OMB APPROVAL
OMB Number: 3235-0570
Expires: August 31, 2011
Estimated average burden hours per response: 18.9
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number: 811-7978
ING Mayflower Trust
7337 E. Doubletree Ranch Rd., Scottsdale, AZ 85258
(Address of principal executive offices) (Zip code)
CT Corporation System, 101 Federal Street, Boston, MA 02110
(Name and address of agent for service)
Registrant’s telephone number, including area code: 1-800-992-0180
Date of fiscal year end: October 31
Date of reporting period: November 1, 2010 to April 30, 2011
Item 1. Reports to Stockholders.
The following is a copy of the report transmitted to stockholders pursuant to Rule 30e-1 under the Act (17 CFR 270.30e-1):
Global Equity Funds | ||
n | ING Global Equity Dividend Fund | |
n | ING Global Natural Resources Fund | |
n | ING Global Real Estate Fund | |
n | ING Global Value Choice Fund |
International Equity Funds | ||
n | ING Emerging Countries Fund | |
n | ING Global Opportunities Fund | |
n | ING Greater China Fund | |
n | ING Index Plus International Equity Fund | |
n | ING International Capital Appreciation Fund | |
n | ING International Core Fund | |
n | ING International Growth Fund | |
n | ING International Real Estate Fund | |
n | ING International SmallCap Multi-Manager Fund | |
n | ING International Value Fund | |
n | ING International Value Choice Fund | |
n | ING Russia Fund |
Global and International Fixed-Income Funds | ||
n | ING Global Bond Fund |
International Fund-of-Funds | ||
n | ING Diversified International Fund |
This report is submitted for general information to shareholders of the ING Funds. It is not authorized for distribution to prospective shareholders unless accompanied or preceded by a prospectus which includes details regarding the funds’ investment objectives, risks, charges, expenses and other information. This information should be read carefully. |
MUTUAL FUNDS |
President’s Letter | 2 | |||||
Market Perspective | 3 | |||||
Portfolio Managers’ Reports | 6 | |||||
Shareholder Expense Examples | 24 | |||||
Statements of Assets and Liabilities | 28 | |||||
Statements of Operations | 38 | |||||
Statements of Changes in Net Assets | 43 | |||||
Financial Highlights | 52 | |||||
Notes to Financial Statements | 64 | |||||
Summary Portfolios of Investments | 90 | |||||
Advisory Contract Approval Discussion | 159 |
Go Paperless with E-Delivery! | |||||||||||
Sign up now for on-line prospectuses, fund reports, and proxy statements. In less than five minutes, you can help reduce paper mail and lower fund costs. | |||||||||||
Just go to www.ingfunds.com, click on the E-Delivery icon from the home page, follow the directions and complete the quick 5 Steps to Enroll. | |||||||||||
You will be notified by e-mail when these communications become available on the internet. Documents that are not available on the internet will continue to be sent by mail. |
Risk-on/Risk-off
President and Chief Executive Officer
ING Funds
May 20, 2011
The views expressed in the President’s Letter reflect those of the President as of the date of the letter. Any such views are subject to change at any time based upon market or other conditions and ING Funds disclaims any responsibility to update such views. These views may not be relied on as investment advice and, because investment decisions for an ING Fund are based on numerous factors, may not be relied on as an indication of investment intent on behalf of any ING Fund. Reference to specific company securities should not be construed as recommendations or investment advice.
Index | Description | |||||
---|---|---|---|---|---|---|
MSCI World IndexSM | An unmanaged index that measures the performance of over 1,400 securities listed on exchanges in the U.S., Europe, Canada, Australia, New Zealand and the Far East. | |||||
S&P/Case-Shiller 20-City Composite Home Price Index | A composite index of the home price index for the top 20 Metropolitan Statistical Areas in the United States. The index is published monthly by Standard & Poor’s. | |||||
Barclays Capital U.S. Aggregate Bond Index | An unmanaged index of publicly issued investment grade U.S. Government, mortgage-backed, asset-backed and corporate debt securities. | |||||
Barclays Capital High Yield Bond — 2% Issuer Constrained Composite Index | An unmanaged index that includes all fixed income securities having a maximum quality rating of Ba1, a minimum amount outstanding of $150 million, and at least one year to maturity. | |||||
S&P 500® Index | An unmanaged index that measures the performance of securities of approximately 500 large-capitalization companies whose securities are traded on major U.S. stock markets. | |||||
MSCI Japan® Index | A free float-adjusted market capitalization index that is designed to measure developed market equity performance in Japan. | |||||
MSCI Europe ex UK® Index | A free float-adjusted market capitalization index that is designed to measure developed market equity performance in Europe, excluding the UK. | |||||
MSCI UK® Index | A free float-adjusted market capitalization index that is designed to measure developed market equity performance in the UK. | |||||
S&P North American Natural Resources Sector Index | An unmanaged index and a market-capitalization weighted index of stocks designed to measure the performance of companies in the natural resources sector, which includes energy, precious metals, timber and other sub-sectors. Each sector index is a modified-capitalization weighted index, the constituents of which are selected according to objective screening criteria. The weight of a particular stock in each Sector Index is capped at a cap level determined on a sector-by-sector basis. | |||||
S&P Developed Property Index | An unmanaged float-adjusted index which defines and measure the investable universe of publicly traded property companies domiciled in developed countries that derive more than half of their revenue from property-related activities, such as property ownership, management, development, rental and investment. | |||||
MSCI All Country World IndexSM | A free-float adjusted market capitalization index that is designed to measure equity market performance in the global developed and emerging markets. | |||||
MSCI Emerging Markets IndexSM | An unmanaged index that measures the performance of securities listed on exchanges in developing nations throughout the world. It includes the reinvestment of dividends and distributions net of withholding taxes, but does not reflect fees, brokerage commissions or other expenses of investing. | |||||
MSCI All Countries Golden Dragon Index | A broad-based, unmanaged index of common stocks traded in China, Hong Kong and Taiwan. It is an aggregate of the MSCI Hong Kong Index, the MSCI China Free Index and the MSCI Taiwan Index. | |||||
MSCI Europe, Australasia and Far East® (“MSCI EAFE”) Index | An unmanaged index that measures the performance of securities listed on exchanges in Europe, Australasia and the Far East. It includes the reinvestment of dividends net of withholding taxes, but does not reflect fees, brokerage commissions or other expenses of investing. | |||||
MSCI All Country World (ex-US) IndexSM | A free float-adjusted market capitalization index that is designed to measure equity market performance in global developed and emerging markets, excluding the U.S. It includes the reinvestment of dividends net of withholding taxes, but does not reflect fees, brokerage commissions or other expenses of investing. |
Index | Description | |||||
---|---|---|---|---|---|---|
S&P Developed ex-US Property Index | An unmanaged float-adjusted index which defines and measure the investable universe of publicly traded property companies domiciled in developed countries, outside of the United States, that derive more than half of their revenue from property-related activities, such as property ownership, management, development, rental and investment. It includes the reinvestment of dividends but is gross of withholding taxes on dividends and does not reflect fees, brokerage commissions or other expenses of investing. | |||||
S&P Developed ex-US SmallCap Index | An unmanaged float-adjusted index which captures the bottom 15% of companies in the developed markets, based on the cumulative market capitalization of each country, excluding the United States, within the S&P Global Broad Market Index, which covers all publicly listed equities in 47 countries with a float-adjusted market capitalization of US$100 million or greater and a minimum annual trading liquidity of US$50 million. | |||||
S&P Euro-Pacific Asia Composite SmallCap Index | An unmanaged float-adjusted index which captures the bottom 15% of companies in the developed European and Pacific markets, based on the cumulative market capitalization of each country, within the S&P Global Broad Market Index, which covers all publicly listed equities in 47 countries with a float adjusted market capitalization of US$100 million or greater and a minimum annual trading liquidity of US $50 million. | |||||
Russia Trading System Index | A capitalization-weighted index that is calculated in U.S. dollars. The index tracks the performance of Russia’s most active stocks traded on the RTS. The index is operated by the National Association of Participants in the Securities Markets, a non-profit body. | |||||
MSCI Russia 10/40 Index | A free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of the Russian market taking into account the Undertakings for Collective Investment in Transferable Securities (UCITS III) directive which constrains the weight of any single group entity, as defined therein, at 10%of a fund’s total assets and the sum of the weights of all group entities representing more than 5%of the fund at 40% of the fund’s total assets. |
ING GLOBAL EQUITY DIVIDEND FUND | PORTFOLIO MANAGERS’ REPORT |
Country Allocation as of April 30, 2011 (as a percent of net assets) | ||||||||
United States | 37.7 | % | ||||||
Japan | 11.0 | % | ||||||
France | 7.1 | % | ||||||
United Kingdom | 6.7 | % | ||||||
Australia | 4.6 | % | ||||||
Germany | 3.8 | % | ||||||
Netherlands | 2.8 | % | ||||||
Italy | 2.6 | % | ||||||
Switzerland | 2.2 | % | ||||||
Canada | 2.1 | % | ||||||
Countries between 0.5%–1.9%ˆ | 14.2 | % | ||||||
Other Assets and Liabilities — Net* | 5.2 | % | ||||||
Net Assets | 100.0 | % | ||||||
* Includes short-term investments. | ||||||||
ˆ Includes 14 countries, which each represents 0.5%–1.9% of net assets. | ||||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2011 (as a percent of net assets) | ||||||||
Deutsche Post AG | 1.6 | % | ||||||
Intel Corp. | 1.6 | % | ||||||
Chevron Corp. | 1.5 | % | ||||||
Baxter International, Inc. | 1.5 | % | ||||||
Total SA | 1.5 | % | ||||||
AT&T, Inc. | 1.5 | % | ||||||
Sanofi-Aventis SA | 1.5 | % | ||||||
ENI S.p.A. | 1.5 | % | ||||||
Pfizer, Inc. | 1.5 | % | ||||||
Merck & Co., Inc. | 1.4 | % | ||||||
Portfolio holdings are subject to change daily. |
* | Effective November 30, 2010, Kris Hermie was removed as a portfolio manager to the Fund and Herman Klein was added. Effective June 1, 2011, Moudy El Khodr was removed as a portfolio manager to the Fund and Bruno Springael was added. |
PORTFOLIO MANAGERS’ REPORT | ING GLOBAL NATURAL RESOURCES FUND |
Country Allocation as of April 30, 2011 (as a percent of net assets) | ||||||||
United States | 65.8 | % | ||||||
Canada | 22.0 | % | ||||||
Russia | 2.3 | % | ||||||
Netherlands | 2.1 | % | ||||||
United Kingdom | 1.3 | % | ||||||
Australia | 1.0 | % | ||||||
China | 1.0 | % | ||||||
Italy | 0.6 | % | ||||||
Brazil | 0.6 | % | ||||||
Countries between 0.6%–0.6%ˆ | 0.6 | % | ||||||
Other Assets and Liabilities — Net* | 2.7 | % | ||||||
Net Assets | 100.0 | % | ||||||
* Includes short-term investments. | ||||||||
ˆ Includes 1 countries, which each represents 0.6%–0.6% of net assets. | ||||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2011 (as a percent of net assets) | ||||||||
Exxon Mobil Corp. | 9.9 | % | ||||||
ConocoPhillips | 7.2 | % | ||||||
Schlumberger Ltd. | 7.0 | % | ||||||
Suncor Energy, Inc. | 5.1 | % | ||||||
Chevron Corp. | 5.1 | % | ||||||
Apache Corp. | 3.7 | % | ||||||
Canadian Natural Resources Ltd. | 3.7 | % | ||||||
National Oilwell Varco, Inc. | 3.1 | % | ||||||
Barrick Gold Corp. | 2.9 | % | ||||||
Hess Corp. | 2.8 | % | ||||||
Portfolio holdings are subject to change daily. |
ING GLOBAL REAL ESTATE FUND | PORTFOLIO MANAGERS’ REPORT |
Country Allocation as of April 30, 2011 (as a percent of net assets) | ||||||||
United States | 40.7 | % | ||||||
Japan | 12.1 | % | ||||||
Hong Kong | 11.4 | % | ||||||
Australia | 9.5 | % | ||||||
France | 7.5 | % | ||||||
United Kingdom | 4.8 | % | ||||||
Singapore | 4.3 | % | ||||||
Canada | 3.3 | % | ||||||
Netherlands | 1.1 | % | ||||||
Countries between 0.1%–0.7%ˆ | 2.4 | % | ||||||
Other Assets and Liabilities — Net* | 2.9 | % | ||||||
Net Assets | 100.0 | % | ||||||
* Includes short-term investments. | ||||||||
ˆ Includes 6 countries, which each represents 0.1%–0.7% of net assets. | ||||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2011* (as a percent of net assets) | ||||||||
Unibail-Rodamco SE | 4.2 | % | ||||||
Simon Property Group, Inc. | 3.5 | % | ||||||
Equity Residential | 3.0 | % | ||||||
Mitsubishi Estate Co., Ltd. | 3.0 | % | ||||||
Boston Properties, Inc. | 2.9 | % | ||||||
Vornado Realty Trust | 2.9 | % | ||||||
Sun Hung Kai Properties Ltd. | 2.9 | % | ||||||
Cheung Kong Holdings Ltd. | 2.6 | % | ||||||
Mitsui Fudosan Co., Ltd. | 2.0 | % | ||||||
Host Hotels & Resorts, Inc. | 2.0 | % | ||||||
* Excludes short-term investments. | ||||||||
Portfolio holdings are subject to change daily. |
PORTFOLIO MANAGERS’ REPORT | ING GLOBAL VALUE CHOICE FUND |
Country Allocation as of April 30, 2011 (as a percent of net assets) | ||||||||
United States | 25.7 | % | ||||||
Japan | 20.2 | % | ||||||
Canada | 10.4 | % | ||||||
France | 7.7 | % | ||||||
Russia | 4.6 | % | ||||||
South Korea | 3.8 | % | ||||||
Australia | 3.0 | % | ||||||
South Africa | 2.9 | % | ||||||
Brazil | 2.6 | % | ||||||
Countries between 0.1%–2.3%ˆ | 11.9 | % | ||||||
Other Assets and Liabilities — Net* | 7.2 | % | ||||||
Net Assets | 100.0 | % | ||||||
* Includes short-term investments. | ||||||||
ˆ Includes 13 countries, which each represents 0.1%–2.3% of net assets. | ||||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2011* (as a percent of net assets) | ||||||||
Eli Lilly & Co. | 4.9 | % | ||||||
Newmont Mining Corp. | 4.8 | % | ||||||
EDF SA | 4.1 | % | ||||||
Barrick Gold Corp. | 3.8 | % | ||||||
Nippon Telegraph & Telephone Corp. | 3.5 | % | ||||||
Cameco Corp. | 3.5 | % | ||||||
Exelon Corp. | 3.2 | % | ||||||
Thales SA | 3.0 | % | ||||||
East Japan Railway Co. | 2.5 | % | ||||||
Newcrest Mining Ltd. | 2.4 | % | ||||||
* Excludes short-term investments. | ||||||||
Portfolio holdings are subject to change daily. |
ING EMERGING COUNTRIES FUND | PORTFOLIO MANAGERS’ REPORT |
Country Allocation as of April 30, 2011 (as a percent of net assets) | ||||||||
China | 16.6 | % | ||||||
Brazil | 15.8 | % | ||||||
South Korea | 13.6 | % | ||||||
Taiwan | 9.4 | % | ||||||
Russia | 8.3 | % | ||||||
India | 7.3 | % | ||||||
South Africa | 5.0 | % | ||||||
Hong Kong | 4.1 | % | ||||||
Indonesia | 3.3 | % | ||||||
Mexico | 3.2 | % | ||||||
Countries between 0.1%–2.8%ˆ | 13.2 | % | ||||||
Other Assets and Liabilities — Net* | 0.2 | % | ||||||
Net Assets | 100.0 | % | ||||||
* Includes short-term investments. | ||||||||
ˆ Includes 15 countries, which each represents 0.1%–2.8% of net assets. | ||||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2011 (as a percent of net assets) | ||||||||
Samsung Electronics Co., Ltd. | 3.0 | % | ||||||
Gazprom OAO ADR | 3.0 | % | ||||||
iShares MSCI Taiwan Index Fund | 2.3 | % | ||||||
Petroleo Brasileiro SA | 2.1 | % | ||||||
Taiwan Semiconductor Manufacturing Co., Ltd. | 2.1 | % | ||||||
Sberbank of Russian Federation | 2.0 | % | ||||||
iShares MSCI Malaysia Index Fund | 1.9 | % | ||||||
Vale SA | 1.9 | % | ||||||
America Movil SAB de CV ADR | 1.8 | % | ||||||
Industrial & Commercial Bank of China | 1.8 | % | ||||||
Portfolio holdings are subject to change daily. |
PORTFOLIO MANAGERS’ REPORT | ING GLOBAL OPPORTUNITIES FUND |
Country Allocation as of April 30, 2011 (as a percent of net assets) | ||||||||
United States | 37.2 | % | ||||||
United Kingdom | 8.4 | % | ||||||
Japan | 7.8 | % | ||||||
Switzerland | 7.2 | % | ||||||
Germany | 4.2 | % | ||||||
Indonesia | 4.1 | % | ||||||
China | 3.8 | % | ||||||
Brazil | 3.6 | % | ||||||
Netherlands | 3.4 | % | ||||||
France | 2.8 | % | ||||||
Countries between 0.4%–2.0%ˆ | 13.5 | % | ||||||
Other Assets and Liabilities — Net* | 4.0 | % | ||||||
Net Assets | 100.0 | % | ||||||
* Includes short-term investments. | ||||||||
ˆ Includes 13 countries, which each represents 0.4%–2.0% of net assets. | ||||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2011 (as a percent of net assets) | ||||||||
NetApp, Inc. | 3.8 | % | ||||||
Apple, Inc. | 2.1 | % | ||||||
SPDR S&P Biotech ETF | 2.1 | % | ||||||
Bank Mandiri Persero TBK PT | 1.9 | % | ||||||
Citigroup, Inc. | 1.9 | % | ||||||
Gazprom OAO ADR | 1.8 | % | ||||||
Astra International Tbk PT | 1.7 | % | ||||||
Bayer AG | 1.7 | % | ||||||
Weatherford International Ltd. | 1.6 | % | ||||||
HSBC Holdings PLC | 1.5 | % | ||||||
Portfolio holdings are subject to change daily. |
* | Effective May 1, 2011, Tycho van Wijk and Tjeert Keijzer were removed as portfolio managers to the Fund and Huub van der Riet and Alex van der Laan were added. |
ING GREATER CHINA FUND | PORTFOLIO MANAGERS’ REPORT |
Country Allocation as of April 30, 2011 (as a percent of net assets) | ||||||||
China | 38.5 | % | ||||||
Hong Kong | 31.0 | % | ||||||
Taiwan | 29.3 | % | ||||||
Other Assets and Liabilities — Net | 1.2 | % | ||||||
Net Assets | 100.0 | % | ||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2011 (as a percent of net assets) | ||||||||
Taiwan Semiconductor Manufacturing Co., Ltd. | 4.7 | % | ||||||
Industrial & Commercial Bank of China | 3.3 | % | ||||||
Chow Sang Sang Holdings International Ltd. | 3.0 | % | ||||||
CNOOC Ltd. | 2.9 | % | ||||||
Bank of China Ltd. | 2.8 | % | ||||||
Hong Kong Exchanges and Clearing Ltd. | 2.7 | % | ||||||
China Construction Bank | 2.7 | % | ||||||
Tencent Holdings Ltd. | 2.7 | % | ||||||
PetroChina Co., Ltd. | 2.6 | % | ||||||
China Life Insurance Co., Ltd. | 2.5 | % | ||||||
Portfolio holdings are subject to change daily. |
PORTFOLIO MANAGERS’ REPORT | ING INDEX PLUS INTERNATIONAL EQUITY FUND |
Country Allocation as of April 30, 2011 (as a percent of net assets) | ||||||||
Japan | 18.4 | % | ||||||
United Kingdom | 18.3 | % | ||||||
Germany | 9.9 | % | ||||||
France | 9.5 | % | ||||||
Australia | 8.3 | % | ||||||
Switzerland | 6.5 | % | ||||||
Netherlands | 4.8 | % | ||||||
Spain | 3.7 | % | ||||||
Italy | 3.5 | % | ||||||
Sweden | 3.4 | % | ||||||
Countries between 0.0%–2.7%ˆ | 11.3 | % | ||||||
Other Assets and Liabilities — Net* | 2.4 | % | ||||||
Net Assets | 100.0 | % | ||||||
* Includes short-term investments related to securities lending collateral. | ||||||||
ˆ Includes 19 countries, which each represents 0.0%–2.7% of net assets. | ||||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2011* (as a percent of net assets) | ||||||||
HSBC Holdings PLC | 1.5 | % | ||||||
BHP Billiton Ltd. | 1.4 | % | ||||||
Nestle SA | 1.3 | % | ||||||
Royal Dutch Shell PLC—Class A | 1.3 | % | ||||||
British American Tobacco PLC | 1.2 | % | ||||||
Siemens AG | 1.2 | % | ||||||
BASF SE | 1.2 | % | ||||||
Novartis AG | 1.2 | % | ||||||
BP PLC | 1.1 | % | ||||||
Total SA | 1.1 | % | ||||||
* Excludes short-term investments. | ||||||||
Portfolio holdings are subject to change daily. |
ING INTERNATIONAL CAPITAL APPRECIATION FUND | PORTFOLIO MANAGERS’ REPORT |
Country Allocation as of April 30, 2011 (as a percent of net assets) | ||||||||
United Kingdom | 15.8 | % | ||||||
Japan | 12.0 | % | ||||||
China | 9.7 | % | ||||||
Germany | 9.1 | % | ||||||
Australia | 8.7 | % | ||||||
Switzerland | 8.5 | % | ||||||
Canada | 6.3 | % | ||||||
France | 5.4 | % | ||||||
Brazil | 4.8 | % | ||||||
Hong Kong | 3.2 | % | ||||||
Countries between 1.1%–2.2%ˆ | 15.8 | % | ||||||
Other Assets and Liabilities — Net* | 0.7 | % | ||||||
Net Assets | 100.0 | % | ||||||
* Includes short-term investments. | ||||||||
ˆ Includes 12 countries, which each represents 1.1%–2.2% of net assets. | ||||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2011 (as a percent of net assets) | ||||||||
Agile Property Holdings Ltd. | 2.1 | % | ||||||
BHP Billiton Ltd. | 2.0 | % | ||||||
SMC Corp. | 2.0 | % | ||||||
Cia Energetica de Minas Gerais ADR | 2.0 | % | ||||||
Suncor Energy, Inc. | 2.0 | % | ||||||
Samsung Electronics | 1.9 | % | ||||||
Fanuc Ltd. | 1.9 | % | ||||||
Autonomy Corp. PLC | 1.9 | % | ||||||
Toyota Motor Corp. | 1.9 | % | ||||||
Bayerische Motoren Werke AG | 1.8 | % | ||||||
Portfolio holdings are subject to change daily. |
PORTFOLIO MANAGERS’ REPORT | ING INTERNATIONAL CORE FUND |
Country Allocation as of April 30, 2011 (as a percent of net assets) | ||||||||
United Kingdom | 15.7 | % | ||||||
France | 10.8 | % | ||||||
Japan | 10.1 | % | ||||||
Germany | 9.2 | % | ||||||
Switzerland | 8.1 | % | ||||||
China | 6.1 | % | ||||||
Canada | 4.7 | % | ||||||
Brazil | 4.6 | % | ||||||
Hong Kong | 3.1 | % | ||||||
Sweden | 2.8 | % | ||||||
Countries between 0.1%–2.5%ˆ | 22.4 | % | ||||||
Other Assets and Liabilities — Net* | 2.4 | % | ||||||
Net Assets | 100.0 | % | ||||||
* Includes short-term investments. | ||||||||
ˆ Includes 23 countries, which each represents 0.1%–2.5% of net assets. | ||||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2011* (as a percent of net assets) | ||||||||
BNP Paribas | 2.1 | % | ||||||
SAP AG | 2.1 | % | ||||||
BG Group PLC | 1.8 | % | ||||||
Canadian Natural Resources Ltd. | 1.5 | % | ||||||
Standard Chartered PLC | 1.5 | % | ||||||
UBS AG | 1.4 | % | ||||||
Fanuc Ltd. | 1.3 | % | ||||||
Volkswagen AG | 1.3 | % | ||||||
Komatsu Ltd. | 1.3 | % | ||||||
Potash Corp. of Saskatchewan, Inc. | 1.3 | % | ||||||
* Excludes short-term investments. | ||||||||
Portfolio holdings are subject to change daily. |
(1) | For purposes of these discussions, “the fund” refers to each Sub-Adviser’s respectively managed portion of ING International Core Fund. |
ING INTERNATIONAL GROWTH FUND | PORTFOLIO MANAGERS’ REPORT |
Country Allocation as of April 30, 2011 (as a percent of net assets) | ||||||||
United Kingdom | 18.6 | % | ||||||
Japan | 16.6 | % | ||||||
Switzerland | 9.3 | % | ||||||
France | 6.5 | % | ||||||
Sweden | 5.1 | % | ||||||
Denmark | 4.8 | % | ||||||
Germany | 4.3 | % | ||||||
Brazil | 3.7 | % | ||||||
China | 3.5 | % | ||||||
United States | 2.0 | % | ||||||
Countries between 0.2%–3.4%ˆ | 23.8 | % | ||||||
Other Assets and Liabilities — Net* | 1.8 | % | ||||||
Net Assets | 100.0 | % | ||||||
* Includes short-term investments. | ||||||||
ˆ Includes 20 countries, which each represents 0.2%–3.4% of net assets. | ||||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2011* (as a percent of net assets) | ||||||||
Atlas Copco AB | 2.1 | % | ||||||
Nestle SA | 2.0 | % | ||||||
Roche Holding AG | 1.5 | % | ||||||
Carlsberg A/S | 1.4 | % | ||||||
Svenska Handelsbanken AB | 1.4 | % | ||||||
Samsung Electronics | 1.3 | % | ||||||
BG Group PLC | 1.2 | % | ||||||
Itau Unibanco Holding SA ADR | 1.1 | % | ||||||
Groupe Bruxelles Lambert SA | 1.1 | % | ||||||
Standard Chartered PLC | 1.1 | % | ||||||
* Excludes short-term investments. | ||||||||
Portfolio holdings are subject to change daily. |
(1) | For purposes of these discussions, “the fund” refers to each Sub-Adviser’s respectively managed portion of ING International Growth Fund. |
PORTFOLIO MANAGERS’ REPORT | ING INTERNATIONAL REAL ESTATE FUND |
Country Allocation as of April 30, 2011 (as a percent of net assets) | ||||||||
Japan | 21.0 | % | ||||||
Hong Kong | 20.2 | % | ||||||
Australia | 16.3 | % | ||||||
United Kingdom | 9.4 | % | ||||||
France | 8.2 | % | ||||||
Singapore | 8.0 | % | ||||||
Canada | 5.3 | % | ||||||
Netherlands | 2.5 | % | ||||||
Sweden | 1.7 | % | ||||||
Switzerland | 1.6 | % | ||||||
Countries between 0.1%–1.2%ˆ | 3.9 | % | ||||||
Other Assets and Liabilities — Net | 1.9 | % | ||||||
Net Assets | 100.0 | % | ||||||
ˆ Includes 7 countries, which each represents 0.1%–1.2% of net assets. | ||||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2011 (as a percent of net assets) | ||||||||
Mitsubishi Estate Co., Ltd. | 5.5 | % | ||||||
Sun Hung Kai Properties Ltd. | 4.7 | % | ||||||
Unibail-Rodamco SE | 4.5 | % | ||||||
Cheung Kong Holdings Ltd. | 4.5 | % | ||||||
Mitsui Fudosan Co., Ltd. | 3.3 | % | ||||||
Westfield Group | 3.0 | % | ||||||
Stockland | 2.8 | % | ||||||
Hongkong Land Holdings Ltd. | 2.4 | % | ||||||
Sumitomo Realty & Development Co., Ltd. | 2.3 | % | ||||||
Hang Lung Properties Ltd. | 2.1 | % | ||||||
Portfolio holdings are subject to change daily. |
ING INTERNATIONAL SMALLCAP MULTI-MANAGER FUND | PORTFOLIO MANAGERS’ REPORT |
Country Allocation as of April 30, 2011 (as a percent of net assets) | ||||||||
Japan | 16.9 | % | ||||||
United Kingdom | 15.3 | % | ||||||
Germany | 8.6 | % | ||||||
France | 6.1 | % | ||||||
Australia | 5.9 | % | ||||||
Canada | 5.0 | % | ||||||
Switzerland | 4.4 | % | ||||||
South Korea | 3.5 | % | ||||||
Netherlands | 3.2 | % | ||||||
Singapore | 3.1 | % | ||||||
Countries between 0.0%–2.9%ˆ | 26.2 | % �� | ||||||
Other Assets and Liabilities — Net* | 1.8 | % | ||||||
Net Assets | 100.0 | % | ||||||
* Includes short-term investments. | ||||||||
ˆ Includes 33 countries, which each represents 0.0%–2.9% of net assets. | ||||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2011 (as a percent of net assets) | ||||||||
Rallye SA | 0.8 | % | ||||||
SeAH Steel Corp. | 0.7 | % | ||||||
Forbo Holding AG | 0.7 | % | ||||||
Rheinmetall AG | 0.7 | % | ||||||
Computershare Ltd. | 0.7 | % | ||||||
Peugeot SA | 0.6 | % | ||||||
Rubis | 0.6 | % | ||||||
DCC Group PLC | 0.6 | % | ||||||
Delta Lloyd NV | 0.6 | % | ||||||
Gategroup Holding AG | 0.5 | % | ||||||
Portfolio holdings are subject to change daily. |
* | Effective March 23, 2011, Patrick J. McCafferty replaced Qi R. Zeng as a co-portfolio manager to the Fund. |
(1) | For purposes of these discussions, “the fund” refers to each Sub-Adviser’s respectively managed portion of ING International SmallCap Multi-Manager Fund. |
PORTFOLIO MANAGERS’ REPORT | ING INTERNATIONAL VALUE FUND |
Country Allocation as of April 30, 2011 (as a percent of net assets) | ||||||||
Japan | 23.6 | % | ||||||
France | 13.9 | % | ||||||
United Kingdom | 12.6 | % | ||||||
Netherlands | 7.0 | % | ||||||
Germany | 6.1 | % | ||||||
Switzerland | 5.8 | % | ||||||
Italy | 4.4 | % | ||||||
Canada | 3.2 | % | ||||||
Brazil | 2.7 | % | ||||||
Spain | 2.1 | % | ||||||
Countries between 0.2%–2.0%ˆ | 16.7 | % | ||||||
Other Assets and Liabilities — Net* | 1.9 | % | ||||||
Net Assets | 100.0 | % | ||||||
* Includes short-term investments. | ||||||||
ˆ Includes 18 countries, which each represents 0.2%–2.0% of net assets. | ||||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2011 (as a percent of net assets) | ||||||||
Sanofi-Aventis SA | 2.4 | % | ||||||
Total SA | 2.3 | % | ||||||
Novartis AG | 1.9 | % | ||||||
Seven & I Holdings Co., Ltd. | 1.8 | % | ||||||
GlaxoSmithKline PLC | 1.6 | % | ||||||
Deutsche Telekom AG | 1.6 | % | ||||||
Unilever NV | 1.5 | % | ||||||
Telecom Italia S.p.A. | 1.5 | % | ||||||
Royal Dutch Shell PLC — Class A | 1.3 | % | ||||||
Vodafone Group PLC | 1.3 | % | ||||||
Portfolio holdings are subject to change daily. |
* | Effective February 11, 2011, del Rey was added as a third sub-adviser. |
(1) | Effective December 13, 2010, Philip A. Schwartz has left ING Investment Management, Co., and Martin Jansen joined the investment team as a portfolio manager for the Fund. Effective April 14, 2011, John Pairaktaridis was removed as a portfolio manager to the Fund and David Rabinowitz was added. |
(2) | For purposes of these discussions, “the fund” refers to each Sub-Adviser’s respectively managed portion of ING International Value Fund. |
ING INTERNATIONAL VALUE CHOICE FUND | PORTFOLIO MANAGERS’ REPORT |
Country Allocation as of April 30, 2011 (as a percent of net assets) | ||||||||
Japan | 32.2 | % | ||||||
France | 11.5 | % | ||||||
Canada | 10.6 | % | ||||||
United Kingdom | 8.4 | % | ||||||
South Africa | 4.8 | % | ||||||
South Korea | 4.2 | % | ||||||
Netherlands | 4.0 | % | ||||||
Australia | 3.2 | % | ||||||
Germany | 2.6 | % | ||||||
Countries between 1.0%–2.5%ˆ | 14.7 | % | ||||||
Other Assets and Liabilities — Net* | 3.8 | % | ||||||
Net Assets | 100.0 | % | ||||||
* Includes short-term investments. | ||||||||
ˆ Includes 9 countries, which each represents 1.0%–2.5% of net assets. | ||||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2011* (as a percent of net assets) | ||||||||
Sanofi-Aventis SA | 3.3 | % | ||||||
Coca-Cola West Co., Ltd. | 3.3 | % | ||||||
Barrick Gold Corp. | 3.1 | % | ||||||
SK Telecom Co., Ltd. ADR | 2.9 | % | ||||||
Nippon Telegraph & Telephone Corp. ADR | 2.8 | % | ||||||
AngloGold Ashanti Ltd ADR | 2.7 | % | ||||||
GlaxoSmithKline PLC | 2.7 | % | ||||||
AstraZeneca PLC | 2.6 | % | ||||||
Kinross Gold Corp. | 2.6 | % | ||||||
Royal Dutch Shell PLC ADR | 2.5 | % | ||||||
* Excludes short-term investments. | ||||||||
Portfolio holdings are subject to change daily. |
PORTFOLIO MANAGERS’ REPORT | ING RUSSIA FUND |
Industry Allocation as of April 30, 2011 (as a percent of net assets) | ||||||||
Energy | 37.0 | % | ||||||
Materials | 26.8 | % | ||||||
Financials | 15.7 | % | ||||||
Consumer Staples | 6.9 | % | ||||||
Utilities | 5.2 | % | ||||||
Telecommunications | 4.9 | % | ||||||
Industrials | 0.9 | % | ||||||
Health Care | 0.7 | % | ||||||
Consumer Discretionary | 0.7 | % | ||||||
Other Assets and Liabilities — Net* | 1.2 | % | ||||||
Net Assets | 100.0 | % | ||||||
* Includes short-term investments. | ||||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2011* (as a percent of net assets) | ||||||||
Sberbank of Russian Federation | �� | 10.7 | % | |||||
Gazprom OAO | 10.3 | % | ||||||
Lukoil-Spon ADR | 9.3 | % | ||||||
NovaTek OAO GDR | 6.3 | % | ||||||
MMC Norilsk Nickel ADR | 5.2 | % | ||||||
Uralkali GDR | 4.9 | % | ||||||
Mechel OAO ADR | 4.8 | % | ||||||
Magnit OAO | 4.6 | % | ||||||
Rosneft Oil Co. GDR | 4.0 | % | ||||||
VTB Bank OJSC GDR | 2.8 | % | ||||||
* Excludes short-term investments. | ||||||||
Portfolio holdings are subject to change daily. |
* | Effective April 1, 2011, Remco Vergeer was added as a co-portfolio manager to the Fund. |
ING GLOBAL BOND FUND | PORTFOLIO MANAGERS’ REPORT |
Investment Type Allocation as of April 30, 2011 (as a percent of net assets) | ||||||||
Other Bonds | 31.6 | % | ||||||
Corporate Bonds/Notes | 28.1 | % | ||||||
U.S. Government Agency Obligations | 14.9 | % | ||||||
Collateralized Mortgage Obligations | 13.0 | % | ||||||
U.S. Treasury Obligations | 10.7 | % | ||||||
Asset-Backed Securities | 5.3 | % | ||||||
Purchased Options | 0.5 | % | ||||||
Municipal Bonds | 0.2 | % | ||||||
Other Assets and Liabilities — Net* | (4.3) | % | ||||||
Net Assets | 100.0 | % | ||||||
* Includes short-term investments. | ||||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2011 (as a percent of net assets) | ||||||||
Brazil Notas do Tesouro Nacional Serie F, 10.000%, 01/01/14 | 9.2 | % | ||||||
Korea Treasury Bond, 4.750%, 12/10/11 | 4.0 | % | ||||||
Mexican Federal Treasury Certificates (CETES), 4.630%, 09/22/11 | 2.7 | % | ||||||
MBNA Credit Card Master Note Trust, 5.600%, 07/17/14 | 2.3 | % | ||||||
Mexican Udibonos, 4.000%, 06/13/19 | 2.1 | % | ||||||
Fannie Mae, 4.500%, 06/01/37 | 2.1 | % | ||||||
United States Treasury Note, 1.250%, 04/15/14 | 2.0 | % | ||||||
United States Treasury Inflation Indexed Bonds, 0.500%, 04/15/15 | 1.9 | % | ||||||
Bundesrepublik Deutschland, 3.750%, 01/04/19 | 1.9 | % | ||||||
Fannie Mae, 5.000%, 06/01/37 | 1.7 | % | ||||||
Portfolio holdings are subject to change daily. |
* | Effective April 12, 2011, Chris Diaz was removed as a portfolio manager to the Fund and Christine Hurtsellers was added. |
PORTFOLIO MANAGERS’ REPORT | ING DIVERSIFIED INTERNATIONAL FUND |
Asset Allocation as of April 30, 2011 (as a percent of net assets) | ||||||||
ING International Core Fund — Class I | 25.1 | % | ||||||
ING International Growth Fund — Class I | 20.2 | % | ||||||
ING Emerging Countries Fund — Class I | 19.8 | % | ||||||
ING International Value Fund — Class I | 10.6 | % | ||||||
ING International SmallCap Multi-Manager Fund — Class I | 10.1 | % | ||||||
ING International Value Choice Fund — Class I | 9.6 | % | ||||||
ING International Real Estate Fund — Class I | 5.0 | % | ||||||
Other Assets and Liabilities — Net | (0.4) | % | ||||||
Net Assets | 100.0 | % |
Target Allocations as of April 30, 2011 (as a percent of net assets) | ||||||||
International Core | 25 | % | ||||||
International Growth | 20 | % | ||||||
International Value | 20 | % | ||||||
International Small Cap | 10 | % | ||||||
Emerging Markets | 20 | % | ||||||
International Real Estate | 5 | % | ||||||
Portfolio holdings are subject to change daily. |
(1) | The members of the Asset Allocation Committee are: William A. Evans, Paul Zemsky and Heather Hackett. |
Actual Fund Return | Hypothetical (5% return before expenses) | | |||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Beginning Account Value November 1, 2010 | Ending Account Value April 30, 2011 | Annualized Expense Ratio | Expenses Paid During the Period Ended April 30, 2011* | Beginning Account Value November 1, 2010 | Ending Account Value April 30, 2011 | Annualized Expense Ratio | Expenses Paid During the Period Ended April 30, 2011* | ||||||||||||||||||||||||||||
ING Global Equity Dividend Fund | |||||||||||||||||||||||||||||||||||
Class A | $ | 1,000.00 | $ | 1,107.90 | 1.40 | % | $ | 7.32 | $ | 1,000.00 | $ | 1,017.85 | 1.40 | % | $ | 7.00 | |||||||||||||||||||
Class B | 1,000.00 | 1,104.00 | 2.15 | 11.22 | 1,000.00 | 1,014.13 | 2.15 | 10.74 | |||||||||||||||||||||||||||
Class C | 1,000.00 | 1,102.50 | 2.15 | 11.21 | 1,000.00 | 1,014.13 | 2.15 | 10.74 | |||||||||||||||||||||||||||
Class I | 1,000.00 | 1,110.00 | 1.00 | 5.23 | 1,000.00 | 1,019.84 | 1.00 | 5.01 | |||||||||||||||||||||||||||
Class O | 1,000.00 | 1,108.20 | 1.40 | 7.32 | 1,000.00 | 1,017.85 | 1.40 | 7.00 | |||||||||||||||||||||||||||
Class W | 1,000.00 | 1,108.90 | 1.15 | 6.01 | 1,000.00 | 1,019.09 | 1.15 | 5.76 | |||||||||||||||||||||||||||
ING Global Natural Resources Fund | |||||||||||||||||||||||||||||||||||
Class A | 1,000.00 | 1,284.30 | 1.45 | 8.21 | 1,000.00 | 1,017.60 | 1.45 | 7.25 | |||||||||||||||||||||||||||
Class I | 1,000.00 | 1,288.30 | 1.04 | 5.90 | 1,000.00 | 1,019.64 | 1.04 | 5.21 | |||||||||||||||||||||||||||
Class W | 1,000.00 | 1,286.40 | 1.20 | 6.80 | 1,000.00 | 1,018.84 | 1.20 | 6.01 |
* | Expenses are equal to each Fund’s respective annualized expense ratios multiplied by the average account value over the period, multiplied by 181/365 to reflect the most recent fiscal half-year. |
Actual Fund Return | Hypothetical (5% return before expenses) | | |||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Beginning Account Value November 1, 2010 | Ending Account Value April 30, 2011 | Annualized Expense Ratio | Expenses Paid During the Period Ended April 30, 2011* | Beginning Account Value November 1, 2010 | Ending Account Value April 30, 2011 | Annualized Expense Ratio | Expenses Paid During the Period Ended April 30, 2011* | ||||||||||||||||||||||||||||
ING Global Real Estate Fund | |||||||||||||||||||||||||||||||||||
Class A | $ | 1,000.00 | $ | 1,102.20 | 1.29 | % | $ | 6.72 | $ | 1,000.00 | $ | 1,018.40 | 1.29 | % | $ | 6.46 | |||||||||||||||||||
Class B | �� | 1,000.00 | 1,098.80 | 2.04 | 10.62 | 1,000.00 | 1,014.68 | 2.04 | 10.19 | ||||||||||||||||||||||||||
Class C | 1,000.00 | 1,098.30 | 2.04 | 10.61 | 1,000.00 | 1,014.68 | 2.04 | 10.19 | |||||||||||||||||||||||||||
Class I | 1,000.00 | 1,104.50 | 0.97 | 5.06 | 1,000.00 | 1,019.98 | 0.97 | 4.86 | |||||||||||||||||||||||||||
Class O | 1,000.00 | 1,102.10 | 1.29 | 6.72 | 1,000.00 | 1,018.40 | 1.29 | 6.46 | |||||||||||||||||||||||||||
Class W | 1,000.00 | 1,104.00 | 1.04 | 5.43 | 1,000.00 | 1,019.64 | 1.04 | 5.21 | |||||||||||||||||||||||||||
ING Global Value Choice Fund | |||||||||||||||||||||||||||||||||||
Class A | 1,000.00 | 1,131.50 | 1.41 | 7.45 | 1,000.00 | 1,017.80 | 1.41 | 7.05 | |||||||||||||||||||||||||||
Class B | 1,000.00 | 1,127.30 | 2.16 | 11.39 | 1,000.00 | 1,014.08 | 2.16 | 10.79 | |||||||||||||||||||||||||||
Class C | 1,000.00 | 1,127.40 | 2.16 | 11.39 | 1,000.00 | 1,014.08 | 2.16 | 10.79 | |||||||||||||||||||||||||||
Class I | 1,000.00 | 1,133.20 | 1.06 | 5.61 | 1,000.00 | 1,019.54 | 1.06 | 5.31 | |||||||||||||||||||||||||||
Class W | 1,000.00 | 1,133.00 | 1.16 | 6.13 | 1,000.00 | 1,019.04 | 1.16 | 5.81 | |||||||||||||||||||||||||||
ING Emerging Countries Fund | |||||||||||||||||||||||||||||||||||
Class A | 1,000.00 | 1,062.30 | 1.77 | 9.05 | 1,000.00 | 1,016.02 | 1.77 | 8.85 | |||||||||||||||||||||||||||
Class B | 1,000.00 | 1,058.40 | 2.52 | 12.86 | 1,000.00 | 1,012.30 | 2.52 | 12.57 | |||||||||||||||||||||||||||
Class C | 1,000.00 | 1,058.40 | 2.52 | 12.86 | 1,000.00 | 1,012.30 | 2.52 | 12.57 | |||||||||||||||||||||||||||
Class I | 1,000.00 | 1,064.60 | 1.38 | 7.06 | 1,000.00 | 1,017.95 | 1.38 | 6.90 | |||||||||||||||||||||||||||
Class W | 1,000.00 | 1,063.30 | 1.52 | 7.78 | 1,000.00 | 1,017.26 | 1.52 | 7.60 | |||||||||||||||||||||||||||
ING Global Opportunities Fund | |||||||||||||||||||||||||||||||||||
Class A | 1,000.00 | 1,125.40 | 1.51 | 7.96 | 1,000.00 | 1,017.31 | 1.51 | 7.55 | |||||||||||||||||||||||||||
Class B | 1,000.00 | 1,120.40 | 2.26 | 11.88 | 1,000.00 | 1,013.59 | 2.26 | 11.28 | |||||||||||||||||||||||||||
Class C | 1,000.00 | 1,120.50 | 2.26 | 11.88 | 1,000.00 | 1,013.59 | 2.26 | 11.28 | |||||||||||||||||||||||||||
Class I | 1,000.00 | 1,128.10 | 1.06 | 5.59 | 1,000.00 | 1,019.54 | 1.06 | 5.31 | |||||||||||||||||||||||||||
Class W | 1,000.00 | 1,124.50 | 1.26 | 6.64 | 1,000.00 | 1,018.55 | 1.26 | 6.31 | |||||||||||||||||||||||||||
ING Greater China Fund | |||||||||||||||||||||||||||||||||||
Class A | 1,000.00 | 1,054.00 | 2.02 | 10.29 | 1,000.00 | 1,014.78 | 2.02 | 10.09 | |||||||||||||||||||||||||||
Class B | 1,000.00 | 1,049.90 | 2.77 | 14.08 | 1,000.00 | 1,011.06 | 2.77 | 13.81 | |||||||||||||||||||||||||||
Class C | 1,000.00 | 1,050.30 | 2.77 | 14.08 | 1,000.00 | 1,011.06 | 2.77 | 13.81 | |||||||||||||||||||||||||||
Class I | 1,000.00 | 1,055.00 | 1.77 | 9.02 | 1,000.00 | 1,016.02 | 1.77 | 8.85 | |||||||||||||||||||||||||||
Class O | 1,000.00 | 1,053.90 | 2.02 | 10.29 | 1,000.00 | 1,014.78 | 2.02 | 10.09 | |||||||||||||||||||||||||||
ING Index Plus International Equity Fund | |||||||||||||||||||||||||||||||||||
Class A | 1,000.00 | 1,127.40 | 1.15 | 6.07 | 1,000.00 | 1,019.09 | 1.15 | 5.76 | |||||||||||||||||||||||||||
Class B | 1,000.00 | 1,123.80 | 1.90 | 10.01 | 1,000.00 | 1,015.37 | 1.90 | 9.49 | |||||||||||||||||||||||||||
Class C | 1,000.00 | 1,123.70 | 1.90 | 10.00 | 1,000.00 | 1,015.37 | 1.90 | 9.49 | |||||||||||||||||||||||||||
Class I | 1,000.00 | 1,131.10 | 0.65 | 3.43 | 1,000.00 | 1,021.57 | 0.65 | 3.26 | |||||||||||||||||||||||||||
Class O | 1,000.00 | 1,127.10 | 1.15 | 6.07 | 1,000.00 | 1,019.09 | 1.15 | 5.76 | |||||||||||||||||||||||||||
ING International Capital Appreciation Fund | |||||||||||||||||||||||||||||||||||
Class A | 1,000.00 | 1,148.80 | 1.46 | 7.78 | 1,000.00 | 1,017.55 | 1.46 | 7.30 | |||||||||||||||||||||||||||
Class B | 1,000.00 | 1,145.10 | 2.21 | 11.75 | 1,000.00 | 1,013.84 | 2.21 | 11.03 | |||||||||||||||||||||||||||
Class C | 1,000.00 | 1,144.50 | 2.21 | 11.75 | 1,000.00 | 1,013.84 | 2.21 | 11.03 | |||||||||||||||||||||||||||
Class I | 1,000.00 | 1,150.90 | 1.00 | 5.33 | 1,000.00 | 1,019.84 | 1.00 | 5.01 | |||||||||||||||||||||||||||
Class W | 1,000.00 | 1,150.90 | 1.21 | 6.45 | 1,000.00 | 1,018.79 | 1.21 | 6.06 |
* | Expenses are equal to each Fund’s respective annualized expense ratios multiplied by the average account value over the period, multiplied by 181/365 to reflect the most recent fiscal half-year. |
Actual Fund Return | Hypothetical (5% return before expenses) | | |||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Beginning Account Value November 1, 2010 | Ending Account Value April 30, 2011 | Annualized Expense Ratio | Expenses Paid During the Period Ended April 30, 2011* | Beginning Account Value November 1, 2010 | Ending Account Value April 30, 2011 | Annualized Expense Ratio | Expenses Paid During the Period Ended April 30, 2011* | ||||||||||||||||||||||||||||
ING International Core Fund | |||||||||||||||||||||||||||||||||||
Class I(1) | $ | 1,000.00 | $ | 1,055.00 | 0.95 | % | $ | 2.19 | $ | 1,000.00 | $ | 1,020.08 | 0.95 | % | $ | 4.76 | |||||||||||||||||||
ING International Growth Fund | |||||||||||||||||||||||||||||||||||
Class I(2) | 1,000.00 | 1,089.00 | 0.99 | 3.26 | 1,000.00 | 1,019.89 | 0.99 | 4.96 | |||||||||||||||||||||||||||
ING International Real Estate Fund | |||||||||||||||||||||||||||||||||||
Class A | 1,000.00 | 1,071.20 | 1.42 | 7.29 | 1,000.00 | 1,017.75 | 1.42 | 7.10 | |||||||||||||||||||||||||||
Class B | 1,000.00 | 1,066.50 | 2.17 | 11.12 | 1,000.00 | 1,014.03 | 2.17 | 10.84 | |||||||||||||||||||||||||||
Class C | 1,000.00 | 1,067.00 | 2.17 | 11.12 | 1,000.00 | 1,014.03 | 2.17 | 10.84 | |||||||||||||||||||||||||||
Class I | 1,000.00 | 1,071.40 | 1.11 | 5.70 | 1,000.00 | 1,019.29 | 1.11 | 5.56 | |||||||||||||||||||||||||||
Class W | 1,000.00 | 1,072.40 | 1.17 | 6.01 | 1,000.00 | 1,018.99 | 1.17 | 5.86 | |||||||||||||||||||||||||||
ING International SmallCap Multi-Manager Fund | |||||||||||||||||||||||||||||||||||
Class A | 1,000.00 | 1,165.30 | 1.73 | 9.29 | 1,000.00 | 1,016.22 | 1.73 | 8.65 | |||||||||||||||||||||||||||
Class B | 1,000.00 | 1,161.60 | 2.38 | 12.76 | 1,000.00 | 1,012.99 | 2.38 | 11.88 | |||||||||||||||||||||||||||
Class C | 1,000.00 | 1,161.80 | 2.38 | 12.76 | 1,000.00 | 1,012.99 | 2.38 | 11.88 | |||||||||||||||||||||||||||
Class I | 1,000.00 | 1,168.40 | 1.25 | 6.72 | 1,000.00 | 1,018.60 | 1.25 | 6.26 | |||||||||||||||||||||||||||
Class O | 1,000.00 | 1,165.90 | 1.63 | 8.75 | 1,000.00 | 1,016.71 | 1.63 | 8.15 | |||||||||||||||||||||||||||
Class W | 1,000.00 | 1,167.50 | 1.38 | 7.42 | 1,000.00 | 1,017.95 | 1.38 | 6.90 | |||||||||||||||||||||||||||
ING International Value Fund | |||||||||||||||||||||||||||||||||||
Class A | 1,000.00 | 1,101.00 | 1.63 | 8.49 | 1,000.00 | 1,016.71 | 1.63 | 8.15 | |||||||||||||||||||||||||||
Class B | 1,000.00 | 1,096.90 | 2.33 | 12.11 | 1,000.00 | 1,013.24 | 2.33 | 11.63 | |||||||||||||||||||||||||||
Class C | 1,000.00 | 1,097.80 | 2.33 | 12.12 | 1,000.00 | 1,013.24 | 2.33 | 11.63 | |||||||||||||||||||||||||||
Class I | 1,000.00 | 1,102.90 | 1.25 | 6.52 | 1,000.00 | 1,018.60 | 1.25 | 6.26 | |||||||||||||||||||||||||||
Class W | 1,000.00 | 1,102.90 | 1.33 | 6.93 | 1,000.00 | 1,018.20 | 1.33 | 6.66 | |||||||||||||||||||||||||||
ING International Value Choice Fund | |||||||||||||||||||||||||||||||||||
Class A | 1,000.00 | 1,083.60 | 1.60 | 8.27 | 1,000.00 | 1,016.86 | 1.60 | 8.00 | |||||||||||||||||||||||||||
Class B | 1,000.00 | 1,079.90 | 2.35 | 12.12 | 1,000.00 | 1,013.14 | 2.35 | 11.73 | |||||||||||||||||||||||||||
Class C | 1,000.00 | 1,080.40 | 2.35 | 12.12 | 1,000.00 | 1,013.14 | 2.35 | 11.73 | |||||||||||||||||||||||||||
Class I | 1,000.00 | 1,086.20 | 1.26 | 6.52 | 1,000.00 | 1,018.55 | 1.26 | 6.31 | |||||||||||||||||||||||||||
Class W | 1,000.00 | 1,084.90 | 1.35 | 6.98 | 1,000.00 | 1,018.10 | 1.35 | 6.76 | |||||||||||||||||||||||||||
ING Russia Fund | |||||||||||||||||||||||||||||||||||
Class A | 1,000.00 | 1,207.80 | 1.97 | 10.78 | 1,000.00 | 1,015.03 | 1.97 | 9.84 | |||||||||||||||||||||||||||
Class I | 1,000.00 | 1,209.30 | 1.63 | 8.93 | 1,000.00 | 1,016.71 | 1.63 | 8.15 | |||||||||||||||||||||||||||
ING Global Bond Fund | |||||||||||||||||||||||||||||||||||
Class A | 1,000.00 | 1,020.40 | 0.91 | 4.56 | 1,000.00 | 1,020.28 | 0.91 | 4.56 | |||||||||||||||||||||||||||
Class B | 1,000.00 | 1,017.60 | 1.66 | 8.30 | 1,000.00 | 1,016.56 | 1.66 | 8.30 | |||||||||||||||||||||||||||
Class C | 1,000.00 | 1,017.60 | 1.66 | 8.30 | 1,000.00 | 1,016.56 | 1.66 | 8.30 | |||||||||||||||||||||||||||
Class I | 1,000.00 | 1,023.10 | 0.56 | 2.81 | 1,000.00 | 1,022.02 | 0.56 | 2.81 | |||||||||||||||||||||||||||
Class O | 1,000.00 | 1,020.80 | 0.91 | 4.56 | 1,000.00 | 1,020.28 | 0.91 | 4.56 | |||||||||||||||||||||||||||
Class W | 1,000.00 | 1,022.10 | 0.66 | 3.31 | 1,000.00 | 1,021.52 | 0.66 | 3.31 |
* | Expenses are equal to each Fund’s respective annualized expense ratios multiplied by the average account value over the period, multiplied by 181/365 to reflect the most recent fiscal half-year. |
(1) | Commencement of operations was February 8, 2011. Expenses paid for the Actual Fund Return reflect the 82-day period ended April 30, 2011. |
(2) | Commencement of operations was January 5, 2011. Expenses paid for the Actual Fund Return reflect the 115-day period ended April 30, 2011. |
Actual Fund Return | Hypothetical (5% return before expenses) | | |||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Beginning Account Value November 1, 2010 | Ending Account Value April 30, 2011 | Annualized Expense Ratio | Expenses Paid During the Period Ended April 30, 2011* | Beginning Account Value November 1, 2010 | Ending Account Value April 30, 2011 | Annualized Expense Ratio | Expenses Paid During the Period Ended April 30, 2011* | ||||||||||||||||||||||||||||
ING Diversified International Fund** | |||||||||||||||||||||||||||||||||||
Class A | $ | 1,000.00 | $ | 1,118.80 | 0.50 | % | $ | 2.63 | $ | 1,000.00 | $ | 1,022.32 | 0.50 | % | $ | 2.51 | |||||||||||||||||||
Class B | 1,000.00 | 1,114.80 | 1.25 | 6.55 | 1,000.00 | 1,018.60 | 1.25 | 6.26 | |||||||||||||||||||||||||||
Class C | 1,000.00 | 1,113.10 | 1.25 | 6.55 | 1,000.00 | 1,018.60 | 1.25 | 6.26 | |||||||||||||||||||||||||||
Class I | 1,000.00 | 1,120.10 | 0.25 | 1.31 | 1,000.00 | 1,023.55 | 0.25 | 1.25 | |||||||||||||||||||||||||||
Class O | 1,000.00 | 1,117.70 | 0.50 | 2.63 | 1,000.00 | 1,022.32 | 0.50 | 2.51 | |||||||||||||||||||||||||||
Class R | 1,000.00 | 1,116.80 | 0.75 | 3.94 | 1,000.00 | 1,021.08 | 0.75 | 3.76 | |||||||||||||||||||||||||||
Class W | 1,000.00 | 1,119.60 | 0.25 | 1.31 | 1,000.00 | 1,023.55 | 0.25 | 1.25 |
* | Expenses are equal to each Fund’s respective annualized expense ratios multiplied by the average account value over the period, multiplied by 181/365 to reflect the most recent fiscal half-year. |
** | The annualized expense ratios do not include expenses of underlying funds. |
ING Global Equity Dividend Fund | ING Global Natural Resources Fund | ING Global Real Estate Fund | ING Global Value Choice Fund | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASSETS: | ||||||||||||||||||
Investments in securities at value+* | $ | 105,290,903 | $ | 140,549,458 | $ | 3,685,095,261 | $ | 685,513,206 | ||||||||||
Short-term investments** | 338,970 | 3,787,000 | 164,943,916 | 71,235,282 | ||||||||||||||
Cash | 2,844,135 | 640 | — | — | ||||||||||||||
Foreign currencies at value*** | 506,813 | 25,765 | 1,451,739 | — | ||||||||||||||
Receivables: | ||||||||||||||||||
Investment securities sold | 3,997,167 | 447,219 | 4,563,232 | 12,784,269 | ||||||||||||||
Fund shares sold | 9,664 | 289,012 | 24,711,536 | 5,574,371 | ||||||||||||||
Dividends and interest | 514,752 | 23,470 | 9,138,947 | 2,230,807 | ||||||||||||||
Prepaid expenses | 39,951 | 27,253 | 143,285 | 77,113 | ||||||||||||||
Reimbursement due from manager | 880 | — | — | — | ||||||||||||||
Total assets | 113,543,235 | 145,149,817 | 3,890,047,916 | 777,415,048 | ||||||||||||||
LIABILITIES: | ||||||||||||||||||
Payable for investment securities purchased | 1,546,507 | 376,028 | 29,528 | 14,394,494 | ||||||||||||||
Payable for fund shares redeemed | 296,661 | 53,662 | 5,386,715 | 2,457,532 | ||||||||||||||
Payable upon receipt of securities loaned | 363,750 | — | 83,318,176 | 20,378,083 | ||||||||||||||
Unrealized depreciation on forward foreign currency contracts | — | — | — | 160 | ||||||||||||||
Payable to affiliates | 113,011 | 137,698 | 2,892,034 | 756,144 | ||||||||||||||
Payable for directors fees | 630 | 636 | 16,295 | 3,157 | ||||||||||||||
Other accrued expenses and liabilities | 144,643 | 98,788 | 1,311,513 | 170,274 | ||||||||||||||
Total liabilities | 2,465,202 | 666,812 | 92,954,261 | 38,159,844 | ||||||||||||||
NET ASSETS | $ | 111,078,033 | $ | 144,483,005 | $ | 3,797,093,655 | $ | 739,255,204 | ||||||||||
NET ASSETS WERE COMPRISED OF: | ||||||||||||||||||
Paid-in capital | $ | 184,682,424 | $ | 121,814,280 | $ | 3,803,738,474 | $ | 629,908,626 | ||||||||||
Undistributed (distributions in excess of) net investment income | 329,807 | (212,923 | ) | 5,432,027 | 747,227 | |||||||||||||
Accumulated net realized gain (loss) | (87,027,223 | ) | (18,982,513 | ) | (938,398,751 | ) | 31,493,111 | |||||||||||
Net unrealized appreciation | 13,093,025 | 41,864,161 | 926,321,905 | 77,106,240 | ||||||||||||||
NET ASSETS | $ | 111,078,033 | $ | 144,483,005 | $ | 3,797,093,655 | $ | 739,255,204 | ||||||||||
+ Including securities loaned at value | $ | 356,055 | $ | — | $ | 81,261,848 | $ | 19,702,381 | ||||||||||
* Cost of investments in securities | $ | 92,194,894 | $ | 98,686,258 | $ | 2,758,307,147 | $ | 608,379,476 | ||||||||||
** Cost of short-term investments | $ | 363,750 | $ | 3,787,000 | $ | 165,492,980 | $ | 71,292,836 | ||||||||||
*** Cost of foreign currencies | $ | 494,854 | $ | 24,867 | $ | 1,444,724 | $ | — |
ING Global Equity Dividend Fund | ING Global Natural Resources Fund | ING Global Real Estate Fund | ING Global Value Choice Fund | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Class A: | |||||||||||||||||||
Net assets | $ | 41,703,829 | $ | 136,373,337 | $ | 1,447,084,008 | $ | 284,336,018 | |||||||||||
Shares authorized | unlimited | unlimited | unlimited | unlimited | |||||||||||||||
Par value | $ | — | $ | — | $ | — | $ | — | |||||||||||
Shares outstanding | 3,678,531 | 12,053,667 | 82,767,245 | 8,008,036 | |||||||||||||||
Net asset value and redemption price per share | $ | 11.34 | $ | 11.31 | $ | 17.48 | $ | 35.51 | |||||||||||
Maximum offering price per share (5.75%)(1) | $ | 12.03 | $ | 12.00 | $ | 18.55 | $ | 37.68 | |||||||||||
Class B: | |||||||||||||||||||
Net assets | $ | 8,884,290 | n/a | $ | 18,447,750 | $ | 7,305,037 | ||||||||||||
Shares authorized | unlimited | n/a | unlimited | unlimited | |||||||||||||||
Par value | $ | — | n/a | $ | — | $ | — | ||||||||||||
Shares outstanding | 785,705 | n/a | 1,272,566 | 192,697 | |||||||||||||||
Net asset value and redemption price per share(2) | $ | 11.31 | n/a | $ | 14.50 | $ | 37.91 | ||||||||||||
Class C: | |||||||||||||||||||
Net assets | $ | 28,386,331 | n/a | $ | 235,604,873 | $ | 151,224,155 | ||||||||||||
Shares authorized | unlimited | n/a | unlimited | unlimited | |||||||||||||||
Par value | $ | — | n/a | $ | — | $ | — | ||||||||||||
Shares outstanding | 2,517,732 | n/a | 15,336,688 | 4,517,375 | |||||||||||||||
Net asset value and redemption price per share(2) | $ | 11.27 | n/a | $ | 15.36 | $ | 33.48 | ||||||||||||
Class I: | |||||||||||||||||||
Net assets | $ | 14,273,167 | $ | 5,476,753 | $ | 1,729,491,091 | $ | 245,590,368 | |||||||||||
Shares authorized | unlimited | unlimited | unlimited | unlimited | |||||||||||||||
Par value | $ | — | $ | — | $ | — | $ | — | |||||||||||
Shares outstanding | 1,257,741 | 482,571 | 98,888,968 | 6,854,202 | |||||||||||||||
Net asset value and redemption price per share | $ | 11.35 | $ | 11.35 | $ | 17.49 | $ | 35.83 | |||||||||||
Class O: | |||||||||||||||||||
Net assets | $ | 15,360,883 | n/a | $ | 15,366,619 | n/a | |||||||||||||
Shares authorized | unlimited | n/a | unlimited | n/a | |||||||||||||||
Par value | $ | — | n/a | $ | — | n/a | |||||||||||||
Shares outstanding | 1,357,260 | n/a | 878,873 | n/a | |||||||||||||||
Net asset value and redemption price per share | $ | 11.32 | n/a | $ | 17.48 | n/a | |||||||||||||
Class W: | |||||||||||||||||||
Net assets | $ | 2,469,533 | $ | 2,632,915 | $ | 351,099,314 | $ | 50,799,626 | |||||||||||
Shares authorized | unlimited | unlimited | unlimited | unlimited | |||||||||||||||
Par value | $ | — | $ | — | $ | — | $ | — | |||||||||||
Shares outstanding | 199,016 | 184,462 | 20,043,462 | 1,420,692 | |||||||||||||||
Net asset value and redemption price per share | $ | 12.41 | $ | 14.27 | $ | 17.52 | $ | 35.76 | |||||||||||
(1) Maximum offering price is computed at 100/94.25 of net asset value. On purchases of $50,000 or more, the offering price is reduced. | |||||||||||||||||||
(2) Redemption price per share may be reduced for any applicable contingent deferred sales charges. |
ING Emerging Countries Fund | ING Global Opportunities Fund | ING Greater China Fund | ING Index Plus International Equity Fund | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASSETS: | ||||||||||||||||||
Investments in securities at value+* | $ | 175,087,123 | $ | 96,521,270 | $ | 44,445,236 | $ | 99,767,911 | ||||||||||
Short-term investments** | 2,774,892 | 498,083 | — | 1,375,000 | ||||||||||||||
Cash | — | 3,907,393 | 45,700 | 84,062 | ||||||||||||||
Cash collateral for futures | — | — | — | 171,887 | ||||||||||||||
Foreign currencies at value*** | 268,714 | 1,266,231 | 150,420 | 364,309 | ||||||||||||||
Receivables: | ||||||||||||||||||
Investment securities sold | 294,431 | 1,988,332 | 644,344 | 5,011 | ||||||||||||||
Fund shares sold | 89,296 | 9,040 | 53,139 | 22,827 | ||||||||||||||
Dividends and interest | 351,785 | 452,119 | 104,020 | 604,475 | ||||||||||||||
Prepaid expenses | 41,105 | 47,195 | 39,879 | 40,546 | ||||||||||||||
Reimbursement due from manager | — | 1,223 | 21,107 | 27,212 | ||||||||||||||
Total assets | 178,907,346 | 104,690,886 | 45,503,845 | 102,463,240 | ||||||||||||||
LIABILITIES: | ||||||||||||||||||
Payable for investment securities purchased | 142 | 2,650,787 | 350,702 | 245 | ||||||||||||||
Payable for fund shares redeemed | 396,023 | 543,907 | 50,718 | 29,308 | ||||||||||||||
Payable upon receipt of securities loaned | 2,807,215 | 532,824 | — | — | ||||||||||||||
Payable to affiliates | 184,477 | 140,901 | 59,837 | 66,929 | ||||||||||||||
Payable to custodian due to bank overdraft | 31,380 | — | — | — | ||||||||||||||
Payable for directors fees | 850 | 551 | 228 | 605 | ||||||||||||||
Other accrued expenses and liabilities | 159,223 | 319,195 | 62,999 | 123,780 | ||||||||||||||
Total liabilities | 3,579,310 | 4,188,165 | 524,484 | 220,867 | ||||||||||||||
NET ASSETS | $ | 175,328,036 | $ | 100,502,721 | $ | 44,979,361 | $ | 102,242,373 | ||||||||||
NET ASSETS WERE COMPRISED OF: | ||||||||||||||||||
Paid-in capital | $ | 206,105,214 | $ | 195,685,438 | $ | 36,771,465 | $ | 155,246,719 | ||||||||||
Undistributed (distributions in excess of) net investment income | (322,803 | ) | (241,341 | ) | (330,078 | ) | 846,067 | |||||||||||
Accumulated net realized loss | (73,701,971 | ) | (115,264,147 | ) | (1,294,768 | ) | (75,355,488 | ) | ||||||||||
Net unrealized appreciation | 43,247,596 | 20,322,771 | 9,832,742 | 21,505,075 | ||||||||||||||
NET ASSETS | $ | 175,328,036 | $ | 100,502,721 | $ | 44,979,361 | $ | 102,242,373 | ||||||||||
+ Including securities loaned at value | $ | 2,604,376 | $ | 490,628 | $ | — | $ | — | ||||||||||
* Cost of investments in securities | $ | 131,812,373 | $ | 76,248,313 | $ | 34,613,864 | $ | 78,519,936 | ||||||||||
** Cost of short-term investments | $ | 2,807,215 | $ | 532,824 | $ | — | $ | 1,375,000 | ||||||||||
*** Cost of foreign currencies | $ | 268,323 | $ | 1,217,393 | $ | 149,195 | $ | 355,629 |
ING Emerging Countries Fund | ING Global Opportunities Fund | ING Greater China Fund | ING Index Plus International Equity Fund | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Class A: | |||||||||||||||||||
Net assets | $ | 82,239,334 | $ | 46,851,540 | $ | 28,613,845 | $ | 9,319,867 | |||||||||||
Shares authorized | unlimited | unlimited | unlimited | unlimited | |||||||||||||||
Par value | $ | — | $ | — | $ | — | $ | — | |||||||||||
Shares outstanding | 2,680,870 | 3,026,466 | 1,673,191 | 1,002,288 | |||||||||||||||
Net asset value and redemption price per share | $ | 30.68 | $ | 15.48 | $ | 17.10 | $ | 9.30 | |||||||||||
Maximum offering price per share (5.75%)(1) | $ | 32.55 | $ | 16.42 | $ | 18.13 | $ | 9.87 | |||||||||||
Class B: | �� | ||||||||||||||||||
Net assets | $ | 3,023,284 | $ | 7,535,932 | $ | 2,529,042 | $ | 629,192 | |||||||||||
Shares authorized | unlimited | unlimited | unlimited | unlimited | |||||||||||||||
Par value | $ | — | $ | — | $ | — | $ | — | |||||||||||
Shares outstanding | 100,480 | 507,371 | 149,515 | 67,256 | |||||||||||||||
Net asset value and redemption price per share(2) | $ | 30.09 | $ | 14.85 | $ | 16.91 | $ | 9.36 | |||||||||||
Class C: | |||||||||||||||||||
Net assets | $ | 14,595,999 | $ | 38,350,064 | $ | 6,072,641 | $ | 1,231,368 | |||||||||||
Shares authorized | unlimited | unlimited | unlimited | unlimited | |||||||||||||||
Par value | $ | — | $ | — | $ | — | $ | — | |||||||||||
Shares outstanding | 516,753 | 2,581,682 | 358,836 | 132,745 | |||||||||||||||
Net asset value and redemption price per share(2) | $ | 28.25 | $ | 14.85 | $ | 16.92 | $ | 9.28 | |||||||||||
Class I: | |||||||||||||||||||
Net assets | $ | 69,846,661 | $ | 7,598,712 | $ | 2,077,620 | $ | 42,408,484 | |||||||||||
Shares authorized | unlimited | unlimited | unlimited | unlimited | |||||||||||||||
Par value | $ | — | $ | — | $ | — | $ | — | |||||||||||
Shares outstanding | 2,263,529 | 481,351 | 121,463 | 4,550,539 | |||||||||||||||
Net asset value and redemption price per share | $ | 30.86 | $ | 15.79 | $ | 17.10 | $ | 9.32 | |||||||||||
Class O: | |||||||||||||||||||
Net assets | n/a | n/a | $ | 5,686,213 | $ | 48,653,462 | |||||||||||||
Shares authorized | n/a | n/a | unlimited | unlimited | |||||||||||||||
Par value | n/a | n/a | $ | — | $ | — | |||||||||||||
Shares outstanding | n/a | n/a | 335,399 | 5,269,878 | |||||||||||||||
Net asset value and redemption price per share | n/a | n/a | $ | 16.95 | $ | 9.23 | |||||||||||||
Class W: | |||||||||||||||||||
Net assets | $ | 5,622,758 | $ | 166,473 | n/a | n/a | |||||||||||||
Shares authorized | unlimited | unlimited | n/a | n/a | |||||||||||||||
Par value | $ | — | $ | — | n/a | n/a | |||||||||||||
Shares outstanding | 174,338 | 9,825 | n/a | n/a | |||||||||||||||
Net asset value and redemption price per share | $ | 32.25 | $ | 16.94 | n/a | n/a | |||||||||||||
(1) Maximum offering price is computed at 100/94.25 of net asset value. On purchases of $50,000 or more, the offering price is reduced. | |||||||||||||||||||
(2) Redemption price per share may be reduced for any applicable contingent deferred sales charges. |
ING International Capital Appreciation Fund | ING International Core Fund | ING International Growth Fund | ING International Real Estate Fund | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASSETS: | ||||||||||||||||||
Investments in securities at value+* | $ | 51,948,361 | $ | 267,884,610 | $ | 175,703,709 | $ | 651,987,440 | ||||||||||
Short-term investments** | 782,347 | 5,048,939 | 4,005,605 | — | ||||||||||||||
Short-term investments at amortized cost | — | — | 312,718 | — | ||||||||||||||
Cash | 145,179 | 526,102 | 930,134 | 7,215,814 | ||||||||||||||
Foreign currencies at value*** | 7,118 | 53,909 | 466,946 | 337,469 | ||||||||||||||
Receivables: | ||||||||||||||||||
Investment securities sold | 115,180 | 3,677,864 | 2,115,773 | 1,997,604 | ||||||||||||||
Fund shares sold | 9,917 | 20,099 | 11,504 | 2,685,452 | ||||||||||||||
Dividends and interest | 245,822 | 1,163,392 | 688,662 | 3,014,350 | ||||||||||||||
Unrealized appreciation on forward foreign currency contracts | — | 390 | — | — | ||||||||||||||
Prepaid Offering | — | 52,315 | 45,891 | — | ||||||||||||||
Prepaid expenses | 40,085 | — | 21,225 | 52,035 | ||||||||||||||
Reimbursement due from manager | 20,169 | 9,148 | 6,231 | — | ||||||||||||||
Total assets | 53,314,178 | 278,436,768 | 184,308,398 | 667,290,164 | ||||||||||||||
LIABILITIES: | ||||||||||||||||||
Payable for investment securities purchased | 101 | 3,229,822 | 941,226 | 489,025 | ||||||||||||||
Payable for fund shares redeemed | 38,064 | 265,795 | 178,470 | 2,207,746 | ||||||||||||||
Payable upon receipt of securities loaned | 798,300 | — | 4,005,605 | — | ||||||||||||||
Unrealized depreciation on forward foreign currency contracts | — | 145,737 | 950 | — | ||||||||||||||
Payable to affiliates | 52,620 | 192,436 | 121,758 | 614,150 | ||||||||||||||
Payable to custodian due to bank overdraft | — | — | — | — | ||||||||||||||
Payable for directors fees | 381 | 1,237 | 783 | 3,197 | ||||||||||||||
Other accrued expenses and liabilities | 105,172 | 100,247 | 80,427 | 280,502 | ||||||||||||||
Total liabilities | 994,638 | 3,935,274 | 5,329,219 | 3,594,620 | ||||||||||||||
NET ASSETS | $ | 52,319,540 | $ | 274,501,494 | $ | 178,979,179 | $ | 663,695,544 | ||||||||||
NET ASSETS WERE COMPRISED OF: | ||||||||||||||||||
Paid-in capital | $ | 93,702,609 | $ | 257,989,791 | $ | 164,568,527 | $ | 865,738,231 | ||||||||||
Undistributed net investment income | 67,139 | 1,358,319 | 1,071,441 | 1,291,042 | ||||||||||||||
Accumulated net realized gain (loss) | (52,093,557 | ) | (1,874,901 | ) | 892,115 | (345,788,679 | ) | |||||||||||
Net unrealized appreciation | 10,643,349 | 17,028,285 | 12,447,096 | 142,454,950 | ||||||||||||||
NET ASSETS | $ | 52,319,540 | $ | 274,501,494 | $ | 178,979,179 | $ | 663,695,544 | ||||||||||
+ Including securities loaned at value | $ | 760,153 | $ | — | $ | 3,023,116 | $ | — | ||||||||||
* Cost of investments in securities | $ | 41,301,098 | $ | 250,727,943 | $ | 163,273,033 | $ | 509,564,112 | ||||||||||
** Cost of short-term investments | $ | 798,300 | $ | 5,048,939 | $ | 4,005,605 | $ | — | ||||||||||
*** Cost of foreign currencies | $ | 7,135 | $ | 53,909 | $ | 465,918 | $ | 335,072 |
ING International Capital Appreciation Fund | ING International Core Fund | ING International Growth Fund | ING International Real Estate Fund | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Class A: | |||||||||||||||||||
Net assets | $ | 24,206,315 | n/a | n/a | $ | 281,909,165 | |||||||||||||
Shares authorized | unlimited | n/a | n/a | unlimited | |||||||||||||||
Par value | $ | ��� | n/a | n/a | $ | — | |||||||||||||
Shares outstanding | 2,097,157 | n/a | n/a | 30,942,317 | |||||||||||||||
Net asset value and redemption price per share | $ | 11.54 | n/a | n/a | $ | 9.11 | |||||||||||||
Maximum offering price per share (5.75%)(1) | $ | 12.24 | n/a | n/a | $ | 9.67 | |||||||||||||
Class B: | |||||||||||||||||||
Net assets | $ | 1,732,742 | n/a | n/a | $ | 2,821,560 | |||||||||||||
Shares authorized | unlimited | n/a | n/a | unlimited | |||||||||||||||
Par value | $ | — | n/a | n/a | $ | — | |||||||||||||
Shares outstanding | 152,793 | n/a | n/a | 310,736 | |||||||||||||||
Net asset value and redemption price per share(2) | $ | 11.34 | n/a | n/a | $ | 9.08 | |||||||||||||
Class C: | |||||||||||||||||||
Net assets | $ | 8,059,565 | n/a | n/a | $ | 24,439,034 | |||||||||||||
Shares authorized | unlimited | n/a | n/a | unlimited | |||||||||||||||
Par value | $ | — | n/a | n/a | $ | — | |||||||||||||
Shares outstanding | 708,157 | n/a | n/a | 2,693,189 | |||||||||||||||
Net asset value and redemption price per share(2) | $ | 11.38 | n/a | n/a | $ | 9.07 | |||||||||||||
Class I: | |||||||||||||||||||
Net assets | $ | 6,954,230 | $ | 274,501,494 | $ | 178,979,179 | $ | 340,271,166 | |||||||||||
Shares authorized | unlimited | unlimited | unlimited | unlimited | |||||||||||||||
Par value | $ | — | $ | — | $ | — | $ | — | |||||||||||
Shares outstanding | 603,855 | 26,020,149 | 16,440,417 | 37,306,804 | |||||||||||||||
Net asset value and redemption price per share | $ | 11.52 | $ | 10.55 | $ | 10.89 | $ | 9.12 | |||||||||||
Class W: | |||||||||||||||||||
Net assets | $ | 11,366,688 | n/a | n/a | $ | 14,254,619 | |||||||||||||
Shares authorized | unlimited | n/a | n/a | unlimited | |||||||||||||||
Par value | $ | — | n/a | n/a | $ | — | |||||||||||||
Shares outstanding | 983,924 | n/a | n/a | 1,558,397 | |||||||||||||||
Net asset value and redemption price per share | $ | 11.55 | n/a | n/a | $ | 9.15 | |||||||||||||
(1) Maximum offering price is computed at 100/94.25 of net asset value. On purchases of $50,000 or more, the offering price is reduced. | |||||||||||||||||||
(2) Redemption price per share may be reduced for any applicable contingent deferred sales charges. |
ING International SmallCap Multi-Manager Fund | ING International Value Fund | ING International Value Choice Fund | ING Russia Fund | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASSETS: | ||||||||||||||||||
Investments in securities at value+* | $ | 481,309,243 | $ | 1,039,045,533 | $ | 52,670,607 | $ | 501,783,820 | ||||||||||
Short-term investments** | 3,267,451 | 11,167,988 | 1,886,858 | 27,182,557 | ||||||||||||||
Short-term investments at amortized cost | — | — | — | — | ||||||||||||||
Cash | 2,179,636 | — | — | 6,454,475 | ||||||||||||||
Foreign currencies at value*** | 995,102 | 3,812,002 | 53,736 | — | ||||||||||||||
Receivables: | ||||||||||||||||||
Investment securities sold | 5,457,009 | 5,158,362 | — | — | ||||||||||||||
Fund shares sold | 665,762 | 441,421 | 109,184 | 534,965 | ||||||||||||||
Dividends and interest | 1,908,467 | 10,546,360 | 201,085 | 1,226,549 | ||||||||||||||
Unrealized appreciation on forward foreign currency contracts | 19,591 | 1,846 | — | — | ||||||||||||||
Prepaid expenses | 50,781 | 56,175 | 44,243 | 23,523 | ||||||||||||||
Total assets | 495,853,042 | 1,070,229,687 | 54,965,713 | 537,205,889 | ||||||||||||||
LIABILITIES: | ||||||||||||||||||
Payable for investment securities purchased | 2,847,173 | 3,879,756 | 181 | — | ||||||||||||||
Payable for fund shares redeemed | 396,350 | 3,533,142 | 93,198 | 891,766 | ||||||||||||||
Payable upon receipt of securities loaned | 1,715,346 | 1,951,588 | — | 27,350,847 | ||||||||||||||
Unrealized depreciation on forward foreign currency contracts | — | 426 | — | — | ||||||||||||||
Payable to affiliates | 500,180 | 1,220,639 | 54,398 | 676,586 | ||||||||||||||
Payable to custodian due to bank overdraft | — | 182,842 | — | — | ||||||||||||||
Payable to custodian due to foreign currency overdraft**** | — | — | — | 196 | ||||||||||||||
Payable for directors fees | 2,309 | 5,677 | 268 | 2,395 | ||||||||||||||
Other accrued expenses and liabilities | 431,689 | 942,237 | 46,224 | 598,920 | ||||||||||||||
Total liabilities | 5,893,047 | 11,716,307 | 194,269 | 29,520,710 | ||||||||||||||
NET ASSETS | $ | 489,959,995 | $ | 1,058,513,380 | $ | 54,771,444 | $ | 507,685,179 | ||||||||||
NET ASSETS WERE COMPRISED OF: | ||||||||||||||||||
Paid-in capital | $ | 680,139,341 | $ | 1,856,938,290 | $ | 63,199,380 | $ | 420,359,300 | ||||||||||
Undistributed net investment income (accumulated net investment loss) | 612,332 | 5,874,076 | 255,764 | (2,787,438 | ) | |||||||||||||
Accumulated net realized loss | (298,124,198 | ) | (871,263,889 | ) | (14,608,417 | ) | (100,180,269 | ) | ||||||||||
Net unrealized appreciation | 107,332,520 | 66,964,903 | 5,924,717 | 190,293,586 | ||||||||||||||
NET ASSETS | $ | 489,959,995 | $ | 1,058,513,380 | $ | 54,771,444 | $ | 507,685,179 | ||||||||||
+ Including securities loaned at value | $ | 1,577,804 | $ | 1,909,831 | $ | — | $ | 26,002,607 | ||||||||||
* Cost of investments in securities | $ | 374,052,372 | $ | 972,441,092 | $ | 46,748,918 | $ | 311,337,973 | ||||||||||
** Cost of short-term investments | $ | 3,283,390 | $ | 11,408,446 | $ | 1,886,858 | $ | 27,350,847 | ||||||||||
*** Cost of foreign currencies | $ | 978,050 | $ | 3,801,286 | $ | 53,794 | $ | — | ||||||||||
**** Cost of foreign currency overdraft | $ | — | $ | — | $ | — | $ | 191 |
ING International SmallCap Multi-Manager Fund | ING International Value Fund | ING International Value Choice Fund | ING Russia Fund | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Class A: | |||||||||||||||||||
Net assets | $ | 145,798,798 | $ | 483,742,150 | $ | 26,228,665 | $ | 496,638,527 | |||||||||||
Shares authorized | unlimited | unlimited | unlimited | unlimited | |||||||||||||||
Par value | $ | — | $ | 0.01 | $ | — | $ | — | |||||||||||
Shares outstanding | 3,343,814 | 38,029,071 | 2,226,025 | 11,259,339 | |||||||||||||||
Net asset value and redemption price per share | $ | 43.60 | $ | 12.72 | $ | 11.78 | $ | 44.11 | |||||||||||
Maximum offering price per share (5.75%)(1) | $ | 46.26 | $ | 13.50 | $ | 12.50 | $ | 46.80 | |||||||||||
Class B: | |||||||||||||||||||
Net assets | $ | 4,284,438 | $ | 2,394,605 | $ | 844,182 | n/a | ||||||||||||
Shares authorized | unlimited | unlimited | unlimited | n/a | |||||||||||||||
Par value | $ | — | $ | 0.01 | $ | — | n/a | ||||||||||||
Shares outstanding | 93,403 | 187,188 | 72,605 | n/a | |||||||||||||||
Net asset value and redemption price per share(2) | $ | 45.87 | $ | 12.79 | $ | 11.63 | n/a | ||||||||||||
Class C: | |||||||||||||||||||
Net assets | $ | 32,384,596 | $ | 192,543,675 | $ | 5,829,554 | n/a | ||||||||||||
Shares authorized | unlimited | unlimited | unlimited | n/a | |||||||||||||||
Par value | $ | — | $ | 0.01 | $ | — | n/a | ||||||||||||
Shares outstanding | 795,578 | 15,607,940 | 500,897 | n/a | |||||||||||||||
Net asset value and redemption price per share(2) | $ | 40.71 | $ | 12.34 | $ | 11.64 | n/a | ||||||||||||
Class I: | |||||||||||||||||||
Net assets | $ | 255,088,354 | $ | 379,092,163 | $ | 21,759,063 | $ | 11,046,652 | |||||||||||
Shares authorized | unlimited | unlimited | unlimited | unlimited | |||||||||||||||
Par value | $ | — | $ | 0.01 | $ | — | $ | — | |||||||||||
Shares outstanding | 5,844,404 | 29,878,436 | 1,847,310 | 249,284 | |||||||||||||||
Net asset value and redemption price per share | $ | 43.65 | $ | 12.69 | $ | 11.78 | $ | 44.31 | |||||||||||
Class O: | |||||||||||||||||||
Net assets | $ | 1,691,507 | n/a | n/a | n/a | ||||||||||||||
Shares authorized | unlimited | n/a | n/a | n/a | |||||||||||||||
Par value | $ | — | n/a | n/a | n/a | ||||||||||||||
Shares outstanding | 39,097 | n/a | n/a | n/a | |||||||||||||||
Net asset value and redemption price per share | $ | 43.26 | n/a | n/a | n/a | ||||||||||||||
Class W: | |||||||||||||||||||
Net assets | $ | 50,712,302 | $ | 740,787 | $ | 109,980 | n/a | ||||||||||||
Shares authorized | unlimited | unlimited | unlimited | n/a | |||||||||||||||
Par value | $ | — | $ | 0.01 | $ | — | n/a | ||||||||||||
Shares outstanding | 981,662 | 58,428 | 9,334 | n/a | |||||||||||||||
Net asset value and redemption price per share | $ | 51.66 | $ | 12.68 | $ | 11.78 | n/a | ||||||||||||
(1) Maximum offering price is computed at 100/94.25 of net asset value. On purchases of $50,000 or more, the offering price is reduced. | |||||||||||||||||||
(2) Redemption price per share may be reduced for any applicable contingent deferred sales charges. |
ING Global Bond Fund | ING Diversified International Fund | |||||||||
---|---|---|---|---|---|---|---|---|---|---|
ASSETS: | ||||||||||
Investments in securities at value* | $ | 548,523,537 | $ | — | ||||||
Investments in affiliates** | — | 180,596,338 | ||||||||
Short-term investments*** | 2,497,000 | — | ||||||||
Short-term investments at amortized cost | 5,999,872 | — | ||||||||
Cash | 16,677 | 30,511 | ||||||||
Derivatives collateral at broker (Note 2) | 2,770,000 | — | ||||||||
Cash collateral for futures | 1,105,489 | — | ||||||||
Foreign currencies at value**** | 9,659,690 | — | ||||||||
Foreign Cash Collateral for Futures***** | 1,515,962 | — | ||||||||
Receivables: | ||||||||||
Investment securities sold | 11,953,798 | 340,226 | ||||||||
Investment securities sold on a delayed-delivery or when-issued basis | 41,697,748 | — | ||||||||
Fund shares sold | 1,213,987 | 41,047 | ||||||||
Dividends and interest | 5,148,610 | — | ||||||||
Unrealized appreciation on forward foreign currency contracts | 23,145,523 | — | ||||||||
Unrealized appreciation on swap agreements | 450,924 | — | ||||||||
Prepaid expenses | 85,391 | 55,600 | ||||||||
Reimbursement due from manager | 31,167 | 16,318 | ||||||||
Total assets | 655,815,375 | 181,080,040 | ||||||||
LIABILITIES: | ||||||||||
Payable for investment securities purchased | 4,647,797 | — | ||||||||
Payable for investment securities purchased on a delayed-delivery or when-issued basis | 92,214,357 | — | ||||||||
Payable for fund shares redeemed | 3,071,196 | 832,070 | ||||||||
Payable to counterparty for derivatives collateral (Note 2) | 460,000 | — | ||||||||
Unrealized depreciation on forward foreign currency contracts | 20,096,078 | — | ||||||||
Unrealized depreciation on swap agreements | 2,516,677 | — | ||||||||
Payable to affiliates | 322,232 | 91,043 | ||||||||
Payable for directors fees | 2,584 | 925 | ||||||||
Other accrued expenses and liabilities | 237,700 | 230,215 | ||||||||
Written options, at fair valueˆ | 2,538,770 | — | ||||||||
Payable for borrowings against line of credit | 3,715,000 | — | ||||||||
Total liabilities | 129,822,391 | 1,154,253 | ||||||||
NET ASSETS | $ | 525,992,984 | $ | 179,925,787 | ||||||
NET ASSETS WERE COMPRISED OF: | ||||||||||
Paid-in capital | $ | 498,678,267 | $ | 313,630,432 | ||||||
Undistributed net investment income | 1,571,498 | 264,706 | ||||||||
Accumulated net realized loss | (2,066,720 | ) | (160,326,071 | ) | ||||||
Net unrealized appreciation | 27,809,939 | 26,356,720 | ||||||||
NET ASSETS | $ | 525,992,984 | $ | 179,925,787 | ||||||
* Cost of investments in securities | $ | 521,964,532 | $ | — | ||||||
** Cost of investments in affiliates | $ | — | $ | 154,239,618 | ||||||
*** Cost of short-term investments | $ | 2,497,000 | $ | — | ||||||
**** Cost of foreign currencies | $ | 9,408,154 | $ | — | ||||||
***** Cost of foreign cash collateral for futures | $ | 1,515,962 | $ | — | ||||||
ˆ Premiums received on written options | $ | 1,178,590 | $ | — |
ING Global Bond Fund | ING Diversified International Fund | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Class A: | |||||||||||
Net assets | $ | 188,564,012 | $ | 95,797,527 | |||||||
Shares authorized | unlimited | unlimited | |||||||||
Par value | $ | — | $ | — | |||||||
Shares outstanding | 15,541,736 | 9,265,301 | |||||||||
Net asset value and redemption price per share | $ | 12.13 | $ | 10.34 | |||||||
Maximum offering price per share | $ | 12.44 | (1) | $ | 10.97 | (2) | |||||
Class B: | |||||||||||
Net assets | $ | 2,545,798 | $ | 14,752,841 | |||||||
Shares authorized | unlimited | unlimited | |||||||||
Par value | $ | — | $ | — | |||||||
Shares outstanding | 211,705 | 1,430,097 | |||||||||
Net asset value and redemption price per share(3) | $ | 12.03 | $ | 10.32 | |||||||
Class C: | |||||||||||
Net assets | $ | 81,761,804 | $ | 54,446,524 | |||||||
Shares authorized | unlimited | unlimited | |||||||||
Par value | $ | — | $ | — | |||||||
Shares outstanding | 6,774,092 | 5,289,770 | |||||||||
Net asset value and redemption price per share(3) | $ | 12.07 | $ | 10.29 | |||||||
Class I: | |||||||||||
Net assets | $ | 237,315,482 | $ | 8,150,928 | |||||||
Shares authorized | unlimited | unlimited | |||||||||
Par value | $ | — | $ | — | |||||||
Shares outstanding | 19,617,254 | 790,538 | |||||||||
Net asset value and redemption price per share | $ | 12.10 | $ | 10.31 | |||||||
Class O: | |||||||||||
Net assets | $ | 3,544,615 | $ | 4,009,475 | |||||||
Shares authorized | unlimited | unlimited | |||||||||
Par value | $ | — | $ | — | |||||||
Shares outstanding | 297,032 | 390,766 | |||||||||
Net asset value and redemption price per share | $ | 11.93 | $ | 10.26 | |||||||
Class R: | |||||||||||
Net assets | n/a | $ | 170,220 | ||||||||
Shares authorized | n/a | unlimited | |||||||||
Par value | n/a | $ | — | ||||||||
Shares outstanding | n/a | 16,649 | |||||||||
Net asset value and redemption price per share | n/a | $ | 10.22 | ||||||||
Class W: | |||||||||||
Net assets | $ | 12,261,273 | $ | 2,598,272 | |||||||
Shares authorized | unlimited | unlimited | |||||||||
Par value | $ | — | $ | — | |||||||
Shares outstanding | 1,027,777 | 252,828 | |||||||||
Net asset value and redemption price per share | $ | 11.93 | $ | 10.28 | |||||||
(1) Maximum offering price is 2.50% and is computed at 100/97.50 of net asset value. On purchases of $100,000 or more, the offering price is reduced. | |||||||||||
(2) Maximum offering price is 5.75% and is computed at 100/94.25 of net asset value. On purchases of $50,000 or more, the offering price is reduced. | |||||||||||
(3) Redemption price per share may be reduced for any applicable contingent deferred sales charges. |
ING Global Equity Dividend Fund | ING Global Natural Resources Fund | ING Global Real Estate Fund | ING Global Value Choice Fund | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
INVESTMENT INCOME: | ||||||||||||||||||
Dividends, net of foreign taxes withheld*(1) | $ | 2,095,954 | $ | 748,932 | $ | 38,582,577 | $ | 5,204,351 | ||||||||||
Interest, net of foreign taxes withheld* | — | 42 | 1,071 | — | ||||||||||||||
Securities lending income, net | 2,886 | — | 111,057 | 22,950 | ||||||||||||||
Total investment income | 2,098,840 | 748,974 | 38,694,705 | 5,227,301 | ||||||||||||||
EXPENSES: | ||||||||||||||||||
Investment management fees | 437,354 | 535,235 | 11,529,540 | 2,752,414 | ||||||||||||||
Distribution and service fees: | ||||||||||||||||||
Class A | 51,573 | 150,970 | 1,584,299 | 304,800 | ||||||||||||||
Class B | 49,143 | — | 94,976 | 37,264 | ||||||||||||||
Class C | 138,407 | — | 1,059,693 | 641,336 | ||||||||||||||
Class O | 18,331 | — | 18,277 | — | ||||||||||||||
Transfer agent fees: | ||||||||||||||||||
Class A | 38,350 | 94,685 | 1,037,797 | 147,528 | ||||||||||||||
Class B | 9,115 | — | 15,457 | 4,499 | ||||||||||||||
Class C | 25,681 | — | 173,054 | 77,480 | ||||||||||||||
Class I | 2,114 | 46 | 673,217 | 23,008 | ||||||||||||||
Class O | 13,606 | — | 11,921 | — | ||||||||||||||
Class W | 17,298 | 856 | 238,528 | 25,109 | ||||||||||||||
Administrative service fees | 62,478 | 63,099 | 1,616,067 | 313,063 | ||||||||||||||
Shareholder reporting expense | 17,905 | 18,232 | 257,070 | 21,643 | ||||||||||||||
Registration fees | 40,592 | 23,023 | 197,451 | 75,574 | ||||||||||||||
Professional fees | 13,088 | 4,923 | 145,164 | 24,344 | ||||||||||||||
Custody and accounting expense | 24,000 | 11,153 | 373,663 | 57,858 | ||||||||||||||
Directors fees | 2,528 | 2,167 | 57,027 | 7,399 | ||||||||||||||
Miscellaneous expense | 3,797 | 3,162 | 51,296 | 10,595 | ||||||||||||||
Interest expense | 2,589 | — | — | — | ||||||||||||||
Total expenses | 967,949 | 907,551 | 19,134,497 | 4,523,914 | ||||||||||||||
Net recouped (waived and reimbursed) fees | 206 | (247 | ) | (4,788 | ) | (712 | ) | |||||||||||
Brokerage commission recapture | — | — | — | (39,381 | ) | |||||||||||||
Net expenses | 968,155 | 907,304 | 19,129,709 | 4,483,821 | ||||||||||||||
Net investment income (loss) | 1,130,685 | (158,330 | ) | 19,564,996 | 743,480 | |||||||||||||
REALIZED AND UNREALIZED GAIN (LOSS): | ||||||||||||||||||
Net realized gain (loss) on: | ||||||||||||||||||
Investments | 7,940,190 | 4,597,215 | 22,059,910 | 52,348,889 | ||||||||||||||
Capital gain distributions from affiliated underlying funds | — | 542 | — | 11,448 | ||||||||||||||
Foreign currency related transactions | (241,561 | ) | (4,376 | ) | (104,824 | ) | (198,004 | ) | ||||||||||
Net realized gain | 7,698,629 | 4,593,381 | 21,955,086 | 52,162,333 | ||||||||||||||
Net change in unrealized appreciation or depreciation on: | ||||||||||||||||||
Investments | 4,000,930 | 26,120,359 | 298,450,433 | 21,329,227 | ||||||||||||||
Foreign currency related transactions | 24,553 | 1,004 | (47,519 | ) | (5,611 | ) | ||||||||||||
Net change in unrealized appreciation or depreciation | 4,025,483 | 26,121,363 | 298,402,914 | 21,323,616 | ||||||||||||||
Net realized and unrealized gain | 11,724,112 | 30,714,744 | 320,358,000 | 73,485,949 | ||||||||||||||
Increase in net assets resulting from operations | $ | 12,854,797 | $ | 30,556,414 | $ | 339,922,996 | $ | 74,229,429 | ||||||||||
* Foreign taxes withheld | $ | 101,319 | $ | 30,985 | $ | 2,264,305 | $ | 279,069 | ||||||||||
(1) Dividends from affiliates | $ | — | $ | 194 | $ | 4,489 | $ | 5,188 |
ING Emerging Countries Fund | ING Global Opportunities Fund | ING Greater China Fund | ING Index Plus International Equity Fund | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
INVESTMENT INCOME: | ||||||||||||||||||
Dividends, net of foreign taxes withheld*(1) | $ | 1,208,531 | $ | 687,182 | $ | 155,933 | $ | 1,541,988 | ||||||||||
Interest, net of foreign taxes withheld* | — | 689 | — | — | ||||||||||||||
Securities lending income, net | 8,138 | 57,009 | — | — | ||||||||||||||
Total investment income | 1,216,669 | 744,880 | 155,933 | 1,541,988 | ||||||||||||||
EXPENSES: | ||||||||||||||||||
Investment management fees | 920,149 | 491,393 | 259,546 | 330,191 | ||||||||||||||
Distribution and service fees: | ||||||||||||||||||
Class A | 143,564 | 62,294 | 36,638 | 11,283 | ||||||||||||||
Class B | 17,055 | 40,696 | 13,192 | 3,435 | ||||||||||||||
Class C | 74,627 | 212,323 | 29,457 | 5,847 | ||||||||||||||
Class O | — | — | 6,319 | 57,457 | ||||||||||||||
Transfer agent fees: | ||||||||||||||||||
Class A | 62,508 | 64,641 | 17,194 | 12,109 | ||||||||||||||
Class B | 2,582 | 10,545 | 1,548 | 925 | ||||||||||||||
Class C | 11,348 | 55,273 | 3,606 | 1,568 | ||||||||||||||
Class I | 2,668 | 5,711 | 1,370 | 5,688 | ||||||||||||||
Class O | — | — | 3,275 | 61,685 | ||||||||||||||
Class W | 4,605 | 701 | — | — | ||||||||||||||
Administrative service fees | 84,319 | 54,599 | 22,569 | 60,034 | ||||||||||||||
Shareholder reporting expense | 16,151 | 30,641 | 9,774 | 28,487 | ||||||||||||||
Registration fees | 36,524 | 36,568 | 33,823 | 37,779 | ||||||||||||||
Professional fees | 19,118 | 16,642 | 13,377 | 8,797 | ||||||||||||||
Custody and accounting expense | 97,862 | 97,175 | 27,574 | 49,736 | ||||||||||||||
Directors fees | 3,221 | 2,238 | 849 | 2,455 | ||||||||||||||
Miscellaneous expense | 36,495 | 6,293 | 5,642 | 1,463 | ||||||||||||||
Interest expense | 1,646 | 2,539 | 186 | 1,502 | ||||||||||||||
Total expenses | 1,534,442 | 1,190,272 | 485,939 | 680,441 | ||||||||||||||
Net recouped (waived and reimbursed) fees | (105,640 | ) | (197,826 | ) | — | (144,764 | ) | |||||||||||
Net expenses | 1,428,802 | 992,446 | 485,939 | 535,677 | ||||||||||||||
Net investment income (loss) | (212,133 | ) | (247,566 | ) | (330,006 | ) | 1,006,311 | |||||||||||
REALIZED AND UNREALIZED GAIN (LOSS): | ||||||||||||||||||
Net realized gain (loss) on: | �� | |||||||||||||||||
Investments | 9,455,909 | 12,740,673 | 2,361,097 | 10,263,404 | ||||||||||||||
Capital gain distributions from affiliated underlying funds | — | — | — | 60 | ||||||||||||||
Foreign currency related transactions | (390,338 | ) | (110,116 | ) | (11,006 | ) | 110,238 | |||||||||||
Futures | — | — | — | 443,837 | ||||||||||||||
Net realized gain | 9,065,571 | 12,630,557 | 2,350,091 | 10,817,539 | ||||||||||||||
Net change in unrealized appreciation or depreciation on: | ||||||||||||||||||
Investments | 1,551,200 | 387,259 | 305,407 | 3,803,999 | ||||||||||||||
Foreign currency related transactions | (3,842 | ) | 46,158 | 1,478 | 10,064 | |||||||||||||
Futures | — | — | — | 224,189 | ||||||||||||||
Net change in unrealized appreciation or depreciation | 1,547,358 | 433,417 | 306,885 | 4,038,252 | ||||||||||||||
Net realized and unrealized gain | 10,612,929 | 13,063,974 | 2,656,976 | 14,855,791 | ||||||||||||||
Increase in net assets resulting from operations | $ | 10,400,796 | $ | 12,816,408 | $ | 2,326,970 | $ | 15,862,102 | ||||||||||
* Foreign taxes withheld | $ | 76,215 | $ | 50,017 | $ | 8,153 | $ | 141,103 | ||||||||||
(1) Dividends from affiliates | $ | — | $ | — | $ | — | $ | 9 |
ING International Capital Appreciation Fund | ING International Core Fund | ING International Growth Fund | ING International Real Estate Fund | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Six Months Ended April 30, 2011 | February 8, 2011(1) to April 30, 2011 | January 5, 2011(1) to April 30, 2011 | Six Months Ended April 30, 2011 | |||||||||||||||
INVESTMENT INCOME: | ||||||||||||||||||
Dividends, net of foreign taxes withheld*(1) | $ | 583,343 | $ | 1,886,333 | $ | 1,559,983 | $ | 9,638,412 | ||||||||||
Interest, net of foreign taxes withheld* | — | — | 50 | 713 | ||||||||||||||
Securities lending income, net | 49,028 | — | — | — | ||||||||||||||
Total investment income | 632,371 | 1,886,333 | 1,560,033 | 9,639,125 | ||||||||||||||
EXPENSES: | ||||||||||||||||||
Investment management fees | 321,090 | 416,819 | 369,857 | 2,908,767 | ||||||||||||||
Distribution and service fees: | ||||||||||||||||||
Class A | 29,459 | — | — | 319,089 | ||||||||||||||
Class B | 10,553 | — | — | 14,065 | ||||||||||||||
Class C | 38,125 | — | — | 121,039 | ||||||||||||||
Transfer agent fees: | ||||||||||||||||||
Class A | 24,337 | 596 | 518 | 78,625 | ||||||||||||||
Class B | 2,169 | — | — | 858 | ||||||||||||||
Class C | 7,865 | — | — | 7,389 | ||||||||||||||
Class I | 231 | — | — | 11,096 | ||||||||||||||
Class W | 11,212 | — | — | 3,257 | ||||||||||||||
Administrative service fees | 37,775 | 55,575 | 49,314 | 317,103 | ||||||||||||||
Shareholder reporting expense | 9,400 | 13,548 | 22,715 | 25,771 | ||||||||||||||
Registration fees | 38,257 | 6,738 | 5,791 | 54,074 | ||||||||||||||
Professional fees | 15,171 | 7,867 | 14,663 | 38,063 | ||||||||||||||
Custody and accounting expense | 41,159 | 35,956 | 27,206 | 145,581 | ||||||||||||||
Directors fees | 1,614 | 1,417 | 1,048 | 6,815 | ||||||||||||||
Offering expense | — | 14,685 | 21,109 | — | ||||||||||||||
Miscellaneous expense | 5,342 | 3,181 | 3,854 | 12,745 | ||||||||||||||
Interest expense | 493 | — | — | 907 | ||||||||||||||
Total expenses | 594,252 | 556,382 | 516,075 | 4,065,244 | ||||||||||||||
Net recouped (waived and reimbursed) fees | (94,168 | ) | (28,368 | ) | (27,483 | ) | 14 | |||||||||||
Brokerage commission recapture | (669 | ) | — | — | — | |||||||||||||
Net expenses | 499,415 | 528,014 | 488,592 | 4,065,258 | ||||||||||||||
Net investment income | 132,956 | 1,358,319 | 1,071,441 | 5,573,867 | ||||||||||||||
REALIZED AND UNREALIZED GAIN (LOSS): | ||||||||||||||||||
Net realized gain (loss) on: | ||||||||||||||||||
Investments | 13,593,471 | (1,606,285 | ) | 940,165 | 14,046,234 | |||||||||||||
Foreign currency related transactions | (23,651 | ) | (268,616 | ) | (48,050 | ) | (26,862 | ) | ||||||||||
Net realized gain (loss) | 13,569,820 | (1,874,901 | ) | 892,115 | 14,019,372 | |||||||||||||
Net change in unrealized appreciation or depreciation on: | ||||||||||||||||||
Investments | (3,395,352 | ) | 17,156,667 | 12,430,676 | 24,921,117 | |||||||||||||
Foreign currency related transactions | 6,562 | (128,382 | ) | 16,420 | (8,979 | ) | ||||||||||||
Net change in unrealized appreciation or depreciation | (3,388,790 | ) | 17,028,285 | 12,447,096 | 24,912,138 | |||||||||||||
Net realized and unrealized gain | 10,181,030 | 15,153,384 | 13,339,211 | 38,931,510 | ||||||||||||||
Increase in net assets resulting from operations | $ | 10,313,986 | $ | 16,511,703 | $ | 14,410,652 | $ | 44,505,377 | ||||||||||
* Foreign taxes withheld | $ | 37,356 | $ | 167,440 | $ | 132,663 | $ | 832,959 | ||||||||||
(1) Commencement of operations |
ING International SmallCap Multi-Manager Fund | ING International Value Fund | ING International Value Choice Fund | ING Russia Fund | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
INVESTMENT INCOME: | ||||||||||||||||||
Dividends, net of foreign taxes withheld*(1) | $ | 4,025,767 | $ | 14,925,799 | $ | 671,674 | $ | 1,813,917 | ||||||||||
Securities lending income, net | 10,765 | 13,421 | — | 59,839 | ||||||||||||||
Total investment income | 4,036,532 | 14,939,220 | 671,674 | 1,873,756 | ||||||||||||||
EXPENSES: | ||||||||||||||||||
Investment management fees | 2,289,739 | 5,629,886 | 265,667 | 2,969,515 | ||||||||||||||
Distribution and service fees: | ||||||||||||||||||
Class A | 251,537 | 748,879 | 30,476 | 582,154 | ||||||||||||||
Class B | 23,424 | 13,300 | 4,823 | — | ||||||||||||||
Class C | 155,735 | 982,839 | 27,107 | — | ||||||||||||||
Class O | 1,751 | — | — | — | ||||||||||||||
Transfer agent fees: | ||||||||||||||||||
Class A | 109,438 | 365,002 | 23,500 | 283,026 | ||||||||||||||
Class B | 3,616 | 1,947 | 921 | — | ||||||||||||||
Class C | 23,558 | 143,331 | 5,217 | — | ||||||||||||||
Class I | 25,562 | 152,579 | 1,000 | 1,607 | ||||||||||||||
Class O | 1,017 | — | — | — | ||||||||||||||
Class W | 34,500 | 6,291 | 59 | — | ||||||||||||||
Administrative service fees | 228,972 | 562,982 | 26,566 | 237,559 | ||||||||||||||
Shareholder reporting expense | 69,613 | 60,029 | 6,669 | 52,490 | ||||||||||||||
Registration fees | 43,305 | 45,443 | 36,949 | 25,385 | ||||||||||||||
Professional fees | 29,341 | 78,031 | 8,564 | 27,859 | ||||||||||||||
Custody and accounting expense | 174,866 | 262,908 | 12,050 | 465,681 | ||||||||||||||
Directors fees | 8,404 | 22,830 | 2,167 | 8,395 | ||||||||||||||
Miscellaneous expense | 4,625 | 27,051 | 651 | 7,464 | ||||||||||||||
Interest expense | 476 | 13,243 | — | 59 | ||||||||||||||
Total expenses | 3,479,479 | 9,116,571 | 452,386 | 4,661,194 | ||||||||||||||
Net waived and reimbursed fees | (44,102 | ) | (62,202 | ) | (40,830 | ) | — | |||||||||||
Brokerage commission recapture | — | (4,001 | ) | — | — | |||||||||||||
Net expenses | 3,435,377 | 9,050,368 | 411,556 | 4,661,194 | ||||||||||||||
Net investment income (loss) | 601,155 | 5,888,852 | 260,118 | (2,787,438 | ) | |||||||||||||
REALIZED AND UNREALIZED GAIN (LOSS): | ||||||||||||||||||
Net realized gain (loss) on: | ||||||||||||||||||
Investments | 29,829,084 | 20,899,098 | 1,250,325 | (503,904 | ) | |||||||||||||
Capital gain distributions from affiliated underlying funds | 308 | 3,993 | 236 | — | ||||||||||||||
Foreign currency related transactions | (20,915 | ) | (452,126 | ) | (1,689 | ) | (9,273 | ) | ||||||||||
Net realized gain (loss) | 29,808,477 | 20,450,965 | 1,248,872 | (513,177 | ) | |||||||||||||
Net change in unrealized appreciation or depreciation on: | ||||||||||||||||||
Investments | 40,893,854 | 81,927,690 | 2,692,656 | 90,407,414 | ||||||||||||||
Foreign currency related transactions | 32,178 | 139,493 | (2,776 | ) | 16,527 | |||||||||||||
Net change in unrealized appreciation or depreciation | 40,926,032 | 82,067,183 | 2,689,880 | 90,423,941 | ||||||||||||||
Net realized and unrealized gain | 70,734,509 | 102,518,148 | 3,938,752 | 89,910,764 | ||||||||||||||
Increase in net assets resulting from operations | $ | 71,335,664 | $ | 108,407,000 | $ | 4,198,870 | $ | 87,123,326 | ||||||||||
* Foreign taxes withheld | $ | 298,414 | $ | 1,735,079 | $ | 69,319 | $ | 399,650 | ||||||||||
(1) Dividends from affiliates | $ | 224 | $ | 740 | $ | 90 | $ | — |
ING Global Bond Fund | ING Diversified International Fund | |||||||||
---|---|---|---|---|---|---|---|---|---|---|
INVESTMENT INCOME: | ||||||||||
Dividends(1) | $ | 5,020 | $ | — | ||||||
Dividends from affiliated underlying funds | — | 2,230,467 | ||||||||
Interest, net of foreign taxes withheld* | 12,680,914 | — | ||||||||
Total investment income | 12,685,934 | 2,230,467 | ||||||||
EXPENSES: | ||||||||||
Investment management fees | 1,025,233 | — | ||||||||
Distribution and service fees: | ||||||||||
Class A | 236,187 | 122,214 | ||||||||
Class B | 15,837 | 76,627 | ||||||||
Class C | 421,989 | 279,388 | ||||||||
Class O | 4,255 | 4,121 | ||||||||
Class R | — | 442 | ||||||||
Transfer agent fees: | ||||||||||
Class A | 102,751 | 95,432 | ||||||||
Class B | 1,696 | 14,940 | ||||||||
Class C | 45,528 | 54,475 | ||||||||
Class I | 13,508 | 6,624 | ||||||||
Class O | 1,836 | 3,218 | ||||||||
Class R | — | 173 | ||||||||
Class W | 7,545 | 2,502 | ||||||||
Administrative service fees | 256,306 | 91,736 | ||||||||
Shareholder reporting expense | 30,899 | 49,974 | ||||||||
Registration fees | 84,556 | 47,405 | ||||||||
Professional fees | 28,322 | 16,059 | ||||||||
Custody and accounting expense | 136,844 | 14,410 | ||||||||
Directors fees | 7,780 | 3,575 | ||||||||
Miscellaneous expense | 20,371 | 5,632 | ||||||||
Interest expense | �� | 1,719 | — | |||||||
Total expenses | 2,443,162 | 888,947 | ||||||||
Net waived and reimbursed fees | (190,246 | ) | (175,630 | ) | ||||||
Net expenses | 2,252,916 | 713,317 | ||||||||
Net investment income | 10,433,018 | 1,517,150 | ||||||||
REALIZED AND UNREALIZED GAIN (LOSS): | ||||||||||
Net realized gain (loss) on: | ||||||||||
Investments | (6,042,568 | ) | — | |||||||
Capital gain distributions from affiliated underlying funds | 529 | — | ||||||||
Sale of investments in affiliated underlying funds | — | 21,674,860 | ||||||||
Foreign currency related transactions | 3,908,366 | — | ||||||||
Futures | 561,431 | — | ||||||||
Swaps | (1,986,909 | ) | — | |||||||
Written options | 3,276,486 | — | ||||||||
Net realized gain (loss) | (282,665 | ) | 21,674,860 | |||||||
Net change in unrealized appreciation or depreciation on: | ||||||||||
Investments | 183,611 | — | ||||||||
Investment in affiliated underlying funds | — | (2,962,245 | ) | |||||||
Foreign currency related transactions | 1,948,796 | — | ||||||||
Futures | 1,542,709 | — | ||||||||
Swaps | (1,862,766 | ) | — | |||||||
Written options | (1,723,241 | ) | — | |||||||
Net change in unrealized appreciation or depreciation | 89,109 | (2,962,245 | ) | |||||||
Net realized and unrealized gain | (193,556 | ) | 18,712,615 | |||||||
Increase in net assets resulting from operations | $ | 10,239,462 | $ | 20,229,765 | ||||||
* Foreign taxes withheld | $ | 1,981 | $ | — | ||||||
(1) Dividends from affiliates | $ | 516 | $ | — |
ING Global Equity Dividend Fund | ING Global Natural Resources Fund | ||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Six Months Ended April 30, 2011 | Year Ended October 31, 2010 | Six Months Ended April 30, 2011 | Year Ended October 31, 2010 | ||||||||||||||||
FROM OPERATIONS: | |||||||||||||||||||
Net investment income (loss) | $ | 1,130,685 | $ | 3,435,716 | $ | (158,330 | ) | $ | 131,066 | ||||||||||
Net realized gain | 7,698,629 | 9,295,314 | 4,593,381 | 3,243,879 | |||||||||||||||
Net change in unrealized appreciation or depreciation | 4,025,483 | 3,895,767 | 26,121,363 | 8,482,012 | |||||||||||||||
Increase in net assets resulting from operations | 12,854,797 | 16,626,797 | 30,556,414 | 11,856,957 | |||||||||||||||
FROM DISTRIBUTIONS TO SHAREHOLDERS: | |||||||||||||||||||
Net investment income: | |||||||||||||||||||
Class A | (296,351 | ) | (1,099,380 | ) | (48,857 | ) | (297,867 | ) | |||||||||||
Class B | (33,185 | ) | (232,057 | ) | — | — | |||||||||||||
Class C | (102,462 | ) | (572,183 | ) | — | — | |||||||||||||
Class I | (121,837 | ) | (173,783 | ) | (4,269 | ) | (4,054 | ) | |||||||||||
Class O | (108,436 | ) | (380,980 | ) | — | — | |||||||||||||
Class W | (144,307 | ) | (776,958 | ) | (286 | ) | (986 | ) | |||||||||||
Total distributions | (806,578 | ) | (3,235,341 | ) | (53,412 | ) | (302,907 | ) | |||||||||||
FROM CAPITAL SHARE TRANSACTIONS: | |||||||||||||||||||
Net proceeds from sale of shares | 12,094,546 | 42,190,089 | 18,235,195 | 17,893,170 | |||||||||||||||
Reinvestment of distributions | 543,105 | 2,013,907 | 45,055 | 265,592 | |||||||||||||||
12,637,651 | 44,203,996 | 18,280,250 | 18,158,762 | ||||||||||||||||
Cost of shares redeemed | (60,886,560 | ) | (49,087,115 | ) | (9,232,130 | ) | (25,151,505 | ) | |||||||||||
Net increase (decrease) in net assets resulting from capital share transactions | (48,248,909 | ) | (4,883,119 | ) | 9,048,120 | (6,992,743 | ) | ||||||||||||
Net increase (decrease) in net assets | (36,200,690 | ) | 8,508,337 | 39,551,122 | 4,561,307 | ||||||||||||||
NET ASSETS: | |||||||||||||||||||
Beginning of period | 147,278,723 | 138,770,386 | 104,931,883 | 100,370,576 | |||||||||||||||
End of period | $ | 111,078,033 | $ | 147,278,723 | $ | 144,483,005 | $ | 104,931,883 | |||||||||||
Undistributed (distributions in excess of) net investment income at end of period | $ | 329,807 | $ | 5,700 | $ | (212,923 | ) | $ | (1,181 | ) |
ING Global Real Estate Fund | ING Global Value Choice Fund | ||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Six Months Ended April 30, 2011 | Year Ended October 31, 2010 | Six Months Ended April 30, 2011 | Year Ended October 31, 2010 | ||||||||||||||||
FROM OPERATIONS: | |||||||||||||||||||
Net investment income | $ | 19,564,996 | $ | 36,629,428 | $ | 743,480 | $ | 973,501 | |||||||||||
Net realized gain (loss) | 21,955,086 | (57,066,926 | ) | 52,162,333 | 29,566,223 | ||||||||||||||
Net change in unrealized appreciation or depreciation | 298,402,914 | 466,607,069 | 21,323,616 | 30,438,831 | |||||||||||||||
Increase in net assets resulting from operations | 339,922,996 | 446,169,571 | 74,229,429 | 60,978,555 | |||||||||||||||
FROM DISTRIBUTIONS TO SHAREHOLDERS: | |||||||||||||||||||
Net investment income: | |||||||||||||||||||
Class A | (30,920,509 | ) | (52,577,111 | ) | (3,110,805 | ) | (751,278 | ) | |||||||||||
Class B | (499,098 | ) | (1,269,597 | ) | (42,997 | ) | (18,461 | ) | |||||||||||
Class C | (5,145,484 | ) | (8,728,497 | ) | (1,314,609 | ) | (160,740 | ) | |||||||||||
Class I | (36,483,078 | ) | (38,316,201 | ) | (2,956,545 | ) | (97,710 | ) | |||||||||||
Class O | (356,045 | ) | (742,011 | ) | — | — | |||||||||||||
Class Q | — | — | — | (5,431 | ) | ||||||||||||||
Class W | (7,472,234 | ) | (9,909,852 | ) | (584,512 | ) | (17,043 | ) | |||||||||||
Total distributions | (80,876,448 | ) | (111,543,269 | ) | (8,009,468 | ) | (1,050,663 | ) | |||||||||||
FROM CAPITAL SHARE TRANSACTIONS: | |||||||||||||||||||
Net proceeds from sale of shares | 996,545,023 | 1,542,276,839 | 257,306,804 | 376,846,120 | |||||||||||||||
Payment from Distribution settlement/affiliate (Note 16) | — | — | — | 389,524 | |||||||||||||||
Reinvestment of distributions | 69,638,801 | 90,697,315 | 4,384,975 | 760,106 | |||||||||||||||
1,066,183,824 | 1,632,974,154 | 261,691,779 | 377,995,750 | ||||||||||||||||
Cost of shares redeemed | (424,919,310 | ) | (759,323,843 | ) | (82,983,158 | ) | (119,767,474 | ) | |||||||||||
Net increase in net assets resulting from capital share transactions | 641,264,514 | 873,650,311 | 178,708,621 | 258,228,276 | |||||||||||||||
Net increase in net assets | 900,311,062 | 1,208,276,613 | 244,928,582 | 318,156,168 | |||||||||||||||
NET ASSETS: | |||||||||||||||||||
Beginning of period | 2,896,782,593 | 1,688,505,980 | 494,326,622 | 176,170,454 | |||||||||||||||
End of period | $ | 3,797,093,655 | $ | 2,896,782,593 | $ | 739,255,204 | $ | 494,326,622 | |||||||||||
Undistributed (distributions in excess of) net investment income at end of period | $ | 5,432,027 | $ | (10,030,598 | ) | $ | 747,227 | $ | 8,013,215 |
ING Emerging Countries Fund | ING Global Opportunities Fund | ||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Six Months Ended April 30, 2011 | Year Ended October 31, 2010 | Six Months Ended April 30, 2011 | Year Ended October 31, 2010 | ||||||||||||||||
FROM OPERATIONS: | |||||||||||||||||||
Net investment income (loss) | $ | (212,133 | ) | $ | (279,306 | ) | $ | (247,566 | ) | $ | 392,350 | ||||||||
Net realized gain | 9,065,571 | 19,585,960 | 12,630,557 | 34,377,727 | |||||||||||||||
Net change in unrealized appreciation or depreciation | 1,547,358 | 10,439,846 | 433,417 | (23,110,637 | ) | ||||||||||||||
Increase in net assets resulting from operations | 10,400,796 | 29,746,500 | 12,816,408 | 11,659,440 | |||||||||||||||
FROM DISTRIBUTIONS TO SHAREHOLDERS: | |||||||||||||||||||
Net investment income: | |||||||||||||||||||
Class A | — | — | (1,180,126 | ) | — | ||||||||||||||
Class B | — | — | (117,935 | ) | — | ||||||||||||||
Class C | — | — | (653,715 | ) | — | ||||||||||||||
Class I | (104,699 | ) | — | (248,053 | ) | — | |||||||||||||
Class W | (6,626 | ) | — | (5,783 | ) | — | |||||||||||||
Total distributions | (111,325 | ) | — | (2,205,612 | ) | — | |||||||||||||
FROM CAPITAL SHARE TRANSACTIONS: | |||||||||||||||||||
Net proceeds from sale of shares | 26,630,269 | 74,363,135 | 3,382,664 | 23,504,697 | |||||||||||||||
Reinvestment of distributions | 109,513 | — | 1,762,455 | — | |||||||||||||||
26,739,782 | 74,363,135 | 5,145,119 | 23,504,697 | ||||||||||||||||
Cost of shares redeemed | (46,442,779 | ) | (57,366,562 | ) | (40,097,143 | ) | (160,748,061 | ) | |||||||||||
Net increase (decrease) in net assets resulting from capital share transactions | (19,702,997 | ) | 16,996,573 | (34,952,024 | ) | (137,243,364 | ) | ||||||||||||
Net increase (decrease) in net assets | (9,413,526 | ) | 46,743,073 | (24,341,228 | ) | (125,583,924 | ) | ||||||||||||
NET ASSETS: | |||||||||||||||||||
Beginning of period | 184,741,562 | 137,998,489 | 124,843,949 | 250,427,873 | |||||||||||||||
End of period | $ | 175,328,036 | $ | 184,741,562 | $ | 100,502,721 | $ | 124,843,949 | |||||||||||
Undistributed (distributions in excess of) net investment income at end of period | $ | (322,803 | ) | $ | 655 | $ | (241,341 | ) | $ | 2,211,837 |
ING Greater China Fund | ING Index Plus International Equity Fund | ||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Six Months Ended April 30, 2011 | Year Ended October 31, 2010 | Six Months Ended April 30, 2011 | Year Ended October 31, 2010 | ||||||||||||||||
FROM OPERATIONS: | |||||||||||||||||||
Net investment income (loss) | $ | (330,006 | ) | $ | 79,602 | $ | 1,006,311 | $ | 2,073,406 | ||||||||||
Net realized gain | 2,350,091 | 3,911,260 | 10,817,539 | 5,432,248 | |||||||||||||||
Net change in unrealized appreciation or depreciation | 306,885 | 2,259,255 | 4,038,252 | 8,811,031 | |||||||||||||||
Increase in net assets resulting from operations | 2,326,970 | 6,250,117 | 15,862,102 | 16,316,685 | |||||||||||||||
FROM DISTRIBUTIONS TO SHAREHOLDERS: | |||||||||||||||||||
Net investment income: | |||||||||||||||||||
Class A | (325,107 | ) | (506,388 | ) | (119,991 | ) | (169,055 | ) | |||||||||||
Class B | (12,283 | ) | (27,549 | ) | (2,716 | ) | (11,703 | ) | |||||||||||
Class C | (29,457 | ) | (72,785 | ) | (5,994 | ) | (16,513 | ) | |||||||||||
Class I | (33,732 | ) | (13,810 | ) | (1,354,512 | ) | (1,026,008 | ) | |||||||||||
Class O | (55,501 | ) | (55,680 | ) | (609,056 | ) | (889,985 | ) | |||||||||||
Total distributions | (456,080 | ) | (676,212 | ) | (2,092,269 | ) | (2,113,264 | ) | |||||||||||
FROM CAPITAL SHARE TRANSACTIONS: | |||||||||||||||||||
Net proceeds from sale of shares | 6,065,604 | 15,613,491 | 28,771,282 | 51,021,784 | |||||||||||||||
Payment from Distribution settlement/affiliate (Note 16) | — | — | — | 14,363 | |||||||||||||||
Reinvestment of distributions | 353,901 | 551,175 | 1,504,646 | 1,254,275 | |||||||||||||||
6,419,505 | 16,164,666 | 30,275,928 | 52,290,422 | ||||||||||||||||
Cost of shares redeemed | (8,545,337 | ) | (22,447,403 | ) | (80,154,123 | ) | (38,109,545 | ) | |||||||||||
Net increase (decrease) in net assets resulting from capital share transactions | (2,125,832 | ) | (6,282,737 | ) | (49,878,195 | ) | 14,180,877 | ||||||||||||
Net increase (decrease) in net assets | (254,942 | ) | (708,832 | ) | (36,108,362 | ) | 28,384,298 | ||||||||||||
NET ASSETS: | |||||||||||||||||||
Beginning of period | 45,234,303 | 45,943,135 | 138,350,735 | 109,966,437 | |||||||||||||||
End of period | $ | 44,979,361 | $ | 45,234,303 | $ | 102,242,373 | $ | 138,350,735 | |||||||||||
Undistributed (distributions in excess of) net investment income at end of period | $ | (330,078 | ) | $ | 456,008 | $ | 846,067 | $ | 1,932,025 |
ING International Capital Appreciation Fund | ING International Core Fund | ||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Six Months Ended April 30, 2011 | Year Ended October 31, 2010 | February 8, 2011(1) to April 30, 2011 | |||||||||||||||||
FROM OPERATIONS: | |||||||||||||||||||
Net investment income | $ | 132,956 | $ | 604,292 | $ | 1,358,319 | |||||||||||||
Net realized gain (loss) | 13,569,820 | 6,952,425 | (1,874,901 | ) | |||||||||||||||
Net change in unrealized appreciation or depreciation | (3,388,790 | ) | 4,654,819 | 17,028,285 | |||||||||||||||
Increase in net assets resulting from operations | 10,313,986 | 12,211,536 | 16,511,703 | ||||||||||||||||
FROM DISTRIBUTIONS TO SHAREHOLDERS: | |||||||||||||||||||
Net investment income: | |||||||||||||||||||
Class A | (83,454 | ) | — | — | |||||||||||||||
Class B | (1,646 | ) | — | — | |||||||||||||||
Class C | (5,304 | ) | — | — | |||||||||||||||
Class I | (457,301 | ) | — | — | |||||||||||||||
Class W | (69,778 | ) | — | — | |||||||||||||||
Total distributions | (617,483 | ) | — | — | |||||||||||||||
FROM CAPITAL SHARE TRANSACTIONS: | |||||||||||||||||||
Net proceeds from sale of shares | 2,312,186 | 25,162,278 | 281,252,698 | ||||||||||||||||
Payment from Distribution settlement/affiliate (Note 16) | — | 17,464 | — | ||||||||||||||||
Reinvestment of distributions | 605,775 | — | — | ||||||||||||||||
2,917,961 | 25,179,742 | 281,252,698 | |||||||||||||||||
Cost of shares redeemed | (63,805,483 | ) | (42,618,091 | ) | (23,262,907 | ) | |||||||||||||
Net increase (decrease) in net assets resulting from capital share transactions | (60,887,522 | ) | (17,438,349 | ) | 257,989,791 | ||||||||||||||
Net increase (decrease) in net assets | (51,191,019 | ) | (5,226,813 | ) | 274,501,494 | ||||||||||||||
NET ASSETS: | |||||||||||||||||||
Beginning of period | 103,510,559 | 108,737,372 | — | ||||||||||||||||
End of period | $ | 52,319,540 | $ | 103,510,559 | $ | 274,501,494 | |||||||||||||
Undistributed net investment income at end of period | $ | 67,139 | $ | 551,666 | $ | 1,358,319 | |||||||||||||
(1) Commencement of operations |
ING International Growth Fund | ING International Real Estate Fund | ||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
January 5, 2011(1) to April 30, 2011 | Six Months Ended April 30, 2011 | Year Ended October 31, 2010 | |||||||||||||||||
FROM OPERATIONS: | |||||||||||||||||||
Net investment income | $ | 1,071,441 | $ | 5,573,867 | $ | 10,587,951 | |||||||||||||
Net realized gain (loss) | 892,115 | 14,019,372 | (25,939,550 | ) | |||||||||||||||
Net change in unrealized appreciation or depreciation | 12,447,096 | 24,912,138 | 83,023,827 | ||||||||||||||||
Increase in net assets resulting from operations | 14,410,652 | 44,505,377 | 67,672,228 | ||||||||||||||||
FROM DISTRIBUTIONS TO SHAREHOLDERS: | |||||||||||||||||||
Net investment income: | |||||||||||||||||||
Class A | — | (9,964,258 | ) | (10,206,548 | ) | ||||||||||||||
Class B | — | (101,221 | ) | (247,391 | ) | ||||||||||||||
Class C | — | (878,156 | ) | (1,741,535 | ) | ||||||||||||||
Class I | — | (14,381,306 | ) | (28,888,201 | ) | ||||||||||||||
Class W | — | (402,315 | ) | (197,296 | ) | ||||||||||||||
Total distributions | — | (25,727,256 | ) | (41,280,971 | ) | ||||||||||||||
FROM CAPITAL SHARE TRANSACTIONS: | |||||||||||||||||||
Net proceeds from sale of shares | 186,803,372 | 80,763,438 | 240,789,962 | ||||||||||||||||
Reinvestment of distributions | — | 12,096,004 | 16,644,023 | ||||||||||||||||
186,803,372 | 92,859,442 | 257,433,985 | |||||||||||||||||
Cost of shares redeemed | (22,234,845 | ) | (88,373,711 | ) | (180,122,321 | ) | |||||||||||||
Net increase in net assets resulting from capital share transactions | 164,568,527 | 4,485,731 | 77,311,664 | ||||||||||||||||
Net increase in net assets | 178,979,179 | 23,263,852 | 103,702,921 | ||||||||||||||||
NET ASSETS: | |||||||||||||||||||
Beginning of period | — | 640,431,692 | 536,728,771 | ||||||||||||||||
End of period | $ | 178,979,179 | $ | 663,695,544 | $ | 640,431,692 | |||||||||||||
Undistributed net investment income at end of period | $ | 1,071,441 | $ | 1,291,042 | $ | 21,444,431 | |||||||||||||
(1) Commencement of operations |
ING International SmallCap Multi-Manager Fund | ING International Value Fund | ||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Six Months Ended April 30, 2011 | Year Ended October 31, 2010 | Six Months Ended April 30, 2011 | Year Ended October 31, 2010 | ||||||||||||||||
FROM OPERATIONS: | |||||||||||||||||||
Net investment income | $ | 601,155 | $ | 2,716,015 | $ | 5,888,852 | $ | 24,236,719 | |||||||||||
Net realized gain (loss) | 29,808,477 | 33,364,816 | 20,450,965 | (67,022,980 | ) | ||||||||||||||
Net change in unrealized appreciation or depreciation | 40,926,032 | 42,545,269 | 82,067,183 | 109,889,727 | |||||||||||||||
Increase in net assets resulting from operations | 71,335,664 | 78,626,100 | 108,407,000 | 67,103,466 | |||||||||||||||
FROM DISTRIBUTIONS TO SHAREHOLDERS: | |||||||||||||||||||
Net investment income: | |||||||||||||||||||
Class A | (538,492 | ) | (2,214,496 | ) | (10,041,643 | ) | (10,943,798 | ) | |||||||||||
Class B | — | (27,325 | ) | — | (133,023 | ) | |||||||||||||
Class C | — | (246,685 | ) | (2,816,330 | ) | (2,639,332 | ) | ||||||||||||
Class I | (1,823,618 | ) | (2,893,717 | ) | (9,781,908 | ) | (11,909,194 | ) | |||||||||||
Class O | (6,432 | ) | (9,289 | ) | — | — | |||||||||||||
Class Q | — | (284,494 | ) | — | (415,057 | ) | |||||||||||||
Class W | (239,610 | ) | (288,761 | ) | (545,212 | ) | (75,790 | ) | |||||||||||
Total distributions | (2,608,152 | ) | (5,964,767 | ) | (23,185,093 | ) | (26,116,194 | ) | |||||||||||
FROM CAPITAL SHARE TRANSACTIONS: | |||||||||||||||||||
Net proceeds from sale of shares | 52,409,473 | 109,000,144 | 102,956,827 | 176,559,300 | |||||||||||||||
Payment from Distribution settlement/affiliate (Note 16) | — | 1,034,530 | — | 2,544,969 | |||||||||||||||
Reinvestment of distributions | 1,510,812 | 3,818,283 | 18,089,595 | 19,300,834 | |||||||||||||||
53,920,285 | 113,852,957 | 121,046,422 | 198,405,103 | ||||||||||||||||
Cost of shares redeemed | (67,866,530 | ) | (178,117,169 | ) | (384,305,081 | ) | (676,759,545 | ) | |||||||||||
Net decrease in net assets resulting from capital share transactions | (13,946,245 | ) | (64,264,212 | ) | (263,258,659 | ) | (478,354,442 | ) | |||||||||||
Net increase (decrease) in net assets | 54,781,267 | 8,397,121 | (178,036,752 | ) | (437,367,170 | ) | |||||||||||||
NET ASSETS: | |||||||||||||||||||
Beginning of period | 435,178,728 | 426,781,607 | 1,236,550,132 | 1,673,917,302 | |||||||||||||||
End of period | $ | 489,959,995 | $ | 435,178,728 | $ | 1,058,513,380 | $ | 1,236,550,132 | |||||||||||
Undistributed net investment income at end of period | $ | 612,332 | $ | 2,619,329 | $ | 5,874,076 | $ | 23,170,317 |
ING International Value Choice Fund | ING Russia Fund | ||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Six Months Ended April 30, 2011 | Year Ended October 31, 2010 | Six Months Ended April 30, 2011 | Year Ended October 31, 2010 | ||||||||||||||||
FROM OPERATIONS: | |||||||||||||||||||
Net investment income (loss) | $ | 260,118 | $ | 471,083 | $ | (2,787,438 | ) | $ | (3,970,449 | ) | |||||||||
Net realized gain (loss) | 1,248,872 | 267,607 | (513,177 | ) | (28,250,872 | ) | |||||||||||||
Net change in unrealized appreciation or depreciation | 2,689,880 | 5,286,894 | 90,423,941 | 115,182,951 | |||||||||||||||
Increase in net assets resulting from operations | 4,198,870 | 6,025,584 | 87,123,326 | 82,961,630 | |||||||||||||||
FROM DISTRIBUTIONS TO SHAREHOLDERS: | |||||||||||||||||||
Net investment income: | |||||||||||||||||||
Class A | (190,808 | ) | (131,060 | ) | — | — | |||||||||||||
Class B | — | (1,702 | ) | — | — | ||||||||||||||
Class C | (12,952 | ) | (4,059 | ) | — | — | |||||||||||||
Class I | (187,574 | ) | (227,476 | ) | — | — | |||||||||||||
Class W | (516 | ) | (27 | ) | — | — | |||||||||||||
Total distributions | (391,850 | ) | (364,324 | ) | — | — | |||||||||||||
FROM CAPITAL SHARE TRANSACTIONS: | |||||||||||||||||||
Net proceeds from sale of shares | 17,724,542 | 22,686,014 | 41,574,532 | 71,709,252 | |||||||||||||||
Reinvestment of distributions | 351,442 | 350,219 | — | — | |||||||||||||||
18,075,984 | 23,036,233 | 41,574,532 | 71,709,252 | ||||||||||||||||
Redemption fee proceeds (Note 4) | — | — | 83,814 | 374,780 | |||||||||||||||
Cost of shares redeemed | (13,905,761 | ) | (31,051,386 | ) | (47,409,526 | ) | (101,984,599 | ) | |||||||||||
Net increase (decrease) in net assets resulting from capital share transactions | 4,170,223 | (8,015,153 | ) | (5,751,180 | ) | (29,900,567 | ) | ||||||||||||
Net increase (decrease) in net assets | 7,977,243 | (2,353,893 | ) | 81,372,146 | 53,061,063 | ||||||||||||||
NET ASSETS: | |||||||||||||||||||
Beginning of period | 46,794,201 | 49,148,094 | 426,313,033 | 373,251,970 | |||||||||||||||
End of period | $ | 54,771,444 | $ | 46,794,201 | $ | 507,685,179 | $ | 426,313,033 | |||||||||||
Undistributed net investment income (accumulated net investment loss) at end of period | $ | 255,764 | $ | 387,496 | $ | (2,787,438 | ) | $ | — |
ING Global Bond Fund | ING Diversified International Fund | ||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Six Months Ended April 30, 2011 | Year Ended October 31, 2010 | Six Months Ended April 30, 2011 | Year Ended October 31, 2010 | ||||||||||||||||
FROM OPERATIONS: | |||||||||||||||||||
Net investment income | $ | 10,433,018 | $ | 18,339,354 | $ | 1,517,150 | $ | 927,344 | |||||||||||
Net realized gain (loss) | (282,665 | ) | 5,162,548 | 21,674,860 | (29,774,620 | ) | |||||||||||||
Net change in unrealized appreciation or depreciation | 89,109 | 7,134,786 | (2,962,245 | ) | 53,786,539 | ||||||||||||||
Increase in net assets resulting from operations | 10,239,462 | 30,636,688 | 20,229,765 | 24,939,263 | |||||||||||||||
FROM DISTRIBUTIONS TO SHAREHOLDERS: | |||||||||||||||||||
Net investment income: | |||||||||||||||||||
Class A | (5,130,619 | ) | (8,503,345 | ) | (950,698 | ) | (846,171 | ) | |||||||||||
Class B | (79,618 | ) | (249,779 | ) | (22,631 | ) | (896 | ) | |||||||||||
Class C | (1,997,491 | ) | (3,217,253 | ) | (99,895 | ) | — | ||||||||||||
Class I | (6,339,081 | ) | (10,213,440 | ) | (110,151 | ) | (29,093 | ) | |||||||||||
Class O | (93,501 | ) | (214,190 | ) | (34,456 | ) | (20,511 | ) | |||||||||||
Class R | — | — | (1,332 | ) | (977 | ) | |||||||||||||
Class W | (387,391 | ) | (318,477 | ) | (33,281 | ) | (29,696 | ) | |||||||||||
Net realized gains: | |||||||||||||||||||
Class A | (1,738,418 | ) | (516,361 | ) | — | — | |||||||||||||
Class B | (31,155 | ) | (18,877 | ) | — | — | |||||||||||||
Class C | (786,791 | ) | (213,755 | ) | — | — | |||||||||||||
Class I | (1,855,102 | ) | (548,181 | ) | — | — | |||||||||||||
Class O | (31,372 | ) | (14,374 | ) | — | — | |||||||||||||
Class W | (122,951 | ) | (13,604 | ) | — | — | |||||||||||||
Return of capital: | |||||||||||||||||||
Class A | — | — | — | (200,627 | ) | ||||||||||||||
Class B | — | — | — | (25,512 | ) | ||||||||||||||
Class C | — | — | — | (57,030 | ) | ||||||||||||||
Class I | — | — | — | (4,115 | ) | ||||||||||||||
Class O | — | — | — | (2,799 | ) | ||||||||||||||
Class R | — | — | — | (256 | ) | ||||||||||||||
Class W | — | — | — | (3,548 | ) | ||||||||||||||
Total distributions | (18,593,490 | ) | (24,041,636 | ) | (1,252,444 | ) | (1,221,231 | ) | |||||||||||
FROM CAPITAL SHARE TRANSACTIONS: | |||||||||||||||||||
Net proceeds from sale of shares | 121,097,341 | 383,281,955 | 9,494,546 | 30,343,239 | |||||||||||||||
Reinvestment of distributions | 15,961,659 | 20,137,963 | 1,031,590 | 996,905 | |||||||||||||||
137,059,000 | 403,419,918 | 10,526,136 | 31,340,144 | ||||||||||||||||
Cost of shares redeemed | (129,521,814 | ) | (178,206,588 | ) | (42,415,907 | ) | (91,798,664 | ) | |||||||||||
Net increase (decrease) in net assets resulting from capital share transactions | 7,537,186 | 225,213,330 | (31,889,771 | ) | (60,458,520 | ) | |||||||||||||
Net increase (decrease) in net assets | (816,842 | ) | 231,808,382 | (12,912,450 | ) | (36,740,488 | ) | ||||||||||||
NET ASSETS: | |||||||||||||||||||
Beginning of period | 526,809,826 | 295,001,444 | 192,838,237 | 229,578,725 | |||||||||||||||
End of period | $ | 525,992,984 | $ | 526,809,826 | $ | 179,925,787 | $ | 192,838,237 | |||||||||||
Undistributed net investment income at end of period | $ | 1,571,498 | $ | 5,166,181 | $ | 264,706 | $ | — |
Income (loss) from investment operations | | Less distributions | | Ratios to average net assets | Supplemental data | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net asset value, beginning of year or period | | Net investment income (loss) | | Net realized and unrealized gain (loss) | | Total from investment operations | | From net investment income | | From net realized gains | | From return of capital | | Total distributions | | Payments from Distribution settlement/ affiliate | | Redemption fees applied to capital | | Net asset value, end of year or period | | Total Return(1) | | Expenses before reductions/ additions(2) | | Expenses net of fee waivers and/or recoupments, if any(2)(3) | | Expenses net of all reductions/ additions(2)(3) | | Net investment income (loss)(2)(3) | | Net assets, end of year or period | | Portfolio turnover rate | |||||||||||||||||||||||||||||||||||||||||
Year or period ended | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | (%) | | (%) | | (%) | | (%) | | (%) | | ($000’s) | | (%) | |||||||||||||||||||||||||||||||||||||||
ING Global Equity Dividend Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 10.31 | 0.11 | 1.00 | 1.11 | 0.08 | — | — | 0.08 | — | — | 11.34 | 10.79 | 1.40 | 1.40 | 1.40 | 2.02 | 41,704 | 36 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 9.41 | 0.26 | • | 0.89 | 1.15 | 0.25 | — | — | 0.25 | — | — | 10.31 | 12.46 | 1.38 | 1.40 | 1.40 | 2.65 | 42,502 | 58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 8.77 | 0.26 | • | 0.62 | 0.88 | 0.22 | — | 0.02 | 0.24 | — | — | 9.41 | 10.41 | 1.54 | 1.40 | 1.40 | 3.24 | 46,871 | 93 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 16.84 | 0.56 | (6.84 | ) | (6.28 | ) | 0.54 | 1.20 | 0.05 | 1.79 | — | — | 8.77 | (40.84 | ) | 1.42 | 1.41 | 1.41 | 3.85 | 63,134 | 46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 15.76 | 0.54 | • | 1.84 | 2.38 | 0.55 | 0.75 | — | 1.30 | — | — | 16.84 | 15.80 | 1.26 | 1.26 | 1.26 | 3.31 | 182,669 | 36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-06 | 13.07 | 0.54 | 2.85 | 3.39 | 0.51 | 0.19 | — | 0.70 | — | — | 15.76 | 26.56 | 1.27 | 1.33 | 1.33 | 3.76 | 108,911 | 50 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 10.28 | 0.07 | 1.00 | 1.07 | 0.04 | — | — | 0.04 | — | — | 11.31 | 10.40 | 2.15 | 2.15 | 2.15 | 1.27 | 8,884 | 36 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 9.38 | 0.19 | • | 0.88 | 1.07 | 0.17 | — | — | 0.17 | — | — | 10.28 | 11.62 | 2.13 | 2.15 | 2.15 | 1.91 | 11,212 | 58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 8.74 | 0.21 | 0.61 | 0.82 | 0.16 | — | 0.02 | 0.18 | — | — | 9.38 | 9.60 | 2.29 | 2.15 | 2.15 | 2.48 | 16,147 | 93 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 16.79 | 0.46 | (6.82 | ) | (6.36 | ) | 0.44 | 1.20 | 0.05 | 1.69 | — | — | 8.74 | (41.32 | ) | 2.17 | 2.16 | 2.16 | 3.11 | 21,311 | 46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 15.72 | 0.39 | 1.86 | 2.25 | 0.43 | 0.75 | — | 1.18 | — | — | 16.79 | 14.94 | 2.01 | 2.01 | 2.01 | 2.53 | 58,093 | 36 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-06 | 13.05 | 0.43 | 2.84 | 3.27 | 0.41 | 0.19 | — | 0.60 | — | — | 15.72 | 25.55 | 2.02 | 2.08 | 2.08 | 3.05 | 44,936 | 50 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 10.26 | 0.07 | 0.98 | 1.05 | 0.04 | — | — | 0.04 | — | — | 11.27 | 10.25 | 2.15 | 2.15 | 2.15 | 1.28 | 28,386 | 36 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 9.36 | 0.19 | • | 0.89 | 1.08 | 0.18 | — | — | 0.18 | — | — | 10.26 | 11.66 | 2.13 | 2.15 | 2.15 | 1.92 | 28,635 | 58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 8.72 | 0.21 | 0.61 | 0.82 | 0.16 | — | 0.02 | 0.18 | — | — | 9.36 | 9.63 | 2.29 | 2.15 | 2.15 | 2.48 | 37,687 | 93 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 16.75 | 0.44 | (6.78 | ) | (6.34 | ) | 0.44 | 1.20 | 0.05 | 1.69 | — | — | 8.72 | (41.29 | ) | 2.17 | 2.16 | 2.16 | 3.13 | 48,567 | 46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 15.69 | 0.39 | 1.86 | 2.25 | 0.44 | 0.75 | — | 1.19 | — | — | 16.75 | 14.94 | 2.01 | 2.01 | 2.01 | 2.54 | 124,765 | 36 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-06 | 13.02 | 0.43 | 2.84 | 3.27 | 0.41 | 0.19 | — | 0.60 | — | — | 15.69 | 25.62 | 2.02 | 2.08 | 2.08 | 3.03 | 77,426 | 50 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 10.32 | 0.13 | 1.00 | 1.13 | 0.10 | — | — | 0.10 | — | — | 11.35 | 11.00 | 1.00 | 1.00 | 1.00 | 2.43 | 14,273 | 36 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 9.42 | 0.27 | • | 0.92 | 1.19 | 0.29 | — | — | 0.29 | — | — | 10.32 | 12.90 | 0.99 | 1.01 | 1.01 | 2.80 | 12,390 | 58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 8.78 | 0.29 | • | 0.63 | 0.92 | 0.26 | — | 0.02 | 0.28 | — | — | 9.42 | 10.92 | 1.07 | 0.93 | 0.93 | 3.61 | 1,824 | 93 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 16.83 | 0.47 | (6.68 | ) | (6.21 | ) | 0.59 | 1.20 | 0.05 | 1.84 | — | — | 8.78 | (40.49 | ) | 1.07 | 1.06 | 1.06 | 3.16 | 1,207 | 46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
08-01-07(4)–10-31-07 | 15.81 | 0.12 | • | 1.03 | 1.15 | 0.13 | — | — | 0.13 | — | — | 16.83 | 7.26 | 0.90 | 0.90 | 0.90 | 2.98 | 1 | 36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class O | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 10.29 | 0.11 | 1.00 | 1.11 | 0.08 | — | — | 0.08 | — | — | 11.32 | 10.82 | 1.40 | 1.40 | 1.40 | 2.02 | 15,361 | 36 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 9.40 | 0.26 | • | 0.89 | 1.15 | 0.26 | — | — | 0.26 | — | — | 10.29 | 12.41 | 1.38 | 1.40 | 1.40 | 2.65 | 14,721 | 58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 8.76 | 0.26 | • | 0.62 | 0.88 | 0.22 | — | 0.02 | 0.24 | — | — | 9.40 | 10.41 | 1.54 | 1.40 | 1.40 | 3.18 | 14,920 | 93 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 16.83 | 0.51 | • | (6.78 | ) | (6.27 | ) | 0.55 | 1.20 | 0.05 | 1.80 | — | — | 8.76 | (40.83 | ) | 1.42 | 1.41 | 1.41 | 3.95 | 14,695 | 46 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
11-15-06(4)–10-31-07 | 15.86 | 0.55 | • | 1.74 | 2.29 | 0.57 | 0.75 | — | 1.32 | — | — | 16.83 | 15.12 | 1.26 | 1.26 | 1.26 | 3.46 | 23,737 | 36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class W | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 11.26 | 0.10 | • | 1.12 | 1.22 | 0.07 | — | — | 0.07 | — | — | 12.41 | 10.89 | 1.15 | 1.15 | 1.15 | 1.81 | 2,470 | 36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 10.25 | 0.31 | • | 0.98 | 1.29 | 0.28 | — | — | 0.28 | — | — | 11.26 | 12.79 | 1.13 | 1.15 | 1.15 | 2.87 | 37,819 | 58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 9.53 | 0.26 | • | 0.74 | 1.00 | 0.26 | — | 0.02 | 0.28 | — | — | 10.25 | 10.92 | 1.07 | 0.93 | 0.93 | 2.68 | 21,321 | 93 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
02-12-08(4)–10-31-08 | 14.51 | 0.35 | (4.83 | ) | (4.48 | ) | 0.46 | — | 0.04 | 0.50 | — | — | 9.53 | (31.78 | ) | 1.07 | 1.06 | 1.06 | 3.38 | 70 | 46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
ING Global Natural Resources Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 8.81 | (0.01 | ) | 2.51 | 2.50 | — | — | — | — | — | — | 11.31 | 28.43 | 1.45 | 1.45 | † | 1.45 | † | (0.26 | )† | 136,373 | 16 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 7.82 | 0.01 | 1.00 | 1.01 | 0.02 | — | — | 0.02 | — | — | 8.81 | 12.99 | 1.53 | 1.53 | † | 1.53 | † | 0.11 | † | 101,577 | 57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 6.74 | 0.03 | 1.50 | 1.53 | 0.02 | 0.43 | — | 0.45 | — | — | 7.82 | 24.38 | 1.64 | 1.64 | † | 1.64 | † | 0.45 | † | 99,674 | 81 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 14.18 | 0.05 | (4.92 | ) | (4.87 | ) | 0.11 | 2.46 | — | 2.57 | — | — | 6.74 | (41.12 | ) | 1.46 | 1.46 | † | 1.46 | † | 0.37 | † | 83,713 | 116 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 10.46 | (0.03 | ) | 4.36 | 4.33 | 0.26 | 0.35 | — | 0.61 | — | — | 14.18 | 43.22 | 1.44 | 1.44 | † | 1.44 | † | (0.28 | )† | 157,367 | 121 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-06 | 7.34 | (0.06 | ) | 3.20 | 3.14 | 0.02 | — | — | 0.02 | — | — | 10.46 | 42.76 | 1.42 | 1.42 | 1.42 | (0.61 | ) | 121,112 | 158 |
Income (loss) from investment operations | | Less distributions | | Ratios to average net assets | Supplemental data | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net asset value, beginning of year or period | | Net investment income (loss) | | Net realized and unrealized gain (loss) | | Total from investment operations | | From net investment income | | From net realized gains | | From return of capital | | Total distributions | | Payments from Distribution settlement/ affiliate | | Redemption fees applied to capital | | Net asset value, end of year or period | | Total Return(1) | | Expenses before reductions/ additions(2) | | Expenses net of fee waivers and/or recoupments, if any(2)(3) | | Expenses net of all reductions/ additions(2)(3) | | Net investment income (loss)(2)(3) | | Net assets, end of year or period | | Portfolio turnover rate | |||||||||||||||||||||||||||||||||||||||||
Year or period ended | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | (%) | | (%) | | (%) | | (%) | | (%) | | ($000’s) | | (%) | |||||||||||||||||||||||||||||||||||||||
ING Global Natural Resources Fund (continued) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 8.82 | 0.01 | 2.53 | 2.54 | 0.01 | — | — | 0.01 | — | — | 11.35 | 28.83 | 1.04 | 1.04 | † | 1.04 | † | 0.11 | † | 5,477 | 16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 7.83 | 0.04 | • | 1.01 | 1.05 | 0.06 | — | — | 0.06 | — | — | 8.82 | 13.43 | 1.11 | 1.11 | † | 1.11 | † | 0.52 | † | 2,977 | 57 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 6.75 | 0.05 | • | 1.52 | 1.57 | 0.06 | 0.43 | — | 0.49 | — | — | 7.83 | 25.10 | 1.19 | 1.19 | † | 1.19 | † | 0.68 | † | 510 | 81 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 14.19 | 0.12 | • | (4.95 | ) | (4.83 | ) | 0.15 | 2.46 | — | 2.61 | — | — | 6.75 | (40.87 | ) | 1.11 | 1.11 | † | 1.11 | † | 1.04 | † | 1 | 116 | ||||||||||||||||||||||||||||||||||||||||||||||||||
08-01-07(4)–10-31-07 | 12.07 | 0.00 | * | 2.12 | 2.12 | — | — | — | — | — | — | 14.19 | 17.56 | 1.08 | 1.08 | † | 1.08 | † | 0.09 | † | 2 | 121 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Class W | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 11.10 | (0.02 | )• | 3.20 | 3.18 | 0.01 | — | — | 0.01 | — | — | 14.27 | 28.64 | 1.20 | 1.20 | † | 1.20 | † | (0.35 | )† | 2,633 | 16 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 9.86 | 0.05 | 1.24 | 1.29 | 0.05 | — | — | 0.05 | — | — | 11.10 | 13.17 | 1.28 | 1.28 | † | 1.28 | † | 0.36 | † | 378 | 57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 8.39 | 0.05 | • | 1.91 | 1.96 | 0.06 | 0.43 | — | 0.49 | — | — | 9.86 | 24.84 | 1.19 | 1.19 | † | 1.19 | † | 0.64 | † | 186 | 81 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
02-12-08(4)–10-31-08 | 12.84 | 0.03 | • | (4.48 | ) | (4.45 | ) | — | — | — | — | — | — | 8.39 | (34.66 | ) | 1.11 | 1.11 | † | 1.11 | † | 0.38 | † | 27 | 116 | ||||||||||||||||||||||||||||||||||||||||||||||||||
ING Global Real Estate Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 16.25 | 0.09 | • | 1.54 | 1.63 | 0.40 | — | — | 0.40 | — | — | 17.48 | 10.22 | 1.29 | 1.29 | † | 1.29 | † | 1.10 | † | 1,447,084 | 20 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 14.26 | 0.23 | • | 2.55 | 2.78 | 0.79 | — | — | 0.79 | — | — | 16.25 | 20.20 | 1.39 | 1.39 | † | 1.39 | † | 1.58 | † | 1,179,941 | 53 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 12.56 | 0.32 | • | 1.75 | 2.07 | 0.27 | 0.01 | 0.09 | 0.37 | — | — | 14.26 | 17.37 | 1.49 | 1.49 | † | 1.49 | † | 2.74 | † | 893,470 | 66 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 24.19 | 0.33 | • | (11.19 | ) | (10.86 | ) | 0.73 | 0.04 | — | 0.77 | — | — | 12.56 | (46.00 | ) | 1.41 | 1.41 | † | 1.41 | † | 1.76 | † | 836,314 | 44 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 22.23 | 0.22 | • | 3.13 | 3.35 | 1.08 | 0.31 | — | 1.39 | — | — | 24.19 | 15.44 | 1.30 | 1.30 | 1.30 | 0.96 | 1,115,493 | 57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-06 | 17.14 | 0.20 | • | 6.41 | 6.61 | 0.46 | 1.06 | — | 1.52 | — | — | 22.23 | 41.09 | 1.39 | 1.39 | 1.39 | 1.04 | 467,405 | 39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 13.54 | 0.02 | • | 1.29 | 1.31 | 0.35 | — | — | 0.35 | — | — | 14.50 | 9.88 | 2.04 | 2.04 | † | 2.04 | † | 0.35 | † | 18,448 | 20 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 12.01 | 0.11 | • | 2.13 | 2.24 | 0.71 | — | — | 0.71 | — | — | 13.54 | 19.33 | 2.14 | 2.14 | † | 2.14 | † | 0.88 | † | 20,350 | 53 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 10.66 | 0.20 | • | 1.46 | 1.66 | 0.22 | 0.01 | 0.08 | 0.31 | — | — | 12.01 | 16.39 | 2.24 | 2.24 | † | 2.24 | † | 2.06 | † | 22,218 | 66 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 20.67 | 0.16 | • | (9.52 | ) | (9.36 | ) | 0.61 | 0.04 | — | 0.65 | — | — | 10.66 | (46.40 | ) | 2.16 | 2.16 | † | 2.16 | † | 0.99 | † | 23,663 | 44 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 19.20 | 0.04 | • | 2.69 | 2.73 | 0.95 | 0.31 | — | 1.26 | — | — | 20.67 | 14.59 | 2.05 | 2.05 | 2.05 | 0.22 | 57,837 | 57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-06 | 15.01 | 0.05 | • | 5.56 | 5.61 | 0.36 | 1.06 | — | 1.42 | — | — | 19.20 | 40.04 | 2.14 | 2.14 | 2.14 | 0.31 | 31,677 | 39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 14.33 | 0.03 | • | 1.35 | 1.38 | 0.35 | — | — | 0.35 | — | — | 15.36 | 9.83 | 2.04 | 2.04 | † | 2.04 | † | 0.35 | † | 235,605 | 20 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 12.67 | �� | 0.11 | • | 2.26 | 2.37 | 0.71 | — | — | 0.71 | — | — | 14.33 | 19.33 | 2.14 | 2.14 | † | 2.14 | † | 0.83 | † | 201,027 | 53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 11.22 | 0.21 | • | 1.54 | 1.75 | 0.22 | 0.01 | 0.07 | 0.30 | — | — | 12.67 | 16.40 | 2.24 | 2.24 | † | 2.24 | † | 2.03 | † | 149,943 | 66 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 21.70 | 0.16 | (9.99 | ) | (9.83 | ) | 0.61 | 0.04 | — | 0.65 | — | — | 11.22 | (46.38 | ) | 2.16 | 2.16 | † | 2.16 | † | 0.99 | † | 153,110 | 44 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 20.10 | 0.04 | • | 2.82 | 2.86 | 0.95 | 0.31 | — | 1.26 | — | — | 21.70 | 14.57 | 2.05 | 2.05 | 2.05 | 0.20 | 303,235 | 57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-06 | 15.65 | 0.05 | • | 5.82 | 5.87 | 0.36 | 1.06 | — | 1.42 | — | — | 20.10 | 40.06 | 2.14 | 2.14 | 2.14 | 0.29 | 109,197 | 39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 16.25 | 0.12 | • | 1.55 | 1.67 | 0.43 | — | — | 0.43 | — | — | 17.49 | 10.45 | 0.97 | 0.97 | † | 0.97 | † | 1.42 | † | 1,729,491 | 20 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 14.26 | 0.28 | • | 2.56 | 2.84 | 0.85 | — | — | 0.85 | — | — | 16.25 | 20.65 | 0.99 | 0.99 | † | 0.99 | † | 1.89 | † | 1,232,413 | 53 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 12.57 | 0.35 | • | 1.76 | 2.11 | 0.30 | 0.01 | 0.11 | 0.42 | — | — | 14.26 | 17.76 | 1.12 | 1.12 | † | 1.12 | † | 2.96 | † | 457,742 | 66 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 24.21 | 0.38 | • | (11.17 | ) | (10.79 | ) | 0.81 | 0.04 | — | 0.85 | — | — | 12.57 | (45.77 | ) | 1.01 | 1.01 | † | 1.01 | † | 2.12 | † | 225,881 | 44 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 22.23 | 0.28 | • | 3.16 | 3.44 | 1.15 | 0.31 | — | 1.46 | — | — | 24.21 | 15.88 | 0.95 | 0.95 | 0.95 | 1.24 | 76,869 | 57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-06 | 17.14 | 0.28 | • | 6.39 | 6.67 | 0.52 | 1.06 | — | 1.58 | — | — | 22.23 | 41.49 | 1.06 | 1.06 | 1.06 | 1.40 | 11,226 | 39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class O | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 16.25 | 0.09 | • | 1.54 | 1.63 | 0.40 | — | — | 0.40 | — | — | 17.48 | 10.21 | 1.29 | 1.29 | † | 1.29 | † | 1.10 | † | 15,367 | 20 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 14.26 | 0.24 | • | 2.54 | 2.78 | 0.79 | — | — | 0.79 | — | — | 16.25 | 20.19 | 1.39 | 1.39 | † | 1.39 | † | 1.61 | † | 14,861 | 53 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 12.55 | 0.32 | • | 1.76 | 2.08 | 0.27 | 0.01 | 0.09 | 0.37 | — | — | 14.26 | 17.38 | 1.49 | 1.49 | † | 1.49 | † | 2.76 | † | 13,575 | 66 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 24.19 | 0.33 | • | (11.19 | ) | (10.86 | ) | 0.74 | 0.04 | — | 0.78 | — | — | 12.55 | (46.03 | ) | 1.41 | 1.41 | † | 1.41 | † | 1.74 | † | 12,758 | 44 | ||||||||||||||||||||||||||||||||||||||||||||||||||
11-15-06(4)–10-31-07 | 22.20 | 0.20 | • | 3.20 | 3.40 | 1.10 | 0.31 | — | 1.41 | — | — | 24.19 | 15.68 | 1.30 | 1.30 | 1.30 | 0.90 | 26,137 | 57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class W | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 16.28 | 0.11 | • | 1.55 | 1.66 | 0.42 | — | — | 0.42 | — | — | 17.52 | 10.40 | 1.04 | 1.04 | † | 1.04 | † | 1.35 | † | 351,099 | 20 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 14.28 | 0.27 | • | 2.56 | 2.83 | 0.83 | — | — | 0.83 | — | — | 16.28 | 20.52 | 1.14 | 1.14 | † | 1.14 | † | 1.81 | † | 248,192 | 53 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 12.59 | 0.34 | • | 1.78 | 2.12 | 0.31 | 0.01 | 0.11 | 0.43 | — | — | 14.28 | 17.78 | 1.12 | 1.12 | † | 1.12 | † | 2.88 | † | 151,558 | 66 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
02-12-08(4)–10-31-08 | 19.29 | 0.28 | (6.65 | ) | (6.37 | ) | 0.33 | — | — | 0.33 | — | — | 12.59 | (33.53 | ) | 1.01 | 1.01 | † | 1.01 | † | 1.95 | † | 50,233 | 44 |
Income (loss) from investment operations | | Less distributions | | Ratios to average net assets | Supplemental data | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net asset value, beginning of year or period | | Net investment income (loss) | | Net realized and unrealized gain (loss) | | Total from investment operations | | From net investment income | | From net realized gains | | From return of capital | | Total distributions | | Payments from Distribution settlement/ affiliate | | Redemption fees applied to capital | | Net asset value, end of year or period | | Total Return(1) | | Expenses before reductions/ additions(2) | | Expenses net of fee waivers and/or recoupments, if any(2)(3) | | Expenses net of all reductions/ additions(2)(3) | | Net investment income (loss)(2)(3) | | Net assets, end of year or period | | Portfolio turnover rate | |||||||||||||||||||||||||||||||||||||||||
Year or period ended | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | (%) | | (%) | | (%) | | (%) | | (%) | | ($000’s) | | (%) | |||||||||||||||||||||||||||||||||||||||
ING Global Value Choice Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 31.83 | 0.04 | • | 4.11 | 4.15 | 0.47 | — | — | 0.47 | — | — | 35.51 | 13.15 | 1.41 | 1.41 | † | 1.40 | † | 0.26 | † | 284,336 | 37 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 26.25 | 0.10 | 5.61 | 5.71 | 0.17 | — | — | 0.17 | 0.04 | — | 31.83 | 21.97 | (b) | 1.50 | 1.49 | 1.48 | 0.44 | 200,835 | 49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 16.84 | 0.12 | • | 9.29 | 9.41 | — | — | — | — | — | — | 26.25 | 55.88 | 1.58 | 1.50 | † | 1.49 | † | 0.56 | † | 107,499 | 81 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 28.40 | 0.11 | (11.51 | ) | (11.40 | ) | 0.16 | — | — | 0.16 | — | — | 16.84 | (40.34 | ) | 1.62 | 1.55 | † | 1.53 | † | 0.41 | † | 38,258 | 73 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 21.72 | 0.01 | 6.67 | 6.68 | — | — | — | — | — | — | 28.40 | 30.76 | 1.77 | 1.82 | 1.81 | 0.04 | 58,600 | 66 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-06 | 18.16 | 0.08 | 3.62 | 3.70 | 0.14 | — | — | 0.14 | — | — | 21.72 | 20.48 | 1.78 | 1.78 | 1.77 | 0.40 | 47,305 | 77 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 33.82 | (0.10 | )• | 4.39 | 4.29 | 0.20 | — | — | 0.20 | — | — | 37.91 | 12.73 | 2.16 | 2.16 | † | 2.15 | † | (0.54 | )† | 7,305 | 37 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 28.00 | (0.11 | ) | 5.96 | 5.85 | 0.07 | — | — | 0.07 | 0.04 | — | 33.82 | 21.07 | (b) | 2.25 | 2.24 | 2.23 | (0.34 | ) | 7,557 | 49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 18.10 | (0.05 | ) | 9.95 | 9.90 | — | — | — | — | — | — | 28.00 | 54.70 | 2.33 | 2.25 | † | 2.24 | † | (0.19 | )† | 7,105 | 81 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 30.58 | (0.11 | )• | (12.37 | ) | (12.48 | ) | — | — | — | — | — | — | 18.10 | (40.81 | ) | 2.37 | 2.30 | † | 2.28 | † | (0.39 | )† | 6,722 | 73 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 23.54 | (0.17 | )• | 7.21 | 7.04 | — | — | — | — | — | — | 30.58 | 29.91 | 2.42 | 2.47 | 2.46 | (0.62 | ) | 22,049 | 66 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-06 | 19.67 | (0.04 | ) | 3.91 | 3.87 | — | — | — | — | — | — | 23.54 | 19.67 | 2.43 | 2.43 | 2.42 | (0.25 | ) | 21,364 | 77 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 30.03 | (0.08 | )• | 3.88 | 3.80 | 0.35 | — | — | 0.35 | — | — | 33.48 | 12.74 | 2.16 | 2.16 | † | 2.15 | † | (0.49 | )† | 151,224 | 37 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 24.88 | (0.09 | )• | 5.28 | 5.19 | 0.08 | — | — | 0.08 | 0.04 | — | 30.03 | 21.04 | (b) | 2.25 | 2.24 | 2.23 | (0.33 | ) | 103,709 | 49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 16.08 | (0.05 | ) | 8.85 | 8.80 | — | — | — | — | — | — | 24.88 | 54.73 | 2.33 | 2.25 | † | 2.24 | † | (0.30 | )† | 48,308 | 81 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 27.18 | (0.09 | ) | (10.99 | ) | (11.08 | ) | 0.02 | — | — | 0.02 | — | — | 16.08 | (40.79 | ) | 2.37 | 2.30 | † | 2.28 | † | (0.36 | )† | 21,045 | 73 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 20.93 | (0.14 | )• | 6.39 | 6.25 | — | — | — | — | — | — | 27.18 | 29.86 | 2.42 | 2.47 | 2.46 | (0.60 | ) | 39,537 | 66 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-06 | 17.50 | (0.05 | ) | 3.50 | 3.45 | 0.02 | — | — | 0.02 | — | — | 20.93 | 19.73 | 2.43 | 2.43 | 2.42 | (0.26 | ) | 31,612 | 77 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 32.14 | 0.11 | • | 4.13 | 4.24 | 0.55 | — | — | 0.55 | — | — | 35.83 | 13.32 | 1.06 | 1.06 | † | 1.05 | † | 0.63 | † | 245,590 | 37 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 26.46 | 0.25 | • | 5.63 | 5.88 | 0.24 | — | — | 0.24 | 0.04 | — | 32.14 | 22.49 | (b) | 1.12 | 1.11 | 1.10 | 0.84 | 152,120 | 49 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 16.92 | 0.18 | • | 9.36 | 9.54 | — | — | — | — | — | — | 26.46 | 56.38 | 1.18 | 1.17 | † | 1.16 | † | 0.82 | † | 10,388 | 81 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 28.57 | 0.22 | (11.59 | ) | (11.37 | ) | 0.28 | — | — | 0.28 | — | — | 16.92 | (40.13 | ) | 1.22 | 1.22 | † | 1.20 | † | 0.76 | † | 5,794 | 73 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 21.73 | 0.15 | 6.69 | 6.84 | — | — | — | — | — | — | 28.57 | 31.48 | 1.25 | 1.30 | 1.29 | 0.67 | 7,845 | 66 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
09-06-06(4)–10-31-06 | 21.31 | (0.11 | ) | 0.53 | 0.42 | — | — | — | — | — | — | 21.73 | 1.97 | 1.27 | 1.26 | 1.26 | (0.69 | ) | 3,010 | 77 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class W | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 32.07 | 0.09 | • | 4.14 | 4.23 | 0.54 | — | — | 0.54 | — | — | 35.76 | 13.30 | 1.16 | 1.16 | † | 1.15 | † | 0.53 | † | 50,800 | 37 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 26.46 | 0.21 | • | 5.60 | 5.81 | 0.24 | — | — | 0.24 | 0.04 | — | 32.07 | 22.23 | (b) | 1.25 | 1.24 | 1.23 | 0.73 | 30,105 | 49 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
06-01-09(4)–10-31-09 | 24.24 | (0.08 | )• | 2.30 | 2.22 | — | — | — | — | — | — | 26.46 | 9.16 | 1.18 | 1.17 | † | 1.16 | † | (0.79 | )† | 250 | 81 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
ING Emerging Countries Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 28.88 | (0.05 | ) | 1.85 | 1.80 | — | — | — | — | — | — | 30.68 | 6.23 | 1.94 | 1.77 | 1.77 | (0.33 | ) | 82,239 | 53 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 23.64 | (0.07 | ) | 5.31 | 5.24 | — | — | — | — | — | — | 28.88 | 22.17 | 2.15 | 1.91 | 1.91 | (0.25 | ) | 86,497 | 98 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 16.04 | 0.05 | • | 7.82 | 7.87 | 0.50 | — | — | 0.50 | 0.23 | — | 23.64 | 52.02 | (e) | 2.28 | 2.04 | 2.04 | 0.29 | 77,556 | 148 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 41.48 | 0.71 | (24.59 | ) | (23.88 | ) | 0.45 | 1.11 | — | 1.56 | — | — | 16.04 | (59.64 | ) | 2.10 | 1.96 | 1.94 | 1.86 | 60,207 | 177 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 29.62 | 0.47 | 11.82 | 12.29 | 0.43 | — | — | 0.43 | — | — | 41.48 | 41.93 | 1.99 | 1.89 | 1.86 | 1.42 | 197,307 | 51 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-06 | 23.60 | 0.48 | 5.68 | 6.16 | — | 0.14 | — | 0.14 | — | — | 29.62 | 26.19 | 2.02 | 1.92 | 1.91 | 1.80 | 123,219 | 35 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 28.43 | (0.16 | )• | 1.82 | 1.66 | — | — | — | — | — | — | 30.09 | 5.84 | 2.59 | 2.52 | 2.52 | (1.13 | ) | 3,023 | 53 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 23.45 | (0.26 | )• | 5.24 | 4.98 | — | — | — | — | — | — | 28.43 | 21.24 | 2.80 | 2.66 | 2.66 | (1.03 | ) | 3,901 | 98 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 15.73 | (0.08 | )• | 7.74 | 7.66 | 0.17 | — | — | 0.17 | 0.23 | — | 23.45 | 50.68 | (e) | 2.93 | 2.79 | 2.79 | (0.44 | ) | 4,973 | 148 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 40.67 | 0.36 | • | (24.05 | ) | (23.69 | ) | 0.14 | 1.11 | — | 1.25 | — | — | 15.73 | (59.94 | ) | 2.75 | 2.71 | 2.69 | 1.10 | 4,312 | 177 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 29.04 | 0.24 | • | 11.57 | 11.81 | 0.18 | — | — | 0.18 | — | — | 40.67 | 40.85 | 2.64 | 2.64 | 2.61 | 0.67 | 16,648 | 51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-06 | 23.17 | 0.28 | • | 5.59 | 5.87 | — | — | — | — | — | — | 29.04 | 25.33 | 2.67 | 2.67 | 2.66 | 1.06 | 13,575 | 35 |
Income (loss) from investment operations | | Less distributions | | Ratios to average net assets | Supplemental data | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net asset value, beginning of year or period | | Net investment income (loss) | | Net realized and unrealized gain (loss) | | Total from investment operations | | From net investment income | | From net realized gains | | From return of capital | | Total distributions | | Payments from Distribution settlement/ affiliate | | Redemption fees applied to capital | | Net asset value, end of year or period | | Total Return(1) | | Expenses before reductions/ additions(2) | | Expenses net of fee waivers and/or recoupments, if any(2)(3) | | Expenses net of all reductions/ additions(2)(3) | | Net investment income (loss)(2)(3) | | Net assets, end of year or period | | Portfolio turnover rate | |||||||||||||||||||||||||||||||||||||||||
Year or period ended | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | (%) | | (%) | | (%) | | (%) | | (%) | | ($000’s) | | (%) | |||||||||||||||||||||||||||||||||||||||
ING Emerging Countries Fund (continued) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 26.69 | (0.15 | )• | 1.71 | 1.56 | — | — | — | — | — | — | 28.25 | 5.84 | 2.59 | 2.52 | 2.52 | (1.09 | ) | 14,596 | 53 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 22.01 | (0.24 | )• | 4.92 | 4.68 | — | — | — | — | — | — | 26.69 | 21.26 | 2.80 | 2.66 | 2.66 | (1.00 | ) | 15,873 | 98 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 14.82 | (0.07 | )• | 7.26 | 7.19 | 0.22 | — | — | 0.22 | 0.22 | — | 22.01 | 50.69 | (e) | 2.93 | 2.79 | 2.79 | (0.42 | ) | 16,868 | 148 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 38.45 | 0.34 | • | (22.65 | ) | (22.31 | ) | 0.21 | 1.11 | — | 1.32 | — | — | 14.82 | (59.92 | ) | 2.75 | 2.71 | 2.69 | 1.11 | 14,586 | 177 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 27.53 | 0.20 | 10.97 | 11.17 | 0.25 | — | — | 0.25 | — | — | 38.45 | 40.82 | 2.64 | 2.64 | 2.61 | 0.65 | 53,885 | 51 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-06 | 22.04 | 0.25 | 5.31 | 5.56 | 0.07 | — | — | 0.07 | — | — | 27.53 | 25.29 | 2.67 | 2.67 | 2.66 | 1.12 | 35,847 | 35 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 29.03 | 0.01 | 1.86 | 1.87 | 0.04 | — | — | 0.04 | — | — | 30.86 | 6.46 | 1.45 | 1.38 | 1.38 | 0.09 | 69,847 | 53 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 23.66 | 0.06 | 5.31 | 5.37 | — | — | — | — | — | — | 29.03 | 22.70 | 1.61 | 1.47 | 1.47 | 0.28 | 72,072 | 98 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 16.11 | 0.13 | • | 7.82 | 7.95 | 0.63 | — | — | 0.63 | 0.23 | — | 23.66 | 52.74 | (e) | 1.74 | 1.60 | 1.60 | 0.71 | 30,758 | 148 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 41.63 | 0.56 | • | (24.40 | ) | (23.84 | ) | 0.57 | 1.11 | — | 1.68 | — | — | 16.11 | (59.48 | ) | 1.67 | 1.63 | 1.61 | 1.79 | 18,429 | 177 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 29.72 | 0.55 | 11.90 | 12.45 | 0.54 | — | — | 0.54 | — | — | 41.63 | 42.41 | 1.56 | 1.56 | 1.53 | 1.71 | 41,551 | 51 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
12-21-05(4)–10-31-06 | 25.52 | 0.65 | • | 3.55 | 4.20 | — | — | — | — | — | — | 29.72 | 16.46 | 1.55 | 1.55 | 1.54 | 2.73 | 23,456 | 35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class W | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 30.36 | (0.03 | ) | 1.95 | 1.92 | 0.03 | — | — | 0.03 | — | — | 32.25 | 6.33 | 1.59 | 1.52 | 1.52 | (0.11 | ) | 5,623 | 53 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 24.77 | (0.07 | ) | 5.66 | 5.59 | — | — | — | — | — | — | 30.36 | 22.57 | 1.80 | 1.66 | 1.66 | (0.33 | ) | 6,398 | 98 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 16.85 | 0.01 | • | 8.31 | 8.32 | 0.64 | — | — | 0.64 | 0.24 | — | 24.77 | 52.70 | (e) | 1.74 | 1.60 | 1.60 | 0.04 | 93 | 148 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
02-12-08(4)–10-31-08 | 36.18 | 0.54 | • | (19.86 | ) | (19.32 | ) | — | 0.01 | — | 0.01 | — | — | 16.85 | (53.42 | ) | 1.67 | 1.63 | 1.61 | 2.48 | 36 | 177 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
ING Global Opportunities Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 14.07 | (0.00 | )* | 1.73 | 1.73 | 0.32 | — | — | 0.32 | — | — | 15.48 | 12.54 | 1.86 | 1.51 | 1.51 | (0.14 | ) | 46,852 | 38 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 12.85 | 0.05 | • | 1.17 | 1.22 | — | — | — | — | — | — | 14.07 | 9.49 | 1.84 | 1.63 | 1.63 | 0.39 | 55,541 | 156 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 11.68 | 0.12 | • | 1.50 | 1.62 | 0.45 | — | — | 0.45 | — | — | 12.85 | 14.38 | 1.78 | 1.70 | † | 1.70 | † | 1.13 | † | 93,829 | 176 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 23.54 | 0.18 | ��� | (10.65 | ) | (10.47 | ) | — | 1.39 | — | 1.39 | — | — | 11.68 | (47.01 | ) | 1.61 | 1.60 | † | 1.60 | † | 0.93 | † | 151,246 | 116 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 18.56 | 0.10 | 5.56 | 5.66 | — | 0.68 | — | 0.68 | — | — | 23.54 | 31.32 | 1.54 | 1.54 | 1.54 | 0.59 | 349,917 | 69 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-06 | 14.79 | 0.08 | • | 4.05 | 4.13 | — | 0.36 | — | 0.36 | — | — | 18.56 | 28.39 | 1.58 | 1.65 | 1.65 | 0.49 | 219,819 | 65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 13.44 | (0.06 | )• | 1.66 | 1.60 | 0.19 | — | — | 0.19 | — | — | 14.85 | 12.04 | 2.61 | 2.26 | 2.26 | (0.89 | ) | 7,536 | 38 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 12.36 | (0.04 | ) | 1.12 | 1.08 | — | — | — | — | — | — | 13.44 | 8.74 | 2.59 | 2.38 | 2.38 | (0.35 | ) | 9,094 | 156 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 11.19 | 0.04 | • | 1.43 | 1.47 | 0.30 | — | — | 0.30 | — | �� | 12.36 | 13.42 | 2.53 | 2.45 | † | 2.45 | † | 0.38 | † | 14,077 | 176 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 22.78 | 0.02 | • | (10.22 | ) | (10.20 | ) | — | 1.39 | — | 1.39 | — | — | 11.19 | (47.42 | ) | 2.36 | 2.35 | † | 2.35 | † | 0.11 | † | 18,831 | 116 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 18.11 | (0.03 | ) | 5.38 | 5.35 | — | 0.68 | — | 0.68 | — | — | 22.78 | 30.35 | 2.29 | 2.29 | 2.29 | (0.16 | ) | 50,276 | 69 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-06 | 14.55 | (0.04 | )• | 3.96 | 3.92 | — | 0.36 | — | 0.36 | — | — | 18.11 | 27.40 | 2.33 | 2.40 | 2.40 | (0.24 | ) | 38,136 | 65 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 13.44 | (0.06 | )• | 1.66 | 1.60 | 0.19 | — | — | 0.19 | — | — | 14.85 | 12.05 | 2.61 | 2.26 | 2.26 | (0.89 | ) | 38,350 | 38 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 12.36 | (0.04 | ) | 1.12 | 1.08 | — | — | — | — | — | — | 13.44 | 8.74 | 2.59 | 2.38 | 2.38 | (0.35 | ) | 49,256 | 156 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 11.21 | 0.04 | • | 1.43 | 1.47 | 0.32 | — | — | 0.32 | — | — | 12.36 | 13.43 | 2.53 | 2.45 | † | 2.45 | † | 0.38 | † | 76,677 | 176 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 22.81 | 0.03 | • | (10.24 | ) | (10.21 | ) | — | 1.39 | — | 1.39 | — | — | 11.21 | (47.40 | ) | 2.36 | 2.35 | † | 2.35 | † | 0.14 | † | 102,274 | 116 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 18.14 | (0.03 | ) | 5.38 | 5.35 | — | 0.68 | — | 0.68 | — | — | 22.81 | 30.30 | 2.29 | 2.29 | 2.29 | (0.14 | ) | 232,439 | 69 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-06 | 14.57 | (0.04 | )• | 3.97 | 3.93 | — | 0.36 | — | 0.36 | — | — | 18.14 | 27.43 | 2.33 | 2.40 | 2.40 | (0.26 | ) | 154,101 | 65 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 14.38 | 0.02 | • | 1.78 | 1.80 | 0.39 | — | — | 0.39 | — | — | 15.79 | 12.81 | 1.49 | 1.06 | 1.06 | 0.31 | 7,599 | 38 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 13.08 | 0.13 | • | 1.17 | �� | 1.30 | — | — | — | — | — | — | 14.38 | 9.94 | 1.38 | 1.31 | 1.31 | 0.94 | 9,467 | 156 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 11.92 | 0.16 | • | 1.54 | 1.70 | 0.54 | — | — | 0.54 | — | — | 13.08 | 14.82 | 1.33 | 1.31 | † | 1.31 | † | 1.44 | † | 65,256 | 176 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 23.91 | 0.24 | • | (10.84 | ) | (10.60 | ) | — | 1.39 | — | 1.39 | — | — | 11.92 | (46.82 | ) | 1.28 | 1.27 | † | 1.27 | † | 1.26 | † | 68,020 | 116 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 18.78 | 0.16 | 5.65 | 5.81 | — | 0.68 | — | 0.68 | — | — | 23.91 | 31.76 | 1.21 | 1.21 | 1.21 | 0.94 | 108,732 | 69 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-06 | 14.93 | 0.13 | • | 4.08 | 4.21 | — | 0.36 | — | 0.36 | — | — | 18.78 | 28.67 | 1.28 | 1.35 | 1.34 | 0.78 | 61,248 | 65 |
Income (loss) from investment operations | | Less distributions | | Ratios to average net assets | Supplemental data | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net asset value, beginning of year or period | | Net investment income (loss) | | Net realized and unrealized gain (loss) | | Total from investment operations | | From net investment income | | From net realized gains | | From return of capital | | Total distributions | | Payments from Distribution settlement/ affiliate | | Redemption fees applied to capital | | Net asset value, end of year or period | | Total Return(1) | | Expenses before reductions/ additions(2) | | Expenses net of fee waivers and/or recoupments, if any(2)(3) | | Expenses net of all reductions/ additions(2)(3) | | Net investment income (loss)(2)(3) | | Net assets, end of year or period | | Portfolio turnover rate | |||||||||||||||||||||||||||||||||||||||||
Year or period ended | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | (%) | | (%) | | (%) | | (%) | | (%) | | ($000’s) | | (%) | |||||||||||||||||||||||||||||||||||||||
ING Global Opportunities Fund (continued) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class W | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 15.36 | 0.00 | •, * | 1.88 | 1.88 | 0.30 | — | — | 0.30 | — | — | 16.94 | 12.45 | 1.61 | 1.26 | 1.26 | 0.06 | 166 | 38 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 13.98 | 0.10 | • | 1.28 | 1.38 | — | — | — | — | — | — | 15.36 | 9.87 | 1.59 | 1.38 | 1.38 | 0.68 | 1,486 | 156 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 12.71 | 0.18 | • | 1.63 | 1.81 | 0.54 | — | — | 0.54 | — | — | 13.98 | 14.79 | 1.33 | 1.31 | † | 1.31 | † | 1.47 | † | 566 | 176 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
02-12-08(4)–10-31-08 | 20.48 | 0.27 | • | (8.04 | ) | (7.77 | ) | — | — | — | — | — | — | 12.71 | (37.94 | ) | 1.28 | 1.27 | † | 1.27 | † | 2.03 | † | 296 | 116 | ||||||||||||||||||||||||||||||||||||||||||||||||||
ING Greater China Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 16.40 | (0.12 | ) | 1.00 | 0.88 | 0.18 | — | — | 0.18 | — | — | 17.10 | 5.40 | 2.02 | 2.02 | 2.02 | (1.34 | ) | 28,614 | 58 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 14.28 | 0.04 | • | 2.29 | 2.33 | 0.21 | — | — | 0.21 | — | — | 16.40 | 16.49 | 2.11 | 2.10 | 2.10 | 0.27 | 29,947 | 90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 9.24 | 0.07 | • | 5.78 | 5.85 | 0.21 | 0.60 | — | 0.81 | — | — | 14.28 | 67.10 | 2.29 | 2.11 | 2.11 | 0.58 | 32,860 | 134 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 24.43 | 0.05 | • | (13.12 | ) | (13.07 | ) | 0.06 | 2.06 | — | 2.12 | — | — | 9.24 | (57.63 | ) | 1.96 | 1.96 | 1.96 | 0.32 | 20,481 | 159 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 12.49 | 0.07 | 11.93 | 12.00 | 0.06 | 0.00 | * | — | 0.06 | — | — | 24.43 | 96.41 | 1.91 | 1.91 | 1.91 | 0.54 | 73,804 | 109 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
12-21-05(4)–10-31-06 | 10.00 | 0.06 | 2.43 | 2.49 | — | — | — | — | — | — | 12.49 | 24.90 | 2.64 | 2.64 | 2.64 | 0.75 | 23,709 | 108 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 16.18 | (0.17 | ) | 0.97 | 0.80 | 0.07 | — | — | 0.07 | — | — | 16.91 | 4.99 | 2.77 | 2.77 | 2.77 | (2.09 | ) | 2,529 | 58 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 14.11 | (0.07 | )• | 2.26 | 2.19 | 0.12 | — | — | 0.12 | — | — | 16.18 | 15.61 | 2.86 | 2.85 | 2.85 | (0.45 | ) | 2,772 | 90 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 9.08 | (0.03 | )• | 5.72 | 5.69 | 0.06 | 0.60 | — | 0.66 | — | — | 14.11 | 65.73 | 3.04 | 2.86 | 2.86 | (0.29 | ) | 3,246 | 134 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 24.14 | (0.05 | ) | (12.95 | ) | (13.00 | ) | — | 2.06 | — | 2.06 | — | — | 9.08 | (57.95 | ) | 2.71 | 2.71 | 2.71 | (0.33 | ) | 1,901 | 159 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 12.42 | (0.03 | )• | 11.79 | 11.76 | 0.04 | 0.00 | * | — | 0.04 | — | — | 24.14 | 94.92 | 2.66 | 2.66 | 2.66 | (0.19 | ) | 7,414 | 109 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
01-06-06(4)–10-31-06 | 10.60 | 0.05 | • | 1.77 | 1.82 | — | — | — | — | — | — | 12.42 | 17.17 | 3.39 | 3.39 | 3.39 | 0.47 | 1,957 | 108 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 16.19 | (0.17 | ) | 0.98 | 0.81 | 0.08 | — | — | 0.08 | — | — | 16.92 | 5.03 | 2.77 | 2.77 | 2.77 | (2.07 | ) | 6,073 | 58 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 14.15 | (0.08 | )• | 2.28 | 2.20 | 0.16 | — | — | 0.16 | — | — | 16.19 | 15.64 | 2.86 | 2.85 | 2.85 | (0.53 | ) | 5,772 | 90 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 9.09 | (0.02 | )• | 5.73 | 5.71 | 0.05 | 0.60 | — | 0.65 | — | — | 14.15 | 65.77 | 3.04 | 2.86 | 2.86 | (0.15 | ) | 6,182 | 134 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 24.16 | (0.09 | )• | (12.92 | ) | (13.01 | ) | — | 2.06 | — | 2.06 | — | — | 9.09 | (57.94 | ) | 2.71 | 2.71 | 2.71 | (0.52 | ) | 2,694 | 159 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 12.43 | (0.03 | )• | 11.79 | 11.76 | 0.03 | 0.00 | * | — | 0.03 | — | — | 24.16 | 94.75 | 2.66 | 2.66 | 2.66 | (0.20 | ) | 12,386 | 109 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
01-11-06(4)–10-31-06 | 10.67 | 0.05 | • | 1.71 | 1.76 | — | — | — | — | — | — | 12.43 | 16.49 | 3.39 | 3.39 | 3.39 | 0.53 | 2,124 | 108 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 16.44 | (0.09 | )• | 0.98 | 0.89 | 0.23 | — | — | 0.23 | — | — | 17.10 | 5.50 | 1.77 | 1.77 | 1.77 | (1.10 | ) | 2,078 | 58 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 14.31 | 0.17 | • | 2.23 | 2.40 | 0.27 | — | — | 0.27 | — | — | 16.44 | 16.97 | 1.72 | 1.71 | 1.71 | 1.15 | 2,212 | 90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 9.28 | 0.19 | • | 5.72 | 5.91 | 0.28 | 0.60 | — | 0.88 | — | — | 14.31 | 67.79 | 1.86 | 1.68 | 1.68 | 1.48 | 690 | 134 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 24.46 | 0.16 | • | (13.18 | ) | (13.02 | ) | 0.10 | 2.06 | — | 2.16 | — | — | 9.28 | (57.42 | ) | 1.70 | 1.70 | 1.70 | 1.02 | 39 | 159 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 12.50 | 0.11 | 11.93 | 12.04 | 0.08 | 0.00 | * | — | 0.08 | — | — | 24.46 | 96.81 | 1.66 | 1.66 | 1.66 | 0.73 | 52 | 109 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
05-08-06(4)–10-31-06 | 12.84 | 0.08 | (0.42 | ) | (0.34 | ) | — | — | — | — | — | — | 12.50 | (2.65 | ) | 2.39 | 2.39 | 2.39 | 1.47 | 22 | 108 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class O | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 16.27 | (0.10 | ) | 0.97 | 0.87 | 0.19 | — | — | 0.19 | — | — | 16.95 | 5.39 | 2.02 | 2.02 | 2.02 | (1.28 | ) | 5,686 | 58 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 14.19 | 0.07 | • | 2.24 | 2.31 | 0.23 | — | — | 0.23 | — | — | 16.27 | 16.49 | 2.11 | 2.10 | 2.10 | 0.49 | 4,530 | 90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 9.26 | 0.11 | • | 5.70 | 5.81 | 0.28 | 0.60 | — | 0.88 | — | — | 14.19 | 66.79 | 2.29 | 2.11 | 2.11 | 0.85 | 2,966 | 134 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
06-04-08(4)–10-31-08 | 16.83 | 0.11 | • | (7.68 | ) | (7.57 | ) | — | — | — | — | — | — | 9.26 | (44.98 | ) | 1.96 | 1.96 | 1.96 | 2.23 | 206 | 159 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
ING Index Plus International Equity Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 8.36 | 0.08 | 0.97 | 1.05 | 0.11 | — | — | 0.11 | — | — | 9.30 | 12.74 | 1.40 | 1.15 | † | 1.15 | † | 1.66 | † | 9,320 | 60 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 7.80 | 0.13 | 0.58 | 0.71 | 0.15 | — | — | 0.15 | 0.00 | * | — | 8.36 | 9.17 | (a) | 1.31 | 1.16 | † | 1.16 | † | 1.65 | † | 8,969 | 171 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 6.35 | 0.16 | • | 1.49 | 1.65 | 0.23 | — | — | 0.23 | 0.03 | — | 7.80 | 27.40 | (f) | 1.53 | 1.15 | 1.15 | 2.58 | 8,828 | 169 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 13.95 | 0.19 | • | (6.24 | ) | (6.05 | ) | 0.18 | 1.37 | — | 1.55 | — | — | 6.35 | (48.51 | ) | 1.73 | 1.30 | 1.30 | 1.93 | 9,446 | 215 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 11.68 | 0.14 | • | 2.48 | 2.62 | 0.08 | 0.27 | — | 0.35 | — | — | 13.95 | 22.98 | 1.13 | 1.16 | 1.16 | 1.17 | 2,233 | 213 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
12-21-05(4)–10-31-06 | 10.00 | 0.14 | • | 1.54 | 1.68 | — | — | — | — | — | — | 11.68 | 16.80 | 1.30 | 1.15 | 1.15 | 1.50 | 12,513 | 188 |
Income (loss) from investment operations | | Less distributions | | Ratios to average net assets | Supplemental data | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net asset value, beginning of year or period | | Net investment income (loss) | | Net realized and unrealized gain (loss) | | Total from investment operations | | From net investment income | | From net realized gains | | From return of capital | | Total distributions | | Payments from Distribution settlement/ affiliate | | Redemption fees applied to capital | | Net asset value, end of year or period | | Total Return(1) | | Expenses before reductions/ additions(2) | | Expenses net of fee waivers and/or recoupments, if any(2)(3) | | Expenses net of all reductions/ additions(2)(3) | | Net investment income (loss)(2)(3) | | Net assets, end of year or period | | Portfolio turnover rate | |||||||||||||||||||||||||||||||||||||||||
Year or period ended | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | (%) | | (%) | | (%) | | (%) | | (%) | | ($000’s) | | (%) | |||||||||||||||||||||||||||||||||||||||
ING Index Plus International Equity Fund (continued) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 8.36 | 0.03 | • | 1.00 | 1.03 | 0.03 | — | — | 0.03 | — | — | 9.36 | 12.38 | 2.15 | 1.90 | † | 1.90 | † | 0.79 | † | 629 | 60 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 7.80 | 0.06 | • | 0.58 | 0.64 | 0.08 | — | — | 0.08 | 0.00 | * | — | 8.36 | 8.30 | (a) | 2.06 | 1.91 | † | 1.91 | † | 0.86 | † | 772 | 171 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 6.29 | 0.11 | • | 1.49 | 1.60 | 0.12 | — | — | 0.12 | 0.03 | — | 7.80 | 26.41 | (f) | 2.28 | 1.90 | 1.90 | 1.74 | 1,221 | 169 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 13.90 | 0.12 | • | (6.20 | ) | (6.08 | ) | 0.16 | 1.37 | — | 1.53 | — | — | 6.29 | (48.88 | ) | 2.48 | 2.05 | 2.05 | 1.22 | 1,571 | 215 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 11.63 | 0.09 | • | 2.51 | 2.60 | 0.06 | 0.27 | — | 0.33 | — | — | 13.90 | 22.85 | 1.89 | 1.92 | 1.92 | 0.67 | 734 | 213 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
01-12-06(4)–10-31-06 | 10.43 | 0.06 | • | 1.14 | 1.20 | — | — | — | — | — | — | 11.63 | 11.51 | 2.05 | 1.90 | 1.90 | 0.64 | 264 | 188 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 8.30 | 0.05 | 0.97 | 1.02 | 0.04 | — | — | 0.04 | — | — | 9.28 | 12.37 | 2.15 | 1.90 | † | 1.90 | † | 0.89 | † | 1,231 | 60 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 7.75 | 0.07 | • | 0.57 | 0.64 | 0.09 | — | — | 0.09 | 0.00 | * | — | 8.30 | 8.35 | (a) | 2.06 | 1.91 | † | 1.91 | † | 0.93 | † | 1,202 | 171 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 6.28 | 0.11 | • | 1.48 | 1.59 | 0.15 | — | — | 0.15 | 0.03 | — | 7.75 | 26.45 | (f) | 2.28 | 1.90 | 1.90 | 1.78 | 1,445 | 169 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 13.89 | 0.12 | • | (6.20 | ) | (6.08 | ) | 0.16 | 1.37 | — | 1.53 | — | — | 6.28 | (48.91 | ) | 2.48 | 2.05 | 2.05 | 1.16 | 1,311 | 215 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 11.61 | 0.09 | • | 2.50 | 2.59 | 0.04 | 0.27 | — | 0.31 | — | — | 13.89 | 22.81 | 1.89 | 1.92 | 1.92 | 0.69 | 1,126 | 213 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
01-12-06(4)–10-31-06 | 10.43 | 0.08 | • | 1.10 | 1.18 | — | — | — | — | — | — | 11.61 | 11.31 | 2.05 | 1.90 | 1.90 | 0.87 | 534 | 188 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 8.38 | 0.07 | • | 1.01 | 1.08 | 0.14 | — | — | 0.14 | — | — | 9.32 | 13.11 | 0.90 | 0.65 | † | 0.65 | † | 1.70 | † | 42,408 | 60 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 7.81 | 0.14 | • | 0.59 | 0.73 | 0.16 | — | — | 0.16 | 0.00 | * | — | 8.38 | 9.46 | (a) | 0.85 | 0.83 | † | 0.83 | † | 1.86 | † | 81,470 | 171 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 6.42 | 0.18 | • | 1.50 | 1.68 | 0.32 | — | — | 0.32 | 0.03 | — | 7.81 | 27.81 | (f) | 0.92 | 0.90 | 0.90 | 2.83 | 51,144 | 169 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 14.06 | 0.29 | • | (6.32 | ) | (6.03 | ) | 0.24 | 1.37 | — | 1.61 | — | — | 6.42 | (48.12 | ) | 1.05 | 0.62 | 0.62 | 2.80 | 54,838 | 215 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 11.70 | 0.20 | 2.55 | 2.75 | 0.12 | 0.27 | — | 0.39 | — | — | 14.06 | 24.14 | 0.84 | 0.87 | 0.87 | 1.78 | 118,924 | 213 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
12-21-05(4)–10-31-06 | 10.00 | 0.16 | • | 1.54 | 1.70 | — | — | — | — | — | — | 11.70 | 17.00 | 1.05 | 0.90 | 0.90 | 1.69 | 78,581 | 188 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class O | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 8.30 | 0.07 | 0.97 | 1.04 | 0.11 | — | — | 0.11 | — | — | 9.23 | 12.71 | 1.40 | 1.15 | † | 1.15 | † | 1.66 | † | 48,653 | 60 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 7.75 | 0.14 | 0.56 | 0.70 | 0.15 | — | — | 0.15 | 0.00 | * | — | 8.30 | 9.10 | (a) | 1.31 | 1.16 | † | 1.16 | † | 1.65 | † | 45,938 | 171 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 6.31 | 0.16 | • | 1.49 | 1.65 | 0.24 | — | — | 0.24 | 0.03 | — | 7.75 | 27.60 | (f) | 1.53 | 1.15 | 1.15 | 2.53 | 47,328 | 169 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
11-09-07(4)–10-31-08 | 13.09 | 0.19 | • | (5.36 | ) | (5.17 | ) | 0.24 | 1.37 | — | 1.61 | — | — | 6.31 | (45.16 | ) | 1.73 | 1.30 | 1.30 | 2.03 | 41,539 | 215 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
ING International Capital Appreciation Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 10.08 | 0.03 | 1.47 | 1.50 | 0.04 | — | — | 0.04 | — | — | 11.54 | 14.88 | 1.71 | 1.46 | 1.46 | 0.41 | 24,206 | 31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 9.03 | 0.04 | 1.01 | 1.05 | — | — | — | — | 0.00 | * | — | 10.08 | 11.63 | (a) | 1.70 | 1.46 | 1.45 | 0.42 | 24,553 | 63 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 6.70 | 0.00 | •,* | 2.49 | 2.49 | 0.15 | — | 0.01 | 0.16 | — | — | 9.03 | 37.80 | 1.55 | 1.51 | 1.50 | 0.01 | 25,819 | 75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 14.86 | 0.12 | (7.64 | ) | (7.52 | ) | 0.14 | 0.50 | — | 0.64 | — | — | 6.70 | (52.69 | ) | 1.41 | 1.46 | 1.46 | 0.73 | 1,612 | 83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 11.39 | 0.01 | • | 3.76 | 3.77 | 0.05 | 0.25 | — | 0.30 | — | — | 14.86 | 33.89 | 1.48 | 1.50 | 1.50 | 0.08 | 4,592 | 71 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
12-21-05(4)–10-31-06 | 10.00 | 0.04 | 1.35 | 1.39 | — | — | — | — | — | — | 11.39 | 13.90 | 1.84 | 1.50 | 1.50 | 0.32 | 3,677 | 91 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 9.91 | (0.02 | )• | 1.46 | 1.44 | 0.01 | — | — | 0.01 | — | — | 11.34 | 14.51 | 2.46 | 2.21 | 2.21 | (0.44 | ) | 1,733 | 31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 8.95 | (0.04 | ) | 1.00 | 0.96 | — | — | — | — | 0.00 | * | — | 9.91 | 10.73 | (a) | 2.45 | 2.21 | 2.20 | (0.33 | ) | 2,597 | 63 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 6.58 | (0.06 | )• | 2.47 | 2.41 | 0.03 | — | 0.01 | 0.04 | — | — | 8.95 | 36.68 | 2.30 | 2.26 | 2.25 | (0.75 | ) | 4,460 | 75 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 14.67 | (0.01 | )• | (7.47 | ) | (7.48 | ) | 0.11 | 0.50 | — | 0.61 | — | — | 6.58 | (53.01 | ) | 2.16 | 2.21 | 2.21 | (0.11 | ) | 278 | 83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 11.33 | (0.09 | ) | 3.71 | 3.62 | 0.03 | 0.25 | — | 0.28 | — | — | 14.67 | 32.67 | 2.23 | 2.25 | 2.25 | (0.88 | ) | 943 | 71 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
01-09-06(4)–10-31-06 | 10.42 | (0.04 | )• | 0.95 | 0.91 | — | — | — | — | — | — | 11.33 | 8.73 | 2.59 | 2.25 | 2.25 | (0.43 | ) | 66 | 91 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 9.95 | (0.01 | ) | 1.45 | 1.44 | 0.01 | — | — | 0.01 | — | — | 11.38 | 14.45 | 2.46 | 2.21 | 2.21 | (0.33 | ) | 8,060 | 31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 8.98 | (0.03 | ) | 1.00 | 0.97 | — | — | — | — | 0.00 | * | — | 9.95 | 10.80 | (a) | 2.45 | 2.21 | 2.20 | (0.32 | ) | 7,495 | 63 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 6.60 | (0.06 | )• | 2.47 | 2.41 | 0.02 | — | 0.01 | 0.03 | — | — | 8.98 | 36.38 | 2.30 | 2.26 | 2.25 | (0.69 | ) | 7,825 | 75 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 14.71 | 0.00 | •,* | (7.50 | ) | (7.50 | ) | 0.11 | 0.50 | — | 0.61 | — | — | 6.60 | (52.99 | ) | 2.16 | 2.21 | 2.21 | 0.01 | 354 | 83 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 11.35 | (0.12 | ) | 3.73 | 3.61 | 0.00 | • | 0.25 | — | 0.25 | — | — | 14.71 | 32.45 | 2.23 | 2.25 | 2.25 | (0.97 | ) | 971 | 71 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
01-24-06(4)–10-31-06 | 10.28 | (0.03 | ) | 1.10 | 1.07 | — | — | — | — | — | — | 11.35 | 10.41 | 2.59 | 2.25 | 2.25 | (0.50 | ) | 65 | 91 |
Income (loss) from investment operations | | Less distributions | | Ratios to average net assets | Supplemental data | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net asset value, beginning of year or period | | Net investment income (loss) | | Net realized and unrealized gain (loss) | | Total from investment operations | | From net investment income | | From net realized gains | | From return of capital | | Total distributions | | Payments from Distribution settlement/ affiliate | | Redemption fees applied to capital | | Net asset value, end of year or period | | Total Return(1) | | Expenses before reductions/ additions(2) | | Expenses net of fee waivers and/or recoupments, if any(2)(3) | | Expenses net of all reductions/ additions(2)(3) | | Net investment income (loss)(2)(3) | | Net assets, end of year or period | | Portfolio turnover rate | |||||||||||||||||||||||||||||||||||||||||
Year or period ended | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | (%) | | (%) | | (%) | | (%) | | (%) | | ($000’s) | | (%) | |||||||||||||||||||||||||||||||||||||||
ING International Capital Appreciation Fund (continued) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 10.09 | 0.02 | • | 1.49 | 1.51 | 0.08 | — | — | 0.08 | — | — | 11.52 | 15.09 | 1.25 | 1.00 | 1.00 | 0.40 | 6,954 | 31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 9.00 | 0.08 | 1.01 | 1.09 | — | — | — | — | 0.00 | * | — | 10.09 | 12.11 | (a) | 1.20 | 0.96 | 0.95 | 0.89 | 58,078 | 63 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 6.73 | 0.09 | • | 2.41 | 2.50 | 0.22 | — | 0.01 | 0.23 | — | — | 9.00 | 38.21 | 1.18 | 1.14 | 1.13 | 1.17 | 58,959 | 75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 14.90 | 0.17 | (7.67 | ) | (7.50 | ) | 0.17 | 0.50 | — | 0.67 | — | — | 6.73 | (52.48 | ) | 1.08 | 1.13 | 1.13 | 1.09 | 47,918 | 83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 11.43 | 0.06 | • | 3.75 | 3.81 | 0.09 | 0.25 | — | 0.34 | — | — | 14.90 | 34.14 | 1.13 | 1.15 | 1.15 | 0.47 | 140,901 | 71 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
12-21-05(4)–10-31-06 | 10.00 | 0.02 | 1.41 | 1.43 | — | — | — | — | — | — | 11.43 | 14.30 | 1.56 | 1.22 | 1.22 | 0.39 | 47,200 | 91 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class W(5) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 10.10 | 0.04 | 1.48 | 1.52 | 0.07 | — | — | 0.07 | — | — | 11.55 | 15.09 | 1.46 | 1.21 | 1.21 | 0.67 | 11,367 | 31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 9.03 | 0.07 | 1.00 | 1.07 | — | — | — | — | 0.00 | * | — | 10.10 | 11.85 | (a) | 1.46 | 1.22 | 1.21 | 0.66 | 10,787 | 63 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
08-07-09(4)–10-31-09 | 8.59 | 0.00 | •,* | 0.44 | 0.44 | — | — | — | — | — | — | 9.03 | 5.12 | 1.43 | 1.39 | 1.38 | 0.04 | 11,675 | 75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ING International Core Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
02-08-11(4)–04-30-11 | 10.00 | 0.05 | 0.50 | 0.55 | — | — | — | — | — | — | 10.55 | 5.50 | 1.00 | 0.95 | 0.95 | 2.44 | 274,501 | 20 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ING International Growth Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
01-05-11(4)–04-30-11 | 10.00 | 0.07 | 0.82 | 0.89 | — | — | — | — | — | — | 10.89 | 8.90 | 1.05 | 0.99 | 0.99 | 2.17 | 178,979 | 14 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ING International Real Estate Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 8.85 | 0.06 | 0.55 | 0.61 | 0.35 | — | — | 0.35 | — | — | 9.11 | 7.12 | 1.42 | 1.42 | 1.42 | 1.69 | 281,909 | 43 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 8.48 | 0.14 | • | 0.85 | 0.99 | 0.62 | — | — | 0.62 | — | — | 8.85 | 12.46 | 1.50 | 1.50 | † | 1.50 | † | 1.77 | † | 240,779 | 60 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 6.91 | 0.17 | 1.57 | 1.74 | 0.17 | — | — | 0.17 | — | — | 8.48 | 25.77 | 1.73 | 1.53 | † | 1.53 | † | 2.43 | † | 116,989 | 72 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 14.56 | 0.33 | (7.43 | ) | (7.10 | ) | 0.36 | — | 0.19 | 0.55 | — | — | 6.91 | (50.31 | ) | 1.48 | 1.50 | † | 1.50 | † | 1.76 | † | 89,623 | 46 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 11.63 | 0.13 | • | 3.14 | 3.27 | 0.34 | — | — | 0.34 | — | — | 14.56 | 28.49 | 1.51 | 1.50 | 1.50 | 0.99 | 271,425 | 44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
02-28-06(4)–10-31-06 | 10.00 | 0.09 | • | 1.60 | 1.69 | 0.06 | — | — | 0.06 | — | — | 11.63 | 16.94 | 2.01 | 1.50 | 1.50 | 1.33 | 49,798 | 29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 8.82 | 0.04 | • | 0.53 | 0.57 | 0.31 | — | — | 0.31 | — | — | 9.08 | 6.65 | 2.17 | 2.17 | 2.17 | 0.91 | 2,822 | 43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 8.44 | 0.08 | • | 0.86 | 0.94 | 0.56 | — | — | 0.56 | — | — | 8.82 | 11.74 | 2.25 | 2.25 | † | 2.25 | † | 1.05 | † | 3,019 | 60 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 6.88 | 0.12 | 1.56 | 1.68 | 0.12 | — | — | 0.12 | — | — | 8.44 | 24.82 | 2.48 | 2.28 | † | 2.28 | † | 1.78 | † | 3,875 | 72 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 14.50 | 0.25 | (7.41 | ) | (7.16 | ) | 0.27 | — | 0.19 | 0.46 | — | — | 6.88 | (50.72 | ) | 2.23 | 2.25 | † | 2.25 | † | 1.00 | † | 4,004 | 46 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 11.59 | 0.03 | • | 3.14 | 3.17 | 0.26 | — | — | 0.26 | — | — | 14.50 | 27.69 | 2.26 | 2.25 | 2.25 | 0.25 | 11,819 | 44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
02-28-06(4)–10-31-06 | 10.00 | 0.04 | • | 1.59 | 1.63 | 0.04 | — | — | 0.04 | — | — | 11.59 | 16.38 | 2.76 | 2.25 | 2.25 | 0.51 | 1,639 | 29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 8.81 | 0.04 | • | 0.53 | 0.57 | 0.31 | — | — | 0.31 | — | — | 9.07 | 6.70 | 2.17 | 2.17 | 2.17 | 1.01 | 24,439 | 43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 8.44 | 0.08 | • | 0.85 | 0.93 | 0.56 | — | — | 0.56 | — | — | 8.81 | 11.65 | 2.25 | 2.25 | † | 2.25 | † | 1.05 | † | 25,632 | 60 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 6.88 | 0.13 | 1.54 | 1.67 | 0.11 | — | — | 0.11 | — | — | 8.44 | 24.76 | 2.48 | 2.28 | † | 2.28 | † | 1.81 | † | 26,520 | 72 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 14.49 | 0.29 | (7.44 | ) | (7.15 | ) | 0.27 | — | 0.19 | 0.46 | — | — | 6.88 | (50.69 | ) | 2.23 | 2.25 | † | 2.25 | † | 1.00 | † | 36,661 | 46 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 11.59 | 0.03 | • | 3.13 | 3.16 | 0.26 | — | — | 0.26 | — | — | 14.49 | 27.58 | 2.26 | 2.25 | 2.25 | 0.24 | 121,529 | 44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
02-28-06(4)–10-31-06 | 10.00 | 0.04 | • | 1.59 | 1.63 | 0.04 | — | — | 0.04 | — | — | 11.59 | 16.31 | 2.76 | 2.25 | 2.25 | 0.54 | 17,075 | 29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 8.87 | 0.09 | 0.52 | 0.61 | 0.36 | — | — | 0.36 | — | — | 9.12 | 7.14 | 1.11 | 1.11 | 1.11 | 1.86 | 340,271 | 43 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 8.49 | 0.18 | 0.85 | 1.03 | 0.65 | — | — | 0.65 | — | — | 8.87 | 12.90 | 1.17 | 1.17 | † | 1.17 | † | 2.13 | † | 365,799 | 60 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 6.92 | 0.19 | 1.57 | 1.76 | 0.19 | — | — | 0.19 | — | — | 8.49 | 26.12 | 1.23 | 1.23 | † | 1.23 | † | 2.80 | † | 387,251 | 72 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 14.58 | 0.23 | • | (7.31 | ) | (7.08 | ) | 0.39 | — | 0.19 | 0.58 | — | — | 6.92 | (50.14 | ) | 1.16 | 1.18 | † | 1.18 | † | 2.22 | † | 290,227 | 46 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 11.64 | 0.16 | • | 3.15 | 3.31 | 0.37 | — | — | 0.37 | — | — | 14.58 | 28.80 | 1.26 | 1.25 | 1.25 | 1.22 | 127,029 | 44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
02-28-06(4)–10-31-06 | 10.00 | 0.08 | • | 1.63 | 1.71 | 0.07 | — | — | 0.07 | — | — | 11.64 | 17.23 | 1.76 | 1.25 | 1.25 | 1.09 | 22,336 | 29 |
Income (loss) from investment operations | | Less distributions | | Ratios to average net assets | Supplemental data | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net asset value, beginning of year or period | | Net investment income (loss) | | Net realized and unrealized gain (loss) | | Total from investment operations | | From net investment income | | From net realized gains | | From return of capital | | Total distributions | | Payments from Distribution settlement/ affiliate | | Redemption fees applied to capital | | Net asset value, end of year or period | | Total Return(1) | | Expenses before reductions/ additions(2) | | Expenses net of fee waivers and/or recoupments, if any(2)(3) | | Expenses net of all reductions/ additions(2)(3) | | Net investment income (loss)(2)(3) | | Net assets, end of year or period | | Portfolio turnover rate | |||||||||||||||||||||||||||||||||||||||||
Year or period ended | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | (%) | | (%) | | (%) | | (%) | | (%) | | ($000’s) | | (%) | |||||||||||||||||||||||||||||||||||||||
ING International Real Estate Fund (continued) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class W | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 8.89 | 0.09 | • | 0.53 | 0.62 | 0.36 | — | — | 0.36 | — | — | 9.15 | 7.24 | 1.17 | 1.17 | 1.17 | 2.10 | 14,255 | 43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 8.51 | 0.16 | • | 0.86 | 1.02 | 0.64 | — | — | 0.64 | — | — | 8.89 | 12.80 | 1.25 | 1.25 | † | 1.25 | † | 2.01 | † | 5,202 | 60 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 6.91 | 0.19 | 1.60 | 1.79 | 0.19 | — | — | 0.19 | — | — | 8.51 | 26.61 | 1.23 | 1.23 | † | 1.23 | † | 2.85 | † | 2,094 | 72 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
02-12-08(4)–10-31-08 | 11.48 | 0.17 | • | (4.59 | ) | (4.42 | ) | 0.10 | — | 0.05 | 0.15 | — | — | 6.91 | (38.91 | ) | 1.18 | 1.20 | † | 1.20 | † | 2.45 | † | 307 | 46 | ||||||||||||||||||||||||||||||||||||||||||||||||||
ING International SmallCap Multi-Manager Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 37.55 | 0.01 | 6.18 | 6.19 | 0.14 | — | — | 0.14 | — | — | 43.60 | 16.53 | 1.75 | 1.73 | † | 1.73 | † | 0.00 | † | 145,799 | 22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 31.45 | 0.14 | • | 6.28 | 6.42 | 0.40 | — | — | 0.40 | 0.08 | — | 37.55 | 20.85 | (c) | 1.81 | 1.79 | † | 1.79 | † | 0.42 | † | 144,594 | 63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 22.73 | 0.21 | • | 9.04 | 9.25 | 0.71 | — | — | 0.71 | 0.18 | — | 31.45 | 42.73 | (g) | 1.95 | 1.95 | † | 1.95 | † | 0.85 | † | 177,914 | 103 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 66.43 | 0.65 | (36.15 | ) | (35.50 | ) | 0.32 | 7.88 | — | 8.20 | — | — | 22.73 | (59.84 | ) | 1.70 | 1.70 | 1.70 | 1.27 | 160,896 | 84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 47.15 | 0.31 | 19.25 | 19.56 | 0.28 | — | — | 0.28 | — | — | 66.43 | 41.67 | 1.60 | 1.60 | 1.60 | 0.67 | 523,535 | 93 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-06 | 37.75 | 0.29 | 9.44 | 9.73 | 0.33 | — | — | 0.33 | — | — | 47.15 | 25.91 | 1.66 | 1.66 | 1.66 | 0.67 | 243,020 | 85 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 39.49 | (0.15 | )• | 6.53 | 6.38 | — | — | — | — | — | — | 45.87 | 16.16 | 2.40 | 2.38 | † | 2.38 | † | (0.70 | )† | 4,284 | 22 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 33.01 | (0.09 | )• | 6.62 | 6.53 | 0.13 | — | — | 0.13 | 0.08 | — | 39.49 | 20.07 | (c) | 2.46 | 2.44 | † | 2.44 | † | (0.27 | )† | 5,120 | 63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 23.48 | 0.06 | • | 9.45 | 9.51 | 0.17 | — | — | 0.17 | 0.19 | — | 33.01 | 41.60 | (g) | 2.60 | 2.60 | † | 2.60 | † | 0.24 | † | 8,383 | 103 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 68.31 | 0.21 | • | (37.16 | ) | (36.95 | ) | — | 7.88 | — | 7.88 | — | — | 23.48 | (60.10 | ) | 2.35 | 2.35 | 2.35 | 0.45 | 11,892 | 84 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 48.53 | 0.00 | •,* | 19.78 | 19.78 | — | — | — | — | — | — | 68.31 | 40.76 | 2.25 | 2.25 | 2.25 | 0.00 | * | 65,619 | 93 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-06 | 38.83 | (0.01 | )• | 9.75 | 9.74 | 0.04 | — | — | 0.04 | — | — | 48.53 | 25.10 | 2.31 | 2.31 | 2.31 | (0.03 | ) | 58,469 | 85 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 35.04 | (0.10 | ) | 5.77 | 5.67 | — | — | — | — | — | — | 40.71 | 16.18 | 2.40 | 2.38 | † | 2.38 | † | (0.63 | )† | 32,385 | 22 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 29.41 | (0.07 | )• | 5.87 | 5.80 | 0.24 | — | — | 0.24 | 0.07 | — | 35.04 | 20.05 | (c) | 2.46 | 2.44 | † | 2.44 | † | (0.23 | )† | 31,078 | 63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 21.15 | 0.05 | • | 8.46 | 8.51 | 0.42 | — | — | 0.42 | 0.17 | — | 29.41 | 41.80 | (g) | 2.60 | 2.60 | † | 2.60 | † | 0.21 | † | 31,928 | 103 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 62.48 | 0.34 | (33.79 | ) | (33.45 | ) | — | 7.88 | — | 7.88 | — | — | 21.15 | (60.11 | ) | 2.35 | 2.35 | 2.35 | 0.58 | 29,760 | 84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 44.39 | 0.00 | •,* | 18.09 | 18.09 | 0.00 | * | — | — | 0.00 | * | — | — | 62.48 | 40.76 | 2.25 | 2.25 | 2.25 | 0.01 | 104,274 | 93 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-06 | 35.59 | (0.00 | )* | 8.91 | 8.91 | 0.11 | — | — | 0.11 | — | — | 44.39 | 25.09 | 2.31 | 2.31 | 2.31 | (0.01 | ) | 65,534 | 85 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 37.66 | 0.10 | 6.20 | 6.30 | 0.31 | — | — | 0.31 | — | — | 43.65 | 16.84 | 1.27 | 1.25 | † | 1.25 | † | 0.54 | † | 255,088 | 22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 31.53 | 0.33 | 6.27 | 6.60 | 0.55 | — | — | 0.55 | 0.08 | — | 37.66 | 21.45 | (c) | 1.28 | 1.26 | † | 1.26 | † | 0.99 | † | 210,965 | 63 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 22.85 | 0.32 | • | 9.09 | 9.41 | 0.91 | — | — | 0.91 | 0.18 | — | 31.53 | 43.57 | (g) | 1.45 | 1.45 | † | 1.45 | † | 1.29 | † | 164,985 | 103 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 66.72 | 0.78 | (36.25 | ) | (35.47 | ) | 0.52 | 7.88 | — | 8.40 | — | — | 22.85 | (59.66 | ) | 1.29 | 1.29 | 1.29 | 1.71 | 139,213 | 84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 47.35 | 0.60 | 19.25 | 19.85 | 0.48 | — | — | 0.48 | — | — | 66.72 | 42.24 | 1.20 | 1.20 | 1.20 | 1.12 | 376,737 | 93 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
12-21-05(4)–10-31-06 | 40.64 | 0.39 | • | 6.32 | 6.71 | — | — | — | — | — | — | 47.35 | 16.51 | 1.20 | 1.20 | 1.20 | 1.02 | 137,184 | 85 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class O | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 37.30 | 0.04 | 6.12 | 6.16 | 0.20 | — | — | 0.20 | — | — | 43.26 | 16.59 | 1.65 | 1.63 | † | 1.63 | † | 0.27 | † | 1,692 | 22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 31.28 | 0.19 | 6.22 | 6.41 | 0.47 | — | — | 0.47 | 0.08 | — | 37.30 | 20.95 | (c) | 1.71 | 1.69 | † | 1.69 | † | 0.66 | † | 1,164 | 63 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 22.75 | 0.18 | • | 9.07 | 9.25 | 0.90 | — | — | 0.90 | 0.18 | — | 31.28 | 43.07 | (g) | 1.85 | 1.85 | † | 1.85 | † | 0.69 | † | 565 | 103 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
06-04-08(4)–10-31-08 | 47.28 | 0.18 | • | (24.71 | ) | (24.53 | ) | — | 0.00 | * | — | — | — | — | 22.75 | (51.88 | ) | 1.60 | 1.60 | 1.60 | 1.39 | 62 | 84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Class W | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 44.49 | 0.09 | 7.33 | 7.42 | 0.25 | — | — | 0.25 | — | — | 51.66 | 16.75 | 1.40 | 1.38 | † | 1.38 | † | 0.40 | † | 50,712 | 22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 37.21 | 0.32 | • | 7.41 | 7.73 | 0.54 | — | — | 0.54 | 0.09 | — | 44.49 | 21.24 | (c) | 1.46 | 1.44 | † | 1.44 | † | 0.82 | † | 42,257 | 63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 26.83 | 0.37 | 10.71 | 11.08 | 0.92 | — | — | 0.92 | 0.22 | — | 37.21 | 43.54 | (g) | 1.45 | 1.45 | † | 1.45 | † | 1.32 | † | 12,096 | 103 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
02-12-08(4)–10-31-08 | 50.70 | 0.50 | • | (24.37 | ) | (23.87 | ) | — | 0.00 | * | — | — | — | — | 26.83 | (47.08 | ) | 1.29 | 1.29 | 1.29 | 1.80 | 10,366 | 84 |
Income (loss) from investment operations | | Less distributions | | Ratios to average net assets | Supplemental data | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net asset value, beginning of year or period | | Net investment income (loss) | | Net realized and unrealized gain (loss) | | Total from investment operations | | From net investment income | | From net realized gains | | From return of capital | | Total distributions | | Payments from Distribution settlement/ affiliate | | Redemption fees applied to capital | | Net asset value, end of year or period | | Total Return(1) | | Expenses before reductions/ additions(2) | | Expenses net of fee waivers and/or recoupments, if any(2)(3) | | Expenses net of all reductions/ additions(2)(3) | | Net investment income (loss)(2)(3) | | Net assets, end of year or period | | Portfolio turnover rate | |||||||||||||||||||||||||||||||||||||||||
Year or period ended | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | (%) | | (%) | | (%) | | (%) | | (%) | | ($000’s) | | (%) | |||||||||||||||||||||||||||||||||||||||
ING International Value Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 11.78 | 0.07 | • | 1.10 | 1.17 | 0.23 | — | — | 0.23 | — | — | 12.72 | 10.10 | 1.64 | 1.63 | † | 1.63 | † | 1.05 | † | 483,742 | 83 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 11.30 | 0.18 | • | 0.45 | 0.63 | 0.17 | — | — | 0.17 | 0.02 | — | 11.78 | 5.78 | (d) | 1.62 | 1.62 | † | 1.62 | † | 1.63 | † | 549,016 | 81 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 11.13 | 0.14 | 1.88 | 2.02 | 0.35 | 1.51 | — | 1.86 | 0.01 | — | 11.30 | 21.74 | (h) | 1.75 | 1.75 | † | 1.75 | † | 1.25 | † | 725,329 | 92 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 23.15 | 0.39 | (8.83 | ) | (8.44 | ) | 0.23 | 3.35 | — | 3.58 | — | — | 11.13 | (42.58 | ) | 1.58 | 1.58 | † | 1.57 | † | 1.95 | † | 931,162 | 23 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 21.52 | 0.24 | • | 3.73 | 3.97 | 0.20 | 2.14 | — | 2.34 | — | — | 23.15 | 19.87 | 1.59 | 1.59 | 1.59 | 1.08 | 2,136,218 | 32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-06 | 18.33 | 0.18 | • | 4.58 | 4.76 | 0.16 | 1.41 | — | 1.57 | — | — | 21.52 | 27.64 | 1.60 | 1.60 | 1.60 | 0.90 | 1,995,027 | 25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 11.66 | 0.02 | • | 1.11 | 1.13 | — | — | — | — | — | — | 12.79 | 9.69 | 2.34 | 2.33 | † | 2.33 | † | 0.29 | † | 2,395 | 83 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 11.14 | 0.11 | • | 0.43 | 0.54 | 0.04 | — | — | 0.04 | 0.02 | — | 11.66 | 5.07 | (d) | 2.32 | 2.32 | † | 2.32 | † | 0.96 | † | 3,132 | 81 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 10.88 | 0.06 | • | 1.87 | 1.93 | 0.17 | 1.51 | — | 1.68 | 0.01 | — | 11.14 | 20.91 | (h) | 2.45 | 2.45 | † | 2.45 | † | 0.65 | † | 37,743 | 92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 22.64 | 0.19 | • | (8.58 | ) | (8.39 | ) | 0.02 | 3.35 | — | 3.37 | — | — | 10.88 | (43.00 | ) | 2.28 | 2.28 | † | 2.27 | † | 1.12 | † | 85,873 | 23 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 21.07 | 0.08 | • | 3.66 | 3.74 | 0.03 | 2.14 | — | 2.17 | — | — | 22.64 | 19.03 | 2.29 | 2.29 | 2.29 | 0.39 | 301,705 | 32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-06 | 17.95 | 0.04 | • | 4.50 | 4.54 | 0.01 | 1.41 | — | 1.42 | — | — | 21.07 | 26.81 | 2.30 | 2.30 | 2.30 | 0.20 | 368,952 | 25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 11.40 | 0.04 | 1.06 | 1.10 | 0.16 | — | — | 0.16 | — | — | 12.34 | 9.78 | 2.34 | 2.33 | † | 2.33 | † | 0.36 | † | 192,544 | 83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 10.95 | 0.11 | • | 0.43 | 0.54 | 0.11 | — | — | 0.11 | 0.02 | — | 11.40 | 5.07 | (d) | 2.32 | 2.26 | † | 2.26 | † | 0.99 | † | 210,574 | 81 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | �� | 10.79 | 0.05 | • | 1.85 | 1.90 | 0.24 | 1.51 | — | 1.75 | 0.01 | — | 10.95 | 20.92 | (h) | 2.45 | 2.40 | † | 2.40 | † | 0.58 | † | 279,060 | 92 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 22.52 | 0.27 | (8.57 | ) | (8.30 | ) | 0.08 | 3.35 | — | 3.43 | — | — | 10.79 | (42.94 | ) | 2.28 | 2.18 | † | 2.17 | † | 1.34 | † | 326,812 | 23 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 20.98 | 0.08 | • | 3.65 | 3.73 | 0.05 | 2.14 | — | 2.19 | — | — | 22.52 | 19.10 | 2.29 | 2.28 | 2.28 | 0.38 | 757,941 | 32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-06 | 17.91 | 0.05 | 4.46 | 4.51 | 0.03 | 1.41 | — | 1.44 | — | — | 20.98 | 26.71 | 2.30 | 2.30 | 2.30 | 0.20 | 729,067 | 25 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 11.77 | 0.09 | 1.09 | 1.18 | 0.26 | — | — | 0.26 | — | — | 12.69 | 10.29 | 1.26 | 1.25 | † | 1.25 | † | 1.38 | † | 379,092 | 83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 11.30 | 0.23 | • | 0.44 | 0.67 | 0.22 | — | — | 0.22 | 0.02 | — | 11.77 | 6.15 | (d) | 1.27 | 1.27 | † | 1.27 | † | 2.02 | † | 449,321 | 81 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 11.16 | 0.16 | • | 1.90 | 2.06 | 0.42 | 1.51 | — | 1.93 | 0.01 | — | 11.30 | 22.23 | (h) | 1.33 | 1.33 | † | 1.33 | † | 1.65 | † | 607,517 | 92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 23.22 | 0.47 | (8.87 | ) | (8.40 | ) | 0.31 | 3.35 | — | 3.66 | — | — | 11.16 | (42.37 | ) | 1.28 | 1.28 | † | 1.27 | † | 2.23 | † | 735,622 | 23 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 21.58 | 0.32 | • | 3.74 | 4.06 | 0.28 | 2.14 | — | 2.42 | — | — | 23.22 | 20.31 | 1.23 | 1.23 | 1.23 | 1.45 | 2,176,402 | 32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-06 | 18.38 | 0.25 | 4.60 | 4.85 | 0.24 | 1.41 | — | 1.65 | — | — | 21.58 | 28.15 | 1.22 | 1.22 | 1.22 | 1.26 | 1,728,560 | 25 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class W | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 11.76 | 0.03 | • | 1.15 | 1.18 | 0.26 | — | — | 0.26 | — | — | 12.68 | 10.29 | 1.34 | 1.33 | † | 1.33 | † | 0.55 | † | 741 | 83 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 11.30 | 0.22 | 0.44 | 0.66 | 0.22 | — | — | 0.22 | 0.02 | — | 11.76 | 6.04 | (d) | 1.32 | 1.32 | † | 1.32 | † | 1.99 | † | 24,507 | 81 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
07-20-09(4)–10-31-09 | 10.42 | 0.01 | • | 0.87 | 0.88 | — | — | — | — | — | — | 11.30 | 8.45 | 1.33 | 1.33 | † | 1.33 | † | 0.20 | † | 3 | 92 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
ING International Value Choice Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 10.96 | 0.05 | 0.86 | 0.91 | 0.09 | — | — | 0.09 | — | — | 11.78 | 8.36 | 1.79 | 1.60 | † | 1.60 | † | 0.98 | † | 26,229 | 26 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 9.68 | 0.08 | • | 1.26 | 1.34 | 0.06 | — | — | 0.06 | — | — | 10.96 | 13.95 | 1.78 | �� | 1.70 | † | 1.70 | † | 0.77 | † | 22,683 | 43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 7.56 | 0.06 | 2.14 | 2.20 | 0.08 | — | — | 0.08 | — | — | 9.68 | 29.22 | 1.83 | 1.70 | † | 1.70 | † | 0.86 | † | 15,615 | 44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 14.89 | 0.06 | (5.31 | ) | (5.25 | ) | 0.10 | 1.98 | — | 2.08 | — | — | 7.56 | (40.21 | ) | 1.62 | 1.65 | † | 1.64 | † | 0.52 | † | 8,940 | 73 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 12.42 | 0.10 | • | 2.65 | 2.75 | 0.07 | 0.21 | — | 0.28 | — | — | 14.89 | 22.48 | 1.63 | 1.70 | 1.70 | 0.77 | 16,598 | 88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-06 | 10.70 | 0.12 | • | 1.86 | 1.98 | 0.10 | 0.16 | — | 0.26 | — | — | 12.42 | 18.82 | 1.71 | 1.70 | 1.69 | 1.04 | 17,962 | 31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 10.77 | 0.00 | •, * | 0.86 | 0.86 | — | — | — | — | — | — | 11.63 | 7.99 | 2.54 | 2.35 | † | 2.35 | † | 0.07 | † | 844 | 26 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 9.53 | 0.01 | • | 1.24 | 1.25 | 0.01 | — | — | 0.01 | — | — | 10.77 | 13.11 | 2.53 | 2.45 | † | 2.45 | † | 0.09 | † | 1,160 | 43 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 7.44 | 0.02 | • | 2.07 | 2.09 | 0.00 | * | — | — | 0.00 | * | — | — | 9.53 | 28.13 | 2.58 | 2.45 | † | 2.45 | † | 0.18 | † | 1,786 | 44 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 14.67 | (0.03 | )• | (5.22 | ) | (5.25 | ) | 0.00 | * | 1.98 | — | 1.98 | — | — | 7.44 | (40.63 | ) | 2.37 | 2.40 | † | 2.39 | † | (0.27 | )† | 1,738 | 73 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 12.27 | 0.00 | •,* | 2.61 | 2.61 | — | 0.21 | — | 0.21 | — | — | 14.67 | 21.54 | 2.38 | 2.45 | 2.45 | 0.01 | 3,805 | 88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-06 | 10.65 | 0.04 | • | 1.82 | 1.86 | 0.08 | 0.16 | — | 0.24 | — | — | 12.27 | 17.77 | 2.46 | 2.45 | 2.44 | 0.35 | 3,565 | 31 |
Income (loss) from investment operations | | Less distributions | | Ratios to average net assets | Supplemental data | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net asset value, beginning of year or period | | Net investment income (loss) | | Net realized and unrealized gain (loss) | | Total from investment operations | | From net investment income | | From net realized gains | | From return of capital | | Total distributions | | Payments from Distribution settlement/ affiliate | | Redemption fees applied to capital | | Net asset value, end of year or period | | Total Return(1) | | Expenses before reductions/ additions(2) | | Expenses net of fee waivers and/or recoupments, if any(2)(3) | | Expenses net of all reductions/ additions(2)(3) | | Net investment income (loss)(2)(3) | | Net assets, end of year or period | | Portfolio turnover rate | |||||||||||||||||||||||||||||||||||||||||
Year or period ended | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | (%) | | (%) | | (%) | | (%) | | (%) | | ($000’s) | | (%) | |||||||||||||||||||||||||||||||||||||||
ING International Value Choice Fund (continued) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 10.80 | 0.01 | 0.86 | 0.87 | 0.03 | — | — | 0.03 | — | — | 11.64 | 8.04 | 2.54 | 2.35 | † | 2.35 | † | 0.23 | † | 5,830 | 26 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 9.56 | 0.01 | • | 1.24 | 1.25 | 0.01 | — | — | 0.01 | — | — | 10.80 | 13.07 | 2.53 | 2.45 | † | 2.45 | † | 0.06 | † | 5,195 | 43 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 7.46 | 0.01 | • | 2.09 | 2.10 | 0.00 | * | — | — | 0.00 | * | — | — | 9.56 | 28.19 | 2.58 | 2.45 | † | 2.45 | † | 0.14 | † | 4,091 | 44 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 14.70 | (0.03 | )• | (5.23 | ) | (5.26 | ) | — | 1.98 | — | 1.98 | — | — | 7.46 | (40.62 | ) | 2.37 | 2.40 | † | 2.39 | † | (0.25 | )† | 2,267 | 73 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 12.29 | 0.00 | * | 2.62 | 2.62 | — | 0.21 | — | 0.21 | — | — | 14.70 | 21.58 | 2.38 | 2.45 | 2.45 | 0.00 | * | 4,930 | 88 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-06 | 10.66 | 0.04 | • | 1.83 | 1.87 | 0.08 | 0.16 | — | 0.24 | — | — | 12.29 | 17.78 | 2.46 | 2.45 | 2.44 | 0.33 | 4,189 | 31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 10.96 | 0.08 | 0.86 | 0.94 | 0.12 | — | — | 0.12 | — | — | 11.78 | 8.62 | 1.36 | 1.26 | † | 1.26 | † | 1.20 | † | 21,759 | 26 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 9.67 | 0.12 | • | 1.25 | 1.37 | 0.08 | — | — | 0.08 | — | — | 10.96 | 14.26 | 1.35 | 1.35 | † | 1.35 | † | 1.24 | † | 17,722 | 43 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 7.57 | 0.10 | • | 2.12 | 2.22 | 0.12 | — | — | 0.12 | — | — | 9.67 | 29.58 | 1.39 | 1.39 | † | 1.39 | † | 1.19 | † | 27,654 | 44 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 14.92 | 0.09 | (5.30 | ) | (5.21 | ) | 0.16 | 1.98 | — | 2.14 | — | — | 7.57 | (39.96 | ) | 1.27 | 1.30 | † | 1.29 | † | 0.80 | † | 36,089 | 73 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 12.42 | 0.17 | • | 2.64 | 2.81 | 0.10 | 0.21 | — | 0.31 | — | — | 14.92 | 23.04 | 1.24 | 1.31 | 1.31 | 1.29 | 60,413 | 88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
12-21-05(4)–10-31-06 | 11.04 | 0.16 | • | 1.22 | 1.38 | — | — | — | — | — | — | 12.42 | 12.50 | 1.36 | 1.35 | 1.34 | 1.56 | 36,899 | 31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class W | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 10.97 | 0.09 | • | 0.83 | 0.92 | 0.11 | — | — | 0.11 | — | — | 11.78 | 8.49 | 1.54 | 1.35 | † | 1.35 | † | 1.53 | † | 110 | 26 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 9.68 | 0.12 | • | 1.25 | 1.37 | 0.08 | — | — | 0.08 | — | — | 10.97 | 14.27 | 1.53 | 1.45 | † | 1.45 | † | 1.15 | † | 34 | 43 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
06-01-09(4)–10-31-09 | 9.18 | 0.01 | • | 0.49 | 0.50 | — | — | — | — | — | — | 9.68 | 5.45 | 1.39 | 1.39 | † | 1.39 | † | 0.30 | † | 3 | 44 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
ING Russia Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 36.52 | (0.24 | )• | 7.83 | 7.59 | — | — | — | — | — | — | 44.11 | 20.78 | 1.97 | 1.97 | 1.97 | (1.18 | ) | 496,639 | 20 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 29.53 | (0.33 | )• | 7.32 | 6.99 | — | — | — | — | — | — | 36.52 | 23.67 | 2.11 | 2.11 | 2.11 | (0.98 | ) | 418,162 | 30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 25.60 | (0.19 | ) | 12.20 | 12.01 | — | 8.08 | — | 8.08 | — | — | 29.53 | 65.55 | 2.21 | 2.21 | 2.21 | (0.98 | ) | 373,249 | 46 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 78.13 | (0.48 | ) | (40.46 | ) | (40.94 | ) | — | 11.59 | — | 11.59 | — | 0.00 | * | 25.60 | (61.70 | ) | 2.06 | 2.06 | 2.06 | (0.60 | ) | 261,127 | 43 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 55.81 | (0.33 | )• | 25.77 | 25.44 | — | 3.12 | — | 3.12 | — | 0.00 | * | 78.13 | 47.16 | 1.96 | 1.96 | 1.96 | (0.52 | ) | 922,504 | 12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-06 | 33.49 | (0.27 | ) | 22.37 | 22.10 | — | — | — | — | — | 0.22 | 55.81 | 66.65 | 1.98 | 1.98 | 1.98 | (0.64 | ) | 751,947 | 20 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 36.64 | (0.15 | ) | 7.82 | 7.67 | — | — | — | — | — | — | 44.31 | 20.93 | 1.63 | 1.63 | 1.63 | (0.81 | ) | 11,047 | 20 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 29.54 | (0.10 | ) | 7.20 | 7.10 | — | — | — | — | — | — | 36.64 | 24.04 | 1.71 | 1.71 | 1.71 | (0.38 | ) | 8,151 | 30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
09-30-09(4)–10-31-09 | 28.27 | (0.04 | )• | 1.31 | 1.27 | — | — | — | — | — | — | 29.54 | 4.49 | 1.68 | 1.68 | 1.68 | (1.68 | ) | 3 | 46 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
ING Global Bond Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 12.32 | 0.24 | • | 0.00 | * | 0.24 | 0.32 | 0.11 | — | 0.43 | — | — | 12.13 | 2.04 | 0.98 | 0.91 | † | 0.91 | † | 4.05 | † | 188,564 | 160 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 12.25 | 0.53 | • | 0.30 | 0.83 | 0.71 | 0.05 | — | 0.76 | — | — | 12.32 | 7.14 | 1.00 | 0.90 | † | 0.90 | † | 4.43 | † | 192,384 | 440 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 10.19 | 0.32 | 2.13 | 2.45 | 0.15 | 0.24 | — | 0.39 | — | — | 12.25 | 24.43 | 1.06 | 0.91 | † | 0.91 | † | 3.30 | † | 103,255 | 396 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 10.59 | 0.27 | • | 0.07 | 0.34 | 0.62 | 0.12 | — | 0.74 | — | — | 10.19 | 3.04 | 1.05 | 0.93 | † | 0.93 | † | 2.53 | † | 79,451 | 830 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 10.25 | 0.31 | • | 0.64 | 0.95 | 0.43 | 0.18 | — | 0.61 | — | — | 10.59 | 9.61 | 1.46 | 0.90 | † | 0.90 | † | 3.08 | 28,887 | 858 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
06-30-06(4)–10-31-06 | 10.00 | 0.08 | • | 0.23 | 0.31 | 0.06 | — | — | 0.06 | — | — | 10.25 | 3.13 | 1.38 | 0.90 | 0.90 | 2.41 | 25,784 | 451 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 12.21 | 0.20 | • | 0.00 | * | 0.20 | 0.27 | 0.11 | — | 0.38 | — | — | 12.03 | 1.76 | 1.73 | 1.66 | † | 1.66 | † | 3.37 | † | 2,546 | 160 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 12.16 | 0.46 | 0.27 | 0.73 | 0.63 | 0.05 | — | 0.68 | — | — | 12.21 | 6.22 | 1.75 | 1.65 | † | 1.65 | † | 3.79 | † | 4,125 | 440 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 10.16 | 0.29 | 2.07 | 2.36 | 0.12 | 0.24 | — | 0.36 | — | — | 12.16 | 23.56 | 1.81 | 1.66 | † | 1.66 | † | 2.59 | † | 5,135 | 396 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 10.55 | 0.18 | • | 0.08 | 0.26 | 0.53 | 0.12 | — | 0.65 | — | — | 10.16 | 2.26 | 1.80 | 1.68 | † | 1.68 | † | 1.71 | 4,085 | 830 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 10.24 | 0.25 | • | 0.62 | 0.87 | 0.38 | 0.18 | — | 0.56 | — | — | 10.55 | 8.74 | 2.21 | 1.65 | † | 1.65 | † | 2.44 | 342 | 858 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
06-30-06(4)–10-31-06 | 10.00 | 0.06 | • | 0.22 | 0.28 | 0.04 | — | — | 0.04 | — | — | 10.24 | 2.84 | 2.13 | 1.65 | 1.65 | 2.00 | 28 | 451 |
Income (loss) from investment operations | | Less distributions | | Ratios to average net assets | Supplemental data | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net asset value, beginning of year or period | | Net investment income (loss) | | Net realized and unrealized gain (loss) | | Total from investment operations | | From net investment income | | From net realized gains | | From return of capital | | Total distributions | | Payments from Distribution settlement/ affiliate | | Redemption fees applied to capital | | Net asset value, end of year or period | | Total Return(1) | | Expenses before reductions/ additions(2) | | Expenses net of fee waivers and/or recoupments, if any(2)(3) | | Expenses net of all reductions/ additions(2)(3) | | Net investment income (loss)(2)(3) | | Net assets, end of year or period | | Portfolio turnover rate | |||||||||||||||||||||||||||||||||||||||||
Year or period ended | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | (%) | | (%) | | (%) | | (%) | | (%) | | ($000’s) | | (%) | |||||||||||||||||||||||||||||||||||||||
ING Global Bond Fund (continued) | �� | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 12.25 | 0.19 | 0.01 | 0.20 | 0.27 | 0.11 | — | 0.38 | — | — | 12.07 | 1.76 | 1.73 | 1.66 | † | 1.66 | † | 3.30 | † | 81,762 | 160 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 12.20 | 0.43 | • | 0.30 | 0.73 | 0.63 | 0.05 | — | 0.68 | — | — | 12.25 | 6.23 | 1.75 | 1.65 | † | 1.65 | † | 3.65 | † | 90,458 | 440 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 10.20 | 0.28 | • | 2.08 | 2.36 | 0.12 | 0.24 | — | 0.36 | — | — | 12.20 | 23.48 | 1.81 | 1.66 | † | 1.66 | † | 2.54 | † | 45,773 | 396 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 10.59 | 0.18 | • | 0.09 | 0.27 | 0.54 | 0.12 | — | 0.66 | — | — | 10.20 | 2.31 | 1.80 | 1.68 | † | 1.68 | † | 1.71 | † | 29,009 | 830 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 10.24 | 0.24 | • | 0.64 | 0.88 | 0.35 | 0.18 | — | 0.53 | — | — | 10.59 | 8.90 | 2.21 | 1.65 | † | 1.65 | † | 2.33 | 1,627 | 858 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
06-30-06(4)–10-31-06 | 10.00 | 0.06 | • | 0.22 | 0.28 | 0.04 | — | — | 0.04 | — | — | 10.24 | 2.82 | 2.13 | 1.65 | 1.65 | 1.68 | 36 | 451 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 12.28 | 0.26 | • | 0.01 | 0.27 | 0.34 | 0.11 | — | 0.45 | — | — | 12.10 | 2.31 | 0.63 | 0.56 | † | 0.56 | † | 4.38 | † | 237,315 | 160 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 12.22 | 0.56 | • | 0.31 | 0.87 | 0.76 | 0.05 | — | 0.81 | — | — | 12.28 | 7.44 | 0.65 | 0.55 | † | 0.55 | † | 4.73 | † | 222,123 | 440 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 10.21 | 0.45 | • | 2.04 | 2.49 | 0.24 | 0.24 | — | 0.48 | — | — | 12.22 | 24.94 | 0.71 | 0.56 | † | 0.56 | † | 3.89 | † | 136,178 | 396 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 10.58 | 0.28 | • | 0.14 | 0.42 | 0.67 | 0.12 | — | 0.79 | — | — | 10.21 | 3.78 | 0.74 | 0.62 | † | 0.62 | † | 2.69 | 503 | 830 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 10.25 | 0.35 | • | 0.63 | 0.98 | 0.47 | 0.18 | — | 0.65 | — | — | 10.58 | 9.88 | 1.00 | 0.61 | † | 0.61 | † | 3.47 | 1 | 858 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
06-30-06(4)–10-31-06 | 10.00 | 0.09 | • | 0.23 | 0.32 | 0.07 | — | — | 0.07 | — | — | 10.25 | 3.23 | 1.03 | 0.55 | 0.55 | 2.68 | 1 | 451 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class O | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 12.12 | 0.23 | 0.01 | 0.24 | 0.32 | 0.11 | — | 0.43 | — | — | 11.93 | 2.08 | 0.98 | 0.91 | † | 0.91 | † | 4.02 | † | 3,545 | 160 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 12.06 | 0.53 | • | 0.29 | 0.82 | 0.71 | 0.05 | — | 0.76 | — | — | 12.12 | 7.17 | 1.00 | 0.90 | † | 0.90 | † | 4.53 | † | 3,578 | 440 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 10.15 | 0.37 | • | 2.04 | 2.41 | 0.26 | 0.24 | — | 0.50 | — | — | 12.06 | 24.26 | 1.06 | 0.91 | † | 0.91 | † | 3.30 | † | 3,126 | 396 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
06-04-08(4)–10-31-08 | 10.65 | 0.10 | • | (0.49 | ) | (0.39 | ) | 0.11 | — | — | 0.11 | — | — | 10.15 | (3.70 | ) | 1.05 | 0.93 | † | 0.93 | † | 2.47 | † | 222 | 830 | ||||||||||||||||||||||||||||||||||||||||||||||||||
Class W | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 12.12 | 0.25 | (0.00 | )* | 0.25 | 0.33 | 0.11 | — | 0.44 | — | — | 11.93 | 2.21 | 0.73 | 0.66 | † | 0.66 | † | 4.30 | † | 12,261 | 160 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 12.06 | 0.52 | • | 0.34 | 0.86 | 0.75 | 0.05 | — | 0.80 | — | — | �� | 12.12 | 7.45 | 0.75 | 0.65 | † | 0.65 | † | 4.44 | † | 14,142 | 440 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
06-01-09(4)–10-31-09 | 11.22 | 0.14 | • | 1.03 | 1.17 | 0.33 | — | — | 0.33 | — | — | 12.06 | 10.54 | 0.71 | 0.56 | † | 0.56 | † | 2.85 | † | 1,533 | 396 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
ING Diversified International Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A | �� | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 9.33 | 0.09 | 1.01 | 1.10 | 0.09 | — | — | 0.09 | — | — | 10.34 | 11.88 | 0.69 | 0.50 | 0.50 | 1.94 | 95,798 | 75 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 8.27 | 0.06 | 1.07 | 1.13 | 0.06 | — | 0.01 | 0.07 | — | — | 9.33 | 13.71 | 0.63 | 0.39 | 0.39 | 0.76 | 102,460 | 49 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 7.30 | 0.24 | • | 1.59 | 1.83 | 0.86 | — | — | 0.86 | — | — | 8.27 | 28.22 | 0.76 | 0.38 | 0.38 | 3.45 | 129,966 | 32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 14.98 | 0.17 | • | (7.50 | ) | (7.33 | ) | 0.26 | 0.09 | — | 0.35 | — | — | 7.30 | (50.04 | ) | 0.57 | 0.31 | 0.31 | 1.41 | 167,282 | 55 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 11.61 | 0.05 | • | 3.38 | 3.43 | 0.06 | — | — | 0.06 | — | — | 14.98 | 29.66 | 0.55 | 0.21 | 0.21 | 0.37 | 383,364 | 32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
12-21-05(4)–10-31-06 | 10.00 | (0.03 | )• | 1.64 | 1.61 | — | — | — | — | — | — | 11.61 | 16.10 | 0.66 | 0.35 | 0.35 | (0.35 | ) | 170,108 | 30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 9.27 | 0.06 | 1.00 | 1.06 | 0.01 | — | — | 0.01 | — | — | 10.32 | 11.48 | 1.44 | 1.25 | 1.25 | 1.17 | 14,753 | 75 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 8.23 | (0.00 | )* | 1.05 | 1.05 | — | — | 0.01 | 0.01 | — | — | 9.27 | 12.78 | 1.38 | 1.14 | 1.14 | (0.03 | ) | 16,616 | 49 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 7.22 | 0.17 | • | 1.61 | 1.78 | 0.77 | — | — | 0.77 | — | — | 8.23 | 27.46 | 1.51 | 1.13 | 1.13 | 2.43 | 19,919 | 32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 14.84 | 0.07 | (7.43 | ) | (7.36 | ) | 0.17 | 0.09 | — | 0.26 | — | — | 7.22 | (50.43 | ) | 1.32 | 1.06 | 1.06 | 0.67 | 20,167 | 55 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 11.54 | (0.04 | ) | 3.35 | 3.31 | 0.01 | — | — | 0.01 | — | — | 14.84 | 28.68 | 1.30 | 0.96 | 0.96 | (0.34 | ) | 43,667 | 32 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
12-21-05(4)–10-31-06 | 10.00 | (0.10 | )• | 1.64 | 1.54 | — | — | — | — | — | — | 11.54 | 15.40 | 1.41 | 1.10 | 1.10 | (1.10 | ) | 23,035 | 30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 9.26 | 0.06 | 0.99 | 1.05 | 0.02 | — | — | 0.02 | — | — | 10.29 | 11.31 | 1.44 | 1.25 | 1.25 | 1.16 | 54,447 | 75 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 8.21 | (0.00 | )* | 1.06 | 1.06 | — | — | 0.01 | 0.01 | — | — | 9.26 | 12.88 | 1.38 | 1.14 | 1.14 | (0.01 | ) | 59,015 | 49 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 7.21 | 0.17 | • | 1.60 | 1.77 | 0.77 | — | — | 0.77 | — | — | 8.21 | 27.32 | 1.51 | 1.13 | 1.13 | 2.54 | 71,831 | 32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 14.83 | 0.07 | (7.42 | ) | (7.35 | ) | 0.18 | 0.09 | — | 0.27 | — | — | 7.21 | (50.43 | ) | 1.32 | 1.06 | 1.06 | 0.67 | 78,834 | 55 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 11.54 | (0.05 | )• | 3.35 | 3.30 | 0.01 | — | — | 0.01 | — | — | 14.83 | 28.63 | 1.30 | 0.96 | 0.96 | (0.39 | ) | 168,661 | 32 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
12-21-05(4)–10-31-06 | 10.00 | (0.10 | )• | 1.64 | 1.54 | — | — | — | — | — | — | 11.54 | 15.40 | 1.41 | 1.10 | 1.10 | (1.10 | ) | 69,825 | 30 |
Income (loss) from investment operations | | Less distributions | | Ratios to average net assets | Supplemental data | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net asset value, beginning of year or period | | Net investment income (loss) | | Net realized and unrealized gain (loss) | | Total from investment operations | | From net investment income | | From net realized gains | | From return of capital | | Total distributions | | Payments from Distribution settlement/ affiliate | | Redemption fees applied to capital | | Net asset value, end of year or period | | Total Return(1) | | Expenses before reductions/ additions(2) | | Expenses net of fee waivers and/or recoupments, if any(2)(3) | | Expenses net of all reductions/ additions(2)(3) | | Net investment income (loss)(2)(3) | | Net assets, end of year or period | | Portfolio turnover rate | |||||||||||||||||||||||||||||||||||||||||
Year or period ended | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | (%) | | (%) | | (%) | | (%) | | (%) | | ($000’s) | | (%) | |||||||||||||||||||||||||||||||||||||||
ING Diversified International Fund (continued) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 9.32 | 0.10 | 1.01 | 1.11 | 0.12 | — | — | 0.12 | — | — | 10.31 | 12.01 | 0.40 | 0.25 | 0.25 | 2.22 | 8,151 | 75 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 8.26 | 0.03 | • | 1.12 | 1.15 | 0.08 | — | 0.01 | 0.09 | — | — | 9.32 | 13.98 | 0.35 | 0.14 | 0.14 | 0.36 | 9,188 | 49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 7.30 | 0.31 | • | 1.55 | 1.86 | 0.90 | — | — | 0.90 | — | — | 8.26 | 28.78 | 0.48 | 0.10 | 0.10 | 4.55 | 3,209 | 32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 14.99 | 0.21 | (7.53 | ) | (7.32 | ) | 0.28 | 0.09 | — | 0.37 | — | — | 7.30 | (49.97 | ) | 0.32 | 0.06 | 0.06 | 1.69 | 16 | 55 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 | 11.63 | 0.03 | • | 3.41 | 3.44 | 0.08 | — | — | 0.08 | — | — | 14.99 | 29.69 | 0.30 | 0.09 | 0.09 | 0.21 | 32 | 32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
12-21-05(4)–10-31-06 | 10.00 | (0.01 | )• | 1.64 | 1.63 | — | — | — | — | — | — | 11.63 | 16.30 | 0.45 | 0.10 | 0.10 | (0.13 | ) | 4 | 30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class O | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 9.28 | 0.09 | 0.99 | 1.08 | 0.10 | — | — | 0.10 | — | — | 10.26 | 11.77 | 0.69 | 0.50 | 0.50 | 1.74 | 4,009 | 75 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 8.24 | 0.05 | • | 1.08 | 1.13 | 0.08 | — | 0.01 | 0.09 | — | — | 9.28 | 13.81 | 0.63 | 0.34 | 0.34 | 0.55 | 2,947 | 49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 7.29 | 0.10 | • | 1.74 | 1.84 | 0.89 | — | — | 0.89 | — | — | 8.24 | 28.45 | 0.76 | 0.38 | 0.38 | 1.30 | 1,911 | 32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
06-04-08(4)–10-31-08 | 12.99 | 0.02 | • | (5.72 | ) | (5.70 | ) | — | — | — | — | — | — | 7.29 | (43.88 | ) | 0.57 | 0.31 | 0.31 | 0.48 | 140 | 55 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Class R | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 9.22 | 0.08 | 0.99 | 1.07 | 0.07 | — | — | 0.07 | — | — | 10.22 | 11.68 | 0.94 | 0.75 | 0.75 | 1.57 | 170 | 75 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 8.18 | 0.04 | • | 1.05 | 1.09 | 0.04 | — | 0.01 | 0.05 | — | — | 9.22 | 13.40 | 0.88 | 0.64 | 0.64 | 0.47 | 173 | 49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 7.22 | 0.20 | 1.60 | 1.80 | 0.84 | — | — | 0.84 | — | — | 8.18 | 28.13 | 1.01 | 0.63 | 0.63 | 2.94 | 198 | 32 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 | 14.82 | 0.15 | (7.44 | ) | (7.29 | ) | 0.22 | 0.09 | — | 0.31 | — | — | 7.22 | (50.18 | ) | 0.82 | 0.56 | 0.56 | 1.26 | 183 | 55 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
12-12-06(4)–10-31-07 | 12.19 | (0.05 | )• | 2.76 | 2.71 | 0.08 | — | — | 0.08 | — | — | 14.82 | 22.33 | 0.80 | 0.46 | 0.46 | (0.46 | ) | 432 | 32 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class W | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 9.30 | 0.10 | 1.00 | 1.10 | 0.12 | — | — | 0.12 | — | — | 10.28 | 11.96 | 0.44 | 0.25 | 0.25 | 2.13 | 2,598 | 75 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 8.25 | 0.09 | • | 1.06 | 1.15 | 0.09 | — | 0.01 | 0.10 | — | — | 9.30 | 14.07 | 0.38 | 0.09 | 0.09 | 1.03 | 2,440 | 49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 | 7.29 | 0.21 | • | 1.65 | 1.86 | 0.90 | — | — | 0.90 | — | — | 8.25 | 28.84 | 0.48 | 0.10 | 0.10 | 2.96 | 2,545 | 32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
02-12-08(4)–10-31-08 | 12.17 | 0.06 | • | (4.94 | ) | (4.88 | ) | — | — | — | — | — | — | 7.29 | (40.10 | ) | 0.32 | 0.06 | 0.06 | 0.80 | 1,506 | 55 |
(1) | Total return is calculated assuming reinvestment of all dividends, capital gain distributions and return of capital distributions, if any, at net asset value and excluding the deduction of sales charges. Total return for periods less than one year is not annualized. |
(2) | Annualized for periods less than one year. |
(3) | Expense ratios reflect operating expenses of a Fund. Expenses before reductions/additions do not reflect amounts reimbursed by the Investment Adviser and/or Distributor or reductions from brokerage service arrangements or other expense offset arrangements and do not represent the amount paid by a Fund during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the Investment Adviser and/or Distributor but prior to reductions from brokerage commission recapture arrangements or other expense offset arrangements. Expenses net of all reductions/additions represent the net expenses paid by a Fund. Net investment income (loss) is net of all such additions or reductions. |
(4) | Commencement of operations. |
(5) | Class W shares’ financial highlights include Class Q shares which were converted to Class W on March 5, 2010. Class W shares will retain the commencement of operations date of August 7, 2009 which represents the original commencement of operations date of Class Q shares. |
† | Impact of waiving the advisory fee for the ING Institutional Prime Money Market Fund holding has less than 0.005% impact on the expense ratio and net investment income or loss ratio. |
* | Amount is more than $(0.005) or more than (0.005)% or less than $0.005 or less than 0.005%. |
• | Calculated using average number of shares outstanding throughout the period. |
(a) | There was no impact on total return by the payment from distribution settlement. |
(b) | Excluding a payment from distribution settlement in the fiscal year ended October 31, 2010, Global Value Choice total return would have been 21.82%, 20.92%, 20.89%, 22.34% and 22.08% on Classes A,B,C,I and W, respectively. |
(c) | Excluding a payment from distribution settlement in the fiscal year ended October 31, 2010, International SmallCap Multi-Manager total return would have been 20.60%, 19.82%, 19.80%, 21.20%, 20.70% and 20.98% on Classes A,B,C,I,O and W, respectively. |
(d) | Excluding a payment from distribution settlement in the fiscal year ended October 31, 2010, International Value total return would have been 5.61%, 4.90%, 4.90%, 5.98% and 5.87% on Classes A,B,C,I, and W, respectively. |
(e) | Excluding a payment by affiliate in the fiscal year ended October 31, 2009, Emerging Countries total return would have been 50.54%, 49.21%, 49.19%, 51.26% and 51.22% on Classes A,B,C,I and W, respectively. |
(f) | Excluding a payment by affiliate in the fiscal year ended October 31, 2009, Index Plus International Equity total return would have been 26.91%, 25.92%, 25.96%, 27.32% and 27.11% on Classes A, B, C, I and O, respectively. |
(g) | Excluding a payment by affiliate in the fiscal year ended October 31, 2009, International SmallCap Multi-Manager total return would have been 41.91%, 40.78%, 40.97%, 42.75%, 42.20% and 42.70% on Classes A,B,C,I,O and W, respectively. |
(h) | Excluding a payment by affiliate in the fiscal year ended October 31, 2009, International Value total return would have been 21.64%, 20.80%, 20.81% and 22.12% on Classes A,B,C and I, respectively. |
to their sale) are valued at their fair values, as defined by the 1940 Act, and as determined in good faith by or under the supervision of the Funds’ Board in accordance with methods that are specifically authorized by the Board. Securities traded on exchanges, including foreign exchanges, which close earlier than the time that a Fund calculates its next net asset value (“NAV”) may also be valued at their fair values, as defined by the 1940 Act, and as determined in good faith by or under the supervision of a Fund’s Board, in accordance with methods that are specifically authorized by the Board. The valuation techniques applied in any specific instance are likely to vary from case to case. With respect to a restricted security, for example, consideration is generally given to the cost of the investment, the market value of any unrestricted securities of the same class at the time of valuation, the potential expiration of restrictions on the security, the existence of any registration rights, the costs to a Fund related to registration of the security, as well as factors relevant to the issuer itself. Consideration may also be given to the price and extent of any public trading in similar securities of the issuer or comparable companies’ securities.
will generally be valued at the latest NAV reported by that investment company.
(1) | Market value of investment securities, other assets and liabilities — at the exchange rates prevailing at the end of the day. |
(2) | Purchases and sales of investment securities, income and expenses — at the rates of exchange prevailing on the respective dates of such transactions. |
contracts, including, but not limited to, forward foreign currency exchange contracts, futures, purchased options, written options, and swaps. In doing so, the Funds will employ strategies in differing combinations to permit them to increase or decrease the level of risk, or change the level or types of exposure to market risk factors. This may allow the Funds to pursue their objectives more quickly, and efficiently than if they were to make direct purchases or sales of securities capable of affecting a similar response to market factors.
to terminate all of its contracts and affect settlement of all outstanding transactions under the applicable Master Agreement.
Forward foreign currency contracts | ||||||
---|---|---|---|---|---|---|
International SmallCap Multi-Manager | $ | 19,591 | ||||
International Value | 1,846 | |||||
International Core | 390 |
Forward foreign currency contracts | ||||||
---|---|---|---|---|---|---|
Global Value Choice | $ | 160 | ||||
International Value | 426 | |||||
International Core | 145,737 | |||||
International Growth | 950 |
Buy | Sell | |||||||||
---|---|---|---|---|---|---|---|---|---|---|
Global Value Choice* | $ | — | $ | 10,647 | ||||||
International Core* | 24,201 | 911,842 | ||||||||
International Growth* | — | 38,442 | ||||||||
International SmallCap Multi-Manager* | 265,431 | — | ||||||||
International Value* | 164,596 | 32,139 | ||||||||
Global Bond** | 608,613,581 | 465,947,405 |
* | For the period ended April 30, 2011, the Fund used forward foreign currency contracts primarily to protect its non-U.S. dollar-denominated holdings from adverse currency movements. Please refer to the table following the Summary Portfolio of Investments for open forward foreign currency contracts at April 30, 2011. |
** | For the period ended April 30, 2011, the Fund used forward foreign currency contracts to protect its non-U.S. dollar-denominated holdings from adverse currency movements and to gain exposure to currencies for the purposes of risk management or enhanced return. Please refer to the table following the Summary Portfolio of Investments for open forward foreign currency contracts at April 30, 2011. |
Underlying Fund intends to limit its use of futures contracts and futures options to “bona fide hedging” transactions, as such term is defined in applicable regulations, interpretations and practice. A futures contract obligates the seller of the contract to deliver and the purchaser of the contract to take delivery of the type of foreign currency, financial instrument or security called for in the contract at a specified future time for a specified price. Upon entering into such a contract, a Fund or an Underlying Fund is required to deposit and maintain as collateral such initial margin as required by the exchange on which the contract is traded. Pursuant to the contract, a Fund or an Underlying Fund agrees to receive from or pay to the broker an amount equal to the daily fluctuations in the value of the contract. Such receipts or payments are known as variation margin and are recorded as unrealized gains or losses by the Fund or an Underlying Fund. When the contract is closed, the Fund or Underlying Fund records a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.
Portfolio of Investments for open purchased options and the table following the Summary Portfolio of Investments for open written options at April 30, 2011.
receive a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. Recovery values are assumed by market makers considering either industry standard recovery rates or entity specific factors and considerations until a credit event occurs. If a credit event has occurred, the recovery value is determined by a facilitated auction whereby a minimum number of allowable broker bids, together with a specified valuation method, are used to calculate the settlement value.
Purchases | Sales | |||||||||
---|---|---|---|---|---|---|---|---|---|---|
Global Equity Dividend | $ | 42,952,112 | $ | 89,123,523 | ||||||
Global Natural Resources | 27,205,460 | 19,764,611 | ||||||||
Global Real Estate | 1,163,545,883 | 635,127,673 | ||||||||
Global Value Choice | 388,621,215 | 209,288,705 | ||||||||
Emerging Countries | 89,700,538 | 99,141,755 | ||||||||
Global Opportunities | 41,075,946 | 80,979,423 | ||||||||
Greater China | 26,127,422 | 28,769,891 | ||||||||
Index Plus International Equity | 71,086,747 | 122,098,673 | ||||||||
International Capital Appreciation | 21,897,246 | 83,116,030 | ||||||||
International Core | 303,276,024 | 50,941,791 | ||||||||
International Growth | 183,657,172 | 21,324,302 | ||||||||
International Real Estate | 270,525,840 | 290,082,055 | ||||||||
International SmallCap Multi-Manager | 98,678,747 | 114,439,927 | ||||||||
International Value | 925,487,882 | 1,200,823,447 | ||||||||
International Value Choice | 16,023,748 | 13,216,666 | ||||||||
Russia | 99,848,693 | 91,372,802 | ||||||||
Global Bond | 162,236,270 | 149,801,231 | ||||||||
Diversified International | 138,001,540 | 169,412,474 |
Purchases | Sales | |||||||||
---|---|---|---|---|---|---|---|---|---|---|
Global Bond | $ | 728,100,236 | $ | 713,545,667 |
As a Percentage of Average Daily Net Assets | ||||||
---|---|---|---|---|---|---|
Global Equity Dividend | 0.70% | |||||
Global Natural Resources | 1.00% on first $50 million; and 0.75% thereafter | |||||
Global Real Estate | 0.80% on the first $250 million; 0.775% on the next $250 million; and 0.70% thereafter | |||||
Global Value Choice | 0.90% on the first $500 million; 0.80% on the next $500 million; and 0.75% thereafter | |||||
Emerging Countries(1) | 1.00% | |||||
Global Opportunities | 0.90% on the first $500 million; and 0.85% thereafter | |||||
Greater China | 1.15% on the first $100 million; 1.05% on the next $150 million; and 0.95% thereafter | |||||
Index Plus International Equity | 0.55% | |||||
International Capital Appreciation(2) | 0.85% on the first $500 million; 0.80% on the next $500 million; and 0.75% thereafter | |||||
International Core | 0.75% | |||||
International Growth | 0.75% | |||||
International Real Estate | 1.00% on the first $250 million; 0.90% on the next $250 million; and 0.80% thereafter | |||||
International SmallCap Multi-Manager(2) | 1.00% on first $500 million; 0.90% on next $500 million; and 0.85% thereafter | |||||
International Value(2),(3) | 1.00% on the first $1.5 billion; 0.70% on the next $750 million; and 0.65% thereafter (applied to all assets of the Fund) | |||||
International Value Choice(4) | 1.00% | |||||
Russia | 1.25% | |||||
Global Bond | 0.40% | |||||
Diversified International | 0.00% |
(1) | Effective January 1, 2011, the advisory fee for Emerging Countries was revised from 1.25% to the fee set forth in the table above and the sharing waiver was eliminated. |
(2) | ING Investments has contractually agreed to waive a portion of the advisory fee for International Capital Appreciation, International SmallCap Multi-Manager and International Value. These advisory fee waivers will continue through at least March 1, 2012 for International Capital Appreciation, International SmallCap Multi-Manager and International Value. There is no guarantee that these waivers will continue after this date. These agreements will only renew if ING Investments elects to renew them. |
(3) | Effective February 1, 2011, the advisory fees for International Value were revised from 1.00% on the first $5 billion; 0.95% on the next $2.5 billion; 0.90% on the next $2.5 billion and 0.85% of assets in excess of $10 billion to the fees set forth in the table above. |
(4) | Pursuant to a side agreement, ING Investments has agreed to waive 0.10% of the advisory fee for International Value Choice through March 1, 2012 for the Fund. There is no guarantee that this waiver will continue after that date. The waiver agreement will only renew if ING Investments elects to renew it. |
Fund | Sub Adviser | |||||
---|---|---|---|---|---|---|
Global Equity Dividend | ING Investment Management Advisors B.V* | |||||
Global Natural Resources | ING Investment Management Co.* | |||||
Global Real Estate | ING Clarion Real Estate Securities, LLC* | |||||
Global Value Choice | Tradewinds Global Investors, LLC | |||||
Emerging Countries | ING Investment Management Advisors B.V* | |||||
Global Opportunities | ING Investment Management Advisors B.V.* | |||||
Greater China | ING Investment Management Asia/Pacific (Hong Kong) Limited* | |||||
Index Plus International Equity | ING Investment Management Co.* | |||||
International Capital Appreciation | Hansberger Global Investors, Inc. | |||||
International Core | Thornburg Investment Management, Inc. and Wellington Management Company, LLP | |||||
International Growth | Baillie Gifford Overseas Limited and T. Rowe Price Associates, Inc. | |||||
International Real Estate | ING Clarion Real Estate Securities, LLC* | |||||
International SmallCap Multi-Manager | Acadian Asset Management LLC and Schroder Investment Management North America, Inc. | |||||
International Value | Brandes Investment Partners, L.P., del Rey Global Investors, LLC and ING Investment Management Co.* | |||||
International Value Choice | Tradewinds Global Investors, LLC | |||||
Russia | ING Investment Management Advisors B.V* | |||||
Global Bond | ING Investment Management Co.* |
Global Natural Resources | $ 247 | |||||||||
Global Real Estate | 4,788 | |||||||||
Global Value Choice | 5,126 | |||||||||
Index Plus International Equity | 47 | |||||||||
International SmallCap Multi-Manager | 217 | |||||||||
International Value | 1,185 | |||||||||
International Value Choice | 94 | |||||||||
Global Bond | 762 |
(1) | Class Q shareholders of Global Value Choice, Global Opportunities, International SmallCap Multi-Manager and International Value incurred a service fee of 0.25% until conversion to Class W shares of each respective Fund on November 20, 2009. Class Q shareholder of Emerging Countries and International Capital Appreciation incurred a service fee of 0.25% until conversion to Class W shares of each Fund on March 8, 2010. |
Class A | Class B | Class C | Class O | Class R | ||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Global Equity Dividend | 0.25 | % | 1.00 | % | 1.00 | % | 0.25 | % | N/A | |||||||||||||
Global Natural Resources | 0.25 | % | N/A | N/A | N/A | N/A | ||||||||||||||||
Global Real Estate | 0.25 | % | 1.00 | % | 1.00 | % | 0.25 | % | N/A | |||||||||||||
Global Value Choice | 0.25 | % | 1.00 | % | 1.00 | % | N/A | N/A | ||||||||||||||
Emerging Countries | 0.35 | %(1) | 1.00 | % | 1.00 | % | N/A | N/A | ||||||||||||||
Global Opportunities | 0.25 | % | 1.00 | % | 1.00 | % | N/A | N/A | ||||||||||||||
Greater China | 0.25 | % | 1.00 | % | 1.00 | % | 0.25 | % | N/A | |||||||||||||
Index Plus International Equity | 0.25 | % | 1.00 | % | 1.00 | % | 0.25 | % | N/A | |||||||||||||
International Capital Appreciation | 0.25 | % | 1.00 | % | 1.00 | % | N/A | N/A | ||||||||||||||
International Real Estate | 0.25 | % | 1.00 | % | 1.00 | % | N/A | N/A | ||||||||||||||
International SmallCap Multi-Manager | 0.35 | % | 1.00 | % | 1.00 | % | 0.25 | % | N/A | |||||||||||||
International Value | 0.30 | % | 1.00 | % | 1.00 | % | N/A | N/A | ||||||||||||||
International Value Choice | 0.25 | % | 1.00 | % | 1.00 | % | N/A | N/A | ||||||||||||||
Russia | 0.25 | % | N/A | N/A | N/A | N/A | ||||||||||||||||
Global Bond | 0.25 | % | 1.00 | % | 1.00 | % | 0.25 | % | N/A | |||||||||||||
Diversified International | 0.25 | % | 1.00 | % | 1.00 | % | 0.25 | % | 0.50 | % |
(1) | The Distributor has agreed to waive 0.10% of the Distribution Fee for Class A shares of Emerging Countries through March 1, 2012. For the six months ended April 30, 2011, the Distributor waived $41,018 for Class A shares of Emerging Countries. |
Class A Shares | Class C Shares | |||||||||
---|---|---|---|---|---|---|---|---|---|---|
Initial Sales Charges: | ||||||||||
Global Equity Dividend | $ | 3,760 | N/A | |||||||
Global Natural Resources | 37,282 | N/A | ||||||||
Global Real Estate | 102,962 | N/A | ||||||||
Global Value Choice | 92,407 | N/A | ||||||||
Emerging Countries | 5,128 | N/A | ||||||||
Global Opportunities | 961 | N/A | ||||||||
Greater China | 7,231 | N/A |
Class A Shares | Class C Shares | |||||||||
---|---|---|---|---|---|---|---|---|---|---|
Index Plus International Equity | $ | 168 | N/A | |||||||
International Capital Appreciation | 560 | N/A | ||||||||
International Real Estate | 6,747 | N/A | ||||||||
International SmallCap Multi-Manager | 1,734 | N/A | ||||||||
International Value | 1,732 | N/A | ||||||||
International Value Choice | 1,822 | N/A | ||||||||
Russia | 103,559 | N/A | ||||||||
Global Bond | 18,088 | N/A | ||||||||
Diversified International | 3,120 | N/A | ||||||||
Contingent Deferred Sales Charges: | ||||||||||
Global Equity Dividend | — | 647 | ||||||||
Global Natural Resources | — | N/A | ||||||||
Global Real Estate | 67,924 | 5,631 | ||||||||
Global Value Choice | 702 | 1,550 | ||||||||
Emerging Countries | 4 | 139 | ||||||||
Global Opportunities | 520 | 362 | ||||||||
Greater China | 202 | 155 | ||||||||
Index Plus International Equity | — | 4 | ||||||||
International Capital Appreciation | 178 | 202 | ||||||||
International Real Estate | 253 | 321 | ||||||||
International SmallCap Multi-Manager | — | 331 | ||||||||
International Value | 2,327 | 901 | ||||||||
International Value Choice | 398 | 82 | ||||||||
Russia | 29 | N/A | ||||||||
Global Bond | — | 8,593 | ||||||||
Diversified International | 485 | 1,570 |
Fund | Accrued Investment Management Fees | Accrued Administrative Fees | Accrued Shareholder Service and Distribution Fees | Total | ||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Global Equity Dividend | $ | 62,529 | $ | 8,933 | $ | 41,549 | $ | 113,011 | ||||||||||
Global Natural Resources | 98,259 | 11,731 | 27,708 | 137,698 | ||||||||||||||
Global Real Estate | 2,108,810 | 296,119 | 487,105 | 2,892,034 | ||||||||||||||
Global Value Choice | 513,731 | 59,079 | 183,334 | 756,144 | ||||||||||||||
Emerging Countries | 139,132 | 13,913 | 31,432 | 184,477 | ||||||||||||||
Global Opportunities | 85,835 | 8,177 | 46,889 | 140,901 | ||||||||||||||
Greater China | 42,176 | 3,667 | 13,994 | 59,837 | ||||||||||||||
Index Plus International Equity | 45,636 | 8,297 | 12,996 | 66,929 | ||||||||||||||
International Capital Appreciation | 35,687 | 4,198 | 12,735 | 52,620 | ||||||||||||||
International Core | 169,797 | 22,639 | — | 192,436 | ||||||||||||||
International Growth | 107,434 | 14,324 | — | 121,758 | ||||||||||||||
International Real Estate | 483,966 | 52,789 | 77,395 | 614,150 | ||||||||||||||
International SmallCap Multi-Manager | 390,451 | 39,045 | 70,684 | 500,180 | ||||||||||||||
International Value | 859,818 | 85,981 | 274,840 | 1,220,639 | ||||||||||||||
International Value Choice | 39,405 | 4,378 | 10,615 | 54,398 | ||||||||||||||
Russia | 530,359 | 42,428 | 103,799 | 676,586 | ||||||||||||||
Global Bond | 171,185 | 42,796 | 108,251 | 322,232 | ||||||||||||||
Diversified International | — | 14,586 | 76,457 | 91,043 |
ING Portfolios or Subsidiaries | Fund | Percentage | ||||||||
---|---|---|---|---|---|---|---|---|---|---|
ING Capital Allocation Fund | Emerging Countries | 9.58 | % | |||||||
Global Equity Dividend | 6.67 | % | ||||||||
Index Plus International Equity | 24.24 | % | ||||||||
Diversified International | Emerging Countries | 20.11 | % | |||||||
International Core | 16.50 | % | ||||||||
International Growth | 20.30 | % | ||||||||
International Value Choice | 31.51 | % | ||||||||
ING Global Target Payment Fund | Index Plus International Equity | 13.42 | % | |||||||
ING Life Insurance & Annuity Company | International Smallcap Multi Manager | 7.71 | % | |||||||
ING National Trust | International Capital Appreciation | 19.24 | % | |||||||
International Value | 15.50 | % | ||||||||
ING Solution 2015 Portfolio | Global Bond | 8.09 | % | |||||||
International Core | 10.95 | % | ||||||||
International Growth | 9.58 | % | ||||||||
ING Solution 2025 Portfolio | Global Bond | 12.86 | % | |||||||
International Core | 27.37 | % | ||||||||
International Growth | 22.97 | % | ||||||||
ING Solution 2035 Portfolio | Global Bond | 5.52 | % | |||||||
International Core | 25.61 | % | ||||||||
International Growth | 26.26 | % | ||||||||
ING Solution 2045 Portfolio | International Core | 16.55 | % | |||||||
International Growth | 17.00 | % | ||||||||
ING Direct Investing, Inc. | Global Equity Dividend | 13.30 | % | |||||||
Greater China | 21.71 | % | ||||||||
Index Plus International Equity | 45.56 | % | ||||||||
Reliance Trust Company | International Capital Appreciation | 12.20 | % |
Fund | Accrued Expenses | Amount | ||||||
---|---|---|---|---|---|---|---|---|
Global Natural Resources | Transfer Agent | $ | 43,506 | |||||
Postage | 34,476 | |||||||
Index Plus International Equity | Transfer Agent | 65,881 | ||||||
Postage | 49,151 | |||||||
International Value Choice | Custody | 10,140 | ||||||
Transfer Agent | 13,201 | |||||||
Postage | 12,129 | |||||||
Diversified International | Transfer Agent | 114,818 | ||||||
Postage | 87,247 |
Class A | Class B | Class C | Class I | Class O | Class R | Class W | ||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Global Equity Dividend | 1.40 | % | 2.15 | % | 2.15 | % | 1.15 | % | 1.40 | % | N/A | 1.15 | % | |||||||||||||||||
Global Natural Resources(1) | 2.00 | % | N/A | N/A | 1.75 | % | N/A | N/A | 1.75 | % | ||||||||||||||||||||
Global Real Estate(2) | 1.75 | % | 2.50 | % | 2.50 | % | 1.50 | % | 1.75 | % | N/A | 1.50 | % | |||||||||||||||||
Global Value Choice | 1.50 | % | 2.25 | % | 2.25 | % | 1.25 | % | N/A | N/A | 1.25 | % | ||||||||||||||||||
Emerging Countries(3) | 2.25 | % | 2.90 | % | 2.90 | % | 1.75 | % | N/A | N/A | 1.90 | % | ||||||||||||||||||
Global Opportunities(4) | 1.50 | % | 2.25 | % | 2.25 | % | 1.15 | % | N/A | N/A | 1.25 | % | ||||||||||||||||||
Greater China(5) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||||||||||||||||||
Index Plus International Equity | 1.15 | % | 1.90 | % | 1.90 | % | 0.90 | % | 1.15 | % | N/A | N/A | ||||||||||||||||||
International Capital Appreciation | 1.50 | % | 2.25 | % | 2.25 | % | 1.25 | % | N/A | N/A | 1.25 | % | ||||||||||||||||||
International Core | N/A | N/A | N/A | 0.95 | % | N/A | N/A | N/A | ||||||||||||||||||||||
International Growth | N/A | N/A | N/A | 0.99 | % | N/A | N/A | N/A | ||||||||||||||||||||||
International Real Estate | 1.50 | % | 2.25 | % | 2.25 | % | 1.25 | % | N/A | N/A | 1.25 | % | ||||||||||||||||||
International SmallCap Multi-Manager | 1.95 | % | 2.60 | % | 2.60 | % | 1.40 | % | 1.85 | % | N/A | 1.60 | % | |||||||||||||||||
International Value | 1.80 | % | 2.50 | % | 2.50 | % | 1.50 | % | N/A | N/A | 1.50 | % | ||||||||||||||||||
International Value Choice(6) | 1.70 | % | 2.45 | % | 2.45 | % | 1.45 | % | N/A | N/A | 1.45 | % | ||||||||||||||||||
Russia | 2.75 | % | N/A | N/A | 2.50 | % | N/A | N/A | N/A | |||||||||||||||||||||
Global Bond | 0.90 | % | 1.65 | % | 1.65 | % | 0.61 | % | 0.90 | % | N/A | 0.65 | % | |||||||||||||||||
Diversified International(7) | 0.50 | % | 1.25 | % | 1.25 | % | 0.25 | % | 0.50 | % | 0.75 | % | 0.25 | % |
(1) | Pursuant to a side agreement, ING Investments has lowered the expense limits for Global Natural Resources through at least March 1, 2012. The expense limits for Global Natural Resources are 1.85%, 1.60% and 1.60% for Class A, I and W shares, respectively. If, after March 1, 2012, ING Investments elects not to renew the side agreement, the expense limits will revert to the limits listed in the table above. There is no guarantee that this side agreement will continue after that date. The side agreement will only renew if ING Investments elects to renew it. Any fees waived pursuant to the side agreement shall not be eligible for recoupment. |
(2) | Pursuant to a side agreement, ING Investments has lowered the expense limits for Global Real Estate through at least March 1, 2012. The expense limits for Global Real Estate are 1.65%, 2.40%, 2.40%, 1.40%, 1.65% and 1.40% for Class A, B, C, I, O and W shares, respectively. If, after March 1, 2012, ING Investments elects not to renew the side agreement, the expense limits will revert to the limits listed in the table above. There is no guarantee that this side agreement will continue after that date. The side agreement will only renew if ING Investments elects to renew it. Any fees waived pursuant to the side agreement shall not be eligible for recoupment. |
(3) | Pursuant to a side agreement, ING Investments has lowered the expense limits for Emerging Countries through at least March 1, 2012. The expense limits for Emerging Countries are 1.85%, 2.60%, 2.60%, 1.50% and 1.65% for Class A, B, C, I and W shares, respectively. If, after March 1, 2012, ING Investments elects not to renew the side agreement, the expense limits will revert to the limits listed in the table above. There is no guarantee that this side agreement will continue after that date. The side agreement |
will only renew if ING Investments elects to renew it. Any fees waived pursuant to the side agreement shall not be eligible for recoupment. |
(4) | Effective June 30, 2010, pursuant to a side agreement, ING Investments has lowered the expense limit for Global Opportunities to 1.05% for Class I shares through at least March 1, 2012. If, after March 1, 2012, ING Investments elects not to renew the side agreement, the expense limit will revert to the limit listed in the table above. There is no guarantee that this side agreement will continue after that date. The side agreement will only renew if ING Investments elects to renew it. |
(5) | Pursuant to a side agreement, the expense limits for Greater China are 2.10%, 2.85%, 2.85%, 1.85% and 2.10% for Class A, B, C, I and O shares, respectively, through March 1, 2012. There is no guarantee that this side agreement will continue after that date. This side agreement will only renew if ING Investments elects to renew it. Any fees waived pursuant to the side agreement shall not be eligible for recoupment. |
(6) | Pursuant to a side agreement, the expense limits for International Value Choice are 1.60%, 2.35%, 2.35%, 1.35% and 1.35% for Class A, B, C, I and W shares, respectively, through March 1, 2012. If after March 1, 2012, ING Investments elects not to renew the side agreement, the expense limits will revert to the limits listed in the table above. There is no guarantee that this side agreement will continue after that date. The side agreement will only renew if ING Investments elects to renew it. |
(7) | The operating expense limits for Diversified International set out above apply only at the fund level and do not limit the fees payable by the underlying investment companies in which the fund invests. Including the expenses of the underlying investment companies, the expense limits for Diversified International are 1.65%, 2.40%, 2.40%, 1.40%, 1.65%, 1.90% and 1.40% for Class A, B, C, I, O, R and W shares, respectively. |
2012 | 2013 | 2014 | Total | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Global Equity Dividend | $ | 110,823 | $ | 82,448 | $ | — | $ | 193,271 | ||||||||||
Global Opportunities | — | — | 194,656 | 194,656 | ||||||||||||||
Index Plus International Equity | 936,939 | 22,838 | 167,005 | 1,126,782 | ||||||||||||||
International Capital Appreciation | 25,287 | 90,988 | 181,829 | 298,104 | ||||||||||||||
International Core | — | — | 28,368 | 28,368 | ||||||||||||||
International Growth | — | — | 27,483 | 27,483 | ||||||||||||||
Global Bond | 180,782 | 257,987 | 467,756 | 906,525 | ||||||||||||||
Diversified International | 1,429,314 | 499,006 | 304,377 | 2,232,697 |
2012 | 2013 | 2014 | Total | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Global Opportunities | ||||||||||||||||||
Class A | $ | — | $ | 100,498 | $ | 10,326 | $ | 110,824 | ||||||||||
Class B | — | 15,072 | 1,604 | 16,676 | ||||||||||||||
Class C | — | 82,986 | 8,745 | 91,731 | ||||||||||||||
Class I | — | — | 3,170 | 3,170 | ||||||||||||||
Class W | — | 737 | 388 | 1,125 | ||||||||||||||
Index Plus International Equity | ||||||||||||||||||
Class A | $ | 20,368 | $ | 18,784 | $ | 3,030 | $ | 42,182 | ||||||||||
Class B | 3,039 | 2,328 | 293 | 5,660 | ||||||||||||||
Class C | 2,902 | 2,952 | 441 | 6,295 | ||||||||||||||
Class O | 91,828 | 99,705 | 15,815 | 207,348 | ||||||||||||||
International Real Estate | ||||||||||||||||||
Class A | $ | — | $ | 158,438 | $ | 405 | $ | 158,843 | ||||||||||
Class B | — | 6,996 | 96 | 7,092 | ||||||||||||||
Class C | — | 51,655 | 612 | 52,267 | ||||||||||||||
International Value Choice | ||||||||||||||||||
Class A | $ | — | $ | 14,359 | $ | 26,517 | $ | 40,876 | ||||||||||
Class B | — | 2,217 | 1,536 | 3,753 | ||||||||||||||
Class C | — | 4,058 | 6,113 | 10,171 | ||||||||||||||
Class W | — | — | 53 | 53 | ||||||||||||||
Diversified International | ||||||||||||||||||
Class A | $ | — | $ | 39,721 | $ | 31,517 | $ | 71,238 | ||||||||||
Class B | — | 5,831 | 5,039 | 10,870 | ||||||||||||||
Class C | — | 21,687 | 18,076 | 39,763 | ||||||||||||||
Class O | — | 3,159 | 1,122 | 4,281 | ||||||||||||||
Class R | — | 54 | 56 | 110 | ||||||||||||||
Class W | — | 3,964 | 753 | 4,717 |
USD Notional | Cost | |||||||||
---|---|---|---|---|---|---|---|---|---|---|
Balance at 10/31/10 | 155,000,000 | $ | 2,192,817 | |||||||
Options Purchased | 511,250,000 | 4,051,988 | ||||||||
Options Terminated in Closing Sell Transactions | (13,200,000 | ) | (87,780 | ) | ||||||
Options Expired | (390,400,000 | ) | (4,396,279 | ) | ||||||
Balance at 04/30/2011 | 262,650,000 | $ | 1,760,746 |
USD Notional | Premiums Received | |||||||||
---|---|---|---|---|---|---|---|---|---|---|
Balance at 10/31/10 | 206,800,000 | $ | 1,924,987 | |||||||
Options Written | 562,150,000 | 2,474,509 | ||||||||
Options Terminated in Closing Purchase Transactions | — | — | ||||||||
Options Expired | (480,500,000 | ) | (3,255,961 | ) | ||||||
Balance at 04/30/2011 | 288,450,000 | $ | 1,143,535 |
Number of Contracts | Cost | |||||||||
---|---|---|---|---|---|---|---|---|---|---|
Balance at 10/31/10 | — | $ | — | |||||||
Options Purchased | 491 | 385,555 | ||||||||
Options Terminated in Closing Sell Transactions | (163 | ) | (230,985 | ) | ||||||
Options Expired | — | — | ||||||||
Balance at 04/30/2011 | 328 | $ | 154,570 |
Number of Contracts | Premiums Received | |||||||||
---|---|---|---|---|---|---|---|---|---|---|
Balance at 10/31/10 | — | $ | — | |||||||
Options Written | 491 | 128,506 | ||||||||
Options Terminated in Closing Purchase Transactions | (163 | ) | (93,451 | ) | ||||||
Options Expired | — | — | ||||||||
Balance at 04/30/2011 | 328 | $ | 35,055 |
Fund | Days Utilized | Approximate Average Daily Balance for Days Utilized | Approximate Weighted Average Interest Rate for Days Utilized | |||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Global Equity Dividend | 4 | $ | 16,635,000 | 1.42 | % | |||||||||
Emerging Countries | 36 | 1,183,472 | 1.41 | % | ||||||||||
Global Opportunities | 39 | 1,661,667 | 1.43 | % | ||||||||||
Greater China | 7 | 693,571 | 1.40 | % | ||||||||||
Index Plus International Equity | 21 | 1,864,524 | 1.40 | % | ||||||||||
International Capital Appreciation | 26 | 487,308 | 1.42 | % | ||||||||||
International Real Estate | 12 | 1,929,167 | 1.43 | % | ||||||||||
International SmallCap Multi-Manager | 17 | 714,412 | 1.43 | % | ||||||||||
International Value | 109 | 3,123,028 | 1.42 | % | ||||||||||
Russia | 1 | 1,545,000 | 1.39 | % | ||||||||||
Global Bond(1) | 37 | 1,193,919 | 1.42 | % |
(1) | At April 30, 2011, Global Bond had an outstanding balance of $3,715,000. |
Year or | Shares sold | Shares issued in merger | Reinvestment of distributions | Shares redeemed | Shares converted | Net increase (decrease) in shares outstanding | Shares sold | Payments from Distribution settlement/ affiliate (Note 16) | Proceeds from shares issued in merger | Reinvestment of distributions | Redemption fee proceeds | Shares redeemed | Shares converted | Net increase (decrease) | |||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
period ended | # | # | # | # | # | # | ($) | ($) | ($) | ($) | ($) | ($) | ($) | ($) | |||||||||||||||||||||||||||||||||||||||||||||
Global Equity Dividend | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 304,367 | — | 22,709 | (770,302 | ) | — | (443,226 | ) | 3,238,718 | — | — | 243,093 | — | (8,203,943 | ) | — | (4,722,132 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 866,925 | — | 86,029 | (1,812,822 | ) | — | (859,868 | ) | 8,475,129 | — | — | 826,073 | — | (17,858,240 | ) | — | (8,557,038 | ) |
NOTE 12 — CAPITAL SHARES (continued)
Year or | Shares sold | Shares issued in merger | Reinvestment of distributions | Shares redeemed | Shares converted | Net increase (decrease) in shares outstanding | Shares sold | Payments from Distribution settlement/ affiliate (Note 16) | Proceeds from shares issued in merger | Reinvestment of distributions | Redemption fee proceeds | Shares redeemed | Shares converted | Net increase (decrease) | |||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
period ended | # | # | # | # | # | # | ($) | ($) | ($) | ($) | ($) | ($) | ($) | ($) | |||||||||||||||||||||||||||||||||||||||||||||
Global Equity Dividend (continued) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 7,923 | — | 2,294 | (314,755 | ) | — | (304,538 | ) | 82,887 | — | — | 24,563 | — | (3,350,173 | ) | — | (3,242,723 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 35,025 | — | 17,471 | (683,413 | ) | — | (630,917 | ) | 342,001 | — | — | 165,967 | — | (6,646,863 | ) | — | (6,138,895 | ) | |||||||||||||||||||||||||||||||||||||||||
Class C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 183,476 | — | 6,030 | (463,657 | ) | — | (274,151 | ) | 1,950,444 | — | — | 64,427 | — | (4,893,724 | ) | — | (2,878,853 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 188,781 | — | 35,118 | (1,459,491 | ) | — | (1,235,592 | ) | 1,859,348 | — | — | 332,680 | — | (14,234,997 | ) | — | (12,042,969 | ) | |||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 174,133 | — | 9,488 | (126,334 | ) | — | 57,287 | 1,865,541 | — | — | 101,679 | — | (1,343,399 | ) | — | 623,821 | |||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 1,198,519 | — | 12,480 | (204,185 | ) | — | 1,006,814 | 11,619,730 | — | — | 121,733 | — | (1,987,575 | ) | — | 9,753,888 | |||||||||||||||||||||||||||||||||||||||||||
Class O | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 99,817 | — | 389 | (172,933 | ) | — | (72,727 | ) | 1,065,238 | — | — | 4,161 | — | (1,845,392 | ) | — | (775,993 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 218,071 | — | 1,672 | (377,480 | ) | — | (157,737 | ) | 2,141,770 | — | — | 16,065 | — | (3,735,705 | ) | — | (1,577,870 | ) | |||||||||||||||||||||||||||||||||||||||||
Class W | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 341,706 | — | 9,152 | (3,510,275 | ) | — | (3,159,417 | ) | 3,891,718 | — | — | 105,182 | — | (41,249,929 | ) | — | (37,253,029 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 1,658,473 | — | 52,701 | (432,567 | ) | — | 1,278,607 | 17,752,111 | — | — | 551,389 | — | (4,623,735 | ) | — | 13,679,765 | |||||||||||||||||||||||||||||||||||||||||||
Global Natural Resources | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 1,323,450 | — | 4,458 | (805,731 | ) | — | 522,177 | 13,847,738 | — | — | 43,516 | — | (8,410,778 | ) | — | 5,480,476 | |||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 1,360,810 | — | 31,815 | (2,599,161 | ) | — | (1,206,536 | ) | 11,296,166 | — | — | 260,562 | — | (21,434,666 | ) | — | (9,877,938 | ) | |||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 181,082 | — | 128 | (35,993 | ) | — | 145,217 | 1,873,683 | — | — | 1,253 | — | (385,154 | ) | — | 1,489,782 | |||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 758,038 | — | 495 | (486,327 | ) | — | 272,206 | 6,403,842 | — | — | 4,044 | — | (3,683,147 | ) | — | 2,724,739 | |||||||||||||||||||||||||||||||||||||||||||
Class W | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 182,563 | — | 23 | (32,179 | ) | — | 150,407 | 2,513,774 | — | — | 286 | — | (436,198 | ) | — | 2,077,862 | |||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 18,326 | — | 96 | (3,258 | ) | — | 15,164 | 193,162 | — | — | 986 | — | (33,692 | ) | — | 160,456 | |||||||||||||||||||||||||||||||||||||||||||
Global Real Estate | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 21,050,622 | — | 1,638,175 | (12,531,209 | ) | — | 10,157,588 | 346,625,064 | — | — | 26,839,315 | — | (205,808,415 | ) | — | 167,655,964 | |||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 36,101,595 | — | 2,747,909 | (28,902,801 | ) | — | 9,946,703 | 529,789,609 | — | — | 40,220,542 | — | (426,260,118 | ) | — | 143,750,033 | |||||||||||||||||||||||||||||||||||||||||||
Class B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 12,485 | — | 29,731 | (272,380 | ) | — | (230,164 | ) | 169,416 | — | — | 404,086 | — | (3,734,630 | ) | — | (3,161,128 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 65,343 | — | 81,945 | (494,090 | ) | — | (346,802 | ) | 819,763 | — | — | 1,003,378 | — | (5,993,064 | ) | — | (4,169,923 | ) | |||||||||||||||||||||||||||||||||||||||||
Class C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 2,577,535 | — | 252,117 | (1,520,525 | ) | — | 1,309,127 | 37,283,939 | — | — | 3,631,733 | — | (22,037,183 | ) | — | 18,878,489 | |||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 4,642,825 | — | 479,930 | (2,927,692 | ) | — | 2,195,063 | 60,749,179 | — | — | 6,210,490 | — | (37,954,330 | ) | — | 29,005,339 | |||||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 31,051,114 | — | 1,932,155 | (9,913,304 | ) | — | 23,069,965 | 510,824,023 | — | — | 31,681,147 | — | (163,043,787 | ) | — | 379,461,383 | |||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 56,047,518 | — | 2,362,378 | (14,694,987 | ) | — | 43,714,909 | 819,376,161 | — | — | 34,557,613 | — | (216,539,062 | ) | — | 637,394,712 | |||||||||||||||||||||||||||||||||||||||||||
Class O | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 67,558 | — | 689 | (103,914 | ) | — | (35,667 | ) | 1,111,096 | — | — | 11,290 | — | (1,710,073 | ) | — | (587,687 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 149,356 | — | 1,790 | (188,857 | ) | — | (37,711 | ) | 2,206,785 | — | — | 26,198 | — | (2,797,854 | ) | — | (564,871 | ) | |||||||||||||||||||||||||||||||||||||||||
Class W | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 6,099,091 | — | 430,581 | (1,731,369 | ) | — | 4,798,303 | 100,531,485 | — | — | 7,071,230 | — | (28,585,222 | ) | — | 79,017,493 | |||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 8,813,884 | — | 591,867 | (4,773,471 | ) | — | 4,632,280 | 129,335,342 | — | — | 8,679,094 | — | (69,779,415 | ) | — | 68,235,021 | |||||||||||||||||||||||||||||||||||||||||||
Global Value Choice | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 2,893,856 | — | 79,816 | (1,275,835 | ) | — | 1,697,837 | 98,266,804 | — | — | 2,641,110 | — | (43,203,046 | ) | — | 57,704,868 | |||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 5,123,750 | — | 19,446 | (2,928,701 | ) | — | 2,214,495 | 148,107,340 | 218,157 | — | 545,422 | — | (85,125,992 | ) | — | 63,744,927 | |||||||||||||||||||||||||||||||||||||||||||
Class B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 10,789 | — | 1,068 | (42,587 | ) | — | (30,730 | ) | 390,743 | — | — | 37,853 | — | (1,539,803 | ) | — | (1,111,207 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 53,756 | — | 526 | (84,564 | ) | — | (30,282 | ) | 1,632,312 | 10,831 | — | 15,683 | — | (2,589,534 | ) | — | (930,708 | ) | |||||||||||||||||||||||||||||||||||||||||
Class C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 1,284,843 | — | 21,509 | (242,364 | ) | — | 1,063,988 | 41,093,402 | — | — | 673,029 | — | (7,773,362 | ) | — | 33,993,069 | |||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 2,121,677 | — | 3,072 | (613,310 | ) | — | 1,511,439 | 58,258,559 | 94,969 | — | 81,317 | — | (16,836,867 | ) | — | 41,597,978 | |||||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 2,737,466 | — | 13,977 | (630,964 | ) | — | 2,120,479 | 92,912,532 | — | — | 466,130 | — | (21,687,117 | ) | — | 71,691,545 | |||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 4,714,094 | — | 3,454 | (376,334 | ) | — | 4,341,214 | 139,901,518 | 52,839 | — | 97,710 | — | (10,950,977 | ) | — | 129,101,090 |
NOTE 12 — CAPITAL SHARES (continued)
Year or | Shares sold | Shares issued in merger | Reinvestment of distributions | Shares redeemed | Shares converted | Net increase (decrease) in shares outstanding | Shares sold | Payments from Distribution settlement/ affiliate (Note 16) | Proceeds from shares issued in merger | Reinvestment of distributions | Redemption fee proceeds | Shares redeemed | Shares converted | Net increase (decrease) | |||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
period ended | # | # | # | # | # | # | ($) | ($) | ($) | ($) | ($) | ($) | ($) | ($) | |||||||||||||||||||||||||||||||||||||||||||||
Global Value Choice (continued) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class Q(2) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 94,329 | — | 141 | (90,249 | ) | (89,157 | ) | (84,936 | ) | 164,212 | — | — | 4,706 | — | (35,023 | ) | (2,937,993 | ) | (2,804,098 | ) | |||||||||||||||||||||||||||||||||||||||
Class W | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 721,931 | — | 17,023 | (256,888 | ) | — | 482,066 | 24,643,323 | — | — | 566,853 | — | (8,779,830 | ) | — | 16,430,346 | |||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 968,515 | — | 544 | (144,162 | ) | 104,290 | 929,187 | 28,782,179 | 12,728 | — | 15,268 | — | (4,229,081 | ) | 2,937,993 | 27,519,087 | |||||||||||||||||||||||||||||||||||||||||||
Emerging Countries | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 105,628 | — | — | (419,916 | ) | — | (314,288 | ) | 3,115,838 | — | — | — | — | (12,317,921 | ) | — | (9,202,083 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 391,234 | — | — | (677,274 | ) | — | (286,040 | ) | 10,144,971 | — | — | — | — | (17,371,829 | ) | — | (7,226,858 | ) | |||||||||||||||||||||||||||||||||||||||||
Class B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 2,670 | — | — | (39,394 | ) | — | (36,724 | ) | 77,863 | — | — | — | — | (1,139,276 | ) | — | (1,061,413 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 9,310 | — | — | (84,210 | ) | — | (74,900 | ) | 241,118 | — | — | — | — | (2,117,568 | ) | — | (1,876,450 | ) | |||||||||||||||||||||||||||||||||||||||||
Class C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 21,618 | — | — | (99,581 | ) | — | (77,963 | ) | 587,846 | — | — | — | — | (2,698,097 | ) | — | (2,110,251 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 73,192 | — | — | (244,887 | ) | — | (171,695 | ) | 1,764,576 | — | — | — | — | (5,865,221 | ) | — | (4,100,645 | ) | |||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 699,307 | — | 3,421 | (921,497 | ) | — | (218,769 | ) | 21,228,842 | — | — | 102,964 | — | (27,572,699 | ) | — | (6,240,893 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 2,259,040 | — | — | (1,076,917 | ) | — | 1,182,123 | 60,266,679 | — | — | — | — | (27,249,282 | ) | — | 33,017,397 | |||||||||||||||||||||||||||||||||||||||||||
Class Q(3) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 32,646 | — | — | (91,200 | ) | (256,659 | ) | (315,213 | ) | 859,069 | — | — | — | — | (2,418,652 | ) | (6,866,484 | ) | (8,426,067 | ) | |||||||||||||||||||||||||||||||||||||||
Class W | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 51,273 | — | 208 | (87,922 | ) | — | (36,441 | ) | 1,619,880 | — | — | 6,549 | — | (2,714,786 | ) | — | (1,088,357 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 39,306 | — | — | (86,880 | ) | 254,590 | 207,016 | 1,086,722 | — | — | — | — | (2,344,010 | ) | 6,866,484 | 5,609,196 | |||||||||||||||||||||||||||||||||||||||||||
Global Opportunities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 160,183 | — | 74,798 | (1,154,705 | ) | — | (919,724 | ) | 2,332,254 | — | — | 1,056,894 | — | (16,799,468 | ) | — | (13,410,320 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 614,053 | — | — | (3,972,450 | ) | — | (3,358,397 | ) | 8,153,063 | — | — | — | — | (52,591,257 | ) | — | (44,438,194 | ) | |||||||||||||||||||||||||||||||||||||||||
Class B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 1,625 | — | 6,822 | (177,858 | ) | — | (169,411 | ) | 22,218 | — | — | 92,709 | — | (2,499,578 | ) | — | (2,384,651 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 1,570 | — | — | (464,057 | ) | — | (462,487 | ) | 21,114 | — | — | — | — | (5,819,434 | ) | — | (5,798,320 | ) | |||||||||||||||||||||||||||||||||||||||||
Class C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 29,166 | — | 36,540 | (1,148,648 | ) | — | (1,082,942 | ) | 406,593 | — | — | 496,576 | — | (16,066,968 | ) | — | (15,163,799 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 327,260 | — | — | (2,866,616 | ) | — | (2,539,356 | ) | 4,200,079 | — | — | — | — | (36,057,889 | ) | — | (31,857,810 | ) | |||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 41,188 | — | 7,787 | (225,847 | ) | — | (176,872 | ) | 611,529 | — | — | 111,976 | — | (3,341,469 | ) | — | (2,617,964 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 698,191 | — | — | (5,029,565 | ) | — | (4,331,374 | ) | 9,920,604 | — | — | — | — | (65,889,490 | ) | — | (55,968,886 | ) | |||||||||||||||||||||||||||||||||||||||||
Class Q(2) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | — | — | — | — | (1,775 | ) | (1,775 | ) | — | — | — | — | — | — | (24,700 | ) | (24,700 | ) | |||||||||||||||||||||||||||||||||||||||||
Class W | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 614 | — | 278 | (87,832 | ) | — | (86,940 | ) | 10,070 | — | — | 4,300 | — | (1,389,660 | ) | — | (1,375,290 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 82,610 | — | — | (28,018 | ) | 1,677 | 56,269 | 1,209,837 | — | — | — | — | (389,991 | ) | 24,700 | 844,546 | |||||||||||||||||||||||||||||||||||||||||||
Greater China | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 186,946 | — | 18,368 | (358,656 | ) | — | (153,342 | ) | 3,153,933 | — | — | 301,232 | — | (5,990,520 | ) | — | (2,535,355 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 562,404 | — | 30,852 | (1,068,369 | ) | — | (475,113 | ) | 8,263,372 | — | — | 455,094 | — | (15,405,908 | ) | — | (6,687,442 | ) | |||||||||||||||||||||||||||||||||||||||||
Class B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 2,151 | — | 586 | (24,542 | ) | — | (21,805 | ) | 35,867 | — | — | 9,542 | — | (399,485 | ) | — | (354,076 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 11,223 | — | 1,446 | (71,364 | ) | — | (58,695 | ) | 163,319 | — | — | 21,202 | — | (1,011,153 | ) | — | (826,632 | ) | |||||||||||||||||||||||||||||||||||||||||
Class C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 39,536 | — | 1,538 | (38,736 | ) | — | 2,338 | 655,088 | — | — | 25,045 | — | (643,069 | ) | — | 37,064 | |||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 125,268 | — | 4,167 | (209,770 | ) | — | (80,335 | ) | 1,852,886 | — | — | 61,091 | — | (3,035,530 | ) | — | (1,121,553 | ) | |||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 22,890 | — | 1,102 | (37,084 | ) | — | (13,092 | ) | 383,628 | — | — | 18,065 | — | (618,319 | ) | — | (216,626 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 139,550 | — | 938 | (54,154 | ) | — | 86,334 | 2,090,745 | — | — | 13,788 | — | (795,411 | ) | — | 1,309,122 |
(2) | Effective November 20, 2009, Class Q shareholders of Global Value Choice, Global Opportunities, International SmallCap Multi-Manager and International Value were converted to Class W shares of each respective Fund. |
(3) | Effective March 8, 2010, Class Q shareholders of Emerging Countries and International Capital Appreciation were converted to Class W shares of each respective Fund. |
NOTE 12 — CAPITAL SHARES (continued)
Year or | Shares sold | Shares issued in merger | Reinvestment of distributions | Shares redeemed | Shares converted | Net increase (decrease) in shares outstanding | Shares sold | Payments from Distribution settlement/ affiliate (Note 16) | Proceeds from shares issued in merger | Reinvestment of distributions | Redemption fee proceeds | �� | Shares redeemed | Shares converted | Net increase (decrease) | ||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
period ended | # | # | # | # | # | # | ($) | ($) | ($) | ($) | ($) | ($) | ($) | ($) | |||||||||||||||||||||||||||||||||||||||||||||
Greater China (continued) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class O | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 111,332 | — | 1 | (54,393 | ) | — | 56,940 | 1,837,088 | — | — | 17 | — | (893,944 | ) | — | 943,161 | |||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 221,453 | — | — | (152,009 | ) | — | 69,444 | 3,243,169 | — | — | — | — | (2,199,401 | ) | — | 1,043,768 | |||||||||||||||||||||||||||||||||||||||||||
Index Plus International Equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 62,597 | — | 13,812 | (147,145 | ) | — | (70,736 | ) | 542,026 | — | — | 115,330 | — | (1,274,257 | ) | — | (616,901 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 126,350 | — | 19,995 | (204,662 | ) | — | (58,317 | ) | 1,002,690 | 1,182 | — | 158,654 | — | (1,604,935 | ) | — | (442,409 | ) | |||||||||||||||||||||||||||||||||||||||||
Class B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 13 | — | 278 | (25,428 | ) | — | (25,137 | ) | 112 | — | — | 2,339 | — | (223,668 | ) | — | (221,217 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 1,442 | — | 1,260 | (66,899 | ) | — | (64,197 | ) | 11,844 | 127 | — | 10,068 | — | (524,252 | ) | — | (502,213 | ) | |||||||||||||||||||||||||||||||||||||||||
Class C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 2,157 | — | 529 | (14,713 | ) | — | (12,027 | ) | 18,801 | — | — | 4,422 | — | (126,151 | ) | — | (102,928 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 16,860 | — | 1,572 | (59,997 | ) | — | (41,565 | ) | 133,565 | 178 | — | 12,475 | — | (461,012 | ) | — | (314,794 | ) | |||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 3,062,278 | — | 161,820 | (8,390,884 | ) | — | (5,166,786 | ) | 26,198,305 | — | — | 1,352,813 | — | (74,192,991 | ) | — | (46,641,873 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 6,522,224 | — | 129,035 | (3,480,056 | ) | — | 3,171,203 | 46,778,930 | 6,746 | — | 1,023,724 | — | (27,889,386 | ) | — | 19,920,014 | |||||||||||||||||||||||||||||||||||||||||||
Class O | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 236,849 | — | 3,588 | (505,686 | ) | — | (265,249 | ) | 2,012,038 | — | — | 29,742 | — | (4,337,056 | ) | — | (2,295,276 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 396,697 | — | 6,275 | (975,579 | ) | — | (572,607 | ) | 3,094,755 | 6,130 | — | 49,354 | — | (7,629,960 | ) | — | (4,479,721 | ) | |||||||||||||||||||||||||||||||||||||||||
International Capital Appreciation | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 123,813 | — | 7,316 | (470,003 | ) | — | (338,874 | ) | 1,327,874 | — | — | 76,020 | — | (4,970,903 | ) | — | (3,567,009 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 254,793 | — | — | (676,394 | ) | — | (421,601 | ) | 2,406,542 | 4,565 | — | — | — | (6,403,411 | ) | — | (3,992,304 | ) | |||||||||||||||||||||||||||||||||||||||||
Class B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 5 | — | 141 | (109,410 | ) | — | (109,264 | ) | 49 | — | — | 1,462 | — | (1,154,016 | ) | — | (1,152,505 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 12,264 | — | — | (248,489 | ) | — | (236,225 | ) | 120,843 | 720 | — | — | — | (2,291,677 | ) | — | (2,170,114 | ) | |||||||||||||||||||||||||||||||||||||||||
Class C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 6,990 | — | 267 | (52,549 | ) | — | (45,292 | ) | 73,746 | — | — | 2,780 | — | (556,027 | ) | — | (479,501 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 30,886 | — | — | (148,512 | ) | — | (117,626 | ) | 293,890 | 1,413 | — | — | — | (1,390,616 | ) | — | (1,095,313 | ) | |||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 74,152 | — | 44,069 | (5,270,413 | ) | — | (5,152,192 | ) | 778,790 | — | — | 455,742 | — | (56,031,171 | ) | — | (54,796,639 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 2,169,135 | — | — | (2,964,930 | ) | — | (795,795 | ) | 20,494,871 | 8,679 | — | — | — | (28,544,870 | ) | — | (8,041,320 | ) | |||||||||||||||||||||||||||||||||||||||||
Class Q(3) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 37,938 | — | — | (104,931 | ) | (1,225,201 | ) | (1,292,194 | ) | 364,883 | — | — | — | — | (1,009,772 | ) | (11,746,943 | ) | (12,391,832 | ) | |||||||||||||||||||||||||||||||||||||||
Class W | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 12,164 | — | 6,724 | (102,435 | ) | — | (83,547 | ) | 131,727 | — | — | 69,771 | — | (1,093,366 | ) | — | (891,868 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 155,240 | — | — | (312,970 | ) | 1,225,201 | 1,067,471 | 1,481,249 | 2,087 | — | — | — | (2,977,745 | ) | 11,746,943 | 10,252,534 | |||||||||||||||||||||||||||||||||||||||||||
International Core | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
02-08-11(1)-04-30-11 | 28,295,624 | — | — | (2,275,475 | ) | — | 26,020,149 | 281,252,698 | — | — | — | — | (23,262,907 | ) | — | 257,989,791 | |||||||||||||||||||||||||||||||||||||||||||
International Growth | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
01-05-11(1)-04-30-11 | 18,552,948 | — | — | (2,112,531 | ) | — | 16,440,417 | 186,803,372 | — | — | — | — | (22,234,845 | ) | — | 164,568,527 | |||||||||||||||||||||||||||||||||||||||||||
International Real Estate | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 4,872,588 | — | 1,053,092 | (2,176,542 | ) | — | 3,749,138 | 42,645,420 | — | — | 9,113,043 | — | (19,042,091 | ) | — | 32,716,372 | |||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 17,430,471 | — | 1,077,729 | (5,113,917 | ) | — | 13,394,283 | 143,696,684 | — | — | 8,750,749 | — | (40,981,653 | ) | — | 111,465,780 | |||||||||||||||||||||||||||||||||||||||||||
Class B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 2,277 | — | 8,092 | (42,028 | ) | — | (31,659 | ) | 19,660 | — | — | 69,857 | — | (368,104 | ) | — | (278,587 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 6,840 | — | 24,106 | (147,551 | ) | — | (116,605 | ) | 56,443 | — | — | 195,645 | — | (1,177,651 | ) | — | (925,563 | ) | |||||||||||||||||||||||||||||||||||||||||
Class C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 236,485 | — | 65,511 | (517,409 | ) | — | (215,413 | ) | 2,065,855 | — | — | 564,912 | — | (4,502,889 | ) | — | (1,872,122 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 522,991 | — | 141,243 | (897,985 | ) | — | (233,751 | ) | 4,272,321 | — | — | 1,145,053 | — | (7,065,323 | ) | — | (1,647,949 | ) |
(1) | Commencement of operations. |
(3) | Effective March 8, 2010, Class Q shareholders of Emerging Countries and International Capital Appreciation were converted to Class W shares of each respective Fund. |
NOTE 12 — CAPITAL SHARES (continued)
Year or | Shares sold | Shares issued in merger | Reinvestment of distributions | Shares redeemed | Shares converted | Net increase (decrease) in shares outstanding | Shares sold | Payments from Distribution settlement/ affiliate (Note 16) | Proceeds from shares issued in merger | Reinvestment of distributions | Redemption fee proceeds | Shares redeemed | Shares converted | Net increase (decrease) | |||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
period ended | # | # | # | # | # | # | ($) | ($) | ($) | ($) | ($) | ($) | ($) | ($) | |||||||||||||||||||||||||||||||||||||||||||||
International Real Estate (continued) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 3,025,078 | — | 251,489 | (7,227,132 | ) | — | (3,950,565 | ) | 26,508,997 | — | — | 2,179,937 | — | (63,262,317 | ) | — | (34,573,383 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 11,079,060 | — | 793,073 | (16,225,470 | ) | — | (4,353,337 | ) | 88,767,647 | — | — | 6,460,402 | — | (129,642,398 | ) | — | (34,414,349 | ) | |||||||||||||||||||||||||||||||||||||||||
Class W | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 1,089,641 | — | 19,360 | (135,822 | ) | — | 973,179 | 9,523,506 | — | — | 168,255 | — | (1,198,310 | ) | — | 8,493,451 | |||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 485,261 | — | 11,307 | (157,469 | ) | — | 339,099 | 3,996,867 | — | — | 92,174 | — | (1,255,296 | ) | — | 2,833,745 | |||||||||||||||||||||||||||||||||||||||||||
International SmallCap Multi-Manager | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 410,300 | — | 11,363 | (928,623 | ) | — | (506,960 | ) | 16,411,922 | — | — | 443,542 | — | (37,139,560 | ) | — | (20,284,096 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 818,452 | — | 46,987 | (2,671,591 | ) | — | (1,806,152 | ) | 27,484,915 | 418,709 | — | 1,540,998 | — | (89,612,983 | ) | — | (60,168,361 | ) | |||||||||||||||||||||||||||||||||||||||||
Class B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 139 | — | — | (36,395 | ) | — | (36,256 | ) | 5,748 | — | — | — | — | (1,544,739 | ) | — | (1,538,991 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 2,789 | — | 673 | (127,761 | ) | — | (124,299 | ) | 98,399 | 16,420 | — | 23,427 | — | (4,445,789 | ) | — | (4,307,543 | ) | |||||||||||||||||||||||||||||||||||||||||
Class C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 11,548 | — | — | (102,870 | ) | — | (91,322 | ) | 438,292 | — | — | — | — | (3,859,779 | ) | — | (3,421,487 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 33,453 | — | 6,523 | (238,730 | ) | — | (198,754 | ) | 1,058,863 | 74,919 | — | 201,523 | — | (7,456,868 | ) | — | (6,121,563 | ) | |||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 723,467 | — | 21,352 | (501,651 | ) | — | 243,168 | 28,792,807 | — | — | 832,718 | — | (20,158,814 | ) | — | 9,466,711 | |||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 2,065,296 | — | 45,547 | (1,742,521 | ) | — | 368,322 | 69,833,855 | 426,266 | — | 1,490,905 | — | (57,692,823 | ) | — | 14,058,203 | |||||||||||||||||||||||||||||||||||||||||||
Class Q(2) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 11,395 | — | 7,743 | (7,889 | ) | (910,998 | ) | (899,749 | ) | 402,874 | — | — | 276,272 | — | (280,396 | ) | (31,864,997 | ) | (31,466,247 | ) | |||||||||||||||||||||||||||||||||||||||
Class O | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 16,238 | — | — | (8,347 | ) | — | 7,891 | 650,927 | — | — | — | — | (338,845 | ) | — | 312,082 | |||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 24,913 | — | — | (11,765 | ) | — | 13,148 | 826,270 | 2,233 | — | — | — | (390,320 | ) | — | 438,183 | |||||||||||||||||||||||||||||||||||||||||||
Class W | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 128,313 | — | 5,079 | (101,541 | ) | — | 31,851 | 6,109,777 | — | — | 234,552 | — | (4,824,793 | ) | — | 1,519,536 | |||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 238,386 | — | 7,339 | (462,917 | ) | 841,925 | 624,733 | 9,294,968 | 95,983 | — | 285,158 | — | (18,237,990 | ) | 31,864,997 | 23,303,116 | |||||||||||||||||||||||||||||||||||||||||||
International Value | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 1,677,135 | — | 686,040 | (10,936,230 | ) | — | (8,573,055 | ) | 20,027,853 | — | — | 7,896,325 | — | (130,810,096 | ) | — | (102,885,918 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 7,026,226 | — | 710,866 | (25,323,864 | ) | — | (17,586,772 | ) | 78,387,641 | 1,067,929 | — | 8,359,125 | — | (284,580,757 | ) | — | (196,766,062 | ) | |||||||||||||||||||||||||||||||||||||||||
Class B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 951 | — | — | (82,328 | ) | — | (81,377 | ) | 15,442 | — | — | — | — | (989,269 | ) | — | (973,827 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | �� | 21,536 | — | 9,206 | (3,151,447 | ) | — | (3,120,705 | ) | 252,668 | 36,943 | — | 106,986 | — | (34,636,502 | ) | — | (34,239,905 | ) | ||||||||||||||||||||||||||||||||||||||||
Class C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 105,058 | — | 189,953 | (3,152,063 | ) | — | (2,857,052 | ) | 1,195,212 | — | — | 2,125,598 | — | (36,657,744 | ) | — | (33,336,934 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 181,612 | — | 173,077 | (7,377,003 | ) | — | (7,022,314 | ) | 2,030,780 | 413,632 | — | 1,980,048 | — | (80,336,446 | ) | — | (75,911,986 | ) | |||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 6,698,590 | — | 657,656 | (15,662,618 | ) | — | (8,306,372 | ) | 81,589,803 | — | — | 7,536,733 | — | (191,868,919 | ) | — | (102,742,383 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 8,233,085 | — | 725,981 | (24,554,669 | ) | — | (15,595,603 | ) | 92,823,046 | 990,243 | — | 8,507,693 | — | (272,895,909 | ) | — | (170,574,927 | ) | |||||||||||||||||||||||||||||||||||||||||
Class Q(2) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 31,392 | — | 24,859 | (5,338 | ) | (2,194,061 | ) | (2,143,148 | ) | 360,000 | — | — | 293,336 | — | (63,436 | ) | (25,186,398 | ) | (24,596,498 | ) | |||||||||||||||||||||||||||||||||||||||
Class W | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 11,107 | — | 46,330 | (2,082,706 | ) | — | (2,025,269 | ) | 128,517 | — | — | 530,939 | — | (23,979,053 | ) | — | (23,319,597 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 254,958 | — | 4,697 | (374,961 | ) | 2,198,715 | 2,083,409 | 2,705,165 | 36,222 | — | 53,646 | — | (4,246,495 | ) | 25,186,398 | 23,734,936 | |||||||||||||||||||||||||||||||||||||||||||
International Value Choice | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 453,695 | — | 16,674 | (314,628 | ) | — | 155,741 | 5,100,408 | — | — | 183,909 | — | (3,562,857 | ) | — | 1,721,460 | |||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 1,310,027 | — | 11,876 | (864,727 | ) | — | 457,176 | 13,301,696 | — | — | 118,571 | — | (8,753,759 | ) | — | 4,666,508 | |||||||||||||||||||||||||||||||||||||||||||
Class B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 2,188 | — | — | (37,327 | ) | — | (35,139 | ) | 24,464 | — | — | — | — | (414,578 | ) | — | (390,114 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 31,091 | — | 142 | (110,862 | ) | — | (79,629 | ) | 311,747 | — | — | 1,400 | — | (1,113,782 | ) | — | (800,635 | ) | |||||||||||||||||||||||||||||||||||||||||
Class C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 77,547 | — | 874 | (58,508 | ) | — | 19,913 | 854,169 | — | — | 9,548 | — | (647,714 | ) | — | 216,003 | |||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 153,510 | — | 281 | (100,652 | ) | — | 53,139 | 1,531,145 | — | — | 2,772 | — | (1,009,276 | ) | — | 524,641 |
(2) | Effective November 20, 2009, Class Q shareholders of Global Value Choice, Global Opportunities, International SmallCap Multi-Manager and International Value were converted to Class W shares of each respective Fund. |
NOTE 12 — CAPITAL SHARES (continued)
Year or | Shares sold | Shares issued in merger | Reinvestment of distributions | Shares redeemed | Shares converted | Net increase (decrease) in shares outstanding | Shares sold | Payments from Distribution settlement/ affiliate (Note 16) | Proceeds from shares issued in merger | Reinvestment of distributions | Redemption fee proceeds | Shares redeemed | Shares converted | Net increase (decrease) | |||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
period ended | # | # | # | # | # | # | ($) | ($) | ($) | ($) | ($) | ($) | ($) | ($) | |||||||||||||||||||||||||||||||||||||||||||||
International Value Choice (continued) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 1,045,716 | — | 14,302 | (829,083 | ) | — | 230,935 | 11,669,703 | — | — | 157,469 | — | (9,274,535 | ) | — | 2,552,637 | |||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 730,868 | — | 22,826 | (1,997,018 | ) | — | (1,243,324 | ) | 7,510,456 | — | — | 227,476 | — | (20,171,373 | ) | — | (12,433,441 | ) | |||||||||||||||||||||||||||||||||||||||||
Class W | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 6,762 | — | 47 | (530 | ) | — | 6,279 | 75,798 | — | — | 516 | — | (6,077 | ) | — | 70,237 | |||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 3,055 | — | — | (327 | ) | — | 2,728 | 30,970 | — | — | — | — | (3,196 | ) | — | 27,774 | |||||||||||||||||||||||||||||||||||||||||||
Russia | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 894,738 | — | — | (1,084,669 | ) | — | (189,931 | ) | 37,743,055 | — | — | — | 83,654 | (44,852,141 | ) | — | (7,025,432 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 1,844,234 | — | — | (3,034,687 | ) | — | (1,190,453 | ) | 62,096,502 | — | — | — | 369,837 | (99,820,501 | ) | — | (37,354,162 | ) | |||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 90,067 | — | — | (63,249 | ) | — | 26,818 | 3,831,477 | — | — | — | 160 | (2,557,385 | ) | — | 1,274,252 | |||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 287,155 | — | — | (64,795 | ) | — | 222,360 | 9,612,750 | — | — | — | 4,943 | (2,164,098 | ) | — | 7,453,595 | |||||||||||||||||||||||||||||||||||||||||||
Global Bond | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 4,744,166 | — | 526,984 | (5,351,126 | ) | — | (79,976 | ) | 56,482,661 | — | — | 6,190,845 | — | (62,988,931 | ) | — | (315,425 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 13,465,862 | — | 605,364 | (6,875,428 | ) | — | 7,195,798 | 161,645,282 | — | — | 7,244,781 | — | (81,981,963 | ) | — | 86,908,100 | |||||||||||||||||||||||||||||||||||||||||||
Class B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 5,072 | — | 7,352 | (138,614 | ) | — | (126,190 | ) | 59,062 | — | — | 85,696 | — | (1,628,444 | ) | — | (1,483,686 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 118,350 | — | 16,671 | (219,538 | ) | — | (84,517 | ) | 1,409,240 | — | — | 198,357 | — | (2,595,047 | ) | — | (987,450 | ) | |||||||||||||||||||||||||||||||||||||||||
Class C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 852,050 | — | 156,077 | (1,615,976 | ) | — | (607,849 | ) | 10,045,839 | — | — | 1,824,150 | — | (18,925,467 | ) | — | (7,055,478 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 4,660,773 | — | 175,740 | (1,206,636 | ) | — | 3,629,877 | 55,719,364 | — | — | 2,096,768 | — | (14,299,244 | ) | — | 43,516,888 | |||||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 4,278,739 | — | 628,105 | (3,376,851 | ) | — | 1,529,993 | 50,244,872 | — | — | 7,360,851 | — | (39,626,111 | ) | — | 17,979,612 | |||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 12,403,809 | — | 863,246 | (6,327,409 | ) | — | 6,939,646 | 147,582,012 | — | — | 10,302,051 | — | (74,903,934 | ) | — | 82,980,129 | |||||||||||||||||||||||||||||||||||||||||||
Class O | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 74,981 | — | — | (73,150 | ) | — | 1,831 | 872,087 | — | — | — | — | (847,469 | ) | — | 24,618 | |||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 230,740 | — | 26 | (194,721 | ) | — | 36,045 | 2,729,158 | — | — | 304 | — | (2,281,700 | ) | — | 447,762 | |||||||||||||||||||||||||||||||||||||||||||
Class W | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 292,689 | — | 43,263 | (475,257 | ) | — | (139,305 | ) | 3,392,820 | — | — | 500,117 | — | (5,505,392 | ) | — | (1,612,455 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 1,197,217 | — | 25,142 | (182,411 | ) | — | 1,039,948 | 14,196,899 | — | — | 295,702 | — | (2,144,700 | ) | — | 12,347,901 | |||||||||||||||||||||||||||||||||||||||||||
Diversified International | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 633,837 | — | 90,062 | (2,434,757 | ) | — | (1,710,858 | ) | 6,138,403 | — | — | 863,699 | — | (23,612,906 | ) | — | (16,610,804 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 1,461,752 | — | 100,614 | (6,298,412 | ) | — | (4,736,046 | ) | 12,661,601 | — | — | 873,328 | — | (54,252,662 | ) | — | (40,717,733 | ) | |||||||||||||||||||||||||||||||||||||||||
Class B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 238 | — | 2,021 | (363,899 | ) | — | (361,640 | ) | 2,284 | — | — | 19,384 | — | (3,521,593 | ) | — | (3,499,925 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 23,616 | — | 2,543 | (656,163 | ) | — | (630,004 | ) | 203,485 | — | — | 22,049 | — | (5,597,453 | ) | — | (5,371,919 | ) | |||||||||||||||||||||||||||||||||||||||||
Class C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 116,742 | — | 8,099 | (1,211,384 | ) | — | (1,086,543 | ) | 1,120,166 | — | — | 77,503 | — | (11,676,277 | ) | — | (10,478,608 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 407,538 | — | 5,029 | (2,790,681 | ) | — | (2,378,114 | ) | 3,485,817 | — | — | 43,547 | — | (23,814,316 | ) | — | (20,284,952 | ) | |||||||||||||||||||||||||||||||||||||||||
Class I | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 77,454 | — | 3,807 | (276,016 | ) | — | (194,755 | ) | 742,646 | — | — | 36,391 | — | (2,667,890 | ) | — | (1,888,853 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 1,277,026 | — | 3,793 | (684,094 | ) | — | 596,725 | 11,308,009 | �� | — | — | 32,808 | — | (5,797,291 | ) | — | 5,543,526 | ||||||||||||||||||||||||||||||||||||||||||
Class R | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | — | — | 140 | (2,270 | ) | — | (2,130 | ) | — | — | — | 1,332 | — | (22,585 | ) | — | (21,253 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | — | — | 143 | (5,607 | ) | — | (5,464 | ) | — | — | — | 1,233 | — | (44,650 | ) | — | (43,417 | ) | |||||||||||||||||||||||||||||||||||||||||
Class O | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 122,058 | — | — | (48,934 | ) | — | 73,124 | 1,179,465 | — | — | — | — | (469,694 | ) | — | 709,771 | |||||||||||||||||||||||||||||||||||||||||||
10-31-10 | 192,733 | — | — | (107,174 | ) | — | 85,559 | 1,656,643 | — | — | — | — | (908,188 | ) | — | 748,455 | |||||||||||||||||||||||||||||||||||||||||||
Class W | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-11 | 33,092 | — | 3,496 | (46,154 | ) | — | (9,566 | ) | 311,582 | — | — | 33,281 | — | (444,962 | ) | — | (100,099 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-10 | 117,957 | — | 2,777 | (166,936 | ) | — | (46,202 | ) | 1,027,684 | — | — | 23,940 | — | (1,384,104 | ) | — | (332,480 | ) |
Value of Securities Loaned | Cash Collateral Received* | |||||||||
---|---|---|---|---|---|---|---|---|---|---|
Global Equity Dividend | $ | 356,055 | $ | 363,750 | ||||||
Global Real Estate | 81,261,848 | 83,318,176 | ||||||||
Global Value Choice | 19,702,381 | 20,378,083 | ||||||||
Emerging Countries | 2,604,376 | 2,807,215 | ||||||||
Global Opportunities | 490,628 | 532,824 | ||||||||
International Capital Appreciation | 760,153 | 798,300 | ||||||||
International Growth | 3,023,116 | 4,005,605 | ||||||||
International SmallCap Multi-Manager | 1,577,804 | 1,715,346 | ||||||||
International Value | 1,909,831 | 1,951,588 | ||||||||
Russia | 26,002,607 | 27,350,847 |
* | Cash collateral received was invested in the BICR Fund, the fair value of which is presented in the respective Funds’ Summary Portfolios of Investments. |
Six Months Ended April 30, 2011 | Year Ended October 31, 2010 | ||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Ordinary Income | Ordinary Income | Return of Capital | |||||||||||||
Global Equity Dividend | $ | 806,578 | $ | 3,235,341 | $ | — | |||||||||
Global Natural Resources | 53,412 | 302,907 | — | ||||||||||||
Global Real Estate(1) | 22,868,765 | 102,494,757 | — | ||||||||||||
Global Value Choice | 8,009,468 | 1,050,663 | — | ||||||||||||
Emerging Countries | 111,325 | — | — | ||||||||||||
Global Opportunities | 2,205,612 | — | — | ||||||||||||
Greater China | 456,080 | 676,212 | — | ||||||||||||
Index Plus International Equity | 2,092,269 | 2,113,264 | — | ||||||||||||
International Capital Appreciation | 617,483 | — | — | ||||||||||||
International Real Estate | 25,727,256 | 41,280,971 | — | ||||||||||||
International SmallCap Multi-Manager | 2,608,152 | 5,964,767 | — | ||||||||||||
International Value | 23,185,093 | 26,116,194 | — |
Six Months Ended April 30, 2011 | Year Ended October 31, 2010 | ||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Ordinary Income | Ordinary Income | Return of Capital | |||||||||||||
International Value Choice | $ | 391,850 | $ | 364,324 | $ | — | |||||||||
Global Bond | 18,593,490 | 24,041,636 | — | ||||||||||||
Diversified International | 1,252,444 | 927,344 | 293,887 |
(1) | Composition of dividends and distributions presented herein is based on the Fund’s current tax period (four months ended April 30, 2011) and tax year ended December 31, 2010. Composition of current period amounts may change after the Fund’s tax year-end of December 31, 2011. |
Undistributed Ordinary Income | Unrealized Appreciation/ (Depreciation) | Post-October Capital Loss Deferred | Post-October Currency Loss Deferred | Capital Loss Carryforwards | Expiration Dates | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Global Equity Dividend | $ | — | $ | 3,854,875 | $ | — | $ | — | $ | (17,831,335 | ) | 2016 | ||||||||||||||
(71,676,150 | ) | 2017 | ||||||||||||||||||||||||
$ | (89,507,485 | ) | ||||||||||||||||||||||||
Global Natural Resources | — | 11,642,855 | — | — | (19,477,132 | ) | 2017 | |||||||||||||||||||
Global Real Estate(1) | — | 28,444,650 | (6,975,138 | ) | (57,546 | ) | (164,232,218 | ) | 2016 | |||||||||||||||||
(414,424,595 | ) | 2017 | ||||||||||||||||||||||||
$ | (578,656,813 | ) | ||||||||||||||||||||||||
Global Value Choice | 8,009,193 | 49,250,763 | — | — | (6,183,953 | ) | 2011 | |||||||||||||||||||
(7,949,386 | ) | 2017 | ||||||||||||||||||||||||
$ | (14,133,339 | ) | ||||||||||||||||||||||||
Emerging Countries | — | 36,965,247 | — | — | (36,831,166 | ) | 2016 | |||||||||||||||||||
(41,200,730 | ) | 2017 | ||||||||||||||||||||||||
$ | (78,031,896 | ) | ||||||||||||||||||||||||
Global Opportunities | 2,205,502 | 19,134,222 | — | — | (46,932,911 | ) | 2016 | |||||||||||||||||||
(80,200,325 | ) | 2017 | ||||||||||||||||||||||||
$ | (127,133,236 | ) | ||||||||||||||||||||||||
Greater China | 456,008 | 7,976,988 | — | — | (2,095,990 | ) | 2017 | |||||||||||||||||||
Index Plus International Equity | 1,932,073 | 12,290,637 | — | — | (34,254,142 | ) | 2016 | |||||||||||||||||||
(46,742,747 | ) | 2017 | ||||||||||||||||||||||||
$ | (80,996,889 | ) | ||||||||||||||||||||||||
International Capital Appreciation | 553,444 | 10,435,936 | — | — | (242,281 | ) | 2015 | |||||||||||||||||||
(46,983,912 | ) | 2016 | ||||||||||||||||||||||||
(14,842,759 | ) | 2017 | ||||||||||||||||||||||||
$ | (62,068,952 | )* | ||||||||||||||||||||||||
International Real Estate | 21,471,797 | 31,199,888 | — | — | (26,312 | ) | 2014 | |||||||||||||||||||
(2,556,095 | ) | 2015 | ||||||||||||||||||||||||
(67,952,089 | ) | 2016 | ||||||||||||||||||||||||
(159,911,905 | ) | 2017 | ||||||||||||||||||||||||
(43,046,092 | ) | 2018 | ||||||||||||||||||||||||
$ | (273,492,493 | ) | ||||||||||||||||||||||||
International SmallCap Multi-Manager | 2,607,725 | 63,232,091 | — | — | (121,772,726 | ) | 2016 | |||||||||||||||||||
(202,973,948 | ) | 2017 | ||||||||||||||||||||||||
$ | (324,746,674 | ) | ||||||||||||||||||||||||
International Value | 23,183,084 | (26,157,794 | ) | — | — | (810,539,013 | ) | 2017 | ||||||||||||||||||
(70,133,094 | ) | 2018 | ||||||||||||||||||||||||
$ | (880,672,107 | ) | ||||||||||||||||||||||||
International Value Choice | 387,496 | 1,923,441 | — | — | (14,545,893 | ) | 2017 | |||||||||||||||||||
Russia | — | 92,994,862 | — | — | (70,982,152 | ) | 2017 | |||||||||||||||||||
(21,810,157 | ) | 2018 | ||||||||||||||||||||||||
$ | (92,792,309 | ) |
Undistributed Ordinary Income | Unrealized Appreciation/ (Depreciation) | Post-October Capital Loss Deferred | Post-October Currency Loss Deferred | Capital Loss Carryforwards | Expiration Dates | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Global Bond | $ | 10,615,176 | $ | 25,053,569 | $ | — | $ | — | $ | — | ||||||||||||||||
Diversified International | — | 1,941,887 | — | — | (28,060,058 | ) | 2016 | |||||||||||||||||||
(93,445,922 | ) | 2017 | ||||||||||||||||||||||||
(33,117,873 | ) | 2018 | ||||||||||||||||||||||||
$ | (154,623,853 | ) |
(1) | As of the Fund’s tax year ended December 31, 2010. |
* | Utilization of these capital losses is subject to annual limitations under Section 382 of the Internal Revenue Code. |
Emerging Countries | $1,400,280 | |||||
Index Plus International Equity | 497,810 | |||||
International SmallCap Multi-Manager | 2,661,920 | |||||
International Value | 955,441 |
Global Value Choice | $ 389,524 | |||||
International Capital Appreciation | 17,464 | |||||
Index Plus International Equity | 14,363 | |||||
International SmallCap Multi-Manager | 1,034,530 | |||||
International Value | 2,544,969 |
Per Share Amount | Payable Date | Record Date | |||||||
---|---|---|---|---|---|---|---|---|---|
Global Bond | |||||||||
Class A | $ | 0.0400 | May 3, 2011 | April 29, 2011 | |||||
Class B | $ | 0.0324 | May 3, 2011 | April 29, 2011 | |||||
Class C | $ | 0.0326 | May 3, 2011 | April 29, 2011 | |||||
Class I | $ | 0.0435 | May 3, 2011 | April 29, 2011 | |||||
Class O | $ | 0.0401 | May 3, 2011 | April 29, 2011 | |||||
Class W | $ | 0.0424 | May 3, 2011 | April 29, 2011 | |||||
Class A | $ | 0.0400 | June 2, 2011 | May 31, 2011 | |||||
Class B | $ | 0.0324 | June 2, 2011 | May 31, 2011 | |||||
Class C | $ | 0.0324 | June 2, 2011 | May 31, 2011 | |||||
Class I | $ | 0.0437 | June 2, 2011 | May 31, 2011 | |||||
Class O | $ | 0.0401 | June 2, 2011 | May 31, 2011 | |||||
Class W | $ | 0.0426 | June 2, 2011 | May 31, 2011 |
AS OF APRIL 30, 2011 (UNAUDITED)
Shares | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 94.8% | |||||||||||||||||||
Australia: 4.6% | |||||||||||||||||||
45,944 | Australia & New Zealand Banking Group Ltd. | $ | 1,223,819 | 1.1 | |||||||||||||||
388,673 | Telstra Corp., Ltd. | 1,241,456 | 1.1 | ||||||||||||||||
941,241 | Other Securities | 2,649,275 | 2.4 | ||||||||||||||||
5,114,550 | 4.6 | ||||||||||||||||||
Barbados: 0.5% | |||||||||||||||||||
6,461 | Other Securities | 588,726 | 0.5 | ||||||||||||||||
Brazil: 1.4% | |||||||||||||||||||
68,494 | Other Securities | 1,551,571 | 1.4 | ||||||||||||||||
Canada: 2.1% | |||||||||||||||||||
28,351 | TransCanada Corp. | 1,219,858 | 1.1 | ||||||||||||||||
18,670 | Other Securities | 1,126,724 | 1.0 | ||||||||||||||||
2,346,582 | 2.1 | ||||||||||||||||||
China: 0.9% | |||||||||||||||||||
497,105 | Other Securities | 1,033,680 | 0.9 | ||||||||||||||||
Denmark: 0.5% | |||||||||||||||||||
15,342 | Other Securities | 549,810 | 0.5 | ||||||||||||||||
Finland: 0.8% | |||||||||||||||||||
91,754 | Other Securities | 845,275 | 0.8 | ||||||||||||||||
France: 7.1% | |||||||||||||||||||
15,279 | BNP Paribas | 1,207,876 | 1.1 | ||||||||||||||||
25,730 | Carrefour SA | 1,219,143 | 1.1 | ||||||||||||||||
29,472 | GDF Suez | 1,205,091 | 1.1 | ||||||||||||||||
21,982 | Sanofi-Aventis SA | 1,739,152 | 1.5 | ||||||||||||||||
25,928 | Total SA | 1,660,468 | 1.5 | ||||||||||||||||
13,008 | Other Securities | 868,305 | 0.8 | ||||||||||||||||
7,900,035 | 7.1 | ||||||||||||||||||
Germany: 3.8% | |||||||||||||||||||
7,920 | Allianz SE | 1,244,322 | 1.1 | ||||||||||||||||
85,595 | @ | Deutsche Post AG | 1,691,669 | 1.6 | |||||||||||||||
36,262 | E.ON AG | 1,239,405 | 1.1 | ||||||||||||||||
4,175,396 | 3.8 | ||||||||||||||||||
Hong Kong: 1.1% | |||||||||||||||||||
25,661 | China Mobile Ltd. ADR | 1,182,715 | 1.1 | ||||||||||||||||
Ireland: 1.1% | |||||||||||||||||||
49,883 | CRH PLC | 1,228,268 | 1.1 | ||||||||||||||||
Italy: 2.6% | |||||||||||||||||||
63,767 | ENI S.p.A. | 1,707,277 | 1.5 | ||||||||||||||||
363,837 | Intesa Sanpaolo S.p.A | 1,208,470 | 1.1 | ||||||||||||||||
2,915,747 | 2.6 | ||||||||||||||||||
Japan: 11.0% | |||||||||||||||||||
53,100 | Hoya Corp. | 1,143,647 | 1.1 | ||||||||||||||||
6,100 | Nintendo Co., Ltd. | 1,443,345 | 1.4 | ||||||||||||||||
661 | NTT DoCoMo, Inc. | 1,226,403 | 1.1 | ||||||||||||||||
1,173,400 | Other Securities | 8,243,069 | 7.4 | ||||||||||||||||
12,056,464 | 11.0 | ||||||||||||||||||
COMMON STOCK: (continued) | |||||||||||||||||||
Netherlands: 2.8% | |||||||||||||||||||
76,249 | Koninklijke KPN NV | $ | 1,210,113 | 1.0 | |||||||||||||||
58,765 | Other Securities | 1,940,845 | 1.8 | ||||||||||||||||
3,150,958 | 2.8 | ||||||||||||||||||
Portugal: 0.5% | |||||||||||||||||||
133,960 | Other Securities | 547,293 | 0.5 | ||||||||||||||||
Singapore: 1.8% | |||||||||||||||||||
470,000 | Singapore Telecommunications Ltd. | 1,199,735 | 1.0 | ||||||||||||||||
69,500 | Other Securities | 851,512 | 0.8 | ||||||||||||||||
2,051,247 | 1.8 | ||||||||||||||||||
South Africa: 0.5% | |||||||||||||||||||
9,670 | Other Securities | 558,790 | 0.5 | ||||||||||||||||
South Korea: 1.6% | |||||||||||||||||||
20,525 | KT&G Corp. | 1,214,803 | 1.1 | ||||||||||||||||
15,930 | Other Securities | 532,377 | 0.5 | ||||||||||||||||
1,747,180 | 1.6 | ||||||||||||||||||
Spain: 1.6% | |||||||||||||||||||
51,316 | Abertis Infraestructuras SA | 1,215,653 | 1.1 | ||||||||||||||||
45,404 | Other Securities | 579,832 | 0.5 | ||||||||||||||||
1,795,485 | 1.6 | ||||||||||||||||||
Sweden: 0.8% | |||||||||||||||||||
61,808 | Other Securities | 937,845 | 0.8 | ||||||||||||||||
Switzerland: 2.2% | |||||||||||||||||||
26,463 | Credit Suisse Group AG | 1,204,508 | 1.1 | ||||||||||||||||
7,883 | Roche Holding AG | 1,279,568 | 1.1 | ||||||||||||||||
2,484,076 | 2.2 | ||||||||||||||||||
Taiwan: 1.1% | |||||||||||||||||||
92,022 | Taiwan Semiconductor Manufacturing Co., Ltd. ADR | 1,242,297 | 1.1 | ||||||||||||||||
United Kingdom: 6.7% | |||||||||||||||||||
23,690 | AstraZeneca PLC | 1,175,442 | 1.1 | ||||||||||||||||
55,955 | GlaxoSmithKline PLC | 1,222,334 | 1.1 | ||||||||||||||||
109,417 | HSBC Holdings PLC | 1,193,504 | 1.0 | ||||||||||||||||
54,275 | Scottish & Southern Energy Plc | 1,231,320 | 1.1 | ||||||||||||||||
478,100 | Other Securities | 2,645,263 | 2.4 | ||||||||||||||||
7,467,863 | 6.7 | ||||||||||||||||||
United States: 37.7% | |||||||||||||||||||
23,797 | Abbott Laboratories | 1,238,396 | 1.1 | ||||||||||||||||
34,069 | American Electric Power Co., Inc. | 1,242,837 | 1.1 | ||||||||||||||||
53,093 | AT&T, Inc. | 1,652,254 | 1.5 | ||||||||||||||||
28,723 | Baxter International, Inc. | 1,634,339 | 1.5 | ||||||||||||||||
15,274 | Chevron Corp. | 1,671,586 | 1.5 | ||||||||||||||||
47,780 | ConAgra Foods, Inc. | 1,168,221 | 1.1 | ||||||||||||||||
32,711 | Exelon Corp. | 1,378,769 | 1.3 | ||||||||||||||||
59,458 | General Electric Co. | 1,215,916 | 1.1 |
AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED)
Shares | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: (continued) | |||||||||||||||||||
United States: (continued) | |||||||||||||||||||
72,753 | Intel Corp. | $ | 1,687,142 | 1.6 | |||||||||||||||
18,466 | Johnson & Johnson | 1,213,586 | 1.1 | ||||||||||||||||
18,703 | Kimberly-Clark Corp. | 1,235,521 | 1.1 | ||||||||||||||||
35,863 | Kraft Foods, Inc. | 1,204,280 | 1.1 | ||||||||||||||||
15,461 | McDonald’s Corp. | 1,210,751 | 1.1 | ||||||||||||||||
46,076 | Merck & Co., Inc. | 1,656,432 | 1.4 | ||||||||||||||||
61,760 | Microsoft Corp. | 1,606,995 | 1.4 | ||||||||||||||||
24,376 | Molson Coors Brewing Co. | 1,188,330 | 1.1 | ||||||||||||||||
88,973 | People’s United Financial, Inc. | 1,218,040 | 1.1 | ||||||||||||||||
17,723 | PepsiCo, Inc. | 1,220,938 | 1.1 | ||||||||||||||||
78,251 | Pfizer, Inc. | 1,640,141 | 1.5 | ||||||||||||||||
44,208 | PPL Corp. | 1,212,625 | 1.1 | ||||||||||||||||
20,235 | Travelers Cos, Inc. | 1,280,472 | 1.2 | ||||||||||||||||
21,781 | Wal-Mart Stores, Inc. | 1,197,519 | 1.1 | ||||||||||||||||
364,236 | Other Securities | 11,843,960 | 10.5 | ||||||||||||||||
41,819,050 | 37.7 | ||||||||||||||||||
Total Common Stock | |||||||||||||||||||
(Cost $92,194,894) | 105,290,903 | 94.8 | |||||||||||||||||
SHORT-TERM INVESTMENTS: 0.3% | |||||||||||||||||||
Securities Lending: 0.3% | |||||||||||||||||||
239,850 | BNY Mellon Overnight Government Fund(1) | 239,850 | 0.2 | ||||||||||||||||
123,900 | R | BNY Institutional Cash Reserves Fund, Series B(1)(2) | 99,120 | 0.1 | |||||||||||||||
Total Short-Term Investments | |||||||||||||||||||
(Cost $363,750) | 338,970 | 0.3 | |||||||||||||||||
Total Investments in Securities (Cost $92,558,644)* | $ | 105,629,873 | 95.1 | ||||||||||||||||
Assets in Excess of Other Liabilities | 5,448,160 | 4.9 | |||||||||||||||||
Net Assets | $ | 111,078,033 | 100.0 |
@ | Non-income producing security | |
ADR | American Depositary Receipt | |
R | Restricted Security | |
(1) | Collateral received from brokers for securities lending was invested in these short-term investments. | |
(2) | On September 12, 2008, BNY established a separate sleeve of the Institutional Cash Reserves Fund (Series B) to hold certain Lehman Brothers defaulted debt obligations. The Portfolio’s position in Series B is being fair valued daily. Please see the accompanying Notes to Financial Statements for additional details on securities lending. | |
* | Cost for federal income tax purposes is $95,372,342. |
Net unrealized appreciation consists of: | ||||||
Gross Unrealized Appreciation | $ | 14,713,732 | ||||
Gross Unrealized Depreciation | (4,456,201 | ) | ||||
Net Unrealized appreciation | $ | 10,257,531 |
Industry | Percentage of Net Assets | |||||
---|---|---|---|---|---|---|
Consumer Discretionary | 4.5 | % | ||||
Consumer Staples | 13.7 | |||||
Energy | 10.3 | |||||
Financials | 18.1 | |||||
Health Care | 12.5 | |||||
Industrials | 8.3 | |||||
Information Technology | 9.0 | |||||
Materials | 2.5 | |||||
Telecommunications | 7.6 | |||||
Utilities | 8.3 | |||||
Short-Term Investments | 0.3 | |||||
Other Assets and Liabilities — Net | 4.9 | |||||
Net Assets | 100.0 | % |
AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED)
Quoted Prices in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs# (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at 4/30/2011 | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset Table | ||||||||||||||||||
Investments, at value | ||||||||||||||||||
Common Stock | ||||||||||||||||||
Australia | $ | 556,090 | $ | 4,558,460 | $ | — | $ | 5,114,550 | ||||||||||
Barbados | 588,726 | — | — | 588,726 | ||||||||||||||
Brazil | 1,551,571 | — | — | 1,551,571 | ||||||||||||||
Canada | 2,346,582 | — | — | 2,346,582 | ||||||||||||||
China | — | 1,033,680 | — | 1,033,680 | ||||||||||||||
Denmark | — | 549,810 | — | 549,810 | ||||||||||||||
Finland | — | 845,275 | — | 845,275 | ||||||||||||||
France | — | 7,900,035 | — | 7,900,035 | ||||||||||||||
Germany | — | 4,175,396 | — | 4,175,396 | ||||||||||||||
Hong Kong | 1,182,715 | — | — | 1,182,715 | ||||||||||||||
Ireland | — | 1,228,268 | — | 1,228,268 | ||||||||||||||
Italy | — | 2,915,747 | — | 2,915,747 | ||||||||||||||
Japan | — | 12,056,464 | — | 12,056,464 | ||||||||||||||
Netherlands | 1,210,113 | 1,940,845 | — | 3,150,958 | ||||||||||||||
Portugal | — | 547,293 | — | 547,293 | ||||||||||||||
Singapore | — | 2,051,247 | — | 2,051,247 | ||||||||||||||
South Africa | — | 558,790 | — | 558,790 | ||||||||||||||
South Korea | — | 1,747,180 | — | 1,747,180 | ||||||||||||||
Spain | 579,832 | 1,215,653 | — | 1,795,485 | ||||||||||||||
Sweden | — | 937,845 | — | 937,845 | ||||||||||||||
Switzerland | — | 2,484,076 | — | 2,484,076 | ||||||||||||||
Taiwan | 1,242,297 | — | — | 1,242,297 | ||||||||||||||
United Kingdom | — | 7,467,863 | — | 7,467,863 | ||||||||||||||
United States | 41,819,050 | — | — | 41,819,050 | ||||||||||||||
Total Common Stock | 51,076,976 | 54,213,927 | — | 105,290,903 | ||||||||||||||
Short-Term Investments | 239,850 | — | 99,120 | 338,970 | ||||||||||||||
Total Investments, at value | $ | 51,316,826 | $ | 54,213,927 | $ | 99,120 | $ | 105,629,873 |
ˆ | See Note 2, “Significant Accounting Policies” in the Notes to Financial Statements for additional information. |
# | The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Portfolio may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Portfolio’s investments are categorized as Level 2 investments. |
Beginning Balance 10/31/2010 | Purchases | Sales | Accrued Discounts/ (Premiums) | Total Realized Gain/(Loss) | Total Unrealized Appreciation/ (Depreciation) | Transfers Into Level 3 | Transfers Out of Level 3 | Ending Balance 4/30/2011 | ||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset Table | ||||||||||||||||||||||||||||||||||||||
Investments, at value | ||||||||||||||||||||||||||||||||||||||
Short-Term Investments | $ | 99,120 | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | 99,120 | ||||||||||||||||||||
Total Investments, at value | $ | 99,120 | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | 99,120 |
AS OF APRIL 30, 2011 (UNAUDITED)
Shares | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 97.3% | |||||||||||||||||||
Australia: 1.0% | |||||||||||||||||||
273,500 | OneSteel Ltd. | $ | 641,159 | 0.4 | |||||||||||||||
260,247 | Other Securities | 781,378 | 0.6 | ||||||||||||||||
1,422,537 | 1.0 | ||||||||||||||||||
Brazil: 0.6% | |||||||||||||||||||
24,500 | Petroleo Brasileiro SA ADR | 914,585 | 0.6 | ||||||||||||||||
Canada: 22.0% | |||||||||||||||||||
78,749 | Barrick Gold Corp. | 4,016,986 | 2.9 | ||||||||||||||||
114,774 | Canadian Natural Resources Ltd. | 5,389,787 | 3.7 | ||||||||||||||||
51,500 | Centerra Gold, Inc. | 957,988 | 0.7 | ||||||||||||||||
19,400 | Domtar Corp. | 1,804,588 | 1.2 | ||||||||||||||||
38,907 | EnCana Corp. | 1,304,163 | 0.9 | ||||||||||||||||
48,100 | Ensign Energy Services, Inc. | 928,803 | 0.6 | ||||||||||||||||
27,008 | GoldCorp, Inc. | 1,507,857 | 1.0 | ||||||||||||||||
51,100 | @ | Harry Winston Diamond Corp. | 869,534 | 0.6 | |||||||||||||||
47,917 | Nexen, Inc. | 1,266,446 | 0.9 | ||||||||||||||||
104,900 | Pengrowth Energy Corp. | 1,483,286 | 1.0 | ||||||||||||||||
146,232 | @ | Precision Drilling Corp. | 2,213,952 | 1.5 | |||||||||||||||
158,765 | Suncor Energy, Inc. | 7,309,541 | 5.1 | ||||||||||||||||
37,429 | Teck Resources Ltd. | 2,030,523 | 1.4 | ||||||||||||||||
141,500 | Other Securities | 712,336 | 0.5 | ||||||||||||||||
31,795,790 | 22.0 | ||||||||||||||||||
China: 1.0% | |||||||||||||||||||
1,363,334 | China Petroleum & Chemical Corp. | 1,374,200 | 1.0 | ||||||||||||||||
Italy: 0.6% | |||||||||||||||||||
18,031 | Tenaris SA ADR | 915,794 | 0.6 | ||||||||||||||||
Japan: 0.6% | |||||||||||||||||||
161,100 | Mitsui OSK Lines Ltd. | 898,539 | 0.6 | ||||||||||||||||
Netherlands: 2.1% | |||||||||||||||||||
39,373 | Royal Dutch Shell PLC ADR | 3,050,620 | 2.1 | ||||||||||||||||
Russia: 2.3% | |||||||||||||||||||
110,790 | Gazprom OAO ADR | 1,890,078 | 1.3 | ||||||||||||||||
20,896 | Lukoil-Spon ADR | 1,456,451 | 1.0 | ||||||||||||||||
3,346,529 | 2.3 | ||||||||||||||||||
United Kingdom: 1.3%l | |||||||||||||||||||
18,860 | Rio Tinto PLC ADR | 1,380,741 | 1.0 | ||||||||||||||||
5,000 | Other Securities | 432,850 | 0.3 | ||||||||||||||||
1,813,591 | 1.3 | ||||||||||||||||||
United States: 65.8% | |||||||||||||||||||
43,229 | @ | Alpha Natural Resources, Inc. | 2,514,631 | 1.7 | |||||||||||||||
39,887 | Apache Corp. | 5,319,729 | 3.7 | ||||||||||||||||
70,509 | Arch Coal, Inc. | 2,418,459 | 1.7 | ||||||||||||||||
COMMON STOCK: (continued) | |||||||||||||||||||
United States: (continued) | |||||||||||||||||||
24,000 | @ | Bill Barrett Corp. | $ | 1,001,520 | 0.7 | ||||||||||||||
66,967 | Chevron Corp. | 7,328,868 | 5.1 | ||||||||||||||||
9,600 | Cliffs Natural Resources, Inc. | 899,712 | 0.6 | ||||||||||||||||
39,600 | @ | Coeur d’Alene Mines Corp. | 1,255,716 | 0.9 | |||||||||||||||
132,516 | ConocoPhillips | 10,459,488 | 7.2 | ||||||||||||||||
93,500 | @ | Denbury Resources, Inc. | 2,110,295 | 1.5 | |||||||||||||||
40,565 | Ensco PLC ADR | 2,418,485 | 1.7 | ||||||||||||||||
34,900 | EOG Resources, Inc. | 3,940,559 | 2.7 | ||||||||||||||||
163,564 | Exxon Mobil Corp. | 14,393,631 | 9.9 | ||||||||||||||||
30,428 | Halliburton Co. | 1,536,005 | 1.1 | ||||||||||||||||
47,600 | Hess Corp. | 4,091,696 | 2.8 | ||||||||||||||||
83,170 | International Paper Co. | 2,568,290 | 1.8 | ||||||||||||||||
31,300 | @ | McMoRan Exploration Co. | 573,103 | 0.4 | |||||||||||||||
44,500 | Murphy Oil Corp. | 3,447,860 | 2.4 | ||||||||||||||||
58,178 | National Oilwell Varco, Inc. | 4,461,671 | 3.1 | ||||||||||||||||
45,700 | Newmont Mining Corp. | 2,678,477 | 1.8 | ||||||||||||||||
64,500 | @ | PetroHawk Energy Corp. | 1,742,145 | 1.2 | |||||||||||||||
29,400 | Range Resources Corp. | 1,659,630 | 1.1 | ||||||||||||||||
112,560 | Schlumberger Ltd. | 10,102,260 | 7.0 | ||||||||||||||||
44,800 | @ | Tetra Technologies, Inc. | 661,696 | 0.5 | |||||||||||||||
14,158 | @ | Transocean Ltd. | 1,029,995 | 0.7 | |||||||||||||||
10,404 | @ | Unit Corp. | 655,660 | 0.5 | |||||||||||||||
18,044 | United States Steel Corp. | 860,879 | 0.6 | ||||||||||||||||
71,400 | Valero Energy Corp. | 2,020,620 | 1.4 | ||||||||||||||||
98,000 | @ | Weatherford International Ltd. | 2,114,840 | 1.5 | |||||||||||||||
76,508 | Other Securities | 751,353 | 0.5 | ||||||||||||||||
95,017,273 | 65.8 | ||||||||||||||||||
Total Common Stock | |||||||||||||||||||
(Cost $98,686,258) | 140,549,458 | 97.3 | |||||||||||||||||
SHORT-TERM INVESTMENTS: 2.6% | |||||||||||||||||||
Mutual Funds: 2.6% | |||||||||||||||||||
3,787,000 | BlackRock Liquidity Funds,TempFund, Institutional Class (Cost $3,787,000) | 3,787,000 | 2.6 | ||||||||||||||||
Total Short-Term Investments | |||||||||||||||||||
(Cost $3,787,000) | 3,787,000 | 2.6 | |||||||||||||||||
Total Investments in Securities | |||||||||||||||||||
(Cost $102,473,258)* | $ | 144,336,458 | 99.9 | ||||||||||||||||
Assets in Excess of Other Liabilities | 146,547 | 0.1 | |||||||||||||||||
Net Assets | $ | 144,483,005 | 100.0 |
AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED)
@ | Non-income producing security | |
ADR | American Depositary Receipt | |
* | Cost for federal income tax purposes is $106,395,047. |
Net unrealized appreciation consists of: | ||||||
Gross Unrealized Appreciation | $ | 42,169,042 | ||||
Gross Unrealized Depreciation | (4,227,631 | ) | ||||
Net Unrealized appreciation | $ | 37,941,411 |
Industry | Percentage of Net Assets | |||||
---|---|---|---|---|---|---|
Energy | 80.7 | % | ||||
Industrials | 0.6 | |||||
Materials | 16.0 | |||||
Short-Term Investments | 2.6 | |||||
Other Assets and Liabilities — Net | 0.1 | |||||
Net Assets | 100.0 | % |
Quoted Prices in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs# (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at 4/30/2011 | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset Table | ||||||||||||||||||
Investments, at value | ||||||||||||||||||
Common Stock | ||||||||||||||||||
Australia | $ | — | $ | 1,422,537 | $ | — | $ | 1,422,537 | ||||||||||
Brazil | 914,585 | — | — | 914,585 | ||||||||||||||
Canada | 31,795,790 | — | — | 31,795,790 | ||||||||||||||
China | — | 1,374,200 | — | 1,374,200 | ||||||||||||||
Italy | 915,794 | — | — | 915,794 | ||||||||||||||
Japan | — | 898,539 | — | 898,539 | ||||||||||||||
Netherlands | 3,050,620 | — | — | 3,050,620 | ||||||||||||||
Russia | 3,346,529 | — | — | 3,346,529 | ||||||||||||||
United Kingdom | 1,380,741 | 432,850 | — | 1,813,591 | ||||||||||||||
United States | 95,017,273 | — | — | 95,017,273 | ||||||||||||||
Total Common Stock | 136,421,332 | 4,128,126 | — | 140,549,458 | ||||||||||||||
Short-Term Investments | 3,787,000 | — | — | 3,787,000 | ||||||||||||||
Total Investments, at value | $ | 140,208,332 | $ | 4,128,126 | $ | — | $ | 144,336,458 |
ˆ | See Note 2, “Significant Accounting Policies” in the Notes to Financial Statements for additional information. |
# | The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Portfolio may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Portfolio’s investments are categorized as Level 2 investments. |
AS OF APRIL 30, 2011 (UNAUDITED)
Shares | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 97.1% | |||||||||||||||||||
Australia: 9.5% | |||||||||||||||||||
47,641,916 | Dexus Property Group NPV | $ | 46,071,555 | 1.2 | |||||||||||||||
43,523,027 | Goodman Group. | 33,952,140 | 0.9 | ||||||||||||||||
15,690,020 | GPT Group | 54,503,580 | 1.4 | ||||||||||||||||
12,887,560 | Stockland | 53,504,316 | 1.4 | ||||||||||||||||
7,070,532 | Westfield Group | 70,066,884 | 1.9 | ||||||||||||||||
16,091,181 | Westfield Retail Trust | 46,739,261 | 1.2 | ||||||||||||||||
54,318,309 | Other Securities | 54,676,941 | 1.5 | ||||||||||||||||
359,514,677 | 9.5 | ||||||||||||||||||
Brazil: 0.2% | |||||||||||||||||||
504,600 | Other Securities | 7,585,679 | 0.2 | ||||||||||||||||
Canada: 3.3% | |||||||||||||||||||
1,940,100 | Brookfield Properties Corp. | 38,375,178 | 1.0 | ||||||||||||||||
1,482,900 | RioCan Real Estate Investment Trust | 39,731,031 | 1.0 | ||||||||||||||||
1,646,200 | Other Securities | 45,640,155 | 1.3 | ||||||||||||||||
123,746,364 | 3.3 | ||||||||||||||||||
China: 0.5% | |||||||||||||||||||
10,715,000 | Other Securities | 17,091,191 | 0.5 | ||||||||||||||||
France: 7.5% | |||||||||||||||||||
277,020 | ICADE | 35,513,186 | 0.9 | ||||||||||||||||
688,626 | Unibail-Rodamco SE | 161,107,919 | 4.2 | ||||||||||||||||
1,770,692 | Other Securities | 87,812,849 | 2.4 | ||||||||||||||||
284,433,954 | 7.5 | ||||||||||||||||||
Germany: 0.7% | |||||||||||||||||||
1,859,150 | Other Securities | 27,313,474 | 0.7 | ||||||||||||||||
Hong Kong: 11.4% | |||||||||||||||||||
6,155,763 | Cheung Kong Holdings Ltd. | 97,153,028 | 2.6 | ||||||||||||||||
9,087,900 | Hongkong Land Holdings Ltd. | 68,152,071 | 1.8 | ||||||||||||||||
13,749,000 | Link REIT | 43,331,746 | 1.1 | ||||||||||||||||
6,812,000 | Sun Hung Kai Properties Ltd. | 106,692,968 | 2.9 | ||||||||||||||||
4,146,346 | Wharf Holdings Ltd. | 30,427,026 | 0.8 | ||||||||||||||||
17,669,400 | Other Securities | 86,463,686 | 2.2 | ||||||||||||||||
432,220,525 | 11.4 | ||||||||||||||||||
Japan: 12.1% | |||||||||||||||||||
342,000 | Daito Trust Construction Co., Ltd. | 27,360,013 | 0.7 | ||||||||||||||||
3,675 | Japan Real Estate Investment Corp. | 36,378,849 | 1.0 | ||||||||||||||||
6,450,530 | Mitsubishi Estate Co., Ltd. | 112,882,910 | 3.0 | ||||||||||||||||
4,370,088 | Mitsui Fudosan Co., Ltd. | 75,843,826 | 2.0 | ||||||||||||||||
2,797 | Nippon Building Fund, Inc. | 28,150,575 | 0.7 | ||||||||||||||||
2,675,100 | Sumitomo Realty & Development Co., Ltd. | 55,372,340 | 1.5 | ||||||||||||||||
2,413,847 | Other Securities | 124,173,724 | 3.2 | ||||||||||||||||
460,162,237 | 12.1 | ||||||||||||||||||
COMMON STOCK: (continued) | |||||||||||||||||||
Netherlands: 1.1% | |||||||||||||||||||
636,045 | Other Securities | $ | 43,210,036 | $ | 1.1 | ||||||||||||||
Norway: 0.1% | |||||||||||||||||||
1,436,757 | Other Securities | 2,902,997 | 0.1 | ||||||||||||||||
Singapore: 4.3% | |||||||||||||||||||
27,634,000 | L | CapitaCommercial Trust | 32,552,719 | 0.9 | |||||||||||||||
16,846,350 | @ | CapitaLand Ltd. | 46,854,487 | 1.1 | |||||||||||||||
25,489,600 | @ | Global Logistic Properties Ltd. | 40,213,032 | 1.0 | |||||||||||||||
24,320,891 | Other Securities | 45,500,133 | 1.3 | ||||||||||||||||
165,120,371 | 4.3 | ||||||||||||||||||
Sweden: 0.5% | |||||||||||||||||||
1,271,730 | Other Securities | 18,140,746 | 0.5 | ||||||||||||||||
Switzerland: 0.4% | |||||||||||||||||||
180,390 | Other Securities | 15,046,403 | 0.4 | ||||||||||||||||
United Kingdom: 4.8% | |||||||||||||||||||
3,041,617 | British Land Co. PLC | 30,624,802 | 0.8 | ||||||||||||||||
1,248,000 | Derwent London PLC | 37,441,036 | 1.0 | ||||||||||||||||
4,314,809 | Land Securities Group PLC | 56,717,245 | 1.4 | ||||||||||||||||
13,262,482 | Other Securities | 58,994,023 | 1.6 | ||||||||||||||||
183,777,106 | 4.8 | ||||||||||||||||||
United States: 40.7% | |||||||||||||||||||
468,600 | L | Alexandria Real Estate Equities, Inc. | 38,495,490 | 1.0 | |||||||||||||||
877,200 | L | AMB Property Corp. | 31,930,080 | 0.8 | |||||||||||||||
1,414,900 | Apartment Investment & Management Co. | 38,145,704 | 1.0 | ||||||||||||||||
536,108 | AvalonBay Communities, Inc. | 67,876,634 | 1.8 | ||||||||||||||||
1,052,600 | L | Boston Properties, Inc. | 110,028,278 | 2.9 | |||||||||||||||
750,800 | L | BRE Properties, Inc. | 38,080,576 | 1.0 | |||||||||||||||
2,309,800 | Developers Diversified Realty Corp. | 34,046,453 | 0.9 | ||||||||||||||||
1,957,300 | L | Equity Residential | 116,889,955 | 3.0 | |||||||||||||||
477,900 | Federal Realty Investment Trust | 41,844,924 | 1.1 | ||||||||||||||||
3,599,111 | General Growth Properties, Inc. | 60,105,154 | 1.6 | ||||||||||||||||
1,487,129 | L | HCP, Inc. | 58,920,051 | 1.6 | |||||||||||||||
4,221,235 | L | Host Hotels & Resorts, Inc. | 75,095,771 | 2.0 | |||||||||||||||
1,359,775 | Liberty Property Trust | 47,823,287 | 1.3 | ||||||||||||||||
1,418,141 | Macerich Co. | 74,906,208 | 2.0 | ||||||||||||||||
995,300 | Nationwide Health Properties, Inc. | 43,594,140 | 1.1 | ||||||||||||||||
3,658,250 | L | ProLogis | 59,592,893 | 1.6 | |||||||||||||||
350,924 | L | Public Storage, Inc. | 41,166,894 | 1.1 | |||||||||||||||
804,030 | Regency Centers Corp. | 37,837,652 | 1.0 | ||||||||||||||||
1,186,950 | L | Simon Property Group, Inc. | 135,953,252 | 3.5 | |||||||||||||||
641,030 | SL Green Realty Corp. | 52,904,206 | 1.4 |
AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED)
Shares | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: (continued) | |||||||||||||||||||
United States: (continued) | |||||||||||||||||||
756,100 | Starwood Hotels & Resorts Worldwide, Inc. | $ | 45,040,877 | 1.2 | |||||||||||||||
1,933,055 | UDR, Inc. | 50,046,794 | 1.3 | ||||||||||||||||
1,125,502 | Vornado Realty Trust | 108,813,533 | 2.9 | ||||||||||||||||
4,069,800 | Other Securities | 135,690,695 | 3.6 | ||||||||||||||||
1,544,829,501 | 40.7 | ||||||||||||||||||
Total Common Stock | |||||||||||||||||||
(Cost $2,758,307,147) | 3,685,095,261 | 97.1 | |||||||||||||||||
SHORT-TERM INVESTMENTS: 4.3% | |||||||||||||||||||
Securities Lending: 2.1% | |||||||||||||||||||
80,572,859 | BNY Mellon Overnight Government Fund(1) | 80,572,859 | 2.1 | ||||||||||||||||
2,745,317 | R | BNY Institutional Cash Reserves Fund, Series B(1)(2) | 2,196,253 | 0.0 | |||||||||||||||
Total Securities Lending | |||||||||||||||||||
(Cost $83,318,176) | 82,769,112 | 2.1 | |||||||||||||||||
Mutual Funds: 2.2% | |||||||||||||||||||
82,174,804 | BlackRock Liquidity Funds,TempFund, Institutional Class | ||||||||||||||||||
(Cost $82,174,804) | 82,174,804 | 2.2 | |||||||||||||||||
Total Short-Term Investments | |||||||||||||||||||
(Cost $165,492,980) | 164,943,916 | 4.3 | |||||||||||||||||
Total Investments in Securities | |||||||||||||||||||
(Cost $2,923,800,127)* | $ | 3,850,039,177 | 101.4 | ||||||||||||||||
Liabilities in Excess of Other Assets | (52,945,522 ) | (1.4 | ) | ||||||||||||||||
Net Assets | $ | 3,797,093,655 | 100.0 |
@ | Non-income producing security | |
R | Restricted Security | |
L | Loaned security, a portion or all of the security is on loan at April 30, 2011. | |
(1) | Collateral received from brokers for securities lending was invested in these short-term investments. | |
(2) | On September 12, 2008, BNY established a separate sleeve of the Institutional Cash Reserves Fund (Series B) to hold certain Lehman Brothers defaulted debt obligations. The Portfolio’s position in Series B is being fair valued daily. Please see the accompanying Notes to Financial Statements for additional details on securities lending. | |
* | Cost for federal income tax purposes is $3,188,867,342. |
Net unrealized appreciation consists of: | ||||||
Gross Unrealized Appreciation | $ | 809,820,750 | ||||
Gross Unrealized Depreciation | (148,648,915 | ) | ||||
Net Unrealized appreciation | $ | 661,171,835 |
Industry | Percentage of Net Assets | |||||
---|---|---|---|---|---|---|
Consumer Discretionary | 1.0 | % | ||||
Financials | 96.1 | |||||
Short-Term Investments | 4.3 | |||||
Other Assets and Liabilities — Net | (1.4 | ) | ||||
Net Assets | 100.0 | % |
AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED)
Quoted Prices in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs# (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at 4/30/2011 | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset Table | ||||||||||||||||||
Investments, at value | ||||||||||||||||||
Common Stock | ||||||||||||||||||
Australia | $ | 46,739,261 | $ | 312,775,416 | $ | — | $ | 359,514,677 | ||||||||||
Brazil | 7,585,679 | — | — | 7,585,679 | ||||||||||||||
Canada | 123,746,364 | — | — | 123,746,364 | ||||||||||||||
China | — | 17,091,191 | — | 17,091,191 | ||||||||||||||
France | 10,962,564 | 273,471,390 | — | 284,433,954 | ||||||||||||||
Germany | 27,313,474 | — | — | 27,313,474 | ||||||||||||||
Hong Kong | — | 432,220,525 | — | 432,220,525 | ||||||||||||||
Japan | — | 460,162,237 | — | 460,162,237 | ||||||||||||||
Netherlands | — | 43,210,036 | — | 43,210,036 | ||||||||||||||
Norway | — | 2,902,997 | — | 2,902,997 | ||||||||||||||
Singapore | — | 165,120,371 | — | 165,120,371 | ||||||||||||||
Sweden | — | 18,140,746 | — | 18,140,746 | ||||||||||||||
Switzerland | 15,046,403 | — | — | 15,046,403 | ||||||||||||||
United Kingdom | 13,427,618 | 170,349,488 | — | 183,777,106 | ||||||||||||||
United States | 1,544,829,501 | — | — | 1,544,829,501 | ||||||||||||||
Total Common Stock | 1,789,650,864 | 1,895,444,397 | — | 3,685,095,261 | ||||||||||||||
Short-Term Investments | 162,747,663 | — | 2,196,253 | 164,943,916 | ||||||||||||||
Total Investments, at value | $ | 1,952,398,527 | $ | 1,895,444,397 | $ | 2,196,253 | $ | 3,850,039,177 |
ˆ | See Note 2, “Significant Accounting Policies” in the Notes to Financial Statements for additional information. |
# | The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Portfolio may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Portfolio’s investments are categorized as Level 2 investments. |
Beginning Balance 10/31/2010 | Purchases | Sales | Accrued Discounts/ (Premiums) | Total Realized Gain/(Loss) | Total Unrealized Appreciation/ (Depreciation) | Transfers Into Level 3 | Transfers Out of Level 3 | Ending Balance 4/30/2011 | ||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset Table | ||||||||||||||||||||||||||||||||||||||
Investments, at value | ||||||||||||||||||||||||||||||||||||||
Short-Term Investments | $ | 2,196,253 | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | 2,196,253 | ||||||||||||||||||||
Total Investments, at value | �� | $ | 2,196,253 | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | 2,196,253 |
ING GLOBAL VALUE CHOICE FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OFAPRIL 30, 2011 (UNAUDITED) |
Shares | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 92.6% | |||||||||||||||||||
Australia: 3.0% | |||||||||||||||||||
1,006,500 | Downer EDI Ltd. | $ | 4,097,384 | 0.6 | |||||||||||||||
396,700 | Newcrest Mining Ltd. | 18,067,552 | 2.4 | ||||||||||||||||
22,164,936 | 3.0 | ||||||||||||||||||
Bermuda: 0.5% | |||||||||||||||||||
101,900 | Other Securities | 3,603,184 | 0.5 | ||||||||||||||||
Brazil: 2.6% | |||||||||||||||||||
780,941 | Centrais Eletricas Brasileiras SA ADR | 14,634,834 | 1.9 | ||||||||||||||||
484,551 | Other Securities | 4,892,674 | 0.7 | ||||||||||||||||
19,527,508 | 2.6 | ||||||||||||||||||
Cambodia: 0.2% | |||||||||||||||||||
6,968,000 | Other Securities | 1,662,355 | 0.2 | ||||||||||||||||
Canada: 10.4% | |||||||||||||||||||
558,800 | Barrick Gold Corp. | 28,504,388 | 3.8 | ||||||||||||||||
892,000 | Cameco Corp. | 26,296,160 | 3.5 | ||||||||||||||||
801,100 | @ | Gabriel Resources Ltd. | 6,113,134 | 0.8 | |||||||||||||||
1,063,100 | @, L | Uranium Participation Corp. | 7,404,565 | 1.0 | |||||||||||||||
659,604 | Other Securities | 8,912,584 | 1.3 | ||||||||||||||||
77,230,831 | 10.4 | ||||||||||||||||||
China: 0.1% | |||||||||||||||||||
12,100,000 | Other Securities | 1,023,120 | 0.1 | ||||||||||||||||
Egypt: 1.1% | |||||||||||||||||||
861,751 | @ | Oriental Weavers | 4,564,945 | 0.6 | |||||||||||||||
1,138,420 | Other Securities | 3,318,105 | 0.5 | ||||||||||||||||
7,883,050 | 1.1 | ||||||||||||||||||
France: 7.7% | |||||||||||||||||||
105,485 | @ | Areva SA | 4,858,232 | 0.6 | |||||||||||||||
724,400 | EDF SA | 30,471,025 | 4.1 | ||||||||||||||||
493,800 | L | Thales SA | 21,811,461 | 3.0 | |||||||||||||||
57,140,718 | 7.7 | ||||||||||||||||||
Hong Kong: 0.5% | |||||||||||||||||||
280,000 | Other Securities | 3,525,760 | 0.5 | ||||||||||||||||
Indonesia: 1.7% | |||||||||||||||||||
300,000 | Telekomunikasi Indonesia Tbk PT ADR | 10,842,000 | 1.5 | ||||||||||||||||
4,799,500 | Other Securities | 1,546,764 | 0.2 | ||||||||||||||||
12,388,764 | 1.7 | ||||||||||||||||||
Italy: 2.3% | |||||||||||||||||||
1,135,000 | ERG S.p.A. | 16,778,649 | 2.3 | ||||||||||||||||
Japan: 20.2% | |||||||||||||||||||
4,038,550 | Chuo Mitsui Trust Holdings, Inc. | 13,903,671 | 1.9 | ||||||||||||||||
2,480,000 | Daiwa Securities Group, Inc. | 10,703,728 | 1.4 | ||||||||||||||||
324,300 | East Japan Railway Co. | 18,024,764 | 2.5 | ||||||||||||||||
COMMON STOCK: (continued) | |||||||||||||||||||
Japan: (continued) | |||||||||||||||||||
618,000 | Kamigumi Co., Ltd. | $ | 5,293,046 | 0.7 | |||||||||||||||
427,000 | @ | Kirin Holdings Co., Ltd. | 6,008,472 | 0.8 | |||||||||||||||
402,100 | Mitsui & Co., Ltd. | 7,155,406 | 1.0 | ||||||||||||||||
413,600 | MS&AD Insurance Group Holdings | 9,685,628 | 1.3 | ||||||||||||||||
563,100 | Nippon Telegraph & Telephone Corp. | 26,238,977 | 3.5 | ||||||||||||||||
88,100 | Sankyo Co., Ltd. | 4,581,687 | 0.6 | ||||||||||||||||
107,500 | Shin-Etsu Chemical Co., Ltd. | 5,592,510 | 0.8 | ||||||||||||||||
2,635,000 | Sumitomo Osaka Cement Co., Ltd. | 7,164,490 | 0.9 | ||||||||||||||||
806,000 | @ | Toppan Printing Co., Ltd. | 6,335,562 | 0.9 | |||||||||||||||
3,050 | TV Asahi Corp. | 4,686,383 | 0.7 | ||||||||||||||||
1,712 | West Japan Railway Co. | 6,243,211 | 0.8 | ||||||||||||||||
1,892,500 | Other Securities | 18,060,056 | 2.4 | ||||||||||||||||
149,677,591 | 20.2 | ||||||||||||||||||
Lebanon: 0.4% | |||||||||||||||||||
148,389 | # | Solidere GDR | 2,708,099 | 0.4 | |||||||||||||||
Norway: 1.5% | |||||||||||||||||||
383,300 | L | Statoil ASA ADR | 11,234,523 | 1.5 | |||||||||||||||
Russia: 4.6% | |||||||||||||||||||
459,408 | Gazprom OAO ADR | 7,837,500 | 1.1 | ||||||||||||||||
319,000 | Polyus Gold OJSC ADR | 11,627,550 | 1.6 | ||||||||||||||||
2,777,000 | @, L | Federal Hydrogenerating Co. JSC ADR | 14,477,454 | 1.9 | |||||||||||||||
33,942,504 | 4.6 | ||||||||||||||||||
Singapore: 1.0% | |||||||||||||||||||
2,790,000 | Singapore Telecommunications Ltd. | 7,121,827 | 1.0 | ||||||||||||||||
South Africa: 2.9% | |||||||||||||||||||
136,000 | AngloGold Ashanti Ltd ADR | 6,933,280 | 0.9 | ||||||||||||||||
678,000 | Gold Fields Ltd. | 12,126,950 | 1.7 | ||||||||||||||||
16,900,000 | Other Securities | 2,059,406 | 0.3 | ||||||||||||||||
21,119,636 | 2.9 | ||||||||||||||||||
South Korea: 3.6% | |||||||||||||||||||
659,500 | Korea Electric Power Corp. ADR | 7,979,950 | 1.1 | ||||||||||||||||
363,800 | KT Corp. ADR | 7,385,140 | 1.0 | ||||||||||||||||
595,400 | SK Telecom Co., Ltd. ADR | 11,300,692 | 1.5 | ||||||||||||||||
�� | 26,665,782 | 3.6 | |||||||||||||||||
Thailand: 0.2% | |||||||||||||||||||
306,800 | Other Securities | 1,750,966 | 0.2 | ||||||||||||||||
Turkey: 1.2% | |||||||||||||||||||
601,863 | Turkcell Iletisim Hizmet AS ADR | 8,907,572 | 1.2 |
ING GLOBAL VALUE CHOICE FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OFAPRIL 30, 2011 (UNAUDITED) |
Shares | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: (continued) | |||||||||||||||||||
United Kingdom: 1.2% | |||||||||||||||||||
360,000 | Stolt-Nielsen Ltd. | $ | 8,714,215 | 1.2 | |||||||||||||||
United States: 25.7% | |||||||||||||||||||
355,000 | Aetna, Inc. | 14,689,900 | 2.0 | ||||||||||||||||
245,100 | Best Buy Co., Inc. | 7,652,022 | 1.0 | ||||||||||||||||
206,357 | Chesapeake Energy Corp. | 6,948,040 | 0.9 | ||||||||||||||||
950,600 | Eli Lilly & Co. | 35,181,705 | 4.9 | ||||||||||||||||
554,037 | Exelon Corp. | 23,352,660 | 3.2 | ||||||||||||||||
142,100 | @ | Forest Laboratories, Inc. | 4,712,036 | 0.6 | |||||||||||||||
145,800 | Lockheed Martin Corp. | 11,554,650 | 1.6 | ||||||||||||||||
690,000 | Microsoft Corp. | 17,953,800 | 2.4 | ||||||||||||||||
597,600 | Newmont Mining Corp. | 35,025,336 | 4.8 | ||||||||||||||||
362,000 | Tyson Foods, Inc. | 7,203,800 | 1.0 | ||||||||||||||||
258,650 | Wal-Mart Stores, Inc. | 14,220,577 | 1.9 | ||||||||||||||||
520,400 | Other Securities | 10,427,690 | 1.4 | ||||||||||||||||
188,922,216 | 25.7 | ||||||||||||||||||
Total Common Stock | |||||||||||||||||||
(Cost $606,548,729) | 683,693,806 | 92.6 | |||||||||||||||||
PREFERRED STOCK: 0.2% | |||||||||||||||||||
South Korea: 0.2% | |||||||||||||||||||
54,160 | Other Securities | 1,819,400 | 0.2 | ||||||||||||||||
Total Preferred Stock | |||||||||||||||||||
(Cost $1,830,747) | 1,819,400 | 0.2 | |||||||||||||||||
Total Long-Term Investments | |||||||||||||||||||
(Cost $608,379,476) | 685,513,206 | 92.8 | |||||||||||||||||
SHORT-TERM INVESTMENTS: 9.6% | |||||||||||||||||||
Securities Lending: 2.7% | |||||||||||||||||||
20,090,311 | BNY Mellon Overnight Government Fund(1) | 20,090,311 | 2.7 | ||||||||||||||||
287,772 | R | BNY Institutional Cash Reserves Fund, Series B(1)(2) | 230,218 | 0.0 | |||||||||||||||
Total Securities Lending | |||||||||||||||||||
(Cost $20,378,083) | 20,320,529 | 2.7 | |||||||||||||||||
Mutual Funds: 6.9% | |||||||||||||||||||
50,914,753 | BlackRock Liquidity Funds,TempFund, Institutional Class | ||||||||||||||||||
(Cost $50,914,753) | 50,914,753 | 6.9 | |||||||||||||||||
Total Short-Term Investments | |||||||||||||||||||
(Cost $71,292,836) | 71,235,282 | 9.6 | |||||||||||||||||
Total Investments in Securities | |||||||||||||||||||
(Cost $679,672,312)* | $ | 756,748,488 | 102.4 | ||||||||||||||||
Liabilities in Excess of Other Assets | (17,493,284 | ) | (2.4 | ) | |||||||||||||||
Net Assets | $ | 739,255,204 | 100.0 |
# | Securities with purchases pursuant to Rule 144A or section 4(2), under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers. | |
@ | Non-income producing security | |
ADR | American Depositary Receipt | |
GDR | Global Depositary Receipt | |
R | Restricted Security | |
L | Loaned security, a portion or all of the security is on loan at April 30, 2011. | |
(1) | Collateral received from brokers for securities lending was invested in these short-term investments. | |
(2) | On September 12, 2008, BNY established a separate sleeve of the Institutional Cash Reserves Fund (Series B) to hold certain Lehman Brothers defaulted debt obligations. The Portfolio’s position in Series B is being fair valued daily. Please see the accompanying Notes to Financial Statements for additional details on securities lending. | |
* | Cost for federal income tax purposes is $685,577,508. |
Net unrealized appreciation consists of: | ||||||
Gross Unrealized Appreciation | $ | 81,716,299 | ||||
Gross Unrealized Depreciation | (10,545,319 | ) | ||||
Net Unrealized appreciation | $ | 71,170,980 |
Industry | Percentage of Net Assets | |||||
---|---|---|---|---|---|---|
Consumer Discretionary | 3.5 | % | ||||
Consumer Staples | 5.0 | |||||
Energy | 10.5 | |||||
Financials | 8.5 | |||||
Health Care | 7.6 | |||||
Industrials | 14.0 | |||||
Information Technology | 3.4 | |||||
Materials | 18.0 | |||||
Telecommunications | 9.8 | |||||
Utilities | 12.5 | |||||
Short-Term Investments | 9.6 | |||||
Other Assets and Liabilities — Net | (2.4 | ) | ||||
Net Assets | 100.0 | % |
ING GLOBAL VALUE CHOICE FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OFAPRIL 30, 2011 (UNAUDITED) |
Quoted Prices in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs# (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at 4/30/2011 | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset Table | ||||||||||||||||||
Investments, at value | ||||||||||||||||||
Common Stock | ||||||||||||||||||
Australia | $ | — | $ | 22,164,936 | $ | — | $ | 22,164,936 | ||||||||||
Bermuda | 3,603,184 | — | — | 3,603,184 | ||||||||||||||
Brazil | 19,527,508 | — | — | 19,527,508 | ||||||||||||||
Cambodia | — | 1,662,355 | — | 1,662,355 | ||||||||||||||
Canada | 77,230,831 | — | — | 77,230,831 | ||||||||||||||
China | — | — | 1,023,120 | 1,023,120 | ||||||||||||||
Egypt | — | 7,883,050 | — | 7,883,050 | ||||||||||||||
France | 4,858,232 | 52,282,486 | — | 57,140,718 | ||||||||||||||
Hong Kong | — | 3,525,760 | — | 3,525,760 | ||||||||||||||
Indonesia | 10,842,000 | 1,546,764 | — | 12,388,764 | ||||||||||||||
Italy | — | 16,778,649 | — | 16,778,649 | ||||||||||||||
Japan | — | 149,677,591 | — | 149,677,591 | ||||||||||||||
Lebanon | 2,708,099 | — | — | 2,708,099 | ||||||||||||||
Norway | 11,234,523 | — | — | 11,234,523 | ||||||||||||||
Russia | 19,465,050 | 14,477,454 | — | 33,942,504 | ||||||||||||||
Singapore | — | 7,121,827 | — | 7,121,827 | ||||||||||||||
South Africa | 8,992,686 | 12,126,950 | — | 21,119,636 | ||||||||||||||
South Korea | 26,665,782 | — | — | 26,665,782 | ||||||||||||||
Thailand | — | 1,750,966 | — | 1,750,966 | ||||||||||||||
Turkey | 8,907,572 | — | — | 8,907,572 | ||||||||||||||
United Kingdom | 8,714,215 | — | — | 8,714,215 | ||||||||||||||
United States | 188,922,216 | — | — | 188,922,216 | ||||||||||||||
Total Common Stock | 391,671,898 | 290,998,788 | 1,023,120 | 683,693,806 | ||||||||||||||
Preferred Stock | 1,819,400 | — | — | 1,819,400 | ||||||||||||||
Short-Term Investments | 71,005,064 | — | 230,218 | 71,235,282 | ||||||||||||||
Total Investments, at value | $ | 464,496,362 | $ | 290,998,788 | $ | 1,253,338 | $ | 756,748,488 | ||||||||||
Liabilities Table | ||||||||||||||||||
Other Financial Instruments+ | ||||||||||||||||||
Forward Foreign Currency Contracts | $ | — | $ | (160 | ) | $ | — | $ | (160 | ) | ||||||||
Total Liabilities | $ | — | $ | (160 | ) | $ | — | $ | (160 | ) |
ˆ | See Note 2, “Significant Accounting Policies” in the Notes to Financial Statements for additional information. |
+ | Other Financial Instruments are derivatives not reflected in the Portfolio of Investments and may include open forward foreign currency contracts, futures, swaps, and written options. Forward foreign currency contracts and futures are valued at the unrealized gain (loss) on the instrument. Swaps and written options are valued at the fair value of the instrument. |
# | The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Portfolio may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Portfolio’s investments are categorized as Level 2 investments. |
ING GLOBAL VALUE CHOICE FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OFAPRIL 30, 2011 (UNAUDITED) |
Beginning Balance 10/31/2010 | Purchases | Sales | Accrued Discounts/ (Premiums) | Total Realized Gain/(Loss) | Total Unrealized Appreciation/ (Depreciation) | Transfers Into Level 3 | Transfers Out of Level 3 | Ending Balance 4/30/2011 | ||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset Table | ||||||||||||||||||||||||||||||||||||||
Investments, at value | ||||||||||||||||||||||||||||||||||||||
Common Stock | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | 1,023,120 | $ | — | $ | 1,023,120 | ||||||||||||||||||||
Short-Term Investments | 230,218 | — | — | — | — | — | — | — | 230,218 | |||||||||||||||||||||||||||||
Total Investments, at value | $ | 230,218 | $ | — | $ | — | $ | — | $ | — | $ | — | $ | 1,023,120 | $ | — | $ | 1,253,338 |
Counterparty | Currency | Contract Amount | Buy/Sell | Settlement Date | In Exchange For | Fair Value | Unrealized Appreciation (Depreciation) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Brown Brothers Harriman & Co. | Japanese Yen | 2,603,763 | Sell | 05/09/11 | $ | 31,941 | $ | 32,101 | $(160) | |||||||||||||||||||
$(160) |
Derivatives not accounted for as hedging instruments | Location on Statement of Assets and Liabilities | Fair Value | ||||||||
---|---|---|---|---|---|---|---|---|---|---|
Liability Derivatives | ||||||||||
Foreign exchange contracts | Unrealized depreciation on forward foreign currency contracts | $160 | ||||||||
Total Liability Derivatives | $160 |
Amount of Realized Gain or (Loss) on Derivatives Recognized in Income | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|
Derivatives not accounted for as hedging instruments | Foreign currency related transactions* | |||||||||
Foreign exchange contracts | $370,773 | |||||||||
Total | $370,773 |
Change in Unrealized Appreciation or Depreciation on Derivatives Recognized in Income | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|
Derivatives not accounted for as hedging instruments | Foreign currency related transactions* | |||||||||
Foreign exchange contracts | $(160) | |||||||||
Total | $(160) |
* | Amounts recognized for forward foreign currency contracts are included in net realized gain (loss) on foreign currency related transactions and net change in unrealized appreciation or depreciation on foreign currency related transactions. |
ING EMERGING VALUE COUNTRIES FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OFAPRIL 30, 2011 (UNAUDITED) |
Shares | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 92.9% | |||||||||||||||||||
Australia: 0.7% | |||||||||||||||||||
217,147 | Aquarius Platinum Ltd. | $ | 1,251,709 | 0.7 | |||||||||||||||
Brazil: 14.0% | |||||||||||||||||||
194,062 | SA | 1,456,822 | 0.8 | ||||||||||||||||
83,784 | Itau Unibanco Holding SA ADR | 1,989,869 | 1.2 | ||||||||||||||||
193,587 | @ | OGX Petroleo e Gas Participacoes SA | 2,045,141 | 1.2 | |||||||||||||||
50,707 | Petroleo Brasileiro SA ADR | 1,692,093 | 1.0 | ||||||||||||||||
194,269 | Petroleo Brasileiro SA | 3,552,706 | 2.1 | ||||||||||||||||
39,125 | Vale SA ADR | 1,306,775 | 0.7 | ||||||||||||||||
97,836 | Vale SA | 3,209,583 | 1.9 | ||||||||||||||||
629,448 | Other Securities | 9,204,651 | 5.1 | ||||||||||||||||
24,457,640 | 14.0 | ||||||||||||||||||
Canada: 0.9% | |||||||||||||||||||
53,890 | Pacific Rubiales Energy Corp. | 1,637,518 | 0.9 | ||||||||||||||||
China: 15.7% | |||||||||||||||||||
3,254,618 | China Construction Bank | 3,081,870 | 1.8 | ||||||||||||||||
1,357,000 | China Shanshui Cement Group Ltd. | 1,521,825 | 0.8 | ||||||||||||||||
417,000 | China Yurun Food Group Ltd. | 1,532,145 | 1.0 | ||||||||||||||||
735,000 | CNOOC Ltd. | 1,826,899 | 1.0 | ||||||||||||||||
3,641,525 | Industrial & Commercial Bank of China | 3,088,789 | 1.8 | ||||||||||||||||
510,739 | Yanzhou Coal Mining Co., Ltd. | 2,008,997 | 1.2 | ||||||||||||||||
9,595,408 | Other Securities | 14,211,249 | 8.1 | ||||||||||||||||
27,271,774 | 15.7 | ||||||||||||||||||
Czech Republic: 0.8% | |||||||||||||||||||
5,478 | Komercni Banka AS | 1,444,168 | 0.8 | ||||||||||||||||
Egypt: 0.4% | |||||||||||||||||||
163,387 | Other Securities | 756,403 | 0.4 | ||||||||||||||||
Hong Kong: 4.1% | |||||||||||||||||||
272,000 | China Mobile Ltd. | 2,501,987 | 1.5 | ||||||||||||||||
4,440,640 | Other Securities | 4,622,038 | 2.6 | ||||||||||||||||
7,124,025 | 4.1 | ||||||||||||||||||
Hungary: 0.9% | |||||||||||||||||||
26,680 | Other Securities | 1,549,819 | 0.9 | ||||||||||||||||
India: 7.3% | |||||||||||||||||||
112,634 | Housing Development Finance Corp. | 1,801,845 | 1.1 | ||||||||||||||||
51,632 | ICICI Bank Ltd. | 1,304,815 | 0.7 | ||||||||||||||||
38,529 | Infosys Technologies Ltd. | 2,532,953 | 1.4 | ||||||||||||||||
47,322 | Larsen & Toubro Ltd. | 1,709,922 | 1.0 | ||||||||||||||||
536,554 | Other Securities | 5,482,333 | 3.1 | ||||||||||||||||
12,831,868 | 7.3 | ||||||||||||||||||
COMMON STOCK: (continued) | |||||||||||||||||||
Indonesia: 3.3% | |||||||||||||||||||
1,685,796 | Bank Mandiri Persero TBK PT | $ | 1,409,957 | 0.8 | |||||||||||||||
1,448,000 | Telekomunikasi Indonesia Tbk PT | 1,305,150 | 0.7 | ||||||||||||||||
4,110,400 | Other Securities | 3,072,189 | 1.8 | ||||||||||||||||
5,787,296 | 3.3 | ||||||||||||||||||
Luxembourg: 1.2% | |||||||||||||||||||
64,441 | Other Securities | 2,179,210 | 1.2 | ||||||||||||||||
Malaysia: 0.9% | |||||||||||||||||||
518,700 | Other Securities | 1,598,821 | 0.9 | ||||||||||||||||
Mexico: 3.2% | |||||||||||||||||||
56,108 | America Movil SAB de CV ADR | 3,209,377 | 1.8 | ||||||||||||||||
427,548 | @ | Wal-Mart de Mexico SA de CV | 1,337,051 | 0.8 | |||||||||||||||
284,541 | Other Securities | 1,081,393 | 0.6 | ||||||||||||||||
5,627,821 | 3.2 | ||||||||||||||||||
Netherlands: 0.4% | |||||||||||||||||||
21,733 | Other Securities | 768,698 | 0.4 | ||||||||||||||||
Panama: 0.2% | |||||||||||||||||||
7,510 | Other Securities | 436,707 | 0.2 | ||||||||||||||||
Peru: 0.1% | |||||||||||||||||||
7,934 | Other Securities | 222,152 | 0.1 | ||||||||||||||||
Philippines: 0.3% | |||||||||||||||||||
3,276,200 | Other Securities | 517,541 | 0.3 | ||||||||||||||||
Russia: 8.3% | |||||||||||||||||||
315,076 | Gazprom OAO ADR | 5,375,196 | 3.0 | ||||||||||||||||
32,671 | Lukoil-Spon ADR | 2,277,169 | 1.3 | ||||||||||||||||
55,487 | Mechel OAO ADR | 1,585,264 | 0.9 | ||||||||||||||||
13,286 | NovaTek OAO GDR | 1,873,618 | 1.1 | ||||||||||||||||
956,726 | Sberbank of Russian Federation | 3,489,891 | 2.0 | ||||||||||||||||
14,601,138 | 8.3 | ||||||||||||||||||
South Africa: 5.0% | |||||||||||||||||||
25,019 | AngloGold Ashanti Ltd | 1,274,093 | 0.7 | ||||||||||||||||
95,390 | Imperial Holdings Ltd. | 1,716,336 | 1.0 | ||||||||||||||||
79,583 | MTN Group Ltd. | 1,770,113 | 1.0 | ||||||||||||||||
45,767 | Naspers Ltd. | 2,756,188 | 1.6 | ||||||||||||||||
82,066 | Standard Bank Group Ltd. | 1,288,890 | 0.7 | ||||||||||||||||
8,805,620 | 5.0 | ||||||||||||||||||
South Korea: 13.6% | |||||||||||||||||||
110,480 | @ | BS Financial Group, Inc. | 1,608,256 | 0.9 | |||||||||||||||
6,080 | Hyundai Mobis | 2,039,283 | 1.2 | ||||||||||||||||
36,640 | KB Financial Group, Inc. | 1,964,104 | 1.1 | ||||||||||||||||
30,571 | Kia Motors Corp. | 2,199,235 | 1.2 | ||||||||||||||||
4,511 | LG Chem Ltd. | 2,241,147 | 1.3 |
ING EMERGING VALUE COUNTRIES FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OFAPRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Shares | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: (continued) | |||||||||||||||||||
South Korea: (continued) | |||||||||||||||||||
5,380 | POSCO | $ | 2,360,935 | 1.3 | |||||||||||||||
6,118 | Samsung Electronics Co., Ltd. | 5,110,249 | 3.0 | ||||||||||||||||
9,940 | Samsung Engineering Co. Ltd | 2,210,637 | 1.3 | ||||||||||||||||
87,720 | Other Securities | 4,068,595 | 2.3 | ||||||||||||||||
23,802,441 | 13.6 | ||||||||||||||||||
Taiwan: 7.1% | |||||||||||||||||||
1,941,733 | Chinatrust Financial Holding Co., Ltd. | 1,783,952 | 1.0 | ||||||||||||||||
1,047,748 | Far Eastern New Century Corp. | 1,649,511 | 0.9 | ||||||||||||||||
501,300 | HON HAI Precision Industry Co., Ltd. | 1,903,698 | 1.1 | ||||||||||||||||
1,409,431 | Taiwan Semiconductor Manufacturing Co., Ltd. | 3,645,475 | 2.1 | ||||||||||||||||
2,369,997 | Other Securities | 3,478,868 | 2.0 | ||||||||||||||||
12,461,504 | 7.1 | ||||||||||||||||||
Thailand: 1.5% | |||||||||||||||||||
444,000 | Siam Commercial Bank PCL | 1,727,973 | 1.0 | ||||||||||||||||
154,300 | Other Securities | 957,630 | 0.5 | ||||||||||||||||
2,685,603 | 1.5 | ||||||||||||||||||
Turkey: 1.5% | |||||||||||||||||||
423,863 | Other Securities | 2,657,945 | 1.5 | ||||||||||||||||
United Kingdom: 1.5% | |||||||||||||||||||
37,292 | Vedanta Resources PLC | 1,456,230 | 0.9 | ||||||||||||||||
57,800 | Other Securities | 1,118,581 | 0.6 | ||||||||||||||||
2,574,811 | 1.5 | ||||||||||||||||||
Total Common Stock | |||||||||||||||||||
(Cost $120,558,793) | 163,052,232 | 92.9 | |||||||||||||||||
EXCHANGE-TRADED FUNDS: 5.1% | |||||||||||||||||||
China: 0.9% | |||||||||||||||||||
935,700 | iShares FTSE/Xinhua A50 CHINA Index ETF | 1,614,470 | 0.9 | ||||||||||||||||
Malaysia: 1.9% | |||||||||||||||||||
221,992 | iShares MSCI Malaysia Index Fund | 3,332,100 | 1.9 | ||||||||||||||||
Taiwan: 2.3% | |||||||||||||||||||
249,332 | L | iShares MSCI Taiwan Index Fund | 3,989,312 | 2.3 | |||||||||||||||
Total Exchange-Traded Funds | |||||||||||||||||||
(Cost $8,350,095) | 8,935,882 | 5.1 | |||||||||||||||||
PREFERRED STOCK: 1.8% | |||||||||||||||||||
Brazil: 1.8% | |||||||||||||||||||
65,916 | Cia Energetica de Minas Gerais | 1,341,616 | 0.8 | ||||||||||||||||
26,200 | #, @ | Itau Unibanco Holding SA ADR | 622,250 | 0.4 | |||||||||||||||
PREFERRED STOCK: (continued) | |||||||||||||||||||
Brazil: (continued) | |||||||||||||||||||
95,243 | Other Securities | $ | 1,135,143 | 0.6 | |||||||||||||||
Total Preferred Stock | |||||||||||||||||||
(Cost $2,903,485) | 3,099,009 | 1.8 | |||||||||||||||||
Total Long-Term Investments | |||||||||||||||||||
(Cost $131,812,373) | 175,087,123 | 99.8 | |||||||||||||||||
SHORT-TERM INVESTMENTS: 1.6% | |||||||||||||||||||
Securities Lending: 1.6% | |||||||||||||||||||
2,645,600 | BNY Mellon Overnight Government Fund(1) | 2,645,600 | 1.5 | ||||||||||||||||
161,615 | R | BNY Institutional Cash Reserves Fund, Series B(1)(2) | 129,292 | 0.1 | |||||||||||||||
Total Short-Term Investments | |||||||||||||||||||
(Cost $2,807,215) | 2,774,892 | 1.6 | |||||||||||||||||
Total Investments in Securities | |||||||||||||||||||
(Cost $134,619,588)* | $ | 177,862,015 | 101.4 | ||||||||||||||||
Liabilities in Excess of Other Assets | (2,533,979 | ) | (1.4 | ) | |||||||||||||||
Net Assets | $ | 175,328,036 | 100.0 |
# | Securities with purchases pursuant to Rule 144A or section 4(2), under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers. | |
@ | Non-income producing security | |
ADR | American Depositary Receipt | |
GDR | Global Depositary Receipt | |
R | Restricted Security | |
L | Loaned security, a portion or all of the security is on loan at April 30, 2011. | |
(1) | Collateral received from brokers for securities lending was invested in these short-term investments. | |
(2) | On September 12, 2008, BNY established a separate sleeve of the Institutional Cash Reserves Fund (Series B) to hold certain Lehman Brothers defaulted debt obligations. The Portfolio’s position in Series B is being fair valued daily. Please see the accompanying Notes to Financial Statements for additional details on securities lending. | |
* | Cost for federal income tax purposes is $140,099,712. |
Net unrealized appreciation consists of: | |||||||
Gross Unrealized Appreciation | $ | 45,359,095 | |||||
Gross Unrealized Depreciation | (7,596,792 | ) | |||||
Net Unrealized appreciation | $ | 37,762,303 |
ING EMERGING VALUE COUNTRIES FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OFAPRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Industry | Percentage of Net Assets | |||||
---|---|---|---|---|---|---|
Consumer Discretionary | 8.0 | % | ||||
Consumer Staples | 5.3 | |||||
Energy | 15.1 | |||||
Financials | 26.0 | |||||
Industrials | 6.7 | |||||
Information Technology | 10.4 | |||||
Materials | 14.9 | |||||
Telecommunications | 6.6 | |||||
Utilities | 1.7 | |||||
Other Long-Term Investments | 5.1 | |||||
Short-Term Investments | 1.6 | |||||
Other Assets and Liabilities — Net | (1.4 | ) | ||||
Net Assets | 100.0 | % |
Quoted Prices in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs# (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at 4/30/2011 | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset Table | ||||||||||||||||||
Investments, at value | ||||||||||||||||||
Common Stock | ||||||||||||||||||
Australia | $ | — | $ | 1,251,709 | $ | — | $ | 1,251,709 | ||||||||||
Brazil | 22,467,771 | 1,989,869 | — | 24,457,640 | ||||||||||||||
Canada | 1,637,518 | — | — | 1,637,518 | ||||||||||||||
China | 918,188 | 26,353,586 | — | 27,271,774 | ||||||||||||||
Czech Republic | — | 1,444,168 | — | 1,444,168 | ||||||||||||||
Egypt | — | 756,403 | — | 756,403 | ||||||||||||||
Hong Kong | — | 7,124,025 | — | 7,124,025 | ||||||||||||||
Hungary | — | 1,549,819 | — | 1,549,819 | ||||||||||||||
India | — | 12,831,868 | — | 12,831,868 | ||||||||||||||
Indonesia | — | 5,787,296 | — | 5,787,296 | ||||||||||||||
Luxembourg | 984,226 | 1,194,984 | — | 2,179,210 | ||||||||||||||
Malaysia | 717,630 | 881,191 | — | 1,598,821 | ||||||||||||||
Mexico | 5,627,821 | — | — | 5,627,821 | ||||||||||||||
Netherlands | — | 768,698 | — | 768,698 | ||||||||||||||
Panama | 436,707 | — | — | 436,707 | ||||||||||||||
Peru | 222,152 | — | — | 222,152 | ||||||||||||||
Philippines | — | 517,541 | — | 517,541 | ||||||||||||||
Russia | 12,727,520 | 1,873,618 | — | 14,601,138 | ||||||||||||||
South Africa | — | 8,805,620 | — | 8,805,620 | ||||||||||||||
South Korea | 1,608,256 | 22,194,185 | — | 23,802,441 | ||||||||||||||
Taiwan | — | 12,461,504 | — | 12,461,504 | ||||||||||||||
Thailand | — | 2,685,603 | — | 2,685,603 | ||||||||||||||
Turkey | — | 2,657,945 | — | 2,657,945 | ||||||||||||||
United Kingdom | 695,410 | 1,879,401 | — | 2,574,811 | ||||||||||||||
Total Common Stock | 48,043,199 | 115,009,033 | — | 163,052,232 | ||||||||||||||
Exchange-Traded Funds | 8,935,882 | — | — | 8,935,882 | ||||||||||||||
Preferred Stock | 2,476,759 | 622,250 | — | 3,099,009 | ||||||||||||||
Short-Term Investments | 2,645,600 | — | 129,292 | 2,774,892 | ||||||||||||||
Total Investments, at value | $ | 62,101,440 | $ | 115,631,283 | $ | 129,292 | $ | 177,862,015 |
ˆ | See Note 2, “Significant Accounting Policies” in the Notes to Financial Statements for additional information. |
ING EMERGING VALUE COUNTRIES FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OFAPRIL 30, 2011 (UNAUDITED) (CONTINUED) |
# | The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Portfolio may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Portfolio’s investments are categorized as Level 2 investments. |
Beginning Balance 10/31/2010 | Purchases | Sales | Accrued Discounts/ (Premiums) | Total Realized Gain/(Loss) | Total Unrealized Appreciation/ (Depreciation) | Transfers Into Level 3 | Transfers Out of Level 3 | Ending Balance 4/30/2011 | ||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset Table | �� | |||||||||||||||||||||||||||||||||||||
Investments, at value | ||||||||||||||||||||||||||||||||||||||
Common Stock | $ | 683,409 | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | (683,409 | ) | $ | — | |||||||||||||||||||
Short-Term Investments | 129,292 | — | — | — | — | — | — | — | 129,292 | |||||||||||||||||||||||||||||
Total Investments, at value | $ | 812,701 | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | (683,409 | ) | $ | 129,292 |
ING GLOBAL OPPORTUNITIES FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OFAPRIL 30, 2011 (UNAUDITED) |
Shares | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 93.9% | |||||||||||||||||||
Bermuda: 0.4% | |||||||||||||||||||
3,982 | Other Securities | $ | 384,343 | 0.4 | |||||||||||||||
Brazil: 3.6% | |||||||||||||||||||
23,281 | Petroleo Brasileiro SA ADR | 869,080 | 0.9 | ||||||||||||||||
95,949 | SLC Agricola SA | 1,206,376 | 1.2 | ||||||||||||||||
134,425 | Other Securities | 1,542,976 | 1.5 | ||||||||||||||||
3,618,432 | 3.6 | ||||||||||||||||||
Canada: 1.4% | |||||||||||||||||||
31,190 | Suncor Energy, Inc. | 1,437,611 | 1.4 | ||||||||||||||||
China: 3.8% | |||||||||||||||||||
255,000 | China Yurun Food Group Ltd. | 936,923 | 0.9 | ||||||||||||||||
1,814,475 | Other Securities | 2,861,949 | 2.9 | ||||||||||||||||
3,798,872 | 3.8 | ||||||||||||||||||
Denmark: 0.9% | |||||||||||||||||||
13,666 | Other Securities | 893,919 | 0.9 | ||||||||||||||||
France: 2.8% | |||||||||||||||||||
6,923 | LVMH Moet Hennessy Louis Vuitton SA | 1,242,937 | 1.2 | ||||||||||||||||
23,735 | Other Securities | 1,551,444 | 1.6 | ||||||||||||||||
2,794,381 | 2.8 | ||||||||||||||||||
Germany: 4.2% | |||||||||||||||||||
5,333 | Allianz SE | 837,875 | 0.8 | ||||||||||||||||
9,135 | @ | BASF SE | 938,019 | 0.9 | |||||||||||||||
18,425 | Bayer AG | 1,617,618 | 1.7 | ||||||||||||||||
5,678 | Siemens AG | 825,916 | 0.8 | ||||||||||||||||
4,219,428 | 4.2 | ||||||||||||||||||
Hong Kong: 2.0% | |||||||||||||||||||
207,000 | China Resources Enterprise | 835,909 | 0.8 | ||||||||||||||||
2,098,393 | Other Securities | 1,205,531 | 1.2 | ||||||||||||||||
2,041,440 | 2.0 | ||||||||||||||||||
Indonesia: 4.1% | |||||||||||||||||||
254,757 | Astra International Tbk PT | 1,674,352 | 1.7 | ||||||||||||||||
2,278,392 | Bank Mandiri Persero TBK PT | 1,905,589 | 1.9 | ||||||||||||||||
1,331,500 | Other Securities | 535,034 | 0.5 | ||||||||||||||||
4,114,975 | 4.1 | ||||||||||||||||||
Italy: 0.5% | |||||||||||||||||||
35,000 | Other Securities | 519,959 | 0.5 | ||||||||||||||||
Japan: 7.8% | |||||||||||||||||||
23,128 | Honda Motor Co., Ltd. | 889,136 | 0.9 | ||||||||||||||||
49,000 | Mitsubishi Estate Co., Ltd. | 857,490 | 0.9 | ||||||||||||||||
52,700 | Mitsui & Co., Ltd. | 937,801 | 0.8 | ||||||||||||||||
473,519 | Other Securities | 5,203,553 | 5.2 | ||||||||||||||||
7,887,980 | 7.8 | ||||||||||||||||||
Kazakhstan: 0.5% | |||||||||||||||||||
30,969 | Other Securities | 474,583 | 0.5 | ||||||||||||||||
COMMON STOCK: (continued) | |||||||||||||||||||
Mexico: 0.6% | |||||||||||||||||||
246,614 | Other Securities | $ | 608,410 | 0.6 | |||||||||||||||
Netherlands: 3.4% | |||||||||||||||||||
11,935 | Akzo Nobel NV | 925,419 | 0.9 | ||||||||||||||||
38,544 | Unilever NV | 1,268,895 | 1.3 | ||||||||||||||||
54,333 | Other Securities | 1,193,375 | 1.2 | ||||||||||||||||
3,387,689 | 3.4 | ||||||||||||||||||
Norway: 0.7% | |||||||||||||||||||
41,997 | Other Securities | 725,527 | 0.7 | ||||||||||||||||
Poland: 1.2% | |||||||||||||||||||
69,392 | Powszechna Kasa Oszczednosci Bank Polski SA | 1,194,141 | 1.2 | ||||||||||||||||
Russia: 1.8% | |||||||||||||||||||
108,784 | Gazprom OAO ADR | 1,855,855 | 1.8 | ||||||||||||||||
�� | |||||||||||||||||||
Singapore: 0.9% | |||||||||||||||||||
117,000 | Oversea-Chinese Banking Corp., Ltd. | 913,679 | 0.9 | ||||||||||||||||
South Korea: 1.8% | |||||||||||||||||||
21,311 | Shinhan Financial Group Co., Ltd. | 1,045,477 | 1.1 | ||||||||||||||||
893 | Other Securities | 745,906 | 0.7 | ||||||||||||||||
1,791,383 | 1.8 | ||||||||||||||||||
Spain: 0.8% | |||||||||||||||||||
29,841 | Other Securities | 801,684 | 0.8 | ||||||||||||||||
Switzerland: 7.2% | |||||||||||||||||||
40,619 | @ | ABB Ltd. | 1,121,705 | 1.1 | |||||||||||||||
15,650 | Compagnie Financiere Richemont SA | 1,012,229 | 1.0 | ||||||||||||||||
32,384 | Credit Suisse Group AG | 1,474,012 | 1.5 | ||||||||||||||||
76,162 | @ | UBS AG | 1,524,197 | 1.5 | |||||||||||||||
34,661 | Other Securities | 2,075,858 | 2.1 | ||||||||||||||||
7,208,001 | 7.2 | ||||||||||||||||||
United Kingdom: 8.4% | |||||||||||||||||||
57,321 | BG Group PLC | 1,476,100 | 1.4 | ||||||||||||||||
20,236 | BHP Billiton PLC | 855,575 | 0.9 | ||||||||||||||||
190,889 | BP PLC | 1,467,409 | 1.5 | ||||||||||||||||
140,760 | HSBC Holdings PLC | 1,535,389 | 1.5 | ||||||||||||||||
23,757 | Imperial Tobacco Group PLC | 837,963 | 0.8 | ||||||||||||||||
152,954 | Other Securities | 2,283,020 | 2.3 | ||||||||||||||||
8,455,456 | 8.4 | ||||||||||||||||||
United States: 35.1% | |||||||||||||||||||
34,683 | @ | Adobe Systems, Inc. | 1,163,615 | 1.2 | |||||||||||||||
5,700 | @ | Apple, Inc. | 1,984,912 | 2.1 | |||||||||||||||
401,341 | @ | Citigroup, Inc. | 1,842,155 | 1.9 | |||||||||||||||
12,000 | @ | Citrix Systems, Inc. | 1,012,080 | 1.0 |
ING GLOBAL OPPORTUNITIES FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OFAPRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Shares | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: (continued) | |||||||||||||||||||
United States: (continued) | |||||||||||||||||||
15,366 | Exxon Mobil Corp. | $ | 1,352,208 | 1.3 | |||||||||||||||
2,400 | @ | Google, Inc. | 1,305,840 | 1.3 | |||||||||||||||
30,751 | Hewlett-Packard Co. | 1,241,418 | 1.2 | ||||||||||||||||
21,659 | JPMorgan Chase & Co. | 988,300 | 1.0 | ||||||||||||||||
21,775 | @ | Juniper Networks, Inc. | 834,636 | 0.8 | |||||||||||||||
15,207 | Marathon Oil Corp. | 821,786 | 0.8 | ||||||||||||||||
16,514 | Mead Johnson Nutrition Co. | 1,104,456 | 1.1 | ||||||||||||||||
72,000 | @ | NetApp, Inc. | 3,742,561 | 3.8 | |||||||||||||||
9,066 | Occidental Petroleum Corp. | 1,036,153 | 1.0 | ||||||||||||||||
18,901 | @ | Southwestern Energy Co. | 828,998 | 0.8 | |||||||||||||||
41,693 | @ | Symantec Corp. | 819,267 | 0.8 | |||||||||||||||
16,096 | @ | Teradata Corp. | 900,088 | 0.9 | |||||||||||||||
17,685 | @ | Thermo Fisher Scientific, Inc. | 1,060,923 | 1.0 | |||||||||||||||
70,719 | @ | Weatherford International Ltd. | 1,526,117 | 1.6 | |||||||||||||||
32,293 | Wells Fargo & Co. | 940,049 | 0.9 | ||||||||||||||||
305,070 | Other Securities | 10,731,742 | 10.6 | ||||||||||||||||
35,237,304 | 35.1 | ||||||||||||||||||
Total Common Stock | |||||||||||||||||||
(Cost $74,793,548) | 94,365,052 | 93.9 | |||||||||||||||||
EXCHANGE-TRADED FUNDS: 2.1% | |||||||||||||||||||
United States: 2.1% | |||||||||||||||||||
29,221 | L | SPDR S&P Biotech ETF | 2,156,218 | 2.1 | |||||||||||||||
Total Exchange-Traded Funds | |||||||||||||||||||
(Cost $1,454,765) | 2,156,218 | 2.1 | |||||||||||||||||
Total Long-Term Investments | |||||||||||||||||||
(Cost $76,248,313) | 96,521,270 | 96.0 | |||||||||||||||||
SHORT-TERM INVESTMENTS: 0.5% | |||||||||||||||||||
Securities Lending: 0.5% | |||||||||||||||||||
359,117 | BNY Mellon Overnight Government Fund(1) | 359,117 | 0.4 | ||||||||||||||||
173,707 | R | BNY Institutional Cash Reserves Fund, Series B(1)(2) | 138,966 | 0.1 | |||||||||||||||
Total Short-Term Investments | |||||||||||||||||||
(Cost $532,824) | 498,083 | 0.5 | |||||||||||||||||
Total Investments in Securities (Cost $76,781,137)* | $ | 97,019,353 | 96.5 | ||||||||||||||||
Assets in Excess of Other Liabilities | 3,483,368 | 3.5 | |||||||||||||||||
Net Assets | $ | 100,502,721 | 100.0 |
@ | Non-income producing security | |
ADR | American Depositary Receipt | |
R | Restricted Security | |
L | Loaned security, a portion or all of the security is on loan at April 30, 2011. | |
(1) | Collateral received from brokers for securities lending was invested in these short-term investments. | |
(2) | On September 12, 2008, BNY established a separate sleeve of the Institutional Cash Reserves Fund (Series B) to hold certain Lehman Brothers defaulted debt obligations. The Portfolio’s position in Series B is being fair valued daily. Please see the accompanying Notes to Financial Statements for additional details on securities lending. | |
* | Cost for federal income tax purposes is $77,301,394. |
Net unrealized appreciation consists of: | |||||||
Gross Unrealized Appreciation | $ | 21,323,473 | |||||
Gross Unrealized Depreciation | (1,605,514 | ) | |||||
Net Unrealized appreciation | $ | 19,717,959 |
Industry | Percentage of Net Assets | |||||
---|---|---|---|---|---|---|
Consumer Discretionary | 7.3 | % | ||||
Consumer Staples | 7.8 | |||||
Energy | 15.9 | |||||
Financials | 19.9 | |||||
Health Care | 7.0 | |||||
Industrials | 8.9 | |||||
Information Technology | 17.1 | |||||
Materials | 7.4 | |||||
Telecommunications | 2.1 | |||||
Utilities | 0.5 | |||||
Other Long-Term Investments | 2.1 | |||||
Short-Term Investments | 0.5 | |||||
Other Assets and Liabilities — Net | 3.5 | |||||
Net Assets | 100.0 | % |
ING GLOBAL OPPORTUNITIES FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OFAPRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Quoted Prices in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs # (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at 4/30/2011 | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset Table | ||||||||||||||||||
Investments, at value | ||||||||||||||||||
Common Stock | ||||||||||||||||||
Bermuda | $ | 384,343 | $ | — | $ | — | $ | 384,343 | ||||||||||
Brazil | 3,618,432 | — | — | 3,618,432 | ||||||||||||||
Canada | 1,437,611 | — | — | 1,437,611 | ||||||||||||||
China | — | 3,798,872 | — | 3,798,872 | ||||||||||||||
Denmark | — | 893,919 | — | 893,919 | ||||||||||||||
France | — | 2,794,381 | — | 2,794,381 | ||||||||||||||
Germany | — | 4,219,428 | — | 4,219,428 | ||||||||||||||
Hong Kong | — | 2,041,440 | — | 2,041,440 | ||||||||||||||
Indonesia | — | 4,114,975 | — | 4,114,975 | ||||||||||||||
Italy | 519,959 | — | — | 519,959 | ||||||||||||||
Japan | — | 7,887,980 | — | 7,887,980 | ||||||||||||||
Kazakhstan | — | 474,583 | — | 474,583 | ||||||||||||||
Mexico | 608,410 | — | — | 608,410 | ||||||||||||||
Netherlands | 608,794 | 2,778,895 | — | 3,387,689 | ||||||||||||||
Norway | — | 725,527 | — | 725,527 | ||||||||||||||
Poland | — | 1,194,141 | — | 1,194,141 | ||||||||||||||
Russia | 1,855,855 | — | — | 1,855,855 | ||||||||||||||
Singapore | — | 913,679 | — | 913,679 | ||||||||||||||
South Korea | — | 1,791,383 | — | 1,791,383 | ||||||||||||||
Spain | — | 801,684 | — | 801,684 | ||||||||||||||
Switzerland | — | 7,208,001 | — | 7,208,001 | ||||||||||||||
United Kingdom | — | 8,455,456 | — | 8,455,456 | ||||||||||||||
United States | 35,237,304 | — | — | 35,237,304 | ||||||||||||||
Total Common Stock | 44,270,708 | 50,094,344 | — | 94,365,052 | ||||||||||||||
Exchange-Traded Funds | 2,156,218 | — | — | 2,156,218 | ||||||||||||||
Short-Term Investments | 359,117 | — | 138,966 | 498,083 | ||||||||||||||
Total Investments, at value | $ | 46,786,043 | $ | 50,094,344 | $ | 138,966 | $ | 97,019,353 |
ˆ | See Note 2, “Significant Accounting Policies” in the Notes to Financial Statements for additional information. |
# | The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Portfolio may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Portfolio’s investments are categorized as Level 2 investments. |
Beginning Balance 10/31/2010 | Purchases | Sales | Accrued Discounts/ (Premiums) | Total Realized Gain/(Loss) | Total Unrealized Appreciation/ (Depreciation) | Transfers Into Level 3 | Transfers Out of Level 3 | Ending Balance 4/30/2011 | ||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset Table | ||||||||||||||||||||||||||||||||||||||
Investments, at value | ||||||||||||||||||||||||||||||||||||||
Short-Term Investments | $ | 138,966 | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | 138,966 | ||||||||||||||||||||
Total Investments, at value | $ | 138,966 | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | 138,966 |
ING GREATER CHINA FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OFAPRIL 30, 2011 (UNAUDITED) |
Shares | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 98.7% | |||||||||||||||||||
China: 38.5% | |||||||||||||||||||
606,000 | @ | Agricultural Bank of China Ltd. | $ | 358,845 | 0.8 | ||||||||||||||
2,273,400 | Bank of China Ltd. | 1,258,291 | 2.8 | ||||||||||||||||
1,295,960 | China Construction Bank | 1,227,173 | 2.7 | ||||||||||||||||
241,000 | China Life Insurance Co., Ltd. | 861,435 | 1.9 | ||||||||||||||||
872,500 | China Minsheng Banking Corp. Ltd | 838,007 | 1.9 | ||||||||||||||||
390,000 | China Petroleum & Chemical Corp. | 393,108 | 0.9 | ||||||||||||||||
535,000 | CNOOC Ltd. | 1,329,785 | 2.9 | ||||||||||||||||
743,000 | Evergrande Real Estate Group Ltd. | 531,293 | 1.2 | ||||||||||||||||
1,689,140 | Industrial & Commercial Bank of China | 1,432,752 | 3.3 | ||||||||||||||||
794,000 | PetroChina Co., Ltd. | 1,152,570 | 2.6 | ||||||||||||||||
51,000 | Ping An Insurance Group Co. of China Ltd. | 556,051 | 1.2 | ||||||||||||||||
578,000 | Real Gold Mining Ltd. | 823,070 | 1.8 | ||||||||||||||||
493,500 | Shimao Property Holdings Ltd. | 672,375 | 1.5 | ||||||||||||||||
637,000 | China National Materials Co. Ltd. | 628,916 | 1.4 | ||||||||||||||||
43,300 | Tencent Holdings Ltd. | 1,236,393 | 2.7 | ||||||||||||||||
236,000 | Yanzhou Coal Mining Co., Ltd. | 928,308 | 2.1 | ||||||||||||||||
3,997,600 | Other Securities | 3,074,195 | 6.8 | ||||||||||||||||
17,302,567 | 38.5 | ||||||||||||||||||
Hong Kong: 31.0% | |||||||||||||||||||
152,800 | @ | AIA Group Ltd. | 515,317 | 1.1 | |||||||||||||||
125,000 | BOC Hong Kong Holdings Ltd. | 392,942 | 0.9 | ||||||||||||||||
30,000 | Cheung Kong Holdings Ltd. | 473,474 | 1.1 | ||||||||||||||||
109,500 | China Mobile Ltd. | 1,007,234 | 2.3 | ||||||||||||||||
186,000 | China Unicom Hong Kong Ltd. | 380,424 | 0.8 | ||||||||||||||||
490,000 | Chow Sang Sang Holdings International Ltd. | 1,345,368 | 3.0 | ||||||||||||||||
299,680 | Dah Sing Banking Group Ltd. | 485,028 | 1.1 | ||||||||||||||||
2,456,000 | @ | Fook Woo Group Holdings Ltd. | 764,177 | 1.6 | |||||||||||||||
79,000 | Hang Lung Properties Ltd. | 352,273 | 0.8 | ||||||||||||||||
55,200 | Hong Kong Exchanges and Clearing Ltd. | 1,262,316 | 2.7 | ||||||||||||||||
140,000 | HongKong Electric Holdings | 980,360 | 2.2 | ||||||||||||||||
65,000 | Hutchison Whampoa Ltd. | 743,374 | 1.7 | ||||||||||||||||
130,000 | Kerry Properties Ltd. | 695,151 | 1.5 | ||||||||||||||||
642,000 | Oriental Watch Holdings | 352,276 | 0.8 | ||||||||||||||||
210,500 | Ports Design Ltd. | 580,812 | 1.3 | ||||||||||||||||
198,000 | Sino Land Co. | 349,185 | 0.8 | ||||||||||||||||
COMMON STOCK: (continued) | |||||||||||||||||||
Hong Kong: (continued) | |||||||||||||||||||
28,000 | Sun Hung Kai Properties Ltd. | $ | 438,550 | 1.0 | |||||||||||||||
104,500 | Wharf Holdings Ltd. | 766,850 | 1.7 | ||||||||||||||||
3,682,000 | Other Securities | 2,070,554 | 4.6 | ||||||||||||||||
13,955,665 | 31.0 | ||||||||||||||||||
Taiwan: 29.2% | |||||||||||||||||||
225,250 | Cathay Financial Holding Co., Ltd. | 376,611 | 0.8 | ||||||||||||||||
905,913 | China Life Insurance Co., Ltd. | 1,060,950 | 2.5 | ||||||||||||||||
264,600 | Chunghwa Telecom Co., Ltd. | 841,733 | 1.9 | ||||||||||||||||
215,000 | @ | E Ink Holdings, Inc. | 439,152 | 1.0 | |||||||||||||||
1,351,701 | E.Sun Financial Holding Co., Ltd. | 959,138 | 2.1 | ||||||||||||||||
132,170 | Entire Technology Co. Ltd. | 487,884 | 1.1 | ||||||||||||||||
141,000 | Formosa Chemicals & Fibre Co. | 570,186 | 1.3 | ||||||||||||||||
92,000 | Formosa Plastics Corp. | 376,753 | 0.8 | ||||||||||||||||
482,000 | Fubon Financial Holding Co., Ltd. | 708,043 | 1.6 | ||||||||||||||||
145,960 | HON HAI Precision Industry Co., Ltd. | 554,286 | 1.2 | ||||||||||||||||
21,040 | HTC Corp. | 957,670 | 2.0 | ||||||||||||||||
138,186 | Huaku Development Co. Ltd | 406,287 | 0.9 | ||||||||||||||||
713,000 | King Yuan Electronics Co., Ltd. | 401,245 | 0.9 | ||||||||||||||||
119,000 | Nan Ya Plastics Corp. | 365,519 | 0.8 | ||||||||||||||||
168,000 | Taiwan Fertilizer Co., Ltd. | 566,844 | 1.3 | ||||||||||||||||
828,000 | Taiwan Semiconductor Manufacturing Co., Ltd. | 2,141,610 | 4.7 | ||||||||||||||||
1,720,907 | Other Securities | 1,937,622 | 4.3 | ||||||||||||||||
13,151,533 | 29.2 | ||||||||||||||||||
Total Common Stock | |||||||||||||||||||
(Cost $34,613,864) | 44,409,765 | 98.7 | |||||||||||||||||
RIGHTS: 0.1% | |||||||||||||||||||
Taiwan: 0.1% | |||||||||||||||||||
119,295 | Other Securities | 35,211 | 0.1 | ||||||||||||||||
Total Rights | |||||||||||||||||||
(Cost $—) | 35,211 | 0.1 | |||||||||||||||||
WARRANTS: 0.0% | |||||||||||||||||||
Hong Kong: 0.0% | |||||||||||||||||||
9,400 | Other Securities | 260 | 0.0 | ||||||||||||||||
Total Warrants | |||||||||||||||||||
(Cost $—) | 260 | 0.0 | |||||||||||||||||
Total Investments in Securities (Cost $34,613,864)* | $ | 44,445,236 | 98.8 | ||||||||||||||||
Assets in Excess of Other Liabilities | 534,125 | 1.2 | |||||||||||||||||
Net Assets | $ | 44,979,361 | 100.0 |
ING GREATER CHINA FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OFAPRIL 30, 2011 (UNAUDITED) (CONTINUED) |
@ | Non-income producing security | |
* | Cost for federal income tax purposes is $35,812,348. |
Net unrealized appreciation consists of: | |||||||
Gross Unrealized Appreciation | $ | 10,249,266 | |||||
Gross Unrealized Depreciation | (1,616,378 | ) | |||||
Net Unrealized appreciation | $ | 8,632,888 |
Industry | Percentage of Net Assets | |||||
---|---|---|---|---|---|---|
Consumer Discretionary | 9.3 | % | ||||
Consumer Staples | 1.2 | |||||
Energy | 9.0 | |||||
Financials | 41.6 | |||||
Industrials | 6.0 | |||||
Information Technology | 15.2 | |||||
Materials | 7.9 | |||||
Telecommunications | 6.2 | |||||
Utilities | 2.4 | |||||
Other Assets and Liabilities — Net | 1.2 | |||||
Net Assets | 100.0 | % |
Quoted Prices in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs # (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at 4/30/2011 | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset Table | ||||||||||||||||||
Investments, at value | ||||||||||||||||||
Common Stock | ||||||||||||||||||
China | $ | 58,103 | $ | 17,244,464 | $ | — | $ | 17,302,567 | ||||||||||
Hong Kong | — | 13,955,665 | — | 13,955,665 | ||||||||||||||
Taiwan | — | 13,151,533 | — | 13,151,533 | ||||||||||||||
Total Common Stock | 58,103 | 44,351,662 | — | 44,409,765 | ||||||||||||||
Rights | — | 35,211 | — | 35,211 | ||||||||||||||
Warrants | 260 | — | — | 260 | ||||||||||||||
Total Investments, at value | $ | 58,363 | $ | 44,386,873 | $ | — | $ | 44,445,236 |
ˆ | See Note 2, “Significant Accounting Policies” in the Notes to Financial Statements for additional information. |
# | The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Portfolio may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Portfolio’s investments are categorized as Level 2 investments. |
ING INDEX PLUS INTERNATIONAL EQUITY FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) |
Shares | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 96.5% | |||||||||||||||||||
Australia: 8.3% | |||||||||||||||||||
22,665 | Australia & New Zealand Banking Group Ltd. | $ | 603,731 | 0.6 | |||||||||||||||
28,068 | S | BHP Billiton Ltd. | 1,421,065 | 1.4 | |||||||||||||||
11,438 | Commonwealth Bank of Australia | 675,213 | 0.8 | ||||||||||||||||
18,867 | National Australia Bank Ltd. | 561,721 | 0.5 | ||||||||||||||||
20,331 | Westpac Banking Corp. | 555,037 | 0.5 | ||||||||||||||||
19,137 | Woolworths Ltd. | 556,906 | 0.5 | ||||||||||||||||
554,261 | Other Securities | 4,141,638 | 4.0 | ||||||||||||||||
8,515,311 | 8.3 | ||||||||||||||||||
Austria: 0.6% | |||||||||||||||||||
14,032 | Other Securities | 658,201 | 0.6 | ||||||||||||||||
Belgium: 0.8% | |||||||||||||||||||
22,936 | Other Securities | 839,102 | 0.8 | ||||||||||||||||
Bermuda: 0.2% | |||||||||||||||||||
5,830 | Other Securities | 206,836 | 0.2 | ||||||||||||||||
Denmark: 0.7% | |||||||||||||||||||
7,008 | Other Securities | 734,348 | 0.7 | ||||||||||||||||
Finland: 1.7% | |||||||||||||||||||
93,354 | Other Securities | 1,762,800 | 1.7 | ||||||||||||||||
France: 9.5% | |||||||||||||||||||
8,251 | BNP Paribas | 652,281 | 0.7 | ||||||||||||||||
8,538 | Danone | 625,122 | 0.7 | ||||||||||||||||
17,966 | GDF Suez | 734,618 | 0.7 | ||||||||||||||||
7,785 | Sanofi-Aventis SA | 615,927 | 0.6 | ||||||||||||||||
4,040 | Schneider Electric SA | 713,759 | 0.8 | ||||||||||||||||
16,830 | Total SA | 1,077,818 | 1.1 | ||||||||||||||||
120,867 | Other Securities | 5,148,262 | 4.9 | ||||||||||||||||
9,567,787 | 9.5 | ||||||||||||||||||
Germany: 8.8% | |||||||||||||||||||
4,634 | Allianz SE | 728,054 | 0.8 | ||||||||||||||||
11,145 | @ | BASF SE | 1,144,415 | 1.2 | |||||||||||||||
8,493 | Bayer AG | 745,640 | 0.8 | ||||||||||||||||
6,686 | Bayerische Motoren Werke AG | 629,479 | 0.5 | ||||||||||||||||
8,680 | Deutsche Bank AG | 565,323 | 0.6 | ||||||||||||||||
9,499 | SAP AG | 612,022 | 0.6 | ||||||||||||||||
8,815 | Siemens AG | 1,282,221 | 1.2 | ||||||||||||||||
288 | @ | Volkswagen AG | 51,287 | 0.1 | |||||||||||||||
114,336 | Other Securities | 3,276,933 | 3.0 | ||||||||||||||||
9,035,374 | 8.8 | ||||||||||||||||||
Greece: 0.3% | |||||||||||||||||||
21,601 | Other Securities | 357,424 | 0.3 | ||||||||||||||||
Guernsey: 0.1% | |||||||||||||||||||
27,292 | Other Securities | 138,208 | 0.1 | ||||||||||||||||
COMMON STOCK: (continued) | |||||||||||||||||||
Hong Kong: 2.7% | |||||||||||||||||||
799,462 | Other Securities | $ | 2,727,337 | 2.7 | |||||||||||||||
Ireland: 0.2% | |||||||||||||||||||
6,744 | Other Securities | 166,057 | 0.2 | ||||||||||||||||
Israel: 0.7% | |||||||||||||||||||
41,602 | Other Securities | 697,841 | 0.7 | ||||||||||||||||
Italy: 3.5% | |||||||||||||||||||
112,758 | Enel S.p.A. | 804,117 | 0.8 | ||||||||||||||||
40,165 | ENI S.p.A. | 1,075,365 | 1.1 | ||||||||||||||||
638,950 | Other Securities | 1,668,873 | 1.6 | ||||||||||||||||
3,548,355 | 3.5 | ||||||||||||||||||
Japan: 18.4% | |||||||||||||||||||
21,600 | Mitsubishi Corp. | 585,958 | 0.7 | ||||||||||||||||
33,292 | Mitsui & Co., Ltd. | 592,435 | 0.7 | ||||||||||||||||
11,751 | Takeda Pharmaceutical Co., Ltd. | 569,487 | 0.6 | ||||||||||||||||
22,990 | Toyota Motor Corp. | 917,097 | 0.8 | ||||||||||||||||
1,175,836 | Other Securities | 16,023,553 | 15.6 | ||||||||||||||||
18,688,530 | 18.4 | ||||||||||||||||||
Luxembourg: 0.1% | |||||||||||||||||||
4,100 | Other Securities | 135,627 | 0.1 | ||||||||||||||||
Macau: 0.1% | |||||||||||||||||||
18,800 | Other Securities | 67,094 | 0.1 | ||||||||||||||||
Malaysia: 0.0% | |||||||||||||||||||
22,000 | Other Securities | 39,074 | 0.0 | ||||||||||||||||
Mexico: 0.1% | |||||||||||||||||||
4,166 | Other Securities | 114,814 | 0.1 | ||||||||||||||||
Netherlands: 4.8% | |||||||||||||||||||
525 | Royal Dutch Shell PLC | 20,280 | 0.0 | ||||||||||||||||
32,595 | Royal Dutch Shell PLC — Class A | 1,269,624 | 1.3 | ||||||||||||||||
27,196 | Royal Dutch Shell PLC — Class B | 1,058,047 | 1.0 | ||||||||||||||||
24,130 | Unilever NV | 794,376 | 0.8 | ||||||||||||||||
66,116 | Other Securities | 1,792,244 | 1.7 | ||||||||||||||||
4,934,571 | 4.8 | ||||||||||||||||||
New Zealand: 0.2% | |||||||||||||||||||
136,457 | Other Securities | 239,289 | 0.2 | ||||||||||||||||
Norway: 0.5% | |||||||||||||||||||
28,952 | Other Securities | 543,631 | 0.5 | ||||||||||||||||
Portugal: 0.7% | |||||||||||||||||||
66,637 | Other Securities | 746,709 | 0.7 | ||||||||||||||||
Singapore: 1.6% | |||||||||||||||||||
277,000 | Other Securities | 1,603,763 | 1.6 |
ING INDEX PLUS INTERNATIONAL EQUITY FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Shares | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: (continued) | |||||||||||||||||||
Spain: 3.7% | |||||||||||||||||||
70,089 | Banco Santander SA | $ | 895,072 | 0.8 | |||||||||||||||
21,847 | Repsol YPF SA | 779,922 | 0.8 | ||||||||||||||||
29,237 | @ | Telefonica SA | 785,458 | 0.8 | |||||||||||||||
105,705 | Other Securities | 1,326,209 | 1.3 | ||||||||||||||||
3,786,661 | 3.7 | ||||||||||||||||||
Sweden: 3.4% | |||||||||||||||||||
19,863 | Atlas Copco AB | 583,381 | 0.7 | ||||||||||||||||
26,470 | Sandvik AB | 561,157 | 0.6 | ||||||||||||||||
125,919 | Other Securities | 2,329,429 | 2.1 | ||||||||||||||||
3,473,967 | 3.4 | ||||||||||||||||||
Switzerland: 6.5% | |||||||||||||||||||
9,006 | Compagnie Financiere Richemont SA | 582,500 | 0.6 | ||||||||||||||||
21,747 | Nestle SA | 1,349,801 | 1.3 | ||||||||||||||||
19,755 | Novartis AG | 1,171,475 | 1.2 | ||||||||||||||||
6,611 | Roche Holding AG | 1,073,097 | 1.0 | ||||||||||||||||
256 | # | Synthes, Inc. | 44,120 | 0.0 | |||||||||||||||
28,334 | @ | UBS AG | 567,036 | 0.6 | |||||||||||||||
49,975 | Other Securities | 1,906,710 | 1.8 | ||||||||||||||||
6,694,739 | 6.5 | ||||||||||||||||||
United Kingdom: 18.3% | |||||||||||||||||||
17,359 | Anglo American PLC | 909,938 | 0.9 | ||||||||||||||||
16,727 | AstraZeneca PLC | 829,954 | 0.8 | ||||||||||||||||
18,294 | BHP Billiton PLC | 773,467 | 0.8 | ||||||||||||||||
158,964 | BP PLC | 1,221,995 | 1.1 | ||||||||||||||||
25,794 | British American Tobacco PLC | 1,127,118 | 1.2 | ||||||||||||||||
32,187 | Diageo PLC | 654,787 | 0.6 | ||||||||||||||||
42,193 | GlaxoSmithKline PLC | 921,703 | 0.9 | ||||||||||||||||
129,197 | HSBC Holdings PLC | 1,409,260 | 1.5 | ||||||||||||||||
18,783 | Imperial Tobacco Group PLC | 662,519 | 0.6 | ||||||||||||||||
60,592 | National Grid PLC | 621,676 | 0.6 | ||||||||||||||||
11,186 | Rio Tinto PLC | 816,186 | 0.8 | ||||||||||||||||
356,620 | Vodafone Group PLC | 1,030,913 | 0.9 | ||||||||||||||||
1,826,506 | Other Securities | 7,614,770 | 7.6 | ||||||||||||||||
18,594,286 | 18.3 | ||||||||||||||||||
Total Common Stock | |||||||||||||||||||
(Cost $77,469,032) | 98,617,736 | 96.5 | |||||||||||||||||
PREFERRED STOCK: 1.1% | |||||||||||||||||||
Germany: 1.1% | |||||||||||||||||||
3,468 | @ | Volkswagen AG | 682,567 | 0.6 | |||||||||||||||
14,715 | Other Securities | 467,608 | 0.5 | ||||||||||||||||
Total Preferred Stock | |||||||||||||||||||
(Cost $1,050,904) | 1,150,175 | 1.1 | |||||||||||||||||
Total Long-Term Investments | |||||||||||||||||||
(Cost $78,519,936) | 99,767,911 | 97.6 | |||||||||||||||||
SHORT-TERM INVESTMENTS: 1.3% | |||||||||||||||||||
Mutual Funds: 1.3% | |||||||||||||||||||
1,375,000 | BlackRock Liquidity Funds,TempFund, Institutional Class (Cost $1,375,000) | $ | 1,375,000 | 1.3 | |||||||||||||||
Total Short-Term Investments | |||||||||||||||||||
(Cost $1,375,000) | 1,375,000 | 1.3 | |||||||||||||||||
Total Investments in Securities (Cost $79,894,936)* | $ | 101,142,911 | 98.9 | ||||||||||||||||
Assets in Excess of Other Liabilities | 1,099,462 | 1.1 | |||||||||||||||||
Net Assets | $ | 102,242,373 | 100.0 |
# | Securities with purchases pursuant to Rule 144A or section 4(2), under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers. | |
@ | Non-income producing security | |
S | All or a portion of this security has been identified by the Fund to cover future collateral requirements for applicable futures, options, swaps, foreign currency contracts and/or when-issued or delayed-delivery securities. | |
* | Cost for federal income tax purposes is $83,546,540. |
Net unrealized appreciation consists of: | ||||||||
Gross Unrealized Appreciation | $ | 21,630,482 | ||||||
Gross Unrealized Depreciation | (4,034,111 | ) | ||||||
Net Unrealized appreciation | $ | 17,596,371 |
Industry | Percentage of Net Assets | |||||
---|---|---|---|---|---|---|
Consumer Discretionary | 10.6 | % | ||||
Consumer Staples | 9.6 | |||||
Energy | 8.8 | |||||
Financials | 23.0 | |||||
Health Care | 8.1 | |||||
Industrials | 11.9 | |||||
Information Technology | 4.4 | |||||
Materials | 11.0 | |||||
Telecommunications | 5.5 | |||||
Utilities | 4.7 | |||||
Short-Term Investments | 1.3 | |||||
Other Assets and Liabilities — Net | 1.1 | |||||
Net Assets | 100.0 | % |
ING INDEX PLUS INTERNATIONAL EQUITY FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Quoted Prices in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs# (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at 4/30/2011 | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset Table | ||||||||||||||||||
Investments, at value | ||||||||||||||||||
Common Stock | ||||||||||||||||||
Australia | $ | 61,741 | $ | 8,453,570 | $ | — | $ | 8,515,311 | ||||||||||
Austria | — | 658,201 | — | 658,201 | ||||||||||||||
Belgium | 63 | 839,039 | — | 839,102 | ||||||||||||||
Bermuda | — | 206,836 | — | 206,836 | ||||||||||||||
Denmark | — | 734,348 | — | 734,348 | ||||||||||||||
Finland | — | 1,762,800 | — | 1,762,800 | ||||||||||||||
France | — | 9,567,787 | — | 9,567,787 | ||||||||||||||
Germany | 1,000,845 | 8,034,529 | — | 9,035,374 | ||||||||||||||
Greece | — | 357,424 | — | 357,424 | ||||||||||||||
Guernsey | — | 138,208 | — | 138,208 | ||||||||||||||
Hong Kong | 91,329 | 2,636,008 | — | 2,727,337 | ||||||||||||||
Ireland | — | 166,057 | — | 166,057 | ||||||||||||||
Israel | — | 697,841 | — | 697,841 | ||||||||||||||
Italy | — | 3,548,355 | — | 3,548,355 | ||||||||||||||
Japan | — | 18,688,530 | — | 18,688,530 | ||||||||||||||
Luxembourg | — | 135,627 | — | 135,627 | ||||||||||||||
Macau | — | 67,094 | — | 67,094 | ||||||||||||||
Malaysia | — | 39,074 | — | 39,074 | ||||||||||||||
Mexico | — | 114,814 | — | 114,814 | ||||||||||||||
Netherlands | 318,649 | 4,615,922 | — | 4,934,571 | ||||||||||||||
New Zealand | — | 239,289 | — | 239,289 | ||||||||||||||
Norway | — | 543,631 | — | 543,631 | ||||||||||||||
Portugal | — | 746,709 | — | 746,709 | ||||||||||||||
Singapore | — | 1,603,763 | — | 1,603,763 | ||||||||||||||
Spain | 929,180 | 2,857,481 | — | 3,786,661 | ||||||||||||||
Sweden | — | 3,473,967 | — | 3,473,967 | ||||||||||||||
Switzerland | — | 6,694,739 | — | 6,694,739 | ||||||||||||||
United Kingdom | 217,558 | 18,376,728 | — | 18,594,286 | ||||||||||||||
Total Common Stock | 2,619,365 | 95,998,371 | — | 98,617,736 | ||||||||||||||
Preferred Stock | 86,837 | 1,063,338 | — | 1,150,175 | ||||||||||||||
Short-Term Investments | 1,375,000 | — | — | 1,375,000 | ||||||||||||||
Total Investments, at value | $ | 4,081,202 | $ | 97,061,709 | $ | — | $ | 101,142,911 | ||||||||||
Other Financial Instruments+ | ||||||||||||||||||
Futures | 223,189 | — | — | 223,189 | ||||||||||||||
Total Assets | $ | 4,304,391 | $ | 97,061,709 | $ | — | $ | 101,366,100 | ||||||||||
ˆ | See Note 2, “Significant Accounting Policies” in the Notes to Financial Statements for additional information. |
+ | Other Financial Instruments are derivatives not reflected in the Portfolio of Investments and may include open forward foreign currency contracts, futures, swaps, and written options. Forward foreign currency contracts and futures are valued at the unrealized gain (loss) on the instrument. Swaps and written options are valued at the fair value of the instrument. |
# | The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Portfolio may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Portfolio’s investments are categorized as Level 2 investments. |
Contract Description | Number of Contracts | Expiration Date | Notional Value | Unrealized Appreciation/ (Depreciation) | ||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Long Contracts | ||||||||||||||||||
E-Mini MSCI EAFE Index | 21 | 06/17/11 | $ | 1,887,060 | $ | 223,189 | ||||||||||||
$ | 1,887,060 | $ | 223,189 |
ING INDEX PLUS INTERNATIONAL EQUITY FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Derivatives not accounted for as hedging instruments | Location on Statement of Assets and Liabilities | Fair Value | ||||||||
---|---|---|---|---|---|---|---|---|---|---|
Asset Derivatives | ||||||||||
Equity contracts | Net Assets — Unrealized appreciation* | $ | 223,189 | |||||||
Total Asset Derivatives | $ | 223,189 |
* | Includes cumulative appreciation/depreciation of futures contracts as reported in the table following the Summary Portfolio of Investments. |
Amount of Realized Gain or (Loss) on Derivatives Recognized in Income | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|
Derivatives not accounted for as hedging instruments | Futures | |||||||||
Equity contracts | $443,837 | |||||||||
Total | $443,837 |
Change in Unrealized Appreciation or Depreciation on Derivatives Recognized in Income | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|
Derivatives not accounted for as hedging instruments | Futures | |||||||||
Equity contracts | $224,189 | |||||||||
Total | $224,189 |
ING INTERNATIONAL CAPITAL APPRECIATION FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) |
Shares | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 99.3% | |||||||||||||||||||
Australia: 8.7% | |||||||||||||||||||
20,287 | BHP Billiton Ltd. | $ | 1,027,118 | 2.0 | |||||||||||||||
15,159 | CSL Ltd. | 572,030 | 1.1 | ||||||||||||||||
16,594 | Macquarie Group Ltd. | 641,540 | 1.2 | ||||||||||||||||
9,963 | Rio Tinto Ltd. | 901,903 | 1.7 | ||||||||||||||||
11,299 | Woodside Petroleum Ltd. | 581,022 | 1.1 | ||||||||||||||||
25,268 | WorleyParsons Ltd. | 843,775 | 1.6 | ||||||||||||||||
4,567,388 | 8.7 | ||||||||||||||||||
Belgium: 1.5% | |||||||||||||||||||
12,189 | Anheuser-Busch InBev NV | 777,878 | 1.5 | ||||||||||||||||
Brazil: 4.8% | |||||||||||||||||||
49,867 | @ | Cia Energetica de Minas Gerais ADR | 1,040,724 | 2.0 | |||||||||||||||
29,248 | Itau Unibanco Holding SA ADR | 694,640 | 1.3 | ||||||||||||||||
22,799 | Vale SA ADR | 761,487 | 1.5 | ||||||||||||||||
2,496,851 | 4.8 | ||||||||||||||||||
Canada: 6.3% | |||||||||||||||||||
11,678 | Bank of Nova Scotia | 712,825 | 1.3 | ||||||||||||||||
28,617 | Cameco Corp. | 843,629 | 1.6 | ||||||||||||||||
39,526 | Manulife Financial Corp. | 710,282 | 1.4 | ||||||||||||||||
22,056 | Suncor Energy, Inc. | 1,015,459 | 2.0 | ||||||||||||||||
3,282,195 | 6.3 | ||||||||||||||||||
Chile: 1.2% | |||||||||||||||||||
9,889 | Sociedad Quimica y Minera de Chile SA ADR | 603,526 | 1.2 | ||||||||||||||||
China: 9.7% | |||||||||||||||||||
688,000 | Agile Property Holdings Ltd. | 1,122,177 | 2.1 | ||||||||||||||||
221,000 | China Merchants Bank Co., Ltd. | 570,901 | 1.1 | ||||||||||||||||
723,000 | Industrial & Commercial Bank of China | 613,258 | 1.2 | ||||||||||||||||
5,275 | @ | New Oriental Education & Technology Group ADR | 657,476 | 1.3 | |||||||||||||||
480,000 | PetroChina Co., Ltd. | 696,768 | 1.3 | ||||||||||||||||
58,000 | Ping An Insurance Group Co. of China Ltd. | 632,372 | 1.2 | ||||||||||||||||
28,300 | Tencent Holdings Ltd. | 808,082 | 1.5 | ||||||||||||||||
5,101,034 | 9.7 | ||||||||||||||||||
Denmark: 2.2% | |||||||||||||||||||
16,728 | @ | Vestas Wind Systems A/S | 592,755 | 1.2 | |||||||||||||||
4,305 | Other Securities | 544,984 | 1.0 | ||||||||||||||||
1,137,739 | 2.2 | ||||||||||||||||||
France: 5.4% | |||||||||||||||||||
26,854 | AXA SA | 602,015 | 1.2 | ||||||||||||||||
11,733 | BNP Paribas | 927,548 | 1.7 | ||||||||||||||||
5,282 | Iliad SA | 679,115 | 1.3 | ||||||||||||||||
9,486 | Total SA ADR | 609,286 | 1.2 | ||||||||||||||||
2,817,964 | 5.4 | ||||||||||||||||||
COMMON STOCK: (continued) | |||||||||||||||||||
Germany: 9.1% | |||||||||||||||||||
11,959 | Adidas AG | $ | 891,225 | 1.7 | |||||||||||||||
18,156 | L | Aixtron AG | 771,075 | 1.5 | |||||||||||||||
6,871 | Bayer AG | 603,237 | 1.2 | ||||||||||||||||
10,582 | Bayerische Motoren Werke AG | 996,283 | 1.8 | ||||||||||||||||
7,338 | Deutsche Boerse AG | 609,193 | 1.2 | ||||||||||||||||
3,604 | Wacker Chemie AG | 892,305 | 1.7 | ||||||||||||||||
4,763,318 | 9.1 | ||||||||||||||||||
Hong Kong: 3.2% | |||||||||||||||||||
342,000 | China Resources Land Ltd. | 591,156 | 1.1 | ||||||||||||||||
110,425 | Li & Fung Ltd. | 565,142 | 1.1 | ||||||||||||||||
126,015 | Other Securities | 525,904 | 1.0 | ||||||||||||||||
1,682,202 | 3.2 | ||||||||||||||||||
India: 1.2% | |||||||||||||||||||
3,702 | HDFC Bank Ltd. ADR | 637,114 | 1.2 | ||||||||||||||||
Israel: 1.1% | |||||||||||||||||||
12,444 | Teva Pharmaceutical Industries Ltd. ADR | 569,064 | 1.1 | ||||||||||||||||
Italy: 1.6% | |||||||||||||||||||
14,974 | Saipem S.p.A. | 850,514 | 1.6 | ||||||||||||||||
Japan: 12.0% | |||||||||||||||||||
18,100 | Canon, Inc. | 852,375 | 1.6 | ||||||||||||||||
5,900 | Fanuc Ltd. | 987,657 | 1.9 | ||||||||||||||||
18,700 | Komatsu Ltd. | 659,351 | 1.3 | ||||||||||||||||
2,294 | Samsung Electronics | 955,789 | 1.9 | ||||||||||||||||
5,900 | SMC Corp. | 1,077,784 | 2.0 | ||||||||||||||||
38,900 | Sony Financial Holdings, Inc. | 723,013 | 1.4 | ||||||||||||||||
25,400 | Toyota Motor Corp. | 1,013,235 | 1.9 | ||||||||||||||||
6,269,204 | 12.0 | ||||||||||||||||||
Luxembourg: 1.6% | |||||||||||||||||||
7,752 | Millicom International Cellular SA | 839,852 | 1.6 | ||||||||||||||||
Mexico: 1.2% | |||||||||||||||||||
20,798 | @ | Wal-Mart de Mexico SA de CV ADR | 651,185 | 1.2 | |||||||||||||||
Norway: 1.2% | |||||||||||||||||||
34,892 | Telenor ASA | 602,784 | 1.2 | ||||||||||||||||
Russia: 1.5% | |||||||||||||||||||
45,200 | Gazprom OAO ADR | 771,112 | 1.5 | ||||||||||||||||
Sweden: 1.5% | |||||||||||||||||||
26,523 | Atlas Copco AB | 778,986 | 1.5 | ||||||||||||||||
Switzerland: 8.5% | |||||||||||||||||||
26,885 | @ | ABB Ltd. | 742,437 | 1.4 | |||||||||||||||
9,208 | Adecco SA | 658,049 | 1.3 |
ING INTERNATIONAL CAPITAL APPRECIATION FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Shares | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: (continued) | |||||||||||||||||||
Switzerland: (continued) | |||||||||||||||||||
10,363 | Compagnie Financiere Richemont SA | $ | 670,270 | 1.3 | |||||||||||||||
12,855 | Credit Suisse Group AG | 585,117 | 1.1 | ||||||||||||||||
6,673 | Holcim Ltd. | 581,432 | 1.1 | ||||||||||||||||
9,996 | Nestle SA | 620,436 | 1.2 | ||||||||||||||||
3,602 | Roche Holding AG | 584,676 | 1.1 | ||||||||||||||||
4,442,417 | 8.5 | ||||||||||||||||||
United Kingdom: 15.8% | |||||||||||||||||||
15,688 | Anglo American PLC | 822,345 | 1.5 | ||||||||||||||||
57,378 | ARM Holdings PLC | 594,692 | 1.1 | ||||||||||||||||
35,212 | @ | Autonomy Corp. PLC | 950,314 | 1.9 | |||||||||||||||
24,919 | BG Group PLC | 641,701 | 1.2 | ||||||||||||||||
59,534 | British Sky Broadcasting Group PLC | 837,303 | 1.6 | ||||||||||||||||
15,114 | HSBC Holdings PLC ADR | 823,259 | 1.5 | ||||||||||||||||
61,474 | Prudential PLC | 795,311 | 1.5 | ||||||||||||||||
5,817,963 | @ | Rolls-Royce Group PLC | 654,694 | 1.3 | |||||||||||||||
23,006 | Standard Chartered PLC | 639,377 | 1.2 | ||||||||||||||||
108,853 | Tesco PLC | 733,873 | 1.4 | ||||||||||||||||
20,824 | Vedanta Resources PLC | 813,165 | 1.6 | ||||||||||||||||
8,306,034 | 15.8 | ||||||||||||||||||
Total Common Stock | |||||||||||||||||||
(Cost $41,301,098) | 51,948,361 | 99.3 | |||||||||||||||||
SHORT-TERM INVESTMENTS: 1.5% | |||||||||||||||||||
Securities Lending: 1.5% | |||||||||||||||||||
718,536 | BNY Mellon Overnight Government Fund(1) | 718,536 | 1.4 | ||||||||||||||||
79,764 | R | BNY Institutional Cash Reserves Fund, Series B(1)(2) | 63,811 | 0.1 | |||||||||||||||
Total Short-Term Investments | |||||||||||||||||||
(Cost $798,300) | 782,347 | 1.5 | |||||||||||||||||
Total Investments in Securities (Cost $42,099,398)* | $ | 52,730,708 | 100.8 | ||||||||||||||||
Liabilities in Excess of Other Assets | (411,168 | ) | (0.8 | ) | |||||||||||||||
Net Assets | $ | 52,319,540 | 100.0 |
@ | Non-income producing security | |
ADR | American Depositary Receipt | |
R | Restricted Security | |
L | Loaned security, a portion or all of the security is on loan at April 30, 2011. | |
(1) | Collateral received from brokers for securities lending was invested in these short-term investments. | |
(2) | On September 12, 2008, BNY established a separate sleeve of the Institutional Cash Reserves Fund (Series B) to hold certain Lehman Brothers defaulted debt obligations. The Portfolio’s position in Series B is being fair valued daily. Please see the accompanying Notes to Financial Statements for additional details on securities lending. | |
* | Cost for federal income tax purposes is $43,636,520. |
Net unrealized appreciation consists of: | |||||||
Gross Unrealized Appreciation | $ | 11,135,014 | |||||
Gross Unrealized Depreciation | (2,040,826 | ) | |||||
Net Unrealized appreciation | $ | 9,094,188 |
Industry | Percentage of Net Assets | |||||
---|---|---|---|---|---|---|
Consumer Discretionary | 11.8 | % | ||||
Consumer Staples | 5.3 | |||||
Energy | 13.1 | |||||
Financials | 24.1 | |||||
Health Care | 5.5 | |||||
Industrials | 11.8 | |||||
Information Technology | 9.4 | |||||
Materials | 12.2 | |||||
Telecommunications | 4.1 | |||||
Utilities | 2.0 | |||||
Short-Term Investments | 1.5 | |||||
Other Assets and Liabilities — Net | (0.8 | ) | ||||
Net Assets | 100.0 | % |
ING INTERNATIONAL CAPITAL APPRECIATION FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Quoted Prices in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs# (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at 4/30/2011 | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset Table | ||||||||||||||||||
Investments, at value | ||||||||||||||||||
Common Stock | ||||||||||||||||||
Australia | $ | — | $ | 4,567,388 | $ | — | $ | 4,567,388 | ||||||||||
Belgium | — | 777,878 | — | 777,878 | ||||||||||||||
Brazil | 1,802,211 | 694,640 | — | 2,496,851 | ||||||||||||||
Canada | 3,282,195 | — | — | 3,282,195 | ||||||||||||||
Chile | — | 603,526 | — | 603,526 | ||||||||||||||
China | 657,476 | 4,443,558 | — | 5,101,034 | ||||||||||||||
Denmark | — | 1,137,739 | — | 1,137,739 | ||||||||||||||
France | 609,286 | 2,208,678 | — | 2,817,964 | ||||||||||||||
Germany | — | 4,763,318 | — | 4,763,318 | ||||||||||||||
Hong Kong | — | 1,682,202 | — | 1,682,202 | ||||||||||||||
India | 637,114 | — | — | 637,114 | ||||||||||||||
Israel | 569,064 | — | — | 569,064 | ||||||||||||||
Italy | — | 850,514 | — | 850,514 | ||||||||||||||
Japan | 955,789 | 5,313,415 | — | 6,269,204 | ||||||||||||||
Luxembourg | 839,852 | — | — | 839,852 | ||||||||||||||
Mexico | 651,185 | — | — | 651,185 | ||||||||||||||
Norway | — | 602,784 | — | 602,784 | ||||||||||||||
Russia | 771,112 | — | — | 771,112 | ||||||||||||||
Sweden | — | 778,986 | — | 778,986 | ||||||||||||||
Switzerland | — | 4,442,417 | — | 4,442,417 | ||||||||||||||
United Kingdom | 2,255,254 | 6,050,780 | — | 8,306,034 | ||||||||||||||
Total Common Stock | 13,030,538 | 38,917,823 | — | 51,948,361 | ||||||||||||||
Short-Term Investments | 718,536 | — | 63,811 | 782,347 | ||||||||||||||
Total Investments, at value | $ | 13,749,074 | $ | 38,917,823 | $ | 63,811 | $ | 52,730,708 |
ˆ | See Note 2, “Significant Accounting Policies” in the Notes to Financial Statements for additional information. |
# | The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Portfolio may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Portfolio’s investments are categorized as Level 2 investments. |
Beginning Balance 10/31/2010 | Purchases | Sales | Accrued Discounts/ (Premiums) | Total Realized Gain/(Loss) | Total Unrealized Appreciation/ (Depreciation) | Transfers Into Level 3 | Transfers Out of Level 3 | Ending Balance 4/30/2011 | ||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset Table | ||||||||||||||||||||||||||||||||||||||
Investments, at value | ||||||||||||||||||||||||||||||||||||||
Short-Term Investments | $ | 63,811 | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | 63,811 | ||||||||||||||||||||
Total Investments, at value | $ | 63,811 | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | 63,811 |
ING INTERNATIONAL CORE FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) |
Shares | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 95.8% | |||||||||||||||||||
Australia: 0.9% | |||||||||||||||||||
49,462 | BHP Billiton Ltd. | $ | 2,504,230 | 0.9 | |||||||||||||||
Bermuda: 0.7% | |||||||||||||||||||
63,687 | Other Securities | 1,921,374 | 0.7 | ||||||||||||||||
Brazil: 4.6% | |||||||||||||||||||
981,991 | Other Securities | 12,675,402 | 4.6 | ||||||||||||||||
Canada: 4.7% | |||||||||||||||||||
28,191 | Canadian National Railway Co. | 2,186,691 | 0.8 | ||||||||||||||||
88,916 | Canadian Natural Resources Ltd. | 4,182,900 | 1.5 | ||||||||||||||||
64,395 | Potash Corp. of Saskatchewan, Inc. | 3,630,590 | 1.3 | ||||||||||||||||
70,900 | Other Securities | 2,787,361 | 1.1 | ||||||||||||||||
12,787,542 | 4.7 | ||||||||||||||||||
Chile: 0.3% | |||||||||||||||||||
33,600 | Other Securities | 717,696 | 0.3 | ||||||||||||||||
China: 6.1% | |||||||||||||||||||
1,144,000 | CNOOC Ltd. | 2,843,500 | 1.0 | ||||||||||||||||
3,006,000 | Industrial & Commercial Bank of China | 2,549,729 | 0.9 | ||||||||||||||||
3,304,240 | Other Securities | 11,303,600 | 4.2 | ||||||||||||||||
16,696,829 | 6.1 | ||||||||||||||||||
Colombia: 0.2% | |||||||||||||||||||
10,300 | Other Securities | 682,375 | 0.2 | ||||||||||||||||
Denmark: 2.1% | |||||||||||||||||||
23,950 | Novo Nordisk A/S | 3,031,910 | 1.1 | ||||||||||||||||
77,326 | Other Securities | 2,852,949 | 1.0 | ||||||||||||||||
5,884,859 | 2.1 | ||||||||||||||||||
Finland: 0.5% | |||||||||||||||||||
24,936 | Other Securities | 1,343,828 | 0.5 | ||||||||||||||||
France: 10.8% | |||||||||||||||||||
15,200 | Air Liquide SA | 2,245,866 | 0.8 | ||||||||||||||||
72,410 | BNP Paribas | 5,724,346 | 2.1 | ||||||||||||||||
30,444 | Lafarge SA | 2,155,506 | 0.8 | ||||||||||||||||
18,100 | LVMH Moet Hennessy Louis Vuitton SA | 3,249,628 | 1.2 | ||||||||||||||||
16,478 | Schneider Electric SA | 2,911,220 | 1.1 | ||||||||||||||||
21,658 | Vallourec SA | 2,701,981 | 1.0 | ||||||||||||||||
155,063 | Other Securities | 10,549,706 | 3.8 | ||||||||||||||||
29,538,253 | 10.8 | ||||||||||||||||||
Germany: 7.9% | |||||||||||||||||||
15,343 | Allianz SE | 2,410,560 | 0.9 | ||||||||||||||||
34,336 | Deutsche Bank AG | 2,236,283 | 0.8 | ||||||||||||||||
33,311 | Fresenius Medical Care AG & Co. KGaA | 2,619,816 | 0.9 | ||||||||||||||||
89,163 | SAP AG | 5,744,783 | 2.1 | ||||||||||||||||
COMMON STOCK: (continued) | |||||||||||||||||||
Germany: (continued) | |||||||||||||||||||
21,880 | Siemens AG | $ | 3,182,643 | 1.2 | |||||||||||||||
72,670 | Other Securities | 5,622,140 | 2.0 | ||||||||||||||||
21,816,225 | 7.9 | ||||||||||||||||||
Hong Kong: 3.1% | |||||||||||||||||||
801,600 | @ | AIA Group Ltd. | 2,703,391 | 1.0 | |||||||||||||||
131,600 | Hong Kong Exchanges and Clearing Ltd. | 3,009,438 | 1.1 | ||||||||||||||||
1,326,500 | Other Securities | 2,736,137 | 1.0 | ||||||||||||||||
8,448,966 | 3.1 | ||||||||||||||||||
India: 0.5% | |||||||||||||||||||
9,414 | # | Reliance Industries Ltd. GDR | 415,158 | 0.1 | |||||||||||||||
14,900 | Other Securities | 971,182 | 0.4 | ||||||||||||||||
1,386,340 | 0.5 | ||||||||||||||||||
Ireland: 0.8% | |||||||||||||||||||
88,724 | CRH PLC | 2,184,650 | 0.8 | ||||||||||||||||
Israel: 1.1% | |||||||||||||||||||
66,723 | Teva Pharmaceutical Industries Ltd. ADR | 3,051,243 | 1.1 | ||||||||||||||||
Italy: 0.8% | |||||||||||||||||||
491,577 | Other Securities | 2,285,130 | 0.8 | ||||||||||||||||
Japan: 10.1% | |||||||||||||||||||
22,020 | Fanuc Ltd. | 3,686,136 | 1.3 | ||||||||||||||||
104,400 | Komatsu Ltd. | 3,681,081 | 1.3 | ||||||||||||||||
633,100 | Mitsubishi UFJ Financial Group, Inc. | 3,038,620 | 1.1 | ||||||||||||||||
64,100 | Toyota Motor Corp. | 2,557,022 | 0.9 | ||||||||||||||||
621,606 | Other Securities | 14,673,447 | 5.5 | ||||||||||||||||
27,636,306 | 10.1 | ||||||||||||||||||
Luxembourg: 0.9% | |||||||||||||||||||
70,544 | ArcelorMittal | 2,607,019 | 0.9 | ||||||||||||||||
Malaysia: 0.1% | |||||||||||||||||||
248,600 | Other Securities | 241,404 | 0.1 | ||||||||||||||||
Mexico: 1.8% | |||||||||||||||||||
49,085 | America Movil SAB de CV ADR | 2,807,662 | 1.0 | ||||||||||||||||
681,095 | @ | Wal-Mart de Mexico SA de CV | 2,129,956 | 0.8 | |||||||||||||||
4,937,618 | 1.8 | ||||||||||||||||||
Netherlands: 1.0% | |||||||||||||||||||
118,383 | Other Securities | 2,803,056 | 1.0 | ||||||||||||||||
Russia: 1.0% | |||||||||||||||||||
195,945 | Other Securities | 2,618,204 | 1.0 | ||||||||||||||||
South Africa: 0.6% | |||||||||||||||||||
50,485 | Other Securities | 1,578,810 | 0.6 | ||||||||||||||||
ING INTERNATIONAL CORE FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Shares | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: (continued) | |||||||||||||||||||
South Korea: 2.1% | |||||||||||||||||||
13,446 | Hyundai Motor Co. | $ | 3,101,309 | 1.1 | |||||||||||||||
3,217 | Samsung Electronics Co., Ltd. | 2,687,098 | 1.0 | ||||||||||||||||
5,788,407 | 2.1 | ||||||||||||||||||
Spain: 1.3% | |||||||||||||||||||
105,111 | @ | Telefonica SA | 2,823,828 | 1.0 | |||||||||||||||
55,851 | Other Securities | 715,426 | 0.3 | ||||||||||||||||
3,539,254 | 1.3 | ||||||||||||||||||
Sweden: 2.8% | |||||||||||||||||||
72,854 | Assa Abloy AB | 2,188,548 | 0.8 | ||||||||||||||||
73,193 | Hennes & Mauritz AB | 2,586,801 | 0.9 | ||||||||||||||||
133,667 | Other Securities | 2,978,472 | 1.1 | ||||||||||||||||
7,753,821 | 2.8 | ||||||||||||||||||
Switzerland: 8.1% | |||||||||||||||||||
65,620 | Credit Suisse Group AG | 2,986,804 | 1.1 | ||||||||||||||||
42,500 | Nestle SA | 2,637,907 | 0.9 | ||||||||||||||||
51,108 | Novartis AG | 3,030,714 | 1.1 | ||||||||||||||||
189,100 | @ | UBS AG | 3,784,376 | 1.4 | |||||||||||||||
164,132 | Other Securities | 9,923,738 | 3.6 | ||||||||||||||||
22,363,539 | 8.1 | ||||||||||||||||||
Taiwan: 2.1% | |||||||||||||||||||
19,100 | Taiwan Semiconductor Manufacturing Co., Ltd. ADR | 257,850 | 0.1 | ||||||||||||||||
762,000 | Taiwan Semiconductor Manufacturing Co., Ltd. | 1,970,902 | 0.7 | ||||||||||||||||
759,000 | Other Securities | 3,418,101 | 1.3 | ||||||||||||||||
5,646,853 | 2.1 | ||||||||||||||||||
Turkey: 0.6% | |||||||||||||||||||
310,394 | Other Securities | 1,607,576 | 0.6 | ||||||||||||||||
United Kingdom: 15.7% | |||||||||||||||||||
190,647 | BG Group PLC | 4,909,443 | 1.8 | ||||||||||||||||
71,900 | British American Tobacco PLC | 3,141,806 | 1.2 | ||||||||||||||||
63,517 | Carnival PLC | 2,557,372 | 0.9 | ||||||||||||||||
79,782 | Imperial Tobacco Group PLC | 2,814,090 | 1.0 | ||||||||||||||||
246,918 | National Grid PLC | 2,533,389 | 0.9 | ||||||||||||||||
40,400 | Reckitt Benckiser Group PLC | 2,248,131 | 0.8 | ||||||||||||||||
42,918 | Rio Tinto PLC | 3,131,509 | 1.1 | ||||||||||||||||
143,967 | Standard Chartered PLC | 4,001,093 | 1.5 | ||||||||||||||||
440,224 | Tesco PLC | 2,967,935 | 1.1 | ||||||||||||||||
974,776 | Vodafone Group PLC | 2,817,871 | 1.0 | ||||||||||||||||
1,370,074 | Other Securities | 12,008,719 | 4.4 | ||||||||||||||||
43,131,358 | 15.7 | ||||||||||||||||||
COMMON STOCK: (continued) | |||||||||||||||||||
United States: 2.5% | |||||||||||||||||||
29,421 | Schlumberger Ltd. | $ | 2,640,535 | 1.0 | |||||||||||||||
84,452 | Other Securities | 4,177,061 | 1.5 | ||||||||||||||||
6,817,596 | 2.5 | ||||||||||||||||||
Total Common Stock | |||||||||||||||||||
(Cost $246,431,266) | 262,995,763 | 95.8 | |||||||||||||||||
EXCHANGE-TRADED FUNDS: 0.2% | |||||||||||||||||||
Developed Markets: 0.2% | |||||||||||||||||||
9,000 | Other Securities | 571,140 | 0.2 | ||||||||||||||||
Total Exchange-Traded Funds | |||||||||||||||||||
(Cost $546,044) | 571,140 | 0.2 | |||||||||||||||||
PREFERRED STOCK: 1.3% | |||||||||||||||||||
Germany: 1.3% | |||||||||||||||||||
17,400 | @ | Volkswagen AG | 3,424,640 | 1.3 | |||||||||||||||
Total Preferred Stock | |||||||||||||||||||
(Cost $2,953,359) | 3,424,640 | 1.3 | |||||||||||||||||
WARRANTS: 0.3% | |||||||||||||||||||
Ireland: 0.3% | |||||||||||||||||||
104,301 | Other Securities | 893,067 | 0.3 | ||||||||||||||||
Total Warrants | |||||||||||||||||||
(Cost $797,274) | 893,067 | 0.3 | |||||||||||||||||
Total Long-Term Investments | |||||||||||||||||||
(Cost $250,727,943) | 267,884,610 | 97.6 | |||||||||||||||||
SHORT-TERM INVESTMENTS: 1.8% | |||||||||||||||||||
Mutual Funds: 1.8% | |||||||||||||||||||
5,048,939 | BlackRock Liquidity Funds,TempFund, Institutional Class (Cost $5,048,939) | 5,048,939 | 1.8 | ||||||||||||||||
Total Short-Term Investments | |||||||||||||||||||
(Cost $5,048,939) | 5,048,939 | 1.8 | |||||||||||||||||
Total Investments in Securities (Cost $255,776,882)* | $ | 272,933,549 | 99.4 | ||||||||||||||||
Assets in Excess of Other Liabilities | 1,567,945 | 0.6 | |||||||||||||||||
Net Assets | $ | 274,501,494 | 100.0 |
ING INTERNATIONAL CORE FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
# | Securities with purchases pursuant to Rule 144A or section 4(2), under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers. | |
@ | Non-income producing security | |
ADR | American Depositary Receipt | |
GDR | Global Depositary Receipt | |
* | Cost for federal income tax purposes is $256,256,464. |
Net unrealized appreciation consists of: | |||||||
Gross Unrealized Appreciation | $ | 20,073,064 | |||||
Gross Unrealized Depreciation | (3,395,979 | ) | |||||
Net Unrealized appreciation | $ | 16,677,085 |
Industry | Percentage of Net Assets | |||||
---|---|---|---|---|---|---|
Consumer Discretionary | 14.1 | % | ||||
Consumer Staples | 9.1 | |||||
Energy | 9.3 | |||||
Financials | 20.8 | |||||
Health Care | 6.8 | |||||
Industrials | 14.5 | |||||
Information Technology | 7.4 | |||||
Materials | 9.8 | |||||
Telecommunication Services | 0.4 | |||||
Telecommunications | 3.6 | |||||
Utilities | 1.3 | |||||
Warrants | 0.3 | |||||
Other Long-Term Investments | 0.2 | |||||
Short-Term Investments | 1.8 | |||||
Other Assets and Liabilities — Net | 0.6 | |||||
Net Assets | 100.0 | % |
Quoted Prices in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs# (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at 4/30/2011 | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset Table | ||||||||||||||||||
Investments, at value | ||||||||||||||||||
Common Stock | ||||||||||||||||||
Australia | $ | — | $ | 2,504,230 | $ | — | $ | 2,504,230 | ||||||||||
Bermuda | — | 1,921,374 | — | 1,921,374 | ||||||||||||||
Brazil | 10,841,902 | 1,833,500 | — | 12,675,402 | ||||||||||||||
Canada | 12,787,542 | — | — | 12,787,542 | ||||||||||||||
Chile | 717,696 | — | — | 717,696 | ||||||||||||||
China | 3,139,092 | 13,557,737 | — | 16,696,829 | ||||||||||||||
Colombia | 682,375 | — | — | 682,375 | ||||||||||||||
Denmark | — | 5,884,859 | — | 5,884,859 | ||||||||||||||
Finland | — | 1,343,828 | — | 1,343,828 | ||||||||||||||
France | — | 29,538,253 | — | 29,538,253 | ||||||||||||||
Germany | 7,187,525 | 14,628,700 | — | 21,816,225 | ||||||||||||||
Hong Kong | — | 8,448,966 | — | 8,448,966 | ||||||||||||||
India | 971,182 | 415,158 | — | 1,386,340 | ||||||||||||||
Ireland | — | 2,184,650 | — | 2,184,650 | ||||||||||||||
Israel | 3,051,243 | — | — | 3,051,243 | ||||||||||||||
Italy | — | 2,285,130 | — | 2,285,130 | ||||||||||||||
Japan | — | 27,636,306 | — | 27,636,306 | ||||||||||||||
Luxembourg | — | 2,607,019 | — | 2,607,019 | ||||||||||||||
Malaysia | — | 241,404 | — | 241,404 | ||||||||||||||
Mexico | 4,937,618 | — | — | 4,937,618 | ||||||||||||||
Netherlands | 2,803,056 | — | — | 2,803,056 | ||||||||||||||
Russia | 1,817,368 | 800,836 | — | 2,618,204 | ||||||||||||||
South Africa | — | 1,578,810 | — | 1,578,810 | ||||||||||||||
South Korea | — | 5,788,407 | — | 5,788,407 | ||||||||||||||
Spain | — | 3,539,254 | — | 3,539,254 | ||||||||||||||
Sweden | — | 7,753,821 | — | 7,753,821 | ||||||||||||||
Switzerland | — | 22,363,539 | — | 22,363,539 | ||||||||||||||
Taiwan | 257,850 | 5,389,003 | — | 5,646,853 | ||||||||||||||
Turkey | — | 1,607,576 | — | 1,607,576 | ||||||||||||||
United Kingdom | 1,639,731 | 41,491,627 | — | 43,131,358 | ||||||||||||||
United States | 6,817,596 | — | — | 6,817,596 | ||||||||||||||
Total Common Stock | 57,651,776 | 205,343,987 | — | 262,995,763 |
ING INTERNATIONAL CORE FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Quoted Prices in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs# (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at 4/30/2011 | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Exchange-Traded Funds | $ | 571,140 | $ | — | $ | — | $ | 571,140 | ||||||||||
Preferred Stock | — | 3,424,640 | — | 3,424,640 | ||||||||||||||
Warrants | — | 893,067 | — | 893,067 | ||||||||||||||
Short-Term Investments | 5,048,939 | — | — | 5,048,939 | ||||||||||||||
Total Investments, at value | $ | 63,271,855 | $ | 209,661,694 | $ | — | $ | 272,933,549 | ||||||||||
Other Financial Instruments+ | ||||||||||||||||||
Forward Foreign Currency Contracts | — | 390 | — | 390 | ||||||||||||||
Total Assets | $ | 63,271,855 | $ | 209,662,084 | $ | — | $ | 272,933,939 | ||||||||||
Liabilities Table | ||||||||||||||||||
Other Financial Instruments+ | ||||||||||||||||||
Forward Foreign Currency Contracts | $ | — | $ | (145,737 | ) | $ | — | $ | (145,737 | ) | ||||||||
Total Liabilities | $ | — | $ | (145,737 | ) | $ | — | $ | (145,737 | ) |
ˆ | See Note 2, “Significant Accounting Policies” in the Notes to Financial Statements for additional information. |
+ | Other Financial Instruments are derivatives not reflected in the Portfolio of Investments and may include open forward foreign currency contracts, futures, swaps, and written options. Forward foreign currency contracts and futures are valued at the unrealized gain (loss) on the instrument. Swaps and written options are valued at the fair value of the instrument. |
# | The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Portfolio may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Portfolio’s investments are categorized as Level 2 investments. |
Counterparty | Currency | Contract Amount | Buy/Sell | Settlement Date | In Exchange For | Fair Value | Unrealized Appreciation (Depreciation) | |||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Brown Brothers Harriman & Co. | Japanese Yen | 5,920,514 | Buy | 05/09/11 | $ | 72,602 | $ | 72,992 | $390 | |||||||||||||||||||||
$390 | ||||||||||||||||||||||||||||||
Royal Bank of Scotland Group PLC | Japanese Yen | 11,326,462 | Sell | 05/09/11 | $ | 138,637 | $ | 139,640 | $(1,003 | ) | ||||||||||||||||||||
State Street Bank & Trust Co. | Mexican Peso | 31,630,900 | Sell | 05/24/11 | 2,596,890 | 2,741,624 | (144,734 | ) | ||||||||||||||||||||||
$(145,737 | ) |
Derivatives not accounted for as hedging instruments | Location on Statement of Assets and Liabilities | Fair Value | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Asset Derivatives | |||||||||||
Foreign exchange contracts | Unrealized appreciation on forward foreign currency contracts | $ | 390 | ||||||||
Total Asset Derivatives | $ | 390 | |||||||||
Liability Derivatives | |||||||||||
Foreign exchange contracts | Unrealized depreciation on forward foreign currency contracts | $ | 145,737 | ||||||||
Total Liability Derivatives | $ | 145,737 |
ING INTERNATIONAL CORE FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Amount of Realized Gain or (Loss) on Derivatives Recognized in Income | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|
Derivatives not accounted for as hedging instruments | Foreign currency related transactions* | |||||||||
Foreign exchange contracts | $(1,085,943) | |||||||||
Total | $(1,085,943) |
Change in Unrealized Appreciation or Depreciation on Derivatives Recognized in Income | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|
Derivatives not accounted for as hedging instruments | Foreign currency related transactions* | |||||||||
Foreign exchange contracts | $(145,347) | |||||||||
Total | $(145,347) |
* | Amounts recognized for forward foreign currency contracts are included in net realized gain (loss) on foreign currency related transactions and net change in unrealized appreciation or depreciation on foreign currency related transactions. |
ING INTERNATIONAL GROWTH FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) |
Shares | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 98.2% | |||||||||||||||||||
Australia: 3.4% | |||||||||||||||||||
149,673 | Brambles Ltd. | $ | 1,108,513 | 0.6 | |||||||||||||||
13,415 | Cochlear Ltd. | 1,186,032 | 0.7 | ||||||||||||||||
551,268 | Other Securities | 3,846,141 | 2.1 | ||||||||||||||||
6,140,686 | 3.4 | ||||||||||||||||||
Belgium: 2.2% | |||||||||||||||||||
19,255 | Groupe Bruxelles Lambert SA | 1,908,091 | 1.1 | ||||||||||||||||
33,480 | Other Securities | 2,019,774 | 1.1 | ||||||||||||||||
3,927,865 | 2.2 | ||||||||||||||||||
Bermuda: 0.7% | |||||||||||||||||||
37,132 | SeaDrill Ltd. | 1,317,367 | 0.7 | ||||||||||||||||
Brazil: 3.7% | |||||||||||||||||||
85,400 | Itau Unibanco Holding SA ADR | 2,028,250 | 1.1 | ||||||||||||||||
45,900 | Petroleo Brasileiro SA ADR | 1,531,683 | 0.9 | ||||||||||||||||
242,200 | Other Securities | 3,025,471 | 1.7 | ||||||||||||||||
6,585,404 | 3.7 | ||||||||||||||||||
Canada: 1.4% | |||||||||||||||||||
58,600 | Other Securities | 2,565,957 | 1.4 | ||||||||||||||||
China: 3.5% | |||||||||||||||||||
3,111,900 | Other Securities | 6,256,680 | 3.5 | ||||||||||||||||
Denmark: 4.8% | |||||||||||||||||||
20,849 | Carlsberg A/S | 2,473,838 | 1.4 | ||||||||||||||||
27,936 | @ | Jyske Bank | 1,388,430 | 0.8 | |||||||||||||||
14,797 | Novo Nordisk A/S | 1,873,201 | 1.0 | ||||||||||||||||
6,760 | Novozymes A/S | 1,169,013 | 0.7 | ||||||||||||||||
6,557 | Other Securities | 1,639,493 | 0.9 | ||||||||||||||||
8,543,975 | 4.8 | ||||||||||||||||||
Finland: 1.3% | |||||||||||||||||||
27,261 | Kone Oyj | 1,707,496 | 0.9 | ||||||||||||||||
72,307 | Other Securities | 666,122 | 0.4 | ||||||||||||||||
2,373,618 | 1.3 | ||||||||||||||||||
France: 6.5% | |||||||||||||||||||
55,397 | AXA SA | 1,241,895 | 0.7 | ||||||||||||||||
11,018 | BioMerieux | 1,197,918 | 0.7 | ||||||||||||||||
26,421 | Legrand SA | 1,206,347 | 0.7 | ||||||||||||||||
29,695 | Total SA | 1,901,712 | 1.1 | ||||||||||||||||
65,247 | Other Securities | 6,056,301 | 3.3 | ||||||||||||||||
11,604,173 | 6.5 | ||||||||||||||||||
Germany: 4.3% | |||||||||||||||||||
51,809 | Celesio AG | 1,258,464 | 0.7 | ||||||||||||||||
17,180 | Deutsche Boerse AG | 1,426,265 | 0.8 | ||||||||||||||||
78,184 | Other Securities | 4,997,079 | 2.8 | ||||||||||||||||
7,681,808 | 4.3 | ||||||||||||||||||
Hong Kong: 2.9% | |||||||||||||||||||
1,405,200 | Other Securities | 5,253,266 | 2.9 | ||||||||||||||||
COMMON STOCK: (continued) | |||||||||||||||||||
India: 1.3% | |||||||||||||||||||
13,040 | # | Reliance Industries Ltd. GDR | $ | 575,065 | 0.3 | ||||||||||||||
74,047 | Other Securities | 1,672,221 | 1.0 | ||||||||||||||||
2,247,286 | 1.3 | ||||||||||||||||||
Indonesia: 0.3% | |||||||||||||||||||
610,838 | Other Securities | 604,928 | 0.3 | ||||||||||||||||
Ireland: 0.5% | |||||||||||||||||||
15,800 | Other Securities | 902,654 | 0.5 | ||||||||||||||||
Israel: 0.7% | |||||||||||||||||||
131,043 | Other Securities | 1,227,326 | 0.7 | ||||||||||||||||
Italy: 0.4% | |||||||||||||||||||
139,921 | Other Securities | 730,566 | 0.4 | ||||||||||||||||
Japan: 16.6% | |||||||||||||||||||
32,900 | Canon, Inc. | 1,549,345 | 0.9 | ||||||||||||||||
169 | Inpex Corp. | 1,299,236 | 0.7 | ||||||||||||||||
393 | Japan Tobacco, Inc. | 1,527,315 | 0.9 | ||||||||||||||||
71,800 | Mitsui & Co., Ltd. | 1,277,687 | 0.7 | ||||||||||||||||
108,600 | Namco Bandai Holdings, Inc. | 1,199,333 | 0.7 | ||||||||||||||||
5,373 | Samsung Electronics | 2,238,646 | 1.3 | ||||||||||||||||
665,335 | Other Securities | 20,594,754 | 11.4 | ||||||||||||||||
29,686,316 | 16.6 | ||||||||||||||||||
Mexico: 0.5% | |||||||||||||||||||
112,500 | Other Securities | 935,802 | 0.5 | ||||||||||||||||
Netherlands: 1.5% | |||||||||||||||||||
37,863 | Royal Dutch Shell PLC — Class B | 1,473,042 | 0.8 | ||||||||||||||||
53,184 | Other Securities | 1,291,154 | 0.7 | ||||||||||||||||
2,764,196 | 1.5 | ||||||||||||||||||
Portugal: 0.4% | |||||||||||||||||||
41,885 | Other Securities | 686,982 | 0.4 | ||||||||||||||||
Russia: 0.2% | |||||||||||||||||||
12,429 | Other Securities | 349,425 | 0.2 | ||||||||||||||||
Singapore: 1.3% | |||||||||||||||||||
100,000 | United Overseas Bank Ltd. | 1,604,487 | 0.9 | ||||||||||||||||
61,000 | Other Securities | 747,371 | 0.4 | ||||||||||||||||
2,351,858 | 1.3 | ||||||||||||||||||
South Africa: 0.6% | |||||||||||||||||||
157,002 | Other Securities | 1,050,522 | 0.6 | ||||||||||||||||
Spain: 2.4% | |||||||||||||||||||
19,881 | Corporacion Financiera Alba SA | 1,225,365 | 0.7 | ||||||||||||||||
273,810 | Other Securities | 3,130,730 | 1.7 | ||||||||||||||||
4,356,095 | 2.4 | ||||||||||||||||||
ING INTERNATIONAL GROWTH FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Shares | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: (continued) | |||||||||||||||||||
Sweden: 5.1% | |||||||||||||||||||
142,061 | L | Atlas Copco AB | $ | 3,823,265 | 2.1 | ||||||||||||||
59,002 | Scania AB | 1,532,880 | 0.9 | ||||||||||||||||
71,929 | Svenska Handelsbanken AB | 2,494,443 | 1.4 | ||||||||||||||||
51,014 | Other Securities | 1,347,506 | 0.7 | ||||||||||||||||
9,198,094 | 5.1 | ||||||||||||||||||
Switzerland: 9.3% | |||||||||||||||||||
27,655 | Credit Suisse Group AG | 1,258,763 | 0.7 | ||||||||||||||||
5,220 | Geberit AG | 1,221,339 | 0.7 | ||||||||||||||||
6,932 | @ | Mettler Toledo International, Inc. | 1,299,057 | 0.7 | |||||||||||||||
58,440 | Nestle SA | 3,627,277 | 2.0 | ||||||||||||||||
15,913 | Roche Holding AG | 2,582,997 | 1.5 | ||||||||||||||||
10,543 | Schindler Holding AG | 1,364,532 | 0.8 | ||||||||||||||||
72,502 | @ | UBS AG | 1,450,951 | 0.8 | |||||||||||||||
55,299 | Other Securities | 3,754,655 | 2.1 | ||||||||||||||||
16,559,571 | 9.3 | ||||||||||||||||||
Taiwan: 1.1% | |||||||||||||||||||
193,300 | Other Securities | 1,885,571 | 1.1 | ||||||||||||||||
Turkey: 0.7% | |||||||||||||||||||
232,579 | Turkiye Garanti Bankasi AS | 1,204,561 | 0.7 | ||||||||||||||||
United Kingdom: 18.6% | |||||||||||||||||||
44,633 | @ | ASOS PLC | 1,727,148 | 1.0 | |||||||||||||||
84,154 | BG Group PLC | 2,167,090 | 1.2 | ||||||||||||||||
41,429 | BHP Billiton PLC | 1,751,611 | 1.0 | ||||||||||||||||
191,000 | @ | Cairn Energy Plc | 1,445,042 | 0.8 | |||||||||||||||
114,000 | Hargreaves Lansdown PLC | 1,228,199 | 0.7 | ||||||||||||||||
36,000 | Imperial Tobacco Group PLC | 1,269,801 | 0.7 | ||||||||||||||||
35,000 | Intertek Group PLC | 1,243,367 | 0.7 | ||||||||||||||||
134,992 | John Wood Group PLC | 1,566,342 | 0.9 | ||||||||||||||||
69,824 | Standard Chartered PLC | 1,940,530 | 1.1 | ||||||||||||||||
188,028 | Tesco PLC | 1,267,661 | 0.7 | ||||||||||||||||
40,600 | Unilever PLC | 1,318,943 | 0.7 | ||||||||||||||||
120,041 | WPP PLC | 1,572,344 | 0.9 | ||||||||||||||||
6,938,396 | Other Securities | 14,710,695 | 8.2 | ||||||||||||||||
33,208,773 | 18.6 | ||||||||||||||||||
United States: 2.0% | |||||||||||||||||||
39,688 | Coca-Cola Enterprises, Inc. | 1,127,536 | 0.6 | ||||||||||||||||
65,250 | Other Securities | 2,374,848 | 1.4 | ||||||||||||||||
3,502,384 | 2.0 | ||||||||||||||||||
Total Common Stock | |||||||||||||||||||
(Cost $163,273,033) | 175,703,709 | 98.2 | |||||||||||||||||
SHORT-TERM INVESTMENTS: 2.4% | |||||||||||||||||||
Securities Lending: 2.2% | |||||||||||||||||||
4,005,605 | BNY Mellon Overnight Government Fund(1) (Cost $4,005,605) | 4,005,605 | 2.2 | ||||||||||||||||
SHORT-TERM INVESTMENTS: (continued) | |||||||||||||||||||
Mutual Funds: 0.2% | |||||||||||||||||||
312,718 | T. Rowe Price Reserve Investment Fund (Cost $312,718) | $ | 312,718 | 0.2 | |||||||||||||||
Total Short-Term Investments | |||||||||||||||||||
(Cost $4,318,323) | 4,318,323 | 2.4 | |||||||||||||||||
Total Investments in Securities (Cost $167,591,356)* | $ | 180,022,032 | 100.6 | ||||||||||||||||
Liabilities in Excess of Other Assets | (1,042,853 | ) | (0.6 | ) | |||||||||||||||
Net Assets | $ | 178,979,179 | 100.0 |
# | Securities with purchases pursuant to Rule 144A or section 4(2), under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers. | |
@ | Non-income producing security | |
ADR | American Depositary Receipt | |
GDR | Global Depositary Receipt | |
L | Loaned security, a portion or all of the security is on loan at April 30, 2011. | |
(1) | Collateral received from brokers for securities lending was invested in these short-term investments. | |
* | Cost for federal income tax purposes is $167,695,039. |
Net unrealized appreciation consists of: | |||||||
Gross Unrealized Appreciation | $ | 15,329,368 | |||||
Gross Unrealized Depreciation | (3,002,375 | ) | |||||
Net Unrealized appreciation | $ | 12,326,993 |
Industry | Percentage of Net Assets | |||||
---|---|---|---|---|---|---|
Consumer Discretionary | 15.6 | % | ||||
Consumer Staples | 13.7 | |||||
Energy | 9.8 | |||||
Financials | 20.8 | |||||
Health Care | 8.3 | |||||
Industrials | 15.9 | |||||
Information Technology | 7.5 | |||||
Materials | 5.0 | |||||
Telecommunications | 1.6 | |||||
Short-Term Investments | 2.4 | |||||
Other Assets and Liabilities — Net | (0.6 | ) | ||||
Net Assets | 100.0 | % |
ING INTERNATIONAL GROWTH FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Quoted Prices in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs# (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at 4/30/2011 | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset Table | ||||||||||||||||||
Investments, at value | ||||||||||||||||||
Common Stock | ||||||||||||||||||
Australia | $ | — | $ | 6,140,686 | $ | — | $ | 6,140,686 | ||||||||||
Belgium | — | 3,927,865 | — | 3,927,865 | ||||||||||||||
Bermuda | — | 1,317,367 | — | 1,317,367 | ||||||||||||||
Brazil | 4,557,154 | 2,028,250 | — | 6,585,404 | ||||||||||||||
Canada | 2,565,957 | — | — | 2,565,957 | ||||||||||||||
China | 1,666,039 | 4,590,641 | — | 6,256,680 | ||||||||||||||
Denmark | — | 8,543,975 | — | 8,543,975 | ||||||||||||||
Finland | — | 2,373,618 | — | 2,373,618 | ||||||||||||||
France | — | 11,604,173 | — | 11,604,173 | ||||||||||||||
Germany | 792,197 | 6,889,611 | — | 7,681,808 | ||||||||||||||
Hong Kong | — | 5,253,266 | — | 5,253,266 | ||||||||||||||
India | 1,672,221 | 575,065 | — | 2,247,286 | ||||||||||||||
Indonesia | 281,805 | 323,123 | — | 604,928 | ||||||||||||||
Ireland | 902,654 | — | — | 902,654 | ||||||||||||||
Israel | 1,227,326 | — | — | 1,227,326 | ||||||||||||||
Italy | 284,424 | 446,142 | — | 730,566 | ||||||||||||||
Japan | 2,238,646 | 27,447,670 | — | 29,686,316 | ||||||||||||||
Mexico | 935,802 | — | — | 935,802 | ||||||||||||||
Netherlands | — | 2,764,196 | — | 2,764,196 | ||||||||||||||
Portugal | — | 686,982 | — | 686,982 | ||||||||||||||
Russia | — | 349,425 | — | 349,425 | ||||||||||||||
Singapore | — | 2,351,858 | — | 2,351,858 | ||||||||||||||
South Africa | — | 1,050,522 | — | 1,050,522 | ||||||||||||||
Spain | 880,499 | 3,475,596 | — | 4,356,095 | ||||||||||||||
Sweden | — | 9,198,094 | — | 9,198,094 | ||||||||||||||
Switzerland | 1,299,057 | 15,260,514 | — | 16,559,571 | ||||||||||||||
Taiwan | 936,900 | 948,671 | — | 1,885,571 | ||||||||||||||
Turkey | — | 1,204,561 | — | 1,204,561 | ||||||||||||||
United Kingdom | 1,618,602 | 31,590,171 | — | 33,208,773 | ||||||||||||||
United States | 3,502,384 | — | — | 3,502,384 | ||||||||||||||
Total Common Stock | 25,361,667 | 150,342,042 | — | 175,703,709 | ||||||||||||||
Short-Term Investments | 4,318,323 | — | — | 4,318,323 | ||||||||||||||
Total Investments, at value | $ | 29,679,990 | $ | 150,342,042 | $ | — | $ | 180,022,032 | ||||||||||
Liabilities Table | ||||||||||||||||||
Other Financial Instruments+ | ||||||||||||||||||
Forward Foreign Currency Contracts | $ | — | $ | (950 | ) | $ | — | $ | (950 | ) | ||||||||
Total Liabilities | $ | — | $ | (950 | ) | $ | — | $ | (950 | ) |
ˆ | See Note 2, “Significant Accounting Policies” in the Notes to Financial Statements for additional information. |
+ | Other Financial Instruments are derivatives not reflected in the Portfolio of Investments and may include open forward foreign currency contracts, futures, swaps, and written options. Forward foreign currency contracts and futures are valued at the unrealized gain (loss) on the instrument. Swaps and written options are valued at the fair value of the instrument. |
# | The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Portfolio may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Portfolio’s investments are categorized as Level 2 investments. |
Counterparty | Currency | Contract Amount | Buy/Sell | Settlement Date | In Exchange For | Fair Value | Unrealized Appreciation (Depreciation) | |||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
The Bank of New York Mellon Corp. | Japanese Yen | 9,431,411 | Sell | 05/09/11 | $ | 115,327 | $ | 116,277 | $(950) | |||||||||||||||||||||
$(950) |
ING INTERNATIONAL GROWTH FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Derivatives not accounted for as hedging instruments | Location on Statement of Assets and Liabilities | Fair Value | ||||||||
---|---|---|---|---|---|---|---|---|---|---|
Liability Derivatives | ||||||||||
Foreign exchange contracts | Unrealized depreciation on forward foreign currency contracts | $ | 950 | |||||||
Total Liability Derivatives | $ | 950 |
Amount of Realized Gain or (Loss) on Derivatives Recognized in Income | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|
Derivatives not accounted for as hedging instruments | Foreign currency related transactions* | |||||||||
Foreign exchange contracts | $377,681 | |||||||||
Total | $377,681 |
Change in Unrealized Appreciation or Depreciation on Derivatives Recognized in Income | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|
Derivatives not accounted for as hedging instruments | Foreign currency related transactions* | |||||||||
Foreign exchange contracts | $(950) | |||||||||
Total | $(950) |
* | Amounts recognized for forward foreign currency contracts are included in net realized gain (loss) on foreign currency related transactions and net change in unrealized appreciation or depreciation on foreign currency related transactions. |
ING INTERNATIONAL REAL ESTATE FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Shares | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 98.1% | |||||||||||||||||||
Australia: 16.3% | |||||||||||||||||||
8,645,857 | Dexus Property Group NPV | $ | 8,360,874 | 1.3 | |||||||||||||||
12,685,622 | Goodman Group. | 9,896,003 | 1.5 | ||||||||||||||||
3,360,140 | GPT Group | 11,672,366 | 1.8 | ||||||||||||||||
7,411,600 | ** | ING Office Fund | 5,131,245 | 0.8 | |||||||||||||||
4,949,417 | Mirvac Group | 6,906,106 | 1.0 | ||||||||||||||||
4,441,900 | Stockland | 18,441,103 | 2.8 | ||||||||||||||||
2,037,079 | Westfield Group | 20,186,852 | 3.0 | ||||||||||||||||
4,614,594 | Westfield Retail Trust | 13,403,784 | 2.0 | ||||||||||||||||
7,836,000 | Other Securities | 14,579,871 | 2.2 | ||||||||||||||||
108,578,204 | 16.4 | ||||||||||||||||||
Austria: 0.6% | |||||||||||||||||||
884,418 | Other Securities | 4,203,389 | 0.6 | ||||||||||||||||
Brazil: 0.1% | |||||||||||||||||||
32,500 | Other Securities | 488,574 | 0.1 | ||||||||||||||||
Canada: 5.3% | |||||||||||||||||||
684,150 | Brookfield Properties Corp. | 13,532,487 | 2.0 | ||||||||||||||||
517,300 | RioCan Real Estate Investment Trust | 13,859,911 | 2.0 | ||||||||||||||||
258,400 | Other Securities | 8,014,968 | 1.3 | ||||||||||||||||
35,407,366 | 5.3 | ||||||||||||||||||
China: 0.2% | |||||||||||||||||||
989,000 | Other Securities | 1,577,526 | 0.2 | ||||||||||||||||
Finland: 1.2% | |||||||||||||||||||
950,690 | Sponda OYJ | 5,606,879 | 0.9 | ||||||||||||||||
471,110 | Other Securities | 2,232,914 | 0.3 | ||||||||||||||||
7,839,793 | 1.2 | ||||||||||||||||||
France: 8.2% | |||||||||||||||||||
55,558 | ICADE | 7,122,380 | 1.1 | ||||||||||||||||
143,216 | Klepierre | 5,885,422 | 0.9 | ||||||||||||||||
78,410 | Nexity SA | 4,264,382 | 0.6 | ||||||||||||||||
128,329 | Unibail-Rodamco SE | 30,023,289 | 4.5 | ||||||||||||||||
96,627 | Other Securities | 7,220,834 | 1.1 | ||||||||||||||||
54,516,307 | 8.2 | ||||||||||||||||||
Germany: 1.1% | |||||||||||||||||||
510,383 | Other Securities | 7,370,596 | 1.1 | ||||||||||||||||
Hong Kong: 20.2% | |||||||||||||||||||
1,903,965 | Cheung Kong Holdings Ltd. | 30,049,234 | 4.5 | ||||||||||||||||
1,418,700 | Great Eagle Holding Co. | 5,051,598 | 0.8 | ||||||||||||||||
3,180,900 | Hang Lung Properties Ltd. | 14,184,112 | 2.1 | ||||||||||||||||
2,108,800 | Hongkong Land Holdings Ltd. | 15,814,334 | 2.4 | ||||||||||||||||
1,518,100 | Hysan Development Co., Ltd. | 7,097,908 | 1.1 | ||||||||||||||||
1,500,600 | Kerry Properties Ltd. | 8,024,178 | 1.2 | ||||||||||||||||
3,779,400 | Link REIT | 11,911,266 | 1.8 | ||||||||||||||||
COMMON STOCK: (continued) | |||||||||||||||||||
Hong Kong: (continued) | |||||||||||||||||||
2,866,000 | Sino Land Co. | $ | 5,054,362 | 0.8 | |||||||||||||||
2,042,700 | Sun Hung Kai Properties Ltd. | 31,993,793 | 4.7 | ||||||||||||||||
676,285 | Other Securities | 4,844,138 | 0.8 | ||||||||||||||||
134,024,923 | 20.2 | ||||||||||||||||||
Italy: 0.5% | |||||||||||||||||||
3,087,157 | Other Securities | 3,495,230 | 0.5 | ||||||||||||||||
Japan: 21.0% | |||||||||||||||||||
2,600 | Advance Residence Investment Corp. | 5,445,521 | 0.8 | ||||||||||||||||
191,000 | Aeon Mall Co., Ltd. | 4,593,611 | 0.7 | ||||||||||||||||
90,400 | Daito Trust Construction Co., Ltd. | 7,232,003 | 1.1 | ||||||||||||||||
641 | Frontier Real Estate Investment Corp. | 5,942,839 | 0.9 | ||||||||||||||||
764 | Japan Real Estate Investment Corp. | 7,562,841 | 1.1 | ||||||||||||||||
3,480 | Japan Retail Fund Investment Corp. | 5,626,151 | 0.8 | ||||||||||||||||
2,036,500 | Mitsubishi Estate Co., Ltd. | 35,638,318 | 5.5 | ||||||||||||||||
1,248,477 | Mitsui Fudosan Co., Ltd. | 21,667,589 | 3.3 | ||||||||||||||||
785 | Nippon Accommodations Fund, Inc. | 5,762,774 | 0.9 | ||||||||||||||||
955 | Nippon Building Fund, Inc. | 9,611,655 | 1.4 | ||||||||||||||||
732,100 | Sumitomo Realty & Development Co., Ltd. | 15,153,860 | 2.3 | ||||||||||||||||
405,962 | Other Securities | 14,538,544 | 2.1 | ||||||||||||||||
138,775,706 | 20.9 | ||||||||||||||||||
Netherlands: 2.5% | |||||||||||||||||||
103,460 | Corio NV | 7,325,632 | 1.2 | ||||||||||||||||
52,540 | Wereldhave NV | 5,491,600 | 0.8 | ||||||||||||||||
124,995 | Other Securities | 4,107,673 | 0.6 | ||||||||||||||||
16,924,905 | 2.6 | ||||||||||||||||||
Norway: 0.2% | |||||||||||||||||||
774,619 | Other Securities | 1,565,134 | 0.2 | ||||||||||||||||
Singapore: 8.0% | |||||||||||||||||||
7,387,900 | CapitaCommercial Trust | 8,702,911 | 1.3 | ||||||||||||||||
4,891,100 | @ | CapitaLand Ltd. | 13,603,539 | 1.9 | |||||||||||||||
496,900 | City Developments Ltd. | 4,813,184 | 0.7 | ||||||||||||||||
4,042,100 | @ | Global Logistic Properties Ltd. | 6,376,918 | 1.0 | |||||||||||||||
1,181,000 | UOL Group Ltd. | 4,675,842 | 0.7 | ||||||||||||||||
8,624,183 | Other Securities | 15,210,089 | 2.4 | ||||||||||||||||
53,382,483 | 8.0 | ||||||||||||||||||
Sweden: 1.7% | |||||||||||||||||||
316,727 | Castellum AB | 4,909,951 | 0.8 | ||||||||||||||||
389,601 | Other Securities | 6,229,343 | 0.9 | ||||||||||||||||
11,139,294 | 1.7 | ||||||||||||||||||
ING INTERNATIONAL REAL ESTATE FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Shares | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: (continued) | |||||||||||||||||||
Switzerland: 1.6% | |||||||||||||||||||
58,650 | @ | PSP Swiss Property AG | $ | 5,339,225 | 0.8 | ||||||||||||||
61,819 | Swiss Prime Site AG | 5,156,348 | 0.8 | ||||||||||||||||
10,495,573 | 1.6 | ||||||||||||||||||
United Kingdom: 9.4% | |||||||||||||||||||
1,094,041 | British Land Co. PLC | 11,015,454 | 1.7 | ||||||||||||||||
173,851 | Derwent London PLC | 5,215,674 | 0.8 | ||||||||||||||||
844,574 | Hammerson PLC | 6,639,861 | 1.0 | ||||||||||||||||
1,043,993 | Land Securities Group PLC | 13,723,066 | 2.0 | ||||||||||||||||
4,875,400 | @ | LXB Retail Properties PLC | 9,039,377 | 1.4 | |||||||||||||||
6,113,132 | Other Securities | 16,569,005 | 2.5 | ||||||||||||||||
62,202,437 | 9.4 | ||||||||||||||||||
Total Common Stock* | |||||||||||||||||||
(Cost $509,564,112) | 651,987,440 | 98.2 | |||||||||||||||||
Assets in Excess of Other Liabilities | 11,708,104 | 1.8 | |||||||||||||||||
Net Assets | $ | 663,695,544 | 100.0 |
@ | Non-income producing security | |
** | Investment in affiliate | |
* | Cost for federal income tax purposes is $580,552,855. |
Net unrealized appreciation consists of: | |||||||
Gross Unrealized Appreciation | $ | 115,248,815 | |||||
Gross Unrealized Depreciation | (43,814,230 | ) | |||||
Net Unrealized appreciation | $ | 71,434,585 |
Industry | Percentage of Net Assets | |||||
---|---|---|---|---|---|---|
Consumer Discretionary | 1.1 | % | ||||
Financials | 97.0 | |||||
Other Assets and Liabilities — Net | 1.9 | |||||
Net Assets | 100.0 | % |
Quoted Prices in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs# (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at 4/30/2011 | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset Table | ||||||||||||||||||
Investments, at value | ||||||||||||||||||
Common Stock | ||||||||||||||||||
Australia | $ | 13,403,784 | $ | 95,174,420 | $ | — | $ | 108,578,204 | ||||||||||
Austria | — | 4,203,389 | — | 4,203,389 | ||||||||||||||
Brazil | 488,574 | — | — | 488,574 | ||||||||||||||
Canada | 35,407,366 | — | — | 35,407,366 | ||||||||||||||
China | — | 1,577,526 | — | 1,577,526 | ||||||||||||||
Finland | 2,232,914 | 5,606,879 | — | 7,839,793 | ||||||||||||||
France | 2,219,957 | 52,296,350 | — | 54,516,307 | ||||||||||||||
Germany | 7,370,596 | — | — | 7,370,596 | ||||||||||||||
Hong Kong | — | 134,024,923 | — | 134,024,923 | ||||||||||||||
Italy | — | 3,495,230 | — | 3,495,230 | ||||||||||||||
Japan | — | 138,775,706 | — | 138,775,706 | ||||||||||||||
Netherlands | 1,471,489 | 15,453,416 | — | 16,924,905 | ||||||||||||||
Norway | — | 1,565,134 | — | 1,565,134 | ||||||||||||||
Singapore | — | 53,382,483 | — | 53,382,483 | ||||||||||||||
Sweden | 364,983 | 10,774,311 | — | 11,139,294 | ||||||||||||||
Switzerland | 5,156,348 | 5,339,225 | — | 10,495,573 | ||||||||||||||
United Kingdom | 14,176,416 | 48,026,021 | — | 62,202,437 | ||||||||||||||
Total Common Stock | 82,292,427 | 569,695,013 | — | 651,987,440 | ||||||||||||||
Total Investments, at value | $ | 82,292,427 | $ | 569,695,013 | $ | — | $ | 651,987,440 |
ˆ | See Note 2, “Significant Accounting Policies” in the Notes to Financial Statements for additional information. |
# | The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Portfolio may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Portfolio’s investments are categorized as Level 2 investments. |
ING INTERNATIONAL SMALL CAP MULTI- MANAGER FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) |
Shares | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 98.2% | |||||||||||||||||||
Australia: 5.9% | |||||||||||||||||||
290,054 | Amcor Ltd. | $ | 2,229,526 | 0.4 | |||||||||||||||
157,506 | Ansell Ltd. | 2,409,531 | 0.5 | ||||||||||||||||
151,034 | Caltex Australia Ltd. | 2,353,782 | 0.4 | ||||||||||||||||
297,312 | Computershare Ltd. | 3,163,779 | 0.7 | ||||||||||||||||
9,922,016 | Other Securities | 18,898,710 | 3.9 | ||||||||||||||||
29,055,328 | 5.9 | ||||||||||||||||||
Austria: 1.5% | |||||||||||||||||||
18,709 | Mayr Melnhof Karton AG | 2,272,292 | 0.5 | ||||||||||||||||
86,727 | Other Securities | 4,993,906 | 1.0 | ||||||||||||||||
7,266,198 | 1.5 | ||||||||||||||||||
Belgium: 1.9% | |||||||||||||||||||
490,189 | Other Securities | 9,494,930 | 1.9 | ||||||||||||||||
Bermuda: 0.5% | |||||||||||||||||||
1,215,617 | Other Securities | 2,612,996 | 0.5 | ||||||||||||||||
Brazil: 0.5% | |||||||||||||||||||
192,372 | Other Securities | 2,383,671 | 0.5 | ||||||||||||||||
British Virgin Islands: 0.0% | |||||||||||||||||||
961,940 | Other Securities | 95,281 | 0.0 | ||||||||||||||||
Canada: 5.0% | |||||||||||||||||||
87,700 | Alimentation Couche-Tard, Inc. | 2,303,382 | 0.6 | ||||||||||||||||
62,600 | Dorel Industries, Inc. | 2,081,483 | 0.5 | ||||||||||||||||
36,360 | West Fraser Timber Co., Ltd. | 2,067,502 | 0.3 | ||||||||||||||||
1,772,527 | Other Securities | 18,003,794 | 3.6 | ||||||||||||||||
24,456,161 | 5.0 | ||||||||||||||||||
China: 2.0% | |||||||||||||||||||
14,596,749 | Other Securities | 9,620,851 | 2.0 | ||||||||||||||||
Colombia: 0.0% | |||||||||||||||||||
4,469 | Other Securities | 171,033 | 0.0 | ||||||||||||||||
Denmark: 1.9% | |||||||||||||||||||
25,000 | Solar A/S | 2,189,628 | 0.5 | ||||||||||||||||
35,000 | TrygVesta AS | 2,237,247 | 0.5 | ||||||||||||||||
145,934 | Other Securities | 4,677,050 | 0.9 | ||||||||||||||||
9,103,925 | 1.9 | ||||||||||||||||||
Finland: 0.2% | |||||||||||||||||||
187,254 | Other Securities | 966,946 | 0.2 | ||||||||||||||||
France: 6.1% | |||||||||||||||||||
22,608 | Arkema SA | 2,354,626 | 0.5 | ||||||||||||||||
55,000 | Bourbon SA | 2,606,743 | 0.5 | ||||||||||||||||
180,000 | Groupe Eurotunnel SA | 1,957,015 | 0.4 | ||||||||||||||||
66,331 | @ | Peugeot SA | 3,010,304 | 0.6 | |||||||||||||||
67,638 | Rallye SA | 3,556,597 | 0.8 | ||||||||||||||||
25,000 | Rubis | 3,069,923 | 0.6 | ||||||||||||||||
COMMON STOCK: (continued) | |||||||||||||||||||
France: (continued) | |||||||||||||||||||
42,781 | Valeo SA | $ | 2,725,033 | 0.6 | |||||||||||||||
516,065 | Other Securities | 10,822,755 | 2.1 | ||||||||||||||||
30,102,996 | 6.1 | ||||||||||||||||||
Germany: 8.6% | |||||||||||||||||||
35,062 | Aurubis AG | 2,072,192 | 0.5 | ||||||||||||||||
54,544 | Bechtle AG | 2,597,334 | 0.6 | ||||||||||||||||
23,000 | @ | Bilfinger Berger AG | 2,214,174 | 0.5 | |||||||||||||||
18,000 | @ | Brenntag AG | 2,212,842 | 0.5 | |||||||||||||||
19,767 | Draegerwerk AG & Co. KGaA | 2,074,457 | 0.4 | ||||||||||||||||
215,000 | Freenet AG | 2,734,074 | 0.6 | ||||||||||||||||
43,000 | Rheinmetall AG | 3,854,877 | 0.7 | ||||||||||||||||
949,503 | Other Securities | 24,320,370 | 4.8 | ||||||||||||||||
42,080,320 | 8.6 | ||||||||||||||||||
Greece: 0.1% | |||||||||||||||||||
74,675 | Other Securities | 710,370 | 0.1 | ||||||||||||||||
Hong Kong: 2.9% | |||||||||||||||||||
827,500 | Ports Design Ltd. | 2,283,241 | 0.6 | ||||||||||||||||
52,672,308 | Other Securities | 11,904,757 | 2.3 | ||||||||||||||||
14,187,998 | 2.9 | ||||||||||||||||||
India: 1.4% | |||||||||||||||||||
1,537,856 | Other Securities | 6,687,767 | 1.4 | ||||||||||||||||
Indonesia: 0.6% | |||||||||||||||||||
19,115,000 | Other Securities | 2,696,431 | 0.6 | ||||||||||||||||
Ireland: 0.8% | |||||||||||||||||||
585,009 | Other Securities | 3,692,598 | 0.8 | ||||||||||||||||
Israel: 0.3% | |||||||||||||||||||
204,036 | Other Securities | 1,503,486 | 0.3 | ||||||||||||||||
Italy: 2.7% | |||||||||||||||||||
203,333 | Azimut Holding S.p.A. | 2,600,120 | 0.5 | ||||||||||||||||
3,307,884 | Other Securities | 10,781,526 | 2.2 | ||||||||||||||||
13,381,646 | 2.7 | ||||||||||||||||||
Japan: 16.9% | |||||||||||||||||||
28,300 | OSAKA Titanium Technologies Co. | 2,198,085 | 0.4 | ||||||||||||||||
14,611,040 | Other Securities | 81,112,251 | 16 .5 | ||||||||||||||||
83,310,336 | 16 .9 | ||||||||||||||||||
Luxembourg: 0.6% | |||||||||||||||||||
749,500 | Other Securities | 2,726,937 | 0.6 | ||||||||||||||||
Malaysia: 0.4% | |||||||||||||||||||
2,315,772 | Other Securities | 1,856,689 | 0.4 | ||||||||||||||||
Mexico: 0.0% | |||||||||||||||||||
20,300 | Other Securities | 70,057 | 0.0 |
ING INTERNATIONAL SMALLCAP MULTI-MANAGER FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Shares | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: (continued) | |||||||||||||||||||
Netherlands: 3.2% | |||||||||||||||||||
120,000 | Delta Lloyd NV | $ | 3,157,263 | 0.6 | |||||||||||||||
21,000 | Fugro NV | 1,924,895 | 0.4 | ||||||||||||||||
74,848 | Imtech NV | 2,842,503 | 0.6 | ||||||||||||||||
42,000 | Ten Cate NV | 1,943,937 | 0.4 | ||||||||||||||||
608,416 | Other Securities | 5,834,285 | 1.2 | ||||||||||||||||
15,702,883 | 3.2 | ||||||||||||||||||
New Zealand: 0.7% | |||||||||||||||||||
365,317 | Fletcher Building Ltd. | 2,723,375 | 0.6 | ||||||||||||||||
84,353 | Other Securities | 623,960 | 0.1 | ||||||||||||||||
3,347,335 | 0.7 | ||||||||||||||||||
Norway: 1.2% | |||||||||||||||||||
1,429,638 | Other Securities | 5,690,078 | 1.2 | ||||||||||||||||
Pakistan: 0.1% | |||||||||||||||||||
1,714,421 | Other Securities | 259,591 | 0.1 | ||||||||||||||||
Poland: 0.0% | |||||||||||||||||||
33,460 | Other Securities | 103,365 | 0.0 | ||||||||||||||||
Portugal: 0.0% | |||||||||||||||||||
14,548 | Other Securities | 183,018 | 0.0 | ||||||||||||||||
Singapore: 3.1% | |||||||||||||||||||
2,261,000 | @ | Biosensors International Group Ltd. | 2,495,700 | 0.5 | |||||||||||||||
59,959 | @ | China Yuchai International Ltd. | 1,985,841 | 0.5 | |||||||||||||||
12,504,050 | Other Securities | 10,836,095 | 2.1 | ||||||||||||||||
15,317,636 | 3.1 | ||||||||||||||||||
South Africa: 0.0% | |||||||||||||||||||
14,028 | Other Securities | 81,732 | 0.0 | ||||||||||||||||
South Korea: 3.5% | |||||||||||||||||||
63,360 | Hankook Tire Co. Ltd | 2,544,819 | 0.6 | ||||||||||||||||
14,425 | Samsung SDI Co., Ltd. | 2,584,833 | 0.6 | ||||||||||||||||
35,016 | SeAH Steel Corp. | 2,990,701 | 0.7 | ||||||||||||||||
394,999 | Other Securities | 8,831,469 | 1.6 | ||||||||||||||||
16,951,822 | 3.5 | ||||||||||||||||||
Spain: 0.4% | |||||||||||||||||||
65,544 | Other Securities | 2,166,122 | 0.4 | ||||||||||||||||
Sweden: 1.9% | |||||||||||||||||||
220,000 | Byggmax Group AB | 2,111,726 | 0.5 | ||||||||||||||||
79,295 | NCC AB | 2,120,475 | 0.4 | ||||||||||||||||
657,409 | Other Securities | 4,866,579 | 1.0 | ||||||||||||||||
9,098,780 | 1.9 | ||||||||||||||||||
Switzerland: 4.4% | |||||||||||||||||||
127,345 | @ | Clariant AG | 2,643,673 | 0.6 | |||||||||||||||
4,054 | @ | Forbo Holding AG | 3,317,400 | 0.7 | |||||||||||||||
55,000 | @ | Gategroup Holding AG | 2,947,705 | 0.5 | |||||||||||||||
COMMON STOCK: (continued) | |||||||||||||||||||
Switzerland: (continued) | |||||||||||||||||||
8,218 | Valora Holding AG | $ | 2,807,421 | 0.6 | |||||||||||||||
190,541 | Other Securities | 9,856,068 | 2.0 | ||||||||||||||||
21,572,267 | 4.4 | ||||||||||||||||||
Taiwan: 1.4% | |||||||||||||||||||
11,420,928 | Other Securities | 7,032,843 | 1.4 | ||||||||||||||||
Thailand: 0.6% | |||||||||||||||||||
3,264,200 | Krung Thai Bank PCL | 2,147,455 | 0.5 | ||||||||||||||||
7,896,100 | Other Securities | 821,512 | 0.1 | ||||||||||||||||
2,968,967 | 0.6 | ||||||||||||||||||
Turkey: 0.1% | |||||||||||||||||||
254,124 | Other Securities | 513,930 | 0.1 | ||||||||||||||||
United Arab Emirates: 0.6% | |||||||||||||||||||
390,000 | Other Securities | 2,743,491 | 0.6 | ||||||||||||||||
United Kingdom: 15.3% | |||||||||||||||||||
86,000 | DCC Group PLC | 2,902,179 | 0.6 | ||||||||||||||||
334,992 | Drax Group PLC | 2,467,278 | 0.5 | ||||||||||||||||
657,302 | Home Retail Group PLC | 2,426,150 | 0.6 | ||||||||||||||||
60,000 | @ | Premier Oil PLC | 2,016,608 | 0.4 | |||||||||||||||
750,476 | Senior Plc | 1,917,498 | 0.4 | ||||||||||||||||
12,539,645 | Other Securities | 63,371,232 | 12.8 | ||||||||||||||||
75,100,945 | 15.3 | ||||||||||||||||||
United States: 0.9% | |||||||||||||||||||
55,373 | Willis Group Holdings PLC | 2,288,013 | 0.5 | ||||||||||||||||
469,022 | Other Securities | 1,941,518 | 0.4 | ||||||||||||||||
4,229,531 | 0.9 | ||||||||||||||||||
Total Common Stock | |||||||||||||||||||
(Cost $374,052,372) | 481,299,287 | 98.2 | |||||||||||||||||
RIGHTS: 0.0% | |||||||||||||||||||
United Kingdom: 0.0% | |||||||||||||||||||
5,960,300 | Other Securities | 9,956 | 0.0 | ||||||||||||||||
Total Rights | |||||||||||||||||||
(Cost $—) | 9,956 | 0.0 | |||||||||||||||||
Total Long-Term Investments | |||||||||||||||||||
(Cost $374,052,372) | 481,309,243 | 98.2 | |||||||||||||||||
SHORT-TERM INVESTMENTS: 0.7% | |||||||||||||||||||
Securities Lending: 0.4% | |||||||||||||||||||
1,635,650 | BNY Mellon Overnight Government Fund(1) | 1,635,650 | 0.3 | ||||||||||||||||
79,696 | R | BNY Institutional Cash Reserves Fund, Series B(1)(2) | 63,757 | 0.1 | |||||||||||||||
Total Securities Lending | |||||||||||||||||||
(Cost $1,715,346) | 1,699,407 | 0.4 |
ING INTERNATIONAL SMALLCAP MULTI-MANAGER FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Shares | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHORT-TERM INVESTMENTS: (continued) | |||||||||||||||||||
Mutual Funds: 0.3% | |||||||||||||||||||
1,568,044 | BlackRock Liquidity Funds,TempFund, Institutional Class | ||||||||||||||||||
(Cost $1,568,044) | $ | 1,568,044 | 0.3 | ||||||||||||||||
Total Short-Term Investments | |||||||||||||||||||
(Cost $3,283,390) | 3,267,451 | 0.7 | |||||||||||||||||
Total Investments in Securities | |||||||||||||||||||
(Cost $377,335,762)* | $ | 484,576,694 | 98.9 | ||||||||||||||||
Assets in Excess of Other Liabilities | 5,383,301 | 1.1 | |||||||||||||||||
Net Assets | $ | 489,959,995 | 100.0 |
@ | Non-income producing security |
R | Restricted Security |
(1) | Collateral received from brokers for securities lending was invested in these short-term investments. |
(2) | On September 12, 2008, BNY established a separate sleeve of the Institutional Cash Reserves Fund (Series B) to hold certain Lehman Brothers defaulted debt obligations. The Portfolio’s position in Series B is being fair valued daily. Please see the accompanying Notes to Financial Statements for additional details on securities lending. |
* | Cost for federal income tax purposes is $379,909,433. |
Net unrealized appreciation consists of: | ||||||
Gross Unrealized Appreciation | $ | 128,610,031 | ||||
Gross Unrealized Depreciation | (23,942,770 | ) | ||||
Net Unrealized appreciation | $ | 104,667,261 |
Industry | Percentage of Net Assets | |||||
---|---|---|---|---|---|---|
Consumer Discretionary | 19.8 | % | ||||
Consumer Staples | 7.6 | |||||
Energy | 5.4 | |||||
Financials | 10.5 | |||||
Health Care | 4.3 | |||||
Industrials | 24.1 | |||||
Information Technology | 10.6 | |||||
Materials | 13.8 | |||||
Telecommunications | 0.9 | |||||
Utilities | 1.2 | |||||
Short-Term Investments | 0.7 | |||||
Other Assets and Liabilities — Net | 1.1 | |||||
Net Assets | 100.0 | % |
Quoted Prices in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs# (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at 4/30/2011 | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset Table | ||||||||||||||||||
Investments, at value | ||||||||||||||||||
Common Stock | ||||||||||||||||||
Australia | $ | 1,045,484 | $ | 28,009,844 | $ | — | $ | 29,055,328 | ||||||||||
Austria | 5,929,257 | 1,336,941 | — | 7,266,198 | ||||||||||||||
Belgium | 3,314,666 | 6,180,264 | — | 9,494,930 | ||||||||||||||
Bermuda | 1,854,889 | 758,107 | — | 2,612,996 | ||||||||||||||
Brazil | 2,383,671 | — | — | 2,383,671 | ||||||||||||||
British Virgin Islands | 95,281 | — | — | 95,281 | ||||||||||||||
Canada | 24,456,161 | — | — | 24,456,161 | ||||||||||||||
China | 2,544,423 | 6,767,179 | 309,249 | 9,620,851 | ||||||||||||||
Colombia | 171,033 | — | — | 171,033 | ||||||||||||||
Denmark | 2,845,516 | 6,258,409 | — | 9,103,925 | ||||||||||||||
Finland | 375,538 | 591,408 | — | 966,946 | ||||||||||||||
France | 5,736,323 | 24,366,673 | — | 30,102,996 | ||||||||||||||
Germany | 20,102,787 | 21,977,533 | — | 42,080,320 | ||||||||||||||
Greece | 710,370 | — | — | 710,370 | ||||||||||||||
Hong Kong | 443,559 | 13,744,439 | — | 14,187,998 | ||||||||||||||
India | — | 6,687,767 | — | 6,687,767 | ||||||||||||||
Indonesia | — | 2,696,431 | — | 2,696,431 | ||||||||||||||
Ireland | 710,064 | 2,982,534 | — | 3,692,598 | ||||||||||||||
Israel | 1,360,102 | 143,384 | — | 1,503,486 | ||||||||||||||
Italy | 2,843,837 | 10,537,809 | — | 13,381,646 |
ING INTERNATIONAL SMALLCAP MULTI-MANAGER FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Quoted Prices in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs# (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at 4/30/2011 | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Japan | $ | 48,505 | $ | 83,261,831 | $ | — | $ | 83,310,336 | ||||||||||
Luxembourg | 1,263,053 | 1,463,884 | — | 2,726,937 | ||||||||||||||
Malaysia | — | 1,856,689 | — | 1,856,689 | ||||||||||||||
Mexico | 70,057 | — | — | 70,057 | ||||||||||||||
Netherlands | 1,113,388 | 14,589,495 | — | 15,702,883 | ||||||||||||||
New Zealand | — | 3,347,335 | — | 3,347,335 | ||||||||||||||
Norway | 2,126,636 | 3,563,442 | — | 5,690,078 | ||||||||||||||
Pakistan | 250,404 | 9,187 | — | 259,591 | ||||||||||||||
Poland | 42,714 | 60,651 | — | 103,365 | ||||||||||||||
Portugal | — | 183,018 | — | 183,018 | ||||||||||||||
Singapore | 2,208,634 | 13,109,002 | — | 15,317,636 | ||||||||||||||
South Africa | 81,732 | — | — | 81,732 | ||||||||||||||
South Korea | 1,568,550 | 15,257,344 | 125,928 | 16,951,822 | ||||||||||||||
Spain | 824,252 | 1,341,870 | — | 2,166,122 | ||||||||||||||
Sweden | 3,459,019 | 5,639,761 | — | 9,098,780 | ||||||||||||||
Switzerland | 9,324,028 | 12,248,239 | — | 21,572,267 | ||||||||||||||
Taiwan | — | 7,032,843 | — | 7,032,843 | ||||||||||||||
Thailand | — | 2,968,967 | — | 2,968,967 | ||||||||||||||
Turkey | — | 513,930 | — | 513,930 | ||||||||||||||
United Arab Emirates | 1,563,773 | 1,179,718 | — | 2,743,491 | ||||||||||||||
United Kingdom | 20,745,145 | 54,207,720 | 148,080 | 75,100,945 | ||||||||||||||
United States | 4,229,531 | — | — | 4,229,531 | ||||||||||||||
Total Common Stock | 125,842,382 | 354,873,648 | 583,257 | 481,299,287 | ||||||||||||||
Rights | — | 9,956 | — | 9,956 | ||||||||||||||
Short-Term Investments | 3,203,694 | — | 63,757 | 3,267,451 | ||||||||||||||
Total Investments, at value | $ | 129,046,076 | $ | 354,883,604 | $ | 647,014 | $ | 484,576,694 | ||||||||||
Other Financial Instruments+ | ||||||||||||||||||
Forward Foreign Currency Contracts | — | 19,591 | — | 19,591 | ||||||||||||||
Total Assets | $ | 129,046,076 | $ | 354,903,195 | $ | 647,014 | $ | 484,596,285 |
ˆ | See Note 2, “Significant Accounting Policies” in the Notes to Financial Statements for additional information. |
+ | Other Financial Instruments are derivatives not reflected in the Portfolio of Investments and may include open forward foreign currency contracts, futures, swaps, and written options. Forward foreign currency contracts and futures are valued at the unrealized gain (loss) on the instrument. Swaps and written options are valued at the fair value of the instrument. |
# | The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Portfolio may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Portfolio’s investments are categorized as Level 2 investments. |
Beginning Balance 10/31/2010 | Purchases | Sales | Accrued Discounts/ (Premiums) | Total Realized Gain/(Loss) | Total Unrealized Appreciation/ (Depreciation) | Transfers Into Level 3 | Transfers Out of Level 3 | Ending Balance 4/30/2011 | ||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset Table | ||||||||||||||||||||||||||||||||||||||
Investments, at value | ||||||||||||||||||||||||||||||||||||||
Common Stock | $ | 46,547 | $ | 42,604 | $ | — | $ | — | $ | — | $ | (1,259 | ) | $ | 495,365 | $ | — | $ | 583,257 | |||||||||||||||||||
Short-Term Investments | 63,757 | — | — | — | — | — | — | — | 63,757 | |||||||||||||||||||||||||||||
Total Investments, at value | $ | 110,304 | $ | 42,604 | $ | — | $ | — | $ | — | $ | (1,259 | ) | $ | 495,365 | $ | — | $ | 647,014 |
ING INTERNATIONAL SMALLCAP MULTI-MANAGER FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Counterparty | Currency | Contract Amount | Buy/Sell | Settlement Date | In Exchange For | Fair Value | Unrealized Appreciation (Depreciation) | |||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
The Bank of New York Mellon Corp. | EU Euro | 518,276 | Buy | 05/06/11 | $ | 748,059 | $ | 767,514 | $ | 19,455 | ||||||||||||||||||||
State Street Bank & Trust Co. | Japanese Yen | 3,923,293 | Buy | 05/09/11 | 48,233 | 48,369 | 136 | |||||||||||||||||||||||
$ | 19,591 |
Derivatives not accounted for as hedging instruments | Location on Statement of Assets and Liabilities | Fair Value | ||||||||
---|---|---|---|---|---|---|---|---|---|---|
Asset Derivatives | ||||||||||
Foreign exchange contracts | Unrealized appreciation on forward foreign currency contracts | $ | 19,591 | |||||||
$ | 19,591 |
Amount of Realized Gain or (Loss) on Derivatives Recognized in Income | |||||||
---|---|---|---|---|---|---|---|
Derivatives not accounted for as hedging instruments | Foreign currency related transactions* | ||||||
Foreign exchange contracts | $ | (57,534 | ) | ||||
Total | $ | (57,534 | ) |
Change in Unrealized Appreciation or Depreciation on Derivatives Recognized in Income | |||||||
---|---|---|---|---|---|---|---|
Derivatives not accounted for as hedging instruments | Foreign currency related transactions* | ||||||
Foreign exchange contracts | $ | 19,591 | |||||
Total | $ | 19,591 |
* | Amounts recognized for forward foreign currency contracts are included in net realized gain (loss) on foreign currency related transactions and net change in unrealized appreciation or depreciation on foreign currency related transactions. |
ING INTERNATIONAL VALUE FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) |
Shares | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 98.1% | |||||||||||||||||||
Australia: 0.9% | |||||||||||||||||||
180,567 | BHP Billiton Ltd. | $ | 9,141,994 | 0.9 | |||||||||||||||
Belgium: 0.6% | |||||||||||||||||||
155,829 | Other Securities | 6,127,228 | 0.6 | ||||||||||||||||
Brazil: 2.7% | |||||||||||||||||||
1,432,416 | Other Securities | 28,158,241 | 2.7 | ||||||||||||||||
Canada: 3.2% | |||||||||||||||||||
224,400 | Barrick Gold Corp. | 11,446,644 | 1.1 | ||||||||||||||||
248,900 | Suncor Energy, Inc. | 11,459,356 | 1.1 | ||||||||||||||||
305,700 | Other Securities | 11,002,064 | 1.0 | ||||||||||||||||
33,908,064 | 3.2 | ||||||||||||||||||
China: 1.7% | |||||||||||||||||||
15,560,000 | Huaneng Power International, Inc. | 8,593,307 | 0.8 | ||||||||||||||||
11,944,000 | Other Securities | 9,396,843 | 0.9 | ||||||||||||||||
17,990,150 | 1.7 | ||||||||||||||||||
Denmark: 1.2% | |||||||||||||||||||
286,444 | Other Securities | 12,336,535 | 1.2 | ||||||||||||||||
Finland: 2.0% | |||||||||||||||||||
954,449 | Nokia OYJ | 8,792,773 | 0.8 | ||||||||||||||||
691,714 | Other Securities | 12,510,178 | 1.2 | ||||||||||||||||
21,302,951 | 2.0 | ||||||||||||||||||
France: 13.9% | |||||||||||||||||||
1,323,541 | @ | Alcatel-Lucent | 8,576,496 | 0.8 | |||||||||||||||
438,177 | AXA SA | 9,823,093 | 0.9 | ||||||||||||||||
137,505 | BNP Paribas | 10,870,407 | 1.1 | ||||||||||||||||
219,874 | Carrefour SA | 10,418,105 | 1.0 | ||||||||||||||||
406,335 | France Telecom SA | 9,522,214 | 0.9 | ||||||||||||||||
98,051 | Compagnie Generale des Etablissements Michelin | 9,828,065 | 0.9 | ||||||||||||||||
335,322 | Sanofi-Aventis SA | 26,529,718 | 2.4 | ||||||||||||||||
380,949 | Total SA | 24,396,542 | 2.3 | ||||||||||||||||
1,399,355 | Other Securities | 37,106,648 | 3.6 | ||||||||||||||||
147,071,288 | 13.9 | ||||||||||||||||||
Germany: 6.1% | |||||||||||||||||||
70,045 | Allianz SE | 11,004,865 | 1.1 | ||||||||||||||||
1,048,024 | Deutsche Telekom AG | 17,319,932 | 1.6 | ||||||||||||||||
68,531 | Siemens AG | 9,968,451 | 0.9 | ||||||||||||||||
350,109 | Other Securities | 26,643,586 | 2.5 | ||||||||||||||||
64,936,834 | 6.1 | ||||||||||||||||||
Hong Kong: 1.6% | |||||||||||||||||||
5,741,500 | Other Securities | 17,157,639 | 1.6 | ||||||||||||||||
Ireland: 0.9% | |||||||||||||||||||
504,484 | Other Securities | 9,069,828 | 0.9 | ||||||||||||||||
Israel: 0.3% | |||||||||||||||||||
65,900 | Other Securities | 3,013,607 | 0.3 | ||||||||||||||||
COMMON STOCK: (continued) | |||||||||||||||||||
Italy: 4.4% | |||||||||||||||||||
344,300 | ENI S.p.A. | $ | 9,218,177 | 0.9 | |||||||||||||||
12,713,021 | Telecom Italia S.p.A. | 16,393,667 | 1.5 | ||||||||||||||||
2,695,039 | Other Securities | 20,730,151 | 2.0 | ||||||||||||||||
46,341,995 | 4.4 | ||||||||||||||||||
Japan: 23.6% | |||||||||||||||||||
888,000 | Dai Nippon Printing Co., Ltd. | 10,652,432 | 1.1 | ||||||||||||||||
378,900 | Fuji Film Holdings Corp. | 11,779,200 | 1.0 | ||||||||||||||||
1,611,000 | Hitachi Ltd. | 8,744,072 | 0.8 | ||||||||||||||||
1,548 | Inpex Corp. | 11,900,691 | 1.1 | ||||||||||||||||
353,000 | JGC Corp. | 8,837,841 | 0.8 | ||||||||||||||||
175,300 | Mabuchi Motor Co., Ltd. | 8,697,231 | 0.8 | ||||||||||||||||
360,300 | Mitsubishi Corp. | 9,774,101 | 0.9 | ||||||||||||||||
370,200 | MS&AD Insurance Group Holdings | 8,669,292 | 0.8 | ||||||||||||||||
1,310,200 | Nissan Motor Co., Ltd. | 12,606,107 | 1.2 | ||||||||||||||||
186,600 | Nippon Telegraph & Telephone Corp. | 8,695,068 | 0.8 | ||||||||||||||||
4,407 | NTT DoCoMo, Inc. | 8,176,638 | 0.8 | ||||||||||||||||
299,400 | Omron Corp. | 8,234,896 | 0.8 | ||||||||||||||||
150,300 | Rohm Co., Ltd. | 9,051,978 | 0.9 | ||||||||||||||||
764,900 | Seven & I Holdings Co., Ltd. | 19,249,553 | 1.8 | ||||||||||||||||
338,300 | Sumitomo Mitsui Financial Group, Inc. | 10,508,231 | 1.0 | ||||||||||||||||
457,300 | Tokio Marine Holdings, Inc. | 12,792,711 | 1.1 | ||||||||||||||||
6,555,671 | Other Securities | 82,409,832 | 7.9 | ||||||||||||||||
250,779,874 | 23.6 | ||||||||||||||||||
Mexico: 0.2% | |||||||||||||||||||
116,865 | Other Securities | 2,187,713 | 0.2 | ||||||||||||||||
Netherlands: 7.0% | |||||||||||||||||||
369,887 | Royal Dutch Shell PLC — Class A | 14,407,649 | 1.3 | ||||||||||||||||
235,306 | Royal Dutch Shell PLC — Class B | 9,154,466 | 0.9 | ||||||||||||||||
492,937 | Unilever NV | 16,227,827 | 1.5 | ||||||||||||||||
346,725 | Wolters Kluwer NV | 8,078,480 | 0.8 | ||||||||||||||||
1,767,630 | Other Securities | 25,942,414 | 2.5 | ||||||||||||||||
73,810,836 | 7.0 | ||||||||||||||||||
New Zealand: 0.2% | |||||||||||||||||||
1,300,865 | Other Securities | 2,281,179 | 0.2 | ||||||||||||||||
Poland: 0.5% | |||||||||||||||||||
331,833 | Other Securities | 5,710,391 | 0.5 | ||||||||||||||||
Portugal: 0.9% | |||||||||||||||||||
1,752,451 | Other Securities | 9,994,829 | 0.9 | ||||||||||||||||
Singapore: 0.8% | |||||||||||||||||||
497,000 | Other Securities | 7,974,301 | 0.8 |
ING INTERNATIONAL VALUE FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Shares | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: (continued) | |||||||||||||||||||
South Africa: 1.3% | |||||||||||||||||||
513,486 | Other Securities | $ | 14,201,887 | 1.3 | |||||||||||||||
South Korea: 1.5% | |||||||||||||||||||
79,800 | SK Telecom Co., Ltd. | 12,090,769 | 1.2 | ||||||||||||||||
143,410 | Other Securities | 3,435,990 | 0.3 | ||||||||||||||||
15,526,759 | 1.5 | ||||||||||||||||||
Spain: 2.1% | |||||||||||||||||||
428,985 | Indra Sistemas SA | 9,730,037 | 0.9 | ||||||||||||||||
1,133,663 | Other Securities | 12,799,707 | 1.2 | ||||||||||||||||
22,529,744 | 2.1 | ||||||||||||||||||
Sweden: 0.9% | |||||||||||||||||||
644,530 | Other Securities | 9,829,626 | 0.9 | ||||||||||||||||
Switzerland: 5.8% | |||||||||||||||||||
335,395 | Novartis AG | 19,888,984 | 1.9 | ||||||||||||||||
595,233 | @ | UBS AG | 11,912,141 | 1.1 | |||||||||||||||
438,829 | Xstrata PLC | 11,255,529 | 1.1 | ||||||||||||||||
411,786 | Other Securities | 18,105,869 | 1.7 | ||||||||||||||||
61,162,523 | 5.8 | ||||||||||||||||||
United Kingdom: 12.6% | |||||||||||||||||||
200,530 | AstraZeneca PLC | 9,949,827 | 0.9 | ||||||||||||||||
1,608,312 | BAE Systems PLC | 8,828,480 | 0.9 | ||||||||||||||||
1,736,755 | Barclays PLC | 8,256,517 | 0.7 | ||||||||||||||||
1,038,481 | BP PLC | 7,983,053 | 0.8 | ||||||||||||||||
230,900 | BP PLC ADR | 10,653,726 | 1.0 | ||||||||||||||||
803,814 | GlaxoSmithKline PLC | 17,559,259 | 1.6 | ||||||||||||||||
2,441,820 | Home Retail Group PLC | 9,012,937 | 0.8 | ||||||||||||||||
4,594,565 | Vodafone Group PLC | 13,281,914 | 1.3 | ||||||||||||||||
9,018,128 | Other Securities | 48,231,943 | 4.6 | ||||||||||||||||
133,757,656 | 12.6 | ||||||||||||||||||
United States: 1.2% | |||||||||||||||||||
152,600 | Newmont Mining Corp. | 8,943,886 | 0.8 | ||||||||||||||||
104,934 | Other Securities | 3,761,884 | 0.4 | ||||||||||||||||
12,705,770 | 1.2 | ||||||||||||||||||
Total Common Stock | |||||||||||||||||||
(Cost $972,441,092) | 1,039,009,442 | 98.1 | |||||||||||||||||
RIGHTS: 0.0% | |||||||||||||||||||
Spain: 0.0% | |||||||||||||||||||
487,341 | Other Securities | 36,091 | 0.0 | ||||||||||||||||
Total Rights | |||||||||||||||||||
(Cost $—) | 36,091 | 0.0 | |||||||||||||||||
Total Long-Term Investments | |||||||||||||||||||
(Cost $972,441,092) | 1,039,045,533 | 98.1 | |||||||||||||||||
SHORT-TERM INVESTMENTS: 1.1% | |||||||||||||||||||
Securities Lending: 0.2% | |||||||||||||||||||
749,296 | BNY Mellon Overnight Government Fund(1) | $ | 749,296 | 0.1 | |||||||||||||||
1,202,292 | R | BNY Institutional Cash Reserves Fund, Series B(1)(2) | 961,834 | 0.1 | |||||||||||||||
Total Securities Lending | |||||||||||||||||||
(Cost $1,951,588) | 1,711,130 | 0.2 | |||||||||||||||||
Mutual Funds: 0.9% | |||||||||||||||||||
9,456,858 | BlackRock Liquidity Funds,TempFund, Institutional Class | ||||||||||||||||||
(Cost $9,456,858) | 9,456,858 | 0.9 | |||||||||||||||||
Total Short-Term Investments | |||||||||||||||||||
(Cost $11,408,446) | 11,167,988 | 1.1 | |||||||||||||||||
Total Investments in Securities | |||||||||||||||||||
(Cost $983,849,538)* | $ | 1,050,213,521 | 99.2 | ||||||||||||||||
Assets in Excess of Other Liabilities | 8,299,859 | 0.8 | |||||||||||||||||
Net Assets | $ | 1,058,513,380 | 100.0 |
@ | Non-income producing security |
ADR | American Depositary Receipt |
R | Restricted Security |
(1) | Collateral received from brokers for securities lending was invested in these short-term investments. |
(2) | On September 12, 2008, BNY established a separate sleeve of the Institutional Cash Reserves Fund (Series B) to hold certain Lehman Brothers defaulted debt obligations. The Portfolio’s position in Series B is being fair valued daily. Please see the accompanying Notes to Financial Statements for additional details on securities lending. |
ING INTERNATIONAL VALUE FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
* | Cost for federal income tax purposes is $1,001,868,016. |
Net unrealized appreciation consists of: | ||||||
Gross Unrealized Appreciation | $ | 136,142,496 | ||||
Gross Unrealized Depreciation | (87,796,991 | ) | ||||
Net Unrealized appreciation | $ | 48,345,505 |
Industry | Percentage of Net Assets | |||||
---|---|---|---|---|---|---|
Consumer Discretionary | 8.7 | % | ||||
Consumer Staples | 8.4 | |||||
Energy | 10.1 | |||||
Financials | 19.2 | |||||
Health Care | 9.3 | |||||
Industrials | 7.4 | |||||
Information Technology | 10.1 | |||||
Materials | 9.2 | |||||
Telecommunications | 11.1 | |||||
Utilities | 4.6 | |||||
Short-Term Investments | 1.1 | |||||
Other Assets and Liabilities — Net | 0.8 | |||||
Net Assets | 100.0 | % |
Quoted Prices in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs# (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at 4/30/2011 | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset Table | ||||||||||||||||||
Investments, at value | ||||||||||||||||||
Common Stock | ||||||||||||||||||
Australia | $ | — | $ | 9,141,994 | $ | — | $ | 9,141,994 | ||||||||||
Belgium | — | 6,127,228 | — | 6,127,228 | ||||||||||||||
Brazil | 28,158,241 | — | — | 28,158,241 | ||||||||||||||
Canada | 33,908,064 | — | — | 33,908,064 | ||||||||||||||
China | — | 17,990,150 | — | 17,990,150 | ||||||||||||||
Denmark | — | 12,336,535 | — | 12,336,535 | ||||||||||||||
Finland | — | 21,302,951 | — | 21,302,951 | ||||||||||||||
France | — | 147,071,288 | — | 147,071,288 | ||||||||||||||
Germany | 13,433,543 | 51,503,291 | — | 64,936,834 | ||||||||||||||
Hong Kong | — | 17,157,639 | — | 17,157,639 | ||||||||||||||
Ireland | — | 9,069,828 | — | 9,069,828 | ||||||||||||||
Israel | 3,013,607 | — | — | 3,013,607 | ||||||||||||||
Italy | 5,510,788 | 40,831,207 | — | 46,341,995 | ||||||||||||||
Japan | — | 250,779,874 | — | 250,779,874 | ||||||||||||||
Mexico | 2,187,713 | — | — | 2,187,713 | ||||||||||||||
Netherlands | — | 73,810,836 | — | 73,810,836 | ||||||||||||||
New Zealand | — | 2,281,179 | — | 2,281,179 | ||||||||||||||
Poland | — | 5,710,391 | — | 5,710,391 | ||||||||||||||
Portugal | — | 9,994,829 | — | 9,994,829 | ||||||||||||||
Singapore | — | 7,974,301 | — | 7,974,301 | ||||||||||||||
South Africa | — | 14,201,887 | — | 14,201,887 | ||||||||||||||
South Korea | — | 15,526,759 | — | 15,526,759 | ||||||||||||||
Spain | 6,780,112 | 15,749,632 | — | 22,529,744 | ||||||||||||||
Sweden | — | 9,829,626 | — | 9,829,626 | ||||||||||||||
Switzerland | — | 61,162,523 | — | 61,162,523 | ||||||||||||||
United Kingdom | 10,653,726 | 123,103,930 | — | 133,757,656 | ||||||||||||||
United States | 12,705,770 | — | — | 12,705,770 | ||||||||||||||
Total Common Stock | 116,351,564 | 922,657,878 | — | 1,039,009,442 | ||||||||||||||
Rights | — | 36,091 | — | 36,091 | ||||||||||||||
Short-Term Investments | 10,206,154 | — | 961,834 | 11,167,988 | ||||||||||||||
Total Investments, at value | $ | 126,557,718 | $ | 922,693,969 | $ | 961,834 | $ | 1,050,213,521 | ||||||||||
Other Financial Instruments+ | ||||||||||||||||||
Forward Foreign Currency Contracts | — | 1,846 | — | 1,846 | ||||||||||||||
Total Assets | $ | 126,557,718 | $ | 922,695,815 | $ | 961,834 | $ | 1,050,215,367 |
ING INTERNATIONAL VALUE FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Quoted Prices in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs# (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at 4/30/2011 | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liabilities Table | ||||||||||||||||||
Other Financial Instruments+ | ||||||||||||||||||
Forward Foreign Currency Contracts | $ | — | $ | (426 | ) | $ | — | $ | (426 | ) | ||||||||
Total Liabilities | $ | — | $ | (426 | ) | $ | — | $ | (426 | ) |
ˆ | See Note 2, “Significant Accounting Policies” in the Notes to Financial Statements for additional information. |
+ | Other Financial Instruments are derivatives not reflected in the Portfolio of Investments and may include open forward foreign currency contracts, futures, swaps, and written options. Forward foreign currency contracts and futures are valued at the unrealized gain (loss) on the instrument. Swaps and written options are valued at the fair value of the instrument. |
# | The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Portfolio may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Portfolio’s investments are categorized as Level 2 investments. |
Beginning Balance 10/31/2010 | Purchases | Sales | Accrued Discounts/ (Premiums) | Total Realized Gain/(Loss) | Total Unrealized Appreciation/ (Depreciation) | Transfers Into Level 3 | Transfers Out of Level 3 | Ending Balance 4/30/2011 | ||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset Table | ||||||||||||||||||||||||||||||||||||||
Investments, at value | ||||||||||||||||||||||||||||||||||||||
Short-Term Investments | $ | 961,834 | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | 961,834 | ||||||||||||||||||||
Total Investments, at value | $ | 961,834 | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | 961,834 |
Counterparty | Currency | Contract Amount | Buy/Sell | Settlement Date | In Exchange For | Fair Value | Unrealized Appreciation (Depreciation) | |||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Bank of America | Japanese Yen | 40,201,658 | Buy | 05/09/11 | $ | 493,787 | $ | 495,633 | $ | 1,846 | ||||||||||||||||||||
$ | 1,846 | |||||||||||||||||||||||||||||
The Bank of New York Mellon Corp. | Japanese Yen | 7,855,137 | Sell | 05/09/11 | $ | 96,418 | $ | 96,844 | $ | (426 | ) | |||||||||||||||||||
$ | (426 | ) |
Derivatives not accounted for as hedging instruments | Location on Statement of Assets and Liabilities | Fair Value | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Asset Derivatives | |||||||||||
Foreign exchange contracts | Unrealized appreciation on forward foreign currency contracts | $ | 1,846 | ||||||||
Total Asset Derivatives | $ | 1,846 | |||||||||
Liability Derivatives | |||||||||||
Foreign exchange contracts | Unrealized depreciation on forward foreign currency contracts | $ | 426 | ||||||||
Total Liability Derivatives | $ | 426 |
ING INTERNATIONAL VALUE FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Amount of Realized Gain or (Loss) on Derivatives Recognized in Income | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|
Derivatives not accounted for as hedging instruments | Foreign currency related transactions* | |||||||||
Foreign exchange contracts | $ | 222,819 | ||||||||
Total | $ | 222,819 |
Change in Unrealized Appreciation or Depreciation on Derivatives Recognized in Income | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|
Derivatives not accounted for as hedging instruments | Foreign currency related transactions* | |||||||||
Foreign exchange contracts | $ | 1,420 | ||||||||
Total | $ | 1,420 |
* | Amounts recognized for forward foreign currency contracts are included in net realized gain (loss) on foreign currency related transactions and net change in unrealized appreciation or depreciation on foreign currency related transactions. |
ING INTERNATIONAL VALUE CHOICE FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) |
Shares | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 96.2% | |||||||||||||||||||
Australia: 3.2% | |||||||||||||||||||
227,680 | Alumina Ltd. | $ | 570,226 | 1.0 | |||||||||||||||
25,751 | Newcrest Mining Ltd. | 1,172,820 | 2.2 | ||||||||||||||||
1,743,046 | 3.2 | ||||||||||||||||||
Belgium: 1.9% | |||||||||||||||||||
26,936 | Belgacom SA | 1,059,129 | 1.9 | ||||||||||||||||
Bermuda: 1.4% | |||||||||||||||||||
22,255 | Axis Capital Holdings Ltd. | 786,937 | 1.4 | ||||||||||||||||
Brazil: 2.5% | |||||||||||||||||||
43,933 | Centrais Eletricas Brasileiras SA ADR | 823,304 | 1.5 | ||||||||||||||||
66,876 | Embraer SA | 529,244 | 1.0 | ||||||||||||||||
1,352,548 | 2.5 | ||||||||||||||||||
Canada: 10.6% | |||||||||||||||||||
34,132 | Barrick Gold Corp. | 1,741,073 | 3.1 | ||||||||||||||||
17,671 | Cameco Corp. | 520,941 | 1.0 | ||||||||||||||||
88,347 | Kinross Gold Corp. | 1,399,416 | �� | 2.6 | |||||||||||||||
40,514 | Nexen, Inc. | 1,070,785 | 2.0 | ||||||||||||||||
23,661 | Suncor Energy, Inc. | 1,089,353 | 1.9 | ||||||||||||||||
5,821,568 | 10.6 | ||||||||||||||||||
Finland: 2.1% | |||||||||||||||||||
124,237 | Nokia OYJ ADR | 1,146,708 | 2.1 | ||||||||||||||||
France: 11.5% | |||||||||||||||||||
13,994 | @ | Areva SA | 644,420 | 1.2 | |||||||||||||||
27,455 | Carrefour SA | 1,300,877 | 2.4 | ||||||||||||||||
20,249 | EDF SA | 851,750 | 1.6 | ||||||||||||||||
22,541 | Sanofi-Aventis SA | 1,783,380 | 3.3 | ||||||||||||||||
8,362 | Societe Generale | 558,814 | 1.0 | ||||||||||||||||
26,591 | Thales SA | 1,174,542 | 2.0 | ||||||||||||||||
6,313,783 | 11.5 | ||||||||||||||||||
Germany: 2.6% | |||||||||||||||||||
3,777 | Allianz SE | 593,410 | 1.1 | ||||||||||||||||
5,698 | Siemens AG | 828,825 | 1.5 | ||||||||||||||||
1,422,235 | 2.6 | ||||||||||||||||||
Indonesia: 1.2% | |||||||||||||||||||
18,023 | Telekomunikasi Indonesia Tbk PT ADR | 651,351 | 1.2 | ||||||||||||||||
Italy: 2.3% | |||||||||||||||||||
970,481 | Telecom Italia S.p.A. | 1,251,453 | 2.3 | ||||||||||||||||
Japan: 32.2% | |||||||||||||||||||
165,390 | Chuo Mitsui Trust Holdings, Inc. | 569,395 | 1.0 | ||||||||||||||||
83,500 | Coca-Cola West Co., Ltd. | 1,729,303 | 3.3 | ||||||||||||||||
107,000 | Dai Nippon Printing Co., Ltd. | 1,283,570 | 2.3 | ||||||||||||||||
32,400 | Fuji Film Holdings Corp. | 1,007,248 | 1.9 | ||||||||||||||||
22,700 | Mabuchi Motor Co., Ltd. | 1,126,224 | 2.1 | ||||||||||||||||
COMMON STOCK: (continued) | |||||||||||||||||||
Japan: (continued) | |||||||||||||||||||
58,000 | MS&AD Insurance Group Holdings | $ | 1,358,236 | 2.5 | |||||||||||||||
3,000 | Nintendo Co., Ltd. | 709,842 | 1.3 | ||||||||||||||||
67,190 | Nippon Telegraph & Telephone Corp. ADR | 1,555,449 | 2.8 | ||||||||||||||||
12,200 | Rohm Co., Ltd. | 734,758 | 1.3 | ||||||||||||||||
15,600 | Sankyo Co., Ltd. | 811,286 | 1.5 | ||||||||||||||||
87,000 | Sekisui House Ltd. | 843,355 | 1.6 | ||||||||||||||||
40,200 | Seven & I Holdings Co., Ltd. | 1,011,677 | 1.8 | ||||||||||||||||
53,600 | Shiseido Co., Ltd. | 891,552 | 1.6 | ||||||||||||||||
9,154 | Toyota Motor Corp. ADR | 729,391 | 1.3 | ||||||||||||||||
62,000 | Wacoal Holdings Corp. | 807,133 | 1.5 | ||||||||||||||||
121,737 | Other Securities | 2,450,039 | 4.4 | ||||||||||||||||
17,618,458 | 32.2 | ||||||||||||||||||
Netherlands: 4.0% | |||||||||||||||||||
17,693 | Royal Dutch Shell PLC ADR | 1,386,424 | 2.5 | ||||||||||||||||
35,132 | Wolters Kluwer NV | 818,554 | 1.5 | ||||||||||||||||
2,204,978 | 4.0 | ||||||||||||||||||
Norway: 1.0% | |||||||||||||||||||
18,197 | Statoil ASA | 533,061 | 1.0 | ||||||||||||||||
Russia: 1.0% | |||||||||||||||||||
31,378 | Gazprom OAO ADR | 535,309 | 1.0 | ||||||||||||||||
South Africa: 4.8% | |||||||||||||||||||
28,831 | AngloGold Ashanti Ltd ADR | 1,469,805 | 2.7 | ||||||||||||||||
64,136 | Gold Fields Ltd. | 1,147,159 | 2.1 | ||||||||||||||||
2,616,964 | 4.8 | ||||||||||||||||||
South Korea: 4.2% | |||||||||||||||||||
60,781 | Korea Electric Power Corp. ADR | 735,450 | 1.3 | ||||||||||||||||
83,396 | SK Telecom Co., Ltd. ADR | 1,582,856 | 2.9 | ||||||||||||||||
2,318,306 | 4.2 | ||||||||||||||||||
Switzerland: 1.3% | |||||||||||||||||||
35,275 | UBS AG | 705,500 | 1.3 | ||||||||||||||||
United Kingdom: 8.4% | |||||||||||||||||||
28,601 | AstraZeneca PLC | 1,419,114 | 2.6 | ||||||||||||||||
67,330 | GlaxoSmithKline PLC | 1,470,820 | 2.7 | ||||||||||||||||
167,622 | Home Retail Group PLC | 618,705 | 1.1 | ||||||||||||||||
373,820 | Vodafone Group PLC | 1,080,634 | 2.0 | ||||||||||||||||
4,589,273 | 8.4 | ||||||||||||||||||
Total Common Stock | |||||||||||||||||||
(Cost $46,748,918) | 52,670,607 | 96.2 |
ING INTERNATIONAL VALUE CHOICE FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Shares | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHORT-TERM INVESTMENTS: 3.4% | |||||||||||||||||||
Mutual Funds: 3.4% | |||||||||||||||||||
1,886,858 | BlackRock Liquidity Funds,TempFund, Institutional Class | ||||||||||||||||||
(Cost $1,886,858) | $ | 1,886,858 | $ | 3.4 | |||||||||||||||
Total Short-Term Investments | |||||||||||||||||||
(Cost $1,886,858) | 1,886,858 | 3.4 | |||||||||||||||||
Total Investments in Securities | |||||||||||||||||||
(Cost $48,635,776)* | $ | 54,557,465 | 99.6 | ||||||||||||||||
Assets in Excess of Other Liabilities | 213,979 | 0.4 | |||||||||||||||||
�� | Net Assets | $ | 54,771,444 | 100.0 |
@ | Non-income producing security |
ADR | American Depositary Receipt |
* | Cost for federal income tax purposes is $49,883,134. |
Net unrealized appreciation consists of: | ||||||
Gross Unrealized Appreciation | $ | 8,250,444 | ||||
Gross Unrealized Depreciation | (3,576,113 | ) | ||||
Net Unrealized appreciation | $ | 4,674,331 |
Industry | Percentage of Net Assets | |||||
---|---|---|---|---|---|---|
Consumer Discretionary | 9.4 | % | ||||
Consumer Staples | 9.9 | |||||
Energy | 9.4 | |||||
Financials | 8.3 | |||||
Health Care | 9.8 | |||||
Industrials | 11.6 | |||||
Information Technology | 6.6 | |||||
Materials | 13.7 | |||||
Telecommunications | 13.1 | |||||
Utilities | 4.4 | |||||
Short-Term Investments | 3.4 | |||||
Other Assets and Liabilities — Net | 0.4 | |||||
Net Assets | 100.0 | % |
Quoted Prices in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs# (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at 4/30/2011 | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset Table | ||||||||||||||||||
Investments, at value | ||||||||||||||||||
Common Stock | ||||||||||||||||||
Australia | $ | — | $ | 1,743,046 | $ | — | $ | 1,743,046 | ||||||||||
Belgium | — | 1,059,129 | — | 1,059,129 | ||||||||||||||
Bermuda | 786,937 | — | — | 786,937 | ||||||||||||||
Brazil | 1,352,548 | — | — | 1,352,548 | ||||||||||||||
Canada | 5,821,568 | — | — | 5,821,568 | ||||||||||||||
Finland | 1,146,708 | — | — | 1,146,708 | ||||||||||||||
France | 644,420 | 5,669,363 | — | 6,313,783 | ||||||||||||||
Germany | — | 1,422,235 | — | 1,422,235 | ||||||||||||||
Indonesia | 651,351 | — | — | 651,351 | ||||||||||||||
Italy | — | 1,251,453 | — | 1,251,453 | ||||||||||||||
Japan | 2,284,840 | 15,333,618 | — | 17,618,458 | ||||||||||||||
Netherlands | 1,386,424 | 818,554 | — | 2,204,978 | ||||||||||||||
Norway | — | 533,061 | — | 533,061 | ||||||||||||||
Russia | 535,309 | — | — | 535,309 | ||||||||||||||
South Africa | 1,469,805 | 1,147,159 | — | 2,616,964 | ||||||||||||||
South Korea | 2,318,306 | — | — | 2,318,306 | ||||||||||||||
Switzerland | 705,500 | — | — | 705,500 | ||||||||||||||
United Kingdom | — | 4,589,273 | — | 4,589,273 | ||||||||||||||
Total Common Stock | 19,103,716 | 33,566,891 | — | 52,670,607 | ||||||||||||||
Short-Term Investments | 1,886,858 | — | — | 1,886,858 | ||||||||||||||
Total Investments, at value | $ | 20,990,574 | $ | 33,566,891 | $ | — | $ | 54,557,465 |
ING INTERNATIONAL VALUE CHOICE FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
ˆ | See Note 2, “Significant Accounting Policies” in the Notes to Financial Statements for additional information. |
# | The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Portfolio may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Portfolio’s investments are categorized as Level 2 investments. |
ING RUSSIA FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) |
Shares | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 98.8% | |||||||||||||||||||
Consumer Discretionary: 0.7% | |||||||||||||||||||
107,000 | CTC Media, Inc. | $ | 2,521,990 | 0.5 | |||||||||||||||
814,188 | @ | RBC Information Systems | 1,150,361 | 0.2 | |||||||||||||||
3,672,351 | 0.7 | ||||||||||||||||||
Consumer Staples: 6.9% | |||||||||||||||||||
200,000 | @ | Avangardco Investments Public Ltd. GDR | 3,860,000 | 0.8 | |||||||||||||||
175,200 | Magnit OAO | 23,252,580 | 4.6 | ||||||||||||||||
100,000 | #, @ | MHP SA GDR | 1,850,000 | 0.4 | |||||||||||||||
66,000 | @ | Synergy Co. | 2,772,000 | 0.5 | |||||||||||||||
91,800 | @ | X5 Retail Group N.V. GDR | 3,246,974 | 0.6 | |||||||||||||||
34,981,554 | 6.9 | ||||||||||||||||||
Energy: 37.0% | |||||||||||||||||||
6,188,900 | Gazprom OAO | 52,311,062 | 10.3 | ||||||||||||||||
677,700 | Lukoil-Spon ADR | 47,235,690 | 9.3 | ||||||||||||||||
228,000 | NovaTek OAO GDR | 32,153,003 | 6.3 | ||||||||||||||||
100,000 | OAO Gazprom ADR | 2,527,000 | 0.5 | ||||||||||||||||
2,265,013 | @ | Rosneft Oil Co. GDR | 20,285,909 | 4.0 | |||||||||||||||
16,444,400 | L | Surgutneftegas OJSC | 9,605,395 | 1.9 | |||||||||||||||
934,300 | L | Surgutneftegas OJSC ADR | 9,990,817 | 2.0 | |||||||||||||||
302,833 | L | Tatneft ADR | 13,679,716 | 2.7 | |||||||||||||||
187,788,592 | 37.0 | ||||||||||||||||||
Financials: 15.7% | |||||||||||||||||||
1,149,500 | @ | Bank St Petersburg OJSC | 5,958,832 | 1.2 | |||||||||||||||
190,700 | @ | Nomos — Bank | 3,365,855 | 0.7 | |||||||||||||||
190,141 | @, X | Renaissance Asset Managers Global Funds — Russian Power Utilities Fund | 1,667,251 | 0.3 | |||||||||||||||
14,836,321 | Sberbank of Russian Federation | 54,119,096 | 10.7 | ||||||||||||||||
2,214,600 | @ | VTB Bank OJSC GDR | 14,377,015 | 2.8 | |||||||||||||||
79,488,049 | 15.7 | ||||||||||||||||||
Health Care: 0.7% | |||||||||||||||||||
146,965 | @ | Pharmstandard — Reg S GDR GDR | 3,795,252 | 0.7 | |||||||||||||||
Industrials: 0.9% | |||||||||||||||||||
1,659,400 | Aeroflot — Russian Airlines OJSC | 4,156,903 | 0.8 | ||||||||||||||||
4,247,469 | @ | Novorossiysk Commercial Sea Port PJSC | 529,715 | 0.1 | |||||||||||||||
4,686,618 | 0.9 | ||||||||||||||||||
Materials: 26.8% | |||||||||||||||||||
34,000 | Akron JSC | 1,513,000 | 0.3 | ||||||||||||||||
257,100 | @, L | Evraz Group SA GDR | 8,736,578 | 1.7 | |||||||||||||||
490,680 | LSR Group GDR | 4,601,020 | 0.9 | ||||||||||||||||
100,000 | Mechel ADR | 972,000 | 0.2 | ||||||||||||||||
858,600 | L | Mechel OAO ADR | 24,530,202 | 4.8 | |||||||||||||||
32,900 | MMC Norilsk Nickel | 8,613,586 | 1.7 | ||||||||||||||||
945,621 | MMC Norilsk Nickel ADR | 26,176,021 | 5.2 | ||||||||||||||||
1,451,500 | Novolipetsk Steel | 5,650,682 | 1.1 | ||||||||||||||||
COMMON STOCK: (continued) | |||||||||||||||||||
Materials: (continued) | |||||||||||||||||||
265,400 | Petropavlovsk PLC | $ | 3,976,797 | 0.8 | |||||||||||||||
497,600 | @, L | Polymetal GDR | 9,524,064 | 1.9 | |||||||||||||||
572,600 | @ | Raspadskaya | 3,806,258 | 0.7 | |||||||||||||||
452,800 | Severstal OAO GDR | 8,190,775 | 1.6 | ||||||||||||||||
100,000 | @ | Sibirskiy Cement OAO | 2,530,000 | 0.5 | |||||||||||||||
1,562,000 | @, L | United Co. RUSAL | 2,395,092 | 0.5 | |||||||||||||||
590,290 | L | Uralkali GDR | 24,886,717 | 4.9 | |||||||||||||||
136,102,792 | 26.8 | ||||||||||||||||||
Telecommunications: 4.9% | |||||||||||||||||||
144,122 | @ | Comstar United Telesystems GDR | 1,051,540 | 0.2 | |||||||||||||||
458,800 | Mobile Telesystems OJSC ADR | 9,703,620 | 1.9 | ||||||||||||||||
588,552 | Rostelecom | 3,565,830 | 0.7 | ||||||||||||||||
368,700 | Sistema JSFC GDR | 10,440,937 | 2.1 | ||||||||||||||||
24,761,927 | 4.9 | ||||||||||||||||||
Utilities: 5.2% | |||||||||||||||||||
371,841,500 | @ | Federal Grid Co. Unified Energy System JSC | 4,906,724 | 1.0 | |||||||||||||||
35,749,700 | @ | IDGC Holding JSC | 5,422,373 | 1.1 | |||||||||||||||
20,000,000 | Mosenergo OAO | 1,982,227 | 0.4 | ||||||||||||||||
47,808,200 | @ | OGK-2 OAO | 2,714,724 | 0.5 | |||||||||||||||
185,198,748 | RusHydro | 9,381,429 | 1.8 | ||||||||||||||||
3,486,013,800 | Territorial Generating Co. No 1 | 2,099,208 | 0.4 | ||||||||||||||||
26,506,685 | 5.2 | ||||||||||||||||||
Total Common Stock | |||||||||||||||||||
(Cost $311,337,973) | 501,783,820 | 98.8 | |||||||||||||||||
SHORT-TERM INVESTMENTS: 5.4% | |||||||||||||||||||
Securities Lending: 5.4% | |||||||||||||||||||
26,509,399 | BNY Mellon Overnight Government Fund(1) | 26,509,399 | 5.2 | ||||||||||||||||
841,448 | R | BNY Institutional Cash Reserves Fund, Series B(1)(2) | 673,158 | 0.2 | |||||||||||||||
Total Short-Term Investments | |||||||||||||||||||
(Cost $27,350,847) | 27,182,557 | 5.4 | |||||||||||||||||
Total Investments in Securities | |||||||||||||||||||
(Cost $338,688,820)* | $ | 528,966,377 | 104.2 | ||||||||||||||||
Liabilities in Excess of Other Assets | (21,281,198 | ) | (4.2 | ) | |||||||||||||||
Net Assets | $ | 507,685,179 | 100.0 |
ING RUSSIA FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
# | Securities with purchases pursuant to Rule 144A or section 4(2), under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers. |
@ | Non-income producing security |
ADR | American Depositary Receipt |
GDR | Global Depositary Receipt |
R | Restricted Security |
L | Loaned security, a portion or all of the security is on loan at April 30, 2011. |
X | Fair value determined by ING Funds Valuation Committee appointed by the Funds’ Board of Directors/Trustees. |
(1) | Collateral received from brokers for securities lending was invested in these short-term investments. |
(2) | On September 12, 2008, BNY established a separate sleeve of the Institutional Cash Reserves Fund (Series B) to hold certain Lehman Brothers defaulted debt obligations. The Portfolio’s position in Series B is being fair valued daily. Please see the accompanying Notes to Financial Statements for additional details on securities lending. |
* | Cost for federal income tax purposes is $349,686,896. |
Net unrealized appreciation consists of: | ||||||
Gross Unrealized Appreciation | $ | 196,037,344 | ||||
Gross Unrealized Depreciation | (16,757,863 | ) | ||||
Net Unrealized appreciation | $ | 179,279,481 |
Quoted Prices in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs# (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at 4/30/2011 | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset Table | ||||||||||||||||||
Investments, at value | ||||||||||||||||||
Common Stock | ||||||||||||||||||
Consumer Discretionary | $ | 3,672,351 | $ | — | $ | — | $ | 3,672,351 | ||||||||||
Consumer Staples | 31,734,580 | 3,246,974 | — | 34,981,554 | ||||||||||||||
Energy | 111,679,147 | 76,109,445 | — | 187,788,592 | ||||||||||||||
Financials | 63,443,783 | 14,377,015 | 1,667,251 | 79,488,049 | ||||||||||||||
Health Care | — | 3,795,252 | — | 3,795,252 | ||||||||||||||
Industrials | 4,686,618 | — | — | 4,686,618 | ||||||||||||||
Materials | 48,526,206 | 87,576,586 | — | 136,102,792 | ||||||||||||||
Telecommunications | 14,320,990 | 10,440,937 | — | 24,761,927 | ||||||||||||||
Utilities | 17,125,256 | 9,381,429 | — | 26,506,685 | ||||||||||||||
Total Common Stock | 295,188,931 | 204,927,638 | 1,667,251 | 501,783,820 | ||||||||||||||
Short-Term Investments | 26,509,399 | — | 673,158 | 27,182,557 | ||||||||||||||
Total Investments, at value | $ | 321,698,330 | $ | 204,927,638 | $ | 2,340,409 | $ | 528,966,377 |
ˆ | See Note 2, “Significant Accounting Policies” in the Notes to Financial Statements for additional information. |
# | The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Portfolio may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Portfolio’s investments are categorized as Level 2 investments. |
Beginning Balance 10/31/2010 | Purchases | Sales | Accrued Discounts/ (Premiums) | Total Realized Gain/(Loss) | Total Unrealized Appreciation/ (Depreciation) | Transfers Into Level 3 | Transfers Out of Level 3 | Ending Balance 4/30/2011 | ||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset Table | ||||||||||||||||||||||||||||||||||||||
Investments, at value | ||||||||||||||||||||||||||||||||||||||
Common Stock | $ | 1,633,280 | $ | — | $ | — | $ | — | $ | — | $ | 33,971 | $ | — | $ | — | $ | 1,667,251 | ||||||||||||||||||||
Short-Term Investments | 673,158 | — | — | — | — | — | — | — | 673,158 | |||||||||||||||||||||||||||||
Total Investments, at value | $ | 2,306,438 | $ | — | $ | — | $ | — | $ | — | $ | 33,971 | $ | — | $ | — | $ | 2,340,409 |
ING GLOBAL BOND FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) |
Principal Amount† | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
CORPORATE BONDS/NOTES: 28.1% | |||||||||||||||||||
Consumer Discretionary: 4.6% | |||||||||||||||||||
$2,677,000 | S | DIRECTV Holdings LLC / DIRECTV Financing Co., Inc., 3.500%–6.375%, 03/01/16–03/01/41 | $ | 2,760,438 | 0.6 | ||||||||||||||
991,000 | # | Hyatt Hotels Corp., 6.875%, 08/15/19 | 1,099,674 | 0.2 | |||||||||||||||
800,000 | # | Myriad International Holding BV, 6.375%, 07/28/17 | 860,000 | 0.2 | |||||||||||||||
1,314,000 | # | NBC Universal, Inc., 2.875%, 04/01/16 | 1,300,317 | 0.2 | |||||||||||||||
270,000 | # | NBC Universal, Inc., 3.650%, 04/30/15 | 279,897 | 0.1 | |||||||||||||||
442,000 | # | NBC Universal, Inc., 5.150%, 04/30/20 | 462,547 | 0.1 | |||||||||||||||
510,000 | # | QVC, Inc., 7.375%, 10/15/20 | 538,050 | 0.1 | |||||||||||||||
230,000 | #, S | QVC, Inc., 7.500%, 10/01/19 | 245,525 | 0.0 | |||||||||||||||
910,000 | # | Rent-A-Center, Inc., 6.625%, 11/15/20 | 915,688 | 0.2 | |||||||||||||||
255,000 | # | Sigma Alimentos SA de CV, 5.625%, 04/14/18 | 256,913 | 0.0 | |||||||||||||||
1,813,000 | S | Time Warner, Inc., 3.150%–7.700%, 07/15/15–05/01/32 | 2,130,976 | 0.5 | |||||||||||||||
12,294,000 | Other Securities | 13,199,034 | 2.4 | ||||||||||||||||
24,049,059 | 4.6 | ||||||||||||||||||
Consumer Staples: 2.2% | |||||||||||||||||||
1,000,000 | # | JBS Finance II Ltd., 8.250%, 01/29/18 | 1,042,500 | 0.2 | |||||||||||||||
2,632,000 | S | Kellogg Co., 4.000%, 12/15/20 | 2,612,196 | 0.6 | |||||||||||||||
6,884,000 | Other Securities | 7,956,316 | 1.4 | ||||||||||||||||
11,611,012 | 2.2 | ||||||||||||||||||
Energy: 3.4% | |||||||||||||||||||
555,000 | # | CNPC HK Overseas Capital Ltd., 5.950%, 04/28/41 | 560,124 | 0.1 | |||||||||||||||
500,000 | # | Gazprom OAO Via Gaz Capital SA, 5.092%, 11/29/15 | 525,000 | 0.1 | |||||||||||||||
357,000 | # | Kazatomprom, 6.250%, 05/20/15 | 381,098 | 0.1 | |||||||||||||||
521,000 | # | KazMunayGas National Co., 7.000%, 05/05/20 | 568,411 | 0.1 | |||||||||||||||
1,000,000 | # | KazMunayGas National Co., 11.750%, 01/23/15 | 1,255,000 | 0.2 | |||||||||||||||
500,000 | # | Kinder Morgan Finance Co. LLC, 6.000%, 01/15/18 | 518,750 | 0.1 | |||||||||||||||
1,080,000 | # | Lukoil International Finance BV, 6.125%, 11/09/20 | 1,104,300 | 0.2 | |||||||||||||||
450,000 | # | Novatek Finance Ltd., 6.604%, 02/03/21 | 475,875 | 0.1 | |||||||||||||||
CORPORATE BONDS/NOTES: (continued) | |||||||||||||||||||
Energy: (continued) | |||||||||||||||||||
$ 1,200,000 | # | Novatek Finance Ltd.., 5.326%, 02/03/16 | $ | 1,247,598 | 0.3 | ||||||||||||||
260,000 | # | Odebrecht Drilling Norbe VIII/IX Ltd., 6.350%, 06/30/21 | 275,210 | 0.1 | |||||||||||||||
500,000 | # | Reliance Holdings USA, Inc., 4.500%, 10/19/20 | 473,921 | 0.1 | |||||||||||||||
300,000 | # | Reliance Holdings USA, Inc., 6.250%, 10/19/40 | 286,615 | 0.1 | |||||||||||||||
8,848,000 | Other Securities | 9,730,918 | 1.8 | ||||||||||||||||
17,402,820 | 3.4 | ||||||||||||||||||
Financials: 8.5% | |||||||||||||||||||
600,000 | # | Alfa Bank OJSC Via Alfa Bond Issuance PLC, 7.750%, 04/28/21 | 612,000 | 0.1 | |||||||||||||||
2,718,000 | S | American Express Credit Corp., 2.750%–5.125%, 08/25/14–09/15/15 | 2,890,170 | 0.6 | |||||||||||||||
540,000 | # | Banco de Credito del Peru, 5.375%, 09/16/20 | 503,550 | 0.1 | |||||||||||||||
800,000 | # | Banco Votorantim SA, 7.375%, 01/21/20 | 844,000 | 0.1 | |||||||||||||||
300,000 | # | Banco Votorantim SA, 5.250%, 02/11/16 | 304,500 | 0.1 | |||||||||||||||
1,028,000 | # | Barclays Bank PLC, 5.926%, 09/29/49 | 992,020 | 0.2 | |||||||||||||||
627,000 | # | Barclays Bank PLC, 6.050%, 12/04/17 | 667,585 | 0.1 | |||||||||||||||
2,124,000 | S | Citigroup, Inc., 5.000%–8.500%, 09/15/14–05/22/19 | 2,425,132 | 0.5 | |||||||||||||||
530,000 | # | Ferrexpo Finance PLC, 7.875%, 04/07/16 | 550,055 | 0.1 | |||||||||||||||
2,361,000 | S | General Electric Capital Corp., 2.250%–6.000%, 11/09/15–09/16/20 | 2,354,066 | 0.4 | |||||||||||||||
1,982,000 | S | Goldman Sachs Group, Inc., 5.375%, 03/15/20 | 2,064,799 | 0.4 | |||||||||||||||
500,000 | S | Goldman Sachs Group, Inc., 6.250%, 09/01/17 | 557,302 | 0.1 | |||||||||||||||
2,126,000 | S | HSBC USA, Inc., 5.000%, 09/27/20 | 2,132,889 | 0.4 | |||||||||||||||
325,000 | # | Hyundai Capital America, 3.750%, 04/06/16 | 323,260 | 0.1 | |||||||||||||||
762,000 | # | ICICI Bank Ltd., 5.750%, 11/16/20 | 767,706 | 0.1 | |||||||||||||||
139,000 | # | International Lease Finance Corp., 8.625%, 09/15/15 | 153,248 | 0.0 | |||||||||||||||
1,219,000 | # | Lloyds TSB Bank PLC, 6.500%, 09/14/20 | 1,246,120 | 0.3 | |||||||||||||||
2,338,000 | S | Morgan Stanley, 4.100%–7.300%, 01/26/15–05/13/19 | 2,589,904 | 0.5 |
ING GLOBAL BOND FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Principal Amount† | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
CORPORATE BONDS/NOTES: (continued) | |||||||||||||||||||
Financials: (continued) | |||||||||||||||||||
$857,000 | # | Pacific Life Insurance Co., 9.250%, 06/15/39 | $ | 1,153,665 | 0.2 | ||||||||||||||
500,000 | # | Sinochem Overseas Capital Co. Ltd., 4.500%, 11/12/20 | 477,695 | 0.1 | |||||||||||||||
762,000 | # | Sinochem Overseas Capital Co. Ltd., 6.300%, 11/12/40 | 745,116 | 0.1 | |||||||||||||||
400,000 | # | Vnesheconombank Via VEB Finance Ltd, 6.902%, 07/09/20 | 430,000 | 0.1 | |||||||||||||||
588,000 | # | Voto-Votorantim Ltd., 6.750%, 04/05/21 | 629,160 | 0.1 | |||||||||||||||
1,000,000 | # | VTB Bank Via VTB Capital SA, 6.551%, 10/13/20 | 1,021,300 | 0.1 | |||||||||||||||
17,169,000 | Other Securities | 18,914,302 | 3.6 | ||||||||||||||||
45,349,544 | 8.5 | ||||||||||||||||||
Health Care: 0.9% | |||||||||||||||||||
425,000 | # | Hypermarcas SA, 6.500%, 04/20/21 | 431,375 | 0.1 | |||||||||||||||
500,000 | # | Mylan, Inc./PA, 7.625%, 07/15/17 | 550,000 | 0.1 | |||||||||||||||
2,078,000 | S | St Jude Medical, Inc., 2.500%, 01/15/16 | 2,074,731 | 0.3 | |||||||||||||||
400,000 | # | Valeant Pharmaceuticals International, Inc., 7.000%, 10/01/20 | 395,000 | 0.1 | |||||||||||||||
1,095,000 | Other Securities | 1,147,950 | 0.3 | ||||||||||||||||
4,599,056 | 0.9 | ||||||||||||||||||
Industrials: 1.8% | |||||||||||||||||||
445,000 | # | Bombardier, Inc., 7.500%, 03/15/18 | 495,619 | 0.1 | |||||||||||||||
600,000 | # | Cemex SAB de CV, 9.000%, 01/11/18 | 624,750 | 0.1 | |||||||||||||||
473,000 | # | Chevron Phillips Chemical Co. LLC, 8.250%, 06/15/19 | 584,257 | 0.1 | |||||||||||||||
851,000 | # | Lyondell Chemical Co., 8.000%, 11/01/17 | 950,993 | 0.2 | |||||||||||||||
500,000 | # | SPX Corp., 6.875%, 09/01/17 | 537,500 | 0.1 | |||||||||||||||
5,832,000 | Other Securities | 6,193,251 | 1.2 | ||||||||||||||||
9,386,370 | 1.8 | ||||||||||||||||||
Information Technology: 0.6% | |||||||||||||||||||
3,056,000 | Other Securities | 3,147,458 | 0.6 | ||||||||||||||||
Materials: 1.4% | |||||||||||||||||||
740,000 | # | ALROSA Finance SA, 7.750%, 11/03/20 | 801,050 | 0.2 | |||||||||||||||
416,000 | #, S | Celulosa Arauco y Constitucion SA, 5.000%, 01/21/21 | 417,653 | 0.1 | |||||||||||||||
1,079,000 | # | Fibria Overseas Finance Ltd., 7.500%, 05/04/20 | 1,194,992 | 0.2 | |||||||||||||||
CORPORATE BONDS/NOTES: (continued) | |||||||||||||||||||
Materials: (continued) | |||||||||||||||||||
$735,000 | # | Georgia Pacific, LLC, 5.400%, 11/01/20 | $ | 742,881 | 0.1 | ||||||||||||||
880,000 | # | Gerdau Trade, Inc., 5.750%, 01/30/21 | 893,200 | 0.2 | |||||||||||||||
672,000 | # | Inversiones CMPC SA, 4.750%, 01/19/18 | 664,926 | 0.1 | |||||||||||||||
645,000 | # | Inversiones CMPC SA, 6.125%, 11/05/19 | 687,999 | 0.1 | |||||||||||||||
462,000 | # | Sino-Forest Corp., 6.250%, 10/21/17 | 456,225 | 0.1 | |||||||||||||||
231,000 | # | Xstrata Finance Canada Ltd., 5.500%, 11/16/11 | 236,923 | 0.0 | |||||||||||||||
1,393,000 | Other Securities | 1,488,751 | 0.3 | ||||||||||||||||
7,584,600 | 1.4 | ||||||||||||||||||
Real Estate: 0.2% | |||||||||||||||||||
842,000 | Other Securities | 885,985 | 0.2 | ||||||||||||||||
Semiconductors: 0.1% | |||||||||||||||||||
500,000 | # | STATS ChipPAC Ltd., 7.500%, 08/12/15 | 542,500 | 0.1 | |||||||||||||||
Software: 0.2% | |||||||||||||||||||
1,055,000 | # | Oracle Corp., 5.375%, 07/15/40 | 1,058,009 | 0.2 | |||||||||||||||
Telecommunications: 2.2% | |||||||||||||||||||
2,040,000 | S | AT&T, Inc., 2.500%, 08/15/15 | 2,047,387 | 0.4 | |||||||||||||||
1,250,000 | # | Qtel International Finance Ltd., 3.375%, 10/14/16 | 1,224,885 | 0.2 | |||||||||||||||
500,000 | # | Qtel International Finance Ltd., 4.750%, 02/16/21 | 474,943 | 0.1 | |||||||||||||||
500,000 | # | Vimpel Communications Via VIP Finance Ireland Ltd.. OJSC, 6.493%, 02/02/16 | 522,500 | 0.1 | |||||||||||||||
400,000 | # | Vimpel Communications Via VIP Finance Ireland Ltd.. OJSC, 7.748%, 02/02/21 | 424,000 | 0.1 | |||||||||||||||
6,429,000 | Other Securities | 7,018,741 | 1.3 | ||||||||||||||||
11,712,456 | 2.2 | ||||||||||||||||||
Transportation: 0.3% | |||||||||||||||||||
1,683,000 | # | SCF Capital Ltd., 5.375%, 10/27/17 | 1,668,358 | 0.3 | |||||||||||||||
Utilities: 1.7% | |||||||||||||||||||
426,000 | # | Allegheny Energy Supply Co. LLC, 5.750%, 10/15/19 | 441,191 | 0.1 | |||||||||||||||
728,000 | # | Iberdrola Finance Ireland Ltd., 5.000%, 09/11/19 | 721,490 | 0.1 |
ING GLOBAL BOND FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Principal Amount† | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
CORPORATE BONDS/NOTES: (continued) | |||||||||||||||||||
Utilities: (continued) | |||||||||||||||||||
$ 7,157,000 | Other Securities | $ | 7,764,955 | 1.5 | |||||||||||||||
8,927,636 | 1.7 | ||||||||||||||||||
Total Corporate Bonds/Notes | |||||||||||||||||||
(Cost $139,093,672) | 147,924,863 | 28.1 | |||||||||||||||||
COLLATERALIZED MORTGAGE OBLIGATIONS: 13.0% | |||||||||||||||||||
Financials: 13.0% | |||||||||||||||||||
1,685,000 | # | American General Mortgage Loan Trust, 5.750%, 09/25/48 | 1,720,555 | 0.3 | |||||||||||||||
1,910,000 | S | Banc of America Commercial Mortgage, Inc., 5.802%, 06/10/49 | 2,058,193 | 0.4 | |||||||||||||||
3,020,000 | S | Banc of America Commercial Mortgage, Inc., 5.243%–5.802%, 07/10/43–06/10/49 | 3,090,159 | 0.5 | |||||||||||||||
550,000 | # | Banc of America Large Loan, Inc., 5.912%, 10/10/45 | 543,401 | 0.1 | |||||||||||||||
630,000 | # | Banc of America Large Loan, Inc., 6.010%, 10/10/45 | 619,627 | 0.1 | |||||||||||||||
2,298,062 | S | Chase Mortgage Finance Corp., 5.396%, 12/25/35 | 2,236,905 | 0.4 | |||||||||||||||
1,000,000 | # | DBUBS Mortgage Trust, 5.729%, 11/10/46 | 989,398 | 0.2 | |||||||||||||||
420,000 | # | DBUBS Mortgage Trust, 5.729%, 11/10/46 | 429,328 | 0.1 | |||||||||||||||
750,000 | # | FREMF Mortgage Trust, 5.532%, 12/26/46 | 773,910 | 0.1 | |||||||||||||||
2,230,000 | S | Greenwich Capital Commercial Funding Corp., 5.736%, 12/10/49 | 2,419,781 | 0.4 | |||||||||||||||
730,000 | S | Greenwich Capital Commercial Funding Corp., 6.078%, 07/10/38 | 810,721 | 0.2 | |||||||||||||||
900,000 | # | GS Mortgage Securities Corp. II, 6.053%, 07/12/38 | 975,113 | 0.2 | |||||||||||||||
6,125,000 | S | JP Morgan Chase Commercial Mortgage Securities Corp., 5.372%–6.288%, 05/15/45–02/15/51 | 6,506,647 | 1.2 | |||||||||||||||
1,460,000 | S | LB Commercial Conduit Mortgage Trust, 6.141%, 07/15/44 | 1,475,292 | 0.3 | |||||||||||||||
990,000 | S | LB Commercial Conduit Mortgage Trust, 6.141%, 07/15/44 | 1,098,801 | 0.2 | |||||||||||||||
2,290,000 | S | LB-UBS Commercial Mortgage Trust, 5.323%–5.424%, 02/15/40–11/15/40 | 2,437,123 | 0.5 | |||||||||||||||
COLLATERALIZED MORTGAGE OBLIGATIONS: (continued) | |||||||||||||||||||
Financials: (continued) | |||||||||||||||||||
$3,780,000 | S | LB-UBS Commercial Mortgage Trust, 4.986%–6.098%, 06/15/38–02/15/40 | $ | 3,805,751 | 0.8 | ||||||||||||||
980,000 | # | Morgan Stanley Capital I, 5.442%, 09/15/47 | 978,990 | 0.2 | |||||||||||||||
600,000 | # | Morgan Stanley Capital I, 5.442%, 09/15/47 | 583,970 | 0.1 | |||||||||||||||
881,251 | S | Morgan Stanley Capital I, 5.610%, 04/15/49 | 897,086 | 0.2 | |||||||||||||||
2,333,535 | S | Morgan Stanley Capital I, 5.777%, 04/12/49 | 2,397,889 | 0.5 | |||||||||||||||
190,000 | # | Morgan Stanley Dean Witter Capital I, 6.500%, 11/15/36 | 84,148 | 0.0 | |||||||||||||||
1,000,000 | # | RBSCF Trust, 5.420%, 01/19/49 | 1,041,409 | 0.2 | |||||||||||||||
2,366,024 | +, S | Structured Asset Securities Corp., 4.550%, 02/25/34 | 2,408,911 | 0.5 | |||||||||||||||
1,353,866 | S | Structured Asset Securities Corp., 2.547%–5.000%, 09/25/33–05/25/35 | 1,318,553 | 0.3 | |||||||||||||||
1,830,000 | S | Wachovia Bank Commercial Mortgage Trust, 5.342%, 12/15/43 | 1,950,155 | 0.4 | |||||||||||||||
790,000 | # | Wachovia Bank Commercial Mortgage Trust, 5.125%, 08/15/35 | 816,473 | 0.2 | |||||||||||||||
2,480,000 | S | Wachovia Bank Commercial Mortgage Trust, 5.246%–5.383%, 12/15/43 | 2,514,970 | 0.4 | |||||||||||||||
4,051,584 | S | Wells Fargo Mortgage Backed Securities Trust, 2.808%–5.255%, 05/25/35–11/25/36 | 3,988,187 | 0.8 | |||||||||||||||
2,311,328 | S | Wells Fargo Mortgage Backed Securities Trust, 5.367%, 08/25/35 | 2,321,091 | 0.4 | |||||||||||||||
15,159,970 | Other Securities | 15,066,436 | 2.8 | ||||||||||||||||
Total Collateralized Mortgage Obligations | |||||||||||||||||||
(Cost $65,924,882) | 68,358,973 | 13.0 | |||||||||||||||||
MUNICIPAL BONDS: 0.2% | |||||||||||||||||||
Louisiana: 0.2% | |||||||||||||||||||
988,000 | Other Securities | 991,567 | 0.2 | ||||||||||||||||
Total Municipal Bonds | |||||||||||||||||||
(Cost $987,723) | 991,567 | 0.2 |
ING GLOBAL BOND FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Principal Amount† | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OTHER BONDS: 31.6% | |||||||||||||||||||
Foreign Government Bonds: 31.9% | |||||||||||||||||||
ARS 12,177,000 | Argentina Bonos, 2.000%, 09/30/14 | $ | 4,287,098 | 0.8 | |||||||||||||||
EUR 6,500,000 | Bundesrepublik Deutschland, 3.750%, 01/04/19 | 10,109,327 | 1.9 | ||||||||||||||||
EUR 4,400,000 | Bundesrepublik Deutschland, 4.250%, 07/04/39 | 7,101,749 | 1.4 | ||||||||||||||||
EUR 4,459,000 | Italy Buoni Poliennali Del Tesoro, 3.750%, 03/01/21 | 6,130,549 | 1.2 | ||||||||||||||||
CAD 2,000,000 | Canadian Government Bond, 3.500%, 06/01/20 | 2,164,033 | 0.4 | ||||||||||||||||
1,426,000 | # | Eskom Holdings Ltd.., 5.750%, 01/26/21 | 1,461,650 | 0.3 | |||||||||||||||
EUR 4,289,000 | Italy Buoni Poliennali Del Tesoro, 3.000%, 11/01/15 | 6,138,273 | 1.2 | ||||||||||||||||
JPY 370,000,000 | Japan Government Bond, 2.400%, 09/20/38 | 4,824,095 | 0.9 | ||||||||||||||||
JPY 500,000,000 | Japan Government Bond, 1.400%, 12/20/11 | 6,210,294 | 1.2 | ||||||||||||||||
JPY 500,000,000 | Japan Government Bond, 2.300%, 03/20/40 | 6,395,889 | 1.2 | ||||||||||||||||
500,000 | # | Korea Housing Finance Corp., 4.125%, 12/15/15 | 515,668 | 0.1 | |||||||||||||||
KRW 21,931,000,000 | Korea Treasury Bond, 4.750%, 12/10/11 | 20,638,981 | 4.0 | ||||||||||||||||
MXN168,000,000 | Mexican Federal Treasury Certificates (CETES), 4.630%, 09/22/11 | 14,326,927 | 2.7 | ||||||||||||||||
MXN 121,679,891 | Mexican Udibonos, 4.000%, 06/13/19 | 11,305,384 | 2.1 | ||||||||||||||||
BRL 80,096,000 | Brazil Notas do Tesouro Nacional Serie F, 10.000%, 01/01/14 | 47,957,418 | 9.2 | ||||||||||||||||
ZAR 26,950,000 | South Africa Government Bond, 7.250%, 01/15/20 | 3,823,090 | 0.7 | ||||||||||||||||
ZAR 24,506,880 | South Africa Government Bond, 2.750%, 01/31/22 | 3,759,837 | 0.7 | ||||||||||||||||
EUR 2,381,000 | Spain Government Bond, 3.250%, 04/30/16 | 3,340,714 | 0.6 | ||||||||||||||||
EUR 2,214,000 | Spain Government Bond, 5.500%, 04/30/21 | 3,333,933 | 0.6 | ||||||||||||||||
JPY 116,200,234 | Other Securities | 2,032,481 | 0.4 | ||||||||||||||||
Total Other Bonds | |||||||||||||||||||
(Cost $153,371,869) | 165,857,390 | 31.6 | |||||||||||||||||
U.S. TREASURY OBLIGATIONS: 10.7% | |||||||||||||||||||
Treasury Inflation Indexed Protected Securities: 1.9% | |||||||||||||||||||
$ 9,349,000 | S | 0.500%, due 4/15/2015 | $ | 10,097,006 | 1.9 | ||||||||||||||
U.S. Treasury Bonds: 4.3% | |||||||||||||||||||
5,943,000 | S | 3.625%, due 2/15/2021 | 6,105,505 | 1.2 | |||||||||||||||
7,828,000 | S | 3.375%, due 11/15/2019 | 8,021,868 | 1.5 | |||||||||||||||
8,932,000 | S | 4.250%, due 11/15/2040 | 8,684,977 | 1.6 | |||||||||||||||
22,812,350 | 4.3 | ||||||||||||||||||
U.S. Treasury Notes: 4.5% | |||||||||||||||||||
2,691,000 | S | 0.750%, due 3/31/2013 | 2,700,462 | 0.5 | |||||||||||||||
9,725,000 | 1.250%, due 4/15/2014 | 9,795,661 | 2.0 | ||||||||||||||||
6,646,000 | S | 2.250%, due 3/31/2016 | 6,744,667 | 1.3 | |||||||||||||||
3,850,000 | S | 2.750%, due 2/28/2018 | 3,879,780 | 0.7 | |||||||||||||||
23,120,570 | 4.5 | ||||||||||||||||||
Total U.S. Treasury Obligations | |||||||||||||||||||
(Cost $55,641,180) | 56,029,926 | 10.7 | |||||||||||||||||
ASSET-BACKED SECURITIES: 5.3% | |||||||||||||||||||
Automobile Asset-Backed Securities: 1.2% | |||||||||||||||||||
2,359,000 | S | CarMax Auto Owner Trust, 1.290%–2.160%, 09/15/15–09/15/16 | 2,375,384 | 0.4 | |||||||||||||||
925,000 | # | Chrysler Financial Auto Securitization Trust, 5.570%, 08/08/14 | 955,419 | 0.2 | |||||||||||||||
968,000 | # | Chrysler Financial Auto Securitization Trust, 6.250%, 05/08/14 | 1,003,740 | 0.2 | |||||||||||||||
1,836,000 | # | Chrysler Financial Auto Securitization Trust, 6.540%, 11/10/14 | 1,913,776 | 0.4 | |||||||||||||||
6,248,319 | 1.2 | ||||||||||||||||||
Credit Card Asset-Backed Securities: 4.1% | |||||||||||||||||||
3,288,000 | Capital One Multi-Asset Execution Trust, 0.509%–5.750%, 03/17/14–07/15/20 | 3,431,830 | 0.6 | ||||||||||||||||
2,661,000 | S | Citibank Credit Card Issuance Trust, 6.950%, 02/18/14 | 2,780,301 | 0.5 | |||||||||||||||
2,211,000 | S | Citibank Credit Card Issuance Trust, 0.629%–6.300%, 07/15/13–07/15/14 | 2,233,597 | 0.4 | |||||||||||||||
EUR 7,553,000 | MBNA Credit Card Master Note Trust, 5.600%, 07/17/14 | 11,420,093 | 2.3 | ||||||||||||||||
527,000 | S | MBNA Credit Card Master Note Trust, 0.639%–1.569%, 10/15/14–07/15/15 | 523,510 | 0.1 | |||||||||||||||
1,335,000 | Other Securities | 1,491,133 | 0.2 | ||||||||||||||||
21,880,464 | 4.1 | ||||||||||||||||||
Total Asset-Backed Securities | |||||||||||||||||||
(Cost $27,251,078) | 28,128,783 | 5.3 |
ING GLOBAL BOND FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Principal Amount† | | | | Value | | Percent of Net Assets | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
U.S. GOVERNMENT AGENCY OBLIGATIONS: 14.9% | ||||||||||||||||||
Federal Home Loan Mortgage Corporation: 5.2%## | ||||||||||||||||||
$7,610,000 | W | 4.000%, due 6/15/2041 | $7,537,469 | 1.4 | ||||||||||||||
3,934,000 | W | 4.500%, due 6/15/2038 | 4,028,046 | 0.8 | ||||||||||||||
2,013,084 | S | 5.000%, due 1/1/2041 | 2,127,133 | 0.4 | ||||||||||||||
1,880,621 | S | 5.500%, due 11/15/2032 | 2,045,427 | 0.4 | ||||||||||||||
6,498,000 | W | 5.500%, due 5/1/2037 | 6,983,323 | 1.3 | ||||||||||||||
2,401,000 | W | 6.000%, due 5/1/2037 | 2,621,969 | 0.5 | ||||||||||||||
1,948,000 | W | 5.000%–6.500%, due 03/15/38–06/01/39 | 2,147,087 | 0.4 | ||||||||||||||
27,490,454 | 5.2 | |||||||||||||||||
Federal National Mortgage Association: 7.8%## | ||||||||||||||||||
10,216,000 | W | 4.500%, due 6/1/2037 | 10,476,190 | 2.1 | ||||||||||||||
8,699,000 | W | 5.000%, due 6/1/2037 | 9,150,261 | 1.7 | ||||||||||||||
1,955,762 | S | 5.000%, due 1/1/2041 | 2,068,092 | 0.4 | ||||||||||||||
1,983,854 | S | 5.000%, due 2/1/2041 | 2,100,277 | 0.4 | ||||||||||||||
16,403,327 | W | 4.000%–7.294%, due 04/25/33–01/01/41 | 17,314,527 | 3.2 | ||||||||||||||
41,109,347 | 7.8 | |||||||||||||||||
Government National Mortgage Association: 1.9% | ||||||||||||||||||
3,453,000 | W | 4.000%, due 11/15/2040 | 3,485,911 | 0.7 | ||||||||||||||
1,885,267 | S | 5.500%, due 2/15/2041 | 2,055,151 | 0.4 | ||||||||||||||
3,905,326 | ˆˆ, W | 4.500%–5.500%, due 01/15/39–10/20/60 | 4,201,735 | 0.8 | ||||||||||||||
9,742,797 | 1.9 | |||||||||||||||||
Total U.S. Government Agency Obligations | ||||||||||||||||||
(Cost $77,778,812) | 78,342,598 | 14.9 |
# of Contracts | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
PURCHASED OPTIONS: 0.5% | |||||||||||||||||||
Options On Currencies: 0.5% | |||||||||||||||||||
26,100,000 | CHF vs. USD Currency Call Option 05/11, Strike @ 0.900, Exp. 05/25/11 Counterparty: Deutsche Bank AG | 29,709 | 0.0 | ||||||||||||||||
25,900,000 | JPY vs USD Currency Call Option 05/11, Strike @ 83.500, Exp. 05/19/11 Counterparty: Deutsche Bank AG | 41,054 | 0.0 | ||||||||||||||||
26,100,000 | JPY vs USD Currency Call Option 05/11, Strike @ 83.000, Exp. 05/23/11 Counterparty: Deutsche Bank AG | 75,068 | 0.0 | ||||||||||||||||
25,650,000 | JPY vs USD Currency Put Option 05/11, Strike @ 80.000, Exp. 05/06/11 Counterparty: Morgan Stanley | 41,493 | 0.0 | ||||||||||||||||
PURCHASED OPTIONS: (continued) | |||||||||||||||||||
Options On Currencies: (continued) | |||||||||||||||||||
25,800,000 | JPY vs USD Currency Put Option 05/11, Strike @ 84.500, Exp. 05/09/11 Counterparty: Morgan Stanley | $ | 1,078,085 | 0.2 | |||||||||||||||
51,300,000 | JPY vs USD Currency Put Option 05/11, Strike @ 83.500, Exp. 05/06/11 Counterparty: Morgan Stanley | 1,515,310 | 0.3 | ||||||||||||||||
55,600,000 | USD vs EUR Currency Call Option 05/11, Strike @ 1.410, Exp. 05/04/11 Counterparty: Morgan Stanley | 127 | 0.0 | ||||||||||||||||
26,200,000 | USD vs EUR Currency Call Option 05/11, Strike @ 1.440, Exp. 05/27/11 Counterparty: Deutsche Bank AG | 77,841 | 0.0 | ||||||||||||||||
2,858,687 | 0.5 | ||||||||||||||||||
Options on Exchange Traded Futures Contracts: 0.0% | |||||||||||||||||||
328 | U.S. Treasury 10-Year Note June Futures, Strike @ 119.000, Exp. 05/20/11 Counterparty: Put Option CBOT | 30,750 | 0.0 | ||||||||||||||||
Total Purchased Options | |||||||||||||||||||
(Cost $1,915,316) | 2,889,437 | 0.5 | |||||||||||||||||
Total Long-Term Investments | |||||||||||||||||||
(Cost $521,964,532) | 548,523,537 | 104.3 |
Principal Amount† | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHORT-TERM INVESTMENTS: 1.6% | |||||||||||||||||||
Commercial Paper: 1.1% | |||||||||||||||||||
$2,000,000 | United HealthCare, 0.250%, 05/02/11 | 1,999,972 | 0.4 | ||||||||||||||||
4,000,000 | Volkswagen Group of America, Inc, 0.300%, 05/03/11 | 3,999,900 | 0.7 | ||||||||||||||||
5,999,872 | 1.1 |
Shares | | | | Value | | Percent of Net Assets | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mutual Funds: 0.5% | ||||||||||||||||||
2,497,000 | BlackRock Liquidity Funds,TempFund, Institutional Class (Cost $2,497,000) | 2,497,000 | 0.5 | |||||||||||||||
Total Short-Term Investments | ||||||||||||||||||
(Cost $8,496,872) | 8,496,872 | 1.6 |
ING GLOBAL BOND FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Shares | | | | Value | | Percent of Net Assets | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mutual Funds: (continued) | ||||||||||||||||||
Total Investments in Securities (Cost $530,461,404)* | $ | 557,020,409 | 105.9 | |||||||||||||||
Liabilities in Excess of Other Assets | (31,027,425 | ) | (5.9 | ) | ||||||||||||||
Net Assets | $ | 525,992,984 | 100.0 |
† | Unless otherwise indicated, principal amount is shown in USD. |
# | Securities with purchases pursuant to Rule 144A or section 4(2), under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers. |
## | On September 7, 2008, the Federal Housing Finance Agency placed the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation into conservatorship and the U.S. Treasury guaranteed the debt issued by those organizations. |
+ | Step-up basis bonds. Interest rates shown reflect current and next coupon rates. |
W | Settlement is on a when-issued or delayed-delivery basis. |
S | All or a portion of this security has been identified by the Fund to cover future collateral requirements for applicable futures, options, swaps, foreign currency contracts and/or when-issued or delayed-delivery securities. |
ˆˆ | Principal only securities represent the right to receive the monthly principal payments on an underlying pool of mortgage loans. No payments of interest on the pool are passed through the principal only security. |
ARS | Argentine Peso |
BRL | Brazilian Real |
CAD | Canadian Dollar |
EUR | EU Euro |
JPY | Japanese Yen |
KRW | South Korean Won |
MXN | Mexican Peso |
UYU | Uruguayan Peso Uruguayo |
ZAR | South African Rand |
* | Cost for federal income tax purposes is $530,655,415. |
Net unrealized appreciation consists of: | ||||||
Gross Unrealized Appreciation | $ | 29,988,903 | ||||
Gross Unrealized Depreciation | (2,000,646 | ) | ||||
Net Unrealized appreciation | $ | 27,988,257 |
Industry | Percentage of Net Assets | |||||
---|---|---|---|---|---|---|
Automobile Asset-Backed Securities | 1.2 | % | ||||
Collateralized Mortgage Obligations | 13.0 | |||||
Consumer Discretionary | 4.6 | |||||
Consumer Staples | 2.2 | |||||
Credit Card Asset-Backed Securities | 4.2 | |||||
Energy | 3.3 | |||||
Federal Home Loan Mortgage Corporation | 5.2 | |||||
Federal National Mortgage Association | 7.8 | |||||
Financials | 8.6 | |||||
Foreign Government Bonds | 31.6 | |||||
Government National Mortgage Association | 1.9 | |||||
Health Care | 0.9 | |||||
Industrials | 1.8 | |||||
Information Technology | 0.6 | |||||
Materials | 1.4 | |||||
Municipal | 0.2 | |||||
Options On Currencies | 0.5 | |||||
Options on Exchange Traded Futures Contracts | 0.0 | |||||
Real Estate | 0.2 | |||||
Semiconductors | 0.1 | |||||
Software | 0.2 | |||||
Telecommunications | 2.2 | |||||
Transportation | 0.3 | |||||
Treasury Inflation Indexed Protected Securities | 1.9 | |||||
U.S. Treasury Bonds | 4.3 | |||||
U.S. Treasury Notes | 4.4 | |||||
Utilities | 1.7 | |||||
Short-Term Investments | 1.6 | |||||
Other Assets and Liabilities — Net | (5.9 | ) | ||||
Net Assets | 100.0 | % |
ING GLOBAL BOND FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Quoted Prices in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at 4/30/2011 | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset Table | ||||||||||||||||||
Investments, at value | ||||||||||||||||||
Purchased Options | $ | 30,750 | $ | 2,858,687 | $ | — | $ | 2,889,437 | ||||||||||
Corporate Bonds/Notes | — | 147,924,863 | — | 147,924,863 | ||||||||||||||
Collateralized Mortgage Obligations | — | 68,358,973 | — | 68,358,973 | ||||||||||||||
Municipal Bonds | — | 991,567 | — | 991,567 | ||||||||||||||
Other Bonds | — | 165,857,390 | — | 165,857,390 | ||||||||||||||
Short-Term Investments | 2,497,000 | 5,999,872 | — | 8,496,872 | ||||||||||||||
U.S. Government Agency Obligations | — | 77,507,334 | 835,264 | 78,342,598 | ||||||||||||||
U.S. Treasury Obligations | — | 56,029,926 | — | 56,029,926 | ||||||||||||||
Asset-Backed Securities | — | 28,128,783 | — | 28,128,783 | ||||||||||||||
Total Investments, at value | $ | 2,527,750 | $ | 553,657,395 | $ | 835,264 | $ | 557,020,409 | ||||||||||
Other Financial Instruments+ | ||||||||||||||||||
Swaps | — | 167,043 | 283,882 | 450,925 | ||||||||||||||
Futures | 2,066,930 | — | — | 2,066,930 | ||||||||||||||
Forward Foreign Currency Contracts | — | 23,145,523 | — | 23,145,523 | ||||||||||||||
Total Assets | $ | 4,594,680 | $ | 576,969,961 | $ | 1,119,146 | $ | 582,683,787 | ||||||||||
Liabilities Table | ||||||||||||||||||
Other Financial Instruments+ | ||||||||||||||||||
Swaps | $ | — | $ | (2,516,676 | ) | $ | — | $ | (2,516,676 | ) | ||||||||
Written OTC Call Options | — | (2,533,643 | ) | — | (2,533,643 | ) | ||||||||||||
Futures | (757,838 | ) | — | — | (757,838 | ) | ||||||||||||
Written Options | (5,127 | ) | — | — | (5,127 | ) | ||||||||||||
Forward Foreign Currency Contracts | — | (20,096,078 | ) | — | (20,096,078 | ) | ||||||||||||
Total Liabilities | $ | (762,965 | ) | $ | (25,146,397 | ) | $ | — | $ | (25,909,362 | ) | |||||||
ˆ | See Note 2, “Significant Accounting Policies” in the Notes to Financial Statements for additional information. |
+ | Other Financial Instruments are derivatives not reflected in the Portfolio of Investments and may include open forward foreign currency contracts, futures, swaps, and written options. Forward foreign currency contracts and futures are valued at the unrealized gain (loss) on the instrument. Swaps and written options are valued at the fair value of the instrument. |
Beginning Balance 10/31/2010 | Purchases | Sales | Accrued Discounts/ (Premiums) | Total Realized Gain/(Loss) | Total Unrealized Appreciation/ (Depreciation) | Transfers Into Level 3 | Transfers Out of Level 3 | Ending Balance 4/30/2011 | ||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset Table | ||||||||||||||||||||||||||||||||||||||
Investments, at value | ||||||||||||||||||||||||||||||||||||||
U.S. Government Agency Obligations | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | 835,264 | $ | — | $ | 835,264 | ||||||||||||||||||||
Total Investments, at value | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | 835,264 | $ | — | $ | 835,264 | ||||||||||||||||||||
Other Financial Instruments+: | ||||||||||||||||||||||||||||||||||||||
Swaps | (7,345 | ) | — | — | — | — | 291,227 | — | — | 283,882 | ||||||||||||||||||||||||||||
Total Assets | $ | (7,345 | ) | $ | — | $ | — | $ | — | $ | — | $ | 291,227 | $ | — | $ | — | $ | 283,882 |
ING GLOBAL BOND FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Counterparty | Currency | Contract Amount | Buy/Sell | Settlement Date | In Exchange For | Fair Value | Unrealized Appreciation (Depreciation) | |||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Citigroup, Inc. | Swedish Krona | 19,389,271 | Buy | 05/09/11 | $ | 3,174,000 | $ | 3,207,279 | $ | 33,279 | ||||||||||||||||||||
Citigroup, Inc. | Norwegian Krone | 18,032,184 | Buy | 05/09/11 | 3,364,000 | 3,435,103 | 71,103 | |||||||||||||||||||||||
Citigroup, Inc. | Norwegian Krone | 36,204,472 | Buy | 05/09/11 | 6,675,000 | 6,896,896 | 221,896 | |||||||||||||||||||||||
Citigroup, Inc. | Philippine Peso | 448,995,305 | Buy | 05/09/11 | 10,373,000 | 10,482,957 | 109,957 | |||||||||||||||||||||||
Citigroup, Inc. | South African Rand | 52,831,699 | Buy | 05/24/11 | 7,728,000 | 8,018,193 | 290,193 | |||||||||||||||||||||||
Citigroup, Inc. | Norwegian Krone | 35,084,257 | Buy | 05/09/11 | 6,409,000 | 6,683,497 | 274,497 | |||||||||||||||||||||||
Citigroup, Inc. | Norwegian Krone | 4,270,082 | Buy | 05/09/11 | 772,000 | 813,444 | 41,444 | |||||||||||||||||||||||
Citigroup, Inc. | EU Euro | 46,745,780 | Buy | 05/24/11 | 66,498,023 | 69,190,078 | 2,692,055 | |||||||||||||||||||||||
Citigroup, Inc. | Japanese Yen | 3,479,339,602 | Buy | 05/24/11 | 41,451,601 | 42,898,395 | 1,446,794 | |||||||||||||||||||||||
Credit Suisse First Boston | Swiss Franc | 2,497,024 | Buy | 05/09/11 | 2,861,000 | 2,886,893 | 25,893 | |||||||||||||||||||||||
Credit Suisse First Boston | British Pound | 7,893,753 | Buy | 05/09/11 | 13,110,000 | 13,183,677 | 73,677 | |||||||||||||||||||||||
Credit Suisse First Boston | Swiss Franc | 2,339,164 | Buy | 05/09/11 | 2,665,000 | 2,704,386 | 39,386 | |||||||||||||||||||||||
Credit Suisse First Boston | Swiss Franc | 11,542,938 | Buy | 05/09/11 | 13,130,000 | 13,345,177 | 215,177 | |||||||||||||||||||||||
Credit Suisse First Boston | Japanese Yen | 1,074,080,993 | Buy | 05/24/11 | 13,069,000 | 13,242,844 | 173,844 | |||||||||||||||||||||||
Credit Suisse First Boston | EU Euro | 8,222,714 | Buy | 05/24/11 | 12,003,000 | 12,170,729 | 167,729 | |||||||||||||||||||||||
Credit Suisse First Boston | Japanese Yen | 1,270,763,040 | Buy | 05/24/11 | 15,543,000 | 15,667,828 | 124,828 | |||||||||||||||||||||||
Credit Suisse First Boston | Japanese Yen | 211,824,797 | Buy | 05/24/11 | 2,570,000 | 2,611,686 | 41,686 | |||||||||||||||||||||||
Credit Suisse First Boston | Swedish Krona | 5,608,420 | Buy | 05/09/11 | 902,000 | 927,718 | 25,718 | |||||||||||||||||||||||
Credit Suisse First Boston | Norwegian Krone | 35,082,174 | Buy | 05/09/11 | 6,409,000 | 6,683,100 | 274,100 | |||||||||||||||||||||||
Credit Suisse First Boston | Norwegian Krone | 31,533,842 | Buy | 05/09/11 | 5,731,000 | 6,007,148 | 276,148 | |||||||||||||||||||||||
Credit Suisse First Boston | British Pound | 3,569,362 | Buy | 05/09/11 | 5,737,000 | 5,961,337 | 224,337 | |||||||||||||||||||||||
Credit Suisse First Boston | British Pound | 3,652,606 | Buy | 05/09/11 | 5,837,000 | 6,100,366 | 263,366 | |||||||||||||||||||||||
Credit Suisse First Boston | Japanese Yen | 24,065,381 | Buy | 05/24/11 | 287,000 | 296,713 | 9,713 | |||||||||||||||||||||||
Credit Suisse First Boston | Australian Dollar | 4,942,245 | Buy | 05/24/11 | 5,166,000 | 5,400,323 | 234,323 | |||||||||||||||||||||||
Credit Suisse First Boston | Canadian Dollar | 7,801,733 | Buy | 05/20/11 | 8,065,816 | 8,241,936 | 176,120 | |||||||||||||||||||||||
Credit Suisse First Boston | British Pound | 7,896,848 | Buy | 05/09/11 | 12,789,000 | 13,188,846 | 399,846 | |||||||||||||||||||||||
Credit Suisse First Boston | British Pound | 4,152,310 | Buy | 05/09/11 | 6,686,000 | 6,934,942 | 248,942 | |||||||||||||||||||||||
Credit Suisse First Boston | Japanese Yen | 1,092,137,421 | Buy | 05/24/11 | 12,907,000 | 13,465,470 | 558,470 | |||||||||||||||||||||||
Credit Suisse First Boston | Danish Krone | 6,953,272 | Buy | 05/09/11 | 1,323,188 | 1,380,683 | 57,495 | |||||||||||||||||||||||
Credit Suisse First Boston | Swedish Krona | 98,696,740 | Buy | 05/09/11 | 15,706,345 | 16,325,936 | 619,591 | |||||||||||||||||||||||
Deutsche Bank AG | Norwegian Krone | 17,265,296 | Buy | 05/09/11 | 3,222,000 | 3,289,012 | 67,012 | |||||||||||||||||||||||
Deutsche Bank AG | Norwegian Krone | 17,261,865 | Buy | 05/09/11 | 3,222,000 | 3,288,359 | 66,359 | |||||||||||||||||||||||
Deutsche Bank AG | Swedish Krona | 20,908,781 | Buy | 05/09/11 | 3,359,000 | 3,458,629 | 99,629 | |||||||||||||||||||||||
Deutsche Bank AG | Hungarian Forint | 869,881,800 | Buy | 05/24/11 | 4,794,058 | 4,863,848 | 69,790 | |||||||||||||||||||||||
Deutsche Bank AG | Japanese Yen | 576,046,166 | Buy | 05/24/11 | 7,059,000 | 7,102,341 | 43,341 | |||||||||||||||||||||||
Deutsche Bank AG | New Zealand Dollar | 12,946,961 | Buy | 05/24/11 | 10,403,000 | 10,459,950 | 56,950 | |||||||||||||||||||||||
Deutsche Bank AG | Japanese Yen | 681,769,847 | Buy | 05/24/11 | 8,337,000 | 8,405,857 | 68,857 | |||||||||||||||||||||||
Deutsche Bank AG | Australian Dollar | 3,252,282 | Buy | 05/24/11 | 3,409,000 | 3,553,724 | 144,724 | |||||||||||||||||||||||
Deutsche Bank AG | Japanese Yen | 2,148,648,692 | Buy | 05/24/11 | 26,003,000 | 26,491,689 | 488,689 | |||||||||||||||||||||||
Deutsche Bank AG | Brazilian Real | 21,046,560 | Buy | 09/23/11 | 13,040,000 | 13,097,767 | 57,767 | |||||||||||||||||||||||
Deutsche Bank AG | Norwegian Krone | 17,766,071 | Buy | 05/09/11 | 3,301,000 | 3,384,409 | 83,409 | |||||||||||||||||||||||
Deutsche Bank AG | Swiss Franc | 2,528,814 | Buy | 05/09/11 | 2,835,000 | 2,923,647 | 88,647 | |||||||||||||||||||||||
Deutsche Bank AG | Canadian Dollar | 4,411,701 | Buy | 05/20/11 | 4,584,000 | 4,660,626 | 76,626 | |||||||||||||||||||||||
Deutsche Bank AG | Swiss Franc | 7,222,011 | Buy | 05/09/11 | 7,828,000 | 8,349,609 | 521,609 | |||||||||||||||||||||||
Deutsche Bank AG | Swedish Krona | 80,587,354 | Buy | 05/09/11 | 12,704,000 | 13,330,369 | 626,369 | |||||||||||||||||||||||
Deutsche Bank AG | New Zealand Dollar | 2,744,630 | Buy | 05/24/11 | 2,188,000 | 2,217,408 | 29,408 | |||||||||||||||||||||||
Deutsche Bank AG | Australian Dollar | 8,055,857 | Buy | 05/24/11 | 8,448,000 | 8,802,524 | 354,524 | |||||||||||||||||||||||
Deutsche Bank AG | New Zealand Dollar | 2,312,134 | Buy | 05/24/11 | 1,829,000 | 1,867,991 | 38,991 | |||||||||||||||||||||||
Deutsche Bank AG | Australian Dollar | 2,717,116 | Buy | 05/24/11 | 2,838,000 | 2,968,955 | 130,955 | |||||||||||||||||||||||
Deutsche Bank AG | New Zealand Dollar | 2,244,268 | Buy | 05/24/11 | 1,753,000 | 1,813,161 | �� | 60,161 | ||||||||||||||||||||||
Deutsche Bank AG | Australian Dollar | 2,800,894 | Buy | 05/24/11 | 2,911,000 | 3,060,498 | 149,498 | |||||||||||||||||||||||
Deutsche Bank AG | Norwegian Krone | 15,311,635 | Buy | 05/09/11 | 2,733,000 | 2,916,843 | 183,843 | |||||||||||||||||||||||
Deutsche Bank AG | Norwegian Krone | 15,227,465 | Buy | 05/09/11 | 2,711,000 | 2,900,808 | 189,808 | |||||||||||||||||||||||
Deutsche Bank AG | Brazilian Real | 8,116,047 | Buy | 05/09/11 | 4,857,000 | 5,156,486 | 299,486 | |||||||||||||||||||||||
Deutsche Bank AG | Japanese Yen | 374,195,716 | Buy | 05/24/11 | 4,411,000 | 4,613,633 | 202,633 | |||||||||||||||||||||||
HSBC | Chilean Peso | 2,328,364,290 | Buy | 05/09/11 | 5,019,000 | 5,051,198 | 32,198 | |||||||||||||||||||||||
HSBC | Philippine Peso | 446,909,590 | Buy | 05/09/11 | 10,349,921 | 10,434,261 | 84,340 | |||||||||||||||||||||||
HSBC | Czech Koruna | 134,034,509 | Buy | 05/24/11 | 7,968,000 | 8,208,813 | 240,813 | |||||||||||||||||||||||
HSBC | Mexican Peso | 94,277,610 | Buy | 05/24/11 | 7,966,000 | 8,171,559 | 205,559 | |||||||||||||||||||||||
HSBC | Colombian Peso | 18,420,240,000 | Buy | 05/24/11 | 10,011,000 | 10,414,564 | 403,564 | |||||||||||||||||||||||
HSBC | Indian Rupee | 447,792,030 | Buy | 05/24/11 | 10,011,000 | 10,078,882 | 67,882 | |||||||||||||||||||||||
JPMorgan Chase & Co. | British Pound | 1,152,024 | Buy | 05/09/11 | 1,898,000 | 1,924,042 | 26,042 |
ING GLOBAL BOND FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Counterparty | Currency | Contract Amount | Buy/Sell | Settlement Date | In Exchange For | Fair Value | Unrealized Appreciation (Depreciation) | |||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPMorgan Chase & Co. | Japanese Yen | 1,063,969,507 | Buy | 05/24/11 | $ | 13,069,000 | $ | 13,118,175 | $ | 49,175 | ||||||||||||||||||||
JPMorgan Chase & Co. | EU Euro | 8,508,684 | Buy | 05/24/11 | 12,433,000 | 12,594,004 | 161,004 | |||||||||||||||||||||||
JPMorgan Chase & Co. | Canadian Dollar | 3,496,016 | Buy | 05/20/11 | 3,654,000 | 3,693,274 | 39,274 | |||||||||||||||||||||||
JPMorgan Chase & Co. | Japanese Yen | 346,740,878 | Buy | 05/24/11 | 4,201,000 | 4,275,130 | 74,130 | |||||||||||||||||||||||
JPMorgan Chase & Co. | Mexican Peso | 91,250,543 | Buy | 05/24/11 | 7,693,000 | 7,909,186 | 216,186 | |||||||||||||||||||||||
JPMorgan Chase & Co. | New Zealand Dollar | 1,523,119 | Buy | 05/24/11 | 1,165,000 | 1,230,539 | 65,539 | |||||||||||||||||||||||
JPMorgan Chase & Co. | British Pound | 4,586,626 | Buy | 05/09/11 | 7,497,000 | 7,660,310 | 163,310 | |||||||||||||||||||||||
JPMorgan Chase & Co. | Japanese Yen | 16,021,709 | Buy | 05/24/11 | 192,000 | 197,539 | 5,539 | |||||||||||||||||||||||
JPMorgan Chase & Co. | Norwegian Krone | 20,274,547 | Buy | 05/09/11 | 3,610,000 | 3,862,270 | 252,270 | |||||||||||||||||||||||
JPMorgan Chase & Co. | New Zealand Dollar | 3,140,820 | Buy | 05/24/11 | 2,468,000 | 2,537,493 | 69,493 | |||||||||||||||||||||||
JPMorgan Chase & Co. | EU Euro | 12,558,228 | Buy | 05/24/11 | 18,149,000 | 18,587,876 | 438,876 | |||||||||||||||||||||||
JPMorgan Chase & Co. | British Pound | 2,789,047 | Buy | 05/09/11 | 4,461,000 | 4,658,101 | 197,101 | |||||||||||||||||||||||
JPMorgan Chase & Co. | Australian Dollar | 3,849,738 | Buy | 05/24/11 | 4,028,000 | 4,206,556 | 178,556 | |||||||||||||||||||||||
JPMorgan Chase & Co. | New Zealand Dollar | 2,177,167 | Buy | 05/24/11 | 1,696,000 | 1,758,950 | 62,950 | |||||||||||||||||||||||
JPMorgan Chase & Co. | Australian Dollar | 3,838,627 | Buy | 05/24/11 | 4,027,000 | 4,194,415 | 167,415 | |||||||||||||||||||||||
JPMorgan Chase & Co. | Norwegian Krone | 22,855,273 | Buy | 05/09/11 | 4,111,000 | 4,353,894 | 242,894 | |||||||||||||||||||||||
JPMorgan Chase & Co. | EU Euro | 10,008,733 | Buy | 05/24/11 | 14,291,000 | 14,814,279 | 523,279 | |||||||||||||||||||||||
JPMorgan Chase & Co. | Japanese Yen | 1,094,424,542 | Buy | 05/24/11 | 12,907,000 | 13,493,669 | 586,669 | |||||||||||||||||||||||
JPMorgan Chase & Co. | Japanese Yen | 1,096,984,000 | Buy | 05/24/11 | 12,907,000 | 13,525,226 | 618,226 | |||||||||||||||||||||||
JPMorgan Chase & Co. | Japanese Yen | 851,164,634 | Buy | 05/24/11 | 9,973,000 | 10,494,405 | 521,405 | |||||||||||||||||||||||
JPMorgan Chase & Co. | Norwegian Krone | 48,920,934 | Buy | 05/09/11 | 8,789,661 | 9,319,362 | 529,701 | |||||||||||||||||||||||
Morgan Stanley | South Korean Won | 4,073,130,900 | Buy | 05/09/11 | 3,753,000 | 3,798,467 | 45,467 | |||||||||||||||||||||||
Morgan Stanley | South Korean Won | 5,199,066,000 | Buy | 05/09/11 | 4,790,000 | 4,848,477 | 58,477 | |||||||||||||||||||||||
Morgan Stanley | Australian Dollar | 9,564,786 | Buy | 05/24/11 | 10,255,000 | 10,451,310 | 196,310 | |||||||||||||||||||||||
Morgan Stanley | New Zealand Dollar | 2,298,982 | Buy | 05/24/11 | 1,847,000 | 1,857,365 | 10,365 | |||||||||||||||||||||||
Morgan Stanley | Mexican Peso | 66,016,200 | Buy | 05/24/11 | 5,640,000 | 5,721,987 | 81,987 | |||||||||||||||||||||||
Morgan Stanley | Chilean Peso | 2,425,440,000 | Buy | 08/12/11 | 5,216,000 | 5,201,359 | (14,641 | ) | ||||||||||||||||||||||
Morgan Stanley | South Korean Won | 2,367,486,000 | Buy | 05/09/11 | 2,178,000 | 2,207,839 | 29,839 | |||||||||||||||||||||||
Morgan Stanley | South Korean Won | 6,096,222,000 | Buy | 05/09/11 | 5,598,000 | 5,685,135 | 87,135 | |||||||||||||||||||||||
Morgan Stanley | South Korean Won | 3,704,088,800 | Buy | 05/09/11 | 3,397,000 | 3,454,311 | 57,311 | |||||||||||||||||||||||
Morgan Stanley | South Korean Won | 3,559,941,000 | Buy | 05/09/11 | 3,269,000 | 3,319,884 | 50,884 | |||||||||||||||||||||||
Morgan Stanley | Norwegian Krone | 70,553,480 | Buy | 05/09/11 | 12,743,000 | 13,440,329 | 697,329 | |||||||||||||||||||||||
Morgan Stanley | Australian Dollar | 12,425,405 | Buy | 05/24/11 | 12,928,000 | 13,577,069 | 649,069 | |||||||||||||||||||||||
Morgan Stanley | British Pound | 3,651,383 | Buy | 05/09/11 | 5,849,000 | 6,098,322 | 249,322 | |||||||||||||||||||||||
Morgan Stanley | South Korean Won | 2,718,344,200 | Buy | 05/09/11 | 2,431,000 | 2,535,038 | 104,038 | |||||||||||||||||||||||
Morgan Stanley | Australian Dollar | 885,062 | Buy | 05/24/11 | 918,000 | 967,096 | 49,096 | |||||||||||||||||||||||
Morgan Stanley | British Pound | 7,431,441 | Buy | 05/09/11 | 12,099,590 | 12,411,552 | 311,962 | |||||||||||||||||||||||
Morgan Stanley | South Korean Won | 3,141,590,400 | Buy | 05/09/11 | 2,797,000 | 2,929,744 | 132,744 | |||||||||||||||||||||||
Morgan Stanley | Singapore Dollar | 14,396,363 | Buy | 05/09/11 | 11,373,961 | 11,761,197 | 387,236 | |||||||||||||||||||||||
Morgan Stanley | Indonesian Rupiah | 88,883,768,000 | Buy | 05/24/11 | 10,238,886 | 10,333,005 | 94,119 | |||||||||||||||||||||||
$ | 23,112,131 | |||||||||||||||||||||||||||||
Citigroup, Inc. | Swedish Krona | 20,448,230 | Sell | 05/09/11 | $ | 3,240,000 | $ | 3,382,447 | $ | (142,447 | ) | |||||||||||||||||||
Citigroup, Inc. | Norwegian Krone | 69,347,291 | Sell | 05/09/11 | 12,681,000 | 13,210,551 | (529,551 | ) | ||||||||||||||||||||||
Citigroup, Inc. | Norwegian Krone | 22,565,952 | Sell | 05/09/11 | 4,145,000 | 4,298,779 | (153,779 | ) | ||||||||||||||||||||||
Citigroup, Inc. | Norwegian Krone | 21,580,137 | Sell | 05/09/11 | 3,946,000 | 4,110,983 | (164,983 | ) | ||||||||||||||||||||||
Citigroup, Inc. | Swedish Krona | 80,117,115 | Sell | 05/09/11 | 12,704,000 | 13,252,584 | (548,584 | ) | ||||||||||||||||||||||
Citigroup, Inc. | Swedish Krona | 9,403,924 | Sell | 05/09/11 | 1,484,000 | 1,555,551 | (71,551 | ) | ||||||||||||||||||||||
Citigroup, Inc. | South Korean Won | 11,706,549,470 | Sell | 05/09/11 | 10,411,374 | 10,917,141 | (505,767 | ) | ||||||||||||||||||||||
Citigroup, Inc. | South African Rand | 43,287,256 | Sell | 05/24/11 | 6,419,870 | 6,569,647 | (149,777 | ) | ||||||||||||||||||||||
Citigroup, Inc. | New Zealand Dollar | 2,149,711 | Sell | 05/24/11 | 1,644,194 | 1,736,769 | (92,575 | ) | ||||||||||||||||||||||
Credit Suisse First Boston | British Pound | 7,838,842 | Sell | 05/09/11 | 13,040,000 | 13,091,969 | (51,969 | ) | ||||||||||||||||||||||
Credit Suisse First Boston | British Pound | 2,270,755 | Sell | 05/09/11 | 3,747,000 | 3,792,480 | (45,480 | ) | ||||||||||||||||||||||
Credit Suisse First Boston | British Pound | 1,717,570 | Sell | 05/09/11 | 2,815,000 | 2,868,584 | (53,584 | ) | ||||||||||||||||||||||
Credit Suisse First Boston | Japanese Yen | 1,075,181,402 | Sell | 05/24/11 | 13,069,000 | 13,256,411 | (187,411 | ) | ||||||||||||||||||||||
Credit Suisse First Boston | Norwegian Krone | 21,452,079 | Sell | 05/09/11 | 3,916,000 | 4,086,588 | (170,588 | ) | ||||||||||||||||||||||
Credit Suisse First Boston | Japanese Yen | 1,284,798,369 | Sell | 05/24/11 | 15,543,000 | 15,840,877 | (297,877 | ) | ||||||||||||||||||||||
Credit Suisse First Boston | Norwegian Krone | 70,417,332 | Sell | 05/09/11 | 12,704,000 | 13,414,394 | (710,394 | ) | ||||||||||||||||||||||
Credit Suisse First Boston | Canadian Dollar | 4,804,264 | Sell | 05/20/11 | 5,013,000 | 5,075,338 | (62,338 | ) | ||||||||||||||||||||||
Credit Suisse First Boston | EU Euro | 5,624,794 | Sell | 05/24/11 | 8,113,000 | 8,325,456 | (212,456 | ) | ||||||||||||||||||||||
Credit Suisse First Boston | Japanese Yen | 112,255,575 | Sell | 05/24/11 | 1,327,000 | 1,384,051 | (57,051 | ) | ||||||||||||||||||||||
Credit Suisse First Boston | Swedish Krona | 18,145,336 | Sell | 05/09/11 | 2,856,000 | 3,001,513 | (145,513 | ) | ||||||||||||||||||||||
Credit Suisse First Boston | British Pound | 7,884,447 | Sell | 05/09/11 | 12,796,000 | 13,168,135 | (372,135 | ) | ||||||||||||||||||||||
Credit Suisse First Boston | Swiss Franc | 3,965,804 | Sell | 05/09/11 | 4,391,717 | 4,584,999 | (193,282 | ) |
ING GLOBAL BOND FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Counterparty | Currency | Contract Amount | Buy/Sell | Settlement Date | In Exchange For | Fair Value | Unrealized Appreciation (Depreciation) | |||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Deutsche Bank AG | Brazilian Real | 20,655,360 | Sell | 05/09/11 | $ | 13,040,000 | $ | 13,123,270 | $ | (83,270 | ) | |||||||||||||||||||
Deutsche Bank AG | Norwegian Krone | 17,053,106 | Sell | 05/09/11 | 3,202,000 | 3,248,590 | (46,590 | ) | ||||||||||||||||||||||
Deutsche Bank AG | South Korean Won | 5,680,611,000 | Sell | 05/09/11 | 5,238,000 | 5,297,550 | (59,550 | ) | ||||||||||||||||||||||
Deutsche Bank AG | Swedish Krona | 11,807,942 | Sell | 05/09/11 | 1,932,000 | 1,953,212 | (21,212 | ) | ||||||||||||||||||||||
Deutsche Bank AG | Swedish Krona | 52,942,271 | Sell | 05/09/11 | 8,676,000 | 8,757,453 | (81,453 | ) | ||||||||||||||||||||||
Deutsche Bank AG | Swedish Krona | 19,358,245 | Sell | 05/09/11 | 3,174,000 | 3,202,147 | (28,147 | ) | ||||||||||||||||||||||
Deutsche Bank AG | Swiss Franc | 15,155,230 | Sell | 05/09/11 | 16,832,000 | 17,521,469 | (689,469 | ) | ||||||||||||||||||||||
Deutsche Bank AG | Canadian Dollar | 3,169,531 | Sell | 05/20/11 | 3,330,000 | 3,348,367 | (18,367 | ) | ||||||||||||||||||||||
Deutsche Bank AG | New Zealand Dollar | 5,081,580 | Sell | 05/24/11 | 4,056,000 | 4,105,447 | (49,447 | ) | ||||||||||||||||||||||
Deutsche Bank AG | Australian Dollar | 14,072,382 | Sell | 05/24/11 | 15,023,000 | 15,376,699 | (353,699 | ) | ||||||||||||||||||||||
Deutsche Bank AG | Australian Dollar | 9,585,029 | Sell | 05/24/11 | 10,262,000 | 10,473,429 | (211,429 | ) | ||||||||||||||||||||||
Deutsche Bank AG | New Zealand Dollar | 16,306,767 | Sell | 05/24/11 | 12,966,000 | 13,174,363 | (208,363 | ) | ||||||||||||||||||||||
Deutsche Bank AG | Australian Dollar | 2,899,936 | Sell | 05/24/11 | 3,082,000 | 3,168,720 | (86,720 | ) | ||||||||||||||||||||||
Deutsche Bank AG | New Zealand Dollar | 2,886,431 | Sell | 05/24/11 | 2,269,000 | 2,331,970 | (62,970 | ) | ||||||||||||||||||||||
Deutsche Bank AG | Hungarian Forint | 869,881,800 | Sell | 05/24/11 | 4,668,000 | 4,863,848 | (195,848 | ) | ||||||||||||||||||||||
Deutsche Bank AG | Australian Dollar | 12,545,578 | Sell | 05/24/11 | 13,085,000 | 13,708,380 | (623,380 | ) | ||||||||||||||||||||||
Deutsche Bank AG | Japanese Yen | 1,085,610,506 | Sell | 05/24/11 | 12,829,000 | 13,384,997 | (555,997 | ) | ||||||||||||||||||||||
Deutsche Bank AG | Japanese Yen | 2,181,707,375 | Sell | 05/24/11 | 25,750,000 | 26,899,286 | (1,149,286 | ) | ||||||||||||||||||||||
Deutsche Bank AG | Norwegian Krone | 42,134,131 | Sell | 05/09/11 | 7,781,000 | 8,026,487 | (245,487 | ) | ||||||||||||||||||||||
Deutsche Bank AG | Peruvian Nuevo Sol | 5,499,975 | Sell | 05/09/11 | 1,950,000 | 1,943,926 | 6,074 | |||||||||||||||||||||||
Deutsche Bank AG | Japanese Yen | 54,259,598 | Sell | 05/24/11 | 653,000 | 668,992 | (15,992 | ) | ||||||||||||||||||||||
Deutsche Bank AG | EU Euro | 4,942,450 | Sell | 05/24/11 | 7,153,000 | 7,315,494 | (162,494 | ) | ||||||||||||||||||||||
Deutsche Bank AG | Peruvian Nuevo Sol | 23,489,875 | Sell | 05/09/11 | 8,315,000 | 8,302,323 | 12,677 | |||||||||||||||||||||||
Deutsche Bank AG | New Zealand Dollar | 16,507,562 | Sell | 05/24/11 | 12,893,000 | 13,336,586 | (443,586 | ) | ||||||||||||||||||||||
Deutsche Bank AG | Mexican Peso | 93,301,063 | Sell | 05/24/11 | 7,849,000 | 8,086,916 | (237,916 | ) | ||||||||||||||||||||||
Deutsche Bank AG | Swedish Krona | 10,554,755 | Sell | 05/09/11 | 1,650,000 | 1,745,916 | (95,916 | ) | ||||||||||||||||||||||
Deutsche Bank AG | Norwegian Krone | 25,254,463 | Sell | 05/09/11 | 4,503,000 | 4,810,936 | (307,936 | ) | ||||||||||||||||||||||
Deutsche Bank AG | Australian Dollar | 2,664,122 | Sell | 05/24/11 | 2,764,000 | 2,911,050 | (147,050 | ) | ||||||||||||||||||||||
HSBC | Brazilian Real | 9,029,368 | Sell | 05/09/11 | 5,686,000 | 5,736,760 | (50,760 | ) | ||||||||||||||||||||||
HSBC | Czech Koruna | 85,803,582 | Sell | 05/24/11 | 5,083,000 | 5,254,957 | (171,957 | ) | ||||||||||||||||||||||
HSBC | South Korean Won | 3,879,057,600 | Sell | 05/09/11 | 3,564,000 | 3,617,481 | (53,481 | ) | ||||||||||||||||||||||
HSBC | Philippine Peso | 446,909,590 | Sell | 05/09/11 | 10,287,264 | 10,434,261 | (146,997 | ) | ||||||||||||||||||||||
JPMorgan Chase & Co. | British Pound | 7,946,031 | Sell | 05/09/11 | 13,072,000 | 13,270,989 | (198,989 | ) | ||||||||||||||||||||||
JPMorgan Chase & Co. | Swiss Franc | 850,084 | Sell | 05/09/11 | 969,000 | 982,811 | (13,811 | ) | ||||||||||||||||||||||
JPMorgan Chase & Co. | Swiss Franc | 552,214 | Sell | 05/09/11 | 627,000 | 638,433 | (11,433 | ) | ||||||||||||||||||||||
JPMorgan Chase & Co. | British Pound | 1,135,110 | Sell | 05/09/11 | 1,877,000 | 1,895,794 | (18,794 | ) | ||||||||||||||||||||||
JPMorgan Chase & Co. | Swiss Franc | 2,754,563 | Sell | 05/09/11 | 3,116,000 | 3,184,642 | (68,642 | ) | ||||||||||||||||||||||
JPMorgan Chase & Co. | Swiss Franc | 2,899,465 | Sell | 05/09/11 | 3,256,000 | 3,352,168 | (96,168 | ) | ||||||||||||||||||||||
JPMorgan Chase & Co. | British Pound | 3,604,044 | Sell | 05/09/11 | 5,883,000 | 6,019,260 | (136,260 | ) | ||||||||||||||||||||||
JPMorgan Chase & Co. | British Pound | 889,470 | Sell | 05/09/11 | 1,445,000 | 1,485,540 | (40,540 | ) | ||||||||||||||||||||||
JPMorgan Chase & Co. | Australian Dollar | 1,995,671 | Sell | 05/24/11 | 2,142,000 | 2,180,643 | (38,643 | ) | ||||||||||||||||||||||
JPMorgan Chase & Co. | Canadian Dollar | 3,478,700 | Sell | 05/20/11 | 3,599,000 | 3,674,981 | (75,981 | ) | ||||||||||||||||||||||
JPMorgan Chase & Co. | New Zealand Dollar | 2,199,107 | Sell | 05/24/11 | 1,760,000 | 1,776,675 | (16,675 | ) | ||||||||||||||||||||||
JPMorgan Chase & Co. | New Zealand Dollar | 2,929,654 | Sell | 05/24/11 | 2,325,000 | 2,366,890 | (41,890 | ) | ||||||||||||||||||||||
JPMorgan Chase & Co. | Japanese Yen | 405,159,791 | Sell | 05/24/11 | 4,914,000 | 4,995,403 | (81,403 | ) | ||||||||||||||||||||||
JPMorgan Chase & Co. | Mexican Peso | 70,890,355 | Sell | 05/24/11 | 6,018,000 | 6,144,457 | (126,457 | ) | ||||||||||||||||||||||
JPMorgan Chase & Co. | Japanese Yen | 1,070,394,470 | Sell | 05/24/11 | 12,953,000 | 13,197,391 | (244,391 | ) | ||||||||||||||||||||||
JPMorgan Chase & Co. | Norwegian Krone | 21,022,965 | Sell | 05/09/11 | 3,886,000 | 4,004,842 | (118,842 | ) | ||||||||||||||||||||||
JPMorgan Chase & Co. | British Pound | 2,281,300 | Sell | 05/09/11 | 3,676,000 | 3,810,092 | (134,092 | ) | ||||||||||||||||||||||
JPMorgan Chase & Co. | British Pound | 10,430,753 | Sell | 05/09/11 | 16,754,000 | 17,420,824 | (666,824 | ) | ||||||||||||||||||||||
JPMorgan Chase & Co. | Mexican Peso | 60,896,029 | Sell | 05/24/11 | 5,174,000 | 5,278,194 | (104,194 | ) | ||||||||||||||||||||||
JPMorgan Chase & Co. | Mexican Peso | 62,499,210 | Sell | 05/24/11 | 5,262,000 | 5,417,150 | (155,150 | ) | ||||||||||||||||||||||
JPMorgan Chase & Co. | EU Euro | 12,563,313 | Sell | 05/24/11 | 18,149,000 | 18,595,403 | (446,403 | ) | ||||||||||||||||||||||
JPMorgan Chase & Co. | Japanese Yen | 1,096,687,139 | Sell | 05/24/11 | 12,907,000 | 13,521,566 | (614,566 | ) | ||||||||||||||||||||||
JPMorgan Chase & Co. | Japanese Yen | 1,076,962,478 | Sell | 05/24/11 | 12,829,000 | 13,278,371 | (449,371 | ) | ||||||||||||||||||||||
JPMorgan Chase & Co. | Australian Dollar | 8,576,934 | Sell | 05/24/11 | 8,826,000 | 9,371,898 | (545,898 | ) | ||||||||||||||||||||||
Morgan Stanley | South Korean Won | 4,320,557,150 | Sell | 05/09/11 | 3,997,000 | 4,029,209 | (32,209 | ) | ||||||||||||||||||||||
Morgan Stanley | South Korean Won | 3,245,966,500 | Sell | 05/09/11 | 2,963,000 | 3,027,081 | (64,081 | ) | ||||||||||||||||||||||
Morgan Stanley | Indonesian Rupiah | 43,889,505,000 | Sell | 05/24/11 | 5,071,000 | 5,102,287 | (31,287 | ) | ||||||||||||||||||||||
Morgan Stanley | South Korean Won | 3,541,464,000 | Sell | 05/09/11 | 3,232,000 | 3,302,652 | (70,652 | ) | ||||||||||||||||||||||
Morgan Stanley | Brazilian Real | 8,669,232 | Sell | 05/09/11 | 5,473,000 | 5,507,949 | (34,949 | ) | ||||||||||||||||||||||
Morgan Stanley | South Korean Won | 1,996,896,000 | Sell | 05/09/11 | 1,830,000 | 1,862,239 | (32,239 | ) | ||||||||||||||||||||||
Morgan Stanley | South Korean Won | 3,269,700,000 | Sell | 05/09/11 | 3,000,000 | 3,049,214 | (49,214 | ) |
ING GLOBAL BOND FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Counterparty | Currency | Contract Amount | Buy/Sell | Settlement Date | In Exchange For | Fair Value | Unrealized Appreciation (Depreciation) | |||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Morgan Stanley | South Korean Won | 4,496,678,550 | Sell | 05/09/11 | $ | 4,067,000 | $ | 4,193,454 | $ | (126,454 | ) | |||||||||||||||||||
Morgan Stanley | Brazilian Real | 68,410,378 | Sell | 05/09/11 | 40,747,143 | 43,464,161 | (2,717,018 | ) | ||||||||||||||||||||||
Morgan Stanley | Mexican Peso | 72,669,876 | Sell | 05/24/11 | 6,101,636 | 6,298,698 | (197,062 | ) | ||||||||||||||||||||||
Morgan Stanley | Czech Koruna | 124,652,179 | Sell | 05/24/11 | 7,256,501 | 7,634,201 | (377,700 | ) | ||||||||||||||||||||||
Morgan Stanley | Australian Dollar | 6,083,091 | Sell | 05/24/11 | 6,267,615 | 6,646,909 | (379,294 | ) | ||||||||||||||||||||||
$ | (20,062,686 | ) |
Contract Description | Number of Contracts | Expiration Date | Notional Value | Unrealized Appreciation/ (Depreciation) | ||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Long Contracts | ||||||||||||||||||
Australia 10-Year Bond | 42 | 06/15/11 | $ | 4,800,430 | $ | 20,848 | ||||||||||||
Canada 10-Year Bond | 63 | 06/21/11 | 8,096,810 | 199,196 | ||||||||||||||
Euro-Bobl 5-Year | 9 | 06/08/11 | 1,536,190 | 8,029 | ||||||||||||||
Euro-Bund | 192 | 06/08/11 | 34,956,100 | 434,152 | ||||||||||||||
Euro-Schatz | 480 | 06/08/11 | 76,288,800 | 139,350 | ||||||||||||||
Japan 10-Year Bond (TSE) | 30 | 06/09/11 | 51,796,800 | 347,748 | ||||||||||||||
Long Gilt | 181 | 06/28/11 | 36,025,900 | 451,208 | ||||||||||||||
Short Gilt | 79 | 06/28/11 | 14,287,000 | 138,592 | ||||||||||||||
U.S. Treasury 2-Year Note | 82 | 06/30/11 | 17,968,300 | 23,905 | ||||||||||||||
U.S. Treasury 5-Year Note | 200 | 06/30/11 | 23,693,800 | 272,422 | ||||||||||||||
U.S. Treasury Ultra Long Bond | 8 | 06/21/11 | 1,007,000 | 31,480 | ||||||||||||||
$ | 270,457,130 | $ | 2,066,930 | |||||||||||||||
Short Contracts | ||||||||||||||||||
Australia 3-Year Bond | 19 | 06/15/11 | $ | 2,133,530 | $ | (1,416 | ) | |||||||||||
Medium Gilt | 124 | 06/28/11 | 23,831,500 | (541,334 | ) | |||||||||||||
U.S. Treasury 10-Year Note | 83 | 06/21/11 | 10,054,700 | (79,661 | ) | |||||||||||||
U.S. Treasury Long Bond | 46 | 06/21/11 | 5,629,250 | (135,427 | ) | |||||||||||||
$ | 41,648,980 | $ | (757,838 | ) |
Counterparty | Reference Entity/ Obligation | Buy/Sell Protection | (Pay)/Receive Fixed Rate (%) | Termination Date | Notional Amount(2) | Fair Value(3) | Upfront Premiums Paid/(Received) | Unrealized Appreciation/ (Depreciation) | ||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
The Royal Bank of Scotland PLC | Japanese Government Bond | Buy | (0.610) | 12/20/14 | USD 9,000,000 | $ | (13,011 | ) | $ | — | $(13,011) | |||||||||||||||||||||||
$ | (13,011 | ) | $ | — | $(13,011) |
(1) | If a Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, a Portfolio will either 1.) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation, other deliverable obligations or underlying securities comprising the referenced index or 2.) receive a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
(2) | The maximum amount of future payments (undiscounted) that a Portfolio as seller of protection could be required to make or receive as a buyer of credit protection under a credit default swap agreement would be an amount equal to the notional amount of the agreement. |
(3) | The fair values for credit default swap agreements serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. Increasing fair values, in absolute terms, when compared to the notional amount of the agreement, represent a deterioration of the referenced obligation’s credit soundness and a greater likelihood or risk of default or other credit event occurring. |
ING GLOBAL BOND FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Termination Date | Notional Amount | Fair Value | Upfront Premiums Paid/(Received) | Unrealized Appreciation/ (Depreciation) | |||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Pay a fixed rate equal to 2.853% and receive a floating rate based on the 3-month CAD-BA-CDOR Counterparty: Morgan Stanley | 02/28/16 | CAD 9,666,000 | $(80,999) | $ | — | $ | (80,999 | ) | |||||||||||||||
Pay a fixed rate equal to 3.623% and receive a floating rate based on the 3-month CAD-BA-CDOR Counterparty: Morgan Stanley | 02/28/21 | CAD 6,540,000 | (49,376) | — | (49,376 | ) | |||||||||||||||||
Pay a fixed rate equal to 4.140% and receive a floating rate based on the 6-month Tasa Nominal Anual Promedio (TNA) Counterparty: Deutsche Bank AG | 10/19/12 | CLP 4,917,045,000 | 251,467 | — | 251,467 | ||||||||||||||||||
Receive a fixed rate equal to 2.824% and pay a floating rate based on the 6-month EUR-EURIBOR-Reuters Counterparty: Morgan Stanley | 03/02/16 | EUR 7,368,000 | (80,270) | — | (80,270 | ) | |||||||||||||||||
Receive a fixed rate equal to 3.422% and pay a floating rate based on the 6-month EUR-EURIBOR-Reuters Counterparty: Morgan Stanley | 03/02/21 | EUR 4,926,000 | (66,458) | — | (66,458 | ) | |||||||||||||||||
Receive a fixed rate equal to 1.158% and pay a floating rate based on the 3-month GBP-LIBOR-BBA Counterparty: Citigroup, Inc. | 08/01/12 | GBP 80,000,000 | 22,249 | — | 22,249 | ||||||||||||||||||
Receive a fixed rate equal to 7.550% and pay a floating rate based on the INR-MIBOR-OIS-COMPOUND Counterparty: Deutsche Bank AG | 03/09/13 | INR 1,027,100,000 | (148,113) | — | (148,113 | ) | |||||||||||||||||
Pay a fixed rate equal to 8.110% and receive a floating rate based on the INR-MIBOR-OIS-COMPOUND Counterparty: Deutsche Bank AG | 03/09/16 | INR 461,800,000 | 61,495 | — | 61,495 | ||||||||||||||||||
Receive a fixed rate equal to 5.400% and pay a floating rate based on the 28-day MXN-TIIE-BANXICO Counterparty: Deutsche Bank AG | 07/17/12 | MXN 1,522,400,000 | 83,298 | — | 83,298 | ||||||||||||||||||
Pay a fixed rate equal to 0.998% and receive a floating rate based on the 3-month USD-LIBOR-BBA Counterparty: Citigroup, Inc. | 02/10/13 | USD 60,000,000 | (358,592) | — | (358,592 | ) | |||||||||||||||||
Pay a fixed rate equal to 2.535% and receive a floating rate based on the 3-month USD-LIBOR-BBA Counterparty: Citigroup, Inc. | 02/10/16 | USD 35,000,000 | (757,306) | — | (757,306 | ) | |||||||||||||||||
Pay a fixed rate equal to 3.478% and receive a floating rate based on the 3-month USD-LIBOR-BBA Counterparty: Citigroup, Inc. | 05/11/20 | USD 10,271,000 | (217,411) | — | (217,411 | ) | |||||||||||||||||
Pay a fixed rate equal to 2.870% and receive a floating rate based on the 3-month USD-LIBOR-BBA Counterparty: Credit Suisse First Boston | 12/24/17 | USD 25,000,000 | (264,402) | — | (264,402 | ) | |||||||||||||||||
Pay a fixed rate equal to 3.444% and receive a floating rate based on the 3-month USD-LIBOR-BBA Counterparty: Credit Suisse First Boston | 12/24/20 | USD 45,000,000 | (480,739) | — | (480,739 | ) | |||||||||||||||||
$(2,085,157) | $ | — | $ | (2,085,157 | ) |
Description/Name of Issuer | Exercise Price | Expiration Date | # of Contracts | Premiums Received | Value | |||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
U.S. Treasury 10-Year Note June Futures Put Option CBOT | USD 117.00 | 05/20/11 | 328 | $ | 35,055 | $ | (5,127 | ) | ||||||||||||||
$ | 35,055 | $ | (5,127 | ) |
# of Contracts | Counterparty | Description | Exercise Price | Expiration Date | Premiums Received | Fair Value | ||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Options On Currencies | ||||||||||||||||||||||||||||
26,100,000 | Deutsche Bank AG | JPY vs USD Currency Call Option 05/11 | 85.00 USD | 05/23/11 | $ | 53,244 | $ | (18,289 | ) | |||||||||||||||||||
25,900,000 | Deutsche Bank AG | JPY vs USD Currency Call Option 05/11 | 85.50 USD | 05/19/11 | 49,469 | (9,486 | ) | |||||||||||||||||||||
51,300,000 | Morgan Stanley | JPY vs USD Currency Put Option 05/11 | 80.00 USD | 05/06/11 | 41,040 | (82,987 | ) |
ING GLOBAL BOND FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
# of Contracts | Counterparty | Description | Exercise Price | Expiration Date | Premiums Received | Fair Value | ||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Options On Currencies | ||||||||||||||||||||||||||||
51,600,000 | Morgan Stanley | JPY vs USD Currency Put Option 05/11 | 83.25 USD | 05/09/11 | $ | 268,320 | $ | (1,390,240 | ) | |||||||||||||||||||
25,650,000 | Morgan Stanley | JPY vs USD Currency Put Option 05/11 | 83.50 USD | 05/06/11 | 409,759 | (757,655 | ) | |||||||||||||||||||||
26,100,000 | Deutsche Bank AG | USD vs CHF Currency Put Option 05/11 | 0.86 USD | 05/25/11 | 115,362 | (256,918 | ) | |||||||||||||||||||||
26,200,000 | Deutsche Bank AG | USD vs EUR Currency Call Option 05/11 | 1.40 USD | 05/27/11 | 45,101 | (18,063 | ) | |||||||||||||||||||||
55,600,000 | Morgan Stanley | USD vs EUR Currency Call Option 05/11 | 1.38 USD | 05/04/11 | 161,240 | (5 | ) | |||||||||||||||||||||
Total Written OTC Call Options | $ | 1,143,535 | $ | (2,533,643 | ) |
Counterparty | Notional Amount or Fixed Rate (Currency Received) | Notional Amount or Floating Rate (Currency Delivered) | Floating Rate | Fixed Rate | Termination Date | Fair Value | Upfront Premiums Paid (Received) | Unrealized Appreciation (Depreciation) | ||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Deutsche Bank AG | U.F. 230,187 | CLP 4,917,045,000 | 6-month Tasa Nominal Anual Promedio (TNA) | 0.88% | 10/19/12 | $ | 32,415 | $ | — | $ | 32,415 | |||||||||||||||||||||||
$ | 32,415 | $ | — | $ | 32,415 |
Derivatives not accounted for as hedging instruments | Location on Statement of Assets and Liabilities | Fair Value | ||||||||
---|---|---|---|---|---|---|---|---|---|---|
Asset Derivatives | ||||||||||
Foreign exchange contracts | Investments in securities at value* | $ | 2,858,687 | |||||||
Interest rate contracts | Investments in securities at value* | 30,750 | ||||||||
Foreign exchange contracts | Unrealized appreciation on forward foreign currency contracts | 23,145,523 | ||||||||
Foreign exchange contracts | Unrealized appreciation on swap agreements | 32,415 | ||||||||
Interest rate contracts | Unrealized appreciation on swap agreements | 418,509 | ||||||||
Interest rate contracts | Net Assets — Unrealized appreciation** | 2,066,930 | ||||||||
Total Asset Derivatives | $ | 28,552,814 | ||||||||
Liability Derivatives | ||||||||||
Foreign exchange contracts | Unrealized depreciation on forward foreign currency contracts | $ | 20,096,078 | |||||||
Credit contracts | Unrealized depreciation on swap agreements | 13,011 | ||||||||
Credit contracts | Unrealized depreciation on swap agreements | 2,503,666 | ||||||||
Interest rate contracts | Net Assets — Unrealized depreciation** | 757,838 | ||||||||
Foreign exchange contracts | Written options, at fair value | 2,533,643 | ||||||||
Interest rate contracts | Written options, at fair value | 5,127 | ||||||||
Total Liability Derivatives | $ | 25,909,363 |
* | Includes purchased options. |
* | Includes cumulative appreciation/depreciation of futures contracts as reported in the table following the Summary Portfolio of Investments. |
Amount of Realized Gain or (Loss) on Derivatives Recognized in Income | |||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Derivatives not accounted for as hedging instruments | Investments* | Foreign currency related transactions** | Futures | Swaps | Written options | Total | |||||||||||||||||||||
Credit contracts | $ | — | $ | — | $ | — | (260,613 | ) | $ | — | $ | (260,613 | ) | ||||||||||||||
Foreign exchange contracts | (3,989,059 | ) | (625,519 | ) | — | — | 3,255,961 | (1,358,617 | ) | ||||||||||||||||||
Interest rate contracts | 106,678 | — | 561,431 | (1,726,296 | ) | 20,525 | (1,037,662 | ) | |||||||||||||||||||
Total | $ | (3,882,381 | ) | $ | (625,519 | ) | $ | 561,431 | $ | (1,986,909 | ) | $ | 3,276,486 | $ | (2,656,892 | ) |
ING GLOBAL BOND FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Change in Unrealized Appreciation or Depreciation on Derivatives Recognized in Income | |||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Derivatives not accounted for as hedging instruments | Investments* | Foreign currency related transactions** | Futures | Swaps | Written options | Total | |||||||||||||||||||||
Credit contracts | $ | — | $ | — | $ | — | $ | 52,455 | $ | — | $ | 52,455 | |||||||||||||||
Foreign exchange contracts | 1,535,931 | 1,722,956 | — | 63,051 | (1,753,169 | ) | 1,568,769 | ||||||||||||||||||||
Interest rate contracts | (123,820 | ) | — | 1,542,709 | (1,978,272 | ) | 29,928 | (529,455 | ) | ||||||||||||||||||
Total | $ | 1,412,111 | $ | 1,722,956 | $ | 1,542,709 | $ | (1,862,766 | ) | $ | (1,723,241 | ) | $ | 1,091,769 |
* | Amounts recognized for purchased options are included in net realized gain (loss) on investments and net change in unrealized appreciation or depreciation on investments. |
** | Amounts recognized for forward foreign currency contracts are included in net realized gain (loss) on foreign currency related transactions and net change in unrealized appreciation or depreciation on foreign currency related transactions. |
ING GLOBAL BOND FUND | SUMMARY PORTFOLIO OF INVESTMENTS AS OF APRIL 30, 2011 (UNAUDITED) (CONTINUED) |
Shares | | | | Value | | Percent of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
AFFILIATED INVESTMENT COMPANIES: 100.4% | |||||||||||||||||||
1,152,276 | ING Emerging Countries Fund — Class I | $ | 35,559,233 | 19.8 | |||||||||||||||
4,287,999 | @ | ING International Core Fund — Class I | 45,238,390 | 25.1 | |||||||||||||||
3,334,570 | @ | ING International Growth Fund — Class I | 36,313,462 | 20.2 | |||||||||||||||
993,236 | ING International Real Estate Fund — Class I | 9,058,314 | 5.0 | ||||||||||||||||
414,666 | ING International SmallCap Multi-Manager Fund — Class I | 18,100,157 | 10.1 | ||||||||||||||||
1,464,483 | ING International Value Choice Fund — Class I | 17,251,610 | 9.6 | ||||||||||||||||
1,503,166 | ING International Value Fund — Class I | 19,075,172 | 10.6 | ||||||||||||||||
AFFILIATED INVESTMENT COMPANIES: (continued) | |||||||||||||||||||
Total Investments in Affiliated Investment Companies | |||||||||||||||||||
(Cost $154,239,618)* | $ | 180,596,338 | 100.4 | ||||||||||||||||
Liabilities in Excess of Other Assets | (670,551 | ) | (0.4 | ) | |||||||||||||||
Net Assets | $ | 179,925,787 | 100.0 |
@ | Non-income producing security |
* | Cost for federal income tax purposes is $168,226,733. |
Net unrealized appreciation consists of: | ||||||
Gross Unrealized Appreciation | $ | 26,803,027 | ||||
Gross Unrealized Depreciation | (14,433,422 | ) | ||||
Net Unrealized appreciation | $ | 12,369,605 |
Quoted Prices in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at 4/30/2011 | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset Table | ||||||||||||||||||
Investments, at value | ||||||||||||||||||
Affiliated Investment Companies | $ | 180,596,338 | $ | — | $ | — | $ | 180,596,338 | ||||||||||
Total Investments, at value | $ | 180,596,338 | $ | — | $ | — | $ | 180,596,338 |
ˆ | See Note 2, “Significant Accounting Policies” in the Notes to Financial Statements for additional information. |
benchmark and/or selected peer group of investment companies (“Selected Peer Groups”).
Board noted the resources that the Adviser has committed to the Board and the Investment Review Committees to assist the Board and the Investment Review Committees with their assessment of the investment performance of the Funds on an on-going basis throughout the year. This includes the appointment of a Chief Investment Risk Officer and his staff, who report directly to the Board and who have developed attribution analyses and other metrics used by the Board’s Investment Review Committees to analyze the key factors underlying investment performance for the funds in the ING Funds complex.
fee schedules that will result in a lower advisory fee rate when a Fund achieves sufficient asset levels to receive a breakpoint discount. In the case of sub-advisory fees, the Board considered that breakpoints would inure to the benefit of the Adviser, except to the extent that there are corresponding advisory fee breakpoints or waivers. The Board also considered that some of the Funds do not have advisory fee breakpoints do have fee waiver or expense reimbursement arrangements. In this connection, the Board considered the extent to which economies of scale could be realized through such fee waivers, expense reimbursements or other expense reductions. In evaluating fee breakpoint arrangements and economies of scale, the Independent Trustees also considered prior periodic management reports and industry information on this topic.
The Board reviewed and considered each contractual investment advisory fee rate, combined with the administrative fee rate, payable by each Fund to the Adviser. The Board also considered the contractual sub-advisory fee rate payable by the Adviser to each Sub-Adviser for sub-advisory services for each Fund. In addition, the Board considered fee waivers and expense limitations applicable to the fees payable by the Funds.
infrastructure necessary for the Funds’ operations may not be fully reflected in the expenses allocated to each Fund in determining profitability, and that the information presented may not portray all of the costs borne by Management or capture Management’s entrepreneurial risk associated with offering and managing a mutual fund complex in the current regulatory and market environment. In addition, the Board recognized that the use of different methodologies for purposes of calculating profit data can give rise to dramatically different profit and loss results.
(2) Management’s representations regarding changes that had been made to the Sub-Adviser’s emerging markets platform; and (3) that Management would continue to monitor, and the Board or its Investment Review Committee would periodically review, the Fund’s investment performance.
given different weight to different individual factors and related conclusions.
the Board; (2) the Fund’s expense ratio is reasonable in the context of all factors considered by the Board; (3) that in February 2010 there was a change to the Fund’s portfolio management team and it is reasonable to permit the Fund to establish a longer performance record for purposes of evaluating performance; and (4) the sub-advisory fee rate payable by the Adviser to the Sub-Adviser is reasonable in the context of all factors considered by the Board. Based on these conclusions and other factors, the Board voted to renew the Advisory and Sub-Advisory Contracts for the Fund for the year ending November 30, 2011. During this renewal process, different Board members may have given different weight to different individual factors and related conclusions.
the context of all factors considered by the Board; (3) that Management would continue to monitor, and the Board or its Investment Review Committee would periodically review, the Fund’s investment performance; and (4) the sub-advisory fee rate payable by the Adviser to the Sub-Adviser is reasonable in the context of all factors considered by the Board. Based on these conclusions and other factors, the Board voted to renew the Advisory and Sub-Advisory Contracts for the Fund for the year ending November 30, 2011. During this renewal process, different Board members may have given different weight to different individual factors and related conclusions.
presented, with the exception of the one-year and three-year periods, during which it underperformed; and (3) the Fund is ranked in the second quintile of its Morningstar category for the most recent calendar quarter, year-to-date, and five-year periods, the third quintile for the three-year and ten-year periods, and the fifth (lowest) quintile for the one-year period.
considered by the Board. Based on these conclusions and other factors, the Board voted to renew the Advisory and Sub-Advisory Contracts for the Fund for the year ending November 30, 2011. During this renewal process, different Board members may have given different weight to different individual factors and related conclusions.
of each respective Fund as compared to the fee rates and expense ratios of a peer group of comparable investment companies, and the fee rates and expenses charged by Clarion to the respective Funds as compared to other clients for which Clarion provides comparable services; (8) Clarion’s representations that the Transaction would not adversely affect the nature and quality of services to be provided to each respective Fund and was not expected to have a material adverse effect on the ability of Clarion to provide those services; (9) ING Investments’ and the Board’s familiarity with Clarion’s operations and compliance programs, including Clarion’s policies and procedures intended to assure compliance with the federal securities laws, and Clarion’s representations that it did not anticipate material changes to these operations and compliance programs in connection with the Transaction; and (10) Clarion’s representations regarding its Code of Ethics and related procedures for complying with that Code of Ethics, including a representation that Clarion did not anticipate that the Code of Ethics and related procedures would change materially in connection with the Transaction.
necessary for an informed determination of whether the Sub-Advisory Contracts should be approved for International Value. The materials provided to the Board to inform its consideration of whether to approve the Sub-Advisory Contracts with IIM Asia/Pacific and IIM BV included the following: (1) memoranda and related materials provided to the Board in advance of the Meeting discussing: (a) Management’s rationale for recommending that IIM Asia/Pacific and IIM BV each serve as a sub-adviser to International Value, and (b) the “global ING IM multi-manager” approach utilized when engaging ING-affiliated sub-advisers to manage the assets of an ING Fund; (2) responses from each of IIM Asia/Pacific and IIM BV to inquiries from K&L Gates LLP; (3) supporting documentation, including copies of the forms of the Sub-Advisory Contracts with IIM Asia/Pacific and IIM BV; and (4) other information relevant to the Board’s evaluation. The Board also considered Management’s representations that there was no intention to allocate assets of the Portfolio to be managed on a day-to-day basis by IIM Asia/Pacific and IIM BV at this time, and that at such time as either IIM Asia/Pacific or IIM BV is directed by the Adviser to provide investment advisory services to all or a portion of International Value’s assets, Management will undertake to provide the Board and counsel to the Non-Interested Directors with additional information regarding its services relevant to the Board’s evaluation.
of the Adviser overseeing sub-advisers to other funds within the ING Fund complex, (c) the experience of Thornburg Investment Management, Inc. (“Thornburg”) in managing its International Equity Strategy; and (d) the experience of Wellington Management Company, LLP (“Wellington”) in managing its International Opportunities Strategy; (2) information about the Fund’s investment objective and strategies and anticipated portfolio characteristics; (3) FACT sheets for the Fund that compare the Fund’s fee structure to its comparable selected peer group (“Selected Peer Group”) and Morningstar/Lipper category medians; (4) supporting documentation, including copies of the Advisory and Sub-Advisory Contracts for the Fund; and (5) other information relevant to the Board’s evaluation. In addition, the Board considered the information provided periodically throughout the year in presentations to the Board by the Adviser in the context of the Adviser’s oversight of other sub-advisers managing Funds in the ING Funds complex, and by Thornburg and Wellington at the November 17, 2010 International/Balanced/Fixed Income Funds Investment Review Committee meeting regarding the Fund.
and resources of Wellington; (6) the fairness of the compensation under the Sub-Advisory Contract in light of the services to be provided by Wellington as the Fund’s Sub-Adviser; (7) Wellington’s operations and compliance program, including its policies and procedures intended to assure compliance with the Federal securities laws, which had been reviewed and evaluated by the Trust’s Chief Compliance Officer; (8) Wellington’s financial condition; (9) the appropriateness of the selection of Wellington in light of the Fund’s investment objective and prospective investor base; and (10) Wellington’s Code of Ethics, which were approved by the Board at its November 18, 2010 meeting.
into account; (8) the personnel, operations, financial condition, and investment management capabilities and resources of the Adviser; (9) the Adviser’s compliance capabilities, as demonstrated by, among other things, its policies and procedures designed to prevent violations of the Federal securities laws, which had previously been approved by the Board in connection with its oversight of other funds in the ING Funds complex; (10) the information that had been provided by the Adviser at regular Board meetings with respect to its capabilities as a manager-of-managers in overseeing similar funds; and (11) “fall-out benefits” to the Adviser and its affiliates that were anticipated to arise from the Adviser’s management of the Fund.
ING Core Equity Research Fund
ING Real Estate Fund
ING Capital Allocation Fund
ING Corporate Leaders 100 Fund
ING Equity Dividend Fund
ING Growth Opportunities Fund
ING MidCap Opportunities Fund
ING Small Company Fund
ING SmallCap Opportunities Fund
ING Tactical Asset Allocation Fund
ING Index Plus LargeCap Fund
ING Index Plus MidCap Fund
ING Index Plus SmallCap Fund
ING Value Choice Fund
ING GNMA Income Fund
ING High Yield Bond Fund
ING Intermediate Bond Fund
ING Global Equity Dividend Fund
ING Global Natural Resources Fund
ING Global Real Estate Fund
ING Global Value Choice Fund
ING Alternative Beta Fund
ING Emerging Countries Fund
ING Global Opportunities Fund
ING Greater China Fund
ING Index Plus International Equity Fund
ING International Capital Appreciation Fund
ING International Core Fund
ING International Growth Fund
ING International Real Estate Fund
ING International SmallCap Multi-Manager Fund
ING International Value Fund
ING International Value Choice Fund
ING Russia Fund
ING Global Bond Fund
ING Diversified International Fund
ING Global Target Payment Fund
ING Senior Income Fund
ING Floating Rate Fund
ING Money Market Fund
* | An investment in the funds are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund. |
ING Investments, LLC
7337 East Doubletree Ranch Road, Suite 100
Scottsdale, Arizona 85258
ING Funds Services, LLC
7337 East Doubletree Ranch Road, Suite 100
Scottsdale, Arizona 85258
ING Investments Distributor, LLC
7337 East Doubletree Ranch Road, Suite 100
Scottsdale, Arizona 85258
BNY Mellon Investment Servicing (U.S.) Inc.
301 Bellevue Parkway
Wilmington, Delaware 19809
The Bank of New York Mellon
One Wall Street
New York, New York 10286
Dechert LLP
1775 I Street, N.W.
Washington, D.C. 20006
Item 2. Code of Ethics.
Not required for semi-annual filing.
Item 3. Audit Committee Financial Expert.
Not required for semi-annual filing.
Item 4. Principal Accountant Fees and Services.
Not required for semi-annual filing.
Item 5. Audit Committee Of Listed Registrants.
Not required for semi-annual filing.
Item 6. Schedule of Investments.
Schedule is included as part of the report to shareholders filed under Item 1 of this Form.
PORTFOLIO OF INVESTMENTS
ING INTERNATIONAL VALUE FUND
as of April 30, 2011 (Unaudited)
Shares | Value | Percentage of Net Assets | ||||
COMMON STOCK: 98.1% | ||||||
Australia: 0.9% | ||||||
180,567 | BHP Billiton Ltd. | $ 9,141,994 | 0.9 | |||
Belgium: 0.6% | ||||||
155,829 | Belgacom SA | 6,127,228 | 0.6 | |||
Brazil: 2.7% | ||||||
426,092 | Banco do Brasil SA | 7,827,395 | 0.8 | |||
267,871 | Centrais Eletricas Brasileiras SA ADR | 3,969,848 | 0.4 | |||
378,900 | @ | Gafisa SA ADR | 4,683,204 | 0.4 | ||
120,170 | Petroleo Brasileiro SA ADR | 4,010,073 | 0.4 | |||
108,154 | Tele Norte Leste Participacoes SA ADR | 1,844,026 | 0.2 | |||
62,758 | @,L | Tim Participacoes SA ADR | 2,960,922 | 0.2 | ||
68,471 | Vivo Participacoes SA ADR | 2,862,773 | 0.3 | |||
28,158,241 | 2.7 | |||||
Canada: 3.2% | ||||||
224,400 | Barrick Gold Corp. | 11,446,644 | 1.1 | |||
87,000 | Kinross Gold Corp. | 1,378,080 | 0.1 | |||
154,800 | Nexen, Inc. | 4,091,364 | 0.4 | |||
248,900 | Suncor Energy, Inc. | 11,459,356 | 1.1 | |||
63,900 | Toronto-Dominion Bank | 5,532,620 | 0.5 | |||
33,908,064 | 3.2 | |||||
China: 1.7% | ||||||
8,464,000 | China Construction Bank | 8,014,749 | 0.8 | |||
3,480,000 | Guangshen Railway Co. Ltd. | 1,382,094 | 0.1 | |||
15,560,000 | Huaneng Power International, Inc. | 8,593,307 | 0.8 | |||
17,990,150 | 1.7 | |||||
Denmark: 1.2% | ||||||
57,668 | Carlsberg A/S | 6,842,598 | 0.7 | |||
228,776 | @ | Danske Bank A/S | 5,493,937 | 0.5 | ||
12,336,535 | 1.2 | |||||
Finland: 2.0% | ||||||
186,421 | Fortum OYJ | 6,418,245 | 0.6 | |||
954,449 | Nokia OYJ | 8,792,773 | 0.8 | |||
505,293 | Stora Enso OYJ | 6,091,933 | 0.6 | |||
21,302,951 | 2.0 | |||||
France: 13.9% | ||||||
155,049 | Accor SA | 6,890,081 | 0.7 | |||
430,570 | @ | Air France-KLM | 7,599,720 | 0.7 | ||
1,323,541 | @ | Alcatel-Lucent | 8,576,496 | 0.8 | ||
57,716 | Alstom SA | 3,837,408 | 0.4 | |||
438,177 | AXA SA | 9,823,093 | 0.9 | |||
137,505 | BNP Paribas | 10,870,407 | 1.1 | |||
105,858 | Cap Gemini SA | 6,411,939 | 0.6 | |||
219,874 | Carrefour SA | 10,418,105 | 1.0 | |||
406,335 | France Telecom SA | 9,522,214 | 0.9 | |||
98,051 | Compagnie Generale des Etablissements Michelin | 9,828,065 | 0.9 | |||
393,328 | Natixis | 2,260,958 | 0.2 | |||
335,322 | Sanofi-Aventis SA | 26,529,718 | 2.4 | |||
45,720 | Societe Generale | 3,055,372 | 0.3 | |||
380,949 | Total SA | 24,396,542 | 2.3 | |||
211,114 | Veolia Environnement | 7,051,170 | 0.7 | |||
147,071,288 | 13.9 | |||||
Germany: 6.1% | ||||||
70,045 | Allianz SE | 11,004,865 | 1.1 | |||
116,741 | Deutsche Bank AG | 7,603,271 | 0.7 | |||
1,048,024 | Deutsche Telekom AG | 17,319,932 | 1.6 | |||
76,395 | Metro AG | 5,606,772 | 0.5 | |||
32,985 | Muenchener Rueckversicherungs AG | 5,444,980 | 0.5 | |||
123,988 | SAP AG | 7,988,563 | 0.8 | |||
68,531 | Siemens AG | 9,968,451 | 0.9 | |||
64,936,834 | 6.1 | |||||
Hong Kong: 1.6% | ||||||
4,112,000 | Chaoda Modern Agriculture Holdings Ltd. | 2,567,243 | 0.2 | |||
285,000 | Cheung Kong Holdings Ltd. | 4,497,999 | 0.4 | |||
308,500 | China Mobile Ltd. | 2,837,732 | 0.3 | |||
1,036,000 | HongKong Electric Holdings | 7,254,665 | 0.7 | |||
17,157,639 | 1.6 | |||||
Ireland: 0.9% | ||||||
200,000 | CRH PLC | 4,924,597 | 0.5 | |||
304,484 | @ | Smurfit Kappa PLC | 4,145,231 | 0.4 | ||
9,069,828 | 0.9 | |||||
Israel: 0.3% | ||||||
65,900 | Teva Pharmaceutical Industries Ltd. ADR | 3,013,607 | 0.3 | |||
Italy: 4.4% | ||||||
867,135 | Enel S.p.A. | 6,183,842 | 0.6 | |||
344,300 | ENI S.p.A. | 9,218,177 | 0.9 | |||
570,374 | Fiat S.p.A. | 6,090,775 | 0.6 | |||
370,948 | @ | Fiat Industrial SpA | 5,510,788 | 0.5 | ||
886,582 | Intesa Sanpaolo S.p.A | 2,944,746 | 0.3 | |||
12,713,021 | Telecom Italia S.p.A. | 16,393,667 | 1.5 | |||
46,341,995 | 4.4 | |||||
Japan: 23.6% | ||||||
210,000 | Akita Bank Ltd. | 620,058 | 0.1 | |||
132,400 | Astellas Pharma, Inc. | 5,056,784 | 0.5 | |||
45,000 | Canon, Inc. | 2,119,165 | 0.2 | |||
1,265,590 | Chuo Mitsui Trust Holdings, Inc. | 4,357,095 | 0.4 | |||
888,000 | Dai Nippon Printing Co., Ltd. | 10,652,432 | 1.1 | |||
225,836 | Daiichi Sankyo Co., Ltd. | 4,437,555 | 0.4 | |||
378,900 | Fuji Film Holdings Corp. | 11,779,200 | 1.0 |
PORTFOLIO OF INVESTMENTS
ING INTERNATIONAL VALUE FUND
as of April 30, 2011 (Unaudited) (Continued)
Shares | Value | Percentage of Net Assets | ||||
COMMON STOCK: (continued) | ||||||
Japan: (continued) | ||||||
492,000 | Hachijuni Bank Ltd./The | $ 2,937,101 | 0.3 | |||
1,611,000 | Hitachi Ltd. | 8,744,072 | 0.8 | |||
1,548 | Inpex Corp. | 11,900,691 | 1.1 | |||
1,045 | Japan Tobacco, Inc. | 4,061,181 | 0.4 | |||
353,000 | JGC Corp. | 8,837,841 | 0.8 | |||
175,300 | Mabuchi Motor Co., Ltd. | 8,697,231 | 0.8 | |||
360,300 | Mitsubishi Corp. | 9,774,101 | 0.9 | |||
735,400 | Mitsubishi UFJ Financial Group, Inc. | 3,529,617 | 0.3 | |||
1,327,500 | Mizuho Financial Group, Inc. | 2,103,219 | 0.2 | |||
370,200 | MS&AD Insurance Group Holdings | 8,669,292 | 0.8 | |||
22,700 | Nintendo Co., Ltd. | 5,371,141 | 0.5 | |||
1,310,200 | Nissan Motor Co., Ltd. | 12,606,107 | 1.2 | |||
186,600 | Nippon Telegraph & Telephone Corp. | 8,695,068 | 0.8 | |||
4,407 | NTT DoCoMo, Inc. | 8,176,638 | 0.8 | |||
299,400 | Omron Corp. | 8,234,896 | 0.8 | |||
59,500 | Ono Pharmaceutical Co., Ltd. | 3,020,499 | 0.3 | |||
150,300 | Rohm Co., Ltd. | 9,051,978 | 0.9 | |||
236,600 | Sega Sammy Holdings, Inc. | 4,144,303 | 0.4 | |||
420,000 | Sekisui House Ltd. | 4,071,365 | 0.4 | |||
764,900 | Seven & I Holdings Co., Ltd. | 19,249,553 | 1.8 | |||
289,300 | Shiseido Co., Ltd. | 4,812,052 | 0.5 | |||
122,100 | Sony Corp. | 3,447,552 | 0.3 | |||
338,300 | Sumitomo Mitsui Financial Group, Inc. | 10,508,231 | 1.0 | |||
90,000 | Taisho Pharmaceutical Co., Ltd. | 2,122,493 | 0.2 | |||
132,600 | Takeda Pharmaceutical Co., Ltd. | 6,426,172 | 0.6 | |||
31,200 | TDK Corp. | 1,609,761 | 0.2 | |||
457,300 | Tokio Marine Holdings, Inc. | 12,792,711 | 1.1 | |||
116,800 | Tokyo Electron Ltd. | 6,762,025 | 0.6 | |||
296,500 | Toyo Seikan Kaisha Ltd. | 5,040,537 | 0.5 | |||
89,600 | Toyota Motor Corp. | 3,574,247 | 0.3 | |||
214,000 | Wacoal Holdings Corp. | 2,785,910 | 0.3 | |||
250,779,874 | 23.6 | |||||
Mexico: 0.2% | ||||||
116,865 | L | Telefonos de Mexico SAB de CV ADR | 2,187,713 | 0.2 | ||
Netherlands: 7.0% | ||||||
941,001 | @ | Aegon NV | 7,479,491 | 0.7 | ||
25,600 | Akzo Nobel NV | 1,984,980 | 0.2 | |||
194,995 | @ | European Aeronautic Defence and Space Co. NV | 6,033,355 | 0.6 | ||
381,312 | Koninklijke Ahold NV | 5,354,967 | 0.5 | |||
51,743 | Nutreco Holding NV | 4,026,888 | 0.4 | |||
369,887 | Royal Dutch Shell PLC - Class A | 14,407,649 | 1.3 | |||
235,306 | Royal Dutch Shell PLC - Class B | 9,154,466 | 0.9 | |||
172,979 | @ | SNS Reaal NV | 1,062,733 | 0.1 | ||
492,937 | Unilever NV | 16,227,827 | 1.5 | |||
346,725 | Wolters Kluwer NV | 8,078,480 | 0.8 | |||
73,810,836 | 7.0 | |||||
New Zealand: 0.2% | ||||||
1,300,865 | Telecom Corp. of New Zealand Ltd. | 2,281,179 | 0.2 | |||
Poland: 0.5% | ||||||
331,833 | Powszechna Kasa Oszczednosci Bank Polski SA | 5,710,391 | 0.5 | |||
Portugal: 0.9% | ||||||
1,404,675 | EDP - Energias de Portugal SA | 5,738,791 | 0.5 | |||
347,776 | Portugal Telecom SGPS SA | 4,256,038 | 0.4 | |||
9,994,829 | 0.9 | |||||
Singapore: 0.8% | ||||||
497,000 | United Overseas Bank Ltd. | 7,974,301 | 0.8 | |||
South Africa: 1.3% | ||||||
114,429 | AngloGold Ashanti Ltd | 5,827,299 | 0.5 | |||
306,657 | Gold Fields Ltd. | 5,484,977 | 0.5 | |||
92,400 | Impala Platinum Holdings Ltd. | 2,889,611 | 0.3 | |||
14,201,887 | 1.3 | |||||
South Korea: 1.5% | ||||||
143,410 | @ | Korea Electric Power Corp. | 3,435,990 | 0.3 | ||
79,800 | SK Telecom Co., Ltd. | 12,090,769 | 1.2 | |||
15,526,759 | 1.5 | |||||
Spain: 2.1% | ||||||
487,341 | Banco Popular Espanol SA | 2,919,297 | 0.3 | |||
530,920 | Banco Santander SA | 6,780,112 | 0.6 | |||
428,985 | Indra Sistemas SA | 9,730,037 | 0.9 | |||
115,402 | @ | Telefonica SA | 3,100,298 | 0.3 | ||
22,529,744 | 2.1 | |||||
Sweden: 0.9% | ||||||
326,860 | Telefonaktiebolaget LM Ericsson | 4,959,618 | 0.4 | |||
317,670 | Svenska Cellulosa AB | 4,870,008 | 0.5 | |||
9,829,626 | 0.9 | |||||
Switzerland: 5.8% | ||||||
335,395 | Novartis AG | 19,888,984 | 1.9 | |||
293,700 | STMicroelectronics NV | 3,475,595 | 0.3 | |||
90,910 | Swiss Reinsurance Co., Ltd. | 5,424,283 | 0.5 | |||
8,800 | Swisscom AG | 4,039,052 | 0.4 | |||
595,233 | @ | UBS AG | 11,912,141 | 1.1 | ||
438,829 | Xstrata PLC | 11,255,529 | 1.1 |
PORTFOLIO OF INVESTMENTS
ING INTERNATIONAL VALUE FUND
as of April 30, 2011 (Unaudited) (Continued)
Shares | Value | Percentage of Net Assets | ||||
COMMON STOCK: (continued) | ||||||
Switzerland: (continued) | ||||||
18,376 | Zurich Financial Services AG | $ 5,166,939 | 0.5 | |||
61,162,523 | 5.8 | |||||
United Kingdom: 12.6% | ||||||
145,791 | Anglo American PLC | 7,642,186 | 0.7 | |||
200,530 | AstraZeneca PLC | 9,949,827 | 0.9 | |||
1,608,312 | BAE Systems PLC | 8,828,480 | 0.9 | |||
1,736,755 | Barclays PLC | 8,256,517 | 0.7 | |||
1,038,481 | BP PLC | 7,983,053 | 0.8 | |||
230,900 | BP PLC ADR | 10,653,726 | 1.0 | |||
803,814 | GlaxoSmithKline PLC | 17,559,259 | 1.6 | |||
2,441,820 | Home Retail Group PLC | 9,012,937 | 0.8 | |||
733,712 | HSBC Holdings PLC | 8,003,220 | 0.8 | |||
1,482,634 | @ | ITV PLC | 1,888,105 | 0.2 | ||
894,105 | J Sainsbury Plc | 5,207,977 | 0.5 | |||
259,097 | Kazakhmys PLC | 6,018,478 | 0.6 | |||
919,000 | Kingfisher PLC | 4,222,392 | 0.4 | |||
2,750,039 | @ | Lloyds Banking Group Plc | 2,730,383 | 0.3 | ||
836,151 | Marks & Spencer Group PLC | 5,432,606 | 0.5 | |||
4,594,565 | Vodafone Group PLC | 13,281,914 | 1.3 | |||
928,631 | WM Morrison Supermarkets PLC | 4,581,412 | 0.4 | |||
68,968 | Wolseley PLC | 2,505,184 | 0.2 | |||
133,757,656 | 12.6 | |||||
United States: 1.2% | ||||||
152,600 | Newmont Mining Corp. | 8,943,886 | 0.8 | |||
104,934 | @ | TE Connectivity Ltd. | 3,761,884 | 0.4 | ||
12,705,770 | 1.2 | |||||
Total Common Stock | ||||||
(Cost $972,441,092) | 1,039,009,442 | 98.1 | ||||
RIGHTS: 0.0% | ||||||
Spain: 0.0% | ||||||
487,341 | Banco Popular Espanol SA | 36,091 | 0.0 | |||
Total Rights | ||||||
(Cost $–) | 36,091 | 0.0 | ||||
Total Long-Term Investments | ||||||
(Cost $972,441,092) | 1,039,045,533 | 98.1 | ||||
SHORT-TERM INVESTMENTS: 1.1% | ||||||
Securities Lending: 0.2% | ||||||
749,296 | BNY Mellon Overnight Government Fund(1) | 749,296 | 0.1 | |||
1,202,292 | R | BNY Institutional Cash Reserves Fund, Series B(1)(2) | 961,834 | 0.1 | ||
Total Securities Lending | ||||||
(Cost $1,951,588) | 1,711,130 | 0.2 | ||||
Mutual Funds: 0.9% | ||||||
9,456,858 | BlackRock Liquidity Funds,TempFund, Institutional Class | |||||
(Cost $9,456,858) | $ 9,456,858 | 0.9 | ||||
Total Short-Term Investments | ||||||
(Cost $11,408,446) | 11,167,988 | 1.1 | ||||
Total Investments in Securities (Cost $983,849,538)* | $ 1,050,213,521 | 99.2 | ||||
Assets in Excess of Other Liabilities | 8,299,859 | 0.8 | ||||
Net Assets | $ 1,058,513,380 | 100.0 | ||||
@ | Non-income producing security |
ADR | American Depositary Receipt |
R | Restricted Security |
L | Loaned security, a portion or all of the security is on loan at April 30, 2011. |
(1) | Collateral received from brokers for securities lending was invested in these short-term investments. |
(2) | On September 12, 2008, BNY established a separate sleeve of the Institutional Cash Reserves Fund (Series B) to hold certain Lehman Brothers defaulted debt obligations. The Portfolio's position in Series B is being fair valued daily. Please see the accompanying Notes to Financial Statements for additional details on securities lending. |
* | Cost for federal income tax purposes is $1,001,868,016. | |
Net unrealized appreciation consists of: | ||
Gross Unrealized Appreciation | $136,142,496 | |
Gross Unrealized Depreciation | (87,796,991) | |
Net Unrealized appreciation | $48,345,505 | |
Industry | Percentage of Net Assets | |
Consumer Discretionary | 8.7 | % |
Consumer Staples | 8.4 | |
Energy | 10.1 | |
Financials | 19.2 | |
Health Care | 9.3 | |
Industrials | 7.4 | |
Information Technology | 10.1 | |
Materials | 9.2 | |
Telecommunications | 11.1 | |
Utilities | 4.6 | |
Short-Term Investments | 1.1 | |
Other Assets and Liabilities - Net | 0.8 | |
Net Assets | 100.0 | % |
PORTFOLIO OF INVESTMENTS
ING INTERNATIONAL VALUE FUND
as of April 30, 2011 (Unaudited) (Continued)
Fair Value Measurements^ | |||||||
The following is a summary of the fair valuations according to the inputs used as of April 30, 2011 in valuing the assets and liabilities: | |||||||
Quoted Prices in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs # (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at 4/30/2011 | ||||
Asset Table | |||||||
Investments, at value | |||||||
Common Stock | |||||||
Australia | $ – | $ 9,141,994 | $ – | $ 9,141,994 | |||
Belgium | – | 6,127,228 | – | 6,127,228 | |||
Brazil | 28,158,241 | – | – | 28,158,241 | |||
Canada | 33,908,064 | – | – | 33,908,064 | |||
China | – | 17,990,150 | – | 17,990,150 | |||
Denmark | – | 12,336,535 | – | 12,336,535 | |||
Finland | – | 21,302,951 | – | 21,302,951 | |||
France | – | 147,071,288 | – | 147,071,288 | |||
Germany | 13,433,543 | 51,503,291 | – | 64,936,834 | |||
Hong Kong | – | 17,157,639 | – | 17,157,639 | |||
Ireland | – | 9,069,828 | – | 9,069,828 | |||
Israel | 3,013,607 | �� | – | – | 3,013,607 | ||
Italy | 5,510,788 | 40,831,207 | – | 46,341,995 | |||
Japan | – | 250,779,874 | – | 250,779,874 | |||
Mexico | 2,187,713 | – | – | 2,187,713 | |||
Netherlands | – | 73,810,836 | – | 73,810,836 | |||
New Zealand | – | 2,281,179 | – | 2,281,179 | |||
Poland | – | 5,710,391 | – | 5,710,391 | |||
Portugal | – | 9,994,829 | – | 9,994,829 | |||
Singapore | – | 7,974,301 | – | 7,974,301 | |||
South Africa | – | 14,201,887 | – | 14,201,887 | |||
South Korea | – | 15,526,759 | – | 15,526,759 | |||
Spain | 6,780,112 | 15,749,632 | – | 22,529,744 | |||
Sweden | – | 9,829,626 | – | 9,829,626 | |||
Switzerland | – | 61,162,523 | – | 61,162,523 | |||
United Kingdom | 10,653,726 | 123,103,930 | – | 133,757,656 | |||
United States | 12,705,770 | – | – | 12,705,770 | |||
Total Common Stock | 116,351,564 | 922,657,878 | – | 1,039,009,442 | |||
Rights | – | 36,091 | – | 36,091 | |||
Short-Term Investments | 10,206,154 | – | 961,834 | 11,167,988 | |||
Total Investments, at value | $ 126,557,718 | $ 922,693,969 | $ 961,834 | $ 1,050,213,521 | |||
Other Financial Instruments+ | |||||||
Forward Foreign Currency Contracts | – | 1,846 | – | 1,846 | |||
Total Assets | $ 126,557,718 | $ 922,695,815 | $ 961,834 | $ 1,050,215,367 | |||
Liabilities Table | |||||||
Other Financial Instruments+ | |||||||
Forward Foreign Currency Contracts | $ – | $ (426) | $ – | $ (426) | |||
Total Liabilities | $ – | $ (426) | $ – | $ (426) | |||
^ | See Note 2, "Significant Accounting Policies" in the Notes to Financial Statements for additional information. |
+ | Other Financial Instruments are derivatives not reflected in the Portfolio of Investments and may include open forward foreign currency contracts, futures, swaps, and written options. Forward foreign currency contracts and futures are valued at the unrealized gain (loss) on the instrument. Swaps and written options are valued at the fair value of the instrument. |
# | The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Portfolio may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Portfolio's investments are categorized as Level 2 investments. |
There were no significant transfers between Level 1 and 2 during the period ended April 30, 2011. | |
Transfers in or out of Level 3 represent either the beginning value (for transfers in), or the ending value (for transfers out) of any security or derivative instrument where a change in the pricing level occurred from the beginning to the end of the period. Transfers are recognized at the end of the reporting period. |
PORTFOLIO OF INVESTMENTS
ING INTERNATIONAL VALUE FUND
as of April 30, 2011 (Unaudited) (Continued)
At April 30, 2011 , the following forward foreign currency contracts were outstanding for the ING International Value Fund: | |||||||
Counterparty | Currency | Contract Amount | Buy/Sell | Settlement Date | In Exchange For | Fair Value | Unrealized Appreciation (Depreciation) |
Bank of America | Japanese Yen | 40,201,658 | Buy | 05/09/11 | $ 493,787 | $ 495,633 | $ 1,846 |
$ 1,846 | |||||||
The Bank of New York Mellon Corp. | Japanese Yen | 7,855,137 | Sell | 05/09/11 | $ 96,418 | $ 96,844 | $ (426) |
$ (426) | |||||||
Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-end Management Investment Companies.
Not applicable.
Item 8. Portfolio Managers of Closed-end Management Investment Companies.
Not applicable.
Item 9. Purchases of Equity Securities by Closed-end Management Investment Company and Affiliated Purchasers.
Not applicable.
Item 10. Submission of Matters to a Vote of Security Holders.
The Board has a Nominating Committee for the purpose of considering and presenting to the Board candidates it proposes for nomination to fill Independent Trustee vacancies on the Board. The Committee currently consists of all Independent Trustees of the Board. (6 individuals). The Nominating Committee operates pursuant to a Charter approved by the Board. The primary purpose of the Nominating Committee is to consider and present to the Board the candidates it proposes for nomination to fill vacancies on the Board. In evaluating candidates, the Nominating Committee may consider a variety of factors, but it has not at this time set any specific minium qualifications that must be met. Specific qualifications of candidates for Board membership will be based on the needs of the Board at the time of nomination.
The Nominating Committee is willing to consider nominations received from shareholders and shall assess shareholder nominees in the same manner as it reviews its own nominees. A shareholder nominee for director should be submitted in writing to the Fund’s Secretary. Any such shareholder nomination should include at a minimum the following information as to each individual proposed for nomination as trustee: such individual’s written consent to be named in the proxy statement as a nominee (if nominated) and to serve as a trustee (if elected), and all information relating to such individual that is required to be disclosed in the solicitation of proxies for election of trustees, or is otherwise required, in each case under applicable federal securities laws, rules and regulations.
The secretary shall submit all nominations received in a timely manner to the Nominating Committee. To be timely, any such submission must be delivered to the Fund’s Secretary not earlier than the 90th day prior to such meeting and not later than the close of business on the later of the 60th day prior to such meeting or the 10th day following the day on which public announcement of the date of the meeting is first made, by either disclosure in a press release or in a document publicly filed by the Fund with the Securities and Exchange Commission.
Item 11. Controls and Procedures.
(a) | Based on our evaluation conducted within 90 days of the filing date, hereof, the design and operation of the registrant’s disclosure controls and procedures are effective to ensure that material information relating to the registrant is made known to the certifying officers by others within the appropriate entities, particularly during the period in which Forms N-CSR are being prepared, and the registrant’s disclosure controls and procedures allow timely preparation and review of the information for the registrant’s Form N-CSR and the officer certifications of such Form N-CSR. | |||
(b) | There were no significant changes in the registrant’s internal controls that occurred during the second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting. |
Item 12. Exhibits.
(a)(1) | The Code of Ethics is not required for the semi-annual filing. | |||
(a)(2) | A separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2 under the Act (17 CFR 270.30a-2) is attached hereto as EX-99.CERT. | |||
(a)(3) | Not required for semi-annual filing. | |||
(b) | The officer certifications required by Section 906 of the Sarbanes-Oxley Act of 2002 are attached hereto as EX-99.906CERT. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant): ING Mayflower Trust
By | /s/ Shaun P. Mathews | |||
Shaun P. Mathews President and Chief Executive Officer | ||||
Date: | July 7, 2011 | |||
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By | /s/ Shaun P. Mathews | |||
Shaun P. Mathews President and Chief Executive Officer | ||||
Date: | July 7, 2011 | |||
By | /s/ Todd Modic | |||
Todd Modic Senior Vice President and Chief Financial Officer | ||||
Date: | July 7, 2011 | |||