-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, UtmH4wd1KCDh562SjezoaXNXHGNZCdZSMinmqxeklKLpbyODf8hQTwz1QFAvn407 oqfsfPIsqnjh9X9le5cSeQ== 0001104659-09-063880.txt : 20091110 0001104659-09-063880.hdr.sgml : 20091110 20091110094851 ACCESSION NUMBER: 0001104659-09-063880 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090930 FILED AS OF DATE: 20091110 DATE AS OF CHANGE: 20091110 EFFECTIVENESS DATE: 20091110 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CREDIT SUISSE GLOBAL HIGH YIELD FUND INC CENTRAL INDEX KEY: 0001067474 IRS NUMBER: 510342407 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-08927 FILM NUMBER: 091170549 BUSINESS ADDRESS: STREET 1: ELEVEN MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10010 BUSINESS PHONE: 212-325-2000 MAIL ADDRESS: STREET 1: ELEVEN MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10010 FORMER COMPANY: FORMER CONFORMED NAME: CREDIT SUISSE INSTITUTIONAL HIGH YIELD FUND INC DATE OF NAME CHANGE: 20011212 FORMER COMPANY: FORMER CONFORMED NAME: WARBURG PINCUS HIGH YIELD FUND INC DATE OF NAME CHANGE: 19980804 0001067474 S000011645 Credit Suisse Global High Yield Fund Inc C000031995 Class 1 RBSFX N-Q 1 a09-31912_4nq.htm N-Q

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

FORM N-Q

 

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY

 

Investment Company Act file number

811-08927

 

 

CREDIT SUISSE GLOBAL HIGH YIELD FUND, INC.

(Exact name of registrant as specified in charter)

 

c/o Credit Suisse Asset Management, LLC

Eleven Madison Avenue

New York, New York

 

10010

(Address of principal executive offices)

 

(Zip code)

 

J. Kevin Gao, Esq.

Eleven Madison Avenue

New York, New York 10010

(Name and address of agent for service)

 

Registrant’s telephone number, including area code:

(212) 325-2000

 

 

Date of fiscal year end:

December 31st

 

 

 

 

Date of reporting period:

July 1, 2009 to September 30, 2009

 

 



 

Item 1:           Schedule of Investments

 



 

Credit Suisse Global High Yield Fund

Schedule of Investments

September 30, 2009 (unaudited)

 

Par
(000)

 

 

 

Ratings
(S&P/Moody’s)

 

Maturity

 

Rate%

 

Value

 

 

 

 

 

 

 

 

 

 

 

U.S. CORPORATE BONDS (85.4%)

 

 

 

 

 

 

 

 

 

Aerospace & Defense (1.3%)

 

 

 

 

 

 

 

 

 

$

100

 

BE Aerospace, Inc., Senior Unsecured Notes (Callable 07/01/13 @ $104.25)

 

(BB, Ba3)

 

07/01/18

 

8.500

 

$

 102,750

 

175

 

Hawker Beechcraft Acquisition Co., Global Company Guaranteed Notes (Callable 04/01/11 @ $104.25)

 

(CCC-, Caa3)

 

04/01/15

 

8.500

 

125,125

 

95

 

Hexcel Corp., Global Senior Subordinated Notes (Callable 02/01/10 @ $103.38)

 

(B+, B1)

 

02/01/15

 

6.750

 

90,962

 

100

 

Spirit Aerosystems, Inc., Rule 144A, Company Guaranteed Notes (Callable 10/01/13 @ $103.75)‡

 

(BB, B2)

 

10/01/17

 

7.500

 

100,000

 

 

 

 

 

 

 

 

 

 

 

418,837

 

Agriculture (0.4%)

 

 

 

 

 

 

 

 

 

120

 

Southern States Cooperative, Inc., Rule 144A, Senior Notes (Callable 11/01/09 @ $100.00)‡

 

(B-, B3)

 

11/01/11

 

11.000

 

120,150

 

 

 

 

 

 

 

 

 

 

 

Auto Loans (1.8%)

 

 

 

 

 

 

 

 

 

175

 

Ford Motor Credit Co. LLC, Global Senior Unsecured Notes

 

(CCC+, Caa1)

 

08/01/12

 

7.500

 

168,134

 

310

 

Ford Motor Credit Co. LLC, Global Senior Unsecured Notes

 

(CCC+, Caa1)

 

10/01/13

 

7.000

 

291,216

 

150

 

Ford Motor Credit Co. LLC, Senior Unsecured Notes

 

(CCC+, Caa1)

 

12/15/16

 

8.000

 

139,349

 

 

 

 

 

 

 

 

 

 

 

598,699

 

Auto Parts & Equipment (1.5%)

 

 

 

 

 

 

 

 

 

150

 

Altra Industrial Motion, Inc., Global Company Guaranteed Notes (Callable 12/01/09 @ $102.25)

 

(B+, B1)

 

12/01/11

 

9.000

 

153,750

 

75

 

American Axle & Manufacturing, Inc., Company Guaranteed Notes (Callable 03/01/12 @ $103.94)

 

(CCC-, Ca)

 

03/01/17

 

7.875

 

52,125

 

110

 

Stanadyne Corp., Series 1, Global Senior Subordinated Notes (Callable 08/15/10 @ $103.33)

 

(CCC, Caa1)

 

08/15/14

 

10.000

 

92,950

 

150

 

The Goodyear Tire & Rubber Co., Global Company Guaranteed Notes (Callable 07/01/10 @ $104.50)

 

(B+, B1)

 

07/01/15

 

9.000

 

156,375

 

25

 

The Goodyear Tire & Rubber Co., Senior Unsecured Notes (Callable 05/15/12 @ $107.88)

 

(B+, B1)

 

05/15/16

 

10.500

 

27,250

 

 

 

 

 

 

 

 

 

 

 

482,450

 

Banks (3.1%)

 

 

 

 

 

 

 

 

 

175

 

CIT Group, Inc., Senior Unsecured Notes#

 

(CC, Ca)

 

02/13/12

 

0.704

 

115,589

 

350

 

CIT Group, Inc., Senior Unsecured Notes

 

(CC, Ca)

 

02/13/12

 

5.400

 

229,827

 

300

 

GMAC LLC, Rule 144A, Company Guaranteed Notes‡

 

(CCC, Ca)

 

03/02/11

 

7.250

 

291,750

 

189

 

GMAC LLC, Rule 144A, Company Guaranteed Notes‡

 

(CCC, Ca)

 

04/01/11

 

6.000

 

179,077

 

13

 

GMAC LLC, Rule 144A, Company Guaranteed Notes‡

 

(CCC, Ca)

 

12/31/13

 

7.500

 

11,505

 

211

 

GMAC LLC, Rule 144A, Company Guaranteed Notes‡

 

(CCC, Ca)

 

12/01/14

 

6.750

 

181,460

 

15

 

GMAC LLC, Rule 144A, Subordinated Notes‡

 

(CC, Ca)

 

12/31/18

 

8.000

 

11,475

 

 

 

 

 

 

 

 

 

 

 

1,020,683

 

Beverages (0.4%)

 

 

 

 

 

 

 

 

 

125

 

Constellation Brands, Inc., Company Guaranteed Notes

 

(BB, Ba3)

 

09/01/16

 

7.250

 

125,000

 

 

 

 

 

 

 

 

 

 

 

 

 

Brokerage (0.2%)

 

 

 

 

 

 

 

 

 

75

 

E*TRADE Financial Corp., Senior Unsecured Notes (Callable 12/01/10 @ $103.94)

 

(CCC, B3)

 

12/01/15

 

7.875

 

66,375

 

 

 

 

 

 

 

 

 

 

 

 

 

Building & Construction (1.5%)

 

 

 

 

 

 

 

 

 

52

 

Ashton Woods Finance Co., Rule 144A, Company Guaranteed Notes (Callable 02/24/14 @ $105.50)+‡

 

(NR, NR)

 

06/30/15

 

0.000

 

11,700

 

100

 

Beazer Homes USA, Inc., Global Company Guaranteed Notes (Callable 04/15/10 @ $100.00)

 

(D, Caa2)

 

04/15/12

 

8.375

 

88,000

 

25

 

D.R. Horton, Inc., Company Guaranteed Notes

 

(BB-, Ba3)

 

05/01/13

 

6.875

 

25,625

 

100

 

K Hovnanian Enterprises, Inc., Global Company Guaranteed Notes

 

(D, Caa2)

 

01/15/16

 

6.250

 

75,500

 

125

 

Meritage Homes Corp., Global Company Guaranteed Notes (Callable 03/15/10 @ $103.13)

 

(B+, B1)

 

03/15/15

 

6.250

 

116,875

 

175

 

Standard Pacific Corp., Company Guaranteed Notes

 

(CCC, Caa1)

 

04/01/14

 

6.250

 

153,125

 

 



 

Par
(000)

 

 

 

Ratings
(S&P/Moody’s)

 

Maturity

 

Rate%

 

Value

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. CORPORATE BONDS

 

 

 

 

 

 

 

 

 

Building & Construction

 

 

 

 

 

 

 

 

 

$

 75

 

William Lyon Homes, Inc., Global Company Guaranteed Notes (Callable 12/15/09 @ $101.91)

 

(CC, Caa3)

 

12/15/12

 

7.625

 

$

 35,625

 

 

 

 

 

 

 

 

 

 

 

506,450

 

Building Materials (1.1%)

 

 

 

 

 

 

 

100

 

Building Materials Corp. of America, Global Secured Notes (Callable 08/01/10 @ $102.58)

 

(B+, B3)

 

08/01/14

 

7.750

 

96,750

 

150

 

CPG International I, Inc., Global Company Guaranteed Notes (Callable 07/01/10 @ $102.63)

 

(B-, Caa1)

 

07/01/13

 

10.500

 

127,500

 

75

 

Norcraft Finance Corp., Global Company Guaranteed Notes (Callable 11/01/09 @ $100.00)

 

(B, Ba3)

 

11/01/11

 

9.000

 

75,375

 

75

 

Nortek, Inc., Global Senior Subordinated Notes (Callable 09/01/10 @ $102.83)ø

 

(D, Ca)

 

09/01/14

 

8.500

 

52,125

 

 

 

 

 

 

 

 

 

 

 

351,750

 

Chemicals (2.2%)

 

 

 

 

 

 

 

 

 

75

 

Ashland, Inc., Rule 144A, Company Guaranteed Notes (Callable 06/01/13 @ $104.56)‡

 

(BB-, Ba3)

 

06/01/17

 

9.125

 

80,437

 

55

 

Chemtura Corp., Company Guaranteed Notesø

 

(D, NR)

 

06/01/16

 

6.875

 

58,025

 

100

 

Koppers Holdings, Inc., Global Senior Discount Notes (Callable 11/15/09 @ $104.94)+

 

(B-, B2)

 

11/15/14

 

0.000

 

100,750

 

40

 

Momentive Performance Materials, Inc., Global Company Guaranteed Notes (Callable 12/01/10 @ $104.88)

 

(C, Caa2)

 

12/01/14

 

9.750

 

31,200

 

82

 

Momentive Performance Materials, Inc., Rule 144A, Company Guaranteed Notes (Callable 12/15/11 @ $106.25)‡

 

(C, B3)

 

06/15/14

 

12.500

 

84,760

 

50

 

Nalco Co., Global Company Guaranteed Notes (Callable 11/15/09 @ $103.00)

 

(B, B2)

 

11/15/13

 

9.000

 

75,643

 

25

 

Nalco Co., Rule 144A, Senior Notes (Callable 05/15/13 @ $104.13)‡

 

(BB-, Ba2)

 

05/15/17

 

8.250

 

26,375

 

100

 

Nalco Finance Holdings, Inc., Global Senior Discount Notes (Callable 02/01/10 @ $103.00)

 

(B, B2)

 

02/01/14

 

9.000

 

103,750

 

100

 

PolyOne Corp., Senior Unsecured Notes

 

(B-, B1)

 

05/01/12

 

8.875

 

101,500

 

100

 

Reichhold Industries, Inc., Rule 144A, Senior Notes (Callable 08/15/10 @ $104.50)‡

 

(CCC+, Caa2)

 

08/15/14

 

9.000

 

83,500

 

 

 

 

 

 

 

 

 

 

 

745,940

 

Computer Hardware (0.4%)

 

 

 

 

 

 

 

 

 

75

 

Activant Solutions, Inc., Global Company Guaranteed Notes (Callable 05/01/11 @ $104.75)

 

(CCC+, Caa1)

 

05/01/16

 

9.500

 

67,500

 

50

 

Seagate Technology International, Rule 144A, Secured Notes (Callable 05/01/13 @ $105.00)‡

 

(BB+, Ba1)

 

05/01/14

 

10.000

 

54,875

 

 

 

 

 

 

 

 

 

 

 

122,375

 

Consumer Products (1.0%)

 

 

 

 

 

 

 

 

 

125

 

AAC Group Holding Corp., Rule 144A, Senior Discount Notes (Callable 10/01/09 @ $102.56)‡

 

(CCC, Caa2)

 

10/01/12

 

10.250

 

120,625

 

75

 

Amscan Holdings, Inc., Global Senior Subordinated Notes (Callable 05/01/10 @ $102.92)

 

(CCC+, Caa1)

 

05/01/14

 

8.750

 

71,625

 

50

 

Jarden Corp., Company Guaranteed Notes (Callable 05/01/12 @ $103.75)

 

(B-, B3)

 

05/01/17

 

7.500

 

48,875

 

100

 

Prestige Brands, Inc., Global Senior Subordinated Notes (Callable 04/15/10 @ $100.00)

 

(B-, B3)

 

04/15/12

 

9.250

 

102,500

 

 

 

 

 

 

 

 

 

 

 

343,625

 

Diversified Capital Goods (2.9%)

 

 

 

 

 

 

 

 

 

75

 

Actuant Corp., Global Company Guaranteed Notes (Callable 06/15/12 @ $103.44)

 

(BB-, Ba2)

 

06/15/17

 

6.875

 

70,125

 

75

 

Anixter, Inc., Company Guaranteed Notes

 

(BB+, Ba2)

 

03/15/14

 

10.000

 

79,500

 

100

 

Belden, Inc., Rule 144A, Company Guaranteed Notes (Callable 06/15/14 @ $104.62)‡

 

(B+, Ba2)

 

06/15/19

 

9.250

 

104,500

 

100

 

Coleman Cable, Inc., Global Company Guaranteed Notes (Callable 10/01/09 @ $102.47)

 

(B+, B3)

 

10/01/12

 

9.875

 

93,000

 

125

 

Esco Corp., Rule 144A, Company Guaranteed Notes (Callable 12/15/10 @ $104.31)‡

 

(B, B2)

 

12/15/13

 

8.625

 

123,125

 

 



 

Par
(000)

 

 

 

Ratings
(S&P/Moody’s)

 

Maturity

 

Rate%

 

Value

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. CORPORATE BONDS

 

 

 

 

 

 

 

 

 

Diversified Capital Goods

 

 

 

 

 

 

 

 

 

$

 100

 

Mueller Water Products, Inc., Global Company Guaranteed Notes (Callable 06/01/12 @ $103.69)

 

(B-, Caa1)

 

06/01/17

 

7.375

 

$

 87,625

 

75

 

RBS Global & Rexnord Corp., Global Company Guaranteed Notes (Callable 08/01/10 @ $104.75)

 

(B-, Caa2)

 

08/01/14

 

9.500

 

73,125

 

75

 

Sensus USA Systems, Inc., Global Company Guaranteed Notes (Callable 12/15/09 @ $102.87)

 

(B-, B3)

 

12/15/13

 

8.625

 

74,625

 

50

 

SPX Corp., Global Senior Unsecured Notes

 

(BB, Ba2)

 

12/15/14

 

7.625

 

50,625

 

100

 

Titan International, Inc., Global Company Guaranteed Notes

 

(B-, Caa1)

 

01/15/12

 

8.000

 

97,250

 

102

 

TriMas Corp., Global Company Guaranteed Notes (Callable 06/15/10 @ $100.00)

 

(B-, Caa2)

 

06/15/12

 

9.875

 

92,565

 

 

 

 

 

 

 

 

 

 

 

946,065

 

Electric - Generation (5.2%)

 

 

 

 

 

 

 

 

 

25

 

Dynegy Holdings, Inc., Global Senior Unsecured Notes

 

(B, B3)

 

06/01/15

 

7.500

 

23,250

 

200

 

Dynegy Holdings, Inc., Global Senior Unsecured Notes

 

(B, B3)

 

05/01/16

 

8.375

 

188,000

 

25

 

Edison Mission Energy, Global Senior Unsecured Notes

 

(B, B2)

 

05/15/17

 

7.000

 

21,000

 

350

 

Edison Mission Energy, Global Senior Unsecured Notes

 

(B, B2)

 

05/15/19

 

7.200

 

285,250

 

300

 

Mirant Americas Generation LLC, Senior Unsecured Notes

 

(B-, B3)

 

10/01/21

 

8.500

 

262,500

 

175

 

NRG Energy, Inc., Company Guaranteed Notes (Callable 01/15/12 @ $103.69)

 

(BB-, B1)

 

01/15/17

 

7.375

 

169,750

 

75

 

NRG Energy, Inc., Company Guaranteed Notes (Callable 02/01/10 @ $103.63)

 

(BB-, B1)

 

02/01/14

 

7.250

 

73,875

 

50

 

NRG Energy, Inc., Company Guaranteed Notes (Callable 02/01/11 @ $103.69)

 

(BB-, B1)

 

02/01/16

 

7.375

 

48,500

 

75

 

RRI Energy, Inc., Senior Unsecured Notes

 

(B+, B2)

 

06/15/14

 

7.625

 

73,969

 

625

 

Texas Competitive Electric Holdings Co., LLC, Series A, Global Company Guaranteed Notes (Callable 11/01/11 @ $105.13)

 

(CCC, Caa2)

 

11/01/15

 

10.250

 

453,125

 

175

 

Texas Competitive Electric Holdings Co., LLC, Series B, Global Company Guaranteed Notes (Callable 11/01/11 @ $105.13)

 

(CCC, Caa2)

 

11/01/15

 

10.250

 

126,875

 

 

 

 

 

 

 

 

 

 

 

1,726,094

 

Electric - Integrated (1.1%)

 

 

 

 

 

 

 

 

 

150

 

The AES Corp., Global Senior Unsecured Notes

 

(BB-, B1)

 

10/15/17

 

8.000

 

151,688

 

25

 

The AES Corp., Rule 144A, Senior Unsecured Notes‡

 

(BB-, B1)

 

04/15/16

 

9.750

 

27,375

 

175

 

The AES Corp., Senior Unsecured Notes

 

(BB-, B1)

 

03/01/14

 

7.750

 

177,187

 

 

 

 

 

 

 

 

 

 

 

356,250

 

Electronics (1.6%)

 

 

 

 

 

 

 

 

 

75

 

Amkor Technology, Inc., Global Senior Notes (Callable 05/15/10 @ $101.29)

 

(B+, B2)

 

05/15/13

 

7.750

 

75,281

 

100

 

Freescale Semiconductor, Inc., Company Guaranteed Notes (Callable 12/15/10 @ $104.44)

 

(CCC, Caa2)

 

12/15/14

 

8.875

 

77,000

 

40

 

Jabil Circuit, Inc., Global Senior Unsecured Notes

 

(BB+, Ba1)

 

03/15/18

 

8.250

 

40,800

 

75

 

Jabil Circuit, Inc., Senior Unsecured Notes

 

(BB+, Ba1)

 

07/15/16

 

7.750

 

76,500

 

25

 

Sanmina-SCI Corp., Company Guaranteed Notes (Callable 03/01/11 @ $104.06)

 

(CCC, B3)

 

03/01/16

 

8.125

 

23,500

 

125

 

Sanmina-SCI Corp., Global Company Guaranteed Notes (Callable 03/01/10 @ $101.69)

 

(CCC, B3)

 

03/01/13

 

6.750

 

119,375

 

125

 

Viasystems, Inc., Global Company Guaranteed Notes (Callable 01/15/10 @ $100.00)

 

(B+, Caa1)

 

01/15/11

 

10.500

 

123,906

 

 

 

 

 

 

 

 

 

 

 

536,362

 

Energy - Exploration & Production (5.8%)

 

 

 

 

 

 

 

 

 

100

 

Berry Petroleum Co., Senior Subordinated Notes (Callable 11/01/11 @ $104.13)

 

(B, B3)

 

11/01/16

 

8.250

 

96,500

 

75

 

Bill Barrett Corp., Company Guaranteed Notes (Callable 07/15/13 @ $104.94)

 

(B+, B1)

 

07/15/16

 

9.875

 

79,312

 

75

 

Chesapeake Energy Corp., Company Guaranteed Notes

 

(BB, Ba3)

 

12/15/18

 

7.250

 

71,250

 

325

 

Chesapeake Energy Corp., Global Company Guaranteed Notes (Callable 01/15/10 @ $102.29)

 

(BB, Ba3)

 

01/15/16

 

6.875

 

309,562

 

75

 

Concho Resources, Inc., Company Guaranteed Notes (Callable 10/01/13 @ $104.31)

 

(BB, B3)

 

10/01/17

 

8.625

 

77,250

 

75

 

Denbury Resources, Inc., Company Guaranteed Notes (Callable 03/01/13 @ $104.88)

 

(BB, B1)

 

03/01/16

 

9.750

 

80,062

 

 



 

Par
(000)

 

 

 

Ratings
(S&P/Moody’s)

 

Maturity

 

Rate%

 

Value

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. CORPORATE BONDS

 

 

 

 

 

 

 

 

 

Energy - Exploration & Production

 

 

 

 

 

 

 

 

 

$

 150

 

Encore Acquisition Co., Company Guaranteed Notes (Callable 12/01/10 @ $103.63)

 

(B, B1)

 

12/01/17

 

7.250

 

$

 140,250

 

100

 

Forest Oil Corp., Global Company Guaranteed Notes (Callable 05/01/10 @ $100.00)

 

(BB-, B1)

 

05/01/14

 

7.750

 

98,500

 

100

 

Hilcorp Energy I, Rule 144A, Senior Unsecured Notes (Callable 06/01/11 @ $104.50)‡

 

(BB-, B3)

 

06/01/16

 

9.000

 

99,750

 

75

 

Mariner Energy, Inc., Company Guaranteed Notes (Callable 05/15/12 @ $104.00)

 

(B+, B3)

 

05/15/17

 

8.000

 

69,000

 

100

 

Newfield Exploration Co., Global Senior Subordinated Notes (Callable 05/15/13 @ $103.56)

 

(BB-, Ba3)

 

05/15/18

 

7.125

 

100,250

 

100

 

Penn Virginia Corp., Senior Notes (Callable 06/15/13 @ $105.19)

 

(BB-, B2)

 

06/15/16

 

10.375

 

108,500

 

175

 

PetroHawk Energy Corp., Global Company Guaranteed Notes (Callable 06/01/12 @ $103.94)

 

(B, B3)

 

06/01/15

 

7.875

 

173,250

 

25

 

Pioneer Natural Resources Co., Senior Unsecured Notes

 

(BB+, Ba1)

 

03/15/17

 

6.650

 

23,916

 

75

 

Plains Exploration & Production Co., Company Guaranteed Notes (Callable 06/15/11 @ $103.88)

 

(BB, B1)

 

06/15/15

 

7.750

 

74,813

 

100

 

Range Resources Corp., Global Company Guaranteed Notes (Callable 03/15/10 @ $103.19)

 

(BB, Ba3)

 

03/15/15

 

6.375

 

97,750

 

100

 

Stone Energy Corp., Global Senior Unsecured Notes (Callable 12/15/09 @ $103.38)

 

(B, Caa1)

 

12/15/14

 

6.750

 

76,500

 

75

 

Swift Energy Co., Company Guaranteed Notes (Callable 07/15/10 @ $100.00)

 

(BB-, B3)

 

07/15/11

 

7.625

 

75,000

 

75

 

Whiting Petroleum Corp., Global Company Guaranteed Notes

 

(BB, B1)

 

02/01/14

 

7.000

 

74,438

 

 

 

 

 

 

 

 

 

 

 

1,925,853

 

Environmental (1.2%)

 

 

 

 

 

 

 

 

 

75

 

Casella Waste Systems, Inc., Rule 144A, Senior Secured Notes (Callable 07/15/12 @ $105.50)‡

 

(B+, B2)

 

07/15/14

 

11.000

 

79,125

 

150

 

Clean Harbors, Inc., Rule 144A, Senior Secured Notes (Callable 08/15/12 @ $103.81)‡

 

(BB-, Ba2)

 

08/15/16

 

7.625

 

154,313

 

175

 

Waste Services, Inc., Global Senior Subordinated Notes (Callable 04/15/10 @ $103.17)

 

(B-, Caa1)

 

04/15/14

 

9.500

 

175,000

 

 

 

 

 

 

 

 

 

 

 

408,438

 

Food & Drug Retailers (1.7%)

 

 

 

 

 

 

 

 

 

100

 

Ingles Markets, Inc., Global Senior Unsecured Notes (Callable 05/15/13 @ $104.44)

 

(BB-, B1)

 

05/15/17

 

8.875

 

103,000

 

100

 

New Albertsons, Inc., Senior Unsecured Notes

 

(B+, Ba3)

 

05/01/13

 

7.250

 

101,000

 

200

 

Rite Aid Corp., Global Company Guaranteed Notes (Callable 06/15/11 @ $104.69)

 

(CCC, Caa3)

 

12/15/15

 

9.375

 

163,500

 

75

 

Rite Aid Corp., Rule 144A, Senior Secured Notes (Callable Notes 06/12/13 @ $104.88)‡

 

(B+, B3)

 

06/12/16

 

9.750

 

81,375

 

25

 

Stater Brothers Holdings, Inc., Global Company Guaranteed Notes (Callable 04/15/11 @ $103.88)

 

(B+, B2)

 

04/15/15

 

7.750

 

24,375

 

50

 

Stater Brothers Holdings, Inc., Global Company Guaranteed Notes (Callable 06/15/10 @ $100.00)

 

(B+, B2)

 

06/15/12

 

8.125

 

50,500

 

25

 

SUPERVALU, Inc., Senior Unsecured Notes

 

(B+, Ba3)

 

05/01/16

 

8.000

 

26,000

 

 

 

 

 

 

 

 

 

 

 

549,750

 

Food - Wholesale (0.8%)

 

 

 

 

 

 

 

 

 

50

 

Chiquita Brands International, Inc., Global Senior Unsecured Notes (Callable 11/01/09 @ $103.75)

 

(B, Caa2)

 

11/01/14

 

7.500

 

50,000

 

25

 

Dole Food Co., Inc., Global Company Guaranteed Notes

 

(CCC+, Caa1)

 

03/15/11

 

8.875

 

25,156

 

75

 

Dole Food Co., Inc., Rule 144A, Senior Secured Notes (Callable 10/01/13 @ $104.00)‡

 

(B-, B2)

 

10/01/16

 

8.000

 

75,657

 

75

 

Smithfield Foods, Inc., Rule 144A, Senior Secured Notes‡

 

(B+, Ba3)

 

07/15/14

 

10.000

 

79,125

 

25

 

Smithfield Foods, Inc., Series B, Global Senior Unsecured Notes

 

(B-, Caa1)

 

05/15/13

 

7.750

 

22,375

 

 

 

 

 

 

 

 

 

 

 

252,313

 

Forestry & Paper (2.1%)

 

 

 

 

 

 

 

 

 

90

 

Boise Cascade LLC, Global Company Guaranteed Notes (Callable 10/15/09 @ $103.56)

 

(B+, Caa1)

 

10/15/14

 

7.125

 

72,000

 

125

 

Georgia-Pacific Corp., Debentures

 

(B+, B2)

 

06/15/15

 

7.700

 

126,875

 

 



 

Par
(000)

 

 

 

Ratings†
(S&P/Moody’s)

 

Maturity

 

Rate%

 

Value

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. CORPORATE BONDS

 

 

 

 

 

 

 

 

 

Forestry & Paper

 

 

 

 

 

 

 

 

$

75

 

Georgia-Pacific Corp., Rule 144A, Company Guaranteed Notes (Callable 01/15/12 @ $103.56)‡

 

(BB-, Ba3)

 

01/15/17

 

7.125

 

$

73,688

 

45

 

NewPage Corp., Global Company Guaranteed Notes (Callable 05/01/10 @ $103.00)

 

(CCC-, Caa3)

 

05/01/13

 

12.000

 

21,263

 

75

 

NewPage Corp., Global Senior Secured Notes (Callable 05/01/10 @ $103.00)

 

(CCC-, Caa2)

 

05/01/12

 

10.000

 

49,875

 

225

 

NewPage Corp., Rule 144A, Senior Secured Notes (Callable 03/31/12 @ $105.00)‡

 

(CCC+, B2)

 

12/31/14

 

11.375

 

222,187

 

75

 

Smurfit-Stone Container Enterprises, Inc., Global Senior Unsecured Notes (Callable 07/01/10 @ $100.00)ø

 

(D, NR)

 

07/01/12

 

8.375

 

53,906

 

100

 

Verso Paper Holdings LLC, Series B, Global Senior Secured Notes (Callable 08/01/10 @ $104.56)

 

(B-, B2)

 

08/01/14

 

9.125

 

74,500

 

 

 

 

 

 

 

 

 

 

 

694,294

 

Gaming (4.1%)

 

 

 

 

 

 

 

 

 

75

 

Buffalo Thunder Development Authority, Rule 144A, Senior Secured Notes (Callable 12/15/10 @ $104.69) ø‡

 

(NR, NR)

 

12/15/14

 

9.375

 

13,688

 

25

 

Caesars Entertainment, Inc., Global Company Guaranteed Notes

 

(CCC-, Ca)

 

03/15/10

 

7.875

 

25,125

 

100

 

Caesars Entertainment, Inc., Global Company Guaranteed Notes

 

(CCC-, Ca)

 

05/15/11

 

8.125

 

97,500

 

100

 

CCM Merger, Inc., Rule 144A, Notes (Callable 08/01/10 @ $102.00)‡

 

(CCC+, Caa3)

 

08/01/13

 

8.000

 

82,500

 

23

 

Choctaw Resort Development Enterprise, Rule 144A, Senior Notes (Callable 11/15/11 @ $103.63)‡

 

(B, B2)

 

11/15/19

 

7.250

 

15,295

 

50

 

FireKeepers Development Authority, Rule 144A, Senior Secured Notes (Callable 05/01/12 @ $110.50)‡

 

(B, B3)

 

05/01/15

 

13.875

 

53,375

 

60

 

Fontainebleau Las Vegas Capital Corp., Rule 144A, Second Mortgage Notes (Callable 06/15/11 @ $105.13)ø‡

 

(NR, NR)

 

06/15/15

 

11.000

 

1,950

 

135

 

Harrahs Escrow Corp., Rule 144A, Senior Secured Notes (Callable 06/01/13 @ $105.62)‡

 

(B, Caa1)

 

06/01/17

 

11.250

 

139,387

 

100

 

Inn of the Mountain Gods Resort & Casino, Global Company Guaranteed Notes (Callable 11/15/09 @ $100.00)ø

 

(D, Ca)

 

11/15/10

 

12.000

 

46,750

 

100

 

Jacobs Entertainment, Inc., Global Company Guaranteed Notes (Callable 06/15/10 @ $104.88)

 

(B-, B3)

 

06/15/14

 

9.750

 

91,625

 

50

 

Majestic Star Casino Capital Corp., Senior Secured Notes (Callable 10/15/09 @ $100.00)ø

 

(D, Caa3)

 

10/15/10

 

9.500

 

32,500

 

125

 

Mashantucket Western Pequot Tribe, Rule 144A, Bonds (Callable 11/15/11 @ $104.25)‡

 

(CCC, Ca)

 

11/15/15

 

8.500

 

45,938

 

175

 

MGM Mirage, Inc., Company Guaranteed Notes

 

(CCC+, Caa2)

 

06/01/16

 

7.500

 

136,500

 

100

 

MGM Mirage, Inc., Company Guaranteed Notes

 

(CCC+, Caa2)

 

01/15/17

 

7.625

 

78,500

 

25

 

MGM Mirage, Inc., Global Company Guaranteed Notes

 

(CCC+, Caa2)

 

04/01/13

 

6.750

 

21,031

 

75

 

MGM Mirage, Inc., Rule 144A, Senior Secured Notes (Callable 05/15/13 @ $105.56)‡

 

(B, B1)

 

11/15/17

 

11.125

 

82,312

 

175

 

MTR Gaming Group, Inc., Rule 144A, Company Guaranteed Notes (Callable 07/15/11 @ $106.31)‡

 

(B, B2)

 

07/15/14

 

12.625

 

171,500

 

75

 

Peninsula Gaming LLC, Rule 144A, Senior Secured Notes (Callable 08/15/12 @ $104.19)‡

 

(BB, Ba2)

 

08/15/15

 

8.375

 

75,375

 

50

 

Peninsula Gaming LLC, Rule 144A, Senior Unsecured Notes (Callable 08/15/13 @ $105.38)‡

 

(B, B3)

 

08/15/17

 

10.750

 

50,500

 

60

 

Tropicana Finance Corp., Global Senior Subordinated Notes (Callable 12/15/10 @ $104.81)ø

 

(NR, NR)

 

12/15/14

 

9.625

 

75

 

100

 

Turning Stone Resort Casino Enterprise, Rule 144A, Senior Unsecured Notes (Callable 09/15/10 @ $104.56)‡

 

(B+, B1)

 

09/15/14

 

9.125

 

96,000

 

 

 

 

 

 

 

 

 

 

 

1,357,426

 

Gas Distribution (3.2%)

 

 

 

 

 

 

 

 

 

125

 

AmeriGas Partners LP, Senior Unsecured Notes (Callable 05/20/11 @ $103.56)

 

(NR, Ba3)

 

05/20/16

 

7.125

 

120,625

 

150

 

El Paso Corp., Senior Unsecured Notes

 

(BB-, Ba3)

 

06/01/18

 

7.250

 

148,288

 

300

 

El Paso Performance-Linked Trust, Rule 144A, Senior Unsecured Notes‡

 

(NR, Ba3)

 

07/15/11

 

7.750

 

307,958

 

150

 

Inergy Finance Corp., Global Company Guaranteed Notes (Callable 03/01/11 @ $104.13)

 

(B+, B1)

 

03/01/16

 

8.250

 

151,500

 

75

 

MarkWest Energy Finance Corp., Series B, Global Company Guaranteed Notes (Callable 04/15/13 @ $104.38)

 

(B+, B2)

 

04/15/18

 

8.750

 

75,000

 

125

 

Targa Resources Partners Finance Corp., Global Company Guaranteed Notes (Callable 07/01/12 @ $104.13)

 

(B, B2)

 

07/01/16

 

8.250

 

119,062

 

 



 

Par
(000)

 

 

 

Ratings†
(S&P/Moody’s)

 

Maturity

 

Rate%

 

Value

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. CORPORATE BONDS

 

 

 

 

 

 

 

 

 

Gas Distribution

 

 

 

 

 

 

 

 

 

$

 125

 

The Williams Cos., Inc., Series A, Global Senior Unsecured Notes

 

(BB+, Baa3)

 

01/15/31

 

7.500

 

$

 128,014

 

 

 

 

 

 

 

 

 

 

 

1,050,447

 

Health Services (6.3%)

 

 

 

 

 

 

 

 

 

100

 

Bausch & Lomb, Inc., Global Senior Unsecured Notes (Callable 11/01/11 @ $104.94)

 

(B, Caa1)

 

11/01/15

 

9.875

 

105,250

 

125

 

Biomet, Inc., Global Company Guaranteed Notes (Callable 10/15/12 @ $105.81)

 

(B-, Caa1)

 

10/15/17

 

11.625

 

136,875

 

150

 

Community Health Systems, Inc., Global Company Guaranteed Notes (Callable 07/15/11 @ $104.44)

 

(B, B3)

 

07/15/15

 

8.875

 

154,125

 

75

 

DaVita, Inc., Global Company Guaranteed Notes (Callable 03/15/10 @ $103.63)

 

(B, B2)

 

03/15/15

 

7.250

 

74,625

 

325

 

HCA, Inc., Global Secured Notes (Callable 11/15/11 @ $104.63)

 

(BB-, B2)

 

11/15/16

 

9.250

 

336,781

 

50

 

HCA, Inc., Senior Unsecured Notes

 

(B-, Caa1)

 

10/01/12

 

6.300

 

48,250

 

275

 

HCA, Inc., Senior Unsecured Notes

 

(B-, Caa1)

 

02/15/13

 

6.250

 

264,000

 

100

 

Healthsouth Corp., Global Company Guaranteed Notes (Callable 06/15/11 @ $105.38)

 

(CCC+, Caa1)

 

06/15/16

 

10.750

 

109,000

 

75

 

Inverness Medical Innovations, Inc., Senior Subordinated Notes (Callable 05/15/13 @ $104.50)

 

(B-, B3)

 

05/15/16

 

9.000

 

74,719

 

75

 

OMEGA Healthcare Investors, Inc., Global Company Guaranteed Notes (Callable 01/15/11 @ $103.50)

 

(BB+, Ba3)

 

01/15/16

 

7.000

 

71,250

 

50

 

Rural/Metro Corp., Global Senior Discount Notes (Callable 03/15/10 @ $106.38)+

 

(CCC+, Caa1)

 

03/15/16

 

0.000

 

47,750

 

75

 

Service Corporation International, Global Senior Unsecured Notes

 

(BB-, B1)

 

10/01/18

 

7.625

 

75,937

 

100

 

Stewart Enterprises, Inc., Global Company Guaranteed Notes (Callable 02/15/10 @ $101.56)

 

(BB-, Ba3)

 

02/15/13

 

6.250

 

97,750

 

275

 

Tenet Healthcare Corp., Rule 144A, Senior Secured Notes (Callable 07/01/14 @ $ 104.37)‡

 

(BB-, B2)

 

07/01/19

 

8.875

 

291,500

 

50

 

Universal Hospital Services, Inc., Global Senior Secured Notes (Callable 06/01/10 @ $101.00)#

 

(B+, B3)

 

06/01/15

 

4.635

 

42,625

 

25

 

Universal Hospital Services, Inc., Global Senior Secured Notes (Callable 06/01/11 @ $104.25)

 

(B+, B3)

 

06/01/15

 

8.500

 

24,625

 

75

 

Vanguard Health Holding Co. II LLC, Global Company Guaranteed Notes (Callable 10/01/09 @ $104.50)

 

(CCC+, Caa1)

 

10/01/14

 

9.000

 

76,875

 

75

 

VWR Funding, Inc., Series B, Global Company Guaranteed Notes (Callable 07/15/11 @ $105.13)

 

(B-, Caa1)

 

07/15/15

 

10.250

 

68,813

 

 

 

 

 

 

 

 

 

 

 

2,100,750

 

Hotels (0.7%)

 

 

 

 

 

 

 

 

 

100

 

Host Hotels & Resorts LP, Rule 144A, Senior Unsecured Notes (Callable 05/15/13 @ $104.50)‡

 

(BB+, Ba1)

 

05/15/17

 

9.000

 

106,500

 

125

 

Host Hotels & Resorts LP, Series Q, Global Company Guaranteed Notes (Callable 06/01/11 @ $103.33)

 

(BB+, Ba1)

 

06/01/16

 

6.750

 

119,375

 

 

 

 

 

 

 

 

 

 

 

225,875

 

Household & Leisure Products (0.5%)

 

 

 

 

 

 

 

 

 

150

 

ACCO Brands Corp., Rule 144A, Senior Secured Notes (Callable 09/15/12 @ $105.31)‡

 

(BB-, B2)

 

03/15/15

 

10.625

 

157,500

 

 

 

 

 

 

 

 

 

 

 

 

 

lnvestments & Misc. Financial Services (0.2%)

 

 

 

 

 

 

 

 

 

75

 

Nuveen Investments, Inc., Rule 144A, Senior Notes (Callable 11/15/11 @ $105.25)‡

 

(CCC, Caa3)

 

11/15/15

 

10.500

 

65,250

 

 

 

 

 

 

 

 

 

 

 

 

 

Leisure (0.2%)

 

 

 

 

 

 

 

 

 

51

 

Six Flags Operations, Inc., Rule 144A, Company Guaranteed Notes (Callable 07/15/13 @ $106.12)ø‡

 

(D, NR)

 

07/15/16

 

12.250

 

46,410

 

150

 

Six Flags, Inc., Global Senior Unsecured Notes (Callable 06/01/10 @ $103.21)ø

 

(D, NR)

 

06/01/14

 

9.625

 

28,500

 

 

 

 

 

 

 

 

 

 

 

74,910

 

Machinery (0.9%)

 

 

 

 

 

 

 

 

 

100

 

Baldor Electric Co., Company Guaranteed Notes (Callable 02/15/12 @ $104.31)

 

(B, B3)

 

02/15/17

 

8.625

 

102,000

 

50

 

Case New Holland, Inc., Global Company Guaranteed Notes (Callable 03/01/10 @ $103.56)

 

(BB+, Ba3)

 

03/01/14

 

7.125

 

49,250

 

 



 

Par
(000)

 

 

 

Ratings†
(S&P/Moody’s)

 

Maturity

 

Rate%

 

Value

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. CORPORATE BONDS

 

 

 

 

 

 

 

 

 

Machinery

 

 

 

 

 

 

 

 

 

$

 75

 

CPM Holdings, Inc., Rule 144A, Senior Secured Notes (Callable 09/01/12 @ $105.31)‡

 

(B+, B2)

 

09/01/14

 

10.625

 

$

 77,812

 

75

 

Terex Corp., Senior Subordinated Notes (Callable 11/15/12 @ $104.00)

 

(B, Caa1)

 

11/15/17

 

8.000

 

69,188

 

 

 

 

 

 

 

 

 

 

 

298,250

 

Media - Broadcast (1.1%)

 

 

 

 

 

 

 

 

 

75

 

Allbritton Communications Co., Global Senior Subordinated Notes (Callable 12/15/09 @ $101.29)

 

(B-, Caa1)

 

12/15/12

 

7.750

 

70,875

 

80

 

Barrington Broadcasting Capital Corp., Global Company Guaranteed Notes (Callable 08/15/10 @ $105.25)

 

(CCC-, Caa3)

 

08/15/14

 

10.500

 

46,000

 

50

 

Clear Channel Communications, Inc., Senior Unsecured Notes

 

(CC, Ca)

 

09/15/14

 

5.500

 

22,313

 

100

 

Fisher Communications, Inc., Global Company Guaranteed Notes (Callable 09/15/10 @ $102.88)

 

(B-, B2)

 

09/15/14

 

8.625

 

93,000

 

75

 

Rainbow National Services LLC, Rule 144A, Company Guaranteed Notes (Callable 09/01/10 @ $100.00)‡

 

(BB, Ba3)

 

09/01/12

 

8.750

 

76,875

 

63

 

Umbrella Acquisition, Inc., Rule 144A, Company Guaranteed Notes (Callable 03/15/11 @ $104.88)‡

 

(CCC, Caa2)

 

03/15/15

 

9.750

 

48,941

 

100

 

Young Broadcasting, Inc., Global Company Guaranteed Notes (Callable 01/15/10 @ $102.92)ø

 

(D, NR)

 

01/15/14

 

8.750

 

125

 

 

 

 

 

 

 

 

 

 

 

358,129

 

Media - Cable (4.1%)

 

 

 

 

 

 

 

 

 

200

 

Atlantic Broadband Finance LLC, Global Company Guaranteed Notes (Callable 01/15/10 @ $103.13)

 

(B-, Caa1)

 

01/15/14

 

9.375

 

195,000

 

250

 

CCH I Capital Corp., Global Senior Secured Notes (Callable 10/01/10 @ $105.50)ø

 

(D, NR)

 

10/01/15

 

11.000

 

47,500

 

125

 

CCH II Capital Corp., Series B, Global Senior Unsecured Notesø

 

(D, NR)

 

09/15/10

 

10.250

 

140,625

 

83

 

Charter Communications Holdings Capital, Senior Unsecured Notesø

 

(D, NR)

 

04/01/11

 

9.920

 

623

 

100

 

Charter Communications Operating Capital, Rule 144A, Secured Notes‡

 

(D, B1)

 

04/30/12

 

10.000

 

102,250

 

75

 

CSC Holdings, Inc., Rule 144A, Senior Unsecured Notes‡

 

(BB, Ba3)

 

04/15/14

 

8.500

 

79,125

 

150

 

CSC Holdings, Inc., Rule 144A, Senior Unsecured Notes‡

 

(BB, Ba3)

 

02/15/19

 

8.625

 

159,375

 

75

 

CSC Holdings, Inc., Rule 144A, Senior Unsecured Notes (Callable 06/15/12 @ $104.25)‡

 

(BB, Ba3)

 

06/15/15

 

8.500

 

79,125

 

100

 

DirecTV Financing Co., Global Company Guaranteed Notes (Callable 05/15/12 @ $103.81)

 

(BBB-, Ba2)

 

05/15/16

 

7.625

 

107,500

 

175

 

DISH DBS Corp., Global Company Guaranteed Notes

 

(BB-, Ba3)

 

10/01/14

 

6.625

 

170,625

 

50

 

DISH DBS Corp., Global Company Guaranteed Notes

 

(BB-, Ba3)

 

05/31/15

 

7.750

 

51,250

 

50

 

DISH DBS Corp., Rule 144A, Company Guaranteed Notes‡

 

(BB-, Ba3)

 

09/01/19

 

7.875

 

50,750

 

50

 

Mediacom Broadband Corp., Global Senior Unsecured Notes (Callable 10/15/10 @ $104.25)

 

(B-, B3)

 

10/15/15

 

8.500

 

50,750

 

50

 

Mediacom Capital Corp., Rule 144A, Senior Notes (Callable 08/15/14 @ $104.56)‡

 

(B-, B3)

 

08/15/19

 

9.125

 

51,625

 

75

 

Videotron LTee, Rule 144A, Company Guaranteed Notes (Callable 04/15/13 @ $104.56)‡

 

(BB-, Ba2)

 

04/15/18

 

9.125

 

81,562

 

 

 

 

 

 

 

 

 

 

 

1,367,685

 

Media - Services (0.9%)

 

 

 

 

 

 

 

 

 

75

 

Lamar Media Corp., Series C, Global Company Guaranteed Notes (Callable 08/15/10 @ $103.31)

 

(B, B2)

 

08/15/15

 

6.625

 

69,000

 

100

 

Nielsen Finance Co., Global Company Guaranteed Notes (Callable 05/01/13 @ $105.75)

 

(B-, Caa1)

 

05/01/16

 

11.500

 

105,500

 

50

 

WMG Acquisition Corp., Global Company Guaranteed Notes (Callable 04/15/10 @ $102.46)

 

(B, B1)

 

04/15/14

 

7.375

 

48,125

 

75

 

WMG Acquisition Corp., Rule 144A, Senior Secured Notes (Callable 06/15/13 @ $104.75)‡

 

(BB, Ba2)

 

06/15/16

 

9.500

 

79,500

 

 

 

 

 

 

 

 

 

 

 

302,125

 

Metals & Mining - Excluding Steel (1.0%)

 

 

 

 

 

 

 

 

 

100

 

Aleris International, Inc., Global Company Guaranteed Notes (Callable 12/15/10 @ $104.50)ø

 

(D, NR)

 

12/15/14

 

9.000

 

110

 

25

 

Aleris International, Inc., Global Company Guaranteed Notes (Callable 12/15/11 @ $105.00)ø

 

(D, NR)

 

12/15/16

 

10.000

 

27

 

 



 

Par
(000)

 

 

 

Ratings†
(S&P/Moody’s)

 

Maturity

 

Rate%

 

Value

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. CORPORATE BONDS

 

 

 

 

 

 

 

 

 

Metals & Mining - Excluding Steel

 

 

 

 

 

 

 

 

 

$

 50

 

Freeport-McMoRan Copper & Gold, Inc., Senior Unsecured Notes (Callable 04/01/11 @ $104.13)

 

(BBB-, Ba2)

 

04/01/15

 

8.250

 

$

 53,246

 

125

 

Freeport-McMoRan Copper & Gold, Inc., Senior Unsecured Notes (Callable 04/01/12 @ $104.19)

 

(BBB-, Ba2)

 

04/01/17

 

8.375

 

133,154

 

131

 

Noranda Aluminium Acquisition Corp., Global Company Guaranteed Notes (Callable 05/15/10 @ $100.00)#

 

(D, Caa2)

 

05/15/15

 

5.413

 

92,661

 

50

 

Peabody Energy Corp., Global Company Guaranteed Notes

 

(BB+, Ba1)

 

11/01/16

 

7.375

 

50,750

 

 

 

 

 

 

 

 

 

 

 

329,948

 

Non-Food & Drug Retailers (1.5%)

 

 

 

 

 

 

 

 

 

75

 

Asbury Automotive Group, Inc., Global Company Guaranteed Notes (Callable 03/15/12 @ $103.81)

 

(B-, Caa1)

 

03/15/17

 

7.625

 

66,750

 

100

 

Brookstone Company, Inc., Global Secured Notes (Callable 10/15/09 @ $106.00)

 

(CCC-, Caa3)

 

10/15/12

 

12.000

 

45,500

 

25

 

Michaels Stores, Inc., Global Company Guaranteed Notes (Callable 11/01/10 @ $105.00)

 

(CCC, Caa2)

 

11/01/14

 

10.000

 

24,750

 

75

 

Michaels Stores, Inc., Global Company Guaranteed Notes (Callable 11/01/11 @ $105.69)

 

(CCC, Caa3)

 

11/01/16

 

11.375

 

70,500

 

110

 

Susser Holdings LLC, Global Company Guaranteed Notes (Callable 12/15/09 @ $105.31)

 

(B+, B3)

 

12/15/13

 

10.625

 

114,125

 

125

 

The Neiman Marcus Group, Inc., Global Company Guaranteed Notes (Callable 10/15/10 @ $105.19)

 

(CCC+, Caa3)

 

10/15/15

 

10.375

 

107,500

 

75

 

Yankee Acquisition Corp., Series B, Global Company Guaranteed Notes (Callable 02/15/11 @ $104.25)

 

(B-, B3)

 

02/15/15

 

8.500

 

70,875

 

 

 

 

 

 

 

 

 

 

 

500,000

 

Oil Field Equipment & Services (1.9%)

 

 

 

 

 

 

 

 

 

100

 

Bristow Group, Inc., Global Company Guaranteed Notes (Callable 09/15/12 @ $103.75)

 

(BB, Ba2)

 

09/15/17

 

7.500

 

95,500

 

75

 

Helix Energy Solutions Group, Inc., Rule 144A, Company Guaranteed Notes (Callable 01/15/12 @ $104.75)‡

 

(B+, B3)

 

01/15/16

 

9.500

 

75,375

 

25

 

Hornbeck Offshore Services, Inc., Rule 144A, Senior Notes (Callable 09/01/13 @ $104.00)‡

 

(BB-, Ba3)

 

09/01/17

 

8.000

 

24,750

 

80

 

Hornbeck Offshore Services, Inc., Series B, Global Company Guaranteed Notes (Callable 12/01/09 @ $103.06)

 

(BB-, Ba3)

 

12/01/14

 

6.125

 

74,600

 

75

 

Key Energy Services, Inc., Global Company Guaranteed Notes (Callable 12/01/11 @ $104.19)

 

(BB-, B1)

 

12/01/14

 

8.375

 

71,625

 

75

 

Parker Drilling Co., Global Company Guaranteed Notes (Callable 10/01/09 @ $103.21)

 

(B+, B2)

 

10/01/13

 

9.625

 

74,719

 

100

 

Pride International, Inc., Senior Unsecured Notes

 

(BBB-, Ba1)

 

06/15/19

 

8.500

 

110,500

 

100

 

SEACOR Holdings, Inc., Senior Notes

 

(BBB-, Ba1)

 

10/01/19

 

7.375

 

100,624

 

 

 

 

 

 

 

 

 

 

 

627,693

 

Oil Refining & Marketing (0.6%)

 

 

 

 

 

 

 

 

 

75

 

Tesoro Corp., Company Guaranteed Notes (Callable 06/01/14 @ $104.88)

 

(BB+, Ba1)

 

06/01/19

 

9.750

 

78,375

 

125

 

Western Refining, Inc., Rule 144A, Senior Secured Notes (Callable 12/15/11 @ $105.00)#‡

 

(BB-, B3)

 

06/15/14

 

10.750

 

119,375

 

 

 

 

 

 

 

 

 

 

 

197,750

 

Packaging (1.7%)

 

 

 

 

 

 

 

 

 

100

 

Ball Corp., Company Guaranteed Notes (Callable 09/01/14 @ $103.69)

 

(BB+, Ba1)

 

09/01/19

 

7.375

 

102,000

 

100

 

Berry Plastics Corp., Global Company Guaranteed Notes (Callable 03/01/11 @ $105.13)

 

(CCC, Caa2)

 

03/01/16

 

10.250

 

85,500

 

65

 

Berry Plastics Corp., Global Secured Notes (Callable 09/15/10 @ $104.44)

 

(CCC+, Caa1)

 

09/15/14

 

8.875

 

62,238

 

70

 

Crown Americas Capital Corp., Global Company Guaranteed Notes (Callable 11/15/10 @ $103.88)

 

(BB-, B1)

 

11/15/15

 

7.750

 

71,575

 

25

 

Crown Cork & Seal Co., Inc., Senior Unsecured Notes (Callable 04/15/10 @ $101.14)

 

(B+, B2)

 

04/15/23

 

8.000

 

23,875

 

125

 

GPC Capital Corp. I, Global Company Guaranteed Notes (Callable 10/15/09 @ $104.94)

 

(CCC+, Caa1)

 

10/15/14

 

9.875

 

129,062

 

75

 

Owens-Illinois, Inc., Senior Unsecured Notes

 

(B+, B2)

 

05/15/18

 

7.800

 

75,563

 

 



 

Par
(000)

 

 

 

Ratings
(S&P/Moody’s)

 

Maturity

 

Rate%

 

Value

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. CORPORATE BONDS

 

 

 

 

 

 

 

 

 

Packaging

 

 

 

 

 

 

 

 

 

$

0

 

Pliant Corp., Global Senior Secured Notes(1)ø

 

(D, NR)

 

06/15/09

 

11.625

 

$

122

 

 

 

 

 

 

 

 

 

 

 

549,935

 

Printing & Publishing (0.7%)

 

 

 

 

 

 

 

 

 

85

 

Cengage Learning Acquisitions, Inc., Rule 144A, Senior Notes (Callable 07/15/11 @ $105.25)‡

 

(CCC+, Caa2)

 

01/15/15

 

10.500

 

80,750

 

50

 

Gannett Co., Inc., Rule 144A, Company Guaranteed Notes‡

 

(BB, Baa3)

 

11/15/14

 

8.750

 

49,233

 

150

 

Idearc, Inc., Global Company Guaranteed Notes (Callable 11/15/11 @ $104.00)ø

 

(D, NR)

 

11/15/16

 

8.000

 

7,500

 

500

 

Premier Graphics, Inc., Company Guaranteed Notesø^

 

(NR, NR)

 

12/01/05

 

11.500

 

0

 

200

 

The Reader’s Digest Association, Inc., Global Company Guaranteed Notes (Callable 02/15/12 @ $104.50)ø

 

(D, NR)

 

02/15/17

 

9.000

 

4,000

 

85

 

Valassis Communications, Inc., Global Company Guaranteed Notes (Callable 03/01/11 @ $104.13)

 

(CCC+, B3)

 

03/01/15

 

8.250

 

76,606

 

 

 

 

 

 

 

 

 

 

 

218,089

 

Railroads (0.5%)

 

 

 

 

 

 

 

 

 

75

 

Kansas City Southern Railway, Company Guaranteed Notes (Callable 06/01/12 @ $104.00)

 

(B+, B2)

 

06/01/15

 

8.000

 

76,875

 

75

 

Railamerica, Inc., Rule 144A, Senior Secured Notes (Callable 07/01/13 @ $104.62)‡

 

(BB-, B1)

 

07/01/17

 

9.250

 

78,938

 

 

 

 

 

 

 

 

 

 

 

155,813

 

Retail (0.4%)

 

 

 

 

 

 

 

 

 

125

 

QVC, Inc., Rule 144A, Senior Secured Notes (Callable 10/01/14 @ $103.75)‡

 

(BBB, Ba2)

 

10/01/19

 

7.500

 

125,781

 

 

 

 

 

 

 

 

 

 

 

 

 

Software/Services (2.3%)

 

 

 

 

 

 

 

 

 

150

 

Affiliated Computer Services, Inc., Senior Unsecured Notes

 

(BB, Ba2)

 

06/01/15

 

5.200

 

148,125

 

150

 

First Data Corp., Global Company Guaranteed Notes (Callable 09/30/11 @ $104.94)

 

(B-, Caa1)

 

09/24/15

 

9.875

 

139,312

 

25

 

Lender Processing Services, Inc., Global Company Guaranteed Notes (Callable 07/01/11 @ $106.09)

 

(BB+, Ba2)

 

07/01/16

 

8.125

 

26,125

 

150

 

SunGard Data Systems, Inc., Global Company Guaranteed Notes (Callable 08/15/10 @ $105.13)

 

(B-, Caa1)

 

08/15/15

 

10.250

 

153,750

 

41

 

Unisys Corp., Rule 144A, Senior Secured Notes (Callable 09/15/12 @ $107.13)‡

 

(BB-, Ba3)

 

09/15/15

 

14.250

 

42,435

 

49

 

Unisys Corp., Rule 144A, Senior Secured Notes (Callable 10/15/12 @ $106.38)‡

 

(BB-, Ba3)

 

10/15/14

 

12.750

 

52,185

 

200

 

Vangent, Inc., Global Company Guaranteed Notes (Callable 02/15/11 @ $104.81)

 

(B-, Caa1)

 

02/15/15

 

9.625

 

187,250

 

 

 

 

 

 

 

 

 

 

 

749,182

 

Steel Producers/Products (1.0%)

 

 

 

 

 

 

 

 

 

100

 

AK Steel Corp., Global Company Guaranteed Notes (Callable 06/15/10 @ $100.00)

 

(BB-, Ba3)

 

06/15/12

 

7.750

 

100,875

 

75

 

RathGibson, Inc., Global Company Guaranteed Notes (Callable 02/15/10 @ $105.63)ø

 

(NR, NR)

 

02/15/14

 

11.250

 

28,125

 

100

 

Ryerson, Inc., Global Senior Secured Notes (Callable 11/01/11 @ $106.00)

 

(CCC+, Caa1)

 

11/01/15

 

12.000

 

95,500

 

100

 

Steel Dynamics, Inc., Rule 144A, Senior Unsecured Notes (Callable 04/15/12 @ $103.88)‡

 

(BB+, Ba2)

 

04/15/16

 

8.250

 

101,000

 

 

 

 

 

 

 

 

 

 

 

325,500

 

Support-Services (3.7%)

 

 

 

 

 

 

 

 

 

75

 

ARAMARK Corp., Global Company Guaranteed Notes (Callable 02/01/11 @ $104.25)

 

(B, B3)

 

02/01/15

 

8.500

 

76,031

 

100

 

Ashtead Capital, Inc., Rule 144A, Secured Notes (Callable 08/15/11 @ $104.50)‡

 

(B, B2)

 

08/15/16

 

9.000

 

96,500

 

75

 

Corrections Corp. of America, Company Guaranteed Notes (Callable 06/01/13 @ $103.88)

 

(BB, Ba2)

 

06/01/17

 

7.750

 

77,813

 

100

 

Dyncorp International, Series B, Global Senior Subordinated Notes (Callable 02/15/10 @ $102.38)

 

(B+, B1)

 

02/15/13

 

9.500

 

102,500

 

 



 

Par
(000)

 

 

 

Ratings
(S&P/Moody’s)

 

Maturity

 

Rate%

 

Value

 

 

 

 

 

 

 

 

 

 

 

U.S. CORPORATE BONDS

 

 

 

 

 

 

 

 

 

Support-Services

 

 

 

 

 

 

 

 

 

$

75

 

Hertz Corp., Global Company Guaranteed Notes (Callable 01/01/10 @ $104.44)

 

(CCC+, B2)

 

01/01/14

 

8.875

 

$

76,125

 

50

 

Iron Mountain, Inc., Company Guaranteed Notes (Callable 06/15/13 @ $104.00)

 

(B+, B2)

 

06/15/20

 

8.000

 

50,500

 

25

 

Iron Mountain, Inc., Company Guaranteed Notes (Callable 07/01/10 @ $101.10)

 

(B+, B2)

 

01/01/16

 

6.625

 

24,250

 

100

 

Iron Mountain, Inc., Senior Subordinated Notes (Callable 08/15/14 @ $104.19)

 

(B+, B2)

 

08/15/21

 

8.375

 

103,500

 

75

 

JohnsonDiversey Holdings, Inc., Series B, Global Company Guaranteed Notes (Callable 05/15/10 @ $100.00)

 

(B-, B2)

 

05/15/12

 

9.625

 

76,500

 

50

 

JohnsonDiversey Holdings, Inc., Series B, Global Discount Notes (Callable 05/15/10 @ $100.00)

 

(CCC+, Caa1)

 

05/15/13

 

10.670

 

48,250

 

100

 

Mobile Services Group, Inc., Global Company Guaranteed Notes (Callable 08/01/10 @ $104.88)

 

(B+, B2)

 

08/01/14

 

9.750

 

102,250

 

75

 

Rental Service Corp., Global Company Guaranteed Notes (Callable 12/01/10 @ $104.75)

 

(B-, Caa2)

 

12/01/14

 

9.500

 

72,750

 

100

 

Sotheby’s, Global Company Guaranteed Notes

 

(B, B1)

 

06/15/15

 

7.750

 

86,000

 

130

 

Travelport LLC, Global Company Guaranteed Notes (Callable 09/01/10 @ $104.94)

 

(CCC-, B3)

 

09/01/14

 

9.875

 

126,425

 

100

 

United Rentals North America, Inc., Rule 144A, Company Guaranteed Notes (Callable 06/15/13 @ $105.44)‡

 

(B, B2)

 

06/15/16

 

10.875

 

107,500

 

 

 

 

 

 

 

 

 

 

 

1,226,894

 

Telecom - Integrated/Services (5.0%)

 

 

 

 

 

 

 

 

 

125

 

Cincinnati Bell, Inc., Global Company Guaranteed Notes (Callable 02/15/10 @ $103.50)

 

(B+, Ba3)

 

02/15/15

 

7.000

 

121,875

 

200

 

Frontier Communications Corp., Global Senior Unsecured Notes

 

(BB, Ba2)

 

03/15/15

 

6.625

 

192,000

 

125

 

GeoEye, Inc., Rule 144A, Senior Secured Notes (Callable 10/01/13 @ $104.81)‡

 

(B, B1)

 

10/01/15

 

9.625

 

127,187

 

125

 

Hughes Network Systems LLC, Global Company Guaranteed Notes (Callable 04/15/10 @ $104.75)

 

(B, B1)

 

04/15/14

 

9.500

 

126,250

 

325

 

Intelsat Corp., Global Senior Unsecured Notes (Callable 08/15/10 @ $103.13)

 

(BB-, B3)

 

08/15/14

 

9.250

 

334,750

 

125

 

Level 3 Financing, Inc., Global Company Guaranteed Notes (Callable 02/15/10 @ $101.00)#

 

(CCC, Caa1)

 

02/15/15

 

4.601

 

90,000

 

50

 

Level 3 Financing, Inc., Global Company Guaranteed Notes (Callable 03/15/10 @ $106.13)

 

(CCC, Caa1)

 

03/15/13

 

12.250

 

50,750

 

125

 

Paetec Holding Corp., Series WI, Global Company Guaranteed Notes (Callable 07/15/11 @ $104.75)

 

(CCC+, Caa1)

 

07/15/15

 

9.500

 

114,063

 

175

 

Qwest Communications International, Inc., Rule 144A, Company Guaranteed Notes (Callable 10/01/12 @ $104.00)‡

 

(B+, Ba3)

 

10/01/15

 

8.000

 

175,656

 

125

 

Qwest Communications International, Inc., Series B, Global Company Guaranteed Notes (Callable 02/15/10 @ $102.50)

 

(B+, Ba3)

 

02/15/14

 

7.500

 

124,063

 

200

 

Windstream Corp., Global Company Guaranteed Notes (Callable 08/01/11 @ $104.31)

 

(BB, Ba3)

 

08/01/16

 

8.625

 

205,500

 

 

 

 

 

 

 

 

 

 

 

1,662,094

 

Telecom - Wireless (4.1%)

 

 

 

 

 

 

 

 

 

75

 

Centennial Communications Corp., Global Company Guaranteed Notes (Callable 06/15/10 @ $101.69)

 

(B, B2)

 

06/15/13

 

10.125

 

77,625

 

100

 

Cricket Communications, Inc., Global Company Guaranteed Notes (Callable 11/01/10 @ $104.69)

 

(B-, B3)

 

11/01/14

 

9.375

 

102,000

 

75

 

Cricket Communications, Inc., Rule 144A, Senior Secured Notes (Callable 05/15/12 @ $105.81)‡

 

(B+, Ba2)

 

05/15/16

 

7.750

 

76,500

 

50

 

Crown Castle International Corp., Senior Unsecured Notes (Callable 01/15/13 @ $105.62)

 

(B+, B2)

 

01/15/15

 

9.000

 

52,625

 

145

 

MetroPCS Wireless, Inc., Global Company Guaranteed Notes (Callable 11/01/10 @ $104.63)

 

(B, B3)

 

11/01/14

 

9.250

 

148,987

 

450

 

Nextel Communications, Inc., Series F, Company Guaranteed Notes (Callable 03/15/10 @ $101.49)

 

(BB, Ba2)

 

03/15/14

 

5.950

 

400,500

 

75

 

SBA Telecommunications, Inc., Rule 144A, Company Guaranteed Notes (Callable 8/15/12 @ $106.00)‡

 

(BB-, Ba2)

 

08/15/16

 

8.000

 

77,063

 

50

 

SBA Telecommunications, Inc., Rule 144A, Company Guaranteed Notes (Callable 8/15/14 @ $104.13)‡

 

(BB-, Ba2)

 

08/15/19

 

8.250

 

51,750

 

 



 

Par
(000)

 

 

 

Ratings
(S&P/Moody’s)

 

Maturity

 

Rate%

 

Value

 

 

 

 

 

 

 

 

 

 

 

U.S. CORPORATE BONDS

 

 

 

 

 

 

 

 

 

Telecom - Wireless

 

 

 

 

 

 

 

 

 

$

400

 

Sprint Nextel Corp., Senior Unsecured Notes

 

(BB, Ba2)

 

12/01/16

 

6.000

 

$

359,000

 

 

 

 

 

 

 

 

 

 

 

1,346,050

 

Textiles & Apparel (0.5%)

 

 

 

 

 

 

 

 

 

100

 

Levi Strauss & Co., Global Senior Notes (Callable 01/15/10 @ $104.88)

 

(B+, B2)

 

01/15/15

 

9.750

 

104,500

 

75

 

Phillips-Van Heusen Corp., Global Senior Unsecured Notes (Callable 05/01/10 @ $101.35)

 

(BB+, Ba3)

 

05/01/13

 

8.125

 

76,688

 

 

 

 

 

 

 

 

 

 

 

181,188

 

Theaters & Entertainment (0.8%)

 

 

 

 

 

 

 

 

 

150

 

AMC Entertainment, Inc., Global Senior Subordinated Notes (Callable 03/01/10 @ $102.67)

 

(CCC+, Caa1)

 

03/01/14

 

8.000

 

145,500

 

125

 

AMC Entertainment, Inc., Global Senior Unsecured Notes (Callable 06/01/14 @ $104.38)

 

(B-, B1)

 

06/01/19

 

8.750

 

129,688

 

 

 

 

 

 

 

 

 

 

 

275,188

 

Tobacco (0.2%)

 

 

 

 

 

 

 

 

 

75

 

Alliance One International, Inc., Rule 144A, Senior Unsecured Notes (Callable 07/15/13 @ $105.00)‡

 

(B+, B2)

 

07/15/16

 

10.000

 

77,813

 

TOTAL U.S. CORPORATE BONDS (Cost $29,382,594)

 

 

 

 

 

 

 

28,205,018

 

 

 

 

 

 

 

 

 

 

 

FOREIGN CORPORATE BONDS (11.2%)

 

 

 

 

 

 

 

 

 

Aerospace & Defense (0.7%)

 

 

 

 

 

 

 

 

 

250

 

Bombardier, Inc., Rule 144A, Senior Unsecured Notes (Canada)‡

 

(BB+, Ba2)

 

05/01/14

 

6.300

 

242,500

 

 

 

 

 

 

 

 

 

 

 

 

 

Chemicals (1.0%)

 

 

 

 

 

 

 

 

 

225

 

Cognis GmbH, Rule 144A, Senior Secured Notes (Callable 11/15/09 @ $100.00) (Germany)#‡

 

(B-, B2)

 

09/15/13

 

2.299

 

190,125

 

300

 

Ineos Group Holdings PLC, Rule 144A, Secured Notes (Callable 02/15/11 @ $104.25) (United Kingdom)‡

 

(CCC-, Caa3)

 

02/15/16

 

8.500

 

144,000

 

 

 

 

 

 

 

 

 

 

 

334,125

 

Electronics (0.7%)

 

 

 

 

 

 

 

 

 

100

 

Avago Technologies Finance, Global Company Guaranteed Notes (Callable 12/01/10 @ $105.94) (Singapore)

 

(B+, B2)

 

12/01/15

 

11.875

 

109,500

 

150

 

NXP Funding LLC, Series EXCH, Global Senior Secured Notes (Callable 10/15/10 @ $103.94) (Netherlands)

 

(CC, C)

 

10/15/14

 

7.875

 

118,500

 

 

 

 

 

 

 

 

 

 

 

228,000

 

Energy - Exploration & Production (0.2%)

 

 

 

 

 

 

 

 

 

75

 

OPTI Canada, Inc., Global Senior Secured Notes (Callable 12/15/10 @ $104.13) (Canada)

 

(B, Caa1)

 

12/15/14

 

8.250

 

58,500

 

 

 

 

 

 

 

 

 

 

 

 

 

Forestry & Paper (0.5%)

 

 

 

 

 

 

 

 

 

250

 

Abitibi-Consolidated Co. of Canada, Global Company Guaranteed Notes (Canada)ø

 

(D, NR)

 

06/15/11

 

7.750

 

46,250

 

125

 

Smurfit Kappa Funding PLC, Global Senior Subordinated Notes (Callable 01/31/10 @ $103.88) (Ireland)

 

(B, B2)

 

04/01/15

 

7.750

 

110,625

 

 

 

 

 

 

 

 

 

 

 

156,875

 

Gaming (0.8%)

 

 

 

 

 

 

 

 

 

150

 

Codere Finance Luxembourg SA, Rule 144A, Senior Secured Notes (Callable 06/15/10 @ $104.13) (Luxembourg)‡

 

(B, B2)

 

06/15/15

 

8.250

 

199,522

 

50

 

Peermont Global Proprietary, Ltd., Rule 144A, Senior Secured Notes (Callable 04/30/10 @ $105.81) (South Africa)‡

 

(B, B3)

 

04/30/14

 

7.750

 

62,853

 

 

 

 

 

 

 

 

 

 

 

262,375

 

Media - Cable (1.4%)

 

 

 

 

 

 

 

 

 

125

 

Unitymedia GmbH, Rule 144A, Senior Secured Notes (Callable 02/15/10 @ $105.06) (Germany)‡

 

(B+, B2)

 

02/15/15

 

10.125

 

194,589

 

 



 

Par
(000)

 

 

 

Ratings
(S&P/Moody’s)

 

Maturity

 

Rate%

 

Value

 

 

 

 

 

 

 

 

 

 

 

 

 

FOREIGN CORPORATE BONDS

 

 

 

 

 

 

 

 

 

Media - Cable

 

 

 

 

 

 

 

 

 

$

150

 

Virgin Media Finance PLC, Global Company Guaranteed Notes (Callable 04/15/10 @ $103.25) (United Kingdom)

 

(B, B2)

 

04/15/14

 

9.750

 

$

251,897

 

 

 

 

 

 

 

 

 

 

 

446,486

 

Media - Diversified (0.3%)

 

 

 

 

 

 

 

 

 

100

 

Quebecor Media, Inc., Global Senior Unsecured Notes (Callable 03/15/11 @ $103.88) (Canada)

 

(B, B2)

 

03/15/16

 

7.750

 

99,500

 

 

 

 

 

 

 

 

 

 

 

 

 

Metals & Mining - Excluding Steel (1.1%)

 

 

 

 

 

 

 

 

 

75

 

Teck Resources, Ltd., Global Senior Secured Notes (Canada)

 

(BB+, Ba2)

 

05/15/14

 

9.750

 

82,875

 

50

 

Teck Resources, Ltd., Global Senior Secured Notes (Callable 05/15/13 @ $105.13) (Canada)

 

(BB+, Ba2)

 

05/15/16

 

10.250

 

56,750

 

175

 

Teck Resources, Ltd., Global Senior Secured Notes (Callable 05/15/14 @ $105.38) (Canada)

 

(BB+, Ba2)

 

05/15/19

 

10.750

 

204,313

 

 

 

 

 

 

 

 

 

 

 

343,938

 

Oil Field Equipment & Services (0.3%)

 

 

 

 

 

 

 

 

 

100

 

Cie Generale de Geophysique-Veritas, Global Company Guaranteed Notes (Callable 05/15/10 @ $103.75) (France)

 

(BB, Ba3)

 

05/15/15

 

7.500

 

100,000

 

 

 

 

 

 

 

 

 

 

 

 

 

Oil Refining & Marketing (0.3%)

 

 

 

 

 

 

 

 

 

100

 

Petroplus Finance, Ltd., Rule 144A, Senior Notes (Callable 09/15/15 @ $104.69) (Bermuda)‡

 

(BB-, B1)

 

09/15/19

 

9.375

 

99,000

 

 

 

 

 

 

 

 

 

 

 

 

 

Packaging (0.2%)

 

 

 

 

 

 

 

 

 

50

 

Impress Holdings BV, Rule 144A, Company Guaranteed Notes (Callable 09/15/10 @ $104.63) (Netherlands)‡

 

(B-, B3)

 

09/15/14

 

9.250

 

76,008

 

 

 

 

 

 

 

 

 

 

 

 

 

Pharmaceuticals (0.5%)

 

 

 

 

 

 

 

 

 

100

 

Elan Corp. PLC, Rule 144A, Company Guaranteed Notes (Callable 10/15/12 @ $108.75) (Ireland)‡

 

(B, B2)

 

10/15/16

 

8.750

 

98,710

 

75

 

Elan Finance Corp., Global Company Guaranteed Notes (Callable 12/01/10 @ $104.44) (Ireland)

 

(B, B2)

 

12/01/13

 

8.875

 

75,938

 

 

 

 

 

 

 

 

 

 

 

174,648

 

Support-Services (0.2%)

 

 

 

 

 

 

 

 

 

50

 

ISS Financing PLC, Rule 144A, Senior Secured Notes (Callable 12/15/11 @ $105.50) (United Kingdom)‡

 

(B, NR)

 

06/15/14

 

11.000

 

77,713

 

 

 

 

 

 

 

 

 

 

 

 

 

Telecom - Integrated/Services (1.2%)

 

 

 

 

 

 

 

 

 

150

 

BCM Ireland Finance, Ltd., Rule 144A, Senior Secured Notes (Ireland)#‡

 

(CCC+, B3)

 

08/15/16

 

5.873

 

176,500

 

170

 

Global Crossing UK Finance, Global Company Guaranteed Notes (Callable 12/15/09 @ $105.38) (United Kingdom)

 

(B-, B3)

 

12/15/14

 

10.750

 

161,500

 

100

 

Hellas Telecommunications II SCA, Rule 144A, Subordinated Notes (Callable 01/15/10 @ $100.00) (Luxembourg)#‡

 

(C, Ca)

 

01/15/15

 

6.259

 

16,000

 

50

 

Intelsat Subsidiary Holding Co., Ltd., Global Company Guaranteed Notes (Callable 01/15/10 @ $104.44) (Bermuda)

 

(BB-, B3)

 

01/15/15

 

8.875

 

51,125

 

 

 

 

 

 

 

 

 

 

 

405,125

 

Telecom - Wireless (0.4%)

 

 

 

 

 

 

 

 

 

50

 

Wind Acquisition Finance SA, Rule 144A, Senior Notes (Callable 07/15/13 @ $105.88) (Luxembourg)‡

 

(BB-, B2)

 

07/15/17

 

11.750

 

81,311

 

50

 

Wind Acquisition Finance SA, Rule 144A, Senior Notes (Callable 07/15/13 @ $105.88) (Luxembourg)‡

 

(BB-, B2)

 

07/15/17

 

11.750

 

56,625

 

 

 

 

 

 

 

 

 

 

 

137,936

 

Telecommunications Equipment (0.1%)

 

 

 

 

 

 

 

 

 

75

 

Nortel Networks, Ltd., Global Company Guaranteed Notes (Callable 07/15/11 @ $105.38) (Canada)ø

 

(NR, NR)

 

07/15/16

 

10.750

 

43,500

 

 

 

 

 

 

 

 

 

 

 

 

 

Textiles & Apparel (0.2%)

 

 

 

 

 

 

 

 

 

200

 

IT Holding Finance SA, Rule 144A, Company Guaranteed Notes (Luxembourg)ø‡

 

(NR, NR)

 

11/15/12

 

9.875

 

49,698

 

 


 


 

Par
(000)

 

 

 

Ratings
(S&P/Moody’s)

 

Maturity

 

Rate%

 

Value

 

 

 

 

 

 

 

 

 

 

 

 

 

FOREIGN CORPORATE BONDS

 

 

 

 

 

 

 

 

 

Transportation - Excluding Air/Rail (1.1%)

 

 

 

 

 

 

 

 

 

$

 225

 

Navios Maritime Holdings, Inc., Global Company Guaranteed Notes (Callable 12/15/10 @ $104.75) (Marshall Islands)

 

(B+, B3)

 

12/15/14

 

9.500

 

$

213,750

 

150

 

Ship Finance International, Ltd., Global Company Guaranteed Notes (Callable 12/15/09 @ $102.83) (Bermuda)

 

(B+, B1)

 

12/15/13

 

8.500

 

143,812

 

 

 

 

 

 

 

 

 

 

 

357,562

 

TOTAL FOREIGN CORPORATE BONDS (Cost $4,048,225)

 

 

 

 

 

 

 

3,693,489

 

 

 

 

 

 

 

 

 

 

 

BANK LOANS (0.3%)

 

 

 

 

 

 

 

 

 

Energy - Exploration & Production (0.3%)

 

 

 

 

 

 

 

 

 

125

 

ATP Oil & Gas (Cost $93,563)

 

(NR, NR)

 

07/15/14

 

5.750

 

115,082

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of
Shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

COMMON STOCKS (0.1%)

 

 

 

 

 

 

 

 

 

Automobile Parts & Equipment (0.0%)

 

 

 

 

 

 

 

 

 

588

 

Safelite Realty Corp.*^

 

 

 

 

 

 

 

6,644

 

Software/Services (0.1%)

 

 

 

 

 

 

 

 

 

6,429

 

Unisys Corp.*

 

 

 

 

 

 

 

17,166

 

TOTAL COMMON STOCKS (Cost $13,704)

 

 

 

 

 

 

 

23,810

 

 

 

 

 

 

 

 

 

 

 

PREFERRED STOCK (0.1%)

 

 

 

 

 

 

 

 

 

Banks (0.1%)

 

 

 

 

 

 

 

 

 

62

 

Preferred Blocker, Inc., Rule 144A (Callable 12/31/11 @ $1,000)‡ (Cost $12,385)

 

 

 

36,059

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL INVESTMENTS AT VALUE (97.1%) (Cost $33,550,471)

 

 

 

 

 

 

 

32,073,458

 

 

 

 

 

 

 

 

 

 

 

OTHER ASSETS IN EXCESS OF LIABILITIES (2.9%)

 

 

 

 

 

 

 

969,462

 

 

 

 

 

 

 

 

 

 

 

NET ASSETS (100.0%)

 

 

 

 

 

 

 

$

33,042,920

 

 

Forward Foreign Currency
to be Purchased (Local)

 

Forward Foreign Currency
to be Sold (Local)

 

Expiration
Date

 

Value on
Settlement Date

 

Current
Value

 

Unrealized
Appreciation/
(Depreciation)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Open Forward Foreign Currency Contracts

 

USD

 

795,344

 

EUR

 

570,000

 

10/16/09

 

$

(795,344

)

$

(833,161

)

$

(37,817

)

USD

 

126,731

 

EUR

 

89,000

 

10/16/09

 

(126,731

)

(130,090

)

(3,359

)

USD

 

243,780

 

GBP

 

149,750

 

10/16/09

 

(243,779

)

(239,488

)

4,291

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

$

(36,885

)

 

INVESTMENT ABBREVIATION

NR = Not Rated

 


Credit ratings given by the Standard & Poor’s Division of The McGraw-Hill Companies, Inc. (“S&P”) and Moody’s Investors Service, Inc. (“Moody’s”) are unaudited.

Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At September 30, 2009, these securities amounted to a value of $8,508,791 or 25.8% of net assets.

+

Step Bond — The interest rate is as of September 30, 2009 and will reset at a future date.

*

Non-income producing security.

^

Not readily marketable security; security is valued at fair value as determined in good faith by, or under the direction of, the Board of Directors.

#

Variable rate obligations — The interest rate is the rate as of September 30, 2009.

ø

Bond is currently in default.

(1)

Par value of security held is less than 1,000.

 

Currency Abbreviations:

EUR = Euro Currency

GBP = British Pound

 



 

USD = United States Dollar

 

Security Valuation — The net asset value of the Fund is determined daily as of the close of regular trading on the New York Stock Exchange, Inc. (the “Exchange”) on each day the Exchange is open for business. Debt securities with a remaining maturity greater than 60 days are valued in accordance with the price supplied by a pricing service, which may use a matrix, formula or other objective method that takes into consideration market indices, yield curves and other specific adjustments. Debt obligations that will mature in 60 days or less are valued on the basis of amortized cost, which approximates market value, unless it is determined that using this method would not represent fair value. Equity investments are valued at market value, which is generally determined using the closing price on the exchange or market on which the security is primarily traded at the time of valuation (the “Valuation Time”). If no sales are reported, equity investments are generally valued at the most recent bid quotation as of the Valuation Time or at the lowest asked quotation in the case of a short sale of securities. Investments in mutual funds are valued at the mutual fund’s closing net asset value per share on the day of valuation. Securities and other assets for which market quotations are not readily available, or whose values have been materially affected by events occurring before the Fund’s Valuation Time but after the close of the securities’ primary markets, are valued at fair value as determined in good faith by, or under the direction of, the Board of Directors under procedures established by the Board of Directors. The Fund may utilize a service provided by an independent third party which has been approved by the Board of Directors to fair value certain securities. When fair-value pricing is employed, the prices of securities used by a fund to calculate its net asset value may differ from quoted or published prices for the same securities.

 

The Fund adopted Financial Accounting Standards Board (“FASB”) Statement of Financial Accounting Standards No. 157, Fair Value Measurements (“FAS 157”), effective January 1, 2008. In accordance with FAS 157, fair value is defined as the price that the Fund would receive upon selling an investment in a timely transaction to an independent buyer in the principal or most advantageous market of the investment. FAS 157 established a three-tier hierarchy to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk, for example, the risk inherent in a particular valuation technique used to measure fair value including such a pricing model and/or the risk inherent in the inputs to the valuation technique. Inputs may be observable or unobservable. Observable inputs are inputs that reflect the assumptions market participants would use in pricing the asset or liability developed based on market data obtained from sources independent of the reporting entity. Unobservable inputs are inputs that reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. The three-tier hierarchy of inputs is summarized in the three broad Levels listed below.

 

·

Level 1 – quoted prices in active markets for identical investments

·

Level 2 – other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

·

Level 3 – significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

 

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

 

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

 



 

 

 

Level 1

 

Level 2

 

Level 3

 

Total

 

Investments in Securities

 

 

 

 

 

 

 

 

 

U.S. Corporate Bonds

 

 

 

 

 

 

 

 

 

Aerospace & Defense

 

$

 

$

418,837

 

$

 

$

418,837

 

Agriculture

 

 

120,150

 

 

120,150

 

Auto Loans

 

 

598,699

 

 

598,699

 

Auto Parts & Equipment

 

 

482,450

 

 

482,450

 

Banks

 

 

1,020,683

 

 

1,020,683

 

Beverages

 

 

125,000

 

 

125,000

 

Brokerage

 

 

66,375

 

 

66,375

 

Building & Construction

 

 

506,450

 

 

506,450

 

Building Materials

 

 

351,750

 

 

351,750

 

Chemicals

 

 

745,940

 

 

745,940

 

Computer Hardware

 

 

122,375

 

 

122,375

 

Consumer Products

 

 

343,625

 

 

343,625

 

Diversified Capital Goods

 

 

946,065

 

 

946,065

 

Electric - Generation

 

 

1,726,094

 

 

1,726,094

 

Electric - Integrated

 

 

356,250

 

 

356,250

 

Electronics

 

 

536,362

 

 

536,362

 

Energy - Exploration & Production

 

 

1,925,853

 

 

1,925,853

 

Environmental

 

 

408,438

 

 

408,438

 

Food & Drug Retailers

 

 

549,750

 

 

549,750

 

Food - Wholesale

 

 

252,313

 

 

252,313

 

Forestry & Paper

 

 

694,294

 

 

694,294

 

Gaming

 

 

1,357,426

 

 

1,357,426

 

Gas Distribution

 

 

1,050,447

 

 

1,050,447

 

Health Services

 

 

2,100,750

 

 

2,100,750

 

Hotels

 

 

225,875

 

 

225,875

 

Household Products

 

 

157,500

 

 

157,500

 

Investments & Misc. Financial Services

 

 

65,250

 

 

65,250

 

Leisure

 

 

74,910

 

 

74,910

 

Machinery

 

 

298,250

 

 

298,250

 

Media - Broadcast

 

 

358,129

 

 

358,129

 

Media - Cable

 

 

1,367,685

 

 

1,367,685

 

Media - Services

 

 

302,125

 

 

302,125

 

Metals & Mining - Excluding Steel

 

 

329,948

 

 

329,948

 

Non-Food & Drug Retailers

 

 

500,000

 

 

500,000

 

Oil Field Equipment & Services

 

 

627,693

 

 

627,693

 

Oil Refining & Marketing

 

 

197,750

 

 

197,750

 

Packaging

 

 

549,935

 

 

549,935

 

Printing & Publishing

 

 

218,089

 

 

218,089

 

Railroads

 

 

155,813

 

 

155,813

 

Retail

 

 

125,781

 

 

125,781

 

Software/Services

 

 

749,182

 

 

749,182

 

Steel Producers/Products

 

 

325,500

 

 

325,500

 

Support-Services

 

 

1,226,894

 

 

1,226,894

 

Telecom - Integrated/Services

 

 

1,662,094

 

 

1,662,094

 

Telecom - Wireless

 

 

1,346,050

 

 

1,346,050

 

Textiles & Apparel

 

 

181,188

 

 

181,188

 

Theaters & Entertainment

 

 

275,188

 

 

275,188

 

Tobacco

 

 

77,813

 

 

77,813

 

Foreign Corporate Bonds

 

 

 

 

 

 

 

 

 

Aerospace & Defense

 

 

242,500

 

 

242,500

 

Chemicals

 

 

334,125

 

 

334,125

 

Electronics

 

 

228,000

 

 

228,000

 

Energy - Exploration & Production

 

 

58,500

 

 

58,500

 

 



 

Forestry & Paper

 

 

156,875

 

 

156,875

 

Gaming

 

 

262,375

 

 

262,375

 

Media - Cable

 

 

446,486

 

 

446,486

 

Media - Diversified

 

 

99,500

 

 

99,500

 

Metals & Mining - Excluding Steel

 

 

343,938

 

 

343,938

 

Oil Field Equipment & Services

 

 

100,000

 

 

100,000

 

Oil Refining & Marketing

 

 

99,000

 

 

99,000

 

Packaging

 

 

76,008

 

 

76,008

 

Pharmaceuticals

 

 

174,648

 

 

174,648

 

Support-Services

 

 

77,713

 

 

77,713

 

Telecom - Integrated/Services

 

 

405,125

 

 

405,125

 

Telecom - Wireless

 

 

137,936

 

 

137,936

 

Telecommunications Equipment

 

 

43,500

 

 

43,500

 

Textiles & Apparel

 

 

49,698

 

 

49,698

 

Transportation - Excluding Air/Rail

 

 

357,562

 

 

357,562

 

Bank Loans

 

 

 

 

 

 

 

 

 

Energy - Exploration & Production

 

 

115,082

 

 

115,082

 

Common Stocks

 

 

 

 

 

 

 

 

 

Automobile Parts & Equipment

 

 

 

6,644

 

6,644

 

Software/Services

 

17,166

 

 

 

17,166

 

Preferred Stocks

 

 

 

 

 

 

 

 

 

Banks

 

36,059

 

 

 

36,059

 

Other Financial Instruments*

 

 

 

 

 

 

 

 

 

Forward Foreign Currency Contracts

 

(36,885

)

 

 

(36,885

)

 

 

$

16,340

 

$

32,013,589

 

$

6,644

 

$

32,036,573

 

 


*Other financial instruments include futures, forwards and swap contracts.

 

As of September 30, 2009, the amounts shown by the Fund as being Level 3 securities that were measured at fair value amounted to .02% of net assets.

 

Federal Income Tax Cost – At September 30, 2009, the identified cost for federal income tax purposes, as well as the gross unrealized appreciation from investments for those securities having an excess of value over cost, gross unrealized depreciation from investments for those securities having an excess of cost over value and the net unrealized depreciation from investments were $33,550,471, $1,676,151, $(3,153,164) and $(1,477,013), respectively.

 

Other information regarding the Fund is available in the Fund’s most recent Report to Shareholders. This information is also available on the Fund’s website at www.credit-suisse.com/us as well as on the website of the Securities and Exchange Commission at www.sec.gov.

 



 

Item 2:           Controls and Procedures

 

(a)        As of a date within 90 days from the filing date of this report, the principal executive officer and principal financial officer concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940 (the “Act”)), were effective based on their evaluation of the disclosure controls and procedures required by Rule 30a-3(b) under the Act and Rules 13a-15(b) or 15d-15(b) under the Securities and Exchange Act of 1934.

 

(b)        There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Act) that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.

 

Item 3:           Exhibits

 

1.                         The certifications of the registrant as required by Rule 30a-2(a) under the Act are exhibits to this report.

 



 

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.

 

 

CREDIT SUISSE GLOBAL HIGH YIELD FUND, INC.

 

/s/George R. Hornig

 

Name:

George R. Hornig

Title:

Chief Executive Officer

Date:

November 10, 2009

 

 

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.

 

/s/George R. Hornig

 

Name:

George R. Hornig

Title:

Chief Executive Officer

Date:

November 10, 2009

 

 

/s/Michael A. Pignataro

 

Name:

Michael A. Pignataro

Title:

Chief Financial Officer

Date:

November 10, 2009

 


EX-99.CERT 2 a09-31912_4ex99dcert.htm EX-99.CERT

Exhibit 99.CERT

 

I, George R. Hornig, certify that:

 

1.             I have reviewed this report on Form N-Q of Credit Suisse Global High Yield Fund, Inc.;

 

2.             Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3.             Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;

 

4.             The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

 

(a)           Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

(b)           Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

(c)           Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and

 

(d)           Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5.             The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

(a)           All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

 

(b)           Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

Date:       November 10, 2009

 



 

/s/George R. Hornig

 

Name:

George R. Hornig

Title:

Chief Executive Officer

 



 

I, Michael A. Pignataro, certify that:

 

1.             I have reviewed this report on Form N-Q of Credit Suisse Global High Yield Fund, Inc.;

 

2.             Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3.             Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;

 

4.             The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

 

(a)           Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

(b)           Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

(c)           Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and

 

(d)           Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5.             The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

(a)           All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

 

(b)           Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

Date:       November 10, 2009

 



 

/s/Michael A. Pignataro

 

Name:

Michael A. Pignataro

Title:

Chief Financial Officer

 


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