N-Q 1 dnq.htm ALLIANCEBERNSTEIN TRUST AllianceBernstein Trust

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM N-Q

 

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

 

Investment Company Act file number: 811-10221

 

 

ALLIANCEBERNSTEIN TRUST

(Exact name of registrant as specified in charter)

 

 

1345 Avenue of the Americas, New York, New York   10105
(Address of principal executive offices)   (Zip code)

 

Joseph J. Mantineo

AllianceBernstein, L.P.

1345 Avenue of the Americas

New York, New York 10105

(Name and address of agent for service)

 

Registrant’s telephone number, including area code: (800) 221-5672

 

Date of fiscal year end: November 30, 2007

 

Date of reporting period: August 31, 2007

ITEM 1. SCHEDULE OF INVESTMENTS.

AllianceBernstein Global Value Fund

Portfolio of Investments

August 31, 2007 (unaudited)

 

Company

    Shares    U.S. $ Value

COMMON STOCKS - 97.4%

      

Financials - 32.4%

      

Capital Markets - 3.3%

      

Credit Suisse Group (a)

    95,800    $ 6,287,178

Deutsche Bank AG

    25,200      3,111,208

The Goldman Sachs Group, Inc.

    11,500      2,024,115

Merrill Lynch & Co., Inc.

    65,900      4,856,830
         
        16,279,331
         

Commercial Banks - 7.4%

      

Bank Hapoalim BM

    204,400      974,138

Bank Leumi Le-Israel

    217,500      849,659

Barclays PLC

    334,000      4,140,135

BNP Paribas SA

    58,300      6,119,989

Can Imperial Bank Of Commerce

    33,800      3,063,125

HBOS PLC

    282,320      5,018,469

Industrial Bank Of Korea

    31,400      685,597

Kookmin Bank

    7,000      567,835

Royal Bank of Scotland Group PLC

    566,537      6,583,252

Shinhan Financial Group Co., Ltd.

    18,060      1,107,261

Standard Bank Group Ltd.

    55,600      815,270

State Bank of India Ltd. (GDR)

    17,280      1,592,161

Sumitomo Mitsui Financial Group, Inc.

    565      4,456,714

Unibanco - Uniao de Bancos Brasileiros SA (GDR)

    9,300      1,037,694
         
        37,011,299
         

Consumer Finance - 1.0%

      

ORIX Corp.

    23,190      4,923,521
         

Diversified Financial Services - 7.0%

      

Bank of America Corp.

    117,110      5,935,135

Citigroup, Inc.

    174,300      8,171,184

Fortis

    126,400      4,635,937

ING Groep NV

    197,800      7,960,756

JPMorgan Chase & Co.

    178,200      7,933,464
         
        34,636,476
         

Insurance - 10.8%

      

Allianz SE

    39,700      8,508,070

American International Group, Inc.

    48,900      3,227,400

Aviva PLC

    296,991      4,254,488

Fondiaria-Sai SpA (ordinary shares)

    58,400      2,746,415

Friends Provident PLC

    580,964      2,101,688

Genworth Financial, Inc.-Class A

    90,800      2,631,384

Hartford Financial Services Group, Inc.

    18,100    1,609,271

ING Canada, Inc.

    55,638    2,388,324

MBIA, Inc.

    25,383    1,522,980

MetLife, Inc.

    72,400    4,637,220

Muenchener Rueckversicherungs AG

    44,171    7,628,596

Partnerre, Ltd.

    14,700    1,068,837

QBE Insurance Group Ltd.

    106,520    3,035,679

Sanlam, Ltd.

    283,350    855,770

The Travelers Cos, Inc.

    85,630    4,327,740

XL Capital Ltd.-Class A

    42,100    3,208,020
       
      53,751,882
       

Real Estate Management & Development - 0.3%

      

Sino Land Co.

    582,869    1,362,973
       

Thrifts & Mortgage Finance - 2.6%

      

Countrywide Financial Corp.

    32,400    643,140

Federal Home Loan Mortgage Corp.

    91,100    5,612,671

Federal National Mortgage Association

    104,800    6,875,928
       
      13,131,739
       
      161,097,221
       

Consumer Discretionary - 11.8%

      

Auto Components - 1.5%

      

Compagnie Generale des Etablissements Michelin-Class B

    47,300    5,936,817

Hyundai Mobis

    12,590    1,353,616
       
      7,290,433
       

Automobiles - 2.9%

      

Honda Motor Co. Ltd.

    44,600    1,465,910

Nissan Motor Co., Ltd.

    603,200    5,762,294

Renault SA

    52,400    7,039,366
       
      14,267,570
       

Hotels Restaurants & Leisure - 0.8%

      

McDonald’s Corp.

    77,200    3,802,100
       

Household Durables - 1.4%

      

Black & Decker Corp.

    19,100    1,656,925

Sharp Corp.

    247,000    4,293,502

Taylor Wimpey PLC

    177,984    1,251,055
       
      7,201,482
       

Internet & Catalog Retail - 0.7%

      

Home Retail Group PLC

    446,500    3,740,521
       

Media - 2.8%

      

CBS Corp.-Class B

    176,900    5,574,119

Comcast Corp.-Special-Class A (b)

    63,200    1,634,352

Lagardere SCA

    30,713    2,500,083

Time Warner, Inc.

    210,500    3,995,290
       
      13,703,844
       

Multiline Retail - 0.8%

      

Macy’s, Inc.

    128,200    4,066,504
       

Specialty Retail - 0.2%

      

Office Depot, Inc. (b)

    40,700    995,115
       

Textiles Apparel & Luxury Goods - 0.7%

      

VF Corp.

    43,000    3,433,550
       
      58,501,119
       

Energy - 11.5%

      

Oil, Gas & Consumable Fuels - 11.5%

      

BP PLC

    112,900    1,268,759

Chevron Corp.

    104,200    9,144,592

China Petroleum & Chemical Corp.-Class H

    810,000    892,124

ConocoPhillips

    60,450    4,950,251

ENI SpA

    189,550    6,547,366

Exxon Mobil Corp.

    52,700    4,517,971

Husky Energy, Inc.

    62,900    2,308,120

Marathon Oil Corp.

    82,300    4,435,147

OMV AG

    23,300    1,443,785

Petroleo Brasileiro SA (NY) (ADR)

    48,900    2,602,947

PTT PCL

    88,500    753,191

Repsol YPF SA

    128,100    4,616,004

Royal Dutch Shell PLC (London)-Class A

    140,100    5,426,708

Total SA

    107,300    8,046,824
       
      56,953,789
       

Materials - 11.3%

      

Chemicals - 3.8%

      

BASF AG

    63,300    8,369,016

Dow Chemical Co.

    104,700    4,463,361

Hanwha Chem Corp.

    35,200    921,435

Mitsubishi Chemical Holdings Corp.

    158,500    1,481,095

Mitsui Chemicals, Inc.

    393,000    3,557,413
       
      18,792,320
       

Metals & Mining - 7.5%

      

Antofagasta PLC

    33,600    483,502

Arcelor Mittal (Euronext Amsterdam)

    58,200    3,834,229

China Steel Corp. (GDR)

    20,622    554,732

Gerdau SA (ADR)

    71,600    1,721,264

Hyundai Steel Co.

    26,590    2,127,161

JFE Holdings, Inc.

    114,200    7,435,855

Kazakhmys PLC

    83,000    2,133,166

Mittal Steel Co. NV (Euronext Paris)

    35,322    2,316,643

Posco

    5,400    3,304,703

Teck Cominco Ltd.-Class B

    105,400    4,491,477

Xstrata PLC

    95,210    5,601,755

Zinifex Ltd.

    227,900    3,128,956
       
      37,133,443
       
      55,925,763
       

Industrials - 8.0%

      

Aerospace & Defense - 1.8%

      

BAE Systems PLC

    224,100    2,097,746

European Aeronautic Defence & Space Co., NV

    85,600    2,529,024

Northrop Grumman Corp.

    53,000    4,178,520
       
      8,805,290
       

Airlines - 1.5%

      

Air France-KLM

    68,200    2,822,608

Deutsche Lufthansa AG

    152,300    4,442,104
       
      7,264,712
       

Industrial Conglomerates - 2.3%

      

General Electric Co.

    258,300    10,040,121

Tyco International Ltd.

    33,350    1,472,736
       
      11,512,857
       

Machinery - 0.5%

      

Eaton Corp.

    28,100    2,647,582
       

Marine - 1.1%

      

Mitsui OSK Lines Ltd.

    324,000    4,759,456

Nippon Yusen KK

    86,000    848,021
       
      5,607,477
       

Transportation Infrastructure - 0.8%

      

Macquarie Airports Management Ltd.

    590,965    2,102,584

Macquarie Infrastructure Group

    713,279    1,925,777
       
      4,028,361
       
      39,866,279
       

Health Care - 5.5%

      

Health Care Equipment & Supplies - 0.3%

      

Covidien Ltd. (b)

    33,350    1,328,331
       

Health Care Providers & Services - 0.6%

      

McKesson Corp.

    54,200    3,100,782
       

Pharmaceuticals - 4.6%

      

AstraZeneca PLC

    116,800    5,756,305

GlaxoSmithKline PLC

    99,500    2,596,610

Merck & Co., Inc.

    79,100    3,968,447

Pfizer, Inc.

    212,900    5,288,436

Sanofi-Aventis

    65,661    5,377,797
       
      22,987,595
       
      27,416,708
       

Information Technology - 5.4%

      

Computers & Peripherals - 2.5%

      

CMC Magnetics Corp. (b)

    731,000    321,058

Compal Electronics, Inc. (GDR) (c)

    150,781    856,436

Compal Electronics, Inc.

    274,290    303,656

International Business Machines Corp.

    56,100    6,546,309

Toshiba Corp.

    473,000    4,252,660
       
      12,280,119
       

 

Electronic Equipment & Instruments - 0.8%

      

AU Optronics Corp.

    838,364    1,222,920

Flextronics International Ltd. (b)

    129,500    1,475,005

Tyco Electronics Ltd. (b)

    33,350    1,162,914
       
      3,860,839
       

Office Electronics - 0.3%

      

Canon, Inc.

    31,500    1,798,003
       

Semiconductors & Semiconductor Equipment - 0.9%

      

Hynix Semiconductor, Inc. (b)

    30,800    1,109,766

Samsung Electronics Co., Ltd.

    1,500    945,584

Siliconware Precision Industries Co.

    190,689    389,062

Taiwan Semiconductor Manufacturing Co. Ltd. (ADR)

    91,076    903,474

United Microelectronics Corp.

    1,687,000    952,374
       
      4,300,260
       

Software - 0.9%

      

Microsoft Corp.

    160,400    4,608,292
       
      26,847,513
       

Consumer Staples - 4.5%

      

Beverages - 0.2%

      

PepsiCo, Inc.

    13,600    925,208
       

Food & Staples Retailing - 1.5%

      

The Kroger Co.

    130,200    3,460,716

Safeway, Inc.

    122,900    3,899,617
       
      7,360,333
       

Food Products - 1.6%

      

Kraft Foods, Inc.-Class A

    158,220    5,072,533

Sara Lee Corp.

    167,800    2,788,836
       
      7,861,369
       

Household Products - 0.1%

      

Clorox Co.

    11,600    693,680
       

Tobacco - 1.1%

      

Altria Group, Inc.

    76,050    5,278,631
       
      22,119,221
       

Utilities - 4.1%

      

Electric Utilities - 4.1%

      

American Electric Power Co., Inc.

    27,650    1,229,872

E.ON AG

    46,000    7,712,214

Entergy Corp.

    25,000    2,590,500

Kyushu Electric Power Co., Inc.

    164,100    4,379,138

The Tokyo Electric Power Co.

    170,100    4,461,274
       
      20,372,998
       

Telecommunication Services - 2.9%

      

Diversified Telecommunication Services - 0.2%

      

China Netcom Group Corp. Ltd.

    452,000    1,092,753
       

Wireless Telecommunication Services - 2.7%

      

Sprint Nextel Corp.

    275,500    5,212,460

Vodafone Group PLC

    2,535,412    8,193,577
       
      13,406,037
       
      14,498,790
       

Total Common Stocks
(cost $401,904,753)

       483,599,401
       

 

NON-CONVERTIBLE - PREFERRED STOCKS - 0.6%

      

Materials - 0.5%

      

Metals & Mining - 0.5%

      

Usinas Siderurgicas de Minas Gerais SA

    38,300      2,281,407
         

Information Technology - 0.1%

      

Semiconductors & Semiconductor Equipment - 0.1%

      

Samsung Electronics Co., Ltd.

    1,300      610,179
         

Total Non-Convertible - Preferred Stocks
(cost $1,221,738)

         2,891,586
         

SHORT-TERM INVESTMENTS - 1.1%

      

Investment Companies - 1.1%

      

AllianceBernstein Fixed-Income Shares, Inc. - Government STIF Portfolio (d)
(cost $5,308,035)

    5,308,035      5,308,035
         

Total Investments - 99.1%
(cost $408,434,526)

         491,799,022

Other assets less liabilities - 0.9%

         4,697,235
         

Net Assets - 100.0%

       $ 496,496,257
         

FINANCIAL FUTURES CONTRACTS

 

Type

    Number of
Contracts		    Expiration Month    Original
Value		    Value at
August 31,
2007		    Unrealized
Appreciation/
(Depreciation)		  

Purchased Contracts

               

FTSE 100 Index Future

    16    September 2007    $ 2,147,589    $ 2,037,381    $ (110,208 )

FORWARD CURRENCY EXCHANGE CONTRACTS

 

     Contract
Amount
(000)		    U.S. $
Value on
Origination
Date		    U.S. $
Value at
August 31,
2007		    Unrealized
Appreciation/
(Depreciation)		  

Buy Contracts:

            

Swiss Franc settling 9/18/07

    6,977    $ 5,798,221    $ 5,781,060    $ (17,161 )

Sale Contracts:

            

Swiss Franc settling 9/18/07

    6,977      5,661,311      5,781,060      (119,749 )

(a) Position, or a portion thereof, has been segregated to collateralize forward currency exchange contracts. The market value of this security amounted to $6,287,178.

 

(b) Non-income producing security.

 

(c) Security is exempt from registration under Rule 144A of the Securities Act of 1933. This security is considered liquid and may be resold in transactions exempt from registration, normally to qualified institutional buyers. At August 31, 2007, the market value of this security amounted to $856,436 or 0.2% of net assets.

 

(d) Investment in affiliated money market mutual fund.

An amount equivalent to U.S. $96,780 has been segregated to collateralize margin requirements for the open futures contracts at August 31, 2007.

Please note: The sector classifications presented herein are based on the Global Industry Classification Standard (GICS) which was developed by Morgan Stanley Capital International and Standard and Poor’s. The components are divided into sector, industry group, and industry sub-indices as classified by the GICS for each of the market capitalization indices in the Broad Market.

Glossary:

 

ADR    –    American Depositary Receipt
GDR    –    Global Depositary Receipt

Country Breakdown*     
38.3%   

United States

11.2%   

United Kingdom

11.0%   

Japan

8.1%   

Germany

7.7%   

France

4.5%   

Netherlands

2.6%   

South Korea

2.5%   

Canada

2.1%   

Australia

1.9%   

Italy

1.6%   

Brazil

1.3%   

Switzerland

1.1%   

Taiwan

5.0%   

Other

1.1%   

Short-Term Investments

    
100.0%   

Total Investments

    

 

* All data are as of August 31, 2007. The Fund’s country breakdown is expressed as a percentage of total investments and may vary over time. ‘Other’ country weightings represents 1.1% or less in the following countries: Austria, Belgium, Bermuda, Cayman Islands, China, Hong Kong, India, Israel, Singapore, South Africa, Spain, Thailand.

AllianceBernstein International Value Fund

Portfolio of Investments

August 31, 2007 (unaudited)

 

Company

    Shares    U.S. $ Value

COMMON STOCKS - 95.3%

      

Financials - 34.3%

      

Capital Markets - 3.3%

      

Credit Suisse Group

    3,677,700    $ 241,360,679

Deutsche Bank AG

    1,352,100      166,931,156
         
        408,291,835
         

Commercial Banks - 17.0%

      

Bank Hapoalim BM

    3,986,578      18,999,396

Barclays PLC

    19,316,200      239,436,172

BNP Paribas SA

    2,369,120      248,696,210

Credit Agricole SA

    6,818,805      256,133,443

HBOS PLC

    16,662,910      296,196,874

Kookmin Bank

    1,131,500      91,786,430

Mitsubishi UFJ Financial Group, Inc.

    20,416      195,714,115

Royal Bank of Scotland Group PLC

    26,457,202      307,436,987

Societe Generale

    1,426,228      229,018,327

Sumitomo Mitsui Financial Group, Inc.

    30,045      236,994,632
         
        2,120,412,586
         

Consumer Finance - 1.7%

      

ORIX Corp.

    1,027,110      218,068,018
         

Diversified Financial Services - 4.4%

      

Fortis (Euronext Amsterdam)

    1,292,700      47,380,776

Fortis (Euronext Brussels)

    3,674,500      134,768,590

ING Groep NV

    9,094,402      366,017,804
         
        548,167,170
         

Insurance - 7.4%

      

Allianz SE

    1,606,245      344,232,868

Aviva PLC

    10,162,349      145,578,779

Fondiaria-Sai SpA (ordinary shares)

    2,269,348      106,722,118

Fondiaria-Sai SpA (saving shares)

    184,200      5,933,987

Muenchener Rueckversicherungs AG

    1,890,500      326,500,640
         
        928,968,392
         

Real Estate Management & Development - 0.5%

      

Leopalace21 Corp.

    647,300      19,957,671

Sino Land Co.

    17,118,382      40,029,395
         
        59,987,066
         
        4,283,895,067
         

Materials - 13.9%

      

Chemicals - 4.0%

      

BASF AG

    2,126,600      281,161,912

Mitsubishi Chemical Holdings Corp.

    16,937,000      158,266,898

Mitsui Chemicals, Inc.

    7,024,000      63,580,845
         
        503,009,655
         

Construction Materials - 0.7%

      

Buzzi Unicem SpA

    1,576,061    45,345,382

Italcementi SpA

    1,492,200    37,001,931
       
      82,347,313
       

Metals & Mining - 8.4%

      

Antofagasta PLC

    6,406,758    92,192,908

Arcelor Mittal (Euronext Amsterdam)

    1,236,900    81,487,244

JFE Holdings, Inc.

    4,372,500    284,704,690

Kazakhmys PLC

    3,907,400    100,423,308

Mittal Steel Co. NV (Euronext Paris)

    1,676,695    109,968,379

Posco

    314,900    192,713,132

Xstrata PLC

    3,216,680    189,255,884
       
      1,050,745,545
       

Paper & Forest Products - 0.8%

      

Stora Enso Oyj-Class R

    3,596,200    64,790,373

Svenska Cellulosa AB

    1,545,300    26,871,068
       
      91,661,441
       
      1,727,763,954
       

Energy - 10.9%

      

Oil, Gas & Consumable Fuels - 10.9%

      

China Petroleum & Chemical Corp.-Class H

    112,791,500    124,227,217

ENI SpA

    8,202,600    283,331,177

Petroleo Brasileiro SA (NY) (ADR)

    4,757,000    253,215,110

Repsol YPF SA

    3,254,100    117,259,473

Royal Dutch Shell PLC (London)-Class A

    8,283,500    320,857,482

Total SA

    3,448,700    258,630,776
       
      1,357,521,235
       

Consumer Discretionary - 9.6%

      

Auto Components - 2.6%

      

Compagnie Generale des Etablissements Michelin-Class B

    1,518,200    190,555,495

Hyundai Mobis

    1,231,300    132,383,485
       
      322,938,980
       

Automobiles - 4.6%

      

Nissan Motor Co., Ltd.

    23,004,600    219,760,061

Renault SA

    2,579,000    346,460,383
       
      566,220,444
       

Household Durables - 1.7%

      

Sharp Corp.

    10,823,000    188,131,866

Taylor Wimpey PLC

    3,914,606    27,515,891
       
      215,647,757
       

Media - 0.7%

      

Lagardere SCA

    1,072,900    87,335,640
       
      1,192,142,821
       

Information Technology - 6.8%

      

Computers & Peripherals - 2.9%

      

Compal Electronics, Inc. (GDR) (a)

    6,905,939    39,225,733

Fujitsu, Ltd.

    16,679,000    113,948,456

Toshiba Corp.

    23,532,000    211,572,082
       
      364,746,271
       

Electronic Equipment & Instruments - 0.7%

      

AU Optronics Corp.

    61,356,683    89,500,878
       

Semiconductors & Semiconductor Equipment - 3.2%

      

Hynix Semiconductor, Inc. (b)

    4,336,600    156,253,567

Samsung Electronics Co., Ltd.

    90,500    57,050,269

Siliconware Precision Industries Co.

    17,793,246    36,303,463

United Microelectronics Corp.

    249,295,399    140,736,484
       
      390,343,783
       
      844,590,932
       

Industrials - 5.6%

      

Aerospace & Defense - 1.8%

      

BAE Systems PLC

    15,491,500    145,012,147

European Aeronautic Defence & Space Co., NV

    2,828,712    83,573,373
       
      228,585,520
       

Airlines - 1.4%

      

Air France-KLM

    2,342,518    96,950,278

Deutsche Lufthansa AG

    2,812,700    82,037,471
       
      178,987,749
       

Machinery - 0.1%

      

Sumitomo Heavy Industries Ltd.

    784,000    8,764,424
       

Marine - 2.3%

      

Mitsui OSK Lines Ltd.

    12,396,000    182,093,250

Nippon Yusen KK

    10,173,000    100,313,058
       
      282,406,308
       
      698,744,001
       

Utilities - 5.6%

      

Electric Utilities - 4.2%

      

E.ON AG

    2,376,300    398,402,920

The Tokyo Electric Power Co.

    4,613,200    120,992,047
       
      519,394,967
       

Multi-Utilities - 1.4%

      

RWE AG

    1,552,840    174,578,551
       
      693,973,518
       

Telecommunication Services - 3.8%

      

Diversified Telecommunication Services - 1.8%

      

China Netcom Group Corp. Ltd.

    41,571,500    100,502,994

Nippon Telegraph & Telephone Corp.

    27,901    128,446,881
       
      228,949,875
       

Wireless Telecommunication Services - 2.0%

      

Vodafone Group PLC

    77,815,865    251,474,040
       
      480,423,915
       

Health Care - 3.6%

      

Pharmaceuticals - 3.6%

      

AstraZeneca PLC

    3,036,000      149,624,507

GlaxoSmithKline PLC

    4,794,900      125,130,522

Sanofi-Aventis

    2,120,482      173,672,667
         
        448,427,696
         

Consumer Staples - 1.2%

      

Food & Staples Retailing - 1.2%

      

Koninklijke Ahold NV (b)

    11,500,080      154,119,636
         

Total Common Stocks
(cost $10,441,621,219)

         11,881,602,775
         

NON-CONVERTIBLE - PREFERRED STOCKS - 0.5%

      

Information Technology - 0.5%

      

Semiconductors & Semiconductor Equipment - 0.5%

      

Samsung Electronics Co., Ltd.
(cost $63,418,510)

    127,600      59,891,418
         

SHORT-TERM INVESTMENTS - 2.3%

      

Investment Companies - 2.3%

      

AllianceBernstein Fixed-Income Shares, Inc. - Government STIF Portfolio (c)
(cost $294,283,387)

    294,283,387      294,283,387
         

Total Investments – 98.1%
(cost $10,799,323,116)

         12,235,777,580

Other assets less liabilities - 1.9%

         236,867,405
         

Net Assets - 100.0%

       $ 12,472,644,985
         

FINANCIAL FUTURES CONTRACTS

 

Type

    Number of
Contracts		   

Expiration

Month

   

Original

Value

   

Value at
August 31,

2007

    Unrealized
Appreciation/
(Depreciation)		  

Purchased Contracts

               

EURO STOXX 50

    2,476    September 2007    $ 149,387,042    $ 144,901,046    $ (4,485,996 )

 

(a) Security is exempt from registration under Rule 144A of the Securities Act of 1933. This security is considered liquid and may be resold in transactions exempt from registration, normally to qualified institutional buyers. At August 31, 2007, the market value of this security amounted to $39,225,733 or 0.3% of net assets.

 

(b) Non-income producing security.

 

(c) Investment in affiliated money market mutual fund.

An amount equivalent to U.S. $10,624,728 has been segregated to collateralize margin requirements for the open futures contracts at August 31, 2007.

Please note: The sector classifications presented herein are based on the Global Industry Classification Standard (GICS) which was developed by Morgan Stanley Capital International and Standard and Poor’s. The components are divided into sector, industry group, and industry sub-indices as classified by the GICS for each of the market capitalization indices in the Broad Market.

Glossary:

ADR             -        American Depositary Receipt

GDR            -        Global Depositary Receipt

Country Breakdown*       
20.0%      Japan
16.9%      United Kingdom
15.4%      France
14.5%      Germany
9.5%      Netherlands
5.6%      South Korea
3.9%      Italy
2.5%      Taiwan
2.1%      Brazil
2.0%      Switzerland
1.2%      Hong Kong
1.1%      Belgium
1.0%      China
1.9%      Other
2.4%      Short-Term Investments
      
100.0%      Total Investments
      

 

* All data are as of August 31, 2007. The Fund’s country breakdown is expressed as a percentage of total investments and may vary over time. ‘Other’ country weightings represents 1.0% or less in the following countries: Finland, Israel, Spain, Sweden.

AllianceBernstein Small-Mid Cap Value Fund

Portfolio of Investments

August 31, 2007 (unaudited)

 

Company

    Shares    U.S. $ Value

COMMON STOCKS - 99.2%

      

Industrials - 25.6%

      

Aerospace & Defense - 1.4%

      

Goodrich Corp.

    306,400    $ 19,352,224
         

Airlines - 1.8%

      

Alaska Air Group, Inc. (a)

    312,600      7,758,732

Continental Airlines, Inc.-Class B (a)

    283,000      9,412,580

Skywest, Inc.

    279,200      7,016,296
         
        24,187,608
         

Commercial Services & Supplies - 3.3%

      

IKON Office Solutions, Inc.

    1,245,000      17,479,800

Kelly Services, Inc.-Class A

    248,000      5,634,560

Quebecor World, Inc. (a)

    485,000      4,442,600

United Stationers, Inc. (a)

    285,000      16,820,700
         
        44,377,660
         

Electrical Equipment - 4.2%

      

Acuity Brands, Inc.

    239,900      12,604,346

Cooper Industries, Ltd.-Class A

    332,000      16,988,440

EnerSys (a)

    503,840      9,099,351

Regal-Beloit Corp.

    363,400      18,355,334
         
        57,047,471
         

Machinery - 7.9%

      

AGCO Corp. (a)

    357,600      15,448,320

Briggs & Stratton Corp.

    490,775      14,325,722

Kennametal, Inc.

    263,900      21,286,174

Mueller Industries, Inc.

    420,000      14,548,800

SPX Corp.

    270,900      24,394,545

Terex Corp. (a)

    207,000      16,535,160
         
        106,538,721
         

Road & Rail - 5.5%

      

Arkansas Best Corp.

    365,000      13,103,500

Avis Budget Group, Inc. (a)

    812,100      18,848,841

Con-way, Inc.

    307,325      14,899,116

Ryder System, Inc.

    287,000      15,713,250

Werner Enterprises, Inc.

    652,000      12,133,720
         
        74,698,427
         

Trading Companies & Distributors - 1.5%

      

GATX Corp.

    450,925      19,660,330
         
        345,862,441
         

Financials - 20.8%

      

Commercial Banks - 6.7%

      

Central Pacific Financial Corp.

    479,950    15,272,009

The South Financial Group, Inc.

    616,500    14,148,675

Susquehanna Bancshares, Inc.

    650,000    12,779,000

Trustmark Corp.

    438,314    12,377,987

UnionBanCal Corp.

    137,800    8,099,884

Webster Financial Corp.

    407,800    17,315,188

Whitney Holding Corp.

    385,337    10,673,835
       
      90,666,578
       

Insurance - 8.4%

      

Arch Capital Group Ltd. (a)

    334,400    24,019,952

Aspen Insurance Holdings, Ltd.

    647,300    16,240,757

Fidelity National Financial, Inc.-Class A

    645,000    11,732,550

Old Republic International Corp.

    815,750    14,838,493

Partnerre, Ltd.

    61,786    4,492,460

Platinum Underwriters Holdings, Ltd.

    558,625    19,373,115

RenaissanceRe Holdings, Ltd.

    114,000    6,529,920

StanCorp Financial Group, Inc.

    330,600    15,571,260
       
      112,798,507
       

Real Estate Investment Trusts (REITs) - 3.8%

      

Ashford Hospitality Trust, Inc.

    610,000    6,655,100

Digital Realty Trust, Inc.

    301,500    11,758,500

Felcor Lodging Trust, Inc.

    552,000    12,110,880

Mid-America Apartment Communities, Inc.

    177,000    8,777,430

Strategic Hotels & Resorts, Inc.

    258,400    5,315,288

Tanger Factory Outlet Centers

    184,500    7,023,915
       
      51,641,113
       

Thrifts & Mortgage Finance - 1.9%

      

Astoria Financial Corp.

    544,750    14,201,632

Provident Financial Services, Inc.

    713,000    11,978,400
       
      26,180,032
       
      281,286,230
       

Materials - 13.8%

      

Chemicals - 7.5%

      

Ashland, Inc.

    235,200    14,062,608

Celanese Corp.-Class A Series A

    575,400    20,668,368

Cytec Industries, Inc.

    267,800    17,781,920

Lubrizol Corp.

    331,500    21,076,770

Methanex Corp.

    324,800    7,324,240

Rockwood Holdings, Inc. (a)

    618,100    19,810,105
       
      100,724,011
       

Containers & Packaging - 3.0%

      

Aptargroup, Inc.

    218,900    7,952,637

Owens-Illinois, Inc. (a)

    328,300    13,204,226

Silgan Holdings, Inc.

    250,448    12,795,388

Sonoco Products Co.

    193,800    6,980,676
       
      40,932,927
       

Metals & Mining - 3.3%

      

Commercial Metals Co.

    234,300    6,768,927

Metal Management, Inc.

    322,000    15,105,020

Quanex Corp.

    166,200    7,198,122

Steel Dynamics, Inc.

    362,500    15,725,250
       
      44,797,319
       
      186,454,257
       

Consumer Staples - 8.3%

      

Beverages - 1.4%

      

Molson Coors Brewing Co.-Class B

    209,400    18,732,924
       

Food & Staples Retailing - 3.7%

      

Performance Food Group Co. (a)

    573,900    16,321,716

Ruddick Corp.

    601,500    19,596,870

Supervalu, Inc.

    331,700    13,981,155
       
      49,899,741
       

Food Products - 1.8%

      

Corn Products International, Inc.

    380,760    17,210,352

Smithfield Foods, Inc. (a)

    226,900    7,426,437
       
      24,636,789
       

Tobacco - 1.4%

      

Universal Corp.

    381,900    18,762,747
       
      112,032,201
       

Consumer Discretionary - 7.7%

      

Auto Components - 2.9%

      

ArvinMeritor, Inc.

    942,000    16,437,900

Autoliv, Inc.

    112,000    6,425,440

TRW Automotive Holdings Corp. (a)

    532,525    16,273,964
       
      39,137,304
       

Hotels Restaurants & Leisure - 1.9%

      

Jack in the Box, Inc. (a)

    138,800    8,636,136

Papa John’s International, Inc. (a)

    376,420    9,546,011

Vail Resorts, Inc. (a)

    129,100    7,381,938
       
      25,564,085
       

Household Durables - 0.8%

      

Furniture Brands International, Inc.

    502,500    5,718,450

KB Home

    155,000    4,702,700
       
      10,421,150
       

Multiline Retail - 0.4%

      

Dillard’s, Inc.-Class A

    232,300    5,514,802
       

Specialty Retail - 0.9%

      

AutoNation, Inc. (a)

    378,461    7,183,190

Office Depot, Inc. (a)

    200,900    4,912,005
       
      12,095,195
       

Textiles Apparel & Luxury Goods - 0.8%

      

VF Corp.

    145,000    11,578,250
       
      104,310,786
       

Information Technology - 7.4%

      

Communications Equipment - 1.3%

      

CommScope, Inc. (a)

    309,300    17,506,380
       

Electronic Equipment & Instruments - 3.8%

      

Arrow Electronics, Inc. (a)

    368,125    15,446,525

AVX Corp.

    188,500    2,963,220

Checkpoint Systems, Inc. (a)

    372,200    10,365,770

Sanmina-SCI Corp. (a)

    1,304,630    2,987,603

Solectron Corp. (a)

    625,300    2,426,164

Tech Data Corp. (a)

    84,600    3,298,554

Vishay Intertechnology, Inc. (a)

    970,000    12,833,100
       
      50,320,936
       

Semiconductors & Semiconductor Equipment - 2.3%

      

Amkor Technology, Inc. (a)

    490,000    5,644,800

Spansion, Inc.-Class A (a)

    693,000    6,306,300

Teradyne, Inc. (a)

    410,000    6,104,900

Zoran Corp. (a)

    773,300    13,354,891
       
      31,410,891
       
      99,238,207
       

Utilities - 6.2%

      

Electric Utilities - 3.2%

      

Allegheny Energy, Inc. (a)

    133,400    6,884,774

Northeast Utilities

    556,700    15,392,755

Reliant Energy, Inc. (a)

    797,400    20,341,674
       
      42,619,203
       

Independent Power Producers & Energy Traders - 1.0%

      

Constellation Energy Group, Inc.

    167,225    13,869,641
       

Multi-Utilities - 2.0%

      

Puget Energy, Inc.

    409,800    9,560,634

Wisconsin Energy Corp.

    397,650    17,619,872
       
      27,180,506
       
      83,669,350
       

Health Care - 5.8%

      

Health Care Providers & Services - 3.5%

      

Apria Healthcare Group, Inc. (a)

    283,900    7,560,257

Kindred Healthcare, Inc. (a)

    390,000    7,729,800

LifePoint Hospitals, Inc. (a)

    262,817    7,385,157

Molina Healthcare, Inc. (a)

    475,215    16,181,071

Pharmerica Corp. (a)

    142,749    2,530,940

Universal Health Services, Inc.-Class B

    109,800    5,797,440
       
      47,184,665
       

Life Sciences Tools & Services - 1.8%

      

PerkinElmer, Inc.

    850,500    23,312,205
       

Pharmaceuticals - 0.5%

      

Endo Pharmaceuticals Holdings, Inc. (a)

    170,400    5,432,352

King Pharmaceuticals, Inc. (a)

    105,400    1,584,162
       
      7,016,514
       
      77,513,384
       

Energy - 3.6%

      

Energy Equipment & Services - 2.4%

      

Exterran Holdings, Inc. (a)

    243,693      18,886,208  

Oil States International, Inc. (a)

    188,500      7,954,700  

Rowan Cos., Inc.

    157,300      5,905,042  
           
        32,745,950  
           

Oil, Gas & Consumable Fuels - 1.2%

      

Hess Corp.

    250,200      15,354,774  
           
        48,100,724  
           

Total Common Stocks
(cost $1,170,426,458)

         1,338,467,580  
           

SHORT-TERM INVESTMENTS - 2.0%

      

Investment Companies - 2.0%

      

AllianceBernstein Fixed-Income Shares, Inc. - Government STIF Portfolio (b)
(cost $27,250,353)

    27,250,353      27,250,353  
           

Total Investments - 101.2%
(cost $1,197,676,811)

         1,365,717,933  

Other assets less liabilities - (1.2)%

         (16,122,308 )
           

Net Assets - 100.0%

       $ 1,349,595,625  
           

 

(a) Non-income producing security.

 

(b) Investment in affiliated money market mutual fund.

Please note: The sector classifications presented herein are based on the Global Industry Classification Standard (GICS) which was developed by Morgan Stanley Capital International and Standard and Poor’s. The components are divided into sector, industry group, and industry sub-indices as classified by the GICS for each of the market capitalization indices in the Broad Market.

AllianceBernstein Value Fund

Portfolio of Investments

August 31, 2007 (unaudited)

 

Company

    Shares    U.S. $ Value

COMMON STOCKS - 97.8%

      

Financials - 32.9%

      

Capital Markets - 3.4%

      

Deutsche Bank AG

    48,700    $ 6,038,800

The Goldman Sachs Group, Inc.

    13,900      2,446,539

Merrill Lynch & Co., Inc.

    201,900      14,880,030

Morgan Stanley

    271,800      16,952,166

Waddell & Reed Financial, Inc.-Class A

    96,900      2,406,996
         
        42,724,531
         

Commercial Banks - 5.3%

      

BB&T Corp.

    61,600      2,447,368

Comerica, Inc.

    131,400      7,329,492

Fifth Third Bancorp

    239,100      8,533,479

Keycorp

    193,700      6,450,210

National City Corp.

    292,200      7,863,102

SunTrust Banks, Inc.

    76,600      6,032,250

U.S. Bancorp

    261,900      8,472,465

Wachovia Corp.

    180,600      8,845,788

Wells Fargo & Co.

    319,400      11,670,876
         
        67,645,030
         

Diversified Financial Services - 9.9%

      

Bank of America Corp.

    935,100      47,390,868

Citigroup, Inc.

    992,300      46,519,024

JPMorgan Chase & Co.

    705,900      31,426,668
         
        125,336,560
         

Insurance - 10.5%

      

ACE Ltd.

    158,700      9,166,512

Allstate Corp.

    103,000      5,639,250

AMBAC Financial Group, Inc.

    119,500      7,506,990

American International Group, Inc.

    426,300      28,135,800

Chubb Corp.

    103,200      5,276,616

Fidelity National Financial, Inc.-Class A

    219,500      3,992,705

Genworth Financial, Inc.-Class A

    246,300      7,137,774

Hartford Financial Services Group, Inc.

    98,700      8,775,417

MBIA, Inc.

    104,900      6,294,000

MetLife, Inc.

    174,500      11,176,725

Old Republic International Corp.

    273,000      4,965,870

Partnerre, Ltd.

    16,000      1,163,360

RenaissanceRe Holdings, Ltd.

    74,800      4,284,544

Torchmark Corp.

    63,700      3,921,372

The Travelers Cos, Inc.

    245,800      12,422,732

UnumProvident Corp.

    308,300      7,544,101

XL Capital Ltd.-Class A

    68,200      5,196,840
         
        132,600,608
         

Thrifts & Mortgage Finance - 3.8%

      

Astoria Financial Corp.

    107,000    2,789,490

Countrywide Financial Corp.

    111,000    2,203,350

Federal Home Loan Mortgage Corp.

    171,300    10,553,793

Federal National Mortgage Association

    271,800    17,832,798

MGIC Investment Corp.

    105,700    3,187,912

Washington Mutual, Inc.

    297,300    10,916,856
       
      47,484,199
       
      415,790,928
       

Energy - 13.0%

      

Oil, Gas & Consumable Fuels - 13.0%

      

BP PLC (ADR)

    90,300    6,082,608

Chevron Corp.

    479,200    42,054,592

ConocoPhillips

    184,000    15,067,760

Exxon Mobil Corp.

    855,900    73,376,307

Marathon Oil Corp.

    245,800    13,246,162

Occidental Petroleum Corp.

    26,600    1,507,954

Royal Dutch Shell PLC (ADR)

    82,600    6,389,110

Total SA (ADR)

    79,900    5,999,691
       
      163,724,184
       

Consumer Discretionary - 9.9%

      

Auto Components - 1.1%

      

Autoliv, Inc.

    93,000    5,335,410

BorgWarner, Inc.

    55,500    4,689,750

Magna International, Inc.-Class A

    49,300    4,409,885
       
      14,435,045
       

Automobiles - 0.3%

      

General Motors Corp.

    100,500    3,089,370
       

Hotels Restaurants & Leisure - 1.3%

      

McDonald’s Corp.

    321,700    15,843,725
       

Household Durables - 1.2%

      

Black & Decker Corp.

    56,200    4,875,350

Centex Corp.

    68,700    1,986,117

KB Home

    121,200    3,677,208

Newell Rubbermaid, Inc.

    58,950    1,520,320

Pulte Homes, Inc.

    191,900    3,193,216
       
      15,252,211
       

Leisure Equipment & Products - 0.2%

      

Mattel, Inc.

    94,400    2,041,872
       

Media - 2.7%

      

CBS Corp.-Class B

    314,500    9,909,895

Gannett Co., Inc.

    57,700    2,711,900

Interpublic Group of Cos., Inc. (a)

    356,500    3,903,675

Time Warner, Inc.

    577,600    10,962,848

Tribune Co.

    32,943    907,580

Viacom, Inc.-Class B (a)

    158,000    6,234,680
       
      34,630,578
       

Multiline Retail - 0.8%

      

Dillard’s, Inc.-Class A

    95,200    2,260,048

Macy’s, Inc.

    262,100    8,313,812
       
      10,573,860
       

Specialty Retail - 1.6%

      

The Gap, Inc.

    384,600    7,215,096

Home Depot, Inc.

    120,700    4,624,017

Ltd. Brands, Inc.

    188,900    4,374,924

Office Depot, Inc. (a)

    170,300    4,163,835
       
      20,377,872
       

Textiles Apparel & Luxury Goods - 0.7%

      

Jones Apparel Group, Inc.

    114,500    2,197,255

VF Corp.

    84,800    6,771,280
       
      8,968,535
       
      125,213,068
       

Consumer Staples - 8.5%

      

Beverages - 0.6%

      

Molson Coors Brewing Co.-Class B

    81,900    7,326,774
       

Food & Staples Retailing - 1.4%

      

The Kroger Co.

    275,400    7,320,132

Safeway, Inc.

    260,100    8,252,973

Wal-Mart Stores, Inc.

    55,000    2,399,650
       
      17,972,755
       

Food Products - 2.7%

      

ConAgra Foods, Inc.

    149,400    3,841,074

General Mills, Inc.

    65,700    3,671,316

Kellogg Co.

    117,200    6,437,796

Kraft Foods, Inc.-Class A

    405,168    12,989,686

Sara Lee Corp.

    395,300    6,569,886
       
      33,509,758
       

Household Products - 1.9%

      

Procter & Gamble Co.

    376,100    24,563,091
       

Tobacco - 1.9%

      

Altria Group, Inc.

    297,300    20,635,593

UST, Inc.

    74,400    3,666,432
       
      24,302,025
       
      107,674,403
       

Industrials - 8.4%

      

Aerospace & Defense - 1.2%

      

Boeing Co.

    73,800    7,136,460

Northrop Grumman Corp.

    109,641    8,644,097
       
      15,780,557
       

Commercial Services & Supplies - 0.6%

      

Pitney Bowes, Inc.

    158,100    7,062,327
       

Industrial Conglomerates - 4.5%

      

General Electric Co.

    1,409,500    54,787,265

Tyco International Ltd.

    50,000    2,208,000
       
      56,995,265
       

 

Machinery - 1.8%

      

Cummins, Inc.

    91,400    10,823,588

Eaton Corp.

    66,700    6,284,474

SPX Corp.

    67,800    6,105,390
       
      23,213,452
       

Road & Rail - 0.3%

      

Avis Budget Group, Inc. (a)

    144,100    3,344,561
       
      106,396,162
       

Health Care - 6.8%

      

Health Care Equipment & Supplies - 0.2%

      

Covidien Ltd. (a)

    50,000    1,991,500
       

Health Care Providers & Services - 0.8%

      

AmerisourceBergen Corp.-Class A

    76,000    3,636,600

McKesson Corp.

    120,600    6,899,526

Pharmerica Corp. (a)

    6,337    112,346
       
      10,648,472
       

Pharmaceuticals - 5.8%

      

Eli Lilly & Co.

    159,800    9,164,530

Johnson & Johnson

    205,000    12,666,950

Merck & Co., Inc.

    267,400    13,415,458

Pfizer, Inc.

    1,535,800    38,149,272
       
      73,396,210
       
      86,036,182
       

Telecommunication Services - 6.6%

      

Diversified Telecommunication Services - 5.1%

      

AT&T, Inc.

    897,400    35,779,338

Verizon Communications, Inc.

    676,000    28,310,880
       
      64,090,218
       

Wireless Telecommunication Services - 1.5%

      

Sprint Nextel Corp.

    638,100    12,072,852

Vodafone Group PLC (ADR)

    228,900    7,416,360
       
      19,489,212
       
      83,579,430
       

Materials - 5.1%

      

Chemicals - 2.4%

      

Ashland, Inc.

    86,000    5,141,940

Dow Chemical Co.

    192,400    8,202,012

E.I. Du Pont de Nemours & Co.

    264,600    12,899,250

Lubrizol Corp.

    70,600    4,488,748
       
      30,731,950
       

Containers & Packaging - 2.0%

      

Crown Holdings, Inc. (a)

    207,000    4,972,140

Owens-Illinois, Inc. (a)

    159,900    6,431,178

Smurfit-Stone Container Corp. (a)

    316,700    3,344,352

Sonoco Products Co.

    66,700    2,402,534

Temple-Inland, Inc.

    135,800    7,479,864
       
      24,630,068
       

Metals & Mining - 0.7%

      

Arcelor Mittal-Class A

    137,500    9,102,500
       
      64,464,518
       

Information Technology - 3.8%

      

Communications Equipment - 0.6%

      

Nokia OYJ (ADR)

    238,900    7,855,032
       

Computers & Peripherals - 1.1%

      

International Business Machines Corp.

    85,200    9,941,988

Lexmark International, Inc.-Class A (a)

    98,700    3,677,562
       
      13,619,550
       

Electronic Equipment & Instruments - 1.3%

      

Arrow Electronics, Inc. (a)

    63,500    2,664,460

Flextronics International Ltd. (a)

    508,000    5,786,120

Sanmina-SCI Corp. (a)

    481,000    1,101,490

Solectron Corp. (a)

    912,700    3,541,276

Tech Data Corp. (a)

    40,900    1,594,691

Tyco Electronics Ltd. (a)

    50,000    1,743,500
       
      16,431,537
       

IT Services - 0.3%

      

Electronic Data Systems Corp.

    144,900    3,316,761
       

Software - 0.5%

      

Microsoft Corp.

    204,600    5,878,158
       
      47,101,038
       

Utilities - 2.8%

      

Electric Utilities - 1.6%

      

Allegheny Energy, Inc.

    128,800    6,647,368

Entergy Corp.

    83,900    8,693,718

Pinnacle West Capital Corp.

    114,600    4,565,664
       
      19,906,750
       

Independent Power Producers & Energy Traders - 0.5%

      

Constellation Energy Group, Inc.

    82,100    6,809,374
       

Multi-Utilities - 0.7%

      

Alliant Energy Corp.

    33,400    1,265,192

Dominion Resources, Inc./VA

    69,700    5,937,046

Wisconsin Energy Corp.

    23,800    1,054,578
       
      8,256,816
       
      34,972,940
       

Total Common Stocks
(cost $1,039,717,077)

       1,234,952,853
       

SHORT-TERM INVESTMENTS - 2.9%

      

Investment Companies - 2.9%

      

AllianceBernstein Fixed-Income Shares, Inc. - Government STIF Portfolio (b)
(cost $36,608,041)

    36,608,041      36,608,041  
           

Total Investments - 100.7%
(cost $1,076,325,118)

         1,271,560,894  

Other assets less liabilities - (0.7)%

         (8,842,492 )
           

Net Assets - 100.0%

       $ 1,262,718,402  
           

 

(a) Non-income producing security.

 

(b) Investment in affiliated money market mutual fund.

Please note: The sector classifications presented herein are based on the Global Industry Classification Standard (GICS) which was developed by Morgan Stanley Capital International and Standard and Poor’s. The components are divided into sector, industry group, and industry sub-indices as classified by the GICS for each of the market capitalization indices in the Broad Market.

Glossary:

 

ADR    –    American Depositary Receipt

ITEM 2. CONTROLS AND PROCEDURES.

(a) The registrant’s principal executive officer and principal financial officer have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended) are effective at the reasonable assurance level based on their evaluation of these controls and procedures as of a date within 90 days of the filing date of this document.

(b) There were no significant changes in the registrant’s internal control over financial reporting that could significantly affect these controls subsequent to the date of their evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.

 

ITEM 3. EXHIBITS.

The following exhibits are attached to this Form N-Q:

 

EXHIBIT NO.  

DESCRIPTION OF EXHIBIT

11 (a) (1)   Certification of Principal Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
11 (a) (2)   Certification of Principal Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

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): AllianceBernstein Trust
By:   /s/ Marc O. Mayer
 

Marc O. Mayer

President

Date:   October 22, 2007

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/ Marc O. Mayer
 

Marc O. Mayer

President

Date:   October 22, 2007
By:   /s/ Joseph J. Mantineo
 

Joseph J. Mantineo

Treasurer and Chief Financial Officer

Date:   October 22, 2007