Deferred Compensation Plan Investments

Investments in The Analog Devices, Inc. Deferred Compensation Plan (the Deferred Compensation Plan) are classified as trading. The components of the investments as of November 2, 2013 and November 3, 2012 were as follows:



	2013		2012
Money market funds	$	3,462	$	17,939
Mutual funds	13,969		10,541
Total Deferred Compensation Plan investments	$	17,431	$	28,480

The fair values of these investments are based on published market quotes on November 2, 2013 and November 3, 2012, respectively. Adjustments to the fair value of, and income pertaining to, Deferred Compensation Plan investments are recorded in operating expenses. Gross realized and unrealized gains and losses from trading securities were not material in fiscal 2013, 2012 or 2011.

The Company has recorded a corresponding liability for amounts owed to the Deferred Compensation Plan participants (see Note 10). These investments are specifically designated as available to the Company solely for the purpose of paying benefits under the Deferred Compensation Plan. However, in the event the Company became insolvent, the investments would be available to all unsecured general creditors.