N-Q 1 d67421.txt EATON VANCE SERIES TRUST II UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM N-Q QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANIES 811-02258 --------- Investment Company Act File Number Eaton Vance Series Trust II --------------------------- (Exact Name of Registrant as Specified in Charter) The Eaton Vance Building, 255 State Street, Boston, Massachusetts 02109 ----------------------------------------------------------------------- (Address of Principal Executive Offices) Alan R. Dynner, Esq. Eaton Vance Management, 255 State Street, Boston, Massachusetts 02109 --------------------------------------------------------------------- (Name and Address of Agent for Services) (617) 482-8260 -------------- (Registrant's Telephone Number, Including Area Code) June 30 ------- Date of Fiscal Year End March 31, 2007 -------------- Date of Reporting Period ITEM 1. SCHEDULE OF INVESTMENTS. EATON VANCE TAX-MANAGED EMERGING MARKETS FUND AS OF MARCH 31, 2007 PORTFOLIO OF INVESTMENTS (UNAUDITED)
SECURITY SHARES VALUE --------------------------------------------------------------------------------------------------------- LONG-TERM INVESTMENTS COMMON STOCKS -- 97.4% Argentina -- 1.5 --------------------------------------------------------------------------------------------------------- Banco Macro Bansud SA (Class 'B' Shares) 130,676 $ 442,434 Banco Macro SA (Class 'B' Shares) (ADR) 13,200 448,008 BBVA Banco Frances SA 67,312 276,736 BBVA Banco Frances SA (ADR) 20,300 253,141 Cresud SA (ADR) 39,000 800,670 Grupo Financiero Galicia SA (Class 'B' Shares)(a) 263,448 275,235 Grupo Financiero Galicia SA (Class 'B' Shares) (ADR)(a) 77,000 802,340 IRSA Inversiones y Representaciones SA(a) 119,544 227,427 IRSA Inversiones y Representaciones SA (GDR)(a) 16,700 319,471 Ledesma SAAI 259,501 162,332 Molinos Rio de la Plata SA (Class 'B' Shares)(a) 92,923 116,856 Petrobras Energia Participaciones SA(a) 134,218 136,761 Petrobras Energia Participaciones SA (ADR)(a) 35,000 364,000 Siderar SAIC 75,100 513,380 Telecom Argentina SA (Class 'B' Shares)(a) 229,824 967,095 Telecom Argentina SA (Class 'B' Shares) (ADR)(a) 64,800 1,382,832 Tenaris SA 287,701 6,503,133 Transportadora de Gas del Sur SA(a) 252,923 316,434 Transportadora de Gas del Sur SA (ADR)(a) 10,000 65,200 --------------------------------------------------------------------------------------------------------- $ 14,373,485 --------------------------------------------------------------------------------------------------------- Botswana -- 0.3 --------------------------------------------------------------------------------------------------------- Sechaba Breweries Ltd. 284,600 $ 671,656 Sefalana Holding Co. 99,100 361,517 Standard Chartered Bank of Botswana 488,210 1,546,649 --------------------------------------------------------------------------------------------------------- $ 2,579,822 --------------------------------------------------------------------------------------------------------- Brazil -- 6.2 --------------------------------------------------------------------------------------------------------- AES Tiete SA 3,831,800 $ 119,861 AES Tiete SA (PFD Shares) 4,679,000 148,649 All America Latina Logistica (PFD Shares) 59,000 720,342 American Banknote SA 19,000 171,799 Aracruz Celulose SA (PFD Shares) 63,000 329,164 Banco Bradesco SA 40,000 810,362 Banco Bradesco SA (PFD Shares) 126,480 2,596,364 Banco Itau Holding Financeira SA (PFD Shares) 65,200 2,291,241 Bombril SA (PFD Shares)(a) 100,000 615,836 Brasil Telecom Participacoes SA 9,400,000 190,665 Brasil Telecom Participacoes SA (PFD Shares) 40,919,700 369,997 Brasil Telecom SA (PFD Shares) 42,212,446 221,791 Braskem SA (PFD Shares) 16,000 118,944 Centrais Eletricas Brasileiras SA 22,000,000 493,548 Centrais Eletricas Brasileiras SA (Class 'B' Shares) (PFD Shares) 17,191,100 376,423 Cia Brasileira de Distribuicao Grupo Pao de Acucar (PFD Shares) 7,178,255 210,506 Cia Brasileira de Petroleo Ipiranga 11,500 141,361 Cia de Bebidas das Americas (PFD Shares) 6,923,755 3,840,857 Cia de Companhia de Concessoes Rodoviarias (CCR) 40,000 537,048 Cia de Saneamento Basico do Estado de Sao Paulo 2,900,000 391,911 Cia Energetica de Minas Gerais 2,595,700 127,616 Cia Energetica de Minas Gerais (PFD Shares) 19,182,000 946,912 Cia Energetica de Sao Paulo (PFD Shares)(a) 23,500,000 321,603 Cia Paranaense de Energia - Copel (PFD Shares) 18,000,000 211,144 Cia Siderurgica Nacional SA (CSN) 20,100 872,867 Cia Vale do Rio Doce 94,700 3,531,579 Cia Vale do Rio Doce (PFD Shares) 164,146 5,166,668 Contax Participacoes SA 7,000 10,264 Contax Participacoes SA (ADR) 26,608 23,947 Contax Participacoes SA (PFD Shares) 151,000 142,439 CPFL Energia SA 15,000 212,977 Cyrela Brazil Realty SA 20,824 194,602 Duratex SA (PFD Shares) 45,600 905,982 EDP-Energias do Brasil SA 16,600 245,024 Eletropaulo Metropolitana SA (PFD Shares)(a) 5,767,190 270,601 Embratel Participacoes SA(a) 37,424,000 109,016 Embratel Participacoes SA (PFD Shares) 67,000,000 197,136 Empresa Brasileira de Aeronautica SA 275,351 3,161,288 Gerdau SA (PFD Shares) 39,400 727,148 Gol Linhas Aereas Inteligentes SA (PFD Shares) 14,000 429,716 Investimentos Itau SA (PFD Shares) 682,925 3,838,532 Klabin SA (PFD Shares) 47,000 130,938 Localiza Rent a Car SA 6,500 200,305 Lojas Americanas SA (PFD Shares) 28,835,940 1,832,196 Lojas Renner SA 29,000 378,446 Lupatech SA(a) 13,700 247,015 Marcopolo SA (PFD Shares) 46,300 141,434 Metalurgica Gerdau SA (PFD Shares) 15,700 371,398 Natura Cosmeticos SA 35,000 396,872 Net Servicos de Comunicacao SA (PFD Shares)(a) 109,407 1,490,844 Perdigao SA 24,508 330,606 Petroleo Brasileiro SA 137,600 3,479,679 Petroleo Brasileiro SA (ADR) 46,850 4,186,047 Petroleo Brasileiro SA (PFD Shares) 22,900 516,425 Randon Participacoes SA (PFD Shares) 63,700 392,287 Sadia SA (PFD Shares) 172,000 659,922 Souza Cruz SA 18,700 379,301 Suzano Papel e Celulose SA 20,000 190,616 Tam SA (PFD Shares) 12,600 336,801 Tele Norte Leste Participacoes SA 11,200 326,803 Tele Norte Leste Participacoes SA (PFD Shares) 24,000 334,897 Tele Norte Leste Participacoes SA (PFD Shares) (ADR) 26,608 368,255 Telemar Norte Leste SA (PFD Shares) 9,000 186,070 Telemig Celular Participacoes SA (PFD Shares) 54,600,600 103,811 Telesp Telecomunicacoes de Sao Paulo SA 5,050 113,539 Telesp Telecomunicacoes de Sao Paulo SA (PFD Shares) 7,313 182,003 Tim Participacoes SA 30,104,900 156,704 Tim Participacoes SA (PFD Shares) 148,232,000 485,413 Totvs SA 11,000 295,699 Tractebel Energia SA 16,300 143,402 Ultrapar Participacoes SA (PFD Shares) 5,000 148,827 Unibanco-Uniao de Bancos Brasileiros SA 136,446 1,213,076 Usinas Siderurgicas de Minas Gerais SA 4,600 269,570 Usinas Siderurgicas de Minas Gerais SA (PFD Shares) 14,000 682,757 Vivo Participacoes SA (PFD Shares)(a) 100,000 349,951 Votorantim Celulose e Papel SA (PFD Shares) 12,400 228,970 Weg SA (PFD Shares) 130,700 990,151 --------------------------------------------------------------------------------------------------------- S 58,584,760 --------------------------------------------------------------------------------------------------------- Bulgaria -- 0.1 --------------------------------------------------------------------------------------------------------- Albena Invest Holding Plc 19,550 $ 212,861 Bulgarian Telecommunications Co. 32,300 277,830 Bulgartabak Holding 3,450 81,232 Doverie Holding AD 37,500 191,392 Insurance & Reinsurance Co., DZI AD(a) 1,100 127,254 Sopharma AD 48,000 233,549 --------------------------------------------------------------------------------------------------------- $ 1,124,118 --------------------------------------------------------------------------------------------------------- Chile -- 3.0% --------------------------------------------------------------------------------------------------------- Administradora de Fondos de Pensiones Provida SA (ADR) 9,800 $ 251,860 Antarchile SA (Series 'A') 8,000 135,103 Banco de Chile 1,382,000 114,079 Banco de Chile (ADR) 20,799 1,026,639 Banco de Credito e Inversiones 18,100 594,880 Banco Santander Chile SA (ADR) 47,622 2,374,909 Cap SA 12,000 192,410 Cencosud SA 57,000 195,694 Cia Cervecerias Unidas SA (ADR) 37,800 1,187,676 Cia de Telecomunicaciones de Chile SA (ADR) 113,766 1,060,299 Coia General de Electricidad SA 16,600 141,093 Colbun SA 628,700 121,341 Corpbanca SA 19,442,600 106,080 Corpbanca SA (ADR) 17,000 463,250 Distribucion y Servicio D&S SA (ADR) 48,500 1,004,435 Embotelladora Andina SA (Series 'A') (ADR) 25,100 449,039 Embotelladora Andina SA (Series 'B') (ADR) 48,900 953,550 Empresa Nacional de Electricidad SA (ADR) 61,159 2,454,922 Empresa Nacional de Telecomunicaciones SA 47,600 684,429 Empresas CMPC SA 7,000 227,336 Empresas Copec SA 78,000 1,036,429 Enersis SA (ADR) 137,171 2,234,516 Grupo Security SA 920,700 265,693 Invercap SA 51,300 238,007 Lan Airlines SA (ADR) 16,100 1,109,290 Madeco SA (ADR)(a) 105,700 1,232,462 Masisa SA (ADR) 140,805 1,578,424 Parque Arauco SA 133,800 122,912 Quinenco SA (ADR)(b) 63,100 966,085 S.A.C.I. Falabella SA 313,300 1,337,274 SM-Chile SA (Class 'B' Shares) 1,050,000 111,070 Sociedad Quimica y Minera de Chile SA (ADR) 2,095 292,148 Sociedad Quimica y Minera de Chile SA (Series 'B') (ADR) 20,600 3,007,600 Vina Concha y Toro SA (ADR) 31,000 1,027,340 --------------------------------------------------------------------------------------------------------- $ 28,298,274 --------------------------------------------------------------------------------------------------------- China -- 6.2% --------------------------------------------------------------------------------------------------------- Air China Ltd. (Class 'H' Shares) 300,000 $ 207,131 Aluminum Corp. of China Ltd. (Class 'H' Shares) 330,000 341,803 Beijing Enterprises Holdings Ltd. 65,000 165,176 Beijing North Star Co., Ltd. (Class 'H' Shares) 1,580,000 674,513 BOE Technology Group Co., Ltd. (Class 'B' Shares)(a) 1,405,300 391,210 BYD Co., Ltd. (Class 'H' Shares)(a) 70,000 345,996 Chaoda Modern Agriculture Holdings Ltd. 220,000 154,314 China Construction Bank (Class 'H' Shares)(144A) 3,489,000 1,979,860 China COSCO Holdings Co., Ltd. (Class 'H' Shares) 281,000 274,398 China Everbright Ltd.(a) 932,000 950,673 China International Marine Containers Co., Ltd. (Class 'B' Shares) 136,510 299,250 China Life Insurance Co., Ltd. (Class 'H' Shares) 1,925,000 5,520,244 China Mengniu Dairy Co., Ltd. 143,000 409,885 China Merchants Holdings International Co., Ltd. 824,000 3,462,592 China Merchants Property Development Co., Ltd. 392,436 1,096,019 China Mobile Hong Kong Ltd. 710,400 6,393,900 China Netcom Group Corp. (Hong Kong) Ltd. 120,500 313,979 China Overseas Land & Investment Ltd. 708,000 887,781 China Petroleum & Chemical Corp. (Class 'H' Shares) 3,974,000 3,354,140 China Resources Enterprise Ltd. 294,000 979,055 China Southern Airlines Co., Ltd. (Class 'H' Shares)(a) 375,000 170,719 China Telecom Corp. Ltd. (Class 'H' Shares) 1,950,000 951,557 China Travel International Investment Hong Kong Ltd. 800,000 372,428 China Unicom Ltd. 420,000 597,302 China Vanke Co., Ltd. (Class 'B' Shares) 493,924 1,020,757 Chongqing Changan Automobile Co., Ltd. (Class 'B' Shares) 502,100 510,913 CITIC International Financial Holdings Ltd. 384,000 332,114 CNOOC Ltd. 1,532,500 1,341,172 COFCO International Ltd. 460,000 343,213 Cosco Pacific Ltd. 122,000 301,819 Ctrip.com International Ltd. (ADR) 7,300 488,990 Dazhong Transportation Group Co., Ltd. 325,064 287,000 Denway Motors Ltd. 960,000 417,744 Dongfeng Motor Group Corp. (Class 'H' Shares)(a) 836,000 453,202 Focus Media Holding Ltd. (ADR)(a) 10,945 858,745 Guangdong Electric Power Development Co., Ltd. (Class 'B' Shares) 264,000 199,666 Guangdong Investment Ltd. 374,000 199,023 Guangdong Provincial Expressway Development Co., Ltd. (Class 'B' Shares) 234,960 134,786 Hangzhou Steam Turbine Co., Ltd. (Class 'B' Shares) 161,720 390,605 Jiangsu Expressway Co., Ltd. (Class 'H' Shares) 352,000 274,344 Kingboard Chemical Holdings Ltd. 86,500 362,641 Lenovo Group Ltd. 492,000 179,511 Li Ning Co., Ltd. 108,000 213,021 Lianhua Supermarket Holdings Ltd. (Class 'H' Shares) 130,000 177,877 Maanshan Iron & Steel Co., Ltd. 2,729,000 1,779,329 Parkson Retail Group Ltd. 58,000 377,442 PetroChina Co., Ltd. (Class 'H' Shares) 1,872,300 2,191,828 PICC Property & Casualty Co., Ltd. (Class 'H' Shares)(a) 390,000 222,334 Ping An Insurance Group Co. of China Ltd. (Class 'H' Shares) 669,000 3,261,960 Qingling Motors Co., Ltd. 1,448,966 260,713 Samson Holding Ltd. 222,000 126,958 Semiconductor Manufacturing International Corp.(a) 2,825,000 385,864 Shanghai Diesel Engine Co., Ltd.(a) 534,000 370,183 Shanghai Electric Group Co., Ltd. (Class 'H' Shares) 460,000 214,449 Shanghai Industrial Holdings Ltd. 84,000 193,261 Shanghai Jinjiang International Hotels Development Co., Ltd. 574,800 671,195 Shanghai Zhenhua Port Machinery Co., Ltd. (Class 'B' Shares) 440,000 658,522 Shenzhen Chiwan Wharf Holdings Ltd. (Class 'B' Shares) 153,115 321,069 SINA Corp.(a) 9,000 302,490 Sinopec Yizheng Chemical Fibre Co., Ltd.(a) 3,201,000 954,611 Sinopec-China Petroleum & Chemical Corp. (Class 'H' Shares) 1,628,000 851,164 Sinotrans Ltd. (Class 'H' Shares) 300,000 119,517 Suntech Power Holdings Co., Ltd. (ADR)(a) 4,600 159,206 Tingyi (Cayman Islands) Holding Corp. 1,184,000 1,140,795 TPV Technology Ltd. 84,000 53,623 Travelsky Technology Ltd. 406,000 714,862 Tsingtao Brewery Co., Ltd. (Class 'H' Shares) 1,124,000 1,895,492 Weiqiao Textile Co., Ltd.(Class 'H' Shares) 82,000 118,487 Wumart Stores, Inc. (Class 'H' Shares)(b) 156,000 137,349 Yantai Changyu Pioneer Wine Co., Ltd. (Class 'B' Shares) 103,948 502,100 Yanzhou Coal Mining Co., Ltd. (Class 'H' Shares) 320,000 306,845 Zhejiang Expressway Co., Ltd. (Class 'H' Shares) 186,000 148,783 ZTE Corp. (Class 'H' Shares) 135,000 628,939 --------------------------------------------------------------------------------------------------------- $ 57,850,438 --------------------------------------------------------------------------------------------------------- Colombia -- 0.8% --------------------------------------------------------------------------------------------------------- Almacenes Exito SA 58,500 $ 498,183 Bancolombia SA (PFD Shares) (ADR) 53,000 1,467,570 Cementos Argos SA 115,900 425,104 Cia Colombiana de Inversiones SA 24,000 247,308 Cia de Cemento Argos SA 214,100 1,106,010 Grupo Nacional de Chocolates SA 156,400 1,174,282 Interconexion Electrica SA 470,000 1,280,116 Promigas SA 27,000 318,667 Suramericana de Inversiones SA 86,000 718,318 --------------------------------------------------------------------------------------------------------- $ 7,235,558 --------------------------------------------------------------------------------------------------------- Croatia -- 0.7% --------------------------------------------------------------------------------------------------------- Adris Grupa DD (PFD Shares) 13,700 $ 1,330,396 Atlantska Plovidba DD(a) 950 256,088 Croatia Osiguranje DD(a) 160 448,861 Dalekovod DD(a) 1,390 254,966 Ericsson Nikola Tesla 2,010 1,265,117 Institut Gradevinarstva Hrvatske DD 110 95,716 Koncar-Elektroindustrija DD(a) 2,370 415,422 Kras DD(a) 1,645 218,974 Petrokemija DD(a) 5,250 217,147 Podravka Prehrambena Industija DD 8,200 823,248 Privredna Banka Zagreb DD(a) 3,310 874,413 Riviera Holding DD(a) 3,830 509,679 Tankerska Plovidba(a) 290 271,149 --------------------------------------------------------------------------------------------------------- $ 6,981,176 --------------------------------------------------------------------------------------------------------- Czech Republic -- 3.2% --------------------------------------------------------------------------------------------------------- CEZ AS 266,370 $ 11,731,344 Komercni Banka AS 19,800 3,411,870 Komercni Banka AS (GDR) 27,154 1,558,640 Philip Morris CR AS 1,660 746,308 Telefonica 02 Czech Republic AS 86,600 2,238,158 Telefonica 02 Czech Republic AS (GDR) 54,303 1,574,787 Unipetrol AS(a) 342,200 3,797,245 Zentiva NV 69,700 4,753,015 --------------------------------------------------------------------------------------------------------- $ 29,811,367 --------------------------------------------------------------------------------------------------------- Egypt -- 1.5% --------------------------------------------------------------------------------------------------------- Alexandria Mineral Oils Co. 16,100 $ 215,649 Arab Cotton Ginning 117,000 191,477 Caylon Bank Egypt 38,690 126,267 Commercial International Bank 66,630 648,782 Eastern Tobacco 13,400 940,946 Egypt Kuwaiti Holding Co. 115,000 212,750 Egyptian Financial & Industrial Co. 6,100 81,280 Egyptian Financial Group-Hermes Holding SAE(a) 137,350 908,838 Egyptian International Pharmaceutical Industrial Co. 40,120 182,067 Egyptian Media Production City(a) 48,072 92,391 El Ezz Aldekhela Steel Alexa Co. 2,600 468,586 El Ezz Steel Rebars SAE(a) 36,100 317,306 El Watany Bank of Egypt(a) 32,900 247,086 Medinet Nasr for Housing 9,000 240,079 Misr Cement 18,251 262,411 MobiNil-Egyptian Co. for Mobil Services 6,978 192,879 National Societe General Bank 21,340 155,959 Olympic Group Financial Investments 53,371 488,151 Orascom Construction Industries (OCI) 58,755 2,938,762 Orascom Hotel Holdings SAE(a) 11,863 54,931 Orascom Hotels & Development(a) 31,200 243,465 Orascom Telecom Holding SAE 45,800 3,163,661 Oriental Weavers Co. 26,710 314,635 Raya Holding Co.(a) 43,400 91,709 Sidi Kerir Petrochemcials Co. 132,000 479,452 Suez Cement Co. 35,200 386,281 Telecom Egypt 75,000 211,587 Torah Portland Cement Co. 4,300 100,022 --------------------------------------------------------------------------------------------------------- $ 13,957,409 --------------------------------------------------------------------------------------------------------- Estonia -- 0.8 --------------------------------------------------------------------------------------------------------- AS Baltika 14,900 $ 499,547 AS Eesti Ehitus(a) 27,600 445,113 AS Eesti Telekom (GDR) 42,400 1,403,682 AS Harju Elekter 18,000 89,433 AS Merko Ehitus 42,000 1,235,982 AS Norma 25,000 175,932 AS Olympic Entertainment Group(a) 90,300 1,236,446 AS Saku Olletehase 8,000 176,903 AS Tallink Group Ltd. 733,700 1,273,513 AS Tallinna Kaubamaja 33,000 343,625 AS Tallinna Vesi 8,800 193,171 --------------------------------------------------------------------------------------------------------- $ 7,073,347 --------------------------------------------------------------------------------------------------------- Ghana -- 0.1 --------------------------------------------------------------------------------------------------------- Aluworks Ghana Ltd. 210,900 $ 169,698 CAL Bank Ltd. 1,000,000 269,542 SSB Bank Ltd.(a) 370,000 252,159 Standard Chartered Bank of Ghana Ltd. 10,200 184,771 Unilever Ghana Ltd.(a) 249,000 402,695 --------------------------------------------------------------------------------------------------------- $ 1,278,865 --------------------------------------------------------------------------------------------------------- Hungary -- 3.1 --------------------------------------------------------------------------------------------------------- Danubius Hotel & Spa Rt.(a) 8,190 $ 362,874 EGIS Rt 3,378 382,646 Fotex Rt.(a) 478,034 2,064,076 Magyar Telekom Rt 914,700 4,591,160 Magyar Telekom Rt. (ADR) 37,300 951,896 MOL Hungarian Oil & Gas Rt 55,905 6,392,505 OTP Bank Rt 226,120 10,246,960 Pannonplast Rt.(a) 25,800 658,535 RABA Automotive Holding Rt.(a) 52,760 410,452 Richter Gedeon Rt 14,952 2,676,741 --------------------------------------------------------------------------------------------------------- $ 28,737,845 --------------------------------------------------------------------------------------------------------- India -- 5.7 --------------------------------------------------------------------------------------------------------- Aban Offshore Ltd. 4,700 $ 216,474 ACC Ltd. 18,500 310,750 Aditya Birla Nuvo Ltd. 6,706 162,212 Allahabad Bank Ltd. 64,000 106,462 Amtek Auto Ltd. 16,000 133,643 Andhra Bank 55,000 95,568 Asea Brown Boveri India Ltd.(a) 2,000 163,075 Ashok Leyland Ltd. 123,000 109,065 Asian Paints Ltd. 8,000 142,381 Bajaj Auto Ltd. 7,200 400,925 Bajaj Auto Ltd. (GDR) 7,202 404,032 Bajaj Hindusthan Ltd. 14,000 63,638 Balrampur Chini Mills Ltd. 46,000 69,838 Bank of India(a) 43,100 165,172 Bharat Earth Movers Ltd. 5,000 122,852 Bharat Electronics Ltd. 5,000 171,443 Bharat Forge Ltd. 42,200 303,611 Bharat Heavy Electricals Ltd. 13,000 672,527 Bharat Petroleum Corp. Ltd. 14,000 97,011 Bharti Airtel Ltd.(a) 188,400 3,283,473 Biocon Ltd. 19,200 213,758 Canara Bank Ltd. 21,500 95,592 Century Textiles & Industries Ltd. 12,000 149,525 Cipla Ltd. 120,600 653,037 Colgate-Palmolive (India) Ltd. 13,000 98,761 Container Corp. of India Ltd. 4,500 201,304 Corp. Bank 17,000 112,680 Cummins India Ltd. 23,000 139,808 Dabur India Ltd. 51,000 110,752 Dish TV India Ltd.(a)(b) 20,412 38,755 Dr. Reddy's Laboratories Ltd. (ADR) 26,800 441,128 EIH Ltd. 52,500 112,640 Essar Oil Ltd.(a) 99,000 117,878 Financial Technologies India Ltd. 3,500 147,663 Gail India Ltd. 27,000 163,204 Gail India Ltd. (GDR) 16,700 617,900 Glaxosmithkline Pharmaceuticals Ltd. 8,000 205,641 Glenmark Pharmaceuticals Ltd. 14,000 194,927 Grasim Industries Ltd. (GDR) 13,300 643,055 Great Eastern Shipping Co., Ltd. 15,200 70,989 Great Offshore Ltd.(a) 3,800 53,173 GTL Ltd. 34,000 105,526 Gujarat Ambuja Cements Ltd. 159,800 391,404 HCL Technologies Ltd. 16,000 106,857 HDFC Bank Ltd. 51,200 1,100,727 HDFC Bank Ltd. (ADR) 7,700 496,265 Hero Honda Motors Ltd. 16,942 269,784 Hexaware Technologies Ltd. 30,000 113,921 Hindalco Industries Ltd. (GDR)(144A) 140,410 421,230 Hindustan Lever Ltd. 306,109 1,437,330 Hindustan Petroleum Corp. Ltd.(a) 18,000 101,956 Hindustan Zinc Ltd. 19,900 257,550 Housing Development Finance Corp. 46,200 1,603,545 I-Flex Solutions Ltd. 4,000 189,668 ICICI Bank Ltd. 132,300 2,555,178 ICICI Bank Ltd. (ADR) 26,300 966,525 India Cements Ltd.(a) 48,000 177,429 Indiabulls Financial Services Ltd. 17,000 164,418 Indiabulls Real Estate Ltd.(a) 17,000 115,771 Indian Hotels Co., Ltd. 74,600 245,976 Indian Oil Corp. Ltd. 11,000 100,147 Indian Petrochemicals Corp. Ltd. 17,000 105,579 Industrial Development Bank of India Ltd. 74,000 130,605 Infosys Technologies Ltd. 66,851 3,085,779 Infrastructure Development Finance Co., Ltd. 185,300 354,470 ITC Ltd. 411,100 1,426,948 ITC Ltd. (GDR) 220,700 761,415 Jaiprakash Associates Ltd. 11,000 134,666 Jammu & Kashmir Bank Ltd.(a) 12,000 176,386 Jet Airways (India) Ltd. 9,000 130,270 Jindal Steel & Power Ltd. 3,000 163,622 JSW Steel Ltd. 17,000 192,183 Kotak Mahindra Bank Ltd. 32,000 351,346 Larsen & Toubro Ltd. 12,200 450,846 Larsen & Toubro Ltd. (GDR) 24,000 876,000 LIC Housing Finance Ltd.(a) 30,000 94,749 Lupin Ltd.(a) 14,300 198,697 Mahanagar Telephone Nigam Ltd. 31,000 104,343 Mahanagar Telephone Nigam Ltd. (ADR) 38,500 257,180 Mahindra & Mahindra Ltd.(a) 40,800 727,954 Maruti Udyog Ltd. 18,500 343,370 Motor Industries Co., Ltd. 2,000 150,442 Mphasis Ltd.(a) 27,000 174,803 National Aluminium Co., Ltd. 24,000 128,360 Nestle India Ltd.(a) 5,000 106,049 Neyveli Lignite Corp. Ltd.(a) 78,000 89,637 Nicholas Piramal India Ltd. 21,000 117,378 NTPC Ltd. 295,200 1,015,936 Oil & Natural Gas Corp. Ltd. 53,250 1,073,653 Patni Computer Systems Ltd. 14,000 123,412 Petronet LNG Ltd.(a) 94,000 90,184 Punjab National Bank Ltd. 13,000 141,847 Ranbaxy Laboratories Ltd. 24,000 194,295 Ranbaxy Laboratories Ltd. (GDR) 20,500 166,050 Reliance Capital Ltd. 22,000 336,190 Reliance Capital Ltd. (GDR)(144A)(a) 2,140 32,904 Reliance Communications Ltd.(a) 227,700 2,184,184 Reliance Communications Ltd. (GDR)(144A)(a) 42,816 414,617 Reliance Energy Ltd. 26,300 301,151 Reliance Energy Ltd. (GDR)(144A)(a) 1,070 36,498 Reliance Energy Ltd. (GDR)(144A) 5,900 197,650 Reliance Industries Ltd. 84,100 2,650,355 Reliance Industries Ltd. (GDR)(144A) 15,808 992,742 Reliance Industries Ltd. (GDR) 5,600 351,680 Reliance Natural Resources Ltd. (GDR)(144A)(a) 21,408 21,819 Reliance Petroleum Ltd.(a) 207,300 340,055 Satyam Computer Services Ltd. 41,300 442,978 Satyam Computer Services Ltd. (ADR) 24,000 544,800 Sesa Goa Ltd.(a) 5,000 193,478 Shipping Corp. of India Ltd. 33,000 132,364 Siemens India Ltd. 10,900 271,321 State Bank of India Ltd. (GDR) 11,800 719,800 Steel Authority of India Ltd.(a) 156,000 410,004 Sterlite Industries (India) Ltd. 12,000 128,256 Sun Pharmaceuticals Industries Ltd. 10,000 242,418 Suzlon Energy Ltd. 11,500 263,065 Syndicate Bank Ltd. 66,000 96,937 Tata Chemicals Ltd. 22,000 105,041 Tata Consultancy Services Ltd. 24,190 685,290 Tata Motors Ltd. 18,100 300,989 Tata Motors Ltd. (ADR) 19,800 320,958 Tata Power Co., Ltd. 46,000 536,189 Tata Steel Ltd. 65,600 677,384 Tata Tea Ltd.(a) 6,000 83,678 Tata Teleservices Maharashtra Ltd.(a) 280,840 136,284 Titan Industries Ltd.(a) 6,000 115,715 Ultra Tech Cement Ltd. 7,000 123,117 Unitech Ltd. 27,500 242,785 United Breweries Ltd. 34,200 208,044 United Phosphorus Ltd. 20,000 146,966 United Spirits Ltd. 7,000 131,817 UTI Bank Ltd. 49,300 556,644 Videocon Industries Ltd. 11,000 111,380 Videsh Sanchar Nigam Ltd. 12,000 110,310 Videsh Sanchar Nigam Ltd. (ADR) 11,100 205,572 Voltas Ltd. 41,700 80,340 Wipro Ltd. 20,300 260,843 Wipro Ltd. (ADR) 13,100 206,325 Wire & Wireless India Ltd.(a) 17,750 35,835 Zee News Ltd.(a) 16,049 14,234 Zee Telefilms Ltd. 76,200 441,213 --------------------------------------------------------------------------------------------------------- $ 53,478,202 --------------------------------------------------------------------------------------------------------- Indonesia -- 3.1% --------------------------------------------------------------------------------------------------------- Aneka Tambang Tbk PT 1,717,500 $ 2,216,074 Astra Argo Lestari Tbk PT 420,000 577,900 Astra International Tbk PT 1,323,000 1,905,016 Bakrie & Brothers Tbk PT(a) 60,364,000 1,230,032 Bank Central Asia Tbk PT 3,801,000 2,115,054 Bank Danamon Indonesia Tbk PT 685,000 488,859 Bank Internasional Indonesia Tbk PT 6,667,000 140,461 Bank Mandiri PT 2,758,000 751,333 Bank Niaga Tbk PT 4,309,000 347,429 Bank Pan Indonesia Tbk PT(a) 3,525,272 211,601 Bank Rakyat Indonesia PT 2,974,000 1,636,156 Berlian Laju Tanker Tbk PT 1,250,000 256,831 Bumi Resources Tbk PT 8,789,000 1,276,621 Energi Mega Persada Tbk PT(a) 3,938,000 265,871 Gudang Garam Tbk PT 763,500 881,830 Indah Kiat Pulp & Paper Corp. Tbk PT(a) 1,095,000 104,128 Indocement Tunggal Prakarsa Tbk PT 500,000 278,456 Indofood Sukses Makmur Tbk PT 6,576,500 1,091,318 Indonesian Satellite Corp. Tbk PT 1,322,500 902,107 International Nickel Indonesia Tbk PT 130,000 771,608 Kalbe Farma Tbk PT(a) 1,517,000 200,342 Kawasan Industri Jababeka Tbk PT 10,550,000 252,339 Matahari Putra Prima Tbk PT 1,600,000 120,717 Medco Energi Internasional Tbk PT 1,397,000 546,626 Perusahaan Gas Negara PT 1,000,000 1,019,404 Perusahaan Perkebunan London Sumatra Indonesia Tbk PT 454,000 307,331 Ramayana Lestari Sentosa Tbk PT 4,100,000 362,533 Semen Gresik Persero Tbk PT 265,500 1,153,323 Telekomunikasi Indonesia Tbk PT 3,895,160 4,191,318 Tempo Scan Pacific Tbk PT 2,000,000 183,192 Unilever Indonesia Tbk PT 852,700 529,293 United Tractors Tbk PT 3,396,000 2,742,408 --------------------------------------------------------------------------------------------------------- $ 29,057,511 --------------------------------------------------------------------------------------------------------- Israel -- 3.0 --------------------------------------------------------------------------------------------------------- Africa-Israel Investments Ltd. 6,700 $ 697,122 Alvarion Ltd.(a) 13,900 111,860 AudioCodes Ltd.(a) 10,200 68,952 Azorim Investment Development & Construction Co., Ltd. 9,900 110,949 Bank Hapoalim B.M 362,252 1,736,920 Bank Leumi Le-Israel 315,224 1,131,879 Bezeq Israeli Telecommunication Corp. Ltd. 1,280,638 1,972,184 Check Point Software Technologies Ltd.(a) 56,041 1,248,593 Clal Industries Ltd. 21,900 130,464 Clal Insurance & Enterprise Holdings Ltd. 5,900 167,491 Delek Automotive Systems Ltd. 17,000 131,501 Delek Group Ltd. 1,300 253,889 Discount Investment Corp. 3,650 104,758 ECI Telecom Ltd.(a) 18,600 152,520 ECtel Ltd.(a) 237 1,093 Elbit Medical Imaging Ltd. 3,900 166,957 Elbit Systems Ltd. 7,000 249,064 First International Bank of Israel Ltd.(a) 9,100 112,299 Frutarom 21,000 172,206 Gazit Globe (1982) Ltd. 14,000 184,704 Gilat Satellite Networks Ltd.(a) 29,100 239,067 Given Imaging Ltd.(a) 8,000 172,800 Harel Insurance Investments Ltd. 3,000 167,560 Housing & Construction Holdings Ltd.(a) 85,800 121,318 IDB Development Corp. Ltd. 2,976 103,897 IDB Holding Corp. Ltd. 7,103 206,939 Israel Chemicals Ltd. 382,215 2,604,986 Israel Corp. Ltd. 1,850 973,799 Israel Discount Bank Ltd. (Series 'A')(a) 275,000 578,071 Koor Industries Ltd.(a) 3,023 171,518 Makhteshim-Agan Industries Ltd. 254,757 1,606,452 Mizrahi Tefahot Bank Ltd. 58,000 429,317 Ness Technologies, Inc.(a) 9,500 121,410 Nice Systems Ltd.(a) 15,800 540,180 Orbotech Ltd.(a) 10,000 220,300 Ormat Industries Ltd. 26,500 314,671 Osem Investment Ltd. 6,519 58,463 Partner Communications Co., Ltd. 110,860 1,631,292 Property & Building Corp. Ltd. 1,000 151,229 RADVision Ltd.(a) 6,800 160,480 RADWARE Ltd.(a) 7,700 103,950 Retalix Ltd.(a) 5,900 115,695 Saifun Semiconductors Ltd.(a) 7,000 82,250 Strauss-Elite Ltd. 17,400 188,685 Super-Sol Ltd.(a) 68,000 276,250 Syneron Medical Ltd.(a) 15,600 421,980 Tadiran Communications Ltd. 3,100 139,786 Teva Pharmaceutical Industries Ltd. 82,999 3,104,691 Teva Pharmaceutical Industries Ltd. (ADR) 123,200 4,611,376 --------------------------------------------------------------------------------------------------------- $ 28,523,817 --------------------------------------------------------------------------------------------------------- Kenya -- 0.8 --------------------------------------------------------------------------------------------------------- Athi River Mining Ltd. 561,200 $ 592,673 Bamburi Cement Co., Ltd. 276,541 805,655 Barclays Bank of Kenya Ltd. 875,880 867,587 East African Breweries Ltd. 533,000 1,086,963 East African Portland Cement Co., Ltd. 40,900 68,514 Kenya Airways Ltd. 1,127,600 1,560,408 Kenya Commercial Bank Ltd. 331,940 1,083,725 Kenya Oil Co., Ltd. 78,000 113,620 Kenya Power & Lighting Ltd. 112,650 321,623 Mumias Sugar Co., Ltd. 181,638 81,696 Nation Media Group Ltd. 89,673 318,721 NIC Bank Ltd. 147,120 197,160 Standard Chartered Bank Kenya Ltd. 68,420 194,347 --------------------------------------------------------------------------------------------------------- $ 7,292,692 --------------------------------------------------------------------------------------------------------- Latvia -- 0.0 --------------------------------------------------------------------------------------------------------- Grindeks(a) 12,000 $ 176,096 Latvian Shipping Co.(a) 96,000 201,534 --------------------------------------------------------------------------------------------------------- $ 377,630 --------------------------------------------------------------------------------------------------------- Lithuania -- 0.6 --------------------------------------------------------------------------------------------------------- Apranga PVA 87,200 $ 542,930 Bankas Snoras 143,500 275,528 Invalda PVA 35,000 171,686 Klaipedos Nafta PVA 525,000 234,588 Lietuvos Dujos 200,000 278,230 Mazeikiu Nafta 90,000 346,968 Pieno Zvaigzdes 40,000 79,146 Rokiokio Suris 9,000 209,612 Siauliu Bankas 230,882 326,506 Snaige(a) 44,000 191,698 Teo LT AB 1,090,000 1,168,773 Teo LT AB (GDR) 60,000 645,360 Ukio Bankas Commercial Bank 635,000 1,028,309 --------------------------------------------------------------------------------------------------------- $ 5,499,334 --------------------------------------------------------------------------------------------------------- Malaysia -- 3.2 --------------------------------------------------------------------------------------------------------- Affin Holdings Bhd 236,000 $ 160,313 Airasia Bhd(a) 282,700 144,661 AMMB Holdings Bhd 267,600 292,042 Astro All Asia Networks Plc 136,500 185,483 Berjaya Sports Toto Bhd 221,384 298,397 British American Tobacco Malaysia Bhd 33,500 445,458 Bumiputra-Commerce Holdings Bhd 421,433 1,211,662 Bursa Malaysia Bhd 81,000 259,990 Dialog Group Bhd 588,000 263,066 Digi.com Bhd 100,000 541,164 EON Capital Bhd 111,000 215,299 Gamuda Bhd 488,700 1,130,940 Genting Bhd 126,200 1,450,332 Golden Hope Plantations Bhd 100,000 196,091 Guinness Anchor Bhd 67,000 117,983 Highlands & Lowlands Bhd 100,000 177,761 Hong Leong Bank Bhd 144,400 250,263 Hong Leong Credit Bhd 61,500 102,172 IGB Corp. Bhd 312,000 226,353 IJM Corp. Bhd 437,800 1,094,099 IOI Corp. Bhd 212,187 1,354,194 KLCC Property Holdings Bhd 250,000 248,594 Kuala Lumpur Kepong Bhd 67,350 233,104 Lafarge Malayan Cement Bhd 1,562,200 785,276 Malakoff Bhd 80,750 238,221 Malayan Banking Bhd 421,855 1,563,329 Malaysia International Shipping Corp. Bhd 289,700 766,765 Malaysian Bulk Carriers Bhd 164,000 181,147 Malaysian Oxygen Bhd 93,900 396,512 Malaysian Pacific Industries Bhd 73,000 217,025 Malaysian Plantations Bhd(a) 134,800 111,837 Malaysian Resources Corp. Bhd(a) 1,002,600 646,672 Maxis Communications Bhd 338,400 1,163,573 MMC Corp. Bhd 233,000 404,244 Nestle Malaysia Bhd 6,000 42,357 Petra Perdana Bhd 322,567 298,160 Petronas Dagangan Bhd 435,500 774,044 Petronas Gas Bhd 71,000 183,863 PLUS (Projek Lebuhraya Utara Selatan) Expressways Bhd 139,700 121,978 Pos Malaysia & Services Holdings Bhd 110,000 151,339 PPB Group Bhd 252,000 465,968 PPB Oil Palms Bhd 90,000 337,801 Public Bank Bhd 445,887 1,142,666 Resorts World Bhd 114,000 565,816 RHB Capital Bhd 150,000 207,260 Scomi Group Bhd 803,700 271,340 Shell Refining Co. Bhd 201,100 640,037 Sime Darby Bhd 799,900 1,869,018 SP Setia Bhd 140,000 311,770 Star Publications (Malaysia) Bhd 104,000 97,363 Ta Ann Holdings Bhd 137,280 416,384 Tan Chong Motor Holdings Bhd 219,000 76,537 Tanjong Plc 68,000 304,536 Telekom Malaysia Bhd 228,100 659,723 Tenaga Nasional Bhd 297,625 981,540 Titan Chemicals Corp. Bhd 940,500 457,464 Top Glove Corp. Bhd 105,000 272,930 Transmile Group Bhd 35,000 132,260 Uchi Technologies Bhd 237,400 216,891 UEM Builders Bhd 457,000 218,682 UEM World Bhd 689,300 892,304 UMW Holdings Bhd 57,000 178,049 Unisem (M) Bhd 215,000 124,054 YTL Corp. Bhd 155,584 307,921 YTL e-Solutions Bhd 577,000 112,222 YTL Power International Bhd 530,980 356,007 --------------------------------------------------------------------------------------------------------- $ 30,262,306 --------------------------------------------------------------------------------------------------------- Mauritius -- 0.5 --------------------------------------------------------------------------------------------------------- Air Mauritius Ltd.(a) 83,400 $ 49,729 Ireland Blyth Ltd. 64,209 127,620 Mauritius Commercial Bank 463,595 1,425,339 Mauritius Development Investment Trust Co., Ltd. 600,000 97,826 Mon Tresor & Mon Desert Ltd. 23,449 49,884 New Mauritius Hotels Ltd. 235,400 906,509 Rogers & Co., Ltd. 48,555 396,583 Shell Mauritius Ltd. 22,000 34,622 State Bank of Mauritius Ltd. 641,899 960,855 Sun Resorts Ltd. 95,730 233,157 United Basalt Products Ltd.(a) 85,125 114,205 --------------------------------------------------------------------------------------------------------- $ 4,396,329 --------------------------------------------------------------------------------------------------------- Mexico -- 6.4 --------------------------------------------------------------------------------------------------------- Alfa SA de CV (Series 'A') 381,572 $ 2,823,802 America Movil SA de CV (Series 'L') 4,617,658 11,112,740 Carso Global Telecom SA de CV (Series 'A1')(a) 160,800 730,000 Carso Infraestructura y Construccion SA(a) 630,000 584,716 Cemex SAB de CV (Series 'CPO') 1,984,570 6,518,812 Coca-Cola Femsa SA de CV (Series 'L') 77,000 277,959 Consorcio ARA SA de CV 472,000 816,136 Controladora Comercial Mexicana SA de CV 80,000 226,599 Corporacion GEO SA de CV (Series 'B')(a) 107,300 625,588 Desarrolladora Homex SA de CV(a) 25,100 243,899 Empresas ICA SA de CV(a) 431,819 1,671,355 Fomento Economico Mexicano SA de CV (Series 'UBD') 190,500 2,110,612 Grupo Aeroportuario del Sureste SAB de CV (Class 'B' Shares) 72,826 347,083 Grupo Bimbo SA de CV (Series 'A') 141,527 713,322 Grupo Carso SA de CV (Series 'A1') 731,000 2,668,683 Grupo Elektra SA de CV 9,626 149,921 Grupo Financiero Banorte SA de CV (Class 'O' Shares) 1,512,100 7,195,572 Grupo Financiero Inbursa SA de CV (Class 'O' Shares) 1,060,808 2,100,133 Grupo IMSA SA de CV 28,827 141,079 Grupo Iusacell SA de CV(a) 136,250 2,140,603 Grupo Mexico SA de CV (Series 'B') 339,330 1,587,022 Grupo Modelo SA de CV (Series 'C') 146,000 749,126 Grupo Televisa SA (Series 'CPO') 446,118 2,677,559 Impulsora del Desarrollo y el Empleo en America Latina SA de CV (Series 'B1')(a) 1,268,730 1,593,474 Industrias CH SA (Series 'B')(a) 39,452 166,923 Industrias Penoles SA de CV 29,929 347,901 Kimberly-Clark de Mexico SA de CV 121,570 552,014 Mexichem SA de CV 120,000 313,854 Organizacion Soriana SAB de CV (Class 'B' Shares) 75,000 224,765 Promotora y Operadora deInfraestructura SA de CV(a) 150,000 411,116 Telefonos de Mexico SA de CV (Series 'L') 2,262,460 3,774,362 TV Azteca SA de CV (Series 'CPO') 593,565 554,673 Urbi Desarrollos Urbanos SA de CV(a) 183,000 771,952 US Commercial Corp. SA de CV(a) 128,000 15,344 Vitro SA de CV (Series 'A') 124,168 274,012 Wal-Mart de Mexico SA de CV (Series 'V') 779,632 3,338,296 --------------------------------------------------------------------------------------------------------- $ 60,551,007 --------------------------------------------------------------------------------------------------------- Morocco -- 1.8 --------------------------------------------------------------------------------------------------------- Attijariwafa Bank 8,180 $ 2,550,663 Banque Marocaine du Commerce Exterieur (BMCE) 9,120 2,352,925 Banque Marocaine pour le Commerce et L' Industrie (BMCI) 2,200 339,723 Centrale Laitiere 420 358,086 Ciments du Maroc 1,665 575,764 Cosumar Compagnie Sucriere Marocaine et de Raffinage 1,637 193,248 CTM(a) 1,560 59,962 Douja Promotion Groupe Addoha SA(a) 2,900 1,011,248 Holcim Maroc SA 2,082 736,101 Lafarge Ciments 700 471,605 Lesieur Cristal SA 1,663 174,108 Managem 2,800 184,270 Maroc Telecom 146,141 2,377,730 ONA SA 9,623 1,892,662 RISMA(a) 3,100 146,441 Samir 6,247 767,257 Societe des Brasseries du Maroc 3,529 877,654 Societe Nationale d'Investissement 3,565 841,945 SONASID (Societe Nationale de Siderurgie) 1,700 670,875 --------------------------------------------------------------------------------------------------------- $ 16,582,267 --------------------------------------------------------------------------------------------------------- Nigeria -- 0.9 --------------------------------------------------------------------------------------------------------- African Petroleum Plc(a) 894,000 $ 453,894 Ashaka Cement Plc 612,000 338,645 Cadbury Nigeria Plc 400,000 121,266 Conoil Plc(a) 322,000 182,454 Dangote Sugar Refinery Plc 450,600 129,211 First Bank of Nigeria Plc 3,897,096 1,157,402 Guaranty Trust Bank Plc 4,366,666 1,099,943 Guiness Nigeria Plc 418,750 392,732 Mobil Nigeria Plc 119,008 184,162 Nestle Foods Nigeria Plc 80,000 187,567 Nigeria Bottling Co., Plc 300,000 94,959 Nigerian Breweries Plc 401,000 119,093 Oando Plc 339,000 203,215 Oceanic Bank International Plc 2,408,750 367,666 PZ Industries Plc 2,216,666 435,710 Total Nigeria Plc 149,500 220,832 UAC of Nigeria Plc(a) 1,581,000 466,824 UACN Property Development Co., Plc 2,000,000 304,963 Unilever Nigeria Plc(a) 3,750,000 383,646 Union Bank of Nigeria Plc 2,346,666 550,215 United Bank for Africa Plc 1,440,000 427,555 Zenith Bank Ltd. 2,000,000 625,244 --------------------------------------------------------------------------------------------------------- $ 8,447,198 --------------------------------------------------------------------------------------------------------- Oman -- 0.7 --------------------------------------------------------------------------------------------------------- Alliance Housing Bank 142,600 $ 100,772 Bank Dhofar SAOG 223,749 232,527 Bank Muscat SAOG 501,930 1,408,377 Dhofar International Development & Investment Holding Co. 143,200 110,497 National Bank of Oman Ltd. 36,340 471,976 Oman Cables Industry SAOG 154,500 521,824 Oman Cement Co. SAOG 17,000 247,337 Oman Flour Mills Co., Ltd. SAOG 35,000 163,224 Oman International Bank SAOG 55,300 437,487 Oman National Investment Corp. Holdings 8,000 109,119 Oman Telecommunications Co. 406,000 1,150,808 Ominvest 80,700 90,995 Raysut Cement Co. SAOG 266,000 767,108 Renaissance Holdings Co. 517,000 769,657 Shell Oman Marketing Co. 66,100 251,589 --------------------------------------------------------------------------------------------------------- $ 6,833,297 --------------------------------------------------------------------------------------------------------- Pakistan -- 0.8 --------------------------------------------------------------------------------------------------------- Adamjee Insurance Co., Ltd. 35,200 $ 114,277 Allied Bank Ltd. 28,200 43,395 Askari Commercial Bank 90,750 115,134 Bank AL Habib Ltd. 63,700 58,934 Bank Alfalah Ltd.(a) 352,950 265,824 Bank of Punjab(a) 87,450 124,830 D.G. Khan Cement Co., Ltd. 66,000 93,983 Engro Chemical Pakistan Ltd. 51,000 156,012 Fauji Cement Co. Ltd. 321,500 87,858 Fauji Fertilizer Bin Qasim Ltd. 141,000 73,772 Fauji Fertilizer Co., Ltd. 147,000 255,457 Faysal Bank Ltd. 92,000 96,940 GlaxoSmithKline Pakistan Ltd. 8,300 21,042 Hub Power Co., Ltd. 879,000 418,916 ICI Pakistan Ltd. 52,500 111,098 Indus Motor Co., Ltd. 112,000 442,180 Kot Addu Power Co., Ltd. 137,500 132,192 Lucky Cement Ltd. 98,000 128,151 Maple Leaf Cement Factory Ltd.(a) 143,000 42,962 Muslim Commercial Bank Ltd. 275,425 1,227,159 National Bank of Pakistan 119,945 452,566 National Refinery Ltd. 16,000 63,268 Nishat Chunian Ltd. 260,000 160,168 Nishat Mills Ltd. 290,300 479,413 Oil & Gas Development Co., Ltd. 95,000 185,891 Pak Suzuki Motor Co., Ltd. 46,300 395,247 Pakistan Industrial Credit & Investment Corp. Ltd. 106,150 112,326 Pakistan Oil Fields Ltd. 39,000 204,968 Pakistan Petroleum Ltd. 67,000 269,465 Pakistan State Oil Co., Ltd. 60,000 348,395 Pakistan Telecommunication Co., Ltd. 535,000 416,655 Shell Pakistan Ltd. 12,500 79,978 SUI Northern Gas Pipelines Ltd. 259,700 279,601 SUI Southern Gas Co., Ltd. 291,000 115,656 Telecard Ltd.(a) 517,000 75,354 Union Bank Ltd.(a)(b) 118,250 71,248 --------------------------------------------------------------------------------------------------------- $ 7,720,315 --------------------------------------------------------------------------------------------------------- Peru -- 1.5 --------------------------------------------------------------------------------------------------------- Alicorp SA 1,589,463 $ 1,648,147 Cementos Lima SA 4,981 100,950 Cia de Minas Buenaventura SA 41,440 1,230,504 Cia de Minas Buenaventura SA (ADR) 36,649 1,097,638 Cia Minera Atacocha SA 51,862 304,735 Cia Minera Milpo SA 270,757 1,182,568 Credicorp Ltd. 58,200 2,836,752 Edegel SA 1,814,811 1,197,519 Empresa Agroindustrial Casa 78,200 224,833 Grande SA(a) Ferreyros SA 263,091 475,341 Grana y Montero SA(a) 226,974 442,180 Luz del Sur SAA 83,400 141,511 Minsur SA 353,485 1,005,197 Sociedad Minera Cerro Verde SA(a) 47,600 942,480 Sociedad Minera el Brocal SA 30,100 462,495 Southern Copper Corp. 9,060 649,149 Volcan Cia Minera SA (Class 'B' Shares) 109,212 327,722 --------------------------------------------------------------------------------------------------------- $ 14,269,721 --------------------------------------------------------------------------------------------------------- Philippines -- 2.8 --------------------------------------------------------------------------------------------------------- Aboitiz Equity Ventures, Inc. 10,938,000 $ 1,877,982 Ayala Corp. 95,856 1,109,129 Ayala Land, Inc. 3,101,840 1,056,023 Banco De Oro 400,000 496,420 Bank of the Philippine Islands 1,070,064 1,448,840 Benpres Holdings Corp.(a) 14,870,000 1,041,945 Equitable PCI Bank, Inc.(a) 485,000 1,033,634 Filinvest Land, Inc.(a) 16,105,546 558,398 First Gen Corp. 190,000 220,343 First Philippine Holdings Corp. 124,000 181,893 Globe Telecom, Inc. 17,000 432,345 Holcim Philippines, Inc. 3,024,000 556,594 International Container Terminal Services, Inc. 853,000 484,702 JG Summit Holding, Inc. 7,131,000 1,878,145 Jollibee Foods Corp. 500,000 562,513 Manila Electric Co. (Class 'B' Shares) 594,286 847,376 Megaworld Corp. 5,760,000 397,893 Metropolitan Bank & Trust Co. 894,875 1,152,291 Petron Corp. 9,477,423 920,204 Philippine Long Distance Telephone Co. 114,060 5,977,508 San Miguel Corp. (Class 'B' Shares) 1,891,600 2,799,380 SM Investments Corp. 100,000 733,961 SM Prime Holdings, Inc. 2,749,000 653,440 Universal Robina Corp. 950,000 338,769 --------------------------------------------------------------------------------------------------------- $ 26,759,728 --------------------------------------------------------------------------------------------------------- Poland -- 3.2 --------------------------------------------------------------------------------------------------------- Agora SA 53,392 $ 864,357 Bank Millennium SA 196,243 753,669 Bank Pekao SA 36,600 3,218,101 Bank Przemyslowo-Handlowy BPH 3,226 1,089,337 Bank Zachodni WBK SA 7,350 677,488 Bioton SA(a) 1,166,000 882,437 BRE Bank SA(a) 4,000 654,272 Budimex SA(a) 9,900 341,855 Cersanit-Krasnystaw SA(a) 63,800 892,727 ComArch SA(a) 4,100 323,788 ComputerLand SA 10,172 344,878 Echo Investment SA(a) 24,000 934,844 Globe Trade Centre SA(a) 15,000 263,471 Grupa Kety SA 2,600 171,333 Grupa Lotos SA(a) 17,767 260,366 KGHM Polska Miedz SA 58,290 1,947,210 KGHM Polska Miedz SA (GDR) 11,300 760,490 Netia SA 202,500 287,106 Orbis SA 60,680 1,822,356 PBG SA(a) 5,400 671,682 Polimex Mostostal SA 8,900 659,123 Polish Oil & Gas 320,015 462,069 Polska Grupa Farmaceutyczna SA 9,000 250,298 Polski Koncern Naftowy Orlen SA 122,225 1,996,260 Powszechna Kasa Oszczednosci Bank Polski SA 135,636 2,233,904 Prokom Software SA 24,781 1,280,846 Softbank SA 32,523 816,685 Telekomunikacja Polska SA 248,506 2,029,989 Telekomunikacja Polska SA (GDR)(144A) 76,100 620,215 Telekomunikacja Polska SA (GDR) 169,000 1,377,350 TVN SA(a) 138,555 1,243,841 --------------------------------------------------------------------------------------------------------- $ 30,132,347 --------------------------------------------------------------------------------------------------------- Qatar -- 1.5 --------------------------------------------------------------------------------------------------------- Barwa Real Estate Co.(a) 34,700 $ 274,583 Commercial Bank of Qatar 40,022 897,307 Doha Bank Ltd. 38,754 691,057 First Finance Co. 31,100 225,588 Industries Qatar 111,007 2,531,517 Masraf Al Rayan(a) 227,200 923,894 Qatar Electricity & Water Co. 14,200 261,796 Qatar Fuel 10,000 253,603 Qatar Gas Transport Co., Ltd. (NAKILAT)(a) 393,556 2,054,530 Qatar Insurance Co. 9,400 235,029 Qatar International Islamic Bank 24,450 558,926 Qatar Islamic Bank 41,100 1,001,654 Qatar National Bank 30,975 1,382,984 Qatar National Navigation 21,567 485,910 Qatar Real Estate Investment Co. 15,000 130,236 Qatar Shipping Co. 26,900 481,895 Qatar Telecom QSC 18,490 1,194,378 Salam International Investment Co., Ltd. 34,800 135,775 United Development Co. 30,700 249,679 --------------------------------------------------------------------------------------------------------- $ 13,970,341 --------------------------------------------------------------------------------------------------------- Romania -- 0.8 --------------------------------------------------------------------------------------------------------- Antibiotice SA(a) 907,000 $ 669,393 Banca Transilvania(a) 3,318,500 1,395,406 BRD-Group Societe Generale 265,700 2,226,484 Impact SA(a) 3,116,020 971,623 Rompetrol Rafinare SA(a) 10,428,000 400,332 SNP Petrom SA 5,238,106 1,182,686 Transelectrica SA(a) 16,000 300,904 --------------------------------------------------------------------------------------------------------- $ 7,146,828 --------------------------------------------------------------------------------------------------------- Russia -- 6.3 --------------------------------------------------------------------------------------------------------- Aeroflot - Russian 100,000 $ 283,869 International Airlines AvtoVAZ 21,000 2,211,618 Cherepovets MK Severstal 25,804 352,204 Golden Telecom, Inc. (ADR) 700 38,766 Irkutskenergo (ADR) 11,500 632,500 JSC MMC Norilsk Nickel (ADR) 12,900 2,451,000 JSC Scientific Production Corp. Irkut (ADR)(a) 18,333 538,990 LUKOIL (ADR) 66,100 5,717,650 Magadanenergo(a) 1,000,000 87,500 Mobile Telesystems (ADR) 40,600 2,271,976 Mosenergo (ADR) 12,900 327,402 OAO Gazprom(c) 1,137,300 11,655,462 OAO Gazprom (ADR) 68,000 2,849,200 OAO Rosneft Oil Co. 11,600 96,202 OAO Rosneft Oil Co. (GDR)(a) 165,000 1,392,353 Polyus Gold Co.(a) 11,392 550,234 Rostelecom 75,000 644,669 Sberbank RF 2,200 7,726,071 Sberbank RF (GDR) 8,042 2,866,973 Sibneft 77,000 320,740 Sistema JSFC (GDR) 19,000 542,052 Surgutneftegaz (ADR) 35,200 2,224,640 Surgutneftegaz (ADR) (PFD Shares) 24,500 2,002,875 Tatneft 7,250 688,750 Transneft 200 407,102 Unified Energy System (GDR) 30,494 4,154,807 United Heavy Machinery Uralmash-Izhora Group(a) 44,500 422,657 Uralsvyazinform (ADR) 6,329 82,277 VimpelCom (ADR)(a) 19,500 1,849,380 Wimm-Bill-Dann Foods OJSC (ADR) 49,500 3,953,070 --------------------------------------------------------------------------------------------------------- $ 59,342,989 --------------------------------------------------------------------------------------------------------- South Africa -- 6.4 --------------------------------------------------------------------------------------------------------- ABSA Group Ltd. 51,073 $ 976,986 Adcorp Holdings Ltd. 33,900 158,566 AECI Ltd. 25,300 253,114 African Bank Investments Ltd. 81,000 337,954 African Oxygen Ltd. (AFROX) 32,000 130,830 Alexander Forbes Ltd.(a) 132,100 300,308 Allied Electronics Corp. Ltd. 23,200 148,475 Allied Electronics Corp. Ltd. (PFD Shares) 45,400 273,944 Allied Technologies Ltd. 14,300 131,715 Anglo Platinum Ltd. 9,500 1,493,579 AngloGold Ashanti Ltd. 12,562 559,574 AngloGold Ashanti Ltd. (ADR) 20,619 919,401 Argent Industrial Ltd. 45,100 110,647 Aspen Pharmacare Holdings Ltd.(a) 63,510 323,537 Aveng Ltd. 187,200 1,185,941 AVI Ltd. 52,000 144,722 Barloworld Ltd. 84,100 2,089,880 Bell Equipment Ltd.(a) 28,200 128,739 Bidvest Group Ltd. 144,537 2,750,391 Business Connexion Group 127,400 121,365 DataTec Ltd. 98,000 530,402 Discovery Holdings Ltd. 36,400 144,633 Distribution & Warehousing Network Ltd.(a) 61,700 135,893 Edgars Consolidated Stores Ltd. 120,000 749,855 Ellerine Holdings Ltd. 17,300 195,492 FirstRand Ltd. 898,385 3,031,542 Foschini Ltd. 27,423 260,856 Gold Fields Ltd. 109,380 2,016,183 Grindrod Ltd. 65,000 152,065 Group Five Ltd. 52,000 405,272 Growthpoint Properties Ltd. 127,100 259,180 Harmony Gold Mining Co., Ltd.(a) 64,900 901,413 Hyprop Investments Ltd. 23,000 141,360 Illovo Sugar Ltd. 51,000 133,488 Impala Platinum Holdings Ltd. 90,568 2,842,675 Imperial Holdings Ltd.(a) 43,312 903,873 Investec Ltd. 25,100 323,044 JD Group Ltd. 14,214 174,336 Johnnic Communications Ltd. 13,578 166,904 Johnnic Holdings Ltd.(a) 200 317 JSE Ltd. 23,000 223,554 Kumba Iron Ore Ltd.(a) 11,000 225,991 Kumba Resources Ltd. 11,000 99,050 Lewis Group Ltd. 17,000 160,216 Liberty Group Ltd. 15,000 170,260 Massmart Holdings Ltd. 40,800 474,095 Medi-Clinic Corp. Ltd. 38,000 131,655 Metropolitan Holdings Ltd. 65,000 132,955 Mittal Steel South Africa Ltd. 27,000 440,320 Mr. Price Group Ltd. 36,000 147,697 MTN Group Ltd. 570,480 7,728,494 Murray & Roberts Holdings Ltd. 137,500 1,058,203 Mustek Ltd. 53,000 68,310 Mvelaphanda Group Ltd. 295,100 454,687 Nampak Ltd. 65,700 200,431 Naspers Ltd. (Class 'N' Shares) 63,368 1,527,363 Nedbank Group Ltd. 81,383 1,575,412 Network Healthcare Holdings Ltd.(a) 305,800 582,366 Pick'n Pay Stores Ltd. 104,260 493,343 Remgro Ltd. 90,705 2,262,143 Reunert Ltd. 74,200 825,318 RMB Holdings Ltd. 120,400 596,361 Sanlam Ltd. 273,690 751,326 Santam Ltd. 9,900 138,704 Sappi Ltd. 23,820 363,309 Sasol Ltd. 97,736 3,261,910 Shoprite Holdings Ltd. 126,153 483,212 Spar Group Ltd. 30,000 205,721 Standard Bank Group Ltd. 173,053 2,542,724 Steinhoff International Holdings Ltd. 280,700 903,469 Sun International Ltd. 19,000 360,769 Super Group Ltd. 130,000 242,716 Telkom South Africa Ltd. 90,000 2,055,167 Tiger Brands Ltd. 62,016 1,509,030 Tongaat-Hulett Group Ltd. 8,400 142,192 Tradehold Ltd.(a) 29,862 9,379 Trencor Ltd. 25,400 119,368 Truworths International Ltd. 116,000 564,092 Wilson Bayly Holmes-Ovcon Ltd. 9,400 113,694 Woolworths Holdings Ltd. 160,942 483,406 --------------------------------------------------------------------------------------------------------- $ 59,836,863 --------------------------------------------------------------------------------------------------------- South Korea -- 6.0 --------------------------------------------------------------------------------------------------------- Amorepacific Corp. 3,094 $ 637,017 Asiana Airlines, Inc. 13,400 91,392 Cheil Communications, Inc. 866 216,003 Cheil Industries, Inc. 6,500 260,371 CJ Corp. 2,100 211,511 Daegu Bank 13,200 239,141 Daelim Industrial Co., Ltd. 2,500 238,693 Daesang Corp.(a) 29,700 383,596 Daesang Holdings Co., Ltd. 18,000 92,098 Daewoo Engineering & Construction Co., Ltd. 13,000 257,559 Daewoo International Corp. 4,700 195,208 Daewoo Securities Co., Ltd. 12,000 213,816 Daewoo Shipbuilding & Marine Engineering Co., Ltd. 8,500 311,149 DC Chemical Co., Ltd. 2,100 144,392 Dongkuk Steel Mill Co., Ltd. 9,400 258,732 Doosan Corp.(a) 2,400 195,833 Doosan Heavy Industries & Construction Co., Ltd. 3,000 193,353 Doosan Infracore Co., Ltd. 6,200 157,733 GS Engineering & Construction Corp. 4,000 357,084 GS Holdings Corp. 5,554 217,412 Hana Financial Group, Inc. 18,765 969,167 Hanarotelecom, Inc.(a) 44,200 407,210 Hanil Cement Co., Ltd. 1,200 107,038 Hanjin Heavy Industries & Construction Co., Ltd. 4,200 147,080 Hanjin Shipping Co., Ltd. 12,900 488,495 Hanjin Transportation Co., Ltd. 3,200 118,299 Hankook Tire Co., Ltd. 7,400 122,501 Hanmi Pharm Co., Ltd. 1,551 199,835 Hansol Paper Co., Ltd.(a) 7,700 120,756 Hanwha Chemical Corp. 9,000 139,704 Hanwha Corp. 9,800 397,646 Hanwha Securities Co., Ltd. 40,000 420,384 Hite Brewery Co., Ltd. 1,950 232,756 Honam Petrochemical Corp. 2,600 224,841 Hynix Semiconductor, Inc.(a) 28,070 962,932 Hyosung Corp. 4,800 161,182 Hyundai Autonet Co., Ltd. 10,300 76,007 Hyundai Department Store Co., Ltd. 1,400 117,144 Hyundai Development Co. 6,700 367,811 Hyundai Engineering & Construction Co., Ltd.(a) 6,500 348,983 Hyundai Heavy Industries Co., Ltd. 4,000 796,071 Hyundai Merchant Marine Co., Ltd. 14,600 339,013 Hyundai Mipo Dockyard Co., Ltd. 880 161,665 Hyundai Mobis 7,300 626,500 Hyundai Motor Co., Ltd. 20,570 1,440,441 Hyundai Motor Co., Ltd. (PFD Shares) 6,500 250,512 Hyundai Steel Co. 8,500 322,245 Industrial Bank of Korea 12,600 251,531 Kangwon Land, Inc. 36,658 686,597 KCC Corp. 500 151,030 Kia Motors Corp. 22,300 300,236 Kookmin Bank 11,900 1,070,341 Kookmin Bank (ADR) 18,084 1,630,273 Korea Electric Power Corp. 49,030 1,947,574 Korea Express Co., Ltd.(a) 2,000 170,587 Korea Gas Corp. 4,400 174,799 Korea Zinc Co., Ltd. 2,300 244,237 Korean Air Lines Co., Ltd. 8,166 317,880 KT Corp. 51,300 2,299,212 KT Freetel Co., Ltd. 17,600 491,841 KT&G Corp. 27,980 1,826,281 KTBNetwork Co., Ltd. (ADR)(a) 80,000 476,994 LG Card Co., Ltd.(a) 247 11,305 LG Chem Ltd. 2,400 120,616 LG Chem Ltd. (GDR)(144A) 9,240 232,572 LG Corp. 8,900 300,376 LG Dacom Corp. 10,300 242,892 LG Electronics, Inc. 9,019 613,464 LG Household & Health Care Ltd. 1,100 135,601 LG Petrochemical Co., Ltd. 4,500 132,525 LG Telecom Ltd.(a) 37,300 422,775 LG.Philips LCD Co., Ltd.(a) 12,600 438,896 Lotte Chilsung Beverage Co., Ltd. 100 127,480 Lotte Confectionery Co., Ltd. 90 115,086 Lotte Shopping Co., Ltd. 1,200 421,499 Macquarie Korea Infrastructure Fund 13,900 104,137 NHN Corp.(a) 3,700 540,791 ORION Corp. 600 148,300 Poongsan Corp. 5,600 124,635 POSCO 12,490 5,207,990 S-Oil Corp. 7,700 529,831 Samsung Corp. 25,930 934,334 Samsung Electro-Mechanics Co., Ltd. 4,200 143,988 Samsung Electronics Co., Ltd. 10,318 6,153,142 Samsung Electronics Co., Ltd. (PFD Shares) 1,950 914,718 Samsung Engineering Co., Ltd. 2,300 142,786 Samsung Fine Chemicals Co., Ltd. 4,300 124,329 Samsung Fire & Marine Insurance Co., Ltd. 7,734 1,292,111 Samsung Heavy Industries Co., Ltd. 16,400 435,646 Samsung SDI Co., Ltd. 2,800 178,448 Samsung Securities Co., Ltd. 3,870 209,699 Samsung Techwin Co., Ltd. 4,000 151,926 Shinhan Financial Group Co., Ltd. 37,530 2,145,410 Shinsegae Co., Ltd. 1,300 745,140 SK Chemicals Co., Ltd. 3,200 151,686 SK Corp. 20,100 1,969,038 SK Networks Co., Ltd.(a) 4,900 153,226 SK Securities Co., Ltd. 470,000 617,272 SK Telecom Co., Ltd. 4,780 973,186 SK Telecom Co., Ltd. (ADR) 49,526 1,159,899 Ssangyong Cement Industrial Co., Ltd.(a) 8,600 114,387 Taekwang Industrial Co., Ltd. 180 148,294 Trigem Computer, Inc.(a)(b) 2,389 -- Woongjin Coway Co., Ltd. 3,900 109,231 Woori Finance Holdings Co., Ltd.(a) 17,200 416,078 Yuhan Corp. 1,000 156,650 --------------------------------------------------------------------------------------------------------- $ 56,489,119 --------------------------------------------------------------------------------------------------------- Taiwan -- 6.1 --------------------------------------------------------------------------------------------------------- Acer, Inc. 281,984 $ 540,014 Advanced Semiconductor Engineering, Inc.(a) 161,000 191,366 Advanced Semiconductor Engineering, Inc. (ADR)(a) 27,495 163,870 Advantech Co., Ltd. 45,000 143,551 Altek Corp. 106,000 194,092 ASE Test Ltd.(a) 860,000 134,586 Asia Cement Corp. 449,810 434,253 Asia Optical Co., Inc. 68,000 300,765 Asustek Computer, Inc. 321,456 754,783 AU Optronics Corp. 366,458 521,809 AU Optronics Corp. (ADR) 30,602 437,609 BenQ Corp.(a) 194,000 77,374 Catcher Technology Co., Ltd. 49,337 385,983 Cathay Financial Holding Co., Ltd. 769,058 1,593,451 Cathay Real Estate Development Co., Ltd.(a) 165,000 96,556 Chang Hwa Commercial Bank(a) 395,000 237,741 Cheng Uei Precision Industry Co., Ltd. 24,125 83,570 Chi Mei Optoelectronics Corp. 360,828 374,897 China Airlines 490,000 218,028 China Development Financial Holding Corp. 1,353,930 602,836 China Motor Corp. 148,190 130,024 China Steel Corp. 1,464,375 1,648,648 Chinatrust Financial Holding Co., Ltd. 869,358 678,423 Chunghwa Picture Tubes Ltd.(a) 660,000 125,945 Chunghwa Telecom Co., Ltd. 1,677,100 3,241,157 Chunghwa Telecom Co., Ltd. (ADR) 49,164 979,347 CMC Magnetics Corp.(a) 370,000 112,193 Compal Communications, Inc. 25,300 82,873 Compal Electronics, Inc. 335,723 283,599 Coretronic Corp. 82,000 112,658 Cosmos Bank Taiwan(a) 238,000 91,296 D-Link Corp. 115,500 202,389 Delta Electronics, Inc. 202,600 654,109 E.Sun Financial Holding Co., Ltd. 260,023 155,783 Epistar Corp. 49,000 178,626 EVA Airways Corp. 736,032 297,578 Evergreen Marine Corp. 754,292 480,185 Everlight Electronics Co., Ltd. 43,860 170,413 Far Eastern International Bank 212,338 113,298 Far Eastern Textile Ltd. 349,168 299,649 Far EasTone Telecommunications Co., Ltd. 828,000 940,795 First Financial Holding Co., Ltd. 539,345 377,709 Formosa Chemicals & Fibre Corp. 460,160 880,871 Formosa Petrochemical Corp. 956,460 2,092,880 Formosa Plastics Corp. 899,941 1,704,718 Formosa Taffeta Co., Ltd. 350,000 301,720 Foxconn Technology Co., Ltd. 66,150 747,838 Fu Sheng Industrial Co., Ltd. 146,640 142,555 Fubon Financial Holding Co., Ltd. 650,000 585,006 Fuhwa Financial Holdings Co., Ltd.(a) 783,030 378,108 HannStar Display Corp.(a) 678,000 105,698 High Tech Computer Corp. 44,496 683,364 Hon Hai Precision Industry Co., Ltd. 481,932 3,220,243 Hotai Motor Co., Ltd. 98,000 241,424 Hua Nan Financial Holdings Co., Ltd. 510,000 381,446 Inventec Co., Ltd. 228,800 182,202 KGI Securities Co., Ltd.(a) 283,000 93,485 King Yuan Electronics Co., Ltd. 126,354 105,414 Largan Precision Co., Ltd. 42,700 618,652 Lite-On Technology Corp. 273,337 351,892 Macronix International Co., Ltd.(a) 448,000 185,273 MediaTek, Inc. 115,360 1,320,179 Mega Financial Holding Co., Ltd. 982,000 640,063 Mitac International Corp. 115,000 127,256 Mosel Vitelic, Inc. 160,000 195,694 Motech Industries, Inc. 10,088 139,666 Nan Ya Plastics Corp. 913,610 1,708,407 Nan Ya Printed Circuit Board Corp. 22,000 145,014 Nanya Technology Corp. 168,279 140,286 Novatek Microelectronics Corp. Ltd. 49,747 214,370 Phoenix Precision Technology Corp. 78,270 90,244 Pixart Imaging, Inc. 10,000 125,078 Polaris Securities Co., Ltd. 303,000 133,792 Pou Chen Corp. 725,532 774,362 Powerchip Semiconductor Corp. 571,977 341,821 Powertech Technology, Inc. 43,000 165,754 President Chain Store Corp. 545,000 1,332,082 ProMOS Technologies, Inc.(a) 840,000 325,468 Quanta Computer, Inc. 350,904 534,089 Realtek Semiconductor Corp. 101,850 223,337 Shin Kong Financial Holding Co., Ltd. 448,633 397,136 Siliconware Precision 72,440 710,636 Industries Co. (ADR) Sincere Navigation 160,000 227,044 SinoPac Financial Holdings Co., Ltd. 1,044,523 479,088 Sunplus Technology Co., Ltd. (GDR)(144A) 65,096 149,698 Synnex Technology International Corp. 466,829 577,729 Taishin Financial Holdings Co., Ltd.(a) 896,888 459,815 Taiwan Business Bank(a) 345,539 101,208 Taiwan Cement Corp. 345,971 290,905 Taiwan Cooperative Bank 460,350 320,360 Taiwan Mobile Co., Ltd. 1,345,000 1,440,808 Taiwan Semiconductor Manufacturing Co., Ltd. 2,399,857 4,883,782 Tatung Co., Ltd.(a) 358,000 150,990 Teco Electric & Machinery Co., Ltd. 389,000 196,939 Teco Electric & Machinery Co., Ltd. (GDR) 42 213 Tripod Technology Corp. 40,000 163,927 U-Ming Marine Transport Corp. 202,000 334,837 Uni-President Enterprises Corp. 2,276,000 2,174,808 Unimicron Technology Corp. 105,000 135,591 United Microelectronics Corp. 727,326 414,805 United Microelectronics Corp. (ADR) 228,488 726,592 Via Technologies, Inc.(a) 142,000 150,457 Walsin Lihwa Corp.(a) 1,085,980 555,089 Wan Hai Lines Ltd. 308,000 205,453 Waterland Financial Holdings 337,000 103,340 Winbond Electronics Corp.(a) 338,000 119,725 Wintek Corp. 241,812 205,257 Wistron Corp. 120,000 181,523 Yageo Corp.(a) 303,000 123,300 Yang Ming Marine Transport 292,870 201,053 Yuen Foong Yu Paper Manufacturing Co., Ltd. 312,438 125,276 Yulon Motor Co., Ltd. 316,000 354,810 --------------------------------------------------------------------------------------------------------- $ 57,185,776 --------------------------------------------------------------------------------------------------------- Thailand -- 3.1 --------------------------------------------------------------------------------------------------------- Advanced Info Service Pcl(d) 619,200 $ 1,185,431 Airports of Thailand Pcl 152,000 251,814 Airports of Thailand Pcl(d) 158,400 262,416 Amata Corp. Pcl(d) 225,600 70,883 Aromatics (Thailand) Pcl(d) 145,000 178,092 Asia Plus Securities Pcl(d) 1,005,000 74,062 Asian Property Development Pcl(d) 1,841,000 232,426 Bangkok Bank Pcl 485,400 1,497,008 Bangkok Bank Pcl(d) 144,900 468,072 Bangkok Dusit Medical Services Pcl(d) 558,400 562,228 Bangkok Expressway Pcl(d) 194,700 128,465 Bangkok Land Pcl(a)(d) 4,038,900 83,639 Bank of Ayudhya Pcl(d) 703,900 433,797 Bank of Ayudhya Pcl 375,000 229,096 BankThai Pcl(a)(d) 643,800 73,556 Banpu Pcl(d) 82,900 474,130 BEC World Pcl(d) 975,300 607,299 Big C Supercenter Pcl (NVDR) 113,000 166,410 Cal-Comp Electronics (Thailand) Pcl(d) 1,500,000 197,087 Central Pattana Pcl(d) 540,700 366,027 Ch. Karnchang Pcl(d) 476,500 97,314 Charoen Pokphand Foods Pcl(d) 3,314,800 441,216 CP Seven Eleven Pcl(d) 1,500,000 256,641 Delta Electronics (Thailand) Pcl(d) 934,670 408,468 Electricity Generating Pcl 75,000 209,940 Electricity Generating Pcl(d) 114,500 320,383 G Steel Pcl(d) 3,786,500 93,013 Glow Energy Pcl(d) 220,000 201,085 Hana Microelectronics Pcl(d) 1,084,100 812,843 IRPC Pcl(a)(d) 2,824,000 483,976 Italian-Thai Development Pcl(d) 3,506,000 490,700 Kasikornbank Pcl(d) 784,600 1,502,159 Kiatnakin Bank Pcl(d) 125,000 103,349 Krung Thai Bank Pcl(d) 1,417,100 485,657 Land & Houses Pcl 1,989,000 377,426 Land & Houses Pcl(d) 1,130,000 238,458 Loxley Pcl(a)(d) 2,001,400 90,895 Major Cineplex Group Pcl(d) 754,100 336,017 MBK Pcl(d) 64,500 100,407 Minor International Pcl(d) 2,042,940 641,883 Phatra Securities Pcl(d) 108,600 88,406 Precious Shipping Pcl(d) 193,000 246,969 PTT Chemical Pcl(d) 127,289 283,592 PTT Exploration & Production Pcl(d) 330,900 850,643 PTT Pcl 40,000 237,646 PTT Pcl(d) 410,100 2,448,183 Quality House Pcl(d) 4,710,000 166,821 Ratchaburi Electricity Generating Holding Pcl(d) 436,300 567,028 Rayong Refinery Pcl(d) 427,700 216,232 Saha-Union Pcl(a)(d) 98,700 68,788 Sahaviriya Steel Industries Pcl(d) 3,429,300 106,768 Samart Corp. Pcl(d) 794,600 192,919 Shin Corp. Pcl (NVDR) 426,000 304,199 Siam Cement Pcl 31,000 208,530 Siam Cement Pcl(d) 211,200 1,420,692 Siam Cement Pcl(144A)(d) 43,400 297,062 Siam City Bank Pcl(d) 267,000 134,813 Siam City Cement Pcl(d) 42,900 328,398 Siam Commercial Bank Pcl(d) 567,700 1,094,537 Siam Makro Pcl(d) 157,600 398,389 Sino Thai Engineering & Construction Pcl(d) 1,553,400 190,792 Thai Airways International Pcl(d) 433,300 541,470 Thai Beverage Pcl 2,500,000 401,806 Thai Oil Pcl(d) 307,300 513,483 Thai Plastic & Chemicals Pcl(d) 215,100 107,519 Thai Stanley Electric Pcl(d) 26,000 107,684 Thai Union Frozen Products Pcl 120,000 76,699 Thai Union Frozen Products Pcl(d) 463,000 296,861 Thanachart Capital Pcl(d) 523,300 210,755 Thoresen Thai Agencies Pcl(d) 359,900 282,698 Ticon Industrial Connection Pcl(d) 191,400 97,313 TISCO Bank Pcl(d) 150,000 93,830 TMB Bank Pcl(a)(d) 2,189,842 108,835 Total Access Communication Pcl(a) 95,000 428,512 TPI Polene Pcl(d) 305,500 106,458 True Corp. Pcl(a)(d) 1,482,068 239,180 TT&T Pcl(a)(d) 3,676,000 107,099 --------------------------------------------------------------------------------------------------------- $ 28,805,377 --------------------------------------------------------------------------------------------------------- Turkey -- 3.3 --------------------------------------------------------------------------------------------------------- Acibadem Saglik Hizmetleri ve Ticaret AS 14,000 $ 157,110 Adana Cimento Sanayii TAS 22,000 136,450 Ak Enerji Elektrik Uretim Otoprodukor Grubu AS(a) 33,055 111,877 Akbank TAS 359,689 2,398,718 Akcansa Cimento AS 38,000 234,207 Aksigorta AS 52,000 254,705 Alarko Holding AS 83,000 202,017 Anadolu Anonim Turk Sigorta Sirketi 43,900 91,128 Anadolu Cam Sanayii AS 26,600 112,992 Anadolu Efes Biracilik ve Malt Sanayii AS 41,576 1,363,950 Arcelik AS 61,583 415,902 Aselsan Elektronik Sanayi ve Ticaret AS 7,600 144,449 Aygaz AS(a) 141,350 389,613 BIM Birlesik Magazalar AS(a) 7,000 413,694 Bursa Cimento Fabrikasi AS 27,188 213,992 Cimsa Cimento Sanayi ve Ticaret AS 64,400 458,376 Dogan Sirketler Grubu Holding AS 325,623 536,578 Dogan Yayin Holding AS(a) 88,698 322,865 Dogus Otomotiv Servis ve Ticaret AS 31,400 142,027 Eczacibasi Ilac Sanayi ve Ticaret AS(a) 40,500 185,584 Enka Insaat ve Sanayi AS 125,899 1,705,374 Eregli Demir ve Celik Fabrikalari TAS 203,593 2,028,058 Ford Otomotiv Sanayi AS 42,700 373,457 Haci Omer Sabanci Holding AS 315,237 1,278,639 Hurriyet Gazetecilik ve Matbaacilik AS 82,000 242,466 Ihlas Holding AS(a) 231,300 103,016 Is Gayrimenkul Yatirim Ortakligi AS 97,000 219,075 Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS (Class 'D' Shares)(a) 373,700 223,435 KOC Holding AS(a) 353,538 1,584,713 Migros Turk TAS(a) 48,833 623,755 Nortel Networks Netas Telekomunikasyon AS 1,764 39,155 Petkim Petrokimya Holding AS(a) 89,300 452,878 Sekerbank TAS(a) 29,400 129,836 Tofas Turk Otomobil Fabrikasi AS 43,900 166,632 Trakya CAM Sanayii AS 132,697 401,160 Tupras-Turkiye Petrol Rafinerileri AS 94,741 2,107,352 Turk Hava Yollari Anonim Ortakligi (THY) AS(a) 133,348 671,188 Turk Sise ve Cam Fabrikalari AS(a) 81,900 309,330 Turk Traktor ve Ziraat Makineleri AS 17,700 199,314 Turkcell Iletisim Hizmet AS (ADR) 38,494 510,046 Turkcell Iletisim Hizmetleri AS 547,494 2,791,998 Turkiye Garanti Bankasi AS 497,087 2,210,669 Turkiye Is Bankasi 392,879 1,880,346 Turkiye Sinai Kalkinma Bankasi AS(a) 60,000 122,143 Turkiye Vakiflar Bankasi T.A.O.(a) 155,321 349,262 Ulker Gida Sanayi ve Ticaret AS 80,000 284,413 Vestel Elektronik Sanayi va Ticaret AS(a) 15,295 38,681 Yapi ve Kredi Bankasi AS(a) 357,539 754,746 Yazicilar Holding AS(a) 39,000 248,757 Yazicilar Holding AS 13,000 92,977 Zorlu Enerji Elektrik Uretim AS(a) 64,600 163,842 --------------------------------------------------------------------------------------------------------- $ 30,592,947 --------------------------------------------------------------------------------------------------------- United Arab Emirates -- 1.0 --------------------------------------------------------------------------------------------------------- Amlak Finance (PJSC)(a) 264,200 $ 225,926 Arabtec Holding Co.(a) 588,000 824,684 Aramex (PJSC)(a) 2,844,000 1,487,079 Dubai Investments (PJSC)(a) 620,000 715,914 Dubai Islamic Bank 650,239 1,154,580 Emaar Properties (PJSC) 1,374,700 4,136,885 National Central Cooling Co. (Tabreed)(a) 1,211,000 633,211 Union Properties(a) 324,000 276,180 --------------------------------------------------------------------------------------------------------- $ 9,454,459 --------------------------------------------------------------------------------------------------------- United States -- 0.3 --------------------------------------------------------------------------------------------------------- Southern Copper Corp. 44,338 $ 3,177,261 --------------------------------------------------------------------------------------------------------- $ 3,177,261 --------------------------------------------------------------------------------------------------------- Zimbabwe -- 0.1 --------------------------------------------------------------------------------------------------------- Ariston Holdings Ltd.(a) 597,393 $ 13,488 Barclays Bank Zimbabwe 754,686 18,127 Dawn Properties(a) 369,831 4,975 Delta Corp. Ltd. 807,488 229,765 Econet Wireless Holdings Ltd.(a) 96,681 139,332 Hwange Colliery Co., Ltd.(a) 693,000 43,278 Meikles Africa Ltd. 60,013 63,424 NMBZ Holdings Ltd.(a) 994,355 2,006 OK Zimbabwe 1,059,353 5,089 Old Mutual PLC 80,448 258,928 Pelhams Ltd.(a) 86,835 46 Zimbabwe Sun Ltd. 123,277 1,184 --------------------------------------------------------------------------------------------------------- $ 779,642 --------------------------------------------------------------------------------------------------------- Total Common Stocks (cost $527,233,678) $ 914,851,767 --------------------------------------------------------------------------------------------------------- INVESTMENT FUNDS -- 1.9% ApexHi Properties Ltd. (Class 'B' Shares) 42,300 $ 106,927 Framlington Bulgaria Fund Ltd.(e) 78,180 11,727 Genesis Chile Fund Ltd. 3,400 13,974 India Fund, Inc. 58,200 2,219,748 Saudi Arabia Investment Fund Ltd.(a) 142,647 7,274,997 Societe Generale Baltic Republic Fund(e) 12,723 9,542 Societe Generale Romania Fund(a)(e) 6,450 7,740 Vietnam Enterprise Investments Ltd.(a) 1,466,733 7,553,675 Vietnam Growth Fund Ltd.(a) 17,646 520,557 --------------------------------------------------------------------------------------------------------- Total Investment Funds (cost $8,975,427) $ 17,718,887 --------------------------------------------------------------------------------------------------------- RIGHTS(A) -- 0.0% Banque Marocaine pour le Commerce et L'Industrie Expiring 1/1/15 2,200 $ 67,945 Nationale Societe Generale Bank Expiring 4/16/07 4,742 26,331 United Bank for Africa Plc Expiring 4/7/07 72,000 $ 2,245 --------------------------------------------------------------------------------------------------------- Total Rights (cost $25,781) $ 96,521 --------------------------------------------------------------------------------------------------------- WARRANTS(A)-- 0.2% CalComp Electronics Pcl Call Warrant (Thailand), expiring 4/19/09, strike THB5.000 300,000 $ 6,255 China Overseas Land & Investment Ltd. (China), expiring 7/18/07, strike HKD4.500 88,500 58,213 J.P. Morgan International Derivatives Ltd. Call Warrant (Bharti Televentures (India)), (144A) expiring 10/28/08, strike INR.0001 81,000 1,406,934 --------------------------------------------------------------------------------------------------------- Total Warrants (cost $655,582) $ 1,471,402 --------------------------------------------------------------------------------------------------------- Total Long-Term Investments - 99.5% (cost $536,890,468) $ 934,138,577 --------------------------------------------------------------------------------------------------------- SECURITY PRINCIPAL VALUE AMOUNT (000) --------------------------------------------------------------------------------------------------------- SHORT-TERM INVESTMENTS -- 0.8% Repurchase Agreements --------------------------------------------------------------------------------------------------------- State Street Bank & Trust Corp. Repurchase Agreement, dated 3/30/07, 4.90%, due 4/2/07 (cost $7,905,000)(f) $ 7,905 $ 7,905,000 --------------------------------------------------------------------------------------------------------- Total Repurchase Agreements (cost $7,905,000) $ 7,905,000 --------------------------------------------------------------------------------------------------------- Total Investments - 100.3% $ 942,043,577 (cost $544,795,468) --------------------------------------------------------------------------------------------------------- Other Assets, Less Liabilities - (0.3)% $ (3,021,358) --------------------------------------------------------------------------------------------------------- Net Assets - 100.0% $ 939,022,219 --------------------------------------------------------------------------------------------------------- (144A) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At March 31, 2007, the aggregate value of the securities is $6,803,801 or 0.7% of the Portfolio's net assets. (ADR) - American Depositary Receipt (GDR) - Global Depository Receipt (NVDR) - Non-Voting Depository Receipt (PFD Shares) - Preferred Shares (a) Non-income producing security. (b) Security valued at fair value using methods determined in good faith by or at the direction of the Trustees. (c) Represents financial contract with an off-shore broker whereby one contract is equal to one share of the indicated security. (d) Indicates a foreign registered security. Shares issued to foreign investors in markets that have foreign ownership limits. (e) Investment fund is in the process of being liquidated. (f) Repurchase price of $7,908,228. Collateralized by $8,005,000 Federal National Mortgage Association 4.625% due 12/19/2008. The aggregate market value, including accrued interest, of the collateral was $8,065,038. Currency Concentration of Portfolio as of March 31, 2007 PERCENTAGE OF TOTAL CURRENCY INVESTMENTS VALUE United States Dollar 16.8% $158,570,031 Mexican Peso 6.4% 60,551,007 South African Rand 6.3% 59,024,388 New Taiwan Dollar 5.8% 54,167,509 Hong Kong Dollar 5.7% 54,112,321 Brazilian Real 5.7% 54,006,510 South Korean Won 5.7% 53,466,376 Indian Rupee 4.6% 43,382,056 Malaysian Ringgit 3.2% 30,262,306 New Turkish Lira 3.2% 30,082,901 Indonesian Rupiah 3.1% 29,057,511 Thailand Baht 3.0% 27,981,314 Hungarian Forint 3.0% 27,785,949 Polish Zloty 2.9% 27,374,292 Philippine Peso 2.8% 26,759,728 Czech Koruna 2.8% 26,677,940 Israeli Shekel 2.2% 21,071,488 Other 16.8% 157,709,950 See notes to financial statements
ITEM 2. CONTROLS AND PROCEDURES (a) It is the conclusion of the registrant's principal executive officer and principal financial officer that the effectiveness of the registrant's current disclosure controls and procedures (such disclosure controls and procedures having been evaluated within 90 days of the date of this filing) provide reasonable assurance that the information required to be disclosed by the registrant on this Form N-Q has been recorded, processed, summarized and reported within the time period specified in the Commission's rules and forms and that the information required to be disclosed by the registrant on this Form N-Q has been accumulated and communicated to the registrant's principal executive officer and principal financial officer in order to allow timely decisions regarding required disclosure. (b) There have been no changes in the registrant's internal controls over financial reporting during the fiscal quarter for which the report is being filed that have materially affected, or are reasonably likely to materially affect the registrant's internal control over financial reporting. 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. Eaton Vance Series Trust II --------------------------- By: /s/ Michael W. Weilheimer ------------------------- Michael W. Weilheimer President and Principal Executive Officer Date: May 18, 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/ Michael W. Weilheimer ------------------------- Michael W. Weilheimer President and Principal Executive Officer Date: May 18, 2007 By: /s/ Barbara E. Campbell ----------------------- Barbara E. Campbell Treasurer and Principal Financial Officer Date: May 18, 2007