N-Q 1 a06-20164_3nq.htm QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS

 

 

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

OMB APPROVAL

 

OMB Number:    3235-0578
Expires:    May 31, 2007
Estimated average burden hours per response........21.09

 

 

 

 

FORM N-Q

 

 

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY

 

Investment Company Act file number

811-4367

 

 

Columbia Funds Series Trust I

(Exact name of registrant as specified in charter)

 

One Financial Center, Boston, Massachusetts

 

02111

(Address of principal executive offices)

 

(Zip code)

 

James R. Bordewick, Jr., Esq.
Columbia Management Advisors, LLC
One Financial Center
Boston, MA 02111

(Name and address of agent for service)

 

Registrant's telephone number, including area code:

1-617-426-3750

 

 

Date of fiscal year end:

4/30/07

 

 

 

 

Date of reporting period:

7/31/06

 

 



Item 1. Schedule of Investments.



INVESTMENT PORTFOLIO

July 31, 2006 (Unaudited)

 

Columbia Core Bond Fund

 

 

 

 

 

 

Par ($)

 

Value ($)*

 

Mortgage-Backed Securities – 33.1%

 

 

 

 

 

Federal Home Loan Mortgage Corp.

 

 

 

 

 

 

 

 

 

5.000% 01/01/19

 

411,654

 

400,231

 

 

 

5.500% 03/01/18

 

321,758

 

318,960

 

 

 

5.500% 07/01/21

 

69,070,843

 

68,296,675

 

 

 

6.000% 11/01/28

 

259,748

 

259,615

 

 

 

7.000% 12/01/14

 

93,735

 

96,355

 

 

 

7.000% 11/01/25

 

5,254

 

5,408

 

 

 

7.000% 03/01/27

 

5,425

 

5,578

 

 

 

7.000% 10/01/31

 

54,239

 

55,749

 

 

 

7.500% 09/01/25

 

3,024

 

3,142

 

 

 

8.000% 06/01/07

 

1,191

 

1,197

 

 

 

8.000% 06/01/26

 

3,492

 

3,686

 

 

 

8.750% 09/01/09

 

4,504

 

4,595

 

 

 

8.750% 07/01/15

 

910

 

925

 

 

 

9.000% 10/01/15

 

1,612

 

1,616

 

 

 

9.000% 10/01/16

 

11,564

 

12,207

 

 

 

9.000% 04/01/17

 

6,245

 

6,257

 

 

 

9.000% 10/01/19

 

4,359

 

4,394

 

 

 

9.250% 05/01/09

 

48,207

 

49,821

 

 

 

9.250% 08/01/15

 

4,080

 

4,175

 

 

 

9.500% 09/01/10

 

3,786

 

3,924

 

 

 

9.500% 03/01/11

 

337

 

355

 

 

 

9.500% 04/01/11

 

3,499

 

3,691

 

 

 

9.500% 09/01/16

 

1,558

 

1,680

 

 

 

9.500% 11/01/16

 

946

 

1,021

 

 

 

10.000% 02/01/09

 

2,430

 

2,539

 

 

 

10.000% 05/01/11

 

5,383

 

5,474

 

 

 

10.000% 12/01/13

 

1,660

 

1,714

 

Federal National Mortgage Association

 

 

 

 

 

 

 

 

 

6.000% 05/01/13

 

106,997

 

107,760

 

 

 

6.000% 04/01/35

 

24,480,170

 

24,407,889

 

 

 

6.120% 10/01/08

 

1,350,306

 

1,351,950

 

 

 

6.500% 05/01/11

 

208,890

 

211,459

 

 

 

6.500% 06/01/28

 

160,832

 

163,591

 

 

 

6.500% 06/01/31

 

211,882

 

215,296

 

 

 

6.500% 08/01/31

 

411,610

 

418,243

 

 

 

6.500% 09/01/31

 

48,268

 

49,046

 

 

 

6.565% 12/01/07

 

780,764

 

784,006

 

 

 

6.600% 11/01/07

 

701,383

 

703,918

 

 

 

7.000% 06/01/32

 

113,530

 

116,595

 

 

 

7.500% 01/01/30

 

12,760

 

13,226

 

 

1



 

 

 

 

 

Par ($)

 

Value ($)*

 

Mortgage-Backed Securities – (continued)

 

 

 

 

 

 

 

7.500% 03/01/30

 

19,968

 

20,683

 

 

 

8.000% 03/01/07

 

784

 

784

 

 

 

8.000% 02/01/30

 

49,272

 

52,091

 

 

 

8.000% 03/01/30

 

84,004

 

88,707

 

 

 

8.000% 04/01/30

 

109,742

 

115,886

 

 

 

8.500% 08/01/17

 

2,676

 

2,795

 

TBA:

 

 

 

 

 

 

 

5.000% 08/17/21(a)

 

14,700,000

 

14,277,199

 

 

 

5.000% 08/17/21(a)

 

8,415,000

 

8,170,443

 

 

 

5.000% 09/13/36(a)

 

42,214,000

 

39,918,614

 

 

 

5.500% 08/14/36(a)

 

107,434,000

 

104,311,753

 

 

 

5.500% 08/17/21(a)

 

19,154,000

 

18,944,494

 

 

 

6.000% 08/14/36(a)

 

20,260,000

 

20,127,054

 

 

 

6.500% 08/14/36(a)

 

27,555,000

 

27,873,591

 

Government National Mortgage
Association

 

 

 

 

 

 

 

 

 

4.750% 07/20/22(b)

 

93,609

 

93,653

 

 

 

6.500% 03/15/13

 

38,065

 

38,742

 

 

 

6.500% 04/15/13

 

47,308

 

48,149

 

 

 

6.500% 05/15/13

 

49,270

 

50,145

 

 

 

6.500% 10/15/13

 

273,040

 

277,894

 

 

 

6.500% 11/15/13

 

198,726

 

202,259

 

 

 

6.500% 07/15/14

 

21,346

 

21,732

 

 

 

6.500% 08/15/14

 

108,249

 

110,209

 

 

 

6.500% 06/15/28

 

110,262

 

112,609

 

 

 

6.500% 01/15/29

 

59,701

 

60,962

 

 

 

6.500% 03/15/29

 

2,253

 

2,300

 

 

 

6.500% 09/15/32

 

62,724

 

63,932

 

 

 

7.000% 11/15/22

 

153,742

 

158,563

 

 

 

7.000% 10/15/23

 

35,705

 

36,842

 

 

 

7.000% 06/15/26

 

287,301

 

296,764

 

 

 

7.000% 10/15/27

 

33,263

 

34,372

 

 

 

7.000% 05/15/28

 

143,200

 

147,800

 

 

 

7.000% 06/15/28

 

12,459

 

12,859

 

 

 

7.000% 08/15/29

 

32,981

 

34,048

 

 

 

7.000% 02/15/30

 

14,895

 

15,377

 

 

 

7.000% 05/15/32

 

205,586

 

212,154

 

 

 

7.500% 04/15/26

 

170,089

 

177,439

 

 

 

7.500% 02/15/27

 

2,329

 

2,431

 

 

 

7.500% 09/15/29

 

55,406

 

57,717

 

 

 

7.500% 03/15/30

 

88,027

 

91,656

 

 

 

8.000% 06/15/25

 

5,864

 

6,218

 

 

2



 

 

 

 

 

Par ($)

 

Value ($)*

 

Mortgage-Backed Securities – (continued)

 

 

 

 

 

 

 

8.000% 10/15/25

 

18,818

 

19,955

 

 

 

8.000% 01/15/26

 

12,555

 

13,321

 

 

 

8.000% 02/15/26

 

6,707

 

7,117

 

 

 

8.000% 05/15/26

 

2,283

 

2,423

 

 

 

8.000% 06/15/26

 

14,514

 

15,400

 

 

 

8.000% 03/15/27

 

40,461

 

42,924

 

 

 

9.000% 03/15/08

 

5,157

 

5,282

 

 

 

9.000% 11/15/08

 

2,760

 

2,826

 

 

 

Total Mortgage-Backed Securities
(cost of $331,504,090)

 

334,474,131

 

Corporate Fixed-Income Bonds & Notes – 26.3%

 

 

 

 

 

BASIC MATERIALS – 0.4%

 

 

 

 

 

 

 

Chemicals – 0.2%

 

 

 

 

 

 

 

Eastman Chemical Co.

 

 

 

 

 

 

 

 

 

6.300% 11/15/18

 

2,051,000

 

1,992,797

 

 

 

 

 

Chemicals Total

 

1,992,797

 

Metals & Mining – 0.2%

 

 

 

 

 

 

 

Inco Ltd.

 

 

 

 

 

 

 

 

 

5.700% 10/15/15

 

2,080,000

 

1,982,483

 

 

 

Metals & Mining Total

 

1,982,483

 

 

 

BASIC MATERIALS TOTAL

 

3,975,280

 

COMMUNICATIONS – 2.7%

 

 

 

 

 

 

 

Media – 1.0%

 

 

 

 

 

 

 

Comcast Corp.

 

 

 

 

 

 

 

 

 

5.900% 03/15/16

 

935,000

 

910,943

 

 

 

6.500% 11/15/35

 

3,385,000

 

3,239,763

 

News America, Inc.

 

 

 

 

 

 

 

 

 

6.400% 12/15/35

 

2,965,000

 

2,787,530

 

Time Warner Entertainment Co. LP

 

 

 

 

 

 

 

 

 

8.375% 07/15/33

 

610,000

 

688,354

 

Viacom, Inc.

 

 

 

 

 

 

 

 

 

6.875% 04/30/36(c)

 

2,750,000

 

2,637,352

 

 

 

 

 

Media Total

 

10,263,942

 

Telecommunication Services – 1.7%

 

 

 

 

 

 

 

America Movil SA de CV

 

 

 

 

 

 

 

 

 

5.750% 01/15/15

 

2,145,000

 

2,070,019

 

New England Telephone & Telegraph

 

 

 

 

 

 

 

 

 

7.650% 06/15/07

 

3,000,000

 

3,046,017

 

Nextel Communications, Inc.

 

 

 

 

 

 

 

 

 

6.875% 10/31/13

 

515,000

 

520,688

 

 

3



 

 

 

 

 

 

Par ($)

 

Value ($)

 

Corporate Fixed-Income Bonds & Notes – (continued)

 

 

 

 

 

COMMUNICATIONS – (continued)

 

 

 

 

 

 

 

Telecommunication Services – (continued)

 

 

 

 

 

 

 

Sprint Capital Corp.

 

 

 

 

 

 

 

 

 

6.000% 01/15/07

 

1,450,000

 

1,452,651

 

 

 

8.750% 03/15/32

 

1,485,000

 

1,808,769

 

Telecom Italia Capital SA

 

 

 

 

 

 

 

 

 

7.200% 07/18/36

 

2,165,000

 

2,207,910

 

Telefonica Emisones SAU

 

 

 

 

 

 

 

 

 

5.984% 06/20/11

 

2,245,000

 

2,254,889

 

Vodafone Group PLC

 

 

 

 

 

 

 

 

 

5.750% 03/15/16

 

3,500,000

 

3,377,339

 

 

 

Telecommunication Services Total

 

16,738,282

 

 

 

COMMUNICATIONS TOTAL

 

27,002,224

 

CONSUMER CYCLICAL – 1.9%

 

 

 

 

 

 

 

Auto Manufacturers – 0.7%

 

 

 

 

 

 

 

DaimlerChrysler NA Holding Corp.

 

 

 

 

 

 

 

 

 

5.780% 09/10/07(b)

 

5,180,000

 

5,195,613

 

 

 

8.500% 01/18/31

 

1,635,000

 

1,888,237

 

 

 

Auto Manufacturers Total

 

7,083,850

 

Home Builders – 0.3%

 

 

 

 

 

 

 

Centex Corp.

 

 

 

 

 

 

 

 

 

6.500% 05/01/16

 

2,000,000

 

1,967,264

 

D.R. Horton, Inc.

 

 

 

 

 

 

 

 

 

5.625% 09/15/14

 

1,320,000

 

1,213,535

 

 

 

Home Builders Total

 

3,180,799

 

Lodging – 0.4%

 

 

 

 

 

 

 

Harrah’s Operating Co., Inc.

 

 

 

 

 

 

 

 

 

5.625% 06/01/15

 

3,970,000

 

3,703,653

 

 

 

Lodging Total

 

3,703,653

 

Retail – 0.5%

 

 

 

 

 

 

 

CVS Corp.

 

 

 

 

 

 

 

 

 

5.298% 01/11/27(c)

 

916,556

 

855,082

 

Federated Department Stores, Inc.

 

 

 

 

 

 

 

 

 

6.900% 04/01/29

 

1,560,000

 

1,584,951

 

Wal-Mart Stores, Inc.

 

 

 

 

 

 

 

 

 

4.125% 02/15/11

 

1,140,000

 

1,081,495

 

 

4



 

 

 

 

 

Par ($)

 

Value ($)

 

Corporate Fixed-Income Bonds & Notes – (continued)

 

 

 

 

 

CONSUMER CYCLICAL – (continued)

 

 

 

 

 

 

 

Retail – (continued)

 

 

 

 

 

 

 

 

 

7.550% 02/15/30

 

1,070,000

 

1,264,374

 

 

 

 

Retail Total

 

4,785,902

 

 

 

CONSUMER CYCLICAL TOTAL

 

18,754,204

 

CONSUMER NON-CYCLICAL – 2.7%

 

 

 

 

 

 

 

Beverages – 0.6%

 

 

 

 

 

 

 

Diageo Finance BV

 

 

 

 

 

 

 

 

 

3.000% 12/15/06

 

5,000,000

 

4,954,320

 

SABMiller PLC

 

 

 

 

 

 

 

 

 

6.200% 07/01/11(c)

 

1,245,000

 

1,265,960

 

 

 

 

Beverages Total

 

6,220,280

 

Food – 1.1%

 

 

 

 

 

 

 

Kraft Foods, Inc.

 

 

 

 

 

 

 

 

6.250% 06/01/12

 

3,055,000

 

3,120,102

 

Kroger Co.

 

 

 

 

 

 

 

 

7.500% 04/01/31

 

2,325,000

 

2,500,484

 

 

8.000% 09/15/29

 

2,000,000

 

2,207,604

 

Safeway, Inc.

 

 

 

 

 

 

 

 

5.625% 08/15/14

 

2,255,000

 

2,172,370

 

Tyson Foods, Inc.

 

 

 

 

 

 

 

 

8.250% 10/01/11

 

945,000

 

999,264

 

 

 

 

Food Total

 

10,999,824

 

Healthcare Services – 0.3%

 

 

 

 

 

 

 

Aetna, Inc.

 

 

 

 

 

 

 

 

6.000% 06/15/16

 

170,000

 

169,997

 

 

6.625% 06/15/36

 

2,550,000

 

2,575,859

 

 

Healthcare Services Total

 

2,745,856

 

Household Products/Wares – 0.3%

 

 

 

 

 

 

 

Fortune Brands, Inc.

 

 

 

 

 

 

 

 

5.125% 01/15/11

 

2,100,000

 

2,033,857

 

 

5.375% 01/15/16

 

875,000

 

815,624

 

 

Household Products/Wares Total

 

2,849,481

 

Pharmaceuticals – 0.4%

 

 

 

 

 

 

 

Wyeth

 

 

 

 

 

 

 

 

5.500% 02/01/14

 

2,000,000

 

1,959,724

 

 

5



 

 

 

 

 

Par ($)

 

Value ($)

 

Corporate Fixed-Income Bonds & Notes – (continued)

 

 

 

 

 

CONSUMER NON-CYCLICAL – (continued)

 

 

 

 

 

Pharmaceuticals – (continued)

 

 

 

 

 

 

 

 

 

5.500% 02/15/16

 

2,680,000

 

2,596,925

 

 

 

Pharmaceuticals Total

 

4,556,649

 

 

 

CONSUMER NON-CYCLICAL TOTAL

 

27,372,090

 

DIVERSIFIED – 0.3%

 

 

 

 

 

 

 

Holding Companies-Diversified – 0.3%

 

 

 

 

 

Hutchison Whampoa International Ltd.

 

 

 

 

 

 

 

 

 

6.250% 01/24/14(c)

 

3,000,000

 

3,033,972

 

 

 

Holding Companies-Diversified Total

 

3,033,972

 

 

 

DIVERSIFIED TOTAL

 

3,033,972

 

ENERGY – 1.6%

 

 

 

 

 

 

 

Oil & Gas – 1.5%

 

 

 

 

 

 

 

Amerada Hess Corp.

 

 

 

 

 

 

 

 

 

7.125% 03/15/33

 

930,000

 

987,102

 

 

 

7.300% 08/15/31

 

1,170,000

 

1,265,089

 

Marathon Oil Corp.

 

 

 

 

 

 

 

 

 

6.000% 07/01/12

 

5,000,000

 

5,071,375

 

Nexen, Inc.

 

 

 

 

 

 

 

 

 

5.875% 03/10/35

 

3,580,000

 

3,235,149

 

Pemex Project Funding Master Trust

 

 

 

 

 

 

 

 

 

5.750% 12/15/15(c)

 

720,000

 

685,932

 

Qatar Petroleum

 

 

 

 

 

 

 

 

 

5.579% 05/30/11(c)

 

1,415,000

 

1,415,060

 

Valero Energy Corp.

 

 

 

 

 

 

 

 

 

6.875% 04/15/12

 

2,110,000

 

2,211,877

 

 

 

Oil & Gas Total

 

14,871,584

 

Pipelines – 0.1%

 

 

 

 

 

 

 

Consolidated Natural Gas Co.

 

 

 

 

 

 

 

 

 

5.375% 11/01/06

 

1,750,000

 

1,748,653

 

 

 

Pipelines Total

 

1,748,653

 

 

 

ENERGY TOTAL

 

16,620,237

 

FINANCIALS – 12.4%

 

 

 

 

 

 

 

Banks – 4.7%

 

 

 

 

 

 

 

Bank One Corp.

 

 

 

 

 

 

 

 

 

5.900% 11/15/11

 

3,700,000

 

3,745,025

 

 

 

7.875% 08/01/10

 

1,835,000

 

1,985,975

 

HSBC Bank USA

 

 

 

 

 

 

 

 

 

3.875% 09/15/09

 

8,965,000

 

8,555,057

 

6



 

 

 

 

 

Par ($)

 

Value ($)

 

Corporate Fixed-Income Bonds & Notes – (continued)

 

 

 

 

 

FINANCIALS – (continued)

 

 

 

 

 

Banks – (continued)

 

 

 

 

 

 

 

Oesterreichische Kontrollbank AG

 

 

 

 

 

 

 

 

 

5.125% 03/20/07

 

6,075,000

 

6,072,345

 

PNC Funding Corp.

 

 

 

 

 

 

 

 

 

5.125% 12/14/10

 

1,410,000

 

1,386,759

 

Union Planters Corp.

 

 

 

 

 

 

 

 

 

4.375% 12/01/10

 

2,035,000

 

1,946,895

 

Wachovia Corp.

 

 

 

 

 

 

 

 

 

3.625% 02/17/09

 

4,000,000

 

3,829,192

 

 

 

4.375% 06/01/10

 

2,795,000

 

2,694,433

 

 

 

5.350% 03/15/11

 

4,030,000

 

4,005,973

 

Wells Fargo & Co.

 

 

 

 

 

 

 

 

 

4.875% 01/12/11

 

8,420,000

 

8,224,185

 

 

 

5.429% 09/15/09(b)

 

4,865,000

 

4,871,835

 

 

 

Banks Total

 

47,317,674

 

Diversified Financial Services – 5.1%

 

 

 

 

 

 

 

American General Finance Corp.

 

 

 

 

 

 

 

 

 

5.400% 12/01/15

 

3,505,000

 

3,378,645

 

Citigroup, Inc.

 

 

 

 

 

 

 

 

 

5.300% 01/07/16

 

8,150,000

 

7,883,405

 

Countrywide Home Loans, Inc.

 

 

 

 

 

 

 

 

 

4.125% 09/15/09

 

3,330,000

 

3,190,679

 

General Electric Capital Corp.

 

 

 

 

 

 

 

 

 

5.449% 12/15/09(b)

 

8,965,000

 

8,988,578

 

 

 

6.750% 03/15/32

 

4,400,000

 

4,785,977

 

Goldman Sachs Group, Inc.

 

 

 

 

 

 

 

 

 

5.350% 01/15/16

 

1,580,000

 

1,512,021

 

 

 

6.875% 01/15/11

 

2,390,000

 

2,498,707

 

HSBC Finance Corp.

 

 

 

 

 

 

 

 

 

5.450% 11/16/09(b)

 

5,890,000

 

5,921,135

 

JPMorgan Chase & Co.

 

 

 

 

 

 

 

 

 

4.600% 01/17/11

 

4,535,000

 

4,371,255

 

Residential Capital Corp.

 

 

 

 

 

 

 

 

 

6.500% 04/17/13

 

4,350,000

 

4,327,510

 

SLM Corp.

 

 

 

 

 

 

 

 

 

5.695% 07/25/08(b)

 

4,345,000

 

4,361,324

 

 

 

Diversified Financial Services Total

 

51,219,236

 

Insurance – 1.1%

 

 

 

 

 

 

 

Hartford Life Global Funding Trusts

 

 

 

 

 

 

 

 

 

5.499% 09/15/09(b)

 

4,355,000

 

4,367,150

 

ING Groep NV

 

 

 

 

 

 

 

 

 

5.775% 12/29/49(b)

 

3,985,000

 

3,822,711

 

7



 

 

 

 

 

Par ($)

 

Value ($)

 

Corporate Fixed-Income Bonds & Notes – (continued)

 

 

 

 

 

FINANCIALS – (continued)

 

 

 

 

 

Insurance – (continued)

 

 

 

 

 

 

 

Prudential Financial, Inc.

 

 

 

 

 

 

 

 

 

4.750% 04/01/14

 

2,900,000

 

2,703,334

 

 

 

Insurance Total

 

10,893,195

 

Real Estate Investment Trusts (REITs) – 1.0%

 

 

 

 

 

Archstone-Smith Trust

 

 

 

 

 

 

 

 

 

5.750% 03/15/16

 

3,860,000

 

3,770,100

 

Health Care Property Investors, Inc.

 

 

 

 

 

 

 

 

 

7.072% 06/08/15

 

1,585,000

 

1,673,554

 

Simon Property Group LP

 

 

 

 

 

 

 

 

 

5.450% 03/15/13

 

3,555,000

 

3,475,347

 

 

 

5.750% 12/01/15

 

1,000,000

 

979,435

 

 

 

Real Estate Investment Trusts (REITs) Total

 

9,898,436

 

Savings & Loans – 0.5%

 

 

 

 

 

 

 

Washington Mutual Bank

 

 

 

 

 

 

 

 

 

5.125% 01/15/15

 

3,310,000

 

3,097,167

 

 

 

6.750% 05/20/36

 

2,550,000

 

2,595,874

 

 

 

Savings & Loans Total

 

5,693,041

 

 

 

FINANCIALS TOTAL

 

125,021,582

 

INDUSTRIALS – 0.8%

 

 

 

 

 

 

 

Aerospace & Defense – 0.3%

 

 

 

 

 

 

 

Raytheon Co.

 

 

 

 

 

 

 

 

 

7.200% 08/15/27

 

3,000,000

 

3,341,934

 

 

 

Aerospace & Defense Total

 

3,341,934

 

Transportation – 0.5%

 

 

 

 

 

 

 

Burlington Northern Santa Fe Corp.

 

 

 

 

 

 

 

 

 

7.950% 08/15/30

 

1,200,000

 

1,457,137

 

Union Pacific Corp.

 

 

 

 

 

 

 

 

 

4.875% 01/15/15

 

1,300,000

 

1,220,886

 

 

 

6.650% 01/15/11

 

2,420,000

 

2,518,175

 

 

 

Transportation Total

 

5,196,198

 

 

 

INDUSTRIALS TOTAL

 

8,538,132

 

UTILITIES – 3.5%

 

 

 

 

 

 

 

Electric – 3.0%

 

 

 

 

 

 

 

Alabama Power Co.

 

 

 

 

 

 

 

 

 

5.700% 02/15/33

 

1,465,000

 

1,390,241

 

American Electric Power Co., Inc.

 

 

 

 

 

 

 

 

 

5.250% 06/01/15

 

3,035,000

 

2,868,752

 

8



 

 

 

 

 

Par ($)

 

Value ($)

 

Corporate Fixed-Income Bonds & Notes – (continued)

 

 

 

 

 

UTILITIES – (continued)

 

 

 

 

 

Electric – (continued)

 

 

 

 

 

Carolina Power & Light Co.

 

 

 

 

 

 

 

 

 

5.125% 09/15/13

 

1,445,000

 

1,391,213

 

Consolidated Edison Co. of New York

 

 

 

 

 

 

 

 

 

7.150% 12/01/09

 

2,530,000

 

2,654,792

 

Dominion Resources, Inc.

 

 

 

 

 

 

 

 

 

5.790% 09/28/07(b)

 

3,135,000

 

3,137,267

 

Hydro Quebec

 

 

 

 

 

 

 

 

 

8.500% 12/01/29

 

2,115,000

 

2,836,515

 

MidAmerican Energy Holdings Co.

 

 

 

 

 

 

 

 

 

5.875% 10/01/12

 

2,855,000

 

2,855,611

 

Progress Energy, Inc.

 

 

 

 

 

 

 

 

 

7.750% 03/01/31

 

2,555,000

 

2,933,748

 

Southern California Edison Co.

 

 

 

 

 

 

 

 

 

5.000% 01/15/14

 

1,250,000

 

1,192,411

 

 

 

5.000% 01/15/16

 

2,500,000

 

2,349,222

 

TransAlta Corp.

 

 

 

 

 

 

 

 

 

5.750% 12/15/13

 

1,500,000

 

1,458,796

 

TXU Electric Delivery Co.

 

 

 

 

 

 

 

 

 

7.000% 09/01/22

 

2,850,000

 

2,987,721

 

Virginia Electric & Power Co.

 

 

 

 

 

 

 

 

 

5.375% 02/01/07

 

1,575,000

 

1,572,775

 

 

 

Electric Total

 

29,629,064

 

Gas – 0.5%

 

 

 

 

 

 

 

Atmos Energy Corp.

 

 

 

 

 

 

 

 

 

4.950% 10/15/14

 

3,475,000

 

3,201,041

 

Southern California Gas Co.

 

 

 

 

 

 

 

 

 

5.401% 12/01/09(b)

 

2,080,000

 

2,083,316

 

 

 

Gas Total

 

5,284,357

 

 

 

UTILITIES TOTAL

 

34,913,421

 

 

 

Total Corporate Fixed-Income Bonds &
Notes
(cost of $269,931,587)

 

265,231,142

 

Government & Agency Obligations – 18.8%

 

 

 

 

 

AGENCY COLLATERALIZED MORTGAGE
OBLIGATIONS – 2.4%

 

 

 

 

 

Federal National Mortgage Association

 

 

 

 

 

 

 

 

 

4.875% 04/15/09

 

20,000,000

 

19,825,620

 

 

 

5.000% 03/15/16

 

800,000

 

776,255

 

9



 

 

 

 

 

Par ($)

 

Value ($)

 

Government & Agency Obligations – (continued)

 

 

 

 

 

AGENCY COLLATERALIZED MORTGAGE
OBLIGATIONS – (continued)

 

 

 

 

 

 

 

5.375% 08/15/09

 

3,500,000

 

3,515,848

 

 

 

AGENCY COLLATERALIZED MORTGAGE
OBLIGATIONS TOTAL

 

24,117,723

 

FOREIGN GOVERNMENT OBLIGATIONS – 2.3%

 

 

 

 

 

Export Development of Canada

 

 

 

 

 

 

 

 

 

4.000% 08/01/07

 

2,325,000

 

2,295,470

 

Province of British Columbia

 

 

 

 

 

 

 

 

 

5.375% 10/29/08

 

3,000,000

 

3,011,082

 

Province of New Brunswick

 

 

 

 

 

 

 

 

 

3.500% 10/23/07

 

4,150,000

 

4,058,223

 

Province of Quebec

 

 

 

 

 

 

 

 

 

5.000% 07/17/09

 

2,000,000

 

1,983,462

 

 

 

5.000% 03/01/16

 

5,725,000

 

5,481,350

 

Republic of Finland

 

 

 

 

 

 

 

 

 

4.750% 03/06/07

 

2,145,000

 

2,134,942

 

Republic of South Africa

 

 

 

 

 

 

 

 

 

6.500% 06/02/14

 

1,165,000

 

1,195,290

 

United Mexican States

 

 

 

 

 

 

 

 

 

6.625% 03/03/15

 

2,855,000

 

2,976,337

 

 

 

FOREIGN GOVERNMENT OBLIGATIONS
TOTAL

 

23,136,156

 

U.S. GOVERNMENT AGENCIES – 10.0%

 

 

 

 

 

 

 

Federal Farm Credit Bank

 

 

 

 

 

 

 

 

 

4.050% 12/15/08

 

5,000,000

 

4,866,625

 

Federal Home Loan Bank

 

 

 

 

 

 

 

 

 

4.125% 10/19/07

 

1,400,000

 

1,379,811

 

 

 

4.850% 02/15/08

 

4,610,000

 

4,573,337

 

Federal Home Loan Mortgage Corp.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3.600% 07/07/10

 

1,600,000

 

1,505,824

 

 

 

3.625% 06/10/10

 

3,000,000

 

2,829,465

 

 

 

4.125% 05/12/10

 

6,000,000

 

5,769,486

 

 

 

4.150% 05/05/10

 

5,000,000

 

4,813,200

 

 

 

5.000% 01/30/14

 

5,075,000

 

4,922,989

 

 

 

5.000% 11/13/14

 

3,900,000

 

3,754,093

 

 

 

5.250% 05/21/09

 

6,500,000

 

6,504,946

 

 

 

5.750% 06/27/16

 

3,000,000

 

3,034,095

 

 

 

6.000% 06/15/11

 

3,095,000

 

3,189,580

 

 

 

6.000% 06/27/11

 

30,685,000

 

30,757,754

 

Federal National Mortgage Association

 

 

 

 

 

 

 

 

 

2.500% 01/30/07

 

2,000,000

 

1,971,054

 

 

10



 

 

 

 

 

Par ($)

 

Value ($)

 

Government & Agency Obligations – (continued)

 

 

 

 

 

U.S. GOVERNMENT AGENCIES – (continued)

 

 

 

 

 

 

 

4.125% 04/28/10

 

3,000,000

 

2,886,039

 

 

 

4.300% 06/30/08

 

1,300,000

 

1,277,466

 

 

 

5.800% 02/09/26

 

8,710,000

 

8,479,020

 

 

 

6.000% 05/15/11

 

330,000

 

339,937

 

 

 

6.000% 04/18/36

 

6,200,000

 

6,149,551

 

 

 

6.250% 05/15/29

 

1,500,000

 

1,644,988

 

 

 

U.S. GOVERNMENT AGENCIES TOTAL

 

100,649,260

 

U.S. GOVERNMENT OBLIGATIONS – 4.1%

 

 

 

 

 

U.S. Treasury Bonds

 

 

 

 

 

 

 

 

 

5.375% 02/15/31

 

18,197,000

 

18,815,407

 

U.S. Treasury Inflation Index Notes

 

 

 

 

 

 

 

 

 

2.000% 01/15/14

 

1,917,580

 

1,864,097

 

 

 

3.625% 01/15/08

 

1,065,254

 

1,082,023

 

U.S. Treasury Notes

 

 

 

 

 

 

 

 

 

4.000% 03/15/10

 

400,000

 

387,969

 

 

 

4.375% 12/15/10

 

1,335,000

 

1,307,205

 

 

 

4.875% 04/30/08(d)

 

6,940,000

 

6,924,545

 

 

 

4.875% 04/30/11

 

7,062,000

 

7,048,208

 

 

 

5.125% 05/15/16

 

4,075,000

 

4,117,343

 

 

 

U.S. GOVERNMENT OBLIGATIONS TOTAL

 

41,546,797

 

 

 

Total Government & Agency
Obligations
(cost of $190,509,703)

 

189,449,936

 

Asset-Backed Securities – 16.0%

 

 

 

 

 

 

 

ACE Securities Corp.

 

 

 

 

 

 

 

 

 

5.515% 05/25/36(b)

 

3,050,000

 

3,050,447

 

BMW Vehicle Owner Trust

 

 

 

 

 

 

 

 

 

2.530% 02/25/08

 

1,799,621

 

1,795,964

 

Centex Home Equity

 

 

 

 

 

 

 

 

 

5.655% 10/25/35(b)

 

3,600,000

 

3,601,730

 

Citibank Credit Card Issuance Trust

 

 

 

 

 

 

 

 

 

2.550% 01/20/09

 

5,000,000

 

4,934,013

 

Citibank Credit Card Master Trust I

 

 

 

 

 

 

 

 

 

5.875% 03/10/11

 

4,000,000

 

4,052,066

 

Countrywide Asset-Backed Certificates

 

 

 

 

 

 

 

 

 

5.460% 06/25/21(b)

 

10,069,406

 

10,069,248

 

 

 

5.520% 01/25/37(b)

 

8,500,000

 

8,504,073

 

Countrywide Home Equity Loan Trust

 

 

 

 

 

 

 

 

 

5.589% 01/15/34(b)

 

1,971,577

 

1,973,902

 

DaimlerChrysler Auto Trust

 

 

 

 

 

 

 

 

 

3.090% 01/08/08

 

540,882

 

540,553

 

11



 

 

 

 

 

Par ($)

 

Value ($)

 

Asset-Backed Securities – (continued)

 

 

 

 

 

Equity One ABS, Inc.

 

 

 

 

 

 

 

 

 

5.725% 07/25/34(b)

 

927,326

 

931,029

 

Fremont Home Loan Trust

 

 

 

 

 

 

 

 

 

5.485% 05/25/36(b)

 

4,000,000

 

3,999,931

 

 

 

5.495% 02/25/36(b)

 

6,925,000

 

6,924,882

 

GSAA Trust

 

 

 

 

 

 

 

 

 

4.651% 04/25/34(b)

 

1,383,149

 

1,375,345

 

Indymac Seconds Asset Backed Trust

 

 

 

 

 

 

 

 

 

5.515% 06/25/36(b)

 

3,782,454

 

3,782,394

 

JPMorgan Mortgage Acquisition Corp.

 

 

 

 

 

 

 

 

 

5.505% 04/25/36(b)

 

5,500,000

 

5,499,906

 

Long Beach Mortgage Loan Trust

 

 

 

 

 

 

 

 

 

5.485% 05/25/36(b)

 

3,425,000

 

3,424,941

 

MBNA Credit Card Master Note Trust

 

 

 

 

 

 

 

 

 

4.950% 06/15/09(e)

 

2,750,000

 

2,745,858

 

Nomura Home Equity Loan, Inc.

 

 

 

 

 

 

 

 

 

5.505% 03/25/36(b)

 

2,000,000

 

1,999,965

 

Oakwood Mortgage Investors, Inc.

 

 

 

 

 

 

 

 

 

7.100% 08/15/27

 

815,567

 

819,031

 

Onyx Acceptance Grantor Trust

 

 

 

 

 

 

 

 

 

3.890% 02/15/11

 

2,000,000

 

1,965,903

 

Origen Manufactured Housing

 

 

 

 

 

 

 

 

 

4.490% 05/15/18

 

1,100,000

 

1,076,411

 

Renaissance Home Equity Loan Trust

 

 

 

 

 

 

 

 

 

5.565% 02/25/36(b)

 

7,770,000

 

7,727,953

 

Residential Asset Mortgage Products, Inc.

 

 

 

 

 

 

 

 

 

3.052% 06/25/29

 

619,690

 

616,802

 

 

 

4.480% 09/25/29(b)

 

4,887,925

 

4,853,726

 

 

 

5.455% 05/25/36(b)

 

7,748,659

 

7,749,203

 

Residential Asset Securities Corp.

 

 

 

 

 

 

 

 

 

5.433% 06/25/36(b)

 

3,000,000

 

2,999,948

 

Residential Funding Mortgage Securities II, Inc.

 

 

 

 

 

 

 

 

 

4.700% 08/25/34

 

1,715,000

 

1,685,071

 

Small Business Administration

 

 

 

 

 

 

 

 

 

4.340% 03/01/24

 

2,672,992

 

2,475,741

 

 

 

4.500% 03/01/23

 

3,513,239

 

3,308,532

 

 

 

4.890% 09/01/22

 

1,785,883

 

1,725,781

 

 

 

5.110% 04/01/25

 

3,743,009

 

3,628,144

 

 

 

5.180% 05/01/24

 

4,405,172

 

4,302,755

 

 

 

5.240% 08/01/23

 

2,162,349

 

2,125,973

 

12



 

 

 

 

Par ($)

 

Value ($)

 

Asset-Backed Securities – (continued)

 

 

 

 

 

 

 

 

 

5.310% 08/01/22

 

3,062,866

 

3,030,110

 

 

5.520% 06/01/24

 

3,538,601

 

3,524,846

 

Small Business Administration Participation Certificates

 

 

 

 

 

 

 

 

5.570% 03/01/26

 

2,721,000

 

2,707,093

 

Soundview Home Equity Loan Trust

 

 

 

 

 

 

 

 

5.475% 07/25/36(b)

 

8,500,000

 

8,499,851

 

 

 

5.575% 11/25/35(b)

 

9,507,257

 

9,507,257

 

Wells Fargo Financial Auto Owner Trust

 

 

 

 

 

 

 

 

 

2.670% 08/16/10

 

7,270,000

 

7,119,670

 

WFS Financial Owner Trust

 

 

 

 

 

 

 

 

 

2.410% 12/20/10

 

3,526,631

 

3,479,101

 

 

2.810% 08/22/11

 

8,125,000

 

7,945,039

 

 

 

Total Asset-Backed Securities
(cost of $163,429,335)

 

162,080,188

 

 

 

 

 

 

Shares

 

 

 

Commercial Mortgage-Backed Securities – 6.9%

 

 

 

 

 

Bear Stearns Commercial Mortgage Securities

 

 

 

 

 

 

 

 

 

5.751% 09/11/38(b)

 

7,500,000

 

7,553,654

 

Citigroup/Deutsche Bank Commercial Mortgage Trust

 

 

 

 

 

 

 

 

 

5.448% 01/15/46(b)

 

6,525,000

 

6,388,001

 

CS First Boston Mortgage Securities Corp.

 

 

 

 

 

 

 

 

 

5.100% 08/15/38(b)

 

5,240,000

 

4,983,430

 

 

 

5.230% 12/15/40(b)

 

6,080,000

 

5,845,786

 

 

 

5.557% 02/15/39(b)

 

6,900,000

 

6,816,848

 

GS Mortgage Securities Corp. II

 

 

 

 

 

 

 

 

 

4.782% 07/10/39

 

6,015,000

 

5,608,821

 

JPMorgan Chase Commercial Mortgage Securities Corp.

 

 

 

 

 

 

 

 

 

4.134% 10/15/37

 

5,442,463

 

5,203,814

 

 

 

5.300% 12/15/44(b)

 

5,735,000

 

5,580,972

 

 

 

5.565% 04/15/43

 

5,700,000

 

5,603,901

 

 

 

5.855% 06/12/43(b)

 

6,700,000

 

6,760,766

 

 

 

5.876% 04/15/45(b)

 

4,645,000

 

4,707,010

 

LB-UBS Commercial Mortgage Trust

 

 

 

 

 

 

 

 

 

5.124% 11/15/32(b)

 

4,550,000

 

4,424,759

 

 

 

Total Commercial Mortgage-Backed
Securities
(cost of $71,061,831)

 

69,477,762

 

13



 

 

 

 

 

Par ($)

 

Value ($)

 

Collateralized Mortgage Obligations – 6.8%

 

 

 

 

 

AGENCY – 1.9%

 

 

 

 

 

 

 

Federal Home Loan Mortgage Corp.

 

 

 

 

 

 

 

 

 

4.000% 05/15/14

 

3,250,000

 

3,171,781

 

 

 

4.000% 09/15/15

 

2,900,000

 

2,805,350

 

 

 

4.500% 02/15/27

 

440,000

 

426,475

 

 

 

4.500% 07/15/27

 

1,370,000

 

1,327,979

 

 

 

4.500% 08/15/28

 

500,000

 

475,659

 

 

 

5.000% 08/15/16

 

1,904,016

 

1,885,526

 

 

 

5.000% 06/15/26

 

1,400,000

 

1,380,856

 

Federal National Mortgage Association

 

 

 

 

 

 

 

 

 

4.000% 01/25/16

 

1,390,000

 

1,327,077

 

 

 

4.500% 11/25/14

 

440,000

 

429,064

 

 

 

5.000% 07/25/16

 

1,613,018

 

1,594,978

 

 

 

5.500% 09/25/35

 

4,310,687

 

4,249,947

 

 

 

6.000% 12/25/16

 

172,504

 

173,568

 

 

 

AGENCY TOTAL

 

19,248,260

 

NON-AGENCY – 4.9%

 

 

 

 

 

 

 

American Home Mortgage Investment Trust

 

 

 

 

 

 

 

 

 

5.495% 06/25/36(b)

 

10,000,000

 

9,999,219

 

Chaseflex Trust

 

 

 

 

 

 

 

 

 

5.500% 02/25/35

 

3,947,340

 

3,868,161

 

 

 

5.500% 06/25/35

 

4,697,900

 

4,650,538

 

Citigroup Mortgage Loan Trust, Inc.

 

 

 

 

 

 

 

 

 

5.598% 03/25/36

 

1,900,000

 

1,873,760

 

Countrywide Alternative Loan Trust

 

 

 

 

 

 

 

 

 

5.000% 07/25/35

 

3,209,928

 

3,128,028

 

 

 

5.250% 03/25/35

 

3,857,168

 

3,780,438

 

First Horizon Alternative Mortgage Securities

 

 

 

 

 

 

 

 

 

6.000% 01/25/35

 

3,074,600

 

3,000,614

 

GSAA Trust

 

 

 

 

 

 

 

 

 

3.519% 11/25/33

 

2,850,756

 

2,809,972

 

JPMorgan Mortgage Trust

 

 

 

 

 

 

 

 

 

4.974% 07/25/34(b)

 

3,236,193

 

3,149,304

 

Morgan Stanley Mortgage Loan Trust

 

 

 

 

 

 

 

 

 

5.555% 08/25/36(b)

 

9,000,000

 

9,000,000

 

Residential Accredit Loans, Inc.

 

 

 

 

 

 

 

 

 

5.500% 02/25/35

 

3,828,479

 

3,762,343

 

14



 

 

 

 

 

Par ($)

 

Value ($)

 

Collateralized Mortgage Obligations – (continued)

 

 

 

 

 

NON-AGENCY – (continued)

 

 

 

 

 

 

 

Rural Housing Trust

 

 

 

 

 

 

 

 

 

6.330% 04/01/26

 

232,706

 

230,076

 

 

 

NON-AGENCY TOTAL

 

49,252,453

 

 

 

Total Collateralized Mortgage
Obligations
(cost of $69,799,954)

 

68,500,713

 

Short-Term Obligations – 14.5%

 

 

 

 

 

 

 

U.S. GOVERNMENT AGENCIES &
OBLIGATIONS – 14.2%

 

 

 

 

 

Federal Home Loan Bank

 

 

 

 

 

 

 

 

 

4.930% 08/15/06

 

42,042,000

 

41,961,396

 

 

 

5.140% 08/11/06

 

93,955,000

 

93,820,853

 

 

 

5.170% 08/01/06

 

7,635,000

 

7,635,000

 

 

 

U.S. GOVERNMENT AGENCIES & OBLIGATIONS TOTAL

 

143,417,249

 

REPURCHASE AGREEMENTS – 0.3%

 

 

 

 

 

 

 

 

 

Repurchase agreement with State Street Bank & Trust Co., dated 07/31/06, due 08/01/06 at 5.160%, collateralized by a U.S. Treasury Note maturing 02/28/11, market value of $2,573,213 (repurchase proceeds $2,519,361)

 

2,604,000

 

2,604,000

 

 

 

REPURCHASE AGREEMENTS TOTAL

 

2,604,000

 

 

 

Total Short-Term Obligations
(cost of $146,021,249)

 

146,021,249

 

 

15



 

 

Total Investments – 122.4%
(cost of $1,242,257,749)(f)(g)

 

1,235,235,121

 

 

 

 

 

 

 

 

Other Assets & Liabilities, Net – (22.4)%

 

(226,267,538

)

 

 

 

 

 

 

 

Net Assets – 100.0%

 

1,008,967,583

 

 

 

Notes to Investment Portfolio:

 

 

 

*

Security Valuation:

Debt securities generally are valued by pricing services approved by the Fund’s Board of Trustees, based upon market transactions for normal, institutional-size trading units of similar securities. The services may use various pricing techniques which take into account appropriate factors such as yield, quality, coupon rate, maturity, type of issue, trading characteristics and other data, as well as broker quotes. Debt securities for which quotations are readily available are valued at an over-the-counter or exchange bid quotation. Certain debt securities, which tend to be more thinly traded and of lesser quality, are priced based on fundamental analysis of the financial condition of the issuer and the estimated value of any collateral. Valuations developed through pricing techniques may vary from the actual amounts realized upon sale of the securities, and the potential variation may be greater for those securities valued using fundamental analysis.

Short-term debt obligations maturing within 60 days are valued at amortized cost, which approximates market value.

Futures contracts are valued at the settlement price established each day by the board of trade or exchange on which they are traded.

Investments for which market quotations are not readily available, or quotations which management believes are not appropriate, are valued at fair value under procedures approved by the Board of Trustees. If a security is valued at a “fair value”, such value is likely to be different from the last quoted market price for the security.

 

 

 

 

 

 

 

 

(a)

Security, or a portion thereof, purchased on a delayed delivery basis.

 

 

 

 

 

 

 

 

(b)

The interest rate shown on floating rate or variable rate securities reflects the rate at July 31, 2006.

 

 

 

 

 

 

 

 

(c)

Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At July 31, 2006, these securities, which are not illiquid, amounted to $9,893,358, which represents 1.0% of net assets.

 

 

 

 

 

 

 

 

(d)

A portion of this security with a market value of $698,441 is pledged as collateral for open futures contracts.

 

 

 

 

 

 

 

 

(e)

Investments in affiliates for the period ended July 31, 2006:

 

 

 

 

Security name: MBNA Credit Card Master Note Trust, 4.950% 06/15/09

 

 

 

 

Par as of 7/31/06:

$2,750,000

 

 

 

 

Net realized gain/loss:

$-

 

 

 

 

Interest income earned:

$34,031

 

 

 

 

Value at end of period:

$2,745,858

 

 

 

 

 

 

 

 

(f)

Cost for federal income tax purposes is $1,242,634,182.

 

 

 

 

 

 

 

 

(g)

Unrealized appreciation and depreciation at July 31, 2006 based on cost of investments for federal income tax purposes was:

 

 

Unrealized

 

Unrealized

 

Net Unrealized

 

Appreciation

 

Depreciation

 

Depreciation

 

$

6,017,423

 

$

(13,416,484

)

$

(7,399,061

)

At July 31, 2006, the Fund held the following open long futures contract:

 

Number of

 

 

 

Aggregate

 

Settlement

 

Unrealized

 

Type

 

Contracts

 

Value

 

Face Value

 

Date

 

Appreciation

 

10-Year U. S. Treasury Notes

 

435

 

$

46,123,594

 

$

45,607,604

 

Sept-2006

 

$

515,990

 

16



 

Acronym

 

Name

 

 

 

 

 

TBA

 

To Be Announced

 

 

17



Item 2. Controls and Procedures.

(a)          The registrant’s principal executive officer and principal financial officer, based on their evaluation of the registrant’s disclosure controls and procedures as of a date within 90 days of the filing of this report, have concluded that such controls and procedures are adequately designed to ensure that information required to be disclosed by the registrant in Form N-Q is accumulated and communicated to the registrant’s management, including the principal executive officer and principal financial officer, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.

(b)         There were no changes in the registrant’s internal control over financial reporting that occurred during the registrant’s last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 3. Exhibits.

Certifications pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2(a)) attached hereto as Exhibit 99.CERT.



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)

 

Columbia Funds Series Trust I

 

 

 

 

 

 

 

By (Signature and Title)

/s/ 

Christopher L. Wilson

 

 

 

Christopher L. Wilson, President

 

 

 

 

 

Date

 

September 28, 2006

 

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 (Signature and Title)

/s/ 

Christopher L. Wilson

 

 

 

Christopher L. Wilson, President

 

 

 

 

 

Date

 

September 28, 2006

 

 

 

 

 

 

 

By (Signature and Title)

/s/ 

J. Kevin Connaughton

 

 

 

J. Kevin Connaughton, Treasurer

 

 

 

 

 

Date

 

September 28, 2006