-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QmA6O6/98ergJopyUWbkpijOnuW9g0RU3G+t6WbT5mQt85Ck81ZPfpDZubnPVM8H mzDuny64bknbzLjRmwBefQ== 0000926877-02-000108.txt : 20021127 0000926877-02-000108.hdr.sgml : 20021127 20021127125458 ACCESSION NUMBER: 0000926877-02-000108 CONFORMED SUBMISSION TYPE: NSAR-B PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20020930 FILED AS OF DATE: 20021127 EFFECTIVENESS DATE: 20021127 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ARIEL INVESTMENT TRUST CENTRAL INDEX KEY: 0000798365 STATE OF INCORPORATION: MD FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: NSAR-B SEC ACT: 1940 Act SEC FILE NUMBER: 811-04786 FILM NUMBER: 02842791 BUSINESS ADDRESS: STREET 1: 200 EAST RANDOLPH DRIVE STREET 2: SUITE 2900 CITY: CHICAGO STATE: IL ZIP: 60601 BUSINESS PHONE: 3127260140 MAIL ADDRESS: STREET 1: 200 EAST RANDOLPH DRIVE STREET 2: SUITE 2900 CITY: CHICAGO STATE: IL ZIP: 60601 FORMER COMPANY: FORMER CONFORMED NAME: ARIEL GROWTH FUND DATE OF NAME CHANGE: 19931130 NSAR-B 1 answer.fil ANSWER FILE PAGE 1 000 B000000 09/30/2002 000 C000000 0000798365 000 D000000 N 000 E000000 NF 000 F000000 Y 000 G000000 N 000 H000000 N 000 I000000 6.1 000 J000000 A 001 A000000 ARIEL INVESTMENT TRUST 001 B000000 811-4786 001 C000000 4142715885 002 A000000 200 EAST RANDOLPH DRIVE SUITE 2900 002 B000000 CHICAGO 002 C000000 IL 002 D010000 60601 003 000000 N 004 000000 N 005 000000 N 006 000000 N 007 A000000 Y 007 B000000 4 007 C010100 1 007 C020100 ARIEL FUND 007 C030100 N 007 C010200 2 007 C020200 ARIEL APPRECIATION FUND 007 C030200 N 007 C010300 3 007 C020300 ARIEL PREMIER BOND FUND 007 C030300 N 007 C010400 4 007 C020400 ARIEL PREMIER GROWTH FUND 007 C030400 N 007 C010500 5 007 C010600 6 007 C010700 7 007 C010800 8 007 C010900 9 007 C011000 10 007 C011100 11 007 C011200 12 007 C011300 13 007 C011400 14 007 C011500 15 007 C011600 16 007 C011700 17 007 C011800 18 007 C011900 19 007 C012000 20 010 A00AA01 ARIEL CAPITAL MANAGEMENT, INC. PAGE 2 010 B00AA01 801-18767 010 C01AA01 CHICAGO 010 C02AA01 IL 010 C03AA01 60601 011 A00AA01 ARIEL DISTRIBUTORS, INC. 011 B00AA01 8-48238 011 C01AA01 CHICAGO 011 C02AA01 IL 011 C03AA01 60601 012 A00AA01 NFDS 012 B00AA01 84-01078 012 C01AA01 KANSAS CITY 012 C02AA01 MO 012 C03AA01 64105 013 A00AA01 ERNST & YOUNG LLP 013 B01AA01 CHICAGO 013 B02AA01 IL 013 B03AA01 60606 014 A00AA01 ARIEL DISTRIBUTORS, INC. 014 B00AA01 8-48238 015 A00AA01 STATE STREET KANSAS CITY 015 B00AA01 C 015 C01AA01 KANSAS CITY 015 C02AA01 MO 015 C03AA01 64105 015 E01AA01 X 018 00AA00 Y 019 A00AA00 N 019 B00AA00 0 020 A000001 INSTINET CORP. 020 B000001 13-3443395 020 C000001 278 020 A000002 JEFFERIES & CO., INC. 020 B000002 95-2622900 020 C000002 240 020 A000003 JONES & ASSOCIATES, INC. 020 B000003 95-3583143 020 C000003 213 020 A000004 GOLDMAN, SACHS & CO. 020 B000004 13-5108880 020 C000004 208 020 A000005 WEEDEN & CO. L.P. 020 B000005 13-3364318 020 C000005 176 020 A000006 BEAR, STEARNS & CO., INC. 020 B000006 13-3299429 020 C000006 164 020 A000007 GARDNER RICH & CO. 020 B000007 36-3606606 020 C000007 150 020 A000008 CANTOR FITZGERALD & CO. PAGE 3 020 B000008 13-3680184 020 C000008 109 020 A000009 WILLIAM BLAIR & CO., L.L.C. 020 B000009 36-2214610 020 C000009 105 020 A000010 MORGAN STANLEY DEAN WITTER & CO. 020 B000010 13-2655998 020 C000010 102 021 000000 2897 022 A000001 STATE STREET BANK & TRUST 022 B000001 04-1867445 022 C000001 42949547 022 D000001 0 022 A000002 SALOMON SMITH BARNEY, INC. 022 B000002 11-2418191 022 C000002 365129 022 D000002 342415 022 A000003 MERRILL LYNCH, PIERCE, FENNER & SMITH INC. 022 B000003 13-5674085 022 C000003 321584 022 D000003 278011 022 A000004 ITG INC. 022 B000004 95-2848406 022 C000004 163081 022 D000004 9469 022 A000005 INSTINET CORP. 022 B000005 13-3443395 022 C000005 139171 022 D000005 9813 022 A000006 GOLDMAN, SACHS & CO. 022 B000006 13-5108880 022 C000006 118719 022 D000006 31252 022 A000007 JEFFERIES & CO., INC. 022 B000007 95-2622900 022 C000007 104846 022 D000007 23066 022 A000008 BEAR, STEARNS & CO., INC. 022 B000008 13-3299429 022 C000008 92961 022 D000008 13882 022 A000009 WEEDEN & CO. L.P. 022 B000009 13-3364318 022 C000009 97808 022 D000009 22846 022 A000010 GARDNER RICH & CO. 022 B000010 36-3606606 022 C000010 88346 022 D000010 5414 023 C000000 45430031 023 D000000 915533 PAGE 4 026 A000000 N 026 B000000 Y 026 C000000 N 026 D000000 Y 026 E000000 N 026 F000000 N 026 G010000 N 026 G020000 N 026 H000000 N 027 000000 Y 029 00AA00 N 030 A00AA00 0 030 B00AA00 0.00 030 C00AA00 0.00 031 A00AA00 0 031 B00AA00 0 032 00AA00 0 033 00AA00 0 034 00AA00 N 035 00AA00 0 036 B00AA00 0 037 00AA00 N 038 00AA00 0 039 00AA00 Y 040 00AA00 Y 041 00AA00 Y 049 00AA00 N 050 00AA00 N 051 00AA00 N 052 00AA00 N 053 A00AA00 Y 053 B00AA00 Y 053 C00AA00 N 055 A00AA00 N 055 B00AA00 N 056 00AA00 Y 057 00AA00 N 077 A000000 Y 077 B000000 Y 077 C000000 N 077 D000000 N 077 E000000 N 077 F000000 N 077 G000000 N 077 H000000 N 077 I000000 N 077 J000000 Y 077 K000000 N 077 L000000 N 077 M000000 N 077 N000000 N PAGE 5 077 O000000 N 077 P000000 N 077 Q030000 Y 078 000000 N 080 A00AA00 FEDERAL INSURANCE COMPANY 080 C00AA00 2100 081 A00AA00 N 081 B00AA00 0 082 A00AA00 Y 082 B00AA00 75 083 A00AA00 N 083 B00AA00 0 084 A00AA00 N 084 B00AA00 0 085 A00AA00 Y 085 B00AA00 N 086 A010000 0 086 A020000 0 086 B010000 0 086 B020000 0 086 C010000 0 086 C020000 0 086 D010000 0 086 D020000 0 086 E010000 0 086 E020000 0 086 F010000 0 086 F020000 0 008 A000101 ARIEL CAPITAL MANAGEMENT, INC. 008 B000101 A 008 C000101 801-18767 008 D010101 CHICAGO 008 D020101 IL 008 D030101 60601 024 000100 N 025 D000101 0 025 D000102 0 025 D000103 0 025 D000104 0 025 D000105 0 025 D000106 0 025 D000107 0 025 D000108 0 028 A010100 169807 028 A020100 0 028 A030100 0 028 A040100 16282 028 B010100 174835 028 B020100 0 028 B030100 0 028 B040100 32996 PAGE 6 028 C010100 85005 028 C020100 0 028 C030100 0 028 C040100 104962 028 D010100 85173 028 D020100 0 028 D030100 0 028 D040100 91370 028 E010100 113225 028 E020100 0 028 E030100 0 028 E040100 48258 028 F010100 108484 028 F020100 0 028 F030100 0 028 F040100 50217 028 G010100 736529 028 G020100 0 028 G030100 0 028 G040100 344085 028 H000100 0 042 A000100 0 042 B000100 0 042 C000100 0 042 D000100 100 042 E000100 0 042 F000100 0 042 G000100 0 042 H000100 0 043 000100 2166 044 000100 1044 045 000100 Y 046 000100 N 047 000100 Y 048 000100 0.000 048 A010100 500000 048 A020100 0.650 048 B010100 500000 048 B020100 0.600 048 C010100 0 048 C020100 0.000 048 D010100 0 048 D020100 0.000 048 E010100 0 048 E020100 0.000 048 F010100 0 048 F020100 0.000 048 G010100 0 048 G020100 0.000 048 H010100 0 048 H020100 0.000 PAGE 7 048 I010100 0 048 I020100 0.000 048 J010100 0 048 J020100 0.000 048 K010100 1000000 048 K020100 0.550 054 A000100 Y 054 B000100 Y 054 C000100 Y 054 D000100 N 054 E000100 N 054 F000100 N 054 G000100 N 054 H000100 Y 054 I000100 N 054 J000100 Y 054 K000100 N 054 L000100 N 054 M000100 Y 054 N000100 N 054 O000100 N 058 A000100 N 059 000100 Y 060 A000100 Y 060 B000100 Y 061 000100 50 062 A000100 N 062 B000100 0.0 062 C000100 0.0 062 D000100 0.0 062 E000100 0.0 062 F000100 0.0 062 G000100 0.0 062 H000100 0.0 062 I000100 0.0 062 J000100 0.0 062 K000100 0.0 062 L000100 0.0 062 M000100 0.0 062 N000100 0.0 062 O000100 0.0 062 P000100 0.0 062 Q000100 0.0 062 R000100 0.0 063 A000100 0 063 B000100 0.0 066 A000100 Y 066 B000100 N 066 C000100 Y 066 D000100 N 066 E000100 N PAGE 8 066 F000100 N 066 G000100 N 067 000100 N 068 A000100 N 068 B000100 N 069 000100 N 070 A010100 Y 070 A020100 Y 070 B010100 N 070 B020100 N 070 C010100 N 070 C020100 N 070 D010100 N 070 D020100 N 070 E010100 N 070 E020100 N 070 F010100 N 070 F020100 N 070 G010100 N 070 G020100 N 070 H010100 N 070 H020100 N 070 I010100 N 070 I020100 N 070 J010100 Y 070 J020100 N 070 K010100 N 070 K020100 N 070 L010100 N 070 L020100 N 070 M010100 N 070 M020100 N 070 N010100 Y 070 N020100 N 070 O010100 Y 070 O020100 N 070 P010100 Y 070 P020100 Y 070 Q010100 N 070 Q020100 N 070 R010100 N 070 R020100 N 071 A000100 741425 071 B000100 45126 071 C000100 782053 071 D000100 6 072 A000100 12 072 B000100 565 072 C000100 8738 072 D000100 0 072 E000100 3 PAGE 9 072 F000100 5447 072 G000100 0 072 H000100 0 072 I000100 2143 072 J000100 53 072 K000100 0 072 L000100 162 072 M000100 54 072 N000100 182 072 O000100 0 072 P000100 0 072 Q000100 0 072 R000100 30 072 S000100 32 072 T000100 2166 072 U000100 0 072 V000100 0 072 W000100 34 072 X000100 10303 072 Y000100 0 072 Z000100 -997 072AA000100 17751 072BB000100 3910 072CC010100 0 072CC020100 58765 072DD010100 1666 072DD020100 0 072EE000100 8048 073 A010100 0.1106 073 A020100 0.0000 073 B000100 0.5347 073 C000100 0.0000 074 A000100 0 074 B000100 115783 074 C000100 0 074 D000100 0 074 E000100 0 074 F000100 1042025 074 G000100 0 074 H000100 0 074 I000100 0 074 J000100 0 074 K000100 0 074 L000100 7000 074 M000100 117 074 N000100 1164925 074 O000100 19068 074 P000100 676 074 Q000100 0 074 R010100 0 074 R020100 0 PAGE 10 074 R030100 0 074 R040100 4680 074 S000100 0 074 T000100 1140501 074 U010100 32422 074 U020100 0 074 V010100 35.18 074 V020100 0.00 074 W000100 0.0000 074 X000100 19128 074 Y000100 0 075 A000100 0 075 B000100 832318 076 000100 0.00 008 A000201 ARIEL CAPITAL MANAGMENT, INC. 008 B000201 A 008 C000201 801-18767 008 D010201 CHICAGO 008 D020201 IL 008 D030201 60601 024 000200 N 025 D000201 0 025 D000202 0 025 D000203 0 025 D000204 0 025 D000205 0 025 D000206 0 025 D000207 0 025 D000208 0 028 A010200 179603 028 A020200 0 028 A030200 0 028 A040200 62783 028 B010200 131266 028 B020200 0 028 B030200 0 028 B040200 42546 028 C010200 118868 028 C020200 0 028 C030200 0 028 C040200 73096 028 D010200 109432 028 D020200 0 028 D030200 0 028 D040200 111700 028 E010200 110210 028 E020200 0 028 E030200 0 028 E040200 45200 028 F010200 68370 028 F020200 0 PAGE 11 028 F030200 0 028 F040200 50447 028 G010200 717749 028 G020200 0 028 G030200 0 028 G040200 385772 028 H000200 0 042 A000200 0 042 B000200 0 042 C000200 0 042 D000200 100 042 E000200 0 042 F000200 0 042 G000200 0 042 H000200 0 043 000200 2731 044 000200 1671 045 000200 Y 046 000200 N 047 000200 Y 048 000200 0.000 048 A010200 500000 048 A020200 0.750 048 B010200 500000 048 B020200 0.700 048 C010200 0 048 C020200 0.000 048 D010200 0 048 D020200 0.000 048 E010200 0 048 E020200 0.000 048 F010200 0 048 F020200 0.000 048 G010200 0 048 G020200 0.000 048 H010200 0 048 H020200 0.000 048 I010200 0 048 I020200 0.000 048 J010200 0 048 J020200 0.000 048 K010200 1000000 048 K020200 0.650 054 A000200 Y 054 B000200 Y 054 C000200 Y 054 D000200 N 054 E000200 N 054 F000200 N 054 G000200 N 054 H000200 Y PAGE 12 054 I000200 N 054 J000200 Y 054 K000200 N 054 L000200 N 054 M000200 Y 054 N000200 N 054 O000200 N 058 A000200 N 059 000200 Y 060 A000200 Y 060 B000200 Y 061 000200 50 062 A000200 N 062 B000200 0.0 062 C000200 0.0 062 D000200 0.0 062 E000200 0.0 062 F000200 0.0 062 G000200 0.0 062 H000200 0.0 062 I000200 0.0 062 J000200 0.0 062 K000200 0.0 062 L000200 0.0 062 M000200 0.0 062 N000200 0.0 062 O000200 0.0 062 P000200 0.0 062 Q000200 0.0 062 R000200 0.0 063 A000200 0 063 B000200 0.0 066 A000200 Y 066 B000200 N 066 C000200 Y 066 D000200 N 066 E000200 N 066 F000200 N 066 G000200 N 067 000200 N 068 A000200 N 068 B000200 N 069 000200 N 070 A010200 Y 070 A020200 Y 070 B010200 N 070 B020200 N 070 C010200 N 070 C020200 N 070 D010200 N 070 D020200 N PAGE 13 070 E010200 N 070 E020200 N 070 F010200 N 070 F020200 N 070 G010200 N 070 G020200 N 070 H010200 N 070 H020200 N 070 I010200 N 070 I020200 N 070 J010200 Y 070 J020200 N 070 K010200 N 070 K020200 N 070 L010200 N 070 L020200 N 070 M010200 N 070 M020200 N 070 N010200 Y 070 N020200 N 070 O010200 Y 070 O020200 N 070 P010200 Y 070 P020200 Y 070 Q010200 N 070 Q020200 N 070 R010200 N 070 R020200 N 071 A000200 987021 071 B000200 135221 071 C000200 1014154 071 D000200 13 072 A000200 12 072 B000200 431 072 C000200 12601 072 D000200 0 072 E000200 3 072 F000200 7852 072 G000200 0 072 H000200 0 072 I000200 2498 072 J000200 63 072 K000200 0 072 L000200 159 072 M000200 54 072 N000200 267 072 O000200 0 072 P000200 0 072 Q000200 0 072 R000200 30 072 S000200 32 PAGE 14 072 T000200 2731 072 U000200 0 072 V000200 0 072 W000200 41 072 X000200 13727 072 Y000200 0 072 Z000200 -692 072AA000200 17714 072BB000200 11556 072CC010200 0 072CC020200 165042 072DD010200 1282 072DD020200 0 072EE000200 13958 073 A010200 0.0648 073 A020200 0.0000 073 B000200 0.7058 073 C000200 0.0000 074 A000200 0 074 B000200 33164 074 C000200 0 074 D000200 0 074 E000200 0 074 F000200 1235066 074 G000200 0 074 H000200 0 074 I000200 0 074 J000200 17575 074 K000200 0 074 L000200 5737 074 M000200 141 074 N000200 1291683 074 O000200 14172 074 P000200 863 074 Q000200 0 074 R010200 0 074 R020200 0 074 R030200 0 074 R040200 2105 074 S000200 0 074 T000200 1274543 074 U010200 40480 074 U020200 0 074 V010200 31.49 074 V020200 0.00 074 W000200 0.0000 074 X000200 24680 074 Y000200 0 075 A000200 0 075 B000200 1049025 076 000200 0.00 PAGE 15 008 A000301 ARIEL CAPITAL MANAGEMENT, INC. 008 B000301 A 008 C000301 801-18767 008 D010301 CHICAGO 008 D020301 IL 008 D030301 60601 008 A000302 LINCOLN CAPITAL MANAGEMENT CO. 008 B000302 S 008 C000302 801-00977 008 D010302 CHICAGO 008 D020302 IL 008 D030302 60606 024 000300 N 025 D000301 0 025 D000302 0 025 D000303 0 025 D000304 0 025 D000305 0 025 D000306 0 025 D000307 0 025 D000308 0 025 D000309 0 025 D000310 0 025 D000311 0 025 D000312 0 025 D000313 0 025 D000314 0 025 D000315 0 025 D000316 0 028 A010300 3481 028 A020300 747 028 A030300 0 028 A040300 1745 028 B010300 2587 028 B020300 787 028 B030300 0 028 B040300 1360 028 C010300 3342 028 C020300 0 028 C030300 0 028 C040300 2754 028 D010300 17818 028 D020300 1182 028 D030300 0 028 D040300 3454 028 E010300 5988 028 E020300 593 028 E030300 0 028 E040300 3475 028 F010300 6600 028 F020300 0 PAGE 16 028 F030300 0 028 F040300 1728 028 G010300 39816 028 G020300 3309 028 G030300 0 028 G040300 14516 028 H000300 0 042 A000300 0 042 B000300 0 042 C000300 0 042 D000300 100 042 E000300 0 042 F000300 0 042 G000300 0 042 H000300 0 043 000300 32 044 000300 405 045 000300 Y 046 000300 N 047 000300 Y 048 000300 0.350 048 A010300 0 048 A020300 0.000 048 B010300 0 048 B020300 0.000 048 C010300 0 048 C020300 0.000 048 D010300 0 048 D020300 0.000 048 E010300 0 048 E020300 0.000 048 F010300 0 048 F020300 0.000 048 G010300 0 048 G020300 0.000 048 H010300 0 048 H020300 0.000 048 I010300 0 048 I020300 0.000 048 J010300 0 048 J020300 0.000 048 K010300 0 048 K020300 0.000 054 A000300 Y 054 B000300 Y 054 C000300 Y 054 D000300 Y 054 E000300 Y 054 F000300 Y 054 G000300 Y 054 H000300 Y PAGE 17 054 I000300 Y 054 J000300 Y 054 K000300 Y 054 L000300 Y 054 M000300 Y 054 N000300 Y 054 O000300 Y 058 A000300 N 059 000300 Y 060 A000300 Y 060 B000300 Y 061 000300 50 062 A000300 Y 062 B000300 0.0 062 C000300 0.0 062 D000300 16.8 062 E000300 0.0 062 F000300 0.0 062 G000300 0.0 062 H000300 0.0 062 I000300 0.0 062 J000300 0.0 062 K000300 0.0 062 L000300 0.0 062 M000300 21.9 062 N000300 34.7 062 O000300 0.0 062 P000300 20.9 062 Q000300 30.4 062 R000300 0.0 063 A000300 0 063 B000300 6.4 064 A000300 Y 064 B000300 N 066 A000300 N 067 000300 N 068 A000300 N 068 B000300 N 069 000300 N 070 A010300 Y 070 A020300 Y 070 B010300 N 070 B020300 N 070 C010300 N 070 C020300 N 070 D010300 N 070 D020300 N 070 E010300 N 070 E020300 N 070 F010300 N 070 F020300 N PAGE 18 070 G010300 N 070 G020300 N 070 H010300 N 070 H020300 N 070 I010300 N 070 I020300 N 070 J010300 Y 070 J020300 Y 070 K010300 N 070 K020300 N 070 L010300 N 070 L020300 N 070 M010300 N 070 M020300 N 070 N010300 Y 070 N020300 N 070 O010300 Y 070 O020300 N 070 P010300 Y 070 P020300 N 070 Q010300 N 070 Q020300 N 070 R010300 N 070 R020300 N 071 A000300 728101 071 B000300 738727 071 C000300 218489 071 D000300 333 072 A000300 12 072 B000300 9123 072 C000300 0 072 D000300 0 072 E000300 5 072 F000300 916 072 G000300 0 072 H000300 0 072 I000300 0 072 J000300 0 072 K000300 0 072 L000300 0 072 M000300 0 072 N000300 0 072 O000300 0 072 P000300 0 072 Q000300 0 072 R000300 0 072 S000300 0 072 T000300 32 072 U000300 0 072 V000300 0 072 W000300 0 PAGE 19 072 X000300 948 072 Y000300 0 072 Z000300 8180 072AA000300 7171 072BB000300 2938 072CC010300 3190 072CC020300 0 072DD010300 8183 072DD020300 0 072EE000300 1991 073 A010300 0.4334 073 A020300 0.3920 073 B000300 0.0991 073 C000300 0.0000 074 A000300 16 074 B000300 36588 074 C000300 0 074 D000300 235128 074 E000300 0 074 F000300 0 074 G000300 0 074 H000300 0 074 I000300 0 074 J000300 0 074 K000300 0 074 L000300 2252 074 M000300 0 074 N000300 273984 074 O000300 55269 074 P000300 85 074 Q000300 0 074 R010300 0 074 R020300 0 074 R030300 0 074 R040300 767 074 S000300 0 074 T000300 217863 074 U010300 18228 074 U020300 2079 074 V010300 10.73 074 V020300 10.72 074 W000300 0.0000 074 X000300 1493 074 Y000300 0 075 A000300 0 075 B000300 200605 076 000300 0.00 008 A000401 ARIEL CAPITAL MANAGEMENT, INC. 008 B000401 A 008 C000401 801-18767 008 D010401 CHICAGO PAGE 20 008 D020401 IL 008 D030401 60601 008 A000402 LINCOLN CAPITAL MANAGEMENT CO. 008 B000402 S 008 C000402 801-00977 008 D010402 CHICAGO 008 D020402 IL 008 D030402 60606 024 000400 N 025 D000401 0 025 D000402 0 025 D000403 0 025 D000404 0 025 D000405 0 025 D000406 0 025 D000407 0 025 D000408 0 028 A010400 1394 028 A020400 0 028 A030400 0 028 A040400 50 028 B010400 915 028 B020400 0 028 B030400 0 028 B040400 21 028 C010400 378 028 C020400 0 028 C030400 0 028 C040400 247 028 D010400 765 028 D020400 0 028 D030400 0 028 D040400 70 028 E010400 651 028 E020400 0 028 E030400 0 028 E040400 158 028 F010400 260 028 F020400 0 028 F030400 0 028 F040400 78 028 G010400 4363 028 G020400 0 028 G030400 0 028 G040400 624 028 H000400 0 042 A000400 0 042 B000400 0 042 C000400 0 042 D000400 100 042 E000400 0 PAGE 21 042 F000400 0 042 G000400 0 042 H000400 0 043 000400 12 044 000400 9 045 000400 Y 046 000400 N 047 000400 Y 048 000400 0.000 048 A010400 500000 048 A020400 0.600 048 B010400 500000 048 B020400 0.575 048 C010400 0 048 C020400 0.000 048 D010400 0 048 D020400 0.000 048 E010400 0 048 E020400 0.000 048 F010400 0 048 F020400 0.000 048 G010400 0 048 G020400 0.000 048 H010400 0 048 H020400 0.000 048 I010400 0 048 I020400 0.000 048 J010400 0 048 J020400 0.000 048 K010400 1000000 048 K020400 0.550 054 A000400 Y 054 B000400 Y 054 C000400 Y 054 D000400 N 054 E000400 N 054 F000400 N 054 G000400 N 054 H000400 Y 054 I000400 N 054 J000400 Y 054 K000400 N 054 L000400 N 054 M000400 Y 054 N000400 N 054 O000400 N 058 A000400 N 059 000400 Y 060 A000400 Y 060 B000400 Y 061 000400 50 PAGE 22 062 A000400 N 062 B000400 0.0 062 C000400 0.0 062 D000400 0.0 062 E000400 0.0 062 F000400 0.0 062 G000400 0.0 062 H000400 0.0 062 I000400 0.0 062 J000400 0.0 062 K000400 0.0 062 L000400 0.0 062 M000400 0.0 062 N000400 0.0 062 O000400 0.0 062 P000400 0.0 062 Q000400 0.0 062 R000400 0.0 063 A000400 0 063 B000400 0.0 066 A000400 Y 066 B000400 N 066 C000400 Y 066 D000400 N 066 E000400 N 066 F000400 N 066 G000400 N 067 000400 N 068 A000400 N 068 B000400 N 069 000400 N 070 A010400 Y 070 A020400 Y 070 B010400 N 070 B020400 N 070 C010400 N 070 C020400 N 070 D010400 N 070 D020400 N 070 E010400 N 070 E020400 N 070 F010400 N 070 F020400 N 070 G010400 N 070 G020400 N 070 H010400 N 070 H020400 N 070 I010400 N 070 I020400 N 070 J010400 Y 070 J020400 N PAGE 23 070 K010400 N 070 K020400 N 070 L010400 N 070 L020400 N 070 M010400 N 070 M020400 N 070 N010400 Y 070 N020400 N 070 O010400 Y 070 O020400 N 070 P010400 Y 070 P020400 N 070 Q010400 N 070 Q020400 N 070 R010400 N 070 R020400 N 071 A000400 22172 071 B000400 6589 071 C000400 11211 071 D000400 59 072 A000400 8 072 B000400 2 072 C000400 57 072 D000400 0 072 E000400 0 072 F000400 46 072 G000400 0 072 H000400 0 072 I000400 74 072 J000400 13 072 K000400 0 072 L000400 40 072 M000400 26 072 N000400 3 072 O000400 0 072 P000400 0 072 Q000400 0 072 R000400 30 072 S000400 18 072 T000400 12 072 U000400 0 072 V000400 0 072 W000400 3 072 X000400 265 072 Y000400 192 072 Z000400 -14 072AA000400 24 072BB000400 2036 072CC010400 0 072CC020400 2564 072DD010400 0 PAGE 24 072DD020400 0 072EE000400 0 073 A010400 0.0000 073 A020400 0.0000 073 B000400 0.0000 073 C000400 0.0000 074 A000400 0 074 B000400 186 074 C000400 0 074 D000400 0 074 E000400 0 074 F000400 11006 074 G000400 0 074 H000400 0 074 I000400 0 074 J000400 101 074 K000400 186 074 L000400 42 074 M000400 0 074 N000400 11521 074 O000400 115 074 P000400 1 074 Q000400 0 074 R010400 0 074 R020400 0 074 R030400 0 074 R040400 40 074 S000400 0 074 T000400 11365 074 U010400 500 074 U020400 1145 074 V010400 6.92 074 V020400 6.90 074 W000400 0.0000 074 X000400 1334 074 Y000400 0 075 A000400 0 075 B000400 11328 076 000400 0.00 SIGNATURE JASON HADLER TITLE FINANCIAL ANALYST EX-99.77J REVALUATN 3 item77j093002.txt ROC SOP Exhibit 77J to Form N-SAR for Ariel Investment Trust According to the provisions of Statement of Position 93 - 2 SOP 93 - 2 Determination, Disclosure and Financial Statement Presentation of Income, Capital Gain and Return of Capital Distributions by Investment Companies, the Funds are required to report the accumulated net investment income loss and accumulated net capital gain loss accounts to approximate amounts available for future distributions on a tax basis or to offset future realized capital gains. Accordingly, at September 30, 2002, reclassifications were recorded to increase (decrease) capital stock by $(5,007), $(107), $(13,699) and $0; increase (decrease) undistributed net investment income by $1,170,919, $800,387 $13,699 and $8,096; and increase (decrease) accumulated net realized gain (loss) on investments by $(1,165,912) $(800,280), $0 and $(8,096) for the Ariel Fund, Appreciation Fund, Premier Growth Fund and Premier Bond Fund, respectively. EX-99.77B ACCT LTTR 4 item77b093002.txt OPINION Exhibit 77B to Form N-SAR for Ariel Investment Trust Report of Independent Auditors To the Shareholders and Board of Trustees of Ariel Mutual Funds In planning and performing our audit of the financial statements of Ariel Fund, Ariel Appreciation Fund, Ariel Premier Bond Fund, and Ariel Premier Growth Fund, comprising Ariel Investment Trust (the "Funds") for the year ended September 30, 2002, we considered its internal control, including control activities for safeguarding securities, in order to determine our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-SAR, not to provide assurance on internal control. The management of the Funds is responsible for establishing and maintaining internal control. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. Generally, controls that are relevant to an audit pertain to the entity's objective of preparing financial statements for external purposes that are fairly presented in conformity with generally accepted accounting principles. Those controls include the safeguarding of assets against unauthorized acquisition, use, or disposition. Because of inherent limitations in internal control, error or fraud may occur and not be detected. Also, projection of any evaluation of internal control to future periods is subject to the risk that it may become inadequate because of changes in conditions or that the effectiveness of the design and operation may deteriorate. Our consideration of internal control would not necessarily disclose all matters in internal control that might be material weaknesses under standards established by the American Institute of Certified Public Accountants. A material weakness is a condition in which the design or operation of one or more of the internal control components does not reduce to a relatively low level the risk that misstatements caused by error or fraud in amounts that would be material in relation to the financial statements being audited may occur and not be detected within a timely period by employees in the normal course of performing their assigned functions. However, we noted no matters involving internal control and its operation, including controls for safeguarding securities, that we consider to be material weaknesses as defined above as of September 30, 2002. This report is intended solely for the information and use management, the Board of Trustees of the Funds, and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties. Ernst & Young LLP Chicago, Illinois October 19, 2002 EX-99.77Q CERT 5 item77q3093002.txt CERTIFICATION Exhibit 77Q3 to Form N-SAR for Ariel Investment Trust (a) (i) and (ii) INTERNAL CONTROLS: As of September 30, 2002 (a date within 90 days of the filing of the Registrant's Form N-SAR for the fiscal year ended September 30,2002), an evaluation was carried out under the supervision and with the participation of the Registrant's management, including the Registrant's Principal Executive Officer and Principal Financial Officer (the "Principal Officers") of the effectiveness of the design and operation of Registrant's disclosure controls and procedures (as defined in Rule 30a-2(c) under the Investment Company Act of 1940). Based on that evaluation, the Registrant's Principal Officers concluded that: (i) the Registrant's disclosure controls and procedures were effective and (ii) there have been no significant changes in the Registrant's internal controls or in other factors that could significantly affect internal controls subsequent to September 30, 2002. (a) (iii): CERTIFICATIONS: I, Mellody L. Hobson, Principal Executive Officer, certify that: 1. I have reviewed this report on Form N-SAR of Ariel Investment Trust; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the financial information included in this report, and the financial statements on which the financial information is based, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report; 4. The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in rule 30a-2(c) under the Investment Company Act) for the registrant and have: a) designed such disclosure controls and procedures to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; b) evaluated the effectiveness of the registrant's disclosure controls and procedures as of a date within 90 days prior to the filing date of this report (the "Evaluation Date"); and c) presented in this report our conclusions about the effectiveness of the disclosure controls and procedures based on our evaluation as of the Evaluation Date; 5. The registrant's other certifying officers and I have disclosed, based on our most recent evaluation, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): a) all significant deficiencies in the design or operation of internal controls which could adversely affect the registrant's ability to record, process, summarize, and report financial data and have identified for the registrant's auditors any material weaknesses in internal controls; and b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal controls; and 6. The registrant's other certifying officers and I have indicated in this report whether or not there were significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date of our most recent evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses. Date: November 26, 2002 /s/ Mellody L. Hobson Principal Executive Officer Ariel Investment Trust I, James W. Atkinson, Principal Financial Officer, certify that: 1. I have reviewed this report on Form N-SAR of Ariel Investment Trust; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the financial information included in this report, and the financial statements on which the financial information is based, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report; 4. The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in rule 30a-2(c) under the Investment Company Act) for the registrant and have: a) designed such disclosure controls and procedures to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; b) evaluated the effectiveness of the registrant's disclosure controls and procedures as of a date within 90 days prior to the filing date of this report (the "Evaluation Date"); and c) presented in this report our conclusions about the effectiveness of the disclosure controls and procedures based on our evaluation as of the Evaluation Date; 5. The registrant's other certifying officers and I have disclosed, based on our most recent evaluation, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): a) all significant deficiencies in the design or operation of internal controls which could adversely affect the registrant's ability to record, process, summarize, and report financial data and have identified for the registrant's auditors any material weaknesses in internal controls; and b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal controls; and 6. The registrant's other certifying officers and I have indicated in this report whether or not there were significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date of our most recent evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses. Date: November 26, 2002 /s/ James W. Atkinson Principal Financial Officer Ariel Investment Trust -----END PRIVACY-ENHANCED MESSAGE-----