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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number: 811-7428
ING Mutual Funds
7337 E. Doubletree Ranch Rd., Scottsdale, AZ 85258
(Address of principal executive offices) (Zip code)
The Corporation Trust Company,
1209 Orange Street, Wilmington, DE 19801
(Name and address of agent for service)
Registrants telephone number, including area code: 1-800-992-0180
Date of fiscal year end: October 31
Date of reporting period: November 1, 2011 to April 30, 2012
Item 1. Reports to Stockholders.
The following is a copy of the report transmitted to stockholders pursuant to Rule 30e-1 under the Act (17 CFR 270.30e-1):
n |
ING Diversified International Fund | |
n | ING Emerging Countries Fund | |
n | ING Emerging Markets Equity Fund | |
n | ING Global Bond Fund | |
n | ING Global Equity Dividend Fund | |
n | ING Global Natural Resources Fund | |
n | ING Global Opportunities Fund | |
n | ING Global Real Estate Fund | |
n | ING Global Value Choice Fund | |
n | ING Greater China Fund | |
n | ING Index Plus International Equity Fund | |
n | ING International Core Fund | |
n | ING International Growth Fund | |
n | ING International Real Estate Fund | |
n | ING International Small Cap Fund (formerly, ING International SmallCap Multi-Manager Fund) | |
n | ING International Value Choice Fund | |
n | ING International Value Fund | |
n | ING Russia Fund |
This report is submitted for general information to
shareholders of the ING Funds. It is not authorized for distribution to prospective shareholders unless accompanied or preceded by a prospectus which
includes details regarding the funds investment objectives, risks, charges, expenses and other information. This information should be read
carefully. |
Presidents
Letter |
2 | |||||
Market
Perspective |
3 | |||||
Portfolio
Managers Reports |
6 | |||||
Shareholder
Expense Examples |
24 | |||||
Statements of
Assets and Liabilities |
28 | |||||
Statements of
Operations |
38 | |||||
Statements of
Changes in Net Assets |
43 | |||||
Financial
Highlights |
52 | |||||
Notes to
Financial Statements |
65 | |||||
Summary
Portfolios of Investments |
91 | |||||
Advisory
Contract Approval Discussion |
163 |
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Index | Description | |||||
---|---|---|---|---|---|---|
Barclays Capital
Global Aggregate Index |
Provides a broad-based measure of the global investment-grade fixed-rate debt markets. |
|||||
Barclays Capital
High Yield Bond 2% Issuer Constrained Composite Index |
An
unmanaged index that includes all fixed income securities having a maximum quality rating of Ba1, a minimum amount outstanding of $150 million, and at
least one year to maturity. |
|||||
Barclays Capital
U.S. Aggregate Bond Index |
An
unmanaged index of publicly issued investment grade U.S. Government, mortgage-backed, asset-backed and corporate debt securities. |
|||||
MSCI All
Countries Golden Dragon IndexSM |
A
broad-based, unmanaged index of common stocks traded in China, Hong Kong and Taiwan. It is an aggregate of the MSCI Hong Kong Index, the MSCI China
Free Index and the MSCI Taiwan Index. |
|||||
MSCI All Country
World (ex-US) IndexSM |
A
free float-adjusted market capitalization index that is designed to measure equity market performance in global developed and emerging markets,
excluding the U.S. It includes the reinvestment of dividends net of withholding taxes, but does not reflect fees, brokerage commissions or other
expenses of investing. |
|||||
MSCI All Country
World IndexSM |
A
free-float adjusted market capitalization index that is designed to measure equity market performance in the global developed and emerging
markets. |
|||||
MSCI Emerging
Markets IndexSM |
An
unmanaged index that measures the performance of securities listed on exchanges in developing nations throughout the world. It includes the
reinvestment of dividends and distributions net of withholding taxes, but does not reflect fees, brokerage commissions or other expenses of
investing. |
|||||
MSCI Europe ex
UK® Index |
A
free float-adjusted market capitalization index that is designed to measure developed market equity performance in Europe, excluding the
UK. |
|||||
MSCI Europe,
Australasia and Far East® (MSCI EAFE) Index |
An
unmanaged index that measures the performance of securities listed on exchanges in Europe, Australasia and the Far East. It includes the reinvestment
of dividends net of withholding taxes, but does not reflect fees, brokerage commissions or other expenses of investing. |
|||||
MSCI Japan®
Index |
A
free float-adjusted market capitalization index that is designed to measure developed market equity performance in Japan. |
|||||
MSCI Russia 10/40
Index |
A
free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of the Russian market taking into
account the Undertakings for Collective Investment in Transferable Securities (UCITS III) directive which constrains the weight of any single group
entity, as defined therein, at 10% of a funds total assets and the sum of the weights of all group entities representing more than 5% of the fund
at 40% of the funds total assets. |
|||||
MSCI UK®
Index |
A
free float-adjusted market capitalization index that is designed to measure developed market equity performance in the UK. |
|||||
MSCI World
IndexSM |
An
unmanaged index that measures the performance of over 1,400 securities listed on exchanges in the U.S., Europe, Canada, Australia, New Zealand and the
Far East. |
|||||
Russia Trading
System Index |
A
capitalization-weighted index that is calculated in U.S. dollars. The index tracks the performance of Russias most active stocks traded on the
RTS. The index is operated by the National Association of Participants in the Securities Markets, a non-profit body. |
|||||
S&P 500®
Index |
An
unmanaged index that measures the performance of securities of approximately 500 large-capitalization companies whose securities are traded on major
U.S. stock markets. |
Index | Description | |||||
---|---|---|---|---|---|---|
S&P Developed
ex-US Property Index |
An
unmanaged float-adjusted index which defines and measures the investable universe of publicly traded property companies domiciled in developed
countries, outside of the United States, that derive more than half of their revenue from property-related activities, such as property ownership,
management, development, rental and investment. It includes the reinvestment of dividends but is gross of withholding taxes on dividends and does not
reflect fees, brokerage commissions or other expenses of investing. |
|||||
S&P Developed
ex-US SmallCap Index |
An
unmanaged float-adjusted index which captures the bottom 15% of companies in the developed markets, based on the cumulative market capitalization of
each country, excluding the United States, within the S&P Global Broad Market Index, which covers all publicly listed equities in 47 countries with
a float-adjusted market capitalization of US$100 million or greater and a minimum annual trading liquidity of US$50 million. |
|||||
S&P Developed
Property Index |
An
unmanaged float-adjusted index which defines and measure the investable universe of publicly traded property companies domiciled in developed countries
that derive more than half of their revenue from property-related activities, such as property ownership, management, development, rental and
investment. |
|||||
S&P
Euro-Pacific Asia Composite SmallCap Index |
An
unmanaged float-adjusted index which captures the bottom 15% of companies in the developed European and Pacific markets, based on the cumulative market
capitalization of each country, within the S&P Global Broad Market Index, which covers all publicly listed equities in 47 countries with a float
adjusted market capitalization of US$100 million or greater and a minimum annual trading liquidity of US $50 million. |
|||||
S&P North
American Natural Resources Sector Index |
An
unmanaged index and a market-capitalization weighted index of stocks designed to measure the performance of companies in the natural resources sector,
which includes energy, precious metals, timber and other sub-sectors. Each sector index is a modified-capitalization weighted index, the constituents
of which are selected according to objective screening criteria. The weight of a particular stock in each Sector Index is capped at a cap level
determined on a sector-by-sector basis. |
|||||
S&P/Case-Shiller 20-City Composite Home Price Index |
A
composite index of the home price index for the top 20 Metropolitan Statistical Areas in the United States. The index is published monthly by Standard
& Poors. |
ING DIVERSIFIED INTERNATIONAL FUND | PORTFOLIO MANAGERS REPORT |
Sector Diversification as of April 30, 2012 (as a percentage of net assets) |
||||||||
Affiliated Investment Companies |
95.7 | % | ||||||
Exchange-Traded Funds |
4.5 | % | ||||||
Liabilities in Excess of Other Assets |
(0.2 |
)% | ||||||
Net
Assets |
100.0 | % | ||||||
Portfolio holdings are subject to change daily. |
Target Allocations as of April 30, 2012 (as a percentage of net assets) |
||||||||
Emerging Markets |
15 | % | ||||||
International Core |
40 | % | ||||||
International Growth |
20 | % | ||||||
International Real Estate |
0 | % | ||||||
International SmallCap |
5 | % | ||||||
International Value |
20 | % | ||||||
Portfolio holdings are subject to change daily. |
(1) |
The members of the Asset Allocation Committee are: William A. Evans, Paul Zemsky and Heather Hackett. |
PORTFOLIO MANAGERS REPORT | ING EMERGING COUNTRIES FUND |
Geographic Diversification as of April 30, 2012 (as a percentage of net assets) |
||||||||
South
Korea |
17.6 | % | ||||||
Brazil |
16.4 | % | ||||||
China |
15.7 | % | ||||||
Taiwan |
7.1 | % | ||||||
Russia |
7.0 | % | ||||||
South
Africa |
6.6 | % | ||||||
United
States |
5.5 | % | ||||||
Thailand |
4.3 | % | ||||||
Mexico |
4.2 | % | ||||||
Hong
Kong |
3.6 | % | ||||||
Countries between 0.3%3.6%ˆ |
11.3 | % | ||||||
Assets
in Excess of Other Liabilities* |
0.7 | % | ||||||
Net
Assets |
100.0 | % | ||||||
* Includes short-term investments. | ||||||||
ˆ Includes 13 countries, which each represents 0.3%3.6% of net assets. | ||||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2012 (as a percentage of net assets) |
||||||||
Samsung Electronics Co., Ltd. |
3.1 | % | ||||||
Avon
Products, Inc. |
3.0 | % | ||||||
Samsung Electronics Co., Ltd. GDR |
2.7 | % | ||||||
Petroleo Brasileiro SA ADR |
2.1 | % | ||||||
Sberbank of Russia ADR |
1.9 | % | ||||||
Industrial and Commercial Bank of China Ltd. |
1.8 | % | ||||||
China
Construction Bank |
1.8 | % | ||||||
Taiwan
Semiconductor Manufacturing Co., Ltd. ADR |
1.6 | % | ||||||
Vale
SA ADR |
1.5 | % | ||||||
Itau
Unibanco Holding SA ADR |
1.5 | % | ||||||
Portfolio holdings are subject to change daily. |
* |
Effective February 24, 2012, ING Investment Management Advisors, B.V. was removed as the sub-adviser to the Fund and effective March 12, 2012, J.P. Morgan and Delaware were added as the new sub-advisers. Subject to shareholder approval, the Fund will be merged into ING Emerging Markets Equity Fund on or about July 21, 2012. |
(1) |
For purposes of these discussions, the fund refers to each Sub-Advisers respectively managed portion of ING Emerging Countries Fund. |
ING EMERGING MARKETS EQUITY FUND | PORTFOLIO MANAGERS REPORT |
Geographic Diversification as of April 30, 2012 (as a percentage of net assets) |
|||||||
South
Korea |
16.9 | % | |||||
Brazil |
15.7 | % | |||||
China |
14.9 | % | |||||
Taiwan |
7.2 | % | |||||
Russia |
7.1 | % | |||||
South
Africa |
6.8 | % | |||||
United
States |
5.2 | % | |||||
Thailand |
4.1 | % | |||||
Mexico |
3.7 | % | |||||
Countries between 0.3%3.6%ˆ |
14.1 | % | |||||
Assets
in Excess of Other Liabilities* |
4.3 | % | |||||
Net
Assets |
100.0 | % | |||||
* Includes short-term investments. | |||||||
ˆ Includes 14 countries, which each represents 0.3%3.6% of net assets. | |||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2012 (as a percentage of net assets) |
||||||||
Samsung Electronics Co., Ltd. |
2.9 | % | ||||||
Avon
Products, Inc. |
2.8 | % | ||||||
Samsung Electronics Co., Ltd. GDR |
2.6 | % | ||||||
Petroleo Brasileiro SA ADR |
2.0 | % | ||||||
Sberbank of Russia ADR |
1.9 | % | ||||||
Industrial and Commercial Bank of China Ltd. |
1.7 | % | ||||||
China
Construction Bank |
1.7 | % | ||||||
Taiwan
Semiconductor Manufacturing Co., Ltd. ADR |
1.6 | % | ||||||
Lukoil
OAO ADR |
1.5 | % | ||||||
Vale
SA ADR |
1.5 | % | ||||||
Portfolio holdings are subject to change daily. |
(1) |
For purposes of these discussions, the fund refers to each Sub-Advisers respectively managed portion of ING Emerging Markets Equity Fund. |
PORTFOLIO MANAGERS REPORT | ING GLOBAL BOND FUND |
Geographic Diversification as of April 30, 2012 (as a percentage of net assets) |
|||||||
United
States |
44.0 | % | |||||
Brazil |
9.5 | % | |||||
South
Africa |
3.0 | % | |||||
Mexico |
2.7 | % | |||||
Ireland |
2.6 | % | |||||
United
Kingdom |
1.5 | % | |||||
South
Korea |
0.2 | % | |||||
Countries between 0.0%3.0%ˆ |
21.3 | % | |||||
Assets
in Excess of Other Liabilities* |
15.2 | % | |||||
Net
Assets |
100.0 | % | |||||
* Includes short-term investments. | |||||||
ˆ Includes 30 countries, which each represents 0.0%3.0% of net assets. | |||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2012* (as a percentage of net assets) |
|||||||
Brazil
Notas do Tesouro Nacional Series F, 10.000%, 01/01/21 |
6.9 | % | |||||
United
States Treasury Note, 1.500%, 03/31/19 |
3.5 | % | |||||
South
Africa Government Bond, 10.500%, 12/21/26 |
2.6 | % | |||||
Italy
Buoni Poliennali Del Tesoro, 5.500%, 09/01/22 |
2.1 | % | |||||
Bundesrepublik Deutschland, 2.000%, 01/04/22 |
1.6 | % | |||||
Petroleos Mexicanos, 7.650%, 11/24/21 |
1.6 | % | |||||
Ireland Government Bond, 4.400%, 06/18/19 |
1.5 | % | |||||
Freddie Mac, 2.375%, 01/13/22 |
1.3 | % | |||||
Freddie Mac, 0.690%, 06/15/37 |
1.0 | % | |||||
Ireland Government Bond, 4.500%, 04/18/20 |
1.1 | % | |||||
* Excludes short-term investments. | |||||||
Portfolio holdings are subject to change daily. |
ING GLOBAL EQUITY DIVIDEND FUND | PORTFOLIO MANAGERS REPORT |
Geographic Diversification as of April 30, 2012 (as a percentage of net assets) |
|||||||
United
States |
38.6 | % | |||||
United
Kingdom |
12.1 | % | |||||
Japan |
9.1 | % | |||||
France |
7.6 | % | |||||
Germany |
5.8 | % | |||||
Canada |
4.4 | % | |||||
Switzerland |
4.1 | % | |||||
Australia |
3.0 | % | |||||
Netherlands |
2.6 | % | |||||
Singapore |
2.1 | % | |||||
Countries between 0.5%1.5%ˆ |
7.2 | % | |||||
Assets
in Excess of Other Liabilities* |
3.4 | % | |||||
Net
Assets |
100.0 | % | |||||
* Includes short-term investments. | |||||||
ˆ Includes 10 countries, which each represents 0.5%1.5% of net assets. | |||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2012 (as a percentage of net assets) |
||||||||
Bayer
AG |
1.6 | % | ||||||
Chevron Corp. |
1.6 | % | ||||||
ExxonMobil Corp. |
1.6 | % | ||||||
Telefonaktiebolaget LM Ericsson |
1.5 | % | ||||||
Royal
Dutch Shell PLC |
1.5 | % | ||||||
General Electric Co. |
1.5 | % | ||||||
Microsoft Corp. |
1.5 | % | ||||||
United
Technologies Corp. |
1.4 | % | ||||||
Novartis AG |
1.5 | % | ||||||
Gaz de
France |
1.4 | % | ||||||
Portfolio holdings are subject to change daily. |
PORTFOLIO MANAGERS REPORT | ING GLOBAL NATURAL RESOURCES FUND |
Geographic Diversification as of April 30, 2012 (as a percentage of net assets) |
|||||||
United
States |
78.6 | % | |||||
Canada |
6.9 | % | |||||
United
Kingdom |
5.5 | % | |||||
Netherlands |
3.3 | % | |||||
Norway |
2.6 | % | |||||
France |
1.3 | % | |||||
Assets
in Excess of Other Liabilities* |
1.8 | % | |||||
Net
Assets |
100.0 | % | |||||
* Includes short-term investments. | |||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2012 (as a percentage of net assets) |
||||||||
ExxonMobil Corp. |
9.4 | % | ||||||
Chevron Corp. |
7.2 | % | ||||||
National Oilwell Varco, Inc. |
4.4 | % | ||||||
Halliburton Co. |
4.3 | % | ||||||
Freeport-McMoRan Copper & Gold, Inc. |
4.1 | % | ||||||
Schlumberger Ltd. |
3.9 | % | ||||||
EOG
Resources, Inc. |
3.3 | % | ||||||
Royal
Dutch Shell PLC Class A ADR |
3.3 | % | ||||||
Cameron International Corp. |
3.1 | % | ||||||
Anadarko Petroleum Corp. |
3.1 | % | ||||||
Portfolio holdings are subject to change daily. |
* |
Effective April 30, 2012, Jamie Swain was added as a portfolio manager to the Fund. |
ING GLOBAL OPPORTUNITIES FUND | PORTFOLIO MANAGERS REPORT |
Geographic Diversification as of April 30, 2012 (as a percentage of net assets) |
|||||||
United
States |
35.0 | % | |||||
United
Kingdom |
9.9 | % | |||||
Switzerland |
8.3 | % | |||||
China |
7.7 | % | |||||
Netherlands |
6.3 | % | |||||
Japan |
6.0 | % | |||||
France |
3.7 | % | |||||
Indonesia |
2.5 | % | |||||
India |
2.1 | % | |||||
Countries between 0.3%1.8%ˆ |
17.8 | % | |||||
Assets
in Excess of Other Liabilities* |
0.7 | % | |||||
Net
Assets |
100.0 | % | |||||
* Includes short-term investments. | |||||||
ˆ Includes 17 countries, which each represents 0.3%1.8% of net assets. | |||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2012* (as a percentage of net assets) |
|||||||
NetApp, Inc. |
2.5 | % | |||||
Novartis AG |
2.4 | % | |||||
Nestle
S.A. |
2.3 | % | |||||
Microsoft Corp. |
2.2 | % | |||||
Apple,
Inc. |
2.2 | % | |||||
SPDR
S&P Biotech ETF |
2.0 | % | |||||
HSBC
Holdings PLC |
2.0 | % | |||||
Royal
Dutch Shell PLC |
1.9 | % | |||||
Samsung Electronics Co., Ltd. |
1.8 | % | |||||
Imperial Tobacco Group PLC |
1.7 | % | |||||
* Excludes short-term investments. | |||||||
Portfolio holdings are subject to change daily. |
PORTFOLIO MANAGERS REPORT | ING GLOBAL REAL ESTATE FUND |
Geographic Diversification as of April 30, 2012 (as a percentage of net assets) |
|||||||
United
States |
47.2 | % | |||||
Japan |
12.8 | % | |||||
Hong
Kong |
10.0 | % | |||||
Australia |
7.9 | % | |||||
Singapore |
4.8 | % | |||||
United
Kingdom |
4.6 | % | |||||
France |
4.4 | % | |||||
Canada |
2.5 | % | |||||
China |
2.3 | % | |||||
Netherlands |
0.7 | % | |||||
Countries between 0.2%0.5%ˆ |
1.1 | % | |||||
Assets
in Excess of Other Liabilities* |
1.7 | % | |||||
Net
Assets |
100.0 | % | |||||
* Includes short-term investments. | |||||||
ˆ Includes 4 countries, which each represents 0.2%0.5% of net assets. | |||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2012 (as a percentage of net assets) |
||||||||
Simon
Property Group, Inc. |
6.0 | % | ||||||
Mitsubishi Estate Co., Ltd. |
3.4 | % | ||||||
Mitsui
Fudosan Co., Ltd. |
3.2 | % | ||||||
Boston
Properties, Inc. |
2.9 | % | ||||||
AvalonBay Communities, Inc. |
2.8 | % | ||||||
ProLogis, Inc. |
2.8 | % | ||||||
Westfield Group |
2.6 | % | ||||||
Cheung
Kong Holdings Ltd. |
2.5 | % | ||||||
Unibail |
2.3 | % | ||||||
Macerich Co. |
2.3 | % | ||||||
Portfolio holdings are subject to change daily. |
ING GLOBAL VALUE CHOICE FUND | PORTFOLIO MANAGERS REPORT |
Geographic Diversification as of April 30, 2012 (as a percentage of net assets) |
|||||||
United
States |
25.8 | % | |||||
Japan |
15.3 | % | |||||
Canada |
13.3 | % | |||||
France |
7.9 | % | |||||
Russia |
4.9 | % | |||||
South
Korea |
4.6 | % | |||||
United
Kingdom |
3.8 | % | |||||
Italy |
3.6 | % | |||||
Brazil |
2.8 | % | |||||
South
Africa |
2.7 | % | |||||
Countries between 0.0%2.1%ˆ |
13.8 | % | |||||
Assets
in Excess of Other Liabilities* |
1.5 | % | |||||
Net
Assets |
100.0 | % | |||||
* Includes short-term investments. | |||||||
ˆ Includes 15 countries, which each represents 0.0%2.1% of net assets. | |||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2012 (as a percentage of net assets) |
||||||||
Electricite de France SA |
4.6 | % | ||||||
Newmont Mining Corp. |
4.0 | % | ||||||
Barrick Gold Corp. |
3.8 | % | ||||||
Cameco
Corp. |
3.6 | % | ||||||
Best
Buy Co., Inc. |
2.6 | % | ||||||
Federal Hydrogenerating Co. JSC ADR |
2.4 | % | ||||||
Nippon
Telegraph & Telephone Corp. |
2.3 | % | ||||||
Polyus
Gold International Ltd. GDR |
2.2 | % | ||||||
Thales
S.A. |
2.2 | % | ||||||
Gazprom OAO ADR |
2.2 | % | ||||||
Portfolio holdings are subject to change daily. |
* |
Effective April 1, 2012, David Iben was replaced by Emily Alejos and Andrew Thelen as portfolio managers to the Fund. |
PORTFOLIO MANAGERS REPORT | ING GREATER CHINA FUND |
Geographic Diversification as of April 30, 2012 (as a percentage of net assets) |
||||||||
China |
45.7 | % | ||||||
Taiwan |
28.4 | % | ||||||
Hong
Kong |
25.6 | % | ||||||
Assets
in Excess of Other Liabilities |
0.3 | % | ||||||
Net
Assets |
100.0 | % | ||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2012 (as a percentage of net assets) |
||||||||
Taiwan
Semiconductor Manufacturing Co., Ltd. |
5.7 | % | ||||||
China
Mobile Ltd. |
5.0 | % | ||||||
Hon
Hai Precision Industry Co., Ltd. |
3.2 | % | ||||||
CNOOC
Ltd. |
3.0 | % | ||||||
Industrial and Commercial Bank of China Ltd. |
2.9 | % | ||||||
China
Construction Bank |
2.9 | % | ||||||
Tencent Holdings Ltd. |
2.6 | % | ||||||
PetroChina Co., Ltd. |
2.5 | % | ||||||
Chow
Sang Sang Holdings International Ltd. |
2.4 | % | ||||||
AIA
Group Ltd. |
2.4 | % | ||||||
Portfolio holdings are subject to change daily. |
* |
Michael Chiu was removed as a portfolio manager to the Fund effective May 18, 2012. Guy Uding and William Pang were added as portfolio managers to the Fund effective May 7, 2012 | |
(1) |
Domestic A shares refers to the shares traded on the Shanghai and Shenzhen Stock Exchanges, which are generally only available to mainland citizens. |
ING INDEX PLUS INTERNATIONAL EQUITY FUND | PORTFOLIO MANAGERS REPORT |
Geographic Diversification as of April 30, 2012 (as a percentage of net assets) |
|||||||
Japan |
22.6 | % | |||||
United
Kingdom |
20.0 | % | |||||
Australia |
8.6 | % | |||||
Germany |
7.7 | % | |||||
Switzerland |
7.5 | % | |||||
France |
7.4 | % | |||||
Spain |
4.5 | % | |||||
Sweden |
3.5 | % | |||||
Netherlands |
3.1 | % | |||||
Countries between 0.0%2.4%ˆ |
13.8 | % | |||||
Assets
in Excess of Other Liabilities* |
1.3 | % | |||||
Net
Assets |
100.0 | % | |||||
* Includes short-term investments. | |||||||
ˆ Includes 17 countries, which each represents 0.0%2.4% of net assets. | |||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2012* (as a percentage of net assets) |
|||||||
Nestle
S.A. |
2.2 | % | |||||
Novartis AG |
1.6 | % | |||||
British American Tobacco PLC |
1.5 | % | |||||
HSBC
Holdings PLC |
1.4 | % | |||||
Commonwealth Bank of Australia |
1.2 | % | |||||
BP
PLC |
1.1 | % | |||||
Royal
Dutch Shell PLC Class B |
1.1 | % | |||||
Vodafone Group PLC |
1.1 | % | |||||
ENI
S.p.A. |
1.1 | % | |||||
Total
S.A. |
1.1 | % | |||||
* Excludes short-term investments. | |||||||
Portfolio holdings are subject to change daily. |
* |
Effective November 28, 2011, Sam Lam replaced Pranay Gupta as a portfolio manager to the Fund. |
PORTFOLIO MANAGERS REPORT | ING INTERNATIONAL CORE FUND |
Geographic Diversification as of April 30, 2012 (as a percentage of net assets) |
|||||||
United
Kingdom |
21.2 | % | |||||
Japan |
12.3 | % | |||||
France |
11.1 | % | |||||
Switzerland |
8.9 | % | |||||
Germany |
7.7 | % | |||||
China |
5.9 | % | |||||
Canada |
4.7 | % | |||||
Brazil |
3.4 | % | |||||
Sweden |
3.0 | % | |||||
United
States |
3.0 | % | |||||
Countries between 0.1%2.6%ˆ |
18.0 | % | |||||
Assets
in Excess of Other Liabilities* |
0.8 | % | |||||
Net
Assets |
100.0 | % | |||||
* Includes short-term investments. | |||||||
ˆ Includes 18 countries, which each represents 0.1%-2.6% of net assets. | |||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2012* (as a percentage of net assets) |
|||||||
BG
Group PLC |
2.4 | % | |||||
British American Tobacco PLC |
2.3 | % | |||||
Air
Liquide |
2.1 | % | |||||
Fanuc
Ltd. |
1.8 | % | |||||
Rolls-Royce Holdings PLC |
1.7 | % | |||||
Canadian National Railway Co. |
1.7 | % | |||||
Mitsubishi UFJ Financial Group, Inc. |
1.6 | % | |||||
Standard Chartered PLC |
1.5 | % | |||||
Roche
Holding AG Genusschein |
1.5 | % | |||||
Novo-Nordisk A/S |
1.4 | % | |||||
* Excludes short-term investments. | |||||||
Portfolio holdings are subject to change daily. |
(1) |
For purposes of these discussions, the fund refers to each Sub-Advisers respectively managed portion of ING International Core Fund. |
ING INTERNATIONAL GROWTH FUND | PORTFOLIO MANAGERS REPORT |
Geographic Diversification as of April 30, 2012 (as a percentage of net assets) |
|||||||
United
Kingdom |
20.6 | % | |||||
Japan |
13.4 | % | |||||
Switzerland |
9.0 | % | |||||
Australia |
5.4 | % | |||||
China |
5.2 | % | |||||
Sweden |
4.7 | % | |||||
France |
4.5 | % | |||||
Denmark |
4.2 | % | |||||
Hong
Kong |
3.8 | % | |||||
United
States |
3.0 | % | |||||
Countries between 0.1%3.3%ˆ |
27.3 | % | |||||
Liabilities in Excess of Other Assets* |
(1.1 | )% | |||||
Net
Assets |
100.0 | % | |||||
* Includes short-term investments. | |||||||
ˆ Includes 26 countries, which each represents 0.1%-3.3% of net assets. | |||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2012 (as a percentage of net assets) |
||||||||
Roche
Holding AG Genusschein |
1.9 | % | ||||||
Carlsberg A/S |
1.8 | % | ||||||
Nestle
S.A. |
1.7 | % | ||||||
Atlas
Copco AB Class B |
1.5 | % | ||||||
BHP
Billiton PLC |
1.5 | % | ||||||
Svenska Handelsbanken AB |
1.5 | % | ||||||
Samsung Electronics Co., Ltd. GDR |
1.4 | % | ||||||
Cochlear Ltd. |
1.3 | % | ||||||
Novo-Nordisk A/S |
1.3 | % | ||||||
Li
& Fung Ltd. |
1.2 | % | ||||||
Portfolio holdings are subject to change daily. |
* |
Effective December 29, 2011, Iain Campbell, Joe Faraday, and Paul Faulkner were added to the prospectus as portfolio managers for the portion of the Fund managed by Baillie Gifford. | |
(1) |
For purposes of these discussions, the fund refers to each Sub-Advisers respectively managed portion of ING International Growth Fund. |
PORTFOLIO MANAGERS REPORT | ING INTERNATIONAL REAL ESTATE FUND |
Geographic Diversification as of April 30, 2012 (as a percentage of net assets) |
|||||||
Japan |
24.0 | % | |||||
Hong
Kong |
19.2 | % | |||||
Australia |
15.2 | % | |||||
Singapore |
9.2 | % | |||||
United
Kingdom |
8.3 | % | |||||
France |
7.4 | % | |||||
Canada |
4.1 | % | |||||
China |
2.6 | % | |||||
Switzerland |
1.6 | % | |||||
Sweden |
1.6 | % | |||||
Countries between 0.1%1.1%ˆ |
4.0 | % | |||||
Assets
in Excess of Other Liabilities |
2.8 | % | |||||
Net
Assets |
100.0 | % | |||||
ˆ Includes 7 countries, which each represents 0.1%1.1% of net assets. | |||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2012 (as a percentage of net assets) |
||||||||
Mitsubishi Estate Co., Ltd. |
6.0 | % | ||||||
Westfield Group |
5.3 | % | ||||||
Mitsui
Fudosan Co., Ltd. |
5.0 | % | ||||||
Cheung
Kong Holdings Ltd. |
4.3 | % | ||||||
Unibail |
3.9 | % | ||||||
Sun
Hung Kai Properties Ltd. |
3.1 | % | ||||||
Hang
Lung Properties Ltd. |
2.7 | % | ||||||
CapitaLand Ltd. |
2.2 | % | ||||||
Link
Real Estate Investment Trust |
2.2 | % | ||||||
Land
Securities Group PLC |
2.1 | % | ||||||
Portfolio holdings are subject to change daily. |
ING INTERNATIONAL SMALL CAP FUND | PORTFOLIO MANAGERS REPORT |
Geographic Diversification as of April 30, 2012 (as a percentage of net assets) |
|||||||
Japan |
20.4 | % | |||||
United
Kingdom |
17.1 | % | |||||
Germany |
7.7 | % | |||||
Australia |
6.5 | % | |||||
Hong
Kong |
4.2 | % | |||||
Canada |
4.0 | % | |||||
France |
4.0 | % | |||||
Switzerland |
3.8 | % | |||||
South
Korea |
3.1 | % | |||||
Netherlands |
2.9 | % | |||||
Countries between 0.0%2.9%ˆ |
24.8 | % | |||||
Assets
in Excess of Other Liabilities* |
1.5 | % | |||||
Net
Assets |
100.0 | % | |||||
* Includes short-term investments. | |||||||
ˆ Includes 31 countries, which each represents 0.0%2.9% of net assets. | |||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2012 (as a percentage of net assets) |
||||||||
Forbo
Holding AG |
1.0 | % | ||||||
Drax
Group PLC |
0.8 | % | ||||||
Unipres Corp. |
0.8 | % | ||||||
Draegerwerk AG & Co. KGaA |
0.8 | % | ||||||
Imtech
NV |
0.7 | % | ||||||
Kanematsu Corp. |
0.7 | % | ||||||
Delta
Lloyd NV |
0.7 | % | ||||||
Rheinmetall AG |
0.7 | % | ||||||
Kapsch
TrafficCom AG |
0.7 | % | ||||||
Aurubis AG |
0.6 | % | ||||||
Portfolio holdings are subject to change daily. |
(1) |
For purposes of these discussions, the fund refers to each Sub-Advisers respectively managed portion of ING International SmallCap Fund. |
PORTFOLIO MANAGERS REPORT | ING INTERNATIONAL VALUE CHOICE FUND |
Geographic Diversification as of April 30, 2012 (as a percentage of net assets) |
|||||||
Japan |
29.4 | % | |||||
Canada |
13.4 | % | |||||
France |
11.4 | % | |||||
United
Kingdom |
9.3 | % | |||||
South
Korea |
4.4 | % | |||||
South
Africa |
4.3 | % | |||||
Australia |
3.5 | % | |||||
Germany |
3.2 | % | |||||
Italy |
2.9 | % | |||||
United
States |
1.6 | % | |||||
Countries between 0.5%2.8%ˆ |
13.4 | % | |||||
Assets
in Excess of Other Liabilities* |
3.2 | % | |||||
Net
Assets |
100.0 | % | |||||
* Includes short-term investments. | |||||||
ˆ Includes 9 countries, which each represents 0.5%2.8% of net assets. | |||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2012 (as a percentage of net assets) |
||||||||
Barrick Gold Corp. |
3.2 | % | ||||||
Telecom Italia S.p.A. RNC |
2.9 | % | ||||||
SK
Telecom Co., Ltd. ADR |
2.9 | % | ||||||
Cameco
Corp. |
2.8 | % | ||||||
Sanofi-Aventis |
2.7 | % | ||||||
Nippon
Telegraph & Telephone Corp. ADR |
2.7 | % | ||||||
GlaxoSmithKline PLC |
2.5 | % | ||||||
Newcrest Mining Ltd. |
2.5 | % | ||||||
Dai
Nippon Printing Co., Ltd. |
2.4 | % | ||||||
Carrefour S.A. |
2.4 | % | ||||||
Portfolio holdings are subject to change daily. |
* |
Effective April 1, 2012, Alberto Jimenez Crespo is no longer a portfolio manager to the Fund. |
ING INTERNATIONAL VALUE FUND | PORTFOLIO MANAGERS REPORT |
Geographic Diversification as of April 30, 2012 (as a percentage of net assets) |
|||||||
Japan |
24.2 | % | |||||
United
Kingdom |
19.4 | % | |||||
France |
7.7 | % | |||||
Netherlands |
7.6 | % | |||||
Germany |
6.0 | % | |||||
Italy |
5.6 | % | |||||
Switzerland |
5.3 | % | |||||
United
States |
2.0 | % | |||||
Sweden |
1.9 | % | |||||
Canada |
1.7 | % | |||||
Countries between 0.3%1.6%ˆ |
16.2 | % | |||||
Assets
in Excess of Other Liabilities* |
2.4 | % | |||||
Net
Assets |
100.0 | % | |||||
* Includes short-term investments. | |||||||
ˆ Includes 17 countries, which each represents 0.3%1.6% of net assets. | |||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2012 (as a percentage of net assets) |
||||||||
Sanofi-Aventis |
2.4 | % | ||||||
Unilever NV |
1.8 | % | ||||||
ENI
S.p.A. |
1.7 | % | ||||||
Royal
Dutch Shell PLC Class A |
1.6 | % | ||||||
GlaxoSmithKline PLC |
1.6 | % | ||||||
Total
S.A. |
1.5 | % | ||||||
Seven
& I Holdings Co., Ltd. |
1.5 | % | ||||||
Telecom Italia S.p.A. RNC |
1.5 | % | ||||||
Siemens AG |
1.5 | % | ||||||
Vodafone Group PLC |
1.4 | % | ||||||
Portfolio holdings are subject to change daily. |
(1) |
For purposes of these discussions, the fund refers to each Sub-Advisers respectively managed portion of ING International Value Fund. |
PORTFOLIO MANAGERS REPORT | ING RUSSIA FUND |
Sector Diversification as of April 30, 2012 (as a percentage of net assets) |
|||||||
Energy |
42.6 | % | |||||
Financials |
17.2 | % | |||||
Materials |
13.4 | % | |||||
Consumer Staples |
8.5 | % | |||||
Utilities |
7.8 | % | |||||
Telecommunications |
6.2 | % | |||||
Information Technology |
1.4 | % | |||||
Industrials |
1.2 | % | |||||
Consumer Discretionary |
0.7 | % | |||||
Assets
in Excess of Other Liabilities* |
1.0 | % | |||||
Net
Assets |
100.0 | % | |||||
* Includes short-term investments. | |||||||
Portfolio holdings are subject to change daily. |
Top Ten Holdings as of April 30, 2012 (as a percentage of net assets) |
||||||||
Sberbank of Russian Federation |
11.4 | % | ||||||
NovaTek OAO GDR |
8.4 | % | ||||||
Lukoil
OAO ADR |
7.7 | % | ||||||
Gazprom OAO |
7.3 | % | ||||||
Magnit
OAO |
5.8 | % | ||||||
Transneft |
4.4 | % | ||||||
RusHydro |
3.8 | % | ||||||
Tatneft ADR |
3.8 | % | ||||||
Uralkali GDR |
3.7 | % | ||||||
Severstal OAO GDR |
3.3 | % | ||||||
Portfolio holdings are subject to change daily. |
* |
Effective May 8, 2012, Nathan Griffiths replaced Remco Vergeer as a portfolio manager to the Fund. |
Actual Fund Return |
Hypothetical (5% return before expenses) |
|
|||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Beginning Account Value November 1, 2011 |
Ending Account Value April 30, 2012 |
Annualized Expense Ratio |
Expenses Paid During the Period Ended April 30, 2012* |
Beginning Account Value November 1, 2011 |
Ending Account Value April 30, 2012 |
Annualized Expense Ratio |
Expenses Paid During the Period Ended April 30, 2012* |
||||||||||||||||||||||||||||
ING
Diversified International Fund** |
|||||||||||||||||||||||||||||||||||
Class
A |
$1,000.00 | $ | 1,050.70 | 0.50 | % | $ 2.55 | $1,000.00 | $ | 1,022.38 | 0.50 | % | $ 2.51 | |||||||||||||||||||||||
Class
B |
1,000.00 | 1,047.30 | 1.25 | 6.36 | 1,000.00 | 1,018.65 | 1.25 | 6.27 | |||||||||||||||||||||||||||
Class
C |
1,000.00 | 1,047.40 | 1.25 | 6.36 | 1,000.00 | 1,018.65 | 1.25 | 6.27 | |||||||||||||||||||||||||||
Class
I |
1,000.00 | 1,051.90 | 0.25 | 1.28 | 1,000.00 | 1,023.62 | 0.25 | 1.26 | |||||||||||||||||||||||||||
Class
O |
1,000.00 | 1,050.90 | 0.50 | 2.55 | 1,000.00 | 1,022.38 | 0.50 | 2.51 | |||||||||||||||||||||||||||
Class
R |
1,000.00 | 1,048.70 | 0.75 | 3.82 | 1,000.00 | 1,021.13 | 0.75 | 3.77 | |||||||||||||||||||||||||||
Class
W |
1,000.00 | 1,052.40 | 0.25 | 1.28 | 1,000.00 | 1,023.62 | 0.25 | 1.26 | |||||||||||||||||||||||||||
ING
Emerging Countries Fund |
|||||||||||||||||||||||||||||||||||
Class
A |
1,000.00 | 1,022.70 | 1.85 | 9.30 | 1,000.00 | 1,015.66 | 1.85 | 9.27 | |||||||||||||||||||||||||||
Class
B |
1,000.00 | 1,018.60 | 2.60 | 13.05 | 1,000.00 | 1,011.93 | 2.60 | 13.01 | |||||||||||||||||||||||||||
Class
C |
1,000.00 | 1,019.00 | 2.60 | 13.05 | 1,000.00 | 1,011.93 | 2.60 | 13.01 | |||||||||||||||||||||||||||
Class
I |
1,000.00 | 1,024.10 | 1.50 | 7.55 | 1,000.00 | 1,017.40 | 1.50 | 7.52 | |||||||||||||||||||||||||||
Class
W |
1,000.00 | 1,023.80 | 1.60 | 8.05 | 1,000.00 | 1,016.91 | 1.60 | 8.02 |
* |
Expenses are equal to each Funds respective annualized expense ratios multiplied by the average account value over the period, multiplied by 182/366 to reflect the most recent fiscal half-year. | |
** |
The annualized expense ratios do not include expenses of underlying funds. |
Actual Fund Return |
Hypothetical (5% return before expenses) |
|
|||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Beginning Account Value November 1, 2011 |
Ending Account Value April 30, 2012 |
Annualized Expense Ratio |
Expenses Paid During the Period Ended April 30, 2012* |
Beginning Account Value November 1, 2011 |
Ending Account Value April 30, 2012 |
Annualized Expense Ratio |
Expenses Paid During the Period Ended April 30, 2012* |
||||||||||||||||||||||||||||
ING
Emerging Markets Equity Fund |
|||||||||||||||||||||||||||||||||||
Class
A |
$1,000.00 | $ | 1,063.00 | 1.50 | % | $ 7.69 | $1,000.00 | $ | 1,017.40 | 1.50 | % | $ 7.52 | |||||||||||||||||||||||
Class
C |
1,000.00 | 1,060.20 | 2.25 | 11.53 | 1,000.00 | 1,013.67 | 2.25 | 11.26 | |||||||||||||||||||||||||||
Class
I |
1,000.00 | 1,065.10 | 1.25 | 6.42 | 1,000.00 | 1,018.65 | 1.25 | 6.27 | |||||||||||||||||||||||||||
Class
R |
1,000.00 | 1,062.00 | 1.75 | 8.97 | 1,000.00 | 1,016.16 | 1.75 | 8.77 | |||||||||||||||||||||||||||
Class
W |
1,000.00 | 1,065.10 | 1.25 | 6.42 | 1,000.00 | 1,018.65 | 1.25 | 6.27 | |||||||||||||||||||||||||||
ING
Global Bond Fund |
|||||||||||||||||||||||||||||||||||
Class
A |
1,000.00 | 1,029.40 | 0.90 | 4.54 | 1,000.00 | 1,020.39 | 0.90 | 4.52 | |||||||||||||||||||||||||||
Class
B |
1,000.00 | 1,025.00 | 1.65 | 8.31 | 1,000.00 | 1,016.66 | 1.65 | 8.27 | |||||||||||||||||||||||||||
Class
C |
1,000.00 | 1,025.00 | 1.65 | 8.31 | 1,000.00 | 1,016.66 | 1.65 | 8.27 | |||||||||||||||||||||||||||
Class
I |
1,000.00 | 1,030.20 | 0.60 | 3.03 | 1,000.00 | 1,021.88 | 0.60 | 3.02 | |||||||||||||||||||||||||||
Class
O |
1,000.00 | 1,028.20 | 0.90 | 4.54 | 1,000.00 | 1,020.39 | 0.90 | 4.52 | |||||||||||||||||||||||||||
Class
R |
1,000.00 | 1,026.80 | 1.15 | 5.80 | 1,000.00 | 1,019.14 | 1.15 | 5.77 | |||||||||||||||||||||||||||
Class
W |
1,000.00 | 1,030.40 | 0.65 | 3.28 | 1,000.00 | 1,021.63 | 0.65 | 3.27 | |||||||||||||||||||||||||||
ING
Global Equity Dividend Fund |
|||||||||||||||||||||||||||||||||||
Class
A |
1,000.00 | 1,065.20 | 1.43 | 7.34 | 1,000.00 | 1,017.75 | 1.43 | 7.17 | |||||||||||||||||||||||||||
Class
B |
1,000.00 | 1,060.40 | 2.18 | 11.17 | 1,000.00 | 1,014.02 | 2.18 | 10.92 | |||||||||||||||||||||||||||
Class
C |
1,000.00 | 1,060.70 | 2.18 | 11.17 | 1,000.00 | 1,014.02 | 2.18 | 10.92 | |||||||||||||||||||||||||||
Class
I |
1,000.00 | 1,066.40 | 1.14 | 5.86 | 1,000.00 | 1,019.19 | 1.14 | 5.72 | |||||||||||||||||||||||||||
Class
O |
1,000.00 | 1,065.20 | 1.43 | 7.34 | 1,000.00 | 1,017.75 | 1.43 | 7.17 | |||||||||||||||||||||||||||
Class
W |
1,000.00 | 1,066.00 | 1.18 | 6.06 | 1,000.00 | 1,019.00 | 1.18 | 5.92 | |||||||||||||||||||||||||||
ING
Global Natural Resources Fund |
|||||||||||||||||||||||||||||||||||
Class
A |
1,000.00 | 977.00 | 1.52 | 7.47 | 1,000.00 | 1,017.30 | 1.52 | 7.62 | |||||||||||||||||||||||||||
Class
I |
1,000.00 | 978.40 | 1.21 | 5.95 | 1,000.00 | 1,018.85 | 1.21 | 6.07 | |||||||||||||||||||||||||||
Class
W |
1,000.00 | 977.80 | 1.27 | 6.25 | 1,000.00 | 1,018.55 | 1.27 | 6.37 | |||||||||||||||||||||||||||
ING
Global Opportunities Fund |
|||||||||||||||||||||||||||||||||||
Class
A |
1,000.00 | 1,062.80 | 1.50 | 7.69 | 1,000.00 | 1,017.40 | 1.50 | 7.52 | |||||||||||||||||||||||||||
Class
B |
1,000.00 | 1,059.40 | 2.25 | 11.52 | 1,000.00 | 1,013.67 | 2.25 | 11.26 | |||||||||||||||||||||||||||
Class
C |
1,000.00 | 1,059.40 | 2.25 | 11.52 | 1,000.00 | 1,013.67 | 2.25 | 11.26 | |||||||||||||||||||||||||||
Class
I |
1,000.00 | 1,065.20 | 1.05 | 5.39 | 1,000.00 | 1,019.64 | 1.05 | 5.27 | |||||||||||||||||||||||||||
Class
W |
1,000.00 | 1,065.00 | 1.25 | 6.42 | 1,000.00 | 1,018.65 | 1.25 | 6.27 | |||||||||||||||||||||||||||
ING
Global Real Estate Fund |
|||||||||||||||||||||||||||||||||||
Class
A |
1,000.00 | 1,091.20 | 1.33 | 6.92 | 1,000.00 | 1,018.25 | 1.33 | 6.67 | |||||||||||||||||||||||||||
Class
B |
1,000.00 | 1,086.50 | 2.08 | 10.79 | 1,000.00 | 1,014.52 | 2.08 | 10.42 | |||||||||||||||||||||||||||
Class
C |
1,000.00 | 1,087.10 | 2.08 | 10.79 | 1,000.00 | 1,014.52 | 2.08 | 10.42 | |||||||||||||||||||||||||||
Class
I |
1,000.00 | 1,092.30 | 1.00 | 5.20 | 1,000.00 | 1,019.89 | 1.00 | 5.02 | |||||||||||||||||||||||||||
Class
O |
1,000.00 | 1,091.20 | 1.33 | 6.92 | 1,000.00 | 1,018.25 | 1.33 | 6.67 | |||||||||||||||||||||||||||
Class
R |
1,000.00 | 1,089.30 | 1.58 | 8.21 | 1,000.00 | 1,017.01 | 1.58 | 7.92 | |||||||||||||||||||||||||||
Class
W |
1,000.00 | 1,092.30 | 1.08 | 5.62 | 1,000.00 | 1,019.49 | 1.08 | 5.42 |
* |
Expenses are equal to each Funds respective annualized expense ratios multiplied by the average account value over the period, multiplied by 182/366 to reflect the most recent fiscal half-year. |
Actual Fund Return |
Hypothetical (5% return before expenses) |
|
|||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Beginning Account Value November 1, 2011 |
Ending Account Value April 30, 2012 |
Annualized Expense Ratio |
Expenses Paid During the Period Ended April 30, 2012* |
Beginning Account Value November 1, 2011 |
Ending Account Value April 30, 2012 |
Annualized Expense Ratio |
Expenses Paid During the Period Ended April 30, 2012* |
||||||||||||||||||||||||||||
ING
Global Value Choice Fund |
|||||||||||||||||||||||||||||||||||
Class
A |
$1,000.00 | $ | 918.10 | 1.50 | % | $ 7.15 | $1,000.00 | $ | 1,017.40 | 1.50 | % | $ 7.52 | |||||||||||||||||||||||
Class
B |
1,000.00 | 914.80 | 2.25 | 10.71 | 1,000.00 | 1,013.67 | 2.25 | 11.26 | |||||||||||||||||||||||||||
Class
C |
1,000.00 | 914.90 | 2.25 | 10.71 | 1,000.00 | 1,013.67 | 2.25 | 11.26 | |||||||||||||||||||||||||||
Class
I |
1,000.00 | 919.40 | 1.21 | 5.77 | 1,000.00 | 1,018.85 | 1.21 | 6.07 | |||||||||||||||||||||||||||
Class
W |
1,000.00 | 919.40 | 1.25 | 5.97 | 1,000.00 | 1,018.65 | 1.25 | 6.27 | |||||||||||||||||||||||||||
ING
Greater China Fund |
|||||||||||||||||||||||||||||||||||
Class
A |
1,000.00 | 1,034.50 | 2.10 | 10.62 | 1,000.00 | 1,014.42 | 2.10 | 10.52 | |||||||||||||||||||||||||||
Class
B |
1,000.00 | 1,030.70 | 2.85 | 14.39 | 1,000.00 | 1,010.69 | 2.85 | 14.25 | |||||||||||||||||||||||||||
Class
C |
1,000.00 | 1,030.70 | 2.85 | 14.39 | 1,000.00 | 1,010.69 | 2.85 | 14.25 | |||||||||||||||||||||||||||
Class
I |
1,000.00 | 1,036.50 | 1.68 | 8.51 | 1,000.00 | 1,016.51 | 1.68 | 8.42 | |||||||||||||||||||||||||||
Class
O |
1,000.00 | 1,034.80 | 2.10 | 10.62 | 1,000.00 | 1,014.42 | 2.10 | 10.52 | |||||||||||||||||||||||||||
Class
W |
1,000.00 | 1,035.10 | 1.85 | 9.36 | 1,000.00 | 1,015.66 | 1.85 | 9.27 | |||||||||||||||||||||||||||
ING
Index Plus International Equity Fund |
|||||||||||||||||||||||||||||||||||
Class
A |
1,000.00 | 1,023.80 | 1.15 | 5.79 | 1,000.00 | 1,019.14 | 1.15 | 5.77 | |||||||||||||||||||||||||||
Class
B |
1,000.00 | 1,020.90 | 1.90 | 9.55 | 1,000.00 | 1,015.42 | 1.90 | 9.52 | |||||||||||||||||||||||||||
Class
C |
1,000.00 | 1,021.30 | 1.90 | 9.55 | 1,000.00 | 1,015.42 | 1.90 | 9.52 | |||||||||||||||||||||||||||
Class
I |
1,000.00 | 1,026.60 | 0.77 | 3.88 | 1,000.00 | 1,021.03 | 0.77 | 3.87 | |||||||||||||||||||||||||||
Class
O |
1,000.00 | 1,025.50 | 1.15 | 5.79 | 1,000.00 | 1,019.14 | 1.15 | 5.77 | |||||||||||||||||||||||||||
Class
W |
1,000.00 | 1,024.80 | 0.90 | 4.53 | 1,000.00 | 1,020.39 | 0.90 | 4.52 | |||||||||||||||||||||||||||
ING
International Core Fund |
|||||||||||||||||||||||||||||||||||
Class
I |
1,000.00 | 1,062.30 | 0.95 | 4.87 | 1,000.00 | 1,020.14 | 0.95 | 4.77 | |||||||||||||||||||||||||||
ING
International Growth Fund |
|||||||||||||||||||||||||||||||||||
Class
I |
1,000.00 | 1,067.10 | 0.99 | 5.09 | 1,000.00 | 1,019.94 | 0.99 | 4.97 | |||||||||||||||||||||||||||
ING
International Real Estate Fund |
|||||||||||||||||||||||||||||||||||
Class
A |
1,000.00 | 1,055.00 | 1.50 | 7.66 | 1,000.00 | 1,017.40 | 1.50 | 7.52 | |||||||||||||||||||||||||||
Class
B |
1,000.00 | 1,052.30 | 2.25 | 11.48 | 1,000.00 | 1,013.67 | 2.25 | 11.26 | |||||||||||||||||||||||||||
Class
C |
1,000.00 | 1,051.10 | 2.25 | 11.47 | 1,000.00 | 1,013.67 | 2.25 | 11.26 | |||||||||||||||||||||||||||
Class
I |
1,000.00 | 1,055.60 | 1.20 | 6.13 | 1,000.00 | 1,018.90 | 1.20 | 6.02 | |||||||||||||||||||||||||||
Class
W |
1,000.00 | 1,056.20 | 1.25 | 6.39 | 1,000.00 | 1,018.65 | 1.25 | 6.27 | |||||||||||||||||||||||||||
ING
International Small Cap Fund |
|||||||||||||||||||||||||||||||||||
Class
A |
1,000.00 | 1,084.30 | 1.69 | 8.76 | 1,000.00 | 1,016.46 | 1.69 | 8.47 | |||||||||||||||||||||||||||
Class
B |
1,000.00 | 1,081.00 | 2.34 | 12.11 | 1,000.00 | 1,013.23 | 2.34 | 11.71 | |||||||||||||||||||||||||||
Class
C |
1,000.00 | 1,080.90 | 2.34 | 12.11 | 1,000.00 | 1,013.23 | 2.34 | 11.71 | |||||||||||||||||||||||||||
Class
I |
1,000.00 | 1,086.80 | 1.26 | 6.54 | 1,000.00 | 1,018.60 | 1.26 | 6.32 | |||||||||||||||||||||||||||
Class
O |
1,000.00 | 1,085.00 | 1.59 | 8.24 | 1,000.00 | 1,016.96 | 1.59 | 7.97 | |||||||||||||||||||||||||||
Class
W |
1,000.00 | 1,086.20 | 1.34 | 6.95 | 1,000.00 | 1,018.20 | 1.34 | 6.72 | |||||||||||||||||||||||||||
ING
International Value Choice Fund |
|||||||||||||||||||||||||||||||||||
Class
A |
1,000.00 | 928.70 | 1.60 | 7.67 | 1,000.00 | 1,016.91 | 1.60 | 8.02 | |||||||||||||||||||||||||||
Class
B |
1,000.00 | 925.70 | 2.35 | 11.25 | 1,000.00 | 1,013.18 | 2.35 | 11.76 | |||||||||||||||||||||||||||
Class
C |
1,000.00 | 926.30 | 2.35 | 11.26 | 1,000.00 | 1,013.18 | 2.35 | 11.76 | |||||||||||||||||||||||||||
Class
I |
1,000.00 | 929.90 | 1.35 | 6.48 | 1,000.00 | 1,018.15 | 1.35 | 6.77 | |||||||||||||||||||||||||||
Class
W |
1,000.00 | 929.70 | 1.35 | 6.48 | 1,000.00 | 1,018.15 | 1.35 | 6.77 |
* |
Expenses are equal to each Funds respective annualized expense ratios multiplied by the average account value over the period, multiplied by 182/366 to reflect the most recent fiscal half-year. |
Actual Fund Return |
Hypothetical (5% return before expenses) |
|
|||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Beginning Account Value November 1, 2011 |
Ending Account Value April 30, 2012 |
Annualized Expense Ratio |
Expenses Paid During the Period Ended April 30, 2012* |
Beginning Account Value November 1, 2011 |
Ending Account Value April 30, 2012 |
Annualized Expense Ratio |
Expenses Paid During the Period Ended April 30, 2012* |
||||||||||||||||||||||||||||
ING
International Value Fund |
|||||||||||||||||||||||||||||||||||
Class
A |
$1,000.00 | $ | 997.40 | 1.63 | % | $ 8.09 | $1,000.00 | $ | 1,016.76 | 1.63 | % | $ 8.17 | |||||||||||||||||||||||
Class
B |
1,000.00 | 994.00 | 2.33 | 11.55 | 1,000.00 | 1,013.28 | 2.33 | 11.66 | |||||||||||||||||||||||||||
Class
C |
1,000.00 | 994.20 | 2.33 | 11.55 | 1,000.00 | 1,013.28 | 2.33 | 11.66 | |||||||||||||||||||||||||||
Class
I |
1,000.00 | 999.10 | 1.23 | 6.11 | 1,000.00 | 1,018.75 | 1.23 | 6.17 | |||||||||||||||||||||||||||
Class
W |
1,000.00 | 999.20 | 1.33 | 6.61 | 1,000.00 | 1,018.25 | 1.33 | 6.67 | |||||||||||||||||||||||||||
ING
Russia Fund |
|||||||||||||||||||||||||||||||||||
Class
A |
1,000.00 | 1,004.20 | 2.18 | 10.86 | 1,000.00 | 1,014.02 | 2.18 | 10.92 | |||||||||||||||||||||||||||
Class
I |
1,000.00 | 1,006.20 | 1.88 | 9.38 | 1,000.00 | 1,015.51 | 1.88 | 9.42 | |||||||||||||||||||||||||||
Class
W |
1,000.00 | 1,005.60 | 1.93 | 9.62 | 1,000.00 | 1,015.27 | 1.93 | 9.67 |
* |
Expenses are equal to each Funds respective annualized expense ratios multiplied by the average account value over the period, multiplied by 182/366 to reflect the most recent fiscal half-year. |
ING Diversified International Fund |
ING Emerging Countries Fund |
ING Emerging Markets Equity Fund |
ING Global Bond Fund |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASSETS: |
||||||||||||||||||
Investments in
securities at value+* |
$ | 5,063,130 | $ | 80,648,482 | $ | 89,651,517 | $ | 597,489,692 | ||||||||||
Investments in
affiliated underlying funds** |
107,815,841 | | | | ||||||||||||||
Short-term
investments at value*** |
| 2,063,440 | 3,473,684 | 24,295,613 | ||||||||||||||
Short-term
investments at amortized cost |
| | | 122,714,255 | ||||||||||||||
Cash |
12,232 | 75,061 | 1,414,334 | 947,004 | ||||||||||||||
Cash collateral
for futures |
| | | 4,777,235 | ||||||||||||||
Receivable for
derivatives collateral (Note 2) |
| | 64,000 | 22,070,000 | ||||||||||||||
Foreign
currencies at value***** |
| 165,602 | 554,169 | 1,724,011 | ||||||||||||||
Receivables: |
||||||||||||||||||
Investments
in affiliated underlying funds sold |
11,969,161 | | | | ||||||||||||||
Investments
securities sold |
| 629,430 | 6,461 | 7,289,766 | ||||||||||||||
Fund shares
sold |
175,682 | 43,903 | 9,431,364 | 29,528,427 | ||||||||||||||
Dividends |
| 211,182 | 248,426 | 668 | ||||||||||||||
Interest |
| 424 | | 7,311,993 | ||||||||||||||
Variation
margin |
| | 6,490 | | ||||||||||||||
Unrealized
appreciation on forward foreign currency contracts |
| | | 14,005,491 | ||||||||||||||
Upfront
payments paid on OTC swap agreements |
| | | 320,393 | ||||||||||||||
Unrealized
appreciation on OTC swap agreements |
| | | 2,082,863 | ||||||||||||||
Prepaid
expenses |
51,327 | 36,798 | 82,331 | 63,814 | ||||||||||||||
Reimbursement
due from manager |
7,215 | 2,413 | 24,527 | 15,783 | ||||||||||||||
Total
assets |
125,094,588 | 83,876,735 | 104,957,303 | 834,637,008 | ||||||||||||||
LIABILITIES: |
||||||||||||||||||
Payable for
investments in affiliated underlying funds purchased |
11,873,009 | | | | ||||||||||||||
Payable for
investment securities purchased |
| 345,106 | 6,481 | 28,195,402 | ||||||||||||||
Payable for
investment securities purchased on a delayed-delivery or when-issued basis |
| | | 1,820,432 | ||||||||||||||
Payable for
fund shares redeemed |
336,173 | 46,932 | 7,565,282 | 61,729,082 | ||||||||||||||
Payable for
foreign cash collateral for futures******* |
| | | 542,659 | ||||||||||||||
Payable upon
receipt of securities loaned |
| 2,063,440 | 3,473,684 | | ||||||||||||||
Unrealized
depreciation on forward foreign currency contracts |
| | | 14,729,043 | ||||||||||||||
Upfront
payments received on OTC swap agreements |
| | | 5,854,563 | ||||||||||||||
Unrealized
depreciation on OTC swap agreements |
| | | 14,425,738 | ||||||||||||||
Payable to
affiliates |
56,881 | 96,170 | 83,256 | 428,021 | ||||||||||||||
Payable for
trustee fees |
583 | 410 | 453 | 3,382 | ||||||||||||||
Payable for
derivatives collateral (Note 2) |
| | | 3,010,000 | ||||||||||||||
Other accrued
expenses and liabilities |
180,441 | 94,537 | 136,467 | 142,388 | ||||||||||||||
Written
options, at fair valueˆ |
| | | 733,398 | ||||||||||||||
Total
liabilities |
12,467,087 | 2,646,595 | 11,265,623 | 131,614,108 | ||||||||||||||
NET
ASSETS |
$ | 112,647,501 | $ | 81,230,140 | $ | 93,691,680 | $ | 703,022,900 | ||||||||||
NET ASSETS
WERE COMPRISED OF: |
||||||||||||||||||
Paid-in
capital |
$ | 270,582,140 | $ | 147,275,185 | $ | 82,018,337 | $ | 704,721,287 | ||||||||||
Undistributed
(distributions in excess of) net investment income / Accumulated net investment loss |
290,300 | (132,638 | ) | 295,484 | (3,006,703 | ) | ||||||||||||
Accumulated net
realized gain (loss) |
(162,323,842 | ) | (68,579,814 | ) | 1,574,535 | 671,360 | ||||||||||||
Net unrealized
appreciation |
4,098,903 | 2,667,407 | 9,803,324 | 636,956 | ||||||||||||||
NET
ASSETS |
$ | 112,647,501 | $ | 81,230,140 | $ | 93,691,680 | $ | 703,022,900 | ||||||||||
+ Including securities
loaned at value |
$ | | $ | 1,999,361 | $ | 3,359,384 | $ | | ||||||||||
* Cost of investments
in securities |
$ | 5,266,707 | $ | 77,980,786 | $ | 79,831,035 | $ | 584,885,762 | ||||||||||
** Cost of investments
in affiliated underlying funds |
$ | 103,513,362 | $ | | $ | | $ | | ||||||||||
*** Cost of short-term
investments |
$ | | $ | 2,063,440 | $ | 3,473,684 | $ | 24,112,619 | ||||||||||
***** Cost of foreign
currencies |
$ | | $ | 165,084 | $ | 572,041 | $ | 1,777,449 | ||||||||||
******* Cost of
payable for foreign cash collateral for futures |
$ | | $ | | $ | | $ | 542,659 | ||||||||||
ˆ Premiums received on written options |
$ | | $ | | $ | | $ | 1,498,799 |
ING Diversified International Fund |
ING Emerging Countries Fund |
ING Emerging Markets Equity Fund |
ING Global Bond Fund |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Class
A |
||||||||||||||||||
Net
assets |
$ | 53,339,158 | $ | 58,811,717 | $ | 150,403 | $ | 206,518,564 | ||||||||||
Shares
authorized |
unlimited | unlimited | unlimited | unlimited | ||||||||||||||
Par
value |
$ | | $ | | $ | | $ | | ||||||||||
Shares
outstanding |
5,964,784 | 2,327,821 | 13,235 | 17,851,697 | ||||||||||||||
Net asset value
and redemption price per share |
$ | 8.94 | $ | 25.26 | $ | 11.36 | $ | 11.57 | ||||||||||
Maximum
offering price per share (5.75%)(1) |
$ | 9.49 | $ | 26.80 | $ | 12.05 | $ | 11.87 | (2) | |||||||||
Class
B |
||||||||||||||||||
Net
assets |
$ | 9,013,607 | $ | 1,481,770 | $ | n/a | $ | 1,912,980 | ||||||||||
Shares
authorized |
unlimited | unlimited | n/a | unlimited | ||||||||||||||
Par
value |
$ | | $ | | $ | n/a | $ | | ||||||||||
Shares
outstanding |
1,007,558 | 60,252 | n/a | 166,942 | ||||||||||||||
Net asset value
and redemption price per share |
$ | 8.95 | $ | 24.59 | $ | n/a | $ | 11.46 | ||||||||||
Class
C |
||||||||||||||||||
Net
assets |
$ | 34,298,142 | $ | 10,171,168 | $ | 3,406 | $ | 102,977,438 | ||||||||||
Shares
authorized |
unlimited | unlimited | unlimited | unlimited | ||||||||||||||
Par
value |
$ | | $ | | $ | | $ | | ||||||||||
Shares
outstanding |
3,842,459 | 440,515 | 301 | 8,953,083 | ||||||||||||||
Net asset value
and redemption price per share |
$ | 8.93 | $ | 23.09 | $ | 11.32 | $ | 11.50 | ||||||||||
Class
I |
||||||||||||||||||
Net
assets |
$ | 10,995,533 | $ | 7,657,980 | $ | 91,562,581 | $ | 359,389,511 | ||||||||||
Shares
authorized |
unlimited | unlimited | unlimited | unlimited | ||||||||||||||
Par
value |
$ | | $ | | $ | | $ | | ||||||||||
Shares
outstanding |
1,234,416 | 300,182 | 8,046,162 | 31,163,846 | ||||||||||||||
Net asset value
and redemption price per share |
$ | 8.91 | $ | 25.51 | $ | 11.38 | $ | 11.53 | ||||||||||
Class
O |
||||||||||||||||||
Net
assets |
$ | 3,976,519 | $ | n/a | $ | n/a | $ | 4,124,900 | ||||||||||
Shares
authorized |
unlimited | n/a | n/a | unlimited | ||||||||||||||
Par
value |
$ | | $ | n/a | $ | n/a | $ | | ||||||||||
Shares
outstanding |
448,523 | n/a | n/a | 362,999 | ||||||||||||||
Net asset value
and redemption price per share |
$ | 8.87 | $ | n/a | $ | n/a | $ | 11.36 | ||||||||||
Class
R |
||||||||||||||||||
Net
assets |
$ | 102,428 | $ | n/a | $ | 3,416 | $ | 263,791 | ||||||||||
Shares
authorized |
unlimited | n/a | unlimited | unlimited | ||||||||||||||
Par
value |
$ | | $ | n/a | $ | | $ | | ||||||||||
Shares
outstanding |
11,591 | n/a | 301 | 22,833 | ||||||||||||||
Net asset value
and redemption price per share |
$ | 8.84 | $ | n/a | $ | 11.35 | $ | 11.55 | ||||||||||
Class
W |
||||||||||||||||||
Net
assets |
$ | 922,114 | $ | 3,107,505 | $ | 1,971,874 | $ | 27,835,716 | ||||||||||
Shares
authorized |
unlimited | unlimited | unlimited | unlimited | ||||||||||||||
Par
value |
$ | | $ | | $ | | $ | | ||||||||||
Shares
outstanding |
103,846 | 116,696 | 173,337 | 2,450,564 | ||||||||||||||
Net asset value
and redemption price per share |
$ | 8.88 | $ | 26.63 | $ | 11.38 | $ | 11.36 | ||||||||||
(1) | Maximum offering price is computed at 100/94.25 of net asset value. On purchases of $50,000 or more, the offering price is reduced. |
(2) | Maximum offering price is 2.50% and is computed at 100/97.50 of net asset value. On purchases of $100,000 or more, the offering price is reduced. |
| Redemption price per share may be reduced for any applicable contingent deferred sales charges. |
ING Global Equity Dividend Fund |
ING Global Natural Resources Fund |
ING Global Opportunities Fund |
ING Global Real Estate Fund |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASSETS: |
||||||||||||||||||
Investments in
securities at value+* |
$ | 74,337,035 | $ | 105,369,764 | $ | 56,250,580 | $ | 3,941,888,521 | ||||||||||
Short-term
investments at value*** |
1,132,312 | 1,179,000 | 1,602,110 | 78,680,581 | ||||||||||||||
Cash |
1,045,116 | 740 | 407,246 | | ||||||||||||||
Foreign
currencies at value***** |
1,425,757 | 24,678 | 573,444 | 2,255,066 | ||||||||||||||
Receivables: |
||||||||||||||||||
Investments
securities sold |
9,533 | 3,510,882 | 25,192 | 9,859,037 | ||||||||||||||
Fund shares
sold |
131,287 | 4,979 | 3,585 | 13,521,424 | ||||||||||||||
Dividends |
305,741 | 56,077 | 181,422 | 11,833,196 | ||||||||||||||
Foreign tax
reclaims |
67,357 | 481 | 57,566 | 90,291 | ||||||||||||||
Prepaid
expenses |
33,637 | 22,614 | 23,402 | 156,362 | ||||||||||||||
Reimbursement
due from manager |
9,012 | | 24,658 | | ||||||||||||||
Total
assets |
78,496,787 | 110,169,215 | 59,149,205 | 4,058,284,478 | ||||||||||||||
LIABILITIES: |
||||||||||||||||||
Payable for
investment securities purchased |
9,748 | 2,539,423 | 231,312 | 5,459,697 | ||||||||||||||
Payable for
fund shares redeemed |
236,486 | 125,980 | 452,465 | 14,051,278 | ||||||||||||||
Payable upon
receipt of securities loaned |
1,132,312 | | 1,602,110 | 24,619,816 | ||||||||||||||
Payable to
affiliates |
81,232 | 105,185 | 74,679 | 3,049,968 | ||||||||||||||
Payable for
trustee fees |
387 | 562 | 299 | 18,154 | ||||||||||||||
Other accrued
expenses and liabilities |
85,336 | 76,109 | 112,173 | 1,437,132 | ||||||||||||||
Total
liabilities |
1,545,501 | 2,847,259 | 2,473,038 | 48,636,045 | ||||||||||||||
NET
ASSETS |
$ | 76,951,286 | $ | 107,321,956 | $ | 56,676,167 | $ | 4,009,648,433 | ||||||||||
NET ASSETS
WERE COMPRISED OF: |
||||||||||||||||||
Paid-in
capital |
$ | 157,939,521 | $ | 111,745,103 | $ | 162,110,931 | $ | 4,067,038,647 | ||||||||||
Undistributed
(distributions in excess of) net investment income |
124,316 | (176,856 | ) | 50,941 | 31,676,224 | |||||||||||||
Accumulated net
realized loss |
(83,073,276 | ) | (15,834,226 | ) | (112,522,447 | ) | (935,359,933 | ) | ||||||||||
Net unrealized
appreciation |
1,960,725 | 11,587,935 | 7,036,742 | 846,293,495 | ||||||||||||||
NET
ASSETS |
$ | 76,951,286 | $ | 107,321,956 | $ | 56,676,167 | $ | 4,009,648,433 | ||||||||||
+ Including
securities loaned at value |
$ | 1,089,165 | $ | | $ | 1,536,024 | $ | 22,936,563 | ||||||||||
* Cost of
investments in securities |
$ | 72,375,869 | $ | 93,782,189 | $ | 49,216,098 | $ | 3,095,780,613 | ||||||||||
*** Cost of
short-term investments |
$ | 1,132,312 | $ | 1,179,000 | $ | 1,602,110 | $ | 78,680,581 | ||||||||||
***** Cost of
foreign currencies |
$ | 1,428,250 | $ | 24,416 | $ | 570,288 | $ | 2,255,778 |
ING Global Equity Dividend Fund |
ING Global Natural Resources Fund |
ING Global Opportunities Fund |
ING Global Real Estate Fund |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Class
A |
||||||||||||||||||
Net
assets |
$ | 32,687,199 | $ | 100,203,454 | $ | 27,204,072 | $ | 1,307,699,689 | ||||||||||
Shares
authorized |
unlimited | unlimited | unlimited | unlimited | ||||||||||||||
Par
value |
$ | | $ | | $ | | $ | | ||||||||||
Shares
outstanding |
3,084,712 | 10,939,798 | 1,937,523 | 76,870,115 | ||||||||||||||
Net asset value
and redemption price per share |
$ | 10.60 | $ | 9.16 | $ | 14.04 | $ | 17.01 | ||||||||||
Maximum
offering price per share (5.75%)(1) |
$ | 11.25 | $ | 9.72 | $ | 14.90 | $ | 18.05 | ||||||||||
Class
B |
||||||||||||||||||
Net
assets |
$ | 5,016,908 | $ | n/a | $ | 3,483,995 | $ | 13,863,478 | ||||||||||
Shares
authorized |
unlimited | n/a | unlimited | unlimited | ||||||||||||||
Par
value |
$ | | $ | n/a | $ | | $ | | ||||||||||
Shares
outstanding |
474,613 | n/a | 260,589 | 987,837 | ||||||||||||||
Net asset value
and redemption price per share |
$ | 10.57 | $ | n/a | $ | 13.37 | $ | 14.03 | ||||||||||
Class
C |
||||||||||||||||||
Net
assets |
$ | 20,679,275 | $ | n/a | $ | 22,473,043 | $ | 210,709,728 | ||||||||||
Shares
authorized |
unlimited | n/a | unlimited | unlimited | ||||||||||||||
Par
value |
$ | | $ | n/a | $ | | $ | | ||||||||||
Shares
outstanding |
1,962,746 | n/a | 1,680,672 | 14,144,595 | ||||||||||||||
Net asset value
and redemption price per share |
$ | 10.54 | $ | n/a | $ | 13.37 | $ | 14.90 | ||||||||||
Class
I |
||||||||||||||||||
Net
assets |
$ | 3,053,576 | $ | 5,101,254 | $ | 3,431,994 | $ | 2,167,016,449 | ||||||||||
Shares
authorized |
unlimited | unlimited | unlimited | unlimited | ||||||||||||||
Par
value |
$ | | $ | | $ | | $ | | ||||||||||
Shares
outstanding |
287,773 | 554,014 | 238,654 | 127,367,062 | ||||||||||||||
Net asset value
and redemption price per share |
$ | 10.61 | $ | 9.21 | $ | 14.38 | $ | 17.01 | ||||||||||
Class
O |
||||||||||||||||||
Net
assets |
$ | 13,944,276 | $ | n/a | $ | n/a | $ | 14,275,300 | ||||||||||
Shares
authorized |
unlimited | n/a | n/a | unlimited | ||||||||||||||
Par
value |
$ | | $ | n/a | $ | n/a | $ | | ||||||||||
Shares
outstanding |
1,318,376 | n/a | n/a | 839,117 | ||||||||||||||
Net asset value
and redemption price per share |
$ | 10.58 | $ | n/a | $ | n/a | $ | 17.01 | ||||||||||
Class
R |
||||||||||||||||||
Net
assets |
$ | n/a | $ | n/a | $ | n/a | $ | 194,379 | ||||||||||
Shares
authorized |
n/a | n/a | n/a | unlimited | ||||||||||||||
Par
value |
$ | n/a | $ | n/a | $ | n/a | $ | | ||||||||||
Shares
outstanding |
n/a | n/a | n/a | 11,445 | ||||||||||||||
Net asset value
and redemption price per share |
$ | n/a | $ | n/a | $ | n/a | $ | 16.98 | ||||||||||
Class
W |
||||||||||||||||||
Net
assets |
$ | 1,570,052 | $ | 2,017,248 | $ | 83,063 | $ | 295,889,410 | ||||||||||
Shares
authorized |
unlimited | unlimited | unlimited | unlimited | ||||||||||||||
Par
value |
$ | | $ | | $ | | $ | | ||||||||||
Shares
outstanding |
135,100 | 174,163 | 5,391 | 17,360,943 | ||||||||||||||
Net asset value
and redemption price per share |
$ | 11.62 | $ | 11.58 | $ | 15.41 | $ | 17.04 | ||||||||||
(1) | Maximum offering price is computed at 100/94.25 of net asset value. On purchases of $50,000 or more, the offering price is reduced. |
| Redemption price per share may be reduced for any applicable contingent deferred sales charges. |
ING Global Value Choice Fund |
ING Greater China Fund |
ING Index Plus International Equity Fund |
ING International Core Fund |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASSETS: |
||||||||||||||||||
Investments in
securities at value+* |
$ | 296,700,643 | $ | 31,609,521 | $ | 85,814,053 | $ | 336,607,424 | ||||||||||
Short-term
investments at value*** |
9,101,221 | | 2,376,549 | 6,011,371 | ||||||||||||||
Cash |
115,221 | 34,805 | | 639,115 | ||||||||||||||
Cash collateral
for futures |
| | 149,985 | | ||||||||||||||
Foreign
currencies at value***** |
481,292 | 5,805 | 70,246 | 141,551 | ||||||||||||||
Receivables: |
||||||||||||||||||
Investments
securities sold |
9,511,045 | 391,353 | 5,559,879 | 36,591,766 | ||||||||||||||
Fund shares
sold |
69,311 | 1,198 | 70,657 | 14,526,671 | ||||||||||||||
Dividends |
1,048,159 | 13,442 | 511,894 | 1,555,238 | ||||||||||||||
Foreign tax
reclaims |
| | 115,276 | 389,061 | ||||||||||||||
Unrealized
appreciation on forward foreign currency contracts |
| | | 319,948 | ||||||||||||||
Prepaid
expenses |
59,003 | 43,333 | 44,083 | 2,200 | ||||||||||||||
Reimbursement
due from manager |
| 5,363 | 9,813 | 13,076 | ||||||||||||||
Total
assets |
317,085,895 | 32,104,820 | 94,722,435 | 396,797,421 | ||||||||||||||
LIABILITIES: |
||||||||||||||||||
Payable for
investment securities purchased |
2,833,938 | 195,733 | 40,718 | 12,780,813 | ||||||||||||||
Payable for
fund shares redeemed |
5,107,882 | 100,261 | 7,200,212 | 44,396,225 | ||||||||||||||
Payable upon
receipt of securities loaned |
7,336,000 | | | | ||||||||||||||
Payable to
affiliates |
380,131 | 42,211 | 60,206 | 255,895 | ||||||||||||||
Payable to
custodian due to bank overdraft |
| | 174,394 | | ||||||||||||||
Payable for
trustee fees |
2,583 | 162 | 468 | 1,782 | ||||||||||||||
Other accrued
expenses and liabilities |
86,801 | 68,290 | 233,015 | 168,590 | ||||||||||||||
Total
liabilities |
15,747,335 | 406,657 | 7,709,013 | 57,603,305 | ||||||||||||||
NET
ASSETS |
$ | 301,338,560 | $ | 31,698,163 | $ | 87,013,422 | $ | 339,194,116 | ||||||||||
NET ASSETS
WERE COMPRISED OF: |
||||||||||||||||||
Paid-in
capital |
$ | 357,083,324 | $ | 29,785,583 | $ | 157,028,157 | $ | 359,532,528 | ||||||||||
Undistributed
net investment income/ accumulated net investment loss |
593,516 | (298,248 | ) | 1,210,730 | 1,846,392 | |||||||||||||
Accumulated net
realized loss |
(16,550,309 | ) | (1,913,863 | ) | (80,717,323 | ) | (30,368,030 | ) | ||||||||||
Net unrealized
appreciation (depreciation) |
(39,787,971 | ) | 4,124,691 | 9,491,858 | 8,183,226 | |||||||||||||
NET
ASSETS |
$ | 301,338,560 | $ | 31,698,163 | $ | 87,013,422 | $ | 339,194,116 | ||||||||||
+ Including
securities loaned at value |
$ | 7,032,505 | $ | | $ | | $ | | ||||||||||
* Cost of
investments in securities |
$ | 336,519,198 | $ | 27,485,362 | $ | 76,344,539 | $ | 328,764,318 | ||||||||||
*** Cost of
short-term investments |
$ | 9,101,221 | $ | | $ | 2,376,549 | $ | 6,011,371 | ||||||||||
***** Cost of
foreign currencies |
$ | 481,278 | $ | 5,792 | $ | 70,096 | $ | 141,551 |
ING Global Value Choice Fund |
ING Greater China Fund |
ING Index Plus International Equity Fund |
ING International Core Fund |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Class
A |
||||||||||||||||||
Net
assets |
$ | 131,779,211 | $ | 19,583,266 | $ | 7,283,068 | $ | n/a | ||||||||||
Shares
authorized |
unlimited | unlimited | unlimited | n/a | ||||||||||||||
Par
value |
$ | | $ | | $ | | $ | n/a | ||||||||||
Shares
outstanding |
5,010,667 | 1,334,013 | 939,228 | n/a | ||||||||||||||
Net asset value
and redemption price per share |
$ | 26.30 | $ | 14.68 | $ | 7.75 | $ | n/a | ||||||||||
Maximum
offering price per share (5.75%)(1) |
$ | 27.90 | $ | 15.58 | $ | 8.22 | $ | n/a | ||||||||||
Class
B |
||||||||||||||||||
Net
assets |
$ | 4,349,128 | $ | 1,717,325 | $ | 319,630 | $ | n/a | ||||||||||
Shares
authorized |
unlimited | unlimited | unlimited | n/a | ||||||||||||||
Par
value |
$ | | $ | | $ | | $ | n/a | ||||||||||
Shares
outstanding |
153,260 | 119,125 | 40,738 | n/a | ||||||||||||||
Net asset value
and redemption price per share |
$ | 28.38 | $ | 14.42 | $ | 7.85 | $ | n/a | ||||||||||
Class
C |
||||||||||||||||||
Net
assets |
$ | 85,014,508 | $ | 3,314,725 | $ | 1,050,236 | $ | n/a | ||||||||||
Shares
authorized |
unlimited | unlimited | unlimited | n/a | ||||||||||||||
Par
value |
$ | | $ | | $ | | $ | n/a | ||||||||||
Shares
outstanding |
3,452,304 | 229,883 | 135,569 | n/a | ||||||||||||||
Net asset value
and redemption price per share |
$ | 24.63 | $ | 14.42 | $ | 7.75 | $ | n/a | ||||||||||
Class
I |
||||||||||||||||||
Net
assets |
$ | 63,206,704 | $ | 2,551,624 | $ | 40,782,485 | $ | 339,194,116 | ||||||||||
Shares
authorized |
unlimited | unlimited | unlimited | unlimited | ||||||||||||||
Par
value |
$ | | $ | | $ | | $ | | ||||||||||
Shares
outstanding |
2,381,491 | 172,997 | 5,255,518 | 36,520,423 | ||||||||||||||
Net asset value
and redemption price per share |
$ | 26.54 | $ | 14.75 | $ | 7.76 | $ | 9.29 | ||||||||||
Class
O |
||||||||||||||||||
Net
assets |
$ | n/a | $ | 4,528,373 | $ | 37,575,074 | $ | n/a | ||||||||||
Shares
authorized |
n/a | unlimited | unlimited | n/a | ||||||||||||||
Par
value |
$ | n/a | $ | | $ | | $ | n/a | ||||||||||
Shares
outstanding |
n/a | 311,077 | 4,882,440 | n/a | ||||||||||||||
Net asset value
and redemption price per share |
$ | n/a | $ | 14.56 | $ | 7.70 | $ | n/a | ||||||||||
Class
W |
||||||||||||||||||
Net
assets |
$ | 16,989,009 | $ | 2,850 | $ | 2,929 | $ | n/a | ||||||||||
Shares
authorized |
unlimited | unlimited | unlimited | n/a | ||||||||||||||
Par
value |
$ | | $ | | $ | | $ | n/a | ||||||||||
Shares
outstanding |
640,831 | 193 | 378 | n/a | ||||||||||||||
Net asset value
and redemption price per share |
$ | 26.51 | $ | 14.73 | $ | 7.74 | $ | n/a | ||||||||||
(1) | Maximum offering price is computed at 100/94.25 of net asset value. On purchases of $50,000 or more, the offering price is reduced. |
| Redemption price per share may be reduced for any applicable contingent deferred sales charges. |
ING International Growth Fund |
ING International Real Estate Fund |
ING International Small Cap Fund |
ING International Value Choice Fund |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASSETS: |
||||||||||||||||||
Investments in
securities at value+* |
$ | 144,973,062 | $ | 460,845,304 | $ | 259,394,298 | $ | 26,120,223 | ||||||||||
Short-term
investments at value*** |
3,710,508 | | 1,890,747 | 423,849 | ||||||||||||||
Cash |
7,787,260 | 3,804,897 | 2,890,390 | | ||||||||||||||
Foreign
currencies at value***** |
534 | 299,865 | 948,297 | 34,698 | ||||||||||||||
Receivables: |
||||||||||||||||||
Investments
securities sold |
3,956,928 | 13,877,521 | 8,902,617 | 247,908 | ||||||||||||||
Fund shares
sold |
1,764,209 | 356,859 | 78,660 | 122,386 | ||||||||||||||
Dividends |
479,422 | 2,567,402 | 1,178,113 | 112,233 | ||||||||||||||
Interest |
| 50 | | | ||||||||||||||
Foreign tax
reclaims |
159,074 | 26,454 | 192,743 | 22,625 | ||||||||||||||
Prepaid
expenses |
16,607 | 44,068 | 56,495 | 40,271 | ||||||||||||||
Reimbursement
due from manager |
2,092 | | | 1,487 | ||||||||||||||
Total
assets |
162,849,696 | 481,822,420 | 275,532,360 | 27,125,680 | ||||||||||||||
LIABILITIES: |
||||||||||||||||||
Payable for
investment securities purchased |
1,430,439 | 960,655 | 4,138,942 | 57,612 | ||||||||||||||
Payable for
fund shares redeemed |
15,074,667 | 6,178,859 | 6,622,754 | 31,352 | ||||||||||||||
Payable upon
receipt of securities loaned |
2,772,080 | | 741,188 | | ||||||||||||||
Payable to
affiliates |
108,367 | 459,873 | 338,867 | 27,273 | ||||||||||||||
Payable for
trustee fees |
761 | 2,317 | 1,364 | 142 | ||||||||||||||
Other accrued
expenses and liabilities |
133,968 | 290,030 | 193,111 | 42,699 | ||||||||||||||
Total
liabilities |
19,520,282 | 7,891,734 | 12,036,226 | 159,078 | ||||||||||||||
NET
ASSETS |
$ | 143,329,414 | $ | 473,930,686 | $ | 263,496,134 | $ | 26,966,602 | ||||||||||
NET ASSETS
WERE COMPRISED OF: |
||||||||||||||||||
Paid-in
capital |
$ | 147,420,048 | $ | 743,561,353 | $ | 525,831,122 | $ | 46,527,802 | ||||||||||
Undistributed
(distributions in excess of) net investment income |
1,419,912 | 1,215,122 | (58,952 | ) | 127,613 | |||||||||||||
Accumulated net
realized loss |
(4,310,838 | ) | (342,446,068 | ) | (282,848,960 | ) | (15,852,448 | ) | ||||||||||
Net unrealized
appreciation (depreciation) |
(1,199,708 | ) | 71,600,279 | 20,572,924 | (3,836,365 | ) | ||||||||||||
NET
ASSETS |
$ | 143,329,414 | $ | 473,930,686 | $ | 263,496,134 | $ | 26,966,602 | ||||||||||
+ Including
securities loaned at value |
$ | 2,640,845 | $ | | $ | 683,603 | $ | | ||||||||||
* Cost of
investments in securities |
$ | 146,174,950 | $ | 389,279,484 | $ | 238,846,461 | $ | 29,958,043 | ||||||||||
*** Cost of
short-term investments |
$ | 3,710,508 | $ | | $ | 1,890,747 | $ | 423,849 | ||||||||||
***** Cost of
foreign currencies |
$ | 4,520 | $ | 299,720 | $ | 934,884 | $ | 34,662 |
ING International Growth Fund |
ING International Real Estate Fund |
ING International Small Cap Fund |
ING International Value Choice Fund |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Class
A |
||||||||||||||||||
Net
assets |
$ | n/a | $ | 177,122,801 | $ | 94,763,923 | $ | 18,274,304 | ||||||||||
Shares
authorized |
n/a | unlimited | unlimited | unlimited | ||||||||||||||
Par
value |
$ | n/a | $ | | $ | | $ | | ||||||||||
Shares
outstanding |
n/a | 21,708,499 | 2,513,919 | 2,001,593 | ||||||||||||||
Net asset value
and redemption price per share |
$ | n/a | $ | 8.16 | $ | 37.70 | $ | 9.13 | ||||||||||
Maximum
offering price per share (5.75%)(1) |
$ | n/a | $ | 8.66 | $ | 40.00 | $ | 9.69 | ||||||||||
Class
B |
||||||||||||||||||
Net
assets |
$ | n/a | $ | 1,728,805 | $ | 2,227,542 | $ | 409,888 | ||||||||||
Shares
authorized |
n/a | unlimited | unlimited | unlimited | ||||||||||||||
Par
value |
$ | n/a | $ | | $ | | $ | | ||||||||||
Shares
outstanding |
n/a | 212,493 | 55,816 | 45,228 | ||||||||||||||
Net asset value
and redemption price per share |
$ | n/a | $ | 8.14 | $ | 39.91 | $ | 9.06 | ||||||||||
Class
C |
||||||||||||||||||
Net
assets |
$ | n/a | $ | 16,646,916 | $ | 23,039,356 | $ | 3,736,648 | ||||||||||
Shares
authorized |
n/a | unlimited | unlimited | unlimited | ||||||||||||||
Par
value |
$ | n/a | $ | | $ | | $ | | ||||||||||
Shares
outstanding |
n/a | 2,047,626 | 654,589 | 413,509 | ||||||||||||||
Net asset value
and redemption price per share |
$ | n/a | $ | 8.13 | $ | 35.20 | $ | 9.04 | ||||||||||
Class
I |
||||||||||||||||||
Net
assets |
$ | 143,329,414 | $ | 267,689,302 | $ | 108,165,273 | $ | 2,572,689 | ||||||||||
Shares
authorized |
unlimited | unlimited | unlimited | unlimited | ||||||||||||||
Par
value |
$ | | $ | | $ | | $ | | ||||||||||
Shares
outstanding |
14,766,797 | 32,785,767 | 2,871,981 | 282,028 | ||||||||||||||
Net asset value
and redemption price per share |
$ | 9.71 | $ | 8.16 | $ | 37.66 | $ | 9.12 | ||||||||||
Class
O |
||||||||||||||||||
Net
assets |
$ | n/a | $ | n/a | $ | 1,681,125 | $ | n/a | ||||||||||
Shares
authorized |
n/a | n/a | unlimited | n/a | ||||||||||||||
Par
value |
$ | n/a | $ | n/a | $ | | $ | n/a | ||||||||||
Shares
outstanding |
n/a | n/a | 45,013 | n/a | ||||||||||||||
Net asset value
and redemption price per share |
$ | n/a | $ | n/a | $ | 37.35 | $ | n/a | ||||||||||
Class
W |
||||||||||||||||||
Net
assets |
$ | n/a | $ | 10,742,862 | $ | 33,618,915 | $ | 1,973,073 | ||||||||||
Shares
authorized |
n/a | unlimited | unlimited | unlimited | ||||||||||||||
Par
value |
$ | n/a | $ | | $ | | $ | | ||||||||||
Shares
outstanding |
n/a | 1,311,787 | 750,891 | 216,319 | ||||||||||||||
Net asset value
and redemption price per share |
$ | n/a | $ | 8.19 | $ | 44.77 | $ | 9.12 |
(1) | Maximum offering price is computed at 100/94.25 of net asset value. On purchases of $50,000 or more, the offering price is reduced. |
| Redemption price per share may be reduced for any applicable contingent deferred sales charges. |
ING International Value Fund |
ING Russia Fund |
|||||||||
---|---|---|---|---|---|---|---|---|---|---|
ASSETS: |
||||||||||
Investments in
securities at value+* |
$ | 550,901,487 | $ | 295,926,704 | ||||||
Short-term
investments at value*** |
1,230,304 | 3,579,863 | ||||||||
Cash |
2,828,233 | 2,940,924 | ||||||||
Foreign
currencies at value***** |
807,019 | 666,222 | ||||||||
Receivables: |
||||||||||
Investments
securities sold |
4,166,598 | 414,961 | ||||||||
Fund shares
sold |
847,980 | 87,127 | ||||||||
Dividends |
4,848,788 | 347,642 | ||||||||
Foreign tax
reclaims |
2,371,573 | | ||||||||
Prepaid
expenses |
49,721 | 26,978 | ||||||||
Total
assets |
568,051,703 | 303,990,421 | ||||||||
LIABILITIES: |
||||||||||
Payable for
investment securities purchased |
169,327 | | ||||||||
Payable for
fund shares redeemed |
655,682 | 602,780 | ||||||||
Payable upon
receipt of securities loaned |
1,163,203 | 3,579,863 | ||||||||
Payable to
affiliates |
693,658 | 399,009 | ||||||||
Payable for
trustee fees |
3,136 | 1,448 | ||||||||
Other accrued
expenses and liabilities |
584,333 | 507,796 | ||||||||
Total
liabilities |
3,269,339 | 5,090,896 | ||||||||
NET
ASSETS |
$ | 564,782,364 | $ | 298,899,525 | ||||||
NET ASSETS
WERE COMPRISED OF: |
||||||||||
Paid-in
capital |
$ | 1,557,388,761 | $ | 326,137,929 | ||||||
Undistributed
net investment income/ accumulated net investment loss |
2,953,215 | (2,476,376 | ) | |||||||
Accumulated net
realized loss |
(943,316,643 | ) | (98,703,882 | ) | ||||||
Net unrealized
appreciation (depreciation) |
(52,242,969 | ) | 73,941,854 | |||||||
NET
ASSETS |
$ | 564,782,364 | $ | 298,899,525 | ||||||
+ Including
securities loaned at value |
$ | 1,107,006 | $ | 3,421,824 | ||||||
* Cost of
investments in securities |
$ | 603,391,460 | $ | 222,011,774 | ||||||
*** Cost of
short-term investments |
$ | 1,230,304 | $ | 3,579,863 | ||||||
***** Cost of
foreign currencies |
$ | 804,036 | $ | 639,328 |
ING International Value Fund |
ING Russia Fund |
|||||||||
---|---|---|---|---|---|---|---|---|---|---|
Class
A |
||||||||||
Net
assets |
$ | 231,858,204 | $ | 285,505,264 | ||||||
Shares
authorized |
unlimited | unlimited | ||||||||
Par
value |
$ | 0.010 | $ | | ||||||
Shares
outstanding |
22,601,350 | 8,483,093 | ||||||||
Net asset value
and redemption price per share |
$ | 10.26 | $ | 33.66 | ||||||
Maximum
offering price per share (5.75%)(1) |
$ | 10.89 | $ | 35.71 | ||||||
Class
B |
||||||||||
Net
assets |
$ | 941,038 | $ | n/a | ||||||
Shares
authorized |
unlimited | n/a | ||||||||
Par
value |
$ | 0.010 | $ | n/a | ||||||
Shares
outstanding |
90,738 | n/a | ||||||||
Net asset value
and redemption price per share |
$ | 10.37 | $ | n/a | ||||||
Class
C |
||||||||||
Net
assets |
$ | 116,925,934 | $ | n/a | ||||||
Shares
authorized |
unlimited | n/a | ||||||||
Par
value |
$ | 0.010 | $ | n/a | ||||||
Shares
outstanding |
11,738,280 | n/a | ||||||||
Net asset value
and redemption price per share |
$ | 9.96 | $ | n/a | ||||||
Class
I |
||||||||||
Net
assets |
$ | 214,774,204 | $ | 13,387,298 | ||||||
Shares
authorized |
unlimited | unlimited | ||||||||
Par
value |
$ | 0.010 | $ | | ||||||
Shares
outstanding |
21,029,868 | 393,694 | ||||||||
Net asset value
and redemption price per share |
$ | 10.21 | $ | 34.00 | ||||||
Class
W |
||||||||||
Net
assets |
$ | 282,984 | $ | 6,963 | ||||||
Shares
authorized |
unlimited | unlimited | ||||||||
Par
value |
$ | 0.010 | $ | | ||||||
Shares
outstanding |
27,698 | 205 | ||||||||
Net asset value
and redemption price per share |
$ | 10.22 | $ | 33.93 | ||||||
(1) | Maximum offering price is computed at 100/94.25 of net asset value. On purchases of $50,000 or more, the offering price is reduced. |
| Redemption price per share may be reduced for any applicable contingent deferred sales charges. |
ING Diversified International Fund |
ING Emerging Countries Fund |
ING Emerging Markets Equity Fund |
ING Global Bond Fund |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
INVESTMENT
INCOME: |
||||||||||||||||||
Dividends from
affiliated underlying funds |
$ | 1,796,118 | $ | | $ | | $ | | ||||||||||
Dividends, net
of foreign taxes withheld* |
| 635,117 | 878,828 | 5,436 | ||||||||||||||
Interest, net
of foreign taxes withheld* |
| | 54 | 14,101,982 | ||||||||||||||
Securities
lending income, net |
| 7,715 | 5,659 | | ||||||||||||||
Total
investment income |
1,796,118 | 642,832 | 884,541 | 14,107,418 | ||||||||||||||
EXPENSES: |
||||||||||||||||||
Investment
management fees |
| 407,891 | 450,992 | 1,345,247 | ||||||||||||||
Distribution
and service fees: |
||||||||||||||||||
Class
A |
69,682 | 102,811 | 67 | 269,492 | ||||||||||||||
Class
B |
46,572 | 8,001 | | 9,728 | ||||||||||||||
Class
C |
176,647 | 50,132 | 16 | 472,413 | ||||||||||||||
Class
O |
4,550 | | | 5,006 | ||||||||||||||
Class
R |
287 | | 7 | 106 | ||||||||||||||
Transfer agent
fees: |
||||||||||||||||||
Class
A |
58,512 | 49,346 | 10 | 80,961 | ||||||||||||||
Class
B |
9,912 | 1,343 | | 733 | ||||||||||||||
Class
C |
37,736 | 8,423 | 2 | 35,481 | ||||||||||||||
Class
I |
11,950 | 3,454 | 4,634 | 33,436 | ||||||||||||||
Class
O |
4,300 | | | 1,503 | ||||||||||||||
Class
R |
112 | | 2 | 27 | ||||||||||||||
Class
W |
1,021 | 2,883 | 35 | 8,908 | ||||||||||||||
Administrative
service fees |
58,064 | 40,788 | 45,099 | 336,309 | ||||||||||||||
Shareholder
reporting expense |
1,830 | 11,084 | 20,930 | 30,030 | ||||||||||||||
Registration
fees |
52,988 | 37,395 | 41,060 | 78,748 | ||||||||||||||
Professional
fees |
15,096 | 21,718 | 23,475 | 43,649 | ||||||||||||||
Custody and
accounting expense |
13,170 | 53,858 | 79,807 | 109,764 | ||||||||||||||
Trustee
fees |
1,752 | 1,230 | 1,360 | 10,145 | ||||||||||||||
Offering
expense |
| | 39,661 | | ||||||||||||||
Miscellaneous
expense |
7,363 | 6,682 | 7,467 | 16,692 | ||||||||||||||
Interest
expense |
82 | | | 1,112 | ||||||||||||||
Total
expenses |
571,626 | 807,039 | 714,624 | 2,889,490 | ||||||||||||||
Net waived
and reimbursed fees |
(129,289 | ) | (31,788 | ) | (149,959 | ) | (29,285 | ) | ||||||||||
Net
expenses |
442,337 | 775,251 | 564,665 | 2,860,205 | ||||||||||||||
Net investment
income (loss) |
1,353,781 | (132,419 | ) | 319,876 | 11,247,213 | |||||||||||||
REALIZED AND
UNREALIZED GAIN (LOSS): |
||||||||||||||||||
Net realized
gain (loss) on: |
||||||||||||||||||
Investments |
| 12,488,069 | 1,608,099 | 7,627,535 | ||||||||||||||
Capital gain
distributions from affiliated underlying funds |
180,357 | | | | ||||||||||||||
Foreign
currency related transactions |
| (333,361 | ) | (14,406 | ) | (5,856,218 | ) | |||||||||||
Futures |
| | 352,686 | 3,105,385 | ||||||||||||||
Swaps |
| | | (4,543,371 | ) | |||||||||||||
Sale of
affiliated underlying funds |
819,111 | | | | ||||||||||||||
Written
options |
| | | 2,145,718 | ||||||||||||||
Net realized
gain |
999,468 | 12,154,708 | 1,946,379 | 2,479,049 | ||||||||||||||
Net change in
unrealized appreciation (depreciation) on: |
||||||||||||||||||
Investments |
| (10,599,236 | ) | 3,965,930 | 7,436,725 | |||||||||||||
Affiliated
underlying funds |
2,898,898 | | | | ||||||||||||||
Foreign
currency related transactions |
| 4,155 | (32,287 | ) | (163,393 | ) | ||||||||||||
Futures |
| | (419,148 | ) | (396,273 | ) | ||||||||||||
Swaps |
| | | (2,050,266 | ) | |||||||||||||
Written
options |
| | | 494,242 | ||||||||||||||
Net change in
unrealized appreciation (depreciation) |
2,898,898 | (10,595,081 | ) | 3,514,495 | 5,321,035 | |||||||||||||
Net realized
and unrealized gain |
3,898,366 | 1,559,627 | 5,460,874 | 7,800,084 | ||||||||||||||
Increase in
net assets resulting from operations |
$ | 5,252,147 | $ | 1,427,208 | $ | 5,780,750 | $ | 19,047,297 | ||||||||||
* Foreign
taxes withheld |
$ | | $ | 32,081 | $ | 57,799 | $ | 3,724 |
ING Global Equity Dividend Fund |
ING Global Natural Resources Fund |
ING Global Opportunities Fund |
ING Global Real Estate Fund |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
INVESTMENT
INCOME: |
||||||||||||||||||
Dividends, net
of foreign taxes withheld* |
$ | 1,291,501 | $ | 822,087 | $ | 558,242 | $ | 51,064,099 | ||||||||||
Interest |
1,583 | | | | ||||||||||||||
Securities
lending income, net |
12,262 | | 32,291 | 95,655 | ||||||||||||||
Total
investment income |
1,305,346 | 822,087 | 590,533 | 51,159,754 | ||||||||||||||
EXPENSES: |
||||||||||||||||||
Investment
management fees |
270,088 | 480,710 | 267,279 | 12,855,614 | ||||||||||||||
Distribution
and service fees: |
||||||||||||||||||
Class
A |
40,607 | 130,331 | 35,197 | 1,533,123 | ||||||||||||||
Class
B |
27,192 | | 19,963 | 68,836 | ||||||||||||||
Class
C |
104,996 | | 116,875 | 1,002,064 | ||||||||||||||
Class
O |
16,857 | | | 16,852 | ||||||||||||||
Class
R |
| | | 161 | ||||||||||||||
Transfer agent
fees: |
||||||||||||||||||
Class
A |
24,445 | 92,937 | 31,879 | 1,067,101 | ||||||||||||||
Class
B |
4,059 | | 4,397 | 11,978 | ||||||||||||||
Class
C |
15,773 | | 26,368 | 174,366 | ||||||||||||||
Class
I |
1,681 | 5,856 | 1,774 | 949,578 | ||||||||||||||
Class
O |
10,181 | | | 11,730 | ||||||||||||||
Class
R |
| | | 56 | ||||||||||||||
Class
W |
1,192 | 1,870 | 93 | 233,061 | ||||||||||||||
Administrative
service fees |
38,583 | 55,806 | 29,697 | 1,805,409 | ||||||||||||||
Shareholder
reporting expense |
8,970 | 8,190 | 3,405 | 339,347 | ||||||||||||||
Registration
fees |
43,062 | 26,827 | 37,260 | 197,909 | ||||||||||||||
Professional
fees |
9,113 | 8,190 | 6,113 | 270,951 | ||||||||||||||
Custody and
accounting expense |
18,894 | 23,114 | 6,125 | 646,534 | ||||||||||||||
Trustee
fees |
1,164 | 1,683 | 896 | 54,461 | ||||||||||||||
Miscellaneous
expense |
5,658 | 3,619 | 2,840 | 87,693 | ||||||||||||||
Interest
expense |
12,727 | | 219 | | ||||||||||||||
Total
expenses |
655,242 | 839,133 | 590,380 | 21,326,824 | ||||||||||||||
Net waived
and reimbursed fees |
(9,766 | ) | | (50,565 | ) | | ||||||||||||
Net
expenses |
645,476 | 839,133 | 539,815 | 21,326,824 | ||||||||||||||
Net investment
income (loss) |
659,870 | (17,046 | ) | 50,718 | 29,832,930 | |||||||||||||
REALIZED AND
UNREALIZED GAIN (LOSS): |
||||||||||||||||||
Net realized
gain (loss) on: |
||||||||||||||||||
Investments |
776,276 | 719,534 | 550,902 | 16,455,799 | ||||||||||||||
Foreign
currency related transactions |
(52,926 | ) | 4,076 | (19,796 | ) | 21,620 | ||||||||||||
Net realized
gain |
723,350 | 723,610 | 531,106 | 16,477,419 | ||||||||||||||
Net change in
unrealized appreciation (depreciation) on: |
||||||||||||||||||
Investments |
3,360,359 | (3,326,901 | ) | 2,830,424 | 288,970,835 | |||||||||||||
Foreign
currency related transactions |
(21,698 | ) | (4,490 | ) | 4,552 | 207,269 | ||||||||||||
Net change in
unrealized appreciation (depreciation) |
3,338,661 | (3,331,391 | ) | 2,834,976 | 289,178,104 | |||||||||||||
Net realized
and unrealized gain (loss) |
4,062,011 | (2,607,781 | ) | 3,366,082 | 305,655,523 | |||||||||||||
Increase
(decrease) in net assets resulting from operations |
$ | 4,721,881 | $ | (2,624,827 | ) | $ | 3,416,800 | $ | 335,488,453 | |||||||||
* Foreign
taxes withheld |
$ | 72,059 | $ | 25,330 | $ | 55,795 | $ | 2,686,331 |
ING Global Value Choice Fund |
ING Greater China Fund |
ING Index Plus International Equity Fund |
ING International Core Fund |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
INVESTMENT
INCOME: |
||||||||||||||||||
Dividends, net
of foreign taxes withheld* |
$ | 5,076,222 | $ | 55,812 | $ | 1,870,476 | $ | 4,171,728 | ||||||||||
Interest |
| | 407 | | ||||||||||||||
Securities
lending income, net |
52,730 | | | | ||||||||||||||
Total
investment income |
5,128,952 | 55,812 | 1,870,883 | 4,171,728 | ||||||||||||||
EXPENSES: |
||||||||||||||||||
Investment
management fees |
2,285,892 | 185,505 | 256,212 | 1,329,269 | ||||||||||||||
Distribution
and service fees: |
||||||||||||||||||
Class
A |
242,841 | 25,085 | 8,924 | | ||||||||||||||
Class
B |
25,237 | 8,624 | 1,731 | | ||||||||||||||
Class
C |
594,624 | 17,550 | 4,801 | | ||||||||||||||
Class
O |
| 5,705 | 46,846 | | ||||||||||||||
Transfer agent
fees: |
||||||||||||||||||
Class
A |
129,045 | 35,589 | 5,262 | | ||||||||||||||
Class
B |
3,391 | 3,058 | 255 | | ||||||||||||||
Class
C |
79,375 | 6,225 | 709 | | ||||||||||||||
Class
I |
57,022 | 2,217 | 5,092 | 551 | ||||||||||||||
Class
O |
| 8,093 | 27,622 | | ||||||||||||||
Class
W |
15,132 | 5 | 3 | | ||||||||||||||
Administrative
service fees |
256,887 | 16,131 | 46,583 | 177,233 | ||||||||||||||
Shareholder
reporting expense |
44,120 | 8,498 | 26,721 | 25,137 | ||||||||||||||
Registration
fees |
68,422 | 44,741 | 46,641 | 38,892 | ||||||||||||||
Professional
fees |
38,215 | 4,543 | 12,701 | 23,604 | ||||||||||||||
Custody and
accounting expense |
225,730 | 33,117 | 138,026 | 168,637 | ||||||||||||||
Trustee
fees |
7,749 | 487 | 1,406 | 5,346 | ||||||||||||||
Offering
expense |
| | | 18,540 | ||||||||||||||
Miscellaneous
expense |
2,742 | 5,132 | 8,045 | 9,541 | ||||||||||||||
Interest
expense |
13,062 | 22 | | | ||||||||||||||
Total
expenses |
4,089,486 | 410,327 | 637,580 | 1,796,750 | ||||||||||||||
Net waived
and reimbursed fees |
(46,036 | ) | (56,729 | ) | (187,931 | ) | (110,289 | ) | ||||||||||
Brokerage
commission recapture |
(98,055 | ) | | | (8,151 | ) | ||||||||||||
Net
expenses |
3,945,395 | 353,598 | 449,649 | 1,678,310 | ||||||||||||||
Net investment
income (loss) |
1,183,557 | (297,786 | ) | 1,421,234 | 2,493,418 | |||||||||||||
REALIZED AND
UNREALIZED GAIN (LOSS): |
||||||||||||||||||
Net realized
gain (loss) on: |
||||||||||||||||||
Investments |
(11,449,040 | ) | (654,646 | ) | (2,235,674 | ) | (9,503,130 | ) | ||||||||||
Foreign
currency related transactions |
(58,976 | ) | (7,145 | ) | (49,376 | ) | 430,147 | |||||||||||
Futures |
| | 282,385 | | ||||||||||||||
Net realized
loss |
(11,508,016 | ) | (661,791 | ) | (2,002,665 | ) | (9,072,983 | ) | ||||||||||
Net change in
unrealized appreciation (depreciation) on: |
||||||||||||||||||
Investments |
(22,892,438 | ) | 1,967,119 | 3,150,440 | 28,522,441 | |||||||||||||
Foreign
currency related transactions |
66,766 | 540 | 54,159 | 61,351 | ||||||||||||||
Futures |
| | (194,266 | ) | | |||||||||||||
Net change in
unrealized appreciation (depreciation) |
(22,825,672 | ) | 1,967,659 | 3,010,333 | 28,583,792 | |||||||||||||
Net realized
and unrealized gain (loss) |
(34,333,688 | ) | 1,305,868 | 1,007,668 | 19,510,809 | |||||||||||||
Increase
(decrease) in net assets resulting from operations |
$ | (33,150,131 | ) | $ | 1,008,082 | $ | 2,428,902 | $ | 22,004,227 | |||||||||
* Foreign
taxes withheld |
$ | 344,437 | $ | 151 | $ | 147,091 | $ | 317,614 |
ING International Growth Fund |
ING International Real Estate Fund |
ING International Small Cap Fund |
ING International Value Choice Fund |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
INVESTMENT
INCOME: |
||||||||||||||||||
Dividends, net
of foreign taxes withheld* |
$ | 2,138,102 | $ | 8,108,396 | $ | 3,314,684 | $ | 408,524 | ||||||||||
Interest, net
of foreign taxes withheld* |
107 | 343 | 82 | | ||||||||||||||
Securities
lending income, net |
70,572 | | 20,349 | | ||||||||||||||
Total
investment income |
2,208,781 | 8,108,739 | 3,335,115 | 408,524 | ||||||||||||||
EXPENSES: |
||||||||||||||||||
Investment
management fees |
567,436 | 2,198,318 | 1,356,881 | 141,050 | ||||||||||||||
Distribution
and service fees: |
||||||||||||||||||
Class
A |
| 217,739 | 164,183 | 24,522 | ||||||||||||||
Class
B |
| 9,230 | 11,619 | 2,248 | ||||||||||||||
Class
C |
| 85,102 | 112,513 | 20,435 | ||||||||||||||
Class
O |
| | 1,812 | | ||||||||||||||
Transfer agent
fees: |
||||||||||||||||||
Class
A |
| 74,012 | 53,799 | 16,836 | ||||||||||||||
Class
B |
| 784 | 1,324 | 385 | ||||||||||||||
Class
C |
| 7,224 | 12,915 | 3,507 | ||||||||||||||
Class
I |
80 | 34,118 | 19,197 | 621 | ||||||||||||||
Class
O |
| | 843 | | ||||||||||||||
Class
W |
| 4,570 | 17,637 | 576 | ||||||||||||||
Administrative
service fees |
75,657 | 230,441 | 135,686 | 14,105 | ||||||||||||||
Shareholder
reporting expense |
19,870 | 11,903 | 38,980 | 3,213 | ||||||||||||||
Registration
fees |
21,493 | 40,115 | 48,434 | 38,022 | ||||||||||||||
Professional
fees |
17,311 | 31,668 | 34,698 | 7,844 | ||||||||||||||
Custody and
accounting expense |
76,563 | 163,466 | 109,624 | 10,965 | ||||||||||||||
Trustee
fees |
2,282 | 6,951 | 4,093 | 425 | ||||||||||||||
Offering
expense |
12,115 | | | | ||||||||||||||
Miscellaneous
expense |
5,020 | 17,270 | 12,252 | 2,986 | ||||||||||||||
Interest
expense |
| 229 | 700 | | ||||||||||||||
Total
expenses |
797,827 | 3,133,140 | 2,137,190 | 287,740 | ||||||||||||||
Net waived
and reimbursed fees |
(47,502 | ) | (3,657 | ) | (59,483 | ) | (49,800 | ) | ||||||||||
Brokerage
commission recapture |
(420 | ) | | | (6,217 | ) | ||||||||||||
Net
expenses |
749,905 | 3,129,483 | 2,077,707 | 231,723 | ||||||||||||||
Net investment
income |
1,458,876 | 4,979,256 | 1,257,408 | 176,801 | ||||||||||||||
REALIZED AND
UNREALIZED GAIN (LOSS): |
||||||||||||||||||
Net realized
gain (loss) on: |
||||||||||||||||||
Investments |
(4,181,056 | ) | 708,589 | (48,796 | ) | 282,899 | ||||||||||||
Foreign
currency related transactions |
(17,805 | ) | (4,552 | ) | (18,584 | ) | (11,878 | ) | ||||||||||
Net realized
gain (loss) |
(4,198,861 | ) | 704,037 | (67,380 | ) | 271,021 | ||||||||||||
Net change in
unrealized appreciation (depreciation) on: |
||||||||||||||||||
Investments |
12,868,115 | 19,301,208 | 17,104,147 | (2,605,900 | ) | |||||||||||||
Foreign
currency related transactions |
7,631 | 52,292 | 47,709 | 4,295 | ||||||||||||||
Net change in
unrealized appreciation (depreciation) |
12,875,746 | 19,353,500 | 17,151,856 | (2,601,605 | ) | |||||||||||||
Net realized
and unrealized gain (loss) |
8,676,885 | 20,057,537 | 17,084,476 | (2,330,584 | ) | |||||||||||||
Increase
(decrease) in net assets resulting from operations |
$ | 10,135,761 | $ | 25,036,793 | $ | 18,341,884 | $ | (2,153,783 | ) | |||||||||
* Foreign
taxes withheld |
$ | 139,584 | $ | 658,456 | $ | 230,897 | $ | 38,759 |
ING International Value Fund |
ING Russia Fund |
|||||||||
---|---|---|---|---|---|---|---|---|---|---|
INVESTMENT
INCOME: |
||||||||||
Dividends, net
of foreign taxes withheld* |
$ | 9,687,137 | $ | 635,493 | ||||||
Interest, net
of foreign taxes withheld* |
| 188 | ||||||||
Securities
lending income, net |
6,219 | 217,287 | ||||||||
Total
investment income |
9,693,356 | 852,968 | ||||||||
EXPENSES: |
||||||||||
Investment
management fees |
3,119,027 | 1,912,083 | ||||||||
Distribution
and service fees: |
||||||||||
Class
A |
393,028 | 367,785 | ||||||||
Class
B |
6,166 | | ||||||||
Class
C |
615,353 | | ||||||||
Transfer agent
fees: |
||||||||||
Class
A |
212,537 | 209,673 | ||||||||
Class
B |
1,059 | | ||||||||
Class
C |
100,265 | | ||||||||
Class
I |
79,725 | 5,666 | ||||||||
Class
W |
242 | 3 | ||||||||
Administrative
service fees |
311,898 | 152,965 | ||||||||
Shareholder
reporting expense |
34,456 | 25,985 | ||||||||
Registration
fees |
42,048 | 30,673 | ||||||||
Professional
fees |
44,075 | 28,825 | ||||||||
Custody and
accounting expense |
163,731 | 572,558 | ||||||||
Trustee
fees |
9,408 | 4,614 | ||||||||
Miscellaneous
expense |
30,361 | 11,885 | ||||||||
Interest
expense |
4,760 | 163 | ||||||||
Total
expenses |
5,168,139 | 3,322,878 | ||||||||
Net waived
and reimbursed fees |
(139,294 | ) | | |||||||
Brokerage
commission recapture |
(11,742 | ) | | |||||||
Net
expenses |
5,017,103 | 3,322,878 | ||||||||
Net investment
income (loss) |
4,676,253 | (2,469,910 | ) | |||||||
REALIZED AND
UNREALIZED GAIN (LOSS): |
||||||||||
Net realized
gain (loss) on: |
||||||||||
Investments |
(36,116,913 | ) | (593,224 | ) | ||||||
Foreign
currency related transactions |
(72,342 | ) | (108,661 | ) | ||||||
Net realized
loss |
(36,189,255 | ) | (701,885 | ) | ||||||
Net change in
unrealized appreciation (depreciation) on: |
||||||||||
Investments |
26,550,126 | 3,269,875 | ||||||||
Foreign
currency related transactions |
16,163 | 84,591 | ||||||||
Net change in
unrealized appreciation (depreciation) |
26,566,289 | 3,354,466 | ||||||||
Net realized
and unrealized gain (loss) |
(9,622,966 | ) | 2,652,581 | |||||||
Increase
(decrease) in net assets resulting from operations |
$ | (4,946,713 | ) | $ | 182,671 | |||||
* Foreign
taxes withheld |
$ | 828,327 | $ | 53,726 |
ING Diversified International Fund |
ING Emerging Countries Fund |
||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Six Months Ended April 30, 2012 |
Year Ended October 31, 2011 |
Six Months Ended April 30, 2012 |
Year Ended October 31, 2011 |
||||||||||||||||
FROM
OPERATIONS: |
|||||||||||||||||||
Net investment
income (loss) |
$ | 1,353,781 | $ | 1,061,111 | $ | (132,419 | ) | $ | 647,671 | ||||||||||
Net realized
gain |
999,468 | 18,677,621 | 12,154,708 | 1,766,395 | |||||||||||||||
Net change in
unrealized appreciation (depreciation) |
2,898,898 | (28,118,960 | ) | (10,595,081 | ) | (28,437,751 | ) | ||||||||||||
Increase
(decrease) in net assets resulting from operations |
5,252,147 | (8,380,228 | ) | 1,427,208 | (26,023,685 | ) | |||||||||||||
FROM
DISTRIBUTIONS TO SHAREHOLDERS: |
|||||||||||||||||||
Net investment
income: |
|||||||||||||||||||
Class
A |
(702,513 | ) | (849,416 | ) | | (1,500 | ) | ||||||||||||
Class
B |
(25,317 | ) | (6,446 | ) | | (47 | ) | ||||||||||||
Class
C |
(95,652 | ) | (41,009 | ) | | (284 | ) | ||||||||||||
Class
I |
(173,157 | ) | (101,208 | ) | | (104,897 | ) | ||||||||||||
Class
O |
(47,020 | ) | (31,234 | ) | | | |||||||||||||
Class
R |
(1,361 | ) | (1,151 | ) | | | |||||||||||||
Class
W |
(14,983 | ) | (30,647 | ) | | (6,703 | ) | ||||||||||||
Return of
capital: |
|||||||||||||||||||
Class
A |
| (101,282 | ) | | | ||||||||||||||
Class
B |
| (16,186 | ) | | | ||||||||||||||
Class
C |
| (58,887 | ) | | | ||||||||||||||
Class
I |
| (8,943 | ) | | | ||||||||||||||
Class
O |
| (3,222 | ) | | | ||||||||||||||
Class
R |
| (181 | ) | | | ||||||||||||||
Class
W |
| (2,634 | ) | | | ||||||||||||||
Total
distributions |
(1,060,003 | ) | (1,252,446 | ) | | (113,431 | ) | ||||||||||||
FROM CAPITAL
SHARE TRANSACTIONS: |
|||||||||||||||||||
Net proceeds
from sale of shares |
3,562,894 | 22,363,258 | 4,818,299 | 38,195,069 | |||||||||||||||
Payment from
distribution/payment by affiliate |
| | 92,743 | | |||||||||||||||
Reinvestment of
distributions |
865,547 | 1,031,590 | | 111,428 | |||||||||||||||
4,428,441 | 23,394,848 | 4,911,042 | 38,306,497 | ||||||||||||||||
Cost of shares
redeemed |
(23,035,525 | ) | (79,537,970 | ) | (10,816,361 | ) | (111,202,692 | ) | |||||||||||
Net decrease in
net assets resulting from capital share transactions |
(18,607,084 | ) | (56,143,122 | ) | (5,905,319 | ) | (72,896,195 | ) | |||||||||||
Net decrease in
net assets |
(14,441,490 | ) | (65,775,796 | ) | (4,478,111 | ) | (99,033,311 | ) | |||||||||||
NET
ASSETS: |
|||||||||||||||||||
Beginning of
year or period |
127,062,441 | 192,838,237 | 85,708,251 | 184,741,562 | |||||||||||||||
End of year or
period |
$ | 112,647,501 | $ | 127,062,441 | $ | 81,230,140 | $ | 85,708,251 | |||||||||||
Undistributed
(distributions in excess of) net investment income/Accumulated net investment loss at end of year or period |
$ | 290,300 | $ | (3,478 | ) | $ | (132,638 | ) | $ | (219 | ) |
ING Emerging Markets Equity Fund |
ING Global Bond Fund |
||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Six Months Ended April 30, 2012 |
October 11, 2011(1) to October 31, 2011 |
Six Months Ended April 30, 2012 |
Year Ended October 31, 2011 |
||||||||||||||||
FROM
OPERATIONS: |
|||||||||||||||||||
Net investment
income |
$ | 319,876 | $ | 28,875 | $ | 11,247,213 | $ | 21,852,387 | |||||||||||
Net realized
gain |
1,946,379 | 8,717 | 2,479,049 | 16,073,329 | |||||||||||||||
Net change in
unrealized appreciation (depreciation) |
3,514,495 | 6,288,829 | 5,321,035 | (32,404,908 | ) | ||||||||||||||
Increase in net
assets resulting from operations |
5,780,750 | 6,326,421 | 19,047,297 | 5,520,808 | |||||||||||||||
FROM
DISTRIBUTIONS TO SHAREHOLDERS: |
|||||||||||||||||||
Net investment
income: |
|||||||||||||||||||
Class
A |
| | (4,743,177 | ) | (10,319,094 | ) | |||||||||||||
Class
B |
| | (36,204 | ) | (123,842 | ) | |||||||||||||
Class
C |
| | (1,704,299 | ) | (3,634,043 | ) | |||||||||||||
Class
I |
(24,341 | ) | | (7,524,710 | ) | (12,386,732 | ) | ||||||||||||
Class
O |
| | (88,924 | ) | (182,335 | ) | |||||||||||||
Class
R |
| | (913 | ) | (28 | ) | |||||||||||||
Class
W |
(51 | ) | | (552,211 | ) | (781,331 | ) | ||||||||||||
Net realized
gains: |
|||||||||||||||||||
Class
A |
(97 | ) | | (6,235,923 | ) | (1,887,005 | ) | ||||||||||||
Class
B |
| | (47,758 | ) | (32,368 | ) | |||||||||||||
Class
C |
(15 | ) | | (2,125,652 | ) | (837,018 | ) | ||||||||||||
Class
I |
(412,144 | ) | | (5,881,245 | ) | (2,007,676 | ) | ||||||||||||
Class
O |
| | (92,866 | ) | (33,672 | ) | |||||||||||||
Class
R |
(15 | ) | | (67 | ) | (2 | ) | ||||||||||||
Class
W |
(29 | ) | | (540,781 | ) | (135,360 | ) | ||||||||||||
Total
distributions |
(436,692 | ) | | (29,574,730 | ) | (32,360,506 | ) | ||||||||||||
FROM CAPITAL
SHARE TRANSACTIONS: |
|||||||||||||||||||
Net proceeds
from sale of shares |
16,862,533 | 86,370,258 | 305,474,753 | 391,678,723 | |||||||||||||||
Reinvestment of
distributions |
436,632 | | 25,074,200 | 28,050,981 | |||||||||||||||
17,299,165 | 86,370,258 | 330,548,953 | 419,729,704 | ||||||||||||||||
Cost of shares
redeemed |
(19,206,004 | ) | (2,442,218 | ) | (251,784,194 | ) | (284,914,258 | ) | |||||||||||
Net increase
(decrease) in net assets resulting from capital share transactions |
(1,906,839 | ) | 83,928,040 | 78,764,759 | 134,815,446 | ||||||||||||||
Net increase in
net assets |
3,437,219 | 90,254,461 | 68,237,326 | 107,975,748 | |||||||||||||||
NET
ASSETS: |
|||||||||||||||||||
Beginning of
year or period |
90,254,461 | | 634,785,574 | 526,809,826 | |||||||||||||||
End of year or
period |
$ | 93,691,680 | $ | 90,254,461 | $ | 703,022,900 | $ | 634,785,574 | |||||||||||
Undistributed
(distributions in excess of) net investment income at end of year or period |
$ | 295,484 | $ | | $ | (3,006,703 | ) | $ | 396,522 | ||||||||||
(1) Commencement of operations. |
ING Global Equity Dividend Fund |
ING Global Natural Resources Fund |
||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Six Months Ended April 30, 2012 |
Year Ended October 31, 2011 |
Six Months Ended April 30, 2012 |
Year Ended October 31, 2011 |
||||||||||||||||
FROM
OPERATIONS: |
|||||||||||||||||||
Net investment
income (loss) |
$ | 659,870 | $ | 2,570,973 | $ | (17,046 | ) | $ | (7,619 | ) | |||||||||
Net realized
gain |
723,350 | 10,591,735 | 723,610 | 7,013,328 | |||||||||||||||
Net change in
unrealized appreciation (depreciation) |
3,338,661 | (10,445,478 | ) | (3,331,391 | ) | (823,473 | ) | ||||||||||||
Increase
(decrease) in net assets resulting from operations |
4,721,881 | 2,717,230 | (2,624,827 | ) | 6,182,236 | ||||||||||||||
FROM
DISTRIBUTIONS TO SHAREHOLDERS: |
|||||||||||||||||||
Net investment
income: |
|||||||||||||||||||
Class
A |
(323,018 | ) | (874,518 | ) | (148,637 | ) | (48,857 | ) | |||||||||||
Class
B |
(33,421 | ) | (119,042 | ) | | | |||||||||||||
Class
C |
(135,093 | ) | (405,823 | ) | | | |||||||||||||
Class
I |
(36,644 | ) | (183,379 | ) | (8,098 | ) | (4,269 | ) | |||||||||||
Class
O |
(134,441 | ) | (333,562 | ) | | | |||||||||||||
Class
W |
(15,702 | ) | (177,709 | ) | (1,999 | ) | (286 | ) | |||||||||||
Total
distributions |
(678,319 | ) | (2,094,033 | ) | (158,734 | ) | (53,412 | ) | |||||||||||
FROM CAPITAL
SHARE TRANSACTIONS: |
|||||||||||||||||||
Net proceeds
from sale of shares |
4,676,502 | 16,908,904 | 6,973,679 | 25,951,963 | |||||||||||||||
Payment from
distribution/payment by affiliate |
| | 72,582 | | |||||||||||||||
Reinvestment of
distributions |
408,494 | 1,331,676 | 136,580 | 45,055 | |||||||||||||||
5,084,996 | 18,240,580 | 7,182,841 | 25,997,018 | ||||||||||||||||
Cost of shares
redeemed |
(12,175,982 | ) | (86,143,790 | ) | (10,141,717 | ) | (23,993,332 | ) | |||||||||||
Net increase
(decrease) in net assets resulting from capital share transactions |
(7,090,986 | ) | (67,903,210 | ) | (2,958,876 | ) | 2,003,686 | ||||||||||||
Net increase
(decrease) in net assets |
(3,047,424 | ) | (67,280,013 | ) | (5,742,437 | ) | 8,132,510 | ||||||||||||
NET
ASSETS: |
|||||||||||||||||||
Beginning of
year or period |
79,998,710 | 147,278,723 | 113,064,393 | 104,931,883 | |||||||||||||||
End of year or
period |
$ | 76,951,286 | $ | 79,998,710 | $ | 107,321,956 | $ | 113,064,393 | |||||||||||
Undistributed
(distributions in excess of) net investment income at end of year or period |
$ | 124,316 | $ | 142,765 | $ | (176,856 | ) | $ | (1,076 | ) |
ING Global Opportunities Fund |
ING Global Real Estate Fund |
||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Six Months Ended April 30, 2012 |
Year Ended October 31, 2011 |
Six Months Ended April 30, 2012 |
Year Ended October 31, 2011 |
||||||||||||||||
FROM
OPERATIONS: |
|||||||||||||||||||
Net investment
income (loss) |
$ | 50,718 | $ | (175,281 | ) | $ | 29,832,930 | $ | 49,759,483 | ||||||||||
Net realized
gain |
531,106 | 14,706,708 | 16,477,419 | 8,516,485 | |||||||||||||||
Net change in
unrealized appreciation (depreciation) |
2,834,976 | (15,687,588 | ) | 289,178,104 | (70,803,600 | ) | |||||||||||||
Increase
(decrease) in net assets resulting from operations |
3,416,800 | (1,156,161 | ) | 335,488,453 | (12,527,632 | ) | |||||||||||||
FROM
DISTRIBUTIONS TO SHAREHOLDERS: |
|||||||||||||||||||
Net investment
income: |
|||||||||||||||||||
Class
A |
| (1,182,323 | ) | (5,439,733 | ) | (35,022,501 | ) | ||||||||||||
Class
B |
| (118,277 | ) | (22,846 | ) | (493,908 | ) | ||||||||||||
Class
C |
| (655,582 | ) | (294,639 | ) | (5,139,321 | ) | ||||||||||||
Class
I |
| (248,370 | ) | (11,944,248 | ) | (45,540,364 | ) | ||||||||||||
Class
O |
| | (59,179 | ) | (398,628 | ) | |||||||||||||
Class
R |
| | (419 | ) | (11 | ) | |||||||||||||
Class
W |
| (5,789 | ) | (1,481,474 | ) | (8,822,397 | ) | ||||||||||||
Return of
capital: |
|||||||||||||||||||
Class
A |
| | (6,643,351 | ) | (11,743,583 | ) | |||||||||||||
Class
B |
| | (90,736 | ) | (178,053 | ) | |||||||||||||
Class
C |
| | (1,219,932 | ) | (2,200,041 | ) | |||||||||||||
Class
I |
| | (9,755,753 | ) | (14,846,105 | ) | |||||||||||||
Class
O |
| | (71,921 | ) | (126,017 | ) | |||||||||||||
Class
R |
| | (216 | ) | (9 | ) | |||||||||||||
Class
W |
| | (1,442,394 | ) | (2,781,899 | ) | |||||||||||||
Total
distributions |
| (2,210,341 | ) | (38,466,841 | ) | (127,292,837 | ) | ||||||||||||
FROM CAPITAL
SHARE TRANSACTIONS: |
|||||||||||||||||||
Net proceeds
from sale of shares |
2,221,969 | 8,643,382 | 1,006,513,765 | 1,702,326,514 | |||||||||||||||
Reinvestment of
distributions |
| 1,766,239 | 33,816,256 | 109,936,296 | |||||||||||||||
2,221,969 | 10,409,621 | 1,040,330,021 | 1,812,262,810 | ||||||||||||||||
Cost of shares
redeemed |
(14,526,594 | ) | (66,323,076 | ) | (768,578,606 | ) | (1,128,349,528 | ) | |||||||||||
Net increase
(decrease) in net assets resulting from capital share transactions |
(12,304,625 | ) | (55,913,455 | ) | 271,751,415 | 683,913,282 | |||||||||||||
Net increase
(decrease) in net assets |
(8,887,825 | ) | (59,279,957 | ) | 568,773,027 | 544,092,813 | |||||||||||||
NET
ASSETS: |
|||||||||||||||||||
Beginning of
year or period |
65,563,992 | 124,843,949 | 3,440,875,406 | 2,896,782,593 | |||||||||||||||
End of year or
period |
$ | 56,676,167 | $ | 65,563,992 | $ | 4,009,648,433 | $ | 3,440,875,406 | |||||||||||
Undistributed
net investment income at end of year or period |
$ | 50,941 | $ | 223 | $ | 31,676,224 | $ | 21,085,832 |
ING Global Value Choice Fund |
ING Greater China Fund |
||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Six Months Ended April 30, 2012 |
Year Ended October 31, 2011 |
Six Months Ended April 30, 2012 |
Year Ended October 31, 2011 |
||||||||||||||||
FROM
OPERATIONS: |
|||||||||||||||||||
Net investment
income (loss) |
$ | 1,183,557 | $ | 4,470,605 | $ | (297,786 | ) | $ | 81,193 | ||||||||||
Net realized
gain (loss) |
(11,508,016 | ) | 72,126,776 | (661,791 | ) | 2,278,877 | |||||||||||||
Net change in
unrealized appreciation (depreciation) |
(22,825,672 | ) | (72,744,924 | ) | 1,967,659 | (7,368,825 | ) | ||||||||||||
Increase
(decrease) in net assets resulting from operations |
(33,150,131 | ) | 3,852,457 | 1,008,082 | (5,008,755 | ) | |||||||||||||
FROM
DISTRIBUTIONS TO SHAREHOLDERS: |
|||||||||||||||||||
Net investment
income: |
|||||||||||||||||||
Class
A |
(2,085,355 | ) | (3,111,531 | ) | | (325,406 | ) | ||||||||||||
Class
B |
| (43,014 | ) | | (12,309 | ) | |||||||||||||
Class
C |
(366,940 | ) | (1,315,055 | ) | | (29,517 | ) | ||||||||||||
Class
I |
(2,716,719 | ) | (2,957,286 | ) | | (33,759 | ) | ||||||||||||
Class
O |
| | | (55,567 | ) | ||||||||||||||
Class
W |
(288,924 | ) | (584,591 | ) | | | |||||||||||||
Net realized
gains: |
|||||||||||||||||||
Class
A |
(20,838,644 | ) | | | | ||||||||||||||
Class
B |
(485,497 | ) | | | | ||||||||||||||
Class
C |
(13,221,208 | ) | | | | ||||||||||||||
Class
I |
(19,281,134 | ) | | | | ||||||||||||||
Class
W |
(2,277,810 | ) | | | | ||||||||||||||
Total
distributions |
(61,562,231 | ) | (8,011,477 | ) | | (456,558 | ) | ||||||||||||
FROM CAPITAL
SHARE TRANSACTIONS: |
|||||||||||||||||||
Net proceeds
from sale of shares |
47,659,956 | 389,319,314 | 3,551,716 | 9,633,718 | |||||||||||||||
Payment from
distribution/payment by affiliate |
364,932 | | | | |||||||||||||||
Reinvestment of
distributions |
36,770,613 | 4,386,066 | | 354,275 | |||||||||||||||
84,795,501 | 393,705,380 | 3,551,716 | 9,987,993 | ||||||||||||||||
Cost of shares
redeemed |
(328,909,604 | ) | (243,707,957 | ) | (6,750,833 | ) | (15,867,785 | ) | |||||||||||
Net increase
(decrease) in net assets resulting from capital share transactions |
(244,114,103 | ) | 149,997,423 | (3,199,117 | ) | (5,879,792 | ) | ||||||||||||
Net increase
(decrease) in net assets |
(338,826,465 | ) | 145,838,403 | (2,191,035 | ) | (11,345,105 | ) | ||||||||||||
NET
ASSETS: |
|||||||||||||||||||
Beginning of
year or period |
640,165,025 | 494,326,622 | 33,889,198 | 45,234,303 | |||||||||||||||
End of year or
period |
$ | 301,338,560 | $ | 640,165,025 | $ | 31,698,163 | $ | 33,889,198 | |||||||||||
Undistributed
(distributions in excess of) net investment income/Accumulated net investment loss at end of year or period |
$ | 593,516 | $ | 4,867,897 | $ | (298,248 | ) | $ | (462 | ) |
ING Index Plus International Equity Fund |
ING International Core Fund |
||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Six Months Ended April 30, 2012 |
Year Ended October 31, 2011 |
Six Months Ended April 30, 2012 |
February 8, 2011(1) to October 31, 2011 |
||||||||||||||||
FROM
OPERATIONS: |
|||||||||||||||||||
Net investment
income |
$ | 1,421,234 | $ | 2,130,084 | $ | 2,493,418 | $ | 3,449,116 | |||||||||||
Net realized
gain (loss) |
(2,002,665 | ) | 7,773,885 | (9,072,983 | ) | (22,238,217 | ) | ||||||||||||
Net change in
unrealized appreciation (depreciation) |
3,010,333 | (10,985,298 | ) | 28,583,792 | (20,400,566 | ) | |||||||||||||
Increase
(decrease) in net assets resulting from operations |
2,428,902 | (1,081,329 | ) | 22,004,227 | (39,189,667 | ) | |||||||||||||
FROM
DISTRIBUTIONS TO SHAREHOLDERS: |
|||||||||||||||||||
Net investment
income: |
|||||||||||||||||||
Class
A |
(172,400 | ) | (119,991 | ) | | | |||||||||||||
Class
B |
(4,426 | ) | (2,716 | ) | | | |||||||||||||
Class
C |
(15,082 | ) | (5,994 | ) | | | |||||||||||||
Class
I |
(1,376,087 | ) | (1,354,511 | ) | (3,175,306 | ) | | ||||||||||||
Class
O |
(927,783 | ) | (609,056 | ) | | | |||||||||||||
Class
W |
(83 | ) | | | | ||||||||||||||
Total
distributions |
(2,495,861 | ) | (2,092,268 | ) | (3,175,306 | ) | | ||||||||||||
FROM CAPITAL
SHARE TRANSACTIONS: |
|||||||||||||||||||
Net proceeds
from sale of shares |
6,976,017 | 51,836,203 | 45,842,415 | 448,417,065 | |||||||||||||||
Reinvestment of
distributions |
1,596,949 | 1,504,647 | 3,175,306 | | |||||||||||||||
8,572,966 | 53,340,850 | 49,017,721 | 448,417,065 | ||||||||||||||||
Cost of shares
redeemed |
(16,221,527 | ) | (93,789,046 | ) | (78,265,979 | ) | (59,613,945 | ) | |||||||||||
Net increase
(decrease) in net assets resulting from capital share transactions |
(7,648,561 | ) | (40,448,196 | ) | (29,248,258 | ) | 388,803,120 | ||||||||||||
Net increase
(decrease) in net assets |
(7,715,520 | ) | (43,621,793 | ) | (10,419,337 | ) | 349,613,453 | ||||||||||||
NET
ASSETS: |
|||||||||||||||||||
Beginning of
year or period |
94,728,942 | 138,350,735 | 349,613,453 | | |||||||||||||||
End of year or
period |
$ | 87,013,422 | $ | 94,728,942 | $ | 339,194,116 | $ | 349,613,453 | |||||||||||
Undistributed
net investment income at end of year or period |
$ | 1,210,730 | $ | 2,285,357 | $ | 1,846,392 | $ | 2,528,280 | |||||||||||
(1) Commencement of operations. |
ING International Growth Fund |
ING International Real Estate Fund |
||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Six Months Ended April 30, 2012 |
January 6, 2011(1) to October 31, 2011 |
Six Months Ended April 30, 2012 |
Year Ended October 31, 2011 |
||||||||||||||||
FROM
OPERATIONS: |
|||||||||||||||||||
Net investment
income |
$ | 1,458,876 | $ | 2,459,539 | $ | 4,979,256 | $ | 11,496,038 | |||||||||||
Net realized
gain (loss) |
(4,198,861 | ) | 420,453 | 704,037 | 17,996,396 | ||||||||||||||
Net change in
unrealized appreciation (depreciation) |
12,875,746 | (14,075,454 | ) | 19,353,500 | (65,296,033 | ) | |||||||||||||
Increase
(decrease) in net assets resulting from operations |
10,135,761 | (11,195,462 | ) | 25,036,793 | (35,803,599 | ) | |||||||||||||
FROM
DISTRIBUTIONS TO SHAREHOLDERS: |
|||||||||||||||||||
Net investment
income: |
|||||||||||||||||||
Class
A |
| | (1,643,594 | ) | (12,831,675 | ) | |||||||||||||
Class
B |
| | (10,311 | ) | (124,007 | ) | |||||||||||||
Class
C |
| | (95,397 | ) | (1,079,933 | ) | |||||||||||||
Class
I |
(2,431,169 | ) | | (2,930,272 | ) | (18,649,312 | ) | ||||||||||||
Class
W |
| | (108,960 | ) | (569,593 | ) | |||||||||||||
Net realized
gains: |
|||||||||||||||||||
Class
I |
(618,543 | ) | | | | ||||||||||||||
Total
distributions |
(3,049,712 | ) | | (4,788,534 | ) | (33,254,520 | ) | ||||||||||||
FROM CAPITAL
SHARE TRANSACTIONS: |
|||||||||||||||||||
Net proceeds
from sale of shares |
14,484,563 | 199,737,196 | 74,623,608 | 137,494,697 | |||||||||||||||
Reinvestment of
distributions |
3,049,712 | | 1,108,859 | 13,943,866 | |||||||||||||||
17,534,275 | 199,737,196 | 75,732,467 | 151,438,563 | ||||||||||||||||
Cost of shares
redeemed |
(31,522,616 | ) | (38,310,028 | ) | (96,710,227 | ) | (248,151,949 | ) | |||||||||||
Net increase
(decrease) in net assets resulting from capital share transactions |
(13,988,341 | ) | 161,427,168 | (20,977,760 | ) | (96,713,386 | ) | ||||||||||||
Net increase
(decrease) in net assets |
(6,902,292 | ) | 150,231,706 | (729,501 | ) | (165,771,505 | ) | ||||||||||||
NET
ASSETS: |
|||||||||||||||||||
Beginning of
year or period |
150,231,706 | | 474,660,187 | 640,431,692 | |||||||||||||||
End of year or
period |
$ | 143,329,414 | $ | 150,231,706 | $ | 473,930,686 | $ | 474,660,187 | |||||||||||
Undistributed
net investment income at end of year or period |
$ | 1,419,912 | $ | 2,392,205 | $ | 1,215,122 | $ | 1,024,400 | |||||||||||
(1) Commencement of operations. |
ING International Small Cap Fund |
ING International Value Choice Fund |
||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Six Months Ended April 30, 2012 |
Year Ended October 31, 2011 |
Six Months Ended April 30, 2012 |
Year Ended October 31, 2011 |
||||||||||||||||
FROM
OPERATIONS: |
|||||||||||||||||||
Net investment
income |
$ | 1,257,408 | $ | 4,194,520 | $ | 176,801 | $ | 729,357 | |||||||||||
Net realized
gain (loss) |
(67,380 | ) | 44,928,242 | 271,021 | (265,944 | ) | |||||||||||||
Net change in
unrealized appreciation (depreciation) |
17,151,856 | (62,985,420 | ) | (2,601,605 | ) | (4,469,597 | ) | ||||||||||||
Increase
(decrease) in net assets resulting from operations |
18,341,884 | (13,862,658 | ) | (2,153,783 | ) | (4,006,184 | ) | ||||||||||||
FROM
DISTRIBUTIONS TO SHAREHOLDERS: |
|||||||||||||||||||
Net investment
income: |
|||||||||||||||||||
Class
A |
(1,557,769 | ) | (540,772 | ) | (562,622 | ) | (190,808 | ) | |||||||||||
Class
B |
(10,775 | ) | (56 | ) | (7,167 | ) | | ||||||||||||
Class
C |
(230,441 | ) | (572 | ) | (80,404 | ) | (12,953 | ) | |||||||||||
Class
I |
(3,055,854 | ) | (1,827,105 | ) | (122,253 | ) | (187,574 | ) | |||||||||||
Class
O |
(25,934 | ) | (6,464 | ) | | | |||||||||||||
Class
W |
(458,648 | ) | (240,091 | ) | (1,980 | ) | (516 | ) | |||||||||||
Total
distributions |
(5,339,421 | ) | (2,615,060 | ) | (774,426 | ) | (391,851 | ) | |||||||||||
FROM CAPITAL
SHARE TRANSACTIONS: |
|||||||||||||||||||
Net proceeds
from sale of shares |
17,672,517 | 79,921,323 | 6,486,511 | 22,439,247 | |||||||||||||||
Payment from
distribution/payment by affiliate |
821,983 | 136,362 | | | |||||||||||||||
Reinvestment of
distributions |
3,263,088 | 1,515,427 | 677,136 | 351,441 | |||||||||||||||
21,757,588 | 81,573,112 | 7,163,647 | 22,790,688 | ||||||||||||||||
Cost of shares
redeemed |
(78,932,884 | ) | (192,605,155 | ) | (7,191,621 | ) | (35,264,069 | ) | |||||||||||
Net decrease in
net assets resulting from capital share transactions |
(57,175,296 | ) | (111,032,043 | ) | (27,974 | ) | (12,473,381 | ) | |||||||||||
Net decrease in
net assets |
(44,172,833 | ) | (127,509,761 | ) | (2,956,183 | ) | (16,871,416 | ) | |||||||||||
NET
ASSETS: |
|||||||||||||||||||
Beginning of
year or period |
307,668,967 | 435,178,728 | 29,922,785 | 46,794,201 | |||||||||||||||
End of year or
period |
$ | 263,496,134 | $ | 307,668,967 | $ | 26,966,602 | $ | 29,922,785 | |||||||||||
Undistributed
(distributions in excess of) net investment income at end of year or period |
$ | (58,952 | ) | $ | 4,023,061 | $ | 127,613 | $ | 725,238 |
ING International Value Fund |
ING Russia Fund |
||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Six Months Ended April 30, 2012 |
Year Ended October 31, 2011 |
Six Months Ended April 30, 2012 |
Year Ended October 31, 2011 |
||||||||||||||||
FROM
OPERATIONS: |
|||||||||||||||||||
Net investment
income (loss) |
$ | 4,676,253 | $ | 16,501,957 | $ | (2,469,910 | ) | $ | (1,256,315 | ) | |||||||||
Net realized
gain (loss) |
(36,189,255 | ) | (15,527,252 | ) | (701,885 | ) | 1,651,353 | ||||||||||||
Net change in
unrealized appreciation (depreciation) |
26,566,289 | (63,706,978 | ) | 3,354,466 | (29,282,257 | ) | |||||||||||||
Increase
(decrease) in net assets resulting from operations |
(4,946,713 | ) | (62,732,273 | ) | 182,671 | (28,887,219 | ) | ||||||||||||
FROM
DISTRIBUTIONS TO SHAREHOLDERS: |
|||||||||||||||||||
Net investment
income: |
|||||||||||||||||||
Class
A |
(7,601,085 | ) | (10,059,110 | ) | | | |||||||||||||
Class
B |
(20,538 | ) | (81 | ) | | | |||||||||||||
Class
C |
(2,495,707 | ) | (2,824,431 | ) | | | |||||||||||||
Class
I |
(7,967,223 | ) | (9,798,033 | ) | | | |||||||||||||
Class
W |
(9,108 | ) | (545,238 | ) | | | |||||||||||||
Total
distributions |
(18,093,661 | ) | (23,226,893 | ) | | | |||||||||||||
FROM CAPITAL
SHARE TRANSACTIONS: |
|||||||||||||||||||
Net proceeds
from sale of shares |
25,862,919 | 158,710,188 | 16,600,643 | 62,067,223 | |||||||||||||||
Payment from
distribution/payment by affiliate |
860,591 | 115,624 | | | |||||||||||||||
Reinvestment of
distributions |
14,532,214 | 18,121,879 | | | |||||||||||||||
41,255,724 | 176,947,691 | 16,600,643 | 62,067,223 | ||||||||||||||||
Redemption fee
proceeds |
| | 42,398 | 217,940 | |||||||||||||||
Cost of shares
redeemed |
(157,213,480 | ) | (623,758,163 | ) | (46,171,140 | ) | (131,466,024 | ) | |||||||||||
Net decrease in
net assets resulting from capital share transactions |
(115,957,756 | ) | (446,810,472 | ) | (29,528,099 | ) | (69,180,861 | ) | |||||||||||
Net decrease in
net assets |
(138,998,130 | ) | (532,769,638 | ) | (29,345,428 | ) | (98,068,080 | ) | |||||||||||
NET
ASSETS: |
|||||||||||||||||||
Beginning of
year or period |
703,780,494 | 1,236,550,132 | 328,244,953 | 426,313,033 | |||||||||||||||
End of year or
period |
$ | 564,782,364 | $ | 703,780,494 | $ | 298,899,525 | $ | 328,244,953 | |||||||||||
Undistributed
net investment income at end of year or period |
$ | 2,953,215 | $ | 16,370,623 | $ | (2,476,376 | ) | $ | (6,466 | ) |
Income (loss) from investment operations |
|
Less distributions |
|
Ratios to average net assets |
Supplemental data |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net asset value, beginning of year or period |
|
Net investment income (loss) |
|
Net realized and unrealized gain (loss) |
|
Total from investment operations |
|
From net investment income |
|
From net realized gains |
|
From return of capital |
|
Total distributions |
|
Payments from Distribution settlement/ affiliate |
|
Redemption fees applied to capital |
|
Net asset value, end of year or period |
|
Total Return (1) |
|
Expenses before reductions/ additions (2) |
|
Expenses net of fee waivers and/or recoupments, if any(2)(3) |
|
Expenses net of all reductions/ additions (2)(3) |
|
Net investment income (loss) (2)(3) |
|
Net assets, end of year or period |
|
Portfolio turnover rate |
||||||||||||||||||||||||||||||||||||||
Year or period ended |
($) |
|
($) |
|
($) |
|
($) |
|
($) |
|
($) |
|
($) |
|
($) |
|
($) |
|
($) |
|
($) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
($000s) |
|
(%) |
|||||||||||||||||||||||||||||||||||||
ING
Diversified International Fund |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
A |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
8.62 | 0.11 | 0.32 | 0.43 | 0.11 | | | 0.11 | | | 8.94 | 5.07 | 0.72 | 0.50 | 0.50 | 2.63 | 53,339 | 16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
9.33 | 0.08 | (0.70 | ) | (0.62 | ) | 0.08 | | 0.01 | 0.09 | | | 8.62 | (6.73 | ) | 0.68 | 0.50 | 0.50 | 0.97 | 61,325 | 112 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
8.27 | 0.06 | 1.07 | 1.13 | 0.06 | | 0.01 | 0.07 | | | 9.33 | 13.71 | 0.63 | 0.39 | 0.39 | 0.76 | 102,460 | 49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
7.30 | 0.24 | | 1.59 | 1.83 | 0.86 | | | 0.86 | | | 8.27 | 28.22 | 0.76 | 0.38 | 0.38 | 3.45 | 129,966 | 32 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
14.98 | 0.17 | | (7.50 | ) | (7.33 | ) | 0.26 | 0.09 | | 0.35 | | | 7.30 | (50.04 | ) | 0.57 | 0.31 | 0.31 | 1.41 | 167,282 | 55 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
11.61 | 0.05 | | 3.38 | 3.43 | 0.06 | | | 0.06 | | | 14.98 | 29.66 | 0.55 | 0.21 | 0.21 | 0.37 | 383,364 | 32 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
B |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
8.57 | 0.08 | 0.32 | 0.40 | 0.02 | | | 0.02 | | | 8.95 | 4.73 | 1.47 | 1.25 | 1.25 | 1.86 | 9,014 | 16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
9.27 | 0.02 | (0.71 | ) | (0.69 | ) | 0.00 | * | | 0.01 | 0.01 | | | 8.57 | (7.42 | ) | 1.43 | 1.25 | 1.25 | 0.18 | 10,193 | 112 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
8.23 | (0.00 | )* | 1.05 | 1.05 | | | 0.01 | 0.01 | | | 9.27 | 12.78 | 1.38 | 1.14 | 1.14 | (0.03 | ) | 16,616 | 49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
7.22 | 0.17 | | 1.61 | 1.78 | 0.77 | | | 0.77 | | | 8.23 | 27.46 | 1.51 | 1.13 | 1.13 | 2.43 | 19,919 | 32 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
14.84 | 0.07 | (7.43 | ) | (7.36 | ) | 0.17 | 0.09 | | 0.26 | | | 7.22 | (50.43 | ) | 1.32 | 1.06 | 1.06 | 0.67 | 20,167 | 55 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
11.54 | (0.04 | ) | 3.35 | 3.31 | 0.01 | | | 0.01 | | | 14.84 | 28.68 | 1.30 | 0.96 | 0.96 | (0.34 | ) | 43,667 | 32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
C |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
8.55 | 0.08 | 0.32 | 0.40 | 0.02 | | | 0.02 | | | 8.93 | 4.74 | 1.47 | 1.25 | 1.25 | 1.84 | 34,298 | 16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
9.26 | 0.01 | (0.70 | ) | (0.69 | ) | 0.01 | | 0.01 | 0.02 | | | 8.55 | (7.51 | ) | 1.43 | 1.25 | 1.25 | 0.15 | 38,542 | 112 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
8.21 | (0.00 | )* | 1.06 | 1.06 | | | 0.01 | 0.01 | | | 9.26 | 12.88 | 1.38 | 1.14 | 1.14 | (0.01 | ) | 59,015 | 49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
7.21 | 0.17 | | 1.60 | 1.77 | 0.77 | | | 0.77 | | | 8.21 | 27.32 | 1.51 | 1.13 | 1.13 | 2.54 | 71,831 | 32 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
14.83 | 0.07 | (7.42 | ) | (7.35 | ) | 0.18 | 0.09 | | 0.27 | | | 7.21 | (50.43 | ) | 1.32 | 1.06 | 1.06 | 0.67 | 78,834 | 55 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
11.54 | (0.05 | ) | 3.35 | 3.30 | 0.01 | | | 0.01 | | | 14.83 | 28.63 | 1.30 | 0.96 | 0.96 | (0.39 | ) | 168,661 | 32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
I |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
8.61 | 0.11 | 0.32 | 0.43 | 0.13 | | | 0.13 | | | 8.91 | 5.19 | 0.47 | 0.25 | 0.25 | 2.70 | 10,996 | 16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
9.32 | 0.08 | | (0.67 | ) | (0.59 | ) | 0.11 | | 0.01 | 0.12 | | | 8.61 | (6.46 | ) | 0.28 | 0.25 | 0.25 | 0.81 | 11,957 | 112 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
8.26 | 0.03 | | 1.12 | 1.15 | 0.08 | | 0.01 | 0.09 | | | 9.32 | 13.98 | 0.35 | 0.14 | 0.14 | 0.36 | 9,188 | 49 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
7.30 | 0.31 | | 1.55 | 1.86 | 0.90 | | | 0.90 | | | 8.26 | 28.78 | 0.48 | 0.10 | 0.10 | 4.55 | 3,209 | 32 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
14.99 | 0.21 | (7.53 | ) | (7.32 | ) | 0.28 | 0.09 | | 0.37 | | | 7.30 | (49.97 | ) | 0.32 | 0.06 | 0.06 | 1.69 | 16 | 55 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
11.63 | 0.03 | | 3.41 | 3.44 | 0.08 | | | 0.08 | | | 14.99 | 29.69 | 0.30 | 0.09 | 0.09 | 0.21 | 32 | 32 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
O |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
8.56 | 0.11 | 0.31 | 0.42 | 0.11 | | | 0.11 | | | 8.87 | 5.09 | 0.72 | 0.50 | 0.50 | 2.48 | 3,977 | 16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
9.28 | 0.07 | (0.69 | ) | (0.62 | ) | 0.09 | | 0.01 | 0.10 | | | 8.56 | (6.75 | ) | 0.68 | 0.50 | 0.50 | 0.62 | 3,516 | 112 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
8.24 | 0.05 | | 1.08 | 1.13 | 0.08 | | 0.01 | 0.09 | | | 9.28 | 13.81 | 0.63 | 0.34 | 0.34 | 0.55 | 2,947 | 49 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
7.29 | 0.10 | | 1.74 | 1.84 | 0.89 | | | 0.89 | | | 8.24 | 28.45 | 0.76 | 0.38 | 0.38 | 1.30 | 1,911 | 32 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
06-04-08(4)10-31-08 |
12.99 | 0.02 | | (5.72 | ) | (5.70 | ) | | | | | | | 7.29 | (43.88 | ) | 0.57 | 0.31 | 0.31 | 0.48 | 140 | 55 | ||||||||||||||||||||||||||||||||||||||||||||||||||
Class
R |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
8.52 | 0.10 | 0.31 | 0.41 | 0.09 | | | 0.09 | | | 8.84 | 4.87 | 0.97 | 0.75 | 0.75 | 2.76 | 102 | 16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
9.22 | 0.05 | (0.68 | ) | (0.63 | ) | 0.06 | | 0.01 | 0.07 | | | 8.52 | (6.89 | ) | 0.93 | 0.75 | 0.75 | 0.58 | 137 | 112 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
8.18 | 0.04 | | 1.05 | 1.09 | 0.04 | | 0.01 | 0.05 | | | 9.22 | 13.40 | 0.88 | 0.64 | 0.64 | 0.47 | 173 | 49 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
7.22 | 0.20 | 1.60 | 1.80 | 0.84 | | | 0.84 | | | 8.18 | 28.13 | 1.01 | 0.63 | 0.63 | 2.94 | 198 | 32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
14.82 | 0.15 | (7.44 | ) | (7.29 | ) | 0.22 | 0.09 | | 0.31 | | | 7.22 | (50.18 | ) | 0.82 | 0.56 | 0.56 | 1.26 | 183 | 55 | |||||||||||||||||||||||||||||||||||||||||||||||||||
12-12-06(4)10-31-07 |
12.19 | (0.05 | ) | 2.76 | 2.71 | 0.08 | | | 0.08 | | | 14.82 | 22.33 | 0.80 | 0.46 | 0.46 | (0.46 | ) | 432 | 32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
W |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
8.58 | 0.13 | 0.30 | 0.43 | 0.13 | | | 0.13 | | | 8.88 | 5.24 | 0.47 | 0.25 | 0.25 | 2.88 | 922 | 16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
9.30 | 0.12 | | (0.72 | ) | (0.60 | ) | 0.11 | | 0.01 | 0.12 | | | 8.58 | (6.55 | ) | 0.43 | 0.25 | 0.25 | 1.29 | 1,392 | 112 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
8.25 | 0.09 | | 1.06 | 1.15 | 0.09 | | 0.01 | 0.10 | | | 9.30 | 14.07 | 0.38 | 0.09 | 0.09 | 1.03 | 2,440 | 49 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
7.29 | 0.21 | | 1.65 | 1.86 | 0.90 | | | 0.90 | | | 8.25 | 28.84 | 0.48 | 0.10 | 0.10 | 2.96 | 2,545 | 32 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
02-12-08(4)10-31-08 |
12.17 | 0.06 | | (4.94 | ) | (4.88 | ) | | | | | | | 7.29 | (40.10 | ) | 0.32 | 0.06 | 0.06 | 0.80 | 1,506 | 55 |
Income (loss) from investment operations |
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Less distributions |
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Ratios to average net assets |
Supplemental data |
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Net asset value, beginning of year or period |
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Net investment income (loss) |
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Net realized and unrealized gain (loss) |
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Total from investment operations |
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From net investment income |
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From net realized gains |
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From return of capital |
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Total distributions |
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Payments from Distribution settlement/ affiliate |
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Redemption fees applied to capital |
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Net asset value, end of year or period |
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Total Return (1) |
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Expenses before reductions/ additions (2) |
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Expenses net of fee waivers and/or recoupments, if any(2)(3) |
|
Expenses net of all reductions/ additions (2)(3) |
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Net investment income (loss) (2)(3) |
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Net assets, end of year or period |
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Portfolio turnover rate | ||||||||||||||||||||||||||||||||||||||
Year or period ended |
($) |
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($) |
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($) |
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($000s) |
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(%) | |||||||||||||||||||||||||||||||||||||
ING Emerging Countries Fund |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
A |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
24.71 | (0.03 | ) | 0.55 | 0.52 | | | | | 0.03 | | 25.26 | 2.23 | (a) | 1.96 | 1.85 | 1.85 | (0.28 | ) | 58,812 | 20 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
28.88 | 0.09 | (4.26 | ) | (4.17 | ) | 0.00 | * | | | 0.00 | * | | | 24.71 | (14.44 | ) | 1.95 | 1.81 | 1.81 | 0.31 | 61,675 | 91 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
23.64 | (0.07 | ) | 5.31 | 5.24 | | | | | | | 28.88 | 22.17 | 2.15 | 1.91 | 1.91 | (0.25 | ) | 86,497 | 98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
16.04 | 0.05 | | 7.82 | 7.87 | 0.50 | | | 0.50 | 0.23 | | 23.64 | 52.02 | 2.28 | 2.04 | 2.04 | 0.29 | 77,556 | 148 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
41.48 | 0.71 | (24.59 | ) | (23.88 | ) | 0.45 | 1.11 | | 1.56 | | | 16.04 | (59.64 | ) | 2.10 | 1.96 | 1.94 | 1.86 | 60,207 | 177 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
29.62 | 0.47 | 11.82 | 12.29 | 0.43 | | | 0.43 | | | 41.48 | 41.93 | 1.99 | 1.89 | 1.86 | 1.42 | 197,307 | 51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
B |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
24.15 | (0.14 | ) | 0.55 | 0.41 | | | | | 0.03 | | 24.59 | 1.82 | (a) | 2.61 | 2.60 | 2.60 | (1.08 | ) | 1,482 | 20 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
28.43 | (0.15 | ) | (4.13 | ) | (4.28 | ) | 0.00 | * | | | 0.00 | * | | | 24.15 | (15.05 | ) | 2.60 | 2.56 | 2.56 | (0.54 | ) | 1,900 | 91 | |||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
23.45 | (0.26 | ) | 5.24 | 4.98 | | | | | | | 28.43 | 21.24 | 2.80 | 2.66 | 2.66 | (1.03 | ) | 3,901 | 98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
15.73 | (0.08 | ) | 7.74 | 7.66 | 0.17 | | | 0.17 | 0.23 | | 23.45 | 50.68 | 2.93 | 2.79 | 2.79 | (0.44 | ) | 4,973 | 148 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
40.67 | 0.36 | | (24.05 | ) | (23.69 | ) | 0.14 | 1.11 | | 1.25 | | | 15.73 | (59.94 | ) | 2.75 | 2.71 | 2.69 | 1.10 | 4,312 | 177 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
29.04 | 0.24 | | 11.57 | 11.81 | 0.18 | | | 0.18 | | | 40.67 | 40.85 | 2.64 | 2.64 | 2.61 | 0.67 | 16,648 | 51 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
C |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
22.67 | (0.11 | ) | 0.50 | 0.39 | | | | | 0.03 | | 23.09 | 1.85 | (a) | 2.61 | 2.60 | 2.60 | (0.97 | ) | 10,171 | 20 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
26.69 | (0.13 | ) | (3.89 | ) | (4.02 | ) | 0.00 | * | | | 0.00 | * | | | 22.67 | (15.06 | ) | 2.60 | 2.56 | 2.56 | (0.46 | ) | 10,669 | 91 | |||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
22.01 | (0.24 | ) | 4.92 | 4.68 | | | | | | | 26.69 | 21.26 | 2.80 | 2.66 | 2.66 | (1.00 | ) | 15,873 | 98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
14.82 | (0.07 | ) | 7.26 | 7.19 | 0.22 | | | 0.22 | 0.22 | | 22.01 | 50.69 | 2.93 | 2.79 | 2.79 | (0.42 | ) | 16,868 | 148 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
38.45 | 0.34 | | (22.65 | ) | (22.31 | ) | 0.21 | 1.11 | | 1.32 | | | 14.82 | (59.92 | ) | 2.75 | 2.71 | 2.69 | 1.11 | 14,586 | 177 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
27.53 | 0.20 | 10.97 | 11.17 | 0.25 | | | 0.25 | | | 38.45 | 40.82 | 2.64 | 2.64 | 2.61 | 0.65 | 53,885 | 51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
I |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
24.92 | 0.01 | 0.55 | 0.56 | | | | | 0.03 | | 25.51 | 2.37 | (a) | 1.51 | 1.50 | 1.50 | 0.07 | 7,658 | 20 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
29.03 | 0.23 | | (4.30 | ) | (4.07 | ) | 0.04 | | | 0.04 | | | 24.92 | (14.03 | ) | 1.44 | 1.40 | 1.40 | 0.80 | 8,104 | 91 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
23.66 | 0.06 | 5.31 | 5.37 | | | | | | | 29.03 | 22.70 | 1.61 | 1.47 | 1.47 | 0.28 | 72,072 | 98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
16.11 | 0.13 | | 7.82 | 7.95 | 0.63 | | | 0.63 | 0.23 | | 23.66 | 52.74 | 1.74 | 1.60 | 1.60 | 0.71 | 30,758 | 148 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
41.63 | 0.56 | | (24.40 | ) | (23.84 | ) | 0.57 | 1.11 | | 1.68 | | | 16.11 | (59.48 | ) | 1.67 | 1.63 | 1.61 | 1.79 | 18,429 | 177 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
29.72 | 0.55 | 11.90 | 12.45 | 0.54 | | | 0.54 | | | 41.63 | 42.41 | 1.56 | 1.56 | 1.53 | 1.71 | 41,551 | 51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
W |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
26.02 | (0.01 | ) | 0.59 | 0.58 | | | | | 0.03 | | 26.63 | 2.34 | (a) | 1.61 | 1.60 | 1.60 | (0.09 | ) | 3,108 | 20 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
30.36 | 0.14 | | (4.45 | ) | (4.31 | ) | 0.03 | | | 0.03 | | | 26.02 | (14.21 | ) | 1.60 | 1.56 | 1.56 | 0.48 | 3,361 | 91 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
24.77 | (0.07 | ) | 5.66 | 5.59 | | | | | | | 30.36 | 22.57 | 1.80 | 1.66 | 1.66 | (0.33 | ) | 6,398 | 98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
16.85 | 0.01 | | 8.31 | 8.32 | 0.64 | | | 0.64 | 0.24 | | 24.77 | 52.70 | 1.74 | 1.60 | 1.60 | 0.04 | 93 | 148 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
02-12-08(4)10-31-08 |
36.18 | 0.54 | | (19.86 | ) | (19.32 | ) | | 0.01 | | 0.01 | | | 16.85 | (53.42 | ) | 1.67 | 1.63 | 1.61 | 2.48 | 36 | 177 | ||||||||||||||||||||||||||||||||||||||||||||||||||
ING
Emerging Markets Equity Fund |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
A |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
10.74 | 0.03 | | 0.64 | 0.67 | | 0.05 | | 0.05 | | | 11.36 | 6.30 | 1.83 | 1.50 | 1.50 | 0.45 | 150 | 15 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-11-11(4)10-31-11 |
10.00 | (0.00 | )* | 0.74 | 0.74 | | | | | | | 10.74 | 7.40 | 1.77 | 1.50 | 1.50 | (0.99 | ) | 21 | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
C |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
10.73 | (0.02 | ) | 0.66 | 0.64 | | 0.05 | | 0.05 | | | 11.32 | 6.02 | 2.58 | 2.25 | 2.25 | (0.32 | ) | 3 | 15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-11-11(4)10-31-11 |
10.00 | (0.00 | )* | 0.73 | 0.73 | | | | | | | 10.73 | 7.30 | 2.52 | 2.25 | 2.25 | (0.28 | ) | 3 | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
I |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
10.74 | 0.04 | 0.65 | 0.69 | 0.00 | * | 0.05 | | 0.05 | | | 11.38 | 6.51 | 1.58 | 1.25 | 1.25 | 0.71 | 91,563 | 15 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-11-11(4)10-31-11 |
10.00 | 0.00 | * | 0.74 | 0.74 | | | | | | | 10.74 | 7.40 | 1.52 | 1.25 | 1.25 | 0.62 | 90,224 | 1 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
R |
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04-30-12 |
10.74 | 0.01 | 0.65 | 0.66 | | 0.05 | | 0.05 | | | 11.35 | 6.20 | 2.08 | 1.75 | 1.75 | 0.20 | 3 | 15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-11-11(4)10-31-11 |
10.00 | 0.00 | * | 0.74 | 0.74 | | | | | | | 10.74 | 7.40 | 2.02 | 1.75 | 1.75 | 0.23 | 3 | 1 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
W |
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04-30-12 |
10.74 | 0.04 | | 0.65 | 0.69 | 0.00 | * | 0.05 | | 0.05 | | | 11.38 | 6.51 | 1.58 | 1.25 | 1.25 | 0.74 | 1,972 | 15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-11-11(4)10-31-11 |
10.00 | 0.00 | * | 0.74 | 0.74 | | | | | | | 10.74 | 7.40 | 1.52 | 1.25 | 1.25 | 0.69 | 3 | 1 |
Income (loss) from investment operations |
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Less distributions |
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Ratios to average net assets |
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Net asset value, beginning of year or period |
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Net investment income (loss) |
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Net realized and unrealized gain (loss) |
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Total from investment operations |
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From net investment income |
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From net realized gains |
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From return of capital |
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Total distributions |
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Payments from Distribution settlement/ affiliate |
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Redemption fees applied to capital |
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Net asset value, end of year or period |
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Total Return (1) |
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Expenses before reductions/ additions (2) |
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Expenses net of fee waivers and/or recoupments, if any(2)(3) |
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Expenses net of all reductions/ additions (2)(3) |
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Net investment income (loss) (2)(3) |
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Net assets, end of year or period |
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Portfolio turnover rate | ||||||||||||||||||||||||||||||||||||||
Year or period ended |
($) |
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($) |
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($) |
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($) |
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($) |
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($) |
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($) |
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($) |
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($) |
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($) |
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($) |
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(%) |
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(%) |
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(%) |
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(%) |
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($000s) |
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(%) | |||||||||||||||||||||||||||||||||||||
ING Global Bond Fund |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
A |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
11.76 | 0.18 | 0.15 | 0.33 | 0.25 | 0.27 | | 0.52 | | | 11.57 | 2.94 | 0.91 | 0.90 | 0.90 | 3.22 | 206,519 | 259 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
12.32 | 0.46 | | (0.32 | ) | 0.14 | 0.59 | 0.11 | | 0.70 | | | 11.76 | 1.32 | 0.96 | | 0.90 | | 0.90 | | 3.88 | | 266,155 | 440 | ||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
12.25 | 0.53 | | 0.30 | 0.83 | 0.71 | 0.05 | | 0.76 | | | 12.32 | 7.14 | 1.00 | | 0.90 | | 0.90 | | 4.43 | | 192,384 | 440 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
10.19 | 0.32 | 2.13 | 2.45 | 0.15 | 0.24 | | 0.39 | | | 12.25 | 24.43 | 1.06 | | 0.91 | | 0.91 | | 3.30 | | 103,255 | 396 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
10.59 | 0.27 | | 0.07 | 0.34 | 0.62 | 0.12 | | 0.74 | | | 10.19 | 3.04 | 1.05 | | 0.93 | | 0.93 | | 2.53 | | 79,451 | 830 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
10.25 | 0.31 | | 0.64 | 0.95 | 0.43 | 0.18 | | 0.61 | | | 10.59 | 9.61 | 1.46 | 0.90 | 0.90 | 3.08 | 28,887 | 858 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
B |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
11.66 | 0.14 | 0.14 | 0.28 | 0.21 | 0.27 | | 0.48 | | | 11.46 | 2.50 | 1.66 | 1.65 | 1.65 | 2.57 | 1,913 | 259 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
12.21 | 0.42 | (0.36 | ) | 0.06 | 0.50 | 0.11 | | 0.61 | | | 11.66 | 0.65 | 1.71 | | 1.65 | | 1.65 | | 3.33 | | 2,086 | 440 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
12.16 | 0.46 | 0.27 | 0.73 | 0.63 | 0.05 | | 0.68 | | | 12.21 | 6.22 | 1.75 | | 1.65 | | 1.65 | | 3.79 | | 4,125 | 440 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
10.16 | 0.29 | 2.07 | 2.36 | 0.12 | 0.24 | | 0.36 | | | 12.16 | 23.56 | 1.81 | | 1.66 | | 1.66 | | 2.59 | | 5,135 | 396 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
10.55 | 0.18 | | 0.08 | 0.26 | 0.53 | 0.12 | | 0.65 | | | 10.16 | 2.26 | 1.80 | | 1.68 | | 1.68 | | 1.71 | | 4,085 | 830 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
10.24 | 0.25 | | 0.62 | 0.87 | 0.38 | 0.18 | | 0.56 | | | 10.55 | 8.74 | 2.21 | 1.65 | 1.65 | 2.44 | 342 | 858 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
C |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
11.70 | 0.15 | 0.13 | 0.28 | 0.21 | 0.27 | | 0.48 | | | 11.50 | 2.50 | 1.66 | 1.65 | 1.65 | 2.55 | 102,977 | 259 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
12.25 | 0.38 | (0.31 | ) | 0.07 | 0.51 | 0.11 | | 0.62 | | | 11.70 | 0.65 | 1.71 | | 1.65 | | 1.65 | | 3.25 | | 89,510 | 440 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
12.20 | 0.43 | | 0.30 | 0.73 | 0.63 | 0.05 | | 0.68 | | | 12.25 | 6.23 | 1.75 | | 1.65 | | 1.65 | | 3.65 | | 90,458 | 440 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
10.20 | 0.28 | | 2.08 | 2.36 | 0.12 | 0.24 | | 0.36 | | | 12.20 | 23.48 | 1.81 | | 1.66 | | 1.66 | | 2.54 | | 45,773 | 396 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
10.59 | 0.18 | | 0.09 | 0.27 | 0.54 | 0.12 | | 0.66 | | | 10.20 | 2.31 | 1.80 | | 1.68 | | 1.68 | | 1.71 | | 29,009 | 830 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
10.24 | 0.24 | | 0.64 | 0.88 | 0.35 | 0.18 | | 0.53 | | | 10.59 | 8.90 | 2.21 | 1.65 | 1.65 | 2.33 | 1,627 | 858 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
I |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
11.73 | 0.22 | 0.12 | 0.34 | 0.27 | 0.27 | | 0.54 | | | 11.53 | 3.02 | 0.61 | 0.60 | 0.60 | 3.64 | 359,390 | 259 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
12.28 | 0.51 | | (0.32 | ) | 0.19 | 0.63 | 0.11 | | 0.74 | | | 11.73 | 1.75 | 0.62 | | 0.56 | | 0.56 | | 4.34 | | 251,112 | 440 | ||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
12.22 | 0.56 | | 0.31 | 0.87 | 0.76 | 0.05 | | 0.81 | | | 12.28 | 7.44 | 0.65 | | 0.55 | | 0.55 | | 4.73 | | 222,123 | 440 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
10.21 | 0.45 | | 2.04 | 2.49 | 0.24 | 0.24 | | 0.48 | | | 12.22 | 24.94 | 0.71 | | 0.56 | | 0.56 | | 3.89 | | 136,178 | 396 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
10.58 | 0.28 | | 0.14 | 0.42 | 0.67 | 0.12 | | 0.79 | | | 10.21 | 3.78 | 0.74 | | 0.62 | | 0.62 | | 2.69 | | 503 | 830 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
10.25 | 0.35 | | 0.63 | 0.98 | 0.47 | 0.18 | | 0.65 | | | 10.58 | 9.88 | 1.00 | 0.61 | 0.61 | 3.47 | 1 | 858 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
O |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
11.57 | 0.19 | 0.12 | 0.31 | 0.25 | 0.27 | | 0.52 | | | 11.36 | 2.82 | 0.91 | 0.90 | 0.90 | 3.30 | 4,125 | 259 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
12.12 | 0.46 | | (0.31 | ) | 0.15 | 0.59 | 0.11 | | 0.70 | | | 11.57 | 1.43 | 0.96 | | 0.90 | | 0.90 | | 3.98 | | 3,985 | 440 | ||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
12.06 | 0.53 | | 0.29 | 0.82 | 0.71 | 0.05 | | 0.76 | | | 12.12 | 7.17 | 1.00 | | 0.90 | | 0.90 | | 4.53 | | 3,578 | 440 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
10.15 | 0.37 | | 2.04 | 2.41 | 0.26 | 0.24 | | 0.50 | | | 12.06 | 24.26 | 1.06 | | 0.91 | | 0.91 | | 3.30 | | 3,126 | 396 | |||||||||||||||||||||||||||||||||||||||||||||||||
06-04-08(4)10-31-08 |
10.65 | 0.10 | | (0.49 | ) | (0.39 | ) | 0.11 | | | 0.11 | | | 10.15 | (3.70 | ) | 1.05 | | 0.93 | | 0.93 | | 2.47 | | 222 | 830 | ||||||||||||||||||||||||||||||||||||||||||||||
Class
R |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
11.75 | 0.17 | | 0.13 | 0.30 | 0.23 | 0.27 | | 0.50 | | | 11.55 | 2.68 | 1.16 | 1.15 | 1.15 | 2.99 | 264 | 259 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
08-05-11(4)10-31-11 |
12.06 | 0.12 | | (0.31 | ) | (0.19 | ) | 0.11 | 0.01 | | 0.12 | | | 11.75 | (1.59 | ) | 1.21 | | 1.15 | | 1.15 | | 4.22 | | 3 | 440 | ||||||||||||||||||||||||||||||||||||||||||||||
Class
W |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
11.56 | 0.21 | 0.12 | 0.33 | 0.26 | 0.27 | | 0.53 | | | 11.36 | 3.04 | 0.66 | 0.65 | 0.65 | 3.55 | 27,836 | 259 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
12.12 | 0.48 | (0.31 | ) | 0.17 | 0.62 | 0.11 | | 0.73 | | | 11.56 | 1.60 | 0.71 | | 0.65 | | 0.65 | | 4.07 | | 21,934 | 440 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
12.06 | 0.52 | | 0.34 | 0.86 | 0.75 | 0.05 | | 0.80 | | | 12.12 | 7.45 | 0.75 | | 0.65 | | 0.65 | | 4.44 | | 14,142 | 440 | |||||||||||||||||||||||||||||||||||||||||||||||||
06-01-09(4)10-31-09 |
11.22 | 0.14 | | 1.03 | 1.17 | 0.33 | | | 0.33 | | | 12.06 | 10.54 | 0.71 | | 0.56 | | 0.56 | | 2.85 | | 1,533 | 396 | |||||||||||||||||||||||||||||||||||||||||||||||||
ING
Global Equity Dividend Fund |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
A |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
10.05 | 0.10 | 0.55 | 0.65 | 0.10 | | | 0.10 | | | 10.60 | 6.52 | 1.46 | 1.43 | 1.43 | 1.95 | 32,687 | 38 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
10.31 | 0.28 | | (0.29 | ) | (0.01 | ) | 0.25 | | | 0.25 | | | 10.05 | (0.16 | ) | 1.42 | 1.39 | 1.39 | 2.67 | 33,494 | 83 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
9.41 | 0.26 | | 0.89 | 1.15 | 0.25 | | | 0.25 | | | 10.31 | 12.46 | 1.38 | 1.40 | 1.40 | 2.65 | 42,502 | 58 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
8.77 | 0.26 | | 0.62 | 0.88 | 0.22 | | 0.02 | 0.24 | | | 9.41 | 10.41 | 1.54 | 1.40 | 1.40 | 3.24 | 46,871 | 93 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
16.84 | 0.56 | (6.84 | ) | (6.28 | ) | 0.54 | 1.20 | 0.05 | 1.79 | | | 8.77 | (40.84 | ) | 1.42 | 1.41 | 1.41 | 3.85 | 63,134 | 46 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
15.76 | 0.54 | | 1.84 | 2.38 | 0.55 | 0.75 | | 1.30 | | | 16.84 | 15.80 | 1.26 | 1.26 | 1.26 | 3.31 | 182,669 | 36 |
Income (loss) from investment operations |
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Less distributions |
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Total Return (1) |
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Expenses before reductions/ additions (2) |
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Expenses net of fee waivers and/or recoupments, if any(2)(3) |
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Expenses net of all reductions/ additions (2)(3) |
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Net investment income (loss) (2)(3) |
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ING Global Equity Dividend Fund (continued) |
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Class
B |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
10.03 | 0.07 | 0.53 | 0.60 | 0.06 | | | 0.06 | | | 10.57 | 6.04 | 2.21 | 2.18 | 2.18 | 1.18 | 5,017 | 38 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
10.28 | 0.20 | | (0.29 | ) | (0.09 | ) | 0.16 | | | 0.16 | | | 10.03 | (0.86 | ) | 2.17 | 2.14 | 2.14 | 1.87 | 6,108 | 83 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
9.38 | 0.19 | | 0.88 | 1.07 | 0.17 | | | 0.17 | | | 10.28 | 11.62 | 2.13 | 2.15 | 2.15 | 1.91 | 11,212 | 58 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
8.74 | 0.21 | 0.61 | 0.82 | 0.16 | | 0.02 | 0.18 | | | 9.38 | 9.60 | 2.29 | 2.15 | 2.15 | 2.48 | 16,147 | 93 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
16.79 | 0.46 | (6.82 | ) | (6.36 | ) | 0.44 | 1.20 | 0.05 | 1.69 | | | 8.74 | (41.32 | ) | 2.17 | 2.16 | 2.16 | 3.11 | 21,311 | 46 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
15.72 | 0.39 | 1.86 | 2.25 | 0.43 | 0.75 | | 1.18 | | | 16.79 | 14.94 | 2.01 | 2.01 | 2.01 | 2.53 | 58,093 | 36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
C |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
10.00 | 0.06 | 0.55 | 0.61 | 0.07 | | | 0.07 | | | 10.54 | 6.07 | 2.21 | 2.18 | 2.18 | 1.19 | 20,679 | 38 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
10.26 | 0.20 | | (0.29 | ) | (0.09 | ) | 0.17 | | | 0.17 | | | 10.00 | (0.91 | ) | 2.17 | 2.14 | 2.14 | 1.94 | 21,985 | 83 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
9.36 | 0.19 | | 0.89 | 1.08 | 0.18 | | | 0.18 | | | 10.26 | 11.66 | 2.13 | 2.15 | 2.15 | 1.92 | 28,635 | 58 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
8.72 | 0.21 | 0.61 | 0.82 | 0.16 | | 0.02 | 0.18 | | | 9.36 | 9.63 | 2.29 | 2.15 | 2.15 | 2.48 | 37,687 | 93 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
16.75 | 0.44 | (6.78 | ) | (6.34 | ) | 0.44 | 1.20 | 0.05 | 1.69 | | | 8.72 | (41.29 | ) | 2.17 | 2.16 | 2.16 | 3.13 | 48,567 | 46 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
15.69 | 0.39 | 1.86 | 2.25 | 0.44 | 0.75 | | 1.19 | | | 16.75 | 14.94 | 2.01 | 2.01 | 2.01 | 2.54 | 124,765 | 36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
I |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
10.06 | 0.11 | 0.56 | 0.67 | 0.12 | | | 0.12 | | | 10.61 | 6.64 | 1.17 | 1.14 | 1.14 | 2.23 | 3,054 | 38 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
10.32 | 0.34 | | (0.31 | ) | 0.03 | 0.29 | | | 0.29 | | | 10.06 | 0.21 | 1.03 | 1.00 | 1.00 | 3.21 | 3,261 | 83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
9.42 | 0.27 | | 0.92 | 1.19 | 0.29 | | | 0.29 | | | 10.32 | 12.90 | 0.99 | 1.01 | 1.01 | 2.80 | 12,390 | 58 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
8.78 | 0.29 | | 0.63 | 0.92 | 0.26 | | 0.02 | 0.28 | | | 9.42 | 10.92 | 1.07 | 0.93 | 0.93 | 3.61 | 1,824 | 93 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
16.83 | 0.47 | (6.68 | ) | (6.21 | ) | 0.59 | 1.20 | 0.05 | 1.84 | | | 8.78 | (40.49 | ) | 1.07 | 1.06 | 1.06 | 3.16 | 1,207 | 46 | |||||||||||||||||||||||||||||||||||||||||||||||||||
08-01-07(4)10-31-07 | 15.81 | 0.12 | | 1.03 | 1.15 | 0.13 | | | 0.13 | | | 16.83 | 7.26 | 0.90 | 0.90 | 0.90 | 2.98 | 1 | 36 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
O |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
10.03 | 0.10 | 0.55 | 0.65 | 0.10 | | | 0.10 | | | 10.58 | 6.52 | 1.46 | 1.43 | 1.43 | 1.96 | 13,944 | 38 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
10.29 | 0.28 | (0.29 | ) | (0.01 | ) | 0.25 | | | 0.25 | | | 10.03 | (0.16 | ) | 1.42 | 1.39 | 1.39 | 2.68 | 13,358 | 83 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
9.40 | 0.26 | | 0.89 | 1.15 | 0.26 | | | 0.26 | | | 10.29 | 12.41 | 1.38 | 1.40 | 1.40 | 2.65 | 14,721 | 58 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
8.76 | 0.26 | | 0.62 | 0.88 | 0.22 | | 0.02 | 0.24 | | | 9.40 | 10.41 | 1.54 | 1.40 | 1.40 | 3.18 | 14,920 | 93 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
16.83 | 0.51 | | (6.78 | ) | (6.27 | ) | 0.55 | 1.20 | 0.05 | 1.80 | | | 8.76 | (40.83 | ) | 1.42 | 1.41 | 1.41 | 3.95 | 14,695 | 46 | ||||||||||||||||||||||||||||||||||||||||||||||||||
11-15-06(4)10-31-07 |
15.86 | 0.55 | | 1.74 | 2.29 | 0.57 | 0.75 | | 1.32 | | | 16.83 | 15.12 | 1.26 | 1.26 | 1.26 | 3.46 | 23,737 | 36 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
W |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
11.01 | 0.13 | 0.59 | 0.72 | 0.11 | | | 0.11 | | | 11.62 | 6.60 | 1.21 | 1.18 | 1.18 | 2.20 | 1,570 | 38 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
11.26 | 0.23 | | (0.23 | ) | 0.00 | * | 0.25 | | | 0.25 | | | 11.01 | 0.00 | 1.17 | 1.14 | 1.14 | 1.98 | 1,792 | 83 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
10.25 | 0.31 | | 0.98 | 1.29 | 0.28 | | | 0.28 | | | 11.26 | 12.79 | 1.13 | 1.15 | 1.15 | 2.87 | 37,819 | 58 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
9.53 | 0.26 | | 0.74 | 1.00 | 0.26 | | 0.02 | 0.28 | | | 10.25 | 10.92 | 1.07 | 0.93 | 0.93 | 2.68 | 21,321 | 93 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
02-12-08(4)10-31-08 |
14.51 | 0.35 | (4.83 | ) | (4.48 | ) | 0.46 | | 0.04 | 0.50 | | | 9.53 | (31.78 | ) | 1.07 | 1.06 | 1.06 | 3.38 | 70 | 46 | |||||||||||||||||||||||||||||||||||||||||||||||||||
ING
Global Natural Resources Fund |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
A |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
9.39 | (0.00 | )* | (0.23 | ) | (0.23 | ) | 0.01 | | | 0.01 | 0.01 | | 9.16 | (2.30 | )(b) | 1.52 | 1.52 | 1.52 | (0.04 | ) | 100,203 | 17 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
8.81 | (0.00 | )* | 0.58 | 0.58 | 0.00 | * | | | 0.00 | * | | | 9.39 | 6.63 | 1.46 | 1.46 | 1.46 | (0.02 | ) | 106,363 | 73 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
7.82 | 0.01 | 1.00 | 1.01 | 0.02 | | | 0.02 | | | 8.81 | 12.99 | 1.53 | | 1.53 | | 1.53 | | 0.11 | | 101,577 | 57 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
6.74 | 0.03 | 1.50 | 1.53 | 0.02 | 0.43 | | 0.45 | | | 7.82 | 24.38 | 1.64 | | 1.64 | | 1.64 | | 0.45 | | 99,674 | 81 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
14.18 | 0.05 | (4.92 | ) | (4.87 | ) | 0.11 | 2.46 | | 2.57 | | | 6.74 | (41.12 | ) | 1.46 | | 1.46 | | 1.46 | | 0.37 | | 83,713 | 116 | |||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
10.46 | (0.03 | ) | 4.36 | 4.33 | 0.26 | 0.35 | | 0.61 | | | 14.18 | 43.22 | 1.44 | | 1.44 | | 1.44 | | (0.28 | ) | 157,367 | 121 | |||||||||||||||||||||||||||||||||||||||||||||||||
Class
I |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
9.43 | 0.01 | (0.22 | ) | (0.21 | ) | 0.02 | | | 0.02 | 0.01 | | 9.21 | (2.16 | )(b) | 1.21 | 1.21 | 1.21 | 0.13 | 5,101 | 17 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
8.82 | 0.03 | 0.59 | 0.62 | 0.01 | | | 0.01 | | | 9.43 | 7.04 | 1.13 | 1.13 | 1.13 | 0.31 | 4,961 | 73 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
7.83 | 0.04 | | 1.01 | 1.05 | 0.06 | | | 0.06 | | | 8.82 | 13.43 | 1.11 | | 1.11 | | 1.11 | | 0.52 | | 2,977 | 57 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
6.75 | 0.05 | | 1.52 | 1.57 | 0.06 | 0.43 | | 0.49 | | | 7.83 | 25.10 | 1.19 | | 1.19 | | 1.19 | | 0.68 | | 510 | 81 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
14.19 | 0.12 | | (4.95 | ) | (4.83 | ) | 0.15 | 2.46 | | 2.61 | | | 6.75 | (40.87 | ) | 1.11 | | 1.11 | | 1.11 | | 1.04 | | 1 | 116 | ||||||||||||||||||||||||||||||||||||||||||||||
08-01-07(4)10-31-07 |
12.07 | 0.00 | * | 2.12 | 2.12 | | | | | | | 14.19 | 17.56 | 1.08 | | 1.08 | | 1.08 | | 0.09 | | 2 | 121 |
Income (loss) from investment operations |
|
Less distributions |
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Ratios to average net assets |
Supplemental data |
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Net asset value, beginning of year or period |
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Net investment income (loss) |
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Net realized and unrealized gain (loss) |
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Total from investment operations |
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From net investment income |
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From net realized gains |
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From return of capital |
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Total distributions |
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Payments from Distribution settlement/ affiliate |
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Redemption fees applied to capital |
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Net asset value, end of year or period |
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Total Return (1) |
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Expenses before reductions/ additions (2) |
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Expenses net of fee waivers and/or recoupments, if any(2)(3) |
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Expenses net of all reductions/ additions (2)(3) |
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Net investment income (loss) (2)(3) |
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Net assets, end of year or period |
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Portfolio turnover rate | ||||||||||||||||||||||||||||||||||||||
Year or period ended |
($) |
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($) |
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($) |
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($) |
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($) |
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($) |
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($) |
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($) |
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(%) |
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(%) |
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($000s) |
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ING Global Natural Resources Fund (continued) |
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Class
W |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
11.86 | 0.01 | (0.28 | ) | (0.27 | ) | 0.02 | | | 0.02 | 0.01 | | 11.58 | (2.22 | )(b) | 1.27 | 1.27 | 1.27 | 0.14 | 2,017 | 17 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
11.10 | 0.03 | 0.74 | 0.77 | 0.01 | | | 0.01 | | | 11.86 | 6.91 | 1.21 | 1.21 | 1.21 | 0.20 | 1,741 | 73 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
9.86 | 0.05 | 1.24 | 1.29 | 0.05 | | | 0.05 | | | 11.10 | 13.17 | 1.28 | | 1.28 | | 1.28 | | 0.36 | | 378 | 57 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
8.39 | 0.05 | | 1.91 | 1.96 | 0.06 | 0.43 | | 0.49 | | | 9.86 | 24.84 | 1.19 | | 1.19 | | 1.19 | | 0.64 | | 186 | 81 | |||||||||||||||||||||||||||||||||||||||||||||||||
02-12-08(4)10-31-08 |
12.84 | 0.03 | | (4.48 | ) | (4.45 | ) | | | | | | | 8.39 | (34.66 | ) | 1.11 | | 1.11 | | 1.11 | | 0.38 | | 27 | 116 | ||||||||||||||||||||||||||||||||||||||||||||||
ING
Global Opportunities Fund |
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Class
A |
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04-30-12 |
13.21 | 0.04 | 0.79 | 0.83 | | | | | | | 14.04 | 6.28 | 1.67 | 1.50 | 1.50 | 0.49 | 27,204 | 14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
14.07 | 0.01 | (0.55 | ) | (0.54 | ) | 0.32 | | | 0.32 | | | 13.21 | (3.96 | ) | 1.72 | 1.51 | 1.51 | 0.13 | 30,587 | 67 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
12.85 | 0.05 | | 1.17 | 1.22 | | | | | | | 14.07 | 9.49 | 1.84 | 1.63 | 1.63 | 0.39 | 55,541 | 156 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
11.68 | 0.12 | | 1.50 | 1.62 | 0.45 | | | 0.45 | | | 12.85 | 14.38 | 1.78 | | 1.70 | | 1.70 | | 1.13 | | 93,829 | 176 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
23.54 | 0.18 | | (10.65 | ) | (10.47 | ) | | 1.39 | | 1.39 | | | 11.68 | (47.01 | ) | 1.61 | | 1.60 | | 1.60 | | 0.93 | | 151,246 | 116 | ||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
18.56 | 0.10 | 5.56 | 5.66 | | 0.68 | | 0.68 | | | 23.54 | 31.32 | 1.54 | 1.54 | 1.54 | 0.59 | 349,917 | 69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
B |
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04-30-12 |
12.62 | (0.02 | ) | 0.77 | 0.75 | | | | | | | 13.37 | 5.94 | 2.42 | 2.25 | 2.25 | (0.28 | ) | 3,484 | 14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
13.44 | (0.09 | ) | (0.54 | ) | (0.63 | ) | 0.19 | | | 0.19 | | | 12.62 | (4.78 | ) | 2.47 | 2.26 | 2.26 | (0.63 | ) | 4,793 | 67 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
12.36 | (0.04 | ) | 1.12 | 1.08 | | | | | | | 13.44 | 8.74 | 2.59 | 2.38 | 2.38 | (0.35 | ) | 9,094 | 156 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
11.19 | 0.04 | | 1.43 | 1.47 | 0.30 | | | 0.30 | | | 12.36 | 13.42 | 2.53 | | 2.45 | | 2.45 | | 0.38 | | 14,077 | 176 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
22.78 | 0.02 | | (10.22 | ) | (10.20 | ) | | 1.39 | | 1.39 | | | 11.19 | (47.42 | ) | 2.36 | | 2.35 | | 2.35 | | 0.11 | | 18,831 | 116 | ||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
18.11 | (0.03 | ) | 5.38 | 5.35 | | 0.68 | | 0.68 | | | 22.78 | 30.35 | 2.29 | 2.29 | 2.29 | (0.16 | ) | 50,276 | 69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
C |
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04-30-12 |
12.62 | (0.02 | ) | 0.77 | 0.75 | | | | | | | 13.37 | 5.94 | 2.42 | 2.25 | 2.25 | (0.26 | ) | 22,473 | 14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
13.44 | (0.09 | ) | (0.54 | ) | (0.63 | ) | 0.19 | | | 0.19 | | | 12.62 | (4.76 | ) | 2.47 | 2.26 | 2.26 | (0.63 | ) | 25,973 | 67 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
12.36 | (0.04 | ) | 1.12 | 1.08 | | | | | | | 13.44 | 8.74 | 2.59 | 2.38 | 2.38 | (0.35 | ) | 49,256 | 156 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
11.21 | 0.04 | | 1.43 | 1.47 | 0.32 | | | 0.32 | | | 12.36 | 13.43 | 2.53 | | 2.45 | | 2.45 | | 0.38 | | 76,677 | 176 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
22.81 | 0.03 | | (10.24 | ) | (10.21 | ) | | 1.39 | | 1.39 | | | 11.21 | (47.40 | ) | 2.36 | | 2.35 | | 2.35 | | 0.14 | | 102,274 | 116 | ||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
18.14 | (0.03 | ) | 5.38 | 5.35 | | 0.68 | | 0.68 | | | 22.81 | 30.30 | 2.29 | 2.29 | 2.29 | (0.14 | ) | 232,439 | 69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
I |
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04-30-12 |
13.50 | 0.07 | 0.81 | 0.88 | | | | | | | 14.38 | 6.52 | 1.22 | 1.05 | 1.05 | 0.91 | 3,432 | 14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
14.38 | 0.09 | | (0.58 | ) | (0.49 | ) | 0.39 | | | 0.39 | | | 13.50 | (3.55 | ) | 1.41 | 1.06 | 1.06 | 0.59 | 4,117 | 67 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
13.08 | 0.13 | | 1.17 | 1.30 | | | | | | | 14.38 | 9.94 | 1.38 | 1.31 | 1.31 | 0.94 | 9,467 | 156 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
11.92 | 0.16 | | 1.54 | 1.70 | 0.54 | | | 0.54 | | | 13.08 | 14.82 | 1.33 | | 1.31 | | 1.31 | | 1.44 | | 65,256 | 176 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
23.91 | 0.24 | | (10.84 | ) | (10.60 | ) | | 1.39 | | 1.39 | | | 11.92 | (46.82 | ) | 1.28 | | 1.27 | | 1.27 | | 1.26 | | 68,020 | 116 | ||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
18.78 | 0.16 | 5.65 | 5.81 | | 0.68 | | 0.68 | | | 23.91 | 31.76 | 1.21 | 1.21 | 1.21 | 0.94 | 108,732 | 69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
W |
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04-30-12 |
14.47 | 0.06 | 0.88 | 0.94 | | | | | | | 15.41 | 6.50 | 1.42 | 1.25 | 1.25 | 0.75 | 83 | 14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
15.36 | 0.03 | | (0.62 | ) | (0.59 | ) | 0.30 | | | 0.30 | | | 14.47 | (3.94 | ) | 1.47 | 1.26 | 1.26 | 0.20 | 94 | 67 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
13.98 | 0.10 | | 1.28 | 1.38 | | | | | | | 15.36 | 9.87 | 1.59 | 1.38 | 1.38 | 0.68 | 1,486 | 156 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
12.71 | 0.18 | | 1.63 | 1.81 | 0.54 | | | 0.54 | | | 13.98 | 14.79 | 1.33 | | 1.31 | | 1.31 | | 1.47 | | 566 | 176 | |||||||||||||||||||||||||||||||||||||||||||||||||
02-12-08(4)10-31-08 |
20.48 | 0.27 | | (8.04 | ) | (7.77 | ) | | | | | | | 12.71 | (37.94 | ) | 1.28 | | 1.27 | | 1.27 | | 2.03 | | 296 | 116 | ||||||||||||||||||||||||||||||||||||||||||||||
ING
Global Real Estate Fund |
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Class
A |
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04-30-12 |
15.74 | 0.12 | 1.30 | 1.42 | 0.07 | | 0.08 | 0.15 | | | 17.01 | 9.12 | 1.33 | 1.33 | 1.33 | 1.52 | 1,307,700 | 18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
16.25 | 0.23 | (0.15 | ) | 0.08 | 0.45 | | 0.14 | 0.59 | | | 15.74 | 0.52 | 1.31 | | 1.31 | | 1.31 | | 1.34 | | 1,212,619 | 37 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
14.26 | 0.23 | | 2.55 | 2.78 | 0.79 | | | 0.79 | | | 16.25 | 20.20 | 1.39 | | 1.39 | | 1.39 | | 1.58 | | 1,179,941 | 53 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
12.56 | 0.32 | | 1.75 | 2.07 | 0.27 | 0.01 | 0.09 | 0.37 | | | 14.26 | 17.37 | 1.49 | | 1.49 | | 1.49 | | 2.74 | | 893,470 | 66 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
24.19 | 0.33 | | (11.19 | ) | (10.86 | ) | 0.73 | 0.04 | | 0.77 | | | 12.56 | (46.00 | ) | 1.41 | | 1.41 | | 1.41 | | 1.76 | | 836,314 | 44 | ||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
22.23 | 0.22 | | 3.13 | 3.35 | 1.08 | 0.31 | | 1.39 | | | 24.19 | 15.44 | 1.30 | 1.30 | 1.30 | 0.96 | 1,115,493 | 57 |
Income (loss) from investment operations |
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Less distributions |
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Ratios to average net assets |
Supplemental data |
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Net asset value, beginning of year or period |
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Net investment income (loss) |
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Net realized and unrealized gain (loss) |
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Total from investment operations |
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From net investment income |
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From net realized gains |
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From return of capital |
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Total distributions |
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Payments from Distribution settlement/ affiliate |
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Redemption fees applied to capital |
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Net asset value, end of year or period |
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Total Return (1) |
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Expenses before reductions/ additions (2) |
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Expenses net of fee waivers and/or recoupments, if any(2)(3) |
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Expenses net of all reductions/ additions (2)(3) |
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Net investment income (loss) (2)(3) |
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Net assets, end of year or period |
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Portfolio turnover rate | ||||||||||||||||||||||||||||||||||||||
Year or period ended |
($) |
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($) |
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($) |
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($) |
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($000s) |
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ING Global Real Estate Fund (continued) |
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Class
B |
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04-30-12 |
13.02 | 0.05 | | 1.07 | 1.12 | 0.03 | | 0.08 | 0.11 | | | 14.03 | 8.65 | 2.08 | 2.08 | 2.08 | 0.75 | 13,863 | 18 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
13.54 | 0.08 | | (0.11 | ) | (0.03 | ) | 0.35 | | 0.14 | 0.49 | | | 13.02 | (0.19 | ) | 2.06 | | 2.06 | | 2.06 | | 0.57 | | 14,716 | 37 | ||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
12.01 | 0.11 | | 2.13 | 2.24 | 0.71 | | | 0.71 | | | 13.54 | 19.33 | 2.14 | | 2.14 | | 2.14 | | 0.88 | | 20,350 | 53 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
10.66 | 0.20 | | 1.46 | 1.66 | 0.22 | 0.01 | 0.08 | 0.31 | | | 12.01 | 16.39 | 2.24 | | 2.24 | | 2.24 | | 2.06 | | 22,218 | 66 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
20.67 | 0.16 | | (9.52 | ) | (9.36 | ) | 0.61 | 0.04 | | 0.65 | | | 10.66 | (46.40 | ) | 2.16 | | 2.16 | | 2.16 | | 0.99 | | 23,663 | 44 | ||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
19.20 | 0.04 | | 2.69 | 2.73 | 0.95 | 0.31 | | 1.26 | | | 20.67 | 14.59 | 2.05 | 2.05 | 2.05 | 0.22 | 57,837 | 57 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
C |
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04-30-12 |
13.81 | 0.05 | | 1.15 | 1.20 | 0.03 | | 0.08 | 0.11 | | | 14.90 | 8.71 | 2.08 | 2.08 | 2.08 | 0.75 | 210,710 | 18 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
14.33 | 0.10 | (0.13 | ) | (0.03 | ) | 0.35 | | 0.14 | 0.49 | | | 13.81 | (0.19 | ) | 2.06 | | 2.06 | | 2.06 | | 0.58 | | 207,588 | 37 | |||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
12.67 | 0.11 | | 2.26 | 2.37 | 0.71 | | | 0.71 | | | 14.33 | 19.33 | 2.14 | | 2.14 | | 2.14 | | 0.83 | | 201,027 | 53 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
11.22 | 0.21 | | 1.54 | 1.75 | 0.22 | 0.01 | 0.07 | 0.30 | | | 12.67 | 16.40 | 2.24 | | 2.24 | | 2.24 | | 2.03 | | 149,943 | 66 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
21.70 | 0.16 | (9.99 | ) | (9.83 | ) | 0.61 | 0.04 | | 0.65 | | | 11.22 | (46.38 | ) | 2.16 | | 2.16 | | 2.16 | | 0.99 | | 153,110 | 44 | |||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
20.10 | 0.04 | | 2.82 | 2.86 | 0.95 | 0.31 | | 1.26 | | | 21.70 | 14.57 | 2.05 | 2.05 | 2.05 | 0.20 | 303,235 | 57 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
I |
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04-30-12 |
15.75 | 0.14 | | 1.30 | 1.44 | 0.10 | | 0.08 | 0.18 | | | 17.01 | 9.23 | 1.00 | 1.00 | 1.00 | 1.83 | 2,167,016 | 18 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
16.25 | 0.27 | | (0.12 | ) | 0.15 | 0.51 | | 0.14 | 0.65 | | | 15.75 | 0.92 | 0.99 | | 0.99 | | 0.99 | | 1.65 | | 1,709,220 | 37 | ||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
14.26 | 0.28 | | 2.56 | 2.84 | 0.85 | | | 0.85 | | | 16.25 | 20.65 | 0.99 | | 0.99 | | 0.99 | | 1.89 | | 1,232,413 | 53 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
12.57 | 0.35 | | 1.76 | 2.11 | 0.30 | 0.01 | 0.11 | 0.42 | | | 14.26 | 17.76 | 1.12 | | 1.12 | | 1.12 | | 2.96 | | 457,742 | 66 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
24.21 | 0.38 | | (11.17 | ) | (10.79 | ) | 0.81 | 0.04 | | 0.85 | | | 12.57 | (45.77 | ) | 1.01 | | 1.01 | | 1.01 | | 2.12 | | 225,881 | 44 | ||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
22.23 | 0.28 | | 3.16 | 3.44 | 1.15 | 0.31 | | 1.46 | | | 24.21 | 15.88 | 0.95 | 0.95 | 0.95 | 1.24 | 76,869 | 57 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
O |
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04-30-12 |
15.74 | 0.12 | 1.30 | 1.42 | 0.07 | | 0.08 | 0.15 | | | 17.01 | 9.12 | 1.33 | 1.33 | 1.33 | 1.51 | 14,275 | 18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
16.25 | 0.20 | (0.12 | ) | 0.08 | 0.45 | | 0.14 | 0.59 | | | 15.74 | 0.51 | 1.31 | | 1.31 | | 1.31 | | 1.33 | | 13,521 | 37 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
14.26 | 0.24 | | 2.54 | 2.78 | 0.79 | | | 0.79 | | | 16.25 | 20.19 | 1.39 | | 1.39 | | 1.39 | | 1.61 | | 14,861 | 53 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
12.55 | 0.32 | | 1.76 | 2.08 | 0.27 | 0.01 | 0.09 | 0.37 | | | 14.26 | 17.38 | 1.49 | | 1.49 | | 1.49 | | 2.76 | | 13,575 | 66 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
24.19 | 0.33 | | (11.19 | ) | (10.86 | ) | 0.74 | 0.04 | | 0.78 | | | 12.55 | (46.03 | ) | 1.41 | | 1.41 | | 1.41 | | 1.74 | | 12,758 | 44 | ||||||||||||||||||||||||||||||||||||||||||||||
11-15-06(4)10-31-07 |
22.20 | 0.20 | | 3.20 | 3.40 | 1.10 | 0.31 | | 1.41 | | | 24.19 | 15.68 | 1.30 | 1.30 | 1.30 | 0.90 | 26,137 | 57 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
R |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
15.73 | 0.10 | * | 1.29 | 1.39 | 0.06 | | 0.08 | 0.14 | | | 16.98 | 8.93 | 1.58 | 1.58 | 1.58 | 1.27 | 194 | 18 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
08-05-11(4)10-31-11 |
15.54 | (0.02 | ) | 0.31 | 0.29 | 0.05 | | 0.05 | 0.10 | | | 15.73 | 1.98 | 1.56 | | 1.56 | | 1.56 | | (0.56 | ) | 3 | 37 | |||||||||||||||||||||||||||||||||||||||||||||||||
Class
W |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
15.77 | 0.14 | 1.30 | 1.44 | 0.09 | | 0.08 | 0.17 | | | 17.04 | 9.23 | 1.08 | 1.08 | 1.08 | 1.75 | 295,889 | 18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
16.28 | 0.26 | | (0.14 | ) | 0.12 | 0.49 | | 0.14 | 0.63 | | | 15.77 | 0.78 | 1.06 | | 1.06 | | 1.06 | | 1.59 | | 283,208 | 37 | ||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
14.28 | 0.27 | | 2.56 | 2.83 | 0.83 | | | 0.83 | | | 16.28 | 20.52 | 1.14 | | 1.14 | | 1.14 | | 1.81 | | 248,192 | 53 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
12.59 | 0.34 | | 1.78 | 2.12 | 0.31 | 0.01 | 0.11 | 0.43 | | | 14.28 | 17.78 | 1.12 | | 1.12 | | 1.12 | | 2.88 | | 151,558 | 66 | |||||||||||||||||||||||||||||||||||||||||||||||||
02-12-08(4)10-31-08 |
19.29 | 0.28 | (6.65 | ) | (6.37 | ) | 0.33 | | | 0.33 | | | 12.59 | (33.53 | ) | 1.01 | | 1.01 | | 1.01 | | 1.95 | | 50,233 | 44 | |||||||||||||||||||||||||||||||||||||||||||||||
ING
Global Value Choice Fund |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
A |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
32.23 | 0.09 | | (2.68 | ) | (2.59 | ) | 0.31 | 3.05 | | 3.36 | 0.02 | | 26.30 | (8.19 | )(c) | 1.53 | 1.50 | 1.46 | 0.62 | 131,779 | 18 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
31.83 | 0.21 | 0.66 | 0.87 | 0.47 | | | 0.47 | | | 32.23 | 2.69 | 1.43 | 1.43 | 1.42 | 0.70 | 233,166 | 67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
26.25 | 0.10 | 5.61 | 5.71 | 0.17 | | | 0.17 | 0.04 | | 31.83 | 21.97 | (d) | 1.50 | 1.49 | 1.48 | 0.44 | 200,835 | 49 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
16.84 | 0.12 | | 9.29 | 9.41 | | | | | | | 26.25 | 55.88 | 1.58 | | 1.50 | | 1.49 | | 0.56 | | 107,499 | 81 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
28.40 | 0.11 | (11.51 | ) | (11.40 | ) | 0.16 | | | 0.16 | | | 16.84 | (40.34 | ) | 1.62 | | 1.55 | | 1.53 | | 0.41 | | 38,258 | 73 | |||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
21.72 | 0.01 | 6.67 | 6.68 | | | | | | | 28.40 | 30.76 | 1.77 | 1.82 | 1.81 | 0.04 | 58,600 | 66 |
Income (loss) from investment operations |
|
Less distributions |
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Ratios to average net assets |
Supplemental data |
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Net asset value, beginning of year or period |
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Net investment income (loss) |
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Net realized and unrealized gain (loss) |
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Total from investment operations |
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From net investment income |
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From net realized gains |
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From return of capital |
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Total distributions |
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Payments from Distribution settlement/ affiliate |
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Redemption fees applied to capital |
|
Net asset value, end of year or period |
|
Total Return (1) |
|
Expenses before reductions/ additions (2) |
|
Expenses net of fee waivers and/or recoupments, if any(2)(3) |
|
Expenses net of all reductions/ additions (2)(3) |
|
Net investment income (loss) (2)(3) |
|
Net assets, end of year or period |
|
Portfolio turnover rate | ||||||||||||||||||||||||||||||||||||||
Year or period ended |
($) |
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($) |
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($) |
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($) |
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($) |
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($) |
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($) |
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($) |
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($) |
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($) |
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($) |
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(%) |
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(%) |
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(%) |
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(%) |
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(%) |
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($000s) |
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(%) | |||||||||||||||||||||||||||||||||||||
ING Global Value Choice Fund (continued) |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
B |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
34.28 | (0.00 | )* | (2.87 | ) | (2.87 | ) | | 3.05 | | 3.05 | 0.02 | | 28.38 | (8.52 | )(c) | 2.28 | 2.25 | 2.21 | (0.02 | ) | 4,349 | 18 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
33.82 | (0.04 | ) | 0.70 | 0.66 | 0.20 | | | 0.20 | | | 34.28 | 1.94 | 2.18 | 2.18 | 2.17 | (0.12 | ) | 5,771 | 67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
28.00 | (0.11 | ) | 5.96 | 5.85 | 0.07 | | | 0.07 | 0.04 | | 33.82 | 21.07 | (d) | 2.25 | 2.24 | 2.23 | (0.34 | ) | 7,557 | 49 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
18.10 | (0.05 | ) | 9.95 | 9.90 | | | | | | | 28.00 | 54.70 | 2.33 | | 2.25 | | 2.24 | | (0.19 | ) | 7,105 | 81 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
30.58 | (0.11 | ) | (12.37 | ) | (12.48 | ) | | | | | | | 18.10 | (40.81 | ) | 2.37 | | 2.30 | | 2.28 | | (0.39 | ) | 6,722 | 73 | ||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
23.54 | (0.17 | ) | 7.21 | 7.04 | | | | | | | 30.58 | 29.91 | 2.42 | 2.47 | 2.46 | (0.62 | ) | 22,049 | 66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
C |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
30.27 | (0.01 | ) | (2.52 | ) | (2.53 | ) | 0.08 | 3.05 | | 3.13 | 0.02 | | 24.63 | (8.51 | )(c) | 2.28 | 2.25 | 2.21 | (0.10 | ) | 85,015 | 18 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
30.03 | (0.01 | ) | 0.60 | 0.59 | 0.35 | | | 0.35 | | | 30.27 | 1.93 | 2.18 | 2.18 | 2.17 | (0.05 | ) | 134,665 | 67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
24.88 | (0.09 | ) | 5.28 | 5.19 | 0.08 | | | 0.08 | 0.04 | | 30.03 | 21.04 | (d) | 2.25 | 2.24 | 2.23 | (0.33 | ) | 103,709 | 49 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
16.08 | (0.05 | ) | 8.85 | 8.80 | | | | | | | 24.88 | 54.73 | 2.33 | | 2.25 | | 2.24 | | (0.30 | ) | 48,308 | 81 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
27.18 | (0.09 | ) | (10.99 | ) | (11.08 | ) | 0.02 | | | 0.02 | | | 16.08 | (40.79 | ) | 2.37 | | 2.30 | | 2.28 | | (0.36 | ) | 21,045 | 73 | ||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
20.93 | (0.14 | ) | 6.39 | 6.25 | | | | | | | 27.18 | 29.86 | 2.42 | 2.47 | 2.46 | (0.60 | ) | 39,537 | 66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
I |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
32.58 | 0.09 | | (2.67 | ) | (2.58 | ) | 0.43 | 3.05 | | 3.48 | 0.02 | | 26.54 | (8.06 | )(c) | 1.21 | 1.21 | 1.17 | 0.62 | 63,207 | 18 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
32.14 | 0.37 | | 0.62 | 0.99 | 0.55 | | | 0.55 | | | 32.58 | 3.04 | 1.08 | 1.08 | 1.07 | 1.09 | 241,105 | 67 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
26.46 | 0.25 | | 5.63 | 5.88 | 0.24 | | | 0.24 | 0.04 | | 32.14 | 22.49 | (d) | 1.12 | 1.11 | 1.10 | 0.84 | 152,120 | 49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
16.92 | 0.18 | | 9.36 | 9.54 | | | | | | | 26.46 | 56.38 | 1.18 | | 1.17 | | 1.16 | | 0.82 | | 10,388 | 81 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
28.57 | 0.22 | (11.59 | ) | (11.37 | ) | 0.28 | | | 0.28 | | | 16.92 | (40.13 | ) | 1.22 | | 1.22 | | 1.20 | | 0.76 | | 5,794 | 73 | |||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
21.73 | 0.15 | 6.69 | 6.84 | | | | | | | 28.57 | 31.48 | 1.25 | 1.30 | 1.29 | 0.67 | 7,845 | 66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
W |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
32.50 | 0.15 | (2.72 | ) | (2.57 | ) | 0.39 | 3.05 | | 3.44 | 0.02 | | 26.51 | (8.06 | )(c) | 1.28 | 1.25 | 1.21 | 0.91 | 16,989 | 18 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
32.07 | 0.29 | | 0.68 | 0.97 | 0.54 | | | 0.54 | | | 32.50 | 2.98 | 1.18 | 1.18 | 1.17 | 0.87 | 25,458 | 67 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
26.46 | 0.21 | | 5.60 | 5.81 | 0.24 | | | 0.24 | 0.04 | | 32.07 | 22.23 | (d) | 1.25 | 1.24 | 1.23 | 0.73 | 30,105 | 49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
06-01-09(4)10-31-09 |
24.24 | (0.08 | ) | 2.30 | 2.22 | | | | | | | 26.46 | 9.16 | 1.18 | | 1.17 | | 1.16 | | (0.79 | ) | 250 | 81 | |||||||||||||||||||||||||||||||||||||||||||||||||
ING
Greater China Fund |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
A |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
14.19 | (0.13 | ) | 0.62 | 0.49 | | | | | | | 14.68 | 3.45 | 2.45 | 2.10 | 2.10 | (1.75 | ) | 19,583 | 37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
16.40 | 0.05 | (2.08 | ) | (2.03 | ) | 0.18 | | | 0.18 | | | 14.19 | (12.53 | ) | 2.11 | 2.10 | 2.10 | 0.29 | 21,370 | 129 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
14.28 | 0.04 | | 2.29 | 2.33 | 0.21 | | | 0.21 | | | 16.40 | 16.49 | 2.11 | 2.10 | 2.10 | 0.27 | 29,947 | 90 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
9.24 | 0.07 | | 5.78 | 5.85 | 0.21 | 0.60 | | 0.81 | | | 14.28 | 67.10 | 2.29 | 2.11 | 2.11 | 0.58 | 32,860 | 134 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
24.43 | 0.05 | | (13.12 | ) | (13.07 | ) | 0.06 | 2.06 | | 2.12 | | | 9.24 | (57.63 | ) | 1.96 | 1.96 | 1.96 | 0.32 | 20,481 | 159 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
12.49 | 0.07 | 11.93 | 12.00 | 0.06 | 0.00 | * | | 0.06 | | | 24.43 | 96.41 | 1.91 | 1.91 | 1.91 | 0.54 | 73,804 | 109 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
B |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
13.99 | (0.18 | ) | 0.61 | 0.43 | | | | | | | 14.42 | 3.07 | 3.20 | 2.85 | 2.85 | (2.51 | ) | 1,717 | 37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
16.18 | (0.08 | ) | (2.04 | ) | (2.12 | ) | 0.07 | | | 0.07 | | | 13.99 | (13.14 | ) | 2.86 | 2.85 | 2.85 | (0.51 | ) | 1,771 | 129 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
14.11 | (0.07 | ) | 2.26 | 2.19 | 0.12 | | | 0.12 | | | 16.18 | 15.61 | 2.86 | 2.85 | 2.85 | (0.45 | ) | 2,772 | 90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
9.08 | (0.03 | ) | 5.72 | 5.69 | 0.06 | 0.60 | | 0.66 | | | 14.11 | 65.73 | 3.04 | 2.86 | 2.86 | (0.29 | ) | 3,246 | 134 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
24.14 | (0.05 | ) | (12.95 | ) | (13.00 | ) | | 2.06 | | 2.06 | | | 9.08 | (57.95 | ) | 2.71 | 2.71 | 2.71 | (0.33 | ) | 1,901 | 159 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
12.42 | (0.03 | ) | 11.79 | 11.76 | 0.04 | 0.00 | * | | 0.04 | | | 24.14 | 94.92 | 2.66 | 2.66 | 2.66 | (0.19 | ) | 7,414 | 109 | |||||||||||||||||||||||||||||||||||||||||||||||||||
Class
C |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
13.99 | (0.18 | ) | 0.61 | 0.43 | | | | | | | 14.42 | 3.07 | 3.20 | 2.85 | 2.85 | (2.50 | ) | 3,315 | 37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
16.19 | (0.06 | ) | (2.06 | ) | (2.12 | ) | 0.08 | | | 0.08 | | | 13.99 | (13.16 | ) | 2.86 | 2.85 | 2.85 | (0.39 | ) | 4,186 | 129 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
14.15 | (0.08 | ) | 2.28 | 2.20 | 0.16 | | | 0.16 | | | 16.19 | 15.64 | 2.86 | 2.85 | 2.85 | (0.53 | ) | 5,772 | 90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
9.09 | (0.02 | ) | 5.73 | 5.71 | 0.05 | 0.60 | | 0.65 | | | 14.15 | 65.77 | 3.04 | 2.86 | 2.86 | (0.15 | ) | 6,182 | 134 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
24.16 | (0.09 | ) | (12.92 | ) | (13.01 | ) | | 2.06 | | 2.06 | | | 9.09 | (57.94 | ) | 2.71 | 2.71 | 2.71 | (0.52 | ) | 2,694 | 159 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
12.43 | (0.03 | ) | 11.79 | 11.76 | 0.03 | 0.00 | * | | 0.03 | | | 24.16 | 94.75 | 2.66 | 2.66 | 2.66 | (0.20 | ) | 12,386 | 109 |
Income (loss) from investment operations |
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Less distributions |
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Ratios to average net assets |
Supplemental data |
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Net asset value, beginning of year or period |
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Net investment income (loss) |
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Net realized and unrealized gain (loss) |
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Total from investment operations |
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From net investment income |
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From net realized gains |
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From return of capital |
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Total distributions |
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Payments from Distribution settlement/ affiliate |
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Redemption fees applied to capital |
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Net asset value, end of year or period |
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Total Return (1) |
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Expenses before reductions/ additions (2) |
|
Expenses net of fee waivers and/or recoupments, if any(2)(3) |
|
Expenses net of all reductions/ additions (2)(3) |
|
Net investment income (loss) (2)(3) |
|
Net assets, end of year or period |
|
Portfolio turnover rate | ||||||||||||||||||||||||||||||||||||||
Year or period ended |
($) |
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($) |
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($) |
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($) |
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($) |
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($) |
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($) |
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($) |
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($) |
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($) |
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($000s) |
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ING Greater China Fund (continued) |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
I |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
14.23 | (0.09 | ) | 0.61 | 0.52 | | | | | | | 14.75 | 3.65 | 2.03 | 1.68 | 1.68 | (1.37 | ) | 2,552 | 37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
16.44 | 0.12 | | (2.10 | ) | (1.98 | ) | 0.23 | | | 0.23 | | | 14.23 | (12.20 | ) | 1.78 | 1.77 | 1.77 | 0.74 | 1,924 | 129 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
14.31 | 0.17 | | 2.23 | 2.40 | 0.27 | | | 0.27 | | | 16.44 | 16.97 | 1.72 | 1.71 | 1.71 | 1.15 | 2,212 | 90 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
9.28 | 0.19 | | 5.72 | 5.91 | 0.28 | 0.60 | | 0.88 | | | 14.31 | 67.79 | 1.86 | 1.68 | 1.68 | 1.48 | 690 | 134 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
24.46 | 0.16 | | (13.18 | ) | (13.02 | ) | 0.10 | 2.06 | | 2.16 | | | 9.28 | (57.42 | ) | 1.70 | 1.70 | 1.70 | 1.02 | 39 | 159 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
12.50 | 0.11 | 11.93 | 12.04 | 0.08 | 0.00 | * | | 0.08 | | | 24.46 | 96.81 | 1.66 | 1.66 | 1.66 | 0.73 | 52 | 109 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
O |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
14.07 | (0.13 | ) | 0.62 | 0.49 | | | | | | | 14.56 | 3.48 | 2.45 | 2.10 | 2.10 | (1.76 | ) | 4,528 | 37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
16.27 | 0.07 | (2.08 | ) | (2.01 | ) | 0.19 | | | 0.19 | | | 14.07 | (12.51 | ) | 2.11 | 2.10 | 2.10 | 0.48 | 4,636 | 129 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
14.19 | 0.07 | | 2.24 | 2.31 | 0.23 | | | 0.23 | | | 16.27 | 16.49 | 2.11 | 2.10 | 2.10 | 0.49 | 4,530 | 90 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
9.26 | 0.11 | | 5.70 | 5.81 | 0.28 | 0.60 | | 0.88 | | | 14.19 | 66.79 | 2.29 | 2.11 | 2.11 | 0.85 | 2,966 | 134 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
06-04-08(4)10-31-08 |
16.83 | 0.11 | | (7.68 | ) | (7.57 | ) | | | | | | | 9.26 | (44.98 | ) | 1.96 | 1.96 | 1.96 | 2.23 | 206 | 159 | ||||||||||||||||||||||||||||||||||||||||||||||||||
Class
W |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
14.23 | (0.11 | ) | 0.61 | 0.50 | | | | | | | 14.73 | 3.51 | 2.20 | 1.85 | 1.85 | (1.50 | ) | 3 | 37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
08-05-11(4)10-31-11 |
15.51 | 0.02 | (1.30 | ) | (1.28 | ) | 0.00 | * | | | 0.00 | * | | | 14.23 | (8.25 | ) | 1.86 | 1.85 | 1.85 | 0.61 | 3 | 129 | |||||||||||||||||||||||||||||||||||||||||||||||||
ING
Index Plus International Equity Fund |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
A |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
7.77 | 0.11 | 0.06 | 0.17 | 0.19 | | | 0.19 | | | 7.75 | 2.38 | 1.55 | 1.15 | 1.15 | 2.88 | 7,283 | 78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
8.36 | 0.18 | (0.66 | ) | (0.48 | ) | 0.11 | | | 0.11 | | | 7.77 | (5.81 | ) | 1.48 | | 1.15 | | 1.15 | | 1.98 | | 7,322 | 140 | |||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
7.80 | 0.13 | 0.58 | 0.71 | 0.15 | | | 0.15 | 0.00 | * | 0.00 | 8.36 | 9.17 | (e) | 1.31 | | 1.16 | | 1.16 | | 1.65 | | 8,969 | 171 | ||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
6.35 | 0.16 | | 1.49 | 1.65 | 0.23 | | | 0.23 | 0.03 | | 7.80 | 27.40 | (f) | 1.53 | 1.15 | 1.15 | 2.58 | 8,828 | 169 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
13.95 | 0.19 | | (6.24 | ) | (6.05 | ) | 0.18 | 1.37 | | 1.55 | | | 6.35 | (48.51 | ) | 1.73 | 1.30 | 1.30 | 1.93 | 9,446 | 215 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
11.68 | 0.14 | | 2.48 | 2.62 | 0.08 | 0.27 | | 0.35 | | | 13.95 | 22.98 | 1.13 | 1.16 | 1.16 | 1.17 | 2,233 | 213 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
B |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
7.79 | 0.08 | | 0.07 | 0.15 | 0.09 | | | 0.09 | | | 7.85 | 2.09 | 2.30 | 1.90 | 1.90 | 2.04 | 320 | 78 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
8.36 | 0.10 | | (0.64 | ) | (0.54 | ) | 0.03 | | | 0.03 | | | 7.79 | (6.47 | ) | 2.23 | | 1.90 | | 1.90 | | 1.16 | | 387 | 140 | ||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
7.80 | 0.06 | | 0.58 | 0.64 | 0.08 | | | 0.08 | 0.00 | * | | 8.36 | 8.30 | (e) | 2.06 | | 1.91 | | 1.91 | | 0.86 | | 772 | 171 | |||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
6.29 | 0.11 | | 1.49 | 1.60 | 0.12 | | | 0.12 | 0.03 | | 7.80 | 26.41 | (f) | 2.28 | 1.90 | 1.90 | 1.74 | 1,221 | 169 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
13.90 | 0.12 | | (6.20 | ) | (6.08 | ) | 0.16 | 1.37 | | 1.53 | | | 6.29 | (48.88 | ) | 2.48 | 2.05 | 2.05 | 1.22 | 1,571 | 215 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
11.63 | 0.09 | | 2.51 | 2.60 | 0.06 | 0.27 | | 0.33 | | | 13.90 | 22.85 | 1.89 | 1.92 | 1.92 | 0.67 | 734 | 213 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
C |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
7.72 | 0.07 | 0.08 | 0.15 | 0.12 | | | 0.12 | | | 7.75 | 2.13 | 2.30 | 1.90 | 1.90 | 2.14 | 1,050 | 78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
8.30 | 0.10 | | (0.64 | ) | (0.54 | ) | 0.04 | | | 0.04 | | | 7.72 | (6.52 | ) | 2.23 | | 1.90 | | 1.90 | | 1.23 | | 943 | 140 | ||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
7.75 | 0.07 | | 0.57 | 0.64 | 0.09 | | | 0.09 | 0.00 | * | | 8.30 | 8.35 | (e) | 2.06 | | 1.91 | | 1.91 | | 0.93 | | 1,202 | 171 | |||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
6.28 | 0.11 | | 1.48 | 1.59 | 0.15 | | | 0.15 | 0.03 | | 7.75 | 26.45 | (f) | 2.28 | 1.90 | 1.90 | 1.78 | 1,445 | 169 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
13.89 | 0.12 | | (6.20 | ) | (6.08 | ) | 0.16 | 1.37 | | 1.53 | | | 6.28 | (48.91 | ) | 2.48 | 2.05 | 2.05 | 1.16 | 1,311 | 215 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
11.61 | 0.09 | | 2.50 | 2.59 | 0.04 | 0.27 | | 0.31 | | | 13.89 | 22.81 | 1.89 | 1.92 | 1.92 | 0.69 | 1,126 | 213 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
I |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
7.80 | 0.14 | 0.04 | 0.18 | 0.22 | | | 0.22 | | | 7.76 | 2.66 | 1.17 | 0.77 | 0.77 | 3.25 | 40,782 | 78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
8.38 | 0.17 | (0.61 | ) | (0.44 | ) | 0.14 | | | 0.14 | | | 7.80 | (5.34 | ) | 1.04 | | 0.71 | | 0.71 | | 2.02 | | 47,132 | 140 | |||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
7.81 | 0.14 | | 0.59 | 0.73 | 0.16 | | | 0.16 | 0.00 | * | | 8.38 | 9.46 | (e) | 0.85 | | 0.83 | | 0.83 | | 1.86 | | 81,470 | 171 | |||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
6.42 | 0.18 | | 1.50 | 1.68 | 0.32 | | | 0.32 | 0.03 | | 7.81 | 27.81 | (f) | 0.92 | 0.90 | 0.90 | 2.83 | 51,144 | 169 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
14.06 | 0.29 | | (6.32 | ) | (6.03 | ) | 0.24 | 1.37 | | 1.61 | | | 6.42 | (48.12 | ) | 1.05 | 0.62 | 0.62 | 2.80 | 54,838 | 215 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
11.70 | 0.20 | 2.55 | 2.75 | 0.12 | 0.27 | | 0.39 | | | 14.06 | 24.14 | 0.84 | 0.87 | 0.87 | 1.78 | 118,924 | 213 |
Income (loss) from investment operations |
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Ratios to average net assets |
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Total Return (1) |
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Expenses before reductions/ additions (2) |
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Expenses net of fee waivers and/or recoupments, if any(2)(3) |
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Expenses net of all reductions/ additions (2)(3) |
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Net investment income (loss) (2)(3) |
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ING Index Plus International Equity Fund (continued) |
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Class
O |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
7.71 | 0.11 | 0.07 | 0.18 | 0.19 | | | 0.19 | | | 7.70 | 2.55 | 1.55 | 1.15 | 1.15 | 2.87 | 37,575 | 78 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
8.30 | 0.17 | (0.65 | ) | (0.48 | ) | 0.11 | | | 0.11 | | | 7.71 | (5.85 | ) | 1.48 | | 1.15 | | 1.15 | | 1.98 | | 38,942 | 140 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
7.75 | 0.14 | 0.56 | 0.70 | 0.15 | | | 0.15 | 0.00 | * | | 8.30 | 9.10 | (e) | 1.31 | | 1.16 | | 1.16 | | 1.65 | | 45,938 | 171 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
6.31 | 0.16 | | 1.49 | 1.65 | 0.24 | | | 0.24 | 0.03 | | 7.75 | 27.60 | (f) | 1.53 | 1.15 | 1.15 | 2.53 | 47,328 | 169 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
11-09-07(4)10-31-08 |
13.09 | 0.19 | | (5.36 | ) | (5.17 | ) | 0.24 | 1.37 | | 1.61 | | | 6.31 | (45.16 | ) | 1.73 | 1.30 | 1.30 | 2.03 | 41,539 | 215 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
W |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
7.79 | 0.12 | 0.05 | 0.17 | 0.22 | | | 0.22 | | | 7.74 | 2.48 | 1.30 | 0.90 | 0.90 | 3.13 | 3 | 78 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
08-05-11(4)10-31-11 |
7.93 | 0.03 | (0.17 | ) | (0.14 | ) | | | | | | | 7.79 | (1.77 | ) | 1.23 | | 0.90 | | 0.90 | | 1.73 | | 3 | 140 | ||||||||||||||||||||||||||||||||||||||||||||||||||
ING
International Core Fund |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
I |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
8.83 | 0.06 | 0.48 | 0.54 | 0.08 | | | 0.08 | | | 9.29 | 6.23 | 1.01 | 0.95 | 0.95 | 1.41 | 339,194 | 33 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
02-08-11(4)10-31-11 |
10.00 | 0.11 | | (1.28 | ) | (1.17 | ) | | | | | | | 8.83 | (11.70 | ) | 1.00 | 0.95 | 0.95 | 1.56 | 349,613 | 57 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
ING
International Growth Fund |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
I |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
9.30 | 0.10 | 0.50 | 0.60 | 0.15 | 0.04 | | 0.19 | | | 9.71 | 6.71 | 1.06 | 0.99 | 0.99 | 1.93 | 143,329 | 12 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
01-06-11(4)10-31-11 |
10.00 | 0.15 | (0.85 | ) | (0.70 | ) | | | | | | | 9.30 | (7.00 | ) | 1.07 | 0.99 | 0.99 | 1.91 | 150,232 | 33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
ING
International Real Estate Fund |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
A |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
7.81 | 0.08 | 0.34 | 0.42 | 0.07 | | | 0.07 | | | 8.16 | 5.50 | 1.50 | 1.50 | 1.50 | 2.00 | 177,123 | 21 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
8.85 | 0.15 | (0.73 | ) | (0.58 | ) | 0.46 | | | 0.46 | | | 7.81 | (6.96 | ) | 1.47 | 1.47 | 1.47 | 1.84 | 189,499 | 63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
8.48 | 0.14 | | 0.85 | 0.99 | 0.62 | | | 0.62 | | | 8.85 | 12.46 | 1.50 | 1.50 | 1.50 | 1.77 | 240,779 | 60 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
6.91 | 0.17 | 1.57 | 1.74 | 0.17 | | | 0.17 | | | 8.48 | 25.77 | 1.73 | 1.53 | 1.53 | 2.43 | 116,989 | 72 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
14.56 | 0.33 | (7.43 | ) | (7.10 | ) | 0.36 | | 0.19 | 0.55 | | | 6.91 | (50.31 | ) | 1.48 | 1.50 | 1.50 | 1.76 | 89,623 | 46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
11.63 | 0.13 | | 3.14 | 3.27 | 0.34 | | | 0.34 | | | 14.56 | 28.49 | 1.51 | 1.50 | 1.50 | 0.99 | 271,425 | 44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
B |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
7.78 | 0.05 | 0.35 | 0.40 | 0.04 | | | 0.04 | | | 8.14 | 5.23 | 2.25 | 2.25 | 2.25 | 1.24 | 1,729 | 21 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
8.82 | 0.09 | | (0.74 | ) | (0.65 | ) | 0.39 | | | 0.39 | | | 7.78 | (7.79 | ) | 2.22 | 2.22 | 2.22 | 1.06 | 2,088 | 63 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
8.44 | 0.08 | | 0.86 | 0.94 | 0.56 | | | 0.56 | | | 8.82 | 11.74 | 2.25 | 2.25 | 2.25 | 1.05 | 3,019 | 60 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
6.88 | 0.12 | 1.56 | 1.68 | 0.12 | | | 0.12 | | | 8.44 | 24.82 | 2.48 | 2.28 | 2.28 | 1.78 | 3,875 | 72 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
14.50 | 0.25 | (7.41 | ) | (7.16 | ) | 0.27 | | 0.19 | 0.46 | | | 6.88 | (50.72 | ) | 2.23 | 2.25 | 2.25 | 1.00 | 4,004 | 46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
11.59 | 0.03 | | 3.14 | 3.17 | 0.26 | | | 0.26 | | | 14.50 | 27.69 | 2.26 | 2.25 | 2.25 | 0.25 | 11,819 | 44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
C |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
7.78 | 0.05 | 0.34 | 0.39 | 0.04 | | | 0.04 | | | 8.13 | 5.11 | 2.25 | 2.25 | 2.25 | 1.24 | 16,647 | 21 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
8.81 | 0.11 | (0.75 | ) | (0.64 | ) | 0.39 | | | 0.39 | | | 7.78 | (7.64 | ) | 2.22 | 2.22 | 2.22 | 1.12 | 18,966 | 63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
8.44 | 0.08 | | 0.85 | 0.93 | 0.56 | | | 0.56 | | | 8.81 | 11.65 | 2.25 | 2.25 | 2.25 | 1.05 | 25,632 | 60 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
6.88 | 0.13 | 1.54 | 1.67 | 0.11 | | | 0.11 | | | 8.44 | 24.76 | 2.48 | 2.28 | 2.28 | 1.81 | 26,520 | 72 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
14.49 | 0.29 | (7.44 | ) | (7.15 | ) | 0.27 | | 0.19 | 0.46 | | | 6.88 | (50.69 | ) | 2.23 | 2.25 | 2.25 | 1.00 | 36,661 | 46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
11.59 | 0.03 | | 3.13 | 3.16 | 0.26 | | | 0.26 | | | 14.49 | 27.58 | 2.26 | 2.25 | 2.25 | 0.24 | 121,529 | 44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
I |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
7.82 | 0.09 | 0.34 | 0.43 | 0.09 | | | 0.09 | | | 8.16 | 5.56 | 1.20 | 1.20 | 1.20 | 2.33 | 267,689 | 21 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
8.87 | 0.19 | (0.75 | ) | (0.56 | ) | 0.49 | | | 0.49 | | | 7.82 | (6.75 | ) | 1.14 | 1.14 | 1.14 | 2.08 | 253,837 | 63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
8.49 | 0.18 | 0.85 | 1.03 | 0.65 | | | 0.65 | | | 8.87 | 12.90 | 1.17 | 1.17 | 1.17 | 2.13 | 365,799 | 60 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
6.92 | 0.19 | 1.57 | 1.76 | 0.19 | | | 0.19 | | | 8.49 | 26.12 | 1.23 | 1.23 | 1.23 | 2.80 | 387,251 | 72 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
14.58 | 0.23 | | (7.31 | ) | (7.08 | ) | 0.39 | | 0.19 | 0.58 | | | 6.92 | (50.14 | ) | 1.16 | 1.18 | 1.18 | 2.22 | 290,227 | 46 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
11.64 | 0.16 | | 3.15 | 3.31 | 0.37 | | | 0.37 | | | 14.58 | 28.80 | 1.26 | 1.25 | 1.25 | 1.22 | 127,029 | 44 |
Income (loss) from investment operations |
|
Less distributions |
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Ratios to average net assets |
Supplemental data |
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Net asset value, beginning of year or period |
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Net investment income (loss) |
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Net realized and unrealized gain (loss) |
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Total from investment operations |
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From net investment income |
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From return of capital |
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Total distributions |
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Payments from Distribution settlement/ affiliate |
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Redemption fees applied to capital |
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Net asset value, end of year or period |
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Total Return (1) |
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Expenses before reductions/ additions (2) |
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Expenses net of fee waivers and/or recoupments, if any(2)(3) |
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Expenses net of all reductions/ additions (2)(3) |
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Net investment income (loss) (2)(3) |
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Net assets, end of year or period |
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Portfolio turnover rate | |||||||||||||||||||||||||||||||||||||||||
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($000s) |
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ING International Real Estate Fund (continued) |
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Class
W |
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04-30-12 |
7.84 | 0.09 | 0.34 | 0.43 | 0.08 | | | 0.08 | | | 8.19 | 5.62 | 1.25 | 1.25 | 1.25 | 2.23 | 10,743 | 21 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
8.89 | 0.19 | | (0.75 | ) | (0.56 | ) | 0.49 | | | 0.49 | | | 7.84 | (6.76 | ) | 1.22 | 1.22 | 1.22 | 2.21 | 10,270 | 63 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
8.51 | 0.16 | | 0.86 | 1.02 | 0.64 | | | 0.64 | | | 8.89 | 12.80 | 1.25 | 1.25 | 1.25 | 2.01 | 5,202 | 60 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
6.91 | 0.19 | 1.60 | 1.79 | 0.19 | | | 0.19 | | | 8.51 | 26.61 | 1.23 | 1.23 | 1.23 | 2.85 | 2,094 | 72 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
02-12-08(4)10-31-08 |
11.48 | 0.17 | | (4.59 | ) | (4.42 | ) | 0.10 | | 0.05 | 0.15 | | | 6.91 | (38.91 | ) | 1.18 | 1.20 | 1.20 | 2.45 | 307 | 46 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
ING
International Small Cap Fund |
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Class
A |
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04-30-12 |
35.39 | 0.14 | | 2.64 | 2.78 | 0.57 | | | 0.57 | 0.10 | | 37.70 | 8.43 | (g) | 1.75 | 1.70 | 1.70 | 0.78 | 94,764 | 13 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
37.55 | 0.29 | | (2.32 | ) | (2.03 | ) | 0.14 | | | 0.14 | 0.01 | | 35.39 | (5.41 | )(h) | 1.72 | 1.70 | 1.70 | 0.74 | 99,873 | 37 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
31.45 | 0.14 | | 6.28 | 6.42 | 0.40 | | | 0.40 | 0.08 | | 37.55 | 20.85 | (i) | 1.81 | | 1.79 | | 1.79 | | 0.42 | | 144,594 | 63 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
22.73 | 0.21 | | 9.04 | 9.25 | 0.71 | | | 0.71 | 0.18 | | 31.45 | 42.73 | (j) | 1.95 | | 1.95 | | 1.95 | | 0.85 | | 177,914 | 103 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
66.43 | 0.65 | (36.15 | ) | (35.50 | ) | 0.32 | 7.88 | | 8.20 | | | 22.73 | (59.84 | ) | 1.70 | 1.70 | 1.70 | 1.27 | 160,896 | 84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
47.15 | 0.31 | 19.25 | 19.56 | 0.28 | | | 0.28 | | | 66.43 | 41.67 | 1.60 | 1.60 | 1.60 | 0.67 | 523,535 | 93 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
B |
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04-30-12 |
37.10 | 0.02 | | 2.86 | 2.88 | 0.17 | | | 0.17 | 0.10 | | 39.91 | 8.10 | (g) | 2.40 | 2.35 | 2.35 | 0.09 | 2,228 | 13 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
39.49 | (0.00 | )* | (2.41 | ) | (2.41 | ) | 0.00 | * | | | 0.00 | * | 0.02 | | 37.10 | (6.05 | )(h) | 2.37 | 2.35 | 2.35 | (0.01 | ) | 2,592 | 37 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
33.01 | (0.09 | ) | 6.62 | 6.53 | 0.13 | | | 0.13 | 0.08 | | 39.49 | 20.07 | (i) | 2.46 | | 2.44 | | 2.44 | | (0.27 | ) | 5,120 | 63 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
23.48 | 0.06 | | 9.45 | 9.51 | 0.17 | | | 0.17 | 0.19 | | 33.01 | 41.60 | (j) | 2.60 | | 2.60 | | 2.60 | | 0.24 | | 8,383 | 103 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
68.31 | 0.21 | | (37.16 | ) | (36.95 | ) | | 7.88 | | 7.88 | | | 23.48 | (60.10 | ) | 2.35 | 2.35 | 2.35 | 0.45 | 11,892 | 84 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
48.53 | 0.00 | * | 19.78 | 19.78 | | | | | | | 68.31 | 40.76 | 2.25 | 2.25 | 2.25 | 0.00 | * | 65,619 | 93 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
C |
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04-30-12 |
32.93 | 0.02 | | 2.49 | 2.51 | 0.33 | | | 0.33 | 0.09 | | 35.20 | 8.09 | (g) | 2.40 | 2.35 | 2.35 | 0.13 | 23,039 | 13 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
35.04 | 0.04 | | (2.16 | ) | (2.12 | ) | 0.00 | * | | | 0.00 | * | 0.01 | | 32.93 | (6.02 | )(h) | 2.37 | 2.35 | 2.35 | 0.11 | 23,410 | 37 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
29.41 | (0.07 | ) | 5.87 | 5.80 | 0.24 | | | 0.24 | 0.07 | | 35.04 | 20.05 | (i) | 2.46 | | 2.44 | | 2.44 | | (0.23 | ) | 31,078 | 63 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
21.15 | 0.05 | | 8.46 | 8.51 | 0.42 | | | 0.42 | 0.17 | | 29.41 | 41.80 | (j) | 2.60 | | 2.60 | | 2.60 | | 0.21 | | 31,928 | 103 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
62.48 | 0.34 | (33.79 | ) | (33.45 | ) | | 7.88 | | 7.88 | | | 21.15 | (60.11 | ) | 2.35 | 2.35 | 2.35 | 0.58 | 29,760 | 84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
44.39 | 0.00 | * | 18.09 | 18.09 | 0.00 | * | | | 0.00 | * | | | 62.48 | 40.76 | 2.25 | 2.25 | 2.25 | 0.01 | 104,274 | 93 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
I |
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04-30-12 |
35.50 | 0.20 | | 2.63 | 2.83 | 0.77 | | | 0.77 | 0.10 | | 37.66 | 8.65 | (g) | 1.32 | 1.27 | 1.27 | 1.14 | 108,165 | 13 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
37.66 | 0.50 | | (2.35 | ) | (1.85 | ) | 0.32 | | | 0.32 | 0.01 | | 35.50 | (4.97 | )(h) | 1.27 | 1.25 | 1.25 | 1.26 | 153,676 | 37 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
31.53 | 0.33 | 6.27 | 6.60 | 0.55 | | | 0.55 | 0.08 | | 37.66 | 21.45 | (i) | 1.28 | | 1.26 | | 1.26 | | 0.99 | | 210,965 | 63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
22.85 | 0.32 | | 9.09 | 9.41 | 0.91 | | | 0.91 | 0.18 | | 31.53 | 43.57 | (j) | 1.45 | | 1.45 | | 1.45 | | 1.29 | | 164,985 | 103 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
66.72 | 0.78 | (36.25 | ) | (35.47 | ) | 0.52 | 7.88 | | 8.40 | | | 22.85 | (59.66 | ) | 1.29 | 1.29 | 1.29 | 1.71 | 139,213 | 84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
47.35 | 0.60 | 19.25 | 19.85 | 0.48 | | | 0.48 | | | 66.72 | 42.24 | 1.20 | 1.20 | 1.20 | 1.12 | 376,737 | 93 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
O |
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04-30-12 |
35.13 | 0.18 | 2.59 | 2.77 | 0.65 | | | 0.65 | 0.10 | | 37.35 | 8.50 | (g) | 1.65 | 1.60 | 1.60 | 0.96 | 1,681 | 13 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
37.30 | 0.39 | | (2.37 | ) | (1.98 | ) | 0.20 | | | 0.20 | 0.01 | | 35.13 | (5.32 | )(h) | 1.62 | 1.60 | 1.60 | 1.00 | 1,425 | 37 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
31.28 | 0.19 | 6.22 | 6.41 | 0.47 | | | 0.47 | 0.08 | | 37.30 | 20.95 | (i) | 1.71 | | 1.69 | | 1.69 | | 0.66 | | 1,164 | 63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
22.75 | 0.18 | | 9.07 | 9.25 | 0.90 | | | 0.90 | 0.18 | | 31.28 | 43.07 | (j) | 1.85 | | 1.85 | | 1.85 | | 0.69 | | 565 | 103 | |||||||||||||||||||||||||||||||||||||||||||||||||||
06-04-08(4)10-31-08 |
47.28 | 0.18 | | (24.71 | ) | (24.53 | ) | | 0.00 | * | | | | | 22.75 | (51.88 | ) | 1.60 | 1.60 | 1.60 | 1.39 | 62 | 84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
W |
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04-30-12 |
42.00 | 0.27 | 3.22 | 3.49 | 0.72 | | | 0.72 | 0.00 | * | | 44.77 | 8.62 | (g) | 1.40 | 1.35 | 1.35 | 1.21 | 33,619 | 13 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
44.49 | 0.53 | | (2.79 | ) | (2.26 | ) | 0.25 | | | 0.25 | 0.02 | | 42.00 | (5.08 | )(h) | 1.37 | 1.35 | 1.35 | 1.14 | 26,693 | 37 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
37.21 | 0.32 | | 7.41 | 7.73 | 0.54 | | | 0.54 | 0.09 | | 44.49 | 21.24 | (i) | 1.46 | | 1.44 | | 1.44 | | 0.82 | | 42,257 | 63 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
26.83 | 0.37 | 10.71 | 11.08 | 0.92 | | | 0.92 | 0.22 | | 37.21 | 43.54 | (j) | 1.45 | | 1.45 | | 1.45 | | 1.32 | | 12,096 | 103 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
02-12-08(4)10-31-08 |
50.70 | 0.50 | | (24.37 | ) | (23.87 | ) | | 0.00 | * | | | | | 26.83 | (47.08 | ) | 1.29 | 1.29 | 1.29 | 1.80 | 10,366 | 84 |
Income (loss) from investment operations |
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Less distributions |
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Ratios to average net assets |
Supplemental data |
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Total from investment operations |
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Total distributions |
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Payments from Distribution settlement/ affiliate |
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Redemption fees applied to capital |
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Net asset value, end of year or period |
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Total Return (1) |
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Expenses before reductions/ additions (2) |
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Expenses net of fee waivers and/or recoupments, if any(2)(3) |
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Expenses net of all reductions/ additions (2)(3) |
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Net investment income (loss) (2)(3) |
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Net assets, end of year or period |
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Year or period ended |
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ING International Value Choice Fund |
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Class
A |
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04-30-12 |
10.13 | 0.07 | (0.80 | ) | (0.73 | ) | 0.27 | | | 0.27 | | | 9.13 | (7.13 | ) | 1.97 | 1.60 | 1.56 | 1.32 | 18,274 | 9 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
10.96 | 0.16 | (0.90 | ) | (0.74 | ) | 0.09 | | | 0.09 | | | 10.13 | (6.82 | ) | 1.82 | | 1.60 | | 1.60 | | 1.42 | | 21,037 | 48 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
9.68 | 0.08 | | 1.26 | 1.34 | 0.06 | | | 0.06 | | | 10.96 | 13.95 | 1.78 | | 1.70 | | 1.70 | | 0.77 | | 22,683 | 43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
7.56 | 0.06 | 2.14 | 2.20 | 0.08 | | | 0.08 | | | 9.68 | 29.22 | 1.83 | | 1.70 | | 1.70 | | 0.86 | | 15,615 | 44 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
14.89 | 0.06 | (5.31 | ) | (5.25 | ) | 0.10 | 1.98 | | 2.08 | | | 7.56 | (40.21 | ) | 1.62 | | 1.65 | | 1.64 | | 0.52 | | 8,940 | 73 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
12.42 | 0.10 | | 2.65 | 2.75 | 0.07 | 0.21 | | 0.28 | | | 14.89 | 22.48 | 1.63 | 1.70 | 1.70 | 0.77 | 16,598 | 88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
B |
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04-30-12 |
9.95 | 0.03 | (0.77 | ) | (0.74 | ) | 0.15 | | | 0.15 | | | 9.06 | (7.43 | ) | 2.72 | 2.35 | 2.31 | 0.57 | 410 | 9 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
10.77 | 0.08 | | (0.90 | ) | (0.82 | ) | | | | | | | 9.95 | (7.61 | ) | 2.57 | | 2.35 | | 2.35 | | 0.58 | | 481 | 48 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
9.53 | 0.01 | | 1.24 | 1.25 | 0.01 | | | 0.01 | | | 10.77 | 13.11 | 2.53 | | 2.45 | | 2.45 | | 0.09 | | 1,160 | 43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
7.44 | 0.02 | | 2.07 | 2.09 | 0.00 | * | | | 0.00 | * | | | 9.53 | 28.13 | 2.58 | | 2.45 | | 2.45 | | 0.18 | | 1,786 | 44 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
14.67 | (0.03 | ) | (5.22 | ) | (5.25 | ) | 0.00 | * | 1.98 | | 1.98 | | | 7.44 | (40.63 | ) | 2.37 | | 2.40 | | 2.39 | | (0.27 | ) | 1,738 | 73 | ||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
12.27 | 0.00 | * | 2.61 | 2.61 | | 0.21 | | 0.21 | | | 14.67 | 21.54 | 2.38 | 2.45 | 2.45 | 0.01 | 3,805 | 88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
C |
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04-30-12 |
9.96 | 0.04 | (0.78 | ) | (0.74 | ) | 0.18 | | | 0.18 | | | 9.04 | (7.37 | ) | 2.72 | 2.35 | 2.31 | 0.56 | 3,737 | 9 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
10.80 | 0.09 | (0.90 | ) | (0.81 | ) | 0.03 | | | 0.03 | | | 9.96 | (7.55 | ) | 2.57 | | 2.35 | | 2.35 | | 0.69 | | 4,449 | 48 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
9.56 | 0.01 | | 1.24 | 1.25 | 0.01 | | | 0.01 | | | 10.80 | 13.07 | 2.53 | | 2.45 | | 2.45 | | 0.06 | | 5,195 | 43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
7.46 | 0.01 | | 2.09 | 2.10 | 0.00 | * | | | 0.00 | * | | | 9.56 | 28.19 | 2.58 | | 2.45 | | 2.45 | | 0.14 | | 4,091 | 44 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
14.70 | (0.03 | ) | (5.23 | ) | (5.26 | ) | | 1.98 | | 1.98 | | | 7.46 | (40.62 | ) | 2.37 | | 2.40 | | 2.39 | | (0.25 | ) | 2,267 | 73 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
12.29 | 0.00 | * | 2.62 | 2.62 | | 0.21 | | 0.21 | | | 14.70 | 21.58 | 2.38 | 2.45 | 2.45 | 0.00 | * | 4,930 | 88 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
I |
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04-30-12 |
10.14 | 0.07 | | (0.79 | ) | (0.72 | ) | 0.30 | | | 0.30 | | | 9.12 | (7.01 | ) | 1.59 | 1.35 | 1.31 | 1.46 | 2,573 | 9 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
10.96 | 0.23 | | (0.93 | ) | (0.70 | ) | 0.12 | | | 0.12 | | | 10.14 | (6.50 | ) | 1.38 | | 1.28 | | 1.28 | | 1.82 | | 3,892 | 48 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
9.67 | 0.12 | | 1.25 | 1.37 | 0.08 | | | 0.08 | | | 10.96 | 14.26 | 1.35 | | 1.35 | | 1.35 | | 1.24 | | 17,722 | 43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
7.57 | 0.10 | | 2.12 | 2.22 | 0.12 | | | 0.12 | | | 9.67 | 29.58 | 1.39 | | 1.39 | | 1.39 | | 1.19 | | 27,654 | 44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
14.92 | 0.09 | (5.30 | ) | (5.21 | ) | 0.16 | 1.98 | | 2.14 | | | 7.57 | (39.96 | ) | 1.27 | | 1.30 | | 1.29 | | 0.80 | | 36,089 | 73 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
12.42 | 0.17 | | 2.64 | 2.81 | 0.10 | 0.21 | | 0.31 | | | 14.92 | 23.04 | 1.24 | 1.31 | 1.31 | 1.29 | 60,413 | 88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
W |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
10.14 | 0.13 | | (0.85 | ) | (0.72 | ) | 0.30 | | | 0.30 | | | 9.12 | (7.03 | ) | 1.72 | 1.35 | 1.31 | 2.89 | 1,973 | 9 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
10.97 | 0.22 | (0.94 | ) | (0.72 | ) | 0.11 | | | 0.11 | | | 10.14 | (6.62 | ) | 1.57 | | 1.35 | | 1.35 | | 2.06 | | 63 | 48 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
9.68 | 0.12 | | 1.25 | 1.37 | 0.08 | | | 0.08 | | | 10.97 | 14.27 | 1.53 | | 1.45 | | 1.45 | | 1.15 | | 34 | 43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
06-01-09(4)10-31-09 |
9.18 | 0.01 | | 0.49 | 0.50 | | | | | | | 9.68 | 5.45 | 1.39 | | 1.39 | | 1.39 | | 0.30 | | 3 | 44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
ING
International Value Fund |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
A |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
10.59 | 0.07 | | (0.13 | ) | (0.06 | ) | 0.28 | | | 0.28 | 0.01 | | 10.26 | (0.26 | )(k) | 1.67 | 1.63 | 1.62 | 1.46 | 231,858 | 18 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
11.78 | 0.20 | | (1.16 | ) | (0.96 | ) | 0.23 | | | 0.23 | 0.00 | * | | 10.59 | (8.33 | )(l) | 1.65 | 1.64 | 1.64 | 1.68 | 306,024 | 116 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
11.30 | 0.18 | | 0.45 | 0.63 | 0.17 | | | 0.17 | 0.02 | | 11.78 | 5.78 | (m) | 1.62 | | 1.62 | | 1.62 | | 1.63 | | 549,016 | 81 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
11.13 | 0.14 | 1.88 | 2.02 | 0.35 | 1.51 | | 1.86 | 0.01 | | 11.30 | 21.74 | (n) | 1.75 | | 1.75 | | 1.75 | | 1.25 | | 725,329 | 92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
23.15 | 0.39 | (8.83 | ) | (8.44 | ) | 0.23 | 3.35 | | 3.58 | | | 11.13 | (42.58 | ) | 1.58 | | 1.58 | | 1.57 | | 1.95 | | 931,162 | 23 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
21.52 | 0.24 | | 3.73 | 3.97 | 0.20 | 2.14 | | 2.34 | | | 23.15 | 19.87 | 1.59 | 1.59 | 1.59 | 1.08 | 2,136,218 | 32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
B |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
10.61 | 0.04 | | (0.13 | ) | (0.09 | ) | 0.16 | | | 0.16 | 0.01 | | 10.37 | (0.60 | )(k) | 2.37 | 2.33 | 2.32 | 0.73 | 941 | 18 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
11.66 | 0.11 | | (1.16 | ) | (1.05 | ) | 0.00 | * | | | 0.00 | * | 0.00 | * | | 10.61 | (9.00 | )(l) | 2.35 | 2.34 | 2.34 | 0.94 | 1,430 | 116 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
11.14 | 0.11 | | 0.43 | 0.54 | 0.04 | | | 0.04 | 0.02 | | 11.66 | 5.07 | (m) | 2.32 | | 2.32 | | 2.32 | | 0.96 | | 3,132 | 81 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
10.88 | 0.06 | | 1.87 | 1.93 | 0.17 | 1.51 | | 1.68 | 0.01 | | 11.14 | 20.91 | (n) | 2.45 | | 2.45 | | 2.45 | | 0.65 | | 37,743 | 92 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
22.64 | 0.19 | | (8.58 | ) | (8.39 | ) | 0.02 | 3.35 | | 3.37 | | | 10.88 | (43.00 | ) | 2.28 | | 2.28 | | 2.27 | | 1.12 | | 85,873 | 23 | |||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
21.07 | 0.08 | | 3.66 | 3.74 | 0.03 | 2.14 | | 2.17 | | | 22.64 | 19.03 | 2.29 | 2.29 | 2.29 | 0.39 | 301,705 | 32 |
Income (loss) from investment operations |
|
Less distributions |
|
Ratios to average net assets |
Supplemental data |
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Net asset value, beginning of year or period |
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Net investment income (loss) |
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Net realized and unrealized gain (loss) |
|
Total from investment operations |
|
From net investment income |
|
From net realized gains |
|
From return of capital |
|
Total distributions |
|
Payments from Distribution settlement/ affiliate |
|
Redemption fees applied to capital |
|
Net asset value, end of year or period |
|
Total Return (1) |
|
Expenses before reductions/ additions (2) |
|
Expenses net of fee waivers and/or recoupments, if any(2)(3) |
|
Expenses net of all reductions/ additions (2)(3) |
|
Net investment income (loss) (2)(3) |
|
Net assets, end of year or period |
|
Portfolio turnover rate | |||||||||||||||||||||||||||||||||||||||||
Year or period ended |
|
($) |
|
($) |
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($) |
|
($) |
|
($) |
|
($) |
|
($) |
|
($) |
|
($) |
|
($) |
|
($) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
(%) |
|
($000s) |
|
(%) | |||||||||||||||||||||||||||||||||||||||
ING International Value Fund (continued) |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
C |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
10.23 | 0.04 | | (0.13 | ) | (0.09 | ) | 0.19 | | | 0.19 | 0.01 | | 9.96 | (0.58 | )(k) | 2.37 | 2.33 | 2.32 | 0.81 | 116,926 | 18 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
11.40 | 0.11 | | (1.12 | ) | (1.01 | ) | 0.16 | | | 0.16 | 0.00 | * | | 10.23 | (8.98 | )(l) | 2.35 | 2.34 | 2.34 | 0.98 | 137,199 | 116 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
10.95 | 0.11 | | 0.43 | 0.54 | 0.11 | | | 0.11 | 0.02 | | 11.40 | 5.07 | (m) | 2.32 | | 2.26 | | 2.26 | | 0.99 | | 210,574 | 81 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
10.79 | 0.05 | | 1.85 | 1.90 | 0.24 | 1.51 | | 1.75 | 0.01 | | 10.95 | 20.92 | (n) | 2.45 | | 2.40 | | 2.40 | | 0.58 | | 279,060 | 92 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
22.52 | 0.27 | (8.57 | ) | (8.30 | ) | 0.08 | 3.35 | | 3.43 | | | 10.79 | (42.94 | ) | 2.28 | | 2.18 | | 2.17 | | 1.34 | | 326,812 | 23 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
20.98 | 0.08 | | 3.65 | 3.73 | 0.05 | 2.14 | | 2.19 | | | 22.52 | 19.10 | 2.29 | 2.28 | 2.28 | 0.38 | 757,941 | 32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
I |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
10.58 | 0.10 | (0.15 | ) | (0.05 | ) | 0.33 | | | 0.33 | 0.01 | | 10.21 | (0.09 | )(k) | 1.27 | 1.23 | 1.22 | 1.90 | 214,774 | 18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
11.77 | 0.23 | | (1.16 | ) | (0.93 | ) | 0.26 | | | 0.26 | 0.00 | * | | 10.58 | (8.04 | )(l) | 1.29 | 1.28 | 1.28 | 1.97 | 258,683 | 116 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
11.30 | 0.23 | | 0.44 | 0.67 | 0.22 | | | 0.22 | 0.02 | | 11.77 | 6.15 | (m) | 1.27 | | 1.27 | | 1.27 | | 2.02 | | 449,321 | 81 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
11.16 | 0.16 | | 1.90 | 2.06 | 0.42 | 1.51 | | 1.93 | 0.01 | | 11.30 | 22.23 | (n) | 1.33 | | 1.33 | | 1.33 | | 1.65 | | 607,517 | 92 | |||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
23.22 | 0.47 | (8.87 | ) | (8.40 | ) | 0.31 | 3.35 | | 3.66 | | | 11.16 | (42.37 | ) | 1.28 | | 1.28 | | 1.27 | | 2.23 | | 735,622 | 23 | ||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
21.58 | 0.32 | | 3.74 | 4.06 | 0.28 | 2.14 | | 2.42 | | | 23.22 | 20.31 | 1.23 | 1.23 | 1.23 | 1.45 | 2,176,402 | 32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
W |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
10.57 | 0.09 | | (0.14 | ) | (0.05 | ) | 0.31 | | | 0.31 | 0.01 | | 10.22 | (0.08 | )(k) | 1.37 | 1.33 | 1.32 | 1.86 | 283 | 18 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
11.76 | 0.08 | | (1.01 | ) | (0.93 | ) | 0.26 | | | 0.26 | 0.00 | * | | 10.57 | (8.06 | )(l) | 1.35 | 1.34 | 1.34 | 0.70 | 445 | 116 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
11.30 | 0.22 | 0.44 | 0.66 | 0.22 | | | 0.22 | 0.02 | | 11.76 | 6.04 | (m) | 1.32 | | 1.32 | | 1.32 | | 1.99 | | 24,507 | 81 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
07-20-09(4)10-31-09 |
10.42 | 0.01 | | 0.87 | 0.88 | | | | | | | 11.30 | 8.45 | (n) | 1.33 | | 1.33 | | 1.33 | | 0.20 | | 3 | 92 | |||||||||||||||||||||||||||||||||||||||||||||||||||
ING
Russia Fund |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
A |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
33.52 | (0.28 | ) | 0.42 | 0.14 | | | | | | | 33.66 | 0.42 | 2.18 | 2.18 | 2.18 | (1.63 | ) | 285,505 | 21 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
36.52 | (0.12 | ) | (2.88 | ) | (3.00 | ) | | | | | | | 33.52 | (8.21 | ) | 2.03 | 2.03 | 2.03 | (0.29 | ) | 317,715 | 31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
29.53 | (0.33 | ) | 7.32 | 6.99 | | | | | | | 36.52 | 23.67 | 2.11 | 2.11 | 2.11 | (0.98 | ) | 418,162 | 30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-09 |
25.60 | (0.19 | ) | 12.20 | 12.01 | | 8.08 | | 8.08 | | | 29.53 | 65.55 | 2.21 | 2.21 | 2.21 | (0.98 | ) | 373,249 | 46 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-08 |
78.13 | (0.48 | ) | (40.46 | ) | (40.94 | ) | | 11.59 | | 11.59 | | 0.00 | 25.60 | (61.70 | ) | 2.06 | 2.06 | 2.06 | (0.60 | ) | 261,127 | 43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-07 |
55.81 | (0.33 | ) | 25.77 | 25.44 | | 3.12 | | 3.12 | | 0.00 | 78.13 | 47.16 | 1.96 | 1.96 | 1.96 | (0.52 | ) | 922,504 | 12 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
I |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
33.79 | (0.22 | ) | 0.43 | 0.21 | | | | | | | 34.00 | 0.62 | 1.88 | 1.88 | 1.88 | (1.33 | ) | 13,387 | 21 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
36.64 | (0.02 | ) | (2.83 | ) | (2.85 | ) | | | | | | | 33.79 | (7.78 | ) | 1.73 | 1.73 | 1.73 | (0.04 | ) | 10,528 | 31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10-31-10 |
29.54 | (0.10 | ) | 7.20 | 7.10 | | | | | | | 36.64 | 24.04 | 1.71 | 1.71 | 1.71 | (0.38 | ) | 8,151 | 30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
09-30-09(4)10-31-09 |
28.27 | (0.04 | ) | 1.31 | 1.27 | | | | | | | 29.54 | 4.49 | 1.68 | 1.68 | 1.68 | (1.68 | ) | 3 | 46 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
W |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
33.74 | (0.22 | ) | 0.41 | 0.19 | | | | | | | 33.93 | 0.56 | 1.93 | 1.93 | 1.93 | (1.29 | ) | 7 | 21 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
08-05-11(4)10-31-11 |
39.53 | (0.03 | ) | (5.76 | ) | (5.79 | ) | | | | | | | 33.74 | (14.65 | ) | 1.78 | 1.78 | 1.78 | (0.41 | ) | 3 | 31 |
(1) |
Total return is calculated assuming reinvestment of all dividends, capital gain distributions and return of capital distributions, if any, at net asset value and excluding the deduction of sales charges. Total return for periods less than one year is not annualized. |
(2) |
Annualized for periods less than one year. |
(3) |
Expense ratios reflect operating expenses of a Fund. Expenses before reductions/additions do not reflect amounts reimbursed by the Investment Adviser and/or Distributor or reductions from brokerage service arrangements or other expense offset arrangements and do not represent the amount paid by a Fund during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by an Investment Adviser and/or Distributor but prior to reductions from brokerage service arrangements or other expense offset arrangements. Expenses net of all reductions/additions represent the net expenses paid by a Fund. Net investment income (loss) is net of all such additions or reductions. |
(4) |
Commencement of operations. |
(a) |
Excluding a distribution payment from settlement of a regulatory matter during the six months ended April 30, 2012, Emerging Countries total return would have been 2.16%, 1.75%, 1.79%, 2.30% and 2.27% on Classes A, B, C, I and W, respectively. |
(b) |
Excluding a distribution payment from settlement of a regulatory matter during the six months ended April 30, 2012, Global Natural Resources total return would have been (2.37)%, (2.22)% and (2.29)% on Classes A, I and W, respectively. |
(c) |
Excluding a distribution payment from settlement of a regulatory matter during the six months ended April 30, 2012, Global Value Choice total return would have been (8.25)%, (8.58)%, (8.58)%, (8.13)% and (8.13)% on Classes A, B, C, I and W, respectively. |
(d) |
Excluding a payment from distribution settlement in the fiscal year ended October 31, 2010, Global Value Choice total return would have been 21.82%, 20.92%, 20.89%, 22.34% and 22.08% on Classes A,B,C,I and W, respectively. |
(e) |
There was no impact on total return by the payment from distribution settlement. |
(f) |
Excluding a payment by affiliate in the fiscal year ended October 31, 2009, Index Plus International Equity total return would have been 26.91%, 25.92%, 25.96%, 27.32% and 27.11% on Classes A, B, C, I and O, respectively. |
(g) |
Excluding a distribution payment from settlement of a regulatory matter during the six months ended April 30, 2012, International Small Cap total return would have been 8.14%, 7.82%, 7.79%, 8.38%, 8.20% and 8.32% on Classes A, B, C, I, O and W, respectively. |
(h) |
Excluding a payment from distribution settlement in the fiscal year ended October 31, 2011, International Small Cap total return would have been (5.45)%, (6.09)%, (6.06)%, (5.01)%, (5.36)% and (5.12)% on Classes A,B,C,I, O and W, respectively. |
(i) |
Excluding a payment from distribution settlement in the fiscal year ended October 31, 2010, International Small Cap total return would have been 20.60%, 19.82%, 19.80%, 21.20%, 20.70% and 20.98% on Classes A,B,C,I,O and W, respectively. |
(j) |
Excluding a payment by affiliate in the fiscal year ended
October 31, 2009, International Small Cap total return would have been 41.91%, 40.78%, 40.97%, 42.75%, 42.20% and 42.70% on Classes A,B,C,I,O and
W, respectively. |
(k) |
Excluding a distribution payment from settlement of a regulatory matter during the six months ended April 30, 2012, International Value total return would have been (0.39)%, (0.73)%, (0.71)%, (0.22)% and (0.21)% on Classes A, B, C, I and W, respectively. |
(l) |
Excluding a payment from distribution settlement in the fiscal year ended October 31, 2011, International Value total return would have been (8.34)%, (9.02)%, (9.00)%, (8.05)% and (8.07)% on Classes A,B,C,I and W, respectively. |
(m) |
Excluding a payment from distribution settlement in the fiscal year ended October 31, 2010, International Value total return would have been 5.61%, 4.90%, 4.90%, 5.98% and 5.87% on Classes A,B,C,I, and W, respectively. |
(n) |
Excluding a payment by affiliate in the fiscal year ended October 31, 2009, International Value total return would have been 21.64%, 20.80%, 20.81% and 22.12% on Classes A,B,C and I, respectively. |
|
Calculated using average number of shares outstanding throughout the period. |
* |
Amount is less than $0.005 or 0.005% or more than $(0.005) or (0.005)%. |
|
Impact of waiving the advisory fee for the ING Institutional Prime Money Market Fund holding has less than 0.005% impact on the expense ratio and net investment income or loss ratio. |
(1) |
Market value of investment securities, other assets and liabilities at the exchange rates prevailing at the end of the day. |
(2) |
Purchases and sales of investment securities, income and expenses at the rates of exchange prevailing on the respective dates of such transactions. |
Purchases |
Sales |
|||||||||
---|---|---|---|---|---|---|---|---|---|---|
Diversified
International |
$ | 19,411,855 | $ | 39,392,955 | ||||||
Emerging
Countries |
81,928,246 | 16,406,727 | ||||||||
Emerging
Markets Equity |
15,281,594 | 13,198,891 | ||||||||
Global
Bond |
699,234,451 | 670,571,539 | ||||||||
Global Equity
Dividend |
28,063,722 | 35,343,264 | ||||||||
Global Natural
Resources |
18,388,554 | 21,302,884 | ||||||||
Global
Opportunities |
8,559,334 | 22,630,365 | ||||||||
Global Real
Estate |
883,046,784 | 640,485,917 | ||||||||
Global Value
Choice |
91,189,377 | 381,282,868 | ||||||||
Greater
China |
11,882,886 | 14,937,387 | ||||||||
Index Plus
International Equity |
71,486,015 | 78,831,571 | ||||||||
International
Core |
112,258,873 | 132,880,581 | ||||||||
International
Growth |
17,786,853 | 30,306,998 | ||||||||
International
Real Estate |
96,896,954 | 126,939,540 | ||||||||
International
Small Cap |
34,714,081 | 93,105,963 | ||||||||
International
Value Choice |
2,604,397 | 3,634,777 | ||||||||
International
Value |
110,928,110 | 262,531,803 | ||||||||
Russia |
65,523,350 | 85,954,732 |
Purchases |
Sales |
|||||||||
---|---|---|---|---|---|---|---|---|---|---|
Global
Bond |
$ | 895,071,032 | $ | 916,287,323 |
As a Percentage of Average Daily Net
Assets |
||||||
---|---|---|---|---|---|---|
Diversified
International |
0.00% |
|||||
Emerging
Countries |
1.00% |
|||||
Emerging Markets
Equity |
1.00% |
|||||
Global
Bond |
0.40% |
|||||
Global Equity
Dividend |
0.70% |
|||||
Global Natural
Resources |
1.00%
on first $50 million; and 0.75% thereafter |
|||||
Global
Opportunities |
0.90%
on the first $500 million; and 0.85% thereafter |
|||||
Global Real
Estate |
0.80%
on the first $250 million; 0.775% on the next $250 million; and 0.70% thereafter |
|||||
Global Value
Choice |
0.90%
on the first $500 million; 0.80% on the next $500 million; and 0.75% thereafter |
|||||
Greater
China |
1.15%
on the first $100 million; 1.05% on the next $150 million; and 0.95% thereafter |
|||||
Index Plus
International Equity |
0.55% |
|||||
International
Core |
0.75% |
|||||
International
Growth |
0.75% |
|||||
International
Real Estate |
1.00%
on the first $250 million; 0.90% on the next $250 million; and 0.80% thereafter |
|||||
International
Small Cap(1) |
1.00%
on first $500 million; 0.90% on next $500 million; and 0.85% thereafter |
|||||
International
Value Choice(2) |
1.00% |
|||||
International
Value(1) |
1.00%
on the first $1.5 billion; 0.70% on the next $750 million; and 0.65% thereafter (applied to all assets of the Fund) |
|||||
Russia |
1.25% |
(1) |
ING Investments has contractually agreed to waive a portion of the advisory fee for International Small Cap and International Value. These agreements will only renew if ING Investments elects to renew them. |
(2) |
Pursuant to a side agreement, ING Investments has agreed to waive 0.10% of the advisory fee for International Value Choice. The waiver agreement will only renew if ING Investments elects to renew it. |
Fund |
Sub-Adviser |
|||||
---|---|---|---|---|---|---|
Emerging
Countries |
J.P.
Morgan Investment Management Inc. and Delaware Management Company |
|||||
Emerging Markets
Equity |
J.P.
Morgan Investment Management Inc. and Delaware Management Company |
|||||
Global
Bond |
ING
Investment Management Co. LLC* |
|||||
Global Equity
Dividend |
ING
Investment Management Advisors B.V* |
|||||
Global Natural
Resources |
ING
Investment Management Co. LLC* |
|||||
Global
Opportunities |
ING
Investment Management Advisors B.V.* |
|||||
Global Real
Estate |
CBRE
Clarion Securities LLC |
|||||
Global Value
Choice |
Tradewinds Global Investors, LLC |
|||||
Greater
China |
ING
Investment Management Asia/Pacific (Hong Kong) Limited* |
|||||
Index Plus
International Equity |
ING
Investment Management Co. LLC* |
|||||
International
Core |
Thornburg Investment Management, Inc. and Wellington Management Company, LLP |
|||||
International
Growth |
Baillie Gifford Overseas Limited and T. Rowe Price Associates, Inc. |
|||||
International
Real Estate |
CBRE
Clarion Securities LLC |
|||||
International
Small Cap |
Acadian Asset Management LLC and Schroder Investment Management North America Inc. |
|||||
International
Value Choice |
Tradewinds Global Investors, LLC |
|||||
International
Value |
Brandes Investment Partners, L.P., del Rey Global Investors, LLC and ING Investment Management Co. LLC* |
|||||
Russia |
ING
Investment Management Advisors B.V* |
Class A |
Class B |
Class C |
Class O |
Class R |
||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Diversified
International |
0.25 | % | 1.00 | % | 1.00 | % | 0.25 | % | 0.50 | % | ||||||||||||
Emerging
Countries |
0.35 | %(1) | 1.00 | % | 1.00 | % | N/A | N/A | ||||||||||||||
Emerging
Markets Equity |
0.25 | % | N/A | 1.00 | % | N/A | 0.50 | % | ||||||||||||||
Global
Bond |
0.25 | % | 1.00 | % | 1.00 | % | 0.25 | % | 0.50 | % | ||||||||||||
Global Equity
Dividend |
0.25 | % | 1.00 | % | 1.00 | % | 0.25 | % | N/A | |||||||||||||
Global Natural
Resources |
0.25 | % | N/A | N/A | N/A | N/A | ||||||||||||||||
Global
Opportunities |
0.25 | % | 1.00 | % | 1.00 | % | N/A | N/A | ||||||||||||||
Global Real
Estate |
0.25 | % | 1.00 | % | 1.00 | % | 0.25 | % | 0.50 | % | ||||||||||||
Global Value
Choice |
0.25 | % | 1.00 | % | 1.00 | % | N/A | N/A | ||||||||||||||
Greater
China |
0.25 | % | 1.00 | % | 1.00 | % | 0.25 | % | N/A | |||||||||||||
Index Plus
International Equity |
0.25 | % | 1.00 | % | 1.00 | % | 0.25 | % | N/A | |||||||||||||
International
Real Estate |
0.25 | % | 1.00 | % | 1.00 | % | N/A | N/A | ||||||||||||||
International
Small Cap |
0.35 | % | 1.00 | % | 1.00 | % | 0.25 | % | N/A | |||||||||||||
International
Value Choice |
0.25 | % | 1.00 | % | 1.00 | % | N/A | N/A | ||||||||||||||
International
Value |
0.30 | % | 1.00 | % | 1.00 | % | N/A | N/A | ||||||||||||||
Russia |
0.25 | % | N/A | N/A | N/A | N/A |
(1) |
The Distributor has agreed to waive 0.10% of the Distribution Fee for Class A shares of Emerging Countries. For the six months ended April 30, 2012, the Distributor waived $29,374 for Class A shares of Emerging Countries. |
Class A |
Class C |
|||||||||
---|---|---|---|---|---|---|---|---|---|---|
Initial
Sales Charges: |
||||||||||
Diversified
International |
$ | 1,303 | $ |
|||||||
Emerging
Countries |
2,475 | |
||||||||
Emerging
Markets Equity |
5 | |
||||||||
Global
Bond |
29,863 | |
||||||||
Global Equity
Dividend |
3,284 | |
||||||||
Global Natural
Resources |
8,575 | |
||||||||
Global
Opportunities |
848 | |
||||||||
Global Real
Estate |
48,090 | |
||||||||
Global Value
Choice |
4,075 | |
||||||||
Greater
China |
4,537 | |
||||||||
Index Plus
International Equity |
128 | |
||||||||
International
Real Estate |
1,774 | |
||||||||
International
Small Cap |
1,559 | |
||||||||
International
Value Choice |
1,391 | |
||||||||
International
Value |
413 | |
||||||||
Russia |
29,312 | |
||||||||
Contingent
Deferred Sales Charges: |
||||||||||
Diversified
International |
$ | | $272 |
|||||||
Emerging
Countries |
| 45 |
||||||||
Global
Bond |
10,368 | 1,187 |
||||||||
Global Equity
Dividend |
| 253 |
||||||||
Global
Opportunities |
| 420 |
||||||||
Global Real
Estate |
274 | 1,848 |
||||||||
Global Value
Choice |
329 | 2,916 |
||||||||
Greater
China |
| 102 |
||||||||
International
Real Estate |
| 98 |
||||||||
International
Small Cap |
| 95 |
||||||||
International
Value |
| 409 |
||||||||
Russia |
67 | |
Fund |
Accrued Investment Management Fees |
Accrued Administrative Fees |
Accrued Shareholder Service and Distribution Fees |
Total |
||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Diversified
International |
$ | | $ | 9,269 | $ | 47,612 | $ | 56,881 | ||||||||||
Emerging
Countries |
67,501 | 6,750 | 21,919 | 96,170 | ||||||||||||||
Emerging
Markets Equity |
75,656 | 7,565 | 35 | 83,256 | ||||||||||||||
Global
Bond |
240,302 | 60,075 | 127,644 | 428,021 | ||||||||||||||
Global Equity
Dividend |
44,198 | 6,314 | 30,720 | 81,232 | ||||||||||||||
Global Natural
Resources |
75,971 | 8,763 | 20,451 | 105,185 | ||||||||||||||
Global
Opportunities |
42,594 | 4,733 | 27,352 | 74,679 | ||||||||||||||
Global Real
Estate |
2,283,292 | 321,057 | 445,619 | 3,049,968 | ||||||||||||||
Global Value
Choice |
243,766 | 27,085 | 109,280 | 380,131 | ||||||||||||||
Greater
China |
30,356 | 2,640 | 9,215 | 42,211 | ||||||||||||||
Index Plus
International Equity |
42,238 | 7,679 | 10,289 | 60,206 | ||||||||||||||
International
Core |
225,790 | 30,105 | | 255,895 | ||||||||||||||
International
Growth |
95,618 | 12,749 | | 108,367 | ||||||||||||||
International
Real Estate |
370,088 | 38,843 | 50,942 | 459,873 | ||||||||||||||
International
Small Cap |
268,625 | 22,000 | 48,242 | 338,867 | ||||||||||||||
International
Value Choice |
17,743 | 2,246 | 7,284 | 27,273 | ||||||||||||||
International
Value |
495,999 | 47,618 | 150,041 | 693,658 | ||||||||||||||
Russia |
313,936 | 25,114 | 59,959 | 399,009 |
ING Portfolios/Funds or Subsidiaries |
Fund |
Percentage |
||||||||
---|---|---|---|---|---|---|---|---|---|---|
ING Capital
Allocation Fund |
Emerging Markets Equity |
15.14 | % | |||||||
Index Plus International Equity |
23.05 | |||||||||
ING Direct
Investing, Inc. |
Global Equity Dividend |
17.52 | ||||||||
Greater China |
14.35 | |||||||||
Index Plus International Equity |
41.50 | |||||||||
Diversified
International |
Emerging Markets Equity |
18.09 | ||||||||
International Core |
13.32 | |||||||||
International Growth |
15.74 | |||||||||
ING Global
Target Payment Fund |
Emerging Markets Equity |
9.46 | ||||||||
Index Plus International Equity |
20.23 | |||||||||
ING Life
Insurance and Annuity Company |
International Small Cap |
8.61 | ||||||||
ING National
Trust |
International Value Choice |
6.01 | ||||||||
International Value |
14.96 | |||||||||
ING Solution
2015 Portfolio |
Global Bond |
6.76 | ||||||||
International Core |
9.28 | |||||||||
International Growth |
10.98 | |||||||||
ING Solution
2025 Portfolio |
Emerging Markets Equity |
13.80 | ||||||||
Global Bond |
11.08 | |||||||||
International Core |
18.99 | |||||||||
International Growth |
27.02 | |||||||||
ING Solution
2035 Portfolio |
Emerging Markets Equity |
23.91 | ||||||||
International Core |
32.98 | |||||||||
International Growth |
23.39 | |||||||||
ING Solution
2045 Portfolio |
Emerging Markets Equity |
15.60 | ||||||||
International Core |
21.52 | |||||||||
International Growth |
20.37 | |||||||||
Reliastar Life
Insurance Company |
Emerging Countries |
7.05 |
Fund |
Accrued Expenses |
Amount |
||||||||
---|---|---|---|---|---|---|---|---|---|---|
Greater
China |
Transfer Agent |
$ | 39,500 | |||||||
International
Value Choice |
Postage |
12,221 | ||||||||
Transfer Agent |
13,136 | |||||||||
International
Value |
Postage |
170,661 | ||||||||
Transfer Agent |
170,093 | |||||||||
Russia |
Custody |
402,794 |
Class A |
Class B |
Class C |
Class I |
Class O |
Class R |
Class W |
||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Diversified
International(1) |
0.50 | % | 1.25 | % | 1.25 | % | 0.25 | % | 0.50 | % | 0.75 | % | 0.25 | % | ||||||||||||||||
Emerging
Countries |
2.25 | % | 2.90 | % | 2.90 | % | 1.75 | % | N/A | N/A | 1.90 | % | ||||||||||||||||||
Emerging
Markets Equity |
1.60 | % | N/A | 2.35 | % | 1.35 | % | N/A | 1.85 | % | 1.35 | % | ||||||||||||||||||
Global
Bond |
0.90 | % | 1.65 | % | 1.65 | % | 0.61 | % | 0.90 | % | 1.15 | % | 0.65 | % | ||||||||||||||||
Global Equity
Dividend |
1.40 | % | 2.15 | % | 2.15 | % | 1.15 | % | 1.40 | % | N/A | 1.15 | % | |||||||||||||||||
Global Natural
Resources |
2.00 | % | N/A | N/A | 1.75 | % | N/A | N/A | 1.75 | % | ||||||||||||||||||||
Global
Opportunities |
1.50 | % | 2.25 | % | 2.25 | % | 1.15 | % | N/A | N/A | 1.25 | % | ||||||||||||||||||
Global Real
Estate |
1.75 | % | 2.50 | % | 2.50 | % | 1.50 | % | 1.75 | % | 2.00 | % | 1.50 | % | ||||||||||||||||
Global Value
Choice |
1.50 | % | 2.25 | % | 2.25 | % | 1.25 | % | N/A | N/A | 1.25 | % | ||||||||||||||||||
Greater
China |
N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||||||||||||||||||
Index Plus
International Equity |
1.15 | % | 1.90 | % | 1.90 | % | 0.90 | % | 1.15 | % | N/A | 0.90 | % | |||||||||||||||||
International
Core |
N/A | N/A | N/A | 0.95 | % | N/A | N/A | N/A | ||||||||||||||||||||||
International
Growth |
N/A | N/A | N/A | 0.99 | % | N/A | N/A | N/A | ||||||||||||||||||||||
International
Real Estate |
1.50 | % | 2.25 | % | 2.25 | % | 1.25 | % | N/A | N/A | 1.25 | % | ||||||||||||||||||
International
Small Cap |
1.95 | % | 2.60 | % | 2.60 | % | 1.40 | % | 1.85 | % | N/A | 1.60 | % | |||||||||||||||||
International
Value Choice |
1.70 | % | 2.45 | % | 2.45 | % | 1.45 | % | N/A | N/A | 1.45 | % | ||||||||||||||||||
International
Value |
1.80 | % | 2.50 | % | 2.50 | % | 1.50 | % | N/A | N/A | 1.50 | % | ||||||||||||||||||
Russia |
2.75 | % | N/A | N/A | 2.50 | % | N/A | N/A | 2.50 | % |
(1) |
The operating expense limits for Diversified International set out above apply only at the fund level and do not limit the fees payable by the underlying investment companies in which the fund invests. Including the expenses of the underlying investment companies, the expense limits for Diversified International are 1.65%, 2.40%, 2.40%, 1.40%, 1.65%, 1.90% and 1.40% for Class A, B, C, I, O, R and W shares, respectively. |
Class A |
Class B |
Class C |
Class I |
Class O |
Class R |
Class W |
||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Emerging
Countries(1) |
1.85 | % | 2.60 | % | 2.60 | % | 1.50 | % | N/A | N/A | 1.65 | % | ||||||||||||||||||
Emerging
Markets Equity |
1.60 | % | N/A | 2.35 | % | 1.25 | % | N/A | 1.85 | % | 1.35 | % | ||||||||||||||||||
Global Natural
Resources(1)(2) |
1.60 | % | N/A | N/A | 1.35 | % | N/A | N/A | 1.35 | % | ||||||||||||||||||||
Global
Opportunities |
1.50 | % | 2.25 | % | 2.25 | % | 1.05 | % | N/A | N/A | 1.25 | % | ||||||||||||||||||
Global Real
Estate(1) |
1.65 | % | 2.40 | % | 2.40 | % | 1.40 | % | 1.65 | % | 1.90 | % | 1.40 | % | ||||||||||||||||
Greater
China(1) |
2.10 | % | 2.85 | % | 2.85 | % | 1.85 | % | 2.10 | % | N/A | 1.85 | % | |||||||||||||||||
International
SmallCap(1)(3) |
1.80 | % | 2.45 | % | 2.45 | % | 1.25 | % | 1.70 | % | N/A | 1.45 | % | |||||||||||||||||
International
Value Choice |
1.60 | % | 2.35 | % | 2.35 | % | 1.35 | % | N/A | N/A | 1.35 | % | ||||||||||||||||||
International
Value(1)(3) |
1.60 | % | 2.30 | % | 2.30 | % | 1.30 | % | N/A | N/A | 1.30 | % | ||||||||||||||||||
Russia(1)(3) |
2.25 | % | N/A | N/A | 2.00 | % | N/A | N/A | 2.00 | % |
(1) |
Any fees waived pursuant to the side agreement shall not be eligible for recoupment. |
(2) |
Prior to January 1, 2012, pursuant to a side agreement, the expense limits were 1.85%, 1.60% and 1.60% for Class A, I and W shares, respectively. |
(3) |
Prior to January 1, 2012, the Fund did not have a side agreement. |
2013 |
2014 |
2015 |
Total |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Diversified
International |
$ | 499,006 | $ | 214,342 | $ | 129,289 | $ | 842,637 | ||||||||||
Emerging
Markets Equity |
| | 162,231 | 162,231 | ||||||||||||||
Global
Bond |
257,987 | 467,756 | 147,364 | 873,107 | ||||||||||||||
Global Equity
Dividend |
82,448 | | 28,734 | 111,182 | ||||||||||||||
Global
Opportunities |
| 194,656 | 53,568 | 248,224 | ||||||||||||||
Index Plus
International Equity |
22,838 | 167,005 | 401,354 | 591,197 | ||||||||||||||
International
Core |
| 28,368 | 193,774 | 222,142 | ||||||||||||||
International
Growth |
| 27,483 | 117,220 | 144,703 | ||||||||||||||
International
Small Cap |
| | 35,765 | 35,765 | ||||||||||||||
International
Value Choice |
| | 19,065 | 19,065 |
2013 |
2014 |
2015 |
Total |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Diversified
International |
||||||||||||||||||
Class
A |
$ | 39,721 | $ | 31,517 | $ | 102,828 | $ | 174,066 | ||||||||||
Class
B |
5,831 | 5,039 | 16,427 | 27,297 | ||||||||||||||
Class
C |
21,687 | 18,076 | 60,857 | 100,620 | ||||||||||||||
Class
O |
3,159 | 1,122 | 4,110 | 8,391 | ||||||||||||||
Class
R |
54 | 56 | 191 | 301 | ||||||||||||||
Class
W |
3,964 | 753 | 2,519 | 7,236 | ||||||||||||||
Global
Opportunities |
||||||||||||||||||
Class
A |
$ | 100,498 | $ | 10,326 | $ | | $ | 110,824 | ||||||||||
Class
B |
15,072 | 1,604 | | 16,676 | ||||||||||||||
Class
C |
82,986 | 8,745 | | 91,731 | ||||||||||||||
Class
I |
| 3,170 | 7,716 | 10,886 | ||||||||||||||
Class
W |
737 | 388 | | 1,125 | ||||||||||||||
Global Value
Choice |
||||||||||||||||||
Class
A |
$ | | $ | | $ | 25,887 | $ | 25,887 | ||||||||||
Class
B |
| | 786 | 786 | ||||||||||||||
Class
C |
| | 16,224 | 16,224 | ||||||||||||||
Class
W |
| | 3,138 | 3,138 | ||||||||||||||
Index Plus
International Equity |
||||||||||||||||||
Class
A |
$ | 18,784 | $ | 3,030 | $ | | $ | 21,814 | ||||||||||
Class
B |
2,328 | 293 | | 2,621 | ||||||||||||||
Class
C |
2,952 | 441 | | 3,393 | ||||||||||||||
Class
O |
99,705 | 15,815 | | 115,520 | ||||||||||||||
International
Real Estate |
||||||||||||||||||
Class
A |
$ | 158,438 | $ | 405 | $ | 3,143 | $ | 161,986 | ||||||||||
Class
B |
6,996 | 96 | 30 | 7,122 | ||||||||||||||
Class
C |
51,655 | 612 | 291 | 52,558 | ||||||||||||||
Class
W |
| | 193 | 193 | ||||||||||||||
International
Value Choice |
||||||||||||||||||
Class
A |
$ | 15,874 | $ | 27,795 | $ | 13,167 | $ | 56,836 | ||||||||||
Class
B |
1,164 | 910 | 303 | 2,377 | ||||||||||||||
Class
C |
3,756 | 6,165 | 2,750 | 12,671 | ||||||||||||||
Class
W |
21 | 90 | 409 | 520 |
AUD Notional |
Cost |
|||||||||
---|---|---|---|---|---|---|---|---|---|---|
Balance at
10/31/11 |
| $ | | |||||||
Options
Purchased |
44,600,000 | 423,078 | ||||||||
Options
Terminated in Closing Sell Transactions |
(44,600,000 | ) | (423,078 | ) | ||||||
Options
Expired |
| | ||||||||
Balance at
4/30/12 |
| $ | |
EUR Notional |
Cost |
|||||||||
---|---|---|---|---|---|---|---|---|---|---|
Balance at
10/31/11 |
11,600,000 | $ | 348,378 | |||||||
Options
Purchased |
| | ||||||||
Options
Terminated in Closing Sell Transactions |
| | ||||||||
Options
Expired |
(11,600,000 | ) | (348,378 | ) | ||||||
Balance at
4/30/12 |
| $ | |
USD Notional |
Cost |
|||||||||
---|---|---|---|---|---|---|---|---|---|---|
Balance at
10/31/11 |
141,800,000 | $ | 2,168,314 | |||||||
Options
Purchased |
91,800,000 | 343,082 | ||||||||
Options
Terminated in Closing Sell Transactions |
468,700,000 | ) | (6,503,144 | ) | ||||||
Options
Expired |
(78,900,000 | ) | 618,113 | ) | ||||||
Balance at
4/30/12 |
86,000,000 | $ | 1,390,139 |
USD Notional |
Cost |
|||||||||
---|---|---|---|---|---|---|---|---|---|---|
Balance at
10/31/11 |
| $ | | |||||||
Options
Purchased |
5,635,000 | 82,764 | ||||||||
Options
Terminated in Closing Sell Transactions |
| | ||||||||
Options
Expired |
(5,635,000 | ) | (82,764 | ) | ||||||
Balance at
4/30/12 |
| $ | |
Number of Contracts |
Cost |
|||||||||
---|---|---|---|---|---|---|---|---|---|---|
Balance at
10/31/11 |
| $ | | |||||||
Options
Purchased |
39,800,000 | 398,000 | ||||||||
Options
Terminated in Closing Sell Transactions |
| | ||||||||
Options
Expired |
| | ||||||||
Balance at
4/30/12 |
39,800,000 | $ | 398,000 |
Number of Contracts |
Cost |
|||||||||
---|---|---|---|---|---|---|---|---|---|---|
Balance at
10/31/11 |
| $ | | |||||||
Options
Purchased |
62,945,000 | 1,601,057 | ||||||||
Options
Terminated in Closing Sell Transactions |
(34,970,000 | ) | (656,369 | ) | ||||||
Options
Expired |
| | ||||||||
Balance at
4/30/12 |
27,975,000 | $ | 944,688 |
AUD Notional |
Premiums Received |
|||||||||
---|---|---|---|---|---|---|---|---|---|---|
Balance at
10/31/11 |
| $ | | |||||||
Options
Written |
44,600,000 | 449,223 | ||||||||
Options
Terminated in Closing Purchase Transactions |
(44,600,000 | ) | (449,223 | ) | ||||||
Options
Expired |
| | ||||||||
Balance at
4/30/12 |
| $ | |
EUR Notional |
Premiums Received |
|||||||||
---|---|---|---|---|---|---|---|---|---|---|
Balance at
10/31/11 |
11,600,000 | $ | 284,546 | |||||||
Options
Written |
| | ||||||||
Options
Terminated in Closing Purchase Transactions |
| | ||||||||
Options
Expired |
(11,600,000 | ) | (284,546 | ) | ||||||
Balance at
4/30/12 |
| $ | |
USD Notional |
Premiums Received |
|||||||||
---|---|---|---|---|---|---|---|---|---|---|
Balance at
10/31/11 |
110,600,000 | $ | 1,266,276 | |||||||
Options
Written |
566,600,000 | 5,241,403 | ||||||||
Options
Terminated in Closing Purchase Transactions |
(378,100,000 | ) | (4,375,261 | ) | ||||||
Options
Expired |
(232,200,000 | ) | (1,507,200 | ) | ||||||
Balance at
4/30/12 |
66,900,000 | $ | 625,219 |
USD Notional |
Premiums Received |
|||||||||
---|---|---|---|---|---|---|---|---|---|---|
Balance at
10/31/11 |
| $ | | |||||||
Options
Written |
(16,905,000 | ) | (66,916 | ) | ||||||
Options
Terminated in Closing Purchase Transactions |
| | ||||||||
Options
Expired |
16,905,000 | 66,916 | ||||||||
Balance at
4/30/12 |
| $ | |
Number of Contracts |
Premiums Received |
|||||||||
---|---|---|---|---|---|---|---|---|---|---|
Balance at
10/31/2011 |
| $ | | |||||||
Options
Written |
79,600,000 | 398,000 | ||||||||
Options
Terminated in Closing Purchase Transactions |
| | ||||||||
Options
Expired |
| | ||||||||
Balance at
4/30/12 |
79,600,000 | $ | 398,000 |
Number of Contracts |
Premiums Received |
|||||||||
---|---|---|---|---|---|---|---|---|---|---|
Balance at
10/31/2011 |
| $ | | |||||||
Options
Written |
45,460,000 | 645,185 | ||||||||
Options
Terminated in Closing Purchase Transactions |
(17,485,000 | ) | (169,605 | ) | ||||||
Options
Expired |
| | ||||||||
Balance at
4/30/12 |
27,975,000 | $ | 475,580 |
Fund |
Days Utilized |
Approximate Average Daily Balance For Days Utilized |
Approximate Weighted Average Interest Rate For Days Utilized |
|||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Diversified
International |
2 | $ | 1,215,000 | 1.23 | % | |||||||||
Global
Bond |
9 | 3,560,000 | 1.27 | |||||||||||
Global Equity
Dividend |
3 | 550,000 | 1.30 | |||||||||||
Global
Opportunities |
11 | 586,818 | 1.24 | |||||||||||
Global Value
Choice |
17 | 21,800,294 | 1.29 | |||||||||||
Greater
China |
1 | 665,000 | 1.23 | |||||||||||
International
Real Estate |
7 | 974,286 | 1.23 | |||||||||||
International
Small Cap |
11 | 946,364 | 1.23 | |||||||||||
International
Value |
78 | 1,786,667 | 1.25 | |||||||||||
Russia |
4 | 1,167,500 | 1.28 |
Year or |
Shares sold |
Shares issued in merger |
Reinvestment of distributions |
Shares redeemed |
Shares converted |
Net increase (decrease) in shares outstanding |
Shares sold |
Payments from Distribution settlement/ affiliate (Note 16) |
Proceeds from shares issued in merger |
Reinvestment of distributions |
Redemption fee proceeds |
Shares redeemed |
Shares converted |
Net increase (decrease) |
|||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
period ended |
# |
# |
# |
# |
# |
# |
($) |
$ |
($) |
($) |
$ |
($) |
$ |
($) |
|||||||||||||||||||||||||||||||||||||||||||||
Diversified International |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
A |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
4-30-12 |
157,894 | | 78,991 | (1,383,470 | ) | | (1,146,585 | ) | 1,375,146 | | | 635,082 | | (11,941,606 | ) | | (9,931,378 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
790,343 | | 90,062 | (4,745,194 | ) | | (3,864,789 | ) | 7,627,783 | | | 863,699 | | (45,428,470 | ) | | (36,936,988 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
B |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
254 | | 2,703 | (184,533 | ) | | (181,576 | ) | 4,845 | | | 21,787 | | (1,577,993 | ) | | (1,551,361 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
607 | | 2,021 | (605,231 | ) | | (602,603 | ) | 6,016 | | | 19,384 | | (5,756,366 | ) | | (5,730,966 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
C |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
60,276 | | 9,250 | (733,509 | ) | | (663,983 | ) | 521,123 | | | 74,369 | | (6,216,291 | ) | | (5,620,799 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
194,020 | | 8,099 | (2,071,989 | ) | | (1,869,870 | ) | 1,836,873 | | | 77,503 | | (19,497,794 | ) | | (17,583,418 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
I |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
97,655 | | 14,746 | (266,432 | ) | | (154,031 | ) | 836,682 | | | 117,965 | | (2,272,553 | ) | | (1,317,906 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
1,060,810 | | 3,807 | (661,463 | ) | | 403,154 | 10,315,904 | | | 36,391 | | (6,155,133 | ) | | 4,197,162 | |||||||||||||||||||||||||||||||||||||||||||
Class
O |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
84,387 | | | (46,707 | ) | | 37,680 | 727,049 | | | | | (398,253 | ) | | 328,796 | |||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
209,526 | | | (116,325 | ) | | 93,201 | 1,989,309 | | | | | (1,059,969 | ) | | 929,340 | |||||||||||||||||||||||||||||||||||||||||||
Class
R |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
| | 171 | (4,697 | ) | | (4,526 | ) | 40 | | | 1,361 | | (38,892 | ) | | (37,491 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
| | 140 | (2,802 | ) | | (2,662 | ) | | | | 1,332 | | (27,610 | ) | | (26,278 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
W |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
11,337 | | 1,880 | (71,575 | ) | | (58,358 | ) | 98,008 | | | 14,983 | | (589,937 | ) | | (476,946 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
66,855 | | 3,496 | (170,541 | ) | | (100,190 | ) | 587,373 | | | 33,281 | | (1,612,628 | ) | | (991,974 | ) | |||||||||||||||||||||||||||||||||||||||||
Emerging Countries |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
A |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
60,891 | | | (228,548 | ) | | (167,657 | ) | 1,535,835 | 67,331 | | | | (5,488,439 | ) | | (3,885,273 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
152,170 | | 60 | (651,910 | ) | | (499,680 | ) | 4,411,448 | | | 1,388 | | (18,621,671 | ) | | (14,208,835 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
B |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
32 | | | (18,438 | ) | | (18,406 | ) | 741 | 1,893 | | | | (446,068 | ) | | (443,434 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
3,213 | | 1 | (61,760 | ) | | (58,546 | ) | 91,802 | | | 36 | | (1,758,758 | ) | | (1,666,920 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
C |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
43,781 | | | (73,876 | ) | | (30,095 | ) | 1,026,183 | 11,210 | | | | (1,646,702 | ) | | (609,309 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
30,879 | | 11 | (154,996 | ) | | (124,106 | ) | 813,881 | | | 235 | | (4,101,579 | ) | | (3,287,463 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
I |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
40,355 | | | (65,296 | ) | | (24,941 | ) | 994,221 | 8,701 | | | | (1,614,631 | ) | | (611,709 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
1,081,015 | | 3,429 | (3,241,619 | ) | | (2,157,175 | ) | 31,154,841 | | | 103,143 | | (82,565,009 | ) | | (51,307,025 | ) |
Year or |
Shares sold |
Shares issued in merger |
Reinvestment of distributions |
Shares redeemed |
Shares converted |
Net increase (decrease) in shares outstanding |
Shares sold |
Payments from Distribution settlement/ affiliate (Note 16) |
Proceeds from shares issued in merger |
Reinvestment of distributions |
Redemption fee proceeds |
Shares redeemed |
Shares converted |
Net increase (decrease) |
|||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
period ended |
# |
# |
# |
# |
# |
# |
($) |
$ |
($) |
($) |
$ |
($) |
$ |
($) |
|||||||||||||||||||||||||||||||||||||||||||||
Emerging Countries (continued) |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
W |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
48,297 | | | (60,796 | ) | | (12,499 | ) | 1,261,319 | 3,607 | | | | (1,620,522 | ) | | (355,596 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
54,828 | | 211 | (136,623 | ) | | (81,584 | ) | 1,723,097 | | | 6,626 | | (4,155,675 | ) | | (2,425,952 | ) | |||||||||||||||||||||||||||||||||||||||||
Emerging Markets Equity |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
A |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
11,563 | | 8 | (300 | ) | | 11,271 | 133,981 | | | 82 | | (3,489 | ) | | 130,574 | |||||||||||||||||||||||||||||||||||||||||||
10-11-11- 10-31-11 |
1,965 | | | (1 | ) | | 1,964 | 19,841 | | | | | (10 | ) | | 19,831 | |||||||||||||||||||||||||||||||||||||||||||
Class
C |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
| | | | | | | | | | | | | | |||||||||||||||||||||||||||||||||||||||||||||
10-11-11- 10-31-11 |
302 | | | (1 | ) | | 301 | 3,020 | | | | | (10 | ) | | 3,010 | |||||||||||||||||||||||||||||||||||||||||||
Class
I |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
1,301,068 | | 43,651 | (1,699,046 | ) | | (354,327 | ) | 14,568,391 | | | 436,485 | | (19,004,709 | ) | | (3,999,833 | ) | |||||||||||||||||||||||||||||||||||||||||
10-11-11- 10-31-11 |
8,629,474 | | | (228,984 | ) | | 8,400,490 | 86,341,357 | | | | | (2,442,177 | ) | | 83,899,180 | |||||||||||||||||||||||||||||||||||||||||||
Class
R |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
| | | | | | | | | | | | | | |||||||||||||||||||||||||||||||||||||||||||||
10-11-11- 10-31-11 |
302 | | | (1 | ) | | 301 | 3,020 | | | | | (10 | ) | | 3,010 | |||||||||||||||||||||||||||||||||||||||||||
Class
W |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
190,465 | | 6 | (17,435 | ) | | 173,036 | 2,160,161 | | | 65 | | (197,806 | ) | | 1,962,420 | |||||||||||||||||||||||||||||||||||||||||||
10-11-11- 10-31-11 |
302 | | | (1 | ) | | 301 | 3,020 | | | | | (10 | ) | | 3,010 | |||||||||||||||||||||||||||||||||||||||||||
Global Bond |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
A |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
4,767,821 | | 867,613 | (10,410,164 | ) | | (4,774,730 | ) | 55,062,222 | | | 9,883,646 | | (118,130,849 | ) | | (53,184,981 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
14,837,384 | | 940,858 | (8,773,526 | ) | | 7,004,716 | 176,621,769 | | | 11,116,131 | | (103,775,875 | ) | | 83,962,025 | |||||||||||||||||||||||||||||||||||||||||||
Class
B |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
15,076 | | 5,289 | (32,385 | ) | | (12,020 | ) | 171,527 | | | 59,703 | | (369,765 | ) | | (138,535 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
25,063 | | 10,171 | (194,167 | ) | | (158,933 | ) | 293,547 | | | 119,021 | | (2,285,314 | ) | | (1,872,746 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
C |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
2,169,337 | | 218,920 | (1,085,266 | ) | | 1,302,991 | 24,919,008 | | | 2,480,397 | | (12,450,285 | ) | | 14,949,120 | |||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
2,435,405 | | 249,324 | (2,416,578 | ) | | 268,151 | 28,754,106 | | | 2,929,190 | | (28,391,280 | ) | | 3,292,016 | |||||||||||||||||||||||||||||||||||||||||||
Class
I |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
18,725,219 | | 1,016,694 | (9,989,749 | ) | | 9,752,164 | 213,742,277 | | | 11,583,298 | | (114,935,447 | ) | | 110,390,128 | |||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
14,003,879 | | 1,101,842 | (11,781,300 | ) | | 3,324,421 | 165,827,791 | | | 12,984,986 | | (138,649,671 | ) | | 40,163,106 | |||||||||||||||||||||||||||||||||||||||||||
Class
O |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
90,861 | | 2 | (72,446 | ) | | 18,417 | 1,028,758 | | | 18 | | (820,347 | ) | | 208,429 | |||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
174,442 | | | (125,060 | ) | | 49,382 | 2,039,436 | | | | | (1,455,707 | ) | | 583,729 | |||||||||||||||||||||||||||||||||||||||||||
Class
R |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
22,510 | | 74 | | | 22,584 | 259,762 | | | 855 | | | | 260,617 | |||||||||||||||||||||||||||||||||||||||||||||
08-05-11- 10-31-11 |
249 | | | | | 249 | 3,000 | | | | | | | 3,000 | |||||||||||||||||||||||||||||||||||||||||||||
Class
W |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
909,251 | | 95,151 | (451,110 | ) | | 553,292 | 10,291,199 | | | 1,066,283 | | (5,077,501 | ) | | 6,279,981 | |||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
1,541,709 | | 77,641 | (889,160 | ) | | 730,190 | 18,139,074 | | | 901,653 | | (10,356,411 | ) | | 8,684,316 | |||||||||||||||||||||||||||||||||||||||||||
Global Equity Dividend |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
A |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
208,135 | | 25,408 | (480,731 | ) | | (247,188 | ) | 2,119,226 | | | 263,066 | | (4,890,182 | ) | | (2,507,890 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
500,530 | | 69,470 | (1,359,857 | ) | | (789,857 | ) | 5,322,885 | | | 714,783 | | (14,359,575 | ) | | (8,321,907 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
B |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
7,892 | | 2,396 | (144,765 | ) | | (134,477 | ) | 80,609 | | | 24,732 | | (1,469,397 | ) | | (1,364,056 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
9,268 | | 8,456 | (498,877 | ) | | (481,153 | ) | 96,524 | | | 87,101 | | (5,286,367 | ) | | (5,102,742 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
C |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
85,728 | | 8,096 | (330,028 | ) | | (236,204 | ) | 874,098 | | | 83,302 | | (3,361,314 | ) | | (2,403,914 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
214,192 | | 24,967 | (832,092 | ) | | (592,933 | ) | 2,264,204 | | | 255,463 | | (8,619,469 | ) | | (6,099,802 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
I |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
52,909 | | 1,795 | (90,949 | ) | | (36,245 | ) | 532,160 | | | 18,613 | | (930,285 | ) | | (379,512 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
297,406 | | 11,881 | (1,185,723 | ) | | (876,436 | ) | 3,207,782 | | | 125,874 | | (13,016,981 | ) | | (9,683,325 | ) |
Year or |
Shares sold |
Shares issued in merger |
Reinvestment of distributions |
Shares redeemed |
Shares converted |
Net increase (decrease) in shares outstanding |
Shares sold |
Payments from Distribution settlement/ affiliate (Note 16) |
Proceeds from shares issued in merger |
Reinvestment of distributions |
Redemption fee proceeds |
Shares redeemed |
Shares converted |
Net increase (decrease) |
|||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
period ended |
# |
# |
# |
# |
# |
# |
($) |
$ |
($) |
($) |
$ |
($) |
$ |
($) |
|||||||||||||||||||||||||||||||||||||||||||||
Global Equity Dividend (continued) |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
O |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
102,172 | | 463 | (115,631 | ) | | (12,996 | ) | 1,049,425 | | | 4,783 | | (1,190,085 | ) | | (135,877 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
182,639 | | 1,235 | (282,490 | ) | | (98,616 | ) | 1,915,918 | | | 12,673 | | (2,974,561 | ) | | (1,045,970 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
W |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
1,890 | | 1,234 | (30,772 | ) | | (27,648 | ) | 20,984 | | | 13,997 | | (334,719 | ) | | (299,738 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
360,187 | | 11,903 | (3,567,775 | ) | | (3,195,685 | ) | 4,101,591 | | | 135,782 | | (41,886,837 | ) | | (37,649,464 | ) | |||||||||||||||||||||||||||||||||||||||||
Global Natural Resources |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
A |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
492,200 | | 14,824 | (897,270 | ) | | (390,246 | ) | 4,683,139 | 68,377 | | 130,898 | | (8,390,346 | ) | | (3,507,932 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
1,896,425 | | 4,458 | (2,102,330 | ) | | (201,447 | ) | 19,501,873 | | | 43,516 | | (21,032,478 | ) | | (1,487,089 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
I |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
98,889 | | 415 | (71,366 | ) | | 27,938 | 898,766 | 3,153 | | 3,684 | | (672,405 | ) | | 233,198 | |||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
346,115 | | 128 | (157,521 | ) | | 188,722 | 3,455,433 | | | 1,253 | | (1,568,677 | ) | | 1,888,009 | |||||||||||||||||||||||||||||||||||||||||||
Class
W |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
119,767 | | 179 | (92,585 | ) | | 27,361 | 1,391,775 | 1,053 | | 1,998 | | (1,078,967 | ) | | 315,859 | |||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
219,268 | | 23 | (106,544 | ) | | 112,747 | 2,994,657 | | | 286 | | (1,392,177 | ) | | 1,602,766 | |||||||||||||||||||||||||||||||||||||||||||
Global Opportunities |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
A |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
106,128 | | | (484,612 | ) | | (378,484 | ) | 1,424,833 | | | | | (6,457,029 | ) | | (5,032,196 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
394,079 | | 74,951 | (2,099,213 | ) | | (1,630,183 | ) | 5,729,924 | | | 1,058,855 | | (29,965,774 | ) | | (23,176,995 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
B |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
| | | (119,154 | ) | | (119,154 | ) | | | | | | (1,529,118 | ) | | (1,529,118 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
1,629 | | 6,844 | (305,512 | ) | | (297,039 | ) | 22,273 | | | 92,973 | | (4,201,481 | ) | | (4,086,235 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
C |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
26,733 | | | (403,513 | ) | | (376,780 | ) | 330,249 | | | | | (5,115,532 | ) | | (4,785,283 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
44,579 | | 36,650 | (1,688,401 | ) | | (1,607,172 | ) | 615,566 | | | 497,929 | | (23,236,007 | ) | | (22,122,512 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
I |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
36,068 | | | (102,432 | ) | | (66,364 | ) | 466,887 | | | | | (1,410,022 | ) | | (943,135 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
149,528 | | 7,802 | (510,535 | ) | | (353,205 | ) | 2,265,528 | | | 112,177 | | (7,480,912 | ) | | (5,103,207 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
W |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
| | | (1,097 | ) | | (1,097 | ) | | | | | | (14,893 | ) | | (14,893 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
616 | | 278 | (91,171 | ) | | (90,277 | ) | 10,091 | | | 4,305 | | (1,438,902 | ) | | (1,424,506 | ) | |||||||||||||||||||||||||||||||||||||||||
Global Real Estate |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
A |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
25,322,281 | | 668,494 | (26,147,754 | ) | | (156,979 | ) | 396,038,060 | | | 10,590,722 | | (402,138,119 | ) | | 4,490,663 | ||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
35,678,698 | | 2,539,908 | (33,801,169 | ) | | 4,417,437 | 583,010,229 | | | 40,568,806 | | (539,329,675 | ) | | 84,249,360 | |||||||||||||||||||||||||||||||||||||||||||
Class
B |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
8,280 | | 6,900 | (157,768 | ) | | (142,588 | ) | 109,665 | | | 90,207 | | (2,070,850 | ) | | (1,870,978 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
15,686 | | 40,781 | (428,772 | ) | | (372,305 | ) | 211,758 | | | 543,851 | | (5,856,328 | ) | | (5,100,719 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
C |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
842,251 | | 77,204 | (1,808,617 | ) | | (889,162 | ) | 11,815,989 | | | 1,073,316 | | (25,063,313 | ) | | (12,174,008 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
3,871,056 | | 368,665 | (3,233,525 | ) | | 1,006,196 | 55,991,916 | | | 5,190,100 | | (46,083,893 | ) | | 15,098,123 | |||||||||||||||||||||||||||||||||||||||||||
Class
I |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
34,793,198 | | 1,214,269 | (17,194,900 | ) | | 18,812,567 | 544,239,216 | | | 19,323,551 | | (273,798,563 | ) | | 289,764,204 | |||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
55,667,213 | | 3,313,362 | (26,245,082 | ) | | 32,735,493 | 909,749,138 | | | 52,673,272 | | (416,986,757 | ) | | 545,435,653 | |||||||||||||||||||||||||||||||||||||||||||
Class
O |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
58,642 | | 368 | (78,723 | ) | | (19,713 | ) | 927,906 | | | 5,837 | | (1,262,768 | ) | | (329,025 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
115,732 | | 1,039 | (172,483 | ) | | (55,712 | ) | 1,892,052 | | | 16,607 | | (2,819,602 | ) | | (910,943 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
R |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
11,433 | | 37 | (218 | ) | | 11,252 | 187,143 | | | 622 | | (3,581 | ) | | 184,184 | |||||||||||||||||||||||||||||||||||||||||||
08-05-11- 10-31-11 |
193 | | | | | 193 | 2,998 | | | | | | | 2,998 | |||||||||||||||||||||||||||||||||||||||||||||
Class
W |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
3,320,384 | | 171,737 | (4,088,330 | ) | | (596,209 | ) | 53,195,785 | | | 2,732,001 | | (64,241,412 | ) | | (8,313,626 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
9,234,130 | | 684,225 | (7,206,362 | ) | | 2,711,993 | 151,468,423 | | | 10,943,660 | | (117,273,273 | ) | | 45,138,810 | |||||||||||||||||||||||||||||||||||||||||||
Global Value Choice |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
A |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
439,342 | | 716,447 | (3,380,295 | ) | | (2,224,506 | ) | 12,531,140 | 137,703 | | 19,236,583 | | (94,903,752 | ) | | (62,998,326 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
4,265,625 | | 79,834 | (3,420,485 | ) | | 924,974 | 144,603,799 | | | 2,641,663 | | (114,217,071 | ) | | 33,028,391 | |||||||||||||||||||||||||||||||||||||||||||
Class
B |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
1,255 | | 14,887 | (31,225 | ) | | (15,083 | ) | 36,498 | 3,331 | | 432,452 | | (969,501 | ) | | (497,220 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
13,043 | | 1,069 | (69,196 | ) | | (55,084 | ) | 471,719 | | | 37,866 | | (2,483,644 | ) | | (1,974,059 | ) |
Year or |
Shares sold |
Shares issued in merger |
Reinvestment of distributions |
Shares redeemed |
Shares converted |
Net increase (decrease) in shares outstanding |
Shares sold |
Payments from Distribution settlement/ affiliate (Note 16) |
Proceeds from shares issued in merger |
Reinvestment of distributions |
Redemption fee proceeds |
Shares redeemed |
Shares converted |
Net increase (decrease) |
|||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
period ended |
# |
# |
# |
# |
# |
# |
($) |
$ |
($) |
($) |
$ |
($) |
$ |
($) |
|||||||||||||||||||||||||||||||||||||||||||||
Global Value Choice (continued) |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
C |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
230,657 | | 300,547 | (1,527,737 | ) | | (996,533 | ) | 5,935,428 | 79,799 | | 7,576,794 | | (39,908,254 | ) | | (26,316,233 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
1,679,621 | | 21,518 | (705,689 | ) | | 995,450 | 53,663,379 | | | 673,274 | | (22,048,879 | ) | | 32,287,774 | |||||||||||||||||||||||||||||||||||||||||||
Class
I |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
989,162 | | 258,210 | (6,266,955 | ) | | (5,019,583 | ) | 27,546,687 | 129,275 | | 6,989,761 | | (184,887,604 | ) | | (150,221,881 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
4,607,087 | | 13,983 | (1,953,720 | ) | | 2,667,350 | 157,033,879 | | | 466,333 | | (65,663,284 | ) | | 91,836,928 | |||||||||||||||||||||||||||||||||||||||||||
Class
W |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
55,459 | | 93,751 | (291,590 | ) | | (142,380 | ) | 1,610,203 | 14,824 | | 2,535,022 | | (8,240,493 | ) | | (4,080,444 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
981,538 | | 17,025 | (1,153,978 | ) | | (155,415 | ) | 33,546,538 | | | 566,930 | | (39,295,079 | ) | | (5,181,611 | ) | |||||||||||||||||||||||||||||||||||||||||
Greater China |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
A |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
126,740 | | | (298,600 | ) | | (171,860 | ) | 1,878,557 | | | | | (4,199,746 | ) | | (2,321,189 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
313,197 | | 18,389 | (652,246 | ) | | (320,660 | ) | 5,042,890 | | | 301,511 | | (10,568,981 | ) | | (5,224,580 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
B |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
15 | | | (7,490 | ) | | (7,475 | ) | 200 | | | | | (106,586 | ) | | (106,386 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
3,916 | | 588 | (49,224 | ) | | (44,720 | ) | 58,950 | | | 9,565 | | (777,885 | ) | | (709,370 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
C |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
7,007 | | | (76,323 | ) | | (69,316 | ) | 96,383 | | | | | (1,073,672 | ) | | (977,289 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
51,777 | | 1,543 | (110,619 | ) | | (57,299 | ) | 847,711 | | | 25,099 | | (1,734,536 | ) | | (861,726 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
I |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
64,868 | | | (27,101 | ) | | 37,767 | 864,167 | | | | | (394,459 | ) | | 469,708 | |||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
52,454 | | 1,104 | (52,883 | ) | | 675 | 873,097 | | | 18,083 | | (857,921 | ) | | 33,259 | |||||||||||||||||||||||||||||||||||||||||||
Class
O |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
49,687 | | | (68,182 | ) | | (18,495 | ) | 712,409 | | | | | (976,371 | ) | | (263,962 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
174,314 | | 1 | (123,202 | ) | | 51,113 | 2,808,070 | | | 17 | | (1,928,462 | ) | | 879,625 | |||||||||||||||||||||||||||||||||||||||||||
Class
W |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
| | | | | | | | | | | | | | |||||||||||||||||||||||||||||||||||||||||||||
08-05-11- 10-31-11 |
193 | | | | | 193 | 3,000 | | | | | | | 3,000 | |||||||||||||||||||||||||||||||||||||||||||||
Index Plus International Equity |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
A |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
37,712 | | 23,845 | (64,765 | ) | | (3,208 | ) | 291,261 | | | 166,913 | | (495,988 | ) | | (37,814 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
104,858 | | 13,812 | (249,258 | ) | | (130,588 | ) | 900,553 | | | 115,330 | | (2,118,993 | ) | | (1,103,110 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
B |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
1,213 | | 544 | (10,707 | ) | | (8,950 | ) | 9,491 | | | 3,863 | | (84,840 | ) | | (71,486 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
13 | | 278 | (42,996 | ) | | (42,705 | ) | 112 | | | 2,340 | | (377,578 | ) | | (375,126 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
C |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
19,163 | | 1,589 | (7,279 | ) | | 13,473 | 149,492 | | | 11,133 | | (55,564 | ) | | 105,061 | |||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
6,716 | | 529 | (29,920 | ) | | (22,675 | ) | 56,268 | | | 4,422 | | (250,290 | ) | | (189,600 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
I |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
618,563 | | 196,582 | (1,600,677 | ) | | (785,532 | ) | 4,659,889 | | | 1,374,111 | | (12,376,217 | ) | | (6,342,217 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
5,759,325 | | 161,820 | (9,597,420 | ) | | (3,676,275 | ) | 47,802,176 | | | 1,352,813 | | (83,821,515 | ) | | (34,666,526 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
O |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
253,211 | | 5,898 | (424,925 | ) | | (165,816 | ) | 1,865,885 | | | 40,929 | | (3,208,919 | ) | | (1,302,105 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
366,085 | | 3,588 | (856,544 | ) | | (486,871 | ) | 3,074,094 | | | 29,742 | | (7,220,670 | ) | | (4,116,834 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
W |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
| | | | | | | | | | | | | | |||||||||||||||||||||||||||||||||||||||||||||
08-05-11- 10-31-11 |
378 | | | | | 378 | 3,000 | | | | | | | 3,000 | |||||||||||||||||||||||||||||||||||||||||||||
International Core |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
I |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
5,128,278 | | 393,151 | (8,573,754 | ) | | (3,052,325 | ) | 45,842,415 | | | 3,175,306 | | (78,265,978 | ) | | (29,248,257 | ) | |||||||||||||||||||||||||||||||||||||||||
02-08-11- 10-31-11 |
45,815,728 | | | (6,242,980 | ) | | 39,572,748 | 448,417,065 | | | | | (59,613,945 | ) | | 388,803,120 | |||||||||||||||||||||||||||||||||||||||||||
International Growth |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
I |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
1,564,667 | | 363,928 | (3,316,487 | ) | | (1,387,892 | ) | 14,484,563 | | | 3,049,712 | | (31,522,616 | ) | | (13,988,341 | ) | |||||||||||||||||||||||||||||||||||||||||
01-06-11- 10-31-11 |
19,924,126 | | | (3,769,437 | ) | | 16,154,689 | 199,737,196 | | | | | (38,310,028 | ) | | 161,427,168 |
Year or |
Shares sold |
Shares issued in merger |
Reinvestment of distributions |
Shares redeemed |
Shares converted |
Net increase (decrease) in shares outstanding |
Shares sold |
Payments from Distribution settlement/ affiliate (Note 16) |
Proceeds from shares issued in merger |
Reinvestment of distributions |
Redemption fee proceeds |
Shares redeemed |
Shares converted |
Net increase (decrease) |
|||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
period ended |
# |
# |
# |
# |
# |
# |
($) |
$ |
($) |
($) |
$ |
($) |
$ |
($) |
|||||||||||||||||||||||||||||||||||||||||||||
International Real Estate |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
A |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
625,371 | | 56,185 | (3,243,090 | ) | | (2,561,534 | ) | 4,760,115 | | | 419,923 | | (24,124,511 | ) | | (18,944,473 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
7,227,357 | | 1,171,944 | (11,322,447 | ) | | (2,923,146 | ) | 62,494,032 | | | 10,119,648 | | (96,244,789 | ) | | (23,631,109 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
B |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
2,349 | | 977 | (59,086 | ) | | (55,760 | ) | 17,611 | | | 7,230 | | (452,147 | ) | | (427,306 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
3,697 | | 9,939 | (87,778 | ) | | (74,142 | ) | 31,996 | | | 85,732 | | (742,635 | ) | | (624,907 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
C |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
57,257 | | 8,346 | (456,305 | ) | | (390,702 | ) | 437,642 | | | 61,658 | | (3,464,800 | ) | | (2,965,500 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
304,400 | | 80,431 | (855,106 | ) | | (470,275 | ) | 2,651,330 | | | 693,114 | | (7,322,661 | ) | | (3,978,217 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
I |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
8,321,266 | | 77,519 | (8,091,087 | ) | | 307,698 | 62,273,393 | | | 584,979 | | (61,708,020 | ) | | 1,150,352 | |||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
7,030,985 | | 329,211 | (16,139,496 | ) | | (8,779,300 | ) | 60,667,094 | | | 2,824,850 | | (138,463,131 | ) | | (74,971,187 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
W |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
939,138 | | 4,648 | (942,261 | ) | | 1,525 | 7,134,847 | | | 35,069 | | (6,960,750 | ) | | 209,166 | |||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
1,339,658 | | 25,637 | (640,252 | ) | | 725,043 | 11,650,245 | | | 220,522 | | (5,378,733 | ) | | 6,492,034 | |||||||||||||||||||||||||||||||||||||||||||
International Small Cap |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
A |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
162,691 | | 40,026 | (511,159 | ) | | (308,442 | ) | 5,889,780 | 270,209 | | 1,274,839 | | (18,036,639 | ) | | (10,601,811 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
622,313 | | 11,418 | (1,662,144 | ) | | (1,028,413 | ) | 24,861,014 | 43,448 | | 445,420 | | (65,716,954 | ) | | (40,367,072 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
B |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
15 | | 282 | (14,341 | ) | | (14,044 | ) | 498 | 6,794 | | 9,527 | | (539,491 | ) | | (522,672 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
148 | | 1 | (59,948 | ) | | (59,799 | ) | 6,278 | 1,163 | | 49 | | (2,536,178 | ) | | (2,528,688 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
C |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
11,621 | | 6,506 | (74,512 | ) | | (56,385 | ) | 388,801 | 64,016 | | 193,956 | | (2,470,326 | ) | | (1,823,553 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
15,965 | | 15 | (191,906 | ) | | (175,926 | ) | 598,166 | 10,010 | | 477 | | (7,103,227 | ) | | (6,494,574 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
I |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
147,782 | | 42,183 | (1,647,325 | ) | | (1,457,360 | ) | 5,085,397 | 402,186 | | 1,340,151 | | (55,574,112 | ) | | (48,746,378 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
1,087,598 | | 21,402 | (2,380,895 | ) | | (1,271,895 | ) | 43,168,247 | 70,572 | | 834,463 | | (90,223,469 | ) | | (46,150,187 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
O |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
11,067 | | | (6,611 | ) | | 4,456 | 396,763 | 3,932 | | | | (232,003 | ) | | 168,692 | |||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
23,889 | | | (14,538 | ) | | 9,351 | 947,636 | 597 | | | | (569,560 | ) | | 378,673 | |||||||||||||||||||||||||||||||||||||||||||
Class
W |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
152,256 | | 11,768 | (48,712 | ) | | 115,312 | 5,911,278 | 74,847 | | 444,615 | | (2,080,313 | ) | | 4,350,427 | |||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
223,881 | | 5,091 | (543,204 | ) | | (314,232 | ) | 10,339,982 | 10,572 | | 235,018 | | (26,455,767 | ) | | (15,870,195 | ) | |||||||||||||||||||||||||||||||||||||||||
International Value Choice |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
A |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
297,597 | | 61,290 | (434,966 | ) | | (76,079 | ) | 2,830,125 | | | 549,768 | | (4,098,956 | ) | | (719,063 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
700,913 | | 16,673 | (710,198 | ) | | 7,388 | 7,732,588 | | | 183,909 | | (7,787,412 | ) | | 129,085 | |||||||||||||||||||||||||||||||||||||||||||
Class
B |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
143 | | 642 | (3,880 | ) | | (3,095 | ) | 1,279 | | | 5,729 | | (37,136 | ) | | (30,128 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
2,967 | | | (62,387 | ) | | (59,420 | ) | 32,117 | | | | | (676,895 | ) | | (644,778 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
C |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
24,801 | | 6,462 | (64,355 | ) | | (33,092 | ) | 231,358 | | | 57,515 | | (609,506 | ) | | (320,633 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
102,250 | | 874 | (137,507 | ) | | (34,383 | ) | 1,109,821 | | | 9,548 | | (1,454,328 | ) | | (334,959 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
I |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
135,697 | | 6,943 | (244,545 | ) | | (101,905 | ) | 1,254,999 | | | 62,143 | | (2,263,692 | ) | | (946,550 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
1,211,619 | | 14,302 | (2,458,363 | ) | | (1,232,442 | ) | 13,488,923 | | | 157,468 | | (25,305,252 | ) | | (11,658,861 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
W |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
229,519 | | 221 | (19,669 | ) | | 210,071 | 2,168,749 | | | 1,980 | | (182,330 | ) | | 1,988,399 | |||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
6,762 | | 47 | (3,616 | ) | | 3,193 | 75,798 | | | 516 | | (40,182 | ) | | 36,132 | |||||||||||||||||||||||||||||||||||||||||||
International Value |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
A |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
1,102,615 | | 624,186 | (8,035,697 | ) | | (6,308,896 | ) | 11,144,399 | 370,454 | | 5,904,795 | | (81,782,530 | ) | | (64,362,882 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
2,713,615 | | 687,338 | (21,092,834 | ) | | (17,691,881 | ) | 31,514,665 | 48,376 | | 7,909,938 | | (245,656,346 | ) | | (206,183,367 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
B |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
3,308 | | 1,473 | (48,860 | ) | | (44,079 | ) | 33,148 | 1,679 | | 14,127 | | (511,196 | ) | | (462,242 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
953 | | 5 | (134,706 | ) | | (133,748 | ) | 15,458 | 233 | | 57 | | (1,596,187 | ) | | (1,580,439 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
C |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
76,811 | | 203,326 | (1,953,700 | ) | | (1,673,563 | ) | 720,115 | 166,718 | | 1,872,630 | | (19,315,366 | ) | | (16,555,903 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 | 125,441 | | 190,553 | (5,369,143 | ) | | (5,053,149 | ) | 1,422,732 | 21,392 | | 2,131,679 | | (60,913,970 | ) | | (57,338,167 | ) |
Year or |
Shares sold |
Shares issued in merger |
Reinvestment of distributions |
Shares redeemed |
Shares converted |
Net increase (decrease) in shares outstanding |
Shares sold |
Payments from Distribution settlement/ affiliate (Note 16) |
Proceeds from shares issued in merger |
Reinvestment of distributions |
Redemption fee proceeds |
Shares redeemed |
Shares converted |
Net increase (decrease) |
|||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
period ended |
# |
# |
# |
# |
# |
# |
($) |
$ |
($) |
($) |
$ |
($) |
$ |
($) |
|||||||||||||||||||||||||||||||||||||||||||||
International Value (continued) |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
I |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
1,364,559 | | 716,678 | (5,507,937 | ) | | (3,426,700 | ) | 13,965,256 | 321,337 | | 6,736,772 | | (55,454,535 | ) | | (34,431,170 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
10,647,783 | | 658,850 | (25,034,873 | ) | | (13,728,240 | ) | 125,628,816 | 45,553 | | 7,549,252 | | (291,421,213 | ) | | (158,197,592 | ) | |||||||||||||||||||||||||||||||||||||||||
Class
W |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
| | 413 | (14,784 | ) | | (14,371 | ) | | 403 | | 3,889 | | (149,852 | ) | | (145,560 | ) | |||||||||||||||||||||||||||||||||||||||||
10-31-11 |
11,107 | | 46,331 | (2,099,066 | ) | | (2,041,628 | ) | 128,517 | 70 | | 530,953 | | (24,170,447 | ) | | (23,510,907 | ) | |||||||||||||||||||||||||||||||||||||||||
Russia |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class
A |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
299,174 | | | (1,294,379 | ) | | (995,205 | ) | 9,946,253 | | | | (31,559 | ) | (42,191,321 | ) | | (32,213,509 | ) | ||||||||||||||||||||||||||||||||||||||||
10-31-11 |
1,257,704 | | | (3,228,676 | ) | | (1,970,972 | ) | 51,432,518 | | | | (180,692 | ) | (124,889,133 | ) | | (73,275,923 | ) | ||||||||||||||||||||||||||||||||||||||||
Class
I |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
198,593 | | | (116,463 | ) | | 82,130 | 6,650,140 | | | | (10,838 | ) | (3,979,819 | ) | | 2,681,159 | ||||||||||||||||||||||||||||||||||||||||||
10-31-11 |
263,755 | | | (174,657 | ) | | 89,098 | 10,631,704 | | | | (37,248 | ) | (6,576,891 | ) | | 4,092,061 | ||||||||||||||||||||||||||||||||||||||||||
Class
W |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
04-30-12 |
129 | | | | | 129 | 4,250 | | | | | | | 4,250 | |||||||||||||||||||||||||||||||||||||||||||||
08-05-11- 10-31-11(1) |
76 | | | | | 76 | 3,001 | | | | | | | 3,001 |
Fund |
Value of Securities Loaned |
Cash Collateral Received |
||||||||
---|---|---|---|---|---|---|---|---|---|---|
Emerging
Countries |
$ | 1,999,361 | $ | 2,063,440 | ||||||
Emerging
Markets Equity |
3,359,384 | 3,473,684 | ||||||||
Global Equity
Dividend |
1,089,165 | 1,132,312 | ||||||||
Global
Opportunities |
1,536,024 | 1,602,110 | ||||||||
Global Real
Estate |
22,936,563 | 24,619,816 | ||||||||
Global Value
Choice |
7,032,505 | 7,336,000 | ||||||||
International
Growth |
2,640,845 | 2,772,080 | ||||||||
International
Small Cap |
683,603 | 741,188 | ||||||||
International
Value |
1,107,006 | 1,163,203 | ||||||||
Russia |
3,421,824 | 3,579,863 |
Six Months Ended April 30, 2012 |
Year Ended October 31, 2011 |
||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Ordinary Income |
Long-term Capital Gains |
Return of Capital |
Ordinary Income |
Return of Capital |
|||||||||||||||||||
Diversified
International |
$ | 1,060,003 | $ | | $ | | $ | 1,061,111 | $ | 191,335 | |||||||||||||
Emerging
Countries |
| | | 113,431 | | ||||||||||||||||||
Emerging
Markets Equity |
196,323 | 240,369 | | | | ||||||||||||||||||
Global
Bond |
22,796,982 | 6,777,748 | | 32,360,506 | | ||||||||||||||||||
Global Equity
Dividend |
678,319 | | | 2,094,033 | | ||||||||||||||||||
Global Natural
Resources |
158,734 | | | 53,412 | | ||||||||||||||||||
Global
Opportunities |
| | | 2,210,341 | | ||||||||||||||||||
Global Real
Estate(1) |
13,883,216 | | 6,244,733 | 42,768,770 | 44,855,276 | ||||||||||||||||||
Global Value
Choice |
32,519,187 | 29,043,044 | | 8,011,477 | | ||||||||||||||||||
Greater
China |
| | | 456,558 | | ||||||||||||||||||
Index Plus
International Equity |
2,495,861 | | | 2,092,268 | | ||||||||||||||||||
International
Core |
3,175,306 | | | | | ||||||||||||||||||
International
Growth |
3,049,712 | | | | | ||||||||||||||||||
International
Real Estate |
4,788,534 | | | 33,254,520 | | ||||||||||||||||||
International
Small Cap |
5,339,421 | | | 2,615,060 | | ||||||||||||||||||
International
Value Choice |
774,426 | | | 391,851 | | ||||||||||||||||||
International
Value |
18,093,661 | | | 23,226,893 | |
(1) |
Composition of dividends and distributions presented herein is based on the Funds current tax period (four months ended April 30, 2012) and tax year ended December 31, 2011. Composition of current period amounts may change after the Funds tax year-end of December 31, 2012. |
Undistributed Ordinary Income |
Undistributed Long-Term Capital Gains |
Unrealized Appreciation/ (Depreciation) |
Capital Loss Carryforwards |
Expiration |
||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Diversified
International |
$ | | $ | | $ | (6,674,750 | ) | $ | (28,060,058 | ) | 2016 | |||||||||||
(93,445,922 | ) | 2017 | ||||||||||||||||||||
(33,117,873 | ) | 2018 | ||||||||||||||||||||
(824,702 | ) | 2019 | ||||||||||||||||||||
$ | (155,448,555 | ) | ||||||||||||||||||||
Emerging
Countries |
| | 8,140,668 | (34,410,065 | ) | 2016 | ||||||||||||||||
(41,200,730 | ) | 2017 | ||||||||||||||||||||
$ | (75,610,795 | ) | ||||||||||||||||||||
Emerging Markets
Equity |
170,335 | 238,655 | 5,920,296 | | | |||||||||||||||||
Global
Bond |
8,144,042 | 6,774,863 | (6,088,537 | ) | | | ||||||||||||||||
Global Equity
Dividend |
145,373 | | (2,471,040 | ) | (11,027,596 | ) | 2016 | |||||||||||||||
(71,676,150 | ) | 2017 | ||||||||||||||||||||
$ | (82,703,746 | ) | ||||||||||||||||||||
Global Natural
Resources |
| | 12,800,832 | (14,439,138 | ) | 2017 | ||||||||||||||||
Global
Opportunities |
| | 3,787,774 | (32,434,268 | ) | 2016 | ||||||||||||||||
(80,200,325 | ) | 2017 | ||||||||||||||||||||
$ | (112,634,593 | ) | ||||||||||||||||||||
Global Real
Estate(1)(2) |
| | 173,819,626 | (164,232,218 | ) | 2016 | ||||||||||||||||
(414,424,595 | ) | 2017 | ||||||||||||||||||||
(79,668,453 | ) | 2018 | ||||||||||||||||||||
(33,295,670 | )(3) | N/A | ||||||||||||||||||||
$ | (691,620,936 | ) |
Undistributed Ordinary Income |
Undistributed Long-Term Capital Gains |
Unrealized Appreciation/ (Depreciation) |
Capital Loss Carryforwards |
Expiration |
||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Global Value
Choice |
$ | 31,929,361 | $ | 29,040,761 | $ | (22,000,980 | ) | $ | | $ | | |||||||||||
Greater
China |
| | 1,020,998 | (116,039 | ) | 2017 | ||||||||||||||||
Index Plus
International Equity |
2,232,942 | | 1,903,233 | (27,339,841 | ) | 2016 | ||||||||||||||||
(46,742,747 | ) | 2017 | ||||||||||||||||||||
$ | (74,082,588 | ) | ||||||||||||||||||||
International
Core |
2,806,773 | | (25,065,340 | ) | (16,908,766 | ) | 2019 | |||||||||||||||
International
Growth |
3,010,653 | | (14,187,336 | ) | | | ||||||||||||||||
International
Real Estate |
1,028,620 | | (13,011,772 | ) | (26,312 | ) | 2014 | |||||||||||||||
(2,556,095 | ) | 2015 | ||||||||||||||||||||
(67,952,089 | ) | 2016 | ||||||||||||||||||||
(159,911,905 | ) | 2017 | ||||||||||||||||||||
(43,046,092 | ) | 2018 | ||||||||||||||||||||
(4,399,061 | ) | 2019 | ||||||||||||||||||||
$ | (277,891,554 | ) | ||||||||||||||||||||
International
Small Cap |
4,065,962 | | 1,483,935 | (77,906,736 | ) | 2016 | ||||||||||||||||
(202,973,948 | ) | 2017 | ||||||||||||||||||||
$ | (280,880,684 | ) | ||||||||||||||||||||
International
Value Choice |
725,910 | | (2,450,294 | ) | (14,545,893 | ) | 2017 | |||||||||||||||
(362,042 | ) | 2019 | ||||||||||||||||||||
$ | (14,907,935 | ) | ||||||||||||||||||||
International
Value |
16,474,089 | | (96,572,670 | ) | (810,539,013 | ) | 2017 | |||||||||||||||
(70,133,094 | ) | 2018 | ||||||||||||||||||||
(8,757,263 | ) | 2019 | ||||||||||||||||||||
$ | (889,429,370 | ) | ||||||||||||||||||||
Russia |
| | 60,506,771 | (66,111,223 | ) | 2017 | ||||||||||||||||
(21,810,157 | ) | 2018 | ||||||||||||||||||||
$ | (87,921,380 | ) |
(1) |
As of the Funds tax year ended December 31, 2011. |
(2) |
The Fund also had post-October capital losses deferred of $2,950,661 and late year ordinary losses deferred of $14,507,115. |
(3) |
$(31,975,045) is short-term and $(1,320,625) is long-term. |
Emerging
Countries |
$ | 92,742 | ||||
Global Natural
Resources |
72,583 | |||||
Global Value
Choice |
364,932 | |||||
International
Small Cap |
821,984 | |||||
International
Value |
860,591 |
Global Value
Choice |
$ | 389,524 | ||||
Index Plus
International Equity |
14,363 | |||||
International
Capital Appreciation |
17,464 | |||||
International
SmallCap |
1,034,530 | |||||
International
Value |
2,544,969 |
International
SmallCap |
$ | 136,362 | ||||
International
Value |
115,624 |
Per Share Amount |
Payable Date |
Record Date |
||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Global
Bond |
||||||||||||||
Class
A |
$ | 0.0417 | May 2, 2012 |
April 30, 2012 |
||||||||||
Class
B |
$ | 0.0348 | May 2, 2012 |
April 30, 2012 |
||||||||||
Class
C |
$ | 0.0346 | May 2, 2012 |
April 30, 2012 |
||||||||||
Class
I |
$ | 0.0446 | May 2, 2012 |
April 30, 2012 |
||||||||||
Class
O |
$ | 0.0417 | May 2, 2012 |
April 30, 2012 |
||||||||||
Class
R |
$ | 0.0393 | May 2, 2012 |
April 30, 2012 |
||||||||||
Class
W |
$ | 0.0441 | May 2, 2012 |
April 30, 2012 |
||||||||||
Class
A |
$ | 0.0417 | June 4, 2012 |
May 31, 2012 |
||||||||||
Class
B |
$ | 0.0347 | June 4, 2012 |
May 31, 2012 |
||||||||||
Class
C |
$ | 0.0346 | June 4, 2012 |
May 31, 2012 |
||||||||||
Class
I |
$ | 0.0447 | June 4, 2012 |
May 31, 2012 |
||||||||||
Class
O |
$ | 0.0418 | June 4, 2012 |
May 31, 2012 |
||||||||||
Class
R |
$ | 0.0394 | June 4, 2012 |
May 31, 2012 |
||||||||||
Class
W |
$ | 0.0442 | June 4, 2012 |
May 31, 2012 |
Shares |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXCHANGE-TRADED FUNDS: 4.5% |
|||||||||||||||||||
111,400 |
iShares MSCI EAFE Value Index |
$ | 5,063,130 | 4.5 | |||||||||||||||
Total
Exchange-Traded Funds |
|||||||||||||||||||
(Cost
$5,266,707) |
5,063,130 | 4.5 | |||||||||||||||||
MUTUAL FUNDS: 95.7% |
|||||||||||||||||||
Affiliated Investment Companies: 95.7% |
|||||||||||||||||||
1,488,695 |
ING Emerging Markets Equity Fund Class I |
16,941,344 | 15.0 | ||||||||||||||||
4,863,662 |
ING International Core Fund Class I |
45,183,422 | 40.1 | ||||||||||||||||
2,325,066 |
ING International Growth Fund Class I |
22,576,390 | 20.1 | ||||||||||||||||
149,896 |
ING International SmallCap Fund Class I |
5,646,578 | 5.0 | ||||||||||||||||
MUTUAL FUNDS: (continued) |
|||||||||||||||||||
Affiliated Investment Companies: (continued) |
|||||||||||||||||||
1,710,882 |
ING International Value Fund Class I |
$ | 17,468,107 | 15.5 | |||||||||||||||
Total
Mutual Funds |
|||||||||||||||||||
(Cost
$103,513,362) |
107,815,841 | 95.7 | |||||||||||||||||
Total Investments in Securities (Cost $108,780,069) |
$ | 112,878,971 | 100.2 | ||||||||||||||||
Liabilities in Excess of Other Assets |
(231,470 | ) | (0.2 | ) | |||||||||||||||
Net Assets |
$ | 112,647,501 | 100.0 |
Cost
for federal income tax purposes is $110,204,694. |
|||||||
Net unrealized
appreciation consists of: |
|||||||
Gross
Unrealized Appreciation |
$ | 5,077,012 | |||||
Gross
Unrealized Depreciation |
(2,402,735 | ) | |||||
Net
Unrealized Appreciation |
$ | 2,674,277 |
Quoted Prices in Active Markets for Identical Investments (Level 1) |
Significant Other Observable Inputs (Level 2) |
Significant Unobservable Inputs (Level 3) |
Fair Value at 4/30/2012 |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset
Table |
||||||||||||||||||
Investments,
at value |
||||||||||||||||||
Exchange-Traded
Funds |
$ | 5,063,130 | $ | | $ | | $ | 5,063,130 | ||||||||||
Mutual
Funds |
107,815,841 | | | 107,815,841 | ||||||||||||||
Total
Investments, at value |
$ | 112,878,971 | $ | | $ | | $ | 112,878,971 |
ˆ |
See Note 2, Significant Accounting Policies in the Notes to Financial Statements for additional information. |
Shares |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 98.9% |
|||||||||||||||||||
Argentina: 0.3% |
|||||||||||||||||||
17,500 |
Other Securities |
$ | 255,150 | 0.3 | |||||||||||||||
Brazil: 16.4% |
|||||||||||||||||||
48,700 |
BRF Brasil Foods SA ADR |
897,541 | 1.1 | ||||||||||||||||
19,200 |
Cia de Bebidas das Americas ADR |
806,016 | 1.0 | ||||||||||||||||
6,900 |
Cia de Saneamento Basico do Estado de Sao Paulo ADR |
546,204 | 0.7 | ||||||||||||||||
20,500 |
Cia Energetica de Minas Gerais ADR |
505,735 | 0.6 | ||||||||||||||||
65,100 |
Gerdau SA ADR |
611,289 | 0.7 | ||||||||||||||||
78,700 |
Itau Unibanco Holding SA ADR |
1,234,803 | 1.5 | ||||||||||||||||
93,240 |
Petroleo Brasileiro SA ADR |
2,163,212 | 2.7 | ||||||||||||||||
30,300 |
Telefonica Brasil SA ADR |
862,641 | 1.1 | ||||||||||||||||
17,200 |
Tim Participacoes SA ADR |
514,796 | 0.6 | ||||||||||||||||
97,600 |
Vale SA ADR |
2,133,660 | 2.6 | ||||||||||||||||
305,880 |
Other Securities(a) |
3,057,033 | 3.8 | ||||||||||||||||
13,332,930 | 16.4 | ||||||||||||||||||
China: 15.7% |
|||||||||||||||||||
2,210,000 |
Bank of China Ltd. |
920,292 | 1.1 | ||||||||||||||||
1,868,000 |
China Construction Bank |
1,449,651 | 1.8 | ||||||||||||||||
25,500 |
China Mobile Ltd. |
282,120 | 0.4 | ||||||||||||||||
127,500 |
@ |
China Shenhua Energy Co., Ltd. |
563,047 | 0.7 | |||||||||||||||
29,600 |
L |
China Unicom Hong Kong Ltd. ADR |
514,448 | 0.6 | |||||||||||||||
418,000 |
CNOOC Ltd. |
883,296 | 1.1 | ||||||||||||||||
52,500 |
Hengan International Group Co., Ltd. |
554,748 | 0.7 | ||||||||||||||||
2,196,000 |
Industrial and Commercial Bank of China Ltd. |
1,459,097 | 1.8 | ||||||||||||||||
2,400 |
PetroChina Co., Ltd. ADR |
357,168 | 0.4 | ||||||||||||||||
538,000 |
PetroChina Co., Ltd. |
802,533 | 1.0 | ||||||||||||||||
69,000 |
Ping An Insurance Group Co. of China Ltd. |
573,132 | 0.7 | ||||||||||||||||
3,237,400 |
Other Securities(a) |
4,408,869 | 5.4 | ||||||||||||||||
12,768,401 | 15.7 | ||||||||||||||||||
Hong Kong: 3.6% |
|||||||||||||||||||
12,400 |
China Mobile Ltd. ADR |
686,216 | 0.8 | ||||||||||||||||
3,000 |
CNOOC Ltd. ADR |
634,950 | 0.8 | ||||||||||||||||
1,204,400 |
Other Securities |
1,634,831 | 2.0 | ||||||||||||||||
2,955,997 | 3.6 | ||||||||||||||||||
India: 3.3% |
|||||||||||||||||||
12,600 |
Infosys Technologies Ltd. ADR |
596,610 | 0.7 | ||||||||||||||||
24,238 |
# |
Reliance Industries Ltd. GDR |
685,546 | 0.9 | |||||||||||||||
22,400 |
Tata Motors Ltd. ADR ADR |
666,400 | 0.8 | ||||||||||||||||
21,200 |
Other Securities |
723,792 | 0.9 | ||||||||||||||||
2,672,348 | 3.3 | ||||||||||||||||||
COMMON STOCK: (continued) |
|||||||||||||||||||
Indonesia: 1.5% |
|||||||||||||||||||
175,500 |
United Tractors Tbk PT |
$ | 562,986 | 0.7 | |||||||||||||||
616,500 |
Other Securities |
687,835 | 0.8 | ||||||||||||||||
1,250,821 | 1.5 | ||||||||||||||||||
Israel: 0.5% |
|||||||||||||||||||
36,763 |
Other Securities |
420,526 | 0.5 | ||||||||||||||||
Kazakhstan: 0.4% |
|||||||||||||||||||
15,031 |
Other Securities |
299,958 | 0.4 | ||||||||||||||||
Malaysia: 0.9% |
|||||||||||||||||||
786,100 |
Other Securities |
701,048 | 0.9 | ||||||||||||||||
Mexico: 4.2% |
|||||||||||||||||||
143,936 |
@ |
Cemex SAB de CV ADR |
1,040,657 | 1.3 | |||||||||||||||
38,900 |
Grupo Televisa SAB ADR |
854,633 | 1.0 | ||||||||||||||||
348,900 |
Other Securities |
1,514,067 | 1.9 | ||||||||||||||||
3,409,357 | 4.2 | ||||||||||||||||||
Netherlands: 0.5% |
|||||||||||||||||||
37,400 |
Other Securities |
381,106 | 0.5 | ||||||||||||||||
Peru: 0.3% |
|||||||||||||||||||
5,100 |
Other Securities |
210,477 | 0.3 | ||||||||||||||||
Poland: 0.9% |
|||||||||||||||||||
222,643 |
Other Securities |
719,420 | 0.9 | ||||||||||||||||
Russia: 7.0% |
|||||||||||||||||||
77,300 |
Gazprom OAO ADR |
892,042 | 1.1 | ||||||||||||||||
20,056 |
Lukoil OAO ADR |
1,230,435 | 1.5 | ||||||||||||||||
118,167 |
Sberbank of Russia ADR |
1,530,263 | 1.9 | ||||||||||||||||
13,974 |
Tatneft ADR |
518,706 | 0.6 | ||||||||||||||||
115,836 |
Other Securities |
1,521,663 | 1.9 | ||||||||||||||||
5,693,109 | 7.0 | ||||||||||||||||||
South Africa: 6.6% |
|||||||||||||||||||
21,066 |
Exxaro Resources Ltd. |
561,629 | 0.7 | ||||||||||||||||
26,163 |
Imperial Holdings Ltd. |
568,888 | 0.7 | ||||||||||||||||
8,800 |
Sasol Ltd. ADR |
417,384 | 0.5 | ||||||||||||||||
15,228 |
Sasol Ltd. |
724,008 | 0.9 | ||||||||||||||||
37,844 |
Standard Bank Group Ltd. |
559,043 | 0.7 | ||||||||||||||||
14,001 |
Tiger Brands Ltd. |
513,511 | 0.6 | ||||||||||||||||
141,324 |
Other Securities |
2,021,916 | 2.5 | ||||||||||||||||
5,366,379 | 6.6 | ||||||||||||||||||
South Korea: 17.6% |
|||||||||||||||||||
4,058 |
Hyundai Motor Co. |
957,973 | 1.2 | ||||||||||||||||
18,700 |
KB Financial Group, Inc. ADR |
634,491 | 0.8 | ||||||||||||||||
2,891 |
KCC Corp. |
739,292 | 0.9 | ||||||||||||||||
7,674 |
Kia Motors Corp. |
563,110 | 0.7 | ||||||||||||||||
61,900 |
KT Corp. ADR |
795,415 | 1.0 | ||||||||||||||||
2,093 |
Samsung Electronics Co., Ltd. |
2,561,751 | 3.1 | ||||||||||||||||
3,570 |
Samsung Electronics Co., Ltd. GDR |
2,178,553 | 2.7 |
Shares |
|
|
|
Value |
|
Percentage of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: (continued) |
|||||||||||||||||||
South Korea: (continued) |
|||||||||||||||||||
3,550 |
# |
Samsung Life Insurance Co. Ltd. |
$ | 313,387 | 0.4 | ||||||||||||||
55,000 |
SK Telecom Co., Ltd. ADR |
743,600 | 0.9 | ||||||||||||||||
133,911 |
Other Securities |
4,804,860 | 5.9 | ||||||||||||||||
14,292,432 | 17.6 | ||||||||||||||||||
Taiwan: 7.1% |
|||||||||||||||||||
102,484 |
Hon
Hai Precision Industry Co., Ltd. GDR |
620,258 | 0.8 | ||||||||||||||||
304,000 |
Hon Hai Precision Industry Co., Ltd. |
955,830 | 1.2 | ||||||||||||||||
232,000 |
Taiwan Semiconductor Manufacturing Co., Ltd. |
685,708 | 0.8 | ||||||||||||||||
86,700 |
Taiwan Semiconductor Manufacturing Co., Ltd. ADR |
1,350,786 | 1.6 | ||||||||||||||||
2,059,000 |
Other Securities |
2,185,601 | 2.7 | ||||||||||||||||
5,798,183 | 7.1 | ||||||||||||||||||
Thailand: 4.3% |
|||||||||||||||||||
385,400 |
Charoen Pokphand Foods PCL |
509,520 | 0.6 | ||||||||||||||||
98,200 |
PTT PCL |
1,119,935 | 1.4 | ||||||||||||||||
984,500 |
Other Securities |
1,854,564 | 2.3 | ||||||||||||||||
3,484,019 | 4.3 | ||||||||||||||||||
Turkey: 1.3% |
|||||||||||||||||||
219,313 |
Other Securities |
1,043,015 | 1.3 | ||||||||||||||||
United Arab Emirates: 0.5% |
|||||||||||||||||||
45,268 |
Other Securities |
432,343 | 0.5 | ||||||||||||||||
United Kingdom: 0.5% |
|||||||||||||||||||
20,600 |
Other Securities |
397,168 | 0.5 | ||||||||||||||||
United States: 5.5% |
|||||||||||||||||||
29,300 |
Archer-Daniels-Midland Co. |
903,319 | 1.1 | ||||||||||||||||
111,700 |
Avon Products, Inc. |
2,412,720 | 3.0 | ||||||||||||||||
47,300 |
@ |
Yahoo!, Inc. |
735,042 | 0.9 | |||||||||||||||
6,700 |
Other Securities |
432,150 | 0.5 | ||||||||||||||||
4,483,231 | 5.5 | ||||||||||||||||||
Total
Common Stock |
|||||||||||||||||||
(Cost
$77,703,034) |
80,367,418 | 98.9 | |||||||||||||||||
EXCHANGE-TRADED FUNDS: 0.4% |
|||||||||||||||||||
47,800 |
Other Securities |
281,064 | 0.4 | ||||||||||||||||
Total
Exchange-Traded Funds |
|||||||||||||||||||
(Cost
$277,752) |
281,064 | 0.4 | |||||||||||||||||
Total
Long-Term Investments |
|||||||||||||||||||
(Cost
$77,980,786) |
80,648,482 | 99.3 |
Principal Amount |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHORT-TERM INVESTMENTS: 2.5% |
|||||||||||||||||||
Securities Lending Collateralcc(1): 2.5% |
|||||||||||||||||||
1,000,000 |
Cantor Fitzgerald, Repurchase Agreement dated 04/30/12, 0.22%, due 05/01/12 (Repurchase Amount
$1,000,006, collateralized by various U.S. Government and U.S. Government Agency Obligations, 0.000%7.125%, Market Value plus accrued interest
$1,020,000, due 05/01/5109/01/49) |
$ | 1,000,000 | 1.2 | |||||||||||||||
1,000,000 |
Daiwa Capital Markets, Repurchase Agreement dated 04/30/12, 0.24%, due 05/01/12 (Repurchase Amount
$1,000,007, collateralized by various U.S. Government and U.S. Government Agency Obligations, 0.000%8.875%, Market Value plus accrued interest
$1,020,000, due 05/17/1208/01/47) |
1,000,000 | 1.2 | ||||||||||||||||
63,440 |
Mizuho Securities USA Inc., Repurchase Agreement dated 04/30/12, 0.23%, due 05/01/12 (Repurchase Amount
$63,440, collateralized by various U.S. Government Agency Obligations, 0.000%7.500%, Market Value plus accrued interest $64,709, due
02/01/2602/25/44) |
63,440 | 0.1 | ||||||||||||||||
2,063,440 | 2.5 | ||||||||||||||||||
Total
Short-Term Investments |
|||||||||||||||||||
(Cost
$2,063,440) |
2,063,440 | 2.5 | |||||||||||||||||
Total Investments in Securities (Cost $80,044,226) |
$ | 82,711,922 | 101.8 | ||||||||||||||||
Liabilities in Excess of Other Assets |
(1,481,782 | ) | (1.8 | ) | |||||||||||||||
Net Assets |
$ | 81,230,140 | 100.0 |
|
Unless otherwise indicated, principal amount is shown in USD. |
# |
Securities with purchases pursuant to Rule 144A or section 4(2), under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers. |
@ |
Non-income producing security |
ADR |
American Depositary Receipt |
GDR |
Global Depositary Receipt |
cc |
Securities purchased with cash collateral for securities loaned. |
L |
Loaned security, a portion or all of the security is on loan at April 30, 2012. |
(1) |
Collateral received from brokers for securities lending was invested into these short-term investments. |
(a) |
This grouping contains securities on loan. |
Cost for federal income tax purposes is $81,768,023. |
Net unrealized
appreciation consists of: |
||||||
Gross
Unrealized Appreciation |
$ | 7,899,716 | ||||
Gross
Unrealized Depreciation |
(6,955,817 | ) | ||||
Net
Unrealized Appreciation |
$ | 943,899 |
Sector Diversification |
Percentage of Net Assets |
|||||
---|---|---|---|---|---|---|
Consumer
Discretionary |
8.0 | % | ||||
Consumer
Staples |
13.5 | |||||
Energy |
16.4 | |||||
Exchange-Traded
Funds |
0.4 | |||||
Financials |
16.4 | |||||
Industrials |
4.7 | |||||
Information
Technology |
17.1 | |||||
Materials |
12.5 | |||||
Telecommunications |
8.7 | |||||
Utilities |
1.6 | |||||
Short-Term
Investments |
2.5 | |||||
Liabilities in
Excess of Other Assets |
(1.8 | ) | ||||
Net
Assets |
100.0 | % |
Quoted Prices in Active Markets for Identical Investments (Level 1) |
Significant Other Observable Inputs # (Level 2) |
Significant Unobservable Inputs (Level 3) |
Fair Value at 4/30/2012 |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset
Table |
||||||||||||||||||
Investments,
at value |
||||||||||||||||||
Common
Stock |
||||||||||||||||||
Argentina |
$ | 255,150 | $ | | $ | | $ | 255,150 | ||||||||||
Brazil |
12,098,127 | 1,234,803 | | 13,332,930 | ||||||||||||||
China |
2,228,788 | 10,539,613 | | 12,768,401 | ||||||||||||||
Hong
Kong |
1,738,226 | 1,217,771 | | 2,955,997 | ||||||||||||||
India |
1,986,802 | 685,546 | | 2,672,348 | ||||||||||||||
Indonesia |
| 1,250,821 | | 1,250,821 | ||||||||||||||
Israel |
| 420,526 | | 420,526 | ||||||||||||||
Kazakhstan |
| 299,958 | | 299,958 | ||||||||||||||
Malaysia |
| 701,048 | | 701,048 | ||||||||||||||
Mexico |
3,409,357 | | | 3,409,357 | ||||||||||||||
Netherlands |
381,106 | | | 381,106 | ||||||||||||||
Peru |
210,477 | | | 210,477 | ||||||||||||||
Poland |
| 719,420 | | 719,420 | ||||||||||||||
Russia |
4,041,984 | 1,651,125 | | 5,693,109 | ||||||||||||||
South
Africa |
417,384 | 4,948,995 | | 5,366,379 | ||||||||||||||
South
Korea |
2,664,261 | 11,628,171 | | 14,292,432 | ||||||||||||||
Taiwan |
1,350,786 | 4,447,397 | | 5,798,183 | ||||||||||||||
Thailand |
| 3,484,019 | | 3,484,019 | ||||||||||||||
Turkey |
325,068 | 717,947 | | 1,043,015 | ||||||||||||||
United Arab
Emirates |
| 432,343 | | 432,343 | ||||||||||||||
United
Kingdom |
| 397,168 | | 397,168 | ||||||||||||||
United
States |
4,483,231 | | | 4,483,231 | ||||||||||||||
Total Common
Stock |
35,590,747 | 44,776,671 | | 80,367,418 | ||||||||||||||
Exchange-Traded
Funds |
281,064 | | | 281,064 | ||||||||||||||
Short-Term
Investments |
| 2,063,440 | | 2,063,440 | ||||||||||||||
Total
Investments, at value |
$ | 35,871,811 | $ | 46,840,111 | $ | | $ | 82,711,922 |
ˆ |
See Note 2, Significant Accounting Policies in the Notes to Financial Statements for additional information. |
# |
The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Fund may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Funds investments are categorized as Level 2 investments. |
Shares |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 95.7% |
|||||||||||||||||||
Argentina: 0.3% |
|||||||||||||||||||
18,000 |
Other Securities |
$ | 262,440 | 0.3 | |||||||||||||||
Brazil: 15.7% |
|||||||||||||||||||
53,100 |
BRF Brasil Foods SA ADR |
978,633 | 1.0 | ||||||||||||||||
21,800 |
Cia de Bebidas das Americas ADR |
915,164 | 1.0 | ||||||||||||||||
7,700 |
Cia de Saneamento Basico do Estado de Sao Paulo ADR |
609,532 | 0.7 | ||||||||||||||||
22,900 |
Cia Energetica de Minas Gerais ADR |
564,943 | 0.6 | ||||||||||||||||
70,700 |
Gerdau SA ADR |
663,873 | 0.7 | ||||||||||||||||
87,500 |
Itau Unibanco Holding SA ADR |
1,372,875 | 1.5 | ||||||||||||||||
103,700 |
Petroleo Brasileiro SA ADR |
2,404,942 | 2.6 | ||||||||||||||||
33,100 |
Telefonica Brasil SA ADR |
942,357 | 1.0 | ||||||||||||||||
19,600 |
Tim Participacoes SA ADR |
586,628 | 0.6 | ||||||||||||||||
108,700 |
Vale SA ADR |
2,376,204 | 2.5 | ||||||||||||||||
327,720 |
Other Securities(a) |
3,305,570 | 3.5 | ||||||||||||||||
14,720,721 | 15.7 | ||||||||||||||||||
China: 14.9% |
|||||||||||||||||||
2,591,000 |
Bank of China Ltd. |
1,078,949 | 1.1 | ||||||||||||||||
2,001,000 |
China Construction Bank |
1,552,865 | 1.7 | ||||||||||||||||
29,000 |
China Mobile Ltd. |
320,842 | 0.3 | ||||||||||||||||
140,000 |
@ |
China Shenhua Energy Co., Ltd. |
618,247 | 0.7 | |||||||||||||||
445,000 |
CNOOC Ltd. |
940,351 | 1.0 | ||||||||||||||||
57,000 |
Hengan International Group Co., Ltd. |
602,298 | 0.6 | ||||||||||||||||
2,383,000 |
Industrial and Commercial Bank of China Ltd. |
1,583,346 | 1.7 | ||||||||||||||||
2,600 |
PetroChina Co., Ltd. ADR |
386,932 | 0.4 | ||||||||||||||||
594,000 |
PetroChina Co., Ltd. |
886,068 | 0.9 | ||||||||||||||||
76,000 |
Ping An Insurance Group Co. of China Ltd. |
631,276 | 0.7 | ||||||||||||||||
3,580,200 |
Other Securities(a) |
5,394,564 | 5.8 | ||||||||||||||||
13,995,738 | 14.9 | ||||||||||||||||||
Hong Kong: 3.6% |
|||||||||||||||||||
15,400 |
China Mobile Ltd. ADR |
852,236 | 0.9 | ||||||||||||||||
3,200 |
CNOOC Ltd. ADR |
677,280 | 0.7 | ||||||||||||||||
584,000 |
Lenovo Group Ltd. |
558,494 | 0.6 | ||||||||||||||||
802,600 |
Other Securities |
1,320,922 | 1.4 | ||||||||||||||||
3,408,932 | 3.6 | ||||||||||||||||||
India: 3.0% |
|||||||||||||||||||
13,700 |
L |
Infosys Technologies Ltd. ADR |
648,695 | 0.7 | |||||||||||||||
25,000 |
# |
Reliance Industries Ltd. GDR |
707,098 | 0.7 | |||||||||||||||
23,800 |
Tata Motors Ltd. ADR ADR |
708,050 | 0.8 | ||||||||||||||||
23,100 |
Other Securities |
788,975 | 0.8 | ||||||||||||||||
2,852,818 | 3.0 | ||||||||||||||||||
COMMON STOCK: (continued) |
|||||||||||||||||||
Indonesia: 1.4% |
|||||||||||||||||||
177,500 |
United Tractors Tbk PT |
$ | 569,402 | 0.6 | |||||||||||||||
674,000 |
Other Securities |
740,192 | 0.8 | ||||||||||||||||
1,309,594 | 1.4 | ||||||||||||||||||
Israel: 0.5% |
|||||||||||||||||||
37,600 |
Other Securities |
430,100 | 0.5 | ||||||||||||||||
Kazakhstan: 0.4% |
|||||||||||||||||||
17,900 |
Other Securities |
357,211 | 0.4 | ||||||||||||||||
Malaysia: 0.8% |
|||||||||||||||||||
846,500 |
Other Securities |
766,323 | 0.8 | ||||||||||||||||
Mexico: 3.7% |
|||||||||||||||||||
127,192 |
@ |
Cemex SAB de CV ADR |
919,598 | 1.0 | |||||||||||||||
42,700 |
Grupo Televisa SAB ADR |
938,119 | 1.0 | ||||||||||||||||
377,064 |
Other Securities |
1,649,761 | 1.7 | ||||||||||||||||
3,507,478 | 3.7 | ||||||||||||||||||
Netherlands: 0.5% |
|||||||||||||||||||
42,000 |
Other Securities |
427,980 | 0.5 | ||||||||||||||||
Peru: 0.2% |
|||||||||||||||||||
5,600 |
Other Securities |
231,112 | 0.2 | ||||||||||||||||
Poland: 0.9% |
|||||||||||||||||||
253,900 |
Other Securities |
831,024 | 0.9 | ||||||||||||||||
Qatar: 0.3% |
|||||||||||||||||||
6,600 |
Other Securities |
241,255 | 0.3 | ||||||||||||||||
Russia: 7.1% |
|||||||||||||||||||
88,900 |
Gazprom OAO ADR |
1,025,906 | 1.1 | ||||||||||||||||
23,600 |
Lukoil OAO ADR |
1,447,860 | 1.5 | ||||||||||||||||
136,500 |
Sberbank of Russia ADR |
1,767,675 | 1.9 | ||||||||||||||||
17,100 |
Tatneft ADR |
634,741 | 0.7 | ||||||||||||||||
132,906 |
Other Securities(a) |
1,731,756 | 1.9 | ||||||||||||||||
6,607,938 | 7.1 | ||||||||||||||||||
South Africa: 6.8% |
|||||||||||||||||||
23,800 |
Exxaro Resources Ltd. |
634,519 | 0.7 | ||||||||||||||||
29,300 |
Imperial Holdings Ltd. |
637,099 | 0.7 | ||||||||||||||||
9,800 |
Sasol Ltd. ADR |
464,814 | 0.5 | ||||||||||||||||
16,900 |
Sasol Ltd. |
803,502 | 0.8 | ||||||||||||||||
42,325 |
Standard Bank Group Ltd. |
625,238 | 0.7 | ||||||||||||||||
15,800 |
Tiger Brands Ltd. |
579,492 | 0.6 | ||||||||||||||||
177,780 |
Other Securities |
2,614,731 | 2.8 | ||||||||||||||||
6,359,395 | 6.8 | ||||||||||||||||||
South Korea: 16.9% |
|||||||||||||||||||
4,400 |
Hyundai Motor Co. |
1,038,709 | 1.1 | ||||||||||||||||
20,700 |
KB Financial Group, Inc. ADR |
702,351 | 0.8 | ||||||||||||||||
3,145 |
KCC Corp. |
804,246 | 0.9 | ||||||||||||||||
8,000 |
Kia Motors Corp. |
587,032 | 0.6 |
Shares |
|
|
|
Value |
|
Percentage of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: (continued) |
|||||||||||||||||||
South Korea: (continued) |
|||||||||||||||||||
67,310 |
KT Corp. ADR |
$ | 864,933 | 0.9 | |||||||||||||||
2,233 |
Samsung Electronics Co., Ltd. |
2,733,106 | 2.9 | ||||||||||||||||
4,000 |
Samsung Electronics Co., Ltd. GDR |
2,440,956 | 2.6 | ||||||||||||||||
5,310 |
# |
Samsung Life Insurance Co. Ltd. |
468,756 | 0.5 | |||||||||||||||
60,000 |
SK Telecom Co., Ltd. ADR |
811,200 | 0.9 | ||||||||||||||||
149,415 |
Other Securities |
5,356,832 | 5.7 | ||||||||||||||||
15,808,121 | 16.9 | ||||||||||||||||||
Taiwan: 7.2% |
|||||||||||||||||||
123,900 |
Hon
Hai Precision Industry Co., Ltd. GDR |
749,872 | 0.8 | ||||||||||||||||
337,000 |
Hon Hai Precision Industry Co., Ltd. |
1,059,587 | 1.1 | ||||||||||||||||
251,000 |
Taiwan Semiconductor Manufacturing Co., Ltd. |
741,865 | 0.8 | ||||||||||||||||
93,900 |
Taiwan Semiconductor Manufacturing Co., Ltd. ADR |
1,462,962 | 1.6 | ||||||||||||||||
2,263,400 |
Other Securities |
2,692,479 | 2.9 | ||||||||||||||||
6,706,765 | 7.2 | ||||||||||||||||||
Thailand: 4.1% |
|||||||||||||||||||
457,700 |
Charoen Pokphand Foods PCL |
605,104 | 0.6 | ||||||||||||||||
107,100 |
PTT PCL |
1,221,437 | 1.3 | ||||||||||||||||
1,080,800 |
Other Securities |
2,042,603 | 2.2 | ||||||||||||||||
3,869,144 | 4.1 | ||||||||||||||||||
Turkey: 1.2% |
|||||||||||||||||||
241,400 |
Other Securities |
1,153,524 | 1.2 | ||||||||||||||||
United Arab Emirates: 0.5% |
|||||||||||||||||||
51,400 |
Other Securities |
490,908 | 0.5 | ||||||||||||||||
United Kingdom: 0.5% |
|||||||||||||||||||
22,500 |
Other Securities |
433,800 | 0.5 | ||||||||||||||||
United States: 5.2% |
|||||||||||||||||||
32,200 |
Archer-Daniels- Midland Co. |
992,726 | 1.0 | ||||||||||||||||
120,000 |
Avon Products, Inc. |
2,592,000 | 2.8 | ||||||||||||||||
53,000 |
@ |
Yahoo!, Inc. |
823,620 | 0.9 | |||||||||||||||
7,300 |
Other Securities |
470,850 | 0.5 | ||||||||||||||||
4,879,196 | 5.2 | ||||||||||||||||||
Total
Common Stock |
|||||||||||||||||||
(Cost
$79,831,035) |
89,651,517 | 95.7 | |||||||||||||||||
Principal Amount |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
SHORT-TERM INVESTMENTS: 3.7% |
|||||||||||||||||||
Securities Lending Collateralcc(1): 3.7% |
|||||||||||||||||||
1,000,000 |
Barclays Bank PLC, Repurchase Agreement dated 04/30/12, 0.20%, due 05/01/12 (Repurchase Amount
$1,000,005, collateralized by various U.S. Government Agency Obligations, 3.000%5.000%, Market Value plus accrued interest $1,020,002, due
04/01/2709/01/41) |
$ | 1,000,000 | 1.0 | |||||||||||||||
473,684 |
Credit Suisse Securities, Repurchase Agreement dated 04/30/12, 0.18%, due 05/01/12 (Repurchase Amount
$473,686, collateralized by various U.S. Government Securities, 0.625%2.375%, Market Value plus accrued interest $483,159, due
04/30/1302/15/41) |
473,684 | 0.5 | ||||||||||||||||
1,000,000 |
Deutsche Bank AG, Repurchase Agreement dated 04/30/12, 0.22%, due 05/01/12 (Repurchase Amount $1,000,006,
collateralized by various U.S. Government Agency Obligations, 2.491%7.000%, Market Value plus accrued interest $1,020,000, due
08/01/2504/01/42) |
1,000,000 | 1.1 | ||||||||||||||||
1,000,000 |
UBS Warburg LLC, Repurchase Agreement dated 04/30/12, 0.22%, due 05/01/12 (Repurchase Amount $1,000,006,
collateralized by various U.S. Government Agency Obligations, 3.500%6.000%, Market Value plus accrued interest $1,020,000, due
02/01/2001/01/48) |
1,000,000 | 1.1 | ||||||||||||||||
3,473,684 | 3.7 | ||||||||||||||||||
Total
Short-Term Investments |
|||||||||||||||||||
(Cost
$3,473,684) |
3,473,684 | 3.7 | |||||||||||||||||
Total Investments in Securities (Cost $83,304,719) |
$ | 93,125,201 | 99.4 | ||||||||||||||||
Assets in Excess of Other Liabilities |
566,479 | 0.6 | |||||||||||||||||
Net Assets |
$ | 93,691,680 | 100.0 |
|
Unless otherwise indicated, principal amount is shown in USD. |
# |
Securities with purchases pursuant to Rule 144A or section 4(2), under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers. |
@ |
Non-income producing security |
ADR |
American Depositary Receipt |
GDR |
Global Depositary Receipt |
cc |
Securities purchased with cash collateral for securities loaned. |
L |
Loaned security, a portion or all of the security is on loan at April 30, 2012. |
(1) |
Collateral received from brokers for securities lending was invested into these short-term investments. |
(a) |
This grouping contains securities on loan. |
Cost for federal income tax purposes is the same as for financial statement purposes. |
Net unrealized
appreciation consists of: |
||||||
Gross
Unrealized Appreciation |
$ | 12,593,221 | ||||
Gross
Unrealized Depreciation |
(2,772,739 | ) | ||||
Net
Unrealized Appreciation |
$ | 9,820,482 |
Sector Diversification |
Percentage of Net Assets |
|||||
---|---|---|---|---|---|---|
Consumer
Discretionary |
7.3 | % | ||||
Consumer
Staples |
12.8 | |||||
Energy |
15.7 | |||||
Financials |
16.2 | |||||
Industrials |
4.7 | |||||
Information
Technology |
16.6 | |||||
Materials |
11.8 | |||||
Telecommunications |
9.0 | |||||
Utilities |
1.6 | |||||
Short-Term
Investments |
3.7 | |||||
Assets in
Excess of Other Liabilities |
0.6 | |||||
Net
Assets |
100.0 | % |
Quoted Prices in Active Markets for Identical Investments (Level 1) |
Significant Other Observable Inputs # (Level 2) |
Significant Unobservable Inputs (Level 3) |
Fair Value at 4/30/2012 |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset
Table |
||||||||||||||||||
Investments,
at value |
||||||||||||||||||
Common
Stock |
||||||||||||||||||
Argentina |
$ | 262,440 | $ | | $ | | $ | 262,440 | ||||||||||
Brazil |
13,347,846 | 1,372,875 | | 14,720,721 | ||||||||||||||
China |
2,418,618 | 11,577,120 | | 13,995,738 | ||||||||||||||
Hong
Kong |
2,006,156 | 1,402,776 | | 3,408,932 | ||||||||||||||
India |
2,145,720 | 707,098 | | 2,852,818 | ||||||||||||||
Indonesia |
| 1,309,594 | | 1,309,594 | ||||||||||||||
Israel |
| 430,100 | | 430,100 | ||||||||||||||
Kazakhstan |
| 357,211 | | 357,211 | ||||||||||||||
Malaysia |
| 766,323 | | 766,323 | ||||||||||||||
Mexico |
3,507,478 | | | 3,507,478 | ||||||||||||||
Netherlands |
427,980 | | | 427,980 | ||||||||||||||
Peru |
231,112 | | | 231,112 | ||||||||||||||
Poland |
| 831,024 | | 831,024 | ||||||||||||||
Qatar |
| 241,255 | | 241,255 | ||||||||||||||
Russia |
4,683,497 | 1,924,441 | | 6,607,938 | ||||||||||||||
South
Africa |
464,814 | 5,894,581 | | 6,359,395 | ||||||||||||||
South
Korea |
2,917,708 | 12,890,413 | | 15,808,121 | ||||||||||||||
Taiwan |
1,754,174 | 4,952,591 | | 6,706,765 | ||||||||||||||
Thailand |
| 3,869,144 | | 3,869,144 | ||||||||||||||
Turkey |
342,372 | 811,152 | | 1,153,524 | ||||||||||||||
United Arab
Emirates |
| 490,908 | | 490,908 | ||||||||||||||
United
Kingdom |
| 433,800 | | 433,800 | ||||||||||||||
United
States |
4,879,196 | | | 4,879,196 | ||||||||||||||
Total Common
Stock |
39,389,111 | 50,262,406 | | 89,651,517 | ||||||||||||||
Short-Term
Investments |
| 3,473,684 | | 3,473,684 | ||||||||||||||
Total
Investments, at value |
$ | 39,389,111 | $ | 53,736,090 | $ | | $ | 93,125,201 |
Quoted Prices in Active Markets for Identical Investments (Level 1) |
Significant Other Observable Inputs # (Level 2) |
Significant Unobservable Inputs (Level 3) |
Fair Value at 4/30/2012 | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Other
Financial Instruments+ |
||||||||||||||||||
Futures |
$ | 763 | $ | | $ | | $ | 763 | ||||||||||
Total
Assets |
$ | 39,389,874 | $ | 53,736,090 | $ | | $ | 93,125,964 |
ˆ |
See Note 2, Significant Accounting Policies in the Notes to Financial Statements for additional information. |
+ |
Other Financial Instruments are derivatives not reflected in the Portfolio of Investments and may include open forward foreign currency contracts, equity forwards, futures, swaps, and written options. Forward foreign currency contracts, equity forwards and futures are valued at the unrealized gain (loss) on the instrument. Swaps and written options are valued at the fair value of the instrument. |
# |
The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Fund may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Funds investments are categorized as Level 2 investments. |
Contract Description |
Number of Contracts |
Expiration Date |
Notional Value |
Unrealized Appreciation/ (Depreciation) |
||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Long
Contracts |
||||||||||||||||||
SGX S&P CNX
Nifty Index |
55 | 05/31/12 | $ | 579,315 | $ | 763 | ||||||||||||
$ | 579,315 | $ | 763 |
Derivatives not accounted for as hedging instruments |
Location on Statement of Assets and Liabilities |
Fair Value |
||||||||
---|---|---|---|---|---|---|---|---|---|---|
Asset
Derivatives |
||||||||||
Equity
contracts |
Net Assets
Unrealized appreciation* |
$ | 763 | |||||||
Total Asset
Derivatives |
$ | 763 |
* |
Includes cumulative appreciation/depreciation of futures contracts as reported in the table following the Summary Portfolio of Investments. |
Amount of Realized Gain or (Loss) on Derivatives Recognized in Income |
||||||||||
---|---|---|---|---|---|---|---|---|---|---|
Derivatives not accounted for as hedging
instruments |
Futures |
|||||||||
Equity
contracts |
$ | 352,686 | ||||||||
Total |
$ | 352,686 |
Change in Unrealized Appreciation or (Depreciation) on Derivatives Recognized in Income |
||||||||||
---|---|---|---|---|---|---|---|---|---|---|
Derivatives not accounted for as hedging
instruments |
Futures |
|||||||||
Equity
contracts |
$ | (419,148 | ) | |||||||
Total |
$ | (419,148 | ) |
Principal Amount |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
CORPORATE BONDS/NOTES: 31.1% |
|||||||||||||||||||
Australia: 3.0% |
|||||||||||||||||||
730,000 |
# |
FMG
Resources August 2006 Pty Ltd., 6.000%, 04/01/17 |
$ | 744,600 | 0.1 | ||||||||||||||
350,000 |
# |
FMG Resources August 2006 Pty Ltd., 7.000%, 11/01/15 |
364,000 | 0.1 | |||||||||||||||
AUD 4,478,000 |
New
South Wales Treasury Corp., 6.000%, 04/01/15 |
4,950,249 | 0.7 | ||||||||||||||||
AUD 4,478,000 |
New South Wales Treasury Corp., 6.000%, 03/01/22 |
5,196,256 | 0.7 | ||||||||||||||||
AUD 4,478,000 |
Queensland Treasury Corp., 6.000%, 10/21/15 |
4,942,863 | 0.7 | ||||||||||||||||
AUD 4,478,000 |
Queensland Treasury Corp., 6.000%, 07/21/22 |
5,026,699 | 0.7 | ||||||||||||||||
21,224,667 | 3.0 | ||||||||||||||||||
Bermuda: 0.1% |
|||||||||||||||||||
600,000 |
# |
China Resources Gas Group Ltd, 4.500%, 04/05/22 |
595,769 | 0.1 | |||||||||||||||
Brazil: 1.9% |
|||||||||||||||||||
1,945,000 |
# |
Banco do Brasil SA, 5.875%, 01/26/22 |
2,032,525 | 0.3 | |||||||||||||||
BRL 3,899,000 |
# |
Banco Votorantim SA, 6.250%, 05/16/16 |
2,286,852 | 0.3 | |||||||||||||||
505,000 |
# |
Itau Unibanco Holding SA/Cayman Island, 6.200%, 12/21/21 |
530,250 | 0.1 | |||||||||||||||
1,196,750 |
# |
QGOG Atlantic / Alaskan Rigs Ltd., 5.250%, 07/30/18 |
1,208,717 | 0.2 | |||||||||||||||
588,000 |
# |
Voto-Votorantim Ltd., 6.750%, 04/05/21 |
664,440 | 0.1 | |||||||||||||||
6,243,000 |
Other Securities |
6,695,987 | 0.9 | ||||||||||||||||
13,418,771 | 1.9 | ||||||||||||||||||
British Virgin Islands: 0.2% |
|||||||||||||||||||
1,336,000 |
Other Securities |
1,321,952 | 0.2 | ||||||||||||||||
Canada: 0.3% |
|||||||||||||||||||
445,000 |
# |
Bombardier, Inc., 7.500%, 03/15/18 |
495,063 | 0.1 | |||||||||||||||
900,000 |
# |
Bombardier, Inc., 7.750%, 03/15/20 |
1,010,250 | 0.1 | |||||||||||||||
575,000 |
Other Securities |
658,375 | 0.1 | ||||||||||||||||
2,163,688 | 0.3 | ||||||||||||||||||
Cayman Islands: 0.7% |
|||||||||||||||||||
1,611,000 |
# |
IPIC GMTN Ltd., 5.500%, 03/01/22 |
1,691,550 | 0.3 | |||||||||||||||
240,000 |
# |
Odebrecht Finance Ltd., 7.500%, 09/29/49 |
249,000 | 0.0 | |||||||||||||||
CORPORATE BONDS/NOTES: (continued) |
|||||||||||||||||||
Cayman Islands: (continued) |
|||||||||||||||||||
665,000 |
# |
Sable International Finance Ltd., 8.750%, 02/01/20 |
$ | 709,887 | 0.1 | ||||||||||||||
1,935,000 |
Other Securities |
2,135,325 | 0.3 | ||||||||||||||||
4,785,762 | 0.7 | ||||||||||||||||||
Chile: 0.4% |
|||||||||||||||||||
645,000 |
# |
Inversiones CMPC SA, 6.125%, 11/05/19 |
726,435 | 0.1 | |||||||||||||||
2,300,000 |
Other Securities |
2,424,090 | 0.3 | ||||||||||||||||
3,150,525 | 0.4 | ||||||||||||||||||
China: 0.0% |
|||||||||||||||||||
250,000 |
# |
Mega Advance Investments Ltd., 6.375%, 05/12/41 |
281,408 | 0.0 | |||||||||||||||
Colombia: 0.3% |
|||||||||||||||||||
1,360,000 |
# |
Banco de Bogota SA, 5.000%, 01/15/17 |
1,415,760 | 0.2 | |||||||||||||||
719,000 |
# |
Empresa de Energia de Bogota SA, 6.125%, 11/10/21 |
762,140 | 0.1 | |||||||||||||||
2,177,900 | 0.3 | ||||||||||||||||||
France: 0.1% |
|||||||||||||||||||
904,000 |
Other Securities |
962,812 | 0.1 | ||||||||||||||||
Hong Kong: 0.1% |
|||||||||||||||||||
915,000 |
Other Securities |
984,716 | 0.1 | ||||||||||||||||
Italy: 0.2% |
|||||||||||||||||||
1,191,000 |
Other Securities |
1,218,920 | 0.2 | ||||||||||||||||
Kazakhstan: 0.4% |
|||||||||||||||||||
2,297,000 |
# |
KazMunaiGaz Finance Sub BV, 7.000%, 05/05/20 |
2,644,421 | 0.4 | |||||||||||||||
150,000 |
Other Securities |
172,688 | 0.0 | ||||||||||||||||
2,817,109 | 0.4 | ||||||||||||||||||
Luxembourg: 0.3% |
|||||||||||||||||||
600,000 |
# |
Evraz Group SA, 7.400%, 04/24/17 |
606,000 | 0.1 | |||||||||||||||
1,315,000 |
Other Securities |
1,535,263 | 0.2 | ||||||||||||||||
2,141,263 | 0.3 | ||||||||||||||||||
Mexico: 2.6% |
|||||||||||||||||||
359,000 |
# |
Comision Federal de Electricidad, 5.750%, 02/14/42 |
367,975 | 0.1 | |||||||||||||||
MXN 140,000,000 |
# |
Petroleos Mexicanos, 7.650%, 11/24/21 |
11,013,247 | 1.6 | |||||||||||||||
1,936,000 |
Petroleos Mexicanos, 5.500%, 01/21/21 |
2,164,448 | 0.3 | ||||||||||||||||
432,000 |
# |
Petroleos Mexicanos, 4.875%, 01/24/22 |
461,361 | 0.0 |
Principal Amount |
|
|
|
Value |
|
Percentage of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
CORPORATE BONDS/NOTES: (continued) |
|||||||||||||||||||
Mexico: (continued) |
|||||||||||||||||||
2,190,000 |
Southern Copper Corp., 6.750%, 04/16/40 |
$ | 2,437,251 | 0.4 | |||||||||||||||
1,585,000 |
Other Securities |
1,688,025 | 0.2 | ||||||||||||||||
18,132,307 | 2.6 | ||||||||||||||||||
Netherlands: 0.5% |
|||||||||||||||||||
550,000 |
# |
LyondellBasell Industries NV, 6.000%, 11/15/21 |
596,750 | 0.1 | |||||||||||||||
480,000 |
# |
Schaeffler Finance BV, 7.750%, 02/15/17 |
511,200 | 0.1 | |||||||||||||||
245,000 |
# |
Schaeffler Finance BV, 8.500%, 02/15/19 |
263,988 | 0.0 | |||||||||||||||
740,000 |
# |
UPCB Finance VI Ltd., 6.875%, 01/15/22 |
764,050 | 0.1 | |||||||||||||||
1,133,000 |
Other Securities |
1,187,064 | 0.2 | ||||||||||||||||
3,323,052 | 0.5 | ||||||||||||||||||
New Zealand: 0.1% |
|||||||||||||||||||
800,000 |
# |
Reynolds Group Issuer, Inc., 7.125%, 04/15/19 |
840,000 | 0.1 | |||||||||||||||
Peru: 0.1% |
|||||||||||||||||||
785,000 |
# |
Volcan Cia Minera SAA, 5.375%, 02/02/22 |
817,185 | 0.1 | |||||||||||||||
Qatar: 0.1% |
|||||||||||||||||||
440,000 |
# |
Nakilat, Inc., 6.067%, 12/31/33 |
480,700 | 0.1 | |||||||||||||||
Russia: 0.0% |
|||||||||||||||||||
400,000 |
# |
Gazprom OAO Via Gaz Capital SA, 5.999%, 01/23/21 |
428,160 | 0.0 | |||||||||||||||
South Korea: 0.1% |
|||||||||||||||||||
492,000 |
# |
Korea Gas Corp., 6.250%, 01/20/42 |
566,562 | 0.1 | |||||||||||||||
United Arab Emirates: 0.3% |
|||||||||||||||||||
1,080,000 |
# |
Abu Dhabi National Energy Co., 5.875%, 12/13/21 |
1,167,750 | 0.2 | |||||||||||||||
732,000 |
# |
Dolphin Energy Ltd., 5.500%, 12/15/21 |
783,240 | 0.1 | |||||||||||||||
1,950,990 | 0.3 | ||||||||||||||||||
United Kingdom: 0.6% |
|||||||||||||||||||
627,000 |
# |
Barclays Bank PLC, 6.050%, 12/04/17 |
631,796 | 0.1 | |||||||||||||||
250,000 |
# |
Ineos Finance PLC, 8.375%, 02/15/19 |
268,750 | 0.0 | |||||||||||||||
665,000 |
# |
Lloyds TSB Bank PLC, 6.500%, 09/14/20 |
637,338 | 0.1 | |||||||||||||||
2,286,000 |
Other Securities |
2,410,008 | 0.4 | ||||||||||||||||
3,947,892 | 0.6 | ||||||||||||||||||
CORPORATE BONDS/NOTES: (continued) |
|||||||||||||||||||
United States: 17.8% |
|||||||||||||||||||
426,000 |
# |
Allegheny Energy Supply Co. LLC, 5.750%, 10/15/19 |
$ | 469,917 | 0.1 | ||||||||||||||
735,000 |
# |
AMC Networks, Inc., 7.750%, 07/15/21 |
825,038 | 0.1 | |||||||||||||||
2,718,000 |
American Express Credit Corp., 2.750%5.125%, 08/25/1409/15/15 |
2,911,283 | 0.4 | ||||||||||||||||
785,000 |
# |
Arch Coal, Inc., 7.250%, 06/15/21 |
704,537 | 0.1 | |||||||||||||||
3,762,000 |
AT&T, Inc., 2.500%5.350%, 08/15/1509/01/40 |
4,018,619 | 0.6 | ||||||||||||||||
590,000 |
# |
Calpine Corp., 7.875%, 07/31/20 |
646,050 | 0.1 | |||||||||||||||
250,000 |
# |
Chesapeake Oilfield Operating LLC/Chesapeake Oilfield Finance, Inc., 6.625%, 11/15/19 |
236,250 | 0.0 | |||||||||||||||
370,000 |
# |
CHS/Community Health Systems, Inc., 8.000%, 11/15/19 |
391,275 | 0.0 | |||||||||||||||
1,208,000 |
Citigroup, Inc., 5.000%8.500%, 09/15/1405/22/19 |
1,325,166 | 0.2 | ||||||||||||||||
1,923,000 |
Comcast Corp., 5.700%, 05/15/18 |
2,284,459 | 0.3 | ||||||||||||||||
718,000 |
Comcast Corp., 6.550%, 07/01/39 |
892,026 | 0.1 | ||||||||||||||||
720,000 |
# |
Delphi Corp., 5.875%, 05/15/19 |
759,600 | 0.1 | |||||||||||||||
1,226,000 |
Devon Energy Corp., 5.600%, 07/15/41 |
1,411,132 | 0.2 | ||||||||||||||||
500,000 |
# |
DPL, Inc., 6.500%, 10/15/16 |
545,000 | 0.1 | |||||||||||||||
560,000 |
# |
Fidelity National Information Services, Inc., 5.000%, 03/15/22 |
562,800 | 0.1 | |||||||||||||||
600,000 |
# |
Fresenius Medical Care US Finance II, Inc., 5.625%, 07/31/19 |
612,000 | 0.1 | |||||||||||||||
605,000 |
General Electric Capital Corp., 2.250%, 11/09/15 |
619,586 | 0.1 | ||||||||||||||||
2,493,000 |
General Electric Capital Corp., 4.375%, 09/16/20 |
2,674,685 | 0.4 | ||||||||||||||||
991,000 |
# |
Hyatt Hotels Corp., 6.875%, 08/15/19 |
1,166,115 | 0.2 | |||||||||||||||
1,888,000 |
# |
Hyundai Capital America, 4.000%, 06/08/17 |
1,952,989 | 0.3 | |||||||||||||||
500,000 |
# |
JBS USA LLC/JBS USA Finance, Inc., 8.250%, 02/01/20 |
507,500 | 0.1 |
Principal Amount |
|
|
|
Value |
|
Percentage of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
CORPORATE BONDS/NOTES: (continued) |
|||||||||||||||||||
United States: (continued) |
|||||||||||||||||||
2,036,000 |
JPMorgan Chase & Co., 4.400%, 07/22/20 |
$ | 2,158,641 | 0.3 | |||||||||||||||
2,632,000 |
Kellogg Co., 4.000%, 12/15/20 |
2,841,270 | 0.4 | ||||||||||||||||
500,000 |
# |
Kinder Morgan Finance Co. LLC, 6.000%, 01/15/18 |
527,500 | 0.1 | |||||||||||||||
885,000 |
# |
Lamar Media Corp., 5.875%, 02/01/22 |
913,762 | 0.1 | |||||||||||||||
885,000 |
# |
Mediacom LLC/ Mediacom Capital Corp., 7.250%, 02/15/22 |
902,700 | 0.1 | |||||||||||||||
220,000 |
# |
Meritage Homes Corp., 7.000%, 04/01/22 |
223,850 | 0.0 | |||||||||||||||
500,000 |
# |
Mylan, Inc., 6.000%, 11/15/18 |
527,500 | 0.1 | |||||||||||||||
525,000 |
# |
Mylan, Inc./PA, 7.875%, 07/15/20 |
590,625 | 0.1 | |||||||||||||||
2,334,000 |
Oracle Corp., 5.375%, 07/15/40 |
2,766,392 | 0.4 | ||||||||||||||||
857,000 |
# |
Pacific Life Insurance Co., 9.250%, 06/15/39 |
1,122,883 | 0.2 | |||||||||||||||
840,000 |
# |
Peabody Energy Corp., 6.000%, 11/15/18 |
856,800 | 0.1 | |||||||||||||||
125,000 |
# |
Peabody Energy Corp., 6.250%, 11/15/21 |
127,187 | 0.0 | |||||||||||||||
1,000,000 |
# |
Reliance Holdings USA, Inc., 5.400%, 02/14/22 |
1,003,833 | 0.1 | |||||||||||||||
1,100,000 |
# |
Sealed Air Corp., 8.375%, 09/15/21 |
1,254,000 | 0.2 | |||||||||||||||
400,000 |
# |
Valeant Pharmaceuticals International, 7.000%, 10/01/20 |
407,500 | 0.1 | |||||||||||||||
720,000 |
# |
Valeant Pharmaceuticals International, 7.250%, 07/15/22 |
721,800 | 0.1 | |||||||||||||||
480,000 |
# |
WPX Energy, Inc., 6.000%, 01/15/22 |
469,200 | 0.1 | |||||||||||||||
735,000 |
# |
XM Satellite Radio, Inc., 7.625%, 11/01/18 |
804,825 | 0.1 | |||||||||||||||
73,060,000 |
Other Securities |
81,217,885 | 11.5 | ||||||||||||||||
124,954,180 | 17.8 | ||||||||||||||||||
Venezuela: 0.9% |
|||||||||||||||||||
5,023,995 |
Petroleos de Venezuela, 5.000%, 10/28/15 |
4,335,708 | 0.6 | ||||||||||||||||
2,240,900 |
Other Securities |
1,820,483 | 0.3 | ||||||||||||||||
6,156,191 | 0.9 | ||||||||||||||||||
Total
Corporate Bonds/Notes |
|||||||||||||||||||
(Cost
$207,268,367) |
218,842,481 | 31.1 | |||||||||||||||||
COLLATERALIZED MORTGAGE OBLIGATIONS: 9.7% |
|||||||||||||||||||
United States: 9.7% |
|||||||||||||||||||
1,685,000 |
# |
American General Mortgage Loan Trust, 5.750%, 09/25/48 |
$ | 1,732,035 | 0.2 | ||||||||||||||
2,144,102 |
Banc of America Alternative Loan Trust, 4.750%, 02/25/19 |
2,196,150 | 0.3 | ||||||||||||||||
1,215,000 |
# |
Banc of America Merrill Lynch Commercial Mortgage, Inc., 5.320%, 07/10/43 |
1,172,565 | 0.2 | |||||||||||||||
580,000 |
# |
Bear Stearns Commercial Mortgage Securities, 5.714%, 04/12/38 |
534,427 | 0.1 | |||||||||||||||
610,000 |
# |
Bear Stearns Deutsche Bank Trust, 5.008%, 09/15/27 |
649,491 | 0.1 | |||||||||||||||
583,515 |
# |
Commercial Mortgage Pass Through Certificates, 0.420%, 06/15/22 |
567,483 | 0.1 | |||||||||||||||
2,365,739 |
Credit Suisse Mortgage Capital Certificates, 5.589%, 09/15/40 |
2,376,714 | 0.3 | ||||||||||||||||
500,000 |
Credit Suisse Mortgage Capital Certificates, 5.867%, 06/15/39 |
544,637 | 0.1 | ||||||||||||||||
1,967,182 |
# |
Credit Suisse Mortgage Capital Certificates, 5.165%, 07/27/37 |
2,001,333 | 0.3 | |||||||||||||||
2,227,253 |
CW Capital Cobalt Ltd., 5.930%, 05/15/46 |
2,245,299 | 0.3 | ||||||||||||||||
3,180,000 |
GMAC Commercial Mortgage Securities, Inc., 4.619%, 05/10/43 |
3,318,853 | 0.5 | ||||||||||||||||
2,165,000 |
# |
GS Mortgage Securities Corp. II, 5.309%, 01/10/40 |
2,182,344 | 0.3 | |||||||||||||||
1,630,000 |
# |
Heller Financial Commercial Mortgage Asset, 6.500%, 05/15/31 |
1,632,044 | 0.2 | |||||||||||||||
2,935,345 |
JP Morgan Chase Commercial Mortgage Securities Corp., 5.247%5.988%,
01/12/4306/15/49 |
2,945,624 | 0.4 | ||||||||||||||||
2,000,000 |
LB-UBS Commercial Mortgage Trust, 6.087%, 06/15/38 |
1,651,071 | 0.3 | ||||||||||||||||
660,000 |
# |
LB-UBS Commercial Mortgage Trust, 5.032%, 10/15/36 |
630,372 | 0.1 | |||||||||||||||
260,000 |
# |
LB-UBS Commercial Mortgage Trust, 5.750%, 01/15/36 |
260,112 | 0.0 |
Principal Amount |
|
|
|
Value |
|
Percentage of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COLLATERALIZED MORTGAGE OBLIGATIONS: (continued) |
|||||||||||||||||||
United States: (continued) |
|||||||||||||||||||
GBP 2,841,000 |
MBNA Credit Card Master Note Trust, 6.100%, 05/17/13 |
$ | 4,753,596 | 0.7 | |||||||||||||||
2,583,982 |
Morgan Stanley Capital I, 5.782%, 04/12/49 |
2,659,461 | 0.4 | ||||||||||||||||
1,330,000 |
# |
Morgan Stanley Capital I, 5.599%, 01/13/41 |
1,323,213 | 0.2 | |||||||||||||||
1,760,000 |
Morgan Stanley Capital I, 5.073%5.302%, 01/14/4208/13/42 |
1,730,699 | 0.2 | ||||||||||||||||
2,600,000 |
# |
Morgan Stanley Reremic Trust, 5.854%, 12/17/43 |
2,652,100 | 0.4 | |||||||||||||||
960,000 |
# |
RBSCF Trust, 5.305%, 01/16/49 |
974,780 | 0.1 | |||||||||||||||
2,502,142 |
Wachovia Bank Commercial Mortgage Trust, 5.922%, 06/15/49 |
2,550,328 | 0.4 | ||||||||||||||||
2,600,000 |
Wachovia Bank Commercial Mortgage Trust, 5.383%5.927%, 12/15/4306/15/49 |
2,729,954 | 0.4 | ||||||||||||||||
3,824,342 |
Wells Fargo Mortgage Backed Securities Trust, 2.655%5.500%,
05/25/3509/25/37 |
3,784,663 | 0.5 | ||||||||||||||||
18,624,001 |
Other Securities |
18,376,300 | 2.6 | ||||||||||||||||
Total
Collateralized Mortgage Obligations |
|||||||||||||||||||
(Cost
$68,197,788) |
68,175,648 | 9.7 | |||||||||||||||||
FOREIGN GOVERNMENT BONDS: 27.5% |
|||||||||||||||||||
Argentina: 0.6% |
|||||||||||||||||||
9,013,556 |
Argentina Government International Bond, 0.000%8.280%, 09/12/1312/15/35 |
4,129,634 | 0.6 | ||||||||||||||||
Brazil: 7.6% |
|||||||||||||||||||
BRL 95,901,000 |
Brazil Notas do Tesouro Nacional Series F, 10.000%, 01/01/21 |
48,475,750 | 6.9 | ||||||||||||||||
1,164,000 |
Federal Republic of Brazil, 5.625%, 01/07/41 |
1,390,980 | 0.2 | ||||||||||||||||
2,217,000 |
Federal Republic of Brazil, 10.125%, 05/15/27 |
3,748,947 | 0.5 | ||||||||||||||||
53,615,677 | 7.6 | ||||||||||||||||||
Canada: 1.2% |
|||||||||||||||||||
CAD 3,000,000 |
Canadian Government Bond, 1.750%, 03/01/13 |
3,049,258 | 0.4 | ||||||||||||||||
CAD 1,000,000 |
Canadian Government Bond, 3.000%, 12/01/15 |
1,064,210 | 0.2 | ||||||||||||||||
CAD 2,000,000 |
Canadian Government Bond, 3.500%, 06/01/20 |
2,259,716 | 0.3 | ||||||||||||||||
CAD 1,800,000 |
Canadian Government Bond, 4.000%, 06/01/41 |
2,335,071 | 0.3 | ||||||||||||||||
8,708,255 | 1.2 | ||||||||||||||||||
FOREIGN GOVERNMENT BONDS: (continued) |
|||||||||||||||||||
Colombia: 0.4% |
|||||||||||||||||||
1,853,000 |
Colombia Government International Bond, 6.125%, 01/18/41 |
$ | 2,349,604 | 0.3 | |||||||||||||||
306,000 |
Colombia Government International Bond, 7.375%, 09/18/37 |
441,864 | 0.1 | ||||||||||||||||
2,791,468 | 0.4 | ||||||||||||||||||
Dominican Republic: 0.7% |
|||||||||||||||||||
DOP 188,000,000 |
# |
Dominican Republic International Bond, 16.950%, 02/04/22 |
4,862,982 | 0.7 | |||||||||||||||
Germany: 1.7% |
|||||||||||||||||||
EUR 410,000 |
Bundesobligation, 1.250%, 10/14/16 |
560,367 | 0.1 | ||||||||||||||||
EUR 8,090,000 |
Bundesrepublik Deutschland, 2.000%, 01/04/22 |
11,120,628 | 1.6 | ||||||||||||||||
11,680,995 | 1.7 | ||||||||||||||||||
Hungary: 0.2% |
|||||||||||||||||||
1,813,000 |
Other Securities |
1,749,731 | 0.2 | ||||||||||||||||
Indonesia: 0.6% |
|||||||||||||||||||
2,057,000 |
# |
Indonesia Government International Bond, 3.750%, 04/25/22 |
2,036,430 | 0.3 | |||||||||||||||
1,692,000 |
Indonesia Government International Bond, 4.875%6.625%, 05/05/2102/17/37 |
1,960,040 | 0.3 | ||||||||||||||||
3,996,470 | 0.6 | ||||||||||||||||||
Ireland: 2.6% |
|||||||||||||||||||
EUR 8,976,000 |
Ireland Government Bond, 4.400%, 06/18/19 |
10,596,756 | 1.5 | ||||||||||||||||
EUR 6,440,000 |
Ireland Government Bond, 4.500%, 04/18/20 |
7,432,776 | 1.1 | ||||||||||||||||
18,029,532 | 2.6 | ||||||||||||||||||
Italy: 2.1% |
|||||||||||||||||||
EUR 11,090,000 |
Italy Buoni Poliennali Del Tesoro, 5.500%, 09/01/22 |
14,585,113 | 2.1 | ||||||||||||||||
Lithuania: 0.3% |
|||||||||||||||||||
1,729,000 |
# |
Lithuania Government International Bond, 5.125%6.625%, 09/14/1702/01/22 |
1,863,756 | 0.3 | |||||||||||||||
Mexico: 0.1% |
|||||||||||||||||||
658,000 |
Other Securities |
824,145 | 0.1 | ||||||||||||||||
Principal Amount |
|
|
|
Value |
|
Percentage of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
FOREIGN GOVERNMENT BONDS: (continued) |
|||||||||||||||||||
Panama: 0.4% |
|||||||||||||||||||
1,966,000 |
Panama Government International Bond, 5.200%7.125%, 01/30/2001/26/36 |
$ | 2,552,762 | 0.4 | |||||||||||||||
Peru: 0.4% |
|||||||||||||||||||
1,822,000 |
Peru Government International Bond, 8.750%, 11/21/33 |
2,928,865 | 0.4 | ||||||||||||||||
Philippines: 0.5% |
|||||||||||||||||||
3,247,000 |
Philippine Government International Bond, 4.000%7.750%, 01/15/2101/14/31 |
3,920,732 | 0.5 | ||||||||||||||||
Poland: 0.3% |
|||||||||||||||||||
2,194,000 |
Poland Government International Bond, 5.000%6.375%, 07/15/1903/23/22 |
2,436,051 | 0.3 | ||||||||||||||||
Russia: 1.8% |
|||||||||||||||||||
3,092,189 |
# |
Russia Government Bond, 7.500%, 03/31/30 |
3,714,493 | 0.5 | |||||||||||||||
RUB 200,000,000 |
Russian Federal Bond OFZ, 7.500%, 03/15/18 |
6,803,080 | 1.0 | ||||||||||||||||
751,440 |
Russian Foreign Bond Eurobond, 7.500%, 03/31/30 |
902,667 | 0.1 | ||||||||||||||||
600,000 |
# |
Russian Foreign Bond Eurobond, 3.250%, 04/04/17 |
609,750 | 0.1 | |||||||||||||||
800,000 |
# |
Russian Foreign Bond Eurobond, 5.625%, 04/04/42 |
850,960 | 0.1 | |||||||||||||||
12,880,950 | 1.8 | ||||||||||||||||||
South Africa: 3.0% |
|||||||||||||||||||
ZAR 120,000,000 |
South
Africa Government Bond, 10.500%, 12/21/26 |
18,469,890 | 2.6 | ||||||||||||||||
2,136,000 |
South Africa Government International Bond, 5.500%, 03/09/20 |
2,440,380 | 0.4 | ||||||||||||||||
20,910,270 | 3.0 | ||||||||||||||||||
South Korea: 0.1% |
|||||||||||||||||||
500,000 |
# |
Korea Housing Finance Corp., 4.125%, 12/15/15 |
529,319 | 0.1 | |||||||||||||||
Turkey: 0.8% |
|||||||||||||||||||
1,851,000 |
Turkey Government International Bond, 7.500%, 11/07/19 |
2,230,455 | 0.3 | ||||||||||||||||
3,005,000 |
Turkey Government International Bond, 5.125%7.000%, 09/26/1609/26/22 |
3,260,526 | 0.5 | ||||||||||||||||
5,490,981 | 0.8 | ||||||||||||||||||
FOREIGN GOVERNMENT BONDS: (continued) |
|||||||||||||||||||
Ukraine: 0.7% |
|||||||||||||||||||
1,049,000 |
# |
Ukraine Government International Bond, 6.250%, 06/17/16 |
$ | 970,325 | 0.1 | ||||||||||||||
1,342,000 |
# |
Ukraine Government International Bond, 7.650%, 06/11/13 |
1,335,290 | 0.2 | |||||||||||||||
2,363,000 |
Ukraine Government International Bond, 6.250%7.650%, 06/11/1306/17/16 |
2,339,565 | 0.4 | ||||||||||||||||
4,645,180 | 0.7 | ||||||||||||||||||
United Kingdom: 0.9% |
|||||||||||||||||||
GBP 3,600,000 |
United Kingdom Gilt, 4.250%4.750%, 03/07/1312/07/40 |
6,632,957 | 0.9 | ||||||||||||||||
Uruguay: 0.4% |
|||||||||||||||||||
UYU 6,067,000 |
Uruguay Government International Bond, 4.250%, 04/05/27 |
496,690 | 0.1 | ||||||||||||||||
1,637,267 |
& |
Uruguay Government International Bond, 6.875%7.875%, 09/28/2503/21/36 |
2,269,243 | 0.3 | |||||||||||||||
2,765,933 | 0.4 | ||||||||||||||||||
Venezuela: 0.1% |
|||||||||||||||||||
606,600 |
Other Securities |
608,116 | 0.1 | ||||||||||||||||
Total
Foreign Government Bonds |
|||||||||||||||||||
(Cost
$193,630,479) |
193,139,874 | 27.5 | |||||||||||||||||
U.S.
GOVERNMENT AGENCY OBLIGATIONS: 8.9% |
|||||||||||||||||||
Federal Home Loan Mortgage Corporation: 3.8%## |
|||||||||||||||||||
7,432,903 |
0.690%, due 06/15/37 |
7,451,086 | 1.0 | ||||||||||||||||
2,533,000 |
1.750%, due 05/30/19 |
2,553,221 | 0.4 | ||||||||||||||||
8,793,000 |
2.375%, due 01/13/22 |
8,859,071 | 1.3 | ||||||||||||||||
14,661,376 |
ˆ |
6.410%, due 02/15/41 |
3,319,922 | 0.5 | |||||||||||||||
16,561,004 |
ˆ |
5.000%5.810%, due 11/15/3207/15/40 |
4,268,790 | 0.6 | |||||||||||||||
26,452,090 | 3.8 | ||||||||||||||||||
Federal National Mortgage Association: 3.0%## |
|||||||||||||||||||
1,366,674 |
32.256%, due 11/25/36 |
2,315,925 | 0.3 | ||||||||||||||||
32,741,745 |
ˆ, W |
3.500%23.045%, due 05/25/1802/25/42 |
18,651,791 | 2.7 | |||||||||||||||
20,967,716 | 3.0 | ||||||||||||||||||
Government National Mortgage Association:
2.1% |
|||||||||||||||||||
3,139,877 |
0.760%, due 12/20/38 |
3,152,640 | 0.5 | ||||||||||||||||
1,583,346 |
21.271%, due 03/20/37 |
2,337,592 | 0.3 | ||||||||||||||||
42,119,831 |
ˆ |
4.000%24.419%, due 04/16/3710/20/60 |
9,341,785 | 1.3 | |||||||||||||||
14,832,017 | 2.1 | ||||||||||||||||||
Total
U.S. Government Agency Obligations |
|||||||||||||||||||
(Cost
$60,639,219) |
62,251,823 | 8.9 |
Principal Amount |
|
|
|
Value |
|
Percentage of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
U.S.
TREASURY OBLIGATIONS: 7.6% |
|||||||||||||||||||
U.S. Treasury Bonds: 2.1% |
|||||||||||||||||||
7,282,000 |
2.000%, due 02/15/22 |
$ | 7,333,200 | 1.1 | |||||||||||||||
7,245,000 |
3.125%, due 11/15/41 |
7,257,454 | 1.0 | ||||||||||||||||
14,590,654 | 2.1 | ||||||||||||||||||
U.S. Treasury Notes: 5.5% |
|||||||||||||||||||
6,279,000 |
0.250%, due 03/31/14 |
6,279,245 | 0.9 | ||||||||||||||||
875,000 |
0.375%, due 03/15/15 |
875,137 | 0.1 | ||||||||||||||||
5,612,000 |
1.000%, due 03/31/17 |
5,668,120 | 0.8 | ||||||||||||||||
24,435,000 |
1.500%, due 03/31/19 |
24,759,521 | 3.5 | ||||||||||||||||
1,466,000 |
Other Securities |
1,466,114 | 0.2 | ||||||||||||||||
39,048,137 | 5.5 | ||||||||||||||||||
Total
U.S. Treasury Obligations |
|||||||||||||||||||
(Cost
$52,417,082) |
53,638,791 | 7.6 | |||||||||||||||||
# of Contracts |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
PURCHASED OPTIONS: 0.2% |
|||||||||||||||||||
Credit Default Swaptions: 0.1% |
|||||||||||||||||||
27,975,000 |
@ |
Call on OTC Swaption, CDX.NA.HY.18, Fund Receives, Strike @ 94.000, Exp. 09/19/12 Counterparty: Morgan
Stanley |
700,836 | 0.1 | |||||||||||||||
Interest Rate Swaptions: 0.0% |
|||||||||||||||||||
39,800,000 |
@ |
Call OTC Swaption, 3-month USD-LIBOR-BBA, Fund Receives, Strike @ 2.400%, Exp. 07/11/22 Counterparty:
Citigroup, Inc. |
170,280 | 0.0 | |||||||||||||||
Options On Currencies: 0.1% |
|||||||||||||||||||
36,400,000 |
@ |
EUR
Put vs. USD Call Currency Option, Strike @ 1.300, Exp. 05/25/12 Counterparty: Barclays Bank PLC |
110,092 | 0.0 | |||||||||||||||
35,100,000 |
@ |
JPY
Put vs. USD Call Currency Option, Strike @ 82.000, Exp. 09/10/12 Counterparty: Morgan Stanley |
396,448 | 0.1 | |||||||||||||||
PURCHASED OPTIONS: (continued) |
|||||||||||||||||||
Options On Currencies: (continued) |
|||||||||||||||||||
14,500,000 |
@ |
USD Put vs. BRL Call Currency Option, Strike @ 1.865, Exp. 06/21/12 Counterparty: Deutsche Bank
AG |
$ | 63,419 | 0.0 | ||||||||||||||
569,959 | 0.1 | ||||||||||||||||||
Total
Purchased Options |
|||||||||||||||||||
(Cost
$2,732,827) |
1,441,075 | 0.2 | |||||||||||||||||
Total
Long-Term Investments |
|||||||||||||||||||
(Cost
$584,885,762) |
597,489,692 | 85.0 | |||||||||||||||||
Principal Amount |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
SHORT-TERM INVESTMENTS: 20.9% |
|||||||||||||||||||
Commercial Paper: 8.2% |
|||||||||||||||||||
5,000,000 |
Comcast, 0.440%, 06/15/12 |
4,997,189 | 0.7 | ||||||||||||||||
5,000,000 |
Concord Minutemen, 0.490%, 10/02/12 |
4,989,500 | 0.7 | ||||||||||||||||
5,000,000 |
Crown Point, 0.490%, 10/02/12 |
4,989,500 | 0.7 | ||||||||||||||||
5,677,000 |
CVS Caremark, 0.330%, 05/01/12 |
5,676,948 | 0.8 | ||||||||||||||||
6,300,000 |
Devon Energy Corp., 0.390%, 05/07/12 |
6,299,522 | 0.9 | ||||||||||||||||
4,800,000 |
Florida Power Corp., 0.420%, 05/03/12 |
4,799,832 | 0.7 | ||||||||||||||||
5,000,000 |
Kraft Foods, 0.450%, 06/28/12 |
4,996,276 | 0.7 | ||||||||||||||||
7,000,000 |
Kroger Co., 0.400%, 05/01/12 |
6,999,922 | 1.0 | ||||||||||||||||
7,000,000 |
Pacific Gas & Electric, 0.440%, 05/24/12 |
6,997,947 | 1.0 | ||||||||||||||||
7,000,000 |
Volkswagen Credit, 0.420%, 05/11/12 |
6,999,102 | 1.0 | ||||||||||||||||
57,745,738 | 8.2 | ||||||||||||||||||
Foreign Government Bonds: 5.6% |
|||||||||||||||||||
KRW 22,309,080,000 |
Korea Monetary Stabilization Bond, 3.460%, 10/09/12 |
19,788,612 | 2.8 | ||||||||||||||||
MXN 255,636,000 |
Mexico Cetes, 4.330%, 06/14/12 |
19,519,518 | 2.8 | ||||||||||||||||
39,308,130 | 5.6 |
Shares |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHORT-TERM INVESTMENTS: (continued) |
|||||||||||||||||||
Repurchase Agreement: 6.5% |
|||||||||||||||||||
45,449,000 |
Deutsche Bank AG Repurchase Agreement dated 04/30/12, 0.190%, due 05/01/12, $45,449,240 to be received
upon repurchase (Collateralized by $46,242,400, United States Treasury, 0.875%, Market Value plus accrued interest $46,358,006 due 04/30/17) (Cost $45,449,000) |
$ | 45,449,000 | 6.5 | |||||||||||||||
Mutual Funds: 0.6% |
|||||||||||||||||||
4,507,000 |
BlackRock Liquidity Funds, TempFund, Institutional Class (Cost $4,507,000) |
4,507,000 | 0.6 | ||||||||||||||||
Total
Short-Term Investments |
|||||||||||||||||||
(Cost
$146,826,874) |
147,009,868 | 20.9 | |||||||||||||||||
Total Investments in Securities (Cost $731,712,636) |
$ | 744,499,560 | 105.9 | ||||||||||||||||
Liabilities in Excess of Other Assets |
(41,476,660 | ) | (5.9 | ) | |||||||||||||||
Net Assets |
$ | 703,022,900 | 100.0 |
|
Unless otherwise indicated, principal amount is shown in USD. |
# |
Securities with purchases pursuant to Rule 144A or section 4(2), under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers. |
## |
On September 7, 2008, the Federal Housing Finance Agency placed the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation into conservatorship and the U.S. Treasury guaranteed the debt issued by those organizations. |
@ |
Non-income producing security |
& |
Payment-in-kind |
W |
Settlement is on a when-issued or delayed-delivery basis. |
ˆ |
Interest only securities represent the right to receive the monthly interest payments on an underlying pool of mortgage loans. Principal amount shown represents the notional amount on which current interest is calculated. Payments of principal on the pool reduce the value of the interest only security. |
AUD |
Australian Dollar |
BRL |
Brazilian Real |
CAD |
Canadian Dollar |
DOP |
Dominican Peso |
EUR |
EU Euro |
GBP |
British Pound |
KRW |
South Korean Won |
MXN |
Mexican Peso |
RUB |
Russian Ruble |
UYU |
Uruguayan Peso Uruguayo |
ZAR |
South African Rand |
Cost for federal income tax purposes is $732,043,066. |
Net unrealized
appreciation consists of: |
||||||
Gross
Unrealized Appreciation |
$ | 20,642,248 | ||||
Gross
Unrealized Depreciation |
(8,185,754 | ) | ||||
Net
Unrealized Appreciation |
$ | 12,456,494 |
Sector Diversification |
Percentage of Net Assets |
|||||
---|---|---|---|---|---|---|
Collateralized
Mortgage Obligations |
9.7 | % | ||||
Consumer
Discretionary |
4.0 | |||||
Consumer
Staples |
2.2 | |||||
Corporate
Bonds/Notes |
0.8 | |||||
Credit Default
Swaptions |
0.1 | |||||
Energy |
5.3 | |||||
Federal Home
Loan Mortgage Corporation |
2.4 | |||||
Federal
National Mortgage Association |
3.0 | |||||
Financials |
9.3 | |||||
Foreign
Government Bonds |
28.1 | |||||
Government
National Mortgage Association |
2.1 | |||||
Health
Care |
1.5 | |||||
Industrials |
0.7 | |||||
Information
Technology |
1.2 | |||||
Interest Rate
Swaptions |
0.0 | |||||
Materials |
1.8 | |||||
Options On
Currencies |
0.1 | |||||
Telecommunication Services |
1.8 | |||||
Telecommunications |
0.3 | |||||
U.S. Government
Agency Obligations |
1.4 | |||||
U.S. Treasury
Bonds |
2.1 | |||||
U.S. Treasury
Notes |
5.3 | |||||
U.S. Treasury
Obligations |
0.2 | |||||
Utilities |
1.6 | |||||
Short-Term
Investments |
20.9 | |||||
Liabilities in
Excess of Other Assets |
(5.9 | ) | ||||
Net
Assets |
100.0 | % |
Quoted Prices in Active Markets for Identical Investments (Level 1) |
Significant Other Observable Inputs (Level 2) |
Significant Unobservable Inputs (Level 3) |
Fair Value at 4/30/2012 |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset
Table |
||||||||||||||||||
Investments,
at value |
||||||||||||||||||
Purchased
Options |
$ | | $ | 1,441,075 | $ | | $ | 1,441,075 | ||||||||||
Corporate
Bonds/Notes |
| 218,842,481 | | 218,842,481 | ||||||||||||||
Collateralized
Mortgage Obligations |
| 68,175,648 | | 68,175,648 | ||||||||||||||
Short-Term
Investments |
4,507,000 | 142,502,868 | | 147,009,868 | ||||||||||||||
Foreign
Government Bonds |
| 193,139,874 | | 193,139,874 | ||||||||||||||
U.S. Treasury
Obligations |
| 53,638,791 | | 53,638,791 | ||||||||||||||
U.S. Government
Agency Obligations |
| 62,251,823 | | 62,251,823 | ||||||||||||||
Total
Investments, at value |
$ | 4,507,000 | $ | 739,992,560 | $ | | $ | 744,499,560 | ||||||||||
Other
Financial Instruments+ |
||||||||||||||||||
Swaps |
$ | | $ | 2,156,268 | $ | | $ | 2,156,268 | ||||||||||
Futures |
1,445,804 | | | 1,445,804 | ||||||||||||||
Forward Foreign
Currency Contracts |
| 14,005,491 | | 14,005,491 | ||||||||||||||
Total
Assets |
$ | 5,952,804 | $ | 756,154,319 | $ | | $ | 762,107,123 | ||||||||||
Liabilities
Table |
||||||||||||||||||
Other
Financial Instruments+ |
||||||||||||||||||
Swaps |
$ | | $ | (20,033,313 | ) | $ | | $ | (20,033,313 | ) | ||||||||
Futures |
(1,239,438 | ) | | | (1,239,438 | ) | ||||||||||||
Written
Options |
| (733,398 | ) | | (733,398 | ) | ||||||||||||
Forward Foreign
Currency Contracts |
| (14,729,043 | ) | | (14,729,043 | ) | ||||||||||||
Total
Liabilities |
$ | (1,239,438 | ) | $ | (35,495,754 | ) | $ | | $ | (36,735,192 | ) |
ˆ |
See Note 2, Significant Accounting Policies in the Notes to Financial Statements for additional information. |
+ |
Other Financial Instruments are derivatives not reflected in the Portfolio of Investments and may include open forward foreign currency contracts, equity forwards, futures, swaps, and written options. Forward foreign currency contracts, equity forwards and futures are valued at the unrealized gain (loss) on the instrument. Swaps and written options are valued at the fair value of the instrument. |
Asset Table |
Beginning Balance on 10/31/2011 |
Purchases |
Sales |
Accrued Discounts/ (Premiums) |
Total Realized Gain (Loss) |
Total Unrealized Appreciation (Depreciation) |
Transfers into Level 3 |
Transfers Out of Level 3 |
Ending Balance on 4/30/2012 |
|||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Investments,
at value |
||||||||||||||||||||||||||||||||||||||
Corporate
Bonds/Notes |
$ | 19,149,143 | $ | | $ | (20,422,064 | ) | $ | | $ | 85,920 | $ | 1,187,001 | $ | | $ | | $ | | |||||||||||||||||||
Total
Investments, at value |
$ | 19,149,143 | $ | | $ | (20,422,064 | ) | $ | | $ | 85,920 | $ | 1,187,001 | $ | | $ | | $ | |
Counterparty |
Currency |
Contract Amount |
Buy/Sell |
Settlement Date |
In Exchange For |
Fair Value |
Unrealized Appreciation (Depreciation) |
|||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Barclays Bank
PLC |
Canadian
Dollar |
2,801,441 |
Buy |
05/18/12 |
$ | 2,827,000 | $ | 2,834,778 | $ | 7,778 | ||||||||||||||||||||
Barclays Bank
PLC |
EU
Euro |
2,809,763 |
Buy |
05/18/12 |
3,690,000 | 3,719,540 | 29,540 | |||||||||||||||||||||||
Barclays Bank
PLC |
EU
Euro |
11,213,119 |
Buy |
05/18/12 |
14,742,000 | 14,843,831 | 101,831 | |||||||||||||||||||||||
Barclays Bank
PLC |
Malaysian
Ringgit |
24,058,852 |
Buy |
05/18/12 |
7,781,000 | 7,939,387 | 158,387 | |||||||||||||||||||||||
Barclays Bank
PLC |
Norwegian
Krone |
16,731,390 |
Buy |
07/13/12 |
2,908,000 | 2,914,935 | 6,935 | |||||||||||||||||||||||
Barclays Bank
PLC |
Swedish
Krona |
20,183,759 |
Buy |
07/13/12 |
2,973,342 | 2,994,034 | 20,692 | |||||||||||||||||||||||
Barclays Bank
PLC |
Danish
Krone |
6,953,272 |
Buy |
07/13/12 |
1,218,973 | 1,237,922 | 18,949 | |||||||||||||||||||||||
Barclays Bank
PLC |
Mexican
Peso |
58,681,377 |
Buy |
05/18/12 |
4,538,000 | 4,496,674 | (41,326 | ) |
Counterparty |
Currency |
Contract Amount |
Buy/Sell |
Settlement Date |
In Exchange For |
Fair Value |
Unrealized Appreciation (Depreciation) | |||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Barclays Bank PLC |
Russian
Ruble |
413,505,295 |
Buy |
05/18/12 |
$ | 13,489,000 | $ | 14,030,696 | $ | 541,696 | ||||||||||||||||||||
Barclays Bank
PLC |
Turkish
Lira |
1,958,427 |
Buy |
05/18/12 |
1,041,524 | 1,110,353 | 68,829 | |||||||||||||||||||||||
Barclays Bank
PLC |
Argentine
Peso |
34,676,775 |
Buy |
09/24/12 |
7,339,000 | 7,235,172 | (103,828 | ) | ||||||||||||||||||||||
Citigroup,
Inc. |
Turkish
Lira |
30,111,161 |
Buy |
05/18/12 |
17,038,090 | 17,071,867 | 33,777 | |||||||||||||||||||||||
Citigroup,
Inc. |
Turkish
Lira |
20,541,085 |
Buy |
05/18/12 |
11,624,836 | 11,646,003 | 21,167 | |||||||||||||||||||||||
Citigroup,
Inc. |
EU
Euro |
2,189,391 |
Buy |
05/18/12 |
2,873,000 | 2,898,297 | 25,297 | |||||||||||||||||||||||
Citigroup,
Inc. |
EU
Euro |
21,066,728 |
Buy |
05/18/12 |
27,640,073 | 27,887,954 | 247,881 | |||||||||||||||||||||||
Citigroup,
Inc. |
EU
Euro |
11,123,962 |
Buy |
05/18/12 |
14,542,000 | 14,725,806 | 183,806 | |||||||||||||||||||||||
Citigroup,
Inc. |
Canadian
Dollar |
26,250 |
Buy |
05/18/12 |
26,409 | 26,563 | 154 | |||||||||||||||||||||||
Citigroup,
Inc. |
EU
Euro |
8,169,270 |
Buy |
05/18/12 |
10,722,967 | 10,814,409 | 91,442 | |||||||||||||||||||||||
Citigroup,
Inc. |
Colombian
Peso |
15,311,806,319 |
Buy |
05/18/12 |
8,573,240 | 8,665,472 | 92,232 | |||||||||||||||||||||||
Citigroup,
Inc. |
Colombian
Peso |
17,400,643,526 |
Buy |
05/18/12 |
9,770,154 | 9,847,616 | 77,462 | |||||||||||||||||||||||
Citigroup,
Inc. |
Hungarian
Forint |
4,111,479,005 |
Buy |
07/13/12 |
18,086,244 | 18,774,555 | 688,311 | |||||||||||||||||||||||
Citigroup,
Inc. |
Turkish
Lira |
12,055,453 |
Buy |
05/18/12 |
6,744,000 | 6,834,977 | 90,977 | |||||||||||||||||||||||
Citigroup,
Inc. |
South
African Rand |
4,547,162 |
Buy |
05/18/12 |
580,699 | 583,330 | 2,631 | |||||||||||||||||||||||
Citigroup,
Inc. |
British
Pound |
14,174,403 |
Buy |
07/13/12 |
22,430,596 | 22,993,175 | 562,579 | |||||||||||||||||||||||
Citigroup,
Inc. |
Norwegian
Krone |
49,178,820 |
Buy |
07/13/12 |
8,443,200 | 8,567,911 | 124,711 | |||||||||||||||||||||||
Citigroup,
Inc. |
Mexican
Peso |
49,859,061 |
Buy |
05/18/12 |
3,849,592 | 3,820,633 | (28,959 | ) | ||||||||||||||||||||||
Citigroup,
Inc. |
Canadian
Dollar |
6,822,373 |
Buy |
05/18/12 |
6,816,000 | 6,903,560 | 87,560 | |||||||||||||||||||||||
Citigroup,
Inc. |
Mexican
Peso |
86,983,735 |
Buy |
05/18/12 |
6,555,863 | 6,665,446 | 109,583 | |||||||||||||||||||||||
Citigroup,
Inc. |
EU
Euro |
3,793,714 |
Buy |
05/18/12 |
4,941,392 | 5,022,086 | 80,694 | |||||||||||||||||||||||
Citigroup,
Inc. |
Canadian
Dollar |
29,852,707 |
Buy |
05/18/12 |
29,354,617 | 30,207,955 | 853,338 | |||||||||||||||||||||||
Citigroup,
Inc. |
EU
Euro |
28,989,945 |
Buy |
05/18/12 |
37,455,182 | 38,376,640 | 921,458 | |||||||||||||||||||||||
Citigroup,
Inc. |
Polish
Zloty |
434,996 |
Buy |
05/18/12 |
128,641 | 137,672 | 9,031 | |||||||||||||||||||||||
Credit Suisse
First Boston |
EU
Euro |
11,009,750 |
Buy |
05/18/12 |
14,631,000 | 14,574,613 | (56,387 | ) | ||||||||||||||||||||||
Credit Suisse
First Boston |
EU
Euro |
1,097,580 |
Buy |
05/18/12 |
1,462,609 | 1,452,967 | (9,642 | ) | ||||||||||||||||||||||
Credit Suisse
First Boston |
Japanese
Yen |
151,340,018 |
Buy |
05/18/12 |
1,811,000 | 1,895,852 | 84,852 | |||||||||||||||||||||||
Credit Suisse
First Boston |
Japanese
Yen |
567,740,828 |
Buy |
05/18/12 |
7,042,000 | 7,112,148 | 70,148 | |||||||||||||||||||||||
Credit Suisse
First Boston |
Norwegian
Krone |
14,341,750 |
Buy |
07/13/12 |
2,488,000 | 2,498,613 | 10,613 | |||||||||||||||||||||||
Credit Suisse
First Boston |
Singapore
Dollar |
12,661,302 |
Buy |
07/13/12 |
10,120,953 | 10,233,467 | 112,514 | |||||||||||||||||||||||
Credit Suisse
First Boston |
Mexican
Peso |
167,136,468 |
Buy |
05/18/12 |
12,841,489 | 12,807,441 | (34,048 | ) | ||||||||||||||||||||||
Credit Suisse
First Boston |
Mexican
Peso |
54,684,581 |
Buy |
05/18/12 |
4,088,017 | 4,190,406 | 102,389 | |||||||||||||||||||||||
Deutsche Bank
AG |
Turkish
Lira |
12,449,662 |
Buy |
05/18/12 |
7,006,000 | 7,058,478 | 52,478 | |||||||||||||||||||||||
Deutsche Bank
AG |
Japanese
Yen |
246,005,878 |
Buy |
05/18/12 |
3,020,000 | 3,081,741 | 61,741 | |||||||||||||||||||||||
Deutsche Bank
AG |
EU
Euro |
4,255,180 |
Buy |
05/18/12 |
5,591,000 | 5,632,971 | 41,971 | |||||||||||||||||||||||
Deutsche Bank
AG |
Turkish
Lira |
20,823,673 |
Buy |
05/18/12 |
11,561,000 | 11,806,220 | 245,220 | |||||||||||||||||||||||
Deutsche Bank
AG |
Mexican
Peso |
141,836,026 |
Buy |
05/18/12 |
10,686,539 | 10,868,702 | 182,163 | |||||||||||||||||||||||
Deutsche Bank
AG |
Japanese
Yen |
202,778,688 |
Buy |
05/18/12 |
2,512,000 | 2,540,230 | 28,230 | |||||||||||||||||||||||
Deutsche Bank
AG |
Canadian
Dollar |
5,033,115 |
Buy |
05/18/12 |
5,064,000 | 5,093,009 | 29,009 | |||||||||||||||||||||||
Deutsche Bank
AG |
Mexican
Peso |
74,970,752 |
Buy |
05/18/12 |
5,889,436 | 5,744,907 | (144,529 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
Russian
Ruble |
243,655,825 |
Buy |
05/18/12 |
8,197,000 | 8,267,514 | 70,514 | |||||||||||||||||||||||
Deutsche Bank
AG |
Colombian
Peso |
9,325,696,000 |
Buy |
05/18/12 |
5,248,000 | 5,277,728 | 29,728 | |||||||||||||||||||||||
Deutsche Bank
AG |
Japanese
Yen |
570,458,129 |
Buy |
05/18/12 |
7,055,000 | 7,146,188 | 91,188 | |||||||||||||||||||||||
Deutsche Bank
AG |
Japanese
Yen |
569,908,544 |
Buy |
05/18/12 |
7,055,000 | 7,139,303 | 84,303 | |||||||||||||||||||||||
Deutsche Bank
AG |
Swiss
Franc |
1,761,679 |
Buy |
07/13/12 |
1,943,000 | 1,942,789 | (211 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
Norwegian
Krone |
50,096,706 |
Buy |
07/13/12 |
8,724,000 | 8,727,825 | 3,825 | |||||||||||||||||||||||
Deutsche Bank
AG |
Swedish
Krona |
11,429,124 |
Buy |
07/13/12 |
1,703,000 | 1,695,383 | (7,617 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
Swiss
Franc |
1,562,166 |
Buy |
07/13/12 |
1,707,000 | 1,722,765 | 15,765 | |||||||||||||||||||||||
Deutsche Bank
AG |
EU
Euro |
5,187,621 |
Buy |
05/18/12 |
6,923,000 | 6,867,329 | (55,671 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
British
Pound |
1,859,903 |
Buy |
07/13/12 |
2,983,000 | 3,017,064 | 34,064 | |||||||||||||||||||||||
Deutsche Bank
AG |
Mexican
Peso |
149,955,408 |
Buy |
05/18/12 |
11,591,563 | 11,490,880 | (100,683 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
Swiss
Franc |
1,551,377 |
Buy |
07/13/12 |
1,697,000 | 1,710,866 | 13,866 | |||||||||||||||||||||||
Deutsche Bank
AG |
South
African Rand |
196,099,900 |
Buy |
05/18/12 |
25,020,721 | 25,156,561 | 135,840 | |||||||||||||||||||||||
Deutsche Bank
AG |
Brazilian
Real |
18,998,569 |
Buy |
07/13/12 |
10,111,000 | 9,825,754 | (285,246 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
EU
Euro |
1,406,496 |
Buy |
05/18/12 |
1,866,000 | 1,861,908 | (4,092 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
Japanese
Yen |
218,310,596 |
Buy |
05/18/12 |
2,740,000 | 2,734,799 | (5,201 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
Canadian
Dollar |
13,699,628 |
Buy |
05/18/12 |
13,694,000 | 13,862,654 | 168,654 | |||||||||||||||||||||||
Deutsche Bank
AG |
Polish
Zloty |
47,795,615 |
Buy |
05/18/12 |
14,990,000 | 15,126,863 | 136,863 | |||||||||||||||||||||||
Deutsche Bank
AG |
EU
Euro |
14,120,741 |
Buy |
05/18/12 |
18,728,000 | 18,692,916 | (35,084 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
EU
Euro |
7,630,813 |
Buy |
05/18/12 |
10,033,000 | 10,101,604 | 68,604 | |||||||||||||||||||||||
Deutsche Bank
AG |
Canadian
Dollar |
2,953,525 |
Buy |
05/18/12 |
2,948,000 | 2,988,672 | 40,672 | |||||||||||||||||||||||
Deutsche Bank
AG |
Canadian
Dollar |
13,382,933 |
Buy |
05/18/12 |
13,304,000 | 13,542,190 | 238,190 | |||||||||||||||||||||||
Deutsche Bank
AG |
Polish
Zloty |
36,374,400 |
Buy |
05/18/12 |
11,156,015 | 11,512,155 | 356,140 |
Counterparty |
Currency |
Contract Amount |
Buy/Sell |
Settlement Date |
In Exchange For |
Fair Value |
Unrealized Appreciation (Depreciation) | |||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Deutsche Bank AG |
EU
Euro |
5,059,901 |
Buy |
05/18/12 |
$ | 6,593,000 | $ | 6,698,253 | $ | 105,253 | ||||||||||||||||||||
Deutsche Bank AG |
Mexican
Peso |
79,114,137 |
Buy |
05/18/12 |
6,003,000 | 6,062,409 | 59,409 | |||||||||||||||||||||||
Deutsche Bank
AG |
Japanese
Yen |
7,515,815,670 |
Buy |
05/18/12 |
97,493,409 | 94,151,397 | (3,342,012 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
Malaysian
Ringgit |
40,257,467 |
Buy |
05/18/12 |
12,911,311 | 13,284,908 | 373,597 | |||||||||||||||||||||||
Deutsche Bank
AG |
Malaysian
Ringgit |
22,009,735 |
Buy |
05/18/12 |
6,985,000 | 7,263,182 | 278,182 | |||||||||||||||||||||||
HSBC |
EU
Euro |
8,230,322 |
Buy |
05/18/12 |
10,900,000 | 10,895,230 | (4,770 | ) | ||||||||||||||||||||||
HSBC |
Chilean
Peso |
8,978,793,418 |
Buy |
07/13/12 |
18,418,000 | 18,343,819 | (74,181 | ) | ||||||||||||||||||||||
HSBC |
Indian
Rupee |
781,445,953 |
Buy |
07/13/12 |
14,867,552 | 14,591,777 | (275,775 | ) | ||||||||||||||||||||||
HSBC |
Russian
Ruble |
323,225,420 |
Buy |
05/18/12 |
10,142,792 | 10,967,399 | 824,607 | |||||||||||||||||||||||
HSBC |
South
African Rand |
93,610,325 |
Buy |
05/18/12 |
11,457,532 | 12,008,746 | 551,214 | |||||||||||||||||||||||
HSBC |
Chinese
Yuan |
69,676,320 |
Buy |
08/24/12 |
11,087,893 | 11,015,325 | (72,568 | ) | ||||||||||||||||||||||
JPMorgan Chase
& Co. |
Canadian
Dollar |
2,931,470 |
Buy |
05/18/12 |
2,979,000 | 2,966,355 | (12,645 | ) | ||||||||||||||||||||||
JPMorgan Chase
& Co. |
EU
Euro |
11,093,652 |
Buy |
05/18/12 |
14,565,000 | 14,685,682 | 120,682 | |||||||||||||||||||||||
JPMorgan Chase
& Co. |
South
African Rand |
71,337,098 |
Buy |
05/18/12 |
9,089,000 | 9,151,438 | 62,438 | |||||||||||||||||||||||
JPMorgan Chase
& Co. |
EU
Euro |
11,205,006 |
Buy |
05/18/12 |
14,673,000 | 14,833,091 | 160,091 | |||||||||||||||||||||||
JPMorgan Chase
& Co. |
EU
Euro |
11,254,078 |
Buy |
05/18/12 |
14,708,000 | 14,898,053 | 190,053 | |||||||||||||||||||||||
JPMorgan Chase
& Co. |
EU
Euro |
11,218,290 |
Buy |
05/18/12 |
14,742,000 | 14,850,677 | 108,677 | |||||||||||||||||||||||
JPMorgan Chase
& Co. |
Japanese
Yen |
271,347,132 |
Buy |
05/18/12 |
3,288,000 | 3,399,193 | 111,193 | |||||||||||||||||||||||
JPMorgan Chase
& Co. |
EU
Euro |
10,948,202 |
Buy |
05/18/12 |
14,555,000 | 14,493,137 | (61,863 | ) | ||||||||||||||||||||||
JPMorgan Chase
& Co. |
EU
Euro |
10,923,168 |
Buy |
05/18/12 |
14,568,000 | 14,459,997 | (108,003 | ) | ||||||||||||||||||||||
JPMorgan Chase
& Co. |
EU
Euro |
5,763,107 |
Buy |
05/18/12 |
7,509,000 | 7,629,152 | 120,152 | |||||||||||||||||||||||
JPMorgan Chase
& Co. |
Swiss
Franc |
7,025,249 |
Buy |
07/13/12 |
7,761,000 | 7,747,480 | (13,520 | ) | ||||||||||||||||||||||
JPMorgan Chase
& Co. |
EU
Euro |
3,925,640 |
Buy |
05/18/12 |
5,229,000 | 5,196,729 | (32,271 | ) | ||||||||||||||||||||||
JPMorgan Chase
& Co. |
Swiss
Franc |
1,555,433 |
Buy |
07/13/12 |
1,709,000 | 1,715,339 | 6,339 | |||||||||||||||||||||||
JPMorgan Chase
& Co. |
Japanese
Yen |
448,197,876 |
Buy |
05/18/12 |
5,580,000 | 5,614,621 | 34,621 | |||||||||||||||||||||||
JPMorgan Chase
& Co. |
Mexican
Peso |
100,335,083 |
Buy |
05/18/12 |
7,716,000 | 7,688,541 | (27,459 | ) | ||||||||||||||||||||||
Morgan
Stanley |
Canadian
Dollar |
3,092,250 |
Buy |
05/18/12 |
3,116,000 | 3,129,048 | 13,048 | |||||||||||||||||||||||
Morgan
Stanley |
Czech
Koruna |
252,859,710 |
Buy |
05/18/12 |
13,694,000 | 13,417,701 | (276,299 | ) | ||||||||||||||||||||||
Morgan
Stanley |
British
Pound |
1,806,071 |
Buy |
07/13/12 |
2,912,000 | 2,929,739 | 17,739 | |||||||||||||||||||||||
Morgan
Stanley |
Canadian
Dollar |
6,805,771 |
Buy |
05/18/12 |
6,813,000 | 6,886,760 | 73,760 | |||||||||||||||||||||||
Morgan
Stanley |
Chilean
Peso |
500,149,900 |
Buy |
07/13/12 |
1,017,289 | 1,021,815 | 4,526 | |||||||||||||||||||||||
Morgan
Stanley |
Canadian
Dollar |
6,822,714 |
Buy |
05/18/12 |
6,816,000 | 6,903,904 | 87,904 | |||||||||||||||||||||||
Morgan
Stanley |
Peruvian
Nuevo Sol |
141,428 |
Buy |
05/18/12 |
52,419 | 53,557 | 1,138 | |||||||||||||||||||||||
Morgan
Stanley |
Israeli
New Shekel |
21,506,009 |
Buy |
05/18/12 |
5,671,513 | 5,706,922 | 35,409 | |||||||||||||||||||||||
UBS Warburg
LLC |
EU
Euro |
11,203,466 |
Buy |
05/18/12 |
14,673,000 | 14,831,052 | 158,052 | |||||||||||||||||||||||
UBS Warburg
LLC |
Norwegian
Krone |
17,646,543 |
Buy |
07/13/12 |
3,074,000 | 3,074,372 | 372 | |||||||||||||||||||||||
UBS Warburg
LLC |
Norwegian
Krone |
20,465,359 |
Buy |
07/13/12 |
3,561,000 | 3,565,465 | 4,465 | |||||||||||||||||||||||
UBS Warburg
LLC |
Australian
Dollar |
14,139,165 |
Buy |
07/13/12 |
14,581,000 | 14,618,358 | 37,358 | |||||||||||||||||||||||
UBS Warburg
LLC |
Swedish
Krona |
23,458,561 |
Buy |
07/13/12 |
3,459,000 | 3,479,815 | 20,815 | |||||||||||||||||||||||
UBS Warburg
LLC |
Japanese
Yen |
25,466,175 |
Buy |
05/18/12 |
333,000 | 319,017 | (13,983 | ) | ||||||||||||||||||||||
$ | 6,101,493 | |||||||||||||||||||||||||||||
Barclays Bank
PLC |
South
African Rand |
71,835,876 |
Sell |
05/18/12 |
$ | 8,915,737 | $ | 9,215,423 | $ | (299,686 | ) | |||||||||||||||||||
Barclays Bank
PLC |
EU
Euro |
2,044,864 |
Sell |
05/18/12 |
2,701,000 | 2,706,974 | (5,974 | ) | ||||||||||||||||||||||
Barclays Bank
PLC |
Russian
Ruble |
199,702,960 |
Sell |
05/18/12 |
6,788,000 | 6,776,144 | 11,856 | |||||||||||||||||||||||
Barclays Bank
PLC |
British
Pound |
1,926,133 |
Sell |
07/13/12 |
3,108,000 | 3,124,499 | (16,499 | ) | ||||||||||||||||||||||
Barclays Bank
PLC |
Chilean
Peso |
8,496,163,500 |
Sell |
07/13/12 |
17,138,000 | 17,357,798 | (219,798 | ) | ||||||||||||||||||||||
Barclays Bank
PLC |
British
Pound |
1,878,395 |
Sell |
07/13/12 |
3,026,000 | 3,047,060 | (21,060 | ) | ||||||||||||||||||||||
Barclays Bank
PLC |
British
Pound |
1,708,073 |
Sell |
07/13/12 |
2,737,000 | 2,770,770 | (33,770 | ) | ||||||||||||||||||||||
Barclays Bank
PLC |
Australian
Dollar |
1,739,561 |
Sell |
07/13/12 |
1,785,000 | 1,798,517 | (13,517 | ) | ||||||||||||||||||||||
Barclays Bank
PLC |
Malaysian
Ringgit |
41,794,386 |
Sell |
05/18/12 |
13,764,000 | 13,792,089 | (28,089 | ) | ||||||||||||||||||||||
Barclays Bank
PLC |
Japanese
Yen |
117,162,677 |
Sell |
05/18/12 |
1,515,000 | 1,467,709 | 47,291 | |||||||||||||||||||||||
Barclays Bank
PLC |
Japanese
Yen |
103,639,114 |
Sell |
05/18/12 |
1,331,000 | 1,298,298 | 32,702 | |||||||||||||||||||||||
Barclays Bank
PLC |
Czech
Koruna |
189,525,569 |
Sell |
05/18/12 |
9,612,253 | 10,056,949 | (444,696 | ) | ||||||||||||||||||||||
Citigroup,
Inc. |
Mexican
Peso |
26,546 |
Sell |
05/18/12 |
2,014 | 2,034 | (20 | ) | ||||||||||||||||||||||
Citigroup,
Inc. |
Swiss
Franc |
910,312 |
Sell |
07/13/12 |
987,850 | 1,003,896 | (16,046 | ) | ||||||||||||||||||||||
Citigroup,
Inc. |
Hungarian
Forint |
3,112,251,601 |
Sell |
07/13/12 |
13,422,491 | 14,211,708 | (789,217 | ) | ||||||||||||||||||||||
Citigroup,
Inc. |
EU
Euro |
8,271,139 |
Sell |
05/18/12 |
10,992,385 | 10,949,263 | 43,122 | |||||||||||||||||||||||
Citigroup,
Inc. |
EU
Euro |
5,690,931 |
Sell |
05/18/12 |
7,562,707 | 7,533,606 | 29,101 | |||||||||||||||||||||||
Citigroup,
Inc. |
Mexican
Peso |
241,181,873 |
Sell |
05/18/12 |
18,860,598 | 18,481,440 | 379,158 | |||||||||||||||||||||||
Citigroup,
Inc. |
Mexican
Peso |
74,057,998 |
Sell |
05/18/12 |
5,787,347 | 5,674,964 | 112,383 | |||||||||||||||||||||||
Citigroup,
Inc. |
Mexican
Peso |
19,831,647 |
Sell |
05/18/12 |
1,495,000 | 1,519,672 | (24,672 | ) | ||||||||||||||||||||||
Credit Suisse
First Boston |
Japanese
Yen |
589,725,837 |
Sell |
05/18/12 |
7,293,000 | 7,387,556 | (94,556 | ) |
Counterparty |
Currency |
Contract Amount |
Buy/Sell |
Settlement Date |
In Exchange For |
Fair Value |
Unrealized Appreciation (Depreciation) | |||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Credit Suisse First Boston |
Canadian
Dollar |
2,937,201 |
Sell |
05/18/12 |
$ | 2,968,000 | $ | 2,972,154 | $ | (4,154 | ) | |||||||||||||||||||
Credit Suisse
First Boston |
Canadian
Dollar |
5,042,062 |
Sell |
05/18/12 |
5,083,000 | 5,102,062 | (19,062 | ) | ||||||||||||||||||||||
Credit Suisse
First Boston |
EU
Euro |
11,000,495 |
Sell |
05/18/12 |
14,631,000 | 14,562,362 | 68,638 | |||||||||||||||||||||||
Credit Suisse
First Boston |
Japanese
Yen |
549,451,333 |
Sell |
05/18/12 |
6,730,000 | 6,883,033 | (153,033 | ) | ||||||||||||||||||||||
Credit Suisse
First Boston |
EU
Euro |
5,376,930 |
Sell |
05/18/12 |
7,055,000 | 7,117,934 | (62,934 | ) | ||||||||||||||||||||||
Credit Suisse
First Boston |
Swedish
Krona |
12,773,983 |
Sell |
07/13/12 |
1,895,000 | 1,894,877 | 123 | |||||||||||||||||||||||
Credit Suisse
First Boston |
Japanese
Yen |
180,512,795 |
Sell |
05/18/12 |
2,226,000 | 2,261,302 | (35,302 | ) | ||||||||||||||||||||||
Credit Suisse
First Boston |
Swedish
Krona |
21,430,525 |
Sell |
07/13/12 |
3,183,000 | 3,178,978 | 4,022 | |||||||||||||||||||||||
Credit Suisse
First Boston |
Swedish
Krona |
11,716,246 |
Sell |
07/13/12 |
1,731,000 | 1,737,974 | (6,974 | ) | ||||||||||||||||||||||
Credit Suisse
First Boston |
Norwegian
Krone |
29,184,436 |
Sell |
07/13/12 |
5,083,000 | 5,084,499 | (1,499 | ) | ||||||||||||||||||||||
Credit Suisse
First Boston |
Norwegian
Krone |
15,757,402 |
Sell |
07/13/12 |
2,729,000 | 2,745,247 | (16,247 | ) | ||||||||||||||||||||||
Credit Suisse
First Boston |
Swedish
Krona |
11,702,739 |
Sell |
07/13/12 |
1,730,000 | 1,735,970 | (5,970 | ) | ||||||||||||||||||||||
Credit Suisse
First Boston |
Swiss
Franc |
3,113,965 |
Sell |
07/13/12 |
3,408,000 | 3,434,096 | (26,096 | ) | ||||||||||||||||||||||
Credit Suisse
First Boston |
Japanese
Yen |
241,065,390 |
Sell |
05/18/12 |
3,165,000 | 3,019,851 | 145,149 | |||||||||||||||||||||||
Deutsche Bank
AG |
EU
Euro |
4,541,309 |
Sell |
05/18/12 |
5,995,000 | 6,011,746 | (16,746 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
Turkish
Lira |
26,434,200 |
Sell |
05/18/12 |
14,754,966 | 14,987,172 | (232,206 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
Canadian
Dollar |
3,028,294 |
Sell |
05/18/12 |
3,038,000 | 3,064,330 | (26,330 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
Japanese
Yen |
245,389,184 |
Sell |
05/18/12 |
3,021,000 | 3,074,016 | (53,016 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
EU
Euro |
754,932 |
Sell |
05/18/12 |
996,000 | 999,373 | (3,373 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
Japanese
Yen |
252,235,163 |
Sell |
05/18/12 |
3,121,000 | 3,159,776 | (38,776 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
Russian
Ruble |
217,552,500 |
Sell |
05/18/12 |
7,325,000 | 7,381,799 | (56,799 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
EU
Euro |
10,922,202 |
Sell |
05/18/12 |
14,568,000 | 14,458,717 | 109,283 | |||||||||||||||||||||||
Deutsche Bank
AG |
EU
Euro |
10,904,069 |
Sell |
05/18/12 |
14,568,000 | 14,434,714 | 133,286 | |||||||||||||||||||||||
Deutsche Bank
AG |
Japanese
Yen |
606,995,134 |
Sell |
05/18/12 |
7,254,000 | 7,603,891 | (349,891 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
EU
Euro |
5,262,442 |
Sell |
05/18/12 |
6,998,000 | 6,966,375 | 31,625 | |||||||||||||||||||||||
Deutsche Bank
AG |
Swiss
Franc |
1,573,691 |
Sell |
07/13/12 |
1,730,000 | 1,735,474 | (5,474 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
Australian
Dollar |
2,246,310 |
Sell |
07/13/12 |
2,293,000 | 2,322,441 | (29,441 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
EU
Euro |
5,143,040 |
Sell |
05/18/12 |
6,923,000 | 6,808,313 | 114,687 | |||||||||||||||||||||||
Deutsche Bank
AG |
Australian
Dollar |
2,595,025 |
Sell |
07/13/12 |
2,654,000 | 2,682,974 | (28,974 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
Swedish
Krona |
11,618,993 |
Sell |
07/13/12 |
1,719,000 | 1,723,547 | (4,547 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
Australian
Dollar |
2,093,570 |
Sell |
07/13/12 |
2,150,000 | 2,164,523 | (14,523 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
Norwegian
Krone |
16,876,971 |
Sell |
07/13/12 |
2,924,000 | 2,940,298 | (16,298 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
New
Zealand Dollar |
19,849,753 |
Sell |
07/13/12 |
16,221,000 | 16,151,272 | 69,728 | |||||||||||||||||||||||
Deutsche Bank
AG |
South
Korean Won |
13,188,909,180 |
Sell |
07/13/12 |
11,530,783 | 11,611,516 | (80,733 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
South
African Rand |
34,692,354 |
Sell |
05/18/12 |
4,445,000 | 4,450,488 | (5,488 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
Mexican
Peso |
83,248,980 |
Sell |
05/18/12 |
6,476,000 | 6,379,256 | 96,744 | |||||||||||||||||||||||
Deutsche Bank
AG |
EU
Euro |
182,402 |
Sell |
05/18/12 |
239,765 | 241,462 | (1,697 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
EU
Euro |
10,335,375 |
Sell |
05/18/12 |
13,633,000 | 13,681,881 | (48,881 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
Canadian
Dollar |
13,439,135 |
Sell |
05/18/12 |
13,459,000 | 13,599,061 | (140,061 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
EU
Euro |
7,668,555 |
Sell |
05/18/12 |
10,033,000 | 10,151,567 | (118,567 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
Mexican
Peso |
41,315,020 |
Sell |
05/18/12 |
3,154,276 | 3,165,914 | (11,638 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
Colombian
Peso |
29,881,540,000 |
Sell |
05/18/12 |
16,360,000 | 16,910,979 | (550,979 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
Japanese
Yen |
392,171,551 |
Sell |
05/18/12 |
5,148,000 | 4,912,773 | 235,227 | |||||||||||||||||||||||
Deutsche Bank
AG |
Israeli
New Shekel |
15,711,168 |
Sell |
05/18/12 |
4,128,000 | 4,169,180 | (41,180 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
Mexican
Peso |
194,299,380 |
Sell |
05/18/12 |
14,598,000 | 14,888,898 | (290,898 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
South
African Rand |
109,749,110 |
Sell |
05/18/12 |
13,566,021 | 14,079,101 | (513,080 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
Mexican
Peso |
30,723,404 |
Sell |
05/18/12 |
2,308,000 | 2,354,293 | (46,293 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
Colombian
Peso |
13,615,037,164 |
Sell |
05/18/12 |
7,407,529 | 7,705,213 | (297,684 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
Taiwan New
Dollar |
310,515,064 |
Sell |
05/18/12 |
10,347,053 | 10,631,856 | (284,803 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
South
African Rand |
83,727,846 |
Sell |
05/18/12 |
10,034,016 | 10,740,978 | (706,962 | ) | ||||||||||||||||||||||
HSBC |
South
African Rand |
72,633,978 |
Sell |
05/18/12 |
9,153,967 | 9,317,808 | (163,841 | ) | ||||||||||||||||||||||
HSBC |
Russian
Ruble |
200,368,000 |
Sell |
05/18/12 |
6,760,282 | 6,798,710 | (38,428 | ) | ||||||||||||||||||||||
HSBC |
Brazilian
Real |
40,936,239 |
Sell |
07/13/12 |
21,955,671 | 21,171,564 | 784,107 | |||||||||||||||||||||||
HSBC |
Polish
Zloty |
43,669,488 |
Sell |
05/18/12 |
13,472,000 | 13,820,983 | (348,983 | ) | ||||||||||||||||||||||
HSBC |
Peruvian
Nuevo Sol |
141,428 |
Sell |
05/18/12 |
52,197 | 53,557 | (1,360 | ) | ||||||||||||||||||||||
JPMorgan Chase
& Co. |
EU
Euro |
10,992,583 |
Sell |
05/18/12 |
14,573,967 | 14,551,888 | 22,079 | |||||||||||||||||||||||
JPMorgan Chase
& Co. |
EU
Euro |
5,077,310 |
Sell |
05/18/12 |
6,731,000 | 6,721,300 | 9,700 | |||||||||||||||||||||||
JPMorgan Chase
& Co. |
Japanese
Yen |
252,440,440 |
Sell |
05/18/12 |
3,100,000 | 3,162,347 | (62,347 | ) | ||||||||||||||||||||||
JPMorgan Chase
& Co. |
EU
Euro |
11,086,390 |
Sell |
05/18/12 |
14,565,000 | 14,676,068 | (111,068 | ) | ||||||||||||||||||||||
JPMorgan Chase
& Co. |
Turkish
Lira |
23,544,734 |
Sell |
05/18/12 |
13,075,475 | 13,348,956 | (273,481 | ) | ||||||||||||||||||||||
JPMorgan Chase
& Co. |
EU
Euro |
11,073,772 |
Sell |
05/18/12 |
14,542,000 | 14,659,365 | (117,365 | ) | ||||||||||||||||||||||
JPMorgan Chase
& Co. |
EU
Euro |
11,170,951 |
Sell |
05/18/12 |
14,673,000 | 14,788,010 | (115,010 | ) | ||||||||||||||||||||||
JPMorgan Chase
& Co. |
EU
Euro |
11,247,529 |
Sell |
05/18/12 |
14,708,000 | 14,889,383 | (181,383 | ) |
Counterparty |
Currency |
Contract Amount |
Buy/Sell |
Settlement Date |
In Exchange For |
Fair Value |
Unrealized Appreciation (Depreciation) | |||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPMorgan Chase & Co. |
Canadian
Dollar |
3,782,103 |
Sell |
05/18/12 |
$ | 3,766,000 | $ | 3,827,111 | $ | (61,111 | ) | |||||||||||||||||||
JPMorgan Chase
& Co. |
EU
Euro |
11,230,708 |
Sell |
05/18/12 |
14,742,000 | 14,867,115 | (125,115 | ) | ||||||||||||||||||||||
JPMorgan Chase
& Co. |
EU
Euro |
10,953,344 |
Sell |
05/18/12 |
14,555,000 | 14,499,942 | 55,058 | |||||||||||||||||||||||
JPMorgan Chase
& Co. |
Japanese
Yen |
412,646,952 |
Sell |
05/18/12 |
4,957,000 | 5,169,271 | (212,271 | ) | ||||||||||||||||||||||
JPMorgan Chase
& Co. |
Canadian
Dollar |
822,797 |
Sell |
05/18/12 |
829,000 | 832,589 | (3,589 | ) | ||||||||||||||||||||||
JPMorgan Chase
& Co. |
Australian
Dollar |
2,092,899 |
Sell |
07/13/12 |
2,146,000 | 2,163,830 | (17,830 | ) | ||||||||||||||||||||||
JPMorgan Chase
& Co. |
New
Zealand Dollar |
5,987,356 |
Sell |
07/13/12 |
4,869,840 | 4,871,769 | (1,929 | ) | ||||||||||||||||||||||
JPMorgan Chase
& Co. |
Australian
Dollar |
15,521,409 |
Sell |
07/13/12 |
15,907,317 | 16,047,447 | (140,130 | ) | ||||||||||||||||||||||
Morgan
Stanley |
EU
Euro |
11,193,244 |
Sell |
05/18/12 |
14,673,000 | 14,817,521 | (144,521 | ) | ||||||||||||||||||||||
Morgan
Stanley |
Canadian
Dollar |
7,558,245 |
Sell |
05/18/12 |
7,584,000 | 7,648,188 | (64,188 | ) | ||||||||||||||||||||||
Morgan
Stanley |
Canadian
Dollar |
5,899,729 |
Sell |
05/18/12 |
5,943,000 | 5,969,936 | (26,936 | ) | ||||||||||||||||||||||
Morgan
Stanley |
Canadian
Dollar |
7,271,377 |
Sell |
05/18/12 |
7,266,000 | 7,357,907 | (91,907 | ) | ||||||||||||||||||||||
Morgan
Stanley |
Canadian
Dollar |
14,025,655 |
Sell |
05/18/12 |
13,981,000 | 14,192,561 | (211,561 | ) | ||||||||||||||||||||||
Morgan
Stanley |
South
Korean Won |
4,096,287,800 |
Sell |
07/13/12 |
3,586,000 | 3,606,372 | (20,372 | ) | ||||||||||||||||||||||
Morgan
Stanley |
Canadian
Dollar |
13,731,220 |
Sell |
05/18/12 |
13,694,000 | 13,894,622 | (200,622 | ) | ||||||||||||||||||||||
Morgan
Stanley |
Mexican
Peso |
106,369,776 |
Sell |
05/18/12 |
8,292,000 | 8,150,972 | 141,028 | |||||||||||||||||||||||
Morgan
Stanley |
Taiwan New
Dollar |
354,440,900 |
Sell |
05/18/12 |
11,924,000 | 12,135,852 | (211,852 | ) | ||||||||||||||||||||||
UBS Warburg
LLC |
EU
Euro |
11,240,710 |
Sell |
05/18/12 |
14,742,000 | 14,880,356 | (138,356 | ) | ||||||||||||||||||||||
UBS Warburg
LLC |
EU
Euro |
2,304,678 |
Sell |
05/18/12 |
3,021,000 | 3,050,913 | (29,913 | ) | ||||||||||||||||||||||
UBS Warburg
LLC |
Swedish
Krona |
19,360,893 |
Sell |
07/13/12 |
2,872,000 | 2,871,972 | 28 | |||||||||||||||||||||||
UBS Warburg
LLC |
Swiss
Franc |
1,566,897 |
Sell |
07/13/12 |
1,725,000 | 1,727,982 | (2,982 | ) | ||||||||||||||||||||||
UBS Warburg
LLC |
Norwegian
Krone |
46,415,635 |
Sell |
07/13/12 |
8,058,000 | 8,086,510 | (28,510 | ) | ||||||||||||||||||||||
$ | (6,825,045 | ) |
Contract Description |
Number of Contracts |
Expiration Date |
Notional Value |
Unrealized Appreciation/ (Depreciation) |
||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Long
Contracts |
||||||||||||||||||
30-year German
Government Bond |
144 | 06/07/12 | $ | 24,588,992 | $ | 525,464 | ||||||||||||
90-Day
Eurodollar |
148 | 03/17/14 | 36,742,850 | 139,842 | ||||||||||||||
90-Day
Eurodollar |
148 | 03/14/16 | 36,313,650 | 240,794 | ||||||||||||||
Australia
3-Year Bond |
3 | 06/15/12 | 339,391 | 593 | ||||||||||||||
Canada 10-Year
Bond |
53 | 06/20/12 | 7,084,729 | 36,294 | ||||||||||||||
Euro-Bobl
5-Year |
2 | 06/07/12 | 331,718 | 3,527 | ||||||||||||||
Euro-Bund |
14 | 06/07/12 | 2,614,645 | 73,217 | ||||||||||||||
Long
Gilt |
149 | 06/27/12 | 27,955,938 | 287,258 | ||||||||||||||
Short
Gilt |
66 | 06/27/12 | 11,181,376 | (9,625 | ) | |||||||||||||
U.S. Treasury
10-Year Note |
66 | 06/20/12 | 8,730,563 | 59,523 | ||||||||||||||
U.S. Treasury
Ultra Long Bond |
62 | 06/20/12 | 9,784,375 | 66,079 | ||||||||||||||
$ | 165,668,227 | $ | 1,422,966 | |||||||||||||||
Short
Contracts |
||||||||||||||||||
90-Day
Eurodollar |
(296 | ) | 03/16/15 | $ | (73,108,300 | ) | $ | (415,416 | ) | |||||||||
Australia
10-Year Bond |
(43 | ) | 06/15/12 | (5,368,380 | ) | (95,303 | ) | |||||||||||
Euro-Schatz |
(287 | ) | 06/07/12 | (42,017,049 | ) | (101,729 | ) | |||||||||||
Medium
Gilt |
(55 | ) | 06/27/12 | (10,036,353 | ) | 13,213 | ||||||||||||
U.S. Treasury
2-Year Note |
(11 | ) | 06/29/12 | (2,426,016 | ) | (543 | ) | |||||||||||
U.S. Treasury
5-Year Note |
(190 | ) | 06/29/12 | (23,521,407 | ) | (297,148 | ) | |||||||||||
U.S. Treasury
Long Bond |
(257 | ) | 06/20/12 | (36,718,875 | ) | (319,674 | ) | |||||||||||
$ | (193,196,380 | ) | $ | (1,216,600 | ) |
Counterparty |
Reference Entity/Obligation |
Buy/Sell Protection |
(Pay)/Receive Fixed Rate (%) |
Termination Date |
Notional Amount(2) |
Fair Value(3) |
Upfront Payments Paid/ (Received) |
Unrealized Appreciation/ (Depreciation) |
||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Deutsche Bank
AG |
CDX.EM.17 |
Buy |
(5.000) |
06/20/17 |
USD 28,540,000 |
$ | (3,309,717 | ) | $ | (3,146,982 | ) | $ | (162,735 | ) | ||||||||||||||||||||
$ | (3,309,717 | ) | $ | (3,146,982 | ) | $ | (162,735 | ) |
Counterparty |
Reference Entity/Obligation |
Buy/Sell Protection |
(Pay)/Receive Fixed Rate (%) |
Termination Date |
Notional Amount(2) |
Fair Value(3) |
Upfront Payments Paid/ (Received) |
Unrealized Appreciation/ (Depreciation) |
||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Citigroup,
Inc. |
Republic of Turkey |
Buy |
(1.000) |
03/20/17 |
USD 1,666,873 |
$ | 96,962 | $ | 97,989 | $ | (1,027 | ) | ||||||||||||||||||||||
Deutsche Bank
AG |
United Mexican States |
Buy |
(1.000) |
03/20/17 |
USD 13,722,342 |
83,562 | 222,404 | (138,842 | ) | |||||||||||||||||||||||||
$ | 180,524 | $ | 320,393 | $ | (139,869 | ) |
Counterparty |
Reference Entity/Obligation |
Buy/Sell Protection |
(Pay)/Receive Fixed Rate (%) |
Termination Date |
Implied Credit Spread at 04/30/12 (%)(5) |
Notional Amount(2) |
Fair Value(3) |
Upfront Payments Paid/ (Received) |
Unrealized Appreciation/ (Depreciation) |
|||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Morgan
Stanley |
Federal Republic of Germany |
Sell |
0.250 |
06/20/17 |
0.863 | USD 33,200,000 |
$ | (1,013,514 | ) | $ | (866,281 | ) | $ | (147,233 | ) | |||||||||||||||||||||||
Deutsche Bank
AG |
Federative Republic of Brazil |
Sell |
1.000 |
03/20/17 |
1.198 | USD 13,722,342 |
(127,835 | ) | (234,954 | ) | 107,119 | |||||||||||||||||||||||||||
Morgan
Stanley |
Ireland |
Sell |
1.000 |
03/20/17 |
5.719 | USD 8,233,000 |
(1,498,977 | ) | (1,446,506 | ) | (52,471 | ) | ||||||||||||||||||||||||||
Citigroup,
Inc. |
Romania |
Sell |
1.000 |
03/20/17 |
3.384 | USD 1,666,873 |
(175,245 | ) | (159,840 | ) | (15,405 | ) | ||||||||||||||||||||||||||
$ | (2,815,571 | ) | $ | (2,707,581 | ) | $ | (107,990 | ) |
(1) |
If a Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, a Portfolio will either 1.) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation, other deliverable obligations or underlying securities comprising the referenced index or 2.) receive a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
(2) |
The maximum amount of future payments (undiscounted) that a Portfolio as seller of protection could be required to make or receive as a buyer of credit protection under a credit default swap agreement would be an amount equal to the notional amount of the agreement. |
(3) |
The fair values for credit default swap agreements serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. Increasing fair values, in absolute terms, when compared to the notional amount of the agreement, represent a deterioration of the referenced obligations credit soundness and a greater likelihood or risk of default or other credit event occurring. |
(4) |
If the Portfolio is a seller of protection, and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will generally either 1.) Pay to the buyer an amount equal to the notional amount of the swap and take delivery of the referenced obligation, other deliverable obligations, or underlying securities comprising a referenced index or 2.) Pay a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising a referenced index. |
(5) |
Implied credit spreads, represented in absolute terms, utilized in determining the fair value of credit default swap agreements on corporate issues or sovereign issues are disclosed in each Portfolios Portfolio of Investment and serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. For credit default swaps on asset-backed securities or credit indices, the quoted market prices and resulting market values serve as the indicator of the current status of the payment/performance risk. Wider credit spreads and increasing fair values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the referenced entitys credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
Termination Date |
Notional Amount |
Fair Value |
Upfront Payments Paid/(Received) |
Unrealized Appreciation/ (Depreciation) |
||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Receive a
floating rate based on the Brazil Cetip Interbank Deposit Rate Annualized and pay a fixed rate equal to 10.360% Counterparty: Bank of America |
01/02/17 |
BRL 84,000,000 |
$(642,104) |
$ | | $ | (642,104 | ) | ||||||||||||||
Receive a
floating rate based on the Brazil Cetip Interbank Deposit Rate Annualized and pay a fixed rate equal to 10.365% Counterparty: Deutsche Bank AG |
01/02/17 |
BRL 47,000,000 |
(362,619) |
| (362,619 | ) | ||||||||||||||||
Receive a
floating rate based on the Brazil Cetip Interbank Deposit Rate Annualized and pay a fixed rate equal to 10.360% Counterparty: Morgan Stanley |
01/02/17 |
BRL 48,000,000 |
(366,916) |
| (366,916 | ) | ||||||||||||||||
Receive a
fixed rate equal to 2.538% and pay a floating rate based on the 3-month CAD-BA-CDOR Counterparty: Citigroup, Inc. |
04/24/22 |
CAD 39,788,000 |
(59,115) |
| (59,115 | ) | ||||||||||||||||
Receive a
fixed rate equal to 4.750% and pay a floating rate based on the 6-month CLP-CHIBNOM Counterparty: Bank of America |
02/01/17 |
CLP 7,250,000,000 |
(470,904) |
| (470,904 | ) | ||||||||||||||||
Receive a
fixed rate equal to 4.790% and pay a floating rate based on the 6-month CLP-CHIBNOM Counterparty: Bank of America |
02/02/17 |
CLP 7,250,000,000 |
(444,549) |
| (444,549 | ) | ||||||||||||||||
Receive a
fixed rate equal to 4.830% and pay a floating rate based on the 6-month CLP-CHIBNOM Counterparty: Bank of America |
02/03/17 |
CLP 7,250,000,000 |
(418,189) |
| (418,189 | ) | ||||||||||||||||
Receive a
floating rate based on the 6-month CZK-PRIBOR-PRBO and pay a fixed rate equal to 1.850% Counterparty: Bank of America |
03/23/17 |
CZK 265,000,000 |
(46,836) |
| (46,836 | ) | ||||||||||||||||
Receive a
floating rate based on 6-month CZK-PRIBOR-PRBO and pay a fixed rate equal to 1.755% Counterparty: Deutsche Bank AG |
12/12/16 |
CZK 288,000,000 |
(1,141) |
| (1,141 | ) | ||||||||||||||||
Receive a
floating rate based on 3-month ILS-TELBOR01-Reuters and pay a fixed rate equal to 2.66% Counterparty: Deutsche Bank AG |
02/13/14 |
ILS 126,000,000 |
142,315 |
| 142,315 | |||||||||||||||||
Receive a
fixed rate equal to 4.350% and pay a floating rate based on the 3-month ILS-TELBOR01-Reuters Counterparty: Deutsche Bank AG |
02/13/22 |
ILS 29,500,000 |
(339,524) |
| (339,524 | ) | ||||||||||||||||
Receive a
fixed rate equal to 7.530% and pay a floating rate based on the INR-MIBOR-OIS-COMPOUND Counterparty: Credit Suisse First Boston |
02/24/17 |
INR 800,000,000 |
(126,157) |
| (126,157 | ) | ||||||||||||||||
Receive a
floating rate based on the 3-month KRW-CD-KSDA-Bloomberg and pay a fixed rate equal to 3.665% Counterparty: Bank of America |
04/05/17 |
KRW 17,000,000,000 |
(117,706) |
| (117,706 | ) | ||||||||||||||||
Receive a
floating rate based on the 3-month KRW-CD-KSDA-Bloomberg and pay a fixed rate equal to 3.660% Counterparty: Credit Suisse First Boston |
03/26/17 |
KRW 17,000,000,000 |
(114,371) |
| (114,371 | ) | ||||||||||||||||
Receive a
fixed rate equal to 4.860% and pay a floating rate based on the 28-day MXN-TIIE-BANXICO Counterparty: Bank of America |
04/30/14 |
MXN 465,000,000 |
(8,680) |
| (8,680 | ) |
Termination Date |
Notional Amount |
Fair Value |
Upfront Payments Paid/(Received) |
Unrealized Appreciation/ (Depreciation) | ||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Receive a
floating rate based on the 28-day MXN-TIIE-BANXICO and pay a fixed rate equal to 5.680% Counterparty: Bank of America |
03/27/17 |
MXN 219,000,000 |
$(145,209 |
) | $ | | $ | (145,209 | ) | |||||||||||||
Receive a
floating rate based on the 28-day MXN-TIIE-BANXICO and pay a fixed rate equal to 6.520% Counterparty: Citigroup, Inc. |
03/30/22 |
MXN 111,000,000 |
(73,576 |
) | | (73,576 | ) | |||||||||||||||
Receive a
fixed rate equal to 4.660% and pay a floating rate based on the 28-day MXN-TIIE-BANXICO Counterparty: Credit Suisse First Boston |
04/22/14 |
MXN 230,000,000 |
(70,856 |
) | | (70,856 | ) | |||||||||||||||
Receive a
fixed rate equal to 4.900% and pay a floating rate based on the 28-day MXN-TIIE-BANXICO Counterparty: Credit Suisse First Boston |
04/30/14 |
MXN 465,000,000 |
19,194 |
| 19,194 | |||||||||||||||||
Receive a
floating rate based on the 28-day MXN-TIIE-BANXICO and pay a fixed rate equal to 5.380% Counterparty: Credit Suisse First Boston |
04/18/17 |
MXN 200,000,000 |
88,173 |
| 88,173 | |||||||||||||||||
Receive a
fixed rate equal to 6.370% and pay a floating rate based on the 28-day MXN-TIIE-BANXICO Counterparty: Credit Suisse First Boston |
04/12/22 |
MXN 57,000,000 |
(17,158 |
) | | (17,158 | ) | |||||||||||||||
Receive a
fixed rate equal to 4.830% and pay a floating rate based on the 28-day MXN-TIIE-BANXICO Counterparty: Deutsche Bank AG |
08/09/13 |
MXN 165,116,773 |
9,004 |
| 9,004 | |||||||||||||||||
Receive a
fixed rate equal to 4.830% and pay a floating rate based on the 28-day MXN-TIIE-BANXICO Counterparty: Deutsche Bank AG |
04/28/14 |
MXN 450,000,000 |
(27,019 |
) | | (27,019 | ) | |||||||||||||||
Receive a
floating rate based on the 28-day MXN-TIIE-BANXICO and pay a fixed rate equal to 5.580% Counterparty: Deutsche Bank AG |
08/05/16 |
MXN 144,477,176 |
(102,516 |
) | | (102,516 | ) | |||||||||||||||
Receive a
fixed rate equal to 6.480% and pay a floating rate based on the 28-day MXN-TIIE-BANXICO Counterparty: Deutsche Bank AG |
07/30/21 |
MXN 41,279,193 |
37,754 |
| 37,754 | |||||||||||||||||
Receive a
floating rate based on the 28-day MXN-TIIE-BANXICO and pay a fixed rate equal to 6.520% Counterparty: Deutsche Bank AG |
03/30/22 |
MXN 112,000,000 |
(74,239 |
) | | (74,239 | ) | |||||||||||||||
Receive a
fixed rate equal to 4.660% and pay a floating rate based on the 28-day MXN-TIIE-BANXICO Counterparty: Morgan Stanley |
04/22/14 |
MXN 230,000,000 |
(70,856 |
) | | (70,856 | ) | |||||||||||||||
Receive a
floating rate based on the 28-day MXN-TIIE-BANXICO and pay a fixed rate equal to 5.370% Counterparty: Morgan Stanley |
04/18/17 |
MXN 195,000,000 |
92,851 |
| 92,851 | |||||||||||||||||
Receive a
floating rate based on the 28-day MXN-TIIE-BANXICO and pay a fixed rate equal to 6.650% Counterparty: Morgan Stanley |
03/28/22 |
MXN 110,000,000 |
(163,853 |
) | | (163,853 | ) | |||||||||||||||
Receive a
fixed rate equal to 6.350% and pay a floating rate based on the 28-day MXN-TIIE-BANXICO Counterparty: Morgan Stanley |
04/12/22 |
MXN 57,000,000 |
(24,300 |
) | | (24,300 | ) | |||||||||||||||
Receive a
fixed rate equal to 4.830% and pay a floating rate based on the 6-month PLN-WIBOR-WIBO Counterparty: Bank of America |
01/16/14 |
PLN 121,000,000 |
(96,718 |
) | | (96,718 | ) |
Termination Date |
Notional Amount |
Fair Value |
Upfront Payments Paid/(Received) |
Unrealized Appreciation/ (Depreciation) | ||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Receive a
fixed rate equal to 4.850% and pay a floating rate based on the 6-month PLN-WIBOR-WIBO Counterparty: Bank of America |
01/30/14 |
PLN 115,000,000 |
$(76,995 |
) | $ | | $ | (76,995 | ) | |||||||||||||
Receive a
floating rate based on 6-month PLZ-WIBOR-WIBO and pay a fixed rate equal to 5.095% Counterparty: Bank of America |
12/01/16 |
PLN 48,500,000 |
(105,703 |
) | | (105,703 | ) | |||||||||||||||
Receive a
floating rate based on the 6-month PLN-WIBOR-WIBO and pay a fixed rate equal to 4.860% Counterparty: Bank of America |
01/16/17 |
PLN 52,000,000 |
46,939 |
| 46,939 | |||||||||||||||||
Receive a
fixed rate equal to 2.190% and pay a floating rate based on the 3-month SEK-STIBOR-SIDE Counterparty: Credit Suisse First Boston |
04/23/17 |
SEK 261,600,000 |
(9,218 |
) | | (9,218 | ) | |||||||||||||||
Receive a
floating rate based on the 3-month USD-LIBOR-BBA and pay a fixed rate equal to 3.478% Counterparty: Citigroup, Inc. |
05/11/20 |
USD 10,271,000 |
(1,363,602 |
) | | (1,363,602 | ) | |||||||||||||||
Receive a
floating rate based on the 3-month USD-LIBOR-BBA and pay a fixed rate equal to 3.444% Counterparty: Credit Suisse First Boston |
12/24/20 |
USD 45,000,000 |
(5,886,160 |
) | | (5,886,160 | ) | |||||||||||||||
Receive a
floating rate based on the 3-month USD-LIBOR-BBA and pay a fixed rate equal to 2.083% Counterparty: Deutsche Bank AG |
04/26/22 |
USD 39,788,000 |
(211,540 |
) | | (211,540 | ) | |||||||||||||||
Receive a
fixed rate equal to 2.788% and pay a floating rate based on the 3-month USD-LIBOR-BBA Counterparty: Morgan Stanley |
03/16/20 |
USD 73,700,000 |
1,444,011 |
| 1,444,011 | |||||||||||||||||
Receive a
floating rate based on the 3-month USD-LIBOR-BBA and pay a fixed rate equal to 3.453% Counterparty: Morgan Stanley |
03/16/45 |
USD 29,000,000 |
(1,759,400 |
) | | (1,759,400 | ) | |||||||||||||||
Receive a
fixed rate equal to 7.550% and pay a floating rate based on the 3-month ZAR-JIBAR-SAFEX Counterparty: Deutsche Bank AG |
04/24/22 |
ZAR 79,500,000 |
7,500 |
| 7,500 | |||||||||||||||||
Receive a
fixed rate equal to 6.820% and pay a floating rate based on the 3-month ZAR-JIBAR-SAFEX Counterparty: Morgan Stanley |
11/16/16 |
ZAR 127,000,000 |
88,003 |
| 88,003 | |||||||||||||||||
Receive a
fixed rate equal to 6.670% and pay a floating rate based on the 3-month ZAR-JIBAR-SAFEX Counterparty: Morgan Stanley |
01/30/17 |
ZAR 122,000,000 |
(40,571 |
) | | (40,571 | ) | |||||||||||||||
Receive a
fixed rate equal to 6.680% and pay a floating rate based on the 3-month ZAR-JIBAR-SAFEX Counterparty: Morgan Stanley |
02/06/17 |
ZAR 119,000,000 |
(37,127 |
) | | (37,127 | ) | |||||||||||||||
Receive a
fixed rate equal to 6.690% and pay a floating rate based on the 3-month ZAR-JIBAR-SAFEX Counterparty: UBS Warburg LLC |
02/06/17 |
ZAR 126,000,000 |
(32,598 |
) | | (32,598 | ) | |||||||||||||||
$(11,932,281 |
) | $ | | $ | (11,932,281 | ) |
Description |
Counterparty |
Floating Rate Index/Underlying Reference Entity |
Pay/ Receive Floating |
Strike Price |
Expiration Date |
Notional Amount |
Premiums Received |
Fair Value |
||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Put OTC
Swaption |
Morgan Stanley |
CDX.NA.HY.18 |
Pay |
89.000% |
06/20/17 | USD 27,975,000 |
$ | 475,580 | $ | (335,805 | ) | |||||||||||||||||||||||
$ | 475,580 | $ | (335,805 | ) |
# of Contracts |
Counterparty |
Description |
Exercise Price |
Expiration Date |
Premiums Received |
Fair Value |
|||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Options On Currencies |
|||||||||||||||||||||||||||
14,500,000 |
Deutsche Bank AG |
JPY Put vs. USD Call Currency Option |
1.990 USD |
06/21/12 | $ | 147,755 | $ | (124,107 | ) | ||||||||||||||||||
36,400,000 |
Barclays Bank PLC |
USD Put vs. EUR Call Currency Option |
1.340 USD |
05/25/12 | 155,064 | (129,372 | ) | ||||||||||||||||||||
16,000,000 |
Deutsche Bank AG |
USD Put vs. JPY Call Currency Option |
75.000 USD |
07/03/12 | 322,400 | (15,914 | ) | ||||||||||||||||||||
Total Written OTC Options | $ | 625,219 | $ | (269,393 | ) |
Description |
Counterparty |
Floating Rate Index/Underlying Reference Entity |
Pay/ Receive Floating |
Exercise Rate |
Expiration Date |
Notional Amount |
Premiums Received |
Fair Value |
||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Put OTC
Swaption |
Citigroup, Inc. |
3-month USD-LIBOR-BBA |
Pay |
2.648% |
07/09/12 | USD 79,600,000 |
$ | 398,000 | $ | (128,200 | ) | |||||||||||||||||||||||
Total Written Swaptions |
$ | 398,000 | $ | (128,200 | ) |
Derivatives not accounted for as hedging instruments |
Location on Statement of Assets and Liabilities |
Fair Value |
||||||||
---|---|---|---|---|---|---|---|---|---|---|
Asset
Derivatives |
||||||||||
Credit
contracts |
Investments in securities at value* |
$ | 700,836 | |||||||
Foreign exchange
contracts |
Investments in securities at value* |
569,959 | ||||||||
Interest rate
contracts |
Investments in securities at value* |
170,280 | ||||||||
Foreign exchange
contracts |
Unrealized
appreciation on forward foreign currency contracts |
14,005,491 | ||||||||
Credit
contracts |
Upfront
payments paid on OTC swap agreements |
320,393 | ||||||||
Credit
contracts |
Unrealized
appreciation on OTC swap agreements |
107,119 | ||||||||
Interest rate
contracts |
Unrealized
appreciation on OTC swap agreements |
1,975,744 | ||||||||
Interest rate
contracts |
Net
Assets- Unrealized appreciation** |
1,445,804 | ||||||||
Total Asset
Derivatives |
$ | 19,295,626 | ||||||||
Liability
Derivatives |
||||||||||
Foreign exchange
contracts |
Unrealized
depreciation on forward foreign currency contracts |
$ | 14,729,043 | |||||||
Credit
contracts |
Upfront
payments received on OTC swap agreements |
5,854,563 | ||||||||
Credit
contracts |
Unrealized
depreciation on OTC swap agreements |
517,713 | ||||||||
Interest rate
contracts |
Unrealized
depreciation on OTC swap agreements |
13,908,025 | ||||||||
Interest rate
contracts |
Net
Assets- Unrealized depreciation** |
1,239,438 | ||||||||
Credit
contracts |
Written
options, at fair value |
335,805 | ||||||||
Foreign exchange
contracts |
Written
options, at fair value |
269,393 | ||||||||
Interest rate
contracts |
Written
options, at fair value |
128,200 | ||||||||
Total
Liability Derivatives |
$ | 36,982,180 |
* |
Includes purchased options. |
** |
Includes cumulative appreciation/depreciation of futures contracts as reported in the table following the Summary Portfolio of Investments. |
Amount of Realized Gain or (Loss) on Derivatives
Recognized in Income |
|
||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Derivatives not accounted for as hedging instruments |
Investments* |
Foreign currency related transactions** |
Futures |
Swaps |
Written options |
Total |
|||||||||||||||||||||
Credit
contracts |
$ | (245,078 | ) | $ | | $ | | $ | 596,508 | $ | 193,349 | $ | 544,779 | ||||||||||||||
Foreign exchange
contracts |
(506,558 | ) | (7,055,539 | ) | | | 1,885,453 | (5,676,644 | ) | ||||||||||||||||||
Interest rate
contracts |
(56,350 | ) | | 3,105,385 | (5,139,880 | ) | 66,916 | (2,023,929 | ) | ||||||||||||||||||
Total |
$ | (807,986 | ) | $ | (7,055,539 | ) | $ | 3,105,385 | $ | (4,543,372 | ) | $ | 2,145,718 | $ | (7,155,794 | ) |
Change in Unrealized Appreciation or (Depreciation) on Derivatives Recognized in Income |
|
||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Derivatives not accounted for as hedging instruments |
Investments* |
Foreign currency related transactions** |
Futures |
Swaps |
Written options |
Total |
|||||||||||||||||||||
Credit
contracts |
$ | (243,851 | ) | $ | | $ | | $ | (410,594 | ) | $ | 139,775 | $ | (514,670 | ) | ||||||||||||
Foreign exchange
contracts |
(85,919 | ) | (212,147 | ) | | | 84,667 | (213,399 | ) | ||||||||||||||||||
Interest rate
contracts |
(227,720 | ) | | (396,273 | ) | (1,639,672 | ) | 269,800 | (1,993,865 | ) | |||||||||||||||||
Total |
$ | (557,490 | ) | $ | (212,147 | ) | $ | (396,273 | ) | $ | (2,050,266 | ) | $ | 494,242 | $ | (2,721,934 | ) |
* |
Amounts recognized for purchased options are included in net realized gain (loss) on investments and net change in unrealized appreciation or depreciation on investments. |
** |
Amounts recognized for forward foreign currency contracts are included in net realized gain (loss) on foreign currency related transactions and net change in unrealized appreciation or depreciation on foreign currency related transactions. |
Shares |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 96.6% |
|||||||||||||||||||
Australia: 3.0% |
|||||||||||||||||||
99,981 |
Amcor Ltd. |
$ | 780,342 | 1.0 | |||||||||||||||
190,234 |
Other Securities |
1,565,824 | 2.0 | ||||||||||||||||
2,346,166 | 3.0 | ||||||||||||||||||
Brazil: 0.5% |
|||||||||||||||||||
16,513 |
Other Securities |
365,928 | 0.5 | ||||||||||||||||
Canada: 4.4% |
|||||||||||||||||||
10,400 |
Canadian Imperial Bank of Commerce |
784,646 | 1.0 | ||||||||||||||||
38,058 |
Shaw Communications, Inc. Class B |
784,391 | 1.0 | ||||||||||||||||
18,119 |
TransCanada Corp. |
797,137 | 1.1 | ||||||||||||||||
20,390 |
Other Securities |
985,603 | 1.3 | ||||||||||||||||
3,351,777 | 4.4 | ||||||||||||||||||
France: 7.6% |
|||||||||||||||||||
18,615 |
Cie de Saint-Gobain |
781,557 | 1.0 | ||||||||||||||||
45,771 |
Gaz de France |
1,053,841 | 1.4 | ||||||||||||||||
10,343 |
Sanofi-Aventis |
790,015 | 1.0 | ||||||||||||||||
16,161 |
Vinci S.A. |
749,553 | 1.0 | ||||||||||||||||
66,612 |
Other Securities |
2,491,653 | 3.2 | ||||||||||||||||
5,866,619 | 7.6 | ||||||||||||||||||
Germany: 5.8% |
|||||||||||||||||||
17,401 |
Bayer AG |
1,226,139 | 1.6 | ||||||||||||||||
40,008 |
Deutsche Post AG |
747,105 | 0.9 | ||||||||||||||||
111,738 |
Other Securities (a) |
2,520,868 | 3.3 | ||||||||||||||||
4,494,112 | 5.8 | ||||||||||||||||||
Hong Kong: 1.0% |
|||||||||||||||||||
13,414 |
China Mobile Ltd. ADR |
742,331 | 1.0 | ||||||||||||||||
Israel: 0.8% |
|||||||||||||||||||
55,401 |
Other Securities |
633,722 | 0.8 | ||||||||||||||||
Italy: 0.5% |
|||||||||||||||||||
242,906 |
Other Securities |
368,209 | 0.5 | ||||||||||||||||
Japan: 9.1% |
|||||||||||||||||||
19,400 |
Astellas Pharma, Inc. |
786,778 | 1.0 | ||||||||||||||||
49,600 |
Mitsui & Co., Ltd. |
774,534 | 1.0 | ||||||||||||||||
346,635 |
Other Securities |
5,405,210 | 7.1 | ||||||||||||||||
6,966,522 | 9.1 | ||||||||||||||||||
Luxembourg: 0.9% |
|||||||||||||||||||
38,947 |
Other Securities |
676,584 | 0.9 | ||||||||||||||||
Netherlands: 2.6% |
|||||||||||||||||||
32,744 |
Royal Dutch Shell PLC |
1,167,838 | 1.5 | ||||||||||||||||
58,784 |
Other Securities |
831,938 | 1.1 | ||||||||||||||||
1,999,776 | 2.6 | ||||||||||||||||||
Portugal: 0.4% |
|||||||||||||||||||
120,668 |
Other Securities |
345,074 | 0.4 | ||||||||||||||||
COMMON STOCK: (continued) |
|||||||||||||||||||
Singapore: 2.1% |
|||||||||||||||||||
313,000 |
Singapore Telecommunications Ltd. |
$ | 787,342 | 1.0 | |||||||||||||||
53,000 |
United Overseas Bank Ltd. |
822,316 | 1.1 | ||||||||||||||||
1,609,658 | 2.1 | ||||||||||||||||||
South Korea: 0.5% |
|||||||||||||||||||
11,910 |
Other Securities |
380,570 | 0.5 | ||||||||||||||||
Sweden: 1.5% |
|||||||||||||||||||
119,320 |
@ |
Telefonaktiebolaget LM Ericsson |
1,182,875 | 1.5 | |||||||||||||||
Switzerland: 4.1% |
|||||||||||||||||||
20,168 |
Novartis AG |
1,113,601 | 1.5 | ||||||||||||||||
4,235 |
Roche Holding AG Genusschein |
773,991 | 1.0 | ||||||||||||||||
3,266 |
@ |
Zurich Financial Services AG |
800,180 | 1.0 | |||||||||||||||
20,704 |
Other Securities |
495,217 | 0.6 | ||||||||||||||||
3,182,989 | 4.1 | ||||||||||||||||||
Taiwan: 1.1% |
|||||||||||||||||||
52,349 |
Taiwan Semiconductor Manufacturing Co., Ltd. ADR |
815,597 | 1.1 | ||||||||||||||||
United Kingdom: 12.1% |
|||||||||||||||||||
108,413 |
BP PLC |
783,188 | 1.0 | ||||||||||||||||
15,100 |
Ensco International PLC ADR |
825,215 | 1.1 | ||||||||||||||||
87,620 |
HSBC Holdings PLC |
790,962 | 1.0 | ||||||||||||||||
19,338 |
Imperial Tobacco Group PLC |
773,336 | 1.0 | ||||||||||||||||
66,776 |
Prudential PLC |
818,402 | 1.0 | ||||||||||||||||
13,056 |
Reckitt Benckiser PLC |
760,035 | 1.0 | ||||||||||||||||
91,063 |
Reed Elsevier PLC |
753,553 | 1.0 | ||||||||||||||||
528,403 |
Other Securities |
3,827,006 | 5.0 | ||||||||||||||||
9,331,697 | 12.1 | ||||||||||||||||||
United States: 38.6% |
|||||||||||||||||||
12,278 |
Abbott Laboratories |
761,973 | 1.0 | ||||||||||||||||
77,600 |
Arch Coal, Inc. |
757,376 | 1.0 | ||||||||||||||||
25,498 |
AT&T, Inc. |
839,139 | 1.1 | ||||||||||||||||
23,100 |
Bristol-Myers Squibb Co. |
770,847 | 1.0 | ||||||||||||||||
24,746 |
Carnival Corp. |
803,998 | 1.0 | ||||||||||||||||
20,400 |
CenturyTel, Inc. |
786,624 | 1.0 | ||||||||||||||||
11,400 |
Chevron Corp. |
1,214,784 | 1.6 | ||||||||||||||||
14,000 |
ExxonMobil Corp. |
1,208,760 | 1.6 | ||||||||||||||||
19,927 |
Freeport-McMoRan Copper & Gold, Inc. |
763,204 | 1.0 | ||||||||||||||||
58,461 |
General Electric Co. |
1,144,666 | 1.5 | ||||||||||||||||
33,800 |
Hewlett-Packard Co. |
836,888 | 1.1 | ||||||||||||||||
21,381 |
Kraft Foods, Inc. |
852,460 | 1.1 |
Shares |
|
|
|
Value |
|
Percentage of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: (continued) |
|||||||||||||||||||
United States: (continued) |
|||||||||||||||||||
35,525 |
Microsoft Corp. |
$ | 1,137,511 | 1.5 | |||||||||||||||
12,794 |
PepsiCo, Inc. |
844,404 | 1.1 | ||||||||||||||||
33,547 |
Pfizer, Inc. |
769,233 | 1.0 | ||||||||||||||||
45,611 |
L |
Pitney Bowes, Inc. |
781,316 | 1.0 | |||||||||||||||
28,342 |
PPL Corp. |
775,154 | 1.0 | ||||||||||||||||
19,300 |
St. Jude Medical, Inc. |
747,296 | 1.0 | ||||||||||||||||
13,500 |
Tyco International Ltd. |
757,755 | 1.0 | ||||||||||||||||
28,700 |
UGI Corp. |
837,466 | 1.1 | ||||||||||||||||
13,800 |
United Technologies Corp. |
1,126,632 | 1.4 | ||||||||||||||||
22,258 |
Wells Fargo & Co. |
744,085 | 1.0 | ||||||||||||||||
304,012 |
Other Securities |
10,415,258 | 13.5 | ||||||||||||||||
29,676,829 | 38.6 | ||||||||||||||||||
Total
Common Stock |
|||||||||||||||||||
(Cost
$72,375,869) |
74,337,035 | 96.6 |
Principal Amount |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHORT-TERM INVESTMENTS: 1.5% |
|||||||||||||||||||
Securities Lending Collateralcc(1): 1.5% |
|||||||||||||||||||
132,312 |
Citigroup, Inc., Repurchase Agreement dated 04/30/12, 0.21%, due 05/01/12 (Repurchase Amount $132,313,
collateralized by various U.S. Government Agency Obligations, 3.500%5.500%, Market Value plus accrued interest $134,958, due
04/15/2405/01/42) |
132,312 | 0.2 | ||||||||||||||||
1,000,000 |
Merrill Lynch & Co., Inc., Repurchase Agreement dated 04/30/12, 0.21%, due 05/01/12 (Repurchase
Amount $1,000,006, collateralized by various U.S. Government Agency Obligations, 4.000%, Market Value plus accrued interest $1,020,000, due
08/15/4112/20/41) |
1,000,000 | 1.3 | ||||||||||||||||
1,132,312 | 1.5 | ||||||||||||||||||
Total
Short-Term Investments |
|||||||||||||||||||
(Cost
$1,132,312) |
1,132,312 | 1.5 | |||||||||||||||||
Total Investments in Securities (Cost $73,508,181) |
$ | 75,469,347 | 98.1 | ||||||||||||||||
Assets in Excess of Other Liabilities |
1,481,939 | 1.9 | |||||||||||||||||
Net Assets |
$ | 76,951,286 | 100.0 |
|
Unless otherwise indicated, principal amount is shown in USD. |
@ |
Non-income producing security |
ADR |
American Depositary Receipt |
cc |
Securities purchased with cash collateral for securities loaned. |
L |
Loaned security, a portion or all of the security is on loan at April 30, 2012. |
(1) |
Collateral received from brokers for securities lending was invested into these short-term investments. |
(a) |
This grouping contains securities on loan. |
Cost for federal income tax purposes is $74,121,686. |
Net unrealized
appreciation consists of: |
||||||
Gross
Unrealized Appreciation |
$ | 5,591,623 | ||||
Gross
Unrealized Depreciation |
(4,243,962 | ) | ||||
Net
Unrealized Appreciation |
$ | 1,347,661 |
Sector Diversification |
Percentage of Net Assets |
|||||
---|---|---|---|---|---|---|
Consumer
Discretionary |
8.5 | % | ||||
Consumer
Staples |
7.7 | |||||
Energy |
11.2 | |||||
Financials |
17.9 | |||||
Health
Care |
11.3 | |||||
Industrials |
12.4 | |||||
Information
Technology |
8.6 | |||||
Materials |
7.0 | |||||
Telecommunications |
6.3 | |||||
Utilities |
5.7 | |||||
Short-Term
Investments |
1.5 | |||||
Assets in
Excess of Other Liabilities |
1.9 | |||||
Net
Assets |
100.0 | % |
Quoted Prices in Active Markets for Identical Investments (Level 1) |
Significant Other Observable Inputs # (Level 2) |
Significant Unobservable Inputs (Level 3) |
Fair Value at 4/30/2012 |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset
Table |
||||||||||||||||||
Investments,
at value |
||||||||||||||||||
Common
Stock |
||||||||||||||||||
Australia |
$ | | $ | 2,346,166 | $ | | $ | 2,346,166 | ||||||||||
Brazil |
365,928 | | | 365,928 | ||||||||||||||
Canada |
3,351,777 | | | 3,351,777 | ||||||||||||||
France |
| 5,866,619 | | 5,866,619 | ||||||||||||||
Germany |
| 4,494,112 | | 4,494,112 | ||||||||||||||
Hong
Kong |
742,331 | | | 742,331 | ||||||||||||||
Israel |
| 633,722 | | 633,722 | ||||||||||||||
Italy |
| 368,209 | | 368,209 | ||||||||||||||
Japan |
| 6,966,522 | | 6,966,522 | ||||||||||||||
Luxembourg |
| 676,584 | | 676,584 | ||||||||||||||
Netherlands |
| 1,999,776 | | 1,999,776 | ||||||||||||||
Portugal |
| 345,074 | | 345,074 | ||||||||||||||
Singapore |
| 1,609,658 | | 1,609,658 | ||||||||||||||
South
Korea |
| 380,570 | | 380,570 | ||||||||||||||
Sweden |
| 1,182,875 | | 1,182,875 | ||||||||||||||
Switzerland |
495,217 | 2,687,772 | | 3,182,989 | ||||||||||||||
Taiwan |
815,597 | | | 815,597 | ||||||||||||||
United
Kingdom |
825,215 | 8,506,482 | | 9,331,697 | ||||||||||||||
United
States |
29,676,829 | | | 29,676,829 | ||||||||||||||
Total Common
Stock |
36,272,894 | 38,064,141 | | 74,337,035 | ||||||||||||||
Short-Term
Investments |
| 1,132,312 | | 1,132,312 | ||||||||||||||
Total
Investments, at value |
$ | 36,272,894 | $ | 39,196,453 | $ | | $ | 75,469,347 |
ˆ |
See Note 2, Significant Accounting Policies in the Notes to Financial Statements for additional information. |
# |
The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Fund may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Funds investments are categorized as Level 2 investments. |
Shares |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 98.2% |
|||||||||||||||||||
Canada: 6.9% |
|||||||||||||||||||
26,900 |
Centerra Gold, Inc. |
$ | 348,283 | 0.3 | |||||||||||||||
41,508 |
GoldCorp, Inc. |
1,588,096 | 1.5 | ||||||||||||||||
53,300 |
@ |
Harry Winston Diamond Corp. |
760,773 | 0.7 | |||||||||||||||
138,500 |
@ |
Lundin Mining Corp. |
672,977 | 0.6 | |||||||||||||||
75,829 |
Teck Cominco Ltd. Class B |
2,830,696 | 2.7 | ||||||||||||||||
34,917 |
@ |
Thompson Creek Metals Co., Inc. |
207,058 | 0.2 | |||||||||||||||
66,189 |
Trican Well Services Ltd. |
957,474 | 0.9 | ||||||||||||||||
7,365,357 | 6.9 | ||||||||||||||||||
France: 1.3% |
|||||||||||||||||||
12,202 |
Technip S.A. |
1,385,660 | 1.3 | ||||||||||||||||
Netherlands: 3.3% |
|||||||||||||||||||
49,373 |
Royal Dutch Shell PLC Class A ADR |
3,532,145 | 3.3 | ||||||||||||||||
Norway: 2.6% |
|||||||||||||||||||
105,200 |
Statoil ASA ADR |
2,830,932 | 2.6 | ||||||||||||||||
United Kingdom: 5.5% |
|||||||||||||||||||
31,800 |
Antofagasta PLC |
612,370 | 0.6 | ||||||||||||||||
83,301 |
BG Group PLC |
1,965,506 | 1.8 | ||||||||||||||||
40,965 |
Ensco International PLC ADR |
2,238,737 | 2.1 | ||||||||||||||||
11,800 |
Randgold Resources Ltd. ADR |
1,051,970 | 1.0 | ||||||||||||||||
5,868,583 | 5.5 | ||||||||||||||||||
United States: 78.6% |
|||||||||||||||||||
45,300 |
Anadarko Petroleum Corp. |
3,316,413 | 3.1 | ||||||||||||||||
117,009 |
Arch Coal, Inc. |
1,142,008 | 1.1 | ||||||||||||||||
73,000 |
@ |
Basic Energy Services, Inc. |
1,051,200 | 1.0 | |||||||||||||||
65,500 |
@ |
Cameron International Corp. |
3,356,875 | 3.1 | |||||||||||||||
72,767 |
Chevron Corp. |
7,754,052 | 7.2 | ||||||||||||||||
28,080 |
Cimarex Energy Co. |
1,940,609 | 1.8 | ||||||||||||||||
35,000 |
Cliffs Natural Resources, Inc. |
2,179,100 | 2.0 | ||||||||||||||||
31,500 |
ConocoPhillips |
2,256,345 | 2.1 | ||||||||||||||||
38,900 |
Devon Energy Corp. |
2,717,165 | 2.5 | ||||||||||||||||
17,300 |
Domtar Corp. |
1,513,404 | 1.4 | ||||||||||||||||
44,700 |
@ |
Energy XXI Bermuda Ltd. |
1,684,296 | 1.6 | |||||||||||||||
32,200 |
EOG Resources, Inc. |
3,535,882 | 3.3 | ||||||||||||||||
38,200 |
EQT Corp. |
1,903,124 | 1.8 | ||||||||||||||||
117,564 |
ExxonMobil Corp. |
10,150,476 | 9.4 | ||||||||||||||||
15,100 |
@ |
Forum Energy Technologies, Inc. |
349,112 | 0.3 | |||||||||||||||
114,200 |
Freeport-McMoRan Copper & Gold, Inc. |
4,373,860 | 4.1 | ||||||||||||||||
COMMON STOCK: (continued) |
|||||||||||||||||||
United States: (continued) |
|||||||||||||||||||
59,700 |
@ |
FX Energy, Inc. |
$ | 339,096 | 0.3 | ||||||||||||||
134,128 |
Halliburton Co. |
4,589,860 | 4.3 | ||||||||||||||||
18,300 |
Hess Corp. |
954,162 | 0.9 | ||||||||||||||||
106,900 |
@ |
Key Energy Services, Inc. |
1,353,354 | 1.3 | |||||||||||||||
19,900 |
@ |
Laredo Petroleum Holdings, Inc. |
525,758 | 0.5 | |||||||||||||||
14,200 |
Marathon Oil Corp. |
416,628 | 0.4 | ||||||||||||||||
18,700 |
Mosaic Co/The |
987,734 | 0.9 | ||||||||||||||||
20,300 |
Murphy Oil Corp. |
1,115,891 | 1.0 | ||||||||||||||||
62,978 |
National Oilwell Varco, Inc. |
4,771,213 | 4.4 | ||||||||||||||||
41,100 |
@ |
Newfield Exploration Co. |
1,475,490 | 1.4 | |||||||||||||||
65,100 |
Newmont Mining Corp. |
3,102,015 | 2.9 | ||||||||||||||||
11,900 |
Occidental Petroleum Corp. |
1,085,518 | 1.0 | ||||||||||||||||
28,900 |
Patterson-UTI Energy, Inc. |
467,313 | 0.4 | ||||||||||||||||
44,500 |
Range Resources Corp. |
2,966,370 | 2.8 | ||||||||||||||||
84,300 |
@ |
Rowan Cos., Inc. |
2,910,879 | 2.7 | |||||||||||||||
56,260 |
Schlumberger Ltd. |
4,171,116 | 3.9 | ||||||||||||||||
74,300 |
@ |
Southwestern Energy Co. |
2,346,394 | 2.2 | |||||||||||||||
37,500 |
@ |
Unit Corp. |
1,584,375 | 1.5 | |||||||||||||||
84,387,087 | 78.6 | ||||||||||||||||||
Total
Common Stock |
|||||||||||||||||||
(Cost
$93,782,189) |
105,369,764 | 98.2 | |||||||||||||||||
SHORT-TERM INVESTMENTS: 1.1% |
|||||||||||||||||||
Mutual Funds: 1.1% |
|||||||||||||||||||
1,179,000 |
BlackRock Liquidity Funds, TempFund, Institutional Class (Cost $1,179,000) |
1,179,000 | 1.1 | ||||||||||||||||
Total
Short-Term Investments |
|||||||||||||||||||
(Cost
$1,179,000) |
1,179,000 | 1.1 | |||||||||||||||||
Total Investments in Securities (Cost $94,961,189) |
$ | 106,548,764 | 99.3 | ||||||||||||||||
Assets in Excess of Other Liabilities |
773,192 | 0.7 | |||||||||||||||||
Net Assets |
$ | 107,321,956 | 100.0 |
@ |
Non-income producing security |
ADR |
American Depositary Receipt |
Cost for federal income tax purposes is $96,838,668. |
Net unrealized
appreciation consists of: |
||||||
Gross
Unrealized Appreciation |
$ | 15,917,411 | ||||
Gross
Unrealized Depreciation |
(6,207,315 | ) | ||||
Net
Unrealized Appreciation |
$ | 9,710,096 |
Sector Diversification |
Percentage of Net Assets |
|||||
---|---|---|---|---|---|---|
Energy |
79.3 | % | ||||
Materials |
18.9 | |||||
Short-Term
Investments |
1.1 | |||||
Assets in
Excess of Other Liabilities |
0.7 | |||||
Net
Assets |
100.0 | % |
Quoted Prices in Active Markets for Identical Investments (Level 1) |
Significant Other Observable Inputs # (Level 2) |
Significant Unobservable Inputs (Level 3) |
Fair Value at 4/30/2012 |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset
Table |
||||||||||||||||||
Investments,
at value |
||||||||||||||||||
Common
Stock |
||||||||||||||||||
Canada |
$ | 7,365,357 | $ | | $ | | $ | 7,365,357 | ||||||||||
France |
| 1,385,660 | | 1,385,660 | ||||||||||||||
Netherlands |
3,532,145 | | | 3,532,145 | ||||||||||||||
Norway |
2,830,932 | | | 2,830,932 | ||||||||||||||
United
Kingdom |
2,238,737 | 3,629,846 | | 5,868,583 | ||||||||||||||
United
States |
84,387,087 | | | 84,387,087 | ||||||||||||||
Total Common
Stock |
100,354,258 | 5,015,506 | | 105,369,764 | ||||||||||||||
Short-Term
Investments |
1,179,000 | | | 1,179,000 | ||||||||||||||
Total
Investments, at value |
$ | 101,533,258 | $ | 5,015,506 | $ | | $ | 106,548,764 |
ˆ |
See Note 2, Significant Accounting Policies in the Notes to Financial Statements for additional information. |
# |
The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Fund may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Funds investments are categorized as Level 2 investments. |
Shares |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 97.3% |
|||||||||||||||||||
Brazil: 1.4% |
|||||||||||||||||||
108,020 |
Other Securities |
$ | 801,597 | 1.4 | |||||||||||||||
Cambodia: 0.3% |
|||||||||||||||||||
386,000 |
Other Securities |
179,153 | 0.3 | ||||||||||||||||
Canada: 1.8% |
|||||||||||||||||||
21,500 |
Suncor Energy, Inc. |
710,174 | 1.2 | ||||||||||||||||
24,600 |
Other Securities |
321,741 | 0.6 | ||||||||||||||||
1,031,915 | 1.8 | ||||||||||||||||||
China: 7.7% |
|||||||||||||||||||
493,000 |
@ |
China Communications Construction Co., Ltd. |
491,226 | 0.9 | |||||||||||||||
175,000 |
China Resources Enterprise |
633,444 | 1.1 | ||||||||||||||||
2,452,375 |
Other Securities(a) |
3,258,863 | 5.7 | ||||||||||||||||
4,383,533 | 7.7 | ||||||||||||||||||
Denmark: 1.0% |
|||||||||||||||||||
3,842 |
Novo-Nordisk A/S |
566,399 | 1.0 | ||||||||||||||||
France: 3.7% |
|||||||||||||||||||
4,673 |
LVMH Moet Hennessy Louis Vuitton S.A. |
775,229 | 1.4 | ||||||||||||||||
11,538 |
Vinci S.A. |
535,136 | 0.9 | ||||||||||||||||
42,344 |
Other Securities |
815,216 | 1.4 | ||||||||||||||||
2,125,581 | 3.7 | ||||||||||||||||||
Germany: 1.8% |
|||||||||||||||||||
8,010 |
Bayer AG |
564,415 | 1.0 | ||||||||||||||||
23,828 |
Other Securities(a) |
435,364 | 0.8 | ||||||||||||||||
999,779 | 1.8 | ||||||||||||||||||
Hong Kong: 1.6% |
|||||||||||||||||||
1,364,000 |
Hengdeli Holdings Ltd. |
543,501 | 0.9 | ||||||||||||||||
223,000 |
Other Securities |
397,513 | 0.7 | ||||||||||||||||
941,014 | 1.6 | ||||||||||||||||||
India: 2.1% |
|||||||||||||||||||
135,000 |
ITC Ltd. |
628,224 | 1.1 | ||||||||||||||||
136,322 |
Other Securities |
558,435 | 1.0 | ||||||||||||||||
1,186,659 | 2.1 | ||||||||||||||||||
Indonesia: 2.5% |
|||||||||||||||||||
92,753 |
Astra International Tbk PT |
714,270 | 1.3 | ||||||||||||||||
859,828 |
Bank Mandiri Persero TBK PT |
689,539 | 1.2 | ||||||||||||||||
1,403,809 | 2.5 | ||||||||||||||||||
Ireland: 0.9% |
|||||||||||||||||||
11,500 |
Ingersoll-Rand PLC |
488,980 | 0.9 | ||||||||||||||||
Italy: 0.9% |
|||||||||||||||||||
43,000 |
Fiat Industrial SpA |
488,139 | 0.9 | ||||||||||||||||
Japan: 6.0% |
|||||||||||||||||||
13,728 |
Honda Motor Co., Ltd. |
494,060 | 0.9 | ||||||||||||||||
166,669 |
Other Securities |
2,916,495 | 5.1 | ||||||||||||||||
3,410,555 | 6.0 | ||||||||||||||||||
COMMON STOCK: (continued) |
|||||||||||||||||||
Malaysia: 0.5% |
|||||||||||||||||||
259,900 |
Other Securities |
$ | 285,147 | 0.5 | |||||||||||||||
Netherlands: 6.3% |
|||||||||||||||||||
52,213 |
Koninklijke KPN NV |
468,761 | 0.8 | ||||||||||||||||
30,152 |
Royal Dutch Shell PLC |
1,075,393 | 1.9 | ||||||||||||||||
152,137 |
TNT NV |
662,026 | 1.2 | ||||||||||||||||
27,332 |
Unilever NV |
936,236 | 1.7 | ||||||||||||||||
49,561 |
Other Securities |
413,477 | 0.7 | ||||||||||||||||
3,555,893 | 6.3 | ||||||||||||||||||
Norway: 0.8% |
|||||||||||||||||||
24,641 |
Telenor ASA |
452,936 | 0.8 | ||||||||||||||||
Peru: 0.6% |
|||||||||||||||||||
2,669 |
Other Securities |
349,399 | 0.6 | ||||||||||||||||
Poland: 0.5% |
|||||||||||||||||||
24,877 |
Other Securities |
266,818 | 0.5 | ||||||||||||||||
Portugal: 0.8% |
|||||||||||||||||||
81,000 |
Other Securities(a) |
435,870 | 0.8 | ||||||||||||||||
Russia: 1.5% |
|||||||||||||||||||
50,717 |
Gazprom OAO ADR |
585,274 | 1.0 | ||||||||||||||||
10,614 |
Other Securities |
268,530 | 0.5 | ||||||||||||||||
853,804 | 1.5 | ||||||||||||||||||
Singapore: 1.1% |
|||||||||||||||||||
85,000 |
Oversea-Chinese Banking Corp. |
613,827 | 1.1 | ||||||||||||||||
South Korea: 1.8% |
|||||||||||||||||||
826 |
Samsung Electronics Co., Ltd. |
1,010,992 | 1.8 | ||||||||||||||||
Sweden: 0.5% |
|||||||||||||||||||
27,355 |
Other Securities |
271,183 | 0.5 | ||||||||||||||||
Switzerland: 8.3% |
|||||||||||||||||||
35,000 |
@ |
ABB Ltd. |
637,801 | 1.1 | |||||||||||||||
7,500 |
Compagnie Financiere Richemont S.A. |
464,240 | 0.8 | ||||||||||||||||
21,051 |
Nestle S.A. |
1,290,200 | 2.3 | ||||||||||||||||
24,965 |
Novartis AG |
1,378,474 | 2.4 | ||||||||||||||||
40,915 |
Other Securities |
963,043 | 1.7 | ||||||||||||||||
4,733,758 | 8.3 | ||||||||||||||||||
United Kingdom: 9.9% |
|||||||||||||||||||
38,677 |
BG Group PLC |
912,593 | 1.6 | ||||||||||||||||
128,669 |
BP PLC |
929,519 | 1.6 | ||||||||||||||||
123,419 |
HSBC Holdings PLC |
1,114,127 | 2.0 | ||||||||||||||||
24,701 |
Imperial Tobacco Group PLC |
987,806 | 1.7 | ||||||||||||||||
7,982 |
Rio Tinto PLC |
447,430 | 0.8 | ||||||||||||||||
22,976 |
Standard Chartered PLC |
561,664 | 1.0 | ||||||||||||||||
34,183 |
Other Securities |
653,226 | 1.2 | ||||||||||||||||
5,606,365 | 9.9 |
Shares |
|
|
|
Value |
|
Percentage of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: (continued) |
|||||||||||||||||||
United States: 33.0% |
|||||||||||||||||||
17,399 |
@ |
Adobe Systems, Inc. |
$ | 583,911 | 1.0 | ||||||||||||||
2,110 |
@ |
Apple, Inc. |
1,232,746 | 2.2 | |||||||||||||||
10,007 |
@ |
Celgene Corp. |
729,711 | 1.3 | |||||||||||||||
27,051 |
Citigroup, Inc. |
893,765 | 1.6 | ||||||||||||||||
1,618 |
@ |
Google, Inc. Class A |
979,262 | 1.7 | |||||||||||||||
17,600 |
Halliburton Co. |
602,272 | 1.1 | ||||||||||||||||
7,089 |
Mead Johnson Nutrition Co. |
606,535 | 1.1 | ||||||||||||||||
39,157 |
Microsoft Corp. |
1,253,807 | 2.2 | ||||||||||||||||
35,998 |
@ |
NetApp, Inc. |
1,397,802 | 2.5 | |||||||||||||||
5,638 |
Occidental Petroleum Corp. |
514,298 | 0.9 | ||||||||||||||||
22,037 |
@ |
Quanta Services, Inc. |
487,459 | 0.9 | |||||||||||||||
6,300 |
Schlumberger Ltd. |
467,082 | 0.8 | ||||||||||||||||
31,415 |
@ |
Symantec Corp. |
518,976 | 0.9 | |||||||||||||||
10,785 |
Thermo Fisher Scientific, Inc. |
600,185 | 1.0 | ||||||||||||||||
35,000 |
@ |
Weatherford International Ltd. |
499,450 | 0.9 | |||||||||||||||
15,000 |
Wells Fargo & Co. |
501,450 | 0.9 | ||||||||||||||||
8,225 |
Yum! Brands, Inc. |
598,204 | 1.0 | ||||||||||||||||
186,999 |
Other Securities(a) |
6,219,370 | 11.0 | ||||||||||||||||
18,686,285 | 33.0 | ||||||||||||||||||
Total
Common Stock |
|||||||||||||||||||
(Cost
$48,529,862) |
55,129,390 | 97.3 | |||||||||||||||||
EXCHANGE-TRADED FUNDS: 2.0% |
|||||||||||||||||||
13,784 |
@ |
SPDR S&P Biotech ETF |
1,121,190 | 2.0 | |||||||||||||||
Total
Exchange-Traded Funds |
|||||||||||||||||||
(Cost
$686,236) |
1,121,190 | 2.0 | |||||||||||||||||
Total
Long-Term Investments |
|||||||||||||||||||
(Cost
$49,216,098) |
56,250,580 | 99.3 | |||||||||||||||||
Principal Amount |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
SHORT-TERM INVESTMENTS: 2.8% |
|||||||||||||||||||
Securities Lending Collateralcc(1): 2.8% |
|||||||||||||||||||
1,000,000 |
Cantor Fitzgerald, Repurchase Agreement dated 04/30/12, 0.22%, due 05/01/12 (Repurchase Amount
$1,000,006, collateralized by various U.S. Government and U.S. Government Agency Obligations, 0.000%7.125%, Market Value plus accrued interest
$1,020,000, due 05/01/5109/01/49) |
1,000,000 | 1.8 | ||||||||||||||||
SHORT-TERM INVESTMENTS: (continued) |
|||||||||||||||||||
Securities Lending Collateral: (continued) |
|||||||||||||||||||
602,110 |
Daiwa Capital Markets, Repurchase Agreement dated 04/30/12, 0.24%, due 05/01/12 (Repurchase Amount
$602,114, collateralized by various U.S. Government and U.S. Government Agency Obligations, 0.000%8.875%, Market Value plus accrued interest
$614,152, due 05/17/1208/01/47) |
$ | 602,110 | 1.0 | |||||||||||||||
1,602,110 | 2.8 | ||||||||||||||||||
Total
Short-Term Investments |
|||||||||||||||||||
(Cost
$1,602,110) |
1,602,110 | 2.8 | |||||||||||||||||
Total Investments in Securities (Cost $50,818,208) |
$ | 57,852,690 | 102.1 | ||||||||||||||||
Liabilities in Excess of Other Assets |
(1,176,523 | ) | (2.1 | ) | |||||||||||||||
Net Assets |
$ | 56,676,167 | 100.0 |
|
Unless otherwise indicated, principal amount is shown in USD. |
@ |
Non-income producing security |
ADR |
American Depositary Receipt |
cc |
Securities purchased with cash collateral for securities loaned. |
(1) |
Collateral received from brokers for securities lending was invested into these short-term investments. |
(a) |
This grouping contains securities on loan. |
Cost for federal income tax purposes is $51,258,519. |
Net unrealized
appreciation consists of: |
||||||
Gross
Unrealized Appreciation |
$ | 10,359,788 | ||||
Gross
Unrealized Depreciation |
(3,765,617 | ) | ||||
Net
Unrealized Appreciation |
$ | 6,594,171 |
Sector Diversification |
Percentage of Net Assets |
|||||
---|---|---|---|---|---|---|
Consumer
Discretionary |
10.7 | % | ||||
Consumer
Staples |
12.3 | |||||
Energy |
13.0 | |||||
Exchange-Traded
Funds |
2.0 | |||||
Financials |
15.2 | |||||
Health
Care |
7.6 | |||||
Industrials |
9.0 | |||||
Information
Technology |
22.0 | |||||
Materials |
3.9 | |||||
Telecommunications |
2.4 | |||||
Utilities |
1.2 | |||||
Short-Term
Investments |
2.8 | |||||
Liabilities in
Excess of Other Assets |
(2.1 | ) | ||||
Net
Assets |
100.0 | % |
Quoted Prices in Active Markets for Identical Investments (Level 1) |
Significant Other Observable Inputs # (Level 2) |
Significant Unobservable Inputs (Level 3) |
Fair Value at 4/30/2012 |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset
Table |
||||||||||||||||||
Investments,
at value |
||||||||||||||||||
Common
Stock |
||||||||||||||||||
Brazil |
$ | 801,597 | $ | | $ | | $ | 801,597 | ||||||||||
Cambodia |
| 179,153 | | 179,153 | ||||||||||||||
Canada |
1,031,915 | | | 1,031,915 | ||||||||||||||
China |
318,480 | 4,065,053 | | 4,383,533 | ||||||||||||||
Denmark |
| 566,399 | | 566,399 | ||||||||||||||
France |
| 2,125,581 | | 2,125,581 | ||||||||||||||
Germany |
| 999,779 | | 999,779 | ||||||||||||||
Hong
Kong |
143,014 | 792,896 | 5,104 | 941,014 | ||||||||||||||
India |
| 1,186,659 | | 1,186,659 | ||||||||||||||
Indonesia |
| 1,403,809 | | 1,403,809 | ||||||||||||||
Ireland |
488,980 | | | 488,980 | ||||||||||||||
Italy |
| 488,139 | | 488,139 | ||||||||||||||
Japan |
| 3,410,555 | | 3,410,555 | ||||||||||||||
Malaysia |
| 285,147 | | 285,147 | ||||||||||||||
Netherlands |
| 3,555,893 | | 3,555,893 | ||||||||||||||
Norway |
| 452,936 | | 452,936 | ||||||||||||||
Peru |
349,399 | | | 349,399 | ||||||||||||||
Poland |
| 266,818 | | 266,818 | ||||||||||||||
Portugal |
| 435,870 | | 435,870 | ||||||||||||||
Russia |
585,274 | 268,530 | | 853,804 | ||||||||||||||
Singapore |
| 613,827 | | 613,827 | ||||||||||||||
South
Korea |
| 1,010,992 | | 1,010,992 | ||||||||||||||
Sweden |
| 271,183 | | 271,183 | ||||||||||||||
Switzerland |
1,066,500 | 3,667,258 | | 4,733,758 | ||||||||||||||
United
Kingdom |
| 5,606,365 | | 5,606,365 | ||||||||||||||
United
States |
18,686,285 | | | 18,686,285 | ||||||||||||||
Total Common
Stock |
23,471,444 | 31,652,842 | 5,104 | 55,129,390 | ||||||||||||||
Exchange-Traded
Funds |
1,121,190 | | | 1,121,190 | ||||||||||||||
Short-Term
Investments |
| 1,602,110 | | 1,602,110 | ||||||||||||||
Total
Investments, at value |
$ | 24,592,634 | $ | 33,254,952 | $ | 5,104 | $ | 57,852,690 |
ˆ |
See Note 2, Significant Accounting Policies in the Notes to Financial Statements for additional information. |
# |
The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Fund may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Funds investments are categorized as Level 2 investments. |
Asset Table |
Beginning Balance on 10/31/2011 |
Purchases |
Sales |
Accrued Discounts/ (Premiums) |
Total Realized Gain (Loss) |
Total Unrealized Appreciation (Depreciation) |
Transfers into Level 3 |
Transfers Out of Level 3 |
Ending Balance on 4/30/2012 |
|||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Investments,
at value |
||||||||||||||||||||||||||||||||||||||
Common
Stock |
$ | 5,097 | $ | | $ | | $ | | $ | | $ | 7 | $ | | $ | | $ | 5,104 | ||||||||||||||||||||
Total
Investments, at value |
$ | 5,097 | $ | | $ | | $ | | $ | | $ | 7 | $ | | $ | | $ | 5,104 |
Shares |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 98.3% |
|||||||||||||||||||
Australia: 7.9% |
|||||||||||||||||||
47,788,716 |
Dexus Property Group |
$ | 46,365,770 | 1.2 | |||||||||||||||
11,096,005 |
Goodman Group |
41,485,745 | 1.0 | ||||||||||||||||
10,762,775 |
Investa Office Fund |
30,549,857 | 0.8 | ||||||||||||||||
11,027,134 |
Westfield Group |
105,434,264 | 2.6 | ||||||||||||||||
15,730,581 |
Westfield Retail Trust |
44,390,531 | 1.1 | ||||||||||||||||
17,753,338 |
Other Securities |
46,451,387 | 1.2 | ||||||||||||||||
314,677,554 | 7.9 | ||||||||||||||||||
Brazil: 0.2% |
|||||||||||||||||||
504,600 |
Other Securities |
8,153,440 | 0.2 | ||||||||||||||||
Canada: 2.5% |
|||||||||||||||||||
1,671,000 |
Brookfield Properties Co. |
30,345,360 | 0.7 | ||||||||||||||||
2,109,100 |
Other Securities |
71,329,990 | 1.8 | ||||||||||||||||
101,675,350 | 2.5 | ||||||||||||||||||
China: 2.3% |
|||||||||||||||||||
73,900,000 |
L |
Evergrande Real Estate Group Ltd. |
42,425,009 | 1.1 | |||||||||||||||
75,943,500 |
Other Securities |
48,922,847 | 1.2 | ||||||||||||||||
91,347,856 | 2.3 | ||||||||||||||||||
France: 4.4% |
|||||||||||||||||||
492,229 |
Unibail |
92,104,537 | 2.3 | ||||||||||||||||
1,458,155 |
Other Securities |
83,320,281 | 2.1 | ||||||||||||||||
175,424,818 | 4.4 | ||||||||||||||||||
Germany: 0.4% |
|||||||||||||||||||
518,844 |
Other Securities(a) |
17,267,727 | 0.4 | ||||||||||||||||
Hong Kong: 10.0% |
|||||||||||||||||||
7,613,763 |
Cheung Kong Holdings Ltd. |
100,692,463 | 2.5 | ||||||||||||||||
11,966,245 |
Hang Lung Properties Ltd. |
43,994,210 | 1.1 | ||||||||||||||||
8,269,000 |
Kerry Properties Ltd. |
37,519,986 | 0.9 | ||||||||||||||||
10,052,900 |
Link Real Estate Investment Trust |
41,824,125 | 1.1 | ||||||||||||||||
26,739,200 |
Sino Land Co. |
45,867,058 | 1.2 | ||||||||||||||||
4,400,000 |
Sun Hung Kai Properties Ltd. |
52,702,754 | 1.3 | ||||||||||||||||
14,719,640 |
Other Securities |
76,262,929 | 1.9 | ||||||||||||||||
398,863,525 | 10.0 | ||||||||||||||||||
Japan: 12.8% |
|||||||||||||||||||
577,700 |
Daito Trust Construction Co., Ltd. |
51,951,525 | 1.3 | ||||||||||||||||
5,182 |
Japan Real Estate Investment Corp. |
45,906,593 | 1.1 | ||||||||||||||||
7,598,230 |
Mitsubishi Estate Co., Ltd. |
134,324,115 | 3.4 | ||||||||||||||||
7,035,088 |
Mitsui Fudosan Co., Ltd. |
128,860,377 | 3.2 | ||||||||||||||||
7,637,000 |
Tokyo Tatemono Co., Ltd. |
28,200,038 | 0.7 | ||||||||||||||||
2,084,763 |
Other Securities |
125,333,399 | 3.1 | ||||||||||||||||
514,576,047 | 12.8 | ||||||||||||||||||
Netherlands: 0.7% |
|||||||||||||||||||
663,120 |
Corio NV |
29,705,889 | 0.7 | ||||||||||||||||
COMMON STOCK: (continued) |
|||||||||||||||||||
Singapore: 4.8% |
|||||||||||||||||||
29,610,000 |
L |
CapitaCommercial Trust |
$ | 30,794,974 | 0.8 | ||||||||||||||
26,025,950 |
CapitaLand Ltd. |
61,516,975 | 1.5 | ||||||||||||||||
31,203,600 |
@ |
Global Logistic Properties Ltd. |
51,782,696 | 1.3 | |||||||||||||||
29,249,891 |
Other Securities |
46,987,778 | 1.2 | ||||||||||||||||
191,082,423 | 4.8 | ||||||||||||||||||
Sweden: 0.5% |
|||||||||||||||||||
1,772,304 |
Other Securities |
21,023,509 | 0.5 | ||||||||||||||||
United Kingdom: 4.6% |
|||||||||||||||||||
1,064,770 |
Derwent Valley Holdings PLC |
30,107,862 | 0.8 | ||||||||||||||||
5,559,961 |
Hammerson PLC |
37,692,797 | 0.9 | ||||||||||||||||
4,374,261 |
Land Securities Group PLC |
51,657,106 | 1.3 | ||||||||||||||||
15,508,251 |
Other Securities |
63,969,036 | 1.6 | ||||||||||||||||
183,426,801 | 4.6 | ||||||||||||||||||
United States: 47.2% |
|||||||||||||||||||
782,508 |
AvalonBay Communities, Inc. |
113,776,663 | 2.8 | ||||||||||||||||
1,085,900 |
Boston Properties, Inc. |
117,548,675 | 2.9 | ||||||||||||||||
943,700 |
BRE Properties, Inc. |
49,544,250 | 1.2 | ||||||||||||||||
2,942,200 |
DDR Corp. |
43,544,560 | 1.1 | ||||||||||||||||
1,449,800 |
Equity Residential |
89,075,712 | 2.2 | ||||||||||||||||
370,100 |
Essex Property Trust, Inc. |
58,464,697 | 1.5 | ||||||||||||||||
281,300 |
Federal Realty Investment Trust |
28,315,658 | 0.7 | ||||||||||||||||
3,706,111 |
General Growth Properties, Inc. |
65,968,776 | 1.6 | ||||||||||||||||
1,047,529 |
HCP, Inc. |
43,420,077 | 1.1 | ||||||||||||||||
935,300 |
Health Care Real Estate Investment Trust, Inc. |
52,994,098 | 1.3 | ||||||||||||||||
5,197,135 |
Host Hotels & Resorts, Inc. |
86,480,327 | 2.2 | ||||||||||||||||
2,423,700 |
Kimco Realty Corp. |
47,044,017 | 1.2 | ||||||||||||||||
1,449,575 |
Liberty Property Trust |
52,837,009 | 1.3 | ||||||||||||||||
1,472,141 |
Macerich Co. |
90,639,721 | 2.3 | ||||||||||||||||
831,700 |
Post Properties, Inc. |
40,503,790 | 1.0 | ||||||||||||||||
3,090,902 |
ProLogis, Inc. |
110,592,474 | 2.8 | ||||||||||||||||
456,524 |
Public Storage, Inc. |
65,401,628 | 1.6 | ||||||||||||||||
1,537,920 |
Simon Property Group, Inc. |
239,300,352 | 6.0 | ||||||||||||||||
1,010,830 |
SL Green Realty Corp. |
83,332,825 | 2.1 | ||||||||||||||||
910,900 |
Starwood Hotels & Resorts Worldwide, Inc. |
53,925,280 | 1.3 | ||||||||||||||||
579,700 |
Taubman Centers, Inc. |
44,741,246 | 1.1 | ||||||||||||||||
2,397,555 |
UDR, Inc. |
63,127,623 | 1.6 | ||||||||||||||||
1,095,304 |
Ventas, Inc. |
64,392,922 | 1.6 | ||||||||||||||||
1,053,802 |
Vornado Realty Trust |
90,458,364 | 2.2 | ||||||||||||||||
3,205,600 |
Other Securities |
98,623,378 | 2.5 | ||||||||||||||||
1,894,054,122 | 47.2 | ||||||||||||||||||
Total
Common Stock |
|||||||||||||||||||
(Cost
$3,095,780,613) |
3,941,279,061 | 98.3 |
Shares |
|
|
|
Value |
|
Percentage of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
RIGHTS: 0.0% |
|||||||||||||||||||
Germany: 0.0% |
|||||||||||||||||||
518,844 |
Other Securities(a) |
$ | 609,460 | 0.0 | |||||||||||||||
Total
Rights |
|||||||||||||||||||
(Cost
$) |
609,460 | 0.0 | |||||||||||||||||
Total
Long-Term Investments |
|||||||||||||||||||
(Cost
$3,095,780,613) |
3,941,888,521 | 98.3 | |||||||||||||||||
Principal Amount |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
SHORT-TERM INVESTMENTS: 2.0% |
|||||||||||||||||||
Securities Lending Collateralcc(1): 0.6% |
|||||||||||||||||||
1,230,992 |
Barclays Bank PLC, Repurchase Agreement dated 04/30/12, 0.18%, due 05/01/12 (Repurchase Amount
$1,230,998, collateralized by various U.S. Government Securities, 0.000%, Market Value plus accrued interest $1,255,612, due
05/15/1402/15/42) |
1,230,992 | 0.0 | ||||||||||||||||
5,847,206 |
BNP Paribas Bank, Repurchase Agreement dated 04/30/12, 0.21%, due 05/01/12 (Repurchase Amount $5,847,240,
collateralized by various U.S. Government and U.S. Government Agency Obligations, 0.000%4.625%, Market Value plus accrued interest $5,964,154,
due 05/08/1204/30/17) |
5,847,206 | 0.1 | ||||||||||||||||
5,847,206 |
Credit Suisse Securities, Repurchase Agreement dated 04/30/12, 0.18%, due 05/01/12 (Repurchase Amount
$5,847,235, collateralized by various U.S. Government Securities, 0.625%2.375%, Market Value plus accrued interest $5,964,170, due
04/30/1302/15/41) |
5,847,206 | 0.1 | ||||||||||||||||
5,847,206 |
Deutsche Bank AG, Repurchase Agreement dated 04/30/12, 0.22%, due 05/01/12 (Repurchase Amount $5,847,241,
collateralized by various U.S. Government Agency Obligations, 2.491%7.000%, Market Value plus accrued interest $5,964,153, due
08/01/2504/01/42) |
5,847,206 | 0.2 | ||||||||||||||||
SHORT-TERM INVESTMENTS: (continued) |
|||||||||||||||||||
Securities Lending Collateralcc(1): (continued) |
|||||||||||||||||||
5,847,206 |
Goldman Sachs & Co., Repurchase Agreement dated 04/30/12, 0.20%, due 05/01/12 (Repurchase Amount
$5,847,238, collateralized by various U.S. Government Agency Obligations, 3.500%5.500%, Market Value plus accrued interest $5,964,150, due
02/01/1807/15/41) |
$ | 5,847,206 | 0.2 | |||||||||||||||
24,619,816 | 0.6 | ||||||||||||||||||
Shares |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
Mutual Funds: 1.4% |
|||||||||||||||||||
54,060,765 |
BlackRock Liquidity Funds, TempFund, Institutional Class (Cost $54,060,765) |
54,060,765 | 1.4 | ||||||||||||||||
Total
Short-Term Investments |
|||||||||||||||||||
(Cost
$78,680,581) |
78,680,581 | 2.0 | |||||||||||||||||
Total Investments in Securities (Cost $3,174,461,194) |
$ | 4,020,569,102 | 100.3 | ||||||||||||||||
Liabilities in Excess of Other Assets |
(10,920,669 | ) | (0.3 | ) | |||||||||||||||
Net Assets |
$ | 4,009,648,433 | 100.0 |
|
Unless otherwise indicated, principal amount is shown in USD. |
@ |
Non-income producing security |
cc |
Securities purchased with cash collateral for securities loaned. |
L |
Loaned security, a portion or all of the security is on loan at April 30, 2012. |
(1) |
Collateral received from brokers for securities lending was invested into these short-term investments. |
(a) |
This grouping contains securities on loan. |
Cost for federal income tax purposes is $3,378,819,152. |
Net unrealized
appreciation consists of: |
||||||
Gross
Unrealized Appreciation |
$ | 813,830,055 | ||||
Gross
Unrealized Depreciation |
(172,080,105 | ) | ||||
Net
Unrealized Appreciation |
$ | 641,749,950 |
Sector Diversification |
Percentage of Net Assets |
|||||
---|---|---|---|---|---|---|
Consumer
Discretionary |
1.3 | % | ||||
Financials |
97.0 | |||||
Short-Term
Investments |
2.0 | |||||
Liabilities in
Excess of Other Assets |
(0.3 | ) | ||||
Net
Assets |
100.0 | % |
Quoted Prices in Active Markets for Identical Investments (Level 1) |
Significant Other Observable Inputs # (Level 2) |
Significant Unobservable Inputs (Level 3) |
Fair Value at 4/30/2012 |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset
Table |
||||||||||||||||||
Investments,
at value |
||||||||||||||||||
Common
Stock |
||||||||||||||||||
Australia |
$ | | $ | 314,677,554 | $ | | $ | 314,677,554 | ||||||||||
Brazil |
8,153,440 | | | 8,153,440 | ||||||||||||||
Canada |
101,675,350 | | | 101,675,350 | ||||||||||||||
China |
| 91,347,856 | | 91,347,856 | ||||||||||||||
France |
12,243,023 | 163,181,795 | | 175,424,818 | ||||||||||||||
Germany |
| 17,267,727 | | 17,267,727 | ||||||||||||||
Hong
Kong |
| 398,863,525 | | 398,863,525 | ||||||||||||||
Japan |
| 514,576,047 | | 514,576,047 | ||||||||||||||
Netherlands |
| 29,705,889 | | 29,705,889 | ||||||||||||||
Singapore |
| 191,082,423 | | 191,082,423 | ||||||||||||||
Sweden |
| 21,023,509 | | 21,023,509 | ||||||||||||||
United
Kingdom |
| 183,426,801 | | 183,426,801 | ||||||||||||||
United
States |
1,894,054,122 | | | 1,894,054,122 | ||||||||||||||
Total Common
Stock |
2,016,125,935 | 1,925,153,126 | | 3,941,279,061 | ||||||||||||||
Rights |
| 609,460 | | 609,460 | ||||||||||||||
Short-Term
Investments |
54,060,765 | 24,619,816 | | 78,680,581 | ||||||||||||||
Total
Investments, at value |
$ | 2,070,186,700 | $ | 1,950,382,402 | $ | | $ | 4,020,569,102 |
ˆ |
See Note 2, Significant Accounting Policies in the Notes to Financial Statements for additional information. |
# |
The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Fund may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Funds investments are categorized as Level 2 investments. |
Shares |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 98.0% |
|||||||||||||||||||
Australia: 1.9% |
|||||||||||||||||||
215,733 |
Newcrest Mining Ltd. |
$ | 5,878,735 | 1.9 | |||||||||||||||
Brazil: 2.8% |
|||||||||||||||||||
537,190 |
Centrais Eletricas Brasileiras SA ADR |
6,419,420 | 2.1 | ||||||||||||||||
423,500 |
Other Securities |
1,902,056 | 0.7 | ||||||||||||||||
8,321,476 | 2.8 | ||||||||||||||||||
Canada: 13.3% |
|||||||||||||||||||
742,000 |
@ |
Bankers Petroleum Ltd. |
2,568,851 | 0.8 | |||||||||||||||
282,668 |
Barrick Gold Corp. |
11,428,267 | 3.8 | ||||||||||||||||
485,837 |
L |
Cameco Corp. |
10,736,998 | 3.6 | |||||||||||||||
541,503 |
@ |
Uranium Participation Corp. |
3,020,379 | 1.0 | |||||||||||||||
6,835,721 |
Other Securities(a) |
12,318,486 | 4.1 | ||||||||||||||||
40,072,981 | 13.3 | ||||||||||||||||||
China: 0.0% |
|||||||||||||||||||
12,100,000 |
Other Securities |
70,278 | 0.0 | ||||||||||||||||
Egypt: 1.9% |
|||||||||||||||||||
1,054,342 |
Telecom Egypt |
2,262,076 | 0.8 | ||||||||||||||||
1,316,521 |
Other Securities |
3,429,931 | 1.1 | ||||||||||||||||
5,692,007 | 1.9 | ||||||||||||||||||
Finland: 0.8% |
|||||||||||||||||||
691,297 |
Nokia OYJ ADR |
2,523,234 | 0.8 | ||||||||||||||||
France: 7.9% |
|||||||||||||||||||
650,000 |
Electricite de France SA |
13,770,843 | 4.6 | ||||||||||||||||
187,152 |
Thales S.A. |
6,488,214 | 2.2 | ||||||||||||||||
189,835 |
Other Securities(a) |
3,455,044 | 1.1 | ||||||||||||||||
23,714,101 | 7.9 | ||||||||||||||||||
Greece: 0.5% |
|||||||||||||||||||
171,616 |
Other Securities |
1,533,717 | 0.5 | ||||||||||||||||
Hong Kong: 0.7% |
|||||||||||||||||||
1,781,000 |
Other Securities(a) |
2,013,417 | 0.7 | ||||||||||||||||
Hungary: 0.5% |
|||||||||||||||||||
24,316 |
Other Securities |
1,623,473 | 0.5 | ||||||||||||||||
India: 0.3% |
|||||||||||||||||||
276,205 |
Other Securities |
981,687 | 0.3 | ||||||||||||||||
Indonesia: 1.6% |
|||||||||||||||||||
89,200 |
Telekomunikasi Indonesia Tbk PT ADR |
3,229,932 | 1.1 | ||||||||||||||||
6,840,000 |
Other Securities |
1,557,755 | 0.5 | ||||||||||||||||
4,787,687 | 1.6 | ||||||||||||||||||
Italy: 3.6% |
|||||||||||||||||||
833,583 |
ERG S.p.A. |
6,281,960 | 2.1 | ||||||||||||||||
3,160,000 |
@ |
Telecom Italia S.p.A. RNC |
2,959,740 | 1.0 | |||||||||||||||
372,500 |
Other Securities(a) |
1,602,368 | 0.5 | ||||||||||||||||
10,844,068 | 3.6 | ||||||||||||||||||
COMMON STOCK: (continued) |
|||||||||||||||||||
Japan: 15.3% |
|||||||||||||||||||
1,295,550 |
Chuo Mitsui Trust Holdings, Inc. |
$ | 3,795,368 | 1.2 | |||||||||||||||
766,000 |
Daiwa Securities Group, Inc. |
2,894,722 | 1.0 | ||||||||||||||||
100,900 |
East Japan Railway Co. |
6,277,711 | 2.1 | ||||||||||||||||
158,000 |
Futaba Corp. |
2,461,837 | 0.8 | ||||||||||||||||
681,000 |
Japan Steel Works Ltd. |
4,142,291 | 1.4 | ||||||||||||||||
276,000 |
Kamigumi Co., Ltd. |
2,218,209 | 0.7 | ||||||||||||||||
187,500 |
Mitsui & Co., Ltd. |
2,927,925 | 1.0 | ||||||||||||||||
166,500 |
Mitsui Sumitomo Insurance Group Holdings, Inc. |
3,069,615 | 1.0 | ||||||||||||||||
153,200 |
Nippon Telegraph & Telephone Corp. |
6,931,635 | 2.3 | ||||||||||||||||
1,590 |
TV Asahi Corp. |
2,374,843 | 0.8 | ||||||||||||||||
903,700 |
Other Securities |
8,958,183 | 3.0 | ||||||||||||||||
46,052,339 | 15.3 | ||||||||||||||||||
Lebanon: 0.5% |
|||||||||||||||||||
106,939 |
# |
Solidere GDR |
1,403,040 | 0.5 | |||||||||||||||
Norway: 1.0% |
|||||||||||||||||||
5,964,105 |
Marine Harvest |
3,060,972 | 1.0 | ||||||||||||||||
Russia: 4.9% |
|||||||||||||||||||
558,200 |
Gazprom OAO ADR |
6,441,628 | 2.2 | ||||||||||||||||
2,092,000 |
Federal Hydrogenerating Co. JSC ADR |
7,278,827 | 2.4 | ||||||||||||||||
27,429,700 |
Other Securities |
987,082 | 0.3 | ||||||||||||||||
14,707,537 | 4.9 | ||||||||||||||||||
Slovenia: 0.5% |
|||||||||||||||||||
22,274 |
Other Securities |
1,402,996 | 0.5 | ||||||||||||||||
South Africa: 2.7% |
|||||||||||||||||||
133,600 |
AngloGold Ashanti Ltd ADR |
4,593,168 | 1.5 | ||||||||||||||||
144,750 |
Impala Platinum Holdings Ltd. |
2,825,687 | 1.0 | ||||||||||||||||
3,250,000 |
Other Securities |
706,581 | 0.2 | ||||||||||||||||
8,125,436 | 2.7 | ||||||||||||||||||
South Korea: 4.1% |
|||||||||||||||||||
330,028 |
Korea Electric Power Corp. ADR |
3,135,266 | 1.0 | ||||||||||||||||
363,987 |
KT Corp. ADR |
4,677,233 | 1.5 | ||||||||||||||||
348,000 |
SK Telecom Co., Ltd. ADR |
4,704,960 | 1.6 | ||||||||||||||||
12,517,459 | 4.1 | ||||||||||||||||||
Switzerland: 1.5% |
|||||||||||||||||||
91,744 |
Actelion Ltd. Reg |
3,885,170 | 1.3 | ||||||||||||||||
11,250 |
Other Securities |
621,183 | 0.2 | ||||||||||||||||
4,506,353 | 1.5 | ||||||||||||||||||
Turkey: 2.1% |
|||||||||||||||||||
511,507 |
@ |
Turkcell Iletisim Hizmet AS ADR |
6,322,227 | 2.1 |
Shares |
|
|
|
Value |
|
Percentage of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: (continued) |
|||||||||||||||||||
United Kingdom: 3.8% |
|||||||||||||||||||
2,170,128 |
@ |
Polyus Gold International Ltd. GDR |
$ | 6,727,397 | 2.2 | ||||||||||||||
262,800 |
Stolt-Nielsen Ltd. |
4,699,003 | 1.6 | ||||||||||||||||
11,426,400 | 3.8 | ||||||||||||||||||
United States: 25.8% |
|||||||||||||||||||
70,068 |
Alliant Techsystems, Inc. |
3,734,624 | 1.2 | ||||||||||||||||
133,000 |
@ |
American International Group, Inc. |
4,525,990 | 1.5 | |||||||||||||||
529,869 |
Arch Coal, Inc. |
5,171,521 | 1.7 | ||||||||||||||||
350,274 |
L |
Best Buy Co., Inc. |
7,730,547 | 2.6 | |||||||||||||||
313,426 |
Chesapeake Energy Corp. |
5,779,575 | 1.9 | ||||||||||||||||
151,250 |
Computer Sciences Corp. |
4,244,075 | 1.4 | ||||||||||||||||
81,000 |
Eli Lilly & Co. |
3,352,590 | 1.1 | ||||||||||||||||
90,676 |
Exelon Corp. |
3,537,271 | 1.2 | ||||||||||||||||
123,605 |
@ |
Ingram Micro, Inc. |
2,405,353 | 0.8 | |||||||||||||||
137,487 |
Kroger Co. |
3,199,323 | 1.1 | ||||||||||||||||
97,487 |
Microsoft Corp. |
3,121,534 | 1.0 | ||||||||||||||||
255,200 |
Newmont Mining Corp. |
12,160,280 | 4.0 | ||||||||||||||||
313,002 |
Old Republic International Corp. |
3,114,370 | 1.0 | ||||||||||||||||
725,786 |
Southwest Airlines Co. |
6,009,508 | 2.0 | ||||||||||||||||
142,975 |
@ |
Western Digital Corp. |
5,548,860 | 1.9 | |||||||||||||||
123,436 |
Other Securities |
4,103,610 | 1.4 | ||||||||||||||||
77,739,031 | 25.8 | ||||||||||||||||||
Total
Common Stock |
|||||||||||||||||||
(Cost
$334,100,198) |
295,320,651 | 98.0 | |||||||||||||||||
PREFERRED STOCK: 0.5% |
|||||||||||||||||||
South Korea: 0.5% |
|||||||||||||||||||
74,600 |
Other Securities |
1,332,028 | 0.5 | ||||||||||||||||
Total
Preferred Stock |
|||||||||||||||||||
(Cost
$2,419,000) |
1,332,028 | 0.5 | |||||||||||||||||
RIGHTS: 0.0% |
|||||||||||||||||||
Hong Kong: 0.0% |
|||||||||||||||||||
404,500 |
Other Securities |
47,964 | 0.0 | ||||||||||||||||
Total
Rights |
|||||||||||||||||||
(Cost
$) |
47,964 | 0.0 | |||||||||||||||||
Total
Long-Term Investments |
|||||||||||||||||||
(Cost
$336,519,198) |
296,700,643 | 98.5 | |||||||||||||||||
Principal Amount |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
SHORT-TERM INVESTMENTS: 3.0% |
|||||||||||||||||||
Securities Lending Collateralcc(1): 2.4% |
|||||||||||||||||||
1,742,300 |
BNP Paribas Bank, Repurchase Agreement dated 04/30/12, 0.21%, due 05/01/12 (Repurchase Amount $1,742,310,
collateralized by various U.S. Government and U.S. Government Agency Obligations, 0.000%4.625%, Market Value plus accrued interest $1,777,147,
due 05/08/1204/30/17) |
$ | 1,742,300 | 0.6 | |||||||||||||||
366,800 |
Credit Suisse Securities, Repurchase Agreement dated 04/30/12, 0.18%, due 05/01/12 (Repurchase Amount
$366,802, collateralized by various U.S. Government Securities, 0.625%2.375%, Market Value plus accrued interest $374,137, due
04/30/1302/15/41) |
366,800 | 0.1 | ||||||||||||||||
1,742,300 |
Deutsche Bank AG, Repurchase Agreement dated 04/30/12, 0.22%, due 05/01/12 (Repurchase Amount $1,742,311,
collateralized by various U.S. Government Agency Obligations, 2.491%7.000%, Market Value plus accrued interest $1,777,147, due
08/01/2504/01/42) |
1,742,300 | 0.6 | ||||||||||||||||
1,742,300 |
JPMorgan Chase & Co., Repurchase Agreement dated 04/30/12, 0.21%, due 05/01/12 (Repurchase Amount
$1,742,310, collateralized by various U.S. Government Agency Obligations, 1.988%6.297%, Market Value plus accrued interest $1,777,149, due
05/01/1711/01/41) |
1,742,300 | 0.6 | ||||||||||||||||
1,742,300 |
Royal Bank of Canada, Repurchase Agreement dated 04/30/12, 0.20%, due 05/01/12 (Repurchase Amount
$1,742,310, collateralized by various U.S. Government Agency Obligations, 0.000%5.000%, Market Value plus accrued interest $1,777,146, due
07/30/1203/01/42) |
1,742,300 | 0.5 | ||||||||||||||||
7,336,000 | 2.4 |
Shares |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHORT-TERM INVESTMENTS: (continued) |
|||||||||||||||||||
Mutual Funds: 0.6% |
|||||||||||||||||||
1,765,221 |
BlackRock Liquidity Funds, TempFund, Institutional Class (Cost $1,765,221) |
$ | 1,765,221 | 0.6 | |||||||||||||||
Total
Short-Term Investments |
|||||||||||||||||||
(Cost
$9,101,221) |
9,101,221 | 3.0 | |||||||||||||||||
Total Investments in Securities (Cost $345,620,419) |
$ | 305,801,864 | 101.5 | ||||||||||||||||
Liabilities in Excess of Other Assets |
(4,463,304 | ) | (1.5 | ) | |||||||||||||||
Net Assets |
$ | 301,338,560 | 100.0 |
|
Unless otherwise indicated, principal amount is shown in USD. |
# |
Securities with purchases pursuant to Rule 144A or section 4(2), under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers. |
@ |
Non-income producing security |
ADR |
American Depositary Receipt |
GDR |
Global Depositary Receipt |
cc |
Securities purchased with cash collateral for securities loaned. |
L |
Loaned security, a portion or all of the security is on loan at April 30, 2012. |
(1) |
Collateral received from brokers for securities lending was invested into these short-term investments. |
(a) |
This grouping contains securities on loan. |
Cost for federal income tax purposes is $350,718,550. |
Net unrealized
depreciation consists of: |
||||||
Gross
Unrealized Appreciation |
$ | 15,906,251 | ||||
Gross
Unrealized Depreciation |
(60,822,937 | ) | ||||
Net
Unrealized Depreciation |
$ | (44,916,686 | ) |
Sector Diversification |
Percentage of Net Assets |
|||||
---|---|---|---|---|---|---|
Consumer
Discretionary |
5.2 | % | ||||
Consumer
Staples |
3.2 | |||||
Energy |
15.4 | |||||
Financials |
8.3 | |||||
Health
Care |
4.2 | |||||
Industrials |
16.0 | |||||
Information
Technology |
6.8 | |||||
Materials |
17.1 | |||||
Telecommunications |
10.7 | |||||
Utilities |
11.6 | |||||
Short-Term
Investments |
3.0 | |||||
Liabilities in
Excess of Other Assets |
(1.5 | ) | ||||
Net
Assets |
100.0 | % |
Quoted Prices in Active Markets for Identical Investments (Level 1) |
Significant Other Observable Inputs # (Level 2) |
Significant Unobservable Inputs (Level 3) |
Fair Value at 4/30/2012 |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset
Table |
||||||||||||||||||
Investments,
at value |
||||||||||||||||||
Common
Stock |
||||||||||||||||||
Australia |
$ | | $ | 5,878,735 | $ | | $ | 5,878,735 | ||||||||||
Brazil |
8,321,476 | | | 8,321,476 | ||||||||||||||
Canada |
40,072,981 | | | 40,072,981 | ||||||||||||||
China |
| | 70,278 | 70,278 | ||||||||||||||
Egypt |
3,915,858 | 1,776,149 | | 5,692,007 | ||||||||||||||
Finland |
2,523,234 | | | 2,523,234 | ||||||||||||||
France |
1,846,609 | 21,867,492 | | 23,714,101 | ||||||||||||||
Greece |
| 1,533,717 | | 1,533,717 | ||||||||||||||
Hong
Kong |
| 2,013,417 | | 2,013,417 | ||||||||||||||
Hungary |
| 1,623,473 | | 1,623,473 | ||||||||||||||
India |
| 981,687 | | 981,687 | ||||||||||||||
Indonesia |
3,229,932 | 1,557,755 | | 4,787,687 | ||||||||||||||
Italy |
| 10,844,068 | | 10,844,068 | ||||||||||||||
Japan |
| 46,052,339 | | 46,052,339 | ||||||||||||||
Lebanon |
1,403,040 | | | 1,403,040 | ||||||||||||||
Norway |
| 3,060,972 | | 3,060,972 | ||||||||||||||
Russia |
7,428,710 | 7,278,827 | | 14,707,537 | ||||||||||||||
Slovenia |
| 1,402,996 | | 1,402,996 | ||||||||||||||
South
Africa |
5,299,749 | 2,825,687 | | 8,125,436 |
Quoted Prices in Active Markets for Identical Investments (Level 1) |
Significant Other Observable Inputs # (Level 2) |
Significant Unobservable Inputs (Level 3) |
Fair Value at 4/30/2012 | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
South
Korea |
$ | 12,517,459 | $ | | $ | | $ | 12,517,459 | ||||||||||
Switzerland |
| 4,506,353 | | 4,506,353 | ||||||||||||||
Turkey |
6,322,227 | | | 6,322,227 | ||||||||||||||
United
Kingdom |
6,727,397 | 4,699,003 | | 11,426,400 | ||||||||||||||
United
States |
77,739,031 | | | 77,739,031 | ||||||||||||||
Total Common
Stock |
177,347,703 | 117,902,670 | 70,278 | 295,320,651 | ||||||||||||||
Preferred
Stock |
| 1,332,028 | | 1,332,028 | ||||||||||||||
Rights |
| 47,964 | | 47,964 | ||||||||||||||
Short-Term
Investments |
1,765,221 | 7,336,000 | | 9,101,221 | ||||||||||||||
Total
Investments, at value |
$ | 179,112,924 | $ | 126,618,662 | $ | 70,278 | $ | 305,801,864 |
ˆ |
See Note 2, Significant Accounting Policies in the Notes to Financial Statements for additional information. |
# |
The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Fund may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Funds investments are categorized as Level 2 investments. |
Asset Table |
Beginning Balance on 10/31/2011 |
Purchases |
Sales |
Accrued Discounts/ (Premiums) |
Total Realized Gain (Loss) |
Total Unrealized Appreciation (Depreciation) |
Transfers into Level 3 |
Transfers Out of Level 3 |
Ending Balance on 4/30/2012 |
|||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Investments,
at value |
||||||||||||||||||||||||||||||||||||||
Common
Stock |
$ | 554,471 | $ | | $ | | $ | | $ | | $ | (484,193 | ) | $ | | $ | | $ | 70,278 | |||||||||||||||||||
Total
Investments, at value |
$ | 554,471 | $ | | $ | | $ | | $ | | $ | (484,193 | ) | $ | | $ | | $ | 70,278 |
Shares |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 99.7% |
|||||||||||||||||||
China: 45.7% |
|||||||||||||||||||
208,000 |
Agile Property Holdings Ltd. |
$ | 270,627 | 0.9 | |||||||||||||||
96,000 |
@ |
Anhui Conch Cement Co., Ltd. |
319,348 | 1.0 | |||||||||||||||
1,435,400 |
Bank of China Ltd. |
597,732 | 1.9 | ||||||||||||||||
290,000 |
@ |
China Coal Energy Co. Class H |
331,322 | 1.0 | |||||||||||||||
603,000 |
@ |
China Communications Construction Co., Ltd. |
600,830 | 1.9 | |||||||||||||||
932,000 |
China Communications Services Corp., Ltd. |
478,082 | 1.5 | ||||||||||||||||
1,200,960 |
China Construction Bank |
931,998 | 2.9 | ||||||||||||||||
165,000 |
@ |
China Life Insurance Co., Ltd. |
439,320 | 1.4 | |||||||||||||||
438,000 |
China Minsheng Banking Corp. Ltd |
453,237 | 1.4 | ||||||||||||||||
144,000 |
China Mobile Ltd. |
1,593,147 | 5.0 | ||||||||||||||||
398,000 |
China Petroleum & Chemical Corp. |
422,720 | 1.3 | ||||||||||||||||
1,371,000 |
China Power International Development Ltd. |
309,625 | 1.0 | ||||||||||||||||
76,500 |
@ |
China Shenhua Energy Co., Ltd. |
337,828 | 1.1 | |||||||||||||||
134,000 |
#,@ |
CITIC Securities Co. Ltd. |
280,132 | 0.9 | |||||||||||||||
448,000 |
CNOOC Ltd. |
946,691 | 3.0 | ||||||||||||||||
756,000 |
Datang International Power Generation Co., Ltd. |
267,942 | 0.8 | ||||||||||||||||
72,000 |
#,@ |
Haitong Securities Co. Ltd. |
100,780 | 0.3 | |||||||||||||||
1,409,140 |
Industrial and Commercial Bank of China Ltd. |
936,281 | 2.9 | ||||||||||||||||
530,000 |
PetroChina Co., Ltd. |
790,599 | 2.5 | ||||||||||||||||
40,500 |
Ping An Insurance Group Co. of China Ltd. |
336,404 | 1.1 | ||||||||||||||||
25,900 |
Tencent Holdings Ltd. |
810,250 | 2.6 | ||||||||||||||||
5,392,088 |
Other Securities |
2,946,270 | 9.3 | ||||||||||||||||
14,501,165 | 45.7 | ||||||||||||||||||
Hong Kong: 25.6% |
|||||||||||||||||||
216,000 |
AIA Group Ltd. |
764,396 | 2.4 | ||||||||||||||||
56,000 |
Cheung Kong Holdings Ltd. |
740,603 | 2.3 | ||||||||||||||||
170,000 |
China Everbright Ltd. |
268,344 | 0.8 | ||||||||||||||||
307,000 |
Chow Sang Sang Holdings International Ltd. |
776,297 | 2.4 | ||||||||||||||||
194,000 |
Cnpc Hong Kong Ltd. |
340,453 | 1.1 | ||||||||||||||||
323,280 |
Dah Sing Banking Group Ltd. |
334,094 | 1.1 | ||||||||||||||||
97,000 |
@ |
Galaxy Entertainment Group Ltd. |
302,391 | 1.0 | |||||||||||||||
412,000 |
@ |
HKT Trust / HKT Ltd. |
320,205 | 1.0 | |||||||||||||||
24,000 |
Hong Kong Exchanges and Clearing Ltd. |
381,672 | 1.2 | ||||||||||||||||
49,000 |
Hutchison Whampoa Ltd. |
469,422 | 1.5 | ||||||||||||||||
COMMON STOCK: (continued) |
|||||||||||||||||||
Hong Kong: (continued) |
|||||||||||||||||||
62,500 |
Kerry Properties Ltd. |
$ | 283,589 | 0.9 | |||||||||||||||
150,000 |
Li & Fung Ltd. |
319,867 | 1.0 | ||||||||||||||||
79,500 |
MTR Corp. |
281,957 | 0.9 | ||||||||||||||||
194,000 |
Sino Land Co. |
332,778 | 1.0 | ||||||||||||||||
31,000 |
Sun Hung Kai Properties Ltd. |
371,315 | 1.2 | ||||||||||||||||
34,000 |
Television Broadcasts Ltd. |
249,084 | 0.8 | ||||||||||||||||
100,500 |
Wharf Holdings Ltd. |
596,002 | 1.9 | ||||||||||||||||
2,245,400 |
Other Securities |
981,248 | 3.1 | ||||||||||||||||
8,113,717 | 25.6 | ||||||||||||||||||
Taiwan: 28.4% |
|||||||||||||||||||
363,522 |
China Life Insurance Co., Ltd. |
322,312 | 1.0 | ||||||||||||||||
295,000 |
Compal Electronics, Inc. |
337,727 | 1.1 | ||||||||||||||||
720,745 |
E.Sun Financial Holding Co., Ltd. |
380,480 | 1.2 | ||||||||||||||||
459,000 |
Eva Airways Corp. |
274,351 | 0.9 | ||||||||||||||||
234,110 |
Far Eastern New Century Corp. |
262,836 | 0.8 | ||||||||||||||||
358,000 |
Fubon Financial Holding Co., Ltd. |
370,377 | 1.2 | ||||||||||||||||
326,256 |
Hon Hai Precision Industry Co., Ltd. |
1,025,806 | 3.2 | ||||||||||||||||
25,492 |
HTC Corp. |
382,642 | 1.2 | ||||||||||||||||
482,000 |
Mega Financial Holdings Co., Ltd. |
378,958 | 1.2 | ||||||||||||||||
117,000 |
Taiwan Fertilizer Co., Ltd. |
278,396 | 0.9 | ||||||||||||||||
616,000 |
Taiwan Semiconductor Manufacturing Co., Ltd. |
1,820,672 | 5.7 | ||||||||||||||||
743,000 |
United Microelectronics Corp. |
388,643 | 1.2 | ||||||||||||||||
598,159 |
Yuanta Financial Holding Co., Ltd. |
284,937 | 0.9 | ||||||||||||||||
2,156,042 |
Other Securities |
2,486,502 | 7.9 | ||||||||||||||||
8,994,639 | 28.4 | ||||||||||||||||||
Total Common Stock |
|||||||||||||||||||
(Cost $27,485,362) |
31,609,521 | 99.7 | |||||||||||||||||
Assets in Excess of Other Liabilities |
88,642 | 0.3 | |||||||||||||||||
Net Assets |
$ | 31,698,163 | 100.0 |
# |
Securities with purchases pursuant to Rule 144A or section 4(2), under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers. |
@ |
Non-income producing security |
Cost for federal income tax purposes is $28,537,844. |
Net unrealized
appreciation consists of: |
||||||
Gross
Unrealized Appreciation |
$ | 5,461,718 | ||||
Gross
Unrealized Depreciation |
(2,390,041 | ) | ||||
Net
Unrealized Appreciation |
$ | 3,071,677 |
Sector Diversification |
Percentage of Net Assets |
|||||
---|---|---|---|---|---|---|
Consumer
Discretionary |
6.9 | % | ||||
Consumer
Staples |
1.5 | |||||
Energy |
11.2 | |||||
Financials |
36.5 | |||||
Industrials |
9.0 | |||||
Information
Technology |
19.5 | |||||
Materials |
4.4 | |||||
Telecommunications |
8.3 | |||||
Utilities |
2.4 | |||||
Assets in
Excess of Other Liabilities |
0.3 | |||||
Net
Assets |
100.0 | % |
Quoted Prices in Active Markets for Identical Investments (Level 1) |
Significant Other Observable Inputs # (Level 2) |
Significant Unobservable Inputs (Level 3) |
Fair Value at 4/30/2012 |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset
Table |
||||||||||||||||||
Investments,
at value |
||||||||||||||||||
Common
Stock |
||||||||||||||||||
China |
$ | 274,494 | $ | 13,983,819 | $ | 242,852 | $ | 14,501,165 | ||||||||||
Hong
Kong |
320,205 | 7,793,512 | | 8,113,717 | ||||||||||||||
Taiwan |
| 8,994,639 | | 8,994,639 | ||||||||||||||
Total Common
Stock |
594,699 | 30,771,970 | 242,852 | 31,609,521 | ||||||||||||||
Total
Investments, at value |
$ | 594,699 | $ | 30,771,970 | $ | 242,852 | $ | 31,609,521 |
ˆ |
See Note 2, Significant Accounting Policies in the Notes to Financial Statements for additional information. |
# |
The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Fund may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Funds investments are categorized as Level 2 investments. |
Asset Table |
Beginning Balance on 10/31/2011 |
Purchases |
Sales |
Accrued Discounts/ (Premiums) |
Total Realized Gain (Loss) |
Total Unrealized Appreciation (Depreciation) |
Transfers into Level 3 |
Transfers Out of Level 3 |
Ending Balance on 4/30/2012 |
|||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Investments,
at value |
||||||||||||||||||||||||||||||||||||||
Common
Stock |
$ | 83,824 | $ | | $ | | $ | | $ | | $ | 110 | $ | 158,918 | $ | | $ | 242,852 | ||||||||||||||||||||
Total
Investments, at value |
$ | 83,824 | $ | | $ | | $ | | $ | | $ | 110 | $ | 158,918 | $ | | $ | 242,852 |
Shares |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 98.1% |
|||||||||||||||||||
Australia: 8.6% |
|||||||||||||||||||
23,124 |
BHP Billiton Ltd. |
$ | 858,067 | 1.0 | |||||||||||||||
19,971 |
Commonwealth Bank of Australia |
1,077,294 | 1.2 | ||||||||||||||||
25,740 |
Iluka Resources Ltd. |
449,637 | 0.5 | ||||||||||||||||
20,309 |
National Australia Bank Ltd. |
530,863 | 0.6 | ||||||||||||||||
24,463 |
Westpac Banking Corp. |
576,500 | 0.7 | ||||||||||||||||
539,000 |
Other Securities |
3,991,576 | 4.6 | ||||||||||||||||
7,483,937 | 8.6 | ||||||||||||||||||
Austria: 0.4% |
|||||||||||||||||||
24,947 |
Other Securities |
369,433 | 0.4 | ||||||||||||||||
Belgium: 0.9% |
|||||||||||||||||||
5,643 |
Groupe Bruxelles Lambert S.A. |
391,629 | 0.5 | ||||||||||||||||
22,465 |
Other Securities |
359,185 | 0.4 | ||||||||||||||||
750,814 | 0.9 | ||||||||||||||||||
China: 0.2% |
|||||||||||||||||||
104,000 |
Other Securities |
206,258 | 0.2 | ||||||||||||||||
Denmark: 0.5% |
|||||||||||||||||||
10,304 |
Other Securities |
430,075 | 0.5 | ||||||||||||||||
Finland: 1.6% |
|||||||||||||||||||
12,682 |
Metso OYJ |
544,725 | 0.6 | ||||||||||||||||
19,045 |
Orion Oyj |
388,493 | 0.5 | ||||||||||||||||
9,049 |
Other Securities |
451,678 | 0.5 | ||||||||||||||||
1,384,896 | 1.6 | ||||||||||||||||||
France: 7.4% |
|||||||||||||||||||
6,022 |
Sanofi-Aventis |
459,970 | 0.5 | ||||||||||||||||
18,067 |
Societe Generale |
427,722 | 0.5 | ||||||||||||||||
19,485 |
Total S.A. |
935,349 | 1.1 | ||||||||||||||||
215,232 |
Other Securities |
4,634,784 | 5.3 | ||||||||||||||||
6,457,825 | 7.4 | ||||||||||||||||||
Germany: 7.1% |
|||||||||||||||||||
11,057 |
BASF AG |
910,355 | 1.1 | ||||||||||||||||
4,449 |
Bayerische Motoren Werke AG |
423,153 | 0.5 | ||||||||||||||||
30,915 |
Deutsche Post AG |
577,303 | 0.7 | ||||||||||||||||
742 |
Volkswagen AG |
126,752 | 0.1 | ||||||||||||||||
92,352 |
Other Securities |
4,110,776 | 4.7 | ||||||||||||||||
6,148,339 | 7.1 | ||||||||||||||||||
Greece: 0.1% |
|||||||||||||||||||
12,072 |
Other Securities |
92,650 | 0.1 | ||||||||||||||||
Hong Kong: 2.4% |
|||||||||||||||||||
803,203 |
Other Securities |
2,101,339 | 2.4 | ||||||||||||||||
India: 0.0% |
|||||||||||||||||||
1,440 |
Other Securities |
28,541 | 0.0 | ||||||||||||||||
COMMON STOCK: (continued) |
|||||||||||||||||||
Israel: 0.6% |
|||||||||||||||||||
17,878 |
Other Securities |
$ | 480,813 | 0.6 | |||||||||||||||
Italy: 2.7% |
|||||||||||||||||||
139,692 |
Enel S.p.A. |
458,105 | 0.5 | ||||||||||||||||
42,795 |
ENI S.p.A. |
950,895 | 1.1 | ||||||||||||||||
359,741 |
Other Securities |
966,676 | 1.1 | ||||||||||||||||
2,375,676 | 2.7 | ||||||||||||||||||
Japan: 22.6% |
|||||||||||||||||||
8,600 |
Canon, Inc. |
389,820 | 0.5 | ||||||||||||||||
141,000 |
Chuo Mitsui Trust Holdings, Inc. |
413,066 | 0.5 | ||||||||||||||||
46,400 |
Dainippon Sumitomo Pharma Co., Ltd. |
464,689 | 0.5 | ||||||||||||||||
3,700 |
Hirose Electric Co., Ltd. |
387,433 | 0.4 | ||||||||||||||||
99 |
Japan Tobacco, Inc. |
548,429 | 0.6 | ||||||||||||||||
1,700 |
Keyence Corp. |
401,242 | 0.5 | ||||||||||||||||
48,800 |
Sumitomo Corp. |
693,506 | 0.8 | ||||||||||||||||
16,090 |
Toyota Motor Corp. |
659,332 | 0.8 | ||||||||||||||||
7,180 |
Yamada Denki Co., Ltd. |
465,923 | 0.5 | ||||||||||||||||
1,749,602 |
Other Securities |
15,262,012 | 17.5 | ||||||||||||||||
19,685,452 | 22.6 | ||||||||||||||||||
Luxembourg: 0.9% |
|||||||||||||||||||
19,648 |
Tenaris S.A. |
382,450 | 0.5 | ||||||||||||||||
18,194 |
Other Securities |
346,181 | 0.4 | ||||||||||||||||
728,631 | 0.9 | ||||||||||||||||||
Macau: 0.2% |
|||||||||||||||||||
48,400 |
Other Securities |
189,500 | 0.2 | ||||||||||||||||
Mexico: 0.3% |
|||||||||||||||||||
11,035 |
Other Securities |
281,163 | 0.3 | ||||||||||||||||
Netherlands: 3.1% |
|||||||||||||||||||
17,631 |
Royal Dutch Shell PLC Class A |
628,827 | 0.7 | ||||||||||||||||
26,536 |
Royal Dutch Shell PLC Class B |
971,074 | 1.1 | ||||||||||||||||
11,543 |
Unilever NV |
395,397 | 0.5 | ||||||||||||||||
23,682 |
Other Securities |
721,734 | 0.8 | ||||||||||||||||
2,717,032 | 3.1 | ||||||||||||||||||
New Zealand: 0.1% |
|||||||||||||||||||
47,302 |
Other Securities |
101,697 | 0.1 | ||||||||||||||||
Norway: 0.9% |
|||||||||||||||||||
41,280 |
Other Securities |
737,572 | 0.9 | ||||||||||||||||
Portugal: 0.2% |
|||||||||||||||||||
41,735 |
Other Securities |
168,303 | 0.2 | ||||||||||||||||
Singapore: 1.8% |
|||||||||||||||||||
483,000 |
Other Securities |
1,566,909 | 1.8 |
Shares |
|
|
|
Value |
|
Percentage of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: (continued) |
|||||||||||||||||||
Spain: 4.5% |
|||||||||||||||||||
124,146 |
Banco Santander Central Hispano S.A. |
$ | 779,464 | 0.9 | |||||||||||||||
432,964 |
Other Securities |
3,104,384 | 3.6 | ||||||||||||||||
3,883,848 | 4.5 | ||||||||||||||||||
Sweden: 3.5% |
|||||||||||||||||||
189,083 |
Other Securities |
3,055,086 | 3.5 | ||||||||||||||||
Switzerland: 7.5% |
|||||||||||||||||||
30,638 |
Nestle S.A. |
1,877,781 | 2.2 | ||||||||||||||||
25,352 |
Novartis AG |
1,399,842 | 1.6 | ||||||||||||||||
4,301 |
Roche Holding AG Genusschein |
786,053 | 0.9 | ||||||||||||||||
509 |
# |
Synthes, Inc. |
87,786 | 0.1 | |||||||||||||||
2,672 |
@ |
Zurich Financial Services AG |
654,648 | 0.7 | |||||||||||||||
73,216 |
Other Securities |
1,704,994 | 2.0 | ||||||||||||||||
6,511,104 | 7.5 | ||||||||||||||||||
United Kingdom: 20.0% |
|||||||||||||||||||
27,754 |
Amec PLC |
512,532 | 0.6 | ||||||||||||||||
19,391 |
AstraZeneca PLC |
849,742 | 1.0 | ||||||||||||||||
18,106 |
BHP Billiton PLC |
582,867 | 0.7 | ||||||||||||||||
136,595 |
BP PLC |
986,778 | 1.1 | ||||||||||||||||
24,852 |
British American Tobacco PLC |
1,274,650 | 1.5 | ||||||||||||||||
184,207 |
BT Group PLC |
630,072 | 0.7 | ||||||||||||||||
32,448 |
Diageo PLC |
818,446 | 0.9 | ||||||||||||||||
26,916 |
GlaxoSmithKline PLC |
621,801 | 0.7 | ||||||||||||||||
130,982 |
HSBC Holdings PLC |
1,182,399 | 1.4 | ||||||||||||||||
20,299 |
Imperial Tobacco Group PLC |
811,767 | 0.9 | ||||||||||||||||
62,698 |
National Grid PLC |
677,048 | 0.8 | ||||||||||||||||
21,132 |
Pearson PLC |
398,039 | 0.5 | ||||||||||||||||
10,562 |
Reckitt Benckiser PLC |
614,851 | 0.7 | ||||||||||||||||
14,767 |
Shire PLC |
481,296 | 0.5 | ||||||||||||||||
345,727 |
Vodafone Group PLC |
956,960 | 1.1 | ||||||||||||||||
2,047,943 |
Other Securities |
5,978,996 | 6.9 | ||||||||||||||||
17,378,244 | 20.0 | ||||||||||||||||||
Total
Common Stock |
|||||||||||||||||||
(Cost
$75,922,280) |
85,315,137 | 98.1 | |||||||||||||||||
PREFERRED STOCK: 0.6% |
|||||||||||||||||||
Germany: 0.6% |
|||||||||||||||||||
2,632 |
Volkswagen AG |
498,916 | 0.6 | ||||||||||||||||
Total
Preferred Stock |
|||||||||||||||||||
(Cost
$422,259) |
498,916 | 0.6 | |||||||||||||||||
Total
Long-Term Investments |
|||||||||||||||||||
(Cost
$76,344,539) |
85,814,053 | 98.7 | |||||||||||||||||
SHORT-TERM INVESTMENTS: 2.7% |
|||||||||||||||||||
Mutual Funds: 2.7% |
|||||||||||||||||||
2,376,549 |
BlackRock Liquidity Funds, TempFund, Institutional Class (Cost $2,376,549) |
$ | 2,376,549 | 2.7 | |||||||||||||||
Total
Short-Term Investments |
|||||||||||||||||||
(Cost
$2,376,549) |
2,376,549 | 2.7 | |||||||||||||||||
Total Investments in Securities (Cost $78,721,088) |
$ | 88,190,602 | 101.4 | ||||||||||||||||
Liabilities in Excess of Other Assets |
(1,177,180 | ) | (1.4 | ) | |||||||||||||||
Net Assets |
$ | 87,013,422 | 100.0 |
# |
Securities with purchases pursuant to Rule 144A or section 4(2), under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers. |
@ |
Non-income producing security |
Cost for federal income tax purposes is $81,601,602. |
Net unrealized
appreciation consists of: |
||||||
Gross
Unrealized Appreciation |
$ | 11,914,140 | ||||
Gross
Unrealized Depreciation |
(5,325,140 | ) | ||||
Net
Unrealized Appreciation |
$ | 6,589,000 |
Sector Diversification |
Percentage of Net Assets |
|||||
---|---|---|---|---|---|---|
Consumer
Discretionary |
10.5 | % | ||||
Consumer
Staples |
11.3 | |||||
Energy |
8.5 | |||||
Financials |
22.6 | |||||
Health
Care |
9.3 | |||||
Industrials |
12.2 | |||||
Information
Technology |
4.8 | |||||
Materials |
10.2 | |||||
Telecommunications |
5.3 | |||||
Utilities |
4.0 | |||||
Short-Term
Investments |
2.7 | |||||
Liabilities in
Excess of Other Assets |
(1.4 | ) | ||||
Net
Assets |
100.0 | % |
Quoted Prices in Active Markets for Identical Investments (Level 1) |
Significant Other Observable Inputs # (Level 2) |
Significant Unobservable Inputs (Level 3) |
Fair Value at 4/30/2012 |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset
Table |
||||||||||||||||||
Investments,
at value |
||||||||||||||||||
Common
Stock |
||||||||||||||||||
Australia |
$ | | $ | 7,483,937 | $ | | $ | 7,483,937 | ||||||||||
Austria |
| 369,433 | | 369,433 | ||||||||||||||
Belgium |
71,157 | 679,657 | | 750,814 | ||||||||||||||
China |
| 206,258 | | 206,258 | ||||||||||||||
Denmark |
| 430,075 | | 430,075 | ||||||||||||||
Finland |
| 1,384,896 | | 1,384,896 | ||||||||||||||
France |
| 6,457,825 | | 6,457,825 | ||||||||||||||
Germany |
| 6,148,339 | | 6,148,339 | ||||||||||||||
Greece |
63,716 | 28,934 | | 92,650 | ||||||||||||||
Hong
Kong |
9,461 | 2,091,878 | | 2,101,339 | ||||||||||||||
India |
| 28,541 | | 28,541 | ||||||||||||||
Israel |
| 480,813 | | 480,813 | ||||||||||||||
Italy |
| 2,375,676 | | 2,375,676 | ||||||||||||||
Japan |
| 19,685,452 | | 19,685,452 | ||||||||||||||
Luxembourg |
| 728,631 | | 728,631 | ||||||||||||||
Macau |
| 189,500 | | 189,500 | ||||||||||||||
Mexico |
| 281,163 | | 281,163 | ||||||||||||||
Netherlands |
201,445 | 2,515,587 | | 2,717,032 | ||||||||||||||
New
Zealand |
| 101,697 | | 101,697 | ||||||||||||||
Norway |
| 737,572 | | 737,572 | ||||||||||||||
Portugal |
| 168,303 | | 168,303 | ||||||||||||||
Singapore |
| 1,566,909 | | 1,566,909 | ||||||||||||||
Spain |
54,173 | 3,829,675 | | 3,883,848 | ||||||||||||||
Sweden |
| 3,055,086 | | 3,055,086 | ||||||||||||||
Switzerland |
174,960 | 6,336,144 | | 6,511,104 | ||||||||||||||
United
Kingdom |
| 17,378,244 | | 17,378,244 | ||||||||||||||
Total Common
Stock |
574,912 | 84,740,225 | | 85,315,137 | ||||||||||||||
Preferred
Stock |
| 498,916 | | 498,916 | ||||||||||||||
Short-Term
Investments |
2,376,549 | | | 2,376,549 | ||||||||||||||
Total
Investments, at value |
$ | 2,951,461 | $ | 85,239,141 | $ | | $ | 88,190,602 | ||||||||||
Other
Financial Instruments+ |
||||||||||||||||||
Futures |
14,023 | | | 14,023 | ||||||||||||||
Total
Assets |
$ | 2,965,484 | $ | 85,239,141 | $ | | $ | 88,204,625 |
ˆ |
See Note 2, Significant Accounting Policies in the Notes to Financial Statements for additional information. |
+ |
Other Financial Instruments are derivatives not reflected in the Portfolio of Investments and may include open forward foreign currency contracts, equity forwards, futures, swaps, and written options. Forward foreign currency contracts, equity forwards and futures are valued at the unrealized gain (loss) on the instrument. Swaps and written options are valued at the fair value of the instrument. |
# |
The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Fund may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Funds investments are categorized as Level 2 investments. |
Contract Description |
Number of Contracts |
Expiration Date |
Notional Value |
Unrealized Appreciation/ (Depreciation) |
||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Long Contracts |
||||||||||||||||||
MSCI EAFE
Mini Index |
27 | 06/15/12 | $ | 2,033,910 | $ | 14,023 | ||||||||||||
$ | 2,033,910 | $ | 14,023 |
Derivatives not accounted for as hedging instruments |
Location on Statement of Assets and Liabilities |
Fair Value |
||||||||
---|---|---|---|---|---|---|---|---|---|---|
Asset
Derivatives |
||||||||||
Equity
contracts |
Net
Assets Unrealized appreciation* |
$ | 14,023 | |||||||
Total Asset
Derivatives |
$ | 14,023 |
* |
Includes cumulative appreciation/depreciation of futures contracts as reported in the table following the Summary Portfolio of Investments. |
Amount of Realized Gain or (Loss) on Derivatives
Recognized in Income |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Derivatives not accounted for as hedging instruments |
Foreign currency related transactions* |
Futures |
Total |
||||||||||||
Equity
contracts |
$ | | $ | 282,385 | $ | 282,385 | |||||||||
Foreign
exchange contracts |
(14,070 | ) | | (14,070 | ) | ||||||||||
Total |
$ | (14,070 | ) | $ | 282,385 | $ | 268,315 |
Change in Unrealized Appreciation or (Depreciation) on Derivatives Recognized in Income |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Derivatives not accounted for as hedging instruments |
Foreign currency related transactions* |
Futures |
Total |
||||||||||||
Equity
contracts |
$ | | $ | (194,266 | ) | $ | (194,266 | ) | |||||||
Foreign
exchange contracts |
53,771 | | 53,771 | ||||||||||||
Total |
$ | 53,771 | $ | (194,266 | ) | $ | (140,495 | ) |
* |
Amounts recognized for forward foreign currency contracts are included in net realized gain (loss) on foreign currency related transactions and net change in unrealized appreciation or depreciation on foreign currency related transactions. |
Shares |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 98.2% |
|||||||||||||||||||
Australia: 0.6% |
|||||||||||||||||||
57,262 |
Other Securities |
$ | 2,124,833 | 0.6 | |||||||||||||||
Belgium: 0.9% |
|||||||||||||||||||
54,511 |
Umicore |
2,960,147 | 0.9 | ||||||||||||||||
Brazil: 3.4% |
|||||||||||||||||||
946,327 |
Other Securities |
11,566,876 | 3.4 | ||||||||||||||||
Canada: 4.7% |
|||||||||||||||||||
66,101 |
Canadian National Railway Co. |
5,640,851 | 1.7 | ||||||||||||||||
311,471 |
Other Securities |
10,386,289 | 3.0 | ||||||||||||||||
16,027,140 | 4.7 | ||||||||||||||||||
Chile: 0.3% |
|||||||||||||||||||
45,300 |
Other Securities |
918,231 | 0.3 | ||||||||||||||||
China: 5.9% |
|||||||||||||||||||
1,560,565 |
CNOOC Ltd. |
3,297,706 | 1.0 | ||||||||||||||||
6,934,331 |
Other Securities |
16,769,995 | 4.9 | ||||||||||||||||
20,067,701 | 5.9 | ||||||||||||||||||
Denmark: 1.4% |
|||||||||||||||||||
33,400 |
Novo-Nordisk A/S |
4,923,928 | 1.4 | ||||||||||||||||
Finland: 0.4% |
|||||||||||||||||||
24,191 |
Other Securities |
1,318,364 | 0.4 | ||||||||||||||||
France: 11.1% |
|||||||||||||||||||
56,503 |
Air Liquide |
7,267,797 | 2.1 | ||||||||||||||||
38,969 |
Cie Generale DOptique Essilor International S.A. |
3,433,823 | 1.0 | ||||||||||||||||
66,454 |
Groupe Danone |
4,678,289 | 1.4 | ||||||||||||||||
23,500 |
LVMH Moet Hennessy Louis Vuitton S.A. |
3,898,541 | 1.2 | ||||||||||||||||
35,929 |
Pernod-Ricard S.A. |
3,728,256 | 1.1 | ||||||||||||||||
77,457 |
Safran S.A. |
2,870,931 | 0.8 | ||||||||||||||||
18,447 |
Unibail |
3,451,752 | 1.0 | ||||||||||||||||
205,750 |
Other Securities |
8,353,510 | 2.5 | ||||||||||||||||
37,682,899 | 11.1 | ||||||||||||||||||
Germany: 6.8% |
|||||||||||||||||||
51,417 |
Adidas AG |
4,288,677 | 1.3 | ||||||||||||||||
24,507 |
Allianz AG |
2,733,537 | 0.8 | ||||||||||||||||
42,911 |
Fresenius Medical Care AG & Co. KGaA |
3,047,183 | 0.9 | ||||||||||||||||
58,232 |
SAP AG |
3,861,561 | 1.1 | ||||||||||||||||
30,880 |
Siemens AG |
2,866,287 | 0.9 | ||||||||||||||||
276,672 |
Other Securities |
6,206,931 | 1.8 | ||||||||||||||||
23,004,176 | 6.8 | ||||||||||||||||||
Hong Kong: 2.0% |
|||||||||||||||||||
903,000 |
AIA Group Ltd. |
3,195,601 | 0.9 | ||||||||||||||||
700,500 |
Other Securities |
3,722,823 | 1.1 | ||||||||||||||||
6,918,424 | 2.0 | ||||||||||||||||||
COMMON STOCK: (continued) |
|||||||||||||||||||
India: 0.5% |
|||||||||||||||||||
366,414 |
Other Securities |
$ | 1,705,111 | 0.5 | |||||||||||||||
Ireland: 0.5% |
|||||||||||||||||||
119,900 |
Other Securities |
1,653,421 | 0.5 | ||||||||||||||||
Israel: 2.6% |
|||||||||||||||||||
73,980 |
@ |
Check Point Software Technologies |
4,300,457 | 1.3 | |||||||||||||||
96,923 |
Teva Pharmaceutical Industries Ltd. ADR |
4,433,258 | 1.3 | ||||||||||||||||
8,733,715 | 2.6 | ||||||||||||||||||
Italy: 1.1% |
|||||||||||||||||||
757,780 |
Snam Rete Gas S.p.A. |
3,599,887 | 1.1 | ||||||||||||||||
Japan: 12.3% |
|||||||||||||||||||
36,400 |
Daito Trust Construction Co., Ltd. |
3,273,387 | 1.0 | ||||||||||||||||
35,903 |
Fanuc Ltd. |
6,055,060 | 1.8 | ||||||||||||||||
137,730 |
Komatsu Ltd. |
3,963,868 | 1.2 | ||||||||||||||||
1,118,400 |
Mitsubishi UFJ Financial Group, Inc. |
5,370,012 | 1.6 | ||||||||||||||||
87,804 |
Toyota Motor Corp. |
3,598,012 | 1.0 | ||||||||||||||||
702,936 |
Other Securities |
19,459,801 | 5.7 | ||||||||||||||||
41,720,140 | 12.3 | ||||||||||||||||||
Macau: 0.5% |
|||||||||||||||||||
434,400 |
Other Securities |
1,700,800 | 0.5 | ||||||||||||||||
Malaysia: 0.1% |
|||||||||||||||||||
330,200 |
Other Securities |
362,276 | 0.1 | ||||||||||||||||
Mexico: 0.7% |
|||||||||||||||||||
813,395 |
Other Securities |
2,326,046 | 0.7 | ||||||||||||||||
Netherlands: 1.2% |
|||||||||||||||||||
125,510 |
Other Securities |
3,958,191 | 1.2 | ||||||||||||||||
Norway: 0.8% |
|||||||||||||||||||
133,990 |
Other Securities |
2,592,679 | 0.8 | ||||||||||||||||
South Korea: 2.1% |
|||||||||||||||||||
12,092 |
Hyundai Motor Co. |
2,854,562 | 0.8 | ||||||||||||||||
3,458 |
Samsung Electronics Co., Ltd. |
4,232,458 | 1.3 | ||||||||||||||||
7,087,020 | 2.1 | ||||||||||||||||||
Sweden: 3.0% |
|||||||||||||||||||
101,059 |
Assa Abloy AB |
2,941,467 | 0.9 | ||||||||||||||||
79,793 |
@ |
Hennes & Mauritz AB |
2,735,991 | 0.8 | |||||||||||||||
248,659 |
Other Securities |
4,624,627 | 1.3 | ||||||||||||||||
10,302,085 | 3.0 | ||||||||||||||||||
Switzerland: 8.9% |
|||||||||||||||||||
3,169 |
@ |
Givaudan |
3,076,416 | 0.9 | |||||||||||||||
61,800 |
Nestle S.A. |
3,787,677 | 1.1 | ||||||||||||||||
54,108 |
Novartis AG |
2,987,641 | 0.9 |
Shares |
|
|
|
Value |
|
Percentage of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: (continued) |
|||||||||||||||||||
Switzerland: (continued) |
|||||||||||||||||||
27,533 |
Roche Holding AG Genusschein |
$ | 5,031,946 | 1.5 | |||||||||||||||
55,054 |
@ |
Swiss Re Ltd. |
3,457,010 | 1.0 | |||||||||||||||
239,024 |
Other Securities |
12,023,743 | 3.5 | ||||||||||||||||
30,364,433 | 8.9 | ||||||||||||||||||
Taiwan: 2.1% |
|||||||||||||||||||
1,140,000 |
Taiwan Semiconductor Manufacturing Co., Ltd. |
3,369,426 | 1.0 | ||||||||||||||||
1,107,271 |
Other Securities |
3,735,506 | 1.1 | ||||||||||||||||
7,104,932 | 2.1 | ||||||||||||||||||
United Arab Emirates: 0.1% |
|||||||||||||||||||
112,386 |
Other Securities |
382,110 | 0.1 | ||||||||||||||||
United Kingdom: 21.2% |
|||||||||||||||||||
344,122 |
BG Group PLC |
8,119,637 | 2.4 | ||||||||||||||||
453,283 |
BP PLC |
3,274,568 | 1.0 | ||||||||||||||||
151,908 |
British American Tobacco PLC |
7,791,303 | 2.3 | ||||||||||||||||
355,009 |
HSBC Holdings PLC |
3,210,117 | 0.9 | ||||||||||||||||
84,233 |
Imperial Tobacco Group PLC |
3,368,521 | 1.0 | ||||||||||||||||
581,831 |
Kingfisher PLC |
2,743,895 | 0.8 | ||||||||||||||||
395,557 |
National Grid PLC |
4,271,442 | 1.2 | ||||||||||||||||
71,129 |
Reckitt Benckiser PLC |
4,140,665 | 1.2 | ||||||||||||||||
52,917 |
Rio Tinto PLC |
2,966,256 | 0.9 | ||||||||||||||||
436,378 |
@ |
Rolls-Royce Holdings PLC |
5,834,571 | 1.7 | |||||||||||||||
208,158 |
Standard Chartered PLC |
5,088,566 | 1.5 | ||||||||||||||||
704,587 |
Tesco PLC |
3,630,514 | 1.1 | ||||||||||||||||
1,087,940 |
Vodafone Group PLC |
3,011,381 | 0.9 | ||||||||||||||||
48,674,213 |
Other Securities |
14,458,574 | 4.3 | ||||||||||||||||
71,910,010 | 21.2 | ||||||||||||||||||
United States: 3.0% |
|||||||||||||||||||
48,471 |
Schlumberger Ltd. |
3,593,640 | 1.1 | ||||||||||||||||
176,752 |
Other Securities |
6,530,538 | 1.9 | ||||||||||||||||
10,124,178 | 3.0 | ||||||||||||||||||
Total
Common Stock |
|||||||||||||||||||
(Cost
$325,540,693) |
333,139,753 | 98.2 | |||||||||||||||||
PREFERRED STOCK: 0.9% |
|||||||||||||||||||
Germany: 0.9% |
|||||||||||||||||||
16,425 |
Volkswagen AG |
3,113,490 | 0.9 | ||||||||||||||||
Total
Preferred Stock |
|||||||||||||||||||
(Cost
$2,761,387) |
3,113,490 | 0.9 | |||||||||||||||||
RIGHTS: 0.0% |
|||||||||||||||||||
Germany: 0.0% |
|||||||||||||||||||
22,987 |
Other Securities |
27,002 | 0.0 | ||||||||||||||||
Total
Rights |
|||||||||||||||||||
(Cost
$) |
27,002 | 0.0 | |||||||||||||||||
WARRANTS: 0.1% |
|||||||||||||||||||
Telecommunications: 0.1% |
|||||||||||||||||||
55,503 |
Other Securities |
$ | 327,179 | 0.1 | |||||||||||||||
Total
Warrants |
|||||||||||||||||||
(Cost
$462,238) |
327,179 | 0.1 | |||||||||||||||||
Total
Long-Term Investments |
|||||||||||||||||||
(Cost
$328,764,318) |
336,607,424 | 99.2 | |||||||||||||||||
SHORT-TERM INVESTMENTS: 1.8% |
|||||||||||||||||||
Mutual Funds: 1.8% |
|||||||||||||||||||
6,011,371 |
BlackRock Liquidity Funds, TempFund, Institutional Class (Cost $6,011,371) |
6,011,371 | 1.8 | ||||||||||||||||
Total
Short-Term Investments |
|||||||||||||||||||
(Cost
$6,011,371) |
6,011,371 | 1.8 | |||||||||||||||||
Total Investments in Securities (Cost $334,775,689) |
$ | 342,618,795 | 101.0 | ||||||||||||||||
Liabilities in Excess of Other Assets |
(3,424,679 | ) | (1.0 | ) | |||||||||||||||
Net Assets |
$ | 339,194,116 | 100.0 |
@ |
Non-income producing security |
ADR |
American Depositary Receipt |
Cost for federal income tax purposes is $337,673,645. |
Net unrealized
appreciation consists of: |
||||||
Gross
Unrealized Appreciation |
$ | 22,052,680 | ||||
Gross
Unrealized Depreciation |
(17,107,530 | ) | ||||
Net
Unrealized Appreciation |
$ | 4,945,150 |
Sector Diversification |
Percentage of Net Assets |
|||||
---|---|---|---|---|---|---|
Consumer
Discretionary |
15.8 | % | ||||
Consumer
Staples |
12.8 | |||||
Energy |
8.3 | |||||
Financials |
16.5 | |||||
Health
Care |
10.0 | |||||
Industrials |
15.2 | |||||
Information
Technology |
9.4 | |||||
Materials |
7.1 | |||||
Telecommunications |
2.4 | |||||
Utilities |
1.7 | |||||
Short-Term
Investments |
1.8 | |||||
Liabilities in
Excess of Other Assets |
(1.0 | ) | ||||
Net
Assets |
100.0 | % |
Quoted Prices in Active Markets for Identical Investments (Level 1) |
Significant Other Observable Inputs # (Level 2) |
Significant Unobservable Inputs (Level 3) |
Fair Value at 4/30/2012 |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset
Table |
||||||||||||||||||
Investments,
at value |
||||||||||||||||||
Common
Stock |
||||||||||||||||||
Australia |
$ | | $ | 2,124,833 | $ | | $ | 2,124,833 | ||||||||||
Belgium |
| 2,960,147 | | 2,960,147 | ||||||||||||||
Brazil |
10,150,069 | 1,416,807 | | 11,566,876 | ||||||||||||||
Canada |
16,027,140 | | | 16,027,140 | ||||||||||||||
Chile |
918,231 | | | 918,231 | ||||||||||||||
China |
916,692 | 19,151,009 | | 20,067,701 | ||||||||||||||
Denmark |
| 4,923,928 | | 4,923,928 | ||||||||||||||
Finland |
| 1,318,364 | | 1,318,364 | ||||||||||||||
France |
| 37,682,899 | | 37,682,899 | ||||||||||||||
Germany |
| 23,004,176 | | 23,004,176 | ||||||||||||||
Hong
Kong |
| 6,918,424 | | 6,918,424 | ||||||||||||||
India |
| 1,705,111 | | 1,705,111 | ||||||||||||||
Ireland |
1,653,421 | | | 1,653,421 | ||||||||||||||
Israel |
8,733,715 | | | 8,733,715 | ||||||||||||||
Italy |
| 3,599,887 | | 3,599,887 | ||||||||||||||
Japan |
| 41,720,140 | | 41,720,140 | ||||||||||||||
Macau |
| 1,700,800 | | 1,700,800 | ||||||||||||||
Malaysia |
| 362,276 | | 362,276 | ||||||||||||||
Mexico |
2,326,046 | | | 2,326,046 | ||||||||||||||
Netherlands |
3,958,191 | | | 3,958,191 | ||||||||||||||
Norway |
| 2,592,679 | | 2,592,679 | ||||||||||||||
South
Korea |
| 7,087,020 | | 7,087,020 | ||||||||||||||
Sweden |
| 10,302,085 | | 10,302,085 | ||||||||||||||
Switzerland |
1,117,013 | 29,247,420 | | 30,364,433 | ||||||||||||||
Taiwan |
| 7,104,932 | | 7,104,932 | ||||||||||||||
United Arab
Emirates |
382,110 | | | 382,110 | ||||||||||||||
United
Kingdom |
2,328,090 | 69,581,920 | | 71,910,010 | ||||||||||||||
United
States |
10,043,157 | 81,021 | | 10,124,178 | ||||||||||||||
Total Common
Stock |
58,553,875 | 274,585,878 | | 333,139,753 | ||||||||||||||
Preferred
Stock |
| 3,113,490 | | 3,113,490 | ||||||||||||||
Rights |
| 27,002 | | 27,002 | ||||||||||||||
Warrants |
| 327,179 | | 327,179 | ||||||||||||||
Short-Term
Investments |
6,011,371 | | | 6,011,371 | ||||||||||||||
Total
Investments, at value |
$ | 64,565,246 | $ | 278,053,549 | $ | | $ | 342,618,795 | ||||||||||
Other
Financial Instruments+ |
||||||||||||||||||
Forward Foreign
Currency Contracts |
| 319,948 | | 319,948 | ||||||||||||||
Total
Assets |
$ | 64,565,246 | $ | 278,373,497 | $ | | $ | 342,938,743 |
ˆ |
See Note 2, Significant Accounting Policies in the Notes to Financial Statements for additional information. |
+ |
Other Financial Instruments are derivatives not reflected in the Portfolio of Investments and may include open forward foreign currency contracts, equity forwards, futures, swaps, and written options. Forward foreign currency contracts, equity forwards and futures are valued at the unrealized gain (loss) on the instrument. Swaps and written options are valued at the fair value of the instrument. |
# |
The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Fund may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Funds investments are categorized as Level 2 investments. |
Asset Table |
Beginning Balance on 10/31/2011 |
Purchases |
Sales |
Accrued Discounts/ (Premiums) |
Total Realized Gain (Loss) |
Total Unrealized Appreciation (Depreciation) |
Transfers into Level 3 |
Transfers Out of Level 3 |
Ending Balance on 4/30/2012 |
|||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Investments,
at value |
||||||||||||||||||||||||||||||||||||||
Common
Stock |
$ | 43,686 | $ | | $ | | $ | | $ | | $ | | $ | | $ | (43,686 | ) | $ | | |||||||||||||||||||
Total
Investments, at value |
$ | 43,686 | $ | | $ | | $ | | $ | | $ | | $ | | $ | (43,686 | ) | $ | |
Counterparty |
Currency |
Contract Amount |
Buy/Sell |
Settlement Date |
In Exchange For |
Fair Value |
Unrealized Appreciation (Depreciation) |
|||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
State
Street |
EU
Euro |
6,499,600 |
Sell |
05/09/12 |
$ | 8,923,756 | $ | 8,603,808 | $ | 319,948 | ||||||||||||||||||||
$ | 319,948 |
Derivatives not accounted for as hedging instruments |
Location on Statement of Assets and Liabilities |
Fair Value |
||||||||
---|---|---|---|---|---|---|---|---|---|---|
Asset
Derivatives |
||||||||||
Foreign exchange
contracts |
Unrealized appreciation on forward foreign currency contracts |
$ | 319,948 | |||||||
Total Asset
Derivatives |
$ | 319,948 |
Amount of Realized Gain or (Loss) on Derivatives Recognized in Income |
||||||||||
---|---|---|---|---|---|---|---|---|---|---|
Derivatives not accounted for as hedging
instruments |
Foreign currency related transactions* |
|||||||||
Foreign exchange
contracts |
$ | 529,239 | ||||||||
Total |
$ | 529,239 |
Change in Unrealized Appreciation or (Depreciation) on Derivatives Recognized in Income |
||||||||||
---|---|---|---|---|---|---|---|---|---|---|
Derivatives not accounted for as hedging
instruments |
Foreign currency related transactions* |
|||||||||
Foreign exchange
contracts |
$ | 31,593 | ||||||||
Total |
$ | 31,593 |
* |
Amounts recognized for forward foreign currency contracts are included in net realized gain (loss) on foreign currency related transactions and net change in unrealized appreciation or depreciation on foreign currency related transactions. |
Shares |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 101.0% |
|||||||||||||||||||
Australia: 5.4% |
|||||||||||||||||||
322,970 |
L |
Aristocrat Leisure Ltd. |
$ | 1,039,430 | 0.7 | ||||||||||||||
129,314 |
Brambles Ltd. |
970,246 | 0.7 | ||||||||||||||||
27,624 |
Cochlear Ltd. |
1,881,422 | 1.3 | ||||||||||||||||
129,644 |
Seek Ltd. |
958,794 | 0.7 | ||||||||||||||||
385,714 |
Other Securities |
2,931,359 | 2.0 | ||||||||||||||||
7,781,251 | 5.4 | ||||||||||||||||||
Belgium: 1.4% |
|||||||||||||||||||
13,139 |
Anheuser-Busch InBev NV |
946,997 | 0.7 | ||||||||||||||||
20,294 |
Other Securities(a) |
1,080,066 | 0.7 | ||||||||||||||||
2,027,063 | 1.4 | ||||||||||||||||||
Brazil: 2.6% |
|||||||||||||||||||
65,800 |
Itau Unibanco Holding SA ADR |
1,032,402 | 0.7 | ||||||||||||||||
309,700 |
Other Securities |
2,709,312 | 1.9 | ||||||||||||||||
3,741,714 | 2.6 | ||||||||||||||||||
Canada: 1.9% |
|||||||||||||||||||
86,000 |
Other Securities |
2,732,078 | 1.9 | ||||||||||||||||
China: 5.2% |
|||||||||||||||||||
8,500 |
@ |
Baidu.com ADR |
1,127,950 | 0.8 | |||||||||||||||
30,015 |
Mindray Medical International Ltd. ADR |
983,291 | 0.7 | ||||||||||||||||
3,426,000 |
Other Securities |
5,313,465 | 3.7 | ||||||||||||||||
7,424,706 | 5.2 | ||||||||||||||||||
Denmark: 4.2% |
|||||||||||||||||||
29,749 |
Carlsberg A/S |
2,567,986 | 1.8 | ||||||||||||||||
12,646 |
Novo-Nordisk A/S |
1,864,311 | 1.3 | ||||||||||||||||
53,451 |
Other Securities |
1,527,193 | 1.1 | ||||||||||||||||
5,959,490 | 4.2 | ||||||||||||||||||
Finland: 1.2% |
|||||||||||||||||||
23,971 |
Kone OYJ |
1,483,420 | 1.0 | ||||||||||||||||
72,307 |
Other Securities |
261,874 | 0.2 | ||||||||||||||||
1,745,294 | 1.2 | ||||||||||||||||||
France: 4.5% |
|||||||||||||||||||
25,858 |
Total S.A. |
1,241,275 | 0.9 | ||||||||||||||||
124,426 |
Other Securities |
5,199,410 | 3.6 | ||||||||||||||||
6,440,685 | 4.5 | ||||||||||||||||||
Germany: 3.3% |
|||||||||||||||||||
14,508 |
Adidas AG |
1,210,108 | 0.9 | ||||||||||||||||
70,315 |
Other Securities |
3,483,804 | 2.4 | ||||||||||||||||
4,693,912 | 3.3 | ||||||||||||||||||
Hong Kong: 3.8% |
|||||||||||||||||||
348,000 |
Cafe de Coral Holdings Ltd. |
953,327 | 0.7 | ||||||||||||||||
850,000 |
Li & Fung Ltd. |
1,812,577 | 1.2 | ||||||||||||||||
487,050 |
Other Securities |
2,742,920 | 1.9 | ||||||||||||||||
5,508,824 | 3.8 | ||||||||||||||||||
India: 1.7% |
|||||||||||||||||||
7,769 |
# |
Reliance Industries Ltd. GDR |
219,737 | 0.1 | |||||||||||||||
COMMON STOCK: (continued) |
|||||||||||||||||||
India: (continued) |
|||||||||||||||||||
353,054 |
Other Securities |
$ | 2,282,845 | 1.6 | |||||||||||||||
2,502,582 | 1.7 | ||||||||||||||||||
Indonesia: 0.4% |
|||||||||||||||||||
507,838 |
Other Securities |
605,096 | 0.4 | ||||||||||||||||
Ireland: 0.3% |
|||||||||||||||||||
7,600 |
Other Securities |
493,620 | 0.3 | ||||||||||||||||
Israel: 0.5% |
|||||||||||||||||||
106,753 |
Other Securities(a) |
741,933 | 0.5 | ||||||||||||||||
Italy: 1.4% |
|||||||||||||||||||
79,044 |
Fiat Industrial SpA |
897,313 | 0.6 | ||||||||||||||||
75,059 |
Other Securities |
1,053,847 | 0.8 | ||||||||||||||||
1,951,160 | 1.4 | ||||||||||||||||||
Japan: 13.4% |
|||||||||||||||||||
57,100 |
Asahi Group Holdings, Ltd |
1,285,734 | 0.9 | ||||||||||||||||
4,700 |
Fast Retailing Co., Ltd. |
1,050,300 | 0.7 | ||||||||||||||||
204 |
Inpex Holdings, Inc. |
1,346,912 | 1.0 | ||||||||||||||||
48,700 |
Kao Corp. |
1,304,933 | 0.9 | ||||||||||||||||
77,100 |
Namco Bandai Holdings, Inc. |
1,102,430 | 0.8 | ||||||||||||||||
907 |
Rakuten, Inc. |
1,011,621 | 0.7 | ||||||||||||||||
26,000 |
Sankyo Co., Ltd. |
1,253,598 | 0.9 | ||||||||||||||||
51,700 |
THK Co., Ltd. |
1,033,887 | 0.7 | ||||||||||||||||
367,469 |
Other Securities |
9,802,070 | 6.8 | ||||||||||||||||
19,191,485 | 13.4 | ||||||||||||||||||
Kazakhstan: 0.6% |
|||||||||||||||||||
40,600 |
Other Securities(a) |
810,211 | 0.6 | ||||||||||||||||
Malaysia: 0.2% |
|||||||||||||||||||
126,800 |
Other Securities |
309,862 | 0.2 | ||||||||||||||||
Mexico: 0.2% |
|||||||||||||||||||
9,039 |
Other Securities |
230,307 | 0.2 | ||||||||||||||||
Netherlands: 1.3% |
|||||||||||||||||||
71,152 |
Other Securities |
1,927,248 | 1.3 | ||||||||||||||||
Norway: 1.1% |
|||||||||||||||||||
26,583 |
SeaDrill Ltd. |
1,030,677 | 0.7 | ||||||||||||||||
19,825 |
Other Securities |
513,447 | 0.4 | ||||||||||||||||
1,544,124 | 1.1 | ||||||||||||||||||
Portugal: 0.3% |
|||||||||||||||||||
23,798 |
Other Securities |
445,365 | 0.3 | ||||||||||||||||
Russia: 0.4% |
|||||||||||||||||||
30,874 |
Other Securities |
549,953 | 0.4 | ||||||||||||||||
Singapore: 1.6% |
|||||||||||||||||||
86,775 |
United Overseas Bank Ltd. |
1,346,348 | 0.9 | ||||||||||||||||
303,000 |
Other Securities |
968,168 | 0.7 | ||||||||||||||||
2,314,516 | 1.6 | ||||||||||||||||||
Shares |
|
|
|
Value |
|
Percentage of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: (continued) |
|||||||||||||||||||
South Africa: 0.6% |
|||||||||||||||||||
138,563 |
Other Securities |
$ | 833,305 | 0.6 | |||||||||||||||
South Korea: 1.9% |
|||||||||||||||||||
3,277 |
Samsung Electronics Co., Ltd. GDR |
1,999,753 | 1.4 | ||||||||||||||||
2,708 |
Other Securities |
696,579 | 0.5 | ||||||||||||||||
2,696,332 | 1.9 | ||||||||||||||||||
Spain: 1.5% |
|||||||||||||||||||
193,915 |
@ |
Distribuidora Internacional de Alimentacion SA |
931,033 | 0.6 | |||||||||||||||
79,358 |
Other Securities |
1,242,206 | 0.9 | ||||||||||||||||
2,173,239 | 1.5 | ||||||||||||||||||
Sweden: 4.7% |
|||||||||||||||||||
103,016 |
Atlas Copco AB Class B |
2,163,363 | 1.5 | ||||||||||||||||
51,944 |
Scania AB B Shares |
1,061,475 | 0.7 | ||||||||||||||||
65,044 |
Svenska Handelsbanken AB |
2,105,368 | 1.5 | ||||||||||||||||
60,134 |
Other Securities(a) |
1,365,216 | 1.0 | ||||||||||||||||
6,695,422 | 4.7 | ||||||||||||||||||
Switzerland: 9.0% |
|||||||||||||||||||
15,049 |
Compagnie Financiere Richemont S.A. |
931,513 | 0.7 | ||||||||||||||||
4,492 |
@ |
Geberit AG Reg |
949,769 | 0.7 | |||||||||||||||
5,572 |
@ |
Mettler Toledo International, Inc. |
999,171 | 0.7 | |||||||||||||||
40,307 |
Nestle S.A. |
2,470,387 | 1.7 | ||||||||||||||||
15,013 |
Roche Holding AG Genusschein |
2,743,784 | 1.9 | ||||||||||||||||
8,118 |
Schindler Holding AG |
1,050,611 | 0.7 | ||||||||||||||||
128,959 |
Other Securities |
3,701,012 | 2.6 | ||||||||||||||||
12,846,247 | 9.0 | ||||||||||||||||||
Taiwan: 1.4% |
|||||||||||||||||||
99,000 |
Taiwan Semiconductor Manufacturing Co., Ltd. |
292,608 | 0.2 | ||||||||||||||||
61,600 |
Taiwan Semiconductor Manufacturing Co., Ltd. ADR |
959,728 | 0.7 | ||||||||||||||||
195,290 |
Other Securities |
732,193 | 0.5 | ||||||||||||||||
1,984,529 | 1.4 | ||||||||||||||||||
Thailand: 0.1% |
|||||||||||||||||||
35,400 |
Other Securities |
187,590 | 0.1 | ||||||||||||||||
Turkey: 1.1% |
|||||||||||||||||||
343,895 |
@ |
Turkiye Garanti Bankasi A/S |
1,266,064 | 0.9 | |||||||||||||||
6,910 |
Other Securities |
288,209 | 0.2 | ||||||||||||||||
1,554,273 | 1.1 | ||||||||||||||||||
United Arab Emirates: 0.3% |
|||||||||||||||||||
36,577 |
Other Securities |
418,454 | 0.3 | ||||||||||||||||
United Kingdom: 20.6% |
|||||||||||||||||||
76,564 |
BG Group PLC |
1,806,545 | 1.2 | ||||||||||||||||
COMMON STOCK: (continued) |
|||||||||||||||||||
United Kingdom: (continued) |
|||||||||||||||||||
66,316 |
BHP Billiton PLC |
$ | 2,134,839 | 1.5 | |||||||||||||||
31,000 |
Imperial Tobacco Group PLC |
1,239,706 | 0.9 | ||||||||||||||||
43,760 |
Intertek Group PLC |
1,786,673 | 1.2 | ||||||||||||||||
131,795 |
John Wood Group PLC |
1,673,592 | 1.2 | ||||||||||||||||
42,000 |
Johnson Matthey PLC |
1,577,162 | 1.1 | ||||||||||||||||
54,387 |
Rightmove PLC |
1,360,757 | 0.9 | ||||||||||||||||
65,607 |
Standard Chartered PLC |
1,603,808 | 1.1 | ||||||||||||||||
38,466 |
Unilever PLC |
1,314,077 | 0.9 | ||||||||||||||||
80,670 |
WPP PLC |
1,092,352 | 0.8 | ||||||||||||||||
7,325,714 |
Other Securities |
13,993,606 | 9.8 | ||||||||||||||||
29,583,117 | 20.6 | ||||||||||||||||||
United States: 2.9% |
|||||||||||||||||||
34,715 |
Coca-Cola Enterprises, Inc. |
1,045,616 | 0.7 | ||||||||||||||||
124,587 |
Other Securities |
3,136,290 | 2.2 | ||||||||||||||||
4,181,906 | 2.9 | ||||||||||||||||||
Total
Common Stock |
|||||||||||||||||||
(Cost
$146,028,781) |
144,826,893 | 101.0 | |||||||||||||||||
PREFERRED STOCK: 0.1% |
|||||||||||||||||||
United States: 0.1% |
|||||||||||||||||||
4,440 |
Other Securities |
146,169 | 0.1 | ||||||||||||||||
Total
Preferred Stock |
|||||||||||||||||||
(Cost
$146,169) |
146,169 | 0.1 | |||||||||||||||||
Total
Long-Term Investments |
|||||||||||||||||||
(Cost
$146,174,950) |
144,973,062 | 101.1 | |||||||||||||||||
Principal Amount |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
SHORT-TERM INVESTMENTS: 2.6% |
|||||||||||||||||||
Securities Lending Collateralcc(1): 1.9% |
|||||||||||||||||||
772,080 |
Credit Suisse Securities, Repurchase Agreement dated 04/30/12, 0.18%, due 05/01/12 (Repurchase Amount
$772,084, collateralized by various U.S. Government Securities, 0.625%2.375%, Market Value plus accrued interest $787,524, due
04/30/1302/15/41) |
772,080 | 0.5 | ||||||||||||||||
1,000,000 |
Deutsche Bank AG, Repurchase Agreement dated 04/30/12, 0.22%, due 05/01/12 (Repurchase Amount $1,000,006,
collateralized by various U.S. Government Agency Obligations, 2.491%7.000%, Market Value plus accrued interest $1,020,000, due
08/01/2504/01/42) |
1,000,000 | 0.7 |
Principal Amount |
|
|
|
Value |
|
Percentage of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHORT-TERM INVESTMENTS: (continued) |
|||||||||||||||||||
Securities Lending Collateralcc(1): (continued) |
|||||||||||||||||||
1,000,000 |
Royal Bank of Canada, Repurchase Agreement dated 04/30/12, 0.20%, due 05/01/12 (Repurchase Amount
$1,000,005, collateralized by various U.S. Government Agency Obligations, 0.000%5.000%, Market Value plus accrued interest $1,020,000, due
07/30/1203/01/42) |
$ | 1,000,000 | 0.7 | |||||||||||||||
2,772,080 | 1.9 | ||||||||||||||||||
Shares |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
Mutual Funds: 0.7% |
|||||||||||||||||||
938,428 |
T. Rowe Price Reserve Investment Fund (Cost $938,428) |
938,428 | 0.7 | ||||||||||||||||
Total
Short-Term Investments |
|||||||||||||||||||
(Cost
$3,710,508) |
3,710,508 | 2.6 | |||||||||||||||||
Total Investments in Securities (Cost $149,885,458) |
$ | 148,683,570 | 103.7 | ||||||||||||||||
Liabilities in Excess of Other Assets |
(5,354,156 | ) | (3.7 | ) | |||||||||||||||
Net Assets |
$ | 143,329,414 | 100.0 |
|
Unless otherwise indicated, principal amount is shown in USD. |
# |
Securities with purchases pursuant to Rule 144A or section 4(2), under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers. |
@ |
Non-income producing security |
ADR |
American Depositary Receipt |
GDR |
Global Depositary Receipt |
cc |
Securities purchased with cash collateral for securities loaned. |
L |
Loaned security, a portion or all of the security is on loan at April 30, 2012. |
(1) |
Collateral received from brokers for securities lending was invested into these short-term investments. |
(a) |
This grouping contains securities on loan. |
Cost for federal income tax purposes is $150,191,452. |
Net unrealized
depreciation consists of: |
||||||
Gross
Unrealized Appreciation |
$ | 11,991,244 | ||||
Gross
Unrealized Depreciation |
(13,499,126 | ) | ||||
Net
Unrealized Depreciation |
$ | (1,507,882 | ) |
Sector Diversification |
Percentage of Net Assets |
|||||
---|---|---|---|---|---|---|
Consumer
Discretionary |
19.8 | % | ||||
Consumer
Staples |
13.7 | |||||
Energy |
9.0 | |||||
Financials |
18.0 | |||||
Health
Care |
9.7 | |||||
Industrials |
16.5 | |||||
Information
Technology |
6.2 | |||||
Materials |
6.9 | |||||
Telecommunications |
1.2 | |||||
Utilities |
0.1 | |||||
Short-Term
Investments |
2.6 | |||||
Liabilities in
Excess of Other Assets |
(3.7 | ) | ||||
Net
Assets |
100.0 | % |
Quoted Prices in Active Markets for Identical Investments (Level 1) |
Significant Other Observable Inputs # (Level 2) |
Significant Unobservable Inputs (Level 3) |
Fair Value at 4/30/2012 |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset
Table |
||||||||||||||||||
Investments,
at value |
||||||||||||||||||
Common
Stock |
||||||||||||||||||
Australia |
$ | | $ | 7,781,251 | $ | | $ | 7,781,251 | ||||||||||
Belgium |
946,997 | 1,080,066 | | 2,027,063 | ||||||||||||||
Brazil |
2,709,312 | 1,032,402 | | 3,741,714 | ||||||||||||||
Canada |
2,732,078 | | | 2,732,078 | ||||||||||||||
China |
2,850,547 | 4,574,159 | | 7,424,706 | ||||||||||||||
Denmark |
| 5,959,490 | | 5,959,490 | ||||||||||||||
Finland |
| 1,745,294 | | 1,745,294 | ||||||||||||||
France |
| 6,440,685 | | 6,440,685 | ||||||||||||||
Germany |
| 4,693,912 | | 4,693,912 | ||||||||||||||
Hong
Kong |
| 5,508,824 | | 5,508,824 | ||||||||||||||
India |
321,980 | 2,180,602 | | 2,502,582 |
Quoted Prices in Active Markets for Identical Investments (Level 1) |
Significant Other Observable Inputs # (Level 2) |
Significant Unobservable Inputs (Level 3) |
Fair Value at 4/30/2012 | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Indonesia |
$ | 406,743 | $ | 198,353 | $ | | $ | 605,096 | ||||||||||
Ireland |
493,620 | | | 493,620 | ||||||||||||||
Israel |
741,933 | | | 741,933 | ||||||||||||||
Italy |
| 1,951,160 | | 1,951,160 | ||||||||||||||
Japan |
708,885 | 18,482,600 | | 19,191,485 | ||||||||||||||
Kazakhstan |
| 810,211 | | 810,211 | ||||||||||||||
Malaysia |
| 309,862 | | 309,862 | ||||||||||||||
Mexico |
| 230,307 | | 230,307 | ||||||||||||||
Netherlands |
419,173 | 1,508,075 | | 1,927,248 | ||||||||||||||
Norway |
| 1,544,124 | | 1,544,124 | ||||||||||||||
Portugal |
| 445,365 | | 445,365 | ||||||||||||||
Russia |
242,385 | 307,568 | | 549,953 | ||||||||||||||
Singapore |
| 2,314,516 | | 2,314,516 | ||||||||||||||
South
Africa |
| 833,305 | | 833,305 | ||||||||||||||
South
Korea |
| 2,696,332 | | 2,696,332 | ||||||||||||||
Spain |
| 2,173,239 | | 2,173,239 | ||||||||||||||
Sweden |
| 6,695,422 | | 6,695,422 | ||||||||||||||
Switzerland |
2,003,320 | 10,842,927 | | 12,846,247 | ||||||||||||||
Taiwan |
959,728 | 1,024,801 | | 1,984,529 | ||||||||||||||
Thailand |
| 187,590 | | 187,590 | ||||||||||||||
Turkey |
| 1,554,273 | | 1,554,273 | ||||||||||||||
United Arab
Emirates |
| 418,454 | | 418,454 | ||||||||||||||
United
Kingdom |
| 29,583,117 | | 29,583,117 | ||||||||||||||
United
States |
4,181,906 | | | 4,181,906 | ||||||||||||||
Total Common
Stock |
19,718,607 | 125,108,286 | | 144,826,893 | ||||||||||||||
Preferred
Stock |
| | 146,169 | 146,169 | ||||||||||||||
Short-Term
Investments |
938,428 | 2,772,080 | | 3,710,508 | ||||||||||||||
Total
Investments, at value |
$ | 20,657,035 | $ | 127,880,366 | $ | 146,169 | $ | 148,683,570 |
ˆ |
See Note 2, Significant Accounting Policies in the Notes to Financial Statements for additional information. |
# |
The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Fund may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Funds investments are categorized as Level 2 investments. |
Asset Table |
Beginning Balance on 10/31/2011 |
Purchases |
Sales |
Accrued Discounts/ (Premiums) |
Total Realized Gain (Loss) |
Total Unrealized Appreciation (Depreciation) |
Transfers into Level 3 |
Transfers Out of Level 3 |
Ending Balance on 4/30/2012 |
|||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Investments,
at value |
||||||||||||||||||||||||||||||||||||||
Common
Stock |
$ | 5,661 | $ | | $ | | $ | | $ | | $ | | $ | | $ | (5,661 | ) | $ | | |||||||||||||||||||
Preferred
Stock |
| | | | | | 146,169 | | 146,169 | |||||||||||||||||||||||||||||
Total
Investments, at value |
$ | 5,661 | $ | | $ | | $ | | $ | | $ | | $ | 146,169 | $ | (5,661 | ) | $ | 146,169 |
Amount of Realized Gain or (Loss) on Derivatives Recognized in Income |
||||||||||
---|---|---|---|---|---|---|---|---|---|---|
Derivatives not accounted for as hedging
instruments |
Foreign currency related transactions** |
|||||||||
Foreign exchange
contracts |
$ | 8,876 | ||||||||
Total |
$ | 8,876 |
Change in Unrealized Appreciation or (Depreciation) on Derivatives Recognized in Income |
||||||||||
---|---|---|---|---|---|---|---|---|---|---|
Derivatives not accounted for as hedging
instruments |
Foreign currency related transactions* |
|||||||||
Foreign exchange
contracts |
$ | 3,916 | ||||||||
Total |
$ | 3,916 |
* |
Amounts recognized for forward foreign currency contracts are included in net realized gain (loss) on foreign currency related transactions and net change in unrealized appreciation or depreciation on foreign currency related transactions. |
Shares |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 97.2% |
|||||||||||||||||||
Australia: 15.2% |
|||||||||||||||||||
2,593,800 |
CFS Retail Property Trust |
$ | 5,188,292 | 1.1 | |||||||||||||||
8,049,257 |
Dexus Property Group |
7,809,584 | 1.6 | ||||||||||||||||
2,257,044 |
Goodman Group |
8,438,636 | 1.8 | ||||||||||||||||
980,639 |
GPT Group |
3,338,578 | 0.7 | ||||||||||||||||
1,378,900 |
Investa Office Fund |
3,913,972 | 0.8 | ||||||||||||||||
3,166,817 |
Mirvac Group |
4,255,220 | 0.9 | ||||||||||||||||
1,899,800 |
Stockland |
6,102,977 | 1.3 | ||||||||||||||||
2,625,976 |
Westfield Group |
25,107,870 | 5.3 | ||||||||||||||||
7,699,890 |
Other Securities |
7,942,064 | 1.7 | ||||||||||||||||
72,097,193 | 15.2 | ||||||||||||||||||
Austria: 0.8% |
|||||||||||||||||||
943,118 |
Other Securities |
3,678,531 | 0.8 | ||||||||||||||||
Brazil: 0.4% |
|||||||||||||||||||
145,000 |
Other Securities |
1,915,642 | 0.4 | ||||||||||||||||
Canada: 4.1% |
|||||||||||||||||||
65,900 |
Boardwalk Real Estate Investment Trust |
3,923,247 | 0.8 | ||||||||||||||||
507,450 |
Brookfield Properties Co. |
9,215,292 | 2.0 | ||||||||||||||||
224,100 |
RioCan Real Estate Investment Trust |
6,156,880 | 1.3 | ||||||||||||||||
19,295,419 | 4.1 | ||||||||||||||||||
China: 2.6% |
|||||||||||||||||||
10,885,100 |
@ |
Country Garden Holdings Co. Ltd. |
4,694,365 | 1.0 | |||||||||||||||
7,800,000 |
Evergrande Real Estate Group Ltd. |
4,477,876 | 0.9 | ||||||||||||||||
3,469,000 |
Other Securities |
3,074,492 | 0.7 | ||||||||||||||||
12,246,733 | 2.6 | ||||||||||||||||||
Finland: 0.2% |
|||||||||||||||||||
291,610 |
Other Securities |
966,005 | 0.2 | ||||||||||||||||
France: 7.4% |
|||||||||||||||||||
58,436 |
Fonciere Des Regions |
4,527,804 | 0.9 | ||||||||||||||||
58,245 |
@ |
ICADE |
4,913,911 | 1.0 | |||||||||||||||
148,055 |
Klepierre |
4,693,647 | 1.0 | ||||||||||||||||
97,808 |
Unibail |
18,301,564 | 3.9 | ||||||||||||||||
28,921 |
Other Securities |
2,861,986 | 0.6 | ||||||||||||||||
35,298,912 | 7.4 | ||||||||||||||||||
Germany: 0.9% |
|||||||||||||||||||
311,725 |
Other Securities |
4,037,796 | 0.9 | ||||||||||||||||
Hong Kong: 19.2% |
|||||||||||||||||||
1,549,965 |
Cheung Kong Holdings Ltd. |
20,498,378 | 4.3 | ||||||||||||||||
3,448,895 |
Hang Lung Properties Ltd. |
12,679,952 | 2.7 | ||||||||||||||||
1,396,694 |
Hongkong Land Holdings Ltd. |
8,646,987 | 1.8 | ||||||||||||||||
1,770,600 |
Kerry Properties Ltd. |
8,033,969 | 1.7 | ||||||||||||||||
2,450,400 |
Link Real Estate Investment Trust |
10,194,654 | 2.2 | ||||||||||||||||
4,688,200 |
Sino Land Co. |
8,041,899 | 1.7 | ||||||||||||||||
1,220,800 |
Sun Hung Kai Properties Ltd. |
14,622,618 | 3.1 | ||||||||||||||||
COMMON STOCK: (continued) |
|||||||||||||||||||
Hong Kong: (continued) |
|||||||||||||||||||
679,285 |
Wharf Holdings Ltd. |
$ | 4,028,407 | 0.8 | |||||||||||||||
1,849,000 |
Other Securities |
4,478,379 | 0.9 | ||||||||||||||||
91,225,243 | 19.2 | ||||||||||||||||||
Italy: 0.1% |
|||||||||||||||||||
1,179,920 |
Other Securities |
655,402 | 0.1 | ||||||||||||||||
Japan: 24.0% |
|||||||||||||||||||
2,400 |
Advance Residence Investment Corp. |
4,639,842 | 1.0 | ||||||||||||||||
167,600 |
Aeon Mall Co., Ltd. |
3,716,712 | 0.8 | ||||||||||||||||
102,200 |
Daito Trust Construction Co., Ltd. |
9,190,663 | 1.9 | ||||||||||||||||
804 |
Japan Real Estate Investment Corp. |
7,122,520 | 1.5 | ||||||||||||||||
4,223 |
Japan Retail Fund Investment Corp. |
6,733,278 | 1.4 | ||||||||||||||||
1,814 |
Kenedix Realty Investment Corp. |
6,324,291 | 1.3 | ||||||||||||||||
1,601,400 |
Mitsubishi Estate Co., Ltd. |
28,310,098 | 6.0 | ||||||||||||||||
1,288,477 |
Mitsui Fudosan Co., Ltd. |
23,600,789 | 5.0 | ||||||||||||||||
528 |
Nippon Building Fund, Inc. |
5,017,144 | 1.0 | ||||||||||||||||
252,100 |
Sumitomo Realty & Development Co., Ltd. |
6,011,764 | 1.3 | ||||||||||||||||
1,745,000 |
Tokyo Tatemono Co., Ltd. |
6,443,507 | 1.4 | ||||||||||||||||
4,023 |
United Urban Investment Corp. |
4,740,102 | 1.0 | ||||||||||||||||
305 |
Other Securities |
2,013,970 | 0.4 | ||||||||||||||||
113,864,680 | 24.0 | ||||||||||||||||||
Netherlands: 1.1% |
|||||||||||||||||||
91,732 |
Corio NV |
4,109,333 | 0.9 | ||||||||||||||||
27,410 |
Other Securities |
961,624 | 0.2 | ||||||||||||||||
5,070,957 | 1.1 | ||||||||||||||||||
Philippines: 0.5% |
|||||||||||||||||||
50,000,000 |
Other Securities |
2,556,872 | 0.5 | ||||||||||||||||
Singapore: 9.2% |
|||||||||||||||||||
6,860,900 |
CapitaCommercial Trust |
7,135,469 | 1.5 | ||||||||||||||||
4,488,400 |
CapitaLand Ltd. |
10,609,134 | 2.2 | ||||||||||||||||
4,124,683 |
CapitaMall Trust |
5,988,466 | 1.3 | ||||||||||||||||
4,650,000 |
CapitaMalls Asia Ltd. |
5,763,588 | 1.2 | ||||||||||||||||
3,616,600 |
@ |
Global Logistic Properties Ltd. |
6,001,785 | 1.3 | |||||||||||||||
7,437,400 |
Other Securities |
7,997,898 | 1.7 | ||||||||||||||||
43,496,340 | 9.2 | ||||||||||||||||||
Sweden: 1.6% |
|||||||||||||||||||
302,796 |
Castellum AB |
3,834,105 | 0.8 | ||||||||||||||||
359,903 |
Other Securities |
3,603,801 | 0.8 | ||||||||||||||||
7,437,906 | 1.6 | ||||||||||||||||||
Switzerland: 1.6% |
|||||||||||||||||||
47,683 |
@ |
PSP Swiss Property AG |
4,285,042 | 0.9 | |||||||||||||||
39,774 |
@ |
Swiss Prime Site AG |
3,317,180 | 0.7 | |||||||||||||||
7,602,222 | 1.6 |
Shares |
|
|
|
Value |
|
Percentage of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: (continued) |
|||||||||||||||||||
United Kingdom: 8.3% |
|||||||||||||||||||
602,230 |
British Land Co. PLC |
$ | 4,784,169 | 1.0 | |||||||||||||||
568,753 |
Great Portland Estates PLC |
3,324,361 | 0.7 | ||||||||||||||||
1,006,959 |
Hammerson PLC |
6,826,505 | 1.4 | ||||||||||||||||
840,681 |
Land Securities Group PLC |
9,927,882 | 2.1 | ||||||||||||||||
6,256,427 |
Other Securities |
14,466,613 | 3.1 | ||||||||||||||||
39,329,530 | 8.3 | ||||||||||||||||||
Total
Common Stock |
|||||||||||||||||||
(Cost
$389,279,484) |
460,775,383 | 97.2 | |||||||||||||||||
RIGHTS: 0.0% |
|||||||||||||||||||
Germany: 0.0% |
|||||||||||||||||||
59,525 |
Other Securities |
69,921 | 0.0 | ||||||||||||||||
Total
Rights |
|||||||||||||||||||
(Cost
$) |
69,921 | 0.0 | |||||||||||||||||
Total Investments in Securities (Cost $389,279,484) |
$ | 460,845,304 | 97.2 | ||||||||||||||||
Assets in Excess of Other Liabilities |
13,085,382 | 2.8 | |||||||||||||||||
Net Assets |
$ | 473,930,686 | 100.0 |
@ |
Non-income producing security |
Cost for federal income tax purposes is $443,803,558. |
Net unrealized
appreciation consists of: |
||||||
Gross
Unrealized Appreciation |
$ | 59,346,428 | ||||
Gross
Unrealized Depreciation |
(42,304,682 | ) | ||||
Net
Unrealized Appreciation |
$ | 17,041,746 |
Sector Diversification |
Percentage of Net Assets |
|||||
---|---|---|---|---|---|---|
Financials |
97.2 | % | ||||
Assets in
Excess of Other Liabilities |
2.8 | |||||
Net
Assets |
100.0 | % |
Quoted Prices in Active Markets for Identical Investments (Level 1) |
Significant Other Observable Inputs # (Level 2) |
Significant Unobservable Inputs (Level 3) |
Fair Value at 4/30/2012 |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset
Table |
||||||||||||||||||
Investments,
at value |
||||||||||||||||||
Common
Stock |
||||||||||||||||||
Australia |
$ | | $ | 72,097,193 | $ | | $ | 72,097,193 | ||||||||||
Austria |
| 3,678,531 | | 3,678,531 | ||||||||||||||
Brazil |
1,915,642 | | | 1,915,642 | ||||||||||||||
Canada |
19,295,419 | | | 19,295,419 | ||||||||||||||
China |
| 12,246,733 | | 12,246,733 | ||||||||||||||
Finland |
| 966,005 | | 966,005 | ||||||||||||||
France |
1,481,361 | 33,817,551 | | 35,298,912 | ||||||||||||||
Germany |
| 4,037,796 | | 4,037,796 | ||||||||||||||
Hong
Kong |
| 91,225,243 | | 91,225,243 | ||||||||||||||
Italy |
| 655,402 | | 655,402 | ||||||||||||||
Japan |
| 113,864,680 | | 113,864,680 | ||||||||||||||
Netherlands |
| 5,070,957 | | 5,070,957 | ||||||||||||||
Philippines |
| 2,556,872 | | 2,556,872 | ||||||||||||||
Singapore |
| 43,496,340 | | 43,496,340 | ||||||||||||||
Sweden |
| 7,437,906 | | 7,437,906 | ||||||||||||||
Switzerland |
| 7,602,222 | | 7,602,222 | ||||||||||||||
United
Kingdom |
3,187,834 | 36,141,696 | | 39,329,530 | ||||||||||||||
Total Common
Stock |
25,880,256 | 434,895,127 | | 460,775,383 | ||||||||||||||
Rights |
| 69,921 | | 69,921 | ||||||||||||||
Total
Investments, at value |
$ | 25,880,256 | $ | 434,965,048 | $ | | $ | 460,845,304 |
ˆ |
See Note 2, Significant Accounting Policies in the Notes to Financial Statements for additional information. |
# |
The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Fund may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Funds investments are categorized as Level 2 investments. |
There were no significant transfers between Level 1 and 2 during the period ended April 30, 2012. |
Shares |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 98.4% |
|||||||||||||||||||
Australia: 6.5% |
|||||||||||||||||||
160,913 |
Amcor Ltd. |
$ | 1,255,911 | 0.5 | |||||||||||||||
79,479 |
Ansell Ltd. |
1,223,583 | 0.5 | ||||||||||||||||
143,254 |
Computershare Ltd. |
1,249,416 | 0.5 | ||||||||||||||||
589,494 |
@ |
Starpharma Holdings Ltd. |
1,135,330 | 0.4 | |||||||||||||||
7,476,291 |
Other Securities |
12,133,694 | 4.6 | ||||||||||||||||
16,997,934 | 6.5 | ||||||||||||||||||
Austria: 1.9% |
|||||||||||||||||||
20,000 |
Kapsch TrafficCom AG |
1,787,502 | 0.7 | ||||||||||||||||
14,000 |
Mayr Melnhof Karton AG |
1,427,173 | 0.6 | ||||||||||||||||
28,000 |
Rosenbauer International AG |
1,663,980 | 0.6 | ||||||||||||||||
3,098 |
Other Securities |
28,700 | 0.0 | ||||||||||||||||
4,907,355 | 1.9 | ||||||||||||||||||
Belgium: 1.2% |
|||||||||||||||||||
42,688 |
Tessenderlo Chemie NV |
1,353,298 | 0.5 | ||||||||||||||||
264,993 |
Other Securities |
1,764,212 | 0.7 | ||||||||||||||||
3,117,510 | 1.2 | ||||||||||||||||||
Bermuda: 0.0% |
|||||||||||||||||||
6,361 |
Other Securities |
39,184 | 0.0 | ||||||||||||||||
Brazil: 0.5% |
|||||||||||||||||||
146,939 |
Other Securities |
1,424,114 | 0.5 | ||||||||||||||||
Canada: 4.0% |
|||||||||||||||||||
43,500 |
Dorel Industries, Inc. |
1,316,207 | 0.5 | ||||||||||||||||
1,125,815 |
Other Securities |
9,273,723 | 3.5 | ||||||||||||||||
10,589,930 | 4.0 | ||||||||||||||||||
China: 2.8% |
|||||||||||||||||||
2,366,000 |
GZI Transport Ltd. |
1,138,648 | 0.5 | ||||||||||||||||
16,740,388 |
Other Securities(a) |
6,140,226 | 2.3 | ||||||||||||||||
7,278,874 | 2.8 | ||||||||||||||||||
Denmark: 0.7% |
|||||||||||||||||||
60,914 |
Other Securities |
1,717,549 | 0.7 | ||||||||||||||||
Egypt: 0.0% |
|||||||||||||||||||
22,862 |
Other Securities |
44,924 | 0.0 | ||||||||||||||||
Finland: 0.1% |
|||||||||||||||||||
41,224 |
Other Securities |
237,517 | 0.1 | ||||||||||||||||
France: 4.0% |
|||||||||||||||||||
40,000 |
Bourbon SA |
1,171,610 | 0.5 | ||||||||||||||||
160,000 |
Groupe Eurotunnel S.A. |
1,346,177 | 0.5 | ||||||||||||||||
499,495 |
Other Securities |
7,880,230 | 3.0 | ||||||||||||||||
10,398,017 | 4.0 | ||||||||||||||||||
Germany: 7.7% |
|||||||||||||||||||
31,742 |
Aurubis AG |
1,766,661 | 0.6 | ||||||||||||||||
28,338 |
Bechtle AG |
1,276,440 | 0.5 | ||||||||||||||||
18,414 |
Draegerwerk AG & Co. KGaA |
2,074,217 | 0.8 | ||||||||||||||||
90,000 |
Freenet AG |
1,565,252 | 0.6 | ||||||||||||||||
32,000 |
Rheinmetall AG |
1,798,211 | 0.7 | ||||||||||||||||
COMMON STOCK: (continued) |
|||||||||||||||||||
Germany: (continued) |
|||||||||||||||||||
70,000 |
@ |
Tom Tailor Holding AG |
$ | 1,302,353 | 0.5 | ||||||||||||||
565,832 |
Other Securities(a) |
10,543,396 | 4.0 | ||||||||||||||||
20,326,530 | 7.7 | ||||||||||||||||||
Hong Kong: 4.2% |
|||||||||||||||||||
1,021,500 |
Techtronic Industries Co. |
1,226,077 | 0.5 | ||||||||||||||||
49,596,821 |
Other Securities |
9,886,966 | 3.7 | ||||||||||||||||
11,113,043 | 4.2 | ||||||||||||||||||
India: 0.9% |
|||||||||||||||||||
934,949 |
Other Securities |
2,435,791 | 0.9 | ||||||||||||||||
Indonesia: 0.6% |
|||||||||||||||||||
16,224,000 |
Ciputra Property TBK PT |
1,393,405 | 0.5 | ||||||||||||||||
8,253,500 |
Other Securities |
259,091 | 0.1 | ||||||||||||||||
1,652,496 | 0.6 | ||||||||||||||||||
Ireland: 1.8% |
|||||||||||||||||||
60,000 |
DCC Plc |
1,509,314 | 0.6 | ||||||||||||||||
686,430 |
Other Securities |
3,248,717 | 1.2 | ||||||||||||||||
4,758,031 | 1.8 | ||||||||||||||||||
Israel: 0.1% |
|||||||||||||||||||
36,957 |
Other Securities |
189,081 | 0.1 | ||||||||||||||||
Italy: 2.9% |
|||||||||||||||||||
140,000 |
Azimut Holding S.p.A. |
1,375,392 | 0.5 | ||||||||||||||||
1,381,912 |
Other Securities |
6,156,299 | 2.4 | ||||||||||||||||
7,531,691 | 2.9 | ||||||||||||||||||
Japan: 20.4% |
|||||||||||||||||||
306,000 |
JFE Shoji Trade Corp. |
1,518,457 | 0.6 | ||||||||||||||||
1,566,000 |
@ |
Kanematsu Corp. |
1,870,144 | 0.7 | |||||||||||||||
58,000 |
Modec, Inc. |
1,213,499 | 0.5 | ||||||||||||||||
55,900 |
Musashi Seimitsu Industry Co., Ltd. |
1,308,670 | 0.5 | ||||||||||||||||
80,000 |
Nihon Parkerizing Co., Ltd. |
1,194,750 | 0.4 | ||||||||||||||||
138,000 |
Nippo Corp. |
1,419,846 | 0.5 | ||||||||||||||||
61,300 |
Trusco Nakayama Corp. |
1,300,184 | 0.5 | ||||||||||||||||
68,634 |
Unipres Corp. |
2,156,975 | 0.8 | ||||||||||||||||
1,018,000 |
Yuasa Trading Co., Ltd. |
1,764,372 | 0.7 | ||||||||||||||||
6,446,924 |
Other Securities(a) |
40,096,284 | 15.2 | ||||||||||||||||
53,843,181 | 20.4 | ||||||||||||||||||
Malaysia: 1.0% |
|||||||||||||||||||
853,572 |
Kulim Malaysia BHD |
1,190,455 | 0.4 | ||||||||||||||||
2,117,000 |
Other Securities |
1,528,123 | 0.6 | ||||||||||||||||
2,718,578 | 1.0 | ||||||||||||||||||
Mexico: 0.1% |
|||||||||||||||||||
90,600 |
Other Securities |
357,686 | 0.1 | ||||||||||||||||
Netherlands: 2.9% |
|||||||||||||||||||
110,000 |
Delta Lloyd NV |
1,855,179 | 0.7 | ||||||||||||||||
69,500 |
Imtech NV |
1,965,324 | 0.7 | ||||||||||||||||
39,500 |
Ten Cate NV |
1,206,009 | 0.5 | ||||||||||||||||
499,821 |
Other Securities |
2,706,326 | 1.0 | ||||||||||||||||
7,732,838 | 2.9 |
Shares |
|
|
|
Value |
|
Percentage of Net Assets | ||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: (continued) |
||||||||||||||||||||||||||
New Zealand: 1.1% |
||||||||||||||||||||||||||
328,324 |
Fletcher Building Ltd. |
$ | 1,674,979 | 0.6 | ||||||||||||||||||||||
392,395 |
Other Securities |
1,177,128 | 0.5 | |||||||||||||||||||||||
2,852,107 | 1.1 | |||||||||||||||||||||||||
Norway: 0.7% |
||||||||||||||||||||||||||
781,264 |
Other Securities(a) |
1,947,197 | 0.7 | |||||||||||||||||||||||
Pakistan: 0.1% |
||||||||||||||||||||||||||
1,375,131 |
Other Securities |
246,184 | 0.1 | |||||||||||||||||||||||
Philippines: 0.2% |
||||||||||||||||||||||||||
132,990 |
Other Securities |
425,914 | 0.2 | |||||||||||||||||||||||
Poland: 0.1% |
||||||||||||||||||||||||||
101,700 |
Other Securities |
150,853 | 0.1 | |||||||||||||||||||||||
Russia: 0.1% |
||||||||||||||||||||||||||
120,000 |
Other Securities |
270,619 | 0.10 | |||||||||||||||||||||||
Singapore: 2.7% |
||||||||||||||||||||||||||
239,618 |
@ |
Flextronics International Ltd. |
1,595,856 | 0.6 | ||||||||||||||||||||||
6,849,039 |
Other Securities |
5,484,576 | 2.1 | |||||||||||||||||||||||
7,080,432 | 2.7 | |||||||||||||||||||||||||
South Africa: 0.1% |
||||||||||||||||||||||||||
131,169 |
Other Securities |
371,484 | 0.10 | |||||||||||||||||||||||
South Korea: 3.1% |
||||||||||||||||||||||||||
27,840 |
Hankook Tire Co. Ltd |
1,174,450 | 0.4 | |||||||||||||||||||||||
7,920 |
Mando Corp. |
1,261,270 | 0.5 | |||||||||||||||||||||||
17,584 |
SeAH Steel Corp. |
1,367,699 | 0.5 | |||||||||||||||||||||||
483,739 |
Other Securities |
4,378,245 | 1.7 | |||||||||||||||||||||||
8,181,664 | 3.1 | |||||||||||||||||||||||||
Spain: 0.2% |
||||||||||||||||||||||||||
39,797 |
Other Securities |
502,831 | 0.2 | |||||||||||||||||||||||
Sweden: 1.2% |
||||||||||||||||||||||||||
208,096 |
Byggmax Group AB |
1,315,633 | 0.5 | |||||||||||||||||||||||
468,069 |
Other Securities |
1,844,455 | 0.7 | |||||||||||||||||||||||
3,160,088 | 1.2 | |||||||||||||||||||||||||
Switzerland: 3.8% |
||||||||||||||||||||||||||
3,834 |
@ |
Forbo Holding AG |
2,774,060 | 1.0 | ||||||||||||||||||||||
42,000 |
@ |
Gategroup Holding AG |
1,424,336 | 0.5 | ||||||||||||||||||||||
4,430 |
Helvetia Holding AG |
1,588,941 | 0.6 | |||||||||||||||||||||||
6,054 |
Valora Holding AG |
1,269,488 | 0.5 | |||||||||||||||||||||||
51,858 |
Other Securities |
3,059,221 | 1.2 | |||||||||||||||||||||||
10,116,046 | 3.8 | |||||||||||||||||||||||||
Taiwan: 1.7% |
||||||||||||||||||||||||||
7,355,113 |
Other Securities |
4,474,642 | 1.7 | |||||||||||||||||||||||
Thailand: 1.1% |
||||||||||||||||||||||||||
2,422,600 |
Other Securities |
2,847,597 | 1.1 | |||||||||||||||||||||||
COMMON STOCK: (continued) |
||||||||||||||||||||||||||
Turkey: 0.2% |
||||||||||||||||||||||||||
376,010 |
Other Securities |
$ | 636,270 | 0.2 | ||||||||||||||||||||||
United Arab Emirates: 0.3% |
||||||||||||||||||||||||||
140,000 |
Other Securities |
791,900 | 0.3 | |||||||||||||||||||||||
United Kingdom: 17.0% |
||||||||||||||||||||||||||
250,000 |
Devro PLC |
1,251,146 | 0.5 | |||||||||||||||||||||||
249,497 |
Drax Group PLC |
2,198,440 | 0.8 | |||||||||||||||||||||||
708,979 |
@ |
EnQuest PLC |
1,458,531 | 0.6 | ||||||||||||||||||||||
254,900 |
Investec PLC |
1,463,850 | 0.6 | |||||||||||||||||||||||
488,956 |
Senior Plc |
1,690,625 | 0.6 | |||||||||||||||||||||||
17,292,150 |
Other Securities |
36,718,322 | 13.9 | |||||||||||||||||||||||
44,780,914 | 17.0 | |||||||||||||||||||||||||
United States: 0.4% |
||||||||||||||||||||||||||
359,481 |
Other Securities |
1,053,018 | 0.4 | |||||||||||||||||||||||
Total
Common Stock |
||||||||||||||||||||||||||
(Cost
$238,846,461) |
259,301,614 | 98.4 | ||||||||||||||||||||||||
RIGHTS: 0.1% |
||||||||||||||||||||||||||
Israel: 0.0% |
||||||||||||||||||||||||||
4,275 |
Other Securities |
957 | 0.0 | |||||||||||||||||||||||
United Kingdom: 0.1% |
||||||||||||||||||||||||||
36,000 |
Other Securities |
91,727 | 0.1 | |||||||||||||||||||||||
Total
Rights |
||||||||||||||||||||||||||
(Cost
$) |
92,684 | 0.1 | ||||||||||||||||||||||||
Total
Long-Term Investments |
||||||||||||||||||||||||||
(Cost
$238,846,461) |
259,394,298 | 98.5 | ||||||||||||||||||||||||
Principal Amount |
|
|
|
Value |
|
Percentage of Net Assets |
|
|
||||||||||||||||||
SHORT-TERM INVESTMENTS: 0.7% |
||||||||||||||||||||||||||
Securities Lending Collateralcc(1): 0.3% |
||||||||||||||||||||||||||
741,188 |
Morgan Stanley, Repurchase Agreement dated 04/30/12, 0.22%, due 05/01/12 (Repurchase Amount $741,192,
collateralized by various U.S. Government and U.S. Government Agency Obligations, 0.000%8.000%, Market Value plus accrued interest $756,012, due
05/15/1204/01/44) (Cost $741,188) |
741,188 | 0.3 |
Shares |
|
|
|
Value |
|
Percentage of Net Assets |
||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mutual Funds: 0.4% |
||||||||||||||||||
1,149,559 |
BlackRock Liquidity Funds, TempFund, Institutional Class (Cost $1,149,559) |
$ | 1,149,559 | 0.4 | ||||||||||||||
Total
Short-Term Investments (Cost $1,890,747) |
1,890,747 | 0.7 | ||||||||||||||||
Total Investments in Securities (Cost $240,737,208) |
$ | 261,285,045 | 99.2 | |||||||||||||||
Assets in Excess of Other Liabilities |
2,211,089 | 0.8 | ||||||||||||||||
Net Assets |
$ | 263,496,134 | 100.0 |
|
Unless otherwise indicated, principal amount is shown in USD. |
@ |
Non-income producing security |
cc |
Securities purchased with cash collateral for securities loaned. |
(1) |
Collateral received from brokers for securities lending was invested into these short-term investments. |
(a) |
This grouping contains securities on loan. |
Cost for federal income tax purposes is $242,489,844. |
Net unrealized
appreciation consists of: |
||||||
Gross
Unrealized Appreciation |
$ | 51,691,269 | ||||
Gross
Unrealized Depreciation |
(32,896,068 | ) | ||||
Net
Unrealized Appreciation |
$ | 18,795,201 |
Sector Diversification |
Percentage of Net Assets |
|||||
---|---|---|---|---|---|---|
Consumer
Discretionary |
18.7 | % | ||||
Consumer
Staples |
5.9 | |||||
Energy |
5.7 | |||||
Financials |
12.1 | |||||
Health
Care |
4.5 | |||||
Industrials |
24.2 | |||||
Information
Technology |
11.9 | |||||
Materials |
12.3 | |||||
Rights |
0.1 | |||||
Telecommunication Services |
0.0 | |||||
Telecommunications |
1.9 | |||||
Utilities |
1.2 | |||||
Short-Term
Investments |
0.7 | |||||
Assets in
Excess of Other Liabilities |
0.8 | |||||
Net
Assets |
100.0 | % |
Quoted Prices in Active Markets for Identical Investments (Level 1) |
Significant Other Observable Inputs # (Level 2) |
Significant Unobservable Inputs (Level 3) |
Fair Value at 4/30/2012 |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset
Table |
||||||||||||||||||
Investments,
at value |
||||||||||||||||||
Common
Stock |
||||||||||||||||||
Australia |
$ | 836,120 | $ | 16,161,814 | $ | | $ | 16,997,934 | ||||||||||
Austria |
| 4,907,355 | | 4,907,355 | ||||||||||||||
Belgium |
| 3,117,510 | | 3,117,510 | ||||||||||||||
Bermuda |
39,184 | | | 39,184 | ||||||||||||||
Brazil |
1,424,114 | | | 1,424,114 | ||||||||||||||
Canada |
10,558,501 | 31,429 | | 10,589,930 | ||||||||||||||
China |
1,967,895 | 5,284,986 | 25,993 | 7,278,874 | ||||||||||||||
Denmark |
| 1,717,549 | | 1,717,549 | ||||||||||||||
Egypt |
44,924 | | | 44,924 | ||||||||||||||
Finland |
| 237,517 | | 237,517 | ||||||||||||||
France |
196,792 | 10,201,225 | | 10,398,017 | ||||||||||||||
Germany |
1,397,961 | 18,928,569 | | 20,326,530 | ||||||||||||||
Hong
Kong |
10,773 | 10,106,751 | 995,519 | 11,113,043 | ||||||||||||||
India |
| 2,389,474 | 46,317 | 2,435,791 | ||||||||||||||
Indonesia |
| 1,652,496 | | 1,652,496 | ||||||||||||||
Ireland |
1,737,683 | 3,020,348 | | 4,758,031 | ||||||||||||||
Israel |
| 189,081 | | 189,081 | ||||||||||||||
Italy |
560,499 | 6,971,192 | | 7,531,691 | ||||||||||||||
Japan |
145,401 | 53,697,780 | | 53,843,181 | ||||||||||||||
Malaysia |
| 2,718,578 | | 2,718,578 | ||||||||||||||
Mexico |
357,686 | | | 357,686 | ||||||||||||||
Netherlands |
67,608 | 7,665,230 | | 7,732,838 | ||||||||||||||
New
Zealand |
| 2,852,107 | | 2,852,107 | ||||||||||||||
Norway |
1,091,583 | 855,614 | | 1,947,197 |
Quoted Prices in Active Markets for Identical Investments (Level 1) |
Significant Other Observable Inputs # (Level 2) |
Significant Unobservable Inputs (Level 3) |
Fair Value at 4/30/2012 | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Pakistan |
$ | 37,850 | $ | 208,334 | $ | | $ | 246,184 | ||||||||||
Philippines |
| 425,914 | | 425,914 | ||||||||||||||
Poland |
| 150,853 | | 150,853 | ||||||||||||||
Russia |
| 270,619 | | 270,619 | ||||||||||||||
Singapore |
1,595,856 | 5,484,576 | | 7,080,432 | ||||||||||||||
South
Africa |
| 371,484 | | 371,484 | ||||||||||||||
South
Korea |
60,967 | 8,120,697 | | 8,181,664 | ||||||||||||||
Spain |
22,883 | 479,948 | | 502,831 | ||||||||||||||
Sweden |
179,653 | 2,980,435 | | 3,160,088 | ||||||||||||||
Switzerland |
1,162,618 | 8,953,428 | | 10,116,046 | ||||||||||||||
Taiwan |
531,498 | 3,943,144 | | 4,474,642 | ||||||||||||||
Thailand |
| 2,847,597 | | 2,847,597 | ||||||||||||||
Turkey |
| 636,270 | | 636,270 | ||||||||||||||
United Arab
Emirates |
| 791,900 | | 791,900 | ||||||||||||||
United
Kingdom |
3,192,416 | 41,588,498 | | 44,780,914 | ||||||||||||||
United
States |
1,053,018 | | | 1,053,018 | ||||||||||||||
Total Common
Stock |
28,273,483 | 229,960,302 | 1,067,829 | 259,301,614 | ||||||||||||||
Rights |
92,684 | | | 92,684 | ||||||||||||||
Short-Term
Investments |
1,149,559 | 741,188 | | 1,890,747 | ||||||||||||||
Total
Investments, at value |
$ | 29,515,726 | $ | 230,701,490 | $ | 1,067,829 | $ | 261,285,045 |
ˆ |
See Note 2, Significant Accounting Policies in the Notes to Financial Statements for additional information. |
# |
The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Fund may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Funds investments are categorized as Level 2 investments. |
Beginning Balance on 10/31/2011 |
Purchases |
Sales |
Accrued Discounts/ (Premiums) |
Total Realized Gain (Loss) |
Total Unrealized Appreciation (Depreciation) |
Transfers into Level 3 |
Transfers Out of Level 3 |
Ending Balance on 4/30/2012 |
||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset
Table |
||||||||||||||||||||||||||||||||||||||
Investments,
at value |
||||||||||||||||||||||||||||||||||||||
Common
Stock |
$ | 178,430 | $ | | $ | | $ | | $ | | $ | (46,001 | ) | $ | 978,975 | $ | (43,575 | ) | $ | 1,067,829 | ||||||||||||||||||
Total
Investments, at value |
$ | 178,430 | $ | | $ | | $ | | $ | | $ | (46,001 | ) | $ | 978,975 | $ | (43,575 | ) | $ | 1,067,829 |
Amount of Realized Gain or (Loss) on Derivatives Recognized in Income |
||||||||||
---|---|---|---|---|---|---|---|---|---|---|
Derivatives not accounted for as hedging
instruments |
Foreign currency related transactions* |
|||||||||
Foreign exchange
contracts |
$ | 40,109 | ||||||||
Total |
$ | 40,109 |
Change in Unrealized Appreciation or (Depreciation) on Derivatives Recognized in Income |
||||||||||
---|---|---|---|---|---|---|---|---|---|---|
Derivatives not accounted for as hedging
instruments |
Foreign currency related transactions* |
|||||||||
Foreign exchange
contracts |
$ | 11,635 | ||||||||
Total |
$ | 11,635 |
* |
Amounts recognized for forward foreign currency contracts are included in net realized gain (loss) on foreign currency related transactions and net change in unrealized appreciation or depreciation on foreign currency related transactions. |
Shares |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 96.8% |
|||||||||||||||||||
Australia: 3.5% |
|||||||||||||||||||
24,119 |
Newcrest Mining Ltd. |
$ | 657,244 | 2.5 | |||||||||||||||
232,116 |
Other Securities |
277,253 | 1.0 | ||||||||||||||||
934,497 | 3.5 | ||||||||||||||||||
Belgium: 2.8% |
|||||||||||||||||||
17,591 |
Belgacom S.A. |
499,850 | 1.8 | ||||||||||||||||
143,770 |
Other Securities |
261,982 | 1.0 | ||||||||||||||||
761,832 | 2.8 | ||||||||||||||||||
Brazil: 1.4% |
|||||||||||||||||||
6,600 |
Centrais Eletricas Brasileiras SA |
56,473 | 0.2 | ||||||||||||||||
28,198 |
Centrais Eletricas Brasileiras SA ADR |
336,966 | 1.2 | ||||||||||||||||
393,439 | 1.4 | ||||||||||||||||||
Canada: 13.4% |
|||||||||||||||||||
21,252 |
Barrick Gold Corp. |
859,218 | 3.2 | ||||||||||||||||
34,339 |
Cameco Corp. |
758,892 | 2.8 | ||||||||||||||||
65,355 |
Kinross Gold Corp. |
584,927 | 2.2 | ||||||||||||||||
30,563 |
Nexen, Inc. |
591,394 | 2.2 | ||||||||||||||||
9,949 |
Niko Resources Ltd. |
419,170 | 1.5 | ||||||||||||||||
30,427 |
Talisman Energy, Inc. |
397,377 | 1.5 | ||||||||||||||||
3,610,978 | 13.4 | ||||||||||||||||||
Finland: 1.4% |
|||||||||||||||||||
104,439 |
Nokia OYJ ADR |
381,202 | 1.4 | ||||||||||||||||
France: 11.4% |
|||||||||||||||||||
8,470 |
Alstom |
302,926 | 1.1 | ||||||||||||||||
16,106 |
@ |
Areva SA |
281,950 | 1.1 | |||||||||||||||
32,347 |
Carrefour S.A. |
649,736 | 2.4 | ||||||||||||||||
17,393 |
Electricite de France SA |
368,487 | 1.4 | ||||||||||||||||
9,643 |
Sanofi-Aventis |
736,548 | 2.7 | ||||||||||||||||
12,543 |
Thales S.A. |
434,843 | 1.6 | ||||||||||||||||
15,805 |
Vivendi |
292,337 | 1.1 | ||||||||||||||||
3,066,827 | 11.4 | ||||||||||||||||||
Germany: 3.2% |
|||||||||||||||||||
4,124 |
Allianz AG |
459,995 | 1.7 | ||||||||||||||||
4,311 |
Siemens AG |
400,148 | 1.5 | ||||||||||||||||
860,143 | 3.2 | ||||||||||||||||||
Indonesia: 0.5% |
|||||||||||||||||||
3,803 |
Other Securities |
137,707 | 0.5 | ||||||||||||||||
Italy: 2.9% |
|||||||||||||||||||
828,571 |
@ |
Telecom Italia S.p.A. RNC |
776,062 | 2.9 | |||||||||||||||
Japan: 29.4% |
|||||||||||||||||||
108,390 |
Chuo Mitsui Trust Holdings, Inc. |
317,533 | 1.2 | ||||||||||||||||
29,800 |
Coca-Cola West Co., Ltd. |
537,899 | 2.0 | ||||||||||||||||
74,000 |
Dai Nippon Printing Co., Ltd. |
656,742 | 2.4 | ||||||||||||||||
22,300 |
Fuji Photo Film Co., Ltd. |
472,992 | 1.8 | ||||||||||||||||
12,800 |
Mabuchi Motor Co., Ltd. |
535,483 | 2.0 | ||||||||||||||||
33,500 |
Mitsui Sumitomo Insurance Group Holdings, Inc. |
617,610 | 2.3 | ||||||||||||||||
COMMON STOCK: (continued) |
|||||||||||||||||||
Japan: (continued) |
|||||||||||||||||||
2,800 |
Nintendo Co., Ltd. |
$ | 377,955 | 1.4 | |||||||||||||||
32,622 |
Nippon Telegraph & Telephone Corp. ADR |
735,626 | 2.7 | ||||||||||||||||
8,400 |
Rohm Co., Ltd. |
378,829 | 1.4 | ||||||||||||||||
7,800 |
Sankyo Co., Ltd. |
376,079 | 1.4 | ||||||||||||||||
46,000 |
Sekisui House Ltd. |
426,438 | 1.6 | ||||||||||||||||
14,700 |
Seven & I Holdings Co., Ltd. |
444,972 | 1.6 | ||||||||||||||||
30,000 |
Shiseido Co., Ltd. |
525,213 | 1.9 | ||||||||||||||||
5,172 |
Toyota Motor Corp. ADR |
422,966 | 1.6 | ||||||||||||||||
32,000 |
Wacoal Holdings Corp. |
371,165 | 1.4 | ||||||||||||||||
85,500 |
Other Securities |
721,748 | 2.7 | ||||||||||||||||
7,919,250 | 29.4 | ||||||||||||||||||
Netherlands: 1.6% |
|||||||||||||||||||
25,683 |
Wolters Kluwer NV |
443,991 | 1.6 | ||||||||||||||||
Norway: 1.2% |
|||||||||||||||||||
623,957 |
Marine Harvest |
320,235 | 1.2 | ||||||||||||||||
Russia: 1.5% |
|||||||||||||||||||
36,432 |
Gazprom OAO ADR |
420,425 | 1.5 | ||||||||||||||||
South Africa: 4.3% |
|||||||||||||||||||
16,892 |
AngloGold Ashanti Ltd ADR |
580,747 | 2.1 | ||||||||||||||||
35,536 |
Gold Fields Ltd. |
455,212 | 1.7 | ||||||||||||||||
6,966 |
Other Securities |
135,984 | 0.5 | ||||||||||||||||
1,171,943 | 4.3 | ||||||||||||||||||
South Korea: 4.4% |
|||||||||||||||||||
43,950 |
Korea Electric Power Corp. ADR |
417,525 | 1.5 | ||||||||||||||||
57,022 |
SK Telecom Co., Ltd. ADR |
770,937 | 2.9 | ||||||||||||||||
1,188,462 | 4.4 | ||||||||||||||||||
Sweden: 1.1% |
|||||||||||||||||||
30,841 |
Telefonaktiebolaget LM Ericsson ADR |
308,256 | 1.1 | ||||||||||||||||
Switzerland: 1.9% |
|||||||||||||||||||
40,529 |
@ |
UBS AG |
501,344 | 1.9 | |||||||||||||||
United Kingdom: 9.3% |
|||||||||||||||||||
14,783 |
AstraZeneca PLC |
647,813 | 2.4 | ||||||||||||||||
28,941 |
GlaxoSmithKline PLC |
668,581 | 2.5 | ||||||||||||||||
180,203 |
Home Retail Group |
311,746 | 1.1 | ||||||||||||||||
92,452 |
@ |
Polyus Gold International Ltd. GDR |
286,601 | 1.1 | |||||||||||||||
210,535 |
Vodafone Group PLC |
582,754 | 2.2 | ||||||||||||||||
2,497,495 | 9.3 | ||||||||||||||||||
United States: 1.6% |
|||||||||||||||||||
12,526 |
Axis Capital Holdings Ltd. |
426,135 | 1.6 | ||||||||||||||||
Total
Common Stock |
|||||||||||||||||||
(Cost
$29,958,043) |
26,120,223 | 96.8 |
Shares |
|
|
|
Value |
|
Percentage of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHORT-TERM INVESTMENTS: 1.6% |
|||||||||||||||||||
Mutual Funds: 1.6% |
|||||||||||||||||||
423,849 |
BlackRock Liquidity Funds, TempFund, Institutional Class (Cost $423,849) |
$ | 423,849 | 1.6 | |||||||||||||||
Total
Short-Term Investments (Cost $423,849) |
423,849 | 1.6 | |||||||||||||||||
Total Investments in Securities (Cost $30,381,892) |
$ | 26,544,072 | 98.4 | ||||||||||||||||
Assets in Excess of Other Liabilities |
422,530 | 1.6 | |||||||||||||||||
Net Assets |
$ | 26,966,602 | 100.0 |
@ |
Non-income producing security |
ADR |
American Depositary Receipt |
GDR |
Global Depositary Receipt |
Cost for federal income tax purposes is $31,481,288. |
Net unrealized
depreciation consists of: |
||||||
Gross
Unrealized Appreciation |
$ | 1,760,729 | ||||
Gross
Unrealized Depreciation |
(6,697,945 | ) | ||||
Net
Unrealized Depreciation |
$ | (4,937,216 | ) |
Sector Diversification |
Percentage of Net Assets |
|||||
---|---|---|---|---|---|---|
Consumer
Discretionary |
9.6 | % | ||||
Consumer
Staples |
9.1 | |||||
Energy |
10.6 | |||||
Financials |
9.7 | |||||
Health
Care |
8.5 | |||||
Industrials |
9.5 | |||||
Information
Technology |
7.1 | |||||
Materials |
14.3 | |||||
Telecommunications |
14.1 | |||||
Utilities |
4.3 | |||||
Short-Term
Investments |
1.6 | |||||
Assets in
Excess of Other Liabilities |
1.6 | |||||
Net
Assets |
100.0 | % |
Quoted Prices in Active Markets for Identical Investments (Level 1) |
Significant Other Observable Inputs # (Level 2) |
Significant Unobservable Inputs (Level 3) |
Fair Value at 4/30/2012 |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset
Table |
||||||||||||||||||
Investments,
at value |
||||||||||||||||||
Common
Stock |
||||||||||||||||||
Australia |
$ | | $ | 934,497 | $ | | $ | 934,497 | ||||||||||
Belgium |
| 761,832 | | 761,832 | ||||||||||||||
Brazil393,439 |
| | 393,439 | |||||||||||||||
Canada |
3,610,978 | | | 3,610,978 | ||||||||||||||
Finland |
381,202 | | | 381,202 | ||||||||||||||
France |
281,950 | 2,784,877 | | 3,066,827 | ||||||||||||||
Germany |
| 860,143 | | 860,143 | ||||||||||||||
Indonesia |
137,707 | | | 137,707 | ||||||||||||||
Italy |
| 776,062 | | 776,062 | ||||||||||||||
Japan |
1,158,592 | 6,760,658 | | 7,919,250 | ||||||||||||||
Netherlands |
| 443,991 | | 443,991 | ||||||||||||||
Norway |
| 320,235 | | 320,235 | ||||||||||||||
Russia |
420,425 | | | 420,425 | ||||||||||||||
South
Africa |
580,747 | 591,196 | | 1,171,943 | ||||||||||||||
South
Korea |
1,188,462 | | | 1,188,462 | ||||||||||||||
Sweden |
308,256 | | | 308,256 | ||||||||||||||
Switzerland |
501,344 | | | 501,344 | ||||||||||||||
United
Kingdom |
286,601 | 2,210,894 | | 2,497,495 | ||||||||||||||
United
States |
426,135 | | | 426,135 | ||||||||||||||
Total Common
Stock |
9,675,838 | 16,444,385 | | 26,120,223 | ||||||||||||||
Short-Term
Investments |
423,849 | | | 423,849 | ||||||||||||||
Total
Investments, at value |
$ | 10,099,687 | $ | 16,444,385 | $ | | $ | 26,544,072 |
ˆ |
See Note 2, Significant Accounting Policies in the Notes to Financial Statements for additional information. |
# |
The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Fund may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Funds investments are categorized as Level 2 investments. |
Shares |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 97.6% |
|||||||||||||||||||
Australia: 1.5% |
|||||||||||||||||||
375,340 |
Other Securities |
$ | 8,363,591 | 1.5 | |||||||||||||||
Belgium: 1.1% |
|||||||||||||||||||
133,329 |
Belgacom S.A. |
3,788,559 | 0.7 | ||||||||||||||||
124,258 |
Other Securities |
2,408,989 | 0.4 | ||||||||||||||||
6,197,548 | 1.1 | ||||||||||||||||||
Brazil: 1.6% |
|||||||||||||||||||
555,032 |
Other Securities |
9,219,228 | 1.6 | ||||||||||||||||
Canada: 1.7% |
|||||||||||||||||||
94,700 |
Barrick Gold Corp. |
3,828,721 | 0.7 | ||||||||||||||||
321,300 |
Other Securities |
5,615,300 | 1.0 | ||||||||||||||||
9,444,021 | 1.7 | ||||||||||||||||||
China: 1.6% |
|||||||||||||||||||
9,391,000 |
Other Securities |
9,042,082 | 1.6 | ||||||||||||||||
Finland: 0.9% |
|||||||||||||||||||
962,442 |
Other Securities |
4,791,888 | 0.9 | ||||||||||||||||
France: 7.7% |
|||||||||||||||||||
317,435 |
France Telecom S.A. |
4,351,409 | 0.8 | ||||||||||||||||
178,697 |
Sanofi-Aventis |
13,649,171 | 2.4 | ||||||||||||||||
183,420 |
Total S.A. |
8,804,804 | 1.5 | ||||||||||||||||
729,781 |
Other Securities |
16,828,527 | 3.0 | ||||||||||||||||
43,633,911 | 7.7 | ||||||||||||||||||
Germany: 6.0% |
|||||||||||||||||||
252,093 |
Deutsche Post AG |
4,707,557 | 0.8 | ||||||||||||||||
481,861 |
Deutsche Telekom AG |
5,432,839 | 1.0 | ||||||||||||||||
70,837 |
Hannover Rueckversicheru Reg |
4,286,858 | 0.8 | ||||||||||||||||
92,315 |
Siemens AG |
8,568,694 | 1.5 | ||||||||||||||||
259,182 |
Other Securities |
10,658,712 | 1.9 | ||||||||||||||||
33,654,660 | 6.0 | ||||||||||||||||||
Hong Kong: 1.3% |
|||||||||||||||||||
8,105,800 |
Other Securities |
7,268,333 | 1.3 | ||||||||||||||||
Israel: 0.5% |
|||||||||||||||||||
268,244 |
Other Securities |
3,068,396 | 0.5 | ||||||||||||||||
Italy: 5.6% |
|||||||||||||||||||
432,795 |
ENI S.p.A. |
9,616,603 | 1.7 | ||||||||||||||||
2,917,707 |
@ |
Telecom Italia S.p.A. |
3,310,087 | 0.6 | |||||||||||||||
9,155,221 |
@ |
Telecom Italia S.p.A. RNC |
8,575,024 | 1.5 | |||||||||||||||
3,704,161 |
Other Securities |
10,391,157 | 1.8 | ||||||||||||||||
31,892,871 | 5.6 | ||||||||||||||||||
Japan: 24.2% |
|||||||||||||||||||
94,800 |
Canon, Inc. |
4,297,080 | 0.7 | ||||||||||||||||
625,000 |
Dai Nippon Printing Co., Ltd. |
5,546,809 | 1.0 | ||||||||||||||||
291,800 |
Fuji Photo Film Co., Ltd. |
6,189,195 | 1.1 | ||||||||||||||||
809,888 |
Hitachi Ltd. |
5,158,374 | 0.9 | ||||||||||||||||
COMMON STOCK: (continued) |
|||||||||||||||||||
Japan: (continued) |
|||||||||||||||||||
133,500 |
Honda Motor Co., Ltd. |
$ | 4,804,557 | 0.8 | |||||||||||||||
1,056 |
Japan Tobacco, Inc. |
5,849,910 | 1.0 | ||||||||||||||||
93,300 |
Mabuchi Motor Co., Ltd. |
3,903,171 | 0.7 | ||||||||||||||||
97,200 |
Nippon Telegraph & Telephone Corp. |
4,397,878 | 0.8 | ||||||||||||||||
444,200 |
Nissan Motor Co., Ltd. |
4,618,364 | 0.8 | ||||||||||||||||
2,240 |
NTT DoCoMo, Inc. |
3,824,802 | 0.7 | ||||||||||||||||
179,900 |
Omron Corp. |
3,822,111 | 0.7 | ||||||||||||||||
285,900 |
Seven & I Holdings Co., Ltd. |
8,654,248 | 1.5 | ||||||||||||||||
205,400 |
Sumitomo Mitsui Financial Group, Inc. |
6,572,550 | 1.2 | ||||||||||||||||
87,000 |
Takeda Pharmaceutical Co., Ltd. |
3,796,254 | 0.7 | ||||||||||||||||
281,200 |
Tokio Marine Holdings, Inc. |
7,194,114 | 1.3 | ||||||||||||||||
69,300 |
Tokyo Electron Ltd. |
3,840,335 | 0.7 | ||||||||||||||||
2,986,276 |
Other Securities |
54,173,482 | 9.6 | ||||||||||||||||
136,643,234 | 24.2 | ||||||||||||||||||
Mexico: 0.7% |
|||||||||||||||||||
223,344 |
Other Securities |
3,859,729 | 0.7 | ||||||||||||||||
Netherlands: 7.6% |
|||||||||||||||||||
259,624 |
Royal Dutch Shell PLC Class A |
9,259,750 | 1.6 | ||||||||||||||||
109,906 |
Royal Dutch Shell PLC Class B |
4,021,967 | 0.7 | ||||||||||||||||
216,359 |
@ |
Koninklijke Philips Electronics NV |
4,305,633 | 0.8 | |||||||||||||||
296,256 |
Unilever NV |
10,148,019 | 1.8 | ||||||||||||||||
248,166 |
Wolters Kluwer NV |
4,290,133 | 0.8 | ||||||||||||||||
1,078,585 |
Other Securities |
10,953,151 | 1.9 | ||||||||||||||||
42,978,653 | 7.6 | ||||||||||||||||||
Norway: 0.5% |
|||||||||||||||||||
110,120 |
Other Securities |
2,954,783 | 0.5 | ||||||||||||||||
Portugal: 0.7% |
|||||||||||||||||||
1,198,165 |
Other Securities (a) |
3,994,403 | 0.7 | ||||||||||||||||
Russia: 0.4% |
|||||||||||||||||||
33,400 |
Other Securities |
2,049,090 | 0.4 | ||||||||||||||||
Singapore: 1.5% |
|||||||||||||||||||
1,612,600 |
Other Securities |
8,286,743 | 1.5 | ||||||||||||||||
South Africa: 1.0% |
|||||||||||||||||||
292,586 |
Other Securities |
5,788,916 | 1.0 | ||||||||||||||||
South Korea: 1.5% |
|||||||||||||||||||
297,900 |
KT Corp. ADR |
3,828,015 | 0.7 | ||||||||||||||||
85,742 |
Other Securities |
4,556,337 | 0.8 | ||||||||||||||||
8,384,352 | 1.5 | ||||||||||||||||||
Shares |
|
|
|
Value |
|
Percentage of Net Assets | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: (continued) |
|||||||||||||||||||
Spain: 1.1% |
|||||||||||||||||||
820,623 |
Other Securities |
$ | 6,376,182 | 1.1 | |||||||||||||||
Sweden: 1.9% |
|||||||||||||||||||
761,520 |
@ |
Telefonaktiebolaget LM Ericsson |
7,549,301 | 1.3 | |||||||||||||||
197,845 |
Other Securities |
3,265,950 | 0.6 | ||||||||||||||||
10,815,251 | 1.9 | ||||||||||||||||||
Switzerland: 5.3% |
|||||||||||||||||||
75,646 |
Nestle S.A. |
4,636,289 | 0.8 | ||||||||||||||||
123,663 |
Novartis AG |
6,828,208 | 1.2 | ||||||||||||||||
34,837 |
Roche Holding AG Genusschein |
6,366,829 | 1.1 | ||||||||||||||||
93,384 |
@ |
Swiss Re Ltd. |
5,863,869 | 1.1 | |||||||||||||||
472,100 |
Other Securities |
5,959,717 | 1.1 | ||||||||||||||||
29,654,912 | 5.3 | ||||||||||||||||||
Thailand: 0.3% |
|||||||||||||||||||
308,000 |
Other Securities |
1,632,139 | 0.3 | ||||||||||||||||
United Kingdom: 19.4% |
|||||||||||||||||||
126,530 |
AstraZeneca PLC |
5,544,732 | 1.0 | ||||||||||||||||
885,312 |
BAE Systems PLC |
4,242,628 | 0.8 | ||||||||||||||||
1,638,604 |
Barclays PLC |
5,801,237 | 1.0 | ||||||||||||||||
201,686 |
BHP Billiton PLC |
6,492,660 | 1.2 | ||||||||||||||||
917,681 |
BP PLC |
6,629,431 | 1.2 | ||||||||||||||||
388,533 |
GlaxoSmithKline PLC |
8,975,708 | 1.6 | ||||||||||||||||
2,397,620 |
Home Retail Group |
4,147,815 | 0.7 | ||||||||||||||||
655,312 |
HSBC Holdings PLC |
5,915,626 | 1.0 | ||||||||||||||||
70,814 |
Rio Tinto PLC |
3,969,470 | 0.7 | ||||||||||||||||
163,695 |
Standard Chartered PLC |
4,001,637 | 0.7 | ||||||||||||||||
1,329,803 |
Tesco PLC |
6,852,055 | 1.2 | ||||||||||||||||
2,834,439 |
Vodafone Group PLC |
7,845,630 | 1.4 | ||||||||||||||||
12,967,252 |
Other Securities |
39,145,581 | 6.9 | ||||||||||||||||
109,564,210 | 19.4 | ||||||||||||||||||
United States: 2.0% |
|||||||||||||||||||
313,234 |
Other Securities |
11,342,361 | 2.0 | ||||||||||||||||
Total
Common Stock (Cost $603,391,460) |
550,901,487 | 97.6 | |||||||||||||||||
Principal Amount |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
SHORT-TERM INVESTMENTS: 0.2% |
|||||||||||||||||||
Securities Lending Collateralcc(1): 0.2% |
|||||||||||||||||||
163,203 |
Citigroup, Inc., Repurchase Agreement dated 04/30/12, 0.21%, due 05/01/12 (Repurchase Amount $163,204,
collateralized by various U.S. Government Agency Obligations, 3.500% 5.500%, Market Value plus accrued interest $166,467, due 04/15/2405/01/42) |
163,203 | 0.0 | ||||||||||||||||
SHORT-TERM INVESTMENTS: (continued) |
|||||||||||||||||||
Securities Lending Collateralcc(1): (continued) |
|||||||||||||||||||
1,000,000 |
Merrill Lynch & Co., Inc., Repurchase Agreement dated 04/30/12, 0.21%, due 05/01/12 (Repurchase
Amount $1,000,006, collateralized by various U.S. Government Agency Obligations, 4.000%, Market Value plus accrued interest $1,020,000, due
08/15/4112/20/41) |
$ | 1,000,000 | 0.2 | |||||||||||||||
1,163,203 | 0.2 | ||||||||||||||||||
Shares |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
Mutual Funds: 0.0% |
|||||||||||||||||||
67,101 |
BlackRock Liquidity Funds, TempFund, Institutional Class (Cost $67,101) |
67,101 | 0.0 | ||||||||||||||||
Total
Short-Term Investments Cost $1,230,304) |
1,230,304 | 0.2 | |||||||||||||||||
Total Investments in Securities (Cost $604,621,764) |
$ | 552,131,791 | 97.8 | ||||||||||||||||
Assets in Excess of Other Liabilities |
12,650,573 | 2.2 | |||||||||||||||||
Net Assets |
$ | 564,782,364 | 100.0 |
@ |
Non-income producing security |
ADR |
American Depositary Receipt |
cc |
Securities purchased with cash collateral for securities loaned. |
(1) |
Collateral received from brokers for securities lending was invested into these short-term investments. |
(a) |
This grouping contains securities on loan. |
Cost for federal income tax purposes is $614,421,315. |
Net unrealized
depreciation consists of: |
||||||
Gross
Unrealized Appreciation |
$ | 44,304,621 | ||||
Gross
Unrealized Depreciation |
(106,594,145 | ) | ||||
Net
Unrealized Depreciation |
$ | (62,289,524 | ) |
Sector Diversification |
Percentage of Net Assets |
|||||
---|---|---|---|---|---|---|
Consumer
Discretionary |
8.0 | % | ||||
Consumer
Staples |
9.6 | |||||
Energy |
11.0 | |||||
Financials |
18.6 | |||||
Health
Care |
9.6 | |||||
Industrials |
8.4 | |||||
Information
Technology |
9.2 | |||||
Materials |
8.7 | |||||
Telecommunications |
11.6 | |||||
Utilities |
2.9 | |||||
Short-Term
Investments |
0.2 | |||||
Assets in
Excess of Other Liabilities |
2.2 | |||||
Net
Assets |
100.0 | % |
Quoted Prices in Active Markets for Identical Investments (Level 1) |
Significant Other Observable Inputs # (Level 2) |
Significant Unobservable Inputs (Level 3) |
Fair Value at 4/30/2012 |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset
Table |
||||||||||||||||||
Investments,
at value |
||||||||||||||||||
Common
Stock |
||||||||||||||||||
Australia |
$ | | $ | 8,363,591 | $ | | $ | 8,363,591 | ||||||||||
Belgium |
| 6,197,548 | | 6,197,548 | ||||||||||||||
Brazil |
9,219,228 | | | 9,219,228 | ||||||||||||||
Canada |
9,444,021 | | | 9,444,021 | ||||||||||||||
China |
| 9,042,082 | | 9,042,082 | ||||||||||||||
Finland |
| 4,791,888 | | 4,791,888 | ||||||||||||||
France |
| 43,633,911 | | 43,633,911 | ||||||||||||||
Germany |
| 33,654,660 | | 33,654,660 | ||||||||||||||
Hong
Kong |
| 6,568,450 | 699,883 | 7,268,333 | ||||||||||||||
Israel |
| 3,068,396 | | 3,068,396 | ||||||||||||||
Italy |
| 31,892,871 | | 31,892,871 | ||||||||||||||
Japan |
| 136,643,234 | | 136,643,234 | ||||||||||||||
Mexico |
3,859,729 | | | 3,859,729 | ||||||||||||||
Netherlands |
| 42,978,653 | | 42,978,653 | ||||||||||||||
Norway |
| 2,954,783 | | 2,954,783 | ||||||||||||||
Portugal |
| 3,994,403 | | 3,994,403 | ||||||||||||||
Russia |
2,049,090 | | | 2,049,090 | ||||||||||||||
Singapore |
| 8,286,743 | | 8,286,743 | ||||||||||||||
South
Africa |
| 5,788,916 | | 5,788,916 | ||||||||||||||
South
Korea |
3,828,015 | 4,556,337 | | 8,384,352 | ||||||||||||||
Spain |
| 6,376,182 | | 6,376,182 | ||||||||||||||
Sweden |
| 10,815,251 | | 10,815,251 | ||||||||||||||
Switzerland |
| 29,654,912 | | 29,654,912 | ||||||||||||||
Thailand |
| 1,632,139 | | 1,632,139 | ||||||||||||||
United
Kingdom |
8,616,774 | 100,947,436 | | 109,564,210 | ||||||||||||||
United
States |
11,342,361 | | | 11,342,361 | ||||||||||||||
Total Common
Stock |
48,359,218 | 501,842,386 | 699,883 | 550,901,487 | ||||||||||||||
Short-Term
Investments |
67,101 | 1,163,203 | | 1,230,304 | ||||||||||||||
Total
Investments, at value |
$ | 48,426,319 | $ | 503,005,589 | $ | 699,883 | $ | 552,131,791 |
# |
The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Fund may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Funds investments are categorized as Level 2 investments. |
Beginning Balance on 10/31/2011 |
Purchases |
Sales |
Accrued Discounts/ (Premiums) |
Total Realized Gain (Loss) |
Total Unrealized Appreciation (Depreciation) |
Transfers into Level 3 |
Transfers Out of Level 3 |
Ending Balance on 4/30/2012 |
||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset
Table |
||||||||||||||||||||||||||||||||||||||
Investments,
at value |
||||||||||||||||||||||||||||||||||||||
Common
Stock |
$ | 829,594 | $ | | $ | | $ | | $ | | $ | (129,711 | ) | $ | | $ | | $ | 699,883 | |||||||||||||||||||
Total
Investments, at value |
$ | 829,594 | $ | | $ | | $ | | $ | | $ | (129,711 | ) | $ | | $ | | $ | 699,883 |
Shares |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMMON STOCK: 99.0% |
|||||||||||||||||||
Consumer Discretionary: 0.7% |
|||||||||||||||||||
186,200 |
CTC Media, Inc. |
$ | 2,016,546 | 0.7 | |||||||||||||||
Consumer Staples: 8.5% |
|||||||||||||||||||
138,800 |
Magnit OAO |
17,476,270 | 5.8 | ||||||||||||||||
20,940 |
Magnit OJSC |
2,636,550 | 0.9 | ||||||||||||||||
100,000 |
#,@ |
MHP SA GDR |
1,370,809 | 0.5 | |||||||||||||||
152,400 |
@ |
X5 Retail Group N.V. GDR |
3,855,661 | 1.3 | |||||||||||||||
25,339,290 | 8.5 | ||||||||||||||||||
Energy: 42.6% |
|||||||||||||||||||
55,900 |
Eurasia Drilling Co. Ltd. GDR |
1,598,105 | 0.6 | ||||||||||||||||
3,768,600 |
Gazprom OAO |
21,696,824 | 7.3 | ||||||||||||||||
91,600 |
KazMunaiGas Exploration Production GDR |
1,827,964 | 0.6 | ||||||||||||||||
377,300 |
Lukoil OAO ADR |
23,147,355 | 7.7 | ||||||||||||||||
196,800 |
NovaTek OAO GDR |
25,127,761 | 8.4 | ||||||||||||||||
1,349,800 |
@ |
Rosneft Oil Co. GDR |
9,665,260 | 3.2 | |||||||||||||||
723,100 |
L |
Surgutneftegas OJSC ADR |
7,242,747 | 2.4 | |||||||||||||||
14,432,300 |
Surgutneftegas OJSC |
9,608,190 | 3.2 | ||||||||||||||||
302,833 |
Tatneft ADR |
11,240,972 | 3.8 | ||||||||||||||||
973,600 |
TNK-BP Holding |
2,978,081 | 1.0 | ||||||||||||||||
7,000 |
Transneft |
13,055,311 | 4.4 | ||||||||||||||||
127,188,570 | 42.6 | ||||||||||||||||||
Financials: 17.2% |
|||||||||||||||||||
445,000 |
@ |
Bank St Petersburg OJSC |
1,233,968 | 0.4 | |||||||||||||||
5,143 |
@ |
Halyk Savings Bank of Kazakhstan JSC GDR |
34,698 | 0.0 | |||||||||||||||
1,041,480 |
LSR Group GDR |
5,574,621 | 1.8 | ||||||||||||||||
93,900 |
@ |
NOMOS-BANK GDR |
1,262,503 | 0.4 | |||||||||||||||
10,612,821 |
@ |
Sberbank of Russian Federation |
33,961,749 | 11.4 | |||||||||||||||
2,263,600 |
VTB Bank OJSC GDR |
9,492,877 | 3.2 | ||||||||||||||||
51,560,416 | 17.2 | ||||||||||||||||||
Industrials: 1.2% |
|||||||||||||||||||
120,000 |
Global Ports Investment Ltd. GDR |
1,785,600 | 0.6 | ||||||||||||||||
95,900 |
Globaltrans Investment PLC GDR |
1,878,352 | 0.6 | ||||||||||||||||
3,663,952 | 1.2 | ||||||||||||||||||
Information Technology: 1.4% |
|||||||||||||||||||
58,600 |
@ |
Mail.ru Group Ltd. GDR |
2,534,336 | 0.9 | |||||||||||||||
65,100 |
@ |
Yandex NV |
1,544,172 | 0.5 | |||||||||||||||
4,078,508 | 1.4 | ||||||||||||||||||
Materials: 13.4% |
|||||||||||||||||||
100,000 |
@,L |
Mechel ADR |
340,000 | 0.1 | |||||||||||||||
251,800 |
@,L |
Mechel OAO ADR |
2,188,142 | 0.7 | |||||||||||||||
244,187 |
MMC Norilsk Nickel ADR |
4,344,016 | 1.4 | ||||||||||||||||
31,100 |
MMC Norilsk Nickel |
5,504,781 | 1.9 | ||||||||||||||||
1,451,500 |
Novolipetsk Steel |
3,134,800 | 1.1 | ||||||||||||||||
137,500 |
Petropavlovsk PLC |
1,066,854 | 0.4 | ||||||||||||||||
169,200 |
@ |
Polymetal International PLC |
2,512,545 | 0.8 | |||||||||||||||
COMMON STOCK: (continued) |
|||||||||||||||||||
Materials: (continued) |
|||||||||||||||||||
725,600 |
L |
Severstal OAO GDR |
$ | 9,869,714 | 3.3 | ||||||||||||||
291,390 |
Uralkali GDR |
11,026,291 | 3.7 | ||||||||||||||||
39,987,143 | 13.4 | ||||||||||||||||||
Telecommunications: 6.2% |
|||||||||||||||||||
118,900 |
Mobile Telesystems OJSC |
943,604 | 0.3 | ||||||||||||||||
346,500 |
Mobile Telesystems OJSC ADR |
6,777,540 | 2.3 | ||||||||||||||||
1,487,300 |
Rostelecom OJSC |
4,780,720 | 1.6 | ||||||||||||||||
322,000 |
Sistema JSFC GDR |
6,122,711 | 2.0 | ||||||||||||||||
18,624,575 | 6.2 | ||||||||||||||||||
Utilities: 7.8% |
|||||||||||||||||||
893,395,900 |
Federal Grid Co. Unified Energy System JSC |
8,154,462 | 2.7 | ||||||||||||||||
32,253,200 |
@ |
IDGC Holding JSC |
2,951,593 | 1.0 | |||||||||||||||
10,843,200 |
@ |
OGK-4 OJSC |
979,749 | 0.3 | |||||||||||||||
321,703,448 |
@ |
RusHydro |
11,381,900 | 3.8 | |||||||||||||||
23,467,704 | 7.8 | ||||||||||||||||||
Total
Common Stock (Cost $222,011,774) |
295,926,704 | 99.0 | |||||||||||||||||
Principal Amount |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
SHORT-TERM INVESTMENTS: 1.2% |
|||||||||||||||||||
Securities Lending Collateralcc(1): 1.2% |
|||||||||||||||||||
1,000,000 |
Barclays Bank PLC, Repurchase Agreement dated 04/30/12, 0.20%, due 05/01/12 (Repurchase Amount
$1,000,005, collateralized by various U.S. Government Agency Obligations, 3.000%5.000%, Market Value plus accrued interest $1,020,002, due
04/01/2709/01/41) |
1,000,000 | 0.4 | ||||||||||||||||
579,863 |
Credit Suisse Securities, Repurchase Agreement dated 04/30/12, 0.18%, due 05/01/12 (Repurchase Amount
$579,866, collateralized by various U.S. Government Securities, 0.625%2.375%, Market Value plus accrued interest $591,462, due
04/30/1302/15/41) |
579,863 | 0.2 | ||||||||||||||||
1,000,000 |
Deutsche Bank AG, Repurchase Agreement dated 04/30/12, 0.22%, due 05/01/12 (Repurchase Amount $1,000,006,
collateralized by various U.S. Government Agency Obligations, 2.491%7.000%, Market Value plus accrued interest $1,020,000, due
08/01/2504/01/42) |
1,000,000 | 0.3 |
Principal Amount |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHORT-TERM INVESTMENTS: (continued) |
|||||||||||||||||||
Securities Lending Collateralcc(1): (continued) |
|||||||||||||||||||
1,000,000 |
UBS Warburg LLC, Repurchase Agreement dated 04/30/12, 0.22%, due 05/01/12 (Repurchase Amount $1,000,006,
collateralized by various U.S. Government Agency Obligations, 3.500%6.000%, Market Value plus accrued interest $1,020,000, due
02/01/2001/01/48) |
$ | 1,000,000 | 0.3 | |||||||||||||||
3,579,863 | 1.2 | ||||||||||||||||||
Total
Short-Term Investments (Cost $3,579,863) |
3,579,863 | 1.2 | |||||||||||||||||
Total Investments in Securities (Cost $225,591,637) |
$ | 299,506,567 | 100.2 | ||||||||||||||||
Liabilities in Excess of Other Assets |
(607,042 | ) | (0.2 | ) | |||||||||||||||
Net Assets |
$ | 298,899,525 | 100.0 |
|
Unless otherwise indicated, principal amount is shown in USD. |
# |
Securities with purchases pursuant to Rule 144A or section 4(2), under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers. |
@ |
Non-income producing security |
ADR |
American Depositary Receipt |
GDR |
Global Depositary Receipt |
cc |
Securities purchased with cash collateral for securities loaned. |
L |
Loaned security, a portion or all of the security is on loan at April 30, 2012. |
(1) |
Collateral received from brokers for securities lending was invested into these short-term investments. |
Cost for federal income tax purposes is $235,434,050. |
Net unrealized
appreciation consists of: |
||||||
Gross
Unrealized Appreciation |
$ | 87,317,002 | ||||
Gross
Unrealized Depreciation |
(23,244,485 | ) | ||||
Net
Unrealized Appreciation |
$ | 64,072,517 |
Quoted Prices in Active Markets for Identical Investments (Level 1) |
Significant Other Observable Inputs # (Level 2) |
Significant Unobservable Inputs (Level 3) |
Fair Value at 4/30/2012 |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset
Table |
||||||||||||||||||
Investments,
at value |
||||||||||||||||||
Common
Stock |
||||||||||||||||||
Consumer
Discretionary |
$ | 2,016,546 | $ | | $ | | $ | 2,016,546 | ||||||||||
Consumer
Staples |
20,112,820 | 5,226,470 | | 25,339,290 | ||||||||||||||
Energy |
70,485,761 | 56,702,809 | | 127,188,570 | ||||||||||||||
Financials |
35,195,717 | 16,364,699 | | 51,560,416 | ||||||||||||||
Industrials |
1,785,600 | 1,878,352 | | 3,663,952 | ||||||||||||||
Information
Technology |
1,544,172 | 2,534,336 | | 4,078,508 | ||||||||||||||
Materials |
13,680,268 | 26,306,875 | | 39,987,143 | ||||||||||||||
Telecommunications |
11,558,260 | 7,066,315 | | 18,624,575 | ||||||||||||||
Utilities |
12,085,804 | 11,381,900 | | 23,467,704 | ||||||||||||||
Total Common
Stock |
168,464,948 | 127,461,756 | | 295,926,704 | ||||||||||||||
Short-Term
Investments |
| 3,579,863 | | 3,579,863 | ||||||||||||||
Total
Investments, at value |
$ | 168,464,948 | $ | 131,041,619 | $ | | $ | 299,506,567 |
ˆ |
See Note 2, Significant Accounting Policies in the Notes to Financial Statements for additional information. |
# |
The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Fund may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Funds investments are categorized as Level 2 investments. |
Beginning Balance on 10/31/2011 |
Purchases |
Sales |
Accrued Discounts/ (Premiums) |
Total Realized Gain (Loss) |
Total Unrealized Appreciation (Depreciation) |
Transfers into Level 3 |
Transfers Out of Level 3 |
Ending Balance on 4/30/2012 |
||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset
Table |
||||||||||||||||||||||||||||||||||||||
Investments,
at value |
||||||||||||||||||||||||||||||||||||||
Mutual
Funds |
$ | 1,296,952 | $ | | $ | (1,300,565 | ) | $ | | $ | 548,269 | $ | (544,656 | ) | $ | | $ | | $ | | ||||||||||||||||||
Total
Investments, at value |
$ | 1,296,952 | $ | | $ | (1,300,565 | ) | $ | | $ | 548,269 | $ | (544,656 | ) | $ | | $ | | $ | |
Item 2. Code of Ethics.
Not required for semi-annual filing.
Item 3. Audit Committee Financial Expert.
Not required for semi-annual filing.
Item 4. Principal Accountant Fees and Services.
Not required for semi-annual filing.
Item 5. Audit Committee Of Listed Registrants.
Not required for semi-annual filing.
Item 6. Schedule of Investments.
Schedule is included as part of the report to shareholders filed under Item 1 of this Form.
|
|
|
PORTFOLIO OF INVESTMENTS |
ING DIVERSIFIED INTERNATIONAL FUND |
AS OF APRIL 30, 2012 (UNAUDITED) |
Shares | Value | Percentage of Net Assets | ||||
EXCHANGE-TRADED FUNDS: 4.5% | ||||||
111,400 | iShares MSCI EAFE Value Index | 5,063,130 | 4.5 | |||
Total Exchange-Traded Funds | ||||||
(Cost $5,266,707) | 5,063,130 | 4.5 | ||||
MUTUAL FUNDS: 95.7% | ||||||
Affiliated Investment Companies: 95.7% | ||||||
1,488,695 | ING Emerging Markets Equity Fund - Class I | 16,941,344 | 15.0 | |||
4,863,662 | ING International Core Fund - Class I | 45,183,422 | 40.1 | |||
2,325,066 | ING International Growth Fund - Class I | 22,576,390 | 20.1 | |||
149,896 | ING International SmallCap Fund - Class I | 5,646,578 | 5.0 | |||
1,710,882 | ING International Value Fund - Class I | 17,468,107 | 15.5 | |||
Total Mutual Funds | ||||||
(Cost $103,513,362) | 107,815,841 | 95.7 | ||||
Total Investments in Securities (Cost $108,780,069) |
$ 112,878,971 | 100.2 | ||||
Liabilities in Excess of Other Assets | (231,470) | (0.2) | ||||
Net Assets | $ 112,647,501 | 100.0 | ||||
Cost for federal income tax purposes is $110,204,694. | ||
Net unrealized appreciation consists of: | ||
Gross Unrealized Appreciation | $5,077,012 | |
Gross Unrealized Depreciation |
(2,402,735) | |
Net Unrealized Appreciation | $2,674,277 | |
Fair Value Measurements^ | ||||||||||||||||
The following is a summary of the fair valuations according to the inputs used as of April 30, 2012 in valuing the assets and liabilities: | ||||||||||||||||
Quoted Prices in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at 4/30/2012 | |||||||||||||
Asset Table | ||||||||||||||||
Investments, at value | ||||||||||||||||
Exchange-Traded Funds | $ | 5,063,130 | $ | — | $ | — | $ | 5,063,130 | ||||||||
Mutual Funds | 107,815,841 | — | — | 107,815,841 | ||||||||||||
Total Investments, at value | $ | 112,878,971 | $ | — | $ | — | $ | 112,878,971 | ||||||||
^ | See Note 2, "Significant Accounting Policies" in the Notes to Financial Statements for additional information. |
There were no significant transfers between Level 1 and 2 during the period ended April 30, 2012. |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING EMERGING COUNTRIES FUND |
AS OF APRIL 30, 2012 (UNAUDITED) |
Shares | Value | Percentage of Net Assets | ||||
COMMON STOCK: 98.9% | ||||||
Argentina: 0.3% | ||||||
17,500 | YPF SA ADR | 255,150 | 0.3 | |||
Brazil: 16.4% | ||||||
22,300 | Banco do Brasil S.A. | 276,681 | 0.3 | |||
27,000 | Banco do Estado do Rio Grande do Sul | 233,009 | 0.3 | |||
52,400 | Banco Santander Brasil SA ADR | 422,868 | 0.5 | |||
17,600 | L | Braskem SA ADR | 258,720 | 0.3 | ||
48,700 | BRF - Brasil Foods SA ADR | 897,541 | 1.1 | |||
8,500 | L | Cia Brasileira de Distribuicao Grupo Pao de Acucar ADR | 399,755 | 0.5 | ||
19,200 | Cia de Bebidas das Americas ADR | 806,016 | 1.0 | |||
6,900 | Cia de Saneamento Basico do Estado de Sao Paulo ADR | 546,204 | 0.7 | |||
20,500 | Cia Energetica de Minas Gerais ADR | 505,735 | 0.6 | |||
8,880 | Cielo SA | 266,752 | 0.3 | |||
59,300 | @ | Fibria Celulose SA ADR | 470,842 | 0.6 | ||
65,100 | Gerdau SA ADR | 611,289 | 0.8 | |||
60,900 | L | Gol Linhas Aereas Inteligentes SA ADR | 322,770 | 0.4 | ||
10,400 | Iochpe-Maxion SA | 180,049 | 0.2 | |||
78,700 | Itau Unibanco Holding SA ADR | 1,234,803 | 1.5 | |||
38,600 | MRV Engenharia e Participacoes SA | 225,587 | 0.3 | |||
22,940 | Petroleo Brasileiro SA ADR | 508,350 | 0.6 | |||
70,300 | Petroleo Brasileiro SA ADR | 1,654,862 | 2.0 | |||
30,300 | Telefonica Brasil SA ADR | 862,641 | 1.1 | |||
17,200 | Tim Participacoes SA ADR | 514,796 | 0.6 | |||
39,600 | Vale SA ADR | 879,120 | 1.1 | |||
58,000 | Vale SA ADR | 1,254,540 | 1.6 | |||
13,332,930 | 16.4 | |||||
China: 15.7% | ||||||
3,000 | @ | Baidu.com ADR | 398,100 | 0.5 | ||
2,210,000 | Bank of China Ltd. | 920,292 | 1.1 | |||
1,868,000 | China Construction Bank | 1,449,650 | 1.8 | |||
25,500 | China Mobile Ltd. | 282,120 | 0.3 | |||
317,000 | China Shanshui Cement Group Ltd. | 255,435 | 0.3 | |||
127,500 | @ | China Shenhua Energy Co., Ltd. | 563,047 | 0.7 | ||
622,000 | @ | China Telecom Corp., Ltd. | 333,362 | 0.4 | ||
29,600 | L | China Unicom Hong Kong Ltd. ADR | 514,448 | 0.6 | ||
418,000 | CNOOC Ltd. | 883,296 | 1.1 | |||
250,000 | Dongfeng Motor Group Co., Ltd. | 488,966 | 0.6 | |||
276,000 | @ | Dongyue Group | 205,459 | 0.3 | ||
6,500 | Focus Media Holding Ltd. ADR | 155,285 | 0.2 | |||
615,000 | GCL Poly Energy Holdings Ltd. | 157,720 | 0.2 | |||
189,000 | @ | Great Wall Motor Co. Ltd. | 405,620 | 0.5 | ||
346,000 | Guangdong Investment Ltd. | 253,872 | 0.3 | |||
52,500 | Hengan International Group Co., Ltd. | 554,748 | 0.7 | |||
2,196,000 | Industrial and Commercial Bank of China Ltd. | 1,459,097 | 1.8 | |||
2,400 | PetroChina Co., Ltd. ADR | 357,168 | 0.4 | |||
538,000 | PetroChina Co., Ltd. | 802,533 | 1.0 | |||
69,000 | Ping An Insurance Group Co. of China Ltd. | 573,132 | 0.7 | |||
5,100 | @ | Sina Corp. | 298,401 | 0.4 | ||
436,000 | Soho China Ltd. | 337,986 | 0.4 | |||
9,800 | @,L | Sohu.com, Inc. | 505,386 | 0.6 | ||
108,000 | Tingyi Cayman Islands Holding Corp. | 286,957 | 0.4 | |||
54,000 | Tsingtao Brewery Co., Ltd. | 326,321 | 0.4 | |||
12,768,401 | 15.7 | |||||
Hong Kong: 3.6% | ||||||
104,000 | China Mengniu Diary Co., Ltd. | 320,174 | 0.4 | |||
12,400 | China Mobile Ltd. ADR | 686,216 | 0.8 | |||
3,000 | CNOOC Ltd. ADR | 634,950 | 0.8 | |||
8,400 | @ | Jardine Matheson Holdings Ltd. | 417,060 | 0.5 | ||
72,000 | Kingboard Chemicals Holdings | 201,138 | 0.2 | |||
512,000 | Lenovo Group Ltd. | 489,639 | 0.6 | |||
508,000 | Skyworth Digital Holdings Ltd. | 206,820 | 0.3 | |||
2,955,997 | 3.6 | |||||
India: 3.3% | ||||||
12,100 | HDFC Bank Ltd. ADR | 415,393 | 0.5 | |||
9,100 | ICICI Bank Ltd. ADR | 308,399 | 0.4 | |||
12,600 | Infosys Technologies Ltd. ADR | 596,610 | 0.8 | |||
24,238 | # | Reliance Industries Ltd. GDR | 685,546 | 0.8 | ||
22,400 | Tata Motors Ltd. ADR ADR | 666,400 | 0.8 | |||
2,672,348 | 3.3 | |||||
Indonesia: 1.5% | ||||||
370,000 | Indofood Sukses Makmur Tbk PT | 194,427 | 0.2 | |||
246,500 | Tambang Batubara Bukit Asam Tbk PT | 493,408 | 0.6 | |||
175,500 | United Tractors Tbk PT | 562,986 | 0.7 | |||
1,250,821 | 1.5 | |||||
Israel: 0.5% | ||||||
36,763 | Israel Chemicals Ltd. | 420,526 | 0.5 | |||
|
|
|
PORTFOLIO OF INVESTMENTS |
ING EMERGING COUNTRIES FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Shares | Value | Percentage of Net Assets | ||||
Kazakhstan: 0.4% | ||||||
15,031 | KazMunaiGas Exploration Production GDR | 299,958 | 0.4 | |||
Malaysia: 0.9% | ||||||
692,600 | @ | UEM Land Holdings Bhd | 458,789 | 0.6 | ||
93,500 | UMW Holdings Bhd | 242,259 | 0.3 | |||
701,048 | 0.9 | |||||
Mexico: 4.2% | ||||||
17,400 | America Movil SAB de CV ADR | 463,710 | 0.6 | |||
143,936 | @ | Cemex SAB de CV ADR | 1,040,657 | 1.3 | ||
209,600 | Compartamos SAB de CV | 254,881 | 0.3 | |||
5,700 | Fomento Economico Mexicano SAB de CV ADR | 463,182 | 0.6 | |||
38,900 | Grupo Televisa SAB ADR | 854,633 | 1.0 | |||
116,200 | Wal-Mart de Mexico SA de CV | 332,294 | 0.4 | |||
3,409,357 | 4.2 | |||||
Netherlands: 0.5% | ||||||
37,400 | VimpelCom Ltd. ADR ADR | 381,106 | 0.5 | |||
Peru: 0.3% | ||||||
5,100 | Cia de Minas Buenaventura SA ADR | 210,477 | 0.3 | |||
Poland: 0.9% | ||||||
10,043 | KGHM Polska Miedz SA | 444,070 | 0.6 | |||
212,600 | Polskie Gornictwo Naftowe I Gazownictwo SA | 275,350 | 0.3 | |||
719,420 | 0.9 | |||||
Russia: 7.0% | ||||||
77,300 | Gazprom OAO ADR | 892,042 | 1.1 | |||
20,056 | Lukoil OAO ADR | 1,230,435 | 1.5 | |||
25,467 | MMC Norilsk Nickel ADR | 453,051 | 0.6 | |||
19,900 | Mobile Telesystems OJSC ADR | 389,244 | 0.5 | |||
43,337 | @ | Rosneft Oil Co. GDR | 310,315 | 0.4 | ||
118,167 | Sberbank of Russia ADR | 1,530,263 | 1.9 | |||
27,132 | Severstal OAO GDR | 369,053 | 0.4 | |||
13,974 | Tatneft ADR | 518,706 | 0.6 | |||
5,693,109 | 7.0 | |||||
South Africa: 6.6% | ||||||
3,889 | Anglo Platinum Ltd. | 252,919 | 0.3 | |||
47,764 | ArcelorMittal South Africa Ltd. | 362,550 | 0.4 | |||
36,900 | AVI Ltd. | 228,953 | 0.3 | |||
21,066 | Exxaro Resources Ltd. | 561,629 | 0.7 | |||
13,077 | Impala Platinum Holdings Ltd. | 255,278 | 0.3 | |||
26,163 | Imperial Holdings Ltd. | 568,888 | 0.7 | |||
6,506 | Kumba Iron Ore Ltd. | 460,747 | 0.6 | |||
8,800 | Sasol Ltd. ADR | 417,384 | 0.5 | |||
15,228 | Sasol Ltd. | 724,008 | 0.9 | |||
37,844 | Standard Bank Group Ltd. | 559,043 | 0.7 | |||
14,001 | Tiger Brands Ltd. | 513,510 | 0.6 | |||
33,188 | Vodacom Group Pty Ltd. | 461,470 | 0.6 | |||
5,366,379 | 6.6 | |||||
South Korea: 17.6% | ||||||
24,150 | BS Financial Group, Inc. | 247,290 | 0.3 | |||
1,094 | CJ CheilJedang Corp. | 361,421 | 0.4 | |||
8,565 | Dongbu Insurance Co., Ltd. | 341,099 | 0.4 | |||
13,700 | Hana Financial Group, Inc. | 467,049 | 0.6 | |||
11,350 | Hankook Tire Co. Ltd | 478,808 | 0.6 | |||
18,960 | @ | Hynix Semiconductor, Inc. | 467,315 | 0.6 | ||
4,058 | Hyundai Motor Co. | 957,973 | 1.2 | |||
13,270 | Kangwon Land, Inc. | 284,086 | 0.3 | |||
18,700 | KB Financial Group, Inc. ADR | 634,491 | 0.8 | |||
2,891 | KCC Corp. | 739,292 | 0.9 | |||
7,674 | Kia Motors Corp. | 563,110 | 0.7 | |||
61,900 | KT Corp. ADR | 795,415 | 1.0 | |||
3,552 | KT&G Corp. | 243,898 | 0.3 | |||
3,461 | LG Electronics, Inc. | 213,540 | 0.3 | |||
22,100 | LG.Philips LCD Co. Ltd ADR | 246,857 | 0.3 | |||
341 | Lotte Chilsung Beverage Co., Ltd. | 384,533 | 0.5 | |||
285 | Lotte Confectionery Co. Ltd. | 430,693 | 0.5 | |||
2,093 | Samsung Electronics Co., Ltd. | 2,561,751 | 3.2 | |||
3,570 | Samsung Electronics Co., Ltd. GDR | 2,178,553 | 2.7 | |||
9,830 | Samsung Heavy Industries Co., Ltd. | 359,387 | 0.4 | |||
3,550 | # | Samsung Life Insurance Co. Ltd. | 313,387 | 0.4 | ||
55,000 | SK Telecom Co., Ltd. ADR | 743,600 | 0.9 | |||
3,253 | S-Oil Corp. | 278,884 | 0.3 | |||
14,292,432 | 17.6 | |||||
Taiwan: 7.1% | ||||||
307,000 | China Motor Corp. | 252,455 | 0.3 | |||
362,000 | Compal Electronics, Inc. | 414,431 | 0.5 | |||
116,000 | E Ink Holdings, Inc. | 125,643 | 0.1 | |||
102,484 | Hon Hai Precision Industry Co., Ltd. GDR | 620,258 | 0.8 | |||
304,000 | Hon Hai Precision Industry Co., Ltd. | 955,830 | 1.2 | |||
12,000 | HTC Corp. | 180,123 | 0.2 | |||
70,000 | Radiant Opto-Electronics Corp. | 292,033 | 0.4 | |||
232,000 | Taiwan Semiconductor Manufacturing Co., Ltd. | 685,708 | 0.8 | |||
86,700 | Taiwan Semiconductor Manufacturing Co., Ltd. ADR | 1,350,786 | 1.6 | |||
885,000 | United Microelectronics Corp. | 462,920 | 0.6 |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING EMERGING COUNTRIES FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Shares | Value | Percentage of Net Assets | ||||
307,000 | Wistron Corp. | 457,996 | 0.6 | |||
5,798,183 | 7.1 | |||||
Thailand: 4.3% | ||||||
79,900 | Bangkok Bank PCL | 502,836 | 0.6 | |||
385,400 | Charoen Pokphand Foods PCL | 509,520 | 0.6 | |||
612,700 | Krung Thai Bank PCL | 357,614 | 0.4 | |||
179,700 | PTT Global Chemical PCL | 401,529 | 0.5 | |||
98,200 | PTT PCL | 1,119,935 | 1.4 | |||
33,600 | Siam Cement PCL | 381,731 | 0.5 | |||
78,600 | Total Access Communication PCL | 210,854 | 0.3 | |||
3,484,019 | 4.3 | |||||
Turkey: 1.3% | ||||||
61,408 | Arcelik A/S | 269,462 | 0.3 | |||
11,200 | Koza Altin Isletmeleri AS | 242,697 | 0.3 | |||
120,405 | Turk Sise Ve Cam Fabrikalari | 205,788 | 0.3 | |||
26,300 | @ | Turkcell Iletisim Hizmet AS ADR | 325,068 | 0.4 | ||
1,043,015 | 1.3 | |||||
United Arab Emirates: 0.5% | ||||||
45,268 | Dragon Oil Plc | 432,343 | 0.5 | |||
United Kingdom: 0.5% | ||||||
20,600 | Anglo American PLC ADR | 397,168 | 0.5 | |||
United States: 5.5% | ||||||
29,300 | Archer-Daniels-Midland Co. | 903,319 | 1.1 | |||
111,700 | Avon Products, Inc. | 2,412,720 | 3.0 | |||
6,700 | Bunge Ltd. | 432,150 | 0.5 | |||
47,300 | @ | Yahoo!, Inc. | 735,042 | 0.9 | ||
4,483,231 | 5.5 | |||||
Total Common Stock | ||||||
(Cost $77,703,034) | 80,367,418 | 98.9 | ||||
EXCHANGE-TRADED FUNDS: 0.4% | ||||||
47,800 | @ | iShares MSCI India | 281,064 | 0.4 | ||
Total Exchange-Traded Funds | ||||||
(Cost $277,752) | 281,064 | 0.4 | ||||
Total Long-Term Investments | ||||||
(Cost $77,980,786) | 80,648,482 | 99.3 | ||||
Principal Amount† |
Value | Percentage of Net Assets | ||||
SHORT-TERM INVESTMENTS: 2.5% | ||||||
Securities Lending Collateralcc(1): 2.5% | ||||||
1,000,000 | Cantor Fitzgerald, Repurchase Agreement dated 04/30/12, 0.22%, due 05/01/12 (Repurchase Amount $1,000,006, collateralized by various U.S. Government and U.S. Government Agency Obligations, 0.000%-7.125%, Market Value plus accrued interest $1,020,000, due 05/01/51-09/01/49) | 1,000,000 | 1.2 | |||
1,000,000 | Daiwa Capital Markets, Repurchase Agreement dated 04/30/12, 0.24%, due 05/01/12 (Repurchase Amount $1,000,007, collateralized by various U.S. Government and U.S. Government Agency Obligations, 0.000%-8.875%, Market Value plus accrued interest $1,020,000, due 05/17/12-08/01/47) | 1,000,000 | 1.2 | |||
63,440 | Mizuho Securities USA Inc., Repurchase Agreement dated 04/30/12, 0.23%, due 05/01/12 (Repurchase Amount $63,440, collateralized by various U.S. Government Agency Obligations, 0.000%-7.500%, Market Value plus accrued interest $64,709, due 02/01/26-02/25/44) | 63,440 | 0.1 | |||
2,063,440 | 2.5 | |||||
Total Short-Term Investments | ||||||
(Cost $2,063,440) | 2,063,440 | 2.5 | ||||
Total Investments in Securities (Cost $80,044,226) |
$ 82,711,922 | 101.8 | ||||
Liabilities in Excess of Other Assets | (1,481,782) | (1.8) | ||||
Net Assets | $ 81,230,140 | 100.0 | ||||
† | Unless otherwise indicated, principal amount is shown in USD. |
# | Securities with purchases pursuant to Rule 144A or section 4(2), under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers. |
@ | Non-income producing security |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING EMERGING COUNTRIES FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
ADR | American Depositary Receipt |
GDR | Global Depositary Receipt |
cc | Securities purchased with cash collateral for securities loaned. |
L | Loaned security, a portion or all of the security is on loan at April 30, 2012. |
(1) | Collateral received from brokers for securities lending was invested into these short-term investments. |
Cost for federal income tax purposes is $81,768,023. | ||
Net unrealized appreciation consists of: | ||
Gross Unrealized Appreciation | $7,899,716 | |
Gross Unrealized Depreciation |
(6,955,817) | |
Net Unrealized Appreciation | $943,899 | |
Sector Diversification | Percentage of Net Assets | |||
Consumer Discretionary | 7.9 | % | ||
Consumer Staples | 13.5 | |||
Energy | 16.2 | |||
Exchange-Traded Funds | 0.4 | |||
Financials | 16.3 | |||
Industrials | 4.7 | |||
Information Technology | 17.3 | |||
Materials | 12.8 | |||
Telecommunications | 8.6 | |||
Utilities | 1.6 | |||
Short-Term Investments | 2.5 | |||
Liabilities in Excess of Other Assets | (1.8 | ) | ||
Net Assets | 100.0 | % | ||
Fair Value Measurements^ | ||||||||||||||||
The following is a summary of the fair valuations according to the inputs used as of April 30, 2012 in valuing the assets and liabilities: | ||||||||||||||||
Quoted Prices in Active Markets for Identical Investments (Level 1) |
Significant Other Observable Inputs # (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at 4/30/2012 | |||||||||||||
Asset Table | ||||||||||||||||
Investments, at value | ||||||||||||||||
Common Stock | ||||||||||||||||
Argentina | $ | 255,150 | $ | — | $ | — | $ | 255,150 | ||||||||
Brazil | 12,098,127 | 1,234,803 | — | 13,332,930 | ||||||||||||
China | 2,228,788 | 10,539,613 | — | 12,768,401 | ||||||||||||
Hong Kong | 1,738,226 | 1,217,771 | — | 2,955,997 | ||||||||||||
India | 1,986,802 | 685,546 | — | 2,672,348 | ||||||||||||
Indonesia | — | 1,250,821 | — | 1,250,821 | ||||||||||||
Israel | — | 420,526 | — | 420,526 | ||||||||||||
Kazakhstan | — | 299,958 | — | 299,958 | ||||||||||||
Malaysia | — | 701,048 | — | 701,048 | ||||||||||||
Mexico | 3,409,357 | — | — | 3,409,357 | ||||||||||||
Netherlands | 381,106 | — | — | 381,106 | ||||||||||||
Peru | 210,477 | — | — | 210,477 | ||||||||||||
Poland | — | 719,420 | — | 719,420 | ||||||||||||
Russia | 4,041,984 | 1,651,125 | — | 5,693,109 | ||||||||||||
South Africa | 417,384 | 4,948,995 | — | 5,366,379 | ||||||||||||
South Korea | 2,664,261 | 11,628,171 | — | 14,292,432 | ||||||||||||
Taiwan | 1,350,786 | 4,447,397 | — | 5,798,183 | ||||||||||||
Thailand | — | 3,484,019 | — | 3,484,019 | ||||||||||||
Turkey | 325,068 | 717,947 | — | 1,043,015 | ||||||||||||
United Arab Emirates | — | 432,343 | — | 432,343 | ||||||||||||
United Kingdom | — | 397,168 | — | 397,168 | ||||||||||||
United States | 4,483,231 | — | — | 4,483,231 |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING EMERGING COUNTRIES FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Quoted Prices in Active Markets for Identical Investments (Level 1) |
Significant Other Observable Inputs # (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at 4/30/2012 | |||||||||||||
Total Common Stock | 35,590,747 | 44,776,671 | — | 80,367,418 | ||||||||||||
Exchange-Traded Funds | 281,064 | — | — | 281,064 | ||||||||||||
Short-Term Investments | — | 2,063,440 | — | 2,063,440 | ||||||||||||
Total Investments, at value | $ | 35,871,811 | $ | 46,840,111 | $ | — | $ | 82,711,922 | ||||||||
^ | See Note 2, "Significant Accounting Policies" in the Notes to Financial Statements for additional information. |
# | The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Fund may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Fund's investments are categorized as Level 2 investments. |
There were no significant transfers between Level 1 and 2 during the period ended April 30, 2012. |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING EMERGING MARKETS EQUITY FUND |
AS OF APRIL 30, 2012 (UNAUDITED) |
Shares | Value | Percentage of Net Assets | ||||
COMMON STOCK: 95.7% | ||||||
Argentina: 0.3% | ||||||
18,000 | YPF SA ADR | 262,440 | 0.3 | |||
Brazil: 15.7% | ||||||
24,600 | Banco do Brasil S.A. | 305,217 | 0.3 | |||
30,600 | Banco do Estado do Rio Grande do Sul | 264,077 | 0.3 | |||
55,700 | Banco Santander Brasil SA ADR | 449,499 | 0.5 | |||
18,900 | L | Braskem SA ADR | 277,830 | 0.3 | ||
53,100 | BRF - Brasil Foods SA ADR | 978,633 | 1.0 | |||
9,000 | L | Cia Brasileira de Distribuicao Grupo Pao de Acucar ADR | 423,270 | 0.5 | ||
21,800 | Cia de Bebidas das Americas ADR | 915,164 | 1.0 | |||
7,700 | Cia de Saneamento Basico do Estado de Sao Paulo ADR | 609,532 | 0.7 | |||
22,900 | Cia Energetica de Minas Gerais ADR | 564,943 | 0.6 | |||
10,320 | Cielo SA | 310,009 | 0.3 | |||
62,200 | @,L | Fibria Celulose SA ADR | 493,868 | 0.5 | ||
70,700 | Gerdau SA ADR | 663,873 | 0.7 | |||
64,200 | L | Gol Linhas Aereas Inteligentes SA ADR | 340,260 | 0.4 | ||
11,900 | Iochpe-Maxion SA | 206,017 | 0.2 | |||
87,500 | Itau Unibanco Holding SA ADR | 1,372,875 | 1.5 | |||
40,300 | MRV Engenharia e Participacoes SA | 235,523 | 0.3 | |||
26,200 | Petroleo Brasileiro SA ADR | 580,592 | 0.6 | |||
77,500 | Petroleo Brasileiro SA ADR | 1,824,350 | 1.9 | |||
33,100 | Telefonica Brasil SA ADR | 942,357 | 1.0 | |||
19,600 | Tim Participacoes SA ADR | 586,628 | 0.6 | |||
43,900 | Vale SA ADR | 974,580 | 1.0 | |||
64,800 | Vale SA ADR | 1,401,624 | 1.5 | |||
14,720,721 | 15.7 | |||||
China: 14.9% | ||||||
3,300 | @ | Baidu.com ADR | 437,910 | 0.5 | ||
2,591,000 | Bank of China Ltd. | 1,078,949 | 1.1 | |||
2,001,000 | China Construction Bank | 1,552,864 | 1.7 | |||
29,000 | China Mobile Ltd. | 320,842 | 0.3 | |||
342,000 | China Shanshui Cement Group Ltd. | 275,580 | 0.3 | |||
140,000 | @ | China Shenhua Energy Co., Ltd. | 618,247 | 0.7 | ||
664,000 | @ | China Telecom Corp., Ltd. | 355,872 | 0.4 | ||
31,500 | L | China Unicom Hong Kong Ltd. ADR | 547,470 | 0.6 | ||
445,000 | CNOOC Ltd. | 940,351 | 1.0 | |||
268,000 | Dongfeng Motor Group Co., Ltd. | 524,172 | 0.6 | |||
321,000 | @ | Dongyue Group | 238,958 | 0.2 | ||
7,200 | Focus Media Holding Ltd. ADR | 172,008 | 0.2 | |||
647,000 | GCL Poly Energy Holdings Ltd. | 165,926 | 0.2 | |||
210,500 | @ | Great Wall Motor Co. Ltd. | 451,761 | 0.5 | ||
400,000 | Guangdong Investment Ltd. | 293,494 | 0.3 | |||
57,000 | Hengan International Group Co., Ltd. | 602,298 | 0.6 | |||
2,383,000 | Industrial and Commercial Bank of China Ltd. | 1,583,346 | 1.7 | |||
2,600 | PetroChina Co., Ltd. ADR | 386,932 | 0.4 | |||
594,000 | PetroChina Co., Ltd. | 886,068 | 0.9 | |||
76,000 | Ping An Insurance Group Co. of China Ltd. | 631,276 | 0.7 | |||
5,600 | @,L | Sina Corp. | 327,656 | 0.3 | ||
491,500 | Soho China Ltd. | 381,009 | 0.4 | |||
10,600 | @,L | Sohu.com, Inc. | 546,642 | 0.6 | ||
118,000 | Tingyi Cayman Islands Holding Corp. | 313,528 | 0.3 | |||
60,000 | Tsingtao Brewery Co., Ltd. | 362,579 | 0.4 | |||
13,995,738 | 14.9 | |||||
Hong Kong: 3.6% | ||||||
113,000 | China Mengniu Diary Co., Ltd. | 347,881 | 0.4 | |||
15,400 | China Mobile Ltd. ADR | 852,236 | 0.9 | |||
3,200 | CNOOC Ltd. ADR | 677,280 | 0.7 | |||
9,600 | @ | Jardine Matheson Holdings Ltd. | 476,640 | 0.5 | ||
92,000 | Kingboard Chemicals Holdings | 257,010 | 0.3 | |||
584,000 | Lenovo Group Ltd. | 558,494 | 0.6 | |||
588,000 | Skyworth Digital Holdings Ltd. | 239,391 | 0.2 | |||
3,408,932 | 3.6 | |||||
India: 3.0% | ||||||
13,900 | HDFC Bank Ltd. ADR | 477,187 | 0.5 | |||
9,200 | ICICI Bank Ltd. ADR | 311,788 | 0.3 | |||
13,700 | L | Infosys Technologies Ltd. ADR | 648,695 | 0.7 | ||
25,000 | # | Reliance Industries Ltd. GDR | 707,098 | 0.7 | ||
23,800 | Tata Motors Ltd. ADR ADR | 708,050 | 0.8 | |||
2,852,818 | 3.0 | |||||
Indonesia: 1.4% | ||||||
412,500 | Indofood Sukses Makmur Tbk PT | 216,759 | 0.2 | |||
261,500 | Tambang Batubara Bukit Asam Tbk PT | 523,433 | 0.6 | |||
177,500 | United Tractors Tbk PT | 569,402 | 0.6 | |||
1,309,594 | 1.4 | |||||
Israel: 0.5% | ||||||
37,600 | Israel Chemicals Ltd. | 430,100 | 0.5 | |||
|
|
|
PORTFOLIO OF INVESTMENTS |
ING EMERGING MARKETS EQUITY FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Shares | Value | Percentage of Net Assets | ||||
Kazakhstan: 0.4% | ||||||
17,900 | KazMunaiGas Exploration Production GDR | 357,211 | 0.4 | |||
Malaysia: 0.8% | ||||||
739,900 | @ | UEM Land Holdings Bhd | 490,121 | 0.5 | ||
106,600 | UMW Holdings Bhd | 276,202 | 0.3 | |||
766,323 | 0.8 | |||||
Mexico: 3.7% | ||||||
19,100 | America Movil SAB de CV ADR | 509,015 | 0.5 | |||
127,192 | @ | Cemex SAB de CV ADR | 919,598 | 1.0 | ||
224,500 | Compartamos SAB de CV | 273,000 | 0.3 | |||
6,200 | Fomento Economico Mexicano SAB de CV ADR | 503,812 | 0.5 | |||
42,700 | Grupo Televisa SAB ADR | 938,119 | 1.0 | |||
127,264 | Wal-Mart de Mexico SA de CV | 363,934 | 0.4 | |||
3,507,478 | 3.7 | |||||
Netherlands: 0.5% | ||||||
42,000 | VimpelCom Ltd. ADR ADR | 427,980 | 0.5 | |||
Peru: 0.2% | ||||||
5,600 | Cia de Minas Buenaventura SA ADR | 231,112 | 0.2 | |||
Poland: 0.9% | ||||||
11,700 | KGHM Polska Miedz SA | 517,337 | 0.6 | |||
242,200 | Polskie Gornictwo Naftowe I Gazownictwo SA | 313,687 | 0.3 | |||
831,024 | 0.9 | |||||
Qatar: 0.3% | ||||||
6,600 | Qatar National Bank SAQ | 241,255 | 0.3 | |||
Russia: 7.1% | ||||||
88,900 | Gazprom OAO ADR | 1,025,906 | 1.1 | |||
23,600 | Lukoil OAO ADR | 1,447,860 | 1.5 | |||
28,906 | MMC Norilsk Nickel ADR | 514,229 | 0.6 | |||
22,600 | Mobile Telesystems OJSC ADR | 442,056 | 0.5 | |||
51,500 | @ | Rosneft Oil Co. GDR | 368,767 | 0.4 | ||
136,500 | Sberbank of Russia ADR | 1,767,675 | 1.9 | |||
29,900 | L | Severstal OAO GDR | 406,704 | 0.4 | ||
17,100 | Tatneft ADR | 634,741 | 0.7 | |||
6,607,938 | 7.1 | |||||
South Africa: 6.8% | ||||||
4,440 | Anglo Platinum Ltd. | 288,753 | 0.3 | |||
53,703 | ArcelorMittal South Africa Ltd. | 407,629 | 0.4 | |||
41,800 | AVI Ltd. | 259,355 | 0.3 | |||
23,800 | Exxaro Resources Ltd. | 634,519 | 0.7 | |||
14,812 | Impala Platinum Holdings Ltd. | 289,147 | 0.3 | |||
29,300 | Imperial Holdings Ltd. | 637,099 | 0.7 | |||
7,500 | Kumba Iron Ore Ltd. | 531,140 | 0.6 | |||
18,600 | MTN Group Ltd. | 325,274 | 0.3 | |||
9,800 | Sasol Ltd. ADR | 464,814 | 0.5 | |||
16,900 | Sasol Ltd. | 803,503 | 0.9 | |||
42,325 | Standard Bank Group Ltd. | 625,238 | 0.7 | |||
15,800 | Tiger Brands Ltd. | 579,492 | 0.6 | |||
36,925 | Vodacom Group Pty Ltd. | 513,432 | 0.5 | |||
6,359,395 | 6.8 | |||||
South Korea: 16.9% | ||||||
27,600 | BS Financial Group, Inc. | 282,617 | 0.3 | |||
1,269 | CJ CheilJedang Corp. | 419,235 | 0.5 | |||
9,600 | Dongbu Insurance Co., Ltd. | 382,317 | 0.4 | |||
14,800 | Hana Financial Group, Inc. | 504,549 | 0.5 | |||
12,800 | Hankook Tire Co. Ltd | 539,977 | 0.6 | |||
21,100 | @ | Hynix Semiconductor, Inc. | 520,061 | 0.6 | ||
4,400 | Hyundai Motor Co. | 1,038,709 | 1.1 | |||
14,300 | Kangwon Land, Inc. | 306,137 | 0.3 | |||
20,700 | KB Financial Group, Inc. ADR | 702,351 | 0.7 | |||
3,145 | KCC Corp. | 804,246 | 0.9 | |||
8,000 | Kia Motors Corp. | 587,032 | 0.6 | |||
67,310 | KT Corp. ADR | 864,934 | 0.9 | |||
3,900 | KT&G Corp. | 267,793 | 0.3 | |||
3,550 | LG Electronics, Inc. | 219,031 | 0.2 | |||
24,300 | LG.Philips LCD Co. Ltd ADR | 271,431 | 0.3 | |||
383 | Lotte Chilsung Beverage Co., Ltd. | 431,894 | 0.5 | |||
313 | Lotte Confectionery Co. Ltd. | 473,007 | 0.5 | |||
2,233 | Samsung Electronics Co., Ltd. | 2,733,106 | 2.9 | |||
4,000 | Samsung Electronics Co., Ltd. GDR | 2,440,956 | 2.6 | |||
12,000 | Samsung Heavy Industries Co., Ltd. | 438,723 | 0.5 | |||
5,310 | # | Samsung Life Insurance Co. Ltd. | 468,756 | 0.5 | ||
60,000 | SK Telecom Co., Ltd. ADR | 811,200 | 0.9 | |||
3,500 | S-Oil Corp. | 300,059 | 0.3 | |||
15,808,121 | 16.9 | |||||
Taiwan: 7.2% | ||||||
324,000 | China Motor Corp. | 266,435 | 0.3 | |||
9,400 | Chunghwa Telecom Co. Ltd. ADR | 291,212 | 0.3 | |||
409,000 | Compal Electronics, Inc. | 468,239 | 0.5 | |||
133,000 | E Ink Holdings, Inc. | 144,056 | 0.2 | |||
123,900 | Hon Hai Precision Industry Co., Ltd. GDR | 749,873 | 0.8 | |||
337,000 | Hon Hai Precision Industry Co., Ltd. | 1,059,587 | 1.1 | |||
13,000 | HTC Corp. | 195,133 | 0.2 | |||
78,000 | Radiant Opto-Electronics Corp. | 325,408 | 0.4 |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING EMERGING MARKETS EQUITY FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Shares | Value | Percentage of Net Assets | ||||
251,000 | Taiwan Semiconductor Manufacturing Co., Ltd. | 741,865 | 0.8 | |||
93,900 | Taiwan Semiconductor Manufacturing Co., Ltd. ADR | 1,462,962 | 1.6 | |||
963,000 | United Microelectronics Corp. | 503,719 | 0.5 | |||
334,000 | Wistron Corp. | 498,276 | 0.5 | |||
6,706,765 | 7.2 | |||||
Thailand: 4.1% | ||||||
87,600 | Bangkok Bank PCL | 551,294 | 0.6 | |||
457,700 | Charoen Pokphand Foods PCL | 605,104 | 0.6 | |||
664,300 | Krung Thai Bank PCL | 387,731 | 0.4 | |||
203,400 | PTT Global Chemical PCL | 454,486 | 0.5 | |||
107,100 | PTT PCL | 1,221,437 | 1.3 | |||
36,000 | Siam Cement PCL | 408,997 | 0.4 | |||
89,500 | Total Access Communication PCL | 240,095 | 0.3 | |||
3,869,144 | 4.1 | |||||
Turkey: 1.2% | ||||||
68,100 | Arcelik A/S | 298,827 | 0.3 | |||
13,200 | Koza Altin Isletmeleri AS | 286,036 | 0.3 | |||
132,400 | Turk Sise Ve Cam Fabrikalari | 226,289 | 0.3 | |||
27,700 | @ | Turkcell Iletisim Hizmet AS ADR | 342,372 | 0.3 | ||
1,153,524 | 1.2 | |||||
United Arab Emirates: 0.5% | ||||||
51,400 | Dragon Oil Plc | 490,908 | 0.5 | |||
United Kingdom: 0.5% | ||||||
22,500 | Anglo American PLC ADR | 433,800 | 0.5 | |||
United States: 5.2% | ||||||
32,200 | Archer-Daniels-Midland Co. | 992,726 | 1.0 | |||
120,000 | Avon Products, Inc. | 2,592,000 | 2.8 | |||
7,300 | Bunge Ltd. | 470,850 | 0.5 | |||
53,000 | @ | Yahoo!, Inc. | 823,620 | 0.9 | ||
4,879,196 | 5.2 | |||||
Total Common Stock | ||||||
(Cost $79,831,035) | 89,651,517 | 95.7 | ||||
Principal Amount† | Value | Percentage of Net Assets | ||||
SHORT-TERM INVESTMENTS: 3.7% | ||||||
Securities Lending Collateralcc(1): 3.7% | ||||||
1,000,000 | Barclays Bank PLC, Repurchase Agreement dated 04/30/12, 0.20%, due 05/01/12 (Repurchase Amount $1,000,005, collateralized by various U.S. Government Agency Obligations, 3.000%-5.000%, Market Value plus accrued interest $1,020,002, due 04/01/27-09/01/41) | 1,000,000 | 1.0 | |||
473,684 | Credit Suisse Securities, Repurchase Agreement dated 04/30/12, 0.18%, due 05/01/12 (Repurchase Amount $473,686, collateralized by various U.S. Government Securities, 0.625%-2.375%, Market Value plus accrued interest $483,159, due 04/30/13-02/15/41) | 473,684 | 0.5 | |||
1,000,000 | Deutsche Bank AG, Repurchase Agreement dated 04/30/12, 0.22%, due 05/01/12 (Repurchase Amount $1,000,006, collateralized by various U.S. Government Agency Obligations, 2.491%-7.000%, Market Value plus accrued interest $1,020,000, due 08/01/25-04/01/42) | 1,000,000 | 1.1 | |||
1,000,000 | UBS Warburg LLC, Repurchase Agreement dated 04/30/12, 0.22%, due 05/01/12 (Repurchase Amount $1,000,006, collateralized by various U.S. Government Agency Obligations, 3.500%-6.000%, Market Value plus accrued interest $1,020,000, due 02/01/20-01/01/48) | 1,000,000 | 1.1 | |||
3,473,684 | 3.7 | |||||
Total Short-Term Investments | ||||||
(Cost $3,473,684) | 3,473,684 | 3.7 |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING EMERGING MARKETS EQUITY FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Value | Percentage of Net Assets | |||||
Total Investments in Securities (Cost $83,304,719) |
$ 93,125,201 | 99.4 | ||||
Assets in Excess of Other Liabilities | 566,479 | 0.6 | ||||
Net Assets | $ 93,691,680 | 100.0 | ||||
† | Unless otherwise indicated, principal amount is shown in USD. |
# | Securities with purchases pursuant to Rule 144A or section 4(2), under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers. |
@ | Non-income producing security |
ADR | American Depositary Receipt |
GDR | Global Depositary Receipt |
cc | Securities purchased with cash collateral for securities loaned. |
L | Loaned security, a portion or all of the security is on loan at April 30, 2012. |
(1) | Collateral received from brokers for securities lending was invested into these short-term investments. |
Cost for federal income tax purposes is the same as for financial statement purposes. | ||
Net unrealized appreciation consists of: | ||
Gross Unrealized Appreciation | $12,593,221 | |
Gross Unrealized Depreciation |
(2,772,739) | |
Net Unrealized Appreciation | $9,820,482 | |
Sector Diversification | Percentage of Net Assets | |||
Consumer Discretionary | 7.5 | % | ||
Consumer Staples | 12.9 | |||
Energy | 15.7 | |||
Financials | 16.1 | |||
Industrials | 4.7 | |||
Information Technology | 16.6 | |||
Materials | 11.8 | |||
Telecommunications | 8.8 | |||
Utilities | 1.6 | |||
Short-Term Investments | 3.7 | |||
Assets in Excess of Other Liabilities | 0.6 | |||
Net Assets | 100.0 | % | ||
Fair Value Measurements^ | ||||||||||||||||
The following is a summary of the fair valuations according to the inputs used as of April 30, 2012 in valuing the assets and liabilities: | ||||||||||||||||
Quoted Prices in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs # (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at 4/30/2012 | |||||||||||||
Asset Table | ||||||||||||||||
Investments, at value | ||||||||||||||||
Common Stock | ||||||||||||||||
Argentina | $ | 262,440 | $ | — | $ | — | $ | 262,440 | ||||||||
Brazil | 13,347,846 | 1,372,875 | — | 14,720,721 | ||||||||||||
China | 2,418,618 | 11,577,120 | — | 13,995,738 | ||||||||||||
Hong Kong | 2,006,156 | 1,402,776 | — | 3,408,932 | ||||||||||||
India | 2,145,720 | 707,098 | — | 2,852,818 | ||||||||||||
Indonesia | — | 1,309,594 | — | 1,309,594 | ||||||||||||
Israel | — | 430,100 | — | 430,100 | ||||||||||||
Kazakhstan | — | 357,211 | — | 357,211 | ||||||||||||
Malaysia | — | 766,323 | — | 766,323 |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING EMERGING MARKETS EQUITY FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Quoted Prices in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs # (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at 4/30/2012 | |||||||||||||
Mexico | 3,507,478 | — | — | 3,507,478 | ||||||||||||
Netherlands | 427,980 | — | — | 427,980 | ||||||||||||
Peru | 231,112 | — | — | 231,112 | ||||||||||||
Poland | — | 831,024 | — | 831,024 | ||||||||||||
Qatar | — | 241,255 | — | 241,255 | ||||||||||||
Russia | 4,683,497 | 1,924,441 | — | 6,607,938 | ||||||||||||
South Africa | 464,814 | 5,894,581 | — | 6,359,395 | ||||||||||||
South Korea | 2,917,709 | 12,890,412 | — | 15,808,121 | ||||||||||||
Taiwan | 1,754,174 | 4,952,591 | — | 6,706,765 | ||||||||||||
Thailand | — | 3,869,144 | — | 3,869,144 | ||||||||||||
Turkey | 342,372 | 811,152 | — | 1,153,524 | ||||||||||||
United Arab Emirates | — | 490,908 | — | 490,908 | ||||||||||||
United Kingdom | — | 433,800 | — | 433,800 | ||||||||||||
United States | 4,879,196 | — | — | 4,879,196 | ||||||||||||
Total Common Stock | 39,389,112 | 50,262,405 | — | 89,651,517 | ||||||||||||
Short-Term Investments | — | 3,473,684 | — | 3,473,684 | ||||||||||||
Total Investments, at value | $ | 39,389,112 | $ | 53,736,089 | $ | — | $ | 93,125,201 | ||||||||
Other Financial Instruments+ | ||||||||||||||||
Futures | 763 | — | — | 763 | ||||||||||||
Total Assets | $ | 39,389,875 | $ | 53,736,089 | $ | — | $ | 93,125,964 | ||||||||
^ | See Note 2, "Significant Accounting Policies" in the Notes to Financial Statements for additional information. |
+ | Other Financial Instruments are derivatives not reflected in the Portfolio of Investments and may include open forward foreign currency contracts, equity forwards, futures, swaps, and written options. Forward foreign currency contracts, equity forwards and futures are valued at the unrealized gain (loss) on the instrument. Swaps and written options are valued at the fair value of the instrument. |
# | The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Fund may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Fund's investments are categorized as Level 2 investments. |
There were no significant transfers between Level 1 and 2 during the period ended April 30, 2012. |
ING Emerging Markets Equity Fund Open Futures Contracts on April 30, 2012: | ||||||||||||||||
Contract Description | Number of Contracts | Expiration Date | Notional Value | Unrealized Appreciation/ (Depreciation) | ||||||||||||
Long Contracts | ||||||||||||||||
SGX S&P CNX Nifty Index | 55 | 05/31/12 | $ | 579,315 | $ | 763 | ||||||||||
$ | 579,315 | $ | 763 | |||||||||||||
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL BOND FUND |
AS OF APRIL 30, 2012 (UNAUDITED) |
Principal Amount† |
Value | Percentage of Net Assets | ||||
CORPORATE BONDS/NOTES: 31.1% | ||||||
Australia: 3.0% | ||||||
730,000 | # | FMG Resources August 2006 Pty Ltd., 6.000%, 04/01/17 | 744,600 | 0.1 | ||
350,000 | # | FMG Resources August 2006 Pty Ltd., 7.000%, 11/01/15 | 364,000 | 0.1 | ||
AUD 4,478,000 | New South Wales Treasury Corp., 6.000%, 03/01/22 | 5,196,256 | 0.7 | |||
AUD 4,478,000 | New South Wales Treasury Corp., 6.000%, 04/01/15 | 4,950,249 | 0.7 | |||
AUD 4,478,000 | Queensland Treasury Corp., 6.000%, 10/21/15 | 4,942,863 | 0.7 | |||
AUD 4,478,000 | Queensland Treasury Corp., 6.000%, 07/21/22 | 5,026,699 | 0.7 | |||
21,224,667 | 3.0 | |||||
Bermuda: 0.1% | ||||||
600,000 | # | China Resources Gas Group Ltd, 4.500%, 04/05/22 | 595,769 | 0.1 | ||
Brazil: 1.9% | ||||||
1,945,000 | # | Banco do Brasil SA, 5.875%, 01/26/22 | 2,032,525 | 0.3 | ||
BRL 3,899,000 | # | Banco Votorantim SA, 6.250%, 05/16/16 | 2,286,852 | 0.3 | ||
1,320,000 | Itau Unibanco Holding SA/Cayman Island, 5.750%, 01/22/21 | 1,366,200 | 0.2 | |||
505,000 | # | Itau Unibanco Holding SA/Cayman Island, 6.200%, 12/21/21 | 530,250 | 0.1 | ||
1,270,000 | Petrobras International Finance Co. - Pifco, 3.500%, 02/06/17 | 1,308,143 | 0.2 | |||
624,000 | Petrobras International Finance Co. - Pifco, 5.375%, 01/27/21 | 686,284 | 0.1 | |||
1,196,750 | # | QGOG Atlantic / Alaskan Rigs Ltd., 5.250%, 07/30/18 | 1,208,717 | 0.2 | ||
1,570,000 | Vale Overseas Ltd., 4.625%, 09/15/20 | 1,669,527 | 0.2 | |||
309,000 | Vale Overseas Ltd., 6.875%, 11/10/39 | 372,083 | 0.0 | |||
588,000 | # | Voto-Votorantim Ltd., 6.750%, 04/05/21 | 664,440 | 0.1 | ||
1,150,000 | Voto-Votorantim Overseas Trading Operations NV, 6.625%, 09/25/19 | 1,293,750 | 0.2 | |||
13,418,771 | 1.9 | |||||
British Virgin Islands: 0.2% | ||||||
1,336,000 | Sinochem Overseas Capital Co. Ltd., 4.500%, 11/12/20 | 1,321,952 | 0.2 | |||
Canada: 0.3% | ||||||
445,000 | # | Bombardier, Inc., 7.500%, 03/15/18 | 495,063 | 0.1 | ||
900,000 | # | Bombardier, Inc., 7.750%, 03/15/20 | 1,010,250 | 0.1 | ||
575,000 | Nova Chemicals Corp., 8.625%, 11/01/19 | 658,375 | 0.1 | |||
2,163,688 | 0.3 | |||||
Cayman Islands: 0.7% | ||||||
1,611,000 | # | IPIC GMTN Ltd., 5.500%, 03/01/22 | 1,691,550 | 0.3 | ||
1,185,000 | Odebrecht Finance Ltd, 7.000%, 04/21/20 | 1,327,200 | 0.2 | |||
240,000 | # | Odebrecht Finance Ltd., 7.500%, 09/29/49 | 249,000 | 0.0 | ||
665,000 | # | Sable International Finance Ltd., 8.750%, 02/01/20 | 709,887 | 0.1 | ||
750,000 | Seagate HDD Cayman, 6.875%, 05/01/20 | 808,125 | 0.1 | |||
4,785,762 | 0.7 | |||||
Chile: 0.4% | ||||||
1,200,000 | Corp Nacional del Cobre de Chile, 3.875%, 11/03/21 | 1,253,727 | 0.2 | |||
350,000 | Empresa Nacional del Petroleo, 4.750%, 12/06/21 | 363,370 | 0.0 | |||
750,000 | Empresa Nacional del Petroleo, 5.250%, 08/10/20 | 806,993 | 0.1 | |||
645,000 | # | Inversiones CMPC SA, 6.125%, 11/05/19 | 726,435 | 0.1 | ||
3,150,525 | 0.4 | |||||
China: 0.0% | ||||||
250,000 | # | Mega Advance Investments Ltd., 6.375%, 05/12/41 | 281,408 | 0.0 | ||
Colombia: 0.3% | ||||||
1,360,000 | # | Banco de Bogota SA, 5.000%, 01/15/17 | 1,415,760 | 0.2 | ||
719,000 | # | Empresa de Energia de Bogota SA, 6.125%, 11/10/21 | 762,140 | 0.1 | ||
2,177,900 | 0.3 | |||||
France: 0.1% | ||||||
904,000 | France Telecom S.A., 4.375%, 07/08/14 | 962,812 | 0.1 | |||
Hong Kong: 0.1% | ||||||
915,000 | PCCW-HKT Capital No 3 Ltd., 5.250%, 07/20/15 | 984,716 | 0.1 | |||
Italy: 0.2% | ||||||
914,000 | Telecom Italia Capital S.A., 5.250%, 11/15/13 | 932,280 | 0.1 | |||
277,000 | Telecom Italia Capital SA, 6.175%, 06/18/14 | 286,640 | 0.1 | |||
1,218,920 | 0.2 | |||||
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL BOND FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Principal Amount† |
Value | Percentage of Net Assets | ||||
Kazakhstan: 0.4% | ||||||
2,297,000 | # | KazMunaiGaz Finance Sub BV, 7.000%, 05/05/20 | 2,644,421 | 0.4 | ||
150,000 | KazMunayGas National Co., 7.000%, 05/05/20 | 172,688 | 0.0 | |||
2,817,109 | 0.4 | |||||
Luxembourg: 0.3% | ||||||
600,000 | # | Evraz Group SA, 7.400%, 04/24/17 | 606,000 | 0.1 | ||
1,315,000 | TNK-BP Finance SA, 7.875%, 03/13/18 | 1,535,263 | 0.2 | |||
2,141,263 | 0.3 | |||||
Mexico: 2.6% | ||||||
359,000 | # | Comision Federal de Electricidad, 5.750%, 02/14/42 | 367,975 | 0.1 | ||
432,000 | # | Petroleos Mexicanos, 4.875%, 01/24/22 | 461,361 | 0.1 | ||
1,936,000 | Petroleos Mexicanos, 5.500%, 01/21/21 | 2,164,448 | 0.3 | |||
MXN 140,000,000 | # | Petroleos Mexicanos, 7.650%, 11/24/21 | 11,013,247 | 1.6 | ||
1,585,000 | Sigma Alimentos SA de CV, 5.625%, 04/14/18 | 1,688,025 | 0.2 | |||
2,190,000 | Southern Copper Corp., 6.750%, 04/16/40 | 2,437,251 | 0.3 | |||
18,132,307 | 2.6 | |||||
Netherlands: 0.5% | ||||||
1,133,000 | Cooperatieve Centrale Raiffeisen-Boerenleenbank BA/Netherlands, 4.500%, 01/11/21 | 1,187,064 | 0.2 | |||
550,000 | # | LyondellBasell Industries NV, 6.000%, 11/15/21 | 596,750 | 0.1 | ||
480,000 | # | Schaeffler Finance BV, 7.750%, 02/15/17 | 511,200 | 0.1 | ||
245,000 | # | Schaeffler Finance BV, 8.500%, 02/15/19 | 263,988 | 0.0 | ||
740,000 | # | UPCB Finance VI Ltd., 6.875%, 01/15/22 | 764,050 | 0.1 | ||
3,323,052 | 0.5 | |||||
New Zealand: 0.1% | ||||||
800,000 | # | Reynolds Group Issuer, Inc., 7.125%, 04/15/19 | 840,000 | 0.1 | ||
Peru: 0.1% | ||||||
785,000 | # | Volcan Cia Minera SAA, 5.375%, 02/02/22 | 817,185 | 0.1 | ||
Qatar: 0.1% | ||||||
440,000 | # | Nakilat, Inc., 6.067%, 12/31/33 | 480,700 | 0.1 | ||
Russia: 0.0% | ||||||
400,000 | # | Gazprom OAO Via Gaz Capital SA, 5.999%, 01/23/21 | 428,160 | 0.0 | ||
South Korea: 0.1% | ||||||
492,000 | # | Korea Gas Corp., 6.250%, 01/20/42 | 566,562 | 0.1 | ||
United Arab Emirates: 0.3% | ||||||
1,080,000 | # | Abu Dhabi National Energy Co., 5.875%, 12/13/21 | 1,167,750 | 0.2 | ||
732,000 | # | Dolphin Energy Ltd., 5.500%, 12/15/21 | 783,240 | 0.1 | ||
1,950,990 | 0.3 | |||||
United Kingdom: 0.6% | ||||||
627,000 | # | Barclays Bank PLC, 6.050%, 12/04/17 | 631,796 | 0.1 | ||
1,096,000 | Diageo Capital PLC, 5.200%, 01/30/13 | 1,134,208 | 0.2 | |||
250,000 | # | Ineos Finance PLC, 8.375%, 02/15/19 | 268,750 | 0.0 | ||
300,000 | Intelsat Jackson Holdings SA, 7.250%, 10/15/20 | 314,250 | 0.0 | |||
325,000 | Intelsat Jackson Holdings SA, 7.500%, 04/01/21 | 342,875 | 0.1 | |||
665,000 | # | Lloyds TSB Bank PLC, 6.500%, 09/14/20 | 637,338 | 0.1 | ||
565,000 | Virgin Media Secured Finance PLC, 6.500%, 01/15/18 | 618,675 | 0.1 | |||
3,947,892 | 0.6 | |||||
United States: 17.8% | ||||||
1,201,000 | ACE INA Holdings, Inc., 5.900%, 06/15/19 | 1,467,598 | 0.2 | |||
565,000 | AES Corp., 8.000%, 10/15/17 | 646,925 | 0.1 | |||
426,000 | # | Allegheny Energy Supply Co. LLC, 5.750%, 10/15/19 | 469,917 | 0.1 | ||
304,000 | Alltel Corp., 7.000%, 03/15/16 | 364,787 | 0.1 | |||
625,000 | Alpha Natural Resources, Inc., 6.250%, 06/01/21 | 585,937 | 0.1 | |||
280,000 | Alpha Natural Resources, Inc., 6.000%, 06/01/19 | 263,200 | 0.0 | |||
388,000 | Altria Group, Inc., 9.250%, 08/06/19 | 529,934 | 0.1 | |||
900,000 | Altria Group, Inc., 9.700%, 11/10/18 | 1,223,310 | 0.2 | |||
735,000 | AMC Entertainment, Inc., 8.750%, 06/01/19 | 787,369 | 0.1 | |||
735,000 | # | AMC Networks, Inc., 7.750%, 07/15/21 | 825,038 | 0.1 | ||
847,000 | American Express Credit Corp., 2.750%, 09/15/15 | 879,556 | 0.1 | |||
1,871,000 | American Express Credit Corp., 5.125%, 08/25/14 | 2,031,726 | 0.3 | |||
664,000 | American International Group, Inc., 6.400%, 12/15/20 | 763,586 | 0.1 | |||
885,000 | Ameristar Casinos, Inc., 7.500%, 04/15/21 | 940,312 | 0.1 | |||
785,000 | # | Arch Coal, Inc., 7.250%, 06/15/21 | 704,537 | 0.1 |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL BOND FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Principal Amount† |
Value | Percentage of Net Assets | ||||
500,000 | Arch Coal, Inc., 8.750%, 08/01/16 | 503,750 | 0.1 | |||
2,040,000 | AT&T, Inc., 2.500%, 08/15/15 | 2,131,633 | 0.3 | |||
1,722,000 | AT&T, Inc., 5.350%, 09/01/40 | 1,886,987 | 0.3 | |||
1,080,000 | AutoZone, Inc., 4.000%, 11/15/20 | 1,146,717 | 0.2 | |||
200,000 | Bank of America Corp., 5.420%, 03/15/17 | 203,222 | 0.0 | |||
1,550,000 | Bank of America Corp., 5.625%, 07/01/20 | 1,603,862 | 0.2 | |||
650,000 | BB&T Corp., 5.700%, 04/30/14 | 710,270 | 0.1 | |||
65,000 | Brocade Communications Systems, Inc., 6.625%, 01/15/18 | 68,575 | 0.0 | |||
500,000 | Brocade Communications Systems, Inc., 6.875%, 01/15/20 | 548,750 | 0.1 | |||
1,000,000 | Cablevision Systems Corp., 8.000%, 04/15/20 | 1,085,000 | 0.2 | |||
590,000 | # | Calpine Corp., 7.875%, 07/31/20 | 646,050 | 0.1 | ||
900,000 | Case New Holland, Inc., 7.875%, 12/01/17 | 1,053,000 | 0.1 | |||
505,000 | CCO Holdings LLC / CCO Holdings Capital Corp., 7.000%, 01/15/19 | 542,875 | 0.1 | |||
400,000 | CCO Holdings LLC / CCO Holdings Capital Corp., 7.250%, 10/30/17 | 437,000 | 0.1 | |||
1,000,000 | Cellco Partnership / Verizon Wireless Capital, LLC, 5.550%, 02/01/14 | 1,079,253 | 0.2 | |||
845,000 | CF Industries, Inc., 6.875%, 05/01/18 | 984,425 | 0.1 | |||
500,000 | Chesapeake Energy Corp., 6.125%, 02/15/21 | 475,000 | 0.1 | |||
275,000 | Chesapeake Energy Corp., 6.625%, 08/15/20 | 269,500 | 0.0 | |||
520,000 | Chesapeake Midstream Partners L.P. / CHKM Finance Corp., 6.125%, 07/15/22 | 503,100 | 0.1 | |||
250,000 | # | Chesapeake Oilfield Operating LLC/Chesapeake Oilfield Finance, Inc., 6.625%, 11/15/19 | 236,250 | 0.0 | ||
370,000 | # | CHS/Community Health Systems, Inc., 8.000%, 11/15/19 | 391,275 | 0.1 | ||
848,000 | Citigroup, Inc., 5.000%, 09/15/14 | 877,454 | 0.1 | |||
360,000 | Citigroup, Inc., 8.500%, 05/22/19 | 447,712 | 0.1 | |||
840,000 | CMS Energy Corp., 6.250%, 02/01/20 | 929,377 | 0.1 | |||
1,923,000 | Comcast Corp., 5.700%, 05/15/18 | 2,284,459 | 0.3 | |||
718,000 | Comcast Corp., 6.550%, 07/01/39 | 892,026 | 0.1 | |||
64,000 | Commonwealth Edison Co., 4.700%, 04/15/15 | 70,663 | 0.0 | |||
150,000 | Consol Energy, Inc., 8.000%, 04/01/17 | 159,000 | 0.0 | |||
1,000,000 | Constellation Brands, Inc., 7.250%, 05/15/17 | 1,135,000 | 0.2 | |||
500,000 | Crosstex Energy L.P. / Crosstex Energy Finance Corp., 8.875%, 02/15/18 | 538,750 | 0.1 | |||
831,000 | CVS Caremark Corp., 6.125%, 09/15/39 | 1,003,184 | 0.1 | |||
800,000 | DaVita, Inc., 6.625%, 11/01/20 | 841,000 | 0.1 | |||
720,000 | # | Delphi Corp., 5.875%, 05/15/19 | 759,600 | 0.1 | ||
1,226,000 | Devon Energy Corp., 5.600%, 07/15/41 | 1,411,132 | 0.2 | |||
443,000 | DIRECTV Holdings LLC / DIRECTV Financing Co., Inc., 3.500%, 03/01/16 | 468,015 | 0.1 | |||
624,000 | Discover Bank/Greenwood DE, 7.000%, 04/15/20 | 726,460 | 0.1 | |||
205,000 | DISH DBS Corp., 6.750%, 06/01/21 | 225,500 | 0.0 | |||
620,000 | DISH DBS Corp., 7.875%, 09/01/19 | 720,750 | 0.1 | |||
500,000 | # | DPL, Inc., 6.500%, 10/15/16 | 545,000 | 0.1 | ||
411,000 | Enbridge Energy Partners, 9.875%, 03/01/19 | 554,922 | 0.1 | |||
785,000 | Endo Pharmaceuticals Holdings, Inc., 7.250%, 01/15/22 | 845,837 | 0.1 | |||
246,000 | Energy Transfer Partners, 9.700%, 03/15/19 | 317,149 | 0.0 | |||
684,000 | Entergy Corp., 5.125%, 09/15/20 | 706,365 | 0.1 | |||
438,000 | Entergy Texas, Inc., 7.125%, 02/01/19 | 532,677 | 0.1 | |||
597,000 | Enterprise Products Operating LLC, 6.450%, 09/01/40 | 712,762 | 0.1 | |||
560,000 | # | Fidelity National Information Services, Inc., 5.000%, 03/15/22 | 562,800 | 0.1 | ||
651,000 | Fifth Third Bancorp., 8.250%, 03/01/38 | 897,168 | 0.1 | |||
1,058,000 | First Horizon National Corp., 5.375%, 12/15/15 | 1,128,394 | 0.2 | |||
500,000 | Ford Motor Credit Co. LLC, 5.000%, 05/15/18 | 541,423 | 0.1 | |||
500,000 | Ford Motor Credit Co., LLC, 8.125%, 01/15/20 | 634,753 | 0.1 | |||
600,000 | # | Fresenius Medical Care US Finance II, Inc., 5.625%, 07/31/19 | 612,000 | 0.1 | ||
250,000 | Frontier Communications Corp., 7.875%, 04/15/15 | 272,500 | 0.0 |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL BOND FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Principal Amount† |
Value | Percentage of Net Assets | ||||
605,000 | General Electric Capital Corp., 2.250%, 11/09/15 | 619,586 | 0.1 | |||
2,493,000 | General Electric Capital Corp., 4.375%, 09/16/20 | 2,674,685 | 0.4 | |||
1,566,000 | Goldman Sachs Group, Inc./The, 5.250%, 07/27/21 | 1,586,682 | 0.2 | |||
780,000 | Hanesbrands, Inc., 6.375%, 12/15/20 | 809,250 | 0.1 | |||
735,000 | HCA, Inc., 7.250%, 09/15/20 | 817,687 | 0.1 | |||
506,000 | Hess Corp., 7.000%, 02/15/14 | 558,214 | 0.1 | |||
1,700,000 | Hewlett-Packard Co., 2.600%, 09/15/17 | 1,704,122 | 0.2 | |||
822,000 | HSBC USA, Inc., 5.000%, 09/27/20 | 833,330 | 0.1 | |||
370,000 | Hughes Satellite Systems Corp., 6.500%, 06/15/19 | 397,750 | 0.1 | |||
840,000 | Huntsman International LLC, 8.625%, 03/15/21 | 962,850 | 0.1 | |||
991,000 | # | Hyatt Hotels Corp., 6.875%, 08/15/19 | 1,166,115 | 0.2 | ||
1,888,000 | # | Hyundai Capital America, 4.000%, 06/08/17 | 1,952,989 | 0.3 | ||
430,000 | Indiana Michigan Power, 7.000%, 03/15/19 | 534,551 | 0.1 | |||
345,000 | Inergy L.P./Inergy Finance Corp., 6.875%, 08/01/21 | 350,175 | 0.1 | |||
680,000 | Jabil Circuit, Inc., 7.750%, 07/15/16 | 776,050 | 0.1 | |||
500,000 | # | JBS USA LLC/JBS USA Finance, Inc., 8.250%, 02/01/20 | 507,500 | 0.1 | ||
2,036,000 | JPMorgan Chase & Co., 4.400%, 07/22/20 | 2,158,641 | 0.3 | |||
250,000 | JPMorgan Chase Bank NA, 5.875%, 06/13/16 | 280,258 | 0.0 | |||
700,000 | KB Home, 6.250%, 06/15/15 | 684,250 | 0.1 | |||
2,632,000 | Kellogg Co., 4.000%, 12/15/20 | 2,841,270 | 0.4 | |||
500,000 | # | Kinder Morgan Finance Co. LLC, 6.000%, 01/15/18 | 527,500 | 0.1 | ||
1,154,000 | Kraft Foods, Inc., 6.500%, 08/11/17 | 1,401,551 | 0.2 | |||
885,000 | # | Lamar Media Corp., 5.875%, 02/01/22 | 913,763 | 0.1 | ||
703,000 | Lorillard Tobacco Co., 6.875%, 05/01/20 | 834,941 | 0.1 | |||
535,000 | Ltd. Brands, Inc., 5.625%, 02/15/22 | 541,019 | 0.1 | |||
565,000 | MarkWest Energy Partners L.P. / MarkWest Energy Finance Corp., 6.500%, 08/15/21 | 601,725 | 0.1 | |||
885,000 | # | Mediacom LLC / Mediacom Capital Corp., 7.250%, 02/15/22 | 902,700 | 0.1 | ||
220,000 | # | Meritage Homes Corp., 7.000%, 04/01/22 | 223,850 | 0.0 | ||
581,000 | Merrill Lynch & Co., Inc., 6.050%, 05/16/16 | 602,369 | 0.1 | |||
440,000 | MetroPCS Wireless, Inc., 6.625%, 11/15/20 | 424,600 | 0.1 | |||
464,000 | Metropolitan Edison, 7.700%, 01/15/19 | 586,492 | 0.1 | |||
392,000 | Morgan Stanley, 4.100%, 01/26/15 | 391,950 | 0.1 | |||
535,000 | Morgan Stanley, 7.300%, 05/13/19 | 574,773 | 0.1 | |||
470,000 | MPT Operating Partnership L.P./MPT Finance Corp., 6.375%, 02/15/22 | 474,700 | 0.1 | |||
500,000 | # | Mylan, Inc., 6.000%, 11/15/18 | 527,500 | 0.1 | ||
525,000 | # | Mylan, Inc./PA, 7.875%, 07/15/20 | 590,625 | 0.1 | ||
1,314,000 | NBCUniversal Media LLC, 2.875%, 04/01/16 | 1,375,172 | 0.2 | |||
711,000 | Nevada Power Co., 7.125%, 03/15/19 | 912,202 | 0.1 | |||
774,000 | News America, Inc., 6.900%, 03/01/19 | 953,267 | 0.1 | |||
790,000 | Nielsen Finance LLC / Nielsen Finance Co., 7.750%, 10/15/18 | 876,900 | 0.1 | |||
252,000 | Nisource Finance Corp., 6.125%, 03/01/22 | 301,309 | 0.0 | |||
1,000,000 | Omnicare, Inc., 7.750%, 06/01/20 | 1,105,000 | 0.2 | |||
2,334,000 | Oracle Corp., 5.375%, 07/15/40 | 2,766,392 | 0.4 | |||
800,000 | Owens, 7.375%, 05/15/16 | 908,000 | 0.1 | |||
857,000 | # | Pacific Life Insurance Co., 9.250%, 06/15/39 | 1,122,883 | 0.2 | ||
840,000 | # | Peabody Energy Corp., 6.000%, 11/15/18 | 856,800 | 0.1 | ||
125,000 | # | Peabody Energy Corp., 6.250%, 11/15/21 | 127,188 | 0.0 | ||
780,000 | Pinnacle Entertainment, Inc., 8.625%, 08/01/17 | 858,000 | 0.1 | |||
480,000 | Pioneer Natural Resources Co., 7.500%, 01/15/20 | 593,720 | 0.1 | |||
735,000 | Plains Exploration & Production Co., 7.625%, 04/01/20 | 797,475 | 0.1 | |||
1,245,000 | Protective Life Corp., 8.450%, 10/15/39 | 1,486,064 | 0.2 | |||
598,000 | Qwest Corp., 6.500%, 06/01/17 | 687,083 | 0.1 | |||
1,000,000 | # | Reliance Holdings USA, Inc., 5.400%, 02/14/22 | 1,003,833 | 0.1 | ||
750,000 | Rent-A-Center, Inc./TX, 6.625%, 11/15/20 | 787,500 | 0.1 | |||
1,100,000 | # | Sealed Air Corp., 8.375%, 09/15/21 | 1,254,000 | 0.2 | ||
554,000 | Sempra Energy, 6.500%, 06/01/16 | 659,749 | 0.1 | |||
645,000 | SLM Corp., 8.000%, 03/25/20 | 688,537 | 0.1 |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL BOND FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Principal Amount† |
Value | Percentage of Net Assets | ||||
300,000 | Smithfield Foods, Inc., 7.750%, 07/01/17 | 338,250 | 0.0 | |||
555,000 | Smithfield Foods, Inc., 10.000%, 07/15/14 | 652,125 | 0.1 | |||
476,000 | Southwestern Electric Power, 5.550%, 01/15/17 | 539,057 | 0.1 | |||
500,000 | SPX Corp., 6.875%, 09/01/17 | 550,000 | 0.1 | |||
2,078,000 | St. Jude Medical, Inc., 2.500%, 01/15/16 | 2,156,991 | 0.3 | |||
1,374,000 | Symantec Corp., 4.200%, 09/15/20 | 1,438,313 | 0.2 | |||
950,000 | Tenet Healthcare Corp., 10.000%, 05/01/18 | 1,102,000 | 0.2 | |||
633,000 | The Bank of New York Mellon Corp., 3.550%, 09/23/21 | 664,336 | 0.1 | |||
765,000 | Time Warner Cable, Inc., 5.875%, 11/15/40 | 845,965 | 0.1 | |||
937,000 | Time Warner Cable, Inc., 6.750%, 06/15/39 | 1,132,452 | 0.2 | |||
1,421,000 | Time Warner, Inc., 6.500%, 11/15/36 | 1,679,363 | 0.2 | |||
240,000 | Toll Brothers Finance Corp., 5.875%, 02/15/22 | 248,687 | 0.0 | |||
780,000 | Toys R Us Property Co. II LLC, 8.500%, 12/01/17 | 815,100 | 0.1 | |||
479,000 | Transcontinental Gas Pipe Line Co. LLC, 6.050%, 06/15/18 | 572,150 | 0.1 | |||
825,000 | Tyson Foods, Inc., 6.850%, 04/01/16 | 939,469 | 0.1 | |||
400,000 | # | Valeant Pharmaceuticals International, 7.000%, 10/01/20 | 407,500 | 0.1 | ||
720,000 | # | Valeant Pharmaceuticals International, 7.250%, 07/15/22 | 721,800 | 0.1 | ||
1,660,000 | Viacom, Inc., 6.125%, 10/05/17 | 1,997,302 | 0.3 | |||
860,000 | + | Wells Fargo & Co., 3.676%, 06/15/16 | 923,353 | 0.1 | ||
800,000 | Windstream Corp., 7.000%, 03/15/19 | 820,000 | 0.1 | |||
480,000 | # | WPX Energy, Inc., 6.000%, 01/15/22 | 469,200 | 0.1 | ||
210,000 | Wyndham Worldwide Corp., 7.375%, 03/01/20 | 251,314 | 0.0 | |||
735,000 | Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp., 7.875%, 11/01/17 | 809,419 | 0.1 | |||
257,000 | Xerox Corp., 4.250%, 02/15/15 | 274,064 | 0.0 | |||
735,000 | # | XM Satellite Radio, Inc., 7.625%, 11/01/18 | 804,825 | 0.1 | ||
124,954,180 | 17.8 | |||||
Venezuela: 0.9% | ||||||
5,023,995 | Petroleos de Venezuela, 5.000%, 10/28/15 | 4,335,708 | 0.6 | |||
655,300 | Petroleos de Venezuela SA, 5.500%, 04/12/37 | 401,371 | 0.1 | |||
1,585,600 | Petroleos de Venezuela SA, 8.500%, 11/02/17 | 1,419,112 | 0.2 | |||
6,156,191 | 0.9 | |||||
Total Corporate Bonds/Notes | ||||||
(Cost $207,268,367) | 218,842,481 | 31.1 | ||||
COLLATERALIZED MORTGAGE OBLIGATIONS: 9.7% | ||||||
United States: 9.7% | ||||||
1,685,000 | # | American General Mortgage Loan Trust, 5.750%, 09/25/48 | 1,732,035 | 0.2 | ||
2,144,102 | Banc of America Alternative Loan Trust, 4.750%, 02/25/19 | 2,196,150 | 0.3 | |||
1,550,000 | Banc of America Commercial Mortgage, Inc., 5.601%, 06/10/49 | 1,519,387 | 0.2 | |||
466,888 | Banc of America Funding Corp., 5.750%, 10/25/35 | 470,616 | 0.1 | |||
554,484 | Banc of America Funding Corp., 5.750%, 11/25/35 | 553,691 | 0.1 | |||
1,215,000 | # | Banc of America Merrill Lynch Commercial Mortgage, Inc., 5.320%, 07/10/43 | 1,172,565 | 0.2 | ||
1,588,703 | Bear Stearns Adjustable Rate Mortgage Trust, 2.660%, 08/25/35 | 1,528,988 | 0.2 | |||
580,000 | # | Bear Stearns Commercial Mortgage Securities, 5.714%, 04/12/38 | 534,427 | 0.1 | ||
610,000 | # | Bear Stearns Deutsche Bank Trust, 5.008%, 09/15/27 | 649,491 | 0.1 | ||
1,738,731 | Chase Mortgage Finance Corp., 5.262%, 12/25/35 | 1,643,695 | 0.2 | |||
583,515 | # | Commercial Mortgage Pass Through Certificates, 0.420%, 06/15/22 | 567,483 | 0.1 | ||
720,000 | Credit Suisse First Boston Mortgage Securities Corp., 5.100%, 08/15/38 | 670,374 | 0.1 | |||
1,967,182 | # | Credit Suisse Mortgage Capital Certificates, 5.165%, 07/27/37 | 2,001,333 | 0.3 | ||
2,365,739 | Credit Suisse Mortgage Capital Certificates, 5.589%, 09/15/40 | 2,376,714 | 0.3 | |||
500,000 | Credit Suisse Mortgage Capital Certificates, 5.867%, 06/15/39 | 544,637 | 0.1 | |||
2,227,253 | CW Capital Cobalt Ltd., 5.930%, 05/15/46 | 2,245,299 | 0.3 | |||
806,272 | First Horizon Asset Securities, Inc., 5.750%, 02/25/36 | 806,675 | 0.1 |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL BOND FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Principal Amount† |
Value | Percentage of Net Assets | ||||
1,915,494 | GE Capital Commercial Mortgage Corp., 4.839%, 05/10/43 | 1,914,813 | 0.3 | |||
3,180,000 | GMAC Commercial Mortgage Securities, Inc., 4.619%, 05/10/43 | 3,318,853 | 0.5 | |||
2,165,000 | # | GS Mortgage Securities Corp. II, 5.309%, 01/10/40 | 2,182,344 | 0.3 | ||
1,630,000 | # | Heller Financial Commercial Mortgage Asset, 6.500%, 05/15/31 | 1,632,044 | 0.2 | ||
2,092,272 | JP Morgan Chase Commercial Mortgage Securities Corp., 5.247%, 01/12/43 | 2,099,108 | 0.3 | |||
843,073 | JP Morgan Chase Commercial Mortgage Securities Corp., 5.988%, 06/15/49 | 846,516 | 0.1 | |||
538,026 | JPMorgan Mortgage Trust, 3.628%, 07/25/35 | 505,976 | 0.1 | |||
132,830 | JPMorgan Mortgage Trust, 4.066%, 07/25/35 | 132,633 | 0.0 | |||
533,533 | JPMorgan Mortgage Trust, 5.315%, 07/25/35 | 536,715 | 0.1 | |||
660,000 | # | LB-UBS Commercial Mortgage Trust, 5.032%, 10/15/36 | 630,372 | 0.1 | ||
260,000 | # | LB-UBS Commercial Mortgage Trust, 5.750%, 01/15/36 | 260,112 | 0.0 | ||
2,000,000 | LB-UBS Commercial Mortgage Trust, 6.087%, 06/15/38 | 1,651,071 | 0.2 | |||
GBP 2,841,000 | MBNA Credit Card Master Note Trust, 6.100%, 05/17/13 | 4,753,596 | 0.7 | |||
1,996,713 | Merrill Lynch Mortgage Investors, Inc., 5.250%, 08/25/36 | 2,025,669 | 0.3 | |||
1,187,832 | Merrill Lynch/Countrywide Commercial Mortgage Trust, 5.331%, 03/12/51 | 1,187,413 | 0.2 | |||
550,000 | Morgan Stanley Capital I, 5.073%, 08/13/42 | 544,348 | 0.1 | |||
1,210,000 | Morgan Stanley Capital I, 5.302%, 01/14/42 | 1,186,351 | 0.2 | |||
1,330,000 | # | Morgan Stanley Capital I, 5.599%, 01/13/41 | 1,323,213 | 0.2 | ||
2,583,982 | Morgan Stanley Capital I, 5.782%, 04/12/49 | 2,659,461 | 0.4 | |||
2,600,000 | # | Morgan Stanley Reremic Trust, 5.854%, 12/17/43 | 2,652,100 | 0.4 | ||
960,000 | # | RBSCF Trust, 5.305%, 01/16/49 | 974,780 | 0.1 | ||
172,246 | Salomon Brothers Mortgage Securities VII, Inc., 6.784%, 12/18/35 | 171,962 | 0.0 | |||
569,265 | Structured Adjustable Rate Mortgage Loan Trust, 5.391%, 11/25/34 | 558,201 | 0.1 | |||
1,274,690 | + | Structured Asset Securities Corp., 4.550%, 02/25/34 | 1,291,149 | 0.2 | ||
545,143 | Structured Asset Securities Corp., 5.000%, 05/25/35 | 546,393 | 0.1 | |||
630,000 | Wachovia Bank Commercial Mortgage Trust, 5.383%, 12/15/43 | 585,715 | 0.1 | |||
2,502,142 | Wachovia Bank Commercial Mortgage Trust, 5.922%, 06/15/49 | 2,550,328 | 0.3 | |||
1,970,000 | Wachovia Bank Commercial Mortgage Trust, 5.927%, 06/15/49 | 2,144,239 | 0.3 | |||
501,224 | WaMu Mortgage Pass Through Certificates, 2.470%, 01/25/36 | 458,148 | 0.1 | |||
1,337,601 | Wells Fargo Mortgage Backed Securities Trust, 2.655%, 06/25/35 | 1,274,443 | 0.2 | |||
676,183 | Wells Fargo Mortgage Backed Securities Trust, 5.000%, 11/25/36 | 700,152 | 0.1 | |||
651,172 | Wells Fargo Mortgage Backed Securities Trust, 5.251%, 05/25/35 | 651,262 | 0.1 | |||
1,159,386 | Wells Fargo Mortgage Backed Securities Trust, 5.500%, 09/25/37 | 1,158,808 | 0.1 | |||
1,831,926 | Wells Fargo Mortgage-Backed Securities Trust, 5.350%, 08/25/35 | 1,853,800 | 0.2 | |||
Total Collateralized Mortgage Obligations | ||||||
(Cost $68,197,788) | 68,175,648 | 9.7 | ||||
FOREIGN GOVERNMENT BONDS: 27.5% | ||||||
Argentina: 0.6% | ||||||
4,845,492 | Argentina Government International Bond, 12/15/35 | 593,573 | 0.1 | |||
676,964 | Argentina Government International Bond, 7.000%, 10/03/15 | 616,037 | 0.1 | |||
2,313,927 | Argentina Government International Bond, 7.000%, 04/17/17 | 1,895,106 | 0.3 | |||
633,405 | Argentina Government International Bond, 7.000%, 09/12/13 | 633,405 | 0.1 | |||
543,768 | Argentina Government International Bond, 8.280%, 12/31/33 | 391,513 | 0.0 | |||
4,129,634 | 0.6 | |||||
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL BOND FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Principal Amount† |
Value | Percentage of Net Assets | ||||
Brazil: 7.6% | ||||||
BRL 95,901,000 | Brazil Notas do Tesouro Nacional Series F, 10.000%, 01/01/21 | 48,475,750 | 6.9 | |||
1,164,000 | Federal Republic of Brazil, 5.625%, 01/07/41 | 1,390,980 | 0.2 | |||
2,217,000 | Federal Republic of Brazil, 10.125%, 05/15/27 | 3,748,947 | 0.5 | |||
53,615,677 | 7.6 | |||||
Canada: 1.2% | ||||||
CAD 3,000,000 | Canadian Government Bond, 1.750%, 03/01/13 | 3,049,258 | 0.4 | |||
CAD 1,000,000 | Canadian Government Bond, 3.000%, 12/01/15 | 1,064,210 | 0.2 | |||
CAD 2,000,000 | Canadian Government Bond, 3.500%, 06/01/20 | 2,259,716 | 0.3 | |||
CAD 1,800,000 | Canadian Government Bond, 4.000%, 06/01/41 | 2,335,071 | 0.3 | |||
8,708,255 | 1.2 | |||||
Colombia: 0.4% | ||||||
1,853,000 | Colombia Government International Bond, 6.125%, 01/18/41 | 2,349,604 | 0.3 | |||
306,000 | Colombia Government International Bond, 7.375%, 09/18/37 | 441,864 | 0.1 | |||
2,791,468 | 0.4 | |||||
Dominican Republic: 0.7% | ||||||
DOP 188,000,000 | # | Dominican Republic International Bond, 16.950%, 02/04/22 | 4,862,982 | 0.7 | ||
Germany: 1.7% | ||||||
EUR 410,000 | Bundesobligation, 1.250%, 10/14/16 | 560,367 | 0.1 | |||
EUR 8,090,000 | Bundesrepublik Deutschland, 2.000%, 01/04/22 | 11,120,628 | 1.6 | |||
11,680,995 | 1.7 | |||||
Hungary: 0.2% | ||||||
716,000 | Hungary Government International Bond, 4.750%, 02/03/15 | 691,126 | 0.1 | |||
1,097,000 | Hungary Government International Bond, 6.250%, 01/29/20 | 1,058,605 | 0.1 | |||
1,749,731 | 0.2 | |||||
Indonesia: 0.6% | ||||||
2,057,000 | # | Indonesia Government International Bond, 3.750%, 04/25/22 | 2,036,430 | 0.3 | ||
700,000 | Indonesia Government International Bond, 4.875%, 05/05/21 | 756,000 | 0.1 | |||
992,000 | Indonesia Government International Bond, 6.625%, 02/17/37 | 1,204,040 | 0.2 | |||
3,996,470 | 0.6 | |||||
Ireland: 2.6% | ||||||
EUR 8,976,000 | Ireland Government Bond, 4.400%, 06/18/19 | 10,596,756 | 1.5 | |||
EUR 6,440,000 | Ireland Government Bond, 4.500%, 04/18/20 | 7,432,776 | 1.1 | |||
18,029,532 | 2.6 | |||||
Italy: 2.1% | ||||||
EUR 11,090,000 | Italy Buoni Poliennali Del Tesoro, 5.500%, 09/01/22 | 14,585,113 | 2.1 | |||
Lithuania: 0.3% | ||||||
1,074,000 | # | Lithuania Government International Bond, 5.125%, 09/14/17 | 1,127,700 | 0.2 | ||
655,000 | # | Lithuania Government International Bond, 6.625%, 02/01/22 | 736,056 | 0.1 | ||
1,863,756 | 0.3 | |||||
Mexico: 0.1% | ||||||
658,000 | Mexico Government International Bond, 6.050%, 01/11/40 | 824,145 | 0.1 | |||
Panama: 0.4% | ||||||
577,000 | Panama Government International Bond, 5.200%, 01/30/20 | 673,648 | 0.1 | |||
709,000 | Panama Government International Bond, 6.700%, 01/26/36 | 954,314 | 0.2 | |||
680,000 | Panama Government International Bond, 7.125%, 01/29/26 | 924,800 | 0.1 | |||
2,552,762 | 0.4 | |||||
Peru: 0.4% | ||||||
1,822,000 | Peru Government International Bond, 8.750%, 11/21/33 | 2,928,865 | 0.4 | |||
Philippines: 0.5% | ||||||
1,828,000 | Philippine Government International Bond, 4.000%, 01/15/21 | 1,937,680 | 0.2 | |||
1,419,000 | Philippine Government International Bond, 7.750%, 01/14/31 | 1,983,052 | 0.3 | |||
3,920,732 | 0.5 | |||||
Poland: 0.3% | ||||||
1,447,000 | Poland Government International Bond, 5.000%, 03/23/22 | 1,555,525 | 0.2 | |||
747,000 | Poland Government International Bond, 6.375%, 07/15/19 | 880,526 | 0.1 | |||
2,436,051 | 0.3 | |||||
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL BOND FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Principal Amount† |
Value | Percentage of Net Assets | ||||
Russia: 1.8% | ||||||
3,092,189 | # | Russia Government Bond, 7.500%, 03/31/30 | 3,714,493 | 0.5 | ||
RUB 200,000,000 | Russian Federal Bond - OFZ, 7.500%, 03/15/18 | 6,803,080 | 1.0 | |||
600,000 | # | Russian Foreign Bond - Eurobond, 3.250%, 04/04/17 | 609,750 | 0.1 | ||
800,000 | # | Russian Foreign Bond - Eurobond, 5.625%, 04/04/42 | 850,960 | 0.1 | ||
751,440 | Russian Foreign Bond - Eurobond, 7.500%, 03/31/30 | 902,667 | 0.1 | |||
12,880,950 | 1.8 | |||||
South Africa: 3.0% | ||||||
ZAR 120,000,000 | South Africa Government Bond, 10.500%, 12/21/26 | 18,469,890 | 2.6 | |||
2,136,000 | South Africa Government International Bond, 5.500%, 03/09/20 | 2,440,380 | 0.4 | |||
20,910,270 | 3.0 | |||||
South Korea: 0.1% | ||||||
500,000 | # | Korea Housing Finance Corp., 4.125%, 12/15/15 | 529,319 | 0.1 | ||
Turkey: 0.8% | ||||||
1,137,000 | Turkey Government International Bond, 5.125%, 03/25/22 | 1,160,877 | 0.2 | |||
1,049,000 | Turkey Government International Bond, 6.250%, 09/26/22 | 1,167,013 | 0.2 | |||
1,851,000 | Turkey Government International Bond, 7.500%, 11/07/19 | 2,230,455 | 0.3 | |||
819,000 | Turkey Government International Bond, 7.000%, 09/26/16 | 932,636 | 0.1 | |||
5,490,981 | 0.8 | |||||
Ukraine: 0.7% | ||||||
166,000 | Ukraine Government International Bond, 6.250%, 06/17/16 | 153,550 | 0.0 | |||
1,049,000 | # | Ukraine Government International Bond, 6.250%, 06/17/16 | 970,325 | 0.2 | ||
2,197,000 | Ukraine Government International Bond, 7.650%, 06/11/13 | 2,186,015 | 0.3 | |||
1,342,000 | # | Ukraine Government International Bond, 7.650%, 06/11/13 | 1,335,290 | 0.2 | ||
4,645,180 | 0.7 | |||||
United Kingdom: 0.9% | ||||||
GBP 800,000 | United Kingdom Gilt, 4.250%, 12/07/40 | 1,520,667 | 0.2 | |||
GBP 1,000,000 | United Kingdom Gilt, 4.500%, 03/07/13 | 1,678,898 | 0.2 | |||
GBP 800,000 | United Kingdom Gilt, 4.750%, 03/07/20 | 1,589,565 | 0.2 | |||
GBP 1,000,000 | United Kingdom Gilt, 4.750%, 09/07/15 | 1,843,827 | 0.3 | |||
6,632,957 | 0.9 | |||||
Uruguay: 0.4% | ||||||
UYU 6,067,000 | Uruguay Government International Bond, 4.250%, 04/05/27 | 496,690 | 0.1 | |||
494,000 | Uruguay Government International Bond, 6.875%, 09/28/25 | 647,140 | 0.1 | |||
524,285 | Uruguay Government International Bond, 7.625%, 03/21/36 | 741,601 | 0.1 | |||
618,982 | & | Uruguay Government International Bond, 7.875%, 01/15/33 | 880,502 | 0.1 | ||
2,765,933 | 0.4 | |||||
Venezuela: 0.1% | ||||||
606,600 | Venezuela Government International Bond, 11.950%, 08/05/31 | 608,116 | 0.1 | |||
Total Foreign Government Bonds | ||||||
(Cost $193,630,479) | 193,139,874 | 27.5 | ||||
U.S. GOVERNMENT AGENCY OBLIGATIONS: 8.9% | ||||||
Federal Home Loan Mortgage Corporation: 3.8%## | ||||||
7,432,903 | 0.690%, due 06/15/37 | 7,451,086 | 1.1 | |||
2,533,000 | 1.750%, due 05/30/19 | 2,553,221 | 0.4 | |||
8,793,000 | 2.375%, due 01/13/22 | 8,859,071 | 1.3 | |||
5,629,583 | ^ | 5.000%, due 02/15/40 | 960,524 | 0.1 | ||
1,428,388 | 5.500%, due 11/15/32 | 1,585,784 | 0.2 | |||
9,503,032 | ^ | 5.810%, due 07/15/40 | 1,722,482 | 0.2 | ||
14,661,376 | ^ | 6.410%, due 02/15/41 | 3,319,922 | 0.5 | ||
26,452,090 | 3.8 | |||||
Federal National Mortgage Association: 3.0%## | ||||||
1,765,000 | W | 3.500%, due 12/25/40 | 1,833,118 | 0.3 | ||
575,583 | 4.500%, due 12/01/40 | 618,155 | 0.1 | |||
1,025,443 | 4.500%, due 12/01/40 | 1,101,290 | 0.2 | |||
1,226,612 | 4.500%, due 12/01/40 | 1,317,338 | 0.2 | |||
1,536,219 | 4.500%, due 01/01/41 | 1,649,845 | 0.2 | |||
1,305,954 | 4.500%, due 01/01/41 | 1,402,549 | 0.2 | |||
486,451 | 4.500%, due 09/01/41 | 522,431 | 0.1 | |||
12,637,532 | ^ | 5.000%, due 05/25/18 | 1,058,402 | 0.2 | ||
915,694 | 5.000%, due 07/25/34 | 958,374 | 0.1 | |||
1,400,421 | 5.000%, due 05/01/41 | 1,529,386 | 0.2 | |||
470,091 | 5.000%, due 06/01/41 | 513,382 | 0.1 | |||
937,536 | 6.000%, due 04/25/33 | 1,053,800 | 0.1 | |||
1,502,602 | 6.000%, due 12/01/37 | 1,678,043 | 0.2 | |||
4,959,175 | ^ | 6.211%, due 02/25/42 | 1,094,528 | 0.2 | ||
1,221,121 | 7.001%, due 08/25/37 | 1,340,121 | 0.2 | |||
29,169 | 7.523%, due 06/17/40 | 30,295 | 0.0 | |||
747,142 | 23.045%, due 07/25/35 | 950,734 | 0.1 | |||
1,366,674 | 32.256%, due 11/25/36 | 2,315,925 | 0.3 | |||
20,967,716 | 3.0 | |||||
Government National Mortgage Association: 2.1% | ||||||
3,139,877 | 0.760%, due 12/20/38 | 3,152,640 | 0.5 | |||
6,852,655 | ^ | 4.000%, due 04/20/38 | 910,816 | 0.1 | ||
14,725,612 | ^ | 4.500%, due 12/20/37 | 2,012,844 | 0.3 | ||
1,215,244 | 4.500%, due 08/20/41 | 1,335,356 | 0.2 | |||
5,039,258 | ^ | 5.000%, due 11/20/39 | 699,074 | 0.1 |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL BOND FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Principal Amount† |
Value | Percentage of Net Assets | ||||
12,035,901 | ^ | 5.000%, due 10/20/40 | 1,559,630 | 0.2 | ||
777,307 | 5.140%, due 10/20/60 | 886,791 | 0.1 | |||
507,970 | 5.288%, due 10/20/60 | 582,863 | 0.1 | |||
173,641 | 5.500%, due 03/20/39 | 193,823 | 0.0 | |||
1,583,346 | 21.271%, due 03/20/37 | 2,337,593 | 0.3 | |||
792,244 | 24.419%, due 04/16/37 | 1,160,587 | 0.2 | |||
14,832,017 | 2.1 | |||||
Total U.S. Government Agency Obligations | ||||||
(Cost $60,639,219) | 62,251,823 | 8.9 | ||||
U.S. TREASURY OBLIGATIONS: 7.6% | ||||||
U.S. Treasury Bonds: 2.1% | ||||||
7,282,000 | 2.000%, due 02/15/22 | 7,333,200 | 1.1 | |||
7,245,000 | 3.125%, due 11/15/41 | 7,257,454 | 1.0 | |||
14,590,654 | 2.1 | |||||
U.S. Treasury Notes: 5.5% | ||||||
1,466,000 | 0.375%, due 04/15/15 | 1,466,114 | 0.2 | |||
6,279,000 | 0.250%, due 03/31/14 | 6,279,245 | 0.9 | |||
875,000 | 0.375%, due 03/15/15 | 875,137 | 0.1 | |||
5,612,000 | 1.000%, due 03/31/17 | 5,668,120 | 0.8 | |||
24,435,000 | 1.500%, due 03/31/19 | 24,759,521 | 3.5 | |||
39,048,137 | 5.5 | |||||
Total U.S. Treasury Obligations | ||||||
(Cost $52,417,082) | 53,638,791 | 7.6 | ||||
# of Contracts | Value | Percentage of Net Assets | ||||
PURCHASED OPTIONS: 0.2% | ||||||
Credit Default Swaptions: 0.1% | ||||||
27,975,000 | @ | Call on OTC Swaption, CDX.NA.HY.18, Fund Receives, Strike @ 94.000, Exp. 09/19/12 Counterparty: Morgan Stanley | 700,836 | 0.1 | ||
Interest Rate Swaptions: 0.0% | ||||||
39,800,000 | @ | Call OTC Swaption, 3-month USD-LIBOR-BBA, Fund Receives, Strike @ 2.400%, Exp. 07/11/22 Counterparty: Citigroup, Inc. | 170,280 | 0.0 | ||
Options On Currencies: 0.1% | ||||||
36,400,000 | @ | EUR Put vs. USD Call Currency Option, Strike @ 1.300, Exp. 05/25/12 Counterparty: Barclays Bank PLC | 110,092 | 0.0 | ||
35,100,000 | @ | JPY Put vs. USD Call Currency Option, Strike @ 82.000, Exp. 09/10/12 Counterparty: Morgan Stanley | 396,448 | 0.1 | ||
14,500,000 | @ | USD Put vs. BRL Call Currency Option, Strike @ 1.865, Exp. 06/21/12 Counterparty: Deutsche Bank AG | 63,419 | 0.0 | ||
569,959 | 0.1 | |||||
Total Purchased Options | ||||||
(Cost $2,732,827) | 1,441,075 | 0.2 | ||||
Total Long-Term Investments | ||||||
(Cost $584,885,762) | 597,489,692 | 85.0 | ||||
Principal Amount† | Value | Percentage of Net Assets | ||||
SHORT-TERM INVESTMENTS: 20.9% | ||||||
Commercial Paper: 8.2% | ||||||
5,000,000 | Comcast, 0.440%, 06/15/12 | 4,997,189 | 0.7 | |||
5,000,000 | Concord Minutemen, 0.490%, 10/02/12 | 4,989,500 | 0.7 | |||
5,000,000 | Crown Point, 0.490%, 10/02/12 | 4,989,500 | 0.7 | |||
5,677,000 | CVS Caremark, 0.330%, 05/01/12 | 5,676,948 | 0.8 | |||
6,300,000 | Devon Energy Corp., 0.390%, 05/07/12 | 6,299,522 | 0.9 | |||
4,800,000 | Florida Power Corp., 0.420%, 05/03/12 | 4,799,832 | 0.7 | |||
5,000,000 | Kraft Foods, 0.450%, 06/28/12 | 4,996,276 | 0.7 | |||
7,000,000 | Kroger Co., 0.400%, 05/01/12 | 6,999,922 | 1.0 | |||
7,000,000 | Pacific Gas & Electric, 0.440%, 05/24/12 | 6,997,947 | 1.0 | |||
7,000,000 | Volkswagen Credit, 0.420%, 05/11/12 | 6,999,102 | 1.0 | |||
57,745,738 | 8.2 | |||||
Foreign Government Bonds: 5.6% | ||||||
KRW 22,309,080,000 | Korea Monetary Stabilization Bond, 3.460%, 10/09/12 | 19,788,612 | 2.8 | |||
MXN 255,636,000 | Mexico Cetes, 4.330%, 06/14/12 | 19,519,518 | 2.8 | |||
39,308,130 | 5.6 | |||||
Shares | Value | Percentage of Net Assets | ||||
Repurchase Agreement: 6.5% | ||||||
45,449,000 | Deutsche Bank AG Repurchase Agreement dated 04/30/12, 0.190%, due 05/01/12, $45,449,240 to be received upon repurchase (Collateralized by $46,242,400, United States Treasury, 0.875%, Market Value plus accrued interest $46,358,006 due 04/30/17) | |||||
(Cost $45,449,000) | 45,449,000 | 6.5 |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL BOND FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Shares | Value | Percentage of Net Assets | ||||
Mutual Funds: 0.6% | ||||||
4,507,000 | BlackRock Liquidity Funds, TempFund, Institutional Class | |||||
(Cost $4,507,000) | 4,507,000 | 0.6 | ||||
Total Short-Term Investments | ||||||
(Cost $146,826,874) | 147,009,868 | 20.9 | ||||
Total Investments in Securities (Cost $731,712,636) |
$ 744,499,560 | 105.9 | ||||
Liabilities in Excess of Other Assets | (41,476,660) | (5.9) | ||||
Net Assets | $ 703,022,900 | 100.0 | ||||
† | Unless otherwise indicated, principal amount is shown in USD. |
# | Securities with purchases pursuant to Rule 144A or section 4(2), under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers. |
## | On September 7, 2008, the Federal Housing Finance Agency placed the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation into conservatorship and the U.S. Treasury guaranteed the debt issued by those organizations. |
@ | Non-income producing security |
& | Payment-in-kind |
+ | Step-up basis bonds. Interest rates shown reflect current and next coupon rates. |
W | Settlement is on a when-issued or delayed-delivery basis. |
^ | Interest only securities represent the right to receive the monthly interest payments on an underlying pool of mortgage loans. Principal amount shown represents the notional amount on which current interest is calculated. Payments of principal on the pool reduce the value of the interest only security. |
AUD | Australian Dollar |
BRL | Brazilian Real |
CAD | Canadian Dollar |
DOP | Dominican Peso |
EUR | EU Euro |
GBP | British Pound |
KRW | South Korean Won |
MXN | Mexican Peso |
RUB | Russian Ruble |
UYU | Uruguayan Peso Uruguayo |
ZAR | South African Rand |
Cost for federal income tax purposes is $732,043,066. | ||
Net unrealized appreciation consists of: | ||
Gross Unrealized Appreciation | $20,642,248 | |
Gross Unrealized Depreciation |
(8,185,754) | |
Net Unrealized Appreciation | $12,456,494 | |
Sector Diversification | Percentage of Net Assets | |||
Collateralized Mortgage Obligations | 9.7 | % | ||
Consumer Discretionary | 4.0 | |||
Consumer Staples | 2.2 | |||
Corporate Bonds/Notes | 0.8 | |||
Credit Default Swaptions | 0.1 | |||
Energy | 5.4 | |||
Federal Home Loan Mortgage Corporation | 2.3 | |||
Federal National Mortgage Association | 3.0 | |||
Financials | 9.3 | |||
Foreign Government Bonds | 28.1 | |||
Government National Mortgage Association | 2.1 | |||
Health Care | 1.6 | |||
Industrials | 0.7 | |||
Information Technology | 1.2 | |||
Interest Rate Swaptions | 0.0 | |||
Materials | 1.6 | |||
Options On Currencies | 0.1 | |||
Telecommunication Services | 1.8 | |||
Telecommunications | 0.3 | |||
U.S. Government Agency Obligations | 1.5 | |||
U.S. Treasury Bonds | 2.1 | |||
U.S. Treasury Notes | 5.3 | |||
U.S. Treasury Obligations | 0.2 | |||
Utilities | 1.6 | |||
Short-Term Investments | 20.9 | |||
Liabilities in Excess of Other Assets | (5.9 | ) | ||
Net Assets | 100.0 | % | ||
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL BOND FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Fair Value Measurements^ | ||||||||||||||||
The following is a summary of the fair valuations according to the inputs used as of April 30, 2012 in valuing the assets and liabilities: | ||||||||||||||||
Quoted Prices
in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at 4/30/2012 | |||||||||||||
Asset Table | ||||||||||||||||
Investments, at value | ||||||||||||||||
Purchased Options | $ | — | $ | 1,441,075 | $ | — | $ | 1,441,075 | ||||||||
Corporate Bonds/Notes | — | 218,842,481 | — | 218,842,481 | ||||||||||||
Collateralized Mortgage Obligations | — | 68,175,648 | — | 68,175,648 | ||||||||||||
Short-Term Investments | 4,507,000 | 142,502,868 | — | 147,009,868 | ||||||||||||
Foreign Government Bonds | — | 193,139,874 | — | 193,139,874 | ||||||||||||
U.S. Treasury Obligations | — | 53,638,791 | — | 53,638,791 | ||||||||||||
U.S. Government Agency Obligations | — | 62,251,823 | — | 62,251,823 | ||||||||||||
Total Investments, at value | $ | 4,507,000 | $ | 739,992,560 | $ | — | $ | 744,499,560 | ||||||||
Other Financial Instruments+ | ||||||||||||||||
Swaps | — | 2,156,268 | — | 2,156,268 | ||||||||||||
Futures | 1,445,804 | — | — | 1,445,804 | ||||||||||||
Forward Foreign Currency Contracts | — | 14,005,491 | — | 14,005,491 | ||||||||||||
Total Assets | $ | 5,952,804 | $ | 756,154,319 | $ | — | $ | 762,107,123 | ||||||||
Liabilities Table | ||||||||||||||||
Other Financial Instruments+ | ||||||||||||||||
Swaps | $ | — | $ | (20,033,313 | ) | $ | — | $ | (20,033,313 | ) | ||||||
Futures | (1,239,438 | ) | — | — | (1,239,438 | ) | ||||||||||
Written Options | — | (733,398 | ) | — | (733,398 | ) | ||||||||||
Forward Foreign Currency Contracts | — | (14,729,043 | ) | — | (14,729,043 | ) | ||||||||||
Total Liabilities | $ | (1,239,438 | ) | $ | (35,495,754 | ) | $ | — | $ | (36,735,192 | ) | |||||
^ | See Note 2, "Significant Accounting Policies" in the Notes to Financial Statements for additional information. |
+ | Other Financial Instruments are derivatives not reflected in the Portfolio of Investments and may include open forward foreign currency contracts, equity forwards, futures, swaps, and written options. Forward foreign currency contracts, equity forwards and futures are valued at the unrealized gain (loss) on the instrument. Swaps and written options are valued at the fair value of the instrument. |
There were no significant transfers between Level 1 and 2 during the period ended April 30, 2012. |
The following is a reconciliation of the fair valuations using significant observable inputs (Level 3) for the Fund’s assets and liabilities during the period ended April 30, 2012:
Asset Table | Beginning Balance on 10/31/2011 | Purchases | Sales | Accrued Discounts/ (Premiums) | Total Realized Gain (Loss) | Total Unrealized Appreciation (Depreciation) | Transfers into Level 3 | Transfers Out of Level 3 | Ending Balance on 4/30/2012 | |||||||||||||||||||||||||||
Investments, at value | ||||||||||||||||||||||||||||||||||||
Corporate Bonds/Notes | $ | 19,149,143 | $ | — | $ | (20,422,064 | ) | $ | — | $ | 85,920 | $ | 1,187,001 | $ | — | $ | — | $ | — | |||||||||||||||||
Total Investments, at value | $ | 19,149,143 | $ | — | $ | (20,422,064 | ) | $ | — | $ | 85,920 | $ | 1,187,001 | $ | — | $ | — | $ | — | |||||||||||||||||
As of April 30, 2012, total change in unrealized gain (loss) on Level 3 securities still held at period end and included in the change in net assets was $– |
At April 30, 2012, the following forward foreign currency contracts were outstanding for the ING Global Bond Fund: | ||||||||||||||||||||||||
Counterparty | Currency | Contract Amount | Buy/Sell | Settlement Date | In Exchange For | Fair Value | Unrealized Appreciation (Depreciation) | |||||||||||||||||
Barclays Bank PLC | Canadian Dollar | 2,801,441 | Buy | 05/18/12 | $ | 2,827,000 | $ | 2,834,778 | $ | 7,778 | ||||||||||||||
Barclays Bank PLC | EU Euro | 2,809,763 | Buy | 05/18/12 | 3,690,000 | 3,719,540 | 29,540 | |||||||||||||||||
Barclays Bank PLC | EU Euro | 11,213,119 | Buy | 05/18/12 | 14,742,000 | 14,843,831 | 101,831 | |||||||||||||||||
Barclays Bank PLC | Malaysian Ringgit | 24,058,852 | Buy | 05/18/12 | 7,781,000 | 7,939,387 | 158,387 |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL BOND FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Counterparty | Currency | Contract Amount | Buy/Sell | Settlement Date | In Exchange For | Fair Value | Unrealized Appreciation (Depreciation) | |||||||||||||||
Barclays Bank PLC | Norwegian Krone | 16,731,390 | Buy | 07/13/12 | 2,908,000 | 2,914,935 | 6,935 | |||||||||||||||
Barclays Bank PLC | Swedish Krona | 20,183,759 | Buy | 07/13/12 | 2,973,342 | 2,994,034 | 20,692 | |||||||||||||||
Barclays Bank PLC | Danish Krone | 6,953,272 | Buy | 07/13/12 | 1,218,973 | 1,237,922 | 18,949 | |||||||||||||||
Barclays Bank PLC | Mexican Peso | 58,681,377 | Buy | 05/18/12 | 4,538,000 | 4,496,674 | (41,326 | ) | ||||||||||||||
Barclays Bank PLC | Russian Ruble | 413,505,295 | Buy | 05/18/12 | 13,489,000 | 14,030,696 | 541,696 | |||||||||||||||
Barclays Bank PLC | Turkish Lira | 1,958,427 | Buy | 05/18/12 | 1,041,524 | 1,110,353 | 68,829 | |||||||||||||||
Barclays Bank PLC | Argentine Peso | 34,676,775 | Buy | 09/24/12 | 7,339,000 | 7,235,172 | (103,828 | ) | ||||||||||||||
Citigroup, Inc. | Turkish Lira | 30,111,161 | Buy | 05/18/12 | 17,038,090 | 17,071,867 | 33,777 | |||||||||||||||
Citigroup, Inc. | Turkish Lira | 20,541,085 | Buy | 05/18/12 | 11,624,836 | 11,646,003 | 21,167 | |||||||||||||||
Citigroup, Inc. | EU Euro | 2,189,391 | Buy | 05/18/12 | 2,873,000 | 2,898,297 | 25,297 | |||||||||||||||
Citigroup, Inc. | EU Euro | 21,066,728 | Buy | 05/18/12 | 27,640,073 | 27,887,954 | 247,881 | |||||||||||||||
Citigroup, Inc. | EU Euro | 11,123,962 | Buy | 05/18/12 | 14,542,000 | 14,725,806 | 183,806 | |||||||||||||||
Citigroup, Inc. | Canadian Dollar | 26,250 | Buy | 05/18/12 | 26,409 | 26,563 | 154 | |||||||||||||||
Citigroup, Inc. | EU Euro | 8,169,270 | Buy | 05/18/12 | 10,722,967 | 10,814,409 | 91,442 | |||||||||||||||
Citigroup, Inc. | Colombian Peso | 15,311,806,319 | Buy | 05/18/12 | 8,573,240 | 8,665,472 | 92,232 | |||||||||||||||
Citigroup, Inc. | Colombian Peso | 17,400,643,526 | Buy | 05/18/12 | 9,770,154 | 9,847,616 | 77,462 | |||||||||||||||
Citigroup, Inc. | Hungarian Forint | 4,111,479,005 | Buy | 07/13/12 | 18,086,244 | 18,774,555 | 688,311 | |||||||||||||||
Citigroup, Inc. | Turkish Lira | 12,055,453 | Buy | 05/18/12 | 6,744,000 | 6,834,977 | 90,977 | |||||||||||||||
Citigroup, Inc. | South African Rand | 4,547,162 | Buy | 05/18/12 | 580,699 | 583,330 | 2,631 | |||||||||||||||
Citigroup, Inc. | British Pound | 14,174,403 | Buy | 07/13/12 | 22,430,596 | 22,993,175 | 562,579 | |||||||||||||||
Citigroup, Inc. | Norwegian Krone | 49,178,820 | Buy | 07/13/12 | 8,443,200 | 8,567,911 | 124,711 | |||||||||||||||
Citigroup, Inc. | Mexican Peso | 49,859,061 | Buy | 05/18/12 | 3,849,592 | 3,820,633 | (28,959 | ) | ||||||||||||||
Citigroup, Inc. | Canadian Dollar | 6,822,373 | Buy | 05/18/12 | 6,816,000 | 6,903,560 | 87,560 | |||||||||||||||
Citigroup, Inc. | Mexican Peso | 86,983,735 | Buy | 05/18/12 | 6,555,863 | 6,665,446 | 109,583 | |||||||||||||||
Citigroup, Inc. | EU Euro | 3,793,714 | Buy | 05/18/12 | 4,941,392 | 5,022,086 | 80,694 | |||||||||||||||
Citigroup, Inc. | Canadian Dollar | 29,852,707 | Buy | 05/18/12 | 29,354,617 | 30,207,955 | 853,338 | |||||||||||||||
Citigroup, Inc. | EU Euro | 28,989,945 | Buy | 05/18/12 | 37,455,182 | 38,376,640 | 921,458 | |||||||||||||||
Citigroup, Inc. | Polish Zloty | 434,996 | Buy | 05/18/12 | 128,641 | 137,672 | 9,031 | |||||||||||||||
Credit Suisse First Boston | EU Euro | 11,009,750 | Buy | 05/18/12 | 14,631,000 | 14,574,613 | (56,387 | ) | ||||||||||||||
Credit Suisse First Boston | EU Euro | 1,097,580 | Buy | 05/18/12 | 1,462,609 | 1,452,967 | (9,642 | ) | ||||||||||||||
Credit Suisse First Boston | Japanese Yen | 151,340,018 | Buy | 05/18/12 | 1,811,000 | 1,895,852 | 84,852 | |||||||||||||||
Credit Suisse First Boston | Japanese Yen | 567,740,828 | Buy | 05/18/12 | 7,042,000 | 7,112,148 | 70,148 | |||||||||||||||
Credit Suisse First Boston | Norwegian Krone | 14,341,750 | Buy | 07/13/12 | 2,488,000 | 2,498,613 | 10,613 | |||||||||||||||
Credit Suisse First Boston | Singapore Dollar | 12,661,302 | Buy | 07/13/12 | 10,120,953 | 10,233,467 | 112,514 | |||||||||||||||
Credit Suisse First Boston | Mexican Peso | 167,136,468 | Buy | 05/18/12 | 12,841,489 | 12,807,441 | (34,048 | ) | ||||||||||||||
Credit Suisse First Boston | Mexican Peso | 54,684,581 | Buy | 05/18/12 | 4,088,017 | 4,190,406 | 102,389 | |||||||||||||||
Deutsche Bank AG | Turkish Lira | 12,449,662 | Buy | 05/18/12 | 7,006,000 | 7,058,478 | 52,478 | |||||||||||||||
Deutsche Bank AG | Japanese Yen | 246,005,878 | Buy | 05/18/12 | 3,020,000 | 3,081,741 | 61,741 | |||||||||||||||
Deutsche Bank AG | EU Euro | 4,255,180 | Buy | 05/18/12 | 5,591,000 | 5,632,971 | 41,971 | |||||||||||||||
Deutsche Bank AG | Turkish Lira | 20,823,673 | Buy | 05/18/12 | 11,561,000 | 11,806,220 | 245,220 | |||||||||||||||
Deutsche Bank AG | Mexican Peso | 141,836,026 | Buy | 05/18/12 | 10,686,539 | 10,868,702 | 182,163 | |||||||||||||||
Deutsche Bank AG | Japanese Yen | 202,778,688 | Buy | 05/18/12 | 2,512,000 | 2,540,230 | 28,230 | |||||||||||||||
Deutsche Bank AG | Canadian Dollar | 5,033,115 | Buy | 05/18/12 | 5,064,000 | 5,093,009 | 29,009 | |||||||||||||||
Deutsche Bank AG | Mexican Peso | 74,970,752 | Buy | 05/18/12 | 5,889,436 | 5,744,907 | (144,529 | ) | ||||||||||||||
Deutsche Bank AG | Russian Ruble | 243,655,825 | Buy | 05/18/12 | 8,197,000 | 8,267,514 | 70,514 | |||||||||||||||
Deutsche Bank AG | Colombian Peso | 9,325,696,000 | Buy | 05/18/12 | 5,248,000 | 5,277,728 | 29,728 | |||||||||||||||
Deutsche Bank AG | Japanese Yen | 570,458,129 | Buy | 05/18/12 | 7,055,000 | 7,146,188 | 91,188 | |||||||||||||||
Deutsche Bank AG | Japanese Yen | 569,908,544 | Buy | 05/18/12 | 7,055,000 | 7,139,303 | 84,303 | |||||||||||||||
Deutsche Bank AG | Swiss Franc | 1,761,679 | Buy | 07/13/12 | 1,943,000 | 1,942,789 | (211 | ) | ||||||||||||||
Deutsche Bank AG | Norwegian Krone | 50,096,706 | Buy | 07/13/12 | 8,724,000 | 8,727,825 | 3,825 | |||||||||||||||
Deutsche Bank AG | Swedish Krona | 11,429,124 | Buy | 07/13/12 | 1,703,000 | 1,695,383 | (7,617 | ) | ||||||||||||||
Deutsche Bank AG | Swiss Franc | 1,562,166 | Buy | 07/13/12 | 1,707,000 | 1,722,765 | 15,765 | |||||||||||||||
Deutsche Bank AG | EU Euro | 5,187,621 | Buy | 05/18/12 | 6,923,000 | 6,867,329 | (55,671 | ) | ||||||||||||||
Deutsche Bank AG | British Pound | 1,859,903 | Buy | 07/13/12 | 2,983,000 | 3,017,064 | 34,064 | |||||||||||||||
Deutsche Bank AG | Mexican Peso | 149,955,408 | Buy | 05/18/12 | 11,591,563 | 11,490,880 | (100,683 | ) | ||||||||||||||
Deutsche Bank AG | Swiss Franc | 1,551,377 | Buy | 07/13/12 | 1,697,000 | 1,710,866 | 13,866 | |||||||||||||||
Deutsche Bank AG | South African Rand | 196,099,900 | Buy | 05/18/12 | 25,020,721 | 25,156,561 | 135,840 | |||||||||||||||
Deutsche Bank AG | Brazilian Real | 18,998,569 | Buy | 07/13/12 | 10,111,000 | 9,825,754 | (285,246 | ) | ||||||||||||||
Deutsche Bank AG | EU Euro | 1,406,496 | Buy | 05/18/12 | 1,866,000 | 1,861,908 | (4,092 | ) | ||||||||||||||
Deutsche Bank AG | Japanese Yen | 218,310,596 | Buy | 05/18/12 | 2,740,000 | 2,734,799 | (5,201 | ) | ||||||||||||||
Deutsche Bank AG | Canadian Dollar | 13,699,628 | Buy | 05/18/12 | 13,694,000 | 13,862,654 | 168,654 | |||||||||||||||
Deutsche Bank AG | Polish Zloty | 47,795,615 | Buy | 05/18/12 | 14,990,000 | 15,126,863 | 136,863 |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL BOND FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Counterparty | Currency | Contract Amount | Buy/Sell | Settlement Date | In Exchange For | Fair Value | Unrealized Appreciation (Depreciation) | ||||||||||||||||
Deutsche Bank AG | EU Euro | 14,120,741 | Buy | 05/18/12 | 18,728,000 | 18,692,916 | (35,084 | ) | |||||||||||||||
Deutsche Bank AG | EU Euro | 7,630,813 | Buy | 05/18/12 | 10,033,000 | 10,101,604 | 68,604 | ||||||||||||||||
Deutsche Bank AG | Canadian Dollar | 2,953,525 | Buy | 05/18/12 | 2,948,000 | 2,988,672 | 40,672 | ||||||||||||||||
Deutsche Bank AG | Canadian Dollar | 13,382,933 | Buy | 05/18/12 | 13,304,000 | 13,542,190 | 238,190 | ||||||||||||||||
Deutsche Bank AG | Polish Zloty | 36,374,400 | Buy | 05/18/12 | 11,156,015 | 11,512,155 | 356,140 | ||||||||||||||||
Deutsche Bank AG | EU Euro | 5,059,901 | Buy | 05/18/12 | 6,593,000 | 6,698,253 | 105,253 | ||||||||||||||||
Deutsche Bank AG | Mexican Peso | 79,114,137 | Buy | 05/18/12 | 6,003,000 | 6,062,409 | 59,409 | ||||||||||||||||
Deutsche Bank AG | Japanese Yen | 7,515,815,670 | Buy | 05/18/12 | 97,493,409 | 94,151,397 | (3,342,012 | ) | |||||||||||||||
Deutsche Bank AG | Malaysian Ringgit | 40,257,467 | Buy | 05/18/12 | 12,911,311 | 13,284,908 | 373,597 | ||||||||||||||||
Deutsche Bank AG | Malaysian Ringgit | 22,009,735 | Buy | 05/18/12 | 6,985,000 | 7,263,182 | 278,182 | ||||||||||||||||
HSBC | EU Euro | 8,230,322 | Buy | 05/18/12 | 10,900,000 | 10,895,230 | (4,770 | ) | |||||||||||||||
HSBC | Chilean Peso | 8,978,793,418 | Buy | 07/13/12 | 18,418,000 | 18,343,819 | (74,181 | ) | |||||||||||||||
HSBC | Indian Rupee | 781,445,953 | Buy | 07/13/12 | 14,867,552 | 14,591,777 | (275,775 | ) | |||||||||||||||
HSBC | Russian Ruble | 323,225,420 | Buy | 05/18/12 | 10,142,792 | 10,967,399 | 824,607 | ||||||||||||||||
HSBC | South African Rand | 93,610,325 | Buy | 05/18/12 | 11,457,532 | 12,008,746 | 551,214 | ||||||||||||||||
HSBC | Chinese Yuan | 69,676,320 | Buy | 08/24/12 | 11,087,893 | 11,015,325 | (72,568 | ) | |||||||||||||||
JPMorgan Chase & Co. | Canadian Dollar | 2,931,470 | Buy | 05/18/12 | 2,979,000 | 2,966,355 | (12,645 | ) | |||||||||||||||
JPMorgan Chase & Co. | EU Euro | 11,093,652 | Buy | 05/18/12 | 14,565,000 | 14,685,682 | 120,682 | ||||||||||||||||
JPMorgan Chase & Co. | South African Rand | 71,337,098 | Buy | 05/18/12 | 9,089,000 | 9,151,438 | 62,438 | ||||||||||||||||
JPMorgan Chase & Co. | EU Euro | 11,205,006 | Buy | 05/18/12 | 14,673,000 | 14,833,091 | 160,091 | ||||||||||||||||
JPMorgan Chase & Co. | EU Euro | 11,254,078 | Buy | 05/18/12 | 14,708,000 | 14,898,053 | 190,053 | ||||||||||||||||
JPMorgan Chase & Co. | EU Euro | 11,218,290 | Buy | 05/18/12 | 14,742,000 | 14,850,677 | 108,677 | ||||||||||||||||
JPMorgan Chase & Co. | Japanese Yen | 271,347,132 | Buy | 05/18/12 | 3,288,000 | 3,399,193 | 111,193 | ||||||||||||||||
JPMorgan Chase & Co. | EU Euro | 10,948,202 | Buy | 05/18/12 | 14,555,000 | 14,493,137 | (61,863 | ) | |||||||||||||||
JPMorgan Chase & Co. | EU Euro | 10,923,168 | Buy | 05/18/12 | 14,568,000 | 14,459,997 | (108,003 | ) | |||||||||||||||
JPMorgan Chase & Co. | EU Euro | 5,763,107 | Buy | 05/18/12 | 7,509,000 | 7,629,152 | 120,152 | ||||||||||||||||
JPMorgan Chase & Co. | Swiss Franc | 7,025,249 | Buy | 07/13/12 | 7,761,000 | 7,747,480 | (13,520 | ) | |||||||||||||||
JPMorgan Chase & Co. | EU Euro | 3,925,640 | Buy | 05/18/12 | 5,229,000 | 5,196,729 | (32,271 | ) | |||||||||||||||
JPMorgan Chase & Co. | Swiss Franc | 1,555,433 | Buy | 07/13/12 | 1,709,000 | 1,715,339 | 6,339 | ||||||||||||||||
JPMorgan Chase & Co. | Japanese Yen | 448,197,876 | Buy | 05/18/12 | 5,580,000 | 5,614,621 | 34,621 | ||||||||||||||||
JPMorgan Chase & Co. | Mexican Peso | 100,335,083 | Buy | 05/18/12 | 7,716,000 | 7,688,541 | (27,459 | ) | |||||||||||||||
Morgan Stanley | Canadian Dollar | 3,092,250 | Buy | 05/18/12 | 3,116,000 | 3,129,048 | 13,048 | ||||||||||||||||
Morgan Stanley | Czech Koruna | 252,859,710 | Buy | 05/18/12 | 13,694,000 | 13,417,701 | (276,299 | ) | |||||||||||||||
Morgan Stanley | British Pound | 1,806,071 | Buy | 07/13/12 | 2,912,000 | 2,929,739 | 17,739 | ||||||||||||||||
Morgan Stanley | Canadian Dollar | 6,805,771 | Buy | 05/18/12 | 6,813,000 | 6,886,760 | 73,760 | ||||||||||||||||
Morgan Stanley | Chilean Peso | 500,149,900 | Buy | 07/13/12 | 1,017,289 | 1,021,815 | 4,526 | ||||||||||||||||
Morgan Stanley | Canadian Dollar | 6,822,714 | Buy | 05/18/12 | 6,816,000 | 6,903,904 | 87,904 | ||||||||||||||||
Morgan Stanley | Peruvian Nuevo Sol | 141,428 | Buy | 05/18/12 | 52,419 | 53,557 | 1,138 | ||||||||||||||||
Morgan Stanley | Israeli New Shekel | 21,506,009 | Buy | 05/18/12 | 5,671,513 | 5,706,922 | 35,409 | ||||||||||||||||
UBS Warburg LLC | EU Euro | 11,203,466 | Buy | 05/18/12 | 14,673,000 | 14,831,052 | 158,052 | ||||||||||||||||
UBS Warburg LLC | Norwegian Krone | 17,646,543 | Buy | 07/13/12 | 3,074,000 | 3,074,372 | 372 | ||||||||||||||||
UBS Warburg LLC | Norwegian Krone | 20,465,359 | Buy | 07/13/12 | 3,561,000 | 3,565,465 | 4,465 | ||||||||||||||||
UBS Warburg LLC | Australian Dollar | 14,139,165 | Buy | 07/13/12 | 14,581,000 | 14,618,358 | 37,358 | ||||||||||||||||
UBS Warburg LLC | Swedish Krona | 23,458,561 | Buy | 07/13/12 | 3,459,000 | 3,479,815 | 20,815 | ||||||||||||||||
UBS Warburg LLC | Japanese Yen | 25,466,175 | Buy | 05/18/12 | 333,000 | 319,017 | (13,983 | ) | |||||||||||||||
$ | 6,101,493 | ||||||||||||||||||||||
Barclays Bank PLC | South African Rand | 71,835,876 | Sell | 05/18/12 | $ | 8,915,737 | $ | 9,215,423 | $ | (299,686 | ) | ||||||||||||
Barclays Bank PLC | EU Euro | 2,044,864 | Sell | 05/18/12 | 2,701,000 | 2,706,974 | (5,974 | ) | |||||||||||||||
Barclays Bank PLC | Russian Ruble | 199,702,960 | Sell | 05/18/12 | 6,788,000 | 6,776,144 | 11,856 | ||||||||||||||||
Barclays Bank PLC | British Pound | 1,926,133 | Sell | 07/13/12 | 3,108,000 | 3,124,499 | (16,499 | ) | |||||||||||||||
Barclays Bank PLC | Chilean Peso | 8,496,163,500 | Sell | 07/13/12 | 17,138,000 | 17,357,798 | (219,798 | ) | |||||||||||||||
Barclays Bank PLC | British Pound | 1,878,395 | Sell | 07/13/12 | 3,026,000 | 3,047,060 | (21,060 | ) | |||||||||||||||
Barclays Bank PLC | British Pound | 1,708,073 | Sell | 07/13/12 | 2,737,000 | 2,770,770 | (33,770 | ) | |||||||||||||||
Barclays Bank PLC | Australian Dollar | 1,739,561 | Sell | 07/13/12 | 1,785,000 | 1,798,517 | (13,517 | ) |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL BOND FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Counterparty | Currency | Contract Amount | Buy/Sell | Settlement Date | In Exchange For | Fair Value | Unrealized Appreciation (Depreciation) | |||||||||||||||
Barclays Bank PLC | Malaysian Ringgit | 41,794,386 | Sell | 05/18/12 | 13,764,000 | 13,792,089 | (28,089 | ) | ||||||||||||||
Barclays Bank PLC | Japanese Yen | 117,162,677 | Sell | 05/18/12 | 1,515,000 | 1,467,709 | 47,291 | |||||||||||||||
Barclays Bank PLC | Japanese Yen | 103,639,114 | Sell | 05/18/12 | 1,331,000 | 1,298,298 | 32,702 | |||||||||||||||
Barclays Bank PLC | Czech Koruna | 189,525,569 | Sell | 05/18/12 | 9,612,253 | 10,056,949 | (444,696 | ) | ||||||||||||||
Citigroup, Inc. | Mexican Peso | 26,546 | Sell | 05/18/12 | 2,014 | 2,034 | (20 | ) | ||||||||||||||
Citigroup, Inc. | Swiss Franc | 910,312 | Sell | 07/13/12 | 987,850 | 1,003,896 | (16,046 | ) | ||||||||||||||
Citigroup, Inc. | Hungarian Forint | 3,112,251,601 | Sell | 07/13/12 | 13,422,491 | 14,211,708 | (789,217 | ) | ||||||||||||||
Citigroup, Inc. | EU Euro | 8,271,139 | Sell | 05/18/12 | 10,992,385 | 10,949,263 | 43,122 | |||||||||||||||
Citigroup, Inc. | EU Euro | 5,690,931 | Sell | 05/18/12 | 7,562,707 | 7,533,606 | 29,101 | |||||||||||||||
Citigroup, Inc. | Mexican Peso | 241,181,873 | Sell | 05/18/12 | 18,860,598 | 18,481,440 | 379,158 | |||||||||||||||
Citigroup, Inc. | Mexican Peso | 74,057,998 | Sell | 05/18/12 | 5,787,347 | 5,674,964 | 112,383 | |||||||||||||||
Citigroup, Inc. | Mexican Peso | 19,831,647 | Sell | 05/18/12 | 1,495,000 | 1,519,672 | (24,672 | ) | ||||||||||||||
Credit Suisse First Boston | Japanese Yen | 589,725,837 | Sell | 05/18/12 | 7,293,000 | 7,387,556 | (94,556 | ) | ||||||||||||||
Credit Suisse First Boston | Canadian Dollar | 2,937,201 | Sell | 05/18/12 | 2,968,000 | 2,972,154 | (4,154 | ) | ||||||||||||||
Credit Suisse First Boston | Canadian Dollar | 5,042,062 | Sell | 05/18/12 | 5,083,000 | 5,102,062 | (19,062 | ) | ||||||||||||||
Credit Suisse First Boston | EU Euro | 11,000,495 | Sell | 05/18/12 | 14,631,000 | 14,562,362 | 68,638 | |||||||||||||||
Credit Suisse First Boston | Japanese Yen | 549,451,333 | Sell | 05/18/12 | 6,730,000 | 6,883,033 | (153,033 | ) | ||||||||||||||
Credit Suisse First Boston | EU Euro | 5,376,930 | Sell | 05/18/12 | 7,055,000 | 7,117,934 | (62,934 | ) | ||||||||||||||
Credit Suisse First Boston | Swedish Krona | 12,773,983 | Sell | 07/13/12 | 1,895,000 | 1,894,877 | 123 | |||||||||||||||
Credit Suisse First Boston | Japanese Yen | 180,512,795 | Sell | 05/18/12 | 2,226,000 | 2,261,302 | (35,302 | ) | ||||||||||||||
Credit Suisse First Boston | Swedish Krona | 21,430,525 | Sell | 07/13/12 | 3,183,000 | 3,178,978 | 4,022 | |||||||||||||||
Credit Suisse First Boston | Swedish Krona | 11,716,246 | Sell | 07/13/12 | 1,731,000 | 1,737,974 | (6,974 | ) | ||||||||||||||
Credit Suisse First Boston | Norwegian Krone | 29,184,436 | Sell | 07/13/12 | 5,083,000 | 5,084,499 | (1,499 | ) | ||||||||||||||
Credit Suisse First Boston | Norwegian Krone | 15,757,402 | Sell | 07/13/12 | 2,729,000 | 2,745,247 | (16,247 | ) | ||||||||||||||
Credit Suisse First Boston | Swedish Krona | 11,702,739 | Sell | 07/13/12 | 1,730,000 | 1,735,970 | (5,970 | ) | ||||||||||||||
Credit Suisse First Boston | Swiss Franc | 3,113,965 | Sell | 07/13/12 | 3,408,000 | 3,434,096 | (26,096 | ) | ||||||||||||||
Credit Suisse First Boston | Japanese Yen | 241,065,390 | Sell | 05/18/12 | 3,165,000 | 3,019,851 | 145,149 | |||||||||||||||
Deutsche Bank AG | EU Euro | 4,541,309 | Sell | 05/18/12 | 5,995,000 | 6,011,746 | (16,746 | ) | ||||||||||||||
Deutsche Bank AG | Turkish Lira | 26,434,200 | Sell | 05/18/12 | 14,754,966 | 14,987,172 | (232,206 | ) | ||||||||||||||
Deutsche Bank AG | Canadian Dollar | 3,028,294 | Sell | 05/18/12 | 3,038,000 | 3,064,330 | (26,330 | ) | ||||||||||||||
Deutsche Bank AG | Japanese Yen | 245,389,184 | Sell | 05/18/12 | 3,021,000 | 3,074,016 | (53,016 | ) | ||||||||||||||
Deutsche Bank AG | EU Euro | 754,932 | Sell | 05/18/12 | 996,000 | 999,373 | (3,373 | ) | ||||||||||||||
Deutsche Bank AG | Japanese Yen | 252,235,163 | Sell | 05/18/12 | 3,121,000 | 3,159,776 | (38,776 | ) | ||||||||||||||
Deutsche Bank AG | Russian Ruble | 217,552,500 | Sell | 05/18/12 | 7,325,000 | 7,381,799 | (56,799 | ) | ||||||||||||||
Deutsche Bank AG | EU Euro | 10,922,202 | Sell | 05/18/12 | 14,568,000 | 14,458,717 | 109,283 | |||||||||||||||
Deutsche Bank AG | EU Euro | 10,904,069 | Sell | 05/18/12 | 14,568,000 | 14,434,714 | 133,286 | |||||||||||||||
Deutsche Bank AG | Japanese Yen | 606,995,134 | Sell | 05/18/12 | 7,254,000 | 7,603,891 | (349,891 | ) | ||||||||||||||
Deutsche Bank AG | EU Euro | 5,262,442 | Sell | 05/18/12 | 6,998,000 | 6,966,375 | 31,625 | |||||||||||||||
Deutsche Bank AG | Swiss Franc | 1,573,691 | Sell | 07/13/12 | 1,730,000 | 1,735,474 | (5,474 | ) | ||||||||||||||
Deutsche Bank AG | Australian Dollar | 2,246,310 | Sell | 07/13/12 | 2,293,000 | 2,322,441 | (29,441 | ) | ||||||||||||||
Deutsche Bank AG | EU Euro | 5,143,040 | Sell | 05/18/12 | 6,923,000 | 6,808,313 | 114,687 | |||||||||||||||
Deutsche Bank AG | Australian Dollar | 2,595,025 | Sell | 07/13/12 | 2,654,000 | 2,682,974 | (28,974 | ) | ||||||||||||||
Deutsche Bank AG | Swedish Krona | 11,618,993 | Sell | 07/13/12 | 1,719,000 | 1,723,547 | (4,547 | ) | ||||||||||||||
Deutsche Bank AG | Australian Dollar | 2,093,570 | Sell | 07/13/12 | 2,150,000 | 2,164,523 | (14,523 | ) | ||||||||||||||
Deutsche Bank AG | Norwegian Krone | 16,876,971 | Sell | 07/13/12 | 2,924,000 | 2,940,298 | (16,298 | ) | ||||||||||||||
Deutsche Bank AG | New Zealand Dollar | 19,849,753 | Sell | 07/13/12 | 16,221,000 | 16,151,272 | 69,728 | |||||||||||||||
Deutsche Bank AG | South Korean Won | 13,188,909,180 | Sell | 07/13/12 | 11,530,783 | 11,611,516 | (80,733 | ) | ||||||||||||||
Deutsche Bank AG | South African Rand | 34,692,354 | Sell | 05/18/12 | 4,445,000 | 4,450,488 | (5,488 | ) | ||||||||||||||
Deutsche Bank AG | Mexican Peso | 83,248,980 | Sell | 05/18/12 | 6,476,000 | 6,379,256 | 96,744 | |||||||||||||||
Deutsche Bank AG | EU Euro | 182,402 | Sell | 05/18/12 | 239,765 | 241,462 | (1,697 | ) | ||||||||||||||
Deutsche Bank AG | EU Euro | 10,335,375 | Sell | 05/18/12 | 13,633,000 | 13,681,881 | (48,881 | ) | ||||||||||||||
Deutsche Bank AG | Canadian Dollar | 13,439,135 | Sell | 05/18/12 | 13,459,000 | 13,599,061 | (140,061 | ) | ||||||||||||||
Deutsche Bank AG | EU Euro | 7,668,555 | Sell | 05/18/12 | 10,033,000 | 10,151,567 | (118,567 | ) | ||||||||||||||
Deutsche Bank AG | Mexican Peso | 41,315,020 | Sell | 05/18/12 | 3,154,276 | 3,165,914 | (11,638 | ) | ||||||||||||||
Deutsche Bank AG | Colombian Peso | 29,881,540,000 | Sell | 05/18/12 | 16,360,000 | 16,910,979 | (550,979 | ) |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL BOND FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Counterparty | Currency | Contract Amount | Buy/Sell | Settlement Date | In Exchange For | Fair Value | Unrealized Appreciation (Depreciation) | ||||||||||||||||
Deutsche Bank AG | Japanese Yen | 392,171,551 | Sell | 05/18/12 | 5,148,000 | 4,912,773 | 235,227 | ||||||||||||||||
Deutsche Bank AG | Israeli New Shekel | 15,711,168 | Sell | 05/18/12 | 4,128,000 | 4,169,180 | (41,180 | ) | |||||||||||||||
Deutsche Bank AG | Mexican Peso | 194,299,380 | Sell | 05/18/12 | 14,598,000 | 14,888,898 | (290,898 | ) | |||||||||||||||
Deutsche Bank AG | South African Rand | 109,749,110 | Sell | 05/18/12 | 13,566,021 | 14,079,101 | (513,080 | ) | |||||||||||||||
Deutsche Bank AG | Mexican Peso | 30,723,404 | Sell | 05/18/12 | 2,308,000 | 2,354,293 | (46,293 | ) | |||||||||||||||
Deutsche Bank AG | Colombian Peso | 13,615,037,164 | Sell | 05/18/12 | 7,407,529 | 7,705,213 | (297,684 | ) | |||||||||||||||
Deutsche Bank AG | Taiwan New Dollar | 310,515,064 | Sell | 05/18/12 | 10,347,053 | 10,631,856 | (284,803 | ) | |||||||||||||||
Deutsche Bank AG | South African Rand | 83,727,846 | Sell | 05/18/12 | 10,034,016 | 10,740,978 | (706,962 | ) | |||||||||||||||
HSBC | South African Rand | 72,633,978 | Sell | 05/18/12 | 9,153,967 | 9,317,808 | (163,841 | ) | |||||||||||||||
HSBC | Russian Ruble | 200,368,000 | Sell | 05/18/12 | 6,760,282 | 6,798,710 | (38,428 | ) | |||||||||||||||
HSBC | Brazilian Real | 40,936,239 | Sell | 07/13/12 | 21,955,671 | 21,171,564 | 784,107 | ||||||||||||||||
HSBC | Polish Zloty | 43,669,488 | Sell | 05/18/12 | 13,472,000 | 13,820,983 | (348,983 | ) | |||||||||||||||
HSBC | Peruvian Nuevo Sol | 141,428 | Sell | 05/18/12 | 52,197 | 53,557 | (1,360 | ) | |||||||||||||||
JPMorgan Chase & Co. | EU Euro | 10,992,583 | Sell | 05/18/12 | 14,573,967 | 14,551,888 | 22,079 | ||||||||||||||||
JPMorgan Chase & Co. | EU Euro | 5,077,310 | Sell | 05/18/12 | 6,731,000 | 6,721,300 | 9,700 | ||||||||||||||||
JPMorgan Chase & Co. | Japanese Yen | 252,440,440 | Sell | 05/18/12 | 3,100,000 | 3,162,347 | (62,347 | ) | |||||||||||||||
JPMorgan Chase & Co. | EU Euro | 11,086,390 | Sell | 05/18/12 | 14,565,000 | 14,676,068 | (111,068 | ) | |||||||||||||||
JPMorgan Chase & Co. | Turkish Lira | 23,544,734 | Sell | 05/18/12 | 13,075,475 | 13,348,956 | (273,481 | ) | |||||||||||||||
JPMorgan Chase & Co. | EU Euro | 11,073,772 | Sell | 05/18/12 | 14,542,000 | 14,659,365 | (117,365 | ) | |||||||||||||||
JPMorgan Chase & Co. | EU Euro | 11,170,951 | Sell | 05/18/12 | 14,673,000 | 14,788,010 | (115,010 | ) | |||||||||||||||
JPMorgan Chase & Co. | EU Euro | 11,247,529 | Sell | 05/18/12 | 14,708,000 | 14,889,383 | (181,383 | ) | |||||||||||||||
JPMorgan Chase & Co. | Canadian Dollar | 3,782,103 | Sell | 05/18/12 | 3,766,000 | 3,827,111 | (61,111 | ) | |||||||||||||||
JPMorgan Chase & Co. | EU Euro | 11,230,708 | Sell | 05/18/12 | 14,742,000 | 14,867,115 | (125,115 | ) | |||||||||||||||
JPMorgan Chase & Co. | EU Euro | 10,953,344 | Sell | 05/18/12 | 14,555,000 | 14,499,942 | 55,058 | ||||||||||||||||
JPMorgan Chase & Co. | Japanese Yen | 412,646,952 | Sell | 05/18/12 | 4,957,000 | 5,169,271 | (212,271 | ) | |||||||||||||||
JPMorgan Chase & Co. | Canadian Dollar | 822,797 | Sell | 05/18/12 | 829,000 | 832,589 | (3,589 | ) | |||||||||||||||
JPMorgan Chase & Co. | Australian Dollar | 2,092,899 | Sell | 07/13/12 | 2,146,000 | 2,163,830 | (17,830 | ) | |||||||||||||||
JPMorgan Chase & Co. | New Zealand Dollar | 5,987,356 | Sell | 07/13/12 | 4,869,840 | 4,871,769 | (1,929 | ) | |||||||||||||||
JPMorgan Chase & Co. | Australian Dollar | 15,521,409 | Sell | 07/13/12 | 15,907,317 | 16,047,447 | (140,130 | ) | |||||||||||||||
Morgan Stanley | EU Euro | 11,193,244 | Sell | 05/18/12 | 14,673,000 | 14,817,521 | (144,521 | ) | |||||||||||||||
Morgan Stanley | Canadian Dollar | 7,558,245 | Sell | 05/18/12 | 7,584,000 | 7,648,188 | (64,188 | ) | |||||||||||||||
Morgan Stanley | Canadian Dollar | 5,899,729 | Sell | 05/18/12 | 5,943,000 | 5,969,936 | (26,936 | ) | |||||||||||||||
Morgan Stanley | Canadian Dollar | 7,271,377 | Sell | 05/18/12 | 7,266,000 | 7,357,907 | (91,907 | ) | |||||||||||||||
Morgan Stanley | Canadian Dollar | 14,025,655 | Sell | 05/18/12 | 13,981,000 | 14,192,561 | (211,561 | ) | |||||||||||||||
Morgan Stanley | South Korean Won | 4,096,287,800 | Sell | 07/13/12 | 3,586,000 | 3,606,372 | (20,372 | ) | |||||||||||||||
Morgan Stanley | Canadian Dollar | 13,731,220 | Sell | 05/18/12 | 13,694,000 | 13,894,622 | (200,622 | ) | |||||||||||||||
Morgan Stanley | Mexican Peso | 106,369,776 | Sell | 05/18/12 | 8,292,000 | 8,150,972 | 141,028 | ||||||||||||||||
Morgan Stanley | Taiwan New Dollar | 354,440,900 | Sell | 05/18/12 | 11,924,000 | 12,135,852 | (211,852 | ) | |||||||||||||||
UBS Warburg LLC | EU Euro | 11,240,710 | Sell | 05/18/12 | 14,742,000 | 14,880,356 | (138,356 | ) | |||||||||||||||
UBS Warburg LLC | EU Euro | 2,304,678 | Sell | 05/18/12 | 3,021,000 | 3,050,913 | (29,913 | ) | |||||||||||||||
UBS Warburg LLC | Swedish Krona | 19,360,893 | Sell | 07/13/12 | 2,872,000 | 2,871,972 | 28 | ||||||||||||||||
UBS Warburg LLC | Swiss Franc | 1,566,897 | Sell | 07/13/12 | 1,725,000 | 1,727,982 | (2,982 | ) | |||||||||||||||
UBS Warburg LLC | Norwegian Krone | 46,415,635 | Sell | 07/13/12 | 8,058,000 | 8,086,510 | (28,510 | ) | |||||||||||||||
$ | (6,825,045 | ) |
ING Global Bond Fund Open Futures Contracts on April 30, 2012: | ||||||||||||||||
Contract Description | Number of Contracts | Expiration Date | Notional Value | Unrealized Appreciation/ (Depreciation) | ||||||||||||
Long Contracts | ||||||||||||||||
30-year German Government Bond | 144 | 06/07/12 | $ | 24,588,992 | $ | 525,464 | ||||||||||
90-Day Eurodollar | 148 | 03/17/14 | 36,742,850 | 139,842 | ||||||||||||
90-Day Eurodollar | 148 | 03/14/16 | 36,313,650 | 240,794 | ||||||||||||
Australia 3-Year Bond | 3 | 06/15/12 | 339,391 | 593 |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL BOND FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Contract Description | Number of Contracts | Expiration Date | Notional Value | Unrealized Appreciation/ (Depreciation) | ||||||||||||
Canada 10-Year Bond | 53 | 06/20/12 | 7,084,729 | 36,294 | ||||||||||||
Euro-Bobl 5-Year | 2 | 06/07/12 | 331,718 | 3,527 | ||||||||||||
Euro-Bund | 14 | 06/07/12 | 2,614,645 | 73,217 | ||||||||||||
Long Gilt | 149 | 06/27/12 | 27,955,938 | 287,258 | ||||||||||||
Short Gilt | 66 | 06/27/12 | 11,181,376 | (9,625 | ) | |||||||||||
U.S. Treasury 10-Year Note | 66 | 06/20/12 | 8,730,563 | 59,523 | ||||||||||||
U.S. Treasury Ultra Long Bond | 62 | 06/20/12 | 9,784,375 | 66,079 | ||||||||||||
$ | 165,668,227 | $ | 1,422,966 | |||||||||||||
Short Contracts | ||||||||||||||||
90-Day Eurodollar | (296 | ) | 03/16/15 | (73,108,300 | ) | (415,416 | ) | |||||||||
Australia 10-Year Bond | (43 | ) | 06/15/12 | (5,368,380 | ) | (95,303 | ) | |||||||||
Euro-Schatz | (287 | ) | 06/07/12 | (42,017,049 | ) | (101,729 | ) | |||||||||
Medium Gilt | (55 | ) | 06/27/12 | (10,036,353 | ) | 13,213 | ||||||||||
U.S. Treasury 2-Year Note | (11 | ) | 06/29/12 | (2,426,016 | ) | (543 | ) | |||||||||
U.S. Treasury 5-Year Note | (190 | ) | 06/29/12 | (23,521,407 | ) | (297,148 | ) | |||||||||
U.S. Treasury Long Bond | (257 | ) | 06/20/12 | (36,718,875 | ) | (319,674 | ) | |||||||||
$ | (193,196,380 | ) | $ | (1,216,600 | ) |
ING Global Bond Fund Over-the-Counter Credit Default Swap Agreements Outstanding on April 30, 2012: | ||||||||||||||||||||||||||||||
Credit Default Swaps on Credit Indices - Buy Protection(1) | ||||||||||||||||||||||||||||||
Counterparty | Reference Entity/Obligation | Buy/Sell Protection | (Pay)/
Receive Fixed Rate (%) | Termination Date | Notional Amount(2) | Fair Value(3) | Upfront
Payments Paid/ (Received) | Unrealized Appreciation/ (Depreciation) | ||||||||||||||||||||||
Deutsche Bank AG | CDX.EM.17 | Buy | (5.000 | ) | 06/20/17 | USD 28,540,000 | $ | (3,309,717 | ) | $ | (3,146,982 | ) | $ | (162,735 | ) | |||||||||||||||
$ | (3,309,717 | ) | $ | (3,146,982 | ) | $ | (162,735 | ) | ||||||||||||||||||||||
Credit Default Swaps on Corporate and Sovereign Issues - Buy Protection(1) | ||||||||||||||||||||||||||||||
Counterparty | Reference Entity/Obligation | Buy/Sell Protection | (Pay)/ Receive Fixed Rate (%) | Termination Date | Notional Amount(2) | Fair Value(3) | Upfront Payments Paid/ (Received) | Unrealized Appreciation/ (Depreciation) | ||||||||||||||||||||||
Citigroup, Inc. | Republic of Turkey | Buy | (1.000 | ) | 03/20/17 | USD 1,666,873 | 96,962 | 97,989 | (1,027 | ) | ||||||||||||||||||||
Deutsche Bank AG | United Mexican States | Buy | (1.000 | ) | 03/20/17 | USD 13,722,342 | 83,562 | 222,404 | (138,842 | ) | ||||||||||||||||||||
180,524 | 320,393 | $ | (139,869 | ) |
Credit Default Swaps on Corporate and Sovereign Issues - Sell Protection(4) | |||||||||||||||||||||||||||||||||
Counterparty | Reference Entity/Obligation | Buy/Sell Protection | (Pay)/ Receive Fixed Rate (%) | Termination Date | Implied Credit Spread at 04/30/12 (%)(5) | Notional Amount(2) | Fair Value(3) | Upfront Payments Paid/ (Received) | Unrealized Appreciation/ (Depreciation) | ||||||||||||||||||||||||
Morgan Stanley | Federal Republic of Germany | Sell | 0.250 | 06/20/17 | 0.863 | USD 33,200,000 | $ | (1,013,514 | ) | $ | (866,281 | ) | $ | (147,233 | ) | ||||||||||||||||||
Deutsche Bank AG | Federative Republic of Brazil | Sell | 1.000 | 03/20/17 | 1.198 | USD 13,722,342 | (127,835 | ) | (234,954 | ) | 107,119 | ||||||||||||||||||||||
Morgan Stanley | Ireland | Sell | 1.000 | 03/20/17 | 5.719 | USD 8,233,000 | (1,498,977 | ) | (1,446,506 | ) | (52,471 | ) | |||||||||||||||||||||
Citigroup, Inc. | Romania | Sell | 1.000 | 03/20/17 | 3.384 | USD 1,666,873 | (175,245 | ) | (159,840 | ) | (15,405 | ) | |||||||||||||||||||||
(2,815,571 | ) | (2,707,581 | ) | $ | (107,990 | ) |
(1) | If a Portfolio is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, a Portfolio will either 1.) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation, other deliverable obligations or underlying securities comprising the referenced index or 2.) receive a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
(2) | The maximum amount of future payments (undiscounted) that a Portfolio as seller of protection could be required to make or receive as a buyer of credit protection under a credit default swap agreement would be an amount equal to the notional amount of the agreement. |
(3) | The fair values for credit default swap agreements serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. Increasing fair values, in absolute terms, when compared to the notional amount of the agreement, represent a deterioration of the referenced obligation’s credit soundness and a greater likelihood or risk of default or other credit event occurring. |
(4) | If the Portfolio is a seller of protection, and a credit event occurs, as defined under the terms of that particular swap agreement, the Portfolio will generally either 1.) Pay to the buyer an amount equal to the notional amount of the swap and take delivery of the referenced obligation, other deliverable obligations, or underlying securities comprising a referenced index or 2.) Pay a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising a referenced index. |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL BOND FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
(5) | Implied credit spreads, represented in absolute terms, utilized in determining the fair value of credit default swap agreements on corporate issues or sovereign issues are disclosed in each Portfolio’s Portfolio of Investment and serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. For credit default swaps on asset-backed securities or credit indices, the quoted market prices and resulting market values serve as the indicator of the current status of the payment/performance risk. Wider credit spreads and increasing fair values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the referenced entity’s credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
ING Global Bond Fund Over-the-Counter Interest Rate Swap Agreements Outstanding on April 30, 2012: | ||||||||||||||||||
Termination Date |
Notional Amount | Fair Value | Upfront Payments Paid/ (Received) |
Unrealized Appreciation/ (Depreciation) | ||||||||||||||
Receive a floating rate based on the Brazil Cetip Interbank Deposit Rate Annualized and pay a fixed rate equal to 10.360% Counterparty: Bank of America |
01/02/17 | BRL 84,000,000 | $ | (642,104 | ) | $ | — | $ | (642,104 | ) | ||||||||
Receive a floating rate based on the Brazil Cetip Interbank Deposit Rate Annualized and pay a fixed rate equal to 10.365% Counterparty: Deutsche Bank AG |
01/02/17 | BRL 47,000,000 | (362,619 | ) | — | (362,619 | ) | |||||||||||
Receive a floating rate based on the Brazil Cetip Interbank Deposit Rate Annualized and pay a fixed rate equal to 10.360% Counterparty: Morgan Stanley |
01/02/17 | BRL 48,000,000 | (366,916 | ) | — | (366,916 | ) | |||||||||||
Receive a fixed rate equal to 2.538% and pay a floating rate based on the 3-month CAD-BA-CDOR Counterparty: Citigroup, Inc. |
04/24/22 | CAD 39,788,000 | (59,115 | ) | — | (59,115 | ) | |||||||||||
Receive a fixed rate equal to 4.750% and pay a floating rate based on the 6-month CLP-CHIBNOM Counterparty: Bank of America |
02/01/17 | CLP 7,250,000,000 | (470,904 | ) | — | (470,904 | ) | |||||||||||
Receive a fixed rate equal to 4.790% and pay a floating rate based on the 6-month CLP-CHIBNOM Counterparty: Bank of America |
02/02/17 | CLP 7,250,000,000 | (444,549 | ) | — | (444,549 | ) | |||||||||||
Receive a fixed rate equal to 4.830% and pay a floating rate based on the 6-month CLP-CHIBNOM Counterparty: Bank of America |
02/03/17 | CLP 7,250,000,000 | (418,189 | ) | — | (418,189 | ) | |||||||||||
Receive a floating rate based on the 6-month CZK-PRIBOR-PRBO and pay a fixed rate equal to 1.850% Counterparty: Bank of America |
03/23/17 | CZK 265,000,000 | (46,836 | ) | — | (46,836 | ) | |||||||||||
Receive a floating rate based on 6-month CZK-PRIBOR-PRBO and pay a fixed rate equal to 1.755% Counterparty: Deutsche Bank AG |
12/12/16 | CZK 288,000,000 | (1,141 | ) | — | (1,141 | ) | |||||||||||
Receive a floating rate based on 3-month ILS-TELBOR01-Reuters and pay a fixed rate equal to 2.66% Counterparty: Deutsche Bank AG |
02/13/14 | ILS 126,000,000 | 142,315 | — | 142,315 | |||||||||||||
Receive a fixed rate equal to 4.350% and pay a floating rate based on the 3-month ILS-TELBOR01-Reuters Counterparty: Deutsche Bank AG |
02/13/22 | ILS 29,500,000 | (339,524 | ) | — | (339,524 | ) | |||||||||||
Receive a fixed rate equal to 7.530% and pay a floating rate based on the INR-MIBOR-OIS-COMPOUND Counterparty: Credit Suisse First Boston |
02/24/17 | INR 800,000,000 | (126,157 | ) | — | (126,157 | ) | |||||||||||
Receive a floating rate based on the 3-month KRW-CD-KSDA-Bloomberg and pay a fixed rate equal to 3.665% Counterparty: Bank of America |
04/05/17 | KRW 17,000,000,000 | (117,706 | ) | — | (117,706 | ) | |||||||||||
Receive a floating rate based on the 3-month KRW-CD-KSDA-Bloomberg and pay a fixed rate equal to 3.660% Counterparty: Credit Suisse First Boston |
03/26/17 | KRW 17,000,000,000 | (114,371 | ) | — | (114,371 | ) | |||||||||||
Receive a fixed rate equal to 4.860% and pay a floating rate based on the 28-day MXN-TIIE-BANXICO Counterparty: Bank of America |
04/30/14 | MXN 465,000,000 | (8,680 | ) | — | (8,680 | ) | |||||||||||
Receive a floating rate based on the 28-day MXN-TIIE-BANXICO and pay a fixed rate equal to 5.680% Counterparty: Bank of America |
03/27/17 | MXN 219,000,000 | (145,209 | ) | — | (145,209 | ) |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL BOND FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Termination Date |
Notional Amount | Fair Value | Upfront Payments Paid/ (Received) | Unrealized Appreciation/ (Depreciation) | ||||||||||
Receive a floating rate based on the 28-day MXN-TIIE-BANXICO and pay a fixed rate equal to 6.520% Counterparty: Citigroup, Inc. |
03/30/22 | MXN 111,000,000 | (73,576 | ) | — | (73,576 | ) | |||||||
Receive a fixed rate equal to 4.660% and pay a floating rate based on the 28-day MXN-TIIE-BANXICO Counterparty: Credit Suisse First Boston |
04/22/14 | MXN 230,000,000 | (70,856 | ) | — | (70,856 | ) | |||||||
Receive a fixed rate equal to 4.900% and pay a floating rate based on the 28-day MXN-TIIE-BANXICO Counterparty: Credit Suisse First Boston |
04/30/14 | MXN 465,000,000 | 19,194 | — | 19,194 | |||||||||
Receive a floating rate based on the 28-day MXN-TIIE-BANXICO and pay a fixed rate equal to 5.380% Counterparty: Credit Suisse First Boston |
04/18/17 | MXN 200,000,000 | 88,173 | — | 88,173 | |||||||||
Receive a fixed rate equal to 6.370% and pay a floating rate based on the 28-day MXN-TIIE-BANXICO Counterparty: Credit Suisse First Boston |
04/12/22 | MXN 57,000,000 | (17,158 | ) | — | (17,158 | ) | |||||||
Receive a fixed rate equal to 4.830% and pay a floating rate based on the 28-day MXN-TIIE-BANXICO Counterparty: Deutsche Bank AG |
08/09/13 | MXN 165,116,773 | 9,004 | — | 9,004 | |||||||||
Receive a fixed rate equal to 4.830% and pay a floating rate based on the 28-day MXN-TIIE-BANXICO Counterparty: Deutsche Bank AG |
04/28/14 | MXN 450,000,000 | (27,019 | ) | — | (27,019 | ) | |||||||
Receive a floating rate based on the 28-day MXN-TIIE-BANXICO and pay a fixed rate equal to 5.580% Counterparty: Deutsche Bank AG |
08/05/16 | MXN 144,477,176 | (102,516 | ) | — | (102,516 | ) | |||||||
Receive a fixed rate equal to 6.480% and pay a floating rate based on the 28-day MXN-TIIE-BANXICO Counterparty: Deutsche Bank AG |
07/30/21 | MXN 41,279,193 | 37,754 | — | 37,754 | |||||||||
Receive a floating rate based on the 28-day MXN-TIIE-BANXICO and pay a fixed rate equal to 6.520% Counterparty: Deutsche Bank AG |
03/30/22 | MXN 112,000,000 | (74,239 | ) | — | (74,239 | ) | |||||||
Receive a fixed rate equal to 4.660% and pay a floating rate based on the 28-day MXN-TIIE-BANXICO Counterparty: Morgan Stanley |
04/22/14 | MXN 230,000,000 | (70,856 | ) | — | (70,856 | ) | |||||||
Receive a floating rate based on the 28-day MXN-TIIE-BANXICO and pay a fixed rate equal to 5.370% Counterparty: Morgan Stanley |
04/18/17 | MXN 195,000,000 | 92,851 | — | 92,851 | |||||||||
Receive a floating rate based on the 28-day MXN-TIIE-BANXICO and pay a fixed rate equal to 6.650% Counterparty: Morgan Stanley |
03/28/22 | MXN 110,000,000 | (163,853 | ) | — | (163,853 | ) | |||||||
Receive a fixed rate equal to 6.350% and pay a floating rate based on the 28-day MXN-TIIE-BANXICO Counterparty: Morgan Stanley |
04/12/22 | MXN 57,000,000 | (24,300 | ) | — | (24,300 | ) | |||||||
Receive a fixed rate equal to 4.830% and pay a floating rate based on the 6-month PLN-WIBOR-WIBO Counterparty: Bank of America |
01/16/14 | PLN 121,000,000 | (96,718 | ) | — | (96,718 | ) | |||||||
Receive a fixed rate equal to 4.850% and pay a floating rate based on the 6-month PLN-WIBOR-WIBO Counterparty: Bank of America |
01/30/14 | PLN 115,000,000 | (76,995 | ) | — | (76,995 | ) | |||||||
Receive a floating rate based on 6-month PLZ-WIBOR-WIBO and pay a fixed rate equal to 5.095% Counterparty: Bank of America |
12/01/16 | PLN 48,500,000 | (105,703 | ) | — | (105,703 | ) | |||||||
Receive a floating rate based on the 6-month PLN-WIBOR-WIBO and pay a fixed rate equal to 4.860% Counterparty: Bank of America |
01/16/17 | PLN 52,000,000 | 46,939 | — | 46,939 | |||||||||
Receive a fixed rate equal to 2.190% and pay a floating rate based on the 3-month SEK-STIBOR-SIDE Counterparty: Credit Suisse First Boston |
04/23/17 | SEK 261,600,000 | (9,218 | ) | — | (9,218 | ) | |||||||
Receive a floating rate based on the 3-month USD-LIBOR-BBA and pay a fixed rate equal to 3.478% Counterparty: Citigroup, Inc. |
05/11/20 | USD 10,271,000 | (1,363,602 | ) | — | (1,363,602 | ) | |||||||
Receive a floating rate based on the 3-month USD-LIBOR-BBA and pay a fixed rate equal to 3.444% Counterparty: Credit Suisse First Boston |
12/24/20 | USD 45,000,000 | (5,886,160 | ) | — | (5,886,160 | ) | |||||||
Receive a floating rate based on the 3-month USD-LIBOR-BBA and pay a fixed rate equal to 2.083% Counterparty: Deutsche Bank AG |
04/26/22 | USD 39,788,000 | (211,540 | ) | — | (211,540 | ) | |||||||
Receive a fixed rate equal to 2.788% and pay a floating rate based on the 3-month USD-LIBOR-BBA Counterparty: Morgan Stanley |
03/16/20 | USD 73,700,000 | 1,444,011 | — | 1,444,011 |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL BOND FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Termination Date |
Notional Amount | Fair Value | Upfront Payments Paid/ (Received) | Unrealized Appreciation/ (Depreciation) | ||||||||||
Receive a floating rate based on the 3-month USD-LIBOR-BBA and pay a fixed rate equal to 3.453% Counterparty: Morgan Stanley |
03/16/45 | USD 29,000,000 | (1,759,400 | ) | — | (1,759,400 | ) | |||||||
Receive a fixed rate equal to 7.550% and pay a floating rate based on the 3-month ZAR-JIBAR-SAFEX Counterparty: Deutsche Bank AG |
04/24/22 | ZAR 79,500,000 | 7,500 | — | 7,500 | |||||||||
Receive a fixed rate equal to 6.820% and pay a floating rate based on the 3-month ZAR-JIBAR-SAFEX Counterparty: Morgan Stanley |
11/16/16 | ZAR 127,000,000 | 88,003 | — | 88,003 | |||||||||
Receive a fixed rate equal to 6.670% and pay a floating rate based on the 3-month ZAR-JIBAR-SAFEX Counterparty: Morgan Stanley |
01/30/17 | ZAR 122,000,000 | (40,571 | ) | — | (40,571 | ) | |||||||
Receive a fixed rate equal to 6.680% and pay a floating rate based on the 3-month ZAR-JIBAR-SAFEX Counterparty: Morgan Stanley |
02/06/17 | ZAR 119,000,000 | (37,127 | ) | — | (37,127 | ) | |||||||
Receive a fixed rate equal to 6.690% and pay a floating rate based on the 3-month ZAR-JIBAR-SAFEX Counterparty: UBS Warburg LLC |
02/06/17 | ZAR 126,000,000 | (32,5098 | ) | — | (32,598 | ) | |||||||
$ | (11,932,281 | ) | $ | — | $ | (11,932,281 | ) |
ING Global Bond Fund Written Swaptions Open on April 30, 2012: | ||||||||||||||||||||||||||||||||
Written Swaptions on CDS Indices | ||||||||||||||||||||||||||||||||
Description | Counterparty | Floating Rate Index/Underlying Reference Entity |
Pay/ Receive Floating |
Strike Price | Expiration Date | Notional Amount | Premiums Received | Fair Value | ||||||||||||||||||||||||
Put OTC Swaption | Morgan Stanley | CDX.NA.HY.18 | Pay | 89.000% | 06/20/17 | USD 27,975,000 | $ | 475,580 | $ | (335,805 | ) | |||||||||||||||||||||
$ | 475,580 | $ | (335,805 | ) |
ING Global Bond Fund Written OTC Options on April 30, 2012: | ||||||||||||||||||||||||||
# of Contracts | Counterparty | Description | Exercise Price | Expiration Date | Premiums Received | Fair Value | ||||||||||||||||||||
Options On Currencies | ||||||||||||||||||||||||||
14,500,000 | Deutsche Bank AG | JPY Put vs. USD Call Currency Option | 1.990 | USD | 06/21/12 | $ | 147,755 | $ | (124,107 | ) | ||||||||||||||||
36,400,000 | Barclays Bank PLC | USD Put vs. EUR Call Currency Option | 1.340 | USD | 05/25/12 | 155,064 | (129,372 | ) | ||||||||||||||||||
16,000,000 | Deutsche Bank AG | USD Put vs. JPY Call Currency Option | 75.000 | USD | 07/03/12 | 322,400 | (15,914 | ) | ||||||||||||||||||
Total Written OTC Options | $ | 625,219 | $ | (269,393 | ) |
ING Global Bond Fund Written Swaptions Open on April 30, 2012: | ||||||||||||||||||||||||||||||||
Written Interest Rate Swaptions | ||||||||||||||||||||||||||||||||
Description | Counterparty | Floating Rate Index/Underlying Reference Entity |
Pay/ Receive Floating |
Exercise Rate | Expiration Date | Notional Amount | Premiums Received | Fair Value | ||||||||||||||||||||||||
Put OTC Swaption | Citigroup, Inc. | 3-month USD-LIBOR-BBA | Pay | 2.648% | 07/09/12 | USD 79,600,000 | $ | 398,000 | $ | (128,200 | ) | |||||||||||||||||||||
Total Written Swaptions | $ | 398,000 | $ | (128,200 | ) |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL EQUITY DIVIDEND FUND |
AS OF APRIL 30, 2012 (UNAUDITED) |
Shares | Value | Percentage of Net Assets | ||||
COMMON STOCK: 96.6% | ||||||
Australia: 3.0% | ||||||
99,981 | Amcor Ltd. | 780,342 | 1.0 | |||
104,642 | Insurance Australia Group | 383,827 | 0.5 | |||
59,628 | Westfield Group | 570,124 | 0.7 | |||
25,964 | Westpac Banking Corp. | 611,873 | 0.8 | |||
2,346,166 | 3.0 | |||||
Brazil: 0.5% | ||||||
16,513 | Petroleo Brasileiro SA ADR | 365,928 | 0.5 | |||
Canada: 4.4% | ||||||
10,400 | Canadian Imperial Bank of Commerce | 784,645 | 1.0 | |||
990 | Fairfax Financial Holdings Ltd. | 405,872 | 0.5 | |||
38,058 | Shaw Communications, Inc. - Class B | 784,391 | 1.0 | |||
19,400 | Thomson Reuters Corp. | 579,732 | 0.8 | |||
18,119 | TransCanada Corp. | 797,137 | 1.1 | |||
3,351,777 | 4.4 | |||||
France: 7.6% | ||||||
17,314 | Accor S.A. | 598,728 | 0.8 | |||
16,077 | Alstom | 574,987 | 0.7 | |||
15,544 | BNP Paribas | 627,345 | 0.8 | |||
17,677 | Capgemini S.A. | 690,592 | 0.9 | |||
18,615 | Cie de Saint-Gobain | 781,558 | 1.0 | |||
45,771 | Gaz de France | 1,053,841 | 1.4 | |||
10,343 | Sanofi-Aventis | 790,015 | 1.0 | |||
16,161 | Vinci S.A. | 749,553 | 1.0 | |||
5,866,619 | 7.6 | |||||
Germany: 5.8% | ||||||
20,271 | L | Aixtron AG | 370,374 | 0.5 | ||
17,401 | Bayer AG | 1,226,139 | 1.6 | |||
5,968 | DaimlerChrysler AG | 330,218 | 0.4 | |||
40,008 | Deutsche Post AG | 747,105 | 1.0 | |||
65,674 | Deutsche Telekom AG | 740,455 | 0.9 | |||
15,932 | Metro AG | 514,363 | 0.7 | |||
3,893 | Muenchener Rueckversicherungs AG | 565,458 | 0.7 | |||
4,494,112 | 5.8 | |||||
Hong Kong: 1.0% | ||||||
13,414 | China Mobile Ltd. ADR | 742,331 | 1.0 | |||
Israel: 0.8% | ||||||
55,401 | Israel Chemicals Ltd. | 633,722 | 0.8 | |||
Italy: 0.5% | ||||||
242,906 | Intesa Sanpaolo S.p.A. | 368,209 | 0.5 | |||
Japan: 9.1% | ||||||
19,400 | Astellas Pharma, Inc. | 786,778 | 1.0 | |||
12,000 | Canon, Inc. | 543,934 | 0.7 | |||
49,800 | Itochu Corp. | 563,448 | 0.8 | |||
62,300 | JX Holdings, Inc. | 351,428 | 0.5 | |||
41,100 | Kuraray Co., Ltd. | 586,555 | 0.8 | |||
114,400 | Mitsubishi UFJ Financial Group, Inc. | 549,293 | 0.7 | |||
49,600 | Mitsui & Co., Ltd. | 774,534 | 1.0 | |||
235 | NTT DoCoMo, Inc. | 401,263 | 0.5 | |||
11,400 | Secom Co., Ltd. | 539,411 | 0.7 | |||
18,600 | Seven & I Holdings Co., Ltd. | 563,025 | 0.7 | |||
22,400 | Sumitomo Mitsui Financial Group, Inc. | 716,773 | 0.9 | |||
14,400 | Toyota Motor Corp. | 590,080 | 0.8 | |||
6,966,522 | 9.1 | |||||
Luxembourg: 0.9% | ||||||
38,947 | ArcelorMittal | 676,584 | 0.9 | |||
Netherlands: 2.6% | ||||||
8,380 | Fugro NV | 612,604 | 0.8 | |||
32,744 | Royal Dutch Shell PLC | 1,167,839 | 1.5 | |||
50,404 | TNT NV | 219,333 | 0.3 | |||
1,999,776 | 2.6 | |||||
Portugal: 0.4% | ||||||
120,668 | Energias de Portugal S.A. | 345,074 | 0.4 | |||
Singapore: 2.1% | ||||||
313,000 | Singapore Telecommunications Ltd. | 787,342 | 1.0 | |||
53,000 | United Overseas Bank Ltd. | 822,316 | 1.1 | |||
1,609,658 | 2.1 | |||||
South Korea: 0.5% | ||||||
11,910 | Woongjin Coway Co., Ltd. | 380,570 | 0.5 | |||
Sweden: 1.5% | ||||||
119,320 | @ | Telefonaktiebolaget LM Ericsson | 1,182,875 | 1.5 | ||
Switzerland: 4.1% | ||||||
20,704 | @ | Credit Suisse Group | 495,217 | 0.6 | ||
20,168 | Novartis AG | 1,113,601 | 1.5 | |||
4,235 | Roche Holding AG - Genusschein | 773,991 | 1.0 | |||
3,266 | @ | Zurich Financial Services AG | 800,180 | 1.0 | ||
3,182,989 | 4.1 | |||||
Taiwan: 1.1% | ||||||
52,349 | Taiwan Semiconductor Manufacturing Co., Ltd. ADR | 815,597 | 1.1 | |||
United Kingdom: 12.1% | ||||||
112,739 | Barclays PLC | 399,136 | 0.5 | |||
19,447 | BHP Billiton PLC | 626,036 | 0.8 | |||
108,413 | BP PLC | 783,188 | 1.0 | |||
168,178 | BT Group PLC | 575,245 | 0.7 | |||
43,805 | Capita Group PLC | 471,782 | 0.6 | |||
15,100 | Ensco International PLC ADR | 825,215 | 1.1 | |||
87,620 | HSBC Holdings PLC | 790,962 | 1.0 | |||
19,338 | Imperial Tobacco Group PLC | 773,337 | 1.0 | |||
37,242 | Land Securities Group PLC | 439,803 | 0.6 | |||
66,776 | Prudential PLC | 818,402 | 1.1 |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL EQUITY DIVIDEND FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Shares | Value | Percentage of Net Assets | ||||
13,056 | Reckitt Benckiser PLC | 760,035 | 1.0 | |||
91,063 | Reed Elsevier PLC | 753,553 | 1.0 | |||
34,228 | Scottish & Southern Energy PLC | 733,966 | 0.9 | |||
112,764 | Tesco PLC | 581,037 | 0.8 | |||
9,331,697 | 12.1 | |||||
United States: 38.6% | ||||||
12,278 | Abbott Laboratories | 761,973 | 1.0 | |||
15,500 | Analog Devices, Inc. | 604,190 | 0.8 | |||
77,600 | Arch Coal, Inc. | 757,376 | 1.0 | |||
16,473 | Arthur J. Gallagher & Co. | 618,726 | 0.8 | |||
25,498 | AT&T, Inc. | 839,139 | 1.1 | |||
23,100 | Bristol-Myers Squibb Co. | 770,847 | 1.0 | |||
24,746 | Carnival Corp. | 803,998 | 1.0 | |||
20,400 | CenturyTel, Inc. | 786,624 | 1.0 | |||
11,400 | Chevron Corp. | 1,214,784 | 1.6 | |||
21,900 | Dow Chemical Co. | 741,972 | 1.0 | |||
9,300 | Eli Lilly & Co. | 384,927 | 0.5 | |||
4,238 | Everest Re Group Ltd. | 419,986 | 0.5 | |||
14,000 | ExxonMobil Corp. | 1,208,760 | 1.6 | |||
40,400 | First Niagara Financial Group, Inc. | 361,176 | 0.5 | |||
19,927 | Freeport-McMoRan Copper & Gold, Inc. | 763,204 | 1.0 | |||
58,461 | General Electric Co. | 1,144,666 | 1.5 | |||
12,800 | Guess ?, Inc. | 374,784 | 0.5 | |||
9,000 | Harris Corp. | 409,860 | 0.5 | |||
33,800 | Hewlett-Packard Co. | 836,888 | 1.1 | |||
14,200 | Home Depot, Inc. | 735,418 | 0.9 | |||
8,861 | Johnson & Johnson | 576,762 | 0.7 | |||
16,988 | JPMorgan Chase & Co. | 730,144 | 0.9 | |||
21,381 | Kraft Foods, Inc. | 852,460 | 1.1 | |||
35,525 | Microsoft Corp. | 1,137,511 | 1.5 | |||
14,269 | Molson Coors Brewing Co. | 593,305 | 0.8 | |||
5,600 | Norfolk Southern Corp. | 408,408 | 0.5 | |||
15,900 | Northeast Utilities | 584,643 | 0.8 | |||
12,794 | PepsiCo, Inc. | 844,404 | 1.1 | |||
33,547 | Pfizer, Inc. | 769,233 | 1.0 | |||
45,611 | L | Pitney Bowes, Inc. | 781,316 | 1.0 | ||
8,900 | PNC Financial Services Group, Inc. | 590,248 | 0.8 | |||
28,342 | PPL Corp. | 775,154 | 1.0 | |||
5,898 | Procter & Gamble Co. | 375,349 | 0.5 | |||
29,700 | Sealed Air Corp. | 569,646 | 0.7 | |||
12,393 | Spectra Energy Corp. | 380,961 | 0.5 | |||
19,300 | St. Jude Medical, Inc. | 747,296 | 1.0 | |||
35,300 | Staples, Inc. | 543,620 | 0.7 | |||
6,392 | Travelers Cos., Inc. | 411,133 | 0.5 | |||
13,500 | Tyco International Ltd. | 757,755 | 1.0 | |||
28,700 | UGI Corp. | 837,466 | 1.1 | |||
13,800 | United Technologies Corp. | 1,126,632 | 1.5 | |||
22,258 | Wells Fargo & Co. | 744,085 | 1.0 | |||
29,676,829 | 38.6 | |||||
Total Common Stock | ||||||
(Cost $72,375,869) | 74,337,035 | 96.6 | ||||
Principal Amount† |
Value | Percentage of Net Assets | ||||
SHORT-TERM INVESTMENTS: 1.5% | ||||||
Securities Lending Collateralcc(1): 1.5% | ||||||
132,312 | Citigroup, Inc., Repurchase Agreement dated 04/30/12, 0.21%, due 05/01/12 (Repurchase Amount $132,313, collateralized by various U.S. Government Agency Obligations, 3.500%-5.500%, Market Value plus accrued interest $134,958, due 04/15/24-05/01/42) | 132,312 | 0.2 | |||
1,000,000 | Merrill Lynch & Co., Inc., Repurchase Agreement dated 04/30/12, 0.21%, due 05/01/12 (Repurchase Amount $1,000,006, collateralized by various U.S. Government Agency Obligations, 4.000%, Market Value plus accrued interest $1,020,000, due 08/15/41-12/20/41) | 1,000,000 | 1.3 | |||
1,132,312 | 1.5 | |||||
Total Short-Term Investments | ||||||
(Cost $1,132,312) | 1,132,312 | 1.5 | ||||
Total Investments in Securities (Cost $73,508,181) |
$ 75,469,347 | 98.1 | ||||
Assets in Excess of Other Liabilities | 1,481,939 | 1.9 | ||||
Net Assets | $ 76,951,286 | 100.0 | ||||
† | Unless otherwise indicated, principal amount is shown in USD. |
@ | Non-income producing security |
ADR | American Depositary Receipt |
cc | Securities purchased with cash collateral for securities loaned. |
L | Loaned security, a portion or all of the security is on loan at April 30, 2012. |
(1) | Collateral received from brokers for securities lending was invested into these short-term investments. |
Cost for federal income tax purposes is $74,121,686. | ||
Net unrealized appreciation consists of: | ||
Gross Unrealized Appreciation | $5,591,623 | |
Gross Unrealized Depreciation |
(4,243,962) | |
Net Unrealized Appreciation | $1,347,661 | |
Sector Diversification | Percentage of Net Assets | |||
Consumer Discretionary | 8.4 | % | ||
Consumer Staples | 7.7 |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL EQUITY DIVIDEND FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Sector Diversification | Percentage of Net Assets | |||
Energy | 11.2 | |||
Financials | 18.0 | |||
Health Care | 11.3 | |||
Industrials | 12.6 | |||
Information Technology | 8.6 | |||
Materials | 7.0 | |||
Telecommunications | 6.2 | |||
Utilities | 5.6 | |||
Short-Term Investments | 1.5 | |||
Assets in Excess of Other Liabilities | 1.9 | |||
Net Assets | 100.0 | % | ||
Fair Value Measurements^ | ||||||||||||||||
The following is a summary of the fair valuations according to the inputs used as of April 30, 2012 in valuing the assets and liabilities: | ||||||||||||||||
Quoted Prices in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs # (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at 4/30/2012 | |||||||||||||
Asset Table | ||||||||||||||||
Investments, at value | ||||||||||||||||
Common Stock | ||||||||||||||||
Australia | $ | — | $ | 2,346,166 | $ | — | $ | 2,346,166 | ||||||||
Brazil | 365,928 | — | — | 365,928 | ||||||||||||
Canada | 3,351,777 | — | — | 3,351,777 | ||||||||||||
France | — | 5,866,619 | — | 5,866,619 | ||||||||||||
Germany | — | 4,494,112 | — | 4,494,112 | ||||||||||||
Hong Kong | 742,331 | — | — | 742,331 | ||||||||||||
Israel | — | 633,722 | — | 633,722 | ||||||||||||
Italy | — | 368,209 | — | 368,209 | ||||||||||||
Japan | — | 6,966,522 | — | 6,966,522 | ||||||||||||
Luxembourg | — | 676,584 | — | 676,584 | ||||||||||||
Netherlands | — | 1,999,776 | — | 1,999,776 | ||||||||||||
Portugal | — | 345,074 | — | 345,074 | ||||||||||||
Singapore | — | 1,609,658 | — | 1,609,658 | ||||||||||||
South Korea | — | 380,570 | — | 380,570 | ||||||||||||
Sweden | — | 1,182,875 | — | 1,182,875 | ||||||||||||
Switzerland | 495,217 | 2,687,772 | — | 3,182,989 | ||||||||||||
Taiwan | 815,597 | — | — | 815,597 | ||||||||||||
United Kingdom | 825,215 | 8,506,482 | — | 9,331,697 | ||||||||||||
United States | 29,676,829 | — | — | 29,676,829 | ||||||||||||
Total Common Stock | 36,272,894 | 38,064,141 | — | 74,337,035 | ||||||||||||
Short-Term Investments | — | 1,132,312 | — | 1,132,312 | ||||||||||||
Total Investments, at value | $ | 36,272,894 | $ | 39,196,453 | $ | — | $ | 75,469,347 |
^ | See Note 2, "Significant Accounting Policies" in the Notes to Financial Statements for additional information. |
# | The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Fund may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Fund's investments are categorized as Level 2 investments. |
There were no significant transfers between Level 1 and 2 during the period ended April 30, 2012. |
Transfers in or out of Level 3 represent either the beginning value (for transfers in), or the ending value (for transfers out) of any security or derivative instrument where a change in the pricing level occurred from the beginning to the end of the period. Transfers are recognized at the end of the reporting period.
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL NATURAL RESOURCES FUND |
AS OF APRIL 30, 2012 (UNAUDITED) |
Shares | Value | Percentage of Net Assets | ||||
COMMON STOCK: 98.2% | ||||||
Canada: 6.9% | ||||||
26,900 | Centerra Gold, Inc. | 348,283 | 0.3 | |||
41,508 | GoldCorp, Inc. | 1,588,096 | 1.5 | |||
53,300 | @ | Harry Winston Diamond Corp. | 760,773 | 0.7 | ||
138,500 | @ | Lundin Mining Corp. | 672,977 | 0.6 | ||
75,829 | Teck Cominco Ltd. - Class B | 2,830,696 | 2.7 | |||
34,917 | @ | Thompson Creek Metals Co., Inc. | 207,058 | 0.2 | ||
66,189 | Trican Well Services Ltd. | 957,474 | 0.9 | |||
7,365,357 | 6.9 | |||||
France: 1.3% | ||||||
12,202 | Technip S.A. | 1,385,660 | 1.3 | |||
Netherlands: 3.3% | ||||||
49,373 | Royal Dutch Shell PLC - Class A ADR | 3,532,145 | 3.3 | |||
Norway: 2.6% | ||||||
105,200 | Statoil ASA ADR | 2,830,932 | 2.6 | |||
United Kingdom: 5.5% | ||||||
31,800 | Antofagasta PLC | 612,370 | 0.6 | |||
83,301 | BG Group PLC | 1,965,506 | 1.8 | |||
40,965 | Ensco International PLC ADR | 2,238,737 | 2.1 | |||
11,800 | Randgold Resources Ltd. ADR | 1,051,970 | 1.0 | |||
5,868,583 | 5.5 | |||||
United States: 78.6% | ||||||
45,300 | Anadarko Petroleum Corp. | 3,316,413 | 3.1 | |||
117,009 | Arch Coal, Inc. | 1,142,008 | 1.1 | |||
73,000 | @ | Basic Energy Services, Inc. | 1,051,200 | 1.0 | ||
65,500 | @ | Cameron International Corp. | 3,356,875 | 3.1 | ||
72,767 | Chevron Corp. | 7,754,052 | 7.2 | |||
28,080 | Cimarex Energy Co. | 1,940,609 | 1.8 | |||
35,000 | Cliffs Natural Resources, Inc. | 2,179,100 | 2.0 | |||
31,500 | ConocoPhillips | 2,256,345 | 2.1 | |||
38,900 | Devon Energy Corp. | 2,717,165 | 2.5 | |||
17,300 | Domtar Corp. | 1,513,404 | 1.4 | |||
44,700 | @ | Energy XXI Bermuda Ltd. | 1,684,296 | 1.6 | ||
32,200 | EOG Resources, Inc. | 3,535,882 | 3.3 | |||
38,200 | EQT Corp. | 1,903,124 | 1.8 | |||
117,564 | ExxonMobil Corp. | 10,150,476 | 9.4 | |||
15,100 | @ | Forum Energy Technologies, Inc. | 349,112 | 0.3 | ||
114,200 | Freeport-McMoRan Copper & Gold, Inc. | 4,373,860 | 4.1 | |||
59,700 | @ | FX Energy, Inc. | 339,096 | 0.3 | ||
134,128 | Halliburton Co. | 4,589,860 | 4.3 | |||
18,300 | Hess Corp. | 954,162 | 0.9 | |||
106,900 | @ | Key Energy Services, Inc. | 1,353,354 | 1.3 | ||
19,900 | @ | Laredo Petroleum Holdings, Inc. | 525,758 | 0.5 | ||
14,200 | Marathon Oil Corp. | 416,628 | 0.4 | |||
18,700 | Mosaic Co/The | 987,734 | 0.9 | |||
20,300 | Murphy Oil Corp. | 1,115,891 | 1.0 | |||
62,978 | National Oilwell Varco, Inc. | 4,771,213 | 4.4 | |||
41,100 | @ | Newfield Exploration Co. | 1,475,490 | 1.4 | ||
65,100 | Newmont Mining Corp. | 3,102,015 | 2.9 | |||
11,900 | Occidental Petroleum Corp. | 1,085,518 | 1.0 | |||
28,900 | Patterson-UTI Energy, Inc. | 467,313 | 0.4 | |||
44,500 | Range Resources Corp. | 2,966,370 | 2.8 | |||
84,300 | @ | Rowan Cos., Inc. | 2,910,879 | 2.7 | ||
56,260 | Schlumberger Ltd. | 4,171,116 | 3.9 | |||
74,300 | @ | Southwestern Energy Co. | 2,346,394 | 2.2 | ||
37,500 | @ | Unit Corp. | 1,584,375 | 1.5 | ||
84,387,087 | 78.6 | |||||
Total Common Stock | ||||||
(Cost $93,782,189) | 105,369,764 | 98.2 | ||||
SHORT-TERM INVESTMENTS: 1.1% | ||||||
Mutual Funds: 1.1% | ||||||
1,179,000 | BlackRock Liquidity Funds, TempFund, Institutional Class | |||||
(Cost $1,179,000) | 1,179,000 | 1.1 | ||||
Total Short-Term Investments | ||||||
(Cost $1,179,000) | 1,179,000 | 1.1 | ||||
Total Investments in Securities (Cost $94,961,189) |
$ 106,548,764 | 99.3 | ||||
Assets in Excess of Other Liabilities | 773,192 | 0.7 | ||||
Net Assets | $ 107,321,956 | 100.0 | ||||
@ | Non-income producing security |
ADR | American Depositary Receipt |
Cost for federal income tax purposes is $96,838,668. | ||
Net unrealized appreciation consists of: | ||
Gross Unrealized Appreciation | $15,917,411 | |
Gross Unrealized Depreciation |
(6,207,315) | |
Net Unrealized Appreciation | $9,710,096 | |
Sector Diversification | Percentage of Net Assets | |||
Energy | 79.3 | % | ||
Materials | 18.9 | |||
Short-Term Investments | 1.1 | |||
Assets in Excess of Other Liabilities | 0.7 | |||
Net Assets | 100.0 | % | ||
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL NATURAL RESOURCES FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Fair Value Measurements^ | ||||||||||||||||
The following is a summary of the fair valuations according to the inputs used as of April 30, 2012 in valuing the assets and liabilities: | ||||||||||||||||
Quoted Prices in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs # (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at 4/30/2012 | |||||||||||||
Asset Table | ||||||||||||||||
Investments, at value | ||||||||||||||||
Common Stock | ||||||||||||||||
Canada | $ | 7,365,357 | $ | — | $ | — | $ | 7,365,357 | ||||||||
France | — | 1,385,660 | — | 1,385,660 | ||||||||||||
Netherlands | 3,532,145 | — | — | 3,532,145 | ||||||||||||
Norway | 2,830,932 | — | — | 2,830,932 | ||||||||||||
United Kingdom | 2,238,737 | 3,629,846 | — | 5,868,583 | ||||||||||||
United States | 84,387,087 | — | — | 84,387,087 | ||||||||||||
Total Common Stock | 100,354,258 | 5,015,506 | — | 105,369,764 | ||||||||||||
Short-Term Investments | 1,179,000 | — | — | 1,179,000 | ||||||||||||
Total Investments, at value | $ | 101,533,258 | $ | 5,015,506 | $ | — | $ | 106,548,764 |
^ | See Note 2, "Significant Accounting Policies" in the Notes to Financial Statements for additional information. |
# | The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Fund may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Fund's investments are categorized as Level 2 investments. |
There were no significant transfers between Level 1 and 2 during the period ended April 30, 2012. |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL OPPORTUNITIES FUND |
AS OF APRIL 30, 2012 (UNAUDITED) |
Shares | Value | Percentage of Net Assets | ||||
COMMON STOCK: 97.3% | ||||||
Brazil: 1.4% | ||||||
30,885 | Hypermarcas SA | 200,753 | 0.3 | |||
20,480 | MRV Engenharia e Participacoes SA | 119,690 | 0.2 | |||
40,232 | @ | PDG Realty SA Empreendimentos e Participacoes | 94,557 | 0.2 | ||
16,423 | Petroleo Brasileiro SA ADR | 386,597 | 0.7 | |||
801,597 | 1.4 | |||||
Cambodia: 0.3% | ||||||
386,000 | NagaCorp Ltd. | 179,153 | 0.3 | |||
Canada: 1.8% | ||||||
21,500 | Suncor Energy, Inc. | 710,174 | 1.2 | |||
24,600 | Talisman Energy, Inc. | 321,741 | 0.6 | |||
1,031,915 | 1.8 | |||||
China: 7.7% | ||||||
2,400 | @ | Baidu.com ADR | 318,480 | 0.5 | ||
191,000 | Belle International Holdings | 372,686 | 0.7 | |||
493,000 | @ | China Communications Construction Co., Ltd. | 491,226 | 0.9 | ||
383,000 | China Construction Bank | 297,225 | 0.5 | |||
175,000 | China Resources Enterprise | 633,444 | 1.1 | |||
277,000 | China Yurun Food Group Ltd. | 351,772 | 0.6 | |||
137,000 | Golden Eagle Retail Group Ltd. | 357,608 | 0.6 | |||
564,000 | Guangdong Investment Ltd. | 413,827 | 0.7 | |||
30,975 | Hengan International Group Co., Ltd. | 327,302 | 0.6 | |||
440,000 | Industrial and Commercial Bank of China Ltd. | 292,351 | 0.5 | |||
380,000 | L | Lonking Holdings Ltd | 137,218 | 0.3 | ||
47,000 | Ping An Insurance Group Co. of China Ltd. | 390,394 | 0.7 | |||
4,383,533 | 7.7 | |||||
Denmark: 1.0% | ||||||
3,842 | Novo-Nordisk A/S | 566,399 | 1.0 | |||
France: 3.7% | ||||||
20,844 | @ | AXA S.A. | 296,196 | 0.5 | ||
1,500 | Christian Dior S.A. | 226,187 | 0.4 | |||
4,673 | LVMH Moet Hennessy Louis Vuitton S.A. | 775,229 | 1.4 | |||
20,000 | Veolia Environnement | 292,833 | 0.5 | |||
11,538 | Vinci S.A. | 535,136 | 0.9 | |||
2,125,581 | 3.7 | |||||
Germany: 1.8% | ||||||
23,828 | L | Aixtron AG | 435,364 | 0.8 | ||
8,010 | Bayer AG | 564,415 | 1.0 | |||
999,779 | 1.8 | |||||
Hong Kong: 1.6% | ||||||
48,000 | @,X | Chaoda Modern Agriculture Holdings Ltd. | 5,104 | 0.0 | ||
95,000 | @ | Chow Tai Fook Jewellery Group Ltd. | 143,014 | 0.2 | ||
80,000 | @ | Galaxy Entertainment Group Ltd. | 249,395 | 0.4 | ||
1,364,000 | Hengdeli Holdings Ltd. | 543,501 | 1.0 | |||
941,014 | 1.6 | |||||
India: 2.1% | ||||||
14,322 | Axis Bank Ltd. | 299,882 | 0.5 | |||
122,000 | Dabur India Ltd. | 258,553 | 0.5 | |||
135,000 | ITC Ltd. | 628,224 | 1.1 | |||
1,186,659 | 2.1 | |||||
Indonesia: 2.5% | ||||||
92,753 | Astra International Tbk PT | 714,270 | 1.3 | |||
859,828 | Bank Mandiri Persero TBK PT | 689,539 | 1.2 | |||
1,403,809 | 2.5 | |||||
Ireland: 0.9% | ||||||
11,500 | Ingersoll-Rand PLC | 488,980 | 0.9 | |||
Italy: 0.9% | ||||||
43,000 | Fiat Industrial SpA | 488,139 | 0.9 | |||
Japan: 6.0% | ||||||
9,800 | Daikin Industries Ltd. | 258,924 | 0.4 | |||
51,000 | Hitachi Ltd. | 324,831 | 0.6 | |||
13,728 | Honda Motor Co., Ltd. | 494,060 | 0.9 | |||
1,650 | Keyence Corp. | 389,441 | 0.7 | |||
25,319 | Kubota Corp. | 244,408 | 0.4 | |||
23,000 | Mitsubishi Estate Co., Ltd. | 406,602 | 0.7 | |||
25,200 | Mitsui & Co., Ltd. | 393,513 | 0.7 | |||
13,000 | Mitsui Fudosan Co., Ltd. | 238,118 | 0.4 | |||
7,200 | Sumitomo Mitsui Financial Group, Inc. | 230,391 | 0.4 | |||
10,500 | Toyota Motor Corp. | 430,267 | 0.8 | |||
3,410,555 | 6.0 | |||||
Malaysia: 0.5% | ||||||
259,900 | AirAsia BHD | 285,147 | 0.5 | |||
Netherlands: 6.3% | ||||||
30,231 | @ | Aegon NV | 140,622 | 0.2 | ||
19,330 | CSM | 272,855 | 0.5 | |||
52,213 | Koninklijke KPN NV | 468,761 | 0.8 | |||
30,152 | Royal Dutch Shell PLC | 1,075,393 | 1.9 | |||
152,137 | TNT NV | 662,026 | 1.2 | |||
27,332 | Unilever NV | 936,236 | 1.7 | |||
3,555,893 | 6.3 | |||||
Norway: 0.8% | ||||||
24,641 | Telenor ASA | 452,936 | 0.8 | |||
Peru: 0.6% | ||||||
2,669 | @ | Credicorp Ltd. | 349,399 | 0.6 |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL OPPORTUNITIES FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Shares | Value | Percentage of Net Assets | ||||
Poland: 0.5% | ||||||
24,877 | Powszechna Kasa Oszczednosci Bank Polski S.A. | 266,818 | 0.5 | |||
Portugal: 0.8% | ||||||
81,000 | L | Portugal Telecom SGPS S.A. | 435,870 | 0.8 | ||
Russia: 1.5% | ||||||
50,717 | Gazprom OAO ADR | 585,274 | 1.0 | |||
10,614 | @ | X5 Retail Group N.V. GDR | 268,530 | 0.5 | ||
853,804 | 1.5 | |||||
Singapore: 1.1% | ||||||
85,000 | Oversea-Chinese Banking Corp. | 613,827 | 1.1 | |||
South Korea: 1.8% | ||||||
826 | Samsung Electronics Co., Ltd. | 1,010,992 | 1.8 | |||
Sweden: 0.5% | ||||||
27,355 | @ | Telefonaktiebolaget LM Ericsson | 271,183 | 0.5 | ||
Switzerland: 8.3% | ||||||
35,000 | @ | ABB Ltd. | 637,801 | 1.1 | ||
7,500 | Compagnie Financiere Richemont S.A. | 464,240 | 0.8 | |||
17,923 | @ | Credit Suisse Group | 428,698 | 0.8 | ||
21,051 | Nestle S.A. | 1,290,200 | 2.3 | |||
24,965 | Novartis AG | 1,378,474 | 2.4 | |||
731 | Syngenta AG | 256,345 | 0.4 | |||
22,261 | @ | UBS AG - Reg | 278,000 | 0.5 | ||
4,733,758 | 8.3 | |||||
United Kingdom: 9.9% | ||||||
38,677 | BG Group PLC | 912,593 | 1.6 | |||
128,669 | BP PLC | 929,519 | 1.6 | |||
3,391 | British American Tobacco PLC | 173,923 | 0.3 | |||
8,500 | Carnival PLC | 276,095 | 0.5 | |||
22,292 | Eurasian Natural Resources Corp. | 203,208 | 0.4 | |||
123,419 | HSBC Holdings PLC | 1,114,127 | 2.0 | |||
24,701 | Imperial Tobacco Group PLC | 987,806 | 1.7 | |||
7,982 | Rio Tinto PLC | 447,430 | 0.8 | |||
22,976 | Standard Chartered PLC | 561,664 | 1.0 | |||
5,606,365 | 9.9 | |||||
United States: 33.0% | ||||||
6,265 | Abbott Laboratories | 388,806 | 0.7 | |||
5,000 | @ | Acme Packet, Inc. | 140,350 | 0.2 | ||
17,399 | @ | Adobe Systems, Inc. | 583,910 | 1.0 | ||
2,110 | @ | Apple, Inc. | 1,232,746 | 2.2 | ||
2,900 | Ashland, Inc. | 191,023 | 0.3 | |||
3,000 | @ | BioMarin Pharmaceuticals, Inc. | 104,100 | 0.2 | ||
26,646 | Blackstone Group LP | 361,320 | 0.6 | |||
10,007 | @ | Celgene Corp. | 729,711 | 1.3 | ||
12,700 | @ | Ciena Corp. | 188,214 | 0.3 | ||
27,051 | Citigroup, Inc. | 893,765 | 1.6 | |||
3,789 | @ | Citrix Systems, Inc. | 324,376 | 0.6 | ||
13,019 | @ | EMC Corp. | 367,266 | 0.7 | ||
1,300 | @ | F5 Networks, Inc. | 174,109 | 0.3 | ||
10,100 | Freeport-McMoRan Copper & Gold, Inc. | 386,830 | 0.7 | |||
1,618 | @ | Google, Inc. - Class A | 979,262 | 1.7 | ||
17,600 | Halliburton Co. | 602,272 | 1.1 | |||
2,900 | @ | Informatica Corp. | 133,458 | 0.2 | ||
19,460 | @ | Juniper Networks, Inc. | 417,028 | 0.7 | ||
7,089 | Mead Johnson Nutrition Co. | 606,535 | 1.1 | |||
39,157 | Microsoft Corp. | 1,253,807 | 2.2 | |||
4,606 | Monsanto Co. | 350,885 | 0.6 | |||
7,836 | Mosaic Co/The | 413,898 | 0.7 | |||
35,998 | @ | NetApp, Inc. | 1,397,802 | 2.5 | ||
6,300 | @ | Nuance Communications, Inc. | 153,972 | 0.3 | ||
5,638 | Occidental Petroleum Corp. | 514,298 | 0.9 | |||
12,371 | Oracle Corp. | 363,584 | 0.6 | |||
22,037 | @ | Quanta Services, Inc. | 487,459 | 0.9 | ||
3,000 | @ | Red Hat, Inc. | 178,830 | 0.3 | ||
9,500 | @ | Riverbed Technolgoy, Inc. | 187,435 | 0.3 | ||
6,300 | Schlumberger Ltd. | 467,082 | 0.8 | |||
11,866 | @ | Southwestern Energy Co. | 374,728 | 0.7 | ||
31,415 | @ | Symantec Corp. | 518,976 | 0.9 | ||
4,641 | @ | Teradata Corp. | 323,849 | 0.6 | ||
10,785 | Thermo Fisher Scientific, Inc. | 600,185 | 1.1 | |||
6,600 | @,L | Universal Display Corp. | 296,802 | 0.5 | ||
13,200 | @,L | Veeco Instruments, Inc. | 398,508 | 0.7 | ||
35,000 | @ | Weatherford International Ltd. | 499,450 | 0.9 | ||
15,000 | Wells Fargo & Co. | 501,450 | 0.9 | |||
8,225 | Yum! Brands, Inc. | 598,204 | 1.1 | |||
18,686,285 | 33.0 | |||||
Total Common Stock | ||||||
(Cost $48,529,862) | 55,129,390 | 97.3 | ||||
EXCHANGE-TRADED FUNDS: 2.0% | ||||||
13,784 | @ | SPDR S&P Biotech ETF | 1,121,190 | 2.0 | ||
Total Exchange-Traded Funds | ||||||
(Cost $686,236) | 1,121,190 | 2.0 | ||||
Total Long-Term Investments | ||||||
(Cost $49,216,098) | 56,250,580 | 99.3 |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL OPPORTUNITIES FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Principal Amount† |
Value | Percentage of Net Assets | ||||
SHORT-TERM INVESTMENTS: 2.8% | ||||||
Securities Lending Collateralcc(1): 2.8% | ||||||
1,000,000 | Cantor Fitzgerald, Repurchase Agreement dated 04/30/12, 0.22%, due 05/01/12 (Repurchase Amount $1,000,006, collateralized by various U.S. Government and U.S. Government Agency Obligations, 0.000%-7.125%, Market Value plus accrued interest $1,020,000, due 05/01/51-09/01/49) | 1,000,000 | 1.8 | |||
602,110 | Daiwa Capital Markets, Repurchase Agreement dated 04/30/12, 0.24%, due 05/01/12 (Repurchase Amount $602,114, collateralized by various U.S. Government and U.S. Government Agency Obligations, 0.000%-8.875%, Market Value plus accrued interest $614,152, due 05/17/12-08/01/47) | 602,110 | 1.0 | |||
1,602,110 | 2.8 | |||||
Total Short-Term Investments | ||||||
(Cost $1,602,110) | 1,602,110 | 2.8 | ||||
Total Investments in Securities (Cost $50,818,208) |
$ 57,852,690 | 102.1 | ||||
Liabilities in Excess of Other Assets | (1,176,523) | (2.1) | ||||
Net Assets | $ 56,676,167 | 100.0 | ||||
† | Unless otherwise indicated, principal amount is shown in USD. |
@ | Non-income producing security |
ADR | American Depositary Receipt |
GDR | Global Depositary Receipt |
cc | Securities purchased with cash collateral for securities loaned. |
L | Loaned security, a portion or all of the security is on loan at April 30, 2012. |
X | Fair value determined by ING Funds Valuation Committee appointed by the Funds' Board of Directors/Trustees. |
(1) | Collateral received from brokers for securities lending was invested into these short-term investments. |
Cost for federal income tax purposes is $51,258,519. | ||
Net unrealized appreciation consists of: | ||
Gross Unrealized Appreciation | $10,359,788 | |
Gross Unrealized Depreciation |
(3,765,617) | |
Net Unrealized Appreciation | $6,594,171 | |
Sector Diversification | Percentage of Net Assets | |||
Consumer Discretionary | 10.8 | % | ||
Consumer Staples | 12.3 | |||
Energy | 13.0 | |||
Exchange-Traded Funds | 2.0 | |||
Financials | 15.2 | |||
Health Care | 7.7 | |||
Industrials | 9.1 | |||
Information Technology | 21.7 | |||
Materials | 3.9 | |||
Telecommunications | 2.4 | |||
Utilities | 1.2 | |||
Short-Term Investments | 2.8 | |||
Liabilities in Excess of Other Assets | (2.1 | ) | ||
Net Assets | 100.0 | % | ||
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL OPPORTUNITIES FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Fair Value Measurements^ | ||||||||||||||||
The following is a summary of the fair valuations according to the inputs used as of April 30, 2012 in valuing the assets and liabilities: | ||||||||||||||||
Quoted Prices in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs # (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at 4/30/2012 | |||||||||||||
Asset Table | ||||||||||||||||
Investments, at value | ||||||||||||||||
Common Stock | ||||||||||||||||
Brazil | $ | 801,597 | $ | — | $ | — | $ | 801,597 | ||||||||
Cambodia | — | 179,153 | — | 179,153 | ||||||||||||
Canada | 1,031,915 | — | — | 1,031,915 | ||||||||||||
China | 318,480 | 4,065,053 | — | 4,383,533 | ||||||||||||
Denmark | — | 566,399 | — | 566,399 | ||||||||||||
France | — | 2,125,581 | — | 2,125,581 | ||||||||||||
Germany | — | 999,779 | — | 999,779 | ||||||||||||
Hong Kong | 143,014 | 792,896 | 5,104 | 941,014 | ||||||||||||
India | — | 1,186,659 | — | 1,186,659 | ||||||||||||
Indonesia | — | 1,403,809 | — | 1,403,809 | ||||||||||||
Ireland | 488,980 | — | — | 488,980 | ||||||||||||
Italy | — | 488,139 | — | 488,139 | ||||||||||||
Japan | — | 3,410,555 | — | 3,410,555 | ||||||||||||
Malaysia | — | 285,147 | — | 285,147 | ||||||||||||
Netherlands | — | 3,555,893 | — | 3,555,893 | ||||||||||||
Norway | — | 452,936 | — | 452,936 | ||||||||||||
Peru | 349,399 | — | — | 349,399 | ||||||||||||
Poland | — | 266,818 | — | 266,818 | ||||||||||||
Portugal | — | 435,870 | — | 435,870 | ||||||||||||
Russia | 585,274 | 268,530 | — | 853,804 | ||||||||||||
Singapore | — | 613,827 | — | 613,827 | ||||||||||||
South Korea | — | 1,010,992 | — | 1,010,992 | ||||||||||||
Sweden | — | 271,183 | — | 271,183 | ||||||||||||
Switzerland | 1,066,499 | 3,667,259 | — | 4,733,758 | ||||||||||||
United Kingdom | — | 5,606,365 | — | 5,606,365 | ||||||||||||
United States | 18,686,285 | — | — | 18,686,285 | ||||||||||||
Total Common Stock | 23,471,443 | 31,652,843 | 5,104 | 55,129,390 | ||||||||||||
Exchange-Traded Funds | 1,121,190 | — | — | 1,121,190 | ||||||||||||
Short-Term Investments | — | 1,602,110 | — | 1,602,110 | ||||||||||||
Total Investments, at value | $ | 24,592,633 | $ | 33,254,953 | $ | 5,104 | $ | 57,852,690 | ||||||||
^ | See Note 2, "Significant Accounting Policies" in the Notes to Financial Statements for additional information. |
# | The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Fund may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Fund's investments are categorized as Level 2 investments. |
There were no significant transfers between Level 1 and 2 during the period ended April 30, 2012. | |
Transfers in or out of Level 3 represent either the beginning value (for transfers in), or the ending value (for transfers out) of any security or derivative instrument where a change in the pricing level occurred from the beginning to the end of the period. Transfers are recognized at the end of the reporting period. |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL OPPORTUNITIES FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
The following is a reconciliation of the fair valuations using significant observable inputs (Level 3) for the Fund’s assets and liabilities during the period ended April 30, 2012:
Asset Table | Beginning Balance on 10/31/2011 | Purchases | Sales | Accrued Discounts/ (Premiums) | Total Realized Gain (Loss) | Total Unrealized Appreciation (Depreciation) | Transfers into Level 3 | Transfers Out of Level 3 | Ending Balance on 4/30/2012 | |||||||||||||||||||||||||||
Investments, at value | ||||||||||||||||||||||||||||||||||||
Common Stock | $ | 5,097 | $ | — | $ | — | $ | — | $ | — | $ | 7 | $ | — | $ | — | $ | 5,104 | ||||||||||||||||||
Total Investments, at value | $ | 5,097 | $ | — | $ | — | $ | — | $ | — | $ | 7 | $ | — | $ | — | $ | 5,104 | ||||||||||||||||||
As of April 30, 2012, total change in unrealized gain (loss) on Level 3 securities still held at period end and included in the change in net assets was $7 |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL REAL ESTATE FUND |
AS OF APRIL 30, 2012 (UNAUDITED) |
Shares | Value | Percentage of Net Assets | ||||
COMMON STOCK: 98.3% | ||||||
Australia: 7.9% | ||||||
47,788,716 | Dexus Property Group | 46,365,770 | 1.2 | |||
11,096,005 | Goodman Group | 41,485,744 | 1.0 | |||
4,516,620 | GPT Group | 15,376,796 | 0.4 | |||
10,762,775 | Investa Office Fund | 30,549,857 | 0.8 | |||
6,125,758 | Mirvac Group | 8,231,120 | 0.2 | |||
7,110,960 | Stockland | 22,843,472 | 0.6 | |||
11,027,134 | Westfield Group | 105,434,264 | 2.6 | |||
15,730,581 | Westfield Retail Trust | 44,390,531 | 1.1 | |||
314,677,554 | 7.9 | |||||
Brazil: 0.2% | ||||||
504,600 | Sonae Sierra Brasil SA | 8,153,440 | 0.2 | |||
Canada: 2.5% | ||||||
349,300 | Boardwalk Real Estate Investment Trust | 20,794,992 | 0.5 | |||
1,671,000 | Brookfield Properties Co. | 30,345,360 | 0.7 | |||
276,000 | Calloway Real Estate Investment Trust | 7,677,765 | 0.2 | |||
297,200 | Canadian Real Estate Investment Trust | 11,640,095 | 0.3 | |||
344,200 | Primaris Retail Real Estate | 8,073,203 | 0.2 | |||
842,400 | RioCan Real Estate Investment Trust | 23,143,935 | 0.6 | |||
101,675,350 | 2.5 | |||||
China: 2.3% | ||||||
61,863,000 | @ | Country Garden Holdings Co. Ltd. | 26,679,361 | 0.7 | ||
73,900,000 | L | Evergrande Real Estate Group Ltd. | 42,425,009 | 1.1 | ||
14,080,500 | @ | Longfor Properties Co., Ltd. | 22,243,486 | 0.5 | ||
91,347,856 | 2.3 | |||||
France: 4.4% | ||||||
346,316 | Fonciere Des Regions | 26,833,647 | 0.7 | |||
240,659 | @ | ICADE | 20,303,492 | 0.5 | ||
755,160 | Klepierre | 23,940,119 | 0.6 | |||
116,020 | Societe Immobiliere de Location pour l'Industrie et le Commerce | 12,243,023 | 0.3 | |||
492,229 | Unibail | 92,104,537 | 2.3 | |||
175,424,818 | 4.4 | |||||
Germany: 0.4% | ||||||
518,844 | @,L | GSW Immobilien AG | 17,267,727 | 0.4 | ||
Hong Kong: 10.0% | ||||||
7,613,763 | Cheung Kong Holdings Ltd. | 100,692,463 | 2.5 | |||
4,237,100 | Great Eagle Holding Co. | 12,444,152 | 0.3 | |||
3,158,600 | Hang Lung Group Ltd. | 19,699,677 | 0.5 | |||
11,966,245 | Hang Lung Properties Ltd. | 43,994,210 | 1.1 | |||
2,629,594 | Hongkong Land Holdings Ltd. | 16,279,919 | 0.4 | |||
8,269,000 | Kerry Properties Ltd. | 37,519,986 | 0.9 | |||
10,052,900 | Link Real Estate Investment Trust | 41,824,125 | 1.1 | |||
26,739,200 | Sino Land Co. | 45,867,058 | 1.2 | |||
4,400,000 | Sun Hung Kai Properties Ltd. | 52,702,754 | 1.3 | |||
4,694,346 | Wharf Holdings Ltd. | 27,839,181 | 0.7 | |||
398,863,525 | 10.0 | |||||
Japan: 12.8% | ||||||
4,180 | Advance Residence Investment Corp. | 8,081,058 | 0.2 | |||
577,700 | Daito Trust Construction Co., Ltd. | 51,951,525 | 1.3 | |||
715,000 | Daiwa House Industry Co., Ltd. | 9,226,550 | 0.2 | |||
5,182 | Japan Real Estate Investment Corp. | 45,906,593 | 1.1 | |||
13,843 | Japan Retail Fund Investment Corp. | 22,071,694 | 0.6 | |||
3,487 | Kenedix Realty Investment Corp. | 12,157,002 | 0.3 | |||
7,598,230 | Mitsubishi Estate Co., Ltd. | 134,324,115 | 3.4 | |||
7,035,088 | Mitsui Fudosan Co., Ltd. | 128,860,377 | 3.2 | |||
2,058 | Nippon Accommodations Fund, Inc. | 13,589,342 | 0.3 | |||
2,287 | Nippon Building Fund, Inc. | 21,731,453 | 0.5 | |||
1,331,000 | Nomura Real Estate Holdings, Inc. | 23,267,442 | 0.6 | |||
7,637,000 | Tokyo Tatemono Co., Ltd. | 28,200,038 | 0.7 | |||
12,908 | United Urban Investment Corp. | 15,208,858 | 0.4 | |||
514,576,047 | 12.8 | |||||
Netherlands: 0.7% | ||||||
663,120 | Corio NV | 29,705,889 | 0.7 | |||
Singapore: 4.8% | ||||||
2,405,000 | Ascendas Real Estate Investment Trust | 4,034,585 | 0.1 | |||
29,610,000 | L | CapitaCommercial Trust | 30,794,974 | 0.8 | ||
26,025,950 | CapitaLand Ltd. | 61,516,975 | 1.5 | |||
19,216,991 | CapitaMall Trust | 27,900,400 | 0.7 | |||
3,464,900 | Frasers Centrepoint Trust | 4,453,731 | 0.1 | |||
31,203,600 | @ | Global Logistic Properties Ltd. | 51,782,696 | 1.3 | ||
4,163,000 | Keppel Land Ltd. | 10,599,062 | 0.3 | |||
191,082,423 | 4.8 | |||||
Sweden: 0.5% | ||||||
1,032,624 | Castellum AB | 13,075,433 | 0.3 | |||
739,680 | Hufvudstaden AB | 7,948,076 | 0.2 | |||
21,023,509 | 0.5 | |||||
United Kingdom: 4.6% | ||||||
2,260,647 | British Land Co. PLC | 17,958,782 | 0.5 | |||
1,064,770 | Derwent Valley Holdings PLC | 30,107,862 | 0.8 | |||
3,417,992 | Great Portland Estates PLC | 19,978,163 | 0.5 |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL REAL ESTATE FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Shares | Value | Percentage of Net Assets | ||||
5,559,961 | Hammerson PLC | 37,692,796 | 0.9 | |||
4,374,261 | Land Securities Group PLC | 51,657,106 | 1.3 | |||
5,220,030 | Safestore Holdings Ltd. | 9,489,843 | 0.2 | |||
4,609,582 | Segro PLC | 16,542,249 | 0.4 | |||
183,426,801 | 4.6 | |||||
United States: 47.2% | ||||||
782,508 | AvalonBay Communities, Inc. | 113,776,663 | 2.8 | |||
1,085,900 | Boston Properties, Inc. | 117,548,675 | 2.9 | |||
943,700 | BRE Properties, Inc. | 49,544,250 | 1.2 | |||
2,942,200 | DDR Corp. | 43,544,560 | 1.1 | |||
854,500 | Douglas Emmett, Inc. | 19,858,580 | 0.5 | |||
1,449,800 | Equity Residential | 89,075,712 | 2.2 | |||
370,100 | Essex Property Trust, Inc. | 58,464,697 | 1.5 | |||
281,300 | Federal Realty Investment Trust | 28,315,658 | 0.7 | |||
3,706,111 | General Growth Properties, Inc. | 65,968,776 | 1.6 | |||
1,047,529 | HCP, Inc. | 43,420,077 | 1.1 | |||
935,300 | Health Care Real Estate Investment Trust, Inc. | 52,994,098 | 1.3 | |||
584,300 | Highwoods Properties, Inc. | 20,292,739 | 0.5 | |||
5,197,135 | Host Hotels & Resorts, Inc. | 86,480,327 | 2.2 | |||
508,700 | Kilroy Realty Corp. | 24,137,815 | 0.6 | |||
2,423,700 | Kimco Realty Corp. | 47,044,017 | 1.2 | |||
1,449,575 | Liberty Property Trust | 52,837,009 | 1.3 | |||
1,472,141 | Macerich Co. | 90,639,721 | 2.3 | |||
700,200 | Pebblebrook Hotel Trust | 16,860,816 | 0.4 | |||
831,700 | Post Properties, Inc. | 40,503,790 | 1.0 | |||
3,090,902 | ProLogis, Inc. | 110,592,474 | 2.8 | |||
456,524 | Public Storage, Inc. | 65,401,628 | 1.6 | |||
1,537,920 | Simon Property Group, Inc. | 239,300,352 | 6.0 | |||
1,010,830 | SL Green Realty Corp. | 83,332,825 | 2.1 | |||
910,900 | Starwood Hotels & Resorts Worldwide, Inc. | 53,925,280 | 1.3 | |||
557,900 | Tanger Factory Outlet Centers, Inc. | 17,473,428 | 0.4 | |||
579,700 | Taubman Centers, Inc. | 44,741,246 | 1.1 | |||
2,397,555 | UDR, Inc. | 63,127,623 | 1.6 | |||
1,095,304 | Ventas, Inc. | 64,392,922 | 1.6 | |||
1,053,802 | Vornado Realty Trust | 90,458,364 | 2.3 | |||
1,894,054,122 | 47.2 | |||||
Total Common Stock | ||||||
(Cost $3,095,780,613) | 3,941,279,061 | 98.3 | ||||
RIGHTS: 0.0% | ||||||
Germany: 0.0% | ||||||
518,844 | @,L | GSW Immobilien AG | 609,460 | 0.0 | ||
Total Rights | ||||||
(Cost $–) | 609,460 | 0.0 | ||||
Total Long-Term Investments | ||||||
(Cost $3,095,780,613) | 3,941,888,521 | 98.3 | ||||
Principal Amount† | Value | Percentage of Net Assets | ||||
SHORT-TERM INVESTMENTS: 2.0% | ||||||
Securities Lending Collateralcc(1): 0.6% | ||||||
1,230,992 | Barclays Bank PLC, Repurchase Agreement dated 04/30/12, 0.18%, due 05/01/12 (Repurchase Amount $1,230,998, collateralized by various U.S. Government Securities, 0.000%, Market Value plus accrued interest $1,255,612, due 05/15/14-02/15/42) | 1,230,992 | 0.0 | |||
5,847,206 | BNP Paribas Bank, Repurchase Agreement dated 04/30/12, 0.21%, due 05/01/12 (Repurchase Amount $5,847,240, collateralized by various U.S. Government and U.S. Government Agency Obligations, 0.000%-4.625%, Market Value plus accrued interest $5,964,154, due 05/08/12-04/30/17) | 5,847,206 | 0.1 | |||
5,847,206 | Credit Suisse Securities, Repurchase Agreement dated 04/30/12, 0.18%, due 05/01/12 (Repurchase Amount $5,847,235, collateralized by various U.S. Government Securities, 0.625%-2.375%, Market Value plus accrued interest $5,964,170, due 04/30/13-02/15/41) | 5,847,206 | 0.1 | |||
5,847,206 | Deutsche Bank AG, Repurchase Agreement dated 04/30/12, 0.22%, due 05/01/12 (Repurchase Amount $5,847,241, collateralized by various U.S. Government Agency Obligations, 2.491%-7.000%, Market Value plus accrued interest $5,964,153, due 08/01/25-04/01/42) | 5,847,206 | 0.2 |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL REAL ESTATE FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Principal Amount† | Value | Percentage of Net Assets | ||||
5,847,206 | Goldman Sachs & Co., Repurchase Agreement dated 04/30/12, 0.20%, due 05/01/12 (Repurchase Amount $5,847,238, collateralized by various U.S. Government Agency Obligations, 3.500%-5.500%, Market Value plus accrued interest $5,964,150, due 02/01/18-07/15/41) | 5,847,206 | 0.2 | |||
24,619,816 | 0.6 | |||||
Shares | Value | Percentage of Net Assets | ||||
Mutual Funds: 1.4% | ||||||
54,060,765 | BlackRock Liquidity Funds, TempFund, Institutional Class | |||||
(Cost $54,060,765) | 54,060,765 | 1.4 | ||||
Total Short-Term Investments | ||||||
(Cost $78,680,581) | 78,680,581 | 2.0 | ||||
Total Investments in Securities (Cost $3,174,461,194) |
$ 4,020,569,102 | 100.3 | ||||
Liabilities in Excess of Other Assets | (10,920,669) | (0.3) | ||||
Net Assets | $ 4,009,648,433 | 100.0 |
† | Unless otherwise indicated, principal amount is shown in USD. |
@ | Non-income producing security |
cc | Securities purchased with cash collateral for securities loaned. |
L | Loaned security, a portion or all of the security is on loan at April 30, 2012. |
(1) | Collateral received from brokers for securities lending was invested into these short-term investments. |
Cost for federal income tax purposes is $3,378,819,152. | ||
Net unrealized appreciation consists of: | ||
Gross Unrealized Appreciation | $813,830,055 | |
Gross Unrealized Depreciation |
(172,080,105) | |
Net Unrealized Appreciation | $641,749,950 | |
Sector Diversification | Percentage of Net Assets |
Consumer Discretionary | 1.3% |
Financials | 97.0 |
Short-Term Investments | 2.0 |
Liabilities in Excess of Other Assets | (0.3) |
Net Assets | 100.0% |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL REAL ESTATE FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Fair Value Measurements^ | ||||||||||||||||
The following is a summary of the fair valuations according to the inputs used as of April 30, 2012 in valuing the assets and liabilities: | ||||||||||||||||
Quoted Prices in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs # (Level 2) | Significant
Unobservable Inputs (Level 3) | Fair Value
at 4/30/2012 | |||||||||||||
Asset Table | ||||||||||||||||
Investments, at value | ||||||||||||||||
Common Stock | ||||||||||||||||
Australia | $ | — | $ | 314,677,554 | $ | — | $ | 314,677,554 | ||||||||
Brazil | 8,153,440 | — | — | 8,153,440 | ||||||||||||
Canada | 101,675,350 | — | — | 101,675,350 | ||||||||||||
China | — | 91,347,856 | — | 91,347,856 | ||||||||||||
France | 12,243,023 | 163,181,795 | — | 175,424,818 | ||||||||||||
Germany | — | 17,267,727 | — | 17,267,727 | ||||||||||||
Hong Kong | — | 398,863,525 | — | 398,863,525 | ||||||||||||
Japan | — | 514,576,047 | — | 514,576,047 | ||||||||||||
Netherlands | — | 29,705,889 | — | 29,705,889 | ||||||||||||
Singapore | — | 191,082,423 | — | 191,082,423 | ||||||||||||
Sweden | — | 21,023,509 | — | 21,023,509 | ||||||||||||
United Kingdom | — | 183,426,801 | — | 183,426,801 | ||||||||||||
United States | 1,894,054,122 | — | — | 1,894,054,122 | ||||||||||||
Total Common Stock | 2,016,125,935 | 1,925,153,126 | — | 3,941,279,061 | ||||||||||||
Rights | — | 609,460 | — | 609,460 | ||||||||||||
Short-Term Investments | 54,060,765 | 24,619,816 | — | 78,680,581 | ||||||||||||
Total Investments, at value | $ | 2,070,186,700 | $ | 1,950,382,402 | $ | — | $ | 4,020,569,102 | ||||||||
^ | See Note 2, "Significant Accounting Policies" in the Notes to Financial Statements for additional information. |
# | The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Fund may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Fund's investments are categorized as Level 2 investments. |
There were no significant transfers between Level 1 and 2 during the period ended April 30, 2012. |
Transfers in or out of Level 3 represent either the beginning value (for transfers in), or the ending value (for transfers out) of any security or derivative instrument where a change in the pricing level occurred from the beginning to the end of the period. Transfers are recognized at the end of the reporting period.
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL VALUE CHOICE FUND |
AS OF APRIL 30, 2012 (UNAUDITED) |
Shares | Value | Percentage of Net Assets | ||||
COMMON STOCK: 98.0% | ||||||
Australia: 1.9% | ||||||
215,733 | Newcrest Mining Ltd. | 5,878,735 | 1.9 | |||
Brazil: 2.8% | ||||||
208,300 | @ | BrasilAgro - Companhia Brasileira de Propriedades Agricolas | 826,141 | 0.3 | ||
537,190 | Centrais Eletricas Brasileiras SA ADR | 6,419,420 | 2.1 | |||
215,200 | Profarma Distribuidora de Produtos Farmaceuticos SA | 1,075,915 | 0.4 | |||
8,321,476 | 2.8 | |||||
Canada: 13.3% | ||||||
742,000 | @ | Bankers Petroleum Ltd. | 2,568,852 | 0.9 | ||
282,668 | Barrick Gold Corp. | 11,428,267 | 3.8 | |||
485,837 | L | Cameco Corp. | 10,736,998 | 3.6 | ||
5,724,288 | @ | Eastern Platinum Ltd. | 2,201,984 | 0.7 | ||
439,700 | @ | Gabriel Resources Ltd. | 1,161,732 | 0.4 | ||
49,000 | @ | Ivanhoe Mines Ltd. | 573,790 | 0.2 | ||
210,038 | Kinross Gold Corp. | 1,879,840 | 0.6 | |||
81,758 | Nexen, Inc. | 1,582,017 | 0.5 | |||
49,433 | Niko Resources Ltd. | 2,082,706 | 0.7 | |||
168,000 | @,L | Novagold Resources, Inc. | 1,204,560 | 0.4 | ||
541,503 | @ | Uranium Participation Corp. | 3,020,379 | 1.0 | ||
19,578 | Westjet Airlines Ltd. | 278,850 | 0.1 | |||
93,926 | @ | Westjet Airlines Ltd. | 1,353,006 | 0.4 | ||
40,072,981 | 13.3 | |||||
China: 0.0% | ||||||
12,100,000 | @,X | China Hongxing Sports Ltd. | 70,278 | 0.0 | ||
Egypt: 1.9% | ||||||
793,638 | @ | Egyptian Financial Group-Hermes Holding | 1,776,149 | 0.6 | ||
522,883 | Oriental Weavers | 1,653,782 | 0.5 | |||
1,054,342 | Telecom Egypt | 2,262,076 | 0.8 | |||
5,692,007 | 1.9 | |||||
Finland: 0.8% | ||||||
691,297 | Nokia OYJ ADR | 2,523,234 | 0.8 | |||
France: 7.9% | ||||||
105,485 | @,L | Areva SA | 1,846,609 | 0.6 | ||
30,350 | Carrefour S.A. | 609,624 | 0.2 | |||
650,000 | Electricite de France SA | 13,770,843 | 4.6 | |||
187,152 | Thales S.A. | 6,488,214 | 2.2 | |||
54,000 | Vivendi | 998,811 | 0.3 | |||
23,714,101 | 7.9 | |||||
Greece: 0.5% | ||||||
171,616 | OPAP S.A. | 1,533,717 | 0.5 | |||
Hong Kong: 0.7% | ||||||
163,000 | Guoco Group Ltd. | 1,363,648 | 0.5 | |||
1,618,000 | L | United Laboratories International Holdings Ltd. | 649,769 | 0.2 | ||
2,013,417 | 0.7 | |||||
Hungary: 0.5% | ||||||
24,316 | Egis PLC | 1,623,473 | 0.5 | |||
India: 0.3% | ||||||
276,205 | Pantaloon Retail India Ltd. | 981,687 | 0.3 | |||
Indonesia: 1.6% | ||||||
6,840,000 | Medco Energi Internasional Tbk PT | 1,557,755 | 0.5 | |||
89,200 | Telekomunikasi Indonesia Tbk PT ADR | 3,229,932 | 1.1 | |||
4,787,687 | 1.6 | |||||
Italy: 3.6% | ||||||
833,583 | ERG S.p.A. | 6,281,960 | 2.1 | |||
372,500 | L | Finmeccanica S.p.A. | 1,602,368 | 0.5 | ||
3,160,000 | @ | Telecom Italia S.p.A. RNC | 2,959,740 | 1.0 | ||
10,844,068 | 3.6 | |||||
Japan: 15.3% | ||||||
119,000 | Chugoku Marine Paints Ltd. | 710,136 | 0.2 | |||
1,295,550 | Chuo Mitsui Trust Holdings, Inc. | 3,795,368 | 1.3 | |||
766,000 | Daiwa Securities Group, Inc. | 2,894,722 | 1.0 | |||
100,900 | East Japan Railway Co. | 6,277,711 | 2.1 | |||
158,000 | Futaba Corp. | 2,461,837 | 0.8 | |||
71,300 | Japan Digital Laboratory Co. | 776,078 | 0.3 | |||
681,000 | Japan Steel Works Ltd. | 4,142,291 | 1.4 | |||
276,000 | Kamigumi Co., Ltd. | 2,218,209 | 0.7 | |||
68,100 | Kurita Water Industries Ltd. | 1,668,725 | 0.6 | |||
187,500 | Mitsui & Co., Ltd. | 2,927,925 | 1.0 | |||
166,500 | Mitsui Sumitomo Insurance Group Holdings, Inc. | 3,069,615 | 1.0 | |||
153,200 | Nippon Telegraph & Telephone Corp. | 6,931,635 | 2.3 | |||
115,000 | Organo Corp. | 748,501 | 0.2 | |||
250,600 | Sanshin Electronics Co., Ltd. | 1,901,168 | 0.6 | |||
243,000 | Toppan Printing Co., Ltd. | 1,645,848 | 0.5 | |||
1,590 | TV Asahi Corp. | 2,374,843 | 0.8 | |||
36,700 | West Japan Railway Co. | 1,507,727 | 0.5 | |||
46,052,339 | 15.3 | |||||
Lebanon: 0.5% | ||||||
106,939 | # | Solidere GDR | 1,403,040 | 0.5 | ||
Norway: 1.0% | ||||||
5,964,105 | Marine Harvest | 3,060,972 | 1.0 | |||
Russia: 4.9% | ||||||
558,200 | Gazprom OAO ADR | 6,441,628 | 2.2 | |||
27,429,700 | @ | OGK-3 OJSC | 987,082 | 0.3 |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL VALUE CHOICE FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Shares | Value | Percentage of Net Assets | ||||
2,092,000 | Federal Hydrogenerating Co. JSC ADR | 7,278,827 | 2.4 | |||
14,707,537 | 4.9 | |||||
Slovenia: 0.5% | ||||||
22,274 | Krka dd Novo mesto | 1,402,996 | 0.5 | |||
South Africa: 2.7% | ||||||
133,600 | AngloGold Ashanti Ltd ADR | 4,593,168 | 1.5 | |||
144,750 | Impala Platinum Holdings Ltd. | 2,825,687 | 0.9 | |||
3,250,000 | @ | Village Main Reef Ltd. | 706,581 | 0.3 | ||
8,125,436 | 2.7 | |||||
South Korea: 4.1% | ||||||
330,028 | Korea Electric Power Corp. ADR | 3,135,266 | 1.0 | |||
363,987 | KT Corp. ADR | 4,677,233 | 1.5 | |||
348,000 | SK Telecom Co., Ltd. ADR | 4,704,960 | 1.6 | |||
12,517,459 | 4.1 | |||||
Switzerland: 1.5% | ||||||
91,744 | Actelion Ltd. - Reg | 3,885,170 | 1.3 | |||
11,250 | Novartis AG | 621,183 | 0.2 | |||
4,506,353 | 1.5 | |||||
Turkey: 2.1% | ||||||
511,507 | @ | Turkcell Iletisim Hizmet AS ADR | 6,322,227 | 2.1 | ||
United Kingdom: 3.8% | ||||||
2,170,128 | @ | Polyus Gold International Ltd. GDR | 6,727,397 | 2.2 | ||
262,800 | Stolt-Nielsen Ltd. | 4,699,003 | 1.6 | |||
11,426,400 | 3.8 | |||||
United States: 25.8% | ||||||
70,068 | Alliant Techsystems, Inc. | 3,734,624 | 1.2 | |||
133,000 | @ | American International Group, Inc. | 4,525,990 | 1.5 | ||
529,869 | Arch Coal, Inc. | 5,171,521 | 1.7 | |||
54,959 | Archer-Daniels-Midland Co. | 1,694,386 | 0.6 | |||
350,274 | L | Best Buy Co., Inc. | 7,730,547 | 2.6 | ||
313,426 | Chesapeake Energy Corp. | 5,779,575 | 1.9 | |||
151,250 | Computer Sciences Corp. | 4,244,075 | 1.4 | |||
81,000 | Eli Lilly & Co. | 3,352,590 | 1.1 | |||
90,676 | Exelon Corp. | 3,537,271 | 1.2 | |||
12,000 | Hess Corp. | 625,680 | 0.2 | |||
123,605 | @ | Ingram Micro, Inc. | 2,405,353 | 0.8 | ||
137,487 | Kroger Co. | 3,199,323 | 1.1 | |||
97,487 | Microsoft Corp. | 3,121,534 | 1.0 | |||
255,200 | Newmont Mining Corp. | 12,160,280 | 4.0 | |||
313,002 | Old Republic International Corp. | 3,114,370 | 1.0 | |||
725,786 | Southwest Airlines Co. | 6,009,508 | 2.0 | |||
56,477 | @ | Southwestern Energy Co. | 1,783,544 | 0.6 | ||
142,975 | @ | Western Digital Corp. | 5,548,860 | 1.9 | ||
77,739,031 | 25.8 | |||||
Total Common Stock | ||||||
(Cost $334,100,198) | 295,320,651 | 98.0 | ||||
PREFERRED STOCK: 0.5% | ||||||
South Korea: 0.5% | ||||||
74,600 | LG Electronics, Inc. | 1,332,028 | 0.5 | |||
Total Preferred Stock | ||||||
(Cost $2,419,000) | 1,332,028 | 0.5 | ||||
RIGHTS: 0.0% | ||||||
Hong Kong: 0.0% | ||||||
404,500 | @ | United Laboratories International Holdings Ltd. | 47,964 | 0.0 | ||
Total Rights | ||||||
(Cost $–) | 47,964 | 0.0 | ||||
Total Long-Term Investments | ||||||
(Cost $336,519,198) | 296,700,643 | 98.5 | ||||
Principal Amount† | Value | Percentage of Net Assets | ||||
SHORT-TERM INVESTMENTS: 3.0% | ||||||
Securities Lending Collateralcc(1): 2.4% | ||||||
1,742,300 | BNP Paribas Bank, Repurchase Agreement dated 04/30/12, 0.21%, due 05/01/12 (Repurchase Amount $1,742,310, collateralized by various U.S. Government and U.S. Government Agency Obligations, 0.000%-4.625%, Market Value plus accrued interest $1,777,147, due 05/08/12-04/30/17) | 1,742,300 | 0.6 | |||
366,800 | Credit Suisse Securities, Repurchase Agreement dated 04/30/12, 0.18%, due 05/01/12 (Repurchase Amount $366,802, collateralized by various U.S. Government Securities, 0.625%-2.375%, Market Value plus accrued interest $374,137, due 04/30/13-02/15/41) | 366,800 | 0.1 |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL VALUE CHOICE FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Principal Amount† | Value | Percentage of Net Assets | ||||
1,742,300 | Deutsche Bank AG, Repurchase Agreement dated 04/30/12, 0.22%, due 05/01/12 (Repurchase Amount $1,742,311, collateralized by various U.S. Government Agency Obligations, 2.491%-7.000%, Market Value plus accrued interest $1,777,147, due 08/01/25-04/01/42) | 1,742,300 | 0.6 | |||
1,742,300 | JPMorgan Chase & Co., Repurchase Agreement dated 04/30/12, 0.21%, due 05/01/12 (Repurchase Amount $1,742,310, collateralized by various U.S. Government Agency Obligations, 1.988%-6.297%, Market Value plus accrued interest $1,777,149, due 05/01/17-11/01/41) | 1,742,300 | 0.6 | |||
1,742,300 | Royal Bank of Canada, Repurchase Agreement dated 04/30/12, 0.20%, due 05/01/12 (Repurchase Amount $1,742,310, collateralized by various U.S. Government Agency Obligations, 0.000%-5.000%, Market Value plus accrued interest $1,777,146, due 07/30/12-03/01/42) | 1,742,300 | 0.5 | |||
7,336,000 | 2.4 | |||||
Shares | Value | Percentage of Net Assets | ||||
Mutual Funds: 0.6% | ||||||
1,765,221 | BlackRock Liquidity Funds, TempFund, Institutional Class | |||||
(Cost $1,765,221) | 1,765,221 | 0.6 | ||||
Total Short-Term Investments | ||||||
(Cost $9,101,221) | 9,101,221 | 3.0 | ||||
Total Investments in Securities (Cost $345,620,419) |
$ 305,801,864 | 101.5 | ||||
Liabilities in Excess of Other Assets | (4,463,304) | (1.5) | ||||
Net Assets | $ 301,338,560 | 100.0 | ||||
† | Unless otherwise indicated, principal amount is shown in USD. |
# | Securities with purchases pursuant to Rule 144A or section 4(2), under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers. |
@ | Non-income producing security |
ADR | American Depositary Receipt |
GDR | Global Depositary Receipt |
cc | Securities purchased with cash collateral for securities loaned. |
L | Loaned security, a portion or all of the security is on loan at April 30, 2012. |
X | Fair value determined by ING Funds Valuation Committee appointed by the Funds' Board of Directors/Trustees. |
(1) | Collateral received from brokers for securities lending was invested into these short-term investments. |
Cost for federal income tax purposes is $350,718,550. | ||
Net unrealized depreciation consists of: | ||
Gross Unrealized Appreciation | $15,906,251 | |
Gross Unrealized Depreciation |
(60,822,937) | |
Net Unrealized Depreciation | $(44,916,686) | |
Sector Diversification | Percentage of Net Assets |
Consumer Discretionary | 5.2% |
Consumer Staples | 3.2 |
Energy | 15.5 |
Financials | 8.4 |
Health Care | 4.2 |
Industrials | 15.8 |
Information Technology | 6.8 |
Materials | 17.1 |
Telecommunications | 10.7 |
Utilities | 11.6 |
Short-Term Investments | 3.0 |
Liabilities in Excess of Other Assets | (1.5) |
Net Assets | 100.0% |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL VALUE CHOICE FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Fair Value Measurements^ | ||||||||||||||||
The following is a summary of the fair valuations according to the inputs used as of April 30, 2012 in valuing the assets and liabilities: | ||||||||||||||||
Quoted Prices in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs # (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at 4/30/2012 | |||||||||||||
Asset Table | ||||||||||||||||
Investments, at value | ||||||||||||||||
Common Stock | ||||||||||||||||
Australia | $ | — | $ | 5,878,735 | $ | — | $ | 5,878,735 | ||||||||
Brazil | 8,321,476 | — | — | 8,321,476 | ||||||||||||
Canada | 40,072,981 | — | — | 40,072,981 | ||||||||||||
China | — | — | 70,278 | 70,278 | ||||||||||||
Egypt | 3,915,858 | 1,776,149 | — | 5,692,007 | ||||||||||||
Finland | 2,523,234 | — | — | 2,523,234 | ||||||||||||
France | 1,846,609 | 21,867,492 | — | 23,714,101 | ||||||||||||
Greece | — | 1,533,717 | — | 1,533,717 | ||||||||||||
Hong Kong | — | 2,013,417 | — | 2,013,417 | ||||||||||||
Hungary | — | 1,623,473 | — | 1,623,473 | ||||||||||||
India | — | 981,687 | — | 981,687 | ||||||||||||
Indonesia | 3,229,932 | 1,557,755 | — | 4,787,687 | ||||||||||||
Italy | — | 10,844,068 | — | 10,844,068 | ||||||||||||
Japan | — | 46,052,339 | — | 46,052,339 | ||||||||||||
Lebanon | 1,403,040 | — | — | 1,403,040 | ||||||||||||
Norway | — | 3,060,972 | — | 3,060,972 | ||||||||||||
Russia | 7,428,710 | 7,278,827 | — | 14,707,537 | ||||||||||||
Slovenia | — | 1,402,996 | — | 1,402,996 | ||||||||||||
South Africa | 5,299,749 | 2,825,687 | — | 8,125,436 | ||||||||||||
South Korea | 12,517,459 | — | — | 12,517,459 | ||||||||||||
Switzerland | — | 4,506,353 | — | 4,506,353 | ||||||||||||
Turkey | 6,322,227 | — | — | 6,322,227 | ||||||||||||
United Kingdom | 6,727,397 | 4,699,003 | — | 11,426,400 | ||||||||||||
United States | 77,739,031 | — | — | 77,739,031 | ||||||||||||
Total Common Stock | 177,347,703 | 117,902,670 | 70,278 | 295,320,651 | ||||||||||||
Preferred Stock | — | 1,332,028 | — | 1,332,028 | ||||||||||||
Rights | — | 47,964 | — | 47,964 | ||||||||||||
Short-Term Investments | 1,765,221 | 7,336,000 | — | 9,101,221 | ||||||||||||
Total Investments, at value | $ | 179,112,924 | $ | 126,618,662 | $ | 70,278 | $ | 305,801,864 | ||||||||
^ | See Note 2, "Significant Accounting Policies" in the Notes to Financial Statements for additional information. |
# | The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Fund may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Fund's investments are categorized as Level 2 investments. |
There were no significant transfers between Level 1 and 2 during the period ended April 30, 2012. | |
Transfers in or out of Level 3 represent either the beginning value (for transfers in), or the ending value (for transfers out) of any security or derivative instrument where a change in the pricing level occurred from the beginning to the end of the period. Transfers are recognized at the end of the reporting period. |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GLOBAL VALUE CHOICE FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
The following is a reconciliation of the fair valuations using significant observable inputs (Level 3) for the Fund’s assets and liabilities during the period ended April 30, 2012:
Asset Table | Beginning Balance on 10/31/2011 | Purchases | Sales | Accrued Discounts/(Premiums) | Total Realized Gain (Loss) | Total Unrealized Appreciation (Depreciation) | Transfers into Level 3 | Transfers Out of Level 3 | Ending Balance on 4/30/2012 | |||||||||
Investments, at value | ||||||||||||||||||
Common Stock | $554,471 | $– | $– | $– | $– | $(484,193) | $– | $– | $70,278 | |||||||||
Total Investments, at value | $554,471 | $– | $– | $– | $– | $(484,193) | $– | $– | $70,278 | |||||||||
As of April 30, 2012, total change in unrealized gain (loss) on Level 3 securities still held at period end and included in the change in net assets was $(484,193). | ||||||||||||||||||
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GREATER CHINA FUND |
AS OF APRIL 30, 2012 (UNAUDITED) |
Shares | Value | Percentage of Net Assets | ||||
COMMON STOCK: 99.7% | ||||||
China: 45.7% | ||||||
208,000 | Agile Property Holdings Ltd. | 270,627 | 0.9 | |||
221,000 | Agricultural Bank of China Ltd. | 104,522 | 0.3 | |||
96,000 | @ | Anhui Conch Cement Co., Ltd. | 319,348 | 1.0 | ||
510,000 | Anton Oilfield Services Group | 79,757 | 0.2 | |||
1,435,400 | Bank of China Ltd. | 597,732 | 1.9 | |||
290,000 | @ | China Coal Energy Co. - Class H | 331,322 | 1.0 | ||
603,000 | @ | China Communications Construction Co., Ltd. | 600,830 | 1.9 | ||
932,000 | China Communications Services Corp., Ltd. | 478,082 | 1.5 | |||
1,200,960 | China Construction Bank | 931,998 | 2.9 | |||
255,000 | China High Speed Transmission Equipment Group Co., Ltd. | 122,440 | 0.4 | |||
165,000 | @ | China Life Insurance Co., Ltd. | 439,320 | 1.4 | ||
438,000 | China Minsheng Banking Corp. Ltd | 453,237 | 1.4 | |||
144,000 | China Mobile Ltd. | 1,593,147 | 5.0 | |||
70,000 | China Oilfield Services Ltd. | 112,767 | 0.4 | |||
84,000 | China Overseas Land & Investment Ltd. | 181,525 | 0.6 | |||
398,000 | China Petroleum & Chemical Corp. | 422,720 | 1.3 | |||
1,371,000 | China Power International Development Ltd. | 309,625 | 1.0 | |||
463,000 | China Railway Group Ltd. | 182,504 | 0.6 | |||
56,000 | China Resources Enterprise | 202,702 | 0.6 | |||
76,500 | @ | China Shenhua Energy Co., Ltd. | 337,828 | 1.1 | ||
180,000 | @ | China Telecom Corp., Ltd. | 96,471 | 0.3 | ||
134,000 | #,@ | CITIC Securities Co. Ltd. | 280,132 | 0.9 | ||
448,000 | CNOOC Ltd. | 946,691 | 3.0 | |||
756,000 | Datang International Power Generation Co., Ltd. | 267,942 | 0.8 | |||
900,000 | @,X | Fook Woo Group Holdings Ltd. | 158,919 | 0.5 | ||
176,000 | @ | Glorious Property Holdings Ltd. | 26,765 | 0.1 | ||
196,000 | @ | Guangzhou Automobile Group Co. Ltd. | 216,405 | 0.7 | ||
72,000 | #,@ | Haitong Securities Co. Ltd. | 100,781 | 0.3 | ||
15,000 | Hengan International Group Co., Ltd. | 158,500 | 0.5 | |||
1,409,140 | Industrial and Commercial Bank of China Ltd. | 936,281 | 3.0 | |||
30,000 | Inner Mongolia Yitai Coal Co. | 171,027 | 0.5 | |||
286,000 | Maanshan Iron & Steel | 80,057 | 0.3 | |||
530,000 | PetroChina Co., Ltd. | 790,599 | 2.5 | |||
40,500 | Ping An Insurance Group Co. of China Ltd. | 336,404 | 1.1 | |||
147,000 | X | Real Gold Mining Ltd. | 83,934 | 0.3 | ||
262,000 | Shenguan Holdings Group Ltd. | 141,397 | 0.4 | |||
534,000 | @ | China National Materials Co. Ltd. | 205,335 | 0.6 | ||
268,000 | Sinopec Shanghai Petrochemical Co. Ltd. | 93,025 | 0.3 | |||
12,588 | Spreadtrum Communications, Inc. ADR | 173,714 | 0.5 | |||
25,900 | Tencent Holdings Ltd. | 810,250 | 2.6 | |||
111,500 | Zhaojin Mining Industry Co. Ltd. | 155,194 | 0.5 | |||
615,000 | @ | Zijin Mining Group Co., Ltd. | 199,309 | 0.6 | ||
14,501,165 | 45.7 | |||||
Hong Kong: 25.6% | ||||||
216,000 | AIA Group Ltd. | 764,396 | 2.4 | |||
611,000 | C C Land Holdings Ltd. | 128,807 | 0.4 | |||
56,000 | Cheung Kong Holdings Ltd. | 740,603 | 2.3 | |||
170,000 | China Everbright Ltd. | 268,344 | 0.8 | |||
307,000 | Chow Sang Sang Holdings International Ltd. | 776,297 | 2.4 | |||
194,000 | Cnpc Hong Kong Ltd. | 340,453 | 1.1 | |||
323,280 | Dah Sing Banking Group Ltd. | 334,094 | 1.1 | |||
97,000 | @ | Galaxy Entertainment Group Ltd. | 302,391 | 1.0 | ||
412,000 | @ | HKT Trust / HKT Ltd. | 320,205 | 1.0 | ||
24,000 | Hong Kong Exchanges and Clearing Ltd. | 381,672 | 1.2 | |||
23,500 | HongKong Electric Holdings | 175,450 | 0.6 | |||
49,000 | Hutchison Whampoa Ltd. | 469,422 | 1.5 | |||
332,000 | K Wah International Holdings Ltd. | 139,650 | 0.4 | |||
62,500 | Kerry Properties Ltd. | 283,589 | 0.9 | |||
1,200,000 | Kosmopolito Hotels International Ltd. | 207,815 | 0.7 | |||
150,000 | Li & Fung Ltd. | 319,867 | 1.0 | |||
60,400 | @ | MGM China Holdings Ltd. | 111,447 | 0.3 | ||
79,500 | MTR Corp. | 281,957 | 0.9 | |||
194,000 | Sino Land Co. | 332,778 | 1.0 | |||
31,000 | Sun Hung Kai Properties Ltd. | 371,315 | 1.2 | |||
18,500 | Swire Pacific Ltd. | 218,079 | 0.7 | |||
34,000 | Television Broadcasts Ltd. | 249,084 | 0.8 | |||
100,500 | Wharf Holdings Ltd. | 596,002 | 1.9 | |||
8,113,717 | 25.6 |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GREATER CHINA FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Shares | Value | Percentage of Net Assets | ||||
Taiwan: 28.4% | ||||||
171,000 | Cathay Financial Holding Co., Ltd. | 179,770 | 0.6 | |||
313,000 | China Airlines Ltd. | 121,146 | 0.4 | |||
363,522 | China Life Insurance Co., Ltd. | 322,312 | 1.0 | |||
254,091 | Chinatrust Financial Holding Co., Ltd. | 161,064 | 0.5 | |||
139,000 | Chipbond Technology Corp. | 186,792 | 0.6 | |||
51,000 | Chunghwa Telecom Co., Ltd. | 159,468 | 0.5 | |||
295,000 | Compal Electronics, Inc. | 337,727 | 1.1 | |||
720,745 | E.Sun Financial Holding Co., Ltd. | 380,480 | 1.2 | |||
459,000 | Eva Airways Corp. | 274,351 | 0.9 | |||
243,000 | Evergreen Marine Corp. | 142,438 | 0.5 | |||
234,110 | Far Eastern New Century Corp. | 262,836 | 0.8 | |||
56,000 | Formosa Chemicals & Fibre Co. | 161,636 | 0.5 | |||
32,000 | Foxconn Technology Co., Ltd. | 112,000 | 0.4 | |||
358,000 | Fubon Financial Holding Co., Ltd. | 370,377 | 1.2 | |||
326,256 | Hon Hai Precision Industry Co., Ltd. | 1,025,806 | 3.2 | |||
25,492 | HTC Corp. | 382,642 | 1.2 | |||
70,455 | Huaku Development Co. Ltd | 168,420 | 0.5 | |||
2,496 | J Touch Corp. | 2,700 | 0.0 | |||
483,000 | King Yuan Electronics Co., Ltd. | 198,971 | 0.6 | |||
28,000 | MediaTek, Inc. | 241,232 | 0.8 | |||
482,000 | Mega Financial Holdings Co., Ltd. | 378,958 | 1.2 | |||
32,000 | MStar Semiconductor, Inc. | 188,862 | 0.6 | |||
199,000 | Prince Housing & Development Corp. | 142,223 | 0.4 | |||
69,000 | Synnex Technology International Corp. | 161,136 | 0.5 | |||
117,000 | Taiwan Fertilizer Co., Ltd. | 278,396 | 0.9 | |||
616,000 | Taiwan Semiconductor Manufacturing Co., Ltd. | 1,820,672 | 5.7 | |||
13,000 | @ | TPK Holding Co. Ltd | 158,645 | 0.5 | ||
743,000 | United Microelectronics Corp. | 388,643 | 1.2 | |||
598,159 | Yuanta Financial Holding Co., Ltd. | 284,936 | 0.9 | |||
8,994,639 | 28.4 | |||||
Total Common Stock | ||||||
(Cost $27,485,362) | 31,609,521 | 99.7 | ||||
Assets in Excess of Other Liabilities | 88,642 | 0.3 | ||||
Net Assets | $ 31,698,163 | 100.0 |
# | Securities with purchases pursuant to Rule 144A or section 4(2), under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers. |
@ | Non-income producing security |
ADR | American Depositary Receipt |
X | Fair value determined by ING Funds Valuation Committee appointed by the Funds' Board of Directors/Trustees. |
Cost for federal income tax purposes is $28,537,844. | ||
Net unrealized appreciation consists of: | ||
Gross Unrealized Appreciation | $5,461,718 | |
Gross Unrealized Depreciation |
(2,390,041) | |
Net Unrealized Appreciation | $3,071,677 | |
Sector Diversification | Percentage of Net Assets |
Consumer Discretionary | 6.9% |
Consumer Staples | 1.5 |
Energy | 11.1 |
Financials | 36.6 |
Industrials | 9.0 |
Information Technology | 19.5 |
Materials | 4.4 |
Telecommunications | 8.3 |
Utilities | 2.4 |
Assets in Excess of Other Liabilities | 0.3 |
Net Assets | 100.0% |
|
|
|
PORTFOLIO OF INVESTMENTS |
ING GREATER CHINA FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Fair Value Measurements^ | ||||||||||||||||
The following is a summary of the fair valuations according to the inputs used as of April 30, 2012 in valuing the assets and liabilities: | ||||||||||||||||
Quoted Prices
in Active Markets for Identical Investments (Level 1) | Significant
Other Observable Inputs # (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at 4/30/2012 | |||||||||||||
Asset Table | ||||||||||||||||
Investments, at value | ||||||||||||||||
Common Stock | ||||||||||||||||
China | $ | 274,495 | $ | 13,983,817 | $ | 242,853 | $ | 14,501,165 | ||||||||
Hong Kong | 320,205 | 7,793,512 | — | 8,113,717 | ||||||||||||
Taiwan | — | 8,994,639 | — | 8,994,639 | ||||||||||||
Total Common Stock | 594,700 | 30,771,968 | 242,853 | 31,609,521 | ||||||||||||
Total Investments, at value | $ | 594,700 | $ | 30,771,968 | $ | 242,853 | $ | 31,609,521 | ||||||||
^ | See Note 2, "Significant Accounting Policies" in the Notes to Financial Statements for additional information. |
# | The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Fund may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Fund's investments are categorized as Level 2 investments. |
There were no significant transfers between Level 1 and 2 during the period ended April 30, 2012. | |
Transfers in or out of Level 3 represent either the beginning value (for transfers in), or the ending value (for transfers out) of any security or derivative instrument where a change in the pricing level occurred from the beginning to the end of the period. Transfers are recognized at the end of the reporting period. |
The following is a reconciliation of the fair valuations using significant observable inputs (Level 3) for the Fund’s assets and liabilities during the period ended April 30, 2012:
Asset Table | Beginning Balance on 10/31/2011 |
Purchases | Sales | Accrued Discounts/(Premiums) | Total Realized Gain (Loss) |
Total Unrealized Appreciation (Depreciation) |
Transfers into Level 3 |
Transfers Out of Level 3 |
Ending Balance on 4/30/2012 | |||||||||
Investments, at value | ||||||||||||||||||
Common Stock | $83,824 | $– | $– | $– | $– | $110 | $158,918 | $– | $242,852 | |||||||||
Total Investments, at value | $83,824 | $– | $– | $– | $– | $110 | $158,918 | $– | $242,852 | |||||||||
As of April 30, 2012, total change in unrealized gain (loss) on Level 3 securities still held at period end and included in the change in net assets was $110. | ||||||||||||||||||
|
|
ING INDEX PLUS INTERNATIONAL |
PORTFOLIO OF INVESTMENTS |
EQUITY FUND |
AS OF APRIL 30, 2012 (UNAUDITED) |
Shares | Value | Percentage of Net Assets | ||||
COMMON STOCK: 98.1% | ||||||
Australia: 8.6% | ||||||
4,235 | AGL Energy Ltd. | 65,902 | 0.1 | |||
6,418 | AMP Ltd. | 28,378 | 0.0 | |||
1,333 | ASX Ltd. | 44,317 | 0.1 | |||
12,030 | Australia & New Zealand Banking Group Ltd. | 298,022 | 0.3 | |||
15,398 | Bendigo Bank Ltd. | 120,408 | 0.1 | |||
23,124 | BHP Billiton Ltd. | 858,067 | 1.0 | |||
1,964 | Caltex Australia Ltd. | 27,981 | 0.0 | |||
1,172 | Campbell Brothers Ltd. | 83,163 | 0.1 | |||
29,517 | CFS Retail Property Trust | 59,042 | 0.1 | |||
2,214 | Coca-Cola Amatil Ltd. | 28,657 | 0.0 | |||
19,971 | Commonwealth Bank of Australia | 1,077,294 | 1.2 | |||
6,665 | Computershare Ltd. | 58,130 | 0.1 | |||
959 | CSL Ltd. | 36,519 | 0.0 | |||
51,081 | Dexus Property Group | 49,560 | 0.1 | |||
7,013 | Fortescue Metals Group Ltd. | 40,741 | 0.1 | |||
11,171 | GPT Group | 38,032 | 0.0 | |||
14,000 | Harvey Norman Holdings Ltd. | 29,355 | 0.0 | |||
25,740 | Iluka Resources Ltd. | 449,637 | 0.5 | |||
24,190 | Insurance Australia Group | 88,729 | 0.1 | |||
11,168 | Macquarie Group Ltd. | 336,609 | 0.4 | |||
53,892 | Metcash Ltd. | 221,731 | 0.3 | |||
46,489 | Mirvac Group | 62,467 | 0.1 | |||
20,309 | National Australia Bank Ltd. | 530,863 | 0.6 | |||
4,005 | Newcrest Mining Ltd. | 109,136 | 0.1 | |||
3,057 | Orica Ltd. | 85,075 | 0.1 | |||
4,778 | Origin Energy Ltd. | 65,645 | 0.1 | |||
2,671 | QBE Insurance Group Ltd. | 38,324 | 0.1 | |||
17,839 | QR National Ltd. | 67,316 | 0.1 | |||
1,462 | Ramsay Health Care Ltd. | 30,470 | 0.0 | |||
5,138 | Rio Tinto Ltd. | 351,567 | 0.4 | |||
14,271 | Sonic Healthcare Ltd. | 186,688 | 0.2 | |||
22,708 | Stockland | 72,948 | 0.1 | |||
10,505 | Suncorp-Metway Ltd. | 88,582 | 0.1 | |||
28,479 | Sydney Airport | 86,081 | 0.1 | |||
9,417 | TABCORP Holdings Ltd. | 28,090 | 0.0 | |||
11,669 | Tattersall's Ltd. | 31,338 | 0.0 | |||
41,265 | Telstra Corp., Ltd. | 152,143 | 0.2 | |||
4,683 | Toll Holdings Ltd. | 28,384 | 0.0 | |||
1,200 | Wesfarmers Ltd. | 37,682 | 0.0 | |||
4,547 | Westfield Group | 43,475 | 0.1 | |||
27,040 | Westfield Retail Trust | 76,305 | 0.1 | |||
24,463 | Westpac Banking Corp. | 576,500 | 0.7 | |||
5,494 | Woodside Petroleum Ltd. | 198,682 | 0.2 | |||
11,715 | Woolworths Ltd. | 315,881 | 0.4 | |||
6,148 | WorleyParsons Ltd. | 180,021 | 0.2 | |||
7,483,937 | 8.6 | |||||
Austria: 0.4% | ||||||
15,570 | Immofinanz Immobilien Anlagen AG | 54,817 | 0.1 | |||
6,488 | OMV AG | 219,467 | 0.2 | |||
1,484 | Raiffeisen International Bank Holding AG | 49,379 | 0.1 | |||
1,405 | Voestalpine AG | 45,770 | 0.0 | |||
369,433 | 0.4 | |||||
Belgium: 0.9% | ||||||
14,233 | @ | Anheuser-Busch InBev NV | 19 | 0.0 | ||
987 | Anheuser-Busch InBev NV | 71,138 | 0.1 | |||
5,643 | Groupe Bruxelles Lambert S.A. | 391,629 | 0.5 | |||
6,131 | Mobistar S.A. | 232,150 | 0.3 | |||
612 | UCB S.A. | 28,617 | 0.0 | |||
502 | Umicore | 27,261 | 0.0 | |||
750,814 | 0.9 | |||||
China: 0.2% | ||||||
60,000 | BOC Hong Kong Holdings Ltd. | 185,452 | 0.2 | |||
44,000 | @ | Foxconn International Holdings Ltd. | 20,806 | 0.0 | ||
206,258 | 0.2 | |||||
Denmark: 0.5% | ||||||
4 | AP Moller - Maersk A/S - Class A | 29,835 | 0.0 | |||
674 | Coloplast A/S | 124,781 | 0.2 | |||
1,277 | Novo-Nordisk A/S | 188,259 | 0.2 | |||
1,434 | Novozymes A/S | 37,632 | 0.0 | |||
6,915 | TDC A/S | 49,568 | 0.1 | |||
430,075 | 0.5 | |||||
Finland: 1.6% | ||||||
1,534 | Kone OYJ | 94,930 | 0.1 | |||
12,682 | Metso OYJ | 544,725 | 0.6 | |||
7,515 | Nokian Renkaat OYJ | 356,748 | 0.4 | |||
19,045 | Orion Oyj | 388,493 | 0.5 | |||
1,384,896 | 1.6 | |||||
France: 7.4% | ||||||
68,278 | @ | Alcatel-Lucent | 104,999 | 0.1 | ||
2,065 | Arkema | 183,143 | 0.2 | |||
610 | Atos Origin | 39,309 | 0.1 | |||
19,098 | @ | AXA S.A. | 271,385 | 0.3 | ||
6,977 | BNP Paribas | 281,587 | 0.3 | |||
7,000 | Bouygues S.A. | 190,985 | 0.2 | |||
1,220 | @ | Casino Guichard Perrachon S.A. | 119,864 | 0.1 | ||
1,358 | @ | Cie Generale de Geophysique-Veritas | 38,944 | 0.1 | ||
1,235 | Christian Dior S.A. | 186,227 | 0.2 | |||
383 | Cie Generale des Etablissements Michelin | 28,623 | 0.0 | |||
6,234 | CNP Assurances | 87,528 | 0.1 | |||
10,427 | Credit Agricole S.A. | 53,675 | 0.1 | |||
909 | Edenred | 29,040 | 0.0 | |||
8,245 | Electricite de France SA | 174,678 | 0.2 | |||
475 | Fonciere Des Regions | 36,804 | 0.1 | |||
8,859 | France Telecom S.A. | 121,439 | 0.1 | |||
352 | Gecina S.A. | 32,653 | 0.0 | |||
4,795 | Groupe Danone | 337,563 | 0.4 |
|
|
ING INDEX PLUS INTERNATIONAL |
PORTFOLIO OF INVESTMENTS |
EQUITY FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Shares | Value | Percentage of Net Assets | ||||
355 | @ | ICADE | 29,950 | 0.0 | ||
211 | Iliad SA | 27,173 | 0.0 | |||
919 | @ | JC Decaux SA | 26,090 | 0.0 | ||
11,223 | Klepierre | 355,792 | 0.4 | |||
1,415 | L'Oreal S.A. | 170,333 | 0.2 | |||
221 | LVMH Moet Hennessy Louis Vuitton S.A. | 36,663 | 0.1 | |||
15,192 | Natixis | 46,311 | 0.1 | |||
2,385 | Publicis Groupe | 123,154 | 0.1 | |||
4,277 | Renault S.A. | 194,563 | 0.2 | |||
6,022 | Sanofi-Aventis | 459,970 | 0.5 | |||
832 | @ | Schneider Electric S.A. | 51,248 | 0.1 | ||
11,972 | Scor S.A. | 316,511 | 0.4 | |||
3,186 | Societe BIC S.A. | 350,948 | 0.4 | |||
18,067 | Societe Generale | 427,722 | 0.5 | |||
2,357 | Sodexho Alliance S.A. | 187,776 | 0.2 | |||
4,708 | Thales S.A. | 163,218 | 0.2 | |||
19,485 | Total S.A. | 935,348 | 1.1 | |||
585 | Unibail | 109,464 | 0.1 | |||
6,874 | Vivendi | 127,145 | 0.2 | |||
6,457,825 | 7.4 | |||||
Germany: 7.1% | ||||||
2,755 | Adidas AG | 229,794 | 0.3 | |||
2,259 | Allianz AG | 251,971 | 0.3 | |||
555 | Axel Springer AG | 25,322 | 0.0 | |||
11,057 | BASF AG | 910,355 | 1.1 | |||
4,665 | Bayer AG | 328,713 | 0.4 | |||
4,449 | Bayerische Motoren Werke AG | 423,153 | 0.5 | |||
1,612 | Celesio AG | 27,799 | 0.0 | |||
720 | DaimlerChrysler AG | 39,839 | 0.1 | |||
4,840 | Deutsche Bank AG | 210,119 | 0.2 | |||
1,425 | Deutsche Boerse AG | 89,474 | 0.1 | |||
30,915 | Deutsche Post AG | 577,303 | 0.7 | |||
19,059 | Deutsche Telekom AG | 214,885 | 0.3 | |||
1,263 | E.ON AG | 28,597 | 0.0 | |||
2,556 | Fresenius AG | 255,184 | 0.3 | |||
2,647 | GEA Group AG | 87,424 | 0.1 | |||
1,065 | Hannover Rueckversicheru - Reg | 64,451 | 0.1 | |||
1,443 | Henkel KGaA - Vorzug | 107,381 | 0.1 | |||
9,512 | Infineon Technologies AG | 94,792 | 0.1 | |||
933 | @ | Kabel Deutschland Holding AG | 58,819 | 0.1 | ||
3,556 | Lanxess | 283,115 | 0.3 | |||
159 | Linde AG | 27,215 | 0.0 | |||
6,306 | Metro AG | 203,588 | 0.2 | |||
860 | Muenchener Rueckversicherungs AG | 124,915 | 0.1 | |||
6,621 | RWE AG | 284,616 | 0.3 | |||
1,154 | Salzgitter AG | 60,485 | 0.1 | |||
5,389 | SAP AG | 357,363 | 0.4 | |||
3,401 | Siemens AG | 315,681 | 0.4 | |||
5,447 | Suedzucker AG | 165,872 | 0.2 | |||
742 | Volkswagen AG | 126,752 | 0.1 | |||
2,150 | Wacker Chemie AG | 173,362 | 0.2 | |||
6,148,339 | 7.1 | |||||
Greece: 0.1% | ||||||
3,209 | @ | Coca-Cola Hellenic Bottling Co. S.A. | 63,716 | 0.1 | ||
8,863 | Hellenic Telecommunications Organization S.A. | 28,934 | 0.0 | |||
92,650 | 0.1 | |||||
Hong Kong: 2.4% | ||||||
24,430 | AIA Group Ltd. | 86,455 | 0.1 | |||
58,000 | Cathay Pacific Airways Ltd. | 98,126 | 0.1 | |||
14,000 | Cheung Kong Holdings Ltd. | 185,151 | 0.2 | |||
28,000 | Cheung Kong Infrastructure Holdings Ltd. | 165,937 | 0.2 | |||
15,500 | CLP Holdings Ltd. | 132,691 | 0.2 | |||
154,000 | First Pacific Co. | 166,821 | 0.2 | |||
6,000 | Henderson Land Development Co., Ltd. | 34,045 | 0.0 | |||
12,173 | @ | HKT Trust / HKT Ltd. | 9,461 | 0.0 | ||
2,600 | Hong Kong Exchanges and Clearing Ltd. | 41,348 | 0.0 | |||
11,000 | HongKong Electric Holdings | 82,125 | 0.1 | |||
22,000 | Link Real Estate Investment Trust | 91,529 | 0.1 | |||
75,000 | NWS Holdings Ltd. | 112,683 | 0.1 | |||
235,000 | PCCW Ltd. | 87,261 | 0.1 | |||
50,000 | Sino Land Co. | 85,767 | 0.1 | |||
17,000 | Sun Hung Kai Properties Ltd. | 203,624 | 0.2 | |||
26,500 | Swire Pacific Ltd. | 312,383 | 0.4 | |||
12,000 | Wharf Holdings Ltd. | 71,164 | 0.1 | |||
40,000 | Wheelock & Co., Ltd. | 134,768 | 0.2 | |||
2,101,339 | 2.4 | |||||
India: 0.0% | ||||||
1,440 | Vedanta Resources PLC | 28,541 | 0.0 | |||
Israel: 0.6% | ||||||
3,743 | Israel Chemicals Ltd. | 42,815 | 0.1 | |||
5,463 | @ | Mizrahi Tefahot Bank Ltd. | 49,226 | 0.1 | ||
1,052 | @ | NICE Systems Ltd. | 40,331 | 0.0 | ||
7,620 | Teva Phaemaceutical Industries Ltd. | 348,441 | 0.4 | |||
480,813 | 0.6 | |||||
Italy: 2.7% | ||||||
2,733 | Assicurazioni Generali S.p.A. | 37,287 | 0.1 | |||
1,775 | Altantia S.p.A. | 26,913 | 0.0 | |||
33,403 | Banca Carige S.p.A | 34,919 | 0.0 | |||
33,605 | Banco Popolare Scarl | 49,973 | 0.1 | |||
139,692 | Enel S.p.A. | 458,105 | 0.5 | |||
42,795 | ENI S.p.A. | 950,895 | 1.1 | |||
4,124 | Exor S.p.A. | 96,018 | 0.1 | |||
60,323 | @ | Fiat S.p.A | 291,372 | 0.3 | ||
90,253 | Intesa Sanpaolo S.p.A. | 136,810 | 0.2 | |||
9,197 | Pirelli & C S.p.A. | 112,062 | 0.1 | |||
109,525 | @ | Telecom Italia S.p.A. | 124,254 | 0.2 | ||
7,214 | Terna S.p.A | 26,798 | 0.0 | |||
7,589 | UniCredit SpA | 30,270 | 0.0 | |||
2,375,676 | 2.7 | |||||
Japan: 22.6% | ||||||
11,000 | Aeon Co., Ltd. | 143,605 | 0.2 | |||
1,200 | Aeon Mall Co., Ltd. | 26,611 | 0.0 |
|
|
ING INDEX PLUS INTERNATIONAL |
PORTFOLIO OF INVESTMENTS |
EQUITY FUND |
AS OF APRIL 30, 2012 (UNAUDITED) (CONTINUED) |
Shares | Value | Percentage of Net Assets | ||||
4,200 | Aisin Seiki Co., Ltd. | 147,893 | 0.2 | |||
29,000 | Aozora Bank Ltd. | 74,379 | 0.1 | |||
600 | Benesse Holdings, Inc. | 29,791 | 0.0 | |||
1,200 | Bridgestone Corp. | 28,394 | 0.0 | |||
8,600 | Canon, Inc. | 389,820 | 0.5 | |||
28 | Central Japan Railway Co. | 232,460 | 0.3 | |||
12,000 | Chiyoda Corp. | 144,503 | 0.2 | |||
10,200 | Chubu Electric Power Co., Inc. | 167,045 | 0.2 | |||
141,000 | Chuo Mitsui Trust Holdings, Inc. | 413,065 | 0.5 | |||
20,000 | Daihatsu Motor Co., Ltd. | 377,538 | 0.4 | |||
7,400 | Daiichi Sankyo Co., Ltd. | 127,083 | 0.2 | |||
46,400 | Dainippon Sumitomo Pharma Co., Ltd. | 464,689 | 0.5 | |||
800 | Daito Trust Construction Co., Ltd. | 71,943 | 0.1 | |||
7,000 | Daiwa House Industry Co., Ltd. | 90,330 | 0.1 | |||
36,000 | Denki Kagaku Kogyo K K | 139,336 | 0.2 | |||
1,200 | East Japan Railway Co. | 74,661 | 0.1 | |||
3,400 | Eisai Co., Ltd. | 132,883 | 0.2 | |||
135,000 | Fuji Electric Holdings Co., Ltd. | 361,580 | 0.4 | |||
14,000 | Fuji Heavy Industries Ltd. | 105,595 | 0.1 | |||
8,400 | Fuji Photo Film Co., Ltd. | 178,167 | 0.2 | |||
91,000 | Fukuoka Financial Group, Inc. | 378,604 | 0.4 | |||
1,900 | Gree, Inc. | 51,389 | 0.1 | |||
9,000 | Gunma Bank Ltd. | 45,664 | 0.1 | |||
620 | Hakuhodo DY Holdings, Inc. | 38,716 | 0.0 | |||
3,700 | Hirose Electric Co., Ltd. | 387,433 | 0.4 | |||
4,800 | Hitachi High-Technologies Corp. | 120,623 | 0.1 | |||
5,100 | Honda Motor Co., Ltd. | 183,545 | 0.2 | |||
6,500 | Ibiden Co., Ltd. | 132,704 | 0.2 | |||
2,500 | Idemitsu Kosan Co., Ltd. | 230,191 | 0.3 | |||
7 | Inpex Holdings, Inc. | 46,218 | 0.1 | |||
5,000 | Isuzu Motors Ltd. | 28,547 | 0.0 | |||
25,860 | Itochu Corp. | 292,586 | 0.3 | |||
9,000 | Iyo Bank Ltd. | 74,688 | 0.1 | |||
99 | Japan Tobacco, Inc. | 548,429 | 0.6 | |||
1,400 | JFE Holdings, Inc. | 26,182 | 0.0 | |||
9,700 | JX Holdings, Inc. | 54,717 | 0.1 | |||
33,000 | Kaneka Corp. | 203,937 | 0.2 | |||
11,200 | Kansai Electric Power Co., Inc. | 162,406 | 0.2 | |||
5,400 | Kao Corp. | 144,695 | 0.2 | |||
11,000 | Kawasaki Heavy Industries Ltd. | 33,019 | 0.0 | |||
173,000 | Kawasaki Kisen Kaisha Ltd. | 364,399 | 0.4 | |||
40 | KDDI Corp. | 261,852 | 0.3 | |||
1,700 | Keyence Corp. | 401,242 | 0.5 | |||
91,000 | Kobe Steel Ltd. | 129,784 | 0.2 | |||
2,000 | Koito Manufacturing Co., Ltd. | 30,948 | 0.0 | |||
1,600 | Konami Corp. | 46,273 | 0.1 | |||
21,000 | Konica Minolta Holdings, Inc. | 170,376 | 0.2 | |||
2,500 | Kyocera Corp. | 243,725 | 0.3 | |||
700 | Makita Corp. | 26,795 | 0.0 | |||
33,000 | Marubeni Corp. | 229,142 | 0.3 | |||
2,400 | Maruichi Steel Tube Ltd. | 52,816 | 0.1 | |||
5,014 | Miraca Holdings, Inc. | 197,470 | 0.2 | |||
15,500 | Mitsubishi Chemical Holdings Corp. | 81,686 | 0.1 | |||
13,900 | Mitsubishi Corp. | 301,240 | 0.4 | |||
3,000 | Mitsubishi Estate Co., Ltd. | 53,035 | 0.1 | |||
64,097 | Mitsubishi UFJ Financial Group, Inc. | 307,763 | 0.4 | |||
2,870 | Mitsubishi UFJ Lease & Finance Co., Ltd. | 119,243 | 0.1 | |||
17,792 | Mitsui & Co., Ltd. | 277,833 | 0.3 | |||
5,452 | Mitsui Fudosan Co., Ltd. | 99,863 | 0.1 | |||
7,000 | Mitsui OSK Lines Ltd. | 27,131 | 0.0 | |||
3,500 | Mitsui Sumitomo Insurance Group Holdings, Inc. | 64,526 | 0.1 | |||
87,284 | Mizuho Financial Group, Inc. | 137,604 | 0.2 | |||
4,000 | Namco Bandai Holdings, Inc. | 57,195 | 0.1 | |||
2,000 | NGK Insulators Ltd. | 24,945 | 0.0 | |||
7,000 | Nippon Express Co., Ltd. | 26,425 | 0.0 | |||
1,800 | Nippon Telegraph & Telephone Corp. | 81,442 | 0.1 | |||
84,000 | Nippon Yusen KK | 248,307 | 0.3 | |||
13,966 | Nishi-Nippon City Bank Ltd. | 36,939 | 0.0 | |||
21,600 | Nissan Motor Co., Ltd. | 224,576 | 0.3 | |||
400 | Nitori Co., Ltd. | 36,808 | 0.0 | |||
3,800 | NKSJ Holdings, Inc. | 78,218 | 0.1 | |||
1,600 | NOK Corp. | 32,913 | 0.0 | |||
7,100 | Nomura Holdings, Inc. | 29,104 | 0.0 | |||
19,300 | Nomura Real Estate Holdings, Inc. | 337,387 | 0.4 | |||
97 | NTT DoCoMo, Inc. | 165,628 | 0.2 | |||
65 | NTT Urban Development Corp. | 49,862 | 0.1 | |||
6,000 | Obayashi Corp. | 25,397 | 0.0 | |||
700 | Oracle Corp. Japan | 27,037 | 0.0 | |||
900 | Oriental Land Co., Ltd. | 99,784 | 0.1 | |||
2,410 | ORIX Corp. | 230,422 | 0.3 | |||
7,000 | Osaka Gas Co., Ltd. | 28,309 | 0.0 | |||
300 | Otsuka Corp. | 24,128 | 0.0 | |||
600 | Rinnai Corp. | 43,712 | 0.1 | |||
7,500 | Sankyo Co., Ltd. | 361,615 | 0.4 | |||
800 | Secom Co., Ltd. | 37,853 | 0.0 | |||
10,700 | Seiko Epson Corp. | 142,743 | 0.2 | |||
22,000 | Sekisui House Ltd. | 203,948 | 0.2 | |||
10,100 | Seven & I Holdings Co., Ltd. | 305,729 | 0.4 | |||
12,400 | Seven Bank Ltd. | 30,637 | 0.0 | |||
900 | Shikoku Electric Power Co., Inc. | 23,247 | 0.0 | |||
4,100 | Shiseido Co., Ltd. | 71,779 | 0.1 | |||
10,600 | Softbank Corp. | 316,373 | 0.4 | |||
87,600 | Sojitz Corp. | 147,530 | 0.2 | |||
6,000 | Sony Corp. | 97,043 | 0.1 | |||
11,400 | Sony Financial Holdings, Inc. | 186,313 | 0.2 | |||
24,000 | Stanley Electric Co., Ltd. | 367,671 | 0.4 | |||
48,800 | Sumitomo Corp. | 693,506 | 0.8 | |||
5,000 | Sumitomo Heavy Industries | 25,788 | 0.0 | |||
16,000 | Sumitomo Metal Mining Co., Ltd. | 209,877 | 0.2 |
|
|
ING I |