QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY

Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 100 F Street, NE, Washington, DC 20549. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

Shares			Value
COMMON STOCKS — 96.9%
Banks — 8.9%
	336,775	BNP Paribas SA - ADR	$	13,090,444
	1,030,965	China Construction Bank Corp.- ADR		14,103,601
	247,990	Citigroup, Inc.		11,762,166
	160,000	DBS Group Holdings Ltd. - ADR		8,182,399
	1,130,460	KeyCorp.		14,424,670
	220,250	Morgan Stanley		6,499,578
	531,650	Skandinaviska Enskilda Banken AB - ADR(b)		6,938,033
				75,000,891
Consumer Discretionary — 14.2%
	708,910	Bridgestone Corp. - ADR		12,802,915
	240,190	Daihatsu Motor Co. Ltd. - ADR		7,443,488
	322,810	Dollar General Corp.(b)		18,180,659
	221,960	L Brands, Inc.		11,621,826
	373,070	Macy’s, Inc.		19,847,324
	552,330	Nikon Corp. Plc - ADR		9,466,936
	266,710	Swatch Group AG (The) - ADR		7,971,962
	236,085	Target Corp.		13,371,854
	73,475	Viacom, Inc. - Class B		6,032,298
	267,725	Volkswagen AG - ADR		13,600,430
				120,339,692
Consumer Staples — 9.4%
	151,040	CVS Caremark Corp.		10,228,429
	229,605	Imperial Tobacco Group Plc - ADR		16,871,375
	805,230	J Sainsbury Plc - ADR		18,375,349
	187,560	Lorillard, Inc.		9,231,703
	529,940	Svenska Cellulosa AB SCA - ADR		15,124,488
	177,225	Walgreen Co.		10,163,854
				79,995,198
Energy — 7.7%
	211,970	China Petroleum & Chemical Corp. - ADR		16,709,595
	180,340	ConocoPhillips		11,713,083
	224,005	ENI SpA - ADR		10,169,827
	235,415	Marathon Oil Corp.		7,719,258
	213,955	Total SA - ADR		12,231,807
	130,800	Valero Energy Corp.		6,683,879
				65,227,449
Health Care — 14.5%
	286,355	Aetna, Inc.		19,566,637
	535,100	Mylan, Inc.(b)		24,298,891
	712,395	Pfizer, Inc.		21,656,808
	354,310	Sanofi - ADR		17,325,759
	193,435	Thermo Fisher Scientific, Inc.		22,272,106
	183,625	Zimmer Holdings, Inc.		17,255,241
				122,375,442

Shares			Value
Industrials — 9.6%
	49,900	Cummins, Inc.	$	6,336,301
	100,975	Illinois Tool Works, Inc.		7,963,898
	833,030	Itochu Corp. - ADR		20,300,941
	208,915	Nielsen Holdings NV		8,835,015
	104,970	Union Pacific Corp.		18,289,973
	1,106,370	Weir Group Plc (The) - ADR		19,195,520
				80,921,648
Information Technology — 11.0%
	45,620	Apple, Inc.		22,837,372
	340,695	Avago Technologies Ltd.		18,615,575
	170,350	Hitachi Ltd. - ADR		13,057,328
	95,310	International Business Machines Corp.		16,839,371
	287,565	Qualcomm, Inc.		21,343,074
				92,692,720
Insurance — 7.7%
	125,690	ACE Ltd.		11,790,979
	397,165	Allianz SE - ADR		6,616,769
	241,040	American International Group, Inc.		11,560,278
	882,660	Muenchener Rueckversi-cherungs AG - ADR		18,271,062
	2,102,585	RSA Insurance Group Plc - ADR		16,932,117
				65,171,205
Materials — 1.6%
	1,052,990	Sumitomo Metal Mining Co. Ltd. - ADR		13,773,109
Real Estate — 1.2%
	725,935	Wharf Holdings Ltd. - ADR		9,939,502
Telecommunication Services — 7.2%
	240,560	CenturyLink, Inc.		6,942,562
	359,025	China Telecom Corp. Ltd. - ADR		16,393,082
	928,189	KDDI Corp. - ADR		12,809,008
	2,684,935	Tele2 AB - ADR		14,874,540
	383,660	Tim Participacoes SA - ADR		9,986,670
				61,005,862
Utilities — 3.9%
	523,075	American Water Works Co., Inc.		22,267,303
	529,505	Tokyo Gas Co. Ltd. - ADR		10,515,969
				32,783,272
Total Common Stocks (Cost $748,389,822)				819,225,990

(a)		Cost for federal income tax purposes is $775,707,874 and net unrealized appreciation of investments is as follows:

Unrealized appreciation	$	99,498,024
Unrealized depreciation		(28,695,408	)
Net unrealized appreciation	$	70,802,616


(b)		Non-income producing security.

(c)

Rate shown represents current yield at January 31, 2014.

ADR-American Depositary Receipt

Portfolio diversification by Sector (Unaudited)

Sector	Percentage of Net Assets
Banks		8.9	%
Consumer Discretionary		14.2	%
Consumer Staples		9.4	%
Energy		7.7	%
Health Care.		14.5	%
Industrials		9.6	%
Information Technology		11.0	%
Insurance		7.7	%
Materials		1.6	%
Real Estate		1.2	%
Telecommunication Services		7.2	%
Utilities		3.9	%
Other*		3.1	%
	100		%

Includes cash and equivalents, investment companies, pending trades and Fund share transactions, interest and dividends receivable, prepaids and accrued expenses payable.

Shares			Value
COMMON STOCKS — 89.0%
ARGENTINA — 0.5%
	534,525	MercadoLibre, Inc.	$	51,576,317
BELGIUM — 0.4%
	515,000	UCB SA(e)		36,458,763
BRAZIL — 1.4%
	1,063,000	Cielo SA		28,296,745
	7,954,652	Itau Unibanco Holding SA - ADR		97,364,940
	2,969,925	Raia Drogasil SA(e)		17,881,699
				143,543,384
CANADA — 0.3%
	1,732,300	Barrick Gold Corp.		33,378,369
CHINA — 1.3%
	30,790,000	Anton Oilfield Services Group		19,670,574
	727,000	Baidu, Inc. - ADR(b)		113,775,500
				133,446,074
DENMARK — 0.9%
	2,430,000	Novo Nordisk A/S - Class B		96,191,526
FINLAND — 2.0%
	1,122,000	Kone Oyj - Class B		45,700,182
	3,470,000	Sampo Oyj - A Shares(e)		161,226,650
				206,926,832
FRANCE — 1.1%
	456,499	Renault SA		39,871,704
	2,569,368	Vivendi SA		69,098,655
				108,970,359
GERMANY — 3.0%
	1,266,000	Bayerische Motoren Werke AG		137,997,330
	1,861,000	Deutsche Boerse AG(e)		143,292,859
	210,856	Siemens AG		26,720,655
				308,010,844
INDIA — 1.7%
	3,100,000	Asian Paints Ltd.(e)		23,338,441
	4,424,000	Housing Development Finance Corp.(e)		57,083,757
	10,862,000	ITC Ltd.(e)		56,360,006
	835,481	Jubilant Foodworks Ltd.(b)(e)		14,291,386
	6,451,000	Titan Co. Ltd.(e)		22,810,934
				173,884,524
ITALY — 1.3%
	1,806,900	ENI SpA		41,063,140
	5,437,391	Fiat SpA(b)		54,230,908
	4,617,000	Prada SpA(e)		33,867,198
				129,161,246
JAPAN — 4.8%
	655,000	East Japan Railway Co.		48,927,865
	4,135,000	Hitachi Ltd.		32,053,636
	731,700	Japan Airlines Co. Ltd.		36,953,822

Shares			Value
JAPAN (continued)
	3,174,000	KDDI Corp.	$	177,230,792
	10,791,700	Mitsubishi UFJ Financial Group, Inc.		65,804,337
	313,300	Nintendo Co. Ltd.		37,257,463
	1,062,400	Nippon Telegraph & Telephone Corp.		57,825,256
	451,000	Ono Pharmaceutical Co. Ltd.		39,418,910
				495,472,081
NETHERLANDS — 3.3%
	962,000	ASML Holding NV		81,414,060
	2,878,072	ING Groep NV(b)		38,195,736
	381,000	Koninklijke Vopak NV		20,955,128
	9,467,518	Reed Elsevier NV(e)		195,236,834
				335,801,758
RUSSIA — 0.4%
	745,673	Lukoil OAO - ADR		42,391,510
SINGAPORE — 1.0%
	1,773,000	Jardine Cycle & Carriage Ltd.(e)		48,603,877
	14,326,000	Sembcorp Industries Ltd.(e)		58,908,557
				107,512,434
SOUTH AFRICA — 0.9%
	957,000	Naspers Ltd. - Class N		97,811,834
SOUTH KOREA — 1.3%
	25,742	Samsung Electronics Co. Ltd.		30,784,099
	119,640	Samsung Electronics Co. Ltd. Preference Shares(e)		106,746,578
				137,530,677
SWITZERLAND — 3.4%
	2,663,000	Nestle SA		193,266,862
	421,800	Roche Holding AG		115,981,625
	20,400	SGS SA		46,193,349
				355,441,836
TAIWAN — 0.2%
	834,000	Ginko International Co. Ltd.(e)		15,442,660
THAILAND — 0.8%
	3,702,000	Airports of Thailand Public Co. Ltd.(e)		19,233,353
	54,126,000	CP ALL Public Co. Ltd.(e)		64,357,634
				83,590,987
UNITED KINGDOM — 7.7%
	5,781,000	ARM Holdings Plc		88,856,604
	4,148,718	BP Plc		32,599,951
	8,466,950	British Sky Broadcasting Group Plc(e)		121,928,781
	3,611,000	Petrofac Ltd.(e)		68,562,178
	1,174,665	Rio Tinto Plc		62,632,978
	5,368,828	Rolls-Royce Holdings Plc		104,762,376
	12,200,000	Royal Mail Plc(b)		119,932,295
	9,969,174	Tesco Plc		52,499,968

Shares			Value
UNITED KINGDOM (continued)
	2,614,966	Wolseley Plc(e)	$	141,084,647
				792,859,778
UNITED STATES — 51.3%
	517,300	Allergan, Inc.		59,282,580
	1,290,462	Altria Group, Inc.		45,450,072
	250,000	Amazon.com, Inc.(b)		89,672,500
	655,419	Apache Corp.		52,603,929
	420,495	Apple, Inc.		210,499,797
	2,308,473	Applied Materials, Inc.		38,828,516
	113,520	AutoZone, Inc.(b)		56,199,211
	1,442,257	Bank of New York Mellon Corp. (The)		46,094,534
	1,365,000	Becton Dickinson & Co.		147,583,800
	711,777	Bed Bath & Beyond, Inc.(b)		45,446,961
	270,000	Biogen Idec, Inc.(b)		84,412,800
	938,000	BioMarin Pharmaceutical, Inc.(b)		64,609,440
	1,615,600	Broadcom Corp. - Class A		48,080,256
	981,000	Cerner Corp.(b)		55,809,090
	3,535,000	Charles Schwab Corp. (The)		87,738,700
	1,533,000	Chesapeake Energy Corp.		41,253,030
	1,479,700	Cisco Systems, Inc.		32,420,227
	1,080,400	Citigroup, Inc.		51,243,372
	876,130	Coach, Inc.		41,957,866
	4,973,200	Coca-Cola Co. (The)		188,086,424
	2,541,000	Colgate-Palmolive Co.		155,585,430
	2,517,200	Covidien Plc		171,773,728
	829,850	DIRECTV(b)		57,616,486
	892,000	Dr Pepper Snapple Group, Inc.		42,708,960
	2,207,793	EMC Corp.		53,516,902
	1,952,000	Facebook, Inc. - Class A(b)		122,136,640
	665,000	FMC Technologies, Inc.(b)		32,877,600
	2,881,500	Franklin Resources, Inc.		149,866,815
	1,680,100	General Electric Co.		42,220,913
	1,058,800	General Motors Co.(b)		38,201,504
	960,800	Gilead Sciences, Inc.(b)		77,488,520
	79,000	Google, Inc. - Class A(b)		93,296,630
	4,177,000	Hewlett-Packard Co.		121,133,000
	310,500	International Business Machines Corp.		54,859,140
	112,000	Intuitive Surgical, Inc.(b)		45,648,960
	835,698	JPMorgan Chase & Co.		46,264,241
	251,549	Kansas City Southern		26,561,059
	471,100	Kellogg Co.		27,314,378
	865,667	Kohl’s Corp.		43,828,720
	1,980,000	Kraft Foods Group, Inc.		103,653,000
	967,000	Las Vegas Sands Corp.		73,994,840
	945,000	Lockheed Martin Corp.		142,609,950
	1,401,500	Mastercard, Inc. - Class A		106,065,520
	1,177,600	Merck & Co., Inc.		62,377,472
	1,364,900	Microsoft Corp.		51,661,465
	994,200	Molson Coors Brewing Co. - Class B		52,334,688
	753,000	Monsanto Co.		80,232,150
	530,000	National Oilwell Varco, Inc.		39,755,300

Shares			Value
UNITED STATES (continued)
	740,000	NIKE, Inc. - Class B	$	53,909,000
	2,217,763	Occidental Petroleum Corp.		194,209,506
	1,687,520	Oracle Corp.		62,269,488
	690,383	PNC Financial Services Group, Inc. (The)		55,147,794
	44,600	Priceline.com, Inc.(b)		51,062,094
	490,700	Raytheon Co.		46,650,849
	166,000	Regeneron Pharmaceuticals, Inc.(b)		47,905,940
	2,324,300	Schlumberger Ltd.		203,538,951
	1,928,000	Symantec Corp.		41,278,480
	506,385	T Rowe Price Group, Inc.		39,720,839
	2,616,700	Texas Instruments, Inc.		110,948,080
	922,900	Union Pacific Corp.		160,806,096
	3,720,000	US Bancorp.		147,795,600
	509,000	Visa, Inc. - Class A		109,653,870
	651,055	Wal-Mart Stores, Inc.		48,620,787
	3,681,000	Wells Fargo & Co.		166,896,540
	580,000	Workday, Inc. - Class A(b)		51,933,200
	460,000	WW Grainger, Inc.		107,860,800
				5,303,065,030
Total Common Stocks (Cost $7,938,369,313)				9,188,468,823
EXCHANGE TRADED FUNDS — 6.7%
	539,000	iShares Core S&P 500 Index Fund		96,534,900
	23,400,000	iShares MSCI Japan Index Fund		265,122,000
	4,435,000	Vanguard FTSE Europe Index		248,847,850
	1,750,000	WisdomTree Japan Hedged Equity Fund		81,567,500
Total Exchange Traded Funds (Cost $706,425,649)				692,072,250

Principal
Amount				Value
U.S. GOVERNMENT AGENCIES — 2.8%

Federal Farm Credit Bank — 0.3%
$	30,000,000	0.01%, 02/03/14(c)		30,000,000
Federal Home Loan Bank — 2.5%
	28,500,000	0.01%, 02/07/14(c)		28,499,938
	30,500,000	0.02%, 02/18/14(c)		30,499,746
	28,000,000	0.03%, 02/20/14(c)		27,999,273
	25,000,000	0.03%, 02/24/14(c)		24,999,563
	17,000,000	0.07%, 03/17/14(c)		16,999,607
	12,000,000	0.10%, 03/28/14(c)		11,998,233
	8,000,000	0.10%, 03/28/14(c)		7,998,822
	50,000,000	0.05%, 04/14/14(c)		49,996,100
	25,000,000	0.06%, 04/23/14(c)		24,997,800
	3,000,000	0.09%, 04/23/14(c)		2,999,736

Principal Amount			Value
Federal Home Loan Bank (continued)
$	9,000,000	0.09%, 04/26/14(c)	$	8,999,154
	20,000,000	0.11%, 05/09/14(c)		19,994,458

Total U.S. Government Agencies (Cost $285,978,114)				285,982,430
U.S. GOVERNMENT SECURITIES — 0.5%
U.S. Treasury Bills — 0.5%
	50,000,000	0.04%, 02/13/14(c)		49,999,507
Total U.S. Government Securities (Cost $49,999,507)				49,999,507

Shares
INVESTMENT COMPANY — 2.3%
	242,496,000	Federated Government
		Obligations Fund 0.02%(d)		242,496,000
Total Investment Company (Cost $242,496,000)				242,496,000
TOTAL INVESTMENTS — 101.3% (Cost $9,223,268,583)(a)				10,459,019,010
LIABILITIES IN EXCESS OF OTHER ASSETS — (1.3)%				(129,401,214	)
NET ASSETS — 100.0%			$	10,329,617,796

(a)		Cost for federal income tax purposes is $9,232,863,546 and net unrealized appreciation of investments is as follows:

Unrealized appreciation	$	1,466,238,388
Unrealized depreciation		(240,082,924	)
Net unrealized appreciation	$	1,226,155,464

(b)		Non-income producing security.
(c)		The rate represents the annualized yield at time of purchase.
(d)		Rate shown represents current yield at January 31, 2014.
(e)		This security is considered either fully or partially illiquid. These securities, or portions thereof have a value of $830,676,492 or 8.04% of net assets.

ADR-American Depositary Receipt

Portfolio diversification by Sector (Unaudited)

Sector	Percentage of Net Assets
Banks	6.2	%
Consumer Discretionary	14.3	%
Consumer Staples	11.2	%
Diversified Financials	5.3	%
Energy	7.6	%
Health Care.	10.9	%
Industrials	8.8	%
Information Technology	18.3	%
Insurance	1.6	%
Materials	1.9	%
Telecommunication Services	2.9	%
Other*	11.0	%
	100	%

Includes cash and equivalents, exchange traded funds, U.S. government agencies and securities, pending trades and Fund share transactions, interest and dividends receivable, prepaids and accrued expenses payable.

Shares			Value
COMMON STOCKS — 87.7%
ARGENTINA — 0.0%
	83,000	Arcos Dorados Holdings, Inc. - Class A	$	735,379
AUSTRALIA — 2.0%
	134,164	ABM Resources NL(b)		3,288
	18,138	Acrux Ltd.		36,826
	154,673	Adelaide Brighton Ltd.		511,669
	69,555	AED Oil Ltd.(b)(c)(d)		0
	34,185	Ainsworth Game Technology Ltd.		126,250
	25,514	AJ Lucas Group Ltd.(b)		26,348
	119,863	Alcyone Resources Ltd.(b)		105
	54,720	Alkane Resources Ltd.(b)		20,592
	179,316	ALS Ltd.		1,247,582
	627,971	Alumina Ltd.(b)		700,701
	38,166	Amalgamated Holdings Ltd.		270,548
	102,022	Amcom Telecommunications Ltd.		177,230
	80,617	Ansell Ltd.		1,352,483
	68,098	Antares Energy Ltd.(b)(c)		30,692
	60,213	APA Group		315,646
	36,380	APN News & Media Ltd.(b)		14,964
	36,729	Aquila Resources Ltd.(b)		78,109
	19,603	ARB Corp. Ltd.		189,226
	77,923	Aristocrat Leisure Ltd.		310,284
	973,379	Arrium Ltd.		1,324,632
	74,907	ASG Group Ltd.(b)		30,811
	204,500	Atlas Iron Ltd.		180,758
	100,506	Aurora Oil and Gas Ltd.(b)		240,125
	154,089	Ausdrill Ltd.		121,366
	11,583	Ausenco Ltd.		7,096
	28,194	Austal Ltd.(b)		20,973
	17,417	Austbrokers Holdings Ltd.		172,088
	17,602	Austin Engineering Ltd.		54,686
	215,773	Australian Agricultural Co. Ltd.(b)		223,768
	859	Australian Education Trust REIT		1,135
	256,656	Australian Infrastructure Fund Ltd.		1,572
	141,784	Australian Pharmaceutical Industries Ltd.		73,829
	79,373	Automotive Holdings Group Ltd.		260,488
	45,405	Aveo Group.		84,638
	377,764	AWE Ltd.(b)		428,128
	113,829	Bank of Queensland Ltd.		1,135,640
	26,300	BC Iron Ltd.		118,765
	792,736	Beach Energy Ltd.		988,613
	4,598	Bell Financial Group Ltd.		2,616
	372,904	Bendigo and Adelaide Bank Ltd.		3,785,629
	54,421	Bentham IMF Ltd.		85,013
	216,785	Billabong International Ltd.(b)		113,832
	22,861	Bionomics Ltd.(b)		14,405
	2,485	Blackmores Ltd.		47,475
	12,890	Blackthorn Resources Ltd.(b)		2,707

Shares			Value
AUSTRALIA (continued)
	346,723	BlueScope Steel Ltd.(b)	$	1,638,549
	93,062	Boom Logistics Ltd.(b)		14,660
	481,246	Boral Ltd.		2,000,524
	37,280	Bradken Ltd.		163,128
	14,720	Breville Group Ltd.		104,861
	24,551	Brickworks Ltd.		304,669
	17,980	BT Investment Management Ltd.		96,300
	53,909	Cabcharge Australia Ltd.		180,694
	154,604	Caltex Australia Ltd.		2,614,032
	255,734	Cape Lambert Resources Ltd.(b)		25,738
	57,614	Cardno Ltd.		322,694
	490,458	Carnarvon Petroleum Ltd.(b)		25,753
	68,742	carsales.com Ltd.		542,640
	129,012	Cash Converters International Ltd.		98,227
	9,437	Cedar Woods Properties Ltd.		61,776
	178,666	Challenger Ltd.		938,158
	3,659,878	Charter Hall Retail REIT(d)		11,466,546
	84,396	Coal of Africa Ltd.(b)		8,125
	10,618	Cochlear Ltd.		531,801
	293,633	Cockatoo Coal Ltd.(b)		8,737
	119,759	Coffey International Ltd.(b)		24,630
	19,105,479	Commonwealth Property Office Fund REIT		20,565,820
	82,958	Cooper Energy Ltd.(b)		34,848
	19,597	Credit Corp. Group Ltd.		162,242
	136,841	Cromwell Property Group REIT		114,367
	88,635	Crowe Horwath Australasia Ltd.		19,780
	17,217	CSG Ltd.		14,013
	267,735	CSR Ltd. - Placement Shares		684,181
	4,990	Cudeco Ltd.(b)		6,376
	67,759	Dart Energy Ltd.(b)		8,005
	5,580	Data#3 Ltd.		4,371
	118,091	David Jones Ltd.		309,009
	59,446	Decmil Group Ltd.		101,447
	232,983	Deep Yellow Ltd.(b)		4,690
	7,518	Devine Ltd.(b)		5,428
	60,174	Discovery Metals Ltd.(b)		2,264
	10,561	Domino’s Pizza Enterprises Ltd.		150,190
	210,033	Downer EDI Ltd.		906,186
	58,868	Drillsearch Energy Ltd.(b)		74,444
	180,836	DUET Group		330,761
	145,014	DuluxGroup Ltd.		678,964
	16,365	DWS Ltd.		19,191
	22,196	Echo Entertainment Group Ltd.		45,843
	224,451	Elders Ltd.(b)		24,554
	209,333	Emeco Holdings Ltd.		47,631
	52,026	Energy Resources of Australia Ltd.(b)		57,369
	131,257	Energy World Corp. Ltd.(b)		41,927
	297,730	Envestra Ltd.		297,037
	26,509	Eservglobal Ltd.(b)		20,647
	104,372	Evolution Mining Ltd.		58,458
	1,261,615	Fairfax Media Ltd.		739,749

Shares			Value
AUSTRALIA (continued)
	3,195	Fantastic Holdings Ltd.	$	5,564
	1,065,862	FAR Ltd.(b)		36,379
	16,777	Finbar Group Ltd.		23,492
	1,776	Fleetwood Corp. Ltd.		4,476
	25,840	Flight Centre Travel Group Ltd.		1,073,482
	704,466	Focus Minerals Ltd.(b)		6,782
	13,085	Forge Group Ltd.		8,188
	3,000	G.U.D. Holdings Ltd.		16,462
	2,973	G8 Education Ltd.		8,456
	873,603	Goodman Fielder Ltd.		519,883
	95,093	GrainCorp Ltd. - Class A		632,478
	140,887	Grange Resources Ltd.		33,290
	81,204	Gujarat NRE Coking Coal Ltd.(b)(c)		5,685
	180,274	Gunns Ltd.(b)(c)(d)		0
	73,089	GWA Group Ltd.		191,892
	241,775	Harvey Norman Holdings Ltd.		634,769
	842,673	Hillgrove Resources Ltd.(b)		64,160
	88,475	Hills Ltd.		135,501
	267,872	Horizon Oil Ltd.(b)		78,534
	123,936	iiNET Ltd.		731,039
	78,141	Iluka Resources Ltd.		600,422
	146,767	Imdex Ltd.		84,773
	808,155	Incitec Pivot Ltd.		2,022,757
	65,287	Independence Group NL		188,549
	72,251	Infigen Energy(b)		14,859
	32,314	International Ferro Metals Ltd.(b)		5,711
	89,852	Intrepid Mines Ltd.(b)		22,018
	788,936	Invocare Ltd.(d)		7,249,600
	119,959	IOOF Holdings Ltd.		924,894
	40,185	Iress Ltd.		315,808
	12,036	Iron Ore Holdings Ltd.(b)		9,691
	35,560	JB Hi-Fi Ltd.		560,167
	7,671	Kagara Ltd.(b)(c)(d)		154
	312,325	Kangaroo Resources Ltd.(b)		3,280
	68,059	Kingsgate Consolidated Ltd.		67,007
	24,777	Kingsrose Mining Ltd.(b)		8,240
	73,973	Linc Energy Ltd.(b)		77,058
	51,812	Lonestar Resources Ltd.(b)		9,522
	2,322	Lycopodium Ltd.		9,002
	39,814	Lynas Corp. Ltd.(b)		9,930
	26,595	M2 Group Ltd.		144,070
	19,176	MACA Ltd.		42,794
	328,362	Macmahon Holdings Ltd.(b)		38,794
	38,335	Macquarie Atlas Roads Group		94,608
	1,285	Macquarie Telecom Group Ltd.		9,300
	1,388	Magellan Financial Group Ltd.		13,702
	12,375	Maverick Drilling & Exploration Ltd.(b)		4,549
	9,278	MaxiTRANS Industries Ltd.		10,312
	8,611	Mayne Pharma Group Ltd.(b)		5,539
	8,072	McMillan Shakespeare Ltd.		83,782
	15,035	McPherson’s Ltd.		17,632
	42,597	Medusa Mining Ltd.(b)		72,694
	27,057	Melbourne IT Ltd.		33,387

Shares			Value
AUSTRALIA (continued)
	123,460	Mermaid Marine Australia Ltd.	$	316,575
	7,630	Mesoblast Ltd.(b)		39,263
	265,208	Metcash Ltd.		700,933
	90,921	Metgasco Ltd.(b)		7,639
	54,693	Mincor Resources NL		27,761
	18,871	Mineral Deposits Ltd.(b)		36,828
	31,765	Mineral Resources Ltd.		313,575
	984,000	MMG Ltd.(b)		202,787
	814,973	Monadelphous Group Ltd.		11,397,326
	59,782	Mortgage Choice Ltd.		152,246
	476,391	Mount Gibson Iron Ltd.		437,760
	289,867	Myer Holdings Ltd.		641,804
	1,050	MyState Ltd.		4,236
	79,446	Navitas Ltd.		470,004
	66,974	Neon Energy Ltd.(b)		2,403
	128,661	New Hope Corp. Ltd.		394,092
	536,185	Nexus Energy Ltd.(b)		27,685
	122,821	NIB Holdings Ltd.		271,942
	8,474	Nick Scali Ltd.		21,506
	69,743	Noble Mineral Resources Ltd.(b)(c)(d)		0
	102,310	Northern Star Resources Ltd.		78,792
	164,658	NRW Holdings Ltd.		180,126
	105,154	Nufarm Ltd.		357,059
	14,318	Oakton Ltd.		19,798
	90,769	OceanaGold Corp.(b)		164,627
	6,370	Orocobre Ltd.(b)		12,543
	4,066	OrotonGroup Ltd.		14,945
	121,855	Otto Energy Ltd.(b)		9,811
	75,455	OZ Minerals Ltd.		232,442
	438,358	Pacific Brands Ltd.		235,932
	2,389,954	Pact Group Holdings Ltd.(b)(d)		7,257,750
	182,821	Paladin Energy Ltd.(b)		80,798
	295,631	PanAust Ltd.		423,010
	5,565	Patties Foods Ltd.		6,818
	24,629	Peet Ltd.(b)		29,745
	7,784	Perpetual Ltd.		320,445
	218,586	Perseus Mining Ltd.(b)		73,649
	48,159	Platinum Asset Mangement Ltd.		286,174
	67,411	Platinum Australia Ltd.(b)(d)		372
	114,913	PMP Ltd.(b)		44,249
	53,780	Premier Investments Ltd.		359,111
	6,047	Prima Biomed Ltd.(b)		265
	236,564	Primary Health Care Ltd.		1,026,865
	25,653	Prime Media Group Ltd.		22,450
	66,807	Programmed Maintenance Services Ltd.		180,076
	681,644	Qantas Airways Ltd.(b)		656,196
	92,285	Ramelius Resources Ltd.(b)		10,095
	26,001	RCR Tomlinson Ltd.		69,857
	17,371	REA Group Ltd.		617,971
	30,974	Reckon Ltd.		58,551
	95,161	Red Fork Energy Ltd.(b)		18,322
	8,531	Reece Australia Ltd.		250,033
	31,163	Regional Express Holdings Ltd.(b)		24,681

Shares			Value
AUSTRALIA (continued)
	80,483	Regis Resources Ltd.	$	190,174
	9,792	Reject Shop Ltd. (The)		95,978
	380,526	Resolute Mining Ltd.(b)		181,495
	11,029	Resource Generation Ltd.(b)		1,786
	28,345	Retail Food Group Ltd.		104,186
	101,020	Ridley Corp. Ltd.		71,168
	195,967	Roc Oil Co. Ltd.(b)		78,890
	3,400	Ruralco Holdings Ltd.		9,760
	73,019	SAI Global Ltd.		239,635
	9,571	Salmat Ltd.		17,590
	17,384	Sandfire Resources NL(b)		88,391
	21,212	Sedgman Ltd.		11,138
	39,931	Seek Ltd.		433,676
	199,708	Senex Energy Ltd.(b)		115,351
	16,377	Servcorp Ltd.		60,626
	90,368	Service Stream Ltd.		19,771
	56,330	Seven Group Holdings Ltd.		383,533
	301,112	Seven West Media Ltd.		577,105
	5,819,257	Shopping Centres Australasia Property Group, REIT(d)		7,562,702
	142,093	Sigma Pharmaceuticals Ltd.		73,990
	15,184	Silex Systems Ltd.(b)		27,507
	28,232	Silver Lake Resources Ltd.(b)		15,071
	9,054	Sirtex Medical Ltd.		111,723
	36,651	Skilled Group Ltd.		91,414
	14,279	Slater & Gordon Ltd.		54,984
	7,500	SMS Management & Technology Ltd.		26,517
	314,798	Southern Cross Media Group Ltd.		432,528
	564,987	SP AusNet		613,117
	403,253	Spark Infrastructure Group		578,768
	10,795	Specialty Fashion Group Ltd.		8,172
	334,245	St Barbara Ltd.(b)		92,142
	29,533	Starpharma Holdings Ltd.(b)		20,677
	150,289	STW Communications Group Ltd.		190,712
	22,473	Sundance Energy Australia Ltd.(b)		20,061
	63,254	Sunland Group Ltd.		87,187
	65,953	Super Retail Group Ltd.		618,169
	67,322	Swick Mining Services Ltd.		16,497
	275,283	Tabcorp Holdings Ltd.		831,154
	97,054	Tap Oil Ltd.(b)		42,468
	54,903	Tassal Group Ltd.		158,560
	414,785	Tatts Group Ltd.		1,085,369
	27,045	Technology One Ltd.		51,361
	521,073	Ten Network Holdings Ltd.(b)		161,886
	69,352	TFS Corp. Ltd.		71,011
	57,103	Thorn Group Ltd.		101,447
	60,130	Tiger Resources Ltd.(b)		19,734
	339,054	Toll Holdings Ltd.		1,658,684
	188,636	Toro Energy Ltd.(b)		12,051
	18,996	Tox Free Solutions Ltd.		55,525
	126,484	TPG Telecom Ltd.		597,740
	3,780,227	Transfield Services Ltd.		2,630,074

Shares			Value
AUSTRALIA (continued)
	688,175	Transpacific Industries Group Ltd.(b)	$	671,517
	267,850	Treasury Wine Estates Ltd.		862,626
	26,094	Troy Resources Ltd.(b)		25,805
	82,059	UGL Ltd.		503,416
	79,768	Unity Mining Ltd.(b)		2,653
	144,020	UXC Ltd.		133,602
	101,055	Venture Minerals Ltd.(b)		14,150
	65,384	Village Roadshow Ltd.		405,124
	836,798	Virgin Australia Holdings Ltd.(b)		252,652
	521,584	Virgin Australia Holdings Ltd. - CVR Shares(b)(c)(d)		0
	52,557	Washington H. Soul Pattinson & Co. Ltd.		694,069
	51,135	WDS Ltd.		38,262
	8,040	Webjet Ltd.		19,209
	36,711	Western Areas NL		85,781
	5,683	White Energy Co. Ltd.(b)		771
	29,978	Whitehaven Coal Ltd.(b)		47,092
	984	Wide Bay Australia Ltd.		4,977
	1,550	Windimurra Vanadium Ltd.(b)(c)(d)		0
	38,593	Worleyparsons Ltd.		555,594
	31,994	Wotif.com Holdings Ltd.		68,319
	5,124	YTC Resources Ltd.(b)		1,031
				132,376,310
AUSTRIA — 0.2%
	1,015	Agrana Beteiligungs AG		120,275
	401	AMAG Austria Metall AG(e)		12,439
	4,961	AMS AG		610,105
	26,522	Andritz AG		1,457,646
	4,521	A-TEC Industries AG(b)(c)(d)		0
	2,324	Austria Technologie & Systemtechnik AG		25,420
	868	CA Immobilien Anlagen AG		15,102
	5,957	CAT Oil AG		135,538
	4,775	Conwert Immobilien Invest SE		61,896
	255	DO & CO AG		12,450
	8,152	EVN AG		126,988
	3,313	Flughafen Wien AG		266,532
	154,230	IMMOFINANZ AG		727,832
	1,245	Kapsch TrafficCom AG		68,845
	2,215	Lenzing AG		133,999
	2,509	Mayr Melnhof Karton AG		306,751
	902	Oberbank AG		60,218
	14,426	Oesterreichische Post AG		665,313
	6,723	Palfinger AG		282,449
	10,308	POLYTEC Holding AG		102,670
	20,814	Raiffeisen Bank International AG		800,053
	6,417	RHI AG		210,352
	516	Rosenbauer International AG		43,148
	5,208	S IMMO AG		37,087
	4,944	Schoeller-Bleckmann Oilfield Equipment AG		516,504

Shares			Value
AUSTRIA (continued)
	4,742	Semperit AG Holding	$	239,834
	27,419	Strabag SE		817,263
	11,014	Telekom Austria AG		96,362
	7,063	UNIQA Insurance Group AG		91,116
	7,354	Verbund AG		155,124
	14,471	Vienna Insurance Group AG Wiener Versicherung Gruppe		687,004
	98,464	Voestalpine AG		4,414,911
	53,298	Wienerberger AG		844,631
	1,597	Wolford AG(b)		39,201
	15,071	Zumtobel AG		330,304
				14,515,362
BAHAMAS — 0.0%
	488	United International Enterprises		97,028
BELGIUM — 0.3%
	15,584	Ackermans & van Haaren NV		1,685,876
	2,240	Aedifica SA REIT		154,530
	92,169	Ageas		3,962,353
	83,862	AGFA - Gevaert NV(b)		247,701
	22,952	AGFA - Gevaert NV - VVPR Strip(b)(c)(d)		0
	7,223	Arseus NV		258,350
	192	Atenor Group		9,452
	83	Banque Nationale de Belgique		357,657
	5,391	Barco NV		408,842
	28,862	Belgacom SA		824,851
	2,364	Cie d’Entreprises CFE		206,924
	1,433	Cie Immobiliere de Belgique SA		73,617
	4,286	Cie Maritime Belge SA		122,375
	2,086	Cofinimmo REIT		242,881
	14,141	Colruyt SA		802,744
	19,625	Deceuninck NV(b)		56,113
	12,200	Deceuninck NV- VVPR Strip(b)(c)(d)		0
	57,235	Delhaize Group SA		3,682,894
	10,786	D’ieteren SA NV		517,152
	11,541	Econocom Group		122,189
	5,784	Elia System Operator SA NV		266,363
	7,746	Euronav NV(b)		101,023
	2,288	EVS Broadcast Equipment SA		137,166
	7,387	Exmar NV		115,869
	677	Intervest Offices & Warehouses REIT		18,033
	993	Kinepolis Group NV		157,726
	47	Lotus Bakeries		47,415
	3,650	Melexis NV		126,466
	22,521	NV Bekaert SA		776,063
	15,645	Nyrstar - VVPR Strip(b)(c)(d)		0
	5,199	Nyrstar NV		19,984
	1,095	Picanol(b)		37,659
	1,265	RealDolmen NV SA(b)		38,046
	11,173	Recticel SA		102,621
	118	Resilux		15,756
	170	Retail Estates NV REIT		12,560

Shares			Value
BELGIUM (continued)
	5,564	Sioen Industries NV	$	66,412
	2,739	Sipef NV		212,005
	3,652	Telenet Group Holding NV		216,968
	11,858	Tessenderlo Chemie NV		309,144
	1,410	Tessenderlo Chemie NV - VVPR Strip(b)(c)(d)		0
	3,085	ThromboGenics NV(b)		77,890
	21,258	Umicore SA		909,726
	1,563	Van de Velde NV		78,271
	24,240	Viohalco SA(b)		122,598
	3,065	Warehouses De Pauw SCA REIT		218,678
	460	Wereldhave Belgium NV REIT		53,138
				17,974,081
BERMUDA — 0.7%
	58,286	Archer Ltd.(b)		50,139
	250,000	Argo Group International Holdings Ltd.(d)		11,247,500
	250,000	Aspen Insurance Holdings Ltd.		9,725,000
	221,995	Catlin Group Ltd.		1,925,045
	343,000	Endurance Specialty Holdings Ltd.		17,969,770
	155,814	Golden Ocean Group Ltd.		322,676
	176,842	Hiscox Ltd.		1,854,732
	2,021	Hoegh LNG Holdings Ltd.(b)		15,453
	197,400	Wilson Sons Ltd. - BDR(d)		2,290,355
				45,400,670
BRAZIL — 0.8%
	160,000	Abril Educacao SA - Units		1,908,132
	12,300	AES Tiete SA		88,532
	17,400	AES Tiete SA - Preference Shares		136,128
	2,200	Aliansce Shopping Centers SA		14,933
	180,200	All - America Latina Logistica SA		493,576
	42,977	Alpargatas SA - Preference Shares		224,390
	4,500	Arezzo Industria e Comercio SA		48,482
	11,700	Arteris SA		80,481
	312,900	Autometal SA(d)		2,178,274
	7,700	B2W Cia Digital(b)		74,312
	1,548	Banco ABC Brasil SA(b)(d)		7,653
	58,481	Banco ABC Brasil SA - Preference Shares		289,103
	11,400	Banco Daycoval SA - Preference Shares		37,319
	78,690	Banco do Estado do Rio Grande do Sul SA - Class B, Preference Shares		342,379
	16,000	Banco Industrial e Comercial SA - Preference Shares		47,803
	4,500	Banco Panamericano SA - Preference Shares(b)		7,366
	24,448	Banco Pine SA - Preference Shares		81,754

Shares			Value
BRAZIL (continued)
	16,200	Banco Sofisa SA - Preference Shares	$	18,930
	17,100	Bematech SA		58,104
	103,092	BR Malls Participacoes SA		649,331
	25,300	Brasil Brokers Participacoes SA		53,258
	11,100	Brasil Insurance Participacoes e Administracao SA		87,163
	676,600	Brasil Pharma SA(b)		1,407,451
	144,318	Braskem SA - Class A, Preference Shares(b)		1,111,128
	85,900	Brookfield Incorporacoes SA(b)		46,986
	16,700	Centrais Eletricas Brasileiras SA		36,123
	16,800	Centrais Eletricas Brasileiras SA - Preference Shares		65,439
	5,700	Centrais Eletricas de Santa Catarina SA - Preference Shares		36,303
	36,400	CETIP SA - Mercados Organizados		348,426
	6,300	Cia de Gas de Sao Paulo - Class A, Preference Shares		135,724
	354,400	Cia de Locacao das Americas(d)		716,657
	25,500	Cia de Saneamento Basico do Estado de Sao Paulo		235,214
	10,700	Cia de Saneamento de Minas Gerais-COPASA		139,533
	5,300	Cia de Saneamento do Parana - Preference Shares		12,189
	3,600	Cia de Transmissao de Energia Eletrica Paulista - Preference Shares		36,220
	5,100	Cia Energetica de Minas Gerais		29,333
	62,500	Cia Energetica de Minas Gerais - Preference Shares		360,769
	25,300	Cia Energetica de Sao Paulo -Class B, Preference Shares		241,861
	5,950	Cia Energetica do Ceara - Class A, Preference Shares		118,396
	26,208	Cia Ferro Ligas da Bahia-Ferbasa - Preference Shares		138,031
	29,100	Cia Hering		323,166
	27,800	Cia Paranaense de Energia - Class B, Preference Shares		320,594
	18,300	Cia Providencia Industria e Comercio SA		62,182
	67,600	Cia Siderurgica Nacional SA		313,454
	8,920	Contax Participacoes SA - Units(b)		73,703
	60,500	Cosan SA Industria e Comercio		901,013
	11,750	Cremer SA		72,353
	167,340	Cyrela Brazil Realty SA Empreendimentos e Participacoes		990,206
	400	Cyrela Commercial Properties SA Empreendimentos e Participacoes		3,350

Shares			Value
BRAZIL (continued)
	32,300	Diagnosticos da America SA	$	198,893
	34,752	Direcional Engenharia SA		152,645
	205,436	Duratex SA		1,008,771
	12,500	EcoRodovias Infraestrutura e Logistica SA		63,711
	17,700	EDP - Energias do Brasil SA		70,778
	390,320	Embraer SA		2,974,406
	54,526	Eneva SA(b)		72,076
	14,569	Equatorial Energia SA		134,325
	32,800	Estacio Participacoes SA		254,299
	35,393	Eternit SA		117,182
	6,836	Eucatex SA Industria e Comercio - Preference Shares		17,846
	123,900	Even Construtora e Incorporadora SA		367,606
	21,300	Ez Tec Empreendimentos e Participacoes SA		238,221
	2,900	Fertilizantes Heringer SA(b)		7,931
	123,478	Fibria Celulose SA(b)		1,384,059
	339,400	Fleury SA		2,594,812
	2,185	Forjas Taurus SA		1,865
	30,937	Forjas Taurus SA - Preference Shares		24,870
	108,200	Gafisa SA		137,646
	7,000	General Shopping Brasil SA(b)		20,566
	11,500	Gol-Linhas Aereas Inteligentes SA - Preference Shares(b)		45,747
	50,800	Grendene SA		336,807
	3,200	Guararapes Confeccoes SA		123,982
	64,740	Helbor Empreendimentos SA		187,788
	120,500	Hypermarcas SA		761,473
	38,400	Iguatemi Empresa de Shopping Centers SA		318,880
	7,000	Industrias Romi SA(b)		14,677
	9,800	International Meal Co. Holdings SA(b)		71,269
	16,470	Iochpe-Maxion SA		165,843
	51,534	JHSF Participacoes SA		85,846
	424,700	JSL SA(d)		2,358,222
	1,600	Kepler Weber SA		24,525
	413,900	Klabin SA - Preference Shares		2,116,451
	45,596	Kroton Educacional SA		696,812
	4,000	Light SA		31,609
	90,200	Linx SA		1,638,981
	33,075	Localiza Rent a Car SA		418,020
	36,310	Log-In Logistica Intermodal SA(b)		124,883
	21,800	Lojas Americanas SA		113,280
	75,900	Lojas Americanas SA - Preference Shares		462,335
	23,200	Lojas Renner SA		532,881
	10,400	LPS Brasil Consultoria de Imoveis SA		54,300
	8,300	M Dias Branco SA		283,780
	23,648	Magnesita Refratarios SA		51,446
	233,600	Mahle-Metal Leve SA Industria e Comercio		2,368,670

Shares			Value
BRAZIL (continued)
	185,780	Marcopolo SA - Preference Shares	$	398,774
	102,784	Marfrig Global Foods SA(b)		177,181
	13,800	Marisa Lojas SA		90,351
	800	Metalfrio Solutions SA(b)		859
	13,800	Mills Estruturas e Servicos de Engenharia SA		160,059
	18,100	Minerva SA(b)		82,353
	19,092	MMX Mineracao e Metalicos SA(b)		29,271
	30,150	Multiplan Empreendimentos Imobiliarios SA		544,843
	9,000	Multiplus SA		96,592
	32,100	Natura Cosmeticos SA		522,352
	70,500	Odontoprev SA		262,923
	50,400	Oi SA - Preference Shares		87,089
	16,300	Parana Banco SA - Preference Shares		74,298
	66,719	Paranapanema SA(b)		116,117
	299,658	PDG Realty SA Empreendimentos e Participacoes(b)		207,367
	17,500	Plascar Participacoes Industriais SA(b)		2,973
	56,300	Porto Seguro SA		656,726
	8,400	Profarma Distribuidora de Produtos Farmaceuticos SA		53,987
	35,600	QGEP Participacoes SA		131,292
	38,309	Raia Drogasil SA		230,656
	57,450	Randon Participacoes SA - Preference Shares		221,873
	12,900	Restoque Comercio e Confeccoes de Roupas SA		28,064
	14,700	Rodobens Negocios Imobiliarios SA		64,264
	211,168	Rossi Residencial SA(b)		170,632
	16,550	Santos Brasil Participacoes SA - Units		111,716
	34,100	Sao Martinho SA		349,584
	11,475	Saraiva SA Livreiros Editores - Preference Shares		95,100
	16,900	SLC Agricola SA		126,054
	253,100	Sonae Sierra Brasil SA(d)		1,636,117
	100,173	Sul America SA - Units		552,077
	185,953	Suzano Papel e Celulose SA - Class A, Preference Shares		733,564
	78,400	Tecnisa SA(b)		252,102
	2,000	Tegma Gestao Logistica		15,373
	2,800	Tempo Participacoes SA		3,956
	8,800	Tereos Internacional SA		7,767
	29,200	Totvs SA		383,687
	5,500	TPI - Triunfo Participacoes e Investimentos SA		21,378
	19,300	Transmissora Alianca de Energia Eletrica SA - Units		141,716
	171,700	Tupy SA(d)		1,409,459

Shares			Value
BRAZIL (continued)
	9,600	UNICASA Industria de Moveis SA	$	20,646
	72	Unipar Carbocloro SA - Preference Shares		14
	241,300	Usinas Siderurgicas de Minas Gerais SA - Class A, Preference shares(b)		1,189,877
	18,303	Valid Solucoes e Servicos de Seguranca em Meios de Pagamento e Identificacao SA		228,290
	52,200	Vanguarda Agro SA(b)		69,434
	29,216	Viver Incorporadora e Construtora SA(b)		2,542
				50,195,571
CAMBODIA — 0.0%
	248,000	NagaCorp Ltd.		236,699
CANADA — 2.3%
	14,000	5N Plus, Inc.(b)		35,071
	3,613	Aastra Technologies Ltd.		138,713
	15,424	Aberdeen International, Inc.(b)		1,800
	6,775	Absolute Software Corp.		43,251
	2,790	Acadian Timber Corp.		33,067
	67,953	Advantage Oil & Gas Ltd.(b)		276,388
	27,738	Aecon Group, Inc.		385,530
	2,700	AG Growth International, Inc.		113,067
	44,207	AGF Management Ltd. - Class B		452,489
	43,376	Agnico-Eagle Mines Ltd.		1,349,865
	59,300	Aimia, Inc.		1,028,665
	14,401	Ainsworth Lumber Co. Ltd.(b)		52,238
	2,500	Air Canada - Class A(b)		17,464
	1,100	Akita Drilling Ltd. - Class A		14,706
	62,288	Alamos Gold, Inc.		571,568
	5,880	Algoma Central Corp.		81,990
	108,142	Algonquin Power & Utilities Corp.		707,839
	8,470	Alliance Grain Traders, Inc.		135,824
	43,545	AltaGas Ltd.		1,619,424
	10,000	Alterra Power Corp.(b)		2,604
	7,748	Altius Minerals Corp.(b)		105,046
	11,700	Altus Group Ltd.		172,966
	4,403	Alvopetro Energy Ltd.(b)		4,349
	80,500	Amerigo Resources Ltd.(b)		32,164
	2,600	Amica Mature Lifestyles, Inc.		18,676
	39,396	Anderson Energy Ltd.(b)		5,306
	81,625	Antrim Energy, Inc.(b)		5,863
	4,772	Arsenal Energy, Inc.		21,423
	12,175	Artek Exploration Ltd.(b)		40,119
	25,400	Atco Ltd. - Class I		1,137,099
	79,500	Athabasca Oil Corp.(b)		570,330
	15,436	Atrium Innovations, Inc.(b)		332,350
	22,663	ATS Automation Tooling Systems, Inc.(b)		282,842
	60,801	AuRico Gold, Inc.		278,961
	1,900	AutoCanada, Inc.		67,214

Shares			Value
CANADA (continued)
	3,900	Avigilon Corp.(b)	$	112,299
	396,886	B2Gold Corp.(b)(d)		937,203
	6,579	Badger Daylighting Ltd.		183,060
	46,861	Ballard Power Systems, Inc.(b)		99,297
	126,300	Bankers Petroleum Ltd.(b)		485,355
	22,100	Banro Corp(b)		10,914
	54,963	Bellatrix Exploration Ltd.(b)		393,809
	49,700	Birchcliff Energy Ltd.(b)		377,073
	3,659	Bird Construction, Inc.		43,103
	15,938	Black Diamond Group Ltd.		429,020
	117,207	BlackBerry Ltd.(b)		1,110,244
	126,000	BlackPearl Resources, Inc.(b)		282,828
	7,900	Boardwalk Real Estate Investment Trust, REIT		414,949
	43,255	Bonavista Energy Corp.		570,131
	3,746	Bonterra Energy Corp.		172,678
	11,570	Boralex, Inc. - Class A(b)		127,673
	100	Brookfield Real Estate Services, Inc.		1,272
	6,645	Brookfield Residential Properties, Inc.(b)		150,471
	556,664	CAE, Inc.		7,052,327
	10,165	Calfrac Well Services Ltd.		272,162
	1,862	Calian Technologies Ltd.		37,599
	16,600	Calloway Real Estate Investment Trust		370,379
	16,191	Calvalley Petroleum, Inc. - Class A(b)		24,132
	29,611	Canaccord Genuity Group, Inc.		181,853
	16,731	Canacol Energy Ltd.(b)		104,555
	4,100	Canada Bread Co. Ltd.		257,320
	32,828	Canada Lithium Corp.(b)		8,548
	18,318	Canadian Apartment Properties REIT		348,515
	15,185	Canadian Energy Services & Technology Corp		307,586
	11,606	Canadian Real Estate Investment Trust		443,086
	84,813	Canadian Western Bank		2,774,175
	21,932	Canam Group, Inc. - Class A		270,372
	36,977	CanElson Drilling, Inc.		203,187
	20,030	Canexus Corp.		103,410
	44,643	Canfor Corp.(b)		1,149,194
	14,843	Canfor Pulp Products, Inc.		161,257
	5,200	Cangene Corp.(b)		16,808
	16,000	CanWel Building Materials Group Ltd		40,224
	9,688	Canyon Services Group, Inc.		93,596
	6,007	Capital Power Corp.		122,918
	17,583	Capstone Infrastructure Corp.		56,992
	143,183	Capstone Mining Corp.(b)		371,537
	47,246	Cascades, Inc.		291,006
	7,306	Cash Store Financial Services, Inc. (The)(b)		7,150
	7,709	Cathedral Energy Services Ltd.		31,632
	16,407	CCL Industries, Inc. - Class B		1,183,661
	87,500	Celestica, Inc.(b)		868,126

Shares			Value
CANADA (continued)
	82,641	Centerra Gold, Inc.	$	319,805
	104,378	Cequence Energy Ltd.(b)		161,194
	1,900	Cervus Equipment Corp.		40,414
	8,900	Chartwell Retirement Residences REIT		85,104
	87,396	China Gold International Resources Corp. Ltd.(b)		249,535
	6,908	Chinook Energy, Inc.(b)		7,877
	820	Churchill Corp. (The) - Class A		6,965
	28,912	Cineplex, Inc.		1,050,826
	18,051	Claude Resources, Inc.(b)		2,755
	9,100	Cogeco Cable, Inc.		415,638
	4,665	Cogeco, Inc.		205,072
	28,143	COM DEV International Ltd.(b)		103,349
	10,255	Cominar Real Estate Investment Trust		171,078
	10,200	Computer Modelling Group Ltd.		253,042
	131,262	Connacher Oil and Gas Ltd.(b)		25,339
	3,107	Constellation Software, Inc.		667,653
	5,800	Contrans Group, Inc. - Class A		69,834
	4,700	Corby Spirit and Wine Ltd.		85,286
	62,122	Corus Entertainment, Inc. - Class B		1,379,373
	56,517	Cott Corp.		444,524
	42,192	Crew Energy, Inc.(b)		274,651
	35,826	Crocotta Energy, Inc.(b)		95,535
	20,011	Davis & Henderson Corp.		502,723
	19,795	DeeThree Exploration Ltd.(b)		164,225
	63,438	Delphi Energy Corp.(b)		128,727
	123,700	Denison Mines Corp.(b)		173,263
	17,700	Descartes Systems Group, Inc. (The)(b)		254,276
	11,274	DHX Media Ltd.		48,082
	3,059	DirectCash Payments, Inc.		51,361
	30,931	Dollarama, Inc.		2,332,843
	32,840	Dominion Diamond Corp.(b)		478,262
	13,809	Dorel Industries, Inc. - Class B		501,897
	16,835	DragonWave, Inc.(b)		25,999
	35,170	Duluth Metals Ltd.(b)		30,315
	49,786	Dundee Precious Metals, Inc.(b)		178,358
	8,500	Dundee Real Estate Investment Trust - Class A, REIT		223,690
	11,964	Dynasty Metals & Mining, Inc.(b)		11,494
	229	E-L Financial Corp. Ltd.		144,134
	213,500	Eldorado Gold Corp.		1,357,199
	10,019	Emera, Inc.		282,196
	1,044	Empire Co. Ltd. - Class A		66,638
	8,287	Enbridge Income Fund Holdings, Inc.		183,858
	61,981	Endeavour Silver Corp.(b)		269,906
	8,281	Enerflex Ltd.		115,246
	2,736	Energy Fuels, Inc.(b)		21,593
	121,952	Enerplus Corp.		2,207,454
	1,400	Enghouse Systems Ltd.		42,135

Shares			Value
CANADA (continued)
	64,816	Ensign Energy Services, Inc.	$	957,327
	29,186	Epsilon Energy Ltd.(b)		96,435
	9,245	Equal Energy Ltd.		48,477
	5,842	Equitable Group, Inc.		250,622
	75,613	Essential Energy Services Trust(b)		169,047
	1,100	Evertz Technologies Ltd.		17,086
	1,700	Excellon Resources, Inc.(b)		1,984
	2,974	Exchange Income Corp.		59,867
	5,600	Exco Technologies Ltd.		42,035
	14,469	EXFO, Inc.(b)		62,748
	13,000	Extendicare, Inc.		83,340
	64,225	Finning International, Inc.		1,554,086
	553	Firm Capital Mortgage Investment Corp.		5,859
	9,091	First Capital Realty Inc.		142,762
	30,350	First Majestic Silver Corp.(b)		316,921
	2,412	First National Financial Corp.		48,901
	9,700	FirstService Corp.		391,222
	835	Fortress Paper Ltd. - Class A(b)		2,909
	57,167	Fortuna Silver Mines, Inc.(b)		206,853
	200	Gamehost, Inc.		2,607
	34,852	Genworth MI Canada, Inc.		1,042,353
	23,022	Gibson Energy, Inc.		559,763
	1,500	Gildan Activewear, Inc.		79,973
	2,500	Glentel, Inc.		29,293
	2,859	GLG Life Tech Corp.(b)		1,361
	4,565	Gluskin Sheff & Associates, Inc.		117,307
	2,010	GLV, Inc. - Class A(b)		7,670
	14,327	GMP Capital, Inc.		93,519
	131,213	Gran Tierra Energy, Inc.(b)		990,798
	2,800	Granite Real Estate Investment Trust		96,011
	33,752	Great Canadian Gaming Corp.(b)		419,722
	23,182	Great Panther Silver Ltd.(b)		18,941
	6,784	Guardian Capital Group Ltd. - Class A		91,611
	19,400	Guyana Goldfields, Inc.(b)		42,153
	7,102	Heroux-Devtek, Inc.(b)		68,358
	670	High Liner Foods, Inc.		26,349
	3,627	HNZ Group, Inc.		69,886
	13,900	Home Capital Group, Inc.		963,234
	27,827	Horizon North Logistics, Inc.		177,393
	72,091	HudBay Minerals, Inc.		572,197
	5,600	Hudson’s Bay Co.		82,812
	186,900	IAMGOLD Corp.		686,349
	7,800	Imax Corp.(b)		215,774
	27,086	Imperial Metals Corp.(b)		409,056
	39,500	Industrial Alliance Insurance and Financial Services, Inc.		1,572,198
	20,879	Innergex Renewable Energy, Inc.		196,089
	23,670	International Forest Products Ltd. - Class A(b)		329,627
	5,748	International Tower Hill Mines Ltd.(b)		3,509

Shares			Value
CANADA (continued)
	25,626	Intertape Polymer Group, Inc.	$	288,070
	18,561	Ivernia, Inc.(b)		2,333
	22,616	Jean Coutu Group PJC, Inc. (The) Class A		391,503
	10,550	Just Energy Group, Inc.		73,980
	276,940	Katanga Mining Ltd.(b)		101,949
	1,300	K-Bro Linen, Inc.		46,304
	16,550	Kelt Exploration Ltd.(b)		160,485
	25,539	Keyera Corp.		1,513,422
	13,811	Killam Properties, Inc.		131,197
	1,953	Kingsway Financial Services, Inc.(b)		7,803
	103,500	Lake Shore Gold Corp.(b)		66,909
	13,254	Laramide Resources Ltd.(b)		7,140
	16,985	Laurentian Bank of Canada		697,395
	1,200	Le Chateau, Inc. - Class A(b)		3,125
	64,054	Legacy Oil & Gas, Inc.(b)		323,793
	8,682	Leisureworld Senior Care Corp.		94,401
	13,400	Leon’s Furniture Ltd.		179,509
	98,037	Lightstream Resources Ltd.		546,631
	29,705	Linamar Corp.		1,140,992
	8,170	Liquor Stores N.A. Ltd.		105,192
	58,157	Long Run Exploration Ltd.		267,875
	59,500	Lucara Dianmond Corp.(b)		82,806
	226,995	Lundin Mining Corp.(b)		992,562
	17,647	MacDonald Dettwiler & Associates Ltd.		1,253,630
	2,400	Magellan Aerospace Corp.		18,489
	500	Mainstreet Equity Corp.(b)		16,072
	43,095	Major Drilling Group International, Inc.		312,644
	40,633	Mandalay Resources Corp.		31,375
	11,156	Manitoba Telecom Services, Inc.		296,691
	48,666	Maple Leaf Foods, Inc.		688,206
	31,511	Martinrea International, Inc.		263,405
	10,600	MBAC Fertilizer Corp.(b)		11,135
	2,300	McCoy Corp.		14,827
	77,075	McEwen Mining - Minera Andes Acquisition Corp.(b)(d)		199,997
	3,800	Medical Facilities Corp.		65,986
	3,029	MEGA Brands, Inc.(b)		37,667
	1,400	Melcor Developments Ltd.		25,140
	29,200	Methanex Corp.		1,746,363
	226,002	Morguard Real Estate Investment Trust(d)		3,317,740
	15,887	Morneau Shepell, Inc.		208,118
	100	MTY Food Group, Inc.		2,807
	44,077	Mullen Group Ltd.		1,068,533
	123,837	Nevsun Resources Ltd.		454,764
	6,729	New Flyer Industries, Inc.		66,822
	225,700	New Gold, Inc.(b)		1,294,925
	13,950	New Millennium Iron Corp.(b)		7,390
	45,085	Newalta Corp.		671,569
	14,000	Niko Resources Ltd.(b)		32,557
	7,923	Norbord, Inc.		222,164

Shares			Value
CANADA (continued)
	31,488	Nordion, Inc.(b)	$	300,249
	948	North American Energy Partners, Inc.(b)		5,703
	15,831	North West Co. Inc., (The)		361,323
	6,358	Northern Dynasty Minerals Ltd.(b)		8,506
	314,600	Northern Property Real Estate Investment Trust(d)		8,217,027
	7,762	Northland Power, Inc.		113,529
	3,613	NorthWest Healthcare Properties Real Estate Investment Trust		33,575
	47,000	Novagold Resources, Inc.(b)		137,149
	46,201	NuVista Energy Ltd.(b)		341,815
	12,600	Open Text Corp.(f)		1,248,517
	1,052	Open Text Corp.(f)		104,043
	32,506	Orvana Minerals Corp.(b)		18,971
	92,400	Osisko Mining Corp.(b)		554,193
	6,230	Paladin Labs, Inc.(b)		693,621
	15,301	Pan American Silver Corp.		192,611
	48,224	Parex Resources, Inc.(b)		316,514
	17,488	Parkland Fuel Corp.		282,320
	472,514	Pason Systems, Inc.(d)		10,670,013
	10,486	Patheon, Inc.(b)		96,692
	260,206	Pengrowth Energy Corp.		1,682,140
	243,465	Penn West Petroleum Ltd.		1,820,932
	780	Perpetual Energy, Inc.(b)		791
	9,000	Petaquilla Minerals Ltd.(b)		2,586
	27,400	Peyto Exploration & Development Corp.		802,995
	113,000	Phoscan Chemical Corp.(b)		28,916
	3,906	PHX Energy Services Corp.		42,225
	5,000	Platino Energy Corp.(b)		2,559
	2,100	Points International Ltd.(b)		50,909
	146,053	Precision Drilling Corp.(f)		1,307,428
	489	Precision Drilling Corp.(f)		4,362
	13,536	Premium Brands Holdings Corp.		278,194
	55,909	Primero Mining Corp.(b)		314,245
	816	Progressive Waste Solutions Ltd.		18,727
	31,060	Progressive Waste Solutions Ltd. - Placement Shares		713,927
	20,867	Pulse Seismic, Inc.		72,882
	500	Pure Technologies Ltd.(b)		3,255
	9,975	QLT, Inc.		68,067
	27,400	Quebecor, Inc. - Class B		583,549
	52,100	Questerre Energy Corp. - Class A(b)		56,602
	10,077	Reitmans (Canada) Ltd. - Class A		50,306
	4,400	Richelieu Hardware Ltd.		176,119
	500,000	Ritchie Bros Auctioneers, Inc.		11,480,000
	284,100	Ritchie Bros. Auctioneers, Inc.		6,530,155
	58,032	RMP Energy, Inc.(b)		320,446
	3,231	Rock Energy, Inc.(b)		11,256

Shares			Value
CANADA (continued)
	7,630	Rocky Mountain Dealerships, Inc.	$	88,991
	40,812	Rogers Sugar, Inc.		168,195
	76,007	RONA, Inc.		852,370
	33,389	Russel Metals, Inc.		860,095
	21,300	Sandstorm Gold Ltd.(b)		107,671
	188,000	Sandvine Corp.(b)		518,213
	16,100	Santonia Energy, Inc.(b)		16,769
	56,481	Savanna Energy Services Corp.		399,614
	64,511	Scorpio Mining Corp.(b)		20,562
	3,300	Sears Canada Inc.		38,519
	14,006	Secure Energy Services, Inc.		203,975
	135,867	SEMAFO, Inc.		437,946
	26,812	ShawCor Ltd.		979,074
	167,000	Sherritt International Corp.		515,807
	19,469	Sierra Wireless, Inc.(b)		398,208
	44,500	Silver Standard Resources, Inc.(b)		349,208
	35,300	Sprott Resource Corp.		80,188
	28,531	Sprott, Inc.		76,851
	2,330	Spyglass Resources Corp.		4,142
	33,100	St. Andrew Goldfields Ltd.(b)		10,699
	10,542	Stantec, Inc.		641,559
	5,960	Stella-Jones, Inc.		139,455
	2,400	Strad Energy Services Ltd.		8,016
	26,948	Student Transportation, Inc.		165,741
	23,746	SunOpta, Inc.(b)		221,523
	30,800	Superior Plus Corp.		338,489
	36,501	Surge Energy, Inc.		202,210
	11,967	TAG Oil Ltd.(b)		35,028
	50,222	Taseko Mines Ltd.(b)		102,360
	29,538	Tembec, Inc.(b)		79,033
	18,525	Teranga Gold Corp.(b)		15,469
	45,730	Teranga Gold Corp. - CDI(b)		36,219
	41,669	Timmins Gold Corp.(b)		53,127
	8,357	TMX Group Ltd.		379,451
	3,945	TORC Oil & Gas Ltd.		35,102
	23,345	Toromont Industries Ltd.		539,319
	17,751	Torstar Corp. - Class B		85,906
	22,950	Total Energy Services, Inc.		399,758
	120,000	TransAlta Corp.		1,579,529
	31,278	Transcontinental, Inc. - Class A		394,012
	41,874	TransForce, Inc.		897,072
	25,900	TransGlobe Energy Corp.(b)		188,131
	44,600	Trican Well Service Ltd.		510,572
	20,400	Trilogy Energy Corp.		468,719
	67,009	Trinidad Drilling Ltd.		556,528
	200,200	Turquoise Hill Resources Ltd.(b)		701,037
	93,222	Twin Butte Energy Ltd.		191,675
	8,241	Uni-Select, Inc.		207,107
	4,141	Valener, Inc.		58,151
	80,029	Veresen, Inc.		1,072,083
	433	Vermilion Energy, Inc.		23,840
	3,200	Vicwest, Inc.		31,088
	7,539	Virginia Mines, Inc.(b)		92,397

Shares			Value
CANADA (continued)
	4,010	Wajax Corp.	$	129,652
	2,361	Wesdome Gold Mines Ltd.(b)		1,420
	22,352	West Fraser Timber Co. Ltd.		1,147,754
	3,556	Western Energy Services Corp.		24,776
	71,338	Western Forest Products, Inc.		149,241
	3,630	WesternOne, Inc. - Units		24,868
	6,300	Westjet Airlines Ltd.		142,715
	5,917	Westshore Terminals Investment Corp.		188,175
	7,900	Whistler Blackcomb Holdings, Inc.		113,136
	40,450	Whitecap Resources, Inc.		428,924
	33,200	Wi-Lan, Inc.		99,265
	11,548	Winpak Ltd.		249,261
	8,114	WSP Global, Inc.		243,110
	4,674	Xtreme Drilling and Coil Services Corp.(b)		15,528
	8,094	Zargon Oil & Gas Ltd.		56,831
	2,000	ZCL Composites, Inc.		12,570
				151,804,439
CAYMAN ISLANDS — 0.0%
	23,308	China Great Star International Ltd.(b)		39,850
	95,746	Endeavour Mining Corp.(b)		57,598
				97,448
CHILE — 0.1%
	367,736	AES Gener SA		176,115
	487,853	Aguas Andinas SA - Class A		311,814
	130,649	Banmedica SA		223,700
	77,620	Besalco SA		63,586
	18,719	CAP SA		271,642
	243,906	CFR Pharmaceuticals SA		49,407
	2,925	Cia Cervecerias Unidas SA		31,308
	43,481	Cia General de Electricidad SA		197,200
	18,733	Cia Sud Americana de Vapores SA(b)		772
	924,504	Colbun SA		216,387
	50,487,302	CorpBanca SA		555,395
	17,201	Cristalerias de Chile SA(d)		133,168
	61,992	E.CL SA		75,004
	15,622	Embotelladora Andina SA - Class A, Preference Shares		47,393
	16,401	Embotelladora Andina SA - Class B, Preference Shares		61,450
	37,467	Empresas Hites SA		22,261
	27,689	ENTEL Chile SA		336,005
	20,702	Forus SA		93,185
	12,790	Gasco SA		111,914
	138,767	Grupo Security SA		45,721
	448,016	Inversiones Aguas Metropolitanas SA		725,963
	4,287	Latam Airlines Group SA - BDR		62,708
	535,964	Madeco SA(b)		3,069
	1,142,051	Masisa SA		55,579
	952	Molibdenos y Metales SA		13,200

Shares			Value
CHILE (continued)
	134,264	Multiexport Foods SA(b)	$	19,822
	97,068	Parque Arauco SA		165,852
	22,204	PAZ Corp. SA		10,594
	163,857	Ripley Corp. SA		92,045
	142,263	Sigdo Koppers SA		199,786
	20,922	Sociedad Matriz SAAM SA		1,723
	179,081	Socovesa SA		37,079
	134,117	Sonda SA		265,616
	235,571	Vina Concha y Toro SA		428,373
	853,398	Vina San Pedro Tarapaca SA		4,794
				5,109,630
CHINA — 1.2%
	1,976,500	AAC Technologies Holdings, Inc.		8,541,124
	854,000	Agile Property Holdings Ltd.		785,383
	250,000	Air China Ltd. - H Shares		162,936
	297,090	Airtac International Group		2,696,584
	570,000	Aluminum Corp. of China Ltd. - H Shares(b)		204,835
	680,000	Angang Steel Co. Ltd. - H Shares(b)		432,675
	22,000	Anhui Expressway Co. Ltd. - H Shares		11,278
	32,000	Anhui Tianda Oil Pipe Co. Ltd. - H Shares		5,235
	104,000	ANTA Sports Products Ltd.		151,905
	408,000	Anton Oilfield Services Group		260,656
	639,000	Asia Cement China Holdings Corp.		409,879
	96,000	Aupu Group Holding Co. Ltd.		11,129
	98,000	AVIC International Holdings Ltd.(b)		37,868
	196,000	AviChina Industry & Technology Co. - H Shares		114,614
	113,500	Baoxin Auto Group Ltd.		95,024
	132,000	Baoye Group Co. Ltd. - H Shares		83,990
	287,000	BBMG Corp. - H Shares		225,495
	932,000	Beijing Capital International Airport Co. Ltd. - H Shares		709,462
	716,000	Beijing Capital Land Ltd. - H Shares		244,391
	420,000	Beijing North Star Co. Ltd. - H Shares		88,719
	33,500	Biostime International Holdings Ltd.		288,451
	17,500	Bloomage Biotechnology Corp. Ltd.		47,222
	16,000	Boer Power Holdings Ltd.		16,487
	577,000	BYD Electronic International Co. Ltd.(b)		286,129
	361,656	Central China Real Estate Ltd.		106,674
	32,000	Changshouhua Food Co. Ltd.		38,538
	249,000	Chaowei Power Holdings Ltd.		127,967
	70,000	China Animal Healthcare Ltd.(b)		37,778

Shares			Value
CHINA (continued)
	861,000	China Aoyuan Property Group Ltd.	$	169,676
	431,000	China Automation Group Ltd.		88,822
	868,857	China BlueChemical Ltd. - H Shares		476,742
	1,190,000	China Communications Services Corp. Ltd. - H Shares		643,757
	545,500	China COSCO Holdings Co. Ltd. - H Shares(b)		229,757
	121,000	China Datang Corp. Renewable Power Co. Ltd. - H Shares		23,689
	954,000	China Dongxiang Group Co.		185,546
	144,000	China Dredging Environment Protection Holdings Ltd.(b)		51,377
	232,000	China Eastern Airlines Corp. Ltd. - H Shares(b)		78,590
	952,000	China Gas Holdings Ltd.		1,331,657
	582,000	China Hongqiao Group Ltd.		363,572
	332,500	China Huiyuan Juice Group Ltd.(b)		189,723
	90,400	China International Marine Containers Group Co. Ltd. - H Shares		209,821
	251,000	China ITS Holdings Co. Ltd.		52,697
	199,000	China Lesso Group Holdings. Ltd.		123,289
	66,000	China Lilang Ltd.		39,530
	215,000	China Longyuan Power Group Corp. - H Shares		258,649
	135,000	China Medical System Holdings Ltd.		154,757
	367,000	China Mengniu Dairy Co. Ltd.		1,689,926
	180,000	China Modern Dairy Holdings Ltd.(b)		83,464
	247,678	China Molybdenum Co. Ltd. - H Shares		103,680
	1,428,084	China National Building Material Co. Ltd. - H Shares		1,379,560
	641,000	China National Materials Co. Ltd. - H Shares		124,670
	200,000	China Qinfa Group Ltd.		14,684
	1,088,500	China Railway Construction Corp. Ltd. - H Shares		909,911
	605,000	China Railway Group Ltd. - H Shares		268,844
	216,000	China Rare Earth Holdings Ltd.(b)		29,769
	783,000	China Rongsheng Heavy Industries Group Holdings Ltd.(b)		136,151
	271,000	China Sanjiang Fine Chemicals Co. Ltd.		127,754
	737,400	China SCE Property Holdings Ltd.		162,415
	1,215,488	China Shanshui Cement Group Ltd.		400,789
	138,000	China Shineway Pharmaceutical Group Ltd.		203,699

Shares			Value
CHINA (continued)
	2,019,093	China Shipping Container Lines Co. Ltd. - H Shares(b)	$	475,919
	862,000	China Shipping Development Co. Ltd., H Shares(b)		516,281
	694,000	China Southern Airlines Co. Ltd. - H Shares		239,563
	90,000	China Sunshine Paper Holdings Co. Ltd.(b)		8,231
	153,000	China Suntien Green Energy Corp. Ltd. - H Shares		66,018
	176,000	China Taifeng Beddings Holdings Ltd.		35,818
	400,000	China Tontine Wines Group Ltd.(b)		17,260
	520,000	China Yurun Food Group Ltd.(b)		306,087
	417,500	China Zhengtong Auto Services Holdings Ltd.(b)		254,895
	1,005,600	China Zhongwang Holdings Ltd.(b)		299,201
	350,000	Chinasoft International Ltd.(b)		104,137
	312,000	Chongqing Iron & Steel Co. Ltd. - H Shares(b)		44,205
	278,000	Chongqing Machinery & Electric Co. Ltd. - H Shares		32,585
	1,484,000	Chongqing Rural Commercial Bank - H Shares		628,862
	228,000	Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd.		69,894
	158,000	Comtec Solar Systems Group Ltd.(b)		28,898
	292,000	Coolpad Group Ltd.		157,588
	1,587,291	Country Garden Holdings Co. Ltd.		870,947
	3,562,000	CPMC Holdings Ltd.(d)		2,734,424
	9,516,000	Dalian Port PDA Co. Ltd. - H Shares(d)		2,083,670
	474,000	Daphne International Holdings Ltd.		242,989
	230,000	Datang International Power Generation Co .Ltd. - H Shares		91,836
	17,000	Delong Holdings Ltd.(b)		5,592
	79,600	Dongfang Electric Corp. Ltd. - H Shares		110,114
	11,100	Dongjiang Environmental Co. Ltd. - H Shares		34,885
	572,000	Dongyue Group Ltd.		202,607
	184,000	ENN Energy Holdings Ltd.		1,193,282
	3,981,000	Evergrande Real Estate Group Ltd.		1,594,697
	1,258,500	Fantasia Holdings Group Co. Ltd.		212,349
	1,505,000	FIH Mobile Ltd.(b)		750,193
	174,000	First Tractor Co. Ltd. - H Shares		114,300
	673,500	Fosun International Ltd.		726,955
	422,600	Fufeng Group Ltd.		164,385
	148,000	Golden Eagle Retail Group Ltd.		202,066

Shares			Value
CHINA (continued)
	5,441,600	GOME Electrical Appliances Holdings Ltd.	$	946,207
	131,000	Goodbaby International Holdings Ltd.		65,468
	228,000	Great Wall Technology Co. Ltd. - H Shares(b)		89,570
	74,000	Greatview Aseptic Packaging Co. Ltd.		40,985
	111,000	Greenland Hong Kong Holdings Ltd.		61,478
	397,500	Greentown China Holdings Ltd.		570,359
	950,000	Guangshen Railway Co. Ltd. - H Shares		411,139
	467,753	Guangzhou Automobile Group Co. Ltd. - H Shares		465,717
	76,000	Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd.		246,683
	453,600	Guangzhou R&F Properties Co. Ltd. - H Shares		601,777
	30,400	Guangzhou Shipyard International Co. Ltd. - H Shares		65,234
	329,000	Guodian Technology & Environment Group Co. Ltd. - H Shares		100,008
	56,000	Hainan Meilan International Airport Co. Ltd. - H Shares		49,769
	2,603,000	Haitian International Holdings Ltd.		5,646,014
	494,000	Harbin Electric Co. Ltd. - H Shares		274,239
	3,650,000	Hilong Holding Ltd.		2,792,576
	65,000	Hisense Kelon Electrical Holdings Co. Ltd. - H Shares(b)		109,173
	475,000	Honghua Group Ltd.		134,599
	28,000	Hopefluent Group Holdings Ltd.		10,819
	138,000	Huadian Power International Corp. Ltd. - H Shares		57,590
	606,000	Huaneng Renewables Corp. Ltd. - H Shares		252,897
	192,000	Hunan Non-Ferrous Metal Corp. Ltd. - H Shares(b)		60,094
	268,500	Intime Retail Group Co. Ltd.		269,752
	80,000	JES International Holdings Ltd.(b)		9,650
	122,000	Jiangsu Expressway Co. Ltd. - H Shares		153,997
	344,000	Jiangxi Copper Co. Ltd. - H Shares		622,087
	92,000	Jingwei Textile Machinery - H Shares(c)		71,929
	1,141,000	Kaisa Group Holdings Ltd.(b)		339,487
	63,000	Kasen International Holdings Ltd.(b)		11,685
	228,000	Kingdee International Software Group Co. Ltd.(b)		86,045

Shares			Value
CHINA (continued)
	73,000	Kingsoft Corp. Ltd.	$	239,296
	84,000	Labixiaoxin Snacks Group Ltd.		54,855
	64,000	Leoch International Technology Ltd.(b)		6,018
	76,000	Li Heng Chemical Fibre Technologies Ltd.(b)		6,548
	245,750	Li Ning Co. Ltd.(b)		196,884
	58,000	Lianhua Supermarket Holdings Co. Ltd. - H Shares		33,842
	26,000	Lingbao Gold Co. Ltd. - H Shares		4,655
	498,500	Longfor Properties Co. Ltd.		690,881
	1,019,000	Lonking Holdings Ltd.(b)		204,750
	1,182,000	Maanshan Iron & Steel - H Shares(b)		287,743
	611,000	Maoye International Holdings Ltd.		92,864
	1,396,000	Metallurgical Corp. of China Ltd. - H Shares(b)		246,338
	2,874,000	Microport Scientific Corp.		1,850,898
	146,000	Minth Group Ltd.		283,959
	34,000	Nanjing Panda Electronics Co. Ltd. - H Shares		16,510
	310,000	NVC Lighting Holdings Ltd.		80,656
	179,000	O-Net Communications Group Ltd.		56,487
	96,800	Pacific Online Ltd.		64,834
	70,000	Pan Asia Environmental Protection Group Ltd.(b)		17,762
	312,000	Parkson Retail Group Ltd.		95,242
	363,000	Peak Sport Products Co. Ltd.		95,849
	750,000	Powerlong Real Estate Holdings Ltd.		143,937
	82,000	Prince Frog International Holdings Ltd.		26,299
	402,000	Qingling Motors Co. Ltd. - H Shares		111,842
	261,000	Qunxing Paper Holdings Co. Ltd.(c)(d)		67,840
	67,000	Real Gold Mining Ltd.(b)(c)(d)		2,270
	5,423,430	Renhe Commercial Holdings Co. Ltd.(b)		268,943
	193,000	Sany Heavy Equipment International Holdings Co. Ltd.		50,215
	34,500	Sateri Holdings Ltd.		6,443
	9,556,806	Semiconductor Manufacturing International Corp.(b)		972,446
	253,500	Shandong Chenming Paper Holdings Ltd. - H Shares		106,117
	49,600	Shandong Molong Petroleum Machinery Co. Ltd. - H Shares		15,652
	484,000	Shandong Weigao Group Medical Polymer Co. Ltd. - H Shares		567,300
	678,000	Shanghai Electric Group Co. Ltd. - H Shares		216,574

Shares			Value
CHINA (continued)
	26,500	Shanghai Fosun Pharmaceutical Group Co. Ltd. - H Shares	$	81,407
	724,000	Shanghai Jin Jiang International Hotels Group Co. Ltd. - H Shares		221,943
	205,600	Shanghai Pharmaceuticals Holding Co. Ltd. - H Shares		508,982
	222,000	Shanghai Prime Machinery Co. Ltd. - H Shares		30,596
	687,000	Shengli Oil & Gas Pipe Holdings Ltd.		38,492
	204,000	Shenguan Holdings Group Ltd.		90,651
	32,000	Shenzhen Expressway Co. Ltd. - H Shares		14,179
	162,000	Shenzhou International Group Holdings Ltd.		558,167
	1,728,381	Shui On Land Ltd.		549,873
	64,000	Shunfeng Photovoltaic International Ltd.(b)		49,790
	257,000	Sihuan Pharmaceutical Holdings Group Ltd.		274,087
	328,000	Sino Dragon New Energy Holdings Ltd.(b)		11,407
	65,000	Sino Grandness Food Industry Group Ltd.(b)		34,110
	73,000	SinoMedia Holding Ltd.		50,492
	1,632,939	Sino-Ocean Land Holdings Ltd.		879,168
	378,000	Sinopec Shanghai Petrochemical Co. Ltd. - H Shares		107,112
	351,000	Sinopec Yizheng Chemical Fibre Co. Ltd. - H Shares(b)		64,198
	184,800	Sinopharm Group Co. Ltd. - H Shares		521,281
	1,009,000	Sinotrans Ltd. - H Shares		417,178
	413,500	Sinotruk Hong Kong Ltd.		211,975
	67,000	SITC International Holdings Co. Ltd.		29,773
	1,600,500	SOHO China Ltd.		1,274,001
	170,000	Springland International Holdings Ltd.		78,827
	90,000	SPT Energy Group, Inc.		61,555
	741,000	Sunac China Holdings Ltd.		446,673
	131,000	Sunny Optical Technology Group Co. Ltd.		107,145
	238,000	TCL Communication Technology Holdings Ltd.(b)		256,890
	88,000	Tian Shan Development Holdings Ltd.		30,604
	554,000	Tiangong International Co. Ltd.		149,849
	792,000	Tong Ren Tang Technologies Co. Ltd. - H Shares		2,718,617
	15,200	Tonly Electronics Holdings Ltd.(b)		12,080
	165,500	Travelsky Technology Ltd. - H Shares		173,733
	110,000	Trigiant Group Ltd.		31,312
	201,000	Trony Solar Holdings Co. Ltd.(b)(c)(d)		3,055

Shares			Value
CHINA (continued)
	262,000	Uni-President China Holdings Ltd.	$	236,899
	105,000	Weichai Power Co. Ltd. - H Shares		400,319
	319,000	Weiqiao Textile Co. - H Shares		172,159
	1,510,000	West China Cement Ltd.		176,988
	384,000	Winsway Coking Coal Holding Ltd.(b)		20,526
	92,000	Wumart Stores, Inc. - H Shares		117,551
	626,000	Xiamen International Port Co. Ltd. - H Shares		83,050
	3,993,000	Xingda International Holdings Ltd.		2,175,531
	159,000	Xinhua Winshare Publishing and Media Co. Ltd. - H Shares		89,906
	151,200	Xinjiang Goldwind Science & Technology Co. Ltd. - H Shares		161,253
	433,000	Xinjiang Xinxin Mining Industry Co. Ltd. - H Shares(b)		63,580
	838,000	Xinyi Solar Holdings Ltd.(b)		175,937
	142,000	Xiwang Property Holdings Co. Ltd.		12,254
	79,000	Xiwang Special Steel Co. Ltd.		9,667
	81,000	Yantai North Andre Juice Co. - H Shares		22,535
	968,000	Yanzhou Coal Mining Co. Ltd. - H Shares		728,138
	648,760	Yuzhou Properties Co. Ltd.		142,056
	37,000	Zall Development Group Ltd.		11,009
	434,500	Zhaojin Mining Industry Co. Ltd. - H Shares		259,117
	96,000	Zhejiang Expressway Co. Ltd. - H Shares		86,308
	40,000	Zhejiang Glass Co. Ltd. - H Shares(b)(c)(d)		0
	46,400	Zhengzhou Coal Mining Machinery Group Co. Ltd. - H Shares		27,551
	525,000	Zhong An Real Estate Ltd.(b)		89,937
	106,500	Zhongsheng Group Holdings Ltd.		156,380
	67,000	Zhuzhou CSR Times Electric Co. Ltd. - H Shares		207,978
	1,318,000	Zijin Mining Group Co., Ltd.		285,201
	445,600	Zoomlion Heavy Industry Science and Technology Co. Ltd. - H Shares		362,734
	100,000	ZTE Corp. - H Shares(b)		206,857
				79,520,527
COLUMBIA — 0.0%
	1,764	Pacific Rubiales Energy Corp.		26,814
CYPRUS — 0.0%
	279,720	Bank of Cyprus Plc(b)(c)(d)		0
	37,338	Deep Sea Supply Plc(b)		61,859
	71,521	ProSafe SE		475,443

Shares			Value
CYPRUS (continued)
	39,926	Songa Offshore(b)	$	17,999
				555,301
DENMARK — 0.6%
	2,314	ALK-Abello A/S		302,404
	57,902	Alm Brand A/S(b)		272,116
	8,231	Amagerbanken A/S(b)(c)(d)		0
	862	Ambu A/S - Class B		49,392
	6,801	Auriga Industries - Class B(b)		213,899
	18,742	Bang & Olufsen A/S(b)		191,404
	10,357	Bavarian Nordic A/S(b)		179,718
	1,079	Brodrene Hartmann A/S		32,278
	561,699	Chr. Hansen Holding A/S		21,696,746
	17,171	D/S Norden A/S		802,000
	2,443	DFDS A/S		185,022
	48,608	DSV A/S		1,558,647
	769	East Asiatic Co. Ltd. A/S(b)		10,772
	21,341	FLSmidth & Co. A/S		1,137,179
	81,337	GN Store Nord A/S		1,928,894
	4,777	Greentech Energy Systems AS(b)		10,534
	18,588	H. Lundbeck A/S		457,611
	297	H+H International A/S - Class B(b)		2,502
	507	IC Companys A/S		13,975
	37,222	Jyske Bank A/S(b)		1,903,352
	18,842	NKT Holding A/S		1,095,972
	70	Nordjyske Bank A/S		1,379
	250	Norresundby Bank A/S		10,009
	6,068	Pandora A/S		347,360
	3,031	Parken Sport & Entertainment A/S(b)		42,733
	1,113	PER Aarsleff A/S - Class B		181,664
	1,788	Ringkjoebing Landbobank A/S		372,958
	3,450	Rockwool International A/S - Class B		625,470
	1,853	Royal UNIBREW		234,120
	9,377	Schouw & Co.		411,867
	16,820	SimCorp AS		615,655
	2,457	Solar A/S - Class B		158,992
	23,971	Spar Nord Bank A/S(b)		214,909
	44,562	Sydbank A/S(b)		1,133,301
	33	Tivoli A/S		17,811
	39,109	TK Development A/S(b)		47,363
	37,860	Topdanmark AS(b)		1,000,494
	33,402	TopoTarget A/S(b)		18,777
	4,331	Tryg A/S		413,341
	130,586	Vestas Wind Systems A/S(b)		4,295,903
	4,210	William Demant Holding A/S(b)		386,954
				42,575,477
FAEROE ISLANDS — 0.0%
	110	Atlantic Petroleum(b)		2,456
	5,407	Bakkafrost		80,535

Shares			Value
FAEROE ISLANDS (continued)
	876	BankNordik	$	19,238
				102,229
FINLAND — 0.5%
	7,357	Ahlstrom Oyj		76,899
	872	Aktia Bank Oyj		9,550
	39,132	Amer Sports Oyj		808,554
	1,770	Aspo Oyj		14,108
	2,875	Atria Plc		30,361
	999	Bank of Aland Plc - Class B		10,941
	1,446	BasWare Oyj		56,947
	18,521	Biotie Therapies Oyj(b)		8,243
	15,775	Cargotec Oyj - Class B		561,045
	93,678	Caverion Corp.(b)		912,206
	93,179	Citycon Oyj		317,948
	2,317	Comptel Oyj(b)		1,656
	4,120	Cramo Oyj		81,850
	7,193	Digia Plc		39,678
	1,089	Elektrobit Oyj		4,024
	26,571	Elisa Oyj		681,969
	10,761	Finnair Oyj		40,347
	4,202	Finnlines Oyj(b)		45,338
	12,672	Fiskars Oyj Abp		355,148
	31,761	F-Secure Oyj		91,670
	6,639	HKScan Oyj - A Shares		33,220
	40,603	Huhtamaki Oyj		1,008,161
	23,392	Kemira Oyj		326,217
	2,001	Kesko Oyj - Class A		74,054
	31,775	Kesko Oyj - Class B		1,172,947
	15,462	Konecranes Oyj		545,325
	5,863	Lassila & Tikanoja Oyj		116,477
	1,266	Lemminkainen Oyj		25,714
	75,818	Metsa Board Oyj		301,656
	67,391	Metso Oyj		2,110,485
	63,752	Neste Oil Oyj		1,139,273
	52,206	Nokian Renkaat Oyj		2,203,854
	10,195	Okmetic Oyj		65,175
	5,138	Olvi Oyj - Class A		191,605
	27,673	Oriola-KD Oyj - Class B		98,159
	10,430	Orion Oyj - Class A		272,338
	18,446	Orion Oyj - Class B		482,141
	72,600	Outokumpu Oyj(b)		42,329
	20,275	Outotec Oyj		207,002
	13,413	PKC Group Oyj		419,512
	132,675	Pohjola Bank Plc - Class A		2,612,523
	766	Ponsse Oyj		9,763
	4,495	Poyry Oyj(b)		25,402
	43,685	Raisio Plc - V Shares		265,133
	26,580	Ramirent Oyj		315,110
	6,650	Rapala VMC Oyj		45,741
	85,675	Rautaruukki Oyj		1,015,690
	722	Saga Furs Oyj		31,599
	11,713	Sanoma Oyj		92,494
	740	Sievi Capital Plc		1,228
	1,969	SRV Group Plc		11,021
	13,081	Stockmann Oyj Abp - Class B		198,478

Shares			Value
FINLAND (continued)
	319,193	Stora Enso Oyj - Class R	$	2,987,659
	163,338	Talvivaara Mining Co. Plc(b)		14,297
	5,454	Technopolis Oyj		33,396
	675	Teleste Oyj		4,270
	15,464	Tieto Oyj		339,543
	16,032	Tikkurila Oyj		402,178
	307,226	UPM-Kymmene Oyj		4,715,398
	7,802	Uponor Oyj		125,009
	3,176	Vacon Oyj		231,866
	3,684	Vaisala Oyj - Class A		114,577
	67,391	Valmet Corp.(b)		568,522
	70,509	Wartsila Oyj Abp		3,829,520
	93,678	YIT Oyj		1,178,793
				34,153,336
FRANCE — 2.0%
	3,657	ABC Arbitrage		24,316
	24,037	Accor SA		1,147,143
	542	Affine SA REIT		11,192
	61,626	Air France-KLM(b)		709,142
	1,491	Akka Technologies SA		47,056
	8,030	ALBIOMA		196,025
	1,039,619	Alcatel-Lucent(b)		4,202,223
	5,620	Altamir		81,861
	9,534	Alten SA		430,055
	60,387	Altran Technologies SA		552,031
	786	ANF Immobilier REIT		25,230
	4,889	April		110,117
	34,890	Arkema SA		3,724,047
	4,828	Assystem		134,659
	14,002	AtoS		1,225,423
	1,151	Aurea SA		6,830
	653	Axway Software SA		24,308
	10,625	Beneteau SA(b)		162,216
	2,529	Bigben Interactive(b)		25,036
	3,331	BioMerieux		350,329
	132,613	Boiron SA(d)		9,389,955
	2,516	Bollore SA		1,357,340
	13	Bollore SA(b)		6,715
	11,728	Bonduelle SCA		297,530
	2,288	Bongrain SA		185,151
	22,662	Bourbon SA		625,807
	267	Boursorama(b)		3,119
	2,400	Bull(b)		11,912
	77	Burelle SA		53,275
	1,101	Cegedim SA(b)		34,599
	2,386	Cegid Group		86,565
	124,773	CGG SA(b)		1,859,521
	90	Cie des Alpes		1,912
	2,926	Ciments Francais SA		231,412
	10,437	Club Mediterranee SA(b)		244,368
	19,052	Derichebourg SA(b)		65,755
	126	Devoteam SA		2,495
	22,092	Edenred		617,366
	17,202	Eiffage SA		999,825
	494	Electricite de Strasbourg		68,358

Shares			Value
FRANCE (continued)
	280	Eramet	$	26,733
	373	Esso SA Francaise		20,872
	23,686	Etablissements Maurel et Prom		383,186
	42,035	Euler Hermes SA		5,159,060
	29,284	Eutelsat Communications SA		889,243
	1,226	Exel Industries SA - Class A		97,491
	1,098	Faiveley Transport SA		80,071
	16,125	Faurecia(b)		636,453
	1,000	Fimalac		66,748
	539	Fleury Michon SA		43,617
	3,002	Fonciere Des Regions REIT		246,168
	11,234	GameLoft SA(b)		102,575
	202	Gaumont SA		11,442
	1,559	Gecina SA REIT		190,331
	2,835	GL Events		64,466
	257	Groupe Crit		12,756
	152,389	Groupe Eurotunnel SA		1,682,455
	922	Groupe Flo		3,780
	17,014	Groupe Steria SCA		344,204
	1,572	Guerbet		54,276
	8,241	Haulotte Group SA(b)		121,928
	46,382	Havas SA		363,887
	9,817	ICADE REIT		861,942
	15,635	Imerys SA		1,273,869
	116,530	Ingenico		10,009,840
	1,513	Interparfums SA		63,463
	1,695	Ipsen SA		71,154
	33,164	IPSOS		1,423,040
	6,240	Jacquet Metal Service		114,036
	27,960	JCDecaux SA		1,193,707
	31,494	Klepierre REIT		1,366,885
	3,023	Korian SA		96,221
	33,822	Lagardere SCA		1,195,368
	936	Laurent-Perrier		89,504
	1,354	Lectra		14,445
	9,937	LISI		1,668,564
	735	Maisons France Confort		29,947
	2,524	Manitou BF SA		44,254
	467	Manutan International		31,335
	352,023	Medica SA(d)		10,089,000
	3,940	Mersen		123,283
	2,556	METabolic EXplorer SA(b)		10,514
	6,297	Metropole Television SA		136,607
	3,180	Montupet		168,940
	1,975	Mr Bricolage(b)		27,569
	1,519	Naturex		126,507
	171,920	Neopost SA(d)		14,584,622
	144,372	Nexans SA		6,779,029
	10,353	Nexity SA		413,869
	873	Norbert Dentressangle SA		121,027
	7,604	NRJ Group(b)		79,276
	8,658	Orpea		474,792
	1,855	Parrot SA(b)		50,988
	43,829	Peugeot SA(b)		673,588
	1,519	Pierre & Vacances SA(b)		59,391
	29,736	Plastic Omnium SA		770,220

Shares			Value
FRANCE (continued)
	12,927	Rallye SA	$	507,351
	5,662	Remy Cointreau SA		422,903
	97,230	Rexel SA		2,498,121
	188,409	Rubis SCA(d)		12,244,234
	8,266	Saft Groupe SA		289,413
	1,023	Sartorius Stedim Biotech		182,607
	6,172	Schneider Electric SA(b)		498,538
	135,370	SCOR SE		4,392,747
	7,341	SEB SA		575,439
	276	Seche Environnement SA		12,284
	7,940	Societe BIC SA		914,420
	7,186	Societe d’Edition de Canal +		56,891
	696	Societe Internationale de Plantations d’Heveas SA		47,630
	41,718	Societe Television Francaise 1		770,836
	30,878	SOITEC(b)		61,219
	19,387	Solocal Group(b)		34,515
	724	Somfy SA		199,199
	1,699	Sopra Group SA		186,731
	2,498	Ste Industrielle d’Aviation Latecoere SA(b)		54,175
	1,492	Stef SA		119,911
	28,979	Suez Environnement Co.		519,234
	1,654	Sword Group		39,708
	1,560	Synergie SA		35,978
	26,299	Technicolor SA(b)		130,635
	17,738	Teleperformance SA		1,038,275
	155	Tessi SA		20,161
	16,096	Theolia SA(b)		27,570
	82	Thermador Groupe		7,742
	451	Touax SA		11,983
	2,866	Trigano SA(b)		72,901
	47,222	UBISOFT Entertainment(b)		660,451
	34,483	Valeo SA		3,855,008
	55,375	Vallourec SA		2,766,696
	2,243	Valneva SE(b)		15,217
	3,188	Valneva SE - Preference Shares(b)		1,591
	41,456	Veolia Environnement SA		651,935
	602	Vetoquinol SA		29,254
	4,985	Vicat		348,940
	1,404	VIEL & Cie SA		4,317
	808	Vilmorin & Cie SA		105,870
	1,445	Virbac SA		322,930
	107	VM Materiaux SA(b)		4,113
	748	Vranken - Pommery Monopole SA		22,497
	11,613	Zodiac Aerospace		2,047,096
				130,980,023
GABON — 0.0%
	55	Total Gabon		33,753
GEORGIA — 0.0%
	1,613	Bank of Georgia Holdings Plc		57,010

Shares			Value
GERMANY — 3.3%
	30,393	Aareal Bank AG(b)	$	1,120,702
	37,576	ADVA Optical Networking SE(b)		193,594
	10,093	Air Berlin Plc(b)		27,266
	17,687	Aixtron SE(b)		270,034
	2,408	Allgeier SE		53,230
	5,308	Alstria Office REIT AG		68,891
	920	Amadeus Fire AG		74,312
	640	AS Creation Tapeten AG		32,024
	17,899	Aurubis AG		1,036,836
	18,722	Axel Springer SE		1,198,895
	8,917	Balda AG		45,099
	5,210	Bauer AG		133,157
	8,256	BayWa AG		430,922
	10,613	Bechtle AG		783,110
	1,967	Bertrandt AG		292,749
	594	Bijou Brigitte AG		59,228
	155,898	Bilfinger SE		17,979,416
	1,210	Biotest AG		132,546
	23,015	Borussia Dortmund GmbH & Co. KGaA		113,546
	9,611	Brenntag AG		1,659,192
	4,102	CANCOM SE		183,261
	8,816	Carl Zeiss Meditec AG		258,434
	42,074	Celesio AG		1,390,266
	2,761	CENIT AG		41,725
	8,279	CENTROTEC Sustainable AG		213,214
	3,390	Cewe Stiftung & Co. KGaA		199,687
	17,476	Comdirect Bank AG		199,732
	1,794	CompuGroup Medical AG		47,787
	7,207	Constantin Medien AG(b)		15,717
	9,256	CropEnergies AG		71,781
	6,999	CTS Eventim AG		357,667
	3,708	DAB Bank AG		18,504
	419	Delticom AG		18,211
	3,806	Deutsche Beteiligungs AG		113,803
	141,598	Deutsche Lufthansa AG(b)		3,373,564
	20,846	Deutsche Wohnen AG		390,660
	52,450	Deutz AG(b)		521,706
	20,474	Dialog Semiconductor Plc(b)		398,738
	41,937	DMG MORI SEIKI AG		1,356,893
	2,601	Dr Hoenle AG		44,376
	869	Draegerwerk AG & Co. KGaA		88,136
	17,862	Drillisch AG		549,387
	58,135	Duerr AG		4,901,233
	1,652	Eckert & Ziegler AG		59,623
	9,177	Elmos Semiconductor AG		153,228
	216,951	ElringKlinger AG(d)		8,029,045
	4,231	Euromicron AG		84,055
	42,200	Evotec AG(b)		233,354
	99,922	Fielmann AG(d)		10,982,054
	2,910	First Sensor AG(b)		32,422
	31,432	Fraport AG Frankfurt Airport Services Worldwide		2,326,082
	51,919	Freenet AG		1,584,984
	5,957	Fuchs Petrolub SE		458,435

Shares			Value
GERMANY (continued)
	939,581	GEA Group AG(d)	$	44,080,282
	7,461	Gerresheimer AG		501,626
	7,035	Gerry Weber International AG		313,109
	2,345	Gesco AG		232,776
	107,237	GFK SE(d)		5,893,732
	5,545	GFT Technologies AG		51,969
	6,604	Grammer AG		311,919
	3,340	Grenkeleasing AG		311,184
	994	H&R AG(b)		11,714
	4,973	Hamborner AG REIT		49,566
	5,987	Hamburger Hafen und Logistik AG		149,786
	29,934	Hannover Rueck SE		2,377,925
	656	Hansa Group AG(b)		1,138
	1,410	Hawesko Holding AG		75,411
	139,416	Heidelberger Druckmaschinen AG(b)		573,872
	24,960	Hochtief AG		1,990,875
	4,021	Homag Group AG		105,806
	125	Hornbach Baumarkt AG		5,058
	5,907	Hugo Boss AG		748,085
	12,049	Indus Holding AG		475,671
	502	Init Innovation In Traffic Systems AG		16,865
	2,380	Isra Vision AG		128,333
	17,344	Jenoptik AG		292,166
	59,763	K+S AG		1,780,517
	75,344	Kloeckner & Co. SE(b)		1,125,917
	4,129	Koenig & Bauer AG		69,499
	5,774	Kontron AG		40,098
	6,898	Krones AG		551,784
	210	KSB AG		134,534
	4,386	KUKA AG		210,264
	1,128	KWS Saat AG		389,415
	61,859	Lanxess AG		4,067,201
	798	Leifheit AG		36,340
	26,280	Leoni AG		2,040,869
	4,388	LPKF Laser & Electronics AG		115,640
	1,101	Manz AG(b)		101,851
	1,288	Medigene AG(b)		6,570
	151	MLP AG		1,158
	408	Mobotix AG		8,240
	7,734	Morphosys AG(b)		677,592
	207,286	MTU Aero Engines AG		18,409,580
	384	Muehlbauer Holding AG & Co. KGaA		9,932
	3,842	MVV Energie AG		129,543
	1,551	Nemetschek AG		109,466
	2,244	Nexus AG		33,140
	16,879	Nordex SE(b)		225,486
	307,941	NORMA Group SE(d)		16,652,363
	1,021	OHB AG		27,128
	20,788	OSRAM Licht AG(b)		1,218,065
	23,168	Patrizia Immobilien AG(b)		241,507
	1,728	Pfeiffer Vacuum Technology AG		205,323

Shares			Value
GERMANY (continued)
	19,644	PNE Wind AG	$	67,613
	686	Progress-Werk Oberkirch AG		44,271
	669	PSI AG Gesellschaft Fuer Produkte und Systeme der Informationstechnologie		12,424
	1,474	Puma SE		419,368
	1,608	PVA TePla AG		5,964
	75,197	QSC AG		409,732
	870	R Stahl AG		43,409
	19,441	Rational AG(d)		5,986,082
	42,668	Rheinmetall AG		2,737,784
	64,835	Rhoen Klinikum AG		1,911,953
	21,392	SAF-Holland SA(b)		339,439
	9,712	Salzgitter AG		430,291
	819	Schaltbau Holding AG		51,584
	22,076	SGL Carbon SE		824,742
	581	SHW AG		40,747
	5,403	Singulus Technologies AG(b)		18,145
	14,802	Sixt SE		484,376
	840	SKW Stahl-Metallurgie Holding AG		13,425
	1,998	SMA Solar Technology AG		83,779
	1,942	SMT Scharf AG		53,693
	19,351	Software AG		719,285
	25,170	Stada Arzneimittel AG		1,201,384
	11,191	Stroeer Media AG(b)		196,365
	66,797	Suedzucker AG		1,666,659
	328	Surteco SE		11,834
	21,586	Suss Microtec AG(b)		210,692
	481,382	Symrise AG(d)		21,934,710
	30,278	TAG Immobilien AG		366,913
	9,742	Takkt AG		183,291
	1,332	Technotrans AG		13,671
	115,906	Telefonica Deutschland Holding AG		924,497
	1,753	Telegate AG		13,505
	2,222	Tipp24 SE(b)		149,842
	9,954	Tom Tailor Holding AG(b)		204,195
	4,964	Tomorrow Focus AG		27,449
	85,070	TUI AG(b)		1,451,393
	34,543	United Internet AG		1,505,738
	1,887	Vossloh AG		179,398
	6,164	VTG AG		119,256
	9,072	Wacker Chemie AG		1,080,149
	17,355	Wacker Neuson SE		292,585
	62	Washtec AG		907
	5,556	Wincor Nixdorf AG		395,203
	166	XING AG		18,896
				218,567,041
GIBRALTAR — 0.0%
	23,380	888 Holdings Plc		54,923
	124,461	Bwin.Party Digital Entertainment Plc		234,269
				289,192

Shares			Value
GREECE — 0.0%
	811	Aegean Airlines SA(b)	$	7,854
	96	Alapis Holding Industrial and Commercial SA of Pharmaceutical Chemical Products(b)(c)(d)		0
	1,098	Astir Palace Hotel SA(b)		5,450
	2,153	Athens Water Supply & Sewage Co. SA (The)		22,040
	4,816	Bank of Greece		97,236
	57,616	Ellaktor SA(b)		261,096
	3,480	Folli Follie SA(b)		104,900
	10,782	Frigoglass SA(b)		63,984
	17,301	GEK Terna Holding Real Estate Construction SA(b)		77,702
	10,539	Hellenic Exchanges - Athens Stock Exchange SA Holding		103,620
	28,693	Hellenic Petroleum SA		278,242
	22,617	Intracom Holdings SA(b)		18,851
	31,091	Intralot SA-Integrated Lottery Systems & Services		81,769
	13,884	JUMBO SA(b)		235,941
	2,599	Lamda Development SA(b)		18,964
	6,590	Metka SA		104,878
	5,531	Motor Oil (Hellas) Corinth Refineries SA		63,706
	26,955	Mytilineos Holdings SA(b)		211,219
	1,037	OPAP SA		13,357
	618	Piraeus Port Authority		14,586
	22,848	Proton Bank SA(b)(c)(d)		0
	7,731	Public Power Corp. SA		103,226
	5,302	Sarantis SA		47,553
	12,534	T Bank SA(b)(c)(d)		0
	6,226	Terna Energy SA		34,848
	647	Thessaloniki Port Authority SA		20,070
	592	Titan Cement Co. SA(b)		15,889
	31,091	TT Hellenic Postbank SA(b)(c)(d)		0
				2,006,981
GUERNSEY — 0.1%
	7,397	Raven Russia Ltd.(b)		9,637
	934,100	Resolution Ltd.		5,352,983
	86,000	Tethys Petroleum Ltd.(b)		45,558
				5,408,178
HONG KONG — 1.4%
	554,000	361 Degrees International Ltd.		143,427
	66,000	Ajisen China Holdings Ltd.		77,954
	44,000	Allan International Holdings Ltd.		12,978
	30,000	Allied Group Ltd.		128,288
	1,473,693	Allied Properties HK Ltd.(d)		284,724
	5,193,000	AMVIG Holdings Ltd.(d)		2,133,706
	388,000	Anxin-China Holdings Ltd.		98,452
	121,500	APT Satellite Holdings Ltd.		153,209
	144,000	Asia Financial Holdings Ltd.(d)		58,425

Shares			Value
HONG KONG (continued)
	58,000	Asia Satellite Telecommunications Holdings Ltd.	$	224,117
	421,877	Asia Standard International Group Ltd.		99,440
	174,000	Asian Citrus Holdings Ltd.		46,168
	423,500	ASM Pacific Technology Ltd.		3,971,097
	80,000	Associated International Hotels Ltd.(d)		232,876
	820,000	AVIC International Holding HK Ltd.(b)		33,270
	89,000	Beijing Development HK Ltd.(b)		32,556
	84,000	Beijing Enterprises Holdings Ltd.		714,083
	1,217,000	Beijing Enterprises Water Group Ltd.		689,714
	244,000	Beijing Properties Holdings Ltd.(b)		20,742
	504,000	Bel Global Resources Holdings Ltd.(b)(c)(d)		0
	906,000	Birmingham International Holdings Ltd.(b)(c)(d)		0
	144,000	Bonjour Holdings Ltd.		28,378
	1,392,000	Bosideng International Holdings Ltd.		252,804
	218,000	Bossini International Holdings Ltd.		18,251
	158,000	Brightoil Petroleum Holdings Ltd.(b)		42,737
	56,897	Brilliant Circle Holdings International Ltd.		14,584
	1,864,354	Brockman Mining Ltd.(b)(d)		97,254
	765,791	C C Land Holdings Ltd.		165,709
	106,000	Cafe de Coral Holdings Ltd.		324,944
	23,000	Carnival Group International Holdings Ltd.(b)		1,185
	174,000	Carrianna Group Holdings Co. Ltd.		43,703
	718,800	Century City International Holdings Ltd.		58,328
	1,590,446	Champion Technology Holdings Ltd.		42,610
	276,560	Chaoda Modern Agriculture Holdings Ltd.(b)(d)		27,657
	84,000	Chen Hsong Holdings		25,534
	119,243	Cheuk Nang Holdings Ltd.		112,734
	114,000	Cheung Wo International Holdings Ltd.(b)		11,894
	80,000	Chevalier International Holdings Ltd.		137,046
	2,844,000	Chigo Holding Ltd.(b)		69,234
	1,214,000	China Aerospace International Holdings Ltd.		123,530
	1,145,137	China Agri-Industries Holdings Ltd.		510,340
	136,000	China All Access Holdings Ltd.		61,310
	2,392,000	China Billion Resources Ltd.(b)(c)(d)		0

Shares			Value
HONG KONG (continued)
	1,242,000	China Daye Non-Ferrous Metals Mining Ltd.(b)	$	29,755
	120,000	China Electronics Corp. Holdings Co. Ltd.		27,821
	746,000	China Energine International Holdings Ltd.(b)		75,909
	110,000	China Energy Development Holdings Ltd.(b)		1,020
	480,000	China Environmental Investment Holdings Ltd.(b)		11,190
	3,491,000	China Everbright International Ltd.		4,604,426
	344,000	China Everbright Ltd.		466,122
	232,000	China Fiber Optic Network System Group Ltd.		54,087
	140,000	China Financial Services Holdings Ltd.		10,098
	76,936	China Flavors & Fragrances Co. Ltd.(b)		13,774
	188,000	China Foods Ltd.(b)		66,349
	618,000	China Glass Holdings Ltd.(b)		64,476
	159,000	China Green Holdings Ltd.(b)		13,721
	872,000	China Haidian Holdings Ltd.(b)		84,237
	6,603,000	China High Precision Automation Group Ltd.(b)(c)(d)		1,037,592
	790,000	China High Speed Transmission Equipment Group Co. Ltd.(b)		477,228
	870,000	China Household Holdings Ltd.(b)		114,300
	12,236,000	China Lumena New Materials Corp.		2,174,925
	165,475	China Merchants Holdings International Co. Ltd.		562,681
	216,000	China Metal International Holdings, Inc.		72,892
	193,200	China Metal Recycling Holdings Ltd.(b)(c)(d)		43,996
	694,000	China Mining Resources Group Ltd.(b)		5,721
	632,557	China New Town Development Co. Ltd.(b)		48,885
	740,000	China Nickel Resources Holding Co. Ltd.(b)		30,977
	40,460	China Ocean Resources Co. Ltd.(b)		117,560
	1,060,000	China Oil and Gas Group Ltd.		180,221
	213,000	China Outdoor Media Group Ltd.(b)		8,093
	253,500	China Overseas Grand Oceans Group Ltd.		205,378
	460,000	China Power International Development Ltd.		154,641
	600,000	China Power New Energy Development Co. Ltd.(b)		59,507
	1,128,000	China Precious Metal Resources Holdings Co. Ltd.(b)		162,724
	353,000	China Properties Group Ltd.(b)		84,569

Shares			Value
HONG KONG (continued)
	400,000	China Resources and Transportation Group Ltd.(b)	$	21,381
	650,440	China Resources Cement Holdings Ltd.		444,864
	316,000	China Resources Enterprise Ltd.		940,210
	164,800	China Resources Gas Group Ltd.		511,564
	2,466,600	China Singyes Solar Technologies Holdings Ltd.		2,814,868
	1,230,000	China South City Holdings Ltd.		638,463
	535,000	China Starch Holdings Ltd.		15,574
	275,440	China State Construction International Holdings Ltd.		500,232
	970,000	China Strategic Holdings Ltd.(b)		20,615
	136,400	China Taiping Insurance Holdings Co. Ltd.(b)		238,583
	8,000	China Tianyi Holdings Ltd.		1,195
	126,000	China Traditional Chinese Medical Co. Ltd.(b)		51,609
	1,162,000	China Travel International Investment Hong Kong Ltd.		221,510
	553,000	China Vanadium Titano - Magnetite Mining Co. Ltd.(b)		70,516
	86,000	China Water Affairs Group Ltd.		26,806
	2,340,000	China WindPower Group Ltd.(b)		226,049
	57,000	Chong Hing Bank Ltd.		225,025
	99,000	Chow Sang Sang Holdings International Ltd.		265,869
	198,000	Chu Kong Shipping Enterprise Group Co. Ltd.		55,852
	64,000	Chuang’s China Investments Ltd.		4,287
	413,500	Chuang’s Consortium International Ltd.		56,456
	90,000	CIMC Enric Holdings Ltd.		144,671
	548,000	CITIC Pacific Ltd.		684,665
	1,555,000	CITIC Resources Holdings Ltd.(b)		190,274
	449,000	CITIC Telecom International Holdings Ltd.		135,328
	1,018,000	CK Life Sciences International Holdings, Inc.		99,652
	68,000	Clear Media Ltd.		62,186
	118,000	Coastal Greenland Ltd.(b)		5,168
	151,387	Comba Telecom Systems Holdings Ltd.(b)		51,868
	8,000	Convenience Retail Asia Ltd.		5,389
	156,000	Cosco International Holdings Ltd.		62,691
	431,130	COSCO Pacific Ltd.		551,421
	94,000	Cosmos Machinery Enterprises Ltd.(b)		7,022
	1,010,000	CP Lotus Corp.(b)		23,026
	1,238,000	CP Pokphand Co. Ltd.		117,999
	42,000	Cross-Harbour Holdings Ltd.		34,352
	2,759,335	CSI Properties Ltd.		103,069

Shares			Value
HONG KONG (continued)
	424,000	CSPC Pharmaceutical Group Ltd.	$	351,158
	208,000	CST Mining Group Ltd.(b)		1,634
	85,000	Culturecom Holdings Ltd.(b)		16,422
	391,000	Dah Chong Hong Holdings Ltd.		230,154
	249,040	Dah Sing Banking Group Ltd.		361,188
	89,450	Dah Sing Financial Holdings Ltd.		429,749
	270,000	Dan Form Holdings Co. Ltd.		27,126
	132,000	Dawnrays Pharmaceutical Holdings Ltd.		96,061
	244,000	DBA Telecommunication Asia Holdings Ltd.(b)(c)(d)		23,917
	160,550	Dickson Concepts International Ltd.		90,989
	275,000	Digital China Holdings Ltd.		269,552
	275,000	Dingyi Group Investment Ltd.(b)(c)(d)		7,580
	256,000	DMX Technologies Group Ltd.		41,104
	295,000	Dorsett Hospitality International Ltd.		55,855
	108,000	Dynasty Fine Wines Group Ltd.(b)(c)(d)		3,756
	236,000	EcoGreen Fine Chemicals Group Ltd.		52,284
	168,234	EganaGoldpfeil Holdings Ltd.(b)(c)(d)		0
	62,000	Embry Holdings Ltd.		40,328
	264,000	Emperor Capital Group Ltd.		13,262
	325,000	Emperor Entertainment Hotel Ltd.		181,676
	796,416	Emperor International Holdings Ltd.		209,265
	43,230,000	Emperor Watch & Jewellery Ltd.(d)		2,839,756
	580,000	EPI Holdings Ltd.(b)		19,050
	789,100	Esprit Holdings Ltd.(b)		1,487,986
	504,000	eSun Holdings Ltd.(b)		68,812
	452,000	EVA Precision Industrial Holdings Ltd.		56,472
	9,500	Fairwood Holdings Ltd.		19,284
	394,487	Far East Consortium International Ltd.		145,320
	1,182,000	First Pacific Co. Ltd.		1,170,764
	402,982	Fortune Oil Plc		57,965
	452,000	Fountain SET Holdings Ltd.(b)		61,712
	2,276,000	Franshion Properties China Ltd.		729,957
	78,000	Future Bright Holdings Ltd.		44,205
	1,492,000	GCL-Poly Energy Holdings Ltd.(b)		507,339
	1,310,000	Geely Automobile Holdings Ltd.		536,567
	498,000	Genting Hong Kong Ltd.(b)(d)		201,412
	1,358,000	Get Nice Holdings Ltd.		58,596
	456,000	Giordano International Ltd.		327,736
	1,383,200	Global Bio-Chem Technology Group Co. Ltd.(b)		96,206

Shares			Value
HONG KONG (continued)
	128,000	Global Sweeteners Holdings Ltd.(b)	$	7,749
	1,757,000	Glorious Property Holdings Ltd.(b)		282,883
	122,000	Glorious Sun Enterprises Ltd.		28,285
	220,000	Gold Peak Industries Holding Ltd.		21,536
	220,000	Goldbond Group Holdings Ltd.		11,618
	1,302,175	Golden Meditech Holdings Ltd.		117,407
	140,000	Goldin Properties Holdings Ltd.(b)		63,654
	98,000	Goldlion Holdings Ltd.		45,947
	16,000	Good Friend International Holdings, Inc.		4,534
	219,960	Great Eagle Holdings Ltd.		721,036
	8,121,000	G-Resources Group Ltd.(b)		207,110
	584,000	Guangdong Investment Ltd.		541,590
	206,666	Guangdong Land Holdings Ltd.		39,396
	184,000	Guangnan Holdings Ltd.		24,174
	3,000	Guoco Group Ltd.		36,284
	216,000	Guotai Junan International Holdings Ltd.		112,955
	142,000	Haier Electronics Group Co. Ltd.		415,183
	226,738	Haitong International Securities Group Ltd.		118,278
	3,316,000	Hanergy Solar Group Ltd.(b)		469,821
	1,232,000	Hao Tian Development Group Ltd.(b)		41,258
	114,000	Harbour Centre Development Ltd.(d)		199,990
	2,439,359	Heng Tai Consumables Group Ltd.(b)		52,471
	953,400	Hengdeli Holdings Ltd.		202,621
	426,000	Hi Sun Technology (China) Ltd.(b)		109,740
	2,008,035	HKC Holdings Ltd.(b)		64,143
	365,200	HKR International Ltd.		168,399
	186,000	Hon Kwok Land Investment Co. Ltd.		63,966
	5,200	Hong Kong Aircraft Engineering Co. Ltd.		67,312
	50,000	Hong Kong Ferry (Holdings) Co. Ltd.		49,267
	227,000	Hong Kong Television Network Ltd.(b)		85,083
	316,651	Hongkong & Shanghai Hotels (The)		433,958
	727,700	Hongkong Chinese Ltd.		177,149
	102,500	Hopewell Highway Infrastructure Ltd.		47,792
	304,000	Hopewell Holdings Ltd.		1,055,256
	400,000	Hopson Development Holdings Ltd.(b)		371,983
	376,000	Hsin Chong Construction Group Ltd.		50,851
	473,280	Hua Han Bio-Pharmaceutical Holdings Ltd.		110,947

	Shares		Value
HONG KONG (continued)
	487,000	Huabao International Holdings Ltd.	$	247,144
	259,631	Hung Hing Printing Group Ltd.		37,789
	1,402,000	Hutchison Harbour Ring Ltd.		113,766
	1,441,000	Hutchison Telecommunications Hong Kong Holdings Ltd.		528,974
	47,000	Hysan Development Co. Ltd.		185,850
	2,136,000	Imagi International Holdings Ltd.(b)		24,486
	199,000	Inspur International Ltd.		40,755
	598,000	Integrated Waste Solutions Group Holdings Ltd.(b)		30,810
	352,500	Interchina Holdings Co.(b)		22,247
	1,446,250	International Standard Resources Holdings Ltd.(b)		24,217
	144,000	IRC Ltd.(b)		13,169
	398,000	IT Ltd.		100,989
	99,000	ITC Properties Group Ltd.		39,147
	134,000	Jinhui Holdings Co. Ltd.(b)		31,930
	842,500	Johnson Electric Holdings Ltd.		753,104
	454,000	Ju Teng International Holdings Ltd.		302,324
	666,881	K Wah International Holdings Ltd.		520,531
	1,940,000	Kai Yuan Holdings Ltd.(b)		45,728
	42,000	Keck Seng Investments		27,157
	323,000	Kerry Properties Ltd.		1,038,003
	278,000	King Stone Energy Group Ltd.(b)		10,563
	396,200	Kingboard Chemical Holdings Ltd.		889,993
	591,500	Kingboard Laminates Holdings Ltd.		220,180
	196,000	Kingmaker Footwear Holdings Ltd.		38,625
	1,696,000	Kingston Financial Group Ltd.		190,051
	417,000	Kowloon Development Co. Ltd.		485,009
	767,000	KWG Property Holding Ltd.		399,119
	2,412,000	Lai Fung Holdings Ltd.		60,270
	8,286,750	Lai Sun Development(b)		208,135
	603,200	Lai Sun Garment International Ltd.(b)		95,564
	9,000	Lam Soon Hong Kong Ltd.		8,115
	208,000	Landsea Green Properties Co. Ltd.(b)		19,022
	116,000	Le Saunda Holdings Ltd.		56,029
	68,000	Lee & Man Chemical Co. Ltd.		31,356
	807,200	Lee & Man Paper Manufacturing Ltd.		541,682
	15,000	Lee’s Pharmaceutical Holdings Ltd.		14,123
	74,000	Lerado Group Holding Co. Ltd.		9,436
	92,000	Lifestyle International Holdings Ltd.		164,950
	3,159,000	Lijun International Pharmaceutical Holding Co. Ltd.		1,025,359

	Shares		Value
HONG KONG (continued)
	1,924,000	Lippo China Resources Ltd.	$	95,409
	102,000	Lippo Ltd.		58,070
	156,000	Liu Chong Hing Investment Ltd.		307,025
	62,500	LK Technology Holdings Ltd.(b)		7,889
	705,600	Loudong General Nice Resources China Holdings Ltd.(b)		46,350
	170,000	Luen Thai Holdings Ltd.		53,646
	80,000	Luk Fook Holdings International Ltd.		259,151
	96,000	Lung Kee (Bermuda) Holdings		34,870
	1,658,000	Magnificent Estates		76,880
	59,200	Man Wah Holdings Ltd.		108,277
	38,000	Man Yue Technology Holdings Ltd.		4,846
	580,000	Mei Ah Entertainment Group Ltd.(b)		8,890
	114,000	Melco International Development Ltd.		414,810
	196,000	Midland Holdings Ltd.		89,874
	388,000	MIE Holdings Corp.		68,966
	108,000	MIN XIN Holdings Ltd.		56,338
	1,210,000	Ming Fung Jewellery Group Ltd.(b)		21,196
	642,000	Mingfa Group International Co. Ltd.(b)		168,691
	780,000	Minmetals Land Ltd.		95,443
	42,000	Miramar Hotel & Investment Co. Ltd.		53,015
	6,221,148	Nan Hai Corp. Ltd.(b)		46,476
	10,000	Natural Beauty Bio-Technology Ltd.		573
	68,000	Nature Flooring Holding Co. Ltd.		11,036
	478,000	Neo-Neon Holdings Ltd.(b)		104,050
	1,650,000	Neptune Group Ltd.(b)		64,820
	69,500	NetDragon Websoft, Inc.		141,797
	872,000	New Century Group Hong Kong Ltd.		17,072
	1,235,100	New World China Land Ltd.		650,655
	78,000	New World Department Store China Ltd.		39,584
	478,000	Newocean Energy Holdings Ltd.		407,579
	434,000	Next Media Ltd.(b)		50,310
	812,000	Nine Dragons Paper Holdings Ltd.		694,464
	260,000	North Asia Resources Holdings Ltd.(b)		5,191
	141,000	NWS Holdings Ltd.		204,858
	625,000	Orange Sky Golden Harvest Entertainment Holdings Ltd.(b)		42,666
	162,000	Orient Overseas International Ltd.		676,061
	113,200	Oriental Watch Holdings		29,015

	Shares		Value
HONG KONG (continued)
	66,000	Overseas Chinese Town Asia Holdings Ltd.	$	25,673
	718,164	Pacific Andes International Holdings Ltd.		29,137
	10,728,000	Pacific Basin Shipping Ltd.(d)		6,632,628
	236,000	Pacific Textile Holdings Ltd.		334,980
	323,240	Paliburg Holdings Ltd.		104,086
	59,000	PAX Global Technology Ltd.(b)		28,270
	989,000	PCCW Ltd.		450,947
	48,000	Peace Mark Holdings Ltd.(b)(c)(d)		0
	477,800	Pearl Oriental Oil Ltd.(b)		14,770
	296,000	Phoenix Satellite Television Holdings Ltd.		108,277
	368,000	Pico Far East Holdings Ltd.		105,701
	60,000	Playmates Holdings Ltd.		82,691
	76,000	Playmates Toys Ltd.(b)		36,121
	990,977	PNG Resources Holdings Ltd.		9,956
	1,329,000	Poly Property Group Co. Ltd.		635,074
	1,200,000	Polytec Asset Holdings Ltd.		174,657
	13,000	Ports Design Ltd.		9,343
	496,000	Pou Sheng International Holdings Ltd.(b)		22,680
	560,000	Prosperity International Holdings (Hong Kong) Ltd.(b)		20,557
	88,000	Public Financial Holdings Ltd.		41,825
	2,696,000	PYI Corp. Ltd.		60,769
	405,000	Real Nutriceutical Group Ltd.		87,116
	386,200	Regal Hotels International Holdings Ltd.		201,959
	133,000	Regent Manner International Holdings Ltd.		21,413
	5,081,033	REXLot Holdings Ltd.		798,431
	86,000	Rising Development Holdings Ltd.(b)		20,825
	176,000	SA SA International Holdings Ltd.		168,433
	390,000	Samson Holding Ltd.		56,261
	58,000	SAS Dragon Holding Ltd.		32,049
	92,000	SEA Holdings Ltd.(d)		50,717
	259,516	Shanghai Industrial Holdings Ltd.		864,073
	1,059,000	Shanghai Industrial Urban Development Group Ltd.(b)		230,520
	3,660,000	Shanghai Zendai Property Ltd.(b)		61,756
	248,000	Shangri-La Asia Ltd.		412,066
	150,000	Shenyin Wanguo HK Ltd.		50,040
	4,515,000	Shenzhen International Holdings Ltd.		587,361
	1,144,380	Shenzhen Investment Ltd.		409,771
	689,629	Shimao Property Holdings Ltd.		1,506,493
	3,156,000	Shougang Concord International Enterprises Co. Ltd.(b)		156,503
	508,000	Shougang Concord Technology Holdings(b)		27,809

	Shares		Value
HONG KONG (continued)
	1,558,000	Shougang Fushan Resources Group Ltd.	$	429,444
	1,163,750	Shun Tak Holdings Ltd.		674,525
	370,000	Silver Grant International Ltd.		47,657
	507,000	SIM Technology Group Ltd.(b)		24,489
	854,000	Singamas Container Holdings Ltd.		193,596
	548,000	Sino Biopharmaceutical Ltd.		464,443
	3,935,000	Sino Oil And Gas Holdings Ltd.(b)		102,888
	1,400,000	Sinofert Holdings Ltd.		205,569
	212,000	Sinopec Kantons Holdings Ltd.		244,937
	914,000	Sinotrans Shipping Ltd.		300,201
	38,000	SIS International Holdings(d)		14,659
	905,278	Skyworth Digital Holdings Ltd.		495,560
	106,910	SmarTone Telecommunications Holding Ltd.		117,736
	1,267,934	SMI Corp. Ltd.(b)		43,278
	122,843	SOCAM Development Ltd.		118,669
	731,000	Solargiga Energy Holdings Ltd(b)		36,720
	366,000	Solomon Systech International Ltd.(b)		19,564
	20,000	Soundwill Holdings Ltd.		35,550
	696,000	South China China Ltd.(b)(d)		61,856
	360,000	Sparkle Roll Group Ltd.(b)		28,749
	1,413,428	SRE Group Ltd.(b)		42,601
	94,000	Stella International Holdings Ltd.		221,325
	60,500	Stelux Holdings International Ltd.		17,767
	204,000	Success Universe Group Ltd.(b)		12,218
	16,000	Sun Hing Vision Group Holdings Ltd.		4,946
	371,801	Sun Hung Kai & Co. Ltd.		215,501
	1,802,000	Superb Summit International Group Ltd.(b)		150,867
	302,000	TAI Cheung Holdings Ltd.(d)		215,109
	6,000	Tan Chong International Ltd.		2,318
	6,000	Tao Heung Holdings Ltd.		4,305
	698,000	TCC International Holdings Ltd.		348,829
	228,000	TCL Multimedia Technology Holdings Ltd.		105,721
	256,000	Techtronic Industries Co.		661,120
	79,000	Television Broadcasts Ltd.		494,017
	108,000	Texhong Textile Group Ltd.		120,606
	144,000	Texwinca Holdings Ltd.		138,180
	185,800	Tian An China Investment		163,453
	106,000	Tianjin Development Holdings Ltd.(b)		66,218
	986,000	Tianjin Port Development Holdings Ltd.		142,240
	488,000	Tianneng Power International Ltd.		216,224
	215,000	Tibet 5100 Water Resources Holdings Ltd.		93,601

Shares			Value
HONG KONG (continued)
	2,380,000	Titan Petrochemicals Group Ltd.(b)(c)(d)	$	766
	124,252	Tomson Group Ltd.		35,849
	1,740,000	Tongda Group Holdings Ltd.		186,017
	276,000	Town Health International Investments Ltd.(b)		89,585
	203,000	Towngas China Co. Ltd.		237,153
	500,000	TPV Technology Ltd.		103,686
	154,000	Tradelink Electronic Commerce Ltd.		44,829
	84,000	Transport International Holdings Ltd.(d)		169,000
	472,000	Trinity Ltd.		135,573
	394,000	Truly International Holdings Ltd.		217,710
	128,000	TSC Group Holdings Ltd.(b)		59,023
	20,000	Tse Sui Luen Jewellery International Ltd.		7,805
	1,230,000	United Energy Group Ltd.(b)		183,776
	288,500	United Laboratories International Holdings Ltd. (The)(b)		165,732
	230,000	Universal Technologies Holdings Ltd.(b)		13,331
	44,000	Up Energy Development Group Ltd.(b)		2,579
	277,000	Value Partners Group Ltd.		180,176
	188,000	Varitronix International Ltd.		204,374
	348,000	Vedan International Holdings Ltd.		19,274
	666,621	Victory City International Holdings Ltd.		101,318
	244,000	Vitasoy International Holdings Ltd.		339,421
	761,200	VODone Ltd.(b)		143,145
	483,600	VST Holdings Ltd.		125,824
	30,400	VTech Holdings Ltd.		367,676
	3,680,000	Wang On Group Ltd.		63,515
	178,000	Wasion Group Holdings Ltd.		107,298
	396,000	Welling Holding Ltd.		124,455
	96,000	Win Hanverky Holdings Ltd.		15,456
	50,412	Wing Hang Bank Ltd.		718,149
	77,000	Wing On Co. International Ltd.(d)		202,819
	230,000	Wing Tai Properties Ltd.(d)		139,236
	838,000	Xinyi Glass Holdings Ltd.		682,161
	221,500	XTEP International Holdings		111,552
	1,040,000	Yanchang Petroleum International Ltd.(b)		56,931
	230,000	Yeebo International Holdings(d)		34,661
	45,000	YGM Trading Ltd.		97,375
	2,427,000	Yingde Gases Group Co. Ltd.		2,138,216
	98,000	Yip’s Chemical Holdings Ltd.		79,397
	45,000	Youyuan International Holdings Ltd.		12,404

Shares			Value
HONG KONG (continued)
	204,000	Yue Yuen Industrial Holdings Ltd.	$	630,619
	3,396,200	Yuexiu Property Co. Ltd.		695,530
	116,191	Yuexiu Transport Infrastructure Ltd.		57,468
	906,000	Yugang International Ltd.(b)		6,302
	306,000	Zhuhai Holdings Investment Group Ltd.(b)		54,785
				94,316,490
HUNGARY — 0.0%
	24,646	Magyar Telekom Telecommunications Plc		33,012
	1,122	Richter Gedeon Nyrt		22,688
				55,700
INDIA — 0.9%
	355	3M India Ltd.(b)		20,454
	1,375	Aban Offshore Ltd.		9,847
	2,753	ABB India Ltd.		25,480
	2,732	ABG Shipyard Ltd.(b)		12,937
	17,582	ACC Ltd.		283,661
	43,270	Adani Enterprises Ltd.(b)		164,952
	47,479	Adani Power Ltd.(b)		24,704
	25,742	Aditya Birla Nuvo Ltd.		453,191
	136,411	AIA Engineering Ltd.(d)		1,113,626
	1,605	Ajanta Pharma Ltd.		24,182
	623	Akzo Nobel India Ltd.		7,726
	20,592	Alembic Pharmaceuticals Ltd.		73,126
	36,030	Allahabad Bank		45,688
	810	Allcargo Logistics Ltd.		1,662
	241,287	Alok Industries Ltd.		26,957
	1,082	Alstom India Ltd.		5,496
	573,838	Amara Raja Batteries Ltd.(d)		3,048,929
	103,213	Ambuja Cements Ltd.		262,171
	25,289	Amtek Auto Ltd.		26,135
	44,785	Anant Raj Ltd.(b)		36,275
	229,025	Apollo Hospitals Enterprise Ltd.(d)		3,400,192
	99,796	Apollo Tyres Ltd.		180,463
	71,434	Arvind Ltd.		169,136
	287,392	Ashok Leyland Ltd.(b)		75,454
	59,016	Aurobindo Pharma Ltd.(b)		444,162
	809,115	Bajaj Electricals Ltd.(d)		2,708,027
	8,626	Bajaj Finance Ltd.		210,800
	12,411	Bajaj Finserv Ltd.		134,727
	123,405	Bajaj Hindusthan Ltd.		24,128
	22,227	Bajaj Holdings and Investment Ltd.(d)		328,660
	12,115	Balkrishna Industries Ltd.		63,036
	189,807	Ballarpur Industries Ltd.		35,898
	41,078	Balrampur Chini Mills Ltd.		24,127
	20,918	Bank of Baroda		183,089
	25,201	Bank of India		77,105
	11,554	Bank of Maharashtra		6,417
	4,339	BASF India Ltd.		40,717

Shares			Value
INDIA (continued)
	3,947	Bata India Ltd.	$	59,912
	819,119	Berger Paints India Ltd.(d)		2,657,839
	2,479	Bharat Electronics Ltd.(b)		36,737
	26,138	Bharat Forge Ltd.(b)		144,676
	12,574	Bharat Petroleum Corp. Ltd.		72,789
	64,810	Bhushan Steel Ltd.		480,528
	14,324	Biocon Ltd.		99,734
	8,906	Birla Corp. Ltd.		33,674
	1,274	Blue Dart Express Ltd.		67,322
	8,842	Bombay Dyeing & Manufacturing Co. Ltd.		7,910
	4,107	Bombay Rayon Fashions Ltd.(b)		12,294
	11	Bosch Ltd.		1,575
	10,113	Britannia Industries Ltd.		142,450
	9,549	Cadila Healthcare Ltd.		124,958
	43,985	Canara Bank		155,252
	7,476	Carborundum Universal Ltd.		16,323
	29,868	Century Plyboards India Ltd.(b)		11,441
	9,156	Century Textiles & Industries Ltd.		43,270
	6,433	CESC Ltd.		44,950
	39,829	Chambal Fertilizers & Chemicals Ltd.		24,665
	9,705	Cholamandalam Investment and Finance Co. Ltd.		37,996
	10,133	City Union Bank Ltd.		7,908
	1,522	CMC Ltd.		34,189
	10,128	Colgate-Palmolive India Ltd.		210,109
	3,973	Container Corp. of India		46,591
	6,273	Corp Bank		24,890
	160,239	CRISIL Ltd.(d)		2,827,040
	19,689	Crompton Greaves Ltd.		36,390
	13,480	Cummins India Ltd.		93,858
	128,260	Dabur India Ltd.		352,098
	2,774	Dalmia Bharat Ltd.		7,547
	6,484	DB Corp. Ltd.		32,567
	18,464	DB Realty Ltd.(b)		15,603
	27,921	DCB Bank Ltd.(b)		22,638
	29,801	Delta Corp Ltd.		48,848
	43,420	Dena Bank		37,249
	4,950	Divi’s Laboratories Ltd.		103,930
	106,331	DLF Ltd.		233,349
	3,496	Educomp Solutions Ltd.(b)		1,317
	3,504	Eicher Motors Ltd.		259,835
	25,575	EID Parry India Ltd.		52,003
	1,898	Elder Pharmaceuticals Ltd.(b)		5,998
	345,542	Emami Ltd.(b)(d)		2,516,768
	4,147	Era Infra Engineering Ltd.(b)		956
	27,309	Escorts Ltd.		54,069
	28,288	Essar Oil Ltd.(b)		20,249
	20,369	Essar Ports Ltd.		17,864
	31,009	Essar Shipping Ltd.(b)		8,463
	36,761	Exide Industries Ltd.		59,317
	4,776	FDC Ltd.		9,311
	304,245	Federal Bank Ltd.		384,828

Shares			Value
INDIA (continued)
	6,289	Federal-Mogul Goetze India Ltd.(b)	$	18,896
	14,606	Finolex Cables Ltd.		19,757
	1,319,085	Fortis Healthcare Ltd.(b)(d)		2,126,368
	9,586	Future Capital Holdings Ltd.(b)		19,721
	29,363	Gammon India Ltd.(b)		5,952
	29,067	Gateway Distriparks Ltd.		58,245
	1,177	Gillette India Ltd.		38,538
	1,104	GlaxoSmithKline Consumer Healthcare Ltd.		75,107
	1,628	GlaxoSmithKline Pharmaceuticals Ltd.		77,538
	14,696	Glenmark Pharmaceuticals Ltd.		131,174
	22,105	GMR Infrastructure Ltd.		7,162
	273	Godfrey Phillips India Ltd.		11,089
	30,654	Godrej Consumer Products Ltd.		368,748
	23,771	Godrej Industries Ltd.		103,385
	11,964	Godrej Properties Ltd.		31,010
	3,081	Gokul Refoils & Solvent Ltd.(b)		784
	29,016	Great Eastern Shipping Co. Ltd. (The)		135,945
	2,596	Grindwell Norton Ltd.		10,108
	16,010	Gruh Finance Ltd.		66,961
	15,133	Gujarat Alkalies & Chemicals(b)		47,919
	8,892	Gujarat Flourochemicals Ltd.		33,550
	26,956	Gujarat Narmada Valley Fertilizers Co. Ltd.(b)		30,783
	35,352	Gujarat NRE Coke Ltd.(b)		5,332
	659,082	Gujarat Pipavav Port Ltd.(b)(d)		650,614
	1,715	Gujarat State Fertilisers & Chemicals Ltd.		1,281
	62,535	Gujarat State Petronet Ltd.		55,444
	3,304	Gulf Oil Corp Ltd.(b)		4,938
	1,500	Hathway Cable & Datacom Ltd.(b)		6,105
	6,229	Havells India Ltd.		77,416
	2,793	HBL Power Systems Ltd.(b)		490
	11,965	HCL Infosystems Ltd.(b)		4,555
	849	HEG Ltd.(b)		2,662
	18,832	Hexa Tradex Ltd.(b)(d)		6,026
	137,134	Hexaware Technologies Ltd.		295,258
	270,854	Hindalco Industries Ltd.		473,578
	375	Hinduja Ventures Ltd.		1,541
	430	Honeywell Automation India Ltd.		17,749
	28,793	Housing Development & Infrastructure Ltd.(b)		19,416
	722,385	HSIL Ltd.(d)		1,035,355
	11,894	HT Media Ltd.		14,095
	1,883	HTMT Global Solutions Ltd.(b)		16,412
	49,378	ICRA Ltd.(d)		1,228,795
	42,678	IDBI Bank Ltd.		37,838
	173,718	IDFC Ltd.		258,407
	92,087	India Cements Ltd. (The)		78,999
	71,115	India Infoline Ltd.		71,790
	29,515	Indiabulls Housing Finance Ltd.		97,182
	7,546	Indian Bank		11,996

	Shares		Value
INDIA (continued)
	51,509	Indian Hotels Co. Ltd.	$	47,641
	11,703	Indian Overseas Bank		8,657
	45,438	IndusInd Bank Ltd.		278,335
	3,468	Info Edge India Ltd.		27,371
	16,196	Infotech Enterprises Ltd.		92,141
	23,454	ING Vysya Bank Ltd.		196,152
	295,730	Ipca Laboratories Ltd.(d)		3,913,095
	16,998	Jai Corp. Ltd.		17,254
	29,744	Jain Irrigation Systems Ltd. - DVR		30,026
	495,884	Jaiprakash Associates Ltd.		318,559
	9,638	Jammu & Kashmir Bank Ltd.(b)		213,234
	75,459	Jaypee Infratech Ltd.		22,943
	9,049	Jet Airways India Ltd.(b)		34,214
	6,226	Jindal Poly Films Ltd.		13,882
	1,556	Jindal Poly Investments and Finance Co. Ltd.(b)		1,163
	91,841	Jindal Saw Ltd.		75,563
	38,734	Jindal Steel & Power Ltd.(b)		154,738
	104,984	JM Financial Ltd.		41,890
	59,754	JSW Energy Ltd.		42,058
	38,189	JSW Steel Ltd.		559,136
	142,308	Jubilant Foodworks Ltd.(b)(d)		2,434,261
	20,101	Jubilant Organosys Ltd.(b)		43,198
	90,563	Kakinada Fertilizers Ltd.(b)(c)(d)		3,038
	30,858	Karnataka Bank Ltd.		47,108
	7,275	Karur Vysya Bank Ltd.		37,574
	24,476	KPIT Technologies Ltd.		62,894
	298	Lakshmi Machine Works Ltd.		12,800
	81,905	LIC Housing Finance Ltd.		255,892
	11,875	Maharashtra Seamless Ltd.		31,661
	49,550	Mahindra & Mahindra Financial Services Ltd.		191,976
	531	Mahindra Lifespace Developers Ltd.		3,149
	3,619	Manaksia Ltd.(b)		3,642
	942	Marico Kaya Enterprises Ltd.(b)(c)(d)		2,443
	47,116	Marico Ltd.		160,926
	45,106	MAX India Ltd.		136,747
	1,025	Merck Ltd.		9,222
	2,275	MindTree Ltd.		51,914
	11,604	Monnet Ispat & Energy Ltd.(d)		17,224
	70,479	Motherson Sumi Systems Ltd.		229,587
	11,049	Mphasis Ltd.		65,328
	201	MRF Ltd.		62,345
	82,330	Nagarjuna Oil Refinery Ltd.(b)(d)		4,928
	40,976	National Aluminium Co. Ltd.		21,942
	165,649	NHPC Ltd.		47,325
	16,197	NIIT Technologies Ltd.		104,012
	6,848	Oil India Ltd.		51,829
	47,831	OMAXE Ltd.		94,051
	6,434	Oracle Financial Sevices Software Ltd.(b)		328,991

	Shares		Value
INDIA (continued)
	21,487	Orchid Chemicals & Pharmaceuticals Ltd.(b)	$	15,964
	8,317	Orient Cement Ltd.		4,765
	16,955	Oriental Bank of Commerce		47,194
	483	Orissa Minerals Development Co. Ltd.		19,157
	14,725	Oswal Chemical & Fertilizers(b)		5,711
	28,655	Page Industries Ltd.(d)		2,605,430
	8,697	Parsvnath Developers Ltd.(b)		3,297
	3,860	Peninsula Land Ltd.(b)		1,975
	104,278	Petronet LNG Ltd.		183,075
	4,125	Phoenix Mills Ltd.		13,365
	465,083	Pidilite Industries Ltd.(d)		2,077,304
	7,053	Plethico Pharmaceuticals Ltd.(b)		4,362
	9,700	Polaris Financial Technology Ltd.		21,024
	1,195	Procter & Gamble Hygiene & Health Care Ltd.		59,135
	31,859	PTC India Ltd.		28,094
	258,563	Radico Khaitan Ltd.(b)(d)		633,666
	14,719	Rain Industries Ltd.		8,669
	24,971	Rajesh Exports Ltd.(b)		31,166
	796,263	Rallis India Ltd.(d)		2,078,506
	21,876	Ramco Cements Ltd. (The)		56,545
	19,421	Ranbaxy Laboratories Ltd.(b)		100,243
	62,060	Redington India Ltd.		64,680
	3,937	Reliance Capital Ltd.(b)		20,368
	121,363	Reliance Communications Ltd.(b)		239,317
	7,440	Reliance Infrastructure Ltd.		44,221
	160,258	Reliance Power Ltd.(b)		158,838
	38,166	Rolta India Ltd.		39,259
	43,842	Ruchi Soya Industries Ltd.		21,867
	9,422	S Mobility Ltd.		4,323
	3,688	Sadbhav Engineering Ltd.(b)		5,003
	612	Sanofi India Ltd.		27,487
	69,699	Sesa Sterlite Ltd.		209,581
	2,527	Shoppers Stop Ltd.		15,580
	1,085	Shree Cement Ltd.		76,831
	142,891	Shree Renuka Sugars Ltd.		42,305
	11,398	Shriram Transport Finance Co. Ltd.		113,734
	11,274	Siemens Ltd.		99,335
	77,746	Sintex Industries Ltd.(b)		42,872
	15,463	SJVN Ltd.		5,183
	161,500	SKF India Ltd.(d)		1,647,736
	5,085	Sobha Developers Ltd.		21,600
	104	Solar Industries India Ltd.		1,478
	426,240	South Indian Bank Ltd.		136,400
	4,416	SRF Ltd.		14,512
	29,868	Star Ferro and Cement Ltd.(b)		7,961
	2,418	Sterlite Technologies Ltd.		824
	97,037	Strides Arcolab Ltd.		581,633
	16,553	Sun TV Network Ltd.(b)		95,242
	9,094	Sundaram Finance Ltd.		87,732

	Shares		Value
INDIA (continued)
	6,405	Supreme Industries Ltd.	$	43,886
	38,891	Syndicate Bank		52,482
	13,597	Tata Chemicals Ltd.		56,988
	5,395	Tata Communications Ltd.		23,765
	4,726	Tata Investment Corp. Ltd.		29,432
	67,509	Tata Power Co. Ltd.		79,679
	99,640	Tata Tea Ltd.(b)		224,232
	1,682	Tech Mahindra Ltd.		47,971
	4,509	Thermax Ltd.		45,605
	10,567	Timken India Ltd.		27,280
	45,835	Titan Co. Ltd.		162,074
	204,762	Torrent Pharmaceuticals Ltd.		1,761,989
	1,291	Trent Ltd.		22,371
	29,890	Triveni Turbine Ltd.		26,548
	697	TTK Prestige Ltd.		36,525
	121,811	TV18 Broadcast Ltd.(b)		39,272
	46,611	TVS Motor Co. Ltd.		57,803
	18,680	UCO Bank		19,692
	10,645	Uflex Ltd.		12,063
	13,600	Unichem Laboratories Ltd.		44,769
	29,635	Union Bank of India		51,177
	324,490	Unitech Ltd.(b)		65,255
	10,211	United Bank of India		4,824
	22,486	United Breweries Ltd.		299,401
	109,894	United Phosphorus Ltd.(b)		331,673
	16,860	Usha Martin Ltd.		8,194
	1,120	Vardhman Special Steels Ltd.(b)		286
	5,603	Vardhman Textiles Ltd.		32,167
	136,756	Vedanta Resources Plc		1,815,365
	23,739	Videocon Industries Ltd.		63,198
	50,641	Vijaya Bank		29,905
	10,213	Voltas Ltd.		17,295
	902	VST Industries Ltd.		23,060
	1,793	WABCO India Ltd.		52,904
	15,809	Wockhardt Ltd.		99,527
	548	Wyeth Ltd.		6,213
	87,855	Yes Bank Ltd.		431,388
	180,211	Zee Entertainment Enterprises Ltd.		766,375
	4,219	Zensar Technologies Ltd.		25,777
	621	Zuari Agro Chemicals Ltd.		1,382
				62,835,828
INDONESIA — 0.3%
	447,000	Adhi Karya Persero Tbk PT		65,165
	815,500	Agung Podomoro Land Tbk PT		15,161
	6,768,500	AKR Corporindo Tbk PT		2,439,099
	421,500	Alam Sutera Realty Tbk PT		17,606
	1,450,000	Aneka Tambang Persero Tbk PT		122,318
	31,960,000	Arwana Citramulia Tbk PT(d)		1,963,145
	77,000	Asahimas Flat Glass Tbk PT(d)		44,775
	165,500	Astra Agro Lestari Tbk PT		291,082
	42,411,000	Bakrie & Brothers Tbk PT(b)(d)		173,673
	9,710,000	Bakrie Sumatera Plantations Tbk PT(b)		39,762

	Shares		Value
INDONESIA (continued)
	9,876,000	Bakrie Telecom Tbk PT(b)	$	40,442
	1,477,666	Bank Bukopin Tbk PT		73,218
	505,316	Bank Danamon Indonesia Tbk PT		179,613
	3,011,250	Bank Pan Indonesia Tbk PT(b)		165,236
	321,500	Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT		24,093
	13,000	Bank Permata Tbk PT(b)		1,342
	1,533,196	Bank Tabungan Negara Persero Tbk PT		113,012
	107,500	Bank Tabungan Pensiunan Nasional Tbk PT(b)		39,839
	495,000	Barito Pacific Tbk PT(b)		14,959
	54,000	Bayan Resources Tbk PT(b)(d)		38,477
	1,863,500	Benakat Integra Tbk PT(b)		16,330
	749,000	Berau Coal Energy Tbk PT(b)		11,471
	223,000	Bisi International PT		9,680
	560,000	Budi Starch & Sweetener Tbk PT(b)		4,770
	3,475,100	Bumi Serpong Damai PT		409,840
	201,000	BW Plantation Tbk PT		20,742
	4,958,000	Central Proteinaprima Tbk PT(b)(d)		20,303
	5,137,500	Ciputra Development Tbk PT		359,751
	938,500	Ciputra Property Tbk PT		51,883
	238,000	Ciputra Surya Tbk PT		33,137
	479,000	Citra Marga Nusaphala Persada Tbk PT(b)		129,852
	11,917,500	Darma Henwa Tbk PT(b)(d)		48,802
	2,223,500	Delta Dunia Makmur Tbk PT(b)		17,118
	393,500	Elnusa Tbk PT		13,084
	25,671,500	Energi Mega Persada Tbk PT(b)		149,277
	524,500	Exploitasi Energi Indonesia Tbk PT(b)		10,911
	36,500	Fajar Surya Wisesa Tbk PT(b)		5,291
	947,000	Gajah Tunggal Tbk PT		146,199
	24,500	Garda Tujuh Buana Tbk PT(b)		1,445
	2,628,000	Global Mediacom Tbk PT		398,182
	1,193,400	Gozco Plantations Tbk PT(b)		9,872
	91,500	Harum Energy Tbk PT		17,948
	72,500	Hexindo Adiperkasa Tbk PT		20,485
	1,387,000	Holcim Indonesia Tbk PT		235,710
	632,500	Indah Kiat Pulp and Paper Corp. Tbk PT(b)		66,565
	876,000	Indika Energy Tbk PT		38,742
	31,000	Indo Tambangraya Megah Tbk PT		68,043
	396,000	Indosat Tbk PT		137,514
	215,723	Inovisi Infracom Tbk PT(b)		21,643
	1,594,500	Intiland Development Tbk PT		42,311
	1,897,500	Japfa Comfeed Indonesia Tbk PT		216,014
	561,000	Jasa Marga Persero Tbk PT		237,770
	12,650,935	Kawasan Industri Jababeka Tbk PT		211,367

	Shares		Value
INDONESIA (continued)
	174,600	Lippo Cikarang Tbk PT(b)	$	79,721
	13,300,750	Lippo Karawaci Tbk PT		1,034,866
	6,509,500	Malindo Feedmill Tbk PT		1,740,665
	1,437,300	Matahari Putra Prima Tbk PT		236,019
	1,019,667	Mayora Indah Tbk PT(d)		2,254,792
	611,400	Medco Energi Internasional Tbk PT		118,925
	1,385,500	Media Nusantara Citra Tbk PT		253,611
	272,000	Mitra Adiperkasa Tbk PT		121,409
	1,688,500	Mitra International Resources Tbk PT(b)		7,882
	4,947,000	MNC Investama Tbk PT		121,548
	23,455,000	Nippon Indosari Corpindo Tbk PT(d)		2,026,620
	950,000	Nusantara Infrastructure Tbk PT(b)		20,463
	4,190,800	Pakuwon Jati Tbk PT		105,371
	4,283,000	Panin Financial Tbk PT(b)		77,873
	705,500	Panin Insurance Tbk PT		39,002
	480,500	Pembangunan Perumahan Persero Tbk PT		53,127
	1,369,000	Perusahaan Perkebunan London Sumatra Indonesia Tbk PT		185,561
	827,000	Polychem Indonesia Tbk PT(b)		13,613
	1,383,000	Ramayana Lestari Sentosa Tbk PT		143,850
	77,500	Resource Alam Indonesia Tbk PT		10,822
	7,234,000	Sampoerna Agro Tbk PT(d)		1,063,475
	5,557,500	Selamat Sempurna Tbk PT(d)		1,410,995
	7,450,000	Sentul City Tbk PT(b)		94,574
	117,500	Sinar Mas Agro Resources & Technology Tbk PT(d)		68,325
	5,000	Sinar Mas Multiartha Tbk PT(d)		1,331
	467,500	Sugih Energy Tbk PT(b)		17,038
	3,524,000	Summarecon Agung Tbk PT		275,628
	225,000	Surya Citra Media Tbk PT		48,833
	2,121,000	Surya Semesta Internusa Tbk PT		116,386
	145,000	Tambang Batubara Bukit Asam Persero Tbk PT		109,848
	579,000	Tiga Pilar Sejahtera Food Tbk		73,738
	1,562,000	Timah Persero Tbk PT		163,748
	60,500	Tower Bersama Infrastructure Tbk PT(b)		30,721
	4,875,000	Truba Alam Manunggal Engineering PT(b)(c)(d)		15,971
	1,152,000	Tunas Baru Lampung Tbk PT		43,495
	539,500	Tunas Ridean Tbk PT		26,732
	1,094,000	Vale Indonesia Tbk PT		206,525
	1,060,000	Visi Media Asia Tbk PT(b)		23,613
	958,252	Wijaya Karya Persero Tbk PT		153,038
				21,633,823
IRELAND — 2.1%
	109,408	Aer Lingus Group Plc		212,486
	1,961,821	Bank of Ireland(b)		780,548

	Shares		Value
IRELAND (continued)
	276,516	Beazley Plc	$	1,161,412
	154,534	C&C Group Plc		875,370
	22,410	DCC Plc		1,018,620
	10,294	FBD Holdings Plc(b)		247,128
	119,600	FleetMatics Group Plc(b)		4,785,196
	688,397	Glanbia Plc		10,008,658
	67,081	Grafton Group Plc - Units		655,581
	181,601	Greencore Group Plc		743,946
	16,165	IFG Group Plc		38,589
	1,774	Irish Continental Group Plc - Units		66,275
	126,391	James Hardie Industries Plc - CDI		1,426,885
	230,508	Kenmare Resources Plc(b)		68,395
	19,490	Kerry Group Plc - Class A		1,311,688
	52,837	Kingspan Group Plc(b)(f)		1,009,422
	6,121	Kingspan Group Plc(f)		116,938
	12,329	Paddy Power Plc(b)		973,583
	98,904	Smurfit Kappa Group Plc(b)		2,321,033
	132,882	United Drug Plc(b)		776,485
	2,579,000	Willis Group Holdings Plc(d)		111,051,740
				139,649,978
ISLE OF MAN — 0.0%
	17,071	Exillon Energy Plc(b)		40,130
	4,535	Hansard Global Plc		6,169
				46,299
ISRAEL — 2.0%
	21,771	Africa Israel Investments Ltd.(b)		48,611
	4,663	Airport City Ltd.(b)		43,078
	813	Allot Communications Ltd.(b)		12,834
	8,168	Alon Blue Square Israel Ltd.(b)		32,130
	1,870	AL-ROV Israel Ltd.(b)		68,613
	16,296	AudioCodes Ltd.(b)		118,704
	10,220	Azorim-Investment Development & Construction Co. Ltd.(b)		9,590
	9,030	Azrieli Group		286,377
	5,078	Babylon Ltd.		11,679
	28	Bayside Land Corp.		7,536
	350,142	Bezeq The Israeli Telecommunication Corp. Ltd.		536,795
	1,289	Bio-cell Ltd.(b)		8,858
	10,185	Cellcom Israel Ltd.		127,638
	409	Ceragon Networks Ltd.(b)		1,267
	1,812,500	Check Point Software Technologies Ltd.(b)		118,591,875
	4,796	Clal Biotechnology Industries Ltd.(b)		11,083
	13,327	Clal Insurance Enterprise Holdings Ltd.		241,954
	13,567	Delek Automotive Systems Ltd.		140,347
	1,004	Delek Group Ltd.		358,959
	3,947	Delta-Galil Industries Ltd.		115,184
	4,291	Direct Insurance Financial Investments Ltd.		28,486

	Shares		Value
ISRAEL (continued)
	4,935	Elbit Systems Ltd.	$	279,469
	905	Electra Ltd.		127,263
	1	Electra Real Estate Ltd.(b)		2
	4,761	Elron Electronic Industries Ltd.(b)		41,532
	1,009	Equital Ltd.(b)		14,961
	0	Evogene Ltd.(b)		9
	4,175	EZchip Semiconductor Ltd.(b)		101,994
	16,965	First International Bank of Israel Ltd.		269,548
	3,427	Formula Systems (1985) Ltd.		89,355
	21,992	Frutarom Industries Ltd.		480,399
	1,557	Gilat Satellite Networks Ltd.(b)		7,236
	4,055	Given Imaging Ltd.(b)		120,757
	232	Golf & Co. Ltd.		777
	1,279	Hadera Paper Ltd.(b)		63,590
	63,930	Harel Insurance Investments & Financial Services Ltd.		359,853
	270	Industrial Buildings Corp.		485
	343,341	Israel Discount Bank Ltd. - Class A(b)		592,678
	1,736	Ituran Location & Control Ltd.		38,104
	4,804	Jerusalem Oil Exploration(b)		192,253
	89	Maabarot Products Ltd.		1,059
	4,100	Magic Software Enterprises Ltd.		32,513
	16,429	Matrix IT Ltd.		86,495
	692	Meitav DS Investments Ltd.		2,222
	1,459	Melisron Ltd.		38,172
	14,192	Menorah Mivtachim Holdings Ltd.		165,865
	158,600	Migdal Insurance & Financial Holding Ltd.		257,898
	1,673	Mivtach Shamir Holdings Ltd.		56,912
	99,963	Mizrahi Tefahot Bank Ltd.		1,222,313
	7,596	Naphtha Israel Petroleum Corp. Ltd.(b)		51,726
	736	Neto ME Holdings Ltd.(b)		38,581
	14,186	NICE Systems Ltd.		555,610
	200,000	NICE Systems Ltd. - ADR		7,890,000
	645	Nitsba Holdings 1995 Ltd.(b)		9,564
	2,068	Nova Measuring Instruments Ltd.(b)		22,258
	540,051	Oil Refineries Ltd.(b)		154,529
	26,031	Ormat Industries Ltd.		171,625
	8,208	Osem Investments Ltd.		183,103
	15,937	Partner Communications Co. Ltd.(b)		137,802
	2,872	Paz Oil Co. Ltd.		425,923
	29,349	Phoenix Holdings Ltd. (The)		102,677
	1,121	Plasson Industries Ltd.		40,462
	715	Rami Levi Chain Stores Hashikma Marketing 2006 Ltd.		41,690
	7,504	REIT 1 Ltd.		18,112
	68,879	Shikun & Binui Ltd.		161,021
	13,900	Shufersal Ltd.		52,700
	6,039	Strauss Group Ltd.		106,771

	Shares		Value
ISRAEL (continued)
	213	Tower Semiconductor Ltd.(b)	$	1,315
	14,467	Union Bank of Israel(b)		63,574
				135,674,355
ITALY — 0.6%
	155,713	A2A SpA		168,114
	8,199	ACEA SpA		90,400
	3,675	Aeroporto di Venezia Marco Polo SAVE SpA		62,353
	7,692	Alerion Cleanpower SpA		33,924
	27,658	Amplifon SpA		149,061
	13,437	Ansaldo STS SpA		149,783
	16,647	Arnoldo Mondadori Editore SpA(b)		30,131
	5,010	Ascopiave SpA		13,345
	23,080	Astaldi SpA		219,921
	50,808	Atlantia SpA		1,158,076
	19,385	Autogrill SpA(b)		177,784
	14,247	Azimut Holding SpA		412,739
	191,616	Banca Carige SpA(b)		102,676
	12,300	Banca Generali SpA		376,905
	4,248	Banca IFIS SpA		69,210
	287,012	Banca Monte dei Paschi di Siena SpA(b)		65,380
	117,100	Banca Piccolo Credito Valtellinese Scarl(b)		189,521
	116,594	Banca Popolare dell’Emilia Romagna Scarl(b)		1,103,118
	2,043,852	Banca Popolare di Milano Scarl(b)		1,238,523
	75,802	Banca Popolare di Sondrio Scarl		423,252
	907	Banco di Desio e della Brianza SpA		3,193
	752,572	Banco Popolare Scarl(b)		1,293,110
	3,334	BasicNet SpA(b)		9,758
	7,670	Biesse SpA(b)		56,223
	13,563	Brembo SpA		351,583
	3,804	Brunello Cucinelli SpA		103,892
	19,914	Buzzi Unicem SpA		363,928
	4,217	Caltagirone Editore SpA(b)		6,677
	32,411	Cementir Holding SpA		193,911
	153,362	CIR-Compagnie Industriali Riunite SpA(b)		221,526
	29,592	Credito Emiliano SpA		242,459
	9,148	Danieli & C Officine Meccaniche SpA		305,489
	4,885	Datalogic SpA		52,576
	93,104	Davide Campari-Milano SpA		743,375
	50,118	DeA Capital SpA(b)		82,465
	23,657	Delclima(b)		39,245
	19,373	De’Longhi SpA		318,768
	9,154	DiaSorin SpA		411,124
	1,977	Ei Towers SpA		96,657
	1,550	Engineering SpA		95,766
	24,995	ERG SpA		344,189
	5,852	Esprinet SpA		48,619

	Shares		Value
ITALY (continued)
	8,454	Eurotech SpA(b)	$	22,690
	78,369	Falck Renewables SpA(b)		146,919
	297,242	Fiat SpA(b)		2,964,603
	201,250	Finmeccanica SpA(b)		1,769,708
	75,696	Gruppo Editoriale L’Espresso SpA(b)		166,308
	30,467	Gtech SpA		928,659
	58,047	Hera SpA		134,108
	9,330	Immobiliare Grande Distribuzione REIT		12,332
	43,534	IMMSI SpA(b)		29,046
	16,260	Indesit Co. SpA		221,932
	3,035	Industria Macchine Automatiche SpA		126,893
	198,830	Intek Group SpA(b)		87,368
	32,568	Interpump Group SpA		421,678
	112,590	Iren SpA		159,596
	49,156	Italcementi SpA		485,295
	2,755	Italmobiliare SpA(b)		103,408
	40,005	Juventus Football Club SpA(b)		12,086
	762	Landi Renzo SpA(b)		1,295
	1,779	Mariella Burani SpA(b)(c)(d)		0
	9,386	MARR SpA		148,363
	189,408	Mediaset SpA(b)		965,114
	176,249	Mediobanca SpA(b)		1,619,984
	40,338	Mediolanum SpA		347,915
	7,534	Nice SpA		28,451
	254,284	Parmalat SpA		846,413
	56,015	Piaggio & C SpA		171,494
	134,537	Pirelli & C. SpA		2,170,156
	18,004	Poltrona Frau SpA(b)		57,063
	96,013	Premafin Finanziaria SpA(b)(c)		22,402
	38,046	Prysmian SpA		930,817
	26,412	RCS MediaGroup SpA(b)		54,252
	30,604	Recordati SpA		479,213
	490	Reply SpA		37,372
	70,103	Retelit SpA(b)		61,267
	29	Sabaf SpA		486
	82	SAES Getters SpA		780
	23,216	Safilo Group SpA(b)		539,812
	14,940	Saipem SpA		350,605
	8,518	Salini Impregilo SpA		50,526
	7,857	Salvatore Ferragamo SpA		243,515
	80,592	Saras SpA(b)		98,043
	12,427	Societa Cattolica di Assicurazioni SCRL		313,420
	29,226	Societa Iniziative Autostradali e Servizi SpA		291,688
	471	Societa per la Bonifica dei Terreni Ferraresi e Imprese Agricole SpA		23,822
	3,079	Socotherm SpA(b)(c)(d)		0
	15,879	Sogefi SpA		85,665
	12,888	SOL SpA		106,900
	60,496	Sorin SpA(b)		177,217

	Shares		Value
ITALY (continued)
	6,138	Tamburi Investment Partners SpA	$	19,040
	99,621	Terna Rete Elettrica Nazionale SpA		483,964
	20,102	Tiscali SpA(b)		1,158
	3,433	Tod’s SpA		469,031
	18,881	Trevi Finanziaria Industriale SpA		159,156
	6,610	Uni Land SpA(b)(c)(d)		0
	551,885	Unione di Banche Italiane SCPA		4,030,558
	143,016	Unipol Gruppo Finanziario SpA		819,384
	201,351	UnipolSai SpA(b)		606,674
	10,354	Vittoria Assicurazioni SpA		129,381
	19,385	World Duty Free SpA(b)		281,840
	13,735	Yoox SpA(b)		520,354
	11,183	Zignago Vetro SpA		78,882
				37,234,850
JAPAN — 4.6%
	181,000	77 Bank Ltd. (The)		837,947
	4,700	A&D Co. Ltd.		28,015
	1,800	ABC-Mart, Inc.		78,399
	59,600	Accordia Golf Co. Ltd.		785,761
	86,000	Achilles Corp.		122,051
	3,600	Adastria Holdings Co. Ltd.		95,136
	56,800	ADEKA Corp.		633,767
	2,000	Aderans Co. Ltd.		21,611
	7,200	Advan Co. Ltd.		81,676
	3,600	Aeon Delight Co. Ltd.		73,008
	2,200	Aeon Fantasy Co. Ltd.		33,483
	800	Agrex, Inc.		8,480
	13,400	Ahresty Corp.		119,875
	11,600	Ai Holdings Corp.		157,248
	22,400	Aica Kogyo Co. Ltd.		415,684
	4,500	Aichi Bank Ltd. (The)		213,835
	10,600	Aichi Corp.		46,376
	84,000	Aichi Steel Corp.		342,018
	16,000	Aichi Tokei Denki Co. Ltd.		46,511
	30,000	Aida Engineering Ltd.		338,553
	2,800	Ain Pharmaciez, Inc.		138,671
	7,400	Aiphone Co. Ltd.		121,824
	38,000	Air Water, Inc.		568,680
	11,300	Airport Facilities Co. Ltd.		89,475
	13,400	Aisan Industry Co. Ltd.		126,301
	13,000	Aizawa Securities Co. Ltd.		108,662
	37,100	Akebono Brake Industry Co. Ltd.		175,750
	82,000	Akita Bank Ltd. (The)		220,711
	900	Alconix Corp.		19,679
	10,500	Alfresa Holdings Corp.		602,232
	79,500	Allied Telesis Holdings KK		78,590
	11,100	Alpen Co. Ltd.		205,660
	3,200	Alpha Corp.		32,135
	1,160	Alpha Systems, Inc.		15,259
	30,200	Alpine Electronics, Inc.		428,599

	Shares		Value
JAPAN (continued)
	86,600	Alps Electric Co. Ltd.(b)	$	1,156,136
	3,300	Alps Logistics Co. Ltd.		35,141
	1,500	Altech Corp.		14,579
	176,000	Amada Co. Ltd.		1,448,723
	16,800	Amano Corp.		177,258
	500	Amiyaki Tei Co. Ltd.		16,639
	3,500	Amuse, Inc.		70,055
	13,000	Anest Iwata Corp.		82,578
	31,000	Anritsu Corp.		344,984
	2,100	AOI Electronics Co. Ltd.		35,969
	16,800	AOKI Holdings, Inc.		281,014
	90,000	Aomori Bank Ltd. (The)		237,839
	27,100	Aoyama Trading Co. Ltd.		704,489
	10,600	Arakawa Chemical Industries Ltd.		94,308
	25,000	Araya Industrial Co. Ltd.		37,193
	9,700	Arcland Sakamoto Co. Ltd.		163,771
	17,638	Arcs Co. Ltd.		330,939
	3,600	Argo Graphics, Inc.		61,909
	219,500	Ariake Japan Co. Ltd.(d)		5,645,943
	22,800	Arisawa Manufacturing Co. Ltd.		128,762
	1,100	Artnature, Inc.		30,932
	5,190	As One Corp.		118,460
	2,900	Asahi Broadcasting Corp.		19,074
	4,000	Asahi Co. Ltd.		54,537
	20,000	Asahi Diamond Industrial Co. Ltd.		215,523
	4,650	Asahi Holdings, Inc.		87,702
	13,000	Asahi Kogyosha Co. Ltd.		49,241
	3,000	Asahi Net, Inc.		15,210
	49,000	Asahi Organic Chemicals Industry Co. Ltd.		104,551
	23,000	Asanuma Corp.(b)		34,217
	12,400	Asatsu-DK, Inc.		289,701
	3,100	Asax Co. Ltd.		42,630
	24,000	Ashimori Industry Co. Ltd.(b)		31,477
	15,800	Asics Corp.		276,349
	18,000	ASKA Pharmaceutical Co. Ltd.		143,760
	1,100	ASKUL Corp.		42,150
	12,000	Asunaro Aoki Construction Co. Ltd.		66,830
	10,200	Atom Corp.		53,810
	77,000	Atsugi Co. Ltd.		87,423
	60,900	Autobacs Seven Co. Ltd.		990,661
	5,800	Avex Group Holdings, Inc.		133,405
	114,000	Awa Bank Ltd. (The)		556,778
	5,100	Axial Retailing, Inc.		75,075
	9,300	Azbil Corp.		221,463
	47,000	Bando Chemical Industries Ltd.		187,227
	6,500	Bank of Iwate Ltd. (The)		291,059
	26,000	Bank of Kochi Ltd. (The)		42,243
	80,000	Bank of Kyoto Ltd. (The)		646,765
	87,000	Bank of Nagoya Ltd. (The)		287,814
	15,100	Bank of Okinawa Ltd. (The)		557,918
	62,000	Bank of Saga Ltd. (The)		134,717
	25,200	Bank of the Ryukyus Ltd.		319,409

	Shares		Value
JAPAN (continued)
	8,100	Belc Co. Ltd.	$	146,747
	40,400	Belluna Co. Ltd.		196,919
	1,200	Benefit One, Inc.		10,946
	3,100	Best Bridal, Inc.		18,599
	26,500	Best Denki Co. Ltd.(b)		38,387
	244	Bic Camera, Inc.		142,813
	3,600	Bit-Isle, Inc.		25,651
	1,700	BML, Inc.		57,987
	2,100	Bookoff Corp.		14,491
	43,900	Brother Industries Ltd.		563,305
	27,000	Bunka Shutter Co. Ltd.		166,751
	800	C Uyemura & Co. Ltd.		37,663
	4,600	CAC Corp.		42,051
	13,500	Calbee, Inc.		314,079
	74,000	Calsonic Kansei Corp.		373,730
	2,000	Can Do Co. Ltd.		29,754
	9,500	Canon Electronics, Inc.		182,338
	26,100	Canon Marketing Japan, Inc.		337,458
	7,000	Capcom Co. Ltd.		138,260
	7,600	Carlit Holdings Co., Ltd.(b)		35,854
	41,500	Casio Computer Co. Ltd.		455,740
	9,900	Cawachi Ltd.		189,144
	90,000	Central Glass Co. Ltd.		285,407
	2,000	Central Security Patrols Co. Ltd.		19,438
	1,000	Central Sports Co. Ltd.		15,249
	22,650	Century Tokyo Leasing Corp.		669,502
	22,100	Chiba Kogyo Bank Ltd. (The)(b)		154,875
	19,000	Chino Corp.		41,284
	11,300	Chiyoda Co. Ltd.		223,744
	4,200	Chiyoda Integre Co. Ltd.		81,065
	500	Chofu Seisakusho Co. Ltd.		11,231
	4,600	Chori Co. Ltd.		52,182
	13,500	Chubu Shiryo Co. Ltd.		74,391
	67,000	Chuetsu Pulp & Paper Co. Ltd.		140,335
	153,000	Chugai Mining Co. Ltd.(b)		47,920
	28,000	Chugai Ro Co. Ltd.		68,239
	39,200	Chugoku Bank Ltd. (The)		486,499
	10,000	Chugoku Marine Paints Ltd.		54,615
	58,000	Chukyo Bank Ltd. (The)		99,912
	6,700	Chuo Denki Kogyo Co. Ltd.(b)		22,231
	7,000	Chuo Spring Co. Ltd.		20,760
	76,900	Citizen Holdings Co. Ltd.		611,918
	24,700	CKD Corp.		254,325
	8,000	Clarion Co. Ltd.(b)		11,667
	11,000	Cleanup Corp.		96,681
	3,100	CMIC Holdings Co. Ltd.		40,627
	15,600	CMK Corp.		39,240
	33,023	Coca-Cola East Japan Co. Ltd.		813,535
	22,800	Coca-Cola West Co. Ltd.		450,332
	8,190	Cocokara Fine, Inc.		203,848
	6,500	Colowide Co. Ltd.		68,836
	6,100	Computer Engineering & Consulting Ltd.		40,062
	4,400	Computer Institute of Japan Ltd.		18,088

Shares			Value
JAPAN (continued)
	61,600	COMSYS Holdings Corp.	$	906,184
	4,500	CONEXIO Corp.		37,041
	2,300	COOKPAD, Inc.(b)		76,314
	4,000	Co-Op Chemical Co. Ltd.(b)		5,677
	6,800	Corona Corp.		73,611
	5,100	Cosel Co. Ltd.		58,802
	259,000	Cosmo Oil Co. Ltd.(b)		486,718
	3,500	Cosmos Pharmaceutical Corp.		441,225
	2,700	Create Medic Co. Ltd.		25,105
	900	Create SD Holdings Co. Ltd.		30,435
	8,400	CTI Engineering Co. Ltd.		87,560
	2,300	Cybernet Systems Co. Ltd.		8,509
	22,000	Dai Nippon Toryo Co. Ltd.		35,314
	6,100	Daibiru Corp.		70,033
	160,000	Daicel Corp.		1,298,228
	9,000	Dai-Dan Co. Ltd.		47,480
	17,000	Daido Kogyo Co. Ltd.		55,241
	13,000	Daido Metal Co. Ltd.		140,599
	109,000	Daido Steel Co. Ltd.		550,494
	7,300	Daidoh Ltd.		49,300
	47,600	Daiei, Inc. (The)(b)		139,301
	10,500	Daifuku Co. Ltd.		126,613
	5,000	Daihatsu Diesel Manufacturing Co. Ltd.		35,431
	21,000	Daihen Corp.		94,343
	43,000	Daiho Corp.		158,246
	22,000	Daiichi Jitsugyo Co. Ltd.		100,989
	600	Daiichi Kigenso Kagaku-Kogyo Co. Ltd.		15,427
	1,000	Dai-ichi Seiko Co. Ltd.		12,097
	6,700	Daiichikosho Co. Ltd.		209,518
	27,000	Daiken Corp.		70,030
	19,000	Daiki Aluminium Industry Co. Ltd.		50,210
	7,200	Daiko Clearing Services Corp.		58,561
	3,300	Daikoku Denki Co. Ltd.		79,197
	1,000	Daikokutenbussan Co. Ltd.		27,777
	148,000	Daikyo, Inc.		365,039
	5,300	Dainichi Co. Ltd.		40,099
	39,000	Dainichiseika Color & Chemicals Manufacturing Co. Ltd.		175,971
	24,000	Daio Paper Corp.		208,594
	34,000	Daisan Bank Ltd. (The)		58,236
	11,210	Daiseki Co. Ltd.		208,686
	86,000	Daishi Bank Ltd. (The)		311,442
	22,000	Daishinku Corp.		94,744
	26,000	Daiso Co. Ltd.		93,648
	2,200	Daisyo Corp.		27,863
	88,000	Daito Bank Ltd. (The)		96,467
	66	Daiwa House Residential Investment Corp. REIT		276,157
	13,000	Daiwa Industries Ltd.		86,904
	86,000	Daiwabo Holdings Co. Ltd.		170,030
	10,400	DC Co. Ltd.		63,619
	56,860	DCM Holdings Co. Ltd.		384,558

Shares			Value
JAPAN (continued)
	17,400	Dena Co. Ltd.	$	336,692
	227,000	Denki Kagaku Kogyo KK		886,493
	25,000	Denki Kogyo Co. Ltd.		163,698
	12,600	Denyo Co. Ltd.		173,763
	19,000	Descente Ltd.		125,340
	182,000	DIC Corp.		527,278
	3,200	Disco Corp.		225,820
	23,000	DKS Co. Ltd.		73,162
	10,700	Doshisha Co. Ltd.		144,314
	6,874	Doutor Nichires Holdings Co. Ltd.		118,615
	71,000	Dowa Holdings Co. Ltd.		651,140
	2,300	Dr Ci:Labo Co. Ltd.		70,123
	6,800	DTS Corp.		129,052
	6,600	Dunlop Sports Co. Ltd.		82,686
	40,300	Duskin Co. Ltd.		775,076
	2,500	Dwango Co. Ltd.		63,717
	4,400	Dydo Drinco, Inc.		177,430
	18,000	Dynic Corp.		32,417
	11,000	Eagle Industry Co. Ltd.		181,736
	1,800	Earth Chemical Co. Ltd.		60,693
	242,000	Ebara Corp.		1,572,751
	300	Echo Trading Co. Ltd.		2,126
	37,000	EDION Corp.		208,231
	66,000	Ehime Bank Ltd. (The)		142,116
	18,000	Eidai Co. Ltd.		108,877
	89,000	Eighteenth Bank Ltd. (The)		196,868
	6,400	Eiken Chemical Co. Ltd.		117,263
	9,300	Eizo Corp.		236,664
	2,100	Elematec Corp.		36,524
	2,800	Emori & Co. Ltd.		57,990
	700	Endo Lighting Corp.		12,716
	500	en-japan, Inc.		11,500
	1,900	Enplas Corp.		128,687
	23	EPS Corp.		26,969
	17,500	ESPEC Corp.		142,679
	4,800	Excel Co. Ltd.		59,148
	14,400	Exedy Corp.		458,060
	12,000	Ezaki Glico Co. Ltd.		161,496
	2,800	F@n Communications, Inc.		115,102
	3,810	Faith, Inc.		40,088
	3,000	Falco SD Holdings Co. Ltd.		37,819
	10,100	Fancl Corp.		111,607
	464,300	FCC Co. Ltd.(d)		9,025,152
	800	Felissimo Corp.		7,846
	19,300	Ferrotec Corp.		125,997
	57,200	FIDEA Holdings Co. Ltd.		111,970
	3,900	Fields Corp.		74,931
	5,000	First Baking Co. Ltd.(b)		6,851
	15,100	Foster Electric Co. Ltd.		246,519
	4,300	FP Corp.		270,197
	34,000	France Bed Holdings Co. Ltd.		65,225
	900	F-Tech, Inc.		12,782
	17,900	Fudo Tetra Corp.(b)		29,608
	5,900	Fuji Co. Ltd.		98,863
	10,600	Fuji Corp. Ltd.		73,869

Shares			Value
JAPAN (continued)
	220,000	Fuji Electric Co. Ltd.	$	966,819
	7,500	Fuji Electronics Co. Ltd.		103,504
	13,000	Fuji Kiko Co. Ltd.		45,933
	12,000	Fuji Kyuko Co. Ltd.		100,538
	30,000	Fuji Oil Co. Ltd.		446,021
	9,000	Fuji Oil Co. Ltd.		29,862
	2,900	Fuji Pharma Co. Ltd.		52,681
	3,900	Fuji Seal International, Inc.		131,692
	8,500	Fuji Soft, Inc.		199,168
	36,000	Fujibo Holdings, Inc.		75,404
	7,600	Fujicco Co. Ltd.		86,734
	12,100	Fujikura Kasei Co. Ltd.		69,874
	187,000	Fujikura Ltd.		880,366
	3,000	Fujikura Rubber Ltd.		29,040
	3,100	Fujimi, Inc.		38,473
	6,300	Fujimori Kogyo Co. Ltd.		148,975
	40,000	Fujitec Co. Ltd.		497,994
	4,200	Fujitsu Frontech Ltd.		59,607
	18,000	Fujitsu General Ltd.		215,288
	7,700	FuKoKu Co. Ltd.		77,098
	19,000	Fukuda Corp.		81,638
	63,000	Fukui Bank Ltd. (The)		144,906
	117,000	Fukushima Bank Ltd. (The)		101,918
	5,200	Fukushima Industries Corp.		82,756
	105,000	Fukuyama Transporting Co. Ltd.		572,428
	7,800	Funai Consulting Ltd.		61,227
	42,000	Furukawa Co. Ltd.		84,682
	333,000	Furukawa Electric Co. Ltd.		827,856
	8,100	Furuno Electric Co. Ltd.		58,905
	4,000	Furusato Industries Ltd.		46,550
	100	Fuso Chemical Co. Ltd.		2,692
	13,000	Fuso Pharmaceutical Industries Ltd.		44,152
	5,100	Futaba Corp.		63,943
	27,500	Futaba Industrial Co. Ltd.(b)		105,780
	300	Future Architect, Inc.		1,847
	14,300	Fuyo General Lease Co. Ltd.		502,466
	900	G-7 Holdings, Inc.		6,880
	20,000	Gakken Holdings Co. Ltd.		58,921
	6,400	Gecoss Corp.		59,321
	10,800	Geo Holdings Corp.		102,852
	12,000	GLOBERIDE, Inc.		17,500
	20,800	Glory Ltd.		520,560
	12,000	GMO Internet, Inc.		148,693
	1,400	GMO Payment Gateway, Inc.		67,349
	62,000	Godo Steel Ltd.		106,802
	6,480	Goldcrest Co. Ltd.		160,525
	22,000	Goldwin, Inc.		99,697
	2,000	Gourmet Kineya Co. Ltd.		14,388
	17,500	Gree, Inc.		173,510
	86,000	GS Yuasa Corp.		452,011
	36,000	GSI Creos Corp.		56,024
	4,000	G-Tekt Corp.		120,975
	20,900	Gulliver International Co. Ltd.		150,966

Shares			Value
JAPAN (continued)
	24,000	Gun-Ei Chemical Industry Co. Ltd.	$	101,478
	194,000	Gunma Bank Ltd. (The)		1,042,439
	63,000	Gunze Ltd.		165,254
	2,600	Gurunavi, Inc.		73,900
	6,600	H.I.S. Co. Ltd.		362,395
	65,000	H2O Retailing Corp.		536,312
	103,000	Hachijuni Bank Ltd. (The)		576,647
	5,800	Hakudo Co. Ltd.		54,384
	106,300	Hakuhodo DY Holdings, Inc.		869,793
	9,600	Hakuto Co. Ltd.		95,840
	3,300	Hamakyorex Co. Ltd.		96,800
	8,800	Hamamatsu Photonics KK		372,516
	172,000	Hanwa Co. Ltd.		897,289
	3,500	Happinet Corp.		31,379
	7,400	Hard Off Corp. Co. Ltd.		64,171
	6,400	Harima Chemicals Group, Inc.		29,191
	3,000	Haruyama Trading Co. Ltd.		22,228
	50,300	Haseko Corp.(b)		381,545
	64,260	Hazama Ando Corp.		229,567
	15,600	Heiwa Corp.		278,959
	15,900	Heiwa Real Estate Co. Ltd.		249,152
	18,000	Heiwado Co. Ltd.		250,524
	20,900	Hibiya Engineering Ltd.		242,814
	4,200	Hiday Hidaka Corp.		101,948
	10,000	Higashi Nihon House Co. Ltd.		45,904
	81,000	Higashi-Nippon Bank Ltd. (The)		208,505
	86,000	Higo Bank Ltd. (The)		454,537
	9,000	Hikari Tsushin, Inc.		755,799
	2,900	HI-LEX Corp.		69,371
	1,300	Hioki EE Corp.		17,750
	4,900	Hiramatsu, Inc.		34,866
	124,000	Hiroshima Bank Ltd. (The)		507,311
	15,000	Hisaka Works Ltd.		147,989
	24,700	Hitachi Capital Corp.		627,351
	51,700	Hitachi Chemical Co. Ltd.		750,933
	7,600	Hitachi High-Technologies Corp.		176,518
	11,600	Hitachi Koki Co. Ltd.		83,222
	5,000	Hitachi Kokusai Electric, Inc.		66,409
	12,030	Hitachi Metals Ltd.		191,689
	20,400	Hitachi Transport System Ltd.		325,657
	42,400	Hitachi Zosen Corp.		308,756
	5,000	Hochiki Corp.		28,384
	17,000	Hodogaya Chemical Co. Ltd.		33,278
	20,200	Hogy Medical Co. Ltd.		1,049,838
	26,100	Hokkaido Electric Power Co., Inc.(b)		276,149
	10,000	Hokkaido Gas Co. Ltd.		27,014
	28,000	Hokkan Holdings Ltd.		88,519
	15,000	Hokko Chemical Industry Co. Ltd.		50,504
	139,000	Hokkoku Bank Ltd. (The)		466,644
	114,000	Hokuetsu Bank Ltd. (The)		225,389
	49,865	Hokuetsu Kishu Paper Co. Ltd.		220,115

Shares			Value
JAPAN (continued)
	551,000	Hokuhoku Financial Group, Inc.	$	1,057,023
	8,000	Hokuriku Electric Industry Co. Ltd.		12,450
	21,100	Hokuriku Electric Power Co.		259,594
	6,800	Hokuto Corp.		125,591
	7,100	H-One Co. Ltd.		73,453
	7,320	Honeys Co. Ltd.		65,412
	173,500	Horiba Ltd.		6,351,082
	9,900	Hoshizaki Electric Co. Ltd.		355,613
	33,800	Hosiden Corp.		171,035
	18,000	Hosokawa Micron Corp.		113,810
	44,500	House Foods Group, Inc.		670,745
	8,700	Howa Machinery Ltd.		70,421
	1,000	Hurxley Corp.		7,595
	200	Hutech Norin Co. Ltd.		1,952
	68,000	Hyakugo Bank Ltd. (The)		277,537
	95,000	Hyakujushi Bank Ltd. (The)		313,350
	55,300	Ibiden Co. Ltd.		1,029,467
	7,300	IBJ Leasing Co. Ltd.		194,057
	2,400	Ichibanya Co. Ltd.		87,384
	21,000	Ichikoh Industries Ltd.(b)		32,270
	7,300	ICHINEN Holdings Co. Ltd.		58,088
	6,600	Ichiyoshi Securities Co. Ltd.		102,905
	2,300	Icom, Inc.		51,641
	6,700	Idec Corp.		58,823
	20,000	Ihara Chemical Industry Co. Ltd.		143,878
	18,936	Iida Group Holdings Co. Ltd.(b)		335,833
	19,500	Iino Kaiun Kaisha Ltd.		108,408
	13,680	IJT Technology Holdings Co. Ltd.(b)		68,420
	22,000	Ikegami Tsushinki Co. Ltd.(b)		24,547
	30	Ikyu Corp.		42,870
	6,600	Imasen Electric Industrial		93,151
	10,400	Inaba Denki Sangyo Co. Ltd.		331,839
	3,200	Inaba Seisakusho Co. Ltd.		38,273
	25,700	Inabata & Co. Ltd.		289,524
	10,800	Inageya Co. Ltd.		104,861
	25	Industrial & Infrastructure Fund Investment Corp. REIT		207,008
	12,200	Ines Corp.		90,392
	600	I-Net Corp.		4,786
	6,200	Information Services International-Dentsu Ltd.		67,176
	4,200	Innotech Corp.		20,061
	1,400	Intage Holdings, Inc.		18,937
	7,000	Internet Initiative Japan, Inc.		173,613
	12,000	Inui Steamship Co. Ltd.(b)		40,168
	800	Iriso Electronics Co. Ltd.		37,075
	6,000	Ise Chemical Corp.		49,330
	42,000	Iseki & Co. Ltd.		118,802
	145,000	Ishihara Sangyo Kaisha Ltd.(b)		170,304
	14,000	Ishizuka Glass Co. Ltd.		40,560
	45,766	IT Holdings Corp.		763,737

Shares			Value
JAPAN (continued)
	14,000	Ito En Ltd.	$	303,788
	29,000	Itochu Enex Co. Ltd.		170,872
	4,200	Itochu Techno-Solutions Corp.		174,709
	2,000	Itochu-Shokuhin Co. Ltd.		66,556
	71,000	Itoham Foods, Inc.		318,968
	27,600	Itoki Corp.		164,514
	8,400	IwaiCosmo Holdings, Inc.		111,074
	27,000	Iwasaki Electric Co. Ltd.(b)		54,439
	63,000	Iwatani Corp.		368,122
	42,000	Iwatsu Electric Co. Ltd.		39,875
	138,000	Iyo Bank Ltd. (The)		1,306,117
	20,100	Izumi Co. Ltd.		614,784
	29,000	Izumiya Co. Ltd.		127,728
	46,000	Izutsuya Co. Ltd.(b)		38,270
	900	Jalux, Inc.		10,421
	98,000	Janome Sewing Machine Co. Ltd.(b)		84,408
	14,900	Japan Airport Terminal Co. Ltd.		303,629
	23,000	Japan Aviation Electronics Industry Ltd.		355,457
	13,700	Japan Digital Laboratory Co. Ltd.		205,829
	500	Japan Drilling Co. Ltd.		25,839
	2,900	Japan Electronic Materials Corp.		13,028
	20,300	Japan Foundation Engineering Co. Ltd.		67,753
	6,400	Japan Medical Dynamic Marketing, Inc.		20,108
	4,700	Japan Petroleum Exploration Co.		175,957
	50,000	Japan Pulp & Paper Co. Ltd.		159,049
	23,000	Japan Radio Co. Ltd.(b)		78,790
	78,000	Japan Steel Works Ltd. (The)		391,641
	26,000	Japan Transcity Corp.		82,451
	8,000	Japan Vilene Co. Ltd.		50,974
	38,000	Japan Wool Textile Co. Ltd. (The)		275,599
	6,500	Jastec Co. Ltd.		49,750
	10,000	JBCC Holdings, Inc.		77,714
	9,000	Jeol Ltd.		42,371
	3,500	Jimoto Holdings, Inc.		6,920
	5,000	JK Holdings Co. Ltd.		28,237
	20,000	JMS Co. Ltd.		56,964
	50,000	J-Oil Mills, Inc.		139,473
	20,000	Joshin Denki Co. Ltd.		152,295
	4,900	Jp-Holdings, Inc.		21,965
	8,000	JSP Corp.		119,017
	22,000	Juki Corp.(b)		43,711
	145,000	Juroku Bank Ltd. (The)		509,494
	4,000	Justsystems Corp.(b)		34,492
	64,900	JVC Kenwood Corp.		123,867
	8,000	K&O Energy Group, Inc.(b)		115,885
	13,100	kabu.com Securities Co. Ltd.		73,597
	2,000	Kabuki-Za Co. Ltd.		97,093
	7,600	Kadokawa Corp.		247,705

Shares			Value
JAPAN (continued)
	10,500	Kaga Electronics Co. Ltd.	$	130,312
	8,100	Kagome Co. Ltd.		134,538
	77,000	Kagoshima Bank Ltd. (The)		466,507
	45,200	Kakaku.com, Inc.		867,546
	28,000	Kaken Pharmaceutical Co. Ltd.		449,995
	5,800	Kameda Seika Co. Ltd.		174,561
	13,700	Kamei Corp.		103,518
	114,000	Kamigumi Co. Ltd.		1,030,988
	14,000	Kanaden Corp.		94,000
	10,000	Kanagawa Chuo Kotsu Co. Ltd.		49,232
	12,000	Kanamoto Co. Ltd.		313,947
	54,000	Kandenko Co. Ltd.		276,950
	114,000	Kaneka Corp.		716,336
	189,000	Kanematsu Corp.		329,275
	12,300	Kanematsu Electronics Ltd.		163,366
	9,000	Kansai Urban Banking Corp.		11,011
	15,000	Kanto Denka Kogyo Co. Ltd.(b)		35,529
	18,000	Kasai Kogyo Co. Ltd.		124,909
	16,800	Kasumi Co. Ltd.		111,485
	5,000	Katakura Industries Co. Ltd.		56,768
	11,900	Kato Sangyo Co. Ltd.		216,755
	50,000	Kato Works Co. Ltd.		298,522
	2,400	KAWADA Technologies, Inc.		59,172
	32,000	Kawai Musical Instruments Manufacturing Co. Ltd.		57,316
	8,000	Kawasaki Kinkai Kisen Kaisha Ltd.		24,273
	564,000	Kawasaki Kisen Kaisha Ltd.		1,341,411
	7,000	Kawasumi Laboratories, Inc.		43,506
	89,000	Keihan Electric Railway Co. Ltd.		337,986
	15,900	Keihanshin Building Co. Ltd.		82,325
	11,000	Keihin Co. Ltd. (The)		17,872
	20,200	Keihin Corp.		304,473
	18,000	Keisei Electric Railway Co. Ltd.		161,378
	159,000	Keiyo Bank Ltd. (The)		697,191
	21,200	Keiyo Co. Ltd.		97,524
	800	Kenko Mayonnaise Co. Ltd.		7,251
	2,000	Kentucky Fried Chicken Japan Ltd.		41,754
	36,200	Kewpie Corp.		518,712
	6,525	KEY Coffee, Inc.		99,692
	11,200	Kimoto Co. Ltd.		87,697
	49,000	Kinden Corp.		483,430
	600	King Jim Co. Ltd.		3,888
	7,000	Kinki Sharyo Co. Ltd. (The)		22,883
	7,200	Kintetsu World Express, Inc.		289,283
	6,000	Kinugawa Rubber Industrial Co. Ltd.		29,187
	4,400	Kisoji Co. Ltd.		81,308
	13,900	Kissei Pharmaceutical Co. Ltd.		332,365
	66,000	Kitagawa Iron Works Co. Ltd.		122,091
	4,600	Kita-Nippon Bank Ltd. (The)		110,306
	21,000	Kitano Construction Corp.		53,029
	3,600	Kito Corp.		70,295
	31,000	Kitz Corp.		146,550

Shares			Value
JAPAN (continued)
	32,300	Kiyo Bank Ltd. (The)(b)	$	424,892
	29,600	Koa Corp.		329,694
	22,000	Koatsu Gas Kogyo Co. Ltd.		123,167
	8,200	Kobayashi Pharmaceutical Co. Ltd.		447,842
	14,800	Kohnan Shoji Co. Ltd.		156,300
	1,300	Kohsoku Corp.		11,439
	13,000	Koike Sanso Kogyo Co. Ltd.		27,993
	33,000	Koito Manufacturing Co. Ltd.		678,927
	8,800	Kojima Co. Ltd.(b)		23,428
	48,100	Kokuyo Co. Ltd.		337,552
	23,000	KOMAIHALTEC, Inc.		70,461
	5,000	Komatsu Seiren Co. Ltd.		24,665
	4,300	Komatsu Wall Industry Co. Ltd.		86,109
	14,800	Komeri Co. Ltd.		353,595
	12,300	Komori Corp.		195,148
	9,800	Konaka Co. Ltd.		81,435
	7,700	Konami Corp.		185,548
	4,000	Kondotec, Inc.		27,836
	9,700	Konishi Co.Ltd.		184,088
	6,500	Kose Corp.		205,173
	12,000	Krosaki Harima Corp.		27,601
	4,200	KRS Corp.		42,423
	22,628	K’s Holdings Corp.		607,725
	1,000	KU Holdings Co. Ltd.		13,810
	7,000	Kumiai Chemical Industry Co. Ltd.		40,834
	2,100	Kura Corp.		35,106
	125,000	Kurabo Industries Ltd.		227,562
	52,000	Kureha Corp.		240,227
	56,000	Kurimoto Ltd.		130,449
	12,500	Kurita Water Industries Ltd.		268,303
	23,400	Kuroda Electric Co. Ltd.		361,638
	500	Kusuri No Aoki Co. Ltd.		26,475
	76,000	KYB Co. Ltd.		380,112
	43,000	Kyodo Printing Co. Ltd.		120,368
	41,000	Kyodo Shiryo Co. Ltd.		44,945
	2,000	Kyoei Sangyo Co. Ltd.		3,582
	7,400	Kyoei Steel Ltd.		150,216
	5,000	Kyokuto Boeki Kaisha Ltd.(b)		10,717
	17,700	Kyokuto Kaihatsu Kogyo Co. Ltd.		245,136
	4,800	Kyokuto Securities Co. Ltd.		91,424
	26,000	Kyokuyo Co. Ltd.		67,946
	24,800	KYORIN Holdings, Inc.		560,470
	4,500	Kyoritsu Maintenance Co. Ltd.		161,202
	22,000	Kyosan Electric Manufacturing Co. Ltd.		69,766
	2,400	Kyoto Kimono Yuzen Co. Ltd.		25,393
	3,000	Kyowa Electronics Instruments Co. Ltd.		12,274
	47,500	Kyowa Exeo Corp.		626,701
	1,600	Kyowa Leather Cloth Co. Ltd.		7,940
	14,000	Kyudenko Corp.		111,129
	2,800	Lasertec Corp.		30,118
	2,700	LEC, Inc.		31,527

Shares			Value
JAPAN (continued)
	28,700	Leopalace21 Corp.(b)	$	152,250
	8,600	Life Corp.		123,903
	19,500	Lintec Corp.		360,341
	54,000	Lion Corp.		283,821
	1,800	Livesense, Inc.(b)		39,041
	25,000	Look, Inc.		70,715
	4,300	Mabuchi Motor Co. Ltd.		249,995
	5,300	Macnica, Inc.		157,698
	12,000	Macromill, Inc.		91,142
	68,000	Maeda Corp.		461,231
	47,000	Maeda Road Construction Co. Ltd.		776,510
	5,000	Maezawa Kasei Industries Co. Ltd.		51,287
	5,000	Maezawa Kyuso Industries Co. Ltd.		63,571
	78,000	Makino Milling Machine Co. Ltd.		656,553
	6,000	Mandom Corp.		207,302
	4,900	Mars Engineering Corp.		94,096
	11,900	Marubun Corp.		69,185
	95,000	Marudai Food Co. Ltd.		286,385
	18,000	Maruetsu, Inc. (The)		63,424
	4,000	Marufuji Sheet Piling Co. Ltd.		14,877
	95,910	Maruha Nichiro Holdings, Inc.		159,584
	27,700	Marui Group Co. Ltd.		263,797
	20,200	Maruichi Steel Tube Ltd.		529,664
	1,600	Maruka Machinery Co. Ltd.		18,871
	26,100	Marusan Securities Co. Ltd.		238,596
	2,900	Maruwa Co. Ltd.		99,486
	20,000	Maruyama Manufacturing Co., Inc.		50,113
	900	Maruzen CHI Holdings Co. Ltd.(b)		2,616
	36,000	Maruzen Showa Unyu Co. Ltd.		117,686
	6,400	Marvelous AQL, Inc.		42,157
	6,500	Matsuda Sangyo Co. Ltd.		84,741
	13,300	Matsui Securities Co. Ltd.		154,127
	22,000	Matsumotokiyoshi Holdings Co. Ltd.		789,175
	2,700	Matsuya Foods Co. Ltd.		48,096
	12,000	Max Co. Ltd.		133,307
	3,700	Maxvalu Tokai Co. Ltd.		58,051
	6,400	McDonald’s Holdings Co. Japan Ltd.		168,128
	2,400	MEC Co. Ltd.		16,819
	79,100	Medipal Holdings Corp.		1,162,848
	3,500	Megachips Corp.		47,994
	14,800	Megmilk Snow Brand Co. Ltd.		184,982
	65,000	Meidensha Corp.		264,657
	8,300	Meiko Electronics Co. Ltd.		64,665
	6,700	Meiko Network Japan Co. Ltd.		74,102
	9,000	Meisei Industrial Co. Ltd.		42,106
	10,700	Meitec Corp.		288,105
	200	Meito Transportation Co. Ltd.		1,312
	20,900	Meiwa Corp.		70,983

Shares			Value
JAPAN (continued)
	10,100	Meiwa Estate Co. Ltd.(b)	$	48,241
	3,000	Melco Holdings, Inc.		49,623
	2,400	Message Co. Ltd.		80,454
	70,000	Michinoku Bank Ltd. (The)		138,397
	1,600	Micronics Japan Co. Ltd.		92,238
	23,000	Mie Bank Ltd. (The)		51,101
	4,000	Mikuni Corp.		15,660
	2,937	Milbon Co. Ltd.		105,642
	9,700	Mimasu Semiconductor Industry Co. Ltd.		81,553
	79,000	Minato Bank Ltd. (The)		133,767
	59,000	Minebea Co. Ltd.		451,003
	12,600	Ministop Co. Ltd.		202,744
	198,900	Miraca Holdings, Inc.		9,490,433
	1,100	Miraial Co. Ltd.		16,343
	29,540	Mirait Holdings Corp.		260,792
	8,500	Misawa Homes Co. Ltd.		120,466
	23,300	MISUMI Group, Inc.		677,084
	6,400	Mitani Corp.		134,615
	8,000	Mito Securities Co. Ltd.		36,880
	16,000	Mitsuba Corp.		272,330
	21,000	Mitsubishi Gas Chemical Co., Inc.		149,839
	32,000	Mitsubishi Kakoki Kaisha Ltd.(b)		53,558
	22,000	Mitsubishi Logistics Corp.		313,301
	18,000	Mitsubishi Nichiyu Forklift Co. Ltd.		117,158
	148,000	Mitsubishi Paper Mills Ltd.(b)		143,408
	10,600	Mitsubishi Pencil Co. Ltd.		247,026
	5,700	Mitsubishi Shokuhin Co. Ltd.		136,461
	80,000	Mitsubishi Steel Manufacturing Co. Ltd.		201,233
	20,000	Mitsuboshi Belting Co. Ltd.		112,362
	429,000	Mitsui Chemicals, Inc.		1,041,323
	350,000	Mitsui Engineering & Shipbuilding Co. Ltd.		695,410
	19,000	Mitsui High-Tec, Inc.		127,944
	14,000	Mitsui Home Co. Ltd.		66,047
	51,100	Mitsui Knowledge Industry Co. Ltd.		80,524
	102,000	Mitsui Matsushima Co. Ltd.		160,732
	285,000	Mitsui Mining & Smelting Co. Ltd.		769,893
	66,000	Mitsui Sugar Co. Ltd.		283,586
	40,000	Mitsui-Soko Co. Ltd.		177,351
	61,100	Mitsumi Electric Co. Ltd.(b)		442,537
	10,500	Mitsuuroko Group Holdings Co. Ltd.		58,373
	10,400	Miura Co. Ltd.		272,189
	38,000	Miyaji Engineering Group, Inc.(b)		98,933
	60,000	Miyazaki Bank Ltd. (The)		167,368
	26,000	Miyoshi Oil & Fat Co. Ltd.		38,426
	62,000	Mizuno Corp.		313,732
	3,800	Mochida Pharmaceutical Co. Ltd.		221,298

Shares			Value
JAPAN (continued)
	2,200	Modec, Inc.	$	60,572
	21,400	Monex Group, Inc.		92,370
	5,100	Monotaro Co. Ltd.		110,416
	82,000	Morinaga & Co. Ltd.		176,568
	101,000	Morinaga Milk Industry Co. Ltd.		298,542
	16,000	Morita Holdings Corp.		125,908
	22,000	Mory Industries, Inc.		90,438
	9,300	MOS Food Services, Inc.		194,611
	14,500	Moshi Moshi Hotline, Inc.		153,132
	11,900	Mr Max Corp.		38,669
	2,000	Murakami Corp.		27,425
	310,000	Musashi Seimitsu Industry Co. Ltd.		6,122,932
	21,800	Musashino Bank Ltd. (The)		709,455
	15,000	Mutoh Holdings Co. Ltd.		72,086
	13,500	Nabtesco Corp.		301,923
	2,500	NAC Co. Ltd.		41,793
	57,000	Nachi-Fujikoshi Corp.		367,094
	5,500	Nagaileben Co. Ltd.		91,999
	24,000	Nagano Bank Ltd. (The)		43,222
	1,000	Nagano Keiki Co. Ltd.		6,548
	91,400	Nagase & Co. Ltd.		1,087,818
	7,000	Nagatanien Co. Ltd.		63,169
	88,000	Nagoya Railroad Co. Ltd.		263,561
	22,000	Nakabayashi Co. Ltd.		44,357
	13,000	Nakamuraya Co. Ltd.		50,641
	27,000	Nakayama Steel Works Ltd.(b)		24,048
	11,200	Namura Shipbuilding Co. Ltd.		156,649
	53,000	Nankai Electric Railway Co. Ltd.		186,748
	27,000	Nanto Bank Ltd. (The)		95,400
	3,600	Natori Co. Ltd.		38,301
	16,000	NDS Co. Ltd.		45,258
	9,600	NEC Capital Solutions Ltd.		230,205
	7,400	NEC Fielding Ltd.		104,442
	14,100	NEC Networks & System Integration Corp.		331,213
	17,800	NET One Systems Co. Ltd.		111,151
	27,200	Neturen Co. Ltd.		205,524
	5,200	New Japan Chemical Co. Ltd.(b)		13,233
	4,100	Next Co. Ltd.		40,932
	63,700	NHK Spring Co. Ltd.		662,749
	41,000	Nice Holdings, Inc.		91,093
	11,000	Nichia Steel Works Ltd.		39,190
	38,000	Nichias Corp.		267,417
	17,000	Nichiban Co. Ltd.		59,401
	32,700	Nichicon Corp.		283,889
	2,600	Nichiden Corp.		56,672
	12,000	Nichiha Corp.		165,959
	19,100	Nichii Gakkan Co.		163,388
	8,450	Nichi-Iko Pharmaceutical Co. Ltd.		126,456
	22,000	Nichimo Co. Ltd.		41,558
	125,000	Nichirei Corp.		573,799
	18,000	Nichireki Co. Ltd.		204,189

Shares			Value
JAPAN (continued)
	4,600	Nidec Copal Electronics Corp.	$	34,983
	509,800	Nifco, Inc.(d)		13,442,314
	3,900	NIFTY Corp.		50,234
	218	Nihon Chouzai Co. Ltd.		6,038
	9,700	Nihon Dempa Kogyo Co. Ltd.		82,788
	12,300	Nihon Kohden Corp.		485,162
	3,000	Nihon M&A Center, Inc.		251,346
	21,000	Nihon Nohyaku Co. Ltd.		297,416
	24,000	Nihon Parkerizing Co. Ltd.		523,598
	2,800	Nihon Plast Co. Ltd.		20,499
	1,000	Nihon Shokuhin Kako Co. Ltd.		3,553
	1,100	Nihon Tokushu Toryo Co. Ltd.		6,869
	500	Nihon Trim Co. Ltd.		39,689
	13,600	Nihon Unisys Ltd.		140,166
	37,000	Nihon Yamamura Glass Co. Ltd.		66,272
	29,000	Nikkiso Co. Ltd.		367,857
	9,000	Nikko Co. Ltd.		54,703
	55,000	Nippo Corp.		866,693
	12,000	Nippon Beet Sugar Manufacturing Co. Ltd.		23,373
	12,000	Nippon Carbide Industries Co., Inc.		31,242
	39,000	Nippon Carbon Co. Ltd.		72,144
	6,200	Nippon Ceramic Co. Ltd.		95,940
	62,000	Nippon Chemical Industrial Co. Ltd.(b)		83,743
	70,000	Nippon Chemi-Con Corp.(b)		234,315
	3,000	Nippon Chemiphar Co. Ltd.		13,595
	115,000	Nippon Coke & Engineering Co. Ltd.		156,455
	18,000	Nippon Concrete Industries Co. Ltd.		90,907
	26,000	Nippon Conveyor Co. Ltd.(b)		35,372
	13,000	Nippon Denko Co. Ltd.		37,917
	26,000	Nippon Densetsu Kogyo Co. Ltd.		335,911
	197,000	Nippon Electric Glass Co. Ltd.		898,522
	400	Nippon Felt Co. Ltd.		1,852
	600	Nippon Filcon Co. Ltd.		2,566
	9,700	Nippon Fine Chemical Co. Ltd.		59,432
	52,000	Nippon Flour Mills Co. Ltd.		261,603
	26,000	Nippon Formula Feed Manufacturing Co. Ltd.		30,537
	9,200	Nippon Gas Co. Ltd.		97,340
	11,000	Nippon Hume Corp.		97,436
	3,100	Nippon Jogesuido Sekkei Co. Ltd.		39,839
	3,400	Nippon Kanzai Co. Ltd.		66,290
	60,000	Nippon Kayaku Co. Ltd.		805,716
	16,000	Nippon Kinzoku Co. Ltd.(b)		21,611
	56,000	Nippon Koei Co. Ltd.		250,484
	27,000	Nippon Konpo Unyu Soko Co. Ltd.		485,720
	61,000	Nippon Koshuha Steel Co. Ltd.(b)		63,884

Shares			Value
JAPAN (continued)
	300,300	Nippon Light Metal Holdings Co. Ltd.	$	432,065
	3,000	Nippon Meat Packers, Inc.		51,825
	47,000	Nippon Paint Co. Ltd.		784,330
	61,400	Nippon Paper Industries Co. Ltd.		1,119,587
	600	Nippon Parking Development Co. Ltd.		787
	16,000	Nippon Pillar Packing Co. Ltd.		105,393
	61,000	Nippon Piston Ring Co. Ltd.		124,782
	4,000	Nippon Rietec Co. Ltd.		29,754
	54,000	Nippon Road Co. Ltd. (The)		289,635
	19,000	Nippon Seiki Co. Ltd.		359,284
	4,000	Nippon Seiro Co. Ltd.		10,257
	10,000	Nippon Seisen Co. Ltd.		44,142
	18,000	Nippon Sharyo Ltd.		90,555
	455,000	Nippon Sheet Glass Co. Ltd.(b)		601,204
	25,000	Nippon Shinyaku Co. Ltd.		491,338
	64,000	Nippon Shokubai Co. Ltd.		678,399
	23,500	Nippon Signal Co. Ltd. (The)		208,388
	74,000	Nippon Soda Co. Ltd.		428,051
	115,480	Nippon Steel & Sumikin Bussan Corp.		441,937
	46,000	Nippon Steel & Sumikin Texeng Co. Ltd.		179,192
	116,900	Nippon Suisan Kaisha Ltd.(b)		241,420
	23,000	Nippon Synthetic Chemical Industry Co. Ltd. (The)		206,881
	39,000	Nippon Thompson Co. Ltd.		194,294
	21,000	Nippon Valqua Industries Ltd.		57,551
	55,300	Nipro Corp.		488,212
	1,000	Nishikawa Rubber Co. Ltd.		19,223
	168,000	Nishimatsu Construction Co. Ltd.		588,666
	10,800	Nishimatsuya Chain Co. Ltd.		85,833
	359,000	Nishi-Nippon City Bank Ltd. (The)		917,089
	73,000	Nishi-Nippon Railroad Co. Ltd.		278,653
	3,100	Nishio Rent All Co. Ltd.		83,227
	18,300	Nissan Chemical Industries Ltd.		265,625
	39,000	Nissan Shatai Co. Ltd.		496,995
	14,000	Nissan Tokyo Sales Holdings Co. Ltd.		57,277
	1,200	Nissei ASB Machine Co. Ltd.		28,165
	2,300	Nissei Corp.		20,260
	3,900	Nissei Plastic Industrial Co. Ltd.		23,857
	23,600	Nisshin Fudosan Co. Ltd.		89,623
	38,000	Nisshin Oillio Group Ltd. (The)		125,712
	40,300	Nisshin Seifun Group, Inc.		404,696
	17,424	Nisshin Steel Holdings Co. Ltd.		187,593
	66,000	Nisshinbo Holdings, Inc.		584,614
	34,000	Nissin Corp.		94,176
	22,000	Nissin Electric Co. Ltd.		116,923
	18,300	Nissin Kogyo Co. Ltd.		378,287
	2,600	Nissin Sugar Co. Ltd.		57,385
	6,500	Nissui Pharmaceutical Co. Ltd.		70,109
	12,300	Nitta Corp.		279,781

Shares			Value
JAPAN (continued)
	8,600	Nittan Valve Co. Ltd.	$	27,609
	37,000	Nittetsu Mining Co. Ltd.		173,828
	106,000	Nitto Boseki Co. Ltd.		468,944
	600	Nitto FC Co. Ltd.		3,670
	17,600	Nitto Kogyo Corp.		307,488
	4,800	Nitto Kohki Co. Ltd.		86,021
	15,000	Nitto Seiko Co. Ltd.		49,183
	9,500	Nittoc Construction Co. Ltd.		35,891
	3,100	Nittoku Engineering Co. Ltd.		27,398
	7,400	Noevir Holdings Co. Ltd.		136,527
	109,000	NOF Corp.		771,332
	12,000	Nohmi Bosai Ltd.		124,616
	47,200	NOK Corp.		773,808
	17,000	Nomura Co. Ltd.		145,923
	47,000	Noritake Co. Ltd.		115,924
	8,700	Noritsu Koki Co. Ltd.		55,434
	13,800	Noritz Corp.		289,993
	89,400	North Pacific Bank Ltd.		354,380
	7,700	NS Solutions Corp.		198,435
	57,000	NS United Kaiun Kaisha Ltd.(b)		153,421
	3,100	NSD Co. Ltd.		42,782
	225,000	NTN Corp.(b)		988,793
	500	Nuflare Technology, Inc.		52,853
	4,500	Obara Group, Inc.		141,822
	21,000	Obayashi Road Corp.		123,324
	4,000	OBIC Business Consultants Ltd.		136,048
	9,600	Obic Co. Ltd.		298,796
	32,000	Oenon Holdings, Inc.		71,410
	141,000	Ogaki Kyoritsu Bank Ltd. (The)		397,455
	4,300	Ohara, Inc.		25,462
	2,400	Ohashi Technica, Inc.		22,457
	1,800	Ohsho Food Service Corp.		59,195
	14,038	Oiles Corp.		330,031
	65,000	Oita Bank Ltd. (The)		264,021
	20,200	Okabe Co. Ltd.		256,429
	18,000	Okamoto Industries, Inc.		59,372
	9,000	Okamoto Machine Tool Works Ltd.(b)		11,099
	35,000	Okamura Corp.		292,209
	21,000	Okasan Securities Group, Inc.		198,963
	71,000	Oki Electric Industry Co. Ltd.(b)		164,001
	1,400	Okinawa Cellular Telephone Co.		36,655
	600	Okinawa Electric Power Co., Inc. (The)		18,910
	54,000	OKK Corp.		74,523
	62,000	OKUMA Corp.		608,045
	77,000	Okumura Corp.		345,170
	30,000	Okura Industrial Co. Ltd.		97,485
	14,000	Okuwa Co. Ltd.		120,035
	8,200	Onoken Co. Ltd.		100,002
	111,000	Onward Holdings Co. Ltd.		808,300
	1,800	Optex Co. Ltd.		28,241
	10,000	Organo Corp.		46,100
	17,000	Origin Electric Co. Ltd.		53,245

Shares			Value
JAPAN (continued)
	2,700	Osaka Organic Chemical Industry Ltd.	$	12,183
	9,500	Osaka Steel Co. Ltd.		161,231
	4,100	OSAKA Titanium Technologies Co. Ltd.		66,414
	11,000	Osaki Electric Co. Ltd.		65,675
	25,100	OSG Corp.		470,702
	5,300	Otsuka Corp.		633,386
	3,800	Otsuka Kagu Ltd.		37,193
	6,100	Oyo Corp.		96,005
	37,000	Pacific Industrial Co. Ltd.		237,927
	22,000	Pacific Metals Co. Ltd.		78,379
	4,950	Pack Corp. (The)		86,287
	4,000	Pal Co. Ltd.		77,087
	13,650	Paltac Corp.		184,102
	57,000	PanaHome Corp.		398,893
	10,500	Panasonic Industrial Devices SUNX Co. Ltd.		48,918
	1,000	Panasonic Information Systems Co. Ltd.		27,210
	3,100	Paramount Bed Holdings Co. Ltd.		102,099
	4,300	Parco Co. Ltd.		39,772
	6,700	Paris Miki Holdings, Inc.		30,100
	17,500	Park24 Co. Ltd.		362,778
	10,000	Pasco Corp.		47,372
	1,400	Pasona Group, Inc.		8,866
	46,000	Penta-Ocean Construction Co. Ltd.		167,486
	11,400	Pigeon Corp.		526,094
	6,600	Pilot Corp.		202,192
	5,200	Piolax, Inc.		198,238
	129,500	Pioneer Corp.(b)		281,384
	10,200	Plenus Co. Ltd.		239,002
	2,100	Pola Orbis Holdings, Inc.		70,706
	44,000	Press Kogyo Co. Ltd.		189,057
	1,500	Pressance Corp.		41,959
	3,000	Prestige International, Inc.		29,099
	47,000	Prima Meat Packers Ltd.		86,023
	6,800	Pronexus, Inc.		43,727
	900	Proto Corp.		12,588
	2,500	Qol Co. Ltd.		14,486
	42,100	Raito Kogyo Co. Ltd.		288,029
	1,900	Relo Holdings, Inc.		100,235
	124,840	Rengo Co. Ltd.		665,927
	35,400	Renown, Inc.(b)		45,389
	26,200	Resorttrust, Inc.		455,173
	3,000	Rheon Automatic Machinery Co. Ltd.		17,765
	49,000	Rhythm Watch Co. Ltd.		66,184
	9,100	Ricoh Leasing Co. Ltd.		245,826
	8,100	Right On Co. Ltd.		56,685
	31,000	Riken Corp.		146,853
	11,400	Riken Keiki Co. Ltd.		96,850
	19,000	Riken Technos Corp.		115,298
	2,600	Riken Vitamin Co. Ltd.		62,067

Shares			Value
JAPAN (continued)
	3,000	Ringer Hut Co. Ltd.	$	43,927
	16,800	Riso Kagaku Corp.		336,263
	6,980	Riso Kyoiku Co. Ltd.		38,326
	4,500	Rock Field Co. Ltd.		79,456
	32,000	Rohto Pharmaceutical Co. Ltd.		515,846
	1,200	Roland DG Corp.		39,581
	39,700	Round One Corp.		370,694
	8,600	Royal Holdings Co. Ltd.		124,998
	76,000	Ryobi Ltd.		313,164
	16,000	Ryoden Trading Co. Ltd.		113,849
	7,600	Ryohin Keikaku Co. Ltd.		704,434
	19,600	Ryosan Co. Ltd.		411,874
	8,400	Ryoyo Electro Corp.		89,451
	3,500	S Foods, Inc.		37,100
	2,000	Sagami Chain Co. Ltd.		18,322
	69,000	Saibu Gas Co. Ltd.		163,433
	5,700	Saizeriya Co. Ltd.		67,449
	37,000	Sakai Chemical Industry Co. Ltd.		112,264
	18,000	Sakai Heavy Industries Ltd.		64,833
	1,000	Sakai Moving Service Co. Ltd.		34,306
	39,000	Sakai Ovex Co. Ltd.		73,290
	18,000	Sakata INX Corp.		163,668
	17,300	Sakata Seed Corp.		222,325
	4,500	Sala Corp.		21,538
	7,000	San-A Co. Ltd.		199,031
	50,000	San-Ai Oil Co. Ltd.		242,243
	26,000	Sanden Corp.		124,949
	2,000	Sanei Architecture Planning Co. Ltd.		16,756
	22,575	Sangetsu Co. Ltd.		558,354
	82,000	San-In Godo Bank Ltd. (The)		574,650
	4,500	Sanix, Inc.(b)		38,891
	44,000	Sanken Electric Co. Ltd.		307,057
	31,000	Sanki Engineering Co. Ltd.		191,759
	5,000	Sanko Marketing Foods Co. Ltd.		45,366
	14,000	Sanko Metal Industrial Co. Ltd.		36,723
	23,200	Sankyo Seiko Co. Ltd.		82,881
	11,400	Sankyo Tateyama, Inc.		268,905
	129,000	Sankyu, Inc.		489,889
	20,600	Sanoh Industrial Co. Ltd.		144,767
	8,200	Sanshin Electronics Co. Ltd.		58,508
	68,000	Sanwa Holdings Corp.		479,201
	34,000	Sanyo Chemical Industries Ltd.		239,601
	13,000	Sanyo Denki Co. Ltd.		87,668
	2,000	Sanyo Electric Railway Co. Ltd.		7,967
	5,400	Sanyo Housing Nagoya Co. Ltd.		58,878
	19,000	Sanyo Industries Ltd.		33,846
	59,000	Sanyo Shokai Ltd.		158,804
	78,000	Sanyo Special Steel Co. Ltd.		351,179
	156,000	Sapporo Holdings Ltd.		597,005
	19,000	Sasebo Heavy Industries Co. Ltd.(b)		25,477
	26,000	Sata Construction Co. Ltd.		32,319
	4,900	SATO Holdings Corp.		109,491

Shares			Value
JAPAN (continued)
	6,300	Sato Shoji Corp.	$	41,252
	6,500	Satori Electric Co. Ltd.		40,144
	5,200	Sawada Holdings Co. Ltd.		62,347
	9,000	Sawai Pharmaceutical Co. Ltd.		539,982
	37,000	SAXA Holdings, Inc.		56,132
	100,480	SBI Holdings, Inc.		1,408,313
	700	SBS Holdings, Inc.		11,860
	13,600	Scroll Corp.		42,596
	21,797	SCSK Corp.		608,234
	1,600	Secom Joshinetsu Co. Ltd.		39,464
	4,000	Seibu Electric Industry Co. Ltd.		18,244
	37,000	Seika Corp.		88,363
	3,500	Seikagaku Corp.		52,652
	8,000	Seikitokyu Kogyo Co. Ltd.(b)		10,806
	55,200	Seiko Epson Corp.		1,459,286
	26,000	Seiko Holdings Corp.		129,784
	2,400	Seiko PMC Corp.		19,145
	97,000	Seino Holdings Co. Ltd.		928,511
	18,700	Seiren Co. Ltd.		146,423
	32,000	Sekisui Jushi Corp.		451,953
	12,000	Sekisui Plastics Co. Ltd.		33,239
	37,000	Senko Co. Ltd.		182,881
	2,000	Senshu Electric Co. Ltd.		26,113
	29,220	Senshu Ikeda Holdings, Inc.		131,271
	9,000	Senshukai Co. Ltd.		74,963
	3,300	Seria Co. Ltd.		136,948
	1,000	Shibaura Mechatronics Corp.(b)		2,339
	25,000	Shibusawa Warehouse Co. Ltd. (The)		90,535
	9,400	Shibuya Kogyo Co. Ltd.		241,049
	91,000	Shiga Bank Ltd. (The)		448,899
	93,000	Shikibo Ltd.		121,063
	33,000	Shikoku Bank Ltd. (The)		72,996
	25,000	Shikoku Chemicals Corp.		192,327
	19,400	Shikoku Electric Power Co., Inc.(b)		283,680
	6,300	Shima Seiki Manufacturing Ltd.		104,147
	32,149	Shimachu Co. Ltd.		721,834
	74,000	Shimadzu Corp.		663,443
	800	Shimane Bank Ltd. (The)		10,461
	3,600	Shimizu Bank Ltd. (The)		91,436
	141,000	Shimizu Corp.		770,069
	2,500	Shimojima Co. Ltd.		23,759
	7,400	Shin Nippon Air Technologies Co. Ltd.		45,992
	32,000	Shinagawa Refractories Co. Ltd.		70,158
	32,000	Shindengen Electric Manufacturing Co. Ltd.		199,511
	9,300	Shin-Etsu Polymer Co. Ltd.		34,862
	9,000	Shin-Keisei Electric Railway Co. Ltd.		32,505
	33,500	Shinko Electric Industries Co. Ltd.		262,308
	9,700	Shinko Plantech Co. Ltd.		72,819
	13,300	Shinko Shoji Co. Ltd.		118,199
	7,000	Shinko Wire Co. Ltd.		12,332

Shares			Value
JAPAN (continued)
	41,000	Shinmaywa Industries Ltd.	$	355,545
	31,500	Shinnihon Corp.		94,034
	30,000	Shinsho Corp.		64,011
	900	Shinwa Co. Ltd.		10,650
	10,500	Ship Healthcare Holdings, Inc.		404,913
	20,000	Shiroki Corp.		45,415
	3,000	Shizuki Electric Co., Inc.		13,507
	32,500	Shizuoka Gas Co. Ltd.		193,085
	6,500	Shobunsha Publications, Inc.		45,361
	500	Shoei Foods Corp.		3,949
	900	Shofu, Inc.		7,620
	34,000	Shoko Co. Ltd.		51,913
	2,000	Showa Aircraft Industry Co. Ltd.		27,816
	25,600	Showa Corp.		344,023
	928,600	Showa Denko KK		1,272,428
	32,000	Showa Sangyo Co. Ltd.		103,044
	57,400	Showa Shell Sekiyu KK		551,696
	7,000	Siix Corp.		98,659
	18,000	Sinanen Co. Ltd.		72,937
	22,000	Sinfonia Technology Co. Ltd.		35,529
	4,900	Sinko Industries Ltd.		36,881
	41,100	Sintokogio Ltd.		316,185
	122,200	SKY Perfect JSAT Holdings, Inc.		632,708
	27,000	SMK Corp.		132,133
	1,400	SMS Co. Ltd.		29,214
	13,500	SNT Corp.		53,249
	29,300	Sodick Co. Ltd.		127,329
	6,100	Soft99 Corp.		41,196
	2,200	Sogo Medical Co. Ltd.		83,870
	49,188	Sohgo Security Services Co. Ltd.		931,573
	820,800	Sojitz Corp.		1,429,993
	50,000	Sotetsu Holdings, Inc.		181,071
	1,900	Space Co. Ltd.		16,142
	700	SPK Corp.		13,038
	7,800	Square Enix Holdings Co. Ltd.		221,014
	2,700	SRA Holdings, Inc.		36,891
	300	ST Corp.		2,901
	1,800	St. Marc Holdings Co. Ltd.		86,327
	10,000	Stanley Electric Co. Ltd.		229,030
	19,100	Star Micronics Co. Ltd.		222,089
	1,200	Starbucks Coffee Japan Ltd.		14,564
	10,200	Start Today Co. Ltd.		228,619
	4,000	Starts Corp., Inc.		55,789
	26,000	Starzen Co. Ltd.		70,490
	3,000	Stella Chemifa Corp.		45,101
	2,500	Studio Alice Co. Ltd.		33,180
	8,000	Sugi Holdings Co. Ltd.		321,425
	3,800	Sugimoto & Co. Ltd.		35,742
	21,600	Sumco Corp.(b)		168,073
	4,800	Sumida Corp.		24,054
	36,000	Suminoe Textile Co. Ltd.		107,116
	87,000	Sumitomo Bakelite Co. Ltd.		328,687
	8,900	Sumitomo Densetsu Co. Ltd.		130,577
	65,400	Sumitomo Forestry Co. Ltd.		716,283

Shares			Value
JAPAN (continued)
	135,000	Sumitomo Heavy Industries Ltd.	$	634,237
	126,800	Sumitomo Mitsui Construction Co. Ltd.(b)		142,723
	246,000	Sumitomo Osaka Cement Co. Ltd.		931,800
	13,000	Sumitomo Precision Products Co. Ltd.		55,731
	6,280	Sumitomo Real Estate Sales Co. Ltd.		197,306
	38,000	Sumitomo Seika Chemicals Co. Ltd.		304,238
	61,000	Sumitomo Warehouse Co. Ltd. (The)		328,971
	2,500	Sun Frontier Fudousan Co. Ltd.		34,061
	2,000	Suncall Corp.		13,487
	12,700	Sundrug Co. Ltd.		537,609
	3,600	Sun-Wa Technos Corp.		31,430
	23,000	Suzuken Co. Ltd.		801,409
	115,000	SWCC Showa Holdings Co. Ltd.(b)		124,939
	5,400	Systena Corp.		39,640
	3,400	T&K Toka Co. Ltd.		73,111
	1,900	T. Hasegawa Co. Ltd.		26,612
	42,000	T. RAD Co. Ltd.		114,691
	6,000	Tachibana Eletech Co. Ltd.		78,634
	11,900	Tachi-S Co. Ltd.		163,993
	68,000	Tadano Ltd.		971,048
	10,000	Taihei Dengyo Kaisha Ltd.		64,109
	37,000	Taiheiyo Kouhatsu, Inc.		40,198
	9,600	Taiho Kogyo Co. Ltd.		95,370
	16,700	Taikisha Ltd.		364,337
	10,000	Taiko Bank Ltd. (The)		20,652
	900	Taisei Lamick Co., Ltd.		23,476
	5,500	Taiyo Holdings Co. Ltd.		180,875
	59,000	Taiyo Nippon Sanso Corp.		414,623
	25,400	Taiyo Yuden Co. Ltd.		312,745
	1,600	Takachiho Koheki Co. Ltd.		15,598
	16,000	Takagi Securities Co. Ltd.		57,943
	7,100	Takamatsu Construction Group Co. Ltd.		124,182
	4,000	Takano Co. Ltd.		22,003
	18,000	Takara Leben Co. Ltd.		58,667
	4,400	Takara Printing Co. Ltd.		30,921
	65,000	Takara Standard Co. Ltd.		467,603
	34,000	Takasago International Corp.		188,686
	30,400	Takasago Thermal Engineering Co. Ltd.		274,632
	18,000	Takashima & Co. Ltd.		44,044
	65,000	Takashimaya Co. Ltd.		612,655
	13,800	Takata Corp.		416,013
	1,630	Take And Give Needs Co. Ltd.		38,385
	3,000	Takeei Corp.		32,828
	1,900	Takeuchi Manufacturing Co. Ltd.		57,184
	12,000	Takihyo Co. Ltd.		48,272
	23,000	Takiron Co. Ltd.		98,825

Shares			Value
JAPAN (continued)
	33,000	Takisawa Machine Tool Co. Ltd.	$	52,325
	18,000	Takuma Co. Ltd.		164,373
	5,900	Tamron Co. Ltd.		142,404
	50,000	Tamura Corp.		142,410
	1,300	Tanseisha Co. Ltd.		6,756
	20,500	Tatsuta Electric Wire and Cable Co. Ltd.		122,795
	20,000	Tayca Corp.		57,355
	19,000	TBK Co. Ltd.		109,905
	600	Techno Medica Co. Ltd.		12,544
	1,200	Techno Ryowa Ltd.		5,920
	13,400	Tecmo Koei Holdings Co. Ltd.		164,336
	580,000	Teijin Ltd.		1,322,697
	1,200	Teikoku Electric Manufacturing Co. Ltd.		31,912
	7,000	Teikoku Sen-I Co. Ltd.		87,423
	15,000	Teikoku Tsushin Kogyo Co. Ltd.		25,252
	98,000	Tekken Corp.(b)		274,327
	1,400	Tella, Inc.(b)		30,954
	5,300	Temp Holdings Co. Ltd.		160,810
	2,700	T-Gaia Corp.		33,377
	23,500	THK Co. Ltd.		520,970
	1,000	Tigers Polymer Corp.		4,747
	11,000	TKC Corp.		205,853
	156,000	Toa Corp.(b)		340,491
	6,000	Toa Corp.		58,373
	58,000	Toa Oil Co. Ltd.		93,100
	22,000	Toa Road Corp.		109,171
	51,000	Toabo Corp.		38,436
	104,500	Toagosei Co. Ltd.		435,715
	10,100	Tobishima Corp.(b)		15,619
	15,000	Tobu Store Co. Ltd.		38,172
	37,600	TOC Co. Ltd.		276,747
	1,700	Tocalo Co. Ltd.		28,469
	60,000	Tochigi Bank Ltd. (The)		236,077
	106,000	Toda Corp.		356,895
	15,000	Toda Kogyo Corp.		40,961
	1,400	Toei Animation Co. Ltd.		36,997
	32,000	Toei Co. Ltd.		196,379
	25,000	Toenec Corp.		155,378
	62,000	Toho Bank Ltd. (The)		190,545
	8,000	Toho Co. Ltd.		28,267
	26,000	Toho Gas Co. Ltd.		121,640
	11,600	Toho Holdings Co. Ltd.		206,750
	2,100	Toho Titanium Co. Ltd.		13,792
	73,000	Toho Zinc Co. Ltd.		260,791
	53,000	Tohoku Bank Ltd. (The)		76,255
	500	Tohokushinsha Film Corp.		4,674
	14,000	Tohto Suisan Co. Ltd.		28,090
	61,000	Tokai Carbon Co. Ltd.		198,219
	1,100	Tokai Corp.		32,837
	4,000	TOKAI Holdings Corp.		13,037
	22,000	Tokai Lease Co. Ltd.		41,343
	26,700	Tokai Rika Co. Ltd.		498,877

Shares			Value
JAPAN (continued)
	17,500	Tokai Rubber Industries Ltd.	$	183,616
	88,000	Tokai Tokyo Financial Holdings, Inc.		786,376
	1,890	Token Corp.		88,146
	33,840	Tokushu Tokai Paper Co. Ltd.		69,886
	158,000	Tokuyama Corp.		644,866
	20,000	Tokyo Broadcasting System Holdings, Inc.		242,145
	2,200	Tokyo Derica Co. Ltd.		31,309
	32,000	Tokyo Dome Corp.		192,933
	2,400	Tokyo Electron Device Ltd.		36,504
	5,000	Tokyo Energy & Systems, Inc.		25,644
	40,000	Tokyo Keiki, Inc.		111,579
	12,000	Tokyo Kikai Seisakusho Ltd.(b)		12,450
	39,800	Tokyo Ohka Kogyo Co. Ltd.		802,466
	7,000	Tokyo Rakutenchi Co. Ltd.		31,927
	89,000	Tokyo Rope Manufacturing Co. Ltd.(b)		141,118
	2,500	Tokyo Sangyo Co. Ltd.		9,714
	14,700	Tokyo Seimitsu Co. Ltd.		290,633
	44,800	Tokyo Steel Manufacturing Co. Ltd.(b)		231,520
	86,000	Tokyo Tatemono Co. Ltd.		816,482
	32,000	Tokyo Tekko Co. Ltd.		117,451
	31,000	Tokyo Theaters Co., Inc.		47,333
	17,500	Tokyo Tomin Bank Ltd. (The)		177,449
	21,521	Tokyu Fudosan Holdings Corp.(b)		186,837
	27,000	Toli Corp.		55,231
	28,000	Tomato Bank Ltd.		46,315
	4,000	Tomen Devices Corp.		71,097
	7,900	Tomen Electronics Corp.		126,963
	18,100	Tomoe Corp.		80,606
	3,300	Tomoe Engineering Co. Ltd.		51,872
	4,000	Tomoegawa Co. Ltd.		7,673
	49,000	Tomoku Co. Ltd.		160,183
	71,700	TOMONY Holdings, Inc.		285,621
	31,000	Tomy Co. Ltd.		140,785
	25,000	Tonami Holdings Co. Ltd.		49,672
	13,100	Topcon Corp.		183,608
	26,500	Toppan Forms Co. Ltd.		231,878
	29,000	Topre Corp.		379,779
	103,000	Topy Industries Ltd.		181,462
	1,000	Toridoll.Corp.		8,652
	8,800	Torigoe Co. Ltd. (The)		58,483
	5,300	Torii Pharmaceutical Co. Ltd.		162,367
	5,400	Torishima Pump Manufacturing Co. Ltd.		58,508
	12,100	Tosei Corp.		84,914
	67,000	Toshiba Machine Co. Ltd.		366,575
	17,000	Toshiba Plant Systems & Services Corp.		253,577
	106,000	Toshiba TEC Corp.		710,678
	18,000	Tosho Printing Co. Ltd.		71,528
	225,000	Tosoh Corp.		977,782
	12,000	Totetsu Kogyo Co. Ltd.		244,299

Shares			Value
JAPAN (continued)
	21,000	Tottori Bank Ltd. (The)	$	37,614
	174,000	Towa Bank Ltd. (The)		172,007
	1,900	Towa Corp.		9,149
	2,800	Towa Pharmaceutical Co. Ltd.		114,006
	29,800	Toyo Construction Co. Ltd.		107,918
	8,200	Toyo Corp.		84,352
	3,000	Toyo Denki Seizo - Toyo Electric Manufacturing Co. Ltd.		9,983
	62,000	Toyo Engineering Corp.		274,288
	152,000	Toyo Ink SC Holdings Co. Ltd.		740,883
	6,000	Toyo Kanetsu KK		16,737
	28,000	Toyo Kohan Co. Ltd.		129,627
	29,000	Toyo Securities Co. Ltd.		107,292
	19,700	Toyo Seikan Group Holdings Ltd.		356,324
	16,000	Toyo Suisan Kaisha Ltd.		507,390
	1,300	Toyo Tanso Co. Ltd.		25,600
	98,000	Toyo Tire & Rubber Co. Ltd.		561,124
	20,000	Toyo Wharf & Warehouse Co. Ltd.		46,589
	285,000	Toyobo Co. Ltd.		513,262
	32,300	Toyoda Gosei Co. Ltd.		690,133
	28,300	Toyota Boshoku Corp.		327,124
	9,200	TPR Co. Ltd.		157,761
	1,200	Trancom Co. Ltd.		44,162
	12,300	Transcosmos, Inc.		258,833
	8,800	Trusco Nakayama Corp.		204,733
	8,800	TS Tech Co. Ltd.		329,451
	54,600	TSI Holdings Co. Ltd.		328,124
	67,000	Tsubakimoto Chain Co.		533,797
	8,000	Tsubakimoto Kogyo Co. Ltd.		23,020
	47,000	Tsudakoma Corp.(b)		77,743
	34,000	Tsugami Corp.		199,002
	15,000	Tsukamoto Corp Co. Ltd.		22,463
	18,000	Tsukishima Kikai Co. Ltd.		182,167
	39,433	Tsukuba Bank Ltd.		141,259
	4,700	Tsukui Corp.		44,116
	16,700	Tsumura & Co.		414,844
	5,300	Tsuruha Holdings, Inc.		499,031
	7,000	Tsurumi Manufacturing Co. Ltd.		84,956
	2,400	Tsutsumi Jewelry Co. Ltd.		55,367
	7,000	TTK Co. Ltd.		32,407
	8,100	TV Asahi Corp.		168,390
	200	TV Tokyo Holdings Corp.		3,277
	68,840	UACJ Corp.		271,533
	427,800	Ube Industries Ltd.		887,673
	23,000	Uchida Yoko Co. Ltd.		64,383
	14,000	Ueki Corp.		27,816
	4,600	UKC Holdings Corp.		74,963
	8,600	Ulvac, Inc.(b)		142,758
	36,000	Uniden Corp.(b)		109,934
	400	Union Tool Co.		10,183
	21,600	Unipres Corp.		391,747
	7,300	United Arrows Ltd.		237,212
	96,000	Unitika Ltd.(b)		61,075

Shares			Value
JAPAN (continued)
	4,900	Universal Entertainment Corp.	$	90,355
	109,600	UNY Group Holdings Co. Ltd.		662,942
	19,280	Usen Corp.(b)		66,990
	14,100	U-Shin Ltd.		93,844
	24,300	Ushio, Inc.		294,682
	4,000	UT Holdings Co. Ltd.		21,611
	8,800	Utoc Corp.		31,438
	16,200	Valor Co. Ltd.		217,226
	1,800	Village Vanguard Co. Ltd.		21,846
	22,600	Vital KSK Holdings, Inc.		152,628
	5,400	VT Holdings Co. Ltd.		91,806
	32,000	Wacoal Holdings Corp.		332,309
	26,700	Wacom Co. Ltd.		171,693
	33,000	Wakachiku Construction Co. Ltd.(b)		40,051
	16,000	Wakita & Co. Ltd.		180,718
	7,600	Warabeya Nichiyo Co. Ltd.		152,193
	2,800	Watabe Wedding Corp.		18,581
	6,300	WATAMI Co. Ltd.		87,622
	3,000	Weathernews, Inc.		77,224
	900	Welcia Holdings Co. Ltd.		52,236
	2,700	West Holdings Corp.		34,566
	18,000	Wood One Co. Ltd.		57,258
	500	Wowow, Inc.		16,908
	20,700	Xebio Co. Ltd.		416,148
	5,100	Yachiyo Bank Ltd. (The)		135,075
	4,700	Yahagi Construction Co. Ltd.		43,932
	1,200	Yaizu Suisankagaku Industry Co. Ltd.		10,582
	2,700	YAMABIKO Corp.		95,268
	88,000	Yamagata Bank Ltd. (The)		346,246
	157,000	Yamaguchi Financial Group, Inc.		1,445,992
	124,300	Yamaha Corp.		1,860,181
	79,000	Yamanashi Chuo Bank Ltd. (The)		338,671
	70,000	Yamatane Corp.		117,843
	5,700	Yamato Kogyo Co. Ltd.		170,715
	54,000	Yamazaki Baking Co. Ltd.		586,141
	100	Yamazawa Co. Ltd.		1,493
	18,200	Yamazen Corp.		107,059
	2,500	Yaoko Co. Ltd.		103,749
	700	Yashima Denki Co. Ltd.		3,076
	34,000	Yaskawa Electric Corp.		472,546
	7,900	Yasuda Warehouse Co. Ltd. (The)		77,399
	15,900	Yellow Hat Ltd.		295,839
	57,000	Yodogawa Steel Works Ltd.		248,263
	17,000	Yokogawa Bridge Holdings Corp.		234,110
	25,300	Yokogawa Electric Corp.		397,936
	22,300	Yokohama Reito Co. Ltd.		175,266
	51,000	Yokohama Rubber Co. Ltd. (The)		461,231
	3,300	Yokowo Co. Ltd.		17,829
	5,000	Yomeishu Seizo Co. Ltd.		40,863

Shares			Value
JAPAN (continued)
	7,000	Yomiuri Land Co. Ltd.	$	44,465
	5,000	Yondenko Corp.		17,862
	3,100	Yondoshi Holdings, Inc.		49,244
	3,200	Yonex Co. Ltd.		20,170
	8,300	Yorozu Corp.		153,782
	1,800	Yoshinoya Holdings Co. Ltd.		25,792
	56,000	Yuasa Trading Co. Ltd.		117,843
	27,000	Yuken Kogyo Co. Ltd.		62,102
	3,800	Yumeshin Holdings Co. Ltd.		33,920
	13,000	Yurtec Corp.		45,297
	9,100	Yusen Logistics Co. Ltd.		109,642
	2,740	Yushin Precision Equipment Co. Ltd.		60,367
	2,000	Yushiro Chemical Industry Co. Ltd.		20,182
	12,300	Zenrin Co. Ltd.		115,933
	18,700	Zensho Holdings Co. Ltd.		210,483
	72,000	Zeon Corp.		708,936
	7,700	ZERIA Pharmaceutical Co. Ltd.		205,444
	4,000	Zojirushi Corp.		14,525
	600	Zuiko Corp.		32,828
	10,700	Zuken, Inc.		88,076
				308,130,728
JERSEY CHANNEL ISLANDS — 0.0%
	5,067	Atrium European Real Estate Ltd.		28,470
	61,698	Centamin Plc(b)		44,729
	55,236	Heritage Oil Plc(b)		170,709
	38,742	Petra Diamonds Ltd.(b)		87,826
	36,240	Phoenix Group Holdings		437,578
	8,082	Randgold Resources Ltd.		557,082
				1,326,394
LIECHTENSTEIN — 0.0%
	378	Liechtensteinische Landesbank AG		17,135
	912	Verwaltungs- und Privat-Bank AG		94,353
				111,488
LUXEMBOURG — 0.3%
	34,744	APERAM(b)		624,872
	2,734,415	AZ Electronic Materials SA(d)		17,796,109
	1,248	Eurofins Scientific SE		317,786
	1,096	GAGFAH SA(b)		15,757
	104,500	L’Occitane International SA		208,359
	1,351	Oriflame Cosmetics SA - SDR		37,284
	100,579	Regus Plc		346,391
	153,988	Transcom WorldWide SA, Class B - SDR(b)		32,906
				19,379,464
MALAYSIA — 0.6%
	50,600	Aeon Co. (M) Berhad		185,979
	8,520	Aeon Credit Service M Berhad		33,097
	317,300	Affin Holdings Berhad		388,743

Shares			Value
MALAYSIA (continued)
	608,300	AirAsia Berhad	$	410,805
	20,200	Alam Maritim Resources Berhad		8,692
	532,300	Alliance Financial Group Berhad		739,637
	20,100	Amway Malaysia Holdings Berhad		73,277
	1,315,400	APM Automotive Holdings Berhad(d)		2,342,682
	1,702,376	Axis Real Estate Investment Trust(d)		1,449,805
	32,700	Batu Kawan Berhad		191,519
	108,800	Benalec Holdings Berhad		28,773
	95,933	Berjaya Assets Berhad		23,649
	1,100,600	Berjaya Corp. Berhad		167,729
	158,984	Berjaya Sports Toto Berhad		192,406
	128,600	BIMB Holdings Berhad		164,857
	644,400	Bintulu Port Holdings Berhad(d)		1,444,195
	400	Boustead Heavy Industries Corp. Berhad(b)		293
	365,904	Boustead Holdings Berhad		574,031
	88,300	Bumi Armada Berhad		106,862
	59,500	Bursa Malaysia Berhad		138,327
	41,900	Cahya Mata Sarawak Berhad		92,902
	49,500	Carlsberg Brewery-Malaysia Berhad		168,920
	49,030	CB Industrial Product Holding Berhad		48,788
	25,300	Coastal Contracts Berhad		29,182
	28,650	Dayang Enterprise Holdings Berhad		31,933
	3,831,852	Dialog Group Berhad		3,721,356
	529,400	DRB-Hicom Berhad		427,127
	475,000	Eastern & Oriental Berhad		273,943
	116,100	Evergreen Fibreboard Berhad(b)		15,959
	70,300	Faber Group Berhad		54,198
	20,800	Fraser & Neave Holdings Berhad		114,489
	698,100	Gamuda Berhad		932,469
	89,300	Genting Plantations Berhad		274,851
	23,300	Globetronics Technology Berhad		22,837
	125,000	Glomac Berhad		41,088
	59,600	Guinness Anchor Berhad		252,185
	499,380	HAP Seng Consolidated Berhad		410,368
	110,500	Hap Seng Plantations Holdings Berhad		89,813
	1,332,700	Hartalega Holdings Berhad(d)		2,827,482
	19,992	Hock Seng LEE Berhad		10,753
	83,100	Hong Leong Financial Group Berhad		392,841
	51,500	Hong Leong Industries Berhad		83,563
	37,733	Hua Yang Berhad		20,296
	391,730	IGB Corp. Berhad		312,541
	833,940	IJM Corp. Berhad		1,472,758

Shares			Value
MALAYSIA (continued)
	192,200	IJM Land Berhad	$	142,434
	125,900	IJM Plantations Berhad		124,151
	40,600	Integrated Logistics Berhad		9,463
	162,700	JAKS Resources Berhad(b)		24,795
	218,400	JCY International Berhad		43,399
	32,800	JT International Berhad		63,414
	99,279	K&N Kenanga Holdings Berhad(b)		17,207
	44,400	Karambunai Corp. Berhad(b)		995
	89,800	Keck Seng (Malaysia) Berhad		165,297
	103,900	Kian JOO CAN Factory Berhad		97,799
	1,976,800	KKB Engineering Berhad(d)		1,447,231
	293,400	KLCC Property Holdings Berhad		508,507
	589,500	KNM Group Berhad(b)		108,335
	38,800	Kossan Rubber Industries		49,043
	2,502,688	KPJ Healthcare Berhad		2,512,784
	83,900	KSL Holdings Berhad(b)		56,159
	370,600	Kulim Malaysia Berhad(b)		354,376
	52,850	Kumpulan Fima Berhad		30,480
	66,200	Kumpulan Perangsang Selangor Berhad		33,629
	87,500	Lafarge Malaysia Berhad		222,247
	232,500	Land & General Berhad(b)		30,917
	157,800	Landmarks Berhad(b)		48,568
	37,900	LBS Bina Group Berhad		16,988
	79,000	Lingkaran Trans Kota Holdings Berhad		93,955
	15,500	LPI Capital Berhad		76,886
	387,807	Mah Sing Group Berhad		238,722
	121,750	Malayan Flour Mills Berhad		58,574
	159,548	Malaysia Airports Holdings Berhad		403,340
	171,750	Malaysia Building Society Berhad		110,343
	14,800	Malaysia Marine and Heavy Engineering Holdings Berhad		16,054
	290,500	Malaysian Airline System Berhad(b)		26,042
	128,900	Malaysian Bulk Carriers Berhad		73,954
	32,000	Malaysian Pacific Industries Berhad		41,213
	291,250	Malaysian Resources Corp. Berhad		133,158
	37,180	MBM Resources Berhad		36,108
	2,645,200	Media Prima Berhad		1,889,146
	18,700	Mega First Corp. Berhad		12,182
	67,500	MKH Berhad		61,318
	460,600	MMC Corp. Berhad		385,382
	45,500	MNRB Holdings Berhad		48,267
	102,700	Mudajaya Group Berhad		80,405
	189,500	Muhibbah Engineering M Berhad		135,903
	690,300	Mulpha International Berhad(b)		85,604
	17,800	My EG Services Berhad		14,149
	50,500	Naim Holdings Berhad		52,816
	157,000	Nam Cheong Ltd.		39,350

Shares			Value
MALAYSIA (continued)
	60,300	NCB Holdings Berhad	$	62,165
	3,800	Nestle Malaysia Berhad		76,715
	102,200	Oriental Holdings Berhad		239,429
	441,390	OSK Holdings Berhad		212,353
	39,200	Padini Holdings Berhad		18,742
	4,300	Panasonic Manufacturing Malaysia Berhad		26,598
	43,120	Paramount Corp. Berhad		19,457
	51,959	Parkson Holdings Berhad		45,492
	45,300	Perisai Petroleum Teknologi Berhad(b)		22,605
	142,800	POS Malaysia Berhad		238,533
	55,600	Press Metal Berhad		38,878
	2,559,000	QL Resources Berhad(d)		3,058,718
	49,940	Sapurakencana Petroleum Berhad(b)		65,512
	36,200	Sarawak Oil Palms Berhad		71,178
	165,200	Scomi Group Berhad(b)		18,265
	2,300	Selangor Properties Berhad		3,265
	51,500	Shangri-La Hotels (Malaysia) Berhad		107,571
	28,800	Shell Refining Co. Federation of Malaya Berhad		55,939
	18,690	Subur Tiasa Holdings Berhad		11,002
	443,660	Sunway Berhad		357,951
	99,200	Supermax Corp. Berhad		86,557
	89,164	Ta Ann Holdings Berhad		110,040
	682,700	TA Enterprise Berhad		151,983
	195,360	TA Global Berhad		17,221
	113,100	TAN Chong Motor Holdings Berhad		192,640
	444,000	TDM Berhad		115,428
	61,440	TH Plantations Berhad		33,047
	315,760	Time dotCom Berhad(b)		334,961
	46,900	Tiong NAM Logistics Holdings		18,499
	120,960	Top Glove Corp. Berhad		198,437
	155,100	Tropicana Corp. Berhad		56,543
	57,200	TSH Resources Berhad		48,030
	377,908	UEM Sunrise Berhad		233,758
	184,300	UMW Holdings Berhad		652,058
	133,400	Unisem (M) Berhad		37,471
	15,000	United Malacca Berhad		30,973
	33,600	United Plantations Berhad		257,033
	131,156	Wah Seong Corp. Berhad		75,641
	473,300	WCT Holdings Berhad		294,177
	2,861,300	Wellcall Holdings Berhad(d)		2,907,043
	170,700	WTK Holdings Berhad		63,251
	140,671	YNH Property Berhad		76,504
	354,800	YTL Corp. Berhad		163,273
	41,000	YTL Land & Development Berhad(b)		11,026
	418,100	YTL Power International Berhad		233,631
	25,600	Zhulian Corp. Berhad		23,791
				42,182,473

Shares			Value
MALTA — 0.0%
	10,206	Brait SE(b)	$	44,098
	8,169	Unibet Group Plc - SDR		397,764
				441,862
MEXICO — 0.4%
	1,173,739	Alfa SAB de CV - Series A		3,304,267
	76,868	Alsea SAB de CV		229,271
	299,300	Arca Continental SAB de CV		1,645,098
	1,673,300	Asesor de Activos Prisma SAPI de CV REIT		2,126,970
	467,240	Axtel SAB de CV - CPO Units(b)		187,609
	750,900	Bolsa Mexicana de Valores SAB de CV		1,515,949
	1,800	Cia Minera Autlan SAB de CV - Series B		1,406
	6,400	Concentradora Fibra Hotelera Mexicana SA de CV REIT		10,380
	147,024	Consorcio ARA SAB de CV(b)		57,935
	227,687	Controladora Comercial Mexicana SAB de CV - Units		859,232
	1,456,300	Corp Inmobiliaria Vesta SAB de CV		2,667,814
	800	Corp. Actinver SAB de CV		861
	78,869	Corp. GEO SAB de CV - Series B(b)		1,577
	61,938	Corp. Interamericana de Entretenimiento SAB de CV - Series B(b)(d)		37,976
	27,300	Corp. Moctezuma SAB de CV		79,610
	136,820	Empresas ICA SAB de CV(b)		264,249
	1,947,800	Fibra Shop Portafolios Inmobiliarios SAPI de CV REIT		2,213,740
	10,800	Financiera Independencia SAB de CV(b)		3,553
	138,700	Genomma Lab Internacional SAB de CV - Class B(b)		342,239
	53,869	Gruma SAB de CV - Series B(b)		439,039
	19,369	Grupo Aeromexico SAB de CV(b)		28,212
	109,917	Grupo Aeroportuario del Centro Norte SAB de CV		341,159
	430,800	Grupo Aeroportuario del Pacifico SAB de CV - Series B		2,348,559
	164,456	Grupo Aeroportuario del Sureste SAB de CV - Series B		1,851,022
	1,600	Grupo Carso SAB de CV - Series A1		8,346
	120,492	Grupo Cementos de Chihuahua SAB de CV(d)		342,357
	45,878	Grupo Comercial Chedraui SA de CV		135,329
	61,867	Grupo Famsa SAB de CV(b)		96,959
	12,100	Grupo Financiero Interacciones SA de CV		64,237
	34,081	Grupo Herdez SAB de CV		106,417

Shares			Value
MEXICO (continued)
	57,500	Grupo Industrial Maseca SAB de CV - Series B	$	84,612
	12,400	Grupo Industrial Saltillo SAB de CV		22,067
	45,400	Grupo Simec SAB de CV - Series B(b)		169,325
	264,100	Impulsora del Desarrollo y El Empleo en America Latina SAB de CV(b)		596,170
	10,860	Industrias Bachoco SAB de CV - Series B		38,409
	170,175	Industrias CH SAB de CV - Series B(b)		1,011,583
	13,631	Industrias Penoles SAB de CV		317,129
	11,100	Inmuebles Carso SAB de CV - Series B1(b)		11,047
	288,368	Kimberly-Clark de Mexico SAB de CV - Class A		739,571
	1,544,600	Macquarie Mexico Real Estate Management SA de CV REIT		2,818,023
	100	Medica Sur SAB de CV - Series B		322
	16,200	Megacable Holdings SAB de CV - CPO Shares		58,324
	195,196	Mexichem SAB de CV		676,925
	117,771	Minera Frisco SAB de CV(b)		185,806
	90,673	OHL Mexico SAB de CV(b)		222,310
	124,499	Organizacion Soriana SAB de CV - Series B(b)		355,605
	59,600	Promotora y Operadora de Infraestructura SAB de CV(b)		724,434
	46,400	Qualitas Controladora SAB de CV - Units		114,872
	427,400	TV Azteca SAB de CV - CPO Shares		270,041
	67,123	Urbi Desarrollos Urbanos SAB de CV(b)(c)(d)		5,912
				29,733,859
MONGOLIA — 0.0%
	274,500	Mongolian Mining Corp.(b)		29,699
NETHERLANDS — 1.0%
	47,325	Aalberts Industries NV		1,481,120
	12,171	Accell Group NV		226,529
	21,701	AMG Advanced Metallurgical Group NV(b)		211,786
	4,482	Amsterdam Commodities NV		97,897
	11,162	Arcadis NV		399,089
	27,444	ASM International NV		919,797
	33,735	BE Semiconductor Industries NV		393,018
	5,643	Beter Bed Holding NV		131,933
	88,005	BinckBank NV		981,592
	4,006	Brunel International NV		235,649
	2,565	Cinema City International NV(b)		27,668
	16,799	Corbion NV		352,202

Shares			Value
NETHERLANDS (continued)
	4,310	Corio NV REIT	$	183,398
	121,544	Delta Lloyd NV		3,128,555
	2,240	Exact Holding NV		71,917
	41,800	Frank’s International NV		979,791
	26,304	Fugro NV - CVA		1,377,018
	25,465	Gemalto NV		2,875,352
	20,382	Grontmij(b)		108,281
	12,777	Heijmans NV - CVA		208,426
	654	Hunter Douglas NV		29,805
	4,538	KAS Bank NV - CVA		59,791
	5,597	Kendrion NV		177,546
	163,984	Koninklijke BAM Groep NV		844,414
	479,960	Koninklijke Boskalis Westminster NV		23,044,812
	16,751	Koninklijke Ten Cate NV		537,130
	13,121	Koninklijke Vopak NV		721,659
	68,974	Koninklijke Wessanen NV		320,660
	981	Macintosh Retail Group NV		11,122
	95	Nederland Apparatenfabriek		3,972
	1,511	New World Resources Plc - Class A(b)		1,273
	37,423	Nutreco NV		1,671,404
	40,204	Ordina NV(b)		102,591
	97,294	PostNL NV(b)		546,274
	348,936	QIAGEN NV(b)(f)		7,630,519
	83,000	QIAGEN NV(b)(f)		1,835,960
	113,540	Randstad Holding NV		7,216,363
	84,039	Royal Imtech NV(b)		240,403
	93,420	SBM Offshore NV(b)		1,801,748
	11,287	Sligro Food Group NV		447,400
	86,230	SNS REAAL NV(b)(c)(d)		0
	5,125	Telegraaf Media Groep NV - CVA		52,988
	15,951	TKH Group NV		548,588
	149,781	TNT Express NV		1,321,555
	60,046	TomTom NV(b)		417,070
	9,665	Unit4 NV		502,510
	68,932	USG People NV		1,083,091
	52,963	Wolters Kluwer NV		1,462,920
	15,849	Ziggo NV		689,045
				67,713,631
NEW ZEALAND — 0.4%
	30,797	A2 Corp. Ltd.(b)		22,910
	215,218	Air New Zealand Ltd.		297,582
	4,193,725	Auckland International Airport Ltd.		12,377,272
	29,737	Chorus Ltd.		33,663
	172,372	Contact Energy Ltd.		719,198
	19,426	Ebos Group Ltd.		153,151
	68,000	Fisher & Paykel Healthcare Corp. Ltd.		222,688
	31,055	Freightways Ltd.		116,766
	6,326	Hallenstein Glasson Holdings Ltd.		16,113
	38,459	Heartland New Zealand Ltd.		26,744

Shares			Value
NEW ZEALAND (continued)
	67,426	Infratil Ltd.	$	119,945
	39,338	Kathmandu Holdings Ltd.		100,515
	32,296	Mainfreight Ltd.		342,099
	3,548	Metlifecare Ltd.		11,820
	49,457	New Zealand Oil & Gas Ltd.		30,793
	28,457	New Zealand Refining Co. Ltd. (The)		45,560
	105,740	Nuplex Industries Ltd.		288,139
	45,243	NZX Ltd.		46,095
	73,491	PGG Wrightson Ltd.		24,958
	80,140	Pike River Coal Ltd.(b)(c)(d)		0
	56,739	Port of Tauranga Ltd.		665,245
	13,536	Pumpkin Patch Ltd.(b)		7,005
	19,670	Restaurant Brands New Zealand Ltd.		43,898
	31,854	Ryman Healthcare Ltd.		203,481
	15,128	Sanford Ltd.		55,046
	51,422	Skellerup Holdings Ltd.		71,933
	155,612	Sky Network Television Ltd.		727,282
	2,132,032	SKYCITY Entertainment Group Ltd.		6,671,705
	453,559	Telecom Corp of New Zealand Ltd.		861,854
	58,901	Tower Ltd.		83,348
	58,101	Trade Me Group Ltd.		192,149
	29,035	TrustPower Ltd.		156,126
	58,037	Vector Ltd.		118,729
	34,146	Warehouse Group Ltd. (The)		99,673
				24,953,485
NORWAY — 0.2%
	16,034	ABG Sundal Collier Holding ASA		12,822
	146	AF Gruppen ASA		1,593
	31,265	Agasti Holding ASA(b)		8,467
	11,391	Aker ASA - Class A		340,236
	8,076	Algeta ASA(b)		462,886
	34,500	Atea ASA		318,759
	34,794	Austevoll Seafood ASA		200,646
	5,832	Bonheur ASA		115,665
	213,803	BW Offshore Ltd.		235,006
	36,594	BWG Homes ASA(b)		61,792
	55,760	Cermaq ASA		568,486
	136,488	DNO International ASA(b)		443,114
	7,322	DOF ASA(b)		36,158
	7,264	Ekornes ASA		94,887
	154,310	Eltek ASA		183,379
	13,809	Evry ASA		21,778
	142,851	Farstad Shipping ASA(d)		2,946,930
	15,475	Fred Olsen Energy ASA		558,855
	7,560	Ganger Rolf ASA		144,517
	10,278	Grieg Seafood ASA(b)		40,932
	8,567	Hexagon Composites ASA		34,255
	272,219	Kongsberg Automotive Holding ASA(b)		252,816
	14,697	Kongsberg Gruppen ASA		300,849

Shares			Value
NORWAY (continued)
	30,221	Kvaerner ASA	$	57,771
	5,665	Leroy Seafood Group ASA		171,012
	10,381	Nordic Semiconductor ASA(b)		49,446
	37,783	Norske Skogindustrier ASA(b)		32,682
	6,124	Norwegian Air Shuttle AS(b)		198,916
	374,276	Norwegian Energy Co. ASA(b)		8,943
	3,474	Odfjell SE - Class A(b)		25,457
	23,394	Opera Software ASA		317,885
	150,331	Panoro Energy ASA(b)		73,520
	108,308	Petroleum Geo-Services ASA		1,118,890
	3,052	PhotoCure ASA(b)		12,495
	6,386	Q-Free ASA(b)		14,242
	1,149,010	REC Silicon ASA(b)		498,595
	11,533	REC Solar ASA(b)		172,698
	6,706	Salmar ASA(b)		81,990
	17,460	Sevan Drilling AS(b)		11,904
	5,087	Sevan Marine ASA(b)		17,747
	80,919	Siem Offshore, Inc.(b)		126,068
	6,645	Solstad Offshore ASA		122,263
	35,332	SpareBank 1 SMN		330,669
	36,958	SpareBank 1 SR Bank ASA		357,661
	204,337	Storebrand ASA(b)		1,214,476
	16,977	TGS Nopec Geophysical Co. ASA		438,390
	50,237	Tomra Systems ASA		430,149
	3,670	TTS Group ASA		3,595
	131,000	Vard Holdings Ltd.(b)		84,136
	26,254	Veidekke ASA		197,403
	16,404	Wilh Wilhelmsen ASA		149,604
	3,850	Wilh Wilhelmsen Holding ASA		122,968
				13,826,403
PERU — 0.1%
	988,227	Alicorp SA(d)		3,028,042
	2,331,945	Ferreycorp SAA		1,470,373
				4,498,415
PHILIPPINES — 0.2%
	108,200	Alliance Global Group, Inc.		64,700
	68,800	Atlas Consolidated Mining & Development		24,289
	120,166	Belle Corp.(b)		14,212
	98,461	China Banking Corp.		127,096
	245,740	DMCI Holdings, Inc.		324,255
	72,800	EEI Corp.		16,064
	2,243,800	Energy Development Corp.		259,928
	3,472,375	Filinvest Land, Inc.		100,371
	307,300	First Gen Corp.		105,778
	213,520	First Philippine Holdings Corp.		300,115
	465,000	Global-Estate Resorts, Inc.(b)		13,749
	10,535	Globe Telecom, Inc.		397,503
	14,287,500	GMA Holdings, Inc. - PDR(d)		2,711,220
	237,090	International Container Terminal Services, Inc.		514,776
	137,660	Jollibee Foods Corp.		461,702
	93,834	Lafarge Republic, Inc.		18,593

Shares			Value
PHILIPPINES (continued)
	1,379,000	Lopez Holdings Corp.	$	131,754
	5,479,700	Manila Water Co., Inc.(d)		2,780,960
	10,796,696	Megaworld Corp.		850,490
	777,000	Metro Pacific Investments Corp.		73,722
	390,751	Metropolitan Bank & Trust Co.		655,275
	3,353,000	Nickel Asia Corp.(d)		1,279,940
	623,000	Pepsi-Cola Products Philippines, Inc.		59,798
	126,720	Philweb Corp.		22,089
	135,000	Rizal Commercial Banking Corp.		129,281
	538,500	Robinsons Land Corp.		235,267
	16,960	San Miguel Corp.		20,882
	206,241	Security Bank Corp.		518,788
	30,030	Semirara Mining Corp.		212,039
	1,696	Top Frontier Investment Holdings, Inc.(b)		2,694
	102,600	Union Bank of Philippines, Inc.		283,214
	307,775	Universal Robina Corp.		802,035
	2,843,000	Vista Land & Lifescapes, Inc.		326,205
				13,838,784
POLAND — 0.1%
	1,432	AmRest Holdings SE(b)		40,071
	33,840	Asseco Poland SA		494,287
	14,853	Bank Handlowy w Warszawie SA		486,304
	98,999	Bank Millennium SA(b)		255,035
	375,702	Boryszew SA(b)		63,173
	6,112	Budimex SA		261,389
	447	CCC SA		16,876
	7,564	CD Projekt SA(b)		44,011
	10,830	Ciech SA(b)		106,513
	20,972	Cyfrowy Polsat SA(b)		131,075
	1,000	Dom Development SA		17,766
	2,276	Emperia Holding SA		51,268
	14,094	Enea SA(b)		56,027
	32,056	Eurocash SA		416,972
	12,342	Famur SA(b)		19,539
	5,542	Farmacol SA(b)		103,737
	207,050	Getin Holdings SA		266,038
	594,239	Getin Noble Bank SA(b)		586,321
	13,281	Grupa Azoty SA		221,210
	3,848	Grupa Kety SA		262,475
	29,265	Grupa Lotos SA(b)		327,931
	12,693	Hawe SA(b)		13,611
	34,084	Impexmetal SA(b)		36,009
	3,436	ING Bank Slaski SA(b)		130,267
	2,620	Inter Cars SA(b)		169,569
	350	LPP SA		977,157
	8,454	Lubelski Wegiel Bogdanka SA		335,263
	6,150	mBank		995,082
	209,106	Netia SA(b)		323,079
	44,811	Orange Polska SA		149,275
	10,774	Orbis SA		133,957
	2,139	Pelion SA		60,058

Shares			Value
POLAND (continued)
	158	Stalprodukt SA	$	9,725
	189,425	Synthos SA		304,691
	410,967	Tauron Polska Energia SA		558,039
	37,193	TVN SA		183,133
	2,139	Warsaw Stock Exchange		26,602
	119	Zaklady Chemiczne Police SA		657
				8,634,192
PORTUGAL — 0.1%
	16,720	Altri SGPS SA		56,850
	97,795	Banco BPI SA(b)		199,164
	4,515,576	Banco Comercial Portugues SA(b)		1,010,973
	755,269	Banco Espirito Santo SA(b)		1,151,061
	2,336	Corticeira Amorim SGPS SA		7,687
	49,289	Mota-Engil SGPS SA		311,044
	272	Novabase SGPS SA		1,247
	87,362	Portucel SA		362,904
	48,971	Portugal Telecom SGPS SA		215,645
	17,871	REN - Redes Energeticas Nacionais SGPS SA		60,618
	25,049	Semapa - Sociedade de Investimento e Gestao		334,460
	207,556	Sonae		327,521
	66,876	Sonaecom - SGPS SA		214,577
	11,475	Teixeira Duarte SA		16,095
	28,075	Zon Optimus SGPS SA		188,000
				4,457,846
QATAR — 0.0%
	141,044	Gulf International Services OSC		2,924,255
SINGAPORE — 1.5%
	23,000	Abterra Ltd.(b)		11,169
	22,000	Amara Holdings Ltd.		8,960
	1,622,000	Ascendas India Trust - Unit(d)		870,233
	6,757,000	Ascendas Real Estate Investment Trust		11,272,692
	155,400	ASL Marine Holdings Ltd.		86,418
	291,000	Ausgroup Ltd.(b)		54,701
	184,000	Banyan Tree Holdings Ltd.		87,190
	211,000	Biosensors International Group Ltd.		142,953
	7,400	Bonvests Holdings Ltd.		6,723
	105,000	Boustead Singapore Ltd.		136,107
	39,000	Breadtalk Group Ltd.		27,950
	40,000	Bukit Sembawang Estates Ltd.		177,325
	2,757	Cape Plc		12,146
	12,533,000	CapitaMall Trust REIT		18,356,538
	111,000	CH Offshore Ltd.		36,515
	35,000	China Aviation Oil Singapore Corp. Ltd.		28,236
	51,000	China Merchants Holdings Pacific Ltd.		35,751
	192,000	Chip Eng Seng Corp. Ltd.		104,515
	331,000	ComfortDelGro Corp. Ltd.		501,653
	250,000	Cosco Corp. Singapore Ltd.		137,067

Shares			Value
SINGAPORE (continued)
	303,000	CSC Holdings Ltd.	$	22,308
	110,000	CSE Global Ltd.		54,278
	96,000	CWT Ltd.		97,748
	13,000	Elec & Eltek International Co. Ltd.		21,189
	14,000	Ellipsiz Ltd.		954
	15,600	Eu Yan Sang International Ltd.		9,530
	99,600	Ezion Holdings Ltd.		175,524
	8,876,400	Ezra Holdings Ltd.(b)		6,709,008
	100,000	Falcon Energy Group Ltd.		28,588
	130,121	Far East Orchard Ltd.		172,238
	179,000	First Resources Ltd.		278,997
	183,000	FJ Benjamin Holdings Ltd.		28,667
	28,000	Food Empire Holdings Ltd.		11,075
	8,000	Forterra Trust - Units(b)		12,908
	657,000	Fragrance Group Ltd.		110,636
	306,000	Gallant Venture Ltd.(b)		62,314
	2,000	GK Goh Holdings Ltd.		1,269
	537,000	GMG Global Ltd.		40,798
	89,000	Goodpack Ltd.		131,051
	15,000	GP Batteries International Ltd.		7,049
	80,000	GP Industries Ltd.		26,004
	145,666	Guocoland Ltd.		251,001
	111,000	GuocoLeisure Ltd.		71,725
	21,000	Hanwell Holdings Ltd.(b)		3,783
	252,875	Healthway Medical Corp. Ltd.(b)		13,072
	113,000	HG Metal Manufacturing Ltd.		7,080
	32,000	Hiap Hoe Ltd.		19,800
	55,000	Hi-P International Ltd.		23,047
	151,000	Ho Bee Land Ltd.		236,538
	274,800	Hong Fok Corp. Ltd.		144,207
	131,000	Hong Leong Asia Ltd.		133,899
	137,600	Hotel Properties Ltd.		322,243
	3,000	Hour Glass Ltd. (The)		3,854
	65,000	HupSteel Ltd.		11,200
	5,060,000	Hyflux Ltd.(d)		4,557,666
	186,000	Indofood Agri Resources Ltd.		112,175
	397,000	IPC Corp. Ltd.		47,575
	154,000	Jaya Holdings Ltd.		92,876
	101,000	Jiutian Chemical Group Ltd.(b)		6,566
	92,950	Jurong Technologies Industrial Corp. Ltd.(b)(c)(d)		0
	304,000	K1 Ventures Ltd.		45,240
	172,000	Keppel Land Ltd.		425,706
	34,000	Keppel Telecommunications & Transportation Ltd.		48,201
	13,000	K-Green Trust - Units		10,233
	195,000	LCD Global Investments Ltd.		21,535
	202,000	Lian Beng Group Ltd.		83,062
	66,000	Low Keng Huat Singapore Ltd.		35,410
	75,000	Lum Chang Holdings Ltd.		19,973
	120,000	M1 Ltd.		315,802
	6,000	Marco Polo Marine Ltd.		1,762
	351,800	Metro Holdings Ltd.		235,590
	153,000	Mewah International, Inc.		55,724

Shares			Value
SINGAPORE (continued)
	448,000	Midas Holdings Ltd.	$	161,410
	362,000	Neptune Orient Lines Ltd.(b)		286,368
	25,000	NSL Ltd.		33,777
	711,000	Olam International Ltd.		824,186
	32,000	OSIM International Ltd.		59,401
	172,000	OUE Ltd.		320,627
	66,000	Oxley Holdings Ltd.		27,139
	60,000	Petra Foods Ltd.		152,262
	165,000	Popular Holdings Ltd.		29,724
	110,983	QAF Ltd.		69,541
	219,250	Raffles Education Corp. Ltd.(b)		47,224
	45,720	Raffles Medical Group Ltd.		107,429
	150,000	Rickmers Maritime - Units		33,483
	121,000	Rotary Engineering Ltd.		59,706
	217,500	Roxy-Pacific Holdings Ltd.		97,954
	1,594,000	S i2i Ltd.(b)		13,733
	17,000	San Teh Ltd.		4,128
	5,340,000	SATS Ltd.(d)		13,091,208
	5,000	SBS Transit Ltd.		5,071
	54,000	Sheng Siong Group Ltd.		25,377
	4,621,000	SIA Engineering Co. Ltd.(d)		17,843,376
	100,500	Sim Lian Group Ltd.		60,217
	569,000	Sinarmas Land Ltd.		207,233
	70,000	Singapore Land Ltd.		431,486
	346,000	Singapore Post Ltd.		361,786
	174,000	Singapore Reinsurance Corp. Ltd.(d)		38,841
	2,083,000	SMRT Corp. Ltd.		1,868,052
	484,000	Stamford Land Corp. Ltd.		219,871
	3,507,000	StarHub Ltd.(d)		11,728,913
	82,000	Sunningdale Tech Ltd.		9,505
	184,000	SunVic Chemical Holdings Ltd.(b)		92,234
	99,000	Super Group Ltd.		288,451
	395,000	Swiber Holdings Ltd.		196,456
	143,000	Tat Hong Holdings Ltd.		91,843
	54,000	Technovator International Ltd.(b)		21,075
	62,000	Tiger Airways Holdings Ltd.(b)		20,638
	219,000	Tiong Woon Corp. Holding Ltd.		58,320
	25,540	Triyards Holdings Ltd.(b)		13,203
	408,784	Tuan Sing Holdings Ltd.		89,649
	149,000	UMS Holdings Ltd.		68,855
	336,254	United Engineers Ltd.		458,259
	103,000	United Envirotech Ltd.		96,808
	420,000	United Industrial Corp. Ltd.(d)		963,854
	232,000	UOB-Kay Hian Holdings Ltd.		296,190
	302,000	UOL Group Ltd.		1,388,479
	98,000	Venture Corp. Ltd.		568,005
	686,666	Vibrant Group Ltd.		56,471
	209,812	Wheelock Properties (Singapore) Ltd.		258,824
	281,420	Wing Tai Holdings Ltd.		381,325
	1,436	XP Power Ltd.		41,901
	86,000	Yanlord Land Group Ltd.		75,442
	37,000	YHI International Ltd.		6,955

Shares			Value
SINGAPORE (continued)
	409,000	Yongnam Holdings Ltd.	$	73,679
				101,279,464
SOUTH AFRICA — 0.5%
	338,546	Adcock Ingram Holdings Ltd.		2,061,470
	3,244	Adcorp Holdings Ltd.		9,050
	114,293	Advtech Ltd.		81,774
	59,169	Aeci Ltd.		686,928
	180,687	Afgri Ltd.		108,950
	238,098	African Bank Investments Ltd.		229,280
	2,145	African Oxygen Ltd.		3,780
	50,790	African Rainbow Minerals Ltd.		999,025
	13,164	Allied Electronics Corp. Ltd.		27,545
	419	Argent Industrial Ltd.		192
	561	Assore Ltd.		19,535
	11,620	Astral Foods Ltd.		91,400
	91,296	Aveng Ltd.(b)		191,852
	110,010	AVI Ltd.		508,393
	105,076	Barloworld Ltd.		986,598
	28,795	Blue Label Telecoms Ltd.		22,805
	32,224	Business Connexion Group Ltd.		15,138
	9,006	Capitec Bank Holdings Ltd.		152,781
	2,456	Cashbuild Ltd.		30,392
	57,968	Caxton and CTP Publishers and Printers Ltd.		94,427
	7,765	City Lodge Hotels Ltd.		89,345
	391,378	Clicks Group Ltd.		1,999,950
	1,776	Consolidated Infrastructure Group Ltd.(b)		3,512
	40,612	Coronation Fund Managers Ltd.		291,080
	107,631	DataTec Ltd.		460,106
	77,015	Discovery Ltd.		519,833
	7,529	Distell Group Ltd.		95,540
	968	Distribution and Warehousing Network Ltd.		819
	172,335	DRDGOLD Ltd.		67,777
	240,487	EOH Holdings Ltd.		1,703,310
	44,471	Eqstra Holdings Ltd.		27,656
	54,199	Foschini Group Ltd. (The)		452,166
	210,764	Gold Fields Ltd.		740,704
	7,837	Grand Parade Investments Ltd.		3,385
	152,440	Grindrod Ltd.		347,094
	18,895	Group Five Ltd.		67,680
	92,922	Harmony Gold Mining Co. Ltd.		272,373
	14,422	Hudaco Industries Ltd.		137,581
	6,374	Hulamin Ltd.(b)		3,671
	14,767	Hyprop Investments Ltd. - Units		96,285
	8,550	Iliad Africa Ltd.		4,571
	54,124	Illovo Sugar Ltd.		130,543
	93,834	Imperial Holdings Ltd.		1,558,059
	1,932	Invicta Holdings Ltd.		21,338
	23,742	JD Group Ltd.		59,657
	25,640	JSE Ltd.		191,178
	1,143	KAP Industrial Holdings Ltd.		355
	35,342	Lewis Group Ltd.		189,631

Shares			Value
SOUTH AFRICA (continued)
	59,244	Liberty Holdings Ltd.	$	607,662
	174,620	Life Healthcare Group Holdings Ltd.		557,734
	20,252	Massmart Holdings Ltd.		220,263
	47,254	Mediclinic International Ltd.		303,644
	106,290	Merafe Resources Ltd.(b)		9,470
	29,353	Metair Investments Ltd.		114,253
	317,966	MMI Holdings Ltd.		674,192
	17,063	Mondi Ltd.		258,414
	43,365	Mr. Price Group Ltd.		535,530
	14,612	Murray & Roberts Holdings Ltd.(b)		32,613
	202,370	Nampak Ltd.		631,797
	232,248	Netcare Ltd.		465,060
	72,276	Northam Platinum Ltd.(b)		270,917
	219,663	Oceana Group Ltd.(d)		1,652,687
	20,617	Omnia Holdings Ltd.		382,226
	50,737	Peregrine Holdings Ltd.		74,155
	4,111	Petmin Ltd.		729
	38,560	Pick’n Pay Stores Ltd.		157,724
	17,834	Pinnacle Holdings Ltd.		34,347
	218,150	Pioneer Foods Ltd.		1,721,798
	88,219	PPC Ltd.		236,674
	50,557	PSG Group Ltd.		361,723
	26,665	Raubex Group Ltd.		54,955
	17,348	Resilient Property Income Fund Ltd. - Units		81,498
	55,765	Reunert Ltd.		320,543
	11,250	Santam Ltd.		178,751
	158,858	Sappi Ltd.(b)		492,093
	135,660	Sibanye Gold Ltd.		193,390
	38,542	Spar Group Ltd. (The)		415,580
	7,238	Spur Corp. Ltd.		20,389
	232,155	Steinhoff International Holdings Ltd.		956,909
	12,978	Sun International Ltd.		115,046
	139,164	Super Group Ltd.(b)		340,035
	153,877	Telkom SA SOC Ltd.(b)		418,915
	14,182	Times Media Group Ltd.(b)		24,889
	13,568	Tongaat Hulett Ltd.		147,738
	24,146	Trencor Ltd.		156,461
	80,984	Truworths International Ltd.		532,046
	46,017	Tsogo Sun Holdings Ltd.		106,516
	9,811	Wilson Bayly Holmes-Ovcon Ltd.		129,989
	191,832	Woolworths Holdings Ltd.		1,044,489
	211,907	Zeder Investments Ltd.		78,191
				30,968,549
SOUTH KOREA — 1.4%
	4,459	3S Korea Co. Ltd.(b)		17,559
	2,211	Able C&C Co. Ltd.		55,463
	850	Actoz Soft Co. Ltd.(b)		29,383
	4,636	Advanced Process Systems Corp.(b)		40,714
	807	Ahnlab, Inc.		46,972

Shares			Value
SOUTH KOREA (continued)
	5,000	AJ Rent A Car Co. Ltd.(b)	$	66,100
	1,511	AK Holdings, Inc.		55,620
	599	AMOREPACIFIC Corp.		566,346
	1,128	AMOREPACIFIC Group		500,057
	2,247	Anapass, Inc.		26,241
	931	Asia Cement Co. Ltd.(b)		76,804
	408	ASIA Holdings Co. Ltd.		52,222
	2,330	Asia Paper Manufacturing Co. Ltd.		42,775
	32,680	Asiana Airlines, Inc.(b)		165,484
	2,778	AtlasBX Co. Ltd.		106,023
	14,750	AUK Corp.(b)		29,766
	4,460	Baiksan Co. Ltd.		22,543
	2,450	Basic House Co. Ltd. (The)(b)		58,369
	2,634	BH Co. Ltd.(b)		29,654
	1,657	Binggrae Co. Ltd.		140,102
	1,230	Bioland Ltd.		14,537
	93,070	BS Financial Group, Inc.		1,378,203
	1,444	Bukwang Pharmaceutical Co. Ltd.		18,749
	2,010	Byucksan Corp.		5,108
	6,790	Capro Corp.		35,588
	3,695	Celltrion Pharm, Inc.(b)		41,080
	7,727	Celltrion, Inc.		323,059
	8,822	Chabio & Diostech Co. Ltd.(b)		95,609
	17,249	Cheil Industries, Inc.		1,216,704
	19,930	Cheil Worldwide, Inc.(b)		521,362
	594	Chemtronics Co. Ltd.		10,216
	393	Chin Hung International, Inc.(b)		582
	2,790	Chong Kun Dang Pharmaceutical Corp.(b)		180,900
	1,079	Chongkundang Holdings Corp.		45,767
	73	Chosun Refractories Co. Ltd.		5,279
	1,970	CJ CGV Co. Ltd.		89,449
	3,911	CJ CheilJedang Corp.		970,122
	9,547	CJ Corp.		1,061,422
	9,437	CJ E&M Corp.(b)		298,447
	2,137	CJ Korea Express Co. Ltd.(b)		213,630
	565	CJ O Shopping Co. Ltd.		212,677
	2,330	CKD Bio Corp.		35,809
	1,610	Cosmax, Inc.		82,429
	10,075	Coway Co. Ltd.		653,249
	329	Crown Confectionery Co. Ltd.		101,588
	477	CTC BIO, Inc.(b)		8,244
	3,620	Dae Dong Industrial Co. Ltd.		21,341
	675	Dae Han Flour Mills Co. Ltd.		91,442
	16,020	Dae Won Kang Up Co. Ltd.		101,776
	28,100	Dae Young Packaging Co. Ltd.(b)		19,139
	20,010	Daechang Co. Ltd.		18,452
	15,740	Daeduck Electronics Co.		114,262
	9,560	Daeduck GDS Co. Ltd.		143,353
	4,330	Daegu Department Store		80,706
	3,410	Daehan Steel Co. Ltd.		19,912
	6,480	Dae-Il Corp.		27,062

Shares			Value
SOUTH KOREA (continued)
	10,500	Daekyo Co. Ltd.	$	72,593
	22,484	Daelim Industrial Co. Ltd.		1,739,314
	7,510	Daesang Corp.		248,380
	4,530	Daesang Holdings Co. Ltd.		34,154
	4,240	Daesung Holdings Co. Ltd.		36,801
	3,520	Daesung Industrial Co. Ltd.(b)		14,470
	2,795	Daewon San Up Co. Ltd.		22,118
	49,915	Daewoo Engineering & Construction Co. Ltd.(b)		318,046
	13,072	Daewoo International Corp.		506,222
	67,196	Daewoo Securities Co. Ltd.		540,531
	29,870	Daewoo Shipbuilding & Marine Engineering Co. Ltd.		962,783
	844	Daewoong Co. Ltd.		31,305
	1,866	Daewoong Pharmaceutical Co. Ltd.		129,357
	22,130	Daishin Securities Co. Ltd.		157,134
	9,386	Daou Data Corp.		44,810
	20,410	Daou Technology, Inc.		301,283
	12,865	Dasan Networks, Inc.(b)		64,665
	2,145	Daum Communications Corp.		160,321
	3,090	DCM Corp.		30,746
	72,790	DGB Financial Group, Inc.		1,135,697
	3,331	Digitech Systems Co. Ltd.(b)		10,503
	1,360	Dong Ah Tire & Rubber Co. Ltd.		25,793
	647	Dong-A Socio Holdings Co. Ltd.		77,071
	4,050	Dong-Ah Geological Engineering Co. Ltd.		31,784
	5,230	Dongaone Co. Ltd.		15,221
	330	Dongbang Transport Logistics Co. Ltd.		732
	12,536	Dongbu HiTek Co. Ltd.(b)		87,255
	17,921	Dongbu Insurance Co. Ltd.		900,780
	12,350	Dongbu Securities Co. Ltd.		37,846
	9,800	Dongbu Steel Co. Ltd.(b)		29,802
	754	Dong-IL Corp.		36,420
	841	Dongil Industries Co. Ltd.		39,443
	5,286	Dongjin Semichem Co. Ltd.		18,841
	11,110	Dongkook Industrial Co. Ltd.(b)		23,458
	433	DongKook Pharmaceutical Co. Ltd.		13,957
	2,076	Dongkuk Industries Co. Ltd.		6,459
	9,222	Dongkuk Steel Mill Co. Ltd.		105,114
	8,190	Dongkuk Structures & Construction Co. Ltd.		33,859
	3,480	Dongsuh Co, Inc.		52,833
	9,440	Dongsung Holdings Co. Ltd.		52,829
	7,740	Dongwha Pharmaceutical Co. Ltd.		35,614
	531	Dongwon F&B Co. Ltd.		65,981
	496	Dongwon Industries Co. Ltd.		137,630
	2,049	Dongyang E&P, Inc.		34,458
	10,510	Dongyang Mechatronics Corp.		103,593
	5,324	Doosan Corp.		678,961

	Shares		Value
SOUTH KOREA (continued)
	17,120	Doosan Engine Co. Ltd.(b)	$	129,398
	23,753	Doosan Heavy Industries & Construction Co. Ltd.		813,330
	56,910	Doosan Infracore Co. Ltd.(b)		693,862
	3,903	DRB Holding Co. Ltd.		26,035
	2,468	Duksan Hi-Metal Co. Ltd.(b)		41,158
	2,470	Duzon Bizon Co. Ltd.		25,615
	270	E1 Corp.		16,901
	3,050	Eagon Industries Co. Ltd.(b)		43,883
	9,342	Easy Bio, Inc.		38,316
	3,233	e-LITECOM Co. Ltd.		51,651
	4,200	ELK Corp.(b)		23,465
	4,503	E-Mart Co. Ltd.		1,093,829
	1,726	ENF Technology Co. Ltd.		14,771
	1,366	Eo Technics Co. Ltd.		58,451
	3,850	Estechpharma Co. Ltd.		32,337
	23,624	Eugene Corp.		61,358
	2,426	Eugene Technology Co. Ltd.		42,611
	1,669	Fila Korea Ltd.		130,046
	4,623	Flexcom, Inc.(b)		45,999
	6,030	Foosung Co. Ltd.(b)		19,014
	2,079	Fursys, Inc.		59,922
	520	Gaon Cable Co. Ltd.		10,154
	2,158	Global & Yuasa Battery Co. Ltd.		109,074
	27,104	GNCO Co. Ltd.(b)		31,653
	2,400	Golfzon Co. Ltd.		36,997
	60,100	Grand Korea Leisure Co. Ltd.		2,330,219
	1,018	Green Cross Corp.		124,593
	9,290	Green Cross Holdings Corp.		115,436
	8,873	GS Engineering & Construction Corp.		278,952
	2,370	GS Global Corp.		18,422
	33,465	GS Holdings		1,603,919
	600	GS Home Shopping, Inc.		155,501
	6,700	GS Retail Co. Ltd.		158,682
	384	Gwangju Shinsegae Co. Ltd.		86,103
	7,310	Halla Corp.		33,328
	12,680	Halla Visteon Climate Control Corp.		465,571
	7,170	Han Kuk Carbon Co. Ltd.		50,910
	3,827	Hana Micron, Inc.(b)		21,059
	1,732	Hana Tour Service, Inc.		115,699
	1,900	Handok, Inc.		30,887
	9,530	Handsome Co. Ltd.		255,979
	1,726	Hanil Cement Co. Ltd.		145,453
	11,420	Hanil E-Wha Co. Ltd.		177,646
	28,207	Hanjin Heavy Industries & Construction Co. Ltd.(b)		354,449
	5,540	Hanjin Heavy Industries & Construction Holdings Co. Ltd.		56,935
	2,895	Hanjin Kal Corp.(b)		62,885
	43,325	Hanjin Shipping Co. Ltd.(b)		262,698
	8,350	Hanjin Shipping Holding Co. Ltd.(b)		35,183
	1,870	Hanjin Transportation Co. Ltd.		44,551

	Shares		Value
SOUTH KOREA (continued)
	49	Hankook Shell Oil Co. Ltd.	$	17,350
	20,641	Hankook Tire Co. Ltd.		1,189,844
	4,718	Hankook Tire Worldwide Co. Ltd.		93,448
	680	Hankuk Paper Manufacturing Co. Ltd.		16,486
	677	Hanmi Pharm Co. Ltd.(b)		88,867
	2,691	Hanmi Science Co. Ltd.(b)		32,935
	2,520	Hanmi Semiconductor Co. Ltd.		25,780
	2,970	Hansae Co. Ltd.		56,467
	3,000	Hansae Yes24 Holdings Co. Ltd.		15,584
	3,830	Hansol Chemical Co. Ltd.		98,939
	17,250	Hansol CSN Co. Ltd.		48,188
	24,530	Hansol HomeDeco Co. Ltd.(b)		43,887
	21,590	Hansol Paper Co.		245,077
	1,590	Hansol Technics Co. Ltd.(b)		33,201
	2,020	Hanssem Co. Ltd.		99,080
	33,385	Hanwha Chemical Corp.		623,815
	35,410	Hanwha Corp.		1,194,283
	4,700	Hanwha General Insurance Co. Ltd.(b)		22,351
	12,743	Hanwha Investment & Securities Co. Ltd.(b)		40,895
	81,650	Hanwha Life Insurance Co. Ltd.		558,395
	770	Hanwha Timeworld Co. Ltd.		22,301
	3,343	Hanyang Eng Co. Ltd.(b)		19,520
	2,720	Hanyang Securities Co. Ltd.		15,756
	43,020	Heung-A Shipping Co. Ltd.		54,260
	6,808	Hite Jinro Co. Ltd.		136,115
	3,310	Hite Jinro Holdings Co. Ltd.		35,563
	10,126	HMC Investment Securities Co. Ltd.		87,415
	10,884	Hotel Shilla Co. Ltd.		793,154
	85,718	Huchems Fine Chemical Corp.		1,845,938
	9,061	Humax Co. Ltd.		99,046
	3,050	Husteel Co. Ltd.		51,292
	6,850	Huvis Corp.		65,598
	108,913	Huvitz Co. Ltd.		1,556,845
	7,800	Hwa Shin Co. Ltd.		80,525
	439	Hwacheon Machine Tool Co. Ltd.		21,164
	66,275	Hy-Lok Corp.		1,659,429
	15,292	Hyosung Corp.		967,224
	5,770	Hyundai BNG Steel Co. Ltd.(b)		82,209
	4,120	Hyundai Corp.		127,216
	7,551	Hyundai Department Store Co. Ltd.		1,015,877
	33,280	Hyundai Development Co-Engineering & Construction		755,551
	1,640	Hyundai Elevator Co. Ltd.(b)		70,099
	4,090	Hyundai Engineering Plastics Co. Ltd.		26,863
	17,750	Hyundai Greenfood Co. Ltd.		299,330
	731	Hyundai Home Shopping Network Corp.		123,956

	Shares		Value
SOUTH KOREA (continued)
	12,260	Hyundai Hy Communications & Networks Co. Ltd.	$	64,945
	31,140	Hyundai Marine & Fire Insurance Co. Ltd.		904,801
	300	Hyundai Merchant Marine Co. Ltd.(b)		3,966
	387	Hyundai Mipo Dockyard		62,731
	68,891	Hyundai Securities Co. Ltd.		370,731
	3,841	Hyundai Wia Corp.		579,550
	4,916	Hyunjin Materials Co. Ltd.		31,001
	1,989	Hyvision System, Inc.(b)		20,162
	6,050	Il Dong Pharmaceutical Co. Ltd.		89,872
	9,780	Iljin Electric Co. Ltd.		65,331
	803	Ilshin Spinning Co. Ltd.		86,651
	266	Ilsung Pharmaceuticals Co. Ltd.		18,962
	2,000	iMarketKorea, Inc.		54,468
	37,510	Industrial Bank of Korea		438,058
	1,718	Innox Corp.(b)		34,830
	680	Intelligent Digital Integrated Securities Co. Ltd.		12,897
	4,072	Interflex Co. Ltd.(b)		78,750
	430	Intergis Co. Ltd.		2,720
	8,362	Interpark Corp.		107,420
	2,195	INTOPS Co. Ltd.		41,117
	2,410	Inzi Controls Co. Ltd.		10,155
	7,005	IS Dongseo Co. Ltd.(b)		107,986
	6,310	ISU Chemical Co. Ltd.		72,512
	10,380	IsuPetasys Co. Ltd.		57,702
	4,790	Jahwa Electronics Co. Ltd.		87,266
	33,385	JB Financial Group Co. Ltd.(b)		216,776
	3,330	Jeil Pharmaceutical Co.		45,734
	3,121	JW Pharmaceutical Corp.		47,091
	24,810	Kangwon Land, Inc.		784,620
	7,300	KC Green Holdings Co. Ltd.		36,352
	10,532	KC Tech Co. Ltd.		54,414
	1,290	KCC Corp.		586,939
	790	Keangnam Enterprises Ltd.(b)		3,329
	1,783	KEPCO Engineering & Construction Co., Inc.		112,942
	2,519	KEPCO Plant Service & Engineering Co. Ltd.		132,263
	13,960	Keyang Electric Machinery Co. Ltd.		37,888
	1,340	KG Chemical Corp.		21,533
	1,884	KH Vatec Co. Ltd.(b)		44,884
	1,110	KISCO Corp.		27,637
	6,150	Kishin Corp.		42,864
	4,345	KISWIRE Ltd.		144,109
	2,472	KIWOOM Securities Co. Ltd.		126,100
	16,788	Koentec Co. Ltd.(b)		33,487
	431	Koh Young Technology, Inc.		11,738
	93,132	Kolao Holdings		1,953,384
	1,846	Kolon Corp.		27,853
	21,230	Kolon Global Corp.(b)		60,793
	10,136	Kolon Industries, Inc.		475,384

	Shares		Value
SOUTH KOREA (continued)
	700	Kolon Life Science, Inc.	$	38,171
	2,401	Komipharm International Co. Ltd.(b)		17,205
	1,256	KONA I Co. Ltd.		44,122
	5,420	Kook Soon Dang Brewery Co. Ltd.		31,598
	4,850	Korea Aerospace Industries Ltd.		144,999
	5,857	Korea Circuit Co. Ltd.(b)		66,212
	3,220	Korea Electric Terminal Co. Ltd.		124,546
	1,360	Korea Export Packaging Industrial Co. Ltd.		28,652
	1,060	Korea Flange Co. Ltd.(b)		11,785
	2,065	Korea Gas Corp.		128,490
	24,360	Korea Investment Holdings Co. Ltd.		897,839
	5,406	Korea Kolmar Co. Ltd.		143,945
	2,603	Korea Kolmar Holdings Co. Ltd.		34,533
	1,564	Korea Petrochemical Industrial Co. Ltd.(b)		111,052
	1,632	Korea United Pharm, Inc.		16,086
	4,222	Korea Zinc Co. Ltd.		1,372,687
	18,202	Korean Air Lines Co. Ltd.(b)		601,150
	46,998	Korean Reinsurance Co.		496,167
	3,712	Kortek Corp.		50,113
	4,310	KPF		22,912
	787	KPX Chemical Co. Ltd.		48,307
	3,560	KT Skylife Co., Ltd.		93,295
	30,000	KTB Investment & Securities Co. Ltd.(b)		62,363
	1,913	Kukdo Chemical Co. Ltd.		92,044
	630	Kumho Electric Co. Ltd.		15,657
	2,220	Kumho Petrochemical Co. Ltd.		182,935
	16,550	Kumho Tire Co., Inc.(b)		214,152
	1,030	Kunsul Chemical Industrial Co. Ltd.		26,704
	30,090	Kwang Dong Pharmaceutical Co. Ltd.		210,279
	9,282	Kyobo Securities Co.		40,758
	1,380	Kyung Dong Navien Co. Ltd.		24,948
	101	Kyungbang Ltd.		10,616
	1,746	Kyungdong Pharm Co. Ltd.		24,061
	17,150	Kyung-In Synthetic Corp.		64,812
	13,569	LB Semicon, Inc.(b)		26,685
	860	LEENO Industrial, Inc.		21,734
	3,960	LG Fashion Corp.		108,402
	1,171	LG Hausys Ltd.		170,669
	5,520	LG InnoTek Co. Ltd.(b)		438,361
	15,154	LG International Corp.		421,200
	909	LG Life Sciences Ltd.(b)		34,862
	106,470	LG Uplus Corp.		1,089,220
	19,400	LIG Insurance Co. Ltd.		570,028
	6,250	Livart Furniture Co. Ltd.		77,662
	1,800	Lock & Lock Co. Ltd.		37,334
	1,169	Lotte Chemical Corp.		230,993
	497	Lotte Chilsung Beverage Co. Ltd.		752,221

	Shares		Value
SOUTH KOREA (continued)
	536	Lotte Confectionary Co. Ltd.	$	931,434
	314	Lotte Food Co. Ltd.		231,169
	2,142	LOTTE Himart Co. Ltd.		154,494
	9,473	Lotte Non-Life Insurance Co. Ltd.(b)		29,737
	8,813	LS Corp.		692,459
	2,821	LS Industrial Systems Co. Ltd.		175,794
	8,889	Lumens Co. Ltd.(b)		93,013
	39,012	Macquarie Korea Infrastructure Fund		219,052
	1,074	Macrogen, Inc.(b)		31,306
	326	Maeil Dairy Industry Co. Ltd.		13,173
	6,265	Mando Corp.		714,094
	380	Medy-Tox, Inc.		61,064
	2,049	MegaStudy Co. Ltd.		161,761
	6,418	Melfas, Inc.		55,465
	16,030	Meritz Financial Group, Inc.		111,424
	23,309	Meritz Fire & Marine Insurance Co. Ltd.		327,744
	112,180	Meritz Securities Co. Ltd.		187,080
	44	Mi Chang Oil Industrial Co. Ltd.		2,960
	11,680	Mirae Asset Securities Co. Ltd.		393,935
	10,335	MK Electron Co. Ltd.		40,361
	6,602	MNTech Co. Ltd.		38,550
	1,052	Modetour Network, Inc.		22,999
	19,700	Moorim P&P Co. Ltd.		93,130
	7,820	Moorim Paper Co. Ltd.(b)		20,676
	8,590	Motonic Corp.		91,490
	1,171	Muhak Co. Ltd.		20,357
	4,750	Namhae Chemical Corp.		33,106
	46	Namyang Dairy Products Co. Ltd.		37,562
	2,740	National Plastic Co.		14,259
	2,862	NCSoft Corp.		530,768
	5,453	Neowiz Games Corp.(b)		86,353
	933	Neowiz Holdings Corp.(b)		10,809
	4,469	NEPES Corp.		34,237
	3,138	Nexen Corp.		227,211
	8,260	Nexen Tire Corp.		114,213
	9,100	NH Investment & Securities Co. Ltd.		41,744
	4,200	NICE Holdings Co. Ltd.		54,543
	6,790	NK Co. Ltd.		21,696
	799	Nong Shim Holdings Co. Ltd.		62,555
	2,181	NongShim Co. Ltd.		557,298
	800	Noroo Holdings Co. Ltd.		13,603
	5,249	OCI Co. Ltd.		931,761
	2,138	OCI Materials Co. Ltd.		61,323
	828	OPTRON-TEC, Inc.(b)		7,179
	804	Orion Corp.		655,759
	1,987	Osstem Implant Co. Ltd.(b)		50,773
	515	Ottogi Corp.		189,574
	2,770	Paik Kwang Industrial Co. Ltd.		7,324
	1,621	Pan Ocean Co. Ltd.(b)		6,694
	22,380	PaperCorea, Inc.(b)		12,796
	4,525	Paradise Co. Ltd.		117,527

	Shares		Value
SOUTH KOREA (continued)
	7,561	Partron Co. Ltd.	$	96,777
	12,196	Poongsan Corp.		299,673
	2,723	Poongsan Holdings Corp.		74,286
	344	POSCO Chemtech Co. Ltd.		41,234
	8,344	Posco ICT Co. Ltd.		59,870
	1,991	Posco M-Tech Co. Ltd.		10,473
	4,462	Power Logics Co. Ltd.(b)		16,842
	8,538	PSK, Inc.(b)		83,757
	450	Pulmuone Holdings Co. Ltd.		32,246
	112,293	Pyeong Hwa Automotive Co. Ltd.		2,203,161
	3,959	RFTech Co. Ltd.		45,310
	13,621	S&T Dynamics Co. Ltd.		152,709
	3,150	S&T Holdings Co. Ltd.		45,322
	4,800	S&T Motiv Co. Ltd.		123,997
	3,832	S-1 Corp.		278,535
	1,110	Sajo Industries Co. Ltd.(b)		28,934
	4,770	Sam Young Electronics Co. Ltd.		41,757
	3,017	Sam Yung Trading Co. Ltd.		51,300
	480	Samchully Co. Ltd.		54,487
	1,220	SAMHWA Paints Industrial Co. Ltd.		13,222
	23,040	Samick Musical Instruments Co. Ltd.		45,742
	4,310	Samick THK Co. Ltd.		34,026
	5,671	Samjin Pharmaceutical Co. Ltd.		86,892
	670	Samkwang Glass Co. Ltd.		29,639
	590	Samlip General Foods Co. Ltd.		33,514
	27,366	Samsung Electro-Mechanics Co. Ltd.		1,705,341
	6,550	Samsung Fine Chemicals Co. Ltd.		250,287
	12,457	Samsung SDI Co. Ltd.		1,670,089
	20,297	Samsung Securities Co. Ltd.		823,940
	4,627	Samsung Techwin Co. Ltd.		229,113
	1,040	Samyang Foods Co. Ltd.		27,449
	412	Samyang Genex Co. Ltd.		34,681
	3,916	Samyang Holdings Corp.		250,981
	19,700	Samyoung Chemical Co. Ltd.		37,363
	10,570	Savezone I&C Corp.		49,475
	21,510	SBS Media Holdings Co. Ltd.		96,462
	28,160	SBW(b)		18,022
	7,830	Seah Besteel Corp.		173,008
	485	SeAH Holdings Corp.		41,959
	1,408	SeAH Steel Corp.		107,868
	5,840	Sebang Co. Ltd.		103,667
	35,898	Seegene, Inc.(b)		2,012,314
	5,490	Sejong Industrial Co. Ltd.		84,375
	140	Sempio Foods Co.		3,218
	3,728	S-Energy Co. Ltd.		40,751
	3,543	Seobu T&D(b)		64,549
	44,667	Seohee Construction Co. Ltd.(b)		25,915
	3,989	Seoul Semiconductor Co. Ltd.		173,297
	1,490	Seowon Co. Ltd.		2,339
	2,690	Sewon Cellontech Co. Ltd.(b)		6,384

	Shares		Value
SOUTH KOREA (continued)
	520	Sewon Precision Industry Co. Ltd.	$	13,482
	1,675	SFA Engineering Corp.		70,890
	50,350	SG Corp.(b)		28,883
	15,309	Shin Poong Pharmaceutical Co. Ltd.		68,653
	2,084	Shinsegae Co. Ltd.		444,896
	26,713	Shinsung Solar Energy Co. Ltd.(b)		28,701
	22,990	Shinsung Tongsang Co. Ltd.(b) .		19,932
	15,480	Shinwon Corp.(b)		18,801
	2,240	Shinyoung Securities Co. Ltd.		83,083
	11,434	Signetics Corp.(b)		23,715
	3,161	Silicon Works Co. Ltd.		67,482
	2,200	Silla Co. Ltd.		50,871
	6,723	Simm Tech Co. Ltd.		39,069
	3,870	SIMPAC, Inc.		25,743
	971	Sindoh Co. Ltd.		56,427
	2,720	SJM Co. Ltd.		25,539
	71,993	SK Broadband Co. Ltd.(b)		318,818
	2,799	SK C&C Co. Ltd.		326,879
	6,737	SK Chemicals Co. Ltd.		368,840
	5,137	SK Communications Co. Ltd.(b)		33,980
	1,871	SK Gas Ltd.		126,525
	30,850	SK Networks Co. Ltd.		242,972
	164,110	SK Securities Co. Ltd.(b)		109,320
	8,900	SKC Co. Ltd.		258,182
	5,580	SL Corp.		90,189
	2,887	SM Entertainment Co.(b)		123,669
	2,868	S-Mac Co. Ltd.		27,996
	8,190	Songwon Industrial Co. Ltd.		73,074
	11,774	Soulbrain Co. Ltd.		453,206
	9,930	Ssangyong Cement Industrial Co. Ltd.(b)		70,508
	18,069	STS Semiconductor & Telecommunications(b)		63,558
	2,270	Suheung Capsule Co. Ltd.		76,667
	579	Sun Kwang Co. Ltd.		9,575
	3,202	Sung Kwang Bend Co. Ltd.		68,656
	2,100	Sungchang Enterprise Holdings Ltd.(b)		34,433
	5,670	Sungshin Cement Co. Ltd.(b)		37,611
	16,513	Sungwoo Hitech Co. Ltd.		239,900
	214	Sunjin Co. Ltd.		5,298
	422	Suprema, Inc.(b)		10,172
	6,520	Tae Kyung Industrial Co. Ltd.		28,934
	245	Taekwang Industrial Co. Ltd.		321,372
	2,079	Taewoong Co. Ltd.(b)		51,375
	23,300	Taeyoung Engineering & Construction Co. Ltd.		117,768
	16,710	Tailim Packaging Industrial Co. Ltd.		30,911
	2,529	TCC Steel		7,916
	16,250	TK Chemical Corp.(b)		28,163
	20,170	TONGYANG Life Insurance		204,461
	200	TONGYANG Moolsan Co. Ltd.		1,547

	Shares		Value
SOUTH KOREA (continued)
	5,875	Top Engineering Co. Ltd.(b)	$	22,943
	3,450	Tovis Co. Ltd.		17,825
	1,970	TS Corp.		51,443
	1,709	Uju Electronics Co. Ltd.		25,866
	2,047	Unid Co. Ltd.		114,748
	250	Union Steel		3,515
	1,880	Visang Education, Inc.		20,989
	5,350	Whanin Pharmaceutical Co. Ltd.		61,730
	40,830	Willbes & Co. (The)(b)		38,146
	5,906	Wonik IPS Co. Ltd.(b)		54,737
	7,787	Woojeon & Handan Co. Ltd.		53,691
	6,197	Woongjin Chemical Co. Ltd.(b)		61,371
	23,490	Woongjin Energy Co. Ltd.(b)		48,062
	9,260	Woongjin Thinkbig Co. Ltd.(b)		60,127
	12,750	Wooree ETI Co. Ltd.		30,971
	6,008	Woori Financial Co. Ltd.		117,314
	69,483	Woori Investment & Securities Co. Ltd.		593,334
	4,730	Y G-1 Co. Ltd.		40,921
	1,080	YESCO Co. Ltd.		36,425
	711	YG Entertainment, Inc.		39,856
	9,270	Yoosung Enterprise Co. Ltd.		35,596
	6,970	Youlchon Chemical Co. Ltd.		77,491
	18,290	Young Heung Iron & Steel Co. Ltd.		32,382
	345	Young Poong Corp.		391,624
	4,080	Young Poong Precision Corp.		36,365
	4,952	Youngone Corp.		178,353
	2,598	Youngone Holdings Co. Ltd.		177,189
	1,184	Yuhan Corp.		215,705
				91,168,991
SPAIN — 0.5%
	25,804	Abengoa SA		103,293
	47,840	Abengoa SA - B Shares		158,079
	9,663	Acciona SA		641,854
	40,068	Acerinox SA		521,000
	2,892	Adveo Group International SA		62,485
	20,739	Almirall SA		331,175
	3,330	Azkoyen SA(b)		11,453
	1,745,992	Banco de Sabadell SA		5,164,152
	283,263	Banco Popular Espanol SA(b)		1,950,692
	3,509	Banco Santander SA		30,336
	81	Banco Santander SA(b)(d)		700
	167,120	Bankinter SA		1,252,076
	1,315	Baron de Ley(b)		117,941
	18,045	Bolsas y Mercados Espanoles SA		706,151
	20,024	Caja de Ahorros del Mediterraneo(b)(c)(d)		0
	16,842	Cie Automotive SA		173,883
	485	Construcciones y Auxiliar de Ferrocarriles SA		245,296
	332,485	Deoleo SA(b)		221,971

	Shares		Value
SPAIN (continued)
	113,832	Distribuidora Internacional de Alimentacion SA	$	937,124
	8,393	Duro Felguera SA		56,146
	26,493	Ebro Foods SA		587,066
	158,336	EDP Renovaveis SA(b)		912,495
	9,048	Elecnor SA		137,407
	95,049	Enagas SA		2,602,326
	68,381	Ence Energia y Celulosa SA		251,316
	25,768	Ercros SA(b)		18,072
	46,121	Faes Farma SA		164,217
	732	Faes Farma SA(b)(d)		41
	12,842	Fluidra SA		48,063
	11,950	Fomento de Construcciones y Contratas SA(b)		320,327
	116,565	Gamesa Corp. Tecnologica SA(b)		1,281,280
	31,966	Grupo Catalana Occidente SA		1,228,715
	9,280	Grupo Ezentis SA(b)		18,236
	2,010	Iberpapel Gestion SA		42,155
	46,815	Indra Sistemas SA		829,341
	893	Inmobiliaria Colonial SA(b)		1,347
	5,819	Laboratorios Farmaceuticos Rovi SA		76,912
	51,556	Mediaset Espana Comunicacion SA(b)		636,028
	12,445	Melia Hotels International SA		161,804
	2,756	Miquel y Costas & Miquel SA		106,270
	5,340	Natra SA(b)		15,845
	54,285	NH Hoteles SA(b)		341,546
	34,034	Obrascon Huarte Lain SA		1,438,108
	13,901	Papeles y Cartones de Europa SA		73,306
	9,252	Pescanova SA(b)(c)(d)		0
	1,765	Prim SA		13,640
	147,552	Promotora de Informaciones SA - Class A(b)		80,597
	1,206,175	Prosegur Cia de Seguridad SA		7,255,433
	26,928	Red Electrica Corp. SA		1,885,269
	64,394	Sacyr SA(b)		328,896
	2,247	Tecnicas Reunidas SA		118,282
	41,405	Tubacex SA		158,036
	34,984	Tubos Reunidos SA		82,807
	8,830	Vidrala SA		437,421
	15,581	Viscofan SA		825,439
	27,177	Zardoya Otis SA		456,340
	30,974	Zeltia SA(b)		112,374
				35,732,564
	SWEDEN — 0.8%
	11,929	AarhusKarlshamn AB		729,425
	24,738	Acando AB		49,465
	3,083	AddNode Group AB		18,494
	8,313	AddTech AB - Class B		128,475
	330,607	AF AB - Class B(d)		10,698,276
	2,158	Arise AB(b)		7,181
	794	Atrium Ljungberg AB - Class B		10,811

	Shares		Value
SWEDEN (continued)
	1,644	Avanza Bank Holding AB	$	60,225
	8,149	Axfood AB		390,571
	14,516	Axis Communications AB		468,401
	5,502	B&B Tools AB - Class B		109,177
	2,816	Beijer AB G&L - Class B		53,944
	6,098	Beijer Alma AB		156,373
	2,038	Beijer Electronics AB		20,842
	11,117	Betsson AB		313,925
	17,184	Bilia AB - Class A		439,344
	103,419	BillerudKorsnas AB		1,239,974
	4,165	BioGaia AB - Class B		143,678
	24,799	Biotage AB		37,096
	1,759	Bjoern Borg AB		7,974
	293,940	Boliden AB		4,470,971
	42,950	Bure Equity AB		175,041
	11,928	Byggmax Group AB		90,488
	18,040	Castellum AB		288,028
	1,746	Catena AB		27,584
	5,320	Clas Ohlson AB - Class B		90,948
	10,828	Concordia Maritime AB - Class B		20,329
	19,770	CyberCom Group AB(b)		7,212
	2,644	Doro AB		19,614
	13,655	Duni AB		181,854
	59,753	Electrolux AB - Class B		1,269,594
	123,512	Elekta AB - Class B		1,800,439
	1,207	Enea AB		9,534
	53,430	Eniro AB(b)		399,212
	15,073	Fabege AB		191,306
	741	Fagerhult AB		24,770
	6,050	Fastighets AB Balder - Class B(b)		64,412
	96,813	Getinge AB - Class B		3,327,882
	25,488	Gunnebo AB		142,002
	28,421	Haldex AB		277,642
	11,372	Hexpol AB		810,624
	8,094	HIQ International AB		47,812
	440	HMS Networks AB		10,209
	26,976	Holmen AB - Class B		932,635
	7,179	Hufvudstaden AB - Class A		96,266
	22,054	Husqvarna AB - Class A		127,246
	139,162	Husqvarna AB - Class B		807,604
	24,085	ICA Gruppen AB(b)		742,248
	11,328	Industrial & Financial Systems - Class B		276,655
	5,489	Indutrade AB		237,945
	31,357	Intrum Justitia AB		885,466
	39,593	JM AB		1,060,020
	18,518	KappAhl AB(b)		110,519
	264	Karolinska Development AB - Class B(b)		971
	6,105	Klovern AB		30,286
	18,031	KNOW IT AB		161,006
	14,357	Kungsleden AB		104,313
	2,706	Lagercrantz AB - Class B		51,527
	21,175	Lindab International AB(b)		214,775

	Shares		Value
SWEDEN (continued)
	31,173	Loomis AB - Class B	$	737,524
	75,113	Lundin Petroleum AB(b)		1,297,859
	139,081	Meda AB - Class A		1,693,029
	2,363	Medivir AB - Class B(b)		32,642
	7,277	Mekonomen AB		177,165
	29,549	Micronic Mydata AB(b)		60,890
	10,364	Modern Times Group AB - Class B		467,941
	1,715	MQ Holding AB		6,047
	4,448	Munksjo Oyj(b)		32,995
	1,241	NCC AB - Class A		39,552
	39,737	NCC AB - Class B		1,269,493
	2,159	Nederman Holding AB		63,603
	3,937	Net Entertainment NE AB - Class B		89,690
	49,418	New Wave Group AB - Class B		270,798
	11,629	Nibe Industrier AB - Class B		255,073
	61,798	Nobia AB		478,714
	8,614	Nolato AB - Class B		210,373
	17,542	Nordnet AB - Class B		74,705
	3,858	Orexo AB(b)		102,171
	76,747	Peab AB		476,667
	54,154	Pricer AB - Class B		55,796
	1,152	Proact IT Group AB		13,891
	23,300	Proffice AB - Class B		85,000
	82,544	Ratos AB - Class B		761,636
	4,226	ReadSoft AB - Class B		12,255
	10,866	Rezidor Hotel Group AB(b)		74,470
	30,024	Saab AB - Class B		779,082
	1,150	Sagax AB - Class B		4,687
	91,584	SAS AB(b)		253,025
	4,652	Sectra AB - Class B(b)		56,096
	124,127	Securitas AB - Class B		1,290,265
	5,219	Semcon AB		47,797
	39,832	Skanska AB - Class B		785,526
	6,920	SkiStar AB		97,440
	128,873	SSAB AB - Class A		1,028,797
	20,678	SSAB AB - Class B		146,356
	8,924	Sweco AB - Class B		129,404
	15,079	Swedish Match AB		441,916
	21,190	Swedish Orphan Biovitrum AB(b)		241,611
	2,770	Systemair AB		50,843
	196,393	Tele2 AB - B Shares		2,164,358
	7,542	TradeDoubler AB(b)		21,873
	95,263	Trelleborg AB - Class B		1,901,945
	3,694	Vitrolife AB		49,337
	8,602	Wallenstam AB - Class B		131,563
	6,774	Wihlborgs Fastigheter AB		123,819
				53,256,359
SWITZERLAND — 1.5%
	13,283	Actelion Ltd.		1,248,234
	564	Advanced Digital Broadcast Holdings SA(b)		9,331

	Shares		Value
SWITZERLAND (continued)
	9,604	AFG Arbonia-Forster Holding AG(b)	$	337,912
	178,000	Allied World Assurance Co. Holdings AG		18,319,760
	8,646	Allreal Holding AG		1,202,515
	55	Alpiq Holding AG		7,595
	934	ALSO Holding AG		51,302
	314	APG SGA SA		92,470
	45,586	Aryzta AG		3,587,450
	8,734	Ascom Holding AG		166,174
	1,374	Autoneum Holding AG		237,929
	1,807	Bachem Holding AG - Class B		98,756
	32,904	Baloise Holding AG		3,937,665
	1,857	Bank Coop AG		89,097
	277	Banque Cantonale de Geneve		71,492
	2,108	Banque Cantonale Vaudoise		1,146,246
	6	Banque Privee Edmond de Rothschild SA		105,851
	728	Barry Callebaut AG		862,375
	215	Basilea Pharmaceutica		29,666
	1,631	Basler Kantonalbank		136,089
	99	Belimo Holding AG		275,385
	55	Bell AG		139,889
	1,916	Berner Kantonalbank AG		452,241
	984	BKW AG.		31,040
	2,971	Bobst Group SA(b)		108,465
	1,198	Bossard Holding AG		288,714
	3,886	Bucher Industries AG		1,140,105
	23,299	Burckhardt Compression Holding AG(d)		10,504,016
	310	Burkhalter Holding AG		25,986
	977	Calida Holding AG		34,160
	36	Carlo Gavazzi Holding AG		8,696
	178	Cham Paper Holding AG		43,192
	1,088	Charles Voegele Holding AG - Class A(b)		13,380
	131	Cicor Technologies		5,173
	40	Cie Financiere Tradition SA		2,115
	154,090	Clariant AG		2,911,335
	41,486	Coca-Cola HBC AG - CDI		1,100,047
	1,178	Coltene Holding AG		59,962
	35	Conzzeta AG		81,685
	2,750	Daetwyler Holding AG		415,541
	4,898	Dufry AG(b)		768,748
	8,522	EFG International AG		124,543
	1,329	Emmi AG		421,794
	2,683	EMS-Chemie Holding AG		922,545
	4,343	Energiedienst Holding AG		136,759
	12,484	Ferrexpo Plc		31,194
	2,933	Flughafen Zuerich AG		1,724,248
	530	Forbo Holding AG		433,166
	1,617	Galenica AG		1,542,718
	89,347	GAM Holding AG		1,502,831
	1,495	Gategroup Holding AG(b)		44,521
	3,355	Geberit AG		973,955
	3,379	Georg Fischer AG		2,319,999

	Shares		Value
SWITZERLAND (continued)
	284	Gurit Holding AG	$	157,717
	4,832	Helvetia Holdings AG		2,331,661
	4,946	Highlight Communications AG		26,316
	1,239	Huber & Suhner AG		66,279
	5,293	Implenia AG		372,755
	249	Inficon Holding AG		92,004
	261,004	Informa Plc		2,218,262
	136	Interroll Holding AG		80,251
	104	Intershop Holdings AG		38,771
	178,605	Julius Baer Group Ltd.		8,677,605
	1	Jungfraubahn Holding AG		74
	821	Kaba Holding AG - Class B		375,343
	1,015	Kardex AG		43,325
	2,133	Komax Holding AG		334,542
	19,555	Kudelski SA(b)		298,722
	836	Kuoni Reisen Holding AG		378,051
	161	LEM Holding SA		124,126
	15	Lindt & Spruengli AG		803,976
	17,216	Logitech International SA		271,537
	16,086	Lonza Group AG		1,617,205
	1,434	Luzerner Kantonalbank AG		550,413
	16	MCH Group AG		1,072
	52	Metall Zug AG - Class B		139,428
	24,650	Meyer Burger Technology AG(b)		373,835
	20,313	Micronas Semiconductor Holding AG		163,328
	677	Mikron Holding AG		5,667
	9,148	Mobilezone Holding AG		97,468
	3,918	Mobimo Holding AG		817,177
	15,385	Nobel Biocare Holding AG		235,022
	111,727	OC Oerlikon Corp AG(b)		1,762,197
	960	Orascom Development Holding AG(b)		15,936
	417	Orell Fuessli Holding AG(b)		44,430
	2,266	Orior AG		132,588
	3,289	Panalpina Welttransport Holding AG		544,146
	3,238	Partners Group Holding AG		767,492
	281	Phoenix Mecano AG		181,000
	3,798	PSP Swiss Property AG		327,165
	78	PubliGroupe SA		9,911
	352	Rieter Holding AG		78,308
	154	Romande Energie Holding SA		183,445
	78	Schaffner Holding AG		24,497
	287,305	Schmolz & Bickenbach AG(b)		377,095
	472	Schweiter Technologies AG		364,418
	8,630	Schweizerische National-Versicherungs-Gesellsschaft AG		569,210
	845	Siegfried Holding AG		150,984
	894	Sika AG		2,946,310
	6,261	Sonova Holding AG		860,443
	1,426	St. Galler Kantonalbank AG		552,061
	308,724	STMicroelectronics NV		2,534,497
	78	Straumann Holding AG		15,563

	Shares		Value
SWITZERLAND (continued)
	12,312	Sulzer AG	$	1,859,056
	14,784	Swiss Life Holding AG		3,189,489
	121,186	Swisslog Holding AG		151,040
	2,762	Swissquote Group Holding SA		108,756
	955	Tamedia AG		121,133
	2,356	Tecan Group AG		258,558
	12,759	Temenos Group AG		358,853
	1,732	U-Blox AG		219,688
	43	Valartis Group AG		975
	4,581	Valiant Holding AG		445,645
	2,156	Valora Holding AG		555,259
	380	Vaudoise Assurances Holding SA		163,668
	47	Vetropack Holding AG		93,259
	19,524	Vontobel Holding AG		735,394
	3	Walliser Kantonalbank		2,492
	1,950	Walter Meier AG		129,046
	915	Ypsomed Holding AG		78,920
	3,700	Zehnder Group AG		166,299
	1,427	Zueblin Immobilien Holding AG(b)		3,116
	52	Zug Estates Holding AG - B Shares		67,964
	31	Zuger Kantonalbank AG		158,342
				102,326,637
TAIWAN — 1.2%
	89,000	Ability Enterprise Co. Ltd.		56,694
	66,000	AcBel Polytech, Inc.		68,620
	169,000	Accton Technology Corp.		91,201
	1,162,000	Acer, Inc.(b)		688,436
	64,765	Achem Technology Corp.		42,860
	6,000	Acter Co. Ltd.		23,665
	79,497	Action Electronics Co. Ltd.(b)		16,924
	9,000	Actron Technology Corp.		31,785
	43,000	A-DATA Technology Co. Ltd.		96,510
	18,400	Adlink Technology, Inc.		28,574
	54,060	Advancetek Enterprise Co. Ltd.		65,038
	79,637	Advantech Co. Ltd.		496,787
	183,027	AGV Products Corp.(b)		54,550
	20,000	ALI Corp.		20,431
	18,000	Alltek Technology Corp.		13,041
	136,000	Alpha Networks, Inc.		110,649
	147,215	Altek Corp.		138,967
	120,000	Ambassador Hotel (The)		116,445
	18,000	AMPOC Far-East Co. Ltd.		14,229
	161,830	AmTRAN Technology Co. Ltd.		104,157
	32,000	Anpec Electronics Corp.		24,187
	52,000	APCB, Inc.		33,125
	22,552	Apex Biotechnology Corp.		50,020
	36,036	Apex Science & Engineering		21,707
	160,700	Ardentec Corp.		132,602
	83,427	Arima Communications Corp.(b)		38,826
	155,000	Asia Optical Co., Inc.(b)		162,431

	Shares		Value
TAIWAN (continued)
	14,000	Asia Plastic Recycling Holding Ltd.	$	41,033
	113,000	Asia Polymer Corp.		96,412
	103,100	Asia Vital Components Co. Ltd.		67,038
	9,000	ASROCK, Inc.		34,310
	11,000	Aten International Co. Ltd.		32,494
	3,154,000	AU Optronics Corp.(b)		937,950
	56,000	Audix Corp.		57,483
	19,000	Aurora Corp.		38,129
	13,000	AV Tech Corp.		36,043
	47,270	Avermedia Technologies, Inc.		21,063
	9,000	Avision, Inc.(b)		2,941
	28,000	AVY Precision Technology, Inc.		43,159
	17,850	Awea Mechantronic Co. Ltd.		24,421
	138,431	Bank of Kaohsiung		43,315
	13,000	Basso Industry Corp.		12,872
	26,000	BenQ Materials Corp.(b)		31,580
	1,293,350	BES Engineering Corp.		365,412
	48,000	Biostar Microtech International Corp.		22,497
	15,000	Boardtek Electronics Corp.		17,279
	62,000	C Sun Manufacturing Ltd.		41,541
	390,781	Capital Securities Corp.		152,198
	114,000	Career Technology Manufacturing Co. Ltd.		119,277
	117,000	Carnival Industrial Corp.		32,709
	7,000	Cathay Chemical Works		4,193
	226,000	Cathay No. 1 REIT		147,472
	23,000	Cathay No. 2 REIT		12,335
	189,000	Cathay Real Estate Development Co. Ltd.		112,910
	38,760	Central Reinsurance Co. Ltd.		18,422
	47,000	ChainQui Construction Development Co. Ltd.		38,472
	179,000	Champion Building Materials Co. Ltd.(b)		73,556
	10,923	Chang Wah Electromaterials, Inc.		30,284
	127,000	Charoen Pokphand Enterprise		66,020
	19,000	Chaun-Choung Technology Corp.		63,966
	13,000	CHC Resources Corp.		29,134
	811,920	Cheng Loong Corp.		381,875
	196,797	Cheng Uei Precision Industry Co. Ltd.		417,660
	19,000	Chenming Mold Industry Corp.(b)		13,859
	75,000	Chia Chang Co. Ltd.		94,686
	380,659	Chia Hsin Cement Corp.(b)		194,743
	182,028	Chicony Electronics Co. Ltd.		465,622
	120,120	Chien Kuo Construction Co. Ltd.		54,713
	41,960	Chilisin Electronics Corp.		37,462
	42,000	Chimei Materials Technology Corp.		55,519
	1,475,744	China Airlines Ltd.(b)		518,745

	Shares		Value
TAIWAN (continued)
	103,000	China Chemical & Pharmaceutical Co. Ltd.	$	77,851
	14,000	China Ecotek Corp.		34,703
	83,000	China Electric Manufacturing Corp.		36,983
	268,180	China General Plastics Corp.		141,182
	22,000	China Glaze Co. Ltd.		11,909
	816,685	China Life Insurance Co. Ltd.		780,362
	1,005,505	China Man-Made Fiber Corp.(b)		406,550
	92,978	China Metal Products		114,007
	521,391	China Motor Corp.		485,295
	716,881	China Petrochemical Development Corp.		317,063
	42,114	China Steel Chemical Corp.		233,523
	37,000	China Steel Structure Co. Ltd.		41,155
	194,616	China Synthetic Rubber Corp.		179,857
	96,000	China Wire & Cable Co. Ltd.(b)		42,776
	28,000	Chinese Maritime Transport Ltd.		35,719
	167,883	Chin-Poon Industrial Co. Ltd.		279,274
	145,000	Chipbond Technology Corp.		226,133
	33,574	Chong Hong Construction Co.		90,646
	35,876	Chroma ATE, Inc.		76,968
	92,000	Chun Yu Works & Co. Ltd.(b)		34,313
	338,779	Chun Yuan Steel		127,472
	79,000	Chung Hsin Electric & Machinery Manufacturing Corp.		52,280
	156,339	Chung Hung Steel Corp.(b)		44,119
	224,240	Chung Hwa Pulp Corp.(b)		68,240
	228,000	Chunghwa Picture Tubes Ltd.(b)		13,169
	9,000	Cleanaway Co. Ltd.		54,955
	153,348	Clevo Co.		316,338
	940,000	CMC Magnetics Corp.(b)		150,164
	48,300	CoAsia Microelectronics Corp.		24,311
	127,182	Collins Co. Ltd.		45,756
	956,000	Compal Electronics, Inc.		717,847
	810,000	Compeq Manufacturing Co. Ltd.		451,819
	191,689	Continental Holdings Corp.		68,647
	326,000	Coretronic Corp.		302,355
	39,560	Cosmos Bank Taiwan(b)		20,826
	36,000	Coxon Precise Industrial Co. Ltd.		56,797
	33,000	CSBC Corp. Taiwan		21,239
	203,838	CTCI Corp.		277,862
	16,000	CviLux Corp.		19,460
	11,660	Cyberlink Corp.		33,213
	10,000	Cyberpower Systems, Inc.		23,038
	15,460	CyberTAN Technology, Inc.		16,176
	76,000	DA CIN Construction Co. Ltd.		67,979
	58,000	Danen Technology Corp.(b)		28,332
	169,000	Darfon Electronics Corp.		113,234
	66,201	Delpha Construction Co. Ltd.		25,674

	Shares		Value
TAIWAN (continued)
	24,000	Depo Auto Parts Industrial Co. Ltd.	$	91,097
	17,000	DFI, Inc.		19,526
	152,712	D-Link Corp.		97,027
	62,183	Dynamic Electronics Co. Ltd.(b)		22,371
	14,000	Dynapack International Technology Corp.		37,798
	198,000	E Ink Holdings, Inc.(b)		105,870
	3,376,078	E.Sun Financial Holding Co. Ltd.		2,100,473
	226,675	Eastern Media International Corp.(b)		107,736
	87,675	Eclat Textile Co. Ltd.		960,743
	102,448	Edimax Technology Co. Ltd.		42,944
	11,000	Edom Technology Co. Ltd.		5,410
	34,320	Elan Microelectronics Corp.		59,584
	14,000	E-LIFE MALL Corp.		28,834
	21,000	Elite Advanced Laser Corp.		51,638
	129,967	Elite Material Co. Ltd.		111,532
	38,000	Elite Semiconductor Memory Technology, Inc.		44,901
	176,569	Elitegroup Computer Systems Co. Ltd.		104,318
	39,000	ENG Electric Co. Ltd.		33,919
	160,000	Entie Commercial Bank		77,630
	36,000	Episil Technologies, Inc.(b)		11,942
	214,000	Epistar Corp.		473,240
	210,492	Eternal Chemical Co. Ltd.		196,962
	111,000	E-Ton Solar Tech Co. Ltd.(b)		63,931
	28,000	Etron Technology, Inc.(b)		12,430
	783,609	Eva Airways Corp.(b)		416,407
	40,000	Everest Textile Co. Ltd.(b)		13,268
	148,000	Evergreen International Storage & Transport Corp.		99,408
	659,197	Evergreen Marine Corp. Taiwan Ltd.(b)		387,283
	126,152	Everlight Chemical Industrial Corp.		102,845
	51,643	Everlight Electronics Co. Ltd.		123,067
	1,000	Everspring Industry Co. Ltd.(b)		751
	59,373	Excelsior Medical Co. Ltd.		109,937
	490,865	Far Eastern Department Stores Ltd.		447,972
	1,065,422	Far Eastern International Bank		416,709
	63,797	Faraday Technology Corp.		80,227
	43,000	Farglory F T Z Investment Holding Co. Ltd.(b)		35,836
	186,154	Farglory Land Development Co. Ltd.		298,608
	304,469	Federal Corp.		229,124
	143,320	Feng Hsin Iron & Steel Co.		245,036
	43,656	Feng TAY Enterprise Co. Ltd.		98,702
	19,000	First Copper Technology Co. Ltd.(b)		6,585
	54,821	First Hotel		35,374
	119,000	First Insurance Co. Ltd.		78,947
	186,256	First Steamship Co. Ltd.		115,267

	Shares		Value
TAIWAN (continued)
	57,643	FLEXium Interconnect, Inc.	$	173,324
	8,351	Flytech Technology Co. Ltd.		28,252
	54,000	Forhouse Corp.		20,497
	50,000	Formosa Advanced Technologies Co. Ltd.		28,963
	214,000	Formosa Epitaxy, Inc.(b)		128,552
	11,826	Formosa International Hotels Corp.		130,370
	48,203	Formosa Oilseed Processing		17,978
	729,000	Formosa Taffeta Co. Ltd.		771,168
	347,000	Formosan Rubber Group, Inc.		319,541
	187,628	Formosan Union Chemical		89,796
	33,000	Fortune Electric Co. Ltd.		19,442
	70,811	Founding Construction & Development Co. Ltd.		44,640
	66,000	Foxconn Technology Co. Ltd.		148,567
	86,000	Froch Enterprise Co. Ltd.(b)		27,165
	100,022	FSP Technology, Inc.		99,370
	35,000	Fubon No. 1 REIT		18,714
	89,000	Fubon No. 2 REIT		37,483
	57,800	Fullerton Technology Co. Ltd.		50,746
	93,422	Fulltech Fiber Glass Corp.(b)		35,460
	115,549	Fwusow Industry Co. Ltd.		55,872
	47,000	G Shank Enterprise Co. Ltd.		35,524
	128,101	Gemtek Technology Corp.		124,940
	26,982	Genius Electronic Optical Co. Ltd.		82,467
	6,228	GeoVision, Inc.		36,487
	180,000	Getac Technology Corp.		89,116
	512,143	Giant Manufacturing Co. Ltd.		3,245,530
	5,000	Giantplus Technology Co. Ltd.(b)		1,510
	2,000	Giga Solar Materials Corp.		33,666
	154,781	Gigabyte Technology Co. Ltd.		203,326
	152,000	Ginko International Co. Ltd.		2,814,490
	180,297	Gintech Energy Corp.(b)		183,882
	115,133	Global Brands Manufacture Ltd.(b)		41,421
	23,000	Global Lighting Technologies, Inc.		25,090
	102,000	Globe Union Industrial Corp.(b)		67,501
	156,250	Gloria Material Technology Corp.		115,263
	293,770	Gold Circuit Electronics Ltd.(b)		70,685
	429,852	Goldsun Development & Construction Co. Ltd.		172,381
	19,845	Good Will Instrument Co. Ltd.		12,380
	7,000	Gourmet Master Co. Ltd.		42,281
	886,000	Grand Pacific Petrochemical		643,353
	19,000	Grape King Bio Ltd.		82,466
	59,000	Great China Metal Industry		72,734
	66,000	Great Taipei Gas Co. Ltd.		50,321
	163,036	Great Wall Enterprise Co. Ltd.		140,987
	55,353	Green Energy Technology, Inc.(b)		55,266
	27,000	GTM Corp.(b)		17,734

	Shares		Value
TAIWAN (continued)
	64,000	Hannstar Board Corp.	$	24,081
	1,547,000	HannStar Display Corp.(b)		533,580
	157,115	HannsTouch Solution, Inc.(b)		47,346
	126,000	Hey Song Corp.		132,249
	145,188	Highwealth Construction Corp.		291,838
	69,620	Hitron Technology, Inc.		39,524
	27,109	Hiwin Technologies Corp.		246,059
	299,720	Ho Tung Chemical Corp.		140,474
	139,000	Hocheng Corp.(b)		46,337
	28,800	Holiday Entertainment Co. Ltd.		34,363
	20,000	Holtek Semiconductor, Inc.		38,287
	84,294	Holy Stone Enterprise Co. Ltd.		117,131
	62,000	Hong Tai Electric Industrial		20,259
	111,000	Horizon Securities Co. Ltd.		37,736
	12,000	Howarm Construction Co. Ltd.(b)		10,258
	122,678	Hsin Kuang Steel Co. Ltd.		77,743
	63,326	Hsing TA Cement Co.		24,664
	11,000	Hu Lane Associate, Inc.		31,405
	316,000	HUA ENG Wire & Cable Co. Ltd.		118,901
	1,710	Hua Yu Lien Development Co. Ltd.(b)		2,980
	35,479	Huaku Development Co. Ltd.		87,241
	39,000	Huang Hsiang Construction Co.		63,075
	138,514	Hung Poo Real Estate Development Corp.		133,725
	102,000	Hung Sheng Construction Ltd.		75,076
	60,991	Hwa Fong Rubber Co. Ltd.(b)		39,456
	193,341	Ichia Technologies, Inc.		114,227
	16,000	I-Chiun Precision Industry Co. Ltd.		10,192
	81,375	IEI Integration Corp.		141,008
	31,000	ILI Technology Corp.		56,582
	17,000	Infortrend Technology, Inc.		10,521
	534,000	Innolux Corp.(b)		185,065
	209,000	Inotera Memories, Inc.(b)		162,799
	608,155	Inventec Corp.		561,034
	24,000	I-Sheng Electric Wire & Cable Co. Ltd.		33,508
	54,691	ITE Technology, Inc.		46,572
	83,000	ITEQ Corp.		87,527
	27,000	Jess-Link Products Co. Ltd.		28,918
	283,165	Jih Sun Financial Holdings Co. Ltd.		82,620
	3,105	Johnson Health Tech Co. Ltd.		8,373
	44,000	Kang Na Hsiung Enterprise Co. Ltd.		24,689
	35,000	Kaulin Manufacturing Co. Ltd.		26,108
	134,823	KEE TAI Properties Co. Ltd.		83,437
	185,067	Kenda Rubber Industrial Co. Ltd.		399,485
	24,000	Kenmec Mechanical Engineering Co. Ltd.(b)		11,328
	87,000	Kerry TJ Logistics Co. Ltd.		122,614
	171,000	King Slide Works Co. Ltd.		1,870,996
	544,184	King Yuan Electronics Co. Ltd.		377,188

Shares			Value
TAIWAN (continued)
	171,000	Kingdom Construction Co. Ltd.	$	173,836
	407,185	King’s Town Bank		397,139
	49,532	King’s Town Construction Co. Ltd.(b)		47,574
	47,000	Kinik Co.		119,759
	37,000	Kinko Optical Co. Ltd.		36,515
	543,343	Kinpo Electronics, Inc.		202,650
	102,000	Kinsus Interconnect Technology Corp.		355,178
	158,000	KMC Kuei Meng International, Inc.		581,467
	16,328	KS Terminals, Inc.		19,671
	16,000	Kung Long Batteries Industrial Co. Ltd.		41,192
	40,000	Kung Sing Engineering Corp.		18,747
	200,982	Kuoyang Construction Co. Ltd.		124,712
	191,040	Kwong Fong Industries		119,173
	131,000	KYE Systems Corp.		52,534
	62,000	L&K Engineering Co. Ltd.		56,480
	126,478	LCY Chemical Corp.		160,511
	24,828	Leader Electronics, Inc.		12,456
	345,410	Lealea Enterprise Co. Ltd.		123,127
	21,826	Ledtech Electronics Corp.		15,632
	63,000	LEE CHI Enterprises Co. Ltd.		34,310
	39,000	Lelon Electronics Corp.		36,944
	146,638	Leofoo Development Co. Ltd.(b)		60,257
	131,500	Lextar Electronics Corp.		142,796
	332,545	Li Peng Enterprise Co. Ltd.(b)		151,469
	28,643	Lian Hwa Food Corp.		35,736
	446,362	Lien Hwa Industrial Corp.		283,603
	235,000	Lingsen Precision Industries Ltd.		133,798
	104,000	Lite-On Semiconductor Corp.		66,421
	97,661	Lite-On Technology Corp.		144,570
	118,000	Long Bon International Co. Ltd.		63,873
	278,720	Long Chen Paper Co. Ltd.		144,431
	18,000	Longwell Co.		16,635
	29,451	Lotes Co. Ltd.		66,781
	69,000	Lucky Cement Corp.(b)		18,424
	30,939	Lumax International Corp. Ltd.		74,750
	6,000	Lung Yen Life Service Corp.		16,536
	1,668,936	Macronix International(b)		365,763
	27,000	Makalot Industrial Co. Ltd.		132,338
	67,000	Marketech International Corp.		40,026
	368,000	Masterlink Securities Corp.		126,321
	13,152	Mayer Steel Pipe Corp.		5,839
	9,000	Maywufa Co. Ltd.		4,396
	75,440	Meiloon Industrial Co. Ltd.		48,429
	146,188	Mercuries & Associates Ltd.		96,743
	45,000	Mercuries Life Insurance Co. Ltd.(b)		28,963
	50,600	Merida Industry Co. Ltd.		312,310
	25,801	Merry Electronics Co. Ltd.		149,454
	43,043	Microbio Co. Ltd.(b)		43,331

Shares			Value
TAIWAN (continued)
	55,219	Microelectronics Technology, Inc.(b)	$	33,535
	312,404	Micro-Star International Co. Ltd.		273,247
	54,590	Mirle Automation Corp.		48,288
	146,500	Mitac Holdings Corp.(b)		127,412
	125,822	Mosel Vitelic, Inc.(b)		26,371
	111,000	Motech Industries Inc.(b)		196,373
	4,000	Nak Sealing Technologies Corp.		11,645
	8,000	Namchow Chemical Industrial Co. Ltd.		11,380
	152,590	Nan Kang Rubber Tire Co. Ltd.(b)		184,584
	49,000	Nan Ren Lake Leisure Amusement Co. Ltd.(b)		22,723
	38,000	Nan Ya Printed Circuit Board Corp.(b)		45,278
	104,897	Nantex Industry Co. Ltd.		67,340
	32,000	National Petroleum Co. Ltd.		30,841
	143,250	Neo Solar Power Corp.(b)		167,847
	7,475	New Asia Construction & Development Corp.		1,868
	10,000	New Era Electronics Co. Ltd.		13,631
	28,949	Nichidenbo Corp.		26,372
	67,267	Nien Hsing Textile Co. Ltd.		66,717
	11,000	Nishoku Technology, Inc.		18,153
	72,000	Novatek Microelectronics Corp.		288,737
	34,000	Ocean Plastics Co. Ltd.(b)		41,185
	220,000	OptoTech Corp.		106,015
	212,000	Orient Semiconductor Electronics Ltd.(b)		45,552
	133,500	Oriental Union Chemical Corp.		133,070
	610,000	Pacific Hospital Supply Co. Ltd.(d)		1,769,750
	165,453	Pan Jit International, Inc.(b)		77,272
	53,616	Pan-International Industrial Corp.		40,879
	5,000	Parade Technologies Ltd.		35,647
	4,242	Paragon Technologies Co. Ltd.		9,241
	11,000	PChome Online, Inc.		76,062
	412,000	Pegatron Corp.		541,899
	98,746	Phihong Technology Co. Ltd.		63,066
	16,000	Phison Electronics Corp.		100,338
	18,890	Phytohealth Corp.(b)		23,474
	14,000	Pihsiang Machinery Manufacturing Co. Ltd.(b)		13,793
	30,000	Pixart Imaging, Inc.		50,301
	21,000	Portwell, Inc.		21,452
	309,715	Pou Chen Corp.		429,343
	13,000	Powertech Industrial Co. Ltd.		9,697
	422,200	Powertech Technology, Inc.		584,579
	6,000	Poya Co. Ltd.		37,726
	603,807	President Securities Corp.		350,755
	13,650	Prime Electronics Satellitics, Inc.		10,362

Shares			Value
TAIWAN (continued)
	369,721	Prince Housing & Development Corp.	$	194,638
	121,000	Prodisc Technology, Inc.(b)(c)(d)		0
	26,000	Promate Electronic Co. Ltd.		29,177
	34,000	Promise Technology, Inc.		48,816
	781,520	Qisda Corp.(b)		208,423
	95,000	Quanta Storage, Inc.		117,741
	151,084	Quintain Steel Co. Ltd.(b)		35,356
	152,008	Radiant Opto-Electronics Corp.		662,268
	389,335	Radium Life Tech Co. Ltd.		298,129
	10,000	Ralec Electronic Corp.		17,460
	75,825	Realtek Semiconductor Corp.		207,723
	88,128	Rechi Precision Co. Ltd.		92,498
	29,348	Rexon Industrial Corp. Ltd.(b)		11,091
	163,616	Rich Development Co. Ltd.		70,744
	18,370	Richtek Technology Corp.		95,496
	1,186,398	Ritek Corp.(b)		202,057
	80,000	Ruentex Development Co. Ltd.		141,002
	223,781	Ruentex Industries Ltd.		539,925
	218,335	Sampo Corp.		83,594
	32,574	San Fang Chemical Industry Co. Ltd.		31,985
	447,080	Sanyang Industrial Co. Ltd.		691,334
	17,680	ScinoPharm Taiwan Ltd.		49,601
	25,000	SDI Corp.		34,244
	16,000	Senao International Co. Ltd.		46,895
	37,000	Sercomm Corp.		67,778
	21,000	Sesoda Corp.		21,972
	33,000	Sheng Yu Steel Co. Ltd.		25,868
	16,360	ShenMao Technology, Inc.		20,330
	70,000	Shih Wei Navigation Co. Ltd.		48,057
	119,000	Shihlin Electric & Engineering Corp.		148,468
	23,000	Shihlin Paper Corp.(b)		35,755
	5,614,425	Shin Kong Financial Holding Co. Ltd.		1,880,895
	85,000	Shin Kong No.1 REIT		38,997
	30,000	Shin Zu Shing Co. Ltd.		73,273
	75,985	Shining Building Business Co. Ltd.(b)		63,451
	119,000	Shinkong Insurance Co. Ltd.		94,265
	593,314	Shinkong Synthetic Fibers Corp.		194,850
	79,000	Shinkong Textile Co. Ltd.		102,865
	76,000	Shuttle, Inc.		34,993
	173,000	Sigurd Microelectronics Corp.		163,593
	268,000	Silicon Integrated Systems Corp.(b)		79,168
	32,122	Silitech Technology Corp.		39,599
	45,000	Simplo Technology Co. Ltd.		206,453
	85,000	Sinbon Electronics Co. Ltd.		105,768
	140,170	Sincere Navigation Corp.		126,996
	23,000	Singatron Enterprise Co. Ltd.		10,780
	126,000	Sino-American Silicon Products, Inc.(b)		230,811
	107,000	Sinon Corp.		57,742

Shares				Value
TAIWAN (continued)
	13,486	Sinphar Pharmaceutical Co. Ltd.	$	21,299
	50,158	Sinyi Realty Co.		85,425
	14,000	Sirtec International Co. Ltd.		26,847
	20,000	Sitronix Technology Corp.		34,326
	97,000	Siward Crystal Technology Co. Ltd.(b)		49,945
	23,000	Soft-World International Corp.		54,962
	54,000	Solar Applied Materials Technology Co.		48,123
	43,000	Solartech Energy Corp.(b)		35,198
	48,500	Solomon Technology Corp.		22,491
	93,000	Solytech Enterprise Corp.(b)		36,374
	15,000	Sonix Technology Co. Ltd.		24,259
	132,000	Southeast Cement Co. Ltd.		73,412
	8,000	St Shine Optical Co. Ltd.		207,278
	8,560	Standard Chemical & Pharmaceutical Co. Ltd.		11,895
	88,142	Standard Foods Corp.		258,338
	33,000	Stark Technology, Inc.		34,528
	22,000	Sunonwealth Electric Machine Industry Co. Ltd.		15,539
	101,399	Sunplus Technology Co. Ltd.(b).		39,659
	43,000	Sunrex Technology Corp.		17,244
	24,000	Sunspring Metal Corp.		63,292
	80,127	Supreme Electronics Co. Ltd.		39,935
	85,659	Sweeten Construction Co. Ltd.		56,404
	15,000	Syncmold Enterprise Corp.		26,141
	157,000	Synnex Technology International Corp.		266,351
	145,322	TA Chen Stainless Pipe Co. Ltd.		67,391
	670,254	TA Chong Bank Ltd.(b)		233,392
	253,340	Ta Ya Electric Wire & Cable		58,950
	70,000	Tah Hsin Industrial Corp.		67,349
	42,041	TA-I Technology Co. Ltd.		22,410
	602,991	Taichung Commercial Bank		216,935
	11,000	Taiflex Scientific Co. Ltd.		20,368
	78,000	Tainan Enterprises Co. Ltd.		78,264
	922,672	Tainan Spinning Co. Ltd.		621,256
	2,051,486	Taishin Financial Holding Co. Ltd.		971,659
	71,716	Taisun Enterprise Co. Ltd.(b)		30,890
	168,924	Taita Chemical Co. Ltd.(b)		65,512
	12,000	Taiwan Acceptance Corp.		29,705
	2,602,191	Taiwan Business Bank(b)		772,992
	137,088	Taiwan Cogeneration Corp.		82,576
	6,000	Taiwan FamilyMart Co. Ltd.		35,845
	127,000	Taiwan Fertilizer Co. Ltd.		265,339
	103,320	Taiwan Fire & Marine Insurance Co.		84,061
	65,000	Taiwan FU Hsing Industrial Co. Ltd.		68,760
	324,223	Taiwan Glass Industrial Corp.		317,294
	59,468	Taiwan Hon Chuan Enterprise Co. Ltd.		124,834
	50,000	Taiwan Hopax Chemicals Manufacturing Co. Ltd.		31,191

Shares			Value
TAIWAN (continued)
	217,734	Taiwan Land Development Corp.(b)	$	81,208
	141,114	Taiwan Life Insurance Co. Ltd.(b)		130,879
	11,000	Taiwan Line Tek Electronic		11,945
	92,150	Taiwan Mask Corp.		29,837
	82,544	Taiwan Navigation Co. Ltd.		67,566
	190,032	Taiwan Paiho Ltd.		197,261
	121,000	Taiwan PCB Techvest Co. Ltd.		138,383
	22,000	Taiwan Prosperity Chemical Corp.		19,969
	95,120	Taiwan Pulp & Paper Corp.(b)		39,715
	18,360	Taiwan Sakura Corp.		11,665
	17,850	Taiwan Sanyo Electric Co. Ltd.		24,155
	86,117	Taiwan Secom Co. Ltd.		218,011
	105,000	Taiwan Semiconductor Co. Ltd.		101,543
	101,000	Taiwan Sogo Shin Kong Security Co. Ltd.		131,011
	81,429	Taiwan Styrene Monomer(b)		58,859
	95,250	Taiwan Surface Mounting Technology Co. Ltd.		140,843
	175,469	Taiwan TEA Corp.(b)		158,978
	71,000	Taiwan Union Technology Corp.		65,030
	68,322	Taiyen Biotech Co. Ltd.		63,367
	212,000	Tatung Co. Ltd.(b)		60,526
	1,553,000	Teco Electric and Machinery Co. Ltd.		1,694,089
	10,000	Tecom Co. Ltd.(b)		1,023
	10,000	Tekcore Co. Ltd.(b)		5,149
	13,000	Ten Ren Tea Co. Ltd.		20,124
	31,000	Test Research, Inc.		46,095
	41,000	ThaiLin Semiconductor Corp.		29,230
	17,000	Thinking Electronic Industrial Co. Ltd.		22,949
	60,525	Thye Ming Industrial Co, Ltd.		68,621
	48,000	T-Mac Techvest PCB Co. Ltd.		32,636
	359,100	Ton Yi Industrial Corp.		355,574
	23,000	Tong Hsing Electronic Industries Ltd.		118,046
	67,834	Tong Yang Industry Co. Ltd.		92,020
	79,694	Tong-Tai Machine & Tool Co. Ltd.		78,648
	73,370	Topco Scientific Co. Ltd.		137,066
	68,049	Topoint Technology Co. Ltd.		46,493
	13,000	Toung Loong Textile Manufacturing Co.		41,192
	56,000	Transasia Airways Corp.		23,566
	28,137	Transcend Information, Inc.		83,768
	66,122	Tripod Technology Corp.		120,470
	27,988	Tsann Kuen Enterprise Co. Ltd.		39,722
	104,802	TSRC Corp.		148,914
	22,000	TTET Union Corp.		44,512
	14,157	TTY Biopharm Co. Ltd.		42,054
	560,315	Tung Ho Steel Enterprise Corp.		484,537
	137,815	TXC Corp.		158,978

Shares			Value
TAIWAN (continued)
	25,000	TYC Brother Industrial Co. Ltd.(b)	$	13,244
	251,303	Tycoons Group Enterprise(b)		47,611
	104,253	Tyntek Corp.(b)		30,384
	27,734	TZE Shin International Co. Ltd.		9,932
	43,000	U-Ming Marine Transport Corp.		71,389
	812,288	Unimicron Technology Corp.		622,001
	368,576	Union Bank of Taiwan(b)		133,818
	30,769	Union Insurance Co. Ltd.(b)		22,139
	285,037	Unitech Printed Circuit Board Corp.(b)		111,954
	74,000	United Integrated Services Co. Ltd.		94,767
	283,000	Universal Cement Corp.		268,078
	53,416	Unizyx Holding Corp.(b)		32,793
	268,922	UPC Technology Corp.		124,708
	253,337	USI Corp.		177,267
	9,000	U-Tech Media Corp.(b)		2,008
	129,000	Vanguard International Semiconductor Corp.		142,636
	56,800	Ve Wong Corp.		46,119
	16,000	Visual Photonics Epitaxy Co. Ltd.		14,945
	9,000	Vivotek, Inc.		51,539
	83,000	Wafer Works Corp.(b)		44,517
	117,000	Wah Lee Industrial Corp.		184,010
	1,087,000	Walsin Lihwa Corp.(b)		337,966
	235,947	Walsin Technology Corp.(b)		66,585
	185,000	Walton Advanced Engineering, Inc.(b)		63,198
	262,300	Wan Hai Lines Ltd.		127,698
	924,801	Waterland Financial Holdings Co. Ltd.		304,324
	114,000	Wei Chuan Foods Corp.		180,797
	125,321	Wei Mon Industry Co. Ltd(b)		41,984
	65,100	Weikeng Industrial Co. Ltd.		50,817
	15,606	Well Shin Technology Co. Ltd.		24,930
	45,000	Weltrend Semiconductor, Inc.		40,696
	264,000	Win Semiconductors Corp.		230,910
	1,667,977	Winbond Electronics Corp.(b)		407,394
	1,080,673	Wintek Corp.(b)		360,254
	74,000	Wisdom Marine Lines Co. Ltd.		84,020
	1,403,402	Wistron Corp.		1,162,650
	63,928	Wistron NeWeb Corp.		163,737
	575,865	WPG Holdings Co. Ltd.		670,948
	110,348	WT Microelectronics Co. Ltd.		134,760
	46,000	WUS Printed Circuit Co. Ltd.		21,560
	12,000	Xxentria Technology Materials Corp.		25,943
	595,300	Yageo Corp.		245,606
	1,163,600	Yang Ming Marine Transport Corp.(b)		505,036
	95,144	YC Co. Ltd.		71,285
	211,077	YC INOX Co. Ltd.		153,270
	26,995	YeaShin International Development Co. Ltd.		20,493
	524,624	YFY, Inc.		251,944

Shares			Value
TAIWAN (continued)
	81,159	Yi Jinn Industrial Co. Ltd.(b)	$	20,894
	365,596	Yieh Phui Enterprise Co. Ltd.(b)		117,773
	63,000	Young Fast Optoelectronics Co. Ltd.		63,005
	17,000	Youngtek Electronics Corp.		36,135
	352,000	Yulon Motor Co. Ltd.		605,304
	29,000	Yung Chi Paint & Varnish Manufacturing Co. Ltd.		72,362
	61,000	YungShin Global Holding Corp.		112,346
	130,000	Yungtay Engineering Co. Ltd.		356,564
	4,000	Zeng Hsing Industrial Co. Ltd.		20,728
	92,000	Zenitron Corp.		59,061
	55,000	Zhen Ding Technology Holding Ltd.		137,421
	196,826	Zig Sheng Industrial Co. Ltd.(b) .		65,289
	50,169	Zinwell Corp.		62,923
	4,000	Zippy Technology Corp.		5,901
				81,154,484
THAILAND — 0.3%
	272,500	Amata Corp. Public Co. Ltd. - FOR		102,363
	413,880	AP Thailand Public Co. Ltd. - FOR		54,415
	179,700	AP Thailand Public Co. Ltd. - NVDR		23,626
	369,200	Asia Plus Securities Public Co. Ltd. - FOR		37,356
	404,300	Bangchak Petroleum Public Co. Ltd. (The) - FOR		327,629
	6,500	Bangkok Aviation Fuel Services Public Co. Ltd. - FOR		5,070
	13,235,850	Bangkok Chain Hospital Public Co. Ltd. - FOR(d)		2,305,548
	2,302,500	Bangkok Expressway Public Co. Ltd. - FOR		2,232,051
	22,000	Bangkok Insurance Public Co. Ltd. - FOR(d)		249,924
	1,742,100	Bangkok Land Public Co. Ltd. - FOR		75,468
	358,000	Banpu Public Co. Ltd - FOR		287,398
	70,600	Berli Jucker Public Co. Ltd. - FOR		96,778
	1,400	Big C Supercenter Public Co. Ltd. - FOR		7,422
	62,700	Bumrungrad Hospital Public Co. Ltd. - FOR		159,552
	1,158,900	Cal-Comp Electronics Thailand Public Co. Ltd. - FOR		99,705
	211,000	Central Plaza Hotel Public Co. Ltd. - FOR		174,182
	252,900	CH Karnchang Public Co. Ltd. - FOR		110,323
	29,800	Charoong Thai Wire & Cable Public Co. Ltd. - FOR		7,854

Shares			Value
THAILAND (continued)
	307,400	Delta Electronics Thailand Public Co. Ltd. - FOR	$	493,553
	31,200	Dynasty Ceramic Public Co. Ltd. - FOR		45,841
	6,497,000	Eastern Water Resources Development and Management Public Co. Ltd. - FOR(d)		2,361,830
	40,000	Electricity Generating Public Co. Ltd. - FOR		154,499
	207,300	Esso Thailand Public Co. Ltd. - FOR		35,168
	12,801,000	G J Steel Public Co. Ltd. - FOR(b)		19,390
	1,289,700	G Steel Public Co. Ltd. - FOR(b)		3,126
	143,500	GFPT Public Co. Ltd. - FOR(b)		57,383
	116,000	Glow Energy Public Co. Ltd. - FOR		237,201
	233,500	Hana Microelectronics Public Co. Ltd. - FOR		175,426
	1,398,600	Hemaraj Land and Development Public Co. Ltd. - FOR		116,091
	1,121,926	Home Product Center Public Co. Ltd. - FOR		290,593
	63,100	ICC International Public Co. Ltd. - FOR(d)		72,639
	2,393,600	IRPC Public Co. Ltd. - FOR		226,235
	769,691	Italian-Thai Development Public Co. Ltd. - FOR(b)		81,609
	930,500	Jasmine International Public Co. Ltd. - FOR		198,728
	240,600	KGI Securities Thailand Public Co. Ltd. - FOR		21,137
	155,100	Khon Kaen Sugar Industry Public Co. Ltd.		55,913
	150,800	Kiatnakin Bank Public Co. Ltd. - FOR		170,170
	225,100	Land and Houses Public Co. Ltd. - FOR		58,645
	452,800	Land and Houses Public Co. Ltd. - NVDR		117,967
	21,900	Lanna Resources Public Co. Ltd. - FOR		7,364
	420,630	Loxley Public Co. Ltd. - FOR		43,834
	150,900	LPN Development Public Co. Ltd. - FOR		66,742
	85,600	Major Cineplex Group Public Co. Ltd. - FOR		43,306
	36,900	MBK Public Co. Ltd. - FOR(d)		144,761
	71,100	MCOT Public Co. Ltd. - FOR		61,386
	34,000	Mermaid Maritime Public Co. Ltd.		12,516
	143,770	Minor International Public Co. Ltd. - FOR		90,591
	160,800	Polyplex Public Co. Ltd. - FOR		42,867

Shares			Value
THAILAND (continued)
	240,500	Precious Shipping Public Co. Ltd. - FOR	$	145,713
	386,800	Pruksa Real Estate Public Co. Ltd. - FOR		206,231
	805,141	Quality Houses Public Co. Ltd. - FOR		62,441
	118,700	Ratchaburi Electricity Generating Holding Public Co. Ltd. - FOR		171,703
	34,100	Regional Container Lines Public Co. Ltd. - FOR(b)		6,043
	129,100	Robinson Department Store Public Co. Ltd. - FOR		174,037
	28,500	Rojana Industrial Park Public Co. Ltd. - FOR		5,828
	69,300	Saha-Union Public Co. Ltd. - FOR		73,478
	140,200	Samart Corp. Public Co. Ltd. - FOR		62,009
	35,700	Samart Telcoms Public Co. Ltd. - FOR		14,059
	1,921,500	Sansiri Public Co. Ltd. - FOR		105,359
	947,812	SC Asset Corp Public Co. Ltd. - FOR		85,564
	15,100	Siam City Cement Public Co. Ltd. - FOR		162,390
	41,512	Siam Future Development Public Co. Ltd. - FOR		6,791
	99,500	Sino-Thai Engineering & Construction Public Co. Ltd. - FOR		39,788
	44,000	SNC Former Public Co. Ltd. - FOR		20,127
	92,817	Somboon Advance Technology Public Co. Ltd. - FOR		43,301
	119,100	Sri Trang Agro-Industry Public Co. Ltd. - FOR		44,378
	128,500	STP & I Public Co. Ltd. - FOR		67,734
	263,800	Supalai Public Co. Ltd. - FOR		127,864
	1,330,700	Tata Steel Thailand Public Co. Ltd. - FOR(b)		29,025
	474,800	Thai Airways International Public Co. Ltd. - FOR		202,808
	22,200	Thai Carbon Black Public Co. Ltd. - FOR(b)		14,527
	15,000	Thai Central Chemical Public Co. Ltd. - FOR		13,178
	18,000	Thai Oil Public Co. Ltd. - FOR		28,764
	18,200	Thai Stanley Electric Public Co. Ltd. - FOR		117,988
	33,400	Thai Tap Water Supply Public Co. Ltd. - FOR		9,764
	200,718	Thai Union Frozen Products Public Co. Ltd. - FOR		424,116
	86,300	Thai Vegetable Oil Public Co. Ltd. - FOR		50,979
	204,400	Thaicom Public Co. Ltd. - FOR		233,750

Shares			Value
THAILAND (continued)
	425,100	Thanachart Capital Public Co. Ltd. - FOR	$	399,215
	32,700	Thitikorn Public Co. Ltd. - FOR		8,915
	268,464	Thoresen Thai Agencies Public Co. Ltd. - FOR(b)		141,511
	5,033,137	Ticon Industrial Connection Public Co. Ltd. - FOR		2,363,333
	18,500	Tipco Asphalt Public Co. Ltd. - FOR		25,780
	195,000	Tisco Financial Group Public Co. Ltd. - FOR		218,570
	5,285,900	TMB Bank Public Co. Ltd. - FOR		365,097
	130,200	Total Access Communication Public Co. Ltd. - FOR		377,663
	18,317	Toyo-Thai Corp. Public Co. Ltd. - FOR		17,895
	600,000	TPI Polene Public Co. Ltd. - FOR		190,851
	256,900	Vinythai Public Co. Ltd. - FOR		83,273
				18,805,015
TURKEY — 0.1%
	13,325	Adana Cimento Sanayii T.A.S. - Class A		19,923
	2,248	Adese Alisveris Merkezleri Ticaret AS(b)		15,513
	13,070	Akcansa Cimento AS		65,912
	54,299	Akenerji Elektrik Uretim AS - Placement Shares(b)		24,020
	13,189	Akfen Holding AS		23,921
	325	Akmerkez Gayrimenkul Yatirim Ortakligi AS REIT		2,360
	61,656	Aksa Akrilik Kimya Sanayii		204,010
	73,605	Aksigorta AS		95,726
	20,024	Alarko Holding AS		41,277
	84,627	Albaraka Turk Katilim Bankasi AS(b)		53,533
	8,542	Altinyildiz Mensucat ve Konfeksiyon Fabrikalari AS(b)		180,997
	92,536	Anadolu Anonim Tuerk Sigorta Sirketi(b)		56,080
	9,287	Anadolu Cam Sanayii AS		6,984
	36,333	Anadolu Hayat Emeklilik AS		80,362
	42,132	Arcelik AS		207,808
	12,441	Aselsan Elektronik Sanayi Ve Ticaret AS		42,927
	356,187	Asya Katilim Bankasi AS(b)		170,168
	46,890	Aygaz AS		157,641
	679	Bagfas Bandirma Gubre Fabrik		9,852
	846	Baticim Bati Anadolu Cimento Sanayii AS(b)		2,110
	12,360	Borusan Mannesmann Boru Sanayi ve Ticaret AS		26,518
	21,074	Brisa Bridgestone Sabanci Sanayi ve Ticaret AS		46,612
	16,881	Bursa Cimento Fabrikasi AS		30,318

Shares			Value
TURKEY (continued)
	0	Celebi Hava Servisi AS	$	2
	29,087	Cimsa Cimento Sanayi ve Ticaret AS		147,326
	21,156	Deva Holding AS(b)		15,722
	259,431	Dogan Sirketler Grubu Holdings AS(b)		80,333
	207,143	Dogan Yayin Holding AS(b)		47,649
	55,895	Dogus Otomotiv Servis ve Ticaret AS		160,223
	13,370	Eczacibasi Yatirim Holding Ortakligi AS		29,099
	24,801	EGE Seramik Sanayi ve Ticaret AS		26,879
	144,670	EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS		136,312
	129,224	Emlak Konut Gayrimenkul Yatirim Ortakligi AS REIT		122,902
	475,611	Eregli Demir ve Celik Fabrikalari TAS		570,161
	17,827	Ford Otomotiv Sanayi AS		155,748
	66,324	Gentas Genel Metal Sanayi ve Ticaret AS		34,620
	67,762	Global Yatirim Holding AS		37,469
	2,148	Goltas Goller Bolgesi Cimento Sanayi ve Ticaret AS		42,949
	1,774	Goodyear Lastikleri TAS		39,473
	15,728	Gozde Girisim Sermayesi Yatirim Ortakligi AS(b)		32,004
	74,533	GSD Holding AS(b)		29,014
	21,044	Gubre Fabrikalari TAS(b)		30,627
	1	Hurriyet Gazetecilik AS(b)		0
	111,480	Ihlas Holding AS(b)		17,753
	51,657	Ipek Dogal Enerji Kaynaklari Ve Uretim AS(b)		51,872
	39,541	IS Finansal Kiralama AS(b)		15,917
	9,908	IS Yatirim Menkul Degerler AS		5,084
	25,002	Izmir Demir Celik Sanayi AS(b)		22,120
	28,550	Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS - Class A(b)		24,375
	24,485	Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS - Class B(b)		43,216
	187,769	Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS - Class D(b)		80,570
	100,082	Karsan Otomotiv Sanayii Ve Ticaret AS(b)		37,631
	428	Kartonsan Karton Sanayi ve Ticaret AS		42,071
	496	Konya Cimento Sanayii AS		52,439
	57,679	Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS		74,759
	9,480	Koza Altin Isletmeleri AS		80,726
	36,000	Koza Anadolu Metal Madencilik Isletmeleri AS(b)		34,716

Shares			Value
TURKEY (continued)
	18,103	Mardin Cimento Sanayii ve Ticaret AS	$	33,553
	71,042	Menderes Tekstil Sanayi ve Ticaret AS(b)		12,570
	13,216	Metro Ticari ve Mali Yatirimlar Holding AS(b)		3,566
	4,419	Migros Ticaret AS(b)		28,540
	4,289	Netas Telekomunikasyon AS		9,392
	2,613	Nuh Cimento Sanayi AS		10,426
	5,026	Otokar Otomotiv Ve Savunma Sanayi AS		107,163
	25,909	Park Elektrik Uretim Madencilik Sanayi ve Ticaret AS(b)		55,357
	113,035	Petkim Petrokimya Holding AS(b)		126,506
	133	Pinar Entegre Et ve Un Sanayi AS		475
	7,882	Pinar SUT Mamulleri Sanayii AS		61,017
	82,244	Sarkuysan Elektrolitik Bakir Sanayi ve Ticaret AS		106,598
	84,071	Sasa Polyester Sanayi(b)		39,421
	166,410	Sekerbank TAS(b)		148,698
	131,825	Selcuk Ecza Deposu Ticaret ve Sanayi AS		104,966
	37,937	Soda Sanayii AS		46,821
	9,473	Tat Gida Sanayi AS(b)		9,848
	17,779	TAV Havalimanlari Holding AS		133,307
	5,679	Teknosa Ic Ve Dis Ticaret AS(b)		29,267
	62,692	Tekstil Bankasi AS(b)		28,287
	31,036	Tofas Turk Otomobil Fabrikasi AS		145,529
	9,410	Torunlar Gayrimenkul Yatirim Ortakligi AS REIT		11,197
	161,759	Trakya Cam Sanayii AS		149,551
	44,783	Turcas Petrol AS		45,365
	207,439	Turk Hava Yollari		618,481
	1,592	Turk Traktor ve Ziraat Makineleri AS		36,620
	448,792	Turkiye Sinai Kalkinma Bankasi AS		337,498
	362,888	Turkiye Sise ve Cam Fabrikalari AS		401,318
	61,668	Ulker Biskuvi Sanayi AS		379,184
	16,077	Vestel Beyaz Esya Sanayi ve Ticaret AS(b)		21,833
	55,650	Vestel Elektonik Sanayi ve Ticaret AS(b)		34,464
	0	Yapi Kredi Sigorta AS(b)		1
	34,098	Zorlu Enerji Elektrik Uretim AS(b)		14,330
				7,177,482
UNITED ARAB EMIRATES — 0.0%
	121,294	Al Noor Hospitals Group Plc(b)		1,676,913
	92,980	Dragon Oil Plc(b)(d)		884,091
	138,428	Lamprell Plc(b)		325,982
				2,886,986

Shares			Value
UNITED KINGDOM — 8.1%
	929	4imprint Group Plc	$	11,049
	278,982	Aberdeen Asset Management Plc		1,792,280
	7,449	Acal Plc		40,655
	35,783	Admiral Group Plc		850,002
	699,021	Afren Plc(b)		1,707,592
	4,696	Aga Rangemaster Group Plc(b)		12,583
	19,452	Aggreko Plc		494,366
	172,698	Alent Plc		890,588
	148,020	AMEC Plc		2,506,298
	225,854	Amlin Plc		1,552,698
	40,996	Anglo Pacific Group Plc		124,341
	3,737	Anglo-Eastern Plantations		40,899
	68,300	Anite Plc		102,454
	94,585	Ashmore Group Plc		505,959
	273,530	Ashtead Group Plc		3,550,032
	6,071	Avon Rubber Plc		65,370
	115,161	Babcock International Group Plc		2,631,451
	423,852	Balfour Beatty Plc		2,033,175
	22,893	BARR (A.G.) Plc		229,566
	585,612	Barratt Developments Plc		3,644,733
	142,558	BBA Aviation Plc		723,207
	78,149	Bellway Plc		1,996,409
	49,371	Berendsen Plc		750,739
	108,436	Berkeley Group Holdings Plc		4,611,530
	1,309	Betfair Group Plc		22,724
	16,127	Big Yellow Group Plc REIT		137,328
	7,438	Bloomsbury Publishing Plc		21,092
	1,274,756	Bodycote Plc(d)		13,600,250
	104,197	Booker Group Plc		265,156
	11,496	Boot (Henry) Plc		40,915
	83,542	Bovis Homes Group Plc		1,130,264
	5,675	Braemar Shipping Services Plc		46,972
	9,901	Brammer Plc		74,505
	81,352	Brewin Dolphin Holdings Plc		408,425
	69,934	British Land Co. Plc REIT		754,742
	3,462	British Polythene Industries Plc		35,001
	23,921	Britvic Plc		272,513
	71,760	BTG Plc(b)		698,950
	150,395	Bunzl Plc		3,431,611
	27,639	Burberry Group Plc		657,909
	76,492	Cable & Wireless Communications Plc		67,211
	11	Camellia Plc		1,618
	107,175	Capita Plc		1,732,778
	74,940	Capital & Counties Properties Plc		438,200
	91,052	Capital & Regional Plc		71,098
	11,197	Carclo Plc		30,325
	349,116	Carillion Plc		1,957,038
	3,699	Charles Stanley Group Plc		30,434
	3,384	Charles Taylor Plc		15,966
	42,704	Chemring Group Plc		169,360
	48,647	Chesnara Plc		275,899
	23,254	Chime Communications Plc		132,744

Shares			Value
UNITED KINGDOM (continued)
	48,468	Cineworld Group Plc	$	282,055
	4,407	Clarkson Plc		145,255
	61,525	Close Brothers Group Plc		1,341,128
	416,494	Cobham Plc		2,010,888
	170,165	Colt Group SA(b)		353,864
	27,870	Communisis Plc		31,842
	57,481	Computacenter Plc		609,952
	23,566	Concentric AB		249,099
	6,595	Consort Medical Plc		115,571
	5,190	Costain Group Plc		25,020
	16,173	Cranswick Plc		351,211
	4,000	Creston Plc		6,197
	657,578	Croda International Plc(d)		26,073,523
	73,400	CSR Plc		798,180
	102,197	Daily Mail & General Trust Plc - Class A		1,615,335
	54,059	Dairy Crest Group Plc		461,223
	26,485	Darty Plc		57,471
	965,223	De La Rue Plc(d)		12,392,354
	679,815	Debenhams Plc		827,544
	10,051	Dechra Pharmaceuticals Plc		115,908
	31,032	Derwent London Plc REIT		1,270,235
	29,907	Development Securities Plc		120,452
	89,965	Devro Plc		457,878
	4,817	Dignity Plc		118,384
	1,077,480	Diploma Plc(d)		12,310,315
	1,041,571	Dixons Retail Plc(b)		747,392
	1,038,544	Domino Printing Sciences Plc(d)		13,589,801
	42,149	Domino’s Pizza Group Plc		366,191
	295,471	Drax Group Plc		3,946,511
	220,717	DS Smith Plc		1,191,918
	6,273	Dunelm Group Plc		95,130
	25,606	E2V Technologies Plc		65,666
	79,189	easyJet Plc		2,140,138
	230,794	Electrocomponents Plc		1,007,692
	229,079	Elementis Plc		963,675
	440,335	EnQuest Plc(b)		937,407
	1,570,000	Ensco Plc - Class A		79,080,900
	367,016	Enterprise Inns Plc(b)		971,373
	97,005	Essentra Plc		1,322,774
	8,205	Euromoney Institutional Investor Plc		178,853
	304,900	F&C Asset Management Plc		623,022
	1,149,406	Fenner Plc(d)		7,765,875
	9,707	Fidessa Group Plc		369,093
	792	Findel Plc(b)		3,785
	220,251	Firstgroup Plc(b)		482,278
	3,248	Fuller Smith & Turner - Class A		51,699
	539,467	G4S Plc		2,117,748
	28,463	Galliford Try Plc		548,850
	5,558	Games Workshop Group Plc		47,466
	36,597	Gem Diamonds Ltd.(b)		95,507
	24,405	Genus Plc		527,168
	1,111,091	GKN Plc		7,201,974
	14,268	Go-Ahead Group Plc		463,708

Shares			Value
UNITED KINGDOM (continued)
	38,840	Great Portland Estates Plc REIT	$	385,967
	727,541	Greene King Plc(d)		10,255,734
	42,366	Greggs Plc		352,058
	89,848	Halfords Group Plc		677,209
	1,057,069	Halma Plc(d)		10,400,222
	84,204	Hammerson Plc REIT		727,412
	75,006	Hansteen Holdings Plc REIT		130,700
	78,688	Hargreaves Lansdown Plc		1,922,217
	172,665	Hays Plc		376,945
	7,436	Headlam Group Plc		56,720
	45,677	Helical Bar Plc		260,369
	1,090,844	HellermannTyton Group Plc(d)		5,325,915
	359,922	Henderson Group Plc		1,301,686
	71,298	Hikma Pharmaceuticals Plc		1,407,653
	38,157	Hill & Smith Holdings Plc		340,290
	337	Hilton Food Group Plc		2,548
	26,318	Hochschild Mining Plc		66,086
	5,026	Hogg Robinson Group Plc		7,095
	454,892	Home Retail Group Plc		1,340,799
	113,342	Homeserve Plc		610,393
	211,194	Howden Joinery Group Plc		1,192,222
	62,365	Hunting Plc		772,501
	11,841	Huntsworth Plc		13,723
	3,454	Hyder Consulting Plc		36,794
	273,898	ICAP Plc		1,740,257
	57,705	IG Group Holdings Plc		594,305
	14,815	Imagination Technologies Group Plc(b)		42,011
	102,510	IMI Plc		2,522,686
	323,638	Inchcape Plc		3,112,365
	66,979	Inmarsat Plc		771,298
	497,362	Innovation Group Plc(b)		273,900
	82,005	InterContinental Hotels Group Plc		2,655,716
	27,869	International Consolidated Airlines Group(b)		190,906
	944,593	Interserve Plc(d)		9,472,174
	41,164	Intertek Group Plc		1,916,399
	50,849	Intu Properties Plc REIT		263,812
	236,494	Investec Plc		1,523,987
	70,424	IP Group Plc(b)		203,292
	34,252	ITE Group Plc		153,830
	103,565	Ithaca Energy, Inc.(b)		236,189
	1,283,644	ITV Plc		4,146,506
	50,439	J D Wetherspoon Plc		660,431
	8,667	James Fisher & Sons Plc		198,470
	28,273	Jardine Lloyd Thompson Group Plc		491,737
	63,090	Jazztel Plc(b)		776,106
	7,378	JD Sports Fashion Plc		195,757
	6,182	John Menzies Plc		69,614
	243,164	John Wood Group Plc		2,570,309
	41,414	Johnson Matthey Plc		2,199,679
	84,713	Johnston Press Plc(b)		33,422
	35,089	Jupiter Fund Management Plc		215,618
	172,730	Kcom Group Plc		280,401

Shares			Value
UNITED KINGDOM (continued)
	26,714	Keller Group Plc	$	519,955
	13,679	Kier Group Plc		422,978
	51,645	Kofax Ltd.(b)		377,589
	98,592	Ladbrokes Plc		242,303
	2,236,049	Laird Plc(d)		11,906,042
	122,471	Lancashire Holdings Ltd.		1,518,028
	21,262	Lavendon Group Plc		68,769
	79,575	London Stock Exchange Group Plc		2,406,964
	67,669	Londonmetric Property Plc REIT		153,290
	60,992	Lonmin Plc(b)		307,913
	52,118	Lookers Plc		108,381
	35,957	Low & Bonar Plc		51,130
	1,283	LSL Property Services Plc		9,380
	236,593	Man Strategic Holdings Plc(b)		317,760
	6,088	Management Consulting Group Plc		2,602
	43,460	Marshalls Plc		126,277
	402,517	Marston’s Plc		992,546
	48,299	McBride Plc		80,987
	1,244	McKay Securities Plc REIT		3,886
	28,145	Mears Group Plc		221,622
	303,083	Meggitt Plc		2,568,416
	98,125	Michael Page International Plc		718,141
	1,648	Micro Focus International Plc		20,319
	71,806	Millennium & Copthorne Hotels Plc		668,117
	91,655	Mitchells & Butlers Plc(b)		677,721
	165,675	Mitie Group Plc		868,806
	231,628	Mondi Plc		3,514,535
	112,692	Moneysupermarket.com Group Plc		330,308
	153,617	Morgan Advanced Materials Plc		783,098
	15,010	Morgan Sindall Group Plc		196,906
	11,794	Mothercare Plc(b)		50,748
	80,593	N Brown Group Plc		716,091
	216,307	National Express Group Plc		1,037,247
	3,594	NCC Group Plc		11,816
	990,480	New Melrose Plc(b)		5,036,174
	8,437	Norcros Plc		3,051
	69,409	Northgate Plc		638,968
	23,821	Novae Group Plc		223,600
	7,224	Ocado Group Plc(b)		62,109
	6,950	Optos Plc(b)		22,622
	2,971	Oxford Instruments Plc		81,807
	129,075	Pace Plc		758,142
	4,880	PayPoint Plc		88,164
	149,749	Pendragon Plc		84,314
	114,551	Pennon Group Plc		1,295,575
	256,487	Persimmon Plc		5,536,116
	40,224	Petrofac Ltd.		763,734
	36,290	Photo-Me International Plc		83,818
	131,010	Premier Farnell Plc		468,424
	39,350	Premier Foods Plc(b)		92,665
	263,486	Premier Oil Plc		1,176,420

Shares			Value
UNITED KINGDOM (continued)
	279,236	Punch Taverns Plc(b)	$	66,560
	78,418	PZ Cussons Plc		466,014
	195,364	QinetiQ Group Plc		717,790
	102,443	Quintain Estates & Development Plc(b)		167,564
	4,954	Rathbone Brothers Plc		135,840
	139,415	Redrow Plc		744,849
	9,324	Renishaw Plc		288,927
	51,233	Renold Plc(b)		46,322
	171,499	Rentokil Initial Plc		339,722
	69,193	Restaurant Group Plc		696,127
	836,459	Rexam Plc		6,779,017
	9,385	Ricardo Plc		104,062
	30,878	Rightmove Plc		1,285,251
	5,585	RM Plc		10,547
	26,258	Robert Walters Plc		148,435
	530,259	Rotork Plc(d)		21,461,063
	76,966	RPC Group Plc		752,820
	136,419	RPS Group Plc		765,620
	1,549,834	RSA Insurance Group Plc		2,471,337
	627,144	Sage Group Plc (The)		4,209,415
	52,290	Salamander Energy Plc(b)		91,332
	45,100	Savills Plc		463,374
	101,874	Schroders Plc		4,131,499
	42,407	Schroders Plc - Non Voting		1,333,606
	24,967	SDL Plc		149,397
	71,325	Segro Plc REIT		395,253
	186,503	Senior Plc		915,484
	1,033,313	Serco Group Plc		7,424,852
	80,799	Severfield-Rowen Plc(b)		79,695
	85,981	Severn Trent Plc		2,441,012
	87,706	Shaftesbury Plc REIT		898,240
	298,622	Shanks Group Plc		571,904
	337,160	SIG Plc		1,087,452
	13,544	Smith & Nephew Plc		195,041
	64,917	Smiths Group Plc		1,534,590
	22,043	Smiths News Plc		77,002
	96,260	Soco International Plc		652,431
	361,372	Spectris Plc		13,199,993
	102,222	Speedy Hire Plc		108,388
	263,371	Spirax-Sarco Engineering Plc(d)		12,642,295
	207,268	Spirent Communications Plc		324,202
	213,939	Spirit Pub Co. Plc		293,665
	4,982	Sportech Plc(b)		7,494
	94,269	Sports Direct International Plc(b)		1,059,985
	15,644	St. Ives Plc		49,313
	101,309	St. James’s Place Plc		1,282,372
	86,519	St. Modwen Properties Plc		546,300
	140,523	Stagecoach Group Plc		840,398
	32,005	Sthree Plc		201,771
	7,742	Stolt-Nielsen Ltd.		228,161
	8,341	SuperGroup Plc(b)		211,572
	30,559	Synergy Health Plc		647,541
	48,112	Synthomer Plc		215,128
	235,743	Talktalk Telecom Group Plc		1,209,118

Shares			Value
UNITED KINGDOM (continued)
	214,060	Tate & Lyle Plc	$	2,665,590
	2,231,492	Taylor Wimpey Plc		4,115,886
	5,162	Ted Baker Plc		181,681
	38,081	Telecity Group Plc		447,599
	10,919	Telecom Plus Plc		341,583
	228,990	Thomas Cook Group Plc(b)		677,209
	3,226	Topps Tiles Plc		8,061
	8,024	Torotrak Plc(b)		2,787
	110,801	Travis Perkins Plc		3,167,513
	164,257	Trinity Mirror Plc(b)		480,639
	1,724,844	TT electronics Plc(d)		5,862,333
	129,758	TUI Travel Plc		907,417
	100,062	Tullett Prebon Plc		546,113
	12,271	UBM Plc		137,172
	970	UK Mail Group Plc		10,827
	392,344	Ultra Electronics Holdings Plc(d)		12,628,589
	19,240	Unite Group Plc		129,614
	219,347	United Utilities Group Plc		2,581,784
	2,716	UTV Media Plc		11,620
	197,460	Vectura Group Plc(b)		520,178
	199,220	Vesuvius Plc		1,465,879
	606,745	Victrex Plc(d)		17,774,158
	11,826	Vitec Group Plc (The)		128,601
	376	VP Plc		4,163
	81,025	Weir Group Plc (The)		2,789,143
	43,316	WH Smith Plc		742,690
	131,326	Whitbread Plc		8,097,909
	721,708	William Hill Plc		3,943,644
	15,003	Wilmington Group Plc		69,119
	21,070	Wincanton Plc(b)		49,358
	554,279	WM Morrison Supermarkets Plc		2,185,918
	79,245	Wolfson Microelectronics Plc(b)		175,866
	32,930	Workspace Group Plc REIT		293,945
	6,524	WS Atkins Plc		145,964
	14,163	Xaar Plc		258,436
	75,532	Xchanging Plc		221,328
				541,261,749
UNITED STATES — 42.4%
	1,050,000	Abercrombie & Fitch Co. - Class A		37,149,000
	599,000	Actuant Corp. - Class A		20,497,780
	56,000	ADT Corp. (The)		1,682,240
	1,579,407	Advance Auto Parts, Inc.(d)		181,331,718
	22,860	AgJunction, Inc.(b)		23,604
	139,047	Alacer Gold Corp.		293,388
	910,000	Albemarle Corp.		58,403,800
	126,000	Altera Corp.		4,212,180
	1,375,000	AmerisourceBergen Corp.		92,427,500
	21,000	AMETEK, Inc.		1,037,819
	100,000	Amtrust Financial Services, Inc.		3,228,000
	575,000	Approach Resources Inc.(b)		11,551,750
	157,000	Aptargroup, Inc.		10,016,600
	78,840	Argonaut Gold, Inc.(b)		355,355
	84,000	Arthur J Gallagher & Co.		3,883,320

Shares			Value
UNITED STATES (continued)
	208,700	B&G Foods, Inc.	$	6,839,099
	11,053	Bauer Performance Sports Ltd.(b)		129,708
	18,000	Beam, Inc.		1,499,399
	57,000	Bed Bath & Beyond, Inc.(b)		3,639,450
	130,000	Bio-Rad Laboratories, Inc. - Class A(b)		16,525,600
	8,000	Bizlink Holding, Inc.		33,534
	300,000	BJ’s Restaurants, Inc.(b)		8,508,000
	218,000	Blackbaud, Inc.		7,512,280
	26,100	BNK Petroleum, Inc.(b)		36,792
	286,262	Boart Longyear Ltd.		117,746
	400,000	Bottomline Technologies, Inc.(b)(d)		13,848,000
	350,000	Brady Corp. - Class A(d)		9,576,000
	190,000	Bryn Mawr Bank Corp.(d)		5,295,300
	300,000	Cardtronics, Inc.(b)		11,556,000
	2,441,200	CareFusion Corp.(b)		99,527,724
	200,000	Casey’s General Stores, Inc.		13,734,000
	373,000	Cepheid, Inc.(b)		19,716,780
	1,500	Chaparral Gold Corp.(b)		539
	17,000	Church & Dwight Co., Inc.		1,097,859
	328,000	CLARCOR, Inc.		18,177,760
	20,000	Clorox Co. (The)		1,765,400
	21,000	Commerce Bancshares, Inc.		912,869
	200,000	Community Bank System, Inc.		7,120,000
	11,500	Concho Resources, Inc.(b)		1,124,585
	29,000	CR Bard, Inc.		3,758,110
	2,510,000	Crown Holdings, Inc.(b)(d)		103,161,000
	586,000	CST Brands, Inc.		18,710,980
	50,000	Cullen/Frost Bankers, Inc.		3,701,000
	400,000	CVB Financial Corp.		5,968,000
	241,000	Denbury Resources, Inc.(b)		3,872,870
	52,000	Dover Corp.		4,501,120
	100,000	E2Open, Inc.(b)		2,395,000
	51,000	Edwards Lifesciences Corp.(b)		3,321,120
	200,000	Elizabeth Arden, Inc.(b)		5,424,000
	1,026,000	Energizer Holdings, Inc.(d)		96,957,000
	200,000	EnPro Industries, Inc.(b)		14,508,000
	179,000	Esterline Technologies Corp.(b)		18,428,050
	150,000	Flotek Industries, Inc.(b)		3,226,500
	1,500,000	Flowserve Corp.		108,495,000
	347,000	Forum Energy Technologies, Inc.(b)		8,716,640
	300,000	Fresh Market, Inc. (The)(b)		10,488,000
	1,660,000	Generac Holdings, Inc.(d)		79,895,800
	250,000	Genomic Health, Inc.(b)		7,530,000
	350,000	Globus Medical, Inc. - Class A(b)		8,190,000
	73,730	Golden Star Resources Ltd.(b)		45,016
	32,900	Guidewire Software, Inc.(b)		1,553,209
	275,000	Haemonetics Corp.(b)		10,419,750
	563,519	Henry Schein, Inc.(b)		64,742,698
	200,000	Hub Group, Inc. - Class A(b)		8,290,000
	860,500	Hubbell, Inc. - Class B(d)		100,446,165
	85,700	ICU Medical, Inc.(b)		5,528,507

Shares			Value
UNITED STATES (continued)
	21,000	IDEX Corp.	$	1,512,209
	20,000	IHS, Inc. - Class A(b)		2,268,200
	100,000	Independent Bank Corp.		3,616,000
	93,000	Informatica Corp.(b)		3,753,480
	100,000	Innospec, Inc.		4,284,000
	300,000	Integra LifeScience Holdings Corp.(b)		13,938,000
	77,000	Intuit, Inc.		5,640,250
	41,000	JM Smucker Co. (The)		3,951,990
	293,000	John Wiley & Sons, Inc. - Class A		15,863,020
	57,000	Kellogg Co.		3,304,860
	163,600	Lancaster Colony Corp.(d)		14,220,112
	200,000	Landstar System, Inc.		11,488,000
	375,000	LogMein, Inc.(b)(d)		12,735,000
	400,000	Luminex Corp.(b)(d)		7,308,000
	450,000	Masimo Corp.(b)		13,162,500
	17,000	McCormick & Co., Inc. - Non Voting		1,091,059
	19,000	Mead Johnson Nutrition Co.		1,460,909
	175,000	Measurement Specialties, Inc.(b)(d)		9,654,750
	57,000	MICROS Systems, Inc.(b)		3,165,210
	200,000	Mistras Group, Inc.(b)		4,672,000
	63,000	Molson Coors Brewing Co. - Class B		3,316,320
	677	Movie Gallery, Inc.(b)(c)(d)		0
	500,000	MRC Global, Inc.(b)		13,960,000
	806,705	MSC Industrial Direct Co., Inc. - Class A(d)		67,779,354
	100,000	Navigators Group, Inc. (The)(b)(d)		5,963,000
	135,000	NBT Bancorp, Inc.		3,245,400
	1,905,746	NetApp, Inc.		80,689,286
	275,000	Northern Oil and Gas, Inc.(b)		3,998,500
	91,000	Northern Trust Corp.		5,480,020
	400,000	NuVasive, Inc.(b)		14,976,000
	175,000	Omnicell, Inc.(b)		4,518,500
	1,324,200	Omnicom Group, Inc.		96,110,436
	100,000	Owens & Minor, Inc.		3,464,000
	42,000	Parker Hannifin Corp.		4,761,540
	21,000	Pentair Ltd.		1,560,930
	52,000	PetSmart, Inc.		3,276,000
	150,000	Post Holdings, Inc.(b)		8,029,500
	150,000	Prestige Brands Holdings, Inc.(b)		4,539,000
	200,000	PROS Holdings, Inc.(b)(d)		7,602,000
	193,000	Prosperity Bancshares, Inc.		12,074,080
	455,000	QLIK Technologies, Inc.(b)		12,294,100
	400,000	Qualys, Inc.(b)(d)		11,592,000
	360,000	Raven Industries, Inc.(d)		13,482,000
	100,000	RBC Bearings, Inc.(b)		6,484,000
	600,000	RealPage, Inc.(b)(d)		13,488,000
	71,000	Red Hat, Inc.(b)		4,011,500
	750,000	Resolute Energy Corp.(b)		5,992,500
	28,000	Rockwell Automation, Inc.		3,215,520

Shares			Value
UNITED STATES (continued)
	1,000,000	Rockwell Collins, Inc.	$	75,560,000
	29,636,600	Samsonite International SA(d)		81,880,660
	400,000	Sensient Technologies Corp.(d)		19,568,000
	22,000	Sigma-Aldrich Corp.		2,045,340
	200,000	Silgan Holdings, Inc.		9,166,000
	40,664	Sims Metal Management Ltd.(b)		369,395
	57,000	Sirona Dental Systems, Inc.(b)		4,100,580
	400,000	Snyders-Lance, Inc.(d)		10,684,000
	58,000	SolarWinds, Inc.(b)		2,313,620
	43,000	Solera Holdings, Inc.		2,873,690
	88,000	St. Jude Medical, Inc.		5,344,240
	96,200	Standex International Corp.(d)		5,471,856
	250,000	STERIS Corp.		11,472,500
	14,000	SVB Financial Group(b)		1,571,220
	96,000	Teleflex, Inc.		8,989,440
	200,000	TETRA Technologies, Inc.(b)		2,064,000
	85,386	Thompson Creek Metals Co., Inc.(b)		218,496
	174,000	TIBCO Software, Inc.(b)		3,704,460
	260,000	TreeHouse Foods, Inc.(b)		17,118,400
	500,000	Trimas Corp.(b)(d)		17,400,000
	1,342,190	Tupperware Brands Corp.(d)		105,174,008
	350,000	UMB Financial Corp.(d)		20,751,500
	7,526	UR-Energy, Inc.(b)		10,136
	3,075,000	Vantiv, Inc. - Class A(b)(d)		93,295,500
	1,645,000	Varian Medical Systems, Inc.(b)(d)		133,754,950
	250,000	VCA Antech, Inc.(b)		7,985,000
	550,000	Volcano Corp.(b)		11,544,500
	190,000	Washington Trust Bancorp, Inc.(d)		6,258,600
	500	WaterFurnace Renewable Energy, Inc.		9,944
	1,131,151	Waters Corp.(b)(d)		122,469,719
	150,000	West Pharmaceutical Services, Inc.		7,117,500
	107,000	WEX, Inc.(b)		8,812,520
	57,000	Whiting Petroleum Corp.(b)		3,327,660
	200,000	Wolverine World Wide, Inc.		5,580,000
	300,000	Woodward, Inc.		12,855,000
	1,150,000	Wyndham Worldwide Corp.		81,581,000
	85,000	Xilinx, Inc.		3,945,700
	28,000	Zimmer Holdings, Inc.		2,631,160
	114,000	Zoetis, Inc.		3,461,040
				2,842,136,382
Total Common Stocks (Cost $4,358,236,576)				5,874,603,442
INVESTMENT COMPANY — 0.5%
	37,339,900	SEI Daily Income Trust Government II Fund, Class A, 0.01%(g)		37,339,900
Total Investment Company (Cost $37,339,900)				37,339,900

Shares			Value
EXCHANGE TRADED FUNDS — 8.9%
	1,825,000	iShares Core S&P Small Cap ETF	$	191,789,250
	2,505,400	iShares MSCI EAFE Small Cap Index Fund		124,192,678
	234,861	iShares MSCI Japan Small Cap Index Fund		12,425,932
	95,000	iShares Russell Mid-Cap ETF		13,974,500
	196,000	SPDR Russell Nomura Small Cap Japan Fund		9,584,792
	875,000	SPDR S&P Emerging Markets Small Cap Fund		38,123,750
	2,354,800	SPDR S&P International Small Cap Fund		76,672,288
	150,000	Vanguard FTSE All World ex-US Small-Cap ETF		15,040,500
	400,000	Vanguard Small-Cap ETF		43,076,000
	1,300,000	WisdomTree Japan Hedged Equity Fund		60,593,000
	160,000	WisdomTree Japan Small Cap Dividend Fund		7,971,200
Total Exchange Traded Funds (Cost $553,017,236)				593,443,890
RIGHTS/WARRANTS—0.0%
Banks — 0.0%
	283,263	Banco Popular Espanol SA Rights, Expire 2/14/14(b)		15,664
	20,814	Raiffeisen Bank International AG, Expire 2/7/14(b)(d)		0
				15,664
Consumer Discretionary — 0.0%
	1,710	Centrebet Litigation Rights(b)(c)(d)		0
	1,710	Centrebet Litigation Units(b)(c)(d)		0
	15,510	Cineworld Group Plc Rights, Expire 2/11/14(b)		31,361
	159,274	Seat Pagine Gialles SpA Warrants, Expire 9/8/14(b)(c)(d)		0
				31,361
Consumer Staples — 0.0%
	17,860	Genting Plantations Berhad Warrants, Expire 6/17/19(b)		15,957
	42	Marfrig Global Foods SA Rights, Expire 2/27/14(b)(c)(d)		0
				15,957
Diversified Financials — 0.0%
	2,845	IP Group Plc Rights, Expire 2/11/14(b)(d)		496
Energy — 0.0%
	10,000	Falcon Energy Group Ltd. Rights, Expire 6/18/16(b)		274

Shares			Value
Energy (continued)
	39,926	Songa Offshore Rights(b)(c)(d)	$	12,784
				13,058
Health Care — 0.0%
	1	Clal Biotechnology Industries Ltd. Warrants, Expire 8/5/14(b)		0
	177,380	Hartalega Holdings Berhad Warrants, Expire 5/29/15(b)(d)		157,954
	9,812	Intercell Contigent Value Rights(b)(c)(d)		0
	201,026	KPJ Healthcare Berhad Warrants, Expire 1/23/19(b)		36,343
	9,600	Ligand Pharmaceuticals Contingent Value Rights(b)(c)(d)		0
				194,297
Industrials — 0.0%
	212,660	Dialog Group Berhad Warrants, Expire 2/12/17(b)		68,631
	577	Hyundai Elevator Co. Ltd. Rights, Expire 2/12/17(b)(d)		7,229
	49,289	Mota-Engil SGPS SA Rights, Expire 1/22/14(b)(d)		32,128
	93,126	Polimex - Mostostal SA Rights(b)(c)(d)		0
				107,988
Real Estate — 0.0%
	1,244	McKay Securities Plc REIT Rights, Expire 2/13/14(b)(d)		20
Telecommunication Services — 0.0%
	5,008	Loxley Public Co. Ltd. Warrants(b)(d)		0
Total Rights/Warrants (Cost $52,103)				378,841

Principal
Amount			Value
U.S. GOVERNMENT AGENCIES — 1.1%
Federal Home Loan Bank — 1.1%
$	1,880,000	0.01%, 02/05/2014(h)		1,879,999
	1,000,000	0.01%, 02/07/2014(h)		999,999
	1,675,000	0.01%, 02/19/2014(h)		1,674,993
	30,000,000	0.02%, 02/07/2014(h)		29,999,933
	725,000	0.02%, 02/18/2014(h)		724,988
	1,120,000	0.03%, 02/03/2014(h)		1,119,999
	5,000,000	0.03%, 02/07/2014(h)		4,999,983
	600,000	0.03%, 02/12/2014(h)		599,996
	16,000,000	0.04%, 02/27/2014(h)		15,999,573
	3,000,000	0.05%, 04/04/2014(h)		2,999,799

Principal
Amount			Value
Federal Home Loan Bank (continued)
$	15,000,000	0.06%, 04/23/2014(h)	$	14,998,680
Total U.S. Government Agencies (Cost $75,997,240)				75,997,942

Shares
CASH SWEEP — 1.3%
	87,618,816	Citibank - US Dollars on Deposit in Custody Account, 0.02%(g)	$	87,618,816
Total Cash Sweep (Cost $87,618,816)				87,618,816
TOTAL INVESTMENTS — 99.5% (Cost $5,112,261,871)(a)			$	6,669,382,831
OTHER ASSETS IN EXCESS OF LIABILITIES — 0.5%				30,601,842
NET ASSETS — 100.0%			$	6,699,984,673

(a)	Cost for federal income tax purposes is $5,116,638,284 and net unrealized appreciation of investments is as follows:

Unrealized appreciation	$	1,695,356,560
Unrealized depreciation		(142,612,013	)
Net unrealized appreciation	$	1,552,744,547

(b)	Non-income producing security.

(c)	Fair valued security under procedures established by the Fund’s Board of Directors. The aggregate value of fair valued securities is $1,361,782, which is 0.02% of net assets and the cost is $3,880,593.

(d)	This security is considered either fully or partially illiquid. These securities, or portions thereof, have a value of $725,595,286 or 10.83% of net assets.

(e)

Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. The security may be resold in transactions exempt from registration normally to qualified institutional buyers. The security has been determined to be liquid in accordance with procedures adopted by the Fund’s Board of Directors. The aggregate value of these securities is $12,439,which is less than 0.01% of net assets.

(f)	Securities incorporated in the same country but traded on different exchanges.

(g)	Rate shown represents current yield at January 31, 2014.
(h)	The rate represents the annualized yield at time of purchase.

ADR — American Depositary Receipt

BDR — Brazilian Depositary Receipt

CDI — CHESS Depositary Interests

CPO — Certificate of Participation-Common

CVR — Contingent Value Rights

DVR — Differential Voting Rights

FOR — Foreign Ownership Restrictions

NVDR — Non Voting Depositary Receipt

PDR — Phillippine Depositary Receipt

REIT — Real Estate Investment Trust

SDR — Swedish Depositary Receipt

VVPR — Voter Verified Paper Record

Portfolio diversification by Sector (Unaudited)

Sector	Percentage of Net Assets
Banks		2.4	%
Consumer Discretionary		15.4	%
Consumer Staples		5.3	%
Diversified Financials		1.2	%
Energy		3.4	%
Health Care		12.7	%
Industrials		20.9	%
Information Technology		10.4	%
Insurance		3.8	%
Materials		8.3	%
Real Estate		2.5	%
Telecommunication Services		0.5	%
Utilities		0.9	%
Other*		12.3	%
Total		100.0	%

*	Includes cash and equivalents, exchange traded funds, rights/warrants, U.S. government agencies, investment companies, pending trades and Fund share transactions, interest and dividends receivable, prepaids and accrued expenses payable.

Shares			Value
COMMON STOCKS — 17.8%
AUSTRALIA — 0.3%
	287,310	BC Iron Ltd.	$	1,297,429
	160,985	BHP Billiton Ltd.		5,152,208
	1,539,440	Mount Gibson Iron Ltd.		1,414,605
	532,880	PanAust Ltd.		762,483
	337,010	RCR Tomlinson Ltd.		905,449
	1,833,740	Resolute Mining Ltd.(b)		874,616
	1,816,097	Tatts Group Ltd.		4,752,184
				15,158,974
AUSTRIA — 0.1%
	111,850	OMV AG		4,842,383
BERMUDA — 0.4%
	79,739	Arch Capital Group Ltd.(b)		4,290,756
	57,250	Aspen Insurance Holdings Ltd.		2,227,025
	48,420	Axis Capital Holdings Ltd.		2,179,868
	29,190	Everest Re Group Ltd.		4,225,544
	128,430	Nabors Industries Ltd.		2,193,584
	78,038	RenaissanceRe Holdings Ltd.		7,078,827
				22,195,604
BRAZIL — 0.1%
	76,660	Anhanguera Educacional Participacoes SA		403,432
	29,180	Cia Hering		324,054
	49,470	Equatorial Energia SA		456,110
	117,830	Even Construtora e Incorporadora SA		349,596
	103,780	Tim Participacoes SA		543,574
	27,290	Tractebel Energia SA		390,140
				2,466,906
CANADA — 0.6%
	96,281	Boardwalk Real Estate Investment Trust, REIT		5,057,184
	69,412	Canadian Imperial Bank of Commerce		5,395,283
	104,636	Canadian National Railway Co.		5,600,316
	134,312	Cineplex, Inc.		4,881,661
	312,536	First Capital Realty Inc.		4,907,973
	108,821	IGM Financial, Inc.		5,276,170
				31,118,587
CHINA — 0.1%
	903,500	Asia Cement China Holdings Corp.		579,540
	662,000	Beijing Capital International Airport Co. Ltd. - H Shares		503,931
	1,125,000	China Molybdenum Co. Ltd. - H Shares		470,936
	322,728	Huaxin Cement Co. Ltd. - B Shares		467,956
	227,000	Inner Mongolia Yitai Coal Co. Ltd. - B Shares		351,850
	139,640	NAM TAI Electronics, Inc.		850,408

Shares			Value
CHINA (continued)
	6,622,000	Semiconductor Manufacturing International Corp.(b)	$	673,817
	1,178,000	Shenzhen Expressway Co. Ltd. - H Shares		521,951
	527,000	SOHO China Ltd.		419,493
	784,000	Weiqiao Textile Co. - H Shares		423,112
	856,000	Xinhua Winshare Publishing and Media Co. Ltd. - H Shares		484,021
				5,747,015
FINLAND — 0.2%
	232,360	Neste Oil Oyj		4,152,364
	115,489	Sampo Oyj - A Shares		5,365,967
				9,518,331
FRANCE — 0.4%
	38,569	Air Liquide SA		4,848,110
	65,555	Danone SA		4,332,757
	30,288	L’Oreal SA		4,983,662
	49,185	Sanofi		4,829,278
	337,630	UBISOFT Entertainment(b)		4,722,130
				23,715,937
GERMANY — 0.2%
	835,610	Balda AG(c)		4,226,229
	27,136	Linde AG		5,142,097
	14,668	Volkswagen AG		3,567,838
				12,936,164
GREECE — 0.2%
	491,740	Aegean Marine Petroleum Network, Inc.		4,474,834
	722,180	Navios Maritime Holdings, Inc.		6,846,266
				11,321,100
GUERNSEY — 0.0%
	22,306	Amdocs Ltd.		964,958
HONG KONG — 0.4%
	2,236,000	China Lumena New Materials Corp.		397,445
	534,000	China Mobile Ltd.		5,093,215
	2,754,000	China Vanadium Titano - Magnetite Mining Co. Ltd.(b)		351,176
	2,382,000	CSPC Pharmaceutical Group Ltd.		1,972,779
	395,500	Hopewell Holdings Ltd.		1,372,875
	1,728,400	Link REIT (The)		7,814,065
	349,000	Shanghai Industrial Holdings Ltd.		1,162,015
	1,770,800	Swire Properties Ltd.		4,573,088
				22,736,658
INDIA — 0.0%
	86,410	Cairn India Ltd.(b)		447,324

Shares			Value
INDIA (continued)
	83,650	GAIL India Ltd.(b)	$	478,362
				925,686
INDONESIA — 0.0%
	51,659,000	Energi Mega Persada Tbk PT(b)		300,392
IRELAND — 0.4%
	7,093	Accenture Plc - Class A		566,589
	356,078	Seagate Technology Plc		18,822,283
	67,300	XL Group Plc		1,934,202
				21,323,074
ITALY — 0.4%
	419,120	ASTM SpA(c)		6,297,116
	8,686,850	Banca Carige SpA(b)(c)		4,654,778
	57,700	DiaSorin SpA		2,591,422
	4,222,210	Saras SpA(b)(c)		5,136,467
				18,679,783
JAPAN — 1.6%
	20,100	Adastria Holdings Co. Ltd.		531,174
	219,000	Aichi Steel Corp.		891,690
	30,300	Alfresa Holdings Corp.		1,737,868
	4,501,000	ANA Holdings, Inc.		9,603,778
	57,000	As One Corp.(c)		1,301,008
	13,900	Central Japan Railway Co.		1,540,061
	52,000	Daikoku Denki Co. Ltd.		1,247,959
	46,000	East Japan Railway Co.		3,436,155
	38,200	Exedy Corp.		1,215,132
	422,800	Fuji Oil Co. Ltd.(c)		2,324,491
	65,000	Fuji Soft, Inc.		1,523,050
	32,800	Hisamitsu Pharmaceutical Co., Inc.		1,489,596
	112,000	Information Services International-Dentsu Ltd.(c)		1,213,507
	84,000	Kewpie Corp.		1,203,641
	432,000	Kyokuyo Co. Ltd.		1,128,942
	52,700	McDonald’s Holdings Co. Japan Ltd.		1,384,426
	106,000	Moshi Moshi Hotline, Inc.		1,119,448
	863,000	Nippon Coke & Engineering Co. Ltd.		1,174,092
	328,000	Nippon Express Co. Ltd.		1,560,223
	48,600	Nitori Holdings Co. Ltd.		4,742,508
	80,900	Nomura Research Institute Ltd.		2,680,302
	6,100	Oriental Land Co. Ltd.		931,090
	98,000	Osaka Gas Co. Ltd.		399,980
	295,600	Otsuka Holdings Co. Ltd.		9,102,061
	192,000	Rengo Co. Ltd.		1,024,175
	72,000	Rohto Pharmaceutical Co. Ltd.		1,160,654
	202,000	Round One Corp.		1,886,151
	66,000	Ryosan Co. Ltd.		1,386,924
	56,400	Sawai Pharmaceutical Co. Ltd.		3,383,890
	809,000	Seikitokyu Kogyo Co. Ltd.(b)		1,092,708
	1,279,100	Sumitomo Osaka Cement Co. Ltd.		4,844,981
	208,500	Toho Gas Co. Ltd.		975,462

Shares			Value
JAPAN (continued)
	888,000	Tokyo Gas Co. Ltd.	$	4,449,995
	493,200	TonenGeneral Sekiyu KK		4,325,215
	122,000	Toppan Forms Co. Ltd.		1,067,515
	247,000	Toshiba Machine Co. Ltd.		1,351,405
	40,000	Trancom Co. Ltd.		1,472,056
	77,400	West Japan Railway Co.		3,201,452
	33,700	Wowow, Inc.		1,139,606
				86,244,371
MALAYSIA — 0.3%
	555,000	Faber Group Berhad		427,880
	2,333,206	Maxis Berhad		4,859,539
	976,130	Public Bank Berhad		5,565,385
	2,256,100	TA Enterprise Berhad		502,254
	1,705,400	Telekom Malaysia Berhad		2,807,935
	1,193,004	UMW Holdings Berhad		4,220,878
				18,383,871
NEW ZEALAND — 0.1%
	1,005,310	Air New Zealand Ltd.		1,390,043
	137,310	Ebos Group Ltd.		1,082,527
				2,472,570
NORWAY — 0.1%
	241,595	Statoil ASA		5,719,045
PAKISTAN — 0.0%
	956,760	Pakistan Petroleum Ltd.		2,006,442
PHILIPPINES — 0.0%
	1,073,000	First Gen Corp.		369,347
POLAND — 0.0%
	13,780	Lubelski Wegiel Bogdanka SA		546,478
	291,770	Synthos SA		469,313
				1,015,791
PUERTO RICO — 0.0%
	21,947	Popular, Inc.(b)		579,401
SINGAPORE — 0.3%
	4,747,000	Mapletree Industrial Trust, REIT		4,870,625
	4,964,345	Singapore Post Ltd.		5,190,837
	1,521,000	Singapore Technologies Engineering Ltd.		4,515,050
				14,576,512
SOUTH KOREA — 0.2%
	79,440	Iljin Display Co. Ltd.(b)		1,016,796
	69,140	Jahwa Electronics Co. Ltd.		1,259,616
	44,110	LG Fashion Corp.		1,207,477
	835,990	Meritz Securities Co. Ltd.		1,394,163
	15,390	Samsung Electro-Mechanics Co. Ltd.		959,044
	68,950	Sebang Co. Ltd.(c)		1,223,945
	45,760	Silla Co. Ltd.(c)		1,058,121
	84,990	Sungwoo Hitech Co. Ltd.		1,234,731
				9,353,893

Shares			Value
SWEDEN — 0.3%
	169,069	Investor AB - B Shares	$	5,476,149
	1,669,680	SAS AB(b)		4,612,939
	708,138	TeliaSonera AB		5,254,234
				15,343,322
SWITZERLAND — 0.4%
	41,400	Allied World Assurance Co. Holdings AG		4,260,888
	70,384	Novartis AG		5,573,894
	56,930	PSP Swiss Property AG		4,904,024
	69,108	Swiss Prime Site AG		5,373,754
				20,112,560
TAIWAN — 0.2%
	818,000	Accton Technology Corp.		441,432
	724,000	Ardentec Corp.		597,409
	766,000	China General Plastics Corp.		403,258
	25,260	ChipMOS TECHNOLOGIES Bermuda Ltd.		478,930
	854,900	Chunghwa Telecom Co. Ltd.		2,593,128
	430,000	Gemtek Technology Corp.		419,391
	199,000	Huang Hsiang Construction Co.		321,842
	428,000	ITEQ Corp.		451,344
	182,000	Realtek Semiconductor Corp.		498,589
	1,449,000	Taiwan Mobile Co. Ltd.		4,246,925
	322,000	Test Research, Inc.		478,789
	576,000	Test-Rite International Co. Ltd.		427,758
	193,000	Yungshin Construction & Development Co.		455,467
				11,814,262
THAILAND — 0.0%
	175,100	Advanced Info Service Public Co. Ltd. - FOR(c)		1,108,631
	390,800	Bangchak Petroleum Public Co. Ltd.		316,689
				1,425,320
TURKEY — 0.0%
	111,940	Aksa Akrilik Kimya Sanayii		370,393
	104,030	Aygaz AS		349,743
	168,310	Park Elektrik Uretim Madencilik Sanayi ve Ticaret AS(b)		359,611
	123,370	Turk Hava Yollari		367,829
				1,447,576
UNITED KINGDOM — 0.6%
	2,328,890	Afren Plc(b)		5,689,091
	103,357	AstraZeneca Plc		6,555,918
	96,657	British American Tobacco Plc		4,633,359
	157,926	Diageo Plc		4,674,357
	108,498	Lancashire Holdings Ltd.		1,344,833
	72,440	Reckitt Benckiser Group Plc		5,433,805
	87,300	Smith & Nephew Plc		1,257,168
	353,165	WM Morrison Supermarkets Plc		1,392,782
				30,981,313

Shares			Value
UNITED STATES — 9.9%
	71,370	AAR Corp.	$	1,902,010
	213,801	Abbott Laboratories		7,837,945
	280,280	Abercrombie & Fitch Co. - Class A		9,916,306
	143,130	Aceto Corp.		3,051,532
	21,181	Acorda Therapeutics, Inc.(b)		621,662
	8,169	Aflac, Inc.		512,850
	6,178	Alliant Techsystems, Inc.		887,779
	227,838	Allison Transmission Holdings, Inc.		6,545,786
	198,180	Alon USA Energy, Inc.		3,113,408
	107,190	Ambac Financial Group, Inc.(b)		2,512,534
	160,077	American Assets Trust, Inc., REIT		5,357,777
	42,800	American Equity Investment Life Holding Co.		939,460
	39,200	American Financial Group, Inc.		2,152,864
	475,000	American International Group, Inc.		22,781,000
	10,977	AmerisourceBergen Corp.		737,874
	23,100	Amgen, Inc.		2,747,745
	10,186	Andersons, Inc. (The)		842,790
	51,500	Apple, Inc.		25,780,900
	117,137	Arthur J Gallagher & Co.		5,415,244
	42,907	Associated Banc-Corp.		706,678
	51,659	Assurant, Inc.		3,375,916
	43,050	Atlantic Tele-Network, Inc.		2,507,662
	71,652	Automatic Data Processing, Inc.		5,488,543
	9,483	AutoNation, Inc.(b)		468,365
	497,500	Bank of America Corp.		8,333,125
	92,260	Benchmark Electronics, Inc.(b)		2,097,070
	5,267	Boeing Co. (The)		659,744
	257,920	Brocade Communications Systems, Inc.(b)		2,408,973
	21,638	CA, Inc.		694,147
	15,434	CACI International, Inc. - Class A(b)		1,142,425
	53,814	Cadence Design Systems, Inc.(b)		759,854
	150,000	Campbell Soup Co.		6,181,500
	14,674	CareFusion Corp.(b)		598,259
	9,712	CBS Corp.		570,289
	40,810	Celanese Corp.		2,066,618
	28,559	CF Industries Holdings, Inc.		6,593,131
	84,350	Church & Dwight Co., Inc.		5,447,323
	24,030	Churchill Downs, Inc.		2,141,313
	14,150	Cintas Corp.		807,540
	300,000	Cirrus Logic, Inc.(b)		5,253,000
	168,912	Cisco Systems, Inc.		3,700,862
	200,000	Citigroup, Inc.		9,486,000
	128,127	Clorox Co. (The)		11,309,770
	147,840	CNO Financial Group, Inc.		2,504,410
	128,938	Coca-Cola Co. (The)		4,876,435
	6,087	Cognizant Technology Solutions Corp. - Class A(b)		589,952
	35,860	Coherent, Inc.(b)		2,396,882
	85,098	Colgate-Palmolive Co.		5,210,551

Shares			Value
UNITED STATES (continued)
	15,299	Comerica, Inc.	$	700,694
	40,060	Computer Sciences Corp.		2,420,025
	56,018	Consolidated Edison, Inc.		3,047,939
	4,503	Cooper Cos., Inc. (The)		559,633
	30,200	CR Bard, Inc.		3,913,618
	4,703	Cracker Barrel Old Country Store, Inc.		465,644
	63,169	Crestwood Equity Partners LP(b)		822,460
	8,356	CVS Caremark Corp.		565,868
	76,984	Danaher Corp.		5,726,840
	50,161	Delek US Holdings, Inc.		1,519,878
	21,284	Delta Air Lines, Inc.		651,503
	52,090	Deluxe Corp.		2,528,969
	121,219	DENTSPLY International, Inc.		5,593,045
	25,600	Dillard’s, Inc. - Class A		2,234,880
	30,720	DineEquity, Inc.		2,390,323
	64,100	Dolby Laboratories, Inc. - Class A(b)		2,627,459
	118,000	Dollar Tree, Inc.(b)		5,961,360
	46,140	Dr Pepper Snapple Group, Inc.		2,209,183
	26,051	East West Bancorp, Inc.		871,666
	124,600	El Paso Pipeline Partners LP		4,088,126
	11,670	EnerSys, Inc.		794,260
	138,300	Family Dollar Stores, Inc.		8,549,706
	77,670	FBR & Co.(b)		1,884,274
	33,400	Fidelity National Information Services, Inc.		1,693,380
	155,121	Fifth Third Bancorp		3,260,643
	57,953	First Niagara Financial Group, Inc.		500,714
	350,000	Francesca’s Holdings Corp.(b)		6,650,000
	175,000	GameStop Corp. - Class A		6,137,250
	1,725,000	General Motors Co., Escrow Shares(b)(c)(d)		258,750
	200,000	Gentiva Health Services, Inc.(b)		2,272,000
	496,259	Genworth Financial, Inc. - Class A(b)		7,319,820
	134,390	Green Plains Renewable Energy, Inc.		2,994,209
	36,440	Harris Corp.		2,526,750
	16,007	HealthSouth Corp.		498,138
	14,482	Heartland Payment Systems, Inc.		624,319
	11,784	Helmerich & Payne, Inc.		1,037,463
	103,260	hhgregg, Inc.(b)		852,928
	51,360	HollyFrontier Corp.		2,377,968
	70,753	Huntington Bancshares, Inc.		641,730
	15,159	Iconix Brand Group, Inc.(b)		563,915
	38,600	ICU Medical, Inc.(b)		2,490,086
	232,100	Inteliquent, Inc.		2,692,360
	71,040	Inter Parfums, Inc.		2,311,642
	20,592	InterDigital, Inc.		592,020
	35,000	International Business Machines Corp.		6,183,800
	11,018	j2 Global, Inc.		499,666
	13,653	Jack Henry & Associates, Inc.		761,564

Shares			Value
UNITED STATES (continued)
	12,438	Jack in the Box, Inc.(b)	$	628,990
	20,751	JPMorgan Chase & Co.		1,148,775
	225,000	KBR, Inc.		7,042,500
	45,079	KeyCorp.		575,208
	156,885	Kimberly-Clark Corp.		17,158,512
	6,900	Kirby Corp.(b)		688,551
	130,890	Knight Transportation, Inc.		2,794,501
	13,141	Kroger Co. (The)		474,390
	17,600	Lancaster Colony Corp.		1,529,792
	17,578	Lear Corp.		1,271,417
	25,380	Lindsay Corp.		2,157,300
	284,200	Liquidity Services, Inc.(b)		6,755,434
	38,600	Lorillard, Inc.		1,899,892
	100,750	M/I Homes, Inc.(b)		2,477,442
	11,307	Macy’s, Inc.		601,532
	113,500	Marathon Petroleum Corp.		9,880,175
	20,928	MB Financial, Inc.		588,077
	49,310	MBIA, Inc.(b)		539,451
	70,897	McCormick & Co., Inc. - Non Voting		4,550,169
	52,869	McDonald’s Corp.		4,978,674
	66,560	MDC Holdings, Inc.(b)		2,056,038
	111,840	Monarch Casino & Resort, Inc.(b)		2,155,157
	12,357	Mylan, Inc.(b)		561,131
	72,000	Myriad Genetics, Inc.(b)		1,989,360
	38,090	NACCO Industries, Inc. - Class A		2,248,834
	183,070	New York Times Co. (The) - Class A		2,588,610
	92,159	Newcastle Investment Corp., REIT		501,345
	21,020	Nexstar Broadcasting Group, Inc. - Class A		1,010,011
	152,760	Northern Oil and Gas, Inc.(b)		2,221,130
	21,550	Northrop Grumman Corp.		2,490,103
	5,810	Oil States International, Inc.(b)		545,850
	79,240	Olympic Steel, Inc.		2,194,156
	213,610	Orion Marine Group, Inc.(b)		2,392,432
	60,150	Owens & Minor, Inc.		2,083,596
	95,460	Patterson-UTI Energy, Inc.		2,452,367
	156,800	People’s United Financial, Inc.		2,228,128
	61,211	PepsiCo, Inc.		4,918,916
	250,000	Performant Financial Corp.(b)		2,132,500
	35,600	PetSmart, Inc.		2,242,800
	11,745	Phillips 66		858,442
	40,323	Pilgrim’s Pride Corp.(b)		674,604
	97,700	Plains All American Pipeline LP		4,932,873
	8,541	PNC Financial Services Group, Inc. (The)		682,255
	29,165	PrivateBancorp, Inc.		833,827
	63,080	Procter & Gamble Co. (The)		4,833,190
	9,817	Prosperity Bancshares, Inc.		614,152
	15,448	Protective Life Corp.		757,106
	76,990	Providence Service Corp. (The)(b)		2,031,766

Shares			Value
UNITED STATES (continued)
	314,903	QR Energy LP	$	5,598,975
	30,420	Quaker Chemical Corp.		2,102,326
	134,890	Regions Financial Corp.		1,371,831
	15,229	Reinsurance Group of America, Inc.		1,137,149
	68,770	REX American Resources Corp.(b)		2,816,819
	4,286	Rock Tenn Co. - Class A		434,943
	140,370	RPC, Inc.		2,390,501
	31,920	Sanderson Farms, Inc.		2,373,252
	50,948	Sanmina Corp.(b)		851,851
	17,672	Savient Pharmaceuticals, Inc.(b)(c)(d)(e)		0
	63,690	ScanSource, Inc.(b)		2,390,923
	6,656	Scripps Networks Interactive, Inc. - Class A		482,693
	69,200	Select Income REIT		1,909,920
	83,550	SLM Corp.		1,901,598
	14,742	Spirit Airlines, Inc.(b)		691,400
	90,945	Standard Pacific Corp.(b)		800,316
	34,760	Sturm Ruger & Co., Inc.		2,647,669
	30,600	Sunoco Logistics Partners LP		2,404,548
	15,300	SunTrust Banks, Inc.		566,406
	70,626	Susquehanna Bancshares, Inc.		764,880
	31,503	Swift Transportation Co.(b)		686,765
	34,820	SYNNEX Corp.(b)		1,955,143
	327,736	Synovus Financial Corp.		1,097,916
	65,971	Techne Corp.		5,994,785
	7,574	Thermo Fisher Scientific, Inc.		872,070
	261,265	TiVo, Inc.(b)		3,237,073
	8,552	Towers Watson & Co. - Class A		999,900
	13,115	Trinity Industries, Inc.		763,686
	7,320	TRW Automotive Holdings Corp.(b)		542,778
	21,893	Twenty-First Century Fox, Inc.		696,635
	43,916	Umpqua Holdings Corp.		771,165
	91,220	Unifi, Inc.(b)		2,115,392
	5,658	Union Pacific Corp.		985,850
	11,773	United Therapeutics Corp.(b)		1,208,145
	9,946	Universal Corp.		510,429
	6,977	Universal Health Services, Inc. - Class B		572,254
	17,599	US Bancorp		699,208
	11,210	USANA Health Sciences, Inc.(b)		671,143
	300,000	ValueClick, Inc.(b)		6,450,000
	103,300	Wal-Mart Stores, Inc.		7,714,444
	6,851	Waters Corp.(b)		741,758
	20,568	Webster Financial Corp.		624,033
	125,000	Weight Watchers International, Inc.		3,378,750
	10,686	WellPoint, Inc.		918,996
	29,798	Wells Fargo & Co.		1,351,041
	8,943	Western Digital Corp.		770,618
	45,423	Western Union Co. (The)		699,514
	3,670	White Mountains Insurance Group Ltd.		2,072,449

Shares			Value
UNITED STATES (continued)
	15,092	Wintrust Financial Corp.	$	661,482
	71,711	Xerox Corp.		778,064
	81,067	Yahoo!, Inc.(b)		2,920,033
	18,807	Zions Bancorp		540,701
				528,513,952
Total Common Stocks (Cost $888,551,774)				954,311,100
CLOSED-END FUNDS — 1.2%
UNITED STATES — 1.2%
	130,000	Avenue Income Credit Strategies Fund		2,238,600
	77,000	Babson Capital Corporate Investors		1,165,010
	200,000	Babson Capital Global Short Duration High Yield Fund		4,674,000
	164,212	Babson Capital Participation Investors		2,308,821
	352,239	Doubleline Income Solutions Fund		7,333,616
	250,000	New America High Income Fund		2,395,000
	730,200	NexPoint Credit Strategies Fund		7,572,174
	500,000	Nuveen Quality Preferred Income Fund		3,895,000
	700,000	PIMCO Dynamic Credit Income Fund		15,624,000
	200,000	Pimco Dynamic Income Fund		6,048,000
	125,000	Stone Harbor Emerging Markets Income Fund		2,121,250
	600,000	Wells Fargo Advantage Income Opportunities Fund		5,496,000
	152,486	Western Asset Mortgage Defined Opportunity Fund		3,507,178
Total Closed-End Funds (Cost $63,912,049)				64,378,649
EXCHANGE TRADED FUNDS — 0.4%
UNITED STATES — 0.4%
	341,050	iShares MSCI Canada Index Fund		9,525,527
	284,400	iShares MSCI Germany Index Fund		8,483,652
	85,000	ProShares Short VIX Short-Term Futures ETF(b)		4,782,100
	5,000	SPDR Gold Shares(b)		600,450
Total Exchange Traded Funds (Cost $22,632,917)				23,391,729
PREFERRED STOCKS — 0.1%
UNITED STATES — 0.1%
	50,000	New York Community Capital Trust V		2,418,250
Total Preferred Stocks (Cost $2,422,500)				2,418,250

Principal
Amount			Value
BANK LOANS — 1.7%
UNITED STATES — 1.7%
$	1,000,000	AlixPartners LLP, Recapitalization Term B-2 Loan, 9.00%, 11/30/19(f)	$	1,022,500
	1,975,000	AlixPartners LLP, Recapitalization Term Loan, 9.00%, 06/30/19(f)		1,982,406
	149,625	Allflex Holdings III, Inc., Initial Term Loan (First Lien), 4.25%, 06/07/21(f)		150,186
	3,994,804	Asurion LLC, Incremental Tranche B-1 Term Loan, 4.50%, 05/24/19(f)		3,991,952
	500,000	BMC Software, Inc., Initial Foreign USD Term Loan, 5.00%, 08/09/20(f)		497,500
	2,650,000	BMC Software, Inc., Initial US Term Loan, 5.00%, 08/09/20(f)		2,651,473
	1,457,991	Cannery Casino Resorts LLC, Term Loan (First Lien), 6.00%, 06/12/18(f)		1,459,206
	997,500	Catalina Marketing Corp., Initial Term Loan, 5.25%, 10/04/20(f)		1,009,034
	5,000,000	Chesapeake Energy Corp., Term Loan, 5.75%, 12/02/17(f)		5,109,720
	2,743,125	Cincinnati Bell, Inc., Tranche B Term Loan, 4.00%, 08/20/20(f)		2,750,474
	1,000,000	Community Health Systems, Inc., Term Loan D, 0.00%, 01/27/21(f)		1,010,179
	3,505,280	Cumulus Media Holdings, Inc., Term Loan, 4.25%, 12/23/20(f)		3,537,668
	997,500	DS Waters of America, Inc., Term B Loan, 5.25%, 08/19/20(f)		1,014,956
	847,875	Foresight Energy LLC, Term Loan, 5.50%, 08/19/20(f)		854,234
	1,000,000	Four Seasons Holdings, Inc., Term Loan (Second Lien), 6.25%, 12/13/20(f)		1,022,500
	1,496,250	Gardner Denver, Inc., Initial Term Loan, 4.25%, 08/15/20(f)		1,493,530
	2,876,715	Getty Images, Inc., Initial Term Loan, 4.75%, 10/03/19(f)		2,707,708
	900,000	Harland Clarke Holdings Corp., Term Loan B-4, 0.00%, 08/30/19(f)		895,500
	2,985,000	Herff Jones, Inc., Term Loan B, 5.50%, 06/05/19(f)		3,009,874

Principal
Amount			Value
UNITED STATES (continued)
$	6,982,500	HGIM Corp., Term Loan B, 5.50%, 06/14/20(f)	$	7,082,873
	1,000,000	Hudson’s Bay Co., Initial Term Loan (Second Lien), 8.25%, 10/07/20(f)		1,030,833
	1,340,497	Integra Telecom Holdings, Inc., Replacement Term Loan, 5.25%, 02/22/19(f)		1,356,583
	1,250,000	Kronos, Inc., Initial Term Loan (Second Lien), 9.75%, 04/26/20(f)		1,291,666
	1,492,500	MacDermid, Inc., Tranche B Term Loan (First Lien), 4.00%, 06/06/20(f)		1,501,828
	642,004	MGM Resorts International, Term Loan B, 3.50%, 12/20/19(f)		642,004
	1,000,000	Murray Energy Corp., Term Loan, 5.25%, 05/24/19(f)		997,500
	1,243,750	National Financial Partners Corp., Term B Loan, 5.25%, 04/14/20(f)		1,253,078
	4,750,000	Nuveen Investments, Inc., Tranche B Term Loan (Second Lien), 6.50%, 02/28/19(f)		4,728,796
	3,800,000	OXEA S.à r.l., Term Loan (Second Lien), 8.25%, 07/15/20(f)		3,876,000
	1,995,000	OXEA S.à r.l., Tranche B-2 Term Loan (First Lien), 4.25%, 12/06/19(f)		2,012,456
	548,625	Pacific Industrial Services Financial Co. Pty Ltd., Term B Loan, 5.00%, 09/24/18(f)		555,712
	2,140,227	Peninsula Gaming LLC, Term B Loan, 4.25%, 07/03/17(f)		2,150,233
	1,243,750	Pinnacle Entertainment, Inc., Tranche B-2 Term Loan, 3.75%, 08/05/16(f)		1,250,902
	997,500	Rexnord LLC/RBS Global, Inc., Term B Loan, 4.00%, 04/04/18(f)		1,001,933
	1,231,289	Savers, Inc, New Term Loan, 5.00%, 07/09/19(f)		1,238,600
	2,000,000	Scientific Games International, Inc., Initial Term Loan, 4.25%, 06/30/15(f)		2,007,142
	995,000	Sedgwick Claims Management Services, Inc., Term Loan B (First Lien), 4.25%, 06/10/18(f)		999,129
	1,246,875	Springer SBM Two GMBH, Initial Term B2 Loan, 5.00%, 07/23/20(f)		1,251,941

Principal
Amount				Value
UNITED STATES (continued)
$	1,983,744		Station Casinos LLC, Term Loan B, 5.00%, 02/13/20(f)	$	2,002,093
	1,000,000		Syncreon Global Finance (US), Inc., Term Loan, 5.25%, 10/11/20(f)		1,002,500
	2,500,000		Tribune Co., Initial Term Loan, 4.00%, 12/27/20(f)		2,495,833
	1,000,000		TWCC Holding Corp., Term Loan (Second Lien), 7.00%, 12/01/20(f)		1,006,250
	1,364,688		Univision Communications, Inc., Incremental Term Loan, 4.00%, 03/01/20(f)		1,369,521
	1,018,299		US Foods, Inc., Incremental Term Loan, 4.50%, 05/31/19(f)		1,027,846
	2,178,041		USI, Inc., Initial Term Loan, 4.25%, 05/04/14(f)		2,188,931
	263,386		Valeant Pharmaceuticals International, Inc., Series D-2 Tranche B Term Loan, 3.75%, 02/13/19(f)		264,984
	725,000		VAT Holding AG, Term Loan, 0.00%, 01/28/21(f)		721,375
	2,000,000		Visant Corp., Tranche B Term Loan, 5.25%, 12/22/16(f)		1,977,858
	2,955,169		WideOpenWest Finance LLC, Term Loan B, 4.75%, 07/12/18(f)		2,975,675
	1,250,000		WTG Holdings IIIm Corp., Term Loan, 4.75%, 12/12/21(f)		1,258,854
	992,446		Zayo Group LLC, Term Loan, 4.00%, 06/14/19(f)		997,586
Total Bank Loans (Cost $90,611,425)					91,689,115
CORPORATE BONDS — 14.8%
AUSTRALIA — 0.0%
	1,450,000		FMG Resources Pty Ltd., 8.25%, 11/01/19(g)		1,596,813
AUSTRIA — 0.0%
	5,218,800		A-TEC Industries AG, Cnv., 2.75%, 05/10/14(b)(c)(d)(e)		0
	8,000,000		A-TEC Industries AG, Cnv., 8.75%, 10/27/14(b)(c)(d)(e)		0
					0
BELGIUM — 0.1%
	5,000,000		Sofina SA, Cnv., 1.00%, 09/19/16(h)		5,012,500
BERMUDA — 0.1%
	7,000,000	(i)	Celestial Nutrifoods Ltd., Cnv., 15.75%, 06/12/12(b)(c)(d)(e)(j)		1,096,534

Principal
Amount				Value
BERMUDA (continued)
$	1,000,000		Digicel Ltd., 6.00%, 04/15/21(h)	$	970,000
	800,000		Seadrill Ltd., 5.63%, 09/15/17(g)		824,000
	2,000,000		Seadrill Ltd., 6.13%, 09/15/20(g)		2,010,000
	1,950,000		Seadrill Ltd., 6.13%, 09/15/20(g)		1,959,750
					6,860,284
CANADA — 0.3%
	1,250,000		Cascades, Inc., 7.75%, 12/15/17		1,301,562
	1,250,000		Cascades, Inc., 7.88%, 01/15/20		1,337,500
	2,500,000		Lightstream Resources Ltd., 8.63%, 02/01/20(g)		2,537,500
	1,250,000		Precision Drilling Corp., 6.63%, 11/15/20		1,328,125
	1,250,000		Precision Drilling Corp., 6.50%, 12/15/21		1,328,125
	1,000,000		Quebecor Media, Inc., 7.75%, 03/15/16		1,010,000
	1,500,000		Quebecor Media, Inc., 5.75%, 01/15/23		1,458,750
	2,550,000		Valeant Pharmaceuticals International, Inc., 7.50%, 07/15/21(g)		2,840,063
	1,000,000		Valeant Pharmaceuticals International, Inc., 5.63%, 12/01/21(g)		1,035,000
					14,176,625
CAYMAN ISLANDS — 0.3%
	800,000		Anton Oilfield Services Group, 7.50%, 11/06/18(h)		827,000
	1,400,000		Country Garden Holdings Co. Ltd., 11.75%, 09/10/14(h)		1,461,250
	1,400,000		DP World Sukuk Ltd., 6.25%, 07/02/17(h)		1,548,400
	600,000	(k)	Dubai Holding Commercial Operations MTN Ltd., 6.00%, 02/01/17		1,029,492
	600,000		Fufeng Group Ltd., 7.63%, 04/13/16(h)		609,000
	1,000,000		JBS Finance II Ltd., 8.25%, 01/29/18(h)		1,055,000
	900,000		Lonking Holdings Ltd., 8.50%, 06/03/16(h)		933,750
	574,800		Schahin II Finance Co. SPV Ltd., 5.88%, 09/25/22(h)		546,060
	2,000,000		Siem Industries, Inc., Cnv., 1.00%, 09/12/19(h)		1,929,200
	500,000		TAM Capital 3, Inc., 8.38%, 06/03/21(h)		516,875

Principal
Amount				Value
CAYMAN ISLANDS (continued)
$	2,000,000		UPCB Finance V Ltd., 7.25%, 11/15/21(g)	$	2,160,000
	500,000		UPCB Finance VI Ltd., 6.88%, 01/15/22(g)		535,000
					13,151,027
CROATIA (HRVATSKA) — 0.0%
	1,100,000	(l)	Agrokor dd, 9.13%, 02/01/20(h)		1,654,191
FRANCE — 0.1%
	275,000	(m)	Autodis SA, 6.50%, 02/01/19(h)		370,153
	2,400,000		Cie Generale de Geophysique - Veritas, 6.50%, 06/01/21		2,442,000
					2,812,153
GERMANY — 0.0%
	575,000	(m)	Deutsche Raststaetten Gruppe IV GmbH, 6.75%, 12/30/20(h)		818,160
HONG KONG — 0.0%
	9,700,000		China Milk Products Group Ltd., Cnv., 12.86%, 01/05/12(b)(c)(d)(e)(j)		1,133,154
HUNGARY — 0.0%
	570,000	(m)	MOL Hungarian Oil & Gas Plc, 5.88%, 04/20/17(h)		822,577
IRELAND — 0.1%
	600,000		Alfa Bank OJSC Via Alfa Bond Issuance Plc, 7.50%, 09/26/19(h)		636,000
	500,000		Ardagh Packaging Finance Plc, 9.13%, 10/15/20(g)		546,250
	600,000		Ardagh Packaging Finance Plc/Ardagh MP Holdings USA, Inc., 7.38%, 10/15/17(g)		641,250
	1,900,000		Ardagh Packaging Finance Plc/Ardagh MP Holdings USA, Inc., 9.13%, 10/15/20(g)		2,066,250
	675,000	(m)	eircom Finance Ltd., 9.25%, 05/15/20(h)		969,553
	1,500,000		Nara Cable Funding Ltd., 8.88%, 12/01/18(h)		1,635,000
					6,494,303
ISRAEL — 0.0%
	1,200,000		Israel Electric Corp Ltd., 6.70%, 02/10/17(h)		1,309,500

Principal
Amount				Value
ITALY — 0.1%
$	700,000	(m)	Astaldi SpA, 7.13%, 12/01/20(h)	$	986,580
	925,000	(k)	Enel SpA, 7.75%, 09/10/75(f)(h)		1,611,843
	350,000	(m)	Manutencoop Facility Management SpA, 8.50%, 08/01/20(h)		500,371
	950,000	(m)	Telecom Italia SpA, 6.38%, 06/24/19		1,655,992
	400,000	(m)	Telecom Italia SpA, 4.50%, 01/25/21(h)		540,439
	300,000	(m)	Telecom Italia SpA, 5.25%, 02/10/22(h)		416,274
					5,711,499
JAPAN — 0.0%
	1,000,000	(l)	SoftBank Corp., 4.63%, 04/15/20(h)		1,389,170
JERSEY CHANNEL ISLANDS — 0.1%
	1,225,000	(m)	Galaxy Bidco Ltd., 6.38%, 11/15/20(h)		2,042,473
LUXEMBOURG — 0.5%
	1,100,000	(m)	Altice Financing SA, 8.00%, 12/15/19(h)		1,620,365
	350,000	(m)	Altice Financing SA, 6.50%, 01/15/22(h)		479,129
	2,500,000		ArcelorMittal, 5.75%, 08/05/20		2,612,500
	1,100,000	(m)	Cirsa Funding Luxembourg SA, 8.75%, 05/15/18(h)		1,498,415
	325,000	(m)	Cirsa Funding Luxembourg SA, 8.75%, 05/15/18(h)		442,714
	1,000,000		Cosan Luxembourg SA, 5.00%, 03/14/23(h)		852,500
	975,000	(m)	Fiat Finance & Trade SA, 6.75%, 10/14/19(h)		1,430,394
	925,000	(k)	Finmeccanica Finance SA, 8.00%, 12/16/19		1,710,682
	1,100,000	(m)	GCS Holdco Finance I SA, 6.50%, 11/15/18(h)		1,541,068
	1,100,000		Intelsat Jackson Holdings SA, 7.25%, 10/15/20		1,193,500
	1,200,000		Intelsat Jackson Holdings SA, 7.50%, 04/01/21		1,321,500
	1,700,000		Intelsat Luxembourg SA, 6.75%, 06/01/18(g)		1,806,250
	700,000		Severstal OAO Via Steel Capital SA, 6.70%, 10/25/17(h)		745,500
	4,000,000		Subsea 7 SA, Cnv., 1.00%, 10/05/17(h)		3,982,000
	1,400,000		Vimpel Communications OJSC Via UBS Luxembourg SA, 8.25%, 05/23/16(h)		1,536,500

Principal
Amount				Value
LUXEMBOURG (continued)
$	1,490,000	(m)	Wind Acquisition Finance SA, 7.38%, 02/15/18(h)	$	2,106,277
	400,000	(m)	Wind Acquisition Finance SA, 7.38%, 02/15/18(h)		567,806
	1,100,000	(m)	Xella Holdco Finance SA, 9.13% cash or 9.88% payment-in-kind interest, 09/15/18(h)(n)		1,572,594
					27,019,694
NETHERLANDS — 0.2%
	800,000	(m)	Bharti Airtel International Netherlands BV, 4.00%, 12/10/18(h)		1,080,828
	775,000	(m)	InterXion Holding NV, 6.00%, 07/15/20(h)		1,112,166
	1,100,000	(m)	Koninklijke KPN NV, 6.13%, 09/14/18(f)(h)		1,550,341
	1,100,000	(m)	Telefonica Europe BV, 6.50%, 09/18/18(f)(h)		1,557,758
	1,500,000	(m)	UPC Holding BV, 8.38%, 08/15/20(h)		2,218,632
	1,000,000	(m)	Ziggo Bond Co BV, 8.00%, 05/15/18(h)		1,433,003
					8,952,728
POLAND — 0.0%
	345,000	(m)	Play Finance 1 SA, 6.50%, 08/01/19(h)		467,631
	350,000	(m)	Play Finance 2 SA, 5.25%, 02/01/19(h)		471,458
					939,089
PORTUGAL — 0.0%
	1,100,000	(m)	Brisa Concessao Rodoviaria SA, 6.88%, 04/02/18(h)		1,672,068
SINGAPORE — 0.0%
	1,400,000		STATS ChipPAC Ltd., 5.38%, 03/31/16(h)		1,442,000
SOUTH KOREA — 0.1%
	28,890,000	(m)	Export-Import Bank of Korea, 1.45%, 05/19/14(g)		4,415,168
SWEDEN — 0.1%
	1,500,000		Eileme 2 AB, 11.63%, 01/31/20(h)		1,783,125
	2,450,000		Stena AB, 7.00%, 02/01/24(g)		2,499,000
	1,325,000	(l)	TVN Finance Corp. III AB, 7.38%, 12/15/20(h)		1,925,534
					6,207,659
SWITZERLAND — 0.1%
	2,500,000		Dufry Finance SCA, 5.50%, 10/15/20(g)		2,568,750

Principal
Amount				Value
UNITED KINGDOM — 0.2%
$	550,000	(m)	Arqiva Broadcast Finance Plc, 9.50%, 03/31/20(h)	$	1,005,861
	550,000	(m)	Bakkavor Finance 2 Plc, 8.75%, 06/15/20(h)		980,545
	550,000	(m)	Boparan Finance Plc, 9.88%, 04/30/18(h)		978,510
	925,000	(m)	Infinis Plc, 7.00%, 02/15/19(h)		1,638,530
	925,000	(m)	Jerrold Finco Plc, 9.75%, 09/15/18(h)		1,657,461
	950,000	(m)	Phones4u Finance Plc, 9.50%, 04/01/18(h)		1,631,981
	950,000	(m)	Southern Water Greensands Financing Plc, 8.50%, 04/15/19(h)		1,728,150
	1,000,000		Vedanta Resources Plc, 6.75%, 06/07/16(h)		1,042,550
	925,000	(m)	Vougeot Bidco Plc, 7.88%, 07/15/20(h)		1,627,353
					12,290,941
UNITED STATES — 12.4%
	2,500,000		ACCO Brands Corp., 6.75%, 04/30/20		2,478,125
	2,000,000		ADS Waste Holdings, Inc., 8.25%, 10/01/20		2,150,000
	2,000,000		Alere, Inc., 6.50%, 06/15/20		2,055,000
	13,000,000		Alere, Inc., Cnv., 3.00%, 05/15/16		14,657,500
	1,750,000		Alliance Data Systems Corp., 5.25%, 12/01/17(g)		1,824,375
	1,250,000		Alliance Data Systems Corp., 6.38%, 04/01/20(g)		1,321,875
	2,500,000		Allison Transmission, Inc., 7.13%, 05/15/19(g)		2,700,000
	2,250,000		AMC Networks, Inc., 7.75%, 07/15/21		2,525,625
	1,750,000		AmeriGas Finance LLC/AmeriGas Finance Corp., 7.00%, 05/20/22		1,903,125
	1,250,000		AmeriGas Partners LP/AmeriGas Finance Corp., 6.25%, 08/20/19		1,334,375
	1,500,000		Ameristar Casinos, Inc., 7.50%, 04/15/21		1,625,625
	6,000,000		Ares Capital Corp., Cnv., 5.13%, 06/01/16		6,423,750
	5,000,000		Ares Capital Corp., Cnv., 4.38%, 01/15/19(g)		5,275,000
	3,000,000		Ashtead Capital, Inc., 6.50%, 07/15/22(g)		3,210,000
	1,500,000		Avis Budget Car Rental LLC/Avis Budget Finance, Inc., 8.25%, 01/15/19		1,614,375

Principal
Amount			Value
UNITED STATES (continued)
$	2,500,000	Belden, Inc., 5.50%, 09/01/22(g)	$	2,437,500
	2,500,000	Bill Barrett Corp., 7.63%, 10/01/19		2,700,000
	1,400,000	Biomet, Inc., 6.50%, 08/01/20		1,492,750
	1,100,000	Biomet, Inc., 6.50%, 10/01/20		1,141,250
	5,000,000	BlackRock Kelso Capital Corp., Cnv., 5.50%, 02/15/18(g)		5,171,875
	1,050,000	Boyd Gaming Corp., 9.13%, 12/01/18		1,136,625
	2,500,000	Brand Energy & Infrastructure Services, Inc., 8.50%, 12/01/21(c)(g)		2,537,500
	4,500,000	BroadSoft, Inc., Cnv., 1.50%, 07/01/18		4,815,000
	900,000	Cablevision Systems Corp., 7.75%, 04/15/18		1,010,250
	1,000,000	Cablevision Systems Corp., 8.00%, 04/15/20		1,122,500
	1,600,000	Cablevision Systems Corp., 5.88%, 09/15/22		1,566,000
	1,066,000	Calpine Corp., 7.88%, 07/31/20(g)		1,167,270
	1,822,000	Calpine Corp., 7.50%, 02/15/21(g)		1,990,535
	3,000,000	Catalent Pharma Solutions, Inc., 7.88%, 10/15/18		3,048,750
	3,900,000	CCO Holdings LLC/CCO Holdings Capital Corp., 7.25%, 10/30/17		4,129,125
	1,000,000	CCO Holdings LLC/CCO Holdings Capital Corp., 7.38%, 06/01/20		1,087,500
	1,250,000	CCO Holdings LLC/CCO Holdings Capital Corp., 6.50%, 04/30/21		1,306,250
	975,000	CCO Holdings LLC/CCO Holdings Capital Corp., 6.63%, 01/31/22		1,018,875
	525,000	CCO Holdings LLC/CCO Holdings Capital Corp., 5.25%, 09/30/22		504,656
	2,500,000	CDW LLC/CDW Finance Corp., 8.50%, 04/01/19		2,743,750
	2,000,000	Cedar Fair LP/Canada’s Wonderland Co./Magnum Management Corp., 5.25%, 03/15/21		1,995,000
	1,000,000	Central Garden and Pet Co., 8.25%, 03/01/18		982,500
	1,200,000	CenturyLink, Inc., 5.80%, 03/15/22		1,182,000
	1,000,000	CenturyLink, Inc., Series S, 6.45%, 06/15/21		1,041,250

Principal
Amount			Value
UNITED STATES (continued)
$	2,500,000	Cequel Communications Escrow 1 LLC/Cequel Communications Escrow Capital Corp., 6.38%, 09/15/20(g)	$	2,556,250
	250,000	Chaparral Energy, Inc., 8.25%, 09/01/21		272,500
	2,000,000	Chaparral Energy, Inc., 7.63%, 11/15/22		2,155,000
	2,000,000	Chesapeake Energy Corp., Cnv., 2.50%, 05/15/37		2,001,250
	2,500,000	Choice Hotels International, Inc., 5.75%, 07/01/22		2,600,000
	500,000	CHS/Community Health Systems, Inc., 5.13%, 08/01/21(g)		503,125
	1,500,000	CHS/Community Health Systems, Inc., 6.88%, 02/01/22(g)		1,537,500
	6,000,000	Ciena Corp. Cnv., 0.88%, 06/15/17		6,127,500
	950,000	Cincinnati Bell, Inc., 8.75%, 03/15/18		995,125
	350,000	CIT Group, Inc., 4.25%, 08/15/17		363,125
	650,000	CIT Group, Inc., 5.25%, 03/15/18		692,250
	1,500,000	CIT Group, Inc., 5.00%, 08/15/22		1,492,500
	2,000,000	Clean Harbors, Inc., 5.25%, 08/01/20		2,040,000
	1,000,000	Clean Harbors, Inc., 5.13%, 06/01/21		1,000,000
	2,200,000	CommScope Holding Co., Inc., 6.63% cash or 7.38% payment-in-kind interest, 06/01/20(g)(n)		2,301,750
	806,000	CommScope, Inc., 8.25%, 01/15/19(g)		875,517
	9,000,000	Comtech Telecommunications Corp., Cnv., 3.00%, 05/01/29(c)		9,264,375
	2,250,000	CPG Merger Sub LLC, 8.00%, 10/01/21(g)		2,379,375
	2,000,000	Cumulus Media Holdings, Inc., 7.75%, 05/01/19		2,145,000
	1,250,000	DaVita, Inc., 6.63%, 11/01/20		1,340,625
	1,250,000	DaVita, Inc., 5.75%, 08/15/22		1,279,688
	1,750,000	Del Monte Corp., 7.63%, 02/15/19		1,817,812
	7,000,000	DFC Global Corp., 3.25%, 04/15/17		5,416,250
	3,450,000	DISH DBS Corp., 6.75%, 06/01/21		3,682,875

Principal
Amount			Value
UNITED STATES (continued)
$	300,000	DISH DBS Corp., 5.88%, 07/15/22	$	300,375
	4,000,000	Electronic Arts, Inc., Cnv., 0.75%, 07/15/16		4,472,500
	1,000,000	Endo Health Solutions, Inc., 7.00%, 07/15/19		1,065,000
	1,500,000	Endo Health Solutions, Inc., 7.00%, 12/15/20		1,601,250
	3,000,000	Equinix, Inc., 7.00%, 07/15/21		3,296,250
	5,000,000	Forest City Enterprises, Inc., Cnv., 4.25%, 08/15/18		5,484,375
	3,000,000	Forest City Enterprises, Inc., Cnv., 3.63%, 08/15/20(g)		3,028,125
	900,000	Fresenius Medical Care US Finance II, Inc., 5.63%, 07/31/19(g)		956,250
	2,100,000	Fresenius Medical Care US Finance, Inc., 5.75%, 02/15/21(g)		2,231,250
	600,000	Frontier Communications Corp., 7.13%, 03/15/19		651,000
	1,400,000	Frontier Communications Corp., 8.50%, 04/15/20		1,568,000
	1,000,000	Frontier Communications Corp., 7.13%, 01/15/23		987,500
	2,500,000	FTI Consulting, Inc., 6.75%, 10/01/20		2,706,250
	2,250,000	GCI, Inc., 6.75%, 06/01/21		2,182,500
	1,650,000	General Cable Corp., 6.50%, 10/01/22(c)(g)		1,633,500
	1,500,000	GenOn Americas Generation LLC, 8.50%, 10/01/21		1,492,500
	2,050,000	Goodyear Tire & Rubber Co. (The), 8.75%, 08/15/20		2,424,125
	700,000	Goodyear Tire & Rubber Co. (The), 7.00%, 05/15/22		761,250
	1,000,000	Green Plains Renewable Energy, Inc., Cnv., 3.25%, 10/01/18(g)		1,275,000
	2,500,000	Griffey Intermediate, Inc./Griffey Finance Sub LLC, 7.00%, 10/15/20(g)		1,950,000
	2,500,000	Griffon Corp., 7.13%, 04/01/18		2,643,750
	3,200,000	Griffon Corp., Cnv., 4.00%, 01/15/17(g)		3,734,000
	1,250,000	HCA Holdings, Inc., 6.25%, 02/15/21		1,331,250
	500,000	HCA Holdings, Inc., 7.75%, 05/15/21		548,750
	500,000	HCA, Inc., 6.50%, 02/15/20		551,250

Principal
Amount			Value
UNITED STATES (continued)
$	1,100,000	HCA, Inc., 7.50%, 02/15/22	$	1,241,625
	550,000	HCA, Inc., 5.88%, 03/15/22		578,875
	350,000	HCA, Inc., 5.88%, 05/01/23		356,563
	1,500,000	HDTFS, Inc., 6.25%, 10/15/22		1,545,000
	1,000,000	Hertz Corp. (The), 5.88%, 10/15/20		1,035,000
	3,000,000	Hiland Partners LP/Hiland Partners Finance Corp., 7.25%, 10/01/20(g)		3,210,000
	2,500,000	Holly Energy Partners LP/Holly Energy Finance Corp., 6.50%, 03/01/20		2,600,000
	17,500,000	Hologic, Inc., Cnv., STEP, 2.00%, 03/01/42		17,729,688
	10,000,000	Hologic, Inc., Cnv., STEP, 2.00%, 12/15/43		10,543,750
	750,000	Hughes Satellite Systems Corp., 6.50%, 06/15/19		815,625
	2,250,000	Hughes Satellite Systems Corp., 7.63%, 06/15/21		2,553,750
	2,500,000	Infor US, Inc., 9.38%, 04/01/19		2,812,500
	17,000,000	Integra Lifesciences Holdings Corp., 1.63%, 12/15/16(c)		18,317,500
	2,000,000	InterDigital, Inc., Cnv., 2.50%, 03/15/16		2,035,000
	1,400,000	Isle of Capri Casinos, Inc., 7.75%, 03/15/19		1,526,000
	1,600,000	Isle of Capri Casinos, Inc., 8.88%, 06/15/20		1,732,000
	1,000,000	Jarden Corp., 7.50%, 05/01/17		1,150,000
	1,000,000	Jarden Corp., 7.50%, 01/15/20		1,080,000
	2,500,000	Jo-Ann Stores, Inc., 8.13%, 03/15/19(g)		2,600,000
	2,000,000	KB Home, Cnv., 1.38%, 02/01/19		2,073,750
	2,500,000	Key Energy Services, Inc., 6.75%, 03/01/21		2,568,750
	1,500,000	Level 3 Financing, Inc., 8.13%, 07/01/19		1,646,250
	1,500,000	Level 3 Financing, Inc., 7.00%, 06/01/20		1,593,750
	500,000	Levi Strauss & Co., 7.63%, 05/15/20		545,000
	2,000,000	Levi Strauss & Co., 6.88%, 05/01/22		2,180,000
	33,500,000	Liberty Interactive LLC, Cnv., 3.75%, 02/15/30		19,848,750

Principal
Amount				Value
UNITED STATES (continued)
$	5,000,000		Liberty Interactive LLC, Cnv., 1.00%, 09/30/43(g)	$	5,159,375
	2,000,000		LIN Television Corp., 6.38%, 01/15/21		2,090,000
	3,000,000		LINN Energy LLC/LINN Energy Finance Corp., 7.75%, 02/01/21		3,180,000
	16,500,000		Live Nation Entertainment, Inc., Cnv., 2.88%, 07/15/27		16,788,750
	1,000,000		MarkWest Energy Partners LP/MarkWest Energy Finance Corp., 6.75%, 11/01/20		1,087,500
	500,000		MarkWest Energy Partners LP/MarkWest Energy Finance Corp., 6.25%, 06/15/22		536,250
	2,400,000		MedAssets, Inc., 8.00%, 11/15/18		2,586,000
	1,000,000		Mediacom Broadband LLC/Mediacom Broadband Corp., 6.38%, 04/01/23		1,022,500
	2,000,000		Mediacom LLC/Mediacom Capital Corp., 9.13%, 08/15/19		2,155,000
	10,000,000		Meritor, Inc., Cnv., STEP, 4.00%, 02/15/27		9,837,500
	400,000		MGM Resorts International, 7.63%, 01/15/17		454,000
	1,000,000		MGM Resorts International, 7.75%, 03/15/22		1,125,000
	2,000,000		Michael Foods, Inc., 9.75%, 07/15/18		2,152,500
	1,500,000		Michaels Stores, Inc., 7.75%, 11/01/18		1,601,250
	4,000,000		Molina Healthcare, Inc., Cnv., 1.13%, 01/15/20(g)		4,327,500
	4,800,000		Morgans Hotel Group Co., Cnv., 2.38%, 10/15/14		4,704,000
	1,825,000		MPH Intermediate Holding Co. 2, 8.38% cash or 9.13% payment-in-kind interest, 08/01/18(g)(n)		1,879,750
	1,100,000	(l)	MPT Operating Partnership LP/MPT Finance Corp., REIT, 5.75%, 10/01/20		1,568,885
	1,175,000		MultiPlan, Inc., 9.88%, 09/01/18(g)		1,274,875
	1,990,000		Murray Energy Corp., 8.63%, 06/15/21(g)		2,084,525
	3,000,000		Nexstar Broadcasting, Inc., 6.88%, 11/15/20		3,202,500
	1,500,000		NRG Energy, Inc., 7.88%, 05/15/21		1,638,750

Principal
Amount			Value
UNITED STATES (continued)
$	1,250,000	NRG Energy, Inc., 6.63%, 03/15/23	$	1,276,563
	17,000,000	Nuance Communications, Inc., Cnv., 2.75%, 11/01/31		16,851,250
	11,085,000	NuVasive, Inc., Cnv., 2.75%, 07/01/17		12,983,306
	10,000,000	NVIDIA Corp., Cnv., 1.00%, 12/01/18(g)		10,206,250
	2,100,000	Oasis Petroleum, Inc., 7.25%, 02/01/19		2,247,000
	400,000	Oasis Petroleum, Inc., 6.88%, 01/15/23		428,000
	1,935,000	Omega Healthcare Investors, Inc., 6.75%, 10/15/22		2,089,800
	9,000,000	Omnicare, Inc., Cnv., 3.25%, 12/15/35		9,641,250
	19,500,000	Owens-Brockway Glass Container, Inc., Cnv., 3.00%, 06/01/15(g)		20,145,938
	1,950,000	Peninsula Gaming LLC/Peninsula Gaming Corp., 8.38%, 02/15/18(g)		2,106,000
	750,000	Penn Virginia Resource Partners LP/Penn Virginia Resource Finance Corp., 8.25%, 04/15/18		788,438
	1,574,000	Penn Virginia Resource Partners LP/Penn Virginia Resource Finance Corp. II, 8.38%, 06/01/20		1,751,075
	2,000,000	Penske Automotive Group Inc, 5.75%, 10/01/22		2,060,000
	1,850,000	PH Glatfelter Co., 5.38%, 10/15/20		1,891,625
	1,165,000	Pinnacle Entertainment, Inc., 8.75%, 05/15/20		1,275,675
	6,000,000	Prospect Capital Corp., Cnv., 5.50%, 08/15/16		6,311,250
	10,000,000	Prospect Capital Corp., Cnv., 5.75%, 03/15/18		10,662,500
	2,000,000	QEP Resources, Inc., 5.38%, 10/01/22		1,935,000
	1,000,000	Qwest Capital Funding, Inc., 6.50%, 11/15/18(c)		1,099,610
	300,000	Qwest Corp., 6.75%, 12/01/21		334,938
	2,500,000	Regency Energy Partners LP/Regency Energy Finance Corp., 6.50%, 07/15/21		2,656,250
	500,000	Reynolds Group Issuer, Inc./Reynolds Group Issuer LLC/Reynolds Group Issuer (Luxembourg) SA, 8.50%, 05/15/18		525,000

Principal
Amount			Value
UNITED STATES (continued)
$	1,100,000	Reynolds Group Issuer, Inc./Reynolds Group Issuer LLC/Reynolds Group Issuer (Luxembourg) SA, 9.00%, 04/15/19	$	1,172,875
	1,400,000	Reynolds Group Issuer, Inc./Reynolds Group Issuer LLC/Reynolds Group Issuer (Luxembourg) SA, 9.88%, 08/15/19		1,547,000
	1,000,000	Reynolds Group Issuer, Inc./Reynolds Group Issuer LLC/Reynolds Group Issuer (Luxembourg) SA, 8.25%, 02/15/21		1,062,500
	7,000,000	Rovi Corp., Cnv., 2.63%, 02/15/40		7,070,000
	7,000,000	Royal Gold, Inc., Cnv., 2.88%, 06/15/19		7,091,875
	3,000,000	RSI Home Products, Inc., 6.88%, 03/01/18(g)		3,135,000
	3,000,000	Ryland Group, Inc. (The), Cnv., 0.25%, 06/01/19		2,861,250
	1,270,000	SBA Communications Corp., 5.63%, 10/01/19		1,309,688
	1,230,000	SBA Telecommunications, Inc., 5.75%, 07/15/20		1,279,200
	1,000,000	Scientific Games International, Inc., 9.25%, 06/15/19		1,062,500
	1,500,000	Scientific Games International, Inc., 6.25%, 09/01/20		1,567,500
	500,000	SEACOR Holdings, Inc., Cnv., 3.00%, 11/15/28(g)		481,250
	3,000,000	Sequa Corp., 7.00%, 12/15/17(g)		3,000,000
	5,000,000	ServiceSource International, Inc., Cnv, 1.50%, 08/01/18(g)		4,631,250
	1,000,000	SESI LLC, 7.13%, 12/15/21		1,102,500
	12,000,000	ShengdaTech, Inc., Cnv., 6.50%, 12/15/15(b)(c)(d)(e)(g)		3,600,000
	3,000,000	Sinclair Television Group, Inc., 6.13%, 10/01/22		3,030,000
	1,250,000	Spectrum Brands, Inc., 6.75%, 03/15/20		1,343,750
	1,750,000	Spectrum Brands, Inc., 6.38%, 11/15/20		1,859,375
	750,000	Sprint Nextel Corp., 7.00%, 03/01/20(g)		845,625
	1,600,000	Sprint Nextel Corp., 7.00%, 08/15/20		1,724,000
	1,150,000	Sprint Nextel Corp., 6.00%, 11/15/22		1,129,875

Principal
Amount			Value
UNITED STATES (continued)
$	8,900,000	Starwood Property Trust, Inc., Cnv., REIT, 4.55%, 03/01/18	$	10,168,250
	7,000,000	Starwood Property Trust, Inc., Cnv., REIT, 4.00%, 01/15/19		8,111,250
	1,550,000	Station Casinos LLC, 7.50%, 03/01/21		1,650,750
	3,000,000	Stone Energy Corp., Cnv., 1.75%, 03/01/17		3,208,125
	1,006,000	Suburban Propane Partners LP/Suburban Energy Finance Corp., 7.50%, 10/01/18		1,073,905
	1,994,000	Suburban Propane Partners LP/Suburban Energy Finance Corp., 7.38%, 08/01/21		2,178,445
	350,000	SunGard Data Systems, Inc., 7.38%, 11/15/18		371,000
	2,775,000	SunGard Data Systems, Inc., 6.63%, 11/01/19		2,906,813
	375,000	SunGard Data Systems, Inc., 7.63%, 11/15/20		412,031
	650,000	Tenet Healthcare Corp., 6.25%, 11/01/18		718,250
	1,850,000	Tenet Healthcare Corp., 8.00%, 08/01/20		2,021,125
	1,250,000	Tenet Healthcare Corp., 8.13%, 04/01/22		1,364,063
	13,000,000	TIBCO Software, Inc., 2.25%, 05/01/32		12,975,625
	7,300,000	Titan Machinery, Inc., Cnv., 3.75%, 05/01/19		6,246,063
	1,000,000	TransDigm, Inc., 7.75%, 12/15/18		1,070,000
	1,000,000	TransDigm, Inc., 7.50%, 07/15/21		1,082,500
	1,500,000	TransUnion Holding Co., Inc., 8.13% cash or 8.88% payment-in-kind interest, 06/15/18(n)		1,578,750
	1,000,000	TransUnion Holding Co., Inc., 9.63%, 06/15/18		1,070,000
	2,500,000	Unit Corp., 6.63%, 05/15/21		2,625,000
	1,100,000	United Rentals North America, Inc., 7.38%, 05/15/20		1,219,625
	1,900,000	United Rentals North America, Inc., 7.63%, 04/15/22		2,137,500
	3,000,000	Universal Hospital Services, Inc., 7.63%, 08/15/20		3,172,500
	1,000,000	Valeant Pharmaceuticals International, Inc., 6.38%, 10/15/20(g)		1,067,500

Principal
Amount				Value
UNITED STATES (continued)
$	1,750,000		Vanguard Natural Resources LLC/VNR Finance Corp., 7.88%, 04/01/20	$	1,850,625
	2,530,000		Vector Group Ltd., Cnv., 2.50%, 01/15/19(f)		3,068,293
	2,650,000		ViaSat, Inc., 6.88%, 06/15/20		2,782,500
	600,000		Virgin Media Finance Plc, 6.38%, 04/15/23(g)		612,000
	1,150,000		Virgin Media Secured Finance Plc, 5.38%, 04/15/21(g)		1,152,875
	900,000	(k)	Virgin Media Secured Finance Plc, 6.00%, 04/15/21(h)		1,512,428
	14,000,000		Volcano Corp., Cnv., 1.75%, 12/01/17		14,035,000
	5,000,000		Walter Investment Management Corp., Cnv., 4.50%, 11/01/19		4,834,375
	5,000,000		WebMD Health Corp., Cnv., 2.25%, 03/31/16		5,112,500
	9,000,000		WebMD Health Corp., Cnv., 2.50%, 01/31/18		9,416,250
	4,000,000		WebMD Health Corp., Cnv., 1.50%, 12/01/20(g)		4,412,500
	675,000		West Corp., 8.63%, 10/01/18		728,156
	1,825,000		West Corp., 7.88%, 01/15/19		1,964,156
	500,000		Westmoreland Escrow Corp., 10.75%, 02/01/18(g)		541,250
	1,000,000		Windstream Corp., 7.88%, 11/01/17		1,142,500
	1,000,000		Windstream Corp., 8.13%, 09/01/18		1,067,500
	1,000,000		Windstream Corp., 7.75%, 10/15/20		1,060,000
	2,000,000		Zayo Group LLC/Zayo Capital, Inc., 8.13%, 01/01/20		2,210,000
					663,624,098
Total Corporate Bonds (Cost $776,996,760)					794,116,624
GOVERNMENT BONDS — 5.0%
BRAZIL — 0.3%
	9,490,000	(m)	Brazil Notas do Tesouro Nacional, Series B, 6.00%, 05/15/15		9,494,212
	2,400,000	(m)	Brazil Notas do Tesouro Nacional, Series B, 6.00%, 05/15/45		2,092,382

Principal
Amount				Value
BRAZIL (continued)
$	3,900,000	(m)	Brazil Notas do Tesouro Nacional, Series F, 10.00%, 01/01/17	$	1,519,370
					13,105,964
HUNGARY — 0.4%
	133,100,000	(m)	Hungary Government Bond, 5.50%, 02/12/14		575,423
	402,550,000	(m)	Hungary Government Bond, 6.75%, 08/22/14		1,770,131
	61,000,000	(m)	Hungary Government Bond, 8.00%, 02/12/15		275,004
	108,050,000	(m)	Hungary Government Bond, 7.75%, 08/24/15		494,549
	96,000,000	(m)	Hungary Government Bond, 5.50%, 02/12/16		426,185
	17,830,000	(m)	Hungary Government Bond, 5.50%, 12/22/16		79,190
	85,800,000	(m)	Hungary Government Bond, 6.75%, 02/24/17		392,358
	436,700,000	(m)	Hungary Government Bond, 6.75%, 11/24/17		2,005,304
	12,440,000	(m)	Hungary Government Bond, 4.00%, 04/25/18		51,566
	64,470,000	(m)	Hungary Government Bond, 5.50%, 12/20/18		281,349
	103,830,000	(m)	Hungary Government Bond, 6.50%, 06/24/19		472,273
	67,860,000	(m)	Hungary Government Bond, 7.50%, 11/12/20		322,561
	110,830,000	(m)	Hungary Government Bond, 7.00%, 06/24/22		506,076
	36,900,000	(m)	Hungary Government Bond, 6.00%, 11/24/23		157,955
	7,430,000	(m)	Hungary Government Bond, 5.50%, 06/24/25		29,973
	520,000	(m)	Hungary Government International Bond, 4.38%, 07/04/17(h)		728,484
	5,100,000	(m)	Hungary Government International Bond, 6.00%, 01/11/19		7,497,471
	2,920,000		Hungary Government International Bond, 6.25%, 01/29/20		3,124,400
	3,930,000		Hungary Government International Bond, 6.38%, 03/29/21		4,185,450
					23,375,702
INDONESIA — 0.1%
	3,590,000,000	(m)	Indonesia Treasury Bond, 9.00%, 09/15/18		302,048
	20,080,000,000	(m)	Indonesia Treasury Bond, 12.80%, 06/15/21		1,994,021

Principal
Amount				Value
INDONESIA (continued)
$	33,160,000,000	(m)	Indonesia Treasury Bond, 12.90%, 06/15/22	$	3,306,495
					5,602,564
IRELAND — 0.5%
	17,995,160	(m)	Ireland Government Bond, 5.40%, 03/13/25		28,416,456
MALAYSIA — 0.6%
	20,000	(m)	Bank Negara Malaysia Monetary Notes, 2.82%, 04/15/14(j)		5,942
	2,150,000	(m)	Bank Negara Malaysia Monetary Notes, 2.88%, 05/15/14(j)		637,267
	8,960,000	(m)	Bank Negara Malaysia Monetary Notes, 2.84%, 05/27/14(j)		2,653,260
	270,000	(m)	Bank Negara Malaysia Monetary Notes, 2.81%, 09/09/14(j)		79,271
	250,000	(m)	Bank Negara Malaysia Monetary Notes, 2.81%, 09/18/14(j)		73,346
	87,958,000	(m)	Malaysia Government Bond, 4.72%, 09/30/15		26,949,054
	4,485,000	(m)	Malaysia Government Bond, 3.20%, 10/15/15		1,341,474
					31,739,614
MEXICO — 0.5%
	8,832,000	(m)	Mexican Bonos, 7.00%, 06/19/14		668,753
	10,587,000	(m)	Mexican Bonos, 6.00%, 06/18/15		812,781
	91,413,000	(m)	Mexican Bonos, 8.00%, 12/17/15		7,324,243
	43,680,000	(m)	Mexican Bonos, 6.25%, 06/16/16		3,425,516
	36,000,000	(m)	Mexican Bonos, 7.25%, 12/15/16		2,895,717
	23,900,000	(m)	Mexican Bonos, 7.75%, 12/14/17		1,956,087
	1,059,200	(m)	Mexican Udibonos, 4.50%, 12/18/14		419,777
	2,720,000	(m)	Mexican Udibonos, 5.00%, 06/16/16		1,138,291
	2,712,000	(m)	Mexican Udibonos, 3.50%, 12/14/17		1,114,072
	1,851,000	(m)	Mexican Udibonos, 4.00%, 06/13/19		780,566
	1,465,000	(m)	Mexican Udibonos, 2.50%, 12/10/20		564,089

Principal
Amount				Value
MEXICO (continued)
$	695,290,000	(m)	Mexico Cetes, 3.98%, 04/30/14(j)	$	5,155,097
					26,254,989
PHILIPPINES — 0.2%
	312,450,000	(m)	Philippine Government Bond, 9.13%, 09/04/16		8,002,505
	26,300,000	(m)	Philippine Treasury Bill, 0.46%, 03/05/14(j)		579,580
	114,490,000	(m)	Philippine Treasury Bill, 0.21%, 04/02/14(j)		2,518,957
	18,620,000	(m)	Philippine Treasury Bill, 1.00%, 09/03/14(j)		405,927
					11,506,969
POLAND — 0.5%
	4,280,000	(m)	Poland Government Bond, 5.50%, 04/25/15		1,399,962
	739,000	(m)	Poland Government Bond, 5.50%, 04/25/15		241,722
	7,481,000	(m)	Poland Government Bond, 2.97%, 07/25/15(j)		2,270,645
	32,184,000	(m)	Poland Government Bond, 6.25%, 10/24/15		10,737,530
	28,470,000	(m)	Poland Government Bond, 2.94%, 01/25/16(j)		8,483,193
	8,188,000	(m)	Poland Government Bond, 2.71%, 01/25/17(f)		2,585,247
	8,307,000	(m)	Poland Government Bond, 2.71%, 01/25/21(f)		2,564,048
					28,282,347
SERBIA — 0.1%
	1,540,000		Republic of Serbia, 5.25%, 11/21/17(g)		1,555,400
	3,280,000		Republic of Serbia, 7.25%, 09/28/21(g)		3,444,656
					5,000,056
SINGAPORE — 0.1%
	9,400,000	(m)	Singapore Government Bond, 0.25%, 02/01/14		7,362,444
SLOVENIA — 0.1%
	2,860,000		Slovenia Government International Bond, 5.50%, 10/26/22(g)		2,860,000
	1,400,000		Slovenia Government International Bond, 5.85%, 05/10/23(g)		1,426,236
					4,286,236

Principal
Amount				Value
SOUTH KOREA — 0.9%
$	3,028,500,000	(m)	Korea Monetary Stabilization Bond, 3.59%, 04/02/14	$	2,833,794
	1,477,000,000	(m)	Korea Monetary Stabilization Bond, 2.55%, 05/09/14		1,379,707
	625,530,000	(m)	Korea Monetary Stabilization Bond, 3.28%, 06/02/14		585,636
	7,731,000,000	(m)	Korea Monetary Stabilization Bond, 2.57%, 06/09/14		7,221,376
	11,704,200,000	(m)	Korea Monetary Stabilization Bond, 2.82%, 08/02/14		10,944,485
	10,385,800,000	(m)	Korea Monetary Stabilization Bond, 2.78%, 10/02/14		9,710,788
	6,039,800,000	(m)	Korea Monetary Stabilization Bond, 2.84%, 12/02/14		5,649,824
	2,226,780,000	(m)	Korea Monetary Stabilization Bond, 2.74%, 02/02/15		2,081,361
	312,000,000	(m)	Korea Monetary Stabilization Bond, 2.47%, 04/02/15		290,685
	2,610,000,000	(m)	Korea Monetary Stabilization Bond, 2.76%, 06/02/15		2,439,647
	5,276,320,000	(m)	Korea Monetary Stabilization Bond, 2.80%, 08/02/15		4,932,313
	433,000,000	(m)	Korea Monetary Stabilization Bond, 2.81%, 10/02/15		404,992
	1,641,520,000	(m)	Korea Treasury Bond, 3.25%, 12/10/14		1,541,081
					50,015,689
SRI LANKA — 0.1%
	13,560,000	(m)	Sri Lanka Government Bonds, Series A, 6.50%, 07/15/15		101,801
	264,000,000	(m)	Sri Lanka Government Bonds, Series A, 11.00%, 08/01/15		2,101,966
	385,000,000	(m)	Sri Lanka Government Bonds, Series B, 11.00%, 09/01/15		3,071,233
					5,275,000
SWEDEN — 0.2%
	50,720,000	(m)	Kommuninvest I Sverige AB, 2.25%, 05/05/14		7,769,929

Principal
Amount				Value
UKRAINE — 0.3%
$	200,000		Financing of Infrastrucural Projects State Enterprise, 7.40%, 04/20/18(g)	$	173,894
	100,000	(m)	Ukraine Government International Bond, 4.95%, 10/13/15(g)		121,761
	200,000		Ukraine Government International Bond, 6.25%, 06/17/16(g)		180,040
	4,230,000		Ukraine Government International Bond, 9.25%, 07/24/17(g)		3,955,050
	1,350,000		Ukraine Government International Bond, 6.75%, 11/14/17(g)		1,166,062
	9,600,000		Ukraine Government International Bond, 7.75%, 09/23/20(g)		8,304,000
	1,580,000		Ukraine Government International Bond, 7.80%, 11/28/22(g)		1,335,100
					15,235,907
VIETNAM — 0.1%
	1,625,000		Vietnam Government International Bond, 6.88%, 01/15/16(g)		1,726,563
	2,490,000		Vietnam Government International Bond, 6.75%, 01/29/20(g)		2,689,200
					4,415,763
Total Government Bonds (Cost $264,646,286)					267,645,629
ASSET-BACKED SECURITIES — 2.2%
UNITED STATES — 2.2%
	4,787,450		Bear Stearns Asset-Backed Securities Trust, Series 2006-AC2, Class 22A1, 0.51%, 03/25/36(f)		1,475,862
	4,789,075		Bear Stearns Asset-Backed Securities Trust, Series 2006-AC2, Class 22A3, 0.51%, 03/25/36(f)		1,476,364
	23,687,236		Bear Stearns Asset-Backed Securities Trust, Series 2006-AQ1, Class 2A2, 0.36%, 10/25/36(f)		15,496,917
	9,765,372		Bear Stearns Asset-Backed Securities Trust, Series 2007-AC4, Class A1, 0.46%, 02/25/37(f)		6,174,881
	4,884,740		Carrington Mortgage Loan Trust, Series 2007-FRE1, Class A4, 0.58%, 02/25/37(f)		2,870,126
	8,250,000		Carrington Mortgage Loan Trust, Series 2007-RFC1, Class A3, 0.30%, 12/25/36(f)		4,776,030

Principal
Amount			Value
UNITED STATES (continued)
$	5,700,000	Carrington Mortgage Loan Trust, Series 2007-RFC1, Class A4, 0.38%, 12/25/36(f)	$	3,327,655
	3,055,056	Countrywide Asset-Backed Certificates, Series 2006-11, Class 3AV2, 0.32%, 09/25/46(f)		2,450,115
	5,482,666	Countrywide Asset-Backed Certificates, Series 2007-4, Class A2, 5.53%, 04/25/47(f)		5,078,531
	1,779,311	Countrywide Asset-Backed Certificates, Series 2007-6, Class 2A2, 0.33%, 09/25/37(f)		1,732,954
	9,881,650	Credit-Based Asset Servicing & Securitization LLC Trust, Series 2006-CB9, Class A2, 0.27%, 11/25/36(f)		5,255,852
	3,598,454	Credit-Based Asset Servicing & Securitization LLC Trust, Series 2006-CB9, Class A3, 0.31%, 11/25/36(f)		1,922,539
	9,143,547	Fieldstone Mortgage Investment Trust, Series 2006-3, Class 2A3, 0.32%, 11/25/36(f)		4,674,909
	7,171,832	First Franklin Mortgage Loan Trust Asset Backed Certificates, Series 2007-FF2, Class A2C, 0.31%, 03/25/37(f)		3,946,861
	10,000,000	Fremont Home Loan Trust, Series 2006-3, Class 2A3, 0.33%, 02/25/37(f)		5,265,093
	10,831,297	Fremont Home Loan Trust, Series 2006-B, Class 2A3, 0.32%, 08/25/36(f)		4,134,488
	8,374,738	Fremont Home Loan Trust, Series 2006-E, Class 2A3, 0.31%, 01/25/37(f)		4,068,788
	6,000,000	GSAA Trust, Series 2005-11, Class 3A5, 0.53%, 10/25/35(f)		5,052,203
	1,007,627	GSAA Trust, Series 2006-7, Class AF2, 5.99%, 03/25/46(f)		777,646
	5,682,611	Lehman XS Trust, Series 2007-1, Class 2A1, 5.81%, 02/25/37(f)		5,162,182
	9,255,868	Mastr Asset Backed Securities Trust, Series 2006-NC3, Class A4, 0.32%, 10/25/36(f)		4,586,351
	2,145,000	Morgan Stanley ABS Capital I, Series 2006-HE4, Class A4, 0.40%, 06/25/36(f)		1,213,644
	13,865,071	Morgan Stanley ABS Capital I, Series 2006-HE6, Class A2C, 0.31%, 09/25/36(f)		7,192,368
	4,817,128	Morgan Stanley ABS Capital I, Series 2007-HE1, Class A2D, 0.39%, 11/25/36(f)		2,743,705

Principal
Amount			Value
UNITED STATES (continued)
$	11,860,225	Morgan Stanley ABS Capital I, Series 2007-NC3, Class A2B, 0.30%, 05/25/37(f)	$	7,246,056
	7,200,990	Morgan Stanley Mortgage Loan Trust, Series 2006-12XS, Class A4, STEP, 6.01%, 10/25/36		4,124,107
	2,833,857	Oakwood Mortgage Investors, Inc., Series 2002-B, Class A4, 7.09%, 06/15/32(f)		3,003,000
	4,908,065	Soundview Home Equity Loan Trust, Series 2007-OPT1, Class 2A3, 0.37%, 06/25/37(f)		2,807,911

Total Asset-Backed Securities (Cost $107,492,615)				118,037,138

NON-AGENCY MORTGAGE-BACKED SECURITIES — 13.2%
COLLATERALIZED MORTGAGE OBLIGATIONS — 12.8%
	3,306,284	Adjustable Rate Mortgage Trust, Series 2005-3, Class 2A1, 2.77%, 07/25/35(f)		3,237,150
	3,799,071	Adjustable Rate Mortgage Trust, Series 2007-1, Class 4A1, 3.73%, 03/25/37(f)		2,971,843
	5,071,128	Alternative Loan Trust, Series 2005-9CB, Class 1A3, 0.61%, 05/25/35(f)		3,898,487
	4,856,664	Alternative Loan Trust, Series 2007-12T1, Class A22, 5.75%, 06/25/37		3,933,478
	5,482,596	American Home Mortgage Assets Trust, Series 2005-1, Class 2A21, 2.57%, 11/25/35(f)		4,275,504
	4,866,823	American Home Mortgage Assets Trust, Series 2007-3, Class 22A1, STEP, 6.25%, 06/25/37		3,156,790
	1,323,006	American Home Mortgage Assets Trust, Series 2007-4, Class A2, 0.35%, 08/25/37(f)		1,209,149
	2,647,871	American Home Mortgage Investment Trust, Series 2006-1, Class 2A3, 2.09%, 12/25/35(f)		1,945,239
	3,767,645	Banc of America Alternative Loan Trust, Series 2005-9, Class 2CB1, 6.00%, 10/25/35		3,532,535
	5,512,589	Banc of America Funding Corp, Series 2007-1, Class TA5, STEP, 6.09%, 01/25/37		4,479,825
	1,221,287	Banc of America Funding Corp., Series 2005-F, Class 6A1, 5.02%, 09/20/35(f)		1,140,960
	1,976,884	Banc of America Funding Corp., Series 2006-A, Class 3A2, 2.69%, 02/20/36(f)		1,571,330

Principal
Amount			Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
$	2,075,378	Banc of America Funding Corp., Series 2006-E, Class 2A1, 2.82%, 06/20/36(f)	$	1,681,846
	10,729,060	Banc of America Funding Corp., Series 2007-A, Class 2A1, 0.32%, 02/20/47(f)		8,722,576
	4,062,140	Banc of America Funding Trust, Series 2006-G, Class 2A1, 0.38%, 07/20/36(f)		3,685,515
	2,645,710	Banc of America Mortgage Securities, Inc., Series 2005-I, Class 2A5, 2.75%, 10/25/35(f)		2,396,715
	11,933,580	BCAP LLC Trust, Series 2007-AA2, Class 12A1, 0.37%, 05/25/47(f)		8,162,095
	2,401,637	BCAP LLC Trust, Series 2007-AA3, Class 1A1B, 0.30%, 04/25/37(f)		2,098,486
	6,163,871	BCAP LLC Trust, Series 2010-RR11, Class 4A1, 4.70%, 03/27/47(f)(g)		5,733,223
	2,764,576	BCAP LLC Trust, Series 2011-RR2, Class 1A1, 2.86%, 07/25/36(f)(g)		2,711,917
	3,875,927	BCAP LLC Trust, Series 2011-RR9, Class 7A1, 2.12%, 04/26/37(f)(g)		3,728,814
	5,119,344	Bear Stearns Adjustable Rate Mortgage Trust, Series 2005-12, Class 23A1, 2.47%, 02/25/36(f)		3,455,891
	2,099,215	Bear Stearns Adjustable Rate Mortgage Trust, Series 2005-6, Class 5A1, 5.19%, 08/25/35(f)		1,834,828
	9,501,607	Bear Stearns Adjustable Rate Mortgage Trust, Series 2006-1, Class A1, 2.38%, 02/25/36(f)		9,345,453
	1,618,835	Bear Stearns Adjustable Rate Mortgage Trust, Series 2007-3, Class 1A1, 2.64%, 05/25/47(f)		1,372,831
	10,061,194	Bear Stearns Adjustable Rate Mortgage Trust, Series 2007-4, Class 12A1, 5.50%, 05/25/37(f)		9,134,806
	4,901,360	Bear Stearns Alt-A Trust, Series 2005-9, Class 26A1, 4.98%, 11/25/35(f)		3,815,976
	5,022,082	Bear Stearns Alt-A Trust, Series 2006-2, Class 11A1, 0.60%, 04/25/36(f)		3,043,181
	873,754	Citigroup Mortgage Loan Trust, Inc., Series 2005-2, Class 1A1, 2.73%, 05/25/35(f)		834,047
	1,105,288	Citigroup Mortgage Loan Trust, Inc., Series 2006-AR3, Class 1A2A, 5.38%, 06/25/36(f)		1,017,069
	8,563,388	Citigroup Mortgage Loan Trust, Inc., Series 2007-9, Class 1A1, 5.75%, 04/25/47(g)		6,796,666
	1,186,482	Countrywide Alternative Loan Trust, Series 2004-36CB, Class 1A1, 6.00%, 02/25/35		1,077,550

Principal
Amount			Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
$	5,221,705	Countrywide Alternative Loan Trust, Series 2005-22T1, Class A5, 5.50%, 06/25/35	$	4,958,312
	2,863,536	Countrywide Alternative Loan Trust, Series 2005-31, Class 2A1, 0.46%, 08/25/35(f)		2,451,870
	5,892,372	Countrywide Alternative Loan Trust, Series 2005-36, Class 2A1A, 0.47%, 08/25/35(f)		4,147,504
	9,322,172	Countrywide Alternative Loan Trust, Series 2005-38, Class A3, 0.51%, 09/25/35(f)		7,977,057
	7,194,411	Countrywide Alternative Loan Trust, Series 2005-46CB, Class A20, 5.50%, 10/25/35		6,478,536
	1,910,160	Countrywide Alternative Loan Trust, Series 2005-50CB, Class 1A1, 5.50%, 11/25/35		1,698,787
	3,953,540	Countrywide Alternative Loan Trust, Series 2005-63, Class 5A1, 2.49%, 12/25/35(f)		3,329,732
	279,057	Countrywide Alternative Loan Trust, Series 2005-69, Class A1, 1.13%, 12/25/35(f)		240,077
	7,025,949	Countrywide Alternative Loan Trust, Series 2005-7CB, Class 2A8, 0.61%, 04/25/35(f)		5,697,710
	2,613,010	Countrywide Alternative Loan Trust, Series 2005-J14, Class A3, 5.50%, 12/25/35		2,276,445
	5,379,868	Countrywide Alternative Loan Trust, Series 2005-J3, Class 1A1, 0.71%, 05/25/35(f)		4,443,092
	7,358,818	Countrywide Alternative Loan Trust, Series 2006-12CB, Class A10, 0.51%, 05/25/36(f)		4,844,693
	4,266,439	Countrywide Alternative Loan Trust, Series 2006-15CB, Class A1, 6.50%, 06/25/36		3,068,861
	8,570,866	Countrywide Alternative Loan Trust, Series 2006-20CB, Class A9, 6.00%, 07/25/36		6,067,381
	4,142,954	Countrywide Alternative Loan Trust, Series 2006-22R, Class 2A1, 6.25%, 05/25/36		2,909,452
	3,348,753	Countrywide Alternative Loan Trust, Series 2006-24CB, Class A13, 0.51%, 06/25/36(f)		2,328,209
	3,348,753	Countrywide Alternative Loan Trust, Series 2006-24CB, Class A14, 6.99%, 06/25/36(f)		766,047
	3,452,094	Countrywide Alternative Loan Trust, Series 2006-24CB, Class A15, 5.75%, 06/25/36		2,923,045

Principal
Amount			Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
$	1,375,667	Countrywide Alternative Loan Trust, Series 2006-25CB, Class A2, 6.00%, 10/25/36	$	1,189,616
	3,478,963	Countrywide Alternative Loan Trust, Series 2006-2CB, Class A4, 0.56%, 03/25/36(f)		2,140,331
	9,772,125	Countrywide Alternative Loan Trust, Series 2006-2CB, Class A6, 5.50%, 03/25/36		7,450,997
	2,019,676	Countrywide Alternative Loan Trust, Series 2006-2CB, Class A8, 6.00%, 03/25/36		1,599,601
	3,742,831	Countrywide Alternative Loan Trust, Series 2006-41CB, Class 1A10, 6.00%, 01/25/37		3,050,064
	2,711,195	Countrywide Alternative Loan Trust, Series 2006-41CB, Class 1A4, 5.75%, 01/25/37		2,172,370
	5,081,736	Countrywide Alternative Loan Trust, Series 2006-43CB, Class 1A12, 5.75%, 02/25/37		4,073,213
	3,168,468	Countrywide Alternative Loan Trust, Series 2006-45T1, Class 2A2, 6.00%, 02/25/37		2,554,128
	7,244,953	Countrywide Alternative Loan Trust, Series 2006-45T1, Class 2A5, 6.00%, 02/25/37		5,840,216
	584,857	Countrywide Alternative Loan Trust, Series 2006-6CB, Class 1A10, 5.50%, 05/25/36		501,648
	1,659,295	Countrywide Alternative Loan Trust, Series 2006-6CB, Class 1A2, 0.56%, 05/25/36(f)		1,198,470
	9,051,243	Countrywide Alternative Loan Trust, Series 2006-7CB, Class 2A1, 6.50%, 05/25/36		6,419,724
	1,996,344	Countrywide Alternative Loan Trust, Series 2006-HY12, Class A4, 0.54%, 08/25/36(f)		1,952,051
	7,854,287	Countrywide Alternative Loan Trust, Series 2006-J7, Class 2A1, 2.28%, 11/20/36(f)		4,536,417
	8,701,522	Countrywide Alternative Loan Trust, Series 2006-OA10, Class 2A1, 0.35%, 08/25/46(f)		6,211,010
	10,531,219	Countrywide Alternative Loan Trust, Series 2006-OA14, Class 3A1, 5.83%, 11/25/46(f)		7,424,510
	2,650,000	Countrywide Alternative Loan Trust, Series 2006-OA16, Class A1D, 0.44%, 10/25/46(f)		1,817,306
	2,796,441	Countrywide Alternative Loan Trust, Series 2006-OA19, Class A1, 0.34%, 02/20/47(f)		1,994,184

Principal
Amount			Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
$	3,287,365	Countrywide Alternative Loan Trust, Series 2006-OA2, Class A5, 0.39%, 05/20/46(f)	$	2,173,847
	10,086,976	Countrywide Alternative Loan Trust, Series 2006-OA21, Class A1, 0.35%, 03/20/47(f)		7,711,905
	3,679,802	Countrywide Alternative Loan Trust, Series 2006-OA3, Class 2A1, 0.37%, 05/25/36(f)		2,870,948
	6,736,302	Countrywide Alternative Loan Trust, Series 2006-OA6, Class 1A1A, 0.37%, 07/25/46(f)		4,825,360
	11,361,798	Countrywide Alternative Loan Trust, Series 2006-OA7, Class 1A1, 1.99%, 06/25/46(f)		7,828,724
	13,001,450	Countrywide Alternative Loan Trust, Series 2006-OA8, Class 1A1, 0.35%, 07/25/46(f)		10,604,298
	12,576,514	Countrywide Alternative Loan Trust, Series 2006-OC10, Class 2A2A, 0.34%, 11/25/36(f)		10,350,145
	11,561,703	Countrywide Alternative Loan Trust, Series 2006-OC2, Class 2A3, 0.45%, 02/25/36(f)		7,587,198
	8,493,742	Countrywide Alternative Loan Trust, Series 2006-OC8, Class 2A2A, 0.28%, 11/25/36(f)		6,984,806
	4,891,846	Countrywide Alternative Loan Trust, Series 2007-12T1, Class A5, 6.00%, 06/25/37		4,033,684
	2,546,017	Countrywide Alternative Loan Trust, Series 2007-19, Class 1A34, 6.00%, 08/25/37		2,051,075
	7,705,861	Countrywide Alternative Loan Trust, Series 2007-19, Class 1A4, 6.00%, 08/25/37		6,207,852
	8,384,326	Countrywide Alternative Loan Trust, Series 2007-22, Class 2A16, 6.50%, 09/25/37		6,738,494
	8,679,283	Countrywide Alternative Loan Trust, Series 2007-23CB, Class A1, 6.00%, 09/25/37		7,135,075
	2,305,697	Countrywide Alternative Loan Trust, Series 2007-9T1, Class 1A8, 6.00%, 05/25/37		1,772,760
	7,690,312	Countrywide Alternative Loan Trust, Series 2007-HY5R, Class 2A1B, 4.70%, 03/25/47(f)		6,401,816
	6,325,903	Countrywide Alternative Loan Trust, Series 2007-OA2, Class 2A1, 0.29%, 03/25/47(f)		4,301,005
	3,931,952	Countrywide Alternative Loan Trust, Series 2008-1R, Class 2A3, 6.00%, 08/25/37		3,191,156

Principal
Amount			Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
$	1,057,022	Countrywide Home Loan Mortgage Pass Through Trust, Series 2005-17, Class 1A6, 5.50%, 09/25/35	$	985,930
	3,598,446	Countrywide Home Loan Mortgage Pass Through Trust, Series 2006-17, Class A6, 6.00%, 12/25/36		3,185,105
	14,848,616	Countrywide Home Loan Mortgage Pass Through Trust, Series 2006-OA4, Class A1, 1.09%, 04/25/46(f)		8,365,955
	237,230	Countrywide Home Loan Mortgage Pass-Through Trust, Series 2005-15, Class A1, 5.50%, 08/25/35		216,353
	611,477	Countrywide Home Loan Mortgage Pass-Through Trust, Series 2005-21, Class 2A2, 5.50%, 10/25/35		580,306
	5,967,574	Countrywide Home Loan Mortgage Pass-Through Trust, Series 2005-31, Class 2A3, 2.57%, 01/25/36(f)		4,835,312
	2,099,724	Countrywide Home Loan Mortgage Pass-Through Trust, Series 2005-J3, Class 2A4, 4.50%, 09/25/35		1,952,878
	6,629,795	Countrywide Home Loan Mortgage Pass-Through Trust, Series 2006-9, Class A2, 6.00%, 05/25/36		5,962,570
	5,280,650	Countrywide Home Loan Mortgage Pass-Through Trust, Series 2006-HYB1, Class 2A1, 2.40%, 03/20/36(f)		4,394,889
	1,003,681	Countrywide Home Loan Mortgage Pass-Through Trust, Series 2006-J2, Class 1A1, 6.00%, 04/25/36		903,867
	1,158,246	Countrywide Home Loan Mortgage Pass-Through Trust, Series 2006-J4, Class A9, 6.25%, 09/25/36		1,025,871
	2,980,586	Countrywide Home Loan Mortgage Pass-Through Trust, Series 2006-R2, Class AF1, 0.58%, 07/25/36(f)(g)		2,578,590
	2,648,769	Countrywide Home Loan Mortgage Pass-Through Trust, Series 2007-2, Class A16, 6.00%, 03/25/37		2,384,594
	6,624,501	Countrywide Home Loan Mortgage Pass-Through Trust, Series 2007-21, Class 1A1, 6.25%, 02/25/38		5,724,586

Principal
Amount			Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
$	6,355,942	Countrywide Home Loan Mortgage Pass-Through Trust, Series 2007-HY1, Class 1A1, 2.87%, 04/25/37(f)	$	5,284,390
	6,747,245	Countrywide Home Loan Mortgage Pass-Through Trust,Series 2005-HYB9, Class 2A1, 2.42%, 02/20/36(f)		5,531,087
	1,097,839	Credit Suisse Mortgage Capital Certificates, Series 2006-8, Class 1A1, 4.50%, 10/25/21		1,038,624
	5,278,438	Credit Suisse Mortgage Capital Certificates, Series 2006-9, Class 3A1, 6.00%, 11/25/36		5,237,350
	2,534,005	Credit Suisse Mortgage Capital Certificates, Series 2008-2R, Class 1A1, 6.00%, 07/25/37(g)		2,197,871
	1,075,249	Credit Suisse Mortgage Capital Certificates, Series 2010-20R, Class 9A1, 2.62%, 01/27/36(f)(g)		1,045,392
	2,881,953	Credit Suisse Mortgage Capital Certificates, Series 2011-2R, Class 2A1, 2.63%, 07/25/36(f)(g)		2,842,842
	3,604,460	Credit Suisse Mortgage Capital Certificates, Series 2011-4R, Class 5A1, 2.56%, 05/27/36(f)(g)		3,525,849
	2,750,868	Credit Suisse Mortgage Capital Certificates, Series 2011-4R, Class 6A1, 2.62%, 05/27/36(f)(g)		2,716,951
	1,073,756	Credit Suisse Mortgage Capital Certificates, Series 2011-5R, Class 1A1, 2.73%, 07/25/36(f)(g)		1,065,315
	3,167,941	Credit Suisse Mortgage Capital Certificates, Series 2011-5R, Class 2A1, 2.54%, 08/25/46(f)(g)		3,020,892
	3,868,548	Credit Suisse Mortgage Capital Certificates, Series 2011-6R, Class 6A1, 3.22%, 08/28/36(f)(g)		3,700,829
	9,018,667	Credit Suisse Mortgage Capital Certificates, Series 2013-7R, Class 6A1, 4.83%, 06/26/47(f)(g)		8,909,753
	4,961,610	Deutsche Alt-A Securities, Inc., Alternate Loan Trust, Series 2007-1, Class 1A3B, 0.30%, 08/25/37(f)		3,953,870
	5,216	First Horizon Alternative Mortgage Securities, Series 2005-AA7, Class 2A1, 2.24%, 09/25/35(f)		4,554
	4,000,000	FREMF Mortgage Trust, Series 2012-K708, Class C, 3.76%, 02/25/45(f)(g)		3,864,657
	5,000,000	FREMF Mortgage Trust, Series 2012-K709, Class C, 3.74%, 04/01/45(f)(g)		4,810,737

Principal Amount			Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
$	3,500,000	FREMF Mortgage Trust, Series 2013-K28, Class C, 3.49%, 03/25/23(f)(g)	$	2,974,911
	1,639,390	GMAC Mortgage Corp. Loan Trust, Series 2005-AR6, Class 2A1, 2.97%, 11/19/35(f)		1,430,415
	3,682,032	GSMPS Mortgage Loan Trust, Series 2005-RP1, Class 1AF, 0.51%, 01/25/35(f)(g)		3,169,764
	3,110,870	GSMPS Mortgage Loan Trust, Series 2006-RP1, Class 1AF1, 0.51%, 01/25/36(f)(g)		2,646,089
	1,777,027	GSR Mortgage Loan Trust, Series 2005-AR1, Class 2A1, 2.64%, 01/25/35(f)		1,745,291
	2,728,116	GSR Mortgage Loan Trust, Series 2005-AR3, Class 5A1, 2.85%, 05/25/35(f)		2,594,246
	1,414,880	GSR Mortgage Loan Trust, Series 2005-AR5, Class 2A4, 2.72%, 10/25/35(f)		1,369,858
	5,267,000	GSR Mortgage Loan Trust, Series 2005-AR6, Class 4A5, 2.68%, 09/25/35(f)		5,206,546
	1,082,029	GSR Mortgage Loan Trust, Series 2006-4F, Class 1A1, 5.00%, 05/25/36		1,008,914
	2,095,208	GSR Mortgage Loan Trust, Series 2006-9F, Class 9A1, 6.00%, 08/25/21		2,036,577
	2,893,610	GSR Mortgage Loan Trust, Series 2006-AR1, Class 3A1, 2.83%, 01/25/36(f)		2,486,149
	2,997,932	GSR Mortgage Loan Trust, Series 2007-4F, Class 3A1, 6.00%, 07/25/37		2,698,234
	6,809,943	Harborview Mortgage Loan Trust, Series 2006-6, Class 3A1A, 2.68%, 08/19/36(f)		4,943,568
	5,763,776	Homebanc Mortgage Trust, Series 2005-4, Class A1, 0.43%, 10/25/35(f)		5,056,889
	2,663,685	Homebanc Mortgage Trust, Series 2006-1, Class 2A1, 2.40%, 04/25/37(f)		1,814,867
	3,442,392	Homebanc Mortgage Trust, Series 2006-1, Class A1, 0.34%, 12/25/36(f)		2,941,876
	2,209,505	Homebanc Mortgage Trust, Series 2007-1, Class 13A1, 5.72%, 04/25/47(f)		1,686,210
	44,807	IndyMac INDA Mortgage Loan Trust, Series 2007-AR7, Class 1A1, 2.80%, 11/25/37(f)		41,384

Principal Amount			Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
$	5,065,520	IndyMac INDX Mortgage Loan Trust, Series 2006-AR11, Class 4A1, 2.72%, 06/25/36(f)	$	3,495,586
	5,770,564	IndyMac INDX Mortgage Loan Trust, Series 2006-AR3, Class 3A1A, 2.59%, 04/25/36(f)		4,290,164
	6,481,667	IndyMac INDX Mortgage Loan Trust, Series 2006-AR33, Class 2A21, 2.69%, 01/25/37(f)		5,336,622
	2,335,787	JPMorgan Alternative Loan Trust, Series 2007-A1, Class 1A1B, 0.22%, 03/25/37(f)		2,116,023
	7,611,722	JPMorgan Alternative Loan Trust, Series 2007-A1, Class 1A3A, 0.31%, 03/25/37(f)		6,410,461
	7,402,832	JPMorgan Mortgage Trust, Series 2007-A5, Class 2A1, 1.18%, 10/25/37(f)		5,071,229
	913,950	JPMorgan Mortgage Trust, Series 2007-S2, Class 2A3, 5.50%, 06/25/37		876,257
	7,011,853	Lehman XS Trust, Series 2007-20N, Class A1, 1.31%, 12/25/37(f)		4,943,894
	1,940,964	Mastr Adjustable Rate Mortgages Trust, Series 2005-6, Class 5A2, 2.34%, 07/25/35(f)		1,627,188
	2,781,459	Mastr Reperforming Loan Trust, Series 2005-2, Class 1A1F, 0.51%, 05/25/35(f)(g)		2,359,853
	2,313,917	Merrill Lynch Mortgage Investors, Inc., Series 2006-AF2, Class AF1, 6.25%, 10/25/36		2,031,518
	1,828,593	Morgan Stanley Mortgage Loan Trust, Series 2006-2, Class 2A1, 1.06%, 02/25/36(f)		1,523,917
	15,816,592	Morgan Stanley Re-REMIC Trust, Series 2010-R5, Class 5B, 0.44%, 01/26/37(f)(g)		9,660,493
	14,719,582	Morgan Stanley Re-REMIC Trust, Series 2010-R5, Class 7B, 0.43%, 05/26/37(f)(g)		9,715,493
	7,754,146	Prime Mortgage Trust, Series 2006-DR1, Class 2A1, 5.50%, 05/25/35(g)		7,439,464
	3,291,794	Prime Mortgage Trust, Series 2006-DR1, Class 2A2, 6.00%, 05/25/35(g)		3,311,432
	5,239,372	Residential Accredit Loans, Inc., Series 2006-QS12, Class 2A4, 6.00%, 09/25/36		4,342,329
	2,493,445	Residential Accredit Loans, Inc., Series 2006-QS15, Class A1, 6.50%, 10/25/36		1,961,616

Principal Amount				Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
$	2,025,954	Residential Accredit Loans, Inc., Series 2007-QS6, Class A1, 0.49%, 04/25/37(f)	$	1,298,866
	2,875,958	Residential Funding Mortgage Securities I, Series 2005-SA5, Class 2A, 3.06%, 11/25/35(f)		2,415,082
	462,790	Residential Funding Mortgage Securities I, Series 2006-S11, Class A2, 6.00%, 11/25/36		417,480
	9,173,997	Residential Funding Mortgage Securities I, Series 2006-SA2, Class 2A1, 3.63%, 08/25/36(f)		7,489,776
	5,855,136	Sequoia Mortgage Trust, Series 2013-9, Class A1, 3.50%, 07/25/43(g)		5,692,612
	4,985,028	Structured Adjustable Rate Mortgage Loan Trust, Series 2005-11, Class 1A1, 2.40%, 05/25/35(f)		4,295,302
	7,308,039	Structured Adjustable Rate Mortgage Loan Trust, Series 2005-17, Class 5A1, 4.75%, 08/25/35(f)		6,879,829
	5,085,120	Structured Adjustable Rate Mortgage Loan Trust, Series 2006-9, Class 1A1, 2.48%, 10/25/36(f)		3,600,769
	8,985,951	Structured Adjustable Rate Mortgage Loan Trust, Series 2006-9, Class 3A1, 4.66%, 10/25/36(f)		6,948,455
	8,489,519	Structured Asset Mortgage Investments II Trust, Series 2006-AR1, Class 3A1, 0.39%, 02/25/36(f)		6,542,658
	5,866,135	Structured Asset Mortgage Investments, Inc., Series 2006-AR5, Class 4A1, 0.38%, 05/25/46(f)		3,767,485
	7,964,094	Structured Asset Securities Corp, Series 2005-RF3, Class 1A, 0.51%, 06/25/35(f)(g)		6,935,128
	962,802	Suntrust Adjustable Rate Mortgage Loan Trust, Series 2007-1, Class 2A1, 3.18%, 02/25/37(f)		801,991
	3,868,020	Suntrust Adjustable Rate Mortgage Loan Trust, Series 2007-2, Class 3A3, 5.08%, 04/25/37(f)		3,262,587
	1,283,711	Suntrust Adjustable Rate Mortgage Loan Trust, Series 2007-2, Class 4A1, 5.10%, 04/25/37(f)		938,738
	277,490	WaMu Mortgage Pass-Through Certificates Trust, Series 2005-AR16, Class 1A1, 2.36%, 12/25/35(f)		259,767
	10,075,878	WaMu Mortgage Pass-Through Certificates Trust, Series 2005-AR17, Class A1A1, 0.43%, 12/25/45(f)		9,270,904

Principal Amount			Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
$	8,584,423	WaMu Mortgage Pass-Through Certificates Trust, Series 2006-AR10, Class 1A1, 2.36%, 09/25/36(f)	$	7,320,838
	4,571,823	WaMu Mortgage Pass-Through Certificates Trust, Series 2006-AR19, Class 1A, 0.88%, 01/25/47(f)		3,745,547
	6,924,549	WaMu Mortgage Pass-Through Certificates Trust, Series 2006-AR3, Class A1A, 1.14%, 02/25/46(f)		6,475,812
	948,184	WaMu Mortgage Pass-Through Certificates Trust, Series 2006-AR8, Class 1A1, 2.40%, 08/25/46(f)		815,266
	3,028,153	WaMu Mortgage Pass-Through Certificates Trust, Series 2007-HY7, Class 2A2, 2.27%, 07/25/37(f)		2,489,144
	6,156,548	WaMu Mortgage Pass-Through Certificates Trust, Series 2007-OA4, Class 1A, 0.91%, 05/25/47(f)		5,346,173
	2,998,871	Washington Mutual Alternative Mortgage Pass-Through Certificates, Series 2005-10, Class 2A6, 5.50%, 11/25/35		2,500,896
	7,071,614	Washington Mutual Alternative Mortgage Pass-Through Certificates, Series 2006-2, Class 4CB, 6.00%, 03/25/36		5,174,486
	6,196,621	Washington Mutual Alternative Mortgage Pass-Through Certificates, Series 2006-5, Class 3A3, STEP, 6.22%, 07/25/36		3,531,975
	2,871,530	Washington Mutual Mortgage Pass-Through Certificates, Series 2006-AR6, Class 2A, 1.10%, 08/25/46(f)		1,946,815
	1,104,912	Wells Fargo Mortgage Backed Securities Trust, Series 2006-AR10, Class 3A1, 2.63%, 07/25/36(f)		1,074,676
	1,739,561	Wells Fargo Mortgage Backed Securities Trust, Series 2006-AR8, Class 2A3, 2.63%, 04/25/36(f)		1,630,453
				684,587,195
COMMERCIAL MORTGAGE-BACKED SECURITIES — 0.4%
	1,000,000	Commercial Mortgage Pass Through Certificates, Series 2013-LC6, Class D, 4.29%, 01/10/23(f)(g)		899,938
	1,000,000	GS Mortgage Securities Corp. II, Series 2006-GG8, Class AJ, 5.62%, 11/10/39		979,076

Principal Amount			Value
COMMERCIAL MORTGAGE-BACKED SECURITIES (continued)
$	5,380,000	JPMorgan Chase Commercial Mortgage Securities Trust, Series 2007-CB20, Class AJ, 6.07%, 02/12/51(f)	$	5,597,594
	1,000,000	JPMorgan Chase Commercial Mortgage Securities Trust, Series 2007-CB20, Class B, 6.17%, 02/12/51(f)(g)		980,613
	5,000,000	LB-UBS Commercial Mortgage Trust, Series 2006-C4, Class AJ, 5.86%, 06/15/38(f)		5,249,261
	4,000,000	Morgan Stanley Capital I Trust, Series 2006-HQ9, Class C, 5.84%, 07/12/44(f)		4,124,419
	3,333,300	Wachovia Bank Commercial Mortgage Trust, Series 2007-C33, Class AJ, 5.92%, 02/15/51(f)		3,392,431
				21,223,332
Total Non-Agency Mortgage-Backed Securities (Cost $638,612,119)				705,810,527

U.S. GOVERNMENT AGENCIES — 30.7%
Federal Farm Credit Bank — 1.2%
	67,000,000	0.01%, 02/04/14(o)		66,999,972

Federal Home Loan Bank — 29.5%
	14,000,000	0.02%, 02/03/14(o)		14,000,000
	3,000,000	0.02%, 02/03/14(o)		3,000,000
	225,800,000	0.01%, 02/05/14(o)		225,799,784
	19,000,000	0.02%, 02/05/14(o)		18,999,977
	185,800,000	0.01%, 02/07/14(o)		185,799,707
	10,000,000	0.01%, 02/07/14(o)		9,999,989
	185,000,000	0.06%, 02/11/14(o)		184,997,533
	190,000,000	0.02%, 02/12/14(o)		189,999,288
	12,000,000	0.02%, 02/12/14(o)		11,999,565
	136,000,000	0.02%, 02/14/14(o)		135,995,802
	21,000,000	0.02%, 02/18/14(o)		20,999,788
	3,000,000	0.03%, 02/18/14(o)		2,999,963
	155,225,000	0.02%, 02/19/14(o)		155,223,959
	5,000,000	0.02%, 02/19/14(o)		4,999,967
	2,600,000	0.01%, 02/19/14(o)		2,599,988
	137,700,000	0.07%, 02/21/14(o)		137,695,656
	22,700,000	0.03%, 02/24/14(o)		22,699,568
	43,000,000	0.05%, 02/25/14(o)		42,998,686
	68,000,000	0.08%, 03/28/14(o)		67,991,991
	5,000,000	0.05%, 04/04/14(o)		4,999,661
	109,200,000	0.90%, 04/23/14(o)		109,190,390
	11,000,000	0.09%, 04/26/14(o)		10,998,966
	11,775,000	0.08%, 04/30/14(o)		11,773,870
	2,400,000	0.08%, 04/30/14(o)		2,399,770

Principal Amount				Value
Federal Home Loan Bank (continued)
$	4,000,000		0.11%, 05/21/14(o)	$	3,999,404
					1,582,163,272
Total U.S. Government Agencies (Cost $1,649,155,295)					1,649,163,244
U.S. GOVERNMENT SECURITIES — 8.7%
U.S. Treasury Bills — 8.7%
	50,000,000		0.02%, 02/06/14(o)		49,999,881
	40,000,000		0.04%, 02/13/14(o)		39,999,606
	52,000,000		0.03%, 02/27/14(o)		51,999,133
	327,000,000		0.07%, 03/27/14(o)		326,965,756

Total U.S. Government Securities (Cost $468,964,376)					468,964,376

Shares
CASH SWEEP — 3.2%
UNITED STATES — 3.2%
	171,859,647		Citibank - US Dollars on Deposit in Custody Account, 0.02%(p)		171,859,647
Total Cash Sweep (Cost $171,859,647)					171,859,647
TOTAL INVESTMENTS — 99.0% (Cost $5,145,857,763)(a)					5,311,786,028

OTHER ASSETS IN EXCESS OF LIABILITIES — 1.0%					56,126,144
NET ASSETS — 100.0%				$	5,367,912,172

Contracts				Value
CALL OPTIONS WRITTEN — (0.6)%
	(1,250	)	Abercrombie & Fitch Co., Strike $34.00, Expires 02/22/14		(262,500	)
	(1,000	)	Abercrombie & Fitch Co., Strike $35.00, Expires 02/22/14		(146,000	)
	(1,000	)	American International Group, Inc., Strike $35.00, Expires 01/17/15		(1,435,000	)
	(1,000	)	American International Group, Inc., Strike $45.00, Expires 01/17/15		(665,000	)
	(1,250	)	American International Group, Inc., Strike $47.00, Expires 01/17/15		(693,750	)
	(1,500	)	American International Group, Inc., Strike $52.50, Expires 02/22/14		(39,000	)
	(150	)	Apple, Inc., Strike $425.00, Expires 01/17/15		(1,297,500	)
	(100	)	Apple, Inc., Strike $440.00, Expires 04/19/14		(618,500	)
	(265	)	Apple, Inc., Strike $450.00, Expires 01/17/15		(1,848,375	)

Contracts				Value
	(4,975	)	Bank of America Corp., Strike $10.00, Expires 01/17/15	$	(3,457,625	)
	(1,500	)	Campbell Soup Co., Strike $40.00, Expires 05/17/14		(397,500	)
	(250	)	CF Industries Holdings, Inc., Strike $205.00, Expires 05/17/14		(797,500	)
	(3,000	)	Cirrus Logic, Inc., Strike $15.00, Expires 01/17/15		(1,440,000	)
	(1,485	)	Cisco Systems, Inc., Strike $17.00, Expires 01/17/15		(764,775	)
	(1,000	)	Citigroup, Inc., Strike $55.00, Expires 01/17/15		(223,000	)
	(1,000	)	Citigroup, Inc., Strike $55.00, Expires 06/21/14		(80,000	)
	(3,500	)	Francesca’s Holdings Corp., Strike $15.00, Expires 06/21/14		(1,750,000	)
	(1,750	)	GameStop Corp., Strike $32.00, Expires 01/17/15		(1,163,750	)
	(2,000	)	Gentiva Health Services, Inc., Strike $10.00, Expires 02/22/14		(340,000	)
	(4,500	)	Genworth Financial, Inc., Strike $11.00, Expires 03/22/14		(1,800,000	)
	(2,000	)	Inteliquent, Inc., Strike $7.50, Expires 06/21/14		(920,000	)
	(321	)	Inteliquent, Inc., Strike $7.50, Expires 09/20/14		(150,870	)
	(350	)	International Business Machines Corp., Strike $170.00, Expires 04/19/14		(337,750	)
	(2,500	)	iShares MSCI Germany Index Fund, Strike $28.00, Expires 01/17/15		(775,000	)
	(2,250	)	KBR, Inc., Strike $30.00, Expires 03/22/14		(585,000	)
	(342	)	Liquidity Services, Inc., Strike $17.50, Expires 06/21/14		(232,560	)
	(2,500	)	Liquidity Services, Inc., Strike $22.50, Expires 06/21/14		(875,000	)
	(999	)	Marathon Petroleum Corp., Strike $62.50, Expires 04/19/14		(2,677,320	)
	(720	)	Myriad Genetics, Inc., Strike $20.00, Expires 05/17/14		(568,800	)
	(2,500	)	Performant Financial Corp., Strike $10.00, Expires 07/19/14		(237,500	)
	(868	)	Seagate Technology Plc, Strike $36.00, Expires 03/22/14		(1,636,180	)
	(1,000	)	Seagate Technology Plc, Strike $38.00, Expires 03/22/14		(1,670,000	)
	(1,000	)	Seagate Technology Plc, Strike $43.00, Expires 03/22/14		(1,035,000	)
	(3,000	)	ValueClick, Inc., Strike $18.00, Expires 03/22/14		(1,290,000	)

Contracts				Value
	(1,250	)	Weight Watchers International, Inc., Strike $35.00, Expires 01/17/15	$	(268,750	)
Total Call Options Written
(Premiums received $(28,416,365))					(32,479,505	)
Contracts/ Notional Amount ($)					Value
STRUCTURED OPTIONS — 1.3%
	121,330		American International Group, Inc., One purchased call strike $43.27, One written call strike $53.573, One written put strike $43.27 with a barrier level strike of $28.847, Expires 01/16/15, Broker Goldman Sachs Group, Inc.		358,908
$	13,800,000		DAXK Index, One purchased call strike $4,570.3176, One written call strike $31.2287 on iShares MSCI Germany ETF, One written put strike $27.8828 with a barrier level strike of $22.306 on iShares MSCI Germany ETF ($10,000,000 notional amount), Expires 12/19/14, Broker JPMorgan Chase Bank(q)		454,384
	2,415		DAXK Index, One purchased call strike $4,140.40, One written call strike $4,802.864, One written put strike $4,140.40 with a barrier level strike of $2,898.28, Expires 09/19/14, Broker Goldman Sachs Group, Inc.		1,061,860
	2,338		DAXK Index, One purchased call strike $4,277.00, One written call strike $4,833.01, One written put strike $4,277.00 with a barrier level strike of $2,993.90, Expires 08/15/14, Broker Goldman Sachs Group, Inc.		817,828
	2,299		DAXK Index, One purchased call strike $4,351.00, One written call strike $5,090.67, One written put strike $4,351.00 with a barrier level strike of $3,263.25 Expires 11/21/14, Broker Goldman Sachs Group, Inc.		795,888

Contracts/ Notional Amount ($)			Value
$	5,000,000	DAXK Index, One purchased call strike $4,371.42, One written call strike $5,027.13, One written put strike $4,371.42 with a barrier level strike of $3,059.99, Expires 02/20/15, Broker Citibank N.A.	$	320,673
	8,566	DAXK Index, One purchased call strike $4,378.20, One written call strike $29.44 on iShares MSCI Germany ETF (1,426,941 contracts), One written put strike $26.28 with a barrier level strike of $21.023 on iShares MSCI Germany ETF (570,776 contracts), Expires 11/21/14, Broker Goldman Sachs Group, Inc. with a barrier level strike of $21.023 on iShares MSCI Germany ETF (570,776 contracts), Expires 11/21/14, Broker Goldman Sachs Group, Inc.(r)		2,082,892
$	10,000,000	DAXK Index, One purchased call strike $4,394.80, One written call strike $5,054.02, One written put strike $4,394.80 with a barrier level strike of $3,296.10, Expires 12/19/14, Broker JPMorgan Chase Bank		629,115
	2,262	DAXK Index, One purchased call strike $4,420.39, One written call strike $5,216.0602, One written put strike $4,420.39 with a barrier level strike of $3,094.273, Expires 10/17/14, Broker Goldman Sachs Group, Inc.		816,105
$	2,000,000	DAXK Index, One purchased call strike $4,444.72, One written call strike $26.5862 on iShares MSCI Germany ETF, One written put strike $26.5862 with a barrier level strike of $21.269 on iShares MSCI Germany ETF ($10,000,000 notional amount), Expires 12/19/14, Broker Citibank N.A.(q)		923,735
	2,243	DAXK Index, One purchased call strike $4,458.16, One written call strike $5,171.47, One written put strike $4,458.16 with a barrier level strike of $3,299.04, Expires 10/17/14, Broker Credit Suisse Group AG		684,637

Contracts/ Notional Amount ($)			Value
$	19,500,000	DAXK Index, One purchased call strike $4,465.18, One written call strike $30.0574 on iShares MSCI Germany ETF, One written put strike $26.837 with a barrier level strike of $21.47 on iShares MSCI Germany ETF ($10,000,000 notional amount), Expires 01/16/15, Broker JPMorgan Chase Bank(q)	$	766,519
	2,231	DAXK Index, One purchased call strike $4,482.00, One written call strike $5,154.30, One written put strike $4,482.00 with a barrier level strike of $3,316.68, Expires 09/19/14, Broker Goldman Sachs Group, Inc.		641,807
	3,274	DAXK Index, One purchased call strike $4,582.2208, One written call strike $5,223.7317, One written put strike $4,582.2208 with a barrier level strike of $3,299.199 Expires 01/16/15, Broker Goldman Sachs Group, Inc.		606,927
$	29,600,000	DAXK Index, One purchased call strike $4,619.50, One written call strike $31.5401 on iShares MSCI Germany ETF, One written put strike $28.1608 with a barrier level strike of $22.529 on iShares MSCI Germany ETF ($20,000,000 notional amount), Expires 02/20/15, Broker JPMorgan Chase Bank(q)		683,757
	4,563	DAXK Index, One purchased call strike $4,821.0978, One written call strike $5,062.1527, One written put strike $4,821.0978 with a barrier level strike of $4,338.988 (2,074 contracts), Expires 06/20/14, Broker JPMorgan Chase Bank(r)		169,189
	5,242	DAXK Index, One purchased call strike $4,961.4024, One written call strike $5,253.2496, One written put strike $4,864.12 with a barrier level strike of $4,377.708 (2,056 contracts), Expires 10/17/14, Broker Goldman Sachs Group, Inc.(r)		54,075

Contracts/ Notional Amount ($)			Value
$	10,000,000	Euro STOXX 50 Index, One purchased call strike $2,595.70, Expires 01/19/18, One written put strike $2,595.70 with a barrier level strike of $1,491.2297, Expires 01/16/15, Broker Citigroup, Inc.	$	1,844,639
	3,839	Euro STOXX 50 Index, One purchased call strike $2,605.00, Expires 01/19/18, One written put strike $2,605.00 with a barrier level strike of $1,439.2630, Expires 01/16/15, Broker JPMorgan Chase Bank		1,802,909
	1,920	Euro STOXX 50 Index, One purchased call strike $2,605.00, Expires 01/19/18, One written put strike $2,605.00 with a barrier level strike of $1,589.05, Expires 01/16/15, Broker Goldman Sachs Group, Inc.		901,760
	3,802	Euro STOXX 50 Index, One purchased call strike $2,630.00, Expires 03/16/18, One written put strike $2,630.00 with a barrier level strike of $1,693.72, Expires 03/20/15, Broker Goldman Sachs Group, Inc.		1,675,279
	3,764	Euro STOXX 50 Index, One purchased call strike $2,657.00, Expires 01/19/18, One written put strike $2,657.00 with a barrier level strike of $1,554.3450, Expires 01/16/15, Broker JPMorgan Chase Bank		1,631,794
	5,516	Euro STOXX 50 Index, One purchased call strike $2,719.48, Expires 02/16/18, One written put strike $2,719.48 with a barrier level strike of $1,706.4740, Expires 02/20/15, Broker JPMorgan Chase Bank		2,126,164
	5,505	Euro STOXX 50 Index, One purchased call strike $2,725,10, Expires 12/21/18, One written put strike $2,725.10 with a barrier level strike of $2,125.58, Expires 12/16/16, Broker Goldman Sachs Group, Inc.		1,037,285

Contracts/ Notional Amount ($)			Value
$	10,000,000	Euro STOXX 50 Index, One purchased call strike $2,730.95, Expires 05/18/18, One written put strike $2,730.95 with a barrier level strike of $1,768.29, Expires 05/15/15, Broker JPMorgan Chase Bank	$	1,218,229
$	7,875,000	Euro STOXX 50 Index, One purchased call strike $2,797.2047, Expires 12/21/18, One written put strike $2,797.2047 with a barrier level strike of $2,041.959 ($7,500,000 notional amount), Expires 12/16/16, Broker JPMorgan Chase Bank(q)		461,794
	2,697	Euro STOXX 50 Index, One purchased call strike $2,799.80, One written call strike $3,275.77, One written put strike $2,799.80 with a barrier level strike of $1,959.86, Expires 12/19/14, Broker UBS AG		342,663
	5,339	Euro STOXX 50 Index, One purchased call strike $2,810.00, Expires 06/15/18, One written put strike $2,810.00 with a barrier level strike of $1,968.00, Expires 06/19/15, Broker Goldman Sachs Group, Inc.		1,271,104
$	10,600,000	Euro STOXX 50 Index, One purchased call strike $2,984.1745, One written call strike $3,193.0667, One written put strike $2,984.1745 with a barrier level strike of $2,655.915 ($5,000,000 notional amount) , Expires 08/15/14, Broker JPMorgan Chase Bank(q)		56,424
$	15,975,000	Euro STOXX 50 Index, One purchased call strike $3,038.087, One written call strike $3,220.3722, One written put strike $3,038.087 with a barrier level strike of $2,673.517 ($7,500,000 notional amount) , Expires 06/20/14, Broker JPMorgan Chase Bank(q)		9,681

Contracts/ Notional Amount ($)			Value
$	15,550,000	Euro STOXX 50 Index, One purchased call strike $3,088.1826, One written call strike $3,269.8404, One written put strike $3,027.63 with a barrier level strike of $2,724.867, Expires 07/18/14 ($5,000,000 notional amount), Broker JPMorgan Chase Bank Expires 07/18/14, Broker JPMorgan Chase Bank(q)	$	18,845
	36,862	Euro STOXX Banks Index, One purchased call strike $135.64, One purchased put strike $143.78, One written put strike $135.64 with a barrier level strike of $122.08 (978,001 contracts), Expires 07/18/14, Broker BNP Paribas(r)		328,388
	2,403	FTSE 100 Index, One purchased call strike $6,648.65, One written call strike $7,114.0555, One written put strike $3,032.72 on Euro STOXX 50 Index with a barrier level strike of $2,729.448 (2,473 contracts), Expires 07/18/14, Broker JPMorgan Chase Bank(r)		(101,839	)
	2,587	FTSE 100 Index, One purchased call strike $6,832.7207, One written call strike $7,238.6249, One written put strike $6,765.07 with a barrier level strike of $6,156.2137 (1,478 contracts), Expires 05/16/14, Broker Goldman Sachs Group, Inc. Expires 05/16/14, Broker Goldman Sachs Group, Inc.(r)		(245,020	)
	169	FTSE MIB Borsa Italiana Index, One purchased call strike $17,805.73, One purchased put strike $19,230.19, One written put strike $17,983.79 with a barrier level strike of $16,025.20 (522,946 contracts), Expires 08/15/14, Broker BNP Paribas(r)		217,551

Contracts/ Notional Amount ($)			Value
	324	FTSE MIB Index, One purchased call strike $19,288.8936, One written call strike $20,423.5344, One written put strike $18,910.68 with a barrier level strike of $17,019.612 (159 contracts), Expires 05/16/14, Broker Goldman Sachs Group, Inc. Expires 05/16/14, Broker Goldman Sachs Group, Inc.(r)	$	97,846
	254	FTSE MIB Index, One purchased call strike $19,658.97, One written call strike $20,815.38 (240 contracts), One written put strike $19,273.50 with a barrier level strike of $17,346.15 (259 contracts), Expires 07/18/14, Broker UBS AG (r)		62,519
	918	IBEX 35 Index, One purchased call strike $10,015.8951, One written call strike $10,605.0654, One written put strike $9,819.505 with a barrier level strike of $8,837.5545 (306 contracts), Expires 05/16/14, Broker Goldman Sachs Group, Inc. (r)		84,059
$	17,800,000	IBEX 35 Index, One purchased call strike $10,244.319, One written call strike $10,846.926, One written put strike $10,043.45 with a barrier level strike of $9,039.105 ($5,000,000 notional amount), Expires 07/18/14, Broker JPMorgan Chase Bank Expires 07/18/14, Broker JPMorgan Chase Bank(q)		30,090
	913	IBEX 35 Index, One purchased call strike $9,356.236, One written call strike $10,004.688, One written put strike $9,263.60 with a barrier level strike of $8,337.24 (324 contracts) , Expires 08/15/14, Broker JPMorgan Chase Bank(r)		206,684

Contracts/ Notional Amount ($)			Value
$	24,900,000	iShares China Large-Cap ETF Fund, One purchased call strike $35.10, One written call strike $36.855, One written put strike $35.10 with a barrier level strike of $31.59 ($5,000,000 notional amount), Expires 01/16/15, Broker JPMorgan Chase Bank(q)	$	(63,954	)
$	15,500,000	iShares China Large-Cap ETF Fund, One purchased call strike $36.601, One written call strike $39.1631, One written put strike $36.601 with a barrier level strike of $32.9409 ($5,000,000 notional amount), Expires 11/21/14, Broker Citigroup, Inc.(q)		(293,329	)
$	14,350,000	iShares China Large-Cap ETF Fund, One purchased call strike $37.6578, One written call strike $40.2938, One written put strike $37.6578 with a barrier level strike of $33.892 ($5,000,000 notional amount), Expires 09/19/14, Broker Citigroup, Inc.(q)		(423,684	)
	295,805	iShares FTSE/Xinhua China 25 Index ETF, One purchased call strike $33.8060, One written call strike $38.8769, One written put strike $33.8060 with a barrier level strike of $22.9881, Expires 08/15/14, Broker Citigroup, Inc.		126,452
	288,480	iShares FTSE/Xinhua China 25 Index ETF, One purchased call strike $34.6644, One written call strike $39.5174, One written put strike $34.6644 with a barrier level strike of $23.9184, Expires 09/19/14, Broker Citigroup, Inc.		(95,189	)
	427,270	iShares FTSE/Xinhua China 25 Index ETF, One purchased call strike $37.33, One written call strike $39.94, One written put strike $37.33 with a barrier level strike of $33.97 (133,941 contracts), Expires 10/17/14, Broker UBS AG(r)		(367,276	)

Contracts/ Notional Amount ($)			Value
$	5,000,000	iShares FTSE/Xinhua China 25 Index ETF, One purchased call strike $38.3163, One written call strike $44.8301, One written put strike $38.3163 with a barrier level strike of $30.653, Expires 01/16/15, Broker Citibank N.A.	$	(486,160	)
$	7,500,000	iShares FTSE/Xinhua China 25 Index ETF, One purchased call strike $38.5495, One written call strike $43.9464, One written put strike $38.5495 with a barrier level strike of $26.2137, Expires 02/20/15, Broker Citibank N.A.		(737,887	)
$	16,450,000	iShares MSCI Brazil Index Fund, One purchased call strike $42.4224, One written call strike $44.5435, One written put strike $42.4224 with a barrier level strike of $38.1802 ($5,000,000 notional amount), Expires 08/15/14, Broker Citigroup, Inc.(q)		(360,829	)
	172,859	iShares MSCI EAFE Index Fund, One purchased call strike $57.8506, One written call strike $66.5282, One written put strike $57.8506 with a barrier level strike of $39.0492, Expires 08/15/14, Broker Citigroup, Inc.		757,573
	177,462	iShares MSCI EAFE Index Fund, One purchased call strike $56.35, One written call strike $67.62, One written put strike $56.35 with a barrier level strike of $36.63, Expires 08/15/14, Broker Credit Suisse Group AG		1,113,238
	174,767	iShares MSCI EAFE Index Fund, One purchased call strike $57.2191, One written call strike $65.8020, One written put strike $57.2191 with a barrier level strike of $37.1924, Expires 08/15/14, Broker Citigroup, Inc.		827,110
	173,220	iShares MSCI EAFE Index Fund, One purchased call strike $57.73, One written call strike $68.12, One written put strike $57.73 with a barrier level strike of $41.85, Expires 07/18/14, Broker Credit Suisse Group AG		892,994

Contracts/ Notional Amount ($)			Value
	259,023	iShares MSCI EAFE Index Fund, One purchased call strike $57.91, One written call strike $64.69, One written put strike $57.91 with a barrier level strike of $40.54, Expires 08/15/14, Broker UBS AG	$	1,191,940
	345,352	iShares MSCI EAFE Index Fund, One purchased call strike $57.912, One written call strike $67.77, One written put strike $57.912 with a barrier level strike of $40.54, Expires 08/15/14, Broker Goldman Sachs Group, Inc.		1,559,518
	170,329	iShares MSCI EAFE Index Fund, One purchased call strike $58.71, One written call strike $65.17, One written put strike $58.71 with a barrier level strike of $41.10, Expires 08/15/14, Broker UBS AG		516,736
	167,448	iShares MSCI EAFE Index Fund, One purchased call strike $59.72, One written call strike $69.28, One written put strike $59.72 with a barrier level strike of $41.80, Expires 09/19/14, Broker UBS AG		540,334
	164,799	iShares MSCI EAFE Index Fund, One purchased call strike $60.68, One written call strike $69.18, One written put strike $60,68 with a barrier level strike of $43.69, Expires 11/21/14, Broker UBS AG		328,354
	249,376	iShares MSCI EAFE Index Fund, One purchased call strike $60.75, One written put strike $54.74, Expires 03/21/14, Broker UBS AG		847,567
	249,367	iShares MSCI EAFE Index Fund, One purchased call strike $60.7538, One written put strike $55.9416, Expires 02/21/14, Broker Citigroup, Inc.		779,858
	243,704	iShares MSCI EAFE Index Fund, One purchased call strike $61.55, One written call strike $70.7825, One written put strike $61.55 with a barrier level strike of $43.085, Expires 09/19/14, Broker Goldman Sachs Group, Inc.		472,741
	409,165	iShares MSCI EAFE Index Fund, One purchased call strike $61.71, One written put strike $56.82, Expires 02/21/14, Broker UBS AG		924,845

Contracts/ Notional Amount ($)			Value
	238,398	iShares MSCI EAFE Index Fund, One purchased call strike $62.92, One written call strike $72.358, One written put strike $62.92 with a barrier level strike of $44.044, Expires 09/19/14, Broker Goldman Sachs Group, Inc.	$	261,746
	157,381	iShares MSCI EAFE Index Fund, One purchased call strike $63.54, One written call strike $73.07, One written put strike $63.54 with a barrier level strike of $46.38, Expires 10/17/14, Broker UBS AG		60,808
$	27,200,000	iShares MSCI EAFE Index Fund, One purchased call strike $66.8659, One written call strike $70.2092, One written put strike $66.8659 with a barrier level strike of $60.1793 ($10,000,000 notional amount), Expires 01/16/15, Broker Citigroup, Inc.(q)		(516,553	)
	269,408	iShares MSCI EAFE Index Fund, One purchased call strike $67.3922, One written call strike $71.3565, One written put strike $66.0708 with a barrier level strike of $59.4637 (151,353 contracts), Expires 06/20/14, Broker Goldman Sachs Group, Inc.(r)		(223,034	)
	169,627	iShares MSCI Emerging Markets ETF, One purchased call strike $41.267, One purchased put strike $43.33, One written put strike $41.267 with a barrier level strike of $37.14 (508,881 contracts), Expires 02/21/14, Broker BNP Paribas(r)		(211,311	)
	354,244	iShares MSCI Emerging Markets Index Fund, One purchased call strike $42.3437, One written call strike $48.6953, One written put strike $42.3437 with a barrier level strike of $30.9109, Expires 08/15/14, Broker Citigroup, Inc.		(975,086	)

Contracts/ Notional Amount ($)			Value
$	11,600,000	iShares MSCI Emerging Markets Index Fund, One purchased call strike $36.7112, One written call strike $39.6481, One written put strike $36.7112 with a barrier level strike of $23.8623 ($5,000,000 notional amount), Expires 12/23/14, Broker Citigroup, Inc.(q)	$	382,753
	134,553	iShares MSCI Emerging Markets Index Fund, One purchased call strike $37.16, One written call strike $42.73, One written put strike $37.16 with a barrier level strike of $23.41, Expires 08/15/14, Broker UBS AG		167,395
	132,240	iShares MSCI Emerging Markets Index Fund, One purchased call strike $37.81, One written call strike $43.48, One written put strike $37.81 with a barrier level strike of $23.82, Expires 09/19/14, Broker UBS AG		104,707
$	11,400,000	iShares MSCI Emerging Markets Index Fund, One purchased call strike $38.44, One written call strike $40.7464, One written put strike $38.44 with a barrier level strike of $34.596 ($5,000,000 notional amount), Expires 08/15/14, Broker JPMorgan Chase Bank(q)		(23,141	)
$	5,750,000	iShares MSCI Emerging Markets Index Fund, One purchased call strike $39.31, One written call strike $42.4548, One written put strike $38.5238 with a barrier level strike of $28.6963 ($2,500,000 notional amount), Expires 07/18/14, Broker Citigroup, Inc.(q)		40,981
	254,194	iShares MSCI Emerging Markets Index Fund, One purchased call strike $39.34, One written call strike $42.49, One written put strike $38.55 with a barrier level strike of $28.715 (127,097 contracts), Expires 07/18/14, Broker Goldman Sachs Group, Inc.(r)		51,950

Contracts/ Notional Amount ($)			Value
	126,390	iShares MSCI Emerging Markets Index Fund, One purchased call strike $39.56, One written call strike $46.29, One written put strike $39.56 with a barrier level strike of $29.67, Expires 08/15/14, Broker UBS AG	$	(81,104	)
	233,918	iShares MSCI Emerging Markets Index Fund, One purchased call strike $42.75, One written call strike $49.16, One written put strike $42.75 with a barrier level strike of $30.78, Expires 09/19/14, Broker UBS AG		(710,428	)
	233,504	iShares MSCI Emerging Markets Index Fund, One purchased call strike $42.8259, One written call strike $49.678, One written put strike $42.8259 with a barrier level strike of $29.122, Expires 12/19/14, Broker JPMorgan Chase Bank		(722,765	)
	348,691	iShares MSCI EMU ETF Index Fund, One purchased call strike $39.72, One written call strike $42.10, One written put strike $39.72 with a barrier level strike of $35.75 (125,881 contracts), Expires 07/18/14, Broker Credit Suisse Group AG(r)		(35,592	)
	476,070	iShares MSCI EMU ETF Index Fund, One purchased call strike $40.28, One written call strike $42.65, One written put strike $39.49 with a barrier level strike of $35.54 (126,614 contracts), Expires 12/19/14, Broker Credit Suisse Group AG(r)		(12,392	)
	322,191	iShares MSCI EMU ETF Index Fund, One purchased call strike $40.3487, One written call strike $42.7696, One written put strike $40.3487 with a barrier level strike of $36.3138 (123,920 contracts), Expires 01/16/15, Broker Goldman Sachs Group, Inc.(r)		(236,910	)

Contracts/ Notional Amount ($)			Value
	380,068	iShares MSCI EMU ETF Index Fund, One purchased call strike $41.44, One written call strike $43.93, One written put strike $41.44 with a barrier level strike of $37.30 (120,656 contracts), Expires 12/31/14, Broker Credit Suisse Group AG(r)	$	(267,388	)
	135,426	iShares MSCI Mexico Index Fund, One purchased call strike $73.8412, One written call strike $84.9174, One written put strike $73.8412 with a barrier level strike of $54.6425, Expires 10/17/14, Broker Citigroup, Inc.		(1,240,579	)
	120,327	iShares MSCI Mexico Index Fund, One purchased call strike $62.33, One written call strike $72.9261, One written put strike $62.33 with a barrier level strike of $43.631, Expires 10/17/14, Broker Goldman Sachs Group, Inc.		84,897
	118,427	iShares MSCI Mexico Index Fund, One purchased call strike $63.33, One written call strike $74.0961, One written put strike $63.33 with a barrier level strike of $42.4311, Expires 12/19/14, Broker Goldman Sachs Group, Inc.		(5,916	)
	112,613	iShares MSCI Mexico Index Fund, One purchased call strike $66.60, One written call strike $77.922, One written put strike $66.60 with a barrier level strike of $46.62, Expires 11/21/14, Broker Goldman Sachs Group, Inc.		(268,023	)
	73,503	iShares MSCI Mexico Index Fund, One purchased call strike $68.0243, One written call strike $78.9082, One written put strike $68.0243 with a barrier level strike of $47.617, Expires 11/21/14, Broker Citibank N.A.		(258,440	)
	137,269	iShares MSCI Mexico Index Fund, One purchased call strike $72.85, One written call strike $83.78, One written put strike $72.85 with a barrier level strike of $54.6375, Expires 07/18/14, Broker Goldman Sachs Group, Inc.		(1,012,648	)

Contracts/ Notional Amount ($)			Value
	214,341	iShares MSCI South Korea Index Fund, One purchased call strike $60.6511, One written call strike $63.6837, One written put strike $60.6511 with a barrier level strike of $54.586 (82,439 contracts), Expires 08/15/14, Broker Goldman Sachs Group, Inc.(r)	$	(107,143	)
$	11,300,000	iShares MSCI South Korea Index Fund, One purchased call strike $65.5857, One written call strike $68.8650, One written put strike $65.5857 with a barrier level strike of $59.0271 ($5,000,000 notional amount), Expires 05/16/14, Broker Citibank N.A. Expires 05/16/14, Broker Citibank N.A.(q)		(366,068	)
	27,208	Korea Stock Exchange KOSPI 200 Index , One purchased call strike $243.50, One purchased put strike $243.50 (20,534 contracts), One written put strike $54.82 on iShares MSCI South Korea Capped ETF with a barrier level strike of $38.374 (182,414 contracts), Expires 01/16/15, Broker Goldman Sachs Group, Inc.(r)		390,779
	53,312	Korea Stock Exchange KOSPI 200 Index , One purchased call strike $243.85, One purchased put strike $243.85 (41,009 contracts), One written put strike $55.03 on iShares MSCI South Korea Capped ETF with a barrier level strike of $38.521 (363,438 contracts), Expires 01/16/15, Broker Goldman Sachs Group, Inc.(r)		735,436
	41,412	Korea Stock Exchange KOSPI 200 Index , One purchased call strike $244.50, One purchased put strike $244.50 (30,675 contracts), One written put strike $55.43 on iShares MSCI South Korea Capped ETF with a barrier level strike of $38.80 (270,612 contracts), Expires 01/16/15, Broker Goldman Sachs Group, Inc.(r)		550,795

Contracts/ Notional Amount ($)			Value
	55,422	Korea Stock Exchange KOSPI 200 Index , One purchased call strike $247.20, One purchased put strike $247.20 (40,454 contracts), One written put strike $55.81 on iShares MSCI South Korea Capped ETF with a barrier level strike of $44.648 (358,358 contracts), Expires 02/13/15, Broker Goldman Sachs Group, Inc.(r)	$	598,723
$	10,125,000	Korea Stock Exchange KOSPI 200 Index, One purchased call strike $240.839474, One purchased put strike $240.839474 ($7,500,000 notional amount), One written put strike $54.656073 on iShares MSCI South Korea Capped ETF with a barrier level strike of $43.725 ($15,000,000 notional amount), Expires 03/20/15, Broker JPMorgan Chase Bank(q)		590,147
$	10,125,000	Korea Stock Exchange KOSPI 200 Index, One purchased call strike $242.54, One purchased put strike $242.54 ($7,500,000 notional amount), One written put strike $55.2353 on iShares MSCI South Korea Capped ETF with a barrier level strike of $43.084 ($15,000,000 notional amount), Expires 03/13/15, Broker JPMorgan Chase Bank(q)		572,462
$	13,500,000	Korea Stock Exchange KOSPI 200 Index, One purchased call strike $250.0589, One purchased put strike $250.0589 ($10,000,000 notional amount), One written put strike $56.705 on iShares MSCI South Korea Capped ETF with a barrier level strike of $45.364 ($20,000,000 notional amount), Expires 03/13/15, Broker JPMorgan Chase Bank(q)		410,261

Contracts/ Notional Amount ($)			Value
$	5,000,000	Korea Stock Exchange KOSPI 200 Index, One purchased call strike $261.4225, One written call strike $68.8445 on iShares MSCI South Korea Capped ETF, One written put strike $61.4683 with a barrier level strike of $49.1746 on iShares MSCI South Korea Capped ETF, Expires 03/20/15, Broker Citibank N.A.	$	(360,505	)
$	10,000,000	Korea Stock Exchange KOSPI 200 Index, One purchased call strike $261.62, One written call strike $69.0719 on iShares MSCI South Korea Capped ETF, One written put strike $61.6713 with a barrier level strike of $49.337 on iShares MSCI South Korea Capped ETF, Expires 03/20/15, Broker Citibank N.A		(727,616	)
	236,821	Market Vectors Oil Service ETF, One purchased call strike $42.226, One written call strike $47.7154, One written put strike $42.226 with a barrier level strike of $27.4469, Expires 09/19/14, Broker Goldman Sachs Group, Inc.		542,154
	367,002	Market Vectors Russia ETF, One purchased call strike $27.2478, One written call strike $31.6074, One written put strike $27.2478 with a barrier level strike of $19.0735, Expires 09/19/14, Broker Citigroup, Inc.		(378,120	)
	360,061	Market Vectors Russia ETF, One purchased call strike $27.7731, One written call strike $32.4945, One written put strike $27.7731 with a barrier level strike of $19.4412, Expires 10/17/14, Broker Citigroup, Inc.		(592,462	)
	610,005	Market Vectors Russia ETF, One purchased call strike $24.59, One written call strike $29.02, One written put strike $24.59 with a barrier level strike of $15.49, Expires 08/15/14, Broker Goldman Sachs Group, Inc.		693,650

Contracts/ Notional Amount ($)			Value
	199,675	Market Vectors Russia ETF, One purchased call strike $25.0407, One written call strike $28.7968, One written put strike $25.0407 with a barrier level strike of $16.276, Expires 09/19/14, Broker JPMorgan Chase Bank	$	159,559
	198,416	Market Vectors Russia ETF, One purchased call strike $25.1996, One written call strike $29.4835, One written put strike $25.1996 with a barrier level strike of $15.876, Expires 08/15/14, Broker JPMorgan Chase Bank		197,730
	378,215	Market Vectors Russia ETF, One purchased call strike $26.44, One written call strike $31.728, One written put strike $26.44 with a barrier level strike of $18.508, Expires 09/19/14, Broker Goldman Sachs Group, Inc.		(147,308	)
	187,829	Market Vectors Russia ETF, One purchased call strike $26.62, One written call strike $31.15, One written put strike $26.62 with a barrier level strike of $17.30, Expires 10/17/14, Broker UBS AG		(19,720	)
	376,006	Market Vectors Russia ETF, One purchased call strike $28.59, One written call strike $30.31, One written put strike $28.59 with a barrier level strike of $25.73 (174,886 contracts), Expires 03/21/14, Broker Credit Suisse Group AG(r)		(413,939	)
	433,437	Market Vectors Russia ETF, One purchased call strike $29.07, One written call strike $30.81, One written put strike $29.07 with a barrier level strike of $26.16 (171,999 contracts), Expires 05/16/14, Broker Credit Suisse Group AG(r)		(498,375	)
	169,023	Market Vectors Russia ETF, One purchased call strike $29.5817, One written call strike $34.3148, One written put strike $29.5817 with a barrier level strike of $19.2281, Expires 03/20/15, Broker Goldman Sachs Group, Inc.		(594,604	)

Contracts/ Notional Amount ($)			Value
$	30,000,000	MSCI EAFE Index, One purchased call strike $1,641.42, One written put strike $1,641.42 with a barrier level strike of $1,329.55, Expires 03/31/14, Broker Goldman Sachs Group, Inc.	$	2,158,496
	35,471	MSCI Singapore Free Index, One purchased call strike $358.0345, One written call strike $375.9362, One written put strike $358.0345 with a barrier level strike of $322.2311 (1,777,999 contracts), Expires 01/16/15, Broker BNP Paribas(r)		(370,057	)
	8,310	Russell 2000 Index, One purchased call strike $1,098.1954, One written call strike $1,153.1052, One written put strike $1,098.1954 with a barrier level strike of $988.3759 (4,553 contracts), Expires 05/16/14, Broker Goldman Sachs Group, Inc.(r)		139,524
	12,108	Russell 2000 Index, One purchased call strike $1,102.58, One written call strike $1,157.71, One written put strike $1,102.58 with a barrier level strike of $992.32 (6,802 contracts), Expires 04/17/14, Broker Credit Suisse Group AG (r)		248,681
$	18,800,000	Russell 2000 Index, One purchased call strike $1,105.16, One written call strike $1,215.676, One written put strike $1,105.16 with a barrier level strike of $994.644 ($10,000,000 notional amount), Expires 12/19/14, Broker Citigroup, Inc.(q)		248,784
	6,736	Russell 2000 Index, One purchased call strike $1,113.40, One purchased put strike $1,169.07, One written put strike $1,113.40 with a barrier level strike of $1,002.06 (798,750 contracts), Expires 06/20/14, Broker BNP Paribas(r)		160,269

Contracts/ Notional Amount ($)			Value
$	9,700,000	Russell 2000 Index, One purchased call strike $1,125.9547, One written call strike $1,193.512, One written put strike $1,125.9547 with a barrier level strike of $1,013.3592 ($5,000,000 notional amount), Expires 07/18/14, Broker Citigroup, Inc.(q)	$	49,585
	10,921	Russell 2000 Index, One purchased call strike $915.68, One written call strike $1,062.19, One written put strike $915.68 with a barrier level strike of $659.29, Expires 09/19/14, Broker UBS AG		1,141,834
	10,676	Russell 2000 Index, One purchased call strike $936.65, One written call strike $1,077.15, One written put strike $936.65 with a barrier level strike of $702.4875, Expires 08/15/14, Broker Goldman Sachs Group, Inc.		1,039,931
	10,618	Russell 2000 Index, One purchased call strike $941.80, One written call strike $1,083.07, One written put strike $941.80 with a barrier level strike of $659.26, Expires 08/15/14, Broker UBS AG		1,064,046
	10,536	Russell 2000 Index, One purchased call strike $949.1365, One written call strike $1,082.0156, One written put strike $949.1365 with a barrier level strike of $692.87, Expires 08/15/14, Broker JPMorgan Chase Bank		962,819
	3,094	S&P 500 Index, One purchased call strike $1,616.20, One written call strike $1,810.144, One written put strike $1,616.20 with a barrier level strike of $1,179.826, Expires 09/19/14, Broker Citigroup, Inc.		315,094

Contracts/ Notional Amount ($)			Value
$	15,100,000	S&P 500 Index, One purchased call strike $1,789.8608, One written put strike $38.1726 on iShares MSCI Emerging Markets Index Fund with a barrier level strike of $33.5919 ($10,000,000 notional amount), Expires 12/19/14, Broker Citigroup, Inc.(q)	$	(50,151	)
$	10,000,000	S&P 500 Index, One purchased call strike $1,790.45, One written put strike $1,790.45 with a barrier level strike of $1,594.40, Expires 11/21/14, Broker Citigroup, Inc.		(62,165	)
$	5,375,000	S&P 500 Index, One purchased call strike $1,795.30, One written put strike $1,745.7454 with a barrier level strike of $1,615.77 ($5,000,000 notional amount), Expires 01/16/15, Broker Citigroup, Inc.(q)		(46,011	)
$	5,000,000	S&P 500 Index, One purchased call strike at $1,650.2144, One written call strike $1,864.7422, One written put strike $47.6938 on WisdomTree Japan Hedged Equity Fund with a barrier level strike at $33.3857, Expires 07/18/14, Broker Citigroup, Inc.		284,117
$	21,800,000	S&P 500 Index, One purchased call strike at $1,659.9035, One written call strike $1,859.0919, One written put strike $61.3945 on SPDR S&P Oil & Gas Exploration & Production ETF with a barrier level strike at $41.7483 ($10,000,000 notional amount), Expires 07/18/14, Broker Citigroup, Inc.		1,335,232
	6,999	S&P 500 Index, One purchased call strike $1,428.75, One written call strike $1,600.20 One written put strike $1,428.75 with a barrier level strike of $1,071.56, Expires 05/16/14, Broker UBS AG		1,095,597
	6,999	S&P 500 Index, One purchased call strike $1,428.75, One written call strike $1,600.20, One written put strike $1,428.75 with a barrier level strike of $1,071.56, Expires 05/16/14, Broker Goldman Sachs Group, Inc.		(1,089,525	)

Contracts/ Notional Amount ($)			Value
	13,222	S&P 500 Index, One purchased call strike $1,512.57, One written put strike $1,512.57 with a barrier level strike of $1,058.799, Expires 02/27/14, Broker JPMorgan Chase Bank	$	(4,338	)
	6,435	S&P 500 Index, One purchased call strike $1,554.10, One written call strike $1,756.13, One written put strike $1,554.10 with a barrier level strike of $1,134.49, Expires 08/15/14, Broker UBS AG		883,920
	3,147	S&P 500 Index, One purchased call strike $1,588.75, One written call strike $1,842.95, One written put strike $1,588.75 with a barrier level strike of $1,175.68, Expires 08/15/14, Broker UBS AG		473,504
	9,370	S&P 500 Index, One purchased call strike $1,600.80, One written call strike $1,840.92, One written put strike $1,600.80 with a barrier level strike of $1,200.60, Expires 09/19/14, Broker Goldman Sachs Group, Inc.		1,212,406
	3,086	S&P 500 Index, One purchased call strike $1,620.22, One written call strike $1,798.45, One written put strike $1,620.22 with a barrier level strike of $1,198.97, Expires 09/19/14, Broker Credit Suisse Group AG		293,212
	12,319	S&P 500 Index, One purchased call strike $1,623.45, One written call strike $1,834.4985, One written put strike $1,623.45 with a barrier level strike of $1,201.353, Expires 10/17/14, Broker JPMorgan Chase Bank		1,248,997
	9,186	S&P 500 Index, One purchased call strike $1,632.87, One written call strike $1,894.1292, One written put strike $1,632.87 with a barrier level strike of $1,208.324, Expires 10/17/14, Broker JPMorgan Chase Bank		1,069,744

Contracts/ Notional Amount ($)			Value
	3,054	S&P 500 Index, One purchased call strike $1,637.2681, One written call strike $1,882.8583, One written put strike $1,637.2681 with a barrier level strike of $1,146.0877, Expires 02/20/15, Broker Goldman Sachs Group, Inc.	$	271,051
	9,143	S&P 500 Index, One purchased call strike $1,640.70, One written call strike $1,870.40, One written put strike $1,640.70 with a barrier level strike of $1,197.711, Expires 11/21/14, Broker Goldman Sachs Group, Inc.		866,174
	12,148	S&P 500 Index, One purchased call strike $1,646.55, One written call strike $1,844.136 (6,074 contracts), One written put strike $53.4765 on WisdomTree Japan Hedged Equity Fund with a barrier level strike of $38.1975 (196,348 contracts), Expires 06/30/14, Broker Goldman Sachs Group, Inc.(r)		1,132,139
	12,091	S&P 500 Index, One purchased call strike $1,654.16, One written call strike $1,918.82, One written put strike $1,654.16 with a barrier level strike of $1,273.70, Expires 11/21/14, Broker Credit Suisse Group AG		1,155,018
	6,044	S&P 500 Index, One purchased call strike $1,654.70, One written call strike $1,869.811, One written put strike $1,654.70 with a barrier level strike of $1,207.931, Expires 10/17/14, Broker Goldman Sachs Group, Inc.		544,349
	12,087	S&P 500 Index, One purchased call strike $1,654.70, One written call strike $1,886.358, One written put strike $1,654.70 with a barrier level strike of $1,257.572, Expires 11/21/14, Broker Goldman Sachs Group, Inc.		1,004,668

Contracts/ Notional Amount ($)			Value
	9,057	S&P 500 Index, One purchased call strike $1,656.24, One written call strike $1,854.99 (6,038 contracts), One written put strike $33.60 on SPDR S&P Homebuilders ETF with a barrier level strike of $22.40 (312,500 contracts), Expires 07/18/14, Broker UBS AG(r)	$	904,468
	9,056	S&P 500 Index, One purchased call strike $1,656.375, One written call strike $1,855.14 (6,037 contracts), One written put strike $33.6205 (312,310 contracts) on SPDR S&P Homebuilders ETF with a barrier level strike of $22.414, Expires 07/18/14, Broker JPMorgan Chase Bank(r)		921,065
	18,106	S&P 500 Index, One purchased call strike $1,657.00, One written call strike $1,855.84 (9,053 contracts), One written put strike $54.348 on WisdomTree Japan Hedged Equity Fund with a barrier level strike of $38.82 (289,800 contracts), Expires 06/30/14, Broker Goldman Sachs Group, Inc.(r)		1,442,567
	3,016	S&P 500 Index, One purchased call strike $1,657.56, One written call strike $1,873.04, One written put strike $1,657.56 with a barrier level strike of $1,210.02, Expires 10/17/14, Broker UBS AG		263,946
	18,097	S&P 500 Index, One purchased call strike $1,657.7316, One written call strike $1,856.6594 (12,065 contracts), One written put strike $53.6198 on WisdomTree Japan Hedged Equity Fund with a barrier level strike of $35.7466 (391,646 contracts), Expires 08/15/14, Broker Goldman Sachs Group, Inc.(r)		1,318,995
	9,016	S&P 500 Index, One purchased call strike $1,680.29, One written put strike $1,547.19, Expires 02/21/14, Broker Citibank N.A.		938,457

Contracts/ Notional Amount ($)			Value
	4,447	S&P 500 Index, One purchased call strike $1,686.50, Expires 02/21/14, One written put strike $44.80 on WisdomTree Japan Hedged Equity Fund with a barrier level strike of $27.776 (167,411 contracts), Expires 10/17/14, Broker Goldman Sachs Group, Inc.(r)	$	336,049
	14,689	S&P 500 Index, One purchased call strike $1,701.98, One written put strike $1,059.8375 on Russell 2000 Index with a barrier level strike of $911.46 (23,589 contracts), Expires 04/17/14, Broker JPMorgan Chase Bank (r)		1,219,790
	22,902	S&P 500 Index, One purchased call strike $1,742.23, One written call strike $1,829.34, One written put strike $1,742.23 with a barrier level strike of $1,568.01 (17,219 contracts), Expires 04/17/14, Broker Credit Suisse Group AG (r)		768,522
	25,982	S&P 500 Index, One purchased call strike $1,743.54, One written call strike $1,830.717, One written put strike $1,743.54 with a barrier level strike of $1,569.186 (17,206 contracts), Expires 05/16/14, Broker JPMorgan Chase Bank (r)		725,145
$	8,050,000	S&P 500 Index, One purchased call strike $1,745.7454, One written call strike $1,833.0327, One written put strike $1,745.7454 with a barrier level strike of $1,588.6283 ($5,000,000 notional amount), Expires 05/16/14, Broker Citibank N.A.(q)		117,161
	10,774	S&P 500 Index, One purchased call strike $1,763.53, One written call strike $1,869.34, One written put strike $1,763.53 with a barrier level strike of $1,587.18 (5,670 contracts), Expires 07/18/14, Broker Credit Suisse Group AG (r)		249,915

Contracts/ Notional Amount ($)			Value
	5,625	S&P 500 Index, One purchased call strike $1,778.0724, One written put strike $1,778.0724 with a barrier level strike of $1,638.1381, Expires 08/15/14, Broker Goldman Sachs Group, Inc.	$	3,885
	4,718	S&P 500 Index, One purchased call strike $1,780.38, One written call strike $1,905.0066, One written put strike $1,780.38 with a barrier level strike of $1,602.342 (2,808 contracts), Expires 09/19/14, Broker JPMorgan Chase Bank(r)		38,961
	7,254	S&P 500 Index, One purchased call strike $1,788.76, One written call strike $1,896.09, One written put strike $1,788.76 with a barrier level strike of $1,609.88 (4,193 contracts), Expires 08/15/14, Broker Credit Suisse Group AG(r)		42,079
	8,108	S&P 500 Index, One purchased call strike $1,825.35, One written call strike $2,007.89, One written put strike $1,825.35 with a barrier level strike of $1,697.58 (5,478 contracts), Expires 12/19/14, Broker Credit Suisse Group AG(r)		(231,292	)
	32,532	S&P 500 Index, One purchased call strike $1,844.35, One written put strike $1,844.35 with a barrier level strike of $1,677.44, Expires 10/17/14, Broker Credit Suisse Group AG		(1,841,842	)
	5,947	S&P 500 Index, One purchased call strike at $1,681.50, Expires 02/21/14, One written put strike $45.9757 on WisdomTree Japan Hedged Equity Fund with a barrier level strike at $28.5049 (217,506 contracts), Expires 10/17/14, Broker Citigroup, Inc.(r)		436,980
	6,435	S&P 500 Index, One written call strike $1,554.10, One purchased call strike $1,756.13, One purchased put strike $1,554.10 with a barrier level strike of $1,134.49, Expires 08/15/14, Broker Goldman Sachs Group, Inc.		(876,486	)

Contracts/ Notional Amount ($)			Value
	32,795	SPDR Dow Jones Industrial Average ETF Trust, One purchased call strike $152.46, One purchased put strike $152.46, One written put strike $91.0135 on iShares iBoxx High Yield Corporate Bond ETF with a barrier level strike of $77.361 (109,874 contracts), Expires 06/20/14, Broker JPMorgan Chase & Co.	$	324,110
	64,927	SPDR Dow Jones Industrial Average ETF Trust, One purchased call strike $154.02, One written put strike $221.8135 (45,083 contracts) on SPDR S&P MidCap 400 ETF Trust with a barrier level strike of $186.989, Expires 04/08/14, Broker JPMorgan Chase & Co.(r)		357,313
	323,394	SPDR Dow Jones Industrial Average ETF Trust, One purchased call strike $154.61, One written put strike $143.785, Expires 02/21/14, Broker Goldman Sachs Group, Inc.		998,974
$	6,500,001	SPDR Dow Jones Industrial Average ETF Trust, One purchased call strike $156.73, One written put strike $58.82 on iShares MSCI South Korea Index Fund with a barrier level strike of $52.938 ($5,000,000 notional amount), Expires 06/20/14, Broker JPMorgan Chase & Co.(q)		(73,330	)
	215,301	SPDR S&P Dividend ETF , One purchased call strike $69.67, One written call strike $1,857.8622 on S&P 500 Index, One written put strike $63.5775 on SPDR S&P Oil & Gas Exploration & Production ETF with a barrier level strike of $39.3575, Expires 06/30/14, Broker Goldman Sachs Group, Inc. with a barrier level strike of $39.3575 (165,153 contracts), Expires 06/30/14, Broker Goldman Sachs Group, Inc.		334,662

Contracts/ Notional Amount ($)			Value
	317,619	SPDR S&P Dividend ETF , One purchased call strike $69.895, One written call strike $1,780.2069 on S&P Index, One written put strike $64.1729 on SPDR S&P Oil & Gas Exploration & Production ETF with a barrier level strike of $42.7819, with a barrier level strike of $42.7819 (163,621 contracts), Expires 07/18/14, Broker Goldman Sachs Group, Inc.	$	297,778
	331,658	SPDR S&P Homebuilders ETF, One purchased call strike $30.1515, One written call strike $34.0712, One written put strike $30.1515 with a barrier level strike of $21.7091, Expires 07/18/14, Broker Citigroup, Inc.		443,095
	617,431	SPDR S&P Homebuilders ETF, One purchased call strike $32.3923, One written call strike $35.6315, One written put strike $32.3923 with a barrier level strike of $19.4354, Expires 01/16/15, Broker Citigroup, Inc.		(272,747	)
	359,998	SPDR S&P Homebuilders ETF, One purchased call strike $27.7779, One written call strike $33.3335, One written put strike $27.7779 with a barrier level strike of $19.4450, Expires 06/20/14, Broker JPMorgan Chase Bank		1,074,670
	339,055	Taiwan Stock Exchange Weighted Index, One purchased call strike $8,612.54, One written call strike $14.7487 on iShares MSCI Taiwan ETF Fund (6,941,280 contracts), One written put strike $14.0464 on iShares MSCI Taiwan ETF Fund with a barrier level strike Expires 01/05/15, Broker Goldman Sachs Group, Inc.(r)		(266,234	)

Contracts/ Notional Amount ($)			Value
	8,966	TOPIX 100 Index, One purchased call strike $1,115.29, One written call strike $1,260.28, One written put strike $934.20 on Russell 2000 Index with a barrier level strike of $700.65 (10,704 contracts), Expires 08/15/14, Broker Goldman Sachs Group, Inc.(r)	$	618,427
	8,868	TOPIX 100 Index, One purchased call strike $1,127.60, One written call strike $1,296.74, One written put strike $1,570.70 on S&P 500 Index with a barrier level strike of $1,178.025 (6,367 contracts), Expires 08/15/14, Broker Goldman Sachs Group, Inc.(r)		672,973
	17,540	TOPIX 100 Index, One purchased call strike $1,140.26, One written call strike $1,311.299, One written put strike $949.35 on Russell 2000 Index with a barrier level strike of $712.00 (21,067 contracts), Expires 08/15/14, Broker Goldman Sachs Group, Inc.(r)		1,202,917
	13,055	TOPIX 100 Index, One purchased call strike $1,148.97, One written call strike $1,321.32, One written put strike $1,563.83 on S&P 500 Index with a barrier level strike of $1,172.87 (9,592 contracts), Expires 09/19/14, Broker Goldman Sachs Group, Inc.(r)		863,620
	8,696	TOPIX 100 Index, One purchased call strike $1,150.00, One written call strike $1,357.00, One written put strike $1,581.18 on S&P 500 Index with a barrier level strike of $1,185.85 (6,325 contracts), Expires 09/19/14, Broker Goldman Sachs Group, Inc.(r)		647,020
	8,416	TOPIX 100 Index, One purchased call strike $1,188.34, One written call strike $1,427.00, One written put strike $980.30 on Russell 2000 Index with a barrier level strike of $725.422 (10,201 contracts), Expires 07/18/14, Broker Goldman Sachs Group, Inc.(r)		529,390

Contracts/ Notional Amount ($)			Value
	11,952	TOPIX 100 Index, One purchased call strike $1,255.00, One written call strike $1,568.75, One written put strike $986.55 on Russell 2000 Index with a barrier level strike of $739.9125 (15,205 contracts), Expires 10/17/14, Broker Goldman Sachs Group, Inc.(r)	$	389,283
	7,727	TOPIX 100 Index, One purchased call strike $1,294.17, One written call strike $1,514.18, One written put strike $907.50 on Russell 2000 Index with a barrier level strike of $630.712 (11,019 contracts), Expires 08/15/14, Broker Goldman Sachs Group, Inc.(r)		824,663
	10,661	TOPIX 100 Index, One purchased call strike $1,407.00, One written call strike $1,688.40, One written put strike $988.15 on Russell 2000 Index with a barrier level strike of $741.00 (15,180 contracts), Expires 10/17/14, Broker Goldman Sachs Group, Inc.(r)		605,340
$	10,000,000	TOPIX Index, One purchased call strike $1,080.30, One written call strike $1,242.345, One written put strike $1,558.85 on S&P 500 Index with a barrier level strike of $1,200.315, Expires 07/11/14, Broker JPMorgan Chase Bank		872,193
	6,332	TOPIX Index, One purchased call strike $1,359.60, One written call strike $1,563.54, One written put strike $1,579.31 on S&P 500 Index with a barrier level strike of $1,184.48, Expires 09/19/14, Broker UBS AG		586,923
$	14,200,000	USD/CAD foreign exchange rate, One purchased call strike $1.07, One written call strike $1.13, One written put strike $1.065 with a barrier level strike of $1.03 ($10,000,000 notional amount), Expires 12/31/14, Broker JPMorgan Chase Bank(q)		358,846

Contracts/ Notional Amount ($)			Value
$	14,000,000	USD/CAD foreign exchange rate, One purchased call strike $1.075, One written call strike $1.125, One written put strike $1.0585 with a barrier level strike of $1.005 ($10,000,000 notional amount), Expires 11/26/14, Broker Goldman Sachs Group, Inc.(q)	$	296,745
$	7,600,000	USD/CAD foreign exchange rate, One purchased call strike $1.075, One written call strike $1.125, One written put strike $1.0585 with a barrier level strike of $1.005 ($5,000,000 notional amount), Expires 11/26/14, Broker JPMorgan Chase Bank(q)		173,788
$	7,400,000	USD/CAD foreign exchange rate, One purchased call strike $1.0752, One written call strike $1.1323, One written put strike $1.0644 with a barrier level strike of $1.0137 ($5,000,000 notional amount), Expires 12/08/14, Broker JPMorgan Chase Bank(q)		180,063
$	66,500,000	USD/EUR foreign exchange rate, One purchased call strike $1.33, One written put strike $1.33, Expires 10/06/14, Broker Goldman Sachs Group, Inc.		1,303,846
$	17,200,000	USD/EUR foreign exchange rate, One purchased call strike $1.37, One written call strike $1.28, One written put strike $1.375 with a barrier level strike of $1.42 ($10,000,000 notional amount), Expires 12/15/14, Broker Goldman Sachs Group, Inc.(q)		195,111
$	17,300,000	USD/EUR foreign exchange rate, One purchased call strike $1.375, One written call strike $1.29, One written put strike $1.3805 with a barrier level strike of $1.425 ($10,000,000 notional amount), Expires 12/02/14, Broker Goldman Sachs Group, Inc.(q)		227,541

Contracts/ Notional Amount ($)			Value
$	25,000,000	USD/RUB foreign exchange rate, One purchased call strike $34.31, One written put strike $36.30, Expires 04/25/14, Broker Goldman Sachs Group, Inc.	$	(294,397	)
$	15,000,000	Vanguard FTSE Europe ETF, One purchased call strike $53.9039, One written call strike $63.6066, One written put strike $53.9039 with a barrier level strike of $37.7327, Expires 02/20/15, Broker Citibank N.A.		421,839
$	5,000,000	Vanguard FTSE Europe ETF, One purchased call strike $53.963, One written call strike $62.5971, One written put strike $53.963 with a barrier level strike of $37.7741, Expires 12/19/14, Broker Citibank N.A.		170,938
$	15,000,000	Vanguard FTSE Europe ETF, One purchased call strike $54.5083, One written call strike $62.6846, One written put strike $54.5083 with a barrier level strike of $39.246, Expires 12/19/14, Broker Citibank N.A.		434,557
	360,234	Vanguard FTSE Europe ETF, One purchased call strike $55.5194, One written call strike $63.8473, One written put strike $55.5194 with a barrier level strike of $38.864, Expires 01/16/15, Broker JPMorgan Chase Bank		53,248
	178,432	Vanguard FTSE Europe ETF, One purchased call strike $56.0437, One written call strike $65.5711, One written put strike $56.0437 with a barrier level strike of $39.791, Expires 03/20/15, Broker Goldman Sachs Group, Inc.		87,014
	298,216	Vanguard FTSE Europe ETF, One purchased call strike $57.0058, One written call strike $60.4261, One written put strike $57.0058 with a barrier level strike of $51.8753 (175,421 contracts), Expires 06/20/14, Broker Goldman Sachs Group, Inc.(r)		5,077

Contracts/ Notional Amount ($)			Value
	231,433	Vanguard FTSE Europe ETF, One purchased call strike $58.51, One written call strike $61.95, One written put strike $57.36 with a barrier level strike of $51.62 (130,753 contracts), Expires 05/16/14, Broker Credit Suisse Group AG (r)	$	(36,593	)
$	15,800,000	Vanguard FTSE Europe ETF, One purchased call strike $58.7115, One written put strike $58.7115 with a barrier level strike of $52.84 ($10,000,000 notional amount), Expires 10/17/14, Broker JPMorgan Chase Bank(q)		(362,596	)
	221,603	WisdomTree Japan Hedged Equity Fund, One purchased call strike $45.1258, One written call strike $52.3459, One written put strike $45.1258 with a barrier level strike of $27.978, Expires 11/21/14, Broker Goldman Sachs Group, Inc.		492,513
	218,293	WisdomTree Japan Hedged Equity Fund, One purchased call strike $45.81, One written call strike $53.1396, One written put strike $45.81 with a barrier level strike of $32.067, Expires 12/19/14, Broker Goldman Sachs Group, Inc.		299,196
	106,193	WisdomTree Japan Hedged Equity Fund, One purchased call strike $47.084, One written call strike $54.1466, One written put strike $47.084 with a barrier level strike of $31.546, Expires 03/20/15, Broker JPMorgan Chase Bank		104,554
	210,128	WisdomTree Japan Hedged Equity Fund, One purchased call strike $47.59, One written call strike $55.68, One written put strike $47.59 with a barrier level strike of $32.36, Expires 01/16/15, Broker UBS AG		19,031

Contracts/ Notional Amount ($)			Value
	209,461	WisdomTree Japan Hedged Equity Fund, One purchased call strike $47.7416, One written call strike $55.3803, One written put strike $47.7416 with a barrier level strike of $32.942, Expires 02/20/15, Broker JPMorgan Chase Bank	$	152,511
	208,943	WisdomTree Japan Hedged Equity Fund, One purchased call strike $47.86, One written call strike $56.47, One written put strike $47.86 with a barrier level strike of $33.50, Expires 03/20/15, Broker UBS AG		(116,637	)
	104,232	WisdomTree Japan Hedged Equity Fund, One purchased call strike $47.97, One written call strike $56.12, One written put strike $47.97 with a barrier level strike of $32.62, Expires 07/18/14, Broker UBS AG		98,295
	204,583	WisdomTree Japan Hedged Equity Fund, One purchased call strike $48.88, One written call strike $57.68, One written put strike $48.88 with a barrier level strike of $35.19, Expires 02/20/15, Broker UBS AG		(333,136	)
	203,253	WisdomTree Japan Hedged Equity Fund, One purchased call strike $49.20, One written call strike $57.564, One written put strike $49.20 with a barrier level strike of $36.408, Expires 10/17/14, Broker Goldman Sachs Group, Inc.		(167,601	)
	302,115	WisdomTree Japan Hedged Equity Fund, One purchased call strike $49.65, One written call strike $59.58, One written put strike $49.65 with a barrier level strike of $34.76, Expires 10/17/14, Broker UBS AG		(168,521	)
	200,945	WisdomTree Japan Hedged Equity Fund, One purchased call strike $49.7649, One written call strike $58.2249, One written put strike $49.7649 with a barrier level strike of $34.8354, Expires 04/17/15, Broker Goldman Sachs Group, Inc.		(343,358	)

Contracts/ Notional Amount ($)			Value
	249,634	WisdomTree Japan Hedged Equity Fund, One purchased call strike $50.0733, One written call strike $54.0792, One written put strike $50.0733 with a barrier level strike of $45.066 (99,854 contracts), Expires 10/17/14, Broker Goldman Sachs Group, Inc.(r)	$	(226,554	)
$	16,588,600	WisdomTree Japan Hedged Equity Fund, One purchased call strike $50.1098, One written call strike $53.1164, One written put strike $50.1098 with a barrier level strike of $45.0988 ($5,740,000 notional amount), Expires 08/15/14, Broker Citigroup, Inc.(q)		(228,613	)
	198,137	WisdomTree Japan Hedged Equity Fund, One purchased call strike $50.47, One written call strike $63.09, One written put strike $50.47 with a barrier level strike of $37.85, Expires 11/21/14, Broker UBS AG		(388,052	)
	113,173	WisdomTree Japan Hedged Equity Fund, One purchased put strike $44.18 with a barrier level strike of $27.83, Expires 09/19/14, Broker Citigroup, Inc.		66,892
	104,800	WisdomTree Japan Hedged Equity Fund, One written put strike $47.71 with a barrier level strike of $29.58, Expires 09/19/14, Broker Goldman Sachs Group, Inc.		(92,749	)
	104,210	WisdomTree Japan Hedged Equity Fund, One written put strike $47.98 with a barrier level strike of $28.788, Expires 09/19/14, Broker Goldman Sachs Group, Inc.		(83,418	)
Total Structured Options (Premiums received $(23,970,060))				69,473,591

FUTURES CONTRACTS: LONG POSITION

Contracts			Unrealized Appreciation/ (Depreciation)
	64	Chicago Board of Trade E-Mini Dow Futures, March 2014	$	(4,640	)
	113	Chicago Mercantile Exchange E-Mini S&P 500 Futures, March 2014		51,140
		Net unrealized appreciation	$	46,500


	Unrealized Appreciation/ (Depreciation)
SWAP AGREEMENTS (PURCHASED)
Equity swap with Goldman Sachs Group, Inc. paying total return of the WisdomTree Japan Hedged Equity Fund over the initial equity level of 47.6991 including dividends and receiving total return of the WisdomTree Japan Hedged Equity Fund under the initial equity level of 47.6991 and receiving a floating amount based on 1-month LIBOR, expiring 06/03/14 (Underlying notional amount $20,033,622) (Cost $12,600)	$	340,772
Equity swap with UBS AG receiving variance of the S&P 500 Index over the target volatility of 28.60 and paying variance of the S&P 500 Index under the target volatility of 28.60, expiring 12/18/15 (Underlying notional amount $500,000)		(4,576,280	)
Volatility swap with Goldman Sachs International receiving an amount if the volatility of USD/EUR foreign exchange rate is over 8.35% and paying an amount if the volatility of USD/EUR foreign exchange rate is under 8.35%, expiring 03/12/14, (Underlying Vega amount $250,000)		(377,805	)
Volatility swap with Goldman Sachs International receiving an amount if the volatility of USD/EUR foreign exchange rate is over 8.35% and paying an amount if the volatility of USD/EUR foreign exchange rate is under 8.35%, expiring 03/20/14, (Underlying Vega amount $250,000)		(358,698	)

	Unrealized Appreciation/ (Depreciation)
Volatility swap with Goldman Sachs International receiving an amount if the volatility of USD/EUR foreign exchange rate is over 8.55% and paying an amount if the volatility of USD/EUR foreign exchange rate is under 8.55%, expiring 02/20/14, (Underlying Vega amount $250,000)	$	(446,624	)
Volatility swap with Goldman Sachs International receiving an amount if the volatility of USD/EUR foreign exchange rate is over 8.75% and paying an amount if the volatility of USD/EUR foreign exchange rate is under 8.75%, expiring 02/17/14, (Underlying Vega amount $500,000)		(985,568	)
Volatility swap with JPMorgan Chase & Co. receiving an amount if the volatility of USD/EUR foreign exchange rate is over 8.80% and paying an amount if the volatility of USD/EUR foreign exchange rate is under 8.80%, expiring 02/17/14, (Underlying Vega amount $250,000)		(523,652	)
Volatility swap with UBS AG receiving an amount if the volatility of USD/EUR foreign exchange rate is over 8.60% and paying an amount if the volatility of USD/EUR foreign exchange rate is under 8.60%, expiring 02/17/14, (Underlying Vega amount $250,000)		(480,069	)
	$	(7,407,924	)

		Unrealized Appreciation/ (Depreciation)
SWAP AGREEMENTS (WRITTEN)
Dividend swap with BNP Paribas SA receiving a payment if the dividends on the stocks in the STOXX50E Index are over the target value of 139 Euro and paying a payment if the dividends on the stocks in the STOXX50E Index are under the target value of 139 Euro, expiring 12/18/15 (Underlying notional amount Euro 100,000)(s)	$	(3,772,717	)

	Unrealized Appreciation/ (Depreciation)
Equity swap with Goldman Sachs Group, Inc. paying total return of the WisdomTree Japan Hedged Equity Fund over the initial equity level of 44.1882 including dividends and receiving total return of the WisdomTree Japan Hedged Equity Fund under the initial equity level of 44.1882 and receiving a floating amount based on 1-month LIBOR, expiring 06/01/14 (Underlying notional amount $15,068,176) (Cost $10,230)	$	1,359,103
Equity swap with Goldman Sachs Group, Inc. paying total return of the WisdomTree Japan Hedged Equity Fund over the initial equity level of 44.9581 and receiving total return of the WisdomTree Japan Hedged Equity Fund under the initial equity level of 44.9581, expiring 06/03/20 (Underlying notional amount $15,038,484)		1,333,197
Interest rate swap with JPMorgan Chase & Co. receiving a fixed rate of 3.018% and paying a floating rate based on 3-month LIBOR, expiring 08/22/23 (Underlying notional amount $15,940,000)		(795,952	)
Interest rate swap with JPMorgan Chase & Co. receiving a fixed rate of 3.848% and paying a floating rate based on 3-month LIBOR, expiring 08/22/43 (Underlying notional amount $9,110,000)		(762,914	)
Variance swap with JPMorgan Chase & Co. paying variance of the S&P 500 Index over the target volatility of 33.05 and receiving variance of the S&P 500 Index under the target volatility of 33.05, expiring 12/18/15 (Underlying Vega amount $500,000)		5,851,466
Variance swap with JPMorgan Chase & Co. paying variance of the S&P 500 Index over the target volatility of 33.05 and receiving variance of the S&P 500 Index under the target volatility of 33.05, expiring 12/20/19 (Underlying Vega notional amount $500,000)		4,471,791
	$	7,683,974

At January 31, 2014, the Strategic Opportunities Fund held investments in restricted securities with a fair value of $3,600,000 or 0.07% of net assets, as follows:

Acquisition Cost			Issuer		Acquisition Date		01/31/14 Carrying Value Per Unit
$	12,125,000		ShengdaTech, Inc., Cnv.(b)(c)(d)(e)(g)		01/19/11			$30.00

(a)	Cost for federal income tax purposes is $5,148,428,050 and net unrealized appreciation of investments is as follows:

Unrealized appreciation	$249,747,544
Unrealized depreciation	(86,389,566	)
Net unrealized appreciation	$163,357,978


(b)	Non-income producing security.
(c)	This security is considered either fully or partially illiquid. These securities, or portions thereof have a value of $49,876,780 or 0.93% of net assets. Included in this amount are securities which are also exempt from registration under Rule 144A of the Securities Act of 1933, as amended (see (f) below) that amount to $7,771,000 or 0.15% of net assets.
(d)	Fair valued security under procedures established by the Fund’s Board of Directors. The aggregate value of fair valued securities is $6,088,438, which is 0.11% of net assets.
(e)	Issuer filed for bankruptcy and/or is in default of interest payments.
(f)	Variable rate security. Rate shown is the rate as of January 31, 2014.
(g)	Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. The security may be resold in transactions exempt from registration normally to qualified institutional buyers. The aggregate value is $303,086,129, which is 5.65% of net assets. These securities have been determined to be liquid in accordance with procedures adopted by the Fund’s Board of Directors except those also included in footnote (c) above.
(h)	Security offered and sold outside of the United States, and this is exempt from registration under Regulation S of the Securities Act of 1933. It has been deemed liquid under guidelines approved by the Board.
(i)	Principal amount denoted in Singapore Dollars.
(j)	Zero coupon bond. The rate represents the yield at time of purchase.
(k)	Principal amount denoted in British Pounds.
(l)	Principal amount denoted in Euros.
(m)	Investment in non-U.S. Dollars. Principal amount reflects local currency.
(n)	Payment-in-kind (“PIK”) security. Income may be paid in additional securities or cash at the discretion of the issuer.
(o)	The rate represents the annualized yield at time of purchase.
(p)	Rate shown represents current yield at January 31, 2014.
(q)	Notional Amount is shown parenthetically for any leg of Structured Option which has a different notional amount

	than the amount shown under Notional Amount column
(r)	Number of contracts are shown parenthetically for any leg of Structured Option which has a different number of contracts than the amount shown under contracts column.
(s)	This derivative is considered either fully or partially illiquid. The swap position has a notional value of $14,974,333 and an unrealized depreciation of $3,772,717.

CAD — Canadian Dollar

Cnv. — Convertible

ETF — Exchange Traded Fund

EUR — Euro

FOR — Foreign Ownership Restrictions

LIBOR — London Interbank Offered Rate

REIT — Real Estate Investment Trust

RUB — Russian Ruble

STEP — Step Coupon Bond

Portfolio diversification by Sector (Unaudited)

Sector	Percentage of Net Assets
Asset-Backed Securities		2.2	%
Banks		1.1	%
Collateralized Mortgage Obligations		12.8	%
Commercial Mortgage-Backed Securities		0.4	%
Consumer Discretionary		5.5	%
Consumer Staples		2.6	%
Diversified Financials		1.8	%
Energy		2.8	%
Government Bonds		5.0	%
Health Care		4.7	%
Industrials		4.2	%
Information Technology		4.1	%
Insurance		1.6	%
Materials		1.9	%
Real Estate		1.4	%
Telecommunication Services		2.2	%
U.S. Government Agencies and Securities		39.4	%
Utilities		0.5	%
Other*		5.8	%
		100.0	%

*	Includes cash and equivalents, closed-end funds, exchange traded funds, options, futures, swap agreements, pending trades and Fund share transactions, interest and dividends receivable, prepaids and accrued expenses payable.

Shares			Value
COMMON STOCKS — 27.4%
AUSTRALIA — 3.1%
Materials — 3.1%
	455,000	Rio Tinto Ltd.	$	26,137,435
CANADA — 1.0%
Energy — 1.0%
	1,150,000	Athabasca Oil Corp.(b)		8,250,056
NETHERLANDS — 2.1%
Materials — 2.1%
	225,000	LyondellBasell Industries NV - Class A		17,721,000
UNITED KINGDOM — 3.1%
Energy — 3.1%
	2,000,000	Tullow Oil Plc		25,990,043
UNITED STATES — 18.1%
Consumer Discretionary — 2.6%
	590,000	Toll Brothers, Inc.(b)		21,682,500
Consumer Staples — 1.9%
	408,400	Tyson Foods, Inc. - Class A		15,274,160
Energy — 7.0%
	225,000	Chevron Corp.		25,116,750
	182,000	Exxon Mobil Corp.		16,773,120
	300,000	Goodrich Petroleum Corp.(b)		5,166,000
	135,000	Range Resources Corp.		11,635,650
				58,691,520
Materials — 3.2%
	250,000	Monsanto Co.		26,637,500
Real Estate — 3.4%
	450,000	St. Joe Co. (The)(b)(c)		8,086,500
	680,000	Weyerhaeuser Co., REIT		20,318,400
				28,404,900
				150,690,580
Total Common Stocks (Cost $230,039,131)				228,789,114
EXCHANGE TRADED FUNDS — 3.8%
UNITED STATES — 3.8%
	1,350,000	Market Vectors Gold Miners ETF		31,698,000
Total Exchange Traded Funds (Cost $31,726,560)				31,698,000


Number of Coins
COLLECTIBLE COINS — 3.8%
UNITED STATES — 3.8%
	27	Various Collectible Coins and Sets of Coins(c)	31,788,245
Total Collectible Coins (Cost $29,519,161)			31,788,245

Fine Troy Ounces			Value
COMMODITIES — 4.5%
UNITED STATES — 4.5%
	29,985	Gold Bullion	$	37,318,182
Total Commodities (Cost $27,728,889)				37,318,182


Contracts
CALL OPTIONS PURCHASED — 0.2%
Commodities — 0.2%
	500	COMEX Gold Futures, Strike $1,450.00, Expiring 03/26/14	50,000
	1,000	London Metal Exchange Nickel Futures, Strike $15,500.00, Expiring 06/04/14	1,749,900
Total Call Options Purchased (Cost $2,513,700)			1,799,900
PUT OPTIONS PURCHASED — 0.0%
Commodities — 0.0%
	500	Chicago Board of Trade Soybean Futures, Strike $1,280.00, Expiring 02/21/14	393,750
	1,425	Chicago Mercantile Exchange Live Cattle Futures, Strike $128.00, Expiring 02/06/14	7,410
Total Put Options Purchased (Cost $1,159,752)			401,160

Principal Amount			Value
ASSET-BACKED SECURITIES — 4.1%
UNITED STATES — 4.1%
$	35,000,000	GCO Education Loan Funding Trust, Series 2003-2, Class A5AR, 2.03%, 09/01/40(d)	34,146,000
Total Asset-Backed Securities (Cost $34,186,711)			34,146,000
U.S. GOVERNMENT AGENCIES — 44.1%
Federal Home Loan Bank — 42.3%
	5,000,000	0.02%, 02/03/14(e)	5,000,000
	28,000,000	0.02%, 02/03/14(e)	28,000,000
	88,000,000	0.02%, 02/05/14(e)	87,999,920
	8,220,000	0.02%, 02/05/14(e)	8,219,995
	19,200,000	0.01%, 02/07/14(e)	19,199,979
	22,000,000	0.02%, 02/07/14(e)	21,999,951
	3,600,000	0.02%, 02/10/14(e)	3,599,986
	5,000,000	0.01%, 02/12/14(e)	4,999,819
	3,300,000	0.01%, 02/12/14(e)	3,299,992
	4,900,000	0.02%, 02/12/14(e)	4,899,981
	6,000,000	0.02%, 02/12/14(e)	5,999,978
	12,000,000	0.01%, 02/14/14(e)	11,999,468
	25,880,000	0.02%, 02/14/14(e)	25,879,876
	5,000,000	0.02%, 02/14/14(e)	4,999,985
	5,000,000	0.02%, 02/18/14(e)	4,999,938

Principal Amount			Value
Federal Home Loan Bank (continued)
$	45,600,000	0.02%, 02/19/14(e)	$	45,599,693
	18,100,000	0.02%, 02/19/14(e)		18,099,920
	615,000	0.03%, 02/20/14(e)		614,991
	29,000,000	0.05%, 04/04/14(e)		28,998,057
	3,600,000	0.05%, 04/09/14(e)		3,599,741
	3,900,000	0.05%, 04/21/14(e)		3,899,665
	1,400,000	0.07%, 04/25/14(e)		1,399,873
	10,400,000	0.08%, 04/30/14(e)		10,399,002
				353,709,810
Freddie Mac — 1.8%
	14,600,000	0.01%, 02/14/14(e)		14,599,955
Total U.S. Government Agencies (Cost $368,308,226)				368,309,765
U.S. GOVERNMENT SECURITIES — 6.9%
U.S. Treasury Bills — 6.9%
	30,000,000	0.03%, 02/06/14(e)		29,999,929
	4,000,000	0.03%, 02/27/14(e)		3,999,933
	5,000,000	0.07%, 03/27/14(e)		4,999,551
	14,400,000	0.07%, 04/03/14(e)		14,399,582
	4,000,000	0.07%, 04/24/14(e)		3,999,732
Total U.S. Government Securities (Cost $57,397,043)				57,398,727

Shares
CASH SWEEP — 1.5%
	12,729,151	Citibank - US Dollars on Deposit in Custody Account, 0.02%(f)		12,729,151
Total Cash Sweep (Cost $12,729,151)				12,729,151

TOTAL INVESTMENTS — 96.3% (Cost $795,308,324)(a)				804,378,244
OTHER ASSETS IN EXCESS OF LIABILITIES — 3.7%				31,038,100
NET ASSETS — 100.0%			$	835,416,344

Contracts
CALL OPTIONS WRITTEN — (0.1)%
Commodities — (0.1)%
	(400	)	New York Mercantile Exchange Natural Gas Futures, Strike $6.70, Expiring 02/25/14	(460,000	)
Total Call Options Written (Premiums received $(661,400))				(460,000	)

Contracts				Value
PUT OPTIONS WRITTEN — (0.7)%
Commodities — (0.7)%
	(2,399	)	Chicago Board of Trade Corn No. 2 Futures, Strike $420.00, Expiring 11/21/14	$	(2,369,013	)
	(500	)	Chicago Board of Trade Soybean Futures, Strike $1,240.00, Expiring 02/21/14		(109,375	)
	(1,500	)	Chicago Board of Trade Wheat Futures, Strike $550.00, Expiring 06/20/14		(1,865,625	)
	(925	)	Chicago Mercantile Exchange Live Cattle Futures, Strike $125.00, Expiring 02/06/14		(4,810	)
	(50	)	New York Mercantile Exchange Henry Hub Natural Gas Futures, Strike $3.50, Expiring 01/26/16		(69,100	)
	(50	)	New York Mercantile Exchange Henry Hub Natural Gas Futures, Strike $3.50, Expiring 02/24/16(g)		(78,600	)
	(50	)	New York Mercantile Exchange Henry Hub Natural Gas Futures, Strike $3.50, Expiring 03/28/16		(100,950	)
	(50	)	New York Mercantile Exchange Henry Hub Natural Gas Futures, Strike $3.50, Expiring 04/26/16		(102,950	)
	(50	)	New York Mercantile Exchange Henry Hub Natural Gas Futures, Strike $3.50, Expiring 05/25/16		(101,400	)
	(50	)	New York Mercantile Exchange Henry Hub Natural Gas Futures, Strike $3.50, Expiring 06/27/16(g)		(99,700	)
	(50	)	New York Mercantile Exchange Henry Hub Natural Gas Futures, Strike $3.50, Expiring 07/26/16(g)		(98,800	)
	(50	)	New York Mercantile Exchange Henry Hub Natural Gas Futures, Strike $3.50, Expiring 08/26/16		(101,950	)
	(50	)	New York Mercantile Exchange Henry Hub Natural Gas Futures, Strike $3.50, Expiring 09/27/16(g)		(101,600	)
	(50	)	New York Mercantile Exchange Henry Hub Natural Gas Futures, Strike $3.50, Expiring 10/26/16(g)		(101,300	)
	(50	)	New York Mercantile Exchange Henry Hub Natural Gas Futures, Strike $3.50, Expiring 11/25/16(g)		(90,050	)

Contracts				Value
Commodities (continued)
	(50	)	New York Mercantile Exchange Henry Hub Natural Gas Futures, Strike $3.50, Expiring 12/28/15	$	(63,900	)
Total Put Options Written (Premiums received $(6,277,575))				$	(5,459,123	)

FUTURES CONTRACTS: LONG POSITIONS

Contracts			Unrealized Appreciation/ (Depreciation)
	94	Chicago Mercantile Exchange Lean Hog, February 2014	$	(142,730	)
	200	COMEX Silver, March 2014		(1,385,875	)
	175	London Metal Exchange Copper, March 2014		(114,406	)
	450	London Metal Exchange Lead, March 2014		(221,063	)
	200	London Metal Exchange Nickel, March 2014		95,400
	580	London Metal Exchange Zinc, March 2014		(112,675	)
	450	New York Mercantile Exchange Natural Gas, March 2014		4,916,856
	450	New York Mercantile Exchange Natural Gas, March 2014		5,826,544
	375	New York Mercantile Exchange Palladium, March 2014		(2,020,156	)
	200	London Metal Exchange Nickel, April 2014		458,400
	495	New York Mercantile Exchange Platinum, April 2014		745,908
	100	London Metal Exchange Nickel, May 2014		(40,050	)
	175	New York Mercantile Exchange Crude Oil, June 2014		3,000
	150	New York Mercantile Exchange Natural Gas, August 2014		250,500
	150	New York Mercantile Exchange Natural Gas, September 2014		165,720
	980	New York Mercantile Exchange Natural Gas, October 2014		1,039,251
	70	New York Mercantile Exchange Crude Oil, December 2014		50
	40	New York Mercantile Exchange Natural Gas, January 2018(g)		(93,850	)
	40	New York Mercantile Exchange Natural Gas, February 2018(g)		(103,850	)
	40	New York Mercantile Exchange Natural Gas, March 2018(g)		(129,850	)
	40	New York Mercantile Exchange Natural Gas, April 2018(g)		(233,850	)
	40	New York Mercantile Exchange Natural Gas, May 2018(g)		(229,050	)
	40	New York Mercantile Exchange Natural Gas, June 2018(g)		(220,650	)

FUTURES CONTRACTS: LONG POSITIONS (Concluded)

Contracts			Unrealized Appreciation/ (Depreciation)
	40	New York Mercantile Exchange Natural Gas, July 2018(g)	$	(209,450	)
	40	New York Mercantile Exchange Natural Gas, August 2018(g)		(204,250	)
	40	New York Mercantile Exchange Natural Gas, September 2018(g)		(203,450	)
	40	New York Mercantile Exchange Natural Gas, October 2018(g)		(190,650	)
	40	New York Mercantile Exchange Natural Gas, November 2018(g)		(157,450	)
	40	New York Mercantile Exchange Natural Gas, December 2018(g)		(87,450	)
		Net unrealized appreciation	$	7,400,874

	Unrealized Appreciation/ (Depreciation)
SWAP AGREEMENTS (PURCHASED)
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) paying a fixed amount per day and receiving the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 01/31/15 (Underlying notional amount $3,531,510)	$	689,490
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) paying a fixed amount per day and receiving the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 02/28/14 (Underlying notional amount $1,053,500)		(441,500	)
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) paying a fixed amount per day and receiving the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 02/28/15 (Underlying notional amount $3,531,510)		689,490

	Unrealized Appreciation/ (Depreciation)
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) paying a fixed amount per day and receiving the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 03/31/14 (Underlying notional amount $1,053,500)	$	(357,500	)
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) paying a fixed amount per day and receiving the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 03/31/15 (Underlying notional amount $3,531,510)		689,490
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) paying a fixed amount per day and receiving the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 04/30/14 (Underlying notional amount $1,053,500)		(207,500	)
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) paying a fixed amount per day and receiving the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 04/30/15 (Underlying notional amount $3,531,510)		689,490
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) paying a fixed amount per day and receiving the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 05/31/14 (Underlying notional amount $1,053,500)		(207,500	)
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) paying a fixed amount per day and receiving the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 05/31/15 (Underlying notional amount $3,531,510)		689,490

	Unrealized Appreciation/ (Depreciation)
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) paying a fixed amount per day and receiving the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 06/30/14 (Underlying notional amount $1,053,500)	$	(207,500	)
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) paying a fixed amount per day and receiving the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 06/30/15 (Underlying notional amount $3,531,510)		689,490
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) paying a fixed amount per day and receiving the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 07/31/14 (Underlying notional amount $2,216,000)		484,000
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) paying a fixed amount per day and receiving the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 07/31/15 (Underlying notional amount $3,531,510)		689,490
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) paying a fixed amount per day and receiving the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 08/31/14 (Underlying notional amount $2,216,000)		484,000
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) paying a fixed amount per day and receiving the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 08/31/15 (Underlying notional amount $3,531,510)		689,490

	Unrealized Appreciation/ (Depreciation)
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) paying a fixed amount per day and receiving the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 09/30/14 (Underlying notional amount $2,216,000)	$	484,000
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) paying a fixed amount per day and receiving the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 09/30/15 (Underlying notional amount $3,531,510)		689,490
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) paying a fixed amount per day and receiving the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 10/31/14 (Underlying notional amount $2,216,000)		1,204,000
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) paying a fixed amount per day and receiving the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 10/31/15 (Underlying notional amount $3,531,510)		689,490
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) paying a fixed amount per day and receiving the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 11/30/14 (Underlying notional amount $2,216,000)		1,204,000
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) paying a fixed amount per day and receiving the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 11/30/15 (Underlying notional amount $3,531,510)		689,490

	Unrealized Appreciation/ (Depreciation)
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) paying a fixed amount per day and receiving the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 12/31/14 (Underlying notional amount $2,216,000)	$	1,204,000
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) paying a fixed amount per day and receiving the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 12/31/15 (Underlying notional amount $3,531,510)		689,490
Commodity Index Swap Agreement with Cargill, Inc. based on the Chicago Mercantile Exchange (“CME”) Lean Hogs Index, paying a fixed amount per pound and receiving the closing settlement price of CME February 2014 Lean Hogs Futures contracts on the termination date, expiring 02/11/14 (Underlying notional amount $12,285,910)		(214,410	)
Commodity Index Swap Agreement with Cargill, Inc. based on the Chicago Mercantile Exchange (“CME”) Lean Hogs Index, paying a fixed amount per pound and receiving the closing settlement price of CME June 2014 Lean Hogs Futures contracts on the termination date, expiring 06/10/14 (Underlying notional amount $20,270,292)		1,114,008
Commodity Index Swap Agreement with Cargill, Inc. based on the Intercontinental Exchange, Inc. (“ICE”) Cotton Index, paying a fixed amount per pound and receiving the closing settlement price of ICE May 2014 Cotton Futures contracts on the termination date, expiring 04/21/14 (Underlying notional amount $31,854,650)		605,430
	$	13,421,408

	Unrealized Appreciation/ (Depreciation)
SWAP AGREEMENTS (WRITTEN)
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) receiving a fixed amount per day and paying the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 01/31/15 (Underlying notional amount $1,100,750)	$	(105,250	)
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) receiving a fixed amount per day and paying the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 02/28/14 (Underlying notional amount $832,625)		220,625
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) receiving a fixed amount per day and paying the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 02/28/15 (Underlying notional amount $1,100,750)		(105,250	)
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) receiving a fixed amount per day and paying the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 03/31/14 (Underlying notional amount $832,625)		136,625
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) receiving a fixed amount per day and paying the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 03/31/15 (Underlying notional amount $1,100,750)		(105,250	)

	Unrealized Appreciation/ (Depreciation)
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) receiving a fixed amount per day and paying the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 04/30/14 (Underlying notional amount $832,625)	$	(13,375	)
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) receiving a fixed amount per day and paying the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 04/30/15 (Underlying notional amount $1,100,750)		(105,250	)
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) receiving a fixed amount per day and paying the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 05/31/14 (Underlying notional amount $832,625)		(13,375	)
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) receiving a fixed amount per day and paying the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 05/31/15 (Underlying notional amount $1,100,750)		(105,250	)
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) receiving a fixed amount per day and paying the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 06/30/14 (Underlying notional amount $832,625)		(13,375	)
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) receiving a fixed amount per day and paying the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 06/30/15 (Underlying notional amount $1,100,750)		(105,250	)

	Unrealized Appreciation/ (Depreciation)
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) receiving a fixed amount per day and paying the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 07/31/15 (Underlying notional amount $1,100,750)	$	(105,250	)
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) receiving a fixed amount per day and paying the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 08/31/15 (Underlying notional amount $1,100,750)		(105,250	)
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) receiving a fixed amount per day and paying the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 09/30/15 (Underlying notional amount $1,100,750)		(105,250	)
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) receiving a fixed amount per day and paying the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 10/31/15 (Underlying notional amount $1,100,750)		(105,250	)
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) receiving a fixed amount per day and paying the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 11/30/15 (Underlying notional amount $1,100,750)		(105,250	)
Commodity Index Swap Agreement with Cargill, Inc. based on the Baltic Capesize Freight Index (“BCI”) receiving a fixed amount per day and paying the arithmetic average of the rates for BCI Routes published by the Baltic Exchange, expiring 12/31/15 (Underlying notional amount $1,100,750)		(105,250	)

	Unrealized Appreciation/ (Depreciation)
Commodity Index Swap Agreement with Cargill, Inc. based on the Intercontinental Exchange, Inc. (“ICE”) Cotton Index, receiving a fixed amount per pound and paying the closing settlement price of ICE March 2014 Cotton Futures contracts on the termination date, expiring 02/19/14 (Underlying notional amount $31,695,217)	$	(576,863	)
	$	(1,522,738	)

(a)	Cost for federal income tax purposes is $799,937,125 and net unrealized appreciation of investments is as follows:

Unrealized appreciation	$	29,032,353
Unrealized depreciation		(24,591,234	)
Net unrealized appreciation	$	4,441,119


(b)	Non-income producing security.
(c)	This security is considered either fully or partially illiquid. These securities, or portions thereof have a value of $33,359,510 or 3.99% of net assets.
(d)	Variable rate security. Rate shown is the rate as of January 31, 2014.
(e)	The rate represents the annualized yield at time of purchase.
(f)	Rate shown represents current yield at January 31, 2014.
(g)	This derivative is considered either fully or partially illiquid. The put options written positions have an unrealized appreciation of $154,750 at premiums of $724,800. The futures contract positions have a notional value of $19,787,272 and an unrealized depreciation of $2,063,800.

REIT — Real Estate Investment Trust

Portfolio diversification by Sector (Unaudited)
Sector	Percentage of Net Assets
Asset-Backed Securities		4.1	%
Collectible Coins		3.8	%
Commodities.		4.5	%
Consumer Discretionary		2.6	%
Consumer Staples		1.9	%
Energy		11.1	%
Materials		8.4	%
Real Estate.		3.4	%
U.S. Government Agencies and Securities		51.0	%
Other*		9.2	%
		100.0	%

*	Includes cash and equivalents, exchange traded funds, options, futures, swap agreements, pending trades and Fund share transactions, interest and dividends receivable, prepaids and accrued expenses payable.

Principal Amount			Value
CORPORATE BONDS — 51.2%
Banks — 14.6%
$	1,000,000	Australia & New Zealand Banking Group Ltd., 0.90%, 02/12/16	$	1,002,099
	3,800,000	Bank of America Corp., 4.50%, 04/01/15		3,960,930
	3,000,000	Bank of Montreal, 2.63%, 01/25/16(b)		3,119,910
	3,000,000	Bank of Tokyo-Mitsubishi UFJ Ltd. (The), 1.55%, 09/09/16(b)		3,032,913
	1,000,000	Canadian Imperial Bank of Commerce Canada, 2.60%, 07/02/15(b)		1,030,530
	500,000	Capital One Bank USA, 1.15%, 11/21/16		499,455
	10,500,000	Citigroup, Inc., 1.04%, 04/01/16(c)		10,565,699
	2,000,000	Commonwealth Bank of Australia, 2.70%, 11/25/14(b)		2,039,420
	5,000,000	Commonwealth Bank of Australia, 3.25%, 03/17/16(b)		5,251,500
	2,000,000	Commonwealth Bank of Australia, 2.25%, 03/16/17(b)		2,064,590
	2,340,000	Credit Suisse New York MTN, 3.50%, 03/23/15		2,417,882
	1,175,000	Deutsche Bank AG, 3.45%, 03/30/15		1,214,655
	1,350,000	Deutsche Bank AG, 3.25%, 01/11/16		1,412,533
	12,295,000	JPMorgan Chase & Co. MTN, 1.37%, 09/22/15(c)		12,435,815
	1,000,000	JPMorgan Chase & Co. MTN, 1.10%, 10/15/15		1,004,275
	6,125,000	KFW, 1.25%, 02/15/17		6,196,264
	300,000	Royal Bank of Canada MTN, 1.15%, 03/13/15		302,912
	3,000,000	Standard Chartered Plc, 5.50%, 11/18/14(b)		3,110,400
	5,000,000	Standard Chartered Plc, 3.85%, 04/27/15(b)		5,180,050
	3,900,000	Toronto-Dominion Bank (The) - MTN, 0.79%, 04/30/18(c)		3,908,522
	10,500,000	Wells Fargo & Co., 1.25%, 07/20/16		10,599,477
				80,349,831

Principal Amount			Value
Consumer Discretionary — 0.8%
$	2,000,000	Cargill, Inc., 1.90%, 03/01/17(b)	$	2,034,182
	1,000,000	Cornell University, 4.35%, 02/01/14		999,999
	500,000	Hyundai Capital America, 1.88%, 08/09/16(b)		503,703
	1,000,000	Snap-On, Inc., 5.85%, 03/01/14		999,986
				4,537,870
Consumer Staples — 5.6%
	13,985,000	Anheuser-Busch Inbev Finance Inc, 0.80%, 01/15/16		14,033,668
	6,500,000	Coca-Cola Co. (The), 1.80%, 09/01/16		6,680,317
	900,000	Coca-Cola Co. (The), 0.75%, 11/01/16		899,763
	3,000,000	CVS Caremark Corp., 1.20%, 12/05/16		3,014,223
	2,115,000	Procter & Gamble Co. (The), 3.50%, 02/15/15		2,183,076
	1,500,000	Unilever Capital Corp., 3.65%, 02/15/14		1,499,986
	2,500,000	Wal-Mart Stores, Inc., 1.50%, 10/25/15		2,545,860
				30,856,893
Diversified Financials — 11.9%
	3,520,000	American Express Credit Corp. MTN, 2.38%, 03/24/17		3,635,861
	1,000,000	American Honda Finance Corp., 2.50%, 09/21/15(b)		1,031,559
	1,000,000	American Honda Finance Corp., 2.13%, 02/28/17(b)		1,022,874
	5,000,000	Caterpillar Financial Services Corp. MTN, 0.48%, 02/26/16(c)		5,011,455
	3,000,000	Daimler Finance North America LLC, 2.63%, 09/15/16(b)		3,108,792
	500,000	Enel Finance International SA, 3.88%, 10/07/14(b)		509,805
	2,000,000	FMR LLC, 5.35%, 11/15/21(b)		2,207,536
	1,500,000	Ford Motor Credit Co. LLC, 4.21%, 04/15/16		1,597,053
	10,800,000	Ford Motor Credit Co. LLC, 3.00%, 06/12/17		11,226,751
	9,325,000	General Electric Capital Corp, 2.90%, 01/09/17		9,809,937
	950,000	General Electric Capital Corp. MTN, 3.50%, 06/29/15		988,896

Principal Amount			Value
Diversified Financials (continued)
$	1,400,000	General Electric Capital Corp. MTN, 2.30%, 04/27/17	$	1,444,089
	3,000,000	Goldman Sachs Group, Inc. (The), 3.30%, 05/03/15		3,090,780
	3,000,000	Goldman Sachs Group, Inc. (The), 3.63%, 02/07/16		3,144,978
	12,000,000	Morgan Stanley, 1.75%, 02/25/16		12,175,344
	3,000,000	Toyota Motor Credit Corp., 0.53%, 05/17/16(c)		3,009,570
	1,775,000	Toyota Motor Credit Corp. MTN, 2.80%, 01/11/16		1,850,306
	1,000,000	USAA Capital Corp., 1.05%, 09/30/14(b)		1,004,123
				65,869,709
Energy — 1.2%
	3,000,000	Cameron International Corp., 1.15%, 12/15/16		2,994,972
	1,700,000	Occidental Petroleum Corp., 4.13%, 06/01/16		1,831,429
	1,000,000	Schlumberger Investment SA, 1.25%, 08/01/17(b)		993,547
	1,000,000	Schlumberger Norge AS, 1.95%, 09/14/16(b)		1,024,664
				6,844,612
Health Care — 3.1%
	820,000	Celgene Corp., 2.45%, 10/15/15		843,709
	1,000,000	Express Scripts Holding Co., 2.65%, 02/15/17		1,036,014
	3,035,000	Johnson & Johnson, 2.15%, 05/15/16		3,148,294
	415,000	McKesson Corp, 0.95%, 12/04/15		415,679
	500,000	Medco Health Solutions, Inc., 2.75%, 09/15/15		516,312
	4,000,000	Merck & Co., Inc., 0.60%, 05/18/18(c)		3,998,364
	1,000,000	Mylan, Inc., 1.35%, 11/29/16		1,001,107
	5,000,000	Takeda Pharmaceutical Co. Ltd., 1.63%, 03/17/17(b)		4,991,615
	1,000,000	UnitedHealth Group, Inc., 1.40%, 10/15/17		999,985
				16,951,079
Industrials — 0.7%
	3,500,000	3M Co. MTN, 1.00%, 06/26/17		3,484,862

Principal Amount			Value
Industrials (continued)
$	312,439	Federal Express Corp. 2012 Pass Through Trust, 2.63%, 01/15/18(b)	$	316,385
	188,000	Tyco International Finance SA, 3.38%, 10/15/15		194,951
				3,996,198
Information Technology — 4.7%
	10,000,000	Apple, Inc., 0.49%, 05/03/18(c)		9,983,220
	2,150,000	Fiserv, Inc., 3.13%, 06/15/16		2,242,990
	10,500,000	Hewlett-Packard Co., 2.35%, 03/15/15		10,696,130
	600,000	International Business Machines Corp., 1.95%, 07/22/16		618,293
	1,900,000	National Semiconductor Corp., 6.60%, 06/15/17		2,225,956
				25,766,589
Insurance — 1.7%
	3,990,000	Berkshire Hathaway Finance Corp., 2.45%, 12/15/15		4,133,213
	5,000,000	New York Life Global Funding, 1.65%, 05/15/17(b)		5,067,190
				9,200,403
Materials — 2.0%
	630,000	Airgas, Inc., 4.50%, 09/15/14		644,728
	1,005,000	Airgas, Inc., 2.95%, 06/15/16		1,043,196
	2,710,000	Dow Chemical Co. (The), 2.50%, 02/15/16		2,789,755
	1,000,000	International Paper Co., 9.38%, 05/15/19		1,319,473
	5,000,000	Praxair Inc, 0.75%, 02/21/16		5,007,125
				10,804,277
Telecommunication Services — 3.9%
	4,000,000	America Movil Sab de CV, 2.38%, 09/08/16		4,129,912
	12,000,000	NBCUniversal Media LLC, 2.88%, 04/01/16		12,504,828
	5,000,000	Verizon Communications, Inc., 2.50%, 09/15/16		5,173,155
				21,807,895

Principal Amount			Value
Utilities — 1.0%
$	1,575,000	Dominion Resources, Inc., Series F, 5.25%, 08/01/33	$	1,713,461
	1,000,000	Duke Energy Corp., 1.63%, 08/15/17		1,003,239
	2,485,000	NextEra Energy Capital Holdings, Inc., 2.60%, 09/01/15		2,556,332
				5,273,032
Total Corporate Bonds (Cost $277,797,498)				282,258,388
ASSET-BACKED SECURITIES — 4.0%
CAYMAN ISLANDS — 2.5%
	2,617,395	Gannett Peak CLO Ltd., Series 2006-1A, Class A1A, 0.49%, 10/27/20(b)(c)		2,603,933
	6,000,000	OCP CLO Ltd., Series 2013-4A, Class A1A, 1.64%, 10/24/25(b)(c)		5,955,000
	5,102,155	Vitesse CLO Ltd., Series 2006-1A, Class A1L, 0.49%, 08/17/20(b)(c)		5,052,919
				13,611,852
UNITED STATES — 1.5%
	8,500,000	Anchorage Capital CLO Ltd., Series 2013-1A, Class 1A, 1.43%, 07/13/25(b)(c)		8,335,891
				8,335,891
Total Asset-Backed Securities (Cost $22,074,354)				21,947,743
MUNICIPAL BONDS — 5.0%
California — 0.8%
	3,850,000	Southern California Public Power Authority Refunding Revenue Bonds, Series B (AGM) 6.93%, 05/15/17		4,494,529
District Of Columbia — 0.5%
	1,000,000	District of Columbia Build America Bonds GO 3.64%, 06/01/15		1,035,820
	1,310,000	District of Columbia Build America Bonds GO 4.16%, 06/01/16		1,393,644
				2,429,464
Georgia — 0.6%
	3,085,000	State of Georgia Taxable School Improvement GO, Series C-3 2.59%, 10/01/17		3,206,395

Principal Amount			Value
Illinois — 0.5%
$	2,600,000	State of Illinois Public Improvements Revenue Bonds 1.56%, 06/15/17	$	2,611,050
Maryland — 0.0%
	20,000	State of Maryland Recreational Facilities Improvements COP, Series A 2.52%, 09/01/14		20,251
	180,000	State of Maryland Recreational Facility Improvements COP, Series A 2.92%, 09/01/15		186,305
				206,556
Michigan — 0.2%
	1,095,000	University of Michigan University and College Improvement Build America Revenue Bonds 1.75%, 04/01/15		1,109,268
Minnesota — 0.1%
	40,000	Duluth Independent School District No. 709 Build America Bonds COP (School District Credit) 3.50%, 02/01/15		40,914
	605,000	Duluth Independent School District No. 709 Build America Bonds COP (School District Credit) 4.00%, 02/01/16		631,614
				672,528
New Jersey — 1.2%
	1,500,000	County of Monmouth Build America Bonds GO 3.75%, 11/01/16		1,589,370
	1,000,000	Morris County Improvement Authority Renewable Energy Revenue Bonds 1.90%, 06/15/15		1,018,390
	100,000	Morris County Improvement Authority Renewable Energy Revenue Bonds 2.27%, 06/15/16		103,307
	2,050,000	New Jersey Economic Development Authority Refunding Revenue Bonds 3.50%, 06/15/15		2,125,912
	1,515,000	New Jersey Economic Development Authority Refunding Revenue Bonds (State Appropriation) 3.61%, 09/01/14		1,542,891

Principal Amount			Value
New Jersey (continued)
$	160,000	New Jersey Economic Development Authority School Improvement Revenue Bonds, Series FF 3.17%, 09/01/14	$	162,541
				6,542,411
New York — 0.5%
	2,520,000	Metropolitan Transportation Authority Highway Toll Build America Revenue Bonds 4.28%, 11/15/16		2,699,600
	110,000	New York State Dormitory Authority University & College Improvements Revenue Bonds, Series G 2.83%, 03/15/16		113,948
				2,813,548
Ohio — 0.4%
	2,115,000	Ohio State Build America Revenue Bonds, Series 2 3.64%, 06/15/16		2,243,571
South Carolina — 0.2%
	1,050,000	State of South Carolina Refunding GO, Series A 5.00%, 06/01/17		1,201,736
Total Municipal Bonds (Cost $26,740,549)				27,531,056
COLLATERALIZED MORTGAGE OBLIGATIONS — 0.6%
	3,173,812	JPMorgan Tax Exempt Pass Through Trust, Series 2012-AMT1, Class A, 3.00%, 01/27/38(b)		3,099,297
Total Collateralized Mortgage Obligations (Cost $3,249,902)				3,099,297
U.S. GOVERNMENT AGENCIES — 11.1%
AID-EGYPT — 0.2%
	1,000,000	4.45%, 09/15/15		1,065,261
				1,065,261
Fannie Mae — 1.9%
	2,705,000	5.00%, 04/15/15		2,859,978
	3,805,000	0.50%, 09/28/15		3,816,552
	200,000	1.63%, 10/26/15		204,489
	3,200,000	5.00%, 02/13/17		3,601,286
				10,482,305
Federal Home Loan Bank — 1.2%
	2,025,000	2.75%, 03/13/15		2,082,482

Principal Amount			Value
Federal Home Loan Bank (continued)
$	2,500,000	2.88%, 06/12/15	$	2,588,548
	150,000	5.00%, 12/21/15		163,043
	2,000,000	0.38%, 06/24/16		1,994,048
				6,828,121
Freddie Mac — 4.1%
	8,500,000	0.88%, 02/22/17		8,518,360
	13,900,000	1.00%, 03/08/17		13,983,331
				22,501,691
Ginnie Mae — 0.0%
	331	9.00%, 02/15/20		333
				333
Overseas Private Investment Corp. — 1.6%
	7,952,781	5.14%, 12/15/23		8,963,189
				8,963,189
Private Export Funding Corp. — 1.0%
	105,000	4.55%, 05/15/15		110,796
	1,400,000	4.95%, 11/15/15		1,514,407
	3,000,000	5.00%, 12/15/16		3,351,630
	500,000	2.25%, 12/15/17		519,093
				5,495,926
Small Business Administration — 0.9%
	799,207	4.73%, 02/10/19		851,972
	1,458,876	4.11%, 03/10/20		1,567,720
	2,384,401	4.08%, 03/10/21		2,527,761
				4,947,453
Tennessee Valley Authority — 0.2%
	725,000	6.25%, 12/15/17		861,506
				861,506
Total U.S. Government Agencies (Cost $59,487,125)				61,145,785
U.S. GOVERNMENT SECURITIES — 25.7%
U.S. Treasury Notes — 25.7%
	57,191,000	0.25%, 12/15/15		57,135,124
	4,500,000	0.38%, 02/15/16		4,501,404
	58,380,000	7.25%, 08/15/22		80,409,343
Total U.S. Government Securities (Cost $145,318,255)				142,045,871

Principal Amount			Value
GOVERNMENT BONDS — 1.7%
CANADA — 0.6%
$	230,000	Province of Ontario Canada, 2.70%, 06/16/15	$	237,413
	2,875,000	Province of Ontario Canada, 2.30%, 05/10/16		2,980,196
				3,217,609
FRANCE — 0.2%
	1,000,000	Societe Financement de L’economie Francaise, 2.88%, 09/22/14(b)		1,016,552

GERMANY — 0.2%
	1,000,000	Norddeutsche Landesbank Girozentrale, 0.88%, 10/16/15(b)		1,004,999
JAPAN — 0.4%
	2,000,000	Development Bank of Japan, 1.63%, 10/05/16(b)		2,043,905

SOUTH KOREA — 0.3%
	500,000	Export-Import Bank of Korea, 1.25%, 11/20/15		501,949
	1,400,000	Export-Import Bank of Korea, 4.00%, 01/11/17		1,497,576
				1,999,525

Total Government Bonds (Cost $9,017,918)				9,282,590

Shares
INVESTMENT COMPANY — 0.1%
	872,600	SEI Daily Income Trust Government II Fund, Class A, 0.01%(d)		872,600
Total Investment Company (Cost $872,600)				872,600

TOTAL INVESTMENTS — 99.4% (Cost $544,558,201)(a)			$	548,183,330
OTHER ASSETS IN EXCESS OF LIABILITIES — 0.6%				3,425,093
NET ASSETS — 100.0%			$	551,608,423

(a)	Cost for federal income tax purposes is $544,558,201 and net unrealized appreciation of investments is as follows:

Unrealized appreciation	$	7,429,896
Unrealized depreciation		(3,804,767	)
Net unrealized appreciation	$	3,625,129

(b)	Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. The security may be resold in transactions exempt from registration normally to qualified institutional buyers. The security has been determined to be liquid in accordance with procedures adopted by the Fund’s Board of Directors. The aggregate value of these securities is $77,757,784, which is 14.1% of net assets.
(c)	Variable rate security. Rate shown is the rate as of January 31, 2014.
(d)	Rate shown represents current yield at January 31, 2014.

	AGM — Assured Guaranty Municipal Corp.
	CLO — Collateralized Loan Obligation
	COP — Certificates of Participation
	GO — General Obligations
	MTN — Medium Term Note

Portfolio diversification by Sector (Unaudited)

Sector	Percentage of Net Assets
U.S. Government Agencies and Securities		36.8	%
Corporate Bonds		51.2
Municipal Bonds		5.0
Government Bonds		1.7
Asset Backed Securities		4.0
Collateralized Mortgage Obligations		0.6
Other*		0.7
		100.0	%

^*	Includes cash and equivalents, investment company, pending trades and Fund share transactions, interest and dividends receivable, prepaids and accrued expenses payable.

Principal Amount			Value
MUNICIPAL BONDS — 93.4%
Alabama — 0.6%
$	5,000,000	Alabama Federal Aid Highway Finance Authority Revenue Bonds, 5.00%, 09/01/20	$	5,858,950
	1,500,000	Alabama Public School & College Authority Refunding Revenue Bonds, Series A, 5.00%, 05/01/14		1,517,685
				7,376,635
Arizona — 1.0%
	2,000,000	Arizona Department of Transportation State Highway Fund Refunding Revenue Bonds, Sub-series A, 5.00%, 07/01/21		2,388,260
	1,375,000	Arizona School Facilities Board Refunding Revenue Bonds, Series A (AMBAC), 5.75%, 07/01/14(b)		1,405,924
	350,000	Arizona State Board of Regents Revenue Bonds, Series 2008-C, OID, 5.88%, 07/01/24		408,524
	2,360,000	Arizona State Board of Regents Revenue Bonds, Series C, 5.00%, 07/01/17		2,687,190
	800,000	Arizona State Transportation Board Grant Anticipation Refunding Revenue Bonds, Series A, 5.00%, 07/01/14		815,760
	1,050,000	Arizona Transportation Board Maricopa County Highway Improvement Revenue Bonds, 5.00%, 07/01/14		1,070,727
	200,000	Maricopa County Community College District GO, Series C, 5.00%, 07/01/20		233,719
	2,875,000	Phoenix Civic Improvement Corp. Refunding Revenue Bonds, 5.00%, 07/01/20		3,372,203
				12,382,307
California — 2.3%
	2,650,000	California State University System Wide Refunding Revenue Bonds, Series A, 5.00%, 11/01/18		3,123,211
	5,900,000	City of Los Angeles Solid Waste Resources Revenue Bonds, Series A, 5.00%, 02/01/20		6,836,684

Principal Amount			Value
California (continued)
$	100,000	Huntington Beach Public Financing Authority Refunding Revenue Bonds, 4.00%, 09/01/18	$	109,705
	1,035,000	Los Rios Community College District 2002 Election GO, Series D, 5.25%, 08/01/23		1,152,048
	635,000	Santa Monica Community College District 2002 Election Refunding GO, Series A, 2.00%, 08/01/14		640,740
	2,550,000	State of California Public Improvements GO, OID, 5.25%, 04/01/14(b)		2,570,298
	1,000,000	State of California Public Improvements GO, OID, 5.25%, 04/01/14(b)		1,007,960
	10,000,000	State of California Refunding GO, Series A, (State GTY), 5.00%, 07/01/22		11,028,900
	2,120,000	University of California Regents Medical Center Refunding Revenue Bonds, Series G, 4.00%, 05/15/14		2,142,769
				28,612,315
Colorado — 0.7%
	500,000	Adams & Weld Counties School District No 27J Brighton Co. Refunding Revenue Bonds, Series A, (State Aid Withholding), 5.00%, 12/01/19		594,749
	450,000	Denver City & County School District No 1 Refunding GO, Series C (State Aid Withholding), 5.00%, 12/01/23		535,334
	1,200,000	Douglas County School District No Re-1 Douglas & Elbert Counties Refunding GO, Series B (AGM, State Aid Withholding), 5.00%, 12/15/14		1,249,956
	2,000,000	El Paso County School District No 38 Lewis-Palmer Refunding GO (State Aid Withholding), 4.00%, 12/01/17		2,234,020
	1,180,000	Jefferson County School District GO, Series R-1, (State Aid Withholding), 5.00%, 12/15/22		1,397,686

Principal Amount			Value
Colorado (continued)
$	790,000	Jefferson County School District GO, Series R-1, (State Aid Withholding), 5.00%, 12/15/23	$	923,502
	1,600,000	University of Colorado Refunding Revenue Bonds, Series A (NATL-RE), 4.50%, 06/01/21		1,717,760
				8,653,007
Connecticut — 1.4%
	770,000	Connecticut State Health & Educational Facility Authority Refunding Revenue Bonds, 3.00%, 07/01/14		777,846
	2,000,000	Connecticut State Health & Educational Facility Authority Refunding Revenue Bonds, Series A-3, 0.88%, 07/01/49(c)(d)		1,990,980
	4,700,000	Connecticut State Health & Educational Facility Authority Revenue Bonds, Series A-4, 2.50%, 07/01/49(c)		4,809,040
	8,000,000	State of Connecticut Transportation Infrastructure Revenue Bonds, Series A, 5.00%, 10/01/19		9,484,000
				17,061,866
District Of Columbia — 0.6%
	1,000,000	District of Columbia Georgetown University Refunding Revenue Bonds, Series A, 5.00%, 04/01/14		1,007,480
	5,000,000	District of Columbia Public Improvement Revenue Bonds, Series C, 5.00%, 12/01/19		5,969,000
	1,000,000	District of Columbia Refunding Revenue Bonds, Series A, 5.00%, 12/01/20		1,193,220
				8,169,700
Florida — 2.5%
	3,000,000	Florida State Board of Education Capital Outlay GO, Series E, 4.60%, 06/01/23		3,145,800
	800,000	Florida State Board of Education Lottery Refunding Revenue Bonds, Series A, 5.00%, 07/01/18		933,808

Principal Amount			Value
Florida (continued)
$	2,000,000	Florida State Board of Education Lottery Refunding Revenue Bonds, Series D, 5.00%, 07/01/14	$	2,039,140
	8,575,000	Florida State Board of Education Lottery Revenue Bonds, Series A, OID, 5.50%, 07/01/27		9,799,596
	4,165,000	Florida State Board of Governors Refunding Revenue Bonds, Series A, 5.00%, 07/01/16		4,604,116
	1,065,000	Hillsborough County Community Investment Tax Revenue Bonds, (AMBAC), 5.00%, 11/01/16		1,186,538
	450,000	Miami-Dade County Water & Sewer Refunding Revenue Bonds, (XLCA), 5.00%, 10/01/18		513,230
	2,000,000	Miami-Dade County Water & Sewer Refunding Revenue Bonds, (XLCA), 5.00%, 10/01/19		2,262,540
	1,800,000	Miami-Dade County Water & Sewer Refunding Revenue Bonds, Series B, (AGM), 5.25%, 10/01/16		2,021,688
	2,000,000	Orlando Utilities Commission Refunding Revenue Bonds, Series A, 5.00%, 10/01/20		2,377,600
	1,000,000	Orlando Utilities Commission Refunding Revenue Bonds, Series C, 5.00%, 10/01/14		1,031,700
	1,000,000	Palm Beach County Refunding Revenue Bonds, 5.00%, 08/01/17		1,023,440
	500,000	Palm Beach County Revenue Bonds, Series 2, OID, 5.25%, 11/01/25		575,059
				31,514,255
Georgia — 4.2%
	10,000,000	Bartow County School District School Improvement GO, Series A, (State Aid Withholding), 4.00%, 10/01/15		10,590,000
	1,000,000	Cobb-Marietta Coliseum & Exhibit Hall Authority Performing Arts Center Project Refunding Revenue Bonds (County GTY), 5.00%, 01/01/19		1,182,060

Principal Amount			Value
Georgia (continued)
$	700,000	County of Forsyth Refunding GO, 5.25%, 03/01/14(b)	$	709,074
	1,000,000	County of Fulton Water & Sewer Refunding Revenue Bonds, 5.00%, 01/01/18		1,154,070
	1,750,000	Douglas County School District Refunding GO (State Aid Withholding), 4.00%, 04/01/16		1,883,893
	1,040,000	Georgia State Road & Tollway Authority Federal Highway Grant Anticipation Refunding Revenue Bonds, Series A, 5.00%, 06/01/17		1,182,542
	1,250,000	Georgia State Road & Tollway Authority Federal Highway Grant Anticipation Revenue Bonds, Series A, 5.00%, 06/01/18		1,446,613
	5,000,000	Georgia State Road & Tollway Authority Highway Improvement Revenue Bonds, Series A, 5.00%, 06/01/20		5,712,850
	12,000,000	Georgia State Road & Tollway Authority Refunding Revenue Bonds, Series A, (State GTY), 5.00%, 03/01/18		13,947,120
	2,025,000	Georgia State Road & Tollway Authority Refunding Revenue Bonds, Series B, (State GTY), 5.00%, 10/01/19		2,418,802
	525,000	Gwinnett County Development Authority Refunding COP, Gwinnett Development Schools Project, (NATL-RE), 5.00%, 01/01/15		546,515
	630,000	Gwinnett County Development Authority Refunding COP, Gwinnett Development Schools Project, (NATL-RE), 5.25%, 01/01/17		707,446
	1,925,000	State of Georgia Refunding GO, Series E-2, 4.00%, 09/01/18		2,182,469
	2,860,000	State of Georgia Refunding GO, Series E-2, 4.00%, 09/01/19		3,272,097
	3,000,000	State of Georgia Refunding GO, Series E-2, 5.00%, 09/01/20		3,613,110
	1,500,000	State of Georgia School Improvement GO, Series B, 5.00%, 01/01/18		1,740,495
				52,289,156

Principal Amount			Value
Hawaii — 0.8%
$	8,000,000	City & County of Honolulu Public Improvements Refunding GO, Series B, 5.00%, 11/01/19	$	9,504,880
	400,000	State of Hawaii Refunding GO, Series DY, 5.00%, 02/01/18		463,943
				9,968,823
Idaho — 0.1%
	1,500,000	Idaho Board Bank Authority Refunding Revenue Bonds, Series D, 5.00%, 09/15/23		1,759,680
Illinois — 1.5%
	3,540,000	Chicago Park District Refunding GO, Series C, (AMBAC), 5.00%, 01/01/23		3,572,320
	900,000	Chicago Transit Authority Federal Transit Revenue Bonds, (AMBAC), 5.00%, 06/01/21		954,090
	1,345,000	City of Champaign Parking Facilities Improvements GO, Series 2008, 5.00%, 12/15/17		1,506,091
	270,000	City of Chicago Refunding GO, OID, Series B (AMBAC), 5.13%, 01/01/15		277,385
	2,215,000	Cook County Community College District No 508 University & College Improvements GO, 5.00%, 12/01/21		2,488,885
	1,000,000	Cook County Community College District No. 524 Moraine Valley GO, Series B, (NATL-RE), 5.00%, 12/01/25		1,161,060
	3,000,000	Illinois State Toll Highway Authority Refunding Revenue Bonds, Series B, 5.00%, 12/01/17		3,447,660
	3,500,000	State of Illinois Public Improvement Refunding Revenue Bonds, 5.00%, 06/15/18		4,052,090
	780,000	University of Illinois College Improvement Refunding Revenue Bonds, Series A, 5.00%, 04/01/21		900,385
	945,000	University of Illinois College Improvement Refunding Revenue Bonds, Series A, 5.00%, 04/01/22		1,061,982
				19,421,948

Principal Amount			Value
Indiana — 2.4%
$	580,000	Anderson School Building Corp., First Mortgage Refunding Revenue Bonds, (AGM, State Aid Withholding), 5.00%, 01/15/16	$	627,490
	1,050,000	Avon Community School Building Corp., First Mortgage Refunding and Improvement Revenue Bonds, (AMBAC, State Aid Withholding), 5.00%, 07/15/16		1,159,232
	650,000	Avon Community School Building Corp., First Mortgage Refunding and Improvement Revenue Bonds, (AMBAC, State Aid Withholding), 5.00%, 01/15/17		724,445
	600,000	Center Grove School Building Corp. First Mortgage Refunding Revenue Bonds, Series A (State Aid Intercept Program), 5.00%, 07/15/20		692,622
	650,000	Decatur Township Marion County Multi-School Building Corp., First Mortgage Revenue Bonds, Series B, (AGM, State Aid Withholding), 5.00%, 07/15/18		720,044
	490,000	East Noble Facilities School Building Corp., First Mortgage Refunding Revenue Bonds, (NATL-RE, State Aid Withholding), 5.00%, 07/15/16		532,365
	510,000	Evansville Vanderburgh Public Library Leasing Corp., First Mortgage Refunding Revenue Bonds, (AMBAC), 5.25%, 07/15/17		546,664
	1,330,000	GCS School Building Corp. One, First Mortgage Refunding Revenue Bonds (State Aid Intercept Program), 5.00%, 01/15/22		1,515,761
	1,350,000	GCS School Building Corp. One, First Mortgage Refunding Revenue Bonds (State Aid Intercept Program), 5.00%, 07/15/22		1,541,417
	1,070,000	Griffith Multi-School Building Corp., First Mortgage Refunding Revenue Bonds, (AGM, State Aid Withholding), 5.00%, 01/15/22		1,137,121

Principal Amount			Value
Indiana (continued)
$	905,000	Hammond School Building Corp., First Mortgage Revenue Bonds, (NATL-RE, State Aid Withholding), 5.00%, 07/15/23	$	939,028
	5,000,000	Indiana Finance Authority Southern Industrial Gas & Electric Refunding Revenue Bonds, Series E, 1.95%, 05/01/37(c)		5,118,050
	500,000	Ivy Tech Community College University & College Improvements Revenue Bonds, Series R-1, 5.00%, 07/01/19		584,865
	1,040,000	Pike Township Multi-School Building Corp. School Improvements Revenue Bonds (State Aid Intercept Program), 3.00%, 01/15/16		1,089,213
	1,060,000	Pike Township Multi-School Building Corp. School Improvements Revenue Bonds (State Aid Intercept Program), 3.00%, 07/15/16		1,122,964
	500,000	Plainfield Elementary School Building Corp., First Mortgage Refunding Revenue Bonds, (NATL-RE, School Board Resolution Funding), 5.00%, 07/15/18		531,415
	715,000	Portage Township Multi-School Building Corp., First Mortgage Refunding Revenue Bonds, (NATL-RE, School Board Resolution Funding), 5.00%, 01/15/16		777,033
	735,000	Portage Township Multi-School Building Corp., First Mortgage Refunding Revenue Bonds, (NATL-RE, School Board Resolution Funding), 5.00%, 07/15/16		812,785
	570,000	Portage Township Multi-School Building Corp., First Mortgage Refunding Revenue Bonds, (NATL-RE, School Board Resolution Funding), 5.00%, 07/15/17		649,920
	2,585,000	Purdue University Student Fee Refunding Revenue Bonds, Series Z-1, 5.00%, 07/01/14		2,636,131

Principal Amount			Value
Indiana (continued)
$	3,000,000	Purdue University Student Fee Refunding Revenue Bonds, Series Z-1, 5.00%, 07/01/15	$	3,201,570
	1,000,000	Tippecanoe County Middle School Building Corp. First Mortgage Refunding Revenue Bonds, (State Aid Withholding), 4.00%, 01/15/15		1,032,360
	765,000	Vigo County School Building Corp., First Mortgage Refunding Revenue Bonds, (AGM, State Aid Withholding), 5.00%, 01/10/16		830,897
	1,000,000	Warsaw Multi-School Building Corp. Revenue Bonds, Series B (State Aid Withholding), 5.75%, 07/15/26		1,076,090
	175,000	Wayne Township School Building Corp., Marion County First Mortgage Revenue Bonds, (NATL-RE, School Board Resolution Funding), 5.00%, 01/15/15		182,632
				29,782,114
Iowa — 0.2%
	1,800,000	Iowa Finance Authority Water Utilities Improvements Revenue Bonds, 5.00%, 08/01/20		2,158,578
Kansas — 0.2%
	2,170,000	Topeka Public Building Commission KBI Forensic Laboratory Project Revenue Bonds, 5.00%, 12/01/17		2,495,565
Kentucky — 0.7%
	3,500,000	Kentucky Asset Liability Commission Federal Highway Trust First Series Revenue Bonds, 5.00%, 09/01/17		3,988,740
	1,600,000	Kentucky State Property & Building Commission Project No. 100 Refunding Revenue Bonds, Series A, 3.00%, 08/01/14		1,622,032
	1,550,000	Kentucky State Property & Building Commission Project No. 106 Refunding Revenue Bonds, Series A, 5.00%, 10/01/15		1,667,521

Principal Amount			Value
Kentucky (continued)
$	1,000,000	Kentucky State Property & Buildings Commission Revenue Bonds, Project No. 88, (NATL-RE, FGIC), 5.00%, 11/01/15	$	1,079,260
				8,357,553
Louisiana — 0.3%
	2,000,000	Louisiana Public Facilities Authority Hurricane Recovery Program Revenue Bonds, (AMBAC), 5.00%, 06/01/16		2,166,300
	2,000,000	State of Louisiana Refunding GO Series C, 5.00%, 07/15/14		2,043,160
				4,209,460
Maine — 0.5%
	700,000	Maine Health & Higher Educational Facilities Authority Refunding Revenue Bonds, Series A, 5.00%, 07/01/17		787,248
	1,475,000	Maine Health & Higher Educational Facilities Authority Refunding Revenue Bonds, Series A, 5.00%, 07/01/20		1,679,804
	1,020,000	Maine Health & Higher Educational Facilities Authority Refunding Revenue Bonds, Series A, 5.00%, 07/01/21		1,157,435
	115,000	Maine Health & Higher Educational Facilities Authority Refunding Revenue Bonds, Series B, (AMBAC, State Resolution Funding GTY), 5.00%, 07/01/16(b)		127,622
	1,800,000	Maine Health & Higher Educational Facilities Authority University & College Improvements Revenue Bonds, Series A, 5.00%, 07/01/16		1,974,762
				5,726,871
Maryland — 2.1%
	625,000	Maryland State Department of Transportation Highway Improvement Refunding Revenue Bonds, 4.50%, 03/01/15		653,838

Principal Amount			Value
Maryland (continued)
$	1,000,000	Maryland State Department of Transportation Highway Improvement Revenue Bonds, 5.00%, 10/01/20	$	1,190,170
	2,030,000	Maryland State Department of Transportation Highway Improvement Revenue Bonds , Series A, 3.00%, 06/15/15		2,106,937
	1,620,000	State of Maryland Public Improvements GO, Series A, 5.25%, 03/01/15		1,707,934
	1,175,000	State of Maryland Public Improvements GO, Series A, 5.00%, 03/15/15		1,237,839
	1,300,000	State of Maryland Public Improvements GO, Series A, 5.00%, 08/01/17		1,496,222
	1,000,000	State of Maryland Public Improvements GO, Series A, 5.00%, 08/01/17		1,150,940
	4,125,000	State of Maryland Public Improvements GO, Series A, 5.00%, 03/15/19		4,906,564
	2,320,000	State of Maryland Refunding GO, Series C, 5.00%, 11/01/17		2,689,367
	8,000,000	State of Maryland Refunding GO, Series C, 4.00%, 11/01/19		9,152,480
				26,292,291
Massachusetts — 9.3%
	3,000,000	Berkshire Regional Transit Authority Cash Flow Management GO Notes (State Aid Appropriation), 1.00%, 09/26/14		3,012,750
	5,000,000	Brockton Area Transit Authority Cash Flow Management GO Notes (State Aid Appropriation), 0.75%, 08/01/14		5,009,850
	4,800,000	Brockton Area Transit Authority Cash Flow Management GO Notes (State Aid Appropriation), 1.00%, 08/01/14		4,814,880
	6,000,000	Cape Cod Regional Transit Authority Cash Flow Management Revenue Notes, 1.00%, 07/30/14		6,019,380

Principal Amount			Value
Massachusetts (continued)
$	700,000	City of Springfield Recreational Facilities Improvements GO (NATL-RE, School Board Resolution Funding), 5.25%, 08/01/14	$	717,122
	4,450,000	Commonwealth of Massachusetts Highway Improvements Revenue Bonds, Series B, 4.00%, 06/15/17		4,949,513
	5,000,000	Commonwealth of Massachusetts Public Improvements GO, Series A, 5.00%, 12/01/17		5,797,100
	4,460,000	Lowell Regional Transit Authority Cash Flow Management Revenue Notes (State Aid Appropriation), 1.00%, 08/08/14		4,474,361
	7,780,000	Massachusetts State Water Pollution Abatement Trust Refunding Revenue Bonds, Sub-Series 16-B, 5.00%, 08/01/20		9,335,144
	1,100,000	Massachusetts Water Pollution Abatement Trust, Refunding Revenue Bonds, Series A, 5.25%, 08/01/14		1,127,511
	2,000,000	Massachusetts Water Resources Authority Refunding Revenue Bonds, Series A, 5.00%, 08/01/22		2,385,360
	4,500,000	Massachusetts Water Resources Authority Refunding Revenue Bonds, Series A (NATL-RE, GO of Authority), 5.25%, 08/01/16		5,037,570
	6,800,000	Massachusetts Water Resources Authority Refunding Revenue Bonds, Series C, (GO of Authority), 5.00%, 08/01/23		7,883,988
	6,325,000	Merrimack Valley Regional Transit Authority Cash Flow Management Revenue Notes, 1.00%, 06/20/14		6,340,813
	4,950,000	Metrowest Regional Transit Authority Cash Flow Management GO Notes, (State Aid Appropriation), 0.75%, 09/26/14		4,963,068
	16,275,000	Montachusett Regional Transit Authority Cash Flow Management GO Notes, (State Aid Appropriation), 1.00%, 08/08/14		16,327,406

Principal Amount			Value
Massachusetts (continued)
$	16,880,000	Pioneer Valley Transit Authority Cash Flow Management Revenue Notes, 1.00%, 07/25/14	$	16,933,003
	11,961,000	Worcester Regional Transit Authority Refunding Revenue Notes, 1.00%, 06/20/14		11,990,903
				117,119,722
Michigan — 1.7%
	345,000	Clintondale Community Schools Refunding GO, (NATL-RE, Q-SBLF), 5.00%, 05/01/20		357,806
	635,000	Dexter Community Schools Refunding GO (Q-SBLF), 4.00%, 05/01/18		698,849
	400,000	Hudsonville Public Schools Improvements GO, (Q-SBLF), 5.00%, 05/01/18		464,427
	550,000	Hudsonville Public Schools Improvements GO, (Q-SBLF), 5.00%, 05/01/19		647,235
	125,000	Jackson Public Schools Refunding GO, (AGM, Q-SBLF), 5.00%, 05/01/15		126,448
	25,000	Jackson Public Schools Refunding GO, (AGM, Q-SBLF), 5.00%, 05/01/15(b)		25,290
	1,335,000	Michigan State Building Authority Refunding Revenue Bonds, Series I-A, 5.00%, 10/15/15		1,439,304
	1,375,000	Northville Public Schools Refunding GO, (Q-SBLF), 5.00%, 05/01/18		1,569,466
	1,155,000	River Rouge School District Refunding GO, (Q-SBLF), 5.00%, 05/01/16		1,262,681
	775,000	River Rouge School District Refunding GO, (Q-SBLF), 5.00%, 05/01/18		884,608
	1,160,000	River Rouge School District Refunding GO, (Q-SBLF), 5.00%, 05/01/21		1,340,925
	1,000,000	River Rouge School District Refunding GO, (Q-SBLF), 5.00%, 05/01/22		1,152,080
	2,000,000	Rochester Community School District Refunding GO, (Q-SBLF), 4.00%, 05/01/15		2,091,440

Principal Amount			Value
Michigan (continued)
$	2,000,000	Romulus Community Schools Refunding GO (Q-SBLF), 5.00%, 05/01/22	$	2,304,160
	265,000	Stockbridge Community Schools Refunding GO, (AGM, Q-SBLF), 5.00%, 05/01/21		274,606
	4,530,000	University of Michigan Refunding Revenue Bonds, Series C, 4.00%, 04/01/19		5,096,975
	2,045,000	Ypsilanti School District Refunding GO (Assured GTY, Q-SBLF), 5.00%, 05/01/16		2,235,655
				21,971,955
Minnesota — 1.7%
	1,300,000	City of Minneapolis Public Improvements GO, 5.00%, 12/01/17		1,505,647
	2,500,000	Minnesota Public Facilities Authority Clean Water Refunding Revenue Bonds, Series A, 5.00%, 03/01/14		2,508,590
	450,000	Minnesota Public Facilities Authority Clean Water Revenue Bonds, Series B, 5.00%, 03/01/16		491,103
	1,745,000	New Prague Independent School District No 721 Crossover Refunding GO, (School District Credit Program), 4.00%, 02/01/19		1,980,924
	5,425,000	St. Paul Port Authority Anderson Office Building Refunding Revenue Bonds, Series 3, 5.00%, 12/01/19		6,409,963
	2,000,000	St. Paul Port Authority Anderson Office Building Refunding Revenue Bonds, Series 3, 5.00%, 12/01/21		2,357,840
	4,865,000	State of Minnesota Public Improvements GO, 5.00%, 11/01/14(b)		5,033,621
	1,000,000	State of Minnesota Refunding Revenue Bonds, Series B, 5.00%, 03/01/21		1,188,210
				21,475,898

Principal Amount				Value
Mississippi — 0.2%
$	1,810,000	Mississippi Development Bank Department of Corrections Refunding Revenue Bonds, Series D, 5.00%, 08/01/18	$	2,061,210
Missouri — 1.1%
	1,020,000	County of Jackson Refunding Revenue Bonds, 4.00%, 12/01/21		1,103,926
	300,000	County of Jackson Refunding Revenue Bonds, 4.00%, 12/01/22		319,737
	500,000	Jackson County Reorganized School District No. 4 Blue Springs Refunding GO, Series B, (State Aid Direct Deposit), 5.00%, 03/01/18		572,709
	2,225,000	Missouri State Health & Educational Facilities Authority Columbia Arena Project Refunding Revenue Bonds, 5.00%, 10/01/19		2,623,231
	2,000,000	Missouri State Health & Educational Facilities Authority Columbia Arena Project Refunding Revenue Bonds, 5.00%, 10/01/21		2,361,620
	1,205,000	Missouri State Highways & Transportation Commission Refunding Revenue Bonds, Senior Lien, 5.00%, 02/01/14		1,205,000
	5,000,000	St. Louis School District Direct Deposit Program GO, (State Aid Direct Deposit), 5.00%, 04/01/22		5,726,050
				13,912,273
Nevada — 0.6%
	1,750,000	Clark County School District School Improvements GO, Series C (AGM), 5.00%, 12/15/15(b)		1,901,165
	2,605,000	Clark County Water Reclamation District GO, Series A, 5.25%, 07/01/20		2,986,320
	3,110,000	Las Vegas Valley Water District Refunding GO, Series A, (NATL-RE, FGIC), 5.00%, 06/01/20		3,253,993
				8,141,478

Principal Amount			Value
New Hampshire — 0.2%
$	2,250,000	State of New Hampshire Highway Improvements Revenue, 5.00%, 09/01/19	$	2,654,933
New Jersey — 4.9%
	255,000	Denville Township Board of Education Refunding GO, (AGM, School Board Resolution Funding), 4.00%, 02/15/17		274,824
	7,000,000	Garden State Preservation Trust Refunding Revenue Bonds, Series A, 5.00%, 11/01/17		8,094,730
	5,000,000	Monmouth County Improvement Authority Government Pooled Loan Refunding Revenue Notes (County GTY), 2.00%, 12/04/14		5,076,800
	200,000	Monmouth County Improvement Authority Refunding Revenue Bonds (County GTY, Municipal Government GTY), 5.00%, 12/01/22		237,789
	3,050,000	New Jersey Building Authority Refunding Revenue Bonds, Series A, 5.00%, 06/15/16		3,365,645
	5,000,000	New Jersey Economic Development Authority School Facilities Construction Refunding Revenue Bonds, Series N-1, (AMBAC), 5.50%, 09/01/24		5,886,900
	1,500,000	New Jersey Economic Development Authority School Facilities Construction Refunding Revenue Bonds, Series W, 5.00%, 03/01/18		1,721,355
	500,000	New Jersey Economic Development Authority School Facilities Construction Revenue Bonds, Series O, 5.00%, 03/01/18		525,579
	11,690,000	New Jersey Economic Development Authority School Facility Construction Refunding Revenue Bonds, Series EE, 5.00%, 09/01/17		13,304,740

Principal Amount			Value
New Jersey (continued)
$	1,000,000	New Jersey Educational Facilities Authority Higher Education Capital Improvement Refunding Revenue Bonds, Series A, (AGM), 5.00%, 09/01/14	$	1,027,550
	1,415,000	New Jersey Educational Facilities Authority Ramapo College Revenue Bonds, Series A, 5.00%, 07/01/14		1,441,927
	25,000	New Jersey Environmental Infrastructure Trust Revenue Bonds, Series 2012, 5.00%, 09/01/16(b)		27,899
	1,160,000	New Jersey Environmental Infrastructure Trust Revenue Bonds, Series 2013, 5.00%, 09/01/16		1,292,611
	15,000	New Jersey Environmental Infrastructure Trust Revenue Bonds, Series A, 5.00%, 09/01/16(b)		16,739
	5,105,000	New Jersey Sports & Exposition Authority Refunding Revenue Bonds, Series B (State Appropriation), 5.00%, 09/01/18		5,802,037
	40,000	New Jersey Sports & Exposition Authority Refunding Revenue Bonds, Series B (State Appropriation), 5.00%, 09/01/18(b)		46,995
	1,300,000	New Jersey State Turnpike Authority Refunding Revenue Bonds, Series B, 5.00%, 01/01/20		1,515,410
	5,000,000	New Jersey Transportation Trust Fund Authority Refunding Revenue Bonds, Series B (NATL-RE), 5.25%, 12/15/14		5,217,550
	1,885,000	New Jersey Transportation Trust Fund Authority Transit Improvement Revenue Bonds, Series A, (State Appropriation), 5.00%, 06/15/16		2,084,791
	1,375,000	New Jersey Transportation Trust Fund Authority Transportation Systems Refunding Revenue Bonds, Series B, (NATL-RE), 5.50%, 12/15/15		1,505,433

Principal Amount			Value
New Jersey (continued)
$	2,750,000	New Jersey Transportation Trust Fund Authority Transportation Systems Refunding Revenue Bonds, Series B-5, 5.25%, 12/15/19(d)	$	3,260,290
	335,000	New Milford School District Refunding GO, (School Board Resolution Funding), 4.00%, 08/15/15		353,666
				62,081,260
New Mexico — 0.2%
	1,000,000	Gadsden Independent School District No 16 Refunding GO, Series B (State Aid Withholding), 4.00%, 08/15/16		1,080,700
	250,000	Gadsden Independent School District No 16 Refunding GO, Series B (State Aid Withholding), 4.00%, 08/15/17		275,658
	1,000,000	State of New Mexico Public Improvements GO, 5.00%, 03/01/15		1,051,500
				2,407,858
New York — 28.6%
	5,000,000	City of New York Public Improvements GO, Series C, Sub-Series C-A, 5.00%, 08/01/17(d)		5,713,700
	1,355,000	City of New York Public Improvements GO, Series D, 5.00%, 11/01/14(b)		1,403,197
	545,000	City of New York Public Improvements GO, Series D, 5.00%, 11/01/21		562,980
	3,500,000	City of New York Public Improvements GO, Sub-Series D-1, 5.00%, 08/01/22		4,086,810
	5,000,000	City of New York Refunding GO, Series B, 5.00%, 08/01/17		5,713,700
	2,155,000	City of New York Refunding GO, Series C, 5.00%, 08/01/20		2,535,120
	800,000	City of New York Refunding GO, Series C, 5.00%, 08/01/22		934,128
	8,170,000	City of New York Refunding GO, Series D, 5.00%, 08/01/22		9,539,782

Principal Amount			Value
New York (continued)
$	1,000,000	City of New York Refunding GO, Series E, 5.00%, 08/01/14	$	1,023,790
	4,000,000	City of New York Refunding GO, Series E, 5.00%, 08/01/17		4,570,960
	10,000,000	City of New York Refunding GO, Series G, 5.00%, 08/01/17		11,427,400
	17,000,000	City of New York Refunding GO, Series G, 5.00%, 08/01/22		19,850,220
	3,360,000	City of New York Refunding GO, Series I, 5.00%, 08/01/16		3,735,278
	5,000,000	City of New York Refunding GO, Series I, 5.00%, 08/01/17		5,713,700
	2,000,000	Erie County Industrial Development Agency Refunding Revenue Bonds, Series B, (State Aid Withholding), 5.00%, 05/01/18		2,311,360
	5,000,000	Erie County Industrial Development Agency Refunding Revenue Bonds, Series B, (State Aid Withholding), 5.00%, 05/01/23		5,680,950
	3,500,000	Metropolitan Transportation Authority Refunding Revenue Bonds, Series D, 5.00%, 11/15/18		4,076,730
	10,000,000	Metropolitan Transportation Authority Refunding Revenue Bonds, Series D, 5.00%, 11/15/21		11,588,200
	1,000,000	Metropolitan Transportation Authority Refunding Revenue Bonds, Series D-1, 5.00%, 11/01/22(d)		1,146,080
	1,925,000	Metropolitan Transportation Authority Refunding Revenue Bonds, Series F, 5.00%, 11/15/21		2,230,729
	2,150,000	Metropolitan Transportation Authority Transit Improvements Revenue Bonds, Series A, 4.00%, 11/15/15		2,290,137
	1,910,000	Metropolitan Transportation Authority Transit Improvements Revenue Bonds, Series C, 5.00%, 11/15/21		2,213,346

Principal Amount			Value
New York (continued)
$	1,000,000	Municipal Assistance Corp. For The City of Troy General Resolution Refunding Revenue Bonds, Series A, (GO of Corp.), 4.50%, 01/15/15	$	1,029,840
	3,760,000	New York City Health & Hospital Corp. Refunding Revenue Bonds, Series A, (GO of Corp.), 5.00%, 02/15/14		3,765,903
	2,500,000	New York City Municipal Water Finance Authority Fiscal 2009 Revenue Bonds, Series A, 5.50%, 06/15/21		2,953,050
	1,250,000	New York City Municipal Water Finance Authority Fiscal 2014 Refunding Revenue Bonds, Series CC-2, 5.00%, 06/15/18		1,405,013
	9,375,000	New York City Transitional Finance Authority Future Tax Secured Refunding Revenue Bonds, Series A, 5.00%, 11/01/18		11,001,750
	1,060,000	New York City Transitional Finance Authority Future Tax Secured Refunding Revenue Bonds, Series A-1, 5.00%, 11/01/14		1,097,948
	1,005,000	New York City Transitional Finance Authority Future Tax Secured Refunding Revenue Bonds, Series B, 5.00%, 11/01/17(b)		1,165,408
	995,000	New York City Transitional Finance Authority Future Tax Secured Refunding Revenue Bonds, Series B, 5.00%, 11/01/17		1,150,608
	1,950,000	New York City Transitional Finance Authority Future Tax Secured Refunding Revenue Bonds, Series B, 5.00%, 02/01/18		2,256,755
	15,920,000	New York City Transitional Finance Authority Future Tax Secured Refunding Revenue Bonds, Sub-Series B, 5.00%, 11/01/21		18,926,014
	3,025,000	New York City Transitional Finance Authority Future Tax Secured Refunding Revenue Bonds, Sub-Series G, 5.00%, 11/01/18		3,549,898

Principal Amount			Value
New York (continued)
$	1,045,000	New York City Transitional Finance Authority Future Tax Secured Refunding Revenue Bonds, Sub-Series G, 5.00%, 11/01/19	$	1,241,575
	2,425,000	New York City Transitional Finance Authority Future Tax Secured Refunding Revenue Bonds, Sub-Series G, 5.00%, 11/01/21		2,882,889
	935,000	New York City Transitional Finance Authority Future Tax Secured Refunding Revenue Bonds, Sub-Series H, 5.00%, 11/01/18		1,097,241
	1,535,000	New York City Transitional Finance Authority Future Tax Secured Refunding Revenue Bonds, Sub-Series H, 5.00%, 11/01/21		1,824,839
	2,195,000	New York City Transitional Finance Authority Future Tax Secured Revenue Bonds, Series SE, 5.25%, 02/01/14(b)		2,195,000
	515,000	New York City Transitional Finance Authority Future Tax Secured Revenue Bonds, Sub-Series, F-1, 5.00%, 02/01/19		606,485
	6,300,000	New York City Transitional Finance Authority Public Improvement Revenue Bonds, Series B-3, 5.00%, 11/01/14		6,525,036
	1,815,000	New York City Transitional Finance Authority Public Improvement Revenue Bonds, Series C, 5.00%, 11/01/17		2,098,848
	2,200,000	New York City Transitional Finance Authority Public Improvements Revenue Bonds, Series A-1, 5.00%, 05/01/22		2,529,010
	3,235,000	New York City Transitional Finance Authority School Improvement Revenue Bonds, Sub-Series S-1A, (State Aid Withholding), 5.00%, 07/15/21		3,824,579
	700,000	New York Local Government Assistance Corp. Refunding Revenue Bonds, Sub-Series A-5-6, 5.00%, 04/01/17		797,307

Principal Amount			Value
New York (continued)
$	5,100,000	New York Municipal Bond Bank Agency Refunding Revenue Bonds, (State Aid Withholding), 4.00%, 12/01/17	$	5,690,631
	10,000,000	New York Municipal Bond Bank Agency Refunding Revenue Bonds, (State Aid Withholding), 5.00%, 12/01/21		11,758,100
	2,000,000	New York State Dormitory Authority Economic Development & Housing Revenue Bonds, Series A, 5.00%, 12/15/17		2,318,720
	750,000	New York State Dormitory Authority Current Refunding Revenue Bonds, Series A, 4.00%, 07/01/16		809,685
	900,000	New York State Dormitory Authority Economic Development & Housing Revenue Bonds, Series A, 4.00%, 12/15/16		989,100
	10,005,000	New York State Dormitory Authority General Purpose Revenue Bonds, Series A, 5.00%, 02/15/19		11,795,695
	15,000	New York State Dormitory Authority Mental Health Services Facility Refunding Revenue Bonds, (State Appropriation), 5.00%, 08/15/18(b)		17,621
	1,770,000	New York State Dormitory Authority Mental Health Services Facility Refunding Revenue Bonds, Series A, (State Appropriation), 4.50%, 08/15/17		1,990,117
	550,000	New York State Dormitory Authority Mental Health Services Facility Revenue Bonds, (NATL-RE, FGIC, State Appropriation), 5.00%, 02/15/16		575,575
	2,485,000	New York State Dormitory Authority Mental Health Services Facility Revenue Bonds, (State Appropriation), 5.00%, 08/15/18		2,879,693
	2,110,000	New York State Dormitory Authority Refunding Revenue Bonds, 5.00%, 08/15/18		2,415,169

Principal Amount			Value
New York (continued)
$	15,000,000	New York State Dormitory Authority Refunding Revenue Bonds, Series A, 5.00%, 12/15/20	$	17,860,650
	1,045,000	New York State Dormitory Authority School Improvement Revenue Bonds, Series A, 5.00%, 03/15/21		1,242,672
	4,000,000	New York State Dormitory Authority School Improvement Revenue Bonds, Series C, 5.00%, 03/15/17		4,541,640
	2,000,000	New York State Environmental Facilities Corp. Refunding Revenue Bonds, Sub-Series A, 5.00%, 06/15/19		2,384,280
	7,000,000	New York State Thruway Authority Highway Improvement Refunding Revenue Bonds, Series B, 5.00%, 04/01/20		8,094,170
	1,420,000	New York State Thruway Authority Highway Improvement Revenue Bonds, Series A, 5.00%, 03/15/17		1,612,282
	1,500,000	New York State Thruway Authority Highway Improvement Revenue Bonds, Series A, 5.00%, 03/15/18		1,743,030
	6,000,000	New York State Thruway Authority Highway Improvement Revenue Bonds, Series A, 5.00%, 03/15/19		6,517,200
	1,430,000	New York State Thruway Authority Highway Improvement Revenue Bonds, Series A, 5.00%, 03/15/20		1,697,310
	5,000,000	New York State Thruway Authority Highway Improvement Revenue Bonds, Series A, 5.00%, 03/15/21		5,746,200
	1,900,000	New York State Thruway Authority Highway Improvement Revenue Bonds, Series B, 5.00%, 04/01/21		2,170,845
	400,000	New York State Thruway Authority Refunding Revenue Bonds, Series A, 5.00%, 03/15/17		454,163

Principal Amount			Value
New York (continued)
$	8,000,000	New York State Thruway Authority Refunding Revenue Bonds, Series A, 5.00%, 03/15/21	$	9,414,160
	5,000,000	New York State Thruway Authority Refunding Revenue Bonds, Series B, 5.00%, 04/01/21		5,754,800
	925,000	New York State Thruway Authority Refunding Revenue Bonds, Series B (AMBAC), 5.00%, 04/01/19		990,823
	1,000,000	New York State Urban Development Corp. Economic Improvements Revenue Bonds, Series A1, 4.00%, 12/15/16		1,099,000
	4,705,000	New York State Urban Development Corp. Public Improvement Revenue Bonds, Series A-1, 5.00%, 03/15/22		5,571,191
	500,000	New York State Urban Development Corp. Refunding Revenue Bonds, Series D, 5.00%, 01/01/15		521,889
	5,000,000	New York State Urban Development Corp. Refunding Revenue Bonds, Series D, 5.50%, 01/01/19		5,939,800
	1,000,000	New York State Urban Development Corp. Service Contract Refunding Revenue Bonds, (AGM), 5.00%, 01/01/15		1,043,780
	10,000,000	Port Authority of New York & New Jersey Refunding Revenue Bonds, 5.00%, 12/01/20		11,862,000
	3,555,000	Port Authority of New York & New Jersey Refunding Revenue Bonds, Series 179, 5.00%, 12/01/18		4,164,185
	12,250,000	Tobacco Settlement Financing Corp. Asset Backed Refunding Revenue Bonds, Series A, 5.00%, 06/01/18		14,165,533
	5,000,000	Triborough Bridge & Tunnel Authority Cash Flow Management Revenue Bonds, Series A, 5.00%, 05/15/15		5,306,100

Principal Amount			Value
New York (continued)
$	6,845,000	Triborough Bridge & Tunnel Authority Refunding Revenue Bonds, Series B, 5.00%, 11/15/18	$	8,042,191
	5,390,000	Triborough Bridge & Tunnel Authority Toll Road Refunding Revenue Bonds, Series B, 5.00%, 11/15/23		6,372,597
	1,000,000	Utility Debt Securitization Authority Restructuring Refunding Revenue Bonds, Series TE, 5.00%, 12/15/18		1,120,980
				358,946,870
North Carolina — 1.8%
	680,000	Appalachian State University Refunding Revenue Bonds, 5.00%, 05/01/20		792,567
	905,000	Buncombe County Refunding Revenue Bonds, 5.00%, 06/01/21		1,058,796
	1,355,000	Cabarrus County School Improvement COP, 5.00%, 01/01/21		1,531,164
	1,005,000	City of Charlotte Equipment Acquisition Refunding COP, 5.00%, 12/01/16		1,121,650
	4,000,000	County of Mecklenburg Refunding GO, 5.00%, 02/01/19		4,746,720
	3,015,000	County of Mecklenburg Refunding GO, Series A, 5.00%, 12/01/22		3,640,160
	615,000	Dare County Refunding Revenue Bonds, Series D, 4.00%, 06/01/17		677,896
	675,000	Dare County Refunding Revenue Bonds, Series D, 4.00%, 06/01/18		750,445
	675,000	Dare County Refunding Revenue Bonds, Series D, 5.00%, 06/01/21		788,724
	335,000	Dare County Refunding Revenue Bonds, Series D, 5.00%, 06/01/24		383,475
	1,285,000	Dare County School Improvements COP, (NATL-RE, FGIC), 5.00%, 06/01/17		1,365,338
	1,565,000	Johnston County School Improvements GO, (NATL-RE), 5.00%, 02/01/20		1,709,105

Principal Amount			Value
North Carolina (continued)
$	325,000	North Carolina State University At Raleigh Refunding Revenue Bonds, Series A, 5.00%, 10/01/21	$	389,292
	2,000,000	Orange County Public Facilities Co. Refunding Revenue Bonds, 5.00%, 10/01/21		2,363,160
	1,745,000	State of North Carolina Annual Appropriation Revenue Bonds, Series A, 4.50%, 05/01/14		1,763,462
				23,081,954
Ohio — 0.6%
	2,365,000	Ohio State Building Authority Facilities Administration Building Project Refunding Revenue Bonds, Series B, (NATL-RE, FGIC), 5.00%, 10/01/18		2,759,009
	400,000	Ohio State Department of Administrative Services Knowledge System COP, Series A, (NATL-RE), 5.00%, 09/01/16		418,955
	1,000,000	State of Ohio Capital Facilities Lease Appropriation Refunding Revenue Bonds, 5.00%, 10/01/17		1,146,710
	1,300,000	State of Ohio Refunding GO, Series B, 5.00%, 09/15/14		1,338,493
	1,730,000	University of Cincinnati College & University Refunding Revenue Bonds, Series A, (State Appropriation), 5.00%, 06/01/17		1,958,585
				7,621,752
Oklahoma — 0.1%
	1,000,000	City of Oklahoma City Refunding GO, 4.00%, 03/01/14		1,002,682
Oregon — 0.8%
	1,300,000	City of Portland Water System Refunding Revenue Bonds, Series A, 5.00%, 05/01/17		1,482,286
	2,015,000	Lane County School District No 19 Springfield School Improvements GO, Series B, (AGM, School Board GTY), 5.00%, 06/15/17		2,267,883

Principal Amount			Value
Oregon (continued)
$	1,000,000	Multnomah County School District No 1 School Improvements GO, Series A (School Board GTY), 5.00%, 06/15/14	$	1,017,570
	100,000	Multnomah-Clackamas Counties Centennial School District No 28JT Refunding GO, (AGM, School Board GTY), 5.00%, 12/15/19		117,661
	1,900,000	Washington & Multnomah Counties School District No 48J Beaverton Refunding GO, Series B, (School Board GTY), 4.00%, 06/15/19		2,153,213
	1,000,000	Washington County School District No 15 Forest Grove Refunding GO, (AGM, School Board GTY), 5.00%, 06/15/14		1,017,570
	2,200,000	Yamhill Clackamas & Washington Counties School District No 29J Newberg Refunding GO (NATL-RE, School Board GTY), 5.50%, 06/15/17		2,547,776
				10,603,959
Pennsylvania — 1.3%
	7,000,000	Pennsylvania Economic Development Financing Authority Refunding Revenue Bonds, Series A, 5.00%, 01/01/18		8,113,560
	7,000,000	Philadelphia School District Refunding GO, Series C (State Aid Withholding), 5.00%, 09/01/18		7,949,200
				16,062,760
Puerto Rico — 0.0%
	120,000	Puerto Rico Highway & Transportation Authority Highway Improvements Revenue Bonds OID, Series W, 5.50%, 07/01/15(b)		125,326
Rhode Island — 0.1%
	705,000	Rhode Island Health & Educational Building Corp. Town of East Greenwich Revenue Bonds, Series A, (Municipal Government GTY), 4.00%, 05/15/18		775,599

Principal Amount			Value
Rhode Island (continued)
$	775,000	State of Rhode Island Energy Conservation COP, Series A, 3.00%, 04/01/14	$	778,557
				1,554,156
South Carolina — 1.0%
	4,530,000	County of Charleston Refunding GO, Series A, 5.00%, 11/01/21		5,460,100
	880,000	Lexington County School District No 2 Refunding GO (South Carolina School District), 4.00%, 03/01/17		966,134
	2,090,000	Lexington County School District No 2 Refunding GO (South Carolina School District), 5.00%, 03/01/18		2,408,307
	1,635,000	Lexington County School District No 2 Refunding GO (South Carolina School District), 5.00%, 03/01/20		1,920,258
	330,000	State of South Carolina University & College Improvements GO, Series B, 5.00%, 03/01/19		391,707
	680,000	State of South Carolina University & College Improvements GO, Series E (State Aid Withholding), 5.00%, 03/01/19		807,153
				11,953,659
Tennessee — 0.1%
	1,075,000	City of Knoxville Wastewater System Revenue Bonds, Series B, 5.00%, 04/01/22		1,259,277
Texas — 11.0%
	1,255,000	Alamo Community College District GO, Series A, (NATL-RE), 5.50%, 08/15/15		1,355,814
	4,220,000	Alamo Community College District Refunding GO, 4.00%, 02/15/17		4,651,200
	95,000	Aledo Independent School District Improvements GO, (PSF-GTD), 5.00%, 02/15/15(b)		99,710
	1,165,000	Aledo Independent School District Improvements GO, (PSF-GTD), 5.00%, 02/15/20		1,216,330

Principal Amount			Value
Texas (continued)
$	515,000	Arlington Independent School District Improvements GO, Series A, (PSF-GTD), 5.00%, 02/15/14	$	515,672
	600,000	Arlington Independent School District Improvements GO, Series A, (PSF-GTD), 4.00%, 02/15/15		623,651
	400,000	Beaumont Independent School District Improvements GO, (PSF-GTD), 4.00%, 02/15/18		446,583
	955,000	Carrollton-Farmers Branch Independent School District Refunding GO, Series A, (PSF-GTD), 2.00%, 02/15/14		955,538
	1,300,000	City of Austin Public Property Finance Contractual GO, 1.00%, 11/01/14		1,308,151
	515,000	City of Denton Certificates of Obligation GO, (NATL-RE), 5.00%, 02/15/14		515,146
	895,000	City of El Paso Water & Sewer Refunding Revenue Bonds, (NATL-RE), 4.50%, 03/01/14		895,271
	1,095,000	City of Friendswood Waterworks & Sewer System Refunding Revenue Bonds, (AGM), 5.00%, 03/01/21		1,177,563
	4,000,000	City of Houston Refunding Public Improvement GO, Series A, (NATL-RE), 5.25%, 03/01/14		4,005,112
	3,000,000	City of Houston Refunding Public Improvement GO, Series A, (NATL-RE), 5.38%, 03/01/15		3,011,310
	1,000,000	City of League Waterworks & Sewer GO, Series A, 5.00%, 02/15/22		1,168,140
	1,775,000	City of Lubbock Public Improvement GO, 5.25%, 02/15/20		2,044,108
	950,000	City of Richardson Public Improvememt GO, (NATL-RE), 5.25%, 02/15/15(b)		999,533
	330,000	City of Richardson Public Improvememt GO, (NATL-RE), 5.25%, 02/15/20		344,131
	265,000	City of Rockwall Refunding GO, 4.00%, 08/01/22		283,842

Principal Amount			Value
Texas (continued)
$	260,000	Coppell Independent School District School Building GO, (PSF-GTD), 4.00%, 08/15/16	$	282,898
	1,710,000	County of Bexar Limited Tax Refunding GO, 2.00%, 06/15/15		1,751,810
	1,025,000	County of Bexar Limited Tax Refunding GO, 2.00%, 06/15/15		1,050,061
	875,000	County of Bexar Limited Tax Refunding GO, 3.00%, 06/15/16		927,553
	1,200,000	County of Bexar Limited Tax Refunding GO, 4.00%, 06/15/16		1,300,224
	580,000	County of Bexar Limited Tax Refunding GO, 4.00%, 06/15/16		628,442
	1,420,000	County of Nueces Public Improvements GO, (AMBAC), 5.00%, 02/15/14(b)		1,422,197
	1,000,000	County of Williamson Limited Tax Refunding GO, 5.00%, 02/15/21		1,186,400
	1,095,000	Cypress-Fairbanks Independent School District Refunding GO, Series A, (PSF-GTD), 4.00%, 02/15/17		1,206,887
	245,000	Deer Park Independent School District Limited Tax GO, (AGM), 5.00%, 02/15/17		275,407
	7,630,000	Denton Independent School District GO, (PSF-GTD), 2.00%, 08/01/43(c)		7,851,346
	8,360,000	Eagle Mountain & Saginaw Independent School District GO (PSF-GTD), 2.50%, 08/01/50(c)		8,448,950
	520,000	Forsan Independent School District Refunding GO (PSF-GTD), 4.00%, 02/15/17		572,146
	250,000	Frisco Independent School District School Building GO, Series A, (PSF-GTD), 6.13%, 08/15/21		302,015
	700,000	Grapevine Tax Increment Refunding GO, Series A, (NATL-RE), 5.00%, 08/15/17		731,213
	1,000,000	Grapevine Tax Increment Refunding GO, Series A, (NATL-RE), 5.00%, 08/15/19		1,042,060

Principal Amount			Value
Texas (continued)
$	330,000	Grapevine-Colleyville Independent School District Refunding GO, (PSF-GTD), 5.00%, 08/15/15(b)	$	353,836
	1,025,000	Hallsville Independent School District Refunding GO, (PSF-GTD), 4.00%, 02/15/15		1,065,406
	720,000	Hallsville Independent School District Refunding GO, (PSF-GTD), 4.00%, 02/15/16		770,321
	1,000,000	Harris County Refunding GO, Series C, (AGM), 5.25%, 08/15/19		1,196,450
	10,000	Hays Consolidated Independent School District GO, (PSF-GTD), 5.25%, 08/15/14(b)		10,264
	365,000	Hays Consolidated Independent School District GO, (PSF-GTD), 5.25%, 08/15/18		374,716
	500,000	Hidalgo County Certificates of Obligation GO, (NATL-RE), 4.50%, 08/15/19		538,749
	1,500,000	Houston Community College System Refunding GO, 5.00%, 02/15/21		1,791,480
	2,990,000	Houston Community College System Student Fee Revenue Bonds, Senior Lien, (AGM), 5.25%, 04/15/21		3,370,029
	1,000,000	Houston Community College System University and College Improvements GO, 5.00%, 02/15/21		1,194,320
	5,000,000	Houston Independent School District Limited Tax School House GO, Series B, (PSF-GTD), 1.00%, 06/01/35(c)		5,010,750
	2,745,000	Hurst-Euless-Bedford Independent School District Improvememts GO, (PSF-GTD), 5.00%, 08/15/14		2,815,519
	385,000	Joshua Independent School District Refunding GO, Series C (PSF-GTD), 5.45%, 02/15/16		403,476
	1,570,000	Lewisville Independent School District Refunding GO, (PSF-GTD), 5.00%, 08/15/14		1,610,333

Principal Amount			Value
Texas (continued)
$	4,500,000	Lower Colorado River Authority Refunding Revenue Bonds, 5.00%, 05/15/16	$	4,936,455
	560,000	McAllen Independent School District Refunding GO, (PSF-GTD), 5.00%, 02/15/16		587,765
	5,625,000	Midlothian Independent School District GO, Series B (PSF-GTD), 2.25%, 08/01/51(c)		5,682,713
	6,000,000	North East Independent School District GO, Series A (PSF-GTD), 1.00%, 08/01/43(c)		6,015,780
	13,000,000	Northside Independent School District Refunding GO (PSF-GTD), 1.50%, 08/01/34(c)(d)		13,210,080
	1,905,000	Northside Independent School District Refunding GO, Series A, (PSF-GTD), 1.35%, 06/01/39(c)		1,911,439
	6,500,000	Northside Independent School District, School Improvements GO (PSF-GTD), 1.90%, 08/01/40(c)		6,550,440
	1,105,000	Pasadena Independent School District GO, (PSF-GTD), 5.00%, 02/15/17		1,251,015
	525,000	Red Oak Independent School District School Building GO, (PSF-GTD), 5.00%, 08/15/18		601,745
	275,000	Rockwall Independent School District Improvements GO, (PSF-GTD), 4.75%, 02/15/15(b)		287,928
	225,000	Rockwall Independent School District Improvements GO, (PSF-GTD), 4.75%, 02/15/15		235,601
	1,255,000	San Felipe-Del Rio Consolidated Independent School District Refunding GO, (PSF-GTD), 3.00%, 02/15/15		1,291,583
	1,100,000	San Felipe-Del Rio Consolidated Independent School District Refunding GO, (PSF-GTD), 3.00%, 02/15/16		1,157,013
	1,005,000	San Jacinto Community College District Refunding GO, (AMBAC), 4.25%, 02/15/14		1,005,138

Principal Amount			Value
Texas (continued)
$	145,000	Seagraves Independent School District School Building GO, (PSF-GTD), 4.00%, 02/15/19	$	162,417
	2,600,000	Spring Branch Independent School District School House Improvements GO, (PSF-GTD), 3.00%, 06/15/41(c)		2,687,334
	2,705,000	Spring Independent School District School Building GO, (PSF-GTD), 5.00%, 02/15/15		2,839,384
	1,070,000	Texas State Transportation Commission Revenue Bonds, First Tier, 5.00%, 04/01/17		1,215,135
	1,390,000	Texas State University Systems University and College Improvement Revenue Bonds, 5.00%, 03/15/17		1,574,078
	1,900,000	University of North Texas Refunding Revenue Bonds, 5.00%, 04/15/20		2,236,547
	4,730,000	University of North Texas Refunding Revenue Bonds, 5.00%, 04/15/21		5,537,979
	1,610,000	University of Texas Financing Systems Refunding Revenue Bonds, Series E, 5.00%, 08/15/15		1,727,047
	145,000	Victoria Utility System, Water & Wastewater Authority Refunding Revenue Bonds, (AMBAC), 5.00%, 12/01/17		165,697
				137,972,376
Utah — 0.2%
	1,975,000	Alpine School District School Building GO, (School Board GTY), 5.00%, 03/15/21		2,283,416
	125,000	South Jordan Water Refunding Revenue Bonds, (AMBAC), 5.00%, 11/01/15		135,181
				2,418,597
Virginia — 2.5%
	715,000	City of Charlottesville Public Improvememts GO, 3.00%, 08/15/14		725,825

Principal Amount			Value
Virginia (continued)
$	1,000,000	City of Newport News Water Improvement Refunding GO, Series B (State Aid Withholding), 5.25%, 07/01/14	$	1,020,750
	155,000	City of Norfolk Water Refunding Revenue Bonds, 5.00%, 11/01/22		183,052
	1,290,000	City of Roanoke Refunding GO, Series A (State Aid Withholding), 5.00%, 07/15/23		1,527,592
	600,000	County of Prince William Facilities Refunding COP, 4.00%, 10/01/17		663,534
	1,350,000	Fairfax County Economic Development Authority Community Services Facilities Project Revenue Bonds, Series A, 4.50%, 03/01/20		1,524,744
	1,225,000	Tobacco Settlement Financing Corp. Asset Backed Revenue Bonds, 5.63%, 06/01/15(b)		1,312,539
	2,530,000	Virginia College Building Authority Educational Facilities 21st Century College & Equipment Programs Refunding Revenue Bonds, Series C (State Appropriation), 4.00%, 02/01/15		2,625,710
	2,000,000	Virginia College Building Authority Public Higher Education Refunding Revenue Bonds, Series B (State Appropriation), 5.00%, 09/01/21		2,352,940
	5,130,000	Virginia College Building Authority Public Higher Education Refunding Revenue Bonds, Series B (State Appropriation), 5.00%, 09/01/22		5,929,664
	1,000,000	Virginia Commonwealth Transportation Board Route 28 Project Refunding Revenue Bonds, 3.00%, 04/01/14		1,004,650
	5,000,000	Virginia Commonwealth Transportation Board Transit Improvements Revenue Bonds, 5.00%, 03/15/23		5,785,200
	2,465,000	Virginia Public Building Authority Revenue Bonds, Series A, 5.00%, 08/01/21		2,933,523

Principal Amount			Value
Virginia (continued)
$	1,245,000	Virginia Public Building Authority Revenue Bonds, Series B, 5.00%, 08/01/14	$	1,274,556
	1,250,000	Virginia Public Building Authority Revenue Bonds, Series B (State Appropriation), 5.00%, 08/01/21		1,445,425
	1,335,000	Virginia Public School Authority School Improvements Revenue Bonds, Series B, (State Aid Intercept Program), 3.00%, 08/01/14		1,353,650
				31,663,354
Washington — 1.9%
	100,000	CDP-King County III Lease King Street Center Project Refunding Revenue Bonds, (NATL-RE), 5.00%, 06/01/17		111,541
	2,525,000	Clark County School District No 117 Camas Refunding GO, (School Board GTY), 5.00%, 12/01/17		2,909,987
	800,000	Island County School District No 201 Oak Harbor School Improvements GO, (School Board GTY), 5.00%, 12/01/16		890,712
	680,000	King County Public Transportation Sales Tax Refunding GO, 4.00%, 12/01/18		766,557
	320,000	King County School District No. 401 Highline Refunding GO, (School Board GTY), 5.00%, 12/01/20		371,551
	1,500,000	King County School District No. 414 Lake Washington GO, (School Board GTY), 5.00%, 12/01/20		1,709,550
	1,315,000	Spokane County School District No 363 West Valley Refunding GO, (School Board GTY), 5.00%, 12/01/18		1,523,651
	2,000,000	State of Washington Department of Ecology Refunding COP, Series B, (AMBAC), 5.00%, 04/01/16		2,188,620
	800,000	State of Washington Motor Vehicle Fuel Tax GO, Series E, 5.00%, 02/01/23		932,680

Principal Amount			Value
Washington (continued)
$	605,000	State of Washington Refunding GO, Series R-2006A (AMBAC), 5.00%, 07/01/15(b)	$	645,208
	745,000	State of Washington Refunding GO, Series R-2006A (AMBAC), 5.00%, 07/01/17		796,696
	4,000,000	State of Washington Refunding GO, Series R-2012C, 5.00%, 07/01/23		4,687,600
	3,250,000	State of Washington Senior 520 Corridor Program Highway Improvements Revenue Bonds, 5.00%, 09/01/19		3,823,528
	2,005,000	University of Washington Refunding Revenue Bonds, 5.00%, 12/01/15		2,176,889
				23,534,770
West Virginia — 0.1%
	125,000	West Virginia University Revenue Bonds, Series A, (NATL-RE), 5.50%, 04/01/17		142,679
	800,000	West Virginia University Revenue Bonds, Series B, 5.00%, 10/01/14		825,200
				967,879
Wisconsin — 1.3%
	100,000	Fond Du Lac Refunding GO, (NATL-RE, FGIC), 4.75%, 03/01/15		100,331
	4,245,000	Green Bay Area Public School District Refunding GO, 2.00%, 04/01/14		4,257,905
	10,000,000	State of Wisconsin Refunding GO, Series 1, 5.00%, 05/01/16		11,024,200
	500,000	State of Wisconsin Sewer Improvements Revenue Bonds, Series 1, 5.00%, 06/01/14		507,839
	1,000,000	State of Wisconsin Sewer Improvements Revenue Bonds, Series 2, 5.00%, 06/01/14		1,015,680
				16,905,955
Total Municipal Bonds (Cost $1,152,659,759)				1,173,734,037

Shares			Value
INVESTMENT COMPANY — 6.8%
	85,426,100	SEI Daily Income Trust Government II Fund, Class A, 0.01%(e)	$	85,426,100
Total Investment Company (Cost $85,426,100)				85,426,100
TOTAL INVESTMENTS — 100.2% (Cost $1,238,085,859)(a)				1,259,160,137
LIABILITIES IN EXCESS OF OTHER ASSETS — (0.2)%				(2,539,963	)
NET ASSETS — 100.0%			$	1,256,620,174

(a)	Cost for federal income tax purposes is $1,238,164,743 and net unrealized appreciation of investments is as follows:

Unrealized appreciation	$	26,479,370
Unrealized depreciation		(5,483,976	)
Net unrealized appreciation	$	20,995,394


(b)	These securities are pre-refunded; the date shown represents the pre-refunded date. Bonds which are pre-refunded are collateralized by U.S. Government securities which are held in escrow and are used to pay principal and interest on the municipal issue and to retire the bonds in full at the earliest refunding date.
(c)	Variable rate security. Rate shown is the rate as of January 31, 2014.
(d)	The security is subject to remarketing prior to its stated maturity, and is subject to mandatory redemption at the stated maturity date.
(e)	Rate shown represents current yield at January 31, 2014.

AGM — Assured Guaranty Municipal Corp.
AMBAC — Insured by AMBAC Indemnity Corp.
COP — Certificates of Participation
FGIC — Insured by Financial Guaranty Insurance Corp.
GO — General Obligations
GTY — Guaranty
NATL-RE — Insured by National Public Finance Guarantee Corp.
OID — Original Issue Discount
PSF-GTD — Permanent School Fund Guarantee
Q–SBLF — Qualified-School Bond Loan Fund
XLCA — XL Capital Insurance

Portfolio diversification by State (Unaudited)

State	Percentage of Net Assets
Alabama		0.6	%
Arizona		1.0	%
California		2.3	%
Colorado		0.7	%
Connecticut		1.4	%
District Of Columbia		0.6	%
Florida		2.5	%
Georgia		4.2	%
Hawaii		0.8	%
Idaho		0.1	%
Illinois		1.5	%
Indiana		2.4	%
Iowa		0.2	%
Kansas		0.2	%
Kentucky		0.7	%
Louisiana		0.3	%
Maine.		0.5	%
Maryland		2.1	%
Massachusetts		9.3	%
Michigan		1.7	%
Minnesota		1.7	%
Mississippi		0.2	%
Missouri		1.1	%
Nevada		0.6	%
New Hampshire		0.2	%
New Jersey		4.9	%
New Mexico		0.2	%
New York		28.6	%
North Carolina		1.8	%
Ohio		0.6	%
Oklahoma		0.1	%
Oregon		0.8	%
Pennsylvania.		1.3	%
Puerto Rico		0.0	%
Rhode Island		0.1	%
South Carolina		1.0	%
Tennessee		0.1	%
Texas		11.0	%
Utah		0.2	%
Virginia		2.5	%
Washington		1.9	%
West Virginia		0.1	%
Wisconsin		1.3	%
Other*		6.6	%
		100	%

*	Includes cash and equivalents, investment companies, pending trades and Fund share transactions, interest and dividends receivable, prepaids and accrued expenses payable.

Old Westbury Funds, Inc. (the “Corporation”) was organized as a Maryland corporation on August 26, 1993 and commenced operations on October 22, 1993. The Corporation is an open-end management investment company registered under the Investment Company Act of 1940, as amended (the “1940 Act”). The Corporation’s Articles of Restatement, as amended, permit the Corporation’s Board of Directors (the “Board”) to create an unlimited number of series, each with one or more separate classes of shares. At January 31, 2014, the Corporation consisted of seven separate investment portfolios (each series individually referred to as a “Fund” and collectively as the “Funds”) shown below:

The Corporation has authorized a total of 20 billion shares of common stock (par value $0.001 per share).

Under the Corporation’s organizational documents, its Officers and Directors are indemnified against certain liabilities arising out of the performance of their duties for the Corporation. In addition, in the normal course of business, the Corporation enters into contracts with vendors and others that provide for general indemnifications. The Corporation’s maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Corporation. However, based on experience, the Corporation expects the risk of loss to be remote.

The consolidated financial statements of the Real Return Fund include the financial results of its wholly-owned subsidiary (organized under the laws of the Cayman Islands), OWF Real Return Fund, Ltd. (the “Subsidiary”). All material intercompany accounts and transactions have been eliminated. The Subsidiary commenced operations on November 7, 2008. The Real Return Fund commenced reporting on a consolidated basis as of such commencement date. The Subsidiary is a commodity pool, as defined in the regulations of the Commodity Futures Trade Commission, (the “CFTC”) and is operated by Bessemer Investment Management LLC (“BIM”) (“Adviser”), a commodity pool operator registered with the CFTC effective, January 1, 2013. BIM has claimed an exemption under CFTC Rule 4.7 on behalf of the Subsidiary on January 2, 2013. The Real Return Fund seeks to gain exposure to commodities, commodities-related instruments, derivatives and other investments by directly investing in those instruments or through investments in the Subsidiary. The Subsidiary has the same investment goal as the Real Return Fund. The Subsidiary pursues its investment goal by investing in commodities, commodities-related instruments, derivatives and other investments. The Subsidiary (unlike the Real Return Fund) may invest without limitation in these instruments. However, the Subsidiary is otherwise subject to the same fundamental, non-fundamental and certain other investment restrictions as the Real Return Fund. The portion of the Real Return Fund’s or Subsidiary’s assets exposed to any particular commodity, derivative or other investment will vary based on market conditions, but from time to time some exposure could be substantial. To the extent of the Real Return Fund’s investment through the Subsidiary, it will be subject to the risks associated with the commodities, derivatives and other instruments in which the Subsidiary invests. As of October 31, 2013, the Subsidiary represented 282,069,038, or 33.76% of the Real Return Fund’s net assets.

The following is a summary of the significant accounting policies followed by the Corporation in the preparation of its financial statements. The policies are in conformity with accounting principles generally accepted in the U.S. (“U.S. GAAP”). The

preparation of financial statements in accordance with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of income and expenses for the period. Actual results could differ from those estimates.

The Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) is the exclusive reference of authoritative U.S. GAAP recognized by the FASB to be applied by nongovernmental entities. Rules and interpretive releases of the Securities and Exchange Commission (“SEC”) under authority of federal laws are also sources of authoritative GAAP for SEC registrants such as the Corporation.

A. Valuation of Investments. Readily marketable equity securities listed on an exchange are valued, except as indicated below, at the last sale price reflected at the close of the regular trading session of the exchange on the business day as of which such value is being determined, and securities listed on NASDAQ are valued at the NASDAQ Official Closing Price (“NOCP”) and, if no NOCP is available, then at the last reported sales price. If there has been no sale on such day, the securities are valued at the mean of the closing bid and asked prices on such day. If no bid or asked prices are quoted on such day, then the securities are valued using a broker-dealer quote or an approved pricing service. Equity securities traded on more than one national securities exchange are valued at the last sale price on the business day as of which such value is being determined as reflected on the tape at the close of the exchange representing the principal market for such securities.

Readily marketable equity securities traded in the over-the-counter market, including listed securities whose primary market is believed by BIM, or a sub-adviser, as applicable, to be over-the-counter, are valued at the mean of the latest bid and asked prices using a broker-dealer or an approved pricing service.

Shares of open-end investment companies are valued at the latest net asset value (“NAV”) reported by the investment company. Shares of investment companies that are traded intra-day on an exchange (e.g., exchange traded funds) will be valued at the last sale price as reflected at the close of the regular trading session of such exchange.

U.S. government obligations and other debt instruments having 60 days or less remaining until maturity are valued at amortized cost. Debt instruments having a greater remaining maturity will be valued on the basis of prices obtained from a broker-dealer or an approved pricing service. Sallie Mae bonds will be valued on the basis of counterparty valuation quotations or dealer quotations, subject to review by BIM, or a sub-adviser where appropriate.

Foreign securities generally are valued in their national currency at the latest available quoted sale price as of the close of trading on the foreign exchange or other principal market on which the security is traded. In the absence of current trade activity, the securities will be valued at the mean of the latest bid/ask quotations. As described below, this value is then converted into its U.S. dollar equivalent using the daily rate of exchange at the time of a Fund’s NAV calculation (normally 4:00 pm Eastern Time.

Forward currency contracts are valued at the mean between the bid and the asked prices. Quotations are available for regularly scheduled settlement dates such as on a 1,2,3,4,5,6,9, and 12-month basis. Over-the-counter derivatives, such as swaps and non-exchange traded options and futures are valued on the basis of counterparty valuation quotations or dealer quotations, subject to review by BIM, or a sub-adviser where appropriate. An approved pricing service may also be used to price these instruments. Exchange-traded swaps, options and futures contracts and options thereon are valued at their last sale or settlement price as of the close of such exchanges or, if no sales are reported, at the mean between the last reported bid and asked prices. Repurchase agreements are valued at original cost. Contracts for long puts and calls are valued at the bid price and short puts and calls will be valued at the offering price of a broker-dealer or an exchange. Generally, options, rights/ warrants and other “when-issued” securities follow the same pricing methods as equity securities.

Securities and assets for which market quotations are not readily available are valued under the general supervision and responsibility of the Board and pursuant to policies and procedures established by the Board, which are designed to reflect, in good faith, the fair value of such investments or other assets. A market quotation is considered not readily available if, among other circumstances, the most recent reported price is deemed unreliable. For example, securities that may be subject to fair valuation include, but are not limited to: (1) securities in which trading has been halted pending further news; (2) illiquid securities in which there is no trading market and no broker coverage; (3) stale priced securities; (4) securities that may have defaulted or de-listed from an exchange and are no longer trading; (5) any other security for which the Funds’ Pricing Committee, with input from the Adviser or sub-advisers, as applicable, believes that the last trading price does not represent a reliable current price; or (6) other assets, including real assets and derivatives for which readily available market quotations are not generally available. In addition, a Fund may fair value securities that trade on a foreign exchange because a significant

event has occurred after the foreign exchange closes but before the time as of which a Fund’s share price is calculated. Foreign exchanges typically close before the time as of which Fund share prices are calculated, and may be closed altogether on some days a Fund is open. Such significant events affecting a foreign security may include, but are not limited to: (1) those relating to a single issuer; (2) governmental actions that affect securities in one sector or country; (3) natural disasters or armed conflicts affecting a country or region; or (4) significant market fluctuations. There is no single standard for determining the fair value of a security or asset, but, rather, several factors are considered including an evaluation of the forces that influence the market in which the security or asset is purchased or sold, in determining whether a market price is readily available and, if not, the security’s or asset’s fair value.

In light of the judgment involved in fair value decisions, there can be no assurances that a fair value assigned to a particular security reflects a price for which a security has traded or will trade. Accordingly, when a Fund uses fair value to price securities, it may value those securities higher or lower than another fund that uses market quotations to price the same securities.

Real assets (i.e., assets not constituting securities or securities whose value is determined by underlying real assets), including collectibles such as coins, for which there is no readily available market quotation are valued on the basis of appraised value as determined by an independent appraiser selected by BIM. Appraisals are obtained on an ongoing, periodic basis in order to assure current valuations; appraisals generally are obtained not less frequently than quarterly and appraised values may be updated between appraisals on the basis of reported industry benchmarks.

In the event of a change in the S&P 500 Index that is greater than predetermined levels approved by the Board, the Funds will utilize an approved pricing service that has been designated to determine fair value to price securities traded on any overseas exchange. Pricing Service Vendors base their valuations on a number of factors, including, but not limited to, actual transaction data, benchmark yields, market bids, market offers, quotations from dealers, credit risk spreads, interest rate spreads, proprietary pricing models, cash flows, prepayment information, default rates, delinquency and loss assumptions, collateral characteristics, credit enhancements, specific deal information and other relationships observed in markets of comparable securities.

In addition, foreign securities held by a Fund may trade on weekends or other days when the Fund does not calculate NAV. As a result, the market value of these investments may change on days when shares of the Fund cannot be bought or sold. Such fair valuations are categorized as Level 2 in the fair value hierarchy. Foreign securities that are valued based on market quotations are categorized as Level 1 in the fair value hierarchy. The Large Cap Strategies Fund, Small & Mid Cap Fund and the Strategic Opportunities Fund utilized a systematic fair valuation model provided by an independent third-party vendor to fair value certain securities 3 days during the period ended January 31, 2014. As a result on days when the index change exceeds predetermined levels, certain securities held by the Funds were transferred from Level 1 into Level 2. On any subsequent day when such index level is not exceeded, certain securities held by the Funds were transferred from Level 2 back into Level 1. As of January 31, 2014, foreign securities were not fair valued as the change in the S&P 500 Index did not exceed the Funds’ predetermined level. There were no other transfers between Level 1 and Level 2 during the period ended January 31, 2014.

The fair value of investments is determined in accordance with the valuation policies and procedures approved by the Board. The Funds’ Pricing Committee established by the Board (the “Pricing Committee”) reviews pricing methodologies on at least a quarterly basis. The Pricing Committee is responsible for (i) establishing valuation processes and (ii) determining the fair value of the Funds’ holdings for which price quotations are not readily available, unreliable or for which an approved valuation method is inappropriate. These investments are either categorized as Level 2 or 3 depending on the observability of the inputs used. The Pricing Committee may consider one or more factors in determining an investment’s fair value. The factors to be taken into account, to the extent relevant, typically include, but are not limited to: fundamental analytical data relating to the investment, the nature and duration of any restrictions on disposition of the investments, an evaluation of the forces that influence the market in which the investments are purchased or sold, the type of investment, financial statements and company filings, lack of marketability, the cost at date of purchase, good faith recommendation of BIM or a sub-adviser, as applicable, and any other relevant matters. When the fair valuation of investments use significant unobservable inputs, such investments will be categorized as Level 3 in the fair value hierarchy.

The significant unobservable inputs used in fair value measurement of the Funds’ Level 3 investments may include, where applicable: (i) an estimation of a normalized earnings level or projected cash flows for the company; (ii) the discounts applied to the last available price of the investment or a selection of comparable investments due to the lack of marketability of the investment; (iii) values or bid offers by dealers or other third parties and (iv) the value associated with the latest round of financing. Significant changes in any of those inputs in isolation may result in a significantly lower or higher fair value measurement. Generally, a change in the assumptions used for the normalized earnings level will be accompanied by a directionally similar change in the discounts applied to the list of comparable investments.

The Funds’ Pricing Committee employs various methods for calibrating the valuation approach related to investments categorized within Level 3 in the fair value hierarchy. These methods may include regular due diligence of the Funds’ pricing vendors including back testing of trigger related fair value prices, a regular review of key inputs and assumptions, reviews of missing and stale prices and price variance analysis, including investigation of unusual or unexpected pricing changes and reviews of any market related activities. Additionally, the pricing of all fair value holdings is subsequently reviewed and approved by the Funds’ Board.

B. Payment-In-Kind Securities. The Funds may invest in payment-in-kind securities (“PIKs”). PIKs give the issuer the option at each interest payment date of making interest payments in either cash or additional debt securities. Those additional debt securities usually have the same terms, including maturity dates and interest rates, and associated risks as the original bonds. The daily market quotations of the original bonds may include the accrued interest (referred to as a dirty price) and require a pro-rata adjustment from the unrealized appreciation or depreciation on investments to interest receivable on the Statement of Assets and Liabilities.

C. Foreign Currency Transactions. The books and records of the Funds are maintained in U.S. dollars. Investments and other assets and liabilities of the Funds denominated in a foreign currency, if any, are translated into U.S. dollars at current exchange rates as of the date of the Statements of Assets and Liabilities. Purchases and sales of securities, income receipts and expense payments are translated into U.S. dollars at the exchange rate on the dates of the transactions.

The Funds do not isolate the portion of operations resulting from changes in foreign exchange rates on investments from fluctuations arising from changes in market prices of securities held. Such fluctuations are included with the net realized and unrealized gain/(loss) on investments, securities sold short, futures contracts, swap agreements, written options and foreign currency transactions in the Statements of Operations.

Foreign security and currency transactions may involve certain risks not typically associated with those of U.S. companies, including the level of governmental supervision and regulation of foreign securities markets and the possibility of political and economic instability.

D. Securities Sold Short. The Funds may sell securities short. A short sale is a transaction in which a Fund sells securities it does not own, but has borrowed, in anticipation of a decline in the market price of the securities. A Fund is obligated to replace the borrowed securities at their market price at the time of settlement. A Fund’s obligation to replace the securities borrowed in connection with a short sale will be fully secured by collateral deposited with the broker. Short sales by a Fund involve certain risks and special considerations.

The Funds may not always be able to close out a short position on favorable terms. Short sales involve the risk that a Fund will incur a loss by subsequently buying a security at a higher price than the price at which it sold the security short. The amount of such loss is theoretically unlimited (since it is limited only by the increase in value of the security sold short by a Fund). In contrast, the risk of loss from a long position is limited to a Fund’s investment in the long position, since its value cannot fall below zero. Short selling is a form of leverage which may lead to higher volatility of a Fund’s NAV or greater losses for a Fund. To mitigate leverage risk, a Fund will always hold liquid assets (including its long positions) at least equal to its short position exposure, marked-to-market daily.

E. Collectibles. The Real Return Fund may invest in collectibles, which are rare objects collected by investors. They can include stamps, coins, books, oriental rugs, antiques, sports and other memorabilia, photographs, art and wine. Collectibles are generally expected to rise in value during inflationary periods when investors are trying to move to assets viewed as an inflation hedge. Generally, collectibles can be expected to drop in value during periods of low inflation. Collectible trading for profit is subject to certain risks and other considerations, including that collectibles: (i) have limited buying and selling markets; (ii) are often bought and sold at auction and subject to buyer and/or seller premiums; (iii) experience periods of high and low demand; (iv) must be insured, physically held and properly maintained; (v) may need to have their authenticity and provenance verified from time to time; and (vi) may not have representative market valuations available. The Real Return Fund does not currently intend to invest more than 5% of its total assets in collectibles. As of January 31, 2014, the Real Return Fund held $31,788,245, or 3.81% of net assets, in collectibles.

F. Commodities. The Real Return Fund and its Subsidiary may invest in commodities. In order to gain exposure to the commodities markets, the Real Return Fund, through its Subsidiary, may invest directly in physical commodities in addition to indirect investments in commodities-linked or related instruments. Commodities are assets that have tangible properties, such as oil, agriculture products and precious metals. The value of commodities may be affected by, among other things, changes in overall market movements, commodity index volatility, changes in interest rates, or factors affecting a particular industry or

commodity, such as drought, floods, weather, livestock disease, embargos, tariffs and international economic, political and regulatory developments. These factors may have a larger impact on commodity prices and commodity-linked instruments than on traditional securities. Certain commodities are also subject to limited pricing flexibility because of supply and demand factors. Others are subject to broad price fluctuations as a result of the volatility of the prices for certain raw materials and the instability of supplies of other materials. These additional variables may create additional risks which subject the Fund’s investments to greater volatility than investments in traditional securities.

G. Inflation-Protected Securities. The Funds may invest in inflation-protected securities, which unlike traditional debt securities that make fixed or variable principal and interest payments, are structured to provide protection against the negative effects of inflation. The value of the debt securities’ principal is adjusted to track changes in an official inflation measure. For example, the U.S. Treasury currently uses the Consumer Price Index for Urban Consumers as a measure of inflation for Treasury Inflation-Protected Securities (“TIPS”). Other inflation-protected securities may not carry a similar guarantee by their issuer. A Fund may buy TIPS that are designed to provide an investment vehicle that is not vulnerable to inflation. The interest rate paid by TIPS is fixed. The principal value rises or falls semi-annually based on the changes in the published Consumer Price Index. If inflation occurs, the principal and interest payments on TIPS are adjusted to protect investors from inflationary loss. If deflation occurs, the principal and interest payments will be adjusted downward, although the principal will not fall below its face amount at maturity.

H. When-Issued and Delayed Delivery Securities. The Funds may purchase or sell securities that they are entitled to receive on a when-issued basis. The Funds may also purchase or sell securities on a delayed delivery basis. When-issued and delayed delivery securities involve risk that the security a Fund buys will lose value prior to its delivery. There is also a risk that the security will not be issued or that the other party to the transaction will not meet its obligation. If this occurs, a Fund loses both the investment opportunity for the assets it set aside to pay for the security and any gain in the security’s price.

I. Loan Participations and Assignments. The Strategic Opportunities Fund, Real Return Fund and Fixed Income Fund may invest in fixed or floating rate loans to U.S. companies, foreign entities, and U.S. subsidiaries of foreign entities made by one or more financial institutions. The rate of interest on a fixed-rate loan is generally a set amount. The rate of interest payable on floating rate loans is the sum of a base lending rate plus a specified spread. Base lending rates are generally the London InterBank Offered Rate, the Certificate of Deposit Rate of a designated U.S. bank, the prime rate of a designated U.S. bank, the Federal Funds rate, or another base lending rate used by commercial lenders. The applicable spread may be fixed at time of issuance or may adjust upward or downward to reflect changes in credit quality of the borrower. A Fund may invest in loans that are investment grade, below investment grade (“junk”), or not rated by any nationally recognized statistical ratings organization. Loans that are rated lower than investment grade typically entail default and other risks greater than those associated with higher-rated loans. Generally, the lower the rating category, the riskier the investment. Typically, a Fund’s investments in loans are expected to take the form of loan participations and assignments of portions of loans from third parties.

Currently, the Strategic Opportunities Fund intends to invest in loans that are below investment grade and, to a lesser extent, unrated loans. The Strategic Opportunities Fund’s investments in loans are expected in most instances to be in the form of assignments. Generally, when a Fund purchases an assignment of a loan from a lender, it will step into the position of the lender and acquire direct rights against the borrower on the loan. Because assignments are arranged through private negotiations between potential assignees and potential assignors, however, the rights and obligations acquired by a Fund as the purchaser of an assignment may differ from, and be more limited than, those held by the assigning lender. The assignability of certain obligations may be restricted by the governing documentation as to the nature of the assignee such that the only way in which a Fund may acquire an interest in a loan is by purchasing a participation of interest and not an assignment. A Fund may have difficulty disposing of assignments and participation interests given these limitations and other factors.

J. Credit Enhancements. Certain obligations held by the Funds have credit enhancement or liquidity features that may, under certain circumstances, provide for repayment of principal and interest on the obligation upon demand date, interest rate reset date or final maturity. These enhancements may include: letters of credit; liquidity guarantees; and third party insurance (i.e., AMBAC and FGIC). The value of the obligations may be affected by changes in credit worthiness of the entities that provide any supporting letters of credit or other credit enhancements. The value of the obligations also will be affected by the exhaustion, termination or expiration of any credit enhancement.

K. Restricted and Illiquid Securities. The Funds may purchase securities which are subject to legal or contractual delays, restrictions, and costs on resale. Because of time limitations, the Funds might not be able to dispose of these securities at reasonable prices or at times advantageous to the Funds. Each Fund intends to limit the purchase of securities which have not

been determined by BIM to be liquid, together with other securities considered to be illiquid, including repurchase agreements providing for settlement in more than seven days after notice, to not more than 15% of its net assets.

In the normal course of business, the Funds invest in securities and enter into transactions where risks exist due to fluctuations in the market (market risk) or failure of the issuer of a security to meet all its obligations (credit risk). The value of securities held by the Funds may decline in response to certain events, including those directly involving the issuers whose securities are owned by the Funds; conditions affecting the general economy; overall market changes; local, regional or global political, social or economic instability; and currency and interest rate and price fluctuations. Similar to credit risk, the Funds may be exposed to counterparty risk, or the risk that an entity with which the Funds have unsettled or open transactions may default. Financial assets, which potentially expose the Funds to credit and counterparty risks, consist principally of investments and cash due from counterparties. The extent of the Funds’ exposure to credit and counterparty risks with respect to these financial assets is generally represented by their value recorded in the Funds’ Statements of Assets and Liabilities.

The inputs and valuation techniques used to measure fair value of the Funds’ investments are summarized into three levels as described in the hierarchy below:

• Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit ratings, etc.).

• Level 3 - significant unobservable inputs (including the Funds’ own assumptions in determining the fair value of investments).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The summary of inputs used to value the Funds’ investments as of January 31, 2014 is as follows:

* Other financial instruments are exchange traded options and futures (Level 1), over-the-counter options (Level 2), forwards (Level 2) and swaps (Level 2). Futures, forwards and swaps are valued at the unrealized appreciation/(depreciation) on the instrument and options are shown at market value.

The Funds’ policy is to recognize transfers in and transfers out as of the beginning of the period of the event.

In December 2011, FASB issued Accounting Standards Update No. 2011-11 “Disclosures about Offsetting Assets and Liabilities” (“ASU 2011-11”). These disclosure requirements are intended to help investors and other financial statement users to better assess the effect or potential effect of offsetting arrangements on a company’s financial position. They also improve transparency in the reporting of how companies mitigate credit risk, including disclosure of related collateral pledged or received. In addition, ASU 2011-11 facilitates comparison between those entities that prepare their financial statements on the basis of US GAAP and those entities that prepare their financial statements on the basis of International Financial Reporting Standards (“IFRS”). ASU 2011-11 requires entities to: disclose both gross and net information about both instruments and transactions eligible for offset in the financial statements; and disclose instruments and transactions subject to an agreement similar to a master netting agreement. In January 2013, the FASB issued Accounting Standards Update No. 2013-1 (“ASU 2013-1”) that clarifies which investments and transactions are subject to the offsetting disclosure requirements. The scope of the disclosure requirements for offsetting will be limited to derivative instruments, repurchase agreements and reverse repurchase agreements, and securities borrowing and securities lending transactions. ASU 2011-11 and ASU 2013-1 are effective for fiscal years beginning on or after January 1, 2013, and interim periods within those annual periods. At this time, management is evaluating the implications of ASU 2011-11 and its impact on the Funds’ financial statement disclosures.

In June 2013, FASB issued Accounting Standards update No. 2013-8 “Investment Companies: Amendments to the scope measurement, and disclosure requirements” that creates a two-tiered approach to assess whether an entity is an investment company. The guidance will also require an investment company to measure noncontrolling ownership interest in other investment companies at fair value and will require additional disclosures relating to investment company status, any changes thereto and information about financial support provided or contractually required to be provided to any of the investment company’s investees. The guidance is effective for financial statements with fiscal years beginning on or after December 15, 2013 and interim periods within those fiscal years. Management is evaluating the impact of this guidance on the Funds’ financial statement disclosures.

The Funds engage in various portfolio investment strategies utilizing derivatives both to increase the return of the Funds and/or to economically hedge, or protect, their exposure to, for example, interest rate movements, movements in the securities or commodities markets and currency value fluctuations. Derivatives are subject to a number of risks, including changes in the market price of the underlying securities, credit risk with respect to the counterparty to the derivative instruments and the risk of loss due to changes in interest rates. The use of certain derivatives may also have a leveraging effect, which may increase the Fund’s sensitivity to adverse market movements and may exaggerate a loss. Losses may arise if the value of the contract decreases due to, among other potentially adverse events, an unfavorable change in the price of the underlying security or commodity or if the counterparty does not perform under the contract. The use of derivatives can lead to losses because of relatively small adverse movements in the price or value of the underlying security, asset, index or reference rate, which may be magnified by or potentially unlimited as a result of certain features of the derivatives.

The primary difference in risks associated with over-the-counter contracts and exchange-traded contracts is credit and liquidity risks. Over-the-counter contracts, as bilateral arrangements, contain credit risk from various counterparties for any unrealized gains for the duration of the contract. The credit risk related to exchange-traded contracts is minimal because the exchanges ensure that their contracts are always honored. The Funds may mitigate counterparty risk on derivatives through master netting agreements included within an International Swaps and Derivatives Association, Inc. (“ISDA”) Master Agreement between a Fund and each of its counterparties. The ISDA Master Agreement allows each Fund to offset with its counterparty certain derivative financial instruments’ payables and/or receivables with collateral held with each counterparty. The amount of collateral moved to/from applicable counterparties is based upon minimum transfer amounts of up to $1,000,000. To the extent amounts due to the Funds from their counterparties are not fully collateralized contractually or otherwise, the Funds bear the risk of loss from counterparty non-performance.

The Funds’ maximum risk of loss from counterparty credit risk on over-the-counter derivatives is generally the aggregate net unrealized gain in excess of any collateral pledged by the counterparty to the Funds. For over-the-counter purchased options, the Funds bear the risk of loss in the amount of the premiums paid and positive change in market value of the options should the counterparty not perform under the contracts. Written options by the Funds do not give rise to counterparty credit risk, as written options obligate the Funds to perform and not the counterparty. Certain ISDA Master Agreements allow counterparties to over-the-counter derivatives to terminate or require full collateralization of derivative contracts prior to maturity in the event a Fund’s net assets decline by a stated percentage or a Fund fails to meet the terms of its ISDA Master Agreements, which would cause the Funds to post additional collateral or accelerate payment of any net liability owed to the counterparty. As of January 31, 2014, all derivatives in a net liability position are fully collateralized.

The Funds are subject to, among other risks, interest rate risk, equity price risk, commodity risk and foreign currency exchange risk in the normal course of pursuing their investment objectives by investing in various derivative financial instruments, as described below.

For open derivative instruments, please see the respective Fund’s Portfolio of Investments or details below:

A. Futures Contracts. The Funds purchased or sold futures contracts and options on futures contracts to gain exposure to, or hedge against, changes in the value of equity securities (equity risk), interest rates (interest rate risk) or commodity risk.

Futures contracts are agreements pursuant to which two parties agree to take or make delivery of an amount of cash equal to the difference between the value of the contract at the close of the last trading day and the price at which the contract was originally written. Upon entering into a futures contract, the Funds are required to pledge to the broker an amount of cash, U.S. government securities, or other assets, equal to a certain percentage of the contract amount. This is known as the initial margin deposit. Subsequent payments, known as variation margin, are made or received by the Funds each day, depending on the daily fluctuations in fair value of the underlying instrument. The Funds recognize an unrealized gain or loss equal to the variation margin. These futures contracts permit the Funds to meet their objectives at a lower cost than investing directly in the underlying instruments or commodities, while permitting the equivalent of an investment in a portfolio of the underlying instruments or commodities. A potential risk to the Funds is that the change in value of the underlying securities or commodities may not correlate to the change in value of the contracts. Listed futures contracts involve minimal counterparty risk since futures contracts are guaranteed against default by the exchange on which they trade.

B. Forward Foreign Currency Exchange Contracts. The Funds (except Municipal Bond Fund) can enter into forward foreign currency contracts (“Forward”) to hedge their exposure to changes in foreign currency exchange rates on foreign portfolio holdings (foreign currency exchange risk). In addition, certain Funds may use a Forward to provide exposure to the foreign currency market. A Forward is an agreement between two parties to purchase or sell a foreign currency at a future date at a negotiated forward rate. A Forward is marked-to-market daily and the change in market value is recorded by the Funds as unrealized appreciation or depreciation until the contract settlement date. The market value of the Forward is determined using the forward rate for the remainder of the outstanding period of the contract, through the delivery date. When a Forward is

closed or settled, the Funds record a realized gain or loss equal to the fluctuation in rates during the period a Forward was open. Risks may arise upon entering into these contracts from, for example, the potential inability of the counterparties to meet the terms of their contracts, or if the foreign currency rates change unfavorably.

In the event of default by the counterparty to the transaction, the Funds’ maximum amount of loss, as either the buyer or seller, is the unrealized gain of the contract.

The Funds may be required to pledge to the broker an amount of cash, U.S. government securities or other assets, equal to a certain percentage of the contract amount.

As of January 31, 2014, the Large Cap Strategies Fund had the following open Forwards:

As of January 31, 2014, the Small & Mid Cap Fund had the following open Forwards:

As of January 31, 2014, the Strategic Opportunities Fund had the following open Forwards:

C. Swap Agreements. The Funds entered into swap agreements, which are agreements involving two parties to exchange the return generated by a security, currency, commodity, interest rate, index, or other measures for the return generated by another instrument, for example, the agreement to pay interest in exchange for a market-linked return based on a notional amount. The Funds entered into total return, interest rate and other swap agreements. Interest rate swap agreements generally involve the agreement by the Funds to pay a counterparty a fixed or floating rate on a fixed notional amount and to receive a fixed or floating rate on a fixed notional amount, but may also involve the agreement to pay or receive payments derived from changes in interest rates. Periodic payments are generally made during the life of the swap agreement according to the terms and conditions of the agreement and at termination or maturity. Total return swap agreements involve the commitments to pay or receive an amount generally determined by reference to a security, index or other measure in exchange for a specific market linked return, based on notional amounts. To the extent that the total return of the security, index or other measure underlying the transaction exceeds or falls short of the offsetting interest rate-based obligation, the Funds receive or make a payment to the counterparty. Payments received or made by a Fund at the expiration or other termination of the swap agreements are recorded in the Statements of Operations as realized gains or losses, respectively. Swap agreements are marked-to-market daily based on dealer-supplied valuations, and changes in value, including the periodic amounts of interest to be paid or received on swaps, are recorded as unrealized appreciation/(depreciation). Risks may exceed amounts recognized on the Statements of Assets and Liabilities. These risks include changes in the returns of the underlying instruments, failure of the counterparties to perform under the contracts’ terms and the possible lack of liquidity with respect to the swap agreements. Details of swap agreements open at period end are included in the Portfolios of Investments under the caption “Swap Agreements”.

D. Options. The Funds purchased and wrote (sold) put and call options on equity securities and stock index futures in order to gain exposure to or to protect against changes in the market.

Options on swaps (swaptions) are similar to options on securities except that instead of selling or purchasing the right to buy or sell a security, the writer or purchaser of the swaption is granting or buying the right to enter into a previously agreed upon swap agreement at any time before the expiration of the option.

A call option gives the purchaser of the option the right (but not the obligation) to buy, and obligates the seller to sell (when the option is exercised), the underlying instrument at the exercise price at any time or at a specified time during the option period. A put option gives the holder the right to sell and obligates the writer to buy the underlying instrument at the exercise price at any time or at a specified time during the option period. When a Fund purchases (writes) an option, an amount equal to the premium paid (received) by a Fund is reflected as an asset (liability). The amount of the asset (liability) is subsequently marked-to-market to reflect the current market value of the option purchased (written). When an instrument is purchased or sold through an exercise of an option, the related premium paid (or received) is added to (or deducted from) the basis of the instrument acquired or deducted from (or added to) the proceeds of the instrument sold. When an option expires (or a Fund enters into a closing transaction), a Fund realizes a gain or loss on the option to the extent of the premiums received or paid (or gain or loss to the extent the cost of the closing transaction exceeds the premium received or paid). When a Fund writes a call option, such option is “covered,” meaning that a Fund holds the underlying instrument subject to being called by the option counterparty, or cash in an amount sufficient to cover the obligation. When a Fund writes a put option, such option is covered by cash in an amount sufficient to cover the obligation.

In purchasing and writing options, a Fund bears certain risks, including the market risk of an unfavorable change in the price of the underlying instrument or the risk that a Fund may not be able to enter into a closing transaction due to an illiquid market. Exercise of a written option could result in a Fund purchasing or selling a security at a price different from the current market value.

A Fund may execute transactions in both listed and over-the-counter options. Listed options involve minimal counterparty risk since listed options are guaranteed against default by the exchange on which they trade. Transactions in certain over-the-counter options may expose a Fund to the risk of default by the counterparty to the transaction. In the event of default by the counterparty to the over-the-counter option transaction, a Fund’s maximum amount of loss is the premium paid and unrealized gain (as purchaser) or the unrealized gain of the contract less the premium received (as writer).

A summary of the Strategic Opportunities Fund written option transactions for the period is as follows:

A summary of the Real Return Fund written option transactions for the period is as follows:

The Strategic Opportunities Fund invests in structured options to increase or decrease its exposure to an underlying index or group of securities (equity risk). These structured options may consist of single or multiple OTC options which are priced as a single security. Structured options may only be exercised at the expiration date, but may be transferred/sold prior to the expiration date. The value of a structured option may either increase or decrease with the underlying index or group of securities, depending on the combination of options used. Structured options are issued in units whereby each unit represents a structure based on a specific index with an initial reference strike price. Generally, the basis of the contracts is the premium received or paid which is recorded as an asset on the Statement of Assets and Liabilities. The amount of the asset is subsequently market-to-market to reflect the current market value of the structured option When a structured option is transferred/ sold or exercised, the Fund will record a realized gain or loss equal to the difference between the proceeds from (or cost of) the closing transaction and the Fund’s basis in the contract, if any. One type of structure involves the combination of selling a put while buying a call on a specific index. This option would rise in value as the underlying index increases and fall in value as the underlying index decreases. Alternatively, another structure involves the sale of a call and the purchase of a put. This option structure would rise in value as the underlying index decreases and fall in value as the underlying index increases. Upon the exercise of the structured option, the Fund will receive a payment from, or be required to remit a payment to the counterparty, depending on the value of the underlying index at exercise.

At October 31, 2013, the following Funds had capital loss carryforwards for federal income tax purposes, which will expire on the following date:

*As of October 31, 2013, the Real Return Fund had a short-term and long-term capital loss carryforward of $61,837,171 and $104,391,549, respectively, available to offset future realized capital gains in accordance with the Regulated Investment Company Modernization Act of 2010. These capital loss carryforwards are not subject to expiration and must first be utilized to offset future realized gains of the same character and must be utilized prior to the utilization of the loss carryforwards subject to expiration that are described above.

The capital loss carryforward will reduce the applicable Fund’s taxable income arising from future net realized gains on investments, if any, to the extent permitted by the Code, and thus will reduce the amount of the distributions to shareholders which would otherwise be necessary to relieve the Funds of any liability for federal tax.

Under current tax law, ordinary losses incurred after December 31 of a Fund’s fiscal year may be deferred and treated as occurring on the first business day of the following fiscal year for tax purposes. The Real Return Fund deferred qualified late-year ordinary losses of $2,052,668 which will be treated as arising on the first business day of the fiscal year ending October 31, 2014.

Strategic Opportunities Fund may invest in floating rate loan interests. In connection with these investments, Strategic Opportunities Fund may also enter into bridge loan commitments (“commitments”). Bridge loan commitments may obligate Strategic

Opportunities Fund to furnish temporary financing to a borrower until permanent financing can be arranged. As of January 31, 2014, Strategic Opportunities Fund had outstanding bridge loan commitments of $1,500,000. In connection with these commitments, Strategic Opportunities Fund earns a commitment fee, typically set as a percentage of the commitment amount. Such fee income, which is included in interest income in the Statements of Operations, is recognized ratably over the commitment period.

Certifications pursuant to Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)) are attached hereto.

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

Old Westbury Funds, Inc.
Large Cap Core Fund
Portfolio of Investments	*January 31, 2014*
	*(Unaudited)*

Old Westbury Funds, Inc.
Large Cap Core Fund
Portfolio of Investments - (Continued)	*January 31, 2014*
	*(Unaudited)*

Shares			Value
INVESTMENT COMPANY — 3.2%
	27,284,500	SEI Daily Income Trust Government II Fund, Class A, 0.01%(c)	$	27,284,500
Total Investment Company (Cost $27,284,500)				27,284,500
TOTAL INVESTMENTS — 100.1% (Cost $775,674,322)(a)				846,510,490

LIABILITIES IN EXCESS OF OTHER ASSETS — (0.1)%				(426,114	)
NET ASSETS — 100.0%			$	846,084,376

Old Westbury Funds, Inc.
Large Cap Strategies Fund
Portfolio of Investments	*January 31, 2014*
	*(Unaudited)*

Old Westbury Funds, Inc.
Large Cap Strategies Fund
Portfolio of Investments - (Continued)	*January 31, 2014*
	*(Unaudited)*

Old Westbury Funds, Inc.
Small & Mid Cap Fund
Portfolio of Investments	*January 31, 2014*
	*(Unaudited)*

Old Westbury Funds, Inc.
Small & Mid Cap Fund
Portfolio of Investments - (Continued)	*January 31, 2014*
	*(Unaudited)*

Old Westbury Funds, Inc.
Strategic Opportunities Fund
Portfolio of Investments	January 31, 2014 (Unaudited)

Old Westbury Funds, Inc.
Real Return Fund
Consolidated Portfolio of Investments	*January 31, 2014* *(Unaudited)*

Old Westbury Funds, Inc.
Fixed Income Fund
Portfolio of Investments	*January 31, 2014* *(Unaudited)*

Old Westbury Funds, Inc.
Fixed Income Fund
Portfolio of Investments - (Continued)	January 31, 2014 (Unaudited)

Old Westbury Funds, Inc.
Municipal Bond Fund
Portfolio of Investments	January 31, 2014 (Unaudited)

Old Westbury Funds, Inc.
Notes To Schedules of Portfolio Investments
	*January 31, 2014 (Unaudited)*

Fund Name		Investment Objective
Old Westbury Large Cap Core Fund (“Large Cap Core Fund”)		Long-term capital appreciation.
Old Westbury Large Cap Strategies Fund (“Large Cap Strategies Fund”)		Long-term capital appreciation.
Old Westbury Small & Mid Cap Fund (formerly known as the Old Westbury Global Small & Mid Cap Fund) (“Small & Mid Cap Fund”)		Long-term capital appreciation.
Old Westbury Strategic Opportunities Fund (formerly known as the Global Opportunities Fund) (“Strategic Opportunities Fund”)		Long-term capital appreciation.
Old Westbury Real Return Fund (“Real Return Fund”)		Real capital appreciation in inflationary environments.
Old Westbury Fixed Income Fund (“Fixed Income Fund”)		Total return (consisting of current income and capital appreciation).
Old Westbury Municipal Bond Fund (“Municipal Bond Fund”)		Total return (consisting of current income that is exempt from regular federal income tax and capital appreciation).

	Level 1 Quoted Prices			Level 2 Significant Observable Inputs			Level 3 Significant Unobservable Inputs(d)		Total

Investments in Securities
Assets:
Large Cap Core Fund
Equity Securities	$	819,225,990(a	)	$	—		$	—	$819,225,990
Investment Company		27,284,500			—			—	27,284,500
Total	$	846,510,490		$	—		$	—	$846,510,490

Large Cap Strategies Fund
Equity Securities:(b)	$	9,104,877,836(a	)	$	83,590,987(a	)	$	—	$9,188,468,823
Exchange Traded Funds		692,072,250(a	)		—			—	692,072,250
U.S. Government Agencies		—			285,982,430			—	285,982,430
U.S. Government Securities		—			49,999,507			—	49,999,507
Cash Sweep		242,496,000			—			—	242,496,000
Other Financial Instruments - Assets*
Foreign currency exchange contracts		—			406,930			—	406,930
Total	$	10,039,446,086		$	419,979,854		$	—	$10,459,425,940

			Level 2		Level 3
			Significant		Significant
	Level 1		Observable		Unobservable
	Quoted Prices		Inputs		Inputs(d)		Total
Small & Mid Cap Fund
Equity Securities:(b)
Argentina	$	735,379	$	—	$	—	$	735,379
Australia		131,476,781		862,998		36,531		132,376,310
Austria		14,515,362		—		—		14,515,362
Bahamas		97,028		—		—		97,028
Belgium		17,974,081		—		—		17,974,081
Bermuda		45,400,670		—		—		45,400,670
Brazil		50,187,918		7,653		—		50,195,571
Cambodia		236,699		—		—		236,699
Canada		151,804,439		—		—		151,804,439
Cayman Islands		97,448		—		—		97,448
Chile		5,109,630		—		—		5,109,630
China		79,375,433		—		145,094		79,520,527
Columbia		26,814		—		—		26,814
Cyprus		555,301		—		—		555,301
Denmark		42,575,477		—		—		42,575,477
Faeroe Islands		102,229		—		—		102,229
Finland		34,153,336		—		—		34,153,336
France		130,980,023		—		—		130,980,023
Gabon		33,753		—		—		33,753
Georgia		57,010		—		—		57,010
Germany		218,567,041		—		—		218,567,041
Gibraltar		289,192		—		—		289,192
Greece		2,006,981		—		—		2,006,981
Guernsey		5,408,178		—		—		5,408,178
Hong Kong		93,156,567		42,316		1,117,607		94,316,490
Hungary		55,700		—		—		55,700
India		62,830,347		—		5,481		62,835,828
Indonesia		21,617,852		—		15,971		21,633,823
Ireland		138,873,493		776,485		—		139,649,978
Isle of Man		46,299		—		—		46,299
Israel		135,674,355		—		—		135,674,355
Italy		37,212,448		—		22,402		37,234,850
Japan		308,130,728		—		—		308,130,728
Jersey Channel Islands		1,326,394		—		—		1,326,394
Liechtenstein		111,488		—		—		111,488
Luxembourg		19,379,464		—		—		19,379,464
Malaysia		42,182,473		—		—		42,182,473
Malta		441,862		—		—		441,862
Mexico		29,688,394		39,553		5,912		29,733,859
Mongolia		29,699		—		—		29,699
Netherlands		67,713,631		—		—		67,713,631
New Zealand		24,953,485		—		—		24,953,485
Norway		13,826,403		—		—		13,826,403
Peru		4,498,415		—		—		4,498,415
Philippines		13,838,784		—		—		13,838,784
Poland		8,634,192		—		—		8,634,192
Portugal		4,457,846		—		—		4,457,846
Qatar		2,924,255		—		—		2,924,255
Singapore		101,279,464		—		—		101,279,464

(a)	The breakdown of the Fund’s investments into major categories or countries is disclosed in the respective Fund’s Portfolio of Investments and in footnote 6 for derivatives.
(b)	At January 31, 2014, the change in the S&P 500 Index did not exceed the Funds’ predetermined level (see footnote 3.A). Certain investments for the Small & Mid Cap Fund and Strategic Opportunities Fund were transferred into Level 2 in the amount of $19,755,161 and 417,481, respectively, and out of Level 2 in the amount of $71,275 and $0, respectively.
(c)	Represents securities as disclosed in the Bermuda, Hong Kong and the United States sections of the Fund’s Portfolio of Investments.
(d)	The Small & Mid Cap Fund and Strategic Opportunities Fund held certain investments categorized as Level 3 that had a combined fair value as well as a change in NAV less than 1% of NAV for the respective Fund for the period ended January 31, 2014. There were transfers into Level 3 of $119,114 and out of Level 3 in the amount of $1,800,391 for the Small & Mid Cap Fund. In addition, there were no significant purchases and sales during the period. As of January 31 2014, the percentage of NAV was 0.02% and 0.11% for the Small & Mid Cap Fund and Strategic Opportunities Fund, respectively.

	Fair Values of Derivative Instruments as of January 31, 2014
	Derivative Assets			Derivative Liabilities
	Statements of Assets			Statements of Assets
	and Liabilities			and Liabilities
Large Cap Strategies Fund	Location	Value		Location	Value
	Unrealized appreciation on forward foreign			Unrealized depreciation on forward foreign
Foreign Currency Exchange Risk	currency exchange contracts	$	406,930	currency exchange contracts	$	—
Total		$	406,930		$	—
	Statements of Assets			Statements of Assets
	and Liabilities			and Liabilities
Small & Mid Cap Fund	Location	Value		Location	Value
	Unrealized appreciation on forward foreign			Unrealized depreciation on forward foreign
Foreign Currency Exchange Risk	currency exchange contracts	$	211,787	currency exchange contracts	$	—
Total		$	211,787		$	—

						Unrealized
					Settlement	Appreciation/
Currency Purchased		Currency Sold		Counterparty	Date	(Depreciation)
				Bank of New York Mellon
U.S. Dollar	10,391,058	United Kingdom Pound	6,454,695	Corp.	02/12/14		$	(218,935	)
				Bank of New York Mellon
U.S. Dollar	5,000,000	Japanese Yen	510,262,500	Corp.	02/28/14			5,159
				Bank of New York Mellon
Swedish Krona	66,042,000	U.S. Dollar	10,102,614	Corp.	03/05/14			(27,228	)
				Bank of New York Mellon
U.S. Dollar	10,000,000	Canadian Dollar	10,740,180	Corp.	03/24/14			368,229
				Bank of New York Mellon
U.S. Dollar	9,542,255	Japanese Yen	1,003,120,000	Corp.	04/07/14			(279,235	)
U.S. Dollar	5,167,622	Euro	3,748,337	Barclays Plc	02/03/14			112,208
Canadian Dollar	15,668,880	U.S. Dollar	14,006,329	Barclays Plc	02/06/14			60,409
Chilean Unidad de Fomento	100,700,000	U.S. Dollar	204,177	Barclays Plc	02/11/14			(23,204	)
Euro	4,589,000	U.S. Dollar	6,193,085	Barclays Plc	02/11/14			(3,861	)
U.S. Dollar	6,200,198	Euro	4,589,000	Barclays Plc	02/11/14			10,974
Singapore Dollar	4,400,417	U.S. Dollar	3,468,172	Barclays Plc	02/12/14			(21,591	)
U.S. Dollar	31,376,171	Japanese Yen	3,065,260,500	Barclays Plc	02/12/14			1,373,079
U.S. Dollar	29,445,591	Canadian Dollar	30,909,920	Barclays Plc	02/14/14			1,701,051
U.S. Dollar	20,553,548	Japanese Yen	2,052,950,000	Barclays Plc	02/18/14			458,548
Malaysian Ringgit	32,055,000	U.S. Dollar	10,000,000	Barclays Plc	02/19/14			(425,624	)
Euro	20,719,000	U.S. Dollar	27,962,052	Barclays Plc	02/20/14			(18,159	)

	Number of Options Contracts			Premiums Received
Contracts outstanding at October 31, 2013		98,633		$	61,064,383
Options written		13,287			5,977,350
Options terminated in closing purchase transactions		(8,158	)		(10,192,367	)
Options exercised		(46,267	)		(26,872,304	)
Options expired		(3,420	)		(1,560,697	)
Contracts outstanding at January 31, 2014		54,075		$	28,416,365

	Number of Options Contracts			Premiums Received
Contracts outstanding at October 31, 2013		3,300		$	8,740,042
Options written		11,374			9,380,947
Options terminated in closing purchase transactions		(6,750	)		(9,687,858	)
Options exercised		—			—
Options expired		(1,600	)		(1,494,156	)
Contracts outstanding at January 31, 2014		6,324		$	6,938,975

	October 31, 2017
Large Cap Core Fund	$	1,733,673
Large Cap Strategies Fund		92,156,861
Real Return Fund*		245,786,188

	(a)	The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, (the “1940 Act”) (17 CFR 270.30a-3(c))) are adequate and reasonably designed to achieve the purposes described in such rule, as of a date within 90 days of the filing date of the report that includes the disclosure required by this paragraph, based on their evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934, (17 CFR 240.13a-15(b) or 240.15d-15(b)).

	(b)	There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.

By (Signature and Title)*		/s/ David W. Rossmiller
		David W. Rossmiller, President
		(Principal Executive Officer)

By (Signature and Title)*		/s/ Richard T. Murtagh
		Richard T. Murtagh, Acting Treasurer
		(Acting Principal Financial Officer)