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 — 94.3%
Banks — 10.5%
	685,340	BNP Paribas SA - ADR	$	18,048,429
	282,535	Citigroup, Inc.		13,265,018
	411,325	DBS Group Holdings Ltd. - ADR		24,058,399
	407,270	HSBC Holdings Plc - ADR		18,620,384
	1,857,860	KeyCorp		24,133,601
	210,220	Morgan Stanley		7,107,538
	605,225	Skandinaviska Enskilda Banken AB - ADR(b)		7,377,693
				112,611,062
Consumer Discretionary — 15.5%
	806,830	Bridgestone Corp. - ADR		15,942,961
	266,080	Daihatsu Motor Co. Ltd. - ADR		7,402,346
	455,945	Dollar General Corp.(b)		30,575,672
	272,190	Macy’s, Inc.		17,387,497
	240,550	NIKE, Inc. - Class B		22,190,738
	472,170	Pandora A/S - ADR		8,484,895
	371,980	Sky Plc - ADR		20,756,483
	278,515	Viacom, Inc. - Class B		17,941,936
	365,895	Yum! Brands, Inc.		26,446,891
				167,129,419
Consumer Staples — 8.1%
	175,035	CVS Health Corp.		17,181,436
	820,215	J Sainsbury Plc - ADR		12,631,311
	120,460	Lorillard, Inc.		7,903,381
	603,195	Svenska Cellulosa AB SCA - ADR		14,549,063
	494,890	Unilever NV		21,580,416
	567,905	Wilmar International Ltd. - ADR		13,584,288
				87,429,895
Diversified Financials — 1.7%
	1,599,870	ORIX Corp.		18,624,051
Energy — 4.1%
	121,655	China Petroleum & Chemical Corp. - ADR		9,636,293
	428,770	ConocoPhillips		27,003,935
	148,870	Valero Energy Corp.		7,872,246
				44,512,474
Health Care — 14.6%
	198,635	Aetna, Inc.		18,238,666
	375,225	AstraZeneca Plc		26,805,830
	535,045	Mylan, Inc.(b)		28,437,642
	993,430	Pfizer, Inc.		31,044,688
	227,570	Thermo Fisher Scientific, Inc.		28,494,040
	213,370	Zimmer Holdings, Inc.		23,918,777
				156,939,643
Industrials — 10.8%
	57,270	Cummins, Inc.		7,986,874
	116,420	Illinois Tool Works, Inc.		10,837,538
	948,200	Itochu Corp. - ADR		19,248,459

Shares			Value
Industrials (continued)
	117,785	Kirby Corp.(b)	$	8,538,235
	240,955	Nielsen Holdings NV		10,496,000
	275,840	Raytheon Co.		27,597,791
	179,675	Union Pacific Corp.		21,059,707
	129,000	United Rentals, Inc.(b)		10,687,649
				116,452,253
Information Technology — 13.3%
	363,660	Apple, Inc.		42,606,406
	162,260	Avago Technologies Ltd.		16,693,309
	303,425	Hitachi Ltd. - ADR		22,872,177
	242,980	NXP Semiconductor NV(b)		19,278,033
	327,560	Qualcomm, Inc.		20,459,398
	460,410	Teradata Corp.(b)		20,515,870
				142,425,193
Insurance — 4.3%
	145,830	ACE Ltd.		15,743,807
	274,420	American International Group, Inc.		13,410,905
	2,393,720	RSA Insurance Group Plc - ADR		16,779,977
				45,934,689
Materials — 0.9%
	677,835	Sumitomo Metal Mining Co. Ltd. - ADR		9,862,499

Real Estate — 1.2%
	826,505	Wharf Holdings Ltd. - ADR		13,257,140

Telecommunication Services — 4.8%
	408,585	China Telecom Corp. Ltd. - ADR		23,926,738
	1,056,709	KDDI Corp. - ADR		18,777,719
	383,660	Tim Participacoes SA - ADR		8,467,376
				51,171,833
Utilities — 4.5%
	595,895	American Water Works Co., Inc.		33,453,545
	602,690	Tokyo Gas Co. Ltd. - ADR		14,464,559
				47,918,104
Total Common Stocks (Cost $912,299,158)				1,014,268,255

(a)	Cost for federal income tax purposes is $973,449,095 and net unrealized appreciation of investments is as follows:

Unrealized appreciation	$	143,123,419
Unrealized depreciation		(41,167,759	)
Net unrealized appreciation	$	101,955,660

(b)	Non-income producing security.
(c)	Rate shown represents current yield at January 31, 2015.

ADR-American Depositary Receipt

Portfolio diversification by Sector (Unaudited)

Sector	Percentage of Net Assets
Banks		10.5	%
Consumer Discretionary		15.5	%
Consumer Staples		8.1	%
Diversified Financials		1.7	%
Energy		4.1	%
Health Care		14.6	%
Industrials		10.8	%
Information Technology		13.3	%
Insurance		4.3	%
Materials		0.9	%
Real Estate		1.2	%
Telecommunication Services		4.8	%
Utilities		4.5	%
Other*		5.7	%
		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 — 88.0%
ARGENTINA — 0.3%
	285,000	MercadoLibre, Inc.	$	35,322,900
BELGIUM — 0.3%
	511,000	UCB SA(e)		39,825,156
BRAZIL — 0.7%
	2,110,000	Cielo SA		31,454,393
	5,450,117	Itau Unibanco Holding SA - ADR		66,055,418
				97,509,811
CHINA — 1.4%
	1,076,200	Alibaba Group Holding Ltd. - ADR(b)		95,867,896
	429,000	Baidu, Inc. - ADR(b)		93,487,680
				189,355,576
DENMARK — 0.6%
	1,705,000	Novo Nordisk A/S - Class B		76,513,132
FINLAND — 1.8%
	1,000,000	Kone Oyj - Class B		45,143,283
	3,970,000	Sampo Oyj - A Shares(e)		192,542,488
				237,685,771
FRANCE — 1.3%
	990,000	L’Oreal SA		177,928,381
GERMANY — 1.1%
	1,236,000	Bayerische Motoren Werke AG		144,416,019
HONG KONG — 1.2%
	2,435,718	Jardine Matheson Holdings Ltd.(e)		156,056,452
INDIA — 2.2%
	3,073,000	Asian Paints Ltd.(e)		42,558,582
	5,295,000	Housing Development Finance Corp.(e)		107,934,730
	10,769,000	ITC Ltd.(e)		64,081,940
	4,024,000	Motherson Sumi Systems Ltd.(e)		29,308,572
	6,395,000	Titan Co. Ltd.(e)		44,460,919
				288,344,743
ITALY — 0.3%
	5,832,000	Prada SpA(e)		34,229,325
JAPAN — 4.0%
	7,770,000	Astellas Pharma, Inc.		121,052,670
	3,174,000	KDDI Corp.		226,042,425
	3,840,000	Nomura Research Institute Ltd.(e)		131,618,837
	447,000	Ono Pharmaceutical Co. Ltd.		47,581,538
				526,295,470
NETHERLANDS — 3.2%
	822,000	ASML Holding NV		85,438,680
	785,000	Core Laboratories NV		72,808,750
	393,000	Koninklijke Vopak NV		22,020,097

Shares			Value
NETHERLANDS (continued)
	10,256,537	Reed Elsevier NV(e)	$	251,962,930
				432,230,457
SINGAPORE — 0.7%
	2,902,000	Jardine Cycle & Carriage Ltd.(e)		90,741,130
SOUTH AFRICA — 0.5%
	479,000	Naspers Ltd. - Class N		69,838,570
SWEDEN — 0.8%
	8,800,000	Nordea Bank AB		111,991,492
SWITZERLAND — 2.9%
	2,343,000	Nestle SA		179,769,495
	608,097	Roche Holding AG		164,640,508
	20,200	SGS SA		38,499,238
				382,909,241
THAILAND — 0.8%
	3,676,000	Airports of Thailand Public Co. Ltd.(e)		36,389,366
	53,661,000	CP ALL Public Co. Ltd.(e)		68,039,459
				104,428,825
UNITED KINGDOM — 3.3%
	4,991,000	ARM Holdings Plc		78,256,906
	1,289,768	ASOS Plc(b)		53,364,769
	8,098,800	Sky Plc(e)		113,201,719
	3,668,000	Rolls-Royce Holdings Plc		49,253,268
	1,560,699	Rotork Plc(e)		54,184,423
	1,635,712	Wolseley Plc(e)		95,148,837
				443,409,922
UNITED STATES — 60.6%
	526,400	Allergan, Inc.		115,418,464
	1,710,862	Altria Group, Inc.		90,846,772
	3,739,065	Apple, Inc.		438,068,855
	4,523,673	Applied Materials, Inc.		103,320,691
	2,550,000	Automatic Data Processing, Inc.		210,451,500
	244,380	AutoZone, Inc.(b)		145,885,085
	2,728,957	Bank of New York Mellon Corp. (The)		98,242,452
	2,012,000	Baxter International, Inc.		141,463,720
	1,390,000	Becton Dickinson and Co.		191,931,200
	781,377	Bed Bath & Beyond, Inc.(b)		58,423,558
	267,000	Biogen Idec, Inc.(b)		103,905,720
	727,000	BioMarin Pharmaceutical, Inc.(b)		70,635,320
	269,225	California Resources Corp(b)		1,378,432
	754,000	Cerner Corp.(b)		50,027,900
	1,766,300	CH Robinson Worldwide, Inc.		125,795,886
	3,059,000	Charles Schwab Corp. (The)		79,472,820
	5,072,200	Coca-Cola Co. (The)		208,822,474
	2,244,400	Colgate-Palmolive Co.		151,541,888
	365,250	DIRECTV(b)		31,148,520
	3,286,000	Discovery Communications, Inc. - Class A(b)		95,244,710
	301,000	Discovery Communications, Inc. - Class C(b)		8,391,880

Shares			Value
UNITED STATES (continued)
	1,923,600	eBay, Inc.(b)	$	101,950,800
	5,253,393	EMC Corp.		136,220,480
	1,204,000	EOG Resources, Inc.		107,192,120
	1,461,000	Facebook, Inc. - Class A(b)		110,904,510
	1,490,500	Fluor Corp.		79,875,895
	953,000	FMC Technologies, Inc.(b)		35,718,440
	2,326,800	Gap, Inc. (The)		95,840,892
	1,425,800	Gilead Sciences, Inc.(b)		149,466,614
	73,000	Google, Inc. - Class A(b)		39,241,150
	62,000	Google, Inc. - Class C(b)		33,140,240
	3,841,100	Hewlett-Packard Co.		138,778,943
	2,115,000	Johnson & Johnson		211,796,100
	2,098,798	JPMorgan Chase & Co.		114,132,635
	422,000	Kansas City Southern		46,457,980
	3,060,000	Kraft Foods Group, Inc.		199,940,400
	874,000	Las Vegas Sands Corp.		47,519,380
	227,000	Linkedin Corp(b)		51,015,980
	1,226,224	Lockheed Martin Corp.		230,983,815
	202,000	Markel Corp.(b)(e)		138,038,720
	2,511,500	Mastercard, Inc. - Class A		206,018,345
	4,161,600	Mattel, Inc.		111,947,040
	1,096,756	Medidata Solutions, Inc.(b)(e)		47,149,540
	2,045,800	Medtronic Plc		146,070,120
	2,561,900	Merck & Co., Inc.		154,431,332
	1,052,600	Molson Coors Brewing Co. - Class B		79,923,918
	746,000	Monsanto Co.		88,013,080
	715,000	NIKE, Inc. - Class B		65,958,750
	5,453,900	NVIDIA Corp.		104,742,150
	1,128,363	Occidental Petroleum Corp.		90,269,040
	3,951,820	Oracle Corp.		165,541,740
	1,400,600	PepsiCo, Inc.		131,348,268
	1,584,183	PNC Financial Services Group, Inc. (The)		133,926,831
	168,650	Priceline Group, Inc. (The)(b)		170,248,802
	212,000	Regeneron Pharmaceuticals, Inc.(b)		88,331,920
	3,073,378	Schlumberger Ltd.		253,215,613
	1,014,485	T Rowe Price Group, Inc.		79,860,259
	4,087,700	Texas Instruments, Inc.		218,487,565
	1,345,800	Union Pacific Corp.		157,741,218
	1,279,600	United Technologies Corp.		146,872,488
	5,021,238	US Bancorp		210,440,085
	476,000	Visa, Inc. - Class A		121,337,160
	1,605,655	Wal-Mart Stores, Inc.		136,448,562
	4,281,000	Wells Fargo & Co.		222,269,520
	1,023,000	Workday, Inc. - Class A(b)		81,287,580
	193,000	WW Grainger, Inc.		45,517,120
				8,046,030,987
Total Common Stocks (Cost $9,967,323,068)				11,685,063,360

Principal
Amount			Value
U.S. GOVERNMENT AGENCIES — 0.6%
Federal Home Loan Bank — 0.6%
$	1,600,000	0.07%, 02/04/15(c)	$	1,599,994
	650,000	0.06%, 02/09/15(c)		649,992
	46,000,000	0.07%, 02/09/15(c)		45,999,374
	9,800,000	0.06%, 02/10/15(c)		9,799,869
	15,125,000	0.06%, 02/11/15(c)		15,124,773
	700,000	0.10%, 02/13/15(c)		699,979
Total U.S. Government Agencies (Cost $73,873,981)				73,873,981

Shares
EXCHANGE TRADED FUNDS — 8.8%
	3,147,000	iShares Core S&P 500 Index Fund		632,137,890
	16,173,000	iShares MSCI Japan Index Fund		185,827,770
	388,000	SPDR S&P 500 ETF Trust		77,394,360
	1,920,000	Vanguard FTSE Emerging Markets ETF		76,684,800
	4,000,000	WisdomTree Japan Hedged Equity Fund		196,880,000
Total Exchange Traded Funds (Cost $1,140,484,666)				1,168,924,820
INVESTMENT COMPANY — 3.5%
	467,021,000	Federated Government Obligations Fund, 0.02%(d)		467,021,000
Total Investment Company (Cost $467,021,000)				467,021,000
TOTAL INVESTMENTS — 100.9% (Cost $11,648,702,715)(a)				13,394,883,161
LIABILITIES IN EXCESS OF OTHER ASSETS — (0.9)%				(113,468,055	)
NET ASSETS — 100.0%			$	13,281,415,106

(a)	Cost for federal income tax purposes is $11,661,238,133 and net unrealized appreciation of investments is as follows:

Unrealized appreciation	$	2,008,907,893
Unrealized depreciation		(275,262,865	)
Net unrealized appreciation	$	1,733,645,028

(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, 2015.
(e)	This security is considered either fully or partially illiquid. These securities or portions thereof have a value of $1,223,931,549 or 9.22% of net assets.

ADR-American Depositary Receipt

Portfolio diversification by Sector (Unaudited)

Sector	Percentage of Net Assets
Banks		6.4	%
Consumer Discretionary		11.2	%
Consumer Staples		11.2	%
Diversified Financials		2.8	%
Energy		4.4	%
Health Care		14.5	%
Industrials		9.8	%
Information Technology		21.7	%
Insurance		2.5	%
Materials		1.0	%
Telecommunication Services		2.5	%
Other*		12.0	%
		100	%

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

Shares			Value
COMMON STOCKS — 87.6%
AUSTRALIA — 1.4%
	29,208	Acrux Ltd.	$	34,790
	135,571	Adelaide Brighton Ltd.		377,841
	69,555	AED Oil Ltd.(b)(c)(d)		0
	34,185	Ainsworth Game Technology Ltd.		78,509
	119,863	Alcyone Resources Ltd.(b)(c)(d)		35
	94,983	ALS Ltd.		362,327
	13,518	Altium Ltd.		31,571
	103,290	Alumina Ltd.(d)		155,998
	32,208	Amalgamated Holdings Ltd.		294,870
	102,022	Amcom Telecommunications Ltd.		227,153
	32,227	Ansell Ltd.		568,761
	38,563	Antares Energy Ltd.(d)		5,254
	14,818	AP Eagers Ltd.		71,407
	16,395	APA Group		103,640
	117,724	APN News & Media Ltd.(d)		74,235
	48,666	Aquarius Platinum Ltd.(d)		10,419
	4,250	ARB Corp. Ltd.		38,314
	129,172	Aristocrat Leisure Ltd.		705,935
	1,547,765	Arrium Ltd.		247,011
	455,767	Asciano Ltd.		2,139,535
	30,331	ASG Group Ltd.(d)		15,584
	14,463	Atlas Iron Ltd.		1,914
	87,070	Ausdrill Ltd.		25,419
	253,296	Ausnet Services		276,068
	28,194	Austal Ltd.(d)		34,021
	17,417	Austbrokers Holdings Ltd.		119,592
	188,262	Australian Agricultural Co. Ltd.(d)		234,499
	141,784	Australian Pharmaceutical Industries Ltd.		100,445
	54,981	Automotive Holdings Group Ltd.		161,794
	345,689	AWE Ltd.(d)		361,965
	104,024	Bank of Queensland Ltd.		1,013,095
	5,295	BC Iron Ltd.		1,917
	831,937	Beach Energy Ltd.		621,757
	81,049	Beadell Resources Ltd.(d)		17,983
	342,118	Bendigo & Adelaide Bank Ltd.		3,563,619
	163,094	Billabong International Ltd.(d)		81,260
	2,067	Blackmores Ltd.		64,946
	183,375	BlueScope Steel Ltd.(d)		718,071
	385,623	Boral Ltd.		1,681,164
	20,608	Bradken Ltd.		43,798
	15,029	Breville Group Ltd.		84,943
	17,433	Brickworks Ltd.		164,352
	17,980	BT Investment Management Ltd.		100,782
	53,909	Cabcharge Australia Ltd.		182,562
	54,109	Caltex Australia Ltd.		1,407,781
	255,734	Cape Lambert Resources Ltd.		15,131
	58,430	Cardno Ltd.		134,644
	279,117	Carnarvon Petroleum Ltd.(d)		30,421
	16,047	carsales.com Ltd.		128,674

Shares			Value
AUSTRALIA (continued)
	129,012	Cash Converters International Ltd.	$	110,982
	9,912	Cedar Woods Properties Ltd.		44,910
	78,031	Challenger Ltd.		383,315
	2,606,749	Charter Hall Retail REIT(c)		8,908,876
	84,396	Coal of Africa Ltd.(d)		2,300
	52,326	Coca-Cola Amatil Ltd.		395,138
	14,586	Cochlear Ltd.		942,483
	119,759	Coffey International Ltd.(d)		24,707
	24,164	Computershare Ltd.		218,780
	6,689	Corporate Travel Management Ltd.		50,824
	14,117	Credit Corp. Group Ltd.		128,584
	28,009	CSG Ltd.		26,166
	133,870	CSR Ltd. - Placement Shares		416,872
	16,210	Decmil Group Ltd.		15,837
	7,518	Devine Ltd.(d)		5,443
	15,520	Domino’s Pizza Enterprises Ltd.		317,040
	234,808	Downer EDI Ltd.		769,581
	131,193	Drillsearch Energy Ltd.(d)		79,664
	22,605	DUET Group.		43,995
	51,932	DuluxGroup Ltd.		241,766
	260,817	Echo Entertainment Group Ltd.		822,337
	22,445	Elders Ltd.(d)		57,488
	399,090	Emeco Holdings Ltd.(d)		37,283
	37,250	Energy Resources of Australia Ltd.(d)		37,844
	131,257	Energy World Corp. Ltd.(d)		30,144
	17	Equity Trustees Ltd.		265
	26,509	Eservglobal Ltd.(d)		10,112
	539,780	Fairfax Media Ltd.		378,197
	497,336	FAR Ltd.(d)		35,233
	16,777	Finbar Group Ltd.		16,653
	2,582	Fleetwood Corp. Ltd.		2,935
	9,044	Flight Centre Travel Group Ltd.		266,211
	704,466	Focus Minerals Ltd.(d)		5,484
	859	Folkestone Education Trust REIT		1,337
	15,730	G.U.D. Holdings Ltd.		96,130
	49,125	G8 Education Ltd.		160,624
	873,603	Goodman Fielder Ltd.		435,265
	57,126	GrainCorp Ltd. - Class A		396,251
	180,274	Gunns Ltd.(b)(c)(d)		0
	73,089	GWA Group Ltd.		150,785
	28,670	Hansen Technologies Ltd.		38,725
	241,775	Harvey Norman Holdings Ltd.		743,477
	105,334	Hillgrove Resources Ltd.(d)		31,161
	72,090	Hills Ltd.		60,612
	157,057	Horizon Oil Ltd.(d)		15,284
	74,364	iiNET Ltd.		434,193
	59,560	Iluka Resources Ltd.		327,818
	104,051	Imdex Ltd.(d)		23,896
	12,050	IMF Bentham Ltd.		20,169
	425,290	Incitec Pivot Ltd.		1,195,230
	105,134	Independence Group NL		405,142
	72,251	Infigen Energy(d)		14,062

Shares			Value
AUSTRALIA (continued)
	40,796	Infomedia Ltd.	$	29,219
	707,022	Invocare Ltd.(c)		7,182,946
	53,982	IOOF Holdings Ltd.		396,716
	34,010	Iress Ltd.		273,506
	21,267	JB Hi-Fi Ltd.		277,319
	89,162	Kingsgate Consolidated Ltd.(b)(c)(d)		54,836
	14,222	Leighton Holdings Ltd.		228,412
	392,774	Lynas Corp. Ltd.(d)		13,760
	37,973	M2 Group Ltd.		266,058
	72,852	MACA Ltd.		46,507
	328,362	Macmahon Holdings Ltd.(d)		14,571
	1,285	Macquarie Telecom Group Ltd.		5,022
	16,274	Magellan Financial Group Ltd.		242,364
	1,743	Maverick Drilling & Exploration Ltd.(d)		210
	26,811	Mayne Pharma Group Ltd.(d)		13,045
	18,709	McMillan Shakespeare Ltd.		167,497
	78,594	Medusa Mining Ltd.(d)		50,478
	10,438	Melbourne IT Ltd.		11,133
	295,623	Metcash Ltd.		336,008
	90,921	Metgasco Ltd.(d)		2,548
	30,568	Mincor Resources NL		17,134
	96,416	Mineral Resources Ltd.		505,904
	114,819	MMA Offshore Ltd.		71,509
	920,000	MMG Ltd.		263,457
	13,431	Monadelphous Group Ltd.		85,321
	59,782	Mortgage Choice Ltd.		112,162
	299,441	Mount Gibson Iron Ltd.		50,120
	1,050	MyState Ltd.		3,899
	24,976	Navitas Ltd.		104,413
	128,661	New Hope Corp. Ltd.		236,384
	94,155	Newcrest Mining Ltd.(d)		993,945
	52,364	Newsat Ltd.(d)		4,077
	536,185	Nexus Energy Ltd.(b)(d)		0
	127,143	NIB Holdings Ltd.		327,627
	69,743	Noble Mineral Resources Ltd.(b)(c)(d)		0
	150,444	Northern Star Resources Ltd.		210,232
	120,369	NRW Holdings Ltd.		26,707
	21,303	Nufarm Ltd.		94,365
	142,469	OceanaGold Corp.(d)		313,932
	6,370	Orocobre Ltd.(d)		14,530
	60,679	OZ Minerals Ltd.		182,814
	23,610	OzForex Group Ltd.		46,686
	335,482	Pacific Brands Ltd.		127,975
	2,105,155	Pact Group Holdings Ltd.(c)		7,751,833
	282,338	Paladin Energy Ltd.(d)		83,524
	338,477	PanAust Ltd.		318,841
	174,602	Panoramic Resources Ltd.		61,847
	19,902	Peet Ltd.		16,113
	4,407	Perpetual Ltd.		168,729
	105,771	Perseus Mining Ltd.(d)		28,408
	48,159	Platinum Asset Mangement Ltd.		326,179
	67,411	Platinum Australia Ltd.(b)(c)(d)		315
	85,726	PMP Ltd.(d)		27,029

Shares			Value
AUSTRALIA (continued)
	24,941	Premier Investments Ltd.	$	199,408
	128,450	Primary Health Care Ltd.		462,993
	25,653	Prime Media Group Ltd.		16,077
	61,450	Programmed Maintenance Services Ltd.		103,810
	372,464	Qantas Airways Ltd.(d)		756,805
	67,738	Qube Holdings Ltd.		123,398
	47,987	RCR Tomlinson Ltd.		76,584
	6,531	REA Group Ltd.		251,932
	30,974	Reckon Ltd.		46,056
	95,161	Red Fork Energy Ltd.(b)(c)(d)		445
	8,498	Reece Australia Ltd.		213,423
	56,462	Regis Resources Ltd.(d)		83,296
	570	Reject Shop Ltd. (The)		2,583
	51,024	Resolute Mining Ltd.(d)		14,697
	27,877	Retail Food Group Ltd.		133,903
	101,020	Ridley Corp. Ltd.		71,566
	4,191	Ruralco Holdings Ltd.		11,876
	10,681	Sandfire Resources NL		35,506
	383,311	Saracen Mineral Holdings Ltd.(d)		107,427
	55,405	Seek Ltd.		769,921
	11,618	Select Harvests Ltd.		59,875
	182,455	Senex Energy Ltd.(d)		39,061
	16,377	Servcorp Ltd.		64,768
	19,063	Seven Group Holdings Ltd.		76,132
	139,953	Seven West Media Ltd.		142,729
	4,810,354	Shopping Centres Australasia Property Group REIT(c)		7,227,590
	147,439	Sigma Pharmaceuticals Ltd.		91,825
	6,488	Silex Systems Ltd.(d)		2,652
	9,054	Sirtex Medical Ltd.		189,958
	75,905	Skilled Group Ltd.		77,411
	44,691	Slater & Gordon Ltd.		231,019
	182,994	Southern Cross Media Group Ltd.		150,296
	19,976	Spark Infrastructure Group		33,280
	189,721	St Barbara Ltd.(d)		31,017
	137,375	STW Communications Group Ltd.		98,391
	318,101	Sundance Energy Australia Ltd.(d)		115,154
	63,254	Sunland Group Ltd.		83,714
	22,520	Super Retail Group Ltd.		153,053
	275,283	Tabcorp Holdings Ltd.		979,388
	78,791	Tap Oil Ltd.(d)		23,002
	32,713	Tassal Group Ltd.		96,011
	268,979	Tatts Group Ltd.		808,286
	42,660	Technology One Ltd.		110,260
	523,796	Ten Network Holdings Ltd.(d)		81,555
	69,352	TFS Corp. Ltd.		79,366
	57,103	Thorn Group Ltd.		127,141
	190,524	Tiger Resources Ltd.(d)		7,268
	255,964	Toll Holdings Ltd.		1,233,470
	188,636	Toro Energy Ltd.(d)		12,189
	66,000	Tox Free Solutions Ltd.		149,519

Shares			Value
AUSTRALIA (continued)
	27,100	TPG Telecom Ltd.	$	141,352
	200,517	Transfield Services Ltd.(d)		221,666
	456,872	Transpacific Industries Group Ltd.		293,432
	239,665	Treasury Wine Estates Ltd.		917,971
	92,834	Troy Resources Ltd.(d)		40,111
	144,020	UXC Ltd.		83,529
	101,055	Venture Minerals Ltd.(d)		2,911
	60,726	Village Roadshow Ltd.		288,379
	492,324	Virgin Australia Holdings Ltd.(d)		180,139
	521,584	Virgin Australia Holdings Ltd. - CVR Shares(b)(c)(d)		0
	4,968	Virtus Health Ltd.		31,057
	12,385	Vocus Communications Ltd.		59,875
	51,085	Washington H. Soul Pattinson & Co. Ltd.		515,416
	7,324	Webjet Ltd.		16,649
	57,355	Western Areas NL		179,497
	112,652	Whitehaven Coal Ltd.(d)		108,748
	43,426	Worleyparsons Ltd.		325,225
				77,944,625
AUSTRIA — 0.1%
	1,036	Agrana Beteiligungs AG		81,971
	401	AMAG Austria Metall AG(e)		12,561
	24,805	ams AG		977,936
	3,534	Andritz AG		191,683
	4,521	A-TEC Industries AG(b)(c)(d)		0
	5,240	Austria Technologie & Systemtechnik AG		67,975
	6,441	BUWOG AG		126,060
	868	CA Immobilien Anlagen AG		17,611
	827	DO & CO AG		62,145
	3,052	EVN AG		33,715
	589	Flughafen Wien AG		51,109
	1,625	Lenzing AG		105,327
	1,068	Mayr Melnhof Karton AG		110,329
	14,426	Oesterreichische Post AG		715,627
	3,404	Palfinger AG		89,047
	5,197	POLYTEC Holding AG		39,916
	19,857	Raiffeisen Bank International AG		233,358
	6,198	RHI AG		163,186
	516	Rosenbauer International AG		39,294
	5,208	S IMMO AG		40,312
	2,934	Schoeller-Bleckmann Oilfield Equipment AG		173,362
	2,386	Semperit AG Holding		105,690
	22,305	Strabag SE		494,891
	2,205	UNIQA Insurance Group AG		18,687
	2,764	Verbund AG		48,411
	6,198	Vienna Insurance Group AG Wiener Versicherung Gruppe		263,444
	69,490	Voestalpine AG		2,477,411
	40,993	Wienerberger AG		580,181
	1,597	Wolford AG(d)		38,420

Shares			Value
AUSTRIA (continued)
	6,441	Zumtobel Group AG	$	148,259
				7,507,918
BAHAMAS — 0.0%
	488	United International Enterprises		73,368
BELGIUM — 0.3%
	11,146	Ackermans & van Haaren NV		1,325,615
	107,242	Ageas		3,675,477
	97,067	AGFA - Gevaert NV(d)		226,939
	22,952	AGFA - Gevaert NV - VVPR Strip(b)(c)(d)		0
	129	Banque Nationale de Belgique		509,012
	1,108	Barco NV		71,353
	41,472	Belgacom SA		1,546,249
	2,364	Cie d’Entreprises CFE		225,458
	1,433	Cie Immobiliere de Belgique SA		77,240
	2,727	Cie Maritime Belge SA		42,756
	711	Cofinimmo SA REIT		86,971
	6,865	Colruyt SA		317,007
	23,480	Deceuninck NV		48,581
	12,200	Deceuninck NV- VVPR Strip(b)(c)(d)		0
	50,793	Delhaize Group SA		4,226,054
	10,300	D’ieteren SA NV		333,107
	9,725	Econocom Group SA		79,650
	2,295	Elia System Operator SA NV		100,842
	6,864	Euronav NV(d)		80,588
	5,314	Exmar NV		46,837
	7,223	Fagron NV		295,218
	2,849	Galapagos NV(d)		58,528
	151	Jensen-Group NV		3,028
	4,965	Kinepolis Group NV		218,245
	47	Lotus Bakeries		56,440
	3,650	Melexis NV		183,127
	11,572	Mobistar SA(d)		257,079
	12,559	NV Bekaert SA		379,696
	15,645	Nyrstar - VVPR Strip(b)(c)(d)		0
	31,275	Nyrstar NV(d)		117,649
	1,265	RealDolmen NV SA(d)		26,416
	4,505	Recticel SA		26,044
	118	Resilux		17,081
	30	Retail Estates NV REIT		2,458
	19,241	RHJ International SA(d)		101,101
	5,564	Sioen Industries NV		80,477
	2,522	Sipef NV		147,907
	2,916	Telenet Group Holding NV(d)		162,134
	7,663	Tessenderlo Chemie NV(d)		198,424
	1,410	Tessenderlo Chemie NV - VVPR Strip(b)(c)(d)		0
	20,569	Umicore SA		861,961
	1,563	Van de Velde NV		85,033
	6,098	Viohalco SA(d)		15,359

Shares			Value
BELGIUM (continued)
	1,956	Warehouses De Pauw SCA REIT	$	150,298
				16,463,439
BERMUDA — 0.9%
	151,229	Archer Ltd.(d)		60,093
	260,000	Argo Group International Holdings Ltd.(c)		13,907,399
	206,975	Catlin Group Ltd.		2,172,876
	400,000	Endurance Specialty Holdings Ltd.(c)(d)		24,448,000
	155,814	Golden Ocean Group Ltd.		97,047
	80,000	Helen of Troy Ltd.(d)		6,017,599
	115,241	Hiscox Ltd.		1,274,921
	4,846	Hoegh LNG Holdings Ltd.(d)		47,984
	23,772	Northern Offshore Ltd.		9,538
	197,400	Wilson Sons Ltd. - BDR(c)		2,243,809
				50,279,266
BRAZIL — 0.8%
	613,000	Abril Educacao SA(d)		2,213,722
	7,300	AES Tiete SA		37,109
	4,900	AES Tiete SA - Preference Shares		30,241
	180,200	All - America Latina Logistica SA		258,556
	47,274	Alpargatas SA - Preference Shares		150,283
	283,400	Alupar Investimento SA - Units		2,006,746
	2,000	Arezzo Industria e Comercio SA		17,471
	1,221	Banco ABC Brasil SA(c)(d)		5,165
	44,186	Banco ABC Brasil SA - Preference Shares		186,904
	15,800	Banco Daycoval SA - Preference Shares		49,286
	82,190	Banco do Estado do Rio Grande do Sul SA - Class B, Preference Shares		373,695
	16,000	Banco Industrial e Comercial SA - Preference Shares(d)		32,498
	34,829	Banco Pan SA - Preference Shares(d)		22,326
	22,247	Banco Pine SA - Preference Shares		30,428
	16,200	Banco Sofisa SA - Preference Shares(c)		14,490
	9,700	Bematech SA		37,235
	7,800	BHG SA - Brazil Hospitality Group(d)		50,290
	27,507	BM&FBovespa SA		93,288
	18,392	BR Malls Participacoes SA		104,392
	25,200	Brasil Brokers Participacoes SA		25,357
	12,400	Brasil Insurance Participacoes e Administracao SA		9,335
	687,500	Brasil Pharma SA(d)		286,965
	98,418	Braskem SA - Class A, Preference Shares		456,649
	13,200	Centrais Eletricas Brasileiras SA		25,237

Shares			Value
BRAZIL (continued)
	13,800	Centrais Eletricas Brasileiras SA - Preference B Shares	$	31,578
	3,200	Centrais Eletricas Santa Catarina - Preference Shares		16,386
	36,400	CETIP SA - Mercados Organizados		467,336
	3,600	Cia de Gas de Sao Paulo - Class A, Preference Shares		60,106
	5,500	Cia de Saneamento Basico do Estado de Sao Paulo		27,262
	2,900	Cia de Saneamento de Minas Gerais-COPASA		18,373
	4,000	Cia de Saneamento do Parana - Preference Shares		7,454
	1,992	Cia de Transmissao de Energia Eletrica Paulista - Preference Shares		29,124
	5,100	Cia Energetica de Minas Gerais		23,759
	7,500	Cia Energetica de Minas Gerais - Preference Shares		33,290
	10,800	Cia Energetica de Sao Paulo -Class B, Preference Shares		94,828
	2,075	Cia Energetica do Ceara - Class A, Preference Shares		27,685
	11,708	Cia Ferro Ligas da Bahia-Ferbasa - Preference Shares		31,722
	34,400	Cia Hering		233,201
	14,000	Cia Paranaense de Energia - Class B, Preference Shares		162,788
	18,300	Cia Providencia Industria e Comercio SA(d)		55,584
	182,500	Cia Siderurgica Nacional SA		282,940
	8,420	Contax Participacoes SA - Units		33,074
	3,000	Cosan Logistica SA(d)		2,449
	20,700	Cosan SA Industria e Comercio		189,237
	22,600	CPFL Energia SA		141,837
	43,540	Cyrela Brazil Realty SA Empreendimentos e Participacoes		175,409
	400	Cyrela Commercial Properties SA Empreendimentos e Participacoes		1,625
	18,152	Direcional Engenharia SA		43,972
	150,879	Duratex SA		417,788
	19,400	EcoRodovias Infraestrutura e Logistica SA		74,975
	15,500	EDP - Energias do Brasil SA		50,025
	390,320	Embraer SA		3,453,348
	14,569	Equatorial Energia SA		135,740
	9,000	Estacio Participacoes SA		55,981
	61,986	Eternit SA		71,151
	69,100	Even Construtora e Incorporadora SA		111,508
	24,032	Ez Tec Empreendimentos e Participacoes SA		147,779
	500	Fertilizantes Heringer SA(d)		708
	174,178	Fibria Celulose SA(d)		2,096,692

Shares			Value
BRAZIL (continued)
	448,000	Fleury SA	$	2,312,420
	403	Forjas Taurus SA(d)		812
	179,400	GAEC Educacao SA		1,387,329
	108,200	Gafisa SA		76,616
	27,600	Gerdau SA		75,808
	351,685	Gerdau SA - Preference Shares		1,167,805
	23,400	Gol-Linhas Aereas Inteligentes SA - Preference Shares(d)		106,568
	25,600	Grendene SA		132,902
	4,500	Guararapes Confeccoes SA		132,153
	57,540	Helbor Empreendimentos SA		83,847
	17,700	Hypermarcas SA(d)		120,254
	292,700	Iguatemi Empresa de Shopping Centers SA		2,650,744
	3,800	International Meal Co. Holdings SA		10,834
	9,170	Iochpe-Maxion SA		38,208
	30,034	JHSF Participacoes SA		24,065
	510,400	JSL SA(c)		2,069,562
	1,600	Kepler Weber SA		22,653
	25,300	Klabin SA - Units		129,081
	182,384	Kroton Educacional SA		836,047
	7,200	Light SA		37,996
	105,700	Linx SA		1,864,842
	23,275	Localiza Rent a Car SA		302,729
	17,810	Log-In Logistica Intermodal SA(d)		22,899
	16,950	Lojas Americanas SA		74,224
	37,200	Lojas Americanas SA - Preference Shares		215,582
	32,200	Lojas Renner SA		846,026
	21,100	LPS Brasil Consultoria de Imoveis SA		44,901
	3,300	M Dias Branco SA		101,832
	39,148	Magnesita Refratarios SA		27,429
	264,700	Mahle-Metal Leve SA Industria e Comercio		1,972,981
	29,880	Marcopolo SA - Preference Shares		29,844
	117,584	Marfrig Global Foods SA(d)		219,107
	4,500	Marisa Lojas SA		24,586
	27,800	Minerva SA(d)		89,412
	90,600	MRV Engenharia e Participacoes SA		233,316
	8,450	Multiplan Empreendimentos Imobiliarios SA		151,758
	11,300	Multiplus SA		146,343
	34,400	Natura Cosmeticos SA		401,916
	587,600	Odontoprev SA		2,262,148
	2,420	Oi SA(d)		4,870
	131,200	Ouro Fino Saude Animal Participacoes SA		1,417,982
	16,200	Parana Banco SA - Preference Shares(c)		57,960
	66,719	Paranapanema SA(d)		48,487

Shares			Value
BRAZIL (continued)
	345,500	PDG Realty SA Empreendimentos e Partici-pacoes(d)	$	66,956
	47,400	Porto Seguro SA		478,725
	7,300	Portobello SA		10,828
	5,800	Profarma Distribuidora de Produtos Farmaceuticos SA		15,088
	16,500	QGEP Participacoes SA		35,051
	7,074	Qualicorp SA(d)		69,995
	38,309	Raia Drogasil SA		369,063
	93,312	Randon Participacoes SA - Preference Shares		139,103
	12,900	Restoque Comercio e Confeccoes de Roupas SA		35,769
	6,200	Rodobens Negocios Imobiliarios SA		22,875
	11,674	Rossi Residencial SA(d)		9,267
	17,250	Santos Brasil Participacoes SA - Units		88,203
	16,200	Sao Martinho SA		205,636
	6,775	Saraiva SA Livreiros Editores - Preference Shares		11,690
	16,000	SLC Agricola SA		85,270
	121,173	Sul America SA - Units		515,265
	134,153	Suzano Papel e Celulose SA - Class A, Preference Shares		543,462
	19,100	Tecnisa SA		22,422
	2,800	Tempo Participacoes SA		3,548
	2,700	Totvs SA		33,780
	13,685	Tractebel Energia SA		158,819
	4,500	Transmissora Alianca de Energia Eletrica SA - Units		32,904
	212,000	Tupy SA		1,145,626
	7	Unipar Carbocloro SA - Preference Shares		12
	2,203	Valid Solucoes e Servicos de Seguranca em Meios de Pagamento e Identificacao SA		31,568
	52,200	Vanguarda Agro SA(d)		18,870
	10,200	WEG SA		121,644
				41,572,699
CAMBODIA — 0.0%
	416,000	NagaCorp Ltd.		326,798
CANADA — 1.7%
	23,100	5N Plus, Inc.(d)		41,448
	2,275	Absolute Software Corp.		15,755
	76,153	Advantage Oil & Gas Ltd.(d)		319,427
	23,738	Aecon Group, Inc.		183,074
	2,700	AG Growth International, Inc.		114,952
	28,607	AGF Management Ltd. - Class B		162,092
	43,867	Agnico-Eagle Mines Ltd.		1,478,919
	1,910	AGT Food & Ingredients, Inc.		42,162
	14,401	Ainsworth Lumber Co. Ltd.(d)		41,253
	2,500	Air Canada(d)		23,117
	1,100	Akita Drilling Ltd. - Class A		8,960

Shares			Value
CANADA (continued)
	21,500	Alamos Gold, Inc.	$	114,716
	2,681	Algoma Central Corp.		34,433
	46,800	Algonquin Power & Utilities Corp.		372,721
	9,600	AltaGas Ltd.		324,407
	4,000	Altus Group Ltd.		59,149
	20,500	Amerigo Resources Ltd.(d)		3,872
	1,963	Arsenal Energy, Inc.		5,870
	8,100	Atco Ltd. - Class I		313,559
	31,504	Athabasca Oil Corp.(d)		46,114
	8,100	ATS Automation Tooling Systems, Inc.(d)		92,429
	27,881	AuRico Gold, Inc.		109,927
	2,900	AutoCanada, Inc.		73,898
	5,900	Avigilon Corp.(d)		89,844
	285,186	B2Gold Corp.(c)(d)		561,081
	4,279	Badger Daylighting Ltd.		76,104
	128,700	Bankers Petroleum Ltd.(d)		295,746
	104,572	Bellatrix Exploration Ltd.(d)		211,498
	59,400	Birchcliff Energy Ltd.(d)		317,872
	6,842	Bird Construction, Inc.		59,821
	24,838	Black Diamond Group Ltd.		197,617
	57,600	BlackBerry Ltd.(d)		585,202
	194,379	BlackPearl Resources, Inc.(d)		140,732
	700	Boardwalk Real Estate Investment Trust, REIT		33,785
	203,200	Bombardier Inc. - Class B		463,744
	25,579	Bonavista Energy Corp.		120,779
	6,037	Bonterra Energy Corp.		188,849
	3,200	Boralex, Inc. - Class A		34,274
	5,502	Brookfield Residential Properties, Inc.(d)		132,711
	3,200	BRP, Inc.(d)		55,151
	771,030	CAE, Inc.		9,496,041
	8,913	Calfrac Well Services Ltd.		57,236
	28,711	Canaccord Genuity Group, Inc.		144,154
	59,431	Canacol Energy Ltd.(d)		167,438
	11,200	Canadian Apartment Properties REIT		250,936
	45,555	Canadian Energy Services & Technology Corp.		192,516
	900	Canadian Real Estate Investment Trust		34,153
	60,200	Canadian Western Bank		1,220,866
	10,832	Canam Group, Inc. - Class A		95,047
	30,077	CanElson Drilling, Inc.		76,453
	58,900	Canexus Corp.		109,855
	44,643	Canfor Corp.(d)		1,115,460
	13,488	Canfor Pulp Products, Inc.		167,180
	8,000	CanWel Building Materials Group Ltd.		35,760
	4,988	Canyon Services Group, Inc.		27,674
	1,700	Capital Power Corp.		33,834
	58,401	Capstone Infrastructure Corp.		154,884
	199,374	Capstone Mining Corp.(d)		182,005
	43,552	Cascades, Inc.		269,051

Shares			Value
CANADA (continued)
	1,675	Cathedral Energy Services Ltd.	$	3,085
	15,007	CCL Industries, Inc. - Class B		1,551,247
	35,200	Celestica, Inc.(d)		394,466
	52,507	Centerra Gold, Inc.		314,868
	65,595	Cequence Energy Ltd.(d)		44,910
	1,168	Cervus Equipment Corp.		17,584
	59,855	Chinook Energy, Inc.(d)		53,699
	6,000	Cineplex, Inc.		213,378
	51	Claude Resources, Inc.(d)		16
	9,100	Cogeco Cable, Inc.		522,783
	2,464	Cogeco, Inc.		115,376
	28,271	COM DEV International Ltd.		85,879
	3,600	Computer Modelling Group Ltd.		31,107
	3,297	Constellation Software, Inc.		913,544
	72,039	Copper Mountain Mining Corp.(d)		56,125
	1,912	Corby Spirit and Wine Ltd.		33,705
	46,922	Corus Entertainment, Inc. - Class B		796,496
	50,217	Cott Corp.		381,755
	18,500	Counsel Corp.(d)		26,206
	71,407	Crew Energy, Inc.(d)		293,900
	54,295	DeeThree Exploration Ltd.(d)		236,288
	85,438	Delphi Energy Corp.(d)		78,667
	6,900	Descartes Systems Group, Inc. (The)(d)		105,398
	23,169	DH Corp.		647,098
	2,671	DHX Media Ltd. - Variable Voting		18,224
	1,759	DirectCash Payments, Inc.		25,097
	43,862	Dollarama, Inc.		2,083,160
	38,640	Dominion Diamond Corp.(d)		641,922
	11,800	Dorel Industries, Inc. - Class B		338,111
	10,586	Dundee Precious Metals, Inc.(d)		29,824
	496	E-L Financial Corp. Ltd.		264,254
	46,000	Eldorado Gold Corp.		220,823
	11,519	Enbridge Income Fund Holdings, Inc.		373,209
	40,500	Endeavour Silver Corp.(d)		111,234
	7,668	EnerCare, Inc.		86,233
	10,875	Enerflex Ltd.		136,932
	936	Energy Fuels, Inc.(d)		4,250
	89,806	Enerplus Corp.		871,416
	2,342	Enghouse Systems Ltd.		74,626
	63,716	Ensign Energy Services, Inc.		441,755
	14,642	Epsilon Energy Ltd.(d)		45,861
	1,842	Equitable Group, Inc.		80,308
	51,113	Essential Energy Services Trust(d)		52,694
	1,900	Evertz Technologies Ltd.		27,288
	3,224	Exchange Income Corp.		56,148
	5,600	Exco Technologies Ltd.		59,054
	5,911	EXFO, Inc.(d)		20,328
	4,200	Extendicare, Inc.		22,542

Shares			Value
CANADA (continued)
	3,100	Fiera Capital Corp.	$	30,251
	29,114	Finning International, Inc.		480,002
	1,334	First Capital Realty Inc.		20,492
	18,600	First Majestic Silver Corp.(d)		114,905
	9,700	FirstService Corp.		510,305
	35,000	Fortuna Silver Mines, Inc.(d)		169,670
	1,088	Gamehost, Inc.		11,045
	23,321	Genworth MI Canada, Inc.		580,318
	23,828	Gibson Energy, Inc.		423,980
	6,300	Glentel, Inc.		123,848
	5,865	Gluskin Sheff & Associates, Inc.		122,220
	65,816	Gran Tierra Energy, Inc.(d)		142,436
	200	Granite Real Estate Investment Trust		7,020
	18,452	Great Canadian Gaming Corp.(d)		286,792
	5,535	Guardian Capital Group Ltd. - Class A		70,565
	5,100	Guyana Goldfields, Inc.(d)		11,880
	6,200	Heroux-Devtek, Inc.(d)		55,135
	1,340	High Liner Foods, Inc.		23,780
	2,065	HNZ Group, Inc.		35,378
	10,700	Home Capital Group, Inc.		353,663
	41,727	Horizon North Logistics, Inc.		70,930
	40,000	HudBay Minerals, Inc.		291,178
	1,300	Hudson’s Bay Co.		23,960
	51,900	IAMGOLD Corp.(d)		138,868
	9,300	Imax Corp.(d)		309,951
	21,600	Imperial Metals Corp.(d)		152,137
	12,000	Industrial Alliance Insurance and Financial Services, Inc.		382,089
	19,579	Innergex Renewable Energy, Inc.		183,664
	3,800	Interfor Corp.(d)		66,389
	25,626	Intertape Polymer Group, Inc.		378,128
	22,616	Jean Coutu Group PJC, Inc. (The) Class A		453,673
	10,100	Just Energy Group, Inc.		51,267
	121,087	Katanga Mining Ltd.(d)		29,540
	1,300	K-Bro Linen, Inc.		49,260
	4,115	Keyera Corp.		242,878
	2,900	Killam Properties, Inc.		25,355
	1,953	Kingsway Financial Services, Inc.(d)		11,297
	169,400	Kinross Gold Corp.(d)		574,576
	6,200	Kirkland Lake Gold, Inc.(d)		22,005
	6,230	Knight Therapeutics, Inc.(d)		39,762
	24,500	Lake Shore Gold Corp.(d)		21,980
	3,200	Laurentian Bank of Canada		117,881
	106,053	Legacy Oil & Gas, Inc.(d)		128,529
	2,282	Leisureworld Senior Care Corp.		25,807
	8,626	Leon’s Furniture Ltd.		129,998
	35,826	Leucrotta Exploration, Inc.(d)		26,784
	38,528	Lightstream Resources Ltd.		23,043
	26,805	Linamar Corp.		1,535,481
	62,600	Long Run Exploration Ltd.		52,220

Shares			Value
CANADA (continued)
	59,500	Lucara Dianmond Corp.(d)	$	98,332
	32,400	Lundin Mining Corp.(d)		115,250
	16,046	MacDonald Dettwiler & Associates Ltd.		1,178,668
	9,230	Magellan Aerospace Corp.		96,971
	500	Mainstreet Equity Corp.(d)		13,319
	26,595	Major Drilling Group International, Inc.		142,320
	52,233	Mandalay Resources Corp.		38,228
	2,728	Manitoba Telecom Services, Inc.		55,067
	35,000	Maple Leaf Foods, Inc.		561,344
	36,498	Martinrea International, Inc.		270,856
	2,300	McCoy Global, Inc.		6,570
	6,800	Medical Facilities Corp.		104,834
	18,700	MEG Energy Corp.(d)		285,202
	1,400	Melcor Developments Ltd.		18,719
	20,044	Metro, Inc.		1,586,232
	11,507	Mitel Networks Corp.(d)		102,329
	167,700	Morguard Real Estate Investment Trust(c)		2,436,249
	10,302	Morneau Shepell, Inc.		138,798
	22,000	Mullen Group Ltd.		353,018
	93,837	Nevsun Resources Ltd.		324,187
	6,729	New Flyer Industries, Inc.		72,654
	36,800	New Gold, Inc.(d)		161,310
	20,348	Newalta Corp.		212,175
	4,800	Norbord, Inc.		106,826
	498	North American Energy Partners, Inc.		1,481
	14,146	North West Co. Inc., (The)		295,678
	226,900	Northern Property Real Estate Investment Trust(c)		4,401,578
	767	Northland Power, Inc.		10,322
	17,600	NuVista Energy Ltd.(d)		98,894
	25,200	Open Text Corp.		1,429,064
	9,240	Osisko Gold Royalties Ltd.		124,271
	1,900	Ovivo, Inc.(d)		3,110
	19,616	Painted Pony Petroleum Ltd.(d)		106,053
	11,236	Pan American Silver Corp.		131,574
	1,800	Paramount Resources Ltd. - Class A(d)		40,386
	68,524	Parex Resources, Inc.(d)		371,012
	24,088	Parkland Fuel Corp.		414,957
	203,489	Pason Systems, Inc.		2,868,095
	311,308	Pengrowth Energy Corp.		832,964
	14,700	Peyto Exploration & Development Corp.		371,347
	2,107	PHX Energy Services Corp.		10,330
	2,100	Points International Ltd.(d)		22,806
	144,353	Precision Drilling Corp.(f)		737,272
	7,336	Premium Brands Holdings Corp.		141,386
	35,209	Primero Mining Corp.(d)		141,313
	816	Progressive Waste Solutions Ltd.		23,272

Shares			Value
CANADA (continued)
	37,060	Progressive Waste Solutions Ltd. - Placement Shares	$	1,057,524
	9,335	Pulse Seismic, Inc.		22,333
	5,060	QLT, Inc.(d)		21,941
	27,400	Quebecor, Inc. - Class B		686,779
	33,885	Questerre Energy Corp. - Class A(d)		7,867
	10,943	RB Energy, Inc.(c)(d)		646
	4,400	Richelieu Hardware Ltd.		205,128
	10,567	Richmont Mines, Inc.(d)		37,338
	400,000	Ritchie Bros Auctioneers, Inc.		9,999,999
	206,800	Ritchie Bros. Auctioneers, Inc.(c)		5,183,426
	70,832	RMP Energy, Inc.(d)		241,365
	14,331	Rock Energy, Inc.(d)		26,503
	4,630	Rocky Mountain Dealerships, Inc.		30,242
	16,612	Rogers Sugar, Inc.		59,744
	41,707	RONA, Inc.		419,794
	13,600	Russel Metals, Inc.		250,659
	2,000	Sandstorm Gold Ltd.(d)		8,059
	131,200	Sandvine Corp.(d)		334,531
	12,300	Savanna Energy Services Corp.		21,779
	10,700	Secure Energy Services, Inc.		124,203
	12,200	SEMAFO, Inc.(d)		42,724
	14,000	ShawCor Ltd.		384,512
	27,800	Sherritt International Corp.		46,818
	15,000	Sierra Wireless, Inc.(d)		542,536
	600	Silver Standard Resources, Inc.(d)		3,697
	19,231	Sprott, Inc.		42,376
	7,730	Spyglass Resources Corp.		1,703
	1,300	Stantec, Inc.		31,971
	7,060	Stella-Jones, Inc.		201,571
	500	Strad Energy Services Ltd.		1,283
	22,548	Student Transportation, Inc.		125,277
	20,826	SunOpta, Inc.(d)		218,307
	13,600	Superior Plus Corp.		130,574
	37,913	Surge Energy, Inc.		76,679
	41,700	Taseko Mines Ltd.(d)		29,863
	25,366	Tembec, Inc.(d)		56,293
	175,990	Teranga Gold Corp.(d)		87,254
	42,529	Teranga Gold Corp. - CDI(d)		19,534
	40,069	Timmins Gold Corp.(d)		43,831
	6,457	TMX Group Ltd.		239,184
	17,374	TORC Oil & Gas Ltd.		112,800
	23,345	Toromont Industries Ltd.		507,428
	19,100	Torstar Corp. - Class B		103,113
	22,950	Total Energy Services, Inc.		235,695
	97,364	TransAlta Corp.		852,040
	27,990	Transcontinental, Inc. - Class A		333,272
	6,300	TransForce, Inc.		142,986
	46,000	TransGlobe Energy Corp.		133,942
	28,200	Trican Well Service Ltd.		108,743
	10,800	Trilogy Energy Corp.		55,245
	88,909	Trinidad Drilling Ltd.		298,766

Shares			Value
CANADA (continued)
	57,300	Turquoise Hill Resources Ltd.(d)	$	166,394
	217,124	Twin Butte Energy Ltd.		123,026
	6,856	Uni-Select, Inc.		169,957
	103	Valener, Inc.		1,372
	32,400	Veresen, Inc.		412,299
	504	Wajax Corp.		9,618
	11,900	West Fraser Timber Co. Ltd.		683,452
	35,897	Western Energy Services Corp.		148,311
	31,338	Western Forest Products, Inc.		63,628
	6,800	Westjet Airlines Ltd.		163,324
	1,400	Westshore Terminals Investment Corp.		35,256
	7,900	Whistler Blackcomb Holdings, Inc.		124,217
	85,199	Whitecap Resources, Inc.		832,076
	69,700	Wi-Lan, Inc.		187,044
	4,348	Winpak Ltd.		129,342
	5,216	WSP Global, Inc.		141,083
	416	Xtreme Drilling & Coil Services Corp.(d)		540
	252,826	Yamana Gold, Inc.		1,046,561
	9,200	Yangarra Resources Ltd.(d)		7,240
	6,418	Zargon Oil & Gas Ltd.		19,900
				92,983,935
CAYMAN ISLANDS — 0.0%
	58,000	Endeavour Mining Corp.(d)		27,386
CHILE — 0.0%
	75,606	AES Gener SA		39,379
	302,903	Aguas Andinas SA - Class A		174,500
	109,821	Banmedica SA		190,667
	17,394	CAP SA		42,553
	18,733	Cia Sud Americana de Vapores SA(d)		631
	39,123,527	CorpBanca SA		432,250
	45,839	E.CL SA		71,264
	10,895	ENTEL Chile SA		103,176
	11,402	Forus SA		41,395
	12,790	Gasco SA		108,789
	312,074	Inversiones Aguas Metropolitanas SA		483,197
	3,187	Latam Airlines Group SA - BDR(d)		32,912
	54,038	Multiexport Foods SA(d)		10,832
	33,652	Parque Arauco SA		59,753
	22,204	PAZ Corp. SA		12,248
	2,318	Salfacorp SA		1,544
	155,626	Sigdo Koppers SA		210,013
	1,023	Sociedad Matriz SAAM SA		73
	59,147	Sonda SA		143,204
	109,535	Vina Concha y Toro SA		199,679
				2,358,059
CHINA — 1.1%
	81,000	361 Degrees International Ltd.		23,196

Shares			Value
CHINA (continued)
	1,811,000	AAC Technologies Holdings, Inc.	$	11,610,322
	245,250	Agile Property Holdings Ltd.		149,637
	376,000	Air China Ltd. - H Shares		360,853
	866,000	Aluminum Corp. of China Ltd. - H Shares(d)		397,683
	182,000	Angang Steel Co. Ltd. - H Shares		135,697
	2,000	Anhui Expressway Co. Ltd. - H Shares		1,455
	104,000	ANTA Sports Products Ltd.		183,253
	408,000	Anton Oilfield Services Group		79,471
	496,500	Asia Cement China Holdings Corp.		253,620
	96,000	Aupu Group Holding Co. Ltd.		18,947
	140,000	AVIC International Holdings Ltd.(d)		98,422
	444,000	AviChina Industry & Technology Co. - H Shares		288,085
	170,500	Baoxin Auto Group Ltd.		98,091
	104,000	Baoye Group Co. Ltd. - H Shares		60,369
	314,000	BBMG Corp. - H Shares		275,428
	924,000	Beijing Capital International Airport Co. Ltd. - H Shares		878,433
	642,000	Beijing Capital Land Ltd. - H Shares		294,818
	82,000	Beijing Jingneng Clean Energy Co. Ltd. - H Shares(b)(c)		32,790
	184,000	Beijing North Star Co. Ltd. - H Shares		58,150
	33,000	Biostime International Holdings Ltd.		89,819
	47,000	Boer Power Holdings Ltd.		51,412
	494,000	BYD Electronic International Co. Ltd.		518,068
	427,656	Central China Real Estate Ltd.		105,917
	32,000	Changshouhua Food Co. Ltd.		21,877
	249,000	Chaowei Power Holdings Ltd.		105,352
	70,000	China Animal Healthcare Ltd.		47,225
	781,000	China Aoyuan Property Group Ltd.		125,930
	182,000	China Automation Group Ltd.(d)		21,129
	510,857	China BlueChemical Ltd. - H Shares		177,923
	305,000	China Child Care Corp. Ltd.		48,392
	833,000	China Coal Energy Co. Ltd. - H Shares		458,820
	114,000	China Communications Services Corp. Ltd. - H Shares		51,469
	262,500	China COSCO Holdings Co. Ltd. - H Shares(d)		130,365
	121,000	China Datang Corp. Renewable Power Co. Ltd. - H Shares		17,325
	65,000	China Dredging Environment Protection Holdings Ltd.(d)		11,571

Shares			Value
CHINA (continued)
	186,000	China Eastern Airlines Corp. Ltd. - H Shares(d)	$	94,292
	437,500	China Galaxy Securities Co. Ltd. - H Shares		467,281
	18,196	China Gold International Resources Corp. Ltd.(d)		31,074
	23,308	China Great Star International Ltd.(d)		62,341
	148,500	China Hongqiao Group Ltd.		94,054
	151,500	China Huiyuan Juice Group Ltd.(d)		49,443
	30,700	China International Marine Containers Group Co. Ltd. - H Shares		59,085
	78,000	China ITS Holdings Co. Ltd.		9,357
	631,000	China Lesso Group Holdings. Ltd.		309,302
	66,000	China Lilang Ltd.		41,546
	211,000	China Machinery Engineering Corp. - H Shares		179,637
	135,000	China Medical System Holdings Ltd.		233,002
	66,000	China Mengniu Dairy Co. Ltd.		300,956
	405,000	China Modern Dairy Holdings Ltd.(d)		131,129
	138,000	China Molybdenum Co. Ltd. - H Shares		87,226
	342,084	China National Building Material Co. Ltd. - H Shares		330,510
	773,000	China National Materials Co. Ltd. - H Shares		204,410
	1,344,000	China Railway Construction Corp. Ltd. - H Shares		1,544,708
	1,150,000	China Railway Group Ltd. - H Shares		844,072
	216,000	China Rare Earth Holdings Ltd.(d)		35,943
	184,000	China Sanjiang Fine Chemicals Co. Ltd.		54,353
	648,400	China SCE Property Holdings Ltd.(d)		124,623
	309,488	China Shanshui Cement Group Ltd.		136,134
	49,000	China Shineway Pharmaceutical Group Ltd.		76,860
	961,093	China Shipping Container Lines Co. Ltd. - H Shares(d)		302,500
	600,000	China Shipping Development Co. Ltd., H Shares(d)		428,776
	358,000	China Southern Airlines Co. Ltd. - H Shares		193,032
	153,000	China Suntien Green Energy Corp. Ltd. - H Shares		34,341
	164,000	China Taifeng Beddings Holdings Ltd.(d)		20,520
	272,000	China Tontine Wines Group Ltd.(d)		9,649

Shares			Value
CHINA (continued)
	78,000	China Yurun Food Group Ltd.(d)	$	30,084
	215,500	China Zhengtong Auto Services Holdings Ltd.		108,135
	330,000	China Zhongwang Holdings Ltd.		145,157
	246,000	Chinasoft International Ltd.(d)		78,379
	30,000	Chongqing Iron & Steel Co. Ltd. - H Shares(d)		6,037
	270,000	Chongqing Machinery & Electric Co. Ltd. - H Shares		41,794
	303,000	Chongqing Rural Commercial Bank Co. Ltd. - H Shares		186,045
	169,000	Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd.(d)		42,510
	158,000	Comtec Solar Systems Group Ltd.(d)		19,973
	584,000	Coolpad Group Ltd.		118,272
	137,443	Country Garden Holdings Co. Ltd.		54,961
	4,581,000	CPMC Holdings Ltd.(c)		2,446,415
	200,000	CSPC Pharmaceutical Group Ltd.		168,982
	104,000	Da Ming International Holdings, Ltd.		29,916
	408,000	Dalian Port PDA Co. Ltd. - H Shares		139,995
	358,000	Daphne International Holdings Ltd.		114,064
	24,000	Datang International Power Generation Co. Ltd. - H Shares		13,065
	37,200	Dongfang Electric Corp. Ltd. - H Shares		81,672
	576,000	Dongyue Group Ltd.		202,097
	130,000	ENN Energy Holdings Ltd.		770,546
	665,000	Evergrande Real Estate Group Ltd.		277,073
	843,000	Fantasia Holdings Group Co. Ltd.		85,906
	616,000	FIH Mobile Ltd.(d)		274,933
	510,000	Fosun International Ltd.		715,762
	583,600	Fufeng Group Ltd.		295,101
	2,830,000	Geely Automobile Holdings Ltd.		1,164,519
	148,000	Golden Eagle Retail Group Ltd.		176,593
	1,120,600	GOME Electrical Appliances Holdings Ltd.		154,669
	144,000	Goodbaby International Holdings Ltd.		45,695
	226,000	Greatview Aseptic Packaging Co. Ltd.		103,492
	111,000	Greenland Hong Kong Holdings Ltd.		43,385
	325,500	Greentown China Holdings Ltd.		284,676
	612,000	Guangshen Railway Co. Ltd. - H Shares		317,356

Shares			Value
CHINA (continued)
	407,753	Guangzhou Automobile Group Co. Ltd. - H Shares	$	371,340
	60,000	Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd. - H Shares		213,614
	122,400	Guangzhou R&F Properties Co. Ltd. - H Shares		139,100
	136,000	Guodian Technology & Environment Group Co. Ltd. - H Shares		17,017
	32,000	Hainan Meilan International Airport Co. Ltd. - H Shares		25,964
	2,287,000	Haitian International Holdings Ltd.		4,442,839
	150,000	Harbin Electric Co. Ltd. - H Shares		107,774
	5,458,000	Hilong Holding Ltd.		1,696,758
	38,000	Hisense Kelon Electrical Holdings Co. Ltd. - H Shares(d)		30,979
	342,000	Honghua Group Ltd.		41,910
	82,000	HOSA International Ltd.		33,636
	138,000	Huadian Power International Corp. Ltd. - H Shares		126,032
	1,622,000	Huaneng Renewables Corp. Ltd. - H Shares		583,747
	390,000	Hunan Non-Ferrous Metal Corp. Ltd. - H Shares(d)		202,237
	46,500	Intime Retail Group Co. Ltd.		28,671
	30,000	Jiangsu Expressway Co. Ltd. - H Shares		37,266
	424,000	Jiangxi Copper Co. Ltd. - H Shares		692,419
	92,000	Jingwei Textile Machinery - H Shares		112,859
	1,235,000	Kaisa Group Holdings Ltd.(b)(c)		254,892
	376,000	Kingdee International Software Group Co. Ltd.(d)		122,224
	465,000	KWG Property Holding Ltd.		298,112
	64,000	Leoch International Technology Ltd.(d)		8,999
	76,000	Li Heng Chemical Fibre Technologies Ltd.(d)		6,573
	91,000	Lianhua Supermarket Holdings Co. Ltd. - H Shares(d)		44,137
	128,000	Lifetech Scientific Corp.(d)		24,767
	6,000	Livzon Pharmaceutical Group, Inc.		33,513
	528,500	Longfor Properties Co. Ltd.		695,368
	166,000	Lonking Holdings Ltd.		31,477
	910,000	Maanshan Iron & Steel Co. Ltd. - H Shares(d)		247,681
	594,000	Maoye International Holdings Ltd.		89,648
	1,478,000	Metallurgical Corp. of China Ltd. - H Shares		457,567
	4,254,000	Microport Scientific Corp.(c)(d)		1,843,768

Shares			Value
CHINA (continued)
	138,000	Minth Group Ltd.	$	288,379
	68,000	Nature Home Holding Co. Ltd.		10,964
	80,000	NVC Lighting Holdings Ltd.(b)(c)		13,699
	132,000	O-Net Communications Group Ltd.(d)		27,925
	49,800	Pacific Online Ltd.		18,372
	602,000	Parkson Retail Group Ltd.		144,437
	176,000	Peak Sport Products Co. Ltd.		48,130
	197,000	Powerlong Real Estate Holdings Ltd.(d)		26,937
	302,000	Qingling Motors Co. Ltd. - H Shares		101,286
	261,000	Qunxing Paper Holdings Co. Ltd.(b)(c)(d)		12,726
	67,000	Real Gold Mining Ltd.(b)(c)(d)		2,273
	4,122,145	Renhe Commercial Holdings Co. Ltd.(d)		186,106
	214,000	Sany Heavy Equipment International Holdings Co. Ltd.(d)		46,100
	34,500	Sateri Holdings Ltd.		4,139
	10,766,806	Semiconductor Manufacturing International Corp.(d)		944,420
	70,000	Shandong Chenming Paper Holdings Ltd. - H Shares		34,583
	220,000	Shandong Weigao Group Medical Polymer Co. Ltd. - H Shares		172,826
	46,000	Shanghai Electric Group Co. Ltd. - H Shares		28,245
	325,235	Shanghai Jin Jiang International Hotels Group Co. Ltd. - H Shares		108,240
	123,700	Shanghai Pharmaceuticals Holding Co. Ltd. - H Shares		268,070
	256,000	Shenguan Holdings Group Ltd.		71,329
	32,000	Shenzhen Expressway Co. Ltd. - H Shares		24,849
	66,000	Shenzhou International Group Holdings Ltd.		240,084
	837,881	Shui On Land Ltd.		189,143
	208,000	Shunfeng International Clean Energy Ltd.(d)		160,716
	102,000	Sichuan Expressway Co. Ltd. - H Shares		43,025
	212,000	Sihuan Pharmaceutical Holdings Group Ltd.		137,007
	95,000	Sino Grandness Food Industry Group Ltd.(d)		35,463
	152,000	SinoMedia Holding Ltd.		73,919
	1,833,062	Sino-Ocean Land Holdings Ltd.		1,175,176
	224,000	Sinopec Shanghai Petrochemical Co. Ltd. - H Shares		65,013
	780,000	Sinotrans Ltd. - H Shares		553,384
	334,000	Sinotruk Hong Kong Ltd.		183,538
	1,036,500	SOHO China Ltd.		720,655

Shares			Value
CHINA (continued)
	64,000	Springland International Holdings Ltd.	$	19,731
	728,000	Sunac China Holdings Ltd.		651,719
	60,000	Sunny Optical Technology Group Co. Ltd.		91,792
	76,000	TCL Communication Technology Holdings Ltd.		67,252
	36,000	Tian Shan Development Holdings Ltd.		15,371
	912,000	Tiangong International Co. Ltd.		159,994
	420,000	Tianneng Power International Ltd.		102,937
	1,913,000	Tong Ren Tang Technologies Co. Ltd. - H Shares		2,393,625
	22,800	Tonly Electronics Holdings Ltd.		16,176
	1,483,500	Travelsky Technology Ltd. - H Shares		1,569,173
	210,000	Trigiant Group Ltd.		43,884
	201,000	Trony Solar Holdings Co. Ltd.(b)(c)(d)		3,059
	36,400	Uni-President China Holdings Ltd.		31,459
	31,000	Weichai Power Co. Ltd. - H Shares		123,163
	177,000	Weiqiao Textile Co. - H Shares		97,036
	686,000	West China Cement Ltd.		76,986
	134,000	Wisdom Holdings Group		81,240
	43,000	Wumart Stores, Inc. - H Shares		30,452
	346,000	Wuzhou International Holdings Ltd.		60,253
	626,000	Xiamen International Port Co. Ltd. - H Shares		159,885
	4,175,000	Xingda International Holdings Ltd.(c)		1,308,676
	62,200	Xinjiang Goldwind Science & Technology Co. Ltd. - H Shares		99,651
	373,000	Xinjiang Xinxin Mining Industry Co. Ltd. - H Shares(d)		68,804
	283,000	Xiwang Special Steel Co. Ltd.		40,156
	149,000	XTEP International Holdings Ltd.		52,279
	304,000	Yanzhou Coal Mining Co. Ltd. - H Shares		242,344
	45,000	Youyuan International Holdings Ltd.		9,055
	650,000	Yuanda China Holdings Ltd.		37,731
	531,760	Yuzhou Properties Co. Ltd.		126,899
	129,000	Zall Development Group Ltd.(d)		44,263
	120,500	Zhaojin Mining Industry Co. Ltd. - H Shares		72,589
	96,000	Zhejiang Expressway Co. Ltd. - H Shares		122,472
	40,000	Zhejiang Glass Co. Ltd. - H Shares(b)(c)(d)		0

Shares			Value
CHINA (continued)
	14,200	Zhengzhou Coal Mining Machinery Group Co. Ltd. - H Shares	$	8,499
	223,000	Zhong An Real Estate Ltd.		29,629
	367,500	Zhongsheng Group Holdings Ltd.		320,460
	11,000	Zhuzhou CSR Times Electric Co. Ltd. - H Shares		61,582
	928,000	Zijin Mining Group Co., Ltd.		281,310
	30,400	ZTE Corp. - H Shares		66,743
				60,521,104
COLUMBIA — 0.0%
	257,405	Pacific Rubiales Energy Corp.		597,580
CYPRUS — 0.0%
	60,870	ProSafe SE		163,089
	97,468	Songa Offshore(d)		19,428
				182,517
DENMARK — 0.6%
	742	ALK-Abello A/S		84,625
	32,552	Alm Brand A/S(d)		169,067
	8,231	Amagerbanken A/S(b)(c)(d)		0
	762	Ambu A/S - B Shares		16,201
	4,586	Auriga Industries A/S - Class B(d)		217,292
	5,706	Bang & Olufsen A/S(d)		39,601
	6,285	Bavarian Nordic A/S(d)		194,233
	1,079	Brodrene Hartmann A/S		28,758
	414,804	Chr. Hansen Holding A/S		17,266,570
	5,133	D/S Norden A/S		106,638
	2,435	DFDS A/S		235,185
	23,297	DSV A/S		735,190
	67	East Asiatic Co. Ltd. A/S		529
	4,750	FLSmidth & Co. A/S		201,402
	81,337	GN Store Nord A/S		1,828,117
	8,562	H. Lundbeck A/S		174,755
	249	IC Group A/S		5,351
	34,273	Jyske Bank A/S(d)		1,555,723
	12,405	NKT Holding A/S		638,443
	6,068	Pandora A/S		435,597
	1,113	PER Aarsleff A/S - Class B		251,339
	1,525	Ringkjoebing Landbobank A/S		287,174
	1,021	Rockwool International A/S - Class B		109,622
	1,853	Royal Unibrew A/S(d)		316,579
	9,377	Schouw & Co.		435,752
	8,811	SimCorp A/S		256,241
	1,324	Solar A/S - Class B		58,712
	21,891	Spar Nord Bank A/S		197,805
	28,395	Sydbank A/S(d)		802,064
	16,806	Topdanmark AS(d)		563,531
	3,605	Tryg A/S		423,193
	94,052	Vestas Wind Systems A/S(d)		3,692,179

Shares			Value
DENMARK (continued)
	1,952	William Demant Holding A/S(d)	$	148,189
				31,475,657
FAEROE ISLANDS — 0.0%
	7,482	Bakkafrost		155,917
FINLAND — 0.3%
	4,290	Ahlstrom Oyj		38,781
	872	Aktia Bank Oyj		9,854
	10,210	Amer Sports Oyj		194,749
	4,574	Cargotec Oyj - Class B		146,685
	70,324	Caverion Corp.		657,976
	58,308	Citycon Oyj		198,058
	2,317	Comptel Oyj		2,409
	4,120	Cramo Oyj		63,595
	1,089	Elektrobit Oyj		5,045
	29,832	Elisa Oyj		794,545
	7,435	Finnair Oyj(d)		27,641
	3,396	Finnlines Oyj(d)		61,399
	7,981	Fiskars Oyj Abp		167,022
	8,344	F-Secure Oyj		21,592
	2,410	HKScan Oyj - A Shares		10,512
	21,678	Huhtamaki Oyj		595,008
	17,769	Kemira Oyj		203,600
	14,135	Kesko OYJ - B Shares		517,029
	2,280	Kesko Oyj - Class A		79,688
	15,462	Konecranes Oyj		471,918
	4,576	Lassila & Tikanoja OYJ		91,731
	74	Lemminkainen Oyj(d)		921
	75,818	Metsa Board Oyj		454,072
	27,237	Metso Oyj		828,535
	70,814	Neste Oil Oyj		1,960,476
	45,622	Nokian Renkaat Oyj		1,128,487
	2,393	Olvi Oyj - Class A		65,114
	22,895	Oriola-KD Oyj - Class B(d)		93,395
	8,412	Orion Oyj - Class A		276,896
	21,898	Orion Oyj - Class B		722,790
	46,126	Outokumpu Oyj(d)		250,290
	20,286	Outotec Oyj		117,481
	9,969	PKC Group Oyj		217,413
	1,919	Poyry Oyj(d)		6,306
	38,176	Raisio Oyj - V Shares		183,339
	26,439	Ramirent Oyj		218,393
	440	Saga Furs Oyj		11,510
	38,271	Sanoma Oyj		241,097
	8,071	Stockmann Oyj Abp - Class B		56,044
	293,089	Stora Enso Oyj - Class R		2,851,537
	163,338	Talvivaara Mining Co. Plc(b)(c)(d)		5,593
	1,984	Technopolis Oyj		9,012
	15,464	Tieto Oyj		380,414
	10,618	Tikkurila Oyj		191,973
	30,348	UPM-Kymmene Oyj		534,629
	15,354	Uponor Oyj		234,224
	3,684	Vaisala Oyj - Class A		94,165
	14,981	Valmet Oyj		192,984

Shares			Value
FINLAND (continued)
	14,052	Wartsila Oyj Abp	$	653,090
	25,056	YIT Oyj		146,237
				16,485,254
FRANCE — 1.6%
	20,901	Air France-KLM(d)		185,331
	1,640	Akka Technologies SA		59,487
	8,161	Albioma SA		151,977
	5,734	Alten SA		240,709
	37,226	Altran Technologies SA		330,506
	4,393	APRIL SA		54,605
	34,306	Arkema SA		2,461,615
	3,122	Assystem		61,032
	13,817	AtoS		1,023,909
	4,971	Beneteau SA(d)		72,743
	3,331	BioMerieux		363,716
	91,802	Boiron SA(c)		9,398,460
	202,783	Bollore SA		875,100
	1,200	Bollore SA(d)		5,017
	8,998	Bonduelle SCA		203,354
	2,288	Bongrain SA		139,691
	113	Burelle SA		84,275
	2,402	Cegedim SA(d)		87,127
	2,386	Cegid Group		85,954
	43,726	CGG SA(d)		245,470
	622	Cie des Alpes(d)		11,126
	10,437	Club Mediterranee SA(d)		290,008
	34,208	Derichebourg SA		133,668
	126	Devoteam SA		2,420
	2,553	Edenred		73,622
	24,093	Eiffage SA		1,176,935
	490	Electricite de Strasbourg SA		61,017
	1,526	Eramet(d)		122,999
	29,947	Etablissements Maurel et Prom(d)		242,497
	34,725	Euler Hermes Group		3,412,229
	45,138	Eutelsat Communications SA		1,552,868
	1,226	Exel Industries SA - Class A		63,727
	1,633	Faiveley Transport SA		99,258
	3,467	Faurecia		140,332
	1,000	Fimalac		78,828
	11,234	GameLoft SA(d)		37,448
	202,261	Gaztransport Et Technigaz SA(c)		11,445,976
	1,636	GL Events		30,522
	1,072	Groupe Crit		47,243
	84,806	Groupe Eurotunnel SE		1,140,860
	1,572	Guerbet		58,442
	5,989	Haulotte Group SA		89,805
	4,606	Hi-Media SA(d)		11,971
	1,746	ICADE REIT		152,629
	12,036	Imerys SA		871,799
	47,475	Ingenico		4,971,957
	1,815	Interparfums SA		53,735
	7,311	Ipsen SA		372,589
	7,179	IPSOS		187,271

Shares			Value
FRANCE (continued)
	3,503	Jacquet Metal Service	$	61,157
	7,531	JCDecaux SA		272,191
	25,353	Klepierre REIT		1,197,804
	238,980	Korian-Medica(c)		9,043,844
	18,878	Lagardere SCA		517,942
	936	Laurent-Perrier		73,931
	896	Linedata Services		23,003
	245,816	LISI(c)		6,110,956
	438	Maisons France Confort SA		15,145
	1,101	Manitou BF SA(d)		16,136
	4,401	Mersen		103,938
	6,667	Metropole Television SA		122,046
	3,349	MGI Coutier		51,013
	881	Montupet		70,254
	1,975	Mr Bricolage		31,713
	1,247	Naturex		65,340
	10,023	Neopost SA		520,993
	7,782	Nexans SA(d)		246,265
	9,400	Nexity SA		371,025
	1,227	Norbert Dentressangle SA		181,285
	3,092	Onxeo(d)		21,600
	4,524	Orpea		294,917
	294	Parrot SA(d)		6,325
	1,273	Pierre & Vacances SA(d)		36,552
	11,853	Plastic Omnium SA		342,949
	431	PSB Industries SA		19,676
	13,397	Rallye SA		504,113
	10,197	Rexel SA		191,274
	175,404	Rubis SCA(c)		10,185,784
	8,556	Saft Groupe SA		274,384
	1,023	Sartorius Stedim Biotech		199,465
	6,172	Schneider Electric SA(d)		467,280
	64,208	SCOR SE		2,007,226
	6,771	SEB SA		464,198
	2,032	Societe BIC SA		289,315
	12,196	Societe d’Edition de Canal +		82,275
	437	Societe Internationale de Plantations d’Heveas SA		16,014
	9,258	Societe Television Francaise 1		146,879
	40,139	SOITEC(d)		40,368
	602	Somfy SA		153,058
	3,267	Sopra Steria Group		255,096
	2,498	Ste Industrielle d’Aviation Latecoere SA(d)		31,953
	1,615	Stef SA		93,071
	28,979	Suez Environnement Co.		533,925
	1,654	Sword Group		36,502
	2,903	Synergie SA		63,705
	48,862	Technicolor SA(d)		293,185
	32,705	Technip SA		1,927,280
	17,738	Teleperformance SA		1,274,588
	155	Tessi SA		15,728
	16,096	Theolia SA(d)		10,004
	82	Thermador Groupe		6,583
	2,556	Trigano SA		76,221
	56,063	UBISOFT Entertainment(d)		1,133,347

Shares			Value
FRANCE (continued)
	10,645	Valeo SA	$	1,511,418
	61,175	Vallourec SA		1,338,998
	1,621	Valneva SE(d)		7,455
	602	Vetoquinol SA		23,789
	1,601	Vicat		112,744
	3,159	Vilmorin & Cie SA		278,433
	596	Virbac SA		132,810
	449	Vranken - Pommery Monopole SA		12,177
	6,029	Zodiac Aerospace		200,771
				87,273,275
GABON — 0.0%
	84	Total Gabon		28,655
GEORGIA — 0.0%
	4,384	Bank of Georgia Holdings Plc		134,111
GERMANY — 2.1%
	13,680	Aareal Bank AG		519,941
	2,898	Adler Modemaerkte AG		42,440
	20,697	ADVA Optical Networking SE(d)		68,525
	10,093	Air Berlin Plc(d)		12,431
	2,766	Aixtron SE(d)		21,963
	2,408	Allgeier SE		41,550
	2,742	Alstria Office REIT AG		35,152
	752	Amadeus Fire AG		56,084
	12,510	Aurubis AG		681,522
	6,104	Axel Springer SE		376,396
	2,171	Bauer AG(d)		39,791
	8,172	BayWa AG		321,908
	6,276	Bechtle AG		532,314
	284	Bertrandt AG		37,419
	685	Bijou Brigitte AG		41,272
	15,838	Bilfinger SE		830,772
	835	Biotest AG		92,939
	35,060	Borussia Dortmund GmbH & Co. KGaA		157,955
	23,614	Brenntag AG		1,289,356
	1,599	CANCOM SE		68,769
	8,816	Carl Zeiss Meditec AG		232,663
	34,731	Celesio AG		1,030,203
	2,761	CENIT AG		37,439
	4,110	CENTROTEC Sustainable AG		61,537
	3,390	Cewe Stiftung & Co. KGaA		198,889
	13,929	Comdirect Bank AG		137,801
	2,747	CompuGroup Medical AG		71,115
	5,206	Constantin Medien AG(d)		7,371
	13,998	CTS Eventim AG & Co KGaA		401,769
	1,268	Deutsche Beteiligungs AG		39,403
	42,926	Deutsche Lufthansa AG		730,260
	25,269	Deutsche Wohnen AG		657,880
	37,884	Deutz AG		175,130
	20,474	Dialog Semiconductor Plc(d)		788,690
	20,970	DMG MORI SEIKI AG		687,184
	2,601	Dr Hoenle AG		52,933

Shares			Value
GERMANY (continued)
	795	Draegerwerk AG & Co. KGaA	$	63,783
	7,743	Drillisch AG		301,859
	63,337	Duerr AG		5,809,804
	6,212	Elmos Semiconductor AG		122,736
	224,972	ElringKlinger AG(c)		7,862,936
	1,594	Euromicron AG(d)		20,417
	101,735	Fielmann AG		6,933,237
	1,910	First Sensor AG(d)		20,569
	8,164	Fraport AG Frankfurt Airport Services Worldwide		500,194
	69,446	Freenet AG		2,076,412
	11,159	Fuchs Petrolub SE		423,872
	53,375	GEA Group AG		2,427,315
	6,600	Gerresheimer AG		360,928
	869	Gerry Weber International AG		33,637
	2,345	Gesco AG		184,031
	8,424	GFK SE		335,643
	5,545	GFT Technologies AG		85,591
	6,523	Grammer AG		260,784
	1,925	Grenkeleasing AG		206,387
	1,466	Hamborner AG REIT		15,194
	3,768	Hamburger Hafen und Logistik AG		77,641
	4,324	Hannover Rueck SE		388,152
	1,410	Hawesko Holding AG		63,652
	118,849	Heidelberger Druckmaschinen AG(d)		279,744
	11,311	Hochtief AG		789,122
	4,021	Homag Group AG		156,985
	125	Hornbach Baumarkt AG		4,561
	12,049	Indus Holding AG		528,900
	502	Init Innovation In Traffic Systems AG		12,673
	1,494	Isra Vision AG		92,024
	5,608	Jenoptik AG		75,379
	9,078	K+S AG		287,227
	19,662	Kloeckner & Co. SE(d)		203,694
	531	Koenig & Bauer AG(d)		7,011
	4,511	Kontron AG(d)		26,710
	7,617	Krones AG		723,777
	210	KSB AG(c)		107,022
	5,395	KUKA AG		365,901
	727	KWS Saat AG		223,367
	52,769	Lanxess AG		2,537,200
	798	Leifheit AG		43,734
	6,072	Leoni AG		378,402
	4,388	LPKF Laser & Electronics AG		48,647
	1,101	Manz AG(d)		79,761
	10,130	MLP AG		40,293
	179,043	MTU Aero Engines AG		16,414,028
	3,826	MVV Energie AG(c)		105,922
	1,551	Nemetschek AG		154,984
	2,244	Nexus AG		32,520
	204,078	NORMA Group SE(c)		10,158,240
	1,021	OHB AG		24,459
	21,082	OSRAM Licht AG(d)		973,866

Shares				Value
GERMANY (continued)
	15,513	Patrizia Immobilien AG(d)	$	272,498
	1,334	Pfeiffer Vacuum Technology AG		120,096
	17,767	PNE Wind AG		44,269
	686	Progress-Werk Oberkirch AG		29,999
	678	Puma SE		129,324
	69,049	QSC AG		137,714
	870	R Stahl AG		41,791
	14,993	Rational AG(c)		4,946,219
	16,325	Rheinmetall AG		710,400
	15,291	Rhoen Klinikum AG		405,705
	16,332	SAF-Holland SA		241,946
	819	Schaltbau Holding AG		42,298
	6,126	SGL Carbon SE(d)		97,709
	203	SHW AG		10,059
	7,152	Sixt SE		277,688
	16,990	Software AG		451,167
	35,155	Stada Arzneimittel AG		1,094,224
	11,191	Stroeer Media SE		326,893
	12,131	Suedzucker AG		152,501
	4,961	Suss Microtec AG(d)		26,180
	358,440	Symrise AG		23,540,649
	13,715	TAG Immobilien AG		178,458
	5,940	Takkt AG		101,354
	30,877	Talanx AG		942,402
	3,573	Tom Tailor Holding AG(d)		43,968
	4,964	Tomorrow Focus AG		21,007
	72,881	TUI AG		1,288,034
	71,546	TUI AG(d)		1,237,119
	34,543	United Internet AG		1,494,199
	1,861	Vossloh AG		119,509
	6,164	VTG AG		148,221
	9,072	Wacker Chemie AG		973,875
	17,355	Wacker Neuson SE		352,018
	62	Washtec AG		1,051
	837	Wincor Nixdorf AG		38,471
	166	XING AG		20,315
				114,089,023
GIBRALTAR — 0.0%
	23,380	888 Holdings Plc		49,741
	1,264	Bwin.Party Digital Entertainment Plc		2,031
				51,772
GREECE — 0.0%
	1,466	Aegean Airlines SA		11,364
	96	Alapis Holding Industrial and Commercial SA of Pharmaceutical Chemical Products(b)(c)(d)		0
	2,153	Athens Water Supply & Sewage Co. SA (The)		14,062
	32,394	Ellaktor SA(d)		62,229
	1,721	FF Group		51,516
	10,168	Frigoglass SAIC(d)		18,728

Shares			Value
GREECE (continued)
	14,537	GEK Terna Holding Real Estate Construction SA(d)	$	28,747
	5,827	Hellenic Exchanges - Athens Stock Exchange SA Holding		31,276
	51,849	Intralot SA-Integrated Lottery Systems & Services(d)		76,752
	7,101	JUMBO SA		67,643
	1,715	Lamda Development SA(d)		5,484
	132,453	Marfin Investment Group Holdings SA(d)		23,648
	3,653	Metka SA		37,192
	3,640	Motor Oil (Hellas) Corinth Refineries SA		24,679
	26,955	Mytilineos Holdings SA(d)		153,209
	3,190	OPAP SA		27,035
	22,848	Proton Bank SA(b)(c)(d)		0
	6,085	Public Power Corp. SA(d)		33,005
	3,988	Sarantis SA		31,770
	12,534	T Bank SA(b)(c)(d)		0
	6,226	Terna Energy SA		14,915
	647	Thessaloniki Port Authority SA		12,794
	31,091	TT Hellenic Postbank SA(b)(c)(d)		0
				726,048
GUERNSEY — 0.1%
	825,262	Friends Life Group Ltd.		4,952,170
	18,201	Raven Russia Ltd.(d)		10,212
	59,000	Tethys Petroleum Ltd.(d)		8,125
				4,970,507
HONG KONG — 1.0%
	4,000	Ajisen China Holdings Ltd.		2,322
	26,000	Allied Group Ltd.		111,180
	1,415,693	Allied Properties HK Ltd.(c)		281,228
	138,000	AMVIG Holdings Ltd.		68,356
	124,000	Anxin-China Holdings Ltd.		8,477
	121,500	APT Satellite Holdings Ltd.		165,818
	144,000	Asia Financial Holdings Ltd.(c)		61,669
	58,000	Asia Satellite Telecommunications Holdings Ltd.		202,005
	297,877	Asia Standard International Group Ltd.		69,932
	322,500	ASM Pacific Technology Ltd.		2,926,599
	74,000	Associated International Hotels Ltd.(c)		222,411
	52,000	Beijing Enterprises Holdings Ltd.		398,101
	700,000	Beijing Enterprises Water Group Ltd.		463,217
	504,000	Bel Global Resources Holdings Ltd.(b)(c)(d)		0
	66,400	Bonjour Holdings Ltd.		6,081
	386,000	Bosideng International Holdings Ltd.		49,792
	218,000	Bossini International Holdings Ltd.		18,560

Shares			Value
HONG KONG (continued)
	271,000	Brightoil Petroleum Holdings Ltd.(d)	$	66,769
	56,897	Brilliant Circle Holdings International Ltd.		12,183
	1,644,354	Brockman Mining Ltd.(c)(d)		61,512
	496,791	C C Land Holdings Ltd.		85,871
	44,000	Cafe de Coral Holdings Ltd.		162,326
	92,000	Carrianna Group Holdings Co. Ltd.		11,037
	166,800	Century City International Holdings Ltd.		12,910
	1,604,275	Champion Technology Holdings Ltd.		31,869
	276,560	Chaoda Modern Agriculture Holdings Ltd.(b)(c)(d)		19,361
	123,697	Cheuk Nang Holdings Ltd.(c)		112,331
	80,000	Chevalier International Holdings Ltd.(c)		137,250
	908,000	Chigo Holding Ltd.(d)		19,560
	684,000	China Aerospace International Holdings Ltd.		87,350
	168,137	China Agri-Industries Holdings Ltd.		68,102
	136,000	China All Access Holdings Ltd.		45,612
	2,392,000	China Billion Resources Ltd.(b)(c)(d)		0
	82,500	China Culiangwang Beverages Holdings, Ltd.(d)		4,682
	656,000	China Daye Non-Ferrous Metals Mining Ltd.(d)		11,931
	560,000	China Dynamics Holdings Ltd.(d)		41,897
	120,000	China Electronics Corp. Holdings Co. Ltd.		27,553
	226,000	China Energine International Holdings Ltd.(d)		24,488
	1,588,000	China Energy Development Holdings Ltd.(d)		30,317
	46,000	China Everbright International Ltd.		68,119
	438,000	China Fiber Optic Network System Group Ltd.		107,914
	206,000	China Glass Holdings Ltd.		26,573
	6,603,000	China High Precision Automation Group Ltd.(b)(c)(d)		194,837
	287,000	China High Speed Transmission Equipment Group Co. Ltd.(d)		203,247
	870,000	China Household Holdings Ltd.(c)(d)		59,479
	12,236,000	China Lumena New Materials Corp.(b)(c)(d)		739,861
	142,518	China Merchants Holdings International Co. Ltd.		524,862
	888,000	China Merchants Land Ltd.		127,147
	216,000	China Metal International Holdings, Inc.		69,657

Shares			Value
HONG KONG (continued)
	193,200	China Metal Recycling Holdings Ltd.(b)(c)(d)	$	44,061
	632,557	China New Town Development Co. Ltd.(d)		35,494
	658,000	China Oceanwide Holdings Ltd.		71,298
	1,140,000	China Oil and Gas Group Ltd.		147,053
	244,500	China Overseas Grand Oceans Group Ltd.		129,310
	136,000	China Power International Development Ltd.		77,365
	400,000	China Power New Energy Development Co. Ltd.(d)		24,509
	892,000	China Precious Metal Resources Holdings Co. Ltd.(d)		78,243
	353,000	China Properties Group Ltd.(d)		59,651
	256,440	China Resources Cement Holdings Ltd.		152,826
	482,000	China Resources Enterprise Ltd.		1,056,977
	70,800	China Resources Gas Group Ltd.		172,975
	1,295,600	China Singyes Solar Technologies Holdings Ltd.		1,818,316
	1,230,000	China South City Holdings Ltd.		404,590
	800,000	China Star Entertainment Ltd.(d)		12,796
	275,440	China State Construction International Holdings Ltd.		423,519
	485,000	China Strategic Holdings Ltd.(d)		6,819
	59,370	China Taiping Insurance Holdings Co. Ltd.(d)		183,801
	800,000	China Travel International Investment Hong Kong Ltd.		263,148
	312,000	China Vanadium Titano - Magnetite Mining Co. Ltd.		28,575
	86,000	China Water Affairs Group Ltd.		40,380
	520,000	China WindPower Group Ltd.(d)		32,197
	5,000	Chinese Estates Holdings Ltd.		16,092
	2,362	Chong Hing Bank Ltd.		5,332
	88,000	Chow Sang Sang Holdings International Ltd.		233,273
	110,000	Chu Kong Shipping Enterprise Group Co. Ltd.		29,230
	237,500	Chuang’s Consortium International Ltd.		29,411
	96,000	CIMC Enric Holdings Ltd.		74,053
	509,000	CITIC Ltd.		874,564
	1,555,000	CITIC Resources Holdings Ltd.(d)		204,597
	649,000	CITIC Telecom International Holdings Ltd.		201,758
	508,000	Citychamp Watch & Jewellery Group Ltd.		62,252
	646,000	CK Life Sciences International Holdings, Inc.		66,664
	60,000	Clear Media Ltd.		59,595
	177,000	Coastal Greenland Ltd.(d)		5,183

Shares			Value
HONG KONG (continued)
	156,000	Cosco International Holdings Ltd.	$	63,991
	511,420	COSCO Pacific Ltd.		742,823
	1,402,000	CP Pokphand Co. Ltd.		157,339
	27,000	Cross-Harbour Holdings Ltd.		29,743
	2,429,335	CSI Properties Ltd.		94,011
	3,656,000	CST Mining Group Ltd.(d)		20,750
	292,000	Dah Chong Hong Holdings Ltd.		171,381
	84,924	Dah Sing Banking Group Ltd.		141,973
	58,678	Dah Sing Financial Holdings Ltd.		339,853
	101,000	Dan Form Holdings Co. Ltd.(d)		16,285
	80,000	Dawnrays Pharmaceutical Holdings Ltd.		55,209
	244,000	DBA Telecommunication Asia Holdings Ltd.(b)(c)(d)		11,016
	160,550	Dickson Concepts International Ltd.		75,591
	261,000	Digital China Holdings Ltd.		246,446
	204,000	Dorsett Hospitality International Ltd.		33,683
	108,000	Dynasty Fine Wines Group Ltd.(b)(c)(d)		3,761
	222,000	EcoGreen Fine Chemicals Group Ltd.		62,428
	168,234	EganaGoldpfeil Holdings Ltd.(b)(c)(d)		0
	325,000	Emperor Entertainment Hotel Ltd.		76,719
	386,416	Emperor International Holdings Ltd.		87,728
	29,240,000	Emperor Watch & Jewellery Ltd.(c)		1,263,548
	643,400	Esprit Holdings Ltd.		726,204
	220,000	EVA Precision Industrial Holdings Ltd.		52,501
	352,500	EverChina International Holdings Co. Ltd.(d)		13,641
	9,500	Fairwood Holdings Ltd.		23,725
	517,487	Far East Consortium International Ltd.		204,263
	1,198,000	First Pacific Co. Ltd.		1,220,825
	315,745	Fortune Oil Plc(d)		46,179
	30,000	Fountain SET Holdings Ltd.		3,135
	2,114,000	Franshion Properties China Ltd.		621,741
	30,000	Future Bright Holdings Ltd.		7,856
	648,000	GCL-Poly Energy Holdings Ltd.(d)		140,427
	262,000	Genting Hong Kong Ltd.		95,306
	798,000	Get Nice Holdings Ltd.		36,543
	266,000	Giordano International Ltd.		125,926
	1,383,200	Global Bio-Chem Technology Group Co. Ltd.(d)		40,146
	1,757,000	Glorious Property Holdings Ltd.(d)		201,712
	122,000	Glorious Sun Enterprises Ltd.		26,596
	220,000	Gold Peak Industries Holding Ltd.		24,406

Shares			Value
HONG KONG (continued)
	220,000	Goldbond Group Holdings Ltd.	$	8,514
	243,588	Golden Meditech Holdings Ltd.		34,249
	158,000	Goldin Properties Holdings Ltd.(d)		90,288
	98,000	Goldlion Holdings Ltd.		42,096
	16,000	Good Friend International Holdings, Inc.		4,541
	156,960	Great Eagle Holdings Ltd.		523,382
	12,162,000	G-Resources Group Ltd.(d)		346,710
	336,000	Guangdong Investment Ltd.		450,757
	150,666	Guangdong Land Holdings Ltd.(d)		38,676
	12,000	Guangnan Holdings Ltd.		1,718
	10,000	Guoco Group Ltd.		118,029
	43,200	Guotai Junan International Holdings Ltd.		30,593
	14,000	Haier Electronics Group Co. Ltd.		37,744
	52,738	Haitong International Securities Group Ltd.		33,198
	128,000	Hanergy Thin Film Power Group Ltd.		59,606
	430,000	Hao Tian Development Group Ltd.(d)		18,304
	114,000	Harbour Centre Development Ltd.(c)		208,227
	2,927,230	Heng Tai Consumables Group Ltd.(d)		32,851
	797,400	Hengdeli Holdings Ltd.		149,147
	2,008,035	HKC Holdings Ltd.(d)		66,051
	365,200	HKR International Ltd.		187,492
	90,000	Hon Kwok Land Investment Co. Ltd.		29,836
	3,600	Hong Kong Aircraft Engineering Co. Ltd.		39,844
	45,000	Hong Kong Ferry (Holdings) Co. Ltd.		50,675
	305,651	Hongkong & Shanghai Hotels (The)		439,218
	669,700	Hongkong Chinese Ltd.		117,487
	12,650	Hopewell Highway Infrastructure Ltd.		6,119
	143,500	Hopewell Holdings Ltd.		539,585
	224,000	Hopson Development Holdings Ltd.(d)		199,373
	230,000	Hsin Chong Construction Group Ltd.		26,405
	555,000	Huabao International Holdings Ltd.		437,425
	239,631	Hung Hing Printing Group Ltd.		32,766
	527,000	Hutchison Telecommunications Hong Kong Holdings Ltd.		240,649
	41,000	Hysan Development Co. Ltd.		198,593
	1,160,000	Imagi International Holdings Ltd.(d)		24,839
	25,000	Inspur International Ltd.		5,321
	264,000	Integrated Waste Solutions Group Holdings Ltd.(d)		10,897

Shares			Value
HONG KONG (continued)
	646,250	International Standard Resources Holdings Ltd.(d)	$	30,844
	115,000	IPE Group Ltd.		10,384
	106,000	IRC Ltd.(d)		6,495
	398,000	IT Ltd.		102,166
	95,905	ITC Properties Group Ltd.		46,763
	65,000	Jinhui Holdings Co. Ltd.(d)		10,229
	95,125	Johnson Electric Holdings Ltd.		347,257
	616,000	Ju Teng International Holdings Ltd.		324,198
	311,099	K Wah International Holdings Ltd.		168,144
	1,940,000	Kai Yuan Holdings Ltd.(d)		20,520
	42,000	Keck Seng Investments		37,437
	97,500	Kerry Properties Ltd.		345,865
	330,700	Kingboard Chemical Holdings Ltd.		536,642
	473,000	Kingboard Laminates Holdings Ltd.		200,737
	74,000	Kingmaker Footwear Holdings Ltd.		12,409
	1,866,000	Kingston Financial Group Ltd.		216,632
	376,000	Kowloon Development Co. Ltd.		438,941
	768,000	Kunlun Energy Co. Ltd.		799,474
	2,412,000	Lai Fung Holdings Ltd.		47,603
	3,304,750	Lai Sun Development Co. Ltd.		74,175
	603,200	Lai Sun Garment International Ltd.		77,809
	9,000	Lam Soon Hong Kong Ltd.		6,792
	68,000	Landsea Green Properties Co. Ltd.(d)		5,614
	116,000	Le Saunda Holdings Ltd.		42,795
	24,000	Lee & Man Chemical Co. Ltd.		12,817
	549,200	Lee & Man Paper Manufacturing Ltd.		289,041
	15,000	Lee’s Pharmaceutical Holdings Ltd.		22,638
	74,000	Lerado Group Holding Co. Ltd.		5,059
	83,500	Lifestyle International Holdings Ltd.		163,719
	2,253,000	Lijun International Pharmaceutical Holding Co. Ltd.		1,054,963
	1,314,000	Lippo China Resources Ltd.		44,917
	78,000	Lippo Ltd.		43,265
	116,000	Liu Chong Hing Investment Ltd.		143,498
	546,600	Loudong General Nice Resources China Holdings Ltd.(d)		43,010
	170,000	Luen Thai Holdings Ltd.		32,893
	91,000	Luk Fook Holdings International Ltd.		338,654
	1,444,000	Magnificent Estates		63,331
	145,600	Man Wah Holdings Ltd.		124,709
	580,000	Mei Ah Entertainment Group Ltd.(d)		40,401

Shares			Value
HONG KONG (continued)
	132,000	Melco International Development Ltd.	$	265,284
	78,000	Midland Holdings Ltd.(d)		39,341
	178,000	MIE Holdings Corp.		20,206
	84,000	MIN XIN Holdings Ltd.		62,304
	1,335,000	Ming Fung Jewellery Group Ltd.(d)		12,916
	429,000	Mingfa Group International Co. Ltd.(d)		140,560
	344,000	Minmetals Land Ltd.		39,493
	29,000	Miramar Hotel & Investment Co. Ltd.		36,735
	6,221,148	Nan Hai Corp. Ltd.(d)		33,705
	361,500	Neo-Neon Holdings Ltd.(d)		56,424
	1,650,000	Neptune Group Ltd.(d)		25,541
	17,000	NetDragon Websoft, Inc.		29,692
	872,000	New Century Group Hong Kong Ltd.		15,410
	1,369,100	New World China Land Ltd.		853,005
	109,000	New World Department Store China Ltd.		30,089
	412,000	Newocean Energy Holdings Ltd.		150,402
	434,000	Next Media Ltd.		38,629
	312,000	Nine Dragons Paper Holdings Ltd.		229,805
	230,105	NWS Holdings Ltd.		428,017
	315,000	Orange Sky Golden Harvest Entertainment Holdings Ltd.(d)		19,504
	48,000	Orient Overseas International Ltd.		315,158
	113,200	Oriental Watch Holdings		20,151
	42,000	Overseas Chinese Town Asia Holdings Ltd.		24,109
	1,086,246	Pacific Andes International Holdings Ltd.		37,132
	10,498,000	Pacific Basin Shipping Ltd.		3,886,493
	105,000	Pacific Textile Holdings Ltd.		144,925
	227,240	Paliburg Holdings Ltd.		75,920
	20,000	Pan Asia Environmental Protection Group Ltd.(d)		4,205
	96,000	Paradise Entertainment Ltd.		32,940
	285,394	PCCW Ltd.		189,961
	48,000	Peace Mark Holdings Ltd.(b)(c)(d)		0
	369,800	Pearl Oriental Oil Ltd.(d)		8,109
	296,000	Phoenix Satellite Television Holdings Ltd.		92,783
	368,000	Pico Far East Holdings Ltd.		82,597
	42,000	Playmates Holdings Ltd.		40,850
	60,000	Playmates Toys Ltd.		12,693
	318,000	Poly Property Group Co. Ltd.		146,852
	460,000	Polytec Asset Holdings Ltd.		62,304
	69,500	Ports Design Ltd.(d)		26,806
	132,000	Pou Sheng International Holdings Ltd.(d)		10,216

Shares			Value
HONG KONG (continued)
	78,000	Public Financial Holdings Ltd.	$	37,127
	320,000	Real Nutriceutical Group Ltd.		90,812
	346,200	Regal Hotels International Holdings Ltd.		215,250
	5,581,033	REXLot Holdings Ltd.		439,151
	240,000	SA SA International Holdings Ltd.		155,412
	295,000	Samson Holding Ltd.		38,434
	116,000	SAS Dragon Holding Ltd.		24,989
	92,000	SEA Holdings Ltd.		61,592
	143,516	Shanghai Industrial Holdings Ltd.		424,866
	891,000	Shanghai Industrial Urban Development Group Ltd.(d)		142,518
	1,190,000	Shanghai Zendai Property Ltd.(b)(c)(d)		28,091
	448,000	Shangri-La Asia Ltd.		583,672
	195,000	Shenyin Wanguo HK Ltd.		152,935
	489,520	Shenzhen International Holdings Ltd.		705,963
	330,638	Shenzhen Investment Ltd.		95,537
	567,629	Shimao Property Holdings Ltd.		1,197,891
	2,506,000	Shougang Concord International Enterprises Co. Ltd.(d)		109,908
	760,000	Shougang Fushan Resources Group Ltd.		156,857
	587,750	Shun Tak Holdings Ltd.		269,148
	370,000	Silver Grant International Industries Ltd.		54,410
	652,000	Singamas Container Holdings Ltd.		105,971
	240,000	Sino Biopharmaceutical Ltd.		240,548
	3,935,000	Sino Oil And Gas Holdings Ltd.(d)		82,737
	744,000	Sinofert Holdings Ltd.(d)		136,280
	755,500	Sinotrans Shipping Ltd.(d)		171,521
	38,000	SIS International Holdings		17,058
	12,160	SiS Mobile Holdings Ltd.(d)		1,882
	61,000	SITC International Holdings Co. Ltd.		33,678
	60,000	Sitoy Group Holdings Ltd.		39,704
	565,278	Skyworth Digital Holdings Ltd.		319,378
	21,643	SmarTone Telecommunications Holding Ltd.		37,969
	1,267,934	SMI Holdings Group Ltd.		44,160
	122,843	SOCAM Development Ltd.(d)		111,397
	696,000	South China China Ltd.(d)		72,722
	360,000	Sparkle Roll Group Ltd.(d)		14,628
	1,413,428	SRE Group Ltd.		38,106
	84,500	Stella International Holdings Ltd.		223,450
	60,500	Stelux Holdings International Ltd.		14,438
	204,000	Success Universe Group Ltd.(d)		5,684
	16,000	Sun Hing Vision Group Holdings Ltd.		5,180
	382,801	Sun Hung Kai & Co. Ltd.		345,653

Shares			Value
HONG KONG (continued)
	263,000	TAI Cheung Holdings Ltd.	$	218,480
	6,000	Tan Chong International Ltd.		1,997
	6,000	Tao Heung Holdings Ltd.		2,662
	684,000	TCC International Holdings Ltd.		248,814
	90,000	TCL Multimedia Technology Holdings Ltd.(d)		39,472
	56,000	Techtronic Industries Co. Ltd.		183,481
	68,100	Television Broadcasts Ltd.		422,534
	125,000	Texhong Textile Group Ltd.		94,327
	248,000	Texwinca Holdings Ltd.		202,820
	185,800	Tian An China Investment Co. Ltd.(c)		115,042
	1,208,000	Tianjin Port Development Holdings Ltd.		244,645
	81,000	Tibet 5100 Water Resources Holdings Ltd.		27,166
	2,380,000	Titan Petrochemicals Group Ltd.(b)(c)(d)		768
	124,252	Tomson Group Ltd.		30,132
	1,080,000	Tongda Group Holdings Ltd.		143,493
	62,000	Top Spring International Holdings Ltd.		17,435
	136,000	Towngas China Co. Ltd.		118,943
	500,000	TPV Technology Ltd.		102,550
	58,000	Tradelink Electronic Commerce Ltd.		13,018
	46,400	Transport International Holdings Ltd.		114,320
	80,000	Trinity Ltd.		15,686
	394,000	Truly International Holdings Ltd.		142,306
	233,000	TSC Group Holdings Ltd.(d)		58,909
	1,082,000	United Energy Group Ltd.(d)		153,529
	288,500	United Laboratories International Holdings Ltd. (The)(d)		142,533
	44,000	Up Energy Development Group Ltd.(d)		3,235
	439,200	V1 Group Ltd.(d)		33,992
	188,000	Varitronix International Ltd.		128,287
	643,686	Victory City International Holdings Ltd.		92,165
	162,000	Vitasoy International Holdings Ltd.		224,852
	483,600	VST Holdings Ltd.		154,082
	31,200	VTech Holdings Ltd.		439,890
	132,622	Wasion Group Holdings Ltd.		123,516
	496,000	Welling Holding Ltd.		92,133
	2,400,000	Willie International Holdings Ltd.(d)		48,295
	68,000	Wing On Co. International Ltd.(c)		215,343
	220,000	Wing Tai Properties Ltd.		139,907
	1,290,000	Xinyi Glass Holdings Ltd.		680,585
	1,040,000	Yanchang Petroleum International Ltd.(d)		40,917
	30,000	YGM Trading Ltd.		53,017

Shares			Value
HONG KONG (continued)
	1,992,000	Yingde Gases Group Co. Ltd.	$	1,346,449
	150,000	Yip’s Chemical Holdings Ltd.		87,071
	68,500	Yue Yuen Industrial Holdings Ltd.		254,921
	480,946	Yuexiu Property Co. Ltd.		93,679
	58,191	Yuexiu Transport Infrastructure Ltd.		39,408
	306,000	Zhuhai Holdings Investment Group Ltd.		53,287
				55,885,783
HUNGARY — 0.0%
	24,646	Magyar Telekom Telecommunications Plc(d)		31,994
	2,610	OTP Bank Plc		34,641
				66,635
INDIA — 1.5%
	293	3M India Ltd.(d)		32,229
	4,102	Aarti Industries		18,853
	3,614	Aban Offshore Ltd.		27,516
	2,732	ABG Shipyard Ltd.(d)		9,054
	12,155	ACC Ltd.		306,245
	4,886	Adani Enterprises Ltd.(d)		49,487
	87,674	Adani Power Ltd.(d)		73,539
	6,435	Aditya Birla Nuvo Ltd.		186,764
	3,330	Aegis Logistics Ltd.		22,743
	3,264	Ahmednagar Forgings Ltd.		17,054
	124,095	AIA Engineering Ltd.(c)		2,279,132
	2,057	Ajanta Pharma Ltd.		84,849
	19,534	Alembic Ltd.		13,846
	16,675	Alembic Pharmaceuticals Ltd.		126,567
	36,030	Allahabad Bank		67,482
	810	Allcargo Logistics Ltd.		4,345
	241,287	Alok Industries Ltd.		39,153
	1,082	Alstom India Ltd.		12,208
	262,493	Amara Raja Batteries Ltd.(c)		3,646,760
	17,157	Ambuja Cements Ltd.		68,908
	34,468	Amtek Auto Ltd.		96,723
	17,731	Amtek India Ltd.		19,152
	44,785	Anant Raj Ltd.		36,263
	32,399	Andhra Bank(d)		47,656
	198,839	Apollo Hospitals Enterprise Ltd.(c)		4,217,082
	9,461	Apollo Tyres Ltd.		37,051
	49,192	Arvind Ltd.		230,929
	198,118	Ashok Leyland Ltd.(d)		210,162
	2,229	Atul Ltd.		46,525
	8,853	Aurobindo Pharma Ltd.(d)		178,354
	3,198	Bajaj Corp. Ltd.		21,452
	473,878	Bajaj Electricals Ltd.(c)		1,784,646
	7,694	Bajaj Finance Ltd.		503,188
	12,411	Bajaj Finserv Ltd.		290,071
	19,521	Bajaj Holdings & Investment Ltd.(c)		443,009
	15,043	Balkrishna Industries Ltd.		157,607

Shares			Value
INDIA (continued)
	133,566	Ballarpur Industries Ltd.	$	33,966
	3,642	Balmer Lawrie & Co. Ltd.		34,400
	38,808	Balrampur Chini Mills Ltd.(d)		38,692
	104,590	Bank of Baroda		326,174
	28,194	Bank of India		121,202
	23,191	Bank of Maharashtra		15,577
	3,185	BASF India Ltd.		63,448
	2,514	Bata India Ltd.		57,763
	1,828	BEML Ltd. - Partly Paid Shares		26,712
	986,069	Berger Paints India Ltd.(c)		3,645,120
	2,479	Bharat Electronics Ltd.(d)		133,604
	2,296	Bharat Forge Ltd.(d)		38,348
	12,574	Bharat Petroleum Corp. Ltd.		152,031
	44,918	Bhushan Steel Ltd.		60,449
	10,128	Biocon Ltd.		67,823
	5,808	Birla Corp. Ltd.		49,823
	22,927	Blue Dart Express Ltd.(c)		2,532,890
	783	Bosch Ltd.		301,194
	5,788	Britannia Industries Ltd.		176,532
	3,302	Cadila Healthcare Ltd.		87,347
	179,379	Cairn India Ltd.(d)		674,391
	19,327	Canara Bank		138,286
	7,476	Carborundum Universal Ltd.		21,601
	5,310	Ceat Ltd.		70,286
	11,486	Century Plyboards India Ltd.(d)		34,077
	9,871	Century Textiles & Industries Ltd.		91,522
	6,433	CESC Ltd.		75,958
	91,441	Chambal Fertilizers & Chemicals Ltd.		89,322
	4,733	Cholamandalam Investment and Finance Co. Ltd.		41,503
	65,290	Cipla Ltd.		733,439
	36,243	City Union Bank Ltd.		54,626
	1,522	CMC Ltd.		46,070
	3,751	Colgate-Palmolive India Ltd.		113,590
	3,973	Container Corp. of India Ltd.		89,711
	10,814	Coromandel International Ltd.		50,617
	41,645	Corp. Bank		46,597
	21,138	Cox & Kings Ltd.		103,992
	108,633	CRISIL Ltd.(c)		3,682,577
	38,317	Crompton Greaves Ltd.		117,268
	18,918	Cummins India Ltd.		272,369
	16,196	Cyient Ltd.		139,249
	37,580	Dabur India Ltd.		155,484
	4,199	Dalmia Bharat Ltd.		32,546
	6,484	DB Corp. Ltd.		39,918
	18,464	DB Realty Ltd.(d)		27,114
	27,921	DCB Bank Ltd.(d)		53,241
	5,844	Deepak Fertilizers & Petrochemicals Corp. Ltd.		13,408
	12,047	Delta Corp Ltd.		17,380
	43,420	Dena Bank		39,925
	7,530	Divi’s Laboratories Ltd.		211,833
	4,597	DLF Ltd.		12,610
	3,993	eClerx Services Ltd.		82,655

Shares			Value
INDIA (continued)
	1,400	Eicher Motors Ltd.	$	367,906
	22,947	EID Parry India Ltd.(d)		71,470
	251,736	Emami Ltd.(c)(d)		3,738,342
	25,985	Engineers India Ltd.		90,833
	8,345	Eros International Media Ltd.(d)		48,620
	17,285	Escorts Ltd.		36,044
	45,444	Essar Oil Ltd.(d)		81,298
	20,879	Essel Propack Ltd.		40,622
	72,861	Exide Industries Ltd.		218,871
	247	FAG Bearings India Ltd.		15,233
	15,298	FDC Ltd.		40,767
	147,282	Federal Bank Ltd.		337,321
	4,296	Federal-Mogul Goetze India Ltd.(d)		30,183
	14,606	Finolex Cables Ltd.		59,794
	7,095	Finolex Industries Ltd.		33,284
	1,120,674	Fortis Healthcare Ltd.(c)(d)		2,062,757
	31,884	Future Retail Ltd.		60,592
	7,516	Gateway Distriparks Ltd.		46,563
	810	GlaxoSmithKline Consumer Healthcare Ltd.		73,551
	14,696	Glenmark Pharmaceuticals Ltd.		170,641
	113,877	GMR Infrastructure Ltd.		35,486
	7,585	Godfrey Phillips India, Ltd.		72,329
	13,455	Godrej Consumer Products Ltd.		230,539
	12,899	Godrej Industries Ltd.		64,720
	5,642	Godrej Properties Ltd.		25,461
	8,033	Great Eastern Shipping Co. Ltd. (The)		46,679
	20,917	Greaves Cotton Ltd.		48,751
	770	Greenlam Industries Ltd(b)(c)(d)		1,379
	770	Greenply Industries Ltd.		11,617
	2,596	Grindwell Norton Ltd.		26,438
	12,414	Gruh Finance Ltd.		55,140
	15,133	Gujarat Alkalies & Chemicals(d)		47,181
	3,890	Gujarat Flourochemicals Ltd.		45,379
	34,878	Gujarat Mineral Development Corp. Ltd.		69,379
	14,998	Gujarat Narmada Valley Fertilizers Co. Ltd.(d)		20,971
	357,226	Gujarat Pipavav Port Ltd.(d)		1,189,311
	68,587	Gujarat State Fertilisers & Chemicals Ltd.		111,128
	26,093	Gujarat State Petronet Ltd.		50,050
	27,765	Hathway Cable & Datacom Ltd.(d)		28,601
	25,011	Havells India Ltd.		104,369
	11,965	HCL Infosystems Ltd.(d)		9,756
	849	HEG Ltd.(d)		3,057
	18,832	Hexa Tradex Ltd.(d)		8,058
	65,708	Hexaware Technologies Ltd.		239,396
	270,854	Hindalco Industries Ltd.		610,936
	6,147	Hindustan Petroleum Corp. Ltd.		65,301
	207	Honeywell Automation India Ltd.		24,587

Shares			Value
INDIA (continued)
	28,793	Housing Development & Infrastructure Ltd.(d)	$	51,161
	355,314	HSIL Ltd.(c)		2,288,157
	4,443	Huhtamaki PPL Ltd.		14,832
	23,341	ICRA Ltd.(c)		1,266,203
	46,836	IDBI Bank Ltd.		53,540
	142,718	IDFC Ltd.		396,458
	77,633	IIFL Holdings Ltd.(c)		225,247
	56,756	India Cements Ltd. (The)(d)		98,511
	14,343	Indian Bank		43,016
	36,511	Indian Overseas Bank		33,543
	45,438	IndusInd Bank Ltd.		638,414
	23,454	ING Vysya Bank Ltd.		348,430
	9,700	Intellect Design Arena Ltd.(d)		17,008
	186,697	Ipca Laboratories Ltd.(c)		1,924,093
	8,799	IRB Infrastructure Developers Ltd.		38,266
	8,006	Jagran Prakashan Pvt Ltd.(d)		17,535
	66,242	Jain Irrigation Systems Ltd. - DVR		74,547
	168,680	Jammu & Kashmir Bank Ltd. (The)		415,198
	75,459	Jaypee Infratech Ltd.(d)		25,219
	6,226	Jindal Poly Films Ltd.		24,664
	29,253	Jindal Saw Ltd.		38,045
	7,796	JK Lakshmi Cement Ltd.		48,751
	13,845	JK Tyre & Industries Ltd.		27,037
	21,254	JSW Energy Ltd.		41,540
	14,416	JSW Steel Ltd.		227,511
	127,376	Jubilant Foodworks Ltd.(c)(d)		2,858,788
	23,442	Jubilant Organosys Ltd.(d)		65,366
	2,239	Kajaria Ceramics Ltd.		26,302
	90,563	Kakinada Fertilizers Ltd.(b)(c)(d)		3,074
	11,421	Kalpataru Power Transmission Ltd.		43,067
	353	Kansai Nerolac Paints Ltd.		13,775
	22,504	Karnataka Bank Ltd. (The)		51,923
	3,825	Karur Vysya Bank Ltd. (The)		36,777
	2,339	Kaveri Seed Co. Ltd.		27,661
	13,854	Kesoram Industries Ltd.(d)		27,950
	1,197	Kirloskar Oil Engines Ltd.		5,200
	24,476	KPIT Technologies Ltd.		82,002
	298	Lakshmi Machine Works Ltd.		19,145
	8,542	Maharashtra Seamless Ltd.		28,480
	237	Mahindra Lifespace Developers Ltd.		1,968
	942	Marico Kaya Enterprises Ltd.(d)		17,626
	6,707	Marico Ltd.		39,071
	26,103	MAX India Ltd.		200,003
	15,382	MindTree Ltd.		328,105
	815	Monsanto India Ltd.		41,670
	11,271	Motherson Sumi Systems Ltd.		82,092
	11,049	Mphasis Ltd.		64,678
	550	MRF Ltd.		355,539
	82,330	Nagarjuna Oil Refinery Ltd.(d)		4,719

Shares			Value
INDIA (continued)
	13,270	National Aluminium Co. Ltd.	$	9,706
	48,388	NCC Ltd.		59,259
	91,063	NHPC Ltd.		28,303
	16,197	NIIT Technologies Ltd.		91,609
	11,606	Oil India Ltd.		100,160
	36,200	OMAXE Ltd.		74,317
	3,399	Oracle Financial Sevices Software Ltd.		186,447
	16,955	Oriental Bank of Commerce		72,723
	14,725	Oswal Chemical & Fertilizers(d)		6,467
	19,272	Page Industries Ltd.(c)		3,670,175
	8,697	Parsvnath Developers Ltd.(d)		2,528
	6,026	PC Jeweller Ltd.		26,333
	789	Persistent Systems Ltd.		21,497
	51,330	Petronet LNG Ltd.		149,055
	1,475	Pfizer Ltd.		48,758
	4,125	Phoenix Mills Ltd. (The)		27,054
	7,720	PI Industries Ltd.		62,442
	386,754	Pidilite Industries Ltd.(c)		3,563,744
	7,053	Plethico Pharmaceuticals Ltd.(d)		4,213
	14,082	Polaris Consulting & Services Ltd.		33,775
	13,598	Prestige Estates Projects Ltd.		60,399
	1,520	Procter & Gamble Hygiene & Health Care Ltd.		153,723
	81,828	PTC India Financial Services Ltd.		83,103
	51,519	PTC India Ltd.		83,099
	36,362	Rain Industries Ltd.		22,222
	662,261	Rallis India Ltd.(c)		2,417,651
	16,737	Ramco Cements Ltd. (The)		98,257
	19,421	Ranbaxy Laboratories Ltd.(d)		220,315
	4,423	Ratnamani Metals & Tubes Ltd.		50,029
	12,772	Raymond Ltd.		105,170
	57,342	Redington India Ltd.		112,721
	3,937	Reliance Capital Ltd.(d)		30,900
	79,906	Reliance Communications Ltd.(d)		102,697
	7,440	Reliance Infrastructure Ltd.		61,053
	40,214	Reliance Power Ltd.(d)		42,269
	38,166	Rolta India Ltd.		67,754
	23,351	Ruchi Soya Industries Ltd.		12,951
	816	Sanofi India Ltd.		43,651
	2,527	Shoppers Stop Ltd.		18,934
	1,221	Shree Cement Ltd.		216,259
	142,891	Shree Renuka Sugars Ltd.(d)		37,606
	7,106	Siemens Ltd.		119,569
	77,746	Sintex Industries Ltd.(d)		139,274
	15,463	SJVN Ltd.		6,279
	99,867	SKF India Ltd.(c)		2,404,806
	7,092	Sobha Ltd.		54,036
	401,240	South Indian Bank Ltd. (The)		179,128
	9,422	Spice Mobility Ltd.		4,381
	6,622	SRF Ltd.		101,535
	13,529	Star Ferro and Cement Ltd.		21,494

Shares			Value
INDIA (continued)
	5,304	State Bank of Bikaner & Jaipur	$	55,609
	2,656	State Bank of Travancore		22,943
	2,418	Sterlite Technologies Ltd.		2,424
	97,594	Strides Arcolab Ltd.		1,469,307
	14,358	Sun TV Network Ltd.(d)		94,457
	4,070	Sundaram Finance Ltd.		99,363
	21,387	Sundram Fasteners Ltd.		71,100
	6,405	Supreme Industries Ltd.		61,072
	30,834	Syndicate Bank		58,322
	13,597	Tata Chemicals Ltd.		100,251
	7,145	Tata Communications Ltd.		47,356
	86,047	Tata Power Co. Ltd.		125,733
	158,638	Tata Steel Ltd.		1,000,084
	14,209	Tata Tea Ltd.(d)		36,409
	4,509	Thermax Ltd.		83,373
	45,835	Titan Co. Ltd.		318,666
	163,847	Torrent Pharmaceuticals Ltd.(c)		2,909,220
	10,413	Transport Corp. of India Ltd.		43,680
	214,492	Tree House Education and Accessories Ltd.(c)		1,610,205
	104	Trent Ltd.		2,450
	13,660	Triveni Turbine Ltd.		23,357
	697	TTK Prestige Ltd.		37,916
	23,147	Tube Investments of India Ltd.		137,738
	103,009	TV18 Broadcast Ltd.(d)		58,294
	8,017	TVS Motor Co. Ltd.		39,894
	5,706	UCO Bank		6,937
	6,802	Unichem Laboratories Ltd.		24,436
	13,827	Union Bank of India		46,693
	445,435	Unitech Ltd.(d)		134,130
	7,841	United Breweries Ltd.		123,442
	136,278	United Phosphorus Ltd.(d)		810,495
	9,215	Uttam Galva Steels Ltd.(d)		9,664
	772	VA Tech Wabag Ltd.		20,085
	1,130	Vakrangee Ltd.		2,344
	6,257	Vardhman Textiles Ltd.		44,385
	54,856	Vedanta Resources Plc		308,520
	21,025	Videocon Industries Ltd.		53,789
	56,858	Vijaya Bank		45,626
	902	VST Industries Ltd.		27,306
	563	WABCO India Ltd.		48,555
	50,842	Welspun Corp. Ltd.		55,615
	1,076	Wockhardt Ltd.		20,985
	39,669	Yes Bank Ltd.		552,394
	72,088	Zee Entertainment Enterprises Ltd.		438,511
	4,219	Zensar Technologies Ltd.		44,441
				81,052,868
INDONESIA — 0.5%
	223,600	Ace Hardware Indonesia Tbk PT		13,062
	5,233,300	Adaro Energy Tbk PT		413,128
	122,700	Adhi Karya Persero Tbk PT		35,791
	660,600	Agung Podomoro Land Tbk PT		23,259
	7,100,800	AKR Corporindo Tbk PT		2,631,794

Shares			Value
INDONESIA (continued)
	2,401,100	Alam Sutera Realty Tbk PT	$	112,781
	996,100	Aneka Tambang Persero Tbk PT		83,746
	32,288,700	Arwana Citramulia Tbk PT(c)		2,548,940
	28,100	Asahimas Flat Glass Tbk PT		18,634
	20,400	Astra Agro Lestari Tbk PT		37,442
	42,411,000	Bakrie & Brothers Tbk PT(c)(d)		167,401
	9,578,900	Bakrie Sumatera Plantations Tbk PT(d)		37,809
	9,876,000	Bakrie Telecom Tbk PT(c)(d)		38,982
	1,518,266	Bank Bukopin Tbk PT		92,289
	1,131,316	Bank Danamon Indonesia Tbk PT		392,958
	3,011,250	Bank Pan Indonesia Tbk PT(d)		251,978
	935,700	Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT		60,940
	2,452,700	Bank Tabungan Negara Persero Tbk PT		192,653
	141,100	Bank Tabungan Pensiunan Nasional Tbk PT(d)		44,555
	54,000	Bayan Resources Tbk PT(c)(d)		29,840
	1,863,500	Benakat Integra Tbk PT		16,918
	560,000	Budi Starch & Sweetener Tbk PT(d)		4,421
	624,500	Bumi Resources Minerals Tbk PT(d)		13,804
	2,251,200	Bumi Serpong Damai Tbk PT		358,984
	5,013,100	Ciputra Development Tbk PT		569,873
	1,036,400	Ciputra Property Tbk PT		67,089
	186,400	Ciputra Surya Tbk PT		44,144
	434,000	Citra Marga Nusaphala Persada Tbk PT		95,931
	11,917,500	Darma Henwa Tbk PT(c)(d)		47,040
	1,549,000	Delta Dunia Makmur Tbk PT(d)		19,076
	393,500	Elnusa Tbk PT		17,706
	10,964,300	Energi Mega Persada Tbk PT(d)		90,017
	746,500	Erajaya Swasembada Tbk PT(d)		71,011
	16,748,500	Express Transindo Utama Tbk PT		1,282,498
	947,000	Gajah Tunggal Tbk PT		109,147
	436,000	Garuda Indonesia Persero TBK(d)		20,577
	2,684,600	Global Mediacom Tbk PT		393,127
	1,043,600	Holcim Indonesia Tbk PT		161,885
	674,300	Indika Energy Tbk PT(d)		26,190
	135,900	Indo Tambangraya Megah Tbk PT		179,698
	122,300	Indosat Tbk PT(d)		39,536
	158,000	Intiland Development Tbk PT		7,733
	1,457,000	Japfa Comfeed Indonesia Tbk PT		102,367
	10,555,154	Kawasan Industri Jababeka Tbk PT		253,307
	60,600	Lippo Cikarang Tbk PT(d)		55,015
	8,121,650	Lippo Karawaci Tbk PT		727,695

Shares			Value
INDONESIA (continued)
	12,003,600	Malindo Feedmill Tbk PT(c)	$	2,061,009
	1,332,600	Matahari Putra Prima Tbk PT		399,754
	1,323,367	Mayora Indah Tbk PT(c)		2,533,385
	947,100	Medco Energi Internasional Tbk PT		233,644
	515,000	Media Nusantara Citra Tbk PT		116,274
	106,200	Mitra Adiperkasa Tbk PT		49,254
	5,841,400	MNC Investama Tbk PT		129,578
	1,101,800	Multipolar Tbk PT		73,497
	22,625,500	Nippon Indosari Corpindo Tbk PT(c)		2,455,896
	1,292,700	Pakuwon Jati Tbk PT		50,922
	4,283,000	Panin Financial Tbk PT(d)		91,966
	139,100	Pembangunan Perumahan Persero Tbk PT		42,990
	840,000	Perusahaan Perkebunan London Sumatra Indonesia Tbk PT		122,013
	440,100	Ramayana Lestari Sentosa Tbk PT		28,489
	5,134,400	Sampoerna Agro Tbk PT(c)		764,030
	8,825,400	Sawit Sumbermas Sarana Tbk PT		1,149,549
	4,107,500	Selamat Sempurna Tbk PT(c)		1,571,015
	7,450,000	Sentul City Tbk PT(d)		67,634
	2,356,500	Siloam International Hospitals Tbk PT(d)		2,492,765
	117,500	Sinar Mas Agro Resources & Technology Tbk PT(c)		63,539
	2,506,800	Summarecon Agung Tbk PT		326,522
	1,475,000	Surya Semesta Internusa Tbk PT		128,084
	198,500	Tambang Batubara Bukit Asam Persero Tbk PT		178,246
	458,600	Tiga Pilar Sejahtera Food Tbk		77,836
	1,169,515	Timah Persero Tbk PT		108,481
	166,600	Tower Bersama Infrastructure Tbk PT		124,942
	596,800	Trada Maritime Tbk PT(d)		6,219
	4,875,000	Truba Alam Manunggal Engineering PT(b)(c)(d)		3,079
	1,152,000	Tunas Baru Lampung Tbk PT		63,659
	539,500	Tunas Ridean Tbk PT		28,535
	488,900	Vale Indonesia Tbk PT		133,152
	1,938,200	Visi Media Asia Tbk PT(d)		67,323
	544,300	Waskita Karya Persero Tbk PT		73,691
	363,252	Wijaya Karya Persero Tbk PT		107,391
				27,927,134
IRELAND — 0.6%
	46,957	Aer Lingus Group Plc		114,081
	1,217,226	Bank of Ireland(d)		368,623
	276,516	Beazley Plc		1,204,073
	98,086	C&C Group Plc		384,603
	8,364	DCC Plc		444,454
	10,174	Endo International Plc(c)(d)		819,477
	6,992	FBD Holdings Plc(d)		86,910
	400,000	FleetMatics Group Plc(d)		14,163,999

Shares			Value
IRELAND (continued)
	579,495	Glanbia Plc(c)	$	9,364,015
	67,081	Grafton Group Plc - Units		676,448
	85,105	Greencore Group Plc		395,068
	16,165	IFG Group Plc(c)		28,313
	23,450	Irish Continental Group Plc - Units		87,445
	34,335	James Hardie Industries Plc - CDI		348,022
	198,664	Kenmare Resources Plc(d)		10,327
	11,618	Kerry Group Plc - Class A(d)		843,098
	35,626	Kingspan Group Plc(d)(f)		646,329
	6,121	Kingspan Group Plc(f)		111,048
	12,329	Paddy Power Plc(d)		964,770
	107,448	Smurfit Kappa Group Plc(d)		2,654,146
	417	Tarsus Group Plc		1,316
	110,589	United Drug Plc(d)		651,155
				34,367,720
ISLE OF MAN — 0.0%
	11,173	Exillon Energy Plc(d)		21,162
ISRAEL — 2.0%
	23,917	Africa Israel Investments Ltd.(d)		21,262
	4,663	Airport City Ltd.(d)		38,512
	61	Alon Blue Square Israel Ltd.(d)		153
	1,010	AL-ROV Israel Ltd.(d)		27,206
	11,742	AudioCodes Ltd.(d)		60,450
	9,030	Azrieli Group		311,455
	28	Bayside Land Corp.		7,549
	238,351	Bezeq The Israeli Telecommunication Corp. Ltd.		380,736
	7,207	Cellcom Israel Ltd.(d)		38,112
	1,262,500	Check Point Software Technologies Ltd.(d)		97,427,125
	0	Clal Biotechnology Industries Ltd.(d)		0
	11,283	Clal Insurance Enterprise Holdings Ltd.(d)		162,639
	13,567	Delek Automotive Systems Ltd.		130,099
	1,010	Delek Group Ltd.		247,140
	3,947	Delta-Galil Industries Ltd.		113,547
	4,291	Direct Insurance Financial Investments Ltd.		23,488
	9,607	Elbit Systems Ltd.		591,358
	905	Electra Ltd.		96,866
	1	Electra Real Estate Ltd.(d)		1
	1,009	Equital Ltd.(d)		13,407
	0	Evogene Ltd.(d)		4
	3,272	EZchip Semiconductor Ltd.(d)		61,629
	10,215	First International Bank of Israel Ltd.		128,202
	3,427	Formula Systems (1985) Ltd.		71,792
	11,000	Frutarom Industries Ltd.		344,428
	1,135	Hadera Paper Ltd.(d)		19,769
	66,902	Harel Insurance Investments & Financial Services Ltd.		298,310
	270	Industrial Buildings Corp. Ltd.		285

Shares			Value
ISRAEL (continued)
	378,008	Israel Discount Bank Ltd. - Class A(d)	$	591,321
	2,874	Ituran Location & Control Ltd.		60,222
	4,804	Jerusalem Oil Exploration(d)		142,478
	4,100	Magic Software Enterprises Ltd.		23,016
	16,429	Matrix IT Ltd.		74,467
	1,459	Melisron Ltd.		42,485
	17,166	Menorah Mivtachim Holdings Ltd.		151,206
	170,583	Migdal Insurance & Financial Holding Ltd.		204,060
	1,190	Mivtach Shamir Holdings Ltd.(d)		26,912
	68,595	Mizrahi Tefahot Bank Ltd.(d)		749,905
	7,596	Naphtha Israel Petroleum Corp. Ltd.(d)		38,470
	736	Neto ME Holdings Ltd.		36,693
	13,509	NICE-Systems Ltd.		663,518
	645	Nitsba Holdings 1995 Ltd.(d)		8,781
	3,418	Nova Measuring Instruments Ltd.(d)		37,715
	391,918	Oil Refineries Ltd.(d)		113,545
	23,836	Ormat Industries Ltd.		167,215
	7,203	Osem Investments Ltd.		127,664
	12,789	Partner Communications Co. Ltd.(d)		43,460
	2,872	Paz Oil Co. Ltd.		368,474
	33,550	Phoenix Holdings Ltd. (The)		95,749
	1,121	Plasson Industries Ltd.		37,610
	1	Protalix Biotherapeutics, Inc.(d)		2
	715	Rami Levy Chain Stores Hashikma Marketing 2006 Ltd.		28,317
	1,936,000	Sarine Technologies Ltd.(c)		3,749,497
	68,879	Shikun & Binui Ltd.		130,822
	13,900	Shufersal Ltd.		28,637
	6,039	Strauss Group Ltd.(d)		88,862
	3,145	Summit Real Estate Holdings Ltd.(d)		10,671
	3,108	Tower Semiconductor Ltd.(d)		47,349
	8,078	Union Bank of Israel(d)		26,383
				108,531,030
ITALY — 0.4%
	42,476	A2A SpA		40,510
	3,408	ACEA SpA		38,356
	27,658	Amplifon SpA		165,643
	22,692	Ansaldo STS SpA		228,341
	2,607	Arnoldo Mondadori Editore SpA(d)		2,716
	5,010	Ascopiave SpA		10,813
	18,124	Astaldi SpA		115,303
	14,058	Autogrill SpA(d)		120,491
	10,738	Azimut Holding SpA		251,050
	12,300	Banca Generali SpA		343,860
	4,248	Banca IFIS SpA		73,203

Shares			Value
ITALY (continued)
	149,847	Banca Popolare dell’Emilia Romagna Scarl(d)	$	1,015,111
	408,772	Banca Popolare di Milano Scarl(d)		328,880
	83,121	Banca Popolare di Sondrio SCARL		324,046
	100,263	Banco Popolare SC(d)		1,271,188
	2,317	Biesse SpA		31,863
	2,579	Brembo SpA		90,925
	41,617	Buzzi Unicem SpA		511,654
	12,711	Cementir Holding SpA		85,175
	155,163	CIR-Compagnie Industriali Riunite SpA(d)		171,476
	29,592	Credito Emiliano SpA		231,062
	37,774	Credito Valtellinese SC(d)		42,684
	4,557	Danieli & C Officine Meccaniche SpA		111,845
	4,885	Datalogic SpA		54,924
	23,304	Davide Campari-Milano SpA		158,000
	14,931	DeA Capital SpA(d)		29,627
	23,657	Delclima(d)		52,262
	10,624	De’Longhi SpA		191,841
	7,780	DiaSorin SpA		310,599
	2,953	Ei Towers SpA(d)		146,522
	2,445	Engineering SpA		119,576
	30,528	ERG SpA		363,938
	5,852	Esprinet SpA		40,040
	9,629	Eurotech SpA(d)		22,349
	59,325	Falck Renewables SpA		65,562
	195,336	Finmeccanica SpA(d)		2,138,860
	15,732	FNM SpA		9,635
	28,892	Gruppo Editoriale L’Espresso SpA(d)		36,598
	12,807	Gtech SpA		251,810
	51,774	Hera SpA		126,954
	19,593	Immobiliare Grande Distribuzione SIIQ SpA REIT		16,140
	33,162	IMMSI SpA(d)		23,851
	3,035	Industria Macchine Automatiche SpA		134,198
	198,830	Intek Group SpA(d)		75,402
	7,391	Interpump Group SpA		105,316
	61,258	Iren SpA		71,229
	84,914	Italcementi SpA		585,309
	3,505	Italmobiliare SpA		90,619
	23,268	Maire Tecnimont SpA(d)		51,534
	1,779	Mariella Burani SpA(b)(c)(d)		0
	9,386	MARR SpA		164,289
	205,623	Mediaset SpA(d)		937,311
	143,892	Mediobanca SpA		1,250,372
	6,134	Mediolanum SpA		43,702
	166,177	Parmalat SpA		471,326
	50,326	Piaggio & C SpA(d)		153,544
	53,816	Pirelli & C. SpA		765,012
	42,758	Prysmian SpA		792,387
	30,604	Recordati SpA		506,631

Shares			Value
ITALY (continued)
	490	Reply SpA	$	38,011
	70,103	Retelit SpA(d)		44,123
	5,423	Safilo Group SpA(d)		77,519
	153,639	Saipem SpA(d)		1,394,098
	48,108	Salini Impregilo SpA(d)		175,589
	9,328	Salvatore Ferragamo SpA		270,472
	56,253	Saras SpA(d)		62,993
	3,675	SAVE SpA		55,148
	31,466	Societa Cattolica di Assicurazioni SCRL		243,206
	36,780	Societa Iniziative Autostradali e Servizi SpA		368,232
	15,879	Sogefi SpA(d)		45,827
	11,520	SOL SpA		91,123
	60,496	Sorin SpA(d)		140,685
	99,621	Terna Rete Elettrica Nazionale SpA		437,001
	20,102	Tiscali SpA(d)		1,229
	413	Tod’s SpA		42,469
	34,001	Trevi Finanziaria Industriale SpA		102,968
	6,610	Uni Land SpA(b)(c)(d)		0
	248,355	Unione di Banche Italiane SCPA		1,714,709
	141,916	Unipol Gruppo Finanziario SpA		716,828
	292,874	UnipolSai SpA		813,465
	10,354	Vittoria Assicurazioni SpA		108,166
	23,496	World Duty Free SpA(d)		259,397
	13,735	Yoox SpA(d)		298,148
	3,856	Zignago Vetro SpA		23,616
				23,488,486
JAPAN — 5.4%
	77,000	77 Bank Ltd. (The)		429,490
	300	A&D Co. Ltd.		1,262
	3,100	ABC-Mart, Inc.		155,488
	26,500	Accordia Golf Co. Ltd.		271,025
	30,000	Achilles Corp.		38,832
	1,300	Adastria Holdings Co. Ltd.		34,484
	32,000	ADEKA Corp.		396,492
	11,400	Aderans Co. Ltd.		101,739
	5,200	Advan Co. Ltd.		58,540
	106	Advance Residence Investment Corp. REIT		272,154
	22,000	Advanex, Inc.		34,472
	30,700	Advantest Corp.		395,286
	7,935	Aeon Co. Ltd.		84,431
	6,600	Aeon Delight Co. Ltd.		148,771
	12,000	Aeon Fantasy Co. Ltd.		161,458
	8,300	Aeon Financial Service Co. Ltd.		150,903
	1,500	Agro-Kanesho Co. Ltd.		13,744
	26,800	Ahresty Corp.		146,746
	2,000	Ai Holdings Corp.		35,170
	14,200	Aica Kogyo Co. Ltd.		318,632
	3,300	Aichi Bank Ltd. (The)		162,991
	3,800	Aichi Corp.		18,704

Shares			Value
JAPAN (continued)
	90,000	Aichi Steel Corp.	$	376,309
	16,000	Aichi Tokei Denki Co. Ltd.		44,418
	23,700	Aida Engineering Ltd.		236,536
	29,900	Aiful Corp.(d)		99,302
	10,200	Ain Pharmaciez, Inc.		330,503
	3,700	Aiphone Co. Ltd.		58,385
	61,000	Air Water, Inc.		1,059,176
	11,300	Airport Facilities Co. Ltd.		67,071
	28,900	Aisan Industry Co. Ltd.		254,472
	27,700	Aizawa Securities Co. Ltd.		140,116
	7,400	Akebono Brake Industry Co. Ltd.		26,341
	115,000	Akita Bank Ltd. (The)		321,213
	3,400	Alconix Corp.		53,043
	75,400	Alfresa Holdings Corp.		902,129
	10,700	Alinco, Inc.		111,073
	72,400	Allied Telesis Holdings KK		57,955
	3,100	Alpen Co. Ltd.		45,670
	2,800	Alpha Corp.		28,470
	10,500	Alpine Electronics, Inc.		164,255
	39,300	Alps Electric Co. Ltd.		828,971
	3,300	Alps Logistics Co. Ltd.		38,247
	25,700	Amada Co. Ltd.		236,362
	16,800	Amano Corp.		180,261
	500	Amiyaki Tei Co. Ltd.		16,691
	4,500	Amuse, Inc.		117,261
	21,100	Anest Iwata Corp.		141,230
	12,500	Anritsu Corp.		82,390
	300	AOI Electronics Co. Ltd.		13,744
	1,800	AOI Pro, Inc.		11,987
	20,300	AOKI Holdings, Inc.		236,658
	119,000	Aomori Bank Ltd. (The)		353,665
	6,400	Aoyama Trading Co. Ltd.		216,095
	92,000	Aozora Bank Ltd.		336,882
	9,700	Arakawa Chemical Industries Ltd.		99,371
	16,000	Araya Industrial Co. Ltd.		25,070
	15,400	Arcland Sakamoto Co. Ltd.		288,906
	9,738	Arcs Co. Ltd.		201,842
	97,100	Arealink Co. Ltd.		113,282
	2,700	Argo Graphics, Inc.		42,306
	170,100	Ariake Japan Co. Ltd.(c)		4,649,757
	10,200	Arisawa Manufacturing Co. Ltd.		78,435
	2,200	Artnature, Inc.		23,118
	3,290	As One Corp.		88,393
	10,000	Asahi Diamond Industrial Co. Ltd.		102,955
	11,950	Asahi Holdings, Inc.		178,797
	4,700	Asahi Intecc Co. Ltd.		251,350
	13,000	Asahi Kogyosha Co. Ltd.		44,946
	27,000	Asahi Organic Chemicals Industry Co. Ltd.		67,138
	13,000	Asanuma Corp.(d)		16,716
	4,500	Asatsu-DK, Inc.		113,506
	2,300	Asax Co. Ltd.		29,888
	35,900	Ashikaga Holdings Co. Ltd.		148,271

Shares			Value
JAPAN (continued)
	24,000	Ashimori Industry Co. Ltd.(d)	$	32,700
	30,600	Asics Corp.		758,290
	9,000	ASKA Pharmaceutical Co. Ltd.		96,798
	10,400	Asunaro Aoki Construction Co. Ltd.		70,851
	10,200	Atom Corp.		76,871
	41,000	Atsugi Co. Ltd.		40,850
	46,600	Autobacs Seven Co. Ltd.		686,520
	19,000	Avex Group Holdings, Inc.		322,626
	57,000	Awa Bank Ltd. (The)		309,682
	12,200	Axial Retailing, Inc.		282,170
	9,300	Azbil Corp.		232,995
	75,000	Bando Chemical Industries Ltd.		275,270
	5,400	Bank of Iwate Ltd. (The)		221,187
	127,000	Bank of Kochi Ltd. (The)		166,550
	121,000	Bank of Kyoto Ltd. (The)		1,024,219
	60,000	Bank of Nagoya Ltd. (The)		218,173
	11,100	Bank of Okinawa Ltd. (The)		447,100
	104,000	Bank of Saga Ltd. (The)		239,121
	20,600	Bank of the Ryukyus Ltd.		287,344
	11,100	Belc Co. Ltd.		309,567
	34,500	Belluna Co. Ltd.		148,659
	19,400	Benesse Holdings, Inc.		582,347
	8,700	Bic Camera, Inc.		99,202
	4,700	Biofermin Pharmaceutical Co. Ltd.		119,231
	23,300	Bit-Isle, Inc.		100,597
	5,900	BML, Inc.		158,516
	3,400	Bookoff Corp.		24,871
	7,900	Broadleaf Co. Ltd.		122,843
	44,200	Brother Industries Ltd.		765,586
	30,000	Bunka Shutter Co. Ltd.		244,486
	800	C Uyemura & Co. Ltd.		40,739
	23,300	Calbee, Inc.		917,674
	97,000	Calsonic Kansei Corp.		558,392
	900	Can Do Co. Ltd.		11,757
	14,600	Canon Electronics, Inc.		259,351
	12,000	Canon Marketing Japan, Inc.		219,399
	15,400	Capcom Co. Ltd.		260,054
	3,400	Carlit Holdings Co., Ltd.		20,789
	23,500	Casio Computer Co. Ltd.		372,022
	5,800	Cawachi Ltd.		92,806
	117,000	Central Glass Co. Ltd.		495,180
	1,700	Central Security Patrols Co. Ltd.		17,444
	1,300	Central Sports Co. Ltd.		22,130
	32,350	Century Tokyo Leasing Corp.		772,180
	5,100	CFS Corp.		34,614
	31,300	Chiba Kogyo Bank Ltd. (The)		215,366
	1,500	Chino Corp.		15,022
	4,000	Chiyoda Co. Ltd.		85,566
	14,900	Chiyoda Integre Co. Ltd.		281,175
	3,800	Chori Co. Ltd.		61,904
	11,700	Chubu Shiryo Co. Ltd.		65,659
	138,000	Chuetsu Pulp & Paper Co. Ltd.		347,850
	152,600	Chugai Mining Co. Ltd.(d)		36,386
	6,000	Chugai Ro Co. Ltd.		14,051

Shares			Value
JAPAN (continued)
	37,300	Chugoku Bank Ltd. (The)	$	535,217
	10,000	Chugoku Marine Paints Ltd.		88,989
	32,000	Chukyo Bank Ltd. (The)		56,408
	106,200	Citizen Holdings Co. Ltd.		855,533
	25,200	CKD Corp.		242,923
	21,000	Clarion Co. Ltd.(d)		62,590
	11,000	Cleanup Corp.		81,964
	10,100	CMIC Holdings Co. Ltd.		173,221
	34,723	Coca-Cola East Japan Co. Ltd.		582,511
	7,600	Coca-Cola West Co. Ltd.		109,246
	1,490	Cocokara Fine, Inc.		37,152
	6,700	COLOPL Inc.		154,449
	3,500	Colowide Co. Ltd.		59,342
	6,100	Computer Engineering & Consulting Ltd.		52,569
	38,300	COMSYS Holdings Corp.		526,409
	17,900	CONEXIO Corp.		162,034
	1,100	COOKPAD, Inc.(d)		44,448
	5,200	Corona Corp.		51,810
	252,000	Cosmo Oil Co. Ltd.		341,208
	2,500	Cosmos Pharmaceutical Corp.		404,496
	5,500	Create SD Holdings Co. Ltd.		187,580
	13,500	Credit Saison Co. Ltd.		230,154
	4,200	CTI Engineering Co. Ltd.		52,397
	3,900	CyberAgent, Inc.		173,363
	133,000	Dai Nippon Toryo Co. Ltd.		173,286
	36,600	Daicel Corp.		459,721
	6,000	Dai-Dan Co. Ltd.		34,233
	67,000	Daido Kogyo Co. Ltd.		143,209
	4,500	Daido Metal Co. Ltd.		42,613
	148,000	Daido Steel Co. Ltd.		584,791
	4,300	Daidoh Ltd.		18,748
	8,300	Daifuku Co. Ltd.		96,055
	23,000	Daihatsu Diesel Manufacturing Co. Ltd.		186,068
	51,000	Daihen Corp.		248,420
	13,000	Daiichi Jitsugyo Co. Ltd.		67,751
	3,500	Daiichi Kigenso Kagaku-Kogyo Co. Ltd.		140,680
	1,300	Dai-ichi Seiko Co. Ltd.		24,067
	11,800	Daiichikosho Co. Ltd.		343,158
	72,000	Daiken Corp.		164,319
	19,000	Daiki Aluminium Industry Co. Ltd.		50,805
	11,200	Daikoku Denki Co. Ltd.		180,547
	4,700	Daikokutenbussan Co. Ltd.		182,909
	22,000	Daikyo, Inc.		32,785
	39,000	Dainichiseika Color & Chemicals Manufacturing Co. Ltd.		214,545
	37,000	Daio Paper Corp.		321,383
	27,000	Daisan Bank Ltd. (The)		45,065
	4,910	Daiseki Co. Ltd.		84,126
	104,000	Daishi Bank Ltd. (The)		348,940
	6,000	Daishinku Corp.		17,628
	24,000	Daiso Co. Ltd.		90,130

Shares			Value
JAPAN (continued)
	181,000	Daito Bank Ltd. (The)	$	218,871
	10,600	Daito Pharmaceutical Co. Ltd.		225,666
	30	Daiwa House Residential Investment Corp. REIT		141,276
	8,800	Daiwa Industries Ltd.		53,806
	178,000	Daiwabo Holdings Co. Ltd.		298,612
	10,400	DC Co. Ltd.		41,536
	43,860	DCM Holdings Co. Ltd.		294,691
	40,400	Dena Co. Ltd.		534,286
	241,000	Denki Kagaku Kogyo KK		958,418
	11,000	Denki Kogyo Co. Ltd.		49,085
	15,000	Denyo Co. Ltd.		250,106
	14,000	Descente Ltd.		159,516
	317,000	DIC Corp.		793,647
	13,000	Digital Arts, Inc.		124,874
	2,300	Disco Corp.		212,901
	23,000	DKS Co. Ltd.		73,840
	5,500	DMG Mori Seiki Co. Ltd.		72,362
	4,100	Don Quijote Co. Ltd.		300,962
	2,400	Doshisha Co. Ltd.		37,727
	4,574	Doutor Nichires Holdings Co. Ltd.		65,204
	112,000	Dowa Holdings Co. Ltd.		904,164
	6,300	Dr Ci:Labo Co. Ltd.		217,278
	400	DSB Co. Ltd.		2,650
	3,200	DTS Corp.		67,690
	2,300	Dunlop Sports Co. Ltd.		25,540
	12,100	Duskin Co. Ltd.		191,861
	7,600	Dydo Drinco, Inc.		313,242
	2,000	Dynic Corp.		3,032
	10,600	Eagle Industry Co. Ltd.		199,760
	274,000	Ebara Corp.		1,066,320
	800	Ebara Jitsugyo Co. Ltd.		9,674
	63,000	EDION Corp.		470,502
	7,400	eGuarantee, Inc.		108,640
	110,000	Ehime Bank Ltd. (The)		235,119
	8,000	Eidai Co. Ltd.		30,929
	105,000	Eighteenth Bank Ltd. (The)		305,799
	11,200	Eiken Chemical Co. Ltd.		174,824
	3,400	Eizo Corp.		74,468
	6,300	Elecom Co. Ltd.		143,887
	700	Elematec Corp.		15,511
	5,800	Emori Group Holdings Co. Ltd.		51,466
	6,500	en-japan, Inc.		95,040
	4,500	Enplas Corp.		161,905
	3,300	EPS Holdings Inc.		41,254
	4,200	ESPEC Corp.		38,305
	1,400	Excel Co. Ltd.		15,487
	18,400	Exedy Corp.		407,548
	10,100	Ezaki Glico Co. Ltd.		418,002
	6,700	F@N Communications, Inc.		76,625
	3,000	FALCO HOLDINGS Co. Ltd.		33,186
	6,300	FamilyMart Co. Ltd.		274,683
	338,600	FCC Co. Ltd.		6,502,112
	35,680	Feed One Holdings Co. Ltd.(d)		33,422
	19,300	Ferrotec Corp.		97,955

Shares			Value
JAPAN (continued)
	93,800	FIDEA Holdings Co. Ltd.	$	168,541
	12,100	Fields Corp.		154,457
	1,000	Findex, Inc.		59,610
	18,200	Foster Electric Co. Ltd.		346,084
	2,200	FP Corp.		77,374
	27,000	France Bed Holdings Co. Ltd.		41,386
	30	Frontier Real Estate Investment Corp. REIT		137,188
	16,400	F-Tech, Inc.		163,260
	88,100	Fudo Tetra Corp.		181,557
	5,500	Fuji Co. Ltd.		100,277
	10,600	Fuji Corp. Ltd.		60,569
	96,000	Fuji Electric Co. Ltd.		415,294
	7,500	Fuji Electronics Co. Ltd.		91,267
	13,000	Fuji Kiko Co. Ltd.		59,559
	12,000	Fuji Kyuko Co. Ltd.		126,509
	13,700	Fuji Media Holdings, Inc.		173,481
	3,700	Fuji Oil Co. Ltd.		11,091
	2,700	Fuji Oil Co. Ltd.		34,880
	9,200	Fuji Pharma Co. Ltd.		161,155
	300	Fuji Seal International, Inc.		9,670
	11,800	Fuji Soft, Inc.		238,150
	27,000	Fujibo Holdings, Inc.		71,736
	4,600	Fujicco Co. Ltd.		82,301
	37,500	Fujikura Kasei Co. Ltd.		184,259
	220,000	Fujikura Ltd.		923,614
	1,200	Fujikura Rubber Ltd.		8,196
	6,800	Fujimori Kogyo Co. Ltd.		193,698
	115,500	Fujisash Co. Ltd.(d)		153,436
	1,200	Fujishoji Co. Ltd.		15,114
	13,000	Fujita Kanko, Inc.		51,810
	27,300	Fujitec Co. Ltd.		282,462
	5,300	Fujitsu Frontech Ltd.		61,201
	14,000	Fujitsu General Ltd.		138,414
	7,700	FuKoKu Co. Ltd.		84,521
	13,000	Fukuda Corp.		104,394
	2,300	Fukuda Denshi Co. Ltd.		114,579
	140,000	Fukui Bank Ltd. (The)		314,741
	63,000	Fukuoka Financial Group, Inc.		317,602
	238,000	Fukushima Bank Ltd. (The)		176,326
	8,800	Fukushima Industries Corp.		132,866
	70,000	Fukuyama Transporting Co. Ltd.		393,426
	3,000	Funai Soken Holdings, Inc.		24,321
	42,000	Furukawa Co. Ltd.		69,744
	331,000	Furukawa Electric Co. Ltd.		555,284
	8,100	Furuno Electric Co. Ltd.		83,876
	4,000	Furusato Industries Ltd.		54,296
	3,500	Fuso Chemical Co. Ltd.		36,690
	11,000	Fuso Pharmaceutical Industries Ltd.		28,383
	49,800	Futaba Industrial Co. Ltd.		251,057
	22,500	Future Architect, Inc.		123,967
	12,200	Fuyo General Lease Co. Ltd.		396,347
	20,000	Gakken Holdings Co. Ltd.		42,238
	3,400	Gecoss Corp.		45,717

Shares			Value
JAPAN (continued)
	1,700	Genki Sushi Co. Ltd.	$	41,288
	25,100	Geo Holdings Corp.		246,447
	132,000	GLOBERIDE, Inc.		215,822
	21,100	Glory Ltd.		558,810
	145	GLP J - REIT		165,213
	14,800	GMO Internet, Inc.		123,512
	6,100	GMO Payment Gateway, Inc.		107,008
	7,000	Godo Steel Ltd.		11,386
	2,680	Goldcrest Co. Ltd.		42,175
	19,000	Goldwin, Inc.		107,272
	19,100	Gree, Inc.		109,301
	97,000	GS Yuasa Corp.		441,923
	24,000	GSI Creos Corp.		26,978
	14,500	G-Tekt Corp.		139,159
	10,800	Gulliver International Co. Ltd.		86,727
	16,000	Gun-Ei Chemical Industry Co. Ltd.		46,598
	69,000	Gunma Bank Ltd. (The)		457,727
	32,000	Gunze Ltd.		83,386
	9,200	Gurunavi, Inc.		148,306
	7,200	H.I.S. Co. Ltd.		249,544
	41,635	H2O Retailing Corp.		740,658
	162,000	Hachijuni Bank Ltd. (The)		1,078,804
	2,800	Hagihara Industries, Inc.		46,496
	3,500	Hakudo Co. Ltd.		33,858
	49,400	Hakuhodo DY Holdings, Inc.		496,398
	4,800	Hakuto Co. Ltd.		49,991
	7,100	Hamakyorex Co. Ltd.		252,427
	5,300	Hamamatsu Photonics KK		252,295
	108,000	Hanwa Co. Ltd.		407,426
	7,000	Happinet Corp.		78,685
	7,400	Hard Off Corp. Co. Ltd.		71,334
	2,400	Harmonic Drive Systems, Inc.		38,546
	75,000	Haseko Corp.		616,325
	20,860	Hazama Ando Corp.		137,847
	10,200	Heiwa Corp.		206,206
	2,300	Heiwa Real Estate Co. Ltd.		33,081
	25,900	Heiwado Co. Ltd.		552,054
	16,800	Hibiya Engineering Ltd.		223,180
	7,240	Hiday Hidaka Corp.		228,735
	36,700	Higashi Nihon House Co. Ltd.		161,264
	86,000	Higashi-Nippon Bank Ltd. (The)		243,873
	66,000	Higo Bank Ltd. (The)		361,390
	8,100	HI-LEX Corp.		233,488
	100	Hiramatsu, Inc.		548
	15,100	Hirano Tecseed CO Ltd.		108,142
	2,500	Hirose Electric Co. Ltd.		302,734
	213,000	Hiroshima Bank Ltd. (The)		1,070,169
	14,400	Hisamitsu Pharmaceutical Co., Inc.		492,958
	30,400	Hitachi Capital Corp.		604,738
	20,800	Hitachi Chemical Co. Ltd.		423,156
	9,200	Hitachi Construction Machinery Co. Ltd.		172,515

Shares			Value
JAPAN (continued)
	7,200	Hitachi High-Technologies Corp.	$	226,552
	8,700	Hitachi Koki Co. Ltd.		63,270
	17,000	Hitachi Kokusai Electric, Inc.		233,509
	29,900	Hitachi Transport System Ltd.		394,151
	43,800	Hitachi Zosen Corp.		242,442
	11,000	Hochiki Corp.		83,931
	10,000	Hodogaya Chemical Co. Ltd.		16,350
	121,000	Hogy Medical Co. Ltd.(c)		6,326,663
	12,800	Hokkaido Electric Power Co., Inc.(d)		103,987
	25,000	Hokkan Holdings Ltd.		63,868
	12,000	Hokko Chemical Industry Co. Ltd.		42,204
	61,000	Hokkoku Bank Ltd. (The)		196,355
	74,000	Hokuetsu Bank Ltd. (The)		135,485
	2,000	Hokuetsu Industries Co. Ltd.		18,343
	16,200	Hokuetsu Kishu Paper Co. Ltd.		76,979
	794,000	Hokuhoku Financial Group, Inc.		1,649,800
	5,000	Hokuriku Electric Industry Co. Ltd.		7,494
	22,900	Hokuriku Electric Power Co.		325,861
	6,000	Hokuriku Electrical Construction Co. Ltd.		41,284
	2,500	Hokuto Corp.		46,134
	3,320	Honeys Co. Ltd.		29,742
	5,700	Hoosiers Holdings Co. Ltd.		24,076
	117,800	Horiba Ltd.		3,877,178
	4,600	Hoshizaki Electric Co. Ltd.		235,425
	5,000	Hosokawa Micron Corp.		31,040
	30,000	House Foods Group, Inc.		604,445
	23,700	Howa Machinery Ltd.		149,954
	68,000	Hyakugo Bank Ltd. (The)		290,113
	61,000	Hyakujushi Bank Ltd. (The)		206,744
	25,300	Ibiden Co. Ltd.		384,358
	5,500	IBJ Leasing Co. Ltd.		104,492
	1,200	Ichibanya Co. Ltd.		49,970
	6,000	Ichikoh Industries Ltd.		12,467
	7,300	ICHINEN Holdings Co. Ltd.		68,381
	1,500	Icom, Inc.		35,000
	2,800	Idec Corp.		24,869
	15,700	Idemitsu Kosan Co. Ltd.		263,917
	11,400	Ihara Chemical Industry Co. Ltd.		129,406
	26,036	Iida Group Holdings Co. Ltd.		327,473
	39,100	Iino Kaiun Kaisha Ltd.		230,744
	5,680	IJT Technology Holdings Co. Ltd.(d)		24,910
	10,900	Imasen Electric Industrial		142,109
	2,200	Inaba Denki Sangyo Co. Ltd.		74,845
	300	Inaba Seisakusho Co. Ltd.		3,408
	13,200	Inabata & Co. Ltd.		121,512
	5,600	Inageya Co. Ltd.		62,233
	3,300	Ines Corp.		24,870
	4,200	I-Net Corp.		32,332

Shares			Value
JAPAN (continued)
	18,500	Information Services International-Dentsu Ltd.	$	181,802
	2,400	Innotech Corp.		10,035
	11,700	Intage Holdings, Inc.		166,588
	2,400	Internet Initiative Japan, Inc.		50,829
	1,100	Inui Warehouse Co. Ltd.		9,199
	3,100	Iriso Electronics Co. Ltd.		181,623
	5,000	Ise Chemical Corp.		32,615
	26,000	Iseki & Co. Ltd.		50,038
	27,200	Isetan Mitsukoshi Holdings Ltd.		389,134
	145,000	Ishihara Sangyo Kaisha Ltd.(d)		127,182
	57,566	IT Holdings Corp.		963,764
	14,000	Ito En Ltd.		269,914
	8,700	Ito En Ltd. - Preference Shares		135,875
	26,200	Itochu Enex Co. Ltd.		205,709
	5,600	Itochu Techno-Solutions Corp.		201,005
	1,300	Itochu-Shokuhin Co. Ltd.		44,503
	35,000	Itoham Foods, Inc.		200,290
	49,400	Itoki Corp.		245,254
	16,400	IwaiCosmo Holdings, Inc.		189,096
	86,000	Iwasaki Electric Co. Ltd.		169,905
	48,000	Iwatani Corp.		313,106
	11,000	Iwatsu Electric Co. Ltd.		9,086
	77,600	Iyo Bank Ltd. (The)		904,001
	11,000	Izumi Co. Ltd.		398,110
	46,000	Izutsuya Co. Ltd.(d)		25,070
	12,200	J Trust Co. Ltd.		100,048
	17,400	J. Front Retailing Co. Ltd.		223,890
	24,000	Jaccs Co. Ltd.		112,816
	3,600	Jafco Co. Ltd.		119,714
	900	Jalux, Inc.		16,692
	1,900	Jamco Corp.		52,018
	44,000	Janome Sewing Machine Co. Ltd.(d)		51,333
	7,400	Japan Airport Terminal Co. Ltd.		337,137
	30,000	Japan Aviation Electronics Industry Ltd.		688,751
	17,300	Japan Communications, Inc.(d)		75,429
	7,700	Japan Digital Laboratory Co. Ltd.		106,684
	210	Japan Hotel REIT Investment Corp.		138,772
	3,900	Japan Medical Dynamic Marketing, Inc.		19,196
	3,100	Japan Petroleum Exploration Co. Ltd.		94,771
	15,100	Japan Pile Corp.		100,684
	54	Japan Prime Realty Investment Corp. REIT		189,458
	42,000	Japan Pulp & Paper Co. Ltd.		119,101
	60,000	Japan Radio Co. Ltd.(d)		192,625
	157	Japan Retail Fund Investment Corp. REIT		341,194
	22,900	Japan Securities Finance Co. Ltd.		114,471
	101,000	Japan Steel Works Ltd. (The)		406,821
	62,000	Japan Transcity Corp.		199,574

Shares			Value
JAPAN (continued)
	16,000	Japan Vilene Co. Ltd.	$	82,023
	29,300	Japan Wind Development Co. Ltd.(d)		106,790
	31,000	Japan Wool Textile Co. Ltd. (The)		207,494
	1,000	Jastec Co. Ltd.		7,766
	6,000	JBCC Holdings, Inc.		38,729
	1,000	JCU Corp.		46,581
	39,000	Jeol Ltd.		190,633
	13,400	Jimoto Holdings, Inc.		25,333
	5,000	JK Holdings Co. Ltd.		23,674
	9,000	JMS Co. Ltd.		22,149
	28,000	Joban Kosan Co. Ltd.		37,674
	39,000	J-Oil Mills, Inc.		140,152
	20,000	Joshin Denki Co. Ltd.		168,952
	1,600	Jowa Holdings Co. Ltd.		49,936
	52,000	Joyo Bank Ltd. (The)		263,919
	8,000	JSP Corp.		160,777
	15,800	JSR Corp.		281,609
	22,000	JTEKT Corp.		367,947
	59,000	Juki Corp.		195,947
	66,000	Juroku Bank Ltd. (The)		219,756
	64,900	JVC Kenwood Corp.(d)		154,748
	5,200	K&O Energy Group, Inc.		67,264
	17,200	kabu.com Securities Co. Ltd.		94,034
	2,000	Kabuki-Za Co. Ltd.		85,838
	10,500	Kaga Electronics Co. Ltd.		134,748
	54,000	Kagoshima Bank Ltd. (The)		340,748
	66,000	Kajima Corp.		263,595
	42,000	Kakaku.com, Inc.		600,511
	20,000	Kaken Pharmaceutical Co. Ltd.		429,362
	8,400	Kameda Seika Co. Ltd.		283,982
	30,200	Kamei Corp.		200,853
	82,000	Kamigumi Co. Ltd.		826,075
	13,000	Kanaden Corp.		87,899
	3,000	Kanagawa Chuo Kotsu Co. Ltd.		15,073
	6,000	Kanamoto Co. Ltd.		157,626
	12,000	Kandenko Co. Ltd.		71,328
	112,000	Kaneka Corp.		689,568
	303,000	Kanematsu Corp.		436,064
	8,000	Kanematsu Electronics Ltd.		120,923
	20,000	Kansai Paint Co. Ltd.		352,210
	12,300	Kansai Urban Banking Corp.		124,749
	37,000	Kanto Denka Kogyo Co. Ltd.(d)		177,391
	24,100	Kasai Kogyo Co. Ltd.		207,281
	9,300	Kasumi Co. Ltd.		78,325
	5,000	Katakura Industries Co. Ltd.		52,116
	6,200	Kato Sangyo Co. Ltd.		114,570
	36,000	Kato Works Co. Ltd.		284,799
	2,400	KAWADA Technologies, Inc.		85,941
	3,200	Kawai Musical Instruments Manufacturing Co. Ltd.		63,657
	131,000	Kawasaki Heavy Industries Ltd.		634,753
	834,000	Kawasaki Kisen Kaisha Ltd.		2,414,715
	3,400	Kawasumi Laboratories, Inc.		21,831

Shares			Value
JAPAN (continued)
	79,000	Keihan Electric Railway Co. Ltd.	$	482,355
	39,700	Keihanshin Building Co. Ltd.		237,328
	8,000	Keihin Co. Ltd. (The)		12,944
	32,700	Keihin Corp.		525,740
	46,000	Keisei Electric Railway Co. Ltd.		596,985
	71,000	Keiyo Bank Ltd. (The)		391,186
	11,100	Keiyo Co. Ltd.		52,839
	5,900	Kenko Mayonnaise Co. Ltd.		84,307
	11,800	Kewpie Corp.		275,330
	1,825	KEY Coffee, Inc.		26,358
	2,000	KFC Holdings Japan Ltd.		37,214
	14,000	Kikkoman Corp.		416,674
	8,200	Kimoto Co. Ltd.		20,879
	8,000	Kinden Corp.		95,512
	4,500	Kintetsu World Express, Inc.		193,136
	10,000	Kinugawa Rubber Industrial Co. Ltd.		45,218
	2,600	Kissei Pharmaceutical Co. Ltd.		78,600
	136,000	Kitagawa Iron Works Co. Ltd.		274,478
	2,600	Kita-Nippon Bank Ltd. (The)		68,747
	59,000	Kitano Construction Corp.		178,864
	12,900	Kito Corp.		124,902
	24,100	Kitz Corp.		115,544
	27,700	Kiyo Bank Ltd. (The)		345,572
	81,000	KNT-CT Holdings Co. Ltd.(d)		111,053
	20,800	Koa Corp.		192,360
	22,000	Koatsu Gas Kogyo Co. Ltd.		112,969
	4,800	Kobayashi Pharmaceutical Co. Ltd.		323,325
	297,000	Kobe Steel Ltd.		526,067
	13,400	Koei Tecmo Holdings Co. Ltd.		203,916
	9,600	Kohnan Shoji Co. Ltd.		109,137
	1,300	Kohsoku Corp.		9,908
	3,000	Koike Sanso Kogyo Co. Ltd.		10,781
	10,100	Koito Manufacturing Co. Ltd.		332,424
	2,600	Kokusai Co. Ltd.		42,134
	13,800	Kokuyo Co. Ltd.		105,883
	12,000	KOMAIHALTEC, Inc.		28,715
	7,500	Komatsu Wall Industry Co. Ltd.		159,989
	17,900	Komeri Co. Ltd.		386,108
	4,600	Konaka Co. Ltd.		24,169
	14,000	Konami Corp.		263,357
	23,600	Kondotec, Inc.		166,203
	41,600	Konica Minolta, Inc.		462,655
	12,000	Konishi Co.Ltd.		207,341
	7,200	Konoike Transport Co. Ltd.		148,868
	2,700	Kose Corp.		121,860
	6,900	Koshidaka Holdings Co. Ltd.		126,272
	2,000	Kourakuen Corp.		27,932
	12,000	Krosaki Harima Corp.		24,933
	4,200	KRS Corp.		51,503
	22,028	K’s Holdings Corp.		650,917
	2,000	KU Holdings Co. Ltd.		10,832
	39,000	Kumagai Gumi Co. Ltd.(d)		124,542
	6,700	Kura Corp.		202,831

Shares			Value
JAPAN (continued)
	82,000	Kurabo Industries Ltd.	$	138,261
	31,500	Kuraray Co. Ltd.		399,148
	60,000	Kureha Corp.		252,406
	40,000	Kurimoto Ltd.		75,620
	16,000	Kurita Water Industries Ltd.		344,035
	19,400	Kuroda Electric Co. Ltd.		279,857
	4,000	Kusuri No Aoki Co. Ltd.		267,393
	174,000	KYB Co. Ltd.		697,897
	43,000	Kyodo Printing Co. Ltd.		145,006
	2,000	Kyoei Sangyo Co. Ltd.		3,372
	6,700	Kyoei Steel Ltd.		125,465
	8,700	Kyokuto Kaihatsu Kogyo Co. Ltd.		99,202
	7,800	Kyokuto Securities Co. Ltd.		113,583
	16,000	Kyokuyo Co. Ltd.		37,742
	19,000	KYORIN Holdings, Inc.		387,184
	2,100	Kyoritsu Maintenance Co. Ltd.		118,207
	48,500	Kyoritsu Printing Co. Ltd.		120,600
	18,000	Kyosan Electric Manufacturing Co. Ltd.		57,634
	900	Kyoto Kimono Yuzen Co. Ltd.		7,679
	3,000	Kyowa Electronics Instruments Co. Ltd.		11,675
	58,500	Kyowa Exeo Corp.		622,711
	3,000	Kyudenko Corp.		40,645
	14,200	LAC Co. Ltd.		107,017
	2,800	Lasertec Corp.		34,955
	600	LEC, Inc.		6,688
	62,900	Leopalace21 Corp.(d)		410,835
	14,500	Life Corp.		208,184
	8,000	Lintec Corp.		177,740
	25,000	Lion Corp.		136,464
	6,000	Look, Inc.		11,343
	14,200	M3, Inc.		288,039
	3,800	Mabuchi Motor Co. Ltd.		157,592
	5,300	Macnica, Inc.		157,064
	4,000	Maeda Corp.		30,895
	55,000	Maeda Road Construction Co. Ltd.		874,904
	3,900	Maezawa Kasei Industries Co. Ltd.		43,208
	45,000	Makino Milling Machine Co. Ltd.		392,404
	2,300	Mandom Corp.		78,149
	300	Mani, Inc.		17,704
	3,300	Mars Engineering Corp.		58,620
	7,700	Marubun Corp.		52,063
	68,000	Marudai Food Co. Ltd.		244,367
	4,000	Marufuji Sheet Piling Co. Ltd.		12,365
	26,900	Marui Group Co. Ltd.		282,447
	10,300	Maruichi Steel Tube Ltd.		245,505
	33,900	Marusan Securities Co. Ltd.		237,008
	2,900	Maruwa Co. Ltd.		79,026
	74,000	Maruyama Manufacturing Co., Inc.		145,568
	20,000	Maruzen Showa Unyu Co. Ltd.		67,785

Shares			Value
JAPAN (continued)
	6,400	Marvelous, Inc.	$	97,011
	4,200	Matsuda Sangyo Co. Ltd.		47,819
	11,700	Matsumotokiyoshi Holdings Co. Ltd.		388,572
	700	Matsuya Foods Co. Ltd.		14,730
	6,000	Max Co. Ltd.		65,554
	2,400	Maxvalu Nishinihon Co. Ltd.		34,438
	3,700	Maxvalu Tokai Co. Ltd.		56,715
	2,400	MEC Co. Ltd.		18,762
	36,900	Medipal Holdings Corp.		434,266
	1,200	Megachips Corp.		14,449
	22,200	Megmilk Snow Brand Co. Ltd.		306,826
	88,000	Meidensha Corp.		265,281
	5,500	Meiko Network Japan Co. Ltd.		57,047
	3,000	Meisei Industrial Co. Ltd.		17,857
	6,000	Meitec Corp.		176,531
	14,700	Meiwa Corp.		57,959
	1,000	Melco Holdings, Inc.		15,814
	2,400	Message Co. Ltd.		64,379
	49,000	Michinoku Bank Ltd. (The)		92,217
	10,000	Mie Bank Ltd. (The)		22,311
	1,237	Milbon Co. Ltd.		35,131
	5,600	Mimasu Semiconductor Industry Co. Ltd.		63,711
	161,000	Minato Bank Ltd. (The)		311,224
	35,000	Minebea Co. Ltd.		547,518
	5,100	Ministop Co. Ltd.		69,054
	147,700	Miraca Holdings, Inc.		6,666,184
	6,240	Mirait Holdings Corp.		72,852
	21,200	Misawa Homes Co. Ltd.		189,018
	17,800	MISUMI Group, Inc.		672,256
	11,700	Mitani Corp.		269,509
	43,800	Mito Securities Co. Ltd.		154,417
	11,900	Mitsuba Corp.		213,922
	39,000	Mitsubishi Gas Chemical Co., Inc.		178,012
	15,000	Mitsubishi Logistics Corp.		225,709
	109,000	Mitsubishi Materials Corp.		347,151
	28,700	Mitsubishi Nichiyu Forklift Co. Ltd.		178,168
	124,000	Mitsubishi Paper Mills Ltd.(d)		91,867
	7,500	Mitsubishi Pencil Co. Ltd.		223,537
	6,200	Mitsubishi Research Institute, Inc.		149,997
	8,600	Mitsubishi Shokuhin Co. Ltd.		192,682
	51,000	Mitsubishi Steel Manufacturing Co. Ltd.		104,232
	45,800	Mitsubishi UFJ Lease & Finance Co. Ltd.		200,470
	38,000	Mitsuboshi Belting Co. Ltd.		312,271
	609,000	Mitsui Chemicals, Inc.		1,799,566
	375,000	Mitsui Engineering & Shipbuilding Co. Ltd.		616,325
	33,900	Mitsui High-Tec, Inc.		229,791
	14,000	Mitsui Home Co. Ltd.		59,014
	41,000	Mitsui Matsushima Co. Ltd.		43,643

Shares			Value
JAPAN (continued)
	420,000	Mitsui Mining & Smelting Co. Ltd.	$	886,997
	80,000	Mitsui Osk Lines Ltd.		272,503
	66,000	Mitsui Sugar Co. Ltd.		224,815
	28,000	Mitsui-Soko Holdings Co. Ltd.		94,661
	10,200	Miura Co. Ltd.		116,219
	2,800	Mixi, Inc.		100,026
	30,000	Miyaji Engineering Group, Inc.		46,751
	93,000	Miyazaki Bank Ltd. (The)		324,704
	18,000	Miyoshi Oil & Fat Co. Ltd.		21,306
	42,000	Mizuno Corp.		207,800
	4,000	Mochida Pharmaceutical Co. Ltd.		221,068
	75,900	Monex Group, Inc.		157,708
	4,100	Monogatari Corp. (The)		142,451
	300	Monotaro Co. Ltd.		7,702
	80	Mori Trust Sogo Reit, Inc.		167,044
	26,000	Morinaga & Co. Ltd.		81,257
	137,000	Morinaga Milk Industry Co. Ltd.		594,993
	5,300	Morita Holdings Corp.		58,809
	22,000	Mory Industries, Inc.		78,310
	10,100	Moshi Moshi Hotline, Inc.		112,241
	3,100	MTI Ltd.		39,334
	2,000	Murakami Corp.		28,783
	233,000	Musashi Seimitsu Industry Co. Ltd.		4,428,647
	10,400	Musashino Bank Ltd. (The)		344,512
	28,300	Nabtesco Corp.		738,649
	11,200	NAC Co. Ltd.		101,671
	42,000	Nachi-Fujikoshi Corp.		228,187
	3,900	Nagaileben Co. Ltd.		64,762
	12,000	NaganoBank Ltd. (The)		21,357
	64,900	Nagase & Co. Ltd.		814,635
	7,000	Nagatanien Co. Ltd.		67,657
	97,000	Nagoya Railroad Co. Ltd.		383,275
	22,000	Nakabayashi Co. Ltd.		40,653
	6,100	Nakanishi, Inc.		224,925
	27,000	Nakayama Steel Works Ltd.(d)		18,624
	18,300	Namco Bandai Holdings, Inc.		373,854
	12,300	Namura Shipbuilding Co. Ltd.		126,216
	81,000	Nankai Electric Railway Co. Ltd.		325,573
	87,000	Nanto Bank Ltd. (The)		294,124
	3,600	Natori Co. Ltd.		43,011
	6,600	ND Software Co. Ltd.		139,666
	9,000	NDS Co. Ltd.		22,992
	3,300	NEC Capital Solutions Ltd.		50,021
	14,300	NEC Networks & System Integration Corp.		309,308
	11,200	NET One Systems Co. Ltd.		67,335
	9,900	Neturen Co. Ltd.		74,695
	17,300	Nexon Co. Ltd.		171,483
	13,000	NH Foods Ltd.		323,367
	99,300	NHK Spring Co. Ltd.		905,648
	24,000	Nice Holdings, Inc.		38,832
	6,000	Nichia Steel Works Ltd.		17,576

Shares			Value
JAPAN (continued)
	38,000	Nichias Corp.	$	210,338
	3,000	Nichiban Co. Ltd.		11,701
	5,300	Nichicon Corp.		40,755
	24,800	Nichiha Corp.		266,733
	24,600	Nichii Gakkan Co.		257,878
	16,450	Nichi-Iko Pharmaceutical Co. Ltd.		298,378
	139,000	Nichirei Corp.		742,170
	33,000	Nichireki Co. Ltd.		261,628
	371,400	Nifco, Inc.(c)		12,903,960
	13,500	NIFTY Corp.		151,175
	10,500	Nihon Kohden Corp.		523,972
	1,100	Nihon M&A Center, Inc.		38,500
	14,500	Nihon Nohyaku Co. Ltd.		172,252
	15,400	Nihon Parkerizing Co. Ltd.		370,738
	1,100	Nihon Tokushu Toryo Co. Ltd.		7,035
	15,300	Nihon Unisys Ltd.		135,241
	15,000	Nihon Yamamura Glass Co. Ltd.		21,843
	14,800	Nikkiso Co. Ltd.		131,452
	7,000	Nikko Co. Ltd.		23,904
	53,000	Nippo Corp.		832,709
	2,000	Nippon Air Conditioning Services Co. Ltd.		14,868
	15,000	Nippon Carbon Co. Ltd.		30,912
	31,000	Nippon Chemical Industrial Co. Ltd.(d)		82,628
	100,000	Nippon Chemi-Con Corp.(d)		286,128
	27,000	Nippon Chemiphar Co. Ltd.		128,758
	144,500	Nippon Coke & Engineering Co. Ltd.		135,357
	14,900	Nippon Concrete Industries Co. Ltd.		71,563
	1,005	Nippon Denko Co. Ltd.(d)		2,550
	20,000	Nippon Densetsu Kogyo Co. Ltd.		289,364
	146,000	Nippon Electric Glass Co. Ltd.		760,896
	81,000	Nippon Express Co. Ltd.		476,633
	6,100	Nippon Fine Chemical Co. Ltd.		43,946
	96,000	Nippon Flour Mills Co. Ltd.		456,987
	6,300	Nippon Gas Co. Ltd.		155,904
	1,800	Nippon Hume Corp.		13,382
	2,200	Nippon Jogesuido Sekkei Co. Ltd.		36,102
	6,900	Nippon Kanzai Co. Ltd.		151,068
	40,000	Nippon Kayaku Co. Ltd.		564,762
	16,000	Nippon Kinzoku Co. Ltd.(d)		19,620
	47,000	Nippon Koei Co. Ltd.		190,113
	27,000	Nippon Konpo Unyu Soko Co. Ltd.		424,210
	7,000	Nippon Koshuha Steel Co. Ltd.(d)		6,497
	481,900	Nippon Light Metal Holdings Co. Ltd.		726,359
	1,000	Nippon Paint Holdings Co. Ltd.		31,678
	87,000	Nippon Paper Industries Co. Ltd.		1,382,458

Shares			Value
JAPAN (continued)
	114,400	Nippon Parking Development Co. Ltd.	$	123,723
	16,000	Nippon Pillar Packing Co. Ltd.		120,174
	61,000	Nippon Piston Ring Co. Ltd.		124,151
	108	Nippon Prologis REIT, Inc. REIT		255,124
	4,000	Nippon Rietec Co. Ltd.		33,893
	53,000	Nippon Road Co. Ltd. (The)		255,454
	16,000	Nippon Seiki Co. Ltd.		364,472
	4,000	Nippon Seisen Co. Ltd.		22,856
	312,000	Nippon Sheet Glass Co. Ltd.(d)		289,602
	30,000	Nippon Shokubai Co. Ltd.		407,732
	25,900	Nippon Signal Co. Ltd. (The)		283,857
	54,000	Nippon Soda Co. Ltd.		309,938
	148,480	Nippon Steel & Sumikin Bussan Corp.		547,491
	32,000	Nippon Steel & Sumikin Texeng Co. Ltd.		140,066
	33,000	Nippon Suisan Kaisha Ltd.(d)		114,937
	41,000	Nippon Synthetic Chemical Industry Co. Ltd. (The)		254,177
	26,000	Nippon Thompson Co. Ltd.		127,310
	18,000	Nippon Valqua Industries Ltd.		47,824
	32,800	Nipro Corp.		289,371
	1,000	Nishikawa Rubber Co. Ltd.		16,674
	126,000	Nishimatsu Construction Co. Ltd.		511,811
	174,000	Nishi-Nippon City Bank Ltd. (The)		571,949
	28,000	Nishi-Nippon Railroad Co. Ltd.		121,843
	3,100	Nishio Rent All Co. Ltd.		95,959
	13,600	Nissan Chemical Industries Ltd.		253,400
	38,500	Nissan Shatai Co. Ltd.		427,851
	57,800	Nissan Tokyo Sales Holdings Co. Ltd.		129,943
	6,600	Nissei ASB Machine Co. Ltd.		156,977
	2,600	Nissei Plastic Industrial Co. Ltd.		30,886
	6,500	Nissha Printing Co. Ltd.		105,114
	41,700	Nisshin Fudosan Co. Ltd.		172,936
	18,000	Nisshin Oillio Group Ltd. (The)		65,758
	28,860	Nisshin Seifun Group, Inc.		356,357
	51,324	Nisshin Steel Co. Ltd.		538,895
	62,000	Nisshinbo Holdings, Inc.		703,262
	23,000	Nissin Corp.		57,583
	28,000	Nissin Electric Co. Ltd.		168,339
	15,700	Nissin Kogyo Co. Ltd.		242,258
	1,500	Nissin Sugar Co. Ltd.		31,525
	4,100	Nissui Pharmaceutical Co. Ltd.		44,237
	6,000	Nitta Corp.		145,159
	58,000	Nittetsu Mining Co. Ltd.		206,455
	80,000	Nitto Boseki Co. Ltd.		283,403
	17,400	Nitto Kogyo Corp.		338,280
	2,600	Nitto Kohki Co. Ltd.		48,710
	12,000	Nitto Seiko Co. Ltd.		38,627
	40,300	Nittoc Construction Co. Ltd.		194,585
	1,200	Noevir Holdings Co. Ltd.		21,971

Shares			Value
JAPAN (continued)
	130,000	NOF Corp.	$	839,138
	9,200	Nohmi Bosai Ltd.		115,950
	24,500	NOK Corp.		713,531
	11,400	Nomura Co. Ltd.		108,437
	50,600	Nomura Real Estate Holdings, Inc.		860,066
	131	Nomura Real Estate Master Fund, Inc. REIT		164,768
	33,000	Noritake Co. Ltd.		83,181
	16,400	Noritz Corp.		260,182
	225,800	North Pacific Bank Ltd.		849,899
	3,900	NS Solutions Corp.		95,549
	110,000	NS United Kaiun Kaisha Ltd.		363,451
	64,000	NTN Corp.		277,953
	2,600	Nuflare Technology, Inc.		95,759
	5,100	Obara Group, Inc.		256,672
	49,000	Obayashi Corp.		313,370
	41,000	Obayashi Road Corp.		242,306
	5,900	Obic Co. Ltd.		199,715
	5,100	Odelic Co. Ltd.		125,774
	88,000	Oenon Holdings, Inc.		162,616
	59,000	Ogaki Kyoritsu Bank Ltd. (The)		182,381
	16,000	Ohashi Technica, Inc.		213,370
	1,800	Ohsho Food Service Corp.		72,579
	12,345	Oiles Corp.		229,491
	91,000	Oita Bank Ltd. (The)		321,596
	84,000	Oji Holdings Corp.		319,748
	11,100	Okabe Co. Ltd.		96,509
	14,000	Okamoto Industries, Inc.		51,503
	11,900	Okamura Corp.		87,859
	19,000	Okasan Securities Group, Inc.		135,264
	274,000	Oki Electric Industry Co. Ltd.		564,660
	3,200	Okinawa Cellular Telephone Co.		92,787
	33,000	OKK Corp.		46,368
	40,000	OKUMA Corp.		345,057
	48,000	Okumura Corp.		221,136
	65,000	Okura Industrial Co. Ltd.		193,179
	14,000	Okuwa Co. Ltd.		114,570
	2,600	ONO Sokki Co. Ltd.		20,082
	2,400	Onoken Co. Ltd.		19,784
	12,000	Onward Holdings Co. Ltd.		77,868
	9,100	Open House Co. Ltd.		157,311
	25,100	OPT, Inc.(d)		137,438
	1,800	Optex Co. Ltd.		29,461
	6,000	Organo Corp.		24,321
	47,000	Origin Electric Co. Ltd.		200,920
	115	Orix JREIT, Inc. REIT		172,946
	8,600	Osaka Steel Co. Ltd.		163,314
	5,000	Osaki Electric Co. Ltd.		34,276
	15,200	OSG Corp.		282,306
	4,800	Otsuka Corp.		166,567
	3,500	Otsuka Kagu Ltd.		30,640
	2,700	Oyo Corp.		39,915
	54,000	Pacific Industrial Co. Ltd.		441,914
	11,650	Pack Corp. (The)		230,559

Shares			Value
JAPAN (continued)
	1,400	Pal Co. Ltd.	$	36,362
	8,350	Paltac Corp.		105,877
	19,000	PanaHome Corp.		114,877
	7,900	Panasonic Industrial Devices SUNX Co. Ltd.		56,308
	700	Panasonic Information Systems Co. Ltd.		17,776
	4,600	Paramount Bed Holdings Co. Ltd.		128,093
	4,500	Parco Co. Ltd.		38,436
	30,100	Park24 Co. Ltd.		517,772
	3,000	Pasco Corp.		8,609
	25,500	Pasona Group, Inc.		145,274
	46,300	Penta-Ocean Construction Co. Ltd.		178,213
	14,300	Pigeon Corp.		899,915
	5,300	Pilot Corp.		317,287
	7,900	Piolax, Inc.		382,117
	129,500	Pioneer Corp.(d)		245,921
	5,700	Plenus Co. Ltd.		98,632
	2,100	Pola Orbis Holdings, Inc.		90,130
	13,800	Poletowin Pitcrew Holdings, Inc.		94,248
	93,000	Press Kogyo Co. Ltd.		316,784
	600	Pressance Corp.		19,288
	3,000	Prestige International, Inc.		25,828
	69,000	Prima Meat Packers Ltd.		180,388
	6,800	Pronexus, Inc.		43,372
	28,800	Qol Co. Ltd.		206,748
	40,900	Raito Kogyo Co. Ltd.		409,244
	1,900	Relo Holdings, Inc.		142,868
	158,840	Rengo Co. Ltd.		672,260
	26,100	Resorttrust, Inc.		630,107
	3,000	Rheon Automatic Machinery Co. Ltd.		12,595
	22,000	Rhythm Watch Co. Ltd.		30,537
	14,700	Ricoh Leasing Co. Ltd.		387,435
	4,400	Right On Co. Ltd.		27,840
	72,000	Riken Corp.		284,493
	6,500	Riken Keiki Co. Ltd.		68,083
	19,000	Riken Technos Corp.		70,706
	1,400	Riken Vitamin Co. Ltd.		53,172
	3,000	Ringer Hut Co. Ltd.		59,091
	2,700	Rinnai Corp.		182,330
	33,600	Riso Kagaku Corp.		588,279
	1,800	Rock Field Co. Ltd.		32,128
	18,800	Rohto Pharmaceutical Co. Ltd.		254,392
	1,200	Roland DG Corp.		35,970
	43,000	Round One Corp.		269,871
	8,600	Royal Holdings Co. Ltd.		123,474
	41,000	Ryobi Ltd.		111,377
	12,000	Ryoden Trading Co. Ltd.		82,977
	2,700	Ryohin Keikaku Co. Ltd.		300,511
	12,500	Ryosan Co. Ltd.		267,819
	5,100	Ryoyo Electro Corp.		53,462
	3,500	S Foods, Inc.		63,246

Shares			Value
JAPAN (continued)
	3,300	Sac’s Bar Holdings, Inc.	$	47,773
	36,000	Saibu Gas Co. Ltd.		80,014
	4,700	Saizeriya Co. Ltd.		76,245
	28,000	Sakai Chemical Industry Co. Ltd.		100,383
	18,000	Sakai Heavy Industries Ltd.		47,518
	4,700	Sakai Moving Service Co. Ltd.		155,893
	18,000	Sakai Ovex Co. Ltd.		27,438
	22,400	Sakata INX Corp.		239,203
	4,600	Sakata Seed Corp.		80,342
	3,300	San-A Co. Ltd.		110,862
	64,000	San-Ai Oil Co. Ltd.		427,829
	33,000	Sanden Corp.		155,684
	1,100	Sanei Architecture Planning Co. Ltd.		8,431
	15,475	Sangetsu Co. Ltd.		418,404
	74,000	San-In Godo Bank Ltd. (The)		608,107
	16,000	Sanken Electric Co. Ltd.		132,300
	8,900	Sanki Engineering Co. Ltd.		54,417
	8,000	Sanko Metal Industrial Co. Ltd.		17,576
	12,500	Sankyo Seiko Co. Ltd.		50,988
	14,400	Sankyo Tateyama, Inc.		223,302
	173,000	Sankyu, Inc.		698,305
	14,600	Sanoh Industrial Co. Ltd.		92,501
	8,700	Sanrio Co. Ltd.		216,852
	4,200	Sanshin Electronics Co. Ltd.		28,827
	5,900	Santen Pharmaceutical Co. Ltd.		369,786
	25,200	Sanwa Holdings Corp.		175,969
	19,000	Sanyo Chemical Industries Ltd.		138,823
	13,000	Sanyo Denki Co. Ltd.		94,320
	2,000	Sanyo Electric Railway Co. Ltd.		7,886
	4,300	Sanyo Housing Nagoya Co. Ltd.		47,054
	10,000	Sanyo Industries Ltd.		18,053
	61,000	Sanyo Shokai Ltd.		144,929
	95,000	Sanyo Special Steel Co. Ltd.		321,979
	32,000	Sapporo Holdings Ltd.		135,979
	6,000	SATO Holdings Corp.		140,100
	2,700	Sato Shoji Corp.		17,152
	4,100	Satori Electric Co. Ltd.		26,570
	24,600	Sawada Holdings Co. Ltd.		179,949
	7,200	Sawai Pharmaceutical Co. Ltd.		439,002
	35,000	SAXA Holdings, Inc.		68,850
	101,680	SBI Holdings, Inc.		1,102,262
	4,800	SBS Holdings, Inc.		38,546
	12,000	SCREEN Holdings Co. Ltd.		71,941
	11,297	SCSK Corp.		284,084
	4,000	Seibu Electric Industry Co. Ltd.		16,384
	18,000	Seika Corp.		44,759
	3,500	Seikagaku Corp.		61,965
	23,700	Seikitokyu Kogyo Co. Ltd.		113,021
	37,000	Seiko Holdings Corp.		204,488
	78,000	Seino Holdings Co. Ltd.		856,187
	25,300	Seiren Co. Ltd.		208,338
	27,400	Sekisui Jushi Corp.		367,729
	2,000	Sekisui Plastics Co. Ltd.		7,834
	60,000	Senko Co. Ltd.		349,485

Shares			Value
JAPAN (continued)
	2,000	Senshu Electric Co. Ltd.	$	26,824
	94,220	Senshu Ikeda Holdings, Inc.		421,234
	11,800	Senshukai Co. Ltd.		83,503
	1,100	Seria Co. Ltd.		31,896
	57,800	Seven Bank Ltd.		260,870
	3,000	Shaklee Global Group, Inc.(d)		55,744
	413,000	Sharp Corp.(d)		815,941
	1,000	Shibaura Mechatronics Corp.		2,495
	17,000	Shibusawa Warehouse Co. Ltd. (The)		49,945
	7,700	Shibuya Kogyo Co. Ltd.		161,501
	75,000	Shiga Bank Ltd. (The)		422,166
	44,000	Shikibo Ltd.		44,214
	97,000	Shikoku Bank Ltd. (The)		204,028
	22,000	Shikoku Chemicals Corp.		171,983
	20,800	Shikoku Electric Power Co., Inc.(d)		263,565
	4,700	Shima Seiki Manufacturing Ltd.		83,450
	19,349	Shimachu Co. Ltd.		487,885
	59,000	Shimadzu Corp.		618,990
	4,800	Shimamura Co. Ltd.		429,601
	2,700	Shimizu Bank Ltd. (The)		66,908
	50,000	Shimizu Corp.		348,293
	3,100	Shin Nippon Air Technologies Co. Ltd.		25,396
	80,000	Shinagawa Refractories Co. Ltd.		181,896
	26,000	Shindengen Electric Manufacturing Co. Ltd.		141,037
	2,000	Shin-Keisei Electric Railway Co. Ltd.		6,813
	22,500	Shinko Electric Industries Co. Ltd.		159,606
	9,200	Shinko Plantech Co. Ltd.		69,100
	8,800	Shinko Shoji Co. Ltd.		91,575
	8,000	Shinmaywa Industries Ltd.		78,617
	8,400	Shinnihon Corp.		32,046
	157,000	Shinsei Bank Ltd.		287,448
	30,000	Shinsho Corp.		67,955
	900	Shinwa Co. Ltd.		10,347
	14,500	Ship Healthcare Holdings, Inc.		361,913
	74,000	Shiroki Corp.		195,981
	3,000	Shizuki Electric Co., Inc.		14,690
	47,500	Shizuoka Gas Co. Ltd.		305,799
	7,000	Shochiku Co. Ltd.		69,744
	3,000	Shoei Foods Corp.		23,529
	11,000	Shoko Co. Ltd.		15,456
	1,000	Showa Aircraft Industry Co. Ltd.		9,725
	42,200	Showa Corp.		433,392
	900,600	Showa Denko KK		1,158,057
	67,000	Showa Sangyo Co. Ltd.		277,289
	136,600	Showa Shell Sekiyu KK		1,343,549
	10,800	Siix Corp.		233,419
	16,000	Sinanen Co. Ltd.		62,948
	5,000	Sinfonia Technology Co. Ltd.		8,005
	23,900	Sinko Industries Ltd.		278,219

Shares			Value
JAPAN (continued)
	13,000	Sintokogio Ltd.	$	92,549
	122,200	SKY Perfect JSAT Holdings, Inc.		746,124
	8,000	SMK Corp.		33,586
	2,800	SMS Co. Ltd.		25,442
	3,700	SNT Corp.		16,825
	3,600	Soft99 Corp.		20,172
	4,200	Sogo Medical Co. Ltd.		203,508
	34,288	Sohgo Security Services Co. Ltd.		884,720
	274,400	Sojitz Corp.		357,517
	44,000	Sotetsu Holdings, Inc.		202,333
	2,200	Sparx Group Co. Ltd.		3,859
	700	SPK Corp.		12,250
	5,000	Square Enix Holdings Co. Ltd.		110,917
	9,900	SRA Holdings, Inc.		123,423
	300	ST Corp.		2,598
	4,100	St. Marc Holdings Co. Ltd.		265,000
	14,400	Stanley Electric Co. Ltd.		324,469
	13,500	Star Micronics Co. Ltd.		170,259
	11,900	Start Today Co. Ltd.		242,905
	4,000	Starts Corp., Inc.		55,795
	17,000	Starzen Co. Ltd.		59,065
	12,100	Stella Chemifa Corp.		133,849
	12,600	Studio Alice Co. Ltd.		198,072
	2,700	Sugi Holdings Co. Ltd.		127,608
	2,700	Sugimoto & Co. Ltd.		28,741
	22,100	Sumco Corp.(d)		377,900
	4,800	Sumida Corp.		32,251
	22,000	Suminoe Textile Co. Ltd.		55,829
	118,000	Sumitomo Bakelite Co. Ltd.		492,378
	13,200	Sumitomo Dainippon Pharma Co. Ltd.		139,835
	18,500	Sumitomo Densetsu Co. Ltd.		221,502
	82,800	Sumitomo Forestry Co. Ltd.		777,021
	51,000	Sumitomo Heavy Industries Ltd.		279,256
	139,400	Sumitomo Mitsui Construction Co. Ltd.(d)		197,057
	264,000	Sumitomo Osaka Cement Co. Ltd.		773,363
	13,000	Sumitomo Precision Products Co. Ltd.		56,127
	1,980	Sumitomo Real Estate Sales Co. Ltd.		47,228
	30,200	Sumitomo Riko Co. Ltd.		247,916
	18,400	Sumitomo Rubber Industries Ltd.		288,935
	39,000	Sumitomo Seika Chemicals Co. Ltd.		278,975
	14,000	Sumitomo Warehouse Co. Ltd. (The)		79,043
	20,000	Suncall Corp.		116,325
	8,500	Sundrug Co. Ltd.		363,365
	3,600	Sun-Wa Technos Corp.		37,156
	17,200	Suruga Bank Ltd.		326,189
	18,700	Suzuken Co. Ltd.		531,078

Shares			Value
JAPAN (continued)
	76,000	SWCC Showa Holdings Co. Ltd.(d)	$	64,072
	5,400	Systena Corp.		39,271
	9,300	T&K Toka Co. Ltd.		177,162
	3,200	T. Hasegawa Co. Ltd.		46,516
	24,000	T. RAD Co. Ltd.		49,255
	1,600	Tabuchi Electric Co. Ltd.		14,361
	2,700	Tachibana Eletech Co. Ltd.		37,501
	6,700	Tachi-S Co. Ltd.		98,363
	49,000	Tadano Ltd.		597,113
	105,000	Taiheiyo Cement Corp.		310,270
	19,100	Taiho Kogyo Co. Ltd.		214,373
	8,000	Taikisha Ltd.		191,638
	3,000	Taiko Bank Ltd. (The)		5,671
	8,300	Taiko Pharmaceutical Co. Ltd.		128,709
	3,000	Taiyo Holdings Co. Ltd.		110,108
	13,000	Taiyo Nippon Sanso Corp.		156,979
	22,700	Taiyo Yuden Co. Ltd.		285,901
	10,000	Takagi Securities Co. Ltd.		20,608
	1,400	Takamatsu Construction Group Co. Ltd.		29,102
	17,700	Takara Holdings, Inc.		113,800
	42,800	Takara Leben Co. Ltd.		225,973
	31,000	Takara Standard Co. Ltd.		237,324
	32,000	Takasago International Corp.		160,232
	13,000	Takasago Thermal Engineering Co. Ltd.		164,285
	18,000	Takashima & Co. Ltd.		37,554
	40,000	Takashimaya Co. Ltd.		353,232
	16,100	Takata Corp.		190,025
	12,830	Take And Give Needs Co. Ltd.		105,105
	22,900	Takeei Corp.		178,239
	1,900	Takeuchi Manufacturing Co. Ltd.		70,787
	10,000	Takihyo Co. Ltd.		35,170
	49,000	Takiron Co. Ltd.		219,067
	33,000	Takisawa Machine Tool Co. Ltd.		59,857
	35,000	Takuma Co. Ltd.		248,872
	27,100	Tama Home Co. Ltd.		123,003
	1,900	Tamron Co. Ltd.		37,295
	20,000	Tamura Corp.		68,126
	17,900	Tanseisha Co. Ltd.		123,927
	45,200	Tatsuta Electric Wire and Cable Co. Ltd.		190,146
	49,000	Tayca Corp.		176,088
	39,900	TBK Co. Ltd.		208,963
	600	Techno Medica Co. Ltd.		12,590
	1,200	Techno Ryowa Ltd.		5,477
	721,000	Teijin Ltd.		2,167,359
	9,700	Teikoku Sen-I Co. Ltd.		203,367
	4,300	Temp Holdings Co. Ltd.		146,836
	14,600	T-Gaia Corp.		159,515
	8,500	THK Co. Ltd.		209,188
	7,400	TKC Corp.		131,704
	40,000	Toa Corp.		68,807

Shares			Value
JAPAN (continued)
	6,000	Toa Corp.	$	60,649
	58,000	Toa Oil Co. Ltd.		71,617
	56,000	Toa Road Corp.		206,966
	24,000	Toabo Corp.		15,533
	115,500	Toagosei Co. Ltd.		466,210
	10,100	Tobishima Corp.(d)		22,276
	5,000	Tobu Store Co. Ltd.		11,965
	24,600	TOC Co. Ltd.		150,830
	8,300	Tocalo Co. Ltd.		140,583
	73,000	Tochigi Bank Ltd. (The)		338,176
	72,000	Toda Corp.		259,968
	3,000	Toda Kogyo Corp.(d)		12,850
	600	Toei Animation Co. Ltd.		20,642
	20,000	Toei Co. Ltd.		116,495
	23,000	Toenec Corp.		115,166
	94,000	Toho Bank Ltd. (The)		332,198
	20,000	Toho Co. Ltd.		74,257
	10,600	Toho Co. Ltd.		241,463
	83,000	Toho Gas Co. Ltd.		455,182
	8,000	Toho Holdings Co. Ltd.		111,999
	68,000	Toho Zinc Co. Ltd.		215,993
	26,000	Tohoku Bank Ltd. (The)		34,540
	4,000	Tokai Carbon Co. Ltd.		11,649
	6,500	Tokai Corp.		203,142
	49,200	TOKAI Holdings Corp.		222,894
	12,000	Tokai Lease Co. Ltd.		21,766
	33,300	Tokai Rika Co. Ltd.		693,053
	41,500	Tokai Tokyo Financial Holdings, Inc.		279,188
	4,690	Token Corp.		195,500
	44,000	Toko, Inc.		118,402
	24,840	Tokushu Tokai Paper Co. Ltd.		61,767
	54,000	Tokuyama Corp.		121,400
	37,000	Tokyo Dome Corp.		172,665
	5,000	Tokyo Energy & Systems, Inc.		35,979
	40,000	Tokyo Keiki, Inc.		96,398
	25,600	Tokyo Ohka Kogyo Co. Ltd.		885,089
	4,000	Tokyo Rakutenchi Co. Ltd.		16,997
	97,000	Tokyo Rope Manufacturing Co. Ltd.(d)		184,203
	2,500	Tokyo Sangyo Co. Ltd.		10,219
	14,600	Tokyo Seimitsu Co. Ltd.		299,634
	27,500	Tokyo Steel Manufacturing Co. Ltd.		209,593
	38,000	Tokyo Tatemono Co. Ltd.		258,878
	32,000	Tokyo Tekko Co. Ltd.		161,322
	20,000	Tokyo Theaters Co., Inc.		24,185
	6,275	Tokyo Ty Financial Group. Inc.(d)		180,881
	39,000	Tokyu Fudosan Holdings Corp.		244,435
	27,000	Toli Corp.		56,561
	28,000	Tomato Bank Ltd.		41,965
	1,100	Tomen Devices Corp.		17,086
	15,200	Tomoe Corp.		55,918
	2,600	Tomoe Engineering Co. Ltd.		37,152
	86,000	Tomoku Co. Ltd.		207,255

Shares			Value
JAPAN (continued)
	58,100	TOMONY Holdings, Inc.	$	253,319
	24,800	Tomy Co. Ltd.		138,118
	9,000	Tonami Holdings Co. Ltd.		31,959
	30	Top REIT, Inc.		129,013
	1,600	Topcon Corp.		32,101
	15,700	Toppan Forms Co. Ltd.		164,714
	28,500	Topre Corp.		395,597
	118,000	Topy Industries Ltd.		268,295
	12,200	Toridoll.corp.		178,070
	2,300	Torigoe Co. Ltd. (The)		13,965
	1,000	Torii Pharmaceutical Co. Ltd.		25,675
	5,000	Torishima Pump Manufacturing Co. Ltd.		37,001
	12,100	Tosei Corp.		74,704
	45,000	Toshiba Machine Co. Ltd.		174,359
	11,000	Toshiba Plant Systems & Services Corp.		170,110
	86,000	Toshiba TEC Corp.		536,813
	14,000	Tosho Printing Co. Ltd.		38,508
	148,000	Tosoh Corp.		807,869
	7,500	Totetsu Kogyo Co. Ltd.		180,427
	29,000	TOTO Ltd.		323,265
	8,000	Tottori Bank Ltd. (The)		15,941
	225,000	Towa Bank Ltd. (The)		185,855
	1,900	Towa Corp.		11,682
	4,900	Towa Pharmaceutical Co. Ltd.		224,491
	15,700	Toyo Construction Co. Ltd.		75,940
	3,000	Toyo Denki Seizo – Toyo Electric Manufacturing Co. Ltd.		10,960
	89,000	Toyo Ink SC Holdings Co. Ltd.		420,634
	28,000	Toyo Kohan Co. Ltd.		145,210
	16,000	Toyo Securities Co. Ltd.		47,552
	66,200	Toyo Seikan Group Holdings Ltd.		860,267
	13,300	Toyo Suisan Kaisha Ltd.		472,856
	200	Toyo Tanso Co. Ltd.		3,227
	41,100	Toyo Tire & Rubber Co. Ltd.		937,639
	20,000	Toyo Wharf & Warehouse Co. Ltd.		34,233
	544,000	Toyobo Co. Ltd.		736,575
	49,800	Toyoda Gosei Co. Ltd.		1,106,855
	21,500	Toyota Boshoku Corp.		286,715
	6,800	TPR Co. Ltd.		174,300
	1,200	Trancom Co. Ltd.		51,707
	12,900	Transcosmos, Inc.		227,725
	9,400	Trend Micro, Inc.(d)		267,760
	2,600	Trusco Nakayama Corp.		69,854
	13,300	TS Tech Co. Ltd.		338,418
	19,900	TSI Holdings Co. Ltd.		114,218
	49,000	Tsubakimoto Chain Co.		398,910
	8,000	Tsubakimoto Kogyo Co. Ltd.		20,710
	7,000	Tsudakoma Corp.(d)		9,359
	3,100	Tsukada Global Holdings, Inc.		19,139
	14,500	Tsukishima Kikai Co. Ltd.		158,052
	69,933	Tsukuba Bank Ltd.		206,053

Shares			Value
JAPAN (continued)
	10,200	Tsumura & Co.	$	233,741
	7,800	Tsuruha Holdings, Inc.		528,059
	1,200	Tsurumi Manufacturing Co. Ltd.		20,203
	600	Tsutsumi Jewelry Co. Ltd.		12,871
	7,000	TTK Co. Ltd.		28,613
	150,840	UACJ Corp.		375,077
	288,800	Ube Industries Ltd.		435,303
	60,000	Uchida Yoko Co. Ltd.		188,538
	6,000	Ueki Corp.		13,693
	2,500	UKC Holdings Corp.		38,597
	12,500	Ulvac, Inc.(d)		180,959
	14,000	Uniden Corp.		26,586
	24,700	Unipres Corp.		433,086
	2,600	United Arrows Ltd.		74,283
	192	United Urban Investment Corp. REIT		308,528
	67,000	Unitika Ltd.(d)		31,380
	900	Universal Entertainment Corp.		15,290
	189,100	UNY Group Holdings Co. Ltd.		1,093,408
	65,180	Usen Corp.(d)		172,622
	4,100	U-Shin Ltd.		24,719
	2,600	Ushio, Inc.		30,377
	17,600	USS Co. Ltd.		278,471
	8,800	Utoc Corp.		45,562
	9,500	Valor Co. Ltd.		180,810
	2,500	Village Vanguard Co. Ltd.		29,741
	16,700	Vital KSK Holdings, Inc.		129,129
	51,600	VT Holdings Co. Ltd.		208,281
	8,000	Wacoal Holdings Corp.		79,980
	33,000	Wakachiku Construction Co. Ltd.		57,047
	24,600	Wakita & Co. Ltd.		235,253
	14,900	Warabeya Nichiyo Co. Ltd.		250,342
	5,500	WATAMI Co. Ltd.		54,611
	5,900	Weathernews, Inc.		150,075
	6,400	Welcia Holdings Co. Ltd.		236,805
	8,100	Wellnet Corp.		149,267
	2,400	WirelessGate, Inc.		65,809
	3,800	Wowow, Inc.		165,034
	8,600	Xebio Co. Ltd.		133,874
	2,600	Yachiyo Industry Co. Ltd.		22,141
	4,500	Yahagi Construction Co. Ltd.		33,837
	1,600	YAMABIKO Corp.		69,488
	104,200	Yamada Denki Co. Ltd.		390,428
	42,000	Yamagata Bank Ltd. (The)		178,472
	88,000	Yamaguchi Financial Group, Inc.		923,989
	82,600	Yamaha Corp.		1,217,582
	7,000	Yamaichi Electronics Co. Ltd.		49,297
	84,000	Yamanashi Chuo Bank Ltd. (The)		337,631
	51,000	Yamatane Corp.		76,003
	5,700	Yamato Kogyo Co. Ltd.		148,288
	80,000	Yamazaki Baking Co. Ltd.		1,186,068
	100	Yamazawa Co. Ltd.		1,456
	12,300	Yamazen Corp.		87,251

Shares			Value
JAPAN (continued)
	2,700	Yaoko Co. Ltd.	$	176,582
	700	Yashima Denki Co. Ltd.		3,368
	61,800	Yaskawa Electric Corp.		800,458
	6,000	Yasuda Logistics Corp.		52,831
	17,400	Yellow Hat Ltd.		342,577
	16,000	Yodogawa Steel Works Ltd.		58,043
	6,500	Yokogawa Bridge Holdings Corp.		73,342
	47,700	Yokogawa Electric Corp.		505,312
	22,300	Yokohama Reito Co. Ltd.		155,338
	139,000	Yokohama Rubber Co. Ltd. (The)		1,320,991
	3,000	Yomeishu Seizo Co. Ltd.		23,427
	2,100	Yonex Co. Ltd.		21,334
	20,300	Yorozu Corp.		395,524
	1,800	Yoshinoya Holdings Co. Ltd.		20,433
	12,300	Yuasa Trading Co. Ltd.		255,155
	27,000	Yuken Kogyo Co. Ltd.		56,561
	13,000	Yurtec Corp.		88,453
	8,000	Yusen Logistics Co. Ltd.		96,534
	900	Yushiro Chemical Industry Co. Ltd.		14,163
	17,700	Zenrin Co. Ltd.		229,559
	14,300	Zensho Holdings Co. Ltd.		129,446
	52,000	Zeon Corp.		536,251
	4,000	Zojirushi Corp.		26,876
	2,400	Zuken, Inc.		24,055
				301,684,030
JERSEY CHANNEL ISLANDS — 0.0%
	410,240	Centamin Plc		413,379
	28,143	Petra Diamonds Ltd.(d)		65,025
	43,770	Phoenix Group Holdings		553,124
	1,475	Randgold Resources Ltd.		126,301
				1,157,829
LUXEMBOURG — 0.1%
	9,373	APERAM SA(d)		246,145
	1,249	Eurofins Scientific SE		322,496
	1,096	GAGFAH SA - Tendered Shares(d)		24,175
	49,500	L’Occitane International SA		125,150
	8,851	Oriflame Cosmetics SA - SDR		118,845
	100,579	Regus Plc		306,015
	150,283	Stabilus SA(c)(d)		4,839,841
				5,982,667
MACAU — 0.0%
	124,000	Macau Legend Development Ltd.(d)		45,586
MALAYSIA — 0.5%
	174,100	Aeon Co. (M) Berhad		143,484
	323,590	Affin Holdings Berhad		255,982
	324,200	AirAsia Berhad		250,209
	20,200	Alam Maritim Resources Berhad(d)		3,563

Shares			Value
MALAYSIA (continued)
	415,600	Alliance Financial Group Berhad	$	547,566
	20,100	Amway Malaysia Holdings Berhad		60,832
	1,127,600	APM Automotive Holdings Berhad(c)		1,541,592
	32,700	Batu Kawan Berhad		164,762
	95,933	Berjaya Assets Berhad		22,476
	327,300	Berjaya Corp. Berhad.		36,537
	19,381	Berjaya Sports Toto Berhad		18,110
	133,600	BIMB Holdings Berhad		151,350
	486,500	Bintulu Port Holdings Berhad(c)		938,671
	365,904	Boustead Holdings Berhad		468,978
	399,400	Bumi Armada Berhad		132,106
	46,400	Bursa Malaysia Berhad		104,873
	94,300	Cahya Mata Sarawak Berhad		109,168
	33,700	Carlsberg Brewery-Malaysia Berhad		109,423
	98,060	CB Industrial Product Holding Berhad		56,490
	25,300	Coastal Contracts Berhad		20,432
	15,350	Dayang Enterprise Holdings Berhad		11,508
	5,629,086	Dialog Group Berhad		2,513,539
	259,700	DRB-Hicom Berhad		128,132
	458,700	Eastern & Oriental Berhad		289,532
	42,150	Engtex Group Berhad		12,547
	98,700	Evergreen Fibreboard Berhad(d)		23,668
	70,300	Faber Group Berhad		49,218
	18,300	Fraser & Neave Holdings Berhad		93,417
	11,900	Gamuda Berhad		16,630
	75,300	Genting Plantations Berhad		210,873
	23,300	Globetronics Technology Berhad		30,955
	125,000	Glomac Berhad		34,110
	48,000	Guinness Anchor Berhad		159,824
	41,100	GuocoLand Malaysia Berhad		14,614
	499,380	HAP Seng Consolidated Berhad		607,019
	93,500	Hap Seng Plantations Holdings Berhad		65,718
	1,220,980	Hartalega Holdings Berhad(c)		2,554,366
	19,992	Hock Seng LEE Berhad		9,313
	72,600	Hong Leong Financial Group Berhad		338,587
	51,500	Hong Leong Industries Berhad		62,459
	37,733	Hua Yang Berhad		22,361
	55,620	Hume Industries Berhad(d)		56,111
	439,540	IJM Corp. Berhad		835,950
	136,500	IJM Land Berhad		134,318
	105,900	IJM Plantations Berhad		102,164
	59,062	Inari Amertron Berhad		46,722
	147,800	Iris Corp. Berhad(d)		13,851
	84,100	Jaya Tiasa Holdings Berhad		42,885
	218,400	JCY International Berhad		42,139

Shares			Value
MALAYSIA (continued)
	59,079	K&N Kenanga Holdings Berhad(d)	$	10,503
	44,400	Karambunai Corp. Berhad(d)		795
	73,100	Keck Seng (Malaysia) Berhad		106,184
	45,100	Kian JOO CAN Factory Berhad		36,672
	1,976,800	KKB Engineering Berhad(c)		659,297
	286,900	KLCCP Stapled Group		545,648
	258,400	KNM Group Berhad(d)		42,378
	21,600	Kossan Rubber Industries		31,078
	2,365,788	KPJ Healthcare Berhad(c)		2,562,720
	167,800	KSL Holdings Berhad		92,965
	345,800	Kulim Malaysia Berhad		288,802
	35,950	Kumpulan Fima Berhad		19,719
	110,400	Kumpulan Perangsang Selangor Berhad		45,645
	60,900	Lafarge Malaysia Berhad		166,350
	306,100	Land & General Berhad		44,295
	157,800	Landmarks Berhad(d)		45,235
	102,700	LBS Bina Group Berhad		43,594
	79,000	Lingkaran Trans Kota Holdings Berhad		82,745
	11,400	LPI Capital Berhad		64,353
	62,600	Magnum Berhad		48,141
	495,179	Mah Sing Group Berhad		260,692
	96,950	Malayan Flour Mills Berhad		44,360
	93,823	Malaysia Airports Holdings Berhad		185,163
	175,980	Malaysia Building Society Berhad		102,348
	82,700	Malaysia Marine and Heavy Engineering Holdings Berhad		35,788
	71,100	Malaysian Bulk Carriers Berhad		27,829
	32,000	Malaysian Pacific Industries Berhad		51,069
	291,250	Malaysian Resources Corp. Berhad		108,376
	37,180	MBM Resources Berhad		32,384
	2,578,000	Media Prima Berhad(c)		1,328,793
	18,700	Mega First Corp. Berhad		12,216
	81,000	MKH Berhad		60,951
	392,500	MMC Corp. Berhad		261,811
	45,500	MNRB Holdings Berhad		48,786
	83,100	Mudajaya Group Berhad.		37,106
	51,500	Muhibbah Engineering M Berhad		26,971
	680,100	Mulpha International Berhad(d)		66,548
	35,600	My EG Services Berhad		25,120
	50,500	Naim Holdings Berhad		41,759
	266,000	Nam Cheong Ltd.		61,938
	22,000	NCB Holdings Berhad		15,160
	5,000	Nestle Malaysia Berhad		98,539
	102,200	Oriental Holdings Berhad.		198,315
	326,790	OSK Holdings Berhad		174,744
	39,200	Padini Holdings Berhad		15,775
	71,200	Pantech Group Holdings Berhad		14,228
	33,230	Parkson Holdings Berhad(d)		22,715

Shares			Value
MALAYSIA (continued)
	211,000	Perdana Petroleum Berhad	$	66,301
	43,000	PJ Development Holdings Berhad		17,423
	107,600	POS Malaysia Berhad		139,394
	111,200	Press Metal Berhad		82,756
	119,500	Protasco Berhad		51,054
	3,206,100	QL Resources Berhad(c)		3,092,985
	66,000	Salcon Berhad		11,825
	19,800	Sarawak Oil Palms Berhad		30,562
	7,600	Scientex Berhad		13,889
	43,900	Scomi Energy Services Berhad(d)		6,897
	494,800	Scomi Group Berhad(d)		32,050
	2,300	Selangor Properties Berhad		3,557
	51,500	Shangri-La Hotels (Malaysia) Berhad		98,230
	28,800	Shell Refining Co. Federation of Malaya Berhad(d)		43,660
	149,660	Sunway Berhad		137,367
	94,300	Supermax Corp. Berhad		58,483
	5,400	Syarikat Takaful Malaysia Berhad		17,623
	89,164	Ta Ann Holdings Berhad		92,900
	445,000	TA Enterprise Berhad		91,380
	195,360	TA Global Berhad		17,501
	126,800	TAN Chong Motor Holdings Berhad		116,734
	386,300	TDM Berhad		84,117
	61,440	TH Plantations Berhad		27,096
	286,560	Time dotCom Berhad(d)		426,523
	46,900	Tiong NAM Logistics Holdings		16,418
	52,860	Top Glove Corp. Berhad		72,559
	155,100	Tropicana Corp. Berhad		44,888
	43,600	TSH Resources Berhad		27,040
	241,708	UEM Sunrise Berhad		84,611
	46,900	UMW Holdings Berhad		140,907
	167,600	Unisem (M) Berhad		93,778
	15,000	United Malacca Berhad		26,254
	31,900	United Plantations Berhad		214,718
	55,200	VS Industry Berhad		54,774
	94,630	Wah Seong Corp. Berhad		33,908
	232,633	WCT Holdings Berhad		102,594
	4,093,350	Wellcall Holdings Berhad(c)		2,030,879
	170,700	WTK Holdings Berhad		53,638
	47,600	Yinson Holdings Berhad		37,261
	136,153	YNH Property Berhad		72,430
	876,900	YTL Corp. Berhad		425,398
	25,600	Zhulian Corp. Berhad		14,818
				30,262,917
MALTA — 0.0%
	10,268	Brait SE(d)		67,965
	8,169	Unibet Group Plc - SDR		486,238
				554,203

Shares			Value
MEXICO — 0.5%
	217,679	Alfa SAB de CV - Series A	$	397,906
	35,265	Alsea SAB de CV(d)		94,318
	232,740	Arca Continental SAB de CV		1,385,463
	1,864,200	Asesor de Activos Prisma SAPI de CV REIT(c)		2,004,797
	143,156	Axtel SAB de CV - CPO Units(d)		32,567
	9,208	Banregio Grupo Financiero SAB de CV		47,719
	2,584	Bio Pappel SAB de CV(d)		3,879
	1,166,800	Bolsa Mexicana de Valores SAB de CV		1,925,790
	1,800	Cia Minera Autlan SAB de CV - Series B(d)		1,825
	22,350	Concentradora Fibra Hotelera Mexicana SA de CV REIT		29,448
	201,125	Consorcio ARA SAB de CV(d)		86,142
	140,111	Controladora Comercial Mexicana SAB de CV - Units		426,610
	1,568,370	Corp. Inmobiliaria Vesta SAB de CV		3,033,735
	800	Corp. Actinver SAB de CV(d)		857
	78,869	Corp. GEO SAB de CV - Series B(c)(d)		690
	61,938	Corp. Interamericana de Entretenimiento SAB de CV - Series B(c)(d)		41,011
	27,300	Corp. Moctezuma SAB de CV		81,976
	4,816	Cydsa SAB de CV		8,996
	162,434	Empresas ICA SAB de CV(d)		169,050
	1,947,800	Fibra Shop Portafolios Inmobiliarios SAPI de CV REIT(c)		2,392,274
	154,627	Genomma Lab Internacional SAB de CV - Class B(d)		244,791
	53,869	Gruma SAB de CV - Series B.		580,576
	29,269	Grupo Aeromexico SAB de CV(d)		43,700
	75,068	Grupo Aeroportuario del Centro Norte SAB de CV		345,805
	320,108	Grupo Aeroportuario del Pacifico SAB de CV - Series B		2,116,542
	123,044	Grupo Aeroportuario del Sureste SAB de CV - Series B		1,606,028
	1,600	Grupo Carso SAB de CV - Series A1		7,045
	120,492	Grupo Cementos de Chihuahua SAB de CV		301,441
	45,878	Grupo Comercial Chedraui SA de CV		127,753
	380	Grupo Elektra SAB de CV		14,083
	72,311	Grupo Famsa SAB de CV(d)		44,478
	12,100	Grupo Financiero Interacciones SA de CV		80,085
	45,885	Grupo Herdez SAB de CV		105,609
	57,500	Grupo Industrial Maseca SAB de CV - Series B		79,751

Shares			Value
MEXICO (continued)
	12,400	Grupo Industrial Saltillo SAB de CV	$	26,861
	17,079	Grupo KUO SAB de CV - Series B		28,975
	36,100	Grupo Simec SAB de CV - Series B(d)		100,308
	19,508	Grupo Sports World SAB de CV(d)		33,707
	264,100	Impulsora del Desarrollo y El Empleo en America Latina SAB de CV(d)		665,293
	36,716	Industrias Bachoco SAB de CV - Series B		149,759
	170,175	Industrias CH SAB de CV - Series B(d)		698,206
	15,441	Industrias Penoles SAB de CV		307,790
	110,913	Kimberly-Clark de MexiCo. SAB de CV - Class A		215,618
	1,452,900	Macquarie Mexico Real Estate Management SA de CV REIT		2,391,210
	100	Medica Sur SAB de CV - Series B		374
	33,400	Megacable Holdings SAB de CV - CPO Shares		121,572
	381,663	Mexichem SAB de CV(d)		1,063,294
	118,949	Minera Frisco SAB de CV(d)		156,964
	269,930	OHL Mexico SAB de CV(d)		512,326
	53,106	Organizacion Cultiba SAB de CV		62,922
	146,807	Organizacion Soriana SAB de CV - Series B		340,145
	37,295	Promotora y Operadora de Infraestructura SAB de CV(d)		418,743
	23,143	Qualitas Controladora SAB de CV - Units		44,774
	372,923	TV Azteca SAB de CV - CPO Shares		149,274
	67,123	Urbi Desarrollos Urbanos SAB de CV(c)(d)		20
				25,350,875
NETHERLANDS — 0.6%
	21,357	Aalberts Industries NV		618,054
	9,242	Accell Group NV		140,986
	18,811	AMG Advanced Metallurgical Group NV(d)		140,866
	4,482	Amsterdam Commodities NV		107,092
	11,224	Arcadis NV		341,872
	13,720	ASM International NV		563,786
	21,067	BE Semiconductor Industries NV		430,881
	3,301	Beter Bed Holding NV		64,773
	60,603	BinckBank NV		499,912
	258,500	Boskalis Westminster NV		11,486,974
	8,012	Brunel International NV		130,597
	2,120	Corbion NV		35,311
	144,577	Delta Lloyd NV		2,741,369
	2,240	Exact Holding NV		80,644

Shares			Value
NETHERLANDS (continued)
	1,507	Fugro NV	$	32,747
	11,320	Gemalto NV		824,031
	2,565	Global City Holdings NV(d)		29,260
	18,365	Grontmij(d)		74,190
	7,230	Heijmans NV - CVA		69,305
	654	Hunter Douglas NV		26,420
	4,404	KAS Bank NV - CVA		51,009
	5,219	Kendrion NV		143,514
	23,096	Koninklijke BAM Groep NV		69,917
	4,397	Koninklijke Ten Cate NV		97,881
	12,374	Koninklijke Vopak NV		693,325
	95	Nederland Apparatenfabriek		3,054
	39,284	Nutreco NV		1,999,801
	13,255	Ordina NV(d)		21,583
	47,868	PostNL NV(d)		174,442
	286,235	QIAGEN NV(d)		6,585,320
	28,385	Randstad Holding NV		1,505,115
	23,840	SBM Offshore NV(d)		260,959
	10,543	Sligro Food Group NV		402,558
	86,230	SNS REAAL NV(b)(c)(d)		0
	15,951	TKH Group NV		497,838
	38,013	TomTom NV(d)		251,799
	25,705	USG People NV		298,889
	45,708	Wessanen		292,751
	43,699	Wolters Kluwer NV		1,310,782
				33,099,607
NEW ZEALAND — 0.4%
	7,184	a2 Milk Co. Ltd.(d)		2,822
	328,864	Air New Zealand Ltd.		624,480
	3,470,735	Auckland International Airport Ltd.(c)		11,236,812
	223,018	Contact Energy Ltd.		1,147,152
	19,426	Ebos Group Ltd.		133,560
	84,688	Fisher & Paykel Healthcare Corp. Ltd.		382,627
	31,055	Freightways Ltd.		134,886
	23,866	Heartland New Zealand Ltd.		22,920
	67,426	Infratil Ltd.		155,016
	52,582	Kathmandu Holdings Ltd.		76,894
	63,308	Kiwi Property Group Ltd. REIT		60,799
	27,669	Mainfreight Ltd.		322,088
	20,108	Metlifecare Ltd.		70,222
	49,457	New Zealand Oil & Gas Ltd.		23,029
	8,819	New Zealand Refining Co. Ltd. (The)(d)		16,297
	121,885	Nuplex Industries Ltd.		265,145
	45,243	NZX Ltd.		39,829
	73,491	PGG Wrightson Ltd.		25,932
	80,140	Pike River Coal Ltd.(b)(c)(d)		0
	53,513	Port of Tauranga Ltd.(c)		691,066
	19,670	Restaurant Brands New Zealand Ltd.		54,381
	15,128	Sanford Ltd.		55,032
	51,422	Skellerup Holdings Ltd.		49,010
	182,421	SKY Network Television Ltd.		804,283

Shares			Value
NEW ZEALAND (continued)
	1,648,019	SKYCITY Entertainment Group Ltd.	$	4,712,121
	415,362	Spark New Zealand Ltd.		997,246
	23,629	Summerset Group Holdings Ltd.		53,293
	47,121	Tower Ltd.		77,479
	49,566	Trade Me Group Ltd.		130,904
	29,035	TrustPower Ltd.		176,811
	35,771	Vector Ltd.		76,774
	43,509	Warehouse Group Ltd. (The)		90,216
				22,709,126
NORWAY — 0.1%
	1,087	AF Gruppen ASA		11,889
	9,443	Aker ASA - Class A		201,672
	4,589	American Shipping ASA		17,819
	18,135	Atea ASA		201,281
	44,307	Austevoll Seafood ASA		259,789
	13	Bonheur ASA		121
	139,980	BW Offshore Ltd.		134,256
	13,163	Det Norske Oljeselskap ASA(d)		54,861
	40,305	DNO ASA(d)		88,687
	12,191	Dolphin Group ASA(d)		4,292
	6,614	Ekornes ASA		82,398
	154,310	Eltek ASA		230,689
	7,836	Evry ASA		16,228
	3,449	Farstad Shipping ASA		16,160
	6,689	Fred Olsen Energy ASA		56,017
	5,312	Ganger Rolf ASA		47,957
	7,433	Grieg Seafood ASA(d)		26,938
	3,844	Hexagon Composites ASA		9,404
	139,033	Kongsberg Automotive ASA(d)		109,594
	3,742	Kongsberg Gruppen ASA		63,449
	22,254	Kvaerner ASA		26,039
	2,877	Leroy Seafood Group ASA		101,288
	10,381	Nordic Semiconductor ASA(d)		71,886
	23,394	Opera Software ASA		310,370
	23,847	Petroleum Geo-Services ASA		129,700
	1,268,535	REC Silicon ASA(d)		273,052
	11,533	REC Solar ASA(d)		152,263
	12,159	Salmar ASA		188,069
	5,087	Sevan Marine ASA		12,708
	6,632	Solstad Offshore ASA		53,222
	29,923	SpareBank 1 SMN		213,019
	19,544	SpareBank 1 SR-Bank ASA		122,689
	37,515	Storebrand ASA(d)		113,624
	26,311	Tomra Systems ASA		211,145
	7,534	Veidekke ASA		77,769
	5,161	Wilh Wilhelmsen ASA		28,925
	232	Wilh Wilhelmsen Holding ASA		4,504
				3,723,773
PERU — 0.1%
	1,162,608	Alicorp SA(c)		2,637,978
	2,502,418	Ferreycorp SAA(c)		1,225,474

				3,863,452

Shares			Value
PHILIPPINES — 0.2%
	173,966	Belle Corp.	$	18,110
	19,250	Cebu Air, Inc.		41,344
	106,337	China Banking Corp.		113,348
	3,193,400	D&L Industries, Inc.		1,231,211
	444,950	DMCI Holdings, Inc.		155,404
	72,800	EEI Corp.		18,162
	726,600	Energy Development Corp.		140,894
	2,735,375	Filinvest Land, Inc.		104,221
	124,300	First Gen Corp.		87,672
	156,680	First Philippine Holdings Corp.		351,431
	4,390	Globe Telecom, Inc.		173,836
	14,287,500	GMA Holdings, Inc. - PDR(c)		1,940,946
	43,910	Jollibee Foods Corp.		231,037
	1,412,000	Lopez Holdings Corp.		238,573
	3,768,800	Manila Water Co., Inc.(c)		2,760,806
	9,720,696	Megaworld Corp.		1,146,386
	777,000	Metro Pacific Investments Corp.		91,105
	290,241	Metropolitan Bank & Trust Co.		627,310
	2,058,100	Nickel Asia Corp.		1,271,930
	623,000	Pepsi-Cola Products Philippines, Inc.(d)		56,517
	50,700	Petron Corp.		10,487
	14,040	Philippine National Bank(d)		26,811
	39,900	Puregold Price Club, Inc.		38,006
	75,400	Rizal Commercial Banking Corp.		81,568
	495,300	Robinsons Land Corp.		312,280
	26,320	San Miguel Corp.		45,455
	119,451	Security Bank Corp.		411,779
	49,350	Semirara Mining and Power Corp.		164,526
	6	Top Frontier Investment Holdings, Inc.(d)		16
	161,290	Union Bank of Philippines, Inc.(c)		262,641
	729,800	Vista Land & Lifescapes, Inc.		114,039
				12,267,851
POLAND — 0.1%
	1,192	Alior Bank SA(d)		27,646
	1,432	AmRest Holdings SE(d)		44,463
	30,577	Asseco Poland SA		453,650
	10,935	Bank Handlowy w Warszawie SA		319,599
	89,911	Bank Millennium SA		181,825
	37,571	Boryszew SA(d)		58,328
	3,498	Budimex SA		146,295
	683	CCC SA		28,399
	2,131	CD Projekt SA(d)		9,321
	10,830	Ciech SA		145,326
	14,658	Cyfrowy Polsat SA		94,270
	1,000	Dom Development SA		13,054
	62,048	Enea SA(d)		275,415
	13,280	Eurocash SA		132,020
	5,542	Farmacol SA(d)		79,021
	166,068	Getin Holding SA(d)		87,882

Shares			Value
POLAND (continued)
	286,760	Getin Noble Bank SA(d)	$	154,074
	11,908	Grupa Azoty SA		228,274
	119	Grupa Azoty Zaklady Chemiczne Police SA		649
	3,848	Grupa Kety SA		285,710
	36,553	Grupa Lotos SA(d)		241,203
	4,256	Impexmetal SA(d)		3,045
	3,067	ING Bank Slaski SA		111,749
	2,438	Inter Cars SA		141,392
	635	KRUK SA(d)		19,708
	226	LPP SA		458,224
	14,545	Lubelski Wegiel Bogdanka SA		382,735
	4,234	mBank		536,145
	169,484	Netia SA		273,645
	15,939	Orange Polska SA		38,516
	9,643	Orbis SA		111,147
	1,623	Pelion SA		36,923
	85,476	Synthos SA		99,236
	405,617	Tauron Polska Energia SA		547,576
	35,674	TVN SA(d)		170,484
	884	Warsaw Stock Exchange		11,051
				5,948,000
PORTUGAL — 0.0%
	16,720	Altri SGPS SA		58,003
	31,522	Banco BPI SA(d)		29,707
	8,298,979	Banco Comercial Portugues SA(d)		590,801
	1,231,589	Banco Espirito Santo SA(b)(d)		0
	2,336	Corticeira Amorim SGPS SA		8,824
	3,644	Jeronimo Martins SGPS SA		39,357
	22,362	Mota-Engil SGPS SA		69,161
	36,299	NOS SGPS		231,258
	47,493	Portucel SA		192,771
	48,971	Portugal Telecom SGPS SA		34,918
	1,809	REN - Redes Energeticas Nacionais SGPS SA		5,151
	25,714	Semapa - Sociedade de Investimento e Gestao		302,480
	267,616	Sonae SGPS SA		351,999
	37,170	Teixeira Duarte SA		29,821
				1,944,251
QATAR — 0.0%
	32,031	Gulf International Services QSC		879,489
SINGAPORE — 1.3%
	23,000	Abterra Ltd.(d)		9,351
	2,373,000	Ascendas India Trust - Unit(c)		1,499,789
	6,570,000	Ascendas Real Estate Investment Trust		11,947,221
	155,400	ASL Marine Holdings Ltd.(c)		49,395
	102,000	Ausgroup Ltd.(d)		22,620
	7,400	Bonvests Holdings Ltd.		7,494
	85,063	Boustead Singapore Ltd.		113,183
	16,000	Breadtalk Group Ltd.		17,918

Shares			Value
SINGAPORE (continued)
	43,000	Bukit Sembawang Estates Ltd.(c)	$	169,101
	6,270	Cape Plc		19,832
	10,201,000	CapitaMall Trust REIT		15,759,972
	42,000	China Aviation Oil Singapore Corp. Ltd.		22,043
	194,000	China Merchants Holdings Pacific Ltd.		140,538
	54,000	Chip Eng Seng Corp. Ltd.		36,325
	56,000	ComfortDelGro Corp. Ltd.		118,805
	89,000	Cosco Corp. Singapore Ltd.		35,526
	56,000	CSE Global Ltd.		24,216
	52,000	CWT Ltd.		64,577
	1,000	Elec & Eltek International Co. Ltd.		1,245
	15,600	Eu Yan Sang International Ltd.		8,995
	124,720	Ezion Holdings Ltd.		117,086
	3,872,176	Ezra Holdings Ltd.		1,517,041
	130,121	Far East Orchard Ltd.		162,074
	25,000	First Resources Ltd.		34,466
	183,000	FJ Benjamin Holdings Ltd.		21,915
	28,000	Food Empire Holdings Ltd.		6,313
	164,000	Fragrance Group Ltd.		27,277
	111,000	Gallant Venture Ltd.(d)		20,103
	2,000	GK Goh Holdings Ltd.		1,353
	52,560	Global Premium Hotels Ltd.		13,793
	537,000	GMG Global Ltd.		25,405
	58,000	GP Industries Ltd.		27,654
	118,666	Guocoland Ltd.		157,894
	84,000	GuocoLeisure Ltd.		59,299
	21,000	Hanwell Holdings Ltd.(d)		4,347
	32,000	Hiap Hoe Ltd.		19,633
	135,000	Ho Bee Land Ltd.		206,572
	274,800	Hong Fok Corp. Ltd.		184,852
	131,000	Hong Leong Asia Ltd.		139,928
	9,000	Hour Glass Ltd. (The)		4,890
	5,400,000	Hyflux Ltd.(c)		3,812,093
	220,000	Indofood Agri Resources Ltd.		115,464
	101,000	Jiutian Chemical Group Ltd.(d)		4,629
	92,950	Jurong Technologies Industrial Corp. Ltd.(b)(c)(d)		0
	304,000	K1 Ventures Ltd.		42,022
	13,000	Keppel Infrastructure Trust - Units		10,282
	136,000	Keppel Land Ltd.		456,416
	10,000	Keppel Telecommunications & Transportation Ltd.		12,862
	195,000	LCD Global Investments Ltd.		49,730
	202,000	Lian Beng Group Ltd.		94,072
	42,000	Low Keng Huat Singapore Ltd.		22,819
	75,000	Lum Chang Holdings Ltd.		19,681
	39,000	M1 Ltd.		108,109
	289,800	Metro Holdings Ltd.		208,867
	101,000	Mewah International, Inc.		28,371
	308,000	Midas Holdings Ltd.		77,410
	110,000	Neptune Orient Lines Ltd.(d)		82,126

Shares			Value
SINGAPORE (continued)
	70,000	Olam International Ltd.	$	102,195
	32,238	OM Holdings Ltd.(d)		7,655
	59,000	OSIM International Ltd.		84,610
	675,000	Otto Marine Ltd.		20,957
	28,666	OUE Hospitality Trust REIT		19,813
	100,000	OUE Ltd.		162,626
	66,000	Oxley Holdings Ltd.		24,882
	21,000	Pan-United Corp. Ltd.		13,505
	218,200	Penguin International Ltd.		37,098
	71,000	Petra Foods Ltd.		209,935
	165,000	Popular Holdings Ltd.		37,810
	116,567	QAF Ltd.		86,598
	176,250	Raffles Education Corp. Ltd.		42,994
	31,281	Raffles Medical Group Ltd.		91,799
	199,000	Rickmers Maritime - Units		42,660
	93,000	Rotary Engineering Ltd.		38,154
	217,500	Roxy-Pacific Holdings Ltd(c)		85,212
	1,594,000	S i2i Ltd.(d)		4,713
	4,134,000	SATS Ltd.(c)		9,045,417
	97,000	Sheng Siong Group Ltd.		51,985
	4,017,000	SIA Engineering Co. Ltd.(c)		12,946,570
	100,500	Sim Lian Group Ltd.		65,747
	592,000	Sinarmas Land Ltd.		284,447
	72,000	Singapore Post Ltd.		113,897
	174,000	Singapore Reinsurance Corp. Ltd.(c)		40,516
	63,000	SMRT Corp. Ltd.		81,498
	458,000	Stamford Land Corp. Ltd.		191,285
	2,551,000	StarHub Ltd.		7,882,303
	183,000	Sunningdale Tech Ltd.		27,055
	136,000	SunVic Chemical Holdings Ltd.(d)		47,753
	82,000	Super Group Ltd.		67,283
	163,500	Swiber Holdings Ltd.		23,084
	7,000	Tat Hong Holdings Ltd.		3,829
	54,000	Technovator International Ltd.(d)		21,454
	219,000	Tiong Woon Corp. Holding Ltd.		36,424
	378,314	Tuan Sing Holdings Ltd.		113,259
	186,250	UMS Holdings Ltd.		70,904
	336,254	United Engineers Ltd.		755,627
	103,000	United Envirotech Ltd.		123,344
	408,975	United Industrial Corp. Ltd.(c)		1,064,157
	212,067	UOB-Kay Hian Holdings Ltd(c)		236,710
	180,711	UOL Group Ltd.		964,469
	12,000	Venture Corp. Ltd.		72,117
	722,295	Vibrant Group Ltd.		52,859
	201,812	Wheelock Properties (Singapore) Ltd.		279,714
	140,420	Wing Tai Holdings Ltd.		189,953
	1,436	XP Power Ltd.		31,276
	388,000	Yongnam Holdings Ltd.		51,339
				74,014,485

Shares			Value
SOUTH AFRICA — 0.6%
	13,497	Adcock Ingram Holdings Ltd.(d)	$	49,955
	95,496	Advtech Ltd.		75,446
	58,115	Aeci Ltd.		624,318
	109,566	African Bank Investments Ltd.(b)(c)		2,188
	200	African Oxygen Ltd.		240
	25,413	African Rainbow Minerals Ltd.		257,163
	13,164	Allied Electronics Corp. Ltd. - A Shares		19,896
	16,320	ArcelorMittal South Africa Ltd.(d)		34,826
	739	Assore Ltd.		10,541
	3,312	Astral Foods Ltd.		56,030
	59,671	Aveng Ltd.(d)		91,262
	69,764	AVI Ltd.		508,328
	109,006	Barloworld Ltd.		825,993
	28,795	Blue Label Telecoms Ltd.		20,994
	32,224	Business Connexion Group Ltd.		16,991
	3,333	Capitec Bank Holdings Ltd.		109,621
	4,294	Cashbuild Ltd.		68,585
	16,438	Caxton and CTP Publishers and Printers Ltd.		21,527
	4,704	City Lodge Hotels Ltd.		50,938
	348,378	Clicks Group Ltd.		2,702,061
	1,776	Consolidated Infrastructure Group Ltd.(d)		4,019
	51,846	Coronation Fund Managers Ltd.		460,804
	67,017	DataTec Ltd.		337,819
	43,539	Discovery Ltd.		431,090
	4,599	Distell Group Ltd.		56,673
	201,698	EOH Holdings Ltd.		2,085,916
	14,615	Exxaro Resources Ltd.		130,136
	1,244	Famous Brands Ltd.		11,842
	19,374	Foschini Group Ltd. (The)		278,922
	363,207	Gold Fields Ltd.		2,016,430
	7,837	Grand Parade Investments Ltd.		4,240
	63,300	Grindrod Ltd.		98,932
	2,656	Group Five Ltd.		6,012
	80,567	Harmony Gold Mining Co. Ltd.(d)		236,201
	7,349	Hudaco Industries Ltd.		74,323
	21,515	Hyprop Investments Ltd.		195,473
	22,845	Illovo Sugar Ltd.		47,279
	69,627	Imperial Holdings Ltd.		1,232,778
	109,158	Investec Plc		920,721
	372	Invicta Holdings Ltd.		2,429
	26,091	JD Group Ltd.(d)		56,685
	8,718	JSE Ltd.		91,575
	33,715	KAP Industrial Holdings Ltd.		14,679
	5,200	Lewis Group Ltd.		40,591
	23,475	Liberty Holdings Ltd.		264,283
	67,214	Life Healthcare Group Holdings Ltd.		251,078
	6,493	Massmart Holdings Ltd.		92,870
	39,962	Mediclinic International Ltd.		397,321

Shares			Value
SOUTH AFRICA (continued)
	20,504	Metair Investments Ltd.	$	57,225
	302,992	MMI Holdings Ltd.		815,177
	8,190	Mondi Ltd.		147,336
	231,628	Mondi Plc		4,148,177
	4,329	Mota-Engil Africa NV(d)		30,182
	23,977	Mpact Ltd.		73,197
	51,923	Mr. Price Group Ltd.		1,181,588
	51,151	Murray & Roberts Holdings Ltd.		86,401
	118,366	Nampak Ltd.		433,111
	67,640	Netcare Ltd.		225,428
	59,703	Northam Platinum Ltd.(d)		198,668
	176,581	Oceana Group Ltd.(c)		1,637,677
	87,024	Omnia Holdings Ltd.		1,275,879
	50,737	Peregrine Holdings Ltd.		105,875
	17,069	Pick’n Pay Stores Ltd.		84,326
	156,540	Pioneer Foods Ltd.		2,036,431
	19,653	PPC Ltd.		36,116
	43,439	PSG Group Ltd.		494,485
	15,191	Raubex Group Ltd.		26,534
	18,485	Resilient Property Income Fund Ltd. REIT		140,213
	22,339	Reunert Ltd.		120,241
	8,543	Santam Ltd.		167,449
	223,632	Sappi Ltd.(d)		921,798
	315,480	Sibanye Gold Ltd.		833,604
	38,542	Spar Group Ltd. (The)		610,615
	50,612	Steinhoff International Holdings Ltd.		259,688
	9,818	Sun International Ltd.		109,604
	155,519	Super Group Ltd.(d)		457,275
	104,458	Telkom SA SOC Ltd.(d)		625,223
	3,328	Tiger Brands Ltd.		112,652
	14,182	Times Media Group Ltd.		25,088
	6,768	Tongaat Hulett Ltd.		92,991
	24,146	Trencor Ltd.		146,369
	94,685	Truworths International Ltd.		658,608
	76,034	Tsogo Sun Holdings Ltd.		179,295
	3,138	Wilson Bayly Holmes-Ovcon Ltd.		32,471
	42,851	Woolworths Holdings Ltd.		319,773
	211,907	Zeder Investments Ltd.		142,484
				34,437,278
SOUTH KOREA — 1.0%
	416	Aekyung Petrochemical Co. Ltd.		25,677
	1,398	AfreecaTV Co. Ltd.		36,369
	821	AJ Rent A Car Co. Ltd.(d)		12,425
	1,228	AK Holdings, Inc.		113,974
	143	AMOREPACIFIC Corp.		346,647
	462	AMOREPACIFIC Group		529,340
	3,839	Anapass, Inc.		46,864
	61	Asia Cement Co. Ltd.		6,693
	299	ASIA Holdings Co. Ltd.		39,097
	2,330	Asia Paper Manufacturing Co. Ltd.		50,921

Shares			Value
SOUTH KOREA (continued)
	5,278	Asiana Airlines, Inc.(d)	$	41,651
	2,778	AtlasBX Co. Ltd.		108,722
	4,460	Baiksan Co. Ltd.		16,047
	772	Basic House Co. Ltd. (The)		11,648
	1,005	Binggrae Co. Ltd.		68,372
	1,230	Bioland Ltd.		27,556
	37,401	BS Financial Group, Inc.		473,668
	1,587	Bukwang Pharmaceutical Co. Ltd.		29,900
	2,010	Byucksan Corp.		11,708
	7,205	Cheil Worldwide, Inc.(d)		130,120
	602	Chongkundang Holdings Corp.		32,588
	73	Chosun Refractories Co. Ltd.		7,276
	624	CJ CGV Co. Ltd.		34,806
	1,720	CJ CheilJedang Corp.		553,621
	6,214	CJ Corp.		980,171
	8,812	CJ E&M Corp.(d)		307,002
	1,463	CJ Korea Express Co. Ltd.(d)		256,186
	226	CJ O Shopping Co. Ltd.		45,837
	930	CKD Bio Corp.		19,474
	987	Com2uSCorp(d)		160,198
	544	Cosmax BTI, Inc.		23,131
	5,361	Coway Co. Ltd.		430,409
	146	Crown Confectionery Co. Ltd.		31,240
	3,620	Dae Dong Industrial Co. Ltd.		34,095
	675	Dae Han Flour Mills Co. Ltd.		102,460
	16,020	Dae Won Kang Up Co. Ltd.		91,702
	8,001	Daeduck Electronics Co.		68,041
	3,310	Daeduck GDS Co. Ltd.		38,288
	2,521	Daegu Department Store		35,962
	1,201	Daehan Steel Co. Ltd.		6,029
	3,830	Dae-Il Corp.		16,355
	5,482	Daekyo Co. Ltd.		34,889
	11,609	Daelim Industrial Co. Ltd.		583,847
	2,161	Daesang Corp.		75,188
	3,927	Daesang Holdings Co. Ltd.		62,302
	2,180	Daesung Holdings Co. Ltd.		19,217
	2,958	Daesung Industrial Co. Ltd.(d)		24,749
	3,074	Daewon San Up Co. Ltd.		26,479
	25,684	Daewoo Engineering & Construction Co. Ltd.(d)		159,233
	7,621	Daewoo International Corp.		191,640
	34,916	Daewoo Securities Co. Ltd.(d)		322,469
	5,970	Daewoo Shipbuilding & Marine Engineering Co. Ltd.		106,451
	844	Daewoong Co. Ltd.		33,417
	859	Daewoong Pharmaceutical Co. Ltd.		48,700
	7,916	Daishin Securities Co. Ltd.		66,593
	3,023	Daou Data Corp.		30,822
	20,410	Daou Technology, Inc.		273,415
	12,865	Dasan Networks, Inc.(d)		86,112
	2,145	Daum Kakao Corp.		299,508
	19,689	Dayou Automotive Seat Technology Co. Ltd.		28,266
	3,090	DCM Corp.		45,491

Shares			Value
SOUTH KOREA (continued)
	28,216	DGB Financial Group, Inc.	$	273,491
	1,360	Dong Ah Tire & Rubber Co. Ltd.		23,504
	647	Dong-A Socio Holdings Co. Ltd.		74,249
	1,950	Dong-Ah Geological Engineering Co. Ltd.		13,302
	13,634	Dongbu Insurance Co. Ltd.		663,249
	905	Dongbu Securities Co. Ltd.(d)		3,310
	773	Dong-IL Corp.		51,095
	604	Dongil Industries Co. Ltd.		36,507
	10,139	Dongjin Semichem Co. Ltd.		34,906
	1,064	DongKook Pharmaceutical Co. Ltd.		39,258
	2,076	Dongkuk Industries Co. Ltd.		6,711
	18,158	Dongkuk Steel Mill Co. Ltd.		92,982
	694	Dongkuk Structures & Construction Co. Ltd.		2,056
	3,480	Dongsuh Co, Inc.		73,826
	9,440	Dongsung Holdings Co. Ltd.		63,100
	4,803	Dongwha Pharmaceutical Co. Ltd.		26,264
	360	Dongwon F&B Co. Ltd.		107,974
	267	Dongwon Industries Co. Ltd.		79,348
	373	Doosan Corp.		35,472
	4,310	Doosan Engine Co. Ltd.(d)		30,938
	15,625	Doosan Heavy Industries & Construction Co. Ltd.		332,903
	27,280	Doosan Infracore Co. Ltd.(d)		254,440
	2,462	DRB Holding Co. Ltd.		27,017
	6,845	DY Corp.		41,436
	3,664	DY POWER Corp.(d)		36,352
	270	E1 Corp.		15,628
	1,441	Eagon Industries Co. Ltd.		20,556
	9,342	Easy Bio, Inc.		48,948
	5,009	e-LITECOM Co. Ltd.		68,704
	305	Eo Technics Co. Ltd.		35,699
	12,586	Eugene Corp.		41,144
	13,874	Eugene Investment & Securities Co. Ltd.(d)		26,387
	3,164	Eugene Technology Co. Ltd.		41,228
	4,964	Eusu Holdings Co. Ltd.(d)		49,931
	5,387	EVERDIGM Corp.		34,284
	656	Fila Korea Ltd.		65,684
	2,079	Fursys, Inc.		58,648
	520	Gaon Cable Co. Ltd.		11,864
	2,530	Global & Yuasa Battery Co. Ltd.		93,926
	2,787	Global Display Co. Ltd.		16,234
	1,396	Golfzon Co. Ltd.		31,849
	3,423	Grand Korea Leisure Co. Ltd.		125,514
	289	Green Cross Corp.		36,733
	6,488	Green Cross Holdings Corp.		129,926
	11,791	GS Engineering & Construction Corp.(d)		270,085
	17,541	GS Holdings Corp.		668,855
	5,804	GS Retail Co. Ltd.		138,519
	338	Gwangju Shinsegae Co. Ltd.		96,585

Shares			Value
SOUTH KOREA (continued)
	4,540	Halla Corp.(d)	$	25,780
	12,680	Halla Visteon Climate Control Corp.		538,575
	197,259	Han Kuk Carbon Co. Ltd.		1,017,320
	3,827	Hana Micron, Inc.(d)		37,969
	717	Hana Tour Service, Inc.		55,991
	2,251	Hancom, Inc.		41,990
	174	Handok, Inc.		3,357
	6,705	Handsome Co. Ltd.		187,612
	1,474	Hanil Cement Co. Ltd.		223,068
	17,695	Hanjin Heavy Industries & Construction Co. Ltd.(d)		62,942
	2,710	Hanjin Heavy Industries & Construction Holdings Co. Ltd.		16,975
	1,969	Hanjin Kal Corp.(d)		58,786
	1,870	Hanjin Transportation Co. Ltd.		108,411
	90	Hankook Shell Oil Co. Ltd.		41,107
	680	Hankuk Paper Manufacturing Co. Ltd.		19,089
	890	Hanmi Pharm Co. Ltd.(d)		79,592
	2,520	Hanmi Semiconductor Co. Ltd.		39,749
	956	Hansae Co. Ltd.		33,350
	3,000	Hansae Yes24 Holdings Co. Ltd.		32,644
	2,694	Hansol Chemical Co. Ltd.		123,664
	5,936	Hansol Holdings Co. Ltd.		42,989
	24,530	Hansol HomeDeco Co. Ltd.(d)		32,861
	2,170	Hansol Logistics Co. Ltd.		4,544
	3,624	Hansol Paper Co. Ltd.(d)		64,785
	624	Hanssem Co. Ltd.		88,442
	11,725	Hanwha Chemical Corp.		131,874
	15,526	Hanwha Corp.		389,002
	770	Hanwha Galleria Timeworld Co. Ltd.		46,822
	4,700	Hanwha General Insurance Co. Ltd.(d)		17,985
	9,373	Hanwha Investment & Securities Co. Ltd.(d)		34,112
	7,532	Hanwha Life Insurance Co. Ltd.		53,584
	3,343	Hanyang Eng Co. Ltd.		22,927
	2,720	Hanyang Securities Co. Ltd.		18,380
	4,708	Harim Holdings Co. Ltd.(d)		21,504
	4,910	Heung-A Shipping Co. Ltd.		12,571
	7,231	Hite Jinro Co. Ltd.		153,731
	2,043	Hite Jinro Holdings Co. Ltd.		21,577
	7,223	HMC Investment Securities Co. Ltd.(d)		67,699
	7,616	Hotel Shilla Co. Ltd.		710,344
	4,768	Huchems Fine Chemical Corp.		115,538
	2,950	Humax Co. Ltd.		44,239
	1,732	Huons Co. Ltd.		93,125
	3,050	Husteel Co. Ltd.		48,807
	6,850	Huvis Corp.		71,720
	75,913	Huvitz Co. Ltd.		1,134,947
	940	Hwa Shin Co. Ltd.		5,991

Shares			Value
SOUTH KOREA (continued)
	439	Hwacheon Machine Tool Co. Ltd.	$	26,053
	55,359	Hy-Lok Corp.(c)		1,397,136
	7,624	Hyosung Corp.		506,129
	3,447	Hyundai BNG Steel Co. Ltd.(d)		46,492
	3,107	Hyundai Corp.		77,988
	3,392	Hyundai Department Store Co. Ltd.		370,651
	33,280	Hyundai Development Co-Engineering & Construction		1,313,124
	1,505	Hyundai Elevator Co. Ltd.(d)		89,452
	4,090	Hyundai Engineering Plastics Co. Ltd.		33,061
	12,136	Hyundai Greenfood Co. Ltd.		191,983
	250	Hyundai Home Shopping Network Corp.		27,432
	12,260	Hyundai Hy Communications & Networks Co. Ltd.		48,710
	2,935	Hyundai Hysco Co. Ltd.		206,652
	1,492	Hyundai Livart Furniture Co. Ltd.		46,796
	28,641	Hyundai Marine & Fire Insurance Co. Ltd.		683,550
	22,357	Hyundai Securities Co. Ltd.(d)		153,531
	2,104	Hyundai Wia Corp.		296,284
	4,916	Hyunjin Materials Co. Ltd.(d)		15,756
	6,050	Il Dong Pharmaceutical Co. Ltd.		92,941
	4,214	Iljin Electric Co. Ltd.		34,641
	5,949	Iljin Holdings Co. Ltd.		36,392
	803	Ilshin Spinning Co. Ltd.		123,358
	266	Ilsung Pharmaceuticals Co. Ltd.		27,485
	2,000	iMarketKorea, Inc.		50,110
	1,599	InBody Co. Ltd.		56,731
	4,561	Innox Corp.(d)		65,896
	680	Intelligent Digital Integrated Securities Co. Ltd.		8,425
	5,692	Interflex Co. Ltd.(d)		98,631
	18,445	Interpark Corp.		154,833
	1,419	INTOPS Co. Ltd.		23,940
	5,477	IS Dongseo Co. Ltd.(d)		293,482
	3,791	ISU Chemical Co. Ltd.		30,124
	15,507	IsuPetasys Co. Ltd.		79,265
	2,800	Jahwa Electronics Co. Ltd.		38,277
	17,236	JB Financial Group Co. Ltd.		91,885
	3,330	Jeil Pharmaceutical Co.		64,706
	3,277	JW Pharmaceutical Corp.		42,101
	6,731	Kangwon Land, Inc.		199,419
	6,008	KB Capital Co. Ltd.		113,447
	7,300	KC Green Holdings Co. Ltd.		60,411
	10,532	KC Tech Co. Ltd.		74,252
	2,126	KCP Co. Ltd.		67,461
	1,016	KEPCO Engineering & Construction Co., Inc.		39,624
	2,519	KEPCO Plant Service & Engineering Co. Ltd.		203,390

Shares			Value
SOUTH KOREA (continued)
	13,960	Keyang Electric Machinery Co. Ltd.	$	52,273
	3,081	Kginicis Co. Ltd.		69,587
	1,884	KH Vatec Co. Ltd.		69,944
	1,110	KISCO Corp.		32,175
	6,150	Kishin Corp.		39,928
	2,418	KISWIRE Ltd.		89,885
	3,098	KIWOOM Securities Co. Ltd.		165,721
	9,767	Koentec Co. Ltd.		24,114
	2,185	Koh Young Technology, Inc.		94,904
	123,105	Kolao Holdings		1,913,666
	1,176	Kolon Corp.		24,303
	2,362	Kolon Global Corp.(d)		17,279
	1,581	Kolon Industries, Inc.		67,152
	461	Kolon Life Science, Inc.		18,548
	1,632	KONA I Co. Ltd.		51,037
	3,631	Kook Soon Dang Brewery Co. Ltd.		19,955
	7,057	Korea Aerospace Industries Ltd.		302,323
	3,069	Korea Circuit Co. Ltd.		35,640
	2,939	Korea Electric Terminal Co. Ltd.		173,878
	820	Korea Export Packaging Industrial Co. Ltd.		17,171
	1,060	Korea Flange Co. Ltd.		15,654
	15,405	Korea Investment Holdings Co. Ltd.		732,498
	1,694	Korea Kolmar Co. Ltd.		89,378
	2,027	Korea Kolmar Holdings Co. Ltd.		101,943
	668	Korea Petrochemical Industrial Co. Ltd.		50,210
	1,632	Korea United Pharm, Inc.		22,982
	278	Korea Zinc Co. Ltd.		109,182
	42,765	Korean Reinsurance Co.		398,869
	2,250	Kortek Corp.		24,072
	787	KPX Chemical Co. Ltd.		40,228
	1,070	KT Skylife Co., Ltd.		15,850
	1,913	Kukdo Chemical Co. Ltd.		81,691
	2,220	Kumho Petrochemical Co. Ltd.		182,090
	24,224	Kumho Tire Co., Inc.(d)		215,083
	865	Kumkang Kind Co. Ltd.		53,786
	1,030	Kunsul Chemical Industrial Co. Ltd.		51,613
	22,130	Kwang Dong Pharmaceutical Co. Ltd.		221,583
	4,902	Kyobo Securities Co. Ltd.(d)		43,838
	1,380	Kyung Dong Navien Co. Ltd.		31,358
	101	Kyungbang Ltd.(d)		15,423
	3,353	Kyungchang Industrial Co. Ltd.		23,915
	1,746	Kyungdong Pharm Co. Ltd.		38,317
	17,150	Kyung-In Synthetic Corp.		73,549
	1,856	LEENO Industrial, Inc.		67,971
	2,220	LF Corp.		63,945
	491	LG Hausys Ltd.		80,591
	2,674	LG InnoTek Co. Ltd.		239,379
	6,921	LG International Corp.		232,577

Shares			Value
SOUTH KOREA (continued)
	71,227	LG Uplus Corp.	$	788,082
	8,486	LIG Insurance Co. Ltd.		178,473
	5,383	Lock & Lock Co. Ltd.		51,192
	403	Lotte Chilsung Beverage Co. Ltd.		613,934
	448	Lotte Confectionary Co. Ltd.		765,647
	192	Lotte Food Co. Ltd.		109,027
	480	LOTTE Himart Co. Ltd.		23,658
	3,273	Lotte Non-Life Insurance Co. Ltd.(d)		8,036
	8,036	LS Corp.		353,816
	3,172	LS Industrial Systems Co. Ltd.		175,771
	6,209	Lumens Co. Ltd.(d)		37,245
	16,340	Macquarie Korea Infrastructure Fund		109,820
	325	Macrogen, Inc.(d)		16,642
	48	Maeil Dairy Industry Co. Ltd.		1,413
	1,469	Mando Corp.(d)		222,311
	6,387	Medy-Tox, Inc.		2,162,095
	1,230	MegaStudy Co. Ltd.		67,034
	7,912	Melfas, Inc.(d)		37,693
	4,961	Meritz Financial Group, Inc.		44,139
	20,522	Meritz Fire & Marine Insurance Co. Ltd.		228,940
	105,403	Meritz Securities Co. Ltd.		370,588
	44	Mi Chang Oil Industrial Co. Ltd.		2,857
	7,984	Mirae Asset Securities Co. Ltd.		338,751
	10,335	MK Electron Co. Ltd.		55,002
	599	MNTech Co. Ltd.(d)		3,122
	9,910	Moorim P&P Co. Ltd.		35,613
	8,590	Motonic Corp.		108,003
	1,038	Muhak Co. Ltd.(d)		35,184
	2,496	Namhae Chemical Corp.		20,199
	936	NCSoft Corp.		172,890
	2,438	Neowiz Games Corp.(d)		49,937
	3,444	NEPES Corp.(d)		29,823
	2,915	Nexen Corp.		235,098
	2,396	Nexen Tire Corp.		34,178
	18,756	NH Investment & Securities Co. Ltd.		190,373
	2,105	NICE Holdings Co. Ltd.		33,011
	5,313	NICE Information Service Co. Ltd.		30,947
	5,182	NK Co. Ltd.(d)		20,139
	588	Nong Shim Holdings Co. Ltd.		58,069
	1,420	NongShim Co. Ltd.		300,594
	800	Noroo Holdings Co. Ltd.		16,752
	2,740	NPC		14,081
	537	OCI Materials Co. Ltd.		31,721
	124	Orion Corp.		119,056
	2,234	Osstem Implant Co. Ltd.(d)		90,496
	327	Ottogi Corp.		170,138
	2,944	Pan-Pacific Co. Ltd.		17,148
	1,530	PaperCorea, Inc.(d)		1,019
	1,581	Paradise Co. Ltd.		38,021
	4,829	Partron Co. Ltd.		54,975

Shares			Value
SOUTH KOREA (continued)
	9,216	Poongsan Corp.	$	191,719
	2,204	Poongsan Holdings Corp.		78,095
	344	POSCO Chemtech Co. Ltd.		42,623
	15,438	Posco ICT Co. Ltd.		77,642
	601	Posco M-Tech Co. Ltd.		1,520
	6,809	PSK, Inc.		85,611
	287	Pulmuone Co. Ltd.		34,379
	133,690	Pyeong Hwa Automotive Co. Ltd.(c)		2,078,210
	6,560	S&T Dynamics Co. Ltd.		60,285
	3,244	S&T Holdings Co. Ltd.		58,446
	3,260	S&T Motiv Co. Ltd.		132,505
	2,112	S-1 Corp.		154,499
	1,110	Sajo Industries Co. Ltd.(d)		45,370
	4,770	Sam Young Electronics Co. Ltd.		52,341
	422	Sam Yung Trading Co. Ltd.		9,030
	381	Samchully Co. Ltd.		48,078
	1,716	SAMHWA Paints Industrial Co. Ltd.		23,537
	23,040	Samick Musical Instruments Co. Ltd.		91,014
	4,310	Samick THK Co. Ltd.		32,908
	3,350	Samjin Pharmaceutical Co. Ltd.		70,915
	670	Samkwang Glass Co. Ltd.		45,704
	217	Samlip General Foods Co. Ltd.		38,296
	11,987	Samsung Electro-Mechanics Co. Ltd.		734,390
	5,110	Samsung Fine Chemicals Co. Ltd.		159,571
	2,960	Samsung Securities Co. Ltd.		128,837
	2,116	Samsung Techwin Co. Ltd.		44,406
	71	Samyang Genex Co. Ltd.		6,947
	2,751	Samyang Holdings Corp.		237,971
	10,570	Savezone I&C Corp.		59,345
	5,185	SBS Media Holdings Co. Ltd.		21,264
	7,130	Seah Besteel Corp.		207,654
	485	SeAH Holdings Corp.		64,971
	1,408	SeAH Steel Corp.		98,493
	3,695	Sebang Co. Ltd.		64,365
	52,413	Seegene, Inc.(d)		1,572,007
	5,490	Sejong Industrial Co. Ltd.		68,023
	2,631	Seobu T&D(d)		40,902
	21,020	Seohee Construction Co. Ltd.(d)		14,973
	8,449	Seoul Semiconductor Co. Ltd.		150,654
	3,879	Seoyeon Co. Ltd.		50,013
	2,690	Sewon Cellontech Co. Ltd.(d)		6,641
	520	Sewon Precision Industry Co. Ltd.		12,363
	1,290	SFA Engineering Corp.		54,438
	15,920	Shin Poong Pharmaceutical Co. Ltd.		60,415
	2,335	Shinsegae Co. Ltd.		343,759
	342	Shinsegae Information & Communication Co. Ltd.		32,993
	176	Shinsegae International Co. Ltd.		14,484
	22,990	Shinsung Tongsang Co. Ltd.(d)		30,062

Shares			Value
SOUTH KOREA (continued)
	15,480	Shinwon Corp.(d)	$	26,187
	1,420	Shinyoung Securities Co. Ltd.		72,974
	1,305	Silicon Works Co. Ltd.		34,606
	2,200	Silla Co. Ltd.		43,252
	1,760	SIMPAC, Inc.		9,125
	579	Sindoh Co. Ltd.		37,961
	2,720	SJM Co. Ltd.		17,037
	51,852	SK Broadband Co. Ltd.(d)		201,273
	6,916	SK Chemicals Co. Ltd.		386,401
	5,137	SK Communications Co. Ltd.(d)		34,666
	1,889	SK Gas Ltd.		148,872
	9,924	SK Networks Co. Ltd.(d)		85,392
	39,972	SK Securities Co. Ltd.(d)		34,285
	10,160	SKC Co. Ltd.		281,035
	2,927	SL Corp.		47,374
	2,204	Soulbrain Co. Ltd.		73,561
	3,036	Ssangyong Cement Industrial Co. Ltd.(d)		41,781
	7,407	STS Semiconductor & Telecommunications(d)		28,108
	1,402	Suheung Co. Ltd.		63,331
	620	Sungchang Enterprise Holdings Ltd.(d)		12,047
	5,826	Sungshin Cement Co. Ltd.(d)		72,186
	3,092	Sungwoo Hitech Co. Ltd.		34,352
	214	Sunjin Co. Ltd.		6,086
	1,602	Suprema, Inc.(d)		39,479
	6,520	Tae Kyung Industrial Co. Ltd.		34,520
	220	Taekwang Industrial Co. Ltd.		226,920
	10,606	Taeyoung Engineering & Construction Co. Ltd.(d)		47,230
	16,710	Tailim Packaging Industrial Co. Ltd.		35,067
	2,039	TCC Steel		5,100
	16,250	TK Chemical Corp.(d)		26,821
	3,460	TK Corp.(d)		33,382
	16,256	TONGYANG Life Insurance		163,511
	1,932	Toray Chemical Korea, Inc.(d)		24,910
	3,450	Tovis Co. Ltd.		62,148
	1,704	TS Corp.		38,954
	931	Uju Electronics Co. Ltd.		13,068
	1,434	Unid Co. Ltd.		77,102
	1,454	Value Added Technologies Co. Ltd.		35,566
	1,205	Vieworks Co. Ltd.		36,196
	2,705	Wonik IPS Co. Ltd.(d)		33,145
	1,270	Woongjin Energy Co. Ltd.(d)		1,829
	5,662	Woongjin Thinkbig Co. Ltd.(d)		39,038
	1,080	YESCO Co. Ltd.		33,133
	1,004	YG Entertainment, Inc.		43,608
	9,270	Yoosung Enterprise Co. Ltd.		43,146
	5,543	Youlchon Chemical Co. Ltd.		54,741
	262	Young Poong Corp.		340,677
	2,354	Young Poong Precision Corp.		21,073
	3,086	Youngone Corp.		159,154
	1,498	Youngone Holdings Co. Ltd.		123,281

Shares			Value
SOUTH KOREA (continued)
	454	Yuhan Corp.	$	70,989
				53,029,916
SPAIN — 0.4%
	22,055	Abengoa SA		70,156
	47,840	Abengoa SA - B Shares		141,094
	6,094	Acciona SA(d)		436,929
	11,787	Acerinox SA		175,814
	1,626	Adveo Group International SA		23,886
	8,227	Almirall SA(d)		143,816
	7,200	Atresmedia Corp. de Medios de Comunicaion SA		105,930
	1,125,449	Banco de Sabadell SA		2,853,810
	1,087	Banco Popular Espanol SA		4,611
	5	Banco Popular Espanol SA - New Share Issue Shares 2015(c)		20
	91,891	Bankinter SA		640,566
	1,315	Baron de Ley(d)		114,418
	4,515	Bolsas y Mercados Espanoles SA		185,991
	20,024	Caja de Ahorros del Mediterraneo(b)(c)(d)		0
	16,842	Cie Automotive SA		242,650
	295	Construcciones y Auxiliar de Ferrocarriles SA		99,154
	83,680	Distribuidora Internacional de Alimentacion SA		543,519
	8,393	Duro Felguera SA		33,763
	19,051	Ebro Foods SA		324,420
	152,602	EDP Renovaveis SA		1,022,566
	8,994	Elecnor SA		83,236
	104,144	Enagas SA		3,306,869
	47,905	Ence Energia y Celulosa SA		143,451
	18,452	Ercros SA(d)		8,632
	14,075	Faes Farma SA		28,708
	1,503	Faes Farma SA - New Share Issue Shares 2014(c)		3,066
	9,353	Fluidra SA(d)		31,495
	11,267	Fomento de Construcciones y Contratas SA(d)		139,921
	58,292	Gamesa Corp. Tecnologica SA(d)		580,839
	20,884	Grupo Catalana Occidente SA		598,230
	1,413	Iberpapel Gestion SA		20,837
	17,222	Indra Sistemas SA		176,373
	1,502	Laboratorios Farmaceuticos Rovi SA		18,483
	14,025	Mediaset Espana Comunicacion SA(d)		171,081
	11,410	Melia Hotels International SA		131,318
	2,083	Miquel y Costas & Miquel SA		72,143
	7,443	NH Hotel Group SA(d)		36,922
	6,808	Obrascon Huarte Lain SA		157,668
	13,575	Papeles y Cartones de Europa SA		65,424
	9,252	Pescanova SA(b)(c)(d)		0

Shares			Value
SPAIN (continued)
	1,765	Prim SA	$	12,744
	147,552	Promotora de Informaciones SA - Class A(d)		39,182
	834,726	Prosegur Cia de Seguridad SA		4,650,153
	29,481	Red Electrica Corp. SA		2,517,158
	64,394	Sacyr SA(d)		238,960
	2,247	Tecnicas Reunidas SA		87,510
	41,405	Tubacex SA		121,413
	30,838	Tubos Reunidos SA		55,406
	6,888	Vidrala SA		341,769
	7,790	Viscofan SA		451,136
	3,794	Zardoya Otis SA		43,258
	9,982	Zeltia SA(d)		34,064
				21,530,562
SWEDEN — 0.6%
	5,518	AAK AB		300,035
	10,741	Acando AB		17,395
	3,083	AddNode Group AB		17,475
	7,665	AddTech AB - Class B		108,849
	537,398	AF AB - B Shares(c)		8,248,477
	2,072	Atrium Ljungberg AB - Class B		31,252
	1,644	Avanza Bank Holding AB		54,242
	8,149	Axfood AB		494,896
	4,264	Axis Communications AB		114,405
	5,502	B&B Tools AB - Class B		94,258
	6,098	Beijer Alma AB.		147,029
	2,816	Beijer Ref AB		45,860
	1,169	Betsson AB		43,840
	7,667	Bilia AB - Class A		233,044
	66,592	BillerudKorsnas AB		1,014,067
	4,165	BioGaia AB - Class B		90,607
	8,156	Biotage AB		14,046
	132,273	Boliden AB		2,075,009
	29,620	Bure Equity AB		138,896
	5,057	Byggmax Group AB		33,615
	2,201	Castellum AB		34,634
	1,272	Catena AB		16,757
	4,800	Clas Ohlson AB - Class B		74,255
	7,256	Cloetta AB - B Shares(d)		22,011
	13,655	Duni AB		202,163
	59,753	Electrolux AB - Class B		1,850,897
	52,670	Elekta AB - Class B		565,263
	1,207	Enea AB		10,904
	3,075	Fabege AB		42,069
	2,223	Fagerhult AB		36,874
	51,383	Getinge AB - Class B		1,268,708
	19,333	Gunnebo AB		94,163
	3,127	Haldex AB		42,327
	5,690	Hexpol AB		571,806
	5,834	HIQ International AB		30,248
	440	HMS Networks AB		7,711
	15,282	Holmen AB - Class B		551,683
	22,054	Husqvarna AB - Class A		153,660
	123,031	Husqvarna AB - Class B		854,981
	7,347	ICA Gruppen AB		282,632

Shares			Value
SWEDEN (continued)
	11,328	Industrial & Financial Systems - Class B	$	349,114
	5,489	Indutrade AB		223,827
	31,357	Intrum Justitia AB		835,636
	13,671	JM AB		450,897
	18,400	KappAhl AB		92,953
	6,706	KNOW IT AB		39,470
	13,464	Kungsleden AB		103,329
	2,706	Lagercrantz AB - Class B		47,421
	18,526	Lindab International AB(d)		153,708
	22,722	Loomis AB - Class B		672,801
	68,030	Lundin Petroleum AB(d)		883,037
	147,237	Meda AB - Class A		2,076,643
	2,363	Medivir AB - Class B(d)		28,059
	775	Mekonomen AB		18,218
	1,989	Modern Times Group MTG AB - Class B		56,346
	1,715	MQ Holding AB		7,441
	3,624	Munksjo Oyj		38,453
	5,655	Mycronic AB		19,820
	1,241	NCC AB - Class A		40,121
	13,909	NCC AB - Class B		450,342
	2,159	Nederman Holding AB		40,966
	4,881	Net Entertainment NE AB - Class B		154,850
	16,043	New Wave Group AB - Class B		84,925
	12,142	Nibe Industrier AB - Class B		308,752
	61,798	Nobia AB		536,630
	8,614	Nolato AB - B Shares		207,172
	13,485	Nordnet AB - Class B		45,307
	117,641	Peab AB		845,960
	5,327	Proffice AB - Class B		12,876
	33,581	Ratos AB - Class B		210,028
	10,896	Rezidor Hotel Group AB(d)		40,823
	7,670	Saab AB - Class B		187,064
	166	Sagax AB - Class B		1,103
	48,567	SAS AB(d)		96,850
	4,652	Sectra AB - B Shares		70,138
	89,672	Securitas AB - Class B		1,093,508
	4,156	Semcon AB		26,119
	5,769	SkiStar AB		58,916
	31,885	SSAB - A Shares(d)		154,928
	69,478	SSAB - Class B(d)		300,064
	59,092	SSAB AB - B Shares(d)		254,888
	49,119	SSAB AB - Class A(d)		239,000
	9,782	Sweco AB - Class B		130,636
	2,770	Systemair AB		33,812
	138,269	Tele2 AB - B Shares		1,564,972
	3,356	Transcom Worldwide AB(d)		22,916
	46,004	Trelleborg AB - Class B		832,877
	3,694	Vitrolife AB		78,798
	8,602	Wallenstam AB - Class B		142,532
				34,396,089
SWITZERLAND — 1.3%
	13,283	Actelion Ltd.		1,475,567

Shares			Value
SWITZERLAND (continued)
	5,545	AFG Arbonia-Forster Holding AG	$	99,341
	435,000	Allied World Assurance Co. Holdings AG		16,821,450
	4,301	Allreal Holding AG		676,862
	580	Alpiq Holding AG		41,059
	934	ALSO Holding AG		50,911
	314	APG SGA SA		101,566
	33,554	Aryzta AG		2,539,755
	6,786	Ascom Holding AG		104,576
	827	Autoneum Holding AG		138,704
	83	Bachem Holding AG - Class B		3,887
	32,904	Baloise Holding AG		4,300,240
	640	Bank Coop AG		28,299
	277	Banque Cantonale de Geneve		65,615
	1,539	Banque Cantonale Vaudoise		899,231
	486	Barry Callebaut AG		485,365
	942	Basler Kantonalbank		65,300
	1,342	Belimo Holding AG(c)		3,105,805
	61	Bell AG		147,551
	1,144	Berner Kantonalbank AG		225,262
	528	BKW AG		15,814
	4,131	Bobst Group SA		125,748
	1,166	Bossard Holding AG(d)		120,892
	2,459	Bucher Industries AG		605,243
	26,023	Burckhardt Compression Holding AG(c)		8,063,106
	232	Burkhalter Holding AG		24,635
	977	Calida Holding AG		36,869
	36	Carlo Gavazzi Holding AG		7,802
	178	Cham Paper Holding AG		45,072
	15	Chocoladefabriken Lindt & Sprungli AG		945,627
	230	Cicor Technologies		8,116
	40	Cie Financiere Tradition SA		1,808
	117,388	Clariant AG		1,892,118
	22,697	Coca-Cola HBC AG - CDI		366,136
	1,178	Coltene Holding AG		79,543
	35	Conzzeta AG		113,592
	1,126	Daetwyler Holding AG		134,526
	236	Dufry AG(d)		34,878
	11,406	EFG International AG		123,476
	844	Emmi AG		276,676
	3,678	Energiedienst Holding AG		112,159
	2,933	Flughafen Zuerich AG		1,999,628
	350	Forbo Holding AG		340,585
	891	Galenica AG		717,594
	48,934	GAM Holding AG		868,682
	1,784	Geberit AG		612,412
	2,399	Georg Fischer AG		1,440,915
	259	Gurit Holding AG		93,084
	5,418	Helvetia Holdings AG		2,770,367
	1,537	Huber & Suhner AG		68,547
	5,293	Implenia AG		289,668
	249	Inficon Holding AG		83,524
	136	Interroll Holding AG		69,429

Shares			Value
SWITZERLAND (continued)
	104	Intershop Holdings AG	$	41,908
	48,543	Julius Baer Group Ltd.		1,987,821
	1	Jungfraubahn Holding AG		87
	821	Kaba Holding AG - Class B		413,093
	1,015	Kardex AG		48,583
	1,169	Komax Holding AG		176,330
	17,216	Kudelski SA(d)		197,810
	777	Kuoni Reisen Holding AG		260,636
	161	LEM Holding SA		123,880
	13,174	Logitech International SA		194,410
	16,086	Lonza Group AG		1,913,081
	1,144	Luzerner Kantonalbank AG		437,316
	275	MCH Group AG		17,955
	80	Metall Zug AG - Class B		196,036
	1,111	Meyer Burger Technology AG(d)		6,921
	8,521	Micronas Semiconductor Holding AG		51,041
	5,152	Mobilezone Holding AG(d)		61,721
	2,099	Mobimo Holding AG		485,545
	111,727	OC Oerlikon Corp AG(d)		1,277,645
	2,840	Orascom Development Holding AG(d)		48,715
	2,184	Orior AG		127,253
	1,572	Panalpina Welttransport Holding AG		192,605
	3,238	Partners Group Holding AG		869,626
	281	Phoenix Mecano AG		126,162
	296	Rieter Holding AG		42,972
	154	Romande Energie Holding SA		162,688
	78	Schaffner Holding AG		21,896
	272,958	Schmolz & Bickenbach AG(d)		243,766
	225	Schweiter Technologies AG		172,756
	588	Siegfried Holding AG		98,107
	277	Sika AG		950,887
	1,983	Sonova Holding AG		261,535
	813	St. Galler Kantonalbank AG		308,793
	166,482	STMicroelectronics NV		1,392,116
	721	Straumann Holding AG		163,407
	4,456	Sulzer AG		474,378
	8,494	Swiss Life Holding AG		1,901,946
	896	Swissquote Group Holding SA		23,420
	953	Tamedia AG		130,568
	717	Tecan Group AG		72,426
	2,855	Temenos Group AG		87,217
	4,427	Valiant Holding AG		361,604
	866	Valora Holding AG		209,568
	457	Vaudoise Assurances Holding SA		215,136
	21	Vetropack Holding AG		30,555
	10,047	Vontobel Holding AG		336,468
	1,437	Walter Meier AG(d)		66,044
	62	Ypsomed Holding AG		5,645
	3,383	Zehnder Group AG		147,375
	52	Zug Estates Holding AG - B Shares		72,773

Shares			Value
SWITZERLAND (continued)
	31	Zuger Kantonalbank AG	$	150,240
				71,225,083
TAIWAN — 1.0%
	6,000	Ability Enterprise Co. Ltd.		3,570
	27,000	AcBel Polytech, Inc.		31,144
	61,000	Accton Technology Corp.		30,293
	187,878	Acer, Inc.(d)		123,112
	64,765	Achem Technology Corp.		38,637
	26,497	Action Electronics Co. Ltd.(d)		5,633
	9,000	Actron Technology Corp.		32,272
	8,688	Adlink Technology, Inc.		21,504
	54,060	Advancetek Enterprise Co. Ltd.		40,742
	80,027	AGV Products Corp.(d)		20,214
	292,090	Airtac International Group		2,548,900
	1,000	ALI Corp.		798
	19,170	Alltek Technology Corp.		18,553
	29,050	Altek Corp.		34,384
	78,000	Ambassador Hotel (The)		69,675
	18,000	AMPOC Far-East Co. Ltd.		16,621
	29,830	AmTRAN Technology Co. Ltd.		16,896
	24,139	Anpec Electronics Corp.		25,010
	52,000	APCB, Inc.		39,355
	22,552	Apex Biotechnology Corp.		38,000
	162,604	Ardentec Corp.		138,799
	63,427	Arima Communications Corp.(d)		26,064
	28,000	Asia Optical Co., Inc.(d)		38,073
	51,000	Asia Polymer Corp.		37,869
	30,100	Asia Vital Components Co. Ltd.		23,162
	11,000	Aten International Co. Ltd.		29,007
	2,537,000	AU Optronics Corp.		1,392,740
	44,800	Audix Corp.		62,906
	19,000	Aurora Corp.		32,316
	28,270	Avermedia Technologies, Inc.		9,823
	84,042	Bank of Kaohsiung Co. Ltd.		24,108
	903,350	BES Engineering Corp.		216,711
	48,000	Biostar Microtech International Corp.		17,364
	1,000	Boardtek Electronics Corp.		1,396
	13,000	C Sun Manufacturing Ltd.		9,467
	145,781	Capital Securities Corp.		47,648
	69,000	Career Technology Manufacturing Co. Ltd.		73,678
	77,000	Carnival Industrial Corp.		19,254
	103,000	Cathay No. 1 REIT		58,832
	149,000	Cathay Real Estate Development Co. Ltd.		79,196
	19,760	Central Reinsurance Co. Ltd.		10,409
	47,000	ChainQui Construction Development Co. Ltd.		34,601
	148,000	Champion Building Materials Co. Ltd.		44,334
	1,923	Chang Wah Electromaterials, Inc.		4,479
	68,350	Charoen Pokphand Enterprise		59,645

Shares			Value
TAIWAN (continued)
	11,000	Chaun-Choung Technology Corp.	$	31,415
	13,000	CHC Resources Corp.		29,454
	731,920	Cheng Loong Corp.		297,288
	110,797	Cheng Uei Precision Industry Co. Ltd.		196,888
	33,000	Chia Chang Co. Ltd.		32,358
	311,659	Chia Hsin Cement Corp.		137,467
	117,938	Chicony Electronics Co. Ltd.		327,465
	48,120	Chien Kuo Construction Co. Ltd.		17,407
	11,164	Chilisin Electronics Corp.		15,251
	50,000	Chimei Materials Technology Corp.		51,010
	541,744	China Airlines Ltd.(d)		273,335
	66,000	China Chemical & Pharmaceutical Co. Ltd.		42,725
	1,912	China Development Financial Holding Corp.		631
	11,000	China Ecotek Corp.		23,596
	180,907	China General Plastics Corp.		86,683
	285,553	China Life Insurance Co. Ltd.		240,577
	441,505	China Man-Made Fiber Corp.(d)		160,415
	63,077	China Metal Products		63,851
	280,391	China Motor Corp.		241,567
	395,881	China Petrochemical Development Corp.(d)		148,863
	21,114	China Steel Chemical Corp.		102,510
	37,000	China Steel Structure Co. Ltd.		32,346
	185,616	China Synthetic Rubber Corp.		189,660
	96,000	China Wire & Cable Co. Ltd.(d)		35,642
	17,000	Chinese Maritime Transport Ltd.		18,180
	66,883	Chin-Poon Industrial Co. Ltd.		113,759
	45,000	Chipbond Technology Corp.		92,532
	35,876	Chroma ATE, Inc.		89,822
	92,000	Chun Yu Works & Co. Ltd.		42,331
	162,779	Chun Yuan Steel		59,402
	69,125	Chung Hsin Electric & Machinery Manufacturing Corp.		44,967
	43,339	Chung Hung Steel Corp.(d)		9,971
	115,240	Chung Hwa Pulp Corp.(d)		31,997
	228,000	Chunghwa Picture Tubes Ltd.(d)		11,576
	4,000	Cleanaway Co. Ltd.		19,547
	51,348	Clevo Co.		78,211
	378,000	CMC Magnetics Corp.(d)		53,257
	26,300	CoAsia Microelectronics Corp.(d)		13,436
	53,182	Collins Co. Ltd.		23,964
	366,000	Compeq Manufacturing Co. Ltd.		210,795
	158,873	Continental Holdings Corp.		57,472
	271,500	Coretronic Corp.		384,245

Shares			Value
TAIWAN (continued)
	50,000	Coxon Precise Industrial Co. Ltd.	$	105,352
	20,000	CSBC Corp. Taiwan		10,503
	162,838	CTCI Corp.		258,362
	2,294	Cub Elecparts, Inc.		23,804
	16,000	CviLux Corp.		26,808
	9,660	Cyberlink Corp.		28,079
	10,000	Cyberpower Systems, Inc.		20,087
	76,000	DA CIN Construction Co. Ltd.		48,113
	70,000	Darfon Electronics Corp.		39,650
	66,201	Delpha Construction Co. Ltd.(d)		33,401
	24,000	Depo Auto Parts Industrial Co. Ltd.		92,151
	17,000	DFI, Inc.		19,690
	62,766	D-Link Corp.		35,353
	20,183	Dynamic Electronics Co. Ltd.(d)		9,287
	54,000	E Ink Holdings, Inc.(d)		24,504
	2,665,079	E.Sun Financial Holding Co. Ltd.		1,640,647
	131,675	Eastern Media International Corp.		44,291
	6,862	Eclat Textile Co. Ltd.		71,312
	70,448	Edimax Technology Co. Ltd.		28,167
	12,100	Edom Technology Co. Ltd.		10,521
	34,320	Elan Microelectronics Corp.		54,235
	14,000	E-LIFE MALL Corp.		27,055
	12,000	Elite Advanced Laser Corp.		38,840
	94,967	Elite Material Co. Ltd.		128,527
	14,000	Elite Semiconductor Memory Technology, Inc.		21,924
	133,489	Elitegroup Computer Systems Co. Ltd.		116,064
	13,000	eMemory Technology, Inc.		136,957
	8,000	ENG Electric Co. Ltd.		4,950
	133,000	EnTie Commercial Bank Co. Ltd.		62,251
	123,015	Epistar Corp.		219,380
	105,806	Eternal Materials Co. Ltd.		104,418
	68,000	E-Ton Solar Tech Co. Ltd.(d)		34,093
	474,272	Eva Airways Corp.(d)		364,205
	40,000	Everest Textile Co. Ltd.		19,293
	99,000	Evergreen International Storage & Transport Corp.		57,804
	294,197	Evergreen Marine Corp. Taiwan Ltd.(d)		209,117
	95,459	Everlight Chemical Industrial Corp.		80,272
	75,643	Everlight Electronics Co. Ltd.		182,426
	35,373	Excelsior Medical Co. Ltd.		57,022
	192,062	Far Eastern Department Stores Ltd.		164,554
	653,018	Far Eastern International Bank		218,616
	797	Faraday Technology Corp.		979
	43,000	Farglory F T Z Investment Holding Co. Ltd.(d)		28,177

Shares			Value
TAIWAN (continued)
	63,154	Farglory Land Development Co. Ltd.	$	74,149
	153,826	Federal Corp.		91,280
	101,320	Feng Hsin Iron & Steel Co.		124,426
	12,802	Feng TAY Enterprise Co. Ltd.		48,139
	19,000	First Copper Technology Co. Ltd.		5,897
	58,110	First Hotel		37,064
	108,000	First Insurance Co. Ltd. (The)		53,634
	11,256	First Steamship Co. Ltd.(d)		6,251
	10,606	FLEXium Interconnect, Inc.		25,376
	9,485	Flytech Technology Co. Ltd.		34,011
	48,000	Formosa Advanced Technologies Co. Ltd.		33,053
	9,008	Formosa International Hotels Corp.		91,471
	48,203	Formosa Oilseed Processing Co. Ltd.		30,821
	407,000	Formosa Taffeta Co. Ltd.		412,637
	188,000	Formosan Rubber Group, Inc.		192,692
	108,628	Formosan Union Chemical.		42,054
	33,000	Fortune Electric Co. Ltd.		16,231
	52,301	Founding Construction & Development Co. Ltd.		33,691
	55,500	Foxconn Technology Co. Ltd.		151,283
	86,000	Froch Enterprise Co. Ltd.(d)		37,933
	75,022	FSP Technology, Inc.		60,468
	15,000	Fubon No. 1 REIT		7,616
	89,000	Fubon No. 2 REIT		36,431
	52,800	Fullerton Technology Co. Ltd.		43,395
	103,549	Fwusow Industry Co. Ltd.		49,124
	34,639	G Shank Enterprise Co. Ltd.		28,579
	27,000	G Tech Optoelectronics Corp.(d)		24,932
	64,101	Gemtek Technology Corp.		47,292
	1,927	Genesis Photonics, Inc.(d)		966
	982	Genius Electronic Optical Co. Ltd.(d)		3,428
	6,850	GeoVision, Inc.		25,432
	77,000	Getac Technology Corp.		46,913
	329,143	Giant Manufacturing Co. Ltd.		2,872,240
	3,000	Giantplus Technology Co. Ltd.(d)		1,152
	183,781	Gigabyte Technology Co. Ltd.		228,024
	2,400	Gigasolar Materials Corp.		36,975
	230,000	Ginko International Co. Ltd.		2,273,470
	2,297	Gintech Energy Corp.(d)		1,553
	11,133	Global Brands Manufacture Ltd.(d)		3,815
	12,000	Global Lighting Technologies, Inc.		17,478
	8,043	Globalwafers Co. Ltd.(d)		23,481
	76,650	Globe Union Industrial Corp.		37,701
	73,250	Gloria Material Technology Corp.		51,834
	164,770	Gold Circuit Electronics Ltd.(d)		116,074

Shares			Value
TAIWAN (continued)
	370,852	Goldsun Development & Construction Co. Ltd.(d)	$	126,506
	7,000	Gourmet Master Co. Ltd.		38,317
	344,000	Grand Pacific Petrochemical		189,392
	19,000	Grape King Bio Ltd.		78,379
	59,000	Great China Metal Industry		57,851
	66,000	Great Taipei Gas Co. Ltd.		48,589
	127,946	Great Wall Enterprise Co. Ltd.		113,478
	55,353	Green Energy Technology, Inc.(d)		32,319
	27,000	GTM Holdings Corp.(d)		17,050
	35,000	Hannstar Board Corp.(d)		17,770
	864,000	HannStar Display Corp.		214,125
	29,115	HannsTouch Solution, Inc.(d)		6,957
	30,000	Harvatek Corp.		17,231
	110,000	Hey Song Corp.		132,991
	51,282	Highwealth Construction Corp.		104,636
	620	Hitron Technology, Inc.		318
	12,922	Hiwin Technologies Corp.		107,432
	92,506	Ho Tung Chemical Corp.(d)		31,556
	139,000	Hocheng Corp.		44,990
	28,800	Holiday Entertainment Co. Ltd.		35,459
	28,294	Holy Stone Enterprise Co. Ltd.		38,338
	62,000	Hong Tai Electric Industrial		20,855
	111,000	Horizon Securities Co. Ltd.		32,053
	17,507	Hota Industrial Manufacturing Co. Ltd.		31,832
	76,678	Hsin Kuang Steel Co. Ltd.		43,067
	63,326	Hsing TA Cement Co.		27,430
	11,000	Hu Lane Associate, Inc.		40,316
	316,000	HUA ENG Wire & Cable Co. Ltd.		100,174
	479	Huaku Development Co. Ltd.		883
	109,514	Hung Poo Real Estate Development Corp.		81,840
	102,000	Hung Sheng Construction Ltd.		62,792
	41,991	Hwa Fong Rubber Co. Ltd.		28,515
	34,341	Ichia Technologies, Inc.		36,560
	22,000	I-Chiun Precision Industry Co. Ltd.		13,299
	43,257	IEI Integration Corp.		68,495
	31,000	ILI Technology Corp.		71,122
	3,000	Infortrend Technology, Inc.		1,699
	464,793	Innolux Corp.		227,135
	335,155	Inventec Corp.		249,929
	14,000	I-Sheng Electric Wire & Cable Co. Ltd.		19,192
	44,691	ITE Technology, Inc.		53,535
	32,000	ITEQ Corp.		26,604
	14,000	Jess-Link Products Co. Ltd.		14,949
	132,272	Jih Sun Financial Holdings Co. Ltd.		34,922
	4,657	Johnson Health Tech Co. Ltd.		11,704
	13,000	Kaulin Manufacturing Co. Ltd.		9,509
	165,823	KEE TAI Properties Co. Ltd.		102,608
	136,023	Kenda Rubber Industrial Co. Ltd.		276,246

Shares			Value
TAIWAN (continued)
	24,000	Kenmec Mechanical Engineering Co. Ltd.	$	11,462
	62,000	Kerry TJ Logistics Co. Ltd.		77,909
	171,000	Kindom Construction Corp.		153,291
	132,000	King Slide Works Co. Ltd.		1,926,793
	93,184	King Yuan Electronics Co. Ltd.		78,655
	331,185	King’s Town Bank Co. Ltd.		352,062
	26,532	King’s Town Construction Co. Ltd.(d)		22,353
	16,000	Kinik Co.		32,189
	244,343	Kinpo Electronics, Inc.(d)		115,529
	44,000	Kinsus Interconnect Technology Corp.		143,113
	495,000	KMC Kuei Meng International, Inc.		2,041,981
	16,328	KS Terminals, Inc.		20,906
	11,000	Kung Long Batteries Industrial Co. Ltd.		32,567
	40,000	Kung Sing Engineering Corp.		15,232
	152,982	Kuoyang Construction Co. Ltd.		66,021
	191,040	Kwong Fong Industries Corp.		109,119
	111,770	KYE Systems Corp.		42,029
	32,000	L&K Engineering Co. Ltd.		24,929
	237,714	Lealea Enterprise Co. Ltd.(d)		70,906
	43,000	LEE CHI Enterprises Co. Ltd.		20,536
	39,000	Lelon Electronics Corp.		48,513
	118,638	Leofoo Development Co. Ltd.(d)		43,482
	159,799	Li Peng Enterprise Co. Ltd.(d)		58,821
	32,080	Lian Hwa Food Corp.		30,845
	281,362	Lien Hwa Industrial Corp.		184,816
	146,000	Lingsen Precision Industries Ltd.		72,274
	53,882	Lite-On Semiconductor Corp.		38,300
	64,000	Long Bon International Co. Ltd.		47,421
	292,934	Long Chen Paper Co. Ltd.		128,278
	6,000	Longwell Co.		6,635
	9,451	Lotes Co. Ltd.		41,687
	69,000	Lucky Cement Corp.		22,224
	16,939	Lumax International Corp. Ltd.		34,509
	19,000	Lung Yen Life Service Corp.		50,766
	896,936	Macronix International(d)		196,388
	7,375	Makalot Industrial Co. Ltd.		41,540
	44,000	Marketech International Corp.		34,696
	143,032	Masterlink Securities Corp.		46,749
	2,152	Mayer Steel Pipe Corp.		990
	31,440	Meiloon Industrial Co. Ltd.		13,568
	146,188	Mercuries & Associates Holding Ltd.		95,097
	1,747	Mercuries Life Insurance Co. Ltd.(d)		959
	35,130	Merida Industry Co. Ltd.		243,018
	27,091	Merry Electronics Co. Ltd.		90,694
	160,404	Micro-Star International Co. Ltd.		180,186
	35,590	Mirle Automation Corp.		32,638
	30,500	Mitac Holdings Corp.		23,277

Shares			Value
TAIWAN (continued)
	70,822	Mosel Vitelic, Inc.(d)	$	15,866
	111,000	Motech Industries Inc.		150,050
	4,000	Nak Sealing Technologies Corp.		12,693
	24,000	Namchow Chemical Industrial Co. Ltd.		43,867
	28,590	Nan Kang Rubber Tire Co. Ltd.		30,120
	49,000	Nan Ren Lake Leisure Amusement Co. Ltd.		20,058
	56,000	Nan Ya Printed Circuit Board Corp.(d)		79,255
	35,092	Nantex Industry Co. Ltd.		18,207
	21,000	National Petroleum Co. Ltd.		24,090
	152,662	Neo Solar Power Corp.		132,493
	10,000	New Era Electronics Co. Ltd.		11,011
	22,000	Newmax Technology Co. Ltd.		27,052
	32,422	Nichidenbo Corp.		26,287
	55,267	Nien Hsing Textile Co. Ltd.		45,422
	4,000	Nishoku Technology, Inc.		5,928
	23,000	Ocean Plastics Co. Ltd.(d)		24,961
	171,000	OptoTech Corp.		72,169
	71,000	Orient Semiconductor Electronics Ltd.(d)		31,429
	93,500	Oriental Union Chemical Corp.		85,449
	555,000	Pacific Hospital Supply Co. Ltd.(c)		1,206,388
	159,453	Pan Jit International, Inc.(d)		71,597
	2,894	Pan-International Industrial Corp.		1,717
	11,000	Parade Technologies Ltd.		111,000
	4,242	Paragon Technologies Co. Ltd.		6,784
	11,611	PChome Online, Inc.		130,798
	381,000	Pegatron Corp.		1,027,655
	70,746	Phihong Technology Co. Ltd.		39,061
	11,000	Phison Electronics Corp.		78,887
	21,000	Pixart Imaging, Inc.		59,574
	7,000	Portwell, Inc.		12,883
	269,200	Powertech Technology, Inc.		450,183
	9,010	Poya International Co. Ltd.		75,766
	430,807	President Securities Corp.		220,779
	362,370	Prince Housing & Development Corp.		138,562
	121,000	Prodisc Technology, Inc.(b)(c)(d)		0
	26,000	Promate Electronic Co. Ltd.		29,949
	16,000	Promise Technology, Inc.		18,836
	755,520	Qisda Corp.(d)		345,233
	16,000	Quanta Storage, Inc.		18,202
	66,008	Radiant Opto-Electronics Corp.		210,507
	191,841	Radium Life Tech Co. Ltd.		99,532
	44,825	Realtek Semiconductor Corp.		138,116
	45,771	Rechi Precision Co. Ltd.		46,114
	98,616	Rich Development Co. Ltd.		41,776
	9,370	Richtek Technology Corp.		47,871
	1,060,398	Ritek Corp.(d)		124,838
	102,781	Ruentex Industries Ltd.		222,108
	75,335	Sampo Corp.		30,480

Shares			Value
TAIWAN (continued)
	33,551	San Fang Chemical Industry Co. Ltd.	$	35,879
	16,000	San Shing Fastech Corp.		38,637
	273,080	Sanyang Motor Co. Ltd.(d)		239,601
	15,000	SDI Corp.		19,658
	37,000	Sercomm Corp.		79,487
	22,050	Sesoda Corp.		27,358
	28,000	Sheng Yu Steel Co. Ltd.		17,948
	1,360	ShenMao Technology, Inc.		1,428
	52,000	Shih Wei Navigation Co. Ltd.		30,032
	90,000	Shihlin Electric & Engineering Corp.		113,380
	23,000	Shihlin Paper Corp.(d)		27,114
	4,095,361	Shin Kong Financial Holding Co. Ltd.		1,143,611
	67,000	Shin Kong No.1 REIT		27,767
	3,000	Shin Zu Shing Co. Ltd.		6,721
	68,780	Shining Building Business Co. Ltd.(d)		39,832
	119,000	Shinkong Insurance Co. Ltd.		93,838
	198,314	Shinkong Synthetic Fibers Corp.		68,279
	46,000	Shinkong Textile Co. Ltd.		57,877
	111,000	Sigurd Microelectronics Corp.		106,902
	125,000	Silicon Integrated Systems Corp.(d)		35,183
	42,000	Simplo Technology Co. Ltd.		207,911
	67,000	Sinbon Electronics Co. Ltd.		96,098
	93,170	Sincere Navigation Corp.		76,574
	6,360	Sinmag Equipment Corp.		36,327
	100,000	Sino-American Silicon Products, Inc.		157,552
	151,000	Sinon Corp.		81,457
	14,564	Sinphar Pharmaceutical Co. Ltd.		18,948
	43,192	Sinyi Realty, Inc.		47,971
	14,000	Sirtec International Co. Ltd.		29,587
	12,000	Sitronix Technology Corp.		39,602
	60,000	Siward Crystal Technology Co. Ltd.		42,934
	4,000	Solar Applied Materials Technology Co.		3,351
	14,013	Solartech Energy Corp.(d)		8,404
	42,000	Solytech Enterprise Corp.(d)		11,942
	15,000	Sonix Technology Co. Ltd.		21,753
	132,000	Southeast Cement Co. Ltd.		69,532
	5,100	Sporton International, Inc.		27,027
	8,560	Standard Chemical & Pharmaceutical Co. Ltd.		10,118
	64,074	Standard Foods Corp.		137,649
	33,000	Stark Technology, Inc.		30,892
	20,000	Sunonwealth Electric Machine Industry Co. Ltd.		12,947
	43,000	Sunrex Technology Corp.		27,563
	13,000	Sunspring Metal Corp.		24,958
	35,138	Supreme Electronics Co. Ltd.		18,119
	88,228	Sweeten Construction Co. Ltd.		51,654

Shares			Value
TAIWAN (continued)
	15,000	Syncmold Enterprise Corp.	$	31,986
	184,322	TA Chen Stainless Pipe Co. Ltd.		123,414
	626,674	TA Chong Bank Ltd.(d)		210,790
	211,340	Ta Ya Electric Wire & Cable		43,390
	63,000	Tah Hsin Industrial Corp.		56,776
	22,251	TA-I Technology Co. Ltd.		12,356
	705,037	Taichung Commercial Bank Co. Ltd.		232,674
	11,000	Taiflex Scientific Co. Ltd.		15,725
	68,000	Tainan Enterprises Co. Ltd.		59,340
	869,352	Tainan Spinning Co. Ltd.		471,732
	2,364,552	Taishin Financial Holding Co. Ltd.		971,677
	71,716	Taisun Enterprise Co. Ltd.(d)		27,081
	135,924	Taita Chemical Co. Ltd.(d)		41,019
	12,000	Taiwan Acceptance Corp.		28,712
	2,055,158	Taiwan Business Bank(d)		598,023
	31,088	Taiwan Cogeneration Corp.		24,366
	6,000	Taiwan FamilyMart Co. Ltd.		36,746
	79,320	Taiwan Fire & Marine Insurance Co. Ltd.		56,633
	44,000	Taiwan FU Hsing Industrial Co. Ltd.		49,008
	184,223	Taiwan Glass Industrial Corp.		134,454
	36,468	Taiwan Hon Chuan Enterprise Co. Ltd.		66,540
	30,000	Taiwan Hopax Chemicals Manufacturing Co. Ltd.		19,277
	132,403	Taiwan Land Development Corp.		48,107
	13,114	Taiwan Life Insurance Co. Ltd.(d)		9,030
	11,548	Taiwan Line Tek Electronic		8,905
	46,150	Taiwan Mask Corp.		14,718
	49,544	Taiwan Navigation Co. Ltd.		32,937
	130,032	Taiwan Paiho Ltd.		220,753
	102,000	Taiwan PCB Techvest Co. Ltd.		164,748
	60,120	Taiwan Pulp & Paper Corp.(d)		21,462
	2,360	Taiwan Sakura Corp.		1,633
	56,408	Taiwan Secom Co. Ltd.		146,777
	48,000	Taiwan Semiconductor Co. Ltd.		50,264
	85,010	Taiwan Sogo Shin Kong Security Co. Ltd.		103,857
	57,500	Taiwan Styrene Monomer		24,267
	87,500	Taiwan Surface Mounting Technology Co. Ltd.		113,979
	123,469	Taiwan TEA Corp.		69,348
	71,000	Taiwan Union Technology Corp.		64,549
	61,322	Taiyen Biotech Co. Ltd.		47,869
	254,000	Tatung Co. Ltd.(d)		71,251
	1,170,000	Teco Electric and Machinery Co. Ltd.		1,098,958
	31,000	Test Research, Inc.		50,366
	24,000	Test-Rite International Co. Ltd.		15,879
	41,000	ThaiLin Semiconductor Corp.		32,656

Shares			Value
TAIWAN (continued)
	17,000	Thinking Electronic Industrial Co. Ltd.	$	24,761
	25,525	Thye Ming Industrial Co, Ltd.		29,807
	48,000	T-Mac Techvest PCB Co. Ltd.		26,274
	220,100	Ton Yi Industrial Corp.		142,131
	28,834	Tong Yang Industry Co. Ltd.		34,174
	85,242	Tong-Tai Machine & Tool Co. Ltd.		86,423
	55,837	Topco Scientific Co. Ltd.		100,818
	50,049	Topoint Technology Co. Ltd.		44,390
	8,000	Toung Loong Textile Manufacturing Co.		21,933
	69,000	TPK Holding Co. Ltd.		449,950
	7,000	Transasia Airways Corp.		3,054
	13,137	Transcend Information, Inc.		41,895
	16,988	Tsann Kuen Enterprise Co. Ltd.		17,358
	36,942	TSRC Corp.		44,018
	22,000	Ttet Union Corp.		49,357
	285,315	Tung Ho Steel Enterprise Corp.		214,574
	92,815	TXC Corp.		113,539
	37,000	TYC Brother Industrial Co. Ltd.(d)		26,359
	190,303	Tycoons Group Enterprise(d)		36,233
	69,088	Tyntek Corp.(d)		28,281
	22,000	U-Ming Marine Transport Corp.		33,998
	150,288	Unimicron Technology Corp.		104,441
	372,346	Union Bank of Taiwan(d)		124,062
	32,762	Union Insurance Co. Ltd.(d)		26,146
	258,037	Unitech Printed Circuit Board Corp.		113,406
	56,000	United Integrated Services Co. Ltd.		54,821
	288,660	Universal Cement Corp.		247,317
	2,416	Unizyx Holding Corp.		1,319
	103,922	UPC Technology Corp.		38,748
	62,337	USI Corp.		35,309
	42,000	Vanguard International Semiconductor Corp.		71,836
	56,800	Ve Wong Corp.		42,627
	28,000	Visual Photonics Epitaxy Co. Ltd.		28,610
	2,212	Wafer Works Corp.(d)		997
	84,000	Wah Lee Industrial Corp.		143,938
	974,000	Walsin Lihwa Corp.(d)		301,347
	210,947	Walsin Technology Corp.(d)		82,334
	185,000	Walton Advanced Engineering, Inc.		82,187
	183,300	Wan Hai Lines Ltd.		193,400
	501,071	Waterland Financial Holdings Co. Ltd.		133,085
	53,000	Wei Chuan Foods Corp.		43,559
	90,321	Wei Mon Industry Co. Ltd(d)		26,110
	33,100	Weikeng Industrial Co. Ltd.		24,683
	35,000	Win Semiconductors Corp.		36,984
	294,977	Winbond Electronics Corp.(d)		94,071
	44,673	Wintek Corp.(b)(c)(d)		2,594
	94,297	Wisdom Marine Lines Co. Ltd.		110,864

Shares			Value
TAIWAN (continued)
	274,868	Wistron Corp.	$	252,945
	32,206	Wistron NeWeb Corp.		69,494
	128,865	WPG Holdings Co. Ltd.		160,706
	54,655	WT Microelectronics Co. Ltd.		80,126
	17,000	WUS Printed Circuit Co. Ltd.		8,065
	10,204	Xxentria Technology Materials Corp.		29,174
	199,786	Yageo Corp.		360,729
	1,046,600	Yang Ming Marine Transport Corp.(d)		561,269
	100,769	YC Co. Ltd.		50,523
	70,077	YC INOX Co. Ltd.		54,147
	34,479	YeaShin International Development Co. Ltd.		19,584
	162,624	YFY, Inc.		67,344
	31,348	Yi Jinn Industrial Co. Ltd.		7,978
	139,147	Yieh Phui Enterprise Co. Ltd.		40,578
	11,000	Youngtek Electronics Corp.		21,991
	352,000	Yulon Motor Co. Ltd.		516,046
	29,000	Yung Chi Paint & Varnish Manufacturing Co. Ltd.		77,116
	27,000	YungShin Global Holding Corp.		46,095
	75,000	Yungtay Engineering Co. Ltd.		174,449
	7,000	Zeng Hsing Industrial Co. Ltd.		35,207
	27,000	Zenitron Corp.		14,737
	26,000	Zhen Ding Technology Holding Ltd.		73,676
	72,826	Zig Sheng Industrial Co. Ltd.		20,845
	26,169	Zinwell Corp.		26,407
	4,000	Zippy Technology Corp.		5,039
				54,165,100
THAILAND — 0.3%
	84,800	Amata Corp. Public Co. Ltd. - FOR		43,009
	714,300	Ananda Development Public Co. Ltd. - FOR		82,931
	723,268	AP Thailand Public Co. Ltd. - FOR		141,427
	369,200	Asia Plus Group Holdings Securities Plc		49,633
	230,200	Bangchak Petroleum Public Co. Ltd. (The) - FOR		240,891
	6,500	Bangkok Aviation Fuel Services Public Co. Ltd. - FOR		6,355
	10,142,250	Bangkok Chain Hospital Public Co. Ltd. - FOR(c)		2,649,442
	1,713,100	Bangkok Expressway Public Co. Ltd. - FOR(c)		2,041,274
	27,700	Bangkok Insurance Public Co. Ltd. - FOR(c)		308,906
	1,742,100	Bangkok Land Public Co. Ltd. - FOR		93,678
	248,800	Banpu Public Co. Ltd. - FOR		184,719
	125,300	BEC World Public Co. Ltd. - FOR		197,157

Shares			Value
THAILAND (continued)
	55,800	Berli Jucker Public Co. Ltd. - FOR	$	68,621
	30,800	Bumrungrad Hospital Public Co. Ltd. - FOR		146,801
	540,156	Cal-Comp Electronics Thailand Public Co. Ltd. - FOR		61,063
	93,900	Central Plaza Hotel Public Co. Ltd. - FOR		97,544
	202,622	CH Karnchang Public Co. Ltd. - FOR		181,078
	29,800	Charoong Thai Wire & Cable Public Co. Ltd. - FOR		11,017
	248,600	Delta Electronics Thailand Public Co. Ltd. - FOR		563,964
	13,400	Dhipaya Insurance Public Co. Ltd. - FOR		16,172
	312,000	Dynasty Ceramic Public Co. Ltd.		56,719
	7,839,000	Eastern Water Resources Development and Management Public Co. Ltd. - FOR(c)		2,634,555
	31,500	Electricity Generating Public Co. Ltd. - FOR		156,874
	166,300	Erawan Group Public Co. Ltd. (The) - FOR		24,795
	541,100	Esso Thailand Public Co. Ltd. - FOR(d)		85,141
	12,801,000	G J Steel Public Co. Ltd. - FOR(d)		23,467
	1,289,700	G Steel Public Co. Ltd. - FOR(d)		5,123
	132,200	GFPT Public Co. Ltd. - FOR		63,414
	51,800	Glow Energy Public Co. Ltd. - FOR		144,416
	256,400	Grand Canal Land Pcl		26,165
	119,900	Hana Microelectronics Public Co. Ltd. - FOR		147,448
	1,398,600	Hemaraj Land and Development Public Co. Ltd. - FOR		189,728
	421,538	Home Product Center Public Co. Ltd. - FOR		104,966
	63,100	ICC International Public Co. Ltd. - FOR(c)		76,152
	734,300	IRPC Public Co. Ltd. - FOR		76,728
	314,991	Italian-Thai Development Public Co. Ltd. - FOR		85,653
	647,400	Jasmine International Public Co. Ltd. - FOR		164,174
	43,700	KCE Electronics Public Co. Ltd. - FOR		63,087
	178,900	KGI Securities Thailand Public Co. Ltd. - FOR		20,880
	129,400	Khon Kaen Sugar Industry Public Co. Ltd.		51,792
	160,400	Kiatnakin Bank Public Co. Ltd. - FOR		198,478

Shares			Value
THAILAND (continued)
	59,000	Land and Houses Public Co. Ltd. - FOR	$	16,855
	90,560	Land and Houses Public Co. Ltd. - NVDR		25,455
	21,900	Lanna Resources Public Co. Ltd. - FOR		7,829
	420,630	Loxley Public Co. Ltd. - FOR		55,262
	104,200	LPN Development Public Co. Ltd. - FOR		66,856
	85,600	Major Cineplex Group Public Co. Ltd. - FOR		70,614
	30,600	Maybank Kim Eng Securities Thailand Public Co. Ltd. - FOR		22,719
	369,000	MBK Public Co. Ltd. - FOR		165,729
	34,000	Mermaid Maritime Public Co. Ltd.		7,540
	3,100	Muang Thai Insurance Public Co. Ltd. - FOR		14,728
	160,800	Polyplex Public Co. Ltd. - FOR(d)		52,077
	165,500	Precious Shipping Public Co. Ltd. - FOR		70,791
	40,700	Pruksa Real Estate Public Co. Ltd. - FOR		40,103
	805,141	Quality Houses Public Co. Ltd. - FOR		96,430
	598,500	Raimon Land Public Co. Ltd. - FOR(d)		37,669
	90,300	Ratchaburi Electricity Generating Holding Public Co. Ltd. - FOR		165,536
	34,100	Regional Container Lines Public Co. Ltd. - FOR(d)		9,898
	88,600	Robinson Department Store Public Co. Ltd. - FOR		121,138
	69,300	Saha-Union Public Co. Ltd. - FOR(c)		87,869
	2,239,300	Sahaviriya Steel Industries Public Co. Ltd. - FOR(d)		18,473
	94,400	Samart Corp. Public Co. Ltd. - FOR		117,531
	421,200	Samart I-Mobile Public Co. Ltd. - FOR		42,725
	35,700	Samart Telcoms Public Co. Ltd. - FOR		27,814
	2,562,000	Sansiri Public Co. Ltd. - FOR		141,681
	467,712	SC Asset Corp Public Co. Ltd. - FOR		52,301
	13,500	Siam City Cement Public Co. Ltd. - FOR		176,535
	46,701	Siam Future Development Public Co. Ltd. - FOR		9,631
	42,900	Siam Global House Public Co. Ltd - FOR		15,467
	221,900	Siamgas & Petrochemicals Public Co. Ltd. - FOR		78,645

Shares			Value
THAILAND (continued)
	99,500	Sino-Thai Engineering & Construction Public Co. Ltd. - FOR	$	79,801
	92,817	Somboon Advance Technology Public Co. Ltd. - FOR		50,762
	56,200	SPCG Public Co. Ltd.		48,507
	119,100	Sri Trang Agro-Industry Public Co. Ltd. - FOR		49,489
	364,000	Srithai Superware Public Co. Ltd. - FOR		30,027
	128,500	STP & I Public Co. Ltd. - FOR		78,129
	165,400	Supalai Public Co. Ltd. - FOR		123,305
	1,330,700	Tata Steel Thailand Public Co. Ltd. - FOR		32,932
	4,380	Thai Agro Energy		514
	491,800	Thai Airways International Public Co. Ltd. - FOR		229,897
	22,200	Thai Carbon Black Public Co. Ltd. - FOR(d)		17,974
	15,000	Thai Central Chemical Public Co. Ltd. - FOR		15,124
	433,200	Thai Oil Public Co. Ltd. - FOR		678,323
	18,200	Thai Stanley Electric Public Co. Ltd. - FOR(c)		113,993
	55,000	Thai Vegetable Oil Public Co. Ltd. - FOR		37,473
	67,100	Thaicom Public Co. Ltd. - FOR		79,954
	159,600	Thanachart Capital Public Co. Ltd. - FOR		162,136
	17,300	Thitikorn Public Co. Ltd. - FOR		5,814
	133,703	Thoresen Thai Agencies Public Co. Ltd. - FOR		70,262
	4,995,082	Ticon Industrial Connection Public Co. Ltd. - FOR		2,716,543
	12,800	Tipco Asphalt Public Co. Ltd. - FOR		31,971
	80,900	Tisco Financial Group Public Co. Ltd. - FOR		114,936
	400,400	TMB Bank Public Co. Ltd. - FOR		37,924
	11,800	Total Access Communication Public Co. Ltd. - FOR		33,889
	62,900	Toyo-Thai Corp. Public Co. Ltd. - FOR		52,849
	1,614,800	TPI Polene Public Co. Ltd. - FOR		119,396
	33,400	TTW Public Co. Ltd. - FOR		12,552
	67,100	Unique Engineering & Construction Public Co. Ltd. - FOR		32,392
	176,100	Vanachai Group Public Co. Ltd. - FOR		43,850
	80,800	Vibhavadi Medical Center Public Co. Ltd. - FOR		36,783
	256,900	Vinythai Public Co. Ltd. - FOR(c)		80,060
				18,618,899

Shares			Value
TURKEY — 0.1%
	5,489	Adana Cimento Sanayii T.A.S. - Class A	$	14,494
	6,744	Adese Alisveris Merkezleri Ticaret AS(d)		24,481
	8,195	Akcansa Cimento AS		57,956
	48,076	Akenerji Elektrik Uretim AS - Placement Shares(d)		24,173
	13,189	Akfen Holding AS		27,173
	0	Akmerkez Gayrimenkul Yatirim Ortakligi AS REIT		3
	33,491	Aksa Akrilik Kimya Sanayii AS		130,059
	47,331	Aksigorta AS		48,757
	1	Alarko Holding AS		1
	43,803	Albaraka Turk Katilim Bankasi AS		30,977
	31,268	Anadolu Anonim Turk Sigorta Sirketi(d)		18,022
	1	Anadolu Cam Sanayii AS		1
	26,826	Anadolu Hayat Emeklilik AS		59,544
	32,317	Arcelik AS		206,084
	3,111	Aselsan Elektronik Sanayi Ve Ticaret AS		15,133
	356,187	Asya Katilim Bankasi AS(d)		90,273
	22,066	Aygaz AS		93,809
	1	Baticim Bati Anadolu Cimento Sanayii AS		3
	3,766	Bizim Toptan Satis Magazalari AS		27,403
	12,360	Borusan Mannesmann Boru Sanayi ve Ticaret AS		36,176
	6,211	Boyner Perakende Ve Tekstil Yatirimlari AS(d)		120,599
	13,888	Brisa Bridgestone Sabanci Sanayi ve Ticaret AS		61,597
	11,313	Bursa Cimento Fabrikasi AS		26,406
	0	Celebi Hava Servisi AS(d)		5
	9,101	Cimsa Cimento Sanayi VE Ticaret AS		64,361
	11,012	Deva Holding AS(d)		11,298
	201,383	Dogan Sirketler Grubu Holding AS(d)		60,918
	46,860	Dogus Otomotiv Servis ve Ticaret AS		267,219
	82,360	EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS		104,705
	7,481	Emlak Konut Gayrimenkul Yatirim Ortakligi AS REIT		9,816
	94,938	Eregli Demir ve Celik Fabrikalari TAS		170,758
	4,905	Ford Otomotiv Sanayi AS		68,273
	66,324	Gentas Genel Metal Sanayi ve Ticaret AS		44,735
	67,762	Global Yatirim Holding AS(d)		46,259
	1,959	Goltas Goller Bolgesi Cimento Sanayi ve Ticaret AS		60,861
	1,254	Goodyear Lastikleri TAS		41,829

Shares			Value
TURKEY (continued)
	15,729	Gozde Girisim Sermayesi Yatirim Ortakligi AS(d)	$	19,353
	64,549	GSD Holding AS(d)		40,107
	20,444	Gubre Fabrikalari TAS		46,633
	43,001	IS Finansal Kiralama AS		18,105
	10,594	IS Yatirim Menkul Degerler AS		5,457
	25,002	Izmir Demir Celik Sanayi AS(d)		27,697
	34,926	Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS - Class A(d)		33,979
	156,639	Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS - Class D(d)		128,702
	100,082	Karsan Otomotiv Sanayii Ve Ticaret AS(d)		69,141
	428	Kartonsan Karton Sanayi ve Ticaret AS		43,956
	242	Konya Cimento Sanayii AS		31,903
	24,923	Koza Altin Isletmeleri AS		197,139
	4,718	Mardin Cimento Sanayii ve Ticaret AS		9,720
	13,216	Metro Ticari ve Mali Yatirimlar Holding AS(d)		3,404
	5,288	Migros Ticaret AS(d)		49,609
	4,289	Netas Telekomunikasyon AS(d)		17,796
	2,524	Otokar Otomotiv Ve Savunma Sanayi AS		98,791
	14,788	Park Elektrik Uretim Madencilik Sanayi ve Ticaret AS		24,785
	39,957	Petkim Petrokimya Holding AS		62,559
	5,817	Pinar SUT Mamulleri Sanayii AS		52,313
	82,244	Sarkuysan Elektrolitik Bakir Sanayi ve Ticaret AS		104,221
	84,071	Sasa Polyester Sanayi AS(d)		71,826
	118,783	Sekerbank TAS(d)		91,771
	102,576	Selcuk Ecza Deposu Ticaret ve Sanayi AS		93,926
	21,123	Soda Sanayii AS		45,159
	24,515	TAV Havalimanlari Holding AS		183,389
	32,390	Tekfen Holding AS(d)		76,132
	62,692	Tekstil Bankasi AS(d)		47,923
	20,668	Tofas Turk Otomobil Fabrikasi AS		138,137
	45,002	Trakya Cam Sanayii AS		66,226
	17,837	Turcas Petrol AS		17,281
	74,689	Turk Hava Yollari(d)		286,384
	1,453	Turk Traktor ve Ziraat Makineleri AS		48,111
	390,599	Turkiye Sinai Kalkinma Bankasi AS		325,726
	172,758	Turkiye Sise ve Cam Fabrikalari AS		270,475
	402,227	Turkiye Vakiflar Bankasi Tao		940,497
	20,894	Ulker Biskuvi Sanayi AS		165,695
	15,609	Vestel Beyaz Esya Sanayi ve Ticaret AS		64,126
	55,650	Vestel Elektonik Sanayi ve Ticaret AS(d)		136,719

Shares			Value
TURKEY (continued)
	0	Zorlu Enerji Elektrik Uretim AS(d)	$	0
				6,219,034
UKRAINE — 0.0%
	11,788	Kernel Holding SA(d)		99,459
UNITED ARAB EMIRATES — 0.1%
	159,712	Al Noor Hospitals Group Plc(c)		2,184,277
	99,449	Dragon Oil Plc(c)(d)		825,970
	803,345	Gulf Marine Services Plc(c)		1,379,403
	101,028	Lamprell Plc(d)		165,864
				4,555,514
UNITED KINGDOM — 5.5%
	1,160	4imprint Group Plc		15,393
	1	Acacia Mining Plc		4
	25,242	Admiral Group Plc		550,525
	129,757	Afren Plc(d)		10,358
	48,674	Aggreko Plc		1,139,285
	125,479	Alent Plc		690,785
	15,015	Amec Foster Wheeler Plc		180,360
	133,911	Amlin Plc		983,074
	14,392	Anglo Pacific Group Plc		18,426
	1,031	Anglo-Eastern Plantations Plc		8,867
	68,300	Anite Plc		84,099
	47,156	Ashmore Group Plc		199,301
	171,956	Ashtead Group Plc		2,817,933
	5,635	Avon Rubber Plc		67,391
	53,814	Babcock International Group Plc		815,413
	183,990	Balfour Beatty Plc		615,222
	16,302	BARR (A.G.) Plc		155,060
	585,612	Barratt Developments Plc		4,043,328
	142,558	BBA Aviation Plc		728,980
	78,149	Bellway Plc		2,147,003
	49,371	Berendsen Plc		828,403
	37,557	Berkeley Group Holdings Plc		1,370,657
	2,780	Betfair Group Plc.		67,499
	3,046	Big Yellow Group Plc REIT		28,032
	9,080	Bloomsbury Publishing Plc		20,275
	1,304,914	Bodycote Plc(c)		13,365,191
	72,461	Bovis Homes Group Plc		906,963
	5,675	Braemar Shipping Services Plc		39,768
	946,284	Brammer Plc(c)		4,917,280
	42,050	Brewin Dolphin Holdings Plc		185,828
	1,295	British Land Co. Plc (The) REIT		16,180
	3,999	British Polythene Industries Plc		38,670
	34,518	Britvic Plc		366,278
	3,588	BTG Plc(d)		42,748
	57,058	Bunzl Plc		1,630,303
	378,958	Cable & Wireless Communications Plc		285,394
	91,052	Capital & Regional Plc		73,029
	205,828	Carillion Plc		1,061,816
	57,724	Chemring Group Plc		188,234
	54,990	Chesnara Plc		290,927

Shares			Value
UNITED KINGDOM (continued)
	21,378	Chime Communications Plc	$	81,465
	56,551	Cineworld Group Plc		362,004
	1,606	Clarkson Plc		45,477
	55,392	Close Brothers Group Plc		1,268,997
	219,654	Cobham Plc		1,080,868
	135,434	Colt Group SA(d)		269,881
	27,870	Communisis Plc		23,088
	57,481	Computacenter Plc		555,399
	7,150	Concentric AB		91,598
	28,341	Connect Group Plc		60,723
	5,916	Consort Medical Plc		75,429
	1,730	Costain Group Plc		7,498
	10,889	Cranswick Plc		214,854
	4,000	Creston Plc		7,501
	504,012	Croda International Plc		20,170,507
	73,400	CSR Plc		945,250
	23,730	Daily Mail & General Trust Plc - Class A		307,920
	46,504	Dairy Crest Group Plc		342,238
	25,624	Darty Plc		26,148
	255,755	Debenhams Plc		289,878
	8,007	Dechra Pharmaceuticals Plc		104,321
	5,370	Derwent London Plc REIT		263,275
	26,201	Development Securities Plc		95,108
	66,863	Devro Plc		283,497
	6,579	Dignity Plc		184,314
	807,619	Diploma Plc(c)		9,202,373
	122,005	Dixons Carphone Plc		799,376
	868,745	Domino Printing Sciences Plc(c)		8,930,573
	42,149	Domino’s Pizza Group Plc		427,889
	117,912	Drax Group Plc		640,247
	167,079	DS Smith Plc		797,496
	6,273	Dunelm Group Plc		83,099
	25,606	E2V Technologies Plc		72,411
	230,794	Electrocomponents Plc		711,933
	116,030	Elementis Plc		483,051
	421,198	EnQuest Plc(d)		215,700
	282,599	Enterprise Inns Plc(d)		440,124
	12,758	Essentra Plc		159,494
	6,807	Euromoney Institutional Investor Plc		110,217
	968,266	Fenner Plc(c)		2,712,639
	8,537	Fidessa Group Plc		308,604
	366,061	Firstgroup Plc(d)		549,158
	3,248	Fuller Smith & Turner - Class A		47,919
	112,080	G4S Plc		481,461
	23,516	Galliford Try Plc.		466,126
	5,545	Games Workshop Group Plc		41,091
	36,131	Gem Diamonds Ltd.(d)		76,733
	16,644	Genus Plc		306,848
	380,796	GKN Plc		2,114,132
	5,199	Go-Ahead Group Plc		193,968
	872,624	Greene King Plc		11,047,124
	42,366	Greggs Plc		523,896
	52,704	Halfords Group Plc		352,461

Shares			Value
UNITED KINGDOM (continued)
	813,753	Halma Plc	$	8,536,859
	7,879	Hammerson Plc REIT		81,707
	35,661	Hansteen Holdings Plc REIT		60,588
	48,772	Hargreaves Lansdown Plc		742,687
	144,090	Hays Plc		336,829
	7,436	Headlam Group Plc		50,401
	45,677	Helical Bar Plc		262,468
	1,608,995	HellermannTyton Group Plc(c)		7,658,190
	342,353	Henderson Group Plc		1,226,741
	71,298	Hikma Pharmaceuticals Plc		2,534,392
	38,157	Hill & Smith Holdings Plc		350,006
	337	Hilton Food Group Plc		1,995
	5,026	Hogg Robinson Group Plc		3,426
	429,996	Home Retail Group Plc		1,244,807
	127,769	Homeserve Plc		649,314
	211,194	Howden Joinery Group Plc		1,351,613
	479,516	Hunting Plc		2,872,388
	246,887	ICAP Plc		1,738,830
	57,706	IG Group Holdings Plc		627,542
	5,500	IGAS Energy Plc(d)		2,175
	14,815	Imagination Technologies Group Plc(d)		54,670
	22,425	IMI Plc		430,990
	127,273	Inchcape Plc		1,335,186
	230,504	Informa Plc		1,777,595
	60,633	Inmarsat Plc		761,657
	447,863	Innovation Group Plc		197,313
	37,089	InterContinental Hotels Group Plc		1,487,091
	1,032,882	Interserve Plc(c)		8,330,951
	41,164	Intertek Group Plc		1,421,694
	63,453	Intu Properties Plc REIT		348,843
	42,317	IP Group Plc(d)		150,231
	136,465	Ithaca Energy, Inc.(d)		129,946
	34,279	J D Wetherspoon Plc		408,403
	29,424	J Sainsbury Plc		113,190
	8,667	James Fisher & Sons Plc		143,597
	28,273	Jardine Lloyd Thompson Group Plc		403,067
	63,090	Jazztel Plc(d)		894,707
	29,512	JD Sports Fashion Plc		223,589
	214,396	John Wood Group Plc		1,843,899
	1,694	Johnston Press Plc(d)		4,255
	35,089	Jupiter Fund Management Plc		200,518
	74,289	KAZ Minerals Plc(d)		224,684
	134,990	Kcom Group Plc		168,758
	19,470	Keller Group Plc		261,880
	13,679	Kier Group Plc		322,649
	6,571	Kofax Ltd.(d)		45,181
	84,172	Ladbrokes Plc		147,319
	1,443,209	Laird Plc(c)		6,929,979
	24,036	Lancashire Holdings Ltd.		221,020
	30,575	Lavendon Group Plc		72,993
	8,922	Liberty Global Plc		406,754
	3,616	Liberty Global Plc		168,940

Shares			Value
UNITED KINGDOM (continued)
	31,635	London Stock Exchange Group Plc	$	1,126,895
	20,610	Londonmetric Property Plc REIT		49,513
	50,169	Lookers Plc		113,158
	5,374	Low & Bonar Plc		4,148
	1,283	LSL Property Services Plc		5,334
	342,890	Man Strategic Holdings Plc(d)		925,502
	43,460	Marshalls Plc		160,049
	203,490	Marston’s Plc		449,019
	17,200	Mears Group Plc		107,513
	8,447	Mecom Group Plc(d)		19,402
	270,937	Meggitt Plc		2,199,589
	497,530	Melrose Industries Plc		1,985,864
	22,060	Michael Page International Plc		154,837
	6,338	Micro Focus International Plc		100,427
	57,677	Millennium & Copthorne Hotels Plc		499,522
	73,429	Mitchells & Butlers Plc(d)		471,706
	120,239	Mitie Group Plc		488,802
	112,692	Moneysupermarket.com Group Plc		446,409
	99,199	Morgan Advanced Materials Plc		454,966
	14,135	Morgan Sindall Group Plc		142,644
	18,180	Mothercare Plc(d)		49,152
	28,165	N Brown Group Plc		183,646
	204,239	National Express Group Plc		785,984
	3,594	NCC Group Plc		12,261
	69,409	Northgate Plc		643,993
	23,821	Novae Group Plc		215,276
	3,265	Optos Plc(d)		12,356
	359,423	Oxford Instruments Plc(c)		4,030,463
	104,482	Pace Plc		526,250
	5,048	PayPoint Plc		62,956
	164,593	Pendragon Plc		88,008
	3,248	Pennon Group Plc		43,467
	152,395	Persimmon Plc		3,654,249
	36,290	Photo-Me International Plc		73,928
	14,540	Playtech Plc		148,703
	83,148	Premier Farnell Plc		211,652
	191,889	Premier Oil Plc		417,929
	78,418	PZ Cussons Plc		373,003
	195,364	QinetiQ Group Plc		550,558
	101,392	Quintain Estates & Development Plc(d)		146,990
	11,181	Rank Group Plc		29,640
	2,451	Rathbone Brothers Plc		81,181
	83,996	Redrow Plc		358,038
	8,153	Renishaw Plc		284,898
	51,233	Renold Plc(d)		43,407
	171,499	Rentokil Initial Plc		312,300
	17,851	Restaurant Group Plc		193,454
	503,230	Rexam Plc		3,221,364
	7,870	Ricardo Plc		79,243
	13,079	Rightmove Plc		458,214
	17,462	Robert Walters Plc		88,110

Shares			Value
UNITED KINGDOM (continued)
	511,976	Rotork Plc(c)	$	17,774,807
	42,489	RPC Group Plc		347,185
	116,588	RPS Group Plc		320,305
	323,795	RSA Insurance Group Plc(d)		2,215,630
	81,752	Sage Group Plc (The)		591,296
	10,839	Salamander Energy Plc(d)		11,346
	22,285	Savills Plc		245,365
	16,410	Schroders Plc		716,294
	31,553	Schroders Plc - Non Voting		1,063,617
	23,087	SDL Plc(d)		147,702
	71,325	Segro Plc REIT		443,042
	159,868	Senior Plc		745,499
	80,799	Severfield Plc(d)		82,452
	41,002	Severn Trent Plc		1,329,021
	19,812	Shaftesbury Plc REIT		232,163
	207,354	Shanks Group Plc		307,633
	296,710	SIG Plc		824,542
	13,544	Smith & Nephew Plc		242,965
	56,234	Smiths Group Plc		954,569
	112,779	Soco International Plc		447,094
	300,578	Spectris Plc		9,462,107
	229,871	Speedy Hire Plc		251,885
	318,010	Spirax-Sarco Engineering Plc(c)		14,609,151
	84,351	Spirent Communications Plc		113,392
	213,939	Spirit Pub Co. Plc		369,605
	15,991	Sportech Plc(d)		15,294
	38,490	Sports Direct International Plc(d)		412,484
	15,823	St. Ives Plc		42,601
	96,548	St. James’s Place Plc		1,247,714
	76,073	St. Modwen Properties Plc		479,180
	47,019	Stagecoach Group Plc		242,347
	32,001	Sthree Plc		162,916
	7,317	Stolt-Nielsen Ltd.		115,543
	8,341	SuperGroup Plc(d)		120,607
	30,559	Synergy Health Plc		996,509
	54,149	Synthomer Plc		198,434
	90,072	Talktalk Telecom Group Plc		431,964
	58,279	Tate & Lyle Plc		595,150
	2,231,492	Taylor Wimpey Plc		4,550,911
	5,162	Ted Baker Plc		184,502
	38,081	Telecity Group Plc		494,425
	7,470	Telecom Plus Plc		122,527
	94,379	Thomas Cook Group Plc(d)		182,384
	3,226	Topps Tiles Plc		5,855
	102,700	Travis Perkins Plc		2,973,091
	16,317	Trifast Plc		26,113
	146,603	Trinity Mirror Plc(d)		380,353
	38,184	TT electronics Plc		63,552
	85,586	Tullett Prebon Plc		431,591
	29,466	UBM Plc		235,002
	238,075	Ultra Electronics Holdings Plc(c)		6,271,739
	8,896	UNITE Group Plc (The)		65,643
	33,592	United Utilities Group Plc		519,626
	14,286	UTV Media Plc		41,314

Shares			Value
UNITED KINGDOM (continued)
	109,386	Vectura Group Plc(d)	$	250,020
	175,420	Vesuvius Plc		1,162,562
	438,192	Victrex Plc(c)		13,589,553
	11,826	Vitec Group Plc (The)		110,348
	1,370	VP Plc		12,381
	14,613	Weir Group Plc (The)		369,771
	43,316	WH Smith Plc		880,778
	117,235	Whitbread Plc		8,837,832
	577,376	William Hill Plc		3,279,440
	15,003	Wilmington Group Plc		49,037
	21,070	Wincanton Plc(d)		56,172
	14,657	Workspace Group Plc REIT		174,404
	4,440	WS Atkins Plc		84,063
	10,624	Xaar Plc		49,246
	100,532	Xchanging Plc.		237,732
				302,299,519
UNITED STATES — 50.4%
	210,000	Aceto Corp.		4,073,999
	500,000	Actuant Corp. - Class A		11,554,999
	800,407	Advance Auto Parts, Inc.		127,264,713
	87,751	Alacer Gold Corp.		205,790
	350,000	American Vanguard Corp.		3,912,999
	800,000	ANSYS, Inc.(c)(d)		64,536,000
	300,000	Approach Resources, Inc.(d)		1,880,999
	400,000	B&G Foods, Inc.		11,935,999
	25,000	Bio-Rad Laboratories, Inc. - Class A(d)		2,861,749
	8,599	Bizlink Holding, Inc.		28,787
	425,000	Blackbaud, Inc.(c)		18,576,750
	128,754	Boart Longyear Ltd.(d)		16,539
	300,000	Bottomline Technologies, Inc.(d)		7,430,999
	350,000	Brady Corp. - Class A		9,159,499
	57,800	Bright Horizons Family Solutions, Inc.(d)		2,806,189
	215,000	Bryn Mawr Bank Corp.(c)		6,267,249
	200,000	Cantel Medical Corp.(c)		8,113,999
	400,000	Cardtronics, Inc.(d)		13,443,999
	150,000	Casey’s General Stores, Inc.		13,694,999
	1,750,000	Catamaran Corp.(d)		87,342,500
	325,000	Cepheid, Inc.(d)		18,365,750
	1,500	Chaparral Gold Corp.(d)		708
	350,000	CLARCOR, Inc.		21,885,500
	215,000	Community Bank System, Inc.		7,230,449
	3,650,000	CoreLogic, Inc.(c)(d)		121,180,000
	525,000	CR Bard, Inc.		89,790,750
	446,700	CST Brands, Inc.		19,252,770
	800,000	CVB Financial Corp.(c)		11,687,999
	900,000	Denbury Resources, Inc.		6,209,999
	1,025,000	Dun & Bradstreet Corp. (The)(c)		117,987,750
	200,000	Elizabeth Arden, Inc.(d)		2,955,999
	100,000	EnPro Industries, Inc.(d)		5,932,999
	150,000	Esterline Technologies Corp.(d)		16,813,500
	350,000	Financial Engines, Inc.		12,564,999

Shares			Value
UNITED STATES (continued)
	235,200	First Financial Bankshares, Inc.	$	5,809,439
	2,065,000	Flowserve Corp.		112,521,850
	400,000	Forum Energy Technologies, Inc.(d)		6,179,999
	525,000	Fresh Market, Inc. (The)(d)		20,007,750
	941,400	Generac Holdings, Inc.(d)		41,176,836
	275,000	Genomic Health, Inc.(c)(d)		8,876,999
	500,000	Globus Medical, Inc. - Class A(d)		11,789,999
	73,730	Golden Star Resources Ltd.(d)		23,209
	400,000	Guidewire Software, Inc.(d)		20,040,000
	160,000	HB Fuller Co.		6,583,999
	153,519	Henry Schein, Inc.(d)		21,196,368
	125,000	ICU Medical, Inc.(d)		10,447,499
	135,000	Independent Bank Corp.(c)		5,107,049
	1,096,200	Ingredion, Inc.(c)		88,397,568
	110,000	Innospec, Inc.		4,341,699
	250,000	Insulet Corp.(d)		7,347,499
	325,000	Integra LifeScience Holdings Corp.(c)(d)		18,109,000
	200,000	John Wiley & Sons, Inc. - Class A		12,391,999
	150,000	Lancaster Colony Corp.		13,489,499
	250,000	LogMein, Inc.(d)		11,887,499
	100,000	Luminex Corp.(d)		1,764,999
	150,000	Lydall, Inc.(d)		4,132,499
	300,000	Masimo Corp.(d)		7,655,999
	160,000	Medidata Solutions, Inc.(d)		6,878,399
	109,200	Mentor Graphics Corp.		2,512,691
	677	Movie Gallery, Inc.(b)(c)(d)		0
	735,305	MSC Industrial Direct Co., Inc. - Class A		55,199,346
	100,000	Navigators Group, Inc. (The)(c)(d)		7,421,999
	200,000	NBT Bancorp, Inc.(c)		4,601,999
	1,905,746	NetApp, Inc.		72,037,199
	1,625,000	Newell Rubbermaid, Inc.		59,913,750
	15,757,000	Nexteer Automotive Group Ltd.(c)		15,569,395
	400,000	NuVasive, Inc.(d)		18,528,000
	100,000	Oasis Petroleum, Inc.(d)		1,343,999
	275,000	Omnicell, Inc.(d)		8,753,249
	1,549,200	Omnicom Group, Inc.		112,781,760
	150,000	Owens & Minor, Inc.		5,134,499
	4,752	Performance Sports Group Ltd.(d)		88,555
	175,000	Post Holdings, Inc.(d)		8,268,749
	50,000	Prestige Brands Holdings, Inc.(d)		1,712,999
	450,000	PROS Holdings, Inc.(c)(d)		10,930,499
	180,000	Prosperity Bancshares, Inc.		8,242,199
	475,000	QLIK Technologies, Inc.(d)		13,489,999
	470,000	Qualys, Inc.(c)(d)		17,869,400
	400,000	Raven Industries, Inc.(c)		8,575,999
	175,000	RBC Bearings, Inc.(c)		10,156,999
	82,600	RealPage, Inc.(d)		1,487,625
	1,400,000	Rockwell Collins, Inc.(c)		119,868,000

Shares			Value
UNITED STATES (continued)
	24,143,600	Samsonite International SA(c)	$	73,343,624
	175,000	Sensient Technologies Corp.		10,674,999
	26,652	Sims Metal Management Ltd.		225,537
	825,000	Snap-on, Inc.(c)		109,485,750
	550,000	Snyder’s-Lance, Inc.(c)		15,999,499
	125,000	Standex International Corp.(c)		8,761,249
	275,000	STERIS Corp.		17,935,500
	78,386	Thompson Creek Metals Co., Inc.(d)		97,466
	130,000	TreeHouse Foods, Inc.(d)		11,790,999
	650,000	TriMas Corp.(c)(d)		17,543,500
	1,254,690	Tupperware Brands Corp.(c)		84,829,591
	375,000	UMB Financial Corp.(c)		18,195,000
	295,000	Valmont Industries, Inc.		35,435,400
	3,500,000	Vantiv, Inc. - Class A(c)(d)		120,365,000
	1,170,000	Varian Medical Systems, Inc.(d)		108,295,200
	200,000	Washington Trust Bancorp, Inc.(c)		7,323,999
	756,351	Waters Corp.(d)		90,043,587
	300,000	West Pharmaceutical Services, Inc.		14,792,999
	180,000	WEX, Inc.		16,569,000
	700,000	Wolverine World Wide, Inc.		19,705,218
	325,000	Woodward, Inc.		14,498,249
	1,620,000	Wyndham Worldwide Corp.		135,739,800
				2,789,265,658
Total Common Stocks (Cost $3,772,133,804)				4,850,899,983
INVESTMENT COMPANY — 0.3%
	16,517,100	SEI Daily Income Trust Government II Fund, Class A, 0.01%(g)		16,517,100
Total Investment Company (Cost $16,517,100)				16,517,100
EXCHANGE TRADED FUNDS — 9.0%
	805,000	iShares Core S&P Small Cap ETF		88,525,850
	425,460	iShares Core S&P Total US Stock Market ETF		38,797,697
	234,861	iShares MSCI Japan Small Cap Index Fund		12,543,903
	368,700	iShares Russell 3000 ETF		43,860,552
	95,000	iShares Russell Mid-Cap ETF		15,633,199
	1,119,000	Schwab US Broad Market ETF		54,204,360
	196,000	SPDR Russell Nomura Small Cap Japan Fund		9,602,039
	643,000	SPDR S&P Oil & Gas Exploration & Production ETF		29,693,740
	1,123,500	SPDR S&P Regional Banking ETF		41,400,975
	586,500	SPDR S&P Retail ETF		54,485,850
	266,000	Vanguard S&P 500 ETF		48,675,340

Shares			Value
	486,600	Vanguard Small-Cap ETF	$	55,550,256
	160,000	WisdomTree Japan Small Cap Dividend Fund		8,036,799
Total Exchange Traded Funds (Cost $498,494,368)				501,010,560
RIGHTS/WARRANTS — 0.0%
Consumer Discretionary — 0.0%
	1,710	Centrebet Litigation Rights(b)(c)(d)		0
	1,710	Centrebet Litigation Units(b)(c)(d)		0
	19,927	Future Retail Ltd. Rights, Expire 1/29/15(c)(d)		4,730
				4,730
Health Care — 0.0%
	118,379	Golden Meditech Holdings Ltd. Warrants, Expire 7/30/15(d)		1,069
	9,812	Intercell Contigent Value Rights(b)(c)(d)		0
	201,026	KPJ Healthcare Berhad Warrants, Expire 1/23/19(d)		34,077
	9,600	Ligand Pharmaceuticals Contingent Value Rights(b)(c)(d)		0
	1	Valneva SE Rights, Expire 1/28/15(d)		1
				35,147
Industrials — 0.0%
	16,343	CB Industrial Product Holding Berhad Warrants, Expire 11/6/19(d)		2,297
	428,722	Dialog Group Berhad Warrants, Expire 2/12/17(d)		50,222
	164	Invicta Holdings Ltd. Rights, Expire 2/13/15(d)		105
				52,624
Information Technology — 0.0%
	6,562	Inari Amertron Berhad Warrants(c)(d)		1,574
	192,833	International Standard Resources Holdings Ltd. Warrants, Expire 11/26/15(d)		2,363
	9,371	Tyntek Corp. Rights, Expire 3/4/15(c)(d)		416
				4,353
Materials — 0.0%
	11,535	Ramelius Resources Ltd. Rights, Expire 8/1/15(d)		494
Real Estate — 0.0%
	83,400	Eastern & Oriental Berhad Warrants, Expire 2/19/18(c)(d)		0

Shares			Value
Real Estate (continued)
	34,282	Mah Sing Group Berhad Warrants(c)(d)	$	0
				0
Telecommunication Services — 0.0%
	5,007	Loxley Public Co. Ltd. Warrants, Expire 9/30/17(d)		292
Total Rights/Warrants (Cost $ — )				97,640

Principal
Amount
U.S. GOVERNMENT AGENCIES — 0.2%
Federal Home Loan Bank — 0.2%
$	9,000,000	0.07%, 02/09/2015(h)		8,999,895
Total U.S. Government Agencies (Cost $8,999,895)				8,999,895

Shares
CASH SWEEP — 1.9%
	102,976,337	Citibank - US Dollars on Deposit in Custody Account, 0.02%(g)		102,976,337
Total Cash Sweep (Cost $102,976,337)				102,976,337
TOTAL INVESTMENTS — 99.0% (Cost $4,399,121,504)(a)			$	5,480,501,515
OTHER ASSETS IN EXCESS OF LIABILITIES — 1.0%				57,094,585
NET ASSETS — 100.0%			$	5,537,596,100

(a)	Cost for federal income tax purposes is $4,406,334,011 and net unrealized appreciation of investments is as follows:

Unrealized appreciation	$	1,246,408,780
Unrealized depreciation		(172,241,276	)
Net unrealized appreciation	$	1,074,167,504

(b)	Fair valued security under procedures established by the Fund’s Board of Directors. The aggregate value of fair valued securities is $1,434,733, which is 0.03% of net assets and the cost is $8,064,011.
(c)	This security is considered either fully or partially illiquid. These securities, or portions thereof, have a value of $596,322,055 or 10.77% of net assets.
(d)	Non-income producing security.

(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 $12,561, 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, 2015.
(h)	The rate represents the annualized yield at time of purchase.

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		2.6	%
Consumer Discretionary		17.4	%
Consumer Staples		5.6	%
Diversified Financials		1.1	%
Energy		1.5	%
Health Care		12.5	%
Industrials		22.3	%
Information Technology		14.3	%
Insurance		2.1	%
Materials		4.9	%
Real Estate		2.0	%
Telecommunication Services		0.5	%
Utilities		0.8	%
Other*		12.4	%
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 — 16.0%
AUSTRALIA — 0.1%
	151,623	BHP Billiton Ltd.	$	3,453,811
	488,573	Drillsearch Energy Ltd.(b)		296,677
	171,719	Fortescue Metals Group Ltd.		315,493
	67,810	GrainCorp Ltd. - Class A		470,360
	167,772	Harvey Norman Holdings Ltd.		515,912
	223,695	Metcash Ltd.		254,254
	69,838	Mineral Resources Ltd.		366,447
	197,245	RCR Tomlinson Ltd.		314,789
	105,008	Sandfire Resources NL		349,068
	233,538	Tox Free Solutions Ltd.		529,066
				6,865,877
AUSTRIA — 0.0%
	106,666	CAT Oil AG		1,319,223
	3,044	Flughafen Wien AG		264,135
				1,583,358
BELGIUM — 0.1%
	25,721	Barco NV		1,656,391
	223,066	ThromboGenics NV(b)		1,750,580
				3,406,971
BERMUDA — 0.4%
	20,600	Aspen Insurance Holdings Ltd.		892,392
	40,966	Axis Capital Holdings Ltd.		2,085,169
	31,340	Everest Re Group Ltd.		5,371,049
	24,332	PartnerRe Ltd.		2,783,581
	85,138	RenaissanceRe Holdings Ltd.		8,141,747
	327,423	Vostok Nafta Investment Ltd. - SDR(b)		1,325,647
				20,599,585
BRAZIL — 0.0%
	19,901	Arezzo Industria e Comercio SA		173,849
	18,150	BB Seguridade Participacoes SA		198,867
	23,562	Cia Hering		159,729
	42,976	Cyrela Brazil Realty SA Empreendimentos e Participacoes		173,137
	26,873	Light SA		141,814
	10,928	Linx SA		192,800
	68,302	Magazine Luiza SA		172,585
	60,841	Odontoprev SA		234,226
	67,578	Restoque Comercio e Confeccoes de Roupas SA		187,377
	17,203	Sao Carlos Empreendimentos e Participacoes SA		192,979
	22,552	Ser Educacional SA		113,464
	109,911	Tempo Participacoes SA		139,270
				2,080,097
CANADA — 0.1%
	74,900	Royal Bank of Canada		4,228,635
	106,759	Tesco Corp.		1,093,212
				5,321,847

Shares			Value
CHINA — 0.2%
	2,500,000	Agricultural Bank of China Ltd. - H Shares	$	1,225,443
	107,500	Anhui Conch Cement Co. Ltd. - H Shares		362,618
	1,672,000	China Coal Energy Co. Ltd. - H Shares		920,945
	1,207,500	China Minsheng Banking Corp. Ltd. - H Shares		1,471,934
	2,930,000	China Telecom Corp. Ltd. - H Shares		1,738,581
	63,693	China XD Plastics Co. Ltd.(b)		252,224
	2,115,000	Chongqing Rural Commercial Bank Co. Ltd. - H Shares		1,298,634
	887,000	Country Garden Holdings Co. Ltd.		354,695
	308,761	Huaxin Cement Co. Ltd. - B Shares		373,910
	2,978,000	Shanghai Electric Group Co. Ltd. - H Shares		1,828,526
	3,140,000	Sinopec Shanghai Petrochemical Co. Ltd. - H Shares		911,342
	1,645,000	Sinotrans Ltd. - H Shares		1,167,073
	1,024,000	Tianneng Power International Ltd.		250,971
				12,156,896
DENMARK — 0.0%
	49,365	Schouw & Co.(c)		2,294,007
FINLAND — 0.1%
	54,412	Kesko OYJ - B Shares		1,990,278
	109,958	Lassila & Tikanoja OYJ(c)		2,204,229
				4,194,507
FRANCE — 0.1%
	28,408	Eurazeo SA		2,001,811
	119,268	Metropole Television SA		2,183,310
	38,419	Societe Generale SA		1,555,714
				5,740,835
GERMANY — 0.0%
	9,714	Muenchener Rueckversicherungs-Gesellschaft AG		1,953,865
GREECE — 0.0%
	31,578	Aegean Airlines SA		244,785
	27,966	Athens Water Supply & Sewage Co. SA (The)		182,656
	59,418	GEK Terna Holding Real Estate Construction SA(b)		117,499
	19,462	Metka SA		198,147
				743,087
GUERNSEY — 0.0%
	16,133	Amdocs Ltd.		777,288
HONG KONG — 0.8%
	1,116,000	AMVIG Holdings Ltd.		552,796
	4,772,000	Anxin-China Holdings Ltd.		326,246

Shares			Value
HONG KONG (continued)
	2,641,000	C C Land Holdings Ltd.	$	456,502
	1,295,000	China Agri-Industries Holdings Ltd.		524,528
	2,236,000	China Lumena New Materials Corp.(b)(d)		135,202
	831,700	China Mobile Ltd.		10,996,640
	208,000	China Resources Enterprise Ltd.		456,123
	346,000	China Unicom Hong Kong Ltd.		523,086
	334,000	CIMC Enric Holdings Ltd.		257,642
	20,640,000	G-Resources Group Ltd.(b)		588,398
	1,806,600	Guangdong Investment Ltd.		2,423,621
	890,000	Haitong International Securities Group Ltd.		560,247
	330,300	Hang Seng Bank Ltd.		5,785,991
	21,575	Hopewell Highway Infrastructure Ltd.		10,436
	431,500	Hopewell Holdings Ltd.		1,622,515
	1,106,000	Le Saunda Holdings Ltd.		408,029
	3,918,000	Li & Fung Ltd.		3,886,514
	885,500	Link REIT (The)		5,996,769
	1,395,067	MTR Corp. Ltd.		6,199,458
	25,180	Seaspan Corp.		450,470
	1,262,000	TCC International Holdings Ltd.		459,069
	826,000	Yuexiu Transport Infrastructure Ltd.		559,382
				43,179,664
INDIA — 0.0%
	71,889	Cairn India Ltd.(b)		270,273
	807,242	Mahanagar Telephone Nigam Ltd.(b)		376,674
	334,383	Mangalore Refinery & Petrochemicals Ltd.(b)(c)		318,807
	83,184	Polaris Consulting & Services Ltd.		199,515
				1,165,269
INDONESIA — 0.0%
	7,271,400	Elnusa Tbk PT		327,191
	41,347,623	Energi Mega Persada Tbk PT(b)		339,463
				666,654
IRELAND — 0.1%
	33,959	Seagate Technology Plc		1,916,646
	58,364	XL Group Plc		2,012,974
				3,929,620
ITALY — 0.1%
	147,157	ASTM SpA(c)		1,849,107
	454,775	Banca Popolare di Sondrio SCARL		1,772,932
	1,711,723	CIR-Compagnie Industriali Riunite SpA(b)(c)		1,891,684
				5,513,723
JAPAN — 1.5%
	89,800	ADEKA Corp.		1,112,654

Shares			Value
JAPAN (continued)
	124,000	Alfresa Holdings Corp.	$	1,483,607
	3,488,800	ANA Holdings, Inc.		9,691,276
	43,900	Coca-Cola East Japan Co. Ltd.		736,464
	47,000	East Japan Railway Co.		3,654,177
	28,300	Enplas Corp.		1,018,202
	35,200	Foster Electric Co. Ltd.		669,349
	120,400	Fuji Oil Co. Ltd.		1,555,367
	21,042	Fuji Soft, Inc.		424,675
	37,700	Fujitsu Frontech Ltd.		435,333
	95,000	GS Yuasa Corp.		432,811
	142,000	Hanwa Co. Ltd.		535,689
	33,500	Hisamitsu Pharmaceutical Co., Inc.		1,146,811
	299,163	House Foods Group, Inc.		6,027,588
	61,600	Idec Corp.		547,124
	92,000	Iino Kaiun Kaisha Ltd.		542,928
	27,200	Japan Digital Laboratory Co. Ltd.		376,858
	89,000	Japan Vilene Co. Ltd.		456,255
	319,800	Kagome Co. Ltd.		5,081,724
	71,000	Kato Works Co. Ltd.		561,688
	115,300	Kewpie Corp.		2,690,301
	36,400	Kiyo Bank Ltd. (The)		454,109
	14,700	Lawson, Inc.		966,397
	29,100	Mars Engineering Corp.		516,926
	16,700	Maruwa Co. Ltd.		455,080
	53,800	McDonald’s Holdings Co. Japan Ltd.		1,182,473
	139,000	Mitsui-Soko Holdings Co. Ltd.		469,922
	718,000	Nakayama Steel Works Ltd.(b)		495,257
	175,000	Nippon Chemi-Con Corp.(b)		500,724
	211,900	Nippon Denko Co. Ltd.(b)		537,735
	48,600	Nitori Holdings Co. Ltd.		2,764,609
	302,000	Otsuka Holdings Co. Ltd.		9,406,157
	25,100	Pack Corp. (The)(c)		496,742
	43,800	Panasonic Corp.		504,280
	58,000	Polatechno Co. Ltd.		583,309
	146,000	Sanyo Special Steel Co. Ltd.		494,831
	128,000	Sapporo Holdings Ltd.		543,916
	50,700	Sawai Pharmaceutical Co. Ltd.		3,091,305
	189,000	Sharp Corp.(b)		373,397
	54,800	Showa Shell Sekiyu KK		538,993
	29,300	Siix Corp.		633,257
	529,300	Sumitomo Osaka Cement Co. Ltd.		1,550,534
	28,000	Takamatsu Construction Group Co. Ltd.		582,032
	139,600	Takara Leben Co. Ltd.		737,052
	49,400	Toa Corp.		499,343
	125,000	Toagosei Co. Ltd.		504,556
	991,000	Tokyo Gas Co. Ltd.		5,960,515
	374,200	TonenGeneral Sekiyu KK		3,329,975
	41,900	Ulvac, Inc.(b)		606,574
	50,500	Wakita & Co. Ltd.		482,939
	79,100	West Japan Railway Co.		4,094,097

Shares			Value
JAPAN (continued)
	103,000	Yamaguchi Financial Group, Inc.	$	1,081,487
				83,619,404
JERSEY CHANNEL ISLANDS — 0.0%
	2,020,841	Centamin Plc.		2,036,304
MALAYSIA — 0.2%
	344,800	Affin Holdings Berhad		272,761
	230,500	Boustead Holdings Berhad		295,431
	1,743,000	Malayan Banking Berhad		4,189,349
	205,300	Malaysian Pacific Industries Berhad		327,642
	2,794,100	Sime Darby Berhad.		7,239,399
				12,324,582
NETHERLANDS — 0.1%
	34,598	Chicago Bridge & Iron Co. NV		1,193,977
	55,000	Core Laboratories NV		5,101,250
	6,400	LyondellBasell Industries NV		506,176
				6,801,403
NEW ZEALAND — 0.0%
	107,559	SKY Network Television Ltd.		474,221
NORWAY — 0.1%
	1,668,941	BW Offshore Ltd.		1,600,701
	115,335	Fred Olsen Energy ASA		965,865
	111,827	Salmar ASA		1,729,679
				4,296,245
PAKISTAN — 0.0%
	209,467	Engro Corp. Ltd.		616,237
POLAND — 0.0%
	302,693	Getin Holding SA(b)		160,183
	7,141	Lubelski Wegiel Bogdanka SA		187,907
				348,090
SINGAPORE — 0.4%
	388,000	DBS Group Holdings Ltd.		5,676,020
	675,000	Oversea-Chinese Banking Corp. Ltd.		5,189,237
	1,012,000	Rotary Engineering Ltd.		415,183
	951,000	Singapore Exchange Ltd.		5,462,204
	1,668,121	Singapore Press Holdings Ltd.		5,092,652
				21,835,296
SOUTH AFRICA — 0.1%
	643,342	Lewis Group Ltd.		5,021,880
SOUTH KOREA — 0.2%
	25,231	Basic House Co. Ltd. (The)		380,680
	59,263	Daeduck Electronics Co.		503,974
	4,390	Hanil Cement Co. Ltd.		664,361
	98,524	Harim Holdings Co. Ltd.(b)		450,007
	14,713	Hyundai Corp.		369,305
	70,200	Kangwon Land, Inc.		2,079,810
	22,445	Kolon Corp.		463,841

Shares			Value
SOUTH KOREA (continued)
	22,866	Korea Line Corp.(b)	$	459,996
	11,627	Kunsul Chemical Industrial Co. Ltd.		582,626
	56,927	Kwang Dong Pharmaceutical Co. Ltd.		569,999
	3,326	Kyungbang Ltd.(b)		507,902
	77,292	Lumens Co. Ltd.(b)		463,639
	64,335	Namhae Chemical Corp.		520,633
	5,801	Nexen Corp.		467,857
	12,222	Samsung Electro-Mechanics Co. Ltd.		748,787
	161,881	SBS Media Holdings Co. Ltd.		663,896
	26,447	SL Corp.		428,047
	21,312	Soulbrain Co. Ltd.		711,309
	34,192	Sungwoo Hitech Co. Ltd.		379,876
				11,416,545
SWEDEN — 0.1%
	56,180	Investor AB - B Shares		2,049,156
	87,242	Nolato AB - B Shares(c)		2,098,228
				4,147,384
SWITZERLAND — 0.4%
	117,400	Allied World Assurance Co. Holdings AG		4,539,858
	61,109	PSP Swiss Property AG		6,319,211
	68,921	Swiss Prime Site AG		5,989,867
	9,605	Swisscom AG		5,643,539
				22,492,475
TAIWAN — 0.3%
	623,000	Alpha Networks, Inc.		345,963
	293,000	BenQ Materials Corp.		303,102
	155,000	Cheng Shin Rubber Industry Co. Ltd.		373,808
	208,000	Chin-Poon Industrial Co. Ltd.		353,779
	423,000	Elitegroup Computer Systems Co. Ltd.		367,785
	321,000	Formosan Rubber Group, Inc.		329,011
	9,294,000	Hua Nan Financial Holdings Co. Ltd.		5,175,867
	484,000	Inventec Corp.		360,925
	1,133,000	Lealea Enterprise Co. Ltd.(b)		337,957
	181,000	Namchow Chemical Industrial Co. Ltd.		330,830
	595,000	Radium Life Tech Co. Ltd.		308,701
	151,000	Ruentex Industries Ltd.		326,308
	263,000	Sinbon Electronics Co. Ltd.		377,222
	231,000	Taiwan Cement Corp.		312,266
	9,982,000	Taiwan Cooperative Financial Holding Co. Ltd.		5,163,076
	935,000	Taiwan Land Development Corp.		339,719
	81,000	Tong Hsing Electronic Industries Ltd.		295,588
	143,000	Ttet Union Corp.		320,818
	429,000	Tung Ho Steel Enterprise Corp.		322,633

Shares			Value
TAIWAN (continued)
	743,000	Unitech Printed Circuit Board Corp.	$	326,544
	149,000	Wistron NeWeb Corp.		321,513
	373,000	Zinwell Corp.		376,391
				17,069,806
THAILAND — 0.0%
	870,800	Siamgas & Petrochemicals Public Co. Ltd. - FOR		308,624
	2,274,100	SVI Public Co. Ltd.(b)(c)		297,377
				606,001
TURKEY — 0.0%
	81,976	Aksa Akrilik Kimya Sanayii AS		318,347
	37,900	Cimsa Cimento Sanayi VE Ticaret AS		268,025
	864,594	Dogan Sirketler Grubu Holding AS(b)		261,538
	47,093	Turkcell Iletisim Hizmetleri AS(b)		271,435
				1,119,345
UNITED KINGDOM — 0.2%
	1,104,102	Afren Plc(b)		88,139
	84,691	easyJet Plc		2,375,206
	1,184,808	Faroe Petroleum Plc(b)		1,155,506
	514,793	J Sainsbury Plc		1,980,332
	47,600	Noble Corp. Plc		772,072
	398,578	Pace Plc		2,007,539
	89,200	Smith & Nephew Plc		1,600,151
	488,300	Xaar Plc		2,263,441
				12,242,386
UNITED STATES — 10.3%
	38,393	3M Co.		6,231,184
	81,007	AAR Corp.		2,321,661
	71,000	Abbott Laboratories		3,177,960
	9,200	AbbVie, Inc.		555,220
	7,400	Aetna, Inc.		679,468
	41,250	Air Products & Chemicals, Inc.		6,006,412
	19,400	Alaska Air Group, Inc.		1,316,678
	100,000	Albemarle Corp.		4,826,000
	15,000	Alliance Holdings GP LP		883,500
	21,100	Alliance Resource Partners LP		839,569
	31,435	Allstate Corp. (The)		2,193,849
	130,195	Altria Group, Inc.		6,913,354
	41,200	American Capital Mortgage Investment Corp., REIT		767,968
	95,335	American Financial Group, Inc.		5,533,243
	52,913	American Woodmark Corp.(b)		2,176,312
	28,100	Amgen, Inc.		4,278,506
	16,300	Amsurg Corp.(b)		899,434
	17,400	AmTrust Financial Services, Inc.		880,788
	256,200	Annaly Capital Management, Inc., REIT		2,705,472
	42,286	Anthem, Inc.		5,706,919

Shares			Value
UNITED STATES (continued)
	387,535	Anworth Mortgage Asset Corp., REIT	$	2,011,307
	144,495	Approach Resources, Inc.(b)		905,984
	55,001	ArcBest Corp.		2,049,337
	39,800	Associated Estates Realty Corp., REIT		991,418
	34,362	Atlantic Tele-Network, Inc.		2,282,668
	13,883	AutoNation, Inc.(b)		827,704
	96,932	Becton Dickinson and Co.		13,384,371
	38,800	Benchmark Electronics, Inc.(b)		940,124
	58,100	Berkshire Hathaway, Inc. - Class B(b)		8,361,171
	74,800	Big Lots, Inc.		3,434,068
	2,100	Biogen Idec, Inc.(b)		817,236
	13,000	Blucora, Inc.(b)		175,760
	186,854	Brocade Communications Systems, Inc.		2,077,816
	20,100	Brunswick Corp.		1,091,028
	39,969	Cabot Corp.		1,695,085
	100,502	CAI International, Inc.(b)		2,107,527
	100,346	Calgon Carbon Corp.(b)		1,979,827
	23,200	Cash America International, Inc.		482,560
	14,200	Celanese Corp.		763,392
	30,841	Centene Corp.(b)		3,366,604
	43,811	Chevron Corp.		4,491,942
	266,600	Chimera Investment Corp., REIT		837,124
	61,182	Chubb Corp. (The)		5,989,718
	81,684	Church & Dwight Co., Inc.		6,609,869
	136,846	Cirrus Logic, Inc.(b)		3,626,419
	42,096	CIT Group, Inc.		1,844,647
	200,000	Citigroup, Inc.		9,390,000
	41,847	Clearwater Paper Corp.(b)		3,097,515
	62,220	Clorox Co. (The)		6,639,496
	199,953	Coca-Cola Co. (The)		8,232,065
	12,974	Cognizant Technology Solutions Corp. - Class A(b)		702,283
	85,628	Colgate-Palmolive Co.		5,781,603
	11,300	Computer Sciences Corp.		685,684
	37,118	Consolidated Edison, Inc.		2,571,535
	9,900	Constellation Brands, Inc. - Class A(b)		1,093,455
	35,700	CR Bard, Inc.		6,105,771
	119,315	CTS Corp.		1,909,040
	6,673	CVS Health Corp.		655,022
	72,529	Danaher Corp.		5,974,939
	194,852	Dean Foods Co.		3,530,718
	30,000	Deckers Outdoor Corp.(b)		1,981,500
	44,084	Delta Air Lines, Inc.		2,085,614
	13,700	Deluxe Corp.		889,541
	120,600	Dollar Tree, Inc.(b)		8,574,660
	24,718	Dover Corp.		1,731,249
	7,100	Dril-Quip, Inc.(b)		527,033
	8,700	DST Systems, Inc.		841,290
	72,520	DTE Energy Co.		6,502,143

Shares			Value
UNITED STATES (continued)
	76,755	Duke Energy Corp.	$	6,688,431
	11,500	Edwards Lifesciences Corp.(b)		1,441,525
	54,155	Encore Wire Corp.		1,658,768
	21,228	Enova International, Inc.(b)		408,639
	80,335	Exactech, Inc.(b)(c)		1,670,165
	77,912	ExlService Holdings, Inc.(b)		2,289,055
	55,600	Exxon Mobil Corp.		4,860,552
	195,000	Finish Line, Inc., (The) - Class A		4,602,000
	31,157	First Solar, Inc.(b)		1,318,564
	11,200	FMC Technologies, Inc.(b)		419,776
	282,873	Fortress Investment Group LLC - Class A(b)		2,019,713
	14,300	Gap, Inc. (The)		589,017
	19,600	General Mills, Inc.		1,028,608
	1,725,000	General Motors Co., Escrow Shares(b)(c)(d)		258,750
	40,679	Genworth Financial, Inc. - Class A(b)		283,939
	148,900	Gilead Sciences, Inc.(b)		15,609,187
	1,000	Graham Holdings Co.- Class B		935,320
	15,800	Grand Canyon Education, Inc.(b)		692,356
	42,643	Greatbatch, Inc.(b)		2,070,744
	34,300	Green Plains Renewable Energy, Inc.		802,963
	32,252	Greenbrier Cos., Inc. (The)		1,674,846
	17,878	Halyard Health, Inc.(b)		796,822
	234,700	Hatteras Financial Corp., REIT		4,266,846
	100,000	Hawaiian Holdings, Inc.(b)		1,944,000
	44,812	HCI Group, Inc.		2,070,763
	22,500	Health Net, Inc.(b)		1,218,825
	93,698	Heidrick & Struggles International, Inc.		2,076,348
	27,356	Helmerich & Payne, Inc.		1,629,323
	86,043	Hertz Global Holdings, Inc.(b)		1,765,602
	6,800	Hess Corp.		458,932
	26,900	Hewlett-Packard Co.		971,897
	116,662	Hormel Foods Corp.		5,975,428
	57,400	IAC/InterActiveCorp		3,498,530
	101,157	IDACORP, Inc.		6,869,572
	24,100	Insys Therapeutics, Inc.(b)		1,151,498
	3,300	Inteliquent, Inc.		55,506
	28,604	International Business Machines Corp.		4,385,279
	16,900	ITT Corp.		605,189
	88,700	JetBlue Airways Corp.(b)		1,489,273
	5,700	Johnson & Johnson.		570,798
	121,181	K12, Inc.(b)		1,723,194
	7,900	Kaiser Aluminum Corp.		547,549
	186,054	Kellogg Co.		12,201,421
	57,464	Kemper Corp.		2,006,068
	431,554	Key Energy Services, Inc.(b)		725,011
	143,032	Kimberly-Clark Corp.		15,441,735
	5,400	Laboratory Corp. of America Holdings(b)		619,812

Shares			Value
UNITED STATES (continued)
	14,700	Lexmark International, Inc. - Class A	$	586,677
	452,728	Lionbridge Technologies, Inc.(b)		2,254,585
	35,658	Lowe’s Cos, Inc.		2,416,186
	28,433	Manpowergroup, Inc.		2,072,197
	82,384	Matrix Service Co.(b)		1,581,773
	80,111	McCormick & Co., Inc. - Non Voting Shares		5,719,124
	73,608	McDonald’s Corp.		6,804,324
	75,572	MDC Holdings, Inc.		1,889,300
	150,000	Medtronic Plc		10,710,000
	202,412	Methode Electronics, Inc.		7,321,242
	2,700	Mettler-Toledo International, Inc.(b)		820,665
	89,853	Micron Technology, Inc.(b)		2,629,547
	75,700	Microsoft Corp.		3,058,280
	26,900	Myriad Genetics, Inc.(b)		1,006,598
	10,600	National Oilwell Varco, Inc.		576,958
	24,100	NeuStar, Inc. - Class A(b)		633,589
	83,600	Newmont Mining Corp.		2,102,540
	4,400	Northrop Grumman Corp.		690,580
	42,100	Old Republic International Corp.		591,084
	76,627	Omnicom Group, Inc.		5,578,446
	223,235	ON Semiconductor Corp.(b)		2,234,582
	15,000	Oracle Corp.		628,350
	31,359	OSI Systems, Inc.(b)		2,194,503
	15,200	Outerwall, Inc.(b)		943,616
	15,000	PAREXEL International Corp.(b)		914,400
	66,427	Patterson-UTI Energy, Inc.		1,139,887
	222,600	PDL BioPharma, Inc.		1,622,754
	160,200	People’s United Financial, Inc.		2,254,014
	61,257	PepsiCo, Inc.		5,744,681
	36,400	PetSmart, Inc.		2,974,062
	191,861	Pfizer, Inc.		5,995,656
	44,123	Pilgrim’s Pride Corp.		1,197,939
	11,000	PRA Group, Inc.(b)		544,720
	42,336	Praxair, Inc.		5,105,298
	8,000	Priceline Group, Inc. (The)(b)		8,075,840
	74,600	PulteGroup, Inc.		1,536,014
	18,700	Quest Diagnostics, Inc.		1,329,009
	11,000	Raymond James Financial, Inc.		578,820
	60,190	Regions Financial Corp.		523,653
	11,100	ResMed, Inc.		693,417
	27,733	REX American Resources Corp.(b)		1,539,459
	35,593	Rogers Corp.(b)		2,628,899
	34,638	Safety Insurance Group, Inc.		2,145,824
	68,400	Sanderson Farms, Inc.		5,469,264
	60,000	SanDisk Corp.		4,554,600
	30,370	Sanmina Corp.(b)		643,237
	17,672	Savient Pharmaceuticals, Inc.(b)(c)(d)(e)		0
	12,400	Science Applications International Corp.		604,872

Shares			Value
UNITED STATES (continued)
	45,000	Select Income REIT	$	1,119,150
	40,571	Silgan Holdings, Inc.		2,085,755
	26,995	SM Energy Co.		1,020,951
	138,818	Sonoco Products Co.		6,135,756
	23,800	Southwest Airlines Co.		1,075,284
	57,900	Spectra Energy Partners LP		3,146,865
	27,405	SPX Corp.		2,290,236
	75,900	St Joe Co. (The)(b)		1,226,544
	24,100	Starwood Property Trust, Inc., REIT		576,713
	216,018	SUPERVALU, Inc.(b)		2,104,015
	42,000	Symetra Financial Corp.		853,020
	26,600	Synopsys, Inc.(b)		1,143,534
	17,600	Syntel, Inc.(b)		761,200
	155,749	Take-Two Interactive Software, Inc.(b)		4,628,860
	50,200	TC PipeLines LP(b)		3,418,118
	10,700	Tech Data Corp.(b)		610,970
	50,000	Tiffany & Co.		4,332,000
	139,628	Torchmark Corp.		6,991,174
	20,515	Travelers Cos., Inc. (The)		2,109,352
	205,262	Triangle Petroleum Corp.(b)		1,077,625
	67,186	Trinity Industries, Inc.		1,778,413
	31,600	Tyson Foods, Inc. - Class A		1,233,664
	56,682	United Parcel Service, Inc. - Class B		5,602,449
	5,177	Universal Health Services, Inc. - Class B		530,798
	186,668	Valero Energy Corp.		9,871,004
	140,012	Vectren Corp.		6,709,375
	12,300	Verizon Communications, Inc.		562,233
	7,900	Visteon Corp.(b)		765,905
	35,400	Voya Financial, Inc.		1,380,954
	37,956	VSE Corp.(c)		2,746,876
	9,400	WABCO Holdings, Inc.(b)		894,598
	60,000	Walgreens Boots Alliance, Inc.		4,425,000
	151,062	Wal-Mart Stores, Inc.		12,837,249
	16,317	Wells Fargo & Co.		847,179
	112,700	Werner Enterprises, Inc.		3,215,331
	151,430	Westar Energy, Inc.		6,469,090
	20,256	Western Digital Corp.		1,969,491
	35,223	Western Union Co. (The)		598,791
	10,600	Westlake Chemical Corp.		607,486
	11,892	Wintrust Financial Corp.		516,945
	127,848	Wisconsin Energy Corp.		7,130,083
	100,000	Worthington Industries, Inc.		2,993,000
	179,128	Xcel Energy, Inc.		6,722,674
	17,000	Zoetis, Inc.		726,410
				588,631,683
Total Common Stocks (Cost $863,165,090)				917,272,437
CLOSED-END FUNDS — 6.4%
UNITED STATES — 6.4%
	381,882	Apollo Tactical Income Fund, Inc.		6,144,481

Shares			Value
UNITED STATES (continued)
	500,715	Ares Dynamic Credit Allocation Fund, Inc.	$	8,006,433
	355,000	Avenue Income Credit Strategies Fund		5,307,250
	421,279	Babson Capital Global Short Duration High Yield Fund		8,728,901
	100,709	Babson Capital Participation Investors		1,319,288
	310,251	Blackrock Corp. High Yield Fund, Inc.		3,490,324
	631,890	BlackRock Credit Allocation Income Trust		8,517,877
	4,532,694	BlackRock Debt Strategies Fund, Inc.		16,634,987
	250,000	BlackRock Defined Opportunity Credit Trust		3,252,500
	494,617	BlackRock Income Trust, Inc.		3,215,010
	483,522	Blackrock Multi-Sector Income Trust		8,369,766
	1,012,702	Blackstone/GSO Strategic Credit Fund		16,000,692
	612,043	Brookfield Mortgage Opportunity Income Fund, Inc.		10,098,709
	1,390,880	ClearBridge Energy MLP Fund, Inc.		35,467,440
	503,285	Cohen & Steers Limited Duration Preferred and Income Fund, Inc.		11,942,953
	200,000	Deutsche Multi-Market Income Trust		1,686,000
	928,831	Doubleline Income Solutions Fund		18,325,836
	557,875	First Trust Intermediate Duration Preferred & Income Fund		12,568,924
	112,909	Guggenheim Credit Allocation Fund		2,487,385
	460,628	Invesco Dynamic Credit Opportunities Fund		5,389,348
	1,000,000	Invesco Senior Income Trust		4,480,000
	287,092	KKR Income Opportunities Fund		4,691,083
	441,713	Legg Mason BW Global Income Opportunities Fund, Inc.		7,650,469
	635,280	New America High Income Fund		5,749,284
	1,256,260	NexPoint Credit Strategies Fund		13,919,361
	163,887	Nuveen Mortgage Opportunity Term Fund		3,839,872
	171,337	Nuveen Preferred & Income Term Fund		4,004,146
	1,381,589	Nuveen Quality Preferred Income Fund		11,854,034
	975,000	PIMCO Dynamic Credit Income Fund		19,929,000
	480,000	Pimco Dynamic Income Fund		14,558,400
	627,840	Pioneer Floating Rate Trust		7,025,530

Shares			Value
UNITED STATES (continued)
	376,872	Prudential Global Short Duration High Yield Fund, Inc.	$	6,199,544
	983,439	Prudential Short Duration High Yield Fund, Inc.		15,941,546
	39,802	Stone Harbor Emerging Markets Income Fund		607,777
	839,235	Tortoise Energy Infrastructure Corp.		36,171,028
	1,879,103	Wells Fargo Advantage Income Opportunities Fund		16,348,196
	248,900	Western Asset Mortgage Defined Opportunity Fund		6,115,473
	40,328	Western Asset Variable Rate Strategic Fund, Inc.		665,815
Total Closed-End Funds (Cost $386,242,725)				366,704,662
EXCHANGE TRADED FUNDS — 1.5%
UNITED STATES — 1.5%
	400,000	Alerian MLP ETF		6,840,000
	307,427	iShares MSCI Canada Index Fund		8,128,370
	395,400	iShares MSCI Germany Index Fund		11,090,970
	200,000	iShares MSCI Taiwan ETF		3,046,000
	120,000	ProShares Short VIX Short-Term Futures ETF(b)		5,862,000
	125,000	Vanguard FTSE Europe ETF		6,585,000
	162,579	WisdomTree Europe SmallCap Dividend Fund		8,486,624
	760,000	WisdomTree Japan Hedged Equity Fund		37,407,200
Total Exchange Traded Funds (Cost $88,664,296)				87,446,164
PREFERRED STOCKS — 0.1%
UNITED STATES — 0.1%
	35,000	Exelon Corp.		1,832,600
	104,500	New York Community Capital Trust V		5,185,812
Total Preferred Stocks (Cost $6,840,925)				7,018,412

Contracts/ Notional Amount($)			Value
CALL OPTIONS PURCHASED — 0.0%
	90,909	Euro STOXX Banks Index, Strike $150.00, Expires 03/20/15		62,370
	75	S&P 500 Index, Strike $2,050.00, Expires 04/17/15		234,000
$	25,000,000	U.S. Stock Basket Absolute Dispersion, Strike $22.00, Expires 07/17/15		638,403

Contracts/ Notional Amount($)				Value
	4,201		WisdomTree Japan Hedged Equity Fund, Strike $53.22, Expires 02/20/15	$	8,402
Total Call Options Purchased (Cost $2,770,832)					943,175

Principal Amount				Value
CORPORATE BONDS — 7.8%
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(f)		5,002,500
BERMUDA — 0.0%
	7,000,000	(g)	Celestial Nutrifoods Ltd., Cnv., 15.75%, 06/12/12(c)(d)(e)(h)		1,034,891
CANADA — 0.1%
	2,500,000		1011778 BC ULC/New Red Finance, Inc., 6.00%, 04/01/22(i)		2,562,500
	1,500,000		Quebecor Media, Inc., 5.75%, 01/15/23		1,545,000
					4,107,500
CAYMAN ISLANDS — 0.1%
	1,150,000		Jafz Sukuk Ltd., 7.00%, 06/19/19(f)		1,321,371
	2,000,000		Siem Industries, Inc., Cnv., 1.00%, 09/12/19(f)		1,790,000
	330,000		TAM Capital 3, Inc., 8.38%, 06/03/21(f)		342,705
	1,625,000		UPCB Finance VI Ltd., 6.88%, 01/15/22(i)		1,750,938
					5,205,014
CROATIA (HRVATSKA) — 0.1%
	2,100,000	(j)	Agrokor dd, 9.13%, 02/01/20(f)		2,615,033
FRANCE — 0.1%
	2,650,000	(k)	Lafarge SA, 4.75%, 09/30/20(f)		3,564,522
	373,000		Lafarge SA, 7.13%, 07/15/36		443,870
	1,000,000	(k)	Orange SA, 4.00%, 10/01/21(f)(l)		1,207,948

Principal Amount				Value
FRANCE (continued)
$	1,475,000	(k)	Renault SA, 3.13%, 03/05/21(f)		1,849,900
	650,000		SPCM SA, 6.00%, 01/15/22(f)		683,345
					7,749,585
GERMANY — 0.0%
	700,000	(k)	Unitymedia Hessen GmbH & Co. KG/Unitymedia NRW GmbH, 4.00%, 01/15/25(f)		817,107
	200,000	(k)	Unitymedia Hessen GmbH & Co. KG/Unitymedia NRW GmbH, 6.25%, 01/15/29(f)		256,226
					1,073,333
GREECE — 0.0%
	1,250,000		Aegean Marine Petroleum Network, Inc., Cnv., 4.00%, 11/01/18		1,442,969
HONG KONG — 0.0%
	9,700,000		China Milk Products Group Ltd., Cnv., 12.86%, 01/05/12(b)(c)(d)(e)(h)		1,133,154
INDIA — 0.0%
	1,375,000		Tata Motors Ltd., 4.63%, 04/30/20(f)		1,430,000
IRELAND — 0.1%
	1,250,000		AerCap Ireland Capital Ltd./AerCap Global Aviation Trust, 4.50%, 05/15/21(i)		1,285,562
	1,875,000	(k)	Ardagh Packaging Finance Plc/Ardagh Holdings USA, Inc., 4.25%, 01/15/22(f)		2,108,146
	1,475,000	(k)	eircom Finance Ltd., 9.25%, 05/15/20(f)		1,812,582
	1,401,000	(j)	Smurfit Kappa Acquisitions, 4.13%, 01/30/20(f)		1,737,477
					6,943,767
ITALY — 0.1%
	1,525,000	(m)	Enel SpA, 7.75%, 09/10/75(f)(l)		2,638,667
	950,000	(k)	Telecom Italia SpA, 6.38%, 06/24/19		1,598,272
	400,000	(k)	Telecom Italia SpA, 4.50%, 01/25/21(f)		503,616
					4,740,555
JAPAN — 0.1%
	1,800,000	(j)	SoftBank Corp., 4.63%, 04/15/20(f)		2,182,242

Principal Amount				Value
JERSEY CHANNEL ISLANDS — 0.1%
$	2,000,000	(k)	Derwent London Capital No. 2 Jersey Ltd., Cnv., 1.13%, 07/24/19(f)		3,449,212
LUXEMBOURG — 0.4%
	200,000	(k)	Altice Financing SA, 5.25%, 02/15/23(f)		227,129
	975,000		Altice Financing SA, 6.63%, 02/15/23(i)		1,004,250
	350,000	(k)	Altice SA, 6.25%, 02/15/25(f)		396,487
	600,000	(k)	CNH Industrial Finance Europe SA, 6.25%, 03/09/18(f)		760,170
	1,000,000		Cosan Luxembourg SA, 5.00%, 03/14/23(f)		862,800
	425,000	(k)	Fiat Chrysler Finance Europe, 4.75%, 07/15/22(f)		530,073
	1,425,000	(m)	Finmeccanica Finance SA, 8.00%, 12/16/19		2,551,384
	2,000,000	(k)	Grand City Properties SA, Series D, 2.00%, 10/29/21(f)		2,276,001
	2,200,000	(k)	Greif Nevada Holdings, Inc. SCS, 7.38%, 07/15/21(f)		2,921,036
	1,600,000	(k)	HeidelbergCement Finance Luxembourg SA, 7.50%, 04/03/20		2,348,129
	8,000,000		Subsea 7 SA, Cnv., 1.00%, 10/05/17(f)		6,908,000
	1,600,000	(k)	Sunrise Communications International SA, 7.00%, 12/31/17(f)		1,873,983
	1,000,000	(k)	Wind Acquisition Finance SA, 4.00%, 07/15/20(f)		1,118,808
	1,100,000	(k)	Xella Holdco Finance SA, 9.13% cash or 9.88% payment-in-kind interest, 09/15/18(f)(n)		1,284,821
					25,063,071
NETHERLANDS — 0.2%
	1,475,000	(k)	Cable Communications Systems NV, 7.50%, 11/01/20(f)		1,711,911
	1,000,000	(k)	Deutsche Annington Finance BV, 4.00%, 12/29/49(f)(l)		1,180,844
	900,000	(k)	Deutsche Annington Finance BV, 4.63%, 04/08/74(f)(l)		1,087,116
	1,250,000	(k)	Grupo Antolin Dutch BV, 4.75%, 04/01/21(f)		1,477,115
	1,225,000	(k)	LGE HoldCo VI BV, 7.13%, 05/15/24(f)		1,565,925
	2,000,000		NXP Semiconductors NV, Cnv., 1.00%, 12/01/19(i)		2,147,500
	500,000	(k)	Schaeffler Holding Finance BV, 5.75% cash or 6.50% payment- in-kind interest, 11/15/21(f)		605,451

Principal Amount				Value
NETHERLANDS (continued)
$	1,000,000	(k)	Telefonica Europe BV, 5.88%, 03/31/49(f)(l)		1,278,487
	525,000	(k)	Ziggo Secured Finance BV, 3.75%, 01/15/25(f)		593,247
					11,647,596
NORWAY — 0.1%
	775,000	(k)	Lock AS, 5.82%, 08/15/20(f)(l)		875,746
	650,000	(k)	Lock AS, 7.00%, 08/15/21(f)		756,590
	500,000	(j)	Lock AS, 7.00%, 08/15/21(f)		586,891
					2,219,227
POLAND — 0.0%
	1,075,000	(k)	Play Finance 2 SA, 5.25%, 02/01/19(f)		1,272,445
PORTUGAL — 0.0%
	1,151,000	(k)	PT Portugal SGPS SA, 6.25%, 07/26/16(f)		1,334,904
TURKEY — 0.0%
	1,400,000		Turkiye Sise ve Cam Fabrikalari AS, 4.25%, 05/09/20(f)		1,372,000
UNITED KINGDOM — 0.2%
	1,350,000	(k)	Arqiva Broadcast Finance Plc, 9.50%, 03/31/20(f)		2,231,226
	330,000	(m)	Arrow Global Finance Plc, 7.88%, 03/01/20(f)		511,959
	490,000	(k)	Debenhams Plc, 5.25%, 07/15/21(f)		723,270
	2,200,000	(m)	Heathrow Finance Plc, 7.13%, 03/01/17(f)		3,612,710
	1,475,000	(k)	Infinis Plc, 7.00%, 02/15/19(f)		2,349,399
	925,000	(k)	Jerrold Finco Plc, 9.75%, 09/15/18(f)		1,527,340
	950,000	(k)	Southern Water Greensands Financing Plc, 8.50%, 04/15/19(f)		1,588,294
					12,544,198
UNITED STATES — 6.0%
	3,000,000		Acorda Therapeutics, Inc., Cnv., 1.75%, 06/15/21		3,491,250
	2,250,000		Activision Blizzard, Inc., 5.63%, 09/15/21(i)		2,410,312
	11,610,000		Alere, Inc., Cnv., 3.00%, 05/15/16		12,596,850
	3,500,000		Ally Financial, Inc., 8.00%, 11/01/31		4,519,375
	6,000,000		Ares Capital Corp., Cnv., 5.13%, 06/01/16		6,176,250

Principal Amount				Value
UNITED STATES (continued)
$	3,000,000		Ascent Capital Group, Inc., Cnv., 4.00%, 07/15/20(c)		2,295,000
	7,000,000		BioMarin Pharmaceutical, Inc., Cnv., 1.50%, 10/15/20		9,012,500
	5,000,000		BlackRock Kelso Capital Corp., Cnv., 5.50%, 02/15/18		5,071,875
	4,000,000		Blucora, Inc., Cnv., 4.25%, 04/01/19		3,742,500
	7,500,000		BroadSoft, Inc., Cnv., 1.50%, 07/01/18		7,706,250
	9,000,000		Cardtronics, Inc., Cnv., 1.00%, 12/01/20(c)		8,436,897
	1,500,000		CCO Holdings LLC/CCO Holdings Capital Corp., 7.25%, 10/30/17		1,560,000
	1,425,000	(j)	Celanese US Holdings LLC, 3.25%, 10/15/19		1,663,735
	1,500,000		Cequel Communications Holdings I LLC/Cequel Capital Corp., 6.38%, 09/15/20(i)		1,560,000
	5,000,000		Chesapeake Energy Corp., Cnv., 2.50%, 05/15/37		4,831,250
	6,000,000		Ciena Corp. Cnv., 0.88%, 06/15/17		5,925,000
	1,500,000		Clear Channel Worldwide Holdings, Inc. - Series B, 6.50%, 11/15/22		1,546,875
	1,250,000		Crown Media Holdings, Inc., 10.50%, 07/15/19		1,356,250
	2,100,000		Depomed, Inc., Cnv., 2.50%, 09/01/21		2,443,875
	2,500,000		Emergent Biosolutions, Inc., Cnv., 2.88%, 01/15/21(i)		2,868,750
	900,000		Endo Finance LLC/Endo Ltd./Endo Finco, Inc., 6.00%, 02/01/25(i)		919,687
	1,000,000		Endologix, Inc., Cnv., 2.25%, 12/15/18		950,625
	3,500,000		Energy XXI Ltd., Cnv., 3.00%, 12/15/18		1,050,000
	5,000,000		Finisar Corp., Cnv., 0.50%, 12/15/33		4,787,500
	5,000,000		Fluidigm Corp., Cnv., 2.75%, 02/01/34		5,281,250
	2,000,000		Fresenius Medical Care US Finance II, Inc., 4.13%, 10/15/20(i)		2,066,900
	7,000,000		General Cable Corp., Cnv., STEP, 4.50%, 11/15/29		4,423,125
	750,000		General Motors Financial Co., Inc., 4.00%, 01/15/25		766,388
	500,000		Goodrich Petroleum Corp., Cnv., 5.00%, 10/01/32		182,500
	2,200,000		Griffon Corp., Cnv., 4.00%, 01/15/17(i)		2,572,625

Principal Amount				Value
UNITED STATES (continued)
$	1,500,000		Harron Communications LP/Harron Finance Corp., 9.13%, 04/01/20(i)		1,612,500
	1,500,000		HCA, Inc., 5.25%, 04/15/25		1,635,000
	2,325,000		HJ Heinz Co., 4.88%, 02/15/25(i)		2,333,719
	17,500,000		Hologic, Inc., Cnv., STEP, 2.00%, 03/01/42		20,748,438
	10,000,000		Hologic, Inc., Cnv., STEP, 2.00%, 12/15/43		11,331,250
	5,000,000		HomeAway, Inc., Cnv., 0.13%, 04/01/19(i)		4,540,625
	7,000,000		Hornbeck Offshore Services, Inc., Cnv., 1.50%, 09/01/19		5,770,625
	11,000,000		Integra Lifesciences Holdings Corp., 1.63%, 12/15/16(c)		11,907,500
	1,500,000		JBS USA LLC/JBS USA Finance, Inc., 7.25%, 06/01/21(i)		1,553,250
	7,000,000		JDS Uniphase Corp., Cnv., 0.63%, 08/15/33		7,188,125
	3,120,000		Kinder Morgan, Inc., 7.75%, 01/15/32		3,900,998
	29,039,911		Liberty Interactive LLC, Cnv., 3.75%, 02/15/30		18,694,442
	2,000,000		Liberty Interactive LLC, Cnv., 1.00%, 09/30/43(i)		2,260,000
	6,000,000		Live Nation Entertainment, Inc., Cnv., 2.50%, 05/15/19(i)		6,266,250
	3,000,000		Meritage Homes Corp., Cnv., 1.88%, 09/15/32		2,960,625
	8,000,000		Meritor, Inc., Cnv., STEP, 4.00%, 02/15/27		8,310,000
	2,000,000		Molina Healthcare, Inc., Cnv., 1.63%, 08/15/44		2,193,750
	1,325,000	(j)	MPT Operating Partnership LP/MPT Finance Corp., REIT, 5.75%, 10/01/20		1,613,279
	1,500,000		Nielsen Finance LLC/Nielsen Finance Co., 5.00%, 04/15/22(i)		1,503,750
	2,000,000		NVIDIA Corp., Cnv., 1.00%, 12/01/18		2,252,500
	9,000,000		Omnicare, Inc., Cnv., 3.25%, 12/15/35		9,691,875
	5,000,000		PDL BioPharma, Inc., Cnv., 4.00%, 02/01/18		4,765,625
	7,000,000		Priceline Group, Inc. (The), Cnv., 0.90%, 09/15/21(c)(i)		6,518,750
	1,500,000		Prospect Capital Corp., Cnv., 5.50%, 08/15/16		1,500,000
	5,000,000		Prospect Capital Corp., Cnv., 5.75%, 03/15/18		4,925,000

Principal Amount				Value
UNITED STATES (continued)
$	2,000,000		Prospect Capital Corp., Cnv., 4.75%, 04/15/20(i)		1,835,000
	250,000	(j)	PSPC Escrow Corp., 6.00%, 02/01/23(f)		285,677
	6,000,000		RTI International Metals, Inc., Cnv., 1.63%, 10/15/19		5,538,750
	10,500,000		SEACOR Holdings, Inc., Cnv., 3.00%, 11/15/28(c)		9,450,000
	12,000,000		ShengdaTech, Inc., Cnv., 6.50%, 12/15/15(b)(c)(d)(e)(i)		1,200,000
	1,500,000		Sirius XM Radio, Inc., 6.00%, 07/15/24(i)		1,541,250
	2,500,000		Southern Star Central Corp., 5.13%, 07/15/22(i)		2,525,000
	1,500,000		Sprint Communications, Inc., 9.00%, 11/15/18(i)		1,728,750
	10,000,000		Starwood Property Trust, Inc., Cnv., 3.75%, 10/15/17		10,331,250
	7,900,000		Starwood Property Trust, Inc., Cnv., REIT, 4.55%, 03/01/18		8,571,500
	4,000,000		Stone Energy Corp., Cnv., 1.75%, 03/01/17		3,455,000
	5,300,000		Titan Machinery, Inc., Cnv., 3.75%, 05/01/19		3,816,000
	1,500,000		T-Mobile USA, Inc., 6.50%, 01/15/24		1,556,250
	5,000,000		Twitter, Inc., Cnv., 0.25%, 09/15/19(i)		4,503,125
	525,000		Valeant Pharmaceuticals International, Inc., 5.50%, 03/01/23(i)		538,125
	5,000,000		Vector Group Ltd., Cnv., 1.75%, 04/15/20		5,328,125
	2,325,000	(m)	Virgin Media Secured Finance Plc, 6.00%, 04/15/21(f)		3,694,535
	4,000,000		Web.com Group, Inc., Cnv., 1.00%, 08/15/18		3,482,500
	5,000,000		WebMD Health Corp., Cnv., 2.25%, 03/31/16		5,009,375
	9,000,000		WebMD Health Corp., Cnv., 2.50%, 01/31/18(c)		8,904,375
	2,000,000		WebMD Health Corp., Cnv., 1.50%, 12/01/20		1,962,500
					343,450,357
VIRGIN ISLANDS (BRITISH) — 0.0%
	2,150,000		OAS Finance Ltd., 8.00%, 07/02/21(i)		269,825

Principal
Amount				Value
VIRGIN ISLANDS (BRITISH) (continued)
$	1,050,000		OAS Finance Ltd., 8.00%, 07/02/21(i)	131,775
				401,600
Total Corporate Bonds (Cost $474,811,562)				447,415,153
GOVERNMENT BONDS — 4.2%
BRAZIL — 0.3%
	1,710,000	(k)	Brazil Letras do Tesouro Nacional, 11.14%, 10/01/15(h)	588,534
	4,270,000	(k)	Brazil Letras do Tesouro Nacional, 11.31%, 01/01/16(h)	1,425,861
	510,000	(k)	Brazil Letras do Tesouro Nacional, 11.29%, 07/01/16(h)	160,572
	1,620,000	(k)	Brazil Letras do Tesouro Nacional, 11.31%, 10/01/16(h)	495,268
	9,490,000	(k)	Brazil Notas do Tesouro Nacional, Series B, 6.00%, 05/15/15	9,187,211
	1,410,000	(k)	Brazil Notas do Tesouro Nacional, Series B, 6.00%, 05/15/19	1,360,603
	160,000	(k)	Brazil Notas do Tesouro Nacional, Series B, 6.00%, 08/15/20	156,550
	840,000	(k)	Brazil Notas do Tesouro Nacional, Series B, 6.00%, 08/15/22	824,707
	1,292,000	(k)	Brazil Notas do Tesouro Nacional, Series B, 6.00%, 05/15/23	1,248,582
	80,000	(k)	Brazil Notas do Tesouro Nacional, Series B, 6.00%, 08/15/24	78,287
	2,400,000	(k)	Brazil Notas do Tesouro Nacional, Series B, 6.00%, 05/15/45	2,305,534
	3,900,000	(k)	Brazil Notas do Tesouro Nacional, Series F, 10.00%, 01/01/17	1,408,512
				19,240,221
HUNGARY — 0.4%
	61,000,000	(k)	Hungary Government Bond, 8.00%, 02/12/15	222,011
	108,050,000	(k)	Hungary Government Bond, 7.75%, 08/24/15	405,744
	96,000,000	(k)	Hungary Government Bond, 5.50%, 02/12/16	363,287
	22,320,000	(k)	Hungary Government Bond, 5.50%, 12/22/16	87,370
	127,110,000	(k)	Hungary Government Bond, 6.75%, 02/24/17	509,394

Principal Amount				Value
HUNGARY (continued)
$	507,020,000	(k)	Hungary Government Bond, 6.75%, 11/24/17		2,091,621
	105,450,000	(k)	Hungary Government Bond, 4.00%, 04/25/18		406,295
	64,470,000	(k)	Hungary Government Bond, 5.50%, 12/20/18		263,170
	267,350,000	(k)	Hungary Government Bond, 6.50%, 06/24/19		1,142,374
	67,860,000	(k)	Hungary Government Bond, 7.50%, 11/12/20		311,924
	145,810,000	(k)	Hungary Government Bond, 7.00%, 06/24/22		680,195
	79,380,000	(k)	Hungary Government Bond, 6.00%, 11/24/23		362,077
	64,530,000	(k)	Hungary Government Bond, 5.50%, 06/24/25		290,798
	520,000	(k)	Hungary Government International Bond, 4.38%, 07/04/17(f)		631,667
	5,100,000	(k)	Hungary Government International Bond, 6.00%, 01/11/19		6,750,769
	2,920,000		Hungary Government International Bond, 6.25%, 01/29/20		3,352,452
	3,930,000		Hungary Government International Bond, 6.38%, 03/29/21		4,615,706
					22,486,854
INDONESIA — 0.1%
	2,780,000,000	(k)	Indonesia Treasury Bill, 6.44%, 01/07/16(h)		206,584
	3,590,000,000	(k)	Indonesia Treasury Bond, 9.00%, 09/15/18		302,036
	20,080,000,000	(k)	Indonesia Treasury Bond, 12.80%, 06/15/21		2,050,403
	33,160,000,000	(k)	Indonesia Treasury Bond, 12.90%, 06/15/22		3,494,660
	4,520,000,000	(k)	Indonesia Treasury Bond, 8.38%, 03/15/24		387,009
	4,640,000,000	(k)	Indonesia Treasury Bond, 8.38%, 03/15/34		400,360
					6,841,052
IRELAND — 0.2%
	7,776,160	(k)	Ireland Government Bond, 5.40%, 03/13/25		12,325,727
MALAYSIA — 0.6%
	10,000	(k)	Bank Negara Malaysia Monetary Notes, 2.89%, 03/12/15(h)		2,747

Principal Amount				Value
MALAYSIA (continued)
$	10,000	(k)	Bank Negara Malaysia Monetary Notes, 2.89%, 04/16/15(h)		2,739
	2,150,000	(k)	Bank Negara Malaysia Monetary Notes, 2.98%, 05/05/15(h)		587,722
	9,200,000	(k)	Bank Negara Malaysia Monetary Notes, 3.05%, 05/19/15(h)		2,511,968
	130,000	(k)	Bank Negara Malaysia Monetary Notes, 3.34%, 08/11/15(h)		35,217
	250,000	(k)	Bank Negara Malaysia Monetary Notes, 3.18%, 08/18/15(h)		67,679
	140,000	(k)	Bank Negara Malaysia Monetary Notes, 3.34%, 09/08/15(h)		37,824
	20,860,000	(k)	Bank Negara Malaysia Monetary Notes, 3.35%, 12/08/15(h)		5,586,214
	87,958,000	(k)	Malaysia Government Bond, 4.72%, 09/30/15		24,465,489
	4,485,000	(k)	Malaysia Government Bond, 3.20%, 10/15/15		1,235,519
					34,533,118
MEXICO — 0.6%
	46,967,000	(k)	Mexican Bonos, 6.00%, 06/18/15		3,167,173
	105,043,000	(k)	Mexican Bonos, 8.00%, 12/17/15		7,295,070
	64,370,000	(k)	Mexican Bonos, 6.25%, 06/16/16		4,456,472
	41,500,000	(k)	Mexican Bonos, 7.25%, 12/15/16		2,955,480
	23,900,000	(k)	Mexican Bonos, 7.75%, 12/14/17		1,757,944
	2,720,000	(k)	Mexican Udibonos, 5.00%, 06/16/16		1,011,302
	2,712,000	(k)	Mexican Udibonos, 3.50%, 12/14/17		1,020,924
	1,851,000	(k)	Mexican Udibonos, 4.00%, 06/13/19		715,414
	1,465,000	(k)	Mexican Udibonos, 2.50%, 12/10/20		531,026
	116,024,000	(k)	Mexico Cetes, 2.94%, 03/19/15(h)		771,179
	759,924,000	(k)	Mexico Cetes, 3.55%, 04/01/15(h)		5,045,932
	70,334,000	(k)	Mexico Cetes, 2.96%, 04/16/15(h)		466,378
	77,686,000	(k)	Mexico Cetes, 3.04%, 05/28/15(h)		513,553

Principal Amount				Value
MEXICO (continued)
$	233,731,000	(k)	Mexico Cetes, 3.03%, 06/11/15(h)		1,542,660
	81,611,000	(k)	Mexico Cetes, 2.98%, 06/25/15(h)		538,030
	102,750,000	(k)	Mexico Cetes, 2.97%, 07/23/15(h)		676,054
	217,840,000	(k)	Mexico Cetes, 3.05%, 09/17/15(h)		1,426,099
	43,189,000	(k)	Mexico Cetes, 3.22%, 10/01/15(h)		282,282
	28,792,000	(k)	Mexico Cetes, 3.24%, 11/12/15(h)		187,502
	59,442,000	(k)	Mexico Cetes, 3.26%, 12/10/15(h)		386,164
	195,667,000	(k)	Mexico Cetes, 0.00%, 01/07/16(h)		1,267,244
					36,013,882
PHILIPPINES — 0.2%
	17,160,000	(k)	Philippine Government Bond, 1.63%, 04/25/16		385,172
	312,450,000	(k)	Philippine Government Bond, 9.13%, 09/04/16		7,798,743
	25,320,000	(k)	Philippine Treasury Bill, 1.21%, 04/08/15(h)		572,627
	1,420,000	(k)	Philippine Treasury Bill, 1.37%, 05/06/15(h)		32,016
	2,150,000	(k)	Philippine Treasury Bill, 1.42%, 06/03/15(h)		48,432
	4,960,000	(k)	Philippine Treasury Bill, 1.00%, 09/02/15(h)		111,030
	5,260,000	(k)	Philippine Treasury Bill, 1.51%, 10/07/15(h)		117,299
	1,640,000	(k)	Philippine Treasury Bill, 1.37%, 11/04/15(h)		36,658
	4,060,000	(k)	Philippine Treasury Bill, 1.45%, 12/02/15(h)		90,365
					9,192,342
POLAND — 0.4%
	5,019,000	(k)	Poland Government Bond, 5.50%, 04/25/15		1,366,225
	7,481,000	(k)	Poland Government Bond, 2.97%, 07/25/15(h)		2,005,302
	32,184,000	(k)	Poland Government Bond, 6.25%, 10/24/15		8,976,327
	28,470,000	(k)	Poland Government Bond, 2.94%, 01/25/16(h)		7,569,964
	8,188,000	(k)	Poland Government Bond, 2.01%, 01/25/17(l)		2,215,154
	8,307,000	(k)	Poland Government Bond, 2.01%, 01/25/21(l)		2,230,975
					24,363,947

Principal Amount				Value
PORTUGAL — 0.1%
$	3,020,000		Portugal Government International Bond, 5.13%, 10/15/24(i)		3,343,140
SERBIA — 0.1%
	1,540,000		Republic of Serbia, 5.25%, 11/21/17(i)		1,594,285
	3,280,000		Republic of Serbia, 7.25%, 09/28/21(i)		3,754,091
					5,348,376
SLOVENIA — 0.1%
	2,860,000		Slovenia Government International Bond, 5.50%, 10/26/22(i)		3,303,300
	1,400,000		Slovenia Government International Bond, 5.85%, 05/10/23(i)		1,655,612
					4,958,912
SOUTH KOREA — 0.8%
	2,226,780,000	(k)	Korea Monetary Stabilization Bond, 2.74%, 02/02/15		2,036,192
	312,000,000	(k)	Korea Monetary Stabilization Bond, 2.47%, 04/02/15		285,518
	2,610,000,000	(k)	Korea Monetary Stabilization Bond, 2.76%, 06/02/15		2,392,615
	625,300,000	(k)	Korea Monetary Stabilization Bond, 2.66%, 06/09/15		573,111
	2,438,000,000	(k)	Korea Monetary Stabilization Bond, 1.00%, 07/21/15(h)		2,209,377
	5,276,320,000	(k)	Korea Monetary Stabilization Bond, 2.80%, 08/02/15		4,844,280
	433,000,000	(k)	Korea Monetary Stabilization Bond, 2.81%, 10/02/15		398,065
	2,539,900,000	(k)	Korea Monetary Stabilization Bond, 2.13%, 10/08/15		2,324,728
	1,227,100,000	(k)	Korea Monetary Stabilization Bond, 2.90%, 12/02/15		1,130,382
	6,633,880,000	(k)	Korea Monetary Stabilization Bond, 2.80%, 04/02/16		6,122,666
	5,569,100,000	(k)	Korea Monetary Stabilization Bond, 2.79%, 06/02/16		5,145,836
	13,728,000,000	(k)	Korea Monetary Stabilization Bond, 2.46%, 08/02/16		12,640,518
	2,082,700,000	(k)	Korea Monetary Stabilization Bond, 2.22%, 10/02/16		1,911,668
	6,036,300,000	(k)	Korea Monetary Stabilization Bond, 2.07%, 12/02/16		5,528,723
	864,500,000	(k)	Korea Treasury Bond, 2.75%, 06/10/16		798,496
	808,600,000	(k)	Korea Treasury Bond, 3.00%, 12/10/16		753,148
					49,095,323

Principal Amount				Value
SRI LANKA — 0.1%
$	13,560,000	(k)	Sri Lanka Government Bonds, Series A, 6.50%, 07/15/15		102,803
	264,000,000	(k)	Sri Lanka Government Bonds, Series A, 11.00%, 08/01/15		2,044,994
	385,000,000	(k)	Sri Lanka Government Bonds, Series B, 11.00%, 09/01/15		2,991,899
					5,139,696
UKRAINE — 0.2%
	200,000		Financing of Infrastrucural Projects State Enterprise, 7.40%, 04/20/18(i)		98,000
	100,000	(k)	Ukraine Government International Bond, 4.95%, 10/13/15(i)		64,410
	200,000		Ukraine Government International Bond, 6.25%, 06/17/16(i)		108,300
	4,230,000		Ukraine Government International Bond, 9.25%, 07/24/17(i)		2,246,807
	1,350,000		Ukraine Government International Bond, 6.75%, 11/14/17(i)		700,650
	9,600,000		Ukraine Government International Bond, 7.75%, 09/23/20(i)		4,972,800
	1,580,000		Ukraine Government International Bond, 7.80%, 11/28/22(i)		790,190
					8,981,157
Total Government Bonds (Cost $262,419,516)					241,863,747
ASSET-BACKED SECURITIES — 6.1%
CAYMAN ISLANDS — 1.3%
	5,000,000		Adams Mill CLO Ltd., Series 2014-1A, Class E1, 5.25%, 07/15/26(i)(l)		4,335,084
	11,750,000		Adams Mill CLO Ltd., Series 2014-1A, Class F, 5.92%, 07/15/26(c)(i)(l)		9,718,562
	3,500,000		Apidos CLO XIX, Series 2014-19A, Class E, 5.66%, 10/17/26(i)(l)		3,188,430
	5,000,000		Apidos CLO XVIII, Series 2014-18A, Class D, 5.46%, 07/22/26(i)(l)		4,490,603
	2,500,000		Apidos CLO XX, Series 2015-20A, Class D, 5.85%, 01/16/27(i)(l)		2,319,417
	2,500,000		Babson CLO Ltd., Series 2014-3A, Class E1, 5.33%, 01/15/26(i)(l)		2,218,378
	1,250,000		Battalion CLO VII Ltd., Series 2014-7A, Class D, 5.50%, 10/17/26(i)(l)		1,103,645

Principal Amount			Value
CAYMAN ISLANDS (continued)
$	2,500,000	Benefit Street Partners CLO V Ltd., Series 2014-VA, Class E, 5.41%, 10/20/26(i)(l)		2,195,725
	1,000,000	Dryden Senior Loan Fund, Series 2014-36A, Class E, 5.43%, 11/09/25(i)(l)		894,391
	3,000,000	Gramercy Park CLO Ltd., Series 2012-1AR, Class DR, 5.75%, 07/17/23(i)(l)		2,954,985
	5,000,000	JFIN CLO 2014 Ltd., Series 2014-1A, Class E, 5.26%, 04/20/25(i)(l)		4,358,900
	2,500,000	Limerock CLO III LLC, Series 2014-3A, Class D, 5.38%, 10/20/26(i)(l)		2,238,375
	1,000,000	Madison Park Funding XV Ltd., Series 2014-15A, Class D, 5.69%, 01/27/26(i)(l)		914,498
	1,000,000	Neuberger Berman CLO XVIII Ltd., Series 2014-18A, Class D, 5.48%, 11/14/25(i)(l)		886,637
	1,705,000	Octagon Investment Partners XX Ltd., Series 2014-1A, Class E, 5.49%, 08/12/26(i)(l)		1,513,795
	1,250,000	Octagon Investment Partners XXII Ltd., Series 2014-1A, Class E1, 5.54%, 11/22/25(i)(l)		1,111,082
	5,000,000	Octagon Loan Funding Ltd., Series 2014-1A, Class E, 5.40%, 11/18/26(i)(l)		4,439,450
	2,500,000	OZLM VII Ltd., Series 2014-7A, Class D, 5.26%, 07/17/26(i)(l)		2,201,098
	2,000,000	Regatta V Funding Ltd., Series 2014-1A, Class D, 5.13%, 10/25/26(i)(l)		1,693,079
	1,500,000	Symphony CLO XV Ltd., Series 2014-15A, Class E, 5.25%, 10/17/26(i)(l)		1,330,824
	1,000,000	Voya CLO Ltd., Series 2014-4A, Class D, 5.73%, 10/14/26(i)(l)		919,232
	11,250,000	Washington Mill CLO Ltd., Series 2014-1A, Class F, 5.73%, 04/20/26(c)(i)(l)		9,611,550
	17,600,000	Washington Mill CLO Ltd., Series 2014-1A, Class SUB, 0.99%, 04/20/26(c)(i)		12,899,929
				77,537,669

UNITED STATES — 4.8%
	5,000,000	American Homes 4 Rent Pass-Through Certificates, Series 2014-SFR2, Class E, 6.23%, 10/17/36(i)		5,116,200
	4,150,374	Bear Stearns Asset-Backed Securities Trust, Series 2006-AC2, Class 22A1, 0.52%, 03/25/36(l)		1,552,423

Principal Amount			Value
UNITED STATES (continued)
$	4,150,374	Bear Stearns Asset-Backed Securities Trust, Series 2006-AC2, Class 22A3, 0.52%, 03/25/36(l)		1,552,423
	18,944,170	Bear Stearns Asset-Backed Securities Trust, Series 2006-AQ1, Class 2A2, 0.37%, 10/25/36(l)		13,934,289
	8,455,809	Bear Stearns Asset-Backed Securities Trust, Series 2007-AC4, Class A1, 0.47%, 02/25/37(l)		5,653,317
	3,892,393	Bombardier Capital Mortgage Securitization Pass-Through Certificates, Series 2000-A, Class A2, 7.58%, 06/15/30		2,225,962
	3,649,118	Bombardier Capital Mortgage Securitization Pass-Through Certificates, Series 2000-A, Class A3, 7.83%, 06/15/30		2,132,453
	6,179,173	Bombardier Capital Mortgage Securitization Pass-Through Certificates, Series 2000-A, Class A4, 8.29%, 06/15/30		3,815,639
	4,884,740	Carrington Mortgage Loan Trust, Series 2007-FRE1, Class A4, 0.59%, 02/25/37(l)		3,023,083
	8,250,000	Carrington Mortgage Loan Trust, Series 2007-RFC1, Class A3, 0.31%, 12/25/36(l)		5,392,200
	5,700,000	Carrington Mortgage Loan Trust, Series 2007-RFC1, Class A4, 0.39%, 12/25/36(l)		3,723,861
	2,649,654	Countrywide Asset-Backed Certificates, Series 2006-11, Class 3AV2, 0.33%, 09/25/46(l)		2,156,447
	8,430,592	Countrywide Asset-Backed Certificates, Series 2006-12, Class 2A2, 0.32%, 12/25/36(l)		7,862,151
	12,001,363	Countrywide Asset-Backed Certificates, Series 2006-16, Class 1A, 0.31%, 12/25/46(l)		8,818,994
	6,981,660	Countrywide Asset-Backed Certificates, Series 2006-19, Class 2A2, 0.33%, 03/25/37(l)		6,364,719
	8,283,099	Countrywide Asset-Backed Certificates, Series 2006-BC5, Class 2A3, 0.34%, 03/25/37(l)		7,800,344
	4,087,251	Countrywide Asset-Backed Certificates, Series 2007-4, Class A2, 5.53%, 04/25/47(l)		4,037,170
	9,253,880	Credit-Based Asset Servicing & Securitization LLC Trust, Series 2006-CB9, Class A2, 0.28%, 11/25/36(l)		5,227,165
	3,369,848	Credit-Based Asset Servicing & Securitization LLC Trust, Series 2006-CB9, Class A3, 0.32%, 11/25/36(l)		1,910,818

Principal Amount			Value
UNITED STATES (continued)
$	8,614,253	Fieldstone Mortgage Investment Trust, Series 2006-3, Class 2A3, 0.33%, 11/25/36(l)		5,000,031
	6,652,853	First Franklin Mortgage Loan Trust Asset Backed Certificates, Series 2007-FF2, Class A2C, 0.32%, 03/25/37(l)		4,210,810
	9,366,448	Fremont Home Loan Trust, Series 2006-3, Class 2A3, 0.34%, 02/25/37(l)		5,304,988
	7,953,446	Fremont Home Loan Trust, Series 2006-E, Class 2A3, 0.32%, 01/25/37(l)		4,038,458
	8,000,000	GFT Mortgage Loan Trust, Series 2015-GFT1, Class A, STEP, 3.72%, 01/25/55(i)		8,000,000
	6,000,000	GSAA Trust, Series 2005-11, Class 3A5, 0.54%, 10/25/35(l)		5,383,740
	907,315	GSAA Trust, Series 2006-7, Class AF2, 5.99%, 03/25/46(l)		686,252
	5,000,737	Lehman XS Trust, Series 2007-1, Class 2A1, 5.51%, 02/25/37(l)		4,607,404
	25,419,141	Long Beach Mortgage Loan Trust, Series 2006-1, Class 2A3, 0.36%, 02/25/36(l)		18,090,706
	23,891,363	Long Beach Mortgage Loan Trust, Series 2006-6, Class 1A, 0.31%, 07/25/36(l)		16,384,826
	8,546,955	Mastr Asset Backed Securities Trust, Series 2006-NC3, Class A4, 0.33%, 10/25/36(l)		5,394,761
	2,061,060	Morgan Stanley ABS Capital I, Series 2006-HE4, Class A4, 0.41%, 06/25/36(l)		1,525,620
	13,341,728	Morgan Stanley ABS Capital I, Series 2006-HE6, Class A2C, 0.32%, 09/25/36(l)		7,496,930
	4,538,783	Morgan Stanley ABS Capital I, Series 2007-HE1, Class A2D, 0.40%, 11/25/36(l)		2,892,707
	10,980,750	Morgan Stanley ABS Capital I, Series 2007-NC3, Class A2B, 0.31%, 05/25/37(l)		7,795,542
	6,725,491	Morgan Stanley Mortgage Loan Trust, Series 2006-12XS, Class A4, STEP, 6.01%, 10/25/36		3,797,408
	1,270,458	Oakwood Mortgage Investors, Inc., Series 2001-D, Class A3, 5.90%, 09/15/22(l)		1,086,198
	2,465,245	Oakwood Mortgage Investors, Inc., Series 2002-B, Class A4, 7.09%, 06/15/32(l)		2,650,528
	2,000,000	OneMain Financial Issuance Trust, Series 2014-2A, Class C, 4.33%, 09/18/24(i)		2,010,560

Principal Amount			Value
UNITED STATES (continued)
$	4,000,000	OneMain Financial Issuance Trust, Series 2014-2A, Class D, 5.31%, 09/18/24(i)		4,009,840
	15,000,000	OneMain Financial Issuance Trust, Series 2015-1A, Class C, 5.12%, 03/18/26(i)		14,999,871
	22,000,000	OneMain Financial Issuance Trust, Series 2015-1A, Class D, 6.63%, 03/18/26(i)		21,997,360
	2,500,000	Progress Residential Trust, Series 2014-SFR1, Class F, 4.87%, 10/17/31(i)(l)		2,454,975
	6,000,000	Progress Residential Trust, Series 2015-SFR1, Class E, 4.17%, 02/17/32(i)(l)		6,032,518
	16,735,000	Residential Asset Mortgage Products, Inc., Series 2006-RZ2, Class A3, 0.44%, 05/25/36(l)		15,035,812
	2,000,000	Silver Bay Realty Trust, Series 2014-1, Class E, 3.42%, 09/17/31(i)(l)		1,937,580
	4,627,107	Soundview Home Equity Loan Trust, Series 2007-OPT1, Class 2A3, 0.38%, 06/25/37(l)		2,740,603
	5,000,000	SpringCastle America Funding LLC, Series 2014-AA, Class B, 4.61%, 10/25/27(i)		5,132,585
				272,998,271
Total Asset-Backed Securities (Cost $340,360,238)				350,535,940
NON-AGENCY MORTGAGE-BACKED SECURITIES — 13.2%
COLLATERALIZED MORTGAGE OBLIGATIONS — 12.2%
	2,867,588	Adjustable Rate Mortgage Trust, Series 2005-3, Class 2A1, 2.72%, 07/25/35(l)		2,802,046
	3,549,335	Adjustable Rate Mortgage Trust, Series 2007-1, Class 4A1, 3.96%, 03/25/37(l)		2,713,218
	4,908,859	American Home Mortgage Assets Trust, Series 2005-1, Class 2A21, 2.52%, 11/25/35(l)		3,750,786
	2,861,029	American Home Mortgage Assets Trust, Series 2007-1, Class A1, 0.81%, 02/25/47(l)		1,750,941
	4,046,719	American Home Mortgage Assets Trust, Series 2007-3, Class 22A1, STEP, 6.25%, 06/25/37		2,762,650
	534,503	American Home Mortgage Assets Trust, Series 2007-4, Class A2, 0.36%, 08/25/37(l)		518,468

Principal Amount			Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
$	2,289,469	American Home Mortgage Investment Trust, Series 2006-1, Class 2A3, 2.11%, 12/25/35(l)		1,579,938
	1,214	Banc of America Alternative Loan Trust, Series 2005-9, Class 2CB1, 6.00%, 10/25/35		1,170
	4,791,224	Banc of America Funding Corp, Series 2007-1, Class TA5, STEP, 6.09%, 01/25/37		3,835,514
	956,296	Banc of America Funding Corp., Series 2005-F, Class 6A1, 5.00%, 09/20/35(l)		928,697
	1,789,046	Banc of America Funding Corp., Series 2006-A, Class 3A2, 2.76%, 02/20/36(l)		1,441,965
	1,858,077	Banc of America Funding Corp., Series 2006-E, Class 2A1, 2.73%, 06/20/36(l)		1,535,498
	10,069,123	Banc of America Funding Corp., Series 2007-A, Class 2A1, 0.33%, 02/20/47(l)		8,640,546
	3,339,035	Banc of America Funding Trust, Series 2006-G, Class 2A1, 0.39%, 07/20/36(l)		3,102,945
	2,242,033	Banc of America Mortgage Securities, Inc., Series 2005-I, Class 2A5, 2.67%, 10/25/35(l)		2,006,505
	10,845,452	BCAP LLC Trust, Series 2007-AA2, Class 12A1, 0.38%, 05/25/47(l)		8,035,580
	5,951,841	BCAP LLC Trust, Series 2010-RR11, Class 4A1, 2.54%, 03/27/47(i)(l)		5,694,007
	3,149,311	BCAP LLC Trust, Series 2011-RR9, Class 7A1, 1.94%, 04/26/37(i)(l)		3,061,083
	6,250,000	BCAP LLC Trust, Series 2012-RR4, Class 8A4, 0.40%, 06/26/47(i)(l)		5,057,633
	4,646,960	Bear Stearns Adjustable Rate Mortgage Trust, Series 2005-12, Class 23A1, 2.59%, 02/25/36(l)		3,852,418
	1,442,573	Bear Stearns Adjustable Rate Mortgage Trust, Series 2005-6, Class 5A1, 5.04%, 08/25/35(l)		1,273,614
	8,190,362	Bear Stearns Adjustable Rate Mortgage Trust, Series 2006-1, Class A1, 2.36%, 02/25/36(l)		8,166,365
	1,416,051	Bear Stearns Adjustable Rate Mortgage Trust, Series 2007-3, Class 1A1, 2.96%, 05/25/47(l)		1,208,910
	7,986,099	Bear Stearns Adjustable Rate Mortgage Trust, Series 2007-4,Class 12A1, 5.46%, 05/25/37(l)		7,031,457
	4,538,535	Bear Stearns Alt-A Trust, Series 2005-9, Class 26A1, 4.79%, 11/25/35(l)		3,450,435

Principal Amount			Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
$	4,455,612	Bear Stearns Alt-A Trust, Series 2006-2, Class 11A1, 0.61%, 04/25/36(l)		3,289,850
	8,831,860	Bear Stearns Alt-A Trust, Series 2006-6, Class 1A1, 0.49%, 11/25/36(l)		6,585,247
	4,475,505	Bear Stearns Mortgage Funding Trust, Series 2006-SL3, Class A, 0.49%, 10/25/36(l)		8,267,161
	4,374,638	Bear Stearns Mortgage Funding Trust, Series 2006-SL4, Class A, 0.47%, 11/25/36(l)		8,160,035
	2,000,000	BHMS Mortgage Trust, Series 2014-MZ, Class M, 7.13%, 07/01/21(i)(l)		2,067,820
	781,517	Citigroup Mortgage Loan Trust, Inc., Series 2005-2, Class 1A1, 2.73%, 05/25/35(l)		768,746
	875,591	Citigroup Mortgage Loan Trust, Inc., Series 2006-AR3, Class 1A2A, 5.28%, 06/25/36(l)		799,046
	7,785,826	Citigroup Mortgage Loan Trust, Inc., Series 2007-9, Class 1A1, 5.75%, 04/25/47(i)		6,349,320
	1,072,884	Countrywide Alternative Loan Trust, Series 2004-36CB, Class 1A1, 6.00%, 02/25/35		1,015,672
	4,439,803	Countrywide Alternative Loan Trust, Series 2005-22T1, Class A5, 5.50%, 06/25/35		3,846,756
	2,669,778	Countrywide Alternative Loan Trust, Series 2005-31, Class 2A1, 0.47%, 08/25/35(l)		2,285,791
	5,358,749	Countrywide Alternative Loan Trust, Series 2005-36, Class 2A1A, 0.48%, 08/25/35(l)		4,154,408
	8,417,750	Countrywide Alternative Loan Trust, Series 2005-38, Class A3, 0.52%, 09/25/35(l)		7,326,389
	3,401,839	Countrywide Alternative Loan Trust, Series 2005-63, Class 5A1, 2.46%, 12/25/35(l)		2,847,418
	242,292	Countrywide Alternative Loan Trust, Series 2005-69, Class A1, 1.11%, 12/25/35(l)		217,681
	7,010,022	Countrywide Alternative Loan Trust, Series 2005-7CB, Class 2A8, 0.62%, 04/25/35(l)		5,362,905
	4,342,070	Countrywide Alternative Loan Trust, Series 2005-9CB, Class 1A3, 0.62%, 05/25/35(l)		3,626,262
	2,266,065	Countrywide Alternative Loan Trust, Series 2005-J14, Class A3, 5.50%, 12/25/35		2,011,643

Principal Amount			Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
$	6,538,300	Countrywide Alternative Loan Trust, Series 2006-12CB, Class A10, 0.52%, 05/25/36(l)		4,305,921
	3,871,596	Countrywide Alternative Loan Trust, Series 2006-15CB, Class A1, 6.50%, 06/25/36		3,114,111
	7,591,099	Countrywide Alternative Loan Trust, Series 2006-20CB, Class A9, 6.00%, 07/25/36		6,556,895
	3,785,507	Countrywide Alternative Loan Trust, Series 2006-22R, Class 2A1, 6.25%, 05/25/36		2,686,075
	2,928,250	Countrywide Alternative Loan Trust, Series 2006-24CB, Class A13, 0.52%, 06/25/36(l)		2,046,695
	2,928,250	Countrywide Alternative Loan Trust, Series 2006-24CB, Class A14, 6.98%, 06/25/36(l)		759,644
	3,018,615	Countrywide Alternative Loan Trust, Series 2006-24CB, Class A15, 5.75%, 06/25/36		2,774,476
	1,177,681	Countrywide Alternative Loan Trust, Series 2006-25CB, Class A2, 6.00%, 10/25/36		1,063,244
	3,076,460	Countrywide Alternative Loan Trust, Series 2006-2CB, Class A4, 0.57%, 03/25/36(l)		2,044,536
	8,641,528	Countrywide Alternative Loan Trust, Series 2006-2CB, Class A6, 5.50%, 03/25/36		7,331,775
	1,786,007	Countrywide Alternative Loan Trust, Series 2006-2CB, Class A8, 6.00%, 03/25/36		1,572,663
	3,220,278	Countrywide Alternative Loan Trust, Series 2006-41CB, Class 1A10, 6.00%, 01/25/37		2,719,982
	2,332,644	Countrywide Alternative Loan Trust, Series 2006-41CB, Class 1A4, 5.75%, 01/25/37		1,948,709
	37,868	Countrywide Alternative Loan Trust, Series 2006-43CB, Class 1A12, 5.75%, 02/25/37		32,970
	2,774,799	Countrywide Alternative Loan Trust, Series 2006-45T1, Class 2A2, 6.00%, 02/25/37		2,341,245
	6,344,799	Countrywide Alternative Loan Trust, Series 2006-45T1, Class 2A5, 6.00%, 02/25/37		5,353,443
	508,596	Countrywide Alternative Loan Trust, Series 2006-6CB, Class 1A10, 5.50%, 05/25/36		463,850
	1,442,935	Countrywide Alternative Loan Trust, Series 2006-6CB, Class 1A2, 0.57%, 05/25/36(l)		1,075,760

Principal Amount			Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
$	8,418,241	Countrywide Alternative Loan Trust, Series 2006-7CB, Class 2A1, 6.50%, 05/25/36		6,227,950
	6,312,830	Countrywide Alternative Loan Trust, Series 2006-J7, Class 2A1, 2.17%, 11/20/36(l)		4,490,929
	12,822,092	Countrywide Alternative Loan Trust, Series 2006-OA10, Class 2A1, 0.36%, 08/25/46(l)		9,691,681
	11,587,206	Countrywide Alternative Loan Trust, Series 2006-OA14, Class 1A1, 1.84%, 11/25/46(l)		9,885,949
	7,412,846	Countrywide Alternative Loan Trust, Series 2006-OA14, Class 2A1, 0.36%, 11/25/46(l)		5,914,398
	9,064,369	Countrywide Alternative Loan Trust, Series 2006-OA14, Class 3A1, 0.96%, 11/25/46(l)		6,764,140
	2,650,000	Countrywide Alternative Loan Trust, Series 2006-OA16, Class A1D, 0.45%, 10/25/46(l)		2,068,041
	6,973,324	Countrywide Alternative Loan Trust, Series 2006-OA18, Class A1, 0.29%, 12/25/46(l)		6,026,919
	2,603,317	Countrywide Alternative Loan Trust, Series 2006-OA19, Class A1, 0.35%, 02/20/47(l)		1,919,012
	9,361,481	Countrywide Alternative Loan Trust, Series 2006-OA21, Class A1, 0.36%, 03/20/47(l)		7,373,814
	3,989,220	Countrywide Alternative Loan Trust, Series 2006-OA22, Class A1, 0.33%, 02/25/47(l)		3,355,592
	3,330,768	Countrywide Alternative Loan Trust, Series 2006-OA3, Class 2A1, 0.38%, 05/25/36(l)		2,674,277
	12,369,600	Countrywide Alternative Loan Trust, Series 2006-OA6, Class 1A1A, 0.38%, 07/25/46(l)		9,086,671
	9,553,406	Countrywide Alternative Loan Trust, Series 2006-OA7, Class 1A1, 1.94%, 06/25/46(l)		8,278,447
	17,156,482	Countrywide Alternative Loan Trust, Series 2006-OA8, Class 1A1, 0.36%, 07/25/46(l)		13,845,298
	10,734,182	Countrywide Alternative Loan Trust, Series 2006-OC10, Class 2A2A, 0.35%, 11/25/36(l)		9,774,632
	7,055,966	Countrywide Alternative Loan Trust, Series 2006-OC8, Class 2A2A, 0.29%, 11/25/36(l)		6,477,412
	4,230,353	Countrywide Alternative Loan Trust, Series 2007-12T1, Class A22, 5.75%, 06/25/37		3,537,180

Principal Amount			Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
$	4,260,999	Countrywide Alternative Loan Trust, Series 2007-12T1, Class A5, 6.00%, 06/25/37		3,622,820
	2,202,852	Countrywide Alternative Loan Trust, Series 2007-19, Class 1A34, 6.00%, 08/25/37		1,850,156
	63,150	Countrywide Alternative Loan Trust, Series 2007-19, Class 1A4, 6.00%, 08/25/37		53,039
	7,628,701	Countrywide Alternative Loan Trust, Series 2007-22, Class 2A16, 6.50%, 09/25/37		6,149,397
	7,462,530	Countrywide Alternative Loan Trust, Series 2007-23CB, Class A1, 6.00%, 09/25/37		6,476,484
	7,941,049	Countrywide Alternative Loan Trust, Series 2007-25, Class 1A3, 6.50%, 11/25/37		6,990,537
	2,099,411	Countrywide Alternative Loan Trust, Series 2007-9T1, Class 1A8, 6.00%, 05/25/37		1,766,665
	7,286,093	Countrywide Alternative Loan Trust, Series 2007-HY5R, Class 2A1B, 2.52%, 03/25/47(l)		6,704,765
	5,378,578	Countrywide Alternative Loan Trust, Series 2007-J1, Class 3A4, STEP, 5.45%, 11/25/36		4,748,010
	7,552,866	Countrywide Alternative Loan Trust, Series 2007-OA2, Class 1A1, 0.95%, 03/25/47(l)		5,605,367
	5,951,673	Countrywide Alternative Loan Trust, Series 2007-OA2, Class 2A1, 0.30%, 03/25/47(l)		3,989,865
	3,401,984	Countrywide Alternative Loan Trust, Series 2008-1R, Class 2A3, 6.00%, 08/25/37		2,824,984
	5,121,435	Countrywide Home Loan Mortgage Pass-Through Trust, Series 2005-31, Class 2A3, 2.50%, 01/25/36(l)		4,612,999
	1,588,181	Countrywide Home Loan Mortgage Pass-Through Trust, Series 2005-J3, Class 2A4, 4.50%, 09/25/35		1,548,487
	30,796	Countrywide Home Loan Mortgage Pass-Through Trust, Series 2006-9, Class A2, 6.00%, 05/25/36		28,391
	4,630,561	Countrywide Home Loan Mortgage Pass-Through Trust, Series 2006-HYB1, Class 2A1, 2.38%, 03/20/36(l)		4,234,611
	41,801	Countrywide Home Loan Mortgage Pass-Through Trust, Series 2006-J2, Class 1A1, 6.00%, 04/25/36		41,266

Principal Amount			Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
$	14,067,619	Countrywide Home Loan Mortgage Pass-Through Trust, Series 2006-OA4, Class A1, 1.07%, 04/25/46(l)		7,907,029
	6,166,109	Countrywide Home Loan Mortgage Pass-Through Trust, Series 2006-OA5, Class 3A1, 0.37%, 04/25/46(l)		5,371,168
	2,494,255	Countrywide Home Loan Mortgage Pass-Through Trust, Series 2006-R2, Class AF1, 0.59%, 07/25/36(i)(l)		2,271,086
	5,252,297	Countrywide Home Loan Mortgage Pass-Through Trust, Series 2007-21, Class 1A1, 6.25%, 02/25/38		4,766,402
	5,672,586	Countrywide Home Loan Mortgage Pass-Through Trust, Series 2007-HY1, Class 1A1, 2.66%, 04/25/37(l)		5,068,115
	711,346	Credit Suisse Mortgage Capital Certificates, Series 2006-8, Class 1A1, 4.50%, 10/25/21		673,050
	4,704,951	Credit Suisse Mortgage Capital Certificates, Series 2006-9, Class 3A1, 6.00%, 11/25/36		4,739,514
	5,309	Credit Suisse Mortgage Capital Certificates, Series 2008-2R, Class 1A1, 6.00%, 07/25/37(i)		4,654
	965,193	Credit Suisse Mortgage Capital Certificates, Series 2010-20R, Class 9A1, 2.69%, 01/27/36(i)(l)		953,714
	2,621,264	Credit Suisse Mortgage Capital Certificates, Series 2011-2R, Class 2A1, 2.61%, 07/25/36(i)(l)		2,648,029
	3,025,742	Credit Suisse Mortgage Capital Certificates, Series 2011-4R, Class 5A1, 2.61%, 05/27/36(i)(l)		3,022,949
	1,345,156	Credit Suisse Mortgage Capital Certificates, Series 2011-4R, Class 6A1, 2.44%, 05/27/36(i)(l)		1,337,614
	2,898,580	Credit Suisse Mortgage Capital Certificates, Series 2011-5R, Class 2A1, 2.61%, 08/25/46(i)(l)		2,846,722
	3,483,805	Credit Suisse Mortgage Capital Certificates, Series 2011-6R, Class 6A1, 2.79%, 08/28/36(i)(l)		3,368,091
	8,600,908	Credit Suisse Mortgage Capital Certificates, Series 2013-7R, Class 6A1, 2.88%, 06/26/47(i)(l)		8,706,845
	4,663,335	Credit Suisse Mortgage Trust, Series 2014-2R, Class 17A3, 15.48%, 04/27/37(i)(l)		3,715,195
	3,931,838	Deutsche Alt-A Securities Mortgage Loan Trust, Series 2007-1, Class 1A3B, 0.31%, 08/25/37(l)		3,291,853

Principal Amount			Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
$	3,827,057	Deutsche Alt-A Securities Mortgage Loan Trust, Series 2007-OA2, Class A1, 0.88%, 04/25/47(l)		3,275,505
	6,000,000	Fannie Mae Connecticut Avenue Securities, Series 2014-C03, Class 1M2, 3.17%, 07/25/24(l)		5,377,848
	2,500,000	Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2014-HQ2, Class M3, 3.92%, 09/25/24(l)		2,328,250
	1,471,704	GMAC Mortgage Corp. Loan Trust, Series 2005-AR6, Class 2A1, 2.96%, 11/19/35(l)		1,373,872
	6,858,675	GreenPoint Mortgage Funding Trust, Series 2007-AR3, Class A1, 0.39%, 06/25/37(l)		5,788,550
	7,867,603	GSMPS Mortgage Loan Trust, Series 2005-RP1, Class 1AF, 0.52%, 01/25/35(i)(l)		6,592,288
	2,810,492	GSMPS Mortgage Loan Trust, Series 2006-RP1, Class 1AF1, 0.52%, 01/25/36(i)(l)		2,369,292
	1,390,617	GSR Mortgage Loan Trust, Series 2005-AR1, Class 2A1, 2.62%, 01/25/35(l)		1,398,495
	2,344,102	GSR Mortgage Loan Trust, Series 2005-AR3, Class 5A1, 2.67%, 05/25/35(l)		2,271,824
	741,591	GSR Mortgage Loan Trust, Series 2005-AR5, Class 2A4, 2.59%, 10/25/35(l)		735,967
	4,703,241	GSR Mortgage Loan Trust, Series 2005-AR6, Class 4A5, 2.69%, 09/25/35(l)		4,729,099
	789,437	GSR Mortgage Loan Trust, Series 2006-4F, Class 1A1, 5.00%, 05/25/36		765,170
	1,686,947	GSR Mortgage Loan Trust, Series 2006-9F, Class 9A1, 6.00%, 08/25/21		1,668,981
	2,533,396	GSR Mortgage Loan Trust, Series 2006-AR1, Class 3A1, 2.80%, 01/25/36(l)		2,297,435
	2,390,571	GSR Mortgage Loan Trust, Series 2007-4F, Class 3A1, 6.00%, 07/25/37		2,158,707
	6,377,366	Harborview Mortgage Loan Trust, Series 2006-6, Class 3A1A, 2.62%, 08/19/36(l)		5,121,841
	5,218,488	Homebanc Mortgage Trust, Series 2005-4, Class A1, 0.44%, 10/25/35(l)		4,630,923
	2,465,189	Homebanc Mortgage Trust, Series 2006-1, Class 2A1, 2.20%, 04/25/37(l)		1,835,565

Principal Amount			Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
$	3,083,654	Homebanc Mortgage Trust, Series 2006-1, Class A1, 0.35%, 12/25/36(l)		2,662,776
	1,899,382	Homebanc Mortgage Trust, Series 2007-1, Class 13A1, 5.77%, 04/25/47(l)		1,484,149
	69,282,716	IndyMac IMSC Mortgage Loan Trust, Series 2007-HOA1, Class AXPP, 3.80%, 07/25/47		6,235,444
	40,816	IndyMac INDA Mortgage Loan Trust, Series 2007-AR7, Class 1A1, 2.71%, 11/25/37(l)		38,829
	4,931,248	IndyMac INDX Mortgage Loan Trust, Series 2006-AR11, Class 4A1, 2.69%, 06/25/36(l)		3,595,526
	5,250,331	IndyMac INDX Mortgage Loan Trust, Series 2006-AR3, Class 3A1A, 2.55%, 04/25/36(l)		4,100,634
	6,439,352	IndyMac INDX Mortgage Loan Trust, Series 2006-AR33, Class 2A21, 2.92%, 01/25/37(l)		5,270,146
	13,542,323	IndyMac INDX Mortgage Loan Trust, Series 2006-FLX1, Class A1, 0.38%, 11/25/36(l)		11,827,770
	1,554,319	JPMorgan Alternative Loan Trust, Series 2007-A1, Class 1A1B, 0.23%, 03/25/37(l)		1,521,210
	6,239,854	JPMorgan Alternative Loan Trust, Series 2007-A1, Class 1A3A, 0.32%, 03/25/37(l)		5,778,011
	6,384,621	JPMorgan Mortgage Trust, Series 2007-A5, Class 2A1, 1.01%, 10/25/37(l)		5,044,036
	788,411	JPMorgan Mortgage Trust, Series 2007-S2, Class 2A3, 5.50%, 06/25/37		767,946
	9,528,938	Lehman XS Trust, Series 2006-12N, Class A31A, 0.37%, 08/25/46(l)		7,295,050
	6,479,494	Lehman XS Trust, Series 2007-20N, Class A1, 1.32%, 12/25/37(l)		4,620,047
	4,859,362	LSTAR Securities Investment Trust, Series 2014-1, 3.27%, 09/01/21(i)(l)		4,866,055
	4,666,000	LSTAR Securities Investment Trust, Series 2015-2, Class A, 2.17%, 01/01/20(i)(l)		4,595,867
	1,554,203	Mastr Adjustable Rate Mortgages Trust, Series 2005-6, Class 5A2, 2.28%, 07/25/35(l)		1,334,537
	4,579,216	Merrill Lynch Mortgage Investors Trust, Series 2006-A3, Class 3A1, 2.66%, 05/25/36(l)		3,713,222
	1,877,129	Merrill Lynch Mortgage Investors, Inc., Series 2006-AF2, Class AF1, 6.25%, 10/25/36		1,668,533

Principal Amount			Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
$	13,482,125	Morgan Stanley Re-REMIC Trust, Series 2010-R5, Class 7B, 0.40%, 05/26/37(i)(l)		8,663,022
	12,490,123	Nomura Asset Acceptance Corp. Alternative Loan Trust, Series 2006-AF1, Class 1A2, 6.16%, 05/25/36(l)		6,930,745
	7,101,277	Prime Mortgage Trust, Series 2006-DR1, Class 2A1, 5.50%, 05/25/35(i)		7,135,725
	3,071,937	Prime Mortgage Trust, Series 2006-DR1, Class 2A2, 6.00%, 05/25/35(i)		3,025,830
	2,134,026	Residential Accredit Loans, Inc., Series 2006-QS15, Class A1, 6.50%, 10/25/36		1,769,035
	1,774,125	Residential Accredit Loans, Inc., Series 2007-QS6, Class A1, 0.50%, 04/25/37(l)		1,135,089
	2,719,413	Residential Funding Mortgage Securities I, Series 2005-SA5, Class 2A, 3.00%, 11/25/35(l)		2,506,013
	387,426	Residential Funding Mortgage Securities I, Series 2006-S11, Class A2, 6.00%, 11/25/36		352,541
	8,423,031	Residential Funding Mortgage Securities I, Series 2006-SA2, Class 2A1, 3.52%, 08/25/36(l)		7,321,972
	4,795,175	Structured Adjustable Rate Mortgage Loan Trust, Series 2005-11, Class 1A1, 2.45%, 05/25/35(l)		4,195,534
	5,966,151	Structured Adjustable Rate Mortgage Loan Trust, Series 2005-17, Class 5A1, 5.15%, 08/25/35(l)		5,458,557
	4,706,272	Structured Adjustable Rate Mortgage Loan Trust, Series 2006-9, Class 1A1, 2.55%, 10/25/36(l)		3,498,939
	8,387,406	Structured Adjustable Rate Mortgage Loan Trust, Series 2006-9, Class 3A1, 4.63%, 10/25/36(l)		5,992,449
	1,006,943	Structured Asset Mortgage Investments II Trust, Series 2005-AR8, Class A1A, 0.45%, 02/25/36(l)		814,327
	8,029,412	Structured Asset Mortgage Investments II Trust, Series 2006-AR1, Class 3A1, 0.40%, 02/25/36(l)		6,482,955
	4,306,294	Structured Asset Mortgage Investments II Trust, Series 2007-AR4, Class GA4B, 0.35%, 09/25/47(l)		3,687,708
	5,501,157	Structured Asset Mortgage Investments, Inc., Series 2006-AR5, Class 4A1, 0.39%, 05/25/46(l)		3,075,526

Principal Amount			Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
$	7,033,751	Structured Asset Securities Corp, Series 2005-RF3, Class 1A, 0.52%, 06/25/35(i)(l)		5,683,651
	812,309	Suntrust Adjustable Rate Mortgage Loan Trust, Series 2007-1, Class 2A1, 2.57%, 02/25/37(l)		701,167
	3,424,631	Suntrust Adjustable Rate Mortgage Loan Trust, Series 2007-2, Class 3A3, 2.74%, 04/25/37(l)		2,884,361
	1,190,217	Suntrust Adjustable Rate Mortgage Loan Trust, Series 2007-2, Class 4A1, 2.82%, 04/25/37(l)		920,016
	6,132,426	Thornburg Mortgage Securities Trust, Series 2007-3, Class 4A1, 5.75%, 06/25/47(l)		5,980,519
	240,496	WaMu Mortgage Pass-Through Certificates Trust, Series 2005-AR16, Class 1A1, 2.34%, 12/25/35(l)		228,004
	9,079,621	WaMu Mortgage Pass-Through Certificates Trust, Series 2005-AR17, Class A1A1, 0.44%, 12/25/45(l)		8,386,056
	127,743	WaMu Mortgage Pass-Through Certificates Trust, Series 2006-AR10, Class 1A1, 2.23%, 09/25/36(l)		114,294
	4,092,648	WaMu Mortgage Pass-Through Certificates Trust, Series 2006-AR19, Class 1A, 0.85%, 01/25/47(l)		3,349,443
	9,587,951	WaMu Mortgage Pass-Through Certificates Trust, Series 2006-AR19, Class 2A, 1.92%, 01/25/47(l)		8,625,216
	6,533,347	WaMu Mortgage Pass-Through Certificates Trust, Series 2006-AR3, Class A1A, 1.11%, 02/25/46(l)		6,156,288
	2,696,546	WaMu Mortgage Pass-Through Certificates Trust, Series 2007-HY7, Class 2A2, 2.10%, 07/25/37(l)		2,283,384
	5,678,585	WaMu Mortgage Pass-Through Certificates Trust, Series 2007-OA4, Class 1A, 0.88%, 05/25/47(l)		4,839,160
	2,551,396	Washington Mutual Alternative Mortgage Pass-Through Certificates, Series 2005-10, Class 2A6, 5.50%, 11/25/35		2,301,099
	5,863,787	Washington Mutual Alternative Mortgage Pass-Through Certificates, Series 2006-5, Class 3A3, STEP, 6.22%, 07/25/36		3,280,314

Principal Amount			Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
$	2,724,082	Washington Mutual Mortgage Pass-Through Certificates, Series 2006-AR6, Class 2A, 1.07%, 08/25/46(l)		1,865,304
	763,917	Wells Fargo Mortgage Backed Securities Trust, Series 2006-AR10, Class 3A1, 2.61%, 07/25/36(l)		757,429
	1,420,149	Wells Fargo Mortgage Backed Securities Trust, Series 2006-AR8, Class 2A3, 2.60%, 04/25/36(l)		1,388,131
				703,637,951
COMMERCIAL MORTGAGE-BACKED SECURITIES — 1.0%
	3,000,000	Carefree Portfolio Trust, Series 2014-CARE, Class E, 4.17%, 11/15/19(i)(l)		2,994,840
	1,500,000	Carefree Portfolio Trust, Series 2014-CMZA, Class MZA, 6.14%, 11/15/19(i)(l)		1,502,768
	7,000,000	CDGJ Commercial Mortgage Trust, Series 2014-BXCH, Class EPA, 4.42%, 12/15/27(i)(l)		7,004,522
	1,000,000	Commercial Mortgage Pass-Through Certificates, Series 2013-LC6, Class D, 4.29%, 01/10/23(i)(l)		977,152
	3,000,000	Commercial Mortgage Trust, Series 2013-FL3, Class RGC2, 4.50%, 10/13/28(i)(l)		2,996,250
	2,000,000	Commercial Mortgage Trust, Series 2014-PAT, Class E, 3.32%, 08/15/27(i)(l)		1,996,720
	4,482,000	Commercial Mortgage Trust, Series 2014-PAT, Class F, 2.61%, 08/15/27(i)(l)		4,275,245
	3,000,000	GS Mortgage Securities Trust, Series 2014-GSFL, Class D, 4.07%, 07/15/31(i)(l)		2,986,302
	1,000,000	GS Mortgage Securities Trust, Series 2014-GSFL, Class E, 6.12%, 07/31/31(i)(l)		979,825
	4,000,000	JP Morgan Chase Commercial Mortgage Securities Trust, Series 2006-LDP8, Class D, 5.62%, 05/15/45(l)		4,039,936
	5,380,000	JPMorgan Chase Commercial Mortgage Securities Trust, Series 2007-CB20, Class AJ, 6.07%, 02/12/51(l)		5,715,529
	1,000,000	JPMorgan Chase Commercial Mortgage Securities Trust, Series 2007-CB20, Class B, 6.17%, 02/12/51(i)(l)		1,012,097

Principal Amount			Value
COMMERCIAL MORTGAGE-BACKED SECURITIES (continued)
$	3,000,000	JPMorgan Chase Commercial Mortgage Securities Trust, Series 2014-CBMZ, Class M, 6.39%, 10/15/19(i)(l)		2,986,199
	5,000,000	LB-UBS Commercial Mortgage Trust, Series 2006-C4, Class AJ, 5.86%, 06/15/38(l)		5,202,190
	4,000,000	Morgan Stanley Capital I Trust, Series 2006-HQ9, Class C, 5.84%, 07/12/44(l)		4,135,168
	3,333,300	Wachovia Bank Commercial Mortgage Trust, Series 2007-C33, Class AJ, 5.94%, 02/15/51(l)		3,511,372
	3,000,000	WF-RBS Commercial Mortgage Trust, Series 2014-LC14, Class D, 4.59%, 03/15/47(i)(l)		2,847,213
				55,163,328
Total Non-Agency Mortgage-Backed Securities (Cost $694,030,488)				758,801,279

U.S. GOVERNMENT AGENCIES — 43.4%
Federal Farm Credit Bank — 0.2% 10,000,000 0.06%, 02/09/15(o)				9,999,893
Federal Home Loan Bank — 43.2%
	144,600,000	0.06%, 02/02/15(o)		144,600,000
	45,000,000	0.06%, 02/03/15(o)		44,999,925
	299,900,000	0.07%, 02/04/15(o)		299,899,215
	625,000	0.06%, 02/04/15(o)		624,998
	135,300,000	0.06%, 02/05/15(o)		135,299,262
	46,650,000	0.05%, 02/06/15(o)		46,649,783
	850,000	0.05%, 02/06/15(o)		849,995
	111,900,000	0.07%, 02/09/15(o)		111,898,796
	1,425,000	0.04%, 02/09/15(o)		1,424,989
	475,000	0.05%, 02/09/15(o)		474,995
	2,400,000	0.05%, 02/10/15(o)		2,399,987
	300,000	0.05%, 02/10/15(o)		299,997
	212,200,000	0.05%, 02/11/15(o)		212,197,208
	5,000,000	0.05%, 02/11/15(o)		4,999,938
	251,425,000	0.06%, 02/13/15(o)		251,420,542
	3,000,000	0.07%, 02/13/15(o)		2,999,940
	275,000	0.06%, 02/13/15(o)		274,995
	12,475,000	0.06%, 02/17/15(o)		12,474,691
	1,275,000	0.06%, 02/17/15(o)		1,274,971
	243,975,000	0.03%, 02/18/15(o)		243,968,045
	5,000,000	0.05%, 02/18/15(o)		4,999,889
	2,175,000	0.03%, 02/18/15(o)		2,174,971
	287,000,000	0.05%, 02/20/15(o)		286,993,887
	93,000,000	0.04%, 02/27/15(o)		92,997,417
	220,000,000	0.05%, 03/03/15(o)		219,991,461

Principal Amount					Value
Federal Home Loan Bank (continued)
$	18,000,000		0.06%, 03/03/15(o)		17,999,203
	85,000,000		0.05%, 03/04/15(o)		84,996,813
	3,865,000		0.09%, 03/06/15(o)		3,864,597
	95,000,000		0.11%, 03/16/15(o)		94,992,923
	2,950,000		0.13%, 03/18/15(o)		2,949,531
	24,965,000		0.04%, 03/19/15(o)		24,963,752
	3,970,000		0.04%, 03/19/15(o)		3,969,802
	5,300,000		0.05%, 03/20/15(o)		5,299,661
	22,500,000		0.03%, 03/23/15(o)		22,499,081
	19,000,000		0.08%, 03/27/15(o)		18,998,036
	63,035,000		0.05%, 04/01/15(o)		63,030,714
	10,030,000		0.05%, 04/01/15(o)		10,029,318
	4,355,000		0.09%, 04/24/15(o)		4,354,586
					2,484,137,914
Total U.S. Government Agencies (Cost $2,494,136,147)					2,494,137,807

Shares
CASH SWEEP — 2.7%
UNITED STATES — 2.7%
	153,342,241		Citibank - US Dollars on Deposit in Custody Account, 0.02%(p)		153,342,241
Total Cash Sweep (Cost $153,342,241)					153,342,241
TOTAL INVESTMENTS — 101.4% (Cost $5,766,784,060)(a)					5,825,481,017

LIABILITIES IN EXCESS OF OTHER ASSETS — (1.4)%					(81,459,572	)
NET ASSETS — 100.0%				$	5,744,021,445

Contracts					Value
CALL OPTIONS WRITTEN — 0.0%
	(1,500	)	Citigroup, Inc., Strike $52.50, Expires 05/15/15		(109,500	)
	(33	)	Inteliquent, Inc., Strike $10.00, Expires 03/20/15		(24,420	)
	(2,500	)	iShares MSCI Germany ETF, Strike $32.00, Expires 01/15/16		(175,000	)
	(1,000	)	Kellogg Co., Strike $62.50, Expires 03/20/15		(410,000	)
	(1,000	)	Medtronic Plc, Strike $80.00, Expires 08/21/15		(162,000	)
	(500	)	Medtronic Plc, Strike $82.50, Expires 08/21/15		(57,000	)
	(1,250	)	Valero Energy Corp., Strike $47.50, Expires 03/20/15		(762,500	)
	(1,250	)	Vanguard FTSE Europe ETF, Strike $60.00, Expires 03/20/15		(12,500	)


Contracts				Value
	(600	)	Walgreen Co., Strike $57.50, Expires 01/15/16	$	(1,059,000	)
Total Call Options Written (Premiums received $(2,365,644))					(2,771,920	)

PUT OPTIONS WRITTEN — 0.0%
	(75	)	S&P 500 Index, Strike $1,950.00, Expires 04/17/15		(398,250	)
Total Put Options Written (Premiums received $(337,422))					(398,250	)

Contracts/
Notional
Amount ($)					Value
STRUCTURED OPTIONS — 1.5%
	153,280		ConocoPhillips, One purchased call strike 66.54, One written call strike 75.03, One written put strike 65.24 with a barrier level strike of 42.41, Expires 02/19/16, Broker Bank of America N.A.		(623,686	)
$	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.		733,934
	3,295		DAXK Index, One purchased call strike 4,553.00, One written call strike 5,190.42, One written put strike 4,553.00 with a barrier level strike of 3,505.81, Expires 12/18/15, Broker Goldman Sachs International		1,137,179
$	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 N.A.(q)		5,556,892
	1,607		DAXK Index, One purchased call strike 4,666.16, One written put strike 4,666.16 with a barrier level strike of 4,003.565, Expires 09/18/15, Broker JPMorgan Chase Bank N.A.		1,225,282

Contracts/ Notional Amount ($)			Value
	2,113	DAXK Index, One purchased call strike 4,731.94, One written call strike 5,347.0922, One written put strike 4,731.94 with a barrier level strike of 3,596.27, Expires 12/18/15, Broker JPMorgan Chase Bank N.A.	$	600,385
	2,107	DAXK Index, One purchased call strike 4,746.018, One written put strike 4,746.018 with a barrier level strike of 4,098.187, Expires 10/16/15, Broker JPMorgan Chase Bank N.A.		1,453,275
	4,986	DAXK Index, One purchased call strike 4,753.3908, One written call strike 4,991.0603, One written put strike 4,753.3908 with a barrier level strike of 4,373.12 (1,578 contracts), Expires 09/18/15, Broker JPMorgan Chase Bank N.A.(r)		705,520
	3,182	DAXK Index, One purchased call strike 4,879.00, One written call strike 5,318.11, One written put strike 4,879.00 with a barrier level strike of 4,439.89 (1,537 contracts), Expires 04/17/15, Broker Credit Suisse International(r)		1,049,707
	4,347	DAXK Index, One purchased call strike 4,882.4585, One written call strike 5,273.0552, One written put strike 4,882.4585 with a barrier level strike of 4,394.213 (1,536 contracts), Expires 05/15/15, Broker JPMorgan Chase Bank N.A.(r)		1,175,289
	7,378	DAXK Index, One purchased call strike 4,947.294, One written call strike 5,145.1858, One written put strike 4,947.294 with a barrier level strike of 4,551.5105 (2,021 contracts), Expires 08/21/15, Broker Citibank N.A.(r)		752,311
	4,014	DAXK Index, One purchased call strike 4,982.70, One written call strike 5,630.451, One written put strike 4,982.70 with a barrier level strike of 3,737.025, Expires 05/15/15, Broker Goldman Sachs International		1,432,827

Contracts/ Notional Amount ($)			Value
	10,000	DAXK Index, One purchased call strike 5,296.20, One written put strike 5,296.20 with a barrier level strike of 4,594.45, Expires 05/15/15, Broker BNP Paribas SA	$	377,369
	2,284	DAXK Index, One purchased call strike 5,527.0937, One purchased put strike 5,417.6463, One written put strike 5,472.37 with a barrier level strike of 4,695.29 (4,568 contracts), Expires 06/19/15, Broker JPMorgan Chase Bank N.A.(r)		(79,524	)
	1,821	DAXK Index, One purchased call strike 5,544.90, One purchased put strike 5,435.10, One written put strike 5,490.00 with a barrier level strike of 4,661.01 (3,643 contracts), Expires 08/21/15, Broker JPMorgan Chase Bank N.A.(r)		(106,942	)
	2,251	DAXK Index, One purchased call strike 5,607.9745, One purchased put strike 5,496.9255, One written put strike 5,552.45 with a barrier level strike of 4,705.7014 (4,503 contracts), Expires 07/17/15, Broker Goldman Sachs International(r)		(216,339	)
	2,770	DAXK Index, One purchased call strike 6,552.855, One written call strike 7,077.0834, One written put strike 6,552.855 with a barrier level strike of 5,897.57 (1,145 contracts), Expires 04/17/15, Broker JPMorgan Chase Bank N.A.(r)		(145,903	)
$	5,000,000	EUR/MXN foreign exchange rate, One purchased call strike 17.75, One written put strike 20.10, Expires 02/23/16, Broker Bank of America N.A.		323,747
$	24,300,000	EUR/USD foreign exchange rate, One purchased call strike 1.12, One written call strike 1.05, One written put strike 1.12 with a barrier level strike of 1.17 ($10,000,000 notional amount), Expires 02/24/16, Broker Bank of America N.A.(q)		(70,463	)

Contracts/ Notional Amount ($)			Value
$	27,050,000	EUR/USD foreign exchange rate, One purchased call strike 1.15, One written call strike 1.08, One written put strike 1.15 with a barrier level strike of 1.20 ($10,000,000 notional amount), Expires 02/16/16, Broker Goldman Sachs International(q)	$	254,198
$	21,800,000	EUR/USD foreign exchange rate, One purchased call strike 1.225, One written call strike 1.15, One written put strike 1.225 with a barrier level strike of 1.27 ($10,000,000 notional amount), Expires 01/18/16, Broker Bank of America N.A.(q)		704,670
$	42,600,000	EUR/USD foreign exchange rate, One purchased call strike 1.25, One written call strike 1.17, One written put strike 1.25 with a barrier level strike of 1.29 ($25,000,000 notional amount), Expires 10/05/15, Broker Bank of America N.A.(q)		1,880,961
$	49,750,000	EUR/USD foreign exchange rate, One purchased call strike 1.27, One written call strike 1.19, One written put strike 1.269 with a barrier level strike of 1.31 ($30,000,000 notional amount), Expires 09/28/15, Broker Bank of America N.A.(q)		2,370,388
$	29,600,000	EUR/USD foreign exchange rate, One purchased call strike 1.27, One written call strike 1.20, One written put strike 1.27 with a barrier level strike of 1.31 ($20,000,000 notional amount), Expires 10/05/15, Broker Bank of America N.A.(q)		1,228,366
$	26,475,000	EUR/USD foreign exchange rate, One purchased put strike 1.24, One written put strike 1.16, One written call strike 1.24 with a barrier level strike of 1.29 ($15,000,000 notional amount), Expires 12/07/15, Broker JPMorgan Chase Bank N.A.(q)		1,006,333

Contracts/ Notional Amount ($)			Value
$	42,500,000	EUR/USD foreign exchange rate, One purchased put strike 1.25, One written put strike 1.17, One written call strike 1.25 with a barrier level strike of 1.28 ($25,000,000 notional amount), Expires 11/02/15, Broker JPMorgan Chase Bank N.A.(q)	$	1,767,564
$	16,600,000	EUR/USD foreign exchange rate, One purchased put strike 1.255, One written put strike 1.17, One written call strike 1.255 with a barrier level strike of 1.29 ($10,000,000 notional amount), Expires 12/15/15, Broker JPMorgan Chase Bank N.A.(q)		709,933
$	43,100,000	EUR/USD foreign exchange rate, One purchased put strike 1.26, One written put strike 1.20, One written call strike 1.26 with a barrier level strike of 1.30 ($20,000,000 notional amount), Expires 10/01/15, Broker JPMorgan Chase Bank N.A.(q)		1,515,224
$	25,100,000	EUR/USD foreign exchange rate, One purchased put strike 1.27, One written put strike 1.20, One written call strike 1.27 with a barrier level strike of 1.31 ($15,000,000 notional amount), Expires 11/09/15, Broker JPMorgan Chase Bank N.A.(q)		999,636
$	16,900,000	EUR/USD foreign exchange rate, One purchased put strike 1.28, One written put strike 1.21, One written call strike 1.28 with a barrier level strike of 1.33 ($10,000,000 notional amount), Expires 11/16/15, Broker Goldman Sachs International(q)		696,683
$	61,750,000	EUR/USD foreign exchange rate, One purchased put strike 1.355, One written put strike 1.28, One written call strike 1.355 with a barrier level strike of 1.39 ($35,000,000 notional amount), Expires 06/15/15, Broker JPMorgan Chase Bank N.A.(q)		2,981,303

Contracts/ Notional Amount ($)			Value
$	23,700,000	EUR/USD foreign exchange rate, One purchased put strike 1.365, One written put strike 1.29, One written call strike 1.365 with a barrier level strike of 1.40 ($15,000,000 notional amount), Expires 06/15/15, Broker JPMorgan Chase Bank N.A.(q)	$	1,131,223
$	16,500,000	EUR/USD foreign exchange rate, One purchased put strike 1.38, One written put strike 1.30, One written call strike 1.38 with a barrier level strike of 1.44 ($10,000,000 notional amount), Expires 05/15/15, Broker JPMorgan Chase Bank N.A.(q)		831,050
$	39,300,000	EUR/USD foreign exchange rate, One purchased put strike 1.39, One written put strike 1.29, One written call strike 1.395 with a barrier level strike of 1.445 ($30,000,000 notional amount), Expires 05/15/15, Broker JPMorgan Chase Bank N.A.(q)		2,473,985
$	42,250,000	EUR/USD foreign exchange rate, One purchased put strike 1.39, One written put strike 1.30, One written call strike 1.39 with a barrier level strike of 1.44 ($30,000,000 notional amount), Expires 04/17/15, Broker Goldman Sachs International(q)		2,374,786
$	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 Citibank N.A.		3,032,557
	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 N.A.		2,969,191

Contracts/ Notional Amount ($)			Value
	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 N.A.	$	2,786,882
	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 N.A.		3,884,452
	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 International		3,349,182
$	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 N.A.		2,459,084
$	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 N.A.(q)		1,572,964
	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 International		3,922,308
	3,326	Euro STOXX 50 Index, One purchased call strike 2,976.76, One written put strike 3,006.83 with a barrier level strike of 2,540.77 (100,006 contracts), Expires 09/18/15, Broker BNP Paribas SA(r)		1,114,661

Contracts/ Notional Amount ($)			Value
	13,414	Euro STOXX 50 Index, One purchased call strike 3,041.57, One written call strike 3,224.0642, One written put strike 3,041.57 with a barrier level strike of 2,767.83 (3,945 contracts), Expires 01/15/16, Broker JPMorgan Chase Bank N.A.(r)	$	933,009
	3,285	Euro STOXX 50 Index, One purchased call strike 3,044.06, One written call strike 3,226.70, One written put strike 3,044.06 with a barrier level strike of 2,770.09, Expires 09/18/15, Broker BNP Paribas SA		816,638
	7,703	Euro STOXX 50 Index, One purchased call strike 3,115.70, One written call strike 3,364.956, One written put strike 3,115.70 with a barrier level strike of 2,804.13 (3,210 contracts), Expires 02/20/15, Broker JPMorgan Chase Bank N.A.(r)		1,441,766
	7,236	Euro STOXX 50 Index, One purchased call strike 3,171.437, One written call strike 3,361.7232, One written put strike 3,171.437 with a barrier level strike of 2,917.722 (2,365 contracts), Expires 09/18/15, Broker JPMorgan Chase Bank N.A.(r)		422,586
	12,142	Euro STOXX 50 Index, One purchased call strike 3,197.60, One written call strike 3,421.432, One written put strike 3,197.60 with a barrier level strike of 2,941.792 (4,691 contracts), Expires 08/21/15, Broker JPMorgan Chase Bank N.A.(r)		754,153
	3,125	Euro STOXX 50 Index, One purchased call strike 3,200.00, One written call strike 3,616.00, One written put strike 3,200.00 with a barrier level strike of 2,400.00, Expires 01/15/16, Broker BNP Paribas SA		85,239

Contracts/ Notional Amount ($)			Value
	11,174	Euro STOXX 50 Index, One purchased call strike 3,248.70, One written call strike 3,443.62, One written put strike 3,248.70 with a barrier level strike of 2,956.32 (3,694 contracts), Expires 12/18/15, Broker Credit Suisse International(r)	$	298,140
	7,266	Euro STOXX 50 Index, One purchased call strike 3,275.6719, One written call strike 3,537.7257, One written put strike 3,275.6719 with a barrier level strike of 3,013.618 (3,053 contracts), Expires 07/17/15, Broker JPMorgan Chase Bank N.A.(r)		353,044
	3,830	Euro STOXX 50 Index, One purchased call strike 3,296.2562, One purchased put strike 3,230.9838, One written put strike 3,263.62 with a barrier level strike of 2,814.8723 (7,660 contracts), Expires 03/15/15, Broker Goldman Sachs International(r)		284,366
	3,696	Euro STOXX 50 Index, One purchased call strike 3,415.82, One written put strike 3,348.18, One written put strike 3,382.00 with a barrier level strike of 2,874.70, Expires 06/19/15, Broker BNP Paribas SA		(142,044	)
	6,381	Euro STOXX 50 Index, One purchased put strike 3,102.7962, One written put strike 2,946.0893, One written call strike 3,134.1376 with a barrier level strike of 3,478.8927, Expires 03/20/15, Broker Goldman Sachs International		(992,188	)
	7,969	Euro STOXX 50 Index, One purchased put strike 3,105.6443, One written put strike 2,948.7936, One written call strike 3,137.0144 with a barrier level strike of 3,380.133, Expires 02/20/15, Broker Goldman Sachs International		(1,325,315	)

Contracts/ Notional Amount ($)			Value
	3,691	Euro STOXX 50 Index, One purchased put strike 3,251.40, One written call strike 3,251.40 with a barrier level strike of 2,771.82, Expires 12/18/15, Broker JPMorgan Chase Bank N.A.	$	345,465
	72,993	Euro STOXX Banks Index, One purchased call strike 137.00, One written call strike 150.70, One written put strike 137.00 with a barrier level strike of 114.395, Expires 04/17/15, Broker Bank of America N.A.		(470,366	)
	54,677	Euro STOXX Banks Index, One purchased call strike 137.17, One written call strike 150.887, One written put strike 137.17 with a barrier level strike of 116.59, Expires 05/15/15, Broker JPMorgan Chase Bank N.A.		(527,764	)
	166,655	Euro STOXX Banks Index, One purchased call strike 139.21, One written call strike 146.17, One written put strike 139.21 with a barrier level strike of 126.68 (35,917 contracts), Expires 09/18/15, Broker Citibank N.A.(r)		(238,493	)
	113,137	Euro STOXX Banks Index, One purchased call strike 141.117, One written call strike 159.462, One written put strike 141.117 with a barrier level strike of 104.427, Expires 11/20/15, Broker Bank of America N.A.		(1,833,564	)
	323,014	Euro STOXX Banks Index, One purchased call strike 141.48, One written call strike 145.017, One written put strike 141.48 with a barrier level strike of 131.576 (35,341 contracts), Expires 08/21/15, Broker JPMorgan Chase Bank N.A.(r)		(339,104	)
	83,205	Euro STOXX Banks Index, One purchased call strike 142.40, One written call strike 162.336, One written put strike 142.40 with a barrier level strike of 105.376, Expires 11/20/15, Broker Bank of America N.A.		(1,450,461	)

Contracts/ Notional Amount ($)			Value
	350,386	Euro STOXX Banks Index, One purchased call strike 143.4131, One written call strike 147.7155, One written put strike 143.4131 with a barrier level strike of 129.0718 (52,296 contracts), Expires 07/17/15, Broker Goldman Sachs International(r)	$	(564,496	)
	83,131	Euro STOXX Banks Index, One purchased call strike 144.35, One written put strike 144.35 with a barrier level strike of 118.73, Expires 07/17/15, Broker JPMorgan Chase Bank N.A.		(1,258,664	)
	370,271	Euro STOXX Banks Index, One purchased call strike 146.3791, One written call strike 150.7705, One written put strike 146.3791 with a barrier level strike of 133.205 (51,237 contracts), Expires 08/21/15, Broker Goldman Sachs International(r)		(747,304	)
	34,025	Euro STOXX Banks Index, One purchased call strike 146.95, One written call strike 158.71, One written put strike 146.95 with a barrier level strike of 133.72, Expires 04/17/15, Broker BNP Paribas SA		(478,063	)
	428,179	Euro STOXX Banks Index, One purchased call strike 148.3023, One written call strike 152.0099, One written put strike 148.3023 with a barrier level strike of 133.4721 (50,572 contracts), Expires 08/21/15, Broker Goldman Sachs International(r)		(842,300	)
	214,286	Euro STOXX Banks Index, One purchased call strike 149.45, One written call strike 156.92, One written put strike 149.45 with a barrier level strike of 134.51 (50,184 contracts), Expires 07/17/15, Broker Credit Suisse International(r)		(913,402	)
	130,109	Euro STOXX Banks Index, One purchased call strike 153.91, One written call strike 167.76, One written put strike 153.91 with a barrier level strike of 138.52 (48,730 contracts), Expires 07/17/15, Broker Credit Suisse International(r)		(1,139,338	)

Contracts/ Notional Amount ($)			Value
	173,114	Euro STOXX Banks Index, One purchased call strike 155.10, One written call strike 165.96, One written put strike 155.10 with a barrier level strike of 139.59 (48,356 contracts), Expires 04/17/15, Broker Credit Suisse International(r)	$	(1,099,778	)
	87,992	Euro STOXX Banks Index, One purchased call strike 157.40, One written call strike 171.566, One written put strike 157.40 with a barrier level strike of 143.234 (31,766 contracts), Expires 08/15/15, Broker Citibank N.A.(r)		(820,041	)
	157,737	Euro STOXX Banks Index, One purchased call strike EUR 159.76, One written call strike EUR 175.74, One written put strike EUR 159.76 with a barrier level strike of EUR 146.98 (62,594 contracts), Expires 07/17/15, Broker Credit Suisse International(r)		(1,904,581	)
	121,242	Euro STOXX Banks Index, One purchased put strike 122.4828, One written put strike 115.0596, One written call strike 123.72 with a barrier level strike of 151.557, Expires 03/20/15, Broker Goldman Sachs International		(339,047	)
	117,878	Euro STOXX Banks Index, One purchased put strike 125.9775, One written put strike 118.3425, One written call strike 127.25 with a barrier level strike of 155.245, Expires 03/20/15, Broker JPMorgan Chase Bank N.A.		1,626
	156,495	Euro STOXX Banks Index, One purchased put strike 126.522, One written put strike 118.854, One written call strike 127.80 with a barrier level strike of 157.833, Expires 03/20/15, Broker JPMorgan Chase Bank N.A.		111,886
	111,483	Euro STOXX Banks Index, One purchased put strike 133.2045, One written put strike 125.1315, One written call strike 134.55 with a barrier level strike of 157.154, Expires 02/20/15, Broker JPMorgan Chase Bank N.A.		401,516

Contracts/ Notional Amount ($)			Value
	73,584	Euro STOXX Banks Index, One purchased put strike 134.541, One written put strike 126.387, One written call strike 135.90 with a barrier level strike of 165.458, Expires 03/20/15, Broker JPMorgan Chase Bank N.A.	$	255,308
	114,247	Exxon Mobil Corp, One purchased call strike 90.16, One written call strike 96.28, One written put strike 87.53 with a barrier level strike of 59.52, Expires 03/18/16, Broker Bank of America N.A.		(532,415	)
	162,780	Exxon Mobil Corp, One purchased call strike 93.992, One written call strike 101.3639, One written put strike 92.149 with a barrier level strike of 64.5043, Expires 02/19/16, Broker Goldman Sachs International		(1,120,073	)
	2,860	FTSE 100 Index, One purchased call strike 6,609.07, One written call strike 7,005.61, One written put strike 6,609.07 with a barrier level strike of 6,014.25 (1,135 contracts), Expires 04/17/15, Broker Credit Suisse International(r)		422,069
	2,402	FTSE 100 Index, One purchased call strike 6,776.15, One written call strike 7,250.4805, One written put strike 6,776.15 with a barrier level strike of 6,098.535 (1,107 contracts), Expires 03/20/15, Broker JPMorgan Chase Bank N.A.(r)		133,391
	2,869	FTSE 100 Index, One purchased call strike 6,797.00, One written call strike 7,408.73, One written put strike 6,797.00 with a barrier level strike of 6,253.24 (1,471 contracts), Expires 02/20/15, Broker Citibank N.A.(r)		119,839
	1,044	FTSE MIB Borsa Italiana Index, One purchased call strike 19,159.00, One written call strike 20,116.95, One written put strike 19,159.00 with a barrier level strike of 17,434.69 (261 contracts), Expires 08/21/15, Broker Barclays Plc(r)		343,808

Contracts/ Notional Amount ($)			Value
	1,487	FTSE MIB Borsa Italiana Index, One purchased call strike 20,534.67, One written call strike 21,561.4035, One written put strike 20,534.67 with a barrier level strike of 18,891.8964 (365 contracts), Expires 09/18/15, Broker Goldman Sachs International(r)	$	108,603
	1,672	FTSE MIB Borsa Italiana Index, One purchased call strike 20,942.77, One written call strike 21,780.48, One written put strike 20,942.77 with a barrier level strike of 19,267.35 (358 contracts), Expires 08/21/15, Broker Barclays Plc(r)		(61,473	)
	828	FTSE MIB Index, One purchased put strike 17,942.2155, One written put strike 16,854.8085, One written call strike 18,123.45 with a barrier level strike of 21,603.152, Expires 03/20/15, Broker JPMorgan Chase Bank N.A.		(1,532,399	)
$	13,900,000	GBP/USD foreign exchange rate, One purchased put strike 1.60, One written put strike 1.50, One written call strike 1.60 with a barrier level strike of 1.66 ($10,000,000 notional amount), Expires 10/23/15, Broker JPMorgan Chase Bank N.A.(q)		408,917
	1,898	IBEX 35 Index, One purchased call strike 10,154.11, One written call strike 11,169.521, One written put strike 10,154.11 with a barrier level strike of 9,341.7812 (739 contracts), Expires 05/15/15, Broker Goldman Sachs Group, Inc.(r)		559,662
	2,212	IBEX 35 Index, One purchased call strike 10,169.84, One written call strike 10,881.7, One written put strike 10,169.84 with a barrier level strike of 9,152.86 (737 contracts), Expires 02/20/15, Broker Citibank N.A.(r)		793,329

Contracts/ Notional Amount ($)			Value
	2,291	IBEX 35 Index, One purchased call strike 10,214.73, One written call strike 11,236.203, One written put strike 10,214.73 with a barrier level strike of 9,193.257 (979 contracts), Expires 03/20/15, Broker JPMorgan Chase Bank N.A.(r)	$	783,301
	1,305	IBEX 35 Index, One purchased call strike 10,345.30, One written call strike 11,276.38, One written put strike 10,345.30 with a barrier level strike of 9,310.77 (483 contracts), Expires 05/15/15, Broker Credit Suisse International(r)		275,460
	1,586	IBEX 35 Index, One purchased call strike 10,464.00, One written call strike 11,196.48, One written put strike 10,464.00 with a barrier level strike of 9,417.60 (478 contracts), Expires 05/15/15, Broker Credit Suisse International(r)		227,834
	474	IBEX 35 Index, One purchased call strike 10,542.37, One written call strike 10,805.9293, One written put strike 10,542.37 with a barrier level strike of 9,698.9804, Expires 08/21/15, Broker BNP Paribas SA		67,391
	2,036	IBEX 35 Index, One purchased call strike 10,607.50, One written call strike 11,350.03, One written put strike 10,607.50 with a barrier level strike of 9,546.75 (707 contracts), Expires 04/17/15, Broker Citigbank N.A.(r)		273,810
	936	IBEX 35 Index, One purchased call strike 10,792.86, One purchased put strike 10,579.14, One written put strike 10,686.00 with a barrier level strike of 9,350.25 (1,872 contracts), Expires 07/17/15, Broker Credit Suisse International(r)		(285,581	)

Contracts/ Notional Amount ($)			Value
	2,170	IBEX 35 Index, One purchased call strike 11,061.80, One written call strike 12,057.36, One written put strike 11,061.80 with a barrier level strike of 10,176.86 (904 contracts), Expires 06/19/15, Broker Credit Suisse International(r)	$	(364,174	)
	2,555	IBEX 35 Index, One purchased call strike 11,194.81, One written call strike 12,090.3948, One written put strike 11,194.81 with a barrier level strike of 10,299.225 (893 contracts), Expires 07/17/15, Broker JPMorgan Chase Bank N.A.(r)		(496,015	)
	1,457	IBEX 35 Index, One purchased put strike 10,192.5648, One written put strike 9,574.8336, One written call strike 10,295.52 with a barrier level strike of 11,283.89, Expires 02/20/15, Broker JPMorgan Chase Bank N.A.		33,996
	1,516	IBEX 35 Index, One purchased put strike 9,792.486, One written put strike 9,199.002, One written call strike 9,891.40 with a barrier level strike of 11,261.359, Expires 03/20/15, Broker JPMorgan Chase Bank N.A.		(526,975	)
	1,763	IBEX 35 Index, One purchased put strike 9,825.9777, One written put strike 9,230.4639, One written call strike 9,925.23 with a barrier level strike of 11,314.7622, Expires 03/20/15, Broker Goldman Sachs International		(613,941	)
	151,791	iShares FTSE/Xinhua China 25 Index ETF, One purchased call strike 32.94, One written call strike 37.5516, One written put strike 32.94 with a barrier level strike of 23.387, Expires 03/20/15, Broker JPMorgan Chase Bank N.A.		654,427
	143,308	iShares FTSE/Xinhua China 25 Index ETF, One purchased call strike 34.89, One written call strike 39.08, One written put strike 34.89 with a barrier level strike of 25.47, Expires 02/20/15, Broker UBS AG		1,173,109

Contracts/ Notional Amount ($)			Value
$	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.	$	518,656
	470,478	iShares MSCI EAFE Index Fund, One purchased call strike 63.765, One written put strike 64.4027 with a barrier level strike of 59.3015, Expires 04/17/15, Broker Goldman Sachs International		(878,036	)
	398,481	iShares MSCI EAFE Index Fund, One purchased call strike 64.8714, One written call strike 68.7637, One written put strike 64.8714 with a barrier level strike of 58.3843 (154,151 contracts), Expires 02/20/15, Broker Citibank N.A.(r)		(145,838	)
	327,627	iShares MSCI EAFE Index Fund, One purchased call strike 67.76, One written call strike 72.5032, One written put strike 67.76 with a barrier level strike of 60.984 (147,580 contracts), Expires 03/20/15, Broker JPMorgan Chase Bank N.A.(r)		(566,698	)
	273,748	iShares MSCI Emerging Markets Index Fund, One purchased call strike 38.7217, One written call strike 42.5939, One written put strike 38.7217 with a barrier level strike of 35.2367 (129,127 contracts), Expires 02/20/15, Broker Goldman Sachs International(r)		221,185
	399,013	iShares MSCI EMU ETF Index Fund, One purchased call strike 41.352, One written call strike 44.6602, One written put strike 41.352 with a barrier level strike of 37.6303 (181,370 contracts), Expires 04/17/15, Broker Goldman Sachs International(r)		(726,120	)

Contracts/
Notional
Amount ($)			Value
	572,867	iShares MSCI EMU ETF Index Fund, One purchased call strike 41.72, One written call strike 44.64, One written put strike 41.72 with a barrier level strike of 37.55 (239,693 contracts), Expires 02/20/15, Broker Credit Suisse International(r)	$	(765,480	)
	262,030	iShares MSCI EMU ETF Index Fund, One purchased call strike 41.98, One written call strike 44.92, One written put strike 41.98 with a barrier level strike of 37.78 (119,104 contracts), Expires 03/20/15, Broker Credit Suisse International(r)		(442,704	)
	352,776	iShares MSCI Mexico Index Fund, One purchased call strike 70.1578, One written call strike 74.3673, One written put strike 70.1578 with a barrier level strike of 63.8436 (142,536 contracts), Expires 08/21/15, Broker Citibank N.A.(r)		(1,925,845	)
	724,597	iShares MSCI South Korea Index Fund, One purchased call strike 55.6861, One written call strike 59.0273, One written put strike 55.6861 with a barrier level strike of 50.6744 (269,367 contracts), Expires 01/15/16, Broker Citibank N.A.(r)		(70,412	)
$	14,700,000	iShares MSCI South Korea Index Fund, One purchased call strike 57.7534, One written call strike 68.865, One written put strike 57.7534 with a barrier level strike of 52.5556 ($5,000,000 notional amount), Expires 11/20/15, Broker Citibank N.A.(q)		(75,401	)
	283,056	iShares MSCI South Korea Index Fund, One purchased call strike 59.3522, One written call strike 64.6939, One written put strike 59.3522 with a barrier level strike of 54.011 (126,364 contracts), Expires 04/17/15, Broker JPMorgan Chase Bank N.A.(r)		(237,711	)

Contracts/
Notional
Amount ($)			Value
	219,242	iShares MSCI South Korea Index Fund, One purchased call strike 62.26, One written call strike 66.00, One written put strike 62.26 with a barrier level strike of 56.66 (80,308 contracts), Expires 10/16/15, Broker Bank of America N.A.(r)	$	(408,239	)
	321,538	iShares MSCI South Korea Index Fund, One purchased call strike 63.45, One written call strike 67.25, One written put strike 63.45 with a barrier level strike of 57.74 (118,212 contracts), Expires 10/16/15, Broker Bank of America N.A.(r)		(750,513	)
	313,189	iShares MSCI South Korea Index Fund, One purchased call strike 63.46, One written call strike 67.27, One written put strike 63.46 with a barrier level strike of 57.75 (118,185 contracts), Expires 09/18/15, Broker Bank of America N.A.(r)		(753,885	)
	66,129	iShares STOXX Europe Small 200 Index, One purchased call strike 222.2934, One written put strike 226.83 with a barrier level strike of 209.818, Expires 06/19/15, Broker JPMorgan Chase Bank N.A.		1,338,675
	32,651	iShares STOXX Europe Small 200 Index, One purchased call strike 225.106, One written put strike 229.70 with a barrier level strike of 213.047, Expires 08/21/15, Broker JPMorgan Chase Bank N.A.		541,905
	57,034	iShares STOXX Europe Small 200 Index, One purchased call strike 228.81, One written call strike 251.691, One written put strike 228.81 with a barrier level strike of 208.2171 (32,778 contracts), Expires 05/15/14, Broker Goldman Sachs International(r)		615,794

Contracts/
Notional
Amount ($)			Value
	40,631	iShares STOXX Europe Small 200 Index, One purchased call strike 230.12, One written call strike 253.132, One written put strike 230.12 with a barrier level strike of 207.108 (21,728 contracts), Expires 04/17/15, Broker Goldman Sachs International(r)	$	492,208
	84,044	iShares STOXX Europe Small 200 Index, One purchased call strike 234.40, One written call strike 257.84, One written put strike 1,168.80 on Russell 2000 Index with a barrier level strike of 1,051.92 (8,556 contracts), Expires 03/20/15, Broker JPMorgan Chase Bank N.A.(r)		869,781
	35,571	iShares STOXX Europe Small 200 Index, One purchased call strike 237.55, One written call strike 258.9295, One written put strike 237.55 with a barrier level strike of 216.171 (21,048 contracts), Expires 07/17/15, Broker JPMorgan Chase Bank N.A.(r)		150,671
	64,492	iShares STOXX Europe Small 200 Index, One purchased call strike 240.34, One written call strike 264.374, One written put strike 240.34 with a barrier level strike of 221.113 (41,608 contracts), Expires 07/17/15, Broker JPMorgan Chase Bank N.A.(r)		227,477
	978,351	iShares U.S. Home Construction ETF, One purchased call strike 24.02, One written call strike 26.42, One written put strike 24.02 with a barrier level strike of 22.10 (416,320 contracts), Expires 09/18/15, Broker Credit Suisse International(r)		606,404

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 International(r)	$	285,035
$	10,125,000	Korea Stock Exchange KOSPI 200 Index, One purchased call strike 240.839474, One purchased put strike 40.839474 ($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 N.A.(q)		497,174
$	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 N.A.(q)		435,747
$	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 wth a barrier level strike of 45.364 ($20,000,000 notional amount), Expires 03/13/15, Broker JPMorgan Chase Bank N.A.(q)		377,093

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.	$	(39,934	)
$	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.		(87,874	)
	1,067,616	Market Vectors Russia ETF, One purchased call strike 22.48, One written call strike 24.0536, One written put strike 22.48 with a barrier level strike of 15.736 (333,630 contracts), Expires 10/16/15, Broker JPMorgan Chase Bank N.A.(r)		(2,626,294	)
	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 International		(2,526,717	)
	28,273	MSCI Singapore Free Index, One purchased call stike 353.6971, One written call strike 381.9929, One written put strike 353.6971 with a barrier level strike of 318.3274, Expires 03/31/15, Broker BNP Paribas SA		1,397,268
	26,954	MSCI Singapore Free Index, One purchased call strike 371.005, One written call strike 382.1352, One written put strike 371.005 with a barrier level strike of 341.3246, Expires 07/31/15, Broker BNP Paribas SA		507,098

Contracts/
Notional
Amount ($)			Value
	141,330	MSCI Singapore Free Index, One purchased call strike 371.47, One written call strike 382.6141, One written put strike 371.47 with a barrier level strike of 341.75 (26,920 contracts), Expires 10/29/15, Broker UBS AG(r)	$	401,246
	26,831	MSCI Singapore Free Index, One purchased call strike 372.7072, One written call strike 398.7967, One written put strike 372.7072 with a barrier level strike of 335.4365, Expires 06/30/15, Broker BNP Paribas SA		490,135
	26,712	MSCI Singapore Free Index, One purchased call strike 374.3626, One written call strike 400.568, One written put strike 374.3626 with a barrier level strike of 344.4136, Expires 07/31/15, Broker BNP Paribas SA		408,025
	26,472	MSCI Singapore Free Index, One purchased call strike 377.7606, One written call strike 400.4262, One written put strike 377.7606 with a barrier level strike of 343.7621, Expires 10/30/15, Broker BNP Paribas SA		114,477
	9,631	OMX Stockholm 30 Index, One purchased call strike 1,557.45, One purchased put strike 1,526.301, One written put strike 1,557.45 with a barrier level strike of 1,354.9815 (19,262 contracts), Expires 05/15/15, Broker Goldman Sachs International(r)		(66,994	)
	9,040	Russell 2000 Index, One purchased call strike 1,089.615, One written call strike 1,198.5765, One written put strike 1,089.615 with a barrier level strike of 991.55 (4,589 contracts), Expires 06/19/15, Broker JPMorgan Chase Bank N.A.(r)		450,203
	18,680	Russell 2000 Index, One purchased call strike 1,102.76, One written call strike 1,213.04, One written put strike 1,102.76 with a barrier level strike of 992.48 (9,068 contracts), Expires 03/20/15, Broker Citibank N.A.(r)		1,094,573

Contracts/
Notional
Amount ($)			Value
	16,729	Russell 2000 Index, One purchased call strike 1,128.60, One written call strike 1,218.888, One written put strike 1,128.60 with a barrier level strike of 1,027.026 (7,088 contracts), Expires 05/15/15, Broker Citibank N.A.(r)	$	563,422
	4,391	Russell 2000 Index, One purchased call strike 1,138.70, One written call strike 1,263.96, One written put strike 1,138.70 with a barrier level strike of 1,058.99, Expires 06/19/15, Broker BNP Paribas SA		284,834
	6,496	Russell 2000 Index, One purchased call strike 1,154.62, One written call strike 1,270.08, One written put strike 1,154.62 with a barrier level strike of 1,062.25, Expires 05/15/15, Broker BNP Paribas SA		314,823
	8,615	Russell 2000 Index, One purchased call strike 1,160.7362, One written call strike 1,300.02, One written put strike 1,160.74 with a barrier level strike of 870.55, Expires 05/15/15, Broker Citibank N.A.		187,477
	12,955	Russell 2000 Index, One purchased call strike 1,169.39, One purchased put strike 1,134.65, One written put strike 1,169.39 with a barrier level strike of 929.72 (25,911 contracts), Expires 07/17/15, Broker Credit Suisse International(r)		266,532
	26,034	Russell 2000 Index, One purchased call strike 1,169.61, One written call strike 1,274.8749, One written put strike 1,169.61 with a barrier level strike of 1,052.649 (12,825 contracts), Expires 04/17/15, Broker JPMorgan Chase Bank(r)		487,950
	16,956	Russell 2000 Index, One purchased call strike 1,179.50, One written put strike 1,191.30 with a barrier level strike of 1,061.55, Expires 02/20/15, Broker Credit Suisse International		91,377

Contracts/
Notional
Amount ($)			Value
	8,433	Russell 2000 Index, One purchased call strike 1,185.82, One written call strike 1,256.97, One written put strike 1,185.82 with a barrier level strike of 1,067.24, Expires 02/20/15, Broker BNP Paribas	$	159,900
	6,322	Russell 2000 Index, One purchased call strike 1,186.35, One written call strike 1,281.26, One written put strike 1,186.35 with a barrier level strike of 1,079.58, Expires 03/20/15, Broker BNP Paribas SA		97,389
	16,696	Russell 2000 Index, One purchased call strike 1,197.90, One written call strike 1,281.753, One purchased put strike 1,161.963 (8,348 contracts), One written put strike 1,197.90 with a barrier level strike of 922.383, Expires 12/31/15, Broker JPMorgan Chase Bank N.A.(r)		(233,357	)
$	15,000,000	S&P 500 Index, One purchased call strike 1,829.4561, One written put strike 1,866.7919 with a barrier level strike of 1,738.9167, Expires 06/19/15, Broker Citibank N.A.		1,195,418
	14,062	S&P 500 Index, One purchased call strike 1,842.72, One written call strike 2,008.56, One written put strike 1,842.72 with a barrier level strike of 1,695.30 (8,140 contracts), Expires 03/20/15, Broker Citibank N.A.(r)		1,614,735
$	10,000,000	S&P 500 Index, One purchased call strike 1,852.616, One written put strike 1,871.3293 with a barrier level strike of 1,658.9334, Expires 07/17/15, Broker Citibank N.A.		715,192
	6,799	S&P 500 Index, One purchased call strike 1,854.59, One written put strike 1,854.59 with a barrier level strike of 1,706.2228 (5,392 contracts), Expires 04/17/15, Broker Citibank N.A.(r)		883,614
$	15,000,000	S&P 500 Index, One purchased call strike 1,859.50, One written put strike 1,897.45 with a barrier level strike of 1,751.3464, Expires 07/17/15, Broker Citibank N.A.		927,338

Contracts/
Notional
Amount ($)			Value
	9,565	S&P 500 Index, One purchased call strike 1,866.11, One written put strike 1,866.11 with a barrier level strike of 1,716.8212 (8,038 contracts), Expires 05/15/15, Broker Citibank N.A.(r)	$	1,244,618
$	20,000,000	S&P 500 Index, One purchased call strike 1,868.20, One written put strike 1,868.20 with a barrier level strike of 1,587.97, Expires 06/19/15, Broker BNP Paribas SA		1,333,291
	7,965	S&P 500 Index, One purchased call strike 1,883.29, One written put strike 1,883.29 with a barrier level strike of 1,607.39, Expires 06/19/15, Broker Citibank N.A.		919,869
	3,920	S&P 500 Index, One purchased call strike 1,913.075, One written put strike 66.7466 on SPDR S&P Oil & Gas Exploration & Production ETF (101,971 contracts), Expires 02/20/15, Broker Citibank N.A.(r)		(1,737,702	)
	3,901	S&P 500 Index, One purchased call strike 1,922.73, One written put strike 67.4168 on SPDR S&P Oil & Gas Exploration & Production ETF (99,734 contracts), Expires 03/20/15, Broker Goldman Sachs International(r)		(1,743,536	)
	2,642	S&P 500 Index, One purchased call strike 1,934.30, One written put strike 66.9798 on SPDR S&P Oil & Gas Exploration & Production ETF (67,184 contracts), Expires 04/17/15, Broker Citibank N.A.(r)		(1,148,615	)
	2,518	S&P 500 Index, One purchased call strike 1,985.80, One written put strike 66.3273 on SPDR S&P Oil & Gas Exploration & Production ETF (681,747 contracts), Expires 03/20/15, Broker Citibank N.A.(r)		(1,247,796	)
	3,761	S&P 500 Index, One purchased call strike 1,994.32, One written put strike 63.48 on SPDR S&P Oil & Gas Exploration & Production ETF (106,564 contracts), Expires 04/17/15, Broker BNP Paribas SA(r)		(1,635,631	)

Contracts/
Notional
Amount ($)			Value
	3,750	S&P 500 Index, One purchased call strike 2,000.25, One written put strike 67.69 on SPDR S&P Oil & Gas Exploration & Production ETF (100,219 contracts), Expires 03/20/15, Broker Bank of America N.A.(r)	$	(2,007,693	)
	7,469	S&P 500 Index, One purchased call strike 2,028.25, One written put strike 2,008.17 with a barrier level strike of 1,656.74, Expires 02/19/16, Broker Bank of America N.A.		(113,255	)
	9,857	S&P 500 Index, One purchased call strike 2,039.19, One written put strike 2,029.04 with a barrier level strike of 1,861.64, Expires 06/19/15, Broker BNP Paribas SA		(303,761	)
	6,159	S&P 500 Index, One purchased call strike 2,049.84, One written put strike 2,029.54 with a barrier level strike of 1,663.21, Expires 03/18/16, Broker Bank of America N.A.		(200,098	)
	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 International		720,270
	7,964	S&P 500 Index, One purchased call strike 1,845.9086, One written put strike 1,883.5802 with a barrier level strike of 1,741.3699, Expires 07/17/15, Broker Goldman Sachs International		1,047,502
	9,158	S&P 500 Index, One purchased call strike 1,865.83, One written call strike 2,033.7547, One written put strike 1,865.83 with a barrier level strike of 1,716.564 (5,360 contracts), Expires 05/15/15, Broker JPMorgan Chase Bank N.A.(r)		840,708
	11,592	S&P 500 Index, One purchased call strike 1,880.55, One written put strike 1,880.55 with a barrier level strike of 1,711.30 (10,635 contracts), Expires 02/20/15, Broker Credit Suisse International(r)		1,532,681

Contracts/
Notional
Amount ($)			Value
	7,796	S&P 500 Index, One purchased call strike 1,885.67, One written put strike 1,924.15 with a barrier level strike of 1,768.29, Expires 08/21/15, Broker Credit Suisse International	$	827,108
	6,906	S&P 500 Index, One purchased call strike 1,886.63, One written put strike 1,867.95 with a barrier level strike of 1,718.51 (5,353 contracts), Expires 07/17/15, Broker UBS AG(r)		990,498
	15,891	S&P 500 Index, One purchased call strike 1,887.85, One written put strike 1,887.85 with a barrier level strike of 1,599.01, Expires 12/18/15, Broker Bank of America N.A.		1,618,200
	5,109	S&P 500 Index, One purchased call strike 1,918.2214, One written put strike 1,957.3688 with a barrier level strike of 1,810.5662, Expires 09/18/15, Broker Goldman Sachs International		263,936
	5,212	S&P 500 Index, One purchased call strike 1,918.7282, One written put strike 1,918.7282 with a barrier level strike of 1,629.0002, Expires 10/16/15, Broker Goldman Sachs International		407,343
	5,088	S&P 500 Index, One purchased call strike 1,926.05, One written call strike 1,965.36, One written put strike 1,926.05 with a barrier level strike of 1,821.30, Expires 09/18/15, Broker Credit Suisse International		310,164
	5,188	S&P 500 Index, One purchased call strike 1,927.66, One written put strike 1,927.66 with a barrier level strike of 1,646.22, Expires 09/18/15, Broker Credit Suisse International		442,165
	14,151	S&P 500 Index, One purchased call strike 1,939.85, One written call strike 2,114.44, One written put strike 1,939.85 with a barrier level strike of 1,804.06 (7,733 contracts), Expires 08/21/15, Broker Credit Suisse International(r)		762,046

Contracts/
Notional
Amount ($)			Value
	5,153	S&P 500 Index, One purchased call strike 1,940.74, One written put strike 1,940.74 with a barrier level strike of 1,667.10, Expires 09/18/15, Broker Credit Suisse International	$	373,331
	7,715	S&P 500 Index, One purchased call strike 1,944.21, One written put strike 1,944.21 with a barrier level strike of 1,646.75, Expires 12/18/15, Broker Bank of America N.A.		391,446
	2,566	S&P 500 Index, One purchased call strike 1,948.2097, One written put strike 54.6487 on SPDR S&P Oil & Gas Exploration & Production ETF (80,423 contracts), Expires 03/20/15, Broker Goldman Sachs International(r)		(531,478	)
	5,119	S&P 500 Index, One purchased call strike 1,953.44, One written put strike 1,953.44 with a barrier level strike of 1,672.14, Expires 10/16/15, Broker Citibank N.A.		229,147
	5,101	S&P 500 Index, One purchased call strike 1,960.30, One written put strike 1,960.30 with a barrier level strike of 1,803.48, Expires 02/20/15, Broker Credit Suisse International		301,333
	5,080	S&P 500 Index, One purchased call strike 1,968.64, One written put strike 1,968.64 with a barrier level strike of 1,685.16, Expires 11/20/14, Broker Bank of America N.A.		145,951
	5,066	S&P 500 Index, One purchased call strike 1,974.02, One written put strike 1,974.02 with a barrier level strike of 1,712.46, Expires 08/21/15, Broker Credit Suisse International		264,032
	5,028	S&P 500 Index, One purchased call strike 1,988.78, One written put strike 1,988.78 with a barrier level strike of 1,726.26, Expires 08/21/15, Broker Credit Suisse International		154,303

Contracts/
Notional
Amount ($)			Value
	4,975	S&P 500 Index, One purchased call strike 2,010.00, One written put strike 2,010.00 with a barrier level strike of 1,736.64, Expires 11/20/15, Broker Credit Suisse International	$	24,092
	12,425	S&P 500 Index, One purchased call strike 2,012.0966, One purchased put strike 1,951.7337, One written put strike 2,012.0966 with a barrier level strike of 1,589.5563 (24,850 contracts), Expires 01/15/16, Broker Goldman Sachs International(r)		(289,766	)
	20,012	S&P 500 Index, One purchased call strike 2,018.76, One purchased put strike 1,958.79, One written put strike 1,998.77 with a barrier level strike of 1,553.04 (40,025 contracts), Expires 09/18/15, Broker Credit Suisse International(r)		438,655
	4,992	S&P 500 Index, One purchased call strike 2,023.232, One purchased put strike 1,983.168, One written call strike 2,303.68, One written put strike 2,003.20 with a barrier level strike of 1,626.5984 (9,984 contracts), Expires 10/16/15, Broker Goldman Sachs International(r)		(674,962	)
	4,934	S&P 500 Index, One purchased call strike 2,026.606, One written put strike 2,046.8721 with a barrier level strike of 1,844.2115, Expires 07/17/15, Broker Goldman Sachs International		(163,812	)
	9,946	S&P 500 Index, One purchased call strike 2,031.14, One written call strike 2,212.13, One written put strike 89.55 on iShares iBoxx $ High Yield Corporate Bond ETF with a barrier level strike of 70.928 (225,581 contracts), Expires 01/15/16, Broker Goldman Sachs International(r)		71,486

Contracts/
Notional
Amount ($)			Value
	12,305	S&P 500 Index, One purchased call strike 2,031.71, One written put strike 2,031.71 with a barrier level strike of 1,757.43, Expires 01/15/16, Broker Credit Suisse International	$	(235,512	)
	12,242	S&P 500 Index, One purchased call strike 2,042.12, One written put strike 2,062.54 with a barrier level strike of 1,797.07, Expires 10/16/15, Broker Credit Suisse International		(353,852	)
	12,242	S&P 500 Index, One purchased call strike 2,042.2121, One written put strike 2,062.6342 with a barrier level strike of 1,858.413, Expires 06/19/15, Broker Goldman Sachs International		(540,761	)
	7,418	S&P 500 Index, One purchased call strike 2,042.45, One written call strike 2,325.56, One purchased put strike 2,002.01, One written put strike 2,022.23 with a barrier level strike of 1,624.86 (14,835 contracts), Expires 11/20/15, Broker Credit Suisse International(r)		(144,100	)
	4,877	S&P 500 Index, One purchased call strike 2,050.74, One written put strike 2,050.74 with a barrier level strike of 1,768.76, Expires 02/19/16, Broker Bank of America N.A.		(269,120	)
	7,296	S&P 500 Index, One purchased call strike 2,055.83, One written put strike 2,055.83 with a barrier level strike of 1,786.52, Expires 01/15/16, Broker Bank of America N.A.		(423,066	)
	18,226	S&P 500 Index, One purchased call strike 2,058.62, One written call strike 2,140.15, One written put strike 2,058.62 with a barrier level strike of 1,875.18 (4,906 contracts), Expires 12/18/15, Broker Bank of America N.A.(r)		(142,638	)
	11,950	S&P 500 Index, One purchased call strike 2,092.1021, One written call strike 2,364.0753, One written put strike 2,092.1021 with a barrier level strike of 1,589.9976, Expires 01/15/16, Broker Goldman Sachs International		(1,101,094	)

Contracts/
Notional
Amount ($)			Value
	12,796	S&P 500 Index, One purchased call strike 2,109.12, One written put strike 2,067.76 with a barrier level strike of 1,881.66 (9,672 contracts), Expires 01/15/16, Broker Bank of America N.A.(r)	$	(787,499	)
	12,499	S&P 500 Index, One purchased put strike 1,940.1582, One purchased call strike 2,020.1647, One written put strike 2,000.1631 with a barrier level strike of 1,623.1323 (24,998 contracts), Expires 08/21/15, Broker Goldman Sachs International(r)		(140,110	)
	17,308	S&P 500 Index, One purchased put strike 2,001.9284, One purchased call strike 2,042.3714, One written put strike 2,022.1499 with a barrier level strike of 1,536.8339 (34,617 contracts), Expires 07/15/16, Broker Goldman Sachs International(r)		(606,258	)
	128,254	Schlumberger Ltd., One purchased call strike 81.0888, One written call strike 84.9873, One written put strike 77.97 with a barrier level strike of 46.782, Expires 02/19/16, Broker JPMorgan Chase Bank N.A.		(379,479	)
	1,241,218	Select Sector Financial SPDR Fund, One purchased call strike 21.56, One written call strike 23.27, One written put strike 21.35 with a barrier level strike of 19.43 (468,384 contracts), Expires 06/19/15, Broker Credit Suisse International(r)		1,207,964
	1,272,859	Select Sector Financial SPDR Fund, One purchased call strike 22.037, One written call strike 24.2407, One written put strike 22.037 with a barrier level strike of 20.274 (680,673 contracts), Expires 05/15/15, Broker JPMorgan Chase Bank N.A.(r)		1,169,729

Contracts/
Notional
Amount ($)			Value
	918,820	Select Sector Financial SPDR Fund, One purchased call strike 22.8554, One written call strike 24.2267, One written put strike 22.8554 with a barrier level strike of 21.027 (328,150 contracts), Expires 09/18/15, Broker Citibank N.A.(r)	$	213,799
	926,169	Select Sector Financial SPDR Fund, One purchased call strike 22.89, One written call strike 24.95, One written put strike 22.89 with a barrier level strike of 21.06 (436,872 contracts), Expires 08/21/15, Broker Credit Suisse International(r)		378,149
	1,178,691	Select Sector Financial SPDR Fund, One purchased call strike 23.84, One written call strike 25.2704, One written put strike 23.84 with a barrier level strike of 21.6944 (419,463 contracts), Expires 10/16/15, Broker Citibank N.A.(r)		(145,767	)
	1,286,172	Select Sector Financial SPDR Fund, One purchased call strike 24.88, One written call strike 26.37, One written put strike 24.88 with a barrier level strike of 22.64 (502,412 contracts), Expires 01/15/16, Broker Bank of America N.A.(r)		(815,964	)
	119,075	SPDR Dow Jones Industrial Average ETF Trust, One purchased call strike 161.243, One written call strike 174.142, One written put strike 161.243 with a barrier level strike of 145.119 (62,018 contracts), Expires 03/20/15, Broker Credit Suisse Group AG(r)		1,060,793
	44,603	SPDR Dow Jones Industrial Average ETF Trust, One purchased call strike 168.15, One written put strike 168.15 with a barrier level strike of 141.67, Expires 12/18/15, Broker Credit Suisse International		140,111

Contracts/
Notional
Amount ($)			Value
	59,053	SPDR Dow Jones Industrial Average ETF Trust, One purchased call strike 169.34, One written put strike 169.34 with a barrier level strike of 144.79, Expires 11/20/15, Broker Credit Suisse International	$	131,061
	29,525	SPDR Dow Jones Industrial Average ETF Trust, One purchased call strike 169.35, One written put strike 169.35 with a barrier level strike of 140.5605, Expires 11/20/15, Broker Goldman Sachs International		79,149
	44,000	SPDR Dow Jones Industrial Average ETF Trust, One purchased call strike 170.45, One written put strike 65.63 on SPDR S&P Oil & Gas Exploration & Production ETF (101,473 contracts), Expires 03/20/15, Broker Bank of America N.A.(r)		(1,801,073	)
	230,681	SPDR S&P Oil & Gas Exploration & Production ETF, One purchased put strike 43.35, One written put strike 36.85, One written call strike 43.35 with a barrier level strike of 56.36, Expires 03/20/15, Broker Credit Suisse International		(235,674	)
	547,885	SPDR S&P Oil & Gas Exploration & Production ETF, One purchased put strike 45.63, One written put strike 38.79, One written call strike 45.63 with a barrier level strike of 59.32, Expires 03/20/15, Broker Credit Suisse International		389,863
	404,858	SPDR S&P Oil & Gas Exploration & Production ETF, One purchased put strike 49.40, One written put strike 39.52, One written call strike 49.40 with a barrier level strike of 59.28, Expires 02/20/15, Broker Credit Suisse International		1,264,268
	1,252	Swiss Market Index, One purchased call strike 7,984.40, One written put strike 7,984.40 with a barrier level strike of 7,010.3032, Expires 07/17/15, Broker Goldman Sachs International		376,537

Contracts/
Notional
Amount ($)			Value
	1,194	Swiss Market Index, One purchased call strike 8,373.1336, One written put strike 8,373.1336 with a barrier level strike of 7,410.2232, Expires 06/19/15, Broker Goldman Sachs International	$	(45,130	)
	1,697	Taiwan Stock Exchange Weighted Index, One purchased call strike 8,841.00, One written put strike 8,841.00 with a barrier level strike of 8,222.13, Expires 05/20/15, Broker BNP Paribas SA		2,264,847
	1,080	Taiwan Stock Exchange Weighted Index, One purchased call strike 9,258.30, One written put strike 9,258.30 with a barrier level strike of 8,610.22, Expires 10/21/15, Broker BNP Paribas SA		125,311
$	24,000,000	USD/CAD foreign exchange rate, One purchased call strike 1.09, One written call strike 1.15, One written put strike 1.09 with a barrier level strike of 1.06 ($20,000,000 notional amount), Expires 06/15/15, Broker JPMorgan Chase Bank N.A.(q)		1,108,040
$	14,700,000	USD/JPY foreign exchange rate, One purchased call strike 101.50, One written call strike 107.50, One written put strike 101.50 with a barrier level strike of 95.50 ($10,000,000 notional amount), Expires 05/11/15, Broker JPMorgan Chase Bank N.A.(q)		717,333
$	18,500,000	USD/JPY foreign exchange rate, One purchased call strike 101.75, One written call strike 108.00, One written put strike 101.75 with a barrier level strike of 96.00 ($15,000,000 notional amount), Expires 05/25/15, Broker JPMorgan Chase Bank N.A.(q)		926,937
$	23,100,000	USD/JPY foreign exchange rate, One purchased call strike 101.75, One written call strike 108.00, One written put strike 102.00 with a barrier level strike of 96.00 ($15,000,000 notional amount), Expires 06/15/15, Broker Goldman Sachs International(q)		1,128,924

Contracts/
Notional
Amount ($)			Value
$	42,300,000	USD/JPY foreign exchange rate, One purchased call strike 102.00, One written call strike 108.00, One written put strike 101.75 with a barrier level strike of 96.00 ($30,000,000 notional amount), Expires 04/13/15, Broker Goldman Sachs International(q)	$	2,086,813
$	28,800,000	USD/JPY foreign exchange rate, One purchased call strike 102.00, One written call strike 108.00, One written put strike 101.90 with a barrier level strike of 96.00 ($20,000,000 notional amount), Expires 04/09/15, Broker JPMorgan Chase Bank N.A.(q)		1,427,203
$	15,800,000	USD/JPY foreign exchange rate, One purchased call strike 102.50, One written call strike 110.00, One written put strike 102.50 with a barrier level strike of 98.00 ($10,000,000 notional amount), Expires 07/24/15, Broker Goldman Sachs International(q)		867,133
$	15,800,000	USD/JPY foreign exchange rate, One purchased call strike 108.00, One written call strike 114.00, One written put strike 108.00 with a barrier level strike of 102.00 ($10,000,000 notional amount), Expires 11/10/15, Broker JPMorgan Chase Bank N.A.(q)		499,187
$	14,800,000	USD/JPY foreign exchange rate, One purchased call strike 108.00, One written call strike 115.00, One written put strike 108.00 with a barrier level strike of 103.00 ($10,000,000 notional amount), Expires 11/09/15, Broker Bank of America N.A.(q)		497,442
$	43,250,000	USD/JPY foreign exchange rate, One purchased call strike 109.50, One written call strike 116.00, One written put strike 109.50 with a barrier level strike of 104.00 ($30,000,000 notional amount), Expires 10/05/15, Broker JPMorgan Chase Bank N.A.(q)		1,353,474

Contracts/
Notional
Amount ($)			Value
$	62,000,000	USD/JPY foreign exchange rate, One purchased call strike 112.00, One written call strike 120.00, One written put strike 112.00 with a barrier level strike of 109.00 ($40,000,000 notional amount), Expires 11/02/15, Broker Goldman Sachs International(q)	$	1,334,398
$	29,000,000	USD/JPY foreign exchange rate, One purchased call strike 113.50, One written call strike 121.00, One written put strike 113.50 with a barrier level strike of 110.00 ($15,000,000 notional amount), Expires 12/04/15, Broker Bank of America N.A.(q)		458,339
$	18,475,000	USD/JPY foreign exchange rate, One purchased call strike 114.50, One written call strike 122.00, One written put strike 114.50 with a barrier level strike of 110.50 ($10,000,000 notional amount), Expires 12/08/15, Broker JPMorgan Chase Bank N.A.(q)		256,890
$	19,600,000	USD/JPY foreign exchange rate, One purchased call strike 115.50, One written call strike 122.00, One written put strike 115.50 with a barrier level strike of 110.00 ($10,000,000 notional amount), Expires 12/14/15, Broker Bank of America N.A.(q)		121,844
$	21,100,000	USD/JPY foreign exchange rate, One purchased call strike 116.00, One written call strike 123.00, One written put strike 116.00 with a barrier level strike of 112.00 ($10,000,000 notional amount), Expires 12/08/15, Broker Bank of America N.A.(q)		122,070
$	13,300,000	USD/JPY foreign exchange rate, One purchased call strike 117.00, One written put strike 125.00, One written call strike 117.00 with a barrier level strike of 109.00 ($7,500,000 notional amount), Expires 03/17/16, Broker Goldman Sachs International(q)		(18,459	)

Contracts/ Notional Amount ($)			Value
$	21,550,000	USD/JPY foreign exchange rate, One purchased call strike 118.50, One written call strike 126.00, One written put strike 118.50 with a barrier level strike of 113.00 ($10,000,000 notional amount), Expires 12/23/15, Broker Bank of America N.A.(q)	$	(57,063	)
$	25,600,000	USD/JPY foreign exchange rate, One purchased call strike 119.50, One written call strike 127.00, One written put strike 119.50 with a barrier level strike of 113.00 ($10,000,000 notional amount), Expires 01/04/16, Broker Bank of America N.A.(q)		(66,324	)
$	24,380,000	USD/JPY foreign exchange rate, One purchased call strike 120.00, One written call strike 128.00, One written put strike 120.00 with a barrier level strike of 113.50 ($10,000,000 notional amount), Expires 02/22/16, Broker Bank of America N.A.(q)		(149,345	)
$	41,000,000	USD/JPY foreign exchange rate, One purchased call strike 122.00, One written call strike 130.00, One written put strike 122.00 with a barrier level strike of 117.00 ($15,000,000 notional amount), Expires 01/05/16, Broker Bank of America N.A.(q)		(447,230	)
$	6,000,000	USD/JPY foreign exchange rate, One purchased call strike 140.00, Expires 11/20/15, Broker Goldman Sachs International		363,214
$	25,000,000	USD/MXN foreign exchange rate, One purchased call strike 13.20, One written put strike 15.25, Expires 10/16/15, Broker Bank of America N.A.		(901,271	)
$	15,000,000	USD/MXN foreign exchange rate, One purchased call strike 13.50, One written put strike 14.58, Expires 11/17/15, Broker Bank of America N.A.		(874,133	)
$	7,500,000	USD/MXN foreign exchange rate, One purchased call strike 14.40, One written put strike 15.94, Expires 01/04/16, Broker Bank of America N.A.		(113,136	)

Contracts/ Notional Amount ($)			Value
$	5,000,000	USD/MXN foreign exchange rate, One purchased call strike 14.50, One written put strike 16.015, Expires 03/17/16, Broker Bank of America N.A.	$	(78,189	)
$	10,000,000	USD/MXN foreign exchange rate, One purchased put strike 13.55, One written put strike 14.72, Expires 12/07/15, Broker Goldman Sachs International		(562,596	)
$	20,000,000	USD/MXN foreign exchange rate, One purchased put strike 13.55, One written put strike 14.8313, Expires 12/04/15, Broker Goldman Sachs International		(1,045,761	)
$	20,000,000	USD/MXN foreign exchange rate, One purchased put strike 13.60, One written call strike 14.5665, Expires 11/17/15, Broker Goldman Sachs International		(1,201,378	)
$	10,000,000	USD/MXN foreign exchange rate, One purchased put strike 13.70, One written put strike 14.925, Expires 01/27/16, Broker Goldman Sachs International		(519,795	)
$	5,000,000	USD/MXN foreign exchange rate, One purchased put strike 14.45, One written call strike 15.23, Expires 01/05/16, Broker JPMorgan Chase Bank N.A.		(100,328	)
$	5,000,000	USD/MXN foreign exchange rate, One purchased put strike 14.55, One written put strike 16.20, Expires 02/04/16, Broker Goldman Sachs International		(52,340	)
$	10,000,000	USD/MYR foreign exchange rate, One purchased call strike 3.60, One written put strike 4.0005, Expires 02/29/16, Broker Goldman Sachs International		(40,242	)
$	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.		94,994

Contracts/ Notional Amount ($)			Value
	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 International	$	(6,963	)
	106,193	WisdomTree Japan Hedged Equity Fund, One purchased call strike 46.464, One written call strike 53.5266, One written put strike 46.464 with a barrier level strike of 31.546, Expires 03/20/15, Broker JPMorgan Chase Bank N.A.		634,813
	763,255	WisdomTree Japan Hedged Equity Fund, One purchased call strike 46.5113, One written call strike 48.8369, One written put strike 46.5113 with a barrier level strike of 42.3253 (215,002 contracts), Expires 11/20/15, Broker Goldman Sachs International(r)		1,078,336
	209,461	WisdomTree Japan Hedged Equity Fund, One purchased call strike 47.1216, One written call strike 54.7603, One written put strike 47.1216 with a barrier level strike of 32.942, Expires 02/20/15, Broker JPMorgan Chase Bank N.A.		1,349,927
	208,943	WisdomTree Japan Hedged Equity Fund, One purchased call strike 47.24, One written call strike 55.85, One written put strike 47.24 with a barrier level strike of 33.50, Expires 03/20/15, Broker UBS AG		565,704
	722,187	WisdomTree Japan Hedged Equity Fund, One purchased call strike 47.91, One written call strike 50.31, One written put strike 47.91 with a barrier level strike of 43.60 (208,725 contracts), Expires 11/20/15, Broker Credit Suisse International(r)		1,025,411
	204,583	WisdomTree Japan Hedged Equity Fund, One purchased call strike 48.26, One written call strike 55.10, One written put strike 48.26 with a barrier level strike of 35.19, Expires 02/20/15, Broker UBS AG		1,300,318

Contracts/ Notional Amount ($)			Value
	507,172	WisdomTree Japan Hedged Equity Fund, One purchased call strike 48.80, One written call strike 51.24, One written put strike 48.80 with a barrier level strike of 44.41 (153,689 contracts), Expires 09/18/15, Broker Credit Suisse International(r)	$	721,993
	1,585,670	WisdomTree Japan Hedged Equity Fund, One purchased call strike 48.84, One written call strike 49.88, One written put strike 48.84 with a barrier level strike of 45.05 (201,996 contracts), Expires 08/21/15, Broker UBS AG(r)		964,546
	1,098,142	WisdomTree Japan Hedged Equity Fund, One purchased call strike 49.0829, One written call strike 50.56, One written put strike 49.0829 with a barrier level strike of 44.67 (203,737 contracts), Expires 08/21/15, Broker Citibank N.A.(r)		932,461
	200,945	WisdomTree Japan Hedged Equity Fund, One purchased call strike 49.1433, One written call strike 57.6033, One written put strike 49.1433 with a barrier level strike of 34.8354, Expires 04/17/15, Broker Goldman Sachs International		908,982
	525,824	WisdomTree Japan Hedged Equity Fund, One purchased call strike 49.4462, One written call strike 51.9185, One written put strike 49.9407 with a barrier level strike of 45.4905 (202,240 contracts), Expires 08/21/15, Broker Credit Suisse International(r)		(1,331	)
	437,843	WisdomTree Japan Hedged Equity Fund, One purchased call strike 49.5612, One written call strike 53.5261, One written put strike 49.5612 with a barrier level strike of 44.6051 (201,771 contracts), Expires 07/17/15, Broker Goldman Sachs International(r)		880,839

Contracts/ Notional Amount ($)			Value
	638,752	WisdomTree Japan Hedged Equity Fund, One purchased call strike 49.6672, One written call strike 51.6539, One written put strike 49.6672 with a barrier level strike of 45.6938 (151,005 contracts), Expires 11/20/15, Broker Goldman Sachs International(r)	$	512,047
	496,782	WisdomTree Japan Hedged Equity Fund, One purchased call strike 49.72, One written call strike 53.20, One written put strike 49.72 with a barrier level strike of 44.75 (201,126 contracts), Expires 08/21/15, Broker Credit Suisse International(r)		923,146
	450,383	WisdomTree Japan Hedged Equity Fund, One purchased call strike 49.9575, One written call strike 52.955, One written put strike 49.9575 with a barrier level strike of 45.9609 (150,128 contracts), Expires 10/16/15, Broker Goldman Sachs International(r)		546,557
	605,342	WisdomTree Japan Hedged Equity Fund, One purchased call strike 50.47, One written call strike 53.50, One written put strike 50.47 with a barrier level strike of 46.43 (198,148 contracts), Expires 10/16/15, Broker Bank of America N.A.(r)		727,131
	655,278	WisdomTree Japan Hedged Equity Fund, One purchased call strike 52.1916, One written call strike 54.8012, One written put strike 52.1916 with a barrier level strike of 47.4944 (191,602 contracts), Expires 11/20/15, Broker Goldman Sachs International(r)		354,290
	142,857	WisdomTree Japan Hedged Equity Fund, One purchased call strike 52.50, One written call strike 54.08, One written put strike 52.50 with a barrier level strike of 47.78 (1,140 contracts), Expires 11/20/15, Broker BNP Paribas SA(r)		165,113

Contracts/ Notional Amount ($)			Value
	631,442	WisdomTree Japan Hedged Equity Fund, One purchased call strike 52.5781, One written call strike 55.207, One written put strike 52.5781 with a barrier level strike of 47.8461 (190,193 contracts), Expires 11/20/15, Broker Citibank N.A.(r)	$	307,235
	996,053	WisdomTree Japan Hedged Equity Fund, One purchased call strike 53.461, One written call strike 56.134, One written put strike 53.461 with a barrier level strike of 49.184 (280,578 contracts), Expires 12/18/15, Broker Credit Suisse International(r)		435,158
	643,297	WisdomTree Japan Hedged Equity Fund, One purchased call strike 53.63, One written call strike 56.3115, One written put strike 53.63 with a barrier level strike of 49.3396 (186,463 contracts), Expires 12/18/15, Broker Goldman Sachs International(r)		105,090
	479,862	WisdomTree Japan Hedged Equity Fund, One purchased call strike 54.078, One written call strike 56.7819, One written put strike 54.078 with a barrier level strike of 49.7518 (138,689 contracts), Expires 12/18/15, Broker Goldman Sachs International(r)		30,959
	436,641	WisdomTree Japan Hedged Equity Fund, One purchased call strike 54.278, One written call strike 56.9919, One written put strike 54.8208 with a barrier level strike of 49.9358 (184,237 contracts), Expires 04/17/15, Broker Goldman Sachs International(r)		135,093
	564,011	WisdomTree Japan Hedged Equity Fund, One purchased call strike 55.85, One written call strike 58.6425, One written put strike 56.4085 with a barrier level strike of 51.382 (179,051 contracts), Expires 07/17/15, Broker JPMorgan Chase Bank N.A.(r)		(108,602	)

Contracts/ Notional Amount ($)			Value
	437,259	WisdomTree Japan Hedged Equity Fund, One purchased call strike 56.717, One written call strike 59.5528, One written put strike 57.2842 with a barrier level strike of 52.1796 (176,314 contracts), Expires 05/15/15, Broker Goldman Sachs International(r)	$	(320,340	)
	466,467	WisdomTree Japan Hedged Equity Fund, One purchased call strike 56.81, One written call strike 59.6505, One written put strike 57.3781 with a barrier level strike of 52.2652 (176,025 contracts), Expires 06/19/15, Broker Goldman Sachs International(r)		(349,331	)
Total Structured Options (Premiums received $(6,958,648))				85,171,333

FUTURES CONTRACTS: SHORT POSITION

Contracts			Unrealized Depreciation
	808	Eurex Euro STOXX 50 Index Futures, March 2015	$	(1,450,106	)

FUTURES CONTRACTS: LONG POSITION

Contracts			Unrealized Depreciation
	15	Chicago Mercantile Exchange S&P 500 Index Futures, March 2015	$	(13,500	)

			Unrealized Appreciation (Depreciation)
SWAP AGREEMENTS (PURCHASED)

Conditional Variance Swap with BNP Paribas SA receiving variance of a basket of the KOSPI Index over the volatility strike price of 17.00 with a knockout level of 115% of initial index level and the S&P 500 Index over the volatility strike price of 22.25 and paying variance of a basket of the KOSPI Index under the volatility strike price of 17.00 with a knockout level of 115% of initial index level and the S&P 500 Index under the volatility strike price of 22.25, expiring 06/11/15 (Underlying vega amount $400,000)			$	464,533

	Unrealized Appreciation (Depreciation)
Conditional Variance Swap with BNP Paribas SA receiving variance of a basket of the Nikkei 225 Index over the volatility strike price of 0.19 with a knockout level of 130% of initial index level and the S&P 500 Index over the volatility strike price of 0.212 and paying variance of a basket of the Nikkei 225 Index under the volatility strike price of 0.19 with a knockout level of 130% of initial index level and the S&P 500 Index under the volatility strike price of 0.212, expiring 12/21/18 (Underlying vega amount $300,000)	$	(200,823	)
Conditional Variance Swap with BNP Paribas SA receiving variance of a basket of the Nikkei 225 Index over the volatility strike price of 0.1975 with a knockout level of 120% of initial index level and the S&P 500 Index over the volatility strike price of 0.195 and paying variance of a basket of the Nikkei 225 Index under the volatility strike price of 0.1975 with a knockout level of 120% of initial index level and the S&P 500 Index under the volatility strike price of 0.195, expiring 12/21/18 (Underlying vega amount $250,000)		(70,579	)
Conditional Variance Swap with BNP Paribas SA receiving variance of a basket of the Nikkei 225 Index over the volatility strike price of 0.199 with a knockout level of 120% of initial index level and the S&P 500 Index over the volatility strike price of 0.20 and paying variance of a basket of the Nikkei 225 Index under the volatility strike price of 0.199 with a knockout level of 120% of initial index level and the S&P 500 Index under the volatility strike price of 0.20, expiring 12/21/18 (Underlying vega amount $400,000)		(220,470	)

	Unrealized Appreciation (Depreciation)
Conditional Variance Swap with BNP Paribas SA receiving variance of a basket of the Nikkei 225 Index over the volatility strike price of 0.20 with a knockout level of 120% of initial index level and the S&P 500 Index over the volatility strike price of 0.20 and paying variance of a basket of the Nikkei 225 Index under the volatility strike price of 0.20 with a knockout level of 120% of initial index level and the S&P 500 Index under the volatility strike price of 0.20, expiring 12/21/18 (Underlying vega amount $300,000)	$	(84,602	)
Conditional Variance Swap with BNP Paribas SA receiving variance of a basket of the Nikkei 225 Index over the volatility strike price of 0.20 with a knockout level of 120% of initial index level and the S&P 500 Index over the volatility strike price of 0.21 and paying variance of a basket of the Nikkei 225 Index under the volatility strike price of 0.20 with a knockout level of 120% of initial index level and the S&P 500 Index under the volatility strike price of 0.21, expiring 12/21/18 (Underlying vega amount $250,000)		78,716
Conditional Variance Swap with BNP Paribas SA receiving variance of a basket of the Nikkei 225 Index over the volatility strike price of 0.2105 with a knockout level of 120% of initial index level and the S&P 500 Index over the volatility strike price of 0.225 and paying variance of a basket of the Nikkei 225 Index under the volatility strike price of 0.2105 with a knockout level of 120% of initial index level and the S&P 500 Index under the volatility strike price of 0.225, expiring 12/21/18 (Underlying vega amount $250,000)		(63,378	)

	Unrealized Appreciation (Depreciation)
Conditional Variance Swap with BNP Paribas SA receiving variance of a basket of the Nikkei 225 Index over the volatility strike price of 21.20 with a knockout level of 130% of initial index level and the S&P 500 Index over the volatility strike price of 23.50 and paying variance of a basket of the Nikkei 225 Index under the volatility strike price of 21.20 with a knockout level of 130% of initial index level and the S&P 500 Index under the volatility strike price of 23.50, expiring 12/21/18 (Underlying vega amount $200,000)	$	(187,208	)
Conditional Variance Swap with BNP Paribas SA receiving variance of a basket of the Nikkei 225 Index over the volatility strike price of 23.00 with a knockout level of 120% of initial index level and the S&P 500 Index over the volatility strike price of 24.25 and paying variance of a basket of the Nikkei 225 Index under the volatility strike price of 23.00 with a knockout level of 120% of initial index level and the S&P 500 Index under the volatility strike price of 24.25, expiring 12/14/18 (Underlying vega amount $250,000)		(215,860	)
Variance swap with Goldman Sachs International receiving an amount if EUR/USD foreign exchange rate is over 1.25 and paying an amount if EUR/USD foreign exchange rate is under 1.25, expiring 08/24/15 (Underlying vega amount $17,500)		36,963
Variance 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 vega amount $500,000)		(5,158,349	)
Volatility swap with JPMorgan Chase Bank N.A. receiving an amount if the volatility of EUR/USD foreign exchange rate is over 7.40% and paying an amount if the volatility of EUR/USD foreign exchange rate is under 7.40%, expiring 04/08/15 (Underlying vega amount $500,000)		355,886

	Unrealized Appreciation (Depreciation)
Volatility swap with JPMorgan Chase Bank N.A. receiving an amount if the volatility of GBP/USD foreign exchange rate is over 6.90% and paying an amount if the volatility of GBP/USD foreign exchange rate is under 6.90%, expiring 06/01/15 (Underlying vega amount $250,000)	$	190,378
	$	(5,074,793	)

	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)(c)	$	(3,420,982	)
Interest rate swap with JPMorgan Chase Bank N.A. 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)		(2,232,359	)
Interest rate swap with JPMorgan Chase Bank N.A. 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)		(3,460,888	)
Variance swap with Goldman Sachs International paying variance of GBP/EUR foreign exchange rate over 47.61 and receiving variance of GBP/EUR foreign exchange rate under 47.61, expiring 08/24/15 (Underlying vega amount $17,500)		(794,537	)
Variance swap with JPMorgan Chase Bank N.A. paying variance of the PSI 20 Index over the target volatility of 4,892.067 and receiving variance of the PSI 20 Index under the target volatility of 4,892.067, expiring 03/20/15 (Underlying notional amount $24,475,011)		1,427,399

	Unrealized Appreciation/ (Depreciation)
Variance swap with JPMorgan Chase Bank N.A. 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)	$	6,183,030
Variance swap with JPMorgan Chase Bank N.A. 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 amount $500,000)		4,444,580
	$	2,146,243

At January 31, 2015, the Strategic Oportunities Fund held investments in restricted securities with a fair value of $1,200,000 or 0.02% of net assets, as follows:

Acquisition Cost			Issuer		Acquisition Date		01/31/15 Carrying Value Per Unit
$	12,125,000		ShengdaTech, Inc., Cnv.(b)(c)(d)(e)(i)		01/19/11		$	10.00

(a)	Cost for federal income tax purposes is $5,768,728,277 and net unrealized appreciation of investments is as follows:

Unrealized appreciation	$	221,578,672
Unrealized depreciation		(164,825,932	)
Net unrealized appreciation	$	56,752,740

(b)	Non-income producing security.
(c)	This security is considered either fully or partially illiquid. These securities, or portions thereof have a value of $98,954,066 or 1.72% 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 (i) below) that amount to $39,948,791 or 0.70% 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 $3,761,997, which is 0.07% of net assets.
(e)	Issuer filed for bankruptcy and/or is in default of interest payments.
(f)	Security offered and sold outside of the United States, and thus is exempt from registration under Regulation S of the Securities Act of 1933. These securities have been deemed liquid under guidelines approved by the Fund’s Board of Directors.
(g)	Principal amount denoted in Singapore Dollars.

(h)	Zero coupon bond. The rate represents the yield at time of purchase.
(i)	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 $360,467,086, which is 6.28% 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.
(j)	Principal amount denoted in Euros.
(k)	Investment in non-U.S. Dollars. Principal amount reflects local currency.
(l)	Variable rate security. Rate shown is the rate as of January 31, 2015.
(m)	Principal amount denoted in British Pounds.
(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, 2015.
(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.

CAD — Canadian Dollar

CLO — Collateralized Loan Obligation

Cnv. — Convertible

ETF — Exchange Traded Fund

EUR — Euro

FOR — Foreign Ownership Restrictions

GBP — United Kingdom Pound

JPY — Japanese Yen

LIBOR — London Interbank Offered Rate

MXN — Mexican Peso

MYR — Malaysian Ringgit

REIT — Real Estate Investment Trust

SDR — Swedish Depository Receipt

STEP — Step Coupon Bond

Portfolio diversification by Sector (Unaudited)
Sector	Percentage of Net Assets
Asset-Backed Securities		6.1	%
Banks		1.0	%
Collateralized Mortgage Obligations		12.2	%
Commercial Mortgage-Backed Securities		1.0	%
Consumer Discretionary		2.7	%
Consumer Staples		2.5	%
Diversified Financials		1.3	%
Energy		1.7	%
Government Bonds		4.2	%
Health Care		3.7	%
Industrials		3.0	%
Information Technology		2.3	%
Insurance		1.1	%
Materials		1.2	%
Real Estate		0.9	%
Telecommunication Services		1.3	%
U.S. Government Agencies and Securities		43.4	%
Utilities		1.2	%
Other*		9.2	%
		100.0	%

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

Shares			Value
COMMON STOCKS — 22.9%
UNITED KINGDOM — 1.2%
Energy — 1.2%
	1,000,000	Tullow Oil Plc	$	5,497,652
UNITED STATES — 21.7%
Consumer Discretionary — 2.9%
	950,000	TRI Pointe Homes, Inc.(b)		13,613,500
Consumer Staples — 2.6%
	265,000	Archer-Daniels-Midland Co.		12,356,950
Energy — 8.5%
	140,000	Chevron Corp.		14,354,200
	192,000	Exxon Mobil Corp.		16,784,640
	750,000	Peabody Energy Corp.		4,672,500
	100,000	Range Resources Corp.		4,627,000
				40,438,340
Materials — 4.6%
	185,000	Monsanto Co.		21,826,300
Real Estate — 3.1%
	410,000	Weyerhaeuser Co., REIT(b)		14,698,500
				102,933,590
Total Common Stocks (Cost $123,639,446)				108,431,242
EXCHANGE TRADED FUNDS — 5.2%
UNITED STATES — 5.2%
	970,000	iShares U.S. Home Construction ETF		24,579,800
Total Exchange Traded Funds (Cost $22,377,080)				24,579,800

Number of Coins
COLLECTIBLE COINS — 5.3%
UNITED STATES — 5.3%
	13	Various Collectible Coins and Sets of Coins(c)		25,295,484
Total Collectible Coins (Cost $24,913,897)				25,295,484

Fine Troy Ounces
COMMODITIES — 8.1%
UNITED STATES — 8.1%
	29,985	Gold Bullion		38,494,504
Total Commodities (Cost $27,728,889)				38,494,504

Contracts			Value
CALL OPTIONS PURCHASED — 0.1%
Commodities — 0.1%
	52	Chicago Mercantile Exchange Live Cattle Futures, Strike $160.00, Expiring 02/03/15	$	3,640
	300	Intercontinental Exchange Coffee C Futures, Strike $300.00, Expiring 02/11/15		3,375
	300	London Metal Exchange Nickel Futures, Strike $25,000.00, Expiring 06/03/15		14,670
	500	London Metal Exchange Nickel Futures, Strike $40,000.00, Expiring 12/02/15		6,480
	750	New York Mercantile Exchange Henry Hub Natural Gas Futures, Strike $3.25, Expiring 02/24/15		167,250
	500	New York Mercantile Exchange Henry Hub Natural Gas Futures, Strike $4.00, Expiring 02/24/15		12,000
	100	Singapore Exchange Asiaclear Iron Ore Futures, Strike $80.00, Expiring 01/29/16		4,400
	100	Singapore Exchange Asiaclear Iron Ore Futures, Strike $80.00, Expiring 02/29/16		5,200
	100	Singapore Exchange Asiaclear Iron Ore Futures, Strike $80.00, Expiring 03/31/16		6,100
	2,000	Singapore Exchange Asiaclear Iron Ore Futures, Strike $80.00, Expiring 04/30/15		14,000
	100	Singapore Exchange Asiaclear Iron Ore Futures, Strike $80.00, Expiring 04/30/16		6,700
	2,000	Singapore Exchange Asiaclear Iron Ore Futures, Strike $80.00, Expiring 05/29/15		28,000
	100	Singapore Exchange Asiaclear Iron Ore Futures, Strike $80.00, Expiring 05/31/16		7,600
	2,000	Singapore Exchange Asiaclear Iron Ore Futures, Strike $80.00, Expiring 06/30/15		44,000
	100	Singapore Exchange Asiaclear Iron Ore Futures, Strike $80.00, Expiring 06/30/16		8,500
	100	Singapore Exchange Asiaclear Iron Ore Futures, Strike $80.00, Expiring 07/31/16		9,500
	100	Singapore Exchange Asiaclear Iron Ore Futures, Strike $80.00, Expiring 08/31/16		10,500
	100	Singapore Exchange Asiaclear Iron Ore Futures, Strike $80.00, Expiring 09/30/16		11,300

Contracts			Value
Commodities (continued)
	100	Singapore Exchange Asiaclear Iron Ore Futures, Strike $80.00, Expiring 10/31/16	$	12,400
	100	Singapore Exchange Asiaclear Iron Ore Futures, Strike $80.00, Expiring 11/30/16		13,300
	100	Singapore Exchange Asiaclear Iron Ore Futures, Strike $80.00, Expiring 12/31/16		14,200
Total Call Options Purchased (Cost $4,758,591)				403,115

Principal Amount
ASSET-BACKED SECURITIES — 7.2%
UNITED STATES — 7.2%
$	35,000,000	GCO Education Loan Funding Trust, Series 2003-2, Class A5AR, 1.97%, 09/01/40(d)		34,300,000
Total Asset-Backed Securities (Cost $34,186,160)				34,300,000
U.S. GOVERNMENT AGENCIES — 47.1%
Federal Home Loan Bank — 47.1%
	13,960,000	0.06%, 02/04/15(e)		13,959,953
	10,000,000	0.07%, 02/04/15(e)		9,999,978
	1,700,000	0.05%, 02/06/15(e)		1,699,990
	950,000	0.05%, 02/09/15(e)		949,990
	18,000,000	0.06%, 02/09/15(e)		17,999,808
	9,000,000	0.06%, 02/09/15(e)		8,999,895
	2,850,000	0.07%, 02/09/15(e)		2,849,978
	600,000	0.05%, 02/10/15(e)		599,993
	5,000,000	0.05%, 02/11/15(e)		4,999,938
	550,000	0.06%, 02/13/15(e)		549,990
	17,000,000	0.06%, 02/13/15(e)		16,999,740
	23,000,000	0.07%, 02/13/15(e)		22,999,543
	2,550,000	0.06%, 02/17/15(e)		2,549,942
	7,150,000	0.03%, 02/18/15(e)		7,149,905
	11,000,000	0.05%, 02/18/15(e)		10,999,756
	47,200,000	0.05%, 03/03/15(e)		47,197,909
	14,000,000	0.05%, 03/04/15(e)		13,999,475
	11,065,000	0.04%, 03/19/15(e)		11,064,447
	27,935,000	0.05%, 04/01/15(e)		27,933,100
Total U.S. Government Agencies (Cost $223,502,979)				223,503,330

Shares
CASH SWEEP — 1.0%
	4,614,355	Citibank - US Dollars on Deposit in Custody Account, 0.02%(f)		4,614,355
Total Cash Sweep (Cost $4,614,355)				4,614,355

			Value
TOTAL INVESTMENTS — 96.9% (Cost $465,721,397)(a)			$	459,621,830

OTHER ASSETS IN EXCESS OF LIABILITIES — 3.1%				14,468,374
NET ASSETS — 100.0%			$	474,090,204

FUTURES CONTRACTS: SHORT POSITIONS

Contracts			Unrealized Appreciation/ (Depreciation)
	270	London Metal Exchange Copper, June 2015	$	4,012,790
	250	Intercontinental Exchange Brent Crude Oil, December 2017		(5,297,500	)
		Net unrealized depreciation	$	(1,284,710	)

FUTURES CONTRACTS: LONG POSITIONS

Contracts			Unrealized Appreciation/ (Depreciation)
	2,000	Intercontinental Exchange Brent Crude Oil, March 2015	$	(2,372,500	)
	280	New York Mercantile Exchange Natural Gas, March 2015		(2,509,260	)
	60	New York Mercantile Exchange Palladium, March 2015		(105,407	)
	360	London Metal Exchange Nickel, April 2015		1,525,221
	330	London Metal Exchange Zinc, April 2015		624,750
	80	New York Mercantile Exchange Platinum, April 2015		112,169
	200	Intercontinental Exchange Brent Crude Oil, June 2015		(586,000	)
	500	London Metal Exchange Copper, June 2015		(15,531,063	)
	250	Intercontinental Exchange Brent Crude Oil, December 2015		(667,500	)
	300	Singapore Exchange Asiaclear Iron Ore, January 2016		(258,250	)
	10	Intercontinental Exchange Rotterdam Coal, January 2016		(99,000	)
	300	Singapore Exchange Asiaclear Iron Ore, February 2016		(258,250	)
	10	Intercontinental Exchange Rotterdam Coal, February 2016		(99,000	)
	300	Singapore Exchange Asiaclear Iron Ore, March 2016		(258,250	)
	10	Intercontinental Exchange Rotterdam Coal, March 2016		(99,000	)
	300	Singapore Exchange Asiaclear Iron Ore, April 2016		(263,350	)
	10	Intercontinental Exchange Rotterdam Coal, April 2016		(97,500	)
	300	Singapore Exchange Asiaclear Iron Ore, May 2016		(263,350	)

FUTURES CONTRACTS: LONG POSITIONS (Continued)

Contracts			Unrealized Appreciation/ (Depreciation)
	10	Intercontinental Exchange Rotterdam Coal, May 2016	$	(97,500	)
	300	Singapore Exchange Asiaclear Iron Ore, June 2016		(263,350	)
	10	Intercontinental Exchange Rotterdam Coal, June 2016		(97,500	)
	300	Singapore Exchange Asiaclear Iron Ore, July 2016		(260,650	)
	10	Intercontinental Exchange Rotterdam Coal, July 2016		(95,500	)
	300	Singapore Exchange Asiaclear Iron Ore, August 2016		(260,650	)
	10	Intercontinental Exchange Rotterdam Coal, August 2016		(95,500	)
	300	Singapore Exchange Asiaclear Iron Ore, September 2016		(260,650	)
	10	Intercontinental Exchange Rotterdam Coal, September 2016		(95,500	)
	300	Singapore Exchange Asiaclear Iron Ore, October 2016		(257,950	)
	10	Intercontinental Exchange Rotterdam Coal, October 2016		(94,000	)
	300	Singapore Exchange Asiaclear Iron Ore, November 2016		(257,950	)
	10	Intercontinental Exchange Rotterdam Coal, November 2016		(94,000	)
	300	Singapore Exchange Asiaclear Iron Ore, December 2016		(257,950	)
	10	Intercontinental Exchange Rotterdam Coal, December 2016		(94,000	)
	150	Singapore Exchange Asiaclear Iron Ore, January 2017		(147,250	)
	150	Singapore Exchange Asiaclear Iron Ore, February 2017		(147,250	)
	150	Singapore Exchange Asiaclear Iron Ore, March 2017		(147,250	)
	150	Singapore Exchange Asiaclear Iron Ore, April 2017		(147,250	)
	150	Singapore Exchange Asiaclear Iron Ore, May 2017		(147,250	)
	150	Singapore Exchange Asiaclear Iron Ore, June 2017		(147,250	)
	150	Singapore Exchange Asiaclear Iron Ore, July 2017		(147,250	)
	150	Singapore Exchange Asiaclear Iron Ore, August 2017		(147,250	)
	150	Singapore Exchange Asiaclear Iron Ore, September 2017		(147,250	)
	150	Singapore Exchange Asiaclear Iron Ore, October 2017		(147,250	)
	150	Singapore Exchange Asiaclear Iron Ore, November 2017		(147,250	)
	250	Intercontinental Exchange Brent Crude Oil, December 2017		(1,415,000	)

FUTURES CONTRACTS: LONG POSITIONS (Continued)

Contracts			Unrealized Appreciation/ (Depreciation)
	150	Singapore Exchange Asiaclear Iron Ore, December 2017	$	(147,250	)
		Net unrealized depreciation	$	(26,970,190	)

	Unrealized Depreciation
SWAP AGREEMENTS (PURCHASED)

Commodity Index Swap Agreement with Cargill, Inc. based on the Chicago Board of Trade Corn Index (“CBOT”) paying a fixed amount per bushel and receiving the closing settlement price of CBOT March 2015 Corn Futures contracts on the termination date, expiring 02/24/15 (Underlying notional amount $39,043,287)	$	(2,968,287	)
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 2015 Lean Hogs Futures contracts on the termination date, expiring 02/10/15 (Underlying notional amount $8,902,757)		(2,155,257	)
Commodity Index Swap Agreement with Cargill, Inc. based on the Chicago Mercantile Exchange (“CME”) Live Cattle Index, paying a fixed amount per pound and receiving the closing settlement price of CME June 2015 Live Cattle Futures contracts on the termination date, expiring 06/03/15 (Underlying notional amount $15,145,679)		(46,829	)
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 March 2015 Cotton Futures contracts on the termination date, expiring 02/18/15 (Underlying notional amount $4,806,776)		(57,976	)
	$	(5,228,349	)

(a)	Cost for federal income tax purposes is $468,300,128 and net unrealized depreciation of investments is as follows:

Unrealized appreciation	$	17,880,737
Unrealized depreciation		(26,559,035	)
Net unrealized depreciation	$	(8,678,298	)

(b)	Non-income producing security.
(c)	This security is considered either fully or partially illiquid. These securities, or portions thereof have a value of $25,295,484 or 5.34% of net assets.
(d)	Variable rate security. Rate shown is the rate as of January 31, 2015.
(e)	The rate represents the annualized yield at time of purchase.
(f)	Rate shown represents current yield at January 31, 2015.

REIT — Real Estate Investment Trust

Portfolio diversification by Sector (Unaudited)
	Percentage
Sector	of Net Assets
Asset-Backed Securities		7.2	%
Collectible Coins		5.3	%
Commodities		8.1	%
Consumer Discretionary		2.9	%
Consumer Staples		2.6	%
Energy		9.7	%
Materials		4.6	%
Real Estate		3.1	%
U.S. Government Agencies and Securities		47.1	%
Other*		9.4	%
		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 — 43.2%
Banks — 8.8%
$	3,800,000	Bank of America NA, 1.25%, 02/14/17	$	3,801,509
	3,000,000	Bank of Montreal, 2.63%, 01/25/16(b)		3,063,381
	1,000,000	Canadian Imperial Bank of Commerce Canada, 2.60%, 07/02/15(b)		1,008,811
	5,000,000	Commonwealth Bank of Australia, 1.13%, 03/13/17		5,007,755
	2,000,000	Commonwealth Bank of Australia, 2.25%, 03/16/17(b)		2,051,054
	2,340,000	Credit Suisse New York MTN, 3.50%, 03/23/15		2,340,921
	1,350,000	Deutsche Bank AG, 3.25%, 01/11/16		1,379,777
	12,295,000	JPMorgan Chase & Co. MTN, 1.37%, 09/22/15(c)		12,357,975
	6,125,000	KFW, 1.25%, 02/15/17		6,197,937
	3,900,000	Toronto-Dominion Bank (The) - MTN, 0.80%, 04/30/18(c)		3,916,470
	10,000,000	Wells Fargo & Co., 1.25%, 07/20/16		10,064,490
				51,190,080
Consumer Discretionary — 1.5%
	2,000,000	Cargill, Inc., 1.90%, 03/01/17(b)		2,027,978
	2,000,000	Hyundai Capital America, 1.45%, 02/06/17(b)		1,999,800
	3,000,000	Walt Disney Co. (The), 0.88%, 05/30/17		3,003,777
	1,820,000	Whirlpool Corp., 1.65%, 11/01/17		1,835,022
				8,866,577
Consumer Staples — 3.3%
	11,900,000	Anheuser-Busch Inbev Worldwide Inc, 1.38%, 07/15/17		12,004,684
	4,000,000	Coca-Cola Co. (The), 1.80%, 09/01/16		4,079,244
	3,000,000	CVS Health Corp., 1.20%, 12/05/16		3,025,932
				19,109,860
Diversified Financials — 9.3%
	3,520,000	American Express Credit Corp. MTN, 2.38%, 03/24/17		3,620,253

Principal
Amount			Value
Diversified Financials (continued)
$	1,000,000	American Honda Finance Corp., 2.50%, 09/21/15(b)	$	1,013,174
	1,000,000	American Honda Finance Corp., 2.13%, 02/28/17(b)		1,021,303
	3,000,000	Daimler Finance North America LLC, 2.63%, 09/15/16(b)		3,078,807
	1,000,000	Daimler Finance North America LLC, 1.38%, 08/01/17(b)		1,002,467
	10,800,000	Ford Motor Credit Co. LLC, 3.00%, 06/12/17		11,126,473
	9,325,000	General Electric Capital Corp, 2.90%, 01/09/17		9,701,189
	950,000	General Electric Capital Corp. MTN, 3.50%, 06/29/15		962,329
	1,400,000	General Electric Capital Corp. MTN, 2.30%, 04/27/17		1,440,977
	3,000,000	Goldman Sachs Group, Inc. (The), 3.30%, 05/03/15		3,020,898
	3,000,000	Goldman Sachs Group, Inc. (The), 3.63%, 02/07/16		3,079,671
	12,000,000	Morgan Stanley, 1.75%, 02/25/16		12,082,416
	1,000,000	Synchrony Financial, 1.88%, 08/15/17		1,004,323
	1,775,000	Toyota Motor Credit Corp. MTN, 1.13%, 05/16/17		1,783,997
				53,938,277
Energy — 1.3%
	3,000,000	Cameron International Corp., 1.15%, 12/15/16		2,963,307
	1,700,000	Occidental Petroleum Corp, 1.75%, 02/15/17		1,723,154
	1,000,000	Schlumberger Investment SA, 1.25%, 08/01/17(b)		1,000,129
	1,000,000	Schlumberger Norge AS, 1.95%, 09/14/16(b)		1,019,177
	1,000,000	Transcanada Pipelines Ltd., 1.88%, 01/12/18		1,007,641
				7,713,408
Health Care — 4.2%
	4,895,000	Cigna Corp., 2.75%, 11/15/16		5,043,999
	3,000,000	Express Scripts Holding Co., 1.25%, 06/02/17		2,994,498
	2,000,000	Johnson & Johnson, 1.13%, 11/21/17		2,010,544

Principal
Amount			Value
Health Care (continued)
$	500,000	Medco Health Solutions, Inc., 2.75%, 09/15/15	$	505,722
	4,000,000	Merck & Co., Inc., 0.59%, 05/18/18(c)		4,005,236
	5,000,000	Takeda Pharmaceutical Co. Ltd., 1.63%, 03/17/17(b)		5,055,865
	1,000,000	UnitedHealth Group, Inc., 1.40%, 10/15/17		1,007,411
	3,950,000	Unitedhealth Group, Inc., 1.40%, 12/15/17		3,990,626
				24,613,901
Industrials — 0.7%
	3,500,000	3M Co. MTN, 1.00%, 06/26/17		3,520,713
	218,108	Federal Express Corp. 2012 Pass Through Trust, 2.63%, 01/15/18(b)		222,172
	188,000	Tyco International Finance SA, 3.38%, 10/15/15		191,136
				3,934,021
Information Technology — 5.6%
	3,000,000	Alibaba Group Holding Ltd., 1.63%, 11/28/17(b)		2,991,345
	10,000,000	Apple, Inc., 0.50%, 05/03/18(c)		10,000,000
	5,000,000	Cisco Systems, Inc., 1.10%, 03/03/17		5,037,080
	2,150,000	Fiserv, Inc., 3.13%, 06/15/16		2,211,125
	10,500,000	Hewlett-Packard Co., 2.35%, 03/15/15		10,515,363
	1,900,000	National Semiconductor Corp., 6.60%, 06/15/17		2,144,576
				32,899,489
Insurance — 2.1%
	3,990,000	Berkshire Hathaway Finance Corp., 2.45%, 12/15/15		4,061,397
	5,000,000	New York Life Global Funding, 1.65%, 05/15/17(b)		5,074,200
	3,000,000	New York Life Global Funding, 1.45%, 12/15/17(b)		3,025,665
				12,161,262
Materials — 1.6%
	1,005,000	Airgas, Inc., 2.95%, 06/15/16		1,029,625
	8,000,000	Rio Tinto Finance USA Plc, 2.00%, 03/22/17		8,137,736
				9,167,361

Principal
Amount			Value
Telecommunication Services — 3.7%
$	4,000,000	America Movil Sab de CV, 2.38%, 09/08/16	$	4,076,120
	12,000,000	NBC Universal Media LLC, 2.88%, 04/01/16		12,321,648
	5,000,000	Verizon Communications, Inc., 1.35%, 06/09/17		4,994,210
				21,391,978
Utilities — 1.1%
	5,000,000	Consolidated Edison Co. of New York, Inc., 5.38%, 12/15/15		5,206,980
	1,000,000	Duke Energy Corp., 1.63%, 08/15/17		1,010,058
				6,217,038
Total Corporate Bonds (Cost $249,583,131)				251,203,252
ASSET-BACKED SECURITIES — 6.3%
CAYMAN ISLANDS — 3.9%
	8,500,000	Anchorage Capital CLO Ltd., Series 2013-1A, Class 1A, 1.44%, 07/13/25(b)(c)		8,430,130
	2,500,000	BlueMountain CLO Ltd., Series 2005-1A, Class B, 0.70%, 11/15/17(b)(c)		2,498,850
	3,000,000	Gallatin CLO III Ltd. Series 2007-1A, Class A2L, 0.57%, 05/15/21(b)(c)		2,937,180
	6,000,000	OCP CLO Ltd., Series 2013-4A, Class A1A, 1.66%, 10/24/25(b)(c)		5,983,020
	1,297,857	Sapphire Valley CDO I Ltd. Series 2006-1A, Class A, 0.52%, 12/15/22(b)(c)		1,285,184
	1,546,830	Vitesse CLO Ltd., Series 2006-1A, Class A1L, 0.48%, 08/17/20(b)(c)		1,540,720
				22,675,084
UNITED STATES — 2.4%
	2,500,000	Ally Auto Receivables Trust Series 2014-1, Class A3, 0.97%, 10/15/18		2,506,525
	2,000,000	AmeriCredit Automobile Receivables Trust Series 2014-2, Class A3, 0.94%, 02/08/19		2,005,870
	1,185,276	Black Diamond CLO Ltd., Series 2005-1X, Class A1, 0.52%, 06/20/17(c)		1,184,054
	2,500,000	Fifth Third Auto Trust Series 2014-2, Class A3, 0.89%, 11/15/18		2,502,598

Principal
Amount			Value
UNITED STATES (continued)
$	2,050,000	Mercedes-Benz Auto Receivables Trust Series 2014-1, Class A3, 0.87%, 10/15/18	$	2,046,597
	2,000,000	Toyota Auto Receivables Owner Trust Series 2014-B, Class A4, 1.31%, 09/16/19		2,009,172
	2,000,000	World Omni Automobile Lease Securitization Trust, Series 2014-A, Class A3, 1.16%, 09/15/17		2,009,846
				14,264,662
Total Asset-Backed Securities (Cost $36,889,746)				36,939,746
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		4,360,395
District Of Columbia — 0.4%
	1,000,000	District of Columbia Build America Bonds GO 3.64%, 06/01/15		1,010,130
	1,310,000	District of Columbia Build America Bonds GO 4.16%, 06/01/16		1,365,806
				2,375,936
Georgia — 0.5%
	3,085,000	State of Georgia Taxable School Improvement GO, Series C-3 2.59%, 10/01/17		3,191,895
Illinois — 0.5%
	2,600,000	State of Illinois Public Improvements Revenue Bonds 1.56%, 06/15/17		2,618,408
Maryland — 0.0%
	180,000	State of Maryland Recreational Facility Improvements COP, Series A 2.92%, 09/01/15		182,335
Michigan — 0.2%
	1,095,000	University of Michigan University and College Improvement Build America Revenue Bonds 1.75%, 04/01/15		1,097,628

Principal
Amount			Value
Minnesota — 0.1%
$	40,000	Duluth Independent School District No. 709 Build America Bonds COP (School District Credit) 3.50%, 02/01/15	$	39,999
	605,000	Duluth Independent School District No. 709 Build America Bonds COP (School District Credit) 4.00%, 02/01/16		618,056
				658,055
New Jersey — 1.6%
	1,500,000	County of Monmouth Build America Bonds GO 3.75%, 11/01/16		1,577,970
	1,000,000	Morris County Improvement Authority Renewable Energy Revenue Bonds (County Guaranty) 1.90%, 06/15/15		1,005,039
	100,000	Morris County Improvement Authority Renewable Energy Revenue Bonds (County Guaranty) 2.27%, 06/15/16		102,133
	2,050,000	New Jersey Economic Development Authority Refunding Revenue Bonds 3.50%, 06/15/15		2,071,259
	4,600,000	New Jersey Economic Development Authority School Facilities Construction Refunding Revenue Bonds, Series Q 1.10%, 06/15/16		4,592,916
				9,349,317
New York — 0.5%
	2,520,000	Metropolitan Transportation Authority Highway Toll Build America Revenue Bonds 4.28%, 11/15/16		2,652,552
	110,000	New York State Dormitory Authority University & College Improvement Revenue Bonds, Series G 2.83%, 03/15/16		112,773
				2,765,325
Ohio — 0.4%
	2,115,000	Ohio State Build America Revenue Bonds, Series 2 3.64%, 06/15/16		2,198,162
Total Municipal Bonds (Cost $28,247,357)				28,797,456

Principal
Amount			Value
COLLATERALIZED MORTGAGE OBLIGATIONS — 0.4%

$	2,558,235	JPMorgan Tax Exempt Pass Through Trust, Series 2012-AMT1, Class A, 3.00%, 01/27/38(b)	$	2,586,763
Total Collateralized Mortgage Obligations (Cost $2,617,767)				2,586,763
U.S. GOVERNMENT AGENCIES — 7.9%
AID-EGYPT — 0.2%
	1,000,000	4.45%, 09/15/15		1,025,629
				1,025,629
Fannie Mae — 3.9%
	2,200,000	5.00%, 02/13/17		2,395,554
	10,000,000	1.00%, 09/27/17		10,052,150
	10,000,000	0.88%, 12/20/17		10,004,490
				22,452,194
Freddie Mac — 1.3%
	7,400,000	1.00%, 03/08/17		7,460,554
				7,460,554
Ginnie Mae — 0.0%
	289	9.00%, 02/15/20		290
				290
Overseas Private Investment Corp. — 1.4%
	7,060,925	5.14%, 12/15/23		7,906,110
				7,906,110
Private Export Funding Corp. — 0.3%
	1,400,000	4.95%, 11/15/15		1,447,655
	500,000	2.25%, 12/15/17		516,157
				1,963,812
Small Business Administration — 0.7%
	727,580	4.73%, 02/10/19		779,222
	1,088,914	4.11%, 03/10/20		1,151,042
	2,020,003	4.08%, 03/10/21		2,149,714
				4,079,978
Tennessee Valley Authority — 0.1%
	725,000	6.25%, 12/15/17		830,377
				830,377
Total U.S. Government Agencies (Cost $44,463,248)				45,718,944

Principal
Amount			Value
U.S. GOVERNMENT SECURITIES — 36.1%
U.S. Treasury Bonds — 3.8%
$	20,540,000	0.63%, 01/15/24(d)	$	21,902,458
U.S. Treasury Notes — 32.3%
	2,100,000	0.75%, 03/15/17		2,110,336
	12,500,000	0.75%, 02/28/18		12,475,588
	103,526,000	1.88%, 11/30/21		106,170,779
	63,615,000	2.38%, 08/15/24		67,571,090
Total U.S. Government Securities (Cost $202,819,569)				210,230,251
GOVERNMENT BONDS — 0.5%
GERMANY — 0.2%
	1,000,000	Norddeutsche Landesbank Girozentrale, 0.88%, 10/16/15(b)		1,002,339
SOUTH KOREA — 0.3%
	500,000	Export-Import Bank of Korea, 1.25%, 11/20/15		501,465
	1,400,000	Export-Import Bank of Korea, 4.00%, 01/11/17		1,471,425
				1,972,890
Total Government Bonds (Cost $2,898,018)				2,975,229

Shares
INVESTMENT COMPANY — 0.2%
	1,339,400	SEI Daily Income Trust Government II Fund, Class A, 0.01%(e)		1,339,400
Total Investment Company (Cost $1,339,400)				1,339,400

	Value
TOTAL INVESTMENTS — 99.6% (Cost $568,858,236)(a)	$	579,791,041

OTHER ASSETS IN EXCESS OF LIABILITIES — 0.4%		2,266,697
NET ASSETS — 100.0%	$	582,057,738

(a)	Cost for federal income tax purposes is $568,858,236 and net unrealized appreciation of investments is as follows:

Unrealized appreciation.	$	11,119,802
Unrealized depreciation.		(186,997	)
Net unrealized appreciation	$	10,932,805


(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 $60,919,514, which is 10.81% of net assets.
(c)	Variable rate security. Rate shown is the rate as of January 31, 2015.
(d)	Inflation protected security. Principal amount reflects original security face amount.

(e)	Rate shown represents current yield at January 31, 2015.

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)

	Percentage
Sector	of Net Assets
U.S. Government Agencies and Securities		44.0	%
Corporate Bonds		43.2
Municipal Bonds		5.0
Government Bonds		0.5
Asset Backed Securities		6.3
Collateralized Mortgage Obligations		0.4
Other*		0.6
		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 — 96.7%
Alabama — 1.6%
$	5,000,000	Alabama Federal Aid Highway Finance Authority Revenue Bonds, 5.00%, 09/01/20	$	5,947,250
	3,030,000	City of Huntsville School Capital Improvements Warrants Refunding GO, 5.00%, 09/01/22		3,776,834
	2,990,000	City of Huntsville School Capital Improvements Warrants Refunding GO, 5.00%, 09/01/24		3,812,938
	3,660,000	City of Huntsville School Capital Improvements Warrants Refunding GO, 5.00%, 09/01/26		4,678,432
	1,500,000	City of Huntsville Warrants Refunding GO, Series A, 5.00%, 08/01/26		1,914,075
				20,129,529
Arizona — 1.0%
	2,095,000	Arizona Department of Transportation State Highway Fund Refunding Revenue Bonds, 5.00%, 07/01/25		2,652,081
	2,000,000	Arizona Department of Transportation State Highway Fund Refunding Revenue Bonds, Sub-series A, 5.00%, 07/01/21		2,428,880
	350,000	Arizona State Board of Regents Revenue Bonds, Series 2008-C, OID, 5.88%, 07/01/24		407,033
	2,010,000	Arizona State Board of Regents Revenue Bonds, Series C, 5.00%, 07/01/17		2,214,518
	1,000,000	County of Pinal Refunding Revenue Bonds, 5.00%, 08/01/25		1,240,610
	200,000	Maricopa County Community College District GO, Series C, 5.00%, 07/01/20		235,645
	2,875,000	Phoenix Civic Improvement Corp. Refunding Revenue Bonds, 5.00%, 07/01/20		3,452,099
				12,630,866

Principal
Amount			Value
Arkansas — 0.1%
$	590,000	Fayetteville School District No 1 Refunding GO (State Aid Withholding), 2.00%, 06/01/16	$	603,647
	910,000	Rogers School District No 30 Refunding GO (State Aid Withholding), 3.00%, 02/01/16		935,043
				1,538,690
California — 3.4%
	3,000,000	Antelope Valley Community College District Refunding GO, Series A, 5.00%, 08/01/24		3,840,180
	2,000,000	California State Public Works Board Correctional Facilities Improvements Revenue Bonds, Series D, 5.00%, 09/01/24		2,508,560
	1,750,000	City & County of San Francisco Courthouse Project Refunding COP, 5.00%, 04/01/16		1,845,235
	1,155,000	City & County of San Francisco Juvenile Hall Project Refunding COP, 5.00%, 04/01/16		1,217,855
	9,250,000	Los Angeles Community College District Refunding GO, Series A, 5.00%, 08/01/23		11,771,550
	1,035,000	Los Rios Community College District 2002 Election GO, Series D, 5.25%, 08/01/23		1,219,748
	8,000,000	State of California Refunding GO Notes, 5.00%, 10/01/25		10,082,160
	10,000,000	State of California Refunding GO, Series A, (State GTY), 5.00%, 07/01/22		10,699,700
				43,184,988
Colorado — 1.0%
	500,000	Adams & Weld Counties School District No 27J Brighton Co. Refunding Revenue Bonds, Series A, (State Aid Withholding), 5.00%, 12/01/19		592,935
	3,935,000	Colorado Higher Education Refunding COP, Series A, 5.00%, 11/01/24		5,003,038

Principal
Amount			Value
Colorado (continued)
$	450,000	Denver City & County School District No 1 Refunding GO, Series C (State Aid Withholding), 5.00%, 12/01/23	$	568,679
	2,000,000	El Paso County School District No 38 Lewis-Palmer Refunding GO (State Aid Withholding), 4.00%, 12/01/17		2,170,780
	1,180,000	Jefferson County School District GO, Series R-1, (State Aid Withholding), 5.00%, 12/15/22		1,482,269
	490,000	Jefferson County School District GO, Series R-1, (State Aid Withholding), 5.00%, 12/15/23		610,589
	1,600,000	University of Colorado Refunding Revenue Bonds, Series A (NATL-RE), 4.50%, 06/01/21		1,733,376
	370,000	University of Northern Colorado Refunding Revenue Bonds, Series A (State Higher Education Intercept Program), 3.00%, 06/01/16		383,250
				12,544,916
Connecticut — 2.5%
	8,000,000	State of Connecticut Special Tax Transportation Infrastructure Refunding Revenue Bonds, 5.00%, 09/01/25		10,018,480
	2,000,000	State of Connecticut Transportation Infrastructure Refunding Revenue Bonds, 5.00%, 09/01/24		2,514,500
	8,000,000	State of Connecticut Transportation Infrastructure Revenue Bonds, Series A, 5.00%, 10/01/19		9,396,960
	2,000,000	State of Connecticut Transportation Infrastructure Revenue Bonds, Series A, 5.00%, 09/01/25		2,504,620
	5,000,000	State of Connecticut Transportation Infrastructure Revenue Bonds, Series A, 5.00%, 09/01/27		6,163,850
	1,000,000	University of Connecticut University and College Improvements Revenue Bonds, Series A, 3.00%, 02/15/16		1,028,710
				31,627,120

Principal
Amount			Value
District Of Columbia — 0.5%
$	5,000,000	District of Columbia Public Improvement Revenue Bonds, Series C, 5.00%, 12/01/19	$	5,919,000
	1,000,000	District of Columbia Refunding Revenue Bonds, Series A, 5.00%, 12/01/20		1,210,650
				7,129,650
Florida — 3.1%
	800,000	City of Orlando Stadiums and Arenas Revenue Bonds, Series A, 5.00%, 11/01/23		1,004,720
	4,000,000	County of Miami-Dade Refunding GO, Series B, 5.00%, 07/01/24		5,075,480
	1,000,000	County of Sarasota Refunding Revenue Bonds, 5.00%, 10/01/24		1,267,290
	220,000	County of Seminole Special Obligation Public Improvements Revenue Bonds, 4.00%, 10/01/15		225,601
	5,000,000	Florida State Board of Education Lottery Refunding Revenue Bonds, Series A, 5.00%, 07/01/17		5,508,750
	8,575,000	Florida State Board of Education Lottery Revenue Bonds, Series A, OID, 5.50%, 07/01/27		9,947,686
	4,165,000	Florida State Board of Governors Refunding Revenue Bonds, Series A, 5.00%, 07/01/16		4,439,265
	500,000	Florida Water Pollution Control Financing Corp. Water Polution Control Revenue Bonds, Series A, 4.00%, 01/15/17		534,270
	1,065,000	Hillsborough County Community Investment Tax Revenue Bonds, (AMBAC), 5.00%, 11/01/16		1,149,156
	1,200,000	Lee County School Board Refunding COP, 5.00%, 08/01/25		1,469,124
	2,000,000	Miami-Dade County Water & Sewer Refunding Revenue Bonds, (XLCA), 5.00%, 10/01/19		2,216,020
	1,800,000	Miami-Dade County Water & Sewer Refunding Revenue Bonds, Series B, (AGM), 5.25%, 10/01/16		1,942,578

Principal
Amount			Value
Florida (continued)
$	2,000,000	Orlando Utilities Commission Refunding Revenue Bonds, Series A, 5.00%, 10/01/20	$	2,403,600
	500,000	Palm Beach County Revenue Bonds, Series 2, OID, 5.25%, 11/01/25		578,640
	1,975,000	State of Florida Refunding GO, Series A, 4.00%, 01/01/17		2,109,241
				39,871,421
Georgia — 2.0%
	1,000,000	Cobb-Marietta Coliseum & Exhibit Hall Authority Performing Arts Center Project Refunding Revenue Bonds (County GTY), 5.00%, 01/01/19		1,160,030
	1,750,000	Douglas County School District Refunding GO (State Aid Withholding), 4.00%, 04/01/16		1,826,475
	675,000	Floyd County School District School Improvements GO, (State Aid Withholding), 3.00%, 07/01/15		682,958
	970,000	Fulton County Development Authority Georgia Tech Facilities Refunding Revenue Bonds, Series A, 3.00%, 05/01/15		976,722
	395,000	Fulton County Development Authority Georgia Tech Facilities Refunding Revenue Bonds, Series A, 4.00%, 05/01/16		413,150
	375,000	Fulton County Development Authority Georgia Tech Facilities Refunding Revenue Bonds, Series A, 5.00%, 05/01/23		464,254
	1,000,000	Fulton County Water & Sewer Refunding Revenue Bonds, 5.00%, 01/01/18		1,122,960
	1,040,000	Georgia State Road & Tollway Authority Federal Highway Grant Anticipation Refunding Revenue Bonds, Series A, 5.00%, 06/01/17		1,142,690
	1,250,000	Georgia State Road & Tollway Authority Federal Highway Grant Anticipation Revenue Bonds, Series A, 5.00%, 06/01/18		1,412,225

Principal
Amount			Value
Georgia (continued)
$	5,000,000	Georgia State Road & Tollway Authority Highway Improvement Revenue Bonds, Series A, 5.00%, 06/01/20	$	5,814,450
	2,025,000	Georgia State Road & Tollway Authority Refunding Revenue Bonds, Series B, (State GTY), 5.00%, 10/01/19		2,393,753
	630,000	Gwinnett County Development Authority Refunding COP, Gwinnett Development Schools Project, (NATL-RE), 5.25%, 01/01/17		687,141
	500,000	Newton County School District School Improvements GO (State Aid Withholding), 5.00%, 04/01/15		503,930
	1,925,000	State of Georgia Refunding GO, Series E-2, 4.00%, 09/01/18		2,145,990
	2,860,000	State of Georgia Refunding GO, Series E-2, 4.00%, 09/01/19		3,255,109
	1,500,000	State of Georgia School Improvement GO, Series B, 5.00%, 01/01/18		1,689,990
				25,691,827
Hawaii — 0.8%
	1,700,000	Honolulu City & County Board of Water Supply Refunding Revenue Bonds, Series A, 5.00%, 07/01/26		2,122,161
	1,000,000	State of Hawaii Department of Budget & Finance Queens Health System Refunding Revenue Bonds, Series A, 5.00%, 07/01/21		1,203,590
	400,000	State of Hawaii Refunding GO, Series DY, 5.00%, 02/01/18		451,340
	5,000,000	State of Hawaii Refunding GO, Series EP, 5.00%, 08/01/25		6,310,650
				10,087,741
Idaho — 0.1%
	1,500,000	Idaho Board Bank Authority Refunding Revenue Bonds, Series D, 5.00%, 09/15/23		1,862,985

Principal
Amount			Value
Illinois — 1.7%
$	900,000	Chicago Transit Authority Federal Transit Revenue Bonds, (AMBAC), 5.00%, 06/01/21	$	967,311
	1,345,000	City of Champaign Parking Facilities Improvements GO, Series 2008, 5.00%, 12/15/17		1,460,562
	2,215,000	Cook County Community College District No 508 University & College Improvements GO, 5.00%, 12/01/21		2,627,588
	2,575,000	Cook County Community College District No. 524 Moraine Valley GO, Series B, (NATL-RE), 5.00%, 12/01/25		2,874,164
	3,000,000	Illinois State Toll Highway Authority Refunding Revenue Bonds, Series B, 5.00%, 12/01/17		3,360,180
	2,000,000	Metropolitan Water Reclamation District of Greater Chicago Refunding GO, Series D, 5.00%, 12/01/22		2,463,500
	3,500,000	State of Illinois Public Improvement Refunding Revenue Bonds, 5.00%, 06/15/18		3,974,390
	2,500,000	State of Illinois School Improvements GO, 3.00%, 02/01/16		2,557,225
	780,000	University of Illinois College Improvement Refunding Revenue Bonds, Series A, 5.00%, 04/01/21		937,966
				21,222,886
Indiana — 1.9%
	580,000	Anderson School Building Corp., First Mortgage Refunding Revenue Bonds, (AGM, State Aid Withholding), 5.00%, 01/15/16		603,954
	1,050,000	Avon Community School Building Corp., First Mortgage Refunding and Improvement Revenue Bonds, (AMBAC, State Aid Withholding), 5.00%, 07/15/16		1,117,095

Principal
Amount			Value
Indiana (continued)
$	650,000	Avon Community School Building Corp., First Mortgage Refunding and Improvement Revenue Bonds, (AMBAC, State Aid Withholding), 5.00%, 01/15/17	$	699,881
	500,000	Carmel 2002 School Building Corp. Refunding Revenue Bonds, (State Aid Withholding), 5.00%, 07/15/16		533,230
	600,000	Center Grove School Building Corp. First Mortgage Refunding Revenue Bonds, Series A (State Aid Intercept Program), 5.00%, 07/15/20		697,164
	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		703,034
	490,000	East Noble Facilities School Building Corp., First Mortgage Refunding Revenue Bonds, (NATL-RE, State Aid Withholding), 5.00%, 07/15/16		522,712
	510,000	Evansville Vanderburgh Public Library Leasing Corp., First Mortgage Refunding Revenue Bonds, (AMBAC), 5.25%, 07/15/17		521,577
	1,330,000	GCS School Building Corp. One, First Mortgage Refunding Revenue Bonds (State Aid Intercept Program), 5.00%, 01/15/22		1,613,529
	1,350,000	GCS School Building Corp. One, First Mortgage Refunding Revenue Bonds (State Aid Intercept Program), 5.00%, 07/15/22		1,651,928
	1,070,000	Griffith Multi-School Building Corp., First Mortgage Refunding Revenue Bonds, (AGM, State Aid Withholding), 5.00%, 01/15/22		1,090,801
	5,000,000	Indiana Finance Authority Southern Industrial Gas & Electric Refunding Revenue Bonds, Series E, 1.95%, 05/01/37(b)		5,094,800

Principal
Amount			Value
Indiana (continued)
$	500,000	Ivy Tech Community College University & College Improvements Revenue Bonds, Series R-1, 5.00%, 07/01/19	$	577,380
	1,040,000	Pike Township Multi-School Building Corp. School Improvements Revenue Bonds (State Aid Intercept Program), 3.00%, 01/15/16		1,066,842
	1,060,000	Pike Township Multi-School Building Corp. School Improvements Revenue Bonds (State Aid Intercept Program), 3.00%, 07/15/16		1,099,570
	500,000	Plainfield Elementary School Building Corp., First Mortgage Refunding Revenue Bonds, (NATL-RE, School Board Resolution Funding), 5.00%, 07/15/18		532,555
	715,000	Portage Township Multi-School Building Corp., First Mortgage Refunding Revenue Bonds, (NATL-RE, School Board Resolution Funding), 5.00%, 01/15/16		747,254
	735,000	Portage Township Multi-School Building Corp., First Mortgage Refunding Revenue Bonds, (NATL-RE, School Board Resolution Funding), 5.00%, 07/15/16		784,069
	570,000	Portage Township Multi-School Building Corp., First Mortgage Refunding Revenue Bonds, (NATL-RE, School Board Resolution Funding), 5.00%, 07/15/17		626,293
	765,000	Vigo County School Building Corp., First Mortgage Refunding Revenue Bonds, (AGM, State Aid Withholding), 5.00%, 01/10/16		799,004
	1,000,000	Warsaw Multi-School Building Corp. Revenue Bonds, Series B (State Aid Withholding), 5.75%, 07/15/26		1,134,790
	1,020,000	Wayne Township School Building Corp., Marion County First Mortgage Refunding Revenue Bonds, (State Aid Intercept Program), 3.00%, 07/15/15		1,032,526

Principal
Amount			Value
Indiana (continued)
$	895,000	Wayne Township School Building Corp., Marion County First Mortgage Refunding Revenue Bonds, (State Aid Intercept Program), 4.00%, 01/15/16	$	925,690
				24,175,678
Iowa — 0.2%
	1,800,000	Iowa Finance Authority Water Utilities Improvements Revenue Bonds, 5.00%, 08/01/20		2,164,590
Kansas — 0.6%
	1,260,000	Sedgwick County Public Building Commission Technical Education Complex Refunding Revenue Bonds, Series 2, 5.00%, 08/01/23		1,590,901
	2,645,000	Sedgwick County Public Building Commission Technical Education Complex Refunding Revenue Bonds, Series 2, 5.00%, 08/01/24		3,383,114
	2,170,000	Topeka Public Building Commission KBI Forensic Laboratory Project Revenue Bonds, 5.00%, 12/01/17		2,412,432
				7,386,447
Kentucky — 1.3%
	3,500,000	Kentucky Asset Liability Commission Federal Highway Trust First Series Revenue Bonds, 5.00%, 09/01/17		3,872,960
	1,000,000	Kentucky Asset Liability Commission Highway Trust Refunding Revenue Bonds, 5.00%, 09/01/15		1,026,920
	8,185,000	Kentucky Asset Liability Commission Highway Trust Refunding Revenue Bonds, 5.00%, 09/01/16		8,751,320
	1,550,000	Kentucky State Property & Building Commission Project No. 106 Refunding Revenue Bonds, Series A, 5.00%, 10/01/15		1,599,337
	685,000	Warren County School District Finance Corp. Refunding Revenue Bonds, Series B, (State Aid Intercept Program), 2.00%, 06/01/15		688,802

Principal
Amount			Value
Kentucky (continued)
$	605,000	Warren County School District Finance Corp. Refunding Revenue Bonds, Series B, (State Aid Intercept Program), 2.00%, 06/01/16	$	617,372
				16,556,711
Louisiana — 0.2%
	2,000,000	Louisiana Public Facilities Authority Hurricane Recovery Program Revenue Bonds, (AMBAC), 5.00%, 06/01/16		2,124,200
Maine — 0.5%
	435,000	City of Bath Refunding GO, 2.00%, 09/01/15		439,598
	700,000	Maine Health & Higher Educational Facilities Authority Refunding Revenue Bonds, Series A, 5.00%, 07/01/17		768,572
	750,000	Maine Health & Higher Educational Facilities Authority Refunding Revenue Bonds, Series A, 5.00%, 07/01/20		891,015
	520,000	Maine Health & Higher Educational Facilities Authority Refunding Revenue Bonds, Series A, 5.00%, 07/01/21		628,680
	115,000	Maine Health & Higher Educational Facilities Authority Refunding Revenue Bonds, Series B, (AMBAC, State Resolution Funding GTY), 5.00%, 07/01/16(c)		122,589
	1,800,000	Maine Health & Higher Educational Facilities Authority University & College Improvements Revenue Bonds, Series A, 5.00%, 07/01/16		1,913,526
	1,795,000	Maine Municipal Bond Bank Refunding Revenue Bonds, Series C, 5.00%, 11/01/26		2,247,789
				7,011,769
Maryland — 0.5%
	625,000	Maryland State Department of Transportation Highway Improvement Refunding Revenue Bonds, 4.50%, 03/01/15		626,955

Principal
Amount			Value
Maryland (continued)
$	1,000,000	Maryland State Department of Transportation Highway Improvement Revenue Bonds, 5.00%, 10/01/20	$	1,205,440
	1,300,000	State of Maryland Public Improvements GO, Series A, 5.00%, 08/01/17		1,442,961
	1,000,000	State of Maryland Public Improvements GO, Series A, 5.00%, 08/01/17		1,109,970
	2,000,000	State of Maryland School Improvements GO, Series B, 5.00%, 08/01/17		2,219,940
				6,605,266
Massachusetts — 9.1%
	4,500,000	Berkshire Regional Transit Authority Cash Flow Management Revenue Notes (State Aid Appropriation), 1.00%, 09/25/15		4,518,540
	5,880,000	Brockton Area Transit Authority Cash Flow Management Revenue Notes, 1.00%, 08/05/15		5,898,757
	2,153,000	Cape Ann Transportation Authority Cash Flow Management Revenue Notes, 1.00%, 07/02/15		2,158,705
	9,950,000	Cape Cod Regional Transit Authority Cash Flow Management Revenue Notes, 1.00%, 07/30/15		9,980,845
	4,450,000	Commonwealth of Massachusetts Highway Improvements Revenue Bonds, Series B, 4.00%, 06/15/17		4,811,162
	9,650,000	Commonwealth of Massachusetts Public Improvements GO, Series C, 5.00%, 07/01/22		11,986,748
	850,000	Commonwealth of Massachusetts Refunding GO, Series A, 5.00%, 08/01/16		909,279
	1,000,000	Commonwealth of Massachusetts Refunding GO, Series B (AGM-CR), 5.25%, 08/01/28		1,336,380
	2,000,000	Commonwealth of Massachusetts Refunding GO, Series C (AMBAC), 5.50%, 12/01/24		2,650,900

Principal
Amount			Value
Massachusetts (continued)
$	7,500,000	Greater Attleboro-Taunton Regional Transit Authority Cash Flow Management Revenue Notes, 1.00%, 08/28/15	$	7,526,925
	5,900,000	Lowell Regional Transit Authority Cash Flow Management Revenue Notes, 1.00%, 08/07/15		5,918,998
	1,000,000	Massachusetts Port Authority Refunding Revenue Bonds, Series C, 2.00%, 07/01/16		1,023,440
	7,780,000	Massachusetts State Water Pollution Abatement Trust Refunding Revenue Bonds, Sub-Series 16-B, 5.00%, 08/01/20		9,392,638
	2,000,000	Massachusetts Water Resources Authority Refunding Revenue Bonds, Series A, 5.00%, 08/01/22		2,491,060
	4,500,000	Massachusetts Water Resources Authority Refunding Revenue Bonds, Series A (NATL-RE, GO of Authority), 5.25%, 08/01/16		4,830,570
	3,000,000	Merrimack Valley Regional Transit Authority Cash Flow Management Revenue Notes, 1.00%, 06/19/15		3,007,260
	10,000,000	Montachusett Regional Transit Authority Cash Flow Management Revenue Notes, 1.00%, 08/07/15		10,032,200
	13,000,000	Pioneer Valley Transit Authority Cash Flow Management Revenue Notes, 1.00%, 07/24/15		13,039,000
	3,625,000	Southeastern Regional Transit Authority Cash Flow Management Revenue Notes, 1.00%, 08/28/15		3,637,796
	500,000	Town of Auburn Refunding GO, 2.00%, 06/01/15		503,020
	1,275,000	Town of Belmont Municipal Purpose Loan Refunding GO, 4.00%, 04/15/16		1,332,745
	9,300,000	Worcester Regional Transit Authority Cash Flow Management Revenue Notes, 1.00%, 06/19/15		9,322,506
				116,309,474

Principal
Amount			Value
Michigan — 2.4%
$	670,000	Bay City School District Refunding GO (Q-SBLF), 5.00%, 11/01/25	$	806,814
	945,000	Brighton Area School District School Improvements GO, Series I (Q-SBLF), 5.00%, 05/01/16		995,983
	1,000,000	Caledonia Community Schools Refunding GO, (Q-SBLF), 5.00%, 05/01/23		1,235,430
	345,000	Clintondale Community Schools Refunding GO, (NATL-RE, Q-SBLF), 5.00%, 05/01/20		348,947
	635,000	Dexter Community Schools Refunding GO (Q-SBLF), 4.00%, 05/01/18		686,086
	400,000	Hudsonville Public Schools Improvements GO, (Q-SBLF), 5.00%, 05/01/18		450,767
	250,000	Hudsonville Public Schools Improvements GO, (Q-SBLF), 5.00%, 05/01/19		288,273
	1,295,000	Lake Shore Public Schools Refunding GO, (Q-SBLF), 3.00%, 11/01/16		1,345,777
	1,335,000	Michigan State Building Authority Refunding Revenue Bonds, Series I-A, 5.00%, 10/15/15		1,380,003
	1,375,000	Northville Public Schools Refunding GO, (Q-SBLF), 5.00%, 05/01/18		1,529,000
	1,155,000	River Rouge School District Refunding GO, (Q-SBLF), 5.00%, 05/01/16		1,216,284
	775,000	River Rouge School District Refunding GO, (Q-SBLF), 5.00%, 05/01/18		861,800
	1,160,000	River Rouge School District Refunding GO, (Q-SBLF), 5.00%, 05/01/21		1,363,209
	1,000,000	River Rouge School District Refunding GO, (Q-SBLF), 5.00%, 05/01/22		1,187,930
	2,000,000	Rochester Community School District Refunding GO, (Q-SBLF), 4.00%, 05/01/15		2,018,440
	2,000,000	Romulus Community Schools Refunding GO (Q-SBLF), 5.00%, 05/01/22		2,375,860
	325,000	State of Michigan Environmental Program Refunding GO, Series A, 5.00%, 05/01/16		344,042

Principal
Amount			Value
Michigan (continued)
$	5,000,000	State of Michigan Trunk Line Refunding Revenue Bonds, 5.00%, 11/15/16	$	5,405,750
	265,000	Stockbridge Community Schools Refunding GO, (AGM, Q-SBLF), 5.00%, 05/01/21		267,801
	4,530,000	University of Michigan Refunding Revenue Bonds, Series C, 4.00%, 04/01/19		5,076,227
	2,045,000	Ypsilanti School District Refunding GO (Assured GTY, Q-SBLF), 5.00%, 05/01/16		2,153,508
				31,337,931
Minnesota — 2.4%
	1,875,000	Clearbrook-Gonvick Independent School District No 2311 Cash Flow Management GO (School District Credit Program), 1.00%, 09/30/15		1,883,400
	450,000	Minnesota Public Facilities Authority Clean Water Revenue Bonds, Series B, 5.00%, 03/01/16		473,283
	1,745,000	New Prague Independent School District No 721 Crossover Refunding GO, (School District Credit Program), 4.00%, 02/01/19		1,952,987
	5,425,000	St. Paul Port Authority Anderson Office Building Refunding Revenue Bonds, Series 3, 5.00%, 12/01/19		6,374,592
	1,875,000	St. Paul Port Authority Anderson Office Building Refunding Revenue Bonds, Series 3, 5.00%, 12/01/21		2,284,238
	1,520,000	State of Minnesota Public Improvements COP, 4.50%, 06/01/16		1,604,147
	2,225,000	State of Minnesota Public Improvements COP, 5.00%, 06/01/23		2,771,171
	1,395,000	State of Minnesota Public Improvements COP, 5.00%, 06/01/24		1,756,138
	2,740,000	State of Minnesota Public Improvements COP, 5.00%, 06/01/25		3,428,096
	2,910,000	State of Minnesota Public Improvements COP, 5.00%, 06/01/26		3,612,852

Principal
Amount			Value
Minnesota (continued)
$	1,000,000	State of Minnesota Refunding Revenue Bonds, Series B, 5.00%, 03/01/21	$	1,209,600
	1,000,000	Waconia Independent School District No 110 Refunding GO, Series A, (School District Credit Program), 5.00%, 02/01/24		1,257,000
	2,675,000	Warroad Independent School District No 690 Cash Flow Management GO Notes (School District Credit Program), 1.00%, 09/14/15		2,687,011
				31,294,515
Mississippi — 0.2%
	1,810,000	Mississippi Development Bank Department of Corrections Refunding Revenue Bonds, Series D, 5.00%, 08/01/18		2,051,146
Missouri — 1.5%
	1,020,000	County of Jackson Refunding Revenue Bonds, 4.00%, 12/01/21		1,175,519
	300,000	County of Jackson Refunding Revenue Bonds, 4.00%, 12/01/22		347,019
	2,500,000	County of Jackson Sports Complex Project Refunding Revenue Bonds, (State Appropriation, City Appropriation), 5.00%, 12/01/26		3,065,825
	4,000,000	Hazelwood School District Refunding GO, (State Aid Direct Deposit), 5.00%, 03/01/25		4,987,560
	500,000	Jackson County Reorganized School District No. 4 Blue Springs Refunding GO, Series B, (State Aid Direct Deposit), 5.00%, 03/01/18		557,670
	2,225,000	Missouri State Health & Educational Facilities Authority Columbia Arena Project Refunding Revenue Bonds, 5.00%, 10/01/19		2,594,817
	2,000,000	Missouri State Health & Educational Facilities Authority Columbia Arena Project Refunding Revenue Bonds, 5.00%, 10/01/21		2,417,980

Principal
Amount			Value
Missouri (continued)
$	300,000	North Kansas City School District No 74 School Improvements Refunding GO, (State Aid Direct Deposit), 4.00%, 03/01/17	$	320,871
	1,250,000	North Kansas City School District No 74 School Improvements Refunding GO, (State Aid Direct Deposit), 5.00%, 03/01/24		1,584,700
	1,800,000	North Kansas City School District No 74 School Improvements Refunding GO, (State Aid Direct Deposit), 5.00%, 03/01/25		2,269,944
				19,321,905
Nevada — 0.6%
	1,000,000	Clark County School District School Improvements GO, Series C (AGM), 5.00%, 12/15/15(c)		1,041,500
	2,605,000	Clark County Water Reclamation District GO, Series A, 5.25%, 07/01/20		3,062,777
	3,110,000	Las Vegas Valley Water District Refunding GO, Series A, (NATL-RE, FGIC), 5.00%, 06/01/20		3,157,117
				7,261,394
New Hampshire — 0.2%
	2,250,000	State of New Hampshire Highway Improvements Revenue Bonds, 5.00%, 09/01/19		2,631,690
New Jersey — 5.7%
	500,000	Bergen County Improvement Authority Public Improvements Revenue Bonds, Series B (County GTY), 4.00%, 02/15/16		519,760
	240,000	Bergen County Improvement Authority Refunding Revenue Bonds, Series A (County GTY), 4.00%, 12/15/16		256,027
	200,000	Bergen County Improvement Authority Refunding Revenue Bonds, Series A (County GTY), 4.00%, 12/15/17		218,083
	3,495,000	County of Sussex Public Improvements Refunding GO, 2.00%, 02/15/16		3,560,811

Principal
Amount			Value
New Jersey (continued)
$	255,000	Denville Township Board of Education Refunding GO, (AGM, School Board Resolution Funding), 4.00%, 02/15/17	$	268,122
	2,000,000	Garden State Preservation Trust Refunding Revenue Bonds, Series A, 5.00%, 11/01/17		2,227,880
	735,000	Middlesex County Improvement Authority Regional Educational Services Refunding Revenue Bonds, (County GTY), 3.00%, 07/15/16		763,856
	200,000	Monmouth County Improvement Authority Refunding Revenue Bonds (County GTY, Municipal Government GTY), 5.00%, 12/01/22		252,001
	5,300,000	New Jersey Building Authority Refunding Revenue Bonds, Series A, 5.00%, 06/15/16		5,605,757
	1,090,000	New Jersey Economic Development Authority School Facilities Construction Refunding Revenue Bonds, 5.00%, 03/01/18(c)		1,234,469
	410,000	New Jersey Economic Development Authority School Facilities Construction Refunding Revenue Bonds, 5.00%, 03/01/18		454,924
	1,355,000	New Jersey Economic Development Authority School Facilities Construction Refunding Revenue Bonds, Series DD-1, 5.00%, 12/15/16		1,455,866
	750,000	New Jersey Economic Development Authority School Facilities Construction Refunding Revenue Bonds, Series K, (AMBAC), 5.25%, 12/15/16		782,738
	5,000,000	New Jersey Economic Development Authority School Facilities Construction Refunding Revenue Bonds, Series N-1, (AMBAC), 5.50%, 09/01/24		6,098,700
	500,000	New Jersey Economic Development Authority School Facilities Construction Revenue Bonds, Series O, 5.00%, 03/01/18		500,182

Principal
Amount			Value
New Jersey (continued)
$	11,690,000	New Jersey Economic Development Authority School Facility Construction Refunding Revenue Bonds, Series EE, 5.00%, 09/01/17	$	12,787,925
	505,000	New Jersey Educational Facilities Authority Higher Education Capital Improvement Revenue Bonds, 4.00%, 09/01/16		530,321
	6,225,000	New Jersey Educational Facilities Authority Higher Education Facilities Trust Fund Revenue Bonds, 5.00%, 06/15/16		6,586,797
	25,000	New Jersey Environmental Infrastructure Trust Revenue Bonds, Series 2012, 5.00%, 09/01/16(c)		26,824
	1,160,000	New Jersey Environmental Infrastructure Trust Revenue Bonds, Series 2013, 5.00%, 09/01/16		1,245,028
	15,000	New Jersey Environmental Infrastructure Trust Revenue Bonds, Series A, 5.00%, 09/01/16(c)		16,095
	5,105,000	New Jersey Sports & Exposition Authority Refunding Revenue Bonds, Series B (State Appropriation), 5.00%, 09/01/18		5,718,927
	40,000	New Jersey Sports & Exposition Authority Refunding Revenue Bonds, Series B (State Appropriation), 5.00%, 09/01/18(c)		45,940
	1,300,000	New Jersey State Turnpike Authority Refunding Revenue Bonds, Series B, 5.00%, 01/01/20		1,534,767
	9,220,000	New Jersey State Turnpike Authority Refunding Revenue Bonds, Series C, 5.00%, 01/01/25		11,525,553
	1,885,000	New Jersey Transportation Trust Fund Authority Transit Improvement Revenue Bonds, Series A, (State Appropriation), 5.00%, 06/15/16		1,997,478
	1,375,000	New Jersey Transportation Trust Fund Authority Transportation Systems Refunding Revenue Bonds, Series B, (NATL-RE), 5.50%, 12/15/15			1,435,404

Principal
Amount			Value
New Jersey (continued)
$	825,000	New Jersey Transportation Trust Fund Authority Transportation Systems Refunding Revenue Bonds, Series B, (NATL-RE), 5.50%, 12/15/16	$	897,394
	2,750,000	New Jersey Transportation Trust Fund Authority Transportation Systems Refunding Revenue Bonds, Series B-5, 5.25%, 12/15/19(d)		3,198,250
	335,000	New Milford School District Refunding GO, (School Board Resolution Funding), 4.00%, 08/15/15		341,784
	770,000	Township of Montgomery Refunding GO, 3.00%, 08/01/15		780,934
				72,868,597
New Mexico — 0.8%
	4,805,000	City of Albuquerque General Purpose Public Improvements GO, Series A, 5.00%, 07/01/16		5,122,851
	1,000,000	Gadsden Independent School District No 16 Refunding GO, Series B (State Aid Withholding), 4.00%, 08/15/16		1,050,940
	250,000	Gadsden Independent School District No 16 Refunding GO, Series B (State Aid Withholding), 4.00%, 08/15/17		268,369
	800,000	Santa Fe Public School District School Improvements GO (State Aid Withholding), 4.00%, 08/01/16		843,280
	3,000,000	State of New Mexico Severance Tax Permanent Fund Public Improvements Revenue Bonds, Series A, 5.00%, 07/01/16		3,198,450
				10,483,890
New York — 25.9%
	5,000,000	City of New York Public Improvements GO, Series C, Sub-Series C-A, 5.00%, 08/01/17(d)		5,538,000
	3,330,000	City of New York Public Improvements GO, Sub-Series D-1, 5.00%, 08/01/22		4,092,037
	10,000,000	City of New York Refunding GO, Series A, 5.00%, 08/01/25		12,503,400

Principal
Amount			Value
New York (continued)
$	5,000,000	City of New York Refunding GO, Series B, 5.00%, 08/01/17	$	5,538,000
	1,855,000	City of New York Refunding GO, Series C, 5.00%, 08/01/20		2,219,823
	650,000	City of New York Refunding GO, Series C, 5.00%, 08/01/22		798,746
	8,170,000	City of New York Refunding GO, Series D, 5.00%, 08/01/22		10,039,623
	1,870,000	City of New York Refunding GO, Series E, 5.00%, 08/01/16		1,997,796
	4,000,000	City of New York Refunding GO, Series E, 5.00%, 08/01/17		4,430,400
	10,000,000	City of New York Refunding GO, Series G, 5.00%, 08/01/17		11,076,000
	9,730,000	City of New York Refunding GO, Series G, 5.00%, 08/01/19		11,407,257
	10,000,000	City of New York Refunding GO, Series G, 5.00%, 08/01/21		12,157,300
	18,500,000	City of New York Refunding GO, Series G, 5.00%, 08/01/22		22,733,540
	3,360,000	City of New York Refunding GO, Series I, 5.00%, 08/01/16		3,589,622
	2,047,000	County of Rockland Public Improvements GO, Series C, (AGM), 3.00%, 05/01/15		2,059,794
	2,175,000	County of Rockland Public Improvements GO, Series C, (AGM), 3.00%, 05/01/16		2,233,442
	445,000	County of Rockland Refunding GO (BAM), 2.00%, 02/15/16		449,690
	505,000	County of Rockland Refunding GO (BAM), 2.00%, 02/15/17		514,918
	2,000,000	Erie County Industrial Development Agency Refunding Revenue Bonds, Series B, (State Aid Withholding), 5.00%, 05/01/18		2,268,240

Principal
Amount			Value
New York (continued)
$	5,000,000	Erie County Industrial Development Agency Refunding Revenue Bonds, Series B, (State Aid Withholding), 5.00%, 05/01/23	$	6,009,150
	1,925,000	Metropolitan Transportation Authority Refunding Revenue Bonds, Series F, 5.00%, 11/15/21		2,345,305
	1,910,000	Metropolitan Transportation Authority Transit Improvements Revenue Bonds, Series C, 5.00%, 11/15/21		2,327,029
	2,500,000	New York City Municipal Water Finance Authority Fiscal 2009 Revenue Bonds, Series A, 5.50%, 06/15/21		2,879,275
	1,250,000	New York City Municipal Water Finance Authority Fiscal 2014 Refunding Revenue Bonds, Series CC-2, 5.00%, 06/15/18		1,357,400
	1,230,000	New York City Transitional Finance Authority Future Tax Secured Refunding Revenue Bonds, Series B, 5.00%, 11/01/17(c)		1,376,222
	770,000	New York City Transitional Finance Authority Future Tax Secured Refunding Revenue Bonds, Series B, 5.00%, 11/01/17		861,091
	15,920,000	New York City Transitional Finance Authority Future Tax Secured Refunding Revenue Bonds, Sub-Series B, 5.00%, 11/01/21		19,491,174
	3,025,000	New York City Transitional Finance Authority Future Tax Secured Refunding Revenue Bonds, Sub-Series G, 5.00%, 11/01/18		3,489,943
	1,045,000	New York City Transitional Finance Authority Future Tax Secured Refunding Revenue Bonds, Sub-Series G, 5.00%, 11/01/19		1,236,496
	2,425,000	New York City Transitional Finance Authority Future Tax Secured Refunding Revenue Bonds, Sub-Series G, 5.00%, 11/01/21		2,968,976

Principal Amount			Value
New York (continued)
$	935,000	New York City Transitional Finance Authority Future Tax Secured Refunding Revenue Bonds, Sub-Series H, 5.00%, 11/01/18	$	1,078,710
	1,535,000	New York City Transitional Finance Authority Future Tax Secured Refunding Revenue Bonds, Sub-Series H, 5.00%, 11/01/21		1,879,331
	1,725,000	New York City Transitional Finance Authority Future Tax Secured Refunding Revenue Notes, 5.00%, 02/01/18		1,945,869
	225,000	New York City Transitional Finance Authority Future Tax Secured Refunding Revenue Notes, 5.00%, 02/01/18(c)		253,879
	4,700,000	New York City Transitional Finance Authority Future Tax Secured Revenue Bonds, 5.00%, 02/01/17		5,119,616
	515,000	New York City Transitional Finance Authority Future Tax Secured Revenue Bonds, Sub-Series, F-1, 5.00%, 02/01/19		597,385
	2,200,000	New York City Transitional Finance Authority Public Improvements Revenue Bonds, Series A-1, 5.00%, 05/01/22		2,557,566
	1,235,000	New York City Transitional Finance Authority School Improvement Revenue Bonds, Sub-Series S-1A, (State Aid Withholding), 5.00%, 07/15/21		1,500,525
	6,250,000	New York Local Government Assistance Corp. Refunding Revenue Bonds, Series E, (AGM, GO of Corp.) OID, 5.25%, 04/01/16		6,437,813
	700,000	New York Local Government Assistance Corp. Refunding Revenue Bonds, Sub-Series A-5-6, 5.00%, 04/01/17		767,214
	5,100,000	New York Municipal Bond Bank Agency Refunding Revenue Bonds, (State Aid Withholding), 4.00%, 12/01/17		5,574,453

Principal Amount			Value
New York (continued)
$	10,000,000	New York Municipal Bond Bank Agency Refunding Revenue Bonds, (State Aid Withholding), 5.00%, 12/01/21	$	12,269,600
	750,000	New York State Dormitory Authority Current Refunding Revenue Bonds, Series A, 4.00%, 07/01/16		788,423
	900,000	New York State Dormitory Authority Economic Development & Housing Revenue Bonds, Series A, 4.00%, 12/15/16		959,931
	15,000	New York State Dormitory Authority Mental Health Services Facility Refunding Revenue Bonds, (State Appropriation), 5.00%, 08/15/18(c)		17,217
	1,770,000	New York State Dormitory Authority Mental Health Services Facility Refunding Revenue Bonds, Series A, (State Appropriation), 4.50%, 08/15/17		1,935,141
	550,000	New York State Dormitory Authority Mental Health Services Facility Revenue Bonds, (NATL-RE, FGIC, State Appropriation), 5.00%, 02/15/16		552,085
	2,485,000	New York State Dormitory Authority Mental Health Services Facility Revenue Bonds, (State Appropriation), 5.00%, 08/15/18		2,833,621
	2,110,000	New York State Dormitory Authority Refunding Revenue Bonds, 5.00%, 08/15/18		2,406,012
	15,000,000	New York State Dormitory Authority Refunding Revenue Bonds, Series A, 5.00%, 12/15/20		18,132,900
	4,160,000	New York State Dormitory Authority Refunding Revenue Bonds, Series A, 5.00%, 02/15/26		5,136,102
	4,500,000	New York State Dormitory Authority Refunding Revenue Bonds, Series E, 5.00%, 02/15/23		5,610,285
	1,045,000	New York State Dormitory Authority School Improvement Revenue Bonds, Series A, 5.00%, 03/15/21		1,266,728

Principal Amount			Value
New York (continued)
$	7,700,000	New York State Dormitory Authority School Improvement Revenue Bonds, Series A, 5.00%, 03/15/25	$	9,740,269
	4,000,000	New York State Dormitory Authority School Improvement Revenue Bonds, Series C, 5.00%, 03/15/17		4,377,120
	2,850,000	New York State Dormitory Authority School Improvement Revenue Bonds, Series G, 5.00%, 03/15/17		3,118,698
	2,000,000	New York State Environmental Facilities Corp. Refunding Revenue Bonds, 4.00%, 06/15/16		2,102,040
	7,000,000	New York State Thruway Authority Highway Improvement Refunding Revenue Bonds, Series B, 5.00%, 04/01/20		8,022,280
	200,000	New York State Thruway Authority Highway Improvement Revenue Bonds, Series A, 4.00%, 03/15/16		208,473
	200,000	New York State Thruway Authority Highway Improvement Revenue Bonds, Series A, 5.00%, 03/15/16		210,697
	1,420,000	New York State Thruway Authority Highway Improvement Revenue Bonds, Series A, 5.00%, 03/15/17		1,553,878
	1,430,000	New York State Thruway Authority Highway Improvement Revenue Bonds, Series A, 5.00%, 03/15/20		1,703,430
	5,000,000	New York State Thruway Authority Highway Improvement Revenue Bonds, Series A, 5.00%, 03/15/21		5,795,300
	1,900,000	New York State Thruway Authority Highway Improvement Revenue Bonds, Series B, 5.00%, 04/01/21		2,204,551
	1,000,000	New York State Thruway Authority Refunding Revenue Bonds, 5.00%, 01/01/25		1,250,060

Principal Amount			Value
New York (continued)
$	410,000	New York State Thruway Authority Refunding Revenue Bonds, Series A, 5.00%, 03/15/16	$	431,931
	400,000	New York State Thruway Authority Refunding Revenue Bonds, Series A, 5.00%, 03/15/17		437,711
	8,000,000	New York State Thruway Authority Refunding Revenue Bonds, Series A, 5.00%, 03/15/21		9,684,240
	5,000,000	New York State Thruway Authority Refunding Revenue Bonds, Series B, 5.00%, 04/01/21		5,728,250
	160,000	New York State Thruway Authority Refunding Revenue Bonds, Series B, (AMBAC), 5.00%, 10/01/15(c)		165,029
	765,000	New York State Thruway Authority Refunding Revenue Bonds, Series B, (AMBAC), 5.00%, 04/01/19		789,044
	1,000,000	New York State Urban Development Corp. Economic Improvements Revenue Bonds, Series A1, 4.00%, 12/15/16		1,066,590
	4,705,000	New York State Urban Development Corp. Public Improvement Revenue Bonds, Series A-1, 5.00%, 03/15/22		5,794,302
	14,390,000	Sales Tax Asset Receivable Corp. Fiscal 2015 Refunding Revenue Bonds, Series A, 5.00%, 10/15/26		18,352,574
	1,345,000	Tobacco Settlement Financing Corp. Asset Backed Refunding Revenue Bonds, Series A, 5.00%, 06/01/15		1,366,359
	5,390,000	Triborough Bridge & Tunnel Authority Toll Road Refunding Revenue Bonds, Series B, 5.00%, 11/15/23		6,840,018
	1,000,000	Utility Debt Securitization Authority Restructuring Refunding Revenue Bonds, Series TE, 5.00%, 12/15/18		1,085,330
				331,638,269

Principal Amount			Value
North Carolina — 2.8%
$	680,000	Appalachian State University Refunding Revenue Bonds, 5.00%, 05/01/20	$	805,562
	905,000	Buncombe County Refunding Revenue Bonds, 5.00%, 06/01/21		1,095,439
	475,000	Buncombe County Refunding Revenue Bonds, Series A, 5.00%, 06/01/16		504,042
	1,355,000	Cabarrus County School Improvement COP, 5.00%, 01/01/21		1,551,001
	1,005,000	City of Charlotte Equipment Acquisition Refunding COP, 5.00%, 12/01/16		1,088,204
	3,015,000	County of Mecklenburg Refunding GO, Series A, 5.00%, 12/01/22		3,796,367
	245,000	County of Wake Refunding GO, Series D, 4.00%, 02/01/16		254,317
	2,840,000	County of Wake School Improvements GO, Series A, 5.00%, 04/01/17		3,112,044
	615,000	Dare County Refunding Revenue Bonds, Series D, 4.00%, 06/01/17		661,715
	675,000	Dare County Refunding Revenue Bonds, Series D, 4.00%, 06/01/18		743,857
	675,000	Dare County Refunding Revenue Bonds, Series D, 5.00%, 06/01/21		818,397
	1,565,000	Johnston County School Improvements GO, (NATL-RE), 5.00%, 02/01/20		1,639,541
	325,000	North Carolina State University At Raleigh Refunding Revenue Bonds, Series A, 5.00%, 10/01/21		398,203
	2,000,000	Orange County Public Facilities Co. Refunding Revenue Bonds, 5.00%, 10/01/21		2,449,060
	2,320,000	State of North Carolina Highway Improvements Revenue Bonds, 5.00%, 03/01/16		2,434,863
	10,000,000	State of North Carolina Refunding Revenue Bonds, Series B, 5.00%, 06/01/24		12,657,000

Principal Amount			Value
North Carolina (continued)
$	1,595,000	Town of Cary Public Improvements GO, 5.00%, 03/01/17	$	1,741,931
				35,751,543
Ohio — 3.2%
	2,000,000	City of Columbus Refunding GO, Series 5, 5.00%, 08/15/23		2,529,280
	1,000,000	County of Hamilton Sewer System Refunding Revenue Bonds, Series A, 5.00%, 12/01/25		1,264,330
	1,000,000	County of Hamilton Sewer System Refunding Revenue Bonds, Series A, 5.00%, 12/01/26		1,253,190
	2,015,000	County of Hamilton Sewer System Refunding Revenue Bonds, Series A, 5.00%, 12/01/27		2,504,967
	2,365,000	Ohio State Building Authority Facilities Administration Building Project Refunding Revenue Bonds, Series B, (NATL-RE, FGIC), 5.00%, 10/01/18		2,705,797
	400,000	Ohio State Department of Administrative Services Knowledge System COP, Series A, (NATL-RE), 5.00%, 09/01/16		400,354
	5,000,000	Ohio State Water Development Authority Refunding Revenue Bonds, Series B, 5.00%, 06/01/22		6,217,400
	400,000	RiverSouth Authority Area Redevelopment Refunding Revenue Bonds, 4.00%, 06/01/16		418,735
	320,000	RiverSouth Authority Area Redevelopment Refunding Revenue Bonds, 5.00%, 06/01/24		388,895
	1,000,000	State of Ohio Capital Facilities Lease Appropriation Refunding Revenue Bonds, 5.00%, 10/01/17		1,106,330
	5,000,000	State of Ohio Highway Improvements GO, Series Q, 5.00%, 05/01/16		5,292,950
	8,000,000	State of Ohio Highway Improvements GO, Series R, 4.00%, 05/01/16		8,369,600

Principal Amount			Value
Ohio (continued)
$	1,000,000	State of Ohio Highway Improvements Revenue Bonds, 5.00%, 12/15/24	$	1,261,200
	500,000	State of Ohio Refunding GO, Series B, 4.00%, 08/01/16		527,205
	3,875,000	State of Ohio University & College Improvements GO, Series A, 5.00%, 05/01/24		4,106,028
	590,000	University of Cincinnati College & University Refunding Revenue Bonds, Series A (AMBAC), 5.00%, 06/01/15		599,310
	1,730,000	University of Cincinnati College & University Refunding Revenue Bonds, Series A, (State Appropriation), 5.00%, 06/01/17		1,899,125
				40,844,696
Oklahoma — 1.0%
	4,400,000	Oklahoma Capital Improvement Authority Refunding Revenue Bonds, Series B, 2.00%, 07/01/16		4,503,136
	5,275,000	Tulsa County Independent School District No 3 Broken Arrow Combined Purpose School Improvements GO, 2.00%, 04/01/16		5,381,080
	2,680,000	University of Oklahoma Refunding Revenue Bonds, Series C, 2.00%, 07/01/16		2,741,694
				12,625,910
Oregon — 0.6%
	575,000	City of Portland Water System Refunding Revenue Bonds, 5.00%, 10/01/16		618,470
	1,300,000	City of Portland Water System Refunding Revenue Bonds, Series A, 5.00%, 05/01/17		1,430,234
	815,000	Lane County School District No 19 Springfield School Improvements GO, Series B, (AGM, School Board GTY), 5.00%, 06/15/17		896,402
	1,755,000	Washington & Multnomah Counties School District No 48J Beaverton Refunding GO, Series B, (School Board GTY), 4.00%, 06/15/19		1,977,657

Principal Amount			Value
Oregon (continued)
$	2,200,000	Yamhill Clackamas & Washington Counties School District No 29J Newberg Refunding GO (NATL-RE, School Board GTY), 5.50%, 06/15/17	$	2,447,126
				7,369,889
Puerto Rico — 0.0%
	90,000	Puerto Rico Highway & Transportation Authority Highway Improvements Revenue Bonds OID, Series W, 5.50%, 07/01/15(c)		91,939
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		762,613
South Carolina — 0.9%
	4,530,000	County of Charleston Refunding GO, Series A, 5.00%, 11/01/21		5,595,275
	880,000	Lexington County School District No 2 Refunding GO (South Carolina School District), 4.00%, 03/01/17		942,744
	2,090,000	Lexington County School District No 2 Refunding GO (South Carolina School District), 5.00%, 03/01/18		2,356,099
	1,635,000	Lexington County School District No 2 Refunding GO (South Carolina School District), 5.00%, 03/01/20		1,944,440
	330,000	State of South Carolina University & College Improvements GO, Series B, 5.00%, 03/01/19		385,169
	680,000	State of South Carolina University & College Improvements GO, Series E (State Aid Withholding), 5.00%, 03/01/19		793,682
				12,017,409

Principal Amount			Value
Tennessee — 0.2%
$	1,075,000	City of Knoxville Wastewater System Revenue Bonds, Series B, 5.00%, 04/01/22	$	1,299,030
	1,100,000	Tennessee State School Bond Authority Refunding Revenue Bonds (State Aid Intercept Program), 5.00%, 11/01/25		1,394,085
				2,693,115
Texas — 8.7%
	4,220,000	Alamo Community College District Refunding GO, 4.00%, 02/15/17		4,507,382
	95,000	Aledo Independent School District Improvements GO, (PSF-GTD), 5.00%, 02/15/15(c)		95,125
	800,000	Austin Independent School District Refunding GO (PSF-GTD), 5.00%, 08/01/16		855,544
	400,000	Beaumont Independent School District Improvements GO, (PSF-GTD), 4.00%, 02/15/18		438,499
	1,435,000	City of Conroe Public Improvements GO, 5.00%, 03/01/25		1,796,046
	2,500,000	City of Dallas Refunding GO, 5.00%, 02/15/23		3,118,950
	3,000,000	City of Dallas Refunding GO, 5.00%, 02/15/24		3,782,580
	1,000,000	City of El Paso Water & Sewer Refunding Revenue Bonds, 5.00%, 03/01/25		1,252,540
	1,250,000	City of El Paso Water & Sewer Refunding Revenue Bonds, 5.00%, 03/01/26		1,552,750
	1,095,000	City of Friendswood Waterworks & Sewer System Refunding Revenue Bonds, (AGM), 5.00%, 03/01/21		1,147,516
	600,000	City of League Waterworks & Sewer GO, Series A, 5.00%, 02/15/22		739,176
	1,775,000	City of Lubbock Public Improvement GO, 5.25%, 02/15/20		2,075,348
	330,000	City of Richardson Public Improvements GO, (NATL-RE), 5.25%, 02/15/20		331,271

Principal Amount			Value
Texas (continued)
$	800,000	City of San Antonio Water System Refunding Revenue Bonds, Series A, 3.00%, 05/15/16	$	827,792
	1,505,000	City of Southlake Refunding GO, 5.00%, 02/15/16		1,579,979
	260,000	Coppell Independent School District School Building GO, (PSF-GTD), 4.00%, 08/15/16		274,555
	875,000	County of Bexar Limited Tax Refunding GO, 3.00%, 06/15/16		907,375
	1,200,000	County of Bexar Limited Tax Refunding GO, 4.00%, 06/15/16		1,260,720
	580,000	County of Bexar Limited Tax Refunding GO, 4.00%, 06/15/16		609,348
	4,410,000	County of Bexar Refunding GO, 5.00%, 06/15/22		5,464,872
	1,000,000	County of Williamson Limited Tax Refunding GO, 5.00%, 02/15/21		1,216,530
	1,095,000	Cypress-Fairbanks Independent School District Refunding GO, Series A, (PSF-GTD), 4.00%, 02/15/17		1,170,949
	3,500,000	Cypress-Fairbanks Independent School District Refunding GO, Series C (PSF-GTD), 5.00%, 02/15/26		4,360,265
	4,000,000	Cypress-Fairbanks Independent School District School Improvements GO, Series B-2 (PSF-GTD), 3.00%, 02/15/40(b)		4,215,880
	2,000,000	Dallas Area Rapid Transit Refunding Revenue Bonds, Series A, 5.00%, 12/01/25		2,536,820
	2,000,000	Dallas Independent School District Refunding GO, Series A (PSF-GTD), 5.00%, 08/15/29		2,481,040
	245,000	Deer Park Independent School District Limited Tax GO, (AGM), 5.00%, 02/15/17		265,997
	7,630,000	Denton Independent School District GO, (PSF-GTD), 2.00%, 08/01/43(b)		7,794,121
	3,955,000	Dickinson Independent School District Refunding GO, (PSF-GTD), 5.00%, 02/15/25		4,971,712

Principal
Amount			Value
Texas (continued)
$	520,000	Forsan Independent School District Refunding GO (PSF-GTD), 4.00%, 02/15/17	$	556,176
	3,115,000	Frenship Independent School District Refunding GO (PSF-GTD), 5.00%, 02/15/26		3,874,842
	250,000	Frisco Independent School District School Building GO, Series A, (PSF-GTD), 6.13%, 08/15/21		301,105
	3,000,000	Goose Creek Consolidated Independent School District School Improvements GO, Series B, (PSF-GTD), 3.00%, 02/15/35(b)		3,159,420
	1,000,000	Grapevine Tax Increment Refunding GO, Series A, (NATL-RE), 5.00%, 08/15/19		1,007,600
	330,000	Grapevine-Colleyville Independent School District Refunding GO, (PSF-GTD), 5.00%, 08/15/15(c)		338,447
	1,025,000	Hallsville Independent School District Refunding GO, (PSF-GTD), 4.00%, 02/15/15		1,026,330
	720,000	Hallsville Independent School District Refunding GO, (PSF-GTD), 4.00%, 02/15/16		747,317
	1,000,000	Harris County Refunding GO, Series C, (AGM), 5.25%, 08/15/19		1,188,280
	500,000	Hidalgo County Certificates of Obligation GO, (NATL-RE), 4.50%, 08/15/19		532,045
	2,990,000	Houston Community College System Student Fee Revenue Bonds, Senior Lien, (AGM), 5.25%, 04/15/21		3,389,853
	265,000	Joshua Independent School District Refunding GO, Series C (PSF-GTD), 5.45%, 02/15/16		271,813
	4,500,000	Lower Colorado River Authority Refunding Revenue Bonds, 5.00%, 05/15/16		4,762,890
	1,135,000	Mesquite Independent School District School Improvements GO, Series A (PSF-GTD), 2.50%, 08/15/15		1,149,449
	1,105,000	Pasadena Independent School District GO, (PSF-GTD), 5.00%, 02/15/17		1,205,566

Principal
Amount			Value
Texas (continued)
$	265,000	Red Oak Independent School District School Improvements GO (PSF-GTD), 5.00%, 08/15/17(c)	$	294,240
	260,000	Red Oak Independent School District School Improvements GO (PSF-GTD), 5.00%, 08/15/18		286,403
	1,500,000	Richardson Independent School District School Improvements GO, Series A, (PSF-GTD), 3.00%, 02/15/16		1,543,845
	275,000	Rockwall Independent School District Improvements GO, (PSF-GTD), 4.75%, 02/15/15(c)		275,236
	1,100,000	San Felipe-Del Rio Consolidated Independent School District Refunding GO, (PSF-GTD), 3.00%, 02/15/16		1,132,153
	145,000	Seagraves Independent School District School Building GO, (PSF-GTD), 4.00%, 02/15/19		161,291
	3,040,000	State of Texas Transportation Commission Refunding GO, Series A, 5.00%, 10/01/25		3,864,843
	1,390,000	Texas State University Systems University and College Improvement Revenue Bonds, 5.00%, 03/15/17		1,516,421
	1,070,000	Texas Transportation Commission State Highway Fund Highway Improvements First Tier Revenue Bonds, 5.00%, 04/01/17		1,172,741
	1,775,000	Texas Transportation Commission State Highway Fund Highway Improvements First Tier Revenue Bonds, Series A, 5.00%, 04/01/16		1,871,596
	3,150,000	Tomball Independent School District School Improvements GO, Series B-3, (PSF-GTD), 2.00%, 02/15/43(b)		3,219,143
	1,900,000	University of North Texas Refunding Revenue Bonds, 5.00%, 04/15/20		2,259,518
	4,730,000	University of North Texas Refunding Revenue Bonds, 5.00%, 04/15/21		5,699,887

Principal
Amount			Value
Texas (continued)
$	2,075,000	University of Texas Financing Systems Refunding Revenue Bonds, Series A, 5.00%, 08/15/17	$	2,305,616
	145,000	Victoria Utility System, Water & Wastewater Authority Refunding Revenue Bonds, (AMBAC), 5.00%, 12/01/17		160,427
				110,905,175
Utah — 0.3%
	1,975,000	Alpine School District School Building GO, (School Board GTY), 5.00%, 03/15/21		2,325,444
	125,000	South Jordan Water Refunding Revenue Bonds, (AMBAC), 5.00%, 11/01/15		129,501
	1,085,000	Uintah County School District Refunding GO, (School Board GTY), 5.00%, 02/01/24		1,376,496
				3,831,441
Virginia — 2.7%
	155,000	City of Norfolk Water Refunding Revenue Bonds, 5.00%, 11/01/22		190,064
	1,290,000	City of Roanoke Refunding GO, Series A (State Aid Withholding), 5.00%, 07/15/23		1,601,858
	600,000	County of Prince William Facilities Refunding COP, 4.00%, 10/01/17		649,572
	1,350,000	Fairfax County Economic Development Authority Community Services Facilities Project Revenue Bonds, Series A, 4.50%, 03/01/20		1,565,811
	2,000,000	Virginia College Building Authority Public Higher Education Refunding Revenue Bonds, Series B (State Appropriation), 5.00%, 09/01/21		2,399,080
	5,000,000	Virginia Commonwealth Transportation Board Transit Improvements Revenue Bonds, 5.00%, 03/15/23		6,104,850

Principal
Amount			Value
Virginia (continued)
$	1,500,000	Virginia Commonwealth Transportation Board Transit Improvements Revenue Bonds, 5.00%, 05/15/25	$	1,889,520
	2,640,000	Virginia Commonwealth Transportation Board Transit Improvements Revenue Bonds, 5.00%, 09/15/25		3,234,845
	1,440,000	Virginia Commonwealth Transportation Board Transit Improvements Revenue Bonds, 5.00%, 09/15/26		1,752,408
	2,465,000	Virginia Public Building Authority Revenue Bonds, Series A, 5.00%, 08/01/21		3,017,259
	1,250,000	Virginia Public Building Authority Revenue Bonds, Series B (State Appropriation), 5.00%, 08/01/21		1,467,275
	8,010,000	Virginia Public School Authority School Improvements Revenue Bonds, Series II, 5.00%, 04/15/17		8,778,079
	1,150,000	Virginia Resources Authority Refunding Revenue Bonds, 5.00%, 11/01/25		1,467,998
				34,118,619
Washington — 3.3%
	100,000	CDP-King County III Lease King Street Center Project Refunding Revenue Bonds, (NATL-RE), 5.00%, 06/01/17		109,435
	2,525,000	Clark County School District No 117 Camas Refunding GO, (School Board GTY), 5.00%, 12/01/17		2,817,597
	705,000	Energy Northwest Columbia Generating Station Refunding Revenue Bonds, Series S, 5.00%, 07/01/15		718,860
	800,000	Island County School District No 201 Oak Harbor School Improvements GO, (School Board GTY), 5.00%, 12/01/16		865,312
	680,000	King County Public Transportation Sales Tax Refunding GO, 4.00%, 12/01/18		755,276

Principal
Amount			Value
Washington (continued)
$	1,500,000	King County School District No. 414 Lake Washington GO, (School Board GTY), 5.00%, 12/01/20	$	1,730,700
	1,000,000	Pierce County School District No 403 Bethel Refunding GO, (School Board GTY), 3.00%, 06/01/16		1,035,270
	10,000,000	Snohomish County School District No 201 Refunding GO (School Board GTY), 5.00%, 12/01/25		12,579,100
	1,315,000	Spokane County School District No 363 West Valley Refunding GO, (School Board GTY), 5.00%, 12/01/18		1,487,541
	2,000,000	State of Washington Department of Ecology Refunding COP, Series B, (AMBAC), 5.00%, 04/01/16		2,109,560
	800,000	State of Washington Motor Vehicle Fuel Tax GO, Series E, 5.00%, 02/01/23		981,024
	745,000	State of Washington Refunding GO, Series R-2006A (AMBAC), 5.00%, 07/01/17		759,870
	2,000,000	State of Washington Refunding GO, Series R-2012C, 5.00%, 07/01/23		2,476,400
	9,375,000	State of Washington Senior 520 Corridor Program Highway Improvements Revenue Bonds, 5.00%, 09/01/16		10,048,313
	3,250,000	State of Washington Senior 520 Corridor Program Highway Improvements Revenue Bonds, 5.00%, 09/01/19		3,788,688
				42,262,946
West Virginia — 0.0%
	125,000	West Virginia University Revenue Bonds, Series A, (NATL-RE), 5.50%, 04/01/17		137,516
Wisconsin — 1.1%
	1,390,000	City of La Crosse Promissory Notes Public Improvements GO, Series A, 3.00%, 12/01/15		1,422,887
	1,925,000	State of Wisconsin Public Improvements GO, Series A, 5.00%, 05/01/16		2,037,035

Principal
Amount			Value
Wisconsin (continued)
$	10,000,000	State of Wisconsin Refunding GO, Series 1, 5.00%, 05/01/16	$	10,582,000
				14,041,922
Total Municipal Bonds (Cost $1,198,091,382)				1,236,200,824
U.S. GOVERNMENT SECURITIES — 1.2%
U.S. Treasury Notes — 1.2%
	14,500,000	2.25%, 11/15/2024		15,243,125
Total U.S. Government Securities (Cost $14,900,682)				15,243,125

Shares			Value
INVESTMENT COMPANY — 1.3%
	17,051,500	SEI Daily Income Trust Government II Fund, Class A, 0.00%(e)	$	17,051,500
Total Investment Company (Cost $17,051,500)				17,051,500

TOTAL INVESTMENTS — 99.2% (Cost $1,230,043,564)(a)				1,268,495,449
OTHER ASSETS IN EXCESS OF LIABILITIES — 0.8%				10,656,459
NET ASSETS — 100.0%			$	1,279,151,908


(a)	Cost for federal income tax purposes is $1,230,122,448 and net unrealized appreciation of investments is as follows:

Unrealized appreciation	$	38,768,405
Unrealized depreciation		(395,404	)
Net unrealized appreciation	$	38,373,001

(b)	Variable rate security. Rate shown is the rate as of January 31, 2015.
(c)	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.
(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, 2015.

AGM — Assured Guaranty Municipal Corp.

AMBAC — Insured by AMBAC Indemnity Corp.

BAM — Build America Mutual Assurance Co.

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)

	Percentage
State	of Net Assets
Alabama		1.6	%
Arizona		1.0	%
Arkansas		0.1	%
California		3.4	%
Colorado		1.0	%
Connecticut		2.5	%
District Of Columbia		0.5	%
Florida		3.1	%
Georgia		2.0	%
Hawaii		0.8	%
Idaho		0.1	%
Illinois		1.7	%
Indiana		1.9	%
Iowa		0.2	%
Kansas		0.6	%
Kentucky		1.3	%
Louisiana		0.2	%
Maine		0.5	%
Maryland		0.5	%
Massachusetts		9.1	%
Michigan		2.4	%
Minnesota		2.4	%
Mississippi		0.2	%
Missouri		1.5	%
Nevada		0.6	%
New Hampshire		0.2	%
New Jersey		5.7	%
New Mexico		0.8	%
New York		25.9	%
North Carolina		2.8	%
Ohio		3.2	%
Oklahoma		1.0	%
Oregon		0.6	%
Puerto Rico		0.0	%
Rhode Island		0.1	%
South Carolina		0.9	%
Tennessee		0.2	%
Texas		8.7	%
Utah		0.3	%
Virginia		2.7	%
Washington		3.3	%
West Virginia		0.0	%
Wisconsin		1.1	%
Other*		3.3	%
		100	%

*	Includes cash and equivalents, investment companies, U.S. government securities, 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, 2015, 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. 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 January 31, 2015, the Subsidiary represented $137,467,082 or 29.00% 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 (“OTC”), 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 provided that such value remains consistent with the instruments’s fair value. 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.

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 and interpolated to the specific expiration date. 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 with BIM’s oversight 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. 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 other investments 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. 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 investments, 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 investment, but, rather, several factors are considered including an evaluation of the forces that influence the market in which the security or investment is purchased or sold, in determining whether a market price is readily available and, if not, the security’s or other investment’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. 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 Core Fund, 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 10 days during the period ended January 31, 2015. 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, 2015, 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, 2015.

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 and written options 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, 2015, the Real Return Fund held $25,295,484 or 5.34% 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, embargoes, 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 a Fund may decline in response to certain events, including those directly involving the issuers whose securities are owned by the Fund; changes or perceived changes in economic conditions; overall market changes; local, regional or global political, social or economic events or instability; and currency and interest rate and price fluctuations. Since 2008, the U.S. government has implemented various measures designed to stabilize the U.S. economy and support U.S. economic recovery, including by keeping the federal funds rate at or near zero percent and purchasing large quantities of securities issued or guaranteed by the U.S. government or its agencies and instrumentalities on the open market (“quantitative easing”). The Board of Governors of the Federal Reserve System has eliminated quantitative easing and, to the extent it raises the federal funds rate, there is a risk that interest rates across the U.S. financial markets will rise suddenly and significantly, thereby exposing fixed income and related markets to heightened volatility and reduced liquidity. Such market events may cause a Fund to experience losses and/or high redemption requests, which may result in increased transactions costs and lower a Fund’s performance. Exposure to foreign markets through issuers or currencies can involve additional risks relating to market, economic, political, regulatory, geopolitical, or other conditions. The risks of foreign investments are increased in emerging markets which may experience hyperinflation and have far lower trading volumes and less liquidity than developed markets. Changes in foreign currency exchange rates can affect the value of a Funds’s portfolio. Depositary receipts are generally subject to the same risks as the foreign securities that they evidence or into which they may be converted. Similar to credit risk, a Fund may be exposed to counterparty risk, or the risk that an entity with which the Fund has unsettled or open transactions may default. Financial assets, which potentially expose a Fund to credit and counterparty risks, consist principally of investments and cash due from counterparties. The Funds’ Adviser and sub-advisers, as applicable, review the creditworthiness of counterparties that they believe entail material credit risk in relation to the investment policies of a Fund. The extent of a Fund’s exposure to credit and counterparty risks with respect to these financial assets is generally represented by their value recorded in the Fund’s 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, 2015 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.

The following table is a reconciliation of the Real Return Fund’s Level 3 investments for the period ended January 31, 2015:

For the period ended January 31, 2015, the change in unrealized appreciation/(depreciation) attributable to Level 3 investments still held at January 31, 2015 was $213,566 and is included in net change in unrealized appreciation/(depreciation) on investments on the Statement of Operations. These Level 3 investments represent collectible coins.

In June 2013, FASB issued Accounting Standards Update (“ASU”) 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 ASU provides that investment companies regulated under the 1940 Act automatically qualify as investment companies, such as the Funds. The guidance is effective for financial statements with fiscal years beginning on or after December 15, 2013 and interim periods within those fiscal years.

In August 2014, FASB issued ASU No. 2014-15, “Presentation of Financial Statements – Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern.” Under generally accepted accounting principles (GAAP), a reporting entity’s continued existence is the basis for preparing financial statements as a going concern (commonly referred to as the going concern basis of accounting) unless and until the entity’s liquidation becomes imminent. This ASU provides guidance in GAAP about management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related disclosures in the entity’s financial statements. The ASU becomes effective for all entities for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter. 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.

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) may 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, 2015, the Large Cap Strategies Fund had the following open Forwards:

As of January 31, 2015, the Small & Mid Cap Fund had the following open Forwards:

As of January 31, 2015, 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’s written option transactions for the period is as follows:

A summary of the Real Return Fund’s 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) or to increase or decrease its exposure to changes in foreign currency exchange rates (foreign currency exchange 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 marked-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, 2014, the following Funds had capital loss carryforwards for federal income tax purposes, which will expire on the following date:

*As of October 31, 2014, the Real Return Fund had a short-term and long-term capital loss carryforward of $55,431,184 and $88,174,679, respectively, and Fixed Income Fund had a long-term capital loss carryforward of $3,747,632, 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 Internal Revenue Code of 1986, as amended, 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 $4,250,373 which will be treated as arising on the first business day of the fiscal year ending October 31, 2015.

The Strategic Opportunities Fund may invest in floating rate loan interests. In connection with these investments, the Strategic Opportunities Fund may also enter into bridge loan commitments (“commitments”). Bridge loan commitments may obligate the Strategic Opportunities Fund to furnish temporary financing to a borrower until permanent financing can be arranged. As of January 31, 2015, the Strategic Opportunities Fund had no outstanding bridge loan commitments. In connection with these commitments, the 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.

Management has evaluated the impact of all subsequent events on the Funds and has determined that there were no subsequent events requiring recognition or disclosure other than the following event.

On February 12, 2015, the Board of Directors of the Corporation approved a Plan of Liquidation for the Real Return Fund, which was approved by shareholders on March 16, 2015. Pursuant to the Plan of Liquidation, assets of the Real Return Fund were liquidated and shareholders received cash in an amount equal to the net asset value of the shares of the Real Return Fund held by those shareholders on March 17, 2015, the liquidation date.

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.

	Andrew J. McNally
	BNY Mellon Investment Servicing (US) Inc.
	760 Moore Rd.
	King of Prussia, PA 19406
	(Name and address of agent for service)

Old Westbury Funds, Inc.
Large Cap Core Fund
Portfolio of Investments	*January 31, 2015 (Unaudited)*

Old Westbury Funds, Inc.
Large Cap Core Fund
Portfolio of Investments - (Continued)	*January 31, 2015 (Unaudited)*

Shares			Value
INVESTMENT COMPANY — 5.7%
	61,136,500	SEI Daily Income Trust Government II Fund, Class A, 0.01%(c)	$	61,136,500
Total Investment Company (Cost $61,136,500)				61,136,500
TOTAL INVESTMENTS — 100.0% (Cost $973,435,658)(a)				1,075,404,755
OTHER ASSETS IN EXCESS OF LIABILITIES — 0.0%				176,450
NET ASSETS — 100.0%			$	1,075,581,205

Old Westbury Funds, Inc.
Large Cap Strategies Fund
Portfolio of Investments	*January 31, 2015 (Unaudited)*

	Old Westbury Funds, Inc.
	(Exact name of registrant as specified in charter)

	760 Moore Rd.
	King of Prussia, PA 19406
	(Address of principal executive offices) (Zip code)

Old Westbury Funds, Inc.
Small & Mid Cap Fund
Portfolio of Investments	*January 31, 2015*
	*(Unaudited)*

Old Westbury Funds, Inc.
Small & Mid Cap Fund
Portfolio of Investments - (Continued)	*January 31, 2015*
	*(Unaudited)*

Old Westbury Funds, Inc.
Strategic Opportunities Fund
Portfolio of Investments	*January 31, 2015 (Unaudited)*

Old Westbury Funds, Inc.
Real Return Fund
Consolidated Portfolio of Investments	*January 31, 2015 (Unaudited)*

Old Westbury Funds, Inc.
Real Return Fund
Consolidated Portfolio of Investments - (Continued)	*January 31, 2015 (Unaudited)*

Old Westbury Funds, Inc.
Fixed Income Fund
Portfolio of Investments	*January 31, 2015 (Unaudited)*

Old Westbury Funds, Inc.
Municipal Bond Fund
Portfolio of Investments	*January 31, 2015 (Unaudited)*

Old Westbury Funds, Inc.
Notes To Financial Statements
	*January 31, 2015 (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 Old Westbury 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).

Old Westbury Funds, Inc.
Notes To Financial Statements - (Continued)
	*January 31, 2015 (Unaudited)*

	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(b)	$	1,014,268,255(a	)	$	—		$	—	$	1,014,268,255
Investment Company		61,136,500			—			—		61,136,500
Total	$	1,075,404,755		$	—		$	—	$	1,075,404,755

Large Cap Strategies Fund
Equity Securities:(b)	$	11,580,634,535(a	)	$	104,428,825(e	)	$	—	$	11,685,063,360
Exchange Traded Funds		1,168,924,820(a	)		—			—		1,168,924,820
U.S. Government Agencies		—			73,873,981			—		73,873,981
Investment Company		467,021,000			—			—		467,021,000
Other Financial Instruments - Assets*
Foreign currency exchange contracts		—			44,655,549			—		44,655,549
Total	$	13,216,580,355		$	222,958,355		$	—	$	13,439,538,710

Small & Mid Cap Fund
Equity Securities:(b)
Australia	$	77,888,994		$	—		$	55,631	$	77,944,625
Austria		7,507,918			—			—		7,507,918
Bahamas		73,368			—			—		73,368
Belgium		16,463,439			—			—		16,463,439
Bermuda		50,279,266			—			—		50,279,266
Brazil		41,567,534			5,165			—		41,572,699
Cambodia		326,798			—			—		326,798
Canada		92,673,984			309,951			—		92,983,935
Cayman Islands		27,386			—			—		27,386
Chile		2,358,059			—			—		2,358,059
China		60,201,665			—			319,439		60,521,104
Columbia		597,580			—			—		597,580
Cyprus		182,517			—			—		182,517
Denmark		31,475,657			—			—		31,475,657
Faeroe Islands		155,917			—			—		155,917
Finland		16,479,661			—			5,593		16,485,254
France		87,273,275			—			—		87,273,275
Gabon		28,655			—			—		28,655
Georgia		134,111			—			—		134,111
Germany		114,089,023			—			—		114,089,023
Gibraltar		51,772			—			—		51,772
Greece		726,048			—			—		726,048
Guernsey		4,970,507			—			—		4,970,507
Hong Kong		54,826,969			17,058			1,041,756		55,885,783
Hungary		66,635			—			—		66,635
India		81,048,415			—			4,453		81,052,868
Indonesia		27,924,055			—			3,079		27,927,134
Ireland		33,716,565			651,155					34,367,720
Isle of Man		21,162			—			—		21,162
Israel		108,531,030			—			—		108,531,030
Italy		23,488,486			—			—		23,488,486

(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, 2015, the change in the S&P 500 Index did not exceed the Funds’ predetermined level (see footnote 3.A) and no transfers between levels occurred for the Funds for this reason. Certain investments for reasons other than exceeding the predetermined level for the Small & Mid Cap Fund were transferred into Level 2 from Level 1 in the amount of $236,441 and out of Level 2 into Level 1 in the amount of $381.
(c)	Represents securities as disclosed in the Bermuda, Hong Kong and the United States sections of the Fund’s Portfolio of Investments.

Old Westbury Funds, Inc.
Notes To Financial Statements - (Continued)
	*January 31, 2015 (Unaudited)*

(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, 2015. There were transfers into Level 3 of $489,181 and out of Level 3 in the amount of $896,248 for the Small & Mid Cap Fund. In addition, there were no significant purchases and sales during the period. As of January 31, 2015, the percentage of NAV was 0.03% and 0.07% for the Small & Mid Cap Fund and Strategic Opportunities Fund, respectively.

(e)	Represents securities as disclosed in the Thailand section of the Fund’s Portfolio of Investments.

	Collectible Coins
Beginning Balance, November 1, 2014		$25,081,918

Net change in unrealized appreciation/(depreciation)		213,566
Ending Balance, January 31, 2015		$25,295,484

	Fair Values of Derivative Instruments as of January 31, 2015
	Derivative Assets			Derivative Liabilities
Large Cap Strategies Fund	Statements of Assets and Liabilities Location	Value		Statements of Assets and Liabilities Location	Value
Foreign Currency Exchange Risk	Unrealized appreciation on forward foreign currency exchange contracts	$	44,655,549	Unrealized depreciation on forward foreign currency exchange contracts	$	—
Total		$	44,655,549		$	—

Small & Mid Cap Fund	Statements of Assets and Liabilities Location	Value			Value
Foreign Currency Exchange Risk	Unrealized appreciation on forward foreign currency exchange contracts	$	21,319,576	Unrealized depreciation on forward foreign currency exchange contracts	$	—
Total		$	21,319,576		$	—

Strategic Opportunities Fund	Statements of Assets and Liabilities Location	Value		Statements of Assets and Liabilities Location	Value
Interest Rate Risk				Unrealized depreciation on swap contracts	$	5,693,247
Equity Risk	Unrealized appreciation on swap contracts	$	12,598,258	Unrealized depreciation on swap contracts		9,622,251
	Structured option contracts, at value		112,752,752	Structured option contracts, at value		58,211,574
	Investments, at value (purchased options)		943,175	Written option contracts, at value		3,170,170
	Variation Margin		96,836
Foreign Currency Exchange Risk	Unrealized appreciation on swap contracts		583,227	Unrealized depreciation on swap contracts		794,537
	Structured option contracts, at value		36,928,208	Structured option contracts, at value		6,298,053
	Unrealized appreciation on forward foreign currency exchange contracts		62,770,989	Unrealized depreciation on forward foreign currency exchange contracts		47,166,280
Total		$	226,673,445		$	130,956,112

Real Return Fund	Statements of Assets and Liabilities Location	Value		Statements of Assets and Liabilities Location	Value
Commodity Risk	Variation Margin	$	683,600	Unrealized depreciation on swap contracts	$	5,228,349
	Investments, at value (purchased options)		403,115
Total		$	1,086,715		$	5,228,349

Currency Purchased		Currency Sold		Counterparty	Settlement Date	Unrealized Appreciation/ (Depreciation)
U.S. Dollar	125,000,006	Euro	100,445,980	Barclays Bank Plc	03/17/15	$	11,449,888
U.S. Dollar	124,999,996	Euro	100,501,947	Barclays Bank Plc	03/17/15		11,386,610
U.S. Dollar	125,000,002	Euro	100,521,101	Barclays Bank Plc	03/17/15		11,364,962
U.S. Dollar	115,000,006	Euro	92,480,901	Barclays Bank Plc	03/17/15		10,454,089
						$	44,655,549

Currency Purchased		Currency Sold		Counterparty	Settlement Date	Unrealized Appreciation/ (Depreciation)
U.S. Dollar	112,500,006	Euro	90,172,771	Citigroup, Inc.	03/17/15	$	10,563,336
U.S. Dollar	112,500,001	Euro	90,204,729	Citigroup, Inc.	03/17/15		10,527,204
U.S. Dollar	8,281,268	New Zealand Dollar	11,164,500	Citigroup, Inc.	04/30/15		229,036
						$	21,319,576

	Number of Options Contracts			Premiums Received
Contracts outstanding at October 31, 2014		39,003		$	9,945,609
Options written		9,527			5,250,227
Options terminated in closing purchase transactions		(6,452	)		(4,429,880	)
Options exercised		(21,181	)		(4,960,052	)
Options expired		(11,189	)		(3,102,838	)
Contracts outstanding at January 31, 2015		9,708		$	2,703,066

	October 31, 2017
Real Return Fund*	$	245,786,188
Fixed Income Fund*		—

	(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/ Matthew A. Rizzi
	Matthew A. Rizzi, Treasurer
	(Principal Financial Officer)