Delaware Investments Global Dividend and Income Fund, Inc.

Holdings as of 12/31/2009 (all share classes)

Portfolio holdings are as of the date noted above and are subject to change at any time. Holdings may not be representative of current or future investments and may not include the entire investment portfolio. Holdings information is made available to the public 30 calendar days after the most recent quarter-end.

Holdings data is for informational purposes only, and is not intended as a recommendation, offer, or solicitation for the purchase or sale of any specific security. By accessing the portfolio holdings, you agree not to reproduce, distribute or disseminate the portfolio holdings, in whole or part. In no event shall the Delaware Family of Funds or its affiliates have any liability relating to the use of the portfolio holdings.

Unlike the Fund's regulatory filings, the portfolio data and its presentation in this document is not required to conform to Generally Accepted Accounting Principles (GAAP) and Securities and Exchange Commission (SEC) presentation requirements. Therefore, it may differ from that provided in the complete portfolio of investments in the annual and semiannual report to shareholders filed with the SEC on Form N-CSR, and the complete portfolio of investments filed in the first and third quarter on Form N-Q.

SEC description	# Holdings	Portfolio %	Market value	Income rate	Maturity date	Nasdaq symbol
AAR CORP	90,000.00	0.26	$90,900.00	1.75	02/01/2026	AIR CB
ACCELLENT INC	30,000.00	0.08	$29,025.00	10.50	12/01/2013	00430XAB3
ADVANCED MICRO DEVICES INC	10,000.00	0.03	$10,012.50	8.12	12/15/2017	AMD
ADVANCED MICRO DEVICES INC	90,000.00	0.23	$81,450.00	6.00	05/01/2015	AMD CB1
ADVANCED MICRO DEVICES INC	165,000.00	0.43	$149,325.00	6.00	05/01/2015	AMD CB
AES CORP/THE	6,000.00	0.02	$6,180.00	8.75	05/15/2013	AES
AES CORP/THE	11,000.00	0.03	$11,343.75	8.00	10/15/2017	AES
AES CORP/THE	15,000.00	0.04	$15,337.50	8.00	06/01/2020	AES
AFFINION GROUP INC	15,000.00	0.05	$15,787.50	11.50	10/15/2015	AFFINI
AGRIUM INC	4,400.00	0.77	$270,600.00	0.11	N/A	AGU
ALASKA COMMUNICATIONS SYSTEMS	105,000.00	0.28	$96,468.75	5.75	03/01/2013	ALSK CB
ALEXANDRIA REAL ESTATE EQUITIE	800.00	0.15	$51,432.00	1.40	N/A	ARE
ALGOMA ACQUISITION CORP	45,000.00	0.11	$38,531.25	9.88	06/15/2015	AGACN
ALLERGAN INC/UNITED STATES	150,000.00	0.50	$173,437.50	1.50	04/01/2026	AGN CB
ALLIANCE HEALTHCARE SERVICES I	1,680.00	0.03	$9,592.80	0.00	N/A	AIQ
ALLIANCE HEALTHCARE SERVICES I	20,000.00	0.06	$19,600.00	8.00	12/01/2016	AIQ
ALLIANCE ONE INTERNATIONAL INC	5,000.00	0.02	$5,275.00	10.00	07/15/2016	AOI
ALLIANCE ONE INTERNATIONAL INC	25,000.00	0.08	$26,375.00	10.00	07/15/2016	AOI
ALLIED WASTE NORTH AMERICA INC	10,000.00	0.03	$10,663.63	7.12	05/15/2016	AW
ALLISON TRANSMISSION 144A	45,000.00	0.14	$47,475.00	11.00	11/01/2015	019736AA5
ALLSTATE CORP/THE	9,900.00	0.85	$297,396.00	0.80	N/A	ALL
AMB PROPERTY CORP	385.00	0.03	$9,836.75	1.12	N/A	AMB
AMERICAN AXLE & MANUFACTURING	15,000.00	0.04	$15,300.00	9.25	01/15/2017	AXL
AMERICAN AXLE & MFG INC	25,000.00	0.06	$21,250.00	7.88	03/01/2017	02406PAF7
AMERICAN WATER WORKS	800.00	0.05	$17,928.00	0.21	N/A	AWK
AMERIGAS PARTNERS LP/AMERIGAS	7,000.00	0.02	$7,035.00	7.12	05/20/2016	APU
AMGEN INC	60,000.00	0.17	$60,675.00	0.38	02/01/2013	AMGN CB
AMGEN INC	85,000.00	0.25	$85,956.25	0.38	02/01/2013	AMGN CB1
AMH HOLDINGS INC	15,000.00	0.04	$14,550.00	11.25	03/01/2014	SIDE
ANIXTER INTERNATIONAL INC	15,000.00	0.05	$16,650.00	10.00	03/15/2014	AXE
ANNALY CAPITAL MANAGEMENT INC	400.00	0.02	$6,940.00	2.76	N/A	NLY
ANTERO RESOURCES FINANCE CORP	30,000.00	0.09	$30,750.00	9.38	12/01/2017	ANTERO
APARTMENT INVESTMENT & MANAGEM	1,732.00	0.08	$27,573.44	0.40	N/A	AIV
AQUILEX HOLDINGS LLC/AQUILEX F	30,000.00	0.09	$30,075.00	11.12	12/15/2016	AQUILE
ARAMARK CORP	23,000.00	0.07	$23,805.00	8.50	02/01/2015	RMK
ARCELORMITTAL	3,127.00	0.41	$142,734.16	0.75	N/A	MT NA
ARCELORMITTAL	72,000.00	0.21	$74,413.80	6.12	06/01/2018	MTNA
ARCHER-DANIELS-MIDLAND CO	10,800.00	0.97	$338,148.00	0.56	N/A	ADM
ARVINMERITOR INC	35,000.00	0.10	$33,600.00	8.12	09/15/2015	ARM
ARVINMERITOR INC	95,000.00	0.20	$71,012.50	4.00	02/15/2027	ARM CB
ASAHI GLASS CO LTD	25,000.00	0.68	$237,955.15	16.00	N/A	5201 JP
ASPEN INSURANCE CNV PFD	3,400.00	0.51	$179,137.50	2.81	N/A	EP0179044
ASSOCIATED MATERIALS LLC/ASSOC	5,000.00	0.02	$5,300.00	9.88	11/15/2016	SIDE
ASTELLAS PHARMA INC	5,500.00	0.59	$205,330.97	125.00	N/A	4503 JP
ASTRAZENECA PLC	2,170.00	0.29	$101,973.94	1.26	N/A	AZN LN
AT&T INC	9,600.00	0.77	$269,088.00	1.64	N/A	T
AUSTRALIAN DOLLAR	157,527.97	0.40	$141,499.48	0.00	N/A	AUD
AUTOLIV INC	6,600.00	0.82	$286,176.00	0.00	N/A	ALV
AVADO BRANDS (RESTRICTED)	272.00	0.00	$0.00	0.00	N/A	05336N996
AVIS BUDGET CAR RENTAL LLC/AVI	20,000.00	0.05	$18,800.00	8.00	05/15/2016	053773AF4
AVIS BUDGET CAR RENTAL LLC/AVI	40,000.00	0.11	$38,200.00	7.88	05/15/2014	CAR
AXA SA	8,388.00	0.56	$196,680.82	0.39	N/A	CS FP
BAC CAPITAL TRUST XIV	45,000.00	0.09	$31,387.50	5.63	12/31/2049	05518VAA3
BANCO SANTANDER SA	15,033.00	0.71	$248,086.20	0.64	N/A	SAN SM
BANK OF AMERICA	40,000.00	0.11	$38,565.52	1.28	N/A	060505DR2
BANK OF AMERICA CORP	5,000.00	0.01	$4,819.95	8.12	12/29/2049	060505DT8
BANK OF NEW YORK MELLON CORP/T	9,700.00	0.78	$271,309.00	0.36	N/A	BK
BAUSCH & LOMB INC	40,000.00	0.12	$42,400.00	9.88	11/01/2015	BOL
BAYERISCHE MOTOREN WERKE AG	5,291.00	0.69	$242,052.12	0.30	N/A	BMW GR
BEAZER HOMES USA INC	37,000.00	0.10	$34,502.50	4.62	06/15/2024	BZH CB
BEAZER HOMES USA INC	40,000.00	0.11	$39,200.00	8.62	05/15/2011	07556QAE5
BIOMET INC	35,000.00	0.11	$38,850.00	11.62	10/15/2017	BMET
BLACKSTONE GROUP LP	1,000.00	0.04	$13,120.00	1.20	N/A	BX
BOSTON PROPERTIES INC	800.00	0.15	$53,656.00	2.00	N/A	BXP
BP PLC	18,947.00	0.52	$183,276.91	0.38	N/A	BP/ LN
BRANDYWINE REALTY TRUST	2,300.00	0.07	$26,220.00	0.60	N/A	BDN
BRAZILIAN GOVERNMENT INTERNATI	500,000.00	0.93	$325,588.07	12.50	01/05/2016	BRAZIL
BRE PROPERTIES INC	1,000.00	0.09	$33,080.00	1.50	N/A	BRE
BRISTOL-MYERS SQUIBB CO	12,200.00	0.88	$308,050.00	1.24	N/A	BMY
BRISTOW GROUP INC	120,000.00	0.31	$108,150.00	3.00	06/15/2038	BRS CB
BRITISH POUNDS	100,347.29	0.46	$162,176.27	0.00	N/A	POUNDS
BROOKFIELD INFRASTRUCTURE PA	1,600.00	0.08	$26,832.00	8.41	N/A	BIP
BUILDING MAT COR	25,000.00	0.07	$24,875.00	7.75	08/01/2014	120111BC2
BURLINGTON COAT FACTORY INVEST	60,000.00	0.17	$60,300.00	14.50	10/15/2014	BCFACT
BURLINGTON COAT FACTORY WAREHO	15,000.00	0.04	$15,562.50	11.12	04/15/2014	121579AB2
BWAY CORP	30,000.00	0.09	$31,875.00	10.00	04/15/2014	BWY
CABLEVISION SYSTEMS CORP	15,000.00	0.04	$15,693.75	8.62	09/15/2017	CVC
CALIFORNIA STEEL INDUSTRIES IN	30,000.00	0.08	$28,275.00	6.12	03/15/2014	CALSTL
CALPINE CONSTRUCTION FINANCE C	30,000.00	0.09	$31,050.00	8.00	06/01/2016	CPN
CALPINE CORP ESCROW TRACKING	70,000.00	0.00	$0.01	0.00	N/A	131ESC9B3
CAMDEN PROPERTY TRUST	640.00	0.08	$27,116.80	1.80	N/A	CPT
CANADIAN DOLLAR	1,781.33	0.00	$1,695.46	0.00	N/A	CANDOLLAR
CAPITAL ONE CAPITAL V	30,000.00	0.10	$34,965.45	10.25	08/15/2039	COF
CARDINAL HEALTH INC	10,800.00	0.99	$348,192.00	0.70	N/A	CAH
CARDTRONICS INC	17,000.00	0.05	$17,573.75	9.25	08/15/2013	CATM
CARDTRONICS INC	20,000.00	0.06	$20,675.00	9.75	08/15/2013	CATM
CARROLS CORP	10,000.00	0.03	$10,200.00	9.00	01/15/2013	TAST
CASELLA WASTE SYSTEMS INC	48,000.00	0.14	$47,640.00	9.75	02/01/2013	CWST
CASH	1,294,614.46	3.70	$1,294,614.46	0.00	12/15/2038	US-CASH
CCH II LLC / CCH II CAPITAL CO	35,000.00	0.12	$41,387.50	13.50	11/30/2016	CHTR
CEDAR SHOPPING CENTERS INC	1,100.00	0.02	$7,480.00	0.00	N/A	CDR
CENGAGE LEARNING ACQUISITIONS	20,000.00	0.05	$19,225.00	10.75	01/15/2015	TLACQ
CENTURY ALUMINUM CO	5,000.00	0.01	$4,806.25	1.75	08/01/2024	CENX CB
CENTURY ALUMINUM CO	30,300.00	0.08	$29,694.00	8.00	05/15/2014	CENX
CENTURY COMM TRACKING	125,000.00	0.00	$0.00	0.00	N/A	156ESCAG0
CEQUEL COMMUNICATIONS HOLDINGS	20,000.00	0.06	$20,300.00	8.62	11/15/2017	CEQUEL
CGI GROUP INC	38,228.00	1.48	$518,123.75	0.00	N/A	GIB/A CN
CHARTER COMMUNICATIONS OPERATI	35,000.00	0.11	$39,375.00	10.88	09/15/2014	CHTR
CHESAPEAKE ENERGY CORP	10,000.00	0.03	$11,025.00	9.50	02/15/2015	CHK
CHESAPEAKE ENERGY CORP	90,000.00	0.20	$68,512.50	2.25	12/15/2038	CHK CB
CHEVRON CORP	3,900.00	0.86	$300,261.00	2.72	N/A	CVX
CHIMERA INVESTMENT CORP	4,900.00	0.05	$19,012.00	0.48	N/A	CIM
CHUNGHWA TELECOM CO LTD	10,977.00	0.58	$203,842.89	1.06	N/A	CHT
CIE DE SAINT-GOBAIN	5,123.00	0.79	$277,535.67	1.00	N/A	SGO FP
CINCINNATI BELL INC	20,000.00	0.06	$20,400.00	8.25	10/15/2017	CBB
CITIGROUP CAPITAL XXI	15,000.00	0.04	$14,512.50	8.30	12/21/2057	173094AA1
CITY NATIONAL CAPITAL TRUST I	40,000.00	0.12	$42,593.20	9.62	02/01/2040	CYN
CLEAR CHANNEL COMMUNICATIONS I	45,000.00	0.10	$35,550.00	10.75	08/01/2016	CCU
CLEARWIRE COMMUNICATIONS LLC/C	40,000.00	0.12	$40,800.00	12.00	12/01/2015	CLWR
CLEARWIRE CORP	40,000.00	0.12	$40,800.00	12.00	12/01/2015	CLWR
CNOOC LTD	161,000.00	0.72	$250,818.99	0.40	N/A	883 HK
COCA-COLA AMATIL LTD	26,072.00	0.77	$268,816.43	0.58	N/A	CCL AU
COGDELL SPENCER INC	3,100.00	0.05	$17,546.00	0.40	N/A	CSA
COMMUNITY HEALTH SYSTEMS INC	15,000.00	0.04	$15,562.50	8.88	07/15/2015	CYH
COMPLETE PRODUCTION SERVICES I	25,000.00	0.07	$24,781.25	8.00	12/15/2016	CPX
CONOCOPHILLIPS	5,800.00	0.85	$296,206.00	2.00	N/A	COP
COPANO ENERGY LLC / COPANO ENE	30,000.00	0.09	$30,225.00	7.75	06/01/2018	CPNO
CORNELL COS INC	15,000.00	0.04	$15,393.75	10.75	07/01/2012	CRN
CORPORATE OFFICE PROPERTIES LP	75,000.00	0.21	$72,937.50	3.50	09/15/2026	OFC CVB
COTT BEVERAGES INC	25,000.00	0.07	$25,875.00	8.38	11/15/2017	BCB
CPM HOLDINGS INC	5,000.00	0.02	$5,300.00	10.62	09/01/2014	CPMH
CRICKET COMMUNICATIONS INC	77,000.00	0.22	$77,770.00	9.38	11/01/2014	LEAP
CROWN AMERICAS LLC / CROWN AME	10,000.00	0.03	$10,375.00	7.62	11/15/2013	CCK
CVS CAREMARK CORP	9,700.00	0.89	$312,437.00	0.30	N/A	CVS
CYPRESS SHARPRIDGE INVESTMENTS	3,000.00	0.12	$40,530.00	1.40	N/A	CYS
DANISH KRONE	21,874.92	0.01	$4,208.18	0.00	N/A	DKK
DELTA AIR LINES INC	1.00	0.00	$11.38	0.00	N/A	DAL
DELTA AIR LINES INC	15,000.00	0.04	$15,656.25	9.50	09/15/2014	DAL
DELTA AIR LINES INC/OLD	15,000.00	0.04	$15,075.00	7.92	11/18/2010	DAL
DENBURY RESOURCES INC	5,000.00	0.01	$5,050.00	7.50	04/01/2013	24823UAE8
DENBURY RESOURCES INC	15,000.00	0.05	$16,087.50	9.75	03/01/2016	DNR
DEUTSCHE POST AG	13,106.00	0.73	$254,180.86	0.60	N/A	DPW GR
DEVELOPERS DIVERSIFIED REALTY	5,000.00	0.01	$5,225.91	9.62	03/15/2016	DDR
DIGITAL REALTY TRUST INC	1,200.00	0.17	$60,336.00	1.80	N/A	DLR
DIGITAL REALTY TRUST LP	40,000.00	0.15	$52,250.00	5.50	04/15/2029	DLR CB
DIRECTV	350.00	0.03	$11,672.50	0.00	N/A	DTV
DISH DBS CORP	10,000.00	0.03	$10,537.50	7.88	09/01/2019	DISH
DISH DBS CORP	30,000.00	0.09	$31,612.50	7.88	09/01/2019	DISH
DJO FINANCE LLC / DJO FINANCE	35,000.00	0.11	$37,100.00	10.88	11/15/2014	REABLE
DOLE FOOD CO INC	13,000.00	0.04	$15,697.50	13.88	03/15/2014	DOLEFC
DOLLAR FINANCIAL CORP	40,000.00	0.12	$41,100.00	10.38	12/15/2016	DLLR
DOMINION RESOURCES INC/VA	110,000.00	0.36	$127,600.00	2.12	12/15/2023	D CB
DON QUIJOTE CO LTD	8,200.00	0.57	$199,108.46	23.00	N/A	7532 JP
DRUMMOND CO INC	40,000.00	0.12	$42,150.00	9.00	10/15/2014	DRUMCO
DUANE READE INC	20,000.00	0.06	$21,800.00	11.75	08/01/2015	DRD
DYNEGY HOLDINGS INC	35,000.00	0.09	$30,537.50	7.75	06/01/2019	DYN
E*TRADE FINANCIAL CORP	26,000.00	0.08	$29,672.50	12.50	11/30/2017	ETFC
EASTMAN KODAK	10,000.00	0.02	$8,300.00	7.25	11/15/2013	277461BD0
EDISON INTERNATIONAL	9,300.00	0.92	$323,454.00	1.24	N/A	EIX
EDISON MISSION ENERGY	20,000.00	0.05	$15,900.00	7.00	05/15/2017	EIX
EI DU PONT DE NEMOURS & CO	8,700.00	0.84	$292,929.00	1.64	N/A	DD
EL PASO CORP	5,000.00	0.01	$4,983.96	7.00	06/15/2017	EP
EL PASO CORP	21,000.00	0.06	$21,089.48	6.88	06/15/2014	EP
EL PASO ENERGY CAPITAL TRUST I	1,950.00	0.20	$71,272.50	0.00	N/A	EP C
EL PASO PERFORMANCE-LINKED TRU	46,000.00	0.14	$47,387.41	7.75	07/15/2011	EP
ELWOOD ENERGY LLC	85,265.26	0.23	$78,831.91	8.16	07/05/2026	ELWOOD
ENERGY FUTURE HOLDINGS CORP	15,000.00	0.04	$12,337.50	11.38	11/01/2017	TXU
ENERGY FUTURE HOLDINGS TERM B2	24,733.86	0.06	$20,150.43	3.74	10/10/2014	LN363469
ENTERPRISE PRODUCTS OPERATING	5,000.00	0.01	$4,881.04	8.38	08/01/2066	EPD
ENTERPRISE PRODUCTS OPERATING	50,000.00	0.17	$59,725.20	9.75	01/31/2014	EPD
ENTERTAINMENT PROPERTIES TRUST	1,200.00	0.12	$42,324.00	2.60	N/A	EPR
EQUITY RESIDENTIAL	2,400.00	0.23	$81,072.00	1.35	N/A	EQR
ESPRIT HOLDINGS LTD	34,607.19	0.66	$229,598.37	1.48	N/A	330 HK
EURO	921,078.18	3.77	$1,318,661.57	0.00	N/A	EURO
EURONET WORLDWIDE INC	165,000.00	0.44	$154,893.75	3.50	10/15/2025	EEFT CB
EUROPEAN INVESTMENT BANK	73,000.00	0.19	$64,802.89	6.12	01/23/2017	EIB
EUROPEAN INVESTMENT BANK	960,000.00	0.48	$169,358.53	4.00	05/15/2014	EIB
FEDERAL NATIONAL MORTGAGE ASSO	1,500.00	0.01	$2,670.00	0.00	N/A	313586745
FEDERAL REALTY INVESTMENT TRUS	100.00	0.02	$6,772.00	2.64	N/A	FRT
FEDERATED RETAIL	30,000.00	0.07	$25,500.00	6.38	03/15/2037	314275AC2
FELCOR LODGING TRUST INC	35,000.00	0.10	$35,481.25	10.00	10/01/2014	FCH
FINMECCANICA SPA	13,067.00	0.60	$208,936.93	0.41	N/A	FNC IM
FIRST DATA CORP	60,000.00	0.16	$56,250.00	9.88	09/24/2015	FDC
FLEXTRONICS INTERNATIONAL	1,000.00	0.02	$7,310.00	0.00	N/A	FLEX
FLEXTRONICS INTERNATIONAL LTD	35,000.00	0.10	$34,562.50	1.00	08/01/2010	FLEX CB
FMG FINANCE PTY LTD	35,000.00	0.11	$38,893.75	10.62	09/01/2016	30250BAC3
FORD MOTOR CO	40,000.00	0.10	$35,550.00	7.45	07/16/2031	F
FORD MOTOR CREDIT CO LLC	100,000.00	0.33	$116,080.00	12.00	05/15/2015	F
FREEPORT-MCMORAN C & G	35,000.00	0.11	$38,377.54	8.38	04/01/2017	35671DAS4
FREESCALE SEMICONDUCTOR INC	45,000.00	0.12	$41,512.50	8.88	12/15/2014	FSL
FRONTIER COMMUNICATIONS CORP	4,600.00	0.10	$35,926.00	1.00	N/A	FTR
FTI CONSULTING INC	5,000.00	0.01	$5,093.75	7.62	06/15/2013	FCN
GAYLORD ENTERTAINMENT	20,000.00	0.05	$18,700.00	6.75	11/15/2014	367905AD8
GAYLORD ENTERTAINMENT CO	90,000.00	0.26	$92,137.50	3.75	10/01/2014	GET CB
GCI INC	40,000.00	0.12	$40,550.00	8.62	11/15/2019	GNCMA
GE CAPITAL EUROPEAN FUNDING	1,200,000.00	5.21	$1,824,795.39	5.25	05/18/2015	GE
GE CAPITAL UK FUNDING	114,000.00	0.51	$179,462.25	4.62	01/18/2016	GE
GENERAL ELECTRIC CAPITAL CORP	1,000,000.00	0.41	$143,336.36	5.12	01/28/2014	GE
GENERAL ELECTRIC CAPITAL CORP	1,000,000.00	0.48	$169,595.13	2.07	02/02/2011	GE
GENERAL MARITIME CORP	20,000.00	0.06	$20,925.00	12.00	11/15/2017	GMR
GEOEYE INC	100.00	0.01	$2,788.00	0.00	N/A	GEOY
GEOEYE INC	25,000.00	0.07	$25,843.75	9.62	10/01/2015	GEOY
GLOBAL CASH ACCESS LLC/GLOBAL	10,000.00	0.03	$10,012.50	8.75	03/15/2012	GLCASH
GLOBAL CROSSING LTD	30,000.00	0.09	$33,075.00	12.00	09/15/2015	GLBC
GMAC LLC	17,000.00	0.05	$16,830.00	6.62	05/15/2012	GMAC
GMAC LLC	30,000.00	0.08	$29,700.00	6.00	12/15/2011	GMAC
GMAC LLC	42,000.00	0.12	$41,580.00	6.88	08/28/2012	GMAC
GMAC LLC	50,000.00	0.14	$49,750.00	6.88	09/15/2011	GMAC
GOODYEAR TIRE & RUBBER	25,000.00	0.07	$26,125.00	9.00	07/01/2015	382550AU5
GOODYEAR TIRE & RUBBER CO/THE	10,000.00	0.03	$11,100.00	10.50	05/15/2016	GT
GOVERNMENT PROPERTIES INCOME T	900.00	0.06	$20,682.00	1.60	N/A	GOV
GRAHAM PACKAGING	60,000.00	0.18	$61,500.00	9.88	10/15/2014	38470RAD3
GRAPHIC PACKAGING INTERNATIONA	25,000.00	0.08	$26,625.00	9.50	06/15/2017	GPK
GREGGS PLC	23,847.00	0.48	$167,246.91	0.00	N/A	GRG LN
GRUPO AEROPORTUARIO DEL CENTRO	1,200.00	0.05	$15,972.00	0.61	N/A	OMAB
GXS WORLDWIDE INC	40,000.00	0.11	$39,500.00	9.75	06/15/2015	GXSWLD
HARRAH'S OPERATING ESCROW LLC/	60,000.00	0.18	$63,075.00	11.25	06/01/2017	HET
HARRAHS CHESTER DOWNS TERM LOA	15,000.00	0.04	$15,131.25	12.38	12/31/2016	HET
HCA INC/DE	15,000.00	0.05	$16,143.75	9.25	11/15/2016	HCA
HCA INC/DE	78,000.00	0.24	$84,630.00	9.62	11/15/2016	HCA
HCP INC	3,100.00	0.27	$94,674.00	1.84	N/A	HCP
HEADWATERS INC	40,000.00	0.12	$41,900.00	11.38	11/01/2014	HW
HEALTH CARE REIT INC	1,975.00	0.25	$87,532.00	2.72	N/A	HCN
HELIX ENERGY SOLUTIONS GROUP I	35,000.00	0.10	$36,050.00	9.50	01/15/2016	HLX
HERCULES OFFSHORE INC	30,000.00	0.09	$31,800.00	10.50	10/15/2017	HERO
HERTZ CORP/THE	20,000.00	0.06	$21,450.00	10.50	01/01/2016	HTZ
HEXION SPECIALTY	32,000.00	0.09	$31,520.00	9.75	11/15/2014	428303AH4
HIGHWOODS PROPERTIES INC	700.00	0.07	$23,345.00	1.70	N/A	HIW
HILCORP ENERGY I LP/HILCORP FI	7,000.00	0.02	$6,895.00	7.75	11/01/2015	HILCRP
HILCORP ENERGY I LP/HILCORP FI	27,000.00	0.08	$27,540.00	9.00	06/01/2016	HILCRP
HJ HEINZ CO	6,200.00	0.76	$265,112.00	1.68	N/A	HNZ
HOLLY CORP	35,000.00	0.11	$37,012.50	9.88	06/15/2017	HOC
HOLOGIC INC	125,000.00	0.31	$107,343.75	2.00	12/15/2037	HOLX CB
HONG KONG DOLLAR	208,441.09	0.08	$26,882.79	0.00	N/A	HKONGDOL
HOST HOTELS & RESORTS INC	4,750.00	0.16	$55,432.50	0.00	N/A	HST
HUGHES NETWORK SYSTEMS LLC/HNS	52,000.00	0.15	$53,950.00	9.50	04/15/2014	HUGH
HUTCHINSON TECHNOLOGY INC	120,000.00	0.28	$97,050.00	3.25	01/15/2026	HTCH CB
INERGY LP/INERGY FINANCE CORP	20,000.00	0.06	$20,400.00	8.25	03/01/2016	NRGY
INERGY LP/INERGY FINANCE CORP	52,000.00	0.15	$51,610.00	6.88	12/15/2014	NRGY
INGLES MARKETS INC	20,000.00	0.06	$20,900.00	8.88	05/15/2017	IMKTA
INNOPHOS HOLDINGS INC	30,000.00	0.09	$30,600.00	9.50	04/15/2012	IPHS
INTEL CORP	17,200.00	1.00	$350,880.00	0.63	N/A	INTC
INTEL CORP	30,000.00	0.10	$34,612.50	3.25	08/01/2039	INTC CB2
INTELSAT	40,000.00	0.11	$37,700.00	6.50	11/01/2013	45820EAH5
INTELSAT BERMUDA LTD	75,000.00	0.22	$75,562.50	11.25	02/04/2017	INTEL
INTELSAT JACKSON HLDG	37,000.00	0.11	$40,237.50	11.25	06/15/2016	INTEL
INTER-AMERICAN DEVELOPMENT BAN	189,000.00	0.41	$144,615.61	7.25	05/24/2012	IADB
INTERFACE INC	5,000.00	0.01	$4,943.75	9.50	02/01/2014	458665AJ5
INTERFACE INC	10,000.00	0.03	$11,225.00	11.38	11/01/2013	IFSIA
INTERNATIONAL BANK FOR RECONST	1,443,000.00	3.52	$1,230,896.70	5.75	10/21/2019	IBRD
INTERNATIONAL BUSINESS MACHINE	2,800.00	1.05	$366,520.00	2.20	N/A	IBM
INTERNATIONAL COAL GROUP INC	45,000.00	0.12	$43,481.25	10.25	07/15/2014	ICOUS
INTERNATIONAL GAME TECHNOLOGY	65,000.00	0.23	$79,543.75	3.25	05/01/2014	IGT CB
INTERNATIONAL LEASE FINANCE CO	5,000.00	0.01	$4,113.73	6.38	03/25/2013	AIG
INTERNATIONAL LEASE FINANCE CO	5,000.00	0.01	$4,342.59	5.35	03/01/2012	AIG
INTERNATIONAL LEASE FINANCE CO	10,000.00	0.02	$8,331.81	5.55	09/05/2012	AIG
INTERNATIONAL LEASE FINANCE CO	15,000.00	0.03	$12,084.47	6.62	11/15/2013	AIG
INTERNATIONAL LEASE FINANCE CO	20,000.00	0.05	$16,323.54	5.25	01/10/2013	45974VZX9
INTERNATIONAL LEASE FINANCE CO	25,000.00	0.06	$19,625.70	5.62	09/20/2013	AIG
INTERPUBLIC GROUP OF COS INC	140.00	0.31	$106,785.00	0.00	N/A	460690407
INTERPUBLIC GROUP OF COS INC	15,000.00	0.04	$14,981.25	4.25	03/15/2023	IPG CB
INTERTAPE POLYMER US INC	26,000.00	0.06	$22,392.50	8.50	08/01/2014	ITP
INTL BK RECON & DEVELOP	220,000.00	0.35	$124,100.57	8.75	06/15/2012	IBRD
INTL BK RECON & DEVELOP	408,000.00	0.83	$291,933.27	5.38	12/15/2014	IBRD
INVERNESS MEDICAL INNOVATIONS	25,000.00	0.07	$25,687.50	9.00	05/15/2016	IMA
INVERNESS MEDICAL INNOVATIONS	85,000.00	0.28	$97,962.50	3.00	05/15/2016	IMA CB
IRON MOUNTAIN INC	30,000.00	0.09	$30,600.00	8.00	06/15/2020	IRM
JAPANESE YEN	8,097,097.03	0.25	$86,995.41	0.00	N/A	YENS
JBS USA LLC/JBS USA FINANCE IN	25,000.00	0.08	$28,437.50	11.62	05/01/2014	JBSUS
JEFFERIES GROUP INC	50,000.00	0.14	$49,625.00	3.88	11/01/2029	JEF CB1
JOHNSON & JOHNSON	4,200.00	0.77	$270,522.00	1.96	N/A	JNJ
JOHNSONDIVERSEY HOLDINGS INC	80,000.00	0.23	$80,800.00	10.50	05/15/2020	JONDIV
JP MORGAN CHASE CAPITAL XXV	202,000.00	0.58	$201,321.49	6.80	10/01/2037	JPM
JSG FUNDING PLC	45,000.00	0.12	$43,481.25	7.75	04/01/2015	46627TAD4
K HOVNANIAN ENTERPRISES INC	10,000.00	0.02	$7,200.00	6.25	01/15/2015	442488AU6
K HOVNANIAN ENTERPRISES INC	15,000.00	0.03	$10,800.00	7.50	05/15/2016	442488AZ5
K HOVNANIAN ENTERPRISES INC	15,000.00	0.04	$15,750.00	10.62	10/15/2016	HOV
KEY ENERGY SERVICES INC	40,000.00	0.12	$40,300.00	8.38	12/01/2014	KEG
KIMBERLY-CLARK CORP	4,400.00	0.80	$280,324.00	2.40	N/A	KMB
KIMCO REALTY CORP	4,700.00	0.18	$63,591.00	0.64	N/A	KIM
KONINKLIJKE PHILIPS ELECTRONIC	10,340.00	0.87	$305,238.55	0.70	N/A	PHIA NA
KRAFT FOODS INC	9,500.00	0.74	$258,210.00	1.16	N/A	KFT
L-3 COMMUNICATIONS HOLDINGS IN	105,000.00	0.32	$110,775.00	3.00	08/01/2035	LLL CB1
LABRANCHE & CO INC	56,000.00	0.15	$54,110.00	11.00	05/15/2012	LAB
LAFARGE SA	2,695.00	0.63	$221,650.42	2.00	N/A	LG FP
LANDRY'S RESTAURANTS INC	60,000.00	0.18	$63,900.00	11.62	12/01/2015	LNY
LEAP WIRELESS INTERNATIONAL IN	80,000.00	0.19	$66,600.00	4.50	07/15/2014	LEAP CB1
LEVEL 3 COMMUNICATIONS INC	105,000.00	0.29	$100,143.75	5.25	12/15/2011	LVLT CNV
LEVEL 3 FINANCING INC	15,000.00	0.04	$14,250.00	9.25	11/01/2014	527298AM5
LEVEL 3 FINANCING INC	15,000.00	0.05	$15,975.00	12.25	03/15/2013	LVLT
LEVERAGE SEC DK	-10,725,000.00	-30.64	-$10,725,000.00	0.44	11/29/2010	DKLEV
LEXINGTON REALTY TRUST	3,300.00	0.06	$20,064.00	0.40	N/A	LXP
LIBERTY PROPERTY TRUST	600.00	0.05	$19,206.00	1.90	N/A	LRY
LIFEPOINT HOSPITALS INC	40,000.00	0.11	$37,450.00	3.50	05/15/2014	LPNT CB
LINDE AG	1,782.00	0.61	$213,625.16	1.80	N/A	LIN GR
LINEAR TECHNOLOGY CORP	50,000.00	0.14	$50,375.00	3.00	05/01/2027	LLTC CB2
LONG TERM RECEIVABLES	-212,190.08	-0.61	-$212,190.08	0.00	N/A	SECNCAHUS
LOWE'S COS INC	13,800.00	0.92	$322,782.00	0.36	N/A	LOW
LTC PROPERTIES INC	800.00	0.06	$21,400.00	1.56	N/A	LTC
LUCENT TECHNOLOGIES CAPITAL TR	120.00	0.26	$92,430.00	0.00	N/A	LUTHP
LUCENT TECHNOLOGIES INC	17,000.00	0.04	$12,261.25	6.45	03/15/2029	ALUFP
M-FOODS HOLDINGS INC	10,000.00	0.03	$10,437.50	9.75	10/01/2013	MICFOO
M/I HOMES INC	20,000.00	0.05	$18,950.00	6.88	04/01/2012	MHO
MACDERMID INC	78,000.00	0.22	$78,390.00	9.50	04/15/2017	MRD
MACERICH CO/THE	1,569.34	0.16	$56,417.88	0.24	N/A	MAC
MACK-CALI REALTY CORP	4,000.00	0.40	$138,280.00	1.80	N/A	CLI
MACY'S RETAIL HOLDINGS INC	10,000.00	0.03	$8,900.00	7.88	08/15/2036	M
MACY'S RETAIL HOLDINGS INC	10,000.00	0.03	$10,625.00	10.62	11/01/2010	M
MARATHON OIL CORP	8,800.00	0.78	$274,736.00	0.96	N/A	MRO
MARINER ENERGY INC	60,000.00	0.17	$57,900.00	8.00	05/15/2017	ME
MARKWEST ENERGY PARTNERS LP /	35,000.00	0.10	$36,225.00	8.75	04/15/2018	MWE
MATTEL INC	15,300.00	0.87	$305,694.00	0.75	N/A	MAT
MAY DEPT STORES	5,000.00	0.01	$4,375.00	6.70	07/15/2034	577778CE1
MDC PARTNERS INC	20,000.00	0.06	$20,900.00	11.00	11/01/2016	MDCA
MEDIACOM LLC / MEDIACOM CAPITA	20,000.00	0.06	$20,500.00	9.12	08/15/2019	MCCC
MEDTRONIC INC	110,000.00	0.33	$115,362.50	1.62	04/15/2013	MDT CB1
MERCK & CO INC/NJ	10,519.00	1.10	$384,364.26	1.52	N/A	MRK
MERISTAR HOSPITALITY CORP	85,000.00	0.25	$87,252.50	9.50	04/01/2010	MHX CVB
MERITAGE HOMES CORP	5,000.00	0.01	$4,625.00	6.25	03/15/2015	MTH
MERITAGE HOMES CORP	25,000.00	0.07	$24,000.00	7.00	05/01/2014	59001AAH5
METRO AG	3,843.00	0.67	$236,208.82	1.18	N/A	MEO GR
METROPCS WIRELESS INC	57,000.00	0.17	$57,997.50	9.25	11/01/2014	GWIR
MEXICAN PESO	715.39	0.00	$54.70	0.00	N/A	PESOS
MGM MIRAGE	10,000.00	0.02	$7,825.00	6.62	07/15/2015	MGM
MGM MIRAGE	25,000.00	0.06	$19,625.00	7.50	06/01/2016	MGM
MGM MIRAGE	25,000.00	0.08	$28,812.50	13.00	11/15/2013	MGM
MGM MIRAGE	50,000.00	0.11	$39,125.00	7.62	01/15/2017	MGM
MIRANT 2.50% CNV (ESCROW)	50,000.00	0.00	$0.00	0.00	N/A	6046759B6
MIRANT AMERICAS GENERATION LLC	100,000.00	0.27	$95,500.00	8.50	10/01/2021	MIR
MIRANT CORP	53.00	0.00	$809.31	0.00	N/A	MIR
MITSUBISHI UFJ FINANCIAL GROUP	48,439.00	0.68	$238,753.94	12.00	N/A	8306 JP
MOBILE MINI INC	363.00	0.01	$5,114.67	0.00	N/A	MINI
MOBILE MINI INC	35,000.00	0.09	$33,250.00	6.88	05/01/2015	MINI
MOHEGAN TRIBAL GAMING AUTHORIT	10,000.00	0.02	$6,550.00	6.88	02/15/2015	608328AR1
MOHEGAN TRIBAL GAMING AUTHORIT	25,000.00	0.05	$17,156.25	7.12	08/15/2014	608328AP5
MOMENTIVE PERFORMANCE MATERIAL	20,000.00	0.06	$22,100.00	12.50	06/15/2014	MOMENT
MOTOROLA INC	33,700.00	0.75	$261,512.00	0.00	N/A	MOT
MURRAY ENERGY CORP	30,000.00	0.09	$30,000.00	10.25	10/15/2015	MURREN
MYLAN INC/PA	100.00	0.33	$113,900.00	0.00	N/A	MYL A
NALCO COMPANY	50,000.00	0.15	$51,750.00	8.88	11/15/2013	629855AH0
NATIONAL GRID PLC	22,478.00	0.70	$245,309.23	0.41	N/A	NG/ LN
NATIONAL OILWELL VARCO INC	6,500.00	0.82	$286,585.00	0.40	N/A	NOV
NATIONAL RETAIL PROPERTIES INC	85,000.00	0.26	$90,737.50	5.12	06/15/2028	NNN CB1
NATIONWIDE HEALTH PROPERTIES I	1,800.00	0.18	$63,324.00	1.76	N/A	NHP
NAVISTAR INTERNATIONAL CORP	40,000.00	0.12	$41,200.00	8.25	11/01/2021	NAV
NEW ZEALAND DOLLAR	10,329.55	0.02	$7,494.60	0.00	N/A	NEWZEALND
NEWPAGE CORP	40,000.00	0.12	$40,600.00	11.38	12/31/2014	NEWPAG
NIELSEN FINANCE LLC / NIELSEN	5,000.00	0.02	$5,643.75	11.62	02/01/2014	VNU
NIELSEN FINANCE LLC / NIELSEN	10,000.00	0.03	$11,225.00	11.50	05/01/2016	VNU
NIELSEN FINANCE LLC / NIELSEN	15,000.00	0.04	$13,762.50	0.00	08/01/2016	65409QAJ1
NIELSEN FINANCE LLC/CO	30,000.00	0.09	$31,425.00	10.00	08/01/2014	VNU
NII CAPITAL CORP	30,000.00	0.09	$31,575.00	10.00	08/15/2016	NIHD
NII HOLDINGS INC	155,000.00	0.41	$142,987.50	3.12	06/15/2012	NIHD CB
NOKIA OYJ	18,106.00	0.67	$233,800.27	0.40	N/A	NOK1V FH
NORANDA ALUMINIUM ACQUISITION	42,747.00	0.10	$33,396.09	5.27	05/15/2015	NRNDA
NORCRAFT COS LP/NORCRAFT FINAN	30,000.00	0.09	$30,900.00	10.50	12/15/2015	NORCFT
NORCRAFT HOLDINGS LP/NORCRAFT	14,000.00	0.04	$13,510.00	9.75	09/01/2012	NORCFT
NORDEA BANK AB	22,325.00	0.65	$226,424.25	0.20	N/A	NDA1V FH
NORTHROP GRUMMAN CORP	5,500.00	0.88	$307,175.00	1.72	N/A	NOC
NORTHWEST AIRLNS ESCROW (STUB)	15,000.00	0.00	$114.00	10.00	02/01/2010	66799ADP5
NORTHWESTERN CORP	700.00	0.05	$18,214.00	1.34	N/A	NWE
NORWEGIAN CRUISE LINE	20,000.00	0.06	$19,850.00	11.75	11/15/2016	NWCRLN
NORWEGIAN KRONE	11,928.06	0.01	$2,058.07	0.00	N/A	NOKKRONER
NOVARTIS AG	4,764.00	0.74	$259,907.18	2.00	N/A	NOVN VX
NOVELIS INC/GA	15,000.00	0.05	$16,143.75	11.50	02/15/2015	HINDAL
NOVELIS INC/GA	25,000.00	0.07	$23,937.50	8.25	02/15/2015	67000XAB2
NOVO NORDISK A/S	2,603.00	0.47	$165,945.00	6.00	N/A	NOVOB DC
NRG ENERGY	5,000.00	0.01	$5,025.00	7.38	01/15/2017	629377AX0
NRG ENERGY INC	33,000.00	0.09	$33,123.75	7.38	02/01/2016	NRG
NUVEEN INVESTMENTS INC	62,000.00	0.16	$56,575.00	10.50	11/15/2015	NUVINV
OMEGA HEALTHCARE INVESTORS INC	1,600.00	0.09	$31,120.00	1.20	N/A	OHI
OPTI CANADA INC	8,000.00	0.02	$6,630.00	8.25	12/15/2014	OPCCN
OPTI CANADA INC	30,000.00	0.07	$24,750.00	7.88	12/15/2014	OPCCN
ORION POWER HOLDINGS INC	50,000.00	0.15	$51,500.00	12.00	05/01/2010	RRI
OSI RESTAURANT PARTNERS INC	22,000.00	0.06	$19,525.00	10.00	06/15/2015	OSI
PAETEC HOLDING CORP	15,000.00	0.04	$15,262.50	8.88	06/30/2017	PAET
PANTRY INC/THE	65,000.00	0.16	$57,200.00	3.00	11/15/2012	PTRY CB
PARMALAT SPA	89,878.00	0.72	$250,940.49	0.10	N/A	PLT IM
PEABODY ENERGY CORP	85,000.00	0.25	$86,275.00	4.75	12/15/2041	BTU CB
PETROHAWK ENERGY CORP	15,000.00	0.04	$15,225.00	7.88	06/01/2015	HAWK
PETROHAWK ENERGY CORP	17,000.00	0.05	$17,850.00	9.12	07/15/2013	HAWK
PETROLEO BRASILEIRO SA	6,000.00	0.73	$254,340.00	0.38	N/A	PBR/A
PETROLEUM DEVELOPMENT CORP	30,000.00	0.09	$31,087.50	12.00	02/15/2018	PETD
PFIZER INC	21,816.00	1.13	$396,833.04	0.64	N/A	PFE
PHH	30,000.00	0.08	$27,900.00	7.12	03/01/2013	693320AF0
PINNACLE ENTERTAINMENT INC	50,000.00	0.13	$46,250.00	7.50	06/15/2015	PNK
PLAINS EXPLORATION & PRODUCTIO	10,000.00	0.03	$10,325.00	8.62	10/15/2019	PXP
PLASTIPAK HLDGS 144A	20,000.00	0.06	$20,625.00	8.50	12/15/2015	727610AD9
PLASTIPAK HOLDINGS INC	10,000.00	0.03	$11,075.00	10.62	08/15/2019	PLASPK
PLUM CREEK TIMBER CO INC	1,520.00	0.16	$57,395.20	1.68	N/A	PCL
POKAGON GAMING AUTHORITY	15,000.00	0.04	$15,675.00	10.38	06/15/2014	POKAGO
POLAND GOVERNMENT BOND	1,430,000.00	1.35	$471,675.39	5.50	10/25/2019	POLGB
POLISH ZLOTY	134,632.01	0.13	$46,940.37	0.00	N/A	POLZLOTY
POPULAR N.A. CAP TRUST I	20,000.00	0.03	$11,729.56	6.56	09/15/2034	BPOP
PORT TOWNSEND (REST) PREFERRED	20.00	0.00	$0.00	0.00	N/A	735999005
PORT TOWNSEND (RESTRICTED)	100.00	0.00	$1.00	0.00	N/A	73545Q101
PORT TOWNSEND PRIVATE NOTE	29,312.08	0.06	$21,251.26	7.32	08/27/2012	735999015
PORT TOWNSEND WARRANT	20.00	0.00	$0.20	0.00	N/A	735999025
POTLATCH CORP	1,730.00	0.16	$55,152.40	2.04	N/A	PCH
PPR	1,862.00	0.64	$223,209.25	3.30	N/A	PP FP
PQ CORP TERM LOAN	45,000.00	0.11	$39,037.50	6.74	07/30/2015	PQCOR
PREGIS CORP	59,000.00	0.16	$57,451.25	13.38	10/15/2013	PREGIS
PROGRESS ENERGY INC	6,600.00	0.77	$270,666.00	2.48	N/A	PGN
PROLOGIS	2,200.00	0.09	$30,118.00	0.60	N/A	PLD
PROSHARES ULTRASHORT REAL ESTA	500.00	0.01	$3,745.00	0.00	N/A	SRS
PSYCHIATRIC SOLUTIONS	20,000.00	0.06	$19,450.00	7.75	07/15/2015	74439HAD0
PSYCHIATRIC SOLUTIONS INC	10,000.00	0.03	$9,475.00	7.75	07/15/2015	PSYS
PUBLIC STORAGE	1,150.00	0.27	$93,667.50	2.20	N/A	PSA
PUBLICIS GROUPE SA	4,963.00	0.58	$201,528.95	0.60	N/A	PUB FP
PUGET SOUND ENERGY INC	25,000.00	0.06	$22,089.25	6.97	06/01/2067	PSD
QUEBEC PROVINCE	7,000.00	0.02	$6,727.97	4.50	12/01/2019	74814ZEE9
QUEST DIAGNOSTICS INC/DE	4,500.00	0.78	$271,710.00	0.40	N/A	DGX
QUICKSILVER RESOURCES INC	10,000.00	0.03	$11,400.00	11.75	01/01/2016	KWK
QUICKSILVER RESOURCES INC	30,000.00	0.08	$28,125.00	7.12	04/01/2016	74837RAC8
QUINTILES TRANSNATIONAL CORP	20,000.00	0.06	$20,150.00	9.50	12/30/2014	QTRN
QWEST CAPITAL FUNDING INC	20,000.00	0.05	$17,100.00	7.75	02/15/2031	QUS
QWEST COMMUNICATIONS INTERNATI	15,000.00	0.04	$15,131.25	7.50	02/15/2014	QUS
QWEST COMMUNICATIONS INTERNATI	160,000.00	0.48	$166,800.00	3.50	11/15/2025	QUS
QWEST CORP	20,000.00	0.06	$21,550.00	8.38	05/01/2016	QUS
QWEST CORP	25,000.00	0.07	$23,250.00	7.25	09/15/2025	912920AK1
RAMCO-GERSHENSON PROPERTIES TR	1,700.00	0.05	$16,218.00	0.65	N/A	RPT
RAYONIER TRS HOLDINGS INC	135,000.00	0.41	$144,112.50	3.75	10/15/2012	RYN CB
RBS GLOBAL/REXNORD COR	45,000.00	0.13	$44,775.00	11.75	08/01/2016	75524DAD2
REGENCY ENERGY PARTNERS LP/REG	13,000.00	0.04	$13,520.00	8.38	12/15/2013	RGNC
REPUBLIC OF KOREA	140,000.00	0.53	$186,567.19	4.25	12/07/2021	KOREA
RITE AID CORP	40,000.00	0.10	$35,400.00	9.38	12/15/2015	767754BQ6
ROUND ONE CORP	13,601.00	0.23	$80,719.70	20.00	N/A	4680 JP
ROYAL CARIBBEAN CRUISES LTD	20,000.00	0.06	$19,750.00	6.88	12/01/2013	780153AP7
RSC EQUIPMENT RENTAL INC	40,000.00	0.11	$40,250.00	9.50	12/01/2014	RSC
RSC EQUIPMENT RENTAL INC/RSC H	20,000.00	0.06	$20,175.00	10.25	11/15/2019	RRR
RYERSON INC	10,000.00	0.03	$10,500.00	12.25	11/01/2015	RYI
RYERSON INC	25,000.00	0.07	$23,156.25	7.66	11/01/2014	RYI
SAFEWAY INC	13,100.00	0.80	$278,899.00	0.40	N/A	SWY
SALLY HOLDINGS LLC	50,000.00	0.15	$54,000.00	10.50	11/15/2016	SBH
SANDISK CORP	100,000.00	0.24	$83,875.00	1.00	05/15/2013	SNDK CB
SANDRIDGE ENERGY INC	25,000.00	0.07	$25,125.00	8.75	01/15/2020	SD
SANDRIDGE ENERGY INC	30,000.00	0.09	$31,725.00	9.88	05/15/2016	SD
SANMINA-SCI CORP	36,000.00	0.10	$36,090.00	8.12	03/01/2016	800907AK3
SANOFI-AVENTIS SA	1,564.00	0.35	$122,834.44	2.20	N/A	SAN FP
SAPPI PAPIER HOLDING AG	25,000.00	0.07	$23,963.78	6.75	06/15/2012	SAPSJ
SBA COMMUNICATIONS CORP	65,000.00	0.24	$85,637.50	4.00	10/01/2014	SBAC CB
SEALY CORP	10,000.00	0.03	$11,175.00	10.88	04/15/2016	ZZ
SECURITIZED NET CASH - ACR1	381,193.24	1.09	$381,193.24	0.00	N/A	SECCASHAC
SECURITY LENDING COLLATERAL	78,121.24	0.01	$3,320.14	0.00	N/A	SECLENDPL
SELECT MEDICAL CORP	70,000.00	0.19	$68,250.00	7.62	02/01/2015	SELMED
SERVICEMASTER CO/THE	50,000.00	0.15	$52,250.00	10.75	07/15/2015	SVM
SHAW COMMUNICATION	1,000,000.00	2.69	$941,769.38	6.75	11/09/2039	SJRCN
SHINGLE SPRINGS	30,000.00	0.07	$22,950.00	9.38	06/15/2015	82459AAA9
SIMON PROPERTY GROUP INC	2,313.23	0.53	$184,595.83	0.48	N/A	SPG
SINCLAIR TELEVISION GROUP INC	30,000.00	0.09	$31,350.00	9.25	11/01/2017	SBGI
SINGAPORE AIRLINES LTD	23,550.00	0.71	$249,373.08	0.40	N/A	SIA SP
SINGAPORE DOLLAR	8,407.36	0.02	$5,983.46	0.00	N/A	SINGDOLL
SINO-FOREST CORP	95,000.00	0.32	$112,693.75	5.00	08/01/2013	TRECN
SMITHFIELD FOODS	15,000.00	0.04	$13,912.50	7.75	07/01/2017	832248AQ1
SMITHFIELD FOODS	35,000.00	0.10	$34,125.00	7.75	05/15/2013	832248AH1
SMITHFIELD FOODS INC	10,000.00	0.03	$10,900.00	10.00	07/15/2014	SFD
SOLO CUP CO	30,000.00	0.08	$29,475.00	8.50	02/15/2014	834260AB7
SOUTH KOREA WON	2,469,520.00	0.01	$2,117.81	0.00	N/A	SKOREAWON
SPRINT CAPITAL	100,000.00	0.27	$94,750.00	8.75	03/15/2032	852060AT9
SPRINT CAPITAL CORP	35,000.00	0.08	$29,268.75	6.88	11/15/2028	S
STANDARD CHARTERED PLC	9,310.00	0.67	$234,057.84	0.79	N/A	STAN LN
STANDARD PACIFIC ESCROW LLC	15,000.00	0.04	$15,375.00	10.75	09/15/2016	SPF
STARWOOD PROPERTY TRUST INC	3,200.00	0.17	$60,448.00	0.40	N/A	STWD
STEEL DYNAMICS INC	50,000.00	0.15	$52,312.50	8.25	04/15/2016	STLD
SUNGARD DATA SYSTEMS INC	35,000.00	0.11	$37,450.00	10.25	08/15/2015	SDSINC
SWEDISH KRONA	15,096.00	0.01	$2,108.76	0.00	N/A	SWKRONOR
SWISS FRANC	9,961.09	0.03	$9,620.06	0.00	N/A	SWFRANCS
TECHTRONIC INDUSTRIES CO	238,000.00	0.56	$197,286.83	0.06	N/A	669 HK
TECK RESOURCES LTD	15,000.00	0.05	$17,550.00	10.25	05/15/2016	TCKCN
TECK RESOURCES LTD	15,000.00	0.05	$18,000.00	10.75	05/15/2019	TCKCN
TELCORDIA TECH 144A	45,000.00	0.12	$40,275.00	10.00	03/15/2013	87922RAD4
TELECOM ITALIA CAPITAL	98,000.00	0.29	$102,590.32	5.25	10/01/2015	87927VAQ1
TELEPERFORMANCE	8,020.00	0.74	$259,878.92	0.44	N/A	RCF FP
TELESAT CANADA / TELESAT LLC	20,000.00	0.06	$21,800.00	11.00	11/01/2015	TELSAT
TELESAT CANADA / TELESAT LLC	20,000.00	0.06	$22,100.00	12.50	11/01/2017	TELSAT
TELSTRA CORP LTD	36,335.00	0.32	$111,707.66	0.40	N/A	TLS AU
TELUS CORP	7,467.00	0.69	$242,420.76	1.90	N/A	T CN
TENET HEALTHCARE	30,000.00	0.09	$30,225.00	7.38	02/01/2013	88033GAY6
TENNECO INC	20,000.00	0.06	$20,275.00	8.62	11/15/2014	TEN
TERREMARK WORLDWIDE INC	35,000.00	0.11	$38,850.00	12.00	06/15/2017	TMRK
TEXAS COMPETITIVE ELECTRIC HOL	30,000.00	0.07	$24,450.00	10.50	11/01/2015	TXU
THERMADYNE HOLDINGS CORP	30,000.00	0.08	$28,537.50	10.50	02/01/2014	THMD
TOMKINS PLC	73,153.00	0.65	$228,518.39	0.14	N/A	TOMK LN
TOPS MARKETS LLC	30,000.00	0.09	$31,050.00	10.12	10/15/2015	TOMA
TOTAL SA	2,799.00	0.51	$179,541.43	2.28	N/A	FP FP
TOYOTA MOTOR CORP	4,621.00	0.56	$194,951.40	20.00	N/A	7203 JP
TOYS R US PROPERTY CO I	20,000.00	0.06	$22,000.00	10.75	07/15/2017	TOY
TRANSOCEAN	2,400.00	0.57	$198,720.00	0.00	N/A	RIG
TRAVELERS COS INC/THE	6,800.00	0.97	$339,048.00	1.32	N/A	TRV
TRIMAS CORP	30,000.00	0.08	$29,587.50	9.75	12/15/2017	TRS
TRW AUTOMOTIVE INC	35,000.00	0.10	$36,575.00	8.88	12/01/2017	TRW
TXU CORP	30,000.00	0.06	$21,425.94	5.55	11/15/2014	873168AL2
UNICREDIT SPA	62,623.00	0.60	$209,118.82	0.00	N/A	UCG IM
UNISYS CORP	15,000.00	0.05	$17,400.00	12.75	10/15/2014	UIS
UNIVERSAL HOSPITAL SERVICES IN	20,000.00	0.06	$19,800.00	8.50	06/01/2015	UHOS
UNIVISION COMMUNICATIONS INC	25,000.00	0.08	$27,656.25	12.00	07/01/2014	UVN
UNIVISION COMMUNICATIONS TERM	25,000.00	0.06	$21,781.25	2.53	09/29/2014	LN321128
US ONCOLOGY HOLDINGS INC	41,000.00	0.11	$38,540.00	6.43	03/15/2012	USON
US TREASURY N/B	135,000.00	0.38	$131,983.70	4.50	08/15/2039	T
USB CAPITAL IX	25,000.00	0.06	$20,343.75	6.19	04/15/2049	USB
USG CORP	10,000.00	0.03	$10,725.00	9.75	08/01/2014	USG
USG CORP	25,000.00	0.06	$22,500.00	6.30	11/15/2016	USG
USGEN ESCROW TRACKING POSITION	50,000.00	0.00	$0.00	0.00	N/A	91799ALA7
VALE SA	4,200.00	0.35	$121,926.00	0.24	N/A	VALE
VALLOUREC SA	935.00	0.48	$168,934.80	6.00	N/A	VK FP
VENTAS INC	1,725.00	0.22	$75,451.50	2.05	N/A	VTR
VERISIGN INC	45,000.00	0.11	$40,218.75	3.25	08/15/2037	VRSN CB1
VERIZON COMMUNICATIONS INC	8,900.00	0.84	$294,857.00	1.90	N/A	VZ
VIASAT INC	20,000.00	0.06	$20,700.00	8.88	09/15/2016	VSAT
VIDEOTRON LTEE	15,000.00	0.05	$16,575.00	9.12	04/15/2018	QBRCN
VIRGIN MEDIA INC	85,000.00	0.29	$101,150.00	6.50	11/15/2016	VMED CB
VISKASE COS INC	40,000.00	0.12	$40,500.00	9.88	01/15/2018	VKSC
VIVENDI SA	9,967.00	0.84	$295,425.95	1.40	N/A	VIV FP
VODAFONE GROUP PLC	99,085.88	0.66	$229,349.76	0.09	N/A	VOD LN
VORNADO REALTY TRUST	1,528.24	0.31	$106,885.46	1.52	N/A	VNO
W2007 GRACE ACQUISITION I INC	10,000.00	0.01	$4,500.00	0.00	N/A	GRACE
WASTE MANAGEMENT INC	8,100.00	0.78	$273,861.00	1.16	N/A	WM
WEINGARTEN REALTY INVESTORS	700.00	0.04	$13,853.00	1.00	N/A	WRI
WEST CORP/OLD	30,000.00	0.09	$31,500.00	11.00	10/15/2016	952355AF2
WHITING PETROLEUM CORP	300.00	0.15	$53,898.00	0.00	N/A	WLL CB
WIND ACQUISITION FINANCE SA	50,000.00	0.16	$54,875.00	11.75	07/15/2017	WINDIM
WINDSTREAM CORP	10,000.00	0.03	$9,925.00	7.88	11/01/2017	WIN
WPP PLC	13,180.00	0.37	$128,768.60	0.17	N/A	WPP LN
XEROX CORP	37,500.00	0.91	$317,250.00	0.17	N/A	XRX
XM SATELLITE RADIO HOLDINGS IN	35,000.00	0.11	$38,193.75	13.00	08/01/2013	XMSR
XM SATELLITE RADIO HOLDINGS IN	55,000.00	0.16	$55,275.00	10.00	06/01/2011	SIRI
YANKEE ACQUISITION CORP/MA	40,000.00	0.11	$39,600.00	9.75	02/15/2017	YCC
YUE YUEN INDUSTRIAL HOLDINGS L	60,000.00	0.50	$173,707.97	0.89	N/A	551 HK
ZIONS BANCORPORATION	10,000.00	0.03	$8,833.35	7.75	09/23/2014	ZION
ZIONS BANCORPORATION	15,000.00	0.03	$10,617.05	5.50	11/16/2015	ZION
ZIONS BANCORPORATION	30,000.00	0.06	$21,242.52	6.00	09/15/2015	989701AJ6

0.48 of the fund was hedged out of AUD/USD HSB 01/08/10

4.14 of the fund was hedged out of CAD/USD GOS 01/08/10

1.39 of the fund was hedged out of EUR/USD HSB 01/08/10

-0.53 of the fund was hedged out of GBP/USD HSB 01/08/10

0.07 of the fund was hedged out of ILS/USD BAR 01/29/10

0.08 of the fund was hedged out of KRW/USD HSB 01/08/10

3.06 of the fund was hedged out of NOK/USD HSB 01/08/10

-1.18 of the fund was hedged out of PLN/USD HSB 01/08/10