UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
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Investment Company Act File Number |
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811-21745 |
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Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund |
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(Exact Name of Registrant as Specified in Charter) |
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The
Eaton Vance Building, |
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02109 |
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(Address of Principal Executive Offices) |
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(Zip code) |
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Maureen A. Gemma Eaton Vance Management, 255 State Street, Boston, Massachusetts 02109 |
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(Name and Address of Agent for Service) |
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Registrant’s Telephone Number, Including Area Code: |
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(617) 482-8260 |
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Date of Fiscal Year End: |
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December 31 |
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Date of Reporting Period: |
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March 31, 2008 |
Item 1. Schedule of Investments
|
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund |
as of March 31, 2008 |
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|
|
PORTFOLIO OF INVESTMENTS (Unaudited) |
|
Common Stocks — 101.5%
|
Security |
|
Shares |
|
Value |
|
|
|
Aerospace & Defense — 1.0% |
|
|
|
|
|
|
|
Finmeccanica SpA |
|
30,000 |
|
$ |
1,025,249 |
|
|
General Dynamics Corp. |
|
78,611 |
|
6,553,799 |
|
|
|
Honeywell International, Inc. |
|
152,231 |
|
8,588,873 |
|
|
|
Rockwell Collins, Inc. |
|
59,584 |
|
3,405,226 |
|
|
|
|
|
|
|
$ |
19,573,147 |
|
|
Air Freight & Logistics — 1.0% |
|
|
|
|
|
|
|
CH Robinson Worldwide, Inc. |
|
84,275 |
|
$ |
4,584,560 |
|
|
Deutsche Post AG |
|
260,128 |
|
7,973,668 |
|
|
|
Expeditors International of Washington, Inc. |
|
60,642 |
|
2,739,806 |
|
|
|
FedEx Corp. |
|
28,786 |
|
2,667,599 |
|
|
|
Yamato Holdings Co., Ltd. |
|
64,701 |
|
952,196 |
|
|
|
|
|
|
|
$ |
18,917,829 |
|
|
Airlines — 0.0% |
|
|
|
|
|
|
|
Japan Airlines Corp. (1) |
|
335,000 |
|
$ |
874,838 |
|
|
|
|
|
|
$ |
874,838 |
|
|
Auto Components — 0.5% |
|
|
|
|
|
|
|
Aisin Seiki Co., Ltd. |
|
7,600 |
|
$ |
287,042 |
|
|
Cooper Tire and Rubber Co. |
|
33,444 |
|
500,657 |
|
|
|
Denso Corp. |
|
83,300 |
|
2,719,581 |
|
|
|
Johnson Controls, Inc. |
|
114,456 |
|
3,868,613 |
|
|
|
NGK Spark Plug Co., Ltd. |
|
20,000 |
|
262,138 |
|
|
|
Stanley Electric Co., Ltd. |
|
17,200 |
|
424,222 |
|
|
|
Toyoda Gosei Co., Ltd. |
|
5,900 |
|
224,796 |
|
|
|
Toyota Industries Corp. |
|
9,000 |
|
322,783 |
|
|
|
|
|
|
|
$ |
8,609,832 |
|
|
Automobiles — 1.9% |
|
|
|
|
|
|
|
DaimlerChrysler AG |
|
188,560 |
|
$ |
16,176,688 |
|
|
Harley-Davidson, Inc. |
|
45,565 |
|
1,708,687 |
|
|
|
Honda Motor Co., Ltd. |
|
129,800 |
|
3,754,697 |
|
|
|
Isuzu Motors, Ltd. |
|
59,000 |
|
296,988 |
|
|
|
Suzuki Motor Corp. |
|
60,100 |
|
1,530,913 |
|
|
|
Toyota Motor Corp. |
|
84,207 |
|
4,260,995 |
|
|
|
Volkswagen AG |
|
21,183 |
|
6,159,380 |
|
|
|
Volkswagen AG (Preference Shares) |
|
10,264 |
|
1,712,504 |
|
|
|
|
|
|
|
$ |
35,600,852 |
|
|
Beverages — 1.5% |
|
|
|
|
|
|
|
Brown-Forman Corp., Class B |
|
9,015 |
|
$ |
596,973 |
|
|
Carlsberg A/S, Class B |
|
16,803 |
|
2,162,960 |
|
|
|
Coca-Cola Co. (The) |
|
19,951 |
|
1,214,417 |
|
|
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Heineken NV |
|
30,199 |
|
1,760,383 |
|
|
|
Ito En, Ltd. |
|
37,800 |
|
674,092 |
|
|
|
Kirin Holdings Co., Ltd. |
|
83,000 |
|
1,584,458 |
|
|
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Pepsi Bottling Group, Inc. |
|
19,042 |
|
645,714 |
|
|
|
PepsiCo, Inc. |
|
140,963 |
|
10,177,529 |
|
|
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Pernod-Ricard SA |
|
22,212 |
|
2,296,964 |
|
|
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SABMiller PLC |
|
136,622 |
|
3,000,749 |
|
|
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Sapporo Holdings, Ltd. |
|
160,000 |
|
1,322,380 |
|
|
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Scottish & Newcastle PLC |
|
78,394 |
|
1,230,741 |
|
|
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Takara Holdings, Inc. |
|
137,000 |
|
950,764 |
|
|
|
|
|
|
|
$ |
27,618,124 |
|
1
|
Biotechnology — 2.4% |
|
|
|
|
|
|
|
Amgen, Inc. (1) |
|
16,201 |
|
$ |
676,878 |
|
|
Amylin Pharmaceuticals, Inc. (1) |
|
33,302 |
|
972,751 |
|
|
|
Biogen Idec, Inc. (1) |
|
189,353 |
|
11,681,187 |
|
|
|
Celgene Corp. (1) |
|
98,231 |
|
6,020,578 |
|
|
|
CV Therapeutics, Inc. (1) |
|
50,000 |
|
356,500 |
|
|
|
Gilead Sciences, Inc. (1) |
|
439,064 |
|
22,624,968 |
|
|
|
ImClone Systems, Inc. (1) |
|
20,000 |
|
848,400 |
|
|
|
Martek Biosciences Corp. (1) |
|
12,388 |
|
378,701 |
|
|
|
Regeneron Pharmaceuticals, Inc. (1) |
|
124,547 |
|
2,390,057 |
|
|
|
|
|
|
|
$ |
45,950,020 |
|
|
Building Products — 0.2% |
|
|
|
|
|
|
|
Asahi Glass Co., Ltd. |
|
156,497 |
|
$ |
1,738,883 |
|
|
Central Glass Co., Ltd. |
|
80,000 |
|
315,551 |
|
|
|
JS Group Corp. |
|
25,600 |
|
388,320 |
|
|
|
Masco Corp. |
|
59,062 |
|
1,171,199 |
|
|
|
Sanwa Shutter Corp. |
|
86,000 |
|
376,852 |
|
|
|
|
|
|
|
$ |
3,990,805 |
|
|
Capital Markets — 2.1% |
|
|
|
|
|
|
|
American Capital Strategies, Ltd. |
|
46,997 |
|
$ |
1,605,418 |
|
|
Bank of New York Mellon Corp. (The) |
|
126,879 |
|
5,294,661 |
|
|
|
Charles Schwab Corp. (The) |
|
56,270 |
|
1,059,564 |
|
|
|
Daiwa Securities Group, Inc. |
|
113,000 |
|
988,295 |
|
|
|
Federated Investors, Inc., Class B |
|
15,936 |
|
624,054 |
|
|
|
Franklin Resources, Inc. |
|
43,596 |
|
4,228,376 |
|
|
|
Goldman Sachs Group, Inc. |
|
31,002 |
|
5,127,421 |
|
|
|
Jafco Co., Ltd. |
|
3,200 |
|
107,864 |
|
|
|
Merrill Lynch & Co., Inc. |
|
85,000 |
|
3,462,900 |
|
|
|
Morgan Stanley |
|
36,593 |
|
1,672,300 |
|
|
|
Nomura Holdings, Inc. |
|
89,400 |
|
1,347,843 |
|
|
|
Northern Trust Corp. |
|
66,797 |
|
4,439,997 |
|
|
|
Shinko Securities Co., Ltd. |
|
107,000 |
|
314,590 |
|
|
|
UBS AG (1) |
|
350,074 |
|
10,235,217 |
|
|
|
|
|
|
|
$ |
40,508,500 |
|
|
Chemicals — 1.9% |
|
|
|
|
|
|
|
Air Products and Chemicals, Inc. |
|
9,559 |
|
$ |
879,428 |
|
|
BASF AG |
|
124,811 |
|
16,849,815 |
|
|
|
Daicel Chemical Industries, Ltd. |
|
62,000 |
|
322,204 |
|
|
|
Dainippon Ink and Chemicals, Inc. |
|
120,000 |
|
380,175 |
|
|
|
Dow Chemical Co. (The) |
|
73,566 |
|
2,710,907 |
|
|
|
E.I. Du Pont de Nemours & Co. |
|
19,328 |
|
903,777 |
|
|
|
Eastman Chemical Co. |
|
11,375 |
|
710,369 |
|
|
|
Ecolab, Inc. |
|
22,890 |
|
994,113 |
|
|
|
Kaneka Corp. |
|
154,000 |
|
974,872 |
|
|
|
Kansai Paint Co., Ltd. |
|
86,000 |
|
564,789 |
|
|
|
Mitsubishi Chemical Holdings Corp. |
|
35,000 |
|
233,454 |
|
|
|
Mitsubishi Rayon Co., Ltd. |
|
273,000 |
|
882,568 |
|
|
|
Monsanto Co. |
|
27,285 |
|
3,042,277 |
|
|
|
Nippon Shokubai Co., Ltd. |
|
138,000 |
|
920,227 |
|
|
|
Nissan Chemical Industries, Ltd. |
|
61,000 |
|
650,890 |
|
|
|
Nitto Denko Corp. |
|
5,000 |
|
212,906 |
|
|
|
Rohm and Haas Co. |
|
12,829 |
|
693,792 |
|
|
|
Shin-Etsu Chemical Co., Ltd. |
|
61,500 |
|
3,207,018 |
|
|
|
Sumitomo Bakelite Co., Ltd. |
|
39,000 |
|
198,678 |
|
|
|
Taiyo Nippon Sanso Corp. |
|
72,000 |
|
583,804 |
|
|
|
|
|
|
|
$ |
35,916,063 |
|
2
|
Commercial Banks — 7.4% |
|
|
|
|
|
|
|
Banco Santander Central Hispano SA |
|
1,031,998 |
|
$ |
20,634,979 |
|
|
Bank of Yokohama, Ltd. |
|
113,000 |
|
774,358 |
|
|
|
Barclays PLC |
|
1,068,873 |
|
9,656,913 |
|
|
|
Bayerische Hypo-Und Vereinsbank AG |
|
22,398 |
|
1,395,561 |
|
|
|
BB&T Corp. |
|
82,529 |
|
2,645,880 |
|
|
|
BNP Paribas SA |
|
158,748 |
|
16,065,725 |
|
|
|
Commerzbank AG |
|
23,872 |
|
749,148 |
|
|
|
Credit Agricole SA |
|
152,288 |
|
4,725,717 |
|
|
|
DnB NOR ASA (1) |
|
105,036 |
|
1,606,897 |
|
|
|
Fifth Third Bancorp |
|
132,860 |
|
2,779,431 |
|
|
|
HBOS PLC |
|
181,776 |
|
2,025,152 |
|
|
|
HSBC Holdings PLC |
|
1,570,038 |
|
25,901,814 |
|
|
|
Hypo Real Estate Holding AG |
|
28,752 |
|
749,010 |
|
|
|
Intesa Sanpaolo RNC |
|
182,000 |
|
1,203,607 |
|
|
|
Intesa Sanpaolo SpA |
|
1,291,944 |
|
9,148,289 |
|
|
|
Joyo Bank, Ltd. |
|
37,000 |
|
189,533 |
|
|
|
KeyCorp |
|
55,394 |
|
1,215,898 |
|
|
|
Lloyds TSB Group PLC |
|
970,946 |
|
8,687,358 |
|
|
|
Marshall & Ilsley Corp. |
|
36,714 |
|
851,765 |
|
|
|
Mitsui Trust Holdings, Inc. |
|
145,000 |
|
885,084 |
|
|
|
Natixis |
|
48,829 |
|
785,994 |
|
|
|
Popular, Inc. |
|
28,772 |
|
335,482 |
|
|
|
Regions Financial Corp. |
|
119,870 |
|
2,367,432 |
|
|
|
Resona Holdings, Inc. |
|
445 |
|
747,662 |
|
|
|
Royal Bank of Scotland PLC |
|
343,985 |
|
2,307,729 |
|
|
|
Societe Generale |
|
116,380 |
|
11,429,506 |
|
|
|
Sumitomo Trust and Banking Co., Ltd. |
|
150,955 |
|
1,047,687 |
|
|
|
Synovus Financial Corp. |
|
77,625 |
|
858,532 |
|
|
|
UniCredit SpA |
|
522,068 |
|
3,510,824 |
|
|
|
Wachovia Corp. |
|
33,000 |
|
891,000 |
|
|
|
Wells Fargo & Co. |
|
110,189 |
|
3,206,500 |
|
|
|
Zions Bancorporation |
|
25,092 |
|
1,142,941 |
|
|
|
|
|
|
|
$ |
140,523,408 |
|
|
Commercial Services & Supplies — 1.0% |
|
|
|
|
|
|
|
Adecco SA |
|
28,437 |
|
$ |
1,649,424 |
|
|
Avery Dennison Corp. |
|
23,372 |
|
1,151,071 |
|
|
|
Dai Nippon Printing Co., Ltd. |
|
51,000 |
|
816,470 |
|
|
|
Equifax, Inc. |
|
15,217 |
|
524,682 |
|
|
|
Half (Robert) International, Inc. |
|
36,951 |
|
951,119 |
|
|
|
Manpower, Inc. |
|
23,198 |
|
1,305,119 |
|
|
|
Randstad Holdings NV |
|
17,043 |
|
801,030 |
|
|
|
Rentokil Initial PLC |
|
2,511,211 |
|
4,859,184 |
|
|
|
RR Donnelley & Sons Co. |
|
70,366 |
|
2,132,793 |
|
|
|
SECOM Co., Ltd. |
|
69,300 |
|
3,414,875 |
|
|
|
Serco Group PLC |
|
144,136 |
|
1,300,657 |
|
|
|
Waste Management, Inc. |
|
18,690 |
|
627,236 |
|
|
|
|
|
|
|
$ |
19,533,660 |
|
|
Communications Equipment — 4.9% |
|
|
|
|
|
|
|
Cisco Systems, Inc. (1) |
|
999,233 |
|
$ |
24,071,523 |
|
|
Corning, Inc. |
|
179,244 |
|
4,309,026 |
|
|
|
Harris Corp. |
|
47,813 |
|
2,320,365 |
|
|
|
Nokia Oyj |
|
434,865 |
|
13,779,308 |
|
|
|
QUALCOMM, Inc. |
|
729,121 |
|
29,893,961 |
|
|
|
Research In Motion, Ltd. (1) |
|
167,739 |
|
18,825,348 |
|
|
|
Riverbed Technology, Inc. (1) |
|
15,921 |
|
236,586 |
|
|
|
|
|
|
|
$ |
93,436,117 |
|
3
|
Computer Peripherals — 5.0% |
|
|
|
|
|
|
|
Apple, Inc. (1) |
|
416,813 |
|
$ |
59,812,665 |
|
|
Brocade Communications Systems, Inc. (1) |
|
76,415 |
|
557,829 |
|
|
|
EMC Corp. (1) |
|
279,905 |
|
4,013,838 |
|
|
|
Fujitsu, Ltd. |
|
153,121 |
|
1,014,133 |
|
|
|
Hewlett-Packard Co. |
|
247,871 |
|
11,317,790 |
|
|
|
International Business Machines Corp. |
|
81,602 |
|
9,395,654 |
|
|
|
Mitsumi Electric Co., Ltd. |
|
20,400 |
|
650,904 |
|
|
|
NEC Corp. |
|
168,000 |
|
651,511 |
|
|
|
NetApp, Inc. (1) |
|
177,142 |
|
3,551,697 |
|
|
|
Palm, Inc. |
|
54,994 |
|
274,970 |
|
|
|
SanDisk Corp. (1) |
|
53,957 |
|
1,217,809 |
|
|
|
Seagate Technology |
|
85,910 |
|
1,798,955 |
|
|
|
Toshiba Corp. |
|
187,431 |
|
1,261,506 |
|
|
|
|
|
|
|
$ |
95,519,261 |
|
|
Construction & Engineering — 0.2% |
|
|
|
|
|
|
|
Amec PLC |
|
74,000 |
|
$ |
1,064,391 |
|
|
JGC Corp. |
|
64,000 |
|
983,598 |
|
|
|
Obayashi Corp. |
|
241,000 |
|
1,022,256 |
|
|
|
Skanska AB |
|
43,000 |
|
863,948 |
|
|
|
|
|
|
|
$ |
3,934,193 |
|
|
Construction Materials — 0.3% |
|
|
|
|
|
|
|
Cemex SAB de CV ADR (1) |
|
88,811 |
|
$ |
2,319,743 |
|
|
Lafarge SA |
|
10,540 |
|
1,838,214 |
|
|
|
Vulcan Materials Co. |
|
27,988 |
|
1,858,403 |
|
|
|
|
|
|
|
$ |
6,016,360 |
|
|
Consumer Finance — 0.2% |
|
|
|
|
|
|
|
Cattles PLC |
|
141,322 |
|
$ |
650,516 |
|
|
Credit Saison Co., Ltd. |
|
63,000 |
|
1,770,400 |
|
|
|
Mitsubishi UFJ Nicos Co., Ltd. (1) |
|
38,000 |
|
110,911 |
|
|
|
Student Loan Corp. |
|
16,049 |
|
1,587,246 |
|
|
|
|
|
|
|
$ |
4,119,073 |
|
|
Containers & Packaging — 0.1% |
|
|
|
|
|
|
|
Bemis Co., Inc. |
|
21,337 |
|
$ |
542,600 |
|
|
Toyo Seikan Kaisha, Ltd. |
|
71,300 |
|
1,366,962 |
|
|
|
|
|
|
|
$ |
1,909,562 |
|
|
Distributors — 0.1% |
|
|
|
|
|
|
|
Genuine Parts Co. |
|
56,294 |
|
$ |
2,264,145 |
|
|
|
|
|
|
$ |
2,264,145 |
|
|
Diversified Consumer Services — 0.1% |
|
|
|
|
|
|
|
Corinthian Colleges, Inc. (1) |
|
60,962 |
|
$ |
440,755 |
|
|
H&R Block, Inc. |
|
65,199 |
|
1,353,531 |
|
|
|
Regis Corp. |
|
10,423 |
|
286,528 |
|
|
|
|
|
|
|
$ |
2,080,814 |
|
|
Diversified Financial Services — 2.1% |
|
|
|
|
|
|
|
Bank of America Corp. |
|
270,451 |
|
$ |
10,252,797 |
|
|
Citigroup, Inc. |
|
39,613 |
|
817,850 |
|
|
|
CME Group, Inc. |
|
6,433 |
|
3,017,720 |
|
|
|
Fortis |
|
166,380 |
|
4,196,018 |
|
|
|
ING Groep NV |
|
317,107 |
|
11,898,724 |
|
|
|
Investor AB, Class B |
|
78,000 |
|
1,760,410 |
|
|
|
JPMorgan Chase & Co. |
|
149,789 |
|
6,433,438 |
|
|
|
Moody’s Corp. |
|
59,015 |
|
2,055,492 |
|
|
|
|
|
|
|
$ |
40,432,449 |
|
4
|
Diversified Telecommunication Services — 3.1% |
|
|
|
|
|
|
|
AT&T, Inc. |
|
179,440 |
|
$ |
6,872,552 |
|
|
Citizens Communications Co. |
|
462,437 |
|
4,850,964 |
|
|
|
Deutsche Telekom AG |
|
241,922 |
|
4,034,159 |
|
|
|
Embarq Corp. |
|
13,779 |
|
552,538 |
|
|
|
France Telecom SA |
|
222,639 |
|
7,507,125 |
|
|
|
Telefonica SA |
|
825,446 |
|
23,803,873 |
|
|
|
Verizon Communications, Inc. |
|
246,478 |
|
8,984,123 |
|
|
|
Windstream Corp. |
|
255,703 |
|
3,055,651 |
|
|
|
|
|
|
|
$ |
59,660,985 |
|
|
Electric Utilities — 1.8% |
|
|
|
|
|
|
|
Duke Energy Corp. |
|
208,933 |
|
$ |
3,729,454 |
|
|
E.ON AG |
|
54,239 |
|
10,072,508 |
|
|
|
Enel SpA |
|
1,137,993 |
|
12,129,408 |
|
|
|
Exelon Corp. |
|
21,194 |
|
1,722,436 |
|
|
|
Fortum Oyj |
|
37,386 |
|
1,530,835 |
|
|
|
Hokkaido Electric Power Co. |
|
13,500 |
|
315,255 |
|
|
|
Iberdrola SA |
|
83,468 |
|
1,295,655 |
|
|
|
Kyushu Electric Power Co., Inc. |
|
13,400 |
|
329,275 |
|
|
|
Scottish and Southern Energy PLC |
|
58,381 |
|
1,630,746 |
|
|
|
Shikoku Electric Power Co. |
|
5,700 |
|
170,199 |
|
|
|
Tokyo Electric Power Co., Inc. |
|
21,001 |
|
565,743 |
|
|
|
Union Fenosa SA |
|
20,612 |
|
1,390,735 |
|
|
|
|
|
|
|
$ |
34,882,249 |
|
|
Electrical Equipment — 1.2% |
|
|
|
|
|
|
|
ABB, Ltd. |
|
330,336 |
|
$ |
8,939,731 |
|
|
Cooper Industries, Ltd., Class A |
|
30,705 |
|
1,232,806 |
|
|
|
Emerson Electric Co. |
|
193,032 |
|
9,933,427 |
|
|
|
Fuji Electric Holdings Co., Ltd. |
|
162,000 |
|
663,577 |
|
|
|
Furukawa Electric Co., Ltd. |
|
257,000 |
|
839,340 |
|
|
|
Hitachi Cable, Ltd. |
|
52,000 |
|
196,106 |
|
|
|
Hitachi, Ltd. |
|
135,000 |
|
807,229 |
|
|
|
Ushio, Inc. |
|
11,500 |
|
218,107 |
|
|
|
|
|
|
|
$ |
22,830,323 |
|
|
Electronic Equipment & Instruments — 0.8% |
|
|
|
|
|
|
|
Agilent Technologies, Inc. (1) |
|
73,937 |
|
$ |
2,205,541 |
|
|
Kyocera Corp. |
|
73,234 |
|
6,216,733 |
|
|
|
Mabuchi Motor Co., Ltd. |
|
7,700 |
|
375,156 |
|
|
|
Murata Manufacturing Co., Ltd. |
|
6,400 |
|
321,522 |
|
|
|
Omron Corp. |
|
11,800 |
|
244,872 |
|
|
|
TDK Corp. |
|
66,700 |
|
3,976,820 |
|
|
|
Tyco Electronics, Ltd. |
|
37,526 |
|
1,287,892 |
|
|
|
Yokogawa Electric Corp. |
|
107,500 |
|
1,093,644 |
|
|
|
|
|
|
|
$ |
15,722,180 |
|
|
Energy Equipment & Services — 0.9% |
|
|
|
|
|
|
|
Fugro NV |
|
16,395 |
|
$ |
1,278,913 |
|
|
Halliburton Co. |
|
168,088 |
|
6,610,901 |
|
|
|
Noble Corp. |
|
25,411 |
|
1,262,164 |
|
|
|
Schlumberger, Ltd. |
|
30,905 |
|
2,688,735 |
|
|
|
Transocean, Inc. (1) |
|
39,772 |
|
5,377,174 |
|
|
|
|
|
|
|
$ |
17,217,887 |
|
|
Food & Staples Retailing — 2.0% |
|
|
|
|
|
|
|
Circle K Sunkus Co., Ltd. |
|
16,500 |
|
$ |
282,642 |
|
|
CVS Caremark Corp. |
|
273,973 |
|
11,098,646 |
|
|
|
Familymart Co., Ltd. |
|
10,600 |
|
385,013 |
|
|
|
Koninklijke Ahold NV (1) |
|
122,728 |
|
1,828,552 |
|
|
|
Kroger Co. (The) |
|
129,054 |
|
3,277,972 |
|
|
|
Metro AG |
|
28,658 |
|
2,323,402 |
|
|
|
Safeway, Inc. |
|
93,179 |
|
2,734,804 |
|
|
|
SUPERVALU, Inc. |
|
17,345 |
|
520,003 |
|
|
|
Sysco Corp. |
|
100,301 |
|
2,910,735 |
|
|
|
UNY Co., Ltd. |
|
13,000 |
|
124,965 |
|
|
|
Wal-Mart Stores, Inc. |
|
234,129 |
|
12,333,916 |
|
|
|
|
|
|
|
$ |
37,820,650 |
|
5
|
Food Products — 2.8% |
|
|
|
|
|
|
|
Campbell Soup Co. |
|
17,968 |
|
$ |
610,014 |
|
|
ConAgra Foods, Inc. |
|
77,043 |
|
1,845,180 |
|
|
|
H.J. Heinz Co. |
|
14,987 |
|
703,939 |
|
|
|
Hershey Co. (The) |
|
85,383 |
|
3,216,378 |
|
|
|
Kraft Foods, Inc., Class A |
|
88,500 |
|
2,744,385 |
|
|
|
Meiji Seika Kaisha, Ltd. |
|
260,851 |
|
1,335,195 |
|
|
|
Morinaga & Co., Ltd. |
|
46,079 |
|
107,372 |
|
|
|
Nestle SA |
|
58,598 |
|
29,409,715 |
|
|
|
Nippon Suisan Kaisha, Ltd. |
|
256,600 |
|
970,354 |
|
|
|
Nissin Food Products Co., Ltd. |
|
11,700 |
|
395,418 |
|
|
|
Sara Lee Corp. |
|
32,588 |
|
455,580 |
|
|
|
Toyo Suisan Kaisha, Ltd. |
|
15,000 |
|
225,755 |
|
|
|
Unilever NV |
|
343,720 |
|
11,613,319 |
|
|
|
|
|
|
|
$ |
53,632,604 |
|
|
Gas Utilities — 0.2% |
|
|
|
|
|
|
|
Gas Natural SDG SA |
|
45,614 |
|
$ |
2,828,651 |
|
|
Snam Rete Gas |
|
260,064 |
|
1,661,095 |
|
|
|
|
|
|
|
$ |
4,489,746 |
|
|
Health Care Equipment & Supplies — 1.5% |
|
|
|
|
|
|
|
Advanced Medical Optics, Inc. (1) |
|
36,839 |
|
$ |
747,832 |
|
|
Boston Scientific Corp. (1) |
|
187,908 |
|
2,418,376 |
|
|
|
Cooper Cos., Inc. (The) |
|
16,718 |
|
575,601 |
|
|
|
Covidien, Ltd. |
|
19,968 |
|
883,584 |
|
|
|
General-Probe, Inc. (1) |
|
23,579 |
|
1,136,508 |
|
|
|
Hospira, Inc. (1) |
|
13,029 |
|
557,250 |
|
|
|
Immucor, Inc. (1) |
|
58,135 |
|
1,240,601 |
|
|
|
Intuitive Surgical, Inc. (1) |
|
23,868 |
|
7,741,586 |
|
|
|
Medtronic, Inc. |
|
123,565 |
|
5,976,839 |
|
|
|
Olympus Optical Corp. |
|
67,000 |
|
2,041,642 |
|
|
|
Terumo Corp. |
|
71,200 |
|
3,753,098 |
|
|
|
Thoratec Corp. (1) |
|
59,499 |
|
850,241 |
|
|
|
West Pharmaceutical Services, Inc. |
|
14,776 |
|
653,542 |
|
|
|
|
|
|
|
$ |
28,576,700 |
|
|
Health Care Providers & Services — 0.7% |
|
|
|
|
|
|
|
DaVita, Inc. (1) |
|
20,000 |
|
$ |
955,200 |
|
|
Humana, Inc. (1) |
|
35,364 |
|
1,586,429 |
|
|
|
IMS Health, Inc. |
|
20,213 |
|
424,675 |
|
|
|
Laboratory Corp. of America Holdings (1) |
|
17,446 |
|
1,285,421 |
|
|
|
Lincare Holdings, Inc. (1) |
|
56,738 |
|
1,594,905 |
|
|
|
McKesson Corp. |
|
119,157 |
|
6,240,252 |
|
|
|
Omnicare, Inc. |
|
32,075 |
|
582,482 |
|
|
|
UnitedHealth Group, Inc. |
|
42,000 |
|
1,443,120 |
|
|
|
|
|
|
|
$ |
14,112,484 |
|
|
Hotels, Restaurants & Leisure — 1.3% |
|
|
|
|
|
|
|
Accor SA |
|
26,214 |
|
$ |
1,920,971 |
|
|
Carnival Corp., Unit |
|
126,018 |
|
5,101,209 |
|
|
|
Cheesecake Factory, Inc. (1) |
|
34,858 |
|
759,556 |
|
|
|
Marriott International, Inc., Class A |
|
70,942 |
|
2,437,567 |
|
|
|
Starbucks Corp. (1) |
|
367,696 |
|
6,434,680 |
|
|
|
Starwood Hotels & Resorts Worldwide, Inc. |
|
54,114 |
|
2,800,399 |
|
|
|
Yum! Brands, Inc. |
|
157,714 |
|
5,868,538 |
|
|
|
|
|
|
|
$ |
25,322,920 |
|
6
|
Household Durables — 0.6% |
|
|
|
|
|
|
|
Barratt Developments PLC |
|
207,583 |
|
$ |
1,707,060 |
|
|
Clarion Co., Ltd. |
|
47,000 |
|
119,411 |
|
|
|
Daito Trust Construction Co., Ltd. |
|
9,200 |
|
475,585 |
|
|
|
Makita Corp. |
|
13,500 |
|
426,644 |
|
|
|
Pioneer Corp. |
|
76,500 |
|
769,319 |
|
|
|
Pulte Homes, Inc. |
|
37,833 |
|
550,470 |
|
|
|
Ryland Group, Inc. |
|
10,448 |
|
343,635 |
|
|
|
Sharp Corp. |
|
86,000 |
|
1,478,247 |
|
|
|
Snap-On, Inc. |
|
15,120 |
|
768,852 |
|
|
|
Sony Corp. |
|
68,300 |
|
2,751,141 |
|
|
|
Stanley Works |
|
48,688 |
|
2,318,523 |
|
|
|
|
|
|
|
$ |
11,708,887 |
|
|
Household Products — 1.1% |
|
|
|
|
|
|
|
Colgate-Palmolive Co. |
|
19,867 |
|
$ |
1,547,838 |
|
|
Kao Corp. |
|
114,654 |
|
3,267,122 |
|
|
|
Nippon Sheet Glass |
|
232,000 |
|
1,042,696 |
|
|
|
Procter & Gamble Co. |
|
196,035 |
|
13,736,172 |
|
|
|
Uni-Charm Corp. |
|
8,500 |
|
624,899 |
|
|
|
|
|
|
|
$ |
20,218,727 |
|
|
Independent Power Producers & Energy Traders — 0.0% |
|
|
|
|
|
|
|
AES Corp. (The) (1) |
|
44,959 |
|
$ |
749,467 |
|
|
|
|
|
|
$ |
749,467 |
|
|
Industrial Conglomerates — 2.5% |
|
|
|
|
|
|
|
3M Co. |
|
81,121 |
|
$ |
6,420,727 |
|
|
General Electric Co. |
|
673,171 |
|
24,914,059 |
|
|
|
Hankyu Hanshin Holdings, Inc. |
|
23,128 |
|
100,825 |
|
|
|
Siemens AG |
|
155,733 |
|
16,951,435 |
|
|
|
|
|
|
|
$ |
48,387,046 |
|
|
Insurance — 4.4% |
|
|
|
|
|
|
|
ACE, Ltd. |
|
78,172 |
|
$ |
4,304,150 |
|
|
AFLAC, Inc. |
|
68,355 |
|
4,439,656 |
|
|
|
Aioi Insurance Co. Ltd. |
|
166,000 |
|
931,650 |
|
|
|
Alleanza Assicurazioni SpA |
|
121,297 |
|
1,591,666 |
|
|
|
Allianz SE |
|
30,941 |
|
6,140,605 |
|
|
|
Allstate Corp. (The) |
|
87,349 |
|
4,197,993 |
|
|
|
AMBAC Financial Group, Inc. |
|
85,998 |
|
494,489 |
|
|
|
American International Group, Inc. |
|
162,044 |
|
7,008,403 |
|
|
|
AON Corp. |
|
136,360 |
|
5,481,672 |
|
|
|
Assicurazioni Generali SpA |
|
25,617 |
|
1,157,216 |
|
|
|
AXA SA |
|
428,404 |
|
15,551,026 |
|
|
|
Cincinnati Financial Corp. |
|
20,643 |
|
785,260 |
|
|
|
CNP Assurances |
|
14,204 |
|
1,758,047 |
|
|
|
Corporacion Mapfre SA |
|
246,590 |
|
1,242,727 |
|
|
|
Fondiaria - SAI SpA |
|
22,751 |
|
946,653 |
|
|
|
Friends Provident PLC |
|
275,000 |
|
675,886 |
|
|
|
Lincoln National Corp. |
|
3,641 |
|
189,332 |
|
|
|
Marsh & McLennan Cos., Inc. |
|
83,242 |
|
2,026,943 |
|
|
|
MBIA Inc. |
|
43,955 |
|
537,130 |
|
|
|
Muenchener Rueckversicherungs-Gesellschaft AG |
|
58,944 |
|
11,592,895 |
|
|
|
Prudential PLC |
|
525,459 |
|
6,947,786 |
|
|
|
Resolution PLC |
|
96,239 |
|
1,309,309 |
|
|
|
Royal & Sun Alliance Insurance Group |
|
290,000 |
|
741,915 |
|
|
|
T & D Holdings, Inc. |
|
17,500 |
|
929,432 |
|
|
|
TrygVesta AS |
|
22,648 |
|
2,003,834 |
|
|
|
|
|
|
|
$ |
82,985,675 |
|
|
Internet & Catalog Retail — 0.4% |
|
|
|
|
|
|
|
Home Retail Group |
|
540,905 |
|
$ |
2,811,697 |
|
|
IAC/InterActiveCorp (1) |
|
273,397 |
|
5,675,722 |
|
|
|
|
|
|
|
$ |
8,487,419 |
|
7
|
Internet Software & Services — 2.9% |
|
|
|
|
|
|
|
Akamai Technologies, Inc. (1) |
|
60,662 |
|
$ |
1,708,242 |
|
|
Baidu.com ADR (1) |
|
8,247 |
|
1,976,229 |
|
|
|
eAccess, Ltd. |
|
158 |
|
98,207 |
|
|
|
eBay, Inc. (1) |
|
417,326 |
|
12,453,008 |
|
|
|
Google, Inc., Class A (1) |
|
60,763 |
|
26,764,279 |
|
|
|
VeriSign, Inc. (1) |
|
146,768 |
|
4,878,568 |
|
|
|
Yahoo!, Inc. (1) |
|
227,796 |
|
6,590,138 |
|
|
|
|
|
|
|
$ |
54,468,671 |
|
|
IT Services — 0.7% |
|
|
|
|
|
|
|
Cognizant Technology Solutions Corp. (1) |
|
125,529 |
|
$ |
3,619,001 |
|
|
Electronic Data Systems Corp. |
|
26,776 |
|
445,820 |
|
|
|
Metavante Technologies, Inc. (1) |
|
12,238 |
|
244,638 |
|
|
|
Nomura Research Institute, Ltd. |
|
14,000 |
|
368,972 |
|
|
|
NTT Data Corp. |
|
706 |
|
3,112,949 |
|
|
|
Obic Co., Ltd. |
|
600 |
|
107,194 |
|
|
|
Satyam Computer Services, Ltd. ADR |
|
171,090 |
|
3,864,923 |
|
|
|
Total System Services, Inc. |
|
37,564 |
|
888,764 |
|
|
|
Western Union Co. |
|
40,000 |
|
850,800 |
|
|
|
|
|
|
|
$ |
13,503,061 |
|
|
Leisure Equipment & Products — 0.4% |
|
|
|
|
|
|
|
Eastman Kodak Co. |
|
20,370 |
|
$ |
359,938 |
|
|
Fuji Photo Film Co., Ltd. |
|
90,800 |
|
3,250,177 |
|
|
|
Hasbro, Inc. |
|
26,234 |
|
731,929 |
|
|
|
Mattel, Inc. |
|
31,709 |
|
631,009 |
|
|
|
Nikon Corp. |
|
97,000 |
|
2,599,943 |
|
|
|
|
|
|
|
$ |
7,572,996 |
|
|
Life Sciences Tools & Services — 0.1% |
|
|
|
|
|
|
|
PerkinElmer, Inc. |
|
27,425 |
|
$ |
665,056 |
|
|
Thermo Fisher Scientific, Inc. (1) |
|
12,387 |
|
704,077 |
|
|
|
|
|
|
|
$ |
1,369,133 |
|
|
Machinery — 1.7% |
|
|
|
|
|
|
|
AGCO Corp. (1) |
|
44,000 |
|
$ |
2,634,720 |
|
|
Amada Co., Ltd. |
|
38,000 |
|
291,346 |
|
|
|
Daiwa House Industry Co., Ltd. |
|
169,000 |
|
1,689,894 |
|
|
|
Danaher Corp. |
|
1,373 |
|
104,389 |
|
|
|
Dover Corp. |
|
13,219 |
|
552,290 |
|
|
|
Eaton Corp. |
|
46,216 |
|
3,682,029 |
|
|
|
Fanuc, Ltd. |
|
70,627 |
|
6,785,396 |
|
|
|
Illinois Tool Works, Inc. |
|
13,282 |
|
640,591 |
|
|
|
Japan Steel Works, Ltd. |
|
135,000 |
|
2,327,281 |
|
|
|
Kawasaki Heavy Industries, Ltd. |
|
209,000 |
|
470,275 |
|
|
|
Komatsu, Ltd. |
|
93,000 |
|
2,622,313 |
|
|
|
Kurita Water Industries, Ltd. |
|
14,700 |
|
549,492 |
|
|
|
Minebea Co., Ltd. |
|
212,227 |
|
1,256,914 |
|
|
|
NSK, Ltd. |
|
151,000 |
|
1,150,778 |
|
|
|
Pall Corp. |
|
19,443 |
|
681,866 |
|
|
|
Parker Hannifin Corp. |
|
60,996 |
|
4,225,193 |
|
|
|
Terex Corp. (1) |
|
17,058 |
|
1,066,125 |
|
|
|
Vallourec SA |
|
4,292 |
|
1,044,816 |
|
|
|
|
|
|
|
$ |
31,775,708 |
|
|
Marine — 0.1% |
|
|
|
|
|
|
|
Nippon Yusen KK |
|
175,000 |
|
$ |
1,661,725 |
|
|
|
|
|
|
$ |
1,661,725 |
|
8
|
Media — 2.0% |
|
|
|
|
|
|
|
CBS Corp., Class B |
|
46,764 |
|
$ |
1,032,549 |
|
|
Comcast Corp., Class A |
|
526,294 |
|
10,178,526 |
|
|
|
Comcast Corp., Special Class A |
|
158,938 |
|
3,015,054 |
|
|
|
Cumulus Media, Inc., Class A(1) |
|
9,590 |
|
61,184 |
|
|
|
Dentsu, Inc. |
|
800 |
|
1,839,716 |
|
|
|
Eniro AB |
|
234,800 |
|
1,714,911 |
|
|
|
Fuji Television Network, Inc. |
|
68 |
|
101,064 |
|
|
|
Meredith Corp. |
|
10,553 |
|
403,652 |
|
|
|
Omnicom Group, Inc. |
|
82,642 |
|
3,651,124 |
|
|
|
PagesJaunes Groupe SA |
|
90,227 |
|
1,613,189 |
|
|
|
Reed Elsevier NV |
|
88,570 |
|
1,699,707 |
|
|
|
Reuters Group PLC |
|
74,929 |
|
863,648 |
|
|
|
Television Francaise |
|
75,221 |
|
1,663,473 |
|
|
|
Viacom, Inc., Class B(1) |
|
74,912 |
|
2,968,013 |
|
|
|
Walt Disney Co. |
|
214,837 |
|
6,741,585 |
|
|
|
Wolters Kluwer NV |
|
48,339 |
|
1,286,555 |
|
|
|
|
|
|
|
$ |
38,833,950 |
|
|
Metals & Mining — 3.0% |
|
|
|
|
|
|
|
Alcoa, Inc. |
|
83,506 |
|
$ |
3,011,226 |
|
|
Anglo American PLC |
|
165,185 |
|
9,915,645 |
|
|
|
Arcelor Mittal |
|
161,706 |
|
13,274,406 |
|
|
|
Barrick Gold Corp. |
|
10,583 |
|
459,831 |
|
|
|
Companhia Vale do Rio Doce ADR |
|
40,000 |
|
1,385,600 |
|
|
|
Dowa Mining Co., Ltd. |
|
59,701 |
|
360,092 |
|
|
|
Lonmin PLC |
|
15,000 |
|
913,282 |
|
|
|
Newmont Mining Corp. |
|
35,000 |
|
1,585,500 |
|
|
|
Nippon Light Metal Co., Ltd. |
|
755,000 |
|
1,149,119 |
|
|
|
Rio Tinto PLC |
|
172,642 |
|
17,967,847 |
|
|
|
Steel Dynamics, Inc. |
|
27,082 |
|
894,789 |
|
|
|
Sumitomo Metal Industries, Ltd. |
|
241,613 |
|
927,041 |
|
|
|
Sumitomo Metal Mining Co., Ltd. |
|
98,000 |
|
1,852,751 |
|
|
|
Teck Cominco, Ltd., Class B |
|
42,905 |
|
1,757,389 |
|
|
|
Toho Titanium |
|
7,000 |
|
180,860 |
|
|
|
Toho Zinc Co., Ltd. |
|
31,000 |
|
168,294 |
|
|
|
Vedanta Resources PLC |
|
23,766 |
|
991,821 |
|
|
|
|
|
|
|
$ |
56,795,493 |
|
|
Multiline Retail — 0.7% |
|
|
|
|
|
|
|
Hankyu Department Stores |
|
42,000 |
|
$ |
283,408 |
|
|
Isetan Co., Ltd. |
|
116,600 |
|
1,346,324 |
|
|
|
J Front Retailing Co., Ltd. |
|
162,000 |
|
1,046,713 |
|
|
|
Kohl’s Corp.(1) |
|
20,000 |
|
857,800 |
|
|
|
Nordstrom, Inc. |
|
42,995 |
|
1,401,637 |
|
|
|
PPR SA |
|
12,595 |
|
1,874,362 |
|
|
|
Ryohin Keikaku Co., Ltd. |
|
2,000 |
|
116,849 |
|
|
|
Sears Holdings Corp.(1) |
|
50,414 |
|
5,146,765 |
|
|
|
Target Corp. |
|
15,525 |
|
786,807 |
|
|
|
|
|
|
|
$ |
12,860,665 |
|
|
Multi-Utilities — 1.5% |
|
|
|
|
|
|
|
Ameren Corp. |
|
72,149 |
|
$ |
3,177,442 |
|
|
Centrica PLC |
|
307,754 |
|
1,826,009 |
|
|
|
CMS Energy Corp. |
|
185,436 |
|
2,510,803 |
|
|
|
Consolidated Edison, Inc. |
|
26,799 |
|
1,063,920 |
|
|
|
Dominion Resources, Inc. |
|
27,130 |
|
1,107,989 |
|
|
9
|
NiSource, Inc. |
|
161,910 |
|
$ |
2,791,328 |
|
|
NorthWestern Corp. |
|
25,742 |
|
627,333 |
|
|
|
PG&E Corp. |
|
9,132 |
|
336,240 |
|
|
|
Public Service Enterprise Group, Inc. |
|
113,644 |
|
4,567,352 |
|
|
|
Suez SA |
|
38,398 |
|
2,527,941 |
|
|
|
TECO Energy, Inc. |
|
30,971 |
|
493,987 |
|
|
|
United Utilities PLC |
|
429,187 |
|
5,894,983 |
|
|
|
Veolia Environnement |
|
31,200 |
|
2,185,239 |
|
|
|
|
|
|
|
$ |
29,110,566 |
|
|
Office Electronics — 0.3% |
|
|
|
|
|
|
|
Canon, Inc. |
|
96,300 |
|
$ |
4,498,305 |
|
|
Xerox Corp. |
|
38,686 |
|
579,129 |
|
|
|
|
|
|
|
$ |
5,077,434 |
|
|
Oil, Gas & Consumable Fuels — 7.8% |
|
|
|
|
|
|
|
BP PLC |
|
1,754,534 |
|
$ |
17,801,904 |
|
|
Chevron Corp. |
|
86,537 |
|
7,386,798 |
|
|
|
ConocoPhillips |
|
144,488 |
|
11,011,430 |
|
|
|
Cosmo Oil Co., Ltd. |
|
314,000 |
|
996,472 |
|
|
|
Dampskibsselskabet Torm |
|
22,760 |
|
680,582 |
|
|
|
El Paso Corp. |
|
56,715 |
|
943,738 |
|
|
|
ENI SpA |
|
287,820 |
|
9,833,184 |
|
|
|
Exxon Mobil Corp. |
|
345,765 |
|
29,244,804 |
|
|
|
Frontline, Ltd. |
|
15,212 |
|
700,721 |
|
|
|
Independent Tankers Corp., Ltd.(1) |
|
9,642 |
|
16,128 |
|
|
|
Parallel Petroleum Corp.(1) |
|
90,562 |
|
1,772,298 |
|
|
|
Royal Dutch Shell PLC |
|
383,980 |
|
12,953,538 |
|
|
|
Royal Dutch Shell PLC, Class A |
|
441,067 |
|
15,208,583 |
|
|
|
Suncor Energy, Inc. |
|
27,545 |
|
2,653,961 |
|
|
|
TonenGeneral Sekiyu KK |
|
64,000 |
|
550,881 |
|
|
|
Total SA |
|
342,852 |
|
25,493,163 |
|
|
|
Williams Cos., Inc. |
|
159,612 |
|
5,264,004 |
|
|
|
XTO Energy, Inc. |
|
90,000 |
|
5,567,400 |
|
|
|
|
|
|
|
$ |
148,079,589 |
|
|
Paper and Forest Products — 0.1% |
|
|
|
|
|
|
|
International Paper Co. |
|
50,046 |
|
$ |
1,361,251 |
|
|
Mondi PLC |
|
83,504 |
|
693,721 |
|
|
|
|
|
|
|
$ |
2,054,972 |
|
|
Personal Products — 0.4% |
|
|
|
|
|
|
|
Alberto-Culver Co. |
|
11,849 |
|
$ |
324,781 |
|
|
Beiersdorf AG |
|
28,716 |
|
2,422,810 |
|
|
|
Herbalife, Ltd. |
|
21,454 |
|
1,019,065 |
|
|
|
L’Oreal SA |
|
9,729 |
|
1,239,775 |
|
|
|
Oriflame Cosmetics SA |
|
32,734 |
|
2,180,422 |
|
|
|
USANA Health Services, Inc.(1) |
|
9,533 |
|
210,012 |
|
|
|
|
|
|
|
$ |
7,396,865 |
|
|
Pharmaceuticals — 5.7% |
|
|
|
|
|
|
|
Abbott Laboratories |
|
155,754 |
|
$ |
8,589,833 |
|
|
Allergan, Inc. |
|
41,914 |
|
2,363,530 |
|
|
|
Astellas Pharma, Inc. |
|
67,800 |
|
2,666,619 |
|
|
|
AstraZeneca PLC |
|
59,029 |
|
2,217,359 |
|
|
|
Bristol-Myers Squibb Co. |
|
330,336 |
|
7,036,157 |
|
|
|
Cardiome Pharma Corp.(1) |
|
62,480 |
|
524,832 |
|
|
|
Chugai Pharmaceuticals Co., Ltd. |
|
38,000 |
|
431,578 |
|
|
10
|
Daiichi Sankyo Co., Ltd. |
|
66,600 |
|
$ |
1,978,658 |
|
|
|
Eisai Co., Ltd. |
|
76,646 |
|
2,642,828 |
|
||
|
Eli Lilly & Co. |
|
28,000 |
|
1,444,520 |
|
||
|
Endo Pharmaceuticals Holdings, Inc.(1) |
|
42,910 |
|
1,027,265 |
|
||
|
GlaxoSmithKline PLC |
|
722,025 |
|
15,294,358 |
|
||
|
Johnson & Johnson |
|
95,489 |
|
6,194,371 |
|
||
|
King Pharmaceuticals, Inc.(1) |
|
62,199 |
|
541,131 |
|
||
|
Medicines Co.(1) |
|
62,461 |
|
1,261,712 |
|
||
|
Merck & Co., Inc. |
|
21,660 |
|
821,997 |
|
||
|
Novartis AG |
|
161,420 |
|
8,317,029 |
|
||
|
Pfizer, Inc. |
|
513,822 |
|
10,754,294 |
|
||
|
Roche Holding AG |
|
91,418 |
|
17,300,095 |
|
||
|
Sanofi-Synthelabo SA |
|
126,955 |
|
9,556,969 |
|
||
|
Santen Pharmaceutical Co., Ltd. |
|
17,000 |
|
397,164 |
|
||
|
Sepracor, Inc.(1) |
|
41,990 |
|
819,645 |
|
||
|
Shionogi & Co., Ltd. |
|
96,000 |
|
1,653,391 |
|
||
|
Takeda Pharmaceutical Co., Ltd. |
|
68,131 |
|
3,425,301 |
|
||
|
Tanabe Seiyaku Co., Ltd. |
|
28,000 |
|
326,599 |
|
||
|
Valeant Pharmaceuticals International(1) |
|
40,456 |
|
519,050 |
|
||
|
|
|
|
|
$ |
108,106,285 |
|
|
|
Real Estate Investment Trusts (REITs) — 0.3% |
|
|
|
|
|
||
|
Host Hotels & Resorts, Inc. |
|
33,128 |
|
$ |
527,398 |
|
|
|
Japan Real Estate Investment Corp. |
|
50 |
|
587,622 |
|
||
|
Japan Retail Fund Investment Corp. |
|
50 |
|
318,575 |
|
||
|
Nippon Building Fund, Inc. |
|
56 |
|
714,665 |
|
||
|
Simon Property Group, Inc. |
|
35,779 |
|
3,324,227 |
|
||
|
|
|
|
|
$ |
5,472,487 |
|
|
|
Real Estate Management & Development — 0.3% |
|
|
|
|
|
||
|
Heiwa Real Estate Co., Ltd. |
|
104,000 |
|
$ |
499,871 |
|
|
|
Kungsleden AB |
|
90,902 |
|
1,131,311 |
|
||
|
Mitsubishi Estate Co., Ltd. |
|
76,000 |
|
1,865,384 |
|
||
|
Sumitomo Realty & Development Co., Ltd. |
|
92,000 |
|
1,641,423 |
|
||
|
Tokyu Land Corp. |
|
26,000 |
|
165,825 |
|
||
|
|
|
|
|
$ |
5,303,814 |
|
|
|
Road & Rail — 0.5% |
|
|
|
|
|
||
|
CSX Corp. |
|
48,354 |
|
$ |
2,711,209 |
|
|
|
East Japan Railway Co. |
|
94 |
|
784,968 |
|
||
|
Keio Corp. |
|
139,000 |
|
780,209 |
|
||
|
Kinetsu Corp. |
|
91,000 |
|
326,411 |
|
||
|
Nippon Express Co., Ltd. |
|
131,000 |
|
758,984 |
|
||
|
Norfolk Southern Corp. |
|
41,055 |
|
2,230,108 |
|
||
|
Ryder System, Inc. |
|
14,154 |
|
862,120 |
|
||
|
Seino Holdings Corp. |
|
72,000 |
|
471,686 |
|
||
|
Tobu Railway Co., Ltd. |
|
154,000 |
|
827,612 |
|
||
|
|
|
|
|
$ |
9,753,307 |
|
|
|
Semiconductors & Semiconductor Equipment — 3.3% |
|
|
|
|
|
||
|
Advantest Corp. |
|
146,800 |
|
$ |
3,857,045 |
|
|
|
Applied Materials, Inc. |
|
498,564 |
|
9,726,984 |
|
||
|
Atheros Communications, Inc.(1) |
|
66,024 |
|
1,375,940 |
|
||
|
Broadcom Corp., Class A(1) |
|
117,049 |
|
2,255,534 |
|
||
|
Intel Corp. |
|
991,292 |
|
20,995,565 |
|
||
|
Intersil Corp., Class A |
|
40,863 |
|
1,048,953 |
|
||
|
KLA-Tencor Corp. |
|
154,838 |
|
5,744,490 |
|
||
|
Marvell Technology Group, Ltd.(1) |
|
256,978 |
|
2,795,921 |
|
||
11
|
MEMC Electronic Materials, Inc.(1) |
|
74,411 |
|
$ |
5,275,740 |
|
|
|
Microchip Technology, Inc. |
|
56,000 |
|
1,832,880 |
|
||
|
Nvidia Corp.(1) |
|
148,404 |
|
2,936,915 |
|
||
|
ROHM Co., Ltd. |
|
1,500 |
|
93,888 |
|
||
|
Tokyo Electron, Ltd. |
|
66,100 |
|
4,057,165 |
|
||
|
Tokyo Seimitsu Co., Ltd. |
|
21,700 |
|
402,015 |
|
||
|
Veeco Instruments, Inc.(1) |
|
23,763 |
|
395,179 |
|
||
|
|
|
|
|
$ |
62,794,214 |
|
|
|
Software — 4.8% |
|
|
|
|
|
||
|
Autodesk, Inc.(1) |
|
159,932 |
|
$ |
5,034,659 |
|
|
|
BEA Systems, Inc.(1) |
|
157,545 |
|
3,016,987 |
|
||
|
CA, Inc. |
|
43,249 |
|
973,103 |
|
||
|
Cadence Design Systems, Inc.(1) |
|
69,562 |
|
742,922 |
|
||
|
Compuware Corp.(1) |
|
58,560 |
|
429,830 |
|
||
|
Electronic Arts, Inc.(1) |
|
136,496 |
|
6,813,880 |
|
||
|
Fuji Soft ABC, Inc. |
|
10,900 |
|
205,170 |
|
||
|
i2 Technologies, Inc.(1) |
|
44,780 |
|
504,223 |
|
||
|
Konami Corp. |
|
80,300 |
|
3,064,143 |
|
||
|
Microsoft Corp. |
|
1,427,724 |
|
40,518,807 |
|
||
|
NAVTEQ Corp.(1) |
|
64,478 |
|
4,384,504 |
|
||
|
Nintendo Co., Ltd. |
|
1,600 |
|
838,347 |
|
||
|
Oracle Corp.(1) |
|
979,470 |
|
19,158,433 |
|
||
|
Oracle Corp. Japan |
|
10,800 |
|
503,226 |
|
||
|
TiVo, Inc.(1) |
|
242,835 |
|
2,127,235 |
|
||
|
Trend Micro, Inc. |
|
62,897 |
|
2,485,788 |
|
||
|
|
|
|
|
$ |
90,801,257 |
|
|
|
Specialty Retail — 1.4% |
|
|
|
|
|
||
|
Abercrombie & Fitch Co., Class A |
|
30,198 |
|
$ |
2,208,682 |
|
|
|
Aoyama Trading Co., Ltd. |
|
4,915 |
|
106,584 |
|
||
|
Autobacs Seven Co., Ltd. |
|
13,300 |
|
366,921 |
|
||
|
Best Buy Co., Inc. |
|
74,789 |
|
3,100,752 |
|
||
|
Fast Retailing Co., Ltd. |
|
66,200 |
|
5,908,641 |
|
||
|
Home Depot, Inc. |
|
114,338 |
|
3,198,034 |
|
||
|
Inditex SA |
|
39,946 |
|
2,225,294 |
|
||
|
Kesa Electricals PLC |
|
295,229 |
|
1,212,535 |
|
||
|
Kingfisher PLC |
|
252,177 |
|
663,992 |
|
||
|
Limited Brands, Inc. |
|
115,104 |
|
1,968,278 |
|
||
|
OfficeMax, Inc. |
|
26,794 |
|
512,837 |
|
||
|
Staples, Inc. |
|
194,492 |
|
4,300,218 |
|
||
|
Tiffany & Co. |
|
13,839 |
|
579,024 |
|
||
|
TJX Companies, Inc. (The) |
|
25,596 |
|
846,460 |
|
||
|
Yamada Denki Co., Ltd. |
|
2,300 |
|
200,823 |
|
||
|
|
|
|
|
$ |
27,399,075 |
|
|
|
Textiles, Apparel & Luxury Goods — 0.6% |
|
|
|
|
|
||
|
Asics Corp. |
|
8,777 |
|
$ |
102,113 |
|
|
|
Coach, Inc.(1) |
|
47,222 |
|
1,423,743 |
|
||
|
Compagnie Financiere Richemont AG, Class A |
|
33,833 |
|
1,907,256 |
|
||
|
Crocs, Inc.(1) |
|
14,805 |
|
258,643 |
|
||
|
Hanesbrands, Inc.(1) |
|
4,073 |
|
118,932 |
|
||
|
Nike, Inc., Class B |
|
66,150 |
|
4,498,200 |
|
||
|
Swatch Group AG, Class B |
|
6,168 |
|
1,658,370 |
|
||
|
Toyobo Co., Ltd. |
|
290,000 |
|
610,261 |
|
||
|
|
|
|
|
$ |
10,577,518 |
|
|
12
|
Thrifts & Mortgage Finance — 0.3% |
|
|
|
|
|
|
|
Countrywide Financial Corp. |
|
106,423 |
|
$ |
585,327 |
|
|
Federal National Mortgage Association |
|
50,377 |
|
1,325,923 |
|
|
|
Freddie Mac |
|
66,535 |
|
1,684,666 |
|
|
|
MGIC Investment Corp. |
|
43,405 |
|
457,055 |
|
|
|
Sovereign Bancorp, Inc. |
|
196,914 |
|
1,835,238 |
|
|
|
|
|
|
|
$ |
5,888,209 |
|
|
Tobacco — 1.0% |
|
|
|
|
|
|
|
Altria Group, Inc. |
|
127,887 |
|
$ |
2,839,091 |
|
|
Imperial Tobacco Group PLC |
|
46,553 |
|
2,146,783 |
|
|
|
Philip Morris International, Inc.(1) |
|
127,887 |
|
6,468,524 |
|
|
|
Reynolds American, Inc. |
|
73,886 |
|
4,361,491 |
|
|
|
Swedish Match AB |
|
64,387 |
|
1,408,970 |
|
|
|
UST, Inc. |
|
21,669 |
|
1,181,394 |
|
|
|
|
|
|
|
$ |
18,406,253 |
|
|
Trading Companies & Distributors — 0.4% |
|
|
|
|
|
|
|
ITOCHU Corp. |
|
116,000 |
|
$ |
1,161,833 |
|
|
Marubeni Corp. |
|
63,000 |
|
464,236 |
|
|
|
Mitsubishi Corp. |
|
52,300 |
|
1,602,503 |
|
|
|
Mitsui & Co., Ltd. |
|
157,962 |
|
3,246,200 |
|
|
|
Toyota Tsusho Corp. |
|
49,991 |
|
1,075,224 |
|
|
|
|
|
|
|
$ |
7,549,996 |
|
|
Transportation Infrastructure — 0.1% |
|
|
|
|
|
|
|
Societe des Autoroutes Paris-Rhin-Rhone |
|
18,585 |
|
$ |
2,255,783 |
|
|
|
|
|
|
$ |
2,255,783 |
|
|
Water Utilities — 0.1% |
|
|
|
|
|
|
|
Severn Trent PLC |
|
52,773 |
|
$ |
1,490,294 |
|
|
|
|
|
|
$ |
1,490,294 |
|
|
Wireless Telecommunication Services — 1.8% |
|
|
|
|
|
|
|
Bouygues SA |
|
23,071 |
|
$ |
1,472,943 |
|
|
KDDI Corp. |
|
673 |
|
4,145,568 |
|
|
|
Millicom International Cellular SA(1) |
|
23,628 |
|
2,234,027 |
|
|
|
Rogers Communications, Inc., Class B |
|
44,217 |
|
1,588,275 |
|
|
|
Softbank Corp. |
|
196,098 |
|
3,598,922 |
|
|
|
Vodafone Group PLC |
|
7,018,130 |
|
20,890,830 |
|
|
|
|
|
|
|
$ |
33,930,565 |
|
|
Total Common Stocks |
|
|
|
$ |
1,934,424,886 |
|
|
Total Investments — 101.5% |
|
|
|
$ |
1,934,424,886 |
|
Covered Call Options Written — (1.8%)
|
|
|
Number |
|
Strike |
|
Expiration |
|
|
|
||
|
Description |
|
of Contracts |
|
Price |
|
Date |
|
Value |
|
||
|
Euro Stoxx 50 Index |
|
34,798 |
|
EUR |
3,650 |
|
4/18/08 |
|
$ |
(3,815,631 |
) |
|
FTSE 100 Index |
|
9,493 |
|
GBP |
5,700 |
|
4/18/08 |
|
(2,386,718 |
) |
|
|
Nasdaq 100 Index |
|
1,000 |
|
$ |
1,775 |
|
4/19/08 |
|
(4,620,000 |
) |
|
|
Nasdaq 100 Index |
|
570 |
|
$ |
1,825 |
|
4/19/08 |
|
(1,311,000 |
) |
|
|
Nasdaq 100 Index |
|
810 |
|
$ |
1,750 |
|
4/19/08 |
|
(5,362,200 |
) |
|
|
Nikkei Index |
|
1,510,525 |
|
JPY |
13,500 |
|
4/11/08 |
|
(463,429 |
) |
|
13
|
S&P 500 Index |
|
950 |
|
$ |
1,315 |
|
4/19/08 |
|
$ |
(3,420,000 |
) |
|
|
S&P 500 Index |
|
2,149 |
|
$ |
1,325 |
|
4/19/08 |
|
(5,501,440 |
) |
||
|
S&P 500 Index |
|
1,525 |
|
$ |
1,340 |
|
4/19/08 |
|
(3,050,000 |
) |
||
|
S&P 500 Index |
|
159 |
|
$ |
1,345 |
|
4/19/08 |
|
(323,247 |
) |
||
|
SMI Index |
|
5,095 |
|
CHF |
7,150 |
|
4/18/08 |
|
(881,406 |
) |
||
|
TOP1 Index |
|
12,339 |
|
JPY |
268 |
|
4/15/08 |
|
(3,886,785 |
) |
||
|
Total Covered Call Options Written |
|
|
|
|
|
|
|
|
$ |
(35,021,856 |
) |
|
|
Other Assets, Less Liabilities — 0.3% |
|
|
|
|
|
|
|
|
$ |
6,315,520 |
|
|
|
Net Assets — 100.0% |
|
|
|
|
|
|
|
|
$ |
1,905,718,550 |
|
|
|
ADR |
— |
American Depository Receipt |
|
CHF |
— |
Swiss Franc |
|
EUR |
— |
Euro |
|
GBP |
— |
British Pound Sterling |
|
JPY |
— |
Japanese Yen |
|
(1) |
|
Non-income producing security. |
Country Concentration of Portfolio
|
Country |
|
Percentage |
|
Value |
|
|
|
United States |
|
52.3 |
% |
$ |
997,604,011 |
|
|
Japan |
|
10.3 |
|
195,855,250 |
|
|
|
United Kingdom |
|
10.0 |
|
190,248,152 |
|
|
|
France |
|
6.0 |
|
114,806,942 |
|
|
|
Germany |
|
5.5 |
|
105,303,588 |
|
|
|
Switzerland |
|
4.2 |
|
79,416,837 |
|
|
|
Spain |
|
2.8 |
|
53,421,914 |
|
|
|
Netherlands |
|
2.5 |
|
47,375,766 |
|
|
|
Italy |
|
2.2 |
|
42,207,191 |
|
|
|
Canada |
|
1.3 |
|
25,809,635 |
|
|
|
Luxemburg |
|
0.9 |
|
17,688,855 |
|
|
|
Finland |
|
0.8 |
|
15,310,143 |
|
|
|
Cayman Islands |
|
0.8 |
|
14,718,672 |
|
|
|
Sweden |
|
0.4 |
|
6,879,550 |
|
|
|
Panama |
|
0.3 |
|
5,101,209 |
|
|
|
Denmark |
|
0.3 |
|
4,847,376 |
|
|
|
Other Countries, less than 0.3% each |
|
0.9 |
|
17,829,795 |
|
|
|
|
|
101.5 |
% |
$ |
1,934,424,886 |
|
The cost and unrealized appreciation (depreciation) of investments of the Fund at March 31, 2008, as determined on a federal income tax basis, were as follows:
|
Aggregate cost |
|
$ |
1,680,757,407 |
|
|
Gross unrealized appreciation |
|
336,875,067 |
|
|
|
Gross unrealized depreciation |
|
(83,207,588 |
) |
|
|
Net unrealized appreciation |
|
$ |
253,667,479 |
|
Written call option activity for the period ended March 31, 2008 was as follows:
|
|
|
Number of |
|
Premiums |
|
|
|
Outstanding, beginning of period |
|
1,481,404 |
|
$ |
30,896,320 |
|
|
Options written |
|
4,759,112 |
|
89,661,949 |
|
|
|
Options terminated in closing purchase transactions |
|
(4,625,866 |
) |
(74,984,199 |
) |
|
|
Options expired |
|
(35,237 |
) |
(13,455,584 |
) |
|
|
Outstanding, end of period |
|
1,579,413 |
|
$ |
32,118,486 |
|
All of the assets of the Fund are subject to segregation to satisfy the requirements of the escrow agent. At March 31, 2008, the Fund had sufficient cash and/or securities to cover commitments under these contracts.
14
The Fund adopted Financial Accounting Standards Board Statement of Financial Accounting Standards No. 157 (FAS 157), “Fair Value Measurements”, effective January 1, 2008. FAS 157 established a three-tier hierarchy to prioritize the assumptions, referred to as inputs, used in valuation techniques to measure fair value. The three-tier hierarchy of inputs is summarized in the three broad levels listed below.
|
· |
Level 1 – quoted prices in active markets for identical investments |
|
· |
Level 2 – other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.) |
|
· |
Level 3 – significant unobservable inputs (including a fund’s own assumptions in determining the fair value of investments) |
At March 31, 2008, the inputs used in valuing the Fund’s investments, which are carried at value, were as follows:
|
|
|
Valuation Inputs |
|
Investments in |
|
Other Financial |
|
||
|
Level 1 |
|
Quoted Prices |
|
$ |
1,059,376,099 |
|
$ |
(35,021,856 |
) |
|
Level 2 |
|
Other Significant Observable Inputs |
|
875,048,787 |
|
— |
|
||
|
Level 3 |
|
Significant Unobservable Inputs |
|
— |
|
— |
|
||
|
Total |
|
|
|
$ |
1,934,424,886 |
|
$ |
(35,021,856 |
) |
*Other financial instruments include written call options, which are valued at the unrealized appreciation (depreciation) on the instrument.
The Fund held no investments or other financial instruments as of December 31, 2007 whose fair value was determined using Level 3 inputs.
Equity securities listed on a U.S. securities exchange generally are valued at the last sale price on the day of valuation or, if no sales took place on such date, at the mean between the closing bid and asked prices therefore on the exchange where such securities are principally traded. Equity securities listed on the NASDAQ Global or Global Select Market generally are valued at the NASDAQ official closing price. Unlisted or listed securities for which closing sales prices or closing quotations are not available are valued at the mean between the latest available bid and asked prices or, in the case of preferred equity securities that are not listed or traded in the over-the-counter market, by an independent pricing service. Exchange-traded options are valued at the last sale price for the day of valuation as quoted on the principal exchange or board of trade on which the options are traded or, in the absence of sales on such date, at the mean between the latest bid and asked prices therefore. Over-the-counter options are valued based on broker quotations. Short-term debt securities with a remaining maturity of sixty days or less are valued at amortized cost, which approximates market value. If short-term debt securities are acquired with a remaining maturity of more than sixty days, they will be valued by a pricing service. Other fixed income and debt securities, including listed securities and securities for which price quotations are available, will normally be valued on the basis of valuations furnished by a pricing service. Valuations for debt obligations are derived from the pricing vendors’ proprietary pricing models. Inputs to the models may include, but are not limited to, reported trades, executable bid and asked prices, broker/dealer quotations, benchmark curves or information pertaining to the issuer. The pricing vendor may use a matrix approach which considers information regarding securities with similar characteristics in order to determine the valuation for a security. Foreign securities and currencies are valued in U.S. dollars, based on foreign currency exchange rate quotations supplied by an independent quotation service. The independent service uses a proprietary model to determine the exchange rate. Inputs to the model include reported trades and implied bid/ask spreads. The daily valuation of exchange-traded foreign securities generally is determined as of the close of trading on the principal exchange on which such securities trade. Events occurring after the close of trading on foreign exchanges may result in adjustments to the valuation of foreign securities to more accurately reflect their fair value as of the close of regular trading on the New York Stock Exchange. When valuing foreign equity securities that meet certain criteria, the Trustees have approved the use of a fair value service that values such securities to reflect market trading that occurs after the close of the applicable foreign markets of comparable securities or other instruments that have a strong correlation to the fair valued securities. Investments for which valuations or market quotations are not readily available are valued at fair value using methods determined in good faith by or at the direction of the Trustees of the Fund considering relevant factors, data and information including the market value of freely tradable securities of the same class in the principal market on which such securities are normally traded.
15
Item 2. Controls and Procedures
(a) It is the conclusion of the registrant’s principal executive officer and principal financial officer that the effectiveness of the registrant’s current disclosure controls and procedures (such disclosure controls and procedures having been evaluated within 90 days of the date of this filing) provide reasonable assurance that the information required to be disclosed by the registrant on this Form N-Q has been recorded, processed, summarized and reported within the time period specified in the Commission’s rules and forms and that the information required to be disclosed by the registrant on this Form N-Q has been accumulated and communicated to the registrant’s principal executive officer and principal financial officer in order to allow timely decisions regarding required disclosure.
(b) There have been no changes in the registrant’s internal controls over financial reporting during the fiscal quarter for which the report is being filed that have materially affected, or are reasonably likely to materially affect the registrant’s internal control over financial reporting.
Signatures
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.
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
|
By: |
|
/s/ Duncan W. Richardson |
|
|
|
Duncan W. Richardson |
|
|
|
President |
|
|
|
|
|
Date: |
|
May 21, 2008 |
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.
|
By: |
|
/s/ Duncan W. Richardson |
|
|
|
Duncan W. Richardson |
|
|
|
President |
|
|
|
|
|
Date: |
|
May 21, 2008 |
|
|
|
|
|
|
|
|
|
By: |
|
/s/ Barbara E. Campbell |
|
|
|
Barbara E. Campbell |
|
|
|
Treasurer |
|
|
|
|
|
Date: |
|
May 21, 2008 |