Food
Products 0.5%
|
|
|
|
|
|
Dairy Farmers of America,
7.875% (2)
|
|
73,750
|
|
$
|
5,918,438
|
|
Ocean Spray Cranberries, Inc.,
6.25% (2)
|
|
47,500
|
|
4,214,143
|
|
|
|
|
|
$
|
10,132,581
|
|
Gas Utilities 0.7%
|
|
|
|
|
|
Southern Union Co., 7.55%
|
|
578,900
|
|
$
|
14,599,858
|
|
|
|
|
|
$
|
14,599,858
|
|
Insurance 5.8%
|
|
|
|
|
|
Aegon NV, 6.375%
|
|
100,000
|
|
$
|
2,069,000
|
|
Arch Capital Group, Ltd., Series A,
8.00%
|
|
424,500
|
|
10,650,705
|
|
Arch Capital Group, Ltd., Series B,
7.875%
|
|
60,500
|
|
1,485,275
|
|
AXA SA, 6.379% (1)(2)
|
|
20,000
|
|
1,731,152
|
|
AXA SA, 6.463% (1)(2)
|
|
189,250
|
|
15,908,450
|
|
Endurance Specialty
Holdings, Ltd., 7.75%
|
|
317,500
|
|
7,496,175
|
|
ING Capital Funding Trust
III, 8.439% (1)
|
|
170,750
|
|
17,911,812
|
|
ING Group NV, 7.375%
|
|
340,000
|
|
8,398,000
|
|
PartnerRe, Ltd., 6.50%
|
|
25,000
|
|
519,250
|
|
Prudential PLC, 6.50%
|
|
214,000
|
|
19,101,704
|
|
RAM Holdings, Ltd., Series A,
7.50% (1)
|
|
13,000
|
|
8,129,875
|
|
RenaissanceRe Holdings,
Ltd., 6.08%
|
|
199,100
|
|
3,796,837
|
|
RenaissanceRe Holdings,
Ltd., 6.60%
|
|
400,500
|
|
8,378,460
|
|
Zurich Regcaps Fund Trust
I, 6.58% (1)(2)
|
|
6,000
|
|
5,805,000
|
|
Zurich Regcaps Fund Trust
VI, 3.63% (1)(2)
|
|
12,500
|
|
11,046,875
|
|
|
|
|
|
$
|
122,428,570
|
|
Oil, Gas & Consumable Fuels 0.6%
|
|
|
|
|
|
Kinder Morgan GP, Inc.,
8.33% (1)(2)
|
|
12,000
|
|
$
|
12,600,750
|
|
|
|
|
|
$
|
12,600,750
|
|
Real Estate Investment Trusts (REITs) 7.2%
|
|
|
|
|
|
AMB Property Corp., 6.75%
|
|
426,000
|
|
$
|
9,550,920
|
|
Colonial Properties Trust,
8.125%
|
|
577,000
|
|
13,807,610
|
|
Developers Diversified
Realty Corp., 7.375%
|
|
160,000
|
|
3,640,000
|
|
Developers Diversified
Realty Corp., 8.00%
|
|
250,000
|
|
6,097,500
|
|
Health Care, Inc.,
7.875%
|
|
170,100
|
|
4,184,460
|
|
ProLogis Trust, 6.75%
|
|
1,500,000
|
|
34,665,000
|
|
PS Business Parks, Inc.,
6.70%
|
|
400,000
|
|
8,400,000
|
|
PS Business Parks, Inc.,
7.95%
|
|
400,000
|
|
9,748,000
|
|
Public Storage, Inc.,
6.85%
|
|
1,000,000
|
|
23,312,500
|
|
Regency Centers Corp.,
7.45%
|
|
45,000
|
|
1,068,300
|
|
Vornado Realty Trust, 7.00%
|
|
1,600,000
|
|
36,950,080
|
|
|
|
|
|
$
|
151,424,370
|
|
Retail-Food and Drug 0.6%
|
|
|
|
|
|
CVS Caremark Corp., 6.302%
(1)
|
|
15,000,000
|
|
$
|
13,061,190
|
|
|
|
|
|
$
|
13,061,190
|
|
Thrifts & Mortgage Finance 0.0%
|
|
|
|
|
|
Indymac Bank FSB, 8.50% (2)
|
|
600,000
|
|
$
|
637,500
|
|
|
|
|
|
$
|
637,500
|
|
Total Preferred Stocks
(identified
cost $673,077,879)
|
|
|
|
$
|
602,903,207
|
|
|
|
|
|
|
|
Short-Term
Investments 3.3%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest
|
|
|
|
Description
|
|
(000s omitted)
|
|
Value
|
|
Investment in Cash Management Portfolio,
2.38% (3)
|
|
$
|
70,297
|
|
$
|
70,296,626
|
|
Total Short-Term Investments
(identified cost $70,296,626)
|
|
|
|
$
|
70,296,626
|
|
Total Investments 132.2%
(identified cost $2,047,162,748)
|
|
|
|
$
|
2,799,490,589
|
|
Other Assets, Less Liabilities (32.2)%
|
|
|
|
$
|
(682,000,055
|
)
|
Net Assets 100.0%
|
|
|
|
$
|
2,117,490,534
|
|
|
|
|
|
|
|
|
|
|