RCC Ready Capital Corporation

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
Advertising Agencies - 0.4% 2,700 DG FastChannel, Inc. (a) $ 69,228
 2,800 Greenfield Online, Inc. (a) 40,908
 5,100 inVentiv Health, Inc. (a) 157,896
 4,000 Marchex, Inc. Class B 43,440
 6,800 National CineMedia, Inc. 171,428
 7,800 Valassis Communications, Inc. (a) 91,182
 16,230 ValueClick, Inc. (a) 355,437
 -------------
 929,519
---------------------------------------------------------------------------------------------------------------
Aerospace - 0.7% 800 AeroVironment, Inc. (a) 19,360
 2,100 Argon ST, Inc. (a) 38,976
 7,200 Curtiss-Wright Corp. 361,440
 4,200 Heico Corp. 228,816
 2,500 Ladish Co., Inc. (a) 107,975
 1,500 MTC Technologies, Inc. (a) 35,250
 6,300 Moog, Inc. Class A (a) 288,603
 9,600 Orbital Sciences Corp. (a) 235,392
 5,700 Teledyne Technologies, Inc. (a) 303,981
 1,500 TransDigm Group, Inc. (a) 67,755
 -------------
 1,687,548
---------------------------------------------------------------------------------------------------------------
Agriculture, Fishing & 600 Alico, Inc. 21,900
Ranching - 0.1% 2,300 The Andersons, Inc. 103,040
 1,400 Cadiz, Inc. (a) 29,400
 -------------
 154,340
---------------------------------------------------------------------------------------------------------------
Air Transport - 0.7% 6,300 AAR Corp. (a)(c) 239,589
 9,600 ABX Holdings, Inc. (a) 40,128
 14,900 AirTran Holdings, Inc. (a) 106,684
 6,500 Alaska Air Group, Inc. (a) 162,565
 500 Allegiant Travel Co. (a) 16,070
 2,300 Atlas Air Worldwide Holdings, Inc. (a) 124,706
 3,400 Bristow Group, Inc. (a) 192,610
 8,600 ExpressJet Holdings, Inc. (a) 21,328
 28,700 JetBlue Airways Corp. (a) 169,330
 3,400 Midwest Air Group, Inc. (a) 50,320
 2,500 PHI, Inc. (a) 77,550
 2,300 Pinnacle Airlines Corp. (a) 35,075
 5,700 Republic Airways Holdings, Inc. (a) 111,663
 9,800 SkyWest, Inc. 263,130
 -------------
 1,610,748
---------------------------------------------------------------------------------------------------------------
Aluminum - 0.2% 4,710 Century Aluminum Co. (a) 254,057
 2,300 Kaiser Aluminum Corp. 182,804
 -------------
 436,861
---------------------------------------------------------------------------------------------------------------
Auto Parts: After Market - 0.1% 3,600 Aftermarket Technology Corp. (a) 98,136
 3,500 Commercial Vehicle Group, Inc. (a) 50,750
 1,600 Standard Motor Products, Inc. 13,056
 3,100 Superior Industries International, Inc. 56,327
 -------------
 218,269
---------------------------------------------------------------------------------------------------------------
Auto Parts: Original 6,600 American Axle & Manufacturing Holdings, Inc. 122,892
Equipment - 0.5% 3,000 Amerigon Inc. (a) 63,180
 11,500 ArvinMeritor, Inc. 134,895
 16,300 Hayes Lemmerz International, Inc. (a) 74,491
 12,370 Lear Corp. (a) 342,154
 2,550 Noble International Ltd. 41,591
 1,300 Sauer-Danfoss, Inc. 32,565
 1,300 Stoneridge, Inc. (a) 10,452
 7,500 Tenneco, Inc. (a) 195,525
 21,100 Visteon Corp. (a) 92,629
 -------------
 1,110,374
---------------------------------------------------------------------------------------------------------------

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
Auto, Trucks & Parts - 0.1% 3,300 Accuride Corp. (a) $ 25,938
 10,400 Force Protection, Inc. (a) 48,568
 1,500 Miller Industries, Inc. (a) 20,535
 5,200 Modine Manufacturing Co. 85,852
 4,500 Spartan Motors, Inc. 34,380
 5,200 Wabash National Corp. 39,988
 -------------
 255,261
---------------------------------------------------------------------------------------------------------------
Banks: New York City - 0.1% 4,700 Beneficial Mutual Bancorp, Inc. (a) 45,684
 4,800 Signature Bank (a) 162,000
 -------------
 207,684
---------------------------------------------------------------------------------------------------------------
Banks: Outside New York City 2,100 1st Source Corp. 36,351
- 4.8% 700 Abington Bancorp, Inc. 6,580
 2,600 Alabama National Bancorp. 202,306
 3,800 Amcore Financial, Inc. 86,260
 2,800 AmericanWest Bancorp 49,364
 2,200 Ameris Bancorp 37,070
 1,200 Bancfirst Corp. 51,420
 3,700 Banco Latinoamericano de Exportaciones, SA 'E' 60,347
 2,000 The Bancorp, Inc. (a) 26,920
 2,000 Bank of the Ozarks, Inc. 52,400
 3,800 BankFinancial Corp. 60,116
 2,100 Banner Corp. 60,333
 6,200 Boston Private Financial Holdings, Inc. 167,896
 10,842 CVB Financial Corp. 112,106
 2,100 Capital City Bank Group, Inc. 59,262
 1,600 Capital Corp. of the West 31,088
 2,300 Capitol Bancorp Ltd. 46,276
 4,400 Cascade Bancorp 61,248
 8,300 Cathay General Bancorp 219,867
 9,000 Centennial Bank Holdings, Inc. (a) 52,020
 2,100 Center Financial Corp. 25,872
 5,000 Central Pacific Financial Corp. 92,300
 4,000 Chemical Financial Corp. 95,160
 7,500 Chittenden Corp. 267,150
 12,100 Citizens Banking Corp. 175,571
 3,100 City Holding Co. 104,904
 2,100 CityBank 46,830
 800 Clifton Savings Bancorp, Inc. 7,840
 2,600 CoBiz Financial, Inc. 38,662
 2,700 Columbia Banking System, Inc. 80,271
 1,700 Community Bancorp (a) 29,529
 4,900 Community Bank System, Inc. 97,363
 2,600 Community Trust Bancorp, Inc. 71,578
 6,300 Corus Bankshares, Inc. 67,221
 1,700 Enterprise Financial Services Corp. 40,477
 13,700 First BanCorp 99,873
 1,600 First Bancorp 30,224
 3,600 First Busey Corp. 71,496
 5,500 First Charter Corp. 164,230
 12,000 First Commonwealth Financial Corp. 127,800
 3,929 First Community Bancorp, Inc. 162,032
 1,600 First Community Bancshares, Inc. 51,024
 5,400 First Financial Bancorp 61,560
 3,400 First Financial Bankshares, Inc. 128,010
 2,500 First Financial Corp. 70,850
 3,000 First Merchants Corp. 65,520
 7,800 First Midwest Bancorp, Inc. 238,680
 1,400 First Regional Bancorp (a) 26,446

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
 1,350 First South Bancorp, Inc. $ 29,957
 3,300 First State Bancorp. 45,870
 13,000 FirstMerit Corp. 260,130
 4,100 Franklin Bank Corp. (a) 17,671
 6,350 Frontier Financial Corp. 117,919
 8,550 Glacier Bancorp, Inc. 160,227
 1,400 Greene County Bancshares, Inc. 26,880
 4,400 Hancock Holding Co. 168,080
 6,800 Hanmi Financial Corp. 58,616
 5,103 Harleysville National Corp. 74,351
 2,100 Heartland Financial USA, Inc. 38,997
 1,900 Heritage Commerce Corp. 34,941
 1,391 Home Bancshares, Inc. 29,169
 2,600 Independent Bank Corp./MA 70,772
 4,005 Independent Bank Corp./MI 38,048
 3,400 Integra Bank Corp. 47,974
 8,326 International Bancshares Corp. 174,346
 8,300 Investors Bancorp, Inc. (a) 117,362
 3,600 Irwin Financial Corp. 26,460
 2,866 Lakeland Bancorp, Inc. 33,217
 2,000 Lakeland Financial Corp. 41,800
 5,477 MB Financial, Inc. 168,856
 2,477 Macatawa Bank Corp. 21,277
 3,080 MainSource Financial Group, Inc. 47,925
 2,900 Midwest Banc Holdings, Inc. 36,018
 5,500 NBT Bancorp, Inc. 125,510
 3,700 Nara Bancorp, Inc. 43,179
 7,951 National Penn Bancshares, Inc. 120,378
 2,200 Northfield Bancorp, Inc. (a) 23,804
 11,400 Old National Bancorp 170,544
 2,253 Old Second Bancorp, Inc. 60,358
 2,100 Omega Financial Corp. 61,446
 3,700 Oriental Financial Group 49,617
 7,900 Pacific Capital Bancorp 159,027
 2,000 Park National Corp. 129,000
 1,700 Peoples Bancorp, Inc. 42,313
 2,700 Pinnacle Financial Partners, Inc. (a) 68,634
 2,800 Piper Jaffray Cos. (a) 129,696
 1,450 Preferred Bank 37,729
 3,100 PrivateBancorp, Inc. 101,215
 5,800 Prosperity Bancshares, Inc. 170,462
 5,700 Provident Bankshares Corp. 121,923
 2,850 Renasant Corp. 61,474
 1,511 Republic Bancorp, Inc. Class A 24,977
 100 Royal Bancshares of Pennsylvania Class A 1,100
 4,000 S&T Bancorp, Inc. 110,560
 1,260 SCBT Financial Corp. 39,904
 5,500 SVB Financial Group (a) 277,200
 1,785 SY Bancorp, Inc. 42,733
 2,600 Sandy Spring Bancorp, Inc. 72,332
 200 Santander BanCorp 1,732
 2,400 Seacoast Banking Corp. of Florida 24,672
 2,500 Security Bank Corp. 22,850
 800 Sierra Bancorp 19,912
 2,300 Simmons First National Corp. Class A 60,950
 11,200 The South Financial Group, Inc. 175,056
 1,782 Southside Bancshares, Inc. 36,460
 2,500 Southwest Bancorp, Inc. 45,825

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
 12,100 Sterling Bancshares, Inc. $ 135,036
 4,500 Sterling Financial Corp. 73,890
 1,800 Suffolk Bancorp 55,278
 2,390 Sun Bancorp, Inc. (a) 37,714
 4,800 Superior Bancorp (a) 25,776
 13,174 Susquehanna Bancshares, Inc. 242,929
 900 Taylor Capital Group, Inc. 18,360
 4,100 Texas Capital Bancshares, Inc. (a) 74,825
 1,290 Tompkins Trustco, Inc. 50,052
 2,300 Trico Bancshares 44,390
 13,100 TrustCo Bank Corp. NY 129,952
 8,200 Trustmark Corp. 207,952
 16,300 UCBH Holdings, Inc. 230,808
 4,800 UMB Financial Corp. 184,128
 9,888 Umpqua Holdings Corp. 151,682
 2,150 Union Bankshares Corp. 45,451
 6,500 United Bankshares, Inc. 182,130
 6,000 United Community Banks, Inc. 94,800
 700 United Security Bancshares 10,696
 2,000 Univest Corp. of Pennsylvania 42,220
 2,970 Virginia Commerce Bancorp (a) 34,838
 2,300 Washington Trust Bancorp, Inc. 58,029
 3,900 WesBanco, Inc. 80,340
 2,600 West Coast Bancorp 48,100
 5,100 Westamerica Bancorp. 227,205
 2,300 Western Alliance Bancorp (a) 43,171
 2,700 Wilshire Bancorp, Inc. 21,195
 3,500 Wintrust Financial Corp. 115,955
 -------------
 11,204,040
---------------------------------------------------------------------------------------------------------------
Beverage: Brewers (Wineries) 1,600 Boston Beer Co., Inc. Class A (a) 60,240
- 0.0%
---------------------------------------------------------------------------------------------------------------
Beverage: Soft Drinks - 0.1% 800 Coca-Cola Bottling Co. Consolidated 47,104
 600 Farmer Bros. Co. 13,794
 2,700 Green Mountain Coffee Roasters, Inc. (a) 109,890
 5,100 Jones Soda Co. (a) 37,944
 1,680 National Beverage Corp. 13,507
 2,400 Peet's Coffee & Tea, Inc. (a) 69,768
 -------------
 292,007
---------------------------------------------------------------------------------------------------------------
Biotechnology Research & 2,790 AMAG Pharmaceuticals, Inc. (a) 167,763
Production - 2.5% 5,600 Acadia Pharmaceuticals, Inc. (a)(c) 61,992
 4,300 Acorda Therapeutics, Inc. (a) 94,428
 4,400 Albany Molecular Research, Inc. (a) 63,272
 5,900 Alexion Pharmaceuticals, Inc. (a) 442,677
 7,800 Allos Therapeutics, Inc. (a) 49,062
 5,900 Alnylam Pharmaceuticals, Inc. (a) 171,572
 2,200 Altus Pharmaceuticals, Inc. (a) 11,396
 7,900 American Oriental Bioengineering, Inc. (a) 87,532
 1,000 Amicus Therapeutics, Inc. (a) 10,750
 12,700 Applera Corp. - Celera Genomics Group (a) 201,549
 12,000 Arena Pharmaceuticals, Inc. (a) 93,960
 12,700 Ariad Pharmaceuticals, Inc. (a) 53,975
 5,000 Arqule, Inc. (a) 29,000
 6,900 Array Biopharma, Inc. (a) 58,098
 4,200 ArthroCare Corp. (a) 201,810
 500 Biodel, Inc. (a) 11,615
 4,300 Bionovo, Inc. (a) 7,353
 11,900 Cell Genesys, Inc. (a) 27,370
 9,300 Cubist Pharmaceuticals, Inc. (a)(c) 190,743
 6,400 Cypress Bioscience, Inc. (a) 70,656

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
 4,100 Cytokinetics, Inc. (a) $ 19,393
 16,700 Discovery Laboratories, Inc. (a) 35,905
 17,200 Encysive Pharmaceuticals, Inc. (a) 14,620
 7,600 Enzon Pharmaceuticals, Inc. (a) 72,428
 15,900 Exelixis, Inc. (a) 137,217
 15,200 GenVec, Inc. (a) 22,344
 1,800 Genomic Health, Inc. (a) 40,752
 11,900 Geron Corp. (a) 67,592
 9,300 Halozyme Therapeutics, Inc. (a) 66,123
 21,900 Human Genome Sciences, Inc. (a) 228,636
 4,100 Idenix Pharmaceuticals, Inc. (a) 11,070
 12,400 Immunomedics, Inc. (a) 28,768
 14,200 Incyte Corp. (a) 142,710
 2,900 Integra LifeSciences Holdings Corp. (a) 121,597
 4,600 InterMune, Inc. (a) 61,318
 2,200 Kendle International, Inc. (a) 107,624
 2,200 Kensey Nash Corp. (a) 65,824
 7,100 Keryx Biopharmaceuticals, Inc. (a) 59,640
 4,900 Kosan Biosciences, Inc. (a) 17,640
 8,500 MannKind Corp. (a) 67,660
 4,900 Martek Biosciences Corp. (a) 144,942
 4,000 Maxygen, Inc. (a) 32,120
 3,900 Medivation, Inc. 56,160
 2,000 Metabolix, Inc. (a) 47,600
 3,800 Momenta Pharmaceuticals, Inc. (a) 27,132
 6,900 Myriad Genetics, Inc. (a) 320,298
 9,900 Nabi Biopharmaceuticals (a) 35,739
 600 Nanosphere, Inc. (a) 8,394
 5,200 Nastech Pharmaceutical Co., Inc. (a) 19,760
 6,600 Neurocrine Biosciences, Inc. (a) 29,964
 3,000 Neurogen Corp. (a) 10,350
 2,500 Novacea, Inc. (a) 7,450
 9,500 OSI Pharmaceuticals, Inc. (a) 460,845
 2,400 Omrix Biopharmaceuticals, Inc. (a) 83,376
 700 Orexigen Therapeutics, Inc. (a) 9,975
 2,800 Osiris Therapeutics, Inc. (a) 33,656
 2,800 PharmaNet Development Group, Inc. (a) 109,788
 5,200 Poniard Pharmaceuticals, Inc. (a) 22,932
 3,900 Progenics Pharmaceuticals, Inc. (a) 70,473
 1,860 Protalix BioTherapeutics, Inc. (a) 6,324
 3,800 Regeneration Technologies, Inc. (a) 32,984
 4,500 Rigel Pharmaceuticals, Inc. (a) 114,255
 8,204 Savient Pharmaceuticals, Inc. (a) 188,446
 7,100 Seattle Genetics, Inc. (a) 80,940
 300 Sucampo Pharmaceuticals, Inc. Class A (a) 5,502
 1,200 Synta Pharmaceuticals Corp. (a) 8,040
 9,200 Telik, Inc. (a) 31,924
 4,300 Tercica, Inc. (a) 29,154
 5,100 Vanda Pharmaceuticals, Inc. (a) 35,088
 11,400 ViroPharma, Inc. (a) 90,516
 19,000 XOMA Ltd. (a) 64,410
 6,300 ZymoGenetics, Inc. (a) 73,521
 -------------
 5,787,492
---------------------------------------------------------------------------------------------------------------
Building Materials - 0.5% 1,500 Ameron International Corp. 138,225
 1,900 BlueLinx Holdings, Inc. 7,467
 4,600 Building Material Holding Corp. 25,438
 3,000 LSI Industries, Inc. 54,600
 3,300 NCI Building Systems, Inc. (a) 95,007

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
 200 PGT, Inc. (a) $ 952
 6,000 Simpson Manufacturing Co., Inc. 159,540
 4,390 Texas Industries, Inc. 307,739
 2,100 Trex Co., Inc. (a) 17,871
 3,700 Watsco, Inc. 136,012
 3,800 Zoltek Cos., Inc. (a) 162,906
 -------------
 1,105,757
---------------------------------------------------------------------------------------------------------------
Building: Cement - 0.0% 5,500 U.S. Concrete, Inc. (a) 18,315
---------------------------------------------------------------------------------------------------------------
Building: Heating & Plumbing 1,800 Aaon, Inc. (c) 35,676
- 0.1% 4,500 Interline Brands, Inc. (a) 98,595
 -------------
 134,271
---------------------------------------------------------------------------------------------------------------
Building: Miscellaneous - 0.2% 2,500 Builders FirstSource, Inc. (a) 18,050
 7,100 Comfort Systems USA, Inc. 90,738
 3,000 Drew Industries, Inc. (a) 82,200
 5,600 Goodman Global, Inc. (a) 137,424
 5,100 Griffon Corp. (a) 63,495
 -------------
 391,907
---------------------------------------------------------------------------------------------------------------
Building: Roofing & Wallboard 7,700 Beacon Roofing Supply, Inc. (a) 64,834
- 0.0%
---------------------------------------------------------------------------------------------------------------
Cable Television Services - 0.1% 71,400 Charter Communications, Inc. Class A (a) 83,538
 4,100 Crown Media Holdings, Inc. Class A (a) 26,650
 15,900 TiVo, Inc. (a) 132,606
 -------------
 242,794
---------------------------------------------------------------------------------------------------------------
Casinos & Gambling - 0.6% 4,300 Ameristar Casinos, Inc. 118,422
 8,700 Bally Technologies, Inc. (a) 432,564
 1,300 Churchill Downs, Inc. 70,161
 2,550 Dover Downs Gaming & Entertainment, Inc. 28,687
 2,600 Isle of Capri Casinos, Inc. (a) 35,802
 3,500 Lakes Entertainment, Inc. (a) 24,255
 4,000 MTR Gaming Group, Inc. (a) 27,160
 8,500 Magna Entertainment Corp. Class A (a) 8,245
 1,600 Monarch Casino & Resort, Inc. (a) 38,528
 4,600 Multimedia Games, Inc. (a) 38,364
 9,740 Pinnacle Entertainment, Inc. (a) 229,474
 1,700 Riviera Holdings Corp. (a) 52,360
 5,700 Shuffle Master, Inc. (a) 68,343
 5,100 Trump Entertainment Resorts, Inc. (a) 21,930
 6,550 WMS Industries, Inc. (a) 239,992
 -------------
 1,434,287
---------------------------------------------------------------------------------------------------------------
Chemicals - 1.8% 3,000 American Vanguard Corp. 52,050
 3,800 Arch Chemicals, Inc. 139,650
 2,900 Balchem Corp. 64,902
 8,900 CF Industries Holdings, Inc. 979,534
 3,500 Cabot Microelectronics Corp. (a) 125,685
 5,900 Calgon Carbon Corp. (a) 93,751
 4,700 Cambrex Corp. 39,386
 3,000 EnerSys (a) 74,880
 6,100 Energy Conversion Devices, Inc. (a) 205,265
 11,100 Exide Technologies (a) 88,800
 5,600 Georgia Gulf Corp. 37,072
 19,300 Hercules, Inc. 373,455
 2,700 Innophos Holdings, Inc. 40,176
 4,000 Innospec, Inc. 68,640
 2,800 LSB Industries, Inc. (a) 79,016
 2,800 Landec Corp. (a) 37,520
 3,600 Medis Technologies Ltd. (a) 55,548
 1,300 NL Industries, Inc. 14,859
 2,100 NewMarket Corp. 116,949

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
 2,500 Nuco2, Inc. (a) $ 62,250
 4,600 OM Group, Inc. (a) 264,684
 15,100 PolyOne Corp. (a) 99,358
 1,900 Polypore International, Inc. (a) 33,250
 5,700 Rockwood Holdings, Inc. (a) 189,354
 4,800 Schulman A, Inc. 103,440
 5,800 Senomyx, Inc. (a) 43,442
 4,000 ShengdaTech, Inc. (a) 57,800
 1,000 Stepan Co. 32,530
 5,000 Tronox, Inc. Class A 44,500
 2,300 Tronox, Inc. Class B 19,895
 8,400 UAP Holding Corp. 324,240
 11,500 W.R. Grace & Co. (a) 301,070
 3,750 Zep, Inc. (a) 52,013
 -------------
 4,314,964
---------------------------------------------------------------------------------------------------------------
Coal - 0.2% 10,200 Alpha Natural Resources, Inc. (a) 331,296
 19,800 International Coal Group, Inc. (a) 106,128
 1,500 US BioEnergy Corp. (a) 17,565
 -------------
 454,989
---------------------------------------------------------------------------------------------------------------
Commercial Information 4,300 Arbitron, Inc. 178,751
Services - 0.1% 900 HSW International, Inc. (a) 5,607
 5,300 infoUSA, Inc. 47,329
 4,300 LECG Corp. (a) 64,758
 3,800 LoopNet, Inc. (a) 53,390
 -------------
 349,835
---------------------------------------------------------------------------------------------------------------
Communications & Media - 0.1% 11,300 Entravision Communications Corp. Class A (a) 88,479
 40,800 Gemstar-TV Guide International, Inc. (a) 194,208
 3,600 Knology, Inc. (a) 46,008
 -------------
 328,695
---------------------------------------------------------------------------------------------------------------
Communications Technology - 2.4% 63,300 3Com Corp. (a) 286,116
 2,900 Acme Packet, Inc. (a) 36,511
 9,500 Adtran, Inc. 203,110
 3,000 Anaren, Inc. (a) 49,470
 5,000 Anixter International, Inc. (a)(c) 311,350
 800 Aruba Networks, Inc. (a) 11,928
 9,000 Atheros Communications, Inc. (a) 274,860
 28,800 Avanex Corp. (a) 28,800
 8,180 Avocent Corp. (a) 190,676
 1,800 Bel Fuse, Inc. 52,686
 1,000 BigBand Networks, Inc. (a) 5,140
 3,000 Black Box Corp. 108,510
 600 CPI International, Inc. (a) 10,260
 6,500 CSG Systems International, Inc. (a) 95,680
 3,100 Cbeyond Communications, Inc. (a) 120,869
 8,200 Cogent Communications Group, Inc. (a)(c) 194,422
 2,800 Comtech Group, Inc. (a) 45,108
 3,500 Comtech Telecommunications Corp. (a) 189,035
 4,100 Digi International, Inc. (a) 58,179
 5,400 Ditech Networks, Inc. (a) 18,738
 2,400 EMS Technologies, Inc. (a) 72,576
 5,100 Echelon Corp. (a) 105,264
 20,500 Extreme Networks, Inc. (a) 72,570
 39,900 Finisar Corp. (a) 57,855
 23,500 Foundry Networks, Inc. (a) 411,720
 2,600 GeoEye, Inc. (a) 87,490
 14,200 Harmonic, Inc. (a) 148,816
 4,100 Harris Stratex Networks, Inc. Class A (a) 68,470

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
 800 Hughes Communications, Inc. (a) $ 43,688
 2,100 Infinera Corp. (a) 31,164
 7,600 InterDigital, Inc. (a) 177,308
 6,700 InterVoice, Inc. (a) 53,533
 7,100 Ixia (a) 67,308
 8,000 j2 Global Communications, Inc. (a) 169,360
 1,900 Loral Space & Communications Ltd. (a) 65,075
 5,600 NETGEAR, Inc. (a) 199,752
 3,400 Network Equipment Technologies, Inc. (a) 28,628
 3,400 Nextwave Wireless, Inc. (a) 18,292
 5,600 Novatel Wireless, Inc. (a) 90,720
 3,428 Oplink Communications, Inc. (a) 52,620
 2,900 Optium Corp. (a) 22,852
 3,800 SeaChange International, Inc. (a) 27,474
 7,750 Secure Computing Corp. (a) 74,400
 900 Shoretel, Inc. (a) 12,573
 42,900 Sonus Networks, Inc. (a) 250,107
 3,900 Standard Microsystems Corp. (a) 152,373
 1,700 Starent Networks Corp. (a) 31,025
 2,600 Switch and Data Facilities Co., Inc. (a) 41,652
 29,700 Sycamore Networks, Inc. (a) 114,048
 4,100 Syniverse Holdings, Inc. (a) 63,878
 30,800 TIBCO Software, Inc. (a) 248,556
 10,100 Tekelec (a) 126,250
 7,800 Terremark Worldwide, Inc. (a) 50,700
 17,300 UTStarcom, Inc. (a) 47,575
 3,900 Viasat, Inc. (a) 134,277
 6,700 Vonage Holdings Corp. (a) 15,410
 -------------
 5,726,807
---------------------------------------------------------------------------------------------------------------
Computer Services Software & 600 3PAR, Inc. (a) 7,680
Systems - 5.5% 6,000 ACI Worldwide, Inc. (a)(c) 114,240
 9,900 Actuate Corp. (a) 76,923
 4,600 American Reprographics Co. (a) 75,808
 2,800 Ansoft Corp. (a) 72,380
 12,600 Ansys, Inc. (a) 522,396
 13,000 Ariba, Inc. (a) 144,950
 20,800 Art Technology Group, Inc. (a) 89,856
 4,400 AsiaInfo Holdings, Inc. (a) 48,400
 13,740 Aspen Technology, Inc. (a) 222,863
 34,000 BearingPoint, Inc. (a) 96,220
 7,200 Blackbaud, Inc. 201,888
 4,800 Blackboard, Inc. (a) 193,200
 600 BladeLogic, Inc. (a) 17,742
 5,000 Blue Coat Systems, Inc. (a) 164,350
 13,600 Borland Software Corp. (a) 40,936
 3,500 Bottomline Technologies, Inc. (a) 49,000
 5,000 CACI International, Inc. Class A (a) 223,850
 8,100 CMGI, Inc. (a) 106,029
 2,900 COMSYS IT Partners, Inc. (a) 45,762
 5,360 Chordiant Software, Inc. (a) 45,828
 9,500 Ciber, Inc. (a) 58,045
 1,200 ComScore, Inc. (a) 39,156
 6,200 Commvault Systems, Inc. (a) 131,316
 500 Compellent Technologies, Inc. (a) 6,015
 700 Comverge, Inc. (a) 22,043
 6,600 Concur Technologies, Inc. (a) 238,986
 800 Constant Contact, Inc. (a) 17,200
 5,400 DealerTrack Holdings, Inc. (a) 180,738

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
 800 Delrek, Inc. (a) $ 12,184
 6,700 Digital River, Inc. (a) 221,569
 3,200 DivX, Inc. (a) 44,800
 1,700 Double-Take Software, Inc. (a) 36,924
 4,400 EPIQ Systems, Inc. (a) 76,604
 9,200 Electronics for Imaging, Inc. (a) 206,816
 9,600 Epicor Software Corp. (a) 113,088
 5,800 Equinix, Inc. (a) 586,206
 11,200 Gartner, Inc. Class A (a) 196,672
 2,300 i2 Technologies, Inc. (a) 28,980
 2,600 iGate Corp. (a) 22,022
 2,600 Imergent, Inc. 27,534
 14,600 Informatica Corp. (a) 263,092
 3,700 Information Services Group, Inc. (a) 25,345
 1,621 Integral Systems, Inc. 37,704
 1,800 Interactive Intelligence, Inc. (a) 47,430
 6,300 Internet Capital Group, Inc. (a) 73,962
 7,500 Interwoven, Inc. (a) 106,650
 4,500 JDA Software Group, Inc. (a) 92,070
 4,400 Kenexa Corp. (a) 85,448
 1,700 Keynote Systems, Inc. (a) 23,885
 20,900 Lawson Software, Inc. (a) 214,016
 2,000 Limelight Networks, Inc. (a) 13,780
 9,800 Lionbridge Technologies, Inc. (a) 34,790
 7,800 LivePerson, Inc. (a) 41,574
 6,200 MSC.Software Corp. (a) 80,538
 8,600 Macrovision Corp. (a) 157,638
 6,100 Magma Design Automation, Inc. (a) 74,481
 4,500 Manhattan Associates, Inc. (a) 118,620
 3,100 Mantech International Corp. Class A (a) 135,842
 13,900 Mentor Graphics Corp. (a) 149,842
 2,500 Mercadolibre, Inc. (a) 184,700
 3,700 Mercury Computer Systems, Inc. (a) 59,607
 1,600 MicroStrategy, Inc. Class A (a) 152,160
 6,600 Micros Systems, Inc. (a) 463,056
 1,200 Monotype Imaging Holdings, Inc. (a) 18,204
 5,200 Ness Technologies, Inc. (a) 47,996
 1,100 Netezza Corp. (a) 15,180
 23,500 Nuance Communications, Inc. (a) 438,980
 5,400 Omniture, Inc. (a) 179,766
 23,600 On2 Technologies, Inc. (a) 24,072
 9,700 OpenTV Corp. (a) 12,804
 13,500 Openwave Systems, Inc. 35,100
 3,500 PDF Solutions, Inc. (a) 31,535
 800 PROS Holdings, Inc. (a) 15,696
 6,100 Packeteer, Inc. (a) 37,576
 19,020 Parametric Technology Corp. (a) 339,507
 1,300 Pegasystems, Inc. 15,509
 6,900 Progress Software Corp. (a) 232,392
 1,200 QAD, Inc. 11,208
 11,100 Quest Software, Inc. (a) 204,684
 16,600 RealNetworks, Inc. (a) 101,094
 2,700 RightNow Technologies, Inc. (a) 42,795
 26,140 SAIC, Inc. (a) 525,937
 4,450 SAVVIS, Inc. (a) 124,021
 2,100 SI International, Inc. (a) 57,687
 3,000 SPSS, Inc. (a) 107,730
 6,700 SRA International, Inc. Class A (a) 197,315
 5,100 SYKES Enterprises, Inc. (a) 91,800

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
 2,000 SYNNEX Corp. (a) $ 39,200
 14,200 Sapient Corp. (a) 125,102
 4,600 Sigma Designs, Inc. (a) 253,920
 5,600 Smith Micro Software, Inc. (a) 47,432
 3,800 Solera Holdings, Inc. (a) 94,164
 10,500 SonicWALL, Inc. (a) 112,560
 200 Sourcefire, Inc. (a) 1,668
 14,000 Sourceforge, Inc. (a) 34,300
 1,000 Stanley, Inc. (a) 32,020
 900 SuccessFactors, Inc. (a) 10,638
 14,700 Sybase, Inc. (a) 383,523
 2,800 Synchronoss Technologies, Inc. (a) 99,232
 1,800 Syntel, Inc. 69,336
 2,700 Taleo Corp. Class A (a) 80,406
 700 TechTarget, Inc. (a) 10,346
 7,400 The TriZetto Group, Inc. (a) 128,538
 6,900 Tyler Technologies, Inc. (a) 88,941
 4,200 Ultimate Software Group, Inc. (a) 132,174
 800 Unica Corp. (a) 7,400
 4,500 VASCO Data Security International, Inc. (a) 125,640
 4,900 Vignette Corp. (a) 71,589
 200 Virtusa Corp. (a) 3,466
 3,700 Visual Sciences, Inc. (a) 68,376
 7,600 Websense, Inc. (a) 129,048
 12,700 Wind River Systems, Inc. (a) 113,411
 8,100 Zoran Corp. (a) 182,331
 -------------
 12,816,778
---------------------------------------------------------------------------------------------------------------
Computer Technology - 0.8% 19,500 Adaptec, Inc. (a) 65,910
 6,200 Advanced Analogic Technologies, Inc. (a) 69,936
 6,600 Cray, Inc. (a) 39,534
 1,100 Data Domain, Inc. (a) 28,974
 13,800 Emulex Corp. (a) 225,216
 5,900 FalconStor Software, Inc. (a) 66,434
 3,800 Hutchinson Technology, Inc. (a) 100,016
 5,700 Imation Corp. 119,700
 5,400 Immersion Corp. (a) 69,930
 9,300 Intermec, Inc. (a) 188,883
 300 Isilon Systems, Inc. (a) 1,524
 15,500 Palm, Inc. 98,270
 14,100 Perot Systems Corp. Class A (a) 190,350
 31,900 Quantum Corp. (a) 85,811
 4,900 Rackable Systems, Inc. (a) 49,000
 4,400 Radiant Systems, Inc. (a) 75,812
 3,700 Radisys Corp. (a) 49,580
 2,000 Rimage Corp. (a) 51,900
 6,000 STEC, Inc. (a) 52,440
 19,700 Safeguard Scientifics, Inc. (a) 35,460
 600 Silicon Graphics, Inc. (a) 10,968
 3,600 Stratasys, Inc. (a) 93,024
 3,900 Synaptics, Inc. (a) 160,524
 10,000 Trident Microsystems, Inc. (a) 65,600
 -------------
 1,994,796
---------------------------------------------------------------------------------------------------------------
Construction - 0.3% 2,163 Brookfield Homes Corp. 34,175
 10,300 EMCOR Group, Inc. (a) 243,389
 5,800 Granite Construction, Inc. 209,844
 2,800 Great Lakes Dredge & Dock Corp. 24,416

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
 4,100 Perini Corp. (a) $ 169,822
 -------------
 681,646
---------------------------------------------------------------------------------------------------------------
Consumer Electronics - 0.8% 24,600 CNET Networks, Inc. (a) 224,844
 3,000 DTS, Inc. (a) 76,710
 20,100 EarthLink, Inc. (a) 142,107
 100 Glu Mobile, Inc. (a) 522
 5,500 InfoSpace, Inc. 103,400
 7,010 Internap Network Services Corp. (a) 58,393
 8,200 Ipass, Inc. (a) 33,292
 3,100 LoJack Corp. (a) 52,111
 6,300 Midway Games, Inc. (a) 17,388
 6,400 NIC, Inc. 54,016
 7,600 NetFlix, Inc. (a) 202,312
 300 Protection One, Inc. (a) 3,567
 4,500 Sohu.com, Inc. (a) 245,340
 10,300 THQ, Inc. (a) 290,357
 11,100 Take-Two Interactive Software, Inc. (a) 204,795
 10,900 United Online, Inc. 128,838
 2,300 Universal Electronics, Inc. (a) 76,912
 -------------
 1,914,904
---------------------------------------------------------------------------------------------------------------
Consumer Products - 0.5% 8,300 American Greetings Corp. Class A 168,490
 4,400 Blyth, Inc. 96,536
 1,300 CSS Industries, Inc. 47,710
 2,700 Citi Trends, Inc. (a) 41,688
 2,700 Mannatech, Inc. 17,064
 5,100 Matthews International Corp. Class A 239,037
 5,000 Nautilus, Inc. 24,250
 3,400 RC2 Corp. (a) 95,438
 6,100 Smith & Wesson Holding Corp. (a) 37,210
 6,400 Spectrum Brands, Inc. (a) 34,112
 10,100 Tupperware Corp. 333,603
 1,600 USANA Health Sciences, Inc. (a) 59,328
 -------------
 1,194,466
---------------------------------------------------------------------------------------------------------------
Containers & Packaging: Metals 11,200 AptarGroup, Inc. 458,192
& Glass - 0.5% 5,200 Greif, Inc. 339,924
 6,200 Mobile Mini, Inc. (a) 114,948
 4,000 Silgan Holdings, Inc. 207,760
 -------------
 1,120,824
---------------------------------------------------------------------------------------------------------------
Containers & Packaging: Paper 1,000 AEP Industries, Inc. (a) 32,010
& Plastic - 0.1% 11,200 Graphic Packaging Corp. (a) 41,328
 4,700 Myers Industries, Inc. 68,009
 -------------
 141,347
---------------------------------------------------------------------------------------------------------------
Copper - 0.1% 6,200 Mueller Industries, Inc. 179,738
---------------------------------------------------------------------------------------------------------------
Cosmetics - 0.2% 4,400 Elizabeth Arden, Inc. (a) 89,540
 4,600 Helen of Troy Ltd. (a) 78,844
 1,000 Inter Parfums, Inc. 17,970
 8,700 Nu Skin Enterprises, Inc. Class A 142,941
 31,991 Revlon, Inc. Class A (a) 37,749
 1,600 Ulta Salon Cosmetics & Fragrance, Inc. (a) 27,440
 -------------
 394,484
---------------------------------------------------------------------------------------------------------------
Diversified Financial Services 100 ACA Capital Holdings, Inc. (a) 85
- 0.6% 7,800 Aldabra 2 Acquisition Corp. (a) 75,972
 800 Clayton Holdings, Inc. (a) 4,136
 1,100 Duff & Phelps Corp. (a) 21,648
 7,500 Euronet Worldwide, Inc. (a) 225,000
 1,800 Evercore Partners, Inc. Class A 38,790

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
 1,400 Jazz Pharmaceuticals, Inc. (a) $ 20,580
 5,800 K-V Pharmaceutical Co. Class A (a) 165,532
 12,300 Ligand Pharmaceuticals, Inc. Class B 59,409
 500 MAP Pharmaceuticals, Inc. (a) 8,755
 13,000 MGI Pharma, Inc. (a) 526,890
 20,500 Medarex, Inc. (a) 213,610
 8,400 Medicines Co. (a) 160,944
 8,500 Medicis Pharmaceutical Corp. Class A 220,745
 14,900 Nektar Therapeutics (a) 99,979
 4,200 Noven Pharmaceuticals, Inc. (a) 58,296
 500 Obagi Medical Products, Inc. (a) 9,145
 8,920 Onyx Pharmaceuticals, Inc. (a) 496,130
 6,200 Pain Therapeutics, Inc. (a) 65,720
 5,700 Par Pharmaceutical Cos., Inc. (a) 136,800
 4,800 Penwest Pharmaceuticals Co. (a) 28,080
 12,600 Perrigo Co. 441,126
 4,200 Pharmion Corp. (a) 264,012
 4,300 Pozen, Inc. (a) 51,600
 4,700 Quidel Corp. (a) 91,509
 9,900 Regeneron Pharmaceuticals, Inc. (a) 239,085
 8,200 Salix Pharmaceuticals Ltd. (a) 64,616
 11,200 Santarus, Inc. (a) 30,800
 5,500 Sciele Pharma, Inc. (a) 112,475
 1,500 Sirtris Pharmaceuticals, Inc. (a) 20,535
 2,900 Somaxon Pharmaceuticals, Inc. (a) 15,109
 8,700 SuperGen, Inc. (a) 31,755
 700 Trubion Pharmaceuticals, Inc. (a) 7,000
 3,400 United Therapeutics Corp. (a) 332,010
 15,500 Valeant Pharmaceuticals International (a) 185,535
 8,000 Vivus, Inc. (a) 41,440
 3,300 Xenoport, Inc. (a) 184,404
 -------------
 6,982,026
---------------------------------------------------------------------------------------------------------------
Education Services - 0.6% 600 American Public Education, Inc. (a) 25,068
 4,300 Bright Horizons Family Solutions, Inc. (a) 148,522
 1,600 Capella Education Co. (a) 104,736
 14,500 Corinthian Colleges, Inc. (a)(c) 223,300
 9,800 DeVry, Inc. 509,208
 100 Lincoln Educational Services Corp. (a) 1,472
 1,200 Renaissance Learning, Inc. 16,800
 2,400 Strayer Education, Inc. 409,392
 3,800 Universal Technical Institute, Inc. (a) 64,600
 -------------
 1,503,098
---------------------------------------------------------------------------------------------------------------
Electrical & Electronics - 0.3% 11,300 Benchmark Electronics, Inc. (a) 200,349
 1,700 Coleman Cable, Inc. (a) 16,065
 2,600 OSI Systems, Inc. (a) 68,822
 7,500 Plexus Corp. (a) 196,950
 7,300 TTM Technologies, Inc. (a) 85,118
 4,000 Universal Display Corp. (a) 82,680
 -------------
 649,984
---------------------------------------------------------------------------------------------------------------
Electrical Equipment & 3,300 A.O. Smith Corp. 115,665
Components - 1.0% 1,600 AZZ Inc. (a) 45,360
 6,200 American Superconductor Corp. (a) 169,508
 7,470 Baldor Electric Co. 251,440
 5,800 CTS Corp. 57,594
 4,000 Cohu, Inc. 61,200
 3,100 Franklin Electric Co., Inc. 118,637
 4,500 Genlyte Group, Inc. (a) 428,400
 3,900 Littelfuse, Inc. (a) 128,544

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
 7,600 MKS Instruments, Inc. (a) $ 145,464
 1,300 Powell Industries, Inc. (a) 57,291
 12,200 Power-One, Inc. (a) 48,678
 4,300 Sonic Solutions, Inc. (a) 44,677
 10,500 Taser International, Inc. (a) 150,570
 6,600 Technitrol, Inc. 188,628
 2,500 Triumph Group, Inc. 205,875
 -------------
 2,217,531
---------------------------------------------------------------------------------------------------------------
Electrical: Household 800 National Presto Industries, Inc. 42,128
Appliance - 0.0%
---------------------------------------------------------------------------------------------------------------
Electronics - 0.7% 4,000 Agilysys, Inc. 60,480
 7,300 Arrowhead Research Corp. (a) 27,594
 6,700 Avid Technology, Inc. (a) 189,878
 5,200 Daktronics, Inc. 117,364
 21,600 Flir Systems, Inc. (a) 676,080
 3,900 II-VI, Inc. (a) 119,145
 22,300 MRV Communications, Inc. (a) 51,736
 6,400 Methode Electronics, Inc. 105,216
 1,400 Multi-Fineline Electronix, Inc. (a) 24,276
 3,500 Park Electrochemical Corp. 98,840
 9,400 Semtech Corp. (a) 145,888
 2,100 Supertex, Inc. (a) 65,709
 -------------
 1,682,206
---------------------------------------------------------------------------------------------------------------
Electronics: Instruments, 2,400 Faro Technologies, Inc. (a) 65,232
Gauges & Meters - 0.3% 4,890 Itron, Inc. (a) 469,293
 2,700 Measurement Specialties, Inc. (a) 59,670
 700 OYO Geospace Corp. (a) 52,752
 2,700 Zygo Corp. (a) 33,642
 -------------
 680,589
---------------------------------------------------------------------------------------------------------------
Electronics: Medical Systems 2,100 Accuray, Inc. (a) 31,962
- 1.6% 10,600 Affymetrix, Inc. (a)(c) 245,284
 2,000 Analogic Corp. 135,440
 2,700 Aspect Medical Systems, Inc. (a) 37,800
 9,800 Bruker BioSciences Corp. (a) 130,340
 1,600 Cynosure, Inc. Class A (a) 42,336
 2,300 Datascope Corp. 83,720
 7,000 eResearch Technology, Inc. (a) 82,740
 3,600 Greatbatch, Inc. (a) 71,964
 4,300 Haemonetics Corp. (a) 270,986
 19,480 Hologic, Inc. (a) 1,337,107
 8,707 Illumina, Inc. (a) 515,977
 5,600 Luminex Corp. (a) 90,944
 2,000 Masimo Corp. (a) 78,900
 9,700 Minrad International, Inc. (a) 31,525
 4,000 Natus Medical, Inc. (a) 77,400
 3,300 NxStage Medical, Inc. (a) 50,061
 2,800 Quality Systems, Inc. 85,372
 2,900 Sirona Dental Systems, Inc. (a) 97,092
 1,500 Tomotherapy, Inc. (a) 29,340
 2,300 Visicu, Inc. (a) 27,301
 3,400 Zoll Medical Corp. (a) 90,848
 -------------
 3,644,439
---------------------------------------------------------------------------------------------------------------
Electronics: Semi-Conductors/ 9,700 AMIS Holdings, Inc. (a) 97,194
Components - 1.9% 4,500 Actel Corp. (a) 61,470
 17,000 Amkor Technology, Inc. (a) 145,010
 9,600 Anadigics, Inc. (a) 111,072
 11,675 Applied Micro Circuits Corp. (a) 102,040

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
 700 AuthenTec, Inc. (a) $ 10,171
 700 Cavium Networks, Inc. (a) 16,114
 14,400 Cirrus Logic, Inc. (a) 76,032
 79,800 Conexant Systems, Inc. (a) 66,234
 5,300 DSP Group, Inc. (a) 64,660
 4,800 Diodes, Inc. (a) 144,336
 5,900 Exar Corp. (a) 47,023
 2,300 Excel Technology, Inc. (a) 62,330
 7,800 Formfactor, Inc. (a) 258,180
 6,200 Genesis Microchip, Inc. (a) 53,134
 2,400 Hittite Microwave Corp. (a) 114,624
 1,100 IPG Photonics Corp. (a) 21,989
 4,200 IXYS Corp. (a) 33,684
 19,900 Lattice Semiconductor Corp. (a) 64,675
 7,100 MIPS Technologies, Inc. (a) 35,216
 9,000 Micrel, Inc. 76,050
 12,400 Microsemi Corp. (a) 274,536
 8,700 Microtune, Inc. (a) 56,811
 3,600 Monolithic Power Systems, Inc. (a) 77,292
 2,800 Netlogic Microsystems, Inc. (a) 90,160
 37,900 ON Semiconductor Corp. (a) 336,552
 8,300 Omnivision Technologies, Inc. (a) 129,895
 4,400 PLX Technology, Inc. (a) 40,920
 32,900 PMC-Sierra, Inc. (a) 215,166
 4,200 Pericom Semiconductor Corp. (a) 78,540
 41,037 RF Micro Devices, Inc. (a) 234,321
 700 Rubicon Technology, Inc. (a) 16,625
 9,800 SiRF Technology Holdings, Inc. (a) 246,274
 14,300 Silicon Image, Inc. (a) 64,636
 15,400 Silicon Storage Technology, Inc. (a) 46,046
 24,800 Skyworks Solutions, Inc. (a) 210,800
 13,000 Spansion LLC Class A (a) 51,090
 11,800 Syntax-Brillian Corp. (a) 36,344
 3,100 Techwell, Inc. (a) 34,131
 7,800 Tessera Technologies, Inc. (a) 324,480
 23,700 TriQuint Semiconductor, Inc. (a) 157,131
 3,300 Volterra Semiconductor Corp. (a) 36,399
 -------------
 4,419,387
---------------------------------------------------------------------------------------------------------------
Electronics: Technology - 0.5% 2,300 3D Systems Corp. (a) 35,512
 4,600 Acacia Research - Acacia Technologies (a)(c) 41,308
 1,500 American Science & Engineering, Inc. 85,125
 6,700 Checkpoint Systems, Inc. (a) 174,066
 7,100 Cogent, Inc. (a) 79,165
 2,500 Cubic Corp. 98,000
 1,300 Eagle Test Systems, Inc. (a) 16,614
 3,300 Gerber Scientific, Inc. (a) 35,640
 12,600 ION Geophysical Corp. (a) 198,828
 2,100 Innovative Solutions & Support, Inc. (a) 20,349
 5,200 Ionatron, Inc. (a) 14,872
 13,500 Kemet Corp. (a) 89,505
 4,200 ScanSource, Inc. (a) 135,870
 7,300 Smart Modular Technologies WWH, Inc. (a) 74,314
 500 Super Micro Computer, Inc. (a) 3,835
 -------------
 1,103,003
---------------------------------------------------------------------------------------------------------------
Energy Miscellaneous - 0.7% 2,100 Alon USA Energy, Inc. 57,078
 600 Approach Resources, Inc. (a) 7,716
 4,930 Aventine Renewable Energy Holdings, Inc. (a) 62,907
 2,800 CVR Energy, Inc. (a) 69,832

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
 2,100 Clean Energy Fuels Corp. (a) $ 31,794
 3,200 Concho Resources, Inc. (a) 65,952
 5,600 Crosstex Energy, Inc. 208,544
 1,400 Dawson Geophysical Co. (a) 100,044
 500 EnerNOC, Inc. (a) 24,550
 12,500 Evergreen Energy, Inc. (a) 27,875
 14,100 Evergreen Solar, Inc. (a) 243,507
 10,800 FuelCell Energy, Inc. (a) 107,136
 1,267 GeoMet, Inc. (a) 6,588
 820 MarkWest Hydrocarbon, Inc. 51,373
 4,500 Matrix Service Co. (a) 98,190
 2,400 Nova Biosource Fuels, Inc. (a) 6,960
 2,100 Ormat Technologies, Inc. 115,521
 5,600 Pacific Ethanol, Inc. (a) 45,864
 6,300 Penn Virginia Corp. 274,869
 30,200 Rentech, Inc. (a) 54,662
 5,300 Verenium Corp. (a) 26,447
 -------------
 1,687,409
---------------------------------------------------------------------------------------------------------------
Engineering & Contracting 6,800 Aecom Technology Corp. (a)(c) 194,276
Services - 0.3% 2,500 Clean Harbors, Inc. (a) 129,250
 6,600 Dycom Industries, Inc. (a) 175,890
 3,300 ENGlobal Corp. (a) 37,488
 2,100 Integrated Electrical Services, Inc. (a) 39,459
 2,500 Layne Christensen Co. (a) 123,025
 1,300 Michael Baker Corp. (a) 53,430
 1 URS Corp. (a) 35
 -------------
 752,853
---------------------------------------------------------------------------------------------------------------
Entertainment - 0.3% 2,200 Carmike Cinemas, Inc. 15,972
 3,800 Cinemark Holdings, Inc. 64,600
 6,700 Gaylord Entertainment Co. (a) 271,149
 12,100 Live Nation, Inc. (a) 175,692
 3,600 Lodgenet Entertainment Corp. (a) 62,784
 2,300 Speedway Motorsports, Inc. 71,484
 -------------
 661,681
---------------------------------------------------------------------------------------------------------------
Fertilizers - 0.3% 15,000 Terra Industries, Inc. (a) 716,400
---------------------------------------------------------------------------------------------------------------
Finance Companies - 0.1% 2,100 Asta Funding, Inc. 55,524
 878 Credit Acceptance Corp. (a) 18,148
 3,300 MVC Capital, Inc. 53,262
 1,800 NewStar Financial, Inc. (a) 14,904
 3,100 World Acceptance Corp. (a) 83,638
 -------------
 225,476
---------------------------------------------------------------------------------------------------------------
Finance: Small Loan - 0.1% 10,900 Advance America, Cash Advance Centers, Inc. 110,744
 2,300 Dollar Financial Corp. (a) 70,587
 3,400 Encore Capital Group, Inc. (a) 32,912
 2,200 Nelnet, Inc. Class A 27,962
 400 QC Holdings, Inc. 4,500
 -------------
 246,705
---------------------------------------------------------------------------------------------------------------
Financial Data Processing 3,000 Advent Software, Inc. (a)(c) 162,300
Services & Systems - 0.7% 860 Cass Information Systems, Inc. 28,733
 3,300 CompuCredit Corp. (a) 32,934
 10,441 CyberSource Corp. (a) 185,537
 8,700 Deluxe Corp. 286,143
 4,100 eSpeed, Inc. Class A (a) 46,330
 3,300 ExlService Holdings, Inc. (a) 76,164
 2,400 Heartland Payment Systems, Inc. 64,320
 9,400 Hypercom Corp. (a) 46,812
 12,800 Jack Henry & Associates, Inc. 311,552
 5,200 Online Resources Corp. (a) 61,984

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
 4,200 TNS, Inc. $ 74,550
 5,300 TradeStation Group, Inc. (a) 75,313
 6,500 Wright Express Corp. (a) 230,685
 -------------
 1,683,357
---------------------------------------------------------------------------------------------------------------
Financial Information Services 1,600 Bankrate, Inc. (a) 76,944
- 0.3% 8,780 INVESTools, Inc. (a) 155,757
 5,900 Interactive Data Corp. 194,759
 2,000 Morningstar, Inc. (a) 155,500
 17,500 Move, Inc. (a) 42,875
 9,500 S1 Corp. (a) 69,350
 3,400 TheStreet.com, Inc. 54,128
 -------------
 749,313
---------------------------------------------------------------------------------------------------------------
Financial Miscellaneous - 0.6% 5,700 Advanta Corp. Class B 45,999
 2,800 Asset Acceptance Capital Corp. 29,148
 4,800 Cash America International, Inc. 155,040
 1,900 Federal Agricultural Mortgage Corp. Class B 50,008
 4,700 Financial Federal Corp. 104,763
 4,600 First Cash Financial Services, Inc. (a) 67,528
 6,000 Global Cash Access, Inc. (a) 36,360
 2,700 LandAmerica Financial Group, Inc. 90,315
 2,700 Portfolio Recovery Associates, Inc. 107,109
 1,500 RAM Holdings Ltd. (a) 7,410
 3,000 Sanders Morris Harris Group, Inc. 30,750
 10,600 Sotheby's Holdings, Inc. Class A 403,860
 3,260 Sterling Bancorp 44,466
 2,500 Stewart Information Services Corp. 65,225
 2,200 Stifel Financial Corp. (a) 115,654
 1,700 Triad Guaranty, Inc. (a) 16,660
 1,000 WSFS Financial Corp. 50,200
 800 Wauwatosa Holdings, Inc. (a) 10,256
 -------------
 1,430,751
---------------------------------------------------------------------------------------------------------------
Foods - 1.0% 600 American Dairy, Inc. (a) 7,770
 2,300 Cal-Maine Foods, Inc. 61,019
 6,300 Chiquita Brands International, Inc. (a) 115,857
 12,600 Flowers Foods, Inc. 294,966
 4,600 Fresh Del Monte Produce, Inc. (a) 154,468
 6,000 Hain Celestial Group, Inc. (a) 192,000
 2,300 J&J Snack Foods Corp. 71,944
 5,100 Lance, Inc. 104,142
 2,000 M&F Worldwide Corp. (a) 107,700
 700 Maui Land & Pineapple Co., Inc. (a) 20,377
 5,700 Performance Food Group Co. (a) 153,159
 6,100 Pilgrim's Pride Corp. 176,595
 4,300 Ralcorp Holdings, Inc. (a) 261,397
 3,000 Sanderson Farms, Inc. 101,340
 60 Seaboard Corp. 88,200
 7,900 Sensient Technologies Corp. 223,412
 500 Synutra International, Inc. (a) 15,100
 5,843 Tootsie Roll Industries, Inc. 160,215
 5,100 TreeHouse Foods, Inc. (a) 117,249
 -------------
 2,426,910
---------------------------------------------------------------------------------------------------------------
Forest Products - 0.1% 1,800 Deltic Timber Corp. 92,682
 2,700 Universal Forest Products, Inc. 79,542
 -------------
 172,224
---------------------------------------------------------------------------------------------------------------
Forms & Bulk Printing 4,200 Ennis, Inc. 75,600
Services - 0.1% 3,300 Innerworkings, Inc. (a) 56,958

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
 2,900 The Standard Register Co. $ 33,814
 -------------
 166,372
---------------------------------------------------------------------------------------------------------------
Funeral Parlors & Cemeteries 16,400 Stewart Enterprises, Inc. Class A 145,960
- 0.1%
---------------------------------------------------------------------------------------------------------------
Glass - 0.0% 4,900 Apogee Enterprises, Inc. 83,839
---------------------------------------------------------------------------------------------------------------
Gold - 0.2% 75,700 Coeur d'Alene Mines Corp. (a) 373,958
 3,900 Royal Gold, Inc. 119,028
 10,400 US Gold Corp. (a) 30,784
 -------------
 523,770
---------------------------------------------------------------------------------------------------------------
Health Care Facilities - 0.5% 8,600 Assisted Living Concepts, Inc. (a) 64,500
 4,300 Capital Senior Living Corp. (a) 42,699
 1,600 Emeritus Corp. (a) 40,240
 100 The Ensign Group, Inc. 1,440
 4,280 Kindred Healthcare, Inc. (a) 106,914
 3,400 LCA-Vision, Inc. 67,898
 1,400 MedCath Corp. (a) 34,384
 1,100 National Healthcare Corp. 56,870
 8,800 Psychiatric Solutions, Inc. (a) 286,000
 2,100 Radiation Therapy Services, Inc. (a) 64,911
 4,000 Res-Care, Inc. (a) 100,640
 4,200 Skilled Healthcare Group, Inc. Class A (a) 61,446
 7,300 Sun Healthcare Group, Inc. (a) 125,341
 7,200 Sunrise Senior Living, Inc. (a) 220,896
 -------------
 1,274,179
---------------------------------------------------------------------------------------------------------------
Health Care Management 8,200 AMERIGROUP Corp. (a) 298,890
Services - 0.8% 8,500 Allscripts Healthcare Solutions, Inc. (a) 165,070
 1,300 American Dental Partners, Inc. (a) 13,039
 5,200 Amsurg Corp. (a) 140,712
 900 athenahealth, Inc. (a) 32,400
 7,000 Centene Corp. (a) 192,080
 1,600 Computer Programs & Systems, Inc. 36,384
 1,550 Corvel Corp. (a) 35,681
 7,400 Eclipsys Corp. (a) 187,294
 3,100 HMS Holdings Corp. (a) 102,951
 4,800 HealthExtras, Inc. (a) 125,184
 7,200 HealthSpring, Inc. (a) 137,160
 2,100 Molina Healthcare, Inc. (a) 81,270
 5,100 Omnicell, Inc. (a) 137,343
 6,200 Phase Forward, Inc. (a) 134,850
 2,500 Vital Images, Inc. (a) 45,175
 -------------
 1,865,483
---------------------------------------------------------------------------------------------------------------
Health Care Services - 0.7% 5,100 Alliance Imaging, Inc. (a) 49,062
 4,033 Amedisys, Inc. (a) 195,681
 7,000 Apria Healthcare Group, Inc. (a) 150,990
 1,800 Bio-Reference Labs, Inc. (a) 58,824
 1,200 Emergency Medical Services Corp. (a) 35,136
 4,700 Gentiva Health Services, Inc. (a) 89,488
 13,000 HealthSouth Corp. (a) 273,000
 7,200 Healthcare Services Group, Inc. 152,496
 5,700 Healthways, Inc. (a) 333,108
 6,800 Hythiam, Inc. (a) 19,924
 2,200 LHC Group, Inc. (a) 54,956
 3,700 Matria Healthcare, Inc. (a) 87,949
 3,000 Nighthawk Radiology Holdings, Inc. (a) 63,150
 6,100 Odyssey HealthCare, Inc. (a) 67,466
 3,686 PharMerica Corp. (a) 51,162
 300 Virtual Radiologic Corp. (a) 6,084
 -------------
 1,688,476
---------------------------------------------------------------------------------------------------------------

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
Homebuilding - 0.1% 5,800 Beazer Homes USA, Inc. $ 43,094
 5,000 Hovnanian Enterprises, Inc. Class A (a) 35,850
 1,900 M/I Homes, Inc. 19,950
 4,000 Meritage Homes Corp. (a) 58,280
 9,400 Standard-Pacific Corp. 31,490
 4,900 WCI Communities, Inc. (a) 18,522
 -------------
 207,186
---------------------------------------------------------------------------------------------------------------
Hotel/Motel - 0.1% 3,100 Lodgian, Inc. (a) 34,906
 3,400 Marcus Corp. 52,530
 3,200 Morgans Hotel Group Co. (a) 61,696
 -------------
 149,132
---------------------------------------------------------------------------------------------------------------
Household Furnishings - 0.4% 2,100 American Woodmark Corp. 38,178
 4,200 Ethan Allen Interiors, Inc. 119,700
 7,000 Furniture Brands International, Inc. 70,420
 3,100 Haverty Furniture Cos., Inc. 27,869
 1,000 hhgregg, Inc. (a) 13,760
 1,700 Hooker Furniture Corp. 34,170
 8,400 La-Z-Boy, Inc. 66,612
 1,800 Libbey, Inc. 28,512
 2,000 Lifetime Brands, Inc. 25,960
 6,200 Sealy Corp. 69,378
 8,600 Select Comfort Corp. (a) 60,286
 11,714 Tempur-Pedic International, Inc. 304,213
 -------------
 859,058
---------------------------------------------------------------------------------------------------------------
Identification Control & Filter 5,800 Advanced Energy Industries, Inc. (a) 75,864
Devices - 0.6% 8,400 Asyst Technologies, Inc. (a) 27,384
 2,300 Badger Meter, Inc. 103,385
 4,200 ESCO Technologies, Inc. (a) 167,748
 2,019 The Gorman-Rupp Co. 62,985
 9,998 L-1 Identity Solutions, Inc. (a) 179,464
 4,500 Mine Safety Appliances Co. 233,415
 2,300 Robbins & Myers, Inc. 173,949
 2,100 Sun Hydraulics, Inc. 52,983
 5,300 Veeco Instruments, Inc. (a) 88,510
 3,200 Vicor Corp. 49,888
 4,900 Watts Water Technologies, Inc. Class A 146,020
 4,500 X-Rite, Inc. (a) 52,290
 -------------
 1,413,885
---------------------------------------------------------------------------------------------------------------
Industrial Products - 0.0% 2,700 TAL International Group, Inc. 61,479
---------------------------------------------------------------------------------------------------------------
Insurance: Life - 0.4% 9,800 American Equity Investment Life Holding Co. 81,242
 4,700 Citizens, Inc. (a) 25,991
 7,250 Delphi Financial Group, Inc. Class A 255,780
 500 Kansas City Life Insurance Co. 21,615
 400 National Western Life Insurance Co. Class A 82,948
 17,300 The Phoenix Cos., Inc. 205,351
 3,500 Presidential Life Corp. 61,285
 7,800 Scottish Re Group Ltd. (a) 5,655
 7,400 Universal American Financial Corp. (a) 189,366
 -------------
 929,233
---------------------------------------------------------------------------------------------------------------
Insurance: Multi-Line - 1.1% 5,300 Alfa Corp. 114,851
 12,400 Assured Guaranty Ltd. 329,096
 2,100 CNA Surety Corp. (a) 41,559
 300 CastlePoint Holdings, Ltd. 3,600
 5,200 Crawford & Co. Class B 21,580
 1,000 EMC Insurance Group, Inc. 23,670
 2,000 eHealth, Inc. (a) 64,220
 2,300 FBL Financial Group, Inc. Class A 79,419
 1,400 Flagstone Reinsurance Holdings Ltd. 19,460

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
 200 Hallmark Financial Services, Inc. (a) $ 3,172
 5,900 Hilb Rogal & Hobbs Co. 239,363
 7,500 Horace Mann Educators Corp. 142,050
 300 Independence Holding Co. 3,795
 9,900 Max Capital Group Ltd. 277,101
 4,300 Meadowbrook Insurance Group, Inc. (a) 40,463
 16,900 Montpelier Re Holdings Ltd. 287,469
 2,100 Pico Holdings, Inc. (a) 70,602
 9,300 Platinum Underwriters Holdings Ltd. 330,708
 6,200 Primus Guaranty Ltd. (a) 43,462
 3,700 Security Capital Assurance Ltd. 14,393
 2,100 Validus Holdings Ltd. (a) 54,558
 6,050 Zenith National Insurance Corp. 270,616
 -------------
 2,475,207
---------------------------------------------------------------------------------------------------------------
Insurance: Property-Casualty 3,500 AmTrust Financial Services, Inc. 48,195
- 1.6% 1,700 American Physicians Capital, Inc. 70,482
 3,700 Amerisafe, Inc. (a)(c) 57,387
 4,466 Argo Group International Holdings Ltd. (a) 188,153
 14,200 Aspen Insurance Holdings Ltd. 409,528
 1,700 Baldwin & Lyons, Inc. Class B 46,682
 8,100 Commerce Group, Inc. 291,438
 1,200 Darwin Professional Underwriters, Inc. (a) 29,004
 1,600 Donegal Group, Inc. Class A 27,472
 7,910 Employers Holdings, Inc. 132,176
 1,000 Enstar Group Ltd. (a) 122,420
 1,700 FPIC Insurance Group, Inc. (a) 73,066
 2,800 First Acceptance Corp. (a) 11,816
 2,400 First Mercury Financial Corp. (a) 58,560
 11,000 Fremont General Corp. 38,500
 1,200 Greenlight Capital Re Ltd. (a) 24,948
 2,400 Harleysville Group, Inc. 84,912
 9,600 IPC Holdings, Ltd. 277,152
 2,300 Infinity Property & Casualty Corp. 83,099
 1,600 The Midland Co. 103,504
 900 NYMAGIC, Inc. 20,817
 1,200 National Interstate Corp. 39,720
 2,100 Navigators Group, Inc. (a) 136,500
 4,200 Odyssey Re Holdings Corp. 154,182
 6,200 PMA Capital Corp. Class A (a) 50,964
 5,500 ProAssurance Corp. (a) 302,060
 3,400 RLI Corp. 193,086
 2,500 Safety Insurance Group, Inc. 91,550
 4,100 SeaBright Insurance Holdings, Inc. (a) 61,828
 9,300 Selective Insurance Group, Inc. 213,807
 2,300 State Auto Financial Corp. 60,490
 3,500 Tower Group, Inc. 116,900
 3,400 United America Indemnity, Ltd. (a) 67,728
 3,600 United Fire & Casualty Co. 104,724
 -------------
 3,792,850
---------------------------------------------------------------------------------------------------------------
Investment Management 7,800 Alternative Asset Management Acquisition Corp. (a) 71,370
Companies - 0.9% 2,100 Ampal-American Israel Corp. Class A (a) 15,519
 19,776 Apollo Investment Corp. 337,181
 10,432 Ares Capital Corp. 152,620
 3,700 Calamos Asset Management, Inc. Class A 110,186
 400 Capital Southwest Corp. 47,360
 2,500 Cohen & Steers, Inc. 74,925
 3,300 Cowen Group, Inc. (a) 31,383

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
 2,000 Epoch Holding Corp. $ 29,280
 4,100 FBR Capital Markets Corp. (a) 39,278
 1,000 GAMCO Investors, Inc. Class A 69,200
 2,200 Kohlberg Capital Corp. 26,400
 10,000 MCG Capital Corp. 115,900
 3,100 NGP Capital Resources Co. 48,453
 6,100 National Financial Partners Corp. 278,221
 5,900 NexCen Brands, Inc. (a) 28,556
 300 Pzena Investment Management, Inc. Class A 3,420
 3,400 TICC Capital Corp. 31,382
 2,300 U.S. Global Investors, Inc. 38,318
 2,100 W.P. Stewart & Co. Ltd. 10,731
 13,700 Waddell & Reed Financial, Inc. Class A 494,433
 -------------
 2,054,116
---------------------------------------------------------------------------------------------------------------
Jewelry, Watches & 1,200 FGX International Holdings Ltd. (a) 14,220
Gemstones - 0.2% 7,000 Fossil, Inc. (a) 293,860
 2,800 Movado Group, Inc. 70,812
 -------------
 378,892
---------------------------------------------------------------------------------------------------------------
Leisure Time - 0.4% 10,500 Callaway Golf Co. 183,015
 4,700 Great Wolf Resorts, Inc. (a) 46,107
 5,100 Life Time Fitness, Inc. (a) 253,368
 5,400 Premier Exhibitions, Inc. (a) 59,076
 11,500 Six Flags, Inc. (a) 23,345
 1,300 Steinway Musical Instruments, Inc. 35,841
 2,800 Sturm Ruger & Co., Inc. (a) 23,184
 1,800 Town Sports International Holdings, Inc. (a) 17,208
 5,100 Vail Resorts, Inc. (a) 274,431
 2,500 West Marine, Inc. (a) 22,450
 -------------
 938,025
---------------------------------------------------------------------------------------------------------------
Machine Tools - 0.0% 1,100 Hurco Companies, Inc. (a) 48,015
---------------------------------------------------------------------------------------------------------------
Machinery & Engineering - 0.1% 7,250 Applied Industrial Technologies, Inc. 210,395
---------------------------------------------------------------------------------------------------------------
Machinery: Agricultural - 0.1% 1,650 Gehl Co. (a) 26,466
 1,700 Lindsay Manufacturing Co. 120,173
 -------------
 146,639
---------------------------------------------------------------------------------------------------------------
Machinery: Construction & 3,700 ASV, Inc. (a) 51,245
Handling - 0.1% 3,000 Astec Industries, Inc. (a) 111,570
 900 NACCO Industries, Inc. Class A 89,721
 -------------
 252,536
---------------------------------------------------------------------------------------------------------------
Machinery: Engines - 0.1% 8,000 Briggs & Stratton Corp. 181,280
 4,900 Raser Technologies, Inc. (a) 72,765
 -------------
 254,045
---------------------------------------------------------------------------------------------------------------
Machinery: Industrial/ 8,800 Actuant Corp. Class A 299,288
Specialty - 0.7% 1,200 Altra Holdings, Inc. (a) 19,956
 1,900 Chart Industries, Inc. (a) 58,710
 3,100 Columbus McKinnon Corp. (a) 101,122
 3,500 EnPro Industries, Inc. (a) 107,275
 2,200 Hardinge, Inc. 36,916
 2,400 Kadant, Inc. (a) 71,208
 2,200 Middleby Corp. (a) 168,564
 5,200 Nordson Corp. 301,392
 2,800 Tecumseh Products Co. Class A (a) 65,548
 2,700 Tennant Co. 119,583
 900 Twin Disc, Inc. 63,693
 4,900 Woodward Governor Co. 332,955
 -------------
 1,746,210
---------------------------------------------------------------------------------------------------------------
Machinery: Oil Well Equipment 4,500 Allis-Chalmers Energy, Inc. (a) 66,375
& Services - 1.5% 6,000 Basic Energy Services, Inc. (a)(c) 131,700

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
 3,250 CARBO Ceramics, Inc. $ 120,900
 6,013 Cal Dive International, Inc. (a) 79,606
 6,300 Complete Production Services, Inc. (a) 113,211
 4,100 Dril-Quip, Inc. (a) 228,206
 9,707 Exterran Holdings, Inc. (a) 794,033
 3,100 Flotek Industries, Inc. (a) 111,724
 2,100 Gulf Island Fabrication, Inc. 66,591
 3,700 Hornbeck Offshore Services, Inc. (a) 166,315
 2,400 Lufkin Industries, Inc. 137,496
 2,800 NATCO Group, Inc. Class A (a) 151,620
 15,600 Newpark Resources, Inc. (a) 85,020
 7,900 Oil States International, Inc. (a) 269,548
 18,900 Parker Drilling Co. (a) 142,695
 5,625 RPC, Inc. 65,869
 7,600 Sulphco, Inc. 39,672
 800 Superior Offshore International, Inc. (a) 4,016
 2,200 Superior Well Services, Inc. (a) 46,684
 800 T-3 Energy Services, Inc. (a) 37,608
 1,900 Trico Marine Services, Inc. (a) 70,338
 1,900 Union Drilling, Inc. (a) 29,963
 4,900 W-H Energy Services, Inc. (a) 275,429
 5,700 Willbros Group, Inc. (a) 218,253
 -------------
 3,452,872
---------------------------------------------------------------------------------------------------------------
Machinery: Specialty - 0.3% 5,850 Bucyrus International, Inc. 581,432
 1,900 Cascade Corp. 88,274
 5,100 Flow International Corp. (a) 47,532
 3,600 Semitool, Inc. (a) 31,248
 3,600 TurboChef Technologies, Inc. (a) 59,400
 -------------
 807,886
---------------------------------------------------------------------------------------------------------------
Manufactured Housing - 0.1% 12,500 Champion Enterprises, Inc. (a) 117,750
 1,600 Palm Harbor Homes, Inc. (a) 16,880
 1,200 Skyline Corp. 35,220
 -------------
 169,850
---------------------------------------------------------------------------------------------------------------
Manufacturing - 0.1% 7,900 Federal Signal Corp. 88,638
 2,200 Standex International Corp. 38,390
 -------------
 127,028
---------------------------------------------------------------------------------------------------------------
Medical & Dental Instruments 3,500 Abaxis, Inc. (a) 125,510
& Supplies - 2.8% 4,700 Abiomed, Inc. (a) 73,038
 9,700 Align Technology, Inc. (a) 161,796
 12,100 American Medical Systems Holdings, Inc. (a)(c) 174,966
 3,800 AngioDynamics, Inc. (a) 72,352
 3,000 Bio-Rad Laboratories, Inc. Class A (a) 310,860
 2,200 BioMimetic Therapeutics, Inc. (a) 38,214
 4,600 CONMED Corp. (a) 106,306
 1,300 Cantel Medical Corp. (a) 18,954
 9,100 Cepheid, Inc. (a) 239,785
 4,300 Conceptus, Inc. (a) 82,732
 3,100 CryoLife, Inc. (a) 24,645
 2,500 Cutera, Inc. (a) 39,250
 3,800 Cyberonics, Inc. (a) 50,008
 7,746 ev3, Inc. (a) 98,452
 1,400 Hansen Medical, Inc. (a) 41,916
 3,300 I-Flow Corp. (a) 52,074
 2,400 ICU Medical, Inc. (a) 86,424
 11,150 Immucor, Inc. (a) 378,989
 900 Insulet Corp. (a) 21,132
 4,200 Invacare Corp. 105,840
 10,620 Inverness Medical Innovations, Inc. (a) 596,632

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
 1,500 Landauer, Inc. $ 77,775
 5,200 LifeCell Corp. (a) 224,172
 1,900 Medical Action Industries, Inc. (a) 39,615
 5,100 Mentor Corp. 199,410
 5,975 Meridian Bioscience, Inc. 179,728
 4,500 Merit Medical Systems, Inc. (a) 62,550
 2,800 Micrus Endovascular Corp. (a) 55,104
 2,300 Northstar Neuroscience, Inc. (a) 21,390
 5,800 NuVasive, Inc. (a) 229,216
 8,100 OraSure Technologies, Inc. (a) 72,009
 2,500 Orthofix International NV (a) 144,925
 6,500 Owens & Minor, Inc. 275,795
 10,800 PSS World Medical, Inc. (a) 211,356
 3,100 Palomar Medical Technologies, Inc. (a) 47,492
 5,300 Sonic Innovations, Inc. (a) 40,916
 2,900 SonoSite, Inc. (a) 97,643
 5,600 Spectranetic Corp. (a) 85,848
 4,100 Stereotaxis, Inc. (a) 50,102
 10,500 Steris Corp. 302,820
 2,600 SurModics, Inc. (a) 141,102
 5,700 Symmetry Medical, Inc. (a) 99,351
 8,700 Thoratec Corp. (a) 158,253
 600 Trans1, Inc (a) 9,882
 4,400 Ventana Medical Systems, Inc. (a) 383,812
 1,500 Vital Signs, Inc. 76,680
 4,000 Volcano Corp. (a) 50,040
 5,300 West Pharmaceutical Services, Inc. 215,127
 5,300 Wright Medical Group, Inc. (a) 154,601
 -------------
 6,606,589
---------------------------------------------------------------------------------------------------------------
Medical Services - 0.3% 1,900 Air Methods Corp. (a) 94,373
 700 Genoptix, Inc. (a) 21,490
 6,300 Magellan Health Services, Inc. (a) 293,769
 4,600 Parexel International Corp. (a) 222,180
 3,000 RehabCare Group, Inc. (a) 67,680
 -------------
 699,492
---------------------------------------------------------------------------------------------------------------
Metal Fabricating - 0.9% 1,100 Ampco-Pittsburgh Corp. 41,943
 2,700 CIRCOR International, Inc. 125,172
 2,000 Dynamic Materials Corp. 117,920
 4,100 Encore Wire Corp. 65,272
 1,700 Haynes International, Inc. (a) 118,150
 2,800 Insteel Industries, Inc. 32,844
 4,600 Kaydon Corp. 250,884
 1,800 L.B. Foster Co. Class A (a) 93,114
 18,480 Mueller Water Products, Inc. Series A 175,930
 1,100 Northwest Pipe Co. (a) 43,054
 5,900 Quanex Corp. 306,210
 3,600 RBC Bearings, Inc. (a) 156,456
 3,800 RTI International Metals, Inc. (a) 261,934
 3,300 Superior Essex, Inc. (a) 79,200
 1,500 Trimas Corp. (a) 15,885
 3,000 Valmont Industries, Inc. 267,360
 -------------
 2,151,328
---------------------------------------------------------------------------------------------------------------
Metals & Minerals 1,900 A.M. Castle & Co. 51,661
Miscellaneous - 0.7% 3,900 AMCOL International Corp. 140,517
 9,400 Apex Silver Mines Ltd. (a) 143,256
 3,300 Brush Engineered Materials, Inc. (a) 122,166
 5,200 Compass Minerals International, Inc. 213,200

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
 8,400 General Moly, Inc. (a) $ 98,028
 17,100 GrafTech International Ltd. (a) 303,525
 19,200 Hecla Mining Co. (a) 179,520
 1,300 Horsehead Holding Corp. (a) 22,061
 2,900 Minerals Technologies, Inc. 194,155
 6,800 Stillwater Mining Co. (a) 65,688
 8,900 Uranium Resources, Inc. (a) 111,072
 -------------
 1,644,849
---------------------------------------------------------------------------------------------------------------
Milling: Fruit & Grain 1,700 MGP Ingredients, Inc. 16,014
Processing - 0.0%
---------------------------------------------------------------------------------------------------------------
Miscellaneous Business & 1,600 Core-Mark Holdings Co., Inc. (a) 45,952
Consumer Discretionary - 0.0%
---------------------------------------------------------------------------------------------------------------
Miscellaneous Consumer 3,200 Reddy Ice Holdings, Inc. 80,992
Staples - 0.0%
---------------------------------------------------------------------------------------------------------------
Miscellaneous Health Care - 0.0% 1,300 Animal Health International, Inc. (a) 15,990
---------------------------------------------------------------------------------------------------------------
Miscellaneous Materials & 4,400 Ceradyne, Inc. (a) 206,492
Commodities - 0.2% 5,900 Symyx Technologies Inc. (a) 45,312
 2,900 WD-40 Co. 110,113
 -------------
 361,917
---------------------------------------------------------------------------------------------------------------
Miscellaneous Materials & 4,800 Insituform Technologies, Inc. Class A (a) 71,040
Processing - 0.2% 4,100 Metal Management, Inc. 186,673
 2,900 Rogers Corp. (a) 125,773
 16,400 USEC, Inc. (a) 147,600
 1,800 Xerium Technologies, Inc. 9,360
 -------------
 540,446
---------------------------------------------------------------------------------------------------------------
Miscellaneous Producer 6,700 Blount International, Inc. (a) 82,477
Durables - 0.1% 1,200 Park-Ohio Holdings Corp. (a) 30,120
 -------------
 112,597
---------------------------------------------------------------------------------------------------------------
Miscellaneous Technology - 0.2% 1,800 Dice Holdings, Inc. (a) 14,382
 4,900 IHS, Inc. Class A (a) 296,744
 2,000 iRobot Corp. (a) 36,160
 2,300 Vocus, Inc. (a) 79,419
 -------------
 426,705
---------------------------------------------------------------------------------------------------------------
Multi-Sector Companies - 0.4% 4,100 Compass Diversified Holdings 61,090
 9,100 GenCorp, Inc. (a) 106,106
 1,400 GenTek Inc. (a) 40,978
 4,200 Kaman Corp. Class A 154,602
 3,900 Lancaster Colony Corp. 154,830
 2,600 Raven Industries, Inc. 99,814
 8,100 Walter Industries, Inc. 291,033
 -------------
 908,453
---------------------------------------------------------------------------------------------------------------
Office Furniture & Business 8,064 ACCO Brands Corp. (a) 129,347
Equipment - 0.3%
 10,500 Herman Miller, Inc. 340,095
 4,300 Kimball International, Inc. Class B 58,910
 7,300 Knoll, Inc. 119,939
 -------------
 648,291
---------------------------------------------------------------------------------------------------------------
Offshore Drilling - 0.3% 4,400 Atwood Oceanics, Inc. (a) 441,056
 2,300 Bois d'Arc Energy, Inc. (a) 45,655
 13,300 Hercules Offshore, Inc. (a) 316,274
 -------------
 802,985
---------------------------------------------------------------------------------------------------------------
Oil: Crude Producers - 2.5% 554 APCO Argentina, Inc. 15,202
 4,100 ATP Oil & Gas Corp. (a) 207,214
 5,100 Arena Resources, Inc. (a) 212,721
 3,800 Atlas America, Inc. 224,884
 8,900 BPZ Resources, Inc. (a) 99,502
 6,200 Berry Petroleum Co. Class A 275,590
 5,000 Bill Barrett Corp. (a) 209,350

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
 7,400 Brigham Exploration Co. (a) $ 55,648
 4,900 Bronco Drilling Co., Inc. (a) 72,765
 3,600 Callon Petroleum Co. (a) 59,220
 4,100 Carrizo Oil & Gas, Inc. (a) 224,475
 900 Clayton Williams Energy, Inc. (a) 28,044
 7,200 Comstock Resources, Inc. (a) 244,800
 2,300 Contango Oil & Gas Co. (a) 117,047
 1,400 Delek US Holdings, Inc. 28,322
 9,200 EXCO Resources, Inc. (a) 142,416
 5,800 Edge Petroleum Corp. (a) 34,394
 8,600 Encore Acquisition Co. (a) 286,982
 2,600 Energy Infrastructure Acquisition Corp. (a) 26,364
 5,285 Energy Partners Ltd. (a) 62,416
 7,200 FX Energy, Inc. (a) 40,896
 6,900 GeoGlobal Resources, Inc. (a) 34,155
 1,500 Geokinetics, Inc. (a) 29,175
 2,700 Goodrich Petroleum Corp. (a) 61,074
 29,700 Grey Wolf, Inc. (a) 158,301
 3,100 Gulfport Energy Corp. (a) 56,606
 6,400 Harvest Natural Resources, Inc. (a) 80,000
 13,500 Mariner Energy, Inc. (a) 308,880
 7,600 McMoRan Exploration Co. (a) 99,484
 15,200 Meridian Resource Corp. (a) 27,512
 2,939 NTR Acquisition Co. (a) 27,920
 20,700 Oilsands Quest, Inc. (a) 84,456
 6,100 Parallel Petroleum Corp. (a) 107,543
 26,550 PetroHawk Energy Corp. (a) 459,581
 2,600 Petroleum Development Corp. (a) 153,738
 7,200 Petroquest Energy, Inc. (a) 102,960
 8,100 Pioneer Drilling Co. (a) 96,228
 2,100 Resource America, Inc. Class A 30,807
 1,500 Rex Energy Corp. (a) 17,895
 8,300 Rosetta Resources, Inc. (a) 164,589
 4,300 Stone Energy Corp. (a) 201,713
 4,900 Swift Energy Co. (a) 215,747
 5,200 TXCO Resources, Inc. (a) 62,712
 3,400 Toreador Resources Corp. (a) 23,766
 1,800 Venoco, Inc. (a) 35,874
 6,190 VeraSun Energy Corp. (a) 94,583
 9,400 Warren Resources, Inc. (a) 132,822
 6,500 Whiting Petroleum Corp. (a) 374,790
 -------------
 5,911,163
---------------------------------------------------------------------------------------------------------------
Oil: Integrated Domestic - 0.1% 11,100 Delta Petroleum Corp. (a) 209,235
 1,800 GMX Resources Inc. (a) 58,104
 -------------
 267,339
---------------------------------------------------------------------------------------------------------------
Oil: Integrated International 10,100 Vaalco Energy, Inc. (a) 46,965
- 0.0%
---------------------------------------------------------------------------------------------------------------
Paints & Coatings - 0.2% 7,500 Ferro Corp. 155,475
 9,500 H.B. Fuller Co. 213,275
 400 Kronos Worldwide, Inc. 6,980
 -------------
 375,730
---------------------------------------------------------------------------------------------------------------
Paper - 0.4% 8,752 AbitibiBowater, Inc. 180,379
 4,700 Albany International Corp. Class A 174,370
 5,900 Buckeye Technologies, Inc. (a) 73,750
 3,100 Chesapeake Corp. 16,089
 4,800 Mercer International, Inc.-Sbi (a) 37,584
 850 Multi-Color Corp. 23,349
 2,400 Neenah Paper, Inc. 69,960

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
 7,300 P.H. Glatfelter Co. $ 111,763
 5,600 Rock-Tenn Co. Class A 142,296
 7,200 Wausau Paper Corp. 64,728
 -------------
 894,268
---------------------------------------------------------------------------------------------------------------
Photography - 0.0% 600 CPI Corp. 14,130
---------------------------------------------------------------------------------------------------------------
Plastics - 0.0% 5,200 Spartech Corp. 73,320
---------------------------------------------------------------------------------------------------------------
Pollution Control & 2,600 American Ecology Corp. 61,048
Environmental Services - 0.2% 12,000 Darling International, Inc. (a) 138,720
 4,400 EnergySolutions, Inc. (a) 118,756
 2,400 Fuel Tech, Inc. (a) 54,360
 6,400 Headwaters, Inc. (a) 75,136
 2,600 Team, Inc. (a) 95,108
 -------------
 543,128
---------------------------------------------------------------------------------------------------------------
Power Transmission Equipment 5,200 Regal-Beloit Corp. 233,740
- 0.1%
---------------------------------------------------------------------------------------------------------------
Printing & Copying Services 5,100 Bowne & Co., Inc. 89,760
- 0.2% 9,200 Cenveo, Inc. (a) 160,724
 2,400 Schawk, Inc. 37,248
 7,100 VistaPrint Ltd. (a) 304,235
 -------------
 591,967
---------------------------------------------------------------------------------------------------------------
Production Technology 5,600 ATMI, Inc. (a) 180,600
Equipment - 1.1% 16,500 Axcelis Technologies, Inc. (a) 75,900
 11,983 Brooks Automation, Inc. (a) 158,295
 7,600 Cognex Corp. 153,140
 16,500 Credence Systems Corp. (a) 39,930
 5,200 Cymer, Inc. (a) 202,436
 3,200 Dionex Corp. (a) 265,152
 5,100 Electro Scientific Industries, Inc. (a) 101,235
 19,795 Entegris, Inc. (a) 170,831
 4,500 Esterline Technologies Corp. (a) 232,875
 5,900 FEI Co. (a) 146,497
 3,700 Intevac, Inc. (a) 53,798
 9,900 Kulicke & Soffa Industries, Inc. (a) 67,914
 10,700 LTX Corp. (a) 34,026
 3,100 MTS Systems Corp. 132,277
 9,200 Mattson Technology, Inc. (a) 78,752
 6,800 Photronics, Inc. (a) 84,796
 5,200 Rofin-Sinar Technologies, Inc. (a) 250,172
 4,313 Rudolph Technologies, Inc. (a) 48,823
 3,900 Ultra Clean Holdings, Inc. (a) 47,580
 4,200 Ultratech, Inc. (a) 47,628
 -------------
 2,572,657
---------------------------------------------------------------------------------------------------------------
Publishing: Miscellaneous - 0.2% 1,500 Consolidated Graphics, Inc. (a) 71,730
 1,700 Courier Corp. 56,117
 2,780 GateHouse Media, Inc. 24,408
 4,400 Martha Stewart Living Omnimedia, Inc. Class A (a) 40,788
 3,700 Playboy Enterprises, Inc. Class B (a) 33,744
 7,150 Primedia, Inc. 60,775
 4,600 Scholastic Corp. (a) 160,494
 -------------
 448,056
---------------------------------------------------------------------------------------------------------------
Publishing: Newspapers - 0.2% 13,700 Belo Corp. Class A 238,928
 1,500 Dolan Media Co. (a) 43,755
 7,500 Journal Communications, Inc. Class A 67,050
 7,400 Lee Enterprises, Inc. 108,410
 3,000 Media General, Inc. Class A 63,750
 13,000 Sun-Times Media Group, Inc. (a) 28,600
 -------------
 550,493
---------------------------------------------------------------------------------------------------------------

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
Radio & TV Broadcasters - 0.3% 6,800 CKX, Inc. (a) $ 81,600
 32,850 Citadel Broadcasting Corp. 67,671
 4,900 Cox Radio, Inc. Class A (a) 59,535
 5,200 Cumulus Media, Inc. Class A (a) 41,808
 6,700 Emmis Communications Corp. Class A (a) 25,795
 5,300 Entercom Communications Corp. 72,557
 1,000 Fisher Communications, Inc. (a) 37,960
 6,800 Gray Television, Inc. 54,536
 4,400 Lin TV Corp. Class A (a) 53,548
 1,600 Nexstar Broadcasting Group, Inc. Class A (a) 14,624
 12,500 Radio One, Inc. Class D (a) 29,625
 1,500 Salem Communications Corp. Class A 9,885
 8,000 Sinclair Broadcast Group, Inc. Class A 65,680
 7,400 Spanish Broadcasting System, Inc. Class A (a) 13,690
 11,600 Westwood One, Inc. 23,084
 3,600 World Wrestling Entertainment, Inc. 53,136
 -------------
 704,734
---------------------------------------------------------------------------------------------------------------
Railroad Equipment - 0.2% 1,300 American Railcar Industries, Inc. 25,025
 2,000 Freightcar America, Inc. 70,000
 2,600 Greenbrier Cos., Inc. 57,876
 7,900 Westinghouse Air Brake Technologies Corp. 272,076
 -------------
 424,977
---------------------------------------------------------------------------------------------------------------
Railroads - 0.0% 4,550 Genesee & Wyoming, Inc. Class A (a) 109,973
---------------------------------------------------------------------------------------------------------------
Real Estate - 0.3% 300 AMREP Corp. 9,165
 1,000 Avatar Holdings, Inc. (a) 41,820
 3,500 Bluegreen Corp. (a) 25,165
 4,700 Chimera Investment Corp. 84,036
 1,000 Consolidated-Tomoka Land Co. 62,680
 5,100 Dupont Fabros Technology, Inc. 99,960
 3,700 Grubb & Ellis Co. 23,717
 3,607 HFF, Inc. Class A (a) 27,918
 7,452 Hilltop Holdings, Inc. (a) 81,376
 1,600 Quadra Realty Trust, Inc. 12,864
 2,800 Resource Capital Corp. 26,068
 500 Stratus Properties, Inc. (a) 16,970
 1,800 Tejon Ranch Co. (a) 73,530
 2,900 Thomas Properties Group, Inc. 31,262
 -------------
 616,531
---------------------------------------------------------------------------------------------------------------
Real Estate Investment Trusts 5,600 Acadia Realty Trust 143,416
(REITs) - 5.0% 1,600 Agree Realty Corp. 48,160
 11,100 Alesco Financial, Inc. 36,408
 300 Alexander's, Inc. (a) 105,975
 5,200 Alexandria Real Estate Equities, Inc. 528,684
 3,900 American Campus Communities, Inc. 104,715
 22,400 American Financial Realty Trust (c) 179,648
 10,300 Anthracite Capital, Inc. (e) 74,572
 7,900 Anworth Mortgage Asset Corp. 65,254
 2,800 Arbor Realty Trust, Inc. 45,108
 17,250 Ashford Hospitality Trust, Inc. 124,028
 3,500 Associated Estates Realty Corp. 33,040
 500 BRT Realty Trust 7,650
 10,400 BioMed Realty Trust, Inc. 240,968
 3,500 CBRE Realty Finance, Inc. 18,690
 6,200 CapLease, Inc. 52,204
 1,900 Capital Trust, Inc. 58,235
 7,200 Cedar Shopping Centers, Inc. 73,656
 6,200 Corporate Office Properties Trust 195,300

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
 6,600 Cousins Properties, Inc. $ 145,860
 3,443 Crystal River Capital, Inc. 49,717
 27,450 DCT Industrial Trust, Inc. 255,560
 8,400 Deerfield Capital Corp. 67,200
 14,440 DiamondRock Hospitality Co. 216,311
 8,740 Digital Realty Trust, Inc. 335,354
 3,900 Eastgroup Properties, Inc. 163,215
 4,600 Education Realty Trust, Inc. 51,704
 4,600 Entertainment Properties Trust 216,200
 3,400 Equity Lifestyle Properties, Inc. 155,278
 5,900 Equity One, Inc. 135,877
 10,100 Extra Space Storage, Inc. 144,329
 10,200 FelCor Lodging Trust, Inc. 159,018
 7,600 First Industrial Realty Trust, Inc. 262,960
 3,900 First Potomac Realty Trust 67,431
 8,800 Franklin Street Properties Corp. 130,240
 25,100 Friedman Billings Ramsey Group, Inc. Class A 78,814
 6,600 GMH Communities Trust 36,432
 2,800 Getty Realty Corp. 74,704
 6,400 Glimcher Realty Trust 91,456
 3,600 Gramercy Capital Corp. 87,516
 8,400 Healthcare Realty Trust, Inc. 213,276
 5,900 Hersha Hospitality Trust 56,050
 9,300 Highwoods Properties, Inc. 273,234
 5,400 Home Properties, Inc. 242,190
 13,400 IMPAC Mortgage Holdings, Inc. 7,504
 9,500 Inland Real Estate Corp. 134,520
 8,200 Investors Real Estate Trust 73,554
 4,200 JER Investors Trust, Inc. 45,234
 4,100 Kite Realty Group Trust 62,607
 3,900 LTC Properties, Inc. 97,695
 6,800 LaSalle Hotel Properties 216,920
 9,930 Lexington Corporate Properties Trust 144,382
 7,600 Luminent Mortgage Capital, Inc. 5,928
 18,300 MFA Mortgage Investments, Inc. 169,275
 6,200 Maguire Properties, Inc. 182,714
 8,100 Medical Properties Trust, Inc. 82,539
 7,420 Meruelo Maddux Properties, Inc. (a) 29,680
 4,100 Mid-America Apartment Communities, Inc. 175,275
 2,100 Mission West Properties, Inc. 19,971
 3,800 National Health Investors, Inc. 106,020
 11,000 National Retail Properties, Inc. 257,180
 14,000 Nationwide Health Properties, Inc. 439,180
 7,300 Newcastle Investment Corp. 94,608
 8,900 NorthStar Realty Finance Corp. 79,388
 100 Novastar Financial, Inc. (a) 289
 10,900 Omega Healthcare Investors, Inc. 174,945
 2,600 PS Business Parks, Inc. 136,630
 2,500 Parkway Properties, Inc. 92,450
 5,300 Pennsylvania Real Estate Investment Trust 157,304
 6,700 Post Properties, Inc. 235,304
 6,339 Potlatch Corp. 281,705
 10,840 RAIT Investment Trust 93,441
 3,000 Ramco-Gershenson Properties Trust 64,110
 16,600 Realty Income Corp. 448,532
 3,700 Redwood Trust, Inc. 126,688
 1,800 Saul Centers, Inc. 96,174
 13,700 Senior Housing Properties Trust 310,716

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
 3,200 Sovran Self Storage, Inc. $ 128,320
 12,100 Strategic Hotel Capital, Inc. 202,433
 3,100 Sun Communities, Inc. 65,317
 10,200 Sunstone Hotel Investors, Inc. 186,558
 5,300 Tanger Factory Outlet Centers, Inc. 199,863
 7,500 U-Store-It Trust 68,700
 1,900 Universal Health Realty Income Trust 67,336
 3,400 Urstadt Biddle Properties, Inc. Class A 52,700
 7,400 Washington Real Estate Investment Trust 232,434
 6,200 Winthrop Realty Trust, Inc. 32,798
 -------------
 11,724,558
---------------------------------------------------------------------------------------------------------------
Recreational Vehicles & Boats 2,300 Arctic Cat, Inc. 27,462
- 0.2% 10,900 Fleetwood Enterprises, Inc. (a) 65,182
 1,600 Marine Products Corp. 11,216
 4,800 Monaco Coach Corp. 42,624
 5,800 Polaris Industries, Inc. 277,066
 4,800 Winnebago Industries, Inc. 100,896
 -------------
 524,446
---------------------------------------------------------------------------------------------------------------
Rental & Leasing Services: 2,800 Electro Rent Corp. 41,580
Commercial - 0.1% 2,400 H&E Equipment Services, Inc. (a) 45,312
 3,900 McGrath RentCorp 100,425
 -------------
 187,317
---------------------------------------------------------------------------------------------------------------
Rental & Leasing Services: 7,500 Aaron Rents, Inc. 144,300
Consumer - 0.2%
 1,700 Amerco, Inc. (a) 111,656
 3,800 Dollar Thrifty Automotive Group, Inc. (a) 89,984
 2,700 RSC Holdings, Inc. (a) 33,885
 11,400 Rent-A-Center, Inc. (a) 165,528
 -------------
 545,353
---------------------------------------------------------------------------------------------------------------
Restaurants - 1.2% 4,500 AFC Enterprises, Inc. (a) 50,940
 2,400 BJ's Restaurants, Inc. (a) 39,024
 1,200 Benihana, Inc. Class A (a) 15,300
 4,900 Bob Evans Farms, Inc. 131,957
 2,600 Buffalo Wild Wings, Inc. (a) 60,372
 4,058 CBRL Group, Inc. 131,439
 4,100 CEC Entertainment, Inc. (a) 106,436
 10,000 CKE Restaurants, Inc. 132,000
 5,250 California Pizza Kitchen, Inc. (a) 81,742
 2,500 Carrols Restaurant Group, Inc. (a) 23,950
 5,200 Chipotle Mexican Grill, Inc. Class B (a) 639,860
 16,900 Denny's Corp. (a) 63,375
 6,700 Domino's Pizza, Inc. 88,641
 2,500 IHOP Corp. 91,450
 10,100 Jack in the Box, Inc. (a) 260,277
 6,400 Jamba, Inc. (a) 23,680
 10,500 Krispy Kreme Doughnuts, Inc. (a) 33,180
 2,500 Landry's Restaurants, Inc. 49,250
 1,800 McCormick & Schmick's Seafood Restaurants, Inc. (a) 21,474
 700 Morton's Restaurant Group, Inc. (a) 6,531
 4,100 O'Charleys, Inc. 61,418
 4,200 P.F. Chang's China Bistro, Inc. (a) 95,928
 3,900 Papa John's International, Inc. (a) 88,530
 2,300 Red Robin Gourmet Burgers, Inc. (a) 73,577
 8,800 Ruby Tuesday, Inc. 85,800
 3,000 Ruth's Chris Steak House, Inc. (a) 26,820
 9,770 Sonic Corp. (a) 213,963
 4,600 The Steak n Shake Co. (a) 50,140

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
 8,600 Texas Roadhouse, Inc. Class A (a) $ 95,116
 10,200 Triarc Cos. 89,352
 -------------
 2,931,522
---------------------------------------------------------------------------------------------------------------
Retail - 2.7% 4,800 1-800-FLOWERS.COM, Inc. Class A (a) 41,904
 7,500 99 Cents Only Stores (a) 59,700
 3,200 A.C. Moore Arts & Crafts, Inc. (a) 44,000
 3,400 Asbury Automotive Group, Inc. 51,170
 11,000 Aeropostale, Inc. (a) 291,500
 4,100 bebe Stores, Inc. 52,726
 4,000 Big 5 Sporting Goods Corp. 57,680
 30,900 Blockbuster, Inc. Class A (a) 120,510
 2,300 Blue Nile, Inc. (a) 156,538
 1,300 The Bon-Ton Stores, Inc. 12,337
 3,100 Books-A-Million, Inc. 36,952
 9,300 Borders Group, Inc. 99,045
 7,125 Brown Shoe Co., Inc. 108,086
 2,300 The Buckle, Inc. 75,900
 2,500 Build-A-Bear Workshop, Inc. (a) 34,875
 7,200 CSK Auto Corp. (a) 36,072
 5,600 Cabela's, Inc. Class A (a) 84,392
 2,600 Cache, Inc. (a) 24,284
 6,700 Casual Male Retail Group, Inc. 34,706
 5,300 The Cato Corp. Class A 82,998
 11,369 Central Garden & Pet Co. Class A (a) 60,938
 4,100 Charlotte Russe Holding, Inc. (a) 66,215
 17,400 Charming Shoppes, Inc. (a) 94,134
 3,300 The Children's Place Retail Stores, Inc. (a) 85,569
 5,800 Christopher & Banks Corp. 66,410
 10,000 Collective Brands, Inc. (a) 173,900
 1,500 Conn's, Inc. (a) 25,665
 7,600 Dress Barn, Inc. (a) 95,076
 3,800 Eddie Bauer Holdings, Inc. (a) 24,130
 6,300 Ezcorp, Inc. (a) 71,127
 2,300 FTD Group, Inc. 29,624
 6,500 Fred's, Inc. 62,595
 3,600 GSI Commerce, Inc. (a) 70,200
 2,800 Gaiam, Inc. (a) 83,104
 500 Gander Mountain Co. (a) 2,465
 3,800 Genesco, Inc. (a) 143,640
 3,900 Group 1 Automotive, Inc. 92,625
 4,900 Gymboree Corp. (a) 149,254
 5,550 Hibbett Sports, Inc. (a) 110,889
 7,800 Hot Topic, Inc. (a) 45,396
 8,100 Insight Enterprises, Inc. (a) 147,744
 4,000 Jo-Ann Stores, Inc. (a) 52,320
 3,125 Jos. A. Bank Clothiers, Inc. (a) 88,906
 979 Lawson Products, Inc. 37,124
 2,600 Lithia Motors, Inc. Class A 35,698
 2,600 MarineMax, Inc. (a) 40,300
 8,400 Men's Wearhouse, Inc. 226,632
 3,500 New York & Co. (a) 22,330
 2,800 Overstock.com, Inc. (a) 43,484
 900 PC Connection, Inc. (a) 10,215
 10,600 Pacific Sunwear of California, Inc. (a) 149,566
 3,700 The Pantry, Inc. (a) 96,681
 7,100 The Pep Boys - Manny, Moe & Jack 81,508
 4,100 PetMed Express, Inc. (a) 49,610
 14,400 Pier 1 Imports, Inc. (a) 75,312

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
 1,900 PriceSmart, Inc. $ 57,114
 6,000 Priceline.com, Inc. (a) 689,160
 3,500 Retail Ventures, Inc. (a) 17,815
 5,400 Rush Enterprises, Inc. Class A (a) 98,172
 2,700 Russ Berrie & Co., Inc. (a) 44,172
 14,000 Sally Beauty Co., Inc. (a) 126,700
 3,700 School Specialty, Inc. (a) 127,835
 2,100 Shutterfly, Inc. (a) 53,802
 5,000 Sonic Automotive, Inc. 96,800
 7,050 Stage Stores, Inc. 104,340
 3,300 Stamps.com, Inc. 40,194
 4,400 Stein Mart, Inc. 20,856
 500 Syms Corp. 7,550
 1,300 Systemax, Inc. 26,416
 3,700 The Talbots, Inc. 43,734
 4,900 Tuesday Morning Corp. 24,843
 3,700 Tween Brands, Inc. (a) 97,976
 7,000 United Natural Foods, Inc. (a) 222,040
 5,100 ValueVision Media, Inc. Class A (a) 32,079
 2,200 Volcom, Inc. (a) 48,466
 12,600 The Wet Seal, Inc. Class A (a) 29,358
 6,500 Zale Corp. (a) 104,390
 3,100 Zumiez, Inc. (a) 75,516
 -------------
 6,405,089
---------------------------------------------------------------------------------------------------------------
Savings & Loan - 1.0% 3,400 Anchor Bancorp Wisconsin, Inc. 79,968
 9,900 Bank Mutual Corp. 104,643
 8,100 BankAtlantic Bancorp, Inc. Class A 33,210
 5,200 BankUnited Financial Corp. Class A 35,880
 1,400 Berkshire Hills Bancorp, Inc. 36,400
 10,200 Brookline Bancorp, Inc. 103,632
 4,400 Dime Community Bancshares, Inc. 56,188
 3,100 Downey Financial Corp. 96,441
 2,300 First Financial Holdings, Inc. 63,066
 2,225 First Indiana Corp. 71,200
 15,300 First Niagara Financial Group, Inc. 184,212
 2,300 First Place Financial Corp. 32,177
 2,400 FirstFed Financial Corp. (a) 85,968
 7,100 Flagstar Bancorp, Inc. 49,487
 3,400 Flushing Financial Corp. 54,570
 1,700 Great Southern Bancorp, Inc. 37,332
 1,950 Horizon Financial Corp. 34,008
 1,900 IBERIABANK Corp. 88,825
 1,300 Imperial Capital Bancorp, Inc. 23,790
 4,500 KNBT Bancorp, Inc. 69,390
 3,500 Kearny Financial Corp. 41,685
 200 NASB Financial, Inc. 5,204
 18,500 NewAlliance Bancshares, Inc. 213,120
 3,000 Northwest Bancorp, Inc. 79,710
 5,800 Ocwen Financial Corp. (a) 32,132
 3,600 PFF Bancorp, Inc. 43,344
 10,700 Provident Financial Services, Inc. 154,294
 6,900 Provident New York Bancorp 89,148
 1,400 Rockville Financial, Inc. 17,080
 900 Roma Financial Corp. 14,121
 8,460 Sterling Financial Corp. 142,043
 3,200 TierOne Corp. 70,880
 4,400 United Community Financial Corp. 24,288
 1,300 ViewPoint Financial Group 21,489

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
 18,600 W Holding Co., Inc. $ 22,506
 1,700 Westfield Financial, Inc. 16,490
 -------------
 2,327,921
---------------------------------------------------------------------------------------------------------------
Scientific Equipment & 6,400 Newport Corp. (a) 81,856
Suppliers - 0.2% 4,900 Varian, Inc. (a) 319,970
 -------------
 401,826
---------------------------------------------------------------------------------------------------------------
Securities Brokerage & 8,600 Centerline Holding Co. 65,532
Services - 0.5% 2,500 GFI Group, Inc. (a) 239,300
 4,300 KBW, Inc. (a) 110,037
 15,600 Knight Capital Group, Inc. Class A (a) 224,640
 8,700 LaBranche & Co., Inc. (a) 43,848
 12,300 Ladenburg Thalmann Financial Services, Inc. (a) 26,076
 5,100 MarketAxess Holdings, Inc. (a) 65,433
 6,700 optionsXpress Holdings, Inc. 226,594
 1,800 Penson Worldwide, Inc. (a) 25,830
 4,200 SWS Group, Inc. 53,214
 2,821 Thomas Weisel Partners Group, Inc. (a) 38,732
 -------------
 1,119,236
---------------------------------------------------------------------------------------------------------------
Services: Commercial - 3.0% 7,200 ABM Industries, Inc. 146,808
 5,600 AMN Healthcare Services, Inc. (a) 96,152
 3,800 Administaff, Inc. 107,464
 3,100 The Advisory Board Co. (a) 198,989
 3,000 Ambassadors Group, Inc. 54,930
 2,000 Ambassadors International, Inc. 29,160
 700 Barrett Business Services, Inc. 12,607
 7,700 CBIZ, Inc. (a) 75,537
 2,200 CDI Corp. 53,372
 2,000 CRA International, Inc. (a) 95,220
 3,700 Casella Waste Systems, Inc. (a) 48,248
 3,900 Chemed Corp. 217,932
 3,100 CoStar Group, Inc. (a) 146,475
 4,800 Coinstar, Inc. (a) 135,120
 1,700 Cornell Cos., Inc. (a) 39,644
 5,600 Cross Country Healthcare, Inc. (a) 79,744
 4,600 Diamond Management & Technology Consultants, Inc. 33,442
 4,100 DynCorp. International, Inc. (a) 110,208
 2,800 Exponent, Inc. (a) 75,712
 7,400 FTI Consulting, Inc. (a) 456,136
 1,300 First Advantage Corp. Class A (a) 21,411
 2,400 Forrester Research, Inc. (a) 67,248
 3,600 G&K Services, Inc. Class A 135,072
 8,200 The Geo Group, Inc. (a) 229,600
 4,600 Gevity HR, Inc. 35,374
 2,680 Global Sources Ltd. (a) 75,630
 8,800 Harris Interactive, Inc. (a) 37,488
 3,100 Heidrick & Struggles International, Inc. 115,041
 5,900 Home Solutions of America, Inc. (a) 5,900
 4,100 Hudson Highland Group, Inc. (a) 34,481
 1,300 ICT Group, Inc. (a) 15,535
 15,100 IKON Office Solutions, Inc. 196,602
 4,900 Jackson Hewitt Tax Service, Inc. 155,575
 3,800 Kelly Services, Inc. Class A 70,908
 5,100 Kforce, Inc. (a) 49,725
 4,900 The Knot, Inc. (a) 78,106
 7,200 Korn/Ferry International (a) 135,504
 1,700 Liquidity Services, Inc. (a) 21,930
 2,700 MAXIMUS, Inc. 104,247
 16,600 MPS Group, Inc. (a) 181,604

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
 2,700 Midas, Inc. (a) $ 39,582
 3,000 Monro Muffler, Inc. 58,470
 7,900 Navigant Consulting, Inc. (a) 107,993
 7,000 Net 1 UEPS Technologies, Inc. (a) 205,520
 5,300 On Assignment, Inc. (a) 37,153
 4,600 Orbitz Worldwide, Inc. (a) 39,100
 8,700 PHH Corp. (a) 153,468
 4,300 People Support, Inc. (a) 58,824
 4,300 Perficient, Inc. (a) 67,682
 1,600 Pre-Paid Legal Services, Inc. (a) 88,560
 2,100 The Providence Service Corp. (a) 59,094
 7,200 Regis Corp. 201,312
 8,400 Resources Connection, Inc. 152,544
 7,400 Rollins, Inc. 142,080
 8,100 Source Interlink Cos., Inc. (a) 23,328
 10,000 Spherion Corp. (a) 72,800
 600 Standard Parking Corp. (a) 29,094
 2,300 Steiner Leisure Ltd. (a) 101,568
 6,300 TeleTech Holdings, Inc. (a) 134,001
 9,800 Tetra Tech, Inc. (a) 210,700
 600 Travelzoo, Inc. (a) 8,208
 7,500 TrueBlue, Inc. (a) 108,600
 2,000 Unifirst Corp. 76,000
 3,400 Viad Corp. 107,372
 2,250 Volt Information Sciences, Inc. (a) 41,085
 11,100 Waste Connections, Inc. (a) 342,990
 700 Waste Industries USA, Inc. 25,410
 3,133 Waste Services, Inc. (a) 26,850
 6,900 Watson Wyatt Worldwide, Inc. 320,229
 4,600 World Fuel Services Corp. 133,538
 -------------
 7,153,036
---------------------------------------------------------------------------------------------------------------
Shipping - 0.6% 8,500 American Commercial Lines, Inc. (a) 138,040
 1,600 Arlington Tankers Ltd 35,408
 2,500 Double Hull Tankers, Inc. 30,600
 7,100 Eagle Bulk Shipping, Inc. 188,505
 3,100 Genco Shipping & Trading Ltd. 169,756
 4,200 General Maritime Corp. 102,690
 6,000 Golar LNG Ltd. 132,720
 3,900 Gulfmark Offshore, Inc. (a) 182,481
 5,000 Horizon Lines, Inc. Class A 93,200
 2,300 Knightsbridge Tankers Ltd. 55,545
 4,500 Nordic American Tanker Shipping Ltd. 147,690
 5,400 Ship Finance International Ltd. 149,634
 600 TBS International Ltd. (a) 19,836
 -------------
 1,446,105
---------------------------------------------------------------------------------------------------------------
Shoes - 0.5% 2,600 DSW, Inc. Class A (a) 48,776
 2,000 Deckers Outdoor Corp. (a) 310,120
 6,800 The Finish Line, Inc. Class A 16,456
 1,000 Heelys, Inc. (a) 6,960
 8,300 Iconix Brand Group, Inc. (a) 163,178
 4,200 K-Swiss, Inc. Class A 76,020
 1,600 Kenneth Cole Productions, Inc. Class A 27,984
 1,500 Shoe Carnival, Inc. (a) 21,165
 3,200 Skechers U.S.A., Inc. Class A (a) 62,432
 3,300 Steven Madden Ltd. (a) 66,000
 7,600 Timberland Co. Class A (a) 137,408
 800 Weyco Group, Inc. 22,000

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
 8,800 Wolverine World Wide, Inc. $ 215,776
 -------------
 1,174,275
---------------------------------------------------------------------------------------------------------------
Steel - 0.3% 958 Claymont Steel, Inc. (a) 22,369
 1,500 Esmark, Inc. (a) 21,195
 4,100 Gibraltar Industries, Inc. 63,222
 1,400 Olympic Steel, Inc. 44,394
 3,500 Schnitzer Steel Industries, Inc. Class A 241,955
 1,300 Universal Stainless & Alloy Products, Inc. (a) 46,241
 11,200 Worthington Industries, Inc. 200,256
 -------------
 639,632
---------------------------------------------------------------------------------------------------------------
Sugar - 0.0% 1,900 Imperial Sugar Co. New Shares 35,663
---------------------------------------------------------------------------------------------------------------
Telecommunications Equipment 100 Airvana, Inc. (a) 543
- 0.6% 24,544 Arris Group, Inc. (a) 244,944
 2,800 Audiovox Corp. Class A (a) 34,720
 7,300 Belden, Inc. 324,850
 6,900 Mastec, Inc. (a) 70,173
 2,100 OpNext, Inc. (a) 18,585
 7,800 Plantronics, Inc. 202,800
 14,300 Polycom, Inc. (a) 397,254
 20,500 Powerwave Technologies, Inc. (a) 82,615
 200 Preformed Line Products Co. 11,900
 8,000 Symmetricom, Inc. (a) 37,680
 -------------
 1,426,064
---------------------------------------------------------------------------------------------------------------
Textile Products - 0.1% 8,900 Interface, Inc. Class A 145,248
---------------------------------------------------------------------------------------------------------------
Textiles Apparel 8,800 Carter's, Inc. (a) 170,280
Manufacturers - 0.7% 1,400 Cherokee, Inc. 45,178
 2,200 Columbia Sportswear Co. 96,998
 1,600 G-III Apparel Group, Ltd. (a) 23,632
 6,070 J. Crew Group, Inc. (a) 292,635
 4,200 Kellwood Co. 69,888
 2,200 Lululemon Athletica, Inc. (a) 104,214
 3,000 Maidenform Brands, Inc. (a) 40,590
 2,500 Oxford Industries, Inc. 64,425
 1,950 Perry Ellis International, Inc. (a) 29,991
 20,100 Quiksilver, Inc. (a) 172,458
 2,600 True Religion Apparel, Inc. (a) 55,510
 3,900 Under Armour, Inc. Class A (a) 170,313
 7,500 The Warnaco Group, Inc. (a) 261,000
 -------------
 1,597,112
---------------------------------------------------------------------------------------------------------------
Tires & Rubber - 0.1% 10,000 Cooper Tire & Rubber Co. 165,800
 3,600 Titan International, Inc. 112,536
 -------------
 278,336
---------------------------------------------------------------------------------------------------------------
Tobacco - 0.2% 15,700 Alliance One International, Inc. (a) 63,899
 2,500 Schweitzer-Mauduit International, Inc. 64,775
 4,400 Universal Corp. 225,368
 5,519 Vector Group Ltd. 110,711
 -------------
 464,753
---------------------------------------------------------------------------------------------------------------
Toys - 0.2% 4,700 Jakks Pacific, Inc. (a) 110,967
 5,600 Leapfrog Enterprises, Inc. (a) 37,688
 8,300 Marvel Entertainment, Inc. (a) 221,693
 -------------
 370,348
---------------------------------------------------------------------------------------------------------------
Transportation Miscellaneous 4,000 Celadon Group, Inc. (a) 36,640
- 0.2% 1,400 Dynamex, Inc. (a) 37,884
 6,300 HUB Group, Inc. Class A (a) 167,454
 7,900 Odyssey Marine Exploration, Inc. (a) 48,901
 6,000 Pacer International, Inc. 87,600

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
 600 Textainer Group Holdings Ltd. $ 8,718
 2,500 Ultrapetrol Bahamas Ltd. (a) 42,525
 -------------
 429,722
---------------------------------------------------------------------------------------------------------------
Truckers - 0.4% 3,100 Arkansas Best Corp. 68,014
 5,100 Forward Air Corp. 158,967
 10,100 Heartland Express, Inc. 143,218
 9,350 Knight Transportation, Inc. 138,473
 2,500 Marten Transport Ltd. (a) 34,875
 4,850 Old Dominion Freight Line, Inc. (a) 112,084
 100 Patriot Transportation Holding, Inc. (a) 9,223
 2,600 Saia, Inc. (a) 34,580
 1,000 Universal Truckload Services, Inc. (a) 19,160
 7,400 Werner Enterprises, Inc. 126,022
 -------------
 844,616
---------------------------------------------------------------------------------------------------------------
Utilities: Cable TV & Radio 8,800 Mediacom Communications Corp. Class A (a) 40,392
- 0.0%
---------------------------------------------------------------------------------------------------------------
Utilities: Electrical - 1.5% 4,100 Allete, Inc. 162,278
 8,500 Avista Corp. 183,090
 6,100 Black Hills Corp. 269,010
 2,600 CH Energy Group, Inc. 115,804
 1,300 Central Vermont Public Service Corp. 40,092
 9,600 Cleco Corp. 266,880
 7,800 El Paso Electric Co. (a) 199,446
 5,300 The Empire District Electric Co. 120,734
 6,700 IDACORP, Inc. 235,974
 6,700 ITC Holdings Corp. 378,014
 3,500 MGE Energy, Inc. 124,145
 5,400 NorthWestern Corp. 159,300
 4,800 Otter Tail Corp. 166,080
 11,800 PNM Resources, Inc. 253,110
 2,800 Pike Electric Corp. (a) 46,928
 4,700 Portland General Electric Co. 130,566
 4,333 UIL Holdings Corp. 160,104
 5,700 Unisource Energy Corp. 179,835
 15,800 Westar Energy, Inc. 409,852
 -------------
 3,601,242
---------------------------------------------------------------------------------------------------------------
Utilities: Gas Distributors 1,200 EnergySouth, Inc. 69,600
- 0.8% 3,500 The Laclede Group, Inc. 119,840
 4,600 New Jersey Resources Corp. 230,092
 7,000 Nicor, Inc. 296,450
 4,500 Northwest Natural Gas Co. 218,970
 12,100 Piedmont Natural Gas Co. 316,536
 5,000 South Jersey Industries, Inc. 180,450
 6,900 Southwest Gas Corp. 205,413
 7,500 WGL Holdings, Inc. 245,700
 -------------
 1,883,051
---------------------------------------------------------------------------------------------------------------
Utilities: Miscellaneous - 0.1% 61,000 Aquila, Inc. (a) 227,530
---------------------------------------------------------------------------------------------------------------
Utilities: Telecommunications 7,400 Alaska Communications Systems Group, Inc. 111,000
- 1.2% 1,200 Atlantic Tele-Network, Inc. 40,536
 4,800 Centennial Communications Corp. (a) 44,592
 42,200 Cincinnati Bell, Inc. (a) 200,450
 3,200 Consolidated Communications Holdings, Inc. 63,680
 5,300 FairPoint Communications, Inc. 69,006
 20,010 FiberTower Corp. (a) 45,623
 8,700 General Communication, Inc. Class A (a) 76,125
 6,000 Global Crossing Ltd. (a) 132,300
 2,100 Globalstar, Inc. (a) 16,800
 2,600 Golden Telecom, Inc. (a)(b) 262,470

 Shares
Industry Held Common Stocks Value
---------------------------------------------------------------------------------------------------------------
 18,600 ICO Global Communications Holdings Ltd. (a) $ 59,148
 8,100 IDT Corp. Class B 68,445
 2,800 iPCS, Inc. 100,772
 3,900 Ibasis, Inc. 20,007
 5,100 Iowa Telecommunications Services, Inc. 82,926
 4,100 NTELOS Holdings Corp. 121,729
 700 Neutral Tandem, Inc. (a) 13,314
 3,400 North Pittsburgh Systems, Inc. 83,957
 3,300 ORBCOMM, Inc. (a) 20,757
 11,470 PAETEC Holding Corp. (a) 111,833
 10,500 Premiere Global Services, Inc. (a) 155,925
 4,800 RCN Corp. 74,832
 1,800 Rural Cellular Corp. Class A (a) 79,362
 3,600 Shenandoah Telecom Co. 86,328
 2,400 SureWest Communications 41,040
 23,730 Time Warner Telecom, Inc. Class A (a) 481,482
 4,300 USA Mobility, Inc. 61,490
 3,600 Virgin Mobile USA, Inc. (a) 32,004
 -------------
 2,757,933
---------------------------------------------------------------------------------------------------------------
Utilities: Water - 0.2% 3,000 American States Water Co. 113,040
 3,100 California Water Service Group 114,762
 1,900 Consolidated Water Co., Inc. 47,861
 2,500 SJW Corp. 86,675
 3,965 Southwest Water Co. 49,642
 -------------
 411,980
---------------------------------------------------------------------------------------------------------------
Wholesale & International 5,800 Central European Distribution Corp. (a) 336,864
Trade - 0.1%
---------------------------------------------------------------------------------------------------------------
Wholesalers - 0.3% 8,230 Brightpoint, Inc. (a) 126,413
 2,200 Houston Wire & Cable Co. 31,108
 18,200 LKQ Corp. (a) 382,564
 1,400 MWI Veterinary Supply, Inc. (a) 56,000
 5,500 Prestige Brands Holdings, Inc. (a) 41,140
 3,800 United Stationers, Inc. (a) 175,598
 -------------
 812,823
---------------------------------------------------------------------------------------------------------------
 Total Common Stocks 205,289,669
 (Cost - $201,969,927) - 87.5%
---------------------------------------------------------------------------------------------------------------
 Investment Companies
---------------------------------------------------------------------------------------------------------------
 1,000 BlackRock Kelso Capital Corp. (e) 15,280
 2,300 Gladstone Capital Corp. 39,100
 5,500 Hercules Technology Growth Capital, Inc. 68,310
 1,100 Kayne Anderson Energy Development Co. 25,201
 4,400 Patriot Capital Funding, Inc. 44,396
 3,800 Pennantpark Investment Corp. 38,076
 3,000 Prospect Capital Corp. 39,150
---------------------------------------------------------------------------------------------------------------
 Total Investment Companies
 (Cost - $343,489) - 0.1% 269,513
---------------------------------------------------------------------------------------------------------------

 Rights
---------------------------------------------------------------------------------------------------------------
Chemicals - 0.0% 360 Medis Technologies Ltd. (a)(d) 0
---------------------------------------------------------------------------------------------------------------
 Total Rights 0
 (Cost - $0) - 0.0%
---------------------------------------------------------------------------------------------------------------

 Face
 Amount Short-Term Securities
---------------------------------------------------------------------------------------------------------------
Time Deposits - 13.7% $ 32,181,442 State Street Bank & Trust Co., 3.25% due 1/02/2008 32,181,442
---------------------------------------------------------------------------------------------------------------
 Total Short-Term Securities
 (Cost - $32,181,442) - 13.7% 32,181,442
---------------------------------------------------------------------------------------------------------------
 Total Investments Before Options Written
 (Cost - $234,494,858*) - 101.3% 237,740,624
---------------------------------------------------------------------------------------------------------------