Seligman Fund Facts

Fund Facts

Performance data quoted herein represents past performance. Past performance does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance maybe higher or lower than the performance data quoted.

Information about recently merged funds.
Information about recently renamed funds.

Columbia Select Smaller-Cap Value Fund

Prices as of June 30, 2011

	NAV ($)	POP ($)	Daily Change
Class A	16.67	17.69	0.15
Class B	14.60	n/a	0.13
Class C	14.61	n/a	0.13
Class R	16.28	n/a	0.15

Returns as of December 31, 2011

	Avg. Annual Return % (without Sales Charge)	Avg. Annual Return % (with Sales Charge)
Class A
1 year	-9.42	-14.60
3 year	16.16	13.90
5 year	-0.41	-1.59
10 year	5.50	4.88
Since inception on 04/25/1997	7.29	6.85
Class B
1 year	-10.15	-14.36
3 year	15.30	14.54
5 year	-1.17	-1.48
10 year	4.70	4.70
Since inception on 04/25/1997	6.49	6.49
Class C
1 year	-10.13	-10.97
3 year	15.32	15.32
5 year	-1.14	-1.14
10 year	4.71	4.71
Since inception on 05/27/1999	6.50	6.50
Class R
1 year	-9.69	n/a
3 year	15.82	n/a
5 year	-0.71	n/a
Since inception on 04/30/2003	6.98	n/a

Returns as of January 31, 2012

	Avg. Annual Return % (without Sales Charge)	Avg. Annual Return % (with Sales Charge)
Class A
1 year	-3.08	-8.66
3 year	24.00	21.59
5 year	1.05	-0.14
10 year	6.40	5.77
Since inception on 04/25/1997	7.83	7.40
Class B
1 year	-3.79	-8.31
3 year	23.07	22.40
5 year	0.28	-0.03
10 year	5.60	5.60
Since inception on 04/25/1997	7.04	7.04
Class C
1 year	-3.86	-4.76
3 year	23.04	23.04
5 year	0.31	0.31
10 year	5.61	5.61
Since inception on 05/27/1999	7.04	7.04
Class R
1 year	-3.28	n/a
3 year	23.67	n/a
5 year	0.75	n/a
Since inception on 04/30/2003	7.53	n/a

Returns reflect any change in price per share, and assume the reinvestment of dividends and capital gain distributions, if any. Returns for Class A shares are calculated with and without the effect of the maximum initial sales charge of 5.75% for equity funds and 4.75% for fixed income funds, except for RiverSource Absolute Return Currency and Income Fund, RiverSource Floating Rate Fund, RiverSource Inflation Protected Securities Fund, RiverSource Intermediate Tax-Exempt Fund, RiverSource Limited Duration Bond Fund and RiverSource Short Duration U.S. Government Fund, which have a maximum initial sales charge of 3.00%. RiverSource Cash Management Fund, RiverSource Tax-Exempt Money Market Fund and Seligman Cash Management Fund have no initial sales charge. Returns for Class B shares are calculated with and without the effect of a contingent deferred sales charge (CDSC) applied as follows: first year 5%; second year 4%; third and fourth years 3% (except that for shares purchased in a RiverSource fund, RiverSource Partners fund or Threadneedle fund prior to or on June 12, 2009, the CDSC percentage for the third year is 4%); fifth year 2%; sixth year 1%; and 0% thereafter. Returns for Class C shares are calculated with and without the effect of a 1% CDSC charged only on redemptions made within one year after purchase.

Effective June 15, 2009, the maximum sales charge for Class A shares of Seligman fixed income funds increased from 4.50% to 4.75%. The Class A returns (with sales charge) shown for the Seligman fixed income funds reflect the higher sales charge of 4.75%.

Expense ratios effective through February 29, 2012

	Gross Expense Ratio (%)¹	Net Expense Ratio (%)²
Class A	1.48	1.45
Class B	2.23	2.20
Class C	2.23	2.20
Class R	1.73	1.70
Class Z	1.23	1.20

The holdings information shown is based on the effective date (trade date plus one). Holdings information is reported to the Securities and Exchange Commission ("SEC") quarterly and is based on the trade date. Because there is a one day difference, there could be variations in the holdings information shown and that filed with the SEC. Top 10 holdings are shown in descending order of value and exclude short-term holdings and cash. Fund holdings are as of the date given, are subject to change at any time, and are not recommendations to buy or sell any security.

Security		% of Net Assets

The top 10 holdings represent 0.00 % of the Fund's net assets.

Security		Shares/ Principal	Market Value	% of Net Assets
1.	Seligman Capital Fund Cusip: 816326102	162,591	$2,840,465	21.80 %
2.	Seligman Global Smaller Companies Fund Cusip: 81633C207	248,941	$2,618,859	20.10 %
3.	Seligman Communications and Information Fund Cusip: 816333108	61,643	$2,023,123	15.52 %
4.	Seligman Smaller-Cap Value Fund Cusip: 816356406	153,688	$1,687,494	12.95 %
5.	Seligman Emerging Markets Fund Cusip: 81633C702	136,248	$1,310,706	10.06 %
6.	Seligman LaSalle Global Real Estate Fund Cusip: 81633A102	231,245	$661,361	5.07 %
7.	Seligman International Growth Fund Cusip: 81633C108	77,324	$655,707	5.03 %
8.	Seligman Large-Cap Value Fund Cusip: 816356109	35,239	$393,267	3.02 %
9.	Seligman Frontier Fund Cusip: 816334106	47,821	$391,654	3.01 %
10.	Seligman Growth Fund Cusip: 816335103	107,784	$386,945	2.97 %
11.	SSgA U.S. Treasury Money Market Fund Cusip: 784924847	60,144.52	$60,145	0.46 %
12.	Other Assets Less Liabilities Cusip: ZZ99999ZZ		$2,591	0.02 %
	Other Assets less Liabilities Cusip:		$0	-0.00 %
Net Assets			$13,032,316	100.00 %

Security		Shares/ Principal	Market Value	% of Net Assets
1.	Seligman Capital Fund Cusip: 816326102	167,691	$2,674,671	21.89 %
2.	Seligman Global Smaller Companies Fund Cusip: 81633C207	252,941	$2,435,822	19.94 %
3.	Seligman Communications and Information Fund Cusip: 816333108	62,668	$1,934,561	15.83 %
4.	Seligman Smaller-Cap Value Fund Cusip: 816356406	159,816	$1,596,562	13.07 %
5.	Seligman Emerging Markets Fund Cusip: 81633C702	139,548	$1,222,441	10.01 %
6.	Seligman LaSalle Global Real Estate Fund Cusip: 81633A102	231,945	$610,015	4.99 %
7.	Seligman International Growth Fund Cusip: 81633C108	77,924	$603,911	4.94 %
8.	Seligman Frontier Fund Cusip: 816334106	47,821	$368,222	3.01 %
9.	Seligman Large-Cap Value Fund Cusip: 816356109	35,239	$367,190	3.01 %
10.	Seligman Growth Fund Cusip: 816335103	109,284	$362,823	2.97 %
11.	SSgA U.S. Treasury Money Market Fund Cusip: 784924847	33,676.66	$33,677	0.28 %
12.	Other Assets Less Liabilities Cusip: ZZ99999ZZ		$8,024	0.07 %
	Other Assets less Liabilities Cusip:		$0	-0.00 %
Net Assets			$12,217,918	100.00 %

Security		Shares/ Principal	Market Value	% of Net Assets
1.	Seligman Capital Fund Cusip: 816326102	169,384	$2,710,144	22.13 %
2.	Seligman Global Smaller Companies Fund Cusip: 81633C207	257,531	$2,443,969	19.95 %
3.	Seligman Communications and Information Fund Cusip: 816333108	64,667	$1,938,717	15.83 %
4.	Seligman Smaller-Cap Value Fund Cusip: 816356406	160,957	$1,595,083	13.02 %
5.	Seligman Emerging Markets Fund Cusip: 81633C702	137,380	$1,232,299	10.06 %
6.	Seligman LaSalle Global Real Estate Fund Cusip: 81633A102	229,054	$620,736	5.07 %
7.	Seligman International Growth Fund Cusip: 81633C108	76,059	$611,514	4.99 %
8.	Seligman Large-Cap Value Fund Cusip: 816356109	34,793	$369,154	3.01 %
9.	Seligman Growth Fund Cusip: 816335103	111,316	$368,456	3.01 %
10.	Seligman Frontier Fund Cusip: 816334106	48,949	$365,160	2.98 %
11.	Other Assets Less Liabilities Cusip: ZZ99999ZZ		$-7,148	-0.06 %
	Other Assets less Liabilities Cusip:		$0	-0.00 %
Net Assets			$12,248,083	100.00 %

Security		Shares/ Principal	Market Value	% of Net Assets
1.	Seligman Capital Fund Cusip: 816326102	171,018	$2,573,821	22.12 %
2.	Seligman Global Smaller Companies Fund Cusip: 81633C207	276,247	$2,337,050	20.08 %
3.	Seligman Communications and Information Fund Cusip: 816333108	62,231	$1,840,793	15.82 %
4.	Seligman Smaller-Cap Value Fund Cusip: 816356406	165,029	$1,534,770	13.19 %
5.	Seligman Emerging Markets Fund Cusip: 81633C702	154,111	$1,152,750	9.91 %
6.	Seligman International Growth Fund Cusip: 81633C108	81,094	$578,200	4.97 %
7.	Seligman LaSalle Global Real Estate Fund Cusip: 81633A102	224,519	$563,543	4.84 %
8.	Seligman Frontier Fund Cusip: 816334106	49,003	$354,292	3.04 %
9.	Seligman Growth Fund Cusip: 816335103	111,169	$350,182	3.01 %
10.	Seligman Large-Cap Value Fund Cusip: 816356109	35,450	$345,637	2.97 %
11.	SSgA U.S. Treasury Money Market Fund Cusip: 784924847	9,745	$9,745	0.08 %
12.	Other Assets Less Liabilities Cusip: ZZ99999ZZ		$-3,548	-0.03 %
	Other Assets less Liabilities Cusip:		$12	0.00 %
Net Assets			$11,637,247	100.00 %

Security		% of Net Assets
1.	MELCO CROWN ENTERTAINME-ADR	1.63
2.	OLAM INTERNATIONAL LTD	1.21
3.	HEXAGON AB-B SHS	1.19
4.	KANSAI PAINT CO LTD	1.07
5.	LOCALIZA RENT A CAR	1.07
6.	INTERTEK GROUP PLC	1.01
7.	ZHAOJIN MINING INDUSTRY - H	0.99
8.	FUGRO NV-CVA	0.93
9.	ATWOOD OCEANICS INC	0.91
10.	SIMPLO TECHNOLOGY CO LTD	0.91

The top 10 holdings represent 10.92 % of the Fund's net assets.

Security		Shares/ Principal	Market Value	% of Net Assets
1.	COLUMBIA SHORT TERM CASH FUND Cusip: 19766H239	17,041,832.72	$17,041,832	4.94 %
2.	MELCO CROWN ENTERTAINME-ADR Cusip: 585464100	371,700	$5,623,821	1.63 %
3.	OLAM INTERNATIONAL LTD Cusip: 679300996	1,910,600	$4,176,521	1.21 %
4.	HEXAGON AB-B SHS Cusip: 428270995	201,718	$4,105,451	1.19 %
5.	KANSAI PAINT CO LTD Cusip: 484585997	401,600	$3,708,682	1.07 %
6.	LOCALIZA RENT A CAR Cusip: 539570994	228,300	$3,680,239	1.07 %
7.	INTERTEK GROUP PLC Cusip: 461128993	111,200	$3,491,173	1.01 %
8.	ZHAOJIN MINING INDUSTRY - H Cusip: 989453998	1,714,000	$3,411,858	0.99 %
9.	FUGRO NV-CVA Cusip: 359539996	41,635	$3,209,483	0.93 %
10.	ATWOOD OCEANICS INC Cusip: 050095108	67,591	$3,156,499	0.91 %
11.	SIMPLO TECHNOLOGY CO LTD Cusip: 828865998	364,980	$3,145,612	0.91 %
12.	LIFESTYLE INTL HLDGS LTD Cusip: 532201993	956,000	$3,122,143	0.90 %
13.	NASPERS LTD-N SHS Cusip: 631555992	58,238	$3,116,797	0.90 %
14.	ASICS CORP Cusip: 045425998	193,800	$2,938,614	0.85 %
15.	VOPAK Cusip: 928875996	58,627	$2,926,007	0.85 %
16.	NEOPOST SA Cusip: 640479994	36,000	$2,876,731	0.83 %
17.	SHAWCOR LTD-CLASS A Cusip: 820904993	90,747	$2,849,348	0.83 %
18.	SIKA AG-BR Cusip: 826770992	1,213	$2,838,337	0.82 %
19.	RHEINMETALL AG Cusip: 762100998	33,400	$2,795,593	0.81 %
20.	MR PRICE GROUP LTD Cusip: 606368991	244,284	$2,691,496	0.78 %
21.	WOONGJIN COWAY CO LTD Cusip: 980760995	68,800	$2,656,318	0.77 %
22.	NOVOZYMES A/S-B SHARES Cusip: 670110998	16,248	$2,649,745	0.77 %
23.	IMTECH NV Cusip: 459370995	81,903	$2,641,910	0.77 %
24.	TEN CATE NV Cusip: 500501994	75,588	$2,630,746	0.76 %
25.	CCL INDUSTRIES INC - CL B Cusip: 141246991	77,383	$2,624,113	0.76 %
26.	UNIT 4 AGRESSO NV Cusip: 909198996	78,450	$2,602,618	0.75 %
27.	CHEMRING GROUP PLC Cusip: 163528995	288,674	$2,596,154	0.75 %
28.	ISRAEL CHEMICALS LTD Cusip: 465000990	153,478	$2,580,508	0.75 %
29.	ALEXION PHARMACEUTICALS INC Cusip: 015351109	43,644	$2,478,979	0.72 %
30.	KUEHNE & NAGEL INTL AG-REG Cusip: 501185995	17,271	$2,414,534	0.70 %
31.	AALBERTS INDUSTRIES NV Cusip: 010198992	121,986	$2,376,549	0.69 %
32.	PARTNERS GROUP HOLDING AG Cusip: 702128992	12,450	$2,366,101	0.69 %
33.	GEBERIT AG-REG Cusip: 368394995	9,855	$2,325,544	0.67 %
34.	SEVEN BANK LTD Cusip: 817825995	1,115	$2,293,771	0.66 %
35.	EUROFINS SCIENTIFIC Cusip: 298540998	25,400	$2,291,347	0.66 %
36.	FAR EASTONE TELECOMM CO LTD Cusip: 310532999	1,379,000	$2,280,313	0.66 %
37.	ADCOCK INGRAM HOLDINGS LTD Cusip: 000736991	245,600	$2,241,747	0.65 %
38.	MILLS ESTRUTURAS E SERVICOS Cusip: 600947998	159,300	$2,170,428	0.63 %
39.	AEON DELIGHT CO LTD Cusip: 008166993	98,000	$2,163,024	0.63 %
40.	PRESIDENT CHAIN STORE CORP Cusip: 740910997	330,700	$2,115,752	0.61 %
41.	CDL HOSPITALITY TRUSTS Cusip: 125098996	1,221,400	$2,108,293	0.61 %
42.	SUZANO PAPEL E CELULOSE SA Cusip: 869410993	315,225	$2,091,540	0.61 %
43.	BIOMARIN PHARMACEUTICAL INC Cusip: 09061G101	66,594	$2,079,730	0.60 %
44.	SWECO AB-B SHS Cusip: 860044999	206,411	$2,050,527	0.59 %
45.	MAPLETREE LOGISTICS TRUST Cusip: 565437993	2,655,000	$2,027,898	0.59 %
46.	GEMALTO Cusip: 368620993	42,400	$2,020,051	0.59 %
47.	MAPLETREE INDUSTRIAL TRUST Cusip: 565426996	1,965,000	$1,995,322	0.58 %
48.	ASCENDAS REAL ESTATE INV TRT Cusip: 043740992	1,168,549	$1,978,979	0.57 %
49.	RATIONAL AG Cusip: 754190999	7,293	$1,975,097	0.57 %
50.	UGL LIMITED Cusip: 910465996	131,813	$1,941,236	0.56 %
51.	WIRECARD AG Cusip: 976532994	112,541	$1,934,268	0.56 %
52.	RHOEN-KLINIKUM AG Cusip: 762421998	77,525	$1,931,936	0.56 %
53.	COCHLEAR LIMITED Cusip: 191275999	24,810	$1,930,529	0.56 %
54.	HOSHIZAKI ELECTRIC CO LTD Cusip: 440939999	83,000	$1,883,984	0.55 %
55.	ORIX JREIT INC Cusip: 686477993	340	$1,873,448	0.54 %
56.	UNITED DRUG PLC Cusip: 910198993	547,152	$1,836,502	0.53 %
57.	GRUPO AEROPORTUARIO SUR-ADR Cusip: 40051E202	30,797	$1,836,117	0.53 %
58.	WORLD FUEL SERVICES CORP Cusip: 981475106	48,743	$1,834,199	0.53 %
59.	CHINA YURUN FOOD GROUP LTD Cusip: 902723998	572,000	$1,795,287	0.52 %
60.	L OCCITANE INTERNATIONAL SA Cusip: 502362999	652,550	$1,794,776	0.52 %
61.	JAIN IRRIGATION SYSTEMS LTD Cusip: 468926993	455,940	$1,794,603	0.52 %
62.	ARCHIPELAGO RESOURCES PLC Cusip: 03956P995	1,418,180	$1,769,183	0.51 %
63.	RMI HOLDINGS Cusip: B50NQ6998	942,400	$1,749,990	0.51 %
64.	KAMIGUMI CO LTD Cusip: 483630992	174,000	$1,732,152	0.50 %
65.	SHINSEI BANK LTD Cusip: 824854996	1,359,800	$1,726,409	0.50 %
66.	JARDINE LLOYD THOMPSON GROUP Cusip: 471110999	163,300	$1,719,627	0.50 %
67.	ASAHI DIAMOND INDUSTRIAL CO Cusip: 605478007	72,200	$1,707,438	0.49 %
68.	NORTHAM PLATINUM LTD Cusip: 663533990	306,900	$1,701,460	0.49 %
69.	BAYTEX ENERGY CORP Cusip: 072450992	30,477	$1,701,123	0.49 %
70.	HAMAMATSU PHOTONICS KK Cusip: 406500991	37,600	$1,691,951	0.49 %
71.	NAKANISHI INC Cusip: 629745993	16,262	$1,690,009	0.49 %
72.	WORKSPACE GROUP PLC Cusip: 980904999	3,798,850	$1,688,052	0.49 %
73.	CIR SPA Cusip: 172529992	708,300	$1,658,738	0.48 %
74.	GREE INC Cusip: 39264A999	71,900	$1,646,426	0.48 %
75.	ADVANCE RESIDENCE INVESTMENT Cusip: 656392982	780	$1,641,676	0.48 %
76.	SAI GLOBAL LTD Cusip: 78390Q999	330,000	$1,635,047	0.47 %
77.	ARCADIS NV Cusip: 039102991	69,222	$1,631,751	0.47 %
78.	BANK SARASIN & CIE AG-REG B Cusip: 066760992	38,226	$1,617,337	0.47 %
79.	MERSEN (EX CARBON LORRAINE) Cusip: 140899998	29,705	$1,605,272	0.46 %
80.	CORONATION FUND MANAGERS LTD Cusip: 662271998	535,500	$1,604,338	0.46 %
81.	FMC TECHNOLOGIES INC Cusip: 30249U101	34,939	$1,593,218	0.46 %
82.	NHN CORP Cusip: 629210998	8,000	$1,592,551	0.46 %
83.	KURARAY CO LTD Cusip: 501265995	104,800	$1,582,162	0.46 %
84.	KINTETSU WORLD EXPRESS INC Cusip: 496800996	46,051	$1,580,234	0.46 %
85.	CHINA STEEL CHEMICAL CORP Cusip: 613631993	276,900	$1,575,345	0.46 %
86.	NATURA COSMETICOS SA Cusip: 638846998	69,000	$1,562,104	0.45 %
87.	SAFT GROUPE SA Cusip: 786576991	47,900	$1,557,565	0.45 %
88.	RUBIS Cusip: 781200993	26,460	$1,544,017	0.45 %
89.	CTS EVENTIM Cusip: 229485990	42,092	$1,537,451	0.45 %
90.	AIN PHARMACIEZ INC Cusip: 008915993	37,492	$1,533,474	0.44 %
91.	SIMCORP A/S Cusip: 828591990	8,282	$1,533,452	0.44 %
92.	NEW ORIENTAL EDUCATIO-SP ADR Cusip: 647581107	12,000	$1,532,760	0.44 %
93.	MONGOLIAN MINING CORP Cusip: 609222997	1,239,000	$1,519,720	0.44 %
94.	PIERRE & VACANCES Cusip: 720840990	19,200	$1,517,869	0.44 %
95.	TERNA SPA Cusip: 880798996	330,100	$1,496,823	0.43 %
96.	IVANHOE MINES LTD Cusip: 46579N996	56,842	$1,488,499	0.43 %
97.	HOME PRODUCT CENTER PCL-FOR Cusip: 437298987	4,827,700	$1,486,582	0.43 %
98.	JUPITER TELECOMMUNICATIONS Cusip: 482065992	1,276	$1,486,187	0.43 %
99.	ST SHINE OPTICAL CO LTD Cusip: 792288995	95,600	$1,474,425	0.43 %
100.	TELEPERFORMANCE Cusip: 879445997	57,200	$1,473,646	0.43 %
101.	SA SA INTERNATIONAL HLDGS Cusip: 803103977	1,858,000	$1,471,803	0.43 %
102.	SERCO GROUP PLC Cusip: 817314990	165,000	$1,459,815	0.42 %
103.	MUNDRA PORT AND SEZ LIMITED Cusip: 625802996	446,000	$1,446,548	0.42 %
104.	KOMERCNI BANKA AS Cusip: 500457999	6,468	$1,445,111	0.42 %
105.	GLOBEOP FINANCIAL SERVICES Cusip: B1XM3X908	199,500	$1,444,140	0.42 %
106.	WACOM CO LTD Cusip: 930034996	1,248	$1,410,762	0.41 %
107.	MGM CHINA HOLDINGS LTD Cusip: B4P8HQ993	625,000	$1,395,348	0.40 %
108.	TSUMURA & CO Cusip: 898535992	41,904	$1,371,586	0.40 %
109.	PETER HAMBRO MINING PLC Cusip: 716017991	104,900	$1,370,046	0.40 %
110.	HUTCHINSON PORT HOLDINGS TRST Cusip: 448415984	1,800,000	$1,368,000	0.40 %
111.	OSAKA SECURITIES EXCHANGE CO Cusip: 687740993	271	$1,354,180	0.39 %
112.	STOCKMANN OYJ ABP-B SHARE Cusip: 861342996	51,339	$1,349,972	0.39 %
113.	AG GROWTH INTERNATIONAL INC Cusip: 001181999	28,700	$1,346,312	0.39 %
114.	RED ELECTRICA CORPORACION SA Cusip: 756499992	24,582	$1,338,795	0.39 %
115.	NORBERT DENTRESSANGLE Cusip: 655423994	11,400	$1,333,385	0.39 %
116.	MRV ENGENHARIA Cusip: 624747994	180,500	$1,327,984	0.38 %
117.	SINGAPORE EXCHANGE LTD Cusip: 829296888	213,000	$1,319,809	0.38 %
118.	IBIDEN CO LTD Cusip: 450800990	43,444	$1,314,764	0.38 %
119.	CORE LABORATORIES N.V. Cusip: N22717107	12,084	$1,313,289	0.38 %
120.	USHIO INC Cusip: 917295990	68,600	$1,290,261	0.37 %
121.	START TODAY CO LTD Cusip: 855701991	51,700	$1,288,653	0.37 %
122.	REDES ENERGETICAS NACIONAIS Cusip: 757299995	386,400	$1,272,993	0.37 %
123.	MAPLETREE COMMERCIAL TRUST Cusip: B5143W898	1,700,000	$1,270,658	0.37 %
124.	ANSALDO STS SPA Cusip: 036599991	128,983	$1,246,578	0.36 %
125.	DAISEKI CO LTD Cusip: 234025997	62,700	$1,236,177	0.36 %
126.	TAIWAN HON CHUAN ENTERPRISE Cusip: 871433991	411,000	$1,235,814	0.36 %
127.	PDG REALTY SA Cusip: 704536994	233,600	$1,229,116	0.36 %
128.	GLORY LTD Cusip: 379630999	51,862	$1,212,929	0.35 %
129.	NIPPON SHEET GLASS CO LTD Cusip: 654624998	380,000	$1,211,990	0.35 %
130.	KAKAKU.COM INC Cusip: 483059994	30,600	$1,210,410	0.35 %
131.	ONEX CORP CAD Cusip: 265951897	32,100	$1,203,435	0.35 %
132.	ASIAN PAINTS LTD Cusip: 045176997	17,000	$1,202,841	0.35 %
133.	NEXT PLC ORD Cusip: 652500992	30,900	$1,201,106	0.35 %
134.	DUFRY GROUP-REG Cusip: 265001990	10,100	$1,194,085	0.35 %
135.	IVANHOE MINES LTD Cusip: 46579N103	45,424	$1,191,471	0.35 %
136.	FORMOSA INTERNATIONAL HOTELS Cusip: 346387996	70,808	$1,188,443	0.34 %
137.	SHIMADZU CORP Cusip: 824920995	127,000	$1,178,318	0.34 %
138.	GOODPACK LTD Cusip: 382386993	750,000	$1,175,239	0.34 %
139.	QUIMICA Y MINERA CHIL-SP ADR Cusip: 833635105	18,049	$1,160,911	0.34 %
140.	FUKUOKA REIT CORP Cusip: 359599990	149	$1,154,491	0.33 %
141.	ENN ENERGY HOLDINGS LTD Cusip: 983921982	340,000	$1,147,476	0.33 %
142.	JAPAN AIRPORT TERMINAL CO Cusip: 471030999	88,400	$1,134,996	0.33 %
143.	JIANGSU EXPRESS CO LTD-H Cusip: 477311997	1,174,000	$1,128,323	0.33 %
144.	TORISHIMA PUMP MFG CO LTD Cusip: 891047995	71,363	$1,125,667	0.33 %
145.	EMENTOR ASA Cusip: 290950997	108,612	$1,116,620	0.32 %
146.	WANT WANT CHINA HOLDINGS LTD Cusip: 933750994	1,249,000	$1,111,493	0.32 %
147.	MULTIPLUS SA Cusip: 624679999	63,000	$1,090,724	0.32 %
148.	GEOX SPA Cusip: 373480995	210,000	$1,078,952	0.31 %
149.	OIL STATES INTERNATIONAL INC Cusip: 678026105	13,271	$1,070,969	0.31 %
150.	REXCAPITAL FINANCIAL HOLDING Cusip: 761646991	13,000,000	$1,064,733	0.31 %
151.	TOD'S SPA Cusip: 888930997	7,900	$1,057,127	0.31 %
152.	REI AGRO LTD Cusip: 672680998	1,623,100	$1,052,315	0.30 %
153.	KESA ELECTRICALS PLC Cusip: 492500996	490,000	$1,047,150	0.30 %
154.	ARYZTA AG Cusip: 043379999	19,058	$1,028,832	0.30 %
155.	PADDY POWER PLC Cusip: 695258996	21,042	$1,027,090	0.30 %
156.	COBHAM PLC Cusip: 190902999	308,000	$1,026,646	0.30 %
157.	BRISTOW GROUP INC Cusip: 110394103	20,759	$1,006,396	0.29 %
158.	SINTOKOGIO LTD Cusip: 831421995	95,253	$989,703	0.29 %
159.	ABCAM PLC Cusip: 003249992	150,000	$984,870	0.29 %
160.	ALLIANCE GRAIN TRADERS INC Cusip: B4LCY2992	37,200	$983,875	0.28 %
161.	USG PEOPLE NV Cusip: 913000998	65,037	$972,760	0.28 %
162.	DUERR AG Cusip: 262914997	21,700	$969,631	0.28 %
163.	BLACK DIAMOND GROUP LTD Cusip: 092010974	28,988	$967,834	0.28 %
164.	ROTORK PLC Cusip: 778950998	36,095	$936,300	0.27 %
165.	ICOM INC Cusip: 452002991	35,800	$925,766	0.27 %
166.	MEGASTUDY CO LTD Cusip: 584877997	6,400	$914,627	0.26 %
167.	SMITH & NEPHEW PLC Cusip: 831911995	86,527	$910,217	0.26 %
168.	MIURA CO LTD Cusip: 606850998	31,250	$899,994	0.26 %
169.	PIGEON CORP Cusip: 720900992	23,300	$894,605	0.26 %
170.	ELRINGKLINGER AG Cusip: 290152990	29,900	$893,636	0.26 %
171.	TRIPOD TECHNOLOGY CORP Cusip: 896683992	222,400	$883,098	0.26 %
172.	CHINA COMMUNICATIONS SERVI-H Cusip: 169245990	1,722,200	$868,727	0.25 %
173.	51JOB INC-ADR Cusip: 316827104	13,100	$865,255	0.25 %
174.	TEXTAINER GROUP HOLDINGS LTD Cusip: G8766E109	33,032	$857,180	0.25 %
175.	PREMIER OIL PLC Cusip: 740513999	129,102	$856,742	0.25 %
176.	MANAPPURAM GEN FIN & LEASING Cusip: 561683996	682,000	$847,498	0.25 %
177.	HONG KONG EXCHANGES & CLEAR Cusip: 434150991	40,000	$825,177	0.24 %
178.	AEON MALL CO LTD Cusip: 00761P996	30,874	$793,824	0.23 %
179.	MAIL.RU GROUP LTD-GDR 144A Cusip: 560317992	21,400	$760,976	0.22 %
180.	TAHOE RESOURCES INC Cusip: 873868996	36,400	$744,800	0.22 %
181.	SM PRIME HOLDINGS INC Cusip: 831800982	2,704,000	$740,364	0.21 %
182.	TULLOW OIL PLC Cusip: 899255996	36,681	$736,917	0.21 %
183.	UNIBET GROUP PLC-SDR Cusip: X9415A101	32,200	$715,635	0.21 %
184.	INTRALOT S.A.-INTEGRATED LOT Cusip: 46117M997	384,900	$702,389	0.20 %
185.	MORI HILLS REIT INVESTMENT C - REIT Cusip: 617721998	205	$687,561	0.20 %
186.	DEETHREE EXPLOR LTD LEG-WANGER Cusip: ACI007CC0	167,000	$653,702	0.19 %
187.	S. KUMARS NATIONWIDE LTD Cusip: 786436998	509,600	$636,601	0.18 %
188.	EVERLIGHT ELECTRONICS CO LTD Cusip: 299890996	289,210	$622,687	0.18 %
189.	SHRIRAM TRANSPORT FINANCE Cusip: 821109980	41,700	$602,763	0.17 %
190.	HORIZON NORTH LOGISTICS INC Cusip: 441522992	117,514	$595,287	0.17 %
191.	SOUTHERN ARC MINERALS INC Cusip: B0CLZL997	352,500	$586,608	0.17 %
192.	IDFC LTD Cusip: 456845999	206,000	$586,266	0.17 %
193.	EVS BROADCAST EQUIPMENT S.A. Cusip: 300362993	9,100	$572,980	0.17 %
194.	HI-MEDIA SA Cusip: 428826994	108,104	$564,537	0.16 %
195.	CANACOL ENERGY LTD-WANGER Cusip: 13599U962	534,000	$564,487	0.16 %
196.	DEUTSCHE BETEILIGUNGS AG Cusip: 251531992	20,086	$533,217	0.15 %
197.	WASION GROUP HOLDINGS LTD Cusip: 929577997	1,086,400	$515,850	0.15 %
198.	UNITED BREWERIES LTD Cusip: Y9181N153	41,200	$468,144	0.14 %
199.	CREW ENERGY INC Cusip: 226533990	28,900	$459,762	0.13 %
200.	SHAFTESBURY PLC Cusip: 819147992	52,400	$438,668	0.13 %
201.	PAN ORIENT ENERGY CORP Cusip: 698334992	95,096	$436,936	0.13 %
202.	SEEK LTD Cusip: 815201991	60,000	$435,419	0.13 %
203.	GULF UNITED ENERGY INC PIPE Cusip: 402580443	1,333,000	$419,895	0.12 %
204.	NOAH HOLDINGS LTD-SPON ADS Cusip: 65487X102	30,500	$403,210	0.12 %
205.	PURECIRCLE LTD Cusip: 746139989	218,348	$401,416	0.12 %
206.	ORC GROUP AB Cusip: 685744997	32,600	$323,854	0.09 %
207.	MADALENA VENTURES INC Cusip: B10S7C994	400,000	$322,361	0.09 %
208.	POYRY OYJ Cusip: 465910990	23,985	$319,620	0.09 %
209.	MISUMI GROUP INC Cusip: 606366995	10,500	$293,064	0.08 %
210.	DEETHREE EXPLORATION LTD Cusip: 24461P106	72,400	$283,401	0.08 %
211.	STERLING RESOURCES LTD Cusip: 858915994	175,000	$252,760	0.07 %
212.	CELTIC EXPLORATION LTD Cusip: 296655996	8,500	$214,579	0.06 %
213.	FLYBE GROUP PLC-W/I Cusip: 344111992	73,000	$212,091	0.06 %
214.	AMVIG HOLDINGS LTD Cusip: 032901993	314,900	$193,512	0.06 %
215.	CENTRAL EURO DISTRIBUTION CP Cusip: 153435102	19,830	$191,954	0.06 %
216.	ZUOAN FASHION LTD-SPON ADR Cusip: 98982X103	43,500	$170,085	0.05 %
217.	SINYI REALTY CO Cusip: 829463991	86,760	$165,707	0.05 %
218.	ACE HARDWARE INDONESIA Cusip: 044123982	414,300	$161,407	0.05 %
219.	EACOM TIMBER CORP Cusip: 269388104	420,000	$138,468	0.04 %
220.	INTL CONTAINER TERM SVCS INC Cusip: 459425997	65,400	$84,643	0.02 %
221.	MANILA WATER COMPANY Cusip: 563305994	163,200	$76,526	0.02 %
222.	TAIWAN HON CHUAN ENT - RTS Cusip: 871433959	27,030	$22,684	0.01 %
	Other Assets less Liabilities Cusip:		$4,427,489	1.28 %
Net Assets			$345,242,611	100.00 %

Security		Shares/ Principal	Market Value	% of Net Assets
1.	COLUMBIA SHORT TERM CASH FUND Cusip: 19766H239	9,022,304.16	$9,022,304	2.46 %
2.	HEXAGON AB-B SHS Cusip: 428270995	218,871	$5,391,149	1.47 %
3.	MELCO CROWN ENTERTAINME-ADR Cusip: 585464100	416,100	$5,313,597	1.45 %
4.	OLAM INTERNATIONAL LTD Cusip: 679300996	2,092,600	$4,651,863	1.27 %
5.	LOCALIZA RENT A CAR Cusip: 539570994	250,000	$4,446,865	1.21 %
6.	KANSAI PAINT CO LTD Cusip: 484585997	450,600	$4,105,504	1.12 %
7.	ZHAOJIN MINING INDUSTRY - H Cusip: 989453998	1,919,012	$3,958,852	1.08 %
8.	NASPERS LTD-N SHS Cusip: 631555992	65,138	$3,679,413	1.00 %
9.	INTERTEK GROUP PLC Cusip: 461128993	115,000	$3,641,553	0.99 %
10.	FUGRO NV-CVA Cusip: 359539996	46,613	$3,360,864	0.92 %
11.	ATWOOD OCEANICS INC Cusip: 050095108	75,661	$3,338,919	0.91 %
12.	CHEMRING GROUP PLC Cusip: 163528995	323,474	$3,322,623	0.91 %
13.	RHEINMETALL AG Cusip: 762100998	37,500	$3,319,936	0.91 %
14.	AALBERTS INDUSTRIES NV Cusip: 010198992	136,586	$3,192,890	0.87 %
15.	SIKA AG-BR Cusip: 826770992	1,313	$3,165,567	0.86 %
16.	VOPAK Cusip: 928875996	64,222	$3,146,913	0.86 %
17.	ASICS CORP Cusip: 045425998	210,000	$3,134,526	0.85 %
18.	SHAWCOR LTD-CLASS A Cusip: 820904993	101,647	$3,121,762	0.85 %
19.	UNIT 4 AGRESSO NV Cusip: 909198996	85,850	$3,103,669	0.85 %
20.	NEOPOST SA Cusip: 640479994	36,000	$3,092,647	0.84 %
21.	LIFESTYLE INTL HLDGS LTD Cusip: 532201993	1,050,000	$3,071,863	0.84 %
22.	TEN CATE NV Cusip: 500501994	75,588	$3,060,420	0.83 %
23.	SIMPLO TECHNOLOGY CO LTD Cusip: 828865998	373,100	$3,015,616	0.82 %
24.	NOVOZYMES A/S-B SHARES Cusip: 670110998	18,193	$2,960,598	0.81 %
25.	KUEHNE & NAGEL INTL AG-REG Cusip: 501185995	19,271	$2,924,745	0.80 %
26.	IMTECH NV Cusip: 459370995	81,903	$2,896,839	0.79 %
27.	MR PRICE GROUP LTD Cusip: 606368991	273,484	$2,758,379	0.75 %
28.	ISRAEL CHEMICALS LTD Cusip: 465000990	171,778	$2,741,253	0.75 %
29.	EUROFINS SCIENTIFIC Cusip: 298540998	29,400	$2,708,137	0.74 %
30.	CCL INDUSTRIES INC - CL B Cusip: 141246991	77,383	$2,660,604	0.73 %
31.	GEBERIT AG-REG Cusip: 368394995	10,955	$2,595,582	0.71 %
32.	SUZANO PAPEL E CELULOSE SA Cusip: 869410993	352,925	$2,550,856	0.70 %
33.	MILLS ESTRUTURAS E SERVICOS Cusip: 600947998	174,500	$2,515,778	0.69 %
34.	SEVEN BANK LTD Cusip: 817825995	1,248	$2,493,841	0.68 %
35.	PARTNERS GROUP HOLDING AG Cusip: 702128992	13,950	$2,468,938	0.67 %
36.	WOONGJIN COWAY CO LTD Cusip: 980760995	68,800	$2,453,715	0.67 %
37.	ADCOCK INGRAM HOLDINGS LTD Cusip: 000736991	269,000	$2,363,466	0.64 %
38.	ALEXION PHARMACEUTICALS INC Cusip: 015351109	48,864	$2,298,073	0.63 %
39.	CDL HOSPITALITY TRUSTS Cusip: 125098996	1,367,400	$2,295,282	0.63 %
40.	SWECO AB-B SHS Cusip: 860044999	231,111	$2,274,498	0.62 %
41.	WIRECARD AG Cusip: 976532994	126,041	$2,252,742	0.61 %
42.	MAPLETREE LOGISTICS TRUST Cusip: 565437993	2,960,000	$2,219,496	0.61 %
43.	AEON DELIGHT CO LTD Cusip: 008166993	109,738	$2,212,662	0.60 %
44.	GEMALTO Cusip: 368620993	46,000	$2,199,659	0.60 %
45.	HOSHIZAKI ELECTRIC CO LTD Cusip: 440939999	99,000	$2,197,549	0.60 %
46.	NORTHAM PLATINUM LTD Cusip: 663533990	343,700	$2,158,735	0.59 %
47.	COCHLEAR LIMITED Cusip: 191275999	27,710	$2,144,688	0.58 %
48.	UGL LIMITED Cusip: 910465996	142,513	$2,129,778	0.58 %
49.	ASCENDAS REAL ESTATE INV TRT Cusip: 043740992	1,279,549	$2,128,216	0.58 %
50.	RATIONAL AG Cusip: 754190999	7,993	$2,106,672	0.57 %
51.	ORIX JREIT INC Cusip: 686477993	380	$2,099,886	0.57 %
52.	MAPLETREE INDUSTRIAL TRUST Cusip: 565426996	2,200,000	$2,097,798	0.57 %
53.	RUBIS Cusip: 781200993	16,300	$2,067,803	0.56 %
54.	RHOEN-KLINIKUM AG Cusip: 762421998	84,993	$2,050,922	0.56 %
55.	RED ELECTRICA CORPORACION SA Cusip: 756499992	33,677	$2,032,827	0.55 %
56.	GRUPO AEROPORTUARIO SUR-ADR Cusip: 40051E202	34,478	$2,032,133	0.55 %
57.	TOD'S SPA Cusip: 888930997	14,900	$1,993,266	0.54 %
58.	FAR EASTONE TELECOMM CO LTD Cusip: 310532999	1,231,000	$1,964,744	0.54 %
59.	WORLD FUEL SERVICES CORP Cusip: 981475106	54,574	$1,960,843	0.53 %
60.	UNITED DRUG PLC Cusip: 910198993	566,052	$1,938,871	0.53 %
61.	NATURA COSMETICOS SA Cusip: 638846998	77,300	$1,937,638	0.53 %
62.	HAMAMATSU PHOTONICS KK Cusip: 406500991	44,254	$1,913,405	0.52 %
63.	JAIN IRRIGATION SYSTEMS LTD Cusip: 468926993	494,640	$1,890,712	0.52 %
64.	PRESIDENT CHAIN STORE CORP Cusip: 740910997	326,000	$1,888,747	0.51 %
65.	SAI GLOBAL LTD Cusip: 78390Q999	367,761	$1,873,915	0.51 %
66.	ASAHI DIAMOND INDUSTRIAL CO Cusip: 605478007	85,000	$1,858,327	0.51 %
67.	ARCHIPELAGO RESOURCES PLC Cusip: 03956P995	1,869,380	$1,852,662	0.51 %
68.	SAFT GROUPE SA Cusip: 786576991	53,700	$1,846,759	0.50 %
69.	TELEPERFORMANCE Cusip: 879445997	62,800	$1,845,521	0.50 %
70.	ADVANCE RESIDENCE INVESTMENT Cusip: 656392982	880	$1,841,812	0.50 %
71.	SIMCORP A/S Cusip: 828591990	9,275	$1,830,331	0.50 %
72.	BIOMARIN PHARMACEUTICAL INC Cusip: 09061G101	66,594	$1,812,022	0.49 %
73.	JARDINE LLOYD THOMPSON GROUP Cusip: 471110999	165,000	$1,803,403	0.49 %
74.	RMI HOLDINGS Cusip: B50NQ6998	986,700	$1,802,145	0.49 %
75.	SERCO GROUP PLC Cusip: 817314990	202,500	$1,795,639	0.49 %
76.	BAYTEX ENERGY CORP Cusip: 072450992	32,695	$1,787,215	0.49 %
77.	KAMIGUMI CO LTD Cusip: 483630992	190,994	$1,784,992	0.49 %
78.	CHINA YURUN FOOD GROUP LTD Cusip: 902723998	631,200	$1,784,752	0.49 %
79.	MERSEN (EX CARBON LORRAINE) Cusip: 140899998	31,194	$1,759,679	0.48 %
80.	GREE INC Cusip: 39264A999	78,800	$1,722,626	0.47 %
81.	FMC TECHNOLOGIES INC Cusip: 30249U101	38,267	$1,713,978	0.47 %
82.	KOMERCNI BANKA AS Cusip: 500457999	6,968	$1,699,304	0.46 %
83.	ANSALDO STS SPA Cusip: 036599991	121,100	$1,697,300	0.46 %
84.	MRV ENGENHARIA Cusip: 624747994	202,100	$1,693,825	0.46 %
85.	ARCADIS NV Cusip: 039102991	69,222	$1,693,448	0.46 %
86.	AIN PHARMACIEZ INC Cusip: 008915993	41,092	$1,690,734	0.46 %
87.	MONGOLIAN MINING CORP Cusip: 609222997	1,357,300	$1,681,836	0.46 %
88.	NAKANISHI INC Cusip: 629745993	16,262	$1,675,548	0.46 %
89.	KURARAY CO LTD Cusip: 501265995	113,200	$1,658,382	0.45 %
90.	KINTETSU WORLD EXPRESS INC Cusip: 496800996	50,451	$1,656,816	0.45 %
91.	BANK SARASIN & CIE AG-REG B Cusip: 066760992	41,632	$1,648,939	0.45 %
92.	CREDITO EMILIANO SPA Cusip: 225425990	256,297	$1,621,220	0.44 %
93.	MUNDRA PORT AND SEZ LIMITED Cusip: 625802996	446,000	$1,618,344	0.44 %
94.	CTS EVENTIM Cusip: 229485990	23,396	$1,616,654	0.44 %
95.	NHN CORP Cusip: 629210998	9,100	$1,613,310	0.44 %
96.	USHIO INC Cusip: 917295990	81,339	$1,608,258	0.44 %
97.	PIERRE & VACANCES Cusip: 720840990	19,200	$1,600,686	0.44 %
98.	WACOM CO LTD Cusip: 930034996	1,369	$1,598,712	0.44 %
99.	JUPITER TELECOMMUNICATIONS Cusip: 482065992	1,428	$1,597,610	0.44 %
100.	WORKSPACE GROUP PLC Cusip: 980904999	3,283,000	$1,593,888	0.43 %
101.	STOCKMANN OYJ ABP-B SHARE Cusip: 861342996	56,239	$1,593,584	0.43 %
102.	TSUMURA & CO Cusip: 898535992	49,204	$1,572,994	0.43 %
103.	NORBERT DENTRESSANGLE Cusip: 655423994	13,300	$1,571,696	0.43 %
104.	CORE LABORATORIES N.V. Cusip: N22717107	14,084	$1,570,929	0.43 %
105.	REDES ENERGETICAS NACIONAIS Cusip: 757299995	432,600	$1,555,162	0.42 %
106.	AG GROWTH INTERNATIONAL INC Cusip: 001181999	32,100	$1,524,371	0.42 %
107.	HUTCHINSON PORT HOLDINGS TRST Cusip: 448415984	1,800,000	$1,521,000	0.41 %
108.	CHINA COMMUNICATIONS SERVI-H Cusip: 169245990	2,504,200	$1,482,793	0.40 %
109.	IBIDEN CO LTD Cusip: 450800990	47,244	$1,479,111	0.40 %
110.	ONEX CORPORATION Cusip: 68272K103	37,900	$1,468,529	0.40 %
111.	PDG REALTY SA Cusip: 704536994	260,000	$1,464,389	0.40 %
112.	SINGAPORE EXCHANGE LTD Cusip: 829296888	238,000	$1,462,484	0.40 %
113.	CIR SPA Cusip: 172529992	582,300	$1,458,317	0.40 %
114.	START TODAY CO LTD Cusip: 855701991	73,000	$1,457,742	0.40 %
115.	CORONATION FUND MANAGERS LTD Cusip: 662271998	510,300	$1,456,533	0.40 %
116.	REXCAPITAL FINANCIAL HOLDING Cusip: 761646991	14,984,326	$1,449,455	0.40 %
117.	IVANHOE MINES LTD Cusip: 46579N996	56,842	$1,436,300	0.39 %
118.	DAISEKI CO LTD Cusip: 234025997	70,229	$1,421,846	0.39 %
119.	OSAKA SECURITIES EXCHANGE CO Cusip: 687740993	318	$1,419,517	0.39 %
120.	MAKITA CORP Cusip: 560509994	30,285	$1,411,249	0.38 %
121.	SHIMADZU CORP Cusip: 824920995	152,000	$1,392,195	0.38 %
122.	GLOBEOP FINANCIAL SERVICES Cusip: B1XM3X908	221,000	$1,388,627	0.38 %
123.	DUFRY GROUP-REG Cusip: 265001990	11,000	$1,385,548	0.38 %
124.	PETER HAMBRO MINING PLC Cusip: 716017991	117,500	$1,376,646	0.38 %
125.	SHINSEI BANK LTD Cusip: 824854996	1,359,800	$1,360,143	0.37 %
126.	NEW ORIENTAL EDUCATIO-SP ADR Cusip: 647581107	12,000	$1,340,640	0.37 %
127.	VOSSLOH AG Cusip: 929049997	9,480	$1,330,475	0.36 %
128.	NIPPON SHEET GLASS CO LTD Cusip: 654624998	427,000	$1,327,655	0.36 %
129.	ASIAN PAINTS LTD Cusip: 045176997	18,600	$1,327,497	0.36 %
130.	ST SHINE OPTICAL CO LTD Cusip: 792288995	87,000	$1,321,796	0.36 %
131.	SA SA INTERNATIONAL HLDGS Cusip: 803103977	2,060,000	$1,320,845	0.36 %
132.	EMENTOR ASA Cusip: 290950997	124,900	$1,313,786	0.36 %
133.	QUIMICA Y MINERA CHIL-SP ADR Cusip: 833635105	20,210	$1,307,991	0.36 %
134.	GLORY LTD Cusip: 379630999	58,062	$1,307,817	0.36 %
135.	AEON MALL CO LTD Cusip: 00761P996	53,874	$1,305,085	0.36 %
136.	JIANGSU EXPRESS CO LTD-H Cusip: 477311997	1,394,000	$1,290,477	0.35 %
137.	L OCCITANE INTERNATIONAL SA Cusip: 502362999	481,000	$1,288,475	0.35 %
138.	IVANHOE MINES LTD Cusip: 46579N103	50,863	$1,286,833	0.35 %
139.	FUKUOKA REIT CORP Cusip: 359599990	169	$1,272,367	0.35 %
140.	NEXT PLC ORD Cusip: 652500992	34,000	$1,268,713	0.35 %
141.	FORMOSA INTERNATIONAL HOTELS Cusip: 346387996	66,808	$1,267,292	0.35 %
142.	CHINA STEEL CHEMICAL CORP Cusip: 613631993	235,000	$1,258,848	0.34 %
143.	GEOX SPA Cusip: 373480995	210,000	$1,258,323	0.34 %
144.	BRISTOW GROUP INC Cusip: 110394103	24,493	$1,249,632	0.34 %
145.	HOME PRODUCT CENTER PCL-FOR Cusip: 437298987	4,640,000	$1,242,269	0.34 %
146.	BLACK DIAMOND GROUP LTD Cusip: 092010974	37,288	$1,217,867	0.33 %
147.	OIL STATES INTERNATIONAL INC Cusip: 678026105	15,000	$1,198,650	0.33 %
148.	MAPLETREE COMMERCIAL TRUST Cusip: B5143W898	1,700,000	$1,197,183	0.33 %
149.	TAIWAN HON CHUAN ENTERPRISE Cusip: 871433991	394,000	$1,187,918	0.32 %
150.	ENN ENERGY HOLDINGS LTD Cusip: 983921982	340,000	$1,157,197	0.32 %
151.	EVERLIGHT ELECTRONICS CO LTD Cusip: 299890996	428,410	$1,153,909	0.31 %
152.	MGM CHINA HOLDINGS LTD Cusip: B4P8HQ993	625,000	$1,150,134	0.31 %
153.	PADDY POWER PLC Cusip: 695258996	21,042	$1,146,107	0.31 %
154.	TORISHIMA PUMP MFG CO LTD Cusip: 891047995	71,363	$1,145,448	0.31 %
155.	ROTORK PLC Cusip: 778950998	42,000	$1,136,497	0.31 %
156.	JAPAN AIRPORT TERMINAL CO Cusip: 471030999	97,472	$1,135,218	0.31 %
157.	SINTOKOGIO LTD Cusip: 831421995	110,000	$1,129,311	0.31 %
158.	USG PEOPLE NV Cusip: 913000998	65,037	$1,124,687	0.31 %
159.	GOODPACK LTD Cusip: 382386993	750,000	$1,118,737	0.30 %
160.	TERNA SPA Cusip: 880798996	239,100	$1,111,618	0.30 %
161.	PREMIER OIL PLC Cusip: 740513999	154,000	$1,103,827	0.30 %
162.	MULTIPLUS SA Cusip: 624679999	63,000	$1,095,985	0.30 %
163.	REI AGRO LTD Cusip: 672680998	1,915,400	$1,092,775	0.30 %
164.	KESA ELECTRICALS PLC Cusip: 492500996	490,000	$1,082,908	0.30 %
165.	KAKAKU.COM INC Cusip: 483059994	153	$1,075,872	0.29 %
166.	ABCAM PLC Cusip: 003249992	159,765	$1,068,609	0.29 %
167.	MIURA CO LTD Cusip: 606850998	36,650	$1,062,423	0.29 %
168.	ELRINGKLINGER AG Cusip: 290152990	29,900	$1,061,006	0.29 %
169.	MEGASTUDY CO LTD Cusip: 584877997	7,800	$1,049,273	0.29 %
170.	COBHAM PLC Cusip: 190902999	308,000	$1,045,991	0.29 %
171.	SMITH & NEPHEW PLC Cusip: 831911995	97,353	$1,039,041	0.28 %
172.	ICOM INC Cusip: 452002991	40,158	$1,033,405	0.28 %
173.	TEXTAINER GROUP HOLDINGS LTD Cusip: G8766E109	33,032	$1,015,403	0.28 %
174.	ARYZTA AG Cusip: 043379999	19,058	$1,009,716	0.28 %
175.	HONG KONG EXCHANGES & CLEAR Cusip: 434150991	46,000	$968,615	0.26 %
176.	SHANDONG WEIGAO GP MEDICAL-H Cusip: 819418971	650,000	$938,647	0.26 %
177.	PIGEON CORP Cusip: 720900992	27,500	$903,896	0.25 %
178.	51JOB INC-ADR Cusip: 316827104	15,500	$870,015	0.24 %
179.	BANCO COMERCIAL PORTUGUES-R Cusip: 059465997	1,450,475	$862,396	0.24 %
180.	MANAPPURAM GEN FIN & LEASING Cusip: 561683996	682,000	$861,392	0.23 %
181.	TULLOW OIL PLC Cusip: 899255996	43,081	$857,371	0.23 %
182.	UNIBET GROUP PLC-SDR Cusip: X9415A101	39,000	$846,257	0.23 %
183.	INTRALOT S.A.-INTEGRATED LOT Cusip: 46117M997	384,900	$820,499	0.22 %
184.	MORI HILLS REIT INVESTMENT C - REIT Cusip: 617721998	205	$750,135	0.20 %
185.	S. KUMARS NATIONWIDE LTD Cusip: 786436998	599,100	$727,274	0.20 %
186.	ALLIANCE GRAIN TRADERS INC Cusip: B4LCY2992	26,900	$719,601	0.20 %
187.	MAIL.RU GROUP LTD-GDR 144A Cusip: 560317992	21,400	$710,908	0.19 %
188.	HORIZON NORTH LOGISTICS INC Cusip: 441522992	149,814	$695,906	0.19 %
189.	TAHOE RESOURCES INC Cusip: 873868996	36,400	$679,350	0.19 %
190.	WASION GROUP HOLDINGS LTD Cusip: 929577997	1,403,300	$660,592	0.18 %
191.	CENTRAL EURO DISTRIBUTION CP Cusip: 153435102	58,230	$652,176	0.18 %
192.	HI-MEDIA SA Cusip: 428826994	108,104	$647,447	0.18 %
193.	SOUTHERN ARC MINERALS INC Cusip: B0CLZL997	352,500	$632,303	0.17 %
194.	ORC SOFTWARE AB Cusip: 685744997	47,300	$630,023	0.17 %
195.	DEETHREE EXPLORATION LTD LEGENDED SH Cusip: ACI007NR5	167,000	$623,360	0.17 %
196.	SHRIRAM TRANSPORT FINANCE Cusip: 821109980	45,000	$622,255	0.17 %
197.	IDFC LTD Cusip: 456845999	206,000	$606,889	0.17 %
198.	CANACOL ENERGY LTD LEGENDED SHARES Cusip: 13599U970	534,000	$586,904	0.16 %
199.	EVS BROADCAST EQUIPMENT S.A. Cusip: 300362993	8,400	$568,621	0.16 %
200.	DUERR AG Cusip: 262914997	14,000	$568,458	0.15 %
201.	DEUTSCHE BETEILIGUNGS AG Cusip: 251531992	20,086	$566,533	0.15 %
202.	PAN ORIENT ENERGY CORP Cusip: 698334992	95,096	$528,502	0.14 %
203.	SHAFTESBURY PLC Cusip: 819147992	52,400	$444,044	0.12 %
204.	GULF UNITED ENERGY INC PIPE Cusip: 402580443	1,333,000	$423,227	0.12 %
205.	SEEK LTD Cusip: 815201991	60,000	$416,142	0.11 %
206.	WANT WANT CHINA HOLDINGS LTD Cusip: 933750994	400,000	$388,897	0.11 %
207.	FLYBE GROUP PLC-W/I Cusip: 344111992	125,100	$369,434	0.10 %
208.	GUYANA GOLDFIELDS INC 144A Cusip: 403530991	50,000	$355,124	0.10 %
209.	POYRY OYJ Cusip: 465910990	24,085	$344,728	0.09 %
210.	NOAH HOLDINGS LTD-SPON ADS Cusip: 65487X102	30,500	$342,820	0.09 %
211.	CREW ENERGY INC Cusip: 226533990	21,100	$328,166	0.09 %
212.	PURECIRCLE LTD Cusip: 746139989	218,348	$304,880	0.08 %
213.	STERLING RESOURCES LTD Cusip: 858915994	175,000	$299,393	0.08 %
214.	DEETHREE EXPLORATION LTD Cusip: 24461P106	72,400	$270,247	0.07 %
215.	ZUOAN FASHION LTD-SPON ADR Cusip: 98982X103	44,600	$249,314	0.07 %
216.	UNITED BREWERIES LTD Cusip: Y9181N153	20,700	$246,252	0.07 %
217.	MADALENA VENTURES INC Cusip: B10S7C994	400,000	$236,404	0.06 %
218.	CELTIC EXPLORATION LTD Cusip: 296655996	8,500	$187,987	0.05 %
219.	SINYI REALTY CO Cusip: 829463991	86,760	$167,582	0.05 %
220.	ACE HARDWARE INDONESIA Cusip: 044123982	400,100	$141,134	0.04 %
221.	EACOM TIMBER CORP Cusip: 269388104	420,000	$134,999	0.04 %
222.	PAINTS & CHEMICAL INDUSTRIES Cusip: 695610998	15,000	$96,454	0.03 %
	Other Assets less Liabilities Cusip:		$2,034,503	0.55 %
Net Assets			$366,823,137	100.00 %

Security		Shares/ Principal	Market Value	% of Net Assets
1.	COLUMBIA SHORT TERM CASH FUND Cusip: 19766H239	11,741,517.44	$11,741,517	3.10 %
2.	HEXAGON AB-B SHS Cusip: 428270995	254,871	$6,905,092	1.82 %
3.	OLAM INTERNATIONAL LTD Cusip: 679300996	2,035,600	$4,919,244	1.30 %
4.	MELCO CROWN ENTERTAINME-ADR Cusip: 585464100	416,100	$4,668,642	1.23 %
5.	ZHAOJIN MINING INDUSTRY - H Cusip: 989453998	1,919,012	$4,408,328	1.16 %
6.	LOCALIZA RENT A CAR Cusip: 539570994	250,000	$4,138,805	1.09 %
7.	KANSAI PAINT CO LTD Cusip: 484585997	450,600	$4,056,817	1.07 %
8.	NASPERS LTD-N SHS Cusip: 631555992	65,138	$3,876,616	1.02 %
9.	INTERTEK GROUP PLC Cusip: 461128993	115,000	$3,870,518	1.02 %
10.	FUGRO NV-CVA Cusip: 359539996	45,371	$3,608,765	0.95 %
11.	CHEMRING GROUP PLC Cusip: 163528995	323,474	$3,541,221	0.93 %
12.	ATWOOD OCEANICS INC Cusip: 50095108	79,661	$3,452,507	0.91 %
13.	EUROFINS SCIENTIFIC Cusip: 298540998	35,700	$3,444,750	0.91 %
14.	SIKA AG-BR Cusip: 826770992	1,313	$3,346,772	0.88 %
15.	SIMPLO TECHNOLOGY CO LTD Cusip: 828865998	418,800	$3,341,215	0.88 %
16.	SHAWCOR LTD-CLASS A Cusip: 820904993	101,647	$3,284,891	0.87 %
17.	ASICS CORP Cusip: 45425998	210,000	$3,278,511	0.87 %
18.	SUZANO PAPEL E CELULOSE SA Cusip: 869410993	352,925	$3,236,776	0.85 %
19.	AALBERTS INDUSTRIES NV Cusip: 10198992	136,586	$3,234,408	0.85 %
20.	RHEINMETALL AG Cusip: 762100998	37,500	$3,226,101	0.85 %
21.	NEOPOST SA Cusip: 640479994	36,000	$3,223,467	0.85 %
22.	UNIT 4 AGRESSO NV Cusip: 909198996	85,850	$3,133,144	0.83 %
23.	TEN CATE NV Cusip: 500501994	75,588	$3,129,561	0.83 %
24.	IMTECH NV Cusip: 459370995	81,903	$3,079,263	0.81 %
25.	LIFESTYLE INTL HLDGS LTD Cusip: 532201993	1,050,000	$3,066,306	0.81 %
26.	NOVOZYMES A/S-B SHARES Cusip: 670110998	18,193	$3,058,917	0.81 %
27.	VOPAK Cusip: 928875996	64,222	$3,049,920	0.81 %
28.	KUEHNE & NAGEL INTL AG-REG Cusip: 501185995	19,271	$3,025,427	0.80 %
29.	GREE INC Cusip: 39264A999	131,800	$2,921,143	0.77 %
30.	ISRAEL CHEMICALS LTD Cusip: 465000990	171,778	$2,800,641	0.74 %
31.	PARTNERS GROUP HOLDING AG Cusip: 702128992	13,950	$2,739,623	0.72 %
32.	GEBERIT AG-REG Cusip: 368394995	10,955	$2,642,095	0.70 %
33.	CCL INDUSTRIES INC - CL B Cusip: 141246991	77,383	$2,633,346	0.70 %
34.	MR PRICE GROUP LTD Cusip: 606368991	273,484	$2,574,933	0.68 %
35.	SWECO AB-B SHS Cusip: 860044999	231,111	$2,546,491	0.67 %
36.	ADCOCK INGRAM HOLDINGS LTD Cusip: 736991	269,000	$2,439,044	0.64 %
37.	UGL LIMITED Cusip: 910465996	147,513	$2,417,480	0.64 %
38.	WOONGJIN COWAY CO LTD Cusip: 980760995	68,800	$2,417,219	0.64 %
39.	START TODAY CO LTD Cusip: 855701991	112,845	$2,368,505	0.63 %
40.	CHINA YURUN FOOD GROUP LTD Cusip: 902723998	726,200	$2,368,186	0.63 %
41.	SERCO GROUP PLC Cusip: 817314990	249,000	$2,363,419	0.62 %
42.	COCHLEAR LIMITED Cusip: 191275999	27,710	$2,363,021	0.62 %
43.	MILLS ESTRUTURAS E SERVICOS Cusip: 600947998	174,500	$2,348,049	0.62 %
44.	SEVEN BANK LTD Cusip: 817825995	1,248	$2,326,932	0.61 %
45.	NORTHAM PLATINUM LTD Cusip: 663533990	343,700	$2,318,608	0.61 %
46.	ALEXION PHARMACEUTICALS INC Cusip: 15351109	48,864	$2,317,130	0.61 %
47.	CDL HOSPITALITY TRUSTS Cusip: 125098996	1,367,400	$2,306,360	0.61 %
48.	SAI GLOBAL LTD Cusip: 78390Q999	433,761	$2,286,749	0.60 %
49.	JIANGSU EXPRESS CO LTD-H Cusip: 477311997	2,182,000	$2,279,357	0.60 %
50.	GEMALTO Cusip: 368620993	46,000	$2,255,716	0.60 %
51.	WIRECARD AG Cusip: 976532994	126,041	$2,243,739	0.59 %
52.	MAPLETREE LOGISTICS TRUST Cusip: 565437993	2,960,000	$2,196,121	0.58 %
53.	RHOEN-KLINIKUM AG Cusip: 762421998	84,993	$2,138,037	0.56 %
54.	ASCENDAS REAL ESTATE INV TRT Cusip: 43740992	1,279,549	$2,137,496	0.56 %
55.	MAPLETREE INDUSTRIAL TRUST Cusip: 565426996	2,200,000	$2,087,139	0.55 %
56.	GRUPO AEROPORTUARIO SUR-ADR Cusip: 40051E202	34,478	$2,072,472	0.55 %
57.	GRUPO AEROPORTUARIO SUR-ADR Cusip: 4.01E+206	34,478	$2,072,472	0.55 %
58.	RATIONAL AG Cusip: 754190999	7,993	$2,072,215	0.55 %
59.	NATURA COSMETICOS SA Cusip: 638846998	77,300	$2,058,720	0.54 %
60.	ORIX JREIT INC Cusip: 686477993	380	$2,057,666	0.54 %
61.	AEON DELIGHT CO LTD Cusip: 8166993	109,738	$2,037,808	0.54 %
62.	RED ELECTRICA CORPORACION SA Cusip: 756499992	33,677	$2,034,057	0.54 %
63.	RUBIS Cusip: 781200993	16,300	$2,017,329	0.53 %
64.	UNITED DRUG PLC Cusip: 910198993	618,652	$2,012,081	0.53 %
65.	WORLD FUEL SERVICES CORP Cusip: 981475106	54,574	$1,996,316	0.53 %
66.	VOSSLOH AG Cusip: 929049997	14,280	$1,973,654	0.52 %
67.	ADVANCE RESIDENCE INVESTMENT Cusip: 656392982	953	$1,964,979	0.52 %
68.	BANK SARASIN & CIE AG-REG B Cusip: 66760992	41,632	$1,947,610	0.51 %
69.	HOSHIZAKI ELECTRIC CO LTD Cusip: 440939999	99,000	$1,936,824	0.51 %
70.	TOD'S SPA Cusip: 888930997	14,900	$1,922,327	0.51 %
71.	NEW ORIENTAL EDUCATIO-SP ADR Cusip: 647581107	16,550	$1,916,821	0.51 %
72.	SAFT GROUPE SA Cusip: 786576991	53,700	$1,897,988	0.50 %
73.	BIOMARIN PHARMACEUTICAL INC Cusip: 09061G101	66,594	$1,879,948	0.50 %
74.	BAYTEX ENERGY CORP Cusip: 72450992	32,695	$1,879,663	0.50 %
75.	MRV ENGENHARIA Cusip: 624747994	202,100	$1,879,136	0.50 %
76.	ARCHIPELAGO RESOURCES PLC Cusip: 03956P995	1,869,380	$1,875,828	0.50 %
77.	ASAHI DIAMOND INDUSTRIAL CO Cusip: 605478007	85,000	$1,863,175	0.49 %
78.	FAR EASTONE TELECOMM CO LTD Cusip: 310532999	1,186,400	$1,843,858	0.49 %
79.	MERSEN (EX CARBON LORRAINE) Cusip: 140899998	31,494	$1,842,379	0.49 %
80.	PRESIDENT CHAIN STORE CORP Cusip: 740910997	319,200	$1,829,989	0.48 %
81.	HAMAMATSU PHOTONICS KK Cusip: 406500991	44,254	$1,807,011	0.48 %
82.	TELEPERFORMANCE Cusip: 879445997	52,800	$1,804,630	0.48 %
83.	JARDINE LLOYD THOMPSON GROUP Cusip: 471110999	154,000	$1,765,709	0.47 %
84.	CREDITO EMILIANO SPA Cusip: 225425990	256,297	$1,739,434	0.46 %
85.	SIMCORP A/S Cusip: 828591990	9,275	$1,726,031	0.46 %
86.	SHANDONG WEIGAO GP MEDICAL-H Cusip: 819418971	1,300,000	$1,724,008	0.46 %
87.	ANSALDO STS SPA Cusip: 36599991	121,100	$1,713,994	0.45 %
88.	KURARAY CO LTD Cusip: 501265995	113,200	$1,712,524	0.45 %
89.	KOMERCNI BANKA AS Cusip: 500457999	7,168	$1,709,340	0.45 %
90.	FMC TECHNOLOGIES INC Cusip: 30249U101	38,267	$1,707,856	0.45 %
91.	JAIN IRRIGATION SYSTEMS LTD Cusip: 468926993	456,240	$1,702,466	0.45 %
92.	HUTCHINSON PORT HOLDINGS TRST Cusip: 448415984	1,800,000	$1,692,000	0.45 %
93.	STOCKMANN OYJ ABP-B SHARE Cusip: 861342996	56,239	$1,684,226	0.44 %
94.	CHINA COMMUNICATIONS SERVI-H Cusip: 169245990	2,617,000	$1,679,936	0.44 %
95.	KINTETSU WORLD EXPRESS INC Cusip: 496800996	50,451	$1,665,967	0.44 %
96.	CTS EVENTIM Cusip: 229485990	23,896	$1,664,757	0.44 %
97.	KAMIGUMI CO LTD Cusip: 483630992	190,994	$1,635,002	0.43 %
98.	WACOM CO LTD Cusip: 930034996	1,369	$1,630,506	0.43 %
99.	NAKANISHI INC Cusip: 629745993	16,262	$1,629,441	0.43 %
100.	AG GROWTH INTERNATIONAL INC Cusip: 1181999	32,100	$1,626,784	0.43 %
101.	ARCADIS NV Cusip: 39102991	69,222	$1,626,751	0.43 %
102.	NHN CORP Cusip: 629210998	9,100	$1,621,513	0.43 %
103.	PDG REALTY SA Cusip: 704536994	260,000	$1,611,662	0.43 %
104.	USHIO INC Cusip: 917295990	81,339	$1,607,498	0.42 %
105.	RMI HOLDINGS Cusip: B50NQ6998	867,600	$1,605,168	0.42 %
106.	AIN PHARMACIEZ INC Cusip: 8915993	41,092	$1,599,529	0.42 %
107.	MUNDRA PORT AND SEZ LIMITED Cusip: 625802996	446,000	$1,598,496	0.42 %
108.	MONGOLIAN MINING CORP Cusip: 609222997	1,357,300	$1,589,140	0.42 %
109.	PIERRE & VACANCES Cusip: 720840990	19,200	$1,547,319	0.41 %
110.	JUPITER TELECOMMUNICATIONS Cusip: 482065992	1,428	$1,542,013	0.41 %
111.	WORKSPACE GROUP PLC Cusip: 980904999	3,283,000	$1,539,151	0.41 %
112.	TSUMURA & CO Cusip: 898535992	49,204	$1,537,525	0.41 %
113.	IBIDEN CO LTD Cusip: 450800990	47,244	$1,535,505	0.41 %
114.	REXCAPITAL FINANCIAL HOLDING Cusip: 761646991	14,984,326	$1,522,473	0.40 %
115.	PETER HAMBRO MINING PLC Cusip: 716017991	117,500	$1,508,608	0.40 %
116.	NORBERT DENTRESSANGLE Cusip: 655423994	13,300	$1,492,921	0.39 %
117.	REDES ENERGETICAS NACIONAIS Cusip: 757299995	432,600	$1,466,738	0.39 %
118.	SINGAPORE EXCHANGE LTD Cusip: 829296888	238,000	$1,451,645	0.38 %
119.	CORE LABORATORIES N.V. Cusip: N22717107	14,084	$1,446,285	0.38 %
120.	CIR SPA Cusip: 172529992	582,300	$1,438,824	0.38 %
121.	IVANHOE MINES LTD Cusip: 46579N996	56,842	$1,430,363	0.38 %
122.	ONEX CORPORATION Cusip: 68272K103	37,900	$1,424,306	0.38 %
123.	NIPPON SHEET GLASS CO LTD Cusip: 654624998	427,000	$1,406,529	0.37 %
124.	DAISEKI CO LTD Cusip: 234025997	70,229	$1,382,898	0.37 %
125.	FORMOSA INTERNATIONAL HOTELS Cusip: 346387996	66,808	$1,373,024	0.36 %
126.	OSAKA SECURITIES EXCHANGE CO Cusip: 687740993	318	$1,357,841	0.36 %
127.	SHIMADZU CORP Cusip: 824920995	152,000	$1,351,284	0.36 %
128.	GEOX SPA Cusip: 373480995	210,000	$1,337,585	0.35 %
129.	SHINSEI BANK LTD Cusip: 824854996	1,261,400	$1,326,857	0.35 %
130.	GLOBEOP FINANCIAL SERVICES Cusip: B1XM3X908	188,000	$1,298,891	0.34 %
131.	HOME PRODUCT CENTER PCL-FOR Cusip: 437298987	4,640,000	$1,294,005	0.34 %
132.	ASIAN PAINTS LTD Cusip: 45176997	18,600	$1,293,643	0.34 %
133.	MAKITA CORP Cusip: 560509994	30,285	$1,289,497	0.34 %
134.	MULTIPLUS SA Cusip: 624679999	63,000	$1,287,751	0.34 %
135.	AEON MALL CO LTD Cusip: 00761P996	53,874	$1,285,862	0.34 %
136.	PADDY POWER PLC Cusip: 695258996	25,042	$1,284,031	0.34 %
137.	IVANHOE MINES LTD Cusip: 46579N103	50,863	$1,282,256	0.34 %
138.	NEXT PLC ORD Cusip: 652500992	34,000	$1,269,610	0.34 %
139.	QUIMICA Y MINERA CHIL-SP ADR Cusip: 833635105	20,210	$1,264,539	0.33 %
140.	L OCCITANE INTERNATIONAL SA Cusip: 502362999	481,000	$1,262,304	0.33 %
141.	GOODPACK LTD Cusip: 382386993	749,000	$1,244,945	0.33 %
142.	SHRIRAM TRANSPORT FINANCE Cusip: 821109980	79,700	$1,244,151	0.33 %
143.	SA SA INTERNATIONAL HLDGS Cusip: 803103977	2,060,000	$1,242,905	0.33 %
144.	GLORY LTD Cusip: 379630999	58,062	$1,230,525	0.32 %
145.	FUKUOKA REIT CORP Cusip: 359599990	169	$1,222,245	0.32 %
146.	MAPLETREE COMMERCIAL TRUST Cusip: B5143W898	1,700,000	$1,212,956	0.32 %
147.	PREMIER OIL PLC Cusip: 740513999	154,000	$1,207,623	0.32 %
148.	KESA ELECTRICALS PLC Cusip: 492500996	490,000	$1,205,044	0.32 %
149.	ABCAM PLC Cusip: 3249992	170,765	$1,193,860	0.32 %
150.	ROTORK PLC Cusip: 778950998	42,000	$1,191,111	0.31 %
151.	OIL STATES INTERNATIONAL INC Cusip: 678026105	15,000	$1,185,750	0.31 %
152.	EVERLIGHT ELECTRONICS CO LTD Cusip: 299890996	428,410	$1,177,553	0.31 %
153.	TERNA SPA Cusip: 880798996	239,100	$1,167,836	0.31 %
154.	USG PEOPLE NV Cusip: 913000998	64,182	$1,166,099	0.31 %
155.	ST SHINE OPTICAL CO LTD Cusip: 792288995	79,200	$1,160,815	0.31 %
156.	MEGASTUDY CO LTD Cusip: 584877997	7,800	$1,150,663	0.30 %
157.	COBHAM PLC Cusip: 190902999	308,000	$1,148,091	0.30 %
158.	BLACK DIAMOND GROUP LTD Cusip: 92010974	37,288	$1,144,984	0.30 %
159.	BRISTOW GROUP INC Cusip: 110394103	24,493	$1,125,453	0.30 %
160.	ENN ENERGY HOLDINGS LTD Cusip: 983921982	321,200	$1,116,919	0.29 %
161.	CHINA STEEL CHEMICAL CORP Cusip: 613631993	201,000	$1,114,074	0.29 %
162.	REI AGRO LTD Cusip: 672680998	1,915,400	$1,084,309	0.29 %
163.	SMITH & NEPHEW PLC Cusip: 831911995	97,353	$1,084,185	0.29 %
164.	ICOM INC Cusip: 452002991	40,158	$1,077,136	0.28 %
165.	TEXTAINER GROUP HOLDINGS LTD Cusip: G8766E109	33,032	$1,065,942	0.28 %
166.	CORONATION FUND MANAGERS LTD Cusip: 662271998	361,200	$1,043,697	0.28 %
167.	ARYZTA AG Cusip: 43379999	19,058	$1,043,161	0.28 %
168.	IDFC LTD Cusip: 456845999	330,000	$1,042,031	0.28 %
169.	SINTOKOGIO LTD Cusip: 831421995	110,000	$1,039,383	0.27 %
170.	ELRINGKLINGER AG Cusip: 290152990	29,900	$1,037,430	0.27 %
171.	HONG KONG EXCHANGES & CLEAR Cusip: 434150991	46,000	$1,032,235	0.27 %
172.	JAPAN AIRPORT TERMINAL CO Cusip: 471030999	97,472	$1,030,049	0.27 %
173.	TORISHIMA PUMP MFG CO LTD Cusip: 891047995	71,363	$1,020,397	0.27 %
174.	MIURA CO LTD Cusip: 606850998	36,650	$1,012,208	0.27 %
175.	KAKAKU.COM INC Cusip: 483059994	153	$963,557	0.25 %
176.	BANCO COMERCIAL PORTUGUES-R Cusip: 59465997	1,389,357	$961,722	0.25 %
177.	TAIWAN HON CHUAN ENTERPRISE Cusip: 871433991	335,000	$960,345	0.25 %
178.	TULLOW OIL PLC Cusip: 899255996	43,081	$954,594	0.25 %
179.	PIGEON CORP Cusip: 720900992	27,500	$934,111	0.25 %
180.	S. KUMARS NATIONWIDE LTD Cusip: 786436998	599,100	$910,995	0.24 %
181.	UNIBET GROUP PLC-SDR Cusip: X9415A101	39,000	$909,996	0.24 %
182.	INTRALOT S.A.-INTEGRATED LOT Cusip: 46117M997	384,900	$908,411	0.24 %
183.	WASION GROUP HOLDINGS LTD Cusip: 929577997	1,700,000	$908,118	0.24 %
184.	51JOB INC-ADR Cusip: 316827104	15,500	$885,205	0.23 %
185.	MANAPPURAM GEN FIN & LEASING Cusip: 561683996	341,000	$846,049	0.22 %
186.	DEETHREE EXPLORATION LTD LEGENDED SH Cusip: ACI007NR5	167,000	$772,214	0.20 %
187.	MAIL.RU GROUP LTD-GDR 144A Cusip: 560317992	21,400	$734,020	0.19 %
188.	CENTRAL EURO DISTRIBUTION CP Cusip: 153435102	58,230	$731,368	0.19 %
189.	TAHOE RESOURCES INC Cusip: 873868996	36,400	$716,841	0.19 %
190.	HORIZON NORTH LOGISTICS INC Cusip: 441522992	149,814	$715,940	0.19 %
191.	MORI HILLS REIT INVESTMENT C - REIT Cusip: 617721998	205	$709,909	0.19 %
192.	DUFRY GROUP-REG Cusip: 265001990	5,300	$689,764	0.18 %
193.	CANACOL ENERGY LTD LEGENDED SHARES Cusip: 13599U970	534,000	$677,937	0.18 %
194.	ORC SOFTWARE AB Cusip: 685744997	47,300	$607,397	0.16 %
195.	HI-MEDIA SA Cusip: 428826994	108,104	$589,619	0.16 %
196.	SOUTHERN ARC MINERALS INC Cusip: B0CLZL997	352,500	$559,939	0.15 %
197.	DEUTSCHE BETEILIGUNGS AG Cusip: 251531992	20,086	$557,881	0.15 %
198.	PAN ORIENT ENERGY CORP Cusip: 698334992	95,096	$534,936	0.14 %
199.	GULF UNITED ENERGY INC PIPE Cusip: 402580443	1,333,000	$513,205	0.14 %
200.	EVS BROADCAST EQUIPMENT S.A. Cusip: 300362993	7,200	$486,991	0.13 %
201.	POYRY OYJ Cusip: 465910990	28,785	$465,611	0.12 %
202.	SHAFTESBURY PLC Cusip: 819147992	52,400	$464,176	0.12 %
203.	GUYANA GOLDFIELDS INC 144A Cusip: 403530991	50,000	$448,469	0.12 %
204.	SEEK LTD Cusip: 815201991	60,000	$436,815	0.12 %
205.	FLYBE GROUP PLC-W/I Cusip: 344111992	125,100	$375,051	0.10 %
206.	PURECIRCLE LTD Cusip: 746139989	218,348	$342,121	0.09 %
207.	STERLING RESOURCES LTD Cusip: 858915994	175,000	$339,577	0.09 %
208.	DEETHREE EXPLORATION LTD Cusip: 24461P106	72,400	$334,780	0.09 %
209.	MADALENA VENTURES INC Cusip: B10S7C994	400,000	$284,873	0.08 %
210.	ZUOAN FASHION LTD-SPON ADR Cusip: 98982X103	44,600	$264,924	0.07 %
211.	EMENTOR ASA Cusip: 290950997	24,900	$263,582	0.07 %
212.	MGM CHINA HOLDINGS LTD Cusip: B4P8HQ993	125,000	$261,175	0.07 %
213.	NOAH HOLDINGS LTD-SPON ADS Cusip: 65487X102	16,300	$209,292	0.06 %
214.	EACOM TIMBER CORP Cusip: 269388104	420,000	$162,563	0.04 %
215.	SINYI REALTY CO Cusip: 829463991	72,300	$152,100	0.04 %
216.	ACE HARDWARE INDONESIA Cusip: 44123982	379,700	$118,418	0.03 %
217.	PAINTS & CHEMICAL INDUSTRIES Cusip: 695610998	15,000	$98,336	0.03 %
218.	UNITED BREWERIES LTD Cusip: Y9181N153	6,300	$78,580	0.02 %
219.	BANCO COMERCIAL PORTUGUES NPV Cusip: 59465971	61,118	$42,306	0.01 %
220.	BANCO COMERCIAL PORTUGU-RTS Cusip: B45L57793	1,450,475	$22,961	0.01 %
221.	SUZANO PAPEL E CELULOSE SA-RTS Cusip: B5046C098	1,064	$53	0.00 %
	Other Assets less Liabilities Cusip:		$-22,465	-0.01 %
Net Assets			$378,833,087	100.00 %

Security		Shares/ Principal	Market Value	% of Net Assets
1.	COLUMBIA SHORT TERM CASH FUND Cusip: 19766H239	13,629,900.21	$13,629,900	3.48 %
2.	HEXAGON AB-B SHS Cusip: 428270995	260,515	$6,768,919	1.73 %
3.	OLAM INTERNATIONAL LTD Cusip: 679300996	2,081,500	$4,890,036	1.25 %
4.	MELCO CROWN ENTERTAINME-ADR Cusip: 585464100	416,100	$4,468,914	1.14 %
5.	ZHAOJIN MINING INDUSTRY - H Cusip: 989453998	959,506	$4,451,307	1.14 %
6.	LOCALIZA RENT A CAR Cusip: 539570994	250,000	$4,298,563	1.10 %
7.	FUGRO NV-CVA Cusip: 359539996	45,371	$4,161,774	1.06 %
8.	INTERTEK GROUP PLC Cusip: 461128993	115,000	$4,085,368	1.04 %
9.	KANSAI PAINT CO LTD Cusip: 484585997	450,600	$4,064,329	1.04 %
10.	NASPERS LTD-N SHS Cusip: 631555992	65,138	$3,919,194	1.00 %
11.	EUROFINS SCIENTIFIC Cusip: 298540998	35,700	$3,847,334	0.98 %
12.	SERCO GROUP PLC Cusip: 817314990	395,000	$3,736,082	0.95 %
13.	SHAWCOR LTD-CLASS A Cusip: 820904993	101,647	$3,637,655	0.93 %
14.	CHEMRING GROUP PLC Cusip: 163528995	323,474	$3,628,293	0.93 %
15.	ATWOOD OCEANICS INC Cusip: 050095108	79,661	$3,579,168	0.91 %
16.	SUZANO PAPEL E CELULOSE SA Cusip: 869410993	352,925	$3,472,717	0.89 %
17.	UNIT 4 AGRESSO NV Cusip: 909198996	92,550	$3,472,247	0.89 %
18.	NEOPOST SA Cusip: 640479994	36,000	$3,434,964	0.88 %
19.	TEN CATE NV Cusip: 500501994	73,699	$3,411,227	0.87 %
20.	AALBERTS INDUSTRIES NV Cusip: 010198992	134,272	$3,396,819	0.87 %
21.	RHEINMETALL AG Cusip: 762100998	37,500	$3,363,691	0.86 %
22.	SIKA AG-BR Cusip: 826770992	1,313	$3,351,565	0.86 %
23.	VOPAK Cusip: 928875996	69,186	$3,316,086	0.85 %
24.	NOVOZYMES A/S-B SHARES Cusip: 670110998	18,193	$3,143,514	0.80 %
25.	IMTECH NV Cusip: 459370995	81,903	$3,110,404	0.79 %
26.	KUEHNE & NAGEL INTL AG-REG Cusip: 501185995	19,271	$3,078,904	0.79 %
27.	SIMPLO TECHNOLOGY CO LTD Cusip: 828865998	451,200	$3,062,478	0.78 %
28.	ISRAEL CHEMICALS LTD Cusip: 465000990	171,778	$3,048,874	0.78 %
29.	LIFESTYLE INTL HLDGS LTD Cusip: 532201993	1,050,000	$3,008,583	0.77 %
30.	PARTNERS GROUP HOLDING AG Cusip: 702128992	13,950	$2,962,560	0.76 %
31.	ADCOCK INGRAM HOLDINGS LTD Cusip: 000736991	302,000	$2,806,092	0.72 %
32.	MR PRICE GROUP LTD Cusip: 606368991	273,484	$2,799,409	0.72 %
33.	ASICS CORP Cusip: 045425998	191,620	$2,771,170	0.71 %
34.	GREE INC Cusip: 39264A999	131,800	$2,714,206	0.69 %
35.	BAYTEX ENERGY CORP Cusip: 072450992	43,695	$2,698,408	0.69 %
36.	CHINA YURUN FOOD GROUP LTD Cusip: 902723998	726,200	$2,668,210	0.68 %
37.	ADVANCE RESIDENCE INVESTMENT Cusip: 656392982	1,250	$2,618,038	0.67 %
38.	CCL INDUSTRIES INC - CL B Cusip: 141246991	77,383	$2,588,566	0.66 %
39.	GEBERIT AG-REG Cusip: 368394995	10,955	$2,564,609	0.66 %
40.	MILLS ESTRUTURAS E SERVICOS Cusip: 600947998	187,200	$2,489,336	0.64 %
41.	UNITED DRUG PLC Cusip: 910198993	719,852	$2,481,068	0.63 %
42.	SWECO AB-B SHS Cusip: 860044999	231,111	$2,466,989	0.63 %
43.	SAFT GROUPE SA Cusip: 786576991	53,700	$2,465,670	0.63 %
44.	COCHLEAR LIMITED Cusip: 191275999	27,710	$2,449,875	0.63 %
45.	UGL LIMITED Cusip: 910465996	147,513	$2,445,896	0.63 %
46.	WIRECARD AG Cusip: 976532994	126,041	$2,406,377	0.61 %
47.	SAI GLOBAL LTD Cusip: 78390Q999	433,761	$2,384,721	0.61 %
48.	RATIONAL AG Cusip: 754190999	8,593	$2,375,592	0.61 %
49.	ALEXION PHARMACEUTICALS INC Cusip: 015351109	24,432	$2,367,216	0.60 %
50.	SEVEN BANK LTD Cusip: 817825995	1,248	$2,365,203	0.60 %
51.	JIANGSU EXPRESS CO LTD-H Cusip: 477311997	2,182,000	$2,314,478	0.59 %
52.	RED ELECTRICA CORPORACION SA Cusip: 756499992	36,136	$2,305,764	0.59 %
53.	WOONGJIN COWAY CO LTD Cusip: 980760995	68,800	$2,299,279	0.59 %
54.	ASCENDAS REAL ESTATE INV TRT Cusip: 043740992	1,372,649	$2,279,755	0.58 %
55.	NORTHAM PLATINUM LTD Cusip: 663533990	343,700	$2,266,901	0.58 %
56.	CDL HOSPITALITY TRUSTS Cusip: 125098996	1,367,400	$2,258,501	0.58 %
57.	MAPLETREE LOGISTICS TRUST Cusip: 565437993	2,960,000	$2,189,851	0.56 %
58.	NATURA COSMETICOS SA Cusip: 638846998	77,300	$2,169,333	0.55 %
59.	WORLD FUEL SERVICES CORP Cusip: 981475106	54,574	$2,160,038	0.55 %
60.	MERSEN (EX CARBON LORRAINE) Cusip: 140899998	35,108	$2,134,089	0.55 %
61.	AEON DELIGHT CO LTD Cusip: 008166993	109,738	$2,103,461	0.54 %
62.	START TODAY CO LTD Cusip: 855701991	120,000	$2,097,881	0.54 %
63.	ORIX JREIT INC Cusip: 686477993	380	$2,074,464	0.53 %
64.	NEW ORIENTAL EDUCATIO-SP ADR Cusip: 647581107	16,550	$2,062,792	0.53 %
65.	VOSSLOH AG Cusip: 929049997	14,280	$2,052,898	0.52 %
66.	ARCHIPELAGO RESOURCES PLC Cusip: 03956P995	1,869,380	$2,047,800	0.52 %
67.	GRUPO AEROPORTUARIO SUR-ADR Cusip: 40051E202	34,478	$2,039,718	0.52 %
68.	TOD'S SPA Cusip: 888930997	14,900	$2,022,636	0.52 %
69.	SHRIRAM TRANSPORT FINANCE Cusip: 821109980	114,500	$2,009,019	0.51 %
70.	ANSALDO STS SPA Cusip: 036599991	130,000	$2,008,291	0.51 %
71.	RUBIS Cusip: 781200993	16,300	$2,003,848	0.51 %
72.	CTS EVENTIM Cusip: 229485990	26,696	$2,000,763	0.51 %
73.	MAPLETREE INDUSTRIAL TRUST Cusip: 565426996	2,200,000	$1,944,255	0.50 %
74.	BIOMARIN PHARMACEUTICAL INC Cusip: 09061G101	71,738	$1,929,034	0.49 %
75.	FMC TECHNOLOGIES INC Cusip: 30249U101	41,064	$1,908,654	0.49 %
76.	HOSHIZAKI ELECTRIC CO LTD Cusip: 440939999	97,300	$1,891,477	0.48 %
77.	KOMERCNI BANKA AS Cusip: 500457999	7,168	$1,890,348	0.48 %
78.	JAIN IRRIGATION SYSTEMS LTD Cusip: 468926993	456,240	$1,889,906	0.48 %
79.	KINTETSU WORLD EXPRESS INC Cusip: 496800996	55,651	$1,879,942	0.48 %
80.	STOCKMANN OYJ ABP-B SHARE Cusip: 861342996	60,439	$1,854,838	0.47 %
81.	BANK SARASIN & CIE AG-REG B Cusip: 066760992	41,632	$1,828,920	0.47 %
82.	WORKSPACE GROUP PLC Cusip: 980904999	3,775,000	$1,828,615	0.47 %
83.	NHN CORP Cusip: 629210998	9,100	$1,805,313	0.46 %
84.	ARCADIS NV Cusip: 039102991	69,222	$1,787,066	0.46 %
85.	SHANDONG WEIGAO GP MEDICAL-H Cusip: 819418971	650,000	$1,784,576	0.46 %
86.	ASAHI DIAMOND INDUSTRIAL CO Cusip: 605478007	85,000	$1,768,111	0.45 %
87.	CREDITO EMILIANO SPA Cusip: 225425990	256,297	$1,765,965	0.45 %
88.	MRV ENGENHARIA Cusip: 624747994	202,100	$1,763,814	0.45 %
89.	PETER HAMBRO MINING PLC Cusip: 716017991	117,500	$1,760,647	0.45 %
90.	KAMIGUMI CO LTD Cusip: 483630992	205,394	$1,759,158	0.45 %
91.	WACOM CO LTD Cusip: 930034996	1,369	$1,749,631	0.45 %
92.	PRESIDENT CHAIN STORE CORP Cusip: 740910997	318,600	$1,749,017	0.45 %
93.	HAMAMATSU PHOTONICS KK Cusip: 406500991	44,254	$1,741,323	0.44 %
94.	CHINA COMMUNICATIONS SERVI-H Cusip: 169245990	2,809,000	$1,717,195	0.44 %
95.	MONGOLIAN MINING CORP Cusip: 609222997	1,462,300	$1,716,875	0.44 %
96.	AIN PHARMACIEZ INC Cusip: 008915993	44,092	$1,716,513	0.44 %
97.	PIERRE & VACANCES Cusip: 720840990	19,200	$1,712,825	0.44 %
98.	NAKANISHI INC Cusip: 629745993	16,262	$1,706,156	0.44 %
99.	IVANHOE MINES LTD Cusip: 46579N996	64,282	$1,685,606	0.43 %
100.	SIMCORP A/S Cusip: 828591990	9,275	$1,685,492	0.43 %
101.	HUTCHINSON PORT HOLDINGS TRST Cusip: 448415984	1,800,000	$1,656,000	0.42 %
102.	AG GROWTH INTERNATIONAL INC Cusip: 001181999	32,100	$1,654,957	0.42 %
103.	KURARAY CO LTD Cusip: 501265995	113,200	$1,649,041	0.42 %
104.	REDES ENERGETICAS NACIONAIS Cusip: 757299995	432,600	$1,646,716	0.42 %
105.	OSAKA SECURITIES EXCHANGE CO Cusip: 687740993	318	$1,624,211	0.42 %
106.	JARDINE LLOYD THOMPSON GROUP Cusip: 471110999	137,000	$1,615,543	0.41 %
107.	IBIDEN CO LTD Cusip: 450800990	47,244	$1,595,075	0.41 %
108.	NORBERT DENTRESSANGLE Cusip: 655423994	13,300	$1,565,503	0.40 %
109.	GEMALTO Cusip: 368620993	30,000	$1,537,656	0.39 %
110.	JUPITER TELECOMMUNICATIONS Cusip: 482065992	1,428	$1,534,830	0.39 %
111.	USHIO INC Cusip: 917295990	75,339	$1,534,014	0.39 %
112.	TSUMURA & CO Cusip: 898535992	49,204	$1,530,430	0.39 %
113.	PDG REALTY SA Cusip: 704536994	260,000	$1,530,383	0.39 %
114.	COBHAM PLC Cusip: 190902999	400,000	$1,527,899	0.39 %
115.	CIR SPA Cusip: 172529992	582,300	$1,526,578	0.39 %
116.	REXCAPITAL FINANCIAL HOLDING Cusip: 761646991	14,984,326	$1,525,197	0.39 %
117.	TELEPERFORMANCE Cusip: 879445997	39,800	$1,518,840	0.39 %
118.	SINGAPORE EXCHANGE LTD Cusip: 829296888	238,000	$1,518,499	0.39 %
119.	RHOEN-KLINIKUM AG Cusip: 762421998	65,993	$1,509,679	0.39 %
120.	DAISEKI CO LTD Cusip: 234025997	70,229	$1,490,639	0.38 %
121.	GEOX SPA Cusip: 373480995	210,000	$1,484,290	0.38 %
122.	SHINSEI BANK LTD Cusip: 824854996	1,207,800	$1,452,468	0.37 %
123.	ONEX CORPORATION Cusip: 68272K103	37,900	$1,422,026	0.36 %
124.	MAKITA CORP Cusip: 560509994	30,285	$1,392,529	0.36 %
125.	RMI HOLDINGS Cusip: B50NQ6998	761,600	$1,375,868	0.35 %
126.	INTRALOT S.A.-INTEGRATED LOT Cusip: 46117M997	384,900	$1,373,928	0.35 %
127.	GLOBEOP FINANCIAL SERVICES Cusip: B1XM3X908	188,000	$1,362,871	0.35 %
128.	PADDY POWER PLC Cusip: 695258996	27,742	$1,355,150	0.35 %
129.	CORE LABORATORIES N.V. Cusip: N22717107	14,084	$1,351,782	0.35 %
130.	HOME PRODUCT CENTER PCL-FOR Cusip: 437298987	4,638,867	$1,339,043	0.34 %
131.	IVANHOE MINES LTD Cusip: 46579N103	50,863	$1,336,679	0.34 %
132.	TERNA SPA Cusip: 880798996	264,200	$1,322,661	0.34 %
133.	SHIMADZU CORP Cusip: 824920995	152,000	$1,320,553	0.34 %
134.	ASIAN PAINTS LTD Cusip: 045176997	20,800	$1,306,763	0.33 %
135.	AEON MALL CO LTD Cusip: 00761P996	53,874	$1,295,686	0.33 %
136.	TEXTAINER GROUP HOLDINGS LTD Cusip: G8766E109	36,504	$1,294,431	0.33 %
137.	PREMIER OIL PLC Cusip: 740513999	38,500	$1,293,996	0.33 %
138.	MULTIPLUS SA Cusip: 624679999	63,000	$1,285,869	0.33 %
139.	GLORY LTD Cusip: 379630999	58,062	$1,275,161	0.33 %
140.	NEXT PLC ORD Cusip: 652500992	34,000	$1,273,886	0.33 %
141.	USG PEOPLE NV Cusip: 913000998	64,182	$1,270,519	0.32 %
142.	NIPPON SHEET GLASS CO LTD Cusip: 654624998	427,000	$1,257,353	0.32 %
143.	FUKUOKA REIT CORP Cusip: 359599990	169	$1,254,566	0.32 %
144.	FORMOSA INTERNATIONAL HOTELS Cusip: 346387996	66,808	$1,245,243	0.32 %
145.	ABCAM PLC Cusip: 003249992	188,765	$1,241,507	0.32 %
146.	MUNDRA PORT AND SEZ LIMITED Cusip: 625802996	378,100	$1,236,807	0.32 %
147.	SA SA INTERNATIONAL HLDGS Cusip: 803103977	2,060,000	$1,235,857	0.32 %
148.	QUIMICA Y MINERA CHIL-SP ADR Cusip: 833635105	20,210	$1,233,416	0.32 %
149.	EVERLIGHT ELECTRONICS CO LTD Cusip: 299890996	428,410	$1,226,504	0.31 %
150.	GOODPACK LTD Cusip: 382386993	749,000	$1,213,022	0.31 %
151.	IDFC LTD Cusip: 456845999	366,600	$1,207,503	0.31 %
152.	ROTORK PLC Cusip: 778950998	42,000	$1,206,900	0.31 %
153.	CHINA STEEL CHEMICAL CORP Cusip: 613631993	194,000	$1,195,147	0.31 %
154.	ICOM INC Cusip: 452002991	40,158	$1,190,218	0.30 %
155.	ELRINGKLINGER AG Cusip: 290152990	33,100	$1,161,182	0.30 %
156.	JAPAN AIRPORT TERMINAL CO Cusip: 471030999	89,472	$1,157,252	0.30 %
157.	L OCCITANE INTERNATIONAL SA Cusip: 502362999	481,000	$1,153,162	0.29 %
158.	REI AGRO LTD Cusip: 672680998	1,915,400	$1,148,312	0.29 %
159.	ST SHINE OPTICAL CO LTD Cusip: 792288995	78,000	$1,144,882	0.29 %
160.	BRISTOW GROUP INC Cusip: 110394103	24,493	$1,136,475	0.29 %
161.	BANCO COMERCIAL PORTUGUES-R Cusip: 059465997	1,389,357	$1,109,179	0.28 %
162.	MEGASTUDY CO LTD Cusip: 584877997	7,800	$1,107,943	0.28 %
163.	HOUSING DEVELOPMENT FINANCE Cusip: 442119996	68,922	$1,102,569	0.28 %
164.	TORISHIMA PUMP MFG CO LTD Cusip: 891047995	67,963	$1,086,657	0.28 %
165.	MAPLETREE COMMERCIAL TRUST Cusip: B5143W898	1,499,900	$1,078,315	0.28 %
166.	BLACK DIAMOND GROUP LTD Cusip: 092010974	37,288	$1,077,476	0.28 %
167.	SMITH & NEPHEW PLC Cusip: 831911995	97,353	$1,069,184	0.27 %
168.	FAR EASTONE TELECOMM CO LTD Cusip: 310532999	700,600	$1,062,925	0.27 %
169.	HONG KONG EXCHANGES & CLEAR Cusip: 434150991	46,000	$1,051,931	0.27 %
170.	ARYZTA AG Cusip: 043379999	19,058	$1,047,249	0.27 %
171.	MIURA CO LTD Cusip: 606850998	36,650	$1,041,309	0.27 %
172.	TULLOW OIL PLC Cusip: 899255996	43,081	$1,033,651	0.26 %
173.	MANAPPURAM GEN FIN & LEASING Cusip: 561683996	341,000	$1,026,476	0.26 %
174.	PIGEON CORP Cusip: 720900992	27,500	$946,970	0.24 %
175.	TAIWAN HON CHUAN ENTERPRISE Cusip: 871433991	322,000	$942,887	0.24 %
176.	POYRY OYJ Cusip: 465910990	55,285	$941,681	0.24 %
177.	S. KUMARS NATIONWIDE LTD Cusip: 786436998	599,100	$926,450	0.24 %
178.	WASION GROUP HOLDINGS LTD Cusip: 929577997	1,700,000	$887,236	0.23 %
179.	KAKAKU.COM INC Cusip: 483059994	153	$881,711	0.23 %
180.	51JOB INC-ADR Cusip: 316827104	15,500	$867,845	0.22 %
181.	UNIBET GROUP PLC-SDR Cusip: X9415A101	39,000	$856,813	0.22 %
182.	SINTOKOGIO LTD Cusip: 831421995	84,600	$846,479	0.22 %
183.	TAHOE RESOURCES INC Cusip: 873868996	36,400	$827,911	0.21 %
184.	ORC SOFTWARE AB Cusip: 685744997	47,300	$759,311	0.19 %
185.	HORIZON NORTH LOGISTICS INC Cusip: 441522992	149,814	$744,201	0.19 %
186.	STERLING RESOURCES LTD Cusip: 858915994	175,000	$726,893	0.19 %
187.	CORONATION FUND MANAGERS LTD Cusip: 662271998	249,700	$722,665	0.18 %
188.	CANACOL ENERGY LTD LEGENDED SHARES Cusip: 13599U970	534,000	$722,422	0.18 %
189.	MORI HILLS REIT INVESTMENT C - REIT Cusip: 617721998	205	$709,951	0.18 %
190.	DEETHREE EXPLORATION LTD LEGENDED SH Cusip: ACI007NR5	167,000	$690,133	0.18 %
191.	CENTRAL EURO DISTRIBUTION CP Cusip: 153435102	58,230	$688,278	0.18 %
192.	HI-MEDIA SA Cusip: 428826994	108,104	$662,889	0.17 %
193.	MAIL.RU GROUP LTD-GDR 144A Cusip: 560317992	21,400	$656,980	0.17 %
194.	PAN ORIENT ENERGY CORP Cusip: 698334992	95,096	$613,101	0.16 %
195.	DEUTSCHE BETEILIGUNGS AG Cusip: 251531992	20,086	$589,950	0.15 %
196.	SOUTHERN ARC MINERALS INC Cusip: B0CLZL997	352,500	$580,079	0.15 %
197.	KESA ELECTRICALS PLC Cusip: 492500996	252,800	$545,684	0.14 %
198.	GUYANA GOLDFIELDS INC 144A Cusip: 403530991	50,000	$494,107	0.13 %
199.	FLYBE GROUP PLC-W/I Cusip: 344111992	125,500	$481,098	0.12 %
200.	SEEK LTD Cusip: 815201991	60,000	$459,018	0.12 %
201.	GULF UNITED ENERGY INC PIPE Cusip: 402580443	1,333,000	$455,886	0.12 %
202.	SHAFTESBURY PLC Cusip: 819147992	52,400	$450,401	0.12 %
203.	PURECIRCLE LTD Cusip: 746139989	218,348	$374,343	0.10 %
204.	ZUOAN FASHION LTD-SPON ADR Cusip: 98982X103	46,500	$319,455	0.08 %
205.	MADALENA VENTURES INC Cusip: B10S7C994	400,000	$304,391	0.08 %
206.	SURUGA BANK LTD Cusip: 868890997	36,095	$301,273	0.08 %
207.	DEETHREE EXPLORATION LTD Cusip: 24461P106	72,400	$299,195	0.08 %
208.	NOAH HOLDINGS LTD-SPON ADS Cusip: 65487X102	16,300	$293,237	0.07 %
209.	EMENTOR ASA Cusip: 290950997	24,900	$275,263	0.07 %
210.	EACOM TIMBER CORP Cusip: 269388104	420,000	$190,878	0.05 %
211.	SINYI REALTY CO Cusip: 829463991	72,300	$150,428	0.04 %
212.	EVS BROADCAST EQUIPMENT S.A. Cusip: 300362993	2,000	$137,006	0.04 %
213.	PAINTS & CHEMICAL INDUSTRIES Cusip: 695610998	15,000	$90,930	0.02 %
214.	BANCO COMERCIAL PORTUGU - RTS Cusip: 059465989	1,389,357	$47,330	0.01 %
215.	ACE HARDWARE INDONESIA Cusip: 044123982	97,600	$30,200	0.01 %
	Other Assets less Liabilities Cusip:		$1,761,705	0.45 %
Net Assets			$391,323,737	100.00 %

Security		% of Net Assets
1.	ALLY FINANCIAL INC	1.84
2.	QWEST CORPORATION	1.52
3.	FORD MOTOR CREDIT COMPANY LLC	1.31
4.	HCA INC	1.28
5.	WIND ACQUISITION FINANCE SA	1.12
6.	SPRINT CAPITAL CORPORATION	1.10
7.	CUMULUS MEDIA INC TL 2ND LN 6.00	1.07
8.	CIT GROUP INC	1.07
9.	EL PASO CORP	1.06
10.	CHESAPEAKE ENERGY CORPORATION	0.94

The top 10 holdings represent 12.32 % of the Fund's net assets.

Security		Shares/ Principal	Market Value	% of Net Assets
1.	ALLY FINANCIAL INC Cusip: 02005NAE0	5,363,000	$5,497,075	1.84 %
2.	QWEST CORPORATION Cusip: 74913GAX3	4,165,000	$4,539,850	1.52 %
3.	FORD MOTOR CREDIT COMPANY LLC Cusip: 345397VR1	3,741,000	$3,898,612	1.31 %
4.	HCA INC Cusip: 404119BK4	3,627,000	$3,826,485	1.28 %
5.	WIND ACQUISITION FINANCE SA Cusip: 97314XAF1	3,689,000	$3,329,322	1.12 %
6.	SPRINT CAPITAL CORPORATION Cusip: 852060AD4	4,607,000	$3,288,246	1.10 %
7.	CUMULUS MEDIA INC TL 2ND LN 6.00 Cusip: BAX39UEE4	3,283,000	$3,188,613	1.07 %
8.	CIT GROUP INC Cusip: 125581GA0	3,190,000	$3,186,012	1.07 %
9.	EL PASO CORP Cusip: 28336LBV0	2,899,000	$3,167,157	1.06 %
10.	CHESAPEAKE ENERGY CORPORATION Cusip: 165167CF2	2,632,000	$2,809,660	0.94 %
11.	KRATOS DEFENSE & SECURITY SOLUTION Cusip: 50077BAC2	2,691,000	$2,758,275	0.93 %
12.	OCTAVIUS TOWER & PROJECT TLB 8.0 Cusip: BAX39NVV3	2,827,000	$2,682,823	0.90 %
13.	ETRADE FINANCIAL CORP Cusip*: 269246AT1	2,372,000	$2,680,360	0.90 %
14.	SPRINT NEXTEL CORPORATION Cusip: 852061AK6	2,495,000	$2,616,631	0.88 %
15.	CRICKET COMMUNICATIONS INC. Cusip: 226566AK3	2,531,000	$2,613,257	0.88 %
16.	VANTAGE DRILLING CO Cusip: 676253AC1	2,323,000	$2,511,743	0.84 %
17.	SINCLAIR TELEVISION GROUP INC Cusip: 829259AA8	2,239,000	$2,440,510	0.82 %
18.	LYONDELLBASELL INDUSTRIES Cusip: 552081AC5	2,285,000	$2,370,687	0.80 %
19.	BUILDING MATERIALS CORP OF AMERICA Cusip: 120111BL2	2,155,000	$2,262,750	0.76 %
20.	QWEST CORPORATION Cusip: 912920AB1	2,260,000	$2,260,675	0.76 %
21.	DISH DBS CORP Cusip: 25470XAE5	2,093,000	$2,255,207	0.76 %
22.	NXP BV/NXP FUNDING LLC Cusip: 62947QAK4	2,016,000	$2,207,520	0.74 %
23.	MGM RESORTS INTERNATIONAL Cusip: 55303QAD2	1,993,000	$2,207,247	0.74 %
24.	CASE NEW HOLLAND INC Cusip: 147446AR9	1,947,000	$2,200,110	0.74 %
25.	CCO HOLDINGS LLC/CAP CORP Cusip: 1248EPAS2	2,110,000	$2,199,675	0.74 %
26.	LAREDO PETROLEUM INC Cusip: 516807AA2	2,060,000	$2,183,600	0.73 %
27.	INEOS FINANCE PLC Cusip: 44984WAA5	2,105,000	$2,136,575	0.72 %
28.	ADS TACTICAL INC Cusip: 00101DAA7	2,133,000	$2,133,000	0.72 %
29.	REYNOLDS GROUP Cusip: 74959GAA8	2,083,000	$2,119,452	0.71 %
30.	SPECTRUM BRANDS INC Cusip: 84762LAG0	1,915,000	$2,094,531	0.70 %
31.	CENTURYLINK INC Cusip: 156700AR7	2,063,000	$2,066,800	0.69 %
32.	CONSOL ENERGY INC. Cusip: 20854PAF6	1,785,000	$1,972,425	0.66 %
33.	FMG RESOURCES (AUGUST 2006) PTY LT Cusip: 30251GAA5	1,937,000	$1,956,370	0.66 %
34.	UNIVISION COMMUNICATIONS INC Cusip: 914906AH5	1,923,000	$1,951,845	0.65 %
35.	CA CABAZON BAND MISSION INDIANS Cusip: 126791AA0	3,250,000	$1,950,000	0.65 %
36.	CEQUEL COMMUNICATIONS HLDG LLC Cusip: 15672WAA2	1,834,000	$1,944,040	0.65 %
37.	VANGUARD HEALTH SYSTEMS INC Cusip: 92203PAE6	1,940,000	$1,925,450	0.65 %
38.	AES CORPORATION Cusip: 00130HBR5	1,764,000	$1,900,710	0.64 %
39.	KODIAK OIL & GAS CORP Cusip: 50015QAA8	1,824,000	$1,890,120	0.63 %
40.	XM SATELLITE RADIO INC Cusip: 98375YAZ9	1,783,000	$1,889,980	0.63 %
41.	ROC FINANCE LLC Cusip: 74965WAA5	1,793,000	$1,887,132	0.63 %
42.	WIRECO WORLDGROUP INC Cusip: 97654NAA2	1,840,000	$1,851,500	0.62 %
43.	AMC NETWORKS INC Cusip: 00164VAA1	1,679,000	$1,825,912	0.61 %
44.	CARRIZO OIL & GAS INC Cusip: 144577AC7	1,777,000	$1,794,770	0.60 %
45.	INTERNATIONAL LEASE FINANCE CORP Cusip: 459745GE9	1,670,000	$1,724,275	0.58 %
46.	INTERACTIVE DATA CORP Cusip: 45840JAB3	1,505,000	$1,647,975	0.55 %
47.	HCA INC Cusip: 404121AC9	1,581,000	$1,640,287	0.55 %
48.	SEMINOLE TRIBE OF FLORIDA Cusip: 81683RAJ3	1,660,000	$1,629,804	0.55 %
49.	NIELSEN FINANCE LLC Cusip: 65409QAY8	1,471,000	$1,588,680	0.53 %
50.	HCA INC Cusip: 404121AD7	1,544,000	$1,578,740	0.53 %
51.	STARWOOD HOTELS & RESORTS Cusip: 85590AAL8	1,395,000	$1,576,350	0.53 %
52.	COTT BEVERAGES USA INC. Cusip: 221643AD1	1,439,000	$1,552,321	0.52 %
53.	CDW LLC / CDW FINANCE CORP Cusip: 12513GAX7	1,535,000	$1,546,512	0.52 %
54.	HEXION FINANCE ESCROW LLC Cusip: 428303AJ0	1,642,000	$1,539,375	0.52 %
55.	ARCH COAL INC Cusip: 039380AD2	1,491,000	$1,528,275	0.51 %
56.	VISTEON CORPORATION Cusip: 92839UAE7	1,563,000	$1,523,925	0.51 %
57.	CSC HOLDINGS INC Cusip: 126307AD9	1,447,000	$1,522,967	0.51 %
58.	HEALTH MANAGEMENT ASSOCIATES INC Cusip: 421933AK8	1,444,000	$1,501,760	0.50 %
59.	OSHKOSH CORP Cusip: 688225AD3	1,443,000	$1,486,290	0.50 %
60.	INTELSAT JACKSON HOLDINGS LTD Cusip: 45820EAX0	1,405,000	$1,476,128	0.50 %
61.	PETROHAWK ENERGY CORP Cusip: 716495AL0	1,307,000	$1,470,375	0.49 %
62.	UNITED RENTALS NA INC Cusip: 911365AU8	1,400,000	$1,470,000	0.49 %
63.	CHESAPEAKE ENERGY CORPORATION Cusip: 165167CG0	1,424,000	$1,463,160	0.49 %
64.	REGENCY ENERGY PARTNERS LP Cusip: 75886AAF5	1,389,000	$1,444,560	0.48 %
65.	CF INDUSTRIES HOLDINGS INC Cusip: 12527GAA1	1,260,000	$1,442,700	0.48 %
66.	LEAR CORPORATION Cusip: 521865AR6	1,325,000	$1,431,000	0.48 %
67.	SALEM COMMUNICATIONS CORPORATION Cusip: 794093AF1	1,340,000	$1,413,700	0.47 %
68.	NALCO COMPANY Cusip: 629855AQ0	1,220,000	$1,412,150	0.47 %
69.	CCO HOLDINGS LLC/CAP CORP Cusip: 1248EPAP8	1,289,000	$1,411,455	0.47 %
70.	QUEBECOR MEDIA INC Cusip: 74819RAK2	1,340,000	$1,376,850	0.46 %
71.	SPRINGLEAF FINANCE CORP Cusip: 85171RAA2	1,896,000	$1,369,860	0.46 %
72.	HUNTINGTON INGALLS INDUSTRIES INC Cusip: 446413AC0	1,370,000	$1,342,600	0.45 %
73.	SLM CORP Cusip: 78442FEJ3	1,321,000	$1,334,210	0.45 %
74.	CONVATEC HEALTHCARE Cusip: 21244WAA9	1,494,000	$1,333,395	0.45 %
75.	GREEN FIELD ENERGY SERVICES INC Cusip: 39304KAA4	1,358,000	$1,317,260	0.44 %
76.	REYNOLDS GROUP Cusip: 74959HAB4	1,353,000	$1,312,410	0.44 %
77.	AMKOR TECHNOLOGY INC Cusip: 031652BE9	1,363,000	$1,311,887	0.44 %
78.	CLEAR CHANNEL COMMUNICATIONS B Cusip: 18451QAD0	1,198,000	$1,293,840	0.43 %
79.	EL PASO CORPORATION Cusip: 28336LBR9	1,179,000	$1,291,005	0.43 %
80.	UNITED RENTALS NORTH AMERICA INC Cusip: 911365AW4	1,320,000	$1,287,000	0.43 %
81.	FIRST DATA CORPORATION Cusip: 319963AW4	1,260,000	$1,260,000	0.42 %
82.	CNH CAPITAL LLC Cusip: 12623EAA9	1,201,000	$1,237,030	0.42 %
83.	CALCIPAR SA Cusip: 128690AA2	1,370,000	$1,233,000	0.41 %
84.	OASIS PETROLEUM INC Cusip: 674215AD0	1,222,000	$1,212,835	0.41 %
85.	INVENTIV HEALTH INC Cusip: 46122EAA3	1,341,000	$1,206,900	0.40 %
86.	MARKWEST ENERGY PARTNERS LP Cusip: 570506AP0	1,150,000	$1,201,750	0.40 %
87.	FRONTIER COMMUNICATIONS CORP Cusip: 35906AAH1	1,173,000	$1,200,858	0.40 %
88.	FMG RESOURCES (AUGUST 2006) PTY LT Cusip: 30251GAH0	1,180,000	$1,191,800	0.40 %
89.	QEP RESOURCES INC Cusip: 74733VAA8	1,105,000	$1,190,637	0.40 %
90.	MYLAN INC Cusip: 628530AP2	1,134,000	$1,166,602	0.39 %
91.	CIT GROUP INC Cusip: 125577BC9	1,135,000	$1,166,212	0.39 %
92.	JMC STEEL GROUP Cusip: 47759YAA7	1,193,000	$1,163,175	0.39 %
93.	INTELSAT JACKSON HLDGS SA Cusip: 45824TAF2	1,150,000	$1,162,937	0.39 %
94.	PEABODY ENERGY CORPORATION Cusip: 704549AJ3	1,124,000	$1,146,480	0.38 %
95.	OASIS PETROLEUM INC Cusip: 674215AC2	1,094,000	$1,132,290	0.38 %
96.	COLUMBIA SHORT TERM CASH FUND Cusip: 19766H239	1,131,102.17	$1,131,102	0.38 %
97.	CASCADES INC Cusip: 146900AG0	1,140,000	$1,128,600	0.38 %
98.	IGATE CORPORATION Cusip: 45169UAA3	1,077,000	$1,120,080	0.38 %
99.	CAPITAL ONE CAPITAL Cusip: 140422AA4	1,115,000	$1,101,062	0.37 %
100.	IPALCO ENTERPRISES INC Cusip: 462613AE0	1,025,000	$1,096,750	0.37 %
101.	SOUTHERN STAR CENT CORP Cusip: 843830AD2	1,070,000	$1,088,725	0.37 %
102.	GRIFOLS INC Cusip: 398436AA3	1,036,000	$1,087,800	0.36 %
103.	CALPINE CONSTRUCTION FINANCE CO LP Cusip: 13134YAD9	1,000,000	$1,080,000	0.36 %
104.	CONCHO RESOURCES INC Cusip: 20605PAB7	1,003,000	$1,076,971	0.36 %
105.	NEFF RENTAL LLC/NEFF FINANCE CORP Cusip: 640096AD5	1,210,000	$1,070,850	0.36 %
106.	AMSTED INDUSTRIES INC Cusip: 032177AD9	1,000,000	$1,061,250	0.36 %
107.	CARDTRONICS INC Cusip: 14161HAE8	970,000	$1,057,300	0.35 %
108.	QUEBECOR MEDIA INC Cusip: 74819RAG1	1,025,000	$1,053,187	0.35 %
109.	PAETEC HOLDING CORP Cusip: 695459AF4	955,000	$1,050,500	0.35 %
110.	RANGE RESOURCES CORPORATION Cusip: 75281AAL3	945,000	$1,045,406	0.35 %
111.	HERTZ CORP Cusip: 428040CD9	980,000	$1,024,100	0.34 %
112.	REYNOLDS GROUP Cusip: 74959HAA6	976,000	$1,019,920	0.34 %
113.	RAIN CII CARBON LLC Cusip: 75079RAA6	996,000	$1,018,410	0.34 %
114.	CHAPARRAL ENERGY INC Cusip: 15942RAB5	987,000	$999,337	0.34 %
115.	NORCRAFT COS/FINANCE Cusip: 65556TAD9	1,056,000	$984,720	0.33 %
116.	INTELSAT BERMUDA LTD PIK Cusip: 458204AJ3	1,012,000	$976,580	0.33 %
117.	EH HOLDING CORP Cusip: 268520AC7	925,000	$971,250	0.33 %
118.	MEG ENERGY CORP Cusip: 552704AA6	945,000	$966,262	0.32 %
119.	CONSOL ENERGY INC. Cusip: 20854PAD1	880,000	$963,600	0.32 %
120.	HUNTINGTON INGALLS INDUSTRIES INC Cusip: 446413AA4	981,000	$961,380	0.32 %
121.	CPM HOLDINGS INC Cusip: 12620XAC6	902,000	$960,630	0.32 %
122.	GIBRALTAR INDUSTRIES INC Cusip: 374689AC1	960,000	$960,000	0.32 %
123.	ALLY FINANCIAL INC Cusip: 02005NAJ9	950,000	$959,500	0.32 %
124.	LEVEL 3 FINANCING INC Cusip: 527297AA3	974,000	$959,390	0.32 %
125.	NOVELIS INC Cusip: 67000XAM8	891,000	$955,597	0.32 %
126.	POLYPORE INTERNATIONAL INC Cusip: 73179VAF0	920,000	$952,200	0.32 %
127.	AMC ENTERTAINMENT HOLDINGS INC Cusip: 00165AAD0	1,000,000	$950,000	0.32 %
128.	MULTIPLAN INC Cusip: 62546RAB7	909,000	$947,632	0.32 %
129.	SEALY MATTRESS COMPANY Cusip: 812141AN9	949,000	$939,510	0.32 %
130.	NII CAPITAL CORP Cusip: 67021BAE9	941,000	$933,942	0.31 %
131.	CONTINENTAL RESOURCES INC Cusip: 212015AF8	860,000	$932,025	0.31 %
132.	SPEEDWAY MOTORSPORTS INC Cusip: 847788AN6	850,000	$926,500	0.31 %
133.	EMDEON INC Cusip: 07370UAA8	880,000	$920,700	0.31 %
134.	CHS/COMMUNITY HEALTH SYSTEMS INC Cusip: 12543DAK6	910,000	$919,100	0.31 %
135.	UNITED REFINING CO Cusip: 911358AK5	982,000	$918,170	0.31 %
136.	UNIVISION COMMUNICATIONS INC Cusip: 914906AK8	1,005,000	$914,550	0.31 %
137.	BELO CORPORATION Cusip: 080555AJ4	840,000	$909,300	0.31 %
138.	MANITOWOC COMPANY INC (THE) Cusip: 563571AG3	850,000	$905,250	0.30 %
139.	NOVA CHEMICALS CORP Cusip: 66977WAM1	805,000	$887,512	0.30 %
140.	GOODRICH PETROLEUM CORPORATION Cusip: 382410AD0	878,000	$878,000	0.29 %
141.	TUNICA-BILOXI GAMING AUTHORITY Cusip: 899745AA1	876,000	$876,000	0.29 %
142.	ETRADE FINANCIAL CORP Cusip*: 269246AP9	870,000	$874,350	0.29 %
143.	LEVEL 3 FINANCING INC Cusip: 527298AP8	807,000	$855,420	0.29 %
144.	PAETEC HOLDING CORP Cusip: 695459AD9	785,000	$847,800	0.28 %
145.	MANITOWOC COMPANY INC Cusip: 563571AH1	795,000	$837,731	0.28 %
146.	DISH DBS CORP Cusip: 25470XAB1	734,000	$829,420	0.28 %
147.	HERTZ CORP Cusip: 428040CG2	808,000	$821,130	0.28 %
148.	WIND ACQUISITION FINANCE SA Cusip: 97314XAE4	907,000	$811,765	0.27 %
149.	FIRST DATA CORPORATION Cusip: 319963BA1	932,000	$810,840	0.27 %
150.	INSIGHT COMMUNICATIONS CO INC Cusip: 45768VAD0	705,000	$805,462	0.27 %
151.	FIRST DATA CORPORATION PIK Cusip: 319963AT1	843,000	$804,011	0.27 %
152.	JM HUBER CORP Cusip: 44352UAA3	785,000	$802,662	0.27 %
153.	LEVEL 3 COMMUNICATIONS INC Cusip: 52729NBT6	750,000	$798,750	0.27 %
154.	SHEA HOMES FUNDING CORP Cusip: 82088KAA6	854,000	$798,490	0.27 %
155.	SLM CORPORATION Cusip: 78442FEK0	820,000	$797,432	0.27 %
156.	AMKOR TECHNOLOGY INC Cusip: 031652BC3	777,000	$794,482	0.27 %
157.	INTERNATIONAL LEASE FINANCE CORP Cusip: 459745GF6	785,000	$792,850	0.27 %
158.	WPX ENERGY INC Cusip: 98212BAB9	768,000	$786,240	0.26 %
159.	PEABODY ENERGY CORPORATION Cusip: 704549AL8	749,000	$775,215	0.26 %
160.	SENECA GAMING CORP Cusip: 817082AF7	790,000	$772,225	0.26 %
161.	RANGE RESOURCES CORPORATION Cusip: 75281AAM1	712,000	$770,740	0.26 %
162.	GOODMAN NETWORKS INC Cusip: 38239HAA3	803,000	$766,865	0.26 %
163.	ARCH COAL INC Cusip: 039380AF7	740,000	$760,350	0.26 %
164.	SOUTHWESTERN ENERGY COMPANY Cusip: 845467AE9	655,000	$754,887	0.25 %
165.	RITE AID CORPORATION Cusip: 767754BT0	825,000	$752,812	0.25 %
166.	METROPCS WIRELESS INC. Cusip: 591709AK6	740,000	$751,100	0.25 %
167.	INTERNATIONAL LEASE FINANCE CORP Cusip: 459745GH2	810,000	$748,269	0.25 %
168.	FREESCALE SEMICONDUCTOR INC Cusip: 35687MAT4	700,000	$748,125	0.25 %
169.	ENERGY FUTURE HOLDINGS CORP Cusip: 292680AH8	705,000	$740,250	0.25 %
170.	NATIONAL CINEMEDIA LLC Cusip: 63530QAC3	742,000	$735,507	0.25 %
171.	HARRAHS OPERATING CO INC Cusip: 413627BL3	691,000	$733,323	0.25 %
172.	INTL LEASE FINANCE CORP Cusip: 459745GK5	719,000	$727,345	0.24 %
173.	HANGER ORTHOPEDIC GROUP INC Cusip: 41043FAJ8	708,000	$719,505	0.24 %
174.	COMMSCOPE INC Cusip: 203372AH0	709,000	$709,000	0.24 %
175.	MGM RESORTS INTERNATIONAL Cusip: 55303QAA8	636,000	$699,600	0.23 %
176.	INTELSAT BERMUDA LTD Cusip: 458204AF1	712,000	$687,080	0.23 %
177.	GENON ENERGY INC Cusip: 37244DAC3	673,000	$681,412	0.23 %
178.	UPCB FINANCE V LTD Cusip: 90320TAA8	672,000	$680,192	0.23 %
179.	WINDSTREAM CORP Cusip: 97381WAP9	630,000	$674,887	0.23 %
180.	AVIS BUDGET CAR RENTAL Cusip: 053773AN7	657,000	$652,072	0.22 %
181.	XERIUM TECHNOLOGIES INC Cusip: 98416JAA8	715,000	$647,075	0.22 %
182.	LIMITED BRANDS INC Cusip: 532716AT4	605,000	$641,300	0.22 %
183.	LLOYDS BANKING GROUP PLC Cusip: 539439AA7	1,173,000	$633,420	0.21 %
184.	TENET HEALTHCARE CORPORATION Cusip: 88033GBJ8	550,000	$617,375	0.21 %
185.	FMG RESOURCES (AUGUST 2006) PTY LT Cusip: 30251GAF4	622,000	$603,340	0.20 %
186.	KINETIC CONCEPTS INC Cusip: 17004RAA8	608,000	$595,840	0.20 %
187.	CAESARS ENTERTAINMENT OPERATING CO Cusip: 12768RAA5	745,000	$592,275	0.20 %
188.	VERSO PAPER HOLDINGS LLC Cusip: 92531XAL6	969,000	$591,090	0.20 %
189.	WP ROCKET MERGER SUB INC Cusip: 781749AA4	623,000	$588,735	0.20 %
190.	CONCHO RESOURCES INC Cusip: 20605PAA9	537,000	$586,672	0.20 %
191.	MACDERMID INC Cusip: 554273AC6	580,000	$578,550	0.19 %
192.	ALLISON TRANSMISSION INC Cusip: 019736AC1	585,000	$573,300	0.19 %
193.	REGENCY ENERGY PARTNERS LP Cusip: 75886AAE8	525,000	$556,500	0.19 %
194.	NORTEK INC Cusip: 656559BP5	647,000	$546,715	0.18 %
195.	WARNER CHILCOTT CO LLC Cusip: 93443TAB2	535,000	$546,368	0.18 %
196.	ALPHA NATURAL RESOURCES INC Cusip: 02076XAB8	563,000	$546,110	0.18 %
197.	NOVA CHEMICALS CORP Cusip: 66977WAK5	500,000	$545,000	0.18 %
198.	ALPHA NATURAL RESOURCES INC Cusip: 02076XAC6	563,000	$544,702	0.18 %
199.	BROCADE COMMUNICATIONS SYSTEMS Cusip: 111621AK4	510,000	$543,150	0.18 %
200.	MOMENTIVE PERFORMANCE MATERIALS Cusip: 60877UAT4	505,000	$535,300	0.18 %
201.	RANGE RESOURCES CORPORATION Cusip: 75281AAK5	480,000	$535,200	0.18 %
202.	HEALTHSOUTH CORPORATION Cusip: 421924BG5	530,000	$533,975	0.18 %
203.	REGENCY ENERGY PARTNERS Cusip: 75886AAD0	480,000	$528,000	0.18 %
204.	DOLPHIN SUBSIDIARY II INC Cusip: 256882AA9	472,000	$502,680	0.17 %
205.	ARDAGH PACKAGING FINANCE Cusip: 039686AA8	497,000	$501,970	0.17 %
206.	CRICKET COMMUNICATIONS INC Cusip: 226566AM9	573,000	$501,375	0.17 %
207.	RSC EQUIPMENT RENTAL INC Cusip: 78108AAE4	485,000	$491,062	0.16 %
208.	AVIS BUDGET CAR RENTAL LLC Cusip: 053773AQ0	477,000	$490,117	0.16 %
209.	COTT BEVERAGES USA INC. Cusip: 221643AF6	435,000	$469,800	0.16 %
210.	SM ENERGY COMPANY Cusip: 78454LAC4	453,000	$466,590	0.16 %
211.	INTERLINE BRANDS INC Cusip: 45874QAB6	448,000	$463,680	0.16 %
212.	ENDO PHARMACEUTICALS HOLDINGS INC Cusip: 29264FAJ5	424,000	$451,030	0.15 %
213.	99 CENT ONLY STORES Cusip: 67053MAA4	446,000	$450,460	0.15 %
214.	MGM MIRAGE Cusip: 552953BC4	470,000	$450,025	0.15 %
215.	RITE AID CORPORATION Cusip: 767754CB8	400,000	$442,000	0.15 %
216.	QVC INC Cusip: 747262AA1	406,000	$438,480	0.15 %
217.	LEVEL 3 FINANCING INC Cusip: 527298AR4	416,000	$434,200	0.15 %
218.	FMG RESOURCES (AUGUST 2006) PTY LT Cusip: 30251GAC1	451,000	$431,832	0.14 %
219.	AMERICAN RENAL HOLDINGS Cusip: 029229AB7	409,000	$429,450	0.14 %
220.	CLEAR CHANNEL COMMUNICATIONS INC Cusip: 184502BG6	502,000	$422,935	0.14 %
221.	SPECTRUM BRANDS INC Cusip: 84762LAH8	384,000	$420,000	0.14 %
222.	LIFEPOINT HOSPITALS INC Cusip: 53219LAK5	401,000	$415,536	0.14 %
223.	EQUINIX INC Cusip: 29444UAK2	385,000	$408,100	0.14 %
224.	CHAPARRAL ENERGY INC Cusip: 15941RAN0	367,000	$396,360	0.13 %
225.	LEVEL 3 FINANCING INC Cusip: 527298AL7	389,000	$395,807	0.13 %
226.	CENTRAL GARDEN & PET COMPANY Cusip: 153527AG1	400,000	$393,000	0.13 %
227.	ROCK OHIO CAESARS LLC TL 7.00 Cusip: BAX39VUB0	392,000	$391,020	0.13 %
228.	CARRIZO OIL & GAS INC Cusip: 144577AD5	385,000	$388,850	0.13 %
229.	DANA HOLDING CORP Cusip: 235825AB2	377,000	$385,482	0.13 %
230.	TOMKINS LLC / TOMKINS INC Cusip: 890027AA3	332,000	$368,105	0.12 %
231.	AES CORPORATION (THE) Cusip: 00130HBH7	331,000	$364,100	0.12 %
232.	LEAR CORPORATION Cusip: 521865AS4	330,000	$359,700	0.12 %
233.	PETROHAWK ENERGY CORP Cusip: 716495AN6	318,000	$349,800	0.12 %
234.	CDW LLC / CDW FINANCE CORP Cusip: 12513GAW9	325,000	$338,812	0.11 %
235.	STERIGENICS INTERNATIONAL INC Cusip: 78477JAA6	325,000	$333,937	0.11 %
236.	PHARMACEUTICAL PRODUCT DEV INC Cusip: 47009WAA9	318,000	$333,900	0.11 %
237.	COLUMBUS MCKINNON CORPORATION Cusip: 199333AJ4	319,000	$331,361	0.11 %
238.	CHRYSLER GROUP LLC Cusip: 17121EAA5	362,000	$330,325	0.11 %
239.	CINCINNATI BELL INC Cusip: 171871AL0	322,000	$323,610	0.11 %
240.	INTEGRA TELECOM HOLDINGS INC Cusip: 45823WAA7	401,000	$322,805	0.11 %
241.	BURLINGTON COAT FACTORY WAREHOUSE Cusip: 121579AG1	330,000	$322,575	0.11 %
242.	SALLY HOLDINGS LLC Cusip: 79546VAG1	310,000	$322,400	0.11 %
243.	CHRYSLER GROUP LLC Cusip: 17121EAC1	348,000	$315,810	0.11 %
244.	BERRY PETROLEUM COMPANY Cusip: 085789AE5	305,000	$308,431	0.10 %
245.	OSHKOSH CORP Cusip: 688225AB7	293,000	$304,720	0.10 %
246.	SEMINOLE TRIBE OF FLORIDA Cusip: 81683RAC8	310,000	$301,955	0.10 %
247.	RADNET MANAGEMENT INC Cusip: 750492AD2	340,000	$299,200	0.10 %
248.	NUVEEN INVESTMENTS INC Cusip: 67090FAD8	300,000	$297,750	0.10 %
249.	DOLPHIN SUBSIDIARY II INC Cusip: 256882AC5	275,000	$297,000	0.10 %
250.	OMNICARE INC Cusip: 681904AM0	274,000	$294,207	0.10 %
251.	PENN NATIONAL GAMING INC Cusip: 707569AN9	270,000	$293,625	0.10 %
252.	EDISON MISSION ENERGY Cusip: 281023AU5	438,000	$284,700	0.10 %
253.	INTERFACE INC Cusip: 458665AR7	265,000	$280,237	0.09 %
254.	AMGH MERGER SUB INC Cusip: 009127AA9	272,000	$280,160	0.09 %
255.	BERRY PETROLEUM COMPANY Cusip: 085789AD7	240,000	$271,500	0.09 %
256.	QVC INC Cusip: 747262AC7	255,000	$269,981	0.09 %
257.	ARD FINANCE SA PIK Cusip: 00191AAA4	298,819	$259,972	0.09 %
258.	VAIL RESORTS INC Cusip: 91879QAK5	228,000	$232,560	0.08 %
259.	FRESENIUS MEDICAL CARE US FINANCE Cusip: 35802XAA1	222,000	$232,545	0.08 %
260.	AMERICAN RENAL HOLDINGS CO PIK Cusip: 029227AA3	220,841	$224,705	0.08 %
261.	DARLING INTERNATIONAL INC Cusip: 237266AD3	195,000	$216,450	0.07 %
262.	METROPCS WIRELESS INC Cusip: 591709AL4	224,000	$208,880	0.07 %
263.	RR DONNELLEY & SONS CO Cusip: 257867AX9	192,000	$186,240	0.06 %
264.	EL PASO CORPORATION Cusip: 28336LBM0	171,000	$186,092	0.06 %
265.	MGM MIRAGE Cusip: 552953AR2	195,000	$185,250	0.06 %
266.	BILL BARRETT CORP Cusip: 06846NAC8	159,000	$166,155	0.06 %
267.	CONCHO RESOURCES INC Cusip: 20605PAC5	156,000	$163,020	0.05 %
268.	PINNACLE ENTERTAINMENT INC Cusip: 723456AG4	145,000	$143,550	0.05 %
269.	BERRY PETROLEUM COMPANY Cusip: 085789AC9	135,000	$140,400	0.05 %
270.	SPEEDWAY MOTORSPORTS INC Cusip: 847788AQ9	121,000	$122,210	0.04 %
271.	CONTINENTAL RESOURCES INC Cusip: 212015AB7	111,000	$122,100	0.04 %
272.	COMSTOCK RESOURCES INC Cusip: 205768AG9	116,000	$111,940	0.04 %
273.	HEALTHSOUTH CORP Cusip: 421924BJ9	110,000	$108,212	0.04 %
274.	AMERIGROUP CORP Cusip: 03073TAC6	103,000	$106,090	0.04 %
275.	NORTEK INC Cusip: 656559BM2	103,000	$97,592	0.03 %
276.	VANGUARD HEALTH HOLDING CO II LLC Cusip: 92203PAH9	90,000	$86,400	0.03 %
277.	ANTERO RESOURCES FINANCE CORP Cusip: 03674PAD5	80,000	$82,000	0.03 %
278.	CF INDUSTRIES HOLDINGS INC Cusip: 12527GAB9	55,000	$64,900	0.02 %
279.	GREEN FIELD ENERGY SERVICES. Cusip: 39304K114	1,358	$62,468	0.02 %
280.	ANTERO RESOURCES FINANCE CORP Cusip: 03674PAC7	53,000	$57,240	0.02 %
281.	WHITING PETROLEUM CORP Cusip: 966387AF9	54,000	$56,430	0.02 %
282.	LEUCADIA NATIONAL CORP Cusip: 527288104	2,168	$49,300	0.02 %
283.	RANGE RESOURCES CORPORATION Cusip: 75281AAJ8	13,000	$13,845	0.00 %
284.	EL PASO CORPORATION Cusip: 28368EAE6	11,000	$12,705	0.00 %
285.	SIMMONS HOLDCO TL 5.25 Cusip: BRS4QJTG6	1,922,816.73	$4,807	0.00 %
286.	CONTINENTAL RESOURCES INC Cusip: 212015AD3	4,000	$4,360	0.00 %
287.	CMP SUSQUEHANNA WT 3/26/2019 Cusip: 12601G110	29,954	$299	0.00 %
288.	FAIRLANE MANAGEMENT CORP Cusip: 305059107	50,004	$0	0.00 %
289.	SIX FLAGS INC 144A ESCROW CUSIP Cusip: 83099V9A9	950,000	$0	0.00 %
	Other Assets less Liabilities Cusip:		$4,690,804	1.57 %
Net Assets			$298,030,645	100.00 %

Security		Shares/ Principal	Market Value	% of Net Assets
1.	ALLY FINANCIAL INC Cusip: 02005NAE0	4,668,000	$4,603,815	1.57 %
2.	QWEST CORPORATION Cusip: 74913GAX3	4,165,000	$4,352,425	1.48 %
3.	FORD MOTOR CREDIT COMPANY LLC Cusip: 345397VR1	3,741,000	$3,815,344	1.30 %
4.	HCA INC Cusip: 404119BK4	3,627,000	$3,726,742	1.27 %
5.	CIT GROUP INC Cusip: 125581GA0	3,190,000	$3,142,150	1.07 %
6.	EL PASO CORP Cusip: 28336LBV0	2,825,000	$3,051,000	1.04 %
7.	CUMULUS MEDIA INC TL 2ND LN 6.00 Cusip: BAX39UEE4	2,977,000	$2,783,495	0.95 %
8.	KRATOS DEFENSE & SECURITY SOLUTION Cusip: 50077BAC2	2,691,000	$2,711,182	0.92 %
9.	SPRINT CAPITAL CORPORATION Cusip: 852060AD4	3,862,000	$2,693,745	0.92 %
10.	OCTAVIUS TOWER & PROJECT TLB 8.0 Cusip: BAX39NVV3	2,827,000	$2,667,981	0.91 %
11.	CRICKET COMMUNICATIONS INC. Cusip: 226566AK3	2,531,000	$2,524,672	0.86 %
12.	SPRINT NEXTEL CORPORATION Cusip: 852061AK6	2,495,000	$2,519,950	0.86 %
13.	CHESAPEAKE ENERGY CORPORATION Cusip: 165167CF2	2,400,000	$2,496,000	0.85 %
14.	VANTAGE DRILLING CO Cusip: 676253AC1	2,323,000	$2,491,417	0.85 %
15.	ING GROEP NV Cusip: 456837AC7	3,705,000	$2,482,350	0.85 %
16.	SINCLAIR TELEVISION GROUP INC Cusip: 829259AA8	2,239,000	$2,384,535	0.81 %
17.	LYONDELLBASELL INDUSTRIES Cusip: 552081AC5	2,285,000	$2,330,700	0.79 %
18.	COLUMBIA SHORT TERM CASH FUND Cusip: 19766H239	2,267,362.48	$2,267,362	0.77 %
19.	QWEST CORPORATION Cusip: 912920AB1	2,260,000	$2,260,000	0.77 %
20.	MGM RESORTS INTERNATIONAL Cusip: 55303QAD2	1,993,000	$2,162,405	0.74 %
21.	BUILDING MATERIALS CORP OF AMERICA Cusip: 120111BL2	2,155,000	$2,144,225	0.73 %
22.	LAREDO PETROLEUM INC Cusip: 516807AA2	2,060,000	$2,134,675	0.73 %
23.	CASE NEW HOLLAND INC Cusip: 147446AR9	1,947,000	$2,131,965	0.73 %
24.	CCO HOLDINGS LLC/CAP CORP Cusip: 1248EPAS2	2,110,000	$2,123,187	0.72 %
25.	WIND ACQUISITION FINANCE SA Cusip: 97314XAE4	2,437,000	$2,101,912	0.72 %
26.	NALCO COMPANY Cusip: 629855AQ0	1,880,000	$2,100,900	0.72 %
27.	INEOS FINANCE PLC Cusip: 44984WAA5	2,105,000	$2,089,212	0.71 %
28.	SPECTRUM BRANDS INC Cusip: 84762LAG0	1,915,000	$2,082,562	0.71 %
29.	ADS TACTICAL INC Cusip: 00101DAA7	2,133,000	$2,037,015	0.69 %
30.	REYNOLDS GROUP Cusip: 74959GAA8	2,083,000	$2,036,132	0.69 %
31.	CENTURYLINK INC Cusip: 156700AR7	2,063,000	$1,989,154	0.68 %
32.	CONSOL ENERGY INC. Cusip: 20854PAF6	1,785,000	$1,918,875	0.65 %
33.	CA CABAZON BAND MISSION INDIANS Cusip: 126791AA0	3,250,000	$1,885,000	0.64 %
34.	WIRECO WORLDGROUP INC Cusip: 97654NAA2	1,840,000	$1,876,800	0.64 %
35.	FMG RESOURCES (AUGUST 2006) PTY LT Cusip: 30251GAA5	1,937,000	$1,869,205	0.64 %
36.	CEQUEL COMMUNICATIONS HLDG LLC Cusip: 15672WAA2	1,834,000	$1,866,095	0.64 %
37.	KODIAK OIL & GAS CORP Cusip: 50015QAA8	1,824,000	$1,851,360	0.63 %
38.	VANGUARD HEALTH SYSTEMS INC Cusip: 92203PAE6	1,940,000	$1,843,000	0.63 %
39.	AES CORPORATION Cusip: 00130HBR5	1,764,000	$1,838,970	0.63 %
40.	WIND ACQUISITION FINANCE SA Cusip: 97314XAF1	2,159,000	$1,835,150	0.62 %
41.	UNIVISION COMMUNICATIONS INC Cusip: 914906AH5	1,923,000	$1,822,042	0.62 %
42.	FRONTIER COMMUNICATIONS CORP Cusip: 35906AAH1	1,898,000	$1,803,100	0.61 %
43.	AMC NETWORKS INC Cusip: 00164VAA1	1,679,000	$1,775,542	0.60 %
44.	CARRIZO OIL & GAS INC Cusip: 144577AC7	1,777,000	$1,763,672	0.60 %
45.	DISH DBS CORP Cusip: 25470XAE5	1,803,000	$1,757,925	0.60 %
46.	INTERNATIONAL LEASE FINANCE CORP Cusip: 459745GE9	1,670,000	$1,690,875	0.58 %
47.	ROC FINANCE LLC Cusip: 74965WAA5	1,538,000	$1,614,900	0.55 %
48.	SEMINOLE TRIBE OF FLORIDA Cusip: 81683RAJ3	1,660,000	$1,613,403	0.55 %
49.	INTERACTIVE DATA CORP Cusip: 45840JAB3	1,505,000	$1,610,350	0.55 %
50.	CASCADES INC Cusip: 146900AG0	1,630,000	$1,585,175	0.54 %
51.	HCA INC Cusip: 404121AC9	1,581,000	$1,573,095	0.54 %
52.	STARWOOD HOTELS & RESORTS Cusip: 85590AAL8	1,395,000	$1,565,887	0.53 %
53.	NIELSEN FINANCE LLC Cusip: 65409QAY8	1,471,000	$1,555,582	0.53 %
54.	COTT BEVERAGES USA INC. Cusip: 221643AD1	1,439,000	$1,536,132	0.52 %
55.	HCA INC Cusip: 404121AD7	1,544,000	$1,520,840	0.52 %
56.	UNITED RENTALS NA INC Cusip: 911365AU8	1,400,000	$1,505,000	0.51 %
57.	VISTEON CORPORATION Cusip: 92839UAE7	1,563,000	$1,504,387	0.51 %
58.	HEXION FINANCE ESCROW LLC Cusip: 428303AJ0	1,642,000	$1,481,905	0.50 %
59.	E TRADE FINANCIAL CORP PIK Cusip: 269246AT1	1,297,000	$1,465,610	0.50 %
60.	PETROHAWK ENERGY CORP Cusip: 716495AL0	1,307,000	$1,463,840	0.50 %
61.	INTELSAT JACKSON HOLDINGS LTD Cusip: 45820EAX0	1,405,000	$1,461,200	0.50 %
62.	ARCH COAL INC Cusip: 039380AD2	1,491,000	$1,461,180	0.50 %
63.	CDW ESCROW CORP Cusip: 12513NAA2	1,535,000	$1,454,412	0.50 %
64.	CSC HOLDINGS INC Cusip: 126307AD9	1,447,000	$1,454,235	0.50 %
65.	HEALTH MANAGEMENT ASSOCIATES INC Cusip: 421933AK8	1,444,000	$1,453,025	0.49 %
66.	OSHKOSH CORP Cusip: 688225AD3	1,443,000	$1,450,215	0.49 %
67.	CF INDUSTRIES HOLDINGS INC Cusip: 12527GAA1	1,260,000	$1,444,275	0.49 %
68.	NXP BV/NXP FUNDING LLC Cusip: 62947QAK4	1,311,000	$1,438,822	0.49 %
69.	REGENCY ENERGY PARTNERS LP Cusip: 75886AAF5	1,389,000	$1,430,670	0.49 %
70.	CHESAPEAKE ENERGY CORPORATION Cusip: 165167CG0	1,424,000	$1,427,560	0.49 %
71.	LEAR CORPORATION Cusip: 521865AR6	1,325,000	$1,417,750	0.48 %
72.	SALEM COMMUNICATIONS CORPORATION Cusip: 794093AF1	1,340,000	$1,400,300	0.48 %
73.	QUEBECOR MEDIA INC Cusip: 74819RAK2	1,340,000	$1,360,100	0.46 %
74.	CCO HOLDINGS LLC/CAP CORP Cusip: 1248EPAP8	1,289,000	$1,353,450	0.46 %
75.	CONVATEC HEALTHCARE Cusip: 21244WAA9	1,494,000	$1,348,335	0.46 %
76.	HUNTINGTON INGALLS INDUSTRIES INC Cusip: 446413AC0	1,370,000	$1,342,600	0.46 %
77.	UNITED RENTALS NORTH AMERICA INC Cusip: 911365AW4	1,320,000	$1,300,200	0.44 %
78.	SLM CORP Cusip: 78442FEJ3	1,321,000	$1,291,277	0.44 %
79.	SPRINGLEAF FINANCE CORP Cusip: 85171RAA2	1,896,000	$1,289,280	0.44 %
80.	INVENTIV HEALTH INC Cusip: 46122EAA3	1,341,000	$1,270,597	0.43 %
81.	CLEAR CHANNEL COMMUNICATIONS B Cusip: 18451QAD0	1,198,000	$1,260,895	0.43 %
82.	FIRST DATA CORPORATION Cusip: 319963AW4	1,260,000	$1,260,000	0.43 %
83.	AMKOR TECHNOLOGY INC Cusip: 031652BE9	1,363,000	$1,257,367	0.43 %
84.	REYNOLDS GROUP Cusip: 74959HAB4	1,353,000	$1,237,995	0.42 %
85.	CALCIPAR SA Cusip: 128690AA2	1,370,000	$1,234,712	0.42 %
86.	CNH CAPITAL LLC Cusip: 12623EAA9	1,201,000	$1,197,997	0.41 %
87.	OASIS PETROLEUM INC Cusip: 674215AD0	1,222,000	$1,188,395	0.40 %
88.	NOVELIS INC Cusip: 67000XAM8	1,120,000	$1,181,600	0.40 %
89.	QEP RESOURCES INC Cusip: 74733VAA8	1,105,000	$1,171,300	0.40 %
90.	MARKWEST ENERGY PARTNERS LP Cusip: 570506AP0	1,150,000	$1,161,500	0.40 %
91.	FMG RESOURCES (AUGUST 2006) PTY LT Cusip: 30251GAH0	1,180,000	$1,147,550	0.39 %
92.	CIT GROUP INC Cusip: 125577BC9	1,135,000	$1,140,675	0.39 %
93.	MYLAN INC Cusip: 628530AP2	1,134,000	$1,131,165	0.39 %
94.	ATLANTIC POWER CORP Cusip: 04878QAP8	1,150,000	$1,129,919	0.38 %
95.	PEABODY ENERGY CORPORATION Cusip: 704549AJ3	1,124,000	$1,122,595	0.38 %
96.	JMC STEEL GROUP Cusip: 47759YAA7	1,193,000	$1,121,420	0.38 %
97.	OASIS PETROLEUM INC Cusip: 674215AA6	1,094,000	$1,110,410	0.38 %
98.	IPALCO ENTERPRISES INC Cusip: 462613AE0	1,025,000	$1,096,750	0.37 %
99.	INTELSAT JACKSON HLDGS SA Cusip: 45824TAF2	1,150,000	$1,092,500	0.37 %
100.	CAPITAL ONE CAPITAL Cusip: 140422AA4	1,115,000	$1,091,306	0.37 %
101.	GREEN FIELD ENERGY SERVICES INC Cusip: 39304KAC0	1,070,000	$1,080,700	0.37 %
102.	SOUTHERN STAR CENT CORP Cusip: 843830AD2	1,070,000	$1,080,700	0.37 %
103.	IGATE CORPORATION Cusip: 45169UAA3	1,077,000	$1,074,307	0.37 %
104.	NEFF RENTAL LLC/NEFF FINANCE CORP Cusip: 640096AD5	1,210,000	$1,070,850	0.36 %
105.	GRIFOLS INC Cusip: 374500AA4	1,036,000	$1,067,080	0.36 %
106.	CALPINE CONSTRUCTION FINANCE CO LP Cusip: 13134YAD9	1,000,000	$1,062,500	0.36 %
107.	SHEA HOMES FUNDING CORP Cusip: 82088KAA6	1,145,000	$1,047,675	0.36 %
108.	CARDTRONICS INC Cusip: 14161HAE8	970,000	$1,047,600	0.36 %
109.	AMSTED INDUSTRIES INC Cusip: 032177AD9	1,000,000	$1,045,000	0.36 %
110.	CONCHO RESOURCES INC Cusip: 20605PAB7	1,003,000	$1,043,120	0.36 %
111.	QUEBECOR MEDIA INC Cusip: 74819RAG1	1,025,000	$1,040,375	0.35 %
112.	PAETEC HOLDING CORP Cusip: 695459AF4	955,000	$1,033,787	0.35 %
113.	RANGE RESOURCES CORPORATION Cusip: 75281AAL3	945,000	$1,025,325	0.35 %
114.	VERSO PAPER HOLDINGS LLC Cusip: 92531XAL6	1,565,000	$1,017,250	0.35 %
115.	NORCRAFT COS/FINANCE Cusip: 65556TAD9	1,056,000	$1,011,120	0.34 %
116.	HERTZ CORP Cusip: 428040CD9	980,000	$982,450	0.33 %
117.	REYNOLDS GROUP Cusip: 74959HAA6	976,000	$980,880	0.33 %
118.	CHAPARRAL ENERGY INC Cusip: 15942RAB5	987,000	$972,195	0.33 %
119.	HUNTINGTON INGALLS INDUSTRIES INC Cusip: 446413AA4	981,000	$961,380	0.33 %
120.	CPM HOLDINGS INC Cusip: 12620XAC6	902,000	$959,502	0.33 %
121.	MEG ENERGY CORP Cusip: 552704AA6	945,000	$949,725	0.32 %
122.	GIBRALTAR INDUSTRIES INC Cusip: 374689AC1	960,000	$945,600	0.32 %
123.	POLYPORE INTERNATIONAL INC Cusip: 73179VAF0	920,000	$943,000	0.32 %
124.	CONSOL ENERGY INC. Cusip: 20854PAD1	880,000	$937,200	0.32 %
125.	RAIN CII CARBON LLC Cusip: 75079RAA6	960,000	$936,000	0.32 %
126.	SEALY MATTRESS COMPANY Cusip: 812141AN9	949,000	$932,392	0.32 %
127.	INTELSAT BERMUDA LTD PIK Cusip: 458204AJ3	1,012,000	$928,510	0.32 %
128.	UNITED REFINING CO Cusip: 911358AK5	982,000	$925,535	0.32 %
129.	SPEEDWAY MOTORSPORTS INC Cusip: 847788AN6	850,000	$924,375	0.31 %
130.	FMG RESOURCES (AUGUST 2006) PTY LT Cusip: 30251GAC1	1,006,000	$923,005	0.31 %
131.	LEVEL 3 FINANCING INC Cusip: 527297AA3	974,000	$920,430	0.31 %
132.	ALLY FINANCIAL INC Cusip: 02005NAJ9	950,000	$917,937	0.31 %
133.	MULTIPLAN INC Cusip: 62546RAB7	909,000	$913,545	0.31 %
134.	EL PASO CORPORATION Cusip: 28336LBR9	834,000	$913,230	0.31 %
135.	SPRINT NEXTEL CORPORATION Cusip: 852061AH3	960,000	$912,000	0.31 %
136.	AMC ENTERTAINMENT HOLDINGS INC Cusip: 00165AAD0	1,000,000	$910,000	0.31 %
137.	EH HOLDING CORP Cusip: 268520AC7	925,000	$908,812	0.31 %
138.	EMDEON INC Cusip: 07370UAA8	880,000	$906,400	0.31 %
139.	BELO CORPORATION Cusip: 080555AJ4	840,000	$905,100	0.31 %
140.	CHS/COMMUNITY HEALTH SYSTEMS INC Cusip: 12543DAK6	910,000	$882,700	0.30 %
141.	TUNICA-BILOXI GAMING AUTHORITY Cusip: 899745AA1	876,000	$880,380	0.30 %
142.	NOVA CHEMICALS CORP Cusip: 66977WAM1	805,000	$877,450	0.30 %
143.	MANITOWOC COMPANY INC (THE) Cusip: 563571AG3	850,000	$871,250	0.30 %
144.	ETRADE FINANCIAL CORP Cusip*: 269246AP9	870,000	$865,650	0.29 %
145.	GOODRICH PETROLEUM CORPORATION Cusip: 382410AD0	878,000	$860,440	0.29 %
146.	PAETEC HOLDING CORP Cusip: 695459AD9	785,000	$847,800	0.29 %
147.	UNIVISION COMMUNICATIONS INC Cusip: 914906AK8	1,005,000	$844,200	0.29 %
148.	LEVEL 3 FINANCING INC Cusip: 527298AP8	807,000	$827,175	0.28 %
149.	MANITOWOC COMPANY INC Cusip: 563571AH1	795,000	$810,900	0.28 %
150.	INSIGHT COMMUNICATIONS CO INC Cusip: 45768VAD0	705,000	$800,175	0.27 %
151.	HERTZ CORP Cusip: 428040CG2	808,000	$799,920	0.27 %
152.	JM HUBER CORP Cusip: 44352UAA3	785,000	$794,812	0.27 %
153.	CONTINENTAL RESOURCES INC Cusip: 212015AF8	740,000	$791,800	0.27 %
154.	INTERNATIONAL LEASE FINANCE CORP Cusip: 459745GF6	785,000	$781,075	0.27 %
155.	SLM CORPORATION Cusip: 78442FEK0	820,000	$779,712	0.27 %
156.	DISH DBS CORP Cusip: 25470XAB1	734,000	$778,040	0.26 %
157.	LEVEL 3 COMMUNICATIONS INC Cusip: 52729NBT6	750,000	$776,250	0.26 %
158.	AMKOR TECHNOLOGY INC Cusip: 031652BC3	777,000	$773,115	0.26 %
159.	FIRST DATA CORPORATION Cusip: 319963BA1	932,000	$768,900	0.26 %
160.	GOODMAN NETWORKS INC Cusip: 38239HAA3	803,000	$768,872	0.26 %
161.	FIRST DATA CORPORATION PIK Cusip: 319963AT1	843,000	$767,130	0.26 %
162.	RANGE RESOURCES CORPORATION Cusip: 75281AAM1	712,000	$760,060	0.26 %
163.	SENECA GAMING CORP Cusip: 817082AF7	790,000	$758,400	0.26 %
164.	CHRYSLER GROUP LLC Cusip: 17121EAC1	893,000	$756,817	0.26 %
165.	PEABODY ENERGY CORPORATION Cusip: 704549AL8	749,000	$754,617	0.26 %
166.	WPX ENERGY INC Cusip: 98212BAB9	768,000	$754,560	0.26 %
167.	SOUTHWESTERN ENERGY COMPANY Cusip: 845467AE9	655,000	$753,250	0.26 %
168.	NATIONAL CINEMEDIA LLC Cusip: 63530QAC3	742,000	$735,507	0.25 %
169.	FREESCALE SEMICONDUCTOR INC Cusip: 35687MAT4	700,000	$729,750	0.25 %
170.	ENERGY FUTURE HOLDINGS CORP Cusip: 292680AH8	705,000	$722,625	0.25 %
171.	INTERNATIONAL LEASE FINANCE CORP Cusip: 459745GH2	810,000	$720,328	0.25 %
172.	HARRAHS OPERATING CO INC Cusip: 413627BL3	691,000	$718,640	0.24 %
173.	ARCH COAL INC Cusip: 039380AF7	740,000	$715,950	0.24 %
174.	HANGER ORTHOPEDIC GROUP INC Cusip: 41043FAJ8	708,000	$708,885	0.24 %
175.	METROPCS WIRELESS INC. Cusip: 591709AK6	740,000	$706,700	0.24 %
176.	EURAMAX INTERNATIONAL INC Cusip: 29843XAA5	865,000	$694,162	0.24 %
177.	MGM RESORTS INTERNATIONAL Cusip: 55303QAA8	636,000	$685,290	0.23 %
178.	COMMSCOPE INC Cusip: 203372AH0	709,000	$684,185	0.23 %
179.	GENON ENERGY INC Cusip: 37244DAC3	673,000	$679,730	0.23 %
180.	INTELSAT BERMUDA LTD Cusip: 458204AF1	712,000	$653,260	0.22 %
181.	UPCB FINANCE LTD Cusip: 90320TAA8	672,000	$645,908	0.22 %
182.	WINDSTREAM CORP Cusip: 97381WAP9	630,000	$642,600	0.22 %
183.	AVIS BUDGET CAR RENTAL Cusip: 053773AN7	657,000	$632,362	0.22 %
184.	LIMITED BRANDS INC Cusip: 532716AT4	605,000	$630,712	0.21 %
185.	LLOYDS BANKING GROUP PLC Cusip: 539439AA7	1,173,000	$621,690	0.21 %
186.	XERIUM TECHNOLOGIES INC Cusip: 98416JAA8	715,000	$614,900	0.21 %
187.	TENET HEALTHCARE CORPORATION Cusip: 88033GBJ8	550,000	$599,500	0.20 %
188.	CINCINNATI BELL INC Cusip: 171871AL0	610,000	$591,700	0.20 %
189.	WP ROCKET MERGER SUB INC Cusip: 781749AA4	623,000	$585,620	0.20 %
190.	FMG RESOURCES (AUGUST 2006) PTY LT Cusip: 30251GAF4	622,000	$584,680	0.20 %
191.	CONCHO RESOURCES INC Cusip: 20605PAA9	537,000	$581,302	0.20 %
192.	CLEAR CHANNEL COMMUNICATIONS INC Cusip: 184502BG6	692,000	$570,900	0.19 %
193.	ALLISON TRANSMISSION INC Cusip: 019736AC1	585,000	$555,750	0.19 %
194.	MACDERMID INC Cusip: 554273AC6	580,000	$555,350	0.19 %
195.	CAESARS ENTERTAINMENT OPERATING CO Cusip: 12768RAA5	745,000	$553,162	0.19 %
196.	SHINGLE SPRINGS TRIBAL GAMING AUTH Cusip: 82459AAA9	991,000	$550,005	0.19 %
197.	REGENCY ENERGY PARTNERS LP Cusip: 75886AAE8	525,000	$547,312	0.19 %
198.	BROCADE COMMUNICATIONS SYSTEMS Cusip: 111621AK4	510,000	$540,600	0.18 %
199.	NOVA CHEMICALS CORP Cusip: 66977WAK5	500,000	$540,000	0.18 %
200.	ALPHA NATURAL RESOURCES INC Cusip: 02076XAB8	563,000	$537,665	0.18 %
201.	ALPHA NATURAL RESOURCES INC Cusip: 02076XAC6	563,000	$534,850	0.18 %
202.	RANGE RESOURCES CORPORATION Cusip: 75281AAK5	480,000	$532,800	0.18 %
203.	NORTEK INC Cusip: 656559BP5	647,000	$532,157	0.18 %
204.	MOMENTIVE PERFORMANCE MATERIALS Cusip: 60877UAT4	505,000	$530,250	0.18 %
205.	REGENCY ENERGY PARTNERS Cusip: 75886AAD0	480,000	$525,600	0.18 %
206.	WARNER CHILCOTT CO LLC Cusip: 93443TAB2	535,000	$522,962	0.18 %
207.	HEALTHSOUTH CORPORATION Cusip: 421924BG5	530,000	$520,725	0.18 %
208.	RR DONNELLEY & SONS CO Cusip: 257867AW1	551,000	$517,940	0.18 %
209.	CUMULUS MEDIA INC Cusip: 231082AB4	602,000	$517,720	0.18 %
210.	ARDAGH PACKAGING FINANCE Cusip: 039686AA8	497,000	$504,455	0.17 %
211.	DOLPHIN SUBSIDIARY II INC Cusip: 256882AA9	472,000	$489,700	0.17 %
212.	AE ESCROW CORPORATION Cusip: 001020AA4	477,000	$477,000	0.16 %
213.	COTT BEVERAGES USA INC. Cusip: 221643AF6	435,000	$465,450	0.16 %
214.	INTERLINE BRANDS INC Cusip: 45874QAB6	448,000	$461,440	0.16 %
215.	RSC EQUIPMENT RENTAL INC Cusip: 78108AAE4	485,000	$460,750	0.16 %
216.	SM ENERGY COMPANY Cusip: 78454LAC4	453,000	$453,000	0.15 %
217.	CRICKET COMMUNICATIONS INC Cusip: 226566AM9	573,000	$449,805	0.15 %
218.	MGM MIRAGE Cusip: 552953BC4	470,000	$448,262	0.15 %
219.	ENDO PHARMACEUTICALS HOLDINGS INC. Cusip: 29264FAH9	424,000	$435,660	0.15 %
220.	QVC INC Cusip: 747262AA1	406,000	$432,390	0.15 %
221.	RITE AID CORPORATION Cusip: 767754CB8	400,000	$432,000	0.15 %
222.	AMERICAN RENAL HOLDINGS Cusip: 029229AB7	409,000	$421,270	0.14 %
223.	LEVEL 3 FINANCING INC Cusip: 527298AR4	416,000	$420,160	0.14 %
224.	SPECTRUM BRANDS INC Cusip: 84762LAH8	384,000	$417,600	0.14 %
225.	COMSTOCK RESOURCES INC Cusip: 205768AG9	426,000	$417,480	0.14 %
226.	DELPHI CORP Cusip: 24713EAA5	417,000	$417,000	0.14 %
227.	LIFEPOINT HOSPITALS INC Cusip: 53219LAK5	401,000	$409,020	0.14 %
228.	EQUINIX INC Cusip: 29444UAK2	385,000	$392,700	0.13 %
229.	CHAPARRAL ENERGY INC Cusip: 15941RAN0	367,000	$392,690	0.13 %
230.	ROCK OHIO CAESARS LLC TL 7.00 Cusip: BAX39VUB0	392,000	$392,000	0.13 %
231.	CENTRAL GARDEN & PET COMPANY Cusip: 153527AG1	400,000	$388,000	0.13 %
232.	LEVEL 3 FINANCING INC Cusip: 527298AL7	389,000	$387,055	0.13 %
233.	CARRIZO OIL & GAS INC Cusip: 144577AD5	385,000	$379,225	0.13 %
234.	EL PASO CORPORATION Cusip: 28336LBM0	340,000	$373,983	0.13 %
235.	DANA HOLDING CORP Cusip: 235825AB2	377,000	$373,230	0.13 %
236.	TOMKINS LLC / TOMKINS INC Cusip: 890027AA3	332,000	$358,560	0.12 %
237.	AES CORPORATION (THE) Cusip: 00130HBH7	331,000	$355,825	0.12 %
238.	LEAR CORPORATION Cusip: 521865AS4	330,000	$355,575	0.12 %
239.	INTEGRA TELECOM HOLDINGS INC Cusip: 45823WAA7	401,000	$354,885	0.12 %
240.	PETROHAWK ENERGY CORP Cusip: 716495AN6	318,000	$348,210	0.12 %
241.	CDW LLC Cusip: 12513GAU3	325,000	$331,500	0.11 %
242.	STERIGENICS INTERNATIONAL INC Cusip: 78477JAA6	325,000	$329,062	0.11 %
243.	COLUMBUS MCKINNON CORPORATION Cusip: 199333AJ4	319,000	$322,190	0.11 %
244.	INTELSAT JACKSON HLDGS SA Cusip: 45824TAD7	330,000	$321,750	0.11 %
245.	PHARMACEUTICAL PRODUCT DEV INC Cusip: 47009WAA9	318,000	$319,590	0.11 %
246.	BURLINGTON COAT FACTORY WAREHOUSE Cusip: 121579AF3	330,000	$317,625	0.11 %
247.	SALLY HOLDINGS LLC Cusip: 79546VAG1	310,000	$312,325	0.11 %
248.	RITE AID CORPORATION Cusip: 767754BT0	355,000	$310,625	0.11 %
249.	CHRYSLER GROUP LLC Cusip: 17121EAA5	362,000	$308,605	0.11 %
250.	BERRY PETROLEUM COMPANY Cusip: 085789AE5	305,000	$304,237	0.10 %
251.	RADNET MANAGEMENT INC Cusip: 750492AD2	340,000	$300,900	0.10 %
252.	SEMINOLE TRIBE OF FLORIDA Cusip: 81683RAC8	310,000	$300,151	0.10 %
253.	OSHKOSH CORP Cusip: 688225AB7	293,000	$295,197	0.10 %
254.	PENN NATIONAL GAMING INC Cusip: 707569AN9	270,000	$290,250	0.10 %
255.	DOLPHIN SUBSIDIARY II INC Cusip: 256882AC5	275,000	$289,437	0.10 %
256.	OMNICARE INC Cusip: 681904AM0	274,000	$287,700	0.10 %
257.	NUVEEN INVESTMENTS INC Cusip: 67090FAD8	300,000	$286,500	0.10 %
258.	DELPHI CORP Cusip: 24713EAD9	278,000	$278,000	0.09 %
259.	INTERFACE INC Cusip: 458665AR7	265,000	$275,600	0.09 %
260.	EDISON MISSION ENERGY Cusip: 281023AU5	438,000	$274,845	0.09 %
261.	KINETIC CONCEPTS INC Cusip: 17004RAA8	283,000	$271,680	0.09 %
262.	BERRY PETROLEUM COMPANY Cusip: 085789AD7	240,000	$271,200	0.09 %
263.	AMGH MERGER SUB INC Cusip: 009127AA9	272,000	$269,280	0.09 %
264.	QVC INC Cusip: 747262AC7	255,000	$265,200	0.09 %
265.	ARD FINANCE SA PIK Cusip: 00191AAA4	282,000	$248,160	0.08 %
266.	DANA HOLDING CORP Cusip: 235825AA4	245,000	$242,550	0.08 %
267.	FRESENIUS MEDICAL CARE US FINANCE Cusip: 35802XAA1	222,000	$230,325	0.08 %
268.	VAIL RESORTS INC Cusip: 91879QAJ8	228,000	$228,000	0.08 %
269.	AMERICAN RENAL HOLDINGS CO PIK Cusip: 029227AA3	220,841	$220,288	0.07 %
270.	DARLING INTERNATIONAL INC Cusip: 237266AD3	195,000	$214,500	0.07 %
271.	METROPCS WIRELESS INC Cusip: 591709AL4	224,000	$195,440	0.07 %
272.	RR DONNELLEY & SONS CO Cusip: 257867AX9	192,000	$179,520	0.06 %
273.	BILL BARRETT CORP Cusip: 06846NAC8	159,000	$164,167	0.06 %
274.	CONCHO RESOURCES INC Cusip: 20605PAC5	156,000	$159,120	0.05 %
275.	AMERICAN AXLE & MANUFACTURING INC Cusip: 02406PAK6	164,000	$157,030	0.05 %
276.	PINNACLE ENTERTAINMENT INC Cusip: 723456AG4	145,000	$140,650	0.05 %
277.	BERRY PETROLEUM COMPANY Cusip: 085789AC9	135,000	$139,050	0.05 %
278.	CONTINENTAL RESOURCES INC Cusip: 212015AB7	111,000	$122,655	0.04 %
279.	SPEEDWAY MOTORSPORTS INC Cusip: 847788AQ9	121,000	$120,395	0.04 %
280.	HEALTHSOUTH CORP Cusip: 421924BJ9	110,000	$106,700	0.04 %
281.	AMERIGROUP CORP Cusip: 03073TAC6	103,000	$105,575	0.04 %
282.	NORTEK INC Cusip: 656559BM2	103,000	$95,790	0.03 %
283.	VANGUARD HEALTH HOLDING CO II LLC Cusip: 92203PAH9	90,000	$83,925	0.03 %
284.	CF INDUSTRIES HOLDINGS INC Cusip: 12527GAB9	55,000	$64,762	0.02 %
285.	WHITING PETROLEUM CORP Cusip: 966387AF9	54,000	$55,890	0.02 %
286.	ANTERO RESOURCES FINANCE CORP Cusip: 03674PAD5	51,000	$51,000	0.02 %
287.	LEUCADIA NATIONAL CORP Cusip: 527288104	2,168	$50,774	0.02 %
288.	RANGE RESOURCES CORPORATION Cusip: 75281AAJ8	13,000	$13,877	0.00 %
289.	SIMMONS HOLDCO TL 5.25 Cusip: BRS4QJTG6	1,922,816.73	$4,807	0.00 %
290.	CONTINENTAL RESOURCES INC Cusip: 212015AD3	4,000	$4,330	0.00 %
291.	CMP SUSQUEHANNA WT 3/26/2019 Cusip: 12601G110	29,954	$299	0.00 %
292.	FAIRLANE MANAGEMENT CORP Cusip: 305059107	50,004	$0	0.00 %
293.	SIX FLAGS INC 144A ESCROW CUSIP Cusip: 83099V9A9	950,000	$0	0.00 %
	Other Assets less Liabilities Cusip:		$3,531,138	1.20 %
Net Assets			$293,759,816	100.00 %

Security		Shares/ Principal	Market Value	% of Net Assets
1.	COLUMBIA SHORT TERM CASH FUND Cusip: 19766H239	38,397,545.95	$38,397,545	12.05 %
2.	ALLY FINANCIAL INC Cusip: 02005NAE0	4,398,000	$4,529,940	1.42 %
3.	QWEST CORPORATION Cusip: 74913GAX3	4,165,000	$4,425,312	1.39 %
4.	FORD MOTOR CREDIT COMPANY LLC Cusip: 345397VR1	3,741,000	$3,986,020	1.25 %
5.	HCA INC Cusip: 404119BK4	3,627,000	$3,885,423	1.22 %
6.	CIT GROUP INC Cusip: 125581GA0	3,190,000	$3,182,025	1.00 %
7.	EL PASO CORP Cusip: 28336LBV0	2,825,000	$3,086,312	0.97 %
8.	ING GROEP NV Cusip: 456837AC7	3,705,000	$2,936,212	0.92 %
9.	CUMULUS MEDIA INC TL 2ND LN 6.00 Cusip: BAX39UEE4	2,977,000	$2,887,690	0.91 %
10.	WIND ACQUISITION FINANCE SA Cusip: 97314XAE4	2,914,000	$2,884,860	0.91 %
11.	SPRINT CAPITAL CORPORATION Cusip: 852060AD4	3,862,000	$2,819,260	0.88 %
12.	CLEAR CHANNEL COMMUNICATIONS B Cusip: 18451QAD0	2,578,000	$2,797,130	0.88 %
13.	KRATOS DEFENSE & SECURITY SOLUTION Cusip: 50077BAC2	2,691,000	$2,785,185	0.87 %
14.	OCTAVIUS TOWER & PROJECT TLB 8.0 Cusip: BAX39NVV3	2,827,000	$2,678,582	0.84 %
15.	CHESAPEAKE ENERGY CORPORATION Cusip: 165167CF2	2,400,000	$2,592,000	0.81 %
16.	COMMUNITY HEALTH SYSTEMS INC Cusip: 12543DAF7	2,410,000	$2,467,237	0.77 %
17.	SINCLAIR TELEVISION GROUP INC Cusip: 829259AA8	2,239,000	$2,434,912	0.76 %
18.	QWEST CORPORATION Cusip: 912920AB1	2,260,000	$2,251,525	0.71 %
19.	BUILDING MATERIALS CORP OF AMERICA Cusip: 120111BL2	2,155,000	$2,235,812	0.70 %
20.	CASE NEW HOLLAND INC. Cusip: 147446AR9	1,947,000	$2,195,242	0.69 %
21.	CCO HOLDINGS LLC/CAP CORP Cusip: 1248EPAS2	2,110,000	$2,189,125	0.69 %
22.	MGM RESORTS INTERNATIONAL Cusip: 55303QAD2	1,993,000	$2,187,317	0.69 %
23.	LAREDO PETROLEUM INC Cusip: 516807AA2	2,060,000	$2,183,600	0.69 %
24.	FRONTIER COMMUNICATIONS CORP Cusip: 35906AAH1	2,025,000	$2,156,625	0.68 %
25.	INEOS FINANCE PLC Cusip: 44984WAA5	2,105,000	$2,152,362	0.68 %
26.	SPECTRUM BRANDS INC Cusip: 84762LAG0	1,915,000	$2,125,650	0.67 %
27.	REYNOLDS GROUP Cusip: 74959GAA8	2,083,000	$2,124,660	0.67 %
28.	NALCO COMPANY Cusip: 629855AQ0	1,880,000	$2,096,200	0.66 %
29.	ADS TACTICAL INC Cusip: 00101DAA7	2,030,000	$2,070,600	0.65 %
30.	CENTURYLINK INC Cusip: 156700AR7	2,063,000	$2,066,472	0.65 %
31.	VANTAGE DRILLING CO Cusip: 676253AC1	1,863,000	$2,030,670	0.64 %
32.	VANGUARD HEALTH SYSTEMS INC Cusip: 92203PAE6	1,940,000	$1,983,650	0.62 %
33.	CONSOL ENERGY INC. Cusip: 20854PAF6	1,785,000	$1,954,575	0.61 %
34.	INTERNATIONAL LEASE FINANCE CORP Cusip: 459745GE9	1,850,000	$1,951,750	0.61 %
35.	FMG RESOURCES (AUGUST 2006) PTY LT Cusip: 30251GAA5	1,937,000	$1,944,263	0.61 %
36.	UNIVISION COMMUNICATIONS INC Cusip: 914906AH5	1,923,000	$1,942,230	0.61 %
37.	DANA HOLDING CORP Cusip: 235825AB2	1,904,000	$1,927,800	0.60 %
38.	CEQUEL COMMUNICATIONS HLDG LLC Cusip: 15672WAA2	1,834,000	$1,916,530	0.60 %
39.	AES CORPORATION Cusip: 00130HBR5	1,764,000	$1,887,480	0.59 %
40.	CA CABAZON BAND MISSION INDIANS Cusip: 126791AA0	3,250,000	$1,885,000	0.59 %
41.	WIRECO WORLDGROUP INC Cusip: 97654NAA2	1,840,000	$1,858,400	0.58 %
42.	AMC NETWORKS INC Cusip: 00164VAA1	1,679,000	$1,821,715	0.57 %
43.	CARRIZO OIL & GAS INC Cusip: 144577AC7	1,777,000	$1,803,655	0.57 %
44.	CINCINNATI BELL INC Cusip: 171871AL0	1,690,000	$1,702,675	0.53 %
45.	HCA INC Cusip: 404121AC9	1,581,000	$1,656,097	0.52 %
46.	ROC FINANCE LLC Cusip: 74965WAA5	1,538,000	$1,622,590	0.51 %
47.	NIELSEN FINANCE LLC Cusip: 65409QAY8	1,471,000	$1,621,777	0.51 %
48.	HEXION FINANCE ESCROW LLC Cusip: 428303AJ0	1,642,000	$1,621,475	0.51 %
49.	INTERACTIVE DATA CORP Cusip: 45840JAB3	1,505,000	$1,617,875	0.51 %
50.	SEMINOLE TRIBE OF FLORIDA Cusip: 81683RAJ3	1,660,000	$1,603,460	0.50 %
51.	CASCADES INC Cusip: 146900AG0	1,630,000	$1,597,400	0.50 %
52.	UNITED RENTALS NA INC Cusip: 911365AU8	1,400,000	$1,582,000	0.50 %
53.	HCA INC Cusip: 404121AD7	1,544,000	$1,574,880	0.49 %
54.	LYONDELL CHEMICAL CO Cusip: 552078BA4	1,397,000	$1,571,625	0.49 %
55.	STARWOOD HOTELS & RESORTS Cusip: 85590AAL8	1,395,000	$1,548,450	0.49 %
56.	COTT BEVERAGES USA INC. Cusip: 221643AD1	1,439,000	$1,546,925	0.49 %
57.	ARCH COAL INC Cusip: 039380AD2	1,491,000	$1,532,002	0.48 %
58.	VISTEON CORPORATION Cusip: 92839UAE7	1,563,000	$1,523,925	0.48 %
59.	ARDAGH PACKAGING FINANCE Cusip: 039686AB6	1,520,000	$1,512,400	0.47 %
60.	PETROHAWK ENERGY CORP Cusip: 716495AL0	1,307,000	$1,496,515	0.47 %
61.	CHESAPEAKE ENERGY CORPORATION Cusip: 165167CG0	1,424,000	$1,491,640	0.47 %
62.	CDW ESCROW CORP Cusip: 12513NAA2	1,535,000	$1,488,950	0.47 %
63.	OSHKOSH CORP Cusip: 688225AD3	1,443,000	$1,486,290	0.47 %
64.	DISH DBS CORP Cusip: 25470XAE5	1,414,000	$1,459,955	0.46 %
65.	NXP BV/NXP FUNDING LLC Cusip: 62947QAK4	1,311,000	$1,448,655	0.45 %
66.	REGENCY ENERGY PARTNERS LP Cusip: 75886AAF5	1,389,000	$1,444,560	0.45 %
67.	SALEM COMMUNICATIONS CORPORATION Cusip: 794093AF1	1,412,000	$1,440,240	0.45 %
68.	CONVATEC HEALTHCARE Cusip: 21244WAA9	1,494,000	$1,437,975	0.45 %
69.	CF INDUSTRIES HOLDINGS INC Cusip: 12527GAA1	1,260,000	$1,436,400	0.45 %
70.	SPRINGLEAF FINANCE CORP Cusip: 85171RAA2	1,896,000	$1,431,480	0.45 %
71.	LEAR CORPORATION Cusip: 521865AR6	1,325,000	$1,431,000	0.45 %
72.	QVC INC Cusip: 747262AE3	1,297,000	$1,413,730	0.44 %
73.	CCO HOLDINGS LLC/CAP CORP Cusip: 1248EPAP8	1,289,000	$1,392,120	0.44 %
74.	HUNTINGTON INGALLS INDUSTRIES INC Cusip: 446413AC0	1,370,000	$1,387,125	0.44 %
75.	QUEBECOR MEDIA INC Cusip: 74819RAK2	1,340,000	$1,383,550	0.43 %
76.	SLM CORP Cusip: 78442FEJ3	1,321,000	$1,373,840	0.43 %
77.	UNITED RENTALS NORTH AMERICA INC Cusip: 911365AW4	1,320,000	$1,369,500	0.43 %
78.	REYNOLDS GROUP Cusip: 74959HAB4	1,353,000	$1,353,000	0.42 %
79.	FIRST DATA CORPORATION Cusip: 319963AW4	1,260,000	$1,335,600	0.42 %
80.	E TRADE FINANCIAL CORP PIK Cusip: 269246AT1	1,150,000	$1,325,375	0.42 %
81.	AMKOR TECHNOLOGY INC Cusip: 031652BD1	1,363,000	$1,308,480	0.41 %
82.	INVENTIV HEALTH INC Cusip: 46122EAA3	1,341,000	$1,300,770	0.41 %
83.	DISH DBS CORP Cusip: 25470XAB1	1,123,000	$1,232,492	0.39 %
84.	OASIS PETROLEUM INC Cusip: 674215AD0	1,222,000	$1,228,110	0.39 %
85.	NOVELIS INC Cusip: 67000XAM8	1,120,000	$1,220,800	0.38 %
86.	FMG RESOURCES (AUGUST 2006) PTY LT Cusip: 30251GAH0	1,180,000	$1,209,500	0.38 %
87.	QEP RESOURCES INC Cusip: 74733VAA8	1,105,000	$1,193,400	0.37 %
88.	MYLAN INC Cusip: 628530AP2	1,134,000	$1,190,700	0.37 %
89.	JMC STEEL GROUP Cusip: 47759YAA7	1,193,000	$1,181,070	0.37 %
90.	MARKWEST ENERGY PARTNERS LP Cusip: 570506AP0	1,150,000	$1,175,875	0.37 %
91.	CIT GROUP INC Cusip: 125577BC9	1,135,000	$1,157,700	0.36 %
92.	INTELSAT JACKSON HLDGS SA Cusip: 45824TAF2	1,150,000	$1,155,750	0.36 %
93.	OASIS PETROLEUM INC Cusip: 674215AA6	1,094,000	$1,148,700	0.36 %
94.	VERSO PAPER HOLDINGS LLC Cusip: 92531XAL6	1,565,000	$1,126,800	0.35 %
95.	ATLANTIC POWER CORP Cusip: 04878QAP8	1,150,000	$1,124,608	0.35 %
96.	IPALCO ENTERPRISES INC Cusip: 462613AE0	1,025,000	$1,122,375	0.35 %
97.	NEFF RENTAL LLC/NEFF FINANCE CORP Cusip: 640096AD5	1,210,000	$1,089,000	0.34 %
98.	WIND ACQUISITION FINANCE SA Cusip: 97314XAF1	1,122,000	$1,088,340	0.34 %
99.	SOUTHERN STAR CENT CORP Cusip: 843830AD2	1,070,000	$1,086,050	0.34 %
100.	CONCHO RESOURCES INC Cusip: 20605PAB7	1,003,000	$1,083,240	0.34 %
101.	GRIFOLS INC Cusip: 374500AA4	1,036,000	$1,082,620	0.34 %
102.	CALCIPAR SA Cusip: 128690AA2	1,164,000	$1,082,520	0.34 %
103.	CAPITAL ONE CAPITAL Cusip: 140422AA4	1,115,000	$1,081,550	0.34 %
104.	IGATE CORPORATION Cusip: 45169UAA3	1,077,000	$1,077,000	0.34 %
105.	QUEBECOR MEDIA INC Cusip: 74819RAG1	1,025,000	$1,058,312	0.33 %
106.	AMSTED INDUSTRIES INC Cusip: 032177AD9	1,000,000	$1,055,000	0.33 %
107.	PAETEC HOLDING CORP Cusip: 695459AF4	955,000	$1,050,500	0.33 %
108.	RANGE RESOURCES CORPORATION Cusip: 75281AAL3	945,000	$1,048,950	0.33 %
109.	CRICKET COMMUNICATIONS INC. Cusip: 226566AK3	1,000,000	$1,037,500	0.33 %
110.	ARCH COAL INC Cusip: 039380AF7	994,000	$1,036,245	0.33 %
111.	SHEA HOMES FUNDING CORP Cusip: 82088KAA6	1,145,000	$1,036,225	0.33 %
112.	CARDTRONICS INC Cusip: 14161HAE8	970,000	$1,025,775	0.32 %
113.	HERTZ CORP Cusip: 428040CD9	980,000	$1,021,650	0.32 %
114.	REYNOLDS GROUP Cusip: 74959HAA6	976,000	$1,019,920	0.32 %
115.	INTELSAT BERMUDA LTD PIK Cusip: 458204AJ3	1,012,000	$1,012,000	0.32 %
116.	CHAPARRAL ENERGY INC Cusip: 15942RAB5	987,000	$1,004,272	0.32 %
117.	LEVEL 3 FINANCING INC Cusip: 527298AL7	975,000	$996,937	0.31 %
118.	HUNTINGTON INGALLS INDUSTRIES INC Cusip: 446413AA4	981,000	$988,357	0.31 %
119.	MEG ENERGY CORP Cusip: 552704AA6	945,000	$985,162	0.31 %
120.	AMC ENTERTAINMENT HOLDINGS INC Cusip: 00165AAD0	1,000,000	$970,000	0.30 %
121.	FMG RESOURCES (AUGUST 2006) PTY LT Cusip: 30251GAC1	1,006,000	$965,760	0.30 %
122.	CONSOL ENERGY INC. Cusip: 20854PAD1	880,000	$963,600	0.30 %
123.	CPM HOLDINGS INC Cusip: 12620XAC6	902,000	$960,630	0.30 %
124.	ALLY FINANCIAL INC Cusip: 02005NAJ9	950,000	$959,500	0.30 %
125.	RAIN CII CARBON LLC Cusip: 75079RAA6	960,000	$955,200	0.30 %
126.	CLEAR CHANNEL COMMUNICATIONS INC Cusip: 184502BG6	1,067,000	$949,630	0.30 %
127.	UNITED REFINING CO Cusip: 911358AK5	982,000	$947,630	0.30 %
128.	SEALY MATTRESS COMPANY Cusip: 812141AN9	949,000	$946,627	0.30 %
129.	POLYPORE INTERNATIONAL INC Cusip: 73179VAF0	920,000	$938,400	0.29 %
130.	MULTIPLAN INC Cusip: 62546RAB7	909,000	$936,270	0.29 %
131.	SHINGLE SPRINGS TRIBAL GAMING AUTH Cusip: 82459AAA9	1,757,000	$931,210	0.29 %
132.	EL PASO CORPORATION Cusip: 28336LBR9	834,000	$927,825	0.29 %
133.	EMDEON INC Cusip: 07370UAA8	880,000	$915,200	0.29 %
134.	SPEEDWAY MOTORSPORTS INC Cusip: 847788AN6	850,000	$907,375	0.28 %
135.	BELO CORPORATION Cusip: 080555AJ4	840,000	$907,200	0.28 %
136.	NOVA CHEMICALS CORP Cusip: 66977WAM1	805,000	$905,625	0.28 %
137.	UNIVISION COMMUNICATIONS INC Cusip: 914906AK8	1,005,000	$904,500	0.28 %
138.	MANITOWOC COMPANY INC (THE) Cusip: 563571AG3	850,000	$896,750	0.28 %
139.	GOODRICH PETROLEUM CORPORATION Cusip: 382410AD0	878,000	$895,560	0.28 %
140.	ETRADE FINANCIAL CORP Cusip*: 269246AP9	870,000	$884,137	0.28 %
141.	AVIS BUDGET CAR RENTAL Cusip: 053773AN7	884,000	$881,790	0.28 %
142.	FIRST DATA CORPORATION Cusip: 319963BA1	932,000	$880,740	0.28 %
143.	TUNICA-BILOXI GAMING AUTHORITY Cusip: 899745AA1	876,000	$880,380	0.28 %
144.	INTELSAT JACKSON HOLDINGS LTD Cusip: 45820EAX0	830,000	$875,650	0.27 %
145.	BRIGHAM EXPLORATION CO Cusip: 109178AE3	735,000	$867,300	0.27 %
146.	TOYS R US Cusip: 892335AL4	933,000	$858,360	0.27 %
147.	OMNICARE INC Cusip: 681904AM0	797,000	$856,775	0.27 %
148.	LEVEL 3 FINANCING INC Cusip: 527298AP8	807,000	$855,420	0.27 %
149.	PAETEC HOLDING CORP Cusip: 695459AD9	785,000	$847,800	0.27 %
150.	HERTZ CORP Cusip: 428040CG2	808,000	$830,220	0.26 %
151.	MANITOWOC COMPANY INC Cusip: 563571AH1	795,000	$826,800	0.26 %
152.	SLM CORPORATION Cusip: 78442FEK0	820,000	$820,000	0.26 %
153.	FIRST DATA CORPORATION PIK Cusip: 319963AT1	843,000	$817,710	0.26 %
154.	LEVEL 3 FINANCING INC Cusip: 527297AA3	824,000	$815,760	0.26 %
155.	LEVEL 3 COMMUNICATIONS INC Cusip: 52729NBT6	750,000	$815,625	0.26 %
156.	CHRYSLER GROUP LLC Cusip: 17121EAC1	893,000	$812,630	0.25 %
157.	INTERNATIONAL LEASE FINANCE CORP Cusip: 459745GF6	785,000	$812,475	0.25 %
158.	INSIGHT COMMUNICATIONS CO INC Cusip: 45768VAD0	705,000	$800,175	0.25 %
159.	CONTINENTAL RESOURCES INC Cusip: 212015AF8	740,000	$799,200	0.25 %
160.	JM HUBER CORP Cusip: 44352UAA3	785,000	$792,850	0.25 %
161.	NATIONAL CINEMEDIA LLC Cusip: 63530QAC3	785,000	$792,850	0.25 %
162.	SENECA GAMING CORP Cusip: 817082AF7	790,000	$786,050	0.25 %
163.	AMKOR TECHNOLOGY INC Cusip: 031652BC3	777,000	$784,770	0.25 %
164.	GOODMAN NETWORKS INC Cusip: 38239HAA3	803,000	$762,850	0.24 %
165.	INTERNATIONAL LEASE FINANCE CORP Cusip: 459745GH2	810,000	$762,468	0.24 %
166.	RANGE RESOURCES CORPORATION Cusip: 75281AAM1	712,000	$761,840	0.24 %
167.	EDISON MISSION ENERGY Cusip: 281023AU5	1,088,000	$761,600	0.24 %
168.	SOUTHWESTERN ENERGY COMPANY Cusip: 845467AE9	655,000	$759,800	0.24 %
169.	FREESCALE SEMICONDUCTOR INC Cusip: 35687MAT4	700,000	$757,750	0.24 %
170.	METROPCS WIRELESS INC. Cusip: 591709AK6	740,000	$751,100	0.24 %
171.	LLOYDS BANKING GROUP PLC Cusip: 539439AA7	1,173,000	$744,855	0.23 %
172.	HARRAHS OPERATING CO INC Cusip: 413627BL3	691,000	$739,370	0.23 %
173.	EURAMAX INTERNATIONAL INC Cusip: 29843XAA5	865,000	$737,412	0.23 %
174.	ENERGY FUTURE HOLDINGS CORP Cusip: 292680AH8	705,000	$736,725	0.23 %
175.	HANGER ORTHOPEDIC GROUP INC Cusip: 41043FAJ8	708,000	$725,700	0.23 %
176.	CUMULUS MEDIA INC Cusip: 231082AB4	780,000	$721,500	0.23 %
177.	INTELSAT BERMUDA LTD Cusip: 458204AF1	712,000	$712,000	0.22 %
178.	GENON ENERGY INC Cusip: 37244DAC3	673,000	$710,015	0.22 %
179.	MGM RESORTS INTERNATIONAL Cusip: 55303QAA8	636,000	$691,650	0.22 %
180.	WINDSTREAM CORP Cusip: 97381WAP9	630,000	$674,100	0.21 %
181.	CAESARS ENTERTAINMENT OPERATING CO Cusip: 12768RAA5	745,000	$655,600	0.21 %
182.	LIMITED BRANDS INC Cusip: 532716AT4	605,000	$635,250	0.20 %
183.	TENET HEALTHCARE CORPORATION Cusip: 88033GBJ8	550,000	$621,500	0.20 %
184.	GIBRALTAR INDUSTRIES INC Cusip: 374689AC1	620,000	$620,000	0.19 %
185.	XERIUM TECHNOLOGIES INC Cusip: 98416JAA8	715,000	$607,750	0.19 %
186.	WP ROCKET MERGER SUB INC Cusip: 781749AA4	623,000	$607,425	0.19 %
187.	WARNER CHILCOTT CO LLC Cusip: 93443TAB2	580,000	$604,650	0.19 %
188.	FMG RESOURCES (AUGUST 2006) PTY LT Cusip: 30251GAF4	622,000	$603,340	0.19 %
189.	CONCHO RESOURCES INC Cusip: 20605PAA9	537,000	$585,330	0.18 %
190.	COMSTOCK RESOURCES INC Cusip: 205768AG9	576,000	$584,640	0.18 %
191.	NORTEK INC Cusip: 656559BP5	647,000	$574,212	0.18 %
192.	ALLISON TRANSMISSION INC Cusip: 019736AC1	585,000	$564,525	0.18 %
193.	MACDERMID INC Cusip: 554273AC6	580,000	$562,600	0.18 %
194.	ALPHA NATURAL RESOURCES INC Cusip: 02076XAB8	563,000	$561,592	0.18 %
195.	ALPHA NATURAL RESOURCES INC Cusip: 02076XAC6	563,000	$555,962	0.17 %
196.	REGENCY ENERGY PARTNERS LP Cusip: 75886AAE8	525,000	$555,187	0.17 %
197.	NORCRAFT COS/FINANCE Cusip: 65556TAD9	605,000	$555,087	0.17 %
198.	NOVA CHEMICALS CORP Cusip: 66977WAK5	500,000	$550,625	0.17 %
199.	RR DONNELLEY & SONS CO Cusip: 257867AW1	551,000	$540,668	0.17 %
200.	MOMENTIVE PERFORMANCE MATERIALS Cusip: 60877UAT4	505,000	$535,300	0.17 %
201.	RANGE RESOURCES CORPORATION Cusip: 75281AAK5	480,000	$535,200	0.17 %
202.	REGENCY ENERGY PARTNERS Cusip: 75886AAD0	480,000	$532,800	0.17 %
203.	HEALTHSOUTH CORPORATION Cusip: 421924BG5	530,000	$524,700	0.16 %
204.	ARDAGH PACKAGING FINANCE Cusip: 039686AA8	497,000	$511,910	0.16 %
205.	DOLPHIN SUBSIDIARY II INC Cusip: 256882AA9	472,000	$509,760	0.16 %
206.	VANTAGE DRILLING CO Cusip: 676253AD9	460,000	$501,529	0.16 %
207.	AE ESCROW CORPORATION Cusip: 001020AA4	477,000	$496,080	0.16 %
208.	RSC EQUIPMENT RENTAL INC Cusip: 78108AAE4	485,000	$492,275	0.15 %
209.	CRICKET COMMUNICATIONS INC Cusip: 226566AN7	573,000	$484,185	0.15 %
210.	COTT BEVERAGES USA INC. Cusip: 221643AF6	435,000	$464,362	0.15 %
211.	INTERLINE BRANDS INC Cusip: 45874QAB6	448,000	$456,960	0.14 %
212.	ENDO PHARMACEUTICALS HOLDINGS INC. Cusip: 29264FAH9	424,000	$456,860	0.14 %
213.	RR DONNELLEY & SONS CO Cusip: 257867AX9	458,000	$446,550	0.14 %
214.	MGM MIRAGE Cusip: 552953BC4	470,000	$446,500	0.14 %
215.	QVC INC Cusip: 747262AA1	406,000	$441,525	0.14 %
216.	PETROHAWK ENERGY CORP Cusip: 716495AN6	390,000	$440,700	0.14 %
217.	RITE AID CORPORATION Cusip: 767754CB8	400,000	$439,500	0.14 %
218.	LEVEL 3 FINANCING INC Cusip: 527298AR4	416,000	$434,720	0.14 %
219.	AMERICAN RENAL HOLDINGS Cusip: 029229AB7	409,000	$427,405	0.13 %
220.	DELPHI CORP Cusip: 24713EAA5	417,000	$419,085	0.13 %
221.	LIFEPOINT HOSPITALS INC Cusip: 53219LAK5	401,000	$418,042	0.13 %
222.	EQUINIX INC Cusip: 29444UAK2	385,000	$408,100	0.13 %
223.	CENTRAL GARDEN & PET COMPANY Cusip: 153527AG1	400,000	$401,000	0.13 %
224.	CHAPARRAL ENERGY INC Cusip: 15941RAN0	367,000	$398,195	0.12 %
225.	ROCK OHIO CAESARS LLC TL 7.00 Cusip: BAX39VUB0	392,000	$387,100	0.12 %
226.	EL PASO CORPORATION Cusip: 28336LBM0	340,000	$374,850	0.12 %
227.	AES CORPORATION (THE) Cusip: 00130HBH7	331,000	$363,272	0.11 %
228.	LEAR CORPORATION Cusip: 521865AS4	330,000	$361,350	0.11 %
229.	PINAFORE LLC/ PINAFORE INC Cusip: 693492AC4	332,000	$360,220	0.11 %
230.	DEAN FOODS CO Cusip: 242370AC8	333,000	$357,142	0.11 %
231.	INTEGRA TELECOM HOLDINGS INC Cusip: 45823WAA7	401,000	$352,880	0.11 %
232.	CDW LLC Cusip: 12513GAU3	325,000	$334,750	0.11 %
233.	INTELSAT JACKSON HLDGS SA Cusip: 45824TAD7	330,000	$331,650	0.10 %
234.	STERIGENICS INTERNATIONAL INC Cusip: 78477JAA6	325,000	$331,500	0.10 %
235.	CHRYSLER GROUP LLC Cusip: 17121EAA5	362,000	$331,230	0.10 %
236.	EXCO RESOURCES INC Cusip: 269279AD7	331,000	$327,690	0.10 %
237.	COLUMBUS MCKINNON CORPORATION Cusip: 199333AJ4	319,000	$326,975	0.10 %
238.	BURLINGTON COAT FACTORY WAREHOUSE Cusip: 121579AF3	330,000	$326,700	0.10 %
239.	BILL BARRETT CORP Cusip: 06846NAC8	308,000	$325,710	0.10 %
240.	RITE AID CORPORATION Cusip: 767754BT0	355,000	$323,050	0.10 %
241.	BERRY PETROLEUM COMPANY Cusip: 085789AE5	305,000	$308,050	0.10 %
242.	OSHKOSH CORP Cusip: 688225AB7	293,000	$301,057	0.09 %
243.	NUVEEN INVESTMENTS INC Cusip: 67090FAD8	300,000	$300,000	0.09 %
244.	SEMINOLE TRIBE OF FLORIDA Cusip: 81683RAC8	310,000	$299,181	0.09 %
245.	DOLPHIN SUBSIDIARY II INC Cusip: 256882AC5	275,000	$294,937	0.09 %
246.	PENN NATIONAL GAMING INC Cusip: 707569AN9	270,000	$291,600	0.09 %
247.	AMGH MERGER SUB INC Cusip: 009127AA9	272,000	$287,640	0.09 %
248.	DELPHI CORP Cusip: 24713EAD9	278,000	$280,780	0.09 %
249.	INTERFACE INC Cusip: 458665AR7	265,000	$277,587	0.09 %
250.	COMMSCOPE INC Cusip: 203372AH0	278,000	$273,830	0.09 %
251.	BERRY PETROLEUM COMPANY Cusip: 085789AD7	240,000	$271,800	0.09 %
252.	QVC INC Cusip: 747262AC7	255,000	$269,025	0.08 %
253.	CHESAPEAKE OILFIELD OPERATING LLC Cusip: 165258AA2	252,000	$259,245	0.08 %
254.	CHEMTURA CORP Cusip: 163893AC4	237,000	$249,442	0.08 %
255.	DANA HOLDING CORP Cusip: 235825AA4	245,000	$248,062	0.08 %
256.	ARD FINANCE SA PIK Cusip: 00191AAA4	282,000	$244,282	0.08 %
257.	FRESENIUS MEDICAL CARE US FINANCE Cusip: 35802XAA1	222,000	$233,100	0.07 %
258.	VAIL RESORTS INC Cusip: 91879QAJ8	228,000	$227,430	0.07 %
259.	AMERICAN RENAL HOLDINGS CO PIK Cusip: 029227AA3	220,841	$225,257	0.07 %
260.	DARLING INTERNATIONAL INC Cusip: 237266AD3	195,000	$218,887	0.07 %
261.	METROPCS WIRELESS INC Cusip: 591709AL4	224,000	$210,560	0.07 %
262.	CONCHO RESOURCES INC Cusip: 20605PAC5	156,000	$163,800	0.05 %
263.	RADNET MANAGEMENT INC Cusip: 750492AD2	180,000	$162,000	0.05 %
264.	PINNACLE ENTERTAINMENT INC Cusip: 723456AG4	145,000	$142,462	0.04 %
265.	BERRY PETROLEUM COMPANY Cusip: 085789AC9	135,000	$140,062	0.04 %
266.	BRIGHAM EXPLORATION CO Cusip: 109178AG8	122,000	$133,895	0.04 %
267.	SPEEDWAY MOTORSPORTS INC Cusip: 847788AQ9	121,000	$118,882	0.04 %
268.	AVIS BUDGET CAR RENTAL Cusip: 053773AL1	110,000	$114,950	0.04 %
269.	HEALTHSOUTH CORP Cusip: 421924BJ9	110,000	$110,000	0.03 %
270.	NORTEK INC Cusip: 656559BM2	103,000	$100,940	0.03 %
271.	VANGUARD HEALTH HOLDING CO II LLC Cusip: 92203PAH9	90,000	$89,100	0.03 %
272.	CF INDUSTRIES HOLDINGS INC Cusip: 12527GAB9	55,000	$63,800	0.02 %
273.	LEUCADIA NATIONAL CORP Cusip: 527288104	2,168	$58,167	0.02 %
274.	ANTERO RESOURCES FINANCE CORP Cusip: 03674PAD5	51,000	$52,530	0.02 %
275.	RANGE RESOURCES CORPORATION Cusip: 75281AAJ8	13,000	$14,007	0.00 %
276.	SIMMONS HOLDCO TL 5.25 Cusip: BRS4QJTG6	1,922,816.73	$4,807	0.00 %
277.	CONTINENTAL RESOURCES INC Cusip: 212015AD3	4,000	$4,340	0.00 %
278.	CMP SUSQUEHANNA WT 3/26/2019 Cusip: 12601G110	29,954	$299	0.00 %
279.	FAIRLANE MANAGEMENT CORP Cusip: 305059107	50,004	$0	0.00 %
280.	SIX FLAGS INC 144A ESCROW CUSIP Cusip: 83099V9A9	950,000	$0	0.00 %
	Other Assets less Liabilities Cusip:		$-7,947,188	-2.49 %
Net Assets			$318,680,445	100.00 %

Security		Shares/ Principal	Market Value	% of Net Assets
1.	COLUMBIA SHORT TERM CASH FUND Cusip: 19766H239	12,267,482.99	$12,267,482	4.30 %
2.	CIT GROUP INC Cusip: 125581GA0	6,375,000	$6,183,750	2.17 %
3.	QWEST CORPORATION Cusip: 74913GAX3	4,165,000	$4,071,287	1.43 %
4.	ALLY FINANCIAL INC Cusip: 02005NAE0	4,398,000	$4,070,876	1.43 %
5.	FORD MOTOR CREDIT COMPANY LLC Cusip: 345397VR1	3,741,000	$3,701,715	1.30 %
6.	HCA INC Cusip: 404119BK4	3,627,000	$3,663,270	1.28 %
7.	CLEAR CHANNEL COMMUNICATIONS B Cusip: 18451QAD0	2,753,000	$2,814,942	0.99 %
8.	EL PASO CORP Cusip: 28336LBV0	2,518,000	$2,713,145	0.95 %
9.	KRATOS DEFENSE & SECURITY SOLUTION Cusip: 50077BAC2	2,691,000	$2,677,545	0.94 %
10.	WIND ACQUISITION FINANCE SA Cusip: 97314XAE4	2,914,000	$2,476,900	0.87 %
11.	CHESAPEAKE ENERGY CORPORATION Cusip: 165167CF2	2,400,000	$2,472,000	0.87 %
12.	SINCLAIR TELEVISION GROUP INC Cusip: 829259AA8	2,239,000	$2,328,560	0.82 %
13.	REYNOLDS GROUP Cusip: 74959HAB4	2,643,000	$2,325,840	0.81 %
14.	ING GROEP NV Cusip: 456837AC7	3,135,000	$2,296,387	0.80 %
15.	QWEST CORPORATION Cusip: 912920AB1	2,260,000	$2,229,105	0.78 %
16.	SPRINT CAPITAL CORPORATION Cusip: 852060AD4	2,885,000	$2,156,537	0.76 %
17.	CASE NEW HOLLAND INC. Cusip: 147446AR9	1,947,000	$2,073,555	0.73 %
18.	NALCO COMPANY Cusip: 629855AQ0	1,880,000	$2,058,600	0.72 %
19.	BUILDING MATERIALS CORP OF AMERICA Cusip: 120111BL2	2,155,000	$2,047,250	0.72 %
20.	CCO HOLDINGS LLC/CAP CORP Cusip: 1248EPAS2	2,110,000	$2,046,700	0.72 %
21.	SPECTRUM BRANDS INC Cusip: 84762LAG0	1,915,000	$2,039,475	0.71 %
22.	SPRINT NEXTEL CORPORATION Cusip: 852061AF7	2,187,000	$2,033,910	0.71 %
23.	XM SATELLITE RADIO INC Cusip: 98375YAZ9	2,041,000	$2,020,590	0.71 %
24.	ADS TACTICAL INC Cusip: 00101DAA7	2,030,000	$1,984,325	0.70 %
25.	FRONTIER COMMUNICATIONS CORP Cusip: 35906AAH1	2,025,000	$1,964,250	0.69 %
26.	REYNOLDS GROUP Cusip: 74959GAA8	2,083,000	$1,937,190	0.68 %
27.	VANTAGE DRILLING CO Cusip: 676253AC1	1,863,000	$1,918,890	0.67 %
28.	CENTURYLINK INC Cusip: 156700AR7	2,063,000	$1,911,608	0.67 %
29.	CA CABAZON BAND MISSION INDIANS Cusip: 126791AA0	3,250,000	$1,885,000	0.66 %
30.	CONSOL ENERGY INC. Cusip: 20854PAF6	1,785,000	$1,878,712	0.66 %
31.	LAREDO PETROLEUM INC Cusip: 516807AA2	1,788,000	$1,877,400	0.66 %
32.	WIRECO WORLDGROUP INC Cusip: 97654NAA2	1,840,000	$1,858,400	0.65 %
33.	INTERNATIONAL LEASE FINANCE CORP Cusip: 459745GE9	1,850,000	$1,854,625	0.65 %
34.	DANA HOLDING CORP Cusip: 235825AB2	1,904,000	$1,832,600	0.64 %
35.	FMG RESOURCES (AUGUST 2006) PTY LT Cusip: 30251GAA5	1,937,000	$1,830,465	0.64 %
36.	CEQUEL COMMUNICATIONS HLDG LLC Cusip: 15672WAA2	1,834,000	$1,815,660	0.64 %
37.	VANGUARD HEALTH SYSTEMS INC Cusip: 92203PAE6	1,940,000	$1,779,950	0.62 %
38.	UNIVISION COMMUNICATIONS INC Cusip: 914906AH5	1,923,000	$1,769,160	0.62 %
39.	AMC NETWORKS INC Cusip: 00164VAA1	1,679,000	$1,720,975	0.60 %
40.	AES CORPORATION Cusip: 00130HBR5	1,764,000	$1,666,980	0.58 %
41.	SEMINOLE TRIBE OF FLORIDA Cusip: 81683RAJ3	1,660,000	$1,651,700	0.58 %
42.	CINCINNATI BELL INC Cusip: 171871AL0	1,690,000	$1,639,300	0.57 %
43.	SBA TELECOMMUNICATIONS INC Cusip: 78401FAD9	1,552,000	$1,629,600	0.57 %
44.	INTERACTIVE DATA CORP Cusip: 45840JAB3	1,505,000	$1,617,875	0.57 %
45.	CARRIZO OIL & GAS INC Cusip: 144577AC7	1,649,000	$1,616,020	0.57 %
46.	ROC FINANCE LLC Cusip: 74965WAA5	1,538,000	$1,553,380	0.54 %
47.	CASCADES INC Cusip: 146900AG0	1,630,000	$1,548,500	0.54 %
48.	HCA INC Cusip: 404121AC9	1,581,000	$1,545,427	0.54 %
49.	LBI ESCROW CORP Cusip: 50178TAA5	1,397,000	$1,505,267	0.53 %
50.	NIELSEN FINANCE LLC Cusip: 65409QAY8	1,471,000	$1,500,420	0.53 %
51.	MGM RESORTS INTERNATIONAL Cusip: 55303QAD2	1,453,000	$1,496,590	0.52 %
52.	STARWOOD HOTELS & RESORTS Cusip: 85590AAL8	1,395,000	$1,496,137	0.52 %
53.	PETROHAWK ENERGY CORP Cusip: 716495AL0	1,307,000	$1,493,247	0.52 %
54.	VISTEON CORPORATION Cusip: 92839UAE7	1,563,000	$1,457,497	0.51 %
55.	UNITED RENTALS NA INC Cusip: 911365AU8	1,400,000	$1,449,000	0.51 %
56.	CHESAPEAKE ENERGY CORPORATION Cusip: 165167CG0	1,424,000	$1,434,680	0.50 %
57.	HCA INC Cusip: 404121AD7	1,544,000	$1,424,340	0.50 %
58.	ARCH COAL INC Cusip: 039380AD2	1,491,000	$1,416,450	0.50 %
59.	SALEM COMMUNICATIONS CORPORATION Cusip: 794093AF1	1,412,000	$1,412,000	0.49 %
60.	ENERGY FUTURE HOLDINGS CORP Cusip: 292680AH8	1,450,000	$1,406,500	0.49 %
61.	QVC INC Cusip: 747262AE3	1,297,000	$1,404,002	0.49 %
62.	CF INDUSTRIES HOLDINGS INC Cusip: 12527GAA1	1,260,000	$1,401,750	0.49 %
63.	OSHKOSH CORP Cusip: 688225AD3	1,443,000	$1,399,710	0.49 %
64.	REGENCY ENERGY PARTNERS LP Cusip: 75886AAF5	1,389,000	$1,395,945	0.49 %
65.	LEAR CORPORATION Cusip: 521865AR6	1,325,000	$1,394,562	0.49 %
66.	COMMUNITY HEALTH SYSTEMS INC Cusip: 12543DAF7	1,395,000	$1,370,587	0.48 %
67.	ARDAGH PACKAGING FINANCE Cusip: 039686AB6	1,520,000	$1,368,000	0.48 %
68.	HEXION FINANCE ESCROW LLC Cusip: 428303AJ0	1,642,000	$1,354,650	0.47 %
69.	DISH DBS CORP Cusip: 25470XAD7	1,414,000	$1,350,370	0.47 %
70.	CCO HOLDINGS LLC/CAP CORP Cusip: 1248EPAP8	1,289,000	$1,347,005	0.47 %
71.	QUEBECOR MEDIA INC Cusip: 74819RAK2	1,340,000	$1,336,650	0.47 %
72.	SPRINGLEAF FINANCE CORP Cusip: 85171RAA2	1,896,000	$1,331,940	0.47 %
73.	CDW ESCROW CORP Cusip: 12513NAA2	1,535,000	$1,327,775	0.47 %
74.	CONVATEC HEALTHCARE Cusip: 21244WAA9	1,494,000	$1,314,720	0.46 %
75.	SLM CORP Cusip: 78442FEJ3	1,321,000	$1,304,087	0.46 %
76.	E TRADE FINANCIAL CORP PIK Cusip: 269246AT1	1,150,000	$1,296,625	0.45 %
77.	CLEAN HARBORS INC Cusip: 184496AF4	1,222,000	$1,273,935	0.45 %
78.	HUNTINGTON INGALLS INDUSTRIES INC Cusip: 446413AC0	1,370,000	$1,270,675	0.45 %
79.	AMKOR TECHNOLOGY INC Cusip: 031652BD1	1,363,000	$1,260,775	0.44 %
80.	UNITED RENTALS NORTH AMERICA INC Cusip: 911365AW4	1,320,000	$1,211,100	0.42 %
81.	FIRST DATA CORPORATION Cusip: 319963AW4	1,260,000	$1,184,400	0.42 %
82.	INVENTIV HEALTH INC Cusip: 46122EAA3	1,341,000	$1,183,432	0.41 %
83.	OIL STATES INTERNATIONAL INC Cusip: 678026AC9	1,202,000	$1,174,955	0.41 %
84.	CLEAR CHANNEL COMMUNICATIONS INC Cusip: 184502BG6	1,562,000	$1,159,785	0.41 %
85.	QEP RESOURCES INC Cusip: 74733VAA8	1,105,000	$1,154,725	0.40 %
86.	DISH DBS CORP Cusip: 25470XAB1	1,123,000	$1,145,460	0.40 %
87.	MYLAN INC Cusip: 628530AP2	1,134,000	$1,102,815	0.39 %
88.	CIT GROUP INC Cusip: 125577BC9	1,135,000	$1,098,112	0.38 %
89.	NOVELIS INC Cusip: 67000XAM8	1,120,000	$1,097,600	0.38 %
90.	VERSO PAPER HOLDINGS LLC Cusip: 92531XAL6	1,565,000	$1,079,850	0.38 %
91.	IPALCO ENTERPRISES INC Cusip: 462613AE0	1,025,000	$1,073,687	0.38 %
92.	INTELSAT JACKSON HLDGS SA Cusip: 45824TAF2	1,150,000	$1,069,500	0.37 %
93.	CAPITAL ONE CAPITAL Cusip: 140422AA4	1,115,000	$1,064,825	0.37 %
94.	NEFF RENTAL LLC/NEFF FINANCE CORP Cusip: 640096AD5	1,210,000	$1,064,800	0.37 %
95.	NXP BV/NXP FUNDING LLC Cusip: 62947QAK4	1,034,000	$1,059,850	0.37 %
96.	SOUTHERN STAR CENT CORP Cusip: 843830AD2	1,070,000	$1,059,300	0.37 %
97.	GRIFOLS INC Cusip: 374500AA4	1,036,000	$1,036,000	0.36 %
98.	AMSTED INDUSTRIES INC Cusip: 032177AD9	1,000,000	$1,032,500	0.36 %
99.	SHINGLE SPRINGS TRIBAL GAMING AUTH Cusip: 82459AAA9	1,757,000	$1,027,845	0.36 %
100.	QUEBECOR MEDIA INC Cusip: 74819RAG1	1,025,000	$1,025,000	0.36 %
101.	INTERNATIONAL LEASE FINANCE CORP Cusip: 459745GG4	1,019,000	$1,024,095	0.36 %
102.	OASIS PETROLEUM INC Cusip: 674215AA6	1,040,000	$1,016,600	0.36 %
103.	TRANSDIGM INC Cusip: 893647AP2	999,000	$1,016,482	0.36 %
104.	ALLY FINANCIAL INC Cusip: 02005NAD2	1,165,000	$1,014,843	0.36 %
105.	IGATE CORPORATION Cusip: 45169UAA3	1,077,000	$1,012,380	0.35 %
106.	CARDTRONICS INC Cusip: 14161HAE8	970,000	$1,008,800	0.35 %
107.	CALCIPAR SA Cusip: 128690AA2	1,164,000	$1,006,860	0.35 %
108.	RANGE RESOURCES CORPORATION Cusip: 75281AAL3	945,000	$1,006,425	0.35 %
109.	CRICKET COMMUNICATIONS INC. Cusip: 226566AK3	1,000,000	$1,003,750	0.35 %
110.	PAETEC HOLDING CORP Cusip: 695459AF4	955,000	$1,000,362	0.35 %
111.	CONCHO RESOURCES INC Cusip: 20605PAB7	1,003,000	$997,985	0.35 %
112.	EDISON MISSION ENERGY Cusip: 281023AU5	1,624,000	$966,280	0.34 %
113.	ARCH COAL INC Cusip: 039380AF7	994,000	$964,180	0.34 %
114.	CPM HOLDINGS INC Cusip: 12620XAC6	902,000	$956,120	0.34 %
115.	WIND ACQUISITION FINANCE SA Cusip: 97314XAF1	1,122,000	$953,700	0.33 %
116.	ETRADE FINANCIAL CORP Cusip*: 269246BH6	953,000	$950,617	0.33 %
117.	RAIN CII CARBON LLC Cusip: 75079RAA6	960,000	$950,400	0.33 %
118.	REYNOLDS GROUP Cusip: 74959HAA6	976,000	$941,840	0.33 %
119.	SHEA HOMES FUNDING CORP Cusip: 82088KAA6	1,145,000	$938,900	0.33 %
120.	HERTZ CORP Cusip: 428040CD9	980,000	$935,900	0.33 %
121.	POLYPORE INTERNATIONAL INC Cusip: 73179VAF0	920,000	$924,600	0.32 %
122.	UNITED REFINING CO Cusip: 911358AK5	982,000	$923,080	0.32 %
123.	CONSOL ENERGY INC. Cusip: 20854PAD1	880,000	$919,600	0.32 %
124.	HUNTINGTON INGALLS INDUSTRIES INC Cusip: 446413AA4	981,000	$912,330	0.32 %
125.	AMC ENTERTAINMENT HOLDINGS INC Cusip: 00165AAD0	1,000,000	$905,000	0.32 %
126.	MEG ENERGY CORP Cusip: 552704AA6	945,000	$904,837	0.32 %
127.	CHAPARRAL ENERGY INC Cusip: 15942RAB5	987,000	$900,637	0.32 %
128.	LEVEL 3 FINANCING INC Cusip: 527298AL7	975,000	$898,218	0.31 %
129.	MULTIPLAN INC Cusip: 62546RAB7	909,000	$897,637	0.31 %
130.	SPEEDWAY MOTORSPORTS INC Cusip: 847788AN6	850,000	$896,750	0.31 %
131.	BELO CORPORATION Cusip: 080555AJ4	840,000	$886,200	0.31 %
132.	FMG RESOURCES (AUGUST 2006) PTY LT Cusip: 30251GAC1	1,006,000	$885,280	0.31 %
133.	TUNICA-BILOXI GAMING AUTHORITY Cusip: 899745AA1	876,000	$880,380	0.31 %
134.	EL PASO CORPORATION Cusip: 28336LBR9	787,000	$879,472	0.31 %
135.	NOVA CHEMICALS CORP Cusip: 66977WAM1	805,000	$871,412	0.31 %
136.	INTELSAT BERMUDA LTD PIK Cusip: 458204AJ3	1,012,000	$870,320	0.30 %
137.	ALLY FINANCIAL INC Cusip: 02005NAJ9	950,000	$859,750	0.30 %
138.	CUMULUS MEDIA INC TL 2ND LN 6.00 Cusip: BAX39UEE4	911,000	$858,617	0.30 %
139.	ETRADE FINANCIAL CORP Cusip*: 269246AP9	870,000	$843,900	0.30 %
140.	MANITOWOC COMPANY INC (THE) Cusip: 563571AG3	850,000	$828,750	0.29 %
141.	PAETEC HOLDING CORP Cusip: 695459AD9	785,000	$824,250	0.29 %
142.	JMC STEEL GROUP Cusip: 47759YAA7	869,000	$816,860	0.29 %
143.	OMNICARE INC Cusip: 681904AM0	797,000	$812,940	0.28 %
144.	CALPINE CORP Cusip: 131347BW5	840,000	$810,600	0.28 %
145.	AVIS BUDGET CAR RENTAL Cusip: 053773AN7	884,000	$808,860	0.28 %
146.	SLM CORPORATION Cusip: 78442FEK0	820,000	$804,857	0.28 %
147.	INSIGHT COMMUNICATIONS CO INC Cusip: 45768VAD0	705,000	$803,700	0.28 %
148.	TOYS R US Cusip: 892335AL4	933,000	$793,050	0.28 %
149.	AVIS BUDGET GROUP TLB 5.00 Cusip: BAX39YTU4	794,000	$788,704	0.28 %
150.	BRIGHAM EXPLORATION CO Cusip: 109178AE3	735,000	$786,450	0.28 %
151.	OCTAVIUS TOWER & PROJECT TLB 8.0 Cusip: BAX39NVV3	827,000	$781,928	0.27 %
152.	UNIVISION COMMUNICATIONS INC Cusip: 914906AK8	1,005,000	$778,875	0.27 %
153.	NATIONAL CINEMEDIA LLC Cusip: 63530QAC3	785,000	$777,150	0.27 %
154.	LEVEL 3 FINANCING INC Cusip: 527298AP8	807,000	$774,720	0.27 %
155.	INTERNATIONAL LEASE FINANCE CORP Cusip: 459745GF6	785,000	$769,300	0.27 %
156.	SENECA GAMING CORP Cusip: 817082AF7	790,000	$760,375	0.27 %
157.	GOODMAN NETWORKS INC Cusip: 38239HAA3	803,000	$754,820	0.26 %
158.	AMKOR TECHNOLOGY INC Cusip: 031652BC3	777,000	$749,805	0.26 %
159.	CONTINENTAL RESOURCES INC Cusip: 212015AF8	736,000	$748,880	0.26 %
160.	SOUTHWESTERN ENERGY COMPANY Cusip: 845467AE9	655,000	$741,926	0.26 %
161.	RANGE RESOURCES CORPORATION Cusip: 75281AAM1	712,000	$738,700	0.26 %
162.	HERTZ CORP Cusip: 428040CG2	808,000	$738,310	0.26 %
163.	FIRST DATA CORPORATION Cusip: 319963BA1	992,000	$734,080	0.26 %
164.	LEVEL 3 FINANCING INC Cusip: 527297AA3	824,000	$728,210	0.26 %
165.	METROPCS WIRELESS INC. Cusip: 591709AK6	740,000	$721,500	0.25 %
166.	MANITOWOC COMPANY INC Cusip: 563571AH1	795,000	$719,475	0.25 %
167.	FREESCALE SEMICONDUCTOR INC Cusip: 35687MAT4	700,000	$719,250	0.25 %
168.	LEVEL 3 COMMUNICATIONS INC Cusip: 52729NBS8	750,000	$712,500	0.25 %
169.	FIRST DATA CORPORATION Cusip: 319963AP9	843,000	$706,012	0.25 %
170.	INTERNATIONAL LEASE FINANCE CORP Cusip: 459745GH2	810,000	$704,045	0.25 %
171.	HARRAHS OPERATING CO INC Cusip: 413627BL3	691,000	$697,046	0.24 %
172.	EURAMAX INTERNATIONAL INC Cusip: 29843XAA5	865,000	$694,162	0.24 %
173.	HANGER ORTHOPEDIC GROUP INC Cusip: 41043FAJ8	708,000	$690,300	0.24 %
174.	CHRYSLER GROUP LLC Cusip: 17121EAC1	893,000	$689,842	0.24 %
175.	EH HOLDING CORP Cusip: 268520AA1	708,000	$681,450	0.24 %
176.	GRAHAM PACK CO LP/GPC Cusip: 38470RAH4	670,000	$674,187	0.24 %
177.	XERIUM TECHNOLOGIES INC Cusip: 98416JAA8	715,000	$650,650	0.23 %
178.	GOODRICH PETROLEUM CORPORATION Cusip: 382410AD0	666,000	$642,690	0.23 %
179.	MGM RESORTS INTERNATIONAL Cusip: 55303QAA8	636,000	$636,000	0.22 %
180.	CUMULUS MEDIA INC Cusip: 231082AB4	780,000	$635,700	0.22 %
181.	WINDSTREAM CORP Cusip: 97381WAP9	630,000	$634,725	0.22 %
182.	GENON ENERGY INC Cusip: 37244DAC3	673,000	$632,620	0.22 %
183.	INTELSAT BERMUDA LTD Cusip: 458204AF1	712,000	$612,320	0.21 %
184.	LIMITED BRANDS INC Cusip: 532716AT4	605,000	$609,537	0.21 %
185.	GIBRALTAR INDUSTRIES INC Cusip: 374689AC1	620,000	$604,500	0.21 %
186.	WP ROCKET MERGER SUB INC Cusip: 781749AA4	623,000	$593,407	0.21 %
187.	TENET HEALTHCARE CORPORATION Cusip: 88033GBJ8	550,000	$581,625	0.20 %
188.	NORCRAFT COS/FINANCE Cusip: 65556TAD9	605,000	$577,775	0.20 %
189.	CONCHO RESOURCES INC Cusip: 20605PAA9	537,000	$569,220	0.20 %
190.	FMG RESOURCES (AUGUST 2006) PTY LT Cusip: 30251GAF4	622,000	$559,800	0.20 %
191.	TRINIDAD DRILLING LTD Cusip: 896356AD4	559,000	$555,932	0.19 %
192.	WARNER CHILCOTT CO LLC Cusip: 93443TAA4	580,000	$553,900	0.19 %
193.	COMSTOCK RESOURCES INC Cusip: 205768AG9	576,000	$552,960	0.19 %
194.	REGENCY ENERGY PARTNERS LP Cusip: 75886AAE8	525,000	$540,750	0.19 %
195.	ALLISON TRANSMISSION INC Cusip: 019736AC1	585,000	$538,200	0.19 %
196.	MACDERMID INC Cusip: 554273AC6	580,000	$536,500	0.19 %
197.	ALPHA NATURAL RESOURCES INC Cusip: 02076XAB8	563,000	$526,405	0.18 %
198.	RANGE RESOURCES CORPORATION Cusip: 75281AAK5	480,000	$525,600	0.18 %
199.	NOVA CHEMICALS CORP Cusip: 66977WAK5	500,000	$525,000	0.18 %
200.	ALPHA NATURAL RESOURCES INC Cusip: 02076XAC6	563,000	$524,997	0.18 %
201.	NORTEK INC Cusip: 656559BP5	647,000	$520,835	0.18 %
202.	REGENCY ENERGY PARTNERS Cusip: 75886AAD0	480,000	$519,600	0.18 %
203.	LLOYDS BANKING GROUP PLC Cusip: 539439AA7	1,173,000	$516,120	0.18 %
204.	HEALTHSOUTH CORPORATION Cusip: 421924BG5	530,000	$496,875	0.17 %
205.	CRICKET COMMUNICATIONS INC Cusip: 226566AN7	573,000	$492,780	0.17 %
206.	RR DONNELLEY & SONS CO Cusip: 257867AW1	551,000	$489,012	0.17 %
207.	VANTAGE DRILLING CO Cusip: 676253AD9	460,000	$480,639	0.17 %
208.	ARDAGH PACKAGING FINANCE Cusip: 039686AA8	497,000	$474,635	0.17 %
209.	DOLPHIN SUBSIDIARY II INC Cusip: 256882AA9	472,000	$466,100	0.16 %
210.	REGAL CINEMAS CORP Cusip: 758753AD9	456,000	$463,980	0.16 %
211.	INTELSAT JACKSON HOLDINGS LTD Cusip: 45820EAX0	450,000	$459,000	0.16 %
212.	AE ESCROW CORPORATION Cusip: 001020AA4	477,000	$457,920	0.16 %
213.	COTT BEVERAGES USA INC. Cusip: 221643AF6	435,000	$443,700	0.16 %
214.	HARRAHS OPERATING CO INC Cusip: 413627BM1	745,000	$443,275	0.16 %
215.	PETROHAWK ENERGY CORP Cusip: 716495AN6	390,000	$442,650	0.16 %
216.	QVC INC Cusip: 747262AA1	406,000	$440,510	0.15 %
217.	INTERLINE BRANDS INC Cusip: 45874QAB6	448,000	$437,920	0.15 %
218.	ENDO PHARMACEUTICALS HOLDINGS INC. Cusip: 29264FAH9	424,000	$425,060	0.15 %
219.	RSC EQUIPMENT RENTAL INC Cusip: 78108AAE4	485,000	$419,525	0.15 %
220.	RITE AID CORPORATION Cusip: 767754CB8	400,000	$417,000	0.15 %
221.	RR DONNELLEY & SONS CO Cusip: 257867AX9	458,000	$413,917	0.15 %
222.	AMERICAN RENAL HOLDINGS Cusip: 029229AB7	409,000	$411,045	0.14 %
223.	COTT BEVERAGES USA INC. Cusip: 221643AD1	400,000	$408,000	0.14 %
224.	MGM MIRAGE Cusip: 552953BC4	470,000	$407,725	0.14 %
225.	LIFEPOINT HOSPITALS INC Cusip: 53219LAK5	401,000	$394,985	0.14 %
226.	DELPHI CORP Cusip: 24713EAA5	417,000	$387,810	0.14 %
227.	CENTRAL GARDEN & PET COMPANY Cusip: 153527AG1	400,000	$386,000	0.14 %
228.	ROCK OHIO CAESARS LLC TL 7.00 Cusip: BAX39VUB0	392,000	$385,630	0.14 %
229.	EQUINIX INC Cusip: 29444UAK2	385,000	$383,075	0.13 %
230.	EL PASO CORPORATION Cusip: 28336LBM0	340,000	$381,785	0.13 %
231.	FIRST DATA CORPORATION Cusip: 319963BC7	410,000	$381,300	0.13 %
232.	INTEGRA TELECOM HOLDINGS INC Cusip: 45823WAA7	401,000	$368,920	0.13 %
233.	CHAPARRAL ENERGY INC Cusip: 15941RAN0	367,000	$367,000	0.13 %
234.	GARDA WORLD SECURITY CORPORATION Cusip: 36485MAA7	361,000	$366,415	0.13 %
235.	LEAR CORPORATION Cusip: 521865AS4	330,000	$353,925	0.12 %
236.	PINAFORE LLC/ PINAFORE INC Cusip: 693492AC4	332,000	$338,640	0.12 %
237.	DEAN FOODS CO Cusip: 242370AC8	333,000	$337,162	0.12 %
238.	AES CORPORATION (THE) Cusip: 00130HBH7	331,000	$332,655	0.12 %
239.	CDW LLC Cusip: 12513GAU3	325,000	$318,500	0.11 %
240.	LEVEL 3 FINANCING INC Cusip: 527298AQ6	340,000	$316,200	0.11 %
241.	SEALED AIR CORP Cusip: 81211KAQ3	311,000	$314,110	0.11 %
242.	STERIGENICS INTERNATIONAL INC Cusip: 78477JAA6	325,000	$313,625	0.11 %
243.	COLUMBUS MCKINNON CORPORATION Cusip: 199333AJ4	319,000	$309,430	0.11 %
244.	INTELSAT JACKSON HLDGS SA Cusip: 45824TAD7	330,000	$306,075	0.11 %
245.	BILL BARRETT CORP Cusip: 06846NAC8	308,000	$302,610	0.11 %
246.	SEMINOLE TRIBE OF FLORIDA Cusip: 81683RAC8	310,000	$297,066	0.10 %
247.	EXCO RESOURCES INC Cusip: 269279AD7	331,000	$296,245	0.10 %
248.	BERRY PETROLEUM COMPANY Cusip: 085789AE5	305,000	$290,512	0.10 %
249.	ACCURIDE CORP Cusip: 00439TAE7	315,000	$289,800	0.10 %
250.	PENN NATIONAL GAMING INC Cusip: 707569AN9	270,000	$286,200	0.10 %
251.	OSHKOSH CORP Cusip: 688225AB7	293,000	$284,210	0.10 %
252.	CHRYSLER GROUP LLC Cusip: 17121EAA5	362,000	$283,265	0.10 %
253.	BURLINGTON COAT FACTORY WAREHOUSE Cusip: 121579AF3	330,000	$280,500	0.10 %
254.	RITE AID CORPORATION Cusip: 767754BT0	355,000	$280,450	0.10 %
255.	NUVEEN INVESTMENTS INC Cusip: 67090FAD8	300,000	$276,750	0.10 %
256.	AMGH MERGER SUB INC Cusip: 009127AA9	272,000	$273,360	0.10 %
257.	COMMSCOPE INC Cusip: 203372AH0	278,000	$271,050	0.09 %
258.	QVC INC Cusip: 747262AC7	255,000	$269,662	0.09 %
259.	BERRY PETROLEUM COMPANY Cusip: 085789AD7	240,000	$268,800	0.09 %
260.	DOLPHIN SUBSIDIARY II INC Cusip: 256882AC5	275,000	$266,750	0.09 %
261.	INTERFACE INC Cusip: 458665AR7	265,000	$265,000	0.09 %
262.	SEALED AIR CORP Cusip: 81211KAR1	259,000	$261,590	0.09 %
263.	DELPHI CORP Cusip: 24713EAD9	278,000	$258,540	0.09 %
264.	DANA HOLDING CORP Cusip: 235825AA4	245,000	$236,425	0.08 %
265.	ARD FINANCE SA PIK Cusip: 00191AAA4	282,000	$234,060	0.08 %
266.	CHEMTURA CORP Cusip: 163893AC4	237,000	$232,260	0.08 %
267.	FRESENIUS MEDICAL CARE US FINANCE Cusip: 35802XAA1	222,000	$225,330	0.08 %
268.	VAIL RESORTS INC Cusip: 91879QAJ8	228,000	$224,580	0.08 %
269.	AMERICAN RENAL HOLDINGS CO PIK Cusip: 029227AA3	220,841	$214,767	0.08 %
270.	DUCOMMUN INCORPORATED Cusip: 264147AB5	214,000	$213,465	0.07 %
271.	DARLING INTERNATIONAL INC Cusip: 237266AD3	195,000	$210,112	0.07 %
272.	BRIGHAM EXPLORATION CO Cusip: 109178AG8	211,000	$205,725	0.07 %
273.	METROPCS WIRELESS INC Cusip: 591709AL4	224,000	$197,120	0.07 %
274.	RADNET MANAGEMENT INC Cusip: 750492AD2	180,000	$166,500	0.06 %
275.	BERRY PETROLEUM COMPANY Cusip: 085789AC9	135,000	$137,700	0.05 %
276.	INTERNATIONAL AUTOMOTIVE COMPONENT Cusip: 45903PAA5	126,000	$117,810	0.04 %
277.	SPEEDWAY MOTORSPORTS INC Cusip: 847788AQ9	121,000	$115,252	0.04 %
278.	HEALTHSOUTH CORP Cusip: 421924BJ9	110,000	$99,825	0.03 %
279.	NORTEK INC Cusip: 656559BM2	103,000	$95,275	0.03 %
280.	COMSTOCK RESOURCES INC Cusip: 205768AH7	99,000	$92,565	0.03 %
281.	VANGUARD HEALTH HOLDING CO II LLC Cusip: 92203PAH9	90,000	$80,212	0.03 %
282.	CF INDUSTRIES HOLDINGS INC Cusip: 12527GAB9	55,000	$62,562	0.02 %
283.	LEUCADIA NATIONAL CORP Cusip: 527288104	2,168	$49,170	0.02 %
284.	ANTERO RESOURCES FINANCE CORP Cusip: 03674PAD5	51,000	$48,450	0.02 %
285.	SIMMONS HOLDCO TL 5.25 Cusip: BRS4QJTG6	1,922,816.73	$4,807	0.00 %
286.	CMP SUSQUEHANNA WT 3/26/2019 Cusip: 12601G110	29,954	$299	0.00 %
287.	FAIRLANE MANAGEMENT CORP Cusip: 305059107	50,004	$0	0.00 %
288.	SIX FLAGS INC 144A ESCROW CUSIP Cusip: 83099V9A9	950,000	$0	0.00 %
	Other Assets less Liabilities Cusip:		$-2,700,217	-0.95 %
Net Assets			$285,387,576	100.00 %

	Symbol	Cusip	Inception Date
Class A	SSCVX	19766H510	04/25/1997
Class B	SSCBX	19766H494	04/25/1997
Class C	SVMCX	19766H486	05/27/1999
Class R	SSVRX	19766H460	04/30/2003
Class Z	CSSZX	19766H437	09/27/2010

Columbia Select Smaller-Cap Value Fund

Quarter-end Fund Returns

Returns as of December 31, 2011

	Avg. Annual Return % (without Sales Charge)	Avg. Annual Return % (with Sales Charge)
Class A
1 year	-9.42	-14.60
3 year	16.16	13.90
5 year	-0.41	-1.59
10 year	5.50	4.88
Since inception on 04/25/1997	7.29	6.85
Class B
1 year	-10.15	-14.36
3 year	15.30	14.54
5 year	-1.17	-1.48
10 year	4.70	4.70
Since inception on 04/25/1997	6.49	6.49
Class C
1 year	-10.13	-10.97
3 year	15.32	15.32
5 year	-1.14	-1.14
10 year	4.71	4.71
Since inception on 05/27/1999	6.50	6.50
Class R
1 year	-9.69	n/a
3 year	15.82	n/a
5 year	-0.71	n/a
Since inception on 04/30/2003	6.98	n/a

Month-end Fund Returns

Returns as of January 31, 2012

	Avg. Annual Return % (without Sales Charge)	Avg. Annual Return % (with Sales Charge)
Class A
1 year	-3.08	-8.66
3 year	24.00	21.59
5 year	1.05	-0.14
10 year	6.40	5.77
Since inception on 04/25/1997	7.83	7.40
Class B
1 year	-3.79	-8.31
3 year	23.07	22.40
5 year	0.28	-0.03
10 year	5.60	5.60
Since inception on 04/25/1997	7.04	7.04
Class C
1 year	-3.86	-4.76
3 year	23.04	23.04
5 year	0.31	0.31
10 year	5.61	5.61
Since inception on 05/27/1999	7.04	7.04
Class R
1 year	-3.28	n/a
3 year	23.67	n/a
5 year	0.75	n/a
Since inception on 04/30/2003	7.53	n/a

Returns reflect any change in price per share, and assume the reinvestment of dividends and capital gain distributions, if any. Returns for Class A shares are calculated with and without the effect of the maximum initial sales charge of 5.75% for equity funds and 4.75% for fixed income funds, except for RiverSource Absolute Return Currency and Income Fund, RiverSource Floating Rate Fund, RiverSource Inflation Protected Securities Fund, RiverSource Intermediate Tax-Exempt Fund, RiverSource Limited Duration Bond Fund and RiverSource Short Duration U.S. Government Fund, which have a maximum initial sales charge of 3.00%, and the Seligman fixed income funds, which have a maximum initial sales charge of 4.50% (which will increase to 4.75% on or about June 12, 2009). RiverSource Cash Management Fund, RiverSource Tax-Exempt Money Market Fund and Seligman Cash Management Fund have no initial sales charge. Returns for Class B shares are calculated with and without the effect of a contingent deferred sales charge (CDSC) applied as follows: first year 5%; second year 4%; third and fourth years 3% (except that for shares purchased in a RiverSource fund, RiverSource Partners fund or Threadneedle fund prior to or on June 12, 2009, the CDSC percentage for the third year is 4%); fifth year 2%; sixth year 1%; and 0% thereafter. Returns for Class C shares are calculated with and without the effect of a 1% CDSC charged only on redemptions made within one year after purchase.

Fund Holdings

Top 10 Holdings for month ending July 2009

Security		% of Net Assets

Top 10 holdings are shown in descending order of value and exclude short-term holdings and cash.
The top 10 holdings represent 0.00 % of the Fund's net assets.

Full Holdings for quarter ending Q3 2009

Security		Shares/ Principal	Market Value	% of Net Assets
1.	Seligman Capital Fund	162,591	$2,840,465	21.80
2.	Seligman Global Smaller Companies Fund	248,941	$2,618,859	20.10
3.	Seligman Communications and Information Fund	61,643	$2,023,123	15.52
4.	Seligman Smaller-Cap Value Fund	153,688	$1,687,494	12.95
5.	Seligman Emerging Markets Fund	136,248	$1,310,706	10.06
6.	Seligman LaSalle Global Real Estate Fund	231,245	$661,361	5.07
7.	Seligman International Growth Fund	77,324	$655,707	5.03
8.	Seligman Large-Cap Value Fund	35,239	$393,267	3.02
9.	Seligman Frontier Fund	47,821	$391,654	3.01
10.	Seligman Growth Fund	107,784	$386,945	2.97
11.	SSgA U.S. Treasury Money Market Fund	60,144.52	$60,145	0.46
12.	Other Assets Less Liabilities		$2,591	0.02
	Other Assets less Liabilities		$0	-0.00
Net Assets			$13,032,316	100.00

Full Holdings for quarter ending Q2 2009

Security		Shares/ Principal	Market Value	% of Net Assets
1.	Seligman Capital Fund	167,691	$2,674,671	21.89
2.	Seligman Global Smaller Companies Fund	252,941	$2,435,822	19.94
3.	Seligman Communications and Information Fund	62,668	$1,934,561	15.83
4.	Seligman Smaller-Cap Value Fund	159,816	$1,596,562	13.07
5.	Seligman Emerging Markets Fund	139,548	$1,222,441	10.01
6.	Seligman LaSalle Global Real Estate Fund	231,945	$610,015	4.99
7.	Seligman International Growth Fund	77,924	$603,911	4.94
8.	Seligman Frontier Fund	47,821	$368,222	3.01
9.	Seligman Large-Cap Value Fund	35,239	$367,190	3.01
10.	Seligman Growth Fund	109,284	$362,823	2.97
11.	SSgA U.S. Treasury Money Market Fund	33,676.66	$33,677	0.28
12.	Other Assets Less Liabilities		$8,024	0.07
	Other Assets less Liabilities		$0	-0.00
Net Assets			$12,217,918	100.00

Full Holdings for quarter ending Q2 2009

Security		Shares/ Principal	Market Value	% of Net Assets
1.	Seligman Capital Fund	169,384	$2,710,144	22.13
2.	Seligman Global Smaller Companies Fund	257,531	$2,443,969	19.95
3.	Seligman Communications and Information Fund	64,667	$1,938,717	15.83
4.	Seligman Smaller-Cap Value Fund	160,957	$1,595,083	13.02
5.	Seligman Emerging Markets Fund	137,380	$1,232,299	10.06
6.	Seligman LaSalle Global Real Estate Fund	229,054	$620,736	5.07
7.	Seligman International Growth Fund	76,059	$611,514	4.99
8.	Seligman Large-Cap Value Fund	34,793	$369,154	3.01
9.	Seligman Growth Fund	111,316	$368,456	3.01
10.	Seligman Frontier Fund	48,949	$365,160	2.98
11.	Other Assets Less Liabilities		$-7,148	-0.06
	Other Assets less Liabilities		$0	-0.00
Net Assets			$12,248,083	100.00

Full Holdings for quarter ending Q2 2009

Security		Shares/ Principal	Market Value	% of Net Assets
1.	Seligman Capital Fund	171,018	$2,573,821	22.12
2.	Seligman Global Smaller Companies Fund	276,247	$2,337,050	20.08
3.	Seligman Communications and Information Fund	62,231	$1,840,793	15.82
4.	Seligman Smaller-Cap Value Fund	165,029	$1,534,770	13.19
5.	Seligman Emerging Markets Fund	154,111	$1,152,750	9.91
6.	Seligman International Growth Fund	81,094	$578,200	4.97
7.	Seligman LaSalle Global Real Estate Fund	224,519	$563,543	4.84
8.	Seligman Frontier Fund	49,003	$354,292	3.04
9.	Seligman Growth Fund	111,169	$350,182	3.01
10.	Seligman Large-Cap Value Fund	35,450	$345,637	2.97
11.	SSgA U.S. Treasury Money Market Fund	9,745	$9,745	0.08
12.	Other Assets Less Liabilities		$-3,548	-0.03
	Other Assets less Liabilities		$12	0.00
Net Assets			$11,637,247	100.00

Top 10 Holdings for month ending July 2011

Security		% of Net Assets
1.	MELCO CROWN ENTERTAINME-ADR	1.63
2.	OLAM INTERNATIONAL LTD	1.21
3.	HEXAGON AB-B SHS	1.19
4.	KANSAI PAINT CO LTD	1.07
5.	LOCALIZA RENT A CAR	1.07
6.	INTERTEK GROUP PLC	1.01
7.	ZHAOJIN MINING INDUSTRY - H	0.99
8.	FUGRO NV-CVA	0.93
9.	ATWOOD OCEANICS INC	0.91
10.	SIMPLO TECHNOLOGY CO LTD	0.91

Top 10 holdings are shown in descending order of value and exclude short-term holdings and cash.
The top 10 holdings represent 10.92 % of the Fund's net assets.

Full Holdings for quarter ending Q3 2011

Security		Shares/ Principal	Market Value	% of Net Assets
1.	COLUMBIA SHORT TERM CASH FUND	17,041,832.72	$17,041,832	4.94
2.	MELCO CROWN ENTERTAINME-ADR	371,700	$5,623,821	1.63
3.	OLAM INTERNATIONAL LTD	1,910,600	$4,176,521	1.21
4.	HEXAGON AB-B SHS	201,718	$4,105,451	1.19
5.	KANSAI PAINT CO LTD	401,600	$3,708,682	1.07
6.	LOCALIZA RENT A CAR	228,300	$3,680,239	1.07
7.	INTERTEK GROUP PLC	111,200	$3,491,173	1.01
8.	ZHAOJIN MINING INDUSTRY - H	1,714,000	$3,411,858	0.99
9.	FUGRO NV-CVA	41,635	$3,209,483	0.93
10.	ATWOOD OCEANICS INC	67,591	$3,156,499	0.91
11.	SIMPLO TECHNOLOGY CO LTD	364,980	$3,145,612	0.91
12.	LIFESTYLE INTL HLDGS LTD	956,000	$3,122,143	0.90
13.	NASPERS LTD-N SHS	58,238	$3,116,797	0.90
14.	ASICS CORP	193,800	$2,938,614	0.85
15.	VOPAK	58,627	$2,926,007	0.85
16.	NEOPOST SA	36,000	$2,876,731	0.83
17.	SHAWCOR LTD-CLASS A	90,747	$2,849,348	0.83
18.	SIKA AG-BR	1,213	$2,838,337	0.82
19.	RHEINMETALL AG	33,400	$2,795,593	0.81
20.	MR PRICE GROUP LTD	244,284	$2,691,496	0.78
21.	WOONGJIN COWAY CO LTD	68,800	$2,656,318	0.77
22.	NOVOZYMES A/S-B SHARES	16,248	$2,649,745	0.77
23.	IMTECH NV	81,903	$2,641,910	0.77
24.	TEN CATE NV	75,588	$2,630,746	0.76
25.	CCL INDUSTRIES INC - CL B	77,383	$2,624,113	0.76
26.	UNIT 4 AGRESSO NV	78,450	$2,602,618	0.75
27.	CHEMRING GROUP PLC	288,674	$2,596,154	0.75
28.	ISRAEL CHEMICALS LTD	153,478	$2,580,508	0.75
29.	ALEXION PHARMACEUTICALS INC	43,644	$2,478,979	0.72
30.	KUEHNE & NAGEL INTL AG-REG	17,271	$2,414,534	0.70
31.	AALBERTS INDUSTRIES NV	121,986	$2,376,549	0.69
32.	PARTNERS GROUP HOLDING AG	12,450	$2,366,101	0.69
33.	GEBERIT AG-REG	9,855	$2,325,544	0.67
34.	SEVEN BANK LTD	1,115	$2,293,771	0.66
35.	EUROFINS SCIENTIFIC	25,400	$2,291,347	0.66
36.	FAR EASTONE TELECOMM CO LTD	1,379,000	$2,280,313	0.66
37.	ADCOCK INGRAM HOLDINGS LTD	245,600	$2,241,747	0.65
38.	MILLS ESTRUTURAS E SERVICOS	159,300	$2,170,428	0.63
39.	AEON DELIGHT CO LTD	98,000	$2,163,024	0.63
40.	PRESIDENT CHAIN STORE CORP	330,700	$2,115,752	0.61
41.	CDL HOSPITALITY TRUSTS	1,221,400	$2,108,293	0.61
42.	SUZANO PAPEL E CELULOSE SA	315,225	$2,091,540	0.61
43.	BIOMARIN PHARMACEUTICAL INC	66,594	$2,079,730	0.60
44.	SWECO AB-B SHS	206,411	$2,050,527	0.59
45.	MAPLETREE LOGISTICS TRUST	2,655,000	$2,027,898	0.59
46.	GEMALTO	42,400	$2,020,051	0.59
47.	MAPLETREE INDUSTRIAL TRUST	1,965,000	$1,995,322	0.58
48.	ASCENDAS REAL ESTATE INV TRT	1,168,549	$1,978,979	0.57
49.	RATIONAL AG	7,293	$1,975,097	0.57
50.	UGL LIMITED	131,813	$1,941,236	0.56
51.	WIRECARD AG	112,541	$1,934,268	0.56
52.	RHOEN-KLINIKUM AG	77,525	$1,931,936	0.56
53.	COCHLEAR LIMITED	24,810	$1,930,529	0.56
54.	HOSHIZAKI ELECTRIC CO LTD	83,000	$1,883,984	0.55
55.	ORIX JREIT INC	340	$1,873,448	0.54
56.	UNITED DRUG PLC	547,152	$1,836,502	0.53
57.	GRUPO AEROPORTUARIO SUR-ADR	30,797	$1,836,117	0.53
58.	WORLD FUEL SERVICES CORP	48,743	$1,834,199	0.53
59.	CHINA YURUN FOOD GROUP LTD	572,000	$1,795,287	0.52
60.	L OCCITANE INTERNATIONAL SA	652,550	$1,794,776	0.52
61.	JAIN IRRIGATION SYSTEMS LTD	455,940	$1,794,603	0.52
62.	ARCHIPELAGO RESOURCES PLC	1,418,180	$1,769,183	0.51
63.	RMI HOLDINGS	942,400	$1,749,990	0.51
64.	KAMIGUMI CO LTD	174,000	$1,732,152	0.50
65.	SHINSEI BANK LTD	1,359,800	$1,726,409	0.50
66.	JARDINE LLOYD THOMPSON GROUP	163,300	$1,719,627	0.50
67.	ASAHI DIAMOND INDUSTRIAL CO	72,200	$1,707,438	0.49
68.	NORTHAM PLATINUM LTD	306,900	$1,701,460	0.49
69.	BAYTEX ENERGY CORP	30,477	$1,701,123	0.49
70.	HAMAMATSU PHOTONICS KK	37,600	$1,691,951	0.49
71.	NAKANISHI INC	16,262	$1,690,009	0.49
72.	WORKSPACE GROUP PLC	3,798,850	$1,688,052	0.49
73.	CIR SPA	708,300	$1,658,738	0.48
74.	GREE INC	71,900	$1,646,426	0.48
75.	ADVANCE RESIDENCE INVESTMENT	780	$1,641,676	0.48
76.	SAI GLOBAL LTD	330,000	$1,635,047	0.47
77.	ARCADIS NV	69,222	$1,631,751	0.47
78.	BANK SARASIN & CIE AG-REG B	38,226	$1,617,337	0.47
79.	MERSEN (EX CARBON LORRAINE)	29,705	$1,605,272	0.46
80.	CORONATION FUND MANAGERS LTD	535,500	$1,604,338	0.46
81.	FMC TECHNOLOGIES INC	34,939	$1,593,218	0.46
82.	NHN CORP	8,000	$1,592,551	0.46
83.	KURARAY CO LTD	104,800	$1,582,162	0.46
84.	KINTETSU WORLD EXPRESS INC	46,051	$1,580,234	0.46
85.	CHINA STEEL CHEMICAL CORP	276,900	$1,575,345	0.46
86.	NATURA COSMETICOS SA	69,000	$1,562,104	0.45
87.	SAFT GROUPE SA	47,900	$1,557,565	0.45
88.	RUBIS	26,460	$1,544,017	0.45
89.	CTS EVENTIM	42,092	$1,537,451	0.45
90.	AIN PHARMACIEZ INC	37,492	$1,533,474	0.44
91.	SIMCORP A/S	8,282	$1,533,452	0.44
92.	NEW ORIENTAL EDUCATIO-SP ADR	12,000	$1,532,760	0.44
93.	MONGOLIAN MINING CORP	1,239,000	$1,519,720	0.44
94.	PIERRE & VACANCES	19,200	$1,517,869	0.44
95.	TERNA SPA	330,100	$1,496,823	0.43
96.	IVANHOE MINES LTD	56,842	$1,488,499	0.43
97.	HOME PRODUCT CENTER PCL-FOR	4,827,700	$1,486,582	0.43
98.	JUPITER TELECOMMUNICATIONS	1,276	$1,486,187	0.43
99.	ST SHINE OPTICAL CO LTD	95,600	$1,474,425	0.43
100.	TELEPERFORMANCE	57,200	$1,473,646	0.43
101.	SA SA INTERNATIONAL HLDGS	1,858,000	$1,471,803	0.43
102.	SERCO GROUP PLC	165,000	$1,459,815	0.42
103.	MUNDRA PORT AND SEZ LIMITED	446,000	$1,446,548	0.42
104.	KOMERCNI BANKA AS	6,468	$1,445,111	0.42
105.	GLOBEOP FINANCIAL SERVICES	199,500	$1,444,140	0.42
106.	WACOM CO LTD	1,248	$1,410,762	0.41
107.	MGM CHINA HOLDINGS LTD	625,000	$1,395,348	0.40
108.	TSUMURA & CO	41,904	$1,371,586	0.40
109.	PETER HAMBRO MINING PLC	104,900	$1,370,046	0.40
110.	HUTCHINSON PORT HOLDINGS TRST	1,800,000	$1,368,000	0.40
111.	OSAKA SECURITIES EXCHANGE CO	271	$1,354,180	0.39
112.	STOCKMANN OYJ ABP-B SHARE	51,339	$1,349,972	0.39
113.	AG GROWTH INTERNATIONAL INC	28,700	$1,346,312	0.39
114.	RED ELECTRICA CORPORACION SA	24,582	$1,338,795	0.39
115.	NORBERT DENTRESSANGLE	11,400	$1,333,385	0.39
116.	MRV ENGENHARIA	180,500	$1,327,984	0.38
117.	SINGAPORE EXCHANGE LTD	213,000	$1,319,809	0.38
118.	IBIDEN CO LTD	43,444	$1,314,764	0.38
119.	CORE LABORATORIES N.V.	12,084	$1,313,289	0.38
120.	USHIO INC	68,600	$1,290,261	0.37
121.	START TODAY CO LTD	51,700	$1,288,653	0.37
122.	REDES ENERGETICAS NACIONAIS	386,400	$1,272,993	0.37
123.	MAPLETREE COMMERCIAL TRUST	1,700,000	$1,270,658	0.37
124.	ANSALDO STS SPA	128,983	$1,246,578	0.36
125.	DAISEKI CO LTD	62,700	$1,236,177	0.36
126.	TAIWAN HON CHUAN ENTERPRISE	411,000	$1,235,814	0.36
127.	PDG REALTY SA	233,600	$1,229,116	0.36
128.	GLORY LTD	51,862	$1,212,929	0.35
129.	NIPPON SHEET GLASS CO LTD	380,000	$1,211,990	0.35
130.	KAKAKU.COM INC	30,600	$1,210,410	0.35
131.	ONEX CORP CAD	32,100	$1,203,435	0.35
132.	ASIAN PAINTS LTD	17,000	$1,202,841	0.35
133.	NEXT PLC ORD	30,900	$1,201,106	0.35
134.	DUFRY GROUP-REG	10,100	$1,194,085	0.35
135.	IVANHOE MINES LTD	45,424	$1,191,471	0.35
136.	FORMOSA INTERNATIONAL HOTELS	70,808	$1,188,443	0.34
137.	SHIMADZU CORP	127,000	$1,178,318	0.34
138.	GOODPACK LTD	750,000	$1,175,239	0.34
139.	QUIMICA Y MINERA CHIL-SP ADR	18,049	$1,160,911	0.34
140.	FUKUOKA REIT CORP	149	$1,154,491	0.33
141.	ENN ENERGY HOLDINGS LTD	340,000	$1,147,476	0.33
142.	JAPAN AIRPORT TERMINAL CO	88,400	$1,134,996	0.33
143.	JIANGSU EXPRESS CO LTD-H	1,174,000	$1,128,323	0.33
144.	TORISHIMA PUMP MFG CO LTD	71,363	$1,125,667	0.33
145.	EMENTOR ASA	108,612	$1,116,620	0.32
146.	WANT WANT CHINA HOLDINGS LTD	1,249,000	$1,111,493	0.32
147.	MULTIPLUS SA	63,000	$1,090,724	0.32
148.	GEOX SPA	210,000	$1,078,952	0.31
149.	OIL STATES INTERNATIONAL INC	13,271	$1,070,969	0.31
150.	REXCAPITAL FINANCIAL HOLDING	13,000,000	$1,064,733	0.31
151.	TOD'S SPA	7,900	$1,057,127	0.31
152.	REI AGRO LTD	1,623,100	$1,052,315	0.30
153.	KESA ELECTRICALS PLC	490,000	$1,047,150	0.30
154.	ARYZTA AG	19,058	$1,028,832	0.30
155.	PADDY POWER PLC	21,042	$1,027,090	0.30
156.	COBHAM PLC	308,000	$1,026,646	0.30
157.	BRISTOW GROUP INC	20,759	$1,006,396	0.29
158.	SINTOKOGIO LTD	95,253	$989,703	0.29
159.	ABCAM PLC	150,000	$984,870	0.29
160.	ALLIANCE GRAIN TRADERS INC	37,200	$983,875	0.28
161.	USG PEOPLE NV	65,037	$972,760	0.28
162.	DUERR AG	21,700	$969,631	0.28
163.	BLACK DIAMOND GROUP LTD	28,988	$967,834	0.28
164.	ROTORK PLC	36,095	$936,300	0.27
165.	ICOM INC	35,800	$925,766	0.27
166.	MEGASTUDY CO LTD	6,400	$914,627	0.26
167.	SMITH & NEPHEW PLC	86,527	$910,217	0.26
168.	MIURA CO LTD	31,250	$899,994	0.26
169.	PIGEON CORP	23,300	$894,605	0.26
170.	ELRINGKLINGER AG	29,900	$893,636	0.26
171.	TRIPOD TECHNOLOGY CORP	222,400	$883,098	0.26
172.	CHINA COMMUNICATIONS SERVI-H	1,722,200	$868,727	0.25
173.	51JOB INC-ADR	13,100	$865,255	0.25
174.	TEXTAINER GROUP HOLDINGS LTD	33,032	$857,180	0.25
175.	PREMIER OIL PLC	129,102	$856,742	0.25
176.	MANAPPURAM GEN FIN & LEASING	682,000	$847,498	0.25
177.	HONG KONG EXCHANGES & CLEAR	40,000	$825,177	0.24
178.	AEON MALL CO LTD	30,874	$793,824	0.23
179.	MAIL.RU GROUP LTD-GDR 144A	21,400	$760,976	0.22
180.	TAHOE RESOURCES INC	36,400	$744,800	0.22
181.	SM PRIME HOLDINGS INC	2,704,000	$740,364	0.21
182.	TULLOW OIL PLC	36,681	$736,917	0.21
183.	UNIBET GROUP PLC-SDR	32,200	$715,635	0.21
184.	INTRALOT S.A.-INTEGRATED LOT	384,900	$702,389	0.20
185.	MORI HILLS REIT INVESTMENT C - REIT	205	$687,561	0.20
186.	DEETHREE EXPLOR LTD LEG-WANGER	167,000	$653,702	0.19
187.	S. KUMARS NATIONWIDE LTD	509,600	$636,601	0.18
188.	EVERLIGHT ELECTRONICS CO LTD	289,210	$622,687	0.18
189.	SHRIRAM TRANSPORT FINANCE	41,700	$602,763	0.17
190.	HORIZON NORTH LOGISTICS INC	117,514	$595,287	0.17
191.	SOUTHERN ARC MINERALS INC	352,500	$586,608	0.17
192.	IDFC LTD	206,000	$586,266	0.17
193.	EVS BROADCAST EQUIPMENT S.A.	9,100	$572,980	0.17
194.	HI-MEDIA SA	108,104	$564,537	0.16
195.	CANACOL ENERGY LTD-WANGER	534,000	$564,487	0.16
196.	DEUTSCHE BETEILIGUNGS AG	20,086	$533,217	0.15
197.	WASION GROUP HOLDINGS LTD	1,086,400	$515,850	0.15
198.	UNITED BREWERIES LTD	41,200	$468,144	0.14
199.	CREW ENERGY INC	28,900	$459,762	0.13
200.	SHAFTESBURY PLC	52,400	$438,668	0.13
201.	PAN ORIENT ENERGY CORP	95,096	$436,936	0.13
202.	SEEK LTD	60,000	$435,419	0.13
203.	GULF UNITED ENERGY INC PIPE	1,333,000	$419,895	0.12
204.	NOAH HOLDINGS LTD-SPON ADS	30,500	$403,210	0.12
205.	PURECIRCLE LTD	218,348	$401,416	0.12
206.	ORC GROUP AB	32,600	$323,854	0.09
207.	MADALENA VENTURES INC	400,000	$322,361	0.09
208.	POYRY OYJ	23,985	$319,620	0.09
209.	MISUMI GROUP INC	10,500	$293,064	0.08
210.	DEETHREE EXPLORATION LTD	72,400	$283,401	0.08
211.	STERLING RESOURCES LTD	175,000	$252,760	0.07
212.	CELTIC EXPLORATION LTD	8,500	$214,579	0.06
213.	FLYBE GROUP PLC-W/I	73,000	$212,091	0.06
214.	AMVIG HOLDINGS LTD	314,900	$193,512	0.06
215.	CENTRAL EURO DISTRIBUTION CP	19,830	$191,954	0.06
216.	ZUOAN FASHION LTD-SPON ADR	43,500	$170,085	0.05
217.	SINYI REALTY CO	86,760	$165,707	0.05
218.	ACE HARDWARE INDONESIA	414,300	$161,407	0.05
219.	EACOM TIMBER CORP	420,000	$138,468	0.04
220.	INTL CONTAINER TERM SVCS INC	65,400	$84,643	0.02
221.	MANILA WATER COMPANY	163,200	$76,526	0.02
222.	TAIWAN HON CHUAN ENT - RTS	27,030	$22,684	0.01
	Other Assets less Liabilities		$4,427,489	1.28
Net Assets			$345,242,611	100.00

Full Holdings for quarter ending Q2 2011

Security		Shares/ Principal	Market Value	% of Net Assets
1.	COLUMBIA SHORT TERM CASH FUND	9,022,304.16	$9,022,304	2.46
2.	HEXAGON AB-B SHS	218,871	$5,391,149	1.47
3.	MELCO CROWN ENTERTAINME-ADR	416,100	$5,313,597	1.45
4.	OLAM INTERNATIONAL LTD	2,092,600	$4,651,863	1.27
5.	LOCALIZA RENT A CAR	250,000	$4,446,865	1.21
6.	KANSAI PAINT CO LTD	450,600	$4,105,504	1.12
7.	ZHAOJIN MINING INDUSTRY - H	1,919,012	$3,958,852	1.08
8.	NASPERS LTD-N SHS	65,138	$3,679,413	1.00
9.	INTERTEK GROUP PLC	115,000	$3,641,553	0.99
10.	FUGRO NV-CVA	46,613	$3,360,864	0.92
11.	ATWOOD OCEANICS INC	75,661	$3,338,919	0.91
12.	CHEMRING GROUP PLC	323,474	$3,322,623	0.91
13.	RHEINMETALL AG	37,500	$3,319,936	0.91
14.	AALBERTS INDUSTRIES NV	136,586	$3,192,890	0.87
15.	SIKA AG-BR	1,313	$3,165,567	0.86
16.	VOPAK	64,222	$3,146,913	0.86
17.	ASICS CORP	210,000	$3,134,526	0.85
18.	SHAWCOR LTD-CLASS A	101,647	$3,121,762	0.85
19.	UNIT 4 AGRESSO NV	85,850	$3,103,669	0.85
20.	NEOPOST SA	36,000	$3,092,647	0.84
21.	LIFESTYLE INTL HLDGS LTD	1,050,000	$3,071,863	0.84
22.	TEN CATE NV	75,588	$3,060,420	0.83
23.	SIMPLO TECHNOLOGY CO LTD	373,100	$3,015,616	0.82
24.	NOVOZYMES A/S-B SHARES	18,193	$2,960,598	0.81
25.	KUEHNE & NAGEL INTL AG-REG	19,271	$2,924,745	0.80
26.	IMTECH NV	81,903	$2,896,839	0.79
27.	MR PRICE GROUP LTD	273,484	$2,758,379	0.75
28.	ISRAEL CHEMICALS LTD	171,778	$2,741,253	0.75
29.	EUROFINS SCIENTIFIC	29,400	$2,708,137	0.74
30.	CCL INDUSTRIES INC - CL B	77,383	$2,660,604	0.73
31.	GEBERIT AG-REG	10,955	$2,595,582	0.71
32.	SUZANO PAPEL E CELULOSE SA	352,925	$2,550,856	0.70
33.	MILLS ESTRUTURAS E SERVICOS	174,500	$2,515,778	0.69
34.	SEVEN BANK LTD	1,248	$2,493,841	0.68
35.	PARTNERS GROUP HOLDING AG	13,950	$2,468,938	0.67
36.	WOONGJIN COWAY CO LTD	68,800	$2,453,715	0.67
37.	ADCOCK INGRAM HOLDINGS LTD	269,000	$2,363,466	0.64
38.	ALEXION PHARMACEUTICALS INC	48,864	$2,298,073	0.63
39.	CDL HOSPITALITY TRUSTS	1,367,400	$2,295,282	0.63
40.	SWECO AB-B SHS	231,111	$2,274,498	0.62
41.	WIRECARD AG	126,041	$2,252,742	0.61
42.	MAPLETREE LOGISTICS TRUST	2,960,000	$2,219,496	0.61
43.	AEON DELIGHT CO LTD	109,738	$2,212,662	0.60
44.	GEMALTO	46,000	$2,199,659	0.60
45.	HOSHIZAKI ELECTRIC CO LTD	99,000	$2,197,549	0.60
46.	NORTHAM PLATINUM LTD	343,700	$2,158,735	0.59
47.	COCHLEAR LIMITED	27,710	$2,144,688	0.58
48.	UGL LIMITED	142,513	$2,129,778	0.58
49.	ASCENDAS REAL ESTATE INV TRT	1,279,549	$2,128,216	0.58
50.	RATIONAL AG	7,993	$2,106,672	0.57
51.	ORIX JREIT INC	380	$2,099,886	0.57
52.	MAPLETREE INDUSTRIAL TRUST	2,200,000	$2,097,798	0.57
53.	RUBIS	16,300	$2,067,803	0.56
54.	RHOEN-KLINIKUM AG	84,993	$2,050,922	0.56
55.	RED ELECTRICA CORPORACION SA	33,677	$2,032,827	0.55
56.	GRUPO AEROPORTUARIO SUR-ADR	34,478	$2,032,133	0.55
57.	TOD'S SPA	14,900	$1,993,266	0.54
58.	FAR EASTONE TELECOMM CO LTD	1,231,000	$1,964,744	0.54
59.	WORLD FUEL SERVICES CORP	54,574	$1,960,843	0.53
60.	UNITED DRUG PLC	566,052	$1,938,871	0.53
61.	NATURA COSMETICOS SA	77,300	$1,937,638	0.53
62.	HAMAMATSU PHOTONICS KK	44,254	$1,913,405	0.52
63.	JAIN IRRIGATION SYSTEMS LTD	494,640	$1,890,712	0.52
64.	PRESIDENT CHAIN STORE CORP	326,000	$1,888,747	0.51
65.	SAI GLOBAL LTD	367,761	$1,873,915	0.51
66.	ASAHI DIAMOND INDUSTRIAL CO	85,000	$1,858,327	0.51
67.	ARCHIPELAGO RESOURCES PLC	1,869,380	$1,852,662	0.51
68.	SAFT GROUPE SA	53,700	$1,846,759	0.50
69.	TELEPERFORMANCE	62,800	$1,845,521	0.50
70.	ADVANCE RESIDENCE INVESTMENT	880	$1,841,812	0.50
71.	SIMCORP A/S	9,275	$1,830,331	0.50
72.	BIOMARIN PHARMACEUTICAL INC	66,594	$1,812,022	0.49
73.	JARDINE LLOYD THOMPSON GROUP	165,000	$1,803,403	0.49
74.	RMI HOLDINGS	986,700	$1,802,145	0.49
75.	SERCO GROUP PLC	202,500	$1,795,639	0.49
76.	BAYTEX ENERGY CORP	32,695	$1,787,215	0.49
77.	KAMIGUMI CO LTD	190,994	$1,784,992	0.49
78.	CHINA YURUN FOOD GROUP LTD	631,200	$1,784,752	0.49
79.	MERSEN (EX CARBON LORRAINE)	31,194	$1,759,679	0.48
80.	GREE INC	78,800	$1,722,626	0.47
81.	FMC TECHNOLOGIES INC	38,267	$1,713,978	0.47
82.	KOMERCNI BANKA AS	6,968	$1,699,304	0.46
83.	ANSALDO STS SPA	121,100	$1,697,300	0.46
84.	MRV ENGENHARIA	202,100	$1,693,825	0.46
85.	ARCADIS NV	69,222	$1,693,448	0.46
86.	AIN PHARMACIEZ INC	41,092	$1,690,734	0.46
87.	MONGOLIAN MINING CORP	1,357,300	$1,681,836	0.46
88.	NAKANISHI INC	16,262	$1,675,548	0.46
89.	KURARAY CO LTD	113,200	$1,658,382	0.45
90.	KINTETSU WORLD EXPRESS INC	50,451	$1,656,816	0.45
91.	BANK SARASIN & CIE AG-REG B	41,632	$1,648,939	0.45
92.	CREDITO EMILIANO SPA	256,297	$1,621,220	0.44
93.	MUNDRA PORT AND SEZ LIMITED	446,000	$1,618,344	0.44
94.	CTS EVENTIM	23,396	$1,616,654	0.44
95.	NHN CORP	9,100	$1,613,310	0.44
96.	USHIO INC	81,339	$1,608,258	0.44
97.	PIERRE & VACANCES	19,200	$1,600,686	0.44
98.	WACOM CO LTD	1,369	$1,598,712	0.44
99.	JUPITER TELECOMMUNICATIONS	1,428	$1,597,610	0.44
100.	WORKSPACE GROUP PLC	3,283,000	$1,593,888	0.43
101.	STOCKMANN OYJ ABP-B SHARE	56,239	$1,593,584	0.43
102.	TSUMURA & CO	49,204	$1,572,994	0.43
103.	NORBERT DENTRESSANGLE	13,300	$1,571,696	0.43
104.	CORE LABORATORIES N.V.	14,084	$1,570,929	0.43
105.	REDES ENERGETICAS NACIONAIS	432,600	$1,555,162	0.42
106.	AG GROWTH INTERNATIONAL INC	32,100	$1,524,371	0.42
107.	HUTCHINSON PORT HOLDINGS TRST	1,800,000	$1,521,000	0.41
108.	CHINA COMMUNICATIONS SERVI-H	2,504,200	$1,482,793	0.40
109.	IBIDEN CO LTD	47,244	$1,479,111	0.40
110.	ONEX CORPORATION	37,900	$1,468,529	0.40
111.	PDG REALTY SA	260,000	$1,464,389	0.40
112.	SINGAPORE EXCHANGE LTD	238,000	$1,462,484	0.40
113.	CIR SPA	582,300	$1,458,317	0.40
114.	START TODAY CO LTD	73,000	$1,457,742	0.40
115.	CORONATION FUND MANAGERS LTD	510,300	$1,456,533	0.40
116.	REXCAPITAL FINANCIAL HOLDING	14,984,326	$1,449,455	0.40
117.	IVANHOE MINES LTD	56,842	$1,436,300	0.39
118.	DAISEKI CO LTD	70,229	$1,421,846	0.39
119.	OSAKA SECURITIES EXCHANGE CO	318	$1,419,517	0.39
120.	MAKITA CORP	30,285	$1,411,249	0.38
121.	SHIMADZU CORP	152,000	$1,392,195	0.38
122.	GLOBEOP FINANCIAL SERVICES	221,000	$1,388,627	0.38
123.	DUFRY GROUP-REG	11,000	$1,385,548	0.38
124.	PETER HAMBRO MINING PLC	117,500	$1,376,646	0.38
125.	SHINSEI BANK LTD	1,359,800	$1,360,143	0.37
126.	NEW ORIENTAL EDUCATIO-SP ADR	12,000	$1,340,640	0.37
127.	VOSSLOH AG	9,480	$1,330,475	0.36
128.	NIPPON SHEET GLASS CO LTD	427,000	$1,327,655	0.36
129.	ASIAN PAINTS LTD	18,600	$1,327,497	0.36
130.	ST SHINE OPTICAL CO LTD	87,000	$1,321,796	0.36
131.	SA SA INTERNATIONAL HLDGS	2,060,000	$1,320,845	0.36
132.	EMENTOR ASA	124,900	$1,313,786	0.36
133.	QUIMICA Y MINERA CHIL-SP ADR	20,210	$1,307,991	0.36
134.	GLORY LTD	58,062	$1,307,817	0.36
135.	AEON MALL CO LTD	53,874	$1,305,085	0.36
136.	JIANGSU EXPRESS CO LTD-H	1,394,000	$1,290,477	0.35
137.	L OCCITANE INTERNATIONAL SA	481,000	$1,288,475	0.35
138.	IVANHOE MINES LTD	50,863	$1,286,833	0.35
139.	FUKUOKA REIT CORP	169	$1,272,367	0.35
140.	NEXT PLC ORD	34,000	$1,268,713	0.35
141.	FORMOSA INTERNATIONAL HOTELS	66,808	$1,267,292	0.35
142.	CHINA STEEL CHEMICAL CORP	235,000	$1,258,848	0.34
143.	GEOX SPA	210,000	$1,258,323	0.34
144.	BRISTOW GROUP INC	24,493	$1,249,632	0.34
145.	HOME PRODUCT CENTER PCL-FOR	4,640,000	$1,242,269	0.34
146.	BLACK DIAMOND GROUP LTD	37,288	$1,217,867	0.33
147.	OIL STATES INTERNATIONAL INC	15,000	$1,198,650	0.33
148.	MAPLETREE COMMERCIAL TRUST	1,700,000	$1,197,183	0.33
149.	TAIWAN HON CHUAN ENTERPRISE	394,000	$1,187,918	0.32
150.	ENN ENERGY HOLDINGS LTD	340,000	$1,157,197	0.32
151.	EVERLIGHT ELECTRONICS CO LTD	428,410	$1,153,909	0.31
152.	MGM CHINA HOLDINGS LTD	625,000	$1,150,134	0.31
153.	PADDY POWER PLC	21,042	$1,146,107	0.31
154.	TORISHIMA PUMP MFG CO LTD	71,363	$1,145,448	0.31
155.	ROTORK PLC	42,000	$1,136,497	0.31
156.	JAPAN AIRPORT TERMINAL CO	97,472	$1,135,218	0.31
157.	SINTOKOGIO LTD	110,000	$1,129,311	0.31
158.	USG PEOPLE NV	65,037	$1,124,687	0.31
159.	GOODPACK LTD	750,000	$1,118,737	0.30
160.	TERNA SPA	239,100	$1,111,618	0.30
161.	PREMIER OIL PLC	154,000	$1,103,827	0.30
162.	MULTIPLUS SA	63,000	$1,095,985	0.30
163.	REI AGRO LTD	1,915,400	$1,092,775	0.30
164.	KESA ELECTRICALS PLC	490,000	$1,082,908	0.30
165.	KAKAKU.COM INC	153	$1,075,872	0.29
166.	ABCAM PLC	159,765	$1,068,609	0.29
167.	MIURA CO LTD	36,650	$1,062,423	0.29
168.	ELRINGKLINGER AG	29,900	$1,061,006	0.29
169.	MEGASTUDY CO LTD	7,800	$1,049,273	0.29
170.	COBHAM PLC	308,000	$1,045,991	0.29
171.	SMITH & NEPHEW PLC	97,353	$1,039,041	0.28
172.	ICOM INC	40,158	$1,033,405	0.28
173.	TEXTAINER GROUP HOLDINGS LTD	33,032	$1,015,403	0.28
174.	ARYZTA AG	19,058	$1,009,716	0.28
175.	HONG KONG EXCHANGES & CLEAR	46,000	$968,615	0.26
176.	SHANDONG WEIGAO GP MEDICAL-H	650,000	$938,647	0.26
177.	PIGEON CORP	27,500	$903,896	0.25
178.	51JOB INC-ADR	15,500	$870,015	0.24
179.	BANCO COMERCIAL PORTUGUES-R	1,450,475	$862,396	0.24
180.	MANAPPURAM GEN FIN & LEASING	682,000	$861,392	0.23
181.	TULLOW OIL PLC	43,081	$857,371	0.23
182.	UNIBET GROUP PLC-SDR	39,000	$846,257	0.23
183.	INTRALOT S.A.-INTEGRATED LOT	384,900	$820,499	0.22
184.	MORI HILLS REIT INVESTMENT C - REIT	205	$750,135	0.20
185.	S. KUMARS NATIONWIDE LTD	599,100	$727,274	0.20
186.	ALLIANCE GRAIN TRADERS INC	26,900	$719,601	0.20
187.	MAIL.RU GROUP LTD-GDR 144A	21,400	$710,908	0.19
188.	HORIZON NORTH LOGISTICS INC	149,814	$695,906	0.19
189.	TAHOE RESOURCES INC	36,400	$679,350	0.19
190.	WASION GROUP HOLDINGS LTD	1,403,300	$660,592	0.18
191.	CENTRAL EURO DISTRIBUTION CP	58,230	$652,176	0.18
192.	HI-MEDIA SA	108,104	$647,447	0.18
193.	SOUTHERN ARC MINERALS INC	352,500	$632,303	0.17
194.	ORC SOFTWARE AB	47,300	$630,023	0.17
195.	DEETHREE EXPLORATION LTD LEGENDED SH	167,000	$623,360	0.17
196.	SHRIRAM TRANSPORT FINANCE	45,000	$622,255	0.17
197.	IDFC LTD	206,000	$606,889	0.17
198.	CANACOL ENERGY LTD LEGENDED SHARES	534,000	$586,904	0.16
199.	EVS BROADCAST EQUIPMENT S.A.	8,400	$568,621	0.16
200.	DUERR AG	14,000	$568,458	0.15
201.	DEUTSCHE BETEILIGUNGS AG	20,086	$566,533	0.15
202.	PAN ORIENT ENERGY CORP	95,096	$528,502	0.14
203.	SHAFTESBURY PLC	52,400	$444,044	0.12
204.	GULF UNITED ENERGY INC PIPE	1,333,000	$423,227	0.12
205.	SEEK LTD	60,000	$416,142	0.11
206.	WANT WANT CHINA HOLDINGS LTD	400,000	$388,897	0.11
207.	FLYBE GROUP PLC-W/I	125,100	$369,434	0.10
208.	GUYANA GOLDFIELDS INC 144A	50,000	$355,124	0.10
209.	POYRY OYJ	24,085	$344,728	0.09
210.	NOAH HOLDINGS LTD-SPON ADS	30,500	$342,820	0.09
211.	CREW ENERGY INC	21,100	$328,166	0.09
212.	PURECIRCLE LTD	218,348	$304,880	0.08
213.	STERLING RESOURCES LTD	175,000	$299,393	0.08
214.	DEETHREE EXPLORATION LTD	72,400	$270,247	0.07
215.	ZUOAN FASHION LTD-SPON ADR	44,600	$249,314	0.07
216.	UNITED BREWERIES LTD	20,700	$246,252	0.07
217.	MADALENA VENTURES INC	400,000	$236,404	0.06
218.	CELTIC EXPLORATION LTD	8,500	$187,987	0.05
219.	SINYI REALTY CO	86,760	$167,582	0.05
220.	ACE HARDWARE INDONESIA	400,100	$141,134	0.04
221.	EACOM TIMBER CORP	420,000	$134,999	0.04
222.	PAINTS & CHEMICAL INDUSTRIES	15,000	$96,454	0.03
	Other Assets less Liabilities		$2,034,503	0.55
Net Assets			$366,823,137	100.00

Full Holdings for quarter ending Q2 2011

Security		Shares/ Principal	Market Value	% of Net Assets
1.	COLUMBIA SHORT TERM CASH FUND	11,741,517.44	$11,741,517	3.10
2.	HEXAGON AB-B SHS	254,871	$6,905,092	1.82
3.	OLAM INTERNATIONAL LTD	2,035,600	$4,919,244	1.30
4.	MELCO CROWN ENTERTAINME-ADR	416,100	$4,668,642	1.23
5.	ZHAOJIN MINING INDUSTRY - H	1,919,012	$4,408,328	1.16
6.	LOCALIZA RENT A CAR	250,000	$4,138,805	1.09
7.	KANSAI PAINT CO LTD	450,600	$4,056,817	1.07
8.	NASPERS LTD-N SHS	65,138	$3,876,616	1.02
9.	INTERTEK GROUP PLC	115,000	$3,870,518	1.02
10.	FUGRO NV-CVA	45,371	$3,608,765	0.95
11.	CHEMRING GROUP PLC	323,474	$3,541,221	0.93
12.	ATWOOD OCEANICS INC	79,661	$3,452,507	0.91
13.	EUROFINS SCIENTIFIC	35,700	$3,444,750	0.91
14.	SIKA AG-BR	1,313	$3,346,772	0.88
15.	SIMPLO TECHNOLOGY CO LTD	418,800	$3,341,215	0.88
16.	SHAWCOR LTD-CLASS A	101,647	$3,284,891	0.87
17.	ASICS CORP	210,000	$3,278,511	0.87
18.	SUZANO PAPEL E CELULOSE SA	352,925	$3,236,776	0.85
19.	AALBERTS INDUSTRIES NV	136,586	$3,234,408	0.85
20.	RHEINMETALL AG	37,500	$3,226,101	0.85
21.	NEOPOST SA	36,000	$3,223,467	0.85
22.	UNIT 4 AGRESSO NV	85,850	$3,133,144	0.83
23.	TEN CATE NV	75,588	$3,129,561	0.83
24.	IMTECH NV	81,903	$3,079,263	0.81
25.	LIFESTYLE INTL HLDGS LTD	1,050,000	$3,066,306	0.81
26.	NOVOZYMES A/S-B SHARES	18,193	$3,058,917	0.81
27.	VOPAK	64,222	$3,049,920	0.81
28.	KUEHNE & NAGEL INTL AG-REG	19,271	$3,025,427	0.80
29.	GREE INC	131,800	$2,921,143	0.77
30.	ISRAEL CHEMICALS LTD	171,778	$2,800,641	0.74
31.	PARTNERS GROUP HOLDING AG	13,950	$2,739,623	0.72
32.	GEBERIT AG-REG	10,955	$2,642,095	0.70
33.	CCL INDUSTRIES INC - CL B	77,383	$2,633,346	0.70
34.	MR PRICE GROUP LTD	273,484	$2,574,933	0.68
35.	SWECO AB-B SHS	231,111	$2,546,491	0.67
36.	ADCOCK INGRAM HOLDINGS LTD	269,000	$2,439,044	0.64
37.	UGL LIMITED	147,513	$2,417,480	0.64
38.	WOONGJIN COWAY CO LTD	68,800	$2,417,219	0.64
39.	START TODAY CO LTD	112,845	$2,368,505	0.63
40.	CHINA YURUN FOOD GROUP LTD	726,200	$2,368,186	0.63
41.	SERCO GROUP PLC	249,000	$2,363,419	0.62
42.	COCHLEAR LIMITED	27,710	$2,363,021	0.62
43.	MILLS ESTRUTURAS E SERVICOS	174,500	$2,348,049	0.62
44.	SEVEN BANK LTD	1,248	$2,326,932	0.61
45.	NORTHAM PLATINUM LTD	343,700	$2,318,608	0.61
46.	ALEXION PHARMACEUTICALS INC	48,864	$2,317,130	0.61
47.	CDL HOSPITALITY TRUSTS	1,367,400	$2,306,360	0.61
48.	SAI GLOBAL LTD	433,761	$2,286,749	0.60
49.	JIANGSU EXPRESS CO LTD-H	2,182,000	$2,279,357	0.60
50.	GEMALTO	46,000	$2,255,716	0.60
51.	WIRECARD AG	126,041	$2,243,739	0.59
52.	MAPLETREE LOGISTICS TRUST	2,960,000	$2,196,121	0.58
53.	RHOEN-KLINIKUM AG	84,993	$2,138,037	0.56
54.	ASCENDAS REAL ESTATE INV TRT	1,279,549	$2,137,496	0.56
55.	MAPLETREE INDUSTRIAL TRUST	2,200,000	$2,087,139	0.55
56.	GRUPO AEROPORTUARIO SUR-ADR	34,478	$2,072,472	0.55
57.	GRUPO AEROPORTUARIO SUR-ADR	34,478	$2,072,472	0.55
58.	RATIONAL AG	7,993	$2,072,215	0.55
59.	NATURA COSMETICOS SA	77,300	$2,058,720	0.54
60.	ORIX JREIT INC	380	$2,057,666	0.54
61.	AEON DELIGHT CO LTD	109,738	$2,037,808	0.54
62.	RED ELECTRICA CORPORACION SA	33,677	$2,034,057	0.54
63.	RUBIS	16,300	$2,017,329	0.53
64.	UNITED DRUG PLC	618,652	$2,012,081	0.53
65.	WORLD FUEL SERVICES CORP	54,574	$1,996,316	0.53
66.	VOSSLOH AG	14,280	$1,973,654	0.52
67.	ADVANCE RESIDENCE INVESTMENT	953	$1,964,979	0.52
68.	BANK SARASIN & CIE AG-REG B	41,632	$1,947,610	0.51
69.	HOSHIZAKI ELECTRIC CO LTD	99,000	$1,936,824	0.51
70.	TOD'S SPA	14,900	$1,922,327	0.51
71.	NEW ORIENTAL EDUCATIO-SP ADR	16,550	$1,916,821	0.51
72.	SAFT GROUPE SA	53,700	$1,897,988	0.50
73.	BIOMARIN PHARMACEUTICAL INC	66,594	$1,879,948	0.50
74.	BAYTEX ENERGY CORP	32,695	$1,879,663	0.50
75.	MRV ENGENHARIA	202,100	$1,879,136	0.50
76.	ARCHIPELAGO RESOURCES PLC	1,869,380	$1,875,828	0.50
77.	ASAHI DIAMOND INDUSTRIAL CO	85,000	$1,863,175	0.49
78.	FAR EASTONE TELECOMM CO LTD	1,186,400	$1,843,858	0.49
79.	MERSEN (EX CARBON LORRAINE)	31,494	$1,842,379	0.49
80.	PRESIDENT CHAIN STORE CORP	319,200	$1,829,989	0.48
81.	HAMAMATSU PHOTONICS KK	44,254	$1,807,011	0.48
82.	TELEPERFORMANCE	52,800	$1,804,630	0.48
83.	JARDINE LLOYD THOMPSON GROUP	154,000	$1,765,709	0.47
84.	CREDITO EMILIANO SPA	256,297	$1,739,434	0.46
85.	SIMCORP A/S	9,275	$1,726,031	0.46
86.	SHANDONG WEIGAO GP MEDICAL-H	1,300,000	$1,724,008	0.46
87.	ANSALDO STS SPA	121,100	$1,713,994	0.45
88.	KURARAY CO LTD	113,200	$1,712,524	0.45
89.	KOMERCNI BANKA AS	7,168	$1,709,340	0.45
90.	FMC TECHNOLOGIES INC	38,267	$1,707,856	0.45
91.	JAIN IRRIGATION SYSTEMS LTD	456,240	$1,702,466	0.45
92.	HUTCHINSON PORT HOLDINGS TRST	1,800,000	$1,692,000	0.45
93.	STOCKMANN OYJ ABP-B SHARE	56,239	$1,684,226	0.44
94.	CHINA COMMUNICATIONS SERVI-H	2,617,000	$1,679,936	0.44
95.	KINTETSU WORLD EXPRESS INC	50,451	$1,665,967	0.44
96.	CTS EVENTIM	23,896	$1,664,757	0.44
97.	KAMIGUMI CO LTD	190,994	$1,635,002	0.43
98.	WACOM CO LTD	1,369	$1,630,506	0.43
99.	NAKANISHI INC	16,262	$1,629,441	0.43
100.	AG GROWTH INTERNATIONAL INC	32,100	$1,626,784	0.43
101.	ARCADIS NV	69,222	$1,626,751	0.43
102.	NHN CORP	9,100	$1,621,513	0.43
103.	PDG REALTY SA	260,000	$1,611,662	0.43
104.	USHIO INC	81,339	$1,607,498	0.42
105.	RMI HOLDINGS	867,600	$1,605,168	0.42
106.	AIN PHARMACIEZ INC	41,092	$1,599,529	0.42
107.	MUNDRA PORT AND SEZ LIMITED	446,000	$1,598,496	0.42
108.	MONGOLIAN MINING CORP	1,357,300	$1,589,140	0.42
109.	PIERRE & VACANCES	19,200	$1,547,319	0.41
110.	JUPITER TELECOMMUNICATIONS	1,428	$1,542,013	0.41
111.	WORKSPACE GROUP PLC	3,283,000	$1,539,151	0.41
112.	TSUMURA & CO	49,204	$1,537,525	0.41
113.	IBIDEN CO LTD	47,244	$1,535,505	0.41
114.	REXCAPITAL FINANCIAL HOLDING	14,984,326	$1,522,473	0.40
115.	PETER HAMBRO MINING PLC	117,500	$1,508,608	0.40
116.	NORBERT DENTRESSANGLE	13,300	$1,492,921	0.39
117.	REDES ENERGETICAS NACIONAIS	432,600	$1,466,738	0.39
118.	SINGAPORE EXCHANGE LTD	238,000	$1,451,645	0.38
119.	CORE LABORATORIES N.V.	14,084	$1,446,285	0.38
120.	CIR SPA	582,300	$1,438,824	0.38
121.	IVANHOE MINES LTD	56,842	$1,430,363	0.38
122.	ONEX CORPORATION	37,900	$1,424,306	0.38
123.	NIPPON SHEET GLASS CO LTD	427,000	$1,406,529	0.37
124.	DAISEKI CO LTD	70,229	$1,382,898	0.37
125.	FORMOSA INTERNATIONAL HOTELS	66,808	$1,373,024	0.36
126.	OSAKA SECURITIES EXCHANGE CO	318	$1,357,841	0.36
127.	SHIMADZU CORP	152,000	$1,351,284	0.36
128.	GEOX SPA	210,000	$1,337,585	0.35
129.	SHINSEI BANK LTD	1,261,400	$1,326,857	0.35
130.	GLOBEOP FINANCIAL SERVICES	188,000	$1,298,891	0.34
131.	HOME PRODUCT CENTER PCL-FOR	4,640,000	$1,294,005	0.34
132.	ASIAN PAINTS LTD	18,600	$1,293,643	0.34
133.	MAKITA CORP	30,285	$1,289,497	0.34
134.	MULTIPLUS SA	63,000	$1,287,751	0.34
135.	AEON MALL CO LTD	53,874	$1,285,862	0.34
136.	PADDY POWER PLC	25,042	$1,284,031	0.34
137.	IVANHOE MINES LTD	50,863	$1,282,256	0.34
138.	NEXT PLC ORD	34,000	$1,269,610	0.34
139.	QUIMICA Y MINERA CHIL-SP ADR	20,210	$1,264,539	0.33
140.	L OCCITANE INTERNATIONAL SA	481,000	$1,262,304	0.33
141.	GOODPACK LTD	749,000	$1,244,945	0.33
142.	SHRIRAM TRANSPORT FINANCE	79,700	$1,244,151	0.33
143.	SA SA INTERNATIONAL HLDGS	2,060,000	$1,242,905	0.33
144.	GLORY LTD	58,062	$1,230,525	0.32
145.	FUKUOKA REIT CORP	169	$1,222,245	0.32
146.	MAPLETREE COMMERCIAL TRUST	1,700,000	$1,212,956	0.32
147.	PREMIER OIL PLC	154,000	$1,207,623	0.32
148.	KESA ELECTRICALS PLC	490,000	$1,205,044	0.32
149.	ABCAM PLC	170,765	$1,193,860	0.32
150.	ROTORK PLC	42,000	$1,191,111	0.31
151.	OIL STATES INTERNATIONAL INC	15,000	$1,185,750	0.31
152.	EVERLIGHT ELECTRONICS CO LTD	428,410	$1,177,553	0.31
153.	TERNA SPA	239,100	$1,167,836	0.31
154.	USG PEOPLE NV	64,182	$1,166,099	0.31
155.	ST SHINE OPTICAL CO LTD	79,200	$1,160,815	0.31
156.	MEGASTUDY CO LTD	7,800	$1,150,663	0.30
157.	COBHAM PLC	308,000	$1,148,091	0.30
158.	BLACK DIAMOND GROUP LTD	37,288	$1,144,984	0.30
159.	BRISTOW GROUP INC	24,493	$1,125,453	0.30
160.	ENN ENERGY HOLDINGS LTD	321,200	$1,116,919	0.29
161.	CHINA STEEL CHEMICAL CORP	201,000	$1,114,074	0.29
162.	REI AGRO LTD	1,915,400	$1,084,309	0.29
163.	SMITH & NEPHEW PLC	97,353	$1,084,185	0.29
164.	ICOM INC	40,158	$1,077,136	0.28
165.	TEXTAINER GROUP HOLDINGS LTD	33,032	$1,065,942	0.28
166.	CORONATION FUND MANAGERS LTD	361,200	$1,043,697	0.28
167.	ARYZTA AG	19,058	$1,043,161	0.28
168.	IDFC LTD	330,000	$1,042,031	0.28
169.	SINTOKOGIO LTD	110,000	$1,039,383	0.27
170.	ELRINGKLINGER AG	29,900	$1,037,430	0.27
171.	HONG KONG EXCHANGES & CLEAR	46,000	$1,032,235	0.27
172.	JAPAN AIRPORT TERMINAL CO	97,472	$1,030,049	0.27
173.	TORISHIMA PUMP MFG CO LTD	71,363	$1,020,397	0.27
174.	MIURA CO LTD	36,650	$1,012,208	0.27
175.	KAKAKU.COM INC	153	$963,557	0.25
176.	BANCO COMERCIAL PORTUGUES-R	1,389,357	$961,722	0.25
177.	TAIWAN HON CHUAN ENTERPRISE	335,000	$960,345	0.25
178.	TULLOW OIL PLC	43,081	$954,594	0.25
179.	PIGEON CORP	27,500	$934,111	0.25
180.	S. KUMARS NATIONWIDE LTD	599,100	$910,995	0.24
181.	UNIBET GROUP PLC-SDR	39,000	$909,996	0.24
182.	INTRALOT S.A.-INTEGRATED LOT	384,900	$908,411	0.24
183.	WASION GROUP HOLDINGS LTD	1,700,000	$908,118	0.24
184.	51JOB INC-ADR	15,500	$885,205	0.23
185.	MANAPPURAM GEN FIN & LEASING	341,000	$846,049	0.22
186.	DEETHREE EXPLORATION LTD LEGENDED SH	167,000	$772,214	0.20
187.	MAIL.RU GROUP LTD-GDR 144A	21,400	$734,020	0.19
188.	CENTRAL EURO DISTRIBUTION CP	58,230	$731,368	0.19
189.	TAHOE RESOURCES INC	36,400	$716,841	0.19
190.	HORIZON NORTH LOGISTICS INC	149,814	$715,940	0.19
191.	MORI HILLS REIT INVESTMENT C - REIT	205	$709,909	0.19
192.	DUFRY GROUP-REG	5,300	$689,764	0.18
193.	CANACOL ENERGY LTD LEGENDED SHARES	534,000	$677,937	0.18
194.	ORC SOFTWARE AB	47,300	$607,397	0.16
195.	HI-MEDIA SA	108,104	$589,619	0.16
196.	SOUTHERN ARC MINERALS INC	352,500	$559,939	0.15
197.	DEUTSCHE BETEILIGUNGS AG	20,086	$557,881	0.15
198.	PAN ORIENT ENERGY CORP	95,096	$534,936	0.14
199.	GULF UNITED ENERGY INC PIPE	1,333,000	$513,205	0.14
200.	EVS BROADCAST EQUIPMENT S.A.	7,200	$486,991	0.13
201.	POYRY OYJ	28,785	$465,611	0.12
202.	SHAFTESBURY PLC	52,400	$464,176	0.12
203.	GUYANA GOLDFIELDS INC 144A	50,000	$448,469	0.12
204.	SEEK LTD	60,000	$436,815	0.12
205.	FLYBE GROUP PLC-W/I	125,100	$375,051	0.10
206.	PURECIRCLE LTD	218,348	$342,121	0.09
207.	STERLING RESOURCES LTD	175,000	$339,577	0.09
208.	DEETHREE EXPLORATION LTD	72,400	$334,780	0.09
209.	MADALENA VENTURES INC	400,000	$284,873	0.08
210.	ZUOAN FASHION LTD-SPON ADR	44,600	$264,924	0.07
211.	EMENTOR ASA	24,900	$263,582	0.07
212.	MGM CHINA HOLDINGS LTD	125,000	$261,175	0.07
213.	NOAH HOLDINGS LTD-SPON ADS	16,300	$209,292	0.06
214.	EACOM TIMBER CORP	420,000	$162,563	0.04
215.	SINYI REALTY CO	72,300	$152,100	0.04
216.	ACE HARDWARE INDONESIA	379,700	$118,418	0.03
217.	PAINTS & CHEMICAL INDUSTRIES	15,000	$98,336	0.03
218.	UNITED BREWERIES LTD	6,300	$78,580	0.02
219.	BANCO COMERCIAL PORTUGUES NPV	61,118	$42,306	0.01
220.	BANCO COMERCIAL PORTUGU-RTS	1,450,475	$22,961	0.01
221.	SUZANO PAPEL E CELULOSE SA-RTS	1,064	$53	0.00
	Other Assets less Liabilities		$-22,465	-0.01
Net Assets			$378,833,087	100.00

Full Holdings for quarter ending Q2 2011

Security		Shares/ Principal	Market Value	% of Net Assets
1.	COLUMBIA SHORT TERM CASH FUND	13,629,900.21	$13,629,900	3.48
2.	HEXAGON AB-B SHS	260,515	$6,768,919	1.73
3.	OLAM INTERNATIONAL LTD	2,081,500	$4,890,036	1.25
4.	MELCO CROWN ENTERTAINME-ADR	416,100	$4,468,914	1.14
5.	ZHAOJIN MINING INDUSTRY - H	959,506	$4,451,307	1.14
6.	LOCALIZA RENT A CAR	250,000	$4,298,563	1.10
7.	FUGRO NV-CVA	45,371	$4,161,774	1.06
8.	INTERTEK GROUP PLC	115,000	$4,085,368	1.04
9.	KANSAI PAINT CO LTD	450,600	$4,064,329	1.04
10.	NASPERS LTD-N SHS	65,138	$3,919,194	1.00
11.	EUROFINS SCIENTIFIC	35,700	$3,847,334	0.98
12.	SERCO GROUP PLC	395,000	$3,736,082	0.95
13.	SHAWCOR LTD-CLASS A	101,647	$3,637,655	0.93
14.	CHEMRING GROUP PLC	323,474	$3,628,293	0.93
15.	ATWOOD OCEANICS INC	79,661	$3,579,168	0.91
16.	SUZANO PAPEL E CELULOSE SA	352,925	$3,472,717	0.89
17.	UNIT 4 AGRESSO NV	92,550	$3,472,247	0.89
18.	NEOPOST SA	36,000	$3,434,964	0.88
19.	TEN CATE NV	73,699	$3,411,227	0.87
20.	AALBERTS INDUSTRIES NV	134,272	$3,396,819	0.87
21.	RHEINMETALL AG	37,500	$3,363,691	0.86
22.	SIKA AG-BR	1,313	$3,351,565	0.86
23.	VOPAK	69,186	$3,316,086	0.85
24.	NOVOZYMES A/S-B SHARES	18,193	$3,143,514	0.80
25.	IMTECH NV	81,903	$3,110,404	0.79
26.	KUEHNE & NAGEL INTL AG-REG	19,271	$3,078,904	0.79
27.	SIMPLO TECHNOLOGY CO LTD	451,200	$3,062,478	0.78
28.	ISRAEL CHEMICALS LTD	171,778	$3,048,874	0.78
29.	LIFESTYLE INTL HLDGS LTD	1,050,000	$3,008,583	0.77
30.	PARTNERS GROUP HOLDING AG	13,950	$2,962,560	0.76
31.	ADCOCK INGRAM HOLDINGS LTD	302,000	$2,806,092	0.72
32.	MR PRICE GROUP LTD	273,484	$2,799,409	0.72
33.	ASICS CORP	191,620	$2,771,170	0.71
34.	GREE INC	131,800	$2,714,206	0.69
35.	BAYTEX ENERGY CORP	43,695	$2,698,408	0.69
36.	CHINA YURUN FOOD GROUP LTD	726,200	$2,668,210	0.68
37.	ADVANCE RESIDENCE INVESTMENT	1,250	$2,618,038	0.67
38.	CCL INDUSTRIES INC - CL B	77,383	$2,588,566	0.66
39.	GEBERIT AG-REG	10,955	$2,564,609	0.66
40.	MILLS ESTRUTURAS E SERVICOS	187,200	$2,489,336	0.64
41.	UNITED DRUG PLC	719,852	$2,481,068	0.63
42.	SWECO AB-B SHS	231,111	$2,466,989	0.63
43.	SAFT GROUPE SA	53,700	$2,465,670	0.63
44.	COCHLEAR LIMITED	27,710	$2,449,875	0.63
45.	UGL LIMITED	147,513	$2,445,896	0.63
46.	WIRECARD AG	126,041	$2,406,377	0.61
47.	SAI GLOBAL LTD	433,761	$2,384,721	0.61
48.	RATIONAL AG	8,593	$2,375,592	0.61
49.	ALEXION PHARMACEUTICALS INC	24,432	$2,367,216	0.60
50.	SEVEN BANK LTD	1,248	$2,365,203	0.60
51.	JIANGSU EXPRESS CO LTD-H	2,182,000	$2,314,478	0.59
52.	RED ELECTRICA CORPORACION SA	36,136	$2,305,764	0.59
53.	WOONGJIN COWAY CO LTD	68,800	$2,299,279	0.59
54.	ASCENDAS REAL ESTATE INV TRT	1,372,649	$2,279,755	0.58
55.	NORTHAM PLATINUM LTD	343,700	$2,266,901	0.58
56.	CDL HOSPITALITY TRUSTS	1,367,400	$2,258,501	0.58
57.	MAPLETREE LOGISTICS TRUST	2,960,000	$2,189,851	0.56
58.	NATURA COSMETICOS SA	77,300	$2,169,333	0.55
59.	WORLD FUEL SERVICES CORP	54,574	$2,160,038	0.55
60.	MERSEN (EX CARBON LORRAINE)	35,108	$2,134,089	0.55
61.	AEON DELIGHT CO LTD	109,738	$2,103,461	0.54
62.	START TODAY CO LTD	120,000	$2,097,881	0.54
63.	ORIX JREIT INC	380	$2,074,464	0.53
64.	NEW ORIENTAL EDUCATIO-SP ADR	16,550	$2,062,792	0.53
65.	VOSSLOH AG	14,280	$2,052,898	0.52
66.	ARCHIPELAGO RESOURCES PLC	1,869,380	$2,047,800	0.52
67.	GRUPO AEROPORTUARIO SUR-ADR	34,478	$2,039,718	0.52
68.	TOD'S SPA	14,900	$2,022,636	0.52
69.	SHRIRAM TRANSPORT FINANCE	114,500	$2,009,019	0.51
70.	ANSALDO STS SPA	130,000	$2,008,291	0.51
71.	RUBIS	16,300	$2,003,848	0.51
72.	CTS EVENTIM	26,696	$2,000,763	0.51
73.	MAPLETREE INDUSTRIAL TRUST	2,200,000	$1,944,255	0.50
74.	BIOMARIN PHARMACEUTICAL INC	71,738	$1,929,034	0.49
75.	FMC TECHNOLOGIES INC	41,064	$1,908,654	0.49
76.	HOSHIZAKI ELECTRIC CO LTD	97,300	$1,891,477	0.48
77.	KOMERCNI BANKA AS	7,168	$1,890,348	0.48
78.	JAIN IRRIGATION SYSTEMS LTD	456,240	$1,889,906	0.48
79.	KINTETSU WORLD EXPRESS INC	55,651	$1,879,942	0.48
80.	STOCKMANN OYJ ABP-B SHARE	60,439	$1,854,838	0.47
81.	BANK SARASIN & CIE AG-REG B	41,632	$1,828,920	0.47
82.	WORKSPACE GROUP PLC	3,775,000	$1,828,615	0.47
83.	NHN CORP	9,100	$1,805,313	0.46
84.	ARCADIS NV	69,222	$1,787,066	0.46
85.	SHANDONG WEIGAO GP MEDICAL-H	650,000	$1,784,576	0.46
86.	ASAHI DIAMOND INDUSTRIAL CO	85,000	$1,768,111	0.45
87.	CREDITO EMILIANO SPA	256,297	$1,765,965	0.45
88.	MRV ENGENHARIA	202,100	$1,763,814	0.45
89.	PETER HAMBRO MINING PLC	117,500	$1,760,647	0.45
90.	KAMIGUMI CO LTD	205,394	$1,759,158	0.45
91.	WACOM CO LTD	1,369	$1,749,631	0.45
92.	PRESIDENT CHAIN STORE CORP	318,600	$1,749,017	0.45
93.	HAMAMATSU PHOTONICS KK	44,254	$1,741,323	0.44
94.	CHINA COMMUNICATIONS SERVI-H	2,809,000	$1,717,195	0.44
95.	MONGOLIAN MINING CORP	1,462,300	$1,716,875	0.44
96.	AIN PHARMACIEZ INC	44,092	$1,716,513	0.44
97.	PIERRE & VACANCES	19,200	$1,712,825	0.44
98.	NAKANISHI INC	16,262	$1,706,156	0.44
99.	IVANHOE MINES LTD	64,282	$1,685,606	0.43
100.	SIMCORP A/S	9,275	$1,685,492	0.43
101.	HUTCHINSON PORT HOLDINGS TRST	1,800,000	$1,656,000	0.42
102.	AG GROWTH INTERNATIONAL INC	32,100	$1,654,957	0.42
103.	KURARAY CO LTD	113,200	$1,649,041	0.42
104.	REDES ENERGETICAS NACIONAIS	432,600	$1,646,716	0.42
105.	OSAKA SECURITIES EXCHANGE CO	318	$1,624,211	0.42
106.	JARDINE LLOYD THOMPSON GROUP	137,000	$1,615,543	0.41
107.	IBIDEN CO LTD	47,244	$1,595,075	0.41
108.	NORBERT DENTRESSANGLE	13,300	$1,565,503	0.40
109.	GEMALTO	30,000	$1,537,656	0.39
110.	JUPITER TELECOMMUNICATIONS	1,428	$1,534,830	0.39
111.	USHIO INC	75,339	$1,534,014	0.39
112.	TSUMURA & CO	49,204	$1,530,430	0.39
113.	PDG REALTY SA	260,000	$1,530,383	0.39
114.	COBHAM PLC	400,000	$1,527,899	0.39
115.	CIR SPA	582,300	$1,526,578	0.39
116.	REXCAPITAL FINANCIAL HOLDING	14,984,326	$1,525,197	0.39
117.	TELEPERFORMANCE	39,800	$1,518,840	0.39
118.	SINGAPORE EXCHANGE LTD	238,000	$1,518,499	0.39
119.	RHOEN-KLINIKUM AG	65,993	$1,509,679	0.39
120.	DAISEKI CO LTD	70,229	$1,490,639	0.38
121.	GEOX SPA	210,000	$1,484,290	0.38
122.	SHINSEI BANK LTD	1,207,800	$1,452,468	0.37
123.	ONEX CORPORATION	37,900	$1,422,026	0.36
124.	MAKITA CORP	30,285	$1,392,529	0.36
125.	RMI HOLDINGS	761,600	$1,375,868	0.35
126.	INTRALOT S.A.-INTEGRATED LOT	384,900	$1,373,928	0.35
127.	GLOBEOP FINANCIAL SERVICES	188,000	$1,362,871	0.35
128.	PADDY POWER PLC	27,742	$1,355,150	0.35
129.	CORE LABORATORIES N.V.	14,084	$1,351,782	0.35
130.	HOME PRODUCT CENTER PCL-FOR	4,638,867	$1,339,043	0.34
131.	IVANHOE MINES LTD	50,863	$1,336,679	0.34
132.	TERNA SPA	264,200	$1,322,661	0.34
133.	SHIMADZU CORP	152,000	$1,320,553	0.34
134.	ASIAN PAINTS LTD	20,800	$1,306,763	0.33
135.	AEON MALL CO LTD	53,874	$1,295,686	0.33
136.	TEXTAINER GROUP HOLDINGS LTD	36,504	$1,294,431	0.33
137.	PREMIER OIL PLC	38,500	$1,293,996	0.33
138.	MULTIPLUS SA	63,000	$1,285,869	0.33
139.	GLORY LTD	58,062	$1,275,161	0.33
140.	NEXT PLC ORD	34,000	$1,273,886	0.33
141.	USG PEOPLE NV	64,182	$1,270,519	0.32
142.	NIPPON SHEET GLASS CO LTD	427,000	$1,257,353	0.32
143.	FUKUOKA REIT CORP	169	$1,254,566	0.32
144.	FORMOSA INTERNATIONAL HOTELS	66,808	$1,245,243	0.32
145.	ABCAM PLC	188,765	$1,241,507	0.32
146.	MUNDRA PORT AND SEZ LIMITED	378,100	$1,236,807	0.32
147.	SA SA INTERNATIONAL HLDGS	2,060,000	$1,235,857	0.32
148.	QUIMICA Y MINERA CHIL-SP ADR	20,210	$1,233,416	0.32
149.	EVERLIGHT ELECTRONICS CO LTD	428,410	$1,226,504	0.31
150.	GOODPACK LTD	749,000	$1,213,022	0.31
151.	IDFC LTD	366,600	$1,207,503	0.31
152.	ROTORK PLC	42,000	$1,206,900	0.31
153.	CHINA STEEL CHEMICAL CORP	194,000	$1,195,147	0.31
154.	ICOM INC	40,158	$1,190,218	0.30
155.	ELRINGKLINGER AG	33,100	$1,161,182	0.30
156.	JAPAN AIRPORT TERMINAL CO	89,472	$1,157,252	0.30
157.	L OCCITANE INTERNATIONAL SA	481,000	$1,153,162	0.29
158.	REI AGRO LTD	1,915,400	$1,148,312	0.29
159.	ST SHINE OPTICAL CO LTD	78,000	$1,144,882	0.29
160.	BRISTOW GROUP INC	24,493	$1,136,475	0.29
161.	BANCO COMERCIAL PORTUGUES-R	1,389,357	$1,109,179	0.28
162.	MEGASTUDY CO LTD	7,800	$1,107,943	0.28
163.	HOUSING DEVELOPMENT FINANCE	68,922	$1,102,569	0.28
164.	TORISHIMA PUMP MFG CO LTD	67,963	$1,086,657	0.28
165.	MAPLETREE COMMERCIAL TRUST	1,499,900	$1,078,315	0.28
166.	BLACK DIAMOND GROUP LTD	37,288	$1,077,476	0.28
167.	SMITH & NEPHEW PLC	97,353	$1,069,184	0.27
168.	FAR EASTONE TELECOMM CO LTD	700,600	$1,062,925	0.27
169.	HONG KONG EXCHANGES & CLEAR	46,000	$1,051,931	0.27
170.	ARYZTA AG	19,058	$1,047,249	0.27
171.	MIURA CO LTD	36,650	$1,041,309	0.27
172.	TULLOW OIL PLC	43,081	$1,033,651	0.26
173.	MANAPPURAM GEN FIN & LEASING	341,000	$1,026,476	0.26
174.	PIGEON CORP	27,500	$946,970	0.24
175.	TAIWAN HON CHUAN ENTERPRISE	322,000	$942,887	0.24
176.	POYRY OYJ	55,285	$941,681	0.24
177.	S. KUMARS NATIONWIDE LTD	599,100	$926,450	0.24
178.	WASION GROUP HOLDINGS LTD	1,700,000	$887,236	0.23
179.	KAKAKU.COM INC	153	$881,711	0.23
180.	51JOB INC-ADR	15,500	$867,845	0.22
181.	UNIBET GROUP PLC-SDR	39,000	$856,813	0.22
182.	SINTOKOGIO LTD	84,600	$846,479	0.22
183.	TAHOE RESOURCES INC	36,400	$827,911	0.21
184.	ORC SOFTWARE AB	47,300	$759,311	0.19
185.	HORIZON NORTH LOGISTICS INC	149,814	$744,201	0.19
186.	STERLING RESOURCES LTD	175,000	$726,893	0.19
187.	CORONATION FUND MANAGERS LTD	249,700	$722,665	0.18
188.	CANACOL ENERGY LTD LEGENDED SHARES	534,000	$722,422	0.18
189.	MORI HILLS REIT INVESTMENT C - REIT	205	$709,951	0.18
190.	DEETHREE EXPLORATION LTD LEGENDED SH	167,000	$690,133	0.18
191.	CENTRAL EURO DISTRIBUTION CP	58,230	$688,278	0.18
192.	HI-MEDIA SA	108,104	$662,889	0.17
193.	MAIL.RU GROUP LTD-GDR 144A	21,400	$656,980	0.17
194.	PAN ORIENT ENERGY CORP	95,096	$613,101	0.16
195.	DEUTSCHE BETEILIGUNGS AG	20,086	$589,950	0.15
196.	SOUTHERN ARC MINERALS INC	352,500	$580,079	0.15
197.	KESA ELECTRICALS PLC	252,800	$545,684	0.14
198.	GUYANA GOLDFIELDS INC 144A	50,000	$494,107	0.13
199.	FLYBE GROUP PLC-W/I	125,500	$481,098	0.12
200.	SEEK LTD	60,000	$459,018	0.12
201.	GULF UNITED ENERGY INC PIPE	1,333,000	$455,886	0.12
202.	SHAFTESBURY PLC	52,400	$450,401	0.12
203.	PURECIRCLE LTD	218,348	$374,343	0.10
204.	ZUOAN FASHION LTD-SPON ADR	46,500	$319,455	0.08
205.	MADALENA VENTURES INC	400,000	$304,391	0.08
206.	SURUGA BANK LTD	36,095	$301,273	0.08
207.	DEETHREE EXPLORATION LTD	72,400	$299,195	0.08
208.	NOAH HOLDINGS LTD-SPON ADS	16,300	$293,237	0.07
209.	EMENTOR ASA	24,900	$275,263	0.07
210.	EACOM TIMBER CORP	420,000	$190,878	0.05
211.	SINYI REALTY CO	72,300	$150,428	0.04
212.	EVS BROADCAST EQUIPMENT S.A.	2,000	$137,006	0.04
213.	PAINTS & CHEMICAL INDUSTRIES	15,000	$90,930	0.02
214.	BANCO COMERCIAL PORTUGU - RTS	1,389,357	$47,330	0.01
215.	ACE HARDWARE INDONESIA	97,600	$30,200	0.01
	Other Assets less Liabilities		$1,761,705	0.45
Net Assets			$391,323,737	100.00

Top 10 Holdings for month ending December 2011

Security		% of Net Assets
1.	ALLY FINANCIAL INC	1.84
2.	QWEST CORPORATION	1.52
3.	FORD MOTOR CREDIT COMPANY LLC	1.31
4.	HCA INC	1.28
5.	WIND ACQUISITION FINANCE SA	1.12
6.	SPRINT CAPITAL CORPORATION	1.10
7.	CUMULUS MEDIA INC TL 2ND LN 6.00	1.07
8.	CIT GROUP INC	1.07
9.	EL PASO CORP	1.06
10.	CHESAPEAKE ENERGY CORPORATION	0.94

Top 10 holdings are shown in descending order of value and exclude short-term holdings and cash.
The top 10 holdings represent 12.32 % of the Fund's net assets.

Full Holdings for quarter ending Q4 2011

Security		Shares/ Principal	Market Value	% of Net Assets
1.	ALLY FINANCIAL INC	5,363,000	$5,497,075	1.84
2.	QWEST CORPORATION	4,165,000	$4,539,850	1.52
3.	FORD MOTOR CREDIT COMPANY LLC	3,741,000	$3,898,612	1.31
4.	HCA INC	3,627,000	$3,826,485	1.28
5.	WIND ACQUISITION FINANCE SA	3,689,000	$3,329,322	1.12
6.	SPRINT CAPITAL CORPORATION	4,607,000	$3,288,246	1.10
7.	CUMULUS MEDIA INC TL 2ND LN 6.00	3,283,000	$3,188,613	1.07
8.	CIT GROUP INC	3,190,000	$3,186,012	1.07
9.	EL PASO CORP	2,899,000	$3,167,157	1.06
10.	CHESAPEAKE ENERGY CORPORATION	2,632,000	$2,809,660	0.94
11.	KRATOS DEFENSE & SECURITY SOLUTION	2,691,000	$2,758,275	0.93
12.	OCTAVIUS TOWER & PROJECT TLB 8.0	2,827,000	$2,682,823	0.90
13.	E*TRADE FINANCIAL CORP	2,372,000	$2,680,360	0.90
14.	SPRINT NEXTEL CORPORATION	2,495,000	$2,616,631	0.88
15.	CRICKET COMMUNICATIONS INC.	2,531,000	$2,613,257	0.88
16.	VANTAGE DRILLING CO	2,323,000	$2,511,743	0.84
17.	SINCLAIR TELEVISION GROUP INC	2,239,000	$2,440,510	0.82
18.	LYONDELLBASELL INDUSTRIES	2,285,000	$2,370,687	0.80
19.	BUILDING MATERIALS CORP OF AMERICA	2,155,000	$2,262,750	0.76
20.	QWEST CORPORATION	2,260,000	$2,260,675	0.76
21.	DISH DBS CORP	2,093,000	$2,255,207	0.76
22.	NXP BV/NXP FUNDING LLC	2,016,000	$2,207,520	0.74
23.	MGM RESORTS INTERNATIONAL	1,993,000	$2,207,247	0.74
24.	CASE NEW HOLLAND INC	1,947,000	$2,200,110	0.74
25.	CCO HOLDINGS LLC/CAP CORP	2,110,000	$2,199,675	0.74
26.	LAREDO PETROLEUM INC	2,060,000	$2,183,600	0.73
27.	INEOS FINANCE PLC	2,105,000	$2,136,575	0.72
28.	ADS TACTICAL INC	2,133,000	$2,133,000	0.72
29.	REYNOLDS GROUP	2,083,000	$2,119,452	0.71
30.	SPECTRUM BRANDS INC	1,915,000	$2,094,531	0.70
31.	CENTURYLINK INC	2,063,000	$2,066,800	0.69
32.	CONSOL ENERGY INC.	1,785,000	$1,972,425	0.66
33.	FMG RESOURCES (AUGUST 2006) PTY LT	1,937,000	$1,956,370	0.66
34.	UNIVISION COMMUNICATIONS INC	1,923,000	$1,951,845	0.65
35.	CA CABAZON BAND MISSION INDIANS	3,250,000	$1,950,000	0.65
36.	CEQUEL COMMUNICATIONS HLDG LLC	1,834,000	$1,944,040	0.65
37.	VANGUARD HEALTH SYSTEMS INC	1,940,000	$1,925,450	0.65
38.	AES CORPORATION	1,764,000	$1,900,710	0.64
39.	KODIAK OIL & GAS CORP	1,824,000	$1,890,120	0.63
40.	XM SATELLITE RADIO INC	1,783,000	$1,889,980	0.63
41.	ROC FINANCE LLC	1,793,000	$1,887,132	0.63
42.	WIRECO WORLDGROUP INC	1,840,000	$1,851,500	0.62
43.	AMC NETWORKS INC	1,679,000	$1,825,912	0.61
44.	CARRIZO OIL & GAS INC	1,777,000	$1,794,770	0.60
45.	INTERNATIONAL LEASE FINANCE CORP	1,670,000	$1,724,275	0.58
46.	INTERACTIVE DATA CORP	1,505,000	$1,647,975	0.55
47.	HCA INC	1,581,000	$1,640,287	0.55
48.	SEMINOLE TRIBE OF FLORIDA	1,660,000	$1,629,804	0.55
49.	NIELSEN FINANCE LLC	1,471,000	$1,588,680	0.53
50.	HCA INC	1,544,000	$1,578,740	0.53
51.	STARWOOD HOTELS & RESORTS	1,395,000	$1,576,350	0.53
52.	COTT BEVERAGES USA INC.	1,439,000	$1,552,321	0.52
53.	CDW LLC / CDW FINANCE CORP	1,535,000	$1,546,512	0.52
54.	HEXION FINANCE ESCROW LLC	1,642,000	$1,539,375	0.52
55.	ARCH COAL INC	1,491,000	$1,528,275	0.51
56.	VISTEON CORPORATION	1,563,000	$1,523,925	0.51
57.	CSC HOLDINGS INC	1,447,000	$1,522,967	0.51
58.	HEALTH MANAGEMENT ASSOCIATES INC	1,444,000	$1,501,760	0.50
59.	OSHKOSH CORP	1,443,000	$1,486,290	0.50
60.	INTELSAT JACKSON HOLDINGS LTD	1,405,000	$1,476,128	0.50
61.	PETROHAWK ENERGY CORP	1,307,000	$1,470,375	0.49
62.	UNITED RENTALS NA INC	1,400,000	$1,470,000	0.49
63.	CHESAPEAKE ENERGY CORPORATION	1,424,000	$1,463,160	0.49
64.	REGENCY ENERGY PARTNERS LP	1,389,000	$1,444,560	0.48
65.	CF INDUSTRIES HOLDINGS INC	1,260,000	$1,442,700	0.48
66.	LEAR CORPORATION	1,325,000	$1,431,000	0.48
67.	SALEM COMMUNICATIONS CORPORATION	1,340,000	$1,413,700	0.47
68.	NALCO COMPANY	1,220,000	$1,412,150	0.47
69.	CCO HOLDINGS LLC/CAP CORP	1,289,000	$1,411,455	0.47
70.	QUEBECOR MEDIA INC	1,340,000	$1,376,850	0.46
71.	SPRINGLEAF FINANCE CORP	1,896,000	$1,369,860	0.46
72.	HUNTINGTON INGALLS INDUSTRIES INC	1,370,000	$1,342,600	0.45
73.	SLM CORP	1,321,000	$1,334,210	0.45
74.	CONVATEC HEALTHCARE	1,494,000	$1,333,395	0.45
75.	GREEN FIELD ENERGY SERVICES INC	1,358,000	$1,317,260	0.44
76.	REYNOLDS GROUP	1,353,000	$1,312,410	0.44
77.	AMKOR TECHNOLOGY INC	1,363,000	$1,311,887	0.44
78.	CLEAR CHANNEL COMMUNICATIONS B	1,198,000	$1,293,840	0.43
79.	EL PASO CORPORATION	1,179,000	$1,291,005	0.43
80.	UNITED RENTALS NORTH AMERICA INC	1,320,000	$1,287,000	0.43
81.	FIRST DATA CORPORATION	1,260,000	$1,260,000	0.42
82.	CNH CAPITAL LLC	1,201,000	$1,237,030	0.42
83.	CALCIPAR SA	1,370,000	$1,233,000	0.41
84.	OASIS PETROLEUM INC	1,222,000	$1,212,835	0.41
85.	INVENTIV HEALTH INC	1,341,000	$1,206,900	0.40
86.	MARKWEST ENERGY PARTNERS LP	1,150,000	$1,201,750	0.40
87.	FRONTIER COMMUNICATIONS CORP	1,173,000	$1,200,858	0.40
88.	FMG RESOURCES (AUGUST 2006) PTY LT	1,180,000	$1,191,800	0.40
89.	QEP RESOURCES INC	1,105,000	$1,190,637	0.40
90.	MYLAN INC	1,134,000	$1,166,602	0.39
91.	CIT GROUP INC	1,135,000	$1,166,212	0.39
92.	JMC STEEL GROUP	1,193,000	$1,163,175	0.39
93.	INTELSAT JACKSON HLDGS SA	1,150,000	$1,162,937	0.39
94.	PEABODY ENERGY CORPORATION	1,124,000	$1,146,480	0.38
95.	OASIS PETROLEUM INC	1,094,000	$1,132,290	0.38
96.	COLUMBIA SHORT TERM CASH FUND	1,131,102.17	$1,131,102	0.38
97.	CASCADES INC	1,140,000	$1,128,600	0.38
98.	IGATE CORPORATION	1,077,000	$1,120,080	0.38
99.	CAPITAL ONE CAPITAL	1,115,000	$1,101,062	0.37
100.	IPALCO ENTERPRISES INC	1,025,000	$1,096,750	0.37
101.	SOUTHERN STAR CENT CORP	1,070,000	$1,088,725	0.37
102.	GRIFOLS INC	1,036,000	$1,087,800	0.36
103.	CALPINE CONSTRUCTION FINANCE CO LP	1,000,000	$1,080,000	0.36
104.	CONCHO RESOURCES INC	1,003,000	$1,076,971	0.36
105.	NEFF RENTAL LLC/NEFF FINANCE CORP	1,210,000	$1,070,850	0.36
106.	AMSTED INDUSTRIES INC	1,000,000	$1,061,250	0.36
107.	CARDTRONICS INC	970,000	$1,057,300	0.35
108.	QUEBECOR MEDIA INC	1,025,000	$1,053,187	0.35
109.	PAETEC HOLDING CORP	955,000	$1,050,500	0.35
110.	RANGE RESOURCES CORPORATION	945,000	$1,045,406	0.35
111.	HERTZ CORP	980,000	$1,024,100	0.34
112.	REYNOLDS GROUP	976,000	$1,019,920	0.34
113.	RAIN CII CARBON LLC	996,000	$1,018,410	0.34
114.	CHAPARRAL ENERGY INC	987,000	$999,337	0.34
115.	NORCRAFT COS/FINANCE	1,056,000	$984,720	0.33
116.	INTELSAT BERMUDA LTD PIK	1,012,000	$976,580	0.33
117.	EH HOLDING CORP	925,000	$971,250	0.33
118.	MEG ENERGY CORP	945,000	$966,262	0.32
119.	CONSOL ENERGY INC.	880,000	$963,600	0.32
120.	HUNTINGTON INGALLS INDUSTRIES INC	981,000	$961,380	0.32
121.	CPM HOLDINGS INC	902,000	$960,630	0.32
122.	GIBRALTAR INDUSTRIES INC	960,000	$960,000	0.32
123.	ALLY FINANCIAL INC	950,000	$959,500	0.32
124.	LEVEL 3 FINANCING INC	974,000	$959,390	0.32
125.	NOVELIS INC	891,000	$955,597	0.32
126.	POLYPORE INTERNATIONAL INC	920,000	$952,200	0.32
127.	AMC ENTERTAINMENT HOLDINGS INC	1,000,000	$950,000	0.32
128.	MULTIPLAN INC	909,000	$947,632	0.32
129.	SEALY MATTRESS COMPANY	949,000	$939,510	0.32
130.	NII CAPITAL CORP	941,000	$933,942	0.31
131.	CONTINENTAL RESOURCES INC	860,000	$932,025	0.31
132.	SPEEDWAY MOTORSPORTS INC	850,000	$926,500	0.31
133.	EMDEON INC	880,000	$920,700	0.31
134.	CHS/COMMUNITY HEALTH SYSTEMS INC	910,000	$919,100	0.31
135.	UNITED REFINING CO	982,000	$918,170	0.31
136.	UNIVISION COMMUNICATIONS INC	1,005,000	$914,550	0.31
137.	BELO CORPORATION	840,000	$909,300	0.31
138.	MANITOWOC COMPANY INC (THE)	850,000	$905,250	0.30
139.	NOVA CHEMICALS CORP	805,000	$887,512	0.30
140.	GOODRICH PETROLEUM CORPORATION	878,000	$878,000	0.29
141.	TUNICA-BILOXI GAMING AUTHORITY	876,000	$876,000	0.29
142.	E*TRADE FINANCIAL CORP	870,000	$874,350	0.29
143.	LEVEL 3 FINANCING INC	807,000	$855,420	0.29
144.	PAETEC HOLDING CORP	785,000	$847,800	0.28
145.	MANITOWOC COMPANY INC	795,000	$837,731	0.28
146.	DISH DBS CORP	734,000	$829,420	0.28
147.	HERTZ CORP	808,000	$821,130	0.28
148.	WIND ACQUISITION FINANCE SA	907,000	$811,765	0.27
149.	FIRST DATA CORPORATION	932,000	$810,840	0.27
150.	INSIGHT COMMUNICATIONS CO INC	705,000	$805,462	0.27
151.	FIRST DATA CORPORATION PIK	843,000	$804,011	0.27
152.	JM HUBER CORP	785,000	$802,662	0.27
153.	LEVEL 3 COMMUNICATIONS INC	750,000	$798,750	0.27
154.	SHEA HOMES FUNDING CORP	854,000	$798,490	0.27
155.	SLM CORPORATION	820,000	$797,432	0.27
156.	AMKOR TECHNOLOGY INC	777,000	$794,482	0.27
157.	INTERNATIONAL LEASE FINANCE CORP	785,000	$792,850	0.27
158.	WPX ENERGY INC	768,000	$786,240	0.26
159.	PEABODY ENERGY CORPORATION	749,000	$775,215	0.26
160.	SENECA GAMING CORP	790,000	$772,225	0.26
161.	RANGE RESOURCES CORPORATION	712,000	$770,740	0.26
162.	GOODMAN NETWORKS INC	803,000	$766,865	0.26
163.	ARCH COAL INC	740,000	$760,350	0.26
164.	SOUTHWESTERN ENERGY COMPANY	655,000	$754,887	0.25
165.	RITE AID CORPORATION	825,000	$752,812	0.25
166.	METROPCS WIRELESS INC.	740,000	$751,100	0.25
167.	INTERNATIONAL LEASE FINANCE CORP	810,000	$748,269	0.25
168.	FREESCALE SEMICONDUCTOR INC	700,000	$748,125	0.25
169.	ENERGY FUTURE HOLDINGS CORP	705,000	$740,250	0.25
170.	NATIONAL CINEMEDIA LLC	742,000	$735,507	0.25
171.	HARRAHS OPERATING CO INC	691,000	$733,323	0.25
172.	INTL LEASE FINANCE CORP	719,000	$727,345	0.24
173.	HANGER ORTHOPEDIC GROUP INC	708,000	$719,505	0.24
174.	COMMSCOPE INC	709,000	$709,000	0.24
175.	MGM RESORTS INTERNATIONAL	636,000	$699,600	0.23
176.	INTELSAT BERMUDA LTD	712,000	$687,080	0.23
177.	GENON ENERGY INC	673,000	$681,412	0.23
178.	UPCB FINANCE V LTD	672,000	$680,192	0.23
179.	WINDSTREAM CORP	630,000	$674,887	0.23
180.	AVIS BUDGET CAR RENTAL	657,000	$652,072	0.22
181.	XERIUM TECHNOLOGIES INC	715,000	$647,075	0.22
182.	LIMITED BRANDS INC	605,000	$641,300	0.22
183.	LLOYDS BANKING GROUP PLC	1,173,000	$633,420	0.21
184.	TENET HEALTHCARE CORPORATION	550,000	$617,375	0.21
185.	FMG RESOURCES (AUGUST 2006) PTY LT	622,000	$603,340	0.20
186.	KINETIC CONCEPTS INC	608,000	$595,840	0.20
187.	CAESARS ENTERTAINMENT OPERATING CO	745,000	$592,275	0.20
188.	VERSO PAPER HOLDINGS LLC	969,000	$591,090	0.20
189.	WP ROCKET MERGER SUB INC	623,000	$588,735	0.20
190.	CONCHO RESOURCES INC	537,000	$586,672	0.20
191.	MACDERMID INC	580,000	$578,550	0.19
192.	ALLISON TRANSMISSION INC	585,000	$573,300	0.19
193.	REGENCY ENERGY PARTNERS LP	525,000	$556,500	0.19
194.	NORTEK INC	647,000	$546,715	0.18
195.	WARNER CHILCOTT CO LLC	535,000	$546,368	0.18
196.	ALPHA NATURAL RESOURCES INC	563,000	$546,110	0.18
197.	NOVA CHEMICALS CORP	500,000	$545,000	0.18
198.	ALPHA NATURAL RESOURCES INC	563,000	$544,702	0.18
199.	BROCADE COMMUNICATIONS SYSTEMS	510,000	$543,150	0.18
200.	MOMENTIVE PERFORMANCE MATERIALS	505,000	$535,300	0.18
201.	RANGE RESOURCES CORPORATION	480,000	$535,200	0.18
202.	HEALTHSOUTH CORPORATION	530,000	$533,975	0.18
203.	REGENCY ENERGY PARTNERS	480,000	$528,000	0.18
204.	DOLPHIN SUBSIDIARY II INC	472,000	$502,680	0.17
205.	ARDAGH PACKAGING FINANCE	497,000	$501,970	0.17
206.	CRICKET COMMUNICATIONS INC	573,000	$501,375	0.17
207.	RSC EQUIPMENT RENTAL INC	485,000	$491,062	0.16
208.	AVIS BUDGET CAR RENTAL LLC	477,000	$490,117	0.16
209.	COTT BEVERAGES USA INC.	435,000	$469,800	0.16
210.	SM ENERGY COMPANY	453,000	$466,590	0.16
211.	INTERLINE BRANDS INC	448,000	$463,680	0.16
212.	ENDO PHARMACEUTICALS HOLDINGS INC	424,000	$451,030	0.15
213.	99 CENT ONLY STORES	446,000	$450,460	0.15
214.	MGM MIRAGE	470,000	$450,025	0.15
215.	RITE AID CORPORATION	400,000	$442,000	0.15
216.	QVC INC	406,000	$438,480	0.15
217.	LEVEL 3 FINANCING INC	416,000	$434,200	0.15
218.	FMG RESOURCES (AUGUST 2006) PTY LT	451,000	$431,832	0.14
219.	AMERICAN RENAL HOLDINGS	409,000	$429,450	0.14
220.	CLEAR CHANNEL COMMUNICATIONS INC	502,000	$422,935	0.14
221.	SPECTRUM BRANDS INC	384,000	$420,000	0.14
222.	LIFEPOINT HOSPITALS INC	401,000	$415,536	0.14
223.	EQUINIX INC	385,000	$408,100	0.14
224.	CHAPARRAL ENERGY INC	367,000	$396,360	0.13
225.	LEVEL 3 FINANCING INC	389,000	$395,807	0.13
226.	CENTRAL GARDEN & PET COMPANY	400,000	$393,000	0.13
227.	ROCK OHIO CAESARS LLC TL 7.00	392,000	$391,020	0.13
228.	CARRIZO OIL & GAS INC	385,000	$388,850	0.13
229.	DANA HOLDING CORP	377,000	$385,482	0.13
230.	TOMKINS LLC / TOMKINS INC	332,000	$368,105	0.12
231.	AES CORPORATION (THE)	331,000	$364,100	0.12
232.	LEAR CORPORATION	330,000	$359,700	0.12
233.	PETROHAWK ENERGY CORP	318,000	$349,800	0.12
234.	CDW LLC / CDW FINANCE CORP	325,000	$338,812	0.11
235.	STERIGENICS INTERNATIONAL INC	325,000	$333,937	0.11
236.	PHARMACEUTICAL PRODUCT DEV INC	318,000	$333,900	0.11
237.	COLUMBUS MCKINNON CORPORATION	319,000	$331,361	0.11
238.	CHRYSLER GROUP LLC	362,000	$330,325	0.11
239.	CINCINNATI BELL INC	322,000	$323,610	0.11
240.	INTEGRA TELECOM HOLDINGS INC	401,000	$322,805	0.11
241.	BURLINGTON COAT FACTORY WAREHOUSE	330,000	$322,575	0.11
242.	SALLY HOLDINGS LLC	310,000	$322,400	0.11
243.	CHRYSLER GROUP LLC	348,000	$315,810	0.11
244.	BERRY PETROLEUM COMPANY	305,000	$308,431	0.10
245.	OSHKOSH CORP	293,000	$304,720	0.10
246.	SEMINOLE TRIBE OF FLORIDA	310,000	$301,955	0.10
247.	RADNET MANAGEMENT INC	340,000	$299,200	0.10
248.	NUVEEN INVESTMENTS INC	300,000	$297,750	0.10
249.	DOLPHIN SUBSIDIARY II INC	275,000	$297,000	0.10
250.	OMNICARE INC	274,000	$294,207	0.10
251.	PENN NATIONAL GAMING INC	270,000	$293,625	0.10
252.	EDISON MISSION ENERGY	438,000	$284,700	0.10
253.	INTERFACE INC	265,000	$280,237	0.09
254.	AMGH MERGER SUB INC	272,000	$280,160	0.09
255.	BERRY PETROLEUM COMPANY	240,000	$271,500	0.09
256.	QVC INC	255,000	$269,981	0.09
257.	ARD FINANCE SA PIK	298,819	$259,972	0.09
258.	VAIL RESORTS INC	228,000	$232,560	0.08
259.	FRESENIUS MEDICAL CARE US FINANCE	222,000	$232,545	0.08
260.	AMERICAN RENAL HOLDINGS CO PIK	220,841	$224,705	0.08
261.	DARLING INTERNATIONAL INC	195,000	$216,450	0.07
262.	METROPCS WIRELESS INC	224,000	$208,880	0.07
263.	RR DONNELLEY & SONS CO	192,000	$186,240	0.06
264.	EL PASO CORPORATION	171,000	$186,092	0.06
265.	MGM MIRAGE	195,000	$185,250	0.06
266.	BILL BARRETT CORP	159,000	$166,155	0.06
267.	CONCHO RESOURCES INC	156,000	$163,020	0.05
268.	PINNACLE ENTERTAINMENT INC	145,000	$143,550	0.05
269.	BERRY PETROLEUM COMPANY	135,000	$140,400	0.05
270.	SPEEDWAY MOTORSPORTS INC	121,000	$122,210	0.04
271.	CONTINENTAL RESOURCES INC	111,000	$122,100	0.04
272.	COMSTOCK RESOURCES INC	116,000	$111,940	0.04
273.	HEALTHSOUTH CORP	110,000	$108,212	0.04
274.	AMERIGROUP CORP	103,000	$106,090	0.04
275.	NORTEK INC	103,000	$97,592	0.03
276.	VANGUARD HEALTH HOLDING CO II LLC	90,000	$86,400	0.03
277.	ANTERO RESOURCES FINANCE CORP	80,000	$82,000	0.03
278.	CF INDUSTRIES HOLDINGS INC	55,000	$64,900	0.02
279.	GREEN FIELD ENERGY SERVICES.	1,358	$62,468	0.02
280.	ANTERO RESOURCES FINANCE CORP	53,000	$57,240	0.02
281.	WHITING PETROLEUM CORP	54,000	$56,430	0.02
282.	LEUCADIA NATIONAL CORP	2,168	$49,300	0.02
283.	RANGE RESOURCES CORPORATION	13,000	$13,845	0.00
284.	EL PASO CORPORATION	11,000	$12,705	0.00
285.	SIMMONS HOLDCO TL 5.25	1,922,816.73	$4,807	0.00
286.	CONTINENTAL RESOURCES INC	4,000	$4,360	0.00
287.	CMP SUSQUEHANNA WT 3/26/2019	29,954	$299	0.00
288.	FAIRLANE MANAGEMENT CORP	50,004	$0	0.00
289.	SIX FLAGS INC 144A ESCROW CUSIP	950,000	$0	0.00
	Other Assets less Liabilities		$4,690,804	1.57
Net Assets			$298,030,645	100.00

Full Holdings for quarter ending Q4 2011

Security		Shares/ Principal	Market Value	% of Net Assets
1.	ALLY FINANCIAL INC	4,668,000	$4,603,815	1.57
2.	QWEST CORPORATION	4,165,000	$4,352,425	1.48
3.	FORD MOTOR CREDIT COMPANY LLC	3,741,000	$3,815,344	1.30
4.	HCA INC	3,627,000	$3,726,742	1.27
5.	CIT GROUP INC	3,190,000	$3,142,150	1.07
6.	EL PASO CORP	2,825,000	$3,051,000	1.04
7.	CUMULUS MEDIA INC TL 2ND LN 6.00	2,977,000	$2,783,495	0.95
8.	KRATOS DEFENSE & SECURITY SOLUTION	2,691,000	$2,711,182	0.92
9.	SPRINT CAPITAL CORPORATION	3,862,000	$2,693,745	0.92
10.	OCTAVIUS TOWER & PROJECT TLB 8.0	2,827,000	$2,667,981	0.91
11.	CRICKET COMMUNICATIONS INC.	2,531,000	$2,524,672	0.86
12.	SPRINT NEXTEL CORPORATION	2,495,000	$2,519,950	0.86
13.	CHESAPEAKE ENERGY CORPORATION	2,400,000	$2,496,000	0.85
14.	VANTAGE DRILLING CO	2,323,000	$2,491,417	0.85
15.	ING GROEP NV	3,705,000	$2,482,350	0.85
16.	SINCLAIR TELEVISION GROUP INC	2,239,000	$2,384,535	0.81
17.	LYONDELLBASELL INDUSTRIES	2,285,000	$2,330,700	0.79
18.	COLUMBIA SHORT TERM CASH FUND	2,267,362.48	$2,267,362	0.77
19.	QWEST CORPORATION	2,260,000	$2,260,000	0.77
20.	MGM RESORTS INTERNATIONAL	1,993,000	$2,162,405	0.74
21.	BUILDING MATERIALS CORP OF AMERICA	2,155,000	$2,144,225	0.73
22.	LAREDO PETROLEUM INC	2,060,000	$2,134,675	0.73
23.	CASE NEW HOLLAND INC	1,947,000	$2,131,965	0.73
24.	CCO HOLDINGS LLC/CAP CORP	2,110,000	$2,123,187	0.72
25.	WIND ACQUISITION FINANCE SA	2,437,000	$2,101,912	0.72
26.	NALCO COMPANY	1,880,000	$2,100,900	0.72
27.	INEOS FINANCE PLC	2,105,000	$2,089,212	0.71
28.	SPECTRUM BRANDS INC	1,915,000	$2,082,562	0.71
29.	ADS TACTICAL INC	2,133,000	$2,037,015	0.69
30.	REYNOLDS GROUP	2,083,000	$2,036,132	0.69
31.	CENTURYLINK INC	2,063,000	$1,989,154	0.68
32.	CONSOL ENERGY INC.	1,785,000	$1,918,875	0.65
33.	CA CABAZON BAND MISSION INDIANS	3,250,000	$1,885,000	0.64
34.	WIRECO WORLDGROUP INC	1,840,000	$1,876,800	0.64
35.	FMG RESOURCES (AUGUST 2006) PTY LT	1,937,000	$1,869,205	0.64
36.	CEQUEL COMMUNICATIONS HLDG LLC	1,834,000	$1,866,095	0.64
37.	KODIAK OIL & GAS CORP	1,824,000	$1,851,360	0.63
38.	VANGUARD HEALTH SYSTEMS INC	1,940,000	$1,843,000	0.63
39.	AES CORPORATION	1,764,000	$1,838,970	0.63
40.	WIND ACQUISITION FINANCE SA	2,159,000	$1,835,150	0.62
41.	UNIVISION COMMUNICATIONS INC	1,923,000	$1,822,042	0.62
42.	FRONTIER COMMUNICATIONS CORP	1,898,000	$1,803,100	0.61
43.	AMC NETWORKS INC	1,679,000	$1,775,542	0.60
44.	CARRIZO OIL & GAS INC	1,777,000	$1,763,672	0.60
45.	DISH DBS CORP	1,803,000	$1,757,925	0.60
46.	INTERNATIONAL LEASE FINANCE CORP	1,670,000	$1,690,875	0.58
47.	ROC FINANCE LLC	1,538,000	$1,614,900	0.55
48.	SEMINOLE TRIBE OF FLORIDA	1,660,000	$1,613,403	0.55
49.	INTERACTIVE DATA CORP	1,505,000	$1,610,350	0.55
50.	CASCADES INC	1,630,000	$1,585,175	0.54
51.	HCA INC	1,581,000	$1,573,095	0.54
52.	STARWOOD HOTELS & RESORTS	1,395,000	$1,565,887	0.53
53.	NIELSEN FINANCE LLC	1,471,000	$1,555,582	0.53
54.	COTT BEVERAGES USA INC.	1,439,000	$1,536,132	0.52
55.	HCA INC	1,544,000	$1,520,840	0.52
56.	UNITED RENTALS NA INC	1,400,000	$1,505,000	0.51
57.	VISTEON CORPORATION	1,563,000	$1,504,387	0.51
58.	HEXION FINANCE ESCROW LLC	1,642,000	$1,481,905	0.50
59.	E TRADE FINANCIAL CORP PIK	1,297,000	$1,465,610	0.50
60.	PETROHAWK ENERGY CORP	1,307,000	$1,463,840	0.50
61.	INTELSAT JACKSON HOLDINGS LTD	1,405,000	$1,461,200	0.50
62.	ARCH COAL INC	1,491,000	$1,461,180	0.50
63.	CDW ESCROW CORP	1,535,000	$1,454,412	0.50
64.	CSC HOLDINGS INC	1,447,000	$1,454,235	0.50
65.	HEALTH MANAGEMENT ASSOCIATES INC	1,444,000	$1,453,025	0.49
66.	OSHKOSH CORP	1,443,000	$1,450,215	0.49
67.	CF INDUSTRIES HOLDINGS INC	1,260,000	$1,444,275	0.49
68.	NXP BV/NXP FUNDING LLC	1,311,000	$1,438,822	0.49
69.	REGENCY ENERGY PARTNERS LP	1,389,000	$1,430,670	0.49
70.	CHESAPEAKE ENERGY CORPORATION	1,424,000	$1,427,560	0.49
71.	LEAR CORPORATION	1,325,000	$1,417,750	0.48
72.	SALEM COMMUNICATIONS CORPORATION	1,340,000	$1,400,300	0.48
73.	QUEBECOR MEDIA INC	1,340,000	$1,360,100	0.46
74.	CCO HOLDINGS LLC/CAP CORP	1,289,000	$1,353,450	0.46
75.	CONVATEC HEALTHCARE	1,494,000	$1,348,335	0.46
76.	HUNTINGTON INGALLS INDUSTRIES INC	1,370,000	$1,342,600	0.46
77.	UNITED RENTALS NORTH AMERICA INC	1,320,000	$1,300,200	0.44
78.	SLM CORP	1,321,000	$1,291,277	0.44
79.	SPRINGLEAF FINANCE CORP	1,896,000	$1,289,280	0.44
80.	INVENTIV HEALTH INC	1,341,000	$1,270,597	0.43
81.	CLEAR CHANNEL COMMUNICATIONS B	1,198,000	$1,260,895	0.43
82.	FIRST DATA CORPORATION	1,260,000	$1,260,000	0.43
83.	AMKOR TECHNOLOGY INC	1,363,000	$1,257,367	0.43
84.	REYNOLDS GROUP	1,353,000	$1,237,995	0.42
85.	CALCIPAR SA	1,370,000	$1,234,712	0.42
86.	CNH CAPITAL LLC	1,201,000	$1,197,997	0.41
87.	OASIS PETROLEUM INC	1,222,000	$1,188,395	0.40
88.	NOVELIS INC	1,120,000	$1,181,600	0.40
89.	QEP RESOURCES INC	1,105,000	$1,171,300	0.40
90.	MARKWEST ENERGY PARTNERS LP	1,150,000	$1,161,500	0.40
91.	FMG RESOURCES (AUGUST 2006) PTY LT	1,180,000	$1,147,550	0.39
92.	CIT GROUP INC	1,135,000	$1,140,675	0.39
93.	MYLAN INC	1,134,000	$1,131,165	0.39
94.	ATLANTIC POWER CORP	1,150,000	$1,129,919	0.38
95.	PEABODY ENERGY CORPORATION	1,124,000	$1,122,595	0.38
96.	JMC STEEL GROUP	1,193,000	$1,121,420	0.38
97.	OASIS PETROLEUM INC	1,094,000	$1,110,410	0.38
98.	IPALCO ENTERPRISES INC	1,025,000	$1,096,750	0.37
99.	INTELSAT JACKSON HLDGS SA	1,150,000	$1,092,500	0.37
100.	CAPITAL ONE CAPITAL	1,115,000	$1,091,306	0.37
101.	GREEN FIELD ENERGY SERVICES INC	1,070,000	$1,080,700	0.37
102.	SOUTHERN STAR CENT CORP	1,070,000	$1,080,700	0.37
103.	IGATE CORPORATION	1,077,000	$1,074,307	0.37
104.	NEFF RENTAL LLC/NEFF FINANCE CORP	1,210,000	$1,070,850	0.36
105.	GRIFOLS INC	1,036,000	$1,067,080	0.36
106.	CALPINE CONSTRUCTION FINANCE CO LP	1,000,000	$1,062,500	0.36
107.	SHEA HOMES FUNDING CORP	1,145,000	$1,047,675	0.36
108.	CARDTRONICS INC	970,000	$1,047,600	0.36
109.	AMSTED INDUSTRIES INC	1,000,000	$1,045,000	0.36
110.	CONCHO RESOURCES INC	1,003,000	$1,043,120	0.36
111.	QUEBECOR MEDIA INC	1,025,000	$1,040,375	0.35
112.	PAETEC HOLDING CORP	955,000	$1,033,787	0.35
113.	RANGE RESOURCES CORPORATION	945,000	$1,025,325	0.35
114.	VERSO PAPER HOLDINGS LLC	1,565,000	$1,017,250	0.35
115.	NORCRAFT COS/FINANCE	1,056,000	$1,011,120	0.34
116.	HERTZ CORP	980,000	$982,450	0.33
117.	REYNOLDS GROUP	976,000	$980,880	0.33
118.	CHAPARRAL ENERGY INC	987,000	$972,195	0.33
119.	HUNTINGTON INGALLS INDUSTRIES INC	981,000	$961,380	0.33
120.	CPM HOLDINGS INC	902,000	$959,502	0.33
121.	MEG ENERGY CORP	945,000	$949,725	0.32
122.	GIBRALTAR INDUSTRIES INC	960,000	$945,600	0.32
123.	POLYPORE INTERNATIONAL INC	920,000	$943,000	0.32
124.	CONSOL ENERGY INC.	880,000	$937,200	0.32
125.	RAIN CII CARBON LLC	960,000	$936,000	0.32
126.	SEALY MATTRESS COMPANY	949,000	$932,392	0.32
127.	INTELSAT BERMUDA LTD PIK	1,012,000	$928,510	0.32
128.	UNITED REFINING CO	982,000	$925,535	0.32
129.	SPEEDWAY MOTORSPORTS INC	850,000	$924,375	0.31
130.	FMG RESOURCES (AUGUST 2006) PTY LT	1,006,000	$923,005	0.31
131.	LEVEL 3 FINANCING INC	974,000	$920,430	0.31
132.	ALLY FINANCIAL INC	950,000	$917,937	0.31
133.	MULTIPLAN INC	909,000	$913,545	0.31
134.	EL PASO CORPORATION	834,000	$913,230	0.31
135.	SPRINT NEXTEL CORPORATION	960,000	$912,000	0.31
136.	AMC ENTERTAINMENT HOLDINGS INC	1,000,000	$910,000	0.31
137.	EH HOLDING CORP	925,000	$908,812	0.31
138.	EMDEON INC	880,000	$906,400	0.31
139.	BELO CORPORATION	840,000	$905,100	0.31
140.	CHS/COMMUNITY HEALTH SYSTEMS INC	910,000	$882,700	0.30
141.	TUNICA-BILOXI GAMING AUTHORITY	876,000	$880,380	0.30
142.	NOVA CHEMICALS CORP	805,000	$877,450	0.30
143.	MANITOWOC COMPANY INC (THE)	850,000	$871,250	0.30
144.	E*TRADE FINANCIAL CORP	870,000	$865,650	0.29
145.	GOODRICH PETROLEUM CORPORATION	878,000	$860,440	0.29
146.	PAETEC HOLDING CORP	785,000	$847,800	0.29
147.	UNIVISION COMMUNICATIONS INC	1,005,000	$844,200	0.29
148.	LEVEL 3 FINANCING INC	807,000	$827,175	0.28
149.	MANITOWOC COMPANY INC	795,000	$810,900	0.28
150.	INSIGHT COMMUNICATIONS CO INC	705,000	$800,175	0.27
151.	HERTZ CORP	808,000	$799,920	0.27
152.	JM HUBER CORP	785,000	$794,812	0.27
153.	CONTINENTAL RESOURCES INC	740,000	$791,800	0.27
154.	INTERNATIONAL LEASE FINANCE CORP	785,000	$781,075	0.27
155.	SLM CORPORATION	820,000	$779,712	0.27
156.	DISH DBS CORP	734,000	$778,040	0.26
157.	LEVEL 3 COMMUNICATIONS INC	750,000	$776,250	0.26
158.	AMKOR TECHNOLOGY INC	777,000	$773,115	0.26
159.	FIRST DATA CORPORATION	932,000	$768,900	0.26
160.	GOODMAN NETWORKS INC	803,000	$768,872	0.26
161.	FIRST DATA CORPORATION PIK	843,000	$767,130	0.26
162.	RANGE RESOURCES CORPORATION	712,000	$760,060	0.26
163.	SENECA GAMING CORP	790,000	$758,400	0.26
164.	CHRYSLER GROUP LLC	893,000	$756,817	0.26
165.	PEABODY ENERGY CORPORATION	749,000	$754,617	0.26
166.	WPX ENERGY INC	768,000	$754,560	0.26
167.	SOUTHWESTERN ENERGY COMPANY	655,000	$753,250	0.26
168.	NATIONAL CINEMEDIA LLC	742,000	$735,507	0.25
169.	FREESCALE SEMICONDUCTOR INC	700,000	$729,750	0.25
170.	ENERGY FUTURE HOLDINGS CORP	705,000	$722,625	0.25
171.	INTERNATIONAL LEASE FINANCE CORP	810,000	$720,328	0.25
172.	HARRAHS OPERATING CO INC	691,000	$718,640	0.24
173.	ARCH COAL INC	740,000	$715,950	0.24
174.	HANGER ORTHOPEDIC GROUP INC	708,000	$708,885	0.24
175.	METROPCS WIRELESS INC.	740,000	$706,700	0.24
176.	EURAMAX INTERNATIONAL INC	865,000	$694,162	0.24
177.	MGM RESORTS INTERNATIONAL	636,000	$685,290	0.23
178.	COMMSCOPE INC	709,000	$684,185	0.23
179.	GENON ENERGY INC	673,000	$679,730	0.23
180.	INTELSAT BERMUDA LTD	712,000	$653,260	0.22
181.	UPCB FINANCE LTD	672,000	$645,908	0.22
182.	WINDSTREAM CORP	630,000	$642,600	0.22
183.	AVIS BUDGET CAR RENTAL	657,000	$632,362	0.22
184.	LIMITED BRANDS INC	605,000	$630,712	0.21
185.	LLOYDS BANKING GROUP PLC	1,173,000	$621,690	0.21
186.	XERIUM TECHNOLOGIES INC	715,000	$614,900	0.21
187.	TENET HEALTHCARE CORPORATION	550,000	$599,500	0.20
188.	CINCINNATI BELL INC	610,000	$591,700	0.20
189.	WP ROCKET MERGER SUB INC	623,000	$585,620	0.20
190.	FMG RESOURCES (AUGUST 2006) PTY LT	622,000	$584,680	0.20
191.	CONCHO RESOURCES INC	537,000	$581,302	0.20
192.	CLEAR CHANNEL COMMUNICATIONS INC	692,000	$570,900	0.19
193.	ALLISON TRANSMISSION INC	585,000	$555,750	0.19
194.	MACDERMID INC	580,000	$555,350	0.19
195.	CAESARS ENTERTAINMENT OPERATING CO	745,000	$553,162	0.19
196.	SHINGLE SPRINGS TRIBAL GAMING AUTH	991,000	$550,005	0.19
197.	REGENCY ENERGY PARTNERS LP	525,000	$547,312	0.19
198.	BROCADE COMMUNICATIONS SYSTEMS	510,000	$540,600	0.18
199.	NOVA CHEMICALS CORP	500,000	$540,000	0.18
200.	ALPHA NATURAL RESOURCES INC	563,000	$537,665	0.18
201.	ALPHA NATURAL RESOURCES INC	563,000	$534,850	0.18
202.	RANGE RESOURCES CORPORATION	480,000	$532,800	0.18
203.	NORTEK INC	647,000	$532,157	0.18
204.	MOMENTIVE PERFORMANCE MATERIALS	505,000	$530,250	0.18
205.	REGENCY ENERGY PARTNERS	480,000	$525,600	0.18
206.	WARNER CHILCOTT CO LLC	535,000	$522,962	0.18
207.	HEALTHSOUTH CORPORATION	530,000	$520,725	0.18
208.	RR DONNELLEY & SONS CO	551,000	$517,940	0.18
209.	CUMULUS MEDIA INC	602,000	$517,720	0.18
210.	ARDAGH PACKAGING FINANCE	497,000	$504,455	0.17
211.	DOLPHIN SUBSIDIARY II INC	472,000	$489,700	0.17
212.	AE ESCROW CORPORATION	477,000	$477,000	0.16
213.	COTT BEVERAGES USA INC.	435,000	$465,450	0.16
214.	INTERLINE BRANDS INC	448,000	$461,440	0.16
215.	RSC EQUIPMENT RENTAL INC	485,000	$460,750	0.16
216.	SM ENERGY COMPANY	453,000	$453,000	0.15
217.	CRICKET COMMUNICATIONS INC	573,000	$449,805	0.15
218.	MGM MIRAGE	470,000	$448,262	0.15
219.	ENDO PHARMACEUTICALS HOLDINGS INC.	424,000	$435,660	0.15
220.	QVC INC	406,000	$432,390	0.15
221.	RITE AID CORPORATION	400,000	$432,000	0.15
222.	AMERICAN RENAL HOLDINGS	409,000	$421,270	0.14
223.	LEVEL 3 FINANCING INC	416,000	$420,160	0.14
224.	SPECTRUM BRANDS INC	384,000	$417,600	0.14
225.	COMSTOCK RESOURCES INC	426,000	$417,480	0.14
226.	DELPHI CORP	417,000	$417,000	0.14
227.	LIFEPOINT HOSPITALS INC	401,000	$409,020	0.14
228.	EQUINIX INC	385,000	$392,700	0.13
229.	CHAPARRAL ENERGY INC	367,000	$392,690	0.13
230.	ROCK OHIO CAESARS LLC TL 7.00	392,000	$392,000	0.13
231.	CENTRAL GARDEN & PET COMPANY	400,000	$388,000	0.13
232.	LEVEL 3 FINANCING INC	389,000	$387,055	0.13
233.	CARRIZO OIL & GAS INC	385,000	$379,225	0.13
234.	EL PASO CORPORATION	340,000	$373,983	0.13
235.	DANA HOLDING CORP	377,000	$373,230	0.13
236.	TOMKINS LLC / TOMKINS INC	332,000	$358,560	0.12
237.	AES CORPORATION (THE)	331,000	$355,825	0.12
238.	LEAR CORPORATION	330,000	$355,575	0.12
239.	INTEGRA TELECOM HOLDINGS INC	401,000	$354,885	0.12
240.	PETROHAWK ENERGY CORP	318,000	$348,210	0.12
241.	CDW LLC	325,000	$331,500	0.11
242.	STERIGENICS INTERNATIONAL INC	325,000	$329,062	0.11
243.	COLUMBUS MCKINNON CORPORATION	319,000	$322,190	0.11
244.	INTELSAT JACKSON HLDGS SA	330,000	$321,750	0.11
245.	PHARMACEUTICAL PRODUCT DEV INC	318,000	$319,590	0.11
246.	BURLINGTON COAT FACTORY WAREHOUSE	330,000	$317,625	0.11
247.	SALLY HOLDINGS LLC	310,000	$312,325	0.11
248.	RITE AID CORPORATION	355,000	$310,625	0.11
249.	CHRYSLER GROUP LLC	362,000	$308,605	0.11
250.	BERRY PETROLEUM COMPANY	305,000	$304,237	0.10
251.	RADNET MANAGEMENT INC	340,000	$300,900	0.10
252.	SEMINOLE TRIBE OF FLORIDA	310,000	$300,151	0.10
253.	OSHKOSH CORP	293,000	$295,197	0.10
254.	PENN NATIONAL GAMING INC	270,000	$290,250	0.10
255.	DOLPHIN SUBSIDIARY II INC	275,000	$289,437	0.10
256.	OMNICARE INC	274,000	$287,700	0.10
257.	NUVEEN INVESTMENTS INC	300,000	$286,500	0.10
258.	DELPHI CORP	278,000	$278,000	0.09
259.	INTERFACE INC	265,000	$275,600	0.09
260.	EDISON MISSION ENERGY	438,000	$274,845	0.09
261.	KINETIC CONCEPTS INC	283,000	$271,680	0.09
262.	BERRY PETROLEUM COMPANY	240,000	$271,200	0.09
263.	AMGH MERGER SUB INC	272,000	$269,280	0.09
264.	QVC INC	255,000	$265,200	0.09
265.	ARD FINANCE SA PIK	282,000	$248,160	0.08
266.	DANA HOLDING CORP	245,000	$242,550	0.08
267.	FRESENIUS MEDICAL CARE US FINANCE	222,000	$230,325	0.08
268.	VAIL RESORTS INC	228,000	$228,000	0.08
269.	AMERICAN RENAL HOLDINGS CO PIK	220,841	$220,288	0.07
270.	DARLING INTERNATIONAL INC	195,000	$214,500	0.07
271.	METROPCS WIRELESS INC	224,000	$195,440	0.07
272.	RR DONNELLEY & SONS CO	192,000	$179,520	0.06
273.	BILL BARRETT CORP	159,000	$164,167	0.06
274.	CONCHO RESOURCES INC	156,000	$159,120	0.05
275.	AMERICAN AXLE & MANUFACTURING INC	164,000	$157,030	0.05
276.	PINNACLE ENTERTAINMENT INC	145,000	$140,650	0.05
277.	BERRY PETROLEUM COMPANY	135,000	$139,050	0.05
278.	CONTINENTAL RESOURCES INC	111,000	$122,655	0.04
279.	SPEEDWAY MOTORSPORTS INC	121,000	$120,395	0.04
280.	HEALTHSOUTH CORP	110,000	$106,700	0.04
281.	AMERIGROUP CORP	103,000	$105,575	0.04
282.	NORTEK INC	103,000	$95,790	0.03
283.	VANGUARD HEALTH HOLDING CO II LLC	90,000	$83,925	0.03
284.	CF INDUSTRIES HOLDINGS INC	55,000	$64,762	0.02
285.	WHITING PETROLEUM CORP	54,000	$55,890	0.02
286.	ANTERO RESOURCES FINANCE CORP	51,000	$51,000	0.02
287.	LEUCADIA NATIONAL CORP	2,168	$50,774	0.02
288.	RANGE RESOURCES CORPORATION	13,000	$13,877	0.00
289.	SIMMONS HOLDCO TL 5.25	1,922,816.73	$4,807	0.00
290.	CONTINENTAL RESOURCES INC	4,000	$4,330	0.00
291.	CMP SUSQUEHANNA WT 3/26/2019	29,954	$299	0.00
292.	FAIRLANE MANAGEMENT CORP	50,004	$0	0.00
293.	SIX FLAGS INC 144A ESCROW CUSIP	950,000	$0	0.00
	Other Assets less Liabilities		$3,531,138	1.20
Net Assets			$293,759,816	100.00

Full Holdings for quarter ending Q4 2011

Security		Shares/ Principal	Market Value	% of Net Assets
1.	COLUMBIA SHORT TERM CASH FUND	38,397,545.95	$38,397,545	12.05
2.	ALLY FINANCIAL INC	4,398,000	$4,529,940	1.42
3.	QWEST CORPORATION	4,165,000	$4,425,312	1.39
4.	FORD MOTOR CREDIT COMPANY LLC	3,741,000	$3,986,020	1.25
5.	HCA INC	3,627,000	$3,885,423	1.22
6.	CIT GROUP INC	3,190,000	$3,182,025	1.00
7.	EL PASO CORP	2,825,000	$3,086,312	0.97
8.	ING GROEP NV	3,705,000	$2,936,212	0.92
9.	CUMULUS MEDIA INC TL 2ND LN 6.00	2,977,000	$2,887,690	0.91
10.	WIND ACQUISITION FINANCE SA	2,914,000	$2,884,860	0.91
11.	SPRINT CAPITAL CORPORATION	3,862,000	$2,819,260	0.88
12.	CLEAR CHANNEL COMMUNICATIONS B	2,578,000	$2,797,130	0.88
13.	KRATOS DEFENSE & SECURITY SOLUTION	2,691,000	$2,785,185	0.87
14.	OCTAVIUS TOWER & PROJECT TLB 8.0	2,827,000	$2,678,582	0.84
15.	CHESAPEAKE ENERGY CORPORATION	2,400,000	$2,592,000	0.81
16.	COMMUNITY HEALTH SYSTEMS INC	2,410,000	$2,467,237	0.77
17.	SINCLAIR TELEVISION GROUP INC	2,239,000	$2,434,912	0.76
18.	QWEST CORPORATION	2,260,000	$2,251,525	0.71
19.	BUILDING MATERIALS CORP OF AMERICA	2,155,000	$2,235,812	0.70
20.	CASE NEW HOLLAND INC.	1,947,000	$2,195,242	0.69
21.	CCO HOLDINGS LLC/CAP CORP	2,110,000	$2,189,125	0.69
22.	MGM RESORTS INTERNATIONAL	1,993,000	$2,187,317	0.69
23.	LAREDO PETROLEUM INC	2,060,000	$2,183,600	0.69
24.	FRONTIER COMMUNICATIONS CORP	2,025,000	$2,156,625	0.68
25.	INEOS FINANCE PLC	2,105,000	$2,152,362	0.68
26.	SPECTRUM BRANDS INC	1,915,000	$2,125,650	0.67
27.	REYNOLDS GROUP	2,083,000	$2,124,660	0.67
28.	NALCO COMPANY	1,880,000	$2,096,200	0.66
29.	ADS TACTICAL INC	2,030,000	$2,070,600	0.65
30.	CENTURYLINK INC	2,063,000	$2,066,472	0.65
31.	VANTAGE DRILLING CO	1,863,000	$2,030,670	0.64
32.	VANGUARD HEALTH SYSTEMS INC	1,940,000	$1,983,650	0.62
33.	CONSOL ENERGY INC.	1,785,000	$1,954,575	0.61
34.	INTERNATIONAL LEASE FINANCE CORP	1,850,000	$1,951,750	0.61
35.	FMG RESOURCES (AUGUST 2006) PTY LT	1,937,000	$1,944,263	0.61
36.	UNIVISION COMMUNICATIONS INC	1,923,000	$1,942,230	0.61
37.	DANA HOLDING CORP	1,904,000	$1,927,800	0.60
38.	CEQUEL COMMUNICATIONS HLDG LLC	1,834,000	$1,916,530	0.60
39.	AES CORPORATION	1,764,000	$1,887,480	0.59
40.	CA CABAZON BAND MISSION INDIANS	3,250,000	$1,885,000	0.59
41.	WIRECO WORLDGROUP INC	1,840,000	$1,858,400	0.58
42.	AMC NETWORKS INC	1,679,000	$1,821,715	0.57
43.	CARRIZO OIL & GAS INC	1,777,000	$1,803,655	0.57
44.	CINCINNATI BELL INC	1,690,000	$1,702,675	0.53
45.	HCA INC	1,581,000	$1,656,097	0.52
46.	ROC FINANCE LLC	1,538,000	$1,622,590	0.51
47.	NIELSEN FINANCE LLC	1,471,000	$1,621,777	0.51
48.	HEXION FINANCE ESCROW LLC	1,642,000	$1,621,475	0.51
49.	INTERACTIVE DATA CORP	1,505,000	$1,617,875	0.51
50.	SEMINOLE TRIBE OF FLORIDA	1,660,000	$1,603,460	0.50
51.	CASCADES INC	1,630,000	$1,597,400	0.50
52.	UNITED RENTALS NA INC	1,400,000	$1,582,000	0.50
53.	HCA INC	1,544,000	$1,574,880	0.49
54.	LYONDELL CHEMICAL CO	1,397,000	$1,571,625	0.49
55.	STARWOOD HOTELS & RESORTS	1,395,000	$1,548,450	0.49
56.	COTT BEVERAGES USA INC.	1,439,000	$1,546,925	0.49
57.	ARCH COAL INC	1,491,000	$1,532,002	0.48
58.	VISTEON CORPORATION	1,563,000	$1,523,925	0.48
59.	ARDAGH PACKAGING FINANCE	1,520,000	$1,512,400	0.47
60.	PETROHAWK ENERGY CORP	1,307,000	$1,496,515	0.47
61.	CHESAPEAKE ENERGY CORPORATION	1,424,000	$1,491,640	0.47
62.	CDW ESCROW CORP	1,535,000	$1,488,950	0.47
63.	OSHKOSH CORP	1,443,000	$1,486,290	0.47
64.	DISH DBS CORP	1,414,000	$1,459,955	0.46
65.	NXP BV/NXP FUNDING LLC	1,311,000	$1,448,655	0.45
66.	REGENCY ENERGY PARTNERS LP	1,389,000	$1,444,560	0.45
67.	SALEM COMMUNICATIONS CORPORATION	1,412,000	$1,440,240	0.45
68.	CONVATEC HEALTHCARE	1,494,000	$1,437,975	0.45
69.	CF INDUSTRIES HOLDINGS INC	1,260,000	$1,436,400	0.45
70.	SPRINGLEAF FINANCE CORP	1,896,000	$1,431,480	0.45
71.	LEAR CORPORATION	1,325,000	$1,431,000	0.45
72.	QVC INC	1,297,000	$1,413,730	0.44
73.	CCO HOLDINGS LLC/CAP CORP	1,289,000	$1,392,120	0.44
74.	HUNTINGTON INGALLS INDUSTRIES INC	1,370,000	$1,387,125	0.44
75.	QUEBECOR MEDIA INC	1,340,000	$1,383,550	0.43
76.	SLM CORP	1,321,000	$1,373,840	0.43
77.	UNITED RENTALS NORTH AMERICA INC	1,320,000	$1,369,500	0.43
78.	REYNOLDS GROUP	1,353,000	$1,353,000	0.42
79.	FIRST DATA CORPORATION	1,260,000	$1,335,600	0.42
80.	E TRADE FINANCIAL CORP PIK	1,150,000	$1,325,375	0.42
81.	AMKOR TECHNOLOGY INC	1,363,000	$1,308,480	0.41
82.	INVENTIV HEALTH INC	1,341,000	$1,300,770	0.41
83.	DISH DBS CORP	1,123,000	$1,232,492	0.39
84.	OASIS PETROLEUM INC	1,222,000	$1,228,110	0.39
85.	NOVELIS INC	1,120,000	$1,220,800	0.38
86.	FMG RESOURCES (AUGUST 2006) PTY LT	1,180,000	$1,209,500	0.38
87.	QEP RESOURCES INC	1,105,000	$1,193,400	0.37
88.	MYLAN INC	1,134,000	$1,190,700	0.37
89.	JMC STEEL GROUP	1,193,000	$1,181,070	0.37
90.	MARKWEST ENERGY PARTNERS LP	1,150,000	$1,175,875	0.37
91.	CIT GROUP INC	1,135,000	$1,157,700	0.36
92.	INTELSAT JACKSON HLDGS SA	1,150,000	$1,155,750	0.36
93.	OASIS PETROLEUM INC	1,094,000	$1,148,700	0.36
94.	VERSO PAPER HOLDINGS LLC	1,565,000	$1,126,800	0.35
95.	ATLANTIC POWER CORP	1,150,000	$1,124,608	0.35
96.	IPALCO ENTERPRISES INC	1,025,000	$1,122,375	0.35
97.	NEFF RENTAL LLC/NEFF FINANCE CORP	1,210,000	$1,089,000	0.34
98.	WIND ACQUISITION FINANCE SA	1,122,000	$1,088,340	0.34
99.	SOUTHERN STAR CENT CORP	1,070,000	$1,086,050	0.34
100.	CONCHO RESOURCES INC	1,003,000	$1,083,240	0.34
101.	GRIFOLS INC	1,036,000	$1,082,620	0.34
102.	CALCIPAR SA	1,164,000	$1,082,520	0.34
103.	CAPITAL ONE CAPITAL	1,115,000	$1,081,550	0.34
104.	IGATE CORPORATION	1,077,000	$1,077,000	0.34
105.	QUEBECOR MEDIA INC	1,025,000	$1,058,312	0.33
106.	AMSTED INDUSTRIES INC	1,000,000	$1,055,000	0.33
107.	PAETEC HOLDING CORP	955,000	$1,050,500	0.33
108.	RANGE RESOURCES CORPORATION	945,000	$1,048,950	0.33
109.	CRICKET COMMUNICATIONS INC.	1,000,000	$1,037,500	0.33
110.	ARCH COAL INC	994,000	$1,036,245	0.33
111.	SHEA HOMES FUNDING CORP	1,145,000	$1,036,225	0.33
112.	CARDTRONICS INC	970,000	$1,025,775	0.32
113.	HERTZ CORP	980,000	$1,021,650	0.32
114.	REYNOLDS GROUP	976,000	$1,019,920	0.32
115.	INTELSAT BERMUDA LTD PIK	1,012,000	$1,012,000	0.32
116.	CHAPARRAL ENERGY INC	987,000	$1,004,272	0.32
117.	LEVEL 3 FINANCING INC	975,000	$996,937	0.31
118.	HUNTINGTON INGALLS INDUSTRIES INC	981,000	$988,357	0.31
119.	MEG ENERGY CORP	945,000	$985,162	0.31
120.	AMC ENTERTAINMENT HOLDINGS INC	1,000,000	$970,000	0.30
121.	FMG RESOURCES (AUGUST 2006) PTY LT	1,006,000	$965,760	0.30
122.	CONSOL ENERGY INC.	880,000	$963,600	0.30
123.	CPM HOLDINGS INC	902,000	$960,630	0.30
124.	ALLY FINANCIAL INC	950,000	$959,500	0.30
125.	RAIN CII CARBON LLC	960,000	$955,200	0.30
126.	CLEAR CHANNEL COMMUNICATIONS INC	1,067,000	$949,630	0.30
127.	UNITED REFINING CO	982,000	$947,630	0.30
128.	SEALY MATTRESS COMPANY	949,000	$946,627	0.30
129.	POLYPORE INTERNATIONAL INC	920,000	$938,400	0.29
130.	MULTIPLAN INC	909,000	$936,270	0.29
131.	SHINGLE SPRINGS TRIBAL GAMING AUTH	1,757,000	$931,210	0.29
132.	EL PASO CORPORATION	834,000	$927,825	0.29
133.	EMDEON INC	880,000	$915,200	0.29
134.	SPEEDWAY MOTORSPORTS INC	850,000	$907,375	0.28
135.	BELO CORPORATION	840,000	$907,200	0.28
136.	NOVA CHEMICALS CORP	805,000	$905,625	0.28
137.	UNIVISION COMMUNICATIONS INC	1,005,000	$904,500	0.28
138.	MANITOWOC COMPANY INC (THE)	850,000	$896,750	0.28
139.	GOODRICH PETROLEUM CORPORATION	878,000	$895,560	0.28
140.	E*TRADE FINANCIAL CORP	870,000	$884,137	0.28
141.	AVIS BUDGET CAR RENTAL	884,000	$881,790	0.28
142.	FIRST DATA CORPORATION	932,000	$880,740	0.28
143.	TUNICA-BILOXI GAMING AUTHORITY	876,000	$880,380	0.28
144.	INTELSAT JACKSON HOLDINGS LTD	830,000	$875,650	0.27
145.	BRIGHAM EXPLORATION CO	735,000	$867,300	0.27
146.	TOYS R US	933,000	$858,360	0.27
147.	OMNICARE INC	797,000	$856,775	0.27
148.	LEVEL 3 FINANCING INC	807,000	$855,420	0.27
149.	PAETEC HOLDING CORP	785,000	$847,800	0.27
150.	HERTZ CORP	808,000	$830,220	0.26
151.	MANITOWOC COMPANY INC	795,000	$826,800	0.26
152.	SLM CORPORATION	820,000	$820,000	0.26
153.	FIRST DATA CORPORATION PIK	843,000	$817,710	0.26
154.	LEVEL 3 FINANCING INC	824,000	$815,760	0.26
155.	LEVEL 3 COMMUNICATIONS INC	750,000	$815,625	0.26
156.	CHRYSLER GROUP LLC	893,000	$812,630	0.25
157.	INTERNATIONAL LEASE FINANCE CORP	785,000	$812,475	0.25
158.	INSIGHT COMMUNICATIONS CO INC	705,000	$800,175	0.25
159.	CONTINENTAL RESOURCES INC	740,000	$799,200	0.25
160.	JM HUBER CORP	785,000	$792,850	0.25
161.	NATIONAL CINEMEDIA LLC	785,000	$792,850	0.25
162.	SENECA GAMING CORP	790,000	$786,050	0.25
163.	AMKOR TECHNOLOGY INC	777,000	$784,770	0.25
164.	GOODMAN NETWORKS INC	803,000	$762,850	0.24
165.	INTERNATIONAL LEASE FINANCE CORP	810,000	$762,468	0.24
166.	RANGE RESOURCES CORPORATION	712,000	$761,840	0.24
167.	EDISON MISSION ENERGY	1,088,000	$761,600	0.24
168.	SOUTHWESTERN ENERGY COMPANY	655,000	$759,800	0.24
169.	FREESCALE SEMICONDUCTOR INC	700,000	$757,750	0.24
170.	METROPCS WIRELESS INC.	740,000	$751,100	0.24
171.	LLOYDS BANKING GROUP PLC	1,173,000	$744,855	0.23
172.	HARRAHS OPERATING CO INC	691,000	$739,370	0.23
173.	EURAMAX INTERNATIONAL INC	865,000	$737,412	0.23
174.	ENERGY FUTURE HOLDINGS CORP	705,000	$736,725	0.23
175.	HANGER ORTHOPEDIC GROUP INC	708,000	$725,700	0.23
176.	CUMULUS MEDIA INC	780,000	$721,500	0.23
177.	INTELSAT BERMUDA LTD	712,000	$712,000	0.22
178.	GENON ENERGY INC	673,000	$710,015	0.22
179.	MGM RESORTS INTERNATIONAL	636,000	$691,650	0.22
180.	WINDSTREAM CORP	630,000	$674,100	0.21
181.	CAESARS ENTERTAINMENT OPERATING CO	745,000	$655,600	0.21
182.	LIMITED BRANDS INC	605,000	$635,250	0.20
183.	TENET HEALTHCARE CORPORATION	550,000	$621,500	0.20
184.	GIBRALTAR INDUSTRIES INC	620,000	$620,000	0.19
185.	XERIUM TECHNOLOGIES INC	715,000	$607,750	0.19
186.	WP ROCKET MERGER SUB INC	623,000	$607,425	0.19
187.	WARNER CHILCOTT CO LLC	580,000	$604,650	0.19
188.	FMG RESOURCES (AUGUST 2006) PTY LT	622,000	$603,340	0.19
189.	CONCHO RESOURCES INC	537,000	$585,330	0.18
190.	COMSTOCK RESOURCES INC	576,000	$584,640	0.18
191.	NORTEK INC	647,000	$574,212	0.18
192.	ALLISON TRANSMISSION INC	585,000	$564,525	0.18
193.	MACDERMID INC	580,000	$562,600	0.18
194.	ALPHA NATURAL RESOURCES INC	563,000	$561,592	0.18
195.	ALPHA NATURAL RESOURCES INC	563,000	$555,962	0.17
196.	REGENCY ENERGY PARTNERS LP	525,000	$555,187	0.17
197.	NORCRAFT COS/FINANCE	605,000	$555,087	0.17
198.	NOVA CHEMICALS CORP	500,000	$550,625	0.17
199.	RR DONNELLEY & SONS CO	551,000	$540,668	0.17
200.	MOMENTIVE PERFORMANCE MATERIALS	505,000	$535,300	0.17
201.	RANGE RESOURCES CORPORATION	480,000	$535,200	0.17
202.	REGENCY ENERGY PARTNERS	480,000	$532,800	0.17
203.	HEALTHSOUTH CORPORATION	530,000	$524,700	0.16
204.	ARDAGH PACKAGING FINANCE	497,000	$511,910	0.16
205.	DOLPHIN SUBSIDIARY II INC	472,000	$509,760	0.16
206.	VANTAGE DRILLING CO	460,000	$501,529	0.16
207.	AE ESCROW CORPORATION	477,000	$496,080	0.16
208.	RSC EQUIPMENT RENTAL INC	485,000	$492,275	0.15
209.	CRICKET COMMUNICATIONS INC	573,000	$484,185	0.15
210.	COTT BEVERAGES USA INC.	435,000	$464,362	0.15
211.	INTERLINE BRANDS INC	448,000	$456,960	0.14
212.	ENDO PHARMACEUTICALS HOLDINGS INC.	424,000	$456,860	0.14
213.	RR DONNELLEY & SONS CO	458,000	$446,550	0.14
214.	MGM MIRAGE	470,000	$446,500	0.14
215.	QVC INC	406,000	$441,525	0.14
216.	PETROHAWK ENERGY CORP	390,000	$440,700	0.14
217.	RITE AID CORPORATION	400,000	$439,500	0.14
218.	LEVEL 3 FINANCING INC	416,000	$434,720	0.14
219.	AMERICAN RENAL HOLDINGS	409,000	$427,405	0.13
220.	DELPHI CORP	417,000	$419,085	0.13
221.	LIFEPOINT HOSPITALS INC	401,000	$418,042	0.13
222.	EQUINIX INC	385,000	$408,100	0.13
223.	CENTRAL GARDEN & PET COMPANY	400,000	$401,000	0.13
224.	CHAPARRAL ENERGY INC	367,000	$398,195	0.12
225.	ROCK OHIO CAESARS LLC TL 7.00	392,000	$387,100	0.12
226.	EL PASO CORPORATION	340,000	$374,850	0.12
227.	AES CORPORATION (THE)	331,000	$363,272	0.11
228.	LEAR CORPORATION	330,000	$361,350	0.11
229.	PINAFORE LLC/ PINAFORE INC	332,000	$360,220	0.11
230.	DEAN FOODS CO	333,000	$357,142	0.11
231.	INTEGRA TELECOM HOLDINGS INC	401,000	$352,880	0.11
232.	CDW LLC	325,000	$334,750	0.11
233.	INTELSAT JACKSON HLDGS SA	330,000	$331,650	0.10
234.	STERIGENICS INTERNATIONAL INC	325,000	$331,500	0.10
235.	CHRYSLER GROUP LLC	362,000	$331,230	0.10
236.	EXCO RESOURCES INC	331,000	$327,690	0.10
237.	COLUMBUS MCKINNON CORPORATION	319,000	$326,975	0.10
238.	BURLINGTON COAT FACTORY WAREHOUSE	330,000	$326,700	0.10
239.	BILL BARRETT CORP	308,000	$325,710	0.10
240.	RITE AID CORPORATION	355,000	$323,050	0.10
241.	BERRY PETROLEUM COMPANY	305,000	$308,050	0.10
242.	OSHKOSH CORP	293,000	$301,057	0.09
243.	NUVEEN INVESTMENTS INC	300,000	$300,000	0.09
244.	SEMINOLE TRIBE OF FLORIDA	310,000	$299,181	0.09
245.	DOLPHIN SUBSIDIARY II INC	275,000	$294,937	0.09
246.	PENN NATIONAL GAMING INC	270,000	$291,600	0.09
247.	AMGH MERGER SUB INC	272,000	$287,640	0.09
248.	DELPHI CORP	278,000	$280,780	0.09
249.	INTERFACE INC	265,000	$277,587	0.09
250.	COMMSCOPE INC	278,000	$273,830	0.09
251.	BERRY PETROLEUM COMPANY	240,000	$271,800	0.09
252.	QVC INC	255,000	$269,025	0.08
253.	CHESAPEAKE OILFIELD OPERATING LLC	252,000	$259,245	0.08
254.	CHEMTURA CORP	237,000	$249,442	0.08
255.	DANA HOLDING CORP	245,000	$248,062	0.08
256.	ARD FINANCE SA PIK	282,000	$244,282	0.08
257.	FRESENIUS MEDICAL CARE US FINANCE	222,000	$233,100	0.07
258.	VAIL RESORTS INC	228,000	$227,430	0.07
259.	AMERICAN RENAL HOLDINGS CO PIK	220,841	$225,257	0.07
260.	DARLING INTERNATIONAL INC	195,000	$218,887	0.07
261.	METROPCS WIRELESS INC	224,000	$210,560	0.07
262.	CONCHO RESOURCES INC	156,000	$163,800	0.05
263.	RADNET MANAGEMENT INC	180,000	$162,000	0.05
264.	PINNACLE ENTERTAINMENT INC	145,000	$142,462	0.04
265.	BERRY PETROLEUM COMPANY	135,000	$140,062	0.04
266.	BRIGHAM EXPLORATION CO	122,000	$133,895	0.04
267.	SPEEDWAY MOTORSPORTS INC	121,000	$118,882	0.04
268.	AVIS BUDGET CAR RENTAL	110,000	$114,950	0.04
269.	HEALTHSOUTH CORP	110,000	$110,000	0.03
270.	NORTEK INC	103,000	$100,940	0.03
271.	VANGUARD HEALTH HOLDING CO II LLC	90,000	$89,100	0.03
272.	CF INDUSTRIES HOLDINGS INC	55,000	$63,800	0.02
273.	LEUCADIA NATIONAL CORP	2,168	$58,167	0.02
274.	ANTERO RESOURCES FINANCE CORP	51,000	$52,530	0.02
275.	RANGE RESOURCES CORPORATION	13,000	$14,007	0.00
276.	SIMMONS HOLDCO TL 5.25	1,922,816.73	$4,807	0.00
277.	CONTINENTAL RESOURCES INC	4,000	$4,340	0.00
278.	CMP SUSQUEHANNA WT 3/26/2019	29,954	$299	0.00
279.	FAIRLANE MANAGEMENT CORP	50,004	$0	0.00
280.	SIX FLAGS INC 144A ESCROW CUSIP	950,000	$0	0.00
	Other Assets less Liabilities		$-7,947,188	-2.49
Net Assets			$318,680,445	100.00

Full Holdings for quarter ending Q3 2011

Security		Shares/ Principal	Market Value	% of Net Assets
1.	COLUMBIA SHORT TERM CASH FUND	12,267,482.99	$12,267,482	4.30
2.	CIT GROUP INC	6,375,000	$6,183,750	2.17
3.	QWEST CORPORATION	4,165,000	$4,071,287	1.43
4.	ALLY FINANCIAL INC	4,398,000	$4,070,876	1.43
5.	FORD MOTOR CREDIT COMPANY LLC	3,741,000	$3,701,715	1.30
6.	HCA INC	3,627,000	$3,663,270	1.28
7.	CLEAR CHANNEL COMMUNICATIONS B	2,753,000	$2,814,942	0.99
8.	EL PASO CORP	2,518,000	$2,713,145	0.95
9.	KRATOS DEFENSE & SECURITY SOLUTION	2,691,000	$2,677,545	0.94
10.	WIND ACQUISITION FINANCE SA	2,914,000	$2,476,900	0.87
11.	CHESAPEAKE ENERGY CORPORATION	2,400,000	$2,472,000	0.87
12.	SINCLAIR TELEVISION GROUP INC	2,239,000	$2,328,560	0.82
13.	REYNOLDS GROUP	2,643,000	$2,325,840	0.81
14.	ING GROEP NV	3,135,000	$2,296,387	0.80
15.	QWEST CORPORATION	2,260,000	$2,229,105	0.78
16.	SPRINT CAPITAL CORPORATION	2,885,000	$2,156,537	0.76
17.	CASE NEW HOLLAND INC.	1,947,000	$2,073,555	0.73
18.	NALCO COMPANY	1,880,000	$2,058,600	0.72
19.	BUILDING MATERIALS CORP OF AMERICA	2,155,000	$2,047,250	0.72
20.	CCO HOLDINGS LLC/CAP CORP	2,110,000	$2,046,700	0.72
21.	SPECTRUM BRANDS INC	1,915,000	$2,039,475	0.71
22.	SPRINT NEXTEL CORPORATION	2,187,000	$2,033,910	0.71
23.	XM SATELLITE RADIO INC	2,041,000	$2,020,590	0.71
24.	ADS TACTICAL INC	2,030,000	$1,984,325	0.70
25.	FRONTIER COMMUNICATIONS CORP	2,025,000	$1,964,250	0.69
26.	REYNOLDS GROUP	2,083,000	$1,937,190	0.68
27.	VANTAGE DRILLING CO	1,863,000	$1,918,890	0.67
28.	CENTURYLINK INC	2,063,000	$1,911,608	0.67
29.	CA CABAZON BAND MISSION INDIANS	3,250,000	$1,885,000	0.66
30.	CONSOL ENERGY INC.	1,785,000	$1,878,712	0.66
31.	LAREDO PETROLEUM INC	1,788,000	$1,877,400	0.66
32.	WIRECO WORLDGROUP INC	1,840,000	$1,858,400	0.65
33.	INTERNATIONAL LEASE FINANCE CORP	1,850,000	$1,854,625	0.65
34.	DANA HOLDING CORP	1,904,000	$1,832,600	0.64
35.	FMG RESOURCES (AUGUST 2006) PTY LT	1,937,000	$1,830,465	0.64
36.	CEQUEL COMMUNICATIONS HLDG LLC	1,834,000	$1,815,660	0.64
37.	VANGUARD HEALTH SYSTEMS INC	1,940,000	$1,779,950	0.62
38.	UNIVISION COMMUNICATIONS INC	1,923,000	$1,769,160	0.62
39.	AMC NETWORKS INC	1,679,000	$1,720,975	0.60
40.	AES CORPORATION	1,764,000	$1,666,980	0.58
41.	SEMINOLE TRIBE OF FLORIDA	1,660,000	$1,651,700	0.58
42.	CINCINNATI BELL INC	1,690,000	$1,639,300	0.57
43.	SBA TELECOMMUNICATIONS INC	1,552,000	$1,629,600	0.57
44.	INTERACTIVE DATA CORP	1,505,000	$1,617,875	0.57
45.	CARRIZO OIL & GAS INC	1,649,000	$1,616,020	0.57
46.	ROC FINANCE LLC	1,538,000	$1,553,380	0.54
47.	CASCADES INC	1,630,000	$1,548,500	0.54
48.	HCA INC	1,581,000	$1,545,427	0.54
49.	LBI ESCROW CORP	1,397,000	$1,505,267	0.53
50.	NIELSEN FINANCE LLC	1,471,000	$1,500,420	0.53
51.	MGM RESORTS INTERNATIONAL	1,453,000	$1,496,590	0.52
52.	STARWOOD HOTELS & RESORTS	1,395,000	$1,496,137	0.52
53.	PETROHAWK ENERGY CORP	1,307,000	$1,493,247	0.52
54.	VISTEON CORPORATION	1,563,000	$1,457,497	0.51
55.	UNITED RENTALS NA INC	1,400,000	$1,449,000	0.51
56.	CHESAPEAKE ENERGY CORPORATION	1,424,000	$1,434,680	0.50
57.	HCA INC	1,544,000	$1,424,340	0.50
58.	ARCH COAL INC	1,491,000	$1,416,450	0.50
59.	SALEM COMMUNICATIONS CORPORATION	1,412,000	$1,412,000	0.49
60.	ENERGY FUTURE HOLDINGS CORP	1,450,000	$1,406,500	0.49
61.	QVC INC	1,297,000	$1,404,002	0.49
62.	CF INDUSTRIES HOLDINGS INC	1,260,000	$1,401,750	0.49
63.	OSHKOSH CORP	1,443,000	$1,399,710	0.49
64.	REGENCY ENERGY PARTNERS LP	1,389,000	$1,395,945	0.49
65.	LEAR CORPORATION	1,325,000	$1,394,562	0.49
66.	COMMUNITY HEALTH SYSTEMS INC	1,395,000	$1,370,587	0.48
67.	ARDAGH PACKAGING FINANCE	1,520,000	$1,368,000	0.48
68.	HEXION FINANCE ESCROW LLC	1,642,000	$1,354,650	0.47
69.	DISH DBS CORP	1,414,000	$1,350,370	0.47
70.	CCO HOLDINGS LLC/CAP CORP	1,289,000	$1,347,005	0.47
71.	QUEBECOR MEDIA INC	1,340,000	$1,336,650	0.47
72.	SPRINGLEAF FINANCE CORP	1,896,000	$1,331,940	0.47
73.	CDW ESCROW CORP	1,535,000	$1,327,775	0.47
74.	CONVATEC HEALTHCARE	1,494,000	$1,314,720	0.46
75.	SLM CORP	1,321,000	$1,304,087	0.46
76.	E TRADE FINANCIAL CORP PIK	1,150,000	$1,296,625	0.45
77.	CLEAN HARBORS INC	1,222,000	$1,273,935	0.45
78.	HUNTINGTON INGALLS INDUSTRIES INC	1,370,000	$1,270,675	0.45
79.	AMKOR TECHNOLOGY INC	1,363,000	$1,260,775	0.44
80.	UNITED RENTALS NORTH AMERICA INC	1,320,000	$1,211,100	0.42
81.	FIRST DATA CORPORATION	1,260,000	$1,184,400	0.42
82.	INVENTIV HEALTH INC	1,341,000	$1,183,432	0.41
83.	OIL STATES INTERNATIONAL INC	1,202,000	$1,174,955	0.41
84.	CLEAR CHANNEL COMMUNICATIONS INC	1,562,000	$1,159,785	0.41
85.	QEP RESOURCES INC	1,105,000	$1,154,725	0.40
86.	DISH DBS CORP	1,123,000	$1,145,460	0.40
87.	MYLAN INC	1,134,000	$1,102,815	0.39
88.	CIT GROUP INC	1,135,000	$1,098,112	0.38
89.	NOVELIS INC	1,120,000	$1,097,600	0.38
90.	VERSO PAPER HOLDINGS LLC	1,565,000	$1,079,850	0.38
91.	IPALCO ENTERPRISES INC	1,025,000	$1,073,687	0.38
92.	INTELSAT JACKSON HLDGS SA	1,150,000	$1,069,500	0.37
93.	CAPITAL ONE CAPITAL	1,115,000	$1,064,825	0.37
94.	NEFF RENTAL LLC/NEFF FINANCE CORP	1,210,000	$1,064,800	0.37
95.	NXP BV/NXP FUNDING LLC	1,034,000	$1,059,850	0.37
96.	SOUTHERN STAR CENT CORP	1,070,000	$1,059,300	0.37
97.	GRIFOLS INC	1,036,000	$1,036,000	0.36
98.	AMSTED INDUSTRIES INC	1,000,000	$1,032,500	0.36
99.	SHINGLE SPRINGS TRIBAL GAMING AUTH	1,757,000	$1,027,845	0.36
100.	QUEBECOR MEDIA INC	1,025,000	$1,025,000	0.36
101.	INTERNATIONAL LEASE FINANCE CORP	1,019,000	$1,024,095	0.36
102.	OASIS PETROLEUM INC	1,040,000	$1,016,600	0.36
103.	TRANSDIGM INC	999,000	$1,016,482	0.36
104.	ALLY FINANCIAL INC	1,165,000	$1,014,843	0.36
105.	IGATE CORPORATION	1,077,000	$1,012,380	0.35
106.	CARDTRONICS INC	970,000	$1,008,800	0.35
107.	CALCIPAR SA	1,164,000	$1,006,860	0.35
108.	RANGE RESOURCES CORPORATION	945,000	$1,006,425	0.35
109.	CRICKET COMMUNICATIONS INC.	1,000,000	$1,003,750	0.35
110.	PAETEC HOLDING CORP	955,000	$1,000,362	0.35
111.	CONCHO RESOURCES INC	1,003,000	$997,985	0.35
112.	EDISON MISSION ENERGY	1,624,000	$966,280	0.34
113.	ARCH COAL INC	994,000	$964,180	0.34
114.	CPM HOLDINGS INC	902,000	$956,120	0.34
115.	WIND ACQUISITION FINANCE SA	1,122,000	$953,700	0.33
116.	E*TRADE FINANCIAL CORP	953,000	$950,617	0.33
117.	RAIN CII CARBON LLC	960,000	$950,400	0.33
118.	REYNOLDS GROUP	976,000	$941,840	0.33
119.	SHEA HOMES FUNDING CORP	1,145,000	$938,900	0.33
120.	HERTZ CORP	980,000	$935,900	0.33
121.	POLYPORE INTERNATIONAL INC	920,000	$924,600	0.32
122.	UNITED REFINING CO	982,000	$923,080	0.32
123.	CONSOL ENERGY INC.	880,000	$919,600	0.32
124.	HUNTINGTON INGALLS INDUSTRIES INC	981,000	$912,330	0.32
125.	AMC ENTERTAINMENT HOLDINGS INC	1,000,000	$905,000	0.32
126.	MEG ENERGY CORP	945,000	$904,837	0.32
127.	CHAPARRAL ENERGY INC	987,000	$900,637	0.32
128.	LEVEL 3 FINANCING INC	975,000	$898,218	0.31
129.	MULTIPLAN INC	909,000	$897,637	0.31
130.	SPEEDWAY MOTORSPORTS INC	850,000	$896,750	0.31
131.	BELO CORPORATION	840,000	$886,200	0.31
132.	FMG RESOURCES (AUGUST 2006) PTY LT	1,006,000	$885,280	0.31
133.	TUNICA-BILOXI GAMING AUTHORITY	876,000	$880,380	0.31
134.	EL PASO CORPORATION	787,000	$879,472	0.31
135.	NOVA CHEMICALS CORP	805,000	$871,412	0.31
136.	INTELSAT BERMUDA LTD PIK	1,012,000	$870,320	0.30
137.	ALLY FINANCIAL INC	950,000	$859,750	0.30
138.	CUMULUS MEDIA INC TL 2ND LN 6.00	911,000	$858,617	0.30
139.	E*TRADE FINANCIAL CORP	870,000	$843,900	0.30
140.	MANITOWOC COMPANY INC (THE)	850,000	$828,750	0.29
141.	PAETEC HOLDING CORP	785,000	$824,250	0.29
142.	JMC STEEL GROUP	869,000	$816,860	0.29
143.	OMNICARE INC	797,000	$812,940	0.28
144.	CALPINE CORP	840,000	$810,600	0.28
145.	AVIS BUDGET CAR RENTAL	884,000	$808,860	0.28
146.	SLM CORPORATION	820,000	$804,857	0.28
147.	INSIGHT COMMUNICATIONS CO INC	705,000	$803,700	0.28
148.	TOYS R US	933,000	$793,050	0.28
149.	AVIS BUDGET GROUP TLB 5.00	794,000	$788,704	0.28
150.	BRIGHAM EXPLORATION CO	735,000	$786,450	0.28
151.	OCTAVIUS TOWER & PROJECT TLB 8.0	827,000	$781,928	0.27
152.	UNIVISION COMMUNICATIONS INC	1,005,000	$778,875	0.27
153.	NATIONAL CINEMEDIA LLC	785,000	$777,150	0.27
154.	LEVEL 3 FINANCING INC	807,000	$774,720	0.27
155.	INTERNATIONAL LEASE FINANCE CORP	785,000	$769,300	0.27
156.	SENECA GAMING CORP	790,000	$760,375	0.27
157.	GOODMAN NETWORKS INC	803,000	$754,820	0.26
158.	AMKOR TECHNOLOGY INC	777,000	$749,805	0.26
159.	CONTINENTAL RESOURCES INC	736,000	$748,880	0.26
160.	SOUTHWESTERN ENERGY COMPANY	655,000	$741,926	0.26
161.	RANGE RESOURCES CORPORATION	712,000	$738,700	0.26
162.	HERTZ CORP	808,000	$738,310	0.26
163.	FIRST DATA CORPORATION	992,000	$734,080	0.26
164.	LEVEL 3 FINANCING INC	824,000	$728,210	0.26
165.	METROPCS WIRELESS INC.	740,000	$721,500	0.25
166.	MANITOWOC COMPANY INC	795,000	$719,475	0.25
167.	FREESCALE SEMICONDUCTOR INC	700,000	$719,250	0.25
168.	LEVEL 3 COMMUNICATIONS INC	750,000	$712,500	0.25
169.	FIRST DATA CORPORATION	843,000	$706,012	0.25
170.	INTERNATIONAL LEASE FINANCE CORP	810,000	$704,045	0.25
171.	HARRAHS OPERATING CO INC	691,000	$697,046	0.24
172.	EURAMAX INTERNATIONAL INC	865,000	$694,162	0.24
173.	HANGER ORTHOPEDIC GROUP INC	708,000	$690,300	0.24
174.	CHRYSLER GROUP LLC	893,000	$689,842	0.24
175.	EH HOLDING CORP	708,000	$681,450	0.24
176.	GRAHAM PACK CO LP/GPC	670,000	$674,187	0.24
177.	XERIUM TECHNOLOGIES INC	715,000	$650,650	0.23
178.	GOODRICH PETROLEUM CORPORATION	666,000	$642,690	0.23
179.	MGM RESORTS INTERNATIONAL	636,000	$636,000	0.22
180.	CUMULUS MEDIA INC	780,000	$635,700	0.22
181.	WINDSTREAM CORP	630,000	$634,725	0.22
182.	GENON ENERGY INC	673,000	$632,620	0.22
183.	INTELSAT BERMUDA LTD	712,000	$612,320	0.21
184.	LIMITED BRANDS INC	605,000	$609,537	0.21
185.	GIBRALTAR INDUSTRIES INC	620,000	$604,500	0.21
186.	WP ROCKET MERGER SUB INC	623,000	$593,407	0.21
187.	TENET HEALTHCARE CORPORATION	550,000	$581,625	0.20
188.	NORCRAFT COS/FINANCE	605,000	$577,775	0.20
189.	CONCHO RESOURCES INC	537,000	$569,220	0.20
190.	FMG RESOURCES (AUGUST 2006) PTY LT	622,000	$559,800	0.20
191.	TRINIDAD DRILLING LTD	559,000	$555,932	0.19
192.	WARNER CHILCOTT CO LLC	580,000	$553,900	0.19
193.	COMSTOCK RESOURCES INC	576,000	$552,960	0.19
194.	REGENCY ENERGY PARTNERS LP	525,000	$540,750	0.19
195.	ALLISON TRANSMISSION INC	585,000	$538,200	0.19
196.	MACDERMID INC	580,000	$536,500	0.19
197.	ALPHA NATURAL RESOURCES INC	563,000	$526,405	0.18
198.	RANGE RESOURCES CORPORATION	480,000	$525,600	0.18
199.	NOVA CHEMICALS CORP	500,000	$525,000	0.18
200.	ALPHA NATURAL RESOURCES INC	563,000	$524,997	0.18
201.	NORTEK INC	647,000	$520,835	0.18
202.	REGENCY ENERGY PARTNERS	480,000	$519,600	0.18
203.	LLOYDS BANKING GROUP PLC	1,173,000	$516,120	0.18
204.	HEALTHSOUTH CORPORATION	530,000	$496,875	0.17
205.	CRICKET COMMUNICATIONS INC	573,000	$492,780	0.17
206.	RR DONNELLEY & SONS CO	551,000	$489,012	0.17
207.	VANTAGE DRILLING CO	460,000	$480,639	0.17
208.	ARDAGH PACKAGING FINANCE	497,000	$474,635	0.17
209.	DOLPHIN SUBSIDIARY II INC	472,000	$466,100	0.16
210.	REGAL CINEMAS CORP	456,000	$463,980	0.16
211.	INTELSAT JACKSON HOLDINGS LTD	450,000	$459,000	0.16
212.	AE ESCROW CORPORATION	477,000	$457,920	0.16
213.	COTT BEVERAGES USA INC.	435,000	$443,700	0.16
214.	HARRAHS OPERATING CO INC	745,000	$443,275	0.16
215.	PETROHAWK ENERGY CORP	390,000	$442,650	0.16
216.	QVC INC	406,000	$440,510	0.15
217.	INTERLINE BRANDS INC	448,000	$437,920	0.15
218.	ENDO PHARMACEUTICALS HOLDINGS INC.	424,000	$425,060	0.15
219.	RSC EQUIPMENT RENTAL INC	485,000	$419,525	0.15
220.	RITE AID CORPORATION	400,000	$417,000	0.15
221.	RR DONNELLEY & SONS CO	458,000	$413,917	0.15
222.	AMERICAN RENAL HOLDINGS	409,000	$411,045	0.14
223.	COTT BEVERAGES USA INC.	400,000	$408,000	0.14
224.	MGM MIRAGE	470,000	$407,725	0.14
225.	LIFEPOINT HOSPITALS INC	401,000	$394,985	0.14
226.	DELPHI CORP	417,000	$387,810	0.14
227.	CENTRAL GARDEN & PET COMPANY	400,000	$386,000	0.14
228.	ROCK OHIO CAESARS LLC TL 7.00	392,000	$385,630	0.14
229.	EQUINIX INC	385,000	$383,075	0.13
230.	EL PASO CORPORATION	340,000	$381,785	0.13
231.	FIRST DATA CORPORATION	410,000	$381,300	0.13
232.	INTEGRA TELECOM HOLDINGS INC	401,000	$368,920	0.13
233.	CHAPARRAL ENERGY INC	367,000	$367,000	0.13
234.	GARDA WORLD SECURITY CORPORATION	361,000	$366,415	0.13
235.	LEAR CORPORATION	330,000	$353,925	0.12
236.	PINAFORE LLC/ PINAFORE INC	332,000	$338,640	0.12
237.	DEAN FOODS CO	333,000	$337,162	0.12
238.	AES CORPORATION (THE)	331,000	$332,655	0.12
239.	CDW LLC	325,000	$318,500	0.11
240.	LEVEL 3 FINANCING INC	340,000	$316,200	0.11
241.	SEALED AIR CORP	311,000	$314,110	0.11
242.	STERIGENICS INTERNATIONAL INC	325,000	$313,625	0.11
243.	COLUMBUS MCKINNON CORPORATION	319,000	$309,430	0.11
244.	INTELSAT JACKSON HLDGS SA	330,000	$306,075	0.11
245.	BILL BARRETT CORP	308,000	$302,610	0.11
246.	SEMINOLE TRIBE OF FLORIDA	310,000	$297,066	0.10
247.	EXCO RESOURCES INC	331,000	$296,245	0.10
248.	BERRY PETROLEUM COMPANY	305,000	$290,512	0.10
249.	ACCURIDE CORP	315,000	$289,800	0.10
250.	PENN NATIONAL GAMING INC	270,000	$286,200	0.10
251.	OSHKOSH CORP	293,000	$284,210	0.10
252.	CHRYSLER GROUP LLC	362,000	$283,265	0.10
253.	BURLINGTON COAT FACTORY WAREHOUSE	330,000	$280,500	0.10
254.	RITE AID CORPORATION	355,000	$280,450	0.10
255.	NUVEEN INVESTMENTS INC	300,000	$276,750	0.10
256.	AMGH MERGER SUB INC	272,000	$273,360	0.10
257.	COMMSCOPE INC	278,000	$271,050	0.09
258.	QVC INC	255,000	$269,662	0.09
259.	BERRY PETROLEUM COMPANY	240,000	$268,800	0.09
260.	DOLPHIN SUBSIDIARY II INC	275,000	$266,750	0.09
261.	INTERFACE INC	265,000	$265,000	0.09
262.	SEALED AIR CORP	259,000	$261,590	0.09
263.	DELPHI CORP	278,000	$258,540	0.09
264.	DANA HOLDING CORP	245,000	$236,425	0.08
265.	ARD FINANCE SA PIK	282,000	$234,060	0.08
266.	CHEMTURA CORP	237,000	$232,260	0.08
267.	FRESENIUS MEDICAL CARE US FINANCE	222,000	$225,330	0.08
268.	VAIL RESORTS INC	228,000	$224,580	0.08
269.	AMERICAN RENAL HOLDINGS CO PIK	220,841	$214,767	0.08
270.	DUCOMMUN INCORPORATED	214,000	$213,465	0.07
271.	DARLING INTERNATIONAL INC	195,000	$210,112	0.07
272.	BRIGHAM EXPLORATION CO	211,000	$205,725	0.07
273.	METROPCS WIRELESS INC	224,000	$197,120	0.07
274.	RADNET MANAGEMENT INC	180,000	$166,500	0.06
275.	BERRY PETROLEUM COMPANY	135,000	$137,700	0.05
276.	INTERNATIONAL AUTOMOTIVE COMPONENT	126,000	$117,810	0.04
277.	SPEEDWAY MOTORSPORTS INC	121,000	$115,252	0.04
278.	HEALTHSOUTH CORP	110,000	$99,825	0.03
279.	NORTEK INC	103,000	$95,275	0.03
280.	COMSTOCK RESOURCES INC	99,000	$92,565	0.03
281.	VANGUARD HEALTH HOLDING CO II LLC	90,000	$80,212	0.03
282.	CF INDUSTRIES HOLDINGS INC	55,000	$62,562	0.02
283.	LEUCADIA NATIONAL CORP	2,168	$49,170	0.02
284.	ANTERO RESOURCES FINANCE CORP	51,000	$48,450	0.02
285.	SIMMONS HOLDCO TL 5.25	1,922,816.73	$4,807	0.00
286.	CMP SUSQUEHANNA WT 3/26/2019	29,954	$299	0.00
287.	FAIRLANE MANAGEMENT CORP	50,004	$0	0.00
288.	SIX FLAGS INC 144A ESCROW CUSIP	950,000	$0	0.00
	Other Assets less Liabilities		$-2,700,217	-0.95
Net Assets			$285,387,576	100.00

¹ Fund expense ratios are calculated based on the fund's average net assets during the fund’s most recently completed fiscal year, adjusted for the change in transfer agent, and have not been adjusted for current asset levels. If adjusted for any decrease or increase in assets, expense ratios would be higher or lower, respectively, than the numbers shown above. The expense ratios include the effect of acquired fund fees and expenses, if any. Please see the fund's prospectus for a complete list of operating expenses.

² A dash indicates that there is no fee waiver/expense cap in effect for the fund. Otherwise, the net expense ratio reflects the contractual agreement of the investment manager and its affiliates to waive certain fees and to absorb certain expenses, as described in the fund's prospectus (which is available by clicking here), unless sooner terminated at the discretion of the fund's board. Any amount waived will not be reimbursed. Net expense ratios reflect this fee waiver/expense cap. Fee waivers/expense caps would limit the impact that any decrease in assets will have on net expense ratios in the current fiscal year.

With respect to RiverSource LaSalle International Real Estate Fund and Tri-Continental, return figures reflect any change in price per share, and assume the reinvestment of dividends and capital gain distributions, if any. The net asset value of closed-end fund shares may not always correspond to the market price of such shares. Shares of many closed-end funds frequently trade at a discount from their net asset value. Closed-end funds are subject to stock market risk, which is the risk that stock prices overall will decline over short or long periods, adversely affecting the value of an investment in a Fund.

SEC Yield
Computed under an SEC standardized formula representing the net investment income earned by a fund over the preceding 30 day period, expressed as an annual percentage rate based on the maximum public offer price (POP) per share on the last day of the period. The SEC yield should be regarded as an estimate of the fund's rate of investment income reflecting an estimated yield to maturity (assuming all current portfolio holdings are held to maturity), and it may not equal the fund's actual income distribution rate or the income paid to a shareholders account. The SEC Yield reflects fee waivers in effect, if any. In the absence of such waivers, yields would be reduced.

7-Day Current Yield
For Money Market Funds: generated by an investment in the fund over a seven day period ended on the date of the calculation and is expressed as an annual percentage.

An investment in money market funds is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to maintain the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund.

Investments in small- and mid-capitalization companies often involve greater risks and potential volatility than investments in larger, more established companies.

International investing involves increased risk and volatility due to potential political and economic instability, currency fluctuations, and differences in financial reporting and accounting standards and oversight. Risks are particularly significant in emerging markets due to the dramatic pace of economic, social, and political change.

The products of technology companies may be subject to severe competition and rapid obsolescence, and technology stocks may be subject to greater price fluctuations, government regulation, and limited liquidity as compared to other investments. In addition, investments in one economic sector, such as technology, may result in greater price fluctuations than owning a portfolio of diversified investments.

Investments in real estate securities are subject to specific risks, such market risk, issuer risk, diversification risk, and sector/concentration risks.

There are risks associated with an investment in a bond fund, including credit risk, interest rate risk, and prepayment and extension risk. In general, bond prices rise when interest rates fall and vice versa. This effect is usually more pronounced for longer-term securities. Non-investment grade securities, commonly called “high-yield” or “junk” bonds, generally have more volatile prices and carry more risk to principal and income than investment grade securities.

There are risks associated with an investment in a municipal bond fund, including credit risk, interest rate risk, prepayment and extension risk, and geographic concentration risk. See each fund’s prospectus for information on these and other risks associated with each fund. For funds that concentrate investments in municipal securities issued by a single state and its municipalities, specific events or factors affecting a particular state can cause more volatility as compared to a fund that is more geographically diversified.

Income from tax-exempt funds may be subject to state and local taxes and a portion of income may be subject to the federal and/or state alternative minimum tax for certain investors.

Treasury Inflation Protected Securities (TIPS) are backed by the full faith and credit of the U.S. government. The U.S. government guarantee applies only to the underlying TIPS securities, and not the Fund itself. Shares of the RiverSource Short Duration U.S. Government Fund and RiverSource U.S. Government Mortgage Fund are not insured or guaranteed by the U.S. government.

“Standard & Poor’s®”, “S&P”, “S&P 500®” and “Standard & Poor’s 500®” are trademarks of the McGraw-Hill Companies, Inc. These trademarks and service marks have been licensed for use by Ameriprise Financial, Inc. The funds are not sponsored, endorsed, sold or promoted by Standard & Poor’s or any of their subsidiaries or affiliates (the “Licensors”) and the Licensors make no representation regarding the advisability of investing in the funds.

The Standard & Poor’s 500 Index (S&P 500 Index), an unmanaged index of common stocks, is frequently used as a general measure of market performance. The index reflects reinvestment of all distributions and changes in market prices, but excludes brokerage commissions or other fees.

The RiverSource 120/20 Contrarian Equity Fund and Threadneedle Global Extended Alpha Fund are designed for investors with an above average risk tolerance. The Funds may make short sales, which involves selling a security the Funds do not own in anticipation that the security’s price will decline. The Funds’ losses could exceed those of other mutual funds which hold only long security positions if the value of the securities held long decrease and the value of the securities sold short increase. The Funds’ use of short sales in effect “leverage” the Funds, as the Funds intends to use the case proceeds from the short sales to invest in additional long securities. Leveraging exposes the Funds to greater risks due to unanticipated market movements, which may magnify losses and increase volatility of returns. There is no assurance that a leveraging strategy will be successful. See the prospectus for each Fund for information on these and other risks associated with the Fund.

The RiverSource Absolute Return Currency and Income Fund is designed for investors with an above average risk tolerance. Risks associated with the fund include, but are not limited to, derivatives risk, counterparty risk, interest rate risk, credit risk, and tax risk. Derivative instruments are financial instruments that have a value dependent on the value of something else, such as one or more underlying securities. Gains or losses may be substantial, because a relatively small price movement in an underlying security may result in a substantial gain or loss for the Fund. A counterparty to a financial instrument entered into by the Fund may become bankrupt or otherwise fail to perform its obligations due to financial difficulties. The issuer of a security could default or otherwise become unable or unwilling to honor a financial obligation, and the Fund may be unable to recover its investment or may only obtain a limited or delayed recovery. Gains from some of the Fund’s foreign currency-denominated positions may not meet Treasury Department regulations for “qualifying income,” in which case, the Fund might not qualify as a regulated investment company for one or more years, requiring the Fund’s Board of Directors to authorize a significant change in investment strategy or Fund liquidation. A significant portion of the Fund is invested in forward currency contracts, which are subject to a number of risks. Losses may be substantial if prices do not move in the direction anticipated. See the Fund’s prospectus for information on these and other risks associated with the Fund.

The following funds are subject to greater volatility than more broadly diversified funds because they invest in specific sectors: RiverSource Precious Metals and Mining Fund, RiverSource Real Estate Fund, RiverSource Recovery and Infrastructure Fund, RiverSource LaSalle Global Real Estate Fund, RiverSource LaSalle Monthly Dividend Real Estate Fund, Seligman Communications and Information Fund and Seligman Global Technology Fund. Dividends paid by the RiverSource LaSalle Monthly Dividend Real Estate Fund will be taxable as ordinary income. Distributions by the Fund may include a return of capital. A return of capital is not net profits of the Fund but instead a return of a portion of your original investment.

The RiverSource Floating Rate Fund is designed for investors with an above average risk tolerance. The Fund invests primarily in floating rate loans, the market value of which may fluctuate, sometimes rapidly and unpredictably. The principal risks of investing in the fund include liquidity risk, interest rate risk, credit risk, counterparty risk, highly leveraged transactions risk, derivatives risk, confidential information access risk, and impairment of collateral risk. Generally, when interest rates rise, the prices of fixed income securities fall, however, securities or loans with floating interest rates can be less sensitive to interest rate changes, but they may decline in value if their interest rates do not rise as much as interest rates in general. Limited liquidity will affect the ability of the fund to purchase or sell floating rate loans and have a negative impact on fund performance. The floating rate loans and securities in which the fund invests are lower-rated (non-investment grade) and are more likely to experience a default, which results in more volatile prices and more risk to principal and income than investment grade loans or securities.

The RiverSource Income Builder, Portfolio Builder and Retirement Plus funds are “funds of funds” comprised of holdings in several different RiverSource, Seligman, and Threadneedle funds, which may include small-cap, mid-cap, large-cap, money market, international, bond and/or sector funds. Each of the underlying funds in which the portfolio invests has its own investment risks, and those risks can affect the value of each portfolio’s shares and investments. The fund manager has a potential conflict of interest in selecting underlying funds because the fees paid to it by some underlying funds might be higher than those paid by other funds. However, the investment manager acts as a fiduciary to the Funds and is legally obligated to act in the Funds’ best interest when selecting underlying funds. The date in each RiverSource Retirement Plus Fund name refers to the approximate year an investor in the fund would plan to retire or to begin withdrawing portions of his or her investment. The Fund will continue to be actively managed for a period of time after the retirement date until a static allocation is obtained. An investment in the Fund is not guaranteed at any time, and you could experience loss of principal before, at, or after, the target date. There is no guarantee that the Fund will provide adequate income at and through retirement.

Each of the underlying ETFs in which each Seligman TargETFund invests has its own investment risks, and those risks can affect the value of each portfolio's shares and investments. This may include small-cap, mid-cap, large-cap, international, bond and/or sector risks. See each fund's prospectus for more information on the risks that are associated with the underlying ETFs. The date in the Fund name refers to the approximate year an investor in the fund would plan to retire or to begin withdrawing portions or his or her investment for retirement or other investment goal. In each fund's target year, the Fund is combined with the TargETFund Core, and shareholders of the Fund automatically become shareholders of TargETFund Core. An investment in the Fund is not guaranteed at any time, and you could experience loss of principal before, at, or after, the target date. There is no guarantee that the Fund will provide adequate income at and through retirement.

Investment products are not federally or FDIC-insured, are not deposits or obligations of, or guaranteed by any financial institution, and involve investment risks including possible loss of principal and fluctuation in value.

This information is for use with concurrent or prior delivery of a fund prospectus. With respect to mutual funds and Tri-Continental Corporation, investors should consider the investment objectives, risks, charges and expenses of a mutual fund carefully before investing. To learn more about this and other important information about each fund, download a free prospectus. The prospectus should be read carefully before investing.

RiverSource®, Seligman® and Threadneedle® mutual funds are distributed by Columbia Management Investment Distributors, Inc. (formerly known as RiverSource Fund Distributors, Inc.), member FINRA and managed by Columbia Management Investment Advisers, LLC (formerly known as RiverSource Investments, LLC). Threadneedle mutual funds are subadvised by Threadneedle International Limited, an affiliate of Columbia Management. Seligman is an offering brand of Columbia Management.

Investors should consider the investment objectives, risks, charges, and expenses of the RiverSource LaSalle International Real Estate Fund and Seligman Premium Technology Growth Fund carefully before investing. To obtain each Fund’s most recent periodic reports and other regulatory filings, contact your financial advisor or download reports here. These reports and other filings can also be found on the Securities and Exchange Commission’s EDGAR Database. You should read these reports and other filings carefully before investing.

Tri-Continental, RiverSource LaSalle International Real Estate Fund and Seligman Premium Technology Growth Fund are managed by Columbia Management Investment Advisers, LLC (formerly known as RiverSource Investments, LLC). This material is distributed by Columbia Management Investment Distributors, Inc. (formerly known as RiverSource Fund Distributors, Inc.), member FINRA.

Not all products and all share classes are available through all firms.