|
Principal
Amount ($)
|
|
Value ($)
|
|
|
Certificates of Deposit and Bank Notes 9.6%
|
|
Banco del Estado de Chile:
|
|
|
|
|
|
|
|
|
0.26%, 5/12/2014
|
|
3,000,000
|
|
3,000,000
|
|
|
0.26%, 5/14/2014
|
|
4,000,000
|
|
4,000,000
|
|
Bank of America NA, 0.19%, 5/1/2014
|
|
1,800,000
|
|
1,800,000
|
|
Bank of Nova Scotia, 0.23%, 6/2/2014
|
|
3,000,000
|
|
3,000,000
|
|
Credit Suisse, 0.26%, 3/18/2014
|
|
3,000,000
|
|
3,000,374
|
|
Fortis Bank SA, 0.175%, 4/1/2014
|
|
3,250,000
|
|
3,250,027
|
|
Mitsubishi UFJ Trust & Banking Corp., 0.2%, 5/2/2014
|
|
3,000,000
|
|
3,000,000
|
|
Mizuho Corporate Bank Ltd.:
|
|
|
|
|
|
|
|
|
0.21%, 4/15/2014
|
|
2,000,000
|
|
2,000,000
|
|
|
0.22%, 2/26/2014
|
|
3,000,000
|
|
3,000,000
|
|
Sumitomo Mitsui Banking Corp.:
|
|
|
|
|
|
|
|
|
0.21%, 2/18/2014
|
|
5,000,000
|
|
5,000,000
|
|
|
0.21%, 4/7/2014
|
|
2,000,000
|
|
2,000,000
|
|
|
Total Certificates of Deposit and Bank Notes
(Cost $33,050,401)
|
|
33,050,401
|
|
|
|
|
Issued at Discount ** 52.2%
|
|
Albion Capital Corp. SA:
|
|
|
|
|
|
|
|
|
0.13%, 2/7/2014
|
|
7,000,000
|
|
6,999,848
|
|
|
0.16%, 2/26/2014
|
|
1,700,000
|
|
1,699,811
|
|
Antalis U.S. Funding Corp., 144A, 0.1%, 2/4/2014
|
|
12,000,000
|
|
11,999,900
|
|
ASB Finance Ltd., 0.22%, 4/3/2014
|
|
4,000,000
|
|
3,998,509
|
|
Bank Nederlandse Gemeenten, 0.22%, 6/17/2014
|
|
1,500,000
|
|
1,498,753
|
|
Bedford Row Funding Corp.:
|
|
|
|
|
|
|
|
|
144A, 0.31%, 10/27/2014
|
|
1,500,000
|
|
1,496,538
|
|
|
144A, 0.32%, 12/17/2014
|
|
4,000,000
|
|
3,988,658
|
|
BNZ International Funding Ltd., 144A, 0.17%, 3/5/2014
|
|
2,000,000
|
|
1,999,698
|
|
Caisse Centrale Desjardins:
|
|
|
|
|
|
|
|
|
0.175%, 2/19/2014
|
|
4,500,000
|
|
4,499,606
|
|
|
0.19%, 3/5/2014
|
|
972,000
|
|
971,836
|
|
Caisse des Depots et Consignations, 144A, 0.2%, 3/24/2014
|
|
2,500,000
|
|
2,499,292
|
|
Collateralized Commercial Paper Co., LLC:
|
|
|
|
|
|
|
|
|
0.22%, 3/17/2014
|
|
1,000,000
|
|
999,731
|
|
|
0.22%, 4/15/2014
|
|
2,000,000
|
|
1,999,108
|
|
Collateralized Commercial Paper II Co., LLC, 144A, 0.22%, 2/5/2014
|
|
4,000,000
|
|
3,999,902
|
|
CPPIB Capital, Inc.:
|
|
|
|
|
|
|
|
|
0.3%, 2/11/2015
|
|
1,200,000
|
|
1,196,250
|
|
|
0.3%, 2/17/2015
|
|
1,000,000
|
|
996,825
|
|
DBS Bank Ltd., 144A, 0.235%, 3/11/2014
|
|
1,500,000
|
|
1,499,628
|
|
Dexia Credit Local, 0.33%, 8/18/2014
|
|
1,500,000
|
|
1,497,277
|
|
DNB Bank ASA, 0.24%, 3/5/2014
|
|
3,000,000
|
|
2,999,360
|
|
Erste Abwicklungsanstalt, 144A, 0.17%, 4/24/2014
|
|
2,000,000
|
|
1,999,226
|
|
General Electric Capital Corp.:
|
|
|
|
|
|
|
|
|
0.05%, 2/3/2014
|
|
10,000,000
|
|
9,999,972
|
|
|
0.23%, 3/4/2014
|
|
5,000,000
|
|
4,999,010
|
|
Hannover Funding Co., LLC:
|
|
|
|
|
|
|
|
|
0.16%, 2/20/2014
|
|
5,000,000
|
|
4,999,565
|
|
|
0.16%, 2/28/2014
|
|
3,000,000
|
|
2,999,640
|
|
|
0.2%, 3/12/2014
|
|
2,000,000
|
|
1,999,567
|
|
Kells Funding LLC:
|
|
|
|
|
|
|
|
|
144A, 0.23%, 2/19/2014
|
|
5,000,000
|
|
4,999,425
|
|
|
144A, 0.235%, 2/19/2014
|
|
5,000,000
|
|
4,999,412
|
|
Kreditanstalt Fuer Wiederaufbau, 144A, 0.12%, 4/4/2014
|
|
2,000,000
|
|
1,999,587
|
|
LMA Americas LLC:
|
|
|
|
|
|
|
|
|
144A, 0.16%, 2/24/2014
|
|
5,000,000
|
|
4,999,489
|
|
|
144A, 0.17%, 2/10/2014
|
|
3,500,000
|
|
3,499,851
|
|
Macquarie Bank Ltd., 144A, 0.215%, 3/4/2014
|
|
2,500,000
|
|
2,499,537
|
|
Manhattan Asset Funding Co., LLC, 144A, 0.16%, 2/11/2014
|
|
3,000,000
|
|
2,999,867
|
|
MetLife Short Term Funding LLC:
|
|
|
|
|
|
|
|
|
144A, 0.21%, 6/2/2014
|
|
3,500,000
|
|
3,497,530
|
|
|
144A, 0.24%, 2/27/2014
|
|
3,000,000
|
|
2,999,480
|
|
Natixis U.S. Finance Co., LLC, 0.1%, 2/3/2014
|
|
8,000,000
|
|
7,999,955
|
|
Nordea Bank AB, 0.22%, 3/24/2014
|
|
2,250,000
|
|
2,249,299
|
|
NRW.Bank, 0.069%, 2/5/2014
|
|
10,000,000
|
|
9,999,922
|
|
Old Line Funding LLC, 144A, 0.23%, 6/5/2014
|
|
2,000,000
|
|
1,998,416
|
|
Oversea-Chinese Banking Corp., Ltd., 0.25%, 3/5/2014
|
|
3,000,000
|
|
2,999,347
|
|
Regency Markets No. 1 LLC, 144A, 0.13%, 2/7/2014
|
|
7,500,000
|
|
7,499,837
|
|
Skandinaviska Enskilda Banken AB, 0.28%, 5/8/2014
|
|
1,500,000
|
|
1,498,880
|
|
Standard Chartered Bank:
|
|
|
|
|
|
|
|
|
0.26%, 2/4/2014
|
|
3,000,000
|
|
2,999,935
|
|
|
0.27%, 5/19/2014
|
|
6,000,000
|
|
5,995,185
|
|
|
0.29%, 5/1/2014
|
|
3,300,000
|
|
3,297,634
|
|
Swedbank AB:
|
|
|
|
|
|
|
|
|
0.24%, 5/8/2014
|
|
2,500,000
|
|
2,498,400
|
|
|
0.255%, 5/7/2014
|
|
3,500,000
|
|
3,497,645
|
|
Sydney Capital Corp., 144A, 0.19%, 4/24/2014
|
|
2,000,000
|
|
1,999,134
|
|
United Overseas Bank Ltd., 0.24%, 7/14/2014
|
|
2,500,000
|
|
2,497,283
|
|
UOB Funding LLC, 0.24%, 4/10/2014
|
|
2,450,000
|
|
2,448,889
|
|
VW Credit, Inc., 144A, 0.22%, 2/4/2014
|
|
706,000
|
|
705,987
|
|
Working Capital Management Co., 144A, 0.2%, 3/11/2014
|
|
2,000,000
|
|
1,999,578
|
|
|
|
178,517,014
|
|
Issued at Par * 6.9%
|
|
ASB Finance Ltd.:
|
|
|
|
|
|
|
|
|
144A, 0.25%, 6/11/2014
|
|
1,000,000
|
|
1,000,000
|
|
|
144A, 0.277%, 10/9/2014
|
|
2,000,000
|
|
1,999,903
|
|
Australia & New Zealand Banking Group Ltd., 144A, 0.154%, 4/7/2014
|
|
4,000,000
|
|
3,999,640
|
|
Bank of Nova Scotia, 0.25%, 1/13/2015
|
|
3,000,000
|
|
3,000,000
|
|
BNZ International Funding Ltd., 144A, 0.257%, 1/20/2015
|
|
1,750,000
|
|
1,750,000
|
|
Caisse Centrale Desjardins, 144A, 0.238%, 1/26/2015
|
|
1,750,000
|
|
1,749,828
|
|
Kells Funding LLC:
|
|
|
|
|
|
|
|
|
144A, 0.238%, 10/22/2014
|
|
1,500,000
|
|
1,499,876
|
|
|
144A, 0.238%, 10/28/2014
|
|
3,500,000
|
|
3,500,000
|
|
PNC Bank NA, 0.25%, 4/23/2014
|
|
5,000,000
|
|
5,000,000
|
|
|
|
23,499,247
|
|
|
Total Commercial Paper
(Cost $202,016,261)
|
|
202,016,261
|
|
|
|
|
Bank of Nova Scotia, 0.25%, 9/3/2014
|
|
2,000,000
|
|
2,000,000
|
|
Commonwealth Bank of Australia:
|
|
|
|
|
|
|
|
|
144A, 0.23%, 6/11/2014
|
|
4,500,000
|
|
4,500,000
|
|
|
144A, 0.516%, 1/29/2015
|
|
2,000,000
|
|
2,005,416
|
|
Kommunalbanken AS, 144A, 0.14%, 2/26/2014
|
|
7,500,000
|
|
7,500,000
|
|
Rabobank Nederland NV, 144A, 0.518%, 8/16/2014
|
|
12,000,000
|
|
12,000,000
|
|
Royal Bank of Canada:
|
|
|
|
|
|
|
|
|
0.24%, 12/11/2014
|
|
3,000,000
|
|
3,000,000
|
|
|
0.29%, 2/28/2014
|
|
8,000,000
|
|
8,000,000
|
|
Svenska Handelsbanken AB, 144A, 0.326%, 10/3/2014
|
|
4,000,000
|
|
4,000,000
|
|
Wells Fargo Bank NA, 0.24%, 12/10/2014
|
|
1,000,000
|
|
1,000,000
|
|
|
Total Short-Term Notes
(Cost $44,005,416)
|
|
44,005,416
|
|
|
Government & Agency Obligations 5.9%
|
|
U.S. Government Sponsored Agencies 3.5%
|
|
Federal Farm Credit Bank:
|
|
|
|
|
|
|
|
|
0.137% *, 10/20/2014
|
|
2,500,000
|
|
2,500,102
|
|
|
0.144% *, 10/29/2014
|
|
4,000,000
|
|
4,000,454
|
|
Federal Home Loan Bank, 0.142% **, 2/18/2014
|
|
3,500,000
|
|
3,499,752
|
|
Federal National Mortgage Association, 0.139% **, 6/2/2014
|
|
2,000,000
|
|
1,999,059
|
|
|
|
11,999,367
|
|
U.S. Treasury Obligations 2.4%
|
|
U.S. Treasury Notes:
|
|
|
|
|
|
|
|
|
0.1%, 1/31/2016
|
|
3,000,000
|
|
3,000,000
|
|
|
0.5%, 8/15/2014
|
|
3,500,000
|
|
3,506,547
|
|
|
2.625%, 7/31/2014
|
|
1,800,000
|
|
1,821,903
|
|
|
|
8,328,450
|
|
|
Total Government & Agency Obligations
(Cost $20,327,817)
|
|
20,327,817
|
|
|
|
|
Citibank NA, 0.08%, 2/3/2014
|
|
6,000,000
|
|
6,000,000
|
|
Credit Agricole Corporate & Investment Bank, 0.09%, 2/3/2014
|
|
2,594,455
|
|
2,594,455
|
|
Fortis Bank SA, 0.05%, 2/3/2014
|
|
5,000,000
|
|
5,000,000
|
|
|
Total Time Deposits
(Cost $13,594,455)
|
|
13,594,455
|
|
|
Repurchase Agreements 8.5%
|
|
BNP Paribas, 0.22%, dated 12/23/2013, to be repurchased at $6,014,447 on 1/21/2015 (a)
|
|
6,000,000
|
|
6,000,000
|
|
JPMorgan Securities, Inc., 0.403%, dated 3/18/2013, to be repurchased at $8,032,704 on 3/18/2014 (b)
|
|
8,000,000
|
|
8,000,000
|
|
Nomura Securities International, 0.03%, dated 1/31/2014, to be repurchased at $10,000,025 on 2/3/2014 (c)
|
|
10,000,000
|
|
10,000,000
|
|
The Toronto-Dominion Bank, 0.08%, dated 1/31/2014, to be repurchased at $5,000,033 on 2/3/2014 (d)
|
|
5,000,000
|
|
5,000,000
|
|
|
Total Repurchase Agreements
(Cost $29,000,000)
|
|
29,000,000
|
|
|
|
|
|
|
|
% of
Net Assets
|
|
Value ($)
|
|
|
Total Investment Portfolio
(Cost $341,994,350) †
|
100.0
|
|
341,994,350
|
|
Other Assets and Liabilities, Net
|
0.0
|
|
(85,831)
|
|
|
Net Assets
|
100.0
|
|
341,908,519
|
|