-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NEp56dfnoekuaVk68XVTRwrKO+ZORmy95mns9WOx4kE63MFYNcAoj22NL5Ag3X72 s/fbm3/uWJ6puynDfYenow== 0001104659-10-014919.txt : 20100318 0001104659-10-014919.hdr.sgml : 20100318 20100318091502 ACCESSION NUMBER: 0001104659-10-014919 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20100131 FILED AS OF DATE: 20100318 DATE AS OF CHANGE: 20100318 EFFECTIVENESS DATE: 20100318 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CREDIT SUISSE HIGH YIELD BOND FUND CENTRAL INDEX KEY: 0001061353 IRS NUMBER: 134009166 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-08777 FILM NUMBER: 10690302 BUSINESS ADDRESS: STREET 1: ELEVEN MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10010 BUSINESS PHONE: 2123252000 MAIL ADDRESS: STREET 1: ELEVEN MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10010 FORMER COMPANY: FORMER CONFORMED NAME: DLJ HIGH YIELD BOND FUND DATE OF NAME CHANGE: 19980508 N-Q 1 a10-4819_6nq.htm N-Q

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

FORM N-Q

 

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY

 

Investment Company Act file number

811-08777

 

 

CREDIT SUISSE HIGH YIELD BOND FUND

(Exact name of registrant as specified in charter)

 

c/o Credit Suisse Asset Management, LLC

Eleven Madison Avenue

New York, New York

 

10010

(Address of principal executive offices)

 

(Zip code)

 

J. Kevin Gao, Esq.

Eleven Madison Avenue

New York, New York 10010

(Name and address of agent for service)

 

Registrant’s telephone number, including area code:

(212) 325-2000

 

 

Date of fiscal year end:

October 31st

 

 

 

 

Date of reporting period:

November 1, 2009 to January 31, 2010

 

 



 

Item 1:                   Schedule of Investments

 



 

Credit Suisse High Yield Bond Fund

Schedule of Investments

January 31, 2010 (unaudited)

 

Par
(000)

 

 

 

Ratings
(S&P/Moody’s)

 

Maturity

 

Rate%

 

Value

 

 

 

 

 

 

 

 

 

 

 

U.S. CORPORATE BONDS (111.9%)

 

 

 

 

 

 

 

 

 

Aerospace & Defense (1.0%)

 

 

 

 

 

 

 

 

 

$

575

 

BE Aerospace, Inc., Senior Unsecured Notes (Callable 07/01/13 @ $104.25)

 

(BB, Ba3)

 

07/01/18

 

8.500

 

$

603,750

 

750

 

Hawker Beechcraft Notes Co., Global Company Guaranteed Notes (Callable 04/01/11 @ $104.25)§

 

(CCC-, Caa3)

 

04/01/15

 

8.500

 

519,375

 

825

 

Hawker Beechcraft Notes Co., Global Company Guaranteed Notes (Callable 04/01/12 @ $104.88)

 

(CCC-, Ca)

 

04/01/17

 

9.750

 

490,875

 

 

 

 

 

 

 

 

 

 

 

1,614,000

 

Auto Loans (2.9%)

 

 

 

 

 

 

 

 

 

325

 

Ford Motor Credit Co. LLC, Senior Unsecured Notes

 

(B-, B3)

 

08/10/11

 

9.875

 

340,139

 

575

 

Ford Motor Credit Co. LLC, Senior Unsecured Notes

 

(B-, B3)

 

10/01/14

 

8.700

 

595,369

 

775

 

Ford Motor Credit Co., LLC, Global Senior Unsecured Notes

 

(B-, B3)

 

08/01/12

 

7.500

 

785,569

 

2,685

 

Ford Motor Credit Co., LLC, Global Senior Unsecured Notes

 

(B-, B3)

 

10/01/13

 

7.000

 

2,689,052

 

100

 

Ford Motor Credit Co., LLC, Senior Unsecured Notes

 

(B-, B3)

 

12/15/16

 

8.000

 

100,724

 

 

 

 

 

 

 

 

 

 

 

4,510,853

 

Auto Parts & Equipment (2.4%)

 

 

 

 

 

 

 

 

 

350

 

American Axle & Manufacturing Holdings, Inc., Rule 144A, Senior Secured Notes (Callable 01/15/14 @ $104.63)‡

 

(B-, B2)

 

01/15/17

 

9.250

 

364,000

 

775

 

American Axle & Manufacturing, Inc., Company Guaranteed Notes (Callable 03/01/12 @ $103.94)

 

(CCC-, Caa3)

 

03/01/17

 

7.875

 

676,187

 

1,200

 

American Tire Distributors, Inc., Global Company Guarnteed Notes (Callable 04/01/10 @ $102.69)

 

(CCC+, Caa1)

 

04/01/13

 

10.750

 

1,107,000

 

800

 

Stanadyne Corp., Series 1, Global Senior Subordinated Notes (Callable 08/15/10 @ $103.33)

 

(CCC, Caa1)

 

08/15/14

 

10.000

 

732,000

 

848

 

The Goodyear Tire & Rubber Co., Global Company Guaranteed Notes (Callable 07/01/10 @ $104.50)§

 

(B+, B1)

 

07/01/15

 

9.000

 

877,680

 

50

 

The Goodyear Tire & Rubber Co., Senior Unsecured Notes (Callable 05/15/12 @ $107.88)

 

(B+, B1)

 

05/15/16

 

10.500

 

54,500

 

 

 

 

 

 

 

 

 

 

 

3,811,367

 

Banks (3.7%)

 

 

 

 

 

 

 

 

 

159

 

CIT Group, Inc., Senior Secured Notes (Callable 03/17/10 @ $103.50)§

 

(NR, NR)

 

05/01/13

 

7.000

 

146,539

 

239

 

CIT Group, Inc., Senior Secured Notes (Callable 03/17/10 @ $103.50)

 

(NR, NR)

 

05/01/14

 

7.000

 

214,732

 

239

 

CIT Group, Inc., Senior Secured Notes (Callable 03/17/10 @ $103.50)

 

(NR, NR)

 

05/01/15

 

7.000

 

208,759

 

398

 

CIT Group, Inc., Senior Secured Notes (Callable 03/17/10 @ $103.50)

 

(NR, NR)

 

05/01/16

 

7.000

 

343,452

 

557

 

CIT Group, Inc., Senior Secured Notes (Callable 03/17/10 @ $103.50)

 

(NR, NR)

 

05/01/17

 

7.000

 

477,349

 

2,390

 

GMAC, Inc., Global Company Guaranteed Notes

 

(B, Ca)

 

03/02/11

 

7.250

 

2,419,875

 

47

 

GMAC, Inc., Global Company Guaranteed Notes

 

(B, Ca)

 

12/15/11

 

6.000

 

46,589

 

99

 

GMAC, Inc., Global Company Guaranteed Notes

 

(B, Ca)

 

12/31/13

 

7.500

 

99,495

 

744

 

GMAC, Inc., Global Company Guaranteed Notes (Callable 03/08/10 @ $100.00)

 

(B, Ca)

 

04/01/11

 

6.000

 

740,280

 

119

 

GMAC, Inc., Global Subordinated Notes

 

(CCC+, Ca)

 

12/31/18

 

8.000

 

113,645

 

1,007

 

GMAC, Inc., Series 8, Global Company Guaranteed Notes

 

(B, Ca)

 

12/01/14

 

6.750

 

989,378

 

 

 

 

 

 

 

 

 

 

 

5,800,093

 

Beverages (0.5%)

 

 

 

 

 

 

 

 

 

100

 

CEDC Finance Corp. International, Inc., Rule 144A, Senior Secured Notes (Callable 12/01/13 @ $104.56)‡

(B+, B1)

 

12/01/16

 

9.125

 

105,500

 

675

 

Constellation Brands, Inc., Company Guaranteed Notes

 

(BB, Ba3)

 

09/01/16

 

7.250

 

681,750

 

 

 

 

 

 

 

 

 

 

 

787,250

 

Building & Construction (1.5%)

 

 

 

 

 

 

 

 

 

741

 

Ashton Woods Finance Co., Rule 144A, Company Guaranteed Notes (Callable 02/24/14 @ $105.50)+‡

 

(NR, NR)

 

06/30/15

 

0.000

 

259,350

 

600

 

K Hovnanian Enterprises, Inc., Global Company Guaranteed Notes

 

(CCC-, Caa2)

 

01/15/16

 

6.250

 

447,000

 

950

 

Standard Pacific Corp., Company Guaranteed Notes

 

(CCC, Caa1)

 

04/01/14

 

6.250

 

845,500

 

1,000

 

William Lyon Homes, Inc., Company Guaranteed Notes (Callable 04/01/10 @ $101.79)

 

(CC, Caa3)

 

04/01/13

 

10.750

 

785,000

 

 

 

 

 

 

 

 

 

 

 

2,336,850

 

 



 

Par
(000)

 

 

 

Ratings
(S&P/Moody’s)

 

Maturity

 

Rate%

 

Value

 

 

 

 

 

 

 

 

 

 

 

U.S. CORPORATE BONDS

 

 

 

 

 

 

 

 

 

Building Materials (3.1%)

 

 

 

 

 

 

 

 

 

$

1,000

 

AMH Holdings Inc., Global Senior Discount Notes (Callable 03/01/10 @ $103.75)

 

(CCC-, Caa2)

 

03/01/14

 

11.250

 

$

1,005,000

 

700

 

Building Materials Corp. of America, Global Secured Notes (Callable 08/01/10 @ $102.58)

 

(BBB-, Ba3)

 

08/01/14

 

7.750

 

727,125

 

1,285

 

CPG International I, Inc., Global Company Guaranteed Notes (Callable 07/01/10 @ $102.63)

 

(B-, Caa1)

 

07/01/13

 

10.500

 

1,262,512

 

500

 

Dayton Superior Corp., Company Guaranteed Notesø

 

(NR, NR)

 

06/15/09

 

13.000

 

100,000

 

900

 

Headwaters, Inc., Rule 144A, Senior Secured Notes (Callable 11/01/12 @ $105.69)‡

 

(B+, B2)

 

11/01/14

 

11.375

 

949,500

 

114

 

Norcraft Capital Corp., Global Senior Discount Notes (Callable 09/01/10 @ $100.00)

 

(CCC, Caa1)

 

09/01/12

 

9.750

 

111,150

 

775

 

Norcraft Finance Corp., Rule 144A, Senior Secured Notes (Callable 12/15/12 @ $105.25)‡

 

(B-, B2)

 

12/15/15

 

10.500

 

809,875

 

 

 

 

 

 

 

 

 

 

 

4,965,162

 

Chemicals (3.6%)

 

 

 

 

 

 

 

 

 

775

 

Hexion Escrow Corp., Rule 144A, Senior Secured Notes (Callable 02/01/14 @ $104.44)‡

 

(CCC+, B3)

 

02/01/18

 

8.875

 

750,781

 

250

 

Momentive Performance Materials, Inc., Global Company Guaranteed Notes (Callable 12/01/10 @ $104.88)§

 

(CCC-, Caa2)

 

12/01/14

 

9.750

 

240,000

 

701

 

Momentive Performance Materials, Inc., Rule 144A, Company Guaranteed Notes (Callable 12/15/11 @ $106.25)‡

 

(CCC-, B3)

 

06/15/14

 

12.500

 

788,625

 

275

 

Nalco Co., Global Company Guaranteed Notes (Callable 02/01/10 @ $103.00)

 

(NR, B2)

 

11/15/13

 

9.000

 

395,615

 

350

 

Nalco Co., Global Company Guaranteed Notes (Callable 11/15/10 @ $101.48)

 

(B, B2)

 

11/15/13

 

8.875

 

361,375

 

575

 

Nalco Finance Holdings, Inc., Global Senior Discount Notes (Callable 02/04/10 @ $103.00)#

 

(B, B2)

 

02/01/14

 

9.000

 

595,125

 

525

 

PolyOne Corp., Senior Unsecured Notes

 

(B-, B1)

 

05/01/12

 

8.875

 

550,121

 

1,175

 

Reichhold Industries, Inc., Rule 144A, Senior Notes (Callable 08/15/10 @ $104.50)‡

 

(CCC+, Caa2)

 

08/15/14

 

9.000

 

1,039,875

 

975

 

Terra Capital, Inc., Rule 144A, Company Guaranteed Notes (Callable 11/01/14 @ $103.88)‡

 

(BB, B1)

 

11/01/19

 

7.750

 

1,018,875

 

 

 

 

 

 

 

 

 

 

 

5,740,392

 

Computer Hardware (0.5%)

 

 

 

 

 

 

 

 

 

825

 

Activant Solutions, Inc., Global Company Guaranteed Notes (Callable 05/01/11 @ $104.75)

 

(CCC, Caa1)

 

05/01/16

 

9.500

 

794,063

 

 

 

 

 

 

 

 

 

 

 

Consumer Products (1.1%)

 

 

 

 

 

 

 

 

 

950

 

AAC Group Holding Corp., Rule 144A, Senior Discount Notes (Callable 10/01/10 @ $100.00)‡

 

(CCC, NR)

 

10/01/12

 

10.250

 

954,750

 

725

 

Amscan Holdings, Inc., Global Senior Subordinated Notes (Callable 05/01/10 @ $102.92)

 

(CCC+, Caa1)

 

05/01/14

 

8.750

 

719,563

 

 

 

 

 

 

 

 

 

 

 

1,674,313

 

Diversified Capital Goods (4.0%)

 

 

 

 

 

 

 

 

 

450

 

Anixter, Inc., Company Guaranteed Notes

 

(BB+, Ba2)

 

03/15/14

 

10.000

 

498,937

 

625

 

Belden, Inc., Rule 144A, Company Guaranteed Notes (Callable 06/15/14 @ $104.62)‡

 

(B+, Ba2)

 

06/15/19

 

9.250

 

668,750

 

550

 

Coleman Cable, Inc. Rule 144A (Callable 02/15/14 @ $104.50)‡

 

(B, B3)

 

02/15/18

 

9.000

 

545,875

 

650

 

Coleman Cable, Inc., Global Company Guaranteed Notes (Callable 10/01/10 @ $100.00)

 

(B, B3)

 

10/01/12

 

9.875

 

669,500

 

925

 

Esco Corp., Rule 144A, Company Guaranteed Notes (Callable 12/15/10 @ $100.00)#‡

 

(B, B2)

 

12/15/13

 

4.129

 

860,250

 

100

 

Esco Corp., Rule 144A, Company Guaranteed Notes (Callable 12/15/10 @ $104.31)‡

 

(B, B2)

 

12/15/13

 

8.625

 

100,875

 

875

 

Mueller Water Products, Inc., Global Company Guaranteed Notes (Callable 06/01/12 @ $103.69)

 

(B-, Caa1)

 

06/01/17

 

7.375

 

791,875

 

575

 

Rexnord LLC., Global Company Guaranteed Notes (Callable 08/01/10 @ $104.75)

 

(B-, Caa2)

 

08/01/14

 

9.500

 

579,312

 

 



 

Par
(000)

 

 

 

Ratings
(S&P/Moody’s)

 

Maturity

 

Rate%

 

Value

 

 

 

 

 

 

 

 

 

 

 

U.S. CORPORATE BONDS

 

 

 

 

 

 

 

 

 

Diversified Capital Goods

 

 

 

 

 

 

 

 

 

$

425

 

Sensus USA Systems, Inc., Global Company Guaranteed Notes (Callable 12/15/10 @ $101.44)

 

(B-, B3)

 

12/15/13

 

8.625

 

$

438,813

 

600

 

Titan International, Inc., Global Company Guaranteed Notes

 

(B-, B2)

 

01/15/12

 

8.000

 

600,000

 

600

 

TriMas Corp., Rule 144A, Senior Secured Notes (Callable 12/15/13 @ $104.88)‡

 

(B-, Caa1)

 

12/15/17

 

9.750

 

601,500

 

 

 

 

 

 

 

 

 

 

 

6,355,687

 

Electric - Generation (5.7%)

 

 

 

 

 

 

 

 

 

1,275

 

Dynegy Holdings, Inc., Global Senior Unsecured Notes

 

(B, B3)

 

05/01/16

 

8.375

 

1,157,062

 

1,475

 

Edison Mission Energy, Global Senior Unsecured Notes

 

(B, B2)

 

05/15/17

 

7.000

 

1,172,625

 

675

 

Edison Mission Energy, Global Senior Unsecured Notes

 

(B, B2)

 

05/15/19

 

7.200

 

526,500

 

1,025

 

Mirant Americas Generation LLC, Senior Unsecured Notes

 

(B-, B3)

 

10/01/21

 

8.500

 

989,125

 

447

 

Mirant Mid Atlantic Trust, Series B, Global Pass Thru Certificates

 

(BB, Ba1)

 

06/30/17

 

9.125

 

462,359

 

350

 

NRG Energy, Inc., Company Guaranteed Notes (Callable 01/15/12 @ $103.69)

 

(BB-, B1)

 

01/15/17

 

7.375

 

348,688

 

550

 

NRG Energy, Inc., Company Guaranteed Notes (Callable 02/01/11 @ $103.69)

 

(BB-, B1)

 

02/01/16

 

7.375

 

548,625

 

3,725

 

Texas Competitive Electric Holdings Co., LLC, Series A, Global Company Guaranteed Notes (Callable 11/01/11 @ $105.13)§

 

(CCC, Caa2)

 

11/01/15

 

10.250

 

2,933,437

 

1,175

 

Texas Competitive Electric Holdings Co., LLC, Series B, Global Company Guaranteed Notes (Callable 11/01/11 @ $105.13)

 

(CCC, Caa2)

 

11/01/15

 

10.250

 

925,313

 

 

 

 

 

 

 

 

 

 

 

9,063,734

 

Electric - Integrated (1.2%)

 

 

 

 

 

 

 

 

 

1,175

 

The AES Corp., Global Senior Unsecured Notes

 

(BB-, B1)

 

10/15/17

 

8.000

 

1,189,687

 

550

 

The AES Corp., Rule 144A, Senior Unsecured Notes‡

 

(BB-, B1)

 

04/15/16

 

9.750

 

598,125

 

175

 

The AES Corp., Senior Unsecured Notes

 

(BB-, B1)

 

03/01/14

 

7.750

 

176,313

 

 

 

 

 

 

 

 

 

 

 

1,964,125

 

Electronics (1.9%)

 

 

 

 

 

 

 

 

 

450

 

Amkor Technology, Inc., Global Senior Notes (Callable 05/15/10 @ $101.29)

 

(B+, B2)

 

05/15/13

 

7.750

 

452,812

 

800

 

Freescale Semiconductor, Inc., Company Guaranteed Notes (Callable 12/15/11 @ $105.06)

 

(CCC, Caa3)

 

12/15/16

 

10.125

 

652,000

 

275

 

Jabil Circuit, Inc., Global Senior Unsecured Notes

 

(BB+, Ba1)

 

03/15/18

 

8.250

 

300,438

 

575

 

Sanmina-SCI Corp., Company Guaranteed Notes (Callable 03/01/11 @ $104.06)

 

(CCC, B2)

 

03/01/16

 

8.125

 

579,312

 

875

 

Viasystems, Inc., Rule 144A, Senior Secured Notes (Callable 07/15/12 @ $106.00)‡

 

(B+, B3)

 

01/15/15

 

12.000

 

940,625

 

 

 

 

 

 

 

 

 

 

 

2,925,187

 

Energy - Exploration & Production (6.8%)

 

 

 

 

 

 

 

 

 

500

 

Berry Petroleum Co., Senior Subordinated Notes (Callable 11/01/11 @ $104.13)

 

(B, B3)

 

11/01/16

 

8.250

 

501,250

 

150

 

Chesapeake Energy Corp., Company Guaranteed Notes

 

(BB, Ba3)

 

07/15/13

 

7.625

 

157,875

 

300

 

Chesapeake Energy Corp., Company Guaranteed Notes

 

(BB, Ba3)

 

12/15/18

 

7.250

 

300,000

 

1,525

 

Chesapeake Energy Corp., Global Company Guaranteed Notes (Callable 01/15/11 @ $101.15)

 

(BB, Ba3)

 

01/15/16

 

6.875

 

1,509,750

 

575

 

Denbury Resources, Inc., Company Guaranteed Notes (Callable 03/01/13 @ $104.88)

 

(BB, B1)

 

03/01/16

 

9.750

 

608,781

 

1,000

 

Encore Acquisition Co., Company Guaranteed Notes (Callable 12/01/10 @ $103.63)

 

(B, B1)

 

12/01/17

 

7.250

 

1,010,000

 

450

 

Forest Oil Corp., Global Company Guaranteed Notes (Callable 06/15/12 @ $103.63)

 

(BB-, B1)

 

06/15/19

 

7.250

 

454,500

 

525

 

Hilcorp Financial Co., Rule 144A, Senior Unsecured Notes (Callable 06/01/11 @ $104.50)‡

 

(BB-, B2)

 

06/01/16

 

9.000

 

547,312

 

800

 

Mariner Energy, Inc., Company Guaranteed Notes (Callable 05/15/12 @ $104.00)

 

(B+, B3)

 

05/15/17

 

8.000

 

786,000

 

475

 

Penn Virginia Corp., Senior Notes (Callable 06/15/13 @ $105.19)

 

(BB-, B2)

 

06/15/16

 

10.375

 

525,469

 

950

 

PetroHawk Energy Corp., Global Company Guaranteed Notes (Callable 06/01/12 @ $103.94)

 

(B, B3)

 

06/01/15

 

7.875

 

978,500

 

475

 

Pioneer Natural Resources Co., Senior Unsecured Notes

 

(BB+, Ba1)

 

01/15/20

 

7.500

 

484,688

 

625

 

Plains Exploration & Production Co., Company Guaranteed Notes (Callable 06/15/11 @ $103.88)

 

(BB, B1)

 

06/15/15

 

7.750

 

640,625

 

 



 

Par
(000)

 

 

 

Ratings
(S&P/Moody’s)

 

Maturity

 

Rate%

 

Value

 

 

 

 

 

 

 

 

 

 

 

U.S. CORPORATE BONDS

 

 

 

 

 

 

 

 

 

Energy - Exploration & Production

 

 

 

 

 

 

 

 

 

$

350

 

Range Resources Corp., Company Guaranteed Notes (Callable 10/01/12 @ $103.75)

 

(BB, Ba3)

 

10/01/17

 

7.500

 

$

364,875

 

425

 

Stone Energy Corp., Company Guaranteed Notes (Callable 02/01/14 @ $104.31)

 

(BB-, Caa1)

 

02/01/17

 

8.625

 

425,000

 

525

 

Stone Energy Corp., Global Senior Subordinated Notes (Callable 12/15/10 @ $102.25)

 

(CCC+, Caa2)

 

12/15/14

 

6.750

 

480,375

 

475

 

Swift Energy Co, Company Guaranteed Notes (Callable 06/01/12 @ $103.56)

 

(BB-, B3)

 

06/01/17

 

7.125

 

457,188

 

450

 

Whiting Petroleum Corp., Global Company Guaranteed Notes

 

(BB, B1)

 

02/01/14

 

7.000

 

456,750

 

 

 

 

 

 

 

 

 

 

 

10,688,938

 

Environmental (0.2%)

 

 

 

 

 

 

 

 

 

350

 

Casella Waste Systems, Inc., Rule 144A, Senior Secured Notes (Callable 07/15/12 @ $105.50)‡

 

(B+, B2)

 

07/15/14

 

11.000

 

381,500

 

 

 

 

 

 

 

 

 

 

 

Food & Drug Retailers (0.9%)

 

 

 

 

 

 

 

 

 

350

 

Ingles Markets, Inc., Global Senior Unsecured Notes (Callable 05/15/13 @ $104.44)

 

(BB-, B1)

 

05/15/17

 

8.875

 

364,438

 

725

 

Rite Aid Corp., Global Company Guaranteed Notes (Callable 06/15/11 @ $104.69)

 

(CCC, Caa3)

 

12/15/15

 

9.375

 

609,000

 

475

 

Rite Aid Corp., Global Senior Secured Notes (Callable 06/12/13 @ $104.88)

 

(B+, B3)

 

06/12/16

 

9.750

 

510,625

 

 

 

 

 

 

 

 

 

 

 

1,484,063

 

Food - Wholesale (1.3%)

 

 

 

 

 

 

 

 

 

250

 

Chiquita Brands International, Inc., Global Senior Unsecured Notes (Callable 11/01/10 @ $102.50)

 

(B, Caa2)

 

11/01/14

 

7.500

 

246,250

 

650

 

Pinnacle Foods Finance Corp., Rule 144A, Senior Unsecured Notes (Callable 04/01/11 @ $104.63)‡

 

(CCC+, Caa2)

 

04/01/15

 

9.250

 

656,500

 

425

 

Smithfield Foods, Inc., Rule 144A, Senior Secured Notes‡

 

(B+, Ba3)

 

07/15/14

 

10.000

 

464,844

 

650

 

Southern States Cooperative, Inc., Rule 144A, Senior Notes‡

 

(B+, B3)

 

11/01/11

 

11.000

 

651,625

 

 

 

 

 

 

 

 

 

 

 

2,019,219

 

Forestry & Paper (3.2%)

 

 

 

 

 

 

 

 

 

478

 

Boise Cascade LLC, Global Company Guaranteed Notes (Callable 10/15/10 @ $102.38)

 

(B+, Caa1)

 

10/15/14

 

7.125

 

436,175

 

750

 

Georgia-Pacific Corp., Global Senior Notes

 

(BB, B2)

 

01/15/24

 

8.000

 

783,750

 

300

 

Georgia-Pacific LLC Rule 144A, Company Guaranteed Notes (Callable 01/15/12 @ $103.56)‡

 

(BB+, Ba3)

 

01/15/17

 

7.125

 

309,000

 

300

 

Georgia-Pacific LLC Rule 144A, Company Guaranteed Notes (Callable 05/01/13 @ $104.13)‡

 

(BB+, Ba3)

 

05/01/16

 

8.250

 

322,500

 

400

 

NewPage Corp., Global Company Guaranteed Notes (Callable 05/01/10 @ $103.00)

 

(CCC-, Caa3)

 

05/01/13

 

12.000

 

168,000

 

1,300

 

NewPage Corp., Global Senior Secured Notes (Callable 03/31/12 @ $105.00)§

 

(CCC+, B2)

 

12/31/14

 

11.375

 

1,264,250

 

950

 

Smurfit-Stone Container Enterprises, Inc., Global Senior Unsecured Notes (Callable 07/01/10 @ $100.00)ø

 

(D, NR)

 

07/01/12

 

8.375

 

805,125

 

1,125

 

Verso Paper, Inc., Series B, Global Company Guaranteed Notes (Callable 08/01/11 @ $105.69)§

 

(CCC, Caa1)

 

08/01/16

 

11.375

 

970,313

 

75

 

Verso Paper, Inc., Series B, Global Senior Secured Notes (Callable 08/01/10 @ $104.56)§

 

(B-, B2)

 

08/01/14

 

9.125

 

71,156

 

 

 

 

 

 

 

 

 

 

 

5,130,269

 

Gaming (7.0%)

 

 

 

 

 

 

 

 

 

775

 

Buffalo Thunder Development Authority, Rule 144A, Senior Secured Notes (Callable 12/15/10 @ $104.69)ø‡

(NR, NR)

 

12/15/14

 

9.375

 

135,625

 

1,000

 

Caesars Entertainment, Inc., Global Company Guaranteed Notes

 

(CCC-, Ca)

 

05/15/11

 

8.125

 

1,005,000

 

1,225

 

CCM Merger, Inc., Rule 144A, Notes (Callable 08/01/10 @ $102.00)‡

 

(CCC+, Caa3)

 

08/01/13

 

8.000

 

1,010,625

 

280

 

Choctaw Resort Development Enterprise, Rule 144A, Senior Notes (Callable 11/15/11 @ $103.63)‡

 

(B, B2)

 

11/15/19

 

7.250

 

197,400

 

575

 

FireKeepers Development Authority, Rule 144A, Senior Secured Notes (Callable 05/01/12 @ $110.50)‡

 

(B, B3)

 

05/01/15

 

13.875

 

661,250

 

625

 

Fontainebleau Las Vegas Holdings LLC, Rule 144A, Second Mortgage Notes (Callable 06/15/11 @ $105.13)ø‡

 

(NR, NR)

 

06/15/15

 

11.000

 

9,375

 

 



 

Par
(000)

 

 

 

Ratings
(S&P/Moody’s)

 

Maturity

 

Rate%

 

Value

 

 

 

 

 

 

 

 

 

 

 

U.S. CORPORATE BONDS

 

 

 

 

 

 

 

 

 

Gaming

 

 

 

 

 

 

 

 

 

$

525

 

Harrah’s Operating Co., Inc., Global Senior Secured Notes (Callable 06/01/13 @ $105.63)

 

(B-, Caa1)

 

06/01/17

 

11.250

 

$

560,438

 

750

 

Inn of the Mountain Gods Resort & Casino, Global Company Guaranteed Notesø

 

(D, Ca)

 

11/15/10

 

12.000

 

373,125

 

1,250

 

Jacobs Entertainment, Inc., Global Company Guaranteed Notes (Callable 06/15/10 @ $104.88)

 

(B-, B3)

 

06/15/14

 

9.750

 

1,175,000

 

950

 

Majestic Star Casino Capital Corp., Senior Secured Notesø

 

(NR, NR)

 

10/15/10

 

9.500

 

631,750

 

1,275

 

Mashantucket Western Pequot Tribe, Rule 144A, Bonds (Callable 11/15/11 @ $104.25)ø‡

 

(D, NR)

 

11/15/15

 

8.500

 

395,250

 

700

 

MGM Mirage, Inc., Company Guaranteed Notes

 

(CCC+, Caa2)

 

01/15/17

 

7.625

 

575,750

 

825

 

MGM Mirage, Inc., Global Company Guaranteed Notes

 

(CCC+, Caa2)

 

04/01/16

 

6.875

 

684,750

 

675

 

MGM Mirage, Inc., Rule 144A, Senior Secured Notes (Callable 05/15/13 @ $105.56)‡

 

(B, B1)

 

11/15/17

 

11.125

 

762,750

 

1,200

 

MTR Gaming Group, Inc., Rule 144A, Senior Secured Notes (Callable 07/15/11 @ $106.31)‡

 

(B, B2)

 

07/15/14

 

12.625

 

1,185,000

 

950

 

Peninsula Gaming LLC, Rule 144A, Senior Unsecured Notes (Callable 08/15/13 @ $105.38)‡

 

(B, B3)

 

08/15/17

 

10.750

 

973,750

 

670

 

Tropicana Finance Corp., Global Senior Subordinated Notes (Callable 12/15/10 @ $104.81)ø

 

(NR, NR)

 

12/15/14

 

9.625

 

4,606

 

775

 

Turning Stone Resort Casino Enterprise, Rule 144A, Senior Unsecured Notes (Callable 09/15/10 @ $104.56)‡

 

(B+, B1)

 

09/15/14

 

9.125

 

759,500

 

 

 

 

 

 

 

 

 

 

 

11,100,944

 

Gas Distribution (3.3%)

 

 

 

 

 

 

 

 

 

525

 

Amerigas Partners LP, Global Senior Unsecured Notes (Callable 05/20/10 @ $103.63)

 

(NR, Ba3)

 

05/20/15

 

7.250

 

535,500

 

375

 

El Paso Corp., Senior Unsecured Notes

 

(BB-, Ba3)

 

02/15/16

 

8.250

 

405,937

 

600

 

El Paso Corp., Senior Unsecured Notes

 

(BB-, Ba3)

 

06/01/18

 

7.250

 

619,528

 

925

 

El Paso Performance-Linked Trust, Rule 144A, Senior Unsecured Notes‡

 

(NR, Ba3)

 

07/15/11

 

7.750

 

967,636

 

425

 

Inergy Finance Corp., Global Company Guaranteed Notes (Callable 03/01/11 @ $104.13)

 

(B+, B1)

 

03/01/16

 

8.250

 

436,687

 

275

 

Inergy Finance Corp., Global Company Guaranteed Notes (Callable 12/15/10 @ $102.29)

 

(B+, B1)

 

12/15/14

 

6.875

 

275,688

 

550

 

MarkWest Energy Finance Corp., Series B, Global Company Guaranteed Notes (Callable 04/15/13 @ $104.38)

 

(B+, B2)

 

04/15/18

 

8.750

 

574,750

 

625

 

Targa Resources Partners Finance Corp., Global Company Guaranteed Notes (Callable 07/01/12 @ $104.13)

 

(B, B2)

 

07/01/16

 

8.250

 

637,500

 

675

 

The Williams Cos., Inc., Series A, Global Senior Unsecured Notes

 

(BB+, Baa3)

 

01/15/31

 

7.500

 

765,659

 

 

 

 

 

 

 

 

 

 

 

5,218,885

 

Health Facilities (7.2%)

 

 

 

 

 

 

 

 

 

275

 

Alliance HealthCare Services, Inc., Rule 144A, Senior Notes (Callable 12/01/12 @ $104.00)‡

 

(B, B3)

 

12/01/16

 

8.000

 

259,875

 

815

 

Bausch & Lomb, Inc., Global Senior Unsecured Notes (Callable 11/01/11 @ $104.94)

 

(B, Caa1)

 

11/01/15

 

9.875

 

859,825

 

300

 

Biomet, Inc., Global Company Guaranteed Notes (Callable 10/15/12 @ $105.00)

 

(B-, B3)

 

10/15/17

 

10.000

 

327,750

 

120

 

Biomet, Inc., Global Company Guaranteed Notes (Callable 10/15/12 @ $105.81)

 

(B-, Caa1)

 

10/15/17

 

11.625

 

132,600

 

650

 

Community Health Systems, Inc., Global Company Guaranteed Notes (Callable 07/15/11 @ $104.44)

 

(B, B3)

 

07/15/15

 

8.875

 

673,562

 

2,350

 

HCA, Inc., Global Secured Notes (Callable 11/15/11 @ $104.63)

 

(BB-, B2)

 

11/15/16

 

9.250

 

2,485,125

 

675

 

HCA, Inc., Global Senior Unsecured Notes

 

(B-, Caa1)

 

01/15/15

 

6.375

 

626,062

 

725

 

HCA, Inc., Rule 144A, Senior Secured Notes (Callable 08/15/14 @ $103.94)‡

 

(BB, Ba3)

 

02/15/20

 

7.875

 

746,750

 

425

 

Healthsouth Corp., Global Company Guaranteed Notes (Callable 06/15/11 @ $105.38)

 

(CCC+, Caa1)

 

06/15/16

 

10.750

 

462,188

 

450

 

Inverness Medical Innovations, Inc., Company Guaranteed Notes (Callable 05/15/13 @ $104.50)

 

(B-, B3)

 

05/15/16

 

9.000

 

461,250

 

525

 

Omega Healthcare Investors, Inc., Global Company Guaranteed Notes (Callable 01/15/11 @ $103.50)

 

(BB+, Ba3)

 

01/15/16

 

7.000

 

528,938

 

425

 

Service Corp. International, Senior Unsecured Notes

 

(BB-, B1)

 

11/15/21

 

8.000

 

427,656

 

775

 

Tenet Healthcare Corp., Global Senior Unsecured Notes

 

(CCC+, Caa2)

 

02/01/15

 

9.250

 

806,000

 

 



 

Par
(000)

 

 

 

Ratings
(S&P/Moody’s)

 

Maturity

 

Rate%

 

Value

 

 

 

 

 

 

 

 

 

 

 

U.S. CORPORATE BONDS

 

 

 

 

 

 

 

 

 

Health Facilities

 

 

 

 

 

 

 

 

 

$

925

 

Tenet Healthcare Corp., Rule 144A, Senior Secured Notes (Callable 07/01/14 @ $ 104.44)‡

 

(BB-, B2)

 

07/01/19

 

8.875

 

$

989,750

 

275

 

Universal Hospital Services, Inc., Global Senior Secured Notes (Callable 06/01/11 @ $101.00)

 

(B+, B3)

 

06/01/15

 

8.500

 

270,188

 

625

 

Vanguard Holding Co. II, Inc., Rule 144A, Company Guaranteed Notes (Callable 02/01/14 @ $104.00)‡

 

(CCC+, B3)

 

02/01/18

 

8.000

 

613,281

 

634

 

VWR Funding, Inc., Series B, Global Company Guaranteed Notes (Callable 07/15/11 @ $105.13)

 

(B-, Caa1)

 

07/15/15

 

10.250

 

665,437

 

 

 

 

 

 

 

 

 

 

 

11,336,237

 

Health Services (1.4%)

 

 

 

 

 

 

 

 

 

275

 

Quintiles Transnational Corp., Rule 144A, Senior Notes (Callable 02/04/10 @ $102.50)‡

 

(B, B3)

 

12/30/14

 

9.500

 

279,813

 

750

 

Rural/Metro Corp., Global Senior Discount Notes (Callable 03/15/10 @ $106.38)+

 

(B, Caa1)

 

03/15/16

 

0.000

 

776,250

 

400

 

Service Corp. International, Global Senior Unsecured Notes

 

(BB-, B1)

 

10/01/18

 

7.625

 

407,000

 

550

 

Stewart Enterprises, Inc., Global Company Guaranteed Notes (Callable 02/15/10 @ $101.56)

 

(BB-, Ba3)

 

02/15/13

 

6.250

 

540,375

 

175

 

Universal Hospital Services, Inc., Global Senior Secured Notes (Callable 06/01/10 @ $101.00)#

 

(B+, B3)

 

06/01/15

 

3.859

 

150,500

 

 

 

 

 

 

 

 

 

 

 

2,153,938

 

Hotels (1.3%)

 

 

 

 

 

 

 

 

 

725

 

Felcor Lodging LP, Rule 144A, Senior Secured Notes‡

 

(B-, B2)

 

10/01/14

 

10.000

 

721,375

 

525

 

Host Hotels & Resorts LP, Rule 144A, Senior Unsecured Notes (Callable 05/15/13 @ $104.50)‡§

 

(BB+, Ba1)

 

05/15/17

 

9.000

 

564,375

 

725

 

Host Hotels & Resorts LP, Series Q, Global Company Guaranteed Notes (Callable 06/01/11 @ $103.33)

 

(BB+, Ba1)

 

06/01/16

 

6.750

 

712,313

 

 

 

 

 

 

 

 

 

 

 

1,998,063

 

Household & Leisure Products (0.3%)

 

 

 

 

 

 

 

 

 

450

 

ALH Finance Corp., Global Company Guaranteed Notes (Callable 01/15/11 @ $100.00)

 

(B-, Caa1)

 

01/15/13

 

8.500

 

453,938

 

 

 

 

 

 

 

 

 

 

 

lnvestments & Misc. Financial Services (0.4%)

 

 

 

 

 

 

 

 

 

700

 

Nuveen Investments, Inc., Global Company Guaranteed Notes (Callable 11/15/11 @105.25)

 

(CCC, Caa3)

 

11/15/15

 

10.500

 

651,000

 

 

 

 

 

 

 

 

 

 

 

Leisure (0.3%)

 

 

 

 

 

 

 

 

 

122

 

Six Flags Operations, Inc., Rule 144A, Company Guaranteed Notes (Callable 07/15/13 @ $106.12)ø‡

 

(D, NR)

 

07/15/16

 

12.250

 

134,200

 

900

 

Six Flags, Inc., Global Senior Unsecured Notes (Callable 06/01/10 @ $103.21)ø

 

(D, NR)

 

06/01/14

 

9.625

 

281,250

 

 

 

 

 

 

 

 

 

 

 

415,450

 

Machinery (0.9%)

 

 

 

 

 

 

 

 

 

650

 

Baldor Electric Co., Company Guaranteed Notes (Callable 02/15/12 @ $104.31)

 

(B, B3)

 

02/15/17

 

8.625

 

664,625

 

525

 

CPM Holdings, Inc., Rule 144A, Senior Secured Notes (Callable 09/01/12 @ $105.31)‡

 

(B+, B2)

 

09/01/14

 

10.625

 

561,750

 

250

 

Terex Corp., Senior Subordinated Notes (Callable 11/15/12 @ $104.00)

 

(B, Caa1)

 

11/15/17

 

8.000

 

240,000

 

 

 

 

 

 

 

 

 

 

 

1,466,375

 

Media - Broadcast (2.8%)

 

 

 

 

 

 

 

 

 

725

 

Allbritton Communications Co., Global Senior Subordinated Notes (Callable 12/15/10 @ $100.00)

 

(B-, Caa1)

 

12/15/12

 

7.750

 

723,187

 

795

 

Barrington Broadcasting Capital Corp., Global Company Guaranteed Notes (Callable 08/15/10 @ $105.25)

 

(CCC-, Caa3)

 

08/15/14

 

10.500

 

629,044

 

1,175

 

Clear Channel Communications, Inc., Senior Unsecured Notes

 

(CCC-, Ca)

 

09/15/14

 

5.500

 

710,875

 

775

 

Clear Channel Worldwide Holdings, Inc., Rule 144A, Company Guaranteed Notes (Callable 12/15/12 @ $106.94)‡

 

(B, B2)

 

12/15/17

 

9.250

 

802,125

 

200

 

Clear Channel Worldwide Holdings, Inc., Rule 144A, Company Guaranteed Notes (Callable 12/15/12 @ $106.94)‡

 

(B, B2)

 

12/15/17

 

9.250

 

205,500

 

74

 

CMP Susquehanna Corp., Global Company Guranteed Notes (Callable 05/15/10 @ $104.94)

 

(NR, NR)

 

05/15/14

 

3.272

 

18,500

 

 



 

Par
(000)

 

 

 

Ratings
(S&P/Moody’s)

 

Maturity

 

Rate%

 

Value

 

 

 

 

 

 

 

 

 

 

 

U.S. CORPORATE BONDS

 

 

 

 

 

 

 

 

 

Media - Broadcast

 

 

 

 

 

 

 

 

 

$

550

 

Fisher Communications, Inc., Global Company Guaranteed Notes (Callable 09/15/10 @ $102.88)

 

(B-, B2)

 

09/15/14

 

8.625

 

$

534,188

 

662

 

Local TV Finance LLC, Rule 144A, Senior Unsecured Notes (Callable 06/15/11 @ $104.63)‡

 

(CCC, Caa3)

 

06/15/15

 

9.250

 

362,171

 

389

 

Umbrella Acquisition, Inc., Rule 144A, Company Guaranteed Notes (Callable 03/15/11 @ $104.88)‡

 

(CCC, Caa2)

 

03/15/15

 

9.750

 

344,641

 

1,525

 

Young Broadcasting, Inc., Global Company Guaranteed Notes (Callable 01/15/11 @ $101.46)ø

 

(D, NR)

 

01/15/14

 

8.750

 

10,675

 

 

 

 

 

 

 

 

 

 

 

4,340,906

 

Media - Cable (6.0%)

 

 

 

 

 

 

 

 

 

1,375

 

Atlantic Broadband Finance LLC, Global Company Guaranteed Notes (Callable 01/15/11 @ $101.56)

 

(B-, Caa1)

 

01/15/14

 

9.375

 

1,405,937

 

731

 

CCH II Capital Corp., Global Senior Notes (Callable 11/30/12 @ $106.75)

 

(B, B2)

 

11/30/16

 

13.500

 

882,323

 

1,200

 

Cequel Capital Corp., Rule 144A, Senior Unsecured Notes (Callable 11/15/12 @ $106.47)‡

 

(B-, B3)

 

11/15/17

 

8.625

 

1,206,000

 

325

 

Charter Communications Operating Capital, Rule 144A, Secured Notes‡

 

(BB-, B1)

 

04/30/12

 

8.000

 

341,250

 

275

 

Charter Communications Operating Capital, Rule 144A, Secured Notes‡

 

(BB-, B1)

 

09/15/14

 

10.875

 

309,375

 

825

 

CSC Holdings Inc., Rule 144A, Senior Unsecured Notes‡

 

(BB, Ba3)

 

04/15/14

 

8.500

 

878,625

 

675

 

CSC Holdings, Inc., Rule 144A, Senior Unsecured Notes‡

 

(BB, Ba3)

 

02/15/19

 

8.625

 

739,125

 

275

 

CSC Holdings, Inc., Rule 144A, Senior Unsecured Notes (Callable 06/15/12 @ $104.25)‡

 

(BB, Ba3)

 

06/15/15

 

8.500

 

292,187

 

700

 

DISH DBS Corp., Global Company Guaranteed Notes

 

(BB-, Ba3)

 

10/01/14

 

6.625

 

696,500

 

1,650

 

DISH DBS Corp., Global Company Guaranteed Notes

 

(BB-, Ba3)

 

09/01/19

 

7.875

 

1,711,875

 

175

 

Mediacom Broadband Corp., Global Senior Unsecured Notes (Callable 10/15/10 @ $104.25)

 

(B-, B3)

 

10/15/15

 

8.500

 

174,563

 

850

 

Mediacom Capital Corp., Rule 144A, Senior Notes (Callable 08/15/14 @ $104.56)‡

 

(B-, B3)

 

08/15/19

 

9.125

 

854,250

 

 

 

 

 

 

 

 

 

 

 

9,492,010

 

Media - Diversified (0.4%)

 

 

 

 

 

 

 

 

 

600

 

Block Communications, Inc., Rule 144A, Senior Notes (Callable 12/15/10 @ $104.13)‡

 

(B, B1)

 

12/15/15

 

8.250

 

597,000

 

 

 

 

 

 

 

 

 

 

 

Media - Services (1.0%)

 

 

 

 

 

 

 

 

 

450

 

Nielsen Finance Co., Global Company Guaranteed Notes (Callable 05/01/13 @ $105.75)

 

(B-, Caa1)

 

05/01/16

 

11.500

 

506,250

 

575

 

WMG Acquisition Corp., Global Company Guaranteed Notes (Callable 04/15/10 @ $102.46)

 

(B, B1)

 

04/15/14

 

7.375

 

560,625

 

400

 

WMG Acquisition Corp., Rule 144A, Senior Secured Notes (Callable 06/15/13 @ $104.75)‡

 

(BB, Ba2)

 

06/15/16

 

9.500

 

431,000

 

 

 

 

 

 

 

 

 

 

 

1,497,875

 

Metals & Mining - Excluding Steel (1.4%)

 

 

 

 

 

 

 

 

 

225

 

Aleris International, Inc., Global Company Guaranteed Notes (Callable 12/15/10 @ $104.50)ø

 

(D, NR)

 

12/15/14

 

9.000

 

2,813

 

1,100

 

Aleris International, Inc., Global Company Guaranteed Notes (Callable 12/15/11 @ $105.00)ø

 

(D, NR)

 

12/15/16

 

10.000

 

13,750

 

475

 

Freeport-McMoRan Copper & Gold, Inc., Senior Unsecured Notes (Callable 04/01/11 @ $104.13)

 

(BBB-, Ba2)

 

04/01/15

 

8.250

 

514,731

 

1,507

 

Noranda Aluminium Acquisition Corp., Global Company Guaranteed Notes (Callable 05/15/10 @ $100.00)#

 

(D, Caa1)

 

05/15/15

 

5.274

 

1,179,613

 

525

 

Novelis, Inc., Company Guaranteed Notes (Callable 08/15/12 @ $108.62)

 

(B-, NR)

 

02/15/15

 

11.500

 

570,937

 

 

 

 

 

 

 

 

 

 

 

2,281,844

 

Oil Field Equipment & Services (3.1%)

 

 

 

 

 

 

 

 

 

550

 

Bristow Group, Inc., Global Company Guaranteed Notes (Callable 09/15/12 @ $103.75)

 

(BB, Ba2)

 

09/15/17

 

7.500

 

556,875

 

1,025

 

Calfrac Holdings LP, Rule 144A, Company Guaranteed Notes (Callable 02/15/11 @ $103.88)‡

 

(B+, B2)

 

02/15/15

 

7.750

 

1,004,500

 

 



 

Par
(000)

 

 

 

Ratings
(S&P/Moody’s)

 

Maturity

 

Rate%

 

Value

 

 

 

 

 

 

 

 

 

 

 

U.S. CORPORATE BONDS

 

 

 

 

 

 

 

 

 

Oil Field Equipment & Services

 

 

 

 

 

 

 

 

 

$

750

 

Edgen Murray Corp., Rule 144A, Senior Secured Notes (Callable 01/15/13 @ $106.13)‡

 

(B, Caa1)

 

01/15/15

 

12.250

 

$

720,000

 

550

 

Helix Energy Solutions Group, Inc., Rule 144A, Company Guaranteed Notes (Callable 01/15/12 @ $104.75)‡

 

(B, B3)

 

01/15/16

 

9.500

 

566,500

 

300

 

Hornbeck Offshore Services, Inc., Rule 144A, Senior Notes (Callable 09/01/13 @ $104.00)‡

 

(BB-, Ba3)

 

09/01/17

 

8.000

 

304,500

 

350

 

Hornbeck Offshore Services, Inc., Series B, Global Company Guaranteed Notes (Callable 12/01/10 @ $102.04)

 

(BB-, Ba3)

 

12/01/14

 

6.125

 

335,125

 

450

 

Key Energy Services, Inc., Global Company Guaranteed Notes (Callable 12/01/11 @ $104.19)

 

(BB-, B1)

 

12/01/14

 

8.375

 

452,250

 

650

 

McJunkin Red Man Corp., Rule 144A, Senior Secured Notes (Callable 12/15/12 @ $107.13)‡

 

(B, B3)

 

12/15/16

 

9.500

 

651,625

 

200

 

Pride International, Inc., Senior Unsecured Notes

 

(BBB-, Ba1)

 

06/15/19

 

8.500

 

230,000

 

 

 

 

 

 

 

 

 

 

 

4,821,375

 

Oil Refining & Marketing (0.4%)

 

 

 

 

 

 

 

 

 

750

 

Western Refining, Inc., Rule 144A, Senior Secured Notes (Callable 12/15/11 @ $105.00)#‡

 

(BB-, B3)

 

06/15/14

 

10.750

 

686,250

 

 

 

 

 

 

 

 

 

 

 

Packaging (2.1%)

 

 

 

 

 

 

 

 

 

880

 

Berry Plastics Corp., Global Secured Notes (Callable 09/15/10 @ $104.44)

 

(CCC, Caa1)

 

09/15/14

 

8.875

 

853,600

 

725

 

GPC Capital Corp. I, Global Company Guaranteed Notes (Callable 10/15/10 @ $103.29)

 

(CCC+, Caa1)

 

10/15/14

 

9.875

 

749,469

 

1,000

 

GPC Capital Corp. I, Rule 144A, Senior Notes (Callable 01/01/14 @ $104.13)‡

 

(CCC+, Caa1)

 

01/01/17

 

8.250

 

1,020,000

 

500

 

Pregis Corp., Senior Secured Notes, Rule 144A‡#

 

(B+, B2)

 

04/15/13

 

5.684

 

632,428

 

 

 

 

 

 

 

 

 

 

 

3,255,497

 

Pharmaceuticals (0.4%)

 

 

 

 

 

 

 

 

 

550

 

QHP Royalty Sub LLC, Rule 144A, Senior Secured Notes‡

 

(NR, NR)

 

03/15/15

 

10.250

 

562,310

 

 

 

 

 

 

 

 

 

 

 

Printing & Publishing (2.0%)

 

 

 

 

 

 

 

 

 

950

 

Cengage Learning Acquisitions, Inc., Rule 144A, Senior Notes (Callable 07/15/11 @ $105.25)‡

 

(CCC+, Caa2)

 

01/15/15

 

10.500

 

923,875

 

1,000

 

Cenveo Corp., Global Senior Subordinated Notes (Callable 12/01/10 @ $101.31)

 

(B-, Caa1)

 

12/01/13

 

7.875

 

960,000

 

525

 

Cenveo Corp., Rule 144A, Senior Secured Notes (Callable 02/01/14 @ $104.44)‡

 

(B, B2)

 

02/01/18

 

8.875

 

521,330

 

1,800

 

The Reader’s Digest Association, Inc., Global Company Guaranteed Notes (Callable 02/15/12 @ $104.50)ø

 

(D, NR)

 

02/15/17

 

9.000

 

27,180

 

785

 

Valassis Communications, Inc., Global Company Guaranteed Notes (Callable 03/01/11 @ $104.13)

 

(B-, B3)

 

03/01/15

 

8.250

 

785,000

 

 

 

 

 

 

 

 

 

 

 

3,217,385

 

Railroads (0.4%)

 

 

 

 

 

 

 

 

 

600

 

Kansas City Southern Railway, Company Guaranteed Notes (Callable 06/01/12 @ $104.00)

 

(B+, B2)

 

06/01/15

 

8.000

 

620,250

 

 

 

 

 

 

 

 

 

 

 

Restaurants (0.3%)

 

 

 

 

 

 

 

 

 

525

 

Denny’s Holdings, Inc., Global Company Guaranteed Notes (Callable 10/01/10 @ $100.00)

 

(B-, Caa1)

 

10/01/12

 

10.000

 

538,125

 

 

 

 

 

 

 

 

 

 

 

Software/Services (3.1%)

 

 

 

 

 

 

 

 

 

750

 

First Data Corp., Global Company Guaranteed Notes (Callable 09/30/11 @ $104.94)

 

(B-, Caa1)

 

09/24/15

 

9.875

 

673,125

 

1,050

 

SunGard Data Systems, Inc., Global Company Guaranteed Notes (Callable 08/15/10 @ $105.13)

 

(B-, Caa1)

 

08/15/15

 

10.250

 

1,094,625

 

525

 

Unisys Corp., Rule 144A, Senior Secured Notes (Callable 10/15/12 @ $106.38)‡

 

(BB-, Ba3)

 

10/15/14

 

12.750

 

611,625

 

1,150

 

Unisys Corp., Senior Unsecured Notes (Callable 01/15/12 @ $106.25)

 

(B, Caa1)

 

01/15/16

 

12.500

 

1,219,000

 

1,475

 

Vangent, Inc., Global Company Guaranteed Notes (Callable 02/15/11 @ $104.81)

 

(CCC+, Caa2)

 

02/15/15

 

9.625

 

1,371,750

 

 

 

 

 

 

 

 

 

 

 

4,970,125

 

 



 

Par
(000)

 

 

 

Ratings
(S&P/Moody’s)

 

Maturity

 

Rate%

 

Value

 

 

 

 

 

 

 

 

 

 

 

U.S. CORPORATE BONDS

 

 

 

 

 

 

 

 

 

Specialty Retail (3.2%)

 

 

 

 

 

 

 

 

 

$

600

 

Asbury Automotive Group, Inc., Global Company Guaranteed Notes (Callable 03/15/12 @ $103.81)

 

(B-, Caa1)

 

03/15/17

 

7.625

 

$

576,000

 

1,350

 

Brookstone Co., Inc., Global Senior Secured Notes (Callable 10/15/10 @ $103.00)

 

(CCC-, Caa3)

 

10/15/12

 

12.000

 

958,500

 

490

 

Michaels Stores, Inc., Global Company Guaranteed Notes (Callable 11/01/10 @ $105.00)

 

(CCC, Caa2)

 

11/01/14

 

10.000

 

497,350

 

645

 

Michaels Stores, Inc., Global Company Guaranteed Notes (Callable 11/01/11 @ $105.69)§

 

(CCC, Caa3)

 

11/01/16

 

11.375

 

674,025

 

600

 

SGS International, Inc., Global Company Guaranteed Notes (Callable 12/15/10 @ $103.00)

 

(B-, B3)

 

12/15/13

 

12.000

 

631,500

 

520

 

Susser Finance Corp., Global Company Guaranteed Notes (Callable 12/15/10 @ $102.66)

 

(B+, B3)

 

12/15/13

 

10.625

 

544,050

 

600

 

The Neiman Marcus Group, Inc., Global Company Guaranteed Notes (Callable 10/15/10 @ $105.19)§

 

(CCC+, Caa3)

 

10/15/15

 

10.375

 

591,000

 

460

 

Yankee Acquisition Corp., Series B, Global Company Guaranteed Notes (Callable 02/15/11 @ $104.25)

 

(B-, B3)

 

02/15/15

 

8.500

 

462,300

 

 

 

 

 

 

 

 

 

 

 

4,934,725

 

Steel Producers/Products (1.8%)

 

 

 

 

 

 

 

 

 

800

 

California Steel Industries, Inc., Global Senior Notes (Callable 03/04/10 @ $103.06)

 

(BB-, B1)

 

03/15/14

 

6.125

 

764,000

 

700

 

Ryerson, Inc., Global Senior Secured Notes (Callable 11/01/11 @ $106.00)

 

(CCC+, Caa1)

 

11/01/15

 

12.000

 

729,750

 

745

 

Steel Dynamics, Inc., Global Senior Unsecured Notes (Callable 04/15/12 @ $103.88)

 

(BB+, Ba2)

 

04/15/16

 

7.750

 

765,487

 

525

 

Tube City IMS Corp., Global Company Guaranteed Notes (Callable 02/01/11 @ $104.88)

 

(B-, Caa1)

 

02/01/15

 

9.750

 

522,375

 

 

 

 

 

 

 

 

 

 

 

2,781,612

 

Support-Services (3.8%)

 

 

 

 

 

 

 

 

 

800

 

Ashtead Capital, Inc., Rule 144A, Secured Notes (Callable 08/15/11 @ $104.50)‡

 

(B+, B2)

 

08/15/16

 

9.000

 

812,000

 

525

 

DynCorp International, Series B, Global Senior Subordinated Notes (Callable 02/15/10 @ $102.38)

 

(B+, B1)

 

02/15/13

 

9.500

 

534,187

 

500

 

Iron Mountain, Inc., Senior Subordinated Notes (Callable 08/15/14 @ $104.19)

 

(B+, B2)

 

08/15/21

 

8.375

 

521,250

 

250

 

JohnsonDiversey Holdings, Inc., Rule 144A, Senior Unsecured Notes (Callable 11/15/14 @ $104.13)‡

 

(B-, B3)

 

11/15/19

 

8.250

 

260,625

 

750

 

Mobile Mini, Inc., Global Company Guaranteed Notes (Callable 08/01/10 @ $104.88)

 

(B+, B2)

 

08/01/14

 

9.750

 

783,750

 

475

 

Sotheby’s, Global Company Guaranteed Notes

 

(B, B1)

 

06/15/15

 

7.750

 

470,250

 

600

 

The Hertz Corp., Global Company Guaranteed Notes (Callable 01/01/11 @ $105.25)

 

(CCC+, B3)

 

01/01/16

 

10.500

 

631,500

 

1,150

 

Travelport LLC, Global Company Guaranteed Notes (Callable 09/01/11 @ $105.94)§

 

(CCC, Caa1)

 

09/01/16

 

11.875

 

1,267,875

 

475

 

United Rentals North America, Inc., Global Company Guaranteed Notes (Callable 02/15/10 @ $102.33)

 

(CCC+, Caa1)

 

02/15/14

 

7.000

 

444,719

 

300

 

United Rentals North America, Inc., Global Company Guaranteed Notes (Callable 06/15/13 @ $105.44)

 

(B, B3)

 

06/15/16

 

10.875

 

328,875

 

 

 

 

 

 

 

 

 

 

 

6,055,031

 

Telecom - Integrated/Services (5.9%)

 

 

 

 

 

 

 

 

 

400

 

Cincinnati Bell, Inc., Global Company Guaranteed Notes (Callable 01/15/11 @ $101.40)

 

(B-, B2)

 

01/15/14

 

8.375

 

405,000

 

250

 

Cincinnati Bell, Inc., Global Company Guaranteed Notes (Callable 02/15/10 @ $103.50)

 

(B+, Ba3)

 

02/15/15

 

7.000

 

244,375

 

525

 

Frontier Communications Corp., Senior Unsecured Notes

 

(BB, Ba2)

 

10/01/18

 

8.125

 

531,563

 

700

 

HNS Finance Corp., Global Company Guaranteed Notes (Callable 04/15/10 @ $104.75)

 

(B, B1)

 

04/15/14

 

9.500

 

719,250

 

2,075

 

Intelsat Corp., Global Senior Unsecured Notes (Callable 08/15/10 @ $103.13)

 

(BB-, B3)

 

08/15/14

 

9.250

 

2,126,875

 

1,375

 

Level 3 Financing, Inc., Global Company Guaranteed Notes (Callable 02/15/10 @ $101.00)#

 

(CCC, Caa1)

 

02/15/15

 

4.601

 

1,096,562

 

325

 

Level 3 Financing, Inc., Rule 144A, Company Guaranteed Notes (Callable 02/01/14 @ $105.00)‡

 

(CCC, Caa1)

 

02/01/18

 

10.000

 

305,500

 

 



 

Par
(000)

 

 

 

Ratings
(S&P/Moody’s)

 

Maturity

 

Rate%

 

Value

 

 

 

 

 

 

 

 

 

 

 

U.S. CORPORATE BONDS

 

 

 

 

 

 

 

 

 

Telecom - Integrated/Services

 

 

 

 

 

 

 

 

 

$

1,050

 

Paetec Holding Corp., Global Company Guaranteed Notes (Callable 07/15/11 @ $104.75)

 

(CCC+, Caa1)

 

07/15/15

 

9.500

 

$

1,021,125

 

525

 

Qwest Communications International, Inc., Rule 144A, Company Guaranteed Notes (Callable 10/01/12 @ $104.00)‡

 

(B+, Ba3)

 

10/01/15

 

8.000

 

546,000

 

1,250

 

Qwest Communications International, Inc., Series B, Global Company Guaranteed Notes (Callable 02/15/10 @ $102.50)

 

(B+, Ba3)

 

02/15/14

 

7.500

 

1,264,062

 

550

 

Windstream Corp., Global Company Guaranteed Notes (Callable 08/01/11 @ $104.31)

 

(BB-, Ba3)

 

08/01/16

 

8.625

 

567,188

 

550

 

Windstream Corp., Rule 144A, Company Guaranteed Notes‡

 

(BB-, Ba3)

 

11/01/17

 

7.875

 

545,875

 

 

 

 

 

 

 

 

 

 

 

9,373,375

 

Telecom - Wireless (4.0%)

 

 

 

 

 

 

 

 

 

650

 

Cricket Communications, Inc., Global Company Guaranteed Notes (Callable 11/01/10 @ $104.69)§

 

(B-, B3)

 

11/01/14

 

9.375

 

650,000

 

250

 

Cricket Communications, Inc., Global Senior Secured Notes (Callable 05/15/12 @ $105.81)

 

(B+, Ba2)

 

05/15/16

 

7.750

 

252,812

 

1,000

 

GeoEye, Inc., Rule 144A, Senior Secured Notes (Callable 10/01/13 @ $104.81)‡

 

(B, B1)

 

10/01/15

 

9.625

 

1,025,000

 

675

 

MetroPCS Wireless, Inc., Global Company Guaranteed Notes (Callable 11/01/10 @ $104.63)

 

(B, B3)

 

11/01/14

 

9.250

 

682,594

 

2,648

 

Nextel Communications, Inc., Series F, Company Guaranteed Notes (Callable 03/15/10 @ $101.49)

 

(BB, Ba2)

 

03/15/14

 

5.950

 

2,356,720

 

1,525

 

Sprint Nextel Corp., Senior Unsecured Notes

 

(BB, Ba3)

 

12/01/16

 

6.000

 

1,334,375

 

 

 

 

 

 

 

 

 

 

 

6,301,501

 

Textiles & Apparel (0.4%)

 

 

 

 

 

 

 

 

 

550

 

Levi Strauss & Co., Global Senior Notes (Callable 01/15/11 @ $103.25)

 

(B+, B2)

 

01/15/15

 

9.750

 

577,500

 

 

 

 

 

 

 

 

 

 

 

Theaters & Entertainment (1.2%)

 

 

 

 

 

 

 

 

 

1,125

 

AMC Entertainment, Inc., Global Company Guaranteed Notes (Callable 03/01/10 @ $102.67)

 

(CCC+, Caa1)

 

03/01/14

 

8.000

 

1,108,125

 

750

 

AMC Entertainment, Inc., Global Senior Unsecured Notes (Callable 06/01/14 @ $104.38)

 

(B-, B1)

 

06/01/19

 

8.750

 

780,000

 

 

 

 

 

 

 

 

 

 

 

1,888,125

 

Tobacco (0.3%)

 

 

 

 

 

 

 

 

 

500

 

Alliance One International, Inc., Rule 144A, Senior Unsecured Notes (Callable 07/15/13 @ $105.00)‡

 

(B+, B2)

 

07/15/16

 

10.000

 

532,500

 

 

 

 

 

 

 

 

 

 

 

Transportation - Excluding Air/Rail (0.3%)

 

 

 

 

 

 

 

 

 

525

 

Teekay Corp., Senior Unsecured Notes

 

(BB, B1)

 

01/15/20

 

8.500

 

535,500

 

TOTAL U.S. CORPORATE BONDS (Cost $183,004,894)

 

 

 

 

 

 

 

176,702,716

 

 

 

 

 

 

 

 

 

 

 

FOREIGN CORPORATE BONDS (11.5%)

 

 

 

 

 

 

 

 

 

Aerospace & Defense (0.3%)

 

 

 

 

 

 

 

 

 

400

 

Bombardier, Inc., Rule 144A, Senior Unsecured Notes (Canada)‡

 

(BB+, Ba2)

 

05/01/14

 

6.300

 

404,000

 

 

 

 

 

 

 

 

 

 

 

Chemicals (1.2%)

 

 

 

 

 

 

 

 

 

1,150

 

Cognis GMBH, Rule 144A, Senior Secured Notes (Germany)#‡

 

(B-, B2)

 

09/15/13

 

2.254

 

1,092,500

 

1,175

 

Ineos Group Holdings PLC, Rule 144A, Secured Notes (Callable 02/15/11 @ $104.25) (United Kingdom)‡

 

(CCC-, Caa3)

 

02/15/16

 

8.500

 

793,125

 

 

 

 

 

 

 

 

 

 

 

1,885,625

 

Computer Hardware (0.2%)

 

 

 

 

 

 

 

 

 

325

 

Seagate Technology International, Rule 144A, Secured Notes (Callable 05/01/13 @ $105.00) (Cayman Islands)‡

 

(BB+, Ba1)

 

05/01/14

 

10.000

 

373,750

 

 

 

 

 

 

 

 

 

 

 

Electronics (0.5%)

 

 

 

 

 

 

 

 

 

650

 

Avago Technologies Finance, Global Company Guaranteed Notes (Callable 12/01/10 @ $105.94) (Singapore)

 

(B+, Ba3)

 

12/01/15

 

11.875

 

723,125

 

1,000

 

New Asat, Ltd., Global Company Guaranteed Notes (Callable 02/01/10 @ $100.00) (Cayman Islands)ø

 

(NR, NR)

 

02/01/11

 

9.250

 

1,250

 

 



 

Par
(000)

 

 

 

Ratings
(S&P/Moody’s)

 

Maturity

 

Rate%

 

Value

 

 

 

 

 

 

 

 

 

 

 

FOREIGN CORPORATE BONDS

 

 

 

 

 

 

 

 

 

Electronics

 

 

 

 

 

 

 

 

 

$

50

 

NXP Funding LLC, Series EXCH, Global Senior Secured Notes (Callable 10/15/10 @ $103.94) (Netherlands)

 

(CC, C)

 

10/15/14

 

7.875

 

$

44,750

 

 

 

 

 

 

 

 

 

 

 

769,125

 

Energy - Exploration & Production (0.5%)

 

 

 

 

 

 

 

 

 

875

 

OPTI Canada, Inc., Global Senior Secured Notes (Callable 12/15/10 @ $104.13) (Canada)

 

(B, Caa3)

 

12/15/14

 

8.250

 

774,375

 

 

 

 

 

 

 

 

 

 

 

Environmental (0.4%)

 

 

 

 

 

 

 

 

 

650

 

Waste Services, Inc., Global Senior Subordinated Notes (Callable 04/15/10 @ $103.17) (Canada)

 

(B-, Caa1)

 

04/15/14

 

9.500

 

676,000

 

 

 

 

 

 

 

 

 

 

 

Forestry & Paper (1.4%)

 

 

 

 

 

 

 

 

 

2,325

 

Abitibi-Consolidated Co. of Canada, Global Company Guaranteed Notes (Canada)ø

 

(NR, NR)

 

06/15/11

 

7.750

 

511,500

 

500

 

Smurfit Kappa Acquisitions, Rule 144A, Senior Secured Notes (Callable 11/15/13 @ $103.63) (Ireland)‡

 

(BB, Ba2)

 

11/15/17

 

7.250

 

691,500

 

1,000

 

Smurfit Kappa Funding PLC, Global Senior Subordinated Notes (Callable 03/04/10 @ $103.88) (Ireland)

 

(B, B2)

 

04/01/15

 

7.750

 

980,000

 

 

 

 

 

 

 

 

 

 

 

2,183,000

 

Gaming (1.0%)

 

 

 

 

 

 

 

 

 

600

 

Codere Finance Luxembourg SA, Rule 144A, Senior Secured Notes (Callable 06/15/10 @ $104.13) (Luxembourg)‡

 

(B, B2)

 

06/15/15

 

8.250

 

759,956

 

600

 

Peermont Global Proprietary, Ltd., Rule 144A, Senior Secured Notes (Callable 04/30/10 @ $105.81) (South Africa)‡

 

(B, B3)

 

04/30/14

 

7.750

 

752,658

 

 

 

 

 

 

 

 

 

 

 

1,512,614

 

Media - Cable (0.9%)

 

 

 

 

 

 

 

 

 

325

 

Unitymedia GmbH, Rule 144A, Senior Secured Notes (Callable 02/15/10 @ $105.06) (Germany)‡

 

(B+, B2)

 

02/15/15

 

10.125

 

477,708

 

200

 

UPC Germany GmbH, Rule 144A, Senior Secured Notes (Callable 12/01/12 @ $108.22) (Germany)‡

 

(BB-, B1)

 

12/01/17

 

8.125

 

284,940

 

86

 

Virgin Media Finance PLC, Global Company Guaranteed Notes (Callable 04/15/10 @ $103.25) (United Kingdom)

 

(B, B2)

 

04/15/14

 

9.750

 

143,730

 

150

 

Virgin Media Finance PLC, Global Company Guaranteed Notes (Callable 08/15/11 @ $104.56) (United Kingdom)

 

(B, B2)

 

08/15/16

 

9.125

 

156,750

 

300

 

Virgin Media Finance PLC, Global Company Guaranteed Notes (Callable 10/15/14 @ $104.19) (United Kingdom)

 

(B, B2)

 

10/15/19

 

8.375

 

309,000

 

 

 

 

 

 

 

 

 

 

 

1,372,128

 

Media - Diversified (0.4%)

 

 

 

 

 

 

 

 

 

600

 

Quebecor Media, Inc., Global Senior Unsecured Notes (Callable 03/15/11 @ $103.88) (Canada)

 

(B, B2)

 

03/15/16

 

7.750

 

603,000

 

 

 

 

 

 

 

 

 

 

 

Metals & Mining - Excluding Steel (1.1%)

 

 

 

 

 

 

 

 

 

200

 

Teck Resources, Ltd., Global Senior Secured Notes (Callable 05/15/13 @ $105.13) (Canada)

 

(BB+, Ba2)

 

05/15/16

 

10.250

 

229,500

 

875

 

Teck Resources, Ltd., Global Senior Secured Notes (Callable 05/15/14 @ $105.38) (Canada)

 

(BB+, Ba2)

 

05/15/19

 

10.750

 

1,034,688

 

450

 

Teck Resources, Ltd., Global Senior Secured Notes (Canada)

 

(BB+, Ba2)

 

05/15/14

 

9.750

 

516,375

 

 

 

 

 

 

 

 

 

 

 

1,780,563

 

Oil Field Equipment & Services (0.3%)

 

 

 

 

 

 

 

 

 

475

 

Cie Generale de Geophysique-Veritas, Global Company Guaranteed Notes (Callable 05/15/10 @ $103.75) (France)

 

(BB, Ba3)

 

05/15/15

 

7.500

 

473,813

 

 

 

 

 

 

 

 

 

 

 

Packaging (0.2%)

 

 

 

 

 

 

 

 

 

275

 

Impress Holdings BV, Rule 144A, Company Guaranteed Notes (Callable 09/15/10 @ $104.63) (Netherlands)‡

 

(NR, NR)

 

09/15/14

 

9.250

 

398,481

 

 



 

Par
(000)

 

 

 

Ratings
(S&P/Moody’s)

 

Maturity

 

Rate%

 

Value

 

 

 

 

 

 

 

 

 

 

 

FOREIGN CORPORATE BONDS

 

 

 

 

 

 

 

 

 

Telecom - Integrated/Services (1.2%)

 

 

 

 

 

 

 

 

 

$

1,507

 

Global Crossing UK Finance PLC, Global Senior Secured Notes (Callable 12/15/10 @ $103.58) (United Kingdom)

 

(B-, B3)

 

12/15/14

 

10.750

 

$

1,554,094

 

550

 

Hellas Telecommunications II SCA, Rule 144A, Subordinated Notes (Luxembourg)#ø‡

 

(NR, C)

 

01/15/15

 

6.034

 

19,250

 

350

 

Intelsat Jackson Holdings Ltd. Rule 144A (Bermuda)‡

 

(B+, B3)

 

11/01/19

 

8.500

 

359,625

 

25

 

Intelsat Subsidiary Holding Co., Ltd., Global Company Guaranteed Notes (Callable 01/15/11 @ $102.96) (Bermuda)

 

(B+, B3)

 

01/15/15

 

8.875

 

25,750

 

 

 

 

 

 

 

 

 

 

 

1,958,719

 

Telecom - Wireless (0.4%)

 

 

 

 

 

 

 

 

 

400

 

Wind Acquisition Finance SA, Rule 144A, Company Guaranteed Notes (Callable 07/15/13 @ $105.88) (Luxembourg)‡

 

(B+, B2)

 

07/15/17

 

11.750

 

599,069

 

 

 

 

 

 

 

 

 

 

 

Textiles & Apparel (0.0%)

 

 

 

 

 

 

 

 

 

75

 

IT Holding Finance SA, Rule 144A, Company Guaranteed Notes (Luxembourg)ø‡

 

(NR, NR)

 

11/15/12

 

9.875

 

18,764

 

 

 

 

 

 

 

 

 

 

 

Transportation - Excluding Air/Rail (1.5%)

 

 

 

 

 

 

 

 

 

1,250

 

Navios Maritime Holdings, Inc., Global Company Guaranteed Notes (Callable 12/15/10 @ $104.75) (Marshall Islands)

 

(B+, B3)

 

12/15/14

 

9.500

 

1,248,437

 

1,075

 

Ship Finance International, Ltd., Global Company Guaranteed Notes (Callable 12/15/10 @ $102.83) (Bermuda)

 

(B+, B1)

 

12/15/13

 

8.500

 

1,054,844

 

 

 

 

 

 

 

 

 

 

 

2,303,281

 

TOTAL FOREIGN CORPORATE BONDS (Cost $19,873,055)

 

 

 

 

 

 

 

18,086,307

 

 

 

 

 

 

 

 

 

 

 

BANK LOANS (1.8%)

 

 

 

 

 

 

 

 

 

Electronics (0.6%)

 

 

 

 

 

 

 

 

 

1,069

 

AVAYA, Inc.

 

(NR, NR)

 

10/24/14

 

2.750

 

957,496

 

 

 

 

 

 

 

 

 

 

 

Energy - Exploration & Production (0.7%)

 

 

 

 

 

 

 

 

 

1,159

 

ATP Oil & Gas

 

(NR, NR)

 

07/15/14

 

5.750

 

1,161,817

 

 

 

 

 

 

 

 

 

 

 

Gaming (0.3%)

 

 

 

 

 

 

 

 

 

489

 

CCM Merger, Inc.

 

(NR, NR)

 

07/21/12

 

8.500

 

481,938

 

 

 

 

 

 

 

 

 

 

 

Pharmaceuticals (0.2%)

 

 

 

 

 

 

 

 

 

434

 

Nycomed Holdings Aps

 

(NR, NR)

 

12/29/13

 

7.350

 

403,197

 

TOTAL BANK LOANS (Cost $2,484,207)

 

 

 

 

 

 

 

3,004,448

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of
Shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

COMMON STOCKS (0.4%)

 

 

 

 

 

 

 

 

 

Banks (0.3%)

 

 

 

 

 

 

 

 

 

13,710

 

CIT Group, Inc.*

 

 

 

 

 

 

 

436,252

 

Building Products (0.0%)

 

 

 

 

 

 

 

 

 

437

 

Nortek, Inc.*

 

 

 

 

 

 

 

17,043

 

Chemicals (0.1%)

 

 

 

 

 

 

 

 

 

4,893

 

Huntsman Corp.

 

 

 

 

 

 

 

59,646

 

Printing & Publishing (0.0%)

 

 

 

 

 

 

 

 

 

1,321

 

SuperMedia, Inc.*§

 

 

 

 

 

 

 

47,965

 

TOTAL COMMON STOCKS (Cost $1,849,547)

 

 

 

 

 

 

 

560,906

 

 

 

 

 

 

 

 

 

 

 

 

 

PREFERRED STOCKS (0.2%)

 

 

 

 

 

 

 

 

 

Banks (0.2%)

 

 

 

 

 

 

 

 

 

473

 

GMAC, Inc., Rule 144A (Callable 12/31/11 @ $1,000)‡

 

 

 

 

 

338,077

 

Media - Broadcast (0.0%)

 

 

 

 

 

 

 

 

 

17,257

 

CMP Susquehanna Radio Holdings Corp., Rule 144A, Series A*‡

 

 

 

 

 

17

 

TOTAL PREFERRED STOCKS (Cost $98,995)

 

 

 

 

 

 

 

338,094

 

 



 

Number of
Shares

 

 

 

 

 

 

 

 

 

Value

 

 

 

 

 

 

 

 

 

 

 

 

 

WARRANTS (0.0%)

 

 

 

 

 

 

 

 

 

Building Products (0.0%)

 

 

 

 

 

 

 

 

 

1,152

 

Nortek, Inc., strike price $1.00, expires 12/07/14*^

 

 

 

 

 

 

 

$

 1,152

 

Diversified Financial Services (0.0%)

 

 

 

 

 

 

 

 

 

19,721

 

CNB Capital Trust I, Rule 144A, strike price $0.00, expires 03/23/19*‡

 

 

 

 

 

20

 

Media - Cable (0.0%)

 

 

 

 

 

 

 

 

 

1,776

 

Charter Communications, Inc., strike price $5.00, expires 11/30/14*

 

 

 

 

 

12,476

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL WARRANTS (Cost $10,032)

 

 

 

 

 

 

 

13,648

 

 

 

 

 

 

 

 

 

 

 

 

 

SHORT-TERM INVESTMENT (5.8%)

 

 

 

 

 

 

 

 

 

9,201,582

 

State Street Navigator Prime Portfolio§§ (Cost $9,201,582)

 

 

 

 

 

9,201,582

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL INVESTMENTS AT VALUE (131.6%) (Cost $216,522,312)

 

 

 

 

 

207,907,701

 

 

 

 

 

 

 

 

 

 

 

 

 

LIABILITIES IN EXCESS OF OTHER ASSETS (-31.6%)

 

 

 

 

 

 

 

(49,957,126

)

 

 

 

 

 

 

 

 

 

 

 

 

NET ASSETS (100.0%)

 

 

 

 

 

 

 

$

157,950,575

 

 

Forward Foreign Currency
to be Purchased (Local)

 

Forward Foreign Currency
to be Sold (Local)

 

Expiration
Date

 

Value on
Settlement Date

 

Current
Value

 

Unrealized
Appreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Open Forward Foreign Currency Contracts

 

USD

 

5,461,840

 

EUR

 

3,768,000

 

04/15/10

 

$

(5,461,840

)

$

(5,236,367

)

$

225,473

 

USD

 

146,923

 

GBP

 

90,000

 

04/15/10

 

(146,923

)

(144,141

)

2,782

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

$

228,255

 

 

INVESTMENT ABBREVIATION

NR=Not Rated

 


Credit ratings given by the Standard & Poor’s Division of The McGraw-Hill Companies, Inc. (“S&P”) and Moody’s Investors Service, Inc. (“Moody’s”) are unaudited.

Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At January 31, 2010, these securities amounted to a value of $53,578,874 or 33.9% of net assets.

#

Variable rate obligations — The interest rate is the rate as of January 31, 2010.

+

Step Bond — The interest rate is as of January 31, 2010 and will reset at a future date.

ø

Bond is currently in default.

*

Non-income producing security.

^

Not readily marketable security; security is valued at fair value as determined in good faith by, or under the direction of, the Board of Trustees.

§

Security or portion thereof is out on loan.

§§

Represents security purchased with cash collateral received for securities on loan.

 

 

Currency Abbreviations:

EUR -

Euro Currency

GBP -

British Pound

USD -

United States Dollar

 

Security Valuation — The net asset value of the Fund is determined daily as of the close of regular trading on the New York Stock Exchange, Inc. (the “Exchange”) on each day the Exchange is open for business. Debt securities with a remaining maturity greater than 60 days are valued in accordance with the price supplied by a pricing service, which may use a matrix, formula or other objective method that takes into consideration market indices, yield curves and other specific adjustments. Debt obligations that will mature in 60 days or less are valued on the basis of amortized cost, which approximates market value, unless it is determined that using this method would not represent fair value. Equity investments are valued at market value, which is generally determined using the closing price on the exchange or market on which the security is primarily traded at the time of valuation (the “Valuation Time”). If no sales are reported, equity investments are generally valued at the most recent bid quotation as of the Valuation Time or at the lowest asked quotation in the case of a short sale of securities. Investments in mutual funds are valued at the mutual fund’s closing net asset value per share on the day of valuation. Securities and other assets for which market quotations are not readily available, or whose values have been materially affected by events occurring before the Fund’s Valuation Time but after the close of the securities’ primary markets, are valued at fair value as determined in good faith by, or under the direction of, the Board of Trustees under procedures established by the Board of Trustees. At January 31, 2010, the Fund held less than 0.01% of its net assets in securities valued at fair value as determined in good faith under procedures established by the Board of Trustees with an aggregate cost of $1,152 and fair value of $1,152. The Fund’s estimate of fair value assumes a willing buyer and a willing seller neither acting under the compulsion to buy or sell. Although these securities may be resold in privately negotiated transactions, the prices realized on such sales could differ from the prices originally paid by the Fund or the current carrying values, and the difference could be material.

 

In accordance with the authoritative guidance on fair value measurements and disclosures under accounting principles generally accepted in the United States of America (“GAAP”), the Fund discloses the fair value of its investments in a hierarchy that prioritizes the inputs to valuation techniques used to measure the fair value. In accordance with GAAP, fair value is defined as the price that the Fund would receive upon selling an investment in a timely transaction to an independent buyer in the principal or most advantageous market of the investment. GAAP established a three-tier hierarchy to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk, for example, the risk inherent in a particular valuation technique used to measure fair value including such a pricing model and/or the risk inherent in the inputs to the valuation technique. Inputs may be observable or unobservable. Observable inputs are inputs that reflect the

 



 

assumptions market participants would use in pricing the asset or liability developed based on market data obtained from sources independent of the reporting entity. Unobservable inputs are inputs that reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. The three-tier hierarchy of inputs is summarized in the three broad Levels listed below.

 

·

Level 1 — quoted prices in active markets for identical investments

·

Level 2 — other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

·

Level 3 — significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

 

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

 

The following is a summary of the inputs used as of January 31, 2010 in valuing the Fund’s investments carried at value:

 

 

 

Level 1

 

Level 2

 

Level 3

 

Grand Total

 

Investments In Securities

 

 

 

 

 

 

 

 

 

U.S. Corporate Bonds

 

 

 

 

 

 

 

 

 

Aerospace & Defense

 

$

 

$

1,614,000

 

$

 

$

1,614,000

 

Auto Loans

 

 

4,510,853

 

 

4,510,853

 

Auto Parts & Equipment

 

 

3,811,367

 

 

3,811,367

 

Banks

 

 

5,800,093

 

 

5,800,093

 

Beverages

 

 

787,250

 

 

787,250

 

Building & Construction

 

 

2,336,850

 

 

2,336,850

 

Building Materials

 

 

4,965,162

 

 

4,965,162

 

Chemicals

 

 

5,740,392

 

 

5,740,392

 

Computer Hardware

 

 

794,063

 

 

794,063

 

Consumer Products

 

 

1,674,313

 

 

1,674,313

 

Diversified Capital Goods

 

 

6,355,687

 

 

6,355,687

 

Electric - Generation

 

 

9,063,734

 

 

9,063,734

 

Electric - Integrated

 

 

1,964,125

 

 

1,964,125

 

Electronics

 

 

2,925,187

 

 

2,925,187

 

Energy - Exploration & Production

 

 

10,688,938

 

 

10,688,938

 

Environmental

 

 

381,500

 

 

381,500

 

Food & Drug Retailers

 

 

1,484,063

 

 

1,484,063

 

Food - Wholesale

 

 

2,019,219

 

 

2,019,219

 

Forestry & Paper

 

 

5,130,269

 

 

5,130,269

 

Gaming

 

 

11,100,944

 

 

11,100,944

 

Gas Distribution

 

 

5,218,885

 

 

5,218,885

 

Health Facilities

 

 

11,336,237

 

 

11,336,237

 

Health Services

 

 

2,153,938

 

 

2,153,938

 

Hotels

 

 

1,998,063

 

 

1,998,063

 

Household & Leisure Products

 

 

453,938

 

 

453,938

 

Investments & Misc. Financial Services

 

 

651,000

 

 

651,000

 

Leisure

 

 

415,450

 

 

415,450

 

Machinery

 

 

1,466,375

 

 

1,466,375

 

Media - Broadcast

 

 

4,340,906

 

 

4,340,906

 

Media - Cable

 

 

9,492,010

 

 

9,492,010

 

 



 

Media - Diversified

 

 

597,000

 

 

597,000

 

Media - Services

 

 

1,497,875

 

 

1,497,875

 

Metals & Mining - Excluding Steel

 

 

2,281,844

 

 

2,281,844

 

Oil Field Equipment & Services

 

 

4,821,375

 

 

4,821,375

 

Oil Refining & Marketing

 

 

686,250

 

 

686,250

 

Packaging

 

 

3,255,497

 

 

3,255,497

 

Pharmaceuticals

 

 

562,310

 

 

562,310

 

Printing & Publishing

 

 

3,217,385

 

 

3,217,385

 

Railroads

 

 

620,250

 

 

620,250

 

Restaurants

 

 

538,125

 

 

538,125

 

Software/Services

 

 

4,970,125

 

 

4,970,125

 

Specialty Retail

 

 

4,934,725

 

 

4,934,725

 

Steel Producers/Products

 

 

2,781,612

 

 

2,781,612

 

Support-Services

 

 

6,055,031

 

 

6,055,031

 

Telecom - Integrated/Services

 

 

9,373,375

 

 

9,373,375

 

Telecom - Wireless

 

 

6,301,501

 

 

6,301,501

 

Textiles & Apparel

 

 

577,500

 

 

577,500

 

Theaters & Entertainment

 

 

1,888,125

 

 

1,888,125

 

Tobacco

 

 

532,500

 

 

532,500

 

Transportation - Excluding Air/Rail

 

 

535,500

 

 

535,500

 

Foreign Corporate Bonds

 

 

 

 

 

 

 

 

 

Aerospace & Defense

 

 

404,000

 

 

404,000

 

Chemicals

 

 

1,885,625

 

 

1,885,625

 

 



 

Computer Hardware

 

 

373,750

 

 

373,750

 

Electronics

 

 

769,125

 

 

769,125

 

Energy - Exploration & Production

 

 

774,375

 

 

774,375

 

Environmental

 

 

676,000

 

 

676,000

 

Forestry & Paper

 

 

2,183,000

 

 

2,183,000

 

Gaming

 

 

1,512,614

 

 

1,512,614

 

Media - Cable

 

 

1,372,128

 

 

1,372,128

 

Media - Diversified

 

 

603,000

 

 

603,000

 

Metals & Mining - Excluding Steel

 

 

1,780,563

 

 

1,780,563

 

Oil Field Equipment & Services

 

 

473,813

 

 

473,813

 

Packaging

 

 

398,481

 

 

398,481

 

Telecom - Integrated/Services

 

 

1,958,719

 

 

1,958,719

 

Telecom - Wireless

 

 

599,069

 

 

599,069

 

Textiles & Apparel

 

 

18,764

 

 

18,764

 

Transportation - Excluding Air/Rail

 

 

2,303,281

 

 

2,303,281

 

Bank Loans

 

 

 

 

 

 

 

 

 

Electronics

 

 

957,496

 

 

957,496

 

Energy - Exploration & Production

 

 

1,161,817

 

 

1,161,817

 

Gaming

 

 

481,938

 

 

481,938

 

Pharmaceuticals

 

 

403,197

 

 

403,197

 

Common Stocks

 

 

 

 

 

 

 

 

 

Banks

 

436,252

 

 

 

436,252

 

Building Products

 

17,043

 

 

 

17,043

 

Chemicals

 

59,646

 

 

 

59,646

 

Printing & Publishing

 

47,965

 

 

 

47,965

 

Preferred Stocks

 

 

 

 

 

 

 

 

 

Banks

 

 

338,077

 

 

338,077

 

Media - Broadcast

 

 

 

17

 

 

17

 

Warrants

 

 

 

 

 

 

 

 

 

Building Products

 

 

 

1,152

 

1,152

 

Diversified Financial Services

 

 

20

 

 

20

 

Media - Cable

 

12,476

 

 

 

12,476

 

Short-Term Investments

 

9,201,582

 

 

 

9,201,582

 

Other Financial Instruments

 

 

 

 

 

 

 

 

 

Forward Foreign Currency Contracts

 

 

228,255

 

 

228,255

 

 

 

$

9,774,964

 

$

198,359,840

 

$

1,152

 

$

208,135,956

 

 


*Other financial instruments include futures, forwards and swap contracts.

 

As of January 31, 2010, the amounts shown by the Fund as being Level 3 securities that were measured at fair value amounted to less than 0.01% of net assets.

 

Federal Income Tax Cost — At January 31, 2009, the identified cost for federal income tax purposes, as well as the gross unrealized appreciation from investments for those securities having an excess of value over cost, gross unrealized depreciation from investments for those securities having an excess of cost over value and the net unrealized depreciation from investments were $216,522,312, $11,522,905, $(20,137,516) and $(8,614,611) respectively.

 

Other information regarding the Fund is available in the most recent Report to Shareholders. This information is also available on the Fund’s website at www.credit-suisse.com/us as well as on the website of the Securities and Exchange Commission at www.sec.gov.

 



 

Item 2:                   Controls and Procedures

 

(a)           As of a date within 90 days from the filing date of this report, the principal executive officer and principal financial officer concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940 (the “Act”)), were effective based on their evaluation of the disclosure controls and procedures required by Rule 30a-3(b) under the Act and Rules 13a-15(b) or 15d-15(b) under the Securities and Exchange Act of 1934.

 

(b)           There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Act) that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.

 

Item 3:                   Exhibits

 

1.             The certifications of the registrant as required by Rule 30a-2(a) under the Act are exhibits to this report.

 



 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

CREDIT SUISSE HIGH YIELD BOND FUND

 

 

 

/s/John G. Popp

 

Name:

John G. Popp

 

Title:

Chief Executive Officer

 

Date:

March 18, 2010

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

/s/John G. Popp

 

Name:

John G. Popp

 

Title:

Chief Executive Officer

 

Date:

March 18, 2010

 

 

/s/Michael A. Pignataro

 

Name:

Michael A. Pignataro

 

Title:

Chief Financial Officer

 

Date:

March 18, 2010

 

 


EX-99.CERT 2 a10-4819_6ex99dcert.htm EX-99.CERT

Exhibit 99.CERT

 

I, John G. Popp, certify that:

 

1.             I have reviewed this report on Form N-Q of Credit Suisse High Yield Bond Fund;

 

2.             Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3.             Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;

 

4.             The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

 

(a)           Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

(b)           Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

(c)           Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and

 

(d)           Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5.             The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

(a)           All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

 

(b)           Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

Date:       March 18, 2010

 

 

/s/John G. Popp

 

Name:

John G. Popp

 

Title:

Chief Executive Officer

 

 



 

I, Michael A. Pignataro, certify that:

 

1.             I have reviewed this report on Form N-Q of Credit Suisse High Yield Bond Fund;

 

2.             Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3.             Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;

 

4.             The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

 

(a)           Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

(b)           Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

(c)           Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and

 

(d)           Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5.             The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

(a)           All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

 

(b)           Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

Date:       March 18, 2010

 

/s/Michael A. Pignataro

 

Name:

Michael A. Pignataro

 

Title:

Chief Financial Officer

 

 


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