N-Q 1 a09-25816_2nq.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

811-21977

 

 

PowerShares Exchange-Traded Fund Trust II

(Exact name of registrant as specified in charter)

 

301 W. Roosevelt Road, Wheaton IL

 

60187

(Address of principal executive offices)

 

(Zip code)

 

H. Bruce Bond

 301 W. Roosevelt Road

Wheaton, IL 60187

(Name and address of agent for service)

 

Registrant’s telephone number, including area code:

1-800-983-0903

 

 

Date of fiscal year end:

October 31

 

 

 

 

Date of reporting period:

July 31, 2009

 

 

Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5).  The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.

 

A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public.  A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number.  Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609.  The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

 



 

Item 1.   Schedule of Investments.

 

The schedules of investments for the nine-month period ended July 31, 2009 is set forth below.

 



 

 

 

Schedule of Investments

 

 

PowerShares DWA Developed Markets Technical Leaders Portfolio

 

 

July 31, 2009 (Unaudited)

 

Number

 

 

 

 

 

of Shares

 

 

 

Value

 

 

 

 

 

 

 

 

 

Common Stocks and Other Equity Interests—99.4%

 

 

 

 

 

Australia—13.0%

 

 

 

4,819

 

ASX Ltd.

 

$

150,556

 

5,262

 

BHP Billiton Ltd.

 

165,577

 

119,340

 

Challenger Financial Services Group Ltd.

 

266,884

 

5,977

 

Cochlear Ltd.

 

276,474

 

83,600

 

Fortescue Metals Group Ltd.*

 

293,294

 

165,061

 

Mirvac Group REIT

 

174,960

 

39,287

 

Oil Search Ltd.

 

184,209

 

9,679

 

Orica Ltd.

 

180,727

 

25,377

 

Origin Energy Ltd.

 

305,909

 

9,565

 

QBE Insurance Group Ltd.

 

155,061

 

7,392

 

Wesfarmers Ltd.

 

158,857

 

10,449

 

Woolworths Ltd.

 

236,715

 

10,304

 

WorleyParsons Ltd.

 

221,094

 

 

 

 

 

2,770,317

 

 

 

Austria—0.6%

 

 

 

5,011

 

Voestalpine AG

 

138,322

 

 

 

 

 

 

 

 

 

Bermuda—0.9%

 

 

 

11,500

 

SeaDrill Ltd.

 

183,824

 

 

 

 

 

 

 

 

 

Canada—17.5%

 

 

 

3,297

 

Agnico-Eagle Mines Ltd.

 

192,709

 

4,370

 

Canadian National Railway Co.

 

211,770

 

20,668

 

CGI Group, Inc., Class A*

 

209,337

 

3,000

 

EnCana Corp.

 

160,337

 

11,096

 

Gildan Activewear Inc*

 

184,335

 

9,446

 

Kinross Gold Corp.

 

185,670

 

2,282

 

Niko Resources Ltd.

 

160,211

 

5,763

 

Petrobank Energy & Resources Ltd.*

 

174,740

 

3,937

 

Petro-Canada

 

162,018

 

2,212

 

Research In Motion Ltd.*

 

167,409

 

3,861

 

Royal Bank of Canada

 

183,139

 

45,004

 

Sherritt International Corp.

 

255,179

 

3,924

 

Shoppers Drug Mart Corp.

 

163,370

 

19,700

 

Sino-Forest Corp.*

 

267,866

 

7,473

 

SNC-Lavalin Group, Inc.

 

314,237

 

9,809

 

Talisman Energy, Inc.

 

151,068

 

22,946

 

Teck Resources Ltd., Class B *

 

601,719

 

 

 

 

 

3,745,114

 

 

 

Cayman Islands—1.0%

 

 

 

63,500

 

Li Ning Co., Ltd.

 

210,163

 

 

 

 

 

 

 

 

 

China—4.1%

 

 

 

183,000

 

China Coal Energy Co., H-Shares

 

256,434

 

326,000

 

PICC Property & Casualty Co. Ltd., H-Shares *

 

254,489

 

26,600

 

Tencent Holdings Ltd.

 

359,012

 

 

 

 

 

869, 935

 

 

 

Finland—2.6%

 

 

 

8,907

 

Fortum Oyj

 

205,203

 

7,557

 

Metso Oyj

 

158,459

 

8,950

 

Sampo Oyj, Class A

 

185,892

 

 

 

 

 

549,554

 

 



 

 

 

France—2.7%

 

 

 

2,101

 

Iliad S.A.

 

$

223,104

 

2,563

 

Societe Generale

 

163,698

 

3,234

 

Technip S.A.

 

194,496

 

 

 

 

 

581,298

 

 

 

Hong Kong—11.9%

 

 

 

112,000

 

China Everbright Ltd.

 

350,449

 

96,000

 

China Overseas Land & Investment Ltd.

 

236,840

 

64,000

 

Hang Lung Group Ltd.

 

331,559

 

11,400

 

Hang Seng Bank Ltd.

 

185,194

 

12,800

 

Hong Kong Aircraft Engineering Co., Ltd.

 

174,905

 

11,100

 

Hong Kong Exchanges & Clearing Ltd.

 

209,395

 

49,500

 

Kerry Properties Ltd.

 

255,482

 

67,500

 

MTR Corp.

 

244,740

 

226,000

 

Noble Group Ltd.

 

327,548

 

126,000

 

Tingyi Cayman Islands Holding Corp.

 

233,464

 

 

 

 

 

2,549,576

 

 

 

Japan—7.6%

 

 

 

18,000

 

Hitachi Metals Ltd.

 

175,850

 

14,000

 

Japan Steel Works Ltd. (The)

 

182,363

 

9,300

 

Komatsu Ltd.

 

151,328

 

17,000

 

Kyowa Hakko Kirin Co., Ltd.

 

194,653

 

27,800

 

Nissan Motor Co., Ltd.

 

201,210

 

7,000

 

Square Enix Holdings Co., Ltd.

 

154,788

 

9,000

 

Sumitomo Realty & Development Co., Ltd.

 

184,358

 

6,000

 

Trend Micro, Inc.

 

206,103

 

60,000

 

Ube Industries Ltd.

 

172,698

 

 

 

 

 

1,623,351

 

 

 

Norway—2.8%

 

 

 

29,700

 

DnB NOR ASA

 

257,347

 

25,500

 

Petroleum Geo-Services ASA*

 

178,163

 

30,200

 

ProSafe SE

 

157,723

 

 

 

 

 

593,233

 

 

 

Portugal—1.3%

 

 

 

19,637

 

Cimpor Cimentos de Portugal SGPS S.A.

 

148,667

 

10,607

 

Galp Energia SGPS S.A., Class B

 

138,050

 

 

 

 

 

286,717

 

 

 

Singapore—5.7%

 

 

 

23,000

 

City Developments Ltd.

 

161,728

 

14,000

 

Jardine Cycle & Carriage Ltd.

 

229,118

 

30,000

 

Keppel Corp. Ltd.

 

174,543

 

92,000

 

SembCorp Marine Ltd.

 

199,050

 

27,000

 

Singapore Exchange Ltd.

 

163,268

 

68,000

 

Wilmar International Ltd.

 

282,459

 

 

 

 

 

1,210,166

 

 

 

Spain—5.9%

 

 

 

6,202

 

Abengoa S.A.

 

158,184

 

4,945

 

ACS Actividades de Construccion y Servicios S.A.

 

262,132

 

14,004

 

Bankinter S.A.

 

158,238

 

2,988

 

Corp Financiera Alba

 

155,470

 

3,835

 

Inditex S.A.

 

205,195

 

9,802

 

Sacyr Vallehermoso S.A.

 

156,200

 

7,150

 

Sociedad General de Aguas de Barcelona S.A., Class A

 

169,895

 

 

 

 

 

1,265,314

 

 



 

 

 

Switzerland—4.2%

 

 

 

17,239

 

ABB Ltd.

 

$

312,664

 

1,580

 

Geberit AG

 

218,888

 

2,697

 

Schindler Holding AG

 

172,909

 

170

 

SGS S.A.

 

199,340

 

 

 

 

 

903,801

 

 

 

United Kingdom—17.6%

 

 

 

24,058

 

AMEC PLC

 

281,186

 

17,146

 

Antofagasta PLC

 

215,181

 

10,048

 

Autonomy Corp. PLC*

 

195,732

 

124,729

 

Barratt Developments PLC*

 

410,463

 

6,157

 

BHP Billiton PLC

 

159,541

 

4,027

 

Cairn Energy PLC*

 

159,961

 

21,199

 

Inmarsat PLC

 

194,702

 

40,155

 

Invensys PLC

 

171,753

 

65,874

 

Kingfisher PLC

 

232,343

 

11,990

 

London Stock Exchange Group PLC

 

141,529

 

9,444

 

Lonmin PLC*

 

216,219

 

30,906

 

Man Group PLC

 

141,800

 

23,380

 

Petrofac Ltd.

 

290,898

 

387,538

 

Taylor Wimpey PLC*

 

250,567

 

6,241

 

Thomson Reuters PLC

 

198,138

 

20,287

 

Tullow Oil PLC

 

332,460

 

18,942

 

Weir Group PLC (The)

 

171,617

 

 

 

 

 

3,764,090

 

 

 

Total Common Stocks and Other Equity Interests
(Cost $16,649,289)

 

21,244,775

 

 

 

 

 

 

 

 

 

Money Market Fund—0.2%

 

 

 

43,657

 

Goldman Sachs Financial Square Prime Obligations Institutional Share Class
(Cost $43,657)

 

43,657

 

 

 

 

 

 

 

 

 

Total Investments
(Cost $16,692,946)(a)—99.6%

 

21,288,432

 

 

 

Other assets less liabilities—0.4%

 

76,996

 

 

 

 

 

 

 

 

 

Net Assets—100.0%

 

$

21,365,428

 

 


 

 

REIT Real Estate Investment Trust

 

 

* Non-income producing security.

 

 

 

 

 

(a) At July 31, 2009, the aggregate cost of investments for Federal income tax purposes was $16,758,281. The net unrealized appreciation was $4,530,151 which consisted of aggregate gross unrealized appreciation of $4,669,619 and aggregate gross unrealized depreciation of $139,468.

 

 

 

 

 

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

 



 

 

 

Schedule of Investments

 

 

PowerShares DWA Emerging Markets Technical Leaders Portfolio

 

 

July 31, 2009 (Unaudited)

 

Number

 

 

 

 

 

of Shares

 

 

 

Value

 

 

 

 

 

 

 

 

 

Common Stocks and Other Equity Interests—99.7%

 

 

 

 

 

Brazil—17.7%

 

 

 

18,892

 

Banco Bradesco S.A. ADR

 

$

297,927

 

12,106

 

Brasil Foods S.A. ADR *

 

534,117

 

29,989

 

Cia Paranaense de Energia ADR

 

465,429

 

14,011

 

Cia Siderurgica Nacional S.A. ADR

 

358,682

 

27,688

 

Gerdau S.A. ADR

 

323,119

 

7,300

 

Petroleo Brasileiro S.A. ADR

 

301,052

 

42,393

 

Sadia S.A. ADR

 

370,515

 

26,000

 

Tam S.A. ADR *

 

319,540

 

25,427

 

Vivo Participacoes S.A. ADR

 

578,973

 

37,405

 

Votorantim Celulose e Papel S.A. ADR *

 

558,830

 

 

 

 

 

4,108,184

 

 

 

Chile—0.8%

 

 

 

14,241

 

Lan Airlines S.A. ADR

 

174,167

 

 

 

 

 

 

 

 

 

China—24.0%

 

 

 

9,078

 

Aluminum Corp of China Ltd. ADR

 

262,173

 

196,000

 

Angang Steel Co., Ltd., H-Shares

 

444,600

 

34,000

 

Anhui Conch Cement Co., Ltd., H-Shares

 

246,115

 

135,000

 

Bank of Communications Co., Ltd., H-Shares

 

166,180

 

273,000

 

China Construction Bank Corp., H-Shares

 

220,160

 

49,000

 

China Life Insurance Co., Ltd., H-Shares

 

217,179

 

158,000

 

China National Building Material Co., Ltd., H-Shares

 

344,132

 

192,000

 

China Oilfield Services Ltd., H-Shares

 

209,341

 

51,000

 

China Shenhua Energy Co., Ltd., H-Shares

 

208,276

 

716,000

 

Chongqing Iron & Steel Co., Ltd., H-Shares

 

362,155

 

49,400

 

Dongfang Electric Corp. Ltd., H-Shares

 

241,899

 

346,000

 

Guangshen Railway Co., Ltd., H-Shares

 

167,418

 

160,000

 

Guangzhou Shipyard International Co., Ltd., H-Shares

 

327,016

 

598,000

 

Huadian Power International Corp. Ltd., H-Shares

 

229,168

 

187,000

 

Jiangxi Copper Co., Ltd., H-Shares

 

431,424

 

9,679

 

Netease.com, Inc. ADR *

 

426,457

 

6,507

 

Shanda Interactive Entertainment Ltd. ADR *

 

322,617

 

12,112

 

Suntech Power Holdings Co., Ltd. ADR *

 

222,740

 

45,000

 

Weichai Power Co., Ltd., H-Shares

 

205,547

 

22,469

 

Yingli Green Energy Holding Co., Ltd. ADR *

 

298,164

 

 

 

 

 

5,552,761

 

 

 

Hong Kong—0.6%

 

 

 

11,319

 

China Natural Resources, Inc. *

 

139,224

 

 

 

 

 

 

 

 

 

India—1.6%

 

 

 

1,853

 

HDFC Bank Ltd. ADR

 

181,168

 

6,108

 

ICICI Bank Ltd. ADR

 

191,486

 

 

 

 

 

372,654

 

 

 

Indonesia—13.2%

 

 

 

781,000

 

Aneka Tambang Tbk PT

 

173,118

 

377,968

 

Apexindo Pratama Duta PT *

 

109,487

 

 



 

89,000

 

Astra Agro Lestari Tbk PT

 

$

173,068

 

67,671

 

Astra International Tbk PT

 

199,774

 

12,926,000

 

Bakrie Telecom PT *

 

179,727

 

5,602,000

 

Bakrieland Development Tbk PT *

 

200,373

 

942,500

 

Bank Negara Indonesia Persero Tbk PT

 

179,479

 

2,190,000

 

Ciputra Development Tbk PT *

 

180,937

 

5,238,000

 

Energi Mega Persada Tbk PT *

 

200,548

 

186,500

 

Fajar Surya Wisesa Tbk PT *

 

25,368

 

1,434,000

 

Holcim Indonesia Tbk PT *

 

209,502

 

792,000

 

Indah Kiat Pulp and Paper Corp. Tbk PT *

 

144,435

 

208,500

 

Indocement Tunggal Prakarsa Tbk PT

 

195,370

 

406,500

 

International Nickel Indonesia Tbk PT *

 

176,116

 

481,000

 

Perusahaan Gas Negara PT

 

169,622

 

285,500

 

Semen Gresik Persero Tbk PT

 

171,156

 

118,500

 

Tambang Batubara Bukit Asam Tbk PT

 

162,378

 

161,000

 

United Tractors Tbk PT

 

210,071

 

 

 

 

 

3,060,529

 

 

 

Israel—0.8%

 

 

 

6,902

 

Cellcom Israel Ltd.

 

192,980

 

 

 

 

 

 

 

 

 

Luxembourg—1.1%

 

 

 

12,222

 

Ternium S.A. ADR

 

249,329

 

 

 

 

 

 

 

 

 

Malaysia—6.0%

 

 

 

166,600

 

IJM Plantations Bhd

 

136,212

 

817,600

 

KNM Group Bhd

 

203,095

 

201,100

 

Malaysia Airports Holdings Bhd

 

202,099

 

107,000

 

Parkson Retail Group Ltd.

 

178,654

 

397,600

 

SapuraCrest Petroleum Bhd

 

187,371

 

179,400

 

Sunway City Bhd

 

154,826

 

268,000

 

Wah Seong Corp. Bhd

 

155,208

 

128,200

 

YTL Cement Bhd

 

168,143

 

 

 

 

 

1,385,608

 

 

 

Mexico—4.4%

 

 

 

442,700

 

Controladora Comercial Mexicana SAB de CV *

 

292,705

 

86,100

 

Corporacion GEO SAB de CV, Series B *

 

183,680

 

35,200

 

Desarrolladora Homex SAB de CV *

 

206,027

 

45,200

 

Industrias CH SAB de CV, Series B *

 

159,001

 

11,765

 

Industrias Penoles SAB de CV

 

186,905

 

 

 

 

 

1,028,318

 

 

 

Peru—3.0%

 

 

 

61,122

 

Banco Continental

 

183,172

 

4,456

 

Credicorp Ltd.

 

297,215

 

9,725

 

Sociedad Minera Cerro Verde S.A.

 

221,536

 

 

 

 

 

701,923

 

 

 

Russia—1.4%

 

 

 

4,700

 

Wimm-Bill-Dann Foods OJSC ADR *

 

320,352

 

 

 

 

 

 

 

 

 

Singapore—0.8%

 

 

 

252,500

 

Perusahaan Perkebunan London Sumatra Indonesia Tbk PT

 

175,542

 

 

 

 

 

 

 

 

 

South Africa—6.6%

 

 

 

18,605

 

Aspen Pharmacare Holdings Ltd.

 

141,218

 

 



 

7,219

 

Impala Platinum Holdings Ltd.

 

$

173,124

 

6,894

 

Kumba Iron Ore Ltd.

 

182,048

 

12,488

 

MTN Group Ltd.

 

203,914

 

47,333

 

Mvelaphanda Resources Ltd. *

 

235,068

 

8,731

 

Naspers Ltd., Class N

 

257,846

 

42,097

 

Northam Platinum Ltd.

 

199,183

 

14,571

 

Palabora Mining Co., Ltd.

 

133,834

 

 

 

 

 

1,526,235

 

 

 

South Korea—9.7%

 

 

 

2,588

 

GS Engineering & Construction Corp.

 

184,586

 

4,770

 

Hyundai Development Co.

 

168,748

 

2,588

 

Hyundai Motor Co.

 

185,640

 

3,766

 

Hyundai Steel Co.

 

220,159

 

5,197

 

Hyunjin Materials Co., Ltd.

 

122,922

 

554

 

KCC Corp.

 

155,844

 

18,050

 

Kia Motors Corp.*

 

225,588

 

3,263

 

Samsung Engineering Co., Ltd.

 

236,184

 

7,550

 

Samsung Heavy Industries Co., Ltd.

 

199,477

 

1,830

 

Samsung SDI Co., Ltd.

 

151,979

 

7,152

 

Seoul Semiconductor Co., Ltd.

 

195,075

 

7,718

 

TK Corp. *

 

208,000

 

 

 

 

 

2,254,202

 

 

 

Thailand—3.7%

 

 

 

1,332,900

 

Asian Property Development PCL

 

191,925

 

17,100

 

Banpu PCL

 

188,437

 

311,900

 

Central Pattana PCL

 

169,561

 

904,500

 

Land and Houses PCL

 

136,884

 

245,500

 

Thoresen Thai Agencies PCL

 

163,041

 

 

 

 

 

849,848

 

 

 

Turkey—4.3%

 

 

 

25,310

 

Akenerji Elektrik Uretim A.S.

 

177,974

 

68,935

 

Aygaz A.S.

 

178,980

 

62,953

 

Turcas Petrolculuk A.S.

 

175,366

 

165,550

 

Turk Hava Yollari Anonim Ortakligi (THY)

 

259,686

 

59,072

 

Turkiye Garanti Bankasi A.S.*

 

207,691

 

 

 

 

 

999,697

 

 

 

Total Common Stocks and Other Equity Interests
(Cost $18,672,541)

 

23,091,553

 

 

 

 

 

 

 

 

 

Money Market Fund—0.2%

 

 

 

59,371

 

Goldman Sachs Financial Square Prime Obligations Institutional Share Class
(Cost $59,371)

 

59,371

 

 

 

 

 

 

 

 

 

Total Investments
(Cost $18,731,912)(a)—99.9%

 

23,150,924

 

 

 

Other assets less liabilities—0.1%

 

19,494

 

 

 

 

 

 

 

 

 

Net Assets—100.0%

 

$

23,170,418

 

 



 


 

 

ADR American Depositary Receipt

 

 

* Non-income producing security.

 

 

 

 

 

(a)  At July 31, 2009, the aggregate cost of investments for Federal income tax purposes was $19,210,567. The net unrealized appreciation was $3,940,357, which consisted of aggregate gross unrealized appreciation of $4,481,802 and aggregate gross depreciation of $541,445.

 

 

 

 

 

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

 



 

 

 

Schedule of Investments

 

 

PowerShares Dynamic Developed International Opportunities Portfolio

 

 

July 31, 2009 (Unaudited)

 

Number

 

 

 

 

 

of Shares

 

 

 

Value

 

 

 

 

 

 

 

 

 

Common Stocks and Other Equity Interests—99.8%

 

 

 

 

 

Australia—2.5%

 

 

 

6,583

 

ASX Ltd.

 

$

205,667

 

6,544

 

Macquarie Group Ltd.

 

239,484

 

10,948

 

National Australia Bank Ltd.

 

221,442

 

12,462

 

QBE Insurance Group Ltd.

 

202,026

 

16,643

 

Santos Ltd.

 

200,901

 

12,228

 

Westpac Banking Corp.

 

220,495

 

 

 

 

 

1,290,015

 

 

 

Austria—2.8%

 

 

 

4,732

 

Andritz AG

 

206,295

 

4,579

 

Flughafen Wien AG

 

176,579

 

2,265

 

Mayr-Melnhof Karton AG

 

211,233

 

6,920

 

Oesterreichische Post AG

 

211,228

 

4,966

 

OMV AG

 

196,079

 

5,574

 

Raiffeisen International Bank Holding AG

 

247,428

 

4,655

 

Vienna Insurance Group

 

213,828

 

 

 

 

 

1,462,670

 

 

 

Bahamas—0.4%

 

 

 

16,838

 

Petrominerales Ltd.*

 

211,040

 

 

 

 

 

 

 

 

 

Belgium—3.6%

 

 

 

2,990

 

Ackermans & van Haaren N.V.

 

208,562

 

5,681

 

Barco N.V.

 

251,051

 

5,980

 

Belgacom S.A.

 

213,098

 

4,776

 

Compagnie d’Entreprises CFE

 

211,261

 

6,277

 

Compagnie Maritime Belge S.A.

 

202,724

 

2,744

 

Delhaize Group

 

195,177

 

982

 

D’ieteren S.A.

 

210,923

 

486

 

Fortis Strip VVPR*

 

1

 

3,714

 

GIMV N.V.

 

185,083

 

2,224

 

Solvay S.A.

 

216,837

 

 

 

 

 

1,894,717

 

 

 

Bermuda—0.7%

 

 

 

35,679

 

Catlin Group Ltd.

 

183,366

 

24,966

 

Lancashire Holdings Ltd.*

 

187,393

 

 

 

 

 

370,759

 

 

 

Canada—9.1%

 

 

 

4,414

 

Addax Petroleum Corp.

 

209,248

 

18,429

 

AGF Management Ltd., Class B

 

260,982

 

7,124

 

Astral Media, Inc.

 

193,404

 

5,634

 

Atco Ltd., Class I

 

200,585

 

4,564

 

Bank of Montreal

 

228,052

 

5,274

 

Bank of Nova Scotia

 

224,015

 

14,114

 

Biovail Corp.

 

187,342

 

40,676

 

Centerra Gold, Inc. *

 

257,729

 

 



 

20,853

 

CGI Group, Inc.. Class A*

 

$

211,211

 

4,742

 

Empire Co. Ltd., Class A

 

181,241

 

7,275

 

Home Capital Group, Inc.

 

229,468

 

5,254

 

Inmet Mining Corp.

 

219,472

 

4,076

 

National Bank of Canada

 

219,088

 

9,065

 

Nexen, Inc.

 

187,237

 

23,686

 

Pacific Rubiales Energy Corp.*

 

252,393

 

10,476

 

ShawCor Ltd., Class A

 

198,163

 

16,390

 

Sino-Forest Corp.*

 

222,859

 

13,560

 

Talisman Energy, Inc.

 

208,837

 

19,287

 

Thompson Creek Metals Co. Inc.*

 

280,447

 

3,750

 

Toronto-Dominion Bank (The)

 

218,909

 

21,268

 

Viterra, Inc.*

 

178,430

 

21,556

 

Westjet Airlines Ltd.*

 

207,365

 

 

 

 

 

4,776,477

 

 

 

China—1.3%

 

 

 

421,000

 

Bank of China Ltd., H-Shares

 

209,684

 

232,000

 

Dongfeng Motor Group Co. Ltd., H-Shares

 

247,266

 

150,000

 

Yanzhou Coal Mining Co. Ltd., H-Shares

 

233,031

 

 

 

 

 

689,981

 

 

 

Denmark—1.6%

 

 

 

5,384

 

D/S Norden A/S

 

190,937

 

5,215

 

FLSmidth & Co. A/S*

 

225,407

 

9,900

 

H. Lundbeck A/S

 

190,861

 

1,612

 

Topdanmark A/S*

 

219,155

 

 

 

 

 

826,360

 

 

 

Finland—2.0%

 

 

 

18,985

 

Huhtamaki Oyj

 

213,175

 

7,993

 

Outotec Oyj

 

188,452

 

10,088

 

Sampo Oyj, Class A

 

209,528

 

14,149

 

Tieto Oyj

 

241,118

 

5,956

 

Wartsila Oyj

 

211,948

 

 

 

 

 

1,064,221

 

 

 

France—9.6%

 

 

 

3,130

 

Alstom S.A.

 

213,757

 

9,928

 

AXA S.A.

 

208,739

 

2,932

 

BNP Paribas

 

212,623

 

5,023

 

Bouygues S.A.

 

212,822

 

5,326

 

Cap Gemini S.A.

 

244,613

 

2,120

 

Ciments Francais S.A.

 

205,976

 

2,093

 

CNP Assurances

 

190,237

 

8,270

 

France Telecom S.A.

 

205,301

 

10,305

 

Groupe Steria S.C.A.

 

247,418

 

77,092

 

Havas S.A.

 

222,092

 

6,822

 

Nexity

 

233,866

 

6,217

 

Publicis Groupe

 

219,825

 

22,211

 

Rexel S.A.*

 

242,470

 

3,282

 

Sa des Ciments Vicat

 

208,596

 

2,882

 

Sanofi-Aventis S.A.

 

187,791

 

2,522

 

Schneider Electric S.A.

 

227,907

 

9,285

 

SCOR SE

 

221,743

 

3,922

 

Technip S.A.

 

235,873

 

4,166

 

Thales S.A.

 

175,182

 

3,489

 

Total S.A.

 

192,469

 

 



 

10,382

 

Valeo S.A. *

 

$

273,775

 

4,216

 

Vinci S.A.

 

213,447

 

7,720

 

Vivendi

 

197,284

 

 

 

 

 

4,993,806

 

 

 

Germany—4.5%

 

 

 

2,043

 

Allianz SE

 

200,435

 

4,079

 

Bilfinger Berger AG

 

212,814

 

8,344

 

Demag Cranes AG

 

205,837

 

3,107

 

Deutsche Bank AG

 

199,941

 

5,258

 

Hannover Rueckversicherung AG*

 

212,827

 

3,150

 

K+S AG

 

175,868

 

5,265

 

MTU Aero Engines Holding AG

 

190,344

 

1,430

 

Muenchener Rueckversicherungs - Gesellschaft AG

 

215,085

 

2,355

 

RWE AG

 

197,824

 

2,755

 

Software AG

 

205,060

 

1,602

 

Vossloh AG

 

184,833

 

3,274

 

Wincor Nixdorf AG

 

174,807

 

 

 

 

 

2,375,675

 

 

 

Greece—1.5%

 

 

 

17,262

 

Alpha Bank A.E.*

 

226,377

 

11,511

 

Hellenic Telecommunications Organization S.A.

 

179,517

 

7,930

 

National Bank of Greece S.A. *

 

230,252

 

6,337

 

OPAP S.A.

 

151,385

 

 

 

 

 

787,531

 

 

 

Hong Kong—4.1%

 

 

 

154,000

 

CNOOC Ltd.

 

207,054

 

240,000

 

CNPC Hong Kong Ltd.

 

243,095

 

394,000

 

Guangdong Investment Ltd.

 

220,639

 

41,000

 

Hang Lung Group Ltd.

 

212,405

 

104,000

 

Industrial and Commercial Bank of China (Asia) Ltd.

 

196,726

 

13,500

 

Jardine Strategic Holdings Ltd.

 

219,510

 

76,500

 

Kingboard Chemical Holdings Ltd.

 

242,824

 

153,000

 

Noble Group Ltd.

 

221,747

 

101,000

 

NWS Holdings Ltd.

 

194,701

 

700,000

 

PCCW Ltd.

 

191,483

 

 

 

 

 

2,150,184

 

 

 

Ireland—0.8%

 

 

 

842,107

 

Anglo Irish Bank Corp. Ltd.*

 

 

9,247

 

DCC PLC

 

196,649

 

8,258

 

Kerry Group PLC, Class A

 

194,583

 

 

 

 

 

391,232

 

 

 

Italy—6.9%

 

 

 

9,220

 

Assicurazioni Generali SpA

 

209,016

 

28,641

 

Astaldi SpA

 

223,332

 

70,928

 

Banca Carige SpA

 

201,016

 

13,753

 

Buzzi Unicem SpA

 

204,927

 

20,455

 

Danieli & Co. Rnc SpA

 

217,501

 

37,898

 

Enel SpA

 

204,845

 

7,875

 

Eni SpA

 

182,321

 

22,293

 

Esprinet SpA

 

223,612

 

13,557

 

Finmeccanica SpA

 

204,505

 

 



 

57,763

 

Maire Tecnimont SpA

 

$

230,325

 

15,843

 

Mediobanca SpA

 

221,244

 

78,016

 

Parmalat SpA

 

193,894

 

21,592

 

Piccolo Credito Valtellinese Scarl

 

212,754

 

13,708

 

Prysmian SpA

 

234,575

 

30,881

 

Recordati SpA

 

205,335

 

141,121

 

Telecom Italia SpA

 

219,682

 

72,869

 

UniCredit SpA*

 

212,302

 

 

 

 

 

3,601,186

 

 

 

Japan—3.6%

 

 

 

17,792

 

COMSYS Holdings Corp.

 

204,843

 

44,992

 

Daishi Bank Ltd. (The)

 

177,709

 

14,996

 

Hitachi Capital Corp.

 

203,685

 

15,300

 

Hosiden Corp.

 

197,528

 

7,000

 

Kyoei Steel Ltd.

 

173,538

 

21,000

 

Matsui Securities Co. Ltd.

 

199,202

 

7,800

 

Miraca Holdings, Inc.

 

193,781

 

4,500

 

Nippon Telegraph & Telephone Corp.

 

184,831

 

14,996

 

Tokyo Steel Manufacturing Co. Ltd.

 

165,406

 

18,000

 

TonenGeneral Sekiyu K.K.

 

170,933

 

 

 

 

 

1,871,456

 

 

 

Netherlands—2.8%

 

 

 

12,382

 

Arcadis N.V.

 

232,423

 

15,300

 

BinckBank N.V.

 

225,592

 

11,649

 

European Aeronautic Defence and Space Co. N.V.

 

220,976

 

6,062

 

Koninklijke DSM N.V.

 

215,548

 

3,778

 

Koninklijke Vopak N.V. *

 

225,284

 

34,512

 

OCE N.V.

 

169,247

 

7,505

 

Royal Dutch Shell PLC, Class A

 

196,206

 

 

 

 

 

1,485,276

 

 

 

New Zealand—0.4%

 

 

 

112,749

 

Telecom Corp. of New Zealand Ltd.

 

206,355

 

 

 

 

 

 

 

 

 

Norway—2.4%

 

 

 

20,400

 

Acergy S.A.

 

216,596

 

5,740

 

Fred Olsen Energy ASA

 

207,897

 

37,296

 

ProSafe SE

 

194,783

 

9,692

 

StatoilHydro ASA

 

206,250

 

25,000

 

Telenor ASA *

 

229,617

 

18,600

 

TGS Nopec Geophysical Co. ASA*

 

209,933

 

 

 

 

 

1,265,076

 

 

 

Portugal—1.1%

 

 

 

20,181

 

Portugal Telecom SGPS S.A.

 

203,371

 

44,662

 

REN - Redes Energeticas Nacionais S.A.

 

181,600

 

23,039

 

Semapa Sociedade de Investimento e Gestao SGPS S.A.

 

210,027

 

 

 

 

 

594,998

 

 

 

Singapore—3.0%

 

 

 

24,000

 

DBS Group Holdings Ltd.

 

231,005

 

723,000

 

Golden Agri-Resources Ltd.

 

213,082

 

15,000

 

Jardine Cycle & Carriage Ltd.

 

245,484

 

40,000

 

Keppel Corp. Ltd.

 

232,724

 

 



 

40,000

 

Oversea-Chinese Banking Corp. Ltd.

 

$

216,913

 

89,000

 

SembCorp Industries Ltd.

 

198,114

 

101,000

 

SembCorp Marine Ltd.

 

218,522

 

 

 

 

 

1,555,844

 

 

 

Spain—6.7%

 

 

 

8,212

 

Abengoa S.A.

 

209,450

 

15,292

 

Banco Bilbao Vizcaya Argentaria S.A.

 

249,755

 

30,686

 

Banco de Sabadell S.A.

 

203,604

 

21,850

 

Banco Popular Espanol S.A.

 

196,245

 

15,954

 

Bankinter S.A.

 

180,272

 

6,342

 

Bolsas y Mercados Espanoles

 

204,284

 

413

 

Construcciones y Auxiliar de Ferrocarriles S.A.

 

183,857

 

3,937

 

Corp Financiera Alba

 

204,848

 

41,952

 

Criteria Caixacorp S.A.

 

200,736

 

8,062

 

Endesa S.A.

 

213,053

 

23,221

 

Iberdrola S.A.

 

198,188

 

9,715

 

Obrascon Huarte Lain S.A.

 

234,010

 

6,155

 

Prosegur Cia de Seguridad S.A.

 

212,484

 

8,501

 

Repsol YPF S.A.

 

196,332

 

8,583

 

Sociedad General de Aguas de Barcelona S.A., Class A

 

203,945

 

4,240

 

Tecnicas Reunidas S.A.

 

209,312

 

8,441

 

Telefonica S.A.

 

208,888

 

 

 

 

 

3,509,263

 

 

 

Sweden—2.6%

 

 

 

19,786

 

Alfa Laval AB

 

213,468

 

18,070

 

Betsson AB

 

223,230

 

8,797

 

Cardo AB

 

204,671

 

18,021

 

Svenska Cellulosa AB, Series B

 

229,427

 

18,890

 

Tele2 AB, Series B

 

251,770

 

37,244

 

TeliaSonera AB

 

236,695

 

 

 

 

 

1,359,261

 

 

 

Switzerland—1.9%

 

 

 

2,522

 

Baloise Holding AG

 

199,651

 

580

 

Banque Cantonale Vaudoise

 

203,168

 

687

 

Helvetia Holding AG

 

190,062

 

616

 

Swisscom AG

 

200,754

 

1,049

 

Zurich Financial Services AG

 

204,683

 

 

 

 

 

998,318

 

 

 

United Kingdom—23.5%

 

 

 

131,094

 

Aegis Group PLC

 

179,301

 

22,669

 

Aggreko PLC

 

205,572

 

36,055

 

Amlin PLC

 

198,748

 

19,098

 

Antofagasta PLC

 

239,678

 

60,281

 

Ashmore Group PLC

 

210,367

 

202,596

 

Ashtead Group PLC

 

209,081

 

4,196

 

AstraZeneca PLC

 

194,986

 

19,091

 

Atkins WS PLC

 

201,294

 

32,985

 

BAE Systems PLC

 

167,880

 

36,761

 

Balfour Beatty PLC

 

186,337

 

101,053

 

BBA Aviation PLC

 

226,586

 

119,460

 

Beazley Group PLC

 

202,503

 

14,110

 

Berkeley Group Holdings PLC*

 

193,220

 

11,298

 

BG Group PLC

 

187,117

 

23,753

 

BP PLC

 

195,792

 

 



 

233,043

 

Bradford & Bingley PLC *

 

$

 

61,414

 

Brit Insurance Holdings PLC

 

212,539

 

908,975

 

Central African Mining & Exploration Co. PLC*

 

218,507

 

17,708

 

Close Brothers Group PLC

 

203,005

 

41,883

 

Daily Mail & General Trust PLC, Class A

 

208,307

 

36,991

 

Dairy Crest Group PLC

 

201,914

 

8,434

 

Dana Petroleum PLC*

 

191,977

 

36,187

 

Davis Service Group PLC

 

202,025

 

13,036

 

De La Rue PLC

 

179,918

 

146,115

 

Debenhams PLC

 

214,985

 

25,468

 

Drax Group PLC

 

168,994

 

183,784

 

DS Smith PLC

 

228,515

 

41,836

 

easyJet PLC*

 

209,634

 

83,459

 

Ferrexpo PLC

 

196,475

 

74,203

 

Game Group PLC

 

180,836

 

9,221

 

Go-Ahead Group PLC

 

183,750

 

30,573

 

Greene King PLC

 

214,273

 

30,457

 

Greggs PLC

 

198,817

 

36,990

 

Halfords Group PLC

 

213,407

 

39,317

 

Hiscox Ltd.

 

197,175

 

99,167

 

HMV Group PLC

 

179,200

 

37,558

 

IMI PLC

 

211,703

 

51,189

 

Invensys PLC

 

218,948

 

35,385

 

Investec PLC

 

236,999

 

28,183

 

Jardine Lloyd Thompson Group PLC

 

202,311

 

17,983

 

Kazakhmys PLC

 

255,349

 

20,968

 

Keller Group PLC

 

222,476

 

61,150

 

Ladbrokes PLC

 

177,918

 

71,217

 

Laird Group PLC

 

205,732

 

38,226

 

Marks & Spencer Group PLC

 

219,112

 

71,334

 

Meggitt PLC

 

213,662

 

16,727

 

Morgan Sindall PLC

 

171,654

 

7,809

 

Next PLC

 

220,732

 

221,012

 

Northern Foods PLC

 

225,339

 

149,663

 

Old Mutual PLC

 

237,747

 

18,913

 

Petrofac Ltd.

 

235,319

 

10,326

 

Premier Oil PLC*

 

211,761

 

175,547

 

Regus PLC

 

202,994

 

78,064

 

Restaurant Group PLC

 

206,746

 

92,535

 

RSA Insurance Group PLC

 

194,216

 

179,126

 

Spirent Communications PLC

 

207,875

 

42,617

 

Tullett Prebon PLC

 

250,816

 

14,164

 

Venture Production PLC

 

196,073

 

28,972

 

Wetherspoon (J.D.) PLC

 

217,101

 

26,747

 

WH Smith PLC

 

188,677

 

57,674

 

William Hill PLC

 

175,453

 

 

 

 

 

12,309,428

 

 

 

United States—0.4%

 

 

 

4,294

 

ACE Ltd.

 

210,664

 

 

 

 

 

 

 

 

 

Total Common Stocks and Other Equity Interests
(Cost $45,003,645)

 

52,251,793

 

 

 

 

 

 

 

 

 

Money Market Fund—0.0%

 

 

 

18,417

 

Goldman Sachs Financial Square Prime Obligations Institutional Share Class
(Cost $18,417)

 

18,417

 

 



 

 

 

Rights—0.0%

 

 

 

 

 

Belgium—0.0%

 

 

 

28,091

 

Fortis Rights S.A., expiring 12/31/49*
(Cost $0)

 

$

 

 

 

 

 

 

 

 

 

Total Investments
(Cost $45,022,062)(a)—99.8%

 

52,270,210

 

 

 

Other assets less liabilities—0.2%

 

98,448

 

 

 

 

 

 

 

 

 

Net Assets—100.0%

 

$

52,368,658

 

 


 

 

VVPR Voter Verified Paper Record

 

 

*   Non-income producing security.

 

 

 

 

 

(a)  At July 31, 2009, the aggregate cost of investments for Federal income tax purposes was $46,029,029.  The net unrealized appreciation was $6,241,181 which consisted of aggregate gross unrealized appreciation of $8,286,389 and aggregate gross unrealized depreciation of $2,045,208.

 

 

 

 

 

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

 



 

 

 

Schedule of Investments

 

 

PowerShares Emerging Markets Infrastructure Portfolio

 

 

July 31, 2009 (Unaudited)

 

Number

 

 

 

 

 

of Shares

 

 

 

Value

 

 

 

 

 

 

 

 

 

Common Stocks and Other Equity Interests—99.6%

 

 

 

 

 

Australia—3.2%

 

 

 

72,653

 

Leighton Holdings Ltd.

 

$

1,822,874

 

 

 

 

 

 

 

 

 

Bermuda—1.3%

 

 

 

8,902,000

 

HKC Holdings Ltd.

 

769,587

 

 

 

 

 

 

 

 

 

Brazil—8.9%

 

 

 

38,474

 

Cia Siderurgica Nacional S.A. ADR

 

984,934

 

45,294

 

Gerdau S.A. ADR

 

528,581

 

121,601

 

Vale S.A. ADR

 

2,399,188

 

152,800

 

Weg S.A.

 

1,222,139

 

 

 

 

 

5,134,842

 

 

 

Cayman Islands—2.6%

 

 

 

2,099,000

 

Lonking Holdings Ltd.

 

1,484,187

 

 

 

 

 

 

 

 

 

Chile—1.5%

 

 

 

36,986

 

CAP S.A.

 

859,647

 

 

 

 

 

 

 

 

 

China—18.5%

 

 

 

268,000

 

Angang Steel Co., Ltd., H-Shares

 

607,924

 

108,000

 

Anhui Conch Cement Co., Ltd., H-Shares

 

781,776

 

719,000

 

China Communications Construction Co., Ltd., H-Shares

 

933,302

 

1,207,000

 

China Molybdenum Co., Ltd., H-Shares

 

1,105,761

 

614,000

 

China National Building Material Co., Ltd., H-Shares

 

1,337,323

 

166,800

 

Dongfang Electric Corp. Ltd., H-Shares

 

816,777

 

1,350,000

 

Harbin Power Equipment Co., Ltd., H-Shares

 

1,599,086

 

3,616,000

 

Hunan Non-Ferrous Metal Corp., H-Shares

 

1,045,134

 

343,000

 

Jiangxi Copper Co., Ltd., H-Shares

 

791,329

 

3,096,000

 

Shanghai Electric Group Co., Ltd., H-Shares

 

1,625,889

 

 

 

 

 

10,644,301

 

 

 

France—5.5%

 

 

 

13,920

 

Alstom S.A.

 

950,639

 

1,718

 

Areva S.A.

 

983,533

 

24,104

 

Vinci S.A.

 

1,220,334

 

 

 

 

 

3,154,506

 

 

 

India—2.4%

 

 

 

28,367

 

Larsen & Toubro Ltd. GDR

 

907,744

 

34,325

 

Sterlite Industries India Ltd. ADR

 

454,806

 

 

 

 

 

1,362,550

 

 

 

Indonesia—7.7%

 

 

 

2,359,000

 

Aneka Tambang Tbk PT

 

522,902

 

911,000

 

Indocement Tunggal Prakarsa Tbk PT

 

853,632

 

2,460,000

 

International Nickel Indonesia Tbk PT *

 

1,065,793

 

1,468,500

 

Semen Gresik Persero Tbk PT

 

880,360

 

 



 

823,000

 

United Tractors Tbk PT

 

$

1,073,839

 

 

 

 

 

4,396,526

 

 

 

Ireland—0.8%

 

 

 

15,445

 

Ingersoll-Rand PLC

 

446,052

 

 

 

 

 

 

 

 

 

Israel—1.7%

 

 

 

116,169

 

Ormat Industries Ltd.

 

996,701

 

 

 

 

 

 

 

 

 

Malaysia—4.0%

 

 

 

496,200

 

Gamuda Bhd

 

473,309

 

232,900

 

IJM Corp. Bhd

 

400,013

 

833,100

 

Lafarge Malayan Cement Bhd

 

1,419,049

 

 

 

 

 

2,292,371

 

 

 

Mexico—1.6%

 

 

 

483,600

 

Empresas ICA SAB de CV *

 

888,635

 

 

 

 

 

 

 

 

 

Russia—10.7%

 

 

 

212,631

 

Magnitogorsk Iron & Steel Works GDR

 

1,658,522

 

103,043

 

Mechel ADR

 

1,100,499

 

92,464

 

MMC Norilsk Nickel ADR

 

927,414

 

29,055

 

Novolipetsk Steel OJSC GDR

 

752,234

 

249,126

 

Severstal GDR

 

1,704,022

 

 

 

 

 

6,142,691

 

 

 

Singapore—3.6%

 

 

 

516,000

 

Hyflux Ltd.

 

944,655

 

514,000

 

SembCorp Marine Ltd.

 

1,112,083

 

 

 

 

 

2,056,738

 

 

 

South Africa—7.8%

 

 

 

52,376

 

African Rainbow Minerals Ltd.

 

878,423

 

98,558

 

Aveng Ltd.

 

465,199

 

116,688

 

Group Five Ltd.

 

519,513

 

144,982

 

Pretoria Portland Cement Co., Ltd.

 

537,101

 

192,739

 

Reunert Ltd.

 

1,149,466

 

64,705

 

Wilson Bayly Holmes-Ovcon Ltd.

 

932,741

 

 

 

 

 

4,482,443

 

 

 

Spain—0.6%

 

 

 

3,079

 

Acciona S.A.

 

369,955

 

 

 

 

 

 

 

 

 

Sweden—0.8%

 

 

 

40,673

 

Atlas Copco AB, Class A

 

480,128

 

 

 

 

 

 

 

 

 

Switzerland—4.7%

 

 

 

111,050

 

ABB Ltd.

 

2,000,647

 

31,292

 

Foster Wheeler AG *

 

722,845

 

 

 

 

 

2,723,492

 

 

 

Taiwan—6.4%

 

 

 

605,392

 

China Steel Corp.

 

584,947

 

1,649,794

 

Chung Hung Steel Corp.

 

693,951

 

619,000

 

CTCI Corp.

 

628,283

 

 



 

814,000

 

Taiwan Cement Corp.

 

$

862,183

 

857,000

 

Tung Ho Steel Enterprise Corp.

 

911,647

 

 

 

 

 

3,681,011

 

 

 

United States—5.3%

 

 

 

29,170

 

Caterpillar, Inc.

 

1,285,230

 

8,796

 

Fluor Corp.

 

464,429

 

8,808

 

ITT Corp.

 

435,115

 

40,054

 

KBR, Inc.

 

848,744

 

 

 

 

 

3,033,518

 

 

 

Total Investments
(Cost $45,295,592)(a)—99.6%

 

57,222,755

 

 

 

Other assets less liabilities—0.4%

 

210,785

 

 

 

 

 

 

 

 

 

Net Assets—100.0%

 

$

57,433,540

 

 


 

 

ADR American Depositary Receipt

 

 

 

 

 

GDR Global Depositary Receipt

 

 

 

 

 

*    Non-income producing security.

 

 

 

 

 

 

 

 

 

 

 

(a)  At July 31, 2009, the aggregate cost of investments for Federal income tax purposes was $45,295,592.  The net unrealized appreciation was $11,927,163, which consisted of aggregate gross unrealized appreciation of $11,993,963 and aggregate gross unrealized depreciation of $66,800.

 

 

 

 

 

 

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

 

 



 

 

 

Schedule of Investments

 

 

PowerShares FTSE RAFI Asia Pacific ex-Japan Portfolio

 

 

July 31, 2009 (Unaudited)

 

Number

 

 

 

 

 

of Shares

 

 

 

Value

 

 

 

 

 

 

 

 

 

Common Stocks and Other Equity Interests—100.0%

 

 

 

 

 

Australia—68.9%

 

 

 

8,380

 

AGL Energy Ltd.

 

$

103,804

 

33,515

 

Amcor Ltd.

 

137,920

 

45,482

 

AMP Ltd.

 

212,500

 

189,351

 

APA Group

 

443,916

 

67,139

 

Australia and New Zealand Banking Group Ltd.

 

1,034,270

 

164,199

 

Australian Infrastructure Fund

 

202,030

 

34,723

 

AXA Asia Pacific Holdings Ltd.

 

122,685

 

13,856,825

 

Babcock & Brown Infrastructure Group*

 

875,510

 

56,350

 

BHP Billiton Ltd.

 

1,773,143

 

151,750

 

BlueScope Steel Ltd.

 

425,150

 

35,333

 

Boral Ltd.

 

146,577

 

34,099

 

Brambles Ltd.

 

169,806

 

7,780

 

Caltex Australia Ltd.

 

84,277

 

40,074

 

CFS Retail Property Trust REIT

 

57,136

 

7,413

 

Coca-Cola Amatil Ltd.

 

57,499

 

35,847

 

Commonwealth Bank of Australia

 

1,275,500

 

715,334

 

ConnectEast Group

 

231,930

 

25,860

 

Consolidated Media Holdings Ltd.

 

58,906

 

19,847

 

Crown Ltd.

 

123,749

 

2,435

 

CSL Ltd.

 

61,843

 

214,601

 

Dexus Property Group REIT

 

130,238

 

53,063

 

Fairfax Media Ltd.

 

65,068

 

2,319,525

 

FKP Property Group

 

1,089,510

 

26,776

 

Foster’s Group Ltd.

 

119,983

 

434,688

 

Goodman Group REIT

 

184,303

 

649,830

 

GPT Group REIT

 

286,325

 

177,520

 

Hastings Diversified Utilities Fund

 

128,396

 

31,651

 

Incitec Pivot Ltd.

 

72,624

 

242,584

 

Infigen Energy

 

260,157

 

59,025

 

Insurance Australia Group Ltd.

 

180,088

 

3,078

 

Leighton Holdings Ltd.

 

77,227

 

24,882

 

Lend Lease Corp. Ltd.

 

160,314

 

6,018

 

Lion Nathan Ltd.

 

58,586

 

269,442

 

Macquarie Airports

 

557,762

 

15,009

 

Macquarie Group Ltd.

 

549,270

 

156,482

 

Macquarie Infrastructure Group

 

188,632

 

636,387

 

Macquarie Media Group Ltd.

 

822,688

 

19,100

 

Metcash Ltd.

 

67,961

 

170,847

 

Mirvac Group REIT

 

181,093

 

62,848

 

National Australia Bank Ltd.

 

1,271,210

 

74,778

 

OneSteel Ltd.

 

185,878

 

8,966

 

Orica Ltd.

 

167,414

 

8,566

 

Origin Energy Ltd.

 

103,259

 

101,412

 

PaperlinX Ltd.

 

42,576

 

82,931

 

Qantas Airways Ltd.

 

159,952

 

13,911

 

QBE Insurance Group Ltd.

 

225,516

 

18,961

 

Rio Tinto Ltd.

 

952,099

 

9,330

 

Santos Ltd.

 

112,624

 

4,857

 

Sims Metal Management Ltd.

 

112,455

 

688,655

 

SP AusNet

 

446,560

 

99,584

 

Stockland REIT

 

260,786

 

65,810

 

Suncorp-Metway Ltd.

 

388,449

 

 



 

22,245

 

TABCORP Holdings Ltd.

 

$

133,892

 

28,409

 

Tatts Group Ltd.

 

57,864

 

102,094

 

Telstra Corp. Ltd.

 

299,612

 

15,459

 

Toll Holdings Ltd.

 

87,264

 

228,081

 

Transurban Group

 

821,034

 

24,357

 

Wesfarmers Ltd.

 

523,441

 

3,749

 

Wesfarmers Ltd. - PPS

 

80,536

 

24,092

 

Westfield Group REIT

 

226,927

 

46,963

 

Westpac Banking Corp.

 

846,836

 

4,072

 

Woodside Petroleum Ltd.

 

154,707

 

16,407

 

Woolworths Ltd.

 

371,689

 

 

 

 

 

20,810,956

 

 

 

China—0.3%

 

 

 

60,500

 

Fosun International

 

48,478

 

1,151,612

 

Semiconductor Manufacturing International Corp. *

 

62,410

 

 

 

 

 

110,888

 

 

 

Hong Kong—21.2%

 

 

 

42,462

 

Bank of East Asia Ltd. (The)

 

141,356

 

108,432

 

BOC Hong Kong Holdings Ltd.

 

231,134

 

54,904

 

Cathay Pacific Airways Ltd.

 

85,437

 

26,673

 

Cheung Kong Holdings Ltd.

 

344,510

 

2,986

 

Cheung Kong Infrastructure Holdings Ltd.

 

10,884

 

10,324

 

China Merchants Holdings International Co. Ltd.

 

34,102

 

43,224

 

China Mobile Ltd.

 

453,988

 

20,000

 

China Overseas Land & Investment Ltd.

 

49,342

 

28,434

 

China Resources Enterprise Ltd.

 

71,103

 

6,000

 

China Resources Power Holdings Co. Ltd.

 

15,522

 

84,214

 

China Unicom Hong Kong Ltd.

 

121,485

 

17,221

 

Chinese Estates Holdings Ltd.

 

30,220

 

34,433

 

Citic Pacific Ltd.

 

98,189

 

20,845

 

CLP Holdings Ltd.

 

141,746

 

186,140

 

CNOOC Ltd.

 

250,267

 

31,080

 

COSCO Pacific Ltd.

 

43,391

 

13,303

 

Esprit Holdings Ltd.

 

96,124

 

85,406

 

Foxconn International Holdings Ltd. *

 

59,729

 

2,928

 

Guoco Group Ltd.

 

27,580

 

15,799

 

Hang Lung Group Ltd.

 

81,848

 

27,427

 

Hang Lung Properties Ltd.

 

100,506

 

9,960

 

Hang Seng Bank Ltd.

 

161,801

 

19,580

 

Henderson Land Development Co. Ltd.

 

129,353

 

39,381

 

Hong Kong and China Gas Co. Ltd.

 

88,111

 

7,263

 

Hong Kong Exchanges & Clearing Ltd.

 

137,012

 

16,184

 

HongKong Electric Holdings Ltd.

 

89,273

 

40,000

 

Hongkong Land Holdings Ltd.

 

155,600

 

748,301

 

Hutchison Telecommunications Hong Kong Holdings Ltd.

 

115,865

 

741,301

 

Hutchison Telecommunications International Ltd.

 

194,172

 

77,948

 

Hutchison Whampoa Ltd.

 

583,852

 

4,400

 

Jardine Matheson Holdings Ltd.

 

126,720

 

2,500

 

Jardine Strategic Holdings Ltd.

 

40,650

 

13,390

 

Kerry Properties Ltd.

 

69,109

 

283,151

 

Lenovo Group Ltd.

 

134,450

 

27,667

 

Li & Fung Ltd.

 

81,573

 

30,500

 

Link REIT (The)

 

69,264

 

21,194

 

MTR Corp.

 

76,845

 

87,602

 

New World Development Co. Ltd.

 

209,113

 

84,000

 

Noble Group Ltd.

 

121,743

 

12,000

 

NWS Holdings Ltd.

 

23,133

 

16,939

 

Orient Overseas International Ltd.

 

94,858

 

 



 

90,029

 

PCCW Ltd.

 

$

24,627

 

24,000

 

Shangri-La Asia Ltd.

 

38,276

 

53,895

 

Sino Land Co.

 

110,015

 

131,000

 

SJM Holdings Ltd.

 

53,245

 

30,888

 

Sun Hung Kai Properties Ltd.

 

469,893

 

31,020

 

Swire Pacific Ltd., Class A

 

348,422

 

30,236

 

Wharf Holdings Ltd.

 

142,206

 

13,236

 

Yue Yuen Industrial Holdings Ltd.

 

35,950

 

 

 

 

 

6,413,594

 

 

 

Netherlands—1.3%

 

 

 

89,551

 

James Hardie Industries N.V.*

 

386,386

 

 

 

 

 

 

 

 

 

New Zealand—1.0%

 

 

 

24,820

 

Fletcher Building Ltd.

 

117,323

 

97,108

 

Telecom Corp. of New Zealand Ltd.

 

177,728

 

 

 

 

 

295,051

 

 

 

Singapore—7.1%

 

 

 

48,000

 

Capitaland Ltd.

 

127,152

 

13,000

 

City Developments Ltd.

 

91,412

 

30,000

 

DBS Group Holdings Ltd.

 

288,756

 

41,000

 

Fraser and Neave Ltd.

 

117,992

 

3,000

 

Jardine Cycle & Carriage Ltd.

 

49,097

 

25,000

 

Keppel Corp. Ltd.

 

145,452

 

77,000

 

Neptune Orient Lines Ltd.

 

88,638

 

42,000

 

Oversea-Chinese Banking Corp. Ltd.

 

227,759

 

19,000

 

SembCorp Industries Ltd.

 

42,294

 

15,000

 

Singapore Airlines Ltd.

 

140,425

 

25,000

 

Singapore Petroleum Co. Ltd.

 

108,006

 

28,000

 

Singapore Press Holdings Ltd.

 

69,706

 

18,000

 

Singapore Technologies Engineering Ltd.

 

32,828

 

105,000

 

Singapore Telecommunications Ltd.

 

254,846

 

25,000

 

United Overseas Bank Ltd.

 

306,508

 

12,000

 

Wilmar International Ltd.

 

49,846

 

 

 

 

 

2,140,717

 

 

 

South Korea—0.2%

 

 

 

6,000

 

STX Pan Ocean Co. Ltd.

 

58,916

 

 

 

 

 

 

 

 

 

Total Common Stocks and Other Equity Interests
(Cost $30,860,327)

 

30,216,508

 

 

 

 

 

 

 

 

 

Money Market Fund—0.2%

 

 

 

66,431

 

Goldman Sachs Financial Square Prime Obligations Institutional Share Class
(Cost $66,431)

 

66,431

 

 

 

 

 

 

 

 

 

Total Investments
(Cost $30,926,758)(a)—100.2%

 

30,282,939

 

 

 

Liabilities in excess of other assets—(0.2%)

 

(73,959

)

 

 

 

 

 

 

 

 

Net Assets—100.0%

 

$

30,208,980

 

 


 

 

REIT Real Estate Investment Trust

 

 

 

 

 

* Non-income producing security.

 

 

 

 

 

 

 

 

 

 

 

(a)   At July 31, 2009, the aggregate cost of investment for Federal tax purposes was $30,954,726. The net unrealized depreciation was $671,787 which consisted of aggregate gross unrealized appreciation of $1,789,892 and aggregate gross unrealized depreciation of $2,461,679.

 



 

 

 

The valuation policy and listing of other significant accounting policies are available in the most recent shareholder report.

 



 

 

 

Schedule of Investments

 

 

PowerShares FTSE RAFI Developed Markets ex-U.S. Portfolio

 

 

July 31, 2009 (Unaudited)

 

Number

 

 

 

 

 

of Shares

 

 

 

Value

 

 

 

 

 

 

 

 

 

Common Stocks and Other Equity Interests99.3%

 

 

 

 

 

Australia—6.9%

 

 

 

3,153

 

AGL Energy Ltd.

 

$

39,057

 

13,085

 

Amcor Ltd.

 

53,847

 

17,509

 

AMP Ltd.

 

81,805

 

73,665

 

APA Group

 

172,701

 

25,810

 

Australia and New Zealand Banking Group Ltd.

 

397,601

 

63,149

 

Australian Infrastructure Fund

 

77,698

 

12,670

 

AXA Asia Pacific Holdings Ltd.

 

44,766

 

5,407,937

 

Babcock & Brown Infrastructure Group *

 

341,687

 

21,886

 

BHP Billiton Ltd.

 

688,678

 

51,478

 

BlueScope Steel Ltd.

 

144,223

 

13,639

 

Boral Ltd.

 

56,581

 

13,155

 

Brambles Ltd.

 

65,509

 

3,006

 

Caltex Australia Ltd.

 

32,562

 

15,490

 

CFS Retail Property Trust REIT

 

22,085

 

2,863

 

Coca-Cola Amatil Ltd.

 

22,207

 

13,832

 

Commonwealth Bank of Australia

 

492,167

 

274,002

 

ConnectEast Group

 

88,839

 

9,951

 

Consolidated Media Holdings Ltd.

 

22,667

 

7,639

 

Crown Ltd.

 

47,630

 

858

 

CSL Ltd.

 

21,791

 

82,168

 

Dexus Property Group REIT

 

49,867

 

19,188

 

Fairfax Media Ltd.

 

23,529

 

985,280

 

FKP Property Group

 

462,799

 

10,458

 

Foster’s Group Ltd.

 

46,862

 

170,046

 

Goodman Group REIT

 

72,098

 

231,466

 

GPT Group REIT

 

101,987

 

65,672

 

Hastings Diversified Utilities Fund

 

47,499

 

12,233

 

Incitec Pivot Ltd.

 

28,069

 

95,337

 

Infigen Energy

 

102,243

 

22,687

 

Insurance Australia Group Ltd.

 

69,219

 

1,118

 

Leighton Holdings Ltd.

 

28,051

 

9,706

 

Lend Lease Corp. Ltd.

 

62,535

 

2,326

 

Lion Nathan Ltd.

 

22,644

 

104,786

 

Macquarie Airports

 

216,913

 

5,838

 

Macquarie Group Ltd.

 

213,648

 

58,369

 

Macquarie Infrastructure Group

 

70,361

 

247,926

 

Macquarie Media Group Ltd.

 

320,507

 

7,382

 

Metcash Ltd.

 

26,266

 

56,400

 

Mirvac Group REIT

 

59,782

 

24,226

 

National Australia Bank Ltd.

 

490,013

 

28,985

 

OneSteel Ltd.

 

72,049

 

3,370

 

Orica Ltd.

 

62,925

 

3,340

 

Origin Energy Ltd.

 

40,262

 

39,195

 

PaperlinX Ltd.

 

16,455

 

31,572

 

Qantas Airways Ltd.

 

60,894

 

5,379

 

QBE Insurance Group Ltd.

 

87,201

 

7,380

 

Rio Tinto Ltd.

 

370,576

 

3,312

 

Santos Ltd.

 

39,980

 

1,854

 

Sims Metal Management Ltd.

 

42,926

 

268,408

 

SP AusNet

 

174,050

 

35,409

 

Stockland REIT

 

92,727

 

25,621

 

Suncorp-Metway Ltd.

 

151,230

 

8,449

 

TABCORP Holdings Ltd.

 

50,854

 

 



 

10,980

 

Tatts Group Ltd.

 

$

22,364

 

40,054

 

Telstra Corp. Ltd.

 

117,545

 

5,576

 

Toll Holdings Ltd.

 

31,476

 

88,847

 

Transurban Group

 

319,827

 

9,471

 

Wesfarmers Ltd.

 

203,536

 

1,448

 

Wesfarmers Ltd. - PPS

 

31,106

 

9,320

 

Westfield Group REIT

 

87,787

 

18,279

 

Westpac Banking Corp.

 

329,607

 

1,565

 

Woodside Petroleum Ltd.

 

59,459

 

6,340

 

Woolworths Ltd.

 

143,628

 

 

 

 

 

8,037,457

 

 

 

Austria—0.6%

 

 

 

6,242

 

Erste Group Bank AG

 

216,728

 

21,608

 

Immoeast AG *

 

59,431

 

26,093

 

Immofinanz Immobilien Anlagen AG *

 

54,380

 

263

 

Oesterreichische Post AG

 

8,028

 

1,946

 

OMV AG

 

76,837

 

804

 

Raiffeisen International Bank Holding AG

 

35,689

 

841

 

Strabag SE

 

20,365

 

3,070

 

Telekom Austria AG

 

46,615

 

297

 

Uniqa Versicherungen AG

 

5,642

 

246

 

Verbund-Oesterreichische Elektrizitaetswirtschafts AG, Class A

 

11,924

 

364

 

Vienna Insurance Group

 

16,720

 

3,338

 

Voestalpine AG

 

92,141

 

2,774

 

Wienerberger AG *

 

45,975

 

 

 

 

 

690,475

 

 

 

Belgium—1.7%

 

 

 

7,982

 

Agfa Gevaert N.V. *

 

24,557

 

2,636

 

Anheuser - Busch InBev N.V.

 

104,324

 

3

 

Banque Nationale de Belgique

 

10,711

 

1,210

 

Belgacom S.A.

 

43,119

 

42

 

Colruyt S.A.

 

9,349

 

1,100

 

Delhaize Group

 

78,241

 

39,198

 

Dexia S.A. *

 

306,263

 

83

 

D’ieteren S.A.

 

17,828

 

238,986

 

Fortis *

 

924,985

 

1,470

 

Fortis Strip VVPR *

 

2

 

762

 

Groupe Bruxelles Lambert S.A.

 

60,153

 

1,148

 

KBC Ancora *

 

13,086

 

9,259

 

KBC Groep N.V. *

 

196,379

 

94

 

Mobistar S.A.

 

5,959

 

299

 

Nationale A Portefeuille

 

15,379

 

175

 

Sofina S.A.

 

15,005

 

554

 

Solvay S.A.

 

54,014

 

985

 

UCB S.A.

 

32,398

 

1,726

 

Umicore

 

44,830

 

 

 

 

 

1,956,582

 

 

 

Bermuda—0.0%

 

 

 

870

 

Frontline Ltd.

 

20,033

 

1,800

 

SeaDrill Ltd.

 

28,773

 

 

 

 

 

48,806

 

 

 

Canada—5.4%

 

 

 

389

 

Addax Petroleum Corp.

 

18,441

 

581

 

Agrium, Inc.

 

26,607

 

2,243

 

Alimentation Couche Tard, Inc., Class B

 

35,312

 

 



 

609

 

Atco Ltd., Class I

 

$

21,682

 

6,857

 

Bank of Montreal

 

342,628

 

8,305

 

Bank of Nova Scotia

 

352,757

 

2,217

 

Barrick Gold Corp.

 

77,147

 

2,644

 

BCE, Inc.

 

60,482

 

1,548

 

Biovail Corp.

 

20,547

 

165

 

Bombardier, Inc., Class A

 

580

 

18,507

 

Bombardier, Inc., Class B

 

65,393

 

4,433

 

Brookfield Asset Management, Inc., Class A

 

92,793

 

3,272

 

Brookfield Properties Corp.

 

30,417

 

3,469

 

Canadian Imperial Bank of Commerce

 

212,773

 

2,427

 

Canadian National Railway Co.

 

117,613

 

2,887

 

Canadian Natural Resources Ltd.

 

172,936

 

1,455

 

Canadian Pacific Railway Ltd.

 

64,466

 

848

 

Canadian Tire Corp. Ltd., Class A

 

42,420

 

551

 

Canadian Utilities Ltd., Class A

 

18,654

 

9,293

 

Celestica, Inc. *

 

73,924

 

2,711

 

CGI Group, Inc., Class A *

 

27,459

 

230

 

Empire Co. Ltd., Class A

 

8,791

 

1,734

 

Enbridge, Inc.

 

66,868

 

4,001

 

EnCana Corp.

 

213,835

 

130

 

Fairfax Financial Holdings Ltd.

 

39,441

 

1,926

 

Finning International, Inc.

 

29,644

 

645

 

George Weston Ltd.

 

35,027

 

2,540

 

Gerdau Ameristeel Corp.

 

17,550

 

1,557

 

GoldCorp, Inc.

 

58,947

 

1,745

 

Great-West Lifeco, Inc.

 

41,805

 

1,463

 

Husky Energy, Inc.

 

42,898

 

694

 

IGM Financial, Inc.

 

28,881

 

1,062

 

Imperial Oil Ltd.

 

42,388

 

932

 

ING Canada, Inc.

 

30,457

 

3,286

 

Jean Coutu Group PJC (The), Inc., Class A

 

30,425

 

1,410

 

Kinross Gold Corp.

 

27,715

 

1,210

 

Loblaw Cos. Ltd.

 

38,279

 

3,192

 

Magna International, Inc., Class A

 

160,913

 

311

 

Manitoba Telecom Services, Inc.

 

9,953

 

18,109

 

Manulife Financial Corp.

 

438,194

 

827

 

Metro, Inc., Class A

 

25,817

 

1,454

 

National Bank of Canada

 

78,154

 

2,950

 

Nexen, Inc.

 

60,932

 

1,114

 

Onex Corp.

 

21,794

 

5,741

 

Petro-Canada

 

236,256

 

485

 

Potash Corp. of Saskatchewan, Inc.

 

45,023

 

6,847

 

Power Corp. of Canada

 

191,521

 

3,120

 

Power Financial Corp.

 

90,186

 

1,824

 

Quebecor, Inc., Class B

 

32,039

 

747

 

Research In Motion Ltd. *

 

56,535

 

1,591

 

RioCan REIT

 

22,840

 

1,880

 

Rogers Communications, Inc., Class B

 

52,047

 

10,829

 

Royal Bank of Canada

 

513,654

 

598

 

Sears Canada, Inc. *

 

11,467

 

1,654

 

Shaw Communications, Inc., Class B

 

28,931

 

815

 

Shoppers Drug Mart Corp.

 

33,931

 

7,130

 

Sun Life Financial, Inc.

 

242,833

 

4,423

 

Suncor Energy, Inc.

 

142,538

 

7,002

 

Talisman Energy, Inc.

 

107,838

 

17,288

 

Teck Cominco Ltd. Class B

 

453,349

 

475

 

Telus Corp.

 

13,664

 

389

 

Telus Corp. Ntvg

 

10,705

 

1,383

 

Thomson Reuters Corp.

 

44,505

 

6,862

 

Toronto-Dominion Bank (The)

 

400,574

 

1,074

 

TransAlta Corp.

 

21,319

 

3,410

 

TransCanada Corp.

 

96,645

 

 



 

2,055

 

Yamana Gold, Inc.

 

$

19,522

 

 

 

 

 

6,291,661

 

 

 

Cayman Island---0.1%

 

 

 

290,864

 

Hutchison Telecommunications Hong Kong Holdings Ltd.

 

45,037

 

31,478

 

Foxconn International Holdings Ltd. *

 

22,014

 

 

 

 

 

67,051

 

 

 

China—0.0%

 

 

 

23,500

 

Fosun International Ltd.

 

18,830

 

443,751

 

Semiconductor Manufacturing International Corp. *

 

24,048

 

 

 

 

 

42,878

 

 

 

Denmark—0.7%

 

 

 

12

 

A P Moller - Maersk A/S, Class A

 

72,203

 

12

 

A P Moller - Maersk A/S, Class B

 

74,259

 

968

 

Carlsberg A/S, Class B

 

66,815

 

544

 

Danisco A/S

 

26,465

 

23,862

 

Danske Bank A/S *

 

494,110

 

1,396

 

Novo Nordisk A/S, Class B

 

81,737

 

209

 

TrygVesta A/S

 

14,008

 

492

 

Vestas Wind Systems A/S *

 

34,475

 

 

 

 

 

864,072

 

 

 

Finland—1.2%

 

 

 

1,875

 

Elisa Oyj

 

34,212

 

3,152

 

Fortum Oyj

 

72,617

 

1,737

 

KESKO Oyj, Class B

 

45,559

 

839

 

Kone Oyj, Class B

 

28,393

 

3,418

 

Metso Oyj

 

71,670

 

46,497

 

M-real Oyj, Class B *

 

38,234

 

2,120

 

Neste Oil Oyj

 

29,816

 

33,872

 

Nokia Oyj

 

448,526

 

2,216

 

Outokumpu Oyj

 

43,199

 

3,111

 

Pohjola Bank PLC

 

32,198

 

1,486

 

Rautaruukki Oyj

 

31,981

 

6,568

 

Sampo Oyj, Class A

 

136,417

 

663

 

Sanoma Oyj

 

11,317

 

23,020

 

Stora Enso Oyj, Class R

 

145,560

 

12,021

 

UPM-Kymmene Oyj

 

125,264

 

975

 

Wartsila Oyj

 

34,696

 

2,714

 

YIT Oyj

 

35,438

 

 

 

 

 

1,365,097

 

 

 

France—10.1%

 

 

 

1,283

 

Accor S.A.

 

54,478

 

183

 

Aeroports de Paris

 

14,693

 

5,992

 

Air France-KLM *

 

75,021

 

1,360

 

Air Liquide S.A.

 

141,255

 

70,194

 

Alcatel-Lucent *

 

193,064

 

1,169

 

Alstom S.A.

 

79,835

 

1,930

 

Arkema S.A.

 

55,054

 

937

 

Atos Origin S.A. *

 

42,490

 

58,600

 

AXA S.A.

 

1,232,078

 

16,562

 

BNP Paribas

 

1,201,042

 

113

 

Bollore

 

17,070

 

3,459

 

Bouygues S.A.

 

146,556

 

1,397

 

Cap Gemini S.A.

 

64,161

 

 



 

8,604

 

Carrefour S.A.

 

$

401,751

 

602

 

Casino Guichard Perrachon S.A.

 

41,266

 

822

 

Christian Dior S.A.

 

70,972

 

1,895

 

Cie Generale de Geophysique-Veritas *

 

38,204

 

149

 

Ciments Francais S.A.

 

14,477

 

716

 

CNP Assurances

 

65,079

 

9,338

 

Compagnie de Saint-Gobain

 

376,648

 

2,031

 

Compagnie Generale des Etablissements Michelin, Class B

 

145,873

 

15,927

 

Credit Agricole S.A.

 

226,144

 

2,915

 

DANONE

 

155,577

 

906

 

Eiffage S.A.

 

60,082

 

1,695

 

Electricite de France

 

83,567

 

77

 

Eramet

 

21,533

 

737

 

Essilor International S.A.

 

40,646

 

90

 

Esso S.A. Francaise

 

10,504

 

289

 

Euler Hermes S.A.

 

17,004

 

721

 

Eurazeo

 

32,598

 

431

 

Eutelsat Communications *

 

11,980

 

3,413

 

Faurecia *

 

41,734

 

389

 

Fonciere Des Regions REIT

 

33,923

 

19,208

 

France Telecom S.A.

 

476,835

 

4,907

 

GDF Suez

 

186,480

 

334

 

Gecina S.A. REIT

 

27,351

 

167

 

Hermes International

 

24,967

 

475

 

Imerys S.A.

 

25,163

 

526

 

JC Decaux S.A. *

 

10,735

 

491

 

Klepierre REIT

 

13,964

 

3,574

 

Lafarge S.A.

 

256,797

 

1,845

 

Lagardere S.C.A

 

68,546

 

865

 

Legrand S.A.

 

21,050

 

1,204

 

L’Oreal S.A.

 

103,801

 

1,893

 

LVMH Moet Hennessy Louis Vuitton S.A.

 

169,858

 

926

 

M6-Metropole Television

 

18,413

 

27,387

 

Natixis *

 

70,939

 

613

 

Nexans S.A.

 

41,029

 

517

 

Nexity

 

17,723

 

1,009

 

PagesJaunes Groupe

 

10,829

 

1,362

 

Pernod-Ricard S.A.

 

105,277

 

1,452

 

PPR

 

160,960

 

10,574

 

PSA Peugeot Citroen *

 

319,015

 

967

 

Publicis Groupe

 

34,192

 

1,522

 

Rallye S.A.

 

44,451

 

12,831

 

Renault S.A. *

 

544,279

 

2,335

 

Rexel S.A. *

 

25,490

 

4,955

 

Rhodia S.A. *

 

53,734

 

140

 

Sa des Ciments Vicat

 

8,898

 

2,152

 

Safran S.A.

 

33,103

 

6,215

 

Sanofi-Aventis S.A.

 

404,968

 

2,003

 

Schneider Electric S.A.

 

181,006

 

1,429

 

SCOR SE

 

34,127

 

1,506

 

Sequana *

 

12,426

 

79

 

Societe des Autoroutes Paris-Rhin-Rhone *

 

5,658

 

198

 

Societe Fonciere Financiere et de Participations

 

11,206

 

10,675

 

Societe Generale

 

681,808

 

2,342

 

Societe Television Francaise 1 (TF1)

 

36,092

 

867

 

Sodexo

 

45,406

 

11,103

 

STMicroelectronics N.V.

 

84,357

 

4,044

 

Suez Environnement S.A.

 

76,655

 

1,000

 

Technip S.A.

 

60,141

 

593

 

Thales S.A.

 

24,936

 

28,198

 

Thomson

 

37,259

 

20,220

 

Total S.A.

 

1,115,429

 

624

 

Unibail-Rodamco REIT

 

108,461

 

3,393

 

Valeo S.A. *

 

89,474

 

 



 

546

 

Vallourec S.A.

 

$

71,449

 

6,719

 

Veolia Environnement

 

229,859

 

4,234

 

Vinci S.A.

 

214,358

 

10,738

 

Vivendi S.A.

 

274,409

 

526

 

Wendel

 

20,873

 

 

 

 

 

11,900,595

 

 

 

Germany—9.0%

 

 

 

1,466

 

Adidas AG

 

61,625

 

8,731

 

Allianz SE

 

856,583

 

14,043

 

Arcandor AG *

 

8,561

 

78

 

Axel Springer AG

 

7,077

 

11,940

 

BASF SE

 

595,186

 

4,364

 

Bayer AG

 

266,415

 

6,600

 

Bayerische Motoren Werke (BMW) AG

 

303,452

 

503

 

BayWa AG

 

14,912

 

255

 

Beiersdorf AG

 

12,773

 

509

 

Bilfinger Berger AG

 

26,556

 

1,651

 

Celesio AG

 

43,748

 

54,212

 

Commerzbank AG *

 

422,725

 

31,492

 

Daimler AG

 

1,449,714

 

18,989

 

Deutsche Bank AG

 

1,221,973

 

815

 

Deutsche Boerse AG

 

64,244

 

4,976

 

Deutsche Lufthansa AG

 

66,879

 

19,629

 

Deutsche Post AG

 

309,041

 

2,265

 

Deutsche Postbank AG *

 

62,233

 

41,523

 

Deutsche Telekom AG

 

529,234

 

22,156

 

E.ON AG

 

834,294

 

319

 

Fraport AG

 

14,554

 

811

 

Fresenius Medical Care AG & Co. KGaA

 

37,046

 

125

 

Fresenius SE

 

6,114

 

1,714

 

GEA Group AG

 

27,921

 

139

 

Generali Deutschland Holding AG

 

11,446

 

632

 

Hannover Rueckversicherung AG *

 

25,581

 

538

 

HeidelbergCement AG

 

23,340

 

3,572

 

Heidelberger Druckmaschinen AG *

 

26,233

 

685

 

Henkel AG & Co. KGaA

 

21,443

 

1,223

 

Hochtief AG

 

73,032

 

22,550

 

Hypo Real Estate Holding AG *

 

47,636

 

107,448

 

Infineon Technologies AG *

 

440,246

 

360

 

K+S AG

 

20,099

 

730

 

Kloeckner & Co. SE *

 

18,691

 

1,937

 

Lanxess AG

 

56,077

 

955

 

Linde AG

 

89,659

 

1,769

 

MAN AG

 

121,638

 

883

 

Merck KGaA

 

81,748

 

3,401

 

Metro AG

 

195,909

 

2,321

 

Muenchener Rueckversicherungs - Gesellschaft AG

 

349,100

 

161

 

Rheinmetall AG

 

7,797

 

3,453

 

RWE AG

 

290,058

 

558

 

Salzgitter AG

 

56,287

 

2,457

 

SAP AG

 

114,953

 

7,887

 

Siemens AG

 

626,180

 

592

 

Suedzucker AG

 

12,371

 

9,321

 

ThyssenKrupp AG

 

285,441

 

1,454

 

Tognum AG

 

20,161

 

12,333

 

TUI AG *

 

79,033

 

499

 

Volkswagen AG

 

178,463

 

143

 

Wacker Chemie AG

 

18,984

 

 

 

 

 

10,534,466

 

 



 

 

 

Greece—0.6%

 

 

 

9,024

 

Alpha Bank A.E. *

 

$

118,342

 

1,165

 

Coca Cola Hellenic Bottling Co. S.A.

 

26,427

 

7,495

 

EFG Eurobank Ergasias S.A. *

 

97,653

 

1,845

 

Hellenic Petroleum S.A.

 

19,043

 

3,080

 

Hellenic Telecommunications Organization S.A.

 

48,033

 

4,933

 

Marfin Investment Group S.A.

 

20,562

 

8,033

 

National Bank of Greece S.A. *

 

233,243

 

1,334

 

OPAP S.A.

 

31,868

 

6,235

 

Piraeus Bank S.A. *

 

73,723

 

1,532

 

Public Power Corp. S.A. *

 

33,231

 

 

 

 

 

702,125

 

 

 

Guernsey—0.1%

 

 

 

38,999

 

HSBC Infrastructure Co. Ltd.

 

69,827

 

 

 

 

 

 

 

 

 

Hong Kong—2.0%

 

 

 

16,495

 

Bank of East Asia (The) Ltd.

 

54,912

 

41,742

 

BOC Hong Kong Holdings Ltd.

 

88,977

 

19,085

 

Cathay Pacific Airways Ltd.

 

29,699

 

9,435

 

Cheung Kong Holdings Ltd.

 

121,863

 

1,445

 

Cheung Kong Infrastructure Holdings Ltd.

 

5,267

 

4,908

 

China Merchants Holdings International Co. Ltd.

 

16,212

 

16,185

 

China Mobile Ltd.

 

169,994

 

6,000

 

China Overseas Land & Investment Ltd.

 

14,802

 

11,605

 

China Resources Enterprise Ltd.

 

29,020

 

29,923

 

China Unicom Hong Kong Ltd.

 

43,166

 

7,384

 

Chinese Estates Holdings Ltd.

 

12,958

 

13,234

 

Citic Pacific Ltd.

 

37,738

 

7,710

 

CLP Holdings Ltd.

 

52,428

 

72,324

 

CNOOC Ltd.

 

97,240

 

11,396

 

Cosco Pacific Ltd.

 

15,910

 

5,138

 

Esprit Holdings Ltd.

 

37,125

 

1,379

 

Guoco Group Ltd.

 

12,989

 

6,072

 

Hang Lung Group Ltd.

 

31,457

 

10,607

 

Hang Lung Properties Ltd.

 

38,869

 

3,769

 

Hang Seng Bank Ltd.

 

61,228

 

8,863

 

Henderson Land Development Co. Ltd.

 

58,553

 

13,508

 

Hong Kong & China Gas Co. Ltd.

 

30,223

 

2,673

 

Hong Kong Exchanges & Clearing Ltd.

 

50,425

 

6,054

 

HongKong Electric Holdings

 

33,394

 

14,000

 

Hongkong Land Holdings Ltd.

 

54,460

 

290,864

 

Hutchison Telecommunications International Ltd.

 

76,187

 

30,856

 

Hutchison Whampoa Ltd.

 

231,120

 

1,600

 

Jardine Matheson Holdings Ltd.

 

46,080

 

1,000

 

Jardine Strategic Holdings Ltd.

 

16,260

 

4,987

 

Kerry Properties Ltd.

 

25,739

 

110,590

 

Lenovo Group Ltd.

 

52,512

 

10,981

 

Li & Fung Ltd.

 

32,376

 

11,500

 

Link (The) REIT

 

26,116

 

7,875

 

MTR Corp.

 

28,553

 

32,928

 

New World Development Co. Ltd.

 

78,602

 

30,800

 

Noble Group Ltd.

 

44,639

 

4,000

 

NWS Holdings Ltd.

 

7,711

 

6,664

 

Orient Overseas International Ltd.

 

37,318

 

34,320

 

PCCW Ltd.

 

9,388

 

8,000

 

Shangri-La Asia Ltd.

 

12,759

 

20,078

 

Sino Land Co.

 

40,985

 

51,000

 

SJM Holdings Ltd.

 

20,729

 

11,733

 

Sun Hung Kai Properties Ltd.

 

178,491

 

11,808

 

Swire Pacific Ltd., Class A

 

132,629

 

 



 

12,001

 

Wharf Holdings Ltd.

 

$

56,443

 

5,148

 

Yue Yuen Industrial Holdings Ltd.

 

13,983

 

 

 

 

 

2,367,529

 

 

 

Ireland—1.8%

 

 

 

217,822

 

Allied Irish Banks PLC

 

543,518

 

5,231

 

Anglo Irish Bank Corp. Ltd. *

 

 

6,172

 

CRH PLC

 

146,569

 

370,068

 

Governor & Co. of the Bank of Ireland *

 

1,049,328

 

48,021

 

Irish Life & Permanent PLC

 

234,337

 

732

 

Kerry Group PLC, Class A

 

17,248

 

3,282

 

Ryanair Holdings PLC *

 

14,424

 

9,633

 

Smurfit Kappa Group PLC

 

55,994

 

 

 

 

 

2,061,418

 

 

 

Israel—0.3%

 

 

 

17,862

 

Bank Hapoalim BM *

 

58,066

 

8,533

 

Bank Leumi Le-Israel BM *

 

28,372

 

12,436

 

Bezeq Israeli Telecommunication Corp. Ltd.

 

24,757

 

551

 

Cellcom Israel Ltd.

 

15,549

 

57

 

Delek Group Ltd.

 

9,681

 

671

 

Discount Investment Corp.

 

15,455

 

636

 

IDB Holding Corp. Ltd.

 

13,324

 

1,316

 

Israel Chemicals Ltd.

 

14,980

 

24

 

Israel Corp. (The) Ltd.

 

15,757

 

7,674

 

Israel Discount Bank Ltd., Class A

 

12,593

 

47,714

 

Oil Refineries Ltd.

 

22,357

 

1,516

 

Teva Pharmaceutical Industries Ltd.

 

81,067

 

 

 

 

 

311,958

 

 

 

Italy—5.0%

 

 

 

11,890

 

A2A SpA

 

21,543

 

6,166

 

Alleanza Assicurazioni SpA

 

46,113

 

20,199

 

Assicurazioni Generali SpA

 

457,908

 

3,194

 

Atlantia SpA

 

70,099

 

2,126

 

Autogrill SpA *

 

20,511

 

4,075

 

Banca Carige SpA

 

11,549

 

36,939

 

Banca Monte dei Paschi di Siena SpA

 

68,867

 

7,711

 

Banca Popolare di Milano Scarl

 

46,435

 

25,504

 

Banco Popolare Societa Cooperativa *

 

205,018

 

1,054

 

Benetton Group SpA

 

8,936

 

1,462

 

Buzzi Unicem SpA

 

21,785

 

10,285

 

CIR-Compagnie Industriali Riunite SpA

 

19,393

 

8,123

 

Edison SpA

 

11,551

 

102,249

 

Enel SpA

 

552,674

 

29,210

 

Eni SpA

 

676,265

 

1,083

 

ERG SpA

 

15,953

 

2,924

 

EXOR SpA

 

49,000

 

29,676

 

Fiat SpA *

 

327,329

 

3,825

 

Finmeccanica SpA

 

57,700

 

2,769

 

Fondiaria - Sai SpA

 

46,128

 

1,674

 

Fondiaria - Sai SpA Rnc

 

16,756

 

4,856

 

Hera SpA

 

11,910

 

137,179

 

Intesa Sanpaolo SpA *

 

508,093

 

1,390

 

Italcementi SpA

 

18,081

 

3,310

 

Italcementi SpA Rnc

 

22,948

 

172

 

Italmobiliare SpA *

 

5,816

 

1,411

 

Italmobiliare SpA Rnc *

 

33,346

 

509

 

Lottomatica SpA

 

10,716

 

837

 

Luxottica Group SpA *

 

20,838

 

11,425

 

Mediaset SpA

 

68,719

 

 



 

4,141

 

Mediobanca SpA

 

$

57,828

 

2,003

 

Mediolanum SpA

 

11,380

 

5,268

 

Milano Assicurazioni SpA

 

17,850

 

16,030

 

Parmalat SpA

 

39,840

 

117,633

 

Pirelli & C. SpA *

 

48,781

 

12,487

 

Premafin Finanziaria SpA *

 

17,349

 

1,756

 

Prysmian SpA

 

30,049

 

1,761

 

Saipem SpA

 

47,437

 

4,546

 

Saras SpA

 

12,639

 

9,396

 

Snam Rete Gas SpA

 

40,929

 

813

 

Societa Cattolica di Assicurazoni Scrl *

 

26,879

 

213,965

 

Telecom Italia Media SpA *

 

37,191

 

263,258

 

Telecom Italia SpA

 

409,811

 

121,582

 

Telecom Italia SpA Rnc

 

136,261

 

8,160

 

Terna-Rete Elettrica Nationale SpA

 

28,604

 

464,792

 

UniCredit SpA *

 

1,354,160

 

8,634

 

Unione di Banche Italiane ScpA

 

120,144

 

18,935

 

Unipol Gruppo Finanziario SpA *

 

23,570

 

 

 

 

 

5,912,682

 

 

 

Japan—14.4%

 

 

 

490

 

Acom Co. Ltd.

 

10,346

 

1,000

 

Advantest Corp.

 

21,692

 

13,000

 

Aeon Co. Ltd.

 

125,637

 

13,850

 

Aiful Corp.

 

44,957

 

6,000

 

Aioi Insurance Co. Ltd.

 

28,363

 

2,200

 

Aisin Seiki Co. Ltd.

 

56,274

 

4,000

 

Ajinomoto Co., Inc.

 

38,153

 

500

 

Alfresa Holdings Corp.

 

25,211

 

4,000

 

All Nippon Airways Co. Ltd.

 

11,093

 

5,600

 

Alps Electric Co. Ltd.

 

31,060

 

3,000

 

Amada Co. Ltd.

 

18,972

 

9,000

 

Aozora Bank Ltd. *

 

12,385

 

2,800

 

Asahi Breweries Ltd.

 

44,267

 

12,000

 

Asahi Glass Co. Ltd.

 

103,619

 

13,000

 

Asahi Kasei Corp.

 

66,779

 

1,400

 

Astellas Pharma, Inc.

 

53,091

 

6,000

 

Bank of Yokohama (The) Ltd.

 

32,334

 

5,700

 

Bridgestone Corp.

 

98,438

 

2,700

 

Brother Industries Ltd.

 

24,194

 

7,000

 

Calsonic Kansei Corp.

 

17,133

 

900

 

Canon Marketing Japan, Inc.

 

14,257

 

9,600

 

Canon, Inc.

 

355,986

 

2,200

 

Casio Computer Co. Ltd.

 

17,957

 

12

 

Central Japan Railway Co.

 

71,979

 

2,800

 

Century Tokyo Leasing Corp.

 

29,972

 

4,000

 

Chiba Bank (The) Ltd.

 

25,800

 

2,000

 

Chofu Seisakusho Co. Ltd.

 

40,569

 

4,300

 

Chubu Electric Power Co., Inc.

 

102,989

 

600

 

Chugai Pharmaceutical Co. Ltd.

 

10,935

 

1,800

 

Chugoku Electric Power (The) Co., Inc.

 

37,477

 

12,000

 

Chuo Mitsui Trust Holdings, Inc.

 

41,599

 

3,600

 

Citizen Holdings Co. Ltd.

 

19,438

 

15,000

 

Cosmo Oil Co. Ltd.

 

44,593

 

4,100

 

Credit Saison Co. Ltd.

 

53,234

 

6,000

 

Dai Nippon Printing Co. Ltd.

 

87,358

 

9,450

 

Daiei (The), Inc. *

 

37,226

 

2,000

 

Daihatsu Motor Co. Ltd.

 

22,375

 

3,200

 

Daiichi Sankyo Co. Ltd.

 

57,818

 

1,200

 

Daikin Industries Ltd.

 

43,364

 

600

 

Daito Trust Construction Co. Ltd.

 

29,371

 

5,000

 

Daiwa House Industry Co. Ltd.

 

51,421

 

18,000

 

Daiwa Securities Group, Inc.

 

105,888

 

 



 

3,700

 

Denso Corp.

 

$

108,635

 

1,600

 

Dentsu, Inc.

 

33,582

 

14,000

 

DIC Corp.

 

19,560

 

1,800

 

East Japan Railway Co.

 

102,673

 

900

 

Eisai Co. Ltd.

 

31,861

 

1,300

 

Electric Power Development Co. Ltd.

 

38,374

 

2,700

 

Elpida Memory, Inc. *

 

30,632

 

500

 

Fanuc Ltd. *

 

40,811

 

19,000

 

Fuji Electric Holdings Co. Ltd.

 

33,132

 

11,000

 

Fuji Heavy Industries Ltd.

 

44,141

 

5

 

Fuji Media Holdings, Inc.

 

7,947

 

4,500

 

FUJIFILM Holdings Corp.

 

146,069

 

8,000

 

Fujikura Ltd.

 

42,103

 

29,000

 

Fujitsu Ltd.

 

189,485

 

7,000

 

Fukuoka Financial Group, Inc.

 

30,516

 

7,000

 

Furukawa Electric (The) Co. Ltd.

 

33,605

 

1,400

 

Fuyo General Lease Co. Ltd.

 

30,737

 

2,000

 

Gunma Bank (The) Ltd.

 

11,555

 

3,000

 

Hachijuni Bank (The) Ltd.

 

17,459

 

410

 

Hakuhodo DY Holdings, Inc.

 

22,396

 

6,000

 

Hankyu Hanshin Holdings, Inc.

 

27,480

 

8,000

 

Hanwa Co. Ltd.

 

32,355

 

47,000

 

Haseko Corp. *

 

44,435

 

7,000

 

Hino Motors Ltd.

 

23,237

 

1,800

 

Hitachi Capital Corp.

 

24,449

 

1,100

 

Hitachi Chemical Co. Ltd.

 

22,359

 

800

 

Hitachi Construction Machinery Co. Ltd.

 

14,110

 

600

 

Hitachi High-Technologies Corp.

 

11,685

 

79,000

 

Hitachi Ltd.

 

263,900

 

1,300

 

Hokkaido Electric Power Co., Inc.

 

25,114

 

9,000

 

Hokuhoku Financial Group, Inc.

 

20,421

 

900

 

Hokuriku Electric Power Co.

 

20,469

 

11,400

 

Honda Motor Co. Ltd.

 

365,250

 

1,300

 

HOYA Corp.

 

31,204

 

700

 

Ibiden Co. Ltd.

 

23,163

 

1,800

 

IBJ Leasing Co. Ltd.

 

23,352

 

400

 

Idemitsu Kosan Co. Ltd.

 

33,237

 

22,000

 

IHI Corp. *

 

36,977

 

4

 

INPEX Corp.

 

30,422

 

32,000

 

Isuzu Motors Ltd.

 

56,810

 

13,000

 

ITOCHU Corp.

 

96,686

 

7,000

 

J Front Retailing Co. Ltd.

 

38,679

 

9,000

 

Japan Airlines Corp. *

 

15,221

 

35

 

Japan Tobacco, Inc.

 

100,741

 

5,000

 

JFE Holdings, Inc.

 

200,116

 

4,000

 

JFE Shoji Holdings, Inc.

 

15,715

 

3,000

 

Joyo Bank (The) Ltd.

 

15,190

 

2,600

 

JS Group Corp.

 

40,095

 

1,100

 

JSR Corp.

 

19,713

 

5,100

 

JTEKT Corp.

 

57,378

 

13,000

 

Kajima Corp.

 

36,462

 

2,000

 

Kaneka Corp.

 

13,824

 

22,000

 

Kanematsu Corp. *

 

21,031

 

5,000

 

Kansai Electric Power (The) Co., Inc.

 

111,087

 

2,000

 

Kao Corp.

 

45,065

 

14,000

 

Kawasaki Heavy Industries Ltd.

 

35,884

 

9,000

 

Kawasaki Kisen Kaisha Ltd.

 

33,752

 

21

 

KDDI Corp.

 

110,741

 

3,000

 

Keio Corp.

 

17,900

 

2,000

 

Kinden Corp.

 

16,724

 

6,000

 

Kintetsu Corp.

 

27,796

 

5,000

 

Kirin Holdings Co. Ltd.

 

74,374

 

40,000

 

Kobe Steel Ltd.

 

76,895

 

7,000

 

Komatsu Ltd.

 

113,903

 

 



 

3,500

 

Konica Minolta Holdings, Inc.

 

$

38,053

 

4,000

 

Kubota Corp.

 

35,800

 

2,500

 

Kuraray Co. Ltd.

 

28,179

 

1,200

 

Kyocera Corp.

 

96,055

 

2,800

 

Kyushu Electric Power Co., Inc.

 

60,003

 

300

 

Lawson, Inc.

 

12,385

 

2,400

 

Leopalace21 Corp.

 

20,446

 

700

 

Makita Corp.

 

17,280

 

20,000

 

Marubeni Corp.

 

91,812

 

3,600

 

Marui Group Co. Ltd.

 

25,678

 

27,000

 

Mazda Motor Corp.

 

70,340

 

2,500

 

Mediceo Paltac Holdings Co. Ltd.

 

31,068

 

17,500

 

Mitsubishi Chemical Holdings Corp.

 

78,129

 

11,100

 

Mitsubishi Corp.

 

220,378

 

19,000

 

Mitsubishi Electric Corp.

 

138,515

 

4,000

 

Mitsubishi Estate Co. Ltd.

 

66,264

 

4,000

 

Mitsubishi Gas Chemical Co., Inc.

 

24,497

 

33,000

 

Mitsubishi Heavy Industries Ltd.

 

131,383

 

13,000

 

Mitsubishi Materials Corp.

 

35,096

 

33,000

 

Mitsubishi Motors Corp. *

 

60,665

 

7,000

 

Mitsubishi Rayon Co. Ltd.

 

19,045

 

77,260

 

Mitsubishi UFJ Financial Group, Inc.

 

459,364

 

1,150

 

Mitsubishi UFJ Lease & Finance Co. Ltd.

 

35,033

 

12,300

 

Mitsui & Co. Ltd.

 

153,369

 

15,000

 

Mitsui Chemicals, Inc.

 

54,677

 

5,000

 

Mitsui Fudosan Co. Ltd.

 

91,391

 

12,000

 

Mitsui Mining & Smelting Co. Ltd. *

 

32,901

 

9,000

 

Mitsui O.S.K. Lines Ltd.

 

54,551

 

104,100

 

Mizuho Financial Group, Inc.

 

235,112

 

6,000

 

Mizuho Trust & Banking Co. Ltd. *

 

7,689

 

1,200

 

Murata Manufacturing Co. Ltd.

 

58,490

 

6,000

 

Nagoya Railroad Co. Ltd.

 

19,791

 

1,500

 

Namco Bandai Holdings, Inc.

 

16,766

 

1,300

 

NEC Capital Solutions Ltd.

 

18,122

 

38,000

 

NEC Corp. *

 

132,528

 

900

 

NEC Electronics Corp. *

 

9,199

 

1,000

 

NGK Insulators Ltd.

 

22,533

 

200

 

Nidec Corp.

 

14,392

 

2,000

 

Nikon Corp.

 

39,960

 

200

 

Nintendo Co. Ltd.

 

53,763

 

1,000

 

Nippon Electric Glass Co. Ltd.

 

11,534

 

13,000

 

Nippon Express Co. Ltd.

 

59,404

 

2,000

 

Nippon Meat Packers, Inc.

 

24,371

 

16,500

 

Nippon Mining Holdings, Inc.

 

77,998

 

22,000

 

Nippon Oil Corp.

 

116,014

 

1,300

 

Nippon Paper Group, Inc.

 

33,321

 

10,000

 

Nippon Sheet Glass Co. Ltd.

 

29,728

 

48,000

 

Nippon Steel Corp.

 

191,102

 

8,000

 

Nippon Steel Trading Co. Ltd.

 

13,866

 

4,900

 

Nippon Telegraph & Telephone Corp.

 

201,261

 

40

 

Nippon Television Network Corp.

 

5,164

 

12,000

 

Nippon Yusen Kabushiki Kaisha

 

51,053

 

3,000

 

Nipponkoa Insurance Co. Ltd.

 

17,806

 

61,600

 

Nissan Motor Co. Ltd.

 

445,847

 

1,000

 

Nisshin Seifun Group, Inc.

 

12,091

 

12,000

 

Nisshin Steel Co. Ltd.

 

22,816

 

1,300

 

Nitto Denko Corp.

 

41,651

 

1,900

 

NOK Corp.

 

23,172

 

36,500

 

Nomura Holdings, Inc.

 

317,858

 

500

 

Nomura Real Estate Holdings, Inc.

 

8,740

 

6,000

 

NSK Ltd.

 

32,334

 

6,000

 

NTN Corp.

 

24,140

 

7

 

NTT Data Corp.

 

23,457

 

91

 

NTT DoCoMo, Inc.

 

131,154

 

 



 

7,000

 

Obayashi Corp.

 

$

31,105

 

2,000

 

Odakyu Electric Railway Co. Ltd.

 

17,186

 

9,000

 

Oji Paper Co. Ltd.

 

38,857

 

22,000

 

Oki Electric Industry Co. Ltd. *

 

23,342

 

1,900

 

Olympus Corp.

 

54,289

 

2,300

 

Omron Corp.

 

37,063

 

400

 

Ono Pharmaceutical Co. Ltd.

 

17,690

 

4,040

 

ORIX Corp.

 

254,211

 

11,000

 

Osaka Gas Co. Ltd.

 

36,399

 

24,200

 

Panasonic Corp.

 

381,323

 

2,000

 

Panasonic Electric Works Co. Ltd.

 

21,094

 

15,400

 

Pioneer Corp. *

 

44,811

 

1,900

 

Promise Co. Ltd.

 

19,899

 

1,000

 

Resona Holdings, Inc.

 

14,686

 

5,000

 

Ricoh Co. Ltd.

 

65,235

 

700

 

Ricoh Leasing Co. Ltd.

 

13,839

 

800

 

Rohm Co. Ltd.

 

59,163

 

300

 

Ryoshoku Ltd.

 

6,839

 

200

 

Sankyo Co. Ltd.

 

11,849

 

24,000

 

Sanyo Electric Co. Ltd. *

 

53,448

 

5,074

 

Sapporo Hokuyo Holdings, Inc.

 

17,003

 

800

 

Secom Co. Ltd.

 

34,035

 

1,500

 

Sega Sammy Holdings, Inc.

 

19,665

 

2,900

 

Seiko Epson Corp.

 

44,355

 

5,000

 

Sekisui Chemical Co. Ltd.

 

29,361

 

6,000

 

Sekisui House Ltd.

 

56,221

 

5,400

 

Seven & I Holdings Co. Ltd.

 

125,931

 

10,000

 

Sharp Corp.

 

110,615

 

900

 

Shikoku Electric Power Co., Inc.

 

26,803

 

8,000

 

Shimizu Corp.

 

32,691

 

1,300

 

Shin-Etsu Chemical Co. Ltd.

 

69,647

 

27,000

 

Shinsei Bank Ltd. *

 

39,708

 

1,000

 

Shiseido Co. Ltd.

 

16,219

 

2,000

 

Shizuoka Bank (The) Ltd.

 

19,581

 

17,000

 

Showa Denko K.K.

 

31,430

 

1,800

 

Showa Shell Sekiyu K.K.

 

20,024

 

200

 

SMC Corp.

 

22,438

 

2,000

 

Softbank Corp.

 

42,334

 

86,600

 

Sojitz Corp.

 

180,122

 

10,000

 

Sompo Japan Insurance, Inc.

 

65,970

 

14,500

 

Sony Corp.

 

407,453

 

3

 

Sony Financial Holdings, Inc.

 

9,193

 

800

 

Sumco Corp.

 

14,917

 

4,000

 

Sumikin Bussan Corp.

 

9,580

 

15,000

 

Sumitomo Chemical Co. Ltd.

 

73,901

 

9,200

 

Sumitomo Corp.

 

90,555

 

6,700

 

Sumitomo Electric Industries Ltd.

 

82,980

 

2,200

 

Sumitomo Forestry Co. Ltd.

 

17,402

 

6,000

 

Sumitomo Heavy Industries Ltd.

 

28,804

 

30,000

 

Sumitomo Metal Industries Ltd.

 

74,374

 

3,000

 

Sumitomo Metal Mining Co. Ltd.

 

44,908

 

9,700

 

Sumitomo Mitsui Financial Group, Inc.

 

412,679

 

3,000

 

Sumitomo Realty & Development Co. Ltd.

 

61,453

 

1,600

 

Sumitomo Rubber Industries Ltd.

 

13,816

 

12,000

 

Sumitomo Trust & Banking (The) Co. Ltd.

 

65,298

 

500

 

Suzuken Co. Ltd.

 

14,996

 

3,700

 

Suzuki Motor Corp.

 

92,894

 

2,250

 

T&D Holdings, Inc.

 

65,707

 

14,000

 

Taiheiyo Cement Corp.

 

21,031

 

16,000

 

Taisei Corp.

 

36,136

 

1,000

 

Taisho Pharmaceutical Co. Ltd.

 

19,182

 

4,000

 

Takashimaya Co. Ltd.

 

32,775

 

1,300

 

Takata Corp.

 

22,683

 

2,600

 

Takeda Pharmaceutical Co. Ltd.

 

104,606

 

 



 

4,720

 

Takefuji Corp.

 

$

25,634

 

1,000

 

TDK Corp.

 

52,314

 

14,000

 

Teijin Ltd.

 

44,120

 

400

 

Terumo Corp.

 

20,211

 

3,000

 

Tobu Railway Co. Ltd.

 

18,121

 

3,000

 

Toho Gas Co. Ltd.

 

12,007

 

2,800

 

Tohoku Electric Power Co., Inc.

 

57,974

 

3,900

 

Tokio Marine Holdings, Inc.

 

112,663

 

300

 

Tokyo Broadcasting System Holdings, Inc.

 

4,686

 

7,300

 

Tokyo Electric Power (The) Co., Inc.

 

185,959

 

800

 

Tokyo Electron Ltd.

 

41,683

 

12,000

 

Tokyo Gas Co. Ltd.

 

43,742

 

8,000

 

Tokyu Corp.

 

38,994

 

6,000

 

Tokyu Land Corp.

 

24,077

 

3,000

 

TonenGeneral Sekiyu K.K.

 

28,489

 

7,000

 

Toppan Printing Co. Ltd.

 

71,033

 

10,000

 

Toray Industries, Inc.

 

49,793

 

65,000

 

Toshiba Corp.

 

286,780

 

11,000

 

Tosoh Corp.

 

32,008

 

3,000

 

Toto Ltd.

 

20,453

 

1,700

 

Toyo Seikan Kaisha Ltd.

 

36,252

 

600

 

Toyoda Gosei Co. Ltd.

 

18,467

 

400

 

Toyota Auto Body Co. Ltd.

 

7,488

 

900

 

Toyota Boshoku Corp.

 

17,509

 

1,200

 

Toyota Industries Corp.

 

32,271

 

22,000

 

Toyota Motor Corp.

 

922,108

 

4,300

 

Toyota Tsusho Corp.

 

65,678

 

10,000

 

Ube Industries Ltd.

 

28,783

 

2,900

 

UNY Co. Ltd.

 

23,518

 

12

 

West Japan Railway Co.

 

38,069

 

19

 

Yahoo! Japan Corp.

 

6,197

 

850

 

Yamada Denki Co. Ltd.

 

52,860

 

2,000

 

Yamaha Corp.

 

26,409

 

2,600

 

Yamaha Motor Co. Ltd.

 

32,174

 

3,000

 

Yamato Holdings Co. Ltd.

 

44,341

 

 

 

 

 

16,919,531

 

 

 

Luxembourg—0.4%

 

 

 

13,676

 

ArcelorMittal

 

489,576

 

133

 

RTL Group S.A.

 

6,289

 

1,647

 

SES S.A.

 

32,363

 

 

 

 

 

528,228

 

 

 

Netherlands—4.5%

 

 

 

53,388

 

Aegon N.V.

 

390,413

 

2,602

 

Akzo Nobel N.V.

 

142,007

 

1,882

 

ASML Holding N.V.

 

49,015

 

852

 

Corio N.V. REIT

 

46,964

 

4,675

 

European Aeronautic Defence and Space Co. N.V.

 

88,682

 

1,385

 

Heineken Holding N.V.

 

47,421

 

1,532

 

Heineken N.V.

 

60,838

 

78

 

Hunter Douglas N.V.

 

2,675

 

234,564

 

ING Groep N.V. CVA

 

2,992,313

 

34,946

 

James Hardie Industries N.V. *

 

150,782

 

9,972

 

Koninklijke Ahold N.V.

 

112,805

 

2,712

 

Koninklijke BAM Groep N.V.

 

23,608

 

2,656

 

Koninklijke DSM N.V.

 

94,440

 

11,951

 

Koninklijke KPN N.V.

 

178,670

 

7,288

 

Koninklijke Philips Electronics N.V.

 

165,321

 

1,497

 

Randstad Holding N.V. *

 

51,574

 

1,759

 

Reed Elsevier N.V.

 

18,340

 

4,927

 

SNS Reaal

 

28,151

 

 



 

4,366

 

TNT N.V.

 

$

103,155

 

16,642

 

Unilever N.V. CVA

 

452,300

 

1,913

 

Wolters Kluwer N.V.

 

37,427

 

 

 

 

 

5,236,901

 

 

 

New Zealand—0.1%

 

 

 

9,711

 

Fletcher Building Ltd.

 

45,903

 

38,177

 

Telecom Corp. of New Zealand Ltd.

 

69,872

 

 

 

 

 

115,775

 

 

 

Norway—0.8%

 

 

 

760

 

Aker ASA, Class A

 

16,605

 

3,485

 

Aker Solutions ASA

 

29,778

 

18,630

 

DnB NOR ASA *

 

161,427

 

1,050

 

Hafslund ASA, Class B

 

11,769

 

39,659

 

Norsk Hydro ASA *

 

231,927

 

15,703

 

Norske Skogindustrier ASA *

 

24,795

 

9,043

 

Orkla ASA, Class A

 

71,305

 

10,496

 

StatoilHydro ASA

 

223,359

 

7,770

 

Storebrand ASA *

 

41,968

 

10,704

 

Telenor ASA *

 

98,313

 

700

 

Wilh Wilhelmsen ASA, Class A

 

12,508

 

1,200

 

Yara International ASA

 

37,038

 

 

 

 

 

960,792

 

 

 

Portugal—0.3%

 

 

 

4,798

 

Banco BPI S.A.

 

12,924

 

43,563

 

Banco Comercial Portugues S.A., Class R

 

46,383

 

2,466

 

Banco Espirito Santo S.A.

 

15,317

 

2,835

 

BRISA

 

23,352

 

1,821

 

CIMPOR Cimentos de Portugal, SGPS S.A.

 

13,786

 

20,756

 

Energias de Portugal S.A.

 

81,895

 

1,659

 

Galp Energia SGPS S.A., Class B

 

21,592

 

1,685

 

Jeronimo Martins SGPS S.A.

 

11,753

 

8,737

 

Portugal Telecom SGPS S.A.

 

88,046

 

1,618

 

REN - Redes Energeticas Nacionais S.A.

 

6,579

 

20,650

 

Sonae SGPS S.A.

 

21,577

 

 

 

 

 

343,204

 

 

 

Singapore—0.7%

 

 

 

18,000

 

Capitaland Ltd.

 

47,682

 

5,000

 

City Developments Ltd.

 

35,158

 

12,000

 

DBS Group Holdings Ltd.

 

115,503

 

15,000

 

Fraser and Neave Ltd.

 

43,168

 

1,000

 

Jardine Cycle & Carriage Ltd.

 

16,366

 

9,000

 

Keppel Corp. Ltd.

 

52,363

 

30,000

 

Neptune Orient Lines Ltd.

 

34,534

 

16,000

 

Oversea-Chinese Banking Corp. Ltd.

 

86,765

 

8,000

 

SembCorp Industries Ltd.

 

17,808

 

6,000

 

Singapore Airlines Ltd.

 

56,169

 

9,000

 

Singapore Petroleum Co. Ltd.

 

38,882

 

11,000

 

Singapore Press Holdings Ltd.

 

27,384

 

7,000

 

Singapore Technologies Engineering Ltd.

 

12,767

 

40,000

 

Singapore Telecommunications Ltd.

 

97,084

 

9,000

 

United Overseas Bank Ltd.

 

110,343

 

4,000

 

Wilmar International Ltd.

 

16,615

 

 

 

 

 

808,591

 

 



 

 

 

South Korea—0.0%

 

 

 

2,200

 

STX Pan Ocean Co. Ltd.

 

$

21,603

 

 

 

 

 

 

 

 

 

Spain—3.7%

 

 

 

1,957

 

Abertis Infraestructuras S.A.

 

40,314

 

195

 

Acciona S.A.

 

23,430

 

2,586

 

Acerinox S.A.

 

51,035

 

1,613

 

ACS Actividades de Construccion y Servicios S.A.

 

85,505

 

49,305

 

Banco Bilbao Vizcaya Argentaria S.A.

 

805,273

 

11,608

 

Banco de Sabadell S.A.

 

77,020

 

1,032

 

Banco Espanol de Credito S.A.

 

12,788

 

12,913

 

Banco Popular Espanol S.A.

 

115,977

 

91,851

 

Banco Santander S.A.

 

1,323,052

 

151

 

Compania Espanola de Petroleos S.A.

 

5,844

 

9,899

 

Criteria Caixacorp S.A.

 

47,366

 

787

 

Enagas

 

15,481

 

815

 

Fomento de Construcciones y Contratas S.A.

 

32,526

 

1,233

 

Gamesa Corp. Tecnologica S.A.

 

26,536

 

4,081

 

Gas Natural SDG S.A.

 

75,968

 

1,369

 

Gestevision Telecinco S.A.

 

15,527

 

1,296

 

Grupo Ferrovial S.A.

 

44,281

 

3,097

 

Iberdrola Renovables S.A.

 

14,226

 

32,861

 

Iberdrola S.A.

 

280,464

 

21,970

 

Iberia Lineas Aereas de Espana S.A. *

 

48,778

 

784

 

Inditex S.A.

 

41,949

 

29,779

 

Inmobiliaria Colonial S.A. *

 

5,531

 

8,242

 

Mapfre S.A.

 

30,615

 

196

 

Red Electrica Corporacion S.A.

 

9,162

 

19,501

 

Repsol YPF S.A.

 

450,379

 

2,120

 

Sacyr Vallehermoso S.A.

 

33,783

 

25,257

 

Telefonica S.A.

 

625,031

 

 

 

 

 

4,337,841

 

 

 

Sweden—2.9%

 

 

 

3,041

 

Assa Abloy AB, Class B

 

49,672

 

3,214

 

Atlas Copco AB, Class A

 

37,940

 

2,656

 

Atlas Copco AB, Class B

 

27,890

 

7,930

 

Boliden AB

 

84,630

 

8,106

 

Electrolux AB, Series B *

 

150,208

 

1,267

 

Hennes & Mauritz AB, Class B

 

74,608

 

1,452

 

Holmen AB, Class B

 

39,562

 

2,241

 

Husqvarna AB, Class A *

 

13,073

 

6,534

 

Husqvarna AB, Class B *

 

40,808

 

4,791

 

Industrivarden AB, Class A

 

50,637

 

2,100

 

Industrivarden AB, Class C

 

20,178

 

6,895

 

Investor AB, Class B

 

121,616

 

3,428

 

Kinnevik Investment AB, Class B

 

45,642

 

350

 

Lundbergforetagen AB, Class B

 

14,749

 

4,918

 

NCC AB, Class B

 

49,954

 

57,513

 

Nordea Bank AB

 

552,607

 

12,252

 

Sandvik AB

 

115,620

 

79,755

 

SAS AB *

 

39,958

 

8,256

 

Scania AB, Class B

 

95,759

 

4,448

 

Securitas AB, Class B

 

41,517

 

62,123

 

Skandinaviska Enskilda Banken AB, Class A *

 

343,645

 

8,713

 

Skanska AB, Class B

 

121,092

 

5,097

 

SKF AB, Class B

 

75,735

 

3,360

 

SSAB Svenskt Stal AB, Series A

 

43,584

 

1,160

 

SSAB Svenskt Stal AB, Series B

 

13,733

 

13,708

 

Svenska Cellulosa AB, Class B

 

174,518

 

7,153

 

Svenska Handelsbanken AB, Class A

 

173,295

 

20,520

 

Swedbank AB, Class A

 

157,027

 

4,644

 

Tele2 AB, Class B

 

61,896

 

 



 

20,245

 

Telefonaktiebolaget LM Ericsson, Class B

 

$

196,745

 

20,257

 

TeliaSonera AB

 

128,739

 

12,819

 

Volvo AB, Class A

 

90,178

 

27,449

 

Volvo AB, Class B

 

198,747

 

 

 

 

 

3,445,562

 

 

 

Switzerland—4.4%

 

 

 

8,238

 

ABB Ltd.

 

149,413

 

1,755

 

Adecco S.A.

 

83,979

 

577

 

Baloise Holding AG

 

45,677

 

75

 

BKW FMB Energie AG

 

5,763

 

7,983

 

Clariant AG *

 

59,339

 

5,131

 

Compagnie Financiere Richemont S.A.

 

125,194

 

15,015

 

Credit Suisse Group AG

 

704,537

 

36

 

Givaudan S.A.

 

23,900

 

104

 

Helvetia Holding AG

 

28,772

 

3,144

 

Holcim Ltd. *

 

189,589

 

1,158

 

Julius Baer Holding AG

 

54,766

 

319

 

Kuehne & Nagel International AG

 

26,380

 

15,016

 

Nestle S.A.

 

613,616

 

11,086

 

Novartis AG

 

504,111

 

338

 

Panalpina Welttransport Holding AG

 

25,752

 

513

 

Pargesa Holding S.A.

 

37,394

 

1,947

 

Petroplus Holdings AG *

 

30,682

 

2,524

 

Roche Holding AG

 

395,163

 

140

 

Schindler Holding AG

 

8,976

 

95

 

Schindler Holding AG Participant Certificates

 

6,091

 

14

 

SGS S.A.

 

16,416

 

175

 

Swatch Group AG-Bearer

 

31,756

 

396

 

Swatch Group AG-Registered

 

14,589

 

1,978

 

Swiss Life Holding AG

 

196,835

 

15,253

 

Swiss Reinsurance

 

581,067

 

116

 

Swisscom AG

 

37,804

 

256

 

Syngenta AG

 

58,657

 

85

 

Synthes, Inc.

 

9,485

 

44,507

 

UBS AG *

 

645,532

 

2,080

 

Zurich Financial Services AG

 

405,854

 

 

 

 

 

5,117,089

 

 

 

United Kingdom—21.6%

 

 

 

37,647

 

3i Group PLC

 

170,856

 

16,769

 

Aegis Group PLC

 

22,935

 

2,609

 

AMEC PLC

 

30,494

 

3,463

 

Amlin PLC

 

19,089

 

15,066

 

Anglo American PLC

 

482,059

 

3,191

 

Antofagasta PLC

 

40,047

 

2,674

 

Arriva PLC

 

19,229

 

3,685

 

Associated British Foods PLC

 

48,629

 

8,765

 

AstraZeneca PLC

 

407,305

 

75,780

 

Aviva PLC

 

440,654

 

22,545

 

BAE Systems PLC

 

114,744

 

4,616

 

Balfour Beatty PLC

 

23,398

 

470,007

 

Barclays PLC

 

2,355,525

 

30,030

 

Barratt Developments PLC *

 

98,824

 

8,381

 

BG Group PLC

 

138,805

 

26,694

 

BHP Billiton PLC

 

691,700

 

202,836

 

BP PLC

 

1,671,943

 

26,744

 

Bradford & Bingley PLC *

 

 

17,938

 

British Airways PLC *

 

42,348

 

8,260

 

British American Tobacco PLC

 

254,432

 

13,686

 

British Land Co. PLC REIT

 

98,699

 

5,355

 

British Sky Broadcasting Group PLC

 

48,473

 

 



 

210,781

 

BT Group PLC

 

$

442,570

 

2,502

 

Bunzl PLC

 

21,486

 

19,387

 

Cable & Wireless PLC

 

46,347

 

11,660

 

Cadbury PLC

 

114,243

 

7,919

 

Carnival PLC

 

228,960

 

5,289

 

Carphone Warehouse Group (The) PLC

 

15,739

 

33,406

 

Centrica PLC

 

121,979

 

16,914

 

Compass Group PLC

 

90,432

 

4,152

 

Daily Mail & General Trust PLC, Class A

 

20,650

 

13,602

 

Diageo PLC

 

211,520

 

5,479

 

Drax Group PLC

 

36,356

 

328,598

 

DSG International PLC

 

149,811

 

3,142

 

easyJet PLC *

 

15,744

 

37,113

 

Enterprise Inns PLC

 

87,677

 

2,921

 

Eurasian Natural Resources Corp.

 

41,816

 

4,708

 

Experian PLC

 

38,557

 

6,768

 

Firstgroup PLC

 

37,195

 

51,237

 

Friends Provident PLC

 

59,588

 

9,538

 

G4S PLC

 

33,760

 

62,313

 

GKN PLC

 

106,146

 

31,129

 

GlaxoSmithKline PLC

 

592,967

 

9,368

 

Hammerson PLC REIT

 

53,542

 

16,696

 

Henderson Group PLC

 

29,133

 

18,109

 

Home Retail Group PLC

 

94,269

 

230,108

 

HSBC Holdings PLC

 

2,310,843

 

3,958

 

ICAP PLC

 

29,790

 

4,981

 

Imperial Tobacco Group PLC

 

141,290

 

419,165

 

Inchcape PLC

 

191,101

 

5,139

 

InterContinental Hotels Group PLC

 

57,849

 

10,501

 

International Power PLC

 

44,437

 

8,846

 

Invensys PLC

 

37,837

 

10,867

 

Investec PLC

 

72,784

 

113,740

 

ITV PLC

 

75,897

 

23,666

 

J Sainsbury PLC

 

124,570

 

2,425

 

Johnson Matthey PLC

 

56,927

 

5,242

 

Kazakhmys PLC

 

74,434

 

15,926

 

Kesa Electricals PLC

 

34,390

 

61,752

 

Kingfisher PLC

 

217,804

 

39,931

 

Ladbrokes PLC

 

116,180

 

17,675

 

Land Securities Group PLC REIT

 

156,475

 

242,468

 

Legal & General Group PLC

 

259,073

 

12,059

 

Liberty International PLC REIT

 

87,165

 

434,447

 

Lloyds Banking Group PLC

 

612,211

 

26,253

 

Logica PLC

 

44,068

 

1,971

 

London Stock Exchange Group PLC

 

23,265

 

1,752

 

Lonmin PLC *

 

40,112

 

18,341

 

Man Group PLC

 

84,150

 

21,705

 

Marks & Spencer Group PLC

 

124,413

 

12,830

 

Mitchells & Butlers PLC *

 

55,356

 

23,056

 

Mondi PLC

 

101,292

 

5,400

 

National Express Group PLC

 

30,237

 

19,968

 

National Grid PLC

 

184,885

 

1,724

 

Next PLC

 

48,731

 

1,346

 

Northern Rock PLC *

 

 

209,922

 

Old Mutual PLC

 

333,472

 

6,603

 

Pearson PLC

 

75,916

 

7,877

 

Persimmon PLC

 

58,798

 

117,470

 

Premier Foods PLC *

 

75,465

 

48,382

 

Prudential PLC

 

359,542

 

104,078

 

Punch Taverns PLC *

 

181,173

 

20,595

 

Rank Group PLC *

 

26,547

 

1,787

 

Reckitt Benckiser Group PLC

 

85,204

 

3,212

 

Reed Elsevier PLC

 

22,538

 

38,960

 

Rentokil Initial PLC

 

62,652

 

 



 

10,167

 

Rexam PLC

 

$

39,779

 

13,620

 

Rio Tinto PLC

 

562,013

 

14,182

 

Rolls-Royce Group PLC

 

97,397

 

1,025,350

 

Royal Bank of Scotland Group PLC *

 

762,309

 

45,574

 

Royal Dutch Shell PLC, Class A

 

1,187,723

 

34,847

 

Royal Dutch Shell PLC, Class B

 

897,763

 

31,427

 

RSA Insurance Group PLC

 

65,960

 

6,911

 

SABMiller PLC

 

158,914

 

7,928

 

Sage Group (The) PLC

 

25,682

 

1,137

 

Schroders PLC

 

18,426

 

539

 

Schroders PLC Ntvg

 

7,435

 

6,598

 

Scottish & Southern Energy PLC

 

121,089

 

26,875

 

Segro PLC REIT

 

122,971

 

2,362

 

Severn Trent PLC

 

37,925

 

1,853

 

Shire PLC

 

27,279

 

2,842

 

Smith & Nephew PLC

 

22,404

 

2,854

 

Smiths Group PLC

 

34,067

 

16,141

 

Standard Chartered PLC

 

380,250

 

35,628

 

Standard Life PLC

 

116,832

 

7,869

 

Tate & Lyle PLC

 

47,975

 

519,609

 

Taylor Wimpey PLC *

 

335,958

 

61,590

 

Tesco PLC

 

375,243

 

7,492

 

Thomas Cook Group PLC

 

26,953

 

4,225

 

Thomson Reuters PLC

 

134,135

 

18,508

 

Tomkins PLC

 

54,310

 

7,847

 

Travis Perkins PLC

 

105,960

 

38,210

 

Trinity Mirror PLC

 

51,786

 

14,361

 

TUI Travel PLC

 

54,045

 

16,825

 

Unilever PLC

 

440,714

 

4,148

 

United Business Media Ltd.

 

29,175

 

9,954

 

United Utilities Group PLC

 

74,384

 

2,158

 

Vedanta Resources PLC

 

63,110

 

547,995

 

Vodafone Group PLC

 

1,114,721

 

2,814

 

Whitbread PLC

 

40,377

 

13,180

 

William Hill PLC

 

40,096

 

20,610

 

William Morrison Supermarkets PLC

 

92,084

 

14,804

 

Wolseley PLC *

 

328,627

 

17,326

 

WPP PLC

 

132,633

 

35,317

 

Xstrata PLC

 

473,203

 

109,712

 

Yell Group PLC *

 

55,930

 

 

 

 

 

25,387,185

 

 

 

Total Common Stocks and Other Equity Interests
(Cost $112,280,335)

 

116,446,981

 

 

 

 

 

 

 

 

 

Preferred Stocks—0.5%

 

 

 

 

 

Germany—0.4%

 

 

 

779

 

Fresenius SE

 

43,934

 

1,895

 

Henkel AG & Co. KGaA

 

69,315

 

2,435

 

Porsche Automobil Holding SE

 

157,904

 

8,772

 

ProSiebenSat.1 Media AG

 

55,218

 

1,985

 

Volkswagen AG

 

154,755

 

 

 

 

 

481,126

 

 

 

Italy—0.1%

 

 

 

6,598

 

EXOR SpA

 

62,768

 

46,653

 

Unipol Gruppo Finanziario SpA *

 

38,164

 

 

 

 

 

100,932

 

 



 

 

 

Total Preferred Stocks
(Cost $637,999)

 

$

582,058

 

 

 

 

 

 

 

 

 

Rights—0.0%

 

 

 

 

 

Belgium—0.0%

 

 

 

9,214

 

Fortis Rights S.A., expiring 12/31/49 *

 

 

 

 

 

 

 

 

 

 

United Kingdom—0.0%

 

 

 

3,697

 

Rexam PLC Rights, expiring 08/18/09 *

 

5,271

 

 

 

 

 

 

 

 

 

Total Rights
(Cost $0)

 

5,271

 

 

 

 

 

 

 

 

 

Total Investments
(Cost $112,918,334)(a)—99.8%

 

117,034,310

 

 

 

Other assets less liabilities—0.2%

 

214,798

 

 

 

 

 

 

 

 

 

Net Assets—100.0%

 

$

117,249,108

 

 


REIT Real Estate Investment Trust

VVPR Voter Verified Paper Record

*  Non-Income producing security.

 

(a)  At July 31, 2009, the aggregate cost of investments for Federal income tax purposes was $113,642,768.  The net unrealized appreciation was $3,391,542, which consisted of aggregate gross unrealized appreciation of $13,264,412 and aggregate gross unrealized depreciation of $9,872,870.

 

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

 



 

 

 

Schedule of Investments

 

 

PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio

 

 

July 31, 2009 (Unaudited)

 

Number

 

 

 

 

 

of Shares

 

 

 

Value

 

 

 

Common Stocks and Other Equity Interests—99.6%

 

 

 

 

 

Australia—9.3%

 

 

 

44,362

 

Abacus Property Group REIT

 

$

13,093

 

2,473

 

ABB Grain Ltd.

 

18,318

 

10,842

 

ABC Learning Centres Ltd.*

 

 

6,940

 

Adelaide Brighton Ltd.

 

14,366

 

11,282

 

Alesco Corp. Ltd.

 

41,456

 

49,735

 

Alumina Ltd.

 

70,704

 

1,452

 

Ansell Ltd.

 

11,154

 

6,602

 

APN News & Media Ltd.

 

10,236

 

6,195

 

Aristocrat Leisure Ltd.

 

22,146

 

1,463

 

ASX Ltd.

 

45,707

 

58,488

 

Australand Property Group REIT

 

23,096

 

22,738

 

Australian Pharmaceutical Industries Ltd.

 

11,058

 

4,474

 

Australian Worldwide Exploration Ltd.

 

9,931

 

34,655

 

AWB Ltd.

 

38,030

 

3,252

 

Bank of Queensland Ltd.

 

30,415

 

11,551

 

Beach Petroleum Ltd.

 

8,162

 

5,131

 

Bendigo and Adelaide Bank Ltd.

 

34,978

 

2,149

 

Billabong International Ltd.

 

16,436

 

142,946

 

Boart Longyear Group

 

35,057

 

7,101

 

Centennial Coal Co., Ltd.

 

17,651

 

528,206

 

Centro Retail Group REIT

 

42,595

 

14,423

 

Challenger Financial Services Group Ltd.

 

32,255

 

200

 

Cochlear Ltd.

 

9,251

 

31,605

 

Commonwealth Property Office Fund REIT

 

22,202

 

3,165

 

Computershare Ltd.

 

25,865

 

1,503

 

Corporate Express Australia Ltd.

 

4,773

 

2,080

 

Crane Group Ltd.

 

19,004

 

33,813

 

CSR Ltd.

 

52,145

 

8,377

 

David Jones Ltd.

 

35,796

 

6,400

 

Downer EDI Ltd.

 

34,531

 

81,092

 

Elders Ltd.

 

25,618

 

35,105

 

Emeco Holdings Ltd.

 

16,052

 

37,154

 

Envestra Ltd.

 

16,062

 

2,689

 

Flight Centre Ltd.

 

21,684

 

30,929

 

Goodman Fielder Ltd.

 

35,612

 

20,105

 

Gunns Ltd.

 

16,046

 

5,214

 

GWA International Ltd.

 

12,354

 

10,934

 

Harvey Norman Holdings Ltd.

 

29,815

 

3,106

 

Healthscope Ltd.

 

11,232

 

7,393

 

Hills Industries Ltd.

 

10,602

 

3,241

 

Iluka Resources Ltd.

 

8,487

 

334,580

 

ING Industrial Fund REIT

 

75,101

 

92,781

 

ING Office Fund REIT

 

37,410

 

5,282

 

IOOF Holdings Ltd.

 

20,858

 

3,226

 

MacArthur Coal Ltd.

 

21,026

 

252,838

 

Macquarie CountryWide Trust REIT

 

110,353

 

258,741

 

Macquarie Office Trust REIT

 

50,550

 

50,449

 

Minara Resources Ltd.

 

46,554

 

18,270

 

Mount Gibson Iron Ltd.*

 

18,151

 

1,356

 

New Hope Corp. Ltd.

 

6,020

 

1,203

 

Newcrest Mining Ltd.

 

30,003

 

 



 

2,021

 

Nufarm Ltd.

 

$

18,213

 

37,210

 

OZ Minerals Ltd.

 

34,647

 

176,003

 

Pacific Brands Ltd.

 

174,122

 

3,631

 

Paladin Energy Ltd.*

 

13,765

 

743

 

Perpetual Ltd.

 

20,699

 

2,671

 

Platinum Asset Management Ltd.

 

10,148

 

30,297

 

PMP Ltd.

 

10,579

 

3,740

 

Primary Health Care Ltd.

 

17,319

 

1,250

 

Ramsay Health Care Ltd.

 

10,911

 

1,890

 

Seven Network Ltd.

 

10,025

 

19,366

 

Sigma Pharmaceuticals Ltd.

 

20,849

 

2,776

 

Sonic Healthcare Ltd.

 

27,003

 

10,261

 

Spotless Group Ltd.

 

21,582

 

11,526

 

Straits Resources Ltd. *

 

22,231

 

20,554

 

Sunland Group Ltd.

 

14,695

 

11,403

 

Ten Network Holdings Ltd.

 

12,087

 

8,420

 

Transfield Services Ltd.

 

19,600

 

5,621

 

Transpacific Industries Group Ltd.

 

5,654

 

2,707

 

United Group Ltd.

 

27,028

 

945

 

West Australian Newspapers Holdings Ltd.

 

4,737

 

1,859

 

WorleyParsons Ltd.

 

39,889

 

 

 

 

 

1,905,784

 

 

 

Austria—1.0%

 

 

 

77

 

Agrana Beteiligungs AG

 

5,796

 

405

 

Andritz AG

 

17,656

 

561

 

A-TEC Industries AG*

 

7,254

 

13,083

 

Atrium European Real Estate Ltd.*

 

68,072

 

4,308

 

CA Immobilien Anlagen AG*

 

37,135

 

2,332

 

Conwert Immobilien Invest SE*

 

20,796

 

329

 

EVN AG

 

5,467

 

240

 

Flughafen Wien AG

 

9,255

 

108

 

Mayr Melnhof Karton AG

 

10,072

 

184

 

Palfinger AG

 

3,099

 

662

 

RHI AG*

 

13,938

 

241

 

Semperit AG Holding

 

6,577

 

291

 

Zumtobel AG

 

3,115

 

 

 

 

 

208,232

 

 

 

Belgium—1.4%

 

 

 

122

 

Ackermans & van Haaren N.V.

 

8,510

 

403

 

Barco N.V.

 

17,809

 

344

 

Bekaert S.A.

 

42,645

 

371

 

Brederode S.A.

 

7,785

 

114

 

Cofinimmo REIT

 

14,094

 

244

 

Compagnie d’Entreprises CFE

 

10,793

 

489

 

Compagnie Maritime Belge S.A.

 

15,793

 

250

 

Elia System Operator S.A./N.V.

 

9,354

 

433

 

Euronav N.V.

 

8,521

 

308

 

Exmar N.V.

 

4,493

 

54

 

Gimv N.V.

 

2,691

 

6,331

 

Nyrstar *

 

55,021

 

266

 

Omega Pharma S.A.

 

8,334

 

1,035

 

Recticel S.A.

 

5,327

 

5,651

 

RHJ International*

 

36,452

 

546

 

Telenet Group Holding N.V.*

 

12,471

 

480

 

Tessenderlo Chemie N.V.

 

16,761

 

 

 

 

 

276,854

 

 



 

 

 

Bermuda—0.7%

 

 

 

3,682

 

Aquarius Platinum Ltd.

 

$

15,871

 

22,000

 

BW Offshore Ltd.*

 

25,660

 

17,000

 

C C Land Holdings Ltd.

 

12,766

 

5,247

 

Catlin Group Ltd.

 

26,966

 

18,000

 

Citic Resources Holdings Ltd.*

 

5,760

 

1,000

 

China Yurun Food Group Ltd.

 

1,582

 

7,000

 

Dockwise Ltd.*

 

8,130

 

77,000

 

HKC Holdings Ltd.

 

6,657

 

47,000

 

Macquarie International Infrastructure Fund Ltd.

 

12,874

 

10,000

 

Mongolia Energy Co., Ltd.*

 

3,845

 

154,000

 

Samling Global Ltd.

 

12,519

 

2,000

 

Shui On Construction and Materials Ltd.

 

2,839

 

220,000

 

Titan Petrochemicals Group Ltd.*

 

7,097

 

 

 

 

 

142,566

 

 

 

Canada—8.1%

 

 

 

2,101

 

AGF Management Ltd., Class B

 

29,752

 

251

 

Agnico-Eagle Mines Ltd.

 

14,671

 

540

 

Astral Media, Inc.

 

14,660

 

269

 

Boardwalk REIT

 

8,224

 

1,845

 

CAE, Inc.

 

12,202

 

1,406

 

Calloway REIT

 

18,363

 

1,698

 

Cameco Corp.

 

46,490

 

650

 

Canadian Apartment Properties REIT

 

7,948

 

549

 

Canadian REIT

 

12,132

 

736

 

Canadian Western Bank

 

12,384

 

3,044

 

Canfor Corp.*

 

15,514

 

5,693

 

Cascades, Inc.

 

27,909

 

483

 

CCL Industries, Inc., Class B

 

10,311

 

797

 

Centerra Gold, Inc.*

 

5,050

 

1,852

 

Chartwell Seniors Housing REIT

 

10,296

 

840

 

CML Healthcare Income Fund

 

10,062

 

464

 

Cogeco Cable, Inc.

 

12,296

 

594

 

Cominar REIT

 

9,373

 

17,752

 

Compton Petroleum Corp.*

 

19,376

 

346

 

Corus Entertainment, Inc., Class B

 

4,721

 

741

 

Dorel Industries, Inc., Class B

 

17,135

 

3,319

 

Dundee Corp., Class A*

 

24,560

 

452

 

Dundee REIT

 

6,899

 

1,094

 

DundeeWealth, Inc.

 

9,553

 

1,241

 

Emera, Inc.

 

23,819

 

1,766

 

Ensign Energy Services, Inc.

 

26,692

 

2,498

 

Extendicare REIT

 

14,349

 

3,216

 

Fairborne Energy Ltd.*

 

10,620

 

346

 

First Capital Realty, Inc.

 

5,505

 

647

 

First Quantum Minerals Ltd.

 

42,940

 

353

 

FirstService Corp.*

 

5,404

 

1,731

 

Flint Energy Services Ltd.*

 

16,604

 

1,338

 

Fortis, Inc.

 

31,510

 

383

 

Franco-Nevada Corp.

 

9,530

 

34

 

Gazit America, Inc.*

 

79

 

1,400

 

Gildan Activewear Inc*

 

23,258

 

2,720

 

Groupe Aeroplan, Inc.

 

24,682

 

2,963

 

H&R REIT

 

34,889

 

3,466

 

Harry Winston Diamond Corp.

 

20,166

 

1,584

 

Highpine Oil & Gas Ltd.*

 

6,315

 

2,913

 

HudBay Minerals, Inc.*

 

21,502

 

1,477

 

IAMGOLD Corp.

 

15,602

 

1,192

 

Industrial Alliance Insurance and Financial Services, Inc.

 

32,635

 

566

 

Inmet Mining Corp.

 

23,643

 

 



 

2,993

 

InnVest REIT

 

$

10,271

 

6,406

 

Kingsway Financial Services, Inc.

 

20,739

 

383

 

Laurentian Bank of Canada

 

12,665

 

4,542

 

Linamar Corp.

 

47,852

 

43,459

 

Lundin Mining Corp.*

 

133,460

 

443

 

MacDonald Dettwiler & Associates Ltd.*

 

12,764

 

3,340

 

Maple Leaf Foods, Inc.

 

28,268

 

4,642

 

Martinrea International, Inc.*

 

25,763

 

1,697

 

MDS, Inc.*

 

10,847

 

3,221

 

Methanex Corp.

 

53,480

 

11,804

 

Norbord, Inc.

 

11,464

 

249

 

Open Text Corp.*

 

9,404

 

14,698

 

OPTI Canada, Inc.*

 

21,345

 

847

 

Paramount Resources Ltd., Class A*

 

5,633

 

818

 

Primaris Retail REIT

 

9,761

 

3,093

 

Quadra Mining Ltd.*

 

30,212

 

996

 

Reitmans Canada Ltd., Class A

 

13,128

 

2,690

 

RONA, Inc.*

 

34,163

 

1,528

 

Russel Metals, Inc.

 

23,603

 

712

 

Saputo, Inc.

 

15,503

 

467

 

ShawCor Ltd., Class A

 

8,834

 

11,968

 

Sherritt International Corp.

 

67,860

 

865

 

Silver Wheaton Corp.*

 

7,945

 

2,563

 

Sino-Forest Corp.*

 

34,850

 

803

 

SNC-Lavalin Group, Inc.

 

33,767

 

2,348

 

Thompson Creek Metals Co., Inc.*

 

34,142

 

472

 

TMX Group, Inc.

 

15,128

 

602

 

Toromont Industries Ltd.

 

12,000

 

3,293

 

Torstar Corp., Class B

 

16,144

 

1,543

 

Transat AT, Inc., Class B

 

15,842

 

2,622

 

Transcontinental, Inc., Class A

 

20,397

 

1,290

 

Trican Well Service Ltd.

 

11,455

 

4,038

 

Trinidad Drilling Ltd.

 

18,563

 

12,724

 

Uranium One, Inc.*

 

33,896

 

2,946

 

Viterra, Inc.*

 

24,716

 

673

 

West Fraser Timber Co., Ltd.

 

16,528

 

 

 

 

 

1,652,017

 

 

 

Cayman Islands—0.3%

 

 

 

8,000

 

Belle International Holdings Ltd.

 

8,103

 

46,000

 

Bosideng International Holdings Ltd.

 

6,707

 

20,800

 

China Fishery Group Ltd. *

 

16,876

 

21,000

 

KWG Property Holding Ltd.

 

16,014

 

12,000

 

Tomson Group Ltd.

 

5,419

 

11,000

 

Want Want China Holdings Ltd.

 

6,557

 

 

 

 

 

59,676

 

 

 

China—1.0%

 

 

 

17,405

 

Agile Property Holdings Ltd.

 

24,614

 

101,965

 

Brilliance China Automotive Holdings Ltd.*

 

14,604

 

8,000

 

BYD Electronic International Co., Ltd. *

 

5,264

 

8,000

 

China Dongxiang Group Co.

 

6,080

 

1,000

 

China High Speed Transmission Equipment Group Co., Ltd.

 

2,506

 

25,000

 

Country Garden Holdings Co.

 

11,742

 

15,000

 

Greentown China Holdings Ltd.

 

23,187

 

19,000

 

Kingboard Laminates Holdings Ltd.

 

9,807

 

17,000

 

Nine Dragons Paper Holdings Ltd.

 

17,526

 

13,500

 

Shimao Property Holdings Ltd.

 

27,139

 

26,150

 

Shui On Land Ltd.

 

18,524

 

7,000

 

Sinotruk Hong Kong Ltd.

 

8,129

 

 



 

17,500

 

Soho China Ltd.

 

$

11,132

 

6,000

 

Stella International Holdings Ltd.

 

9,925

 

200

 

Tencent Holdings Ltd.

 

2,699

 

6,000

 

Yanlord Land Group Ltd.

 

11,151

 

 

 

 

 

204,029

 

 

 

Denmark—1.7%

 

 

 

261

 

ALK-Abello A/S

 

19,928

 

403

 

Alm. Brand A/S*

 

7,712

 

199

 

Auriga Industries, Class B

 

3,827

 

1,034

 

Bang & Olufsen A/S

 

8,623

 

104

 

Coloplast A/S, Class B

 

7,584

 

105

 

D/S Norden A/S

 

3,724

 

2,262

 

DSV A/S *

 

31,011

 

778

 

East Asiatic Co., Ltd. A/S

 

28,443

 

665

 

FLSmidth & Co. A/S *

 

28,743

 

4,182

 

GN Store Nord A/S *

 

20,068

 

306

 

H. Lundbeck A/S

 

5,899

 

1,191

 

Jyske Bank A/S*

 

43,654

 

444

 

NKT Holding A/S *

 

16,845

 

201

 

Novozymes A/S, Class B

 

17,969

 

165

 

Rockwool International A/S, Class B

 

12,803

 

308

 

Schouw & Co.

 

5,307

 

240

 

Solar A/S, Class B

 

9,619

 

1,181

 

Sydbank A/S *

 

29,683

 

151

 

Topdanmark A/S*

 

20,529

 

1,361

 

Torm A/S

 

13,735

 

93

 

William Demant Holding*

 

5,507

 

 

 

 

 

341,213

 

 

 

Finland—1.7%

 

 

 

1,066

 

Alma Media Corp.

 

8,267

 

1,870

 

Amer Sports Oyj, Class A

 

17,896

 

1,815

 

Cargotec Corp., Class B

 

33,837

 

2,808

 

Citycon Oyj

 

7,325

 

1,500

 

Finnair Oyj *

 

8,932

 

1,064

 

HKScan Oyj

 

13,275

 

2,568

 

Huhtamaki Oyj

 

28,835

 

1,899

 

Kemira Oyj

 

24,231

 

557

 

Konecranes Oyj

 

15,107

 

222

 

Lemminkainen Oyj

 

7,271

 

1,631

 

Nokian Renkaat Oyj

 

34,269

 

3,039

 

Oriola-KD Oyj, Class B

 

14,132

 

873

 

Orion Oyj, Class B

 

15,224

 

771

 

Outotec Oyj

 

18,178

 

427

 

Poyry Oyj

 

6,054

 

1,454

 

Ramirent Oyj *

 

11,647

 

5,639

 

Sponda Oyj *

 

16,229

 

701

 

Stockmann Oyj Abp, Class B

 

14,808

 

1,467

 

Tieto Oyj

 

25,000

 

1,527

 

Uponor Oyj

 

20,761

 

 

 

 

 

341,278

 

 

 

France—2.7%

 

 

 

313

 

Alten, Ltd.*

 

6,042

 

3,355

 

Altran Technologies S.A.*

 

9,841

 

92

 

April Group

 

3,545

 

424

 

Beneteau S.A.

 

5,804

 

79

 

BioMerieux

 

7,648

 

 



 

56

 

Bonduelle S.C.A.

 

$

4,714

 

140

 

Bongrain S.A. *

 

8,386

 

589

 

Bourbon S.A.

 

24,609

 

309

 

Boursorama*

 

2,839

 

3,786

 

Bull S.A.*

 

13,795

 

267

 

Bureau Veritas S.A.

 

12,586

 

1,510

 

Canal Plus

 

10,295

 

318

 

Carbone Lorraine

 

9,251

 

490

 

Club Mediterranee S.A.*

 

7,103

 

277

 

Dassault Systemes S.A.

 

13,784

 

4,772

 

Derichebourg S.A.

 

13,937

 

75

 

EDF Energies Nouvelles S.A.

 

3,733

 

1,374

 

Etablissements Maurel et Prom

 

23,688

 

671

 

Etam Developpement S.A. *

 

13,214

 

1,609

 

Euro Disney S.C.A.*

 

7,573

 

84

 

Fimalac

 

4,406

 

3,413

 

Groupe Eurotunnel S.A.

 

20,139

 

662

 

Groupe Steria S.C.A.

 

15,894

 

70

 

Guyenne et Gascogne S.A.

 

6,997

 

9,045

 

Havas S.A.

 

26,057

 

32

 

Iliad S.A.

 

3,398

 

684

 

IMS-Intl Metal Service *

 

10,948

 

87

 

Ipsen S.A.

 

3,985

 

259

 

IPSOS

 

6,725

 

712

 

Kaufman & Broad S.A.

 

14,819

 

114

 

LISI

 

5,495

 

656

 

Manitou BF S.A. *

 

8,659

 

152

 

Mercialys S.A. REIT

 

5,064

 

246

 

Neopost S.A.

 

20,838

 

164

 

Norbert Dentressangle

 

8,719

 

401

 

NRJ Group *

 

2,718

 

83

 

Orpea *

 

3,923

 

81

 

Pierre & Vacances

 

5,710

 

1,116

 

Plastic Omnium S.A.

 

21,360

 

284

 

Remy Cointreau S.A.

 

11,181

 

128

 

Rubis

 

10,344

 

250

 

Saft Groupe S.A.

 

9,701

 

478

 

SEB S.A.

 

22,696

 

340

 

Societe BIC S.A.

 

20,278

 

89

 

Societe Immobiliere de Location pour l’Industrie et le Commerce REIT

 

8,870

 

2,193

 

SOITEC*

 

19,112

 

88

 

Sopra Group S.A.

 

3,762

 

52

 

Sperian Protection

 

3,152

 

196

 

Spir Communication *

 

4,335

 

488

 

Teleperformance

 

15,359

 

751

 

UBISOFT Entertainment*

 

12,761

 

27

 

Vilmorin & Cie

 

2,627

 

453

 

Zodiac Aerospace S.A.

 

17,398

 

 

 

 

 

559,817

 

 

 

Germany—3.6%

 

 

 

3,298

 

Aareal Bank AG *

 

46,665

 

2,211

 

Air Berlin PLC*

 

10,564

 

729

 

Alstria Office AG REIT

 

5,798

 

880

 

Aurubis AG

 

30,492

 

190

 

Bauer AG

 

6,815

 

339

 

Bechtle AG

 

6,604

 

105

 

Carl Zeiss Meditec AG

 

1,468

 

382

 

Comdirect Bank AG

 

3,287

 

317

 

Demag Cranes AG

 

7,820

 

345

 

Deutsche Euroshop AG

 

10,418

 

 



 

866

 

Deutsche Wohen AG*

 

$

13,076

 

5,086

 

Deutz AG*

 

24,227

 

1,275

 

DIC Asset AG

 

8,948

 

515

 

Draegerwerk AG & Co. KGaA

 

14,705

 

323

 

Duerr AG

 

4,763

 

794

 

ElringKlinger AG

 

15,152

 

58

 

Fielmann AG

 

3,806

 

1,902

 

Freenet AG*

 

23,325

 

182

 

Fuchs Petrolub AG

 

10,646

 

133

 

GfK SE

 

3,055

 

1,508

 

Gildemeister AG

 

16,120

 

254

 

Hamburger Hafen und Logistik AG

 

11,595

 

298

 

Indus Holding AG

 

4,221

 

71

 

Interseroh SE

 

4,399

 

3,231

 

IVG Immobilien AG *

 

22,308

 

1,201

 

Jenoptik AG*

 

5,874

 

719

 

Koenig & Bauer AG *

 

9,378

 

201

 

Krones AG

 

7,763

 

766

 

KUKA AG *

 

11,392

 

18

 

KWS Saat AG

 

3,052

 

1,436

 

Leoni AG

 

27,871

 

894

 

Medion AG

 

10,165

 

885

 

MLP AG

 

11,982

 

518

 

MPC Muenchmeyer Petersen Capital AG *

 

3,819

 

579

 

MTU Aero Engines Holding AG

 

20,932

 

125

 

MVV Energie AG

 

5,533

 

1,138

 

Pfleiderer AG *

 

9,487

 

3,893

 

Praktiker Bau- und Heimwerkermaerkte AG

 

38,801

 

16,980

 

Premiere AG*

 

70,775

 

60

 

Puma AG Rudolf Dassler Sport

 

15,127

 

546

 

Q-Cells SE *

 

9,777

 

36

 

Rational AG

 

4,389

 

524

 

Rhoen Klinikum AG

 

11,998

 

647

 

SGL Carbon SE*

 

21,180

 

397

 

Sixt AG

 

9,394

 

70

 

Software AG

 

5,210

 

353

 

Solarworld AG

 

8,538

 

884

 

Stada Arzneimittel AG

 

21,356

 

1,826

 

Symrise AG

 

29,228

 

275

 

Takkt AG

 

3,404

 

703

 

United Internet AG *

 

8,920

 

75

 

Vossloh AG

 

8,653

 

401

 

Wincor Nixdorf AG

 

21,411

 

 

 

 

 

725,686

 

 

 

Gibraltar—0.0%

 

 

 

2,062

 

PartyGaming PLC *

 

8,751

 

 

 

 

 

 

 

 

 

Greece—0.9%

 

 

 

3,611

 

Agricultural Bank of Greece*

 

8,498

 

8,254

 

Alapis Holding Industrial and Commercial S.A.

 

11,585

 

331

 

Athens Water Supply & Sewage Co. S.A. (The)

 

3,233

 

738

 

Babis Vovos International Construction S.A. *

 

4,290

 

1,762

 

Ellaktor S.A.

 

14,514

 

2,039

 

Elval Aluminium Process Co.*

 

4,047

 

1,728

 

Emporiki Bank of Greece S.A.*

 

12,862

 

221

 

Eurobank Properties Real Estate Investment Co. REIT

 

2,397

 

2,342

 

Halcor S.A.*

 

5,279

 

6,491

 

Intracom Holdings S.A.*

 

15,921

 

1,698

 

Intralot S.A.-Integrated Lottery Systems & Services

 

10,520

 

1,088

 

Motor Oil (Hellas) Corinth Refineries S.A.

 

12,649

 

 



 

1,769

 

Mytilineos Holdings S.A.

 

$

15,198

 

1,155

 

Sidenor Steel Products Manufacturing Co. S.A. *

 

8,679

 

922

 

Titan Cement Co. S.A.

 

26,615

 

1,995

 

TT Hellenic Postbank S.A.*

 

14,679

 

2,616

 

Viohalco

 

17,802

 

 

 

 

 

188,768

 

 

 

Guernsey—0.0%

 

 

 

958

 

Gottex Fund Management Holdings Ltd.

 

7,103

 

 

 

 

 

 

 

 

 

Hong Kong—4.7%

 

 

 

2,212

 

ASM Pacific Technology Ltd.

 

15,013

 

1,355

 

Beijing Enterprises Holdings Ltd.

 

6,810

 

935

 

Cafe de Coral Holdings Ltd.

 

1,974

 

34,213

 

Champion REIT

 

13,685

 

22,587

 

Chaoda Modern Agriculture Holdings Ltd.

 

15,272

 

12,000

 

China Agri-Industries Holdings Ltd.

 

8,888

 

4,000

 

China Everbright Ltd.

 

12,516

 

24,532

 

China Foods Ltd.

 

15,162

 

2,000

 

China Insurance International Holdings Co., Ltd. *

 

6,039

 

6,134

 

China Mengniu Dairy Co., Ltd. *

 

14,690

 

4,000

 

China Merchants China Direct Investments Ltd.*

 

9,104

 

20,715

 

China Power International Development Ltd. *

 

7,431

 

5,168

 

China Resources Land Ltd.

 

12,630

 

37,799

 

China Travel International Investment Hong Kong Ltd.

 

9,413

 

1,392

 

Chong Hing Bank Ltd.

 

2,493

 

6,000

 

Chow Sang Sang Holdings

 

5,249

 

17,231

 

CNPC Hong Kong Ltd.

 

17,453

 

3,698

 

Dah Sing Banking Group Ltd.

 

4,256

 

2,927

 

Dah Sing Financial Group

 

13,370

 

33,641

 

Denway Motors Ltd.

 

16,712

 

19,710

 

Digital China Holdings Ltd.

 

14,166

 

31,328

 

First Pacific Co., Ltd.

 

20,131

 

8,000

 

Franshion Properties China Ltd.

 

2,797

 

5,495

 

Fubon Bank Hong Kong Ltd.

 

2,659

 

19,972

 

Galaxy Entertainment Group Ltd.*

 

6,082

 

25,315

 

Giordano International Ltd.

 

7,905

 

50,490

 

Global Bio-Chem Technology Group Co., Ltd.

 

9,837

 

86,760

 

GOME Electrical Appliances Holdings Ltd.

 

25,076

 

9,000

 

Great Eagle Holdings Ltd.

 

20,880

 

12,508

 

Guangdong Investment Ltd.

 

7,004

 

115,848

 

Guangzhou Investment Co., Ltd.

 

25,113

 

161,000

 

Henderson Investment Ltd.

 

14,957

 

1,388

 

Hengan International Group Co., Ltd.

 

8,077

 

21,378

 

HKR International Ltd. *

 

9,434

 

529

 

Hong Kong Aircraft Engineering Co., Ltd.

 

7,228

 

12,861

 

Hongkong & Shanghai Hotels, Ltd. (The)

 

14,769

 

9,104

 

Hopewell Highway Infrastructure Ltd.

 

5,568

 

6,715

 

Hopewell Holdings Ltd.

 

21,921

 

18,206

 

Hopson Development Holdings Ltd.

 

29,223

 

12,000

 

Hysan Development Co., Ltd.

 

32,826

 

7,124

 

Industrial and Commercial Bank of China (Asia) Ltd.

 

13,476

 

47,583

 

Johnson Electric Holdings Ltd. *

 

14,060

 

25,000

 

K Wah International Holdings Ltd.

 

10,290

 

10,000

 

Kingboard Chemical Holdings Ltd.

 

31,742

 

20,313

 

Kowloon Development Co., Ltd.

 

20,654

 

5,200

 

Lee & Man Paper Manufacturing Ltd.

 

8,172

 

3,500

 

Lifestyle International Holdings Ltd.

 

5,311

 

4,000

 

Mandarin Oriental International Ltd.

 

5,120

 

10,000

 

Melco International Development Ltd.*

 

6,490

 

 



 

16,000

 

Minmetals Resources Ltd. *

 

$

4,563

 

24,000

 

New World China Land Ltd.

 

15,143

 

25,560

 

Pacific Basin Shipping Ltd.

 

19,261

 

14,082

 

Public Financial Holdings Ltd.

 

7,232

 

6,943

 

Road King Infrastructure Ltd.

 

5,527

 

4,136

 

Shanghai Industrial Holdings Ltd.

 

22,414

 

105,000

 

Shenzhen International Holdings Ltd.

 

7,858

 

32,902

 

Shenzhen Investment Ltd.

 

16,430

 

42,000

 

Shougang Concord International Enterprises Co., Ltd.

 

8,509

 

16,174

 

Shun Tak Holdings Ltd.

 

13,252

 

12,379

 

Sinofert Holdings Ltd.

 

6,772

 

117,347

 

Sinolink Worldwide Holdings Ltd.

 

18,927

 

20,000

 

Sino-Ocean Land Holdings Ltd.

 

21,368

 

14,708

 

Sinopec Kantons Holdings Ltd.

 

3,473

 

18,500

 

Sinotrans Shipping Ltd.

 

9,023

 

5,766

 

SmarTone Telecommunications Holdings Ltd.

 

3,943

 

3,000

 

Sun Hung Kai & Co., Ltd.

 

2,361

 

36,372

 

TCL Multimedia Technology Holdings Ltd.*

 

19,383

 

39,818

 

Techtronic Industries Co.

 

33,035

 

2,025

 

Television Broadcasts Ltd.

 

8,858

 

6,857

 

Texwinca Holdings Ltd.

 

5,371

 

20,000

 

Tian An China Investment

 

11,742

 

7,982

 

Tianjin Development Holdings Ltd.

 

5,634

 

7,386

 

Tingyi Cayman Islands Holding Corp.

 

13,685

 

65,357

 

TPV Technology Ltd.

 

35,503

 

2,000

 

Truly International Holdings

 

1,884

 

1,870

 

VTech Holdings Ltd.

 

13,331

 

1,000

 

Wheelock & Co., Ltd.

 

2,839

 

1,925

 

Wing Hang Bank Ltd.

 

18,467

 

 

 

 

 

964,916

 

 

 

Ireland—1.4%

 

 

 

5,876

 

Aer Lingus Group PLC *

 

3,749

 

11,985

 

C&C Group PLC

 

34,832

 

1,625

 

DCC PLC

 

34,558

 

757

 

FBD Holdings PLC

 

7,513

 

34,248

 

Fyffes PLC

 

18,451

 

2,255

 

Glanbia PLC

 

7,993

 

13,422

 

Grafton Group PLC

 

64,318

 

10,843

 

Greencore Group PLC

 

16,449

 

42,809

 

Independent News & Media PLC

 

14,324

 

4,724

 

Kingspan Group PLC

 

31,612

 

1,396

 

Origin Enterprises PLC*

 

5,245

 

345

 

Paddy Power PLC

 

8,538

 

37,473

 

Total Produce PLC

 

18,063

 

4,754

 

United Drug PLC

 

12,739

 

 

 

 

 

278,384

 

 

 

Israel—0.8%

 

 

 

414

 

Africa-Israel Investments Ltd. *

 

8,221

 

473

 

Blue Square-Israel Ltd.

 

4,319

 

1,814

 

Clal Industries and Investments *

 

8,658

 

567

 

Clal Insurance Enterprise Holdings Ltd.*

 

10,807

 

291

 

Delek Automotive Systems Ltd.

 

3,081

 

9,704

 

Delek Real Estate Ltd.*

 

11,997

 

305

 

Elbit Imaging Ltd.*

 

7,659

 

114

 

Elbit Systems Ltd.

 

7,545

 

653

 

Elco Holdings Ltd.

 

6,308

 

268

 

First International Bank Of Israel Ltd. (FTIN5)*

 

3,206

 

943

 

Gazit Globe Ltd.

 

6,481

 

 



 

145

 

Harel Insurance Investments & Financial Services Ltd.*

 

$

6,188

 

630

 

Jerusalem Economy Ltd.*

 

4,603

 

279

 

Koor Industries Ltd.

 

7,755

 

2,708

 

Makhteshim-Agan Industries Ltd.

 

13,829

 

4,722

 

Migdal Insurance & Financial Holdings Ltd.*

 

7,375

 

1,668

 

Mizrahi Tefahot Bank Ltd.*

 

12,231

 

331

 

Nice Systems Ltd.*

 

9,376

 

247

 

Osem Investments Ltd.

 

2,981

 

516

 

Partner Communications Co., Ltd.

 

9,898

 

44

 

Paz Oil Co., Ltd.

 

6,620

 

58

 

Property & Building Corp. Ltd.

 

4,021

 

905

 

Shufersal Ltd.

 

3,594

 

271

 

Strauss Group Ltd.

 

3,253

 

 

 

 

 

170,006

 

 

 

Italy—2.6%

 

 

 

767

 

ACEA SpA

 

8,678

 

472

 

AcegasAps SpA

 

3,112

 

433

 

Ansaldo STS SpA

 

8,723

 

3,496

 

Arnoldo Mondadori Editore SpA *

 

14,708

 

1,297

 

Ascopiave SpA

 

2,813

 

957

 

Astaldi SpA

 

7,462

 

1,246

 

Autostrada Torino-Milano SpA

 

14,123

 

891

 

Azimut Holding SpA

 

9,474

 

1,780

 

Banca Popolare dell’Etruria e del Lazio

 

11,104

 

684

 

Banco di Desio e della Brianza SpA

 

4,500

 

5,461

 

Beni Stabili SpA

 

4,177

 

972

 

Brembo SpA

 

6,522

 

2,216

 

Bulgari SpA

 

13,596

 

2,871

 

Cementir Holding SpA

 

11,743

 

39,912

 

Cofide SpA*

 

32,085

 

799

 

Credito Artigiano SpA

 

2,169

 

2,441

 

Credito Emiliano SpA*

 

13,030

 

258

 

Danieli & Co. SpA

 

4,909

 

1,604

 

Danieli & Co. SpA RSP

 

17,056

 

1,324

 

Davide Campari-Milano SpA

 

11,235

 

2,098

 

DeA Capital SpA*

 

4,863

 

1,251

 

Enia SpA

 

9,382

 

851

 

Esprinet SpA

 

8,536

 

150

 

Fastweb*

 

3,898

 

17,234

 

Gemina SpA*

 

13,487

 

496

 

Geox SpA

 

3,892

 

1,263

 

Gruppo Coin SpA*

 

5,999

 

6,706

 

Gruppo Editoriale L’Espresso SpA *

 

12,208

 

1,924

 

Immobiliare Grande Distribuzione REIT

 

3,301

 

6,499

 

IMMSI SpA *

 

8,030

 

5,773

 

Impregilo SpA

 

21,874

 

3,270

 

Indesit Co. SpA *

 

20,769

 

1,077

 

Interpump Group SpA*

 

4,733

 

9,765

 

Iride SpA

 

17,928

 

9,561

 

KME Group SpA

 

6,961

 

2,349

 

Maire Tecnimont SpA

 

9,366

 

550

 

MARR SpA

 

4,530

 

391

 

Permasteelisa SpA*

 

6,713

 

4,583

 

Piaggio & C. SpA

 

9,460

 

2,637

 

Piccolo Credito Valtellinese Scarl

 

25,983

 

55,148

 

Pirelli & C. Real Estate SpA*

 

42,416

 

6,574

 

RCS MediaGroup SpA*

 

8,617

 

913

 

Recordati SpA

 

6,071

 

6,782

 

Risanamento SpA*

 

3,298

 

19,099

 

Safilo Group SpA*

 

11,170

 

 



 

86,184

 

Seat Pagine Gialle SpA*

 

$

22,103

 

1,030

 

Societa Iniziative Autostradali e Servizi SpA

 

7,550

 

3,295

 

Sogefi SpA*

 

7,250

 

6,723

 

Sorin SpA*

 

10,208

 

11,916

 

Tiscali SpA*

 

5,051

 

104

 

Tod’s SpA

 

5,989

 

 

 

 

 

532,855

 

 

 

Japan—25.1%

 

 

 

3,000

 

77 Bank Ltd. (The)

 

17,648

 

100

 

ABC-Mart, Inc.

 

2,842

 

7

 

Accordia Golf Co., Ltd.

 

5,493

 

1,600

 

ADEKA Corp.

 

14,253

 

1,000

 

Aderans Holdings Co., Ltd.

 

13,908

 

1,300

 

Aeon Credit Service Co., Ltd.

 

14,721

 

400

 

Aeon Mall Co., Ltd.

 

8,404

 

600

 

Aica Kogyo Co., Ltd.

 

5,736

 

100

 

Aichi Bank Ltd. (The)

 

8,519

 

2,000

 

Aichi Machine Industry Co., Ltd.

 

5,820

 

2,000

 

Aichi Steel Corp.

 

7,458

 

1,000

 

Air Water, Inc.

 

11,019

 

600

 

Aisan Industry Co., Ltd.

 

5,187

 

1,200

 

Akebono Brake Industry Co., Ltd.

 

7,563

 

1,000

 

Akita Bank Ltd. (The)

 

3,698

 

200

 

Alpen Co., Ltd.

 

3,517

 

1,000

 

Alpine Electronics, Inc.

 

10,011

 

700

 

Amano Corp.

 

6,206

 

4,000

 

Ando Corp.

 

5,883

 

2,000

 

Anritsu Corp.

 

8,152

 

2,100

 

AOC Holdings, Inc.

 

19,832

 

400

 

AOKI Holdings, Inc.

 

4,336

 

1,000

 

Aomori Bank Ltd. (The)

 

3,960

 

1,000

 

Aoyama Trading Co., Ltd.

 

16,808

 

300

 

Arcs Co., Ltd.

 

4,242

 

1,600

 

Arnest One Corp.*

 

7,345

 

600

 

Asatsu-DK, Inc.

 

13,394

 

1,000

 

Asics Corp.

 

9,402

 

100

 

ASKUL Corp.

 

1,832

 

400

 

Autobacs Seven Co., Ltd.

 

13,572

 

300

 

Avex Group Holdings, Inc.

 

2,625

 

1,000

 

Awa Bank Ltd. (The)

 

5,767

 

2,000

 

Bando Chemical Industries Ltd.

 

5,483

 

100

 

Bank of Iwate Ltd. (The)

 

5,809

 

1,000

 

Bank of Nagoya Ltd. (The)

 

4,349

 

100

 

Bank of Okinawa Ltd. (The)

 

3,677

 

1,000

 

Bank of Saga Ltd. (The)

 

3,330

 

700

 

Bank of the Ryukyus Ltd.

 

8,052

 

1,500

 

Belluna Co., Ltd.

 

6,145

 

400

 

Benesse Corp.

 

17,228

 

3,500

 

Best Denki Co. Ltd.

 

17,391

 

36

 

BIC CAMERA, INC.

 

14,427

 

200

 

Canon Electronics, Inc.

 

2,964

 

200

 

Canon Finetech, Inc.

 

2,523

 

200

 

Capcom Co., Ltd.

 

4,025

 

200

 

Cawachi Ltd.

 

3,662

 

5,800

 

Cedyna Financial Corp.*

 

11,089

 

3,000

 

Central Glass Co., Ltd.

 

12,606

 

300

 

Chiba Kogyo Bank Ltd. (The) *

 

2,638

 

300

 

Chiyoda Co., Ltd.

 

4,169

 

2,000

 

Chiyoda Corp.

 

16,892

 

3,000

 

Chori Co., Ltd.

 

3,404

 

 



 

200

 

Chudenko Corp.

 

$

3,191

 

1,000

 

Chuetsu Pulp & Paper Co., Ltd.

 

2,479

 

1,000

 

Chugoku Bank Ltd. (The)

 

13,404

 

400

 

Circle K Sunkus Co., Ltd.

 

6,282

 

1,500

 

CKD Corp.

 

7,705

 

6,000

 

Clarion Co., Ltd.*

 

5,862

 

400

 

Cleanup Corp.

 

2,168

 

1,500

 

CMK Corp.

 

15,269

 

300

 

Coca-Cola Central Japan Co., Ltd.

 

4,150

 

700

 

Coca-Cola West Co., Ltd.

 

13,626

 

1,500

 

COMSYS Holdings Corp.

 

17,270

 

7,400

 

CSK Holdings Corp.*

 

35,213

 

400

 

Culture Convenience Club Co., Ltd.

 

3,051

 

400

 

Daibiru Corp.

 

3,588

 

4,000

 

Daicel Chemical Industries Ltd.

 

25,337

 

1,000

 

Dai-Dan Co., Ltd.

 

5,284

 

8,000

 

Daido Steel Co., Ltd.

 

32,944

 

1,500

 

Daifuku Co., Ltd.

 

10,274

 

1,000

 

Daiichi Chuo Kisen Kaisha

 

2,647

 

1,000

 

Daiken Corp.

 

1,712

 

17,000

 

Daikyo, Inc.*

 

26,609

 

1,000

 

Dainichiseika Color & Chemicals Manufacturing Co., Ltd.

 

2,700

 

8,000

 

Dainippon Screen Manufacturing Co., Ltd.*

 

28,909

 

1,100

 

Dainippon Sumitomo Pharma Co., Ltd.

 

10,169

 

2,000

 

Daio Paper Corp.

 

17,942

 

1,000

 

Daisan Bank Ltd. (The)

 

2,605

 

3,000

 

Daishi Bank Ltd. (The)

 

11,849

 

1,200

 

DCM Japan Holdings Co., Ltd.

 

8,131

 

12,000

 

Denki Kagaku Kogyo Kabushiki Kaisha

 

38,827

 

100

 

Disco Corp.

 

5,210

 

700

 

Don Quijote Co., Ltd.

 

14,493

 

400

 

Doutor Nichires Holdings Co., Ltd.

 

5,509

 

6,000

 

DOWA Holdings Co., Ltd.

 

27,229

 

800

 

Duskin Co., Ltd.

 

13,833

 

100

 

DyDo Drinco, Inc.

 

2,910

 

9

 

eAccess Ltd.

 

6,949

 

9,000

 

Ebara Corp.*

 

28,929

 

6,600

 

EDION Corp.

 

38,270

 

1,000

 

Ehime Bank Ltd. (The)

 

2,595

 

2,000

 

Eighteenth Bank Ltd. (The)

 

5,652

 

100

 

Eizo Nanao Corp.

 

2,211

 

400

 

Exedy Corp.

 

9,391

 

1,000

 

Ezaki Glico Co., Ltd.

 

10,683

 

400

 

FamilyMart Co., Ltd.

 

12,942

 

400

 

Fancl Corp.

 

4,799

 

300

 

FCC Co., Ltd.

 

4,819

 

100

 

FP Corp.

 

4,538

 

200

 

Fuji Co., Ltd.

 

3,763

 

8,000

 

Fuji Fire & Marine Insurance Co., Ltd. (The) *

 

9,580

 

600

 

Fuji Oil Co., Ltd.

 

7,330

 

600

 

FUJI SOFT, INC.

 

12,001

 

1,000

 

Fujitec Co., Ltd.

 

5,284

 

2,000

 

Fujitsu General Ltd.

 

6,492

 

1,000

 

Fukui Bank Ltd. (The)

 

3,246

 

1,000

 

Fukuyama Transporting Co., Ltd.

 

4,633

 

200

 

Funai Electric Co., Ltd.

 

8,299

 

9,000

 

Furukawa Co., Ltd.

 

12,196

 

3,000

 

Furukawa-Sky Aluminum Corp.

 

5,326

 

600

 

Futaba Corp.

 

10,488

 

5,200

 

Futaba Industrial Co., Ltd.

 

20,102

 

9

 

Geo Corp.

 

7,062

 

600

 

Glory Ltd.

 

12,291

 

 



 

2,000

 

Godo Steel Ltd.

 

$

5,504

 

190

 

Goldcrest Co., Ltd.

 

4,521

 

2,000

 

GS Yuasa Corp.

 

18,173

 

280

 

Gulliver International Co., Ltd.

 

16,354

 

2,000

 

Gunze Ltd.

 

8,551

 

1,000

 

H2O Retailing Corp.

 

5,788

 

400

 

Hamamatsu Photonics KK

 

7,828

 

300

 

Heiwa Corp.

 

3,227

 

400

 

Heiwado Co., Ltd.

 

5,261

 

1,000

 

Higashi-Nippon Bank Ltd. (The)

 

2,153

 

1,000

 

Higo Bank Ltd. (The)

 

6,082

 

200

 

Hikari Tsushin, Inc.

 

4,317

 

100

 

Hirose Electric Co., Ltd.

 

11,135

 

4,000

 

Hiroshima Bank Ltd. (The)

 

16,555

 

300

 

HIS Co., Ltd.

 

6,114

 

200

 

Hisamitsu Pharmaceutical Co., Inc.

 

6,870

 

6,000

 

Hitachi Cable Ltd.

 

19,791

 

200

 

Hitachi Information Systems Ltd.

 

6,030

 

400

 

Hitachi Koki Co., Ltd.

 

3,664

 

1,000

 

Hitachi Kokusai Electric, Inc.

 

7,322

 

600

 

Hitachi Maxell Ltd.

 

10,854

 

1,000

 

Hitachi Plant Technologies Ltd.

 

6,355

 

200

 

Hitachi Software Engineering Co., Ltd.

 

5,526

 

400

 

Hitachi Transport System Ltd.

 

5,046

 

18,500

 

Hitachi Zosen Corp.*

 

23,708

 

1,000

 

Hokkan Holdings Ltd.

 

2,574

 

3,000

 

Hokkoku Bank Ltd. (The)

 

11,062

 

2,000

 

Hokuetsu Bank Ltd. (The)

 

4,076

 

1,500

 

Hokuetsu Paper Mills Ltd.

 

7,500

 

300

 

Horiba Ltd.

 

7,043

 

1,100

 

Hosiden Corp.

 

14,201

 

400

 

House Foods Corp.

 

5,610

 

2,000

 

Hyakugo Bank Ltd. (The)

 

9,811

 

2,000

 

Hyakujushi Bank Ltd. (The)

 

9,412

 

300

 

Iida Home Max

 

4,005

 

600

 

Iino Kaiun Kaisha Ltd.

 

3,177

 

300

 

Inaba Denki Sangyo Co., Ltd.

 

6,807

 

3,800

 

Inabata & Co., Ltd.

 

17,364

 

2,000

 

Iseki & Co., Ltd.*

 

9,202

 

8,000

 

Ishihara Sangyo Kaisha Ltd.*

 

8,740

 

800

 

Ito En Ltd.

 

12,513

 

1,500

 

Itochu Enex Co., Ltd.

 

9,171

 

200

 

Itochu Techno-Solutions Corp.

 

5,988

 

100

 

Itochu-Shokuhin Co., Ltd.

 

3,572

 

3,000

 

Itoham Foods, Inc.

 

9,738

 

7,000

 

Iwatani Corp.

 

20,369

 

1,000

 

Iyo Bank Ltd. (The)

 

10,400

 

900

 

Izumi Co., Ltd.

 

12,253

 

2,000

 

Izumiya Co., Ltd.

 

11,429

 

7,000

 

Jaccs Co., Ltd.

 

14,486

 

300

 

Jafco Co., Ltd.

 

10,463

 

700

 

Japan Airport Terminal Co., Ltd.

 

8,133

 

1,000

 

Japan Aviation Electronics Industry Ltd.

 

6,555

 

900

 

Japan General Estate Co., Ltd. (The) *

 

 

300

 

Japan Petroleum Exploration Co., Ltd.

 

14,717

 

2,000

 

Japan Pulp & Paper Co., Ltd.

 

6,702

 

4,000

 

Japan Radio Co., Ltd.

 

9,538

 

1,700

 

Japan Securities Finance Co., Ltd.

 

14,054

 

1,000

 

Japan Steel Works Ltd. (The)

 

13,026

 

1,000

 

Japan Wool Textile Co., Ltd. (The)

 

7,521

 

1,000

 

JGC Corp.

 

17,228

 

1,000

 

J-Oil Mills, Inc.

 

3,320

 

 



 

3,900

 

Joint Corp.*

 

$

 

1,000

 

Joshin Denki Co., Ltd.

 

8,267

 

8,000

 

Juki Corp.

 

9,748

 

4,000

 

Juroku Bank Ltd. (The)

 

14,286

 

300

 

Kadokawa Group Holdings, Inc.

 

7,201

 

800

 

Kaga Electronics Co., Ltd.

 

9,664

 

1,000

 

Kagawa Bank Ltd. (The)

 

4,286

 

700

 

Kagome Co., Ltd.

 

12,265

 

1,000

 

Kagoshima Bank Ltd. (The)

 

7,837

 

1,000

 

Kamei Corp.

 

6,145

 

2,000

 

Kamigumi Co., Ltd.

 

16,577

 

1,000

 

Kandenko Co., Ltd.

 

6,597

 

2,000

 

Kansai Paint Co., Ltd.

 

15,337

 

4,000

 

Kansai Urban Banking Corp.

 

6,723

 

1,000

 

Kanto Auto Works Ltd.

 

8,950

 

800

 

Kasumi Co., Ltd.

 

3,731

 

600

 

Kato Sangyo Co., Ltd.

 

9,587

 

8,000

 

Kayaba Industry Co., Ltd.

 

18,320

 

3,000

 

Keihan Electric Railway Co., Ltd.

 

13,015

 

900

 

Keihin Corp.

 

13,529

 

2,000

 

Keihin Electric Express Railway Co., Ltd.

 

16,577

 

2,000

 

Keisei Electric Railway Co., Ltd.

 

12,417

 

1,000

 

Keiyo Bank Ltd. (The)

 

5,547

 

400

 

Keiyo Co., Ltd.

 

1,958

 

2,000

 

Kikkoman Corp.

 

23,258

 

100

 

Kintetsu World Express, Inc.

 

2,427

 

1,000

 

Kitz Corp.

 

3,992

 

8,000

 

Kiyo Holdings, Inc.

 

9,748

 

200

 

Kobayashi Pharmaceutical Co., Ltd.

 

7,668

 

600

 

Kohnan Shoji Co., Ltd.

 

5,830

 

1,000

 

Koito Manufacturing Co., Ltd.

 

14,602

 

3,200

 

Kojima Co., Ltd.

 

16,068

 

600

 

Komeri Co., Ltd.

 

16,450

 

1,100

 

Komori Corp.

 

11,890

 

1,100

 

Konami Corp.

 

23,284

 

200

 

Kose Corp.

 

4,059

 

800

 

K’s Holdings Corp.

 

23,615

 

12,000

 

Kumagai Gumi Co., Ltd. *

 

9,832

 

4,000

 

Kurabo Industries Ltd.

 

8,236

 

2,000

 

KUREHA Corp.

 

11,513

 

7,000

 

Kurimoto Ltd.*

 

7,353

 

600

 

Kurita Water Industries Ltd.

 

19,791

 

800

 

Kuroda Electric Co., Ltd.

 

10,900

 

2,000

 

Kyodo Printing Co., Ltd.

 

6,681

 

300

 

Kyoei Steel Ltd.

 

7,437

 

1,100

 

Kyowa Exeo Corp.

 

10,700

 

1,000

 

Kyowa Hakko Kirin Co., Ltd.

 

11,450

 

1,000

 

Kyudenko Corp.

 

6,103

 

200

 

Life Corp.

 

3,330

 

500

 

Lintec Corp.

 

9,712

 

2,000

 

Lion Corp.

 

9,559

 

200

 

Mabuchi Motor Co., Ltd.

 

9,980

 

200

 

Macnica, Inc.

 

3,343

 

4,000

 

Maeda Corp.

 

12,564

 

1,000

 

Maeda Road Construction Co., Ltd.

 

8,698

 

3,000

 

Makino Milling Machine Co., Ltd.

 

9,832

 

2,000

 

Marudai Food Co., Ltd.

 

5,042

 

1,000

 

Maruetsu, Inc. (The)

 

4,790

 

14,000

 

Maruha Nichiro Holdings, Inc.

 

20,883

 

600

 

Maruichi Steel Tube Ltd.

 

11,484

 

1,000

 

Marusan Securities Co., Ltd.

 

6,870

 

700

 

Matsui Securities Co., Ltd.

 

6,640

 

 



 

400

 

Matsumotokiyoshi Holdings Co., Ltd.

 

$

8,950

 

3,000

 

Meidensha Corp.

 

17,869

 

1,000

 

MEIJI Holdings Co., Ltd.*

 

40,129

 

400

 

Meitec Corp.

 

7,252

 

1,000

 

Mie Bank Ltd. (The)

 

3,624

 

800

 

Mikuni Coca-Cola Bottling Co., Ltd.

 

6,547

 

2,000

 

Minato Bank Ltd. (The)*

 

2,836

 

5,000

 

Minebea Co., Ltd.

 

20,222

 

200

 

Ministop Co., Ltd.

 

3,256

 

300

 

Miraca Holdings, Inc.

 

7,453

 

5,600

 

Misawa Homes Co., Ltd.*

 

20,883

 

300

 

MISUMI Group, Inc.

 

4,888

 

2,000

 

Mitsuba Corp.*

 

7,164

 

1,000

 

Mitsubishi Logistics Corp.

 

12,333

 

7,000

 

Mitsubishi Paper Mills Ltd.

 

9,853

 

2,000

 

Mitsubishi Steel Manufacturing Co., Ltd.

 

4,412

 

12,000

 

Mitsui Engineering & Shipbuilding Co., Ltd.

 

30,253

 

1,000

 

Mitsui Home Co., Ltd.

 

5,631

 

1,000

 

Mitsui-Soko Co., Ltd.

 

3,971

 

1,200

 

Mitsumi Electric Co., Ltd.

 

29,434

 

300

 

Mitsuuroko Co., Ltd.

 

1,818

 

200

 

Miura Co., Ltd.

 

4,801

 

1,000

 

Miyazaki Bank Ltd. (The)

 

3,908

 

3,000

 

Mizuho Investors Securities Co., Ltd.*

 

3,656

 

1,000

 

Mizuno Corp.

 

4,486

 

15

 

Monex Group, Inc.

 

6,776

 

1,000

 

Mori Seiki Co., Ltd.

 

11,272

 

3,000

 

Morinaga & Co., Ltd.

 

6,271

 

5,000

 

Morinaga Milk Industry Co., Ltd.

 

20,642

 

700

 

Musashi Seimitsu Industry Co., Ltd.

 

13,773

 

300

 

Musashino Bank Ltd. (The)

 

10,494

 

6,000

 

Nachi-Fujikoshi Corp.

 

12,291

 

3,000

 

Nakayama Steel Works Ltd.

 

6,397

 

2,000

 

Nanto Bank Ltd. (The)

 

11,744

 

200

 

NEC Fielding Ltd.

 

2,849

 

400

 

NEC Networks & System Integration Corp.

 

5,126

 

3

 

NET One Systems Co., Ltd.

 

5,266

 

4,000

 

NHK Spring Co., Ltd.

 

28,783

 

4,000

 

Nice Holdings, Inc.

 

8,026

 

2,000

 

Nichias Corp.

 

6,450

 

1,100

 

Nichicon Corp.

 

16,582

 

300

 

Nichiha Corp.

 

2,291

 

400

 

Nichii Gakkan Co.

 

4,320

 

4,000

 

Nichirei Corp.

 

15,169

 

800

 

NIFCO, Inc.

 

14,539

 

300

 

Nihon Kohden Corp.

 

4,163

 

1,000

 

Nihon Unisys Ltd.

 

8,708

 

1,000

 

Nippo Corp.

 

7,900

 

3,000

 

Nippon Chemi-Con Corp.

 

10,715

 

3,000

 

Nippon Coke & Engineering Co., Ltd.

 

3,593

 

1,000

 

Nippon Flour Mills Co., Ltd.

 

4,790

 

2,000

 

Nippon Kayaku Co., Ltd.

 

16,492

 

26,000

 

Nippon Light Metal Co., Ltd.*

 

25,400

 

4,000

 

Nippon Metal Industry Co., Ltd.

 

8,362

 

2,000

 

Nippon Paint Co., Ltd.

 

10,316

 

1,000

 

Nippon Road Co., Ltd. (The)

 

2,479

 

1,000

 

Nippon Seiki Co., Ltd.

 

12,238

 

2,000

 

Nippon Shokubai Co., Ltd.

 

16,303

 

2,000

 

Nippon Soda Co., Ltd.

 

9,790

 

6,800

 

Nippon Suisan Kaisha Ltd.

 

18,572

 

3,500

 

Nippon Yakin Kogyo Co., Ltd.

 

17,942

 

400

 

Nipro Corp.

 

8,202

 

 



 

15,000

 

NIS Group Co., Ltd.*

 

$

7,091

 

17,000

 

Nishimatsu Construction Co., Ltd.

 

23,216

 

8,000

 

Nishi-Nippon City Bank Ltd. (The)

 

20,169

 

3,000

 

Nishi-Nippon Railroad Co., Ltd.

 

11,188

 

600

 

Nishio Rent All Co., Ltd.

 

5,162

 

2,000

 

Nissan Chemical Industries Ltd.

 

26,767

 

1,000

 

Nissan Shatai Co., Ltd.

 

9,160

 

2,000

 

Nissay Dowa General Insurance Co., Ltd.

 

9,328

 

1,200

 

Nissen Holdings Co., Ltd.

 

3,807

 

200

 

Nissha Printing Co., Ltd.

 

10,862

 

1,000

 

Nisshin Oillio Group Ltd. (The)

 

5,294

 

2,000

 

Nisshinbo Holdings, Inc.

 

25,443

 

1,000

 

Nissin Corp.

 

2,511

 

600

 

Nissin Foods Holdings Co., Ltd.

 

19,035

 

900

 

Nissin Kogyo Co., Ltd.

 

12,631

 

100

 

Nitori Co., Ltd.

 

7,122

 

1,000

 

Nittetsu Mining Co., Ltd.

 

4,338

 

3,000

 

Nitto Boseki Co., Ltd.

 

5,294

 

2,000

 

NOF Corp.

 

8,887

 

1,100

 

Nomura Research Institute Ltd.

 

27,097

 

1,000

 

Noritake Co., Ltd.

 

3,330

 

300

 

Noritsu Koki Co., Ltd.

 

2,581

 

600

 

Noritz Corp.

 

6,681

 

200

 

NS Solutions Corp.

 

3,542

 

9

 

NTT Urban Development Corp.

 

8,471

 

30

 

Obic Co., Ltd.

 

5,090

 

2,000

 

Ogaki Kyoritsu Bank Ltd. (The)

 

8,782

 

1,000

 

Oita Bank Ltd. (The)

 

4,990

 

1,000

 

Okamura Corp.

 

6,208

 

1,000

 

Okasan Securities Group, Inc.

 

5,084

 

100

 

Okinawa Electric Power Co., Inc. (The)

 

5,242

 

2,000

 

OKUMA Corp.

 

8,971

 

3,000

 

Okumura Corp.

 

12,448

 

2,000

 

Onward Holdings Co., Ltd.

 

14,139

 

100

 

Oracle Corp. Japan

 

4,002

 

13,500

 

Orient Corp.*

 

15,883

 

1,200

 

OSG Corp.

 

10,954

 

200

 

Otsuka Corp.

 

10,379

 

4

 

Pacific Golf Group International Holdings KK

 

2,265

 

2,000

 

Pacific Metals Co., Ltd.

 

15,862

 

1,000

 

PanaHome Corp.

 

5,820

 

800

 

Parco Co., Ltd.

 

6,933

 

400

 

Paris Miki, Inc.

 

3,895

 

700

 

Park24 Co., Ltd.

 

5,824

 

4

 

Pasona Group, Inc.

 

2,698

 

9,500

 

Penta-Ocean Construction Co., Ltd.*

 

12,874

 

200

 

Plenus Co., Ltd.

 

2,893

 

7,000

 

Press Kogyo Co., Ltd.

 

12,207

 

7,000

 

Prima Meat Packers Ltd.

 

7,868

 

1,500

 

Q.P. Corp.

 

15,568

 

2,000

 

Rengo Co., Ltd.

 

12,480

 

600

 

Resorttrust, Inc.

 

6,719

 

2,000

 

Riken Corp.

 

6,261

 

200

 

Rinnai Corp.

 

8,677

 

400

 

Roland Corp.

 

4,702

 

700

 

Round One Corp.

 

6,456

 

300

 

Royal Holdings Co., Ltd.

 

3,243

 

5,000

 

Ryobi Ltd.

 

12,868

 

1,000

 

Ryoden Trading Co., Ltd.

 

5,851

 

200

 

Ryohin Keikaku Co., Ltd.

 

8,257

 

600

 

Ryosan Co., Ltd.

 

15,316

 

800

 

Ryoyo Electro Corp.

 

6,807

 

 



 

2,000

 

Sagami Railway Co., Ltd.

 

$

8,362

 

2,000

 

Saibu Gas Co., Ltd.

 

5,315

 

1,000

 

Sakai Chemical Industry Co., Ltd.

 

4,212

 

100

 

San-A Co., Ltd.

 

3,666

 

1,000

 

San-Ai Oil Co., Ltd.

 

4,664

 

7,000

 

Sanden Corp.*

 

19,560

 

300

 

Sangetsu Co., Ltd.

 

6,413

 

1,000

 

San-in Godo Bank Ltd. (The)

 

9,370

 

4,000

 

Sanken Electric Co., Ltd.

 

15,715

 

1,000

 

Sanki Engineering Co., Ltd.

 

7,805

 

15,000

 

Sankyo-Tateyama Holdings, Inc.*

 

13,394

 

4,000

 

Sankyu, Inc.

 

15,085

 

900

 

Sanshin Electronics Co., Ltd.

 

7,942

 

300

 

Santen Pharmaceutical Co., Ltd.

 

9,312

 

4,000

 

Sanwa Holdings Corp.

 

14,413

 

1,000

 

Sanyo Chemical Industries Ltd.

 

5,610

 

1,000

 

Sanyo Shokai Ltd.

 

3,298

 

3,000

 

Sanyo Special Steel Co., Ltd.

 

12,133

 

4,000

 

Sapporo Holdings Ltd.

 

24,036

 

253

 

SBI Holdings, Inc.

 

50,843

 

3,000

 

Seiko Holdings Corp.

 

7,689

 

3,000

 

Seino Holdings Co., Ltd.

 

23,351

 

1,000

 

Senko Co., Ltd.

 

3,666

 

121,210

 

SFCG Co., Ltd. *

 

 

2,000

 

Shiga Bank Ltd. (The)

 

12,270

 

1,000

 

Shikoku Bank Ltd. (The)

 

3,603

 

300

 

Shima Seiki Manufacturing Ltd.

 

7,516

 

700

 

Shimachu Co., Ltd.

 

14,780

 

1,000

 

Shimadzu Corp.

 

7,710

 

200

 

Shimamura Co., Ltd.

 

17,984

 

300

 

Shimano, Inc.

 

12,228

 

800

 

Shin-Etsu Polymer Co., Ltd.

 

5,067

 

800

 

Shinko Electric Industries

 

12,547

 

7,000

 

Shinko Securities Co., Ltd.

 

25,443

 

700

 

Shinko Shoji Co., Ltd.

 

6,302

 

2,000

 

Shinmaywa Industries Ltd.

 

7,269

 

1,000

 

Shinwa Kaiun Kaisha Ltd.

 

2,899

 

1,000

 

Shionogi & Co., Ltd.

 

20,579

 

500

 

Shizuoka Gas Co., Ltd.

 

3,241

 

3,300

 

Showa Corp.

 

18,546

 

1,000

 

Showa Sangyo Co., Ltd.

 

3,025

 

800

 

Sintokogio Ltd.

 

5,572

 

8

 

SKY Perfect JSAT Holdings, Inc.

 

2,983

 

3,000

 

Snow Brand Milk Products Co., Ltd.

 

9,832

 

900

 

Sohgo Security Services Co., Ltd.

 

10,107

 

300

 

Square Enix Holdings Co., Ltd.

 

6,634

 

1,700

 

Stanley Electric Co., Ltd.

 

35,072

 

600

 

Star Micronics Co., Ltd.

 

6,070

 

1,000

 

Starzen Co., Ltd.

 

2,311

 

200

 

Sugi Holdings Co., Ltd.

 

4,233

 

300

 

Sumisho Computer Systems Corp.

 

5,033

 

3,000

 

Sumitomo Bakelite Co., Ltd.

 

16,797

 

11,000

 

Sumitomo Light Metal Industries Ltd.*

 

10,746

 

12,800

 

Sumitomo Mitsui Construction Co., Ltd.*

 

13,043

 

6,000

 

Sumitomo Osaka Cement Co., Ltd.

 

11,345

 

90

 

Sumitomo Real Estate Sales Co., Ltd.

 

3,990

 

2,000

 

Sumitomo Warehouse Co., Ltd. (The)

 

8,425

 

100

 

Sundrug Co., Ltd.

 

2,222

 

1,000

 

Suruga Bank Ltd.

 

10,568

 

7,000

 

SWCC Showa Holdings Co., Ltd.*

 

8,162

 

100

 

Sysmex Corp.

 

3,813

 

1,100

 

Tachi-S Co., Ltd.

 

9,961

 

 



 

1,000

 

Tadano Ltd.

 

$

4,769

 

1,000

 

Taihei Kogyo Co., Ltd.

 

2,941

 

300

 

Taikisha Ltd.

 

3,281

 

2,000

 

Taiyo Nippon Sanso Corp.

 

19,119

 

2,000

 

Taiyo Yuden Co., Ltd.

 

27,207

 

100

 

Takamatsu Construction Group Co., Ltd.

 

1,586

 

2,000

 

Takara Holdings, Inc.

 

13,257

 

1,000

 

Takara Standard Co., Ltd.

 

5,904

 

1,000

 

Takasago Thermal Engineering Co., Ltd.

 

8,792

 

200

 

Tecmo Koei Holdings Co., Ltd *

 

1,529

 

6,000

 

Tekken Corp.*

 

5,799

 

3

 

T-GAIA Corp.

 

4,500

 

1,400

 

THK Co., Ltd.

 

22,854

 

4,000

 

Toa Corp.

 

5,210

 

3,000

 

Toagosei Co., Ltd.

 

9,045

 

1,000

 

Tochigi Bank Ltd. (The)

 

4,790

 

6,000

 

Toda Corp.

 

22,753

 

1,000

 

Toei Co., Ltd.

 

5,221

 

1,000

 

Toho Bank Ltd. (The)

 

4,496

 

900

 

Toho Co., Ltd. (Tokyo)

 

15,921

 

1,500

 

Toho Holdings Co., Ltd.

 

20,090

 

2,000

 

Toho Zinc Co., Ltd.

 

8,299

 

2,000

 

Tokai Carbon Co., Ltd.

 

10,652

 

1,000

 

Tokai Corp.

 

4,486

 

1,000

 

Tokai Rika Co., Ltd.

 

19,854

 

800

 

Tokai Rubber Industries Ltd.

 

10,127

 

4,000

 

Tokai Tokyo Financial Holdings, Inc.

 

14,581

 

110

 

Token Corp.

 

3,409

 

2,000

 

Tokushu Tokai Holdings Co., Ltd.

 

5,315

 

2,000

 

Tokuyama Corp.

 

15,043

 

2,000

 

Tokyo Dome Corp.

 

6,303

 

500

 

Tokyo Ohka Kogyo Co., Ltd.

 

10,636

 

700

 

Tokyo Seimitsu Co., Ltd.

 

9,648

 

1,600

 

Tokyo Steel Manufacturing Co., Ltd.

 

17,648

 

1,000

 

Tokyo Style Co., Ltd.

 

8,005

 

6,000

 

Tokyo Tatemono Co., Ltd.

 

29,246

 

400

 

Tokyo Tomin Bank Ltd. (The)

 

7,437

 

2,060

 

Tokyu Construction Co., Ltd.*

 

6,146

 

1,000

 

Tomoku Co., Ltd.

 

2,195

 

1,000

 

Tomy Co., Ltd.

 

8,835

 

1,000

 

Tonami Holdings Co., Ltd.

 

2,773

 

900

 

Topcon Corp.

 

4,784

 

300

 

Toppan Forms Co., Ltd.

 

3,757

 

300

 

Topre Corp.

 

2,553

 

7,000

 

Topy Industries Ltd.

 

16,398

 

1,000

 

Toshiba Machine Co., Ltd.

 

3,645

 

3,000

 

Toshiba TEC Corp.

 

12,795

 

15,000

 

Toyo Construction Co., Ltd.

 

8,509

 

1,000

 

Toyo Engineering Corp.

 

3,109

 

4,000

 

Toyo Ink Manufacturing Co., Ltd.

 

13,026

 

1,000

 

Toyo Kohan Co., Ltd.

 

3,855

 

9,000

 

Toyo Tire & Rubber Co., Ltd.*

 

19,570

 

12,000

 

Toyobo Co., Ltd.

 

22,438

 

800

 

transcosmos, Inc.*

 

10,085

 

500

 

Trend Micro, Inc.

 

17,175

 

300

 

Trusco Nakayama Corp.

 

4,743

 

1,100

 

TS Tech Co., Ltd.

 

21,319

 

3,000

 

Tsubakimoto Chain Co.

 

10,305

 

200

 

Tsumura & Co.

 

6,429

 

100

 

Tsuruha Holdings, Inc.

 

3,151

 

3

 

TV Asahi Corp.

 

4,582

 

1,000

 

Uchida Yoko Co., Ltd.

 

3,477

 

 



 

500

 

Ulvac, Inc.

 

$

13,420

 

100

 

Unicharm Corp.

 

8,047

 

4,000

 

Uniden Corp.*

 

11,513

 

600

 

Unipres Corp.

 

7,639

 

11,000

 

Unitika Ltd.*

 

9,822

 

300

 

USC Corp.

 

3,495

 

800

 

Ushio, Inc.

 

15,001

 

200

 

USS Co., Ltd.

 

12,438

 

900

 

Valor Co., Ltd.

 

7,412

 

700

 

VITAL KSK HOLDINGS, Inc.*

 

3,809

 

1,000

 

Wacoal Holdings Corp.

 

12,784

 

200

 

Xebio Co., Ltd.

 

4,317

 

200

 

Yachiyo Bank Ltd. (The)

 

5,788

 

1,200

 

Yakult Honsha Co., Ltd.

 

26,284

 

1,000

 

Yamagata Bank Ltd. (The)

 

5,378

 

2,000

 

Yamaguchi Financial Group, Inc.

 

27,207

 

1,000

 

Yamanashi Chuo Bank Ltd. (The)

 

5,126

 

600

 

Yamatake Corp.

 

13,110

 

400

 

Yamato Kogyo Co., Ltd.

 

12,396

 

1,800

 

Yamazen Corp.

 

7,582

 

100

 

Yaoko Co., Ltd.

 

3,115

 

3,000

 

Yaskawa Electric Corp.

 

21,209

 

2,000

 

Yodogawa Steel Works Ltd.

 

9,517

 

5,200

 

Yokogawa Electric Corp.

 

40,531

 

5,000

 

Yokohama Rubber Co., Ltd. (The)

 

26,419

 

500

 

Yonekyu Corp.

 

4,753

 

3

 

Yoshinoya Holdings Co., Ltd.

 

3,561

 

10,000

 

Yuasa Trading Co., Ltd.

 

11,450

 

200

 

Yusen Air & Sea Service Co., Ltd.

 

2,519

 

800

 

Zensho Co., Ltd.

 

4,748

 

4,000

 

Zeon Corp.

 

16,598

 

 

 

 

 

5,130,290

 

 

 

Liechtenstein—0.1%

 

 

 

170

 

Liechtenstein Landesbank

 

10,172

 

98

 

Verwalt & Privat-Bank AG

 

12,566

 

 

 

 

 

22,738

 

 

 

Luxembourg—0.2%

 

 

 

10,280

 

Colt Telecom Group S.A.*

 

18,960

 

1,525

 

GAGFAH S.A.

 

12,735

 

4,400

 

Logwin AG*

 

6,051

 

1,232

 

Orco Property Group*

 

12,263

 

 

 

 

 

50,009

 

 

 

Netherlands—3.3%

 

 

 

2,280

 

Aalberts Industries N.V.

 

21,076

 

842

 

AMG Advanced Metallurgical Group N.V.*

 

6,327

 

474

 

Arcadis N.V.

 

8,897

 

1,347

 

ASM International N.V.*

 

22,582

 

1,841

 

CSM

 

32,273

 

1,459

 

Draka Holding *

 

23,415

 

196

 

Eriks N.V. CVA

 

13,338

 

604

 

Eurocommercial Properties N.V. CVA REIT

 

20,415

 

318

 

Exact Holding N.V.

 

8,327

 

728

 

Fugro N.V. CVA

 

32,496

 

607

 

Gemalto N.V.*

 

22,547

 

23,796

 

Heijmans N.V. CVA*

 

36,065

 

1,186

 

Imtech N.V.

 

25,070

 

 



 

2,006

 

Kardan N.V.*

 

$

14,220

 

662

 

Koninklijke Boskalis Westminster N.V.

 

16,467

 

198

 

Koninklijke Vopak N.V.*

 

11,807

 

3,401

 

Koninklijke Wessanen N.V.

 

14,798

 

475

 

Macintosh Retail Group N.V.

 

6,869

 

1,729

 

Medig N.V.

 

22,768

 

671

 

Nieuwe Steen Investments Funds N.V. REIT

 

11,126

 

615

 

Nutreco Holding N.V.

 

26,284

 

8,655

 

OCE N.V.

 

42,445

 

739

 

Qiagen N.V.*

 

14,029

 

1,455

 

SBM Offshore N.V.

 

27,683

 

234

 

Sligro Food Group N.V.

 

6,161

 

134

 

Smit Internationale N.V.

 

9,309

 

4,062

 

Super De Boer*

 

16,298

 

282

 

Telegraaf Media Groep N.V.

 

4,618

 

443

 

Ten Cate N.V.

 

8,347

 

2,520

 

TomTom N.V.*

 

27,546

 

1,640

 

USG People N.V.*

 

21,740

 

825

 

Vastned Offices/Industrial N.V. REIT

 

12,474

 

366

 

Vastned Retail N.V. REIT

 

19,588

 

20,814

 

Wavin N.V.

 

38,037

 

364

 

Wereldhave N.V. REIT

 

29,271

 

 

 

 

 

674,713

 

 

 

New Zealand—0.7%

 

 

 

10,319

 

Air New Zealand Ltd.

 

7,473

 

13,741

 

AMP NZ Office Trust REIT

 

6,966

 

13,250

 

Auckland International Airport Ltd.

 

14,829

 

4,318

 

Contact Energy Ltd.

 

17,909

 

61,847

 

Fisher & Paykel Appliances Holdings Ltd.

 

35,424

 

9,905

 

Goodman Property Trust REIT

 

6,456

 

14,460

 

Kiwi Income Property Trust REIT

 

9,424

 

9,345

 

Sky City Entertainment Group Ltd.

 

20,241

 

2,543

 

Sky Network Television Ltd.

 

7,232

 

2,914

 

Vector Ltd.

 

3,856

 

3,001

 

Warehouse Group Ltd. (The)

 

7,883

 

 

 

 

 

137,693

 

 

 

Norway—1.7%

 

 

 

14,000

 

ABG Sundal Collier Holding ASA

 

16,215

 

3,000

 

Atea ASA

 

14,863

 

1,000

 

Austevoll Seafood ASA*

 

4,646

 

1,654

 

Cermaq ASA*

 

11,688

 

16,000

 

DNO International ASA*

 

19,493

 

600

 

DOF ASA*

 

3,460

 

1,000

 

EDB Business Partner ASA*

 

2,924

 

4,000

 

Eitzen Chemical ASA*

 

1,982

 

604

 

Ekornes ASA

 

8,536

 

243

 

Fred Olsen Energy ASA

 

8,801

 

445

 

Golar LNG Ltd.

 

4,500

 

200

 

Leroy Seafood Group ASA

 

3,314

 

51,000

 

Marine Harvest*

 

31,896

 

8,000

 

Norwegian Property ASA*

 

7,563

 

5,819

 

Petroleum Geo-Services ASA*

 

40,657

 

5,007

 

ProSafe SE

 

26,150

 

1,550

 

Renewable Energy Corp A/S*

 

12,255

 

2,635

 

Schibsted ASA*

 

29,878

 

3,303

 

Sparebank 1 SR Bank

 

17,439

 

2,651

 

Sparebanken 1 SMN

 

17,226

 

929

 

Stolt-Nielsen S.A.

 

12,148

 

 



 

1,500

 

Subsea 7, Inc.*

 

$

17,305

 

400

 

Tandberg ASA

 

8,447

 

1,140

 

TGS Nopec Geophysical Co. ASA*

 

12,867

 

2,006

 

Veidekke ASA

 

11,731

 

 

 

 

 

345,984

 

 

 

Portugal—0.4%

 

 

 

2,748

 

Banif SGPS S.A.

 

4,636

 

1,918

 

Mota Engil SGPS S.A.

 

8,131

 

3,171

 

Portucel Empresa Produtora de Pasta e Papel S.A.

 

7,728

 

1,313

 

SAG GEST-Solucoes Automovel Globais SGPS S.A.

 

1,917

 

865

 

Semapa - Sociedade de Investimento e Gestao SGPS S.A.

 

7,885

 

5,080

 

Sonae Industria SGPS S.A.*

 

15,406

 

3,237

 

Sonaecom SGPS S.A.*

 

8,444

 

11,939

 

Teixeira Duarte - Engenharia Construcoes S.A.*

 

15,826

 

2,852

 

ZON Multimedia Servicos de Telecomunicacoes e Multimedia SGPS S.A.

 

16,130

 

 

 

 

 

86,103

 

 

 

Singapore—2.4%

 

 

 

19,000

 

Allgreen Properties Ltd.

 

15,811

 

16,000

 

Ascendas REIT

 

18,862

 

54,000

 

CapitaCommercial Trust REIT

 

32,017

 

32,000

 

CapitaMall Trust REIT

 

35,061

 

15,000

 

CDL Hospitality Trusts REIT

 

12,586

 

1,000

 

Cerebos Pacific Ltd.

 

2,184

 

12,300

 

Chartered Semiconductor Manufacturing Ltd.*

 

19,106

 

23,000

 

ComfortDelGro Corp. Ltd.

 

24,722

 

7,000

 

Cosco Corp. Singapore Ltd.

 

6,359

 

19,000

 

First Ship Lease Trust

 

8,103

 

15,000

 

Fortune REIT

 

8,052

 

108,240

 

Golden Agri-Resources Ltd.

 

31,900

 

2,000

 

Guocoland Ltd.

 

2,926

 

2,000

 

Haw Par Corp. Ltd.

 

7,073

 

7,000

 

Hong Leong Asia Ltd.

 

8,058

 

4,000

 

Hotel Properties Ltd.

 

5,132

 

6,000

 

Indofood Agri Resources Ltd.*

 

6,366

 

14,000

 

Keppel Land Ltd.

 

25,824

 

3,000

 

Kim Eng Holdings Ltd.

 

4,182

 

3,000

 

K-REIT Asia

 

2,226

 

25,000

 

Mapletree Logistics Trust REIT

 

10,315

 

4,000

 

MobileOne Ltd.

 

4,660

 

11,300

 

Olam International Ltd.

 

19,904

 

6,000

 

Parkway Holdings Ltd.

 

8,696

 

7,000

 

SembCorp Marine Ltd.

 

15,145

 

2,000

 

SIA Engineering Co., Ltd.

 

3,648

 

3,000

 

Singapore Airport Terminal Services Ltd.

 

4,369

 

6,000

 

Singapore Exchange Ltd.

 

36,282

 

2,000

 

Singapore Land Ltd.

 

7,281

 

13,000

 

Singapore Post Ltd.

 

8,113

 

3,000

 

SMRT Corp. Ltd.

 

3,537

 

4,000

 

StarHub Ltd.

 

6,213

 

17,000

 

STATS ChipPAC Ltd.*

 

8,842

 

13,000

 

UOL Group Ltd.

 

31,552

 

5,000

 

Venture Corp. Ltd.

 

33,112

 

12,000

 

Wing Tai Holdings Ltd.

 

14,396

 

 

 

 

 

492,615

 

 

 

Spain—2.2%

 

 

 

659

 

Abengoa S.A.

 

16,808

 

 



 

1,971

 

Antena 3 de Television S.A.

 

$

19,281

 

522

 

Banco de Valencia S.A.

 

5,062

 

2,303

 

Banco Pastor S.A.

 

18,578

 

2,235

 

Bankinter S.A.

 

25,254

 

803

 

Bolsas y Mercados Espanoles

 

25,866

 

387

 

Campofrio Food Group S.A.

 

3,676

 

340

 

Cementos Portland Valderrivas S.A.

 

15,715

 

561

 

Cie Automotive S.A.*

 

2,672

 

1,752

 

Cintra Concesiones de Infraestructuras de Transporte S.A.

 

14,282

 

290

 

Codere S.A.*

 

2,483

 

22

 

Construcciones y Auxiliar de Ferrpcarriles S.A.

 

9,794

 

345

 

Corp Financiera Alba

 

17,951

 

1,649

 

Ebro Puleva S.A.

 

27,119

 

24,172

 

Ercros S.A.*

 

4,592

 

980

 

Fluidra S.A.*

 

3,835

 

477

 

Grifols S.A.

 

8,640

 

887

 

Grupo Catalana Occidente S.A.

 

18,096

 

3,440

 

Grupo Empresarial Ence S.A.*

 

10,681

 

970

 

Indra Sistemas S.A.

 

22,175

 

16,489

 

La Seda de Barcelona S.A., Class B*

 

7,948

 

410

 

Laboratorios Almirall S.A.

 

5,144

 

8,489

 

NH Hoteles S.A.*

 

33,699

 

1,404

 

Obrascon Huarte Lain S.A.

 

33,819

 

104

 

Pescanova S.A.

 

3,583

 

5,884

 

Promotora de Informaciones S.A.*

 

32,075

 

246

 

Prosegur Cia de Seguridad S.A.

 

8,492

 

2,989

 

Realia Business S.A.*

 

6,611

 

1,990

 

Sol Melia S.A.

 

13,768

 

662

 

SOS Cuetara S.A.*

 

3,351

 

176

 

Tecnicas Reunidas S.A.

 

8,688

 

2,014

 

Tubos Reunidos S.A.

 

5,568

 

671

 

Uralita S.A.

 

3,986

 

2,488

 

Vocento S.A.*

 

13,369

 

 

 

 

 

452,661

 

 

 

Sweden—3.3%

 

 

 

483

 

AarhusKarlshamn AB

 

6,696

 

2,521

 

Alfa Laval AB

 

27,199

 

492

 

Axfood AB

 

12,021

 

4,259

 

Billerud AB*

 

24,144

 

424

 

Cardo AB

 

9,865

 

957

 

Castellum AB

 

6,995

 

19,178

 

Eniro AB*

 

64,231

 

4,410

 

Fabege AB

 

18,765

 

1,849

 

Getinge AB, Class B

 

27,410

 

803

 

Hakon Invest AB

 

8,487

 

1,668

 

Haldex AB*

 

12,077

 

2,704

 

Hexagon AB, Class B

 

29,136

 

992

 

Hufvudstaden AB, Class A

 

6,441

 

493

 

Intrum Justitia AB

 

5,041

 

2,003

 

JM AB*

 

16,634

 

2,375

 

Klovern AB

 

6,487

 

3,678

 

Kungsleden AB

 

19,588

 

2,275

 

Lindab International AB

 

18,971

 

2,611

 

Lundin Petroleum AB*

 

22,901

 

1,390

 

Meda AB, Class A

 

10,685

 

1,403

 

Modern Times Group AB, Class B

 

51,804

 

10,147

 

Niscayah Group AB

 

17,828

 

3,268

 

Nobia AB*

 

14,758

 

631

 

Oresund Investment AB

 

8,770

 

4,184

 

Peab AB

 

19,297

 

 



 

1,730

 

Ratos AB, Class B

 

$

41,081

 

1,395

 

Saab AB, Class B

 

15,701

 

1,306

 

Swedish Match AB

 

24,694

 

23,493

 

Trelleborg AB, Class B*

 

117,057

 

730

 

Wallenstam AB, Class B

 

8,818

 

 

 

 

 

673,582

 

 

 

Switzerland—3.6%

 

 

 

134

 

Actelion Ltd.*

 

7,340

 

734

 

AFG Arbonia-Forster Holding

 

12,140

 

40

 

Allreal Holding AG

 

4,832

 

643

 

Aryzta AG*

 

22,404

 

4

 

Athris Holding AG*

 

3,308

 

409

 

Bank Sarasin & Cie AG, Class B*

 

13,244

 

29

 

Banque Cantonale Vaudoise

 

10,158

 

19

 

Barry Callebaut AG

 

10,963

 

155

 

Basler Kantonalbank

 

16,763

 

627

 

BB Medtech AG

 

22,866

 

1

 

Bell Holding AG

 

1,510

 

221

 

Bobst Group AG*

 

6,930

 

170

 

Bucher Industries AG

 

18,433

 

262

 

Charles Voegele Holding AG

 

9,421

 

27

 

Cie Financiere Tradition S.A.

 

3,500

 

65

 

Daetwyler Holding AG

 

2,718

 

260

 

Dufry Group*

 

10,026

 

663

 

EFG International AG*

 

8,132

 

38

 

Emmi AG

 

3,813

 

181

 

EMS-Chemie Holding AG

 

18,970

 

27

 

Flughafen Zuerich AG

 

7,351

 

77

 

Forbo Holding AG

 

16,813

 

25

 

Galenica AG

 

7,433

 

242

 

Geberit AG

 

33,526

 

161

 

Georg Fischer AG

 

33,643

 

510

 

Implenia AG

 

13,647

 

39

 

Jelmoli Holding AG

 

14,368

 

38

 

Kaba Holding AG, Class B

 

7,355

 

548

 

Kudelski S.A.

 

10,275

 

41

 

Kuoni Reisen Holding AG, Class B

 

12,267

 

2

 

Lindt & Spruengli AG-Bearer

 

3,940

 

1,853

 

Logitech International S.A.*

 

30,991

 

228

 

Lonza Group AG

 

22,435

 

3

 

Metall Zug AG, Class B

 

6,425

 

2,493

 

Micronas Semiconductor Holding AG*

 

7,320

 

798

 

Nobel Biocare Holding AG

 

18,818

 

614

 

OC Oerlikon Corp. AG*

 

35,143

 

64

 

Partners Group Holding AG

 

6,690

 

334

 

PSP Swiss Property AG

 

17,611

 

158

 

PubliGroupe AG

 

11,744

 

184

 

Rieter Holding AG*

 

34,158

 

1

 

Romande Energie Holding S.A.

 

1,789

 

1,037

 

Schmolz + Bickenbach AG

 

35,217

 

357

 

Schweizerische National-Versicherungs-Gesellschaft AG

 

8,807

 

17

 

Sika AG

 

20,203

 

263

 

Sonova Holding AG

 

23,031

 

17

 

St. Galler Kantonalbank

 

6,255

 

23

 

Straumann Holding AG

 

5,003

 

421

 

Sulzer AG

 

27,578

 

162

 

Swiss Prime Site AG

 

7,714

 

80

 

Valora Holding AG

 

16,167

 

510

 

Vontobel Holding AG

 

16,159

 

 

 

 

 

727,347

 

 



 

 

 

Taiwan—0.0%

 

 

 

7,000

 

Uni-President China Holdings Ltd.

 

$

4,064

 

 

 

 

 

 

 

 

 

United Kingdom—14.6%

 

 

 

8,078

 

Aberdeen Asset Management PLC

 

16,673

 

1,060

 

Admiral Group PLC

 

16,809

 

2,099

 

Aggreko PLC

 

19,035

 

6,638

 

ARM Holdings PLC

 

13,894

 

3,852

 

Ashmore Group PLC

 

13,443

 

29,957

 

Ashtead Group PLC

 

30,916

 

1,497

 

Atkins WS PLC

 

15,784

 

507

 

Autonomy Corp. PLC*

 

9,876

 

1,778

 

Babcock International Group

 

13,876

 

18,272

 

BBA Aviation PLC

 

40,970

 

6,355

 

Beazley PLC

 

10,773

 

2,759

 

Bellway PLC

 

33,619

 

1,307

 

Berkeley Group Holdings PLC*

 

17,898

 

2,568

 

Big Yellow Group PLC REIT*

 

14,550

 

7,450

 

Bodycote PLC

 

17,631

 

2,900

 

Bovis Homes Group PLC

 

22,212

 

7,485

 

Brit Insurance Holdings PLC

 

25,904

 

4,505

 

Britvic PLC

 

25,468

 

33,324

 

Brixton PLC REIT

 

25,966

 

2,187

 

BSS Group PLC

 

9,409

 

4,930

 

Burberry Group PLC

 

37,597

 

379

 

Cairn Energy PLC*

 

15,055

 

2,440

 

Capita Group PLC (The)

 

27,001

 

6,485

 

Carillion PLC

 

27,980

 

1,063

 

Carpetright PLC

 

11,288

 

226,528

 

Cattles PLC

 

3,755

 

2,554

 

Charter International PLC

 

23,711

 

11,814

 

Chaucer Holdings PLC

 

8,226

 

3,018

 

Close Brothers Group PLC

 

34,598

 

867

 

CLS Holdings PLC*

 

4,348

 

8,011

 

Cobham PLC

 

23,786

 

7,138

 

Collins Stewart PLC

 

8,994

 

6,512

 

Computacenter PLC

 

23,751

 

10,497

 

Cookson Group PLC

 

54,166

 

1,228

 

Croda International PLC

 

11,767

 

3,007

 

CSR PLC*

 

21,287

 

110

 

Daejan Holdings PLC

 

3,583

 

4,801

 

Dairy Crest Group PLC

 

26,206

 

704

 

Dana Petroleum PLC*

 

16,025

 

5,422

 

Davis Service Group PLC

 

30,270

 

1,669

 

De La Rue PLC

 

23,035

 

57,757

 

Debenhams PLC

 

84,979

 

2,021

 

Derwent London PLC REIT

 

32,332

 

29,226

 

Dimension Data Holdings PLC

 

29,193

 

21,511

 

DS Smith PLC

 

26,746

 

11,576

 

Electrocomponents PLC

 

28,499

 

12,313

 

Elementis PLC

 

6,430

 

718

 

Euromoney Institutional Investor PLC

 

2,714

 

12,456

 

F&C Asset Management PLC

 

15,178

 

5,873

 

Fenner PLC

 

9,444

 

3,372

 

Ferrexpo PLC

 

7,938

 

4,732

 

Filtrona PLC

 

10,140

 

6,806

 

Findel PLC

 

3,977

 

675

 

Forth Ports PLC

 

11,023

 

48,503

 

Galiform PLC*

 

45,030

 

18,775

 

Galliford Try PLC

 

17,119

 

 



 

3,988

 

Game Group PLC

 

$

9,719

 

5,623

 

Gem Diamonds Ltd.*

 

18,341

 

1,201

 

Go-Ahead Group PLC

 

23,933

 

3,921

 

Grainger PLC

 

11,896

 

6,535

 

Great Portland Estates PLC REIT

 

25,189

 

5,359

 

Greene King PLC

 

37,559

 

1,368

 

Greggs PLC

 

8,930

 

3,249

 

Halfords Group PLC

 

18,745

 

4,036

 

Halma PLC

 

12,780

 

22,871

 

Hays PLC

 

36,116

 

2,435

 

Headlam Group PLC

 

10,415

 

4,624

 

Hiscox Ltd.

 

23,189

 

9,512

 

HMV Group PLC

 

17,189

 

638

 

Hochschild Mining PLC

 

2,639

 

613

 

Homeserve PLC

 

13,984

 

2,226

 

Hunting PLC

 

15,426

 

2,135

 

IG Group Holdings PLC

 

10,654

 

6,369

 

IMI PLC

 

35,900

 

9,765

 

Informa PLC

 

38,813

 

2,603

 

Inmarsat PLC

 

23,907

 

20,282

 

Intermediate Capital Group PLC

 

66,073

 

6,325

 

International Personal Finance

 

14,051

 

5,205

 

Interserve PLC

 

16,913

 

873

 

Intertek Group PLC

 

15,037

 

29,871

 

Invista Foundation Property Trust Ltd. REIT

 

16,837

 

1,449

 

Jardine Lloyd Thompson Group PLC

 

10,402

 

68,166

 

JJB Sports PLC *

 

30,795

 

4,395

 

John Wood Group PLC

 

19,454

 

161,949

 

Johnston Press PLC*

 

40,944

 

32,796

 

Kcom Group PLC

 

15,632

 

1,046

 

Keller Group PLC

 

11,098

 

1,053

 

Kier Group PLC

 

15,886

 

12,047

 

Laird PLC

 

34,800

 

5,546

 

Luminar Group Holdings PLC

 

13,792

 

10,572

 

Marshalls PLC

 

17,089

 

21,479

 

Marston’s PLC

 

33,027

 

4,001

 

Mcbride PLC

 

9,684

 

11,347

 

Meggitt PLC

 

33,987

 

5,909

 

Melrose PLC

 

11,290

 

2,746

 

Michael Page International PLC

 

13,737

 

2,137

 

Millennium & Copthorne Hotels PLC

 

9,902

 

7,377

 

Misys PLC*

 

22,167

 

4,167

 

Mitie Group

 

16,373

 

7,253

 

Morgan Crucible Co.

 

15,481

 

1,066

 

Morgan Sindall PLC

 

10,939

 

1,092

 

Mothercare PLC

 

9,595

 

2,457

 

N Brown Group PLC

 

9,450

 

20,869

 

Northern Foods PLC

 

21,278

 

419,288

 

Northgate PLC

 

86,891

 

5,286

 

Northumbrian Water Group PLC

 

20,463

 

17,427

 

Paragon Group of Cos. PLC

 

30,047

 

3,913

 

Pennon Group PLC

 

29,613

 

2,072

 

Peter Hambro Mining PLC

 

22,448

 

1,128

 

Petrofac Ltd.

 

14,035

 

6,365

 

Premier Farnell PLC

 

15,116

 

1,136

 

Premier Oil PLC*

 

23,297

 

2,098

 

Provident Financial PLC

 

28,069

 

2,005

 

PZ Cussons PLC

 

7,978

 

7,825

 

QinetiQ Group PLC

 

17,513

 

6,330

 

Redrow PLC*

 

20,096

 

9,231

 

Regus PLC

 

10,674

 

3,556

 

Restaurant Group PLC

 

9,418

 

 



 

698

 

Robert Wiseman Dairies PLC

 

$

4,744

 

1,894

 

Savills PLC

 

10,495

 

3,539

 

Serco Group PLC

 

23,674

 

3,300

 

Shaftesbury PLC REIT

 

18,081

 

17,404

 

Shanks Group PLC

 

22,217

 

44,503

 

SIG PLC

 

89,827

 

10,583

 

Smiths News PLC

 

20,177

 

4,818

 

Southern Cross Healthcare Ltd.*

 

10,764

 

1,762

 

Spectris PLC

 

16,271

 

35,959

 

Speedy Hire PLC

 

20,865

 

727

 

Spirax-Sarco Engineering PLC

 

11,064

 

9,370

 

Sports Direct International PLC

 

13,670

 

1,022

 

SSL International PLC

 

9,581

 

11,342

 

St. Ives Group PLC

 

8,791

 

2,020

 

St. James’s Place PLC

 

6,078

 

2,640

 

St. Modwen Properties PLC

 

8,874

 

11,074

 

Stagecoach Group PLC

 

24,876

 

5,259

 

Tullett Prebon PLC

 

30,951

 

1,918

 

Tullow Oil PLC

 

31,431

 

3,982

 

UK Coal PLC*

 

7,757

 

371

 

Ultra Electronics Holdings

 

7,012

 

1,784

 

Venture Production PLC

 

24,695

 

1,521

 

VT Group PLC

 

11,851

 

2,942

 

Weir Group PLC (The)

 

26,655

 

1,944

 

Wetherspoon (J.D.) PLC

 

14,567

 

2,774

 

WH Smith PLC

 

19,568

 

7,320

 

Wincanton PLC

 

22,693

 

206,912

 

Woolworths Group PLC *

 

 

46,281

 

Workspace Group PLC REIT

 

11,701

 

1,471

 

Xchanging PLC

 

4,682

 

7,343

 

Yule Catto & Co. PLC

 

14,000

 

 

 

 

 

2,996,184

 

 

 

United States—0.1%

 

 

 

366

 

Perrigo Co.

 

10,270

 

 

 

 

 

 

 

 

 

Total Common Stocks and Other Equity Interests
(Cost $21,275,866)

 

20,372,188

 

 

 

 

 

 

 

 

 

Preferred Stocks—0.3%

 

 

 

 

 

Germany—0.3%

 

 

 

85

 

Dyckerhoff AG

 

4,879

 

100

 

Fuchs Petrolub AG

 

6,072

 

744

 

Hugo Boss AG

 

20,284

 

1,518

 

Jungheinrich AG

 

21,608

 

847

 

Sixt AG

 

14,674

 

 

 

 

 

67,517

 

 

 

Hong Kong—0.0%

 

 

 

5,495

 

Fubon Bank Hong Kong Ltd.

 

 

 

 

 

 

 

 

 

 

Total Preferred Stocks
(Cost $90,010)

 

67,517

 

 

 

 

 

 

 

 

 

Rights—0.0%

 

 

 

 

 

United Kingdom—0.0%

 

 

 

1,848

 

Luminar Group Holdings PLC, expiring 08/17/09
(Cost $0)

 

1,685

 

 



 

 

 

Total Investments
(Cost $21,365,876)(a)—99.9%

 

$

20,441,390

 

 

 

Other assets less liabilities—0.1%

 

14,385

 

 

 

 

 

 

 

 

 

Net Assets—100.0%

 

$

20,455,775

 

 


 

 

REIT Real Estate Investment Trust

 

 

*

Non-income producing security.

 

 

 

 

 

 

(a)

At July 31, 2009, the aggregate cost of investments for Federal income tax purposes was $21,455,289. The net unrealized depreciation was $1,013,899, which consisted of aggregate gross unrealized appreciation of $2,360,528 and aggregate gross unrealized depreciation of $3,374,427.

 

 

 

 

 

 

 

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

 



 

 

 

Schedule of Investments

 

 

PowerShares FTSE RAFI Emerging Markets Portfolio

 

 

July 31, 2009 (Unaudited)

 

Number

 

 

 

 

 

of Shares

 

 

 

Value

 

 

 

Common Stocks and Other Equity Interests—99.5%

 

 

 

 

 

Argentina—0.1%

 

 

 

118,649

 

Petrobras Energia Participaciones S.A., Class B

 

$

83,306

 

 

 

 

 

 

 

 

 

Brazil—10.7%

 

 

 

128,217

 

Banco Bradesco S.A. ADR

 

2,021,982

 

4,314

 

Brasil Telecom Participacoes S.A. ADR

 

182,525

 

5,310

 

Brasil Telecom S.A. ADR

 

114,643

 

32,144

 

Braskem S.A. ADR *

 

287,689

 

26,323

 

Centrais Eletricas Brasileiras S.A. ADR

 

402,479

 

4,906

 

Cia Brasileira de Distribuicao Grupo Pao de Acucar, Class A ADR

 

229,601

 

7,550

 

Cia de Bebidas das Americas ADR

 

530,991

 

2,800

 

Cia de Saneamento Basico do Estado de Sao Paulo ADR

 

94,388

 

19,122

 

Cia Energetica de Minas Gerais S.A. ADR

 

273,062

 

15,696

 

Cia Paranaense de Energia ADR

 

243,602

 

18,163

 

Cia Siderurgica Nacional S.A. ADR

 

464,973

 

432

 

CPFL Energia S.A. ADR

 

22,719

 

16,000

 

Empresa Brasileira de Aeronautica S.A. ADR

 

311,840

 

112,673

 

Gerdau S.A. ADR

 

1,314,894

 

153,517

 

Itau Unibanco Banco Multiplo S.A. ADR

 

2,746,419

 

28,321

 

Petroleo Brasileiro S.A. ADR

 

1,167,958

 

81,310

 

Petroleo Brasileiro S.A. Sponsored ADR

 

2,740,147

 

30,834

 

Tele Norte Leste Participacoes S.A. ADR

 

474,535

 

3,817

 

Telecomunicacoes de Sao Paulo S.A. ADR

 

88,478

 

8,747

 

Tim Participacoes S.A. ADR

 

192,609

 

90,624

 

Vale S.A. ADR

 

1,788,011

 

5,519

 

Vivo Participacoes S.A. ADR

 

125,668

 

 

 

 

 

15,819,213

 

 

 

Chile—0.6%

 

 

 

2,221

 

Banco de Chile ADR

 

98,834

 

1,762

 

Banco Santander Chile ADR

 

86,532

 

4,725

 

Empresa Nacional de Electricidad S.A. ADR

 

232,943

 

19,456

 

Enersis S.A. ADR

 

373,360

 

 

 

 

 

791,669

 

 

 

China—22.1%

 

 

 

452,000

 

Air China Ltd., H-Shares *

 

291,611

 

720,000

 

Aluminum Corp. of China Ltd., H-Shares

 

837,982

 

216,000

 

Angang Steel Co. Ltd., H-Shares

 

489,968

 

5,662,000

 

Bank of China Ltd., H-Shares

 

2,820,024

 

293,000

 

Bank of Communications Co. Ltd., H-Shares

 

360,671

 

708,000

 

China Citic Bank, H-Shares

 

493,313

 

256,000

 

China Coal Energy Co., H-Shares

 

358,728

 

85,000

 

China Communications Construction Co. Ltd., H-Shares

 

110,335

 

910,000

 

China Construction Bank Corp., H-Shares

 

733,866

 

497,500

 

China COSCO Holdings Co. Ltd., H-Shares

 

718,962

 

331,000

 

China Life Insurance Co. Ltd., H-Shares

 

1,467,068

 

274,200

 

China Merchants Bank Co. Ltd., H-Shares

 

644,631

 

5,048,000

 

China Petroleum & Chemical Corp. (Sinopec), H-Shares

 

4,533,400

 

157,000

 

China Railway Construction Corp. Ltd., H-Shares

 

250,388

 

 



 

709,000

 

China Railway Group Ltd., H-Shares *

 

$

638,553

 

483,000

 

China Shenhua Energy Co. Ltd., H-Shares

 

1,972,497

 

1,077,000

 

China Shipping Container Lines Co. Ltd., H-Shares *

 

421,070

 

124,000

 

China Shipping Development Co. Ltd., H-Shares

 

187,839

 

812,000

 

China Southern Airlines Co. Ltd., H-Shares *

 

293,366

 

802,000

 

China Telecom Corp. Ltd., H-Shares

 

418,072

 

416,000

 

Datang International Power Generation Co. Ltd., H-Shares

 

273,216

 

106,000

 

Dongfeng Motor Group Co. Ltd., H-Shares

 

112,975

 

504,000

 

Huaneng Power International, Inc., H-Shares

 

397,345

 

3,682,000

 

Industrial & Commercial Bank of China, H-Shares

 

2,651,023

 

144,000

 

Jiangxi Copper Co. Ltd., H-Shares

 

332,220

 

530,000

 

Maanshan Iron & Steel Co. Ltd., H-Shares *

 

412,372

 

7,562,000

 

PetroChina Co. Ltd., H-Shares

 

8,986,526

 

108,000

 

PICC Property & Casualty Co. Ltd., H-Shares *

 

84,309

 

71,500

 

Ping An Insurance (Group) Co. of China Ltd., H-Shares

 

634,731

 

450,000

 

Shanghai Electric Group Co. Ltd., H-Shares

 

236,321

 

620,000

 

Sinopec Shanghai Petrochemical Co. Ltd., H-Shares *

 

284,798

 

210,000

 

Yanzhou Coal Mining Co. Ltd., H-Shares

 

326,243

 

 

 

 

 

32,774,423

 

 

 

Hungary—0.8%

 

 

 

68,823

 

Magyar Telekom Telecommunications PLC ADR

 

1,238,126

 

 

 

 

 

 

 

 

 

India—5.5%

 

 

 

13,049

 

HDFC Bank Ltd. ADR

 

1,275,801

 

83,795

 

ICICI Bank Ltd. ADR

 

2,626,973

 

37,111

 

Infosys Technologies Ltd. ADR

 

1,596,887

 

66,958

 

Sterlite Industries India Ltd. ADR

 

887,194

 

21,704

 

Tata Communications Ltd. ADR

 

442,328

 

89,884

 

Tata Motors Ltd. ADR

 

948,276

 

27,147

 

Wipro Ltd. ADR

 

394,174

 

 

 

 

 

8,171,633

 

 

 

Indonesia—1.0%

 

 

 

8,900

 

Indosat Tbk PT ADR

 

241,635

 

35,948

 

Telekomunikasi Indonesia Tbk PT ADR

 

1,269,683

 

 

 

 

 

1,511,318

 

 

 

Luxembourg—0.1%

 

 

 

11,293

 

Tenaris S.A.

 

170,961

 

 

 

 

 

 

 

 

 

Mexico—5.1%

 

 

 

54,600

 

Alfa SAB de CV, Class A

 

207,227

 

535,400

 

America Movil SAB de CV, Series L

 

1,150,286

 

80,300

 

Carso Global Telecom SAB de CV, Series A1 *

 

320,441

 

1,171,664

 

Cemex SAB de CV *

 

1,101,752

 

71,000

 

Coca-Cola Femsa SAB de CV, Series L

 

329,628

 

141,500

 

Fomento Economico Mexicano SAB de CV

 

544,859

 

14,000

 

Grupo Bimbo SAB de CV, Series A

 

78,056

 

35,200

 

Grupo Carso SAB de CV, Series A1

 

114,504

 

148,900

 

Grupo Financiero Banorte SAB de CV, Class O

 

368,680

 

18,300

 

Grupo Financiero Inbursa S.A., Class O

 

50,503

 

610,528

 

Grupo Mexico SAB de CV, Series B

 

868,306

 

110,200

 

Grupo Modelo SAB de CV, Series C *

 

430,671

 

73,900

 

Grupo Televisa S.A., Series CPO

 

266,948

 

19,900

 

Organizacion Soriana SAB de CV, Class B *

 

49,694

 

1,021,600

 

Telefonos de Mexico SAB de CV, Class L

 

812,257

 

814,900

 

Telmex Internacional SAB de CV, Class L

 

515,988

 

74,800

 

Wal-Mart de Mexico SAB de CV, Series V

 

254,751

 

 

 

 

 

7,464,551

 

 



 

 

 

Philippines—0.0%

 

 

 

1,192

 

Philippine Long Distance Telephone Co. ADR

 

$

62,783

 

 

 

 

 

 

 

 

 

Russia—7.7%

 

 

 

184,960

 

Gazprom OAO ADR

 

3,819,423

 

58,194

 

LUKOIL ADR

 

2,941,125

 

89,559

 

MMC Norilsk Nickel ADR *

 

898,277

 

10,226

 

Mobile Telesystems OJSC ADR

 

429,389

 

72,225

 

Rosneft Oil Co. GDR *

 

441,295

 

33,829

 

Severstal GDR

 

231,390

 

28,324

 

Sistema JSFC GDR *

 

424,294

 

134,188

 

Surgutneftegaz ADR

 

1,043,983

 

33,913

 

Tatneft ADR

 

844,434

 

2,572

 

Unified Energy System OAO GDR *

 

1,265

 

134,027

 

VTB Bank OJSC GDR

 

364,553

 

 

 

 

 

11,439,428

 

 

 

South Africa—6.1%

 

 

 

16,557

 

ABSA Group Ltd.

 

248,179

 

4,833

 

AngloGold Ashanti Ltd.

 

182,496

 

3,562

 

Anglo Platinum Ltd.

 

251,965

 

82,412

 

Apexhi Properties Ltd., Class A

 

156,962

 

82,412

 

Apexhi Properties Ltd., Class B

 

191,866

 

13,239

 

ArcelorMittal South Africa Ltd.

 

168,888

 

40,568

 

Aveng Ltd.

 

191,483

 

53,074

 

Barloworld Ltd.

 

308,062

 

27,767

 

Bidvest Group Ltd.

 

380,751

 

272,784

 

FirstRand Ltd.

 

527,897

 

18,121

 

Gold Fields Ltd.

 

213,714

 

31,831

 

Impala Platinum Holdings Ltd.

 

763,362

 

33,963

 

Imperial Holdings Ltd.

 

294,662

 

22,979

 

Investec Ltd.

 

162,107

 

103,286

 

Mondi Ltd.

 

471,704

 

39,047

 

MTN Group Ltd.

 

637,592

 

8,609

 

Naspers Ltd., Class N

 

254,243

 

15,926

 

Nedbank Group Ltd.

 

217,489

 

32,258

 

Remgro Ltd.

 

331,020

 

45,584

 

RMB Holdings Ltd.

 

146,831

 

179,843

 

Sanlam Ltd.

 

453,800

 

65,478

 

Sappi Ltd.

 

208,824

 

20,867

 

Sasol Ltd.

 

740,031

 

77,050

 

Standard Bank Group Ltd.

 

917,850

 

120,717

 

Steinhoff International Holdings Ltd.

 

237,156

 

24,989

 

Telkom S.A. Ltd.

 

123,209

 

41,908

 

Vodacom Group (Pty) Ltd. *

 

313,819

 

 

 

 

 

9,095,962

 

 

 

South Korea—27.3%

 

 

 

568,443

 

Korea Electric Power Corp. ADR *

 

7,600,083

 

192,513

 

KT Corp. ADR

 

3,091,759

 

253,081

 

LG Display Co. Ltd. ADR

 

3,657,020

 

147,252

 

POSCO ADR

 

14,882,760

 

126,500

 

Shinhan Financial Group Co. Ltd. ADR

 

8,510,920

 

164,631

 

SK Telecom Co. Ltd. ADR

 

2,770,740

 

 

 

 

 

40,513,282

 

 



 

 

 

Taiwan—9.9%

 

 

 

324,641

 

Advanced Semiconductor Engineering, Inc. ADR

 

$

1,142,736

 

166,917

 

AU Optronics Corp. ADR

 

1,859,455

 

153,908

 

Chunghwa Telecom Co. Ltd. ADR

 

2,687,234

 

121,043

 

Siliconware Precision Industries Co. ADR

 

820,672

 

534,048

 

Taiwan Semiconductor Manufacturing Co. Ltd. ADR

 

5,591,483

 

763,957

 

United Microelectronics Corp. ADR

 

2,597,454

 

 

 

 

 

14,699,034

 

 

 

Thailand—1.1%

 

 

 

32,400

 

Advanced Info. Service PCL

 

82,357

 

39,900

 

Bangkok Bank PCL

 

131,906

 

1,232,300

 

IRPC PCL

 

123,846

 

48,100

 

Kasikornbank PCL

 

113,077

 

278,900

 

Krung Thai Bank PCL

 

68,844

 

452,600

 

PTT Aromatics & Refining PCL

 

260,681

 

42,400

 

PTT Chemical PCL

 

74,758

 

31,700

 

PTT Exploration & Production PCL

 

128,551

 

50,800

 

PTT PCL

 

356,779

 

24,700

 

Siam Cement PCL

 

133,915

 

39,800

 

Siam Commercial Bank PCL

 

90,348

 

83,500

 

Thai Oil PCL

 

92,014

 

 

 

 

 

1,657,076

 

 

 

Turkey—1.4%

 

 

 

134,777

 

Turkcell Iletism Hizmet AS ADR

 

2,126,781

 

 

 

 

 

 

 

 

 

Total Common Stocks and Other Equity Interests

 

 

 

 

 

(Cost $124,145,310)

 

147,619,546

 

 

 

 

 

 

 

 

 

Money Market Fund—0.0%

 

 

 

40,704

 

Goldman Sachs Financial Square Prime Obligations Institutional Share Class

 

 

 

 

 

(Cost $40,704)

 

40,704

 

 

 

 

 

 

 

 

 

Total Investments

 

 

 

 

 

(Cost $124,186,014)(a)—99.5%

 

147,660,250

 

 

 

Other assets less liabilities—0.5%

 

734,217

 

 

 

 

 

 

 

 

 

Net Assets—100.0%

 

$

148,394,467

 

 


ADR American Depositary Receipt

GDR Global Depositary Receipt

 

* Non-income producing security.

 

(a)                                  At July 31, 2009, the aggregate cost of investment for Federal tax purposes was $127,012,361. The net unrealized appreciation was $20,647,889 which consisted of aggregate gross unrealized appreciation of $25,940,201 and aggregate gross unrealized depreciation of $5,292,312.

 

The valuation policy and listing of other significant accounting policies are available in the most recent shareholder report.

 


 


 

 

 

Schedule of Investments

 

 

PowerShares FTSE RAFI Europe Portfolio

 

 

July 31, 2009 (Unaudited)

 

Number

 

 

 

 

 

of Shares

 

 

 

Value

 

 

 

Common Stocks and Other Equity Interests—99.0%

 

 

 

 

 

Austria—0.8%

 

 

 

478

 

Erste Group Bank AG

 

$

16,597

 

1,713

 

Immoeast AG *

 

4,711

 

2,069

 

Immofinanz Immobilien Anlagen AG *

 

4,312

 

19

 

Oesterreichische Elektrizitaetswirtschafts AG, Class A

 

921

 

20

 

Oesterreichische Post AG

 

610

 

154

 

OMV AG

 

6,081

 

63

 

Raiffeisen International Bank Holding AG

 

2,797

 

66

 

Strabag SE

 

1,598

 

243

 

Telekom Austria AG

 

3,690

 

23

 

Uniqa Versicherungen AG

 

437

 

28

 

Vienna Insurance Group

 

1,286

 

260

 

Voestalpine AG

 

7,177

 

219

 

Wienerberger AG *

 

3,630

 

 

 

 

 

53,847

 

 

 

Belgium—2.4%

 

 

 

632

 

Agfa Gevaert N.V.*

 

1,944

 

208

 

Anheuser - Busch InBev N.V.

 

8,232

 

83

 

Belgacom S.A.

 

2,957

 

4

 

Colruyt S.A.

 

890

 

87

 

Delhaize Group S.A.

 

6,188

 

3,072

 

Dexia S.A. *

 

24,002

 

6

 

D’ieteren S.A.

 

1,289

 

18,662

 

Fortis *

 

72,231

 

650

 

Fortis Strip VVPR *

 

1

 

60

 

Groupe Bruxelles Lambert S.A.

 

4,736

 

84

 

KBC Ancora *

 

957

 

711

 

KBC Groep N.V. *

 

15,080

 

9

 

Mobistar S.A.

 

571

 

23

 

Nationale A Portefeuille

 

1,183

 

13

 

Sofina S.A.

 

1,115

 

43

 

Solvay S.A.

 

4,193

 

77

 

UCB S.A.

 

2,533

 

136

 

Umicore

 

3,532

 

 

 

 

 

151,634

 

 

 

Bermuda—0.0%

 

 

 

50

 

Frontline Ltd.

 

1,151

 

100

 

Seadrill Ltd.

 

1,599

 

 

 

 

 

2,750

 

 

 

Denmark—1.1%

 

 

 

1

 

A P Moller - Maersk A/S, Class A

 

6,017

 

1

 

A P Moller - Maersk A/S, Class B

 

6,189

 

76

 

Carlsberg A/S, Class B

 

5,246

 

42

 

Danisco A/S

 

2,043

 

1,853

 

Danske Bank A/S *

 

38,370

 

 



 

110

 

Novo Nordisk A/S, Class B

 

$

6,441

 

16

 

TrygVesta A/S

 

1,072

 

35

 

Vestas Wind Systems A/S *

 

2,452

 

 

 

 

 

67,830

 

 

 

Finland—1.7%

 

 

 

148

 

Elisa Oyj

 

2,700

 

249

 

Fortum Oyj

 

5,737

 

137

 

Kesko Oyj, Class B

 

3,593

 

66

 

Kone Oyj, Class B

 

2,234

 

266

 

Metso Oyj

 

5,578

 

3,687

 

M-real Oyj, Class B *

 

3,032

 

167

 

Neste Oil Oyj

 

2,349

 

2,658

 

Nokia Oyj

 

35,197

 

175

 

Outokumpu Oyj

 

3,411

 

258

 

Pohjola Bank PLC

 

2,670

 

117

 

Rautaruukki Oyj

 

2,518

 

513

 

Sampo Oyj, Class A

 

10,655

 

52

 

Sanoma Oyj

 

888

 

1,702

 

Stora Enso Oyj, Class R

 

10,762

 

896

 

UPM-Kymmene Oyj

 

9,337

 

77

 

Wartsila Oyj

 

2,740

 

215

 

YIT Oyj

 

2,807

 

 

 

 

 

106,208

 

 

 

France—14.5%

 

 

 

101

 

Accor S.A.

 

4,289

 

14

 

Aeroports de Paris

 

1,124

 

449

 

Air France-KLM *

 

5,622

 

107

 

Air Liquide S.A.

 

11,113

 

5,461

 

Alcatel-Lucent *

 

15,021

 

92

 

Alstom S.A.

 

6,283

 

152

 

Arkema S.A.

 

4,336

 

73

 

Atos Origin S.A. *

 

3,310

 

4,594

 

AXA S.A.

 

96,589

 

1,299

 

BNP Paribas

 

94,201

 

8

 

Bollore

 

1,208

 

256

 

Bouygues S.A.

 

10,847

 

110

 

Cap Gemini S.A.

 

5,052

 

679

 

Carrefour S.A.

 

31,704

 

42

 

Casino Guichard Perrachon S.A.

 

2,879

 

64

 

Christian Dior S.A.

 

5,526

 

58

 

Cie Generale d’Optique Essilor International S.A.

 

3,199

 

150

 

Cie Generale de Geophysique-Veritas *

 

3,024

 

11

 

Ciments Francais S.A.

 

1,069

 

56

 

CNP Assurances

 

5,090

 

730

 

Compagnie de Saint-Gobain

 

29,445

 

160

 

Compagnie Generale des Etablissements Michelin, Class B

 

11,492

 

1,238

 

Credit Agricole S.A.

 

17,578

 

71

 

Eiffage S.A.

 

4,708

 

134

 

Electricite de France

 

6,607

 

4

 

Eramet

 

1,119

 

6

 

Esso S.A. Francaise

 

700

 

22

 

Euler Hermes S.A.

 

1,294

 

56

 

Eurazeo

 

2,532

 

33

 

Eutelsat Communications *

 

917

 

273

 

Faurecia *

 

3,338

 

30

 

Fonciere Des Regions REIT

 

2,616

 

1,495

 

France Telecom S.A.

 

37,113

 

380

 

GDF Suez

 

14,441

 

 



 

25

 

Gecina S.A. REIT

 

$

2,047

 

228

 

Groupe Danone S.A.

 

12,169

 

13

 

Hermes International

 

1,944

 

30

 

Imerys S.A.

 

1,589

 

41

 

JC Decaux S.A. *

 

837

 

38

 

Klepierre REIT

 

1,081

 

282

 

Lafarge S.A.

 

20,261

 

146

 

Lagardere S.C.A

 

5,424

 

68

 

Legrand S.A.

 

1,655

 

95

 

L’Oreal S.A.

 

8,190

 

143

 

LVMH Moet Hennessy Louis Vuitton S.A.

 

12,831

 

73

 

M6-Metropole Television

 

1,451

 

2,171

 

Natixis *

 

5,623

 

48

 

Nexans S.A.

 

3,213

 

40

 

Nexity

 

1,371

 

80

 

PagesJaunes Groupe

 

859

 

107

 

Pernod-Ricard S.A.

 

8,271

 

117

 

PPR

 

12,971

 

838

 

PSA Peugeot S.A. *

 

25,282

 

76

 

Publicis Groupe

 

2,687

 

120

 

Rallye S.A.

 

3,505

 

992

 

Renault S.A. *

 

42,080

 

185

 

Rexel S.A. *

 

2,020

 

393

 

Rhodia S.A. *

 

4,262

 

10

 

Sa des Ciments Vicat

 

636

 

170

 

Safran S.A.

 

2,615

 

482

 

Sanofi-Aventis S.A.

 

31,407

 

150

 

Schneider Electric S.A.

 

13,555

 

113

 

SCOR SE

 

2,699

 

119

 

Sequana *

 

982

 

5

 

Societe des Autoroutes Paris-Rhin-Rhone *

 

358

 

15

 

Societe Fonciere Financiere et de Participations

 

849

 

834

 

Societe Generale

 

53,267

 

185

 

Societe Television Francaise 1

 

2,851

 

69

 

Sodexo

 

3,614

 

880

 

STMicroelectronics N.V.

 

6,686

 

320

 

Suez Environnement Co.

 

6,066

 

77

 

Technip S.A.

 

4,631

 

46

 

Thales S.A.

 

1,934

 

2,235

 

Thomson S.A.*

 

2,953

 

1,586

 

Total S.A.

 

87,491

 

49

 

Unibail-Rodamco SE REIT

 

8,517

 

269

 

Valeo S.A. *

 

7,094

 

42

 

Vallourec S.A.

 

5,496

 

523

 

Veolia Environnement

 

17,892

 

330

 

Vinci S.A.

 

16,707

 

837

 

Vivendi

 

21,389

 

41

 

Wendel

 

1,627

 

 

 

 

 

928,325

 

 

 

Germany—12.9%

 

 

 

116

 

Adidas AG

 

4,876

 

682

 

Allianz SE

 

66,910

 

1,113

 

Arcandor AG *

 

679

 

5

 

Axel Springer AG

 

454

 

928

 

BASF SE

 

46,260

 

340

 

Bayer AG

 

20,756

 

513

 

Bayerische Motoren Werke AG

 

23,587

 

39

 

BayWa AG

 

1,156

 

19

 

Beiersdorf AG

 

952

 

39

 

Bilfinger Berger AG

 

2,035

 

 



 

130

 

Celesio AG

 

$

3,445

 

4,282

 

Commerzbank AG *

 

33,389

 

2,470

 

Daimler AG

 

113,704

 

1,485

 

Deutsche Bank AG

 

95,563

 

64

 

Deutsche Boerse AG

 

5,045

 

394

 

Deutsche Lufthansa AG

 

5,295

 

1,527

 

Deutsche Post AG

 

24,041

 

179

 

Deutsche Postbank AG *

 

4,918

 

3,256

 

Deutsche Telekom AG

 

41,500

 

1,730

 

E.ON AG

 

65,144

 

24

 

Fraport AG

 

1,095

 

67

 

Fresenius Medical Care AG & Co. KGaA

 

3,061

 

9

 

Fresenius SE

 

440

 

135

 

GEA Group AG

 

2,199

 

10

 

Generali Deutschland Holding AG

 

823

 

49

 

Hannover Rueckversicherung AG *

 

1,983

 

42

 

HeidelbergCement AG

 

1,822

 

283

 

Heidelberger Druckmaschinen AG *

 

2,078

 

53

 

Henkel AG & Co. KGaA

 

1,659

 

96

 

Hochtief AG

 

5,733

 

1,808

 

Hypo Real Estate Holding AG *

 

3,819

 

8,426

 

Infineon Technologies AG *

 

34,524

 

28

 

K+S AG

 

1,563

 

57

 

Kloeckner & Co. SE *

 

1,459

 

153

 

Lanxess AG

 

4,429

 

75

 

Linde AG

 

7,041

 

131

 

MAN SE

 

9,008

 

69

 

Merck KGaA

 

6,387

 

260

 

Metro AG

 

14,977

 

181

 

Muenchener Rueckversicherungs AG

 

27,224

 

12

 

Rheinmetall AG

 

581

 

269

 

RWE AG

 

22,595

 

43

 

Salzgitter AG

 

4,338

 

194

 

SAP AG

 

9,076

 

617

 

Siemens AG

 

48,987

 

54

 

Suedzucker AG

 

1,128

 

725

 

ThyssenKrupp AG

 

22,202

 

115

 

Tognum AG

 

1,595

 

978

 

TUI AG *

 

6,267

 

39

 

Volkswagen AG

 

13,948

 

10

 

Wacker Chemie AG

 

1,328

 

 

 

 

 

823,078

 

 

 

Greece—0.8%

 

 

 

675

 

Alpha Bank A.E. *

 

8,852

 

92

 

Coca Cola Hellenic Bottling Co. S.A.

 

2,087

 

593

 

EFG Eurobank Ergasias S.A. *

 

7,726

 

146

 

Hellenic Petroleum S.A.

 

1,507

 

244

 

Hellenic Telecommunications Organization S.A.

 

3,805

 

391

 

Marfin Investment Group S.A.

 

1,630

 

611

 

National Bank of Greece S.A. *

 

17,741

 

100

 

OPAP S.A.

 

2,389

 

494

 

Piraeus Bank S.A. *

 

5,841

 

121

 

Public Power Corp. S.A. *

 

2,625

 

 

 

 

 

54,203

 

 

 

Guernsey—0.1%

 

 

 

3,092

 

HSBC Infrastructure Co. Ltd.

 

5,536

 

 



 

 

 

Ireland—2.5%

 

 

 

16,996

 

Allied Irish Banks PLC

 

$

42,409

 

468

 

Anglo Irish Bank Corp. Ltd. *

 

 

471

 

CRH PLC

 

11,185

 

28,920

 

Governor & Co. of the Bank of Ireland *

 

82,003

 

3,748

 

Irish Life & Permanent PLC

 

18,290

 

57

 

Kerry Group PLC, Class A

 

1,343

 

260

 

Ryanair Holdings PLC *

 

1,143

 

763

 

Smurfit Kappa Group PLC

 

4,435

 

 

 

 

 

160,808

 

 

 

Italy—7.2%

 

 

 

943

 

A2A SpA

 

1,709

 

489

 

Alleanza Assicurazioni SpA

 

3,657

 

1,584

 

Assicurazioni Generali SpA

 

35,909

 

253

 

Atlantia SpA

 

5,552

 

168

 

Autogrill SpA *

 

1,621

 

323

 

Banca Carige SpA

 

915

 

2,929

 

Banca Monte dei Paschi di Siena SpA

 

5,461

 

611

 

Banca Popolare di Milano Scarl

 

3,679

 

2,015

 

Banco Popolare Societa Cooperativa *

 

16,198

 

83

 

Benetton Group SpA

 

704

 

115

 

Buzzi Unicem SpA

 

1,714

 

815

 

Compagnie Industriali Riunite SpA

 

1,537

 

643

 

Edison SpA

 

914

 

7,996

 

Enel SpA

 

43,220

 

2,282

 

Eni SpA

 

52,833

 

85

 

ERG SpA

 

1,252

 

229

 

Exor SpA

 

3,838

 

2,315

 

Fiat SpA *

 

25,535

 

303

 

Finmeccanica SpA

 

4,571

 

219

 

Fondiaria - Sai SpA

 

3,648

 

132

 

Fondiaria - Sai SpA Rnc

 

1,321

 

385

 

Hera SpA

 

944

 

10,678

 

Intesa Sanpaolo SpA *

 

39,550

 

109

 

Italcementi SpA

 

1,418

 

262

 

Italcementi SpA Rnc

 

1,816

 

13

 

Italmobiliare SpA *

 

440

 

111

 

Italmobiliare SpA Rnc *

 

2,623

 

40

 

Lottomatica SpA

 

842

 

66

 

Luxottica Group SpA *

 

1,643

 

906

 

Mediaset SpA

 

5,449

 

328

 

Mediobanca SpA

 

4,580

 

158

 

Mediolanum SpA

 

898

 

418

 

Milano Assicurazioni SpA

 

1,416

 

1,271

 

Parmalat SpA

 

3,159

 

9,327

 

Pirelli & C. SpA *

 

3,868

 

990

 

Premafin Finanziaria SpA *

 

1,376

 

139

 

Prysmian SpA

 

2,379

 

139

 

Saipem SpA

 

3,744

 

360

 

Saras SpA

 

1,001

 

685

 

Snam Rete Gas SpA

 

2,984

 

64

 

Societa Cattolica di Assicurazoni Scrl *

 

2,116

 

16,966

 

Telecom Italia Media SpA *

 

2,949

 

20,802

 

Telecom Italia SpA

 

32,382

 

8,996

 

Telecom Italia SpA Rnc

 

10,082

 

646

 

Terna Rete Elettrica Nazionale SpA

 

2,264

 

36,495

 

UniCredit SpA *

 

106,326

 

640

 

Unione di Banche Italiane ScpA

 

8,906

 

 


 


 

1,501

 

Unipol Gruppo Finanziario SpA *

 

$

1,868

 

 

 

 

 

462,811

 

 

 

Luxembourg—0.7%

 

 

 

1,075

 

ArcelorMittal

 

38,483

 

10

 

RTL Group S.A.

 

473

 

129

 

SES S.A.

 

2,535

 

 

 

 

 

41,491

 

 

 

Netherlands—6.2%

 

 

 

4,220

 

Aegon N.V.

 

30,860

 

205

 

Akzo Nobel N.V.

 

11,188

 

149

 

ASML Holding N.V.

 

3,881

 

61

 

Corio N.V. REIT

 

3,362

 

370

 

European Aeronautic Defence and Space Co. N.V.

 

7,019

 

109

 

Heineken Holding N.V.

 

3,732

 

121

 

Heineken N.V.

 

4,805

 

6

 

Hunter Douglas N.V.

 

206

 

18,361

 

ING Groep N.V. CVA

 

234,229

 

738

 

Koninklijke Ahold N.V.

 

8,348

 

214

 

Koninklijke BAM Groep N.V.

 

1,863

 

210

 

Koninklijke DSM N.V.

 

7,467

 

928

 

Koninklijke KPN N.V.

 

13,874

 

547

 

Koninklijke Philips Electronics N.V.

 

12,408

 

118

 

Randstad Holding N.V. *

 

4,065

 

139

 

Reed Elsevier N.V.

 

1,449

 

373

 

SNS Reaal

 

2,131

 

336

 

TNT N.V.

 

7,939

 

1,294

 

Unilever N.V. CVA

 

35,169

 

151

 

Wolters Kluwer N.V.

 

2,954

 

 

 

 

 

396,949

 

 

 

Norway—1.1%

 

 

 

40

 

Aker ASA, Class A

 

874

 

129

 

Aker Solutions ASA

 

1,102

 

1,297

 

DnB NOR ASA *

 

11,238

 

50

 

Hafslund ASA, Class B

 

560

 

3,030

 

Norsk Hydro ASA *

 

17,720

 

1,078

 

Norske Skogindustrier ASA *

 

1,702

 

598

 

Orkla ASA, Class A

 

4,715

 

790

 

StatoilHydro ASA

 

16,812

 

459

 

Storebrand ASA *

 

2,479

 

747

 

Telenor ASA *

 

6,861

 

93

 

Yara International ASA

 

2,870

 

 

 

 

 

66,933

 

 

 

Portugal—0.4%

 

 

 

380

 

Banco BPI S.A.

 

1,024

 

3,454

 

Banco Comercial Portugues S.A., Class R

 

3,677

 

195

 

Banco Espirito Santo S.A.

 

1,211

 

224

 

Brisa Auto-Estradas de Portugal S.A.

 

1,846

 

144

 

Cimpor Cimentos de Portugal SGPS S.A.

 

1,090

 

1,645

 

Energias de Portugal S.A.

 

6,491

 

131

 

Galp Energia SGPS S.A., Class B

 

1,705

 

133

 

Jeronimo Martins SGPS S.A.

 

928

 

692

 

Portugal Telecom SGPS S.A.

 

6,974

 

128

 

Redes Energeticas Nacionais S.A.

 

520

 

 



 

1,637

 

Sonae

 

$

1,710

 

 

 

 

 

27,176

 

 

 

Spain—5.3%

 

 

 

149

 

Abertis Infraestructuras S.A.

 

3,069

 

15

 

Acciona S.A.

 

1,802

 

204

 

Acerinox S.A.

 

4,026

 

127

 

Actividades de Construccion y Servicios S.A.

 

6,733

 

3,854

 

Banco Bilbao Vizcaya Argentaria S.A.

 

62,945

 

920

 

Banco de Sabadell S.A.

 

6,104

 

81

 

Banco Espanol de Credito S.A.

 

1,004

 

957

 

Banco Popular Espanol S.A.

 

8,595

 

7,205

 

Banco Santander S.A.

 

103,783

 

11

 

Cia Espanola de Petroleos S.A.

 

426

 

784

 

Criteria Caixacorp S.A.

 

3,751

 

62

 

Enagas

 

1,220

 

64

 

Fomento de Construcciones y Contratas S.A.

 

2,554

 

73

 

Gamesa Corp. Tecnologica S.A.

 

1,571

 

323

 

Gas Natural SDG S.A.

 

6,013

 

108

 

Gestevision Telecinco S.A.

 

1,225

 

102

 

Grupo Ferrovial S.A.

 

3,485

 

245

 

Iberdrola Renovables S.A.

 

1,125

 

2,561

 

Iberdrola S.A.

 

21,858

 

1,741

 

Iberia Lineas Aereas de Espana S.A. *

 

3,866

 

61

 

Inditex S.A.

 

3,264

 

2,361

 

Inmobiliaria Colonial S.A. *

 

439

 

653

 

Mapfre S.A.

 

2,426

 

15

 

Red Electrica Corporacion S.A.

 

701

 

1,518

 

Repsol YPF S.A.

 

35,058

 

167

 

Sacyr Vallehermoso S.A.

 

2,661

 

1,975

 

Telefonica S.A.

 

48,875

 

 

 

 

 

338,579

 

 

 

Sweden—4.2%

 

 

 

241

 

Assa Abloy AB, Class B

 

3,937

 

254

 

Atlas Copco AB, Class A

 

2,998

 

210

 

Atlas Copco AB, Class B

 

2,205

 

628

 

Boliden AB

 

6,702

 

605

 

Electrolux AB, Series B *

 

11,210

 

100

 

Hennes & Mauritz AB, Class B

 

5,889

 

114

 

Holmen AB, Class B

 

3,106

 

177

 

Husqvarna AB, Class A *

 

1,033

 

518

 

Husqvarna AB, Class B *

 

3,235

 

380

 

Industrivarden AB, Class A

 

4,016

 

166

 

Industrivarden AB, Class C

 

1,595

 

551

 

Investor AB, Class B

 

9,719

 

271

 

Kinnevik Investment AB, Class B

 

3,608

 

27

 

Lundbergforetagen AB, Class B

 

1,138

 

390

 

NCC AB, Class B

 

3,961

 

4,459

 

Nordea Bank AB

 

42,845

 

971

 

Sandvik AB

 

9,163

 

6,324

 

SAS AB *

 

3,168

 

654

 

Scania AB, Class B

 

7,586

 

352

 

Securitas AB, Class B

 

3,286

 

4,859

 

Skandinaviska Enskilda Banken AB, Class A *

 

26,878

 

690

 

Skanska AB, Class B

 

9,590

 

404

 

SKF AB, Class B

 

6,003

 

266

 

SSAB, Class A

 

3,450

 

91

 

SSAB , Class B

 

1,077

 

 



 

1,039

 

Svenska Cellulosa AB, Class B

 

$

13,229

 

533

 

Svenska Handelsbanken AB, Class A

 

12,913

 

1,518

 

Swedbank AB, Class A

 

11,616

 

368

 

Tele2 AB, Class B

 

4,905

 

1,594

 

Telefonaktiebolaget LM Ericsson, Class B

 

15,491

 

1,514

 

TeliaSonera AB

 

9,622

 

1,016

 

Volvo AB, Class A

 

7,147

 

2,083

 

Volvo AB, Class B

 

15,082

 

 

 

 

 

267,403

 

 

 

Switzerland—6.2%

 

 

 

610

 

ABB Ltd.

 

11,063

 

138

 

Adecco S.A.

 

6,603

 

45

 

Baloise Holding AG

 

3,562

 

5

 

BKW FMB Energie AG

 

384

 

632

 

Clariant AG *

 

4,698

 

381

 

Compagnie Financiere Richemont S.A.

 

9,296

 

1,172

 

Credit Suisse Group AG

 

54,993

 

2

 

Givaudan S.A.

 

1,328

 

6

 

Helvetia Holding AG

 

1,660

 

260

 

Holcim Ltd. *

 

15,678

 

91

 

Julius Baer Holding AG

 

4,304

 

24

 

Kuehne & Nagel International AG

 

1,985

 

1,174

 

Nestle S.A.

 

47,974

 

864

 

Novartis AG

 

39,288

 

26

 

Panalpina Welttransport Holding AG

 

1,981

 

40

 

Pargesa Holding S.A.

 

2,916

 

154

 

Petroplus Holdings AG *

 

2,427

 

199

 

Roche Holding AG

 

31,156

 

10

 

Schindler Holding AG

 

641

 

7

 

Schindler Holding AG Participant Certificates

 

449

 

1

 

SGS S.A.

 

1,173

 

13

 

Swatch Group AG-Bearer

 

2,359

 

30

 

Swatch Group AG-Registered

 

1,105

 

149

 

Swiss Life Holding AG

 

14,827

 

1,188

 

Swiss Reinsurance

 

45,257

 

9

 

Swisscom AG

 

2,933

 

20

 

Syngenta AG

 

4,583

 

7

 

Synthes, Inc.

 

781

 

3,470

 

UBS AG *

 

50,330

 

164

 

Zurich Financial Services AG

 

32,000

 

 

 

 

 

397,734

 

 

 

United Kingdom—30.9%

 

 

 

2,942

 

3i Group PLC

 

13,352

 

1,329

 

Aegis Group PLC

 

1,818

 

206

 

AMEC PLC

 

2,408

 

274

 

Amlin PLC

 

1,510

 

1,169

 

Anglo American PLC

 

37,404

 

253

 

Antofagasta PLC

 

3,175

 

211

 

Arriva PLC

 

1,517

 

292

 

Associated British Foods PLC

 

3,853

 

680

 

AstraZeneca PLC

 

31,599

 

5,904

 

Aviva PLC

 

34,331

 

1,665

 

BAE Systems PLC

 

8,474

 

366

 

Balfour Beatty PLC

 

1,855

 

36,793

 

Barclays PLC

 

184,396

 

2,458

 

Barratt Developments PLC *

 

8,089

 

627

 

BG Group PLC

 

10,384

 

2,082

 

BHP Billiton PLC

 

53,949

 

 



 

15,864

 

BP PLC

 

$

130,764

 

1,518

 

Bradford & Bingley PLC *

 

 

1,422

 

British Airways PLC *

 

3,357

 

644

 

British American Tobacco PLC

 

19,837

 

1,110

 

British Land Co. PLC REIT

 

8,005

 

424

 

British Sky Broadcasting Group PLC

 

3,838

 

16,335

 

BT Group PLC

 

34,298

 

198

 

Bunzl PLC

 

1,700

 

1,537

 

Cable & Wireless PLC

 

3,674

 

924

 

Cadbury PLC

 

9,053

 

617

 

Carnival PLC

 

17,838

 

419

 

Carphone Warehouse Group PLC

 

1,247

 

2,470

 

Centrica PLC

 

9,019

 

1,337

 

Compass Group PLC

 

7,148

 

329

 

Daily Mail & General Trust PLC, Class A

 

1,636

 

1,054

 

Diageo PLC

 

16,390

 

25,375

 

DSG International PLC

 

11,569

 

249

 

easyJet PLC *

 

1,248

 

2,942

 

Enterprise Inns PLC

 

6,950

 

231

 

Eurasian Natural Resources Corp.

 

3,307

 

373

 

Experian PLC

 

3,055

 

536

 

Firstgroup PLC

 

2,946

 

4,065

 

Friends Provident Group PLC

 

4,728

 

756

 

G4S PLC

 

2,676

 

4,591

 

GKN PLC

 

7,820

 

2,439

 

GlaxoSmithKline PLC

 

46,460

 

742

 

Hammerson PLC REIT

 

4,241

 

1,323

 

Henderson Group PLC

 

2,308

 

1,436

 

Home Retail Group PLC

 

7,475

 

18,018

 

HSBC Holdings PLC

 

180,944

 

313

 

ICAP PLC

 

2,356

 

369

 

Imperial Tobacco Group PLC

 

10,467

 

31,519

 

Inchcape PLC

 

14,370

 

407

 

InterContinental Hotels Group PLC

 

4,582

 

832

 

International Power PLC

 

3,521

 

701

 

Invensys PLC

 

2,998

 

832

 

Investec PLC

 

5,573

 

9,019

 

ITV PLC

 

6,018

 

1,865

 

J Sainsbury PLC

 

9,817

 

192

 

Johnson Matthey PLC

 

4,507

 

415

 

Kazakhmys PLC

 

5,893

 

1,262

 

Kesa Electricals PLC

 

2,725

 

4,809

 

Kingfisher PLC

 

16,962

 

2,939

 

Ladbrokes PLC

 

8,551

 

1,308

 

Land Securities Group PLC REIT

 

11,580

 

19,035

 

Legal & General Group PLC

 

20,339

 

948

 

Liberty International PLC REIT

 

6,852

 

33,970

 

Lloyds Banking Group PLC

 

47,870

 

2,082

 

Logica PLC

 

3,495

 

156

 

London Stock Exchange Group PLC

 

1,841

 

144

 

Lonmin PLC *

 

3,297

 

1,454

 

Man Group PLC

 

6,671

 

1,603

 

Marks & Spencer Group PLC

 

9,188

 

1,017

 

Mitchells & Butlers PLC *

 

4,388

 

1,828

 

Mondi PLC

 

8,031

 

428

 

National Express Group PLC

 

2,397

 

1,554

 

National Grid PLC

 

14,389

 

136

 

Next PLC

 

3,844

 

319

 

Northern Rock PLC *

 

 

16,337

 

Old Mutual PLC

 

25,952

 

505

 

Pearson PLC

 

5,806

 

624

 

Persimmon PLC

 

4,658

 

 



 

9,400

 

Premier Foods PLC *

 

$

6,039

 

3,757

 

Prudential PLC

 

27,919

 

7,901

 

Punch Taverns PLC *

 

13,754

 

1,632

 

Rank Group PLC *

 

2,104

 

142

 

Reckitt Benckiser Group PLC

 

6,771

 

254

 

Reed Elsevier PLC

 

1,782

 

3,089

 

Rentokil Initial PLC

 

4,967

 

806

 

Rexam PLC

 

3,154

 

1,065

 

Rio Tinto PLC

 

43,946

 

1,124

 

Rolls-Royce Group PLC

 

7,719

 

80,067

 

Royal Bank of Scotland Group PLC

 

59,527

 

3,574

 

Royal Dutch Shell PLC, Class A

 

93,143

 

2,724

 

Royal Dutch Shell PLC, Class B

 

70,178

 

2,381

 

RSA Insurance Group PLC

 

4,997

 

526

 

SABMiller PLC

 

12,095

 

628

 

Sage Group PLC (The)

 

2,034

 

89

 

Schroders PLC

 

1,442

 

42

 

Schroders PLC NVTG

 

579

 

487

 

Scottish & Southern Energy PLC

 

8,938

 

2,018

 

Segro PLC REIT

 

9,234

 

187

 

Severn Trent PLC

 

3,003

 

146

 

Shire PLC

 

2,149

 

225

 

Smith & Nephew PLC

 

1,774

 

184

 

Smiths Group PLC

 

2,196

 

1,273

 

Standard Chartered PLC

 

29,989

 

2,824

 

Standard Life PLC

 

9,261

 

623

 

Tate & Lyle PLC

 

3,798

 

40,893

 

Taylor Wimpey PLC *

 

26,439

 

4,775

 

Tesco PLC

 

29,092

 

593

 

Thomas Cook Group PLC

 

2,133

 

310

 

Thomson Reuters PLC

 

9,842

 

1,544

 

Tomkins PLC

 

4,531

 

617

 

Travis Perkins PLC

 

8,331

 

3,030

 

Trinity Mirror PLC

 

4,107

 

1,138

 

TUI Travel PLC

 

4,283

 

1,305

 

Unilever PLC

 

34,184

 

329

 

United Business Media Ltd.

 

2,314

 

789

 

United Utilities Group PLC

 

5,896

 

176

 

Vedanta Resources PLC

 

5,147

 

42,996

 

Vodafone Group PLC

 

87,462

 

223

 

Whitbread PLC

 

3,200

 

1,047

 

William Hill PLC

 

3,185

 

1,633

 

William Morrison Supermarkets PLC

 

7,296

 

1,167

 

Wolseley PLC *

 

25,906

 

1,280

 

WPP PLC

 

9,799

 

2,742

 

Xstrata PLC

 

36,739

 

8,699

 

Yell Group PLC *

 

4,435

 

 

 

 

 

1,977,396

 

 

 

Total Common Stocks and Other Equity Interests

 

 

 

 

 

(Cost $8,449,257)

 

6,330,691

 

 

 

 

 

 

 

 

 

Preferred Stocks—0.7%

 

 

 

 

 

Germany—0.6%

 

 

 

61

 

Fresenius SE

 

3,440

 

150

 

Henkel AG & Co. KGaA

 

5,487

 

186

 

Porsche Automobil Holding SE

 

12,062

 

739

 

ProSiebenSat.1 Media AG

 

4,652

 

 



 

149

 

Volkswagen AG

 

$

11,616

 

 

 

 

 

37,257

 

 

 

Italy—0.1%

 

 

 

524

 

Exor SpA

 

4,985

 

3,699

 

Unipol Gruppo Finanziario SpA *

 

3,026

 

 

 

 

 

8,011

 

 

 

Total Preferred Stocks

 

 

 

 

 

(Cost $68,329)

 

45,268

 

 

 

 

 

 

 

 

 

Rights—0.0%

 

 

 

 

 

Belgium—0.0%

 

 

 

1,122

 

Fortis Rights S.A., expiring 12/31/49 *

 

 

 

 

 

 

 

 

 

 

United Kingdom—0.0%

 

 

 

293

 

Rexam PLC Rights, expiring 08/18/09 *

 

418

 

 

 

 

 

 

 

 

 

Total Rights

 

 

 

 

 

(Cost $0)

 

418

 

 

 

 

 

 

 

 

 

Total Investments

 

 

 

 

 

(Cost $8,517,586)—99.7%

 

6,376,377

 

 

 

Other assets less liabilities—0.3%

 

15,737

 

 

 

 

 

 

 

 

 

Net Assets—100.0%

 

$

6,392,114

 

 


 

 

CVA Dutch Certificate

NVTG Non Voting

REIT Real Estate Investment Trust

VVPR Voter Verified Paper Record

 

* Non-income producing security.

 

(a) At July 31, 2009, the aggregate cost of investments for Federal income tax purposes was $8,619,087.  The net unrealized depreciation was $2,242,710 which consisted of aggregate gross unrealized appreciation of $283,455 and aggregate gross unrealized depreciation of $2,526,165.

 

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

 



 

 

 

Schedule of Investments

 

 

PowerShares FTSE RAFI Japan Portfolio

 

 

July 31, 2009 (Unaudited)

 

Number

 

 

 

 

 

of Shares

 

 

 

Value

 

 

 

Common Stocks—100.0%

 

 

 

 

 

Consumer Discretionary—24.3%

 

 

 

700

 

Aisin Seiki Co. Ltd.

 

$

17,905

 

2,500

 

Bridgestone Corp.

 

43,175

 

1,300

 

Casio Computer Co. Ltd.

 

10,611

 

3,000

 

Chofu Seisakusho Co. Ltd.

 

60,854

 

3,800

 

Daiei, Inc. (The) *

 

14,969

 

2,100

 

Denso Corp.

 

61,658

 

7,000

 

Fuji Heavy Industries Ltd.

 

28,090

 

27,000

 

Haseko Corp. *

 

25,527

 

5,600

 

Honda Motor Co. Ltd.

 

179,421

 

9,000

 

Isuzu Motors Ltd.

 

15,978

 

500

 

Marui Group Co. Ltd.

 

3,566

 

6,000

 

Mazda Motor Corp.

 

15,631

 

29,700

 

Nissan Motor Co. Ltd.

 

214,962

 

12,600

 

Panasonic Corp.

 

198,540

 

2,300

 

Pioneer Corp. *

 

6,693

 

9,000

 

Sanyo Electric Co. Ltd. *

 

20,043

 

3,000

 

Sekisui House Ltd.

 

28,111

 

7,000

 

Sharp Corp.

 

77,431

 

6,200

 

Sony Corp.

 

174,221

 

2,500

 

Suzuki Motor Corp.

 

62,766

 

12,300

 

Toyota Motor Corp.

 

515,541

 

500

 

Yamada Denki Co. Ltd.

 

31,094

 

400

 

Yamaha Motor Co. Ltd.

 

4,950

 

 

 

 

 

1,811,737

 

 

 

Consumer Staples—4.0%

 

 

 

6,100

 

Aeon Co. Ltd.

 

58,953

 

3,000

 

Ajinomoto Co., Inc.

 

28,615

 

20

 

Japan Tobacco, Inc.

 

57,566

 

3,000

 

Kirin Holdings Co. Ltd.

 

44,624

 

3,200

 

Seven & I Holdings Co. Ltd.

 

74,626

 

4,700

 

UNY Co. Ltd.

 

38,115

 

 

 

 

 

302,499

 

 

 

Energy—2.3%

 

 

 

13,000

 

Cosmo Oil Co. Ltd.

 

38,647

 

12,000

 

Nippon Mining Holdings, Inc.

 

56,726

 

14,000

 

Nippon Oil Corp.

 

73,827

 

 

 

 

 

169,200

 

 

 

Financials—17.3%

 

 

 

8,300

 

Aiful Corp.

 

26,942

 

8,000

 

Bank of Yokohama Ltd. (The)

 

43,112

 

10,000

 

Chuo Mitsui Trust Holdings, Inc.

 

34,666

 

4,000

 

Credit Saison Co. Ltd.

 

51,936

 

7,000

 

Daiwa House Industry Co. Ltd.

 

71,989

 

9,000

 

Daiwa Securities Group, Inc.

 

52,944

 

2,400

 

Hitachi Capital Corp.

 

32,598

 

36,985

 

Mitsubishi UFJ Financial Group, Inc.

 

219,900

 

 



 

510

 

Mitsubishi UFJ Lease & Finance Co. Ltd.

 

$

15,537

 

3,000

 

Mitsui Fudosan Co. Ltd.

 

54,835

 

49,400

 

Mizuho Financial Group, Inc.

 

111,571

 

16,200

 

Nomura Holdings, Inc.

 

141,077

 

1,850

 

ORIX Corp.

 

116,408

 

2,400

 

Resona Holdings, Inc.

 

35,246

 

4,300

 

Sumitomo Mitsui Financial Group, Inc.

 

182,940

 

1,650

 

T&D Holdings, Inc.

 

48,185

 

2,000

 

Tokio Marine Holdings, Inc.

 

57,776

 

 

 

 

 

1,297,662

 

 

 

Health Care—1.6%

 

 

 

400

 

Astellas Pharma, Inc.

 

15,169

 

1,100

 

Daiichi Sankyo Co. Ltd.

 

19,875

 

1,100

 

Mediceo Paltac Holdings Co. Ltd.

 

13,670

 

1,700

 

Takeda Pharmaceutical Co. Ltd.

 

68,396

 

 

 

 

 

117,110

 

 

 

Industrials—19.3%

 

 

 

10,000

 

Asahi Glass Co. Ltd.

 

86,349

 

1,400

 

East Japan Railway Co.

 

79,857

 

4,000

 

Hankyu Hanshin Holdings, Inc.

 

18,320

 

10,000

 

ITOCHU Corp.

 

74,374

 

6,100

 

JTEKT Corp.

 

68,629

 

9,000

 

Kajima Corp.

 

25,243

 

4,000

 

Kintetsu Corp.

 

18,530

 

3,500

 

Komatsu Ltd.

 

56,952

 

17,000

 

Marubeni Corp.

 

78,040

 

6,200

 

Mitsubishi Corp.

 

123,095

 

14,000

 

Mitsubishi Electric Corp.

 

102,064

 

22,000

 

Mitsubishi Heavy Industries Ltd.

 

87,589

 

7,000

 

Mitsui & Co. Ltd.

 

87,284

 

10,000

 

Mitsui O.S.K. Lines Ltd.

 

60,612

 

21,000

 

Nagoya Railroad Co. Ltd.

 

69,268

 

12,000

 

Nippon Express Co. Ltd.

 

54,835

 

500

 

Secom Co. Ltd.

 

21,272

 

47,300

 

Sojitz Corp.

 

98,381

 

8,000

 

Sumitomo Electric Industries Ltd.

 

99,081

 

5,000

 

Sumitomo Heavy Industries Ltd.

 

24,003

 

7,000

 

Taisei Corp.

 

15,810

 

7,000

 

Toppan Printing Co. Ltd.

 

71,033

 

1,600

 

Toyota Tsusho Corp.

 

24,438

 

 

 

 

 

1,445,059

 

 

 

Information Technology—12.5%

 

 

 

5,200

 

Canon, Inc.

 

192,825

 

2,000

 

FUJIFILM Holdings Corp.

 

64,919

 

21,000

 

Fujitsu Ltd.

 

137,213

 

42,000

 

Hitachi Ltd.

 

140,301

 

700

 

Kyocera Corp.

 

56,032

 

28,000

 

NEC Corp. *

 

97,652

 

1,400

 

OMRON Corp.

 

22,560

 

500

 

Rohm Co. Ltd.

 

36,977

 

3,200

 

Seiko Epson Corp.

 

48,944

 

31,000

 

Toshiba Corp.

 

136,772

 

 

 

 

 

934,195

 

 



 

 

 

Materials—10.2%

 

 

 

14,000

 

Asahi Kasei Corp.

 

$

71,916

 

2,700

 

JFE Holdings, Inc.

 

108,062

 

1,400

 

JSR Corp.

 

25,090

 

15,500

 

Mitsubishi Chemical Holdings Corp.

 

69,200

 

13,000

 

Mitsui Chemicals, Inc.

 

47,387

 

2,800

 

Nippon Paper Group, Inc.

 

71,768

 

33,000

 

Nippon Steel Corp.

 

131,383

 

11,000

 

Oji Paper Co. Ltd.

 

47,492

 

14,000

 

Sumitomo Chemical Co. Ltd.

 

68,974

 

19,000

 

Teijin Ltd.

 

59,877

 

2,700

 

Toyo Seikan Kaisha Ltd.

 

57,577

 

 

 

 

 

758,726

 

 

 

Telecommunication Services—3.5%

 

 

 

14

 

KDDI Corp.

 

73,827

 

2,800

 

Nippon Telegraph & Telephone Corp.

 

115,006

 

48

 

NTT DoCoMo, Inc.

 

69,180

 

 

 

 

 

258,013

 

 

 

Utilities—5.0%

 

 

 

1,000

 

Chubu Electric Power Co., Inc.

 

23,951

 

6,400

 

Chugoku Electric Power Co., Inc. (The)

 

133,251

 

2,800

 

Kansai Electric Power Co., Inc. (The)

 

62,209

 

2,100

 

Kyushu Electric Power Co., Inc.

 

45,002

 

4,200

 

Tokyo Electric Power Co., Inc. (The)

 

106,991

 

 

 

 

 

371,404

 

 

 

Total Common Stocks
(Cost $8,070,830)

 

7,465,605

 

 

 

 

 

 

 

 

 

Money Market Fund—0.0%

 

 

 

3,860

 

Goldman Sachs Financial Square Prime Obligations Institutional Share Class
(Cost $3,860)

 

3,860

 

 

 

 

 

 

 

 

 

Total Investments
(Cost $8,074,690)(a)—100.0%

 

7,469,465

 

 

 

Liabilities in excess of other assets—0.0%

 

(2,081

)

 

 

 

 

 

 

 

 

Net Assets—100.0%

 

$

7,467,384

 

 


 

 

* Non-income producing security.

 

 

 

(a)

 

At July 31, 2009, the aggregate cost of investment for Federal tax purposes was $8,080,448. The net unrealized depreciation was $610,983 which consisted of aggregate gross unrealized appreciation of $321,443 and aggregate gross unrealized depreciation of $932,426.

 

 

 

 

 

The valuation policy and listing of other significant accounting policies are available in the most recent shareholder report.

 



 

 

 

Schedule of Investments

 

 

PowerShares Global Agriculture Portfolio

 

 

July 31, 2009 (Unaudited)

 

Number

 

 

 

 

 

of Shares

 

 

 

Value

 

 

 

Common Stocks—100.0%

 

 

 

 

 

Australia—2.4%

 

 

 

156,879

 

Incitec Pivot Ltd.

 

$

359,963

 

20,417

 

Nufarm Ltd.

 

183,995

 

 

 

 

 

543,958

 

 

 

Brazil—3.1%

 

 

 

36,500

 

Cosan S.A. Industria e Comercio *

 

333,365

 

41,900

 

Fertilizantes Fosfatados S.A.

 

390,723

 

 

 

 

 

724,088

 

 

 

Canada—10.2%

 

 

 

15,416

 

Agrium, Inc.

 

705,990

 

15,746

 

Potash Corp. of Saskatchewan, Inc.

 

1,461,723

 

23,244

 

Viterra, Inc. *

 

195,008

 

 

 

 

 

2,362,721

 

 

 

Chile—3.9%

 

 

 

24,846

 

Sociedad Quimica y Minera de Chile S.A., Class B

 

888,718

 

 

 

 

 

 

 

 

 

China—1.1%

 

 

 

452,000

 

China BlueChemical Ltd., H-Shares

 

253,702

 

 

 

 

 

 

 

 

 

Denmark—1.0%

 

 

 

4,694

 

Danisco A/S

 

228,361

 

 

 

 

 

 

 

 

 

Germany—4.6%

 

 

 

12,226

 

K+S AG

 

682,590

 

18,586

 

Suedzucker AG

 

388,403

 

 

 

 

 

1,070,993

 

 

 

Hong Kong—3.5%

 

 

 

250,960

 

Chaoda Modern Agriculture Holdings Ltd.

 

169,680

 

352,000

 

China Agri-Industries Holdings Ltd.

 

260,706

 

688,000

 

Sinofert Holdings Ltd.

 

376,400

 

 

 

 

 

806,786

 

 

 

Indonesia—1.3%

 

 

 

154,000

 

Astra Agro Lestari Tbk PT

 

299,466

 

 

 

 

 

 

 

 

 

Israel—7.1%

 

 

 

81,555

 

Israel Chemicals Ltd.

 

928,356

 

756

 

Israel Corp. Ltd. (The)

 

496,328

 

42,673

 

Makhteshim-Agan Industries Ltd.

 

217,912

 

 

 

 

 

1,642,596

 

 



 

 

 

Malaysia—7.7%

 

 

 

615,400

 

IOI Corp. Bhd

 

$

856,057

 

104,700

 

Kuala Lumpur Kepong Bhd

 

371,540

 

30,400

 

Kulim Malaysia Bhd

 

62,569

 

116,500

 

PPB Group Bhd

 

486,175

 

 

 

 

 

1,776,341

 

 

 

Netherlands—0.6%

 

 

 

3,428

 

Nutreco Holding N.V.

 

146,506

 

 

 

 

 

 

 

 

 

Norway—3.7%

 

 

 

27,640

 

Yara International ASA

 

853,100

 

 

 

 

 

 

 

 

 

Singapore—11.1%

 

 

 

1,190,760

 

Golden Agri-Resources Ltd.

 

350,940

 

533,000

 

Wilmar International Ltd.

 

2,213,980

 

 

 

 

 

2,564,920

 

 

 

Switzerland—7.4%

 

 

 

7,468

 

Syngenta AG

 

1,711,135

 

 

 

 

 

 

 

 

 

Taiwan—1.3%

 

 

 

96,000

 

Taiwan Fertilizer Co., Ltd.

 

304,316

 

 

 

 

 

 

 

 

 

United States—30.0%

 

 

 

32,954

 

Archer-Daniels-Midland Co.

 

992,574

 

11,945

 

Bunge Ltd.

 

835,792

 

4,749

 

CF Industries Holdings, Inc.

 

374,886

 

7,348

 

Corn Products International, Inc.

 

205,744

 

8,038

 

Darling International, Inc. *

 

56,748

 

6,248

 

Fresh Del Monte Produce, Inc. *

 

133,770

 

7,372

 

Intrepid Potash, Inc. *

 

186,217

 

22,079

 

Monsanto Co.

 

1,854,635

 

33,159

 

Mosaic Co. (The)

 

1,729,242

 

6,443

 

Scotts Miracle-Gro Co. (The), Class A

 

251,599

 

9,800

 

Terra Industries, Inc.

 

285,768

 

 

 

 

 

6,906,975

 

 

 

Total Common Stocks

 

 

 

 

 

(Cost $21,174,951)

 

23,084,682

 

 

 

 

 

 

 

 

 

Money Market Fund—0.0%

 

 

 

10,293

 

Goldman Sachs Financial Square Prime Obligations Institutional Share Class
(Cost $10,293)

 

10,293

 

 

 

 

 

 

 

 

 

Total Investments
(Cost $21,185,244)(a)—100.0%

 

23,094,975

 

 

 

Other assets less liabilities—0.0%

 

1,645

 

 

 

 

 

 

 

 

 

Net Assets—100.0%

 

$

23,096,620

 

 


* Non-income producing security.

 

(a) At July 31, 2009, the aggregate cost of investments for Federal income tax purposes was $21,193,438.  The net unrealized appreciation was $1,901,537, which consisted of aggregate gross unrealized appreciation of $2,221,165 and aggregate gross unrealized depreciation of $319,628.

 



 

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

 



 

 

 

Schedule of Investments

 

 

PowerShares Global Biotech Portfolio

 

 

July 31, 2009 (Unaudited)

 

Number

 

 

 

 

 

of Shares

 

 

 

Value

 

 

 

Common Stocks—100.0%

 

 

 

 

 

Australia—3.8%

 

 

 

3,511

 

CSL Ltd.

 

$

89,172

 

 

 

 

 

 

 

 

 

Austria—1.7%

 

 

 

1,070

 

Intercell AG *

 

39,032

 

 

 

 

 

 

 

 

 

Denmark—2.1%

 

 

 

1,017

 

Genmab A/S *

 

40,472

 

357

 

NeuroSearch A/S *

 

7,851

 

 

 

 

 

48,323

 

 

 

France—0.6%

 

 

 

1,075

 

NicOx S.A. *

 

13,320

 

 

 

 

 

 

 

 

 

Netherlands—1.6%

 

 

 

1,491

 

Crucell N.V. *

 

36,824

 

 

 

 

 

 

 

 

 

Spain—4.5%

 

 

 

4,554

 

Grifols S.A.

 

82,481

 

5,034

 

Zeltia S.A.

 

21,696

 

 

 

 

 

104,177

 

 

 

Switzerland—4.5%

 

 

 

1,588

 

Actelion Ltd. *

 

86,980

 

217

 

Basilea Pharmaceutica *

 

19,255

 

 

 

 

 

106,235

 

 

 

United States—81.2%

 

 

 

856

 

Acorda Therapeutics, Inc. *

 

21,623

 

1,851

 

Alexion Pharmaceuticals, Inc. *

 

81,537

 

2,150

 

Alkermes, Inc. *

 

22,188

 

938

 

Alnylam Pharmaceuticals, Inc. *

 

21,827

 

3,286

 

Amgen, Inc. *

 

204,751

 

3,128

 

Amylin Pharmaceuticals, Inc. *

 

46,013

 

3,169

 

Biogen Idec, Inc. *

 

150,686

 

2,264

 

BioMarin Pharmaceutical, Inc. *

 

37,152

 

1,823

 

Celera Corp. *

 

10,938

 

3,885

 

Celgene Corp. *

 

221,291

 

1,407

 

Cephalon, Inc. *

 

82,521

 

1,312

 

Cepheid, Inc. *

 

13,868

 

1,304

 

Cubist Pharmaceuticals, Inc. *

 

25,910

 

2,775

 

Genzyme Corp. *

 

143,995

 

3,808

 

Gilead Sciences, Inc. *

 

186,325

 

1,985

 

Halozyme Therapeutics, Inc. *

 

14,014

 

3,075

 

Human Genome Sciences, Inc. *

 

43,973

 

2,205

 

Incyte Corp. Ltd. *

 

11,466

 

970

 

InterMune, Inc. *

 

14,822

 

2,211

 

Isis Pharmaceuticals, Inc. *

 

40,417

 

 



 

751

 

Martek Biosciences Corp. *

 

$

17,468

 

2,911

 

Medarex, Inc. *

 

46,198

 

2,229

 

Myriad Genetics, Inc. *

 

61,119

 

1,285

 

Onyx Pharmaceuticals, Inc. *

 

46,157

 

1,312

 

OSI Pharmaceuticals, Inc. *

 

44,332

 

2,706

 

PDL BioPharma, Inc.

 

22,270

 

1,812

 

Regeneron Pharmaceuticals, Inc. *

 

38,849

 

831

 

Rigel Pharmaceuticals, Inc. *

 

6,922

 

1,374

 

Savient Pharmaceuticals, Inc. *

 

21,421

 

1,940

 

Seattle Genetics, Inc. *

 

23,377

 

1,414

 

Theravance, Inc. *

 

21,351

 

599

 

United Therapeutics Corp. *

 

55,479

 

2,753

 

Vertex Pharmaceuticals, Inc. *

 

99,136

 

 

 

 

 

1,899,396

 

 

 

Total Common Stocks
(Cost $2,514,794)

 

2,336,479

 

 

 

 

 

 

 

 

 

Money Market Fund—0.1%

 

 

 

3,188

 

Goldman Sachs Financial Square Prime Obligations Institutional Share Class
(Cost $3,188)

 

3,188

 

 

 

 

 

 

 

 

 

Total Investments
(Cost $2,517,982)(a)—100.1%

 

2,339,667

 

 

 

Liabilities in excess of other assets—(0.1%)

 

(1,327

)

 

 

 

 

 

 

 

 

Net Assets—100.0%

 

$

2,338,340

 

 


*   Non-income producing security.

 

(a)  At July 31, 2009, the aggregate cost of investments for Federal income tax purposes was $2,517,982.  The net unrealized depreciation was $178,315, which consisted of aggregate gross unrealized appreciation of $126,959 and aggregate gross unrealized depreciation of $305,274.

 

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

 



 

 

 

Schedule of Investments

 

 

PowerShares Global Clean Energy Portfolio

 

 

July 31, 2009 (Unaudited)

 

Number

 

 

 

 

 

of Shares

 

 

 

Value

 

 

 

Common Stocks and Other Equity Interests—99.9%

 

 

 

 

 

Australia—0.8%

 

 

 

1,410,990

 

Infigen Energy

 

$

1,513,204

 

 

 

 

 

 

 

 

 

Austria—1.2%

 

 

 

44,209

 

Verbund-Oesterreichische Elektrizitaetswirtschafts AG, Class A

 

2,142,937

 

 

 

 

 

 

 

 

 

Belgium—3.6%

 

 

 

1,969,618

 

Hansen Transmissions International N.V.*

 

4,408,196

 

81,130

 

Umicore

 

2,107,204

 

 

 

 

 

6,515,400

 

 

 

Brazil—2.2%

 

 

 

353,500

 

Cosan S.A. Industria e Comercio*

 

3,228,621

 

88,200

 

Sao Martinho S.A.*

 

744,928

 

 

 

 

 

3,973,549

 

 

 

Canada—1.7%

 

 

 

160,183

 

5N Plus, Inc.*

 

960,120

 

705,574

 

Ballard Power Systems, Inc.*

 

1,305,289

 

191,316

 

Canadian Hydro Developers, Inc.*

 

890,130

 

 

 

 

 

3,155,539

 

 

 

China—10.4%

 

 

 

460,700

 

BYD Co. Ltd., H-Shares *

 

2,553,153

 

2,330,000

 

China High Speed Transmission Equipment Co. Ltd.

 

5,838,491

 

352,034

 

Gushan Environmental Energy Ltd. ADR

 

873,044

 

181,606

 

JA Solar Holdings Co. Ltd. ADR*

 

873,525

 

274,190

 

LDK Solar Co. Ltd. ADR*

 

2,999,639

 

162,242

 

Suntech Power Holdings Co. Ltd. ADR*

 

2,983,630

 

216,402

 

Yingli Green Energy Holding Co. Ltd. ADR*

 

2,871,655

 

 

 

 

 

18,993,137

 

 

 

Denmark—4.5%

 

 

 

32,801

 

Novozymes A/S, Class B

 

2,932,313

 

10,067

 

Rockwool International A/S, Class B

 

781,116

 

63,214

 

Vestas Wind Systems A/S*

 

4,429,440

 

 

 

 

 

8,142,869

 

 

 

Finland—1.5%

 

 

 

118,335

 

Fortum Oyj

 

2,726,254

 

 

 

 

 

 

 

 

 

France—5.5%

 

 

 

99,071

 

EDF Energies Nouvelles S.A.

 

4,931,478

 

14,161

 

Saft Groupe S.A.

 

549,501

 

75,257

 

Sechilienne-Sidec

 

2,883,982

 

314,511

 

Theolia S.A.*

 

1,645,363

 

 

 

 

 

10,010,324

 

 



 

 

 

Germany—11.6%

 

 

 

64,514

 

Centrotherm Photovoltaics AG*

 

$

3,321,999

 

1,030,958

 

Conergy AG

 

993,916

 

300,491

 

Nordex AG*

 

4,826,819

 

14,899

 

Phoenix Solar AG

 

744,588

 

140,460

 

Q-Cells SE*

 

2,515,102

 

25,953

 

Roth & Rau AG*

 

871,670

 

39,221

 

SMA Solar Technology AG

 

3,120,029

 

26,588

 

Solar Millenium AG*

 

923,531

 

116,722

 

Solarworld AG

 

2,823,133

 

66,292

 

Solon SE*

 

954,892

 

 

 

 

 

21,095,679

 

 

 

Ireland—1.6%

 

 

 

425,272

 

Kingspan Group PLC

 

2,845,826

 

 

 

 

 

 

 

 

 

Japan—5.5%

 

 

 

188,000

 

GS Yuasa Corp.

 

1,708,283

 

301

 

Japan Wind Development Co. Ltd.

 

1,277,420

 

116,000

 

Meidensha Corp.

 

690,919

 

15,700

 

NPC, Inc.

 

821,325

 

713,000

 

Sanyo Electric Co. Ltd.*

 

1,587,857

 

285,000

 

Sharp Corp.

 

3,152,529

 

350,000

 

Takuma Co. Ltd.

 

841,956

 

 

 

 

 

10,080,289

 

 

 

New Zealand—1.3%

 

 

 

572,677

 

Contact Energy Ltd.

 

2,375,238

 

 

 

 

 

 

 

 

 

Norway—1.8%

 

 

 

406,009

 

Renewable Energy Corp. A/S*

 

3,210,003

 

 

 

 

 

 

 

 

 

Philippines—1.4%

 

 

 

27,154,000

 

Energy Development Corp.

 

2,541,452

 

 

 

 

 

 

 

 

 

Spain—12.6%

 

 

 

115,497

 

Abengoa S.A.

 

2,945,788

 

37,950

 

Acciona S.A.

 

4,559,856

 

444,748

 

EDP Renovaveis S.A.*

 

4,542,421

 

242,353

 

Gamesa Corporacion Tecnologica S.A.

 

5,215,787

 

1,020,076

 

Iberdrola Renovables S.A.

 

4,685,729

 

298,978

 

Solaria Energia y Medio Ambiente S.A.*

 

955,840

 

 

 

 

 

22,905,421

 

 

 

Switzerland—1.9%

 

 

 

29,096

 

BKW FMB Energie AG

 

2,235,762

 

2,841

 

Gurit Holding AG

 

1,333,059

 

 

 

 

 

3,568,821

 

 

 

United Kingdom—1.2%

 

 

 

52,889

 

Climate Exchange PLC*

 

815,881

 

337,589

 

Eaga PLC

 

695,392

 

559,162

 

PV Crystalox Solar PLC

 

755,510

 

 

 

 

 

2,266,783

 

 



 

 

 

United States—29.6%

 

 

 

184,084

 

American Superconductor Corp.*

 

$

5,921,982

 

109,342

 

Baldor Electric Co.

 

2,816,650

 

166,176

 

Broadwind Energy, Inc.*

 

1,761,466

 

1,290,687

 

Capstone Turbine Corp.*

 

1,484,290

 

161,862

 

Covanta Holding Corp.*

 

2,733,849

 

84,930

 

Cree, Inc.*

 

2,722,856

 

98,289

 

Echelon Corp.*

 

833,491

 

98,523

 

Ener1, Inc.*

 

628,577

 

195,772

 

Energy Conversion Devices, Inc.*

 

2,787,793

 

34,130

 

EnerNOC, Inc.*

 

1,047,108

 

397,640

 

Evergreen Solar, Inc.*

 

835,044

 

17,154

 

First Solar, Inc.*

 

2,648,406

 

54,332

 

Fuel Systems Solutions, Inc.*

 

1,362,647

 

291,350

 

FuelCell Energy, Inc.*

 

1,168,314

 

558,284

 

GT Solar International, Inc.*

 

3,461,361

 

172,713

 

International Rectifier Corp.*

 

2,860,127

 

47,078

 

Itron, Inc.*

 

2,456,059

 

124,970

 

Johnson Controls, Inc.

 

3,234,223

 

39,845

 

Maxwell Technologies, Inc.*

 

564,205

 

167,327

 

MEMC Electronic Materials, Inc.*

 

2,948,302

 

53,661

 

Ormat Technologies, Inc.

 

2,124,439

 

30,166

 

Power Integrations, Inc.

 

883,562

 

175,588

 

Raser Technologies, Inc.*

 

393,317

 

107,883

 

SunPower Corp., Class A*

 

3,473,833

 

81,489

 

Ultralife Corp.*

 

523,159

 

72,448

 

Universal Display Corp.*

 

880,243

 

135,822

 

Zoltek Cos., Inc.*

 

1,347,354

 

 

 

 

 

53,902,657

 

 

 

Total Common Stocks and Other Equity Interests
(Cost $186,819,797)

 

181,965,382

 

 

 

 

 

 

 

 

 

Money Market Fund—0.1%

 

 

 

162,674

 

Goldman Sachs Financial Square Prime Obligations Institutional Share Class
(Cost $162,674)

 

162,674

 

 

 

 

 

 

 

 

 

Total Investments

 

 

 

 

 

(Cost $186,982,471)(a)—100.0%

 

182,128,056

 

 

 

Other assets less liabilities—0.0%

 

32,709

 

 

 

 

 

 

 

 

 

Net Assets—100.0%

 

$

182,160,765

 

 


 

 

ADR American Depositary Receipt

 

 

*

Non-income producing security.

 

 

 

 

 

 

(a)

At July 31, 2009, the aggregate cost of investments for Federal income tax purposes was $193,644,663. The net unrealized depreciation was $11,516,607, which consisted of aggregate gross unrealized appreciation of $23,683,878 and aggregate gross unrealized depreciation of $35,200,485.

 

 

 

 

 

 

 

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

 



 

 

 

Schedule of Investments

 

 

PowerShares Global Coal Portfolio

 

 

July 31, 2009 (Unaudited)

 

Number

 

 

 

 

 

of Shares

 

 

 

Value

 

 

 

Common Stocks and Other Equity Interests—99.9%

 

 

 

 

 

Australia—19.3%

 

 

 

28,296

 

Aquila Resources Ltd. *

 

$

142,790

 

43,252

 

Centennial Coal Co. Ltd.

 

107,513

 

16,321

 

Energy Resources of Australia Ltd.

 

343,282

 

22,917

 

Felix Resources Ltd.

 

341,032

 

9,210

 

Gloucester Coal Ltd.

 

45,940

 

89,200

 

New Hope Corp. Ltd.

 

395,995

 

71,847

 

Paladin Energy Ltd. *

 

272,369

 

21,821

 

Riversdale Mining Ltd. *

 

119,730

 

 

 

 

 

1,768,651

 

 

 

Canada—9.3%

 

 

 

23,457

 

Cameco Corp.

 

642,242

 

39,487

 

Denison Mines Corp. *

 

67,571

 

54,733

 

Uranium One, Inc. *

 

145,806

 

 

 

 

 

855,619

 

 

 

China—24.2%

 

 

 

451,000

 

China Coal Energy Co., H-Shares

 

631,978

 

193,000

 

China Shenhua Energy Co., Ltd., H-Shares

 

788,182

 

72,600

 

Inner Mongolia Yitai Coal Co., Class B

 

445,038

 

228,000

 

Yanzhou Coal Mining Co., Ltd., H-Shares

 

354,207

 

 

 

 

 

2,219,405

 

 

 

Indonesia—9.2%

 

 

 

1,682,500

 

Bumi Resources Tbk PT

 

474,660

 

269,000

 

Tambang Batubara Bukit Asam Tbk PT

 

368,605

 

 

 

 

 

843,265

 

 

 

Singapore—2.1%

 

 

 

127,000

 

Straits Asia Resources Ltd.

 

187,587

 

 

 

 

 

 

 

 

 

Thailand—3.8%

 

 

 

31,700

 

Banpu PCL

 

349,324

 

 

 

 

 

 

 

 

 

United Kingdom—0.4%

 

 

 

18,314

 

UK Coal PLC *

 

35,675

 

 

 

 

 

 

 

 

 

United States—31.6%

 

 

 

4,270

 

Alliance Resource Partners LP

 

151,670

 

13,876

 

Alpha Natural Resources, Inc. *

 

462,210

 

16,680

 

Arch Coal, Inc.

 

290,399

 

15,579

 

Consol Energy, Inc.

 

553,522

 

17,858

 

International Coal Group, Inc. *

 

55,360

 

3,190

 

James River Coal Co. *

 

59,238

 

9,982

 

Massey Energy Co.

 

265,521

 

9,101

 

Patriot Coal Corp. *

 

76,175

 

18,871

 

Peabody Energy Corp.

 

624,818

 

 



 

12,968

 

USEC, Inc. *

 

$

50,186

 

6,221

 

Walter Industries, Inc.

 

307,069

 

 

 

 

 

2,896,168

 

 

 

Total Common Stocks and Other Equity Interests
(Cost $7,021,490)

 

9,155,694

 

 

 

 

 

 

 

 

 

Money Market Fund—0.0%

 

 

 

3,651

 

Goldman Sachs Financial Square Prime Obligations Institutional Share Class
(Cost $3,651)

 

3,651

 

 

 

 

 

 

 

 

 

Total Investments
(Cost $7,025,141)(a)—99.9%

 

9,159,345

 

 

 

Other assets less liabilities—0.1%

 

5,750

 

 

 

 

 

 

 

 

 

Net Assets—100.0%

 

$

9,165,095

 

 


 

 

*   Non-income producing security. 

 

(a)  At July 31, 2009, the aggregate cost of investments for Federal income tax purposes was $7,026,463.  The net unrealized appreciation was $2,132,882, which consisted of aggregate gross unrealized appreciation of $2,253,306 and aggregate gross unrealized depreciation of $120,424. 

 

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

 



 

 

 

Schedule of Investments

 

 

PowerShares Global Gold and Precious Metals Portfolio

 

 

July 31, 2009 (Unaudited)

 

Number

 

 

 

 

 

of Shares

 

 

 

Value

 

 

 

Common Stocks—100.0%

 

 

 

 

 

Australia—8.7%

 

 

 

307,532

 

Lihir Gold Ltd. *

 

$

708,197

 

33,326

 

Newcrest Mining Ltd.

 

831,166

 

207,071

 

PanAust Ltd. *

 

70,581

 

38,032

 

Sino Gold Mining Ltd. *

 

167,259

 

 

 

 

 

1,777,203

 

 

 

Bermuda—1.1%

 

 

 

54,082

 

Aquarius Platinum Ltd.

 

233,116

 

 

 

 

 

 

 

 

 

Canada—41.1%

 

 

 

14,277

 

Agnico-Eagle Mines Ltd.

 

834,487

 

13,948

 

Alamos Gold, Inc. *

 

125,017

 

46,573

 

Barrick Gold Corp.

 

1,620,642

 

48,289

 

Eldorado Gold Corp. *

 

483,739

 

14,572

 

Franco-Nevada Corp.

 

362,580

 

15,934

 

Gammon Gold, Inc. *

 

111,130

 

44,650

 

Goldcorp, Inc.

 

1,690,431

 

8,005

 

Harry Winston Diamond Corp.

 

46,574

 

42,465

 

IAMGOLD Corp.

 

448,571

 

43,973

 

Kinross Gold Corp.

 

864,329

 

23,673

 

Novagold Resources, Inc. *

 

97,223

 

11,363

 

Pan American Silver Corp. *

 

221,353

 

29,839

 

Red Back Mining, Inc. *

 

276,282

 

8,884

 

Silver Standard Resources, Inc. *

 

174,870

 

37,466

 

Silver Wheaton Corp. *

 

344,129

 

75,035

 

Yamana Gold, Inc.

 

712,801

 

 

 

 

 

8,414,158

 

 

 

China—2.4%

 

 

 

522,000

 

Zijin Mining Group Co., Ltd., H-Shares

 

486,972

 

 

 

 

 

 

 

 

 

Mexico—4.0%

 

 

 

51,900

 

Industrias Penoles SAB de CV

 

824,511

 

 

 

 

 

 

 

 

 

South Africa—27.6%

 

 

 

24,296

 

Anglo Platinum Ltd.

 

1,718,625

 

20,424

 

AngloGold Ashanti Ltd.

 

771,219

 

64,238

 

Gold Fields Ltd.

 

757,607

 

55,564

 

Harmony Gold Mining Co., Ltd. *

 

497,594

 

64,524

 

Impala Platinum Holdings Ltd.

 

1,547,394

 

27,572

 

Mvelaphanda Resources Ltd. *

 

136,930

 

46,899

 

Northam Platinum Ltd.

 

221,904

 

 

 

 

 

5,651,273

 

 



 

 

 

United Kingdom—5.8%

 

 

 

25,172

 

Lonmin PLC *

 

$

576,311

 

10,005

 

Randgold Resources Ltd.

 

602,930

 

 

 

 

 

1,179,241

 

 

 

United States—9.3%

 

 

 

8,791

 

Coeur d’Alene Mines Corp. *

 

124,832

 

22,109

 

Hecla Mining Co. *

 

69,643

 

35,983

 

Newmont Mining Corp.

 

1,487,897

 

5,307

 

Royal Gold, Inc.

 

218,012

 

 

 

 

 

1,900,384

 

 

 

Total Common Stocks
(Cost $19,706,918)

 

20,466,858

 

 

 

 

 

 

 

 

 

Money Market Fund—0.1%

 

 

 

7,246

 

Goldman Sachs Financial Square Prime Obligations Institutional Share Class
(Cost $7,246)

 

7,246

 

 

 

 

 

 

 

 

 

Total Investments
(Cost $19,714,164)(a)—100.1%

 

20,474,104

 

 

 

Liabilities in excess of other assets—(0.1%)

 

(12,395

)

 

 

 

 

 

 

 

 

Net Assets—100.0%

 

$

20,461,709

 

 


 

 

* Non-income producing security. 

 

(a) At July 31, 2009, the aggregate cost of investments for Federal income tax purposes was $19,714,164.  The net unrealized appreciation was $759,940, which consisted of aggregate gross unrealized appreciation of $1,086,159 and aggregate gross unrealized depreciation of $326,219. 

 

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

 



 

 

 

Schedule of Investments

 

 

PowerShares Global Nuclear Energy Portfolio

 

 

July 31, 2009 (Unaudited)

 

Number

 

 

 

 

 

of Shares

 

 

 

Value

 

 

 

Common Stocks and Other Equity Interests—99.9%

 

 

 

 

 

Australia—5.9%

 

 

 

46,488

 

Energy Resources of Australia Ltd.

 

$

977,789

 

231,736

 

Paladin Energy Ltd. *

 

878,501

 

9,915

 

Silex Systems Ltd. *

 

57,123

 

 

 

 

 

1,913,413

 

 

 

Canada—9.6%

 

 

 

34,412

 

Cameco Corp.

 

942,184

 

171,955

 

Denison Mines Corp. *

 

294,253

 

371,647

 

Equinox Minerals Ltd. *

 

938,485

 

360,617

 

Uranium One, Inc. *

 

960,667

 

 

 

 

 

3,135,589

 

 

 

France—9.9%

 

 

 

4,124

 

Areva S.A.

 

2,360,938

 

16,673

 

EDF

 

822,016

 

612

 

Sperian Protection

 

37,093

 

 

 

 

 

3,220,047

 

 

 

Germany—5.8%

 

 

 

27,270

 

E.ON AG

 

1,026,864

 

8,359

 

RWE AG

 

702,170

 

5,319

 

SGL Carbon SE *

 

174,122

 

 

 

 

 

1,903,156

 

 

 

India—2.0%

 

 

 

20,076

 

Larsen & Toubro Ltd. GDR

 

642,432

 

 

 

 

 

 

 

 

 

Japan—26.3%

 

 

 

485,000

 

Hitachi Ltd.

 

1,620,148

 

4,600

 

Hokkaido Electric Power Co., Inc.

 

88,864

 

3,800

 

Hokuriku Electric Power Co.

 

86,423

 

34,000

 

Japan Steel Works Ltd. (The)

 

442,880

 

43,000

 

JGC Corp.

 

740,795

 

27,300

 

Kansai Electric Power Co., Inc. (The)

 

606,539

 

15,400

 

Kyushu Electric Power Co., Inc.

 

330,017

 

175,000

 

Mitsubishi Heavy Industries Ltd.

 

696,728

 

6,100

 

Shikoku Electric Power Co., Inc.

 

181,664

 

77,900

 

Sumitomo Electric Industries Ltd.

 

964,800

 

3,000

 

Taihei Dengyo Kaisha Ltd.

 

29,403

 

40,600

 

Tokyo Electric Power Co., Inc. (The)

 

1,034,246

 

208,000

 

Toshiba Corp.

 

917,695

 

4,000

 

Toshiba Plant Systems & Services Corp.

 

47,986

 

192,000

 

Toyo Engineering Corp.

 

597,006

 

22,500

 

Yokogawa Electric Corp.

 

175,377

 

 

 

 

 

8,560,571

 

 



 

 

 

Netherlands—0.4%

 

 

 

10,634

 

Chicago Bridge & Iron Co. N.V.

 

$

148,344

 

 

 

 

 

 

 

 

 

South Korea—2.1%

 

 

 

12,018

 

Doosan Heavy Industries and Construction Co., Ltd.

 

685,932

 

 

 

 

 

 

 

 

 

Switzerland—0.1%

 

 

 

306

 

BKW FMB Energie AG

 

23,513

 

 

 

 

 

 

 

 

 

United Kingdom—1.1%

 

 

 

54,600

 

Serco Group PLC

 

365,243

 

 

 

 

 

 

 

 

 

United States—36.7%

 

 

 

11,761

 

AMETEK, Inc.

 

380,586

 

5,215

 

Belden, Inc.

 

91,471

 

1,889

 

CIRCOR International, Inc.

 

43,560

 

10,836

 

Constellation Energy Group, Inc.

 

310,993

 

43,913

 

Duke Energy Corp.

 

679,773

 

28,060

 

Emerson Electric Co.

 

1,020,823

 

4,263

 

Entergy Corp.

 

342,447

 

19,558

 

Exelon Corp.

 

994,719

 

5,088

 

Federal Signal Corp.

 

45,080

 

11,180

 

FirstEnergy Corp.

 

460,616

 

6,302

 

Flowserve Corp.

 

509,013

 

13,012

 

Fluor Corp.

 

687,034

 

6,208

 

FPL Group, Inc.

 

351,807

 

5,764

 

General Cable Corp. *

 

223,471

 

60,700

 

General Electric Co.

 

813,380

 

5,686

 

Kirby Corp. *

 

210,439

 

1,040

 

Landauer, Inc.

 

69,597

 

25,668

 

McDermott International, Inc. *

 

501,553

 

3,744

 

Mine Safety Appliances Co.

 

105,169

 

5,201

 

MKS Instruments, Inc. *

 

100,743

 

17,935

 

Parker Hannifin Corp.

 

794,162

 

11,604

 

Progress Energy, Inc.

 

457,662

 

21,585

 

SAIC, Inc. *

 

390,473

 

22,612

 

Shaw Group, Inc. (The) *

 

665,697

 

5,472

 

SPX Corp.

 

289,031

 

1,999

 

Team, Inc. *

 

29,105

 

23,416

 

Thermo Fisher Scientific, Inc. *

 

1,060,275

 

83,661

 

USEC, Inc. *

 

323,768

 

 

 

 

 

11,952,447

 

 

 

Total Common Stocks and Other Equity Interests
(Cost $39,922,534)

 

32,550,687

 

 

 

 

 

 

 

 

 

Money Market Fund—0.1%

 

 

 

23,989

 

Goldman Sachs Financial Square Prime Obligations Institutional Share Class
(Cost $23,989)

 

23,989

 

 

 

 

 

 

 

 

 

Total Investments
(Cost $39,946,523)(a)—100.0%

 

32,574,676

 

 

 

Other assets less liabilities—0.0%

 

11,414

 

 

 

 

 

 

 

 

 

Net Assets—100.0%

 

$

32,586,090

 

 


 

 

GDR Global Depositary Receipt

 

 

 

 

 

 

 

 

 

 

 

*   Non-income producing security.

 

 

 

 



 

 

 

(a)  At July 31, 2009, the aggregate cost of investments for Federal income tax purposes was $40,431,664.  The net unrealized depreciation was $7,856,988, which consisted of aggregate gross unrealized appreciation of $1,884,793 and aggregate gross unrealized depreciation of $9,741,781.

 

 The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

 



 

 

 

Schedule of Investments

 

 

PowerShares Global Progressive Transportation Portfolio

 

 

July 31, 2009 (Unaudited)

 

Number

 

 

 

 

 

of Shares

 

 

 

Value

 

 

 

Common Stocks and Other Equity Interests—99.9%

 

 

 

 

 

Brazil—2.8%

 

 

 

14,800

 

Log-in Logistica Intermodal S.A.

 

$

64,668

 

 

 

 

 

 

 

 

 

Canada—5.0%

 

 

 

15,800

 

Bombardier, Inc., Class B

 

55,828

 

1,212

 

Canadian National Railway Co.

 

59,121

 

 

 

 

 

114,949

 

 

 

Chile—2.8%

 

 

 

1,811

 

Sociedad Quimica y Minera de Chile S.A. ADR

 

64,816

 

 

 

 

 

 

 

 

 

China—4.6%

 

 

 

19,000

 

BYD Co., Ltd., H-Shares *

 

105,296

 

 

 

 

 

 

 

 

 

Denmark—2.7%

 

 

 

10

 

A P Moller - Maersk A/S, Class B

 

61,883

 

 

 

 

 

 

 

 

 

France—5.5%

 

 

 

1,044

 

Alstom S.A.

 

71,298

 

1,407

 

Saft Groupe S.A.

 

54,597

 

 

 

 

 

125,895

 

 

 

Germany—5.2%

 

 

 

1,401

 

Hamburger Hafen und Logistik AG

 

63,958

 

473

 

Vossloh AG

 

54,573

 

 

 

 

 

118,531

 

 

 

Italy—5.9%

 

 

 

3,129

 

Ansaldo STS SpA

 

63,038

 

35,318

 

Piaggio & C. SpA

 

72,905

 

 

 

 

 

135,943

 

 

 

Japan—13.1%

 

 

 

900

 

East Japan Railway Co.

 

51,337

 

11,000

 

GS Yuasa Corp.

 

99,953

 

8,000

 

Kinki Sharyo Co., Ltd.

 

62,356

 

2,100

 

Shimano, Inc.

 

85,593

 

 

 

 

 

299,239

 

 

 

Taiwan—7.7%

 

 

 

32,000

 

Giant Manufacturing Co., Ltd.

 

88,661

 

50,000

 

Merida Industry Co., Ltd.

 

87,326

 

 

 

 

 

175,987

 

 

 

United Kingdom—7.7%

 

 

 

3,619

 

BG Group PLC

 

59,938

 

 



 

9,808

 

FirstGroup PLC

 

$

53,903

 

27,807

 

Stagecoach Group PLC

 

62,465

 

 

 

 

 

176,306

 

 

 

United States—36.9%

 

 

 

727

 

Burlington Northern Santa Fe Corp.

 

57,135

 

7,023

 

Clean Energy Fuels Corp.*

 

64,893

 

1,658

 

CSX Corp.

 

66,518

 

11,229

 

Ener1, Inc.*

 

71,641

 

3,114

 

Fuel Systems Solutions, Inc.*

 

78,099

 

1,732

 

Landstar System, Inc.

 

63,529

 

2,743

 

Marten Transport Ltd.*

 

48,387

 

5,795

 

Maxwell Technologies, Inc.*

 

82,057

 

1,416

 

Norfolk Southern Corp.

 

61,242

 

1,730

 

Overseas Shipholding Group, Inc.

 

59,426

 

1,733

 

Reliance Steel & Aluminum Co.

 

58,419

 

1,069

 

Union Pacific Corp.

 

61,489

 

3,877

 

WABCO Holdings, Inc.

 

73,702

 

 

 

 

 

846,537

 

 

 

Total Common Stocks and Other Equity Interests
(Cost $2,043,379)

 

2,290,050

 

 

 

 

 

 

 

 

 

Money Market Fund—0.0%

 

 

 

1,047

 

Goldman Sachs Financial Square Prime Obligations Institutional Share Class
(Cost $1,047)

 

1,047

 

 

 

 

 

 

 

 

 

Total Investments
(Cost $2,044,426)(a)—99.9%

 

2,291,097

 

 

 

Other assets less liabilities—0.1%

 

1,311

 

 

 

 

 

 

 

 

 

Net Assets—100.0%

 

$

2,292,408

 

 


 

 

ADR American Depositary Receipt

 

*  Non-income producing security.

 

(a) At July 31, 2009, the aggregate cost of investments for Federal income tax purposes was $2,045,535.   The net unrealized appreciation was $245,562, which consisted of aggregate gross unrealized appreciation of $363,711 and aggregate gross unrealized depreciation of $118,149.

 

The valuation policy and listing of the other significant accounting policies are available in the most recent shareholder report.

 



 

 

 

Schedule of Investments

 

 

PowerShares Global Steel Portfolio

 

 

July 31, 2009 (Unaudited)

 

Number

 

 

 

 

 

of Shares

 

 

 

Value

 

 

 

Common Stocks and Other Equity Interests—99.7%

 

 

 

 

 

Australia—7.1%

 

 

 

15,069

 

BlueScope Steel Ltd.

 

$

42,218

 

23,259

 

Fortescue Metals Group Ltd.*

 

81,599

 

8,810

 

Mount Gibson Iron Ltd.*

 

8,752

 

3,363

 

Murchison Metals Ltd.*

 

5,340

 

11,339

 

OneSteel Ltd.

 

28,186

 

1,500

 

Sims Metal Management Ltd.

 

34,730

 

 

 

 

 

200,825

 

 

 

Austria—1.3%

 

 

 

1,368

 

Voestalpine AG

 

37,762

 

 

 

 

 

 

 

 

 

Brazil—9.3%

 

 

 

6,500

 

Cia Siderurgica Nacional S.A.

 

165,562

 

4,100

 

Gerdau S.A.

 

36,179

 

2,500

 

MMX Mineracao e Metalicos S.A.*

 

9,458

 

2,100

 

Usinas Siderurgicas de Minas Gerais S.A.

 

51,016

 

 

 

 

 

262,215

 

 

 

Canada—0.3%

 

 

 

263

 

Labrador Iron Ore Royalty Income Fund

 

9,244

 

 

 

 

 

 

 

 

 

Chile—1.0%

 

 

 

1,242

 

CAP S.A.

 

28,867

 

 

 

 

 

 

 

 

 

China—1.2%

 

 

 

10,000

 

Angang Steel Co. Ltd., H-Shares

 

22,684

 

14,000

 

Maanshan Iron & Steel Co. Ltd., H-Shares*

 

10,893

 

 

 

 

 

33,577

 

 

 

Egypt—0.4%

 

 

 

4,495

 

El Ezz Steel Rebars SAE

 

10,192

 

 

 

 

 

 

 

 

 

Finland—1.9%

 

 

 

1,509

 

Outokumpu Oyj

 

29,416

 

1,152

 

Rautaruukki Oyj

 

24,793

 

 

 

 

 

54,209

 

 

 

Germany—6.1%

 

 

 

500

 

Salzgitter AG

 

50,436

 

3,989

 

ThyssenKrupp AG

 

122,157

 

 

 

 

 

172,593

 

 

 

Japan—24.1%

 

 

 

4,000

 

Daido Steel Co. Ltd.

 

16,471

 

3,000

 

Hitachi Metals Ltd.

 

29,309

 

5,000

 

JFE Holdings, Inc.

 

200,116

 

26,000

 

Kobe Steel Ltd.

 

49,982

 

 



 

800

 

Maruichi Steel Tube Ltd.

 

$

15,312

 

53,000

 

Nippon Steel Corp.

 

211,008

 

8,000

 

Nisshin Steel Co. Ltd.

 

15,211

 

1,000

 

Sanyo Special Steel Co. Ltd.

 

4,044

 

38,000

 

Sumitomo Metal Industries Ltd.

 

94,207

 

1,300

 

Tokyo Steel Manufacturing Co. Ltd.

 

14,339

 

600

 

Yamato Kogyo Co. Ltd.

 

18,593

 

2,000

 

Yodogawa Steel Works Ltd.

 

9,517

 

 

 

 

 

678,109

 

 

 

Luxembourg—9.1%

 

 

 

6,161

 

ArcelorMittal

 

220,552

 

1,667

 

Ternium S.A. ADR

 

34,007

 

 

 

 

 

254,559

 

 

 

Mexico—0.5%

 

 

 

3,600

 

Industrias CH SAB de CV, Series B*

 

12,664

 

 

 

 

 

 

 

 

 

Russia—3.6%

 

 

 

2,950

 

Evraz Group S.A. GDR

 

64,900

 

3,460

 

Mechel ADR

 

36,953

 

 

 

 

 

101,853

 

 

 

South Africa—4.2%

 

 

 

3,700

 

ArcelorMittal South Africa Ltd.

 

47,201

 

2,636

 

Kumba Iron Ore Ltd.

 

69,608

 

 

 

 

 

116,809

 

 

 

South Korea—10.8%

 

 

 

510

 

Dongkuk Steel Mill Co. Ltd.

 

13,163

 

706

 

Hyundai Steel Co.

 

41,272

 

607

 

POSCO

 

248,099

 

 

 

 

 

302,534

 

 

 

Spain—1.8%

 

 

 

2,114

 

Acerinox S.A.

 

41,720

 

1,093

 

Tubacex S.A.

 

4,045

 

1,435

 

Tubos Reunidos S.A.

 

3,967

 

 

 

 

 

49,732

 

 

 

Sweden—0.9%

 

 

 

1,978

 

SSAB AB, Series A

 

25,657

 

 

 

 

 

 

 

 

 

Taiwan—4.1%

 

 

 

104,214

 

China Steel Corp.

 

100,695

 

5,000

 

Feng Hsin Iron & Steel Co.

 

7,666

 

7,000

 

Tung Ho Steel Enterprise Corp.

 

7,446

 

 

 

 

 

115,807

 

 

 

Turkey—1.1%

 

 

 

9,550

 

Eregli Demir ve Celik Fabrikalari TAS

 

31,252

 

 



 

 

 

United States—10.9%

 

 

 

911

 

AK Steel Holding Corp.

 

$

17,919

 

801

 

Allegheny Technologies, Inc.

 

21,691

 

362

 

Carpenter Technology Corp.

 

6,766

 

1,068

 

Cliffs Natural Resources, Inc.

 

29,253

 

923

 

Commercial Metals Co.

 

15,266

 

2,313

 

Nucor Corp.

 

102,859

 

602

 

Reliance Steel & Aluminum Co.

 

20,293

 

231

 

Schnitzer Steel Industries, Inc., Class A

 

12,421

 

1,513

 

Steel Dynamics, Inc.

 

24,753

 

1,162

 

United States Steel Corp.

 

46,189

 

648

 

Worthington Industries, Inc.

 

8,567

 

 

 

 

 

305,977

 

 

 

Total Common Stocks and Other Equity Interests
(Cost $2,958,270)

 

2,804,437

 

 

 

 

 

 

 

 

 

Money Market Fund—0.3%

 

 

 

8,613

 

Goldman Sachs Financial Square Prime Obligations Institutional Share Class
(Cost $8,613)

 

8,613

 

 

 

 

 

 

 

 

 

Total Investments
(Cost $2,966,883)(a)—100.0%

 

2,813,050

 

 

 

Liabilities in excess of other assets—(0.0%)

 

(1,267

)

 

 

 

 

 

 

 

 

Net Assets—100.0%

 

$

2,811,783

 

 


ADR American Depositary Receipt

GDR Global Depositary Receipt

* Non-income producing security.

 

(a)  At July 31, 2009, the aggregate cost of investments for Federal income tax purposes was $3,021,117.  The net unrealized depreciation was $208,067, which consisted of aggregate gross unrealized appreciation of $141,888 and aggregate gross unrealized depreciation of $349,955.

 

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

 



 

 

 

Schedule of Investments

 

 

PowerShares Global Water Portfolio

 

 

July 31, 2009 (Unaudited)

 

Number

 

 

 

 

 

of Shares

 

 

 

Value

 

 

 

Common Stocks—99.8%

 

 

 

 

 

Austria—0.7%

 

 

 

478,622

 

Christ Water Technology AG *

 

$

1,662,487

 

 

 

 

 

 

 

 

 

Brazil—1.8%

 

 

 

263,200

 

Cia de Saneamento Basico do Estado de Sao Paulo

 

4,403,847

 

 

 

 

 

 

 

 

 

Canada—5.4%

 

 

 

265,196

 

GLV, Inc., Class A *

 

1,842,218

 

447,807

 

Stantec, Inc. *

 

11,216,921

 

 

 

 

 

13,059,139

 

 

 

Finland—9.4%

 

 

 

1,166,117

 

Kemira Oyj

 

14,879,361

 

574,328

 

Uponor Oyj

 

7,808,691

 

 

 

 

 

22,688,052

 

 

 

France—10.3%

 

 

 

634,811

 

Suez Environnement S.A.

 

12,033,044

 

373,234

 

Veolia Environnement

 

12,768,449

 

 

 

 

 

24,801,493

 

 

 

Germany—3.0%

 

 

 

15,395

 

KSB AG

 

7,311,797

 

 

 

 

 

 

 

 

 

Hong Kong—1.8%

 

 

 

7,845,909

 

Guangdong Investment Ltd.

 

4,393,681

 

 

 

 

 

 

 

 

 

Italy—1.4%

 

 

 

307,244

 

ACEA SpA

 

3,476,049

 

 

 

 

 

 

 

 

 

Japan—11.8%

 

 

 

1,919,000

 

Ebara Corp. *

 

6,168,538

 

358,300

 

Kurita Water Industries Ltd.

 

11,818,499

 

1,426,000

 

Organo Corp.

 

10,366,007

 

 

 

 

 

28,353,044

 

 

 

Malaysia—1.5%

 

 

 

4,027,200

 

Puncak Niaga Holding Bhd

 

3,658,493

 

 

 

 

 

 

 

 

 

Netherlands—5.7%

 

 

 

729,938

 

Arcadis N.V.

 

13,701,673

 

 

 

 

 

 

 

 

 

Singapore—5.8%

 

 

 

7,699,000

 

Hyflux Ltd.

 

14,094,768

 

 



 

 

 

Spain—1.7%

 

 

 

170,803

 

Sociedad General de Aguas de Barcelona S.A., Class A

 

$

4,058,534

 

 

 

 

 

 

 

 

 

Switzerland—3.2%

 

 

 

54,839

 

Geberit AG

 

7,597,208

 

 

 

 

 

 

 

 

 

United Kingdom—6.6%

 

 

 

2,147,711

 

Halma PLC

 

6,800,711

 

360,569

 

Severn Trent PLC

 

5,789,395

 

443,441

 

United Utilities Group PLC

 

3,313,727

 

 

 

 

 

15,903,833

 

 

 

United States—29.7%

 

 

 

200,122

 

American Water Works Co., Inc.

 

3,944,405

 

223,189

 

Aqua America, Inc.

 

4,030,793

 

109,692

 

Danaher Corp.

 

6,717,538

 

123,652

 

Itron, Inc. *

 

6,450,925

 

152,468

 

ITT Corp.

 

7,531,919

 

695,928

 

Nalco Holding Co.

 

12,310,967

 

266,510

 

Pentair, Inc.

 

7,281,053

 

392,815

 

Tetra Tech, Inc. *

 

11,831,588

 

160,604

 

Valmont Industries, Inc.

 

11,534,579

 

 

 

 

 

71,633,767

 

 

 

Total Investments
(Cost $264,479,905)(a)—99.8%

 

240,797,865

 

 

 

Other assets less liabilities—0.2%

 

586,478

 

 

 

 

 

 

 

 

 

Net Assets—100.0%

 

$

241,384,343

 

 


 

 

*   Non-income producing security.

 

(a)  At July 31, 2009, the aggregate cost of investments for Federal income tax purposes was $280,733,279.  The net unrealized depreciation was $39,935,414, which consisted of aggregate gross unrealized appreciation of $8,938,369 and aggregate gross unrealized depreciation of $48,873,783.

 

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

 



 

 

 

Schedule of Investments

PowerShares Global Wind Energy Portfolio

July 31, 2009 (Unaudited)

 

 

 

 

 

 

 

 

 

Number

 

 

 

 

 

of Shares

 

 

 

Value

 

 

 

Common Stocks and Other Equity Interests—96.9%

 

 

 

 

 

Belgium—3.4%

 

 

 

662,097

 

Hansen Transmissions International N.V. *

 

$

1,481,837

 

 

 

 

 

 

 

 

 

Bermuda—4.1%

 

 

 

14,780,000

 

China WindPower Group Ltd. *

 

1,792,659

 

 

 

 

 

 

 

 

 

Canada—4.3%

 

 

 

408,000

 

Canadian Hydro Developers, Inc. *

 

1,898,289

 

 

 

 

 

 

 

 

 

China—4.4%

 

 

 

777,000

 

China High Speed Transmission Equipment Group Co., Ltd.

 

1,946,999

 

 

 

 

 

 

 

 

 

Denmark—11.7%

 

 

 

192,624

 

Greentech Energy Systems A/S *

 

971,950

 

60,003

 

Vestas Wind Systems A/S *

 

4,204,443

 

 

 

 

 

5,176,393

 

 

 

France—4.2%

 

 

 

37,443

 

EDF Energies Nouvelles S.A.

 

1,863,808

 

 

 

 

 

 

 

 

 

Germany—10.8%

 

 

 

18,608

 

E.ON AG

 

700,692

 

100,736

 

Nordex AG *

 

1,618,133

 

10,954

 

REpower Systems AG *

 

1,739,674

 

9,018

 

Siemens AG

 

715,975

 

 

 

 

 

4,774,474

 

 

 

Japan—5.4%

 

 

 

444

 

Japan Wind Development Co., Ltd.

 

1,884,301

 

47,000

 

Mitsubishi Heavy Industries Ltd.

 

187,121

 

1,265

 

Mitsui & Co., Ltd. ADR

 

315,225

 

 

 

 

 

2,386,647

 

 

 

Spain—32.8%

 

 

 

881

 

Acciona S.A.

 

105,856

 

413,709

 

EDP Renovaveis S.A. *

 

4,225,406

 

14,674

 

Endesa S.A.

 

387,788

 

496,803

 

Fersa Energias Renovables S.A.

 

1,429,815

 

196,481

 

Gamesa Corporacion Tecnologica S.A.

 

4,228,555

 

889,229

 

Iberdrola Renovables S.A.

 

4,084,682

 

 

 

 

 

14,462,102

 

 

 

Switzerland—3.3%

 

 

 

32,100

 

ABB Ltd. ADR

 

586,788

 

1,873

 

Gurit Holding AG

 

878,853

 

 

 

 

 

1,465,641

 

 



 

 

 

United Kingdom—2.4%

 

 

 

70,795

 

Centrica PLC

 

$

258,502

 

520,364

 

Clipper Windpower PLC *

 

720,342

 

21,050

 

International Power PLC

 

89,076

 

 

 

 

 

1,067,920

 

 

 

United States—10.1%

 

 

 

9,234

 

AES Corp. (The) *

 

118,103

 

58,000

 

American Superconductor Corp. *

 

1,865,860

 

5,668

 

FPL Group, Inc.

 

321,206

 

48,710

 

General Electric Co.

 

652,714

 

6,295

 

Xcel Energy, Inc.

 

125,522

 

137,759

 

Zoltek Cos., Inc. *

 

1,366,569

 

 

 

 

 

4,449,974

 

 

 

Total Common Stocks and Other Equity Interests
(Cost $36,060,107)

 

42,766,743

 

 

 

 

 

 

 

 

 

Money Market Fund—0.1%

 

 

 

39,152

 

Goldman Sachs Financial Square Prime Obligations Institutional Share Class
(Cost $39,152)

 

39,152

 

 

 

 

 

 

 

 

 

Total Investments
(Cost $36,099,259)(a)—97.0%

 

42,805,895

 

 

 

Other assets less liabilities—3.0%

 

1,323,859

 

 

 

 

 

 

 

 

 

Net Assets—100.0%

 

$

44,129,754

 

 


 

 

ADR American Depositary Receipt

 

 

 

 

 

* Non-income producing security.

 

 

 

 

 

 

 

 

 

 

 

(a) At July 31, 2009, the aggregate cost of investments for Federal income tax purposes was $36,968,703. The net unrealized appreciation was $5,837,192, which consisted of aggregate gross unrealized appreciation of $7,825,767 and aggregate gross unrealized depreciation of $1,988,575.

 

 

 

 

 

 

 

 

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

 



 

 

 

Schedule of Investments

PowerShares MENA Frontier Countries Portfolio

July 31, 2009 (Unaudited)

 

 

 

 

 

 

 

 

 

Number

 

 

 

 

 

of Shares

 

 

 

Value

 

 

 

 

 

 

 

 

 

Common Stocks—99.8%

 

 

 

 

 

Egypt—22.3%

 

 

 

70,483

 

Commercial International Bank

 

$

619,077

 

2,844

 

Eastern Tobacco

 

62,560

 

6,981

 

Egyptian Co. for Mobile Services

 

264,682

 

70,424

 

Egyptian Financial Group-Hermes Holding SAE

 

318,990

 

134,473

 

Egyptian Kuwaiti Holding Co.

 

258,188

 

10,729

 

ElSwedy Cables Holding Co.

 

137,381

 

23,790

 

Maridive & Oil Services SAE

 

95,160

 

20,763

 

Orascom Construction Industries

 

792,347

 

107,766

 

Orascom Telecom Holding SAE *

 

705,102

 

82,270

 

Telecom Egypt

 

258,614

 

 

 

 

 

3,512,101

 

 

 

Jordan—16.3%

 

 

 

77,865

 

Arab Bank

 

1,385,243

 

56,004

 

Jordan Petroleum Refinery Co.

 

627,055

 

20,643

 

Jordan Phosphate Mines

 

552,326

 

 

 

 

 

2,564,624

 

 

 

Kuwait—22.1%

 

 

 

60,000

 

Boubyan Bank KSC *

 

102,296

 

55,000

 

Boubyan Petrochemicals Co.

 

83,246

 

55,000

 

Burgan Bank SAK *

 

68,894

 

180,000

 

Commercial Real Estate Co.

 

82,672

 

125,080

 

Kuwait Finance House

 

539,663

 

60,000

 

Kuwait Investment Projects Co. Holding

 

110,647

 

297,500

 

Mobile Telecommunications Co. KSC

 

1,304,279

 

162,000

 

National Bank of Kuwait

 

687,683

 

132,500

 

National Industries Group Holding

 

214,379

 

70,000

 

Agility DGS *

 

282,533

 

 

 

 

 

3,476,292

 

 

 

Morocco—10.9%

 

 

 

38,280

 

Douja Promotion Groupe Addoha S.A.

 

647,898

 

58,963

 

Maroc Telecom

 

1,064,494

 

 

 

 

 

1,712,392

 

 

 

Oman—4.7%

 

 

 

186,320

 

Bank Muscat SAOG

 

352,707

 

79,428

 

Oman Telecommunications Co.

 

274,110

 

69,708

 

Renaissance Services SAOG

 

122,908

 

 

 

 

 

749,725

 

 

 

Qatar—7.3%

 

 

 

42,370

 

Al Khaliji *

 

193,170

 

23,167

 

Barwa Real Estate Co. *

 

197,881

 

 



 

129,733

 

Masraf Al Rayan

 

$

427,568

 

48,895

 

Qatar Gas Transport Co. Ltd. (Nakilat) *

 

326,320

 

 

 

 

 

1,144,939

 

 

 

United Arab Emirates—16.2%

 

 

 

1,153,259

 

Air Arabia

 

313,983

 

236,460

 

Arabtec Holding Co.

 

175,752

 

1,663,514

 

DP World Ltd.

 

598,865

 

639,547

 

Dubai Financial Market

 

299,488

 

300,760

 

Dubai Investments PJSC *

 

98,261

 

218,253

 

Dubai Islamic Bank

 

150,335

 

1,229,198

 

Emaar Properties PJSC *

 

916,963

 

 

 

 

 

2,553,647

 

 

 

Total Common Stocks
(Cost $17,907,365)

 

15,713,720

 

 

 

 

 

 

 

 

 

 

Principal

 

 

Interest

 

Maturity

 

 

 

Amount

 

 

Rate

 

Date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Convertible Bond—0.1%

 

 

 

 

 

 

 

 

Oman—0.1%

 

 

 

 

 

 

$

3,199

 

Bank Muscat

 

 

 

 

 

 

 

 

(Cost $8,310)

7.00

%

03/20/14

 

7,979

 

 

 

 

 

 

 

 

 

 

Number

 

 

 

 

 

 

 

 

of Shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money Market Fund—0.1%

 

 

 

 

 

 

21,281

 

Goldman Sachs Financial Square Prime Obligations Institutional Share Class
(Cost $21,281)

 

21,281

 

 

 

 

 

 

 

 

 

 

 

 

Total Investments
(Cost $17,936,956)(a)—100.0%

 

 

 

 

15,742,980

 

 

 

Liabilities in excess of other assets—(0.0%)

 

 

 

 

(653

)

 

 

 

 

 

 

 

 

 

 

 

Net Assets—100.0%

 

 

 

 

$

15,742,327

 

 


 

 

*     Non-income producing security.

 

 

 

 

 

 

 

 

 

 

 

(a)  At July 31, 2009, the aggregate cost of investments for Federal income tax purposes was $19,193,774. The net unrealized depreciation was $3,450,794 which consisted of aggregate gross unrealized appreciation of $425,916 and aggregate gross unrealized depreciation of $3,876,710.

 

 

 

 

 

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

 



 

 

 

Schedule of Investments

PowerShares 1-30 Laddered Treasury Portfolio

July 31, 2009 (Unaudited)

 

 

 

 

 

 

 

 

 

Principal

 

 

 

 

 

Amount

 

 

 

Value

 

 

 

 

 

 

 

 

 

United States Government Obligations—98.5%

 

 

 

 

 

United States Treasury Bonds—68.2%

 

 

 

$

1,415,000

 

8.875%, 02/15/19

 

$

2,017,039

 

1,423,000

 

8.500%, 02/15/20

 

2,003,985

 

1,476,000

 

7.875%, 02/15/21

 

2,009,667

 

1,426,000

 

8.000%, 11/15/21

 

1,974,565

 

1,512,000

 

7.125%, 02/15/23

 

1,981,665

 

1,624,000

 

6.250%, 08/15/23

 

1,985,848

 

1,391,000

 

7.625%, 02/15/25

 

1,941,314

 

1,618,000

 

6.000%, 02/15/26

 

1,956,264

 

1,520,000

 

6.625%, 02/15/27

 

1,964,126

 

1,561,000

 

6.125%, 11/15/27

 

1,925,397

 

1,739,000

 

5.250%, 02/15/29

 

1,955,017

 

1,520,000

 

6.250%, 05/15/30

 

1,926,126

 

5,113,000

 

5.375%, 02/15/31

 

5,871,165

 

5,550,000

 

4.500%, 02/15/36

 

5,721,706

 

1,773,000

 

4.750%, 02/15/37

 

1,899,605

 

1,860,000

 

4.375%, 02/15/38

 

1,878,020

 

2,125,000

 

3.500%, 02/15/39

 

1,837,133

 

 

 

 

 

40,848,642

 

 

 

United States Treasury Notes—30.3%

 

 

 

2,003,000

 

3.500%, 02/15/10

 

2,037,193

 

1,916,000

 

4.500%, 02/28/11

 

2,025,423

 

1,872,000

 

4.625%, 02/29/12

 

2,025,856

 

1,906,000

 

3.875%, 02/15/13

 

2,037,188

 

1,886,000

 

4.000%, 02/15/14

 

2,022,147

 

1,889,000

 

4.000%, 02/15/15

 

2,012,818

 

1,842,000

 

4.500%, 02/15/16

 

2,006,054

 

1,819,000

 

4.625%, 02/15/17

 

1,988,680

 

1,961,000

 

3.500%, 02/15/18

 

1,975,709

 

 

 

 

 

18,131,068

 

 

 

 

 

 

 

 

 

Total Investments
(Cost $60,277,866)(a)—98.5%

 

58,979,710

 

 

 

Other assets less liabilities—1.5%

 

900,673

 

 

 

 

 

 

 

 

 

 

Net Assets—100.0%

 

$

59,880,383

 

 


 

(a)

At July 31, 2009, the aggregate cost of investments for Federal income tax purposes was $60,286,942. The net unrealized depreciation was $1,307,232, which consisted of aggregate gross unrealized appreciation of $54,015 and aggregate gross unrealized depreciation of $1,361,247.

 

 

 

 

 

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

 



 

 

 

Schedule of Investments

PowerShares Autonomic Balanced Growth NFA Global Asset Portfolio

July 31, 2009 (Unaudited)

 

 

 

 

 

 

 

 

 

Number

 

 

 

 

 

of Shares

 

 

 

Value

 

 

 

 

 

 

 

 

 

Exchange Traded Funds —99.9%

 

 

 

 

 

Commodity Funds—0.4%

 

 

 

857

 

PowerShares DB Gold Fund* (/)

 

$

29,387

 

346

 

PowerShares DB Oil Fund* (/)

 

8,944

 

 

 

 

 

38,331

 

 

 

Currency Fund—0.2%

 

 

 

668

 

PowerShares DB G10 Currency Harvest Fund* (/)

 

14,749

 

 

 

 

 

 

 

 

 

Domestic Equity Funds—48.1%

 

 

 

9,222

 

DJ Wilshire REIT ETF

 

345,917

 

102,642

 

PowerShares Dynamic Large Cap Growth Portfolio (=)

 

1,272,761

 

21,728

 

PowerShares Dynamic Large Cap Portfolio (=)

 

427,172

 

84,315

 

PowerShares Dynamic Large Cap Value Portfolio (=)

 

1,281,588

 

23,562

 

PowerShares Dynamic Mid Cap Growth Portfolio* (=)

 

353,666

 

43,393

 

PowerShares Dynamic Mid Cap Value Portfolio (=)

 

532,432

 

10,695

 

PowerShares Dynamic Small Cap Growth Portfolio (=)

 

126,522

 

11,605

 

PowerShares Dynamic Small Cap Value Portfolio (=)

 

134,850

 

6,460

 

PowerShares Zacks Micro Cap Portfolio (=)

 

59,044

 

 

 

 

 

4,533,952

 

 

 

Fixed Income Funds—23.2%

 

 

 

680

 

iShares Barclays 1-3 Year Treasury Bond Fund

 

56,909

 

2,105

 

iShares Barclays 7-10 Year Treasury Bond Fund

 

191,913

 

1,966

 

iShares Barclays MBS Bond Fund

 

208,455

 

1,726

 

iShares Barclays TIPS Bond Fund

 

174,913

 

2,599

 

iShares iBoxx $ Investment Grade Corporate Bond Fund

 

271,492

 

26,435

 

PowerShares 1-30 Laddered Treasury Portfolio (=)

 

719,825

 

7,270

 

PowerShares Emerging Markets Sovereign Debt Portfolio (=)

 

176,734

 

3,391

 

SPDR Barclays Capital High Yield Bond ETF

 

125,738

 

4,617

 

SPDR Barclays Capital International Treasury Bond ETF

 

260,260

 

 

 

 

 

2,186,239

 

 

 

International Equity Funds—28.0%

 

 

 

1,826

 

iShares MSCI EAFE Index Fund

 

92,049

 

1,366

 

iShares MSCI Emerging Markets Index Fund

 

48,794

 

27,677

 

iShares MSCI Japan Index Fund

 

273,172

 

11,477

 

iShares S&P Europe 350 Index Fund

 

399,514

 

3,182

 

PowerShares FTSE RAFI Asia Pacific ex-Japan Portfolio (=)

 

129,667

 

11,466

 

PowerShares FTSE RAFI Developed Markets ex-U.S. Portfolio (=)

 

397,182

 

912

 

PowerShares FTSE RAFI Japan Portfolio (=)

 

34,373

 

11,022

 

Vanguard Emerging Markets ETF

 

388,966

 

9,810

 

Vanguard ETF European

 

439,979

 

13,733

 

Vanguard Europe Pacific ETF

 

433,688

 

 

 

 

 

2,637,384

 

 

 

Total Exchange Traded Funds
(Cost $9,619,988)

 

9,410,655

 

 



 

 

 

Money Market Fund—0.1%

 

 

 

8,384

 

Goldman Sachs Financial Square Prime Obligations Institutional Share Class
(Cost $8,384)

 

$

8,384

 

 

 

 

 

 

 

 

 

Total Investments
(Cost $9,628,372)(a)—100.0%

 

9,419,039

 

 

 

Liabilities in excess of other assets—(0.0%)

 

(1,464

)

 

 

 

 

 

 

 

 

Net Assets—100.0%

 

$

9,417,575

 

 


ETF

 

- Exchange Traded Fund

 

 

 

REIT

 

- Real Estate Investment Trust

 

 

 

 

 

 

 

 

 

*

 

Non-income producing security.

 

 

 

(/)

 

Not considered to be affiliated.

 

 

 

(=)

 

The Fund and the PowerShares exchange traded funds have the same investment adviser and therefore, are considered to be affiliated. The table below shows the transactions in and earnings for the investments in the affiliated exchange traded funds for the nine months ended July 31, 2009.

 

 

 

 

 

 

 

 

 

Change in

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized

 

 

 

 

 

 

 

 

 

Value

 

Purchases at

 

Proceeds from

 

Appreciation

 

Realized

 

Value

 

Dividend

 

 

 

10/31/08

 

Cost

 

Sales

 

(Depreciation)

 

Gain (Loss)

 

07/31/09

 

Income

 

PowerShares 1-30 Laddered Treasury Portfolio

 

$

196,856

 

$

574,665

 

$

(20,047

)

$

(33,264

)

$

1,615

 

$

719,825

 

$

11,624

 

PowerShares Dynamic Large Cap Growth Portfolio

 

573,339

 

599,421

 

(6,363

)

110,951

 

(4,587

)

1,272,761

 

7,029

 

PowerShares Dynamic Large Cap Portfolio

 

347,202

 

65,916

 

(7,834

)

25,542

 

(3,654

)

427,172

 

4,885

 

PowerShares Dynamic Large Cap Value Portfolio

 

683,834

 

543,142

 

(8,233

)

66,409

 

(3,564

)

1,281,588

 

13,822

 

PowerShares Dynamic Mid Cap Growth Portfolio

 

346,446

 

218,016

 

(218,008

)

161,929

 

(154,717

)

353,666

 

 

PowerShares Dynamic Mid Cap Value Portfolio

 

203,017

 

287,648

 

(18,225

)

69,404

 

(9,412

)

532,432

 

6,460

 

PowerShares Dynamic Small Cap Growth Portfolio

 

257,906

 

27,353

 

(153,985

)

66,356

 

(71,108

)

126,522

 

334

 

PowerShares Dynamic Small Cap Value Portfolio

 

316,236

 

41,330

 

(206,074

)

89,523

 

(106,165

)

134,850

 

2,520

 

PowerShares Emerging Markets Sovereign Debt Portfolio

 

434,740

 

140,487

 

(488,037

)

168,573

 

(79,029

)

176,734

 

9,554

 

PowerShares FTSE RAFI Asia Pacific ex-Japan Portfolio

 

232,708

 

27,094

 

(176,226

)

159,106

 

(113,015

)

129,667

 

4,953

 

PowerShares FTSE RAFI Developed Markets ex-U.S. Portfolio

 

309,763

 

55,706

 

(44,464

)

95,066

 

(18,889

)

397,182

 

6,459

 

PowerShares FTSE RAFI Japan Portfolio

 

38,959

 

73,757

 

(88,379

)

6,855

 

3,181

 

34,373

 

757

 

PowerShares Zacks Micro Cap Portfolio

 

119,160

 

21,346

 

(71,604

)

34,254

 

(44,112

)

59,044

 

512

 

Total Investments in Affiliates

 

4,060,166

 

2,675,881

 

(1,507,479

)

1,020,704

 

(603,456

)

5,645,816

 

68,909

 

 

(a)

 

At July 31, 2009, the aggregate cost of investments for Federal income tax purposes was $9,757,979. The net unrealized depreciation was $338,940 which consisted of aggregate gross unrealized appreciation of $218,916 and aggregate gross unrealized depreciation of $557,856.

 

 

 

 

 

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

 



 

 

 

Schedule of Investments
PowerShares Autonomic Balanced NFA Global Asset Portfolio
July 31, 2009 (Unaudited)

 

 

 

 

 

 

 

 

 

Number

 

 

 

 

 

of Shares

 

 

 

Value

 

 

 

Exchange Traded Funds—100.0%

 

 

 

 

 

Commodity Funds—0.6%

 

 

 

1,435

 

PowerShares DB Gold Fund * (/)

 

$

49,206

 

368

 

PowerShares DB Oil Fund * (/)

 

9,513

 

 

 

 

 

58,719

 

 

 

Currency Fund—0.5%

 

 

 

2,095

 

PowerShares DB G10 Currency Harvest Fund * (/)

 

46,258

 

 

 

 

 

 

 

 

 

Domestic Equity Funds—41.3%

 

 

 

9,528

 

DJ Wilshire REIT ETF

 

357,395

 

89,803

 

PowerShares Dynamic Large Cap Growth Portfolio (=)

 

1,113,557

 

23,343

 

PowerShares Dynamic Large Cap Portfolio (=)

 

458,923

 

79,756

 

PowerShares Dynamic Large Cap Value Portfolio (=)

 

1,212,292

 

19,372

 

PowerShares Dynamic Mid Cap Growth Portfolio* (=)

 

290,774

 

35,752

 

PowerShares Dynamic Mid Cap Value Portfolio (=)

 

438,677

 

7,857

 

PowerShares Dynamic Small Cap Growth Portfolio (=)

 

92,948

 

10,348

 

PowerShares Dynamic Small Cap Value Portfolio (=)

 

120,244

 

5,041

 

PowerShares Zacks Micro Cap Portfolio (=)

 

46,075

 

 

 

 

 

4,130,885

 

 

 

Fixed Income Funds—37.4%

 

 

 

5,076

 

iShares Barclays 1-3 Year Treasury Bond Fund

 

424,810

 

4,504

 

iShares Barclays 7-10 Year Treasury Bond Fund

 

410,630

 

4,126

 

iShares Barclays MBS Bond Fund

 

437,480

 

3,133

 

iShares Barclays TIPS Bond Fund

 

317,498

 

4,219

 

iShares iBoxx $ Investment Grade Corporate Bond Fund

 

440,717

 

30,783

 

PowerShares 1-30 Laddered Treasury Portfolio (=)

 

838,221

 

9,424

 

PowerShares Emerging Markets Sovereign Debt Portfolio (=)

 

229,097

 

4,261

 

SPDR Barclays Capital High Yield Bond ETF

 

157,998

 

7,559

 

SPDR Barclays Capital International Treasury Bond ETF

 

426,101

 

664

 

Vanguard Short-Term Bond ETF

 

52,815

 

 

 

 

 

3,735,367

 

 

 

International Equity Funds—20.2%

 

 

 

34,402

 

iShares MSCI Japan Index Fund

 

339,548

 

5,572

 

iShares S&P Europe 350 Index Fund

 

193,961

 

3,178

 

PowerShares FTSE RAFI Asia Pacific ex-Japan Portfolio (=)

 

129,504

 

8,482

 

PowerShares FTSE RAFI Developed Markets ex-U.S. Portfolio (=)

 

293,816

 

8,780

 

Vanguard Emerging Markets ETF

 

309,846

 

10,545

 

Vanguard ETF European

 

472,943

 

9,030

 

Vanguard Europe Pacific ETF

 

285,167

 

 

 

 

 

2,024,785

 

 

 

Total Exchange Traded Funds
(Cost $9,580,258)

 

9,996,014

 

 



 

 

 

Money Market Fund—0.2%

 

 

 

19,828

 

Goldman Sachs Financial Square Prime Obligations Institutional Share Class
(Cost $19,828)

 

$

19,828

 

 

 

 

 

 

 

 

 

Total Investments
(Cost $9,600,086)(a)—100.2%

 

10,015,842

 

 

 

Liabilities in excess of other assets—(0.2%)

 

(17,644

)

 

 

 

 

 

 

 

 

Net Assets—100.0%

 

$

9,998,198

 

 


ETF

 

- Exchange Traded Fund

REIT

 

- Real Estate Investment Trust

 

 

 

*

 

Non-income producing security.

(/)

 

Not considered to be affiliated.

(=)

 

The Fund and the PowerShares exchange traded funds have the same investment adviser and therefore, are considered to be affiliated. The table below shows the transactions in and earnings for the investments in the affiliated exchange traded funds for the nine months ended July 31, 2009.

 

 

 

 

 

 

 

 

 

Change in

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized

 

 

 

 

 

 

 

 

 

Value

 

Purchases at

 

Proceeds from

 

Appreciation

 

Realized

 

Value

 

Dividend

 

 

 

10/31/08

 

Cost

 

Sales

 

(Depreciation)

 

Gain (Loss)

 

07/31/09

 

Income

 

PowerShares 1-30 Laddered Treasury Portfolio

 

$

462,644

 

$

702,213

 

$

(313,124

)

$

(19,878

)

$

6,366

 

$

838,221

 

$

16,933

 

PowerShares Dynamic Large Cap Growth Portfolio

 

375,088

 

748,014

 

(127,147

)

174,348

 

(56,746

)

1,113,557

 

5,735

 

PowerShares Dynamic Large Cap Portfolio

 

325,386

 

161,672

 

(60,187

)

31,822

 

230

 

458,923

 

5,502

 

PowerShares Dynamic Large Cap Value Portfolio

 

515,328

 

729,716

 

(140,970

)

90,157

 

18,061

 

1,212,292

 

14,552

 

PowerShares Dynamic Mid Cap Growth Portfolio

 

290,401

 

244,095

 

(254,740

)

139,235

 

(128,217

)

290,774

 

 

PowerShares Dynamic Mid Cap Value Portfolio

 

190,419

 

483,801

 

(262,819

)

126,751

 

(99,475

)

438,677

 

5,137

 

PowerShares Dynamic Small Cap Growth Portfolio

 

187,230

 

65,463

 

(158,254

)

56,440

 

(57,931

)

92,948

 

290

 

PowerShares Dynamic Small Cap Value Portfolio

 

264,426

 

100,956

 

(229,028

)

99,713

 

(115,823

)

120,244

 

2,261

 

PowerShares Emerging Markets Sovereign Debt Portfolio

 

473,749

 

351,019

 

(726,689

)

199,514

 

(68,496

)

229,097

 

17,007

 

PowerShares FTSE RAFI Asia Pacific ex-Japan Portfolio

 

193,468

 

78,659

 

(179,421

)

151,198

 

(114,400

)

129,504

 

4,162

 

PowerShares FTSE RAFI Developed Markets ex-U.S. Portfolio

 

217,723

 

114,920

 

(112,679

)

97,035

 

(23,183

)

293,816

 

4,962

 

PowerShares Zacks Micro Cap Portfolio

 

93,932

 

30,761

 

(71,202

)

30,819

 

(38,235

)

46,075

 

440

 

Total Investments in Affiliates

 

3,589,794

 

3,811,289

 

(2,636,260

)

1,177,154

 

(677,849

)

5,264,128

 

76,981

 

 

(a)

 

At July 31, 2009, the aggregate cost of investments for Federal income tax purposes was $9,757,511.  The net unrealized appreciation was $258,331 which consisted of aggregate gross unrealized appreciation of $529,063 and aggregate gross unrealized depreciation of $270,732.

 

 

 

 

 

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

 



 

 

 

Schedule of Investments
PowerShares Autonomic Growth NFA Global Asset Portfolio
July 31, 2009 (Unaudited)

 

 

 

 

 

 

 

 

 

Number

 

 

 

 

 

of Shares

 

 

 

Value

 

 

 

Exchange Traded Funds—99.7%

 

 

 

 

 

Commodity Funds—0.3%

 

 

 

481

 

PowerShares DB Gold Fund * (/)

 

$

16,494

 

359

 

PowerShares DB Oil Fund * (/)

 

9,280

 

 

 

 

 

25,774

 

 

 

Currency Fund—0.0%

 

 

 

167

 

PowerShares DB G10 Currency Harvest Fund * (/)

 

3,687

 

 

 

 

 

 

 

 

 

Domestic Equity Funds—54.2%

 

 

 

9,358

 

DJ Wilshire REIT ETF

 

351,019

 

124,999

 

PowerShares Dynamic Large Cap Growth Portfolio (=)

 

1,549,987

 

22,557

 

PowerShares Dynamic Large Cap Portfolio (=)

 

443,471

 

96,689

 

PowerShares Dynamic Large Cap Value Portfolio (=)

 

1,469,673

 

14,946

 

PowerShares Dynamic Mid Cap Growth Portfolio * (=)

 

224,339

 

24,702

 

PowerShares Dynamic Mid Cap Portfolio (=)

 

444,636

 

36,559

 

PowerShares Dynamic Mid Cap Value Portfolio (=)

 

448,579

 

15,417

 

PowerShares Dynamic Small Cap Growth Portfolio (=)

 

182,383

 

13,646

 

PowerShares Dynamic Small Cap Value Portfolio (=)

 

158,567

 

9,143

 

PowerShares Zacks Micro Cap Portfolio (=)

 

83,567

 

 

 

 

 

5,356,221

 

 

 

Fixed Income Funds—9.1%

 

 

 

64

 

iShares Barclays 7-10 Year Treasury Bond Fund

 

5,835

 

373

 

iShares Barclays 20+ Year Treasury Bond Fund

 

35,364

 

504

 

iShares Barclays MBS Bond Fund

 

53,439

 

619

 

iShares Barclays TIPS Bond Fund

 

62,729

 

930

 

iShares iBoxx $ Investment Grade Corporate Bond Fund

 

97,148

 

12,689

 

PowerShares 1-30 Laddered Treasury Portfolio (=)

 

345,522

 

4,892

 

PowerShares Emerging Markets Sovereign Debt Portfolio (=)

 

118,925

 

2,292

 

SPDR Barclays Capital High Yield Bond ETF

 

84,987

 

1,763

 

SPDR Barclasy Capital International Treasury Bond ETF

 

99,380

 

 

 

 

 

903,329

 

 

 

International Equity Funds—36.1%

 

 

 

8,910

 

iShares MSCI EAFE Index Fund

 

449,153

 

5,147

 

iShares MSCI Emerging Markets Index Fund

 

183,851

 

23,945

 

iShares MSCI Japan Index Fund

 

236,337

 

12,729

 

iShares S&P Europe 350 Index Fund

 

443,096

 

2,868

 

PowerShares FTSE RAFI Asia Pacific ex-Japan Portfolio (=)

 

116,871

 

23,052

 

PowerShares FTSE RAFI Developed Markets ex-U.S. Portfolio (=)

 

798,522

 

205

 

PowerShares FTSE RAFI Japan Portfolio (=)

 

7,726

 

12,253

 

Vanguard Emerging Markets ETF

 

432,408

 

10,183

 

Vanguard ETF European

 

456,708

 

14,257

 

Vanguard Europe Pacific ETF

 

450,236

 

 

 

 

 

3,574,908

 

 

 

Total Exchange Traded Funds
(Cost $9,907,165)

 

9,863,919

 

 



 

 

 

Money Market Fund—0.3%

 

 

 

26,776

 

Goldman Sachs Financial Square Prime Obligations Institutional Share Class
(Cost $26,776)

 

$

26,776

 

 

 

 

 

 

 

 

 

Total Investments
(Cost $9,933,941)(a)—100.0%

 

9,890,695

 

 

 

Liabilities in excess of other assets—(0.0%)

 

(1,681

)

 

 

 

 

 

 

 

 

Net Assets—100.0%

 

$

9,889,014

 

 


ETF

 

- Exchange Traded Fund

REIT

 

- Real Estate Investment Trust

 

 

 

*

 

Non-income producing security.

(/)

 

Not considered to be affiliated.

(=)

 

The Fund and the PowerShares exchange traded funds have the same investment adviser and therefore, are considered to be affiliated. The table below shows the transactions in and earnings for the investments in the affiliated exchange traded funds for the nine months ended July 31, 2009.

 

 

 

 

 

 

 

 

 

Change in

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized

 

 

 

 

 

 

 

 

 

Value

 

Purchases at

 

Proceeds from

 

Appreciation

 

Realized

 

Value

 

Dividend

 

 

 

10/31/08

 

Cost

 

Sales

 

(Depreciation)

 

Gain (Loss)

 

07/31/09

 

Income

 

PowerShares 1-30 Laddered Treasury Portfolio

 

$

16,949

 

$

366,015

 

$

(3,855

)

$

(34,124

)

$

537

 

$

345,522

 

$

5,776

 

PowerShares Dynamic Large Cap Growth Portfolio

 

878,760

 

737,445

 

(168,602

)

215,311

 

(112,927

)

1,549,987

 

7,933

 

PowerShares Dynamic Large Cap Portfolio

 

408,062

 

100,528

 

(82,695

)

40,014

 

(22,438

)

443,471

 

4,545

 

PowerShares Dynamic Large Cap Value Portfolio

 

1,027,846

 

594,884

 

(206,347

)

71,784

 

(18,494

)

1,469,673

 

15,344

 

PowerShares Dynamic Mid Cap Growth Portfolio

 

407,165

 

40,916

 

(219,127

)

134,630

 

(139,245

)

224,339

 

 

PowerShares Dynamic Mid Cap Portfolio

 

237,324

 

419,310

 

(223,783

)

93,147

 

(81,362

)

444,636

 

724

 

PowerShares Dynamic Mid Cap Value Portfolio

 

181,047

 

400,347

 

(186,702

)

115,111

 

(61,224

)

448,579

 

6,041

 

PowerShares Dynamic Small Cap Growth Portfolio

 

365,339

 

47,186

 

(216,042

)

94,089

 

(108,189

)

182,383

 

381

 

PowerShares Dynamic Small Cap Value Portfolio

 

417,434

 

55,871

 

(286,540

)

116,445

 

(144,643

)

158,567

 

2,536

 

PowerShares Emerging Markets Sovereign Debt Portfolio

 

346,002

 

79,573

 

(377,072

)

113,883

 

(43,461

)

118,925

 

6,662

 

PowerShares FTSE RAFI Asia Pacific ex-Japan Portfolio

 

295,008

 

23,349

 

(240,839

)

189,285

 

(149,932

)

116,871

 

4,588

 

PowerShares FTSE RAFI Developed Markets ex-U.S. Portfolio

 

618,732

 

453,026

 

(462,576

)

318,409

 

(129,069

)

798,522

 

9,866

 

PowerShares FTSE RAFI Japan Portfolio

 

93,170

 

124,784

 

(230,574

)

3,575

 

16,771

 

7,726

 

1,205

 

PowerShares Zacks Micro Cap Portfolio

 

157,778

 

25,780

 

(86,921

)

36,814

 

(49,884

)

83,567

 

492

 

Total Investments in Affiliates

 

5,450,616

 

3,469,014

 

(2,991,675

)

1,508,373

 

(1,043,560

)

6,392,768

 

66,093

 

 

(a)

 

At July 31, 2009, the aggregate cost of investments for Federal income tax purposes was $10,306,652.  The net unrealized depreciation was $415,957, which consisted of aggregate gross unrealized appreciation of $482,384 and aggregate gross unrealized depreciation of $898,341.

 

 

 

 

 

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

 



 

 

 

Schedule of Investments

PowerShares Emerging Markets Sovereign Debt Portfolio

July 31, 2009 (Unaudited)

 

 

 

 

 

 

 

 

 

Principal

 

 

 

 

 

Amount

 

 

 

Value

 

 

 

Sovereign Debt Obligations—98.5%

 

 

 

 

 

Brazil—4.2%

 

 

 

$

7,120,000

 

Republic of Brazil

 

 

 

 

 

10.125%, 05/15/27

 

$

10,039,200

 

 

 

 

 

 

 

 

 

Bulgaria—4.0%

 

 

 

8,875,000

 

Republic of Bulgaria

 

 

 

 

 

8.250%, 01/15/15

 

9,585,000

 

 

 

 

 

 

 

 

 

Chile—4.0%

 

 

 

8,855,000

 

Republic of Chile

 

 

 

 

 

5.500%, 01/15/13

 

9,628,042

 

 

 

 

 

 

 

 

 

Colombia—4.2%

 

 

 

9,723,000

 

Republic of Colombia

 

 

 

 

 

7.375%, 09/18/37

 

10,038,998

 

 

 

 

 

 

 

 

 

El Salvador—4.6%

 

 

 

11,766,000

 

Republic of El Salvador

 

 

 

 

 

8.250%, 04/10/32

 

11,118,870

 

 

 

 

 

 

 

 

 

Hungary—4.2%

 

 

 

10,923,000

 

Republic of Hungary

 

 

 

 

 

4.750%, 02/03/15

 

10,118,587

 

 

 

 

 

 

 

 

 

Indonesia—5.3%

 

 

 

11,645,000

 

Republic of Indonesia

 

 

 

 

 

8.500%, 10/12/35

 

12,751,275

 

 

 

 

 

 

 

 

 

Mexico—4.1%

 

 

 

8,179,000

 

United Mexican States, MTN

 

 

 

 

 

8.300%, 08/15/31

 

9,917,038

 

 

 

 

 

 

 

 

 

Pakistan—5.9%

 

 

 

 

 

Islamic Republic of Pakistan

 

 

 

7,390,000

 

7.125%, 03/31/16

 

5,505,092

 

11,989,000

 

6.875%, 06/01/17

 

8,632,079

 

 

 

 

 

14,137,171

 

 

 

Panama—4.2%

 

 

 

8,112,000

 

Republic of Panama

 

 

 

 

 

8.875%, 09/30/27

 

9,977,760

 

 

 

 

 

 

 

 

 

Peru—3.9%

 

 

 

7,720,000

 

Republic of Peru

 

 

 

 

 

8.750%, 11/21/33

 

9,476,300

 

 

 

 

 

 

 

 

 

Philippines—4.1%

 

 

 

7,809,000

 

Republic of Philippine

 

 

 

 

 

9.500%, 02/02/30

 

9,780,773

 

 



 

 

 

Poland—4.1%

 

 

 

$

9,689,000

 

Republic of Poland

 

 

 

 

 

5.250% 01/15/14

 

$

9,942,435

 

 

 

 

 

 

 

 

 

Qatar—4.2%

 

 

 

7,639,000

 

State of Qatar

 

 

 

 

 

9.750%, 06/15/30

 

10,236,260

 

 

 

 

 

 

 

 

 

Russia—4.5%

 

 

 

7,782,000

 

Russian Federation

 

 

 

 

 

11.000%, 07/24/18

 

10,797,525

 

 

 

 

 

 

 

 

 

South Africa—4.4%

 

 

 

10,624,000

 

Republic of South Africa

 

 

 

 

 

5.875%, 05/30/22

 

10,670,480

 

 

 

 

 

 

 

 

 

South Korea—3.9%

 

 

 

9,583,000

 

Republic of Korea

 

 

 

 

 

5.125%, 12/07/16

 

9,384,057

 

 

 

 

 

 

 

 

 

Turkey—4.6%

 

 

 

11,638,000

 

Republic of Turkey

 

 

 

 

 

6.875%, 03/17/36

 

11,114,290

 

 

 

 

 

 

 

 

 

Ukraine—6.9%

 

 

 

23,496,000

 

Ukraine Government

 

 

 

 

 

6.750%, 11/14/17

 

16,682,159

 

 

 

 

 

 

 

 

 

Uruguay—4.0%

 

 

 

8,332,000

 

Republic of Uruguay

 

 

 

 

 

9.250%, 05/17/17

 

9,644,290

 

 

 

 

 

 

 

 

 

Venezuela—4.8%

 

 

 

17,752,000

 

Bolivarian Republic of Venezuela

 

 

 

 

 

9.000%, 05/07/23

 

11,538,800

 

 

 

 

 

 

 

 

 

Vietnam—4.4%

 

 

 

10,316,000

 

Socialist Republic of Vietnam

 

 

 

 

 

6.875%, 01/15/16

 

10,646,091

 

 

 

 

 

 

 

 

 

Total Investments

 

 

 

 

 

(Cost $231,771,940)(a)—98.5%

 

237,225,401

 

 

 

Other assets less liabilities—1.5%

 

3,720,413

 

 

 

 

 

 

 

 

 

Net Assets—100.0%

 

$

240,945,814

 

 


MTN

 

- Medium-Term Note

 

 

 

(a)

 

At July 31, 2009, the aggregate cost of investments for Federal income tax purposes was $231,802,132.  The net unrealized appreciation was $5,423,269 which consisted of aggregate gross unrealized appreciation of $6,164,765 and aggregate gross unrealized depreciation of $741,496.

 

 

 

 

 

The valuation policy and a listing of other significant policies are available in the most recent shareholder report.

 



 

 

 

Schedule of Investments

PowerShares High Yield Corporate Bond Portfolio

July 31, 2009 (Unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Principal

 

 

 

Interest

 

Maturity

 

 

 

Amount

 

 

 

Rate

 

Date

 

Value

 

 

 

Corporate Bonds—96.6%

 

 

 

 

 

 

 

 

 

Aerospace/Defense—3.9%

 

 

 

 

 

 

 

$

2,621,000

 

BE Aerospace, Inc.

 

8.50

%

07/01/18

 

$

2,614,448

 

2,746,000

 

L-3 Communications Corp., Series B

 

6.38

 

10/15/15

 

2,649,890

 

 

 

 

 

 

 

 

 

5,264,338

 

 

 

Auto Parts & Equipment—1.9%

 

 

 

 

 

 

 

2,386,000

 

Goodyear Tire & Rubber (The) Co.

 

10.50

 

05/15/16

 

2,570,915

 

 

 

 

 

 

 

 

 

 

 

 

 

Beverages—1.9%

 

 

 

 

 

 

 

2,641,000

 

Constellation Brands, Inc.

 

7.25

 

09/01/16

 

2,601,385

 

 

 

 

 

 

 

 

 

 

 

 

 

Coal—2.0%

 

 

 

 

 

 

 

2,621,000

 

Peabody Energy Corp.

 

7.38

 

11/01/16

 

2,647,210

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial Services—1.9%

 

 

 

 

 

 

 

2,466,000

 

ARAMARK Corp.

 

8.50

 

02/01/15

 

2,496,825

 

 

 

 

 

 

 

 

 

 

 

 

 

Computers—2.0%

 

 

 

 

 

 

 

2,608,000

 

Sungard Data Systems, Inc.

 

10.25

 

08/15/15

 

2,686,240

 

 

 

 

 

 

 

 

 

 

 

 

 

Diversified Financial Services—2.1%

 

 

 

 

 

 

 

3,204,000

 

Ford Motor Credit Co. LLC

 

7.00

 

10/01/13

 

2,867,529

 

 

 

 

 

 

 

 

 

 

 

 

 

Electric—7.7%

 

 

 

 

 

 

 

2,643,000

 

AES (The) Corp.

 

8.00

 

10/15/17

 

2,603,355

 

3,234,000

 

Edison Mission Energy

 

7.00

 

05/15/17

 

2,591,243

 

4,882,000

 

Energy Future Holdings

 

6.55

 

11/15/34

 

2,621,165

 

2,583,000

 

NRG Energy, Inc.

 

7.38

 

02/01/16

 

2,505,510

 

 

 

 

 

 

 

 

 

10,321,273

 

 

 

Food—2.1%

 

 

 

 

 

 

 

2,822,000

 

SUPERVALU, Inc.

 

8.00

 

05/01/16

 

2,814,945

 

 

 

 

 

 

 

 

 

 

 

 

 

Hand/Machine Tools—2.0%

 

 

 

 

 

 

 

2,640,000

 

Baldor Electric Co.

 

8.63

 

02/15/17

 

2,659,800

 

 

 

 

 

 

 

 

 

 

 

 

 

Healthcare - Products—4.0%

 

 

 

 

 

 

 

2,598,000

 

Bausch & Lomb, Inc.

 

9.88

 

11/01/15

 

2,604,495

 

2,489,000

 

Biomet, Inc.

 

11.63

 

10/15/17

 

2,713,010

 

 

 

 

 

 

 

 

 

5,317,505

 

 

 

Healthcare - Services—7.9%

 

 

 

 

 

 

 

2,489,000

 

Community Health Systems, Inc.

 

8.88

 

07/15/15

 

2,576,115

 

2,725,000

 

DaVita, Inc.

 

7.25

 

03/15/15

 

2,684,125

 

2,570,000

 

HCA, Inc.

 

9.25

 

11/15/16

 

2,685,649

 

 



 

$

2,553,000

 

Vanguard Health Holding Co. II LLC

 

9.00

%

10/01/14

 

$

2,565,765

 

 

 

 

 

 

 

 

 

10,511,654

 

 

 

Holding Companies - Diversified—2.0%

 

 

 

 

 

 

 

2,952,000

 

Leucadia National Corp.

 

7.13

 

03/15/17

 

2,627,280

 

 

 

 

 

 

 

 

 

 

 

 

 

Lodging—2.1%

 

 

 

 

 

 

 

3,756,000

 

MGM Mirage, Inc.

 

6.63

 

07/15/15

 

2,741,880

 

 

 

 

 

 

 

 

 

 

 

 

 

Machinery - Construction & Mining—2.0%

 

 

 

 

 

 

 

3,166,000

 

Terex Corp.

 

8.00

 

11/15/17

 

2,635,695

 

 

 

 

 

 

 

 

 

 

 

 

 

Media—5.7%

 

 

 

 

 

 

 

2,673,000

 

DIRECTV Holdings LLC / DIRECTV Financing Co.

 

6.38

 

06/15/15

 

2,572,763

 

2,648,000

 

DISH DBS Corp.

 

7.13

 

02/01/16

 

2,581,800

 

2,504,000

 

Nielsen Finance LLC / Nielson Finance Co.

 

10.00

 

08/01/14

 

2,529,040

 

 

 

 

 

 

 

 

 

7,683,603

 

 

 

Miscellaneous Manufacturing—1.9%

 

 

 

 

 

 

 

2,845,000

 

RBS Global, Inc. / Rexnord LLC

 

9.50

 

08/01/14

 

2,489,375

 

 

 

 

 

 

 

 

 

 

 

 

 

Oil & Gas—11.7%

 

 

 

 

 

 

 

2,911,000

 

Chesapeake Energy Corp.

 

6.50

 

08/15/17

 

2,649,010

 

2,739,000

 

Forrest Oil Corp.

 

7.25

 

06/15/19

 

2,619,169

 

2,656,000

 

Newfield Exploration Co.

 

7.13

 

05/15/18

 

2,596,240

 

3,784,000

 

OPTI Canada, Inc.

 

8.25

 

12/15/14

 

2,516,360

 

2,686,000

 

Plains Exploration & Production Co.

 

7.75

 

06/15/15

 

2,679,284

 

3,247,000

 

Sabine Pass LNG LP

 

7.50

 

11/30/16

 

2,634,129

 

 

 

 

 

 

 

 

 

15,694,192

 

 

 

Packaging & Containers—2.0%

 

 

 

 

 

 

 

2,571,000

 

Crown Americas LLC

 

7.75

 

11/15/15

 

2,622,420

 

 

 

 

 

 

 

 

 

 

 

 

 

Pipelines—3.8%

 

 

 

 

 

 

 

2,906,000

 

Dynegy Holdings, Inc.

 

8.38

 

05/01/16

 

2,542,750

 

2,665,000

 

El Paso Corp.

 

7.00

 

06/15/17

 

2,573,854

 

 

 

 

 

 

 

 

 

5,116,604

 

 

 

REITS—2.0%

 

 

 

 

 

 

 

2,881,000

 

Host Hotels & Resorts LP, Series Q

 

6.75

 

06/01/16

 

2,686,533

 

 

 

 

 

 

 

 

 

 

 

 

 

Retail—4.1%

 

 

 

 

 

 

 

2,225,000

 

Dollar General Corp.

 

10.63

 

07/15/15

 

2,492,000

 

3,899,000

 

Rite Aid Corp.

 

9.50

 

06/15/17

 

2,972,988

 

 

 

 

 

 

 

 

 

5,464,988

 

 

 

Software—2.2%

 

 

 

 

 

 

 

3,400,000

 

First Data Corp.

 

9.88

 

09/24/15

 

2,885,750

 

 

 

 

 

 

 

 

 

 

 

 

 

Telecommunications—17.7%

 

 

 

 

 

 

 

2,466,000

 

Cricket Communications, Inc.

 

9.38

 

11/01/14

 

2,515,320

 

2,844,000

 

Crown Castle International Corp.

 

9.00

 

01/15/15

 

3,018,194

 

2,919,000

 

Frontier Communications Corp.

 

9.00

 

08/15/31

 

2,700,075

 

2,444,000

 

Intelsat Jackson Holdings Ltd. (Bermuda)

 

11.25

 

06/15/16

 

2,615,080

 

 



 

$

3,000,000

 

Level 3 Financing, Inc.

 

9.25

%

11/01/14

 

$

2,632,500

 

2,505,000

 

MetroPCS Wireless, Inc.

 

9.25

 

11/01/14

 

2,605,200

 

2,970,000

 

Sprint Nextel Corp.

 

6.00

 

12/01/16

 

2,609,888

 

2,447,000

 

Virgin Media Finance PLC (United Kingdom)

 

9.13

 

08/15/16

 

2,483,705

 

2,466,000

 

Windstream Corp.

 

8.63

 

08/01/16

 

2,515,320

 

 

 

 

 

 

 

 

 

23,695,282

 

 

 

Total Corporate Bonds
(Cost $116,427,618)

 

 

 

 

 

129,103,221

 

 

 

 

 

 

 

 

 

 

 

Number

 

 

 

 

 

 

 

 

 

of Shares

 

 

 

 

 

 

 

 

 

 

 

Money Market Fund—1.6%

 

 

 

 

 

 

 

2,088,206

 

Goldman Sachs Financial Square Prime Obligations Institutional Share Class

(Cost $2,088,206)

 

 

 

 

 

2,088,206

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Investments
(Cost $118,515,824)(a)—98.2%

 

 

 

 

 

131,191,427

 

 

 

Other assets less liabilities—1.8%

 

 

 

 

 

2,464,366

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Assets—100.0%

 

 

 

 

 

$

133,655,793

 

 


REIT

 

- Real Estate Investment Trust

 

 

 

(a)

 

At July 31, 2009, the aggregate cost of investments for Federal income tax and financial statement purposes is the same. The net unrealized appreciation was $12,675,603, which consisted of aggregate gross unrealized appreciation of $12,764,805 and aggregate gross unrealized depreciation of $89,202.

 

 

 

 

 

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

 



 

 

 

Schedule of Investments

 

 

PowerShares Insured California Municipal Bond Portfolio

 

 

July 31, 2009 (Unaudited)

 

 

 

 

 

 

 

 

 

 

Principal

 

 

 

Interest

 

Maturity

 

 

 

Amount

 

 

 

Rate

 

Date

 

Value

 

 

 

Municipal Bonds—99.0%

 

 

 

 

 

 

 

 

 

Ad Valorem Property Tax—29.7%

 

 

 

 

 

 

 

$

1,350,000

 

Antelope Valley California Community College District (Election 2004) Ser 07B NATL RE

 

5.25

%

08/01/39

 

$

1,312,268

 

500,000

 

Arcadia California Unified School District (Election 2006) Ser 07A FSA

 

5.00

 

08/01/37

 

484,620

 

500,000

 

Desert California Community College District Ser 07C FSA

 

5.00

 

08/01/37

 

472,670

 

400,000

 

Foothill-De Anza California Community College District Ser 07A AMBAC

 

4.50

 

08/01/31

 

354,412

 

500,000

 

Los Angeles California Community College District (Election 2001) Ser 07A NATL RE

 

5.00

 

08/01/32

 

477,005

 

500,000

 

Los Angeles California Community College District Ref (Election 2001) Ser 05A FSA

 

5.00

 

08/01/25

 

510,100

 

505,000

 

Los Angeles Unified School District (Election 2002) Ser 07C FSA

 

5.00

 

07/01/32

 

494,855

 

500,000

 

Middletown California Unified School District (Election 2006) Ser 08 AGC

 

5.50

 

08/01/33

 

519,755

 

500,000

 

Riverside Community College District (Election 2004) Ser 07C NATL RE

 

5.00

 

08/01/32

 

480,195

 

2,000,000

 

San Bernardino California Community College District (Election 2002) Ser 08A

 

6.25

 

08/01/33

 

2,146,279

 

400,000

 

San Diego California Community College District (Election 2006) Ser 07 FSA

 

5.00

 

08/01/32

 

400,520

 

 

 

 

 

 

 

 

 

7,652,679

 

 

 

College Revenue—5.4%

 

 

 

 

 

 

 

500,000

 

California State University Rev Systemwide Ser 07A FSA

 

5.00

 

11/01/37

 

476,010

 

945,000

 

University of California Regents Medical Center Pooled Rev Ser 07A NATL RE

 

4.75

 

05/15/31

 

913,409

 

 

 

 

 

 

 

 

 

1,389,419

 

 

 

Electric Power Revenue—5.3%

 

 

 

 

 

 

 

400,000

 

Los Angeles California Water & Power Rev (Power System) Sub-Ser 07A-1 AMBAC

 

5.00

 

07/01/39

 

383,812

 

1,000,000

 

Redding California Electric System Rev COP Ser 08A FSA

 

5.00

 

06/01/30

 

982,160

 

 

 

 

 

 

 

 

 

1,365,972

 

 

 

General Fund—1.2%

 

 

 

 

 

 

 

400,000

 

California State Ref Ser 07 NATL RE

 

4.25

 

08/01/33

 

321,488

 

 



 

 

 

Highway Tolls Revenue—1.3%

 

 

 

 

 

 

 

$

400,000

 

Puerto Rico Commonwealth Highway & Transportation Auth Rev Ref Ser 07N FGIC

 

5.25

%

07/01/39

 

$

338,508

 

 

 

 

 

 

 

 

 

 

 

 

 

Hospital Revenue—9.3%

 

 

 

 

 

 

 

1,000,000

 

California Statewide Communities Development Auth Rev (Catholic Healthcare West) Ser 07K AGC

 

5.50

 

07/01/41

 

966,420

 

1,000,000

 

California Statewide Communities Development Auth Rev (St. Joseph Health System-Remarketed) Insured Ser 07C FGIC

 

5.75

 

07/01/47

 

973,050

 

500,000

 

California Statewide Community Development Auth Rev (Sutter Health-Remarketed) Ser 04C FSA

 

5.05

 

08/15/38

 

462,045

 

 

 

 

 

 

 

 

 

2,401,515

 

 

 

Lease Revenue—8.1%

 

 

 

 

 

 

 

400,000

 

Los Angeles California Municipal Improvement Corp. Lease Rev Police Headquarters FAC Ser 06A NATL RE

 

4.25

 

01/01/37

 

305,832

 

500,000

 

Los Angeles California Municipal Improvement Corp. Lease Rev Ser 07B-1 NATL RE

 

4.75

 

08/01/37

 

417,725

 

1,000,000

 

Los Angeles California Municipal Improvement Corp. Lease Rev (Real Property) Ser 09B AGC

 

5.50

 

04/01/39

 

982,690

 

400,000

 

Santa Clara Valley California Water District (CTFS Partner Water Utility System Improvement) Ser 07A NATL RE

 

5.00

 

06/01/37

 

392,312

 

 

 

 

 

 

 

 

 

2,098,559

 

 

 

Port, Airport & Marina Revenue—3.9%

 

 

 

 

 

 

 

1,000,000

 

Sacramento County California Airport System Rev (PFC/Grant) Sub-Ser 09C AGC

 

5.75

 

07/01/39

 

1,002,010

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales Tax Revenue—3.7%

 

 

 

 

 

 

 

500,000

 

San Francisco Bay Area Rapid Transit District Sales Tax Rev Ser 06 FSA

 

5.00

 

07/01/31

 

493,425

 

500,000

 

San Mateo County California Transit District (Sales Tax) Rev Ref Ser 05A NATL RE

 

4.75

 

06/01/34

 

461,810

 

 

 

 

 

 

 

 

 

955,235

 

 

 

Sewer Revenue—8.0%

 

 

 

 

 

 

 

400,000

 

Bakersfield California Wastewater Rev Ser 07A FSA

 

5.00

 

09/15/32

 

373,840

 

400,000

 

Clovis California Public Financing Auth Wastewater Rev Ser 07 AMBAC

 

4.50

 

08/01/38

 

319,760

 

500,000

 

Fresno California Sewer Rev Ser 08A AGC

 

5.00

 

09/01/37

 

476,095

 

460,000

 

Hollister California Joint Powers Financing Auth (Wastewater Rev Refinancing & Improvement Project) Ser 01 FSA

 

5.00

 

06/01/32

 

430,045

 

 



 

$

500,000

 

Los Angeles California Wastewater System Rev Ref Ser 05A NATL RE

 

4.75

%

06/01/35

 

$

452,300

 

 

 

 

 

 

 

 

 

2,052,040

 

 

 

Special Assessment—6.1%

 

 

 

 

 

 

 

1,500,000

 

Sacramento California Area Flood Control Agency Consolidated Capital Assessment District Ser 08 BHAC

 

5.63

 

10/01/37

 

1,564,725

 

 

 

 

 

 

 

 

 

 

 

 

 

Tax Increment Revenue—2.3%

 

 

 

 

 

 

 

400,000

 

Hesperia California Public Financing Auth (Redevelopment & Housing Projects) Series 07A XLCA

 

5.00

 

09/01/31

 

307,132

 

400,000

 

San Jose California Redevelopment Agency Tax Allocation Ref (Merged Area Redevelopment Project) Ser 06C NATL RE

 

4.25

 

08/01/30

 

296,712

 

 

 

 

 

 

 

 

 

603,844

 

 

 

Water Revenue—14.7%

 

 

 

 

 

 

 

500,000

 

Contra Costa California Water District Ref (Water Rev) Ser 07O AMBAC

 

5.00

 

10/01/29

 

509,015

 

1,000,000

 

East Bay California Municipal Utility District Water System Rev Ref Series 07A NATL RE

 

5.00

 

06/01/32

 

1,006,360

 

500,000

 

East Bay California Municipal Utility District Water System Rev Sub-Ser 05A NATL RE

 

5.00

 

06/01/35

 

497,810

 

500,000

 

Pomona California Public Financing (Water Facilities Project) Ser 07AY AMBAC

 

5.00

 

05/01/47

 

408,425

 

500,000

 

Puerto Rico Commonwealth Aqueduct & Sewer Auth Rev (Sr. Lien) Ser 08A AGC

 

5.13

 

07/01/47

 

481,005

 

500,000

 

San Francisco City & County Public Utilities Commission Water Rev Ser 06A FSA

 

4.50

 

11/01/31

 

448,380

 

500,000

 

San Luis Obispo County California Financing Auth Rev (Nacimiento Water Project) Ser 07A NATL RE

 

5.00

 

09/01/38

 

440,120

 

 

 

 

 

 

 

 

 

3,791,115

 

 

 

Total Investments
(Cost $26,496,710)(a)—99.0%

 

 

 

 

 

25,537,109

 

 

 

Other assets less liabilities—1.0%

 

 

 

 

 

254,259

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Assets—100.0%

 

 

 

 

 

$

25,791,368

 

 


 

Auth

- Authority

COP

- Certificates of Participation

Ref

- Refunding Bonds

Rev

- Revenue

Ser

- Series

 

 

Glossary of Terms:

AGC

- Assured Guaranty Corp.

AMBAC

- American Municipal Bond Assurance Corp.

BHAC

- Berkshire Hathaway Assurance Corp.

 



 

FGIC

- Financial Guaranty Insurance Co.

FSA

- Financial Security Assurance, Inc.

NATL RE

- National Public Finance Guarantee Corp.

XLCA

- XL Capital Assurance, Inc.

 

(a)                        At July 31, 2009, the aggregate cost of investments for Federal income tax and financial statements purposes is the same. The net unrealized depreciation was $959,601, which consisted of aggregate gross unrealized appreciation of $313,506 and aggregate gross unrealized depreciation of $1,273,107.

 

This table, as of July 31, 2009, provides a listing of those entities that have either guaranteed, backed or otherwise enhanced the credit quality of more than 5% of the value of securities held in the portfolio.  In instances where the entity has guarnateed, backed or otherwise enhanced the credit quality of the security, it is not primarily responsible for the borrower’s obligation but may be called upon to satisfy the borrower’s obligations.

 

 

 

Percentage

 

 

 

of Total

 

Entities

 

Investments

 

National Public Finance Gurantee Corp.

 

30.4

%

Financial Security Assurance, Inc.

 

23.6

 

Assured Guaranty Corp.

 

17.3

 

American Municipal Bond Assurance Corp.

 

7.7

 

Berkshire Hathway Insurance Co.

 

6.1

 

Financial Guranty Insurance Co.

 

5.1

 

 

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

 



 

 

 

Schedule of Investments

 

 

PowerShares Insured National Municipal Bond Portfolio

 

 

July 31, 2009 (Unaudited)

 

 

 

 

 

 

 

 

 

 

Principal

 

 

 

Interest

 

Maturity

 

 

 

Amount

 

 

 

Rate

 

Date

 

Value

 

 

 

Municipal Bonds—100.6%

 

 

 

 

 

 

 

 

 

Ad Valorem Property Tax—15.3%

 

 

 

 

 

 

 

$

2,000,000

 

Arcadia California Unified School District (Election 2006) Ser 07A FSA

 

5.00

%

08/01/37

 

$

1,938,480

 

2,150,000

 

Beaumont Texas Independent School District School Building Ser 09 AGC

 

5.00

 

02/15/38

 

2,111,494

 

3,000,000

 

Beaver County Pennsylvania Ser 09 FSA

 

5.55

 

11/15/31

 

3,166,650

 

3,000,000

 

California State Ser 05 NATL RE

 

4.75

 

03/01/35

 

2,630,160

 

1,000,000

 

Chicago Illinois Board of Education Ref Ser 05A AMBAC

 

5.50

 

12/01/30

 

1,055,570

 

10,000,000

 

Corona-Norca California Unified School District (Election 2006) Ser 09B AGC

 

5.38

 

02/01/34

 

9,859,299

 

1,000,000

 

Corpus Christi Texas (Certificates of Obligation-Solid Waste) Ser 08 AGC

 

5.38

 

03/01/33

 

1,035,010

 

2,000,000

 

Desert California Community College District Ser 07C FSA

 

5.00

 

08/01/37

 

1,890,680

 

1,500,000

 

District of Columbia Ser 08E BHAC

 

5.00

 

06/01/33

 

1,512,675

 

2,500,000

 

El Monte California Union High School District (Election 2008) Ser 09A AGC

 

5.50

 

06/01/34

 

2,473,075

 

2,000,000

 

Frisco Texas Independent School District (School Building) Ser 09 AGC

 

5.25

 

08/15/36

 

2,026,420

 

2,500,000

 

Los Angeles Unified School District (Election 2002) Ser 07C FSA

 

5.00

 

07/01/32

 

2,449,775

 

2,500,000

 

Philadelphia Pennsylvania Ser 09B AGC

 

7.13

 

07/15/38

 

2,675,250

 

5,150,000

 

Port Arthur Texas Independent School District (School Building) Ser 09 AGC

 

4.75

 

02/15/39

 

4,736,713

 

3,000,000

 

Port St. Lucie Florida Utility Rev Ref System Ser 09 AGC

 

5.00

 

09/01/35

 

2,923,110

 

890,000

 

Reading Pennsylvania School District (State Aid Withholding) Ser 08 FSA

 

5.00

 

03/01/35

 

893,186

 

2,000,000

 

Riverside Community College District (Election 2004) Ser 07C NATL RE

 

5.00

 

08/01/32

 

1,920,780

 

4,100,000

 

San Bernardino California Community College District (Election 2002) Ser 08A

 

6.25

 

08/01/33

 

4,399,874

 

2,500,000

 

San Jacinto Unified School District (Election 2006) Ser 07 FSA

 

5.25

 

08/01/32

 

2,527,600

 

2,535,000

 

Yosemite California Community College District (Election 2004) Ser 08C FSA

 

5.00

 

08/01/32

 

2,424,880

 

 

 

 

 

 

 

 

 

54,650,681

 

 

 

College Revenue—5.2%

 

 

 

 

 

 

 

5,000,000

 

California State University Rev Systemwide Ser 09A AGC

 

5.25

 

11/01/38

 

4,749,199

 

 



 

$

3,000,000

 

District of Columbia Rev (Catholic University of America) Ser 07 NATL RE

 

5.00

%

10/01/29

 

$

3,005,490

 

1,250,000

 

Massachusetts State Health & Educational Facilities Auth Rev (Massachusetts Institute of Technology) Ser 09O AGC

 

6.00

 

07/01/36

 

1,397,938

 

1,000,000

 

New York State Dormitory Auth Rev Non-Special Treatment Supported Debt (Cornell University) Ser 09A

 

5.00

 

07/01/39

 

1,017,150

 

250,000

 

New York State Dormitory Auth Rev Non-Special Treatment Supported Debt (Fordham University) Ser 08B AGC

 

5.00

 

07/01/38

 

246,230

 

1,000,000

 

Rhode Island Health & Educational Building Corp. Higher Education Facility Rev (University of Rhode Island) Ser 09B AGC

 

5.25

 

09/15/29

 

1,013,260

 

2,500,000

 

Savannah Georgia Economic Development Auth Rev (AASU Windward Commons) Ser 09 AGC

 

5.00

 

06/15/39

 

2,391,600

 

2,750,000

 

University Houston (Texas University Rev Ref-Consolidated) Ser 08 FSA

 

5.00

 

02/15/38

 

2,749,945

 

450,000

 

University of California Regents Medical Center Pooled Rev Ser 07A NATL RE

 

4.75

 

05/15/31

 

434,957

 

2,000,000

 

University of California Rev Ser 05C NATL RE

 

4.75

 

05/15/37

 

1,789,280

 

 

 

 

 

 

 

 

 

18,795,049

 

 

 

Electric Power Revenue—5.3%

 

 

 

 

 

 

 

500,000

 

Indiana Municipal Power Agency Power Supply System Rev Ser 07A NATL RE

 

5.00

 

01/01/37

 

476,340

 

5,000,000

 

Indiana Municipal Power Agency Power Supply System Rev Ser 07A NATL RE

 

5.00

 

01/01/42

 

4,666,350

 

2,900,000

 

Kentucky State Municipal Power Agency System Rev (Prairie State Project) Ser 07A NATL RE

 

5.00

 

09/01/37

 

2,593,963

 

6,000,000

 

Long Island Power Auth New York Electric Systems Rev General Ser 08A BHAC

 

5.50

 

05/01/33

 

6,256,800

 

3,315,000

 

Northern Illinois Municipal Power Agency Power Project Rev Ser 07A NATL RE

 

5.00

 

01/01/42

 

2,962,483

 

1,000,000

 

Paducah Kentucky Electric Plant Board Rev Ser 09A AGC

 

5.25

 

10/01/35

 

1,019,660

 

1,000,000

 

Redding California Electric System Rev COP Ser 08A FSA

 

5.00

 

06/01/30

 

982,160

 

 

 

 

 

 

 

 

 

18,957,756

 

 

 

General Fund—0.1%

 

 

 

 

 

 

 

500,000

 

California State Ref Ser 07 NATL RE

 

4.25

 

08/01/33

 

401,860

 

 

 

 

 

 

 

 

 

 

 

 

 

Highway Tolls Revenue—9.9%

 

 

 

 

 

 

 

500,000

 

Miami-Dade County Florida Expressway Auth Toll System Rev Ser 06 AMBAC

 

5.00

 

07/01/37

 

450,285

 

4,250,000

 

North Carolina Turnpike Auth Triangle Expressway System Rev Ser 09A AGC

 

5.50

 

01/01/29

 

4,274,565

 

 



 

$

4,000,000

 

North Carolina Turnpike Auth Triangle Expressway System Rev Ser 09A AGC

 

5.75

%

01/01/39

 

$

4,014,160

 

16,000,000

 

North Texas Thruway Auth Rev Ref System (First Tier) Ser 08K-1 AGC

 

5.75

 

01/01/38

 

16,707,680

 

8,000,000

 

Pennsylvania State Turnpike Common Turnpike Rev Sub-Ser 08C AGC

 

6.25

 

06/01/38

 

8,628,720

 

1,500,000

 

Puerto Rico Highway & Transportation Auth Highway Rev Ref Ser 07CC FSA

 

5.25

 

07/01/33

 

1,501,950

 

 

 

 

 

 

 

 

 

35,577,360

 

 

 

Hospital Revenue—16.8%

 

 

 

 

 

 

 

1,000,000

 

California Statewide Communities Development Auth Rev (Catholic Healthcare West) Ser 07K AGC

 

5.50

 

07/01/41

 

966,420

 

1,500,000

 

California Statewide Community Development Auth Rev (Sutter Health-Remarketed) Ser 04C FSA

 

5.05

 

08/15/38

 

1,386,135

 

500,000

 

Cape Girardeau County Missouri Industrial Development Auth Health Care Facilities Rev (St. Francis Medical Center) Ser 09A

 

5.50

 

06/01/34

 

497,945

 

500,000

 

Cape Girardeau County Missouri Industrial Development Auth Health Care Facilities Rev (St. Francis Medical Center) Ser 09A

 

5.75

 

06/01/39

 

504,435

 

5,000,000

 

Christian County Kentucky Hospital Rev (Hospital-Jennie Stuart Medical Center) Ser 06 AGC

 

5.50

 

02/01/36

 

4,708,150

 

5,000,000

 

Colorado Health Facilities Auth Rev (Catholic Health) Ser 06C-1 FSA

 

5.10

 

10/01/41

 

4,960,550

 

3,000,000

 

Colorado Health Facilities Auth Rev (Poudre Valley County Health Facilities Auth) Ser 05A FSA

 

5.20

 

03/01/31

 

3,058,110

 

300,000

 

Connecticut State Health & Educational Facility Auth (Yale - New Haven Hospital) Ser 06J-1 AMBAC

 

5.00

 

07/01/31

 

281,856

 

1,570,000

 

District of Columbia Hospital Rev (Childrens Hospital Obligation Group) Ser 08 AGC

 

5.25

 

07/15/38

 

1,455,720

 

5,340,000

 

District of Columbia Hospital Rev (Childrens Hospital Obligation Group) Ser 08 FSA

 

5.25

 

07/15/45

 

4,875,901

 

3,000,000

 

District of Columbia Rev (Medlantic/Helix-Remarketed) Ser 98C FSA

 

5.00

 

08/15/38

 

2,639,250

 

2,000,000

 

Halifax Hospital Medical Center (Florida Hospital) Rev Ser 06B-1 FSA

 

5.50

 

06/01/38

 

1,845,520

 

3,800,000

 

Harris County Health Facilities Development Corp. Thermal Utility Rev (TECO Project) Ser 08 AGC

 

5.13

 

11/15/37

 

3,702,796

 

1,700,000

 

Indiana Health & Educational Facilities Finance Auth Rev (St. Francis) Ref Ser 06E FSA

 

5.25

 

05/15/41

 

1,581,085

 

2,500,000

 

Iowa Finance Auth Health Facilities Rev (Remarketed) Ser 08A AGC

 

5.63

 

08/15/37

 

2,484,250

 

2,000,000

 

Johnston North Carolina Memorial Hospital Auth Ser 08 FSA

 

5.25

 

10/01/36

 

1,940,740

 

 



 

$

500,000

 

Maryland State Health & Higher Educational Facilities Auth Rev Ser 06A NATL RE

 

4.75

%

07/01/36

 

$

447,155

 

2,500,000

 

New Jersey Health Care Facilities Financing Auth Rev (Meridian Health) Ser 07V AGC

 

5.00

 

07/01/38

 

2,411,050

 

10,000,000

 

New Jersey Health Care Facilities Financing Auth Rev (Virtua Health) Ser 09 AGC

 

5.50

 

07/01/38

 

9,885,299

 

1,000,000

 

Pulaski County Arkansas Hospital Rev (Arkansas Children’s Hospital Project) Ser 09 AGC

 

5.50

 

03/01/34

 

978,860

 

4,000,000

 

South Carolina Jobs Economic Development Auth Hospital Facilities Rev (Ref-Palmetto Health-Remarketed) Ser 08A FSA

 

5.00

 

08/01/35

 

3,925,800

 

1,000,000

 

South Carolina Jobs-Economic Development Auth Hospital Rev Ref & Improvement (Anmed Health) Ser 09B AGC

 

5.50

 

02/01/38

 

980,260

 

1,900,000

 

Waco Health Facilities Development Corporation (Hillcrest Health System Project) Ser 06A NATL RE

 

5.00

 

08/01/31

 

1,679,923

 

2,050,000

 

Washington State Health Care Facilities Auth Rev (Multicare Health System Remarketed) Ser 07B FSA

 

5.50

 

08/15/38

 

2,035,261

 

850,000

 

Washington State Health Care Facilities Auth Rev (Providence Health) Ser 06E FSA

 

5.25

 

10/01/33

 

859,962

 

 

 

 

 

 

 

 

 

60,092,433

 

 

 

Lease Revenue—7.0%

 

 

 

 

 

 

 

2,000,000

 

Kern County California COP (Capital Improvements Projects) Ser 09A AGC

 

5.75

 

08/01/35

 

1,991,960

 

7,000,000

 

Los Angeles California Municipal Improvement Corp. Lease Rev (Real Property) Ser 09B AGC

 

5.50

 

04/01/39

 

6,878,830

 

2,500,000

 

Manatee County Florida School Board COP (Master Lease Program) Ser 09 AGC

 

5.13

 

07/01/29

 

2,443,450

 

2,150,000

 

Miami-Dade County Florida School Board COP Ser 08B AGC

 

5.00

 

05/01/33

 

2,074,535

 

500,000

 

Miami-Dade County Florida School Board COP Ser 09A AGC

 

5.38

 

02/01/34

 

504,995

 

1,335,000

 

Ohio State Higher Educational Facility Rev (Case Western Reserve University Project) Ser 06 NATL RE

 

5.00

 

12/01/44

 

1,298,234

 

2,950,000

 

Orange County Florida School Board COP Ser 09A AGC

 

5.50

 

08/01/34

 

2,990,710

 

5,000,000

 

State Public School Building Auth Pennsylvania School Rev (Harrisburg School District Project) Ser 09A AGC

 

4.75

 

11/15/29

 

4,941,950

 

2,000,000

 

Yuba California Levee Financing Auth Rev (Levee Financing Project) Ser 08A AGC

 

5.00

 

09/01/38

 

1,828,640

 

 

 

 

 

 

 

 

 

24,953,304

 

 



 

 

 

Miscellaneous Revenue—4.5%

 

 

 

 

 

 

 

$

2,500,000

 

Dallas Texas Civic Center Rev Ref & Improvement Ser 09 AGC

 

5.25

%

08/15/34

 

$

2,519,350

 

4,550,000

 

Dallas Texas Civic Center Rev Ref & Improvement Ser 09 AGC

 

5.25

 

08/15/38

 

4,549,909

 

1,000,000

 

Hudson Yards Infrastructure Corp. New York Rev Ser 06A NATL RE

 

4.50

 

02/15/47

 

796,990

 

1,000,000

 

Kentucky Economic Development Financial Auth (Louisville Arena Project) Rev Sub-Ser 08A-1 AGC

 

6.00

 

12/01/33

 

1,036,610

 

3,000,000

 

Kentucky Economic Development Financial Auth (Louisville Arena Project) Rev Sub-Ser 08A-1 AGC

 

6.00

 

12/01/38

 

3,080,250

 

1,000,000

 

Newark New Jersey Housing Auth Housing Rev (South Ward Police Facility) Ser 09 AGC

 

6.75

 

12/01/38

 

1,065,700

 

1,000,000

 

South Carolina State Public Service Auth Rev Ser 09B

 

5.25

 

01/01/39

 

1,026,080

 

2,000,000

 

New York City Industrial Development Agency Rev Queens Baseball Stadium (Pilot) Ser 09 AGC

 

6.50

 

01/01/46

 

2,134,620

 

 

 

 

 

 

 

 

 

16,209,509

 

 

 

Multiple Utility Revenue—0.8%

 

 

 

 

 

 

 

2,990,000

 

Corpus Christi Texas Utility System Rev Improvement Ser 09 AGC

 

5.38

 

07/15/39

 

3,020,558

 

 

 

 

 

 

 

 

 

 

 

 

 

Port, Airport & Marina Revenue—6.7%

 

 

 

 

 

 

 

5,000,000

 

Chicago Illinois O’Hare International Airport Rev (Ref-Third Indenture) Ser 05A NATL RE

 

5.00

 

01/01/29

 

4,920,450

 

1,000,000

 

Metropolitan Washington DC Airports Auth System Ser 09B BHAC

 

5.00

 

10/01/29

 

1,010,250

 

10,000,000

 

Miami-Dade County Florida Aviation Rev Ser 09B AGC

 

5.13

 

10/01/41

 

9,494,200

 

2,500,000

 

Port of Seattle Rev (Intermediate Lien) Ref Ser 05A NATL RE

 

5.00

 

03/01/35

 

2,395,525

 

2,000,000

 

Sacramento County California Airport System Rev (PFC/Grant) Sub-Ser 09C AGC

 

5.75

 

07/01/39

 

2,004,020

 

3,000,000

 

Sacramento County California Airport System Ser 08A FSA

 

5.00

 

07/01/41

 

2,665,290

 

1,500,000

 

St. Louis Missouri Airport Rev Lambert - St. Louis International Airport Ser 05 NATL RE

 

5.50

 

07/01/31

 

1,393,635

 

 

 

 

 

 

 

 

 

23,883,370

 

 

 

Recreational Revenue—4.1%

 

 

 

 

 

 

 

5,000,000

 

Miami-Dade County Florida Professional Sports Franchise Facilities Tax Ser 09C AGC

 

5.38

 

10/01/28

 

4,961,250

 

2,575,000

 

Miami-Dade County Florida Professional Sports Franchise Facilities Tax Ser 09C AGC

 

5.75

 

10/01/39

 

2,552,907

 

3,000,000

 

New Jersey Economic Development Auth Economic Development Rev (Duke Farms Foundation Project) Ser 09B

 

5.00

 

07/01/48

 

3,006,840

 

 



 

$

4,000,000

 

New York City Industrial Development Agency Rev Yankee Stadium (Pilot) Ser 09

 

7.00

%

03/01/49

 

$

4,333,280

 

 

 

 

 

 

 

 

 

14,854,277

 

 

 

Sales Tax Revenue—2.0%

 

 

 

 

 

 

 

1,500,000

 

Central Puget Sound Regional Transportation Auth Sales & Use Tax Rev Ser 07A FSA

 

5.00

 

11/01/34

 

1,504,905

 

400,000

 

Dallas Area Rapid Transit (Senior Lien) Ser 07 AMBAC

 

5.00

 

12/01/32

 

403,144

 

400,000

 

Illinois Regional Transportation Auth Ser 06A NATL RE

 

4.50

 

07/01/35

 

354,240

 

3,000,000

 

Metropolitan Atlanta Rapid Transit Auth Georgia Sales Tax Rev Ref (Third Indenture) Ser 07B FSA

 

5.00

 

07/01/37

 

2,981,970

 

1,000,000

 

San Francisco California Bay Area Rapid Transit District Sales Tax Rev Ref Ser 05A NATL RE

 

5.00

 

07/01/30

 

1,002,990

 

1,000,000

 

Santa Clara Valley California Transportation Auth Sales Tax Rev (Ref-Measure A) Ser 07A AMBAC

 

5.00

 

04/01/36

 

962,890

 

 

 

 

 

 

 

 

 

7,210,139

 

 

 

Sewer Revenue—4.0%

 

 

 

 

 

 

 

2,500,000

 

Chicago Illinois Wastewater Transmission Rev Ser 08A BHAC

 

5.50

 

01/01/38

 

2,653,475

 

2,250,000

 

Detroit Michigan Sewer Disposal Rev (Senior Lien-Remarketed) Ser 03B FSA

 

7.50

 

07/01/33

 

2,614,297

 

2,500,000

 

Fresno California Sewer Rev Ser 08A AGC

 

5.00

 

09/01/37

 

2,380,475

 

500,000

 

Los Angeles California Wastewater System Rev Ref Ser 05A NATL RE

 

4.75

 

06/01/35

 

452,300

 

1,400,000

 

Sacramento County California Sanitation District Financing Auth Rev (County Sanitation District 1) Ser 05 NATL RE

 

5.00

 

08/01/35

 

1,354,514

 

5,000,000

 

Sacramento County California Sanitation District Financing Auth Rev (Sacramento Regional County Sanitation) Ser 06 NATL RE

 

5.00

 

12/01/36

 

4,777,450

 

 

 

 

 

 

 

 

 

14,232,511

 

 

 

Special Assessment—1.2%

 

 

 

 

 

 

 

4,000,000

 

Sacramento California Area Flood Control Agency Consolidated Capital Assessment District Ser 08 BHAC

 

5.63

 

10/01/37

 

4,172,600

 

 

 

 

 

 

 

 

 

 

 

 

 

Student Loan Revenue—1.4%

 

 

 

 

 

 

 

5,000,000

 

Maine Educational Loan Auth Student Loan Rev (Class A) Ser 09A-3 AGC

 

5.88

 

12/01/39

 

5,022,050

 

 



 

 

 

Tax Increment Revenue—2.7%

 

 

 

 

 

 

 

$

1,100,000

 

Rancho Cucamonga Redevelopment Agency Tax Allocation (Rancho Redevelopment Housing Set Aside) Ser 07A NATL RE

 

5.00

%

09/01/34

 

$

895,301

 

3,930,000

 

Westminster California Redevelopment Agency Tax Allocation Rev Subordinate (Commercial Redevelopment Project No. 1) Ser 09 AGC

 

6.25

 

11/01/39

 

4,080,047

 

5,000,000

 

Westminster California Redevelopment Agency Tax Allocation Rev Subordinate (Commercial Redevelopment Project No. 1) Ser 09 AGC

 

5.75

 

11/01/45

 

4,808,450

 

 

 

 

 

 

 

 

 

9,783,798

 

 

 

Transit Revenue—3.6%

 

 

 

 

 

 

 

2,000,000

 

Metropolitan Transportation Auth New York Rev Ref Insured Ser 02A FSA

 

5.75

 

11/15/32

 

2,066,020

 

400,000

 

New Jersey State Transportation Trust Fund Auth (Transit System) Ser 07A AMBAC

 

5.00

 

12/15/32

 

398,336

 

10,000,000

 

New Jersey State Transportation Trust Fund Auth (Transit System) Ser 08A AGC

 

5.50

 

12/15/38

 

10,399,800

 

 

 

 

 

 

 

 

 

12,864,156

 

 

 

Water Revenue—10.0%

 

 

 

 

 

 

 

2,900,000

 

Anchorage Water Rev Ref Ser 07 NATL RE

 

5.00

 

05/01/37

 

2,848,525

 

1,000,000

 

Birmingham Alabama Waterworks & Sewer Board Rev Ser 09A AGC

 

5.25

 

01/01/39

 

1,005,850

 

400,000

 

Birmingham Alabama Waterworks & Sewer Board Rev Sub-Ser 07A AMBAC

 

4.50

 

01/01/39

 

328,364

 

250,000

 

Broward County Florida Water & Sewer Utility Rev Ser 09A

 

5.25

 

10/01/34

 

251,245

 

2,250,000

 

Chicago Illinois Water Rev Ref (Second Lien) FSA

 

5.25

 

11/01/33

 

2,272,792

 

400,000

 

City of San Antonio Texas Water Rev Ref Ser 07 NATL RE

 

4.50

 

05/15/37

 

359,276

 

2,000,000

 

Detroit Michigan Water Supply System Rev (Second Lien-Remarketed) Ser 06B FSA

 

6.25

 

07/01/36

 

2,083,780

 

2,000,000

 

Detroit Michigan Water Supply System Rev (Second Lien-Remarketed) Ser 06B FSA

 

7.00

 

07/01/36

 

2,220,180

 

1,500,000

 

Detroit Water Supply System Rev (Second Lien) Ref Ser 06C FSA

 

5.00

 

07/01/29

 

1,462,995

 

1,000,000

 

East Bay California Municipal Utility District Water System Rev Sub-Ser 05A NATL RE

 

5.00

 

06/01/35

 

995,620

 

3,570,000

 

Houston Texas Utility System Rev Ref (Combined-First Lien) Ser 09A AGC

 

6.00

 

11/15/35

 

3,834,573

 

4,500,000

 

Indianapolis Industry Local Public Improvement (Waterworks Project) Ser 09A AGC

 

5.50

 

01/01/38

 

4,455,045

 

5,000,000

 

North Fort Bend Water Auth Texas Water System Rev Ser 09 AGC

 

5.25

 

12/15/34

 

4,999,650

 

 



 

$

500,000

 

Philadelphia Water & Wastewater Rev Ref Ser 07B AMBAC

 

4.75

%

11/01/31

 

$

463,330

 

1,000,000

 

Pomona California Public Financing (Water Facilities Project) Ser 07AY AMBAC

 

5.00

 

05/01/47

 

816,850

 

4,000,000

 

Puerto Rico Commonwealth Aqueduct & Sewer Auth Rev (Senior Lien) Ser 08A AGC

 

5.13

 

07/01/47

 

3,848,040

 

2,790,000

 

Riverside California Water Rev Ser 08B FSA

 

5.00

 

10/01/38

 

2,686,268

 

500,000

 

San Francisco City & County Public Utilities Commission Water Rev Ser 06A FSA

 

4.50

 

11/01/31

 

448,380

 

500,000

 

San Luis Obispo County California Financing Auth Rev (Nacimiento Water Project) Ser 07A NATL RE

 

5.00

 

09/01/38

 

440,120

 

 

 

 

 

 

 

 

 

35,820,883

 

 

 

Total Investments

(Cost $360,188,580)(a)—100.6%

 

 

 

 

 

360,502,294

 

 

 

Liabilities in excess of other assets—(0.6%)

 

 

 

 

 

(2,152,090

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Assets—100.0%

 

 

 

 

 

$

358,350,204

 

 


Auth

-Authority

COP

-Certificates of Participation

Ref

-Refunding Bonds

Rev

-Revenue

Ser

-Series

 

 

Glossary of Terms:

AGC

-Assured Guaranty Corp.

AMBAC

-American Municipal Bond Assurance Corp.

BHAC

-Berkshire Hathaway Assurance Corp.

FSA

-Financial Security Assurance, Inc.

NATL RE

-National Public Finance Guarantee Corp.

 

(a)                      At July 31, 2009, the aggregate cost of investments for Federal income tax and financial statements purposes is the same. The net unrealized appreciation was $313,714, which consisted of aggregate gross unrealized appreciation of $7,165,636 and aggregate gross unrealized depreciation of $6,851,922.

 

This table, as of July 31, 2009, provides a listing of those entities that have either guaranteed, backed or otherwise enhanced the credit quality of more than 5% of the value of securities held in the portfolio.  In instances where the entity has guarnateed, backed or otherwise enhanced the credit quality of the security, it is not primarily responsible for the borrower’s obligation but may be called upon to satisfy the borrower’s obligations.

 

Entities

 

Percentage of
Total Investments

 

Assured Guaranty Corp.

 

57.6

%

Financial Security Assurance, Inc.

 

20.1

 

National Public Finance Guarantee Corp.

 

13.1

 

 

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

 



 

 

 

Schedule of Investments

 

 

PowerShares Insured New York Municipal Bond Portfolio

 

 

July 31, 2009 (Unaudited)

 

 

 

 

 

 

 

 

 

 

Principal

 

 

 

Interest

 

Maturity

 

 

 

Amount

 

 

 

Rate

 

Date

 

Value

 

 

 

Municipal Bonds—98.3%

 

 

 

 

 

 

 

 

 

Ad Valorem Property Tax—3.2%

 

 

 

 

 

 

 

$

300,000

 

Haverstraw Stony Point Central School District Rev Ser 07 FSA

 

5.00

%

10/15/24

 

$

321,852

 

700,000

 

New York NY (Fiscal 2008) Sub-Ser 07C-1 FSA

 

5.00

 

10/01/24

 

723,149

 

 

 

 

 

 

 

 

 

1,045,001

 

 

 

College Revenue—15.0%

 

 

 

 

 

 

 

1,000,000

 

New York State Dormitory Auth Rev Non-Special Treatment Supported Debt (Pratt Institute) Ser 09C AGC

 

5.13

 

07/01/39

 

997,670

 

750,000

 

New York State Dormitory Auth Rev Non-Special Treatment School District Bond Financing Program - Ser 08D AGC

 

5.75

 

10/01/24

 

809,153

 

1,000,000

 

New York State Dormitory Auth Rev Non-Special Treatment Supported Debt (Cornell University) Ser 09A

 

5.00

 

07/01/39

 

1,017,149

 

500,000

 

New York State Dormitory Auth Rev Non-Special Treatment Supported Debt (Fordham University) Ser 08B AGC

 

5.00

 

07/01/28

 

516,305

 

500,000

 

New York State Dormitory Auth Rev Non-Special Treatment Supported Debt (Fordham University) Ser 08B AGC

 

5.00

 

07/01/38

 

492,460

 

500,000

 

New York State Dormitory Auth Rev Non-Special Treatment Supported Debt (St. John’s University) Insured Ser 07A NATL RE

 

5.00

 

07/01/27

 

502,895

 

500,000

 

New York State Dormitory Auth Rev Non-Special Treatment Supported Debt Mount Sinai School - Medical New York Ser 07 NATL RE

 

5.00

 

07/01/35

 

476,940

 

 

 

 

 

 

 

 

 

4,812,572

 

 

 

Electric Power Revenue—3.1%

 

 

 

 

 

 

 

500,000

 

Long Island Power Auth Electric System Rev Ser 04A AMBAC

 

5.00

 

09/01/34

 

474,655

 

500,000

 

Long Island Power Auth New York Electric Systems Rev General Ser 08A BHAC

 

5.50

 

05/01/33

 

521,400

 

 

 

 

 

 

 

 

 

996,055

 

 

 

Highway Tolls Revenue—6.3%

 

 

 

 

 

 

 

600,000

 

New York State Thruway Auth General Rev Ser 07H NATL RE

 

5.00

 

01/01/37

 

574,104

 

400,000

 

Puerto Rico Commonwealth Highway & Transportation Auth Transportation Rev Ref Ser 07N FGIC

 

5.25

 

07/01/39

 

338,508

 

 



 

$

1,100,000

 

Triborough Bridge & Tunnel Auth Rev Ref Ser 02 NATL RE

 

5.00

%

11/15/32

 

$

1,104,862

 

 

 

 

 

 

 

 

 

2,017,474

 

 

 

Hospital Revenue—8.1%

 

 

 

 

 

 

 

600,000

 

New York State Dormitory Auth Rev Mental Health Services Facilities Improvement Ser 05B AMBAC

 

5.00

 

02/15/30

 

600,276

 

1,000,000

 

New York State Dormitory Auth Rev Non-Special Treatment Supported Debt (Health Quest Systems) Ser 07B AGC

 

5.25

 

07/01/27

 

1,027,280

 

1,000,000

 

New York State Dormitory Auth Rev Special Treatment Supported Debt (Mental Health Services Facilities Improvement) Ser 08A FSA

 

5.00

 

02/15/38

 

992,470

 

 

 

 

 

 

 

 

 

2,620,026

 

 

 

Hotel Occupancy Tax—4.0%

 

 

 

 

 

 

 

1,500,000

 

New York Convention Center Development Corp. Rev (Hotel Unit Fee Secured) Ser 05 AMBAC

 

5.00

 

11/15/44

 

1,282,950

 

 

 

 

 

 

 

 

 

 

 

 

 

Income Tax Revenue—4.5%

 

 

 

 

 

 

 

600,000

 

New York City Transitional Finance Auth Building Aid Rev Ser 07S-2 FGIC

 

4.25

 

01/15/34

 

500,898

 

500,000

 

New York State Urban Development Corp. Rev (State Personal Income Tax) Ser 07C NATL RE

 

4.50

 

03/15/37

 

457,870

 

500,000

 

New York State Urban Development Corp. Rev (State Personal Income Tax) Ser 09B-1

 

5.00

 

03/15/36

 

497,785

 

 

 

 

 

 

 

 

 

1,456,553

 

 

 

Lease Revenue—7.4%

 

 

 

 

 

 

 

500,000

 

Erie County New York Industrial Development Agency School Facility Rev (City School District of Buffalo Project) Ser 03 FSA

 

5.75

 

05/01/23

 

521,000

 

350,000

 

Niagara Falls City School District Ref (High School Facilities) Ser 05 FSA

 

5.00

 

06/15/28

 

310,930

 

1,000,000

 

Puerto Rico Public Buildings Auth Rev Ref (Government Facilities-Remarketed) Ser 04K FSA

 

5.25

 

07/01/27

 

1,005,320

 

700,000

 

Rensselaer City School District Ser 06 XLCA

 

5.00

 

06/01/36

 

551,586

 

 

 

 

 

 

 

 

 

2,388,836

 

 

 

Miscellaneous Revenue—4.4%

 

 

 

 

 

 

 

500,000

 

Erie County New York Industrial Development Agency School Facility Rev (City School District of the city of Buffalo Project) Ser 03A FSA

 

5.75

 

05/01/28

 

524,760

 

 



 

$

1,100,000

 

Hudson Yards Infrastructure Corp., New York Rev Ser 06A NATL RE

 

4.50

%

02/15/47

 

$

876,689

 

 

 

 

 

 

 

 

 

1,401,449

 

 

 

Port, Airport & Marina Revenue—6.2%

 

 

 

 

 

 

 

1,000,000

 

Port Auth of New York & New Jersey (Consolidated-One Hundred Forty-Eighth) Ser 07 FSA

 

5.00

 

08/15/33

 

1,008,540

 

1,000,000

 

Port Auth of New York & New Jersey (Consolidated-One Hundred Forty Eighth) Ser 07 FSA

 

5.00

 

08/15/37

 

1,003,260

 

 

 

 

 

 

 

 

 

2,011,800

 

 

 

Recreational Revenue—12.6%

 

 

 

 

 

 

 

1,000,000

 

New York City Industrial Development Agency Rev Queens Baseball Stadium (Pilot) Ser 06 AMBAC

 

5.00

 

01/01/46

 

804,440

 

1,000,000

 

New York City Industrial Development Agency Rev Queens Baseball Stadium (Pilot) Ser 09 AGC

 

6.50

 

01/01/46

 

1,067,310

 

1,000,000

 

New York City Industrial Development Agency Rev Yankee Stadium (Pilot) Ser 09 AGC

 

7.00

 

03/01/49

 

1,083,320

 

600,000

 

New York City Trust for Cultural Resources Rev (American Museum of National History) Ser 04A NATL RE

 

5.00

 

07/01/44

 

575,154

 

500,000

 

New York City Trust for Cultural Resources Rev Ref (Museum of Modern Art) Ser 08-1A

 

5.00

 

04/01/27

 

523,145

 

 

 

 

 

 

 

 

 

4,053,369

 

 

 

Sales Tax Revenue—6.4%

 

 

 

 

 

 

 

2,000,000

 

Sales Tax Asset Receivables Corp. Ser 04A AMBAC

 

5.00

 

10/15/32

 

2,048,520

 

 

 

 

 

 

 

 

 

 

 

 

 

Transit Revenue—3.3%

 

 

 

 

 

 

 

505,000

 

Metropolitan Transportation Auth New York Rev Ref Insured Ser 02A FSA

 

5.75

 

11/15/32

 

521,670

 

600,000

 

Metropolitan Transportation Auth Rev Ser 07A NATL RE

 

4.75

 

11/15/37

 

528,330

 

 

 

 

 

 

 

 

 

1,050,000

 

 

 

Water Revenue—13.8%

 

 

 

 

 

 

 

1,000,000

 

Nassau County New York Sewer & Storm Water Finance Auth System Rev Ser 08A BHAC

 

5.38

 

11/01/28

 

1,069,380

 

600,000

 

New York City Municipal Finance Auth Water & Sewer System Rev Ser 07A FSA

 

4.25

 

06/15/39

 

514,662

 

1,000,000

 

New York City Municipal Water Finance Auth Water & Sewer Rev (2nd Generation Resolution) Ser 08DD

 

6.00

 

06/15/40

 

1,087,220

 

 



 

$

1,250,000

 

New York State Environmental Facilities Corp. State Clean & Drinking Water Revolving Funds Rev (New York City Municipal Water) Ser 04E

 

5.00

%

06/15/30

 

$

1,282,438

 

500,000

 

Puerto Rico Commonwealth Aqueduct & Sewer Auth Rev (Senior Lien) Ser 08A AGC

 

5.13

 

07/01/47

 

481,005

 

 

 

 

 

 

 

 

 

4,434,705

 

 

 

Total Investments

 

 

 

 

 

 

 

 

 

(Cost $31,762,009)(a)—98.3%

 

 

 

 

 

31,619,310

 

 

 

Other assets less liabilities—1.7%

 

 

 

 

 

547,029

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Assets—100.0%

 

 

 

 

 

$

32,166,339

 

 


Auth

-Authority

Ref

-Refunding Bonds

Rev

-Revenue

Ser

-Series

 

 

Glossary of Terms:

AGC

-Assured Guaranty Corp.

AMBAC

-American Municipal Bond Assurance Corp.

BHAC

-Berkshire Hathaway Insurance Co.

FGIC

-Financial Guaranty Insurance Co.

FSA

-Financial Security Assurance, Inc.

NATL RE

-National Public Finance Guarantee Corp.

XLCA

-XL Capital Assurance, Inc.

 

(a)             At July 31, 2009, the aggregate cost of investments for Federal income tax and financial statements purposes is the same. The net unrealized depreciation was $142,699, which consisted of aggregate gross unrealized appreciation of $950,921 and aggregate gross unrealized depreciation of $1,093,620.

 

This table, as of July 31, 2009, provides a listing of those entities that have either guaranteed, backed or otherwise enhanced the credit quality of more than 5% of the value of securities held in the portfolio.  In instances where the entity has guaranteed, backed or otherwise enhanced the credit quality of a security, it is not primarily responsible for the borrower’s obligation but may be called upon to satisfy the borrower’s obligations.

 

 

 

Percentage

 

 

 

of Total

 

Entities

 

Investments

 

Financial Security Assurance, Inc.

 

23.6

%

Assured Guaranty Corp.

 

20.5

 

National Public Finance Gurantee Corp.

 

17.7

 

American Municipal Bond Assurance Corp.

 

16.5

 

Berkshire Hathway Insurance Co.

 

5.0

 

 

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

 



 

 

 

Schedule of Investments

 

 

PowerShares Preferred Portfolio

 

 

July 31, 2009 (Unaudited)

 

 

 

 

 

 

Number

 

 

 

 

 

of Shares

 

 

 

Value

 

 

 

Preferred Stocks—99.8%

 

 

 

 

 

Banks—37.3%

 

 

 

1,558,862

 

Barclays Bank PLC, 8.13% (United Kingdom)

 

$

35,697,941

 

145,561

 

BNY Capital V, 5.95%, Series F

 

3,216,898

 

483,265

 

Fifth Third Capital Trust VI, 7.25%

 

9,539,651

 

212,483

 

Goldman Sachs Group, Inc., 6.20%, Series B

 

5,074,094

 

1,247,102

 

HSBC Holdings PLC, 8.13% (United Kingdom)

 

31,140,137

 

735,361

 

JPMorgan Chase & Co., 8.63%

 

19,148,800

 

391,494

 

KeyCorp Capital IX, 6.75%

 

7,524,515

 

165,128

 

National Bank Greece S.A., 9.00% (Greece)

 

3,880,508

 

460,402

 

National City Capital Trust II, 6.63%

 

9,254,080

 

240,266

 

PNC Capital Trust D, 6.13%

 

5,088,834

 

181,412

 

Santander Finance S.A. Unipersonal, 6.50% (Spain)

 

4,000,135

 

265,903

 

Santander Finance S.A. Unipersonal, 6.41%, Series 1 (Spain)

 

5,985,477

 

181,496

 

Suntrust Capital IX, 7.88%

 

4,032,841

 

846,162

 

USB Capital XI, 6.60%

 

19,546,342

 

1,047,066

 

Wachovia Capital Trust IV, 6.38%

 

20,595,788

 

559,013

 

Wells Fargo & Co., 8.00%, Series J

 

13,388,361

 

1,190,345

 

Wells Fargo Capital Trust IV, 7.00%

 

29,353,908

 

 

 

 

 

226,468,310

 

 

 

Chemicals—0.6%

 

 

 

46,507

 

EI Du Pont de Nemours & Co., 4.50%, Series B

 

3,633,592

 

 

 

 

 

 

 

 

 

Diversified Financial Services—26.8%

 

 

 

855,580

 

ABN AMRO Capital Funding Trust VII, 6.08%, Series G

 

11,738,558

 

48,581

 

Ameriprise Financial, Inc., 7.75%

 

1,129,508

 

975

 

Bear Stearns Capital Trust III, 7.80%

 

23,849

 

90,930

 

Capital One Capital II, 7.50%

 

1,954,086

 

400,883

 

Credit Suisse Guernsey, 7.90% (Switzerland)

 

10,022,075

 

806,818

 

Deutsche Bank Capital Funding Trust IX, 6.63%

 

16,257,383

 

920,743

 

Deutsche Bank Contingent Capital Trust V, 8.05%

 

20,992,940

 

960,652

 

General Electric Capital Corp., 6.10%

 

21,518,605

 

1,790,290

 

JP Morgan Chase Capital X, 7.00%

 

44,345,482

 

1,271,064

 

Morgan Stanley Capital Trust VII, 6.60%

 

26,488,974

 

95,844

 

National Rural Utilities Cooperative Finance Corp., 5.95%

 

2,201,537

 

187,311

 

Respol International Capital Ltd., 7.45%, Series A

 

4,589,120

 

79,303

 

SLM Corp., 6.00%

 

1,174,477

 

 

 

 

 

162,436,594

 

 

 

Electric—7.5%

 

 

 

589,184

 

Alabama Power Co., 5.88%, Series 07-B (~)

 

15,142,028

 

82,153

 

BGE Capital Trust II, 6.20%

 

1,622,522

 

52,508

 

Consolidated Edison Co. of New York, Inc., 5.00%, Series A

 

4,657,460

 

178,306

 

Dominion Resources, Inc., 8.38%, Series A

 

4,641,305

 

147,876

 

Entergy Texas, Inc., 7.88%

 

3,866,957

 

387,590

 

FPL Group Capital, Inc., 6.60%, Series A

 

9,864,165

 

41,086

 

Interstate Power & Light Co., 8.38%, Series B

 

1,109,733

 

23,444

 

Pacific Gas & Electric Co., 6.00%, Series A

 

605,559

 

155,184

 

Xcel Energy, Inc., 7.60%

 

4,065,821

 

 

 

 

 

45,575,550

 

 



 

 

 

Insurance—15.7%

 

 

 

 

781,787

 

Aegon N.V., 6.38% (Netherlands)

 

$

12,508,592

 

525,863

 

Allianz SE, 8.38% (Germany)

 

12,704,850

 

85,223

 

Arch Capital Group Ltd., 8.00%, Series A

 

1,998,479

 

65,981

 

Berkley W.R. Capital Trust II, 6.75%

 

1,540,656

 

56,312

 

Endurance Specialty Holdings Ltd., 7.75%, Series A

 

1,151,580

 

85,227

 

Everest Re Capital Trust II, 6.20%, Series B

 

1,822,153

 

2,011,716

 

ING Groep N.V., 7.20% (Netherlands) (~)

 

40,375,141

 

112,702

 

Lincoln National Capital VI, 6.75%, Series F

 

2,232,627

 

39,428

 

Markel Corp., 7.50%

 

1,001,077

 

397,469

 

MetLife, Inc., 6.50%, Series B

 

9,102,040

 

133,928

 

PartnerRe Ltd., 6.75%, Series C

 

3,053,558

 

145,493

 

Prudential PLC, 6.50% (United Kingdom)

 

3,091,726

 

171,435

 

RenaissanceRe Holdings Ltd., 6.60%, Series D

 

3,603,564

 

20,784

 

Selective Insurance Group, 7.50%

 

454,546

 

25,076

 

Torchmark Capital Trust III, 7.10%

 

603,078

 

 

 

 

 

95,243,667

 

 

 

Media—3.7%

 

 

 

271,185

 

CBS Corp., 6.75%

 

5,030,482

 

538,381

 

Comcast Corp., 7.00%, Series B

 

12,996,517

 

196,897

 

Viacom, Inc., 6.85%

 

4,400,648

 

 

 

 

 

22,427,647

 

 

 

REITS—6.3%

 

 

 

24,623

 

BRE Properties, Inc., 6.75%, Series C

 

467,098

 

241,535

 

Duke Realty Corp., 6.60%, Series L

 

4,144,741

 

41,152

 

Equity Residential Properties, 6.48%, Series N

 

812,752

 

168,372

 

Kimco Realty Corp., 7.75%, Series G

 

3,675,561

 

76,112

 

PS Business Parks, Inc., 7.00%, Series H

 

1,592,263

 

887,260

 

Public Storage, 7.25%, Series I

 

21,516,055

 

91,203

 

Realty Income Corp., 6.75%, Series E

 

1,951,744

 

192,321

 

Vornado Realty Trust, 6.63%, Series I

 

3,786,800

 

 

 

 

 

37,947,014

 

 

 

Telecommunications—1.9%

 

 

 

317,935

 

AT&T, Inc., 6.38%

 

8,304,462

 

168,396

 

Telephone & Data Systems, Inc., 6.63%

 

3,359,500

 

 

 

 

 

11,663,962

 

 

 

Total Investments

 

 

 

 

 

(Cost $507,604,178)(a)—99.8%

 

605,396,336

 

 

 

Other assets less liabilities—0.2%

 

1,472,737

 

 

 

 

 

 

 

 

 

Net Assets—100.0%

 

$

606,869,073

 

 


REIT

 

- Real Estate Investment Trust

 

 

 

(~)

 

Affiliated Investment.  The 1940 Act defines “affiliate” to include issuers of which a fund holds 5% or more of the outstanding voting securities.  The following is a summary of the transactions with affiliates for the nine months ended July 31, 2009.

 

 

 

 

 

 

 

 

 

Change in

 

 

 

 

 

 

 

 

 

Value

 

Purchases at

 

Proceeds from

 

Unrealized

 

Realized

 

Value

 

Dividend

 

 

 

10/31/08

 

Cost

 

Sales

 

Appreciation

 

Gain (Loss)

 

07/31/09

 

Income

 

Alabama Power Co., 5.88%, Series 07-B

 

$

3,436,280

 

$

11,737,103

 

$

(786,984

)

$

713,741

 

$

41,888

 

$

15,142,028

 

$

379,941

 

ING Groep N.V., 7.20% (Netherlands)

 

7,341,764

 

19,764,119

 

(1,269,354

)

14,571,166

 

(32,554

)

40,375,141

 

1,744,507

 

Total Investments in Affiliates

 

10,778,044

 

31,501,222

 

(2,056,338

)

15,284,907

 

9,334

 

55,517,169

 

2,124,448

 

 



 

(a)

 

At July 31, 2009, the aggregate cost of investments for Federal income tax purposes was $512,529,756. The net unrealized appreciation was $92,866,580, which consisted of aggregate gross unrealized appreciation of $92,866,580 and aggregate gross depreciation of $0.

 

The Fund has holdings greater than 10% of the net assets in the following country:

 

United Kingdom

 

11.5

%

 

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

 



 

 

 

Schedule of Investments

 

 

PowerShares VRDO Tax-Free Weekly Portfolio

 

 

July 31, 2009 (Unaudited)

 

Principal

 

 

 

Interest

 

Maturity

 

 

 

Amount

 

 

 

Rate (!)

 

Date

 

Value

 

 

 

Municipal Bonds (#)—99.5%

 

 

 

 

 

 

 

 

 

Ad Valorem Property Tax—4.6%

 

 

 

 

 

 

 

$

3,500,000

 

Chicago Illinois Board of Education Ser 00B FSA

 

1.00

%

03/01/32

 

$

3,500,000

 

4,295,000

 

District of Columbia Ref Ser 08A

 

0.55

 

06/01/34

 

4,295,000

 

5,000,000

 

Luzerne County Pennsylvania Ser 06A FSA

 

0.60

 

11/15/26

 

5,000,000

 

4,100,000

 

New York - City of New York Ser 95F-4

 

0.28

 

02/15/20

 

4,100,000

 

1,500,000

 

New York - City of New York Ser 95F-5

 

0.28

 

02/15/16

 

1,500,000

 

500,000

 

New York - City of New York Sub Ser 96J3

 

0.25

 

02/15/16

 

500,000

 

10,000,000

 

New York State Ser 00B

 

0.90

 

03/15/30

 

10,000,000

 

2,000,000

 

North Carolina State Public Improvements Ser 02D

 

0.14

 

06/01/19

 

2,000,000

 

5,450,000

 

Rochester Minnesota Rev (Waste Water) Ser 07B

 

0.33

 

12/01/26

 

5,450,000

 

2,000,000

 

Shelby County Tennessee Ser 06C

 

1.00

 

12/01/31

 

2,000,000

 

 

 

 

 

 

 

 

 

38,345,000

 

 

 

College Revenue—9.9%

 

 

 

 

 

 

 

1,700,000

 

Charlottesville Virginia Industrial Development Auth Educational Facilities Rev (University of Virginia Foundation Projects) Ser 06B

 

0.38

 

12/01/37

 

1,700,000

 

10,000,000

 

Connecticut State Health & Educational Facilities Auth Rev (Yale University) Ser 99U2

 

0.23

 

07/01/33

 

10,000,000

 

5,000,000

 

District of Columbia Rev (George Washington University-Remarketed) Ser 00B

 

0.30

 

09/15/29

 

5,000,000

 

5,000,000

 

District of Columbia Rev Ref (Howard University Issue-Remarketed) Ser 06B

 

0.38

 

10/01/26

 

5,000,000

 

5,500,000

 

Houston Texas Higher Education Finance Corp. Rev Ref (Rice University Project) Ser 06B

 

0.28

 

11/15/29

 

5,500,000

 

3,400,000

 

Massachusetts State Health & Educational Facilities Auth Rev (Harvard University) Ser 00Y

 

0.15

 

07/01/35

 

3,400,000

 

2,000,000

 

Missouri State Health & Educational Facilities Auth Rev (Washington University) Ser 04A

 

0.30

 

02/15/34

 

2,000,000

 

6,000,000

 

New Hampshire Health & Education Facilities Auth Rev (Dartmouth College Issue) Ser 02

 

0.23

 

06/01/32

 

6,000,000

 

5,000,000

 

New York City Industrial Development Agency Civic Facility Rev (New York Law School Project-Remarketed) Ser 06B-2

 

2.25

 

07/01/36

 

5,000,000

 

 



 

$

3,900,000

 

New York State Dormitory Auth Rev State Supported Debt (Cornell University Remarketed) Ser 04A

 

0.15

%

07/01/33

 

$

3,900,000

 

15,370,000

 

Niagara County New York Industrial Development Agency Civic Facility Rev (Student Housing Village Corp.) Ser 07A

 

2.40

 

06/01/37

 

15,370,000

 

5,000,000

 

Ohio State Higher Educational Facility Rev Ref (Case Western Reserve University Project) Ser 08A

 

0.75

 

12/01/44

 

5,000,000

 

500,000

 

Payne County Economic Development Auth Student Housing Rev (OSUF Phase III Project) Ser 02 AMBAC

 

7.50

 

07/01/32

 

500,000

 

5,000,000

 

Pennsylvania State Higher Educational Facilities Auth College & University Rev (St. Joseph's University) Ser 08A

 

0.43

 

07/15/36

 

5,000,000

 

3,200,000

 

Rhode Island State Health & Educational Building Corp. Rev (Catholic School Pool Program) Ser 05A

 

2.50

 

04/01/35

 

3,200,000

 

5,000,000

 

University of Illinois COP (Utility Infrastructure Projects) Ser 04

 

0.40

 

08/15/21

 

5,000,000

 

 

 

 

 

 

 

 

 

81,570,000

 

 

 

Economic Development Revenue—1.2%

 

 

 

 

 

 

 

10,000,000

 

Louisiana Public Facilities Auth Rev (II City Plaza LLC Project) Ser 08

 

3.75

 

03/01/40

 

10,000,000

 

 

 

 

 

 

 

 

 

 

 

 

 

Electric Power Revenue—5.6%

 

 

 

 

 

 

 

23,200,000

 

Austin Texas Water & Wastewater System Rev Ref Ser 04 FSA

 

0.90

 

05/15/24

 

23,200,000

 

5,000,000

 

Long Island Power Auth New York Electric Systems Rev (General Remarketed) Ser 03N FSA

 

0.85

 

12/01/29

 

5,000,000

 

6,000,000

 

Municipal Electric Authority of Georgia (Project One-Remarketed) Ser 94B FSA

 

1.45

 

01/01/16

 

6,000,000

 

7,000,000

 

Piedmont Municipal Power Agency South Carolina Electric Rev Ser 08C AGC

 

0.80

 

01/01/34

 

7,000,000

 

5,000,000

 

Southern California Public Power Auth Transmission Project Rev Subordinate Ref (Southern Transmission) Ser 00A FSA

 

1.00

 

07/01/23

 

5,000,000

 

 

 

 

 

 

 

 

 

46,200,000

 

 

 

General Fund—0.1%

 

 

 

 

 

 

 

500,000

 

North Carolina State Public Improvements Ser 02D

 

0.40

 

05/01/21

 

500,000

 

500,000

 

North Carolina State Public Improvements Ser 02E

 

0.23

 

05/01/21

 

500,000

 

 

 

 

 

 

 

 

 

1,000,000

 

 

 

Highway Tolls Revenue—10.0%

 

 

 

 

 

 

 

10,000,000

 

Bay Area Toll Auth California Toll Bridge Rev (Bay Area Remarketed) Ser 04B

 

0.80

 

04/01/39

 

10,000,000

 

4,900,000

 

Delaware River Joint Toll Bridge Commission Pennsylvania Bridge Rev Ser 07B-1

 

0.55

 

07/01/32

 

4,900,000

 

 



 

$

1,800,000

 

Illinois State Toll Highway Auth Rev Ref Ser 98B FSA

 

0.70

%

01/01/16

 

$

1,800,000

 

1,400,000

 

Illinois State Toll Highway Auth Rev Ref Ser 98B FSA

 

0.70

 

01/01/17

 

1,400,000

 

7,800,000

 

New Jersey State Turnpike Auth Turnpike Rev Ser 03C-1 FSA

 

1.00

 

01/01/24

 

7,800,000

 

14,000,000

 

New Jersey State Turnpike Auth Turnpike Rev Ser 03C-2 FSA

 

1.00

 

01/01/24

 

14,000,000

 

6,000,000

 

Oklahoma State Turnpike Auth Rev Ref (Second Senior-Convertible) Ser 06D

 

0.31

 

01/01/28

 

6,000,000

 

5,000,000

 

Orlando & Orange County Expressway Auth (Florida Expressway Rev) Ref Sub-Ser 08B-1

 

0.35

 

07/01/40

 

5,000,000

 

7,200,000

 

Pennsylvania State Turnpike Commission Rev Ser 02A-1

 

0.43

 

12/01/30

 

7,200,000

 

17,745,000

 

Triborough Bridge & Tunnel Auth New York Rev (General Remarketed) Ser 01C

 

0.90

 

01/01/32

 

17,745,000

 

3,600,000

 

Triborough Bridge & Tunnel Auth New York Rev Ref (Remarketed) Sub-Ser 00CD FSA

 

0.45

 

01/01/19

 

3,600,000

 

2,910,000

 

Triborough Bridge & Tunnel Auth New York Rev Ser 05A

 

1.00

 

11/01/35

 

2,910,000

 

 

 

 

 

 

 

 

 

82,355,000

 

 

 

Hospital Revenue—25.6%

 

 

 

 

 

 

 

10,000,000

 

California Health Facilities Financing Auth Rev (Insured-Catholic Healthcare) Ser 88C NATL RE

 

0.50

 

07/01/20

 

10,000,000

 

1,755,000

 

Charlotte—Mecklenburg Hospital Auth North Carolina Health Care System Rev Ref (Carolina-Remarketed) Ser 07B

 

2.30

 

01/15/38

 

1,755,000

 

7,925,000

 

Charlotte—Mecklenburg Hospital Auth North Carolina Health Care System Rev (Carolinas) Ser 07K FSA

 

2.65

 

01/15/47

 

7,925,000

 

7,000,000

 

Charlotte—Mecklenburg Hospital Auth North Carolina Health Care System Rev Ref (Carolina-Remarketed) Ser 07L

 

1.75

 

01/15/36

 

7,000,000

 

6,000,000

 

Cobb County Georgia Kennestone Hospital Auth (RAC-Remarketed) Ser 05A

 

2.15

 

04/01/40

 

6,000,000

 

1,300,000

 

Colorado Health Facilities Auth Rev (Catholic Health Initiatives) Ser 00B

 

0.27

 

12/01/20

 

1,300,000

 

1,500,000

 

Colorado Health Facility Auth Rev (Banner Health) Ser 05A NATL RE

 

0.30

 

03/01/23

 

1,500,000

 

5,785,000

 

DeKalb Private Hospital Auth Georgia RAC (Egleston Children's Hospital) Ser 94A

 

1.72

 

03/01/24

 

5,785,000

 

12,720,000

 

Fairfax County Virginia Industrial Development Auth Rev (Inova Health System Project) Ser 05A-1

 

0.95

 

05/15/35

 

12,720,000

 

5,000,000

 

Gwinnett County Georgia Hospital Auth RAC (Gwinnett Hospital System Project) Ser 07D FSA

 

3.50

 

07/01/41

 

5,000,000

 

15,000,000

 

Hall County Gainesville Georgia Hospital Auth RAC (Northeast Georgia) Ser 07G AGC

 

2.00

 

05/01/36

 

15,000,000

 

 



 

$

12,000,000

 

Harris County Texas Health Facilities Development Corp. Hospital Rev Ref (Memorial Hermann Healthcare System) Ser 08A FSA

 

1.05

%

06/01/27

 

$

12,000,000

 

5,800,000

 

Henrico County Virginia Economic Development Auth Rev (Bon Secours Health System) Ser 08B1 AGC

 

1.00

 

11/01/42

 

5,800,000

 

15,175,000

 

Illinois Finance Auth Rev (Elmhurst Memorial Healthcare) Ser 08E

 

1.72

 

01/01/48

 

15,175,000

 

2,000,000

 

Indiana Health & Educational Facilities Finance Auth Rev (Parkview Health System, Inc.) Ser 05B AMBAC

 

6.00

 

11/01/28

 

2,000,000

 

4,090,000

 

Indiana Health & Educational Facilities Financing Auth Rev (Parkview Health System) Ser 05A AMBAC

 

6.00

 

11/01/33

 

4,090,000

 

13,000,000

 

Iowa Finance Auth Health Facilities Rev (Iowa Health System) Ser 08A-2 AGC

 

1.00

 

08/15/37

 

13,000,000

 

23,000,000

 

Louisiana Public Facilities Auth Rev (CHRISTUS Health) Ser 07C NATL RE

 

6.00

 

07/01/47

 

23,000,000

 

5,000,000

 

Maryland State Health & Higher Educational Facilities Auth Rev (University of Maryland Medical Systems) Ser 07A

 

0.28

 

07/01/34

 

5,000,000

 

9,050,000

 

Missouri State Health & Educational Facilities Auth Health Facilities Rev (SSM Health Care) Ser 05C-4 FSA

 

0.52

 

06/01/33

 

9,050,000

 

15,000,000

 

New Hampshire Health & Education Facilities Auth Rev (Dartmouth Hitchcock Obligation) Ser 01A FSA

 

1.25

 

08/01/31

 

15,000,000

 

5,550,000

 

Orange County Florida Health Facilities Auth Rev (Hospital Orlando Regional) Ser 08F

 

1.75

 

10/01/26

 

5,550,000

 

7,000,000

 

Shelby County Tennessee Health Educational & Housing Facility Board Rev (Methodist Le Bonheur) Ser 08B AGC

 

0.33

 

06/01/42

 

7,000,000

 

9,300,000

 

Southcentral Pennsylvania General Auth Rev (Wellspan Health Obligated Group) Ser 08D

 

1.72

 

06/01/35

 

9,300,000

 

5,000,000

 

St. Joseph County Indiana Hospital Auth Health Systems Rev Ref (Memorial Health) Ser 08A

 

1.72

 

08/15/33

 

5,000,000

 

6,000,000

 

St. Joseph County Indiana Hospital Auth Health Systems Rev Ref (Memorial Health) Ser 08B

 

1.72

 

08/15/34

 

6,000,000

 

1,000,000

 

University of Wisconsin Hospitals & Clinics Auth Rev Ref Ser 09A

 

0.38

 

04/01/32

 

1,000,000

 

 

 

 

 

 

 

 

 

211,950,000

 

 

 

Industrial Revenue—2.4%

 

 

 

 

 

 

 

20,000,000

 

Washington County Alabama Industrial Development Auth Rev (Bay Gas Storage Co. Ltd. Project) Ser 07

 

3.25

 

08/01/37

 

20,000,000

 

 

 

 

 

 

 

 

 

 

 

 

 

Lease Revenue—5.0%

 

 

 

 

 

 

 

1,900,000

 

Broward County Florida School Board COP Ser 04D FSA

 

0.70

 

07/01/29

 

1,900,000

 

5,000,000

 

Broward County Florida School Board COP Ser 05 FSA

 

0.40

 

07/01/21

 

5,000,000

 

 



 

$

18,875,000

 

Cleveland-Cuyahoga County Port Auth Rev (Carnegie/96th Research Building Project) Ser 03

 

2.53

%

01/01/33

 

$

18,875,000

 

3,410,000

 

San Francisco California City & County Finance Corp. Lease Rev Ref (Moscone Center) Ser 08-1

 

0.32

 

04/01/30

 

3,410,000

 

12,230,000

 

University of South Florida Financing Corp. COP (University of South Florida College of Medicine Health Facilities) Ser 07

 

1.40

 

07/01/37

 

12,230,000

 

 

 

 

 

 

 

 

 

41,415,000

 

 

 

Local Housing Revenue—1.9%

 

 

 

 

 

 

 

9,815,000

 

Maryland State Community Development Administration Department Housing & Community Development (Multifamily) Ser 08E

 

1.80

 

03/01/41

 

9,815,000

 

3,100,000

 

Massachusetts State Housing Finance Agency Rev Ser 03F FSA

 

1.00

 

12/01/37

 

3,100,000

 

2,800,000

 

New Hampshire State Housing Financing Auth Multifamily Rev (Ref EQR Board Partnership Project) Ser 96

 

0.40

 

09/15/26

 

2,800,000

 

 

 

 

 

 

 

 

 

15,715,000

 

 

 

Miscellaneous Revenue—13.0%

 

 

 

 

 

 

 

500,000

 

Baltimore Maryland Industrial Development Auth (Baltimore Capital Acquisition) Ser 86

 

0.48

 

08/01/16

 

500,000

 

6,000,000

 

California State Sub-Ser 05A-1

 

0.75

 

05/01/40

 

6,000,000

 

20,000,000

 

California State Sub-Ser 05B-5

 

5.00

 

05/01/40

 

20,000,000

 

4,870,000

 

Clarksville Tennessee Public Building Auth Rev (Pooled Financing Tennessee Municipal Bond Fund) Ser 99

 

0.40

 

06/01/29

 

4,870,000

 

4,000,000

 

Connecticut State Special Tax Obligation Rev (Second Lien) Transportation Infrastructure Purposes Ser 90-1 FSA

 

0.65

 

12/01/10

 

4,000,000

 

10,000,000

 

Delaware Valley Regional Finance Auth Local Government Rev Ser 85C

 

1.50

 

12/01/20

 

10,000,000

 

11,500,000

 

Delaware Valley Regional Finance Auth Local Government Rev Ser 86-1

 

1.50

 

08/01/16

 

11,500,000

 

10,000,000

 

Illinois State Ser 03B

 

3.25

 

10/01/33

 

10,000,000

 

10,000,000

 

Indianapolis Local Public Improvement Bond Bank Ref Ser 02F-1 NATL RE

 

3.75

 

02/01/20

 

10,000,000

 

23,500,000

 

Maryland State Health & Higher Educational Facilities Auth Rev (Carnegie Institution Issue) Ser 02

 

1.65

 

10/01/37

 

23,500,000

 

5,000,000

 

Massachusetts State Ref Ser 98A

 

0.35

 

09/01/16

 

5,000,000

 

1,900,000

 

Montgomery County Tennessee Public Building Auth Pooled Funding Government Obligation (Tennessee County Loan Pool) Ser 95

 

0.40

 

03/01/25

 

1,900,000

 

 

 

 

 

 

 

 

 

107,270,000

 

 

 

Miscellaneous Tax Revenue—3.4%

 

 

 

 

 

 

 

10,000,000

 

Massachusetts Bay Transportation Auth (General Transportation System) Ser 00

 

0.60

 

03/01/30

 

10,000,000

 

 



 

$

12,000,000

 

New York State Local Government Assistance Corp. Ref Sub-Lien Ser 03A-4V FSA

 

0.80

%

04/01/22

 

$

12,000,000

 

6,000,000

 

Oregon State Department of Transportation Highway User Tax Rev (Sub Lien) Ser 07B-1

 

0.55

 

11/15/27

 

6,000,000

 

 

 

 

 

 

 

 

 

28,000,000

 

 

 

Multiple Utility Revenue—1.0%

 

 

 

 

 

 

 

8,000,000

 

Colorado Springs Colorado Utilities Rev (Sub-Lien Improvement) Ser 06B

 

0.90

 

11/01/36

 

8,000,000

 

 

 

 

 

 

 

 

 

 

 

 

 

Port, Airport & Marina Revenue—2.4%

 

 

 

 

 

 

 

5,000,000

 

Atlanta Georgia Airport Rev Ref General Ser 03RF-B-2 NATL RE

 

4.50

 

01/01/30

 

5,000,000

 

5,000,000

 

Atlanta Georgia Airport Rev Ref General Ser 03RF-B-3 NATL RE

 

4.75

 

01/01/30

 

5,000,000

 

5,000,000

 

Atlanta Georgia Airport Rev Ref General Ser 03RF-C-2 NATL RE

 

4.00

 

01/01/30

 

5,000,000

 

4,500,000

 

Metropolitan Washington DC Airport Auth System Sub-Ser 09A-2

 

2.50

 

10/01/39

 

4,500,000

 

 

 

 

 

 

 

 

 

19,500,000

 

 

 

Recreational Revenue—1.5%

 

 

 

 

 

 

 

2,500,000

 

Appleton Wisconsin Redevelopment Auth Rev (Fox Cities Performing Art Center) Ser 01B

 

3.25

 

06/01/36

 

2,500,000

 

5,050,000

 

Fulton County Georgia Development Auth Rev (Robert W. Woodruff Arts Center, Inc. Project) Ser 02

 

0.40

 

02/01/32

 

5,050,000

 

5,000,000

 

Illinois Finance Auth Rev (Chicago Symphony Orchestra) Ser 08

 

1.00

 

05/01/48

 

5,000,000

 

 

 

 

 

 

 

 

 

12,550,000

 

 

 

Sales Tax Revenue—1.1%

 

 

 

 

 

 

 

2,100,000

 

Metropolitan Atlanta Rapid Transit Auth Georgia Sales Tax Rev Ser 00B

 

1.00

 

07/01/25

 

2,100,000

 

2,300,000

 

New York State Local Assistance Corp. Ser 94B

 

0.40

 

04/01/23

 

2,300,000

 

4,700,000

 

Santa Clara Valley California Transportation Auth Sales Tax Rev Ser 08B

 

0.33

 

04/01/36

 

4,700,000

 

 

 

 

 

 

 

 

 

9,100,000

 

 

 

Transit Revenue—2.0%

 

 

 

 

 

 

 

500,000

 

Bi-State Development Agency Missouri-Illinois Metropolitan District Rev (Metrolink Project) Ser 05A

 

0.30

 

10/01/35

 

500,000

 

1,000,000

 

California Transit Finance Auth Ser 97 FSA

 

1.10

 

10/01/27

 

1,000,000

 

15,000,000

 

Metropolitan Transportation Auth New York Rev Ref Ser 02D-1 FSA

 

0.90

 

11/01/29

 

15,000,000

 

 

 

 

 

 

 

 

 

16,500,000

 

 



 

 

 

Water Revenue—8.8%

 

 

 

 

 

 

 

$

1,800,000

 

California State Department of Water Resources Power Supply Rev Sub-Ser 05G-3 FSA

 

0.60

%

05/01/16

 

$

1,800,000

 

6,070,000

 

California State Department Water Resource Power Supply Rev Sub-Ser 05G-5 FSA

 

1.90

 

05/01/16

 

6,070,000

 

4,700,000

 

Charleston South Carolina Waterworks & Sewer Rev (Capital Improvement) Ser 06B

 

0.40

 

01/01/35

 

4,700,000

 

15,000,000

 

Forsyth County Georgia Water & Sewage Auth Rev Ser 05B

 

1.00

 

04/01/35

 

15,000,000

 

1,100,000

 

Gwinnett County Water & Sewage Auth Rev Ser 04B

 

0.37

 

08/01/25

 

1,100,000

 

5,800,000

 

Houston Texas Utilities System Rev Ref (1st Lien Remarketed) Ser 04B-1

 

0.40

 

05/15/34

 

5,800,000

 

5,000,000

 

Massachusetts State Water Resource Auth Ref Sub General Ser 08A

 

0.52

 

08/01/37

 

5,000,000

 

2,000,000

 

Metropolitan Water District Southern California Rev Ser 00B-2

 

0.25

 

07/01/35

 

2,000,000

 

8,000,000

 

Metropolitan Water District Southern California Waterworks Rev Ref Ser 08A-2

 

0.80

 

07/01/37

 

8,000,000

 

5,000,000

 

New York City Municipal Finance Auth Water & Sewer System Rev (2nd General-Fiscal 2008) Ser 07BB-4

 

0.50

 

06/15/33

 

5,000,000

 

18,300,000

 

Pittsburgh Pennsylvania Water & Sewer System Auth Rev Ref (First Lien) Ser 07B-1 FSA

 

0.45

 

09/01/33

 

18,300,000

 

 

 

 

 

 

 

 

 

72,770,000

 

 

 

Total Investments

 

 

 

 

 

 

 

 

 

(Cost $822,233,274)(a)—99.5%

 

 

 

 

 

822,240,000

 

 

 

Other assets less liabilities—0.5%

 

 

 

 

 

4,119,727

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Assets—100.0%

 

 

 

 

 

$

826,359,727

 

 


Auth

-Authority

COP

-Certificates of Participation

RAC

- Revenue Anticipation Certificates

Ref

-Refunding Bonds

Rev

-Revenue

Ser

-Series

 

 

Glossary of Terms:

AGC

-Assured Guaranty Corp.

AMBAC

-American Municipal Bond Assurance Corp.

FSA

-Financial Security Assurance, Inc.

NATL RE

-National Public Finance Guarantee Corp.

 

(#)                       Demand Securities payable upon demand by the Fund for an amount equal to par value plus accrued interest at specified time intervals.

(!)                          Variable rate coupon. Stated interest rate was in effect at July 31, 2009.

 



 

(a)                        At July 31, 2009, the aggregate cost of investments for Federal income tax and financial statements purposes is the same.  The net unrealized appreciation was $6,726, which consisted of aggregate gross unrealized appreciation of $6,726 and aggregate gross unrealized depreciation of $0.

 

This table, as of July 31, 2009, provides a listing of those entities that have either guaranteed, backed or otherwise enhanced the credit quality of more than 5% of the value of securities held in the portfolio.  In instances where the entity has guarnateed, backed or otherwise enhanced the credit quality of a security, it is not primarily responsible for the borrower’s obligation but may be called upon to satisfy the borrower’s obligations.

 

Entities

 

Percentage of
Total Investments

 

Financial Security Assurance, Inc.

 

23.5

%

National Public Finance Guarantee Corp.

 

7.1

 

Assured Guaranty Corp.

 

5.8

 

 

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

 



 

FAS 157-4 Disclosure

 

Generally Accepted Accounting Principles (GAAP) defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.  GAAP establishes a  hierarchy that prioritizes the inputs to valuation methods giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3) generally when market prices are not readily available or are unreliable. Based on the valuation inputs, the securities or other investments are tiered into one of three levels.  Changes in valuation methods may result in transfers in or out of an investment’s assigned level:

 

Level 1 – Prices are determined using quoted prices in an active market for identical assets.

Level 2 – Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security.  These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk and others.

Level 3 – Prices are determined using significant unobservable inputs.  In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect the Fund’s own assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information.

 

The following is a summary of the tiered valuation input levels, as of the end of the reporting period, July 31, 2009.  The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities.  Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.

 

 

 

Investments in Securities

 

 

 

Level 1

 

Level 2

 

Level 3

 

Total

 

PowerShares DWA Developed Markets Technical Leaders Portfolio

 

 

 

 

 

 

 

 

 

Equity Securities

 

$

21,288,432

 

$

 

$

 

$

21,288,432

 

 

 

 

 

 

 

 

 

 

 

PowerShares DWA Emerging Markets Technical Leaders Portfolio

 

 

 

 

 

 

 

 

 

Equity Securities

 

23,041,437

 

109,487

 

 

23,150,924

 

 

 

 

 

 

 

 

 

 

 

PowerShares Dynamic Developed International Opportunities Portfolio

 

 

 

 

 

 

 

 

 

Equity Securities

 

52,270,210

 

 

0

 

52,270,210

 

 

 

 

 

 

 

 

 

 

 

PowerShares Emerging Markets Infrastructure Portfolio

 

 

 

 

 

 

 

 

 

Equity Securities

 

56,295,341

 

927,414

 

 

57,222,755

 

 

 

 

 

 

 

 

 

 

 

PowerShares FTSE RAFI Asia Pacific ex-Japan Portfolio

 

 

 

 

 

 

 

 

 

Equity Securities

 

29,888,768

 

394,171

 

 

30,282,939

 

 

 

 

 

 

 

 

 

 

 

PowerShares FTSE RAFI Developed Markets ex-U.S. Portfolio

 

 

 

 

 

 

 

 

 

Equity Securities

 

116,547,723

 

486,587

 

0

 

117,034,310

 

 

 

 

 

 

 

 

 

 

 

PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio

 

 

 

 

 

 

 

 

 

Equity Securities

 

20,398,204

 

43,186

 

0

 

20,441,390

 

 

 

 

 

 

 

 

 

 

 

PowerShares FTSE RAFI Emerging Markets Portfolio

 

 

 

 

 

 

 

 

 

Equity Securities

 

146,760,708

 

899,542

 

 

147,660,250

 

 

 

 

 

 

 

 

 

 

 

PowerShares FTSE RAFI Europe Portfolio

 

 

 

 

 

 

 

 

 

Equity Securities

 

6,360,109

 

16,268

 

0

 

6,376,377

 

 

 

 

 

 

 

 

 

 

 

PowerShares FTSE RAFI Japan Portfolio

 

 

 

 

 

 

 

 

 

Equity Securities

 

7,469,465

 

 

 

7,469,465

 

 

 

 

 

 

 

 

 

 

 

PowerShares Global Agriculture Portfolio

 

 

 

 

 

 

 

 

 

Equity Securities

 

23,094,975

 

 

 

23,094,975

 

 

 

 

 

 

 

 

 

 

 

PowerShares Global Biotech Portfolio

 

 

 

 

 

 

 

 

 

Equity Securities

 

2,339,667

 

 

 

2,339,667

 

 

 

 

 

 

 

 

 

 

 

PowerShares Global Clean Energy Portfolio

 

 

 

 

 

 

 

 

 

Equity Securities

 

182,128,056

 

 

 

182,128,056

 

 

 

 

 

 

 

 

 

 

 

PowerShares Global Coal Portfolio

 

 

 

 

 

 

 

 

 

Equity Securities

 

9,159,345

 

 

 

9,159,345

 

 

 

 

 

 

 

 

 

 

 

PowerShares Global Gold and Precious Metals Portfolio

 

 

 

 

 

 

 

 

 

Equity Securities

 

20,474,104

 

 

 

20,474,104

 

 

 

 

 

 

 

 

 

 

 

PowerShares Global Nuclear Energy Portfolio

 

 

 

 

 

 

 

 

 

Equity Securities

 

32,574,676

 

 

 

32,574,676

 

 

 

 

 

 

 

 

 

 

 

PowerShares Global Progressive Transportation Portfolio

 

 

 

 

 

 

 

 

 

Equity Securities

 

2,235,269

 

55,828

 

 

2,291,097

 

 

 

 

 

 

 

 

 

 

 

PowerShares Global Steel Portfolio

 

 

 

 

 

 

 

 

 

Equity Securities

 

2,813,050

 

 

 

2,813,050

 

 

 

 

 

 

 

 

 

 

 

PowerShares Global Water Portfolio

 

 

 

 

 

 

 

 

 

Equity Securities

 

240,797,865

 

 

 

240,797,865

 

 

 

 

 

 

 

 

 

 

 

PowerShares Global Wind Energy Portfolio

 

 

 

 

 

 

 

 

 

Equity Securities

 

42,805,895

 

 

 

42,805,895

 

 

 

 

 

 

 

 

 

 

 

PowerShares MENA Frontier Countries Portfolio

 

 

 

 

 

 

 

 

 

Equity Securities

 

15,742,980

 

 

 

15,742,980

 

 

 

 

 

 

 

 

 

 

 

PowerShares 1-30 Laddered Treasury Portfolio

 

 

 

 

 

 

 

 

 

U.S. Treasury Securities

 

 

58,979,710

 

 

58,979,710

 

 

 

 

 

 

 

 

 

 

 

PowerShares Autonomic Balanced Growth NFA Global Asset Portfolio

 

 

 

 

 

 

 

 

 

Equity Securities

 

9,419,039

 

 

 

9,419,039

 

 

 

 

 

 

 

 

 

 

 

PowerShares Autonomic Balanced NFA Global Asset Portfolio

 

 

 

 

 

 

 

 

 

Equity Securities

 

10,015,842

 

 

 

10,015,842

 

 

 

 

 

 

 

 

 

 

 

PowerShares Autonomic Growth NFA Global Asset Portfolio

 

 

 

 

 

 

 

 

 

Equity Securities

 

9,890,695

 

 

 

9,890,695

 

 

 

 

 

 

 

 

 

 

 

PowerShares Emerging Markets Sovereign Debt Portfolio

 

 

 

 

 

 

 

 

 

Foreign Government Debt Securities

 

 

237,225,401

 

 

237,225,401

 

 

 

 

 

 

 

 

 

 

 

PowerShares High Yield Corporate Bond Portfolio

 

 

 

 

 

 

 

 

 

Corporate Debt Securities

 

 

129,103,221

 

 

129,103,221

 

Equity Securities

 

2,088,206

 

 

 

2,088,206

 

Total Investments

 

2,088,206

 

129,103,221

 

 

131,191,427

 

 

 

 

 

 

 

 

 

 

 

PowerShares Insured California Municipal Bond Portfolio

 

 

 

 

 

 

 

 

 

Municipal Obligations

 

 

25,537,109

 

 

25,537,109

 

 

 

 

 

 

 

 

 

 

 

PowerShares Insured National Municipal Bond Portfolio

 

 

 

 

 

 

 

 

 

Municipal Obligations

 

 

360,502,294

 

 

360,502,294

 

 

 

 

 

 

 

 

 

 

 

PowerShares Insured New York Municipal Bond Portfolio

 

 

 

 

 

 

 

 

 

Municipal Obligations

 

 

31,619,310

 

 

31,619,310

 

 

 

 

 

 

 

 

 

 

 

PowerShares Preferred Portfolio

 

 

 

 

 

 

 

 

 

Equity Securities

 

605,396,336

 

 

 

605,396,336

 

 

 

 

 

 

 

 

 

 

 

PowerShares VRDO Tax-Free Weekly Portfolio

 

 

 

 

 

 

 

 

 

Municipal Obligations

 

 

822,240,000

 

 

822,240,000

 

 



 

Item 2.   Controls and Procedures.

 

(a)          The Registrant’s President and Treasurer have evaluated the Registrant’s disclosure controls and procedures within 90 days of the filing date of this report and have concluded that these controls and procedures are effective.

 

(b)         There were no changes in the Registrant’s internal controls that occurred during the Registrant’s last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the Registrant’s internal control over financial reporting.

 

Item 3.   Exhibits.

 

A separate certification for the President and Treasurer of the Registrant as required by Rule 30a-2(a) under the Investment Company Act (17 CFR 270.30a-2(a)) is attached hereto.

 



 

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.

 

(Registrant)

PowerShares Exchange-Traded Fund Trust II

 

 

By:

/s/ H. Bruce Bond

 

H. Bruce Bond

 

President

 

 

Date:

September 28, 2009

 

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.

 

By:

/s/ H. Bruce Bond

 

H. Bruce Bond

 

President

 

 

Date:

September 28, 2009

 

By:

/s/ Bruce T. Duncan

 

Bruce T. Duncan

 

Treasurer

 

 

Date:

September 28, 2009