N-Q 1 a05-1174_18nq.htm N-Q

 

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

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FORM N-Q

 

 

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

 

Investment Company Act file number

811-3009

 

Columbia Funds Trust II

(Exact name of registrant as specified in charter)

One Financial Center, Boston, Massachusetts

02111

(Address of principal executive offices)

(Zip code)

Vincent Pietropaolo, Esq.
Columbia Management Group, Inc.
One Financial Center
Boston, MA 02111

(Name and address of agent for service)

 

 

 

Registrant's telephone number, including area code:

1-617-772-3698

 

 

Date of fiscal year end:

8/31/05

 

 

Date of reporting period:

11/30/04

 

 


 

Item 1. Schedule of Investments.

 

INVESTMENT PORTFOLIO

 

November 30, 2004 (unaudited)

Columbia Newport Greater China Fund

 

 

 

 

 

Shares

 

Value ($)*

 

Common Stocks – 98.9%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CONSUMER DISCRETIONARY – 8.5%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distributors – 4.5%

 

 

 

 

 

 

 

 

 

 

China Resources Enterprise Ltd.

 

652,000

 

954,628

 

 

 

 

Li & Fung Ltd.

 

1,580,000

 

2,636,907

 

 

 

 

Distributors Total

 

3,591,535

 

 

 

 

 

 

 

 

 

Household Durables – 0.5%

 

 

 

 

 

 

 

 

 

 

Guangdong Kelon Electrical Holdings Co., Ltd., Class H (a)

 

1,576,000

 

425,113

 

 

 

 

Household Durables Total

 

425,113

 

 

 

 

 

 

 

 

 

 

 

Media – 1.4%

 

 

 

 

 

 

 

 

 

 

Television Broadcasts Ltd.

 

230,000

 

1,086,918

 

 

 

 

Media Total

 

1,086,918

 

 

 

 

 

 

 

 

 

Specialty Retail – 2.1%

 

 

 

 

 

 

 

 

 

 

Esprit Holdings Ltd.

 

315,000

 

1,719,388

 

 

 

Specialty Retail Total

 

1,719,388

 

 

 

CONSUMER DISCRETIONARY TOTAL

 

6,822,954

 

 

 

 

 

 

 

CONSUMER STAPLES – 2.7%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Food & Staples Retailing – 0.5%

 

 

 

 

 

 

 

 

 

Convenience Retail Asia Ltd.

 

1,176,000

 

407,312

 

 

 

Food & Staples Retailing Total

 

407,312

 

 

 

 

 

 

 

 

Food Products – 2.2%

 

 

 

 

 

 

 

 

 

China Mengniu Dairy Co., Ltd. (a)

 

534,000

 

412,213

 

 

 

People’s Food Holdings Ltd.

 

1,564,000

 

1,326,977

 

 

 

Food Products Total

 

1,739,190

 

 

 

CONSUMER STAPLES TOTAL

 

2,146,502

 

 

 

 

 

 

 

ENERGY – 6.5%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Oil & Gas – 6.5%

 

 

 

 

 

 

 

 

 

CNOOC Ltd.

 

2,772,500

 

1,573,698

 

 

 

PetroChina Co., Ltd., Class H

 

6,378,000

 

3,613,776

 

 

 

Oil & Gas Total

 

5,187,474

 

 

 

ENERGY TOTAL

 

5,187,474

 

 

 

 

 

 

 

FINANCIALS – 24.9%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial Banks – 8.0%

 

 

 

 

 

 

 

 

 

Chinatrust Financial Holding Co., Ltd.

 

2,769,247

 

3,159,037

 

 

 

Dah Sing Financial Group

 

224,800

 

1,754,520

 

 

 

Hang Seng Bank Ltd.

 

112,000

 

1,553,447

 

 

 

Commercial Banks Total

 

6,467,004

 

 

 

 

 

 

 

 

Diversified Financial Services – 1.9%

 

 

 

 

 

 

 

 

 

Aeon Credit Service Co., Ltd.

 

524,000

 

343,704

 

 

 

Guoco Group Ltd.

 

89,000

 

792,814

 

 

1


 

 

 

 

 

Shares

 

Value ($)*

 

Common Stocks – (continued)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FINANCIALS – (continued)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diversified Financial Services – (continued)

 

 

 

 

 

 

 

JCG Holdings Ltd.

 

424,000

 

345,918

 

 

 

Diversified Financial Services Total

 

1,482,436

 

 

 

 

 

 

 

 

Insurance – 3.2%

 

 

 

 

 

 

 

 

 

 

Cathay Financial Holding Co., Ltd.

 

1,143,000

 

2,195,881

 

 

 

 

China Insurance International Holdings Co., Ltd.

 

876,000

 

394,022

 

 

 

 

Insurance Total

 

2,589,903

 

 

 

 

 

 

 

 

 

Real Estate – 11.8%

 

 

 

 

 

 

 

 

 

 

Cheung Kong Holdings Ltd.

 

114,000

 

1,093,895

 

 

 

Henderson Land Development Co., Ltd.

 

602,000

 

3,129,399

 

 

 

Shanghai Forte Land Co., Ltd.

 

1,522,000

 

518,185

 

 

 

Sun Hung Kai Properties Ltd.

 

332,000

 

3,292,183

 

 

 

Swire Pacific Ltd., Class A

 

185,000

 

1,484,938

 

 

 

Real Estate Total

 

9,518,600

 

 

 

FINANCIALS TOTAL

 

20,057,943

 

 

 

 

 

 

 

HEALTH CARE – 0.6%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Health Care Equipment & Supplies – 0.6%

 

 

 

 

 

 

 

Golden Meditech Co., Ltd.

 

952,000

 

229,982

 

 

 

Pihsiang Machinery Manufacturing Co., Ltd.

 

128,698

 

259,439

 

 

 

Health Care Equipment & Supplies Total

 

489,421

 

 

 

HEALTH CARE TOTAL

 

489,421

 

 

 

 

 

 

 

INDUSTRIALS – 16.6%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Electrical Equipment – 1.0%

 

 

 

 

 

 

 

 

 

 

Johnson Electric Holdings Ltd.

 

837,500

 

814,208

 

 

 

 

Electrical Equipment Total

 

814,208

 

 

 

 

 

 

 

 

 

Industrial Conglomerates – 8.0%

 

 

 

 

 

 

 

 

 

 

China Merchants Holdings International Co., Ltd.

 

2,192,000

 

3,476,842

 

 

 

 

Hutchison Whampoa Ltd.

 

333,200

 

2,984,030

 

 

 

 

Industrial Conglomerates Total

 

6,460,872

 

 

Marine – 2.2%

 

 

 

 

 

 

 

 

 

 

Cosco Pacific Ltd.

 

972,000

 

1,728,487

 

 

 

 

Marine Total

 

1,728,487

 

 

 

 

 

 

 

 

 

Transportation Infrastructure – 5.4%

 

 

 

 

 

 

 

 

 

 

Anhui Expressway Co., Ltd., Class H

 

1,442,000

 

718,373

 

 

 

 

Jiangsu Expressway Co., Ltd., Class H

 

2,198,000

 

995,048

 

 

2


 

 

 

 

 

Shares

 

Value ($)*

 

Common Stocks – (continued)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

INDUSTRIALS – (continued)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Transportation Infrastructure – (continued)

 

 

 

 

 

 

 

Zhejiang Expressway Co., Ltd., Class H

 

3,628,000

 

2,609,005

 

 

 

Transportation Infrastructure Total

 

4,322,426

 

 

 

INDUSTRIALS TOTAL

 

13,325,993

 

 

 

 

 

 

 

 

 

INFORMATION TECHNOLOGY – 13.4%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Computers & Peripherals – 3.2%

 

 

 

 

 

 

 

 

 

 

Acer, Inc.

 

802,582

 

1,222,717

 

 

 

 

Lite-On Technology Corp.

 

1,348,732

 

1,363,594

 

 

 

 

Computers & Peripherals Total

 

2,586,311

 

 

 

 

 

 

 

 

 

 

 

Electronic Equipment & Instruments – 4.7%

 

 

 

 

 

 

 

Hon Hai Precision Industry Co., Ltd.

 

650,226

 

2,619,209

 

 

 

Synnex Technology International Corp.

 

799,700

 

1,179,877

 

 

 

Electronic Equipment & Instruments Total

 

3,799,086

 

 

 

 

 

 

 

 

 

 

Internet Software & Services – 0.7%

 

 

 

 

 

 

 

 

 

China Finance Online Co. Ltd. (a)

 

44,400

 

550,560

 

 

 

Internet Software & Services Total

 

550,560

 

 

 

 

 

 

 

 

 

 

Semiconductors & Semiconductor Equipment – 4.8%

 

 

 

 

 

 

 

MediaTek, Inc.

 

72,039

 

461,658

 

 

 

Taiwan Semiconductor Manufacturing Co., Ltd.

 

2,335,692

 

3,408,633

 

 

 

Semiconductors & Semiconductor Equipment Total

 

3,870,291

 

 

 

INFORMATION TECHNOLOGY TOTAL

 

10,806,248

 

 

 

 

 

 

 

 

 

MATERIALS – 2.2%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Metals & Mining – 2.2%

 

 

 

 

 

 

 

 

 

Yanzhou Coal Mining Co., Ltd., Class H

 

1,126,000

 

1,722,171

 

 

 

Metals & Mining Total

 

1,722,171

 

 

 

MATERIALS TOTAL

 

1,722,171

 

 

 

 

 

 

 

 

 

TELECOMMUNICATION SERVICES – 10.5%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diversified Telecommunication Services – 2.7%

 

 

 

 

 

 

 

China Telecom Corp., Ltd., Class H

 

6,016,000

 

2,220,999

 

 

 

Diversified Telecommunication Services Total

 

2,220,999

 

 

 

 

 

 

 

 

 

 

Wireless Telecommunication Services – 7.8%

 

 

 

 

 

 

 

China Mobile Hong Kong Ltd.

 

1,476,500

 

4,832,761

 

 

 

Taiwan Cellular Corp.

 

1,330,000

 

1,423,191

 

 

 

Wireless Telecommunication Services Total

 

6,255,952

 

 

 

TELECOMMUNICATION SERVICES TOTAL

 

8,476,951

 

 

 

 

 

 

 

 

 

UTILITIES – 13.0%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Electric Utilities – 6.9%

 

 

 

 

 

 

 

 

 

Datang International Power Generation Co., Ltd., Class H

 

4,402,000

 

3,560,475

 

 

3


 

 

 

 

 

Shares

 

Value ($)*

 

Common Stocks – (continued)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

UTILITIES – (continued)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Electric Utilities – (continued)

 

 

 

 

 

 

 

 

 

Huaneng Power International, Inc., Class H

 

2,578,000

 

2,043,193

 

 

 

Electric Utilities Total

 

5,603,668

 

 

 

 

 

 

 

 

 

 

Gas Utilities – 6.1%

 

 

 

 

 

 

 

 

 

 

Hong Kong & China Gas Co., Ltd.

 

1,718,304

 

3,537,893

 

 

 

 

Xinao Gas Holdings Ltd. (a)

 

2,292,000

 

1,347,596

 

 

 

 

Gas Utilities Total

 

4,885,489

 

 

 

 

UTILITIES TOTAL

 

10,489,157

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Common Stocks
(cost of $57,654,224)

 

 

 

79,524,814

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Par ($)

 

 

 

Short-Term Obligation – 0.2%

 

 

 

 

 

 

 

 

 

Repurchase agreement with State Street Bank & Trust Co., dated 11/30/04, due 12/01/04 at 1.870%, collateralized by a U.S. Treasury Bond maturing 05/15/21, market value of $204,375 (repurchase proceeds $199,010)

 

199,000

 

199,000

 

 

 

 

 

 

 

 

 

 

 

Total Short-Term Obligation
(cost of $199,000)

 

 

 

199,000

 

 

 

 

 

 

 

 

 

 

 

Total Investments – 99.1%
(cost of $57,853,224)(b)(c)

 

 

 

79,723,814

 

 

 

 

 

 

 

 

 

 

 

Other Assets & Liabilities, Net – 0.9%

 

 

 

726,805

 

 

 

 

 

 

 

 

 

 

 

Net Assets – 100.0%

 

 

 

80,450,619

 

 

4


 

 

 

Notes to Investment Portfolio:

 

 

 

*

Security Valuation

 

 

 

 

 

Equity securities are valued at the last sale price on the principal exchange on which they trade, except for securities traded on the NASDAQ, which are valued at the NASDAQ official close price.  Unlisted securities or listed securities for which there were no sales during the day are valued at the closing bid price on such exchanges or over-the-counter markets.

 

 

 

 

 

Short-term debt obligations maturing within 60 days are valued at amortized cost, which approximates market value.

 

 

 

 

 

Foreign securities are generally valued at the last sale price on the foreign exchange or market on which they trade.  If any foreign share prices are not readily available as a result of limited share activity, the securities are valued at the last sale price of the local shares in the principal market in which such securities are normally traded.

 

 

 

 

 

Generally, trading in foreign securities is substantially completed each day at various times prior to the close of the New York Stock Exchange (“NYSE”).  The values of such securities used in computing the net asset value of the Fund’s shares are determined as of such times.  Foreign currency exchange rates are generally determined at 2:00 p.m. Eastern (U.S.) time.  Occasionally, events affecting the values of such foreign securities and such exchange rates may occur between the times at which they are determined and the close of the customary trading session of the NYSE, which would not be reflected in the computation of the Fund’s net asset value.  If events materially affecting the values of such foreign securities occur and it is determined that market quotations are not reliable, then these foreign securities will be valued at their fair value using procedures approved by the Board of Trustees.

 

 

 

 

 

Investments for which market quotations are not readily available, or quotations which management believes are not appropriate, are valued at fair value under procedures approved by the Board of Trustees.

 

 

 

 

(a)

Non-income producing security.

 

 

 

 

(b)

Cost for federal income tax purposes is $57,853,224.

 

 

 

 

(c)

Unrealized appreciation and depreciation at November 30, 2004 based on cost of investments for federal income tax purposes was:

 

 

 

Unrealized
Appreciation

 

Unrealized
Depreciation

 

Net Unrealized
Appreciation

 

 

 

$

24,276,693

 

$

(2,406,103

)

$

21,870,590

 

 

Summary of Securities
By Country

 

Value ($)

 

% of Total
Investments

 

Hong Kong

 

41,927,704

 

52.6

 

China

 

18,976,898

 

23.8

 

Taiwan

 

17,293,235

 

21.7

 

Singapore

 

1,326,977

 

1.7

 

United States**

 

199,000

 

0.2

 

 

 

79,723,814

 

100.0

 

 

** Represents short-term obligation.

 

Certain securities are listed by country of underlying exposure but may trade predominantly on other exchanges.

 

5


 

Item 2. Controls and Procedures.

 

(a)          The registrant’s principal executive officer and principal financial officer, based on their evaluation of the registrant’s disclosure controls and procedures as of a date within 90 days of the filing of this report, have concluded that such controls and procedures are adequately designed to ensure that information required to be disclosed by the registrant in Form N-Q is accumulated and communicated to the registrant’s management, including the principal executive officer and principal financial officer, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.

 

(b)         There were no changes in the registrant’s internal control over financial reporting 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.

 

Certifications pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2(a)) attached hereto as Exhibit 99.CERT.

 


 

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)

 

Columbia Funds Trust II

 

 

 

 

By (Signature and Title)

 

/S/ Christopher L. Wilson

 

Christopher L. Wilson, President

 

 

 

 

Date

 

January 26, 2005

 

 

 

 

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 (Signature and Title)

 

/S/ Christopher L. Wilson

 

Christopher L. Wilson, President

 

 

 

 

Date

 

January 26, 2005

 

 

 

 

By (Signature and Title)

 

/S/ J. Kevin Connaughton

 

J. Kevin Connaughton, Treasurer

 

 

 

 

Date

 

January 26, 2005