N-Q 1 d18193.txt IXIS ADVISOR CASH MANAGEMENT TRUST UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM N-Q QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANIES Investment Company Act file number: 811-2819 IXIS Advisor Cash Management Trust ------------------------------------------------------------------------------- (Exact name of registrant as specified in charter) 399 Boylston Street, Boston, Massachusetts 02116 ------------------------------------------------------------------------------- (Address of principal executive offices) (Zip code) Coleen Downs Dinneen, Esq. IXIS Asset Management Distributors, L.P. 399 Boylston Street Boston, Massachusetts 02116 ------------------------------------------------------------------------------- (Name and address of agent for service) Registrant's telephone number, including area code: (617) 449-2810 Date of fiscal year end: June 30 Date of reporting period: September 30, 2005 ITEM I SCHEDULE OF INVESTMENTS -------------------------------------------------------------------------------- IXIS CASH MANAGEMENT TRUST - MONEY MARKET SERIES--SCHEDULE OF INVESTMENTS -------------------------------------------------------------------------------- Investments as of September 30, 2005 (Unaudited)
Principal Amount Description Value (+) ---------------------------------------------------------------- Commercial Paper -- 56.2% of Total Net Assets Asset-Backed -- 11.1% $ 1,198,000 Apreco, Inc., 3.630%, 10/04/2005 (d) $ 1,197,637 10,000,000 ASAP Funding, Ltd., 3.620%, 10/11/2005 (d) 9,989,944 15,000,000 Lockhart Funding LLC, 3.640%, 10/18/2005 (d) 14,974,217 5,000,000 Apreco, Inc., 3.790%, 11/07/2005 (d) 4,980,524 ---------------- 31,142,322 ---------------- Banking -- 3.7% 5,000,000 Banco Bilbao Vizcaya Argentaria Puerto Rico, 3.720%, 11/10/2005 4,979,333 5,600,000 Societe Generale North America, 3.780%, 12/12/2005 5,557,664 ---------------- 10,536,997 ---------------- Education -- 5.0% 14,000,000 Johns Hopkins University, 3.720%, 11/09/2005 14,000,000 ---------------- Financial -- 1.8% 5,000,000 Louis Dreyfus Corp., (LOC: Calyon), 3.700%, 10/14/2005 4,993,320 ---------------- Health Care - Services -- 3.6% 10,000,000 Dean Health Systems, Inc., (LOC: Marshall & Ilsley), 3.580%, 10/03/2005 9,998,011 ---------------- Logging -- 2.1% 6,000,000 NATC California LLC, (LOC: Chase Manhattan Bank), 3.530%, 10/17/2005 5,990,586 ---------------- Special Purpose -- 19.7% 5,000,000 Charta LLC, (LOC: AMBAC Indemnity), 3.590%, 10/06/2005 (d) 4,997,507 10,000,000 Scaldis Capital LLC, 3.480%, 10/12/2005 (d) 9,989,367 10,000,000 Galaxy Funding, Inc., 3.520%, 10/14/2005 9,987,289 5,000,000 Market Street Funding Corp., 3.660%, 10/18/2005 (d) 4,991,358 10,000,000 Greyhawk Funding LLC., 3.760%, 10/28/2005 (d) 9,971,800 5,000,000 Greyhawk Funding LLC., 3.680%, 11/07/2005 (d) 4,981,089 5,000,000 Charta LLC, (LOC: AMBAC Indemnity), 3.770%, 11/09/2005 (d) 4,979,579 2,700,000 Galaxy Funding, Inc., 3.800%, 12/05/2005 2,681,475 Principal Amount Description Value (+) --------------------------------------------------------------- Special Purpose - continued $ 3,000,000 Scaldis Capital LLC, 3.860%, 12/20/2005 (d) $ 2,974,267 ---------------- 55,553,731 ---------------- Trade Receivables -- 9.2% 15,000,000 Windmill Funding I Corp., 3.620%, 10/04/2005 (d) 14,995,475 11,000,000 Govco, Inc., 3.610%, 10/14/2005 (d) 10,985,660 ---------------- 25,981,135 ---------------- Total Commercial Paper (Identified Cost $158,196,102) 158,196,102 ---------------- Variable Rate Demand Notes -- 22.6% of Total Net Assets Auto Parts & Equipment -- 0.2% 400,000 White Hydraulics, Inc., (Credit Support: Amsouth Bank), 4.040%, 12/01/2005 (b) 400,000 ---------------- Financial -- 3.3% 100,000 Business Stationery LLC, (Credit Support: JP Morgan Chase), 4.040%, 8/01/2007 (b) 100,000 2,260,000 SSK Co. LLC, (Credit Support: US Bank), 3.910%, 11/01/2021 (b) 2,260,000 199,000 YSR LLC, (Credit Support: Amsouth Bank), 3.940%, 2/01/2023 (b) 199,000 3,085,000 Alpine Capital Investments LLC, (Credit Support: First of America), 3.940%, 9/15/2027 (b) 3,085,000 545,000 Tanner & Guin LLC, (Credit Support: Amsouth Bank), 3.940%, 9/01/2029 (b) 545,000 3,130,000 MOB Management One LLC, (Credit Support: Columbus Bank & Trust), 3.870%, 12/01/2031 (b) 3,130,000 ---------------- 9,319,000 ---------------- Health Care - Services -- 3.1% 8,600,000 American Health Centers, Inc., (Credit Support: Amsouth Bank), 3.940%, 3/01/2019 (b) 8,600,000 ---------------- Manufacturing -- 0.0% 100,000 Harris Metals LLC, (Credit Support: Amsouth Bank), 4.040%, 6/01/2010 (b) 100,000 ---------------- Municipal -- 12.0% 4,945,000 New York City Industrial Development Agency, (Airis JFK I LLC), (Credit Support: Bayerishe Landesbank) 3.560%, 7/01/2008 (b) 4,945,000
-------------------------------------------------------------------------------- IXIS CASH MANAGEMENT TRUST - MONEY MARKET SERIES--SCHEDULE OF INVESTMENTS (continued) -------------------------------------------------------------------------------- Investments as of September 30, 2005 (Unaudited)
Principal Amount Description Value (+) --------------------------------------------------------------- Municipal - continued $ 315,000 Birmingham, AL, Special Care Facilities Financing Authority, (Eye Foundation, Inc. (The)), (Credit Support: Columbus Bank & Trust), 4.030%, 9/01/2018 (b) $ 15,000 19,000,000 New Jersey Economic Development Authority, (Marina Energy LLC), (Credit Support: First Union) 3.840%, 9/01/2021 (b) 19,000,000 5,000,000 Connecticut State Housing Finance Authority, (Credit Support: AMBAC Indemnity), 3.860%, 5/15/2033 (b) 5,000,000 4,544,838 Los Angeles, CA, Community Redevelopment Agency, (Security Building), (Credit Support: FNMA), 3.940%, 12/15/2034 (b) 4,544,838 ---------------- 33,804,838 ---------------- Real Estate -- 4.0% 240,000 Sheffield Realty LLC, (Credit Support: Amsouth Bank), 3.940%, 4/01/2012 (b) 240,000 1,020,000 Shayeson-Huff Properties LLC, (Credit Support: Firstar Bank), 3.960%, 11/01/2016 (b) 1,020,000 1,900,000 Jobs Co. LLC (The), (Credit Support: First Commercial), 3.960%, 2/01/2022 (b) 1,900,000 641,000 Pine Tree Country Club, (Credit Support: Amsouth Bank), 3.940%, 8/01/2023 (b) 641,000 4,680,000 Storage World LLC, (Credit Support: Regions Bank), 3.600%, 12/01/2024 (b) 4,680,000 2,700,000 J&M LLC, Secured Promissory Note (Credit Support: First Commercial), 4.060%, 10/01/2026 (b) 2,700,000 ---------------- 11,181,000 ---------------- Total Variable Rate Demand Notes (Identified Cost $63,404,838) 63,404,838 ---------------- Medium Term Notes -- 14.6% of Total Net Assets Banking -- 3.2% 5,000,000 Bank of America Corp., 3.815%, 12/15/2005 (c) 5,000,000 4,000,000 Bank of America Corp., 3.810%, 6/07/2006 (c) 4,000,000 ---------------- 9,000,000 ---------------- Financial -- 11.4% 15,000,000 Caterpillar Financial Services Corp., 144A, 3.670%, 7/10/2006 (c) 15,000,000 5,000,000 Merrill Lynch & Co., Inc., 144A, 3.710%, 8/03/2006 (c) 5,003,823 Principal Amount Description Value (+) --------------------------------------------------------------- Financial - continued $ 7,000,000 Sigma Finance, Inc., 144A , 3.688%, 9/12/2006 (c) $ 6,999,668 5,000,000 General Electric Capital Corp., 144A 3.889%, 10/17/2006 (c) 5,000,000 ---------------- 32,003,491 ---------------- Total Medium Term Notes (Identified Cost $41,003,491) 41,003,491 ---------------- Certificates of Deposit -- 5.3% of Total Net Assets 10,000,000 HSBC Bank, 3.725%, 11/10/2005 10,000,127 5,000,000 Wells Fargo Bank NA, 3.650%, 10/11/2005 5,000,000 ---------------- Total Certificates of Deposit (Identified Cost $15,000,127) 15,000,127 ---------------- Time Deposit -- 1.6% 4,500,000 BNP Paribas, 3.875%, 10/03/2005 4,500,000 ---------------- Total Time Deposits (Identified Cost $4,500,000) 4,500,000 ---------------- Total Investments -- 100.3% (Identified Cost $282,104,558) (a) 282,104,558 Other assets less liabilities -- (0.3%) (799,057) ---------------- Total Net Assets -- 100% $ 281,305,501 ================
(+) The Fund employs the amortized cost method of security valuation as set forth in Rule 2a-7 under the Investment Company Act of 1940 which, in the opinion of the Trustees of the Trust, represents the fair value of the particular security. The amortized cost of a security is determined by valuing it at original cost and thereafter assumes a constant accretion/amortization to maturity of any discount/premium. By using amortized cost valuation, the Fund seeks to maintain a constant net asset value of $1.00 per share despite minor shifts in the market value of its portfolio securities. (a) The aggregate cost for federal income tax purposes was $282,104,558. (b) Variable rate demand notes are instruments whose interest rates vary with changes in a designated base rate (such as the prime interest rate) on a specified date (such as coupon date or interest payment date). These instruments are payable on demand and may be secured by letters of credit or other credit support agreements from major banks or other financial institutions. Maturity dates shown represent the ultimate maturity of the note. (c) Floating rate note. Rate shown is as of September 30, 2005. -------------------------------------------------------------------------------- IXIS CASH MANAGEMENT TRUST - MONEY MARKET SERIES--SCHEDULE OF INVESTMENTS (continued) -------------------------------------------------------------------------------- Investments as of September 30, 2005 (Unaudited) (d) Security exempt from registration under Section 4(2) of the Securities Act of 1933. These securities may only be resold in exempt transactions to qualified buyers. Private resales of these securities to qualified institutional buyers are also exempt from registration pursuant to Rule 144A under the Securities Act of 1933. At September 30, 2005, these securities amounted to $100,008,424 which represents 35.6% of net assets. 144A Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the period end, the value of these securities amounted to $32,003,491 or 11.4% of net assets AMBAC American Municipal Bond Assurance Corporation FNMA Federal National Mortgage Association ITEM 2. CONTROLS AND PROCEDURES. The registrant's principal executive officer and principal financial officer have concluded that the registrant's disclosure controls and procedures are sufficient to ensure that information required to be disclosed by the registrant in this Form N-Q was recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms, based upon such officers' evaluation of these controls and procedures as of a date within 90 days of the filing date of the report. 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 (a)(1) Certification for the principal executive officer as required by Rule 30a-2(a) of the Investment Company Act of 1940, as amended (the "Act") filed herewith. (a)(2) Certification for the principal financial officer as required by Rule 30a-2(a) of the Investment Company Act of 1940, as amended (the "Act") filed herewith. 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. IXIS Advisor Cash Management Trust By: /s/ John T. Hailer ------------------ Name: John T. Hailer Title: President and Chief Executive Officer Date: November 28, 2005 Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed by the following persons on behalf of the registrant and in the capacities and on the dates indicated. By: /s/ John T. Hailer ------------------ Name: John T. Hailer Title: President and Chief Executive Officer Date: November 28, 2005 By: /s/ Michael C. Kardok --------------------- Name: Michael C. Kardok Title: Treasurer Date: November 28, 2005