-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MBIh9Z85FZBzIhLv3eGNITXUfKgvUcctNPn/pZG4ULveV6/flz/al+zN1vOiXJ4N i5koTtrW0rirgFaDlJNlhg== 0000950152-08-005008.txt : 20080627 0000950152-08-005008.hdr.sgml : 20080627 20080627150251 ACCESSION NUMBER: 0000950152-08-005008 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080430 FILED AS OF DATE: 20080627 DATE AS OF CHANGE: 20080627 EFFECTIVENESS DATE: 20080627 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RIVERSOURCE LARGE CAP SERIES, INC. CENTRAL INDEX KEY: 0000049702 IRS NUMBER: 410962638 STATE OF INCORPORATION: MN FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-02111 FILM NUMBER: 08922352 BUSINESS ADDRESS: STREET 1: 50606 AMERIPRISE FINANCIAL CENTER STREET 2: H27/5228 CITY: MINNEAPOLIS STATE: MN ZIP: 55474 BUSINESS PHONE: 6126714321 MAIL ADDRESS: STREET 1: 50606 AMERIPRISE FINANCIAL CENTER STREET 2: H27/5228 CITY: MINNEAPOLIS STATE: MN ZIP: 55474 FORMER COMPANY: FORMER CONFORMED NAME: AXP GROWTH SERIES INC/MN DATE OF NAME CHANGE: 20001011 FORMER COMPANY: FORMER CONFORMED NAME: AXP GROWTH FUND INC DATE OF NAME CHANGE: 20000829 FORMER COMPANY: FORMER CONFORMED NAME: IDS GROWTH FUND INC DATE OF NAME CHANGE: 19920703 0000049702 S000003287 RiverSource Disciplined Equity Fund C000008741 RiverSource Disciplined Equity Fund Class B AQEBX C000008742 RiverSource Disciplined Equity Fund Class C RDCEX C000008744 RiverSource Disciplined Equity Fund Class A AQEAX C000008745 RiverSource Disciplined Equity Fund Class I ALEIX C000042888 RiverSource Disciplined Equity Fund Class R2 C000042889 RiverSource Disciplined Equity Fund Class R3 RSDEX C000042890 RiverSource Disciplined Equity Fund Class R4 RQEYX C000042891 RiverSource Disciplined Equity Fund Class R5 RSIPX C000042892 RiverSource Disciplined Equity Fund Class W RDEWX 0000049702 S000003288 RiverSource Growth Fund C000008746 RiverSource Growth Fund Class A INIDX C000008747 RiverSource Growth Fund Class B IGRBX C000008748 RiverSource Growth Fund Class C AXGCX C000008749 RiverSource Growth Fund Class I AGWIX C000042893 RiverSource Growth Fund Class W C000042894 RiverSource Growth Fund Class R2 C000042895 RiverSource Growth Fund Class R3 RSCGX C000042896 RiverSource Growth Fund Class R4 IGRYX C000042897 RiverSource Growth Fund Class R5 RSWHX 0000049702 S000003289 RiverSource Large Cap Equity Fund C000008751 RiverSource Large Cap Equity Fund Class I ALRIX C000008752 RiverSource Large Cap Equity Fund Class A ALEAX C000008753 RiverSource Large Cap Equity Fund Class B ALEBX C000008754 RiverSource Large Cap Equity Fund Class C ARQCX C000042898 RiverSource Large Cap Equity Fund Class R2 C000042899 RiverSource Large Cap Equity Fund Class R3 C000042900 RiverSource Large Cap Equity Fund Class R4 ALEYX C000042901 RiverSource Large Cap Equity Fund Class R5 0000049702 S000003290 RiverSource Large Cap Value Fund C000008756 RiverSource Large Cap Value Fund Class C RLVCX C000008758 RiverSource Large Cap Value Fund Class A ALVAX C000008759 RiverSource Large Cap Value Fund Class B ALVBX C000008760 RiverSource Large Cap Value Fund Class I ALCIX C000042902 RiverSource Large Cap Value Fund Class R2 C000042903 RiverSource Large Cap Value Fund Class R3 C000042904 RiverSource Large Cap Value Fund Class R4 RSLVX C000042905 RiverSource Large Cap Value Fund Class R5 N-Q 1 c26996nvq.txt FORM N-Q 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 811-2111 RIVERSOURCE LARGE CAP SERIES, INC. (Exact name of registrant as specified in charter) 50606 Ameriprise Financial Center, Minneapolis, Minnesota 55474 (Address of principal executive offices) (Zip code)
Scott R. Plummer - 5228 Ameriprise Financial Center, Minneapolis, MN 55474 (Name and address of agent for service) Registrant's telephone number, including area code: (612) 671-1947 Date of fiscal year end: 7/31 Date of reporting period: 4/30 PORTFOLIO OF INVESTMENTS FOR RIVERSOURCE DISCIPLINED EQUITY FUND AT APRIL 30, 2008 APRIL 30, 2008 (UNAUDITED) (Percentages represent value of investments compared to net assets) INVESTMENTS IN SECURITIES
COMMON STOCKS (99.3%) ISSUER SHARES VALUE(a) AEROSPACE & DEFENSE (0.7%) General Dynamics 150,467 $13,605,226 United Technologies 170,133 12,329,539 --------------- Total 25,934,765 - ------------------------------------------------------------------------------------- AIR FREIGHT & LOGISTICS (0.2%) United Parcel Service Cl B 90,748 6,571,063 - ------------------------------------------------------------------------------------- AUTO COMPONENTS (0.7%) Johnson Controls 666,450 23,499,027 - ------------------------------------------------------------------------------------- AUTOMOBILES (0.8%) Ford Motor 1,207,269(b) 9,972,042 General Motors 520,406(d) 12,073,419 Harley-Davidson 144,208 5,515,956 --------------- Total 27,561,417 - ------------------------------------------------------------------------------------- BEVERAGES (2.4%) Coca-Cola 523,483 30,817,444 Coca-Cola Enterprises 139,108 3,129,930 Pepsi Bottling Group 80,083 2,699,598 PepsiCo 690,410 47,313,797 --------------- Total 83,960,769 - ------------------------------------------------------------------------------------- BIOTECHNOLOGY (0.6%) Biogen Idec 346,714(b) 21,042,073 - ------------------------------------------------------------------------------------- BUILDING PRODUCTS (0.2%) Masco 346,018 6,300,988 - ------------------------------------------------------------------------------------- CAPITAL MARKETS (3.8%) Bear Stearns Companies 81,790(d) 877,607 Charles Schwab 208,731 4,508,590 E*TRADE Financial 256,004(b,d) 1,018,896 Goldman Sachs Group 33,556 6,421,612 Lehman Brothers Holdings 433,434 19,175,120 Merrill Lynch & Co 719,901 35,872,667 Morgan Stanley 998,145 48,509,846 State Street 162,023 11,688,339 T Rowe Price Group 67,667 3,962,580 --------------- Total 132,035,257 - ------------------------------------------------------------------------------------- CHEMICALS (3.7%) Air Products & Chemicals 55,173 5,430,678 Ashland 8,000 424,160 Dow Chemical 454,484 18,247,533 Ecolab 67,323 3,094,165 Monsanto 638,807 72,836,774 PPG Inds 66,308 4,069,322 Praxair 254,218 23,212,646 Sigma-Aldrich 59,672 3,402,497 --------------- Total 130,717,775 - ------------------------------------------------------------------------------------- COMMERCIAL BANKS (1.7%) BB&T 447,110 15,331,401 Comerica 171,854 5,968,489 Fifth Third Bancorp 241,732 5,180,317 First Horizon Natl 264,891(d) 2,860,823 Huntington Bancshares 220,960(d) 2,074,814 KeyCorp 218,200 5,265,166 Marshall & Ilsley 55,025 1,374,525 Natl City 726,557(d) 4,577,309 SunTrust Banks 64,075 3,572,181 Synovus Financial 135,983 1,610,039 US Bancorp 128,076 4,340,496 Wachovia 257,219 7,497,934 --------------- Total 59,653,494 - ------------------------------------------------------------------------------------- COMMERCIAL SERVICES & SUPPLIES (0.1%) Avery Dennison 38,795 1,869,531 RR Donnelley & Sons 79,664 2,440,905 --------------- Total 4,310,436 - ------------------------------------------------------------------------------------- COMMUNICATIONS EQUIPMENT (0.5%) Ciena 34,385(b) 1,162,557 Juniper Networks 390,940(b) 10,797,763 QUALCOMM 169,671 7,328,090 --------------- Total 19,288,410 - ------------------------------------------------------------------------------------- COMPUTERS & PERIPHERALS (5.0%) Apple 837,251(b,g) 145,639,811 EMC 1,226,140(b) 18,882,556 IBM 34,285 4,138,200 Lexmark Intl Cl A 152,812(b) 4,796,769 QLogic 47,190(b) 753,152 --------------- Total 174,210,488 - ------------------------------------------------------------------------------------- CONSTRUCTION & ENGINEERING (0.7%) Fluor 66,227 10,124,121 Jacobs Engineering Group 149,899(b) 12,940,781 --------------- Total 23,064,902 - ------------------------------------------------------------------------------------- CONSUMER FINANCE (0.1%) SLM 101,227(b) 1,875,736 - ------------------------------------------------------------------------------------- DISTRIBUTORS (0.2%) Genuine Parts 157,293 6,678,661 - ------------------------------------------------------------------------------------- DIVERSIFIED CONSUMER SERVICES (0.1%) Apollo Group Cl A 35,974(b) 1,831,077 H&R Block 128,936 2,819,830 --------------- Total 4,650,907 - ------------------------------------------------------------------------------------- DIVERSIFIED FINANCIAL SERVICES (6.0%) Bank of America 704,171 26,434,579 CIT Group 222,124 2,418,930 Citigroup 4,532,318 114,531,677 CME Group 15,365 7,028,719 JPMorgan Chase & Co 1,009,925 48,122,927 Leucadia Natl 209,784 10,745,136 --------------- Total 209,281,968 - ------------------------------------------------------------------------------------- DIVERSIFIED TELECOMMUNICATION SERVICES (0.9%) Embarq 69,506 2,889,364 Verizon Communications 706,965 27,204,014 --------------- Total 30,093,378 - ------------------------------------------------------------------------------------- ELECTRIC UTILITIES (0.3%) Duke Energy 113,096 2,070,788 PPL 148,388 7,125,592 --------------- Total 9,196,380 - ------------------------------------------------------------------------------------- ELECTRICAL EQUIPMENT (0.3%) Cooper Inds Cl A 65,899 2,793,459 Emerson Electric 124,001 6,480,292 --------------- Total 9,273,751 - -------------------------------------------------------------------------------------
See accompanying Notes to Portfolio of Investments. - -------------------------------------------------------------------------------- 1 RIVERSOURCE DISCIPLINED EQUITY FUND -- PORTFOLIO OF INVESTMENTS AT APRIL 30, 2008
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(a) ENERGY EQUIPMENT & SERVICES (4.3%) BJ Services 67,770 $1,915,858 Cameron Intl 163,192(b) 8,033,942 ENSCO Intl 20,563 1,310,480 Natl Oilwell Varco 121,258(b) 8,300,110 Schlumberger 678,337 68,206,785 Smith Intl 117,217 8,968,273 Transocean 250,645(b) 36,960,112 Weatherford Intl 198,010(b) 15,973,467 --------------- Total 149,669,027 - ------------------------------------------------------------------------------------- FOOD & STAPLES RETAILING (2.2%) Costco Wholesale 92,638 6,600,458 Safeway 318,606 10,067,950 SUPERVALU 79,252 2,623,241 Walgreen 91,836 3,200,485 Wal-Mart Stores 950,312(g) 55,099,089 --------------- Total 77,591,223 - ------------------------------------------------------------------------------------- FOOD PRODUCTS (0.2%) Dean Foods 27,032(b) 628,224 Sara Lee 476,830 6,918,803 --------------- Total 7,547,027 - ------------------------------------------------------------------------------------- GAS UTILITIES (0.1%) Questar 33,023 2,048,417 - ------------------------------------------------------------------------------------- HEALTH CARE EQUIPMENT & SUPPLIES (0.8%) Becton Dickinson & Co 52,477 4,691,444 CR Bard 41,958 3,951,185 Stryker 239,689 15,539,038 Varian Medical Systems 75,590(b) 3,543,659 --------------- Total 27,725,326 - ------------------------------------------------------------------------------------- HEALTH CARE PROVIDERS & SERVICES (2.8%) Aetna 110,399 4,813,396 Cardinal Health 193,112 10,055,342 CIGNA 511,572 21,849,240 Express Scripts 312,689(b) 21,894,484 Health Management Associates Cl A 67,300(b) 479,849 Humana 103,989(b) 4,969,634 Laboratory Corp of America Holdings 9,029(b) 682,773 Medco Health Solutions 554,391(b) 27,464,530 Quest Diagnostics 52,594 2,639,167 Tenet Healthcare 456,110(b) 2,919,104 --------------- Total 97,767,519 - ------------------------------------------------------------------------------------- HOTELS, RESTAURANTS & LEISURE (1.0%) Intl Game Technology 130,807 4,544,235 McDonald's 481,597 28,693,549 Wendy's Intl 50,234 1,456,786 --------------- Total 34,694,570 - ------------------------------------------------------------------------------------- HOUSEHOLD DURABLES (0.8%) Black & Decker 19,470 1,277,816 Centex 168,771 3,513,812 DR Horton 693,693 10,745,305 KB Home 105,989 2,384,753 Lennar Cl A 328,636(d) 6,053,475 Pulte Homes 202,526 2,640,939 Stanley Works 13,005 627,361 --------------- Total 27,243,461 - ------------------------------------------------------------------------------------- HOUSEHOLD PRODUCTS (2.6%) Colgate-Palmolive 213,198 15,073,099 Kimberly-Clark 257,974 16,507,756 Procter & Gamble 898,023 60,212,442 --------------- Total 91,793,297 - ------------------------------------------------------------------------------------- INDUSTRIAL CONGLOMERATES (2.2%) 3M 664,986 51,137,423 Textron 200,580(g) 12,237,386 Tyco Intl 331,067(c) 15,490,625 --------------- Total 78,865,434 - ------------------------------------------------------------------------------------- INSURANCE (7.7%) ACE 378,651(c) 22,828,869 AFLAC 296,486 19,766,722 Allstate 913,087 45,983,062 Ambac Financial Group 288,197 1,334,352 American Intl Group 803,418 37,117,912 Assurant 27,878 1,812,070 Chubb 428,603 22,703,101 Cincinnati Financial 28,900 1,037,510 Genworth Financial Cl A 656,721 15,143,986 Lincoln Natl 53,017 2,850,194 Marsh & McLennan Companies 323,453 8,924,068 MBIA 209,475(d) 2,178,540 Progressive 1,344,704 24,460,166 Prudential Financial 152,757 11,565,232 Safeco 97,345 6,496,805 Torchmark 89,376 5,786,202 Travelers Companies 639,459 32,228,734 Unum Group 358,253 8,315,052 XL Capital Cl A 65,479(c) 2,284,562 --------------- Total 272,817,139 - ------------------------------------------------------------------------------------- INTERNET & CATALOG RETAIL (0.4%) Amazon.com 171,629(b,g) 13,495,188 - ------------------------------------------------------------------------------------- INTERNET SOFTWARE & SERVICES (1.4%) Google Cl A 81,191(b) 46,627,180 VeriSign 44,026(b) 1,587,137 --------------- Total 48,214,317 - ------------------------------------------------------------------------------------- IT SERVICES (0.3%) Automatic Data Processing 19,839 876,884 Paychex 98,702 3,589,792 Total System Services 65,805 1,566,159 Western Union 159,735 3,673,905 --------------- Total 9,706,740 - ------------------------------------------------------------------------------------- LEISURE EQUIPMENT & PRODUCTS (0.4%) Brunswick 100,213(g) 1,671,553 Eastman Kodak 232,404 4,157,708 Mattel 530,174 9,940,762 --------------- Total 15,770,023 - ------------------------------------------------------------------------------------- LIFE SCIENCES TOOLS & SERVICES (0.2%) Applera-Applied Biosystems Group 128,595(f) 4,103,466 Waters 59,289(b) 3,643,902 --------------- Total 7,747,368 - ------------------------------------------------------------------------------------- MACHINERY (2.5%) Caterpillar 119,248 9,764,026 Cummins 108,942 6,825,216 Danaher 54,259 4,233,287 Deere & Co 424,967 35,726,977 Illinois Tool Works 61,313 3,206,057 Ingersoll-Rand Cl A 296,130(c) 13,142,249 Manitowoc 97,078 3,671,490 Parker Hannifin 152,440 12,172,334 --------------- Total 88,741,636 - ------------------------------------------------------------------------------------- MEDIA (1.0%) CBS Cl B 766,934 17,693,166 Gannett 498,635 14,270,934 McGraw-Hill Companies 16,525 677,360 Meredith 14,134 458,083 New York Times Cl A 109,515(d) 2,135,543 --------------- Total 35,235,086 - ------------------------------------------------------------------------------------- METALS & MINING (1.1%) Freeport-McMoRan Copper & Gold 277,541 31,570,288 Newmont Mining 189,293 8,368,644 --------------- Total 39,938,932 - ------------------------------------------------------------------------------------- MULTILINE RETAIL (0.2%) Family Dollar Stores 102,849 2,200,969 Kohl's 85,519(b) 4,177,603 --------------- Total 6,378,572 - ------------------------------------------------------------------------------------- MULTI-UTILITIES (0.1%) NiSource 121,389 2,172,863 TECO Energy 83,991 1,344,696 --------------- Total 3,517,559 - ------------------------------------------------------------------------------------- OIL, GAS & CONSUMABLE FUELS (15.3%) Anadarko Petroleum 273,837 18,226,591 Apache 49,069 6,608,613 Chevron 1,901,048 182,785,764 ConocoPhillips 602,644 51,917,781 Devon Energy 48,553 5,505,910 Exxon Mobil 1,729,512 160,965,681 Hess 54,510 5,788,962 Marathon Oil 375,756 17,123,201 Murphy Oil 110,749 10,005,065 Occidental Petroleum 1,003,658 83,514,382 --------------- Total 542,441,950 - -------------------------------------------------------------------------------------
See accompanying Notes to Portfolio of Investments. - -------------------------------------------------------------------------------- 2 RIVERSOURCE DISCIPLINED EQUITY FUND -- PORTFOLIO OF INVESTMENTS AT APRIL 30, 2008
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(a) PHARMACEUTICALS (9.2%) Allergan 68,011 $3,833,780 Barr Pharmaceuticals 26,499(b) 1,331,045 Eli Lilly & Co 295,088 14,205,536 Forest Laboratories 149,667(b) 5,194,942 Johnson & Johnson 1,735,639(g) 116,444,021 King Pharmaceuticals 400,546(b) 3,761,127 Merck & Co 772,283 29,377,645 Mylan 138,890(d) 1,829,181 Pfizer 7,576,247 152,358,327 --------------- Total 328,335,604 - ------------------------------------------------------------------------------------- REAL ESTATE INVESTMENT TRUSTS (REITS) (0.2%) HCP 98,002 3,498,671 Public Storage 26,537 2,406,906 --------------- Total 5,905,577 - ------------------------------------------------------------------------------------- SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT (2.2%) Intel 3,219,212(g) 71,659,659 MEMC Electronic Materials 44,937(b) 2,829,683 NVIDIA 95,822(b) 1,969,142 --------------- Total 76,458,484 - ------------------------------------------------------------------------------------- SOFTWARE (3.1%) BMC Software 42,712(b) 1,484,669 Electronic Arts 70,423(b) 3,624,672 Microsoft 2,529,902 72,152,805 Oracle 1,507,562(b) 31,432,668 --------------- Total 108,694,814 - ------------------------------------------------------------------------------------- SPECIALTY RETAIL (4.1%) Abercrombie & Fitch Cl A 47,279 3,513,302 AutoNation 173,695(b) 2,780,857 AutoZone 41,363(b) 4,994,582 Bed Bath & Beyond 172,209(b,d) 5,596,793 Best Buy 144,404 6,212,260 GameStop Cl A 196,402(b) 10,809,966 Gap 330,498 6,153,873 Home Depot 2,249,714 64,791,764 Lowe's Companies 1,222,095 30,784,573 Office Depot 83,440(b) 1,058,019 RadioShack 168,700 2,344,930 Sherwin-Williams 53,160(g) 2,940,811 Staples 28,256 613,155 TJX Companies 93,120 3,000,326 --------------- Total 145,595,211 - ------------------------------------------------------------------------------------- TEXTILES, APPAREL & LUXURY GOODS (1.0%) Coach 206,729(b) 7,353,351 Jones Apparel Group 116,009 1,836,422 Liz Claiborne 229,550 4,060,740 Nike Cl B 250,207 16,713,827 VF 80,201 5,965,350 --------------- Total 35,929,690 - ------------------------------------------------------------------------------------- THRIFTS & MORTGAGE FINANCE (2.1%) Countrywide Financial 631,768 3,651,619 Fannie Mae 1,127,692 31,913,685 Freddie Mac 740,354 18,442,218 Hudson City Bancorp 115,238 2,204,503 MGIC Investment 217,148(d) 2,829,438 Sovereign Bancorp 166,988 1,247,400 Washington Mutual 1,067,712(d) 13,122,180 --------------- Total 73,411,043 - ------------------------------------------------------------------------------------- TOBACCO (0.8%) Altria Group 377,005 7,540,100 Philip Morris Intl 377,005(b) 19,238,565 --------------- Total 26,778,665 - ------------------------------------------------------------------------------------- TRADING COMPANIES & DISTRIBUTORS (0.1%) WW Grainger 42,704 3,702,864 - ------------------------------------------------------------------------------------- TOTAL COMMON STOCKS (Cost: $3,540,315,921) $3,492,963,408 - ------------------------------------------------------------------------------------- MONEY MARKET FUND (1.6%)(e) SHARES VALUE(a) RiverSource Short-Term Cash Fund, 2.72% 57,583,207(h) $57,583,207 - ------------------------------------------------------------------------------------- TOTAL MONEY MARKET FUND (Cost: $57,583,207) $57,583,207 - ------------------------------------------------------------------------------------- TOTAL INVESTMENTS IN SECURITIES (Cost: $3,597,899,128)(i) $3,550,546,615 =====================================================================================
NOTES TO PORTFOLIO OF INVESTMENTS (a) Securities are valued by using procedures described in Note 1 to the financial statements, in the most recent Semiannual Report dated Jan. 31, 2008. (b) Non-income producing. (c) Foreign security values are stated in U.S. dollars. At April 30, 2008, the value of foreign securities represented 1.5% of net assets. (d) At April 30, 2008, security was partially or fully on loan. (e) Cash collateral received from security lending activity is invested in an affiliated money market fund and represents 1.3% of net assets. The Fund's cash equivalent position is 0.3% of net assets. (f) Shareholders of tracking stocks have a financial interest only in a unit or division of the company. Unlike the common stock of the company itself, a tracking stock usually has limited or no voting rights. In the event of a company's liquidation, tracking stock shareholders typically do not have a legal claim on the company's assets. (g) Partially pledged as initial margin deposit on the following open stock index futures contracts:
TYPE OF SECURITY CONTRACTS - --------------------------------------------------------------------------------------- PURCHASE CONTRACTS S&P 500 Index, June 2008 54
(h) Affiliated Money Market Fund -- The Fund may invest its daily cash balance in RiverSource Short-Term Cash Fund, a money market fund established for the exclusive use of the RiverSource funds and other institutional clients of RiverSource Investments. The rate shown is the seven-day current annualized yield at April 30, 2008. (i) At April 30, 2008, the cost of securities for federal income tax purposes was approximately $3,597,899,000 and the approximate aggregate gross unrealized appreciation and depreciation based on that cost was: Unrealized appreciation $348,926,000 Unrealized depreciation (396,278,000) - ---------------------------------------------------------------------------------------- Net unrealized depreciation $(47,352,000) - ----------------------------------------------------------------------------------------
The Global Industry Classification Standard (GICS) was developed by and is the exclusive property of Morgan Stanley Capital International Inc. and Standard & Poor's, a division of The McGraw-Hill Companies, Inc. - -------------------------------------------------------------------------------- 3 RIVERSOURCE DISCIPLINED EQUITY FUND -- PORTFOLIO OF INVESTMENTS AT APRIL 30, 2008 HOW TO FIND INFORMATION ABOUT THE FUND'S PORTFOLIO HOLDINGS (i) The Fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (Commission) for the first and third quarters of each fiscal year on Form N-Q; (ii) The Fund's Forms N-Q are available on the Commission's website at http://www.sec.gov; (iii)The Fund's Forms N-Q may be reviewed and copied at the Commission's Public Reference Room in Washington, DC (information on the operations of the Public Reference Room may be obtained by calling 1-800-SEC-0330); and (iv) The Fund's complete schedule of portfolio holdings, as disclosed in its annual and semiannual shareholder reports and in its filings on Form N-Q, can be found at riversource.com/funds. - -------------------------------------------------------------------------------- 4 RIVERSOURCE DISCIPLINED EQUITY FUND -- PORTFOLIO OF INVESTMENTS AT APRIL 30, 2008 PORTFOLIO OF INVESTMENTS FOR RIVERSOURCE GROWTH FUND AT APRIL 30, 2008 APRIL 30, 2008 (UNAUDITED) (Percentages represent value of investments compared to net assets) INVESTMENTS IN SECURITIES
COMMON STOCKS (94.6%) ISSUER SHARES VALUE(a) AEROSPACE & DEFENSE (2.9%) Boeing 867,438 $73,610,789 - ------------------------------------------------------------------------------------- AIRLINES (0.3%) Delta Air Lines 124,282(b) 1,057,640 Northwest Airlines 325,346(b) 3,142,842 UAL 207,622 3,093,568 --------------- Total 7,294,050 - ------------------------------------------------------------------------------------- BEVERAGES (2.2%) Coca-Cola 187,918 11,062,733 Hansen Natural 221,256(b) 7,830,250 Molson Coors Brewing Cl B 310,916 17,050,633 PepsiCo 280,429 19,217,799 --------------- Total 55,161,415 - ------------------------------------------------------------------------------------- BIOTECHNOLOGY (4.1%) Amgen 590,894(b) 24,740,732 Genentech 1,088,628(b) 74,244,429 Genzyme 71,259(b) 5,013,071 --------------- Total 103,998,232 - ------------------------------------------------------------------------------------- CAPITAL MARKETS (4.0%) Apollo Mgmt LP 1,690,500(d,g) 25,780,125 Goldman Sachs Group 10,581 2,024,886 KKR Private Equity Investors LP Unit 4,267,401 63,584,275 Lehman Brothers Holdings 70,115 3,101,888 Merrill Lynch & Co 19,166 955,042 Oaktree Capital Group LLC Cl A Unit 246,000(d,g) 6,888,000 Och-Ziff Capital Management Group LLC Cl A 40,667 789,346 --------------- Total 103,123,562 - ------------------------------------------------------------------------------------- CHEMICALS (0.3%) Bayer 98,273(c,e) 8,408,700 - ------------------------------------------------------------------------------------- COMMUNICATIONS EQUIPMENT (9.1%) Cisco Systems 1,226,313(b) 31,442,665 Comverse Technology 568,028(b) 9,903,568 Foundry Networks 287,410(b) 3,658,729 Motorola 475,860 4,739,566 Nokia ADR 2,340,649(c) 70,383,315 QUALCOMM 2,299,702 99,324,130 Starent Networks 916,740(b,e) 14,502,827 --------------- Total 233,954,800 - ------------------------------------------------------------------------------------- COMPUTERS & PERIPHERALS (2.7%) Apple 196,592(b) 34,197,178 EMC 446,496(b) 6,876,038 Hewlett-Packard 470,108 21,789,506 SanDisk 156,076(b) 4,228,099 Seagate Technology 127,987(c) 2,415,115 --------------- Total 69,505,936 - ------------------------------------------------------------------------------------- DIVERSIFIED FINANCIAL SERVICES (0.5%) KKR Financial Holdings LLC 686,368 8,716,873 Liberty Media -- Capital Series A 303,194(b,h) 4,660,092 --------------- Total 13,376,965 - ------------------------------------------------------------------------------------- DIVERSIFIED TELECOMMUNICATION SERVICES (9.0%) AT&T 2,089,213 80,873,434 Deutsche Telekom 2,366,094(c) 42,633,589 Qwest Communications Intl 2,233,211 11,523,369 Telefonica 1,923,735(c) 55,779,067 Telefonica ADR 157,260(c) 13,584,119 Telenor 825,812(b,c) 16,719,800 Verizon Communications 251,531 9,678,913 --------------- Total 230,792,291 - ------------------------------------------------------------------------------------- ELECTRICAL EQUIPMENT (0.2%) Suntech Power Holdings ADR 119,102(b,c,e) 5,327,432 - ------------------------------------------------------------------------------------- HEALTH CARE EQUIPMENT & SUPPLIES (2.2%) Boston Scientific 3,577,960(b) 47,694,206 Medtronic 159,751 7,776,679 --------------- Total 55,470,885 - ------------------------------------------------------------------------------------- HEALTH CARE PROVIDERS & SERVICES (2.7%) AmerisourceBergen 321,167 13,023,322 Cardinal Health 232,911 12,127,676 Humana 154,925(b) 7,403,866 McKesson 514,050 26,792,285 UnitedHealth Group 325,881 10,633,497 --------------- Total 69,980,646 - ------------------------------------------------------------------------------------- HOTELS, RESTAURANTS & LEISURE (0.1%) Intl Game Technology 67,982 2,361,695 - ------------------------------------------------------------------------------------- HOUSEHOLD DURABLES (0.8%) Harman Intl Inds 503,320 20,570,688 - ------------------------------------------------------------------------------------- HOUSEHOLD PRODUCTS (1.2%) Colgate-Palmolive 191,481 13,537,707 Procter & Gamble 247,700 16,608,285 --------------- Total 30,145,992 - ------------------------------------------------------------------------------------- INDUSTRIAL CONGLOMERATES (0.1%) Tyco Intl 66,546(c) 3,113,687 - ------------------------------------------------------------------------------------- INSURANCE (0.5%) AFLAC 40,978 2,732,003 American Intl Group 147,111 6,796,529 Prudential Financial 48,679 3,685,487 --------------- Total 13,214,019 - ------------------------------------------------------------------------------------- INTERNET SOFTWARE & SERVICES (0.9%) Google Cl A 35,409(b) 20,335,034 Yahoo! 52,282(b) 1,433,050 --------------- Total 21,768,084 - ------------------------------------------------------------------------------------- IT SERVICES (0.6%) HCL Technologies 65,150(c) 463,669 MasterCard Cl A 51,550 14,339,148 --------------- Total 14,802,817 - ------------------------------------------------------------------------------------- MACHINERY (0.1%) Flowserve 10,826 1,343,398 - ------------------------------------------------------------------------------------- MEDIA (14.6%) Comcast Cl A 1,039,424 21,360,163 Liberty Entertainment Series A 684,313(b,h) 17,757,922 News Corp Cl A 615,430 11,016,197 Sirius Satellite Radio 436,191(b) 1,121,011 Time Warner 1,587,330 23,571,851 Time Warner Cable Cl A 189,731(b) 5,312,468
See accompanying Notes to Portfolio of Investments. - -------------------------------------------------------------------------------- 1 RIVERSOURCE GROWTH FUND -- PORTFOLIO OF INVESTMENTS AT APRIL 30, 2008
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(a) MEDIA (CONT.) Virgin Media 16,707,911(g,i) $215,532,053 WorldSpace Cl A 447,419(b,e) 666,654 XM Satellite Radio Holdings Cl A 7,043,538(b) 78,535,449 --------------- Total 374,873,768 - ------------------------------------------------------------------------------------- METALS & MINING (2.5%) Coeur d'Alene Mines 7,242,276(b,e) 22,233,787 Lihir Gold 10,691,156(b,c) 29,656,102 Newmont Mining 246,590 10,901,744 --------------- Total 62,791,633 - ------------------------------------------------------------------------------------- OIL, GAS & CONSUMABLE FUELS (1.5%) Exxon Mobil 295,703 27,521,078 Kinder Morgan Management LLC --(b) 22 Valero Energy 215,703 10,537,092 --------------- Total 38,058,192 - ------------------------------------------------------------------------------------- PERSONAL PRODUCTS (2.1%) Avon Products 1,043,689 40,724,745 Herbalife 286,766(c) 12,554,615 --------------- Total 53,279,360 - ------------------------------------------------------------------------------------- PHARMACEUTICALS (9.0%) Bristol-Myers Squibb 3,287,947 72,236,195 Elan ADR 356,795(b,c) 9,380,141 Eli Lilly & Co 209,558 10,088,122 Johnson & Johnson 80,696 5,413,895 Merck & Co 1,214,023(i) 46,181,435 Pfizer 2,474,708 49,766,378 Schering-Plough 689,509 12,693,861 Wyeth 521,775 23,203,334 --------------- Total 228,963,361 - ------------------------------------------------------------------------------------- ROAD & RAIL (1.6%) Hertz Global Holdings 3,236,739(b) 41,624,464 - ------------------------------------------------------------------------------------- SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT (3.7%) Analog Devices 91,631 2,951,435 Himax Technologies ADR 1,884,148(c) 9,477,264 Infineon Technologies 2,853,569(b,c) 26,777,926 Intel 1,032,461 22,982,582 ON Semiconductor 144,324(b) 1,078,100 Spansion Cl A 4,774,024(b) 15,754,279 Texas Instruments 509,605 14,860,082 --------------- Total 93,881,668 - ------------------------------------------------------------------------------------- SOFTWARE (5.2%) Microsoft 3,445,021 98,251,998 Nintendo ADR 506,977(c) 34,623,944 --------------- Total 132,875,942 - ------------------------------------------------------------------------------------- SPECIALTY RETAIL (--%) Office Depot 49,757(b) 630,919 - ------------------------------------------------------------------------------------- THRIFTS & MORTGAGE FINANCE (0.3%) Countrywide Financial 220,347(e) 1,273,606 Freddie Mac 238,154 5,932,416 --------------- Total 7,206,022 - ------------------------------------------------------------------------------------- TOBACCO (2.4%) Altria Group 1,230,787 24,615,740 Philip Morris Intl 706,054(b) 36,029,936 --------------- Total 60,645,676 - ------------------------------------------------------------------------------------- WIRELESS TELECOMMUNICATION SERVICES (7.3%) MTN Group 182,285(c) 3,485,442 Orascom Telecom Holding GDR 74,365(c) 5,562,502 Sprint Nextel 346,452 2,768,151 Turkcell ADR 170,844(c) 3,442,507 Vodafone Group 44,286,659(c) 141,145,191 Vodafone Group ADR 993,598(c) 31,457,313 --------------- Total 187,861,106 - ------------------------------------------------------------------------------------- TOTAL COMMON STOCKS (Cost: $2,621,255,246) $2,420,018,194 - -------------------------------------------------------------------------------------
OPTIONS PURCHASED (0.6%) EXERCISE EXPIRATION ISSUER CONTRACTS PRICE DATE VALUE(a) CALLS Altria Group(j) Virgin Media(j) Vodafone Group ADR(j) 409,530 $100.00 Jan. 2009 $905,061 Amerisource Bergen Bristol Myers Squibb(j) Nokia ADR(j) 370,200 100.00 Jan. 2009 1,180,938 Genentech 12,628 80.00 June 2008 789,250 Hong Kong Dollar 1,727,158 7.73 March 2009 842,335 Merck & Co 34,885 42.50 May 2008 261,638 Virgin Media 16,687 17.50 June 2008 250,305 Virgin Media(j) Vodafone Group ADR(j) XM Satellite Radio Cl A(j) 364,026 100.00 Jan. 2009 1,496,148 XM Satellite Radio Cl A 6,219 11.00 May 2008 404,235 XM Satellite Radio Cl A 5,646 13.00 May 2008 70,575 - ------------------------------------------------------------------------------------- PUTS Energy Select Sector SPDR 1,702 75.00 May 2008 60,421 Goldman Sachs Group 401,882 446.25 Aug. 2008 5,326,392 Russell 1000 Growth Index 4,289 577.61 June 2008 3,910,084 - ------------------------------------------------------------------------------------- TOTAL OPTIONS PURCHASED (Cost: $28,273,602) $15,497,382 - -------------------------------------------------------------------------------------
MONEY MARKET FUND (3.3%)(f) SHARES VALUE(a) RiverSource Short-Term Cash Fund, 2.72% 85,233,673(k) $85,233,673 - ------------------------------------------------------------------------------------- TOTAL MONEY MARKET FUND (Cost: $85,233,673) $85,233,673 - ------------------------------------------------------------------------------------- TOTAL INVESTMENTS IN SECURITIES (Cost: $2,734,762,521)(l) $2,520,749,249 =====================================================================================
NOTES TO PORTFOLIO OF INVESTMENTS (a) Securities are valued by using procedures described in Note 1 to the financial statements in the most recent Semiannual Report dated Jan. 31, 2008. (b) Non-income producing. (c) Foreign security values are stated in U.S. dollars. At April 30, 2008, the value of foreign securities represented 20.6% of net assets. (d) Represents a security sold under Rule 144A, which is exempt from registration under the Securities Act of 1933, as amended. This security may be determined to be liquid under guidelines established by the Fund's Board of Directors. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At April 30, 2008, the value of these securities amounted to $32,668,125 or 1.3% of net assets. (e) At April 30, 2008, security was partially or fully on loan. (f) Cash collateral received from security lending activity is invested in an affiliated money market fund and represents 1.2% of net assets. The Fund's cash equivalent position is 2.1% of net assets. (g) Identifies issues considered to be illiquid as to their marketability. These securities may be valued at fair value according to procedures approved, in good faith, by the Fund's Board of Directors. Information concerning such security holdings at April 30, 2008, is as follows:
ACQUISITION SECURITY DATES COST - ---------------------------------------------------------------------------- Apollo Mgmt LP* 08-02-07 thru 03-07-08 $37,922,825 Oaktree Capital Group LLC Cl A Unit* 05-21-07 thru 11-19-07 10,031,400 Virgin Media 12-02-05 thru 04-15-08 346,879,702
* Represents a security sold under Rule 144A, which is exempt from registration under the Securities Act of 1933, as amended. - -------------------------------------------------------------------------------- 2 RIVERSOURCE GROWTH FUND -- PORTFOLIO OF INVESTMENTS AT APRIL 30, 2008 NOTES TO PORTFOLIO OF INVESTMENTS (CONTINUED) (h) Shareholders of tracking stocks have a financial interest only in a unit or division of the company. Unlike the common stock of the company itself, a tracking stock usually has limited or no voting rights. In the event of a company's liquidation, tracking stock shareholders typically do not have a legal claim on the company's assets. (i) At April 30, 2008, securities valued at $99,297,792 were held to cover open call options written as follows:
EXERCISE EXPIRATION ISSUER CONTRACTS PRICE DATE VALUE(A) - ----------------------------------------------------------------------------------------------------- Merck & Co 21,988 $47.50 May 2008 $54,970 Virgin Media 12,136 22.50 June 2008 60,680 - ----------------------------------------------------------------------------------------------------- Total value $115,650 - -----------------------------------------------------------------------------------------------------
(j) Represents a worst-of-call-option that is a bundle of long forwards. All mature on the option's expiration date but have different underliers. At expiration, only one settles and this is chosen in the issuer's favor. (k) Affiliated Money Market Fund -- The Fund may invest its daily cash balance in RiverSource Short-Term Cash Fund, a money market fund established for the exclusive use of the RiverSource funds and other institutional clients of RiverSource Investments. The rate shown is the seven-day current annualized yield at April 30, 2008. (l) At April 30, 2008, the cost of securities for federal income tax purposes was approximately $2,734,763,000 and the approximate aggregate gross unrealized appreciation and depreciation based on that cost was: Unrealized appreciation $110,341,000 Unrealized depreciation (324,355,000) - ---------------------------------------------------------------------------------------- Net unrealized depreciation $(214,014,000) - ----------------------------------------------------------------------------------------
The Global Industry Classification Standard (GICS) was developed by and is the exclusive property of Morgan Stanley Capital International Inc. and Standard & Poor's, a division of The McGraw-Hill Companies, Inc. HOW TO FIND INFORMATION ABOUT THE FUND'S PORTFOLIO HOLDINGS (i) The Fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (Commission) for the first and third quarters of each fiscal year on Form N-Q; (ii) The Fund's Forms N-Q are available on the Commission's website at http://www.sec.gov; (iii)The Fund's Forms N-Q may be reviewed and copied at the Commission's Public Reference Room in Washington, DC (information on the operations of the Public Reference Room may be obtained by calling 1-800-SEC-0330); and (iv) The Fund's complete schedule of portfolio holdings, as disclosed in its annual and semiannual shareholder reports and in its filings on Form N-Q, can be found at riversource.com/funds. - -------------------------------------------------------------------------------- 3 RIVERSOURCE GROWTH FUND -- PORTFOLIO OF INVESTMENTS AT APRIL 30, 2008 PORTFOLIO OF INVESTMENTS FOR RIVERSOURCE LARGE CAP EQUITY FUND AT APRIL 30, 2008 APRIL 30, 2008 (UNAUDITED) (Percentages represent value of investments compared to net assets) INVESTMENTS IN SECURITIES
COMMON STOCKS (95.7%) ISSUER SHARES VALUE(a) AEROSPACE & DEFENSE (4.2%) Boeing 1,022,797 $86,794,554 DRS Technologies 27,061 1,689,689 General Dynamics 52,936 4,786,473 Goodrich 195,609 13,330,753 Honeywell Intl 541,576 32,169,614 L-3 Communications Holdings 120,388 13,417,243 Lockheed Martin 186,890 19,817,816 Northrop Grumman 20,339 1,496,340 Spirit Aerosystems Holdings Cl A 185,376(b) 5,407,418 United Technologies 313,256 22,701,662 --------------- Total 201,611,562 - ------------------------------------------------------------------------------------- AIR FREIGHT & LOGISTICS (0.1%) United Parcel Service Cl B 34,006 2,462,374 - ------------------------------------------------------------------------------------- AIRLINES (0.2%) Delta Air Lines 75,849(b) 645,475 Northwest Airlines 437,375(b) 4,225,043 UAL 162,979 2,428,387 --------------- Total 7,298,905 - ------------------------------------------------------------------------------------- AUTO COMPONENTS (0.1%) Goodyear Tire & Rubber 30,858(b) 826,377 Johnson Controls 76,286 2,689,845 --------------- Total 3,516,222 - ------------------------------------------------------------------------------------- AUTOMOBILES (0.2%) Fiat 73,010(c) 1,640,428 Ford Motor 548,416(b) 4,529,916 General Motors 72,726 1,687,243 Harley-Davidson 30,642 1,172,057 --------------- Total 9,029,644 - ------------------------------------------------------------------------------------- BEVERAGES (2.0%) Coca-Cola 590,986 34,791,346 Hansen Natural 216,995(b) 7,679,453 Molson Coors Brewing Cl B 442,731 24,279,368 Pepsi Bottling Group 15,903 536,090 PepsiCo 433,031 29,675,614 --------------- Total 96,961,871 - ------------------------------------------------------------------------------------- BIOTECHNOLOGY (1.8%) Amgen 639,235(b) 26,764,769 Celgene 28,775(b) 1,788,079 Genentech 748,099(b) 51,020,352 Genzyme 90,887(b) 6,393,900 --------------- Total 85,967,100 - ------------------------------------------------------------------------------------- BUILDING PRODUCTS (0.1%) Masco 253,641(f) 4,618,802 Trane 22,327 1,038,429 --------------- Total 5,657,231 - ------------------------------------------------------------------------------------- CAPITAL MARKETS (4.1%) Apollo Mgmt LP 1,410,700(d,h) 21,513,175 Bank of New York Mellon 288,757 12,569,592 BlackRock 11,193 2,258,635 Blackstone Group LP 139,130 2,597,557 Goldman Sachs Group 141,182 27,017,999 KKR Private Equity Investors LP Unit 2,677,260 39,891,175 Legg Mason 16,693 1,006,254 Lehman Brothers Holdings 324,528 14,357,119 Merrill Lynch & Co 584,019 29,101,667 Morgan Stanley 442,585 21,509,631 Oaktree Capital Group LLC Cl A Unit 331,941(d,h) 9,294,348 Och-Ziff Capital Management Group LLC Cl A 142,883(f) 2,773,359 State Street 199,442 14,387,746 --------------- Total 198,278,257 - ------------------------------------------------------------------------------------- CHEMICALS (1.3%) Air Products & Chemicals 27,552 2,711,943 Ashland 37,469 1,986,606 Bayer 59,993(c,f) 5,133,283 Dow Chemical 459,724 18,457,920 Eastman Chemical 48,323 3,551,741 Ecolab 22,549 1,036,352 EI du Pont de Nemours & Co 274,146 13,408,481 Hercules 14,581 274,123 Intl Flavors & Fragrances 10,409 474,754 Monsanto 70,405 8,027,578 PPG Inds 21,047 1,291,654 Praxair 40,246 3,674,862 Rohm & Haas 16,106 860,866 Sigma-Aldrich 16,624 947,900 --------------- Total 61,838,063 - ------------------------------------------------------------------------------------- COMMERCIAL BANKS (1.2%) BB&T 174,729 5,991,457 Comerica 58,523 2,032,504 M&T Bank 9,018 840,748 Marshall & Ilsley 32,044 800,459 Natl City 76,133(f) 479,638 PNC Financial Services Group 99,331 6,888,605 Regions Financial 1 22 US Bancorp 302,258 10,243,524 Wachovia 602,014 17,548,707 Wells Fargo & Co 441,169 13,124,778 Zions Bancorporation 12,933 599,445 --------------- Total 58,549,887 - ------------------------------------------------------------------------------------- COMMERCIAL SERVICES & SUPPLIES (0.1%) Allied Waste Inds 43,320(b) 535,435 Avery Dennison 13,680 659,239 Cintas 16,783 496,945 Equifax 12,390 474,165 Monster Worldwide 16,128(b) 392,394 Pitney Bowes 27,119 979,267 Robert Half Intl 20,406 483,622 RR Donnelley & Sons 27,604 845,787 Waste Management 63,641 2,297,441 --------------- Total 7,164,295 - ------------------------------------------------------------------------------------- COMMUNICATIONS EQUIPMENT (4.6%) Ciena 11,423(b) 386,212 Cisco Systems 1,899,581(b) 48,705,257 Comverse Technology 346,664(b) 6,044,087 Corning 62,564 1,671,084 Foundry Networks 175,405(b) 2,232,906 JDS Uniphase 29,829(b) 426,853 Juniper Networks 67,268(b) 1,857,942 Motorola 1,154,268 11,496,509 Nokia ADR 1,742,339(c) 52,392,133 QUALCOMM 1,918,724 82,869,689 Starent Networks 555,847(b) 8,793,500 Telefonaktiebolaget LM Ericsson ADR 129,481(c) 3,265,511 Tellabs 53,161(b) 274,311 --------------- Total 220,415,994 - -------------------------------------------------------------------------------------
See accompanying Notes to Portfolio of Investments. - -------------------------------------------------------------------------------- 1 RIVERSOURCE LARGE CAP EQUITY FUND -- PORTFOLIO OF INVESTMENTS AT APRIL 30, 2008
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(a) COMPUTERS & PERIPHERALS (3.1%) Apple 261,913(b) $45,559,766 Dell 468,536(b) 8,728,826 EMC 398,028(b) 6,129,631 Hewlett-Packard 1,014,071 47,002,190 IBM 291,073 35,132,511 SanDisk 235,550(b) 6,381,050 Seagate Technology 78,110(c) 1,473,936 --------------- Total 150,407,910 - ------------------------------------------------------------------------------------- CONSTRUCTION & ENGINEERING (0.3%) Fluor 55,856 8,538,707 KBR 267,480 7,714,123 --------------- Total 16,252,830 - ------------------------------------------------------------------------------------- CONSTRUCTION MATERIALS (--%) Vulcan Materials 13,924 958,250 - ------------------------------------------------------------------------------------- CONSUMER FINANCE (0.5%) American Express 269,383 12,935,772 Capital One Financial 226,647 12,012,291 SLM 29,564(b) 547,821 --------------- Total 25,495,884 - ------------------------------------------------------------------------------------- CONTAINERS & PACKAGING (--%) Ball 12,533 674,025 Bemis 12,800 336,640 Pactiv 16,753(b) 398,554 Sealed Air 20,763 525,096 Temple-Inland 35,351 412,546 --------------- Total 2,346,861 - ------------------------------------------------------------------------------------- DISTRIBUTORS (--%) Genuine Parts 21,238 901,765 - ------------------------------------------------------------------------------------- DIVERSIFIED CONSUMER SERVICES (--%) Apollo Group Cl A 17,648(b) 898,283 H&R Block 41,802 914,210 --------------- Total 1,812,493 - ------------------------------------------------------------------------------------- DIVERSIFIED FINANCIAL SERVICES (4.0%) Bank of America 2,017,312 75,729,893 CIT Group 24,756 269,593 Citigroup 1,433,853 36,233,465 CME Group 6,598 3,018,255 Consumer Discretionary Select Sector SPDR Fund 41,983 1,320,365 IntercontinentalExchange 21,823(b) 3,385,838 iShares Dow Jones US Healthcare Sector Index Fund 1 64 JPMorgan Chase & Co 1,202,883 57,317,375 KKR Financial Holdings LLC 509,946 6,476,314 Leucadia Natl 21,733 1,113,164 Liberty Media -- Capital Series A 185,038(b,e) 2,844,034 Materials Select Sector SPDR Fund 53,049 2,244,503 NYMEX Holdings 12,721 1,177,965 NYSE Euronext 32,857 2,171,848 --------------- Total 193,302,676 - ------------------------------------------------------------------------------------- DIVERSIFIED TELECOMMUNICATION SERVICES (6.2%) AT&T 3,320,938 128,553,509 Cbeyond 59,497(b) 1,174,471 Chunghwa Telecom ADR 1(c) 26 Citizens Communications 180,760 1,937,747 Deutsche Telekom 1,672,841(c) 30,142,173 Embarq 1 42 Global Crossing 381,070(b,c) 6,371,490 Qwest Communications Intl 2,169,349 11,193,841 Telefonica 1,168,141(c) 33,870,473 Telefonica ADR 95,975(c) 8,290,321 Telenor 508,957(b,c) 10,304,596 Time Warner Telecom Cl A 113,406(b) 2,222,758 Verizon Communications 1,689,417 65,008,766 Windstream 175,927 2,065,383 --------------- Total 301,135,596 - ------------------------------------------------------------------------------------- ELECTRIC UTILITIES (1.7%) Allegheny Energy 21,485 1,155,893 American Electric Power 51,446 2,296,035 Duke Energy 162,251 2,970,816 Edison Intl 41,860 2,183,836 Entergy 134,457 15,443,731 Exelon 238,442 20,382,021 FirstEnergy 39,165 2,962,441 FPL Group 102,275 6,779,810 Pepco Holdings 25,838 643,625 Pinnacle West Capital 54,918 1,863,917 PPL 115,825 5,561,917 Progress Energy 33,417 1,403,180 Southern 467,705 17,412,657 --------------- Total 81,059,879 - ------------------------------------------------------------------------------------- ELECTRICAL EQUIPMENT (0.5%) Emerson Electric 430,608 22,503,574 Suntech Power Holdings ADR 72,687(b,c) 3,251,290 --------------- Total 25,754,864 - ------------------------------------------------------------------------------------- ELECTRONIC EQUIPMENT & INSTRUMENTS (0.2%) Agilent Technologies 15,818(b) 477,862 Amphenol Cl A 42,843 1,978,490 Tyco Electronics 142,227 5,320,712 --------------- Total 7,777,064 - ------------------------------------------------------------------------------------- ENERGY EQUIPMENT & SERVICES (1.3%) Baker Hughes 37,286 3,015,692 ENSCO Intl 41,369 2,636,446 Halliburton 211,059 9,689,719 Nabors Inds 31,397(b,c) 1,178,643 Natl Oilwell Varco 124,698(b) 8,535,578 Noble 30,960 1,742,429 Pride Intl 135,201(b) 5,739,282 Rowan Companies 13,145 512,524 Schlumberger 136,397 13,714,718 Transocean 82,395(b) 12,149,967 Weatherford Intl 65,259(b) 5,264,444 --------------- Total 64,179,442 - ------------------------------------------------------------------------------------- FOOD & STAPLES RETAILING (1.4%) Costco Wholesale 57,605 4,104,356 CVS Caremark 281,274 11,355,032 Kroger 85,649 2,333,935 Safeway 136,357 4,308,881 SUPERVALU 25,134 831,935 SYSCO 74,758 2,285,352 Walgreen 178,199 6,210,235 Wal-Mart Stores 602,986 34,961,129 Whole Foods Market 17,101(f) 558,177 --------------- Total 66,949,032 - ------------------------------------------------------------------------------------- FOOD PRODUCTS (0.6%) Archer-Daniels-Midland 78,967 3,479,286 General Mills 96,205 5,810,782 Kellogg 122,708 6,278,968 Kraft Foods Cl A 416,786 13,182,942 Tyson Foods Cl A 30,555 543,879 --------------- Total 29,295,857 - ------------------------------------------------------------------------------------- GAS UTILITIES (0.1%) Nicor 6,220 218,446 ONEOK 96,687 4,652,579 Questar 22,200 1,377,066 --------------- Total 6,248,091 - ------------------------------------------------------------------------------------- HEALTH CARE EQUIPMENT & SUPPLIES (1.6%) Boston Scientific 3,766,381(b) 50,205,858 China Medical Technologies ADR 106,808(c) 3,994,619 Covidien 173,666 8,108,466 Medtronic 257,195 12,520,253 St. Jude Medical 29,408(b) 1,287,482 --------------- Total 76,116,678 - ------------------------------------------------------------------------------------- HEALTH CARE PROVIDERS & SERVICES (1.9%) Aetna 198,973 8,675,223 AmerisourceBergen 216,491 8,778,710 Cardinal Health 260,752 13,577,357 CIGNA 128,635 5,494,001 Coventry Health Care 19,876(b) 889,053 Express Scripts 32,479(b) 2,274,180 Humana 116,413(b) 5,563,377 Laboratory Corp of America Holdings 14,196(b) 1,073,502 McKesson 393,758 20,522,666 Medco Health Solutions 67,310(b) 3,334,537 Patterson Companies 16,618(b) 568,336 Quest Diagnostics 20,204 1,013,837 Tenet Healthcare 60,947(b) 390,061 UnitedHealth Group 433,271 14,137,632 WellPoint 69,625(b) 3,463,844 --------------- Total 89,756,316 - ------------------------------------------------------------------------------------- HEALTH CARE TECHNOLOGY (--%) IMS Health 23,555 582,986 - ------------------------------------------------------------------------------------- HOTELS, RESTAURANTS & LEISURE (0.7%) Chipotle Mexican Grill Cl B 1(b) 85 Darden Restaurants 100,314 3,569,172 Intl Game Technology 318,039 11,048,675 Marriott Intl Cl A 174,627 5,989,706 McDonald's 161,118 9,599,410 Pinnacle Entertainment 88,206(b,i) 1,368,957 Starbucks 96,422(b) 1,564,929 Vail Resorts 8,936(b) 436,345 Yum! Brands 18,626 757,706 --------------- Total 34,334,985 - ------------------------------------------------------------------------------------- HOUSEHOLD DURABLES (1.1%) Black & Decker 7,827 513,686 Centex 266,798 5,554,734 DR Horton 445,665 6,903,351
See accompanying Notes to Portfolio of Investments. - -------------------------------------------------------------------------------- 2 RIVERSOURCE LARGE CAP EQUITY FUND -- PORTFOLIO OF INVESTMENTS AT APRIL 30, 2008
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(a) HOUSEHOLD DURABLES (CONT.) Harman Intl Inds 377,304 $15,420,415 Hovnanian Enterprises Cl A 314,021(b,f) 3,711,728 KB Home 310,235(f) 6,980,288 Leggett & Platt 21,533 357,448 Lennar Cl A 203,469 3,747,899 Meritage Homes 76,895(b,f) 1,458,698 Newell Rubbermaid 103,563 2,126,148 NVR 2,416(b) 1,482,216 Snap-On 7,412 439,606 Standard-Pacific 272,322(f) 1,377,949 Stanley Works 10,056 485,101 Whirlpool 9,715 707,058 --------------- Total 51,266,325 - ------------------------------------------------------------------------------------- HOUSEHOLD PRODUCTS (1.2%) Colgate-Palmolive 330,407 23,359,775 Procter & Gamble 490,009 32,855,103 --------------- Total 56,214,878 - ------------------------------------------------------------------------------------- INDEPENDENT POWER PRODUCERS & ENERGY TRADERS (0.1%) AES 85,985(b) 1,492,700 Constellation Energy Group 22,859 1,935,014 Dynegy Cl A 63,710(b) 549,180 --------------- Total 3,976,894 - ------------------------------------------------------------------------------------- INDUSTRIAL CONGLOMERATES (1.5%) 3M 36,641 2,817,693 General Electric 1,975,309 64,592,604 Tyco Intl 146,325(c) 6,846,547 --------------- Total 74,256,844 - ------------------------------------------------------------------------------------- INSURANCE (3.6%) ACE 423,274(c) 25,519,189 AFLAC 337,156 22,478,191 Allstate 23,278 1,172,280 American Intl Group 1,038,855 47,995,101 Aon 8,431 382,683 Arch Capital Group 36,460(b,c) 2,575,899 Assurant 15,532 1,009,580 Assured Guaranty 136,550(c) 3,453,350 Chubb 148,607 7,871,713 Endurance Specialty Holdings 61,085(c) 2,268,086 Hartford Financial Services Group 259,486 18,493,567 MetLife 144,328 8,782,359 Principal Financial Group 13,535 726,288 Prudential Financial 355,782 26,936,255 Validus Holdings 102,839(c) 2,339,587 XL Capital Cl A 62,843(c) 2,192,592 --------------- Total 174,196,720 - ------------------------------------------------------------------------------------- INTERNET & CATALOG RETAIL (0.1%) Amazon.com 39,628(b) 3,115,950 Expedia 26,786(b) 676,614 IAC/InterActiveCorp 23,215(b) 483,104 --------------- Total 4,275,668 - ------------------------------------------------------------------------------------- INTERNET SOFTWARE & SERVICES (0.9%) Akamai Technologies 21,472(b) 768,053 eBay 143,312(b) 4,484,232 Equinix 24,807(b) 2,243,049 Google Cl A 51,853(b) 29,778,660 VeriSign 27,416(b) 988,347 Yahoo! 203,702(b) 5,583,472 --------------- Total 43,845,813 - ------------------------------------------------------------------------------------- IT SERVICES (1.1%) Accenture Cl A 8,114(c) 304,681 Affiliated Computer Services Cl A 101,296(b) 5,365,649 Automatic Data Processing 139,927 6,184,772 Broadridge Financial Solutions 1 19 Cognizant Technology Solutions Cl A 66,084(b) 2,131,209 Convergys 18,176(b) 285,727 Electronic Data Systems 173,976 3,228,995 Fidelity Natl Information Services 34,880 1,257,773 Fiserv 36,299(b) 1,834,914 HCL Technologies 217,097(c) 1,545,069 MasterCard Cl A 78,030 21,704,824 Paychex 11,781 428,475 Satyam Computer Services ADR 27,039(c) 694,362 Unisys 39,910(b) 166,026 Visa Cl A 44,420(b) 3,706,849 Western Union 109,854 2,526,642 --------------- Total 51,365,986 - ------------------------------------------------------------------------------------- LEISURE EQUIPMENT & PRODUCTS (--%) Brunswick 11,250 187,650 Eastman Kodak 37,020 662,288 Hasbro 18,321 651,495 Mattel 46,427 870,506 --------------- Total 2,371,939 - ------------------------------------------------------------------------------------- MACHINERY (1.4%) Caterpillar 199,892 16,367,157 Deere & Co 203,563 17,113,541 Flowserve 164,722 20,440,353 Ingersoll-Rand Cl A 37,360(c) 1,658,037 Navistar Intl 7,584(b) 499,406 Parker Hannifin 169,196 13,510,301 --------------- Total 69,588,795 - ------------------------------------------------------------------------------------- MEDIA (7.0%) CBS Cl B 85,654 1,976,038 Clear Channel Communications 31,958 963,534 Comcast Cl A 1,172,636 24,097,670 Comcast Special Cl A 186,735 3,779,516 DIRECTV Group 198,163(b) 4,882,736 DISH Network Cl A 46,796(b) 1,396,393 EW Scripps Cl A 11,224 504,070 Gannett 22,052 631,128 Interpublic Group of Companies 58,958(b) 533,570 Liberty Entertainment Series A 417,633(b,e) 10,837,576 McGraw-Hill Companies 32,092 1,315,451 Meredith 4,158 134,761 New York Times Cl A 13,627(f) 265,727 News Corp Cl A 1,385,560 24,801,524 Omnicom Group 20,849 995,331 Sirius Satellite Radio 784,547(b,f) 2,016,286 Time Warner 2,355,792 34,983,511 Time Warner Cable Cl A 115,792(b) 3,242,176 Viacom Cl B 212,290(b) 8,160,428 Virgin Media 10,863,599(h,k) 140,140,426 Vivendi 234,734(b,c) 9,555,009 Walt Disney 467,371 15,156,842 Washington Post Cl B 553 362,547 WorldSpace Cl A 263,942(b,f) 393,274 XM Satellite Radio Holdings Cl A 4,298,634(b) 47,929,769 --------------- Total 339,055,293 - ------------------------------------------------------------------------------------- METALS & MINING (1.3%) Alcoa 287,732(i) 10,007,319 Allegheny Technologies 12,970 892,725 Coeur d'Alene Mines 4,419,922(b,f) 13,569,161 Freeport-McMoRan Copper & Gold 49,177 5,593,884 Lihir Gold 6,600,358(b,c) 18,308,674 Newmont Mining 208,730 9,227,935 Nucor 37,008 2,794,104 Titanium Metals 12,309 187,589 --------------- Total 60,581,391 - ------------------------------------------------------------------------------------- MULTILINE RETAIL (0.5%) JC Penney 241,537 10,265,323 Kohl's 99,132(b) 4,842,598 Macy's 72,299 1,828,442 Nordstrom 24,923 878,785 Saks 10,045(b) 130,685 Target 79,595 4,228,882 --------------- Total 22,174,715 - ------------------------------------------------------------------------------------- MULTI-UTILITIES (0.6%) Ameren 26,817 1,216,419 CenterPoint Energy 42,057 640,108 CMS Energy 28,930 421,799 Consolidated Edison 34,964 1,454,502 Dominion Resources 241,501 10,478,728 DTE Energy 20,972 845,381 Integrys Energy Group 9,819 470,232 NiSource 35,223 630,492 PG&E 45,706 1,828,240 Public Service Enterprise Group 65,326 2,868,465 Sempra Energy 33,572 1,902,525 TECO Energy 27,098 433,839 Xcel Energy 311,097 6,470,818 --------------- Total 29,661,548 - ------------------------------------------------------------------------------------- OFFICE ELECTRONICS (--%) Xerox 74,961 1,047,205 - ------------------------------------------------------------------------------------- OIL, GAS & CONSUMABLE FUELS (9.2%) Anadarko Petroleum 69,534 4,628,183 Apache 20,944 2,820,738 BP ADR 182,600(c) 13,291,454 Chesapeake Energy 58,170 3,007,389 Chevron 883,415 84,940,352 ConocoPhillips 460,828 39,700,332 CONSOL Energy 25,459 2,061,161 Devon Energy 124,316 14,097,434 El Paso 89,506 1,534,133 EOG Resources 16,349 2,133,218 Exxon Mobil 1,983,524 184,606,579
See accompanying Notes to Portfolio of Investments. - -------------------------------------------------------------------------------- 3 RIVERSOURCE LARGE CAP EQUITY FUND -- PORTFOLIO OF INVESTMENTS AT APRIL 30, 2008
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(a) OIL, GAS & CONSUMABLE FUELS (CONT.) Marathon Oil 142,023 $6,471,988 Occidental Petroleum 118,255 9,839,999 Patriot Coal 3,558(b) 235,006 Peabody Energy 35,585 2,175,311 Range Resources 2,370 157,321 Royal Dutch Shell ADR 49,665(c) 3,988,596 Ship Finance Intl 109,566(c) 3,322,041 Spectra Energy 82,234 2,031,180 Sunoco 65,862 3,056,655 Tesoro 18,476 464,487 Total 325,518(c) 27,415,744 Valero Energy 367,744 17,964,294 Williams Companies 78,588 2,789,874 XTO Energy 75,518 4,671,543 --------------- Total 437,405,012 - ------------------------------------------------------------------------------------- PAPER & FOREST PRODUCTS (0.3%) Intl Paper 238,568 6,243,325 MeadWestvaco 22,336 587,437 Weyerhaeuser 99,701 6,368,899 --------------- Total 13,199,661 - ------------------------------------------------------------------------------------- PERSONAL PRODUCTS (1.1%) Avon Products 1,027,662 40,099,371 Herbalife 286,663(c) 12,550,106 --------------- Total 52,649,477 - ------------------------------------------------------------------------------------- PHARMACEUTICALS (6.8%) Bristol-Myers Squibb 4,124,934 90,624,800 Elan ADR 217,750(b,c) 5,724,648 Eli Lilly & Co 304,738 14,670,087 Johnson & Johnson 327,273 21,956,746 Merck & Co 1,489,948(k) 56,677,622 Pfizer 4,563,812 91,778,258 Roche Holding 10,019(c) 1,671,284 Schering-Plough 525,478 9,674,050 Teva Pharmaceutical Inds ADR 33,470(c) 1,565,727 Wyeth 703,313 31,276,329 --------------- Total 325,619,551 - ------------------------------------------------------------------------------------- REAL ESTATE INVESTMENT TRUSTS (REITS) (0.4%) Annaly Capital Management 85,395 1,431,220 Apartment Investment & Management Cl A 80,404 2,973,340 AvalonBay Communities 5,091 507,827 Boston Properties 10,766 1,081,875 Developers Diversified Realty 4,456 191,385 HCP 30,108 1,074,856 Host Hotels & Resorts 39,590 680,948 Kimco Realty 13,509 539,144 MFA Mtge Investments 425,830 2,976,552 Plum Creek Timber 21,936 895,866 ProLogis 28,729 1,798,723 Public Storage 11,984 1,086,949 Simon Property Group 20,937 2,090,769 Vornado Realty Trust 12,374 1,151,896 --------------- Total 18,481,350 - ------------------------------------------------------------------------------------- REAL ESTATE MANAGEMENT & DEVELOPMENT (--%) CB Richard Ellis Group Cl A 9,881(b) 228,449 - ------------------------------------------------------------------------------------- ROAD & RAIL (0.6%) CSX 32,911 2,071,747 Hertz Global Holdings 2,002,258(b) 25,749,038 Norfolk Southern 47,138 2,808,482 --------------- Total 30,629,267 - ------------------------------------------------------------------------------------- SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT (2.7%) Analog Devices 174,403 5,617,521 Applied Materials 69,479 1,296,478 Atmel 684,731(b) 2,547,199 Cypress Semiconductor 136,890(b) 3,849,347 Himax Technologies ADR 1,149,885(c) 5,783,922 Infineon Technologies 1,747,882(b,c) 16,402,146 Infineon Technologies ADR 272,965(b,c) 2,522,197 Intel 1,892,515 42,127,383 Intersil Cl A 17,547 468,856 KLA-Tencor 15,975 697,788 LSI 473,261(b) 2,934,218 MEMC Electronic Materials 34,453(b) 2,169,505 Microchip Technology 20,809 764,731 Micron Technology 825,599(b) 6,373,624 NVIDIA 75,972(b) 1,561,225 ON Semiconductor 387,211(b) 2,892,466 PMC-Sierra 181,291(b) 1,408,631 Spansion Cl A 3,791,636(b) 12,512,399 Texas Instruments 544,766(i) 15,885,377 --------------- Total 127,815,013 - ------------------------------------------------------------------------------------- SOFTWARE (3.1%) ACI Worldwide 32,858(b) 726,162 Adobe Systems 68,327(b) 2,547,914 Autodesk 29,665(b) 1,127,270 BMC Software 24,684(b) 858,016 CA 50,129 1,109,856 Citrix Systems 23,805(b) 779,614 Compuware 35,230(b) 265,634 Electronic Arts 40,699(b) 2,094,778 Intuit 42,106(b) 1,135,599 Microsoft 3,565,351 101,683,810 Nintendo ADR 309,405(c) 21,130,783 Novell 47,943(b) 301,082 Oracle 696,851(b) 14,529,343 Quest Software 67,762(b) 902,590 Symantec 108,747(b) 1,872,623 Synchronoss Technologies 27,002(b) 563,532 --------------- Total 151,628,606 - ------------------------------------------------------------------------------------- SPECIALTY RETAIL (1.0%) Abercrombie & Fitch Cl A 39,324 2,922,166 AutoNation 17,346(b) 277,709 AutoZone 5,523(b) 666,902 Bed Bath & Beyond 34,939(b) 1,135,518 Best Buy 36,635 1,576,038 Gap 173,270 3,226,287 Home Depot 402,433 11,590,070 Limited Brands 77,357 1,432,652 Lowe's Companies 587,298(i) 14,794,036 Office Depot 66,245(b) 839,987 OfficeMax 9,752 178,169 Penske Automotive Group 48,455 1,014,163 RadioShack 16,843 234,118 Sherwin-Williams 13,095 724,415 Staples 90,061 1,954,324 Tiffany & Co 18,038 785,375 TJX Companies 192,190 6,192,362 --------------- Total 49,544,291 - ------------------------------------------------------------------------------------- TEXTILES, APPAREL & LUXURY GOODS (0.1%) Jones Apparel Group 12,431 196,783 Liz Claiborne 12,781 226,096 Nike Cl B 49,192 3,286,025 Polo Ralph Lauren 14,204 882,210 VF 22,275 1,656,815 --------------- Total 6,247,929 - ------------------------------------------------------------------------------------- THRIFTS & MORTGAGE FINANCE (1.2%) Countrywide Financial 2,334,660(f) 13,494,335 Downey Financial 24,898(f) 352,058 Fannie Mae 374,799 10,606,812 Freddie Mac 1,038,425 25,867,166 Hudson City Bancorp 66,492 1,271,987 New York Community Bancorp 200,112 3,736,091 Washington Federal 34,594 823,683 --------------- Total 56,152,132 - ------------------------------------------------------------------------------------- TOBACCO (1.9%) Altria Group 1,597,186 31,943,720 Philip Morris Intl 1,134,583(b) 57,897,770 UST 70,667 3,679,631 --------------- Total 93,521,121 - ------------------------------------------------------------------------------------- TRADING COMPANIES & DISTRIBUTORS (--%) WW Grainger 8,623 747,700 - ------------------------------------------------------------------------------------- WIRELESS TELECOMMUNICATION SERVICES (2.8%) American Tower Cl A 21,906(b) 951,159 Millicom Intl Cellular 28,950(b,c) 3,126,890 MTN Group 112,870(c) 2,158,169 Orascom Telecom Holding GDR 44,807(c) 3,351,564 Sprint Nextel 1,077,614 8,610,136 Turkcell ADR 104,265(b,c) 2,100,940 Vodafone Group 27,133,498(c) 86,476,668 Vodafone Group ADR 856,908(c) 27,129,707 --------------- Total 133,905,233 - ------------------------------------------------------------------------------------- TOTAL COMMON STOCKS (Cost: $4,638,680,547) $4,615,075,670 - -------------------------------------------------------------------------------------
OPTIONS PURCHASED (0.2%) EXERCISE EXPIRATION ISSUER CONTRACTS PRICE DATE VALUE(a) CALLS Altria Group(j) Virgin Media(j) Vodafone Group ADR(j) 240,674 $100.00 Jan. 2009 $531,889 AmeriSource Bergen(j) Bristol Myers Squibb(j) Nokia ADR(j) 224,040 100.00 Jan. 2009 714,688 Genentech 7,737 80.00 June 2008 483,563 Hong Kong Dollar 1,012,421 7.73 March 2009 493,758 Merck & Co 20,687 42.50 May 2008 155,153
See accompanying Notes to Portfolio of Investments. - -------------------------------------------------------------------------------- 4 RIVERSOURCE LARGE CAP EQUITY FUND -- PORTFOLIO OF INVESTMENTS AT APRIL 30, 2008
OPTIONS PURCHASED (CONTINUED) EXERCISE EXPIRATION ISSUER CONTRACTS PRICE DATE VALUE(a) CALLS (CONT.) Virgin Media(j) Vodafone Group ADR(j) XM Satellite Radio Cl A(j) 213,932 $100.00 Jan. 2009 $879,260 Virgin Media 10,424 17.50 June 2008 156,360 XM Satellite Radio Cl A 3,707 11.00 May 2008 240,955 XM Satellite Radio Cl A 3,299 13.00 May 2008 41,238 - ------------------------------------------------------------------------------------- PUTS China Medical Technologies ADR(c) 1,065 40.00 June 2008 505,875 Energy Select Sector SPDR 1,002 75.00 May 2008 35,571 Goldman Sachs Group 239,727 446.25 Aug. 2008 3,177,253 Russell 1000 Growth Index 2,804 577.61 June 2008 2,556,278 - ------------------------------------------------------------------------------------- TOTAL OPTIONS PURCHASED (Cost: $17,642,238) $9,971,841 - -------------------------------------------------------------------------------------
MONEY MARKET FUND (3.1%)(g) SHARES VALUE(a) RiverSource Short-Term Cash Fund, 2.72% 148,444,808(l) $148,444,808 - ------------------------------------------------------------------------------------- TOTAL MONEY MARKET FUND (Cost: $148,444,808) $148,444,808 - ------------------------------------------------------------------------------------- TOTAL INVESTMENTS IN SECURITIES (Cost: $4,804,767,593)(m) $4,773,492,319 =====================================================================================
NOTES TO PORTFOLIO OF INVESTMENTS (a) Securities are valued by using procedures described in Note 1 to the financial statements in the most recent Semiannual Report dated Jan. 31, 2008. (b) Non-income producing. (c) Foreign security values are stated in U.S. dollars. At April 30, 2008, the value of foreign securities represented 9.9% of net assets. (d) Represents a security sold under Rule 144A, which is exempt from registration under the Securities Act of 1933, as amended. This security may be determined to be liquid under guidelines established by the Fund's Board of Directors. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At April 30, 2008, the value of these securities amounted to $30,807,523 or 0.6% of net assets. (e) Shareholders of tracking stocks have a financial interest only in a unit or division of the company. Unlike the common stock of the company itself, a tracking stock usually has limited or no voting rights. In the event of a company's liquidation, tracking stock shareholders typically do not have a legal claim on the company's assets. (f) At April 30, 2008, security was partially or fully on loan. (g) Cash collateral received from security lending activity is invested in an affiliated money market fund and represents 0.8% of net assets. The Fund's cash equivalent position is 2.3% of net assets. (h) Identifies issues considered to be illiquid as to their marketability. These securities may be valued at fair value according to procedures approved, in good faith, by the Fund's Board of Directors. Information concerning such security holdings at April 30, 2008, is as follows:
ACQUISITION SECURITY DATES COST - ---------------------------------------------------------------------------- Apollo Mgmt LP* 08-02-07 thru 04-29-08 $31,475,880 Oaktree Capital Group LLC Cl A Unit* 05-21-07 thru 03-14-08 12,311,357 Virgin Media 05-24-06 thru 04-15-08 226,508,632
* Represents a security sold under Rule 144A, which is exempt from registration under the Securities Act of 1933, as amended. (i) Partially pledged as initial margin deposit on the following open stock index futures contracts:
TYPE OF SECURITY CONTRACTS - --------------------------------------------------------------------------------------- PURCHASE CONTRACTS S&P 500 Index, June 2008 222
(j) Represents a worst-of-call-option that is a bundle of long forwards. All mature on the option's expiration date but have different underliers. At expiration, only one settles and this is chosen in the issuer's favor. (k) At April 30, 2008, securities valued at $58,064,952 were held to cover open call options written as follows:
EXERCISE EXPIRATION ISSUER CONTRACTS PRICE DATE VALUE(a) - -------------------------------------------------------------------------------- Merck & Co 12,693 $47.50 May 2008 $31,733 Virgin Media 7,852 22.50 June 2008 37,910 - -------------------------------------------------------------------------------- Total value $69,643 - --------------------------------------------------------------------------------
(l) Affiliated Money Market Fund -- The Fund may invest its daily cash balance in RiverSource Short-Term Cash Fund, a money market fund established for the exclusive use of the RiverSource funds and other institutional clients of RiverSource Investments. The rate shown is the seven-day current annualized yield at April 30, 2008. (m) At April 30, 2008, the cost of securities for federal income tax purposes was approximately $4,804,768,000 and the approximate aggregate gross unrealized appreciation and depreciation based on that cost was: Unrealized appreciation $430,789,000 Unrealized depreciation (462,065,000) - ---------------------------------------------------------------------------------------- Net unrealized depreciation $(31,276,000) - ----------------------------------------------------------------------------------------
The Global Industry Classification Standard (GICS) was developed by and is the exclusive property of Morgan Stanley Capital International Inc. and Standard & Poor's, a division of The McGraw-Hill Companies, Inc. - -------------------------------------------------------------------------------- 5 RIVERSOURCE LARGE CAP EQUITY FUND -- PORTFOLIO OF INVESTMENTS AT APRIL 30, 2008 HOW TO FIND INFORMATION ABOUT THE FUND'S PORTFOLIO HOLDINGS (i) The Fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (Commission) for the first and third quarters of each fiscal year on Form N-Q; (ii) The Fund's Forms N-Q are available on the Commission's website at http://www.sec.gov; (iii)The Fund's Forms N-Q may be reviewed and copied at the Commission's Public Reference Room in Washington, DC (information on the operations of the Public Reference Room may be obtained by calling 1-800-SEC-0330); and (iv) The Fund's complete schedule of portfolio holdings, as disclosed in its annual and semiannual shareholder reports and in its filings on Form N-Q, can be found at riversource.com/funds. - -------------------------------------------------------------------------------- 6 RIVERSOURCE LARGE CAP EQUITY FUND -- PORTFOLIO OF INVESTMENTS AT APRIL 30, 2008 PORTFOLIO OF INVESTMENTS FOR RIVERSOURCE LARGE CAP VALUE FUND AT APRIL 30, 2008 APRIL 30, 2008 (UNAUDITED) (Percentages represent value of investments compared to net assets) INVESTMENTS IN SECURITIES
COMMON STOCKS (98.9%) ISSUER SHARES VALUE(a) AEROSPACE & DEFENSE (4.9%) Boeing 6,783 $575,605 DRS Technologies 1,120 69,933 General Dynamics 2,192 198,201 Goodrich 6,825 465,124 Honeywell Intl 10,712 636,293 L-3 Communications Holdings 2,582 287,764 Lockheed Martin 5,058 536,350 Northrop Grumman 842 61,946 Spirit Aerosystems Holdings Cl A 2,508(b) 73,158 United Technologies 4,723 342,276 --------------- Total 3,246,650 - ------------------------------------------------------------------------------------- AIRLINES (0.1%) Northwest Airlines 7,017(b) 67,784 UAL 1,119 16,673 --------------- Total 84,457 - ------------------------------------------------------------------------------------- AUTOMOBILES (0.2%) Fiat 3,023(c) 67,922 Ford Motor 10,871(b) 89,795 --------------- Total 157,717 - ------------------------------------------------------------------------------------- BEVERAGES (1.2%) Coca-Cola 7,106 418,330 Molson Coors Brewing Cl B 4,251 233,125 PepsiCo 2,324 159,264 --------------- Total 810,719 - ------------------------------------------------------------------------------------- BIOTECHNOLOGY (0.3%) Amgen 3,603(b) 150,858 Genzyme 463(b) 32,572 --------------- Total 183,430 - ------------------------------------------------------------------------------------- BUILDING PRODUCTS (0.2%) Masco 8,570 156,060 - ------------------------------------------------------------------------------------- CAPITAL MARKETS (4.3%) Apollo Mgmt LP 11,000(d,e) 167,750 Bank of New York Mellon 7,561 329,130 Blackstone Group LP 5,760 107,539 Goldman Sachs Group 1,805 345,423 KKR Private Equity Investors LP Unit 5,934 88,417 Lehman Brothers Holdings 6,993 309,370 Merrill Lynch & Co 13,015 648,538 Morgan Stanley 12,009 583,637 Oaktree Capital Group LLC Cl A Unit 4,000(d,e) 112,000 Och-Ziff Capital Management Group LLC Cl A 344 6,677 State Street 1,585 114,342 --------------- Total 2,812,823 - ------------------------------------------------------------------------------------- CHEMICALS (1.6%) Ashland 1,255 66,540 Dow Chemical 14,049 564,068 Eastman Chemical 1,578 115,983 EI du Pont de Nemours & Co 6,573 321,485 --------------- Total 1,068,076 - ------------------------------------------------------------------------------------- COMMERCIAL BANKS (2.0%) PNC Financial Services Group 4,113 285,237 US Bancorp 6,187 209,677 Wachovia 15,869 462,581 Wells Fargo & Co 12,064 358,904 --------------- Total 1,316,399 - ------------------------------------------------------------------------------------- COMMUNICATIONS EQUIPMENT (2.3%) Cisco Systems 15,968(b) 409,420 Motorola 23,794 236,988 Nokia ADR 13,031(c) 391,842 QUALCOMM 8,773 378,906 Telefonaktiebolaget LM Ericsson ADR 5,361(c) 135,204 --------------- Total 1,552,360 - ------------------------------------------------------------------------------------- COMPUTERS & PERIPHERALS (2.1%) Apple 275(b) 47,836 Dell 3,552(b) 66,174 Hewlett-Packard 12,426 575,945 IBM 4,916 593,361 SanDisk 3,863(b) 104,649 --------------- Total 1,387,965 - ------------------------------------------------------------------------------------- CONSTRUCTION & ENGINEERING (0.5%) Fluor 1,138 173,966 KBR 4,807 138,634 --------------- Total 312,600 - ------------------------------------------------------------------------------------- CONSUMER FINANCE (1.4%) American Express 8,356 401,255 Capital One Financial 9,355 495,815 --------------- Total 897,070 - ------------------------------------------------------------------------------------- CONTAINERS & PACKAGING (--%) Temple-Inland 1,444 16,851 - ------------------------------------------------------------------------------------- DIVERSIFIED FINANCIAL SERVICES (7.6%) Bank of America 61,224 2,298,348 Citigroup 49,938 1,261,933 JPMorgan Chase & Co 30,311 1,444,319 --------------- Total 5,004,600 - ------------------------------------------------------------------------------------- DIVERSIFIED TELECOMMUNICATION SERVICES (6.2%) AT&T 55,113 2,133,425 Citizens Communications 7,484 80,228 Deutsche Telekom 9,327(c) 168,059 Global Crossing 3,443(b,c) 57,567 Verizon Communications 40,612 1,562,750 Windstream 7,284 85,514 --------------- Total 4,087,543 - ------------------------------------------------------------------------------------- ELECTRIC UTILITIES (3.0%) Entergy 4,554 523,072 Exelon 6,361 543,738 FPL Group 2,069 137,154 Pinnacle West Capital 1,741 59,090 PPL 2,812 135,032 Southern 15,311 570,029 --------------- Total 1,968,115 - ------------------------------------------------------------------------------------- ELECTRICAL EQUIPMENT (0.5%) Emerson Electric 6,279 328,141 - ------------------------------------------------------------------------------------- ELECTRONIC EQUIPMENT & INSTRUMENTS (0.3%) Amphenol Cl A 1,769 81,692 Tyco Electronics 3,299 123,416 --------------- Total 205,108 - -------------------------------------------------------------------------------------
See accompanying Notes to Portfolio of Investments. - -------------------------------------------------------------------------------- 1 RIVERSOURCE LARGE CAP VALUE FUND -- PORTFOLIO OF INVESTMENTS AT APRIL 30, 2008
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(a) ENERGY EQUIPMENT & SERVICES (1.7%) Baker Hughes 942 $76,189 ENSCO Intl 1,053 67,108 Halliburton 4,856 222,939 Natl Oilwell Varco 2,755(b) 188,580 Pride Intl 3,216(b) 136,519 Transocean 1,714(b) 252,746 Weatherford Intl 2,079(b) 167,713 --------------- Total 1,111,794 - ------------------------------------------------------------------------------------- FOOD & STAPLES RETAILING (1.2%) CVS Caremark 4,033 162,812 Safeway 3,427 108,293 Walgreen 2,106 73,394 Wal-Mart Stores 8,167 473,523 --------------- Total 818,022 - ------------------------------------------------------------------------------------- FOOD PRODUCTS (0.9%) General Mills 2,250 135,900 Kellogg 3,826 195,776 Kraft Foods Cl A 9,229 291,914 --------------- Total 623,590 - ------------------------------------------------------------------------------------- GAS UTILITIES (0.3%) ONEOK 4,003 192,624 - ------------------------------------------------------------------------------------- HEALTH CARE EQUIPMENT & SUPPLIES (0.6%) Boston Scientific 28,265(b) 376,772 - ------------------------------------------------------------------------------------- HEALTH CARE PROVIDERS & SERVICES (1.1%) Aetna 5,602 244,248 Cardinal Health 3,017 157,095 CIGNA 3,816 162,981 McKesson 1,776 92,565 UnitedHealth Group 3,051 99,554 --------------- Total 756,443 - ------------------------------------------------------------------------------------- HOTELS, RESTAURANTS & LEISURE (0.9%) Darden Restaurants 2,058 73,224 Intl Game Technology 3,463 120,305 Marriott Intl Cl A 4,024 138,023 McDonald's 3,095 184,400 Pinnacle Entertainment 3,652(b) 56,679 --------------- Total 572,631 - ------------------------------------------------------------------------------------- HOUSEHOLD DURABLES (1.7%) Centex 10,420 216,944 DR Horton 17,704 274,235 Harman Intl Inds 2,549 104,178 Hovnanian Enterprises Cl A 13,005(b) 153,719 KB Home 10,762 242,145 Lennar Cl A 5,065 93,297 Standard-Pacific 11,275 57,052 --------------- Total 1,141,570 - ------------------------------------------------------------------------------------- HOUSEHOLD PRODUCTS (1.2%) Colgate-Palmolive 4,595 324,867 Procter & Gamble 6,710 449,905 --------------- Total 774,772 - ------------------------------------------------------------------------------------- INDUSTRIAL CONGLOMERATES (2.6%) 3M 1,517 116,657 General Electric 42,465 1,388,606 Tyco Intl 4,381(c) 204,987 --------------- Total 1,710,250 - ------------------------------------------------------------------------------------- INSURANCE (7.0%) ACE 12,128(c) 731,197 AFLAC 8,042 536,160 American Intl Group 27,011 1,247,908 Arch Capital Group 1,511(b,c) 106,752 Assured Guaranty 2,891(c) 73,113 Chubb 4,957 262,572 Endurance Specialty Holdings 2,529(c) 93,902 Hartford Financial Services Group 8,164 581,848 MetLife 4,058 246,929 Prudential Financial 8,224 622,639 Validus Holdings 1,414(c) 32,169 XL Capital Cl A 1,916(c) 66,849 --------------- Total 4,602,038 - ------------------------------------------------------------------------------------- IT SERVICES (0.8%) Affiliated Computer Services Cl A 3,264(b) 172,894 Automatic Data Processing 4,307 190,370 Electronic Data Systems 4,488 83,297 HCL Technologies 5,637(c) 40,118 MasterCard Cl A 242 67,315 --------------- Total 553,994 - ------------------------------------------------------------------------------------- MACHINERY (2.3%) Caterpillar 3,147 257,676 Deere & Co 5,673 476,930 Flowserve 2,646 328,342 Ingersoll-Rand Cl A 1,547(c) 68,656 Parker Hannifin 4,812 384,238 --------------- Total 1,515,842 - ------------------------------------------------------------------------------------- MEDIA (5.0%) Comcast Cl A 11,925 245,059 Comcast Special Cl A 7,731 156,475 DISH Network Cl A 1,937(b) 57,800 News Corp Cl A 34,103 610,444 Sirius Satellite Radio 21,414(b) 55,034 Time Warner 42,843 636,218 Viacom Cl B 6,326(b) 243,171 Virgin Media 35,223(e) 454,377 Vivendi 9,719(b,c) 395,619 Walt Disney 13,268 430,281 --------------- Total 3,284,478 - ------------------------------------------------------------------------------------- METALS & MINING (0.4%) Alcoa 7,588 263,911 - ------------------------------------------------------------------------------------- MULTILINE RETAIL (1.0%) JC Penney 8,746 371,706 Kohl's 2,384(b) 116,458 Target 3,295 175,063 --------------- Total 663,227 - ------------------------------------------------------------------------------------- MULTI-UTILITIES (0.8%) Dominion Resources 6,947 301,430 Xcel Energy 10,607 220,626 --------------- Total 522,056 - ------------------------------------------------------------------------------------- OIL, GAS & CONSUMABLE FUELS (14.5%) Anadarko Petroleum 1,590 105,830 BP ADR 6,114(c) 445,038 Chesapeake Energy 2,408 124,494 Chevron 23,261 2,236,545 ConocoPhillips 16,706 1,439,222 Devon Energy 3,932 445,889 Exxon Mobil 39,017 3,631,312 Marathon Oil 3,585 163,368 Royal Dutch Shell ADR 2,056(c) 165,117 Total 7,870(c) 662,826 Valero Energy 1,950 95,258 XTO Energy 1,727 106,832 --------------- Total 9,621,731 - ------------------------------------------------------------------------------------- PAPER & FOREST PRODUCTS (0.6%) Intl Paper 7,609 199,128 Weyerhaeuser 3,016 192,662 --------------- Total 391,790 - ------------------------------------------------------------------------------------- PERSONAL PRODUCTS (0.4%) Avon Products 5,217 203,568 Herbalife 1,512(c) 66,195 --------------- Total 269,763 - ------------------------------------------------------------------------------------- PHARMACEUTICALS (5.4%) Bristol-Myers Squibb 28,496 626,057 Eli Lilly & Co 1,512 72,788 Johnson & Johnson 5,480 367,653 Merck & Co 13,865 527,425 Pfizer 76,690 1,542,235 Schering-Plough 3,599 66,258 Wyeth 8,204 364,832 --------------- Total 3,567,248 - ------------------------------------------------------------------------------------- REAL ESTATE INVESTMENT TRUSTS (REITS) (0.3%) Annaly Capital Management 3,539 59,314 Apartment Investment & Management Cl A 3,329 123,106 --------------- Total 182,420 - ------------------------------------------------------------------------------------- ROAD & RAIL (--%) Hertz Global Holdings 1,103(b) 14,185 - ------------------------------------------------------------------------------------- SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT (2.2%) Analog Devices 2,246 72,344 Atmel 28,350(b) 105,462 Cypress Semiconductor 4,779(b) 134,385 Infineon Technologies 6,849(b,c) 64,271 Infineon Technologies ADR 8,422(b,c) 77,819 Intel 19,678 438,032 LSI 16,993(b) 105,357 Micron Technology 24,931(b) 192,467 ON Semiconductor 6,233(b) 46,561 Spansion Cl A 29,290(b) 96,657 Texas Instruments 3,580 104,393 --------------- Total 1,437,748 - ------------------------------------------------------------------------------------- SOFTWARE (1.1%) ACI Worldwide 1,349(b) 29,813 Microsoft 18,008 513,587 Oracle 7,789(b) 162,401 Quest Software 2,768(b) 36,870 --------------- Total 742,671 - -------------------------------------------------------------------------------------
See accompanying Notes to Portfolio of Investments. - -------------------------------------------------------------------------------- 2 RIVERSOURCE LARGE CAP VALUE FUND -- PORTFOLIO OF INVESTMENTS AT APRIL 30, 2008
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(a) SPECIALTY RETAIL (1.4%) Gap 4,620 $86,024 Home Depot 6,082 175,162 Limited Brands 3,203 59,320 Lowe's Companies 14,854 374,172 Penske Automotive Group 1,980 41,441 TJX Companies 5,157 166,159 --------------- Total 902,278 - ------------------------------------------------------------------------------------- THRIFTS & MORTGAGE FINANCE (2.2%) Countrywide Financial 62,497 361,233 Fannie Mae 12,268 347,184 Freddie Mac 25,909 645,393 New York Community Bancorp 3,980 74,307 --------------- Total 1,428,117 - ------------------------------------------------------------------------------------- TOBACCO (1.8%) Altria Group 17,268 345,360 Philip Morris Intl 15,400(b) 785,862 UST 1,366 71,128 --------------- Total 1,202,350 - ------------------------------------------------------------------------------------- WIRELESS TELECOMMUNICATION SERVICES (0.8%) Sprint Nextel 25,956 207,388 Vodafone Group ADR 10,485(c) 331,956 --------------- Total 539,344 - ------------------------------------------------------------------------------------- TOTAL COMMON STOCKS (Cost: $64,451,790) $65,380,343 - ------------------------------------------------------------------------------------- MONEY MARKET FUND (0.8%) SHARES VALUE(a) RiverSource Short-Term Cash Fund, 2.72% 537,817(f) $537,817 - ------------------------------------------------------------------------------------- TOTAL MONEY MARKET FUND (Cost: $537,817) $537,817 - ------------------------------------------------------------------------------------- TOTAL INVESTMENTS IN SECURITIES (Cost: $64,989,607)(g) $65,918,160 =====================================================================================
NOTES TO PORTFOLIO OF INVESTMENTS (a) Securities are valued by using procedures described in Note 1 to the financial statements in the most recent Semiannual Report dated Jan. 31, 2008. (b) Non-income producing. (c) Foreign security values are stated in U.S. dollars. At April 30, 2008, the value of foreign securities represented 6.7% of net assets. (d) Represents a security sold under Rule 144A, which is exempt from registration under the Securities Act of 1933, as amended. This security may be determined to be liquid under guidelines established by the Fund's Board of Directors. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At April 30, 2008, the value of these securities amounted to $279,750 or 0.4% of net assets. (e) Identifies issues considered to be illiquid as to their marketability. These securities may be valued at fair value according to procedures approved, in good faith, by the Fund's Board of Directors. Information concerning such security holdings at April 30, 2008, is as follows:
ACQUISITION SECURITY DATES COST - ------------------------------------------------------------------------- Apollo Mgmt LP* 08-02-07 thru 01-16-08 $245,450 Oaktree Capital Group LLC Cl A Unit* 05-21-07 thru 07-19-07 165,780 Virgin Media 11-30-05 thru 04-10-08 740,788
* Represents a security sold under Rule 144A, which is exempt from registration under the Securities Act of 1933, as amended. (f) Affiliated Money Market Fund -- The Fund may invest its daily cash balance in RiverSource Short-Term Cash Fund, a money market fund established for the exclusive use of the RiverSource funds and other institutional clients of RiverSource Investments. The rate shown is the seven-day current annualized yield at April 30, 2008. (g) At April 30, 2008, the cost of securities for federal income tax purposes was approximately $64,990,000 and the approximate aggregate gross unrealized appreciation and depreciation based on that cost was: Unrealized appreciation $9,235,000 Unrealized depreciation (8,307,000) - --------------------------------------------------------------------------------------- Net unrealized appreciation $928,000 - ---------------------------------------------------------------------------------------
The Global Industry Classification Standard (GICS) was developed by and is the exclusive property of Morgan Stanley Capital International Inc. and Standard & Poor's, a division of The McGraw-Hill Companies, Inc. HOW TO FIND INFORMATION ABOUT THE FUND'S PORTFOLIO HOLDINGS (i) The Fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (Commission) for the first and third quarters of each fiscal year on Form N-Q; (ii) The Fund's Forms N-Q are available on the Commission's website at http://www.sec.gov; (iii)The Fund's Forms N-Q may be reviewed and copied at the Commission's Public Reference Room in Washington, DC (information on the operations of the Public Reference Room may be obtained by calling 1-800-SEC-0330); and (iv) The Fund's complete schedule of portfolio holdings, as disclosed in its annual and semiannual shareholder reports and in its filings on Form N-Q, can be found at riversource.com/funds. - -------------------------------------------------------------------------------- 3 RIVERSOURCE LARGE CAP VALUE FUND -- PORTFOLIO OF INVESTMENTS AT APRIL 30, 2008 Item 2. Control and Procedures. (a) Based upon their evaluation of the registrant's disclosure controls and procedures as conducted within 90 days of the filing date of this report, the registrant's principal financial officer and principal executive officer have concluded that those disclosure controls and procedures provide reasonable assurance that the material information required to be disclosed by the registrant on this report is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms. (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. Separate certification for the Registrant's principal executive officer and principal financial officer as required by Rule 30a-2(a) under the Investment Company Act of 1940. 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) RiverSource Large Cap Series, Inc. By /s/ Patrick T. Bannigan ---------------------------------- Patrick T. Bannigan President and Principal Executive Officer Date June 27, 2008 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/ Patrick T. Bannigan ---------------------------------- Patrick T. Bannigan President and Principal Executive Officer Date June 27, 2008 By /s/ Jeffrey P. Fox ---------------------------------- Jeffrey P. Fox Treasurer and Principal Financial Officer Date June 27, 2008 EX-99.CERT 2 c26996exv99wcert.txt CERTIFICATIONS Certification Pursuant to 270.30a-2 of the Investment Company Act of 1940 I, Patrick T. Bannigan, certify that: 1. I have reviewed this report on Form N-Q of RiverSource Large Cap Series, Inc.; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the schedule of investments included in this report, fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; 4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principals; c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures as of a date within 90 days prior to the filing date of this report based on such evaluation and d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officer and I have disclosed, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. Date: June 23, 2008 /s/ Patrick T. Bannigan - ------------------------------------- Name: Patrick T. Bannigan Title: President and Principal Executive Officer Certification Pursuant to 270.30a-2 of the Investment Company Act of 1940 I, Jeffrey P. Fox, certify that: 1. I have reviewed this report on Form N-Q of RiverSource Large Cap Series, Inc.; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the schedule of investments included in this report, fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; 4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principals; c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures as of a date within 90 days prior to the filing date of this report based on such evaluation and d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officer and I have disclosed, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. Date: June 23, 2008 /s/ Jeffrey P. Fox - ------------------------------------- Name: Jeffrey P. Fox Title: Treasurer and Principal Financial Officer -----END PRIVACY-ENHANCED MESSAGE-----