-----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, Cj73ef1hu4b7HEB+cmlNGTWuKV7WOaTvCptidoIOfqm/M6PFMSM+FXP2ixhd1udG u94rGo6gMrmoTDzlZaKl0g== 0000950123-10-061431.txt : 20100628 0000950123-10-061431.hdr.sgml : 20100628 20100628083035 ACCESSION NUMBER: 0000950123-10-061431 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20100430 FILED AS OF DATE: 20100628 DATE AS OF CHANGE: 20100628 EFFECTIVENESS DATE: 20100628 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RIVERSOURCE DIMENSIONS SERIES INC CENTRAL INDEX KEY: 0000049717 IRS NUMBER: 410940846 STATE OF INCORPORATION: MN FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-01629 FILM NUMBER: 10918847 BUSINESS ADDRESS: STREET 1: 50606 AMERIPRISE FINANCIAL CENTER STREET 2: H27/5228 CITY: MINNEAPOLIS STATE: MN ZIP: 55474 BUSINESS PHONE: 612-671-4321 MAIL ADDRESS: STREET 1: 50606 AMERIPRISE FINANCIAL CENTER STREET 2: H27/5228 CITY: MINNEAPOLIS STATE: MN ZIP: 55474 FORMER COMPANY: FORMER CONFORMED NAME: RIVERSOURCE DIMENSIONS SERIES, INC. DATE OF NAME CHANGE: 20060504 FORMER COMPANY: FORMER CONFORMED NAME: AXP DIMENSIONS SERIES INC DATE OF NAME CHANGE: 20021118 FORMER COMPANY: FORMER CONFORMED NAME: AXP NEW DIMENSIONS FUND INC /MN/ DATE OF NAME CHANGE: 20000417 0000049717 S000003459 RiverSource Disciplined Small Cap Value Fund C000009585 RiverSource Disciplined Small Cap Value Fund Class A RDVAX C000009586 RiverSource Disciplined Small Cap Value Fund Class B C000009587 RiverSource Disciplined Small Cap Value Fund Class C RDVCX C000009588 RiverSource Disciplined Small Cap Value Fund Class I RCVIX C000042778 RiverSource Disciplined Small Cap Value Fund Class R2 C000042779 RiverSource Disciplined Small Cap Value Fund Class R3 C000042780 RiverSource Disciplined Small Cap Value Fund Class R4 RSDVX C000042781 RiverSource Disciplined Small Cap Value Fund Class R5 0000049717 S000011670 RiverSource Disciplined Small and Mid Cap Equity Fund C000032029 RiverSource Disciplined Small and Mid Cap Equity Fund Class A RDSAX C000032030 RiverSource Disciplined Small and Mid Cap Equity Fund Class B C000032031 RiverSource Disciplined Small and Mid Cap Equity Fund Class C RDSCX C000032032 RiverSource Disciplined Small and Mid Cap Equity Fund Class I RDSIX C000042782 RiverSource Disciplined Small and Mid Cap Equity Fund Class R4 C000042783 RiverSource Disciplined Small and Mid Cap Equity Fund Class W RSEWX N-Q 1 c58500nvq.htm FORM N-Q nvq
 
 
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 811-1629
RIVERSOURCE DIMENSIONS 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
RiverSource Disciplined Small and Mid Cap Equity Fund
April 30, 2010 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in Securities
Common Stocks (98.2%)
                 
Issuer   Shares     Value(a)  
Aerospace & Defense (0.8%)
               
BE Aerospace, Inc.
    7,945  (b)   $ 236,046  
Ceradyne, Inc.
    12,801  (b)     284,182  
Esterline Technologies Corp.
    2,894  (b)     161,427  
Spirit Aerosystems Holdings, Inc., Class A
    10,979  (b)     243,514  
Triumph Group, Inc.
    4,422  (d)     342,971  
 
             
Total
            1,268,140  
 
             
 
               
Air Freight & Logistics (0.5%)
               
Air Transport Services Group, Inc.
    35,833  (b)     197,082  
Atlas Air Worldwide Holdings, Inc.
    10,010  (b)     553,252  
 
             
Total
            750,334  
 
             
 
               
Airlines (1.5%)
               
AirTran Holdings, Inc.
    39,823  (b,d)     210,265  
Alaska Air Group, Inc.
    12,304  (b,d)     509,510  
Allegiant Travel Co.
    4,661  (b,d)     239,715  
Continental Airlines, Inc., Class B
    18,048  (b)     403,373  
Delta Air Lines, Inc.
    29,466  (b)     355,949  
Hawaiian Holdings, Inc.
    36,341  (b,d)     258,021  
Skywest, Inc.
    32,278  (d)     483,524  
 
             
Total
            2,460,357  
 
             
 
               
Auto Components (1.8%)
               
ArvinMeritor, Inc.
    18,188  (b)     278,640  
Autoliv, Inc.
    13,331  (b,c,d)     729,873  
Cooper Tire & Rubber Co.
    16,254  (d)     344,910  
Dana Holding Corp.
    24,079  (b)     321,695  
Exide Technologies
    23,722  (b)     140,909  
Spartan Motors, Inc.
    29,436  (d)     181,620  
Tenneco, Inc.
    13,857  (b,d)     357,095  
The Goodyear Tire & Rubber Co.
    11,138  (b)     149,583  
TRW Automotive Holdings Corp.
    10,859  (b)     349,768  
 
             
Total
            2,854,093  
 
             
 
               
Biotechnology (0.6%)
               
Cephalon, Inc.
    3,516  (b,d)     225,727  
Cubist Pharmaceuticals, Inc.
    10,413  (b,d)     233,459  
PDL BioPharma, Inc.
    54,074  (d)     314,711  
Pharmasset, Inc.
    5,180  (b,d)     167,832  
 
             
Total
            941,729  
 
             
 
               
Building Products (0.3%)
               
Apogee Enterprises, Inc.
    19,482  (d)     267,683  
Quanex Building Products Corp.
    11,796       224,124  
 
             
Total
            491,807  
 
             

 


 

                 
Issuer   Shares     Value(a)  
Capital Markets (2.0%)
               
Apollo Investment Corp.
    59,380  (d)     722,062  
BGC Partners, Inc., Class A
    42,381       276,324  
GFI Group, Inc.
    22,904       158,038  
Jefferies Group, Inc.
    18,103  (d)     492,764  
Knight Capital Group, Inc., Class A
    23,808  (b)     370,214  
MF Global Holdings Ltd.
    23,932  (b,d)     220,653  
MVC Capital, Inc.
    7,749       109,493  
optionsXpress Holdings, Inc.
    7,299  (b,d)     129,557  
Raymond James Financial, Inc.
    20,880  (d)     639,763  
SWS Group, Inc.
    13,292  (d)     147,142  
 
             
Total
            3,266,010  
 
             
 
               
Chemicals (4.3%)
               
Ashland, Inc.
    11,548       687,799  
Cabot Corp.
    5,038       163,937  
CF Industries Holdings, Inc.
    9,263       775,068  
Cytec Industries, Inc.
    8,176       392,939  
Eastman Chemical Co.
    3,128       209,326  
Huntsman Corp.
    39,932       455,624  
Innophos Holdings, Inc.
    11,922       339,658  
Lubrizol Corp.
    3,245       293,153  
NewMarket Corp.
    3,761  (d)     413,710  
Olin Corp.
    30,073  (d)     631,533  
OM Group, Inc.
    10,630  (b,d)     401,283  
PolyOne Corp.
    24,288  (b,d)     274,697  
Solutia, Inc.
    15,392  (b,d)     270,899  
Stepan Co.
    5,549  (d)     420,337  
WR Grace & Co.
    43,038  (b)     1,243,367  
 
             
Total
            6,973,330  
 
             
 
               
Commercial Banks (1.1%)
               
Bancfirst Corp.
    4,720  (d)     208,341  
SVB Financial Group
    15,929  (b,d)     784,184  
TowneBank
    14,586       233,814  
Trico Bancshares
    10,072  (d)     191,771  
Wintrust Financial Corp.
    4,934       184,038  
Zions Bancorporation
    9,533  (d)     273,883  
 
             
Total
            1,876,031  
 
             
 
               
Commercial Services & Supplies (1.5%)
               
Consolidated Graphics, Inc.
    3,020  (b)     126,568  
Corrections Corp of America
    9,446  (b)     195,721  
Herman Miller, Inc.
    10,765  (d)     228,433  
Kimball International, Inc., Class B
    24,290  (d)     195,292  
RR Donnelley & Sons Co.
    27,390       588,610  
Steelcase, Inc., Class A
    29,467  (d)     241,924  
The Brink’s Co.
    16,320       434,602  
United Stationers, Inc.
    5,008  (b)     306,590  
Viad Corp.
    8,534  (d)     199,696  
 
             
Total
            2,517,436  
 
             
 
               
Communications Equipment (1.0%)
               
Blue Coat Systems, Inc.
    8,233  (b,d)     267,819  
JDS Uniphase Corp.
    13,742  (b)     178,509  
Netgear, Inc.
    9,591  (b)     259,532  
Plantronics, Inc.
    13,793       457,928  
Tellabs, Inc.
    47,291       429,402  
 
             
Total
            1,593,190  
 
             

 


 

                 
Issuer   Shares     Value(a)  
Computers & Peripherals (1.8%)
               
Lexmark International, Inc., Class A
    15,751  (b)     583,575  
NCR Corp.
    26,010  (b)     342,292  
Seagate Technology
    48,026  (b,c)     882,237  
Western Digital Corp.
    28,530  (b)     1,172,297  
 
             
Total
            2,980,401  
 
             
 
               
Construction & Engineering (2.8%)
               
Comfort Systems USA, Inc.
    24,370  (d)     343,130  
EMCOR Group, Inc.
    33,476  (b)     956,074  
Fluor Corp.
    24,434       1,291,092  
Granite Construction, Inc.
    10,147  (d)     341,041  
KBR, Inc.
    30,645       676,641  
Layne Christensen Co.
    8,275  (b)     226,570  
The Shaw Group, Inc.
    8,035  (b)     307,580  
Tutor Perini Corp.
    15,945  (b,d)     386,985  
 
             
Total
            4,529,113  
 
             
 
               
Consumer Finance (0.7%)
               
Advance America Cash Advance Centers, Inc.
    28,231  (d)     161,481  
Cash America International, Inc.
    8,828  (d)     327,166  
Discover Financial Services
    31,881       492,880  
Ezcorp, Inc., Class A
    9,190  (b,d)     190,325  
 
             
Total
            1,171,852  
 
             
 
               
Containers & Packaging (0.3%)
               
Rock-Tenn Co., Class A
    5,642  (d)     291,127  
Temple-Inland, Inc.
    7,446       173,641  
 
             
Total
            464,768  
 
             
 
               
Distributors (0.1%)
               
Core-Mark Holding Co., Inc.
    5,920  (b,d)     180,678  
 
               
Diversified Consumer Services (0.7%)
               
Corinthian Colleges, Inc.
    14,138  (b,d)     220,836  
Pre-Paid Legal Services, Inc.
    4,519  (b,d)     200,960  
Regis Corp.
    17,357  (d)     331,865  
Sotheby’s
    9,217  (d)     307,848  
 
             
Total
            1,061,509  
 
             
 
               
Diversified Telecommunication Services (1.0%)
               
CenturyTel, Inc.
    29,423       1,003,618  
Qwest Communications International, Inc.
    128,046       669,681  
 
             
Total
            1,673,299  
 
             
 
               
Electric Utilities (0.7%)
               
Edison International
    33,227       1,142,012  
 
               
Electrical Equipment (0.7%)
               
EnerSys
    12,131  (b)     313,950  
General Cable Corp.
    8,078  (b,d)     230,788  
GrafTech International Ltd.
    32,855  (b)     553,936  
 
             
Total
            1,098,674  
 
             
 
               
Electronic Equipment, Instruments & Components (2.9%)
               
Agilent Technologies, Inc.
    7,908  (b)     286,744  
Anixter International, Inc.
    13,027  (b,d)     682,614  
Arrow Electronics, Inc.
    11,100  (b)     338,550  

 


 

                 
Issuer   Shares     Value(a)  
Avnet, Inc.
    9,011  (b)     288,082  
Benchmark Electronics, Inc.
    14,414  (b)     311,919  
Ingram Micro, Inc., Class A
    27,466  (b)     498,783  
Insight Enterprises, Inc.
    18,381  (b,d)     276,266  
Jabil Circuit, Inc.
    19,847       304,056  
Littelfuse, Inc.
    8,894  (b,d)     375,594  
Methode Electronics, Inc.
    19,678  (d)     218,426  
Plexus Corp.
    7,141  (b,d)     264,574  
SYNNEX Corp.
    9,983  (b,d)     273,734  
Tech Data Corp.
    12,384  (b)     531,273  
 
             
Total
            4,650,615  
 
             
 
               
Energy Equipment & Services (5.6%)
               
Atwood Oceanics, Inc.
    11,487  (b)     418,242  
Baker Hughes, Inc.
    6,121       304,559  
Bristow Group, Inc.
    5,556  (b,d)     215,073  
Cal Dive International, Inc.
    21,323  (b)     139,879  
CARBO Ceramics, Inc.
    5,510  (d)     403,608  
Complete Production Services, Inc.
    17,022  (b)     256,862  
Diamond Offshore Drilling, Inc.
    8,652  (d)     684,373  
Dril-Quip, Inc.
    6,792  (b,d)     393,461  
Gulfmark Offshore, Inc., Class A
    10,747  (b,d)     370,449  
Helmerich & Payne, Inc.
    12,433  (d)     505,028  
Key Energy Services, Inc.
    40,497  (b,d)     440,000  
Lufkin Industries, Inc.
    8,749       744,801  
Matrix Service Co.
    18,024  (b)     191,595  
Oil States International, Inc.
    7,538  (b)     364,161  
Parker Drilling Co.
    54,091  (b,d)     299,123  
Patterson-UTI Energy, Inc.
    13,971  (d)     213,617  
Pride International, Inc.
    23,979  (b)     727,282  
Rowan Companies, Inc.
    20,868  (b)     621,866  
SEACOR Holdings, Inc.
    2,858  (b)     240,558  
Superior Energy Services, Inc.
    12,247  (b,d)     331,404  
Tetra Technologies, Inc.
    23,066  (b)     283,481  
Tidewater, Inc.
    10,106       541,783  
Unit Corp.
    4,876  (b)     232,927  
Willbros Group, Inc.
    20,524  (b)     257,576  
 
             
Total
            9,181,708  
 
             
 
               
Food & Staples Retailing (2.6%)
               
BJ’s Wholesale Club, Inc.
    15,623  (b,d)     598,048  
Ingles Markets, Inc., Class A
    10,711       171,697  
Nash Finch Co.
    5,099  (d)     178,567  
Ruddick Corp.
    12,569  (d)     444,188  
Safeway, Inc.
    41,739  (d)     985,041  
Spartan Stores, Inc.
    12,197  (d)     184,053  
SUPERVALU, Inc.
    32,758       488,094  
The Andersons, Inc.
    3,961       143,151  
The Pantry, Inc.
    14,970  (b)     236,825  
Whole Foods Market, Inc.
    10,191  (b,d)     397,653  
Winn-Dixie Stores, Inc.
    28,298  (b,d)     356,838  
 
             
Total
            4,184,155  
 
             
 
               
Food Products (1.2%)
               
American Italian Pasta Co., Class A
    5,696  (b,d)     223,454  
Cal-Maine Foods, Inc.
    8,223  (d)     274,484  
Chiquita Brands International, Inc.
    15,968  (b,d)     240,159  
Darling International, Inc.
    20,958  (b,d)     198,891  
Dean Foods Co.
    40,025  (b)     628,392  
Fresh Del Monte Produce, Inc.
    19,703  (b,c,d)     411,202  
 
             
Total
            1,976,582  
 
             

 


 

                 
Issuer   Shares     Value(a)  
Gas Utilities (0.4%)
               
Oneok, Inc.
    2,747       134,988  
Questar Corp.
    6,310       302,564  
The Laclede Group, Inc.
    5,366       182,873  
 
             
Total
            620,425  
 
             
 
               
Health Care Equipment & Supplies (1.3%)
               
ev3, Inc.
    23,353  (b,d)     446,743  
Hill-Rom Holdings, Inc.
    3,610  (d)     114,473  
Intuitive Surgical, Inc.
    2,951  (b,d)     1,064,012  
Sirona Dental Systems, Inc.
    6,081  (b,d)     253,517  
STERIS Corp.
    6,849  (d)     227,935  
 
             
Total
            2,106,680  
 
             
 
               
Health Care Providers & Services (5.5%)
               
AMERIGROUP Corp.
    18,284  (b)     662,612  
Catalyst Health Solutions, Inc.
    4,283  (b,d)     181,214  
Centene Corp.
    21,848  (b,d)     500,319  
CIGNA Corp.
    38,790       1,243,608  
Coventry Health Care, Inc.
    23,890  (b)     567,149  
Emergency Medical Services Corp., Class A
    5,039  (b,d)     266,462  
Health Net, Inc.
    15,514  (b)     341,618  
Healthspring, Inc.
    31,969  (b)     562,654  
Humana, Inc.
    26,566  (b)     1,214,598  
Kindred Healthcare, Inc.
    27,824  (b,d)     496,380  
Lincare Holdings, Inc.
    12,328  (b,d)     575,594  
Magellan Health Services, Inc.
    22,468  (b)     948,374  
Molina Healthcare, Inc.
    11,081  (b,d)     323,233  
Sun Healthcare Group, Inc.
    18,864  (b,d)     168,644  
Triple-S Management Corp., Class B
    14,760  (b,c,d)     268,632  
Universal American Corp.
    18,692  (b,d)     286,922  
WellCare Health Plans, Inc.
    13,446  (b)     384,959  
 
             
Total
            8,992,972  
 
             
 
               
Hotels, Restaurants & Leisure (0.5%)
               
Brinker International, Inc.
    9,924  (d)     183,792  
Las Vegas Sands Corp.
    10,753  (b,d)     267,320  
Wyndham Worldwide Corp.
    15,669       420,086  
 
             
Total
            871,198  
 
             
 
               
Household Durables (2.7%)
               
American Greetings Corp., Class A
    13,283       326,230  
Garmin Ltd.
    16,586  (c,d)     619,985  
Harman International Industries, Inc.
    9,018  (b)     356,031  
National Presto Industries, Inc.
    1,045  (d)     117,009  
Stanley Black & Decker, Inc.
    14,783       918,763  
Tupperware Brands Corp.
    15,345       783,669  
Whirlpool Corp.
    11,900  (e)     1,295,553  
 
             
Total
            4,417,240  
 
             
 
               
Independent Power Producers & Energy Traders (1.1%)
               
Constellation Energy Group, Inc.
    25,016       884,316  
Mirant Corp.
    26,927  (b)     313,969  
NRG Energy, Inc.
    22,078  (b)     533,625  
 
             
Total
            1,731,910  
 
             

 


 

                 
Issuer   Shares     Value(a)  
Industrial Conglomerates (0.8%)
               
McDermott International, Inc.
    15,703  (b)     430,419  
Seaboard Corp.
    222  (d)     324,122  
Textron, Inc.
    20,662       471,921  
 
             
Total
            1,226,462  
 
             
 
               
Insurance (9.2%)
               
Allied World Assurance Co. Holdings Ltd.
    7,393  (c)     322,113  
American Financial Group, Inc.
    15,861       466,789  
American Physicians Capital, Inc.
    5,376  (d)     179,773  
AMERISAFE, Inc.
    11,109  (b,d)     189,964  
Amtrust Financial Services, Inc.
    14,509  (d)     197,758  
Arch Capital Group Ltd.
    4,193  (b,c)     316,907  
Argo Group International Holdings Ltd.
    10,766  (c,d)     355,170  
Aspen Insurance Holdings Ltd.
    8,687  (c)     234,375  
Axis Capital Holdings Ltd.
    6,056  (c)     188,766  
CNA Surety Corp.
    8,227  (b,d)     137,967  
Conseco, Inc.
    109,422  (b)     645,590  
Employers Holdings, Inc.
    23,501  (d)     387,296  
Endurance Specialty Holdings Ltd.
    7,608  (c)     280,355  
FBL Financial Group, Inc., Class A
    6,838  (d)     176,694  
First American Corp.
    7,465       258,065  
Flagstone Reinsurance Holdings Ltd.
    18,074  (c,d)     201,525  
FPIC Insurance Group, Inc.
    6,414  (b,d)     174,589  
Genworth Financial, Inc., Class A
    65,393  (b)     1,080,293  
Greenlight Capital Re Ltd., Series A
    5,582  (b,c)     143,011  
Hartford Financial Services Group, Inc.
    26,887       768,162  
HCC Insurance Holdings, Inc.
    13,992       380,442  
Horace Mann Educators Corp.
    23,121  (d)     397,912  
Lincoln National Corp.
    26,933       823,880  
Max Capital Group Ltd.
    9,339  (c)     208,260  
Meadowbrook Insurance Group, Inc.
    17,729  (d)     140,059  
Montpelier Re Holdings Ltd.
    15,112  (c)     250,859  
National Financial Partners Corp.
    22,382  (b)     344,459  
PartnerRe Ltd.
    9,044  (c)     701,634  
Platinum Underwriters Holdings Ltd.
    28,618  (c)     1,064,876  
Principal Financial Group, Inc.
    36,826       1,076,056  
ProAssurance Corp.
    13,219  (b)     805,698  
Protective Life Corp.
    14,447       347,739  
RenaissanceRe Holdings Ltd.
    6,430  (c)     359,759  
Safety Insurance Group, Inc.
    7,026  (d)     262,000  
SeaBright Insurance Holdings, Inc.
    15,885  (d)     172,829  
StanCorp Financial Group, Inc.
    6,908  (d)     310,584  
Validus Holdings Ltd.
    7,180  (c)     183,593  
White Mountains Insurance Group Ltd.
    924       317,486  
Zenith National Insurance Corp.
    2,538       95,987  
 
             
Total
            14,949,274  
 
             
 
               
Internet & Catalog Retail (0.2%)
               
Drugstore.Com, Inc.
    31,318  (b)     114,624  
Liberty Media Corp. – Interactive, Class A
    14,332  (b,g)     220,283  
 
             
Total
            334,907  
 
             
 
               
Internet Software & Services (0.6%)
               
Earthlink, Inc.
    65,986  (d)     595,194  
GSI Commerce, Inc.
    5,237  (b,d)     142,708  
IAC/InterActiveCorp.
    8,387  (b)     188,037  
LivePerson, Inc.
    14,043  (b)     115,995  
 
             
Total
            1,041,934  
 
             

 


 

                 
Issuer   Shares     Value(a)  
IT Services (2.4%)
               
Acxiom Corp.
    7,953  (b)     151,743  
Ciber, Inc.
    33,810  (b,d)     134,226  
Cognizant Technology Solutions Corp., Class A
    7,055  (b)     361,075  
Computer Sciences Corp.
    22,728  (b)     1,190,721  
Convergys Corp.
    15,744  (b,d)     199,004  
CSG Systems International, Inc.
    11,159  (b)     253,532  
Heartland Payment Systems, Inc.
    12,806  (d)     235,374  
Ness Technologies, Inc.
    24,575  (b,c)     159,000  
SAIC, Inc.
    46,240  (b,d)     805,038  
TeleTech Holdings, Inc.
    9,087  (b)     150,390  
Unisys Corp.
    7,852  (b,d)     220,013  
 
             
Total
            3,860,116  
 
             
 
               
Leisure Equipment & Products (0.7%)
               
Brunswick Corp.
    9,676  (d)     202,228  
Eastman Kodak Co.
    57,429  (b,d)     351,466  
Jakks Pacific, Inc.
    19,935  (b,d)     304,806  
Polaris Industries, Inc.
    4,548       269,105  
 
             
Total
            1,127,605  
 
             
 
               
Machinery (3.8%)
               
AGCO Corp.
    11,567  (b,d)     405,076  
Altra Holdings, Inc.
    9,073  (b,d)     137,547  
Bucyrus International, Inc.
    8,488       534,829  
Chart Industries, Inc.
    17,509  (b,d)     402,532  
Cummins, Inc.
    7,537       544,398  
EnPro Industries, Inc.
    5,393  (b)     170,311  
Force Protection, Inc.
    35,930  (b)     192,226  
FreightCar America, Inc.
    6,680  (d)     191,182  
Joy Global, Inc.
    3,656       207,697  
LB Foster Co., Class A
    5,957  (b)     176,327  
Mueller Industries, Inc.
    11,774       349,099  
Navistar International Corp.
    4,870  (b)     235,416  
Nordson Corp.
    11,671       838,210  
Oshkosh Corp.
    14,100  (b)     544,542  
SPX Corp.
    1,947       136,056  
Terex Corp.
    13,561  (b,d)     359,638  
The Manitowoc Co., Inc.
    16,561  (d)     232,020  
Timken Co.
    11,030       388,035  
WABCO Holdings, Inc.
    6,938  (b)     230,272  
 
             
Total
            6,275,413  
 
             
 
               
Media (1.8%)
               
CBS Corp., Class B
    48,097       779,652  
DISH Network Corp., Class A
    31,258       692,365  
Gannett Co., Inc.
    19,777  (d)     336,605  
Lamar Advertising Co., Class A
    4,322  (b)     160,865  
Liberty Media Corp. – Capital, Series A
    5,612  (b,g)     248,443  
The Interpublic Group of Companies, Inc.
    48,485  (b)     432,001  
Virgin Media, Inc.
    17,637       310,235  
 
             
Total
            2,960,166  
 
             
 
               
Metals & Mining (2.7%)
               
AK Steel Holding Corp.
    9,681  (d)     162,157  
Allegheny Technologies, Inc.
    5,141  (d)     274,889  
Brush Engineered Materials, Inc.
    5,807  (b,d)     172,642  
Carpenter Technology Corp.
    6,638  (d)     260,674  
Century Aluminum Co.
    14,864  (b)     200,367  

 


 

                 
Issuer   Shares     Value(a)  
Cliffs Natural Resources, Inc.
    13,301       831,711  
Commercial Metals Co.
    8,378  (d)     124,665  
Horsehead Holding Corp.
    8,199  (b,d)     97,404  
Kaiser Aluminum Corp.
    4,120  (d)     165,583  
Olympic Steel, Inc.
    6,562  (d)     208,540  
Reliance Steel & Aluminum Co.
    5,825  (d)     284,318  
RTI International Metals, Inc.
    9,210  (b,d)     249,131  
United States Steel Corp.
    14,170  (d)     774,532  
Walter Energy, Inc.
    5,448       440,253  
Worthington Industries, Inc.
    12,909       206,157  
 
             
Total
            4,453,023  
 
             
 
               
Multiline Retail (0.6%)
               
Big Lots, Inc.
    4,249  (b)     162,312  
Dillard’s, Inc., Class A
    12,797  (d)     359,339  
JC Penney Co., Inc.
    8,540  (e)     249,112  
Nordstrom, Inc.
    5,848  (d)     241,698  
 
             
Total
            1,012,461  
 
             
 
               
Oil, Gas & Consumable Fuels (5.3%)
               
ATP Oil & Gas Corp.
    13,672  (b)     249,651  
Bill Barrett Corp.
    8,171  (b)     278,468  
Cimarex Energy Co.
    6,484       441,431  
CVR Energy, Inc.
    16,462  (b,d)     139,762  
Forest Oil Corp.
    8,272  (b,d)     242,370  
Frontier Oil Corp.
    14,296  (d)     217,299  
Frontline Ltd.
    7,726  (c,d)     281,999  
Gran Tierra Energy, Inc.
    52,838  (b,c,d)     320,198  
Knightsbridge Tankers Ltd.
    10,267  (c)     194,457  
Massey Energy Co.
    8,931       327,143  
McMoRan Exploration Co.
    21,618  (b,d)     258,119  
Murphy Oil Corp.
    24,009  (e)     1,444,140  
Overseas Shipholding Group, Inc.
    2,492       124,750  
Patriot Coal Corp.
    16,874  (b)     332,249  
Penn Virginia Corp.
    12,478  (d)     318,314  
Petroleum Development Corp.
    9,322  (b,d)     218,228  
Rosetta Resources, Inc.
    18,002  (b,d)     448,250  
St. Mary Land & Exploration Co.
    9,404       378,417  
Stone Energy Corp.
    10,998  (b,d)     179,267  
Sunoco, Inc.
    12,303       403,292  
Swift Energy Co.
    8,629  (b)     312,197  
Tesoro Corp.
    18,449  (d)     242,604  
Western Refining, Inc.
    24,057  (b,d)     128,946  
Whiting Petroleum Corp.
    5,986  (b,d)     540,715  
World Fuel Services Corp.
    19,090  (d)     542,729  
 
             
Total
            8,564,995  
 
             
 
               
Paper & Forest Products (1.2%)
               
Clearwater Paper Corp.
    6,603  (b)     420,479  
Domtar Corp.
    2,174  (b,c)     154,006  
International Paper Co.
    31,158       833,166  
KapStone Paper and Packaging Corp.
    10,878  (b)     140,326  
Schweitzer-Mauduit International, Inc.
    6,946       395,366  
 
             
Total
            1,943,343  
 
             
 
               
Personal Products (0.2%)
               
Nu Skin Enterprises, Inc., Class A
    12,353       371,331  

 


 

                 
Issuer   Shares     Value(a)  
Pharmaceuticals (2.2%)
               
Endo Pharmaceuticals Holdings, Inc.
    27,119  (b)     593,906  
Forest Laboratories, Inc.
    40,980  (b)     1,117,115  
Impax Laboratories, Inc.
    10,477  (b)     189,634  
Medicis Pharmaceutical Corp., Class A
    9,418       239,029  
Par Pharmaceutical Companies, Inc.
    13,881  (b)     376,730  
Perrigo Co.
    10,833  (d)     661,138  
Questcor Pharmaceuticals, Inc.
    26,215  (b,d)     255,334  
Viropharma, Inc.
    15,989  (b,d)     203,380  
 
             
Total
            3,636,266  
 
             
 
               
Professional Services (0.5%)
               
Administaff, Inc.
    12,253  (d)     271,282  
Heidrick & Struggles International, Inc.
    5,020       132,578  
On Assignment, Inc.
    16,193  (b,d)     113,837  
SFN Group, Inc.
    23,273  (b,d)     198,984  
TrueBlue, Inc.
    8,205  (b)     129,557  
 
             
Total
            846,238  
 
             
 
               
Real Estate Investment Trusts (REITs) (3.1%)
               
American Capital Agency Corp.
    14,808  (d)     407,368  
Annaly Capital Management, Inc.
    67,971       1,152,108  
Anworth Mortgage Asset Corp.
    31,416  (d)     210,801  
Apartment Investment & Management Co., Class A
    5,848  (d)     131,054  
Capstead Mortgage Corp.
    41,049  (d)     464,675  
Entertainment Properties Trust
    14,158  (d)     618,988  
Extra Space Storage, Inc.
    9,960  (d)     149,599  
Hospitality Properties Trust
    12,368       327,628  
Medical Properties Trust, Inc.
    26,053       261,833  
MFA Financial, Inc.
    42,426       301,649  
NorthStar Realty Finance Corp.
    41,215       194,535  
SL Green Realty Corp.
    7,034       437,304  
Sovran Self Storage, Inc.
    3,107  (d)     114,617  
The Macerich Co.
    3,672  (d)     164,175  
UDR, Inc.
    5,722       116,214  
 
             
Total
            5,052,548  
 
             
 
               
Real Estate Management & Development (0.4%)
               
CB Richard Ellis Group, Inc., Class A
    16,611  (b)     287,703  
Jones Lang LaSalle, Inc.
    5,326  (d)     420,114  
 
             
Total
            707,817  
 
             
 
               
Road & Rail (0.5%)
               
Arkansas Best Corp.
    5,597  (d)     170,485  
Hertz Global Holdings, Inc.
    18,921  (b,d)     273,598  
Kansas City Southern
    7,365  (b)     298,650  
 
             
Total
            742,733  
 
             
 
               
Semiconductors & Semiconductor Equipment (2.5%)
               
Amkor Technology, Inc.
    35,189  (b,d)     265,325  
Atheros Communications, Inc.
    22,901  (b,d)     889,476  
Cavium Networks, Inc.
    12,631  (b,d)     348,742  
Cree, Inc.
    9,065  (b,d)     663,649  
Monolithic Power Systems, Inc.
    12,491  (b,d)     307,903  
Netlogic Microsystems, Inc.
    8,738  (b,d)     272,363  
Omnivision Technologies, Inc.
    21,473  (b,d)     377,066  
Power Integrations, Inc.
    5,911  (d)     227,455  
Sigma Designs, Inc.
    13,255  (b,d)     157,204  
Skyworks Solutions, Inc.
    24,891  (b)     419,164  
Volterra Semiconductor Corp.
    8,669  (b,d)     207,709  
 
             
Total
            4,136,056  
 
             

 


 

                 
Issuer   Shares     Value(a)  
Software (1.6%)
               
ArcSight, Inc.
    7,072  (b,d)     160,747  
Blackbaud, Inc.
    9,819  (d)     226,328  
Concur Technologies, Inc.
    6,870  (b)     287,922  
JDA Software Group, Inc.
    8,188  (b)     236,633  
MicroStrategy, Inc., Class A
    2,867  (b)     219,612  
Sourcefire, Inc.
    8,381  (b)     187,483  
SuccessFactors, Inc.
    14,841  (b,d)     310,622  
Take-Two Interactive Software, Inc.
    13,157  (b,d)     143,017  
Taleo Corp., Class A
    8,657  (b)     224,909  
TIBCO Software, Inc.
    35,261  (b)     401,975  
Ultimate Software Group, Inc.
    7,100  (b,d)     237,495  
 
             
Total
            2,636,743  
 
             
 
               
Specialty Retail (6.7%)
               
Abercrombie & Fitch Co., Class A
    6,301       275,543  
American Eagle Outfitters, Inc.
    16,203       272,372  
AnnTaylor Stores Corp.
    13,601  (b,d)     295,142  
Asbury Automotive Group, Inc.
    10,450  (b)     162,498  
AutoNation, Inc.
    14,491  (b)     292,718  
Barnes & Noble, Inc.
    10,336  (d)     227,805  
Big 5 Sporting Goods Corp.
    8,107  (d)     137,414  
Brown Shoe Co., Inc.
    9,548  (d)     179,502  
Cabela’s, Inc.
    11,896  (b,d)     216,031  
Chico’s FAS, Inc.
    16,788       249,973  
Collective Brands, Inc.
    10,930  (b,d)     256,309  
DSW, Inc., Class A
    4,970  (b)     150,094  
Foot Locker, Inc.
    8,223       126,223  
GameStop Corp., Class A
    17,658  (b,d)     429,266  
Genesco, Inc.
    11,899  (b,d)     396,118  
Group 1 Automotive, Inc.
    4,326  (b,d)     134,322  
GUESS?, Inc.
    4,486  (d)     205,773  
Gymboree Corp.
    3,680  (b,d)     180,798  
HOT Topic, Inc.
    29,515  (d)     225,495  
Jo-Ann Stores, Inc.
    16,158  (b)     712,891  
JOS A Bank Clothiers, Inc.
    2,918  (b,d)     177,589  
Office Depot, Inc.
    23,377  (b)     160,366  
OfficeMax, Inc.
    22,563  (b,d)     428,697  
Pacific Sunwear Of California
    15,540  (b)     78,632  
PetSmart, Inc.
    10,279       339,927  
RadioShack Corp.
    25,829       556,615  
Rent-A-Center, Inc.
    23,999  (b)     619,654  
Signet Jewelers Ltd.
    11,339  (b,c)     363,075  
Stage Stores, Inc.
    11,163       170,236  
The Cato Corp., Class A
    10,990  (d)     261,013  
The Childrens Place Retail Stores, Inc.
    8,374  (b,d)     383,697  
The Dress Barn, Inc.
    28,108  (b)     778,029  
The Finish Line, Inc., Class A
    14,889       239,862  
The Men’s Wearhouse, Inc.
    19,398  (d)     458,375  
The Wet Seal, Inc., Class A
    56,235  (b,d)     265,992  
Williams-Sonoma, Inc.
    14,891  (d)     428,861  
 
             
Total
            10,836,907  
 
             
 
               
Textiles, Apparel & Luxury Goods (1.7%)
               
CROCS, Inc.
    6,205  (b,d)     59,940  
Deckers Outdoor Corp.
    4,998  (b)     702,619  
Fossil, Inc.
    9,786  (b,d)     380,675  
Jones Apparel Group, Inc.
    15,451       336,214  

 


 

                 
Issuer   Shares     Value(a)  
Liz Claiborne, Inc.
    18,262  (b,d)     159,610  
Quiksilver, Inc.
    29,498  (b)     157,224  
Skechers USA, Inc., Class A
    7,880  (b)     302,198  
Steven Madden Ltd.
    2,715  (b)     157,361  
The Warnaco Group, Inc.
    8,083  (b)     386,691  
True Religion Apparel, Inc.
    5,302  (b,d)     165,688  
 
             
Total
            2,808,220  
 
             
 
               
Thrifts & Mortgage Finance (0.1%)
               
Astoria Financial Corp.
    9,897  (d)     159,738  
 
               
Tobacco (0.4%)
               
Alliance One International, Inc.
    46,334  (b,d)     235,840  
Universal Corp.
    8,686  (d)     449,761  
 
             
Total
            685,601  
 
             
 
               
Trading Companies & Distributors (0.5%)
               
H&E Equipment Services, Inc.
    20,609  (b,d)     243,392  
United Rentals, Inc.
    14,496  (b,d)     208,163  
WESCO International, Inc.
    10,524  (b,d)     427,485  
 
             
Total
            879,040  
 
             
 
               
Wireless Telecommunication Services (0.5%)
               
NII Holdings, Inc.
    12,565  (b)     533,008  
Telephone & Data Systems, Inc.
    5,481  (d)     189,971  
USA Mobility, Inc.
    10,152  (b,d)     141,519  
 
             
Total
            864,498  
 
             
Total Common Stocks
(Cost: $125,726,057)
          $ 160,141,683  
 
             
Money Market Fund (2.2%)
                 
    Shares     Value(a)  
RiverSource Short-Term Cash Fund, 0.21%
    3,571,392  (f)   $ 3,571,392  
 
             
Total Money Market Fund
(Cost: $3,571,392)
          $ 3,571,392  
 
             
Investments of Cash Collateral Received for Securities on Loan (24.6%)
                         
            Amount        
    Effective     payable at        
Issuer   yield     maturity     Value(a)  
Repurchase Agreements(h)
                       
Cantor Fitzgerald
                       
dated 04-30-10, matures 05-03-10,
repurchase price
                       
$5,000,092
    0.22 %   $ 5,000,000     $ 5,000,000  
Goldman Sachs
                       
dated 04-30-10, matures 05-03-10,
repurchase price
                       
$8,130,589
    0.19       8,130,461       8,130,461  
$12,000,250
    0.25       12,000,000       12,000,000  
Mizuho Securities USA
                       
dated 04-30-10, matures 05-03-10,
repurchase price
                       
$5,000,092
    0.22       5,000,000       5,000,000  

 


 

                         
            Amount        
    Effective     payable at        
Issuer   yield     maturity     Value(a)  
Pershing LLC
                       
dated 04-30-10, matures 05-03-10,
repurchase price
                       
$10,000,258
    0.31       10,000,000       10,000,000  
 
                     
Total Investments of Cash Collateral Received for Securities on Loan
                       
(Cost: $40,130,461)
                  $ 40,130,461  
 
                     
 
Total Investments in Securities
                       
(Cost: $169,427,910)(i)
                  $ 203,843,536  
 
                     
Investment in Derivatives
Futures Contracts Outstanding at April 30, 2010
                                 
    Number of                   Unrealized
    contracts   Notional   Expiration   appreciation
Contract description   long (short)   market value   date   (depreciation)
 
E-Mini S&P MidCap 400 Index
    18     $ 1,478,880     June 2010   $ (16,604 )
Russell 2000 Mini Index
    22       1,574,100     June 2010     (37,762 )
 
Total
                          $ (54,366 )
 
The industries identified above are based on the Global Industry Classification Standard (GICS), which 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.
Notes to Portfolio of Investments
(a)   Securities are valued by using policies described in Note 2 to the financial statements in the most recent Semiannual Report dated Jan. 31, 2010.
 
(b)   Non-income producing.
 
(c)   Foreign security values are stated in U.S. dollars. At April 30, 2010, the value of foreign securities, excluding short-term securities, represented 5.64% of net assets.
 
(d)   At April 30, 2010, security was partially or fully on loan.
 
(e)   At April 30, 2010, investments in securities included securities valued at $1,830,140 that were partially pledged as collateral to cover initial margin deposits on open stock index futures contracts.
 
(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, 2010.
 
(g)   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.

 


 

(h)   The table below represents securities received as collateral subject to repurchase agreements. This collateral, which is generally high quality short-term obligations, is deposited with the Fund’s custodian and, pursuant to the terms of the repurchase agreement, must have an aggregate market value greater than or equal to the repurchase price plus accrued interest at all times. The market value of securities held as collateral for repurchase agreements is monitored on a daily basis to ensure the existence of the proper level of collateral.
Cantor Fitzgerald (0.22%)
         
Security description   Value (a)
 
Fannie Mae Discount Notes
  $ 6,362  
Fannie Mae Interest Strip
    27,412  
Fannie Mae Pool
    3,386,704  
Fannie Mae Principal Strip
    639  
Fannie Mae REMICS
    100,189  
Federal Farm Credit Bank
    87,812  
Federal Home Loan Banks
    81,413  
Federal Home Loan Mortgage Corp
    113,973  
Federal National Mortgage Association
    82,036  
Freddie Mac Non Gold Pool
    379,138  
Freddie Mac Reference REMIC
    5,396  
Freddie Mac REMICS
    117,694  
Freddie Mac Strips
    68,463  
Ginnie Mae I Pool
    168,045  
Ginnie Mae II Pool
    124,749  
Government National Mortgage Association
    28,257  
United States Treasury Inflation Indexed Bonds
    23,011  
United States Treasury Note/Bond
    40,106  
United States Treasury Strip Coupon
    256,013  
United States Treasury Strip Principal
    2,588  
 
Total market value of collateral securities
  $ 5,100,000  
 
Goldman Sachs (0.19%)
         
Security description   Value (a)
 
Fannie Mae Pool
  $ 5,962,684  
Freddie Mac Gold Pool
    2,009,399  
Freddie Mac Non Gold Pool
    320,987  
 
Total market value of collateral securities
  $ 8,293,070  
 
Goldman Sachs (0.25%)
         
Security description   Value (a)
 
Allied Irish Banks PLC/New York NY
  $ 1,831,579  
Banco Bilbao Vizcaya Argentaria/NY
    66,292  
Bank of Nova Scotia
    4,049  
BNP Paribas NY
    1,396,952  
Calyon NY
    93,563  

 


 

         
Security description   Value (a)
Credit Agricole Corporate and Investment Bank/New York
    918,442  
Dexia Credit Local NY
    1,019,742  
DnB NOR Bank
    8,253  
Natixis/New York NY
    3,284,637  
Nordea Bank Finland PLC
    274,405  
Rabobank Nederland NV/NY
    454,737  
Royal Bank of Scotland PLC/Greenwich CT
    87,248  
Sanpaolo IMI SpA/New York
    27,780  
Societe Generale NY
    404,211  
Standard Chartered Banking
    552,359  
Sumitomo Mitsui Banking Corp/New York
    1,200,000  
Svenska Handelsbanken/New York NY
    39,347  
Toronto Dominion Bank/NY
    896,842  
UBS AG Stamford
    39,562  
 
Total market value of collateral securities
  $ 12,600,000  
 
Mizuho Securities USA (0.22%)
         
Security description   Value (a)
 
United States Cash Management Bill
  $ 95,613  
United States Treasury Bill
    666,810  
United States Treasury Note/Bond
    3,179,446  
United States Treasury Strip Coupon
    378,089  
United States Treasury Strip Principal
    780,042  
 
Total market value of collateral securities
  $ 5,100,000  
 
Pershing LLC (0.31%)
         
Security description   Value (a)
 
Fannie Mae Pool
  $ 2,949,060  
Fannie Mae REMICS
    935,477  
Fannie Mae-Aces
    32,976  
Federal Farm Credit Bank
    184,920  
Federal Home Loan Banks
    358,007  
Federal Home Loan Mortgage Corp
    54,705  
Federal National Mortgage Association
    163,192  
Freddie Mac Gold Pool
    2,491,384  
Freddie Mac Non Gold Pool
    135,952  
Freddie Mac REMICS
    47,663  
Ginnie Mae I Pool
    162,146  
Ginnie Mae II Pool
    214,330  
Government National Mortgage Association
    5,908  
United States Treasury Bill
    741  
United States Treasury Note/Bond
    1,675,426  
United States Treasury Strip Coupon
    276,787  
United States Treasury Strip Principal
    511,326  
 
Total market value of collateral securities
  $ 10,200,000  
 

 


 

(i)   At April 30, 2010, the cost of securities for federal income tax purposes was approximately $169,428,000 and the approximate aggregate gross unrealized appreciation and depreciation based on that cost was:
         
Unrealized appreciation
  $ 36,551,000  
Unrealized depreciation
    (2,135,000 )
 
Net unrealized appreciation
  $ 34,416,000  
 

 


 

Fair Value Measurements
Generally accepted accounting principles (GAAP) require disclosure regarding the inputs and valuation techniques used to measure fair value and any changes in valuation inputs or techniques. In addition, investments shall be disclosed by major category.
The Fund categorizes its fair value measurements according to a three-level hierarchy that maximizes the use of observable inputs and minimizes the use of unobservable inputs by prioritizing that the most observable input be used when available. Observable inputs are those that market participants would use in pricing an investment based on market data obtained from sources independent of the reporting entity. Unobservable inputs are those that reflect the Fund’s assumptions about the information market participants would use in pricing an investment. An investment’s level within the fair value hierarchy is based on the lowest level of any input that is deemed significant to the asset or liability’s fair value measurement. The input levels are not necessarily an indication of the risk or liquidity associated with investments at that level. For example, certain U.S. government securities are generally high quality and liquid, however, they are reflected as Level 2 because the inputs used to determine fair value may not always be quoted prices in an active market.
Fair value inputs are summarized in the three broad levels listed below:
    Level 1 — Valuations based on quoted prices for investments in active markets that the Fund has the ability to access at the measurement date. Valuation adjustments are not applied to Level 1 investments.
 
    Level 2 — Valuations based on other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risks, etc.).
 
    Level 3 — Valuations based on significant unobservable inputs (including the Fund’s own assumptions and judgment in determining the fair value of investments).
Inputs that are used in determining fair value of an investment may include price information, credit data, volatility statistics, and other factors. These inputs can be either observable or unobservable. The availability of observable inputs can vary between investments, and is affected by various factors such as the type of investment, and the volume and level of activity for that investment or similar investments in the marketplace. The inputs will be considered by the Fund Administrator, along with any other relevant factors in the calculation of an investment’s fair value. The Fund uses prices and inputs that are current as of the measurement date, which may include periods of market dislocations. During these periods, the availability of prices and inputs may be reduced for many investments. This condition could cause an investment to be reclassified between the various levels within the hierarchy.
Non-U.S. equity securities actively traded in foreign markets may be reflected in Level 2 despite the availability of closing prices, because the Fund evaluates and determines whether those closing prices reflect fair value at the close of the New York Stock Exchange (NYSE) or require adjustment, as described in Note 2 to the financial statements — Valuation of securities in the most recent Semiannual Report dated Jan. 31, 2010.
Investments falling into the Level 3 category are primarily supported by quoted prices from brokers and dealers participating in the market for those investments. However, these may be classified as Level 3 investments due to lack of market transparency and corroboration to support these quoted prices. Additionally, valuation models may be used as the pricing source for any remaining investments classified as Level 3. These models rely on one or more significant unobservable inputs and/or significant assumptions by the Fund Administrator. Inputs used in a valuation model may include, but are not limited to, financial statement analysis, discount rates and estimated cash flows, and comparable company data.

 


 

The following table is a summary of the inputs used to value the Fund’s investments as of April 30, 2010:
                                 
    Fair value at April 30, 2010
    Level 1   Level 2        
    quoted prices   other   Level 3    
    in active   significant   significant    
    markets for   observable   unobservable    
Description(a)   identical assets   inputs   inputs   Total
 
Equity Securities
                               
Common Stocks
  $ 160,141,683     $     $     $ 160,141,683  
 
Total Equity Securities
    160,141,683                   160,141,683  
 
 
                               
Other
                               
Affiliated Money Market Fund (b)
    3,571,392                   3,571,392  
Investments of Cash Collateral Received for Securities on Loan
          40,130,461             40,130,461  
 
Total Other
    3,571,392       40,130,461             43,701,853  
 
 
                               
Investments in Securities
    163,713,075       40,130,461             203,843,536  
Other Financial Instruments (c)
    (54,366 )                 (54,366 )
 
 
                               
Total
  $ 163,658,709     $ 40,130,461     $     $ 203,789,170  
 
(a)   See the Portfolio of Investments for all investment classifications not indicated in the table.
 
(b)   Money market fund that is a sweep investment for cash balances in the Fund at April 30, 2010.
 
(c)   Other Financial Instruments are derivative instruments, which are valued at the unrealized appreciation (depreciation) on the instrument. Derivative descriptions are located in the Investments in Derivatives section of the Portfolio of Investments.

 


 

Portfolio of Investments
RiverSource Disciplined Small Cap Value Fund
April 30, 2010 (Unaudited)
(Percentages represent value of investments compared to net assets)
Investments in Securities
Common Stocks (96.1%)
                 
Issuer   Shares     Value(a)  
Aerospace & Defense (1.4%)
               
Ceradyne, Inc.
    8,211  (b)   $ 182,284  
DynCorp International, Inc., Class A
    4,923  (b)     84,676  
Esterline Technologies Corp.
    2,773  (b,d)     154,678  
Ladish Co., Inc.
    4,650  (b,d)     127,829  
Triumph Group, Inc.
    3,923  (d)     304,267  
 
             
Total
            853,734  
 
             
 
               
Air Freight & Logistics (0.8%)
               
Atlas Air Worldwide Holdings, Inc.
    7,958  (b)     439,839  
Pacer International, Inc.
    9,986  (b,d)     66,307  
 
             
Total
            506,146  
 
             
 
               
Airlines (1.4%)
               
Alaska Air Group, Inc.
    9,470  (b,d)     392,153  
Skywest, Inc.
    31,983       479,105  
 
             
Total
            871,258  
 
             
 
               
Auto Components (1.2%)
               
ArvinMeritor, Inc.
    10,530  (b,d)     161,320  
Dana Holding Corp.
    17,998  (b)     240,452  
Exide Technologies
    14,347  (b,d)     85,221  
Spartan Motors, Inc.
    12,974  (d)     80,050  
Tenneco, Inc.
    5,562  (b,d)     143,333  
 
             
Total
            710,376  
 
             
 
               
Building Products (1.0%)
               
Apogee Enterprises, Inc.
    15,650  (d)     215,031  
Griffon Corp.
    4,872  (b)     68,695  
Insteel Industries, Inc.
    4,823  (d)     59,130  
NCI Building Systems, Inc.
    5,521  (b)     76,079  
Quanex Building Products Corp.
    4,351       82,669  
Trex Co., Inc.
    4,540  (b,d)     111,185  
 
             
Total
            612,789  
 
             
 
               
Capital Markets (5.4%)
               
Apollo Investment Corp.
    60,942       741,054  
Ares Capital Corp.
    54,037  (d)     857,026  
BGC Partners, Inc., Class A
    39,213       255,669  
Cohen & Steers, Inc.
    5,245       141,982  
Hercules Technology Growth Capital, Inc.
    9,943       107,782  
Knight Capital Group, Inc., Class A
    17,467  (b)     271,612  
MVC Capital, Inc.
    7,424  (d)     104,901  
Oppenheimer Holdings, Inc., Class A
    7,155       207,996  
PennantPark Investment Corp.
    19,874  (d)     217,422  
SWS Group, Inc.
    20,581       227,832  
Westwood Holdings Group, Inc.
    2,887  (d)     111,150  
 
             
Total
            3,244,426  
 
             

 


 

                 
Issuer   Shares     Value(a)  
Chemicals (4.8%)
               
Ferro Corp.
    8,406  (b,d)     91,794  
HB Fuller Co.
    2,704  (d)     63,409  
Innophos Holdings, Inc.
    13,745       391,595  
Innospec, Inc.
    9,414  (b,c)     125,300  
Minerals Technologies, Inc.
    1,136       65,547  
Olin Corp.
    30,866  (d)     648,186  
OM Group, Inc.
    5,212  (b,d)     196,753  
PolyOne Corp.
    12,341  (b)     139,577  
Solutia, Inc.
    11,336  (b,d)     199,514  
Stepan Co.
    1,512       114,534  
WR Grace & Co.
    30,045  (b)     867,999  
 
             
Total
            2,904,208  
 
             
 
               
Commercial Banks (5.9%)
               
Arrow Financial Corp.
    3,240  (d)     90,072  
Bancfirst Corp.
    3,023       133,435  
Bank of Kentucky Financial Corp.
    1,074  (d)     20,599  
Camden National Corp.
    3,298  (d)     117,838  
First Financial Bancorp
    9,548       182,462  
German American Bancorp, Inc.
    3,296  (d)     52,439  
Great Southern Bancorp, Inc.
    6,750  (d)     164,633  
Heritage Financial Corp.
    2,188  (b,d)     33,498  
International Bancshares Corp.
    11,192  (d)     270,511  
MainSource Financial Group, Inc.
    12,728  (d)     102,970  
Nara Bancorp, Inc.
    5,754  (b,d)     51,786  
National Bankshares, Inc.
    2,590       70,163  
NBT Bancorp, Inc.
    5,565  (d)     136,176  
Northrim BanCorp, Inc.
    5,577  (d)     96,259  
Republic Bancorp, Inc., Class A
    10,319  (d)     249,204  
SVB Financial Group
    16,540  (b,d)     814,263  
The First of Long Island Corp.
    2,118  (d)     54,517  
Trico Bancshares
    6,425  (d)     122,332  
Trustmark Corp.
    8,569  (d)     209,769  
UMB Financial Corp.
    4,313       181,664  
Wilshire Bancorp, Inc.
    16,066  (d)     174,477  
Wintrust Financial Corp.
    6,793  (d)     253,379  
 
             
Total
            3,582,446  
 
             
 
               
Commercial Services & Supplies (1.0%)
               
Consolidated Graphics, Inc.
    2,314  (b)     96,980  
Kimball International, Inc., Class B
    18,984       152,632  
Steelcase, Inc., Class A
    9,402  (d)     77,190  
United Stationers, Inc.
    2,177  (b)     133,276  
Viad Corp.
    6,228  (d)     145,735  
 
             
Total
            605,813  
 
             
 
               
Communications Equipment (0.8%)
               
KVH Industries, Inc.
    3,142  (b)     47,350  
Netgear, Inc.
    3,284  (b)     88,865  
Oplink Communications, Inc.
    4,601  (b)     69,521  
Plantronics, Inc.
    8,349       277,187  
 
             
Total
            482,923  
 
             
 
               
Computers & Peripherals (0.2%)
               
Intevac, Inc.
    3,632  (b,d)     50,557  
Super Micro Computer, Inc.
    5,143  (b,d)     72,928  
 
             
Total
            123,485  
 
             

 


 

                 
Issuer   Shares     Value(a)  
Construction & Engineering (3.5%)
               
Comfort Systems USA, Inc.
    22,454  (d)     316,152  
EMCOR Group, Inc.
    25,589  (b)     730,823  
Granite Construction, Inc.
    9,543  (d)     320,740  
Layne Christensen Co.
    7,676  (b)     210,169  
Sterling Construction Co., Inc.
    6,836  (b,d)     119,630  
Tutor Perini Corp.
    17,305  (b,d)     419,992  
 
             
Total
            2,117,506  
 
             
 
               
Consumer Finance (0.8%)
               
Cash America International, Inc.
    7,870  (d)     291,661  
Credit Acceptance Corp.
    2,956  (b)     133,316  
World Acceptance Corp.
    1,809  (b,d)     63,822  
 
             
Total
            488,799  
 
             
 
               
Distributors (0.2%)
               
Core-Mark Holding Co., Inc.
    3,936  (b,d)     120,127  
 
               
Diversified Consumer Services (0.3%)
               
Regis Corp.
    10,757  (d)     205,674  
 
               
Diversified Financial Services (0.3%)
               
PHH Corp.
    8,389  (b)     190,346  
 
               
Diversified Telecommunication Services (0.1%)
               
Consolidated Communications Holdings, Inc.
    3,946  (d)     73,198  
 
               
Electrical Equipment (1.9%)
               
AO Smith Corp.
    1,265       65,312  
EnerSys
    6,684  (b)     172,982  
GrafTech International Ltd.
    41,522  (b)     700,061  
Woodward Governor Co.
    7,069  (d)     226,561  
 
             
Total
            1,164,916  
 
             
 
               
Electronic Equipment, Instruments & Components (3.0%)
               
Anixter International, Inc.
    5,850  (b,d)     306,540  
Benchmark Electronics, Inc.
    1,675  (b)     36,247  
Coherent, Inc.
    4,875  (b,d)     183,154  
CTS Corp.
    13,042       136,941  
Insight Enterprises, Inc.
    6,548  (b)     98,416  
Littelfuse, Inc.
    6,026  (b)     254,478  
Methode Electronics, Inc.
    7,792  (d)     86,491  
Plexus Corp.
    6,232  (b)     230,896  
Rogers Corp.
    3,391  (b,d)     113,497  
SYNNEX Corp.
    10,381  (b,d)     284,647  
TTM Technologies, Inc.
    7,143  (b,d)     77,573  
 
             
Total
            1,808,880  
 
             
 
               
Energy Equipment & Services (4.3%)
               
Boots & Coots, Inc.
    48,334  (b)     141,619  
Bristow Group, Inc.
    4,106  (b)     158,943  
Cal Dive International, Inc.
    18,393  (b)     120,658  
CARBO Ceramics, Inc.
    5,350  (d)     391,888  
Dawson Geophysical Co.
    4,175  (b,d)     122,286  
Global Industries Ltd.
    11,746  (b,d)     78,698  

 


 

                 
Issuer   Shares     Value(a)  
Gulf Island Fabrication, Inc.
    2,624  (d)     62,897  
Gulfmark Offshore, Inc., Class A
    5,186  (b)     178,761  
Key Energy Services, Inc.
    29,526  (b)     320,800  
Lufkin Industries, Inc.
    5,592       476,047  
Matrix Service Co.
    11,012  (b)     117,058  
Natural Gas Services Group, Inc.
    3,005  (b)     53,880  
Parker Drilling Co.
    28,033  (b,d)     155,022  
Superior Well Services, Inc.
    4,171  (b,d)     60,480  
T-3 Energy Services, Inc.
    2,935  (b,d)     87,316  
Tetra Technologies, Inc.
    6,314  (b)     77,599  
 
             
Total
            2,603,952  
 
             
 
               
Food & Staples Retailing (2.4%)
               
Nash Finch Co.
    3,471  (d)     121,554  
Ruddick Corp.
    11,031  (d)     389,836  
Spartan Stores, Inc.
    13,064       197,136  
The Andersons, Inc.
    1,514       54,716  
The Pantry, Inc.
    9,251  (b)     146,351  
Weis Markets, Inc.
    3,249  (d)     121,123  
Winn-Dixie Stores, Inc.
    31,165  (b,d)     392,990  
 
             
Total
            1,423,706  
 
             
 
               
Food Products (2.1%)
               
American Italian Pasta Co., Class A
    2,870  (b,d)     112,590  
Chiquita Brands International, Inc.
    28,050  (b,d)     421,872  
Diamond Foods, Inc.
    1,257  (d)     53,686  
Fresh Del Monte Produce, Inc.
    21,532  (b,c)     449,374  
Seneca Foods Corp., Class A
    4,608  (b)     151,327  
TreeHouse Foods, Inc.
    2,005  (b)     84,791  
 
             
Total
            1,273,640  
 
             
 
               
Gas Utilities (0.3%)
               
Nicor, Inc.
    2,607       113,430  
The Laclede Group, Inc.
    2,397       81,690  
 
             
Total
            195,120  
 
             
 
               
Health Care Equipment & Supplies (1.0%)
               
ev3, Inc.
    16,506  (b,d)     315,761  
Invacare Corp.
    3,273  (d)     86,505  
Natus Medical, Inc.
    7,987  (b,d)     136,098  
Volcano Corp.
    2,897  (b)     69,586  
 
             
Total
            607,950  
 
             
 
               
Health Care Providers & Services (6.6%)
               
Centene Corp.
    13,850  (b,d)     317,165  
Gentiva Health Services, Inc.
    3,981  (b,d)     114,175  
Healthspring, Inc.
    35,782  (b)     629,763  
inVentiv Health, Inc.
    3,528  (b)     81,250  
Kindred Healthcare, Inc.
    23,596  (b,d)     420,953  
Magellan Health Services, Inc.
    20,687  (b)     873,198  
Molina Healthcare, Inc.
    9,764  (b,d)     284,816  
National Healthcare Corp.
    2,309  (d)     81,646  
Res-Care, Inc.
    11,633  (b)     135,408  
Sun Healthcare Group, Inc.
    21,305  (b)     190,467  
Triple-S Management Corp., Class B
    11,294  (b,c,d)     205,551  
Universal American Corp.
    18,676  (b,d)     286,677  
WellCare Health Plans, Inc.
    11,991  (b)     343,302  
 
             
Total
            3,964,371  
 
             

 


 

                 
Issuer   Shares     Value(a)  
Hotels, Restaurants & Leisure (0.3%)
               
Biglari Holdings, Inc.
    141  (b)     55,166  
Red Robin Gourmet Burgers, Inc.
    3,848  (b)     93,930  
 
             
Total
            149,096  
 
             
 
               
Household Durables (0.4%)
               
American Greetings Corp., Class A
    6,521       160,155  
CSS Industries, Inc.
    4,029       80,661  
 
             
Total
            240,816  
 
             
 
               
Industrial Conglomerates (0.6%)
               
Seaboard Corp.
    195       284,702  
Standex International Corp.
    3,661       87,388  
 
             
Total
            372,090  
 
             
 
               
Insurance (9.9%)
               
American Equity Investment Life Holding Co.
    8,918  (d)     93,817  
American Physicians Capital, Inc.
    3,042  (d)     101,725  
AMERISAFE, Inc.
    9,961  (b,d)     170,333  
Amtrust Financial Services, Inc.
    8,774  (d)     119,590  
Argo Group International Holdings Ltd.
    10,543  (c)     347,814  
CNA Surety Corp.
    6,751  (b,d)     113,214  
Conseco, Inc.
    127,392  (b)     751,613  
Employers Holdings, Inc.
    25,808  (d)     425,316  
FPIC Insurance Group, Inc.
    4,734  (b,d)     128,859  
Greenlight Capital Re Ltd., Series A
    6,590  (b,c,d)     168,836  
Horace Mann Educators Corp.
    21,998       378,586  
Maiden Holdings Ltd.
    13,592  (c)     101,804  
Meadowbrook Insurance Group, Inc.
    18,841  (d)     148,844  
Montpelier Re Holdings Ltd.
    16,466  (c)     273,336  
National Financial Partners Corp.
    18,883  (b)     290,609  
Platinum Underwriters Holdings Ltd.
    28,399  (c)     1,056,726  
ProAssurance Corp.
    16,173  (b)     985,743  
Safety Insurance Group, Inc.
    5,353       199,613  
SeaBright Insurance Holdings, Inc.
    9,679       105,308  
 
             
Total
            5,961,686  
 
             
 
               
Internet Software & Services (0.9%)
               
Earthlink, Inc.
    59,969  (d)     540,920  
 
               
IT Services (1.2%)
               
Acxiom Corp.
    3,912  (b)     74,641  
Ciber, Inc.
    31,272  (b,d)     124,150  
CSG Systems International, Inc.
    4,004  (b)     90,971  
Global Cash Access Holdings, Inc.
    5,885  (b)     51,082  
Ness Technologies, Inc.
    21,665  (b,c)     140,173  
Unisys Corp.
    8,203  (b)     229,847  
 
             
Total
            710,864  
 
             
 
               
Leisure Equipment & Products (0.9%)
               
Eastman Kodak Co.
    46,167  (b,d)     282,541  
Jakks Pacific, Inc.
    13,247  (b,d)     202,547  
Sport Supply Group, Inc.
    4,416       59,219  
 
             
Total
            544,307  
 
             
 
               
Life Sciences Tools & Services (0.1%)
               
Kendle International, Inc.
    3,883  (b)     64,264  

 


 

                 
Issuer   Shares     Value(a)  
Machinery (2.2%)
               
Altra Holdings, Inc.
    7,397  (b)     112,139  
American Railcar Industries, Inc.
    5,010  (d)     81,914  
FreightCar America, Inc.
    5,336  (d)     152,716  
LB Foster Co., Class A
    3,937  (b)     116,535  
Mueller Industries, Inc.
    3,687       109,320  
Nordson Corp.
    9,603       689,686  
Robbins & Myers, Inc.
    3,168  (d)     82,083  
 
             
Total
            1,344,393  
 
             
 
               
Marine (0.5%)
               
American Commercial Lines, Inc.
    2,048  (b,d)     41,779  
Genco Shipping & Trading Ltd.
    5,615  (b)     130,043  
International Shipholding Corp.
    3,567       108,223  
 
             
Total
            280,045  
 
             
 
               
Media (0.1%)
               
EW Scripps Co., Class A
    6,240  (b,d)     68,266  
 
               
Metals & Mining (1.6%)
               
AM Castle & Co.
    3,729  (b)     51,162  
AMCOL International Corp.
    2,625       75,443  
Brush Engineered Materials, Inc.
    2,775  (b,d)     82,501  
Century Aluminum Co.
    11,896  (b)     160,358  
Coeur d’Alene Mines Corp.
    8,973  (b,d)     160,795  
Haynes International, Inc.
    2,705       97,137  
Horsehead Holding Corp.
    5,378  (b)     63,891  
Kaiser Aluminum Corp.
    1,697  (d)     68,202  
Olympic Steel, Inc.
    4,373  (d)     138,974  
RTI International Metals, Inc.
    3,396  (b,d)     91,862  
 
             
Total
            990,325  
 
             
 
               
Multiline Retail (0.6%)
               
Dillard’s, Inc., Class A
    7,268  (d)     204,085  
Retail Ventures, Inc.
    8,086  (b)     87,491  
Tuesday Morning Corp.
    8,803  (b,d)     49,737  
 
             
Total
            341,313  
 
             
 
               
Oil, Gas & Consumable Fuels (5.2%)
               
Atlas Energy, Inc.
    18,730  (b,d)     675,777  
ATP Oil & Gas Corp.
    7,818  (b)     142,757  
Bill Barrett Corp.
    2,082  (b)     70,955  
Brigham Exploration Co.
    3,698  (b,d)     72,148  
Clayton Williams Energy, Inc.
    1,762  (b)     81,863  
Cloud Peak Energy, Inc.
    4,094  (b)     65,504  
CVR Energy, Inc.
    13,087  (b,d)     111,109  
DHT Holdings, Inc.
    15,054  (c)     71,055  
Golar LNG Ltd.
    7,445  (b,c)     96,711  
Gran Tierra Energy, Inc.
    45,174  (b,c,d)     273,754  
Knightsbridge Tankers Ltd.
    6,225  (c)     117,902  
Nordic American Tanker Shipping
    1,502  (c,d)     46,922  
Patriot Coal Corp.
    11,004  (b)     216,669  
Penn Virginia Corp.
    10,758  (d)     274,437  
Petroleum Development Corp.
    9,896  (b,d)     231,665  
Rosetta Resources, Inc.
    19,026  (b,d)     473,746  
Swift Energy Co.
    1,083  (b)     39,183  
Western Refining, Inc.
    19,357  (b,d)     103,754  
 
             
Total
            3,165,911  
 
             

 


 

                 
Issuer   Shares     Value(a)  
Paper & Forest Products (1.6%)
               
Clearwater Paper Corp.
    5,437  (b)     346,228  
PH Glatfelter Co.
    5,946  (d)     87,347  
KapStone Paper and Packaging Corp.
    13,844  (b)     178,588  
Schweitzer-Mauduit International, Inc.
    6,134       349,147  
 
             
Total
            961,310  
 
             
 
               
Personal Products (0.1%)
               
American Oriental Bioengineering, Inc.
    19,758  (b,d)     80,020  
 
               
Pharmaceuticals (1.2%)
               
Medicis Pharmaceutical Corp., Class A
    9,958       252,734  
Par Pharmaceutical Companies, Inc.
    10,435  (b)     283,206  
Viropharma, Inc.
    16,880  (b,d)     214,714  
 
             
Total
            750,654  
 
             
 
               
Professional Services (0.4%)
               
Diamond Management & Technology Consultants, Inc.
    8,805       71,497  
Heidrick & Struggles International, Inc.
    1,524       40,249  
Manpower, Inc.
    0       15  
On Assignment, Inc.
    18,203  (b)     127,967  
 
             
Total
            239,728  
 
             
 
               
Real Estate Investment Trusts (REITs) (6.0%)
               
American Capital Agency Corp.
    11,354  (d)     312,349  
Anworth Mortgage Asset Corp.
    39,526  (d)     265,219  
Capstead Mortgage Corp.
    53,970       610,940  
Cypress Sharpridge Investments, Inc.
    16,299  (d)     210,909  
Entertainment Properties Trust
    14,077  (d)     615,447  
Extra Space Storage, Inc.
    4,997  (d)     75,055  
First Potomac Realty Trust
    4,285       69,503  
Hatteras Financial Corp.
    11,402  (d)     304,091  
Medical Properties Trust, Inc.
    27,118       272,536  
MFA Financial, Inc.
    42,891       304,955  
Mid-America Apartment Communities, Inc.
    2,936  (d)     162,273  
NorthStar Realty Finance Corp.
    32,784  (d)     154,740  
Omega Healthcare Investors, Inc.
    8,798  (d)     176,136  
Sovran Self Storage, Inc.
    1,588  (d)     58,581  
 
             
Total
            3,592,734  
 
             
 
               
Road & Rail (0.4%)
               
Arkansas Best Corp.
    5,995  (d)     182,607  
Celadon Group, Inc.
    4,246  (b)     63,393  
 
             
Total
            246,000  
 
             
 
               
Semiconductors & Semiconductor Equipment (0.4%)
               
Brooks Automation, Inc.
    6,984  (b)     67,884  
Omnivision Technologies, Inc.
    4,249  (b,d)     74,612  
Silicon Image, Inc.
    23,800  (b)     88,537  
 
             
Total
            231,033  
 
             
 
               
Software (1.0%)
               
JDA Software Group, Inc.
    7,559  (b)     218,456  
Netscout Systems, Inc.
    4,170  (b)     60,548  
Take-Two Interactive Software, Inc.
    9,495  (b,d)     103,211  
TIBCO Software, Inc.
    18,276  (b)     208,346  
 
             
Total
            590,561  
 
             

 


 

                 
Issuer   Shares     Value(a)  
Specialty Retail (6.8%)
               
America’s Car-Mart, Inc.
    3,439  (b)     87,110  
AnnTaylor Stores Corp.
    3,369  (b,d)     73,107  
Asbury Automotive Group, Inc.
    2,889  (b)     44,924  
Brown Shoe Co., Inc.
    3,419       64,277  
Build-A-Bear Workshop, Inc.
    9,576  (b,d)     91,547  
Cabela’s, Inc.
    4,702  (b,d)     85,388  
Christopher & Banks Corp.
    5,175       50,663  
Collective Brands, Inc.
    7,258  (b,d)     170,200  
Conn’s, Inc.
    5,887  (b)     56,103  
DSW, Inc., Class A
    6,874  (b)     207,595  
Genesco, Inc.
    8,959  (b)     298,245  
Group 1 Automotive, Inc.
    3,467  (b,d)     107,650  
Gymboree Corp.
    1,777  (b)     87,304  
HOT Topic, Inc.
    15,180  (d)     115,975  
Jo-Ann Stores, Inc.
    16,412  (b)     724,097  
OfficeMax, Inc.
    3,136  (b)     59,584  
Pacific Sunwear Of California
    15,703  (b,d)     79,457  
Rent-A-Center, Inc.
    28,273  (b)     730,009  
Shoe Carnival, Inc.
    3,257  (b)     90,089  
Sonic Automotive, Inc., Class A
    4,589  (b)     49,011  
Stage Stores, Inc.
    9,037       137,814  
The Dress Barn, Inc.
    12,357  (b)     342,042  
The Finish Line, Inc., Class A
    8,334       134,261  
The Men’s Wearhouse, Inc.
    8,049  (d)     190,198  
 
             
Total
            4,076,650  
 
             
 
               
Textiles, Apparel & Luxury Goods (0.9%)
               
Jones Apparel Group, Inc.
    7,671       166,921  
Quiksilver, Inc.
    30,017  (b)     159,991  
Skechers USA, Inc., Class A
    3,104  (b)     119,038  
Unifirst Corp.
    1,672       81,711  
 
             
Total
            527,661  
 
             
 
               
Thrifts & Mortgage Finance (0.4%)
               
ESB Financial Corp.
    4,204       60,117  
Ocwen Financial Corp.
    13,769  (b,d)     159,032  
 
             
Total
            219,149  
 
             
 
               
Tobacco (1.0%)
               
Alliance One International, Inc.
    10,958  (b,d)     55,776  
Universal Corp.
    10,884  (d)     563,574  
 
             
Total
            619,350  
 
             
 
               
Trading Companies & Distributors (0.7%)
               
H&E Equipment Services, Inc.
    9,814  (b,d)     115,903  
Textainer Group Holdings Ltd.
    3,696  (c)     84,860  
United Rentals, Inc.
    8,825  (b,d)     126,728  
Watsco, Inc.
    1,488       88,119  
 
             
Total
            415,610  
 
             
Total Common Stocks
(Cost: $49,002,359)
          $ 58,060,545  
 
             

 


 

Money Market Fund (3.7%)
                 
    Shares     Value(a)  
RiverSource Short-Term Cash Fund, 0.21%
    2,267,588  (f)   $ 2,267,588  
 
             
Total Money Market Fund
(Cost: $2,267,588)
          $ 2,267,588  
 
             
Investments of Cash Collateral Received for Securities on Loan (24.5%)
                         
            Amount        
    Effective     payable at        
Issuer   yield     maturity     Value(a)  
Repurchase Agreements(e)
                       
Cantor Fitzgerald
                       
dated 04-30-10, matures 05-03-10,
repurchase price
                       
$5,000,092
    0.22 %   $ 5,000,000     $ 5,000,000  
Goldman Sachs
                       
dated 04-30-10, matures 05-03-10,
repurchase price
                       
$4,816,481
    0.19       4,816,405       4,816,405  
$5,000,104
    0.25       5,000,000       5,000,000  
 
                     
Total Investments of Cash Collateral Received for Securities on Loan
                       
(Cost: $14,816,405)
                  $ 14,816,405  
 
                     
 
Total Investments in Securities
                       
(Cost: $66,086,352)(g)
                  $ 75,144,538  
 
                     
Investments in Derivatives
At April 30, 2010, $132,000 was held in a margin deposit account as collateral to cover initial margin requirements on open stock index futures contracts.
Futures Contracts Outstanding at April 30, 2010
                                 
    Number of                   Unrealized
    contracts   Notional   Expiration   appreciation
Contract description   long (short)   market value   date   (depreciation)
 
Russell 2000 Mini Index
    30     $ 2,146,500     June 2010   $ (73,553 )
The industries identified above are based on the Global Industry Classification Standard (GICS), which 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.
Notes to Portfolio of Investments
(a)   Securities are valued by using policies described in Note 2 to the financial statements in the most recent Semiannual Report dated Jan. 31, 2010.
 
(b)   Non-income producing.
 
(c)   Foreign security values are stated in U.S. dollars. At April 30, 2010, the value of foreign securities, excluding short-term securities, represented 5.89% of net assets.
 
(d)   At April 30, 2010, security was partially or fully on loan.

 


 

(e)   The table below represents securities received as collateral subject to repurchase agreements. This collateral, which is generally high quality short-term obligations, is deposited with the Fund’s custodian and, pursuant to the terms of the repurchase agreement, must have an aggregate market value greater than or equal to the repurchase price plus accrued interest at all times. The market value of securities held as collateral for repurchase agreements is monitored on a daily basis to ensure the existence of the proper level of collateral.
Cantor Fitzgerald (0.22%)
         
Security description   Value (a)  
 
Fannie Mae Discount Notes
  $ 6,362  
Fannie Mae Interest Strip
    27,412  
Fannie Mae Pool
    3,386,704  
Fannie Mae Principal Strip
    639  
Fannie Mae REMICS
    100,189  
Federal Farm Credit Bank
    87,812  
Federal Home Loan Banks
    81,413  
Federal Home Loan Mortgage Corp
    113,973  
Federal National Mortgage Association
    82,036  
Freddie Mac Non Gold Pool
    379,138  
Freddie Mac Reference REMIC
    5,396  
Freddie Mac REMICS
    117,694  
Freddie Mac Strips
    68,463  
Ginnie Mae I Pool
    168,045  
Ginnie Mae II Pool
    124,749  
Government National Mortgage Association
    28,257  
United States Treasury Inflation Indexed Bonds
    23,011  
United States Treasury Note/Bond
    40,106  
United States Treasury Strip Coupon
    256,013  
United States Treasury Strip Principal
    2,588  
 
Total market value of collateral securities
  $ 5,100,000  
 
Goldman Sachs (0.19%)
         
Security description   Value (a)  
 
Fannie Mae Pool
  $ 3,532,235  
Freddie Mac Gold Pool
    1,190,348  
Freddie Mac Non Gold Pool
    190,150  
 
Total market value of collateral securities
  $ 4,912,733  
 
Goldman Sachs (0.25%)
         
Security description   Value (a)  
 
Allied Irish Banks PLC/New York NY
  $ 763,158  
Banco Bilbao Vizcaya Argentaria/NY
    27,622  
Bank of Nova Scotia
    1,687  
BNP Paribas NY
    582,063  
Calyon NY
    38,985  

 


 

         
Security description   Value (a)  
 
Credit Agricole Corporate and Investment Bank/New York
    382,684  
Dexia Credit Local NY
    424,893  
DnB NOR Bank
    3,439  
Natixis/New York NY
    1,368,599  
Nordea Bank Finland PLC
    114,336  
Rabobank Nederland NV/NY
    189,474  
Royal Bank of Scotland PLC/Greenwich CT
    36,353  
Sanpaolo IMI SpA/New York
    11,575  
Societe Generale NY
    168,421  
Standard Chartered Banking
    230,150  
Sumitomo Mitsui Banking Corp/New York
    499,999  
Svenska Handelsbanken/New York NY
    16,395  
Toronto Dominion Bank/NY
    373,684  
UBS AG Stamford
    16,483  
 
Total market value of collateral securities
  $ 5,250,000  
 
(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, 2010.
 
(g)   At April 30, 2010, the cost of securities for federal income tax purposes was approximately $66,086,000 and the approximate aggregate gross unrealized appreciation and depreciation based on that cost was:
         
Unrealized appreciation
  $ 10,009,000  
Unrealized depreciation
    (950,000 )
 
Net unrealized appreciation
  $ 9,059,000  
 

 


 

Fair Value Measurements
Generally accepted accounting principles (GAAP) require disclosure regarding the inputs and valuation techniques used to measure fair value and any changes in valuation inputs or techniques. In addition, investments shall be disclosed by major category.
The Fund categorizes its fair value measurements according to a three-level hierarchy that maximizes the use of observable inputs and minimizes the use of unobservable inputs by prioritizing that the most observable input be used when available. Observable inputs are those that market participants would use in pricing an investment based on market data obtained from sources independent of the reporting entity. Unobservable inputs are those that reflect the Fund’s assumptions about the information market participants would use in pricing an investment. An investment’s level within the fair value hierarchy is based on the lowest level of any input that is deemed significant to the asset or liability’s fair value measurement. The input levels are not necessarily an indication of the risk or liquidity associated with investments at that level. For example, certain U.S. government securities are generally high quality and liquid, however, they are reflected as Level 2 because the inputs used to determine fair value may not always be quoted prices in an active market.
Fair value inputs are summarized in the three broad levels listed below:
    Level 1 — Valuations based on quoted prices for investments in active markets that the Fund has the ability to access at the measurement date. Valuation adjustments are not applied to Level 1 investments.
 
    Level 2 — Valuations based on other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risks, etc.).
 
    Level 3 — Valuations based on significant unobservable inputs (including the Fund’s own assumptions and judgment in determining the fair value of investments).
Inputs that are used in determining fair value of an investment may include price information, credit data, volatility statistics, and other factors. These inputs can be either observable or unobservable. The availability of observable inputs can vary between investments, and is affected by various factors such as the type of investment, and the volume and level of activity for that investment or similar investments in the marketplace. The inputs will be considered by the Fund Administrator, along with any other relevant factors in the calculation of an investment’s fair value. The Fund uses prices and inputs that are current as of the measurement date, which may include periods of market dislocations. During these periods, the availability of prices and inputs may be reduced for many investments. This condition could cause an investment to be reclassified between the various levels within the hierarchy.
Non-U.S. equity securities actively traded in foreign markets may be reflected in Level 2 despite the availability of closing prices, because the Fund evaluates and determines whether those closing prices reflect fair value at the close of the New York Stock Exchange (NYSE) or require adjustment, as described in Note 2 to the financial statements — Valuation of securities in the most recent Semiannual Report dated Jan. 31, 2010.
Investments falling into the Level 3 category are primarily supported by quoted prices from brokers and dealers participating in the market for those investments. However, these may be classified as Level 3 investments due to lack of market transparency and corroboration to support these quoted prices. Additionally, valuation models may be used as the pricing source for any remaining investments classified as Level 3. These models rely on one or more significant unobservable inputs and/or significant assumptions by the Fund Administrator. Inputs used in a valuation model may include, but are not limited to, financial statement analysis, discount rates and estimated cash flows, and comparable company data.

 


 

The following table is a summary of the inputs used to value the Fund’s investments as of April 30, 2010:
                                 
    Fair value at April 30, 2010
    Level 1   Level 2        
    quoted prices   other   Level 3    
    in active   significant   significant    
    markets for   observable   unobservable    
Description(a)   identical assets   inputs   inputs   Total
 
Equity Securities
                               
Common Stocks
  $ 58,060,545     $     $     $ 58,060,545  
 
Total Equity Securities
    58,060,545                   58,060,545  
 
 
                               
Other
                               
Affiliated Money Market Fund (b)
    2,267,588                   2,267,588  
Investments of Cash Collateral Received for Securities on Loan
          14,816,405             14,816,405  
 
Total Other
    2,267,588       14,816,405             17,083,993  
 
 
                               
Investments in Securities
    60,328,133       14,816,405             75,144,538  
Other Financial Instruments (c)
    (73,553 )                 (73,553 )
 
 
                               
Total
  $ 60,254,580     $ 14,816,405     $     $ 75,070,985  
 
(a)   See the Portfolio of Investments for all investment classifications not indicated in the table.
 
(b)   Money market fund that is a sweep investment for cash balances in the Fund at April 30, 2010.
 
(c)   Other Financial Instruments are derivative instruments, which are valued at the unrealized appreciation (depreciation) on the instrument. Derivative descriptions are located in the Investments in Derivatives section of the Portfolio of Investments.

 


 

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 Dimensions Series, Inc.
         
   
By   /s/ J. Kevin Connaughton    
  J. Kevin Connaughton   
  President and Principal Executive Officer   
 
Date June 28, 2010
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.
         
   
By   /s/ J. Kevin Connaughton    
  J. Kevin Connaughton   
  President and Principal Executive Officer   
 
Date June 28, 2010
         
   
By   /s/ Jeffrey P. Fox    
  Jeffrey P. Fox   
  Treasurer and Principal Financial Officer   
 
Date June 28, 2010

 

EX-99.CERT 2 c58500exv99wcert.htm EX-99.CERT exv99wcert
Exhibit
Certification Pursuant to
270.30a-2 of the Investment Company Act of 1940
I, J. Kevin Connaughton, certify that:
  1.   I have reviewed this report on Form N-Q of RiverSource Dimensions 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 24, 2010
         
/s/ J. Kevin Connaughton    
Name:   J. Kevin Connaughton   
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 Dimensions 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 24, 2010
         
/s/ Jeffrey P. Fox    
Name:   Jeffrey P. Fox   
Title:   Treasurer and Principal Financial Officer   
 

 

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