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 811-5696

RIVERSOURCE GLOBAL 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: 10/31

Date of reporting period: 01/31

Portfolio of Investments
RiverSource Absolute Return Currency and Income Fund
Jan. 31, 2010 (Unaudited)

(Percentages represent value of investments compared to net assets)

Investments in Securities

Bonds (14.2%)

	Coupon			Principal
Issuer	Rate			Amount			Value(a)
Supranational (0.9%)
Inter-American Development Bank
Sr Unsecured
03-16-11		0.45	%	$	2,000,000	(c,g)	$	1,999,382
Asset-Backed (3.8%)
Citibank Credit Card Issuance Trust
Series 2007-A1 Cl A1
03-22-12		0.24			1,000,000	(g)		999,591
Countrywide Home Equity Loan Trust
Series 2005-H Cl 2A (FGIC)
12-15-35		0.47			141,848	(e,g)		47,211
Keycorp Student Loan Trust
Series 2003-A Cl 2A2 (NPFGC)
10-25-25		0.56			207,426	(e,g)		200,751
Northstar Education Finance
Series 2007-1 Cl A2
01-29-46		0.27			750,000	(g)		749,700
SLM Student Loan Trust
Series 2005-5 Cl A2
10-25-21		0.33			880,689	(g)		876,551
SLM Student Loan Trust
Series 2005-8 Cl A2
07-25-22		0.34			1,200,722	(g)		1,198,054
SLM Student Loan Trust
Series 2005-B Cl A1
12-16-19		0.29			179,848	(g)		179,408
SLM Student Loan Trust
Series 2006-A Cl A1
03-16-20		0.27			247,014	(g)		245,126
SLM Student Loan Trust
Series 2006-A Cl A2
12-15-20		0.33			2,000,000	(g)		1,940,126
SLM Student Loan Trust
Series 2006-C Cl A2
09-15-20		0.30			875,254	(g)		831,987
SLM Student Loan Trust
Series 2007-2 Cl A2
07-25-17		0.25			1,000,000	(g)		990,825
Total								8,259,330
Commercial Mortgage-Backed (1.4%)(f)
GS Mtge Securities II
Series 2007-EOP Cl A2
03-06-20		0.36			1,200,000	(d,g)		1,120,314

	Coupon		Principal
Issuer	Rate		Amount			Value(a)
GS Mtge Securities II
Series 2007-EOP Cl A3
03-06-20		0.41		1,770,000	(d,g)		1,625,848
Morgan Stanley Dean Witter Capital I
Series 2002-TOP7 Cl A1
01-15-39		5.38		332,298			335,820
Total							3,081,982
Residential Mortgage-Backed (0.2%)(f)
Deutsche Bank Alternate Mtge Loan Trust
Collateralized Mtge Obligation
Series 2006-AR6 Cl A3
02-25-37		0.32		66,477	(g)		63,924
Downey Savings & Loan Assn Mtge Loan Trust
Collateralized Mtge Obligation
Series 2006-AR2 Cl 2AB1
11-19-37		0.32		150,671	(g)		145,342
Harborview Mtge Loan Trust
Collateralized Mtge Obligation
Series 2006-12 Cl 2A11
01-19-38		0.32		188,058	(g)		185,323
Total							394,589
Automotive (1.2%)
American Honda Finance
Sr Unsecured
02-05-10		0.68		2,500,000	(d,g)		2,499,673
Banking (2.9%)
Bank of New York Mellon
Sr Unsecured
02-05-10		0.68		3,000,000	(g)		3,000,340
Royal Bank of Scotland
Govt Guaranteed
05-11-12		0.97		2,000,000	(c,d,g)		2,025,884
US Bancorp
Sr Unsecured
02-04-10		0.68		1,250,000	(g)		1,250,088
Total							6,276,312
Brokerage (0.1%)
Lehman Brothers Holdings
Sr Unsecured
10-22-08		0.00		640,000	(b,g,h)		132,000
Construction Machinery (3.0%)
Caterpillar Financial Services
Sr Unsecured
02-08-10		0.73		2,000,000	(g)		2,000,235
John Deere Capital
Sr Unsecured
01-18-11		0.95		4,500,000	(g)		4,523,954
Total							6,524,189

	Coupon		Principal
Issuer	Rate		Amount			Value(a)
Health Care Insurance (0.7%)
UnitedHealth Group
Sr Unsecured
06-21-10		0.43		1,500,000	(g)		1,499,959
Total Bonds (Cost: $31,447,873)						$	30,667,416

FDIC-Insured Debt (1.9%)

	Coupon			Principal
Issuer	rate			amount			Value(a)
U.S. Agencies
Bank of America
FDIC Govt Guaranty
06-22-12		0.45	%	$	2,000,000	(g)	$	2,012,010
General Electric Capital
FDIC Govt Guaranty
03-11-11		0.34			2,000,000	(g)		2,002,928
Total FDIC-Insured Debt (Cost: $4,000,000)							$	4,014,938

Money Market Fund (84.5%)

	Shares			Value(a)
RiverSource Short-Term Cash Fund, 0.16%		182,368,064	(i)	$	182,368,064
Total Money Market Fund (Cost: $182,368,064)				$	182,368,064
Total Investments in Securities (Cost: $217,815,937)(j)				$	217,050,418

Investments in Derivatives

Forward Foreign Currency Contracts Open at Jan. 31, 2010

			Currency to be		Unrealized		Unrealized
Exchange date	Currency to be delivered		received		appreciation		depreciation
Feb. 23, 2010		55,848,000		54,166,878	$	1,937,198	$	—
	Canadian Dollar		U.S. Dollar
Feb. 23, 2010		22,343,000		31,613,111		638,126		—
	European Monetary Unit		U.S. Dollar
Feb. 23, 2010		152,384,000		21,715,165		1,089,128		—
	Swedish Krona		U.S. Dollar
Feb. 23, 2010		32,450,492		34,965,000		—		(1,590,609	)
	U.S. Dollar		Australian Dollar
Feb. 23, 2010		53,688,906		306,055,000		—		(2,056,631	)
	U.S. Dollar		Norwegian Krone
Feb. 23, 2010		21,090,325		21,939,000		—		(402,572	)
	U.S. Dollar		Swiss Franc
Total					$	3,664,452	$	(4,049,812	)

Notes to Portfolio of Investments

(a)	Securities are valued by using policies described in Note 2 to the financial statements in the most recent Annual Report dated Oct. 31, 2009.
(b)	Non-income producing. For long-term debt securities, item identified is in default as to payment of interest and/or principal.
(c)	Foreign security values are stated in U.S. dollars. For debt securities, principal amounts are denominated in U.S. dollar currency unless otherwise noted. At Jan. 31, 2010, the value of foreign securities, excluding short-term securities, represented 1.87% 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 Jan. 31, 2010, the value of these securities amounted to $7,271,719 or 3.37% of net assets.
(e)	The following abbreviations are used in the portfolio security descriptions to identify the insurer of the issue:

FGIC	—	Financial Guaranty Insurance Company
NPFGC	—	National Public Finance Guarantee Corporation

(f) Mortgage-backed securities represent direct or indirect participations in, or are secured by and payable from, mortgage loans secured by real property, and include single- and multi-class pass-through securities and collateralized mortgage obligations. These securities may be issued or guaranteed by U.S. government agencies or instrumentalities, or by private issuers, generally originators and investors in mortgage loans, including savings associations, mortgage bankers, commercial banks, investment bankers and special purpose entities. The maturity dates shown represent the original maturity of the underlying obligation. Actual maturity may vary based upon prepayment activity on these obligations. Unless otherwise noted, the coupon rates presented are fixed rates.

(g)	Interest rate varies either based on a predetermined schedule or to reflect current market conditions; rate shown is the effective rate on Jan. 31, 2010.
(h)	This position is in bankruptcy.
(i)	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 Jan. 31, 2010.
(j)	At Jan. 31, 2010, the cost of securities for federal income tax purposes was approximately $217,816,000 and the approximate aggregate gross unrealized appreciation and depreciation based on that cost was:

Unrealized appreciation	$	91,000
Unrealized depreciation		(857,000	)
Net unrealized depreciation	$	(766,000	)

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.

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 Jan. 31, 2010:

	Fair value at Jan. 31, 2010
	Level 1		Level 2
	quoted prices		other			Level 3
	in active		significant			significant
	markets for		observable			unobservable
Description	identical assets		inputs			inputs		Total
Bonds
Foreign Government Obligations & Agencies	$	—	$	1,999,382		$	—	$	1,999,382
Asset-Backed Securities		—		8,259,330			—		8,259,330
Commercial Mortgage-Backed Securities		—		3,081,982			—		3,081,982
Residential Mortgage-Backed Securities		—		394,589			—		394,589
Corporate Debt Securities		—		16,932,133			—		16,932,133
Total Bonds		—		30,667,416			—		30,667,416
Other
FDIC-Insured Debt		—		4,014,938			—		4,014,938
Affiliated Money Market Fund		182,368,064		—			—		182,368,064
Total Other		182,368,064		4,014,938			—		186,383,002
Investments in Securities		182,368,064		34,682,354			—		217,050,418
Other Financial Instruments (a)		—		(385,360	)		—		(385,360	)
Total	$	182,368,064	$	34,296,994		$	—	$	216,665,058

(a) 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 Emerging Markets Bond Fund
Jan. 31, 2010 (Unaudited)

(Percentages represent value of investments compared to net assets)

Investments in Securities

Bonds (95.2%)(c)

	Coupon			Principal
Issuer	Rate			Amount			Value(a)
Argentina (3.2%)
Banco Hipotecario
Sr Unsecured
04-27-16		9.75	%	$	975,000	(d)	$	839,666
Republic of Argentina
Sr Unsecured
09-12-13		7.00			7,200,000			6,255,000
10-03-15		7.00			1,000,000	(i)		777,500
12-15-35		0.00			12,950,000	(g)		725,200
Total								8,597,366
Brazil (10.3%)
Banco Nacional de Desenvolvimento Economico e Social
06-10-19		6.50			1,300,000	(d)		1,354,397
Banco Nacional de Desenvolvimento Economico e Social
Sr Unsecured
06-16-18		6.37			3,650,000	(d)		3,777,750
Bertin Ltda
Sr Unsecured
10-05-16		10.25			580,000	(d)		594,500
Centrais Eletricas Brasileiras
Sr Unsecured
07-30-19		6.88			1,500,000	(d)		1,572,249
CSN Islands XI
09-21-19		6.88			1,000,000	(d)		989,661
Federative Republic of Brazil
(Brazilian Real)
01-05-16		12.50			350,000			214,766
Federative Republic of Brazil
Sr Unsecured
01-17-17		6.00			1,500,000			1,599,750
01-15-19		5.88			1,400,000			1,466,500
10-14-19		8.88			1,358,000			1,721,265
01-07-41		5.63			1,000,000			910,000
Marfrig Overseas
11-16-16		9.63			1,130,000	(d)		1,152,600
Morgan Stanley
(Brazilian Real) Sr Unsecured
05-03-17		10.09			4,600,000	(d)		2,252,046
Nota do Tesouro Nacional
(Brazilian Real) Series F
01-01-12		10.00			489,500			2,528,750
01-01-13		10.00			1,006,100			5,057,319
Petrobras Intl Finance
01-20-20		5.75			1,500,000			1,483,299
01-20-40		6.88			1,000,000			1,005,797
Total								27,680,649

	Coupon		Principal
Issuer	Rate		Amount			Value(a)
Cayman Islands (3.5%)
Govt of the Cayman Islands
11-24-19		5.95		1,800,000	(d)		1,785,151
Peru Enhanced Pass-Thru
Sr Secured Zero Coupon
05-31-18		4.27		6,621,371	(b,d,j)		5,115,009
Petrobras Intl Finance
03-15-19		7.88		2,300,000			2,608,041
Total							9,508,201
Chile (0.5%)
Empresa Nacional Del Petroleo
Sr Unsecured
07-08-19		6.25		1,200,000	(d)		1,258,770
Colombia (5.6%)
Ecopetrol
Sr Unsecured
07-23-19		7.63		1,400,000			1,515,500
Empresas Publicas de Medellin
Sr Unsecured
07-29-19		7.63		900,000	(d)		977,507
Republic of Colombia
09-18-37		7.38		4,450,000			4,728,125
Republic of Colombia
(Colombian Peso)
10-22-15		12.00		2,693,000,000			1,659,278
06-28-27		9.85		1,000,000,000			582,744
Republic of Colombia
Sr Unsecured
03-18-19		7.38		1,000,000			1,117,500
05-21-24		8.13		400,000			464,000
01-18-41		6.13		3,600,000			3,282,963
Santa Fe de Bogota
(Colombian Peso) Sr Unsecured
07-26-28		9.75		1,377,000,000	(d)		763,808
Total							15,091,425
Croatia (0.4%)
Republic of Croatia
Sr Unsecured
11-05-19		6.75		1,000,000	(d)		1,056,250
Dominican Republic (0.9%)
Aes Dominicana Energia Finance
12-13-15		11.00		1,050,000	(d)		1,039,500
Cerveceria Nacional Dominicana
03-27-12		16.00		1,450,000	(d)		1,419,405
Total							2,458,905
El Salvador (2.1%)
Republic of El Salvador
12-01-19		7.38		700,000	(d)		736,750
04-10-32		8.25		1,050,000	(d)		1,116,938
06-15-35		7.65		2,310,000	(d)		2,344,650
Republic of El Salvador
Sr Unsecured
01-24-23		7.75		1,460,000	(d)		1,587,750
Total							5,786,088

	Coupon		Principal
Issuer	Rate		Amount			Value(a)
Gabon (0.4%)
Republic of Gabonese
12-12-17		8.20		1,000,000	(d)		1,082,500
Indonesia (9.0%)
Govt of Indonesia
(Indonesian Rupiah) Series FR31
11-15-20		11.00		9,000,000,000			1,031,545
Govt of Indonesia
(Indonesian Rupiah)
05-15-16		10.75		4,470,000,000			519,471
Govt of Indonesia
(Indonesian Rupiah) Series FR26
10-15-14		11.00		6,000,000,000			703,823
Govt of Indonesia
(Indonesian Rupiah) Series FR28
07-15-17		10.00		10,000,000,000			1,114,887
Govt of Indonesia
(Indonesian Rupiah) Series FR34
06-15-21		12.80		12,800,000,000			1,630,353
Govt of Indonesia
(Indonesian Rupiah) Series FR36
09-15-19		11.50		23,500,000,000			2,792,057
Govt of Indonesia
(Indonesian Rupiah)
07-15-22		10.25		29,000,000,000			3,156,156
Perusahaan Penerbit SBSN
04-23-14		8.80		1,900,000	(d)		2,206,013
Republic of Indonesia
03-13-20		5.88		2,000,000	(d,i)		2,027,500
Republic of Indonesia
Sr Unsecured
01-17-18		6.88		920,000	(d,i)		1,002,800
10-12-35		8.50		2,100,000	(d)		2,483,250
02-17-37		6.63		1,950,000	(d)		1,903,688
01-17-38		7.75		3,300,000	(d)		3,642,375
Total							24,213,918
Iraq (0.3%)
Republic of Iraq
01-15-28		5.80		1,100,000	(d)		841,500
Kazakhstan (1.3%)
KazMunaiGaz Finance
07-02-18		9.13		2,995,000	(d)		3,485,133
Luxembourg (4.9%)
Gaz Capital for Gazprom
Sr Unsecured
11-22-16		6.21		4,350,000	(d)		4,284,750
Gaz Capital
Sr Unsecured
07-31-14		8.13		1,000,000	(d)		1,086,220
08-16-37		7.29		2,950,000	(d)		2,773,000

	Coupon		Principal
Issuer	Rate		Amount			Value(a)
MHP
Sr Secured
11-30-11		10.25		1,250,000	(d)		1,150,000
TNK-BP Finance
03-20-17		6.63		300,000	(d)		292,500
03-13-18		7.88		2,625,000	(d)		2,730,000
02-02-20		7.25		1,000,000	(d,e)		985,290
Total							13,301,760
Mexico (8.0%)
Mexican Fixed Rate Bonds
(Mexican Peso)
12-19-13		8.00		6,330,000			504,574
12-17-15		8.00		19,400,000			1,529,634
12-15-16		7.25		33,010,000			2,481,545
12-14-17		7.75		39,100,000			2,993,796
Pemex Project Funding Master Trust
03-15-15		4.88		2,000,000	(d)		2,011,695
03-01-18		5.75		4,450,000			4,475,730
06-15-35		6.63		4,304,000	(i)		4,003,727
06-15-38		6.63		2,000,000			1,850,222
Petroleos Mexicanos
05-03-19		8.00		1,600,000			1,824,000
Total							21,674,923
Netherlands (5.3%)
Intergas Finance
05-14-17		6.38		300,000	(d)		296,428
KazMunaiGaz Finance
01-23-15		11.75		1,800,000	(d,i)		2,251,523
Lukoil Intl Finance
11-05-19		7.25		2,900,000	(d)		2,955,128
Majapahit Holding
10-17-16		7.75		2,030,000	(d)		2,161,950
06-28-17		7.25		1,150,000	(d)		1,178,750
08-07-19		8.00		2,100,000	(d)		2,226,000
01-20-20		7.75		2,900,000	(d)		3,001,499
06-29-37		7.88		200,000	(d)		194,500
Total							14,265,778
Peru (2.1%)
Banco de Credito del Peru
10-15-22		7.17		4,000,000	(d)		1,376,050
Republic of Peru
Sr Unsecured
03-30-19		7.13		700,000			796,250
07-21-25		7.35		500,000			558,750
03-14-37		6.55		2,900,000			2,914,500
Total							5,645,550
Philippine Islands (4.7%)
Natl Power
11-02-16		6.88		900,000	(d)		960,876
Power Sector Assets & Liabilities Management
05-27-19		7.25		2,750,000	(d)		2,908,125
12-02-24		7.39		2,000,000	(d)		2,065,693
Republic of Philippines
01-14-31		7.75		500,000	(i)		551,250

	Coupon		Principal
Issuer	Rate		Amount			Value(a)
Republic of Philippines
Sr Unsecured
06-17-19		8.38		1,143,000			1,377,315
01-20-20		6.50		1,500,000			1,597,792
01-20-20		6.50		1,500,000	(e)		1,588,125
01-20-20		6.50		1,100,000			1,164,625
01-15-32		6.38		600,000			574,500
Total							12,788,301
Qatar (2.2%)
Qtel Intl Finance
06-10-19		7.88		1,000,000	(d)		1,121,086
Ras Laffan Liquefied Natural Gas 3
Sr Secured
09-30-14		5.50		800,000	(d)		839,697
State of Qatar
Sr Nts
04-09-19		6.55		400,000	(d)		440,905
01-20-20		5.25		2,600,000	(d,i)		2,613,000
01-20-40		6.40		1,000,000	(d)		992,500
Total							6,007,188
Russia (7.0%)
Gaz Capital
Sr UnSecured
04-11-18		8.15		550,000	(d)		596,750
Gazstream
07-22-13		5.63		243,467	(d,i)		249,554
Russian Federation
03-31-30		7.50		8,752,340	(d)		9,842,006
TransCapitalInvest for Transneft
Secured
08-07-18		8.70		7,080,000	(d)		8,174,079
Total							18,862,389
South Korea (1.0%)
Export-Import Bank of Korea
Sr Unsecured
01-21-14		8.13		700,000			811,421
01-14-15		5.88		1,650,000			1,772,567
Total							2,583,988
Supra-National (2.3%)
Central American Bank
Sr Nts
09-24-14		5.38		2,000,000	(d)		2,091,840
Corp Andina de Fomento
Sr Unsecured
06-04-19		8.13		3,400,000			4,018,110
Total							6,109,950
Trinidad and Tobago (0.8%)
Petro Trinidad/Tabago
Sr Unsecured
08-14-19		9.75		1,800,000	(d)		2,035,032

	Coupon		Principal
Issuer	Rate		Amount			Value(a)
Turkey (7.3%)
Republic of Turkey
03-15-15		7.25		1,500,000			1,676,250
04-03-18		6.75		1,550,000			1,677,875
06-05-20		7.00		1,800,000			1,953,000
03-17-36		6.88		4,450,000			4,416,625
05-30-40		6.75		3,500,000			3,399,375
Republic of Turkey
Sr Unsecured
07-14-17		7.50		1,300,000			1,469,000
03-11-19		7.00		1,300,000			1,420,250
11-07-19		7.50		3,375,000			3,796,875
Total							19,809,250
Ukraine (0.3%)
Govt of Ukraine
06-26-12		6.39		850,000	(d)		788,375
United Arab Emirates (0.7%)
TDIC Finance
07-02-14		6.50		1,800,000	(d,i)		1,870,287
United Kingdom (1.0%)
Vedanta Resources
Sr Unsecured
07-18-18		9.50		2,500,000	(d,i)		2,688,863
Uruguay (2.7%)
Republic of Uruguay
05-17-17		9.25		400,000			493,000
Republic of Uruguay
Pay-in-kind
01-15-33		7.88		198,500	(h)		215,869
Republica Orient Uruguay
(Uruguay Peso)
04-05-27		4.25		82,941,406	(f)		4,019,140
06-26-37		3.70		16,928,565	(f)		731,105
Republica Orient Uruguay
Sr Unsecured
03-21-36		7.63		1,783,939			1,922,194
Total							7,381,308
Venezuela (7.4%)
Petroleos de Venezuela
10-28-16		5.13		2,600,000			1,414,329
04-12-17		5.25		11,100,000			6,715,500
Republic of Venezuela
02-26-16		5.75		6,189,500			4,363,598
03-31-38		7.00		1,800,000			1,014,750
Republic of Venezuela
Sr Unsecured
10-08-14		8.50		794,000			647,110
05-07-23		9.00		8,150,000			5,745,750
Total							19,901,037
Total Bonds (Cost: $242,335,681)						$	256,774,684

Money Market Fund (1.2%)

	Shares			Value(a)
RiverSource Short-Term Cash Fund, 0.16%		3,276,700	(k)	$	3,276,700
Total Money Market Fund (Cost: $3,276,700)				$	3,276,700

Investments of Cash Collateral Received for Securities on Loan (2.7%)

	Shares		Value(a)
Cash Collateral Reinvestment Fund
JPMorgan Prime Money Market Fund		7,209,262	$	7,209,262
Total Investments of Cash Collateral Received for Securities on Loan (Cost: $7,209,262)			$	7,209,262
Total Investments in Securities (Cost: $252,821,643)(l)			$	267,260,646

Investments in Derivative

Credit Default Swap Contracts Outstanding at Jan. 31, 2010
Buy Protection

										Unamortized			Periodic
										premium			payments
			Pay fixed					Market		(paid)			receivable			Unrealized
Counterparty	Reference entity	Expiration date	rate			Notional amount		Value		received			(payable)			depreciation
JPMorgan Chase Bank	CDX Emerging	Dec. 20, 2013		2.65	%	$	2,000,000	$	29,774	$	(288,879	)	$	(6,036	)	$	(265,141	)
	Markets Index

Credit Default Swap Contracts Outstanding at Jan. 31, 2010
Sell Protection

Unamortized

Periodic

premium

payments

Receive

Market

(paid)

receivable

Unrealized

Counterparty

Reference entity

Expiration date

fixed rate

Notional amount

Value

received

(payable)

depreciation

Merril Lynch Intl

CDX Emerging

June 20, 2013

2.65

%

$

2,000,000

$

(25,802

)

$

—

$

6,036

$

(19,766

)

Markets Index

Notes to Portfolio of Investments

(a)	Securities are valued by using policies described in Note 2 to the financial statements in the most recent Annual Report dated Oct. 31, 2009.
(b)	Non-income producing. For long-term debt securities, item identified is in default as to payment of interest and/or principal.
(c)	Foreign security values are stated in U.S. dollars. For debt securities, principal amounts are denominated in U.S. dollar currency unless otherwise noted.
(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 Jan. 31, 2010, the value of these securities amounted to $121,643,067 or 45.08% of net assets.
(e)	At Jan. 31, 2010, the cost of securities purchased, including interest purchased, on a when-issued and/or other forward-commitment basis was $2,576,380.
(f)	These inflation-indexed bonds are securities in which the principal amount disclosed represents the original face.
(g)	This is a variable rate security that entitles holders to receive only interest payments. Interest is paid annually. The interest payment is based on the Gross Domestic Product (GDP) level of the previous year for the respective country. To the extent that the previous year’s GDP exceeds the ‘base case GDP’, an interest payment is made equal to 0.012225 of the difference.
(h)	Pay-in-kind securities are securities in which the issuer makes interest or dividend payments in cash or in additional securities. The securities usually have the same terms as the original holdings.
(i)	At Jan. 31, 2010, security was partially or fully on loan.
(j)	For zero coupons, the interest rate disclosed represents the annualized effective yield on the date of acquisition.
(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 Jan. 31, 2010.
(l)	At Jan. 31, 2010, the cost of securities for federal income tax purposes was approximately $252,822,000 and the approximate aggregate gross unrealized appreciation and depreciation based on that cost was:

Unrealized appreciation	$	17,969,000
Unrealized depreciation		(3,530,000	)
Net unrealized appreciation	$	14,439,000

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.

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 Jan. 31, 2010:

	Fair value at Jan. 31, 2010
	Level 1		Level 2
	quoted prices		other			Level 3
	in active		significant			significant
	markets for		observable			unobservable
Description	identical assets		inputs			inputs		Total
Bonds
Foreign Government Obligations & Agencies	$	—	$	190,274,359		$	5,115,009	$	195,389,368
Corporate Debt Securities		—		58,589,861			2,795,455		61,385,316
Total Bonds		—		248,864,220			7,910,464		256,774,684
Other
Affiliated Money Market Fund(a)		3,276,700		—			—		3,276,700
Investments of Cash Collateral Received for Securities on Loan(b)		7,209,262		—			—		7,209,262
Total Other		10,485,962		—			—		10,485,962
Investments in Securities		10,485,962		248,864,220			7,910,464		267,260,646
Other Financial Instruments(c)		—		(284,907	)		—		(284,907	)
Total	$	10,485,962	$	248,579,313		$	7,910,464	$	266,975,739

(a)	Money market fund that is a sweep investment for cash balances in the Fund at Jan. 31, 2010.
(b)	Asset categories for Investments of Cash Collateral are identified in the Portfolio of Investments.
(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.

The following table is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value.

	Foreign Government
	Obligations &
	Agencies			Corporate Debt Securities			Total
Balance as of Oct. 31, 2009	$	5,251,716		$	2,703,228		$	7,954,944
Accrued discounts/premiums		50,482			(1,244	)		49,238
Realized gain (loss)		75,024			—			75,024
Change in unrealized appreciation (depreciation)*		3,913			88,135			92,048
Net purchases (sales)		(266,126	)		5,336			(260,790	)
Transfers in and/or out of Level 3		—			—			—
Balance as of Jan. 31, 2010	$	5,115,009		$	2,795,455		$	7,910,464

*  Change in unrealized appreciation (depreciation) relating to securities held at Jan. 31, 2010 was $72,130, which is comprised of Foreign Government Obligations & Agencies of $3,913 and Corporate Debt Securities of $68,217.

Portfolio of Investments
RiverSource Global Bond Fund
Jan. 31, 2010 (Unaudited)

(Percentages represent value of investments compared to net assets)

Investments in Securities

Bonds (96.8%)(c)

	Coupon			Principal
Issuer	Rate			Amount			Value(a)
Argentina (0.2%)
Republic of Argentina
Sr Unsecured
09-12-13		7.00	%	$	1,033,000		$	897,419
12-15-35		0.00			2,900,000	(g)		162,400
Total								1,059,819
Australia (1.5%)
Australia & New Zealand Banking Group
(Australian Dollar)
11-08-11		6.50			420,000			378,151
New South Wales Treasury
(Australian Dollar)
05-01-12		6.00			6,300,000			5,699,587
Telstra
Sr Unsecured
04-01-12		6.38			500,000	(o)		545,580
Westpac Banking
(Australian Dollar) Sr Unsecured
09-24-12		7.25			600,000			548,203
Woodside Finance
11-10-14		4.50			520,000	(d)		533,433
Total								7,704,954
Austria (1.5%)
Republic of Austria
(European Monetary Unit)
07-15-14		4.30			5,245,000			7,846,941
Belgium (1.8%)
Fortis Bank
(European Monetary Unit) Sr Unsecured
05-30-14		4.50			420,000			607,643
Kingdom of Belgium
(European Monetary Unit)
09-28-12		5.00			5,685,000			8,561,486
Total								9,169,129
Bermuda (0.1%)
Bacardi
Sr Nts
04-01-14		7.45			245,000	(d)		281,562
Brazil (1.9%)
Banco Nacional de Desenvolvimento Economico e Social
06-10-19		6.50			910,000	(d)		948,078
Banco Nacional de Desenvolvimento Economico e Social
Sr Unsecured
06-16-18		6.37			535,000	(d)		553,725

	Coupon		Principal
Issuer	Rate		Amount			Value(a)
Centrais Eletricas Brasileiras
Sr Unsecured
07-30-19		6.88		375,000	(d)		393,062
Federative Republic of Brazil
01-15-18		8.00		265,778			303,518
Federative Republic of Brazil
Sr Unsecured
01-17-17		6.00		307,000			327,415
10-14-19		8.88		115,000			145,763
Nota do Tesouro Nacional
(Brazilian Real) Series F
01-01-12		10.00		640,500			3,308,814
01-01-13		10.00		740,000			3,719,726
Total							9,700,101
Canada (2.7%)
Anadarko Finance
Series B
05-01-11		6.75		355,000			374,755
Canadian Pacific Railway
(Canadian Dollar) Sr Unsecured
06-15-10		4.90		380,000	(d)		360,387
Cascades
Sr Nts
12-15-17		7.75		695,000	(d)		714,113
Devon Financing
09-30-11		6.88		110,000			119,784
EnCana
Sr Unsecured
11-01-11		6.30		30,000			32,556
Govt of Canada
(Canadian Dollar)
06-01-18		4.25		1,730,000			1,744,483
Nexen
Sr Unsecured
05-15-37		6.40		200,000			201,316
Nova Chemicals
Sr Unsecured
11-01-16		8.38		225,000	(d)		226,688
11-01-19		8.63		190,000	(d)		191,900
Province of British Columbia
(Canadian Dollar)
06-18-14		5.30		1,790,000			1,862,246
Province of Ontario
(Canadian Dollar)
03-08-14		5.00		3,385,000			3,470,868
Province of Quebec
(Canadian Dollar)
12-01-17		4.50		2,283,000			2,263,482
Royal Bank of Canada
(European Monetary Unit) Sr Unsecured
01-18-13		3.25		630,000			897,363
TELUS
Sr Unsecured
06-01-11		8.00		686,000			745,239
Toronto-Dominion Bank
(European Monetary Unit) Sr Unsecured
05-14-15		5.38		600,000			914,956
Total							14,120,136

	Coupon		Principal
Issuer	Rate		Amount			Value(a)
Colombia (0.3%)
Ecopetrol
Sr Unsecured
07-23-19		7.63		300,000			324,750
Republic of Colombia
01-27-17		7.38		230,000	(o)		258,175
09-18-37		7.38		260,000			276,250
Republic of Colombia
Sr Unsecured
03-18-19		7.38		250,000			279,375
01-18-41		6.13		235,000			214,305
Total							1,352,855
Czech Republic (0.1%)
Czech Republic
(Czech Koruna)
06-16-13		3.70		11,530,000			626,682
Denmark (0.5%)
Danske Bank
(European Monetary Unit)
03-16-10		0.77		750,000	(i)		1,039,758
Nykredit Realkredit
(Danish Krone)
04-01-28		5.00		9,492,369			1,822,382
Total							2,862,140
El Salvador (0.1%)
Republic of El Salvador
Sr Unsecured
01-24-23		7.75		245,000	(d)		266,438
France (4.4%)
BNP Paribas
(European Monetary Unit) Sr Sub Nts
12-17-12		5.25		555,000			829,739
Caisse Refinance Hypothe
(European Monetary Unit)
10-11-10		4.38		700,000			993,205
Credit Agricole
(European Monetary Unit) Sr Unsecured
06-24-13		6.00		550,000			844,697
Electricite de France
(European Monetary Unit) Sr Unsecured
02-05-18		5.00		750,000			1,123,586
France Telecom
(European Monetary Unit) Sr Unsecured
02-21-17		4.75		1,180,000			1,738,482
Govt of France
(European Monetary Unit)
04-25-12		5.00		715,000			1,070,441
04-25-13		4.00		6,020,000			8,926,368
10-25-16		5.00		2,880,000			4,500,073
10-25-19		3.75		1,600,000			2,257,785

	Coupon		Principal
Issuer	Rate		Amount			Value(a)
Veolia Environnement
(European Monetary Unit)
Sr Unsecured
01-16-17		4.38		315,000			448,997
Total							22,733,373
Germany (5.9%)
Bayerische Landesbank
(Japanese Yen)
04-22-13		1.40		170,000,000			1,906,481
Bundesrepublik Deutschland
(European Monetary Unit)
07-04-10		5.25		465,000			657,515
01-04-15		3.75		1,650,000			2,442,387
07-04-19		3.50		2,120,000			3,021,039
07-04-27		6.50		4,650,000			8,569,507
07-04-28		4.75		2,300,000			3,544,961
07-04-34		4.75		4,585,000			7,100,936
Landwirtschaftliche Rentenbank
(Australian Dollar)
06-15-11		5.75		1,250,000			1,115,946
Rheinische Hypothekenbank
(European Monetary Unit) Series 803
07-05-10		5.75		1,305,000	(d)		1,844,545
Total							30,203,317
Greece (2.6%)
Hellenic Republic
(European Monetary Unit)
03-20-11		3.80		3,500,000			4,747,000
08-20-12		4.10		4,695,000			6,092,380
Hellenic Republic
(European Monetary Unit) Sr Unsub
10-22-22		5.90		2,010,000			2,575,415
Total							13,414,795
Indonesia (0.9%)
Govt of Indonesia
(Indonesian Rupiah)
05-15-16		10.75		9,320,000,000			1,083,103
07-15-22		10.25		21,944,000,000			2,388,230
Perusahaan Penerbit SBSN
04-23-14		8.80		160,000	(d)		185,770
Republic of Indonesia
Sr Unsecured
01-17-18		6.88		500,000	(d)		545,000
10-12-35		8.50		190,000	(d)		224,675
02-17-37		6.63		205,000	(d)		200,131
01-17-38		7.75		140,000	(d)		154,525
Total							4,781,434
Ireland (0.1%)
GE Capital UK Funding
(British Pound)
04-26-10		5.88		275,000			443,164
Italy (3.2%)
Buoni Poliennali Del Tesoro
(European Monetary Unit)
04-15-12		4.00		1,970,000			2,849,126
08-01-15		3.75		700,000			1,001,569
02-01-19		4.25		2,620,000			3,754,651

	Coupon		Principal
Issuer	Rate		Amount			Value(a)
11-01-26		7.25		3,486,283			6,306,478
11-01-27		6.50		1,025,000			1,729,674
Intesa Sanpaolo
(European Monetary Unit) Sr Unsecured
12-19-13		5.38		400,000			603,552
Telecom Italia Capital
11-15-13		5.25		120,000			128,169
Total							16,373,219
Japan (10.8%)
Bayer Holding
(Japanese Yen)
06-28-12		1.96		40,000,000			441,917
Development Bank of Japan
(Japanese Yen)
06-20-12		1.40		326,000,000			3,698,962
Govt of Japan CPI Linked
(Japanese Yen)
03-10-18		1.40		462,797,000	(j)		5,040,452
Govt of Japan
(Japanese Yen)
06-20-12		1.40		175,000,000			1,994,705
12-20-12		1.00		913,000,000			10,335,440
12-20-14		1.30		200,000,000			2,298,006
09-20-17		1.70		811,000,000			9,485,088
12-20-22		1.40		411,000,000			4,408,715
12-20-26		2.10		884,000,000			9,972,031
09-20-29		2.10		300,000,000			3,322,022
12-20-34		2.40		283,000,000			3,231,562
03-20-39		2.30		123,000,000			1,371,682
Total							55,600,582
Kazakhstan (0.1%)
KazMunaiGaz Finance
07-02-18		9.13		250,000	(d)		290,913
Luxembourg (0.2%)
Expro Finance Luxembourg
Sr Secured
12-15-16		8.50		618,000	(d)		617,682
Gaz Capital for Gazprom
Sr Unsecured
11-22-16		6.21		100,000	(d)		98,500
Gaz Capital
Sr Unsecured
08-16-37		7.29		230,000	(d)		216,200
Total							932,382
Malaysia (0.5%)
Petronas Capital
05-22-12		7.00		500,000	(d)		553,819
08-12-19		5.25		1,980,000	(d)		2,000,465
Total							2,554,284
Mexico (1.5%)
Mexican Fixed Rate Bonds
(Mexican Peso)
12-19-13		8.00		24,940,000			1,988,004
12-17-15		8.00		60,280,000			4,752,905

	Coupon		Principal
Issuer	Rate		Amount			Value(a)
Pemex Project Funding Master Trust
03-01-18		5.75		617,000			620,567
United Mexican States
Sr Unsecured
09-27-34		6.75		270,000			283,500
Total							7,644,976
Netherlands (3.9%)
Allianz Finance II
(European Monetary Unit)
11-23-16		4.00		400,000			572,221
BMW Finance
(European Monetary Unit)
09-19-13		8.88		650,000			1,073,976
Deutsche Telekom Intl Finance
(British Pound)
12-09-10		6.25		415,000			688,208
Deutsche Telekom Intl Finance
(European Monetary Unit)
01-19-15		4.00		1,335,000			1,888,678
E.ON Intl Finance
(European Monetary Unit)
10-02-17		5.50		535,000			825,104
Govt of Netherlands
(European Monetary Unit)
07-15-12		5.00		2,880,000			4,333,984
07-15-13		4.25		2,545,000			3,810,029
07-15-16		4.00		1,900,000			2,814,079
ING Groep
(European Monetary Unit) Sr Unsecured
05-31-17		4.75		1,205,000			1,710,154
Nederlandse Waterschapsbank
(British Pound) Sr Unsub
06-07-10		5.38		850,000			1,379,706
Rabobank Nederland
(European Monetary Unit) Sr Unsecured
04-04-12		4.13		600,000			873,991
Total							19,970,130
New Zealand (0.6%)
Govt of New Zealand
(New Zealand Dollar)
04-15-13		6.50		4,500,000			3,321,974
Norway (1.4%)
Eksportfinans
(British Pound) Sr Unsecured
09-06-10		6.00		930,000			1,520,896
Govt of Norway
(Norwegian Krone)
05-16-11		6.00		31,150,000			5,502,462
Total							7,023,358
Philippine Islands (0.3%)
Power Sector Assets & Liabilities Management
05-27-19		7.25		790,000	(d)		835,425

	Coupon		Principal
Issuer	Rate		Amount			Value(a)
Republic of Philippines
01-15-16		8.00		100,000			116,375
01-14-31		7.75		405,000	(o)		446,513
Total							1,398,313
Poland (1.2%)
Govt of Poland
(Polish Zloty)
03-24-10		5.75		5,340,000			1,836,711
04-25-13		5.25		6,400,000			2,211,242
10-25-17		5.25		7,160,000			2,357,606
Total							6,405,559
Qatar (0.3%)
Ras Laffan Liquefied Natural Gas 3
Sr Secured
09-30-14		5.50		310,000	(d,o)		325,383
State of Qatar
Sr Nts
04-09-19		6.55		550,000	(d)		606,244
01-20-20		5.25		435,000	(d)		437,175
Total							1,368,802
Russia (0.3%)
Russian Federation
03-31-30		7.50		1,217,300	(d)		1,368,854
TransCapitalInvest for Transneft
Secured
03-05-14		5.67		200,000	(d)		203,405
08-07-18		8.70		100,000	(d)		115,453
Total							1,687,712
South Africa (0.4%)
Republic of South Africa
(South African Rand) Sr Unsecured
12-21-14		8.75		14,625,000			1,936,803
South Korea (0.7%)
Export-Import Bank of Korea
Sr Unsecured
01-21-14		8.13		810,000			938,930
01-14-15		5.88		450,000			483,427
Korea Development Bank
(Japanese Yen) Sr Unsecured
06-28-10		0.87		200,000,000			2,197,525
Total							3,619,882
Spain (2.2%)
AyT Cedulas Cajas Global
(European Monetary Unit)
06-14-18		4.25		1,500,000			1,977,751
Caja de Ahorros y Monte de Piedad de Madrid
(European Monetary Unit)
03-25-11		3.50		1,800,000			2,539,424
Govt of Spain
(European Monetary Unit)
07-30-17		5.50		2,050,000			3,173,877
Instituto de Credito Oficial
(Australian Dollar)
03-08-11		5.50		1,360,000			1,206,073

	Coupon		Principal
Issuer	Rate		Amount			Value(a)
Santander Intl Debt
(European Monetary Unit) Bank Guaranteed
04-11-11		5.13		1,200,000			1,728,904
Telefonica Emisiones SAU
(European Monetary Unit)
02-02-16		4.38		550,000			785,056
Total							11,411,085
Supra-National (0.7%)
Corp Andina de Fomento
Sr Unsecured
06-04-19		8.13		730,000			862,712
European Investment Bank
(British Pound) Sr Unsecured
12-07-11		5.50		1,695,000			2,903,480
Total							3,766,192
Sweden (1.6%)
Govt of Sweden
(Swedish Krona)
05-05-14		6.75		37,570,000			5,998,229
Govt of Sweden
(Swedish Krona) Series 1045
03-15-11		5.25		17,000,000			2,427,253
Total							8,425,482
Tunisia (0.4%)
Banque Centrale de Tunisie
(Japanese Yen)
08-02-10		3.30		190,000,000			2,102,045
Turkey (0.3%)
Republic of Turkey
04-03-18		6.75		204,000			220,830
06-05-20		7.00		235,000			254,975
03-17-36		6.88		540,000			535,950
Republic of Turkey
Sr Unsecured
07-14-17		7.50		350,000			395,500
Total							1,407,255
United Kingdom (3.6%)
BT Group
Sr Unsecured
12-15-10		9.13		550,000	(o)		589,608
MetLife of Connecticut
(Japanese Yen)
05-24-12		0.71		100,000,000	(i)		1,039,442
SABMiller
Sr Unsecured
01-15-14		5.70		1,275,000	(d)		1,394,684
United Kingdom Treasury
(British Pound)
03-07-19		4.50		2,540,000			4,239,321
03-07-25		5.00		660,000			1,127,559
12-07-27		4.25		1,750,000			2,751,013
03-07-36		4.25		1,480,000			2,305,755

	Coupon		Principal
Issuer	Rate		Amount			Value(a)
12-07-38		4.75		1,690,000			2,861,303
12-07-49		4.25		1,385,000			2,185,199
Total							18,493,884
United States (37.4%)
AmeriCredit Automobile Receivables Trust
Series 2007-DF Cl A3A (AGM)
07-06-12		5.49		350,145	(k)		353,383
Anadarko Petroleum
Sr Unsecured
09-15-16		5.95		165,000			178,437
Anheuser-Busch InBev Worldwide
01-15-14		7.20		1,370,000	(d)		1,566,691
Ashland
06-01-17		9.13		180,000	(d)		196,200
AT&T
Sr Unsecured
02-15-39		6.55		2,205,000			2,339,800
Ball
09-01-16		7.13		30,000			31,275
03-15-18		6.63		75,000			75,563
09-01-19		7.38		35,000			36,488
Bank of America
(British Pound) Sr Unsecured
02-02-11		0.69		950,000	(i)		1,490,521
Bank of America
Sr Unsecured
05-01-18		5.65		2,190,000			2,211,133
Bear Stearns Commercial Mtge Securities
Series 2003-T10 Cl A1
03-13-40		4.00		185,696	(f)		187,791
BellSouth
Sr Unsecured
10-15-11		6.00		785,000			849,036
BMW Vehicle Lease Trust
Series 2009-1 Cl A2
04-15-11		2.04		1,376,493			1,383,844
Brocade Communications Systems
Sr Secured
01-15-18		6.63		76,000	(d)		76,950
01-15-20		6.88		67,000	(d)		68,340
CC Holdings GS V LLC/Crown Castle GS III
Sr Secured
05-01-17		7.75		820,000	(d)		883,550
CenterPoint Energy Houston Electric LLC
Series U
03-01-14		7.00		605,000			700,571
CenterPoint Energy Resources
Sr Unsecured
02-15-11		7.75		1,270,000			1,345,789
Charter Communications Operating LLC/Capital
Secured
04-30-12		8.00		1,245,000	(d)		1,301,025
Chesapeake Energy
06-15-15		6.38		115,000			112,700
01-15-16		6.63		290,000			282,025
CIT Group
Sr Secured
05-01-16		7.00		820,000			705,200

	Coupon		Principal
Issuer	Rate		Amount			Value(a)
Citibank Credit Card Issuance Trust
(European Monetary Unit) Series 2001-A4 Cl A4
04-10-13		5.38		1,160,000			1,643,434
CitiFinancial Auto Issuance Trust
Series 2009-1 Cl A2
11-15-12		1.83		5,050,000	(d)		5,056,675
Citigroup Commercial Mtge Trust
Series 2006-C5 Cl A4
10-15-49		5.43		1,700,000	(f)		1,648,800
Citigroup
(European Monetary Unit) Sr Unsecured
08-02-19		5.00		595,000			792,326
Citigroup
Sr Unsecured
05-15-18		6.13		170,000			170,746
Cleveland Electric Illuminating
1st Mtge
11-15-18		8.88		750,000			950,846
Colorado Interstate Gas
Sr Unsecured
11-15-15		6.80		3,170,000			3,605,067
Comcast
07-01-39		6.55		1,340,000			1,408,990
Commercial Mtge Pass-Through Ctfs
Series 2006-CN2A Cl BFL
02-05-19		0.54		400,000	(d,f,i)		310,561
ConAgra Foods
Sr Unsecured
09-15-11		6.75		80,000			86,869
CPS Auto Trust
Series 2007-A Cl A3 (NPFGC)
09-15-11		5.04		208,042	(d,k)		209,111
Credit Suisse First Boston Mtge Securities
Series 2004-C2 Cl A1
05-15-36		3.82		510,427	(f)		508,541
Cricket Communications
Sr Secured
05-15-16		7.75		317,000	(o)		318,981
CSC Holdings LLC
Sr Unsecured
04-15-14		8.50		285,000	(d)		303,525
02-15-19		8.63		100,000	(d)		108,500
CVS Caremark
Sr Unsecured
09-15-39		6.13		775,000			767,093
DaVita
03-15-13		6.63		615,000			616,537
Del Monte
Sr Sub Nts
10-15-19		7.50		370,000	(d)		380,175
Denbury Resources
04-01-13		7.50		340,000			342,550
03-01-16		9.75		310,000	(o)		326,663
DISH DBS
10-01-14		6.63		365,000			362,263
02-01-16		7.13		290,000			290,725
Dow Chemical
(European Monetary Unit) Sr Unsecured
05-27-11		4.63		520,000			739,478

	Coupon		Principal
Issuer	Rate		Amount			Value(a)
Dow Chemical
Sr Unsecured
05-15-19		8.55		1,400,000			1,674,287
Dr Pepper Snapple Group
12-21-11		1.70		1,310,000			1,313,980
DTE Energy
Sr Unsecured
06-01-11		7.05		115,000			122,270
05-15-14		7.63		1,540,000			1,776,752
Duke Energy Indiana
1st Mtge
08-15-38		6.35		940,000			1,030,182
Dunkin Securitization
Series 2006-1 Cl A2 (AMBAC)
06-20-31		5.78		1,600,000	(d,k)		1,567,024
El Paso
Sr Unsecured
12-12-13		12.00		555,000			658,369
Erac USA Finance LLC
10-15-17		6.38		1,745,000	(d)		1,895,309
Exelon
Sr Unsecured
06-15-10		4.45		1,000,000			1,013,703
Federal Home Loan Mtge Corp #A11799
08-01-33		6.50		133,036	(f)		144,923
Federal Home Loan Mtge Corp #A15881
11-01-33		5.00		965,380	(f)		1,010,621
Federal Home Loan Mtge Corp #E91486
09-01-17		6.50		97,313	(f)		105,185
Federal Home Loan Mtge Corp #E99684
10-01-18		5.00		407,702	(f)		435,248
Federal Home Loan Mtge Corp #G01960
12-01-35		5.00		4,060,762	(f)		4,230,871
Federal Natl Mtge Assn
10-15-14		4.63		3,880,000	(o)		4,236,238
11-15-30		6.63		2,300,000	(o)		2,817,629
Federal Natl Mtge Assn #545874
08-01-32		6.50		150,825	(f)		165,907
Federal Natl Mtge Assn #555528
04-01-33		6.00		682,845	(f)		738,307
Federal Natl Mtge Assn #555734
07-01-23		5.00		648,851	(f)		682,606
Federal Natl Mtge Assn #555740
08-01-18		4.50		872,474	(f)		919,983
Federal Natl Mtge Assn #555851
01-01-33		6.50		807,329	(f)		881,859
Federal Natl Mtge Assn #575487
04-01-17		6.50		359,846	(f)		391,380
Federal Natl Mtge Assn #621581
12-01-31		6.50		202,140	(f)		223,261
Federal Natl Mtge Assn #633966
03-01-17		6.00		74,512	(f)		80,568
Federal Natl Mtge Assn #634749
03-01-17		5.50		416,731	(f)		451,360
Federal Natl Mtge Assn #640996
05-01-32		7.50		386,559	(f)		438,085
Federal Natl Mtge Assn #643381
06-01-17		6.00		183,648	(f)		198,575

	Coupon		Principal
Issuer	Rate		Amount			Value(a)
Federal Natl Mtge Assn #645053
05-01-32		7.00		602,147	(f)		666,802
Federal Natl Mtge Assn #646147
06-01-32		7.00		280,288	(f)		316,824
Federal Natl Mtge Assn #652284
08-01-32		6.50		309,723	(f)		337,735
Federal Natl Mtge Assn #653145
07-01-17		6.00		144,016	(f)		156,493
Federal Natl Mtge Assn #653730
09-01-32		6.50		141,680	(f)		155,778
Federal Natl Mtge Assn #655589
08-01-32		6.50		1,077,474	(f)		1,189,343
Federal Natl Mtge Assn #666424
08-01-32		6.50		182,748	(f)		199,277
Federal Natl Mtge Assn #670461
11-01-32		7.50		143,417	(f)		162,533
Federal Natl Mtge Assn #677333
01-01-33		6.00		3,077,338	(f)		3,327,289
Federal Natl Mtge Assn #688034
03-01-33		5.50		346,078	(f)		372,472
Federal Natl Mtge Assn #688691
03-01-33		5.50		496,633	(f)		528,320
Federal Natl Mtge Assn #711503
06-01-33		5.50		701,299	(f)		750,809
Federal Natl Mtge Assn #720576
06-01-33		5.00		1,760,564	(f)		1,836,792
Federal Natl Mtge Assn #735029
09-01-13		5.32		609,601	(f)		649,038
Federal Natl Mtge Assn #741850
09-01-33		5.50		1,466,676	(f)		1,560,256
Federal Natl Mtge Assn #753507
12-01-18		5.00		1,500,083	(f)		1,599,574
Federal Natl Mtge Assn #755498
11-01-18		5.50		657,649	(f)		708,039
Federal Natl Mtge Assn #756788
11-01-33		6.50		212,247	(f)		230,844
Federal Natl Mtge Assn #928019
01-01-37		5.50		1,532,132	(f,n)		1,625,818
FirstEnergy
Sr Unsecured Series B
11-15-11		6.45		38,000			40,901
Florida Power
1st Mtge
06-15-38		6.40		520,000			567,893
Forest Oil
02-15-14		8.50		320,000			336,000
General Electric Capital Assurance
Series 2003-1 Cl A4
05-12-35		5.25		425,984	(d,f)		446,163
General Electric Capital
(New Zealand Dollar) Sr Unsecured
02-04-10		6.63		3,450,000			2,420,700
General Electric Capital
Sr Unsecured
01-08-20		5.50		400,000			396,625
01-10-39		6.88		615,000			639,114
Georgia-Pacific LLC
05-01-16		8.25		230,000	(d)		246,100

	Coupon		Principal
Issuer	Rate		Amount			Value(a)
Goldman Sachs Group
(European Monetary Unit) Sr Unsecured
05-02-18		6.38		350,000			538,412
Goldman Sachs Group
Sr Unsecured
02-15-19		7.50		105,000			121,726
Govt Natl Mtge Assn #604708
10-15-33		5.50		749,128	(f)		798,674
Govt Natl Mtge Assn
Collateralized Mtge Obligation
Interest Only
Series 2002-80 Cl CI
01-20-32		28.34		173,242	(f,h)		3,487
Greenwich Capital Commercial Funding
Series 2003-C1 Cl A3
07-05-35		3.86		725,000	(f)		735,078
Greenwich Capital Commercial Funding
Series 2004-GG1 Cl A5
06-10-36		4.88		500,000	(f)		509,560
Greenwich Capital Commercial Funding
Series 2007-GG9 Cl A4
03-10-39		5.44		2,100,000	(f)		1,945,382
Greif
Sr Unsecured
02-01-17		6.75		195,000			191,587
GS Mtge Securities II
Series 2007-EOP Cl J
03-06-20		1.08		1,250,000	(d,f,i)		1,034,088
GS Mtge Securities II
Series 2007-GG10 Cl F
08-10-45		5.80		775,000	(f)		93,363
Harborview Mtge Loan Trust
Collateralized Mtge Obligation
Series 2004-1 Cl A4
04-19-34		4.77		1,869,209	(f,i)		1,721,485
HCA
Sr Secured
02-15-17		9.88		325,000	(d)		353,438
Hertz Vehicle Financing LLC
Series 2009-2A Cl A1
03-25-14		4.26		1,350,000	(d)		1,366,725
HJ Heinz Finance
07-15-11		6.63		500,000			538,245
Indiana Michigan Power
Sr Unsecured
03-15-37		6.05		85,000			87,785
INVISTA
Sr Unsecured
05-01-12		9.25		465,000	(d)		469,650
Jarden
05-01-16		8.00		300,000			312,750
JPMorgan Chase & Co
Sr Unsecured
04-23-19		6.30		405,000			448,171
JPMorgan Chase Commercial Mtge Securities
Series 2003-LN1 Cl A1
10-15-37		4.13		189,201	(f)		193,940

	Coupon		Principal
Issuer	Rate		Amount			Value(a)
JPMorgan Chase Commercial Mtge Securities
Series 2003-ML1A Cl A1
03-12-39		3.97		132,812	(f)		135,211
JPMorgan Chase Commercial Mtge Securities
Series 2003-ML1A Cl A2
03-12-39		4.77		1,200,000	(f)		1,225,488
JPMorgan Chase Commercial Mtge Securities
Series 2007-CB20 Cl E
02-12-51		6.20		675,000	(d,f)		131,769
K Hovnanian Enterprises
Sr Secured
10-15-16		10.63		470,000	(d)		500,550
Kerr-McGee
09-15-11		6.88		805,000			867,965
Kraft Foods
Sr Unsecured
02-11-13		6.00		150,000			162,871
08-11-17		6.50		704,000			778,279
02-01-18		6.13		155,000			165,954
L-3 Communications
07-15-13		6.13		320,000			323,200
L-3 Communications
Series B
10-15-15		6.38		531,000			537,638
Lamar Media
01-01-13		7.25		190,000			190,000
04-01-14		9.75		255,000			279,225
08-15-15		6.63		270,000			259,875
LB-UBS Commercial Mtge Trust
Series 2004-C2 Cl A3
03-15-29		3.97		750,000	(f)		734,327
LB-UBS Commercial Mtge Trust
Series 2006-C4 Cl AAB
06-15-32		5.86		750,000	(f)		775,069
LB-UBS Commercial Mtge Trust
Series 2007-C7 Cl A3
09-15-45		5.87		900,000	(f)		815,142
Lehman Brothers Holdings
Sr Unsecured
05-02-18		6.88		1,320,000	(b,m)		290,400
Liberty Media LLC
Sr Unsecured
05-15-13		5.70		77,000			74,498
Mellon Funding
(British Pound)
11-08-11		6.38		370,000			629,586
Merrill Lynch & Co
(British Pound) Sr Unsub
09-24-10		5.13		221,000			355,913
Metropolitan Life Global Funding 1
(British Pound)
Sr Secured
01-27-11		4.63		540,000			874,736
MGM MIRAGE
Sr Secured
11-15-17		11.13		290,000	(d)		326,250
MGM MIRAGE
Sr Unsecured
03-01-18		11.38		470,000	(d,o)		444,150

	Coupon		Principal
Issuer	Rate		Amount			Value(a)
Morgan Stanley Capital I
Series 2004-HQ4 Cl A5
04-14-40		4.59		750,000	(f)		745,166
Morgan Stanley Capital I
Series 2006-T23 Cl AAB
08-12-41		5.80		575,000	(f)		605,526
Morgan Stanley
(British Pound) Sr Unsecured
04-11-11		7.50		470,000			788,656
Morgan Stanley
(European Monetary Unit) Sr Unsecured
10-02-17		5.50		625,000			894,418
Morgan Stanley
Sr Unsecured
04-01-18		6.63		205,000			224,158
Nalco
Sr Nts
05-15-17		8.25		570,000	(d)		611,325
Natl Collegiate Student Loan Trust
Collateralized Mtge Obligation
Interest Only
Series 2006-3 Cl AIO
01-25-12		5.88		2,400,000	(h)		294,178
Nevada Power
Series L
01-15-15		5.88		1,000,000			1,090,076
Nevada Power
Series O
05-15-18		6.50		365,000			401,493
NewPage
Sr Secured
12-31-14		11.38		156,000	(o)		150,930
News America
01-09-38		6.75		370,000			391,201
Nextel Communications
Series D
08-01-15		7.38		595,000			536,988
Nielsen Finance LLC
08-01-14		10.00		200,000	(o)		208,000
NiSource Finance
09-15-17		5.25		800,000			808,064
01-15-19		6.80		700,000			765,769
Northern States Power
1st Mtge Series B
08-28-12		8.00		515,000			596,389
Northwest Pipeline
Sr Unsecured
04-15-17		5.95		1,085,000			1,174,425
NRG Energy
02-01-16		7.38		1,290,000			1,283,550
Omnicare
12-15-13		6.75		405,000			400,950
Pacificorp
1st Mtge
10-15-37		6.25		200,000			217,940
Petrohawk Energy
08-01-14		10.50		480,000			526,800

	Coupon		Principal
Issuer	Rate		Amount			Value(a)
Potomac Electric Power
1st Mtge
04-15-14		4.65		280,000			300,289
PPL Electric Utilities
1st Mtge
11-30-13		7.13		2,850,000			3,291,822
Progress Energy
Sr Unsecured
03-01-11		7.10		325,000			343,694
03-15-14		6.05		875,000			966,595
12-01-39		6.00		245,000			242,695
Quicksilver Resources
08-01-15		8.25		245,000			252,044
Qwest Communications Intl
02-15-11		7.25		310,000			310,000
04-01-18		7.13		370,000	(d)		360,750
Qwest
Sr Unsecured
10-01-14		7.50		175,000			184,625
Range Resources
05-15-16		7.50		320,000			328,800
05-15-19		8.00		720,000			766,800
Regal Cinemas
07-15-19		8.63		200,000			206,500
Renaissance Home Equity Loan Trust
Series 2005-4 Cl A3
02-25-36		5.57		418,690			403,777
Reynolds Group Issuer LLC
Sr Secured
10-15-16		7.75		265,000	(d)		268,312
RR Donnelley & Sons
Sr Unsecured
01-15-17		6.13		2,190,000			2,207,515
SandRidge Energy
06-01-18		8.00		370,000	(d)		366,300
Santander Drive Auto Receivables Trust
Series 2007-1 Cl A4 (FGIC)
09-15-14		0.28		1,176,179	(i,k)		1,161,599
SBA Telecommunications
08-15-16		8.00		240,000	(d)		249,000
08-15-19		8.25		85,000	(d)		89,250
SCANA
Sr Unsecured
05-15-11		6.88		205,000			218,838
Select Medical
02-01-15		7.63		490,000			480,200
Sierra Pacific Power
Series M
05-15-16		6.00		2,935,000			3,214,057
Southern California Gas
1st Mtge
03-15-14		5.50		845,000			931,095
Southern Natural Gas
Sr Unsecured
04-01-17		5.90		2,131,000	(d)		2,250,472
Speedway Motorsports
06-01-16		8.75		435,000			463,819
Sprint Nextel
Sr Unsecured
08-15-17		8.38		150,000			146,250

	Coupon		Principal
Issuer	Rate		Amount			Value(a)
Tampa Electric
Sr Unsecured
05-15-18		6.10		620,000			678,537
TCM Sub LLC
01-15-15		3.55		845,000	(d)		848,507
Time Warner Cable
02-01-20		5.00		185,000			180,964
Toledo Edison
Sr Secured
05-15-37		6.15		450,000			458,470
Toyota Motor Credit
(European Monetary Unit)
02-12-10		4.00		150,000			208,147
Transcontinental Gas Pipe Line LLC
Sr Unsecured
04-15-16		6.40		3,590,000			4,003,642
TransDigm
07-15-14		7.75		200,000	(d)		202,000
U.S. Treasury
06-30-11		1.13		7,000,000	(o)		7,063,987
10-31-11		1.00		670,000	(o)		673,585
07-15-12		1.50		2,130,000	(o)		2,151,798
12-31-14		2.63		2,430,000	(o)		2,465,691
01-31-15		2.25		2,340,000	(e)		2,329,025
02-15-15		4.00		2,115,000	(o)		2,284,035
06-30-16		3.25		800,000	(o)		816,750
11-15-19		3.38		1,870,000			1,833,769
08-15-23		6.25		8,300,000			10,141,562
08-15-39		4.50		1,225,000			1,223,469
United Rentals North America
02-15-12		6.50		450,000			450,000
US Cellular
Sr Unsecured
12-15-33		6.70		165,000			164,826
Verizon New York
Sr Unsecured Series A
04-01-12		6.88		2,380,000			2,616,664
Verizon New York
Sr Unsecured Series B
04-01-32		7.38		855,000			930,633
Volkswagen Auto Lease Trust
Series 2009-A Cl A3
04-16-12		3.41		725,000			745,988
Wachovia Bank Commercial Mtge Trust
Series 2005-C20 Cl A5
07-15-42		5.09		800,000	(f)		823,906
Wachovia Bank Commercial Mtge Trust
Series 2006-C24 Cl APB
03-15-45		5.58		500,000	(f)		506,261
Wachovia Bank Commercial Mtge Trust
Series 2006-C27 Cl APB
07-15-45		5.73		900,000	(f)		919,694
Wells Fargo & Co
(British Pound) Sr Unsecured
11-30-10		4.75		1,300,000			2,120,531
Wells Fargo & Co
(European Monetary Unit) Sr Unsecured
11-03-16		4.13		330,000			457,675

	Coupon		Principal
Issuer	Rate		Amount			Value(a)
Wells Fargo & Co
Sr Unsecured
12-11-17		5.63		720,000			756,856
Williams Partners LP/Finance
Sr Unsecured
02-01-17		7.25		570,000			638,885
Windstream
08-01-16		8.63		315,000			323,269
03-15-19		7.00		40,000			37,450
Total							192,116,100
Uruguay (0.2%)
Republic of Uruguay
11-18-22		8.00		450,000	(o)		514,575
Republica Orient Uruguay
Sr Unsecured
03-21-36		7.63		275,000	(o)		296,313
Total							810,888
Venezuela (0.4%)
Petroleos de Venezuela
04-12-17		5.25		1,190,000			719,950
Republic of Venezuela
02-26-16		5.75		620,000			437,100
Republic of Venezuela
Sr Unsecured
10-08-14		8.50		160,000			130,400
05-07-23		9.00		931,000			656,355
Total							1,943,805
Total Bonds
(Cost: $474,579,528)						$	497,172,465

Senior Loans (0.1%)(l)

	Coupon			Principal
Borrower	Rate			Amount			Value(a)
United States
FairPoint Communications
Tranche B Term Loan
03-31-15		5.00	%	$	558,658	(b)	$	418,837
Total Senior Loans
(Cost: $319,170)							$	418,837

Money Market Fund (1.4%)

	Shares			Value(a)
RiverSource Short-Term Cash Fund, 0.16%		6,980,510	(p)	$	6,980,510
Total Money Market Fund
(Cost: $6,980,510)				$	6,980,510

Investments of Cash Collateral Received for Securities on Loan (1.4%)

	Shares		Value(a)
Cash Collateral Reinvestment Fund
JPMorgan Prime Money Market Fund		7,398,270	$	7,398,270
Total Investments of Cash Collateral Received for Securities on Loan
(Cost: $7,398,270)			$	7,398,270
Total Investments in Securities
(Cost: $489,277,478)(q)			$	511,970,082

Investments in Derivatives

Futures Contracts Outstanding at Jan. 31, 2010

	Number of							Unrealized
	contracts			Notional			Expiration	appreciation
Contract description	long (short)			market value			date	(depreciation)
Euro-Bobl, 5-year		9		$	1,463,017		March 2010	$	5,972
Euro-Bund, 10-year		1			171,042		March 2010		(95	)
Japanese Govt Bond, 10-year		6			9,273,875		March 2010		2,286
U.S. Treasury Note, 5-year		(26	)		(3,027,984	)	April 2010		7,070
U.S. Treasury Note, 10-year		132			15,596,625		March 2010		258,645
Total								$	273,878

Forward Foreign Currency Contracts Open at Jan. 31, 2010

			Unrealized		Unrealized
Exchange date	Currency to be delivered	Currency to be received	appreciation		depreciation
Feb. 12, 2010	2,922,705 U.S. Dollar	3,025,000 Canadian Dollar	$	—	$	(93,446	)
Feb. 17, 2010	3,065,156 U.S. Dollar	5,410,000 Brazilian Real		—		(216,719	)
Feb. 18, 2010	280,000 British Pound	447,720 U.S. Dollar		217		—
Feb. 19, 2010	2,300,000 New Zealand Dollar	1,704,530 U.S. Dollar		92,815		—
Feb. 22, 2010	17,413,403 U.S. Dollar	1,591,585,000 Japanese Yen		220,360		—
Feb. 24, 2010	1,400,993 U.S. Dollar	1,950,000 Singapore Dollar		—		(14,494	)
Feb. 25, 2010	1,050,000 British Pound	1,181,900 European Monetary Unit		—		(39,582	)
Feb. 25, 2010	2,667,969 U.S. Dollar	34,150,000 Mexican Peso		—		(63,128	)
March 1, 2010	89,000 European Monetary Unit	125,023 U.S. Dollar		1,637		—
Total			$	315,029	$	(427,369	)

Notes to Portfolio of Investments

(a)	Securities are valued by using policies described in Note 2 to the financial statements in the most recent Annual Report dated Oct. 31, 2009.
(b)	Non-income producing. For long-term debt securities, item identified is in default as to payment of interest and/or principal.
(c)	Foreign security values are stated in U.S. dollars. For debt securities, principal amounts are denominated in U.S. dollar currency unless otherwise noted.
(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 Jan. 31, 2010, the value of these securities amounted to $41,176,669 or 8.02% of net assets.
(e)	At Jan. 31, 2010, the cost of securities purchased, including interest purchased, on a when-issued and/or other forward-commitment basis was $2,322,595.
(f)	Mortgage-backed securities represent direct or indirect participations in, or are secured by and payable from, mortgage loans secured by real property, and include single- and multi-class pass-through securities and collateralized mortgage obligations. These securities may be issued or guaranteed by U.S. government agencies or instrumentalities, or by private issuers, generally originators and investors in mortgage loans, including savings associations, mortgage bankers, commercial banks, investment bankers and special purpose entities. The maturity dates shown represent the original maturity of the underlying obligation. Actual maturity may vary based upon prepayment activity on these obligations. Unless otherwise noted, the coupon rates presented are fixed rates.
(g)	This is a variable rate security that entitles holders to receive only interest payments. Interest is paid annually. The interest payment is based on the Gross Domestic Product (GDP) level of the previous year for the respective country. To the extent that the previous year’s GDP exceeds the ‘base case GDP’, an interest payment is made equal to 0.012225 of the difference.
(h)	Interest only represents securities that entitle holders to receive only interest payments on the underlying mortgages. The yield to maturity of an interest only security is extremely sensitive to the rate of principal payments on the underlying mortgage assets. A rapid (slow) rate of principal repayments may have an adverse (positive) effect on yield to maturity. The principal amount shown is the notional amount of the underlying mortgages. The interest rate disclosed represents yield based upon the estimated timing and amount of future cash flows at Jan. 31, 2010.
(i)	Interest rate varies either based on a predetermined schedule or to reflect current market conditions; rate shown is the effective rate on Jan. 31, 2010.
(j)	Inflation-indexed bonds are securities in which the principal amount is adjusted for inflation and the semiannual interest payments equal a fixed percentage of the inflation-adjusted principal amount.
(k)	The following abbreviations are used in the portfolio security descriptions to identify the insurer of the issue:
AGM	— Assured Guaranty Municipal Corporation
AMBAC	— Ambac Assurance Corporation
FGIC	— Financial Guaranty Insurance Company
NPFGC	— National Public Finance Guarantee Corporation
(l)	Senior loans have rates of interest that float periodically based primarily on the London Interbank Offered Rate (“LIBOR”) and other short-term rates. Remaining maturities of senior loans may be less than the stated maturities shown as a result of contractual or optional prepayments by the borrower. Such prepayments cannot be predicted with certainty.

(m)	This position is in bankruptcy.
(n)	At Jan. 31, 2010, investments in securities included securities valued at $429,866 that were partially pledged as collateral to cover initial margin deposits on open interest rate futures contracts.
(o)	At Jan. 31, 2010, security was partially or fully on loan.
(p)	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 Jan. 31, 2010.
(q)	At Jan. 31, 2010, the cost of securities for federal income tax purposes was approximately $489,277,000 and the approximate aggregate gross unrealized appreciation and depreciation based on that cost was:

Unrealized appreciation	$	30,234,000
Unrealized depreciation		(7,541,000	)
Net unrealized appreciation	$	22,693,000

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.

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 Jan. 31, 2010:

	Fair value at Jan. 31, 2010
	Level 1		Level 2
	quoted prices		other			Level 3
	in active		significant			significant
	markets for		observable			unobservable
Description	identical assets		inputs			inputs		Total
Bonds
Foreign Government Obligations & Agencies	$	—	$	264,323,933		$	—	$	264,323,933
U.S. Government Obligations & Agencies		30,983,671		7,053,867			—		38,037,538
Asset-Backed Securities		—		14,185,737			1,822,382		16,008,119
Commercial Mortgage-Backed Securities		—		15,679,864			—		15,679,864
Residential Mortgage-Backed Securities		—		34,857,763			—		34,857,763
Corporate Debt Securities		—		127,225,806			1,039,442		128,265,248
Total Bonds		30,983,671		463,326,970			2,861,824		497,172,465
Other
Senior Loans		—		418,837			—		418,837
Affiliated Money Market Fund (a)		6,980,510		—			—		6,980,510
Investments of Cash Collateral Received for Securities on Loan (b)		7,398,270		—			—		7,398,270
Total Other		14,378,780		418,837			—		14,797,617
Investments in Securities		45,362,451		463,745,807			2,861,824		511,970,082
Other Financial Instruments (c)		273,878		(112,340	)		—		161,538
Total	$	45,636,329	$	463,633,467		$	2,861,824	$	512,131,620

(a)	Money market fund that is a sweep investment for cash balances in the Fund at Jan. 31, 2010.
(b)	Asset categories for Investments of Cash Collateral are identified in the Portfolio of Investments.
(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.
	The following table is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value.

	Asset-Backed			Corporate Debt
	Securities			Securities			Total
Balance as of Oct. 31, 2009	$	2,060,678		$	—		$	2,060,678
Accrued discounts/premiums		192			5,259			5,451
Realized gain (loss)		20,591			—			20,591
Change in unrealized appreciation (depreciation)*		(104,536	)		(13,213	)		(117,749	)
Net purchases (sales)		(154,543	)		1,047,396			892,853
Transfers in and/or out of Level 3		—			—			—
Balance as of Jan. 31, 2010	$	1,822,382		$	1,039,442		$	2,861,824

*  Change in unrealized appreciation (depreciation) relating to securities held at Jan. 31, 2010 was $15,528, which is comprised of Asset-Backed Securities of $14,807 and Corporate Debt Securities of $721.

Portfolio of Investments
Threadneedle Emerging Markets Fund
Jan. 31, 2010 (Unaudited)

(Percentages represent value of investments compared to net assets)

Investments in Securities

Common Stocks (97.6%)(c)

Issuer	Shares			Value(a)
Brazil (19.0%)
Anhanguera Educacional Participacoes Unit		623,200	(b)	$	8,552,758
BM&FBOVESPA		821,300			5,518,685
Cia Energetica de Minas Gerais ADR		169,519			2,825,882
Companhia Siderurgica Nacional ADR		286,556			8,344,511
Cyrela Brazil Realty		561,000			6,408,044
Itaú Unibanco Holding ADR		780,110			14,946,907
Lojas Renner		858,100			16,296,879
Multiplan Empreendimentos Imobiliarios		170,988			2,707,649
OGX Petroleo e Gas Participacoes		370,000			3,281,077
Petroleo Brasileiro ADR		392,840			15,937,519
Vale ADR		993,357			25,618,676
Total					110,438,587
Chile (0.7%)
Banco Santander Chile ADR		66,939			4,138,838
China (7.9%)
Bank of China Series H		8,500,000	(f)		4,066,202
China Construction Bank Series H		9,034,000			6,901,736
China Life Insurance Series H		1,679,000	(f)		7,404,798
China Natl Building Material Series H		848,000			1,401,308
China Petroleum & Chemical Series H		2,994,000	(f)		2,329,323
China Shenhua Energy Series H		664,000	(f)		2,830,389
Industrial & Commercial Bank of China Series H		8,295,000			6,041,559
PetroChina Series H		4,178,000			4,666,305
Tencent Holdings		195,100	(f)		3,617,060
Tingyi (Cayman Islands) Holding		1,260,000	(f)		2,721,101
ZTE Series H		711,200	(f)		4,149,155
Total					46,128,936
Egypt (0.9%)
Orascom Construction Inds GDR		112,306	(d,e)		5,413,296
Hong Kong (3.8%)
China Mobile		1,183,500			11,119,164
China Overseas Land & Investment		975,797	(f)		1,733,087
CNOOC ADR		39,726			5,554,887
Hengan Intl Group		601,000			4,010,292
Total					22,417,430
Hungary (0.8%)
OTP Bank		164,161	(b,f)		4,826,309

Issuer	Shares			Value(a)
India (6.6%)
Bharat Heavy Electricals		120,394			6,276,857
Cairn India		531,574	(b)		3,050,256
Housing Development Finance		111,628			5,744,609
Infosys Technologies		123,307			6,588,059
Larsen & Toubro		81,972			2,521,325
Reliance Inds		392,768			8,833,155
State Bank of India		126,670			5,631,314
Total					38,645,575
Indonesia (1.2%)
Bank Central Asia		5,920,000			3,142,924
PT Astra Intl		1,026,500			3,926,314
Total					7,069,238
Israel (0.8%)
Israel Chemicals		341,335			4,433,077
Luxembourg (1.0%)
Ternium ADR		192,890	(b)		5,740,406
Malaysia (0.8%)
CIMB Group Holdings		1,215,500			4,504,361
Mexico (6.5%)
America Movil ADR Series L		202,283			8,829,653
Bolsa Mexicana de Valores		2,099,200	(b,f)		2,649,410
Fresnillo		290,340			3,087,352
Grupo Financiero Banorte Series O		911,600			2,992,785
Grupo Modelo Series C		1,654,000	(b)		8,166,636
Wal-Mart de Mexico Series V		2,767,100	(f)		12,274,093
Total					37,999,929
Panama (1.5%)
Copa Holdings Cl A		170,232			8,848,659
Poland (1.2%)
Bank Pekao		54,105	(b)		3,128,214
KGHM Polska Miedz		109,183			3,586,543
Total					6,714,757
Russia (10.5%)
CTC Media		276,667	(b)		3,735,005
Eurasia Drilling GDR		236,717	(d,e)		3,266,695
Evraz Group GDR		266,643	(d,e)		8,752,807
Gazprom ADR		261,219			6,312,357
LUKOIL ADR		58,788			3,214,921
Rosneft Oil GDR		1,243,540	(d)		9,513,080
Rosneft Oil GDR		164,010			1,261,404
Sberbank		4,581,711			13,043,820
Vimpel-Communications ADR		419,611			7,611,744
X5 Retail Group GDR		144,076	(b,d,e)		4,606,332
Total					61,318,165

Issuer	Shares			Value(a)
South Africa (4.7%)
Impala Platinum Holdings		153,997			3,949,078
MTN Group		330,987			4,729,361
Naspers Series N		122,386			4,317,939
Sasol		47,784			1,772,194
Shoprite Holdings		369,891			3,379,240
Standard Bank Group		435,978			6,183,750
Truworths Intl		529,442			2,928,470
Total					27,260,032
South Korea (11.5%)
Hyundai Development		75,370			2,325,984
Hyundai Engineering & Construction		51,219			2,830,985
Hyundai Mobis		23,801			3,016,325
Hyundai Motor		67,331			6,503,410
KB Financial Group		117,191	(b)		5,052,134
LG Display		89,300			2,887,658
LG Electronics		19,564			1,825,569
LG Household & Health Care		26,990			6,599,931
POSCO		15,221			6,945,043
Samsung Electronics		27,110			17,290,018
Samsung Fire & Marine Insurance		16,088			2,565,408
Samsung Heavy Inds		156,960			3,221,940
Shinhan Financial Group		165,970	(b)		5,796,958
Total					66,861,363
Taiwan (12.8%)
Acer		2,163,000			6,025,009
Asustek Computer		774,000			1,494,120
Cathay Financial Holding		1,714,000	(b)		2,890,641
China Steel		3,327,000			3,372,151
Delta Electronics		2,458,000			7,402,794
Far Eastern New Century		2,719,840			2,973,014
Hon Hai Precision Industry		2,190,283			9,128,327
MediaTek		575,990			9,294,374
Siliconware Precision Inds		2,266,000			2,969,301
Synnex Technology Intl		1,654,400			3,384,186
Taiwan Semiconductor Mfg		4,397,858			8,349,710
Taiwan Semiconductor Mfg ADR		271,783			2,761,315
Tripod Technology		2,236,766			7,641,692
U-Ming Marine Transport		1,770,000			3,368,656
Yuanta Financial Holding		5,137,000			3,259,195
Total					74,314,485
Thailand (1.4%)
Bangkok Bank		1,550,275			5,256,413
Siam Commercial Bank		1,262,600			3,021,692
Total					8,278,105
Turkey (3.3%)
Arcelik		912,418			3,609,381
BIM Birlesik Magazalar		67,068			3,044,376
Tofas Turk Otomobil Fabrikasi		1,032,157			3,885,749
Turkiye Garanti Bankasi		2,133,871			8,954,728
Total					19,494,234

Issuer	Shares		Value(a)
United States (0.7%)
Southern Copper		151,470		4,033,646
Total Common Stocks (Cost: $492,417,983)			$	568,879,428
Other (—%)(c)

Issuer	Shares			Value(a)
Singapore
Golden Agri-Resources Warrants		1	(b,e,g)	$	—
Total Other (Cost: $—)				$	—
Money Market Fund (2.2%)

	Shares			Value(a)
RiverSource Short-Term Cash Fund, 0.16%		12,649,471	(h)	$	12,649,471
Total Money Market Fund (Cost: $12,649,471)				$	12,649,471

Investments of Cash Collateral Received for Securities on Loan (2.8%)

	Shares		Value(a)
Cash Collateral Reinvestment Fund
JPMorgan Prime Money Market Fund		16,121,375	$	16,121,375
Total Investments of Cash Collateral Received for Securities on Loan (Cost: $16,121,375)			$	16,121,375
Total Investments in Securities (Cost: $521,188,829)(i)			$	597,650,274

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.

Summary of Investments in Securities by Industry

The following table represents the portfolio investments of the Fund by industry classifications as a percentage of net assets at Jan. 31, 2010:

	Percentage of net
Industry	assets			Value(a)
Airlines		1.5	%	$	8,848,659
Auto Components		0.5			3,016,325
Automobiles		2.5			14,315,473
Beverages		1.4			8,166,636
Capital Markets		0.6			3,259,195
Chemicals		0.8			4,433,077
Commercial Banks		18.4			107,630,644
Communications Equipment		0.7			4,149,155
Computers & Peripherals		1.3			7,519,129
Construction & Engineering		2.2			13,091,590
Construction Materials		0.2			1,401,308
Diversified Consumer Services		1.5			8,552,758
Diversified Financial Services		1.4			8,168,095
Diversified Telecommunication Services		1.3			7,611,744
Electric Utilities		0.5			2,825,882
Electrical Equipment		1.1			6,276,857
Electronic Equipment, Instruments & Components		5.2			30,444,657
Energy Equipment & Services		0.6			3,266,695
Food & Staples Retailing		4.0			23,304,041
Food Products		0.5			2,721,101
Household Durables		2.0			11,842,994
Household Products		1.1			6,599,931
Industrial Conglomerates		0.5			2,973,014
Insurance		2.2			12,860,847
Internet Software & Services		0.6			3,617,060
IT Services		1.1			6,588,059
Machinery		0.6			3,221,940
Marine		0.6			3,368,656
Media		1.4			8,052,944
Metals & Mining		12.5			73,430,213
Multiline Retail		2.8			16,296,879
Oil, Gas & Consumable Fuels		11.8			68,556,867
Personal Products		0.7			4,010,292
Real Estate Management & Development		0.8			4,440,736
Semiconductors & Semiconductor Equipment		7.0			40,664,718
Specialty Retail		0.5			2,928,470
Thrifts & Mortgage Finance		1.0			5,744,609
Wireless Telecommunication Services		4.2			24,678,178
Other(1)		5.0			28,770,846
Total				$	597,650,274

(1) Cash & Cash Equivalents.

Investments in Derivatives

Forward Foreign Currency Contracts Open at Jan. 31, 2010

	Currency to				Unrealized		Unrealized
Exchange date	be delivered		Currency to be received		appreciation		depreciation
Feb. 2, 2010		224,441		2,900,000	$	—	$	(2,616	)
	Mexican Peso		U.S. Dollar

Notes to Portfolio of Investments

ADR — American Depository Receipt
GDR — Global Depository Receipt

(a)	Securities are valued by using policies described in Note 2 to the financial statements in the most recent Annual Report dated Oct. 31, 2009.
(b)	Non-income producing.
(c)	Foreign security values are stated in U.S. dollars.
(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 Jan. 31, 2010, the value of these securities amounted to $31,552,210 or 5.42% of net assets.

(e) Identifies issues considered to be illiquid as to their marketability. The aggregate value of such securities at Jan. 31, 2010 was $22,039,130, representing 3.78% of net assets. Information concerning such security holdings at Jan. 31, 2010 is as follows:

	Acquisition
Security	dates	Cost
Eurasia Drilling GDR	11-02-07 thru 04-15-08	$	5,578,172
Evraz Group GDR	05-06-09 thru 12-11-09		5,173,642
Orascom Construction Inds GDR	12-06-06 thru 11-25-09		4,250,596
X5 Retail Group GDR	01-28-09 thru 08-18-09		1,940,084
Golden Agri-Resources Warrants	09-23-09		—

(f) At Jan. 31, 2010, security was partially or fully on loan.

(g) Negligible market value.

(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 Jan. 31, 2010.

(i) At Jan. 31, 2010, the cost of securities for federal income tax purposes was approximately $521,189,000 and the approximate aggregate gross unrealized appreciation and depreciation based on that cost was:

Unrealized appreciation	$	92,462,000
Unrealized depreciation		(16,001,000	)
Net unrealized appreciation	$	76,461,000

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 Annual Report dated Oct. 31, 2009.

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 Jan. 31, 2010:

	Fair value at Jan. 31, 2010
	Level 1		Level 2
	quoted prices		other			Level 3
	in active		significant			significant
	markets for		observable			unobservable
Description	identical assets		inputs			inputs		Total
Equity Securities
Common Stocks(a)
Auto Components	$	—	$	3,016,325		$	—	$	3,016,325
Automobiles		—		14,315,473			—		14,315,473
Beverages		—		8,166,636			—		8,166,636
Capital Markets		—		3,259,195			—		3,259,195
Chemicals		—		4,433,077			—		4,433,077
Commercial Banks		19,085,745		88,544,899			—		107,630,644
Communications Equipment		—		4,149,155			—		4,149,155
Computers & Peripherals		—		7,519,129			—		7,519,129
Construction & Engineering		—		13,091,590			—		13,091,590
Construction Materials		—		1,401,308			—		1,401,308
Diversified Consumer Services		—		8,552,758			—		8,552,758
Diversified Financial Services		—		8,168,095			—		8,168,095
Electrical Equipment		—		6,276,857			—		6,276,857
Electronic Equipment, Instruments & Components		—		30,444,657			—		30,444,657
Energy Equipment & Services		—		3,266,695			—		3,266,695
Food & Staples Retailing		—		23,304,041			—		23,304,041
Food Products		—		2,721,101			—		2,721,101
Household Durables		—		11,842,994			—		11,842,994
Household Products		—		6,599,931			—		6,599,931
Industrial Conglomerates		—		2,973,014			—		2,973,014
Insurance		—		12,860,847			—		12,860,847
Internet Software & Services		—		3,617,060			—		3,617,060
IT Services		—		6,588,059			—		6,588,059
Machinery		—		3,221,940			—		3,221,940
Marine		—		3,368,656			—		3,368,656
Media		3,735,005		4,317,939			—		8,052,944
Metals & Mining		43,737,240		29,692,973			—		73,430,213
Multiline Retail		—		16,296,879			—		16,296,879
Oil, Gas & Consumable Fuels		27,804,763		40,752,104			—		68,556,867
Personal Products		—		4,010,292			—		4,010,292
Real Estate Management & Development		—		4,440,736			—		4,440,736
Semiconductors & Semiconductor Equipment		2,761,315		37,903,403			—		40,664,718
Specialty Retail		—		2,928,470			—		2,928,470
Thrifts & Mortgage Finance		—		5,744,609			—		5,744,609
Wireless Telecommunication Services		8,829,653		15,848,525			—		24,678,178
All Other Industries(b)		19,286,285		—			—		19,286,285
Total Equity Securities		125,240,006		443,639,422			—		568,879,428
Other
Affiliated Money Market Fund(c)		12,649,471		—			—		12,649,471
Investments of Cash Collateral Received for Securities on Loan(d)		16,121,375		—			—		16,121,375
Total Other		28,770,846		—			—		28,770,846
Investments in Securities		154,010,852		443,639,422			—		597,650,274
Other Financial Instruments(e)		—		(2,616	)		—		(2,616	)
Total	$	154,010,852	$	443,636,806		$	—	$	597,647,658

(a)	Includes certain securities trading outside the U.S. whose values were adjusted as a result of significant market movements following the close of local trading. Therefore, these investment securities were classified as Level 2 instead of Level 1.
(b)	Industry classifications are identified in the Portfolio of Investments.
(c)	Money market fund that is a sweep investment for cash balances in the Fund at Jan. 31, 2010.
(d)	Asset categories for Investments of Cash Collateral are identified in the Portfolio of Investments.
(e)	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
Threadneedle Global Equity Fund
Jan. 31, 2010 (Unaudited)

(Percentages represent value of investments compared to net assets)

Investments in Securities

Common Stocks (98.1%)(c)

Issuer	Shares			Value(a)
Australia (0.8%)
CSL		136,253		$	3,743,676
Belgium (1.0%)
Fortis1,		288,493	(b)		4,535,220
Bermuda (0.5%)
PartnerRe		34,197			2,550,754
Brazil (2.1%)
Cielo		204,952			1,622,740
Multiplan Empreendimentos Imobiliarios		197,000			3,119,557
Natura Cosmeticos		165,400			2,963,144
Redecard		157,600			2,192,008
Total					9,897,449
Canada (1.4%)
Barrick Gold		79,748			2,776,825
Nexen		177,900			3,895,463
Total					6,672,288
China (1.2%)
China High Speed Transmission Equipment Group		70,000			138,942
Focus Media Holding ADR		151,003	(b)		2,026,460
Industrial & Commercial Bank of China Series H		4,435,000	(d)		3,230,177
Total					5,395,579
Denmark (0.5%)
Vestas Wind Systems		43,843	(b)		2,306,355
Finland (0.4%)
Talvivaara Mining		364,317	(b)		2,041,255
France (2.1%)
Euler Hermes		32,540	(d)		2,634,672
France Telecom		81,099			1,859,101
Renault		109,924	(b)		5,159,533
Total					9,653,306
Germany (2.0%)
E.ON		62,415			2,294,895
Linde		33,898			3,721,073
MTU Aero Engines Holding		62,441			3,240,643
Total					9,256,611
Hong Kong (2.9%)
Champion REIT		3,714,770	(d)		1,563,335
Great Eagle Holdings		1,427,377			3,475,820

Issuer	Shares			Value(a)
Hongkong & Shanghai Hotels		1,762,500	(d)		2,481,209
KWG Property Holding		2,956,000			1,778,990
Sun Hung Kai Properties		324,000			4,146,961
Total					13,446,315
India (1.1%)
State Bank of India GDR		58,445			5,217,018
Indonesia (1.9%)
Bank Rakyat Indonesia		6,927,000			5,619,358
Perusahaan Gas Negara		8,416,500			3,372,589
Total					8,991,947
Ireland (0.8%)
Accenture Cl A		93,895			3,848,756
Japan (8.2%)
Asahi Breweries		330,600			6,414,144
Canon		118,200			4,620,466
Honda Motor		157,800			5,347,999
Hoya		176,600			4,708,910
KDDI		419			2,208,779
Makita		129,300			4,338,529
Mitsubishi Estate		172,000			2,784,718
Nintendo		12,000			3,345,813
Nippon Electric Glass		173,000			2,433,805
Osaka Securities Exchange		355			1,970,907
Total					38,174,070
Luxembourg (1.1%)
Millicom Intl Cellular		71,992			5,134,469
Mexico (2.1%)
America Movil ADR Series L1		52,495			6,656,408
Grupo Mexico Series B		1,514,600			3,075,912
Total					9,732,320
Netherlands (1.6%)
Fugro		45,386			2,691,247
ING Groep		506,000	(b)		4,737,818
Total					7,429,065
Poland (0.7%)
KGHM Polska Miedz		94,285			3,097,159
Portugal (0.7%)
Galp Energia Series B		200,999	(d)		3,204,703
Singapore (0.9%)
DBS Group Holdings		404,000			4,071,412
South Korea (2.7%)
KB Financial Group		54,668	(b)		2,356,751
NHN		19,331	(b)		2,869,029
Samsung Electronics		11,056			7,430,885
Total					12,656,665

Issuer	Shares			Value(a)
Spain (1.3%)
Banco Santander		225,786	(d)		3,223,972
Inditex		43,224			2,720,404
Total					5,944,376
Switzerland (6.0%)
Credit Suisse Group		44,000			1,903,673
Nestlé		200,333			9,497,921
Noble		66,233			2,670,515
Novartis		89,786			4,805,795
Roche Holding		36,865			6,186,044
Syngenta		10,814			2,767,911
Total					27,831,859
Taiwan (1.1%)
Hon Hai Precision Industry		629,000			2,621,450
Taiwan Semiconductor Mfg		1,426,000			2,707,383
Total					5,328,833
United Kingdom (12.6%)
3i Group		853,051			3,577,549
Aggreko		290,499			4,173,766
Autonomy		82,934	(b)		2,054,171
BG Group		417,878			7,681,224
Chemring Group		67,331			3,453,124
Ensco Intl ADR		108,600			4,238,658
HSBC Holdings		664,266			7,110,450
ICAP		413,097			2,427,072
Intl Power		699,933			3,573,018
Rio Tinto		94,628			4,613,969
Tesco		440,122			2,978,296
Tullow Oil		378,035			6,923,572
Vodafone Group		1,057,130			2,258,179
Weir Group		252,770			3,110,242
Total					58,173,290
United States (40.4%)
Aetna		86,697			2,598,309
American Tower Cl A		88,656	(b)		3,763,447
Apple		36,581	(b)		7,027,942
Bank of America		254,119			3,857,526
Cisco Systems		174,501	(b)		3,921,037
Citigroup		1,279,000			4,246,280
Cliffs Natural Resources		78,045			3,117,898
Cloud Peak Energy		219,719	(b)		2,968,404
Coca-Cola		89,436			4,851,903
Dell		374,936	(b)		4,836,674
Devon Energy		62,623			4,190,104
DIRECTV Group Cl A		197,526	(b)		5,994,914
eBay		151,158	(b)		3,479,657
Gilead Sciences		99,870	(b)		4,820,725
Goldman Sachs Group		15,874			2,360,781
Google Cl A		14,311	(b)		7,576,530
Hartford Financial Services Group		314,365			7,541,616
Henry Schein		90,000	(b)		4,864,500
IBM		72,750			8,903,873
Johnson & Johnson		133,521			8,393,130

Issuer	Shares			Value(a)
JPMorgan Chase & Co		199,528			7,769,621
Laboratory Corp of America Holdings		56,090	(b)		3,987,999
Lockheed Martin		70,549			5,257,312
Lowe’s Companies		156,504			3,388,312
Merck & Co		137,100			5,234,478
Microsoft		237,963			6,705,797
Norfolk Southern		134,625			6,335,452
Oracle		282,402			6,512,190
QUALCOMM		86,515			3,390,523
Republic Services		168,030			4,501,523
Sirona Dental Systems		70,793	(b)		2,277,411
SL Green Realty		65,743			2,990,649
Thermo Fisher Scientific		87,181	(b)		4,023,403
Travelers Companies		60,734			3,077,392
Ultra Petroleum		64,520	(b)		2,964,049
Union Pacific		39,267			2,375,654
Walgreen		188,736			6,803,933
Wal-Mart Stores		50,548			2,700,780
Walt Disney		162,183			4,792,508
WESCO Intl		105,440	(b)		2,922,797
Total					187,327,033
Total Common Stocks (Cost: $424,555,582)				$	455,661,783

Money Market Fund (0.7%)

	Shares			Value(a)
RiverSource Short-Term Cash Fund, 0.16%		3,059,328	(e)	$	3,059,328
Total Money Market Fund (Cost: $3,059,328)				$	3,059,328

Investments of Cash Collateral Received for Securities on Loan (1.8%)

	Shares		Value(a)
Cash Collateral Reinvestment Fund
JPMorgan Prime Money Market Fund		8,289,118	$	8,289,118
Total Investments of Cash Collateral Received for Securities on Loan (Cost: $8,289,118)			$	8,289,118
Total Investments in Securities (Cost: $435,904,028)(f)			$	467,010,229

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.

Summary of Investments in Securities by Industry

The following table represents the portfolio investments of the Fund by industry classifications as a percentage of net assets at Jan. 31, 2010:

	Percentage of net
Industry	assets			Value(a)
Aerospace & Defense		2.6	%	$	11,951,079
Automobiles		2.3			10,507,532
Beverages		2.4			11,266,047
Biotechnology		1.8			8,564,401
Capital Markets		2.2			10,269,075
Chemicals		1.4			6,488,984
Commercial Banks		6.6			30,829,138
Commercial Services & Supplies		1.9			8,675,289
Communications Equipment		1.6			7,311,560
Computers & Peripherals		4.5			20,768,489
Diversified Financial Services		4.9			22,582,152
Diversified Telecommunication Services		0.4			1,859,101
Electric Utilities		0.5			2,294,895
Electrical Equipment		0.5			2,445,297
Electronic Equipment, Instruments & Components		2.1			9,764,165
Energy Equipment & Services		2.1			9,600,420
Food & Staples Retailing		2.7			12,483,009
Food Products		2.0			9,497,921
Gas Utilities		0.7			3,372,589
Health Care Equipment & Supplies		0.5			2,277,411
Health Care Providers & Services		2.5			11,450,808
Hotels, Restaurants & Leisure		0.5			2,481,209
Household Durables		0.9			4,338,529
Independent Power Producers & Energy Traders		0.8			3,573,018
Insurance		4.4			20,339,654
Internet Software & Services		3.0			13,925,216
IT Services		1.7			7,663,504
Life Sciences Tools & Services		0.9			4,023,403
Machinery		0.7			3,110,242
Media		2.8			12,813,882
Metals & Mining		4.0			18,723,018
Office Electronics		1.0			4,620,466
Oil, Gas & Consumable Fuels		6.8			31,827,519
Personal Products		0.6			2,963,144
Pharmaceuticals		5.3			24,619,447
Real Estate Investment Trusts (REITs)		1.0			4,553,984
Real Estate Management & Development		3.3			15,306,046
Road & Rail		1.9			8,711,106
Semiconductors & Semiconductor Equipment		2.2			10,138,268
Software		4.0			18,617,971
Specialty Retail		1.3			6,108,716
Trading Companies & Distributors		0.6			2,922,797
Wireless Telecommunication Services		4.3			20,021,282
Other(1)		2.4			11,348,446
Total				$	467,010,229

(1) Cash & Cash Equivalents.

Notes to Portfolio of Investments

ADR — American Depository Receipt
GDR — Global Depository Receipt

(a) Securities are valued by using policies described in Note 2 to the financial statements in the most recent Annual Report dated Oct. 31, 2009.

(b) Non-income producing.

(c) Foreign security values are stated in U.S. dollars.

(d) At Jan. 31, 2010, security was partially or fully on loan.

(e) 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 Jan. 31, 2010.

(f) At Jan. 31, 2010, the cost of securities for federal income tax purposes was approximately $435,904,000 and the approximate aggregate gross unrealized appreciation and depreciation based on that cost was:

Unrealized appreciation	$	45,536,000
Unrealized depreciation		(14,430,000	)
Net unrealized appreciation	$	31,106,000

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 Annual Report dated Oct. 31, 2009.

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 Jan. 31, 2010:

	Fair value at Jan. 31, 2010
	Level 1		Level 2
	quoted prices		other		Level 3
	in active		significant		significant
	markets for		observable		unobservable
Description	identical assets		inputs		inputs		Total
Equity Securities
Common Stocks(a)
Aerospace & Defense	$	5,257,311	$	6,693,768	$	—	$	11,951,079
Automobiles		—		10,507,532		—		10,507,532
Beverages		4,851,903		6,414,144		—		11,266,047
Biotechnology		4,820,725		3,743,676		—		8,564,401
Capital Markets		2,360,781		7,908,294		—		10,269,075
Chemicals		—		6,488,984		—		6,488,984
Commercial Banks		—		30,829,138		—		30,829,138
Commercial Services & Supplies		4,501,524		4,173,765		—		8,675,289
Diversified Financial Services		15,873,427		6,708,725		—		22,582,152
Diversified Telecommunication Services		—		1,859,101		—		1,859,101
Electric Utilities		—		2,294,895		—		2,294,895
Electrical Equipment		138,942		2,306,355		—		2,445,297
Electronic Equipment, Instruments & Components		—		9,764,165		—		9,764,165
Energy Equipment & Services		6,909,173		2,691,247		—		9,600,420
Food & Staples Retailing		9,504,712		2,978,297		—		12,483,009
Food Products		—		9,497,921		—		9,497,921
Gas Utilities		—		3,372,589		—		3,372,589
Hotels, Restaurants & Leisure		—		2,481,209		—		2,481,209
Household Durables		—		4,338,529		—		4,338,529
Independent Power Producers & Energy Traders		—		3,573,018		—		3,573,018
Insurance		13,169,763		7,169,891		—		20,339,654
Internet Software & Services		11,056,187		2,869,029		—		13,925,216
IT Services		3,848,756		3,814,748		—		7,663,504
Machinery		—		3,110,242		—		3,110,242
Metals & Mining		5,894,723		12,828,295		—		18,723,018
Office Electronics		—		4,620,466		—		4,620,466
Oil, Gas & Consumable Fuels		14,018,020		17,809,499		—		31,827,519
Personal Products		—		2,963,144		—		2,963,144
Pharmaceuticals		13,627,608		10,991,839		—		24,619,447
Real Estate Investment Trusts (REITs)		2,990,649		1,563,335		—		4,553,984
Real Estate Management & Development		—		15,306,046		—		15,306,046
Semiconductors & Semiconductor Equipment		—		10,138,268		—		10,138,268
Software		13,217,987		5,399,984		—		18,617,971
Specialty Retail		3,388,312		2,720,404		—		6,108,716
Wireless Telecommunication Services		15,554,323		4,466,959		—		20,021,282
All Other Industries(b)		70,279,456		—		—		70,279,456
Total Equity Securities		221,264,282		234,397,501		—		455,661,783
Other
Affiliated Money Market Fund(c)		3,059,328		—		—		3,059,328
Investments of Cash Collateral Received for Securities on Loan(d)		8,289,118		—		—		8,289,118
Total Other		11,348,446		—		—		11,348,446
Total	$	232,612,728	$	234,397,501	$	—	$	467,010,229

(a)	Includes certain securities trading outside the U.S. whose values were adjusted as a result of significant market movements following the close of local trading. Therefore, these investment securities were classified as Level 2 instead of Level 1.
(b)	Industry classifications are identified in the Portfolio of Investments.
(c)	Money market fund that is a sweep investment for cash balances in the Fund at Jan. 31, 2010.
(d)	Asset categories for Investments of Cash Collateral are identified in the Portfolio of Investments.

Portfolio of Investments
Threadneedle Global Equity Income Fund
Jan. 31, 2010 (Unaudited)

(Percentages represent value of investments compared to net assets)

Investments in Securities

Common Stocks (93.4%)(c)

Issuer	Shares			Value(a)
Australia (4.2%)
Coca-Cola Amatil		41,096		$	396,894
Foster’s Group		43,123			203,284
Natl Australia Bank		13,837	(b)		321,385
Telstra		101,667			299,805
Total					1,221,368
Brazil (2.9%)
Cia de Bebidas das Americas		3,700			337,873
Cielo		11,400			90,261
Natura Cosmeticos		13,400			240,061
Redecard		11,500			159,950
Total					828,145
Canada (1.7%)
Baytex Energy Trust Units		17,357			495,195
China (1.3%)
Bank of China Series H		422,000			201,875
CNOOC		118,000			165,458
Total					367,333
Finland (3.5%)
Fortum		9,826			249,315
Sampo Series A		18,987			458,587
Wartsila		6,295	(b)		296,245
Total					1,004,147
France (4.8%)
France Telecom		8,548			195,953
Sanofi-Aventis		3,614			267,196
Total		7,590			438,588
Vivendi		19,091			496,267
Total					1,398,004
Germany (4.1%)
Allianz		1,327			146,875
BASF		7,810			442,035
Bayer		2,297			157,184
Deutsche Telekom		13,917	(b)		181,092
E.ON		7,177			263,886
Total					1,191,072
Greece (0.6%)
OPAP		8,529			186,045
Hong Kong (4.6%)
Champion REIT		1,092,000	(b)		459,560
Great Eagle Holdings		77,209	(b)		188,012

Issuer	Shares			Value(a)
Hang Lung Properties		60,000			203,654
Hang Seng Bank		18,300			255,525
Sun Hung Kai Properties		18,000			230,387
Total					1,337,138
Indonesia (0.7%)
Perusahaan Gas Negara		519,500			208,170
Italy (2.5%)
Eni		18,091			420,398
Snam Rete Gas		24,069			113,240
Telecom Italia		136,667			204,311
Total					737,949
Japan (3.7%)
Hoya		11,200			298,640
Nintendo		1,800			501,872
Oracle Japan		6,200	(b)		267,064
Total					1,067,576
Malaysia (0.4%)
Maxis		71,000			112,149
Mexico (1.1%)
Grupo Continental		124,300			327,926
Netherlands (1.0%)
Royal Dutch Shell Series B		10,930			290,716
Norway (0.7%)
Statoil		9,100			204,304
Singapore (2.6%)
Ascendas Real Estate Investment Trust		142,000			193,513
DBS Group Holdings		55,500			559,316
Total					752,829
Spain (2.5%)
Banco Santander		31,416	(b)		448,585
Telefonica		11,115			266,227
Total					714,812
Sweden (1.6%)
Holmen Series B		6,474			155,041
Skanska Series B		20,313			314,438
Total					469,479
Taiwan (5.1%)
Chunghwa Telcom ADR		14,467			274,589
Delta Electronics		104,040			313,339
HTC		38,000			371,452
Hung Poo Real Estate Development		182,000			259,025
Taiwan Semiconductor Mfg		144,000			273,396
Total					1,491,801

Issuer	Shares		Value(a)
United Kingdom (19.9%)
Admiral Group		25,892		466,131
AstraZeneca		8,386		389,199
BAE Systems		56,710		318,013
BP		76,969		718,035
British American Tobacco		12,648		418,025
Close Brothers Group		18,595		204,315
GlaxoSmithKline		19,626		381,915
ICAP		30,812		181,030
Intl Power		63,895		326,171
Man Group		56,542		211,884
Natl Grid		31,152		312,843
Northern Foods		260,213		257,762
Pearson		44,473		629,699
RSA Insurance Group		80,174		163,917
Vodafone Group		203,975		435,720
Wincanton		106,124		377,625
Total				5,792,284
United States (23.9%)
AllianceBernstein Holding LP		12,957		333,514
Altria Group		20,371		404,568
AT&T		12,212		309,696
BP Prudhoe Bay Royalty Trust		7,827		637,979
Bristol-Myers Squibb		20,924		509,709
CenturyTel		12,462		423,833
Diamond Offshore Drilling		4,693		429,550
EI du Pont de Nemours & Co		4,467		145,669
Home Depot		9,946		278,587
Kinder Morgan Energy Partners LP		8,329		506,736
Merck & Co		17,068		651,656
Packaging Corp of America		11,999		264,458
Parkway Properties		6,566		136,770
Pfizer		18,214		339,873
Philip Morris Intl		8,405		382,512
Plum Creek Timber		8,501		307,481
Reynolds American		6,741		358,621
Southern		10,182		325,824
Verizon Communications		6,475		190,495
Total				6,937,531
Total Common Stocks (Cost: $23,690,440)			$	27,135,973

Bonds (3.6%)(c)

	Coupon			Principal
Issuer	rate			amount		Value(a)
Finland (2.2%)
Talvivaara Mining Sr Unsecured
(European Monetary Unit) Cv
05-20-13		5.25	%	$	500,000	$	624,701
Jersey (1.4%)
Intl Power Finance III
(European Monetary Unit) Cv
06-05-15		4.75			300,000		414,559
Total Bonds (Cost: $574,217)						$	1,039,260

Money Market Fund (2.6%)

	Shares			Value(a)
RiverSource Short-Term Cash Fund, 0.16%		751,032	(d)	$	751,032
Total Money Market Fund (Cost: $751,032)				$	751,032

Investments of Cash Collateral Received for Securities on Loan (5.5%)

	Shares		Value(a)
Cash Collateral Reinvestment Fund
JPMorgan Prime Money Market Fund		1,608,599	$	1,608,599
Total Investments of Cash Collateral Received for Securities on Loan (Cost: $1,608,599)			$	1,608,599
Total Investments in Securities (Cost: $26,624,288)(e)			$	30,534,864

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.

Summary of Investments in Securities by Industry

The following table represents the portfolio investments of the Fund by industry classifications as a percentage of net assets at Jan. 31, 2010:

	Percentage of net
Industry	assets			Value(a)
Aerospace & Defense		1.1	%	$	318,013
Air Freight & Logistics		1.3			377,625
Beverages		4.4			1,265,977
Capital Markets		3.2			930,743
Chemicals		2.0			587,704
Commercial Banks		6.1			1,786,686
Computers & Peripherals		1.3			371,452
Construction & Engineering		1.1			314,438
Containers & Packaging		0.9			264,458
Diversified Telecommuncation Services		8.1			2,346,001
Electric		1.4			414,559
Electric Utilities		2.9			839,025
Electronic Equipment, Instruments & Components		2.1			611,979
Energy Equipment & Services		1.5			429,550
Food Products		0.9			257,762
Gas Utilities		1.1			321,410
Hotels, Restaurants & Leisure		0.6			186,045
Independent Power Producers & Energy Traders		1.1			326,171
Insurance		4.3			1,235,510
IT Services		0.9			250,211
Machinery		1.0			296,245
Media		3.9			1,125,966
Metals		2.2			624,701
Multi-Utilities		1.1			312,843
Oil, Gas & Consumable Fuels		13.3			3,877,409
Paper & Forest Products		0.5			155,041
Personal Products		0.8			240,061
Pharmaceuticals		9.3			2,696,732
Real Estate Investment Trust (REITs)		3.8			1,097,324
Real Estate Management & Development		3.0			881,078
Semiconductors & Semiconductor Equipment		0.9			273,396
Software		2.6			768,936
Specialty Retail		1.0			278,587
Tobacco		5.4			1,563,726
Wireless Telecommunication Services		1.9			547,869
Other(1)		8.1			2,359,631
Total				$	30,534,864

(1) Cash & Cash Equivalents.

Notes to Portfolio of Investments

ADR — American Depository Receipt

(a)	Securities are valued by using policies described in Note 2 to the financial statements in the most recent Annual Report dated Oct. 31, 2009.
(b)	At Jan. 31, 2010, security was partially or fully on loan.
(c)	Foreign security values are stated in U.S. dollars. For debt securities, principal amounts are denominated in U.S. dollar currency unless otherwise noted.
(d)	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 Jan. 31, 2010.
(e)	At Jan. 31, 2010, the cost of securities for federal income tax purposes was approximately $26,624,000 and the approximate aggregate gross unrealized appreciation and depreciation based on that cost was:

Unrealized appreciation	$	4,472,000
Unrealized depreciation		(561,000	)
Net unrealized appreciation	$	3,911,000

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 Annual Report dated Oct. 31, 2009.

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 Jan. 31, 2010:

	Fair value at Jan. 31, 2010
	Level 1		Level 2
	quoted prices		other		Level 3
	in active		significant		significant
	markets for		observable		unobservable
Description	identical assets		inputs		inputs		Total
Equity Securities
Common Stocks(a)
Aerospace & Defense	$	—	$	318,013	$	—	$	318,013
Air Freight & Logistics		—		377,625		—		377,625
Beverages		—		1,265,977		—		1,265,977
Capital Markets		333,513		597,230		—		930,743
Chemicals		145,669		442,035		—		587,704
Commercial Banks		—		1,786,686		—		1,786,686
Computers & Peripherals		—		371,452		—		371,452
Construction & Engineering		—		314,438		—		314,438
Diversified Telecommunication Services		1,198,613		1,147,388		—		2,346,001
Electric Utilities		325,824		513,201		—		839,025
Electronic Equipment, Instruments & Components		—		611,979		—		611,979
Food Products		—		257,762		—		257,762
Gas Utilities		—		321,410		—		321,410
Hotels, Restaurants & Leisure		—		186,045		—		186,045
Independent Power Producers & Energy Traders		—		326,171		—		326,171
Insurance		—		1,235,510		—		1,235,510
IT Services		—		250,211		—		250,211
Machinery		—		296,245		—		296,245
Media		—		1,125,966		—		1,125,966
Multi-Utilities		—		312,843		—		312,843
Oil, Gas & Consumable Fuels		1,639,910		2,237,499		—		3,877,409
Paper & Forest Products		—		155,041		—		155,041
Personal Products		—		240,061		—		240,061
Pharmaceuticals		1,501,238		1,195,494		—		2,696,732
Real Estate Investment Trusts (REITs)		444,251		653,073		—		1,097,324
Real Estate Management & Development		—		881,078		—		881,078
Semiconductors & Semiconductor Equipment		—		273,396		—		273,396
Software		—		768,936		—		768,936
Tobacco		1,145,701		418,025		—		1,563,726
Wireless Telecommunication Services		—		547,869		—		547,869
All Other Industries(b)		972,595		—		—		972,595
Total Equity Securities		7,707,314		19,428,659		—		27,135,973
Bonds
Corporate Debt Securities		—		414,559		624,701		1,039,260
Total Bonds		—		414,559		624,701		1,039,260
Other
Affiliated Money Market Fund(c)		751,032		—		—		751,032
Investments of Cash Collateral Received for Securities on Loan(d)		1,608,599		—		—		1,608,599
Total Other		2,359,631		—		—		2,359,631
Total	$	10,066,945	$	19,843,218	$	624,701	$	30,534,864

(a)	Includes certain securities trading outside the U.S. whose values were adjusted as a result of significant market movements following the close of local trading. Therefore, these investment securities were classified as Level 2 instead of Level 1.
(b)	Industry classifications are identified in the Portfolio of Investments.
(c)	Money market fund that is a sweep investment for cash balances in the Fund at Jan. 31, 2010.
(d)	Asset categories for Investments of Cash Collateral are identified in the Portfolio of Investments.

The following table is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value.

	Corporate Debt
	Securities
Balance as of Oct. 31, 2009	$	—
Accrued discounts/premiums		618,029
Realized gain (loss)		16,150
Change in unrealized appreciation (depreciation)*		—
Net purchases (sales)		(9,478	)
Transfers in and/or out of Level 3		—
Balance as of Jan. 31, 2010	$	624,701

*  Change in unrealized appreciation (depreciation) relating to securities held at Jan. 31, 2010 was $10,584.

Portfolio of Investments
Threadneedle Global Extended Alpha Fund
Jan. 31, 2010 (Unaudited)

(Percentages represent value of investments compared to net assets)

Investments in Securities

Common Stocks (94.1%)(c)

Issuer	Shares			Value(a)
Belgium (0.8%)
Fortis		18,000	(b)	$	63,356
Bermuda (1.2%)
PartnerRe		1,275			95,102
Brazil (1.9%)
Cielo		9,080			71,892
Natura Cosmeticos		4,400			78,826
Total					150,718
Canada (2.6%)
CGI Group Cl A		9,500	(b)		125,203
Nexen		3,500			76,790
Total					201,993
France (2.3%)
Euler Hermes		800	(d)		64,774
Renault		2,400	(b)		112,649
Total					177,423
Germany (1.5%)
Linde		1,090			119,652
Hong Kong (2.0%)
Great Eagle Holdings		16,359	(d)		39,835
Hongkong & Shanghai Hotels		55,000	(d)		77,428
KWG Property Holding		65,000			39,119
Total					156,382
India (1.4%)
State Bank of India GDR		1,260			112,471
Indonesia (1.0%)
Bank Rakyat Indonesia		100,000			81,123
Ireland (1.4%)
Accenture Cl A		2,646			108,460
Japan (4.7%)
Asahi Breweries		8,000			155,212
Hoya		3,800			101,324
Osaka Securities Exchange		20			111,037
Total					367,573
Luxembourg (0.7%)
Millicom Intl Cellular		810			57,769

Issuer	Shares			Value(a)
Mexico (1.5%)
America Movil ADR Series L		2,650			115,673
Netherlands (1.6%)
Fugro		2,080			123,337
Singapore (0.8%)
DBS Group Holdings		6,000			60,467
South Korea (3.2%)
NHN		1,050	(b)		155,837
Samsung Electronics		140			94,096
Total					249,933
Spain (1.2%)
Banco Santander		6,598	(d)		94,212
Switzerland (5.7%)
Mettler Toledo Intl		1,300	(b)		126,711
Nestlé		3,250			154,085
Novartis		1,610			86,176
Roche Holding		500			83,901
Total					450,873
Taiwan (1.1%)
Hon Hai Precision Industry		20,000			83,353
Turkey (0.9%)
Turkiye Garanti Bankasi		17,000			71,340
United Kingdom (13.1%)
Aggreko		8,500			122,124
Autonomy		3,850	(b)		95,360
BG Group		9,000			165,434
Chemring Group		2,500			128,214
Ensco Intl ADR		3,250			126,848
ICAP		7,000			41,127
Tullow Oil		8,000			146,517
Vodafone Group		59,200			126,460
Weir Group		6,800			83,672
Total					1,035,756
United States (43.5%)
Altria Group		8,259			164,024
American Tower Cl A		4,791	(b)		203,377
Bank of America		6,000			91,080
CF Inds Holdings		650			60,359
Cisco Systems		6,800	(b)		152,796
Cloud Peak Energy		3,875	(b)		52,351
Coca-Cola		3,249			176,258
Colgate-Palmolive		1,996			159,740
Dell		6,255	(b)		80,690
DIRECTV Group Cl A		3,400	(b)		103,190
Goldman Sachs Group		400			59,488
Hartford Financial Services Group		2,545			61,055
IBM		2,182			267,054

Issuer	Shares			Value(a)
Johnson & Johnson		3,100			194,866
Jones Lang LaSalle		1,801			102,676
Laboratory Corp of America Holdings		1,449	(b)		103,024
Lowe’s Companies		4,000			86,600
Merck & Co		3,300			125,994
Oracle		7,500			172,950
Republic Services		6,300			168,777
SL Green Realty		1,452			66,051
Thermo Fisher Scientific		2,990	(b)		137,989
Travelers Companies		1,730			87,659
Ultra Petroleum		2,450	(b)		112,553
Union Pacific		1,400			84,700
Walgreen		3,700			133,385
WESCO Intl		2,900	(b)		80,388
Western Union		8,000			148,320
Total					3,437,394
Total Common Stocks (Cost: $6,661,923)				$	7,414,360
Money Market Fund (7.9%)

	Shares			Value(a)
RiverSource Short-Term Cash Fund, 0.16%		621,954	(e)	$	621,954
Total Money Market Fund (Cost: $621,954)				$	621,954
Investments of Cash Collateral Received for Securities on Loan (2.3%)

	Shares		Value(a)
Cash Collateral Reinvestment Fund
JPMorgan Prime Money Market Fund		185,050	$	185,050
Total Investments of Cash Collateral Received for Securities on Loan (Cost: $185,050)			$	185,050
Total Investments in Securities (Cost: $7,468,927)(f)			$	8,221,364

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.

Summary of Investments in Securities by Industry

The following table represents the portfolio investments of the Fund by industry classifications as a percentage of net assets at Jan. 31, 2010:

	Percentage of net
Industry	assets			Value(a)
Aerospace & Defense		1.6	%	$	128,214
Automobiles		1.4			112,649
Beverages		4.2			331,470
Capital Markets		1.3			100,615
Chemicals		2.3			180,011
Commercial Banks		5.3			419,613
Commercial Services & Supplies		3.7			290,901
Communications Equipment		1.9			152,796
Computers & Peripherals		4.4			347,744
Diversified Financial Services		2.6			202,117
Electronic Equipment, Instruments & Components		2.3			184,677
Energy Equipment & Services		3.2			250,185
Food & Staples Retailing		1.7			133,385
Food Products		2.0			154,085
Health Care Providers & Services		1.3			103,024
Hotels, Restaurants & Leisure		1.0			77,428
Household Products		2.0			159,740
Insurance		4.7			371,946
Internet Software & Services		2.0			155,837
IT Services		5.8			453,875
Life Sciences Tools & Services		3.4			264,700
Machinery		1.1			83,672
Media		1.3			103,190
Oil, Gas & Consumable Fuels		7.0			553,645
Personal Products		1.0			78,826
Pharmaceuticals		6.2			490,937
Real Estate Investment Trusts (REITs)		0.8			66,051
Real Estate Management & Development		2.3			181,630
Road & Rail		1.1			84,700
Semiconductors & Semiconductor Equipment		1.2			94,096
Software		3.4			268,310
Specialty Retail		1.1			86,600
Tobacco		2.1			164,024
Trading Companies & Distributors		1.0			80,388
Wireless Telecommunication Services		6.4			503,279
Other(1)		10.2			807,004
Total				$	8,221,364

(1) Cash & Cash Equivalents.

Investments in Derivatives

Portfolio Swap⁽¹⁾ Outstanding at Jan. 31, 2010

		Next	Net unrealized
Counterparty	Description	reset date	depreciation
UBS	The Fund receives(pays) the total return on a custom basket of long(short) equity positions and pays(receives) a floating rate based on the 1-day LIBOR which is denominated in various foreign currencies based on the local currencies of the securities underlying the custom basket.	Feb. 8, 2010	$	(41,749	)
Total			$	(41,749	)

(1)

The Fund has entered into a portfolio swap agreement. A portfolio swap allows the Fund to obtain exposure to a custom basket of securities and foreign markets (both long and short exposures) without owning or taking physical custody of such securities. Under the terms of the agreement, payments made by the Fund or the counterparty are based on the total return of the reference assets within the basket. That is, one party agrees to pay another party the return on the basket in return for a specified interest rate. The agreement allows the Investment Manager of the Fund to alter the composition of the custom basket by trading in and out of the notional security positions at its discretion.

The notional amounts of the security positions held in the basket are not recorded in the financial statements. The portfolio swap is valued daily, and the change in value is recorded as unrealized appreciation (depreciation). The swap resets monthly at which time the Fund settles in cash with the counterparty. Payments received or made are recorded as realized gains (losses).

Notes to Portfolio of Investments

ADR — American Depository Receipt

GDR — Global Depository Receipt

(a)	Securities are valued by using policies described in Note 2 to the financial statements in the most recent Annual Report dated Oct. 31, 2009.
(b)	Non-income producing.
(c)	Foreign security values are stated in U.S. dollars.
(d)	At Jan. 31, 2010, security was partially or fully on loan.
(e)	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 Jan. 31, 2010.

(f) At Jan. 31, 2010, the cost of securities for federal income tax purposes was approximately $7,469,000 and the approximate aggregate gross unrealized appreciation and depreciation based on that cost was:

Unrealized appreciation	$	837,000
Unrealized depreciation		(85,000	)
Net unrealized appreciation	$	752,000

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 Annual Report dated Oct. 31, 2009.

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 Jan. 31, 2010:

	Fair value at Jan. 31, 2010
	Level 1		Level 2
	quoted prices		other			Level 3
	in active		significant			significant
	markets for		observable			unobservable
Description	identical assets		inputs			inputs		Total
Equity Securities
Common Stocks(a)
Aerospace & Defense	$	—	$	128,214		$	—	$	128,214
Automobiles		—		112,649			—		112,649
Beverages		176,258		155,212			—		331,470
Capital Markets		59,488		41,127			—		100,615
Chemicals		60,359		119,652			—		180,011
Commercial Banks		—		419,613			—		419,613
Commercial Services & Supplies		168,777		122,124			—		290,901
Diversified Financial Services		91,080		111,037			—		202,117
Electronic Equipment, Instruments & Components		—		184,677			—		184,677
Energy Equipment & Services		126,848		123,337			—		250,185
Food Products		—		154,085			—		154,085
Hotels, Restaurants & Leisure		—		77,428			—		77,428
Insurance		243,816		128,130			—		371,946
Internet Software & Services		—		155,837			—		155,837
IT Services		381,983		71,892			—		453,875
Machinery		—		83,672			—		83,672
Oil, Gas & Consumable Fuels		241,694		311,951			—		553,645
Personal Products		—		78,826			—		78,826
Pharmaceuticals		320,860		170,077			—		490,937
Real Estate Management & Development		102,675		78,955			—		181,630
Semiconductors & Semiconductor Equipment		—		94,096			—		94,096
Software		172,950		95,360			—		268,310
Wireless Telecommunication Services		376,819		126,460			—		503,279
All Other Industries(b)		1,746,342		—			—		1,746,342
Total Equity Securities		4,269,949		3,144,411			—		7,414,360
Other
Affiliated Money Market Fund (c)		621,954		—			—		621,954
Investments of Cash Collateral Received for Securities on Loan (d)		185,050		—			—		185,050
Total Other		807,004		—			—		807,004
Investments in Securities		5,076,953		3,144,411			—		8,221,364
Other Financial Instruments (e)		—		(41,749	)		—		(41,749	)
Total	$	5,076,953	$	3,102,662		$	—	$	8,179,615

(a)	Includes certain securities trading outside the U.S. whose values were adjusted as a result of significant market movements following the close of local trading. Therefore, these investment securities were classified as Level 2 instead of Level 1.
(b)	Industry classifications are identified in the Portfolio of Investments.
(c)	Money market fund that is a sweep investment for cash balances in the Fund at Jan. 31, 2010.
(d)	Asset categories for Investments of Cash Collateral are identified in the Portfolio of Investments.
(e)	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 Global Series, Inc.

By	/s/ Patrick T. Bannigan
	Patrick T. Bannigan
	President and Principal Executive Officer
Date	March 31, 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/ Patrick T. Bannigan
	Patrick T. Bannigan
	President and Principal Executive Officer
Date	March 31, 2010
By	/s/ Jeffrey P. Fox
	Jeffrey P. Fox
	Treasurer and Principal Financial Officer
Date	March 31, 2010