|
Here are the average annual total returns on a $1,000 investment with all distributions reinvested for periods ended March 31, 2012:
|
||||||||||||
1 year
|
5 years
|
10 years
|
||||||||||
Class A shares
|
||||||||||||
Reflecting 5.75% maximum sales charge
|
–8.09 | % | 0.28 | % | 7.54 | % |
Results at a glance
|
||||||||||||||||||||
For periods ended March 31, 2012, with all distributions reinvested
|
||||||||||||||||||||
Average annual total returns
|
||||||||||||||||||||
Lifetime
|
||||||||||||||||||||
Total returns
|
(since
|
|||||||||||||||||||
6 months
|
1 year
|
5 years
|
10 years
|
4/30/90)
|
||||||||||||||||
SMALLCAP World Fund
|
||||||||||||||||||||
(Class A shares)
|
23.7 | % | –2.5 | % | 1.5 | % | 8.2 | % | 9.4 | % | ||||||||||
MSCI All Country World
|
||||||||||||||||||||
Small Cap Index*
|
22.3 | –3.6 | 2.2 | 10.1 | n/a | |||||||||||||||
Lipper Global Small-Cap
|
||||||||||||||||||||
Funds Average
|
21.2 | –2.5 | 0.3 | 7.6 | 9.3 | |||||||||||||||
*This index is unmanaged and, therefore, has no expenses. It is a free float-adjusted market capitalization weighted index that is designed to measure equity market results of smaller capitalization companies in both developed and emerging markets. This index was not in existence as of the date the fund began investment operations; therefore, lifetime results are not available.
|
Where are SMALLCAP’s holdings located?
|
As of March 31, 2012
|
Percent of net assets | |||||
n |
United States
|
43.5 | % | |||
n |
Asia & Pacific Basin
|
22.4 | ||||
n |
Europe
|
20.7 | ||||
n |
Other (including Canada & Latin America)
|
6.7 | ||||
n |
Short-term securities & other assets less liabilities
|
6.7 |
As of September 30, 2011
|
Percent of net assets | |||||
n |
United States
|
39.7 | % | |||
n |
Asia & Pacific Basin
|
23.8 | ||||
n |
Europe
|
20.0 | ||||
n |
Other (including Canada & Latin America)
|
7.2 | ||||
n |
Short-term securities & other assets less liabilities
|
9.3 |
Industry sector diversification
|
Percent of net assets
|
|||
Consumer discretionary
|
18.32 | % | ||
Industrials
|
13.43 | |||
Health care
|
13.16 | |||
Information technology
|
12.03 | |||
Financials
|
8.88 | |||
Other industries
|
26.66 | |||
Other securities
|
0.79 | |||
Short-term securities & other assets less liabilities
|
6.73 |
Country diversification
|
Percent of net assets
|
|||
United States
|
43.5 | % | ||
United Kingdom
|
8.5 | |||
Euro zone*
|
7.9 | |||
China
|
3.8 | |||
India
|
3.7 | |||
Australia
|
3.1 | |||
Canada
|
2.9 | |||
Hong Kong
|
2.5 | |||
Brazil
|
2.2 | |||
Japan
|
2.1 | |||
Indonesia
|
1.6 | |||
Other countries
|
11.5 | |||
Short-term securities & other assets less liabilities
|
6.7 | |||
*Countries using the euro as a common currency; those represented in the fund's portfolio are Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, the Netherlands, Slovenia and Spain.
|
Percent
|
||||||||||||
Value
|
of net
|
|||||||||||
Common stocks - 92.48%
|
Shares
|
(000 | ) |
assets
|
||||||||
Consumer discretionary - 18.32%
|
||||||||||||
lululemon athletica inc. (1)
|
2,442,100 | $ | 182,376 | .91 | ||||||||
Mr Price Group Ltd.
|
10,577,613 | 130,086 | .65 | |||||||||
Virgin Media Inc.
|
5,062,500 | 126,461 | .63 | |||||||||
Chipotle Mexican Grill, Inc. (1)
|
298,000 | 124,564 | .62 | |||||||||
Lions Gate Entertainment Corp. (1) (2)
|
8,000,000 | 111,360 | .55 | |||||||||
Delticom AG (2)
|
946,921 | 100,906 | .50 | |||||||||
Paddy Power PLC
|
1,546,226 | 97,377 | .48 | |||||||||
DSW Inc., Class A
|
1,557,000 | 85,277 | .42 | |||||||||
Liberty Media Corp., Class A (1)
|
938,912 | 82,765 | .41 | |||||||||
TOD'S SpA
|
718,225 | 80,799 | .40 | |||||||||
CTC Media, Inc.
|
6,787,000 | 78,933 | .39 | |||||||||
CarMax, Inc. (1)
|
2,257,000 | 78,205 | .39 | |||||||||
Tesla Motors, Inc. (1)
|
1,916,355 | 71,365 | .36 | |||||||||
Other securities
|
2,332,573 | 11.61 | ||||||||||
3,683,047 | 18.32 | |||||||||||
Industrials - 13.43%
|
||||||||||||
MSC Industrial Direct Co., Inc., Class A
|
2,147,500 | 178,844 | .89 | |||||||||
Intertek Group PLC
|
2,702,000 | 108,522 | .54 | |||||||||
MTU Aero Engines Holding AG
|
1,138,000 | 91,657 | .46 | |||||||||
Chart Industries, Inc. (1)
|
1,106,000 | 81,103 | .40 | |||||||||
Michael Page International PLC
|
9,727,502 | 74,684 | .37 | |||||||||
Other securities
|
2,165,391 | 10.77 | ||||||||||
2,700,201 | 13.43 | |||||||||||
Health care - 13.16%
|
||||||||||||
Regeneron Pharmaceuticals, Inc. (1)
|
1,368,820 | 159,632 | .79 | |||||||||
Pharmacyclics, Inc. (1) (2)
|
4,299,474 | 119,353 | .59 | |||||||||
Endo Pharmaceuticals Holdings Inc. (1)
|
2,664,100 | 103,181 | .51 | |||||||||
Intuitive Surgical, Inc. (1)
|
155,000 | 83,971 | .42 | |||||||||
AMERIGROUP Corp. (1)
|
1,227,029 | 82,554 | .41 | |||||||||
Fleury SA, ordinary nominative
|
6,190,750 | 81,732 | .41 | |||||||||
Incyte Corp. (1)
|
4,052,400 | 78,211 | .39 | |||||||||
Cochlear Ltd.
|
1,138,910 | 73,026 | .36 | |||||||||
Sysmex Corp.
|
1,764,000 | 71,182 | .36 | |||||||||
Other securities
|
1,792,434 | 8.92 | ||||||||||
2,645,276 | 13.16 | |||||||||||
Information technology - 12.03%
|
||||||||||||
AAC Technologies Holdings Inc.
|
58,436,000 | 158,778 | .79 | |||||||||
National Instruments Corp.
|
3,686,479 | 105,138 | .52 | |||||||||
Compuware Corp. (1)
|
10,362,622 | 95,232 | .47 | |||||||||
Hittite Microwave Corp. (1) (2)
|
1,659,950 | 90,152 | .45 | |||||||||
Dialog Semiconductor PLC (1) (2)
|
3,434,421 | 83,892 | .42 | |||||||||
Elster Group SE (ADR) (1)
|
5,141,400 | 81,285 | .40 | |||||||||
Kingboard Chemical Holdings Ltd.
|
22,804,200 | 79,728 | .40 | |||||||||
SINA Corp. (1)
|
1,135,000 | 73,775 | .37 | |||||||||
Vistaprint NV (1) (2)
|
1,860,000 | 71,889 | .36 | |||||||||
Other securities
|
1,578,817 | 7.85 | ||||||||||
2,418,686 | 12.03 | |||||||||||
Financials - 8.88%
|
||||||||||||
East West Bancorp, Inc.
|
4,462,771 | 103,045 | .51 | |||||||||
Onex Corp.
|
2,637,700 | 97,078 | .49 | |||||||||
Kotak Mahindra Bank Ltd.
|
7,170,098 | 76,754 | .38 | |||||||||
Brait SE (1) (2)
|
27,468,288 | 74,516 | .37 | |||||||||
YES BANK Ltd.
|
10,065,832 | 72,868 | .36 | |||||||||
Assured Guaranty Ltd.
|
4,330,000 | 71,532 | .36 | |||||||||
Other securities
|
1,288,462 | 6.41 | ||||||||||
1,784,255 | 8.88 | |||||||||||
Materials - 6.98%
|
||||||||||||
African Petroleum Corp. Ltd. (1)
|
69,088,868 | 121,661 | .61 | |||||||||
AptarGroup, Inc.
|
1,893,442 | 103,704 | .52 | |||||||||
Chr. Hansen Holding A/S
|
3,676,000 | 95,136 | .47 | |||||||||
Kenmare Resources PLC (1)
|
109,972,782 | 88,215 | .44 | |||||||||
African Minerals Ltd. (1)
|
8,638,121 | 76,544 | .38 | |||||||||
James Hardie Industries SE
|
9,282,744 | 73,847 | .37 | |||||||||
Other securities
|
843,232 | 4.19 | ||||||||||
1,402,339 | 6.98 | |||||||||||
Energy - 6.68%
|
||||||||||||
Ophir Energy PLC (1)
|
18,733,200 | 152,067 | .76 | |||||||||
InterOil Corp. (1) (2)
|
2,626,200 | 135,013 | .67 | |||||||||
Gulf Keystone Petroleum Ltd. (1) (3)
|
25,856,814 | 108,461 | .54 | |||||||||
Pacific Rubiales Energy Corp.
|
3,546,300 | 103,603 | .51 | |||||||||
Other securities
|
844,317 | 4.20 | ||||||||||
1,343,461 | 6.68 | |||||||||||
Consumer staples - 5.02%
|
||||||||||||
PT Sumber Alfaria Trijaya Tbk (1) (2)
|
238,268,000 | 130,287 | .65 | |||||||||
Raia Drogasil SA, ordinary nominative
|
8,424,812 | 81,920 | .41 | |||||||||
Other securities
|
796,021 | 3.96 | ||||||||||
1,008,228 | 5.02 | |||||||||||
Utilities - 1.80%
|
||||||||||||
ENN Energy Holdings Ltd. (2)
|
57,213,000 | 197,450 | .98 | |||||||||
Other securities
|
163,677 | .82 | ||||||||||
361,127 | 1.80 | |||||||||||
Telecommunication services - 1.19%
|
||||||||||||
Other securities
|
239,682 | 1.19 | ||||||||||
Miscellaneous - 4.99%
|
||||||||||||
Other common stocks in initial period of acquisition
|
1,002,971 | 4.99 | ||||||||||
Total common stocks (cost: $14,521,207,000)
|
18,589,273 | 92.48 | ||||||||||
Percent
|
||||||||||||
Value
|
of net
|
|||||||||||
Preferred stocks - 0.08%
|
(000 | ) |
assets
|
|||||||||
Financials - 0.08%
|
||||||||||||
Other securities
|
16,450 | .08 | ||||||||||
Total preferred stocks (cost: $13,738,000)
|
16,450 | .08 | ||||||||||
Percent
|
||||||||||||
Value
|
of net
|
|||||||||||
Warrants - 0.02%
|
(000 | ) |
assets
|
|||||||||
Other - 0.02%
|
||||||||||||
Other securities
|
4,882 | .02 | ||||||||||
Total warrants (cost: $2,398,000)
|
4,882 | .02 | ||||||||||
Percent
|
||||||||||||
Value
|
of net
|
|||||||||||
Convertible securities - 0.45%
|
(000 | ) |
assets
|
|||||||||
Other - 0.45%
|
||||||||||||
Other securities
|
89,661 | .45 | ||||||||||
Total convertible securities (cost: $87,979,000)
|
89,661 | .45 | ||||||||||
Percent
|
||||||||||||
Value
|
of net
|
|||||||||||
Bonds & notes - 0.24%
|
(000 | ) |
assets
|
|||||||||
Other - 0.24%
|
||||||||||||
Other securities
|
48,772 | .24 | ||||||||||
Total bonds & notes (cost: $41,611,000)
|
48,772 | .24 | ||||||||||
Principal
|
Percent
|
|||||||||||
amount
|
Value
|
of net
|
||||||||||
Short-term securities - 6.72%
|
(000 | ) | (000 | ) |
assets
|
|||||||
Fannie Mae 0.055%-0.20% due 5/2-10/2/2012
|
310,890 | 310,766 | 1.55 | |||||||||
U.S. Treasury Bills 0.055%-0.131% due 4/5-8/16/2012
|
280,000 | 279,937 | 1.39 | |||||||||
Federal Home Loan Bank 0.085%-0.20% due 4/11-12/20/2012
|
170,164 | 170,109 | .85 | |||||||||
Freddie Mac 0.07%-0.17% due 6/4/2012-1/9/2013
|
101,225 | 101,144 | .50 | |||||||||
Hydro-Québec 0.13% due 5/22/2012 (3)
|
50,000 | 49,977 | ||||||||||
Québec (Province of) 0.13% due 5/30/2012 (3)
|
21,700 | 21,688 | .36 | |||||||||
Other securities
|
417,241 | 2.07 | ||||||||||
Total short-term securities (cost: $1,350,899,000)
|
1,350,862 | 6.72 | ||||||||||
Total investment securities (cost: $16,017,832,000)
|
20,099,900 | 99.99 | ||||||||||
Other assets less liabilities
|
1,203 | .01 | ||||||||||
Net assets
|
$ | 20,101,103 | 100.00 | % |
As permitted by U.S. Securities and Exchange Commission regulations, "Miscellaneous" securities include holdings in their first year of acquisition that have not previously been publicly disclosed.
|
|||
"Other securities" includes all issues that are not disclosed separately in the summary investment portfolio.
|
Investments in affiliates
|
||||||
A company is considered to be an affiliate of the fund under the Investment Company Act of 1940 if the fund's holdings in that company represent 5% or more of the outstanding voting shares. The value of the fund's affiliated-company holdings is either shown in the summary investment portfolio or included in the value of "Other securities" under the respective industry sectors. Further details on such holdings and related transactions during the six months ended March 31, 2012, appear below.
|
Beginning shares or principal amount
|
Additions
|
Reductions
|
Ending shares
or principal amount
|
Dividend or interest
income (000)
|
Value of
affiliates at 3/31/2012 (000)
|
|||||||||||||||||||
ENN Energy Holdings Ltd.
|
56,813,000 | 400,000 | - | 57,213,000 | $ | - | $ | 197,450 | ||||||||||||||||
InterOil Corp. (1)
|
2,626,200 | - | - | 2,626,200 | - | 135,013 | ||||||||||||||||||
PT Sumber Alfaria Trijaya Tbk (1)
|
274,541,000 | - | 36,273,000 | 238,268,000 | - | 130,287 | ||||||||||||||||||
Pharmacyclics, Inc. (1)
|
3,845,871 | 781,429 | 327,826 | 4,299,474 | - | 119,353 | ||||||||||||||||||
Lions Gate Entertainment Corp. (1)
|
9,100,000 | - | 1,100,000 | 8,000,000 | - | 111,360 | ||||||||||||||||||
Delticom AG
|
939,921 | 7,000 | - | 946,921 | - | 100,906 | ||||||||||||||||||
Hittite Microwave Corp. (1)
|
2,009,950 | - | 350,000 | 1,659,950 | - | 90,152 | ||||||||||||||||||
Dialog Semiconductor PLC (1)
|
2,028,800 | 1,405,621 | - | 3,434,421 | - | 83,892 | ||||||||||||||||||
Brait SE (1)
|
32,252,268 | 2,331,433 | 7,115,413 | 27,468,288 | - | 74,516 | ||||||||||||||||||
Vistaprint NV (1)
|
1,670,000 | 190,000 | - | 1,860,000 | - | 71,889 | ||||||||||||||||||
Schweitzer-Mauduit International, Inc.
|
445,000 | 583,500 | - | 1,028,500 | 227 | 71,028 | ||||||||||||||||||
Beacon Roofing Supply, Inc. (1)
|
2,604,800 | 11,338 | - | 2,616,138 | - | 67,392 | ||||||||||||||||||
Emeritus Corp. (1)
|
3,250,000 | 290,000 | - | 3,540,000 | - | 62,516 | ||||||||||||||||||
BELIMO Holding AG
|
22,800 | 8,100 | - | 30,900 | - | 59,698 | ||||||||||||||||||
Pipavav Defence and Offshore Engineering Co. Ltd. (1)
|
42,066,000 | - | 6,335,000 | 35,731,000 | - | 56,109 | ||||||||||||||||||
Angie's List, Inc. (1) (4) (5)
|
- | 2,261,888 | - | 2,261,888 | - | 37,173 | ||||||||||||||||||
Angie's List, Inc. (1)
|
- | 962,450 | - | 962,450 | - | 18,181 | ||||||||||||||||||
Angie's List, Inc., Series D, convertible preferred
|
282,736 | - | 282,736 | - | - | - | ||||||||||||||||||
National Financial Partners Corp. (1)
|
3,174,800 | - | - | 3,174,800 | - | 48,067 | ||||||||||||||||||
National Financial Partners Corp. 4.00% convertible notes 2017
|
$ | 4,000,000 | - | - | $ | 4,000,000 | 80 | 5,435 | ||||||||||||||||
PT Ace Hardware Indonesia Tbk (6)
|
74,365,500 | 30,024,500 | - | 104,390,000 | - | 50,802 | ||||||||||||||||||
Comstock Resources, Inc. (1)
|
3,078,111 | - | - | 3,078,111 | - | 48,727 | ||||||||||||||||||
Gem Diamonds Ltd. (1)
|
11,061,300 | - | - | 11,061,300 | - | 48,389 | ||||||||||||||||||
Goodpack Ltd.
|
30,060,000 | - | - | 30,060,000 | 692 | 42,326 | ||||||||||||||||||
Goodpack Ltd., warrants, expire 2012 (1)
|
5,272,000 | - | - | 5,272,000 | - | 4,446 | ||||||||||||||||||
Exponent, Inc. (1)
|
936,400 | - | - | 936,400 | - | 45,434 | ||||||||||||||||||
Coupons.com Inc., Series B, convertible preferred (1) (4) (5)
|
8,191,724 | - | - | 8,191,724 | - | 45,000 | ||||||||||||||||||
ArthroCare Corp. (1)
|
1,445,400 | 159,200 | - | 1,604,600 | - | 43,084 | ||||||||||||||||||
Super Group Ltd.
|
29,500,000 | - | - | 29,500,000 | - | 42,359 | ||||||||||||||||||
Coal of Africa Ltd. (1)
|
36,442,569 | 9,150,000 | 2,867,569 | 42,725,000 | - | 42,028 | ||||||||||||||||||
Orthofix International NV (1)
|
1,090,100 | 20,000 | - | 1,110,100 | - | 41,718 | ||||||||||||||||||
Quantum Corp. (1)
|
12,568,897 | 1,130,200 | - | 13,699,097 | - | 35,892 | ||||||||||||||||||
Quantum Corp. 3.50% convertible notes 2015
|
$ | 4,900,000 | - | - | $ | 4,900,000 | 86 | 4,961 | ||||||||||||||||
NuVasive, Inc. (1)
|
1,786,936 | 591,000 | - | 2,377,936 | - | 40,044 | ||||||||||||||||||
Synageva BioPharma Corp. (1)
|
- | 1,101,873 | - | 1,101,873 | - | 39,524 | ||||||||||||||||||
Mood Media Corp. (1) (3)
|
6,375,000 | - | - | 6,375,000 | - | 24,287 | ||||||||||||||||||
Mood Media Corp. (CDI) (GBP denominated) (1) (3)
|
2,375,000 | 1,335,000 | - | 3,710,000 | - | 14,134 | ||||||||||||||||||
Domino's Pizza Enterprises Ltd.
|
4,002,300 | - | - | 4,002,300 | 559 | 37,727 | ||||||||||||||||||
Borders & Southern Petroleum PLC (1)
|
20,265,000 | 14,000,000 | - | 34,265,000 | - | 37,406 | ||||||||||||||||||
Northgate PLC (1)
|
10,626,805 | - | - | 10,626,805 | - | 35,831 | ||||||||||||||||||
Cox and Kings (India) Ltd.
|
8,542,900 | 2,049,100 | - | 10,592,000 | - | 33,900 | ||||||||||||||||||
Cox and Kings (India) Ltd. (GDR) (4)
|
330,000 | - | - | 330,000 | - | 1,056 | ||||||||||||||||||
Manappuram Finance Ltd.
|
54,812,814 | 3,180,000 | - | 57,992,814 | 587 | 34,663 | ||||||||||||||||||
CDON Group AB (1)
|
3,828,000 | 236,563 | 221,647 | 3,842,916 | - | 32,819 | ||||||||||||||||||
CJ CGV Co., Ltd.
|
1,235,000 | - | - | 1,235,000 | 268 | 28,884 | ||||||||||||||||||
Colony Financial, Inc.
|
1,495,000 | 200,000 | - | 1,695,000 | 1,153 | 27,764 | ||||||||||||||||||
Comfort Systems USA, Inc.
|
2,476,000 | - | - | 2,476,000 | 248 | 27,013 | ||||||||||||||||||
Ennis, Inc.
|
1,733,692 | - | 74,016 | 1,659,676 | 537 | 26,256 | ||||||||||||||||||
Exillon Energy PLC (1)
|
9,619,660 | - | - | 9,619,660 | - | 26,034 | ||||||||||||||||||
BrisConnections Unit Trusts (1)
|
27,300,000 | - | - | 27,300,000 | - | 25,451 | ||||||||||||||||||
Falkland Oil and Gas Ltd. (1)
|
14,225,000 | 10,000,000 | - | 24,225,000 | - | 24,993 | ||||||||||||||||||
Houston Wire & Cable Co.
|
1,678,900 | - | - | 1,678,900 | 302 | 23,320 | ||||||||||||||||||
SPS Commerce, Inc. (1)
|
777,000 | 61,500 | - | 838,500 | - | 22,539 | ||||||||||||||||||
Cadence Pharmaceuticals, Inc. (1)
|
5,042,279 | 950,000 | - | 5,992,279 | - | 22,171 | ||||||||||||||||||
First Southern Bancorp, Inc. (1) (4) (5)
|
1,344,915 | - | - | 1,344,915 | - | 12,911 | ||||||||||||||||||
First Southern Bancorp, Inc., Series C, convertible preferred (1) (4) (5)
|
2,299 | - | - | 2,299 | - | 9,148 | ||||||||||||||||||
Standard Parking Corp. (1)
|
1,048,600 | - | - | 1,048,600 | - | 21,496 | ||||||||||||||||||
Fluidigm Corp. (1)
|
1,484,234 | - | 133,499 | 1,350,735 | - | 21,247 | ||||||||||||||||||
Frigoglass SAIC
|
3,052,380 | - | - | 3,052,380 | - | 20,029 | ||||||||||||||||||
Powerland AG, non-registered shares (1)
|
1,200,000 | - | - | 1,200,000 | - | 19,317 | ||||||||||||||||||
Autoneum Holding AG (1)
|
298,000 | 28,606 | - | 326,606 | - | 18,434 | ||||||||||||||||||
Douglas Dynamics, Inc.
|
1,175,000 | - | - | 1,175,000 | 482 | 16,156 | ||||||||||||||||||
Home Loan Servicing Solutions, Ltd.
|
- | 1,121,600 | - | 1,121,600 | 90 | 15,635 | ||||||||||||||||||
Greenko Group PLC (1)
|
7,034,000 | 643,931 | - | 7,677,931 | - | 15,474 | ||||||||||||||||||
Home Federal Bancorp, Inc.
|
1,384,249 | - | - | 1,384,249 | 152 | 14,022 | ||||||||||||||||||
Mvelaserve Ltd.
|
8,572,000 | 622,800 | - | 9,194,800 | 419 | 13,784 | ||||||||||||||||||
Mahindra Lifespace Developers Ltd.
|
2,157,380 | - | - | 2,157,380 | - | 13,505 | ||||||||||||||||||
POLYTEC Holding AG, non-registered shares (1)
|
1,450,500 | - | - | 1,450,500 | - | 13,263 | ||||||||||||||||||
Ellie Mae, Inc. (1) (6)
|
1,019,700 | 108,266 | - | 1,127,966 | - | 12,588 | ||||||||||||||||||
Immersion Corp. (1)
|
2,254,000 | - | - | 2,254,000 | - | 12,307 | ||||||||||||||||||
Gran Colombia Gold SA (1)
|
29,495,000 | 680,000 | - | 30,175,000 | - | 12,101 | ||||||||||||||||||
Gran Colombia Gold SA, warrants, expire 2015 (1)
|
1,086,500 | - | - | 1,086,500 | - | 185 | ||||||||||||||||||
Mothercare PLC
|
2,300,000 | 2,180,000 | - | 4,480,000 | 140 | 11,895 | ||||||||||||||||||
Savient Pharmaceuticals, Inc. (1)
|
4,294,200 | 400,000 | - | 4,694,200 | - | 10,233 | ||||||||||||||||||
Savient Pharmaceuticals, Inc. 4.75% convertible notes 2018
|
$ | 820,000 | - | - | $ | 820,000 | 19 | 344 | ||||||||||||||||
BG Medicine, Inc. (1)
|
1,462,603 | - | - | 1,462,603 | - | 10,268 | ||||||||||||||||||
Green Packet Bhd. (1)
|
52,599,216 | - | - | 52,599,216 | - | 9,873 | ||||||||||||||||||
Tilaknager Industries Ltd.
|
8,890,000 | - | - | 8,890,000 | - | 9,720 | ||||||||||||||||||
Bloomsbury Publishing PLC
|
5,405,000 | - | - | 5,405,000 | 77 | 9,423 | ||||||||||||||||||
Petrodorado Energy Ltd. (1)
|
38,400,000 | - | - | 38,400,000 | - | 8,855 | ||||||||||||||||||
China High Precision Automation Group Ltd. (4)
|
63,500,000 | 3,922,000 | - | 67,422,000 | 477 | 8,682 | ||||||||||||||||||
OnMobile Global Ltd. (1)
|
7,184,110 | - | - | 7,184,110 | - | 8,475 | ||||||||||||||||||
ValueVision Media, Inc., Class A (1)
|
3,846,293 | 29,000 | - | 3,875,293 | - | 8,022 | ||||||||||||||||||
U.S. Auto Parts Network, Inc. (1)
|
1,980,000 | - | - | 1,980,000 | - | 7,148 | ||||||||||||||||||
Afferro Mining Inc. (1)
|
6,460,000 | - | - | 6,460,000 | - | 6,768 | ||||||||||||||||||
Pacific Coal, SA (1) (3)
|
17,000,000 | - | - | 17,000,000 | - | 5,965 | ||||||||||||||||||
Pacific Coal, SA (1)
|
- | 1,280,000 | - | 1,280,000 | - | 449 | ||||||||||||||||||
Pacific Coal, SA, warrants, expire 2016 (1) (3)
|
8,500,000 | - | - | 8,500,000 | - | 213 | ||||||||||||||||||
Obtala Resources Ltd. (1)
|
8,500,000 | - | 525,000 | 7,975,000 | - | 4,018 | ||||||||||||||||||
Obtala Resources Ltd. (1) (3)
|
7,950,000 | - | 3,000,000 | 4,950,000 | - | 2,494 | ||||||||||||||||||
Talwalkars Better Value Fitness Ltd.
|
1,446,000 | - | - | 1,446,000 | - | 4,341 | ||||||||||||||||||
School Specialty, Inc. (1)
|
1,153,240 | - | - | 1,153,240 | - | 4,083 | ||||||||||||||||||
EACOM Timber Corp. (1) (3)
|
26,200,000 | - | - | 26,200,000 | - | 2,889 | ||||||||||||||||||
Imagelinx PLC (1)
|
20,935,714 | - | 250,000 | 20,685,714 | - | 248 | ||||||||||||||||||
CEC Unet PLC (1) (4)
|
35,100,775 | - | - | 35,100,775 | - | - | ||||||||||||||||||
AAC Technologies Holdings Inc. (7)
|
50,475,000 | 10,961,000 | 3,000,000 | 58,436,000 | - | - | ||||||||||||||||||
Cline Mining Corp. (1) (7)
|
14,300,300 | - | 4,942,500 | 9,357,800 | - | - | ||||||||||||||||||
Compuware Corp. (1) (7)
|
11,770,000 | - | 1,407,378 | 10,362,622 | - | - | ||||||||||||||||||
Cpl Resources PLC (7)
|
2,465,986 | - | 2,465,986 | - | 84 | - | ||||||||||||||||||
Gevo, Inc. (1) (7)
|
1,304,030 | 75,000 | 151,586 | 1,227,444 | - | - | ||||||||||||||||||
Hana Microelectronics PCL (7)
|
53,925,000 | - | 23,000,000 | 30,925,000 | 1,004 | - | ||||||||||||||||||
Harvest Natural Resources, Inc. (1) (7)
|
2,035,000 | - | 321,008 | 1,713,992 | - | - | ||||||||||||||||||
Harvest Natural Resources, Inc. 8.25% convertible notes 2013 (7)
|
$ | 3,000,000 | - | - | $ | 3,000,000 | 124 | - | ||||||||||||||||
Heritage Oil Ltd. (1) (7)
|
13,488,000 | - | 1,870,000 | 11,618,000 | - | - | ||||||||||||||||||
ICG Group, Inc. (1) (7)
|
3,096,000 | - | 1,959,000 | 1,137,000 | - | - | ||||||||||||||||||
Infotech Enterprises Ltd. (7)
|
5,680,000 | - | 1,280,000 | 4,400,000 | 145 | - | ||||||||||||||||||
Integra LifeSciences Holdings Corp. (1) (7)
|
1,429,793 | - | 390,000 | 1,039,793 | - | - | ||||||||||||||||||
Jaguar Mining Inc. (7)
|
5,035,000 | - | 5,035,000 | - | - | - | ||||||||||||||||||
JSE Ltd. (7)
|
4,745,245 | 355,000 | 5,100,245 | - | - | - | ||||||||||||||||||
Jumbo SA (7)
|
6,754,932 | - | 1,189,793 | 5,565,139 | 1,584 | - | ||||||||||||||||||
Kapsch TrafficCom AG (7)
|
653,561 | - | 145,360 | 508,201 | - | - | ||||||||||||||||||
National American University Holdings, Inc. (7)
|
1,515,000 | - | 315,000 | 1,200,000 | 88 | - | ||||||||||||||||||
Ophir Energy PLC (1) (7)
|
17,465,000 | 2,038,200 | 770,000 | 18,733,200 | - | - | ||||||||||||||||||
Pace PLC (6) (7)
|
12,183,500 | 4,700,000 | 16,883,500 | - | 208 | - | ||||||||||||||||||
QSR Brands Bhd (7)
|
14,905,000 | - | 760,400 | 14,144,600 | - | - | ||||||||||||||||||
Real Nutriceutical Group Ltd. (7)
|
62,800,000 | - | 23,400,000 | 39,400,000 | - | - | ||||||||||||||||||
SinoTech Energy Ltd. (ADR) (7)
|
3,820,900 | - | 3,820,900 | - | - | - | ||||||||||||||||||
Sirius Minerals PLC (1) (7)
|
56,804,735 | - | 4,500,000 | 52,304,735 | - | - | ||||||||||||||||||
Talison Lithium Ltd. (1) (7)
|
5,354,100 | - | 3,474,100 | 1,880,000 | - | - | ||||||||||||||||||
$ | 9,832 | $ | 3,017,407 |
The following footnotes apply to either the individual securities noted or one or more of the securities aggregated and listed as a single line item.
|
|||
(1) Security did not produce income during the last 12 months.
|
|||
(2) Represents an affiliated company as defined under the Investment Company Act of 1940.
|
|||
(3) Acquired in a transaction exempt from registration under Rule 144A or section 4(2) of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities, including those in "Other securities," was $691,576,000, which represented 3.44% of the net assets of the fund.
|
|||
(4) Valued under fair value procedures adopted by authority of the board of directors. The total value of all such securities, including those in "Other securities," was $187,474,000, which represented .93% of the net assets of the fund.
|
|||
(5) Acquired through a private placement transaction exempt from registration under the Securities Act of 1933. May be subject to legal or contractual restrictions on resale. Further details on these holdings appear below.
|
Acquisition
|
Cost | Value | Percent of | ||||||||||
date
|
(000)
|
(000) | net assets | ||||||||||
Coupons.com Inc., Series B, convertible preferred
|
6/1/2011
|
$ | 45,000 | $ | 45,000 | .22 | % | ||||||
Angie's List, Inc.
|
3/15/2011
|
20,000 | 37,173 | .19 | |||||||||
First Southern Bancorp, Inc.
|
12/17/2009
|
28,378 | 12,911 | .06 | |||||||||
First Southern Bancorp, Inc., Series C, convertible preferred
|
12/17/2009
|
2,299 | 9,148 | .05 | |||||||||
Other restricted securities
|
54,536 | 14,487 | .07 | ||||||||||
Total restricted securities
|
$ | 150,213 | $ | 118,719 | .59 | % |
(6) This security was an unaffiliated issuer in its initial period of acquisition at 9/30/2011; it was not publicly disclosed.
|
|||
(7) Unaffiliated issuer at 3/31/2012.
|
|||
Key to abbreviations
|
|||
ADR = American Depositary Receipts
|
|||
CDI = CREST Depository Interest
|
|||
GDR = Global Depositary Receipts
|
|||
GBP = British pounds
|
|||
See Notes to Financial Statements
|
Statement of assets and liabilities
|
unaudited
|
|||||||
at March 31, 2012
|
(dollars in thousands) | |||||||
Assets:
|
||||||||
Investment securities, at value:
|
||||||||
Unaffiliated issuers (cost: $13,153,758)
|
$ | 17,082,493 | ||||||
Affiliated issuers (cost: $2,864,074)
|
3,017,407 | $ | 20,099,900 | |||||
Cash denominated in currencies other than U.S. dollars
|
||||||||
(cost: $9,942)
|
9,826 | |||||||
Cash
|
636 | |||||||
Unrealized appreciation on open forward currency contracts
|
134 | |||||||
Receivables for:
|
||||||||
Sales of investments
|
129,230 | |||||||
Sales of fund's shares
|
19,162 | |||||||
Dividends and interest
|
23,712 | 172,104 | ||||||
20,282,600 | ||||||||
Liabilities:
|
||||||||
Payables for:
|
||||||||
Purchases of investments
|
122,051 | |||||||
Repurchases of fund's shares
|
36,596 | |||||||
Investment advisory services
|
10,806 | |||||||
Services provided by related parties
|
9,349 | |||||||
Directors' deferred compensation
|
2,197 | |||||||
Other
|
498 | 181,497 | ||||||
Net assets at March 31, 2012
|
$ | 20,101,103 | ||||||
Net assets consist of:
|
||||||||
Capital paid in on shares of capital stock
|
$ | 16,889,129 | ||||||
Distributions in excess of net investment income
|
(193,404 | ) | ||||||
Accumulated net realized loss
|
(677,076 | ) | ||||||
Net unrealized appreciation
|
4,082,454 | |||||||
Net assets at March 31, 2012
|
$ | 20,101,103 |
(dollars and shares in thousands, except per-share amounts)
|
||||||||||||
Total authorized capital stock - 1,000,000 shares, $.01 par value (521,989 total shares outstanding)
|
||||||||||||
Net assets
|
Shares outstanding
|
Net asset value
per share
|
||||||||||
Class A
|
$ | 13,980,957 | 360,470 | $ | 38.79 | |||||||
Class B
|
262,834 | 7,176 | 36.63 | |||||||||
Class C
|
826,637 | 22,777 | 36.29 | |||||||||
Class F-1
|
656,544 | 17,070 | 38.46 | |||||||||
Class F-2
|
323,271 | 8,324 | 38.83 | |||||||||
Class 529-A
|
677,477 | 17,571 | 38.56 | |||||||||
Class 529-B
|
35,713 | 965 | 37.00 | |||||||||
Class 529-C
|
225,253 | 6,105 | 36.90 | |||||||||
Class 529-E
|
37,640 | 990 | 38.04 | |||||||||
Class 529-F-1
|
52,300 | 1,354 | 38.62 | |||||||||
Class R-1
|
39,901 | 1,076 | 37.07 | |||||||||
Class R-2
|
680,129 | 18,347 | 37.07 | |||||||||
Class R-3
|
709,295 | 18,683 | 37.97 | |||||||||
Class R-4
|
554,772 | 14,398 | 38.53 | |||||||||
Class R-5
|
387,642 | 9,902 | 39.15 | |||||||||
Class R-6
|
650,738 | 16,781 | 38.78 | |||||||||
See Notes to Financial Statements
|
Statement of operations
|
unaudited
|
|||||||
for the six months ended March 31, 2012
|
(dollars in thousands) | |||||||
Investment income:
|
||||||||
Income:
|
||||||||
Dividends (net of non-U.S. taxes of $3,197;
|
||||||||
also includes $9,523 from affiliates)
|
$ | 82,273 | ||||||
Interest (includes $309 from affiliates)
|
6,804 | $ | 89,077 | |||||
Fees and expenses*:
|
||||||||
Investment advisory services
|
59,460 | |||||||
Distribution services
|
27,642 | |||||||
Transfer agent services
|
20,007 | |||||||
Administrative services
|
1,416 | |||||||
Reports to shareholders
|
1,004 | |||||||
Registration statement and prospectus
|
207 | |||||||
Directors' compensation
|
369 | |||||||
Auditing and legal
|
35 | |||||||
Custodian
|
1,696 | |||||||
State and local taxes
|
255 | |||||||
Other
|
578 | 112,669 | ||||||
Net investment loss
|
(23,592 | ) | ||||||
Net realized gain and unrealized appreciation
|
||||||||
on investments, forward currency contracts and currency:
|
||||||||
Net realized gain (loss) on:
|
||||||||
Investments (net of non-U.S. taxes of $32; also includes $85,417 net loss from affiliates)
|
442,422 | |||||||
Forward currency contracts
|
(779 | ) | ||||||
Currency transactions
|
(2,669 | ) | 438,974 | |||||
Net unrealized appreciation on:
|
||||||||
Investments
|
3,515,527 | |||||||
Forward currency contracts
|
24 | |||||||
Currency translations
|
813 | 3,516,364 | ||||||
Net realized gain and unrealized appreciation
|
||||||||
on investments, forward currency contracts and currency
|
3,955,338 | |||||||
Net increase in net assets resulting
|
||||||||
from operations
|
$ | 3,931,746 | ||||||
(*) Additional information related to class-specific fees and expenses is included
|
||||||||
in the Notes to Financial Statements.
|
||||||||
See Notes to Financial Statements
|
||||||||
Statements of changes in net assets
|
||||||||
(dollars in thousands) | ||||||||
Six months ended March 31, 2012*
|
Year ended September 30, 2011
|
|||||||
Operations:
|
||||||||
Net investment (loss) income
|
$ | (23,592 | ) | $ | 34,121 | |||
Net realized gain on investments, forward currency contracts and currency transactions
|
438,974 | 1,751,885 | ||||||
Net unrealized appreciation (depreciation) on investments, forward currency contracts and currency translations
|
3,516,364 | (3,857,115 | ) | |||||
Net increase (decrease) in net assets resulting from operations
|
3,931,746 | (2,071,109 | ) | |||||
Dividends paid to shareholders from net investment income
|
(53,307 | ) | (282,965 | ) | ||||
Net capital share transactions
|
(831,323 | ) | (724,173 | ) | ||||
Total increase (decrease) in net assets
|
3,047,116 | (3,078,247 | ) | |||||
Net assets:
|
||||||||
Beginning of period
|
17,053,987 | 20,132,234 | ||||||
End of period (including distributions in excess of
|
||||||||
net investment income: $(193,404) and $(116,505), respectively)
|
$ | 20,101,103 | $ | 17,053,987 | ||||
*Unaudited.
|
||||||||
See Notes to Financial Statements
|
1.
|
Organization
|
Share class
|
Initial sales charge
|
Contingent deferred sales charge upon redemption
|
Conversion feature
|
Classes A and 529-A
|
Up to 5.75%
|
None (except 1% for certain redemptions within one year of purchase without an initial sales charge)
|
None
|
Classes B and 529-B*
|
None
|
Declines from 5% to 0% for redemptions within six years of purchase
|
Classes B and 529-B convert to Classes A and 529-A, respectively, after eight years
|
Class C
|
None
|
1% for redemptions within one year of purchase
|
Class C converts to Class F-1 after 10 years
|
Class 529-C
|
None
|
1% for redemptions within one year of purchase
|
None
|
Class 529-E
|
None
|
None
|
None
|
Classes F-1, F-2 and 529-F-1
|
None
|
None
|
None
|
Classes R-1, R-2, R-3, R-4, R-5 and R-6
|
None
|
None
|
None
|
2.
|
Significant accounting policies
|
3.
|
Valuation
|
Fixed-income class
|
Examples of standard inputs
|
All
|
Benchmark yields, transactions, bids, offers, quotations from dealers and trading systems, new issues, spreads and other relationships observed in the markets among comparable securities; and proprietary pricing models such as yield measures calculated using factors such as cash flows, financial or collateral performance and other reference data (collectively referred to as “standard inputs”)
|
Corporate bonds & notes; convertible securities
|
Standard inputs and underlying equity of the issuer
|
Bonds & notes of governments & government agencies
|
Standard inputs and interest rate volatilities
|
Investment securities:
|
Level 1(*)
|
Level 2
|
Level 3
|
Total
|
||||||||||||
Common stocks:
|
||||||||||||||||
Consumer discretionary
|
$ | 3,681,965 | $ | 1,056 | $ | 26 | $ | 3,683,047 | ||||||||
Industrials
|
2,699,776 | 425 | - | 2,700,201 | ||||||||||||
Health care
|
2,645,276 | - | - | 2,645,276 | ||||||||||||
Information technology
|
2,346,068 | 63,809 | 8,809 | 2,418,686 | ||||||||||||
Financials
|
1,752,466 | 4,544 | 27,245 | 1,784,255 | ||||||||||||
Materials
|
1,400,406 | - | 1,933 | 1,402,339 | ||||||||||||
Energy
|
1,338,814 | 4,647 | - | 1,343,461 | ||||||||||||
Consumer staples
|
1,008,228 | - | - | 1,008,228 | ||||||||||||
Utilities
|
361,127 | - | - | 361,127 | ||||||||||||
Telecommunication services
|
239,682 | - | - | 239,682 | ||||||||||||
Miscellaneous
|
1,002,971 | - | - | 1,002,971 | ||||||||||||
Preferred stocks
|
16,450 | - | - | 16,450 | ||||||||||||
Warrants
|
4,878 | - | 4 | 4,882 | ||||||||||||
Convertible securities
|
- | 35,513 | 54,148 | 89,661 | ||||||||||||
Bonds & notes
|
- | 48,772 | - | 48,772 | ||||||||||||
Short-term securities
|
- | 1,350,862 | - | 1,350,862 | ||||||||||||
Total
|
$ | 18,498,107 | $ | 1,509,628 | $ | 92,165 | $ | 20,099,900 | ||||||||
(*) Securities with a market value of $8,053,931,000, which represented 40.07% of the net assets of the fund, transferred from Level 2 to Level 1 since the prior fiscal year-end, primarily due to a lack of significant market movements following the close of local trading.
|
||||||||||||||||
Forward currency contracts(†):
|
Level 1
|
Level 2
|
Level 3
|
Total
|
||||||||||||
Unrealized appreciation on open forward currency contracts
|
$ | - | $ | 134 | $ | - | $ | 134 | ||||||||
(†) Forward currency contracts are not included in the investment portfolio.
|
4.
|
Risk factors
|
5.
|
Taxation and distributions
|
(dollars in thousands) | ||||
Undistributed ordinary income
|
$ | 6,478 | ||
Post-October currency loss deferrals (realized during the period November 1, 2010, through September 30, 2011)*
|
(5,436 | ) | ||
Capital loss carryforward expiring 2018†
|
(1,092,682 | ) | ||
*These deferrals are considered incurred in the subsequent year.
|
||||
†The capital loss carryforward will be used to offset any capital gains realized by the fund in the current year or in subsequent years through the expiration date. The fund will not make distributions from capital gains while a capital loss carryforward remains.
|
(dollars in thousands) | ||||
Gross unrealized appreciation on investment securities
|
5,502,763 | |||
Gross unrealized depreciation on investment securities
|
(1,583,644 | ) | ||
Net unrealized appreciation on investment securities
|
3,919,119 | |||
Cost of investment securities
|
16,180,781 |
Share class
|
Six months
ended March 31, 2012
|
Year ended September 30, 2011
|
||||||
Class A
|
$ | 38,933 | $ | 210,258 | ||||
Class B
|
- | 2,673 | ||||||
Class C
|
- | 7,653 | ||||||
Class F-1
|
1,913 | 10,417 | ||||||
Class F-2
|
1,886 | 4,577 | ||||||
Class 529-A
|
1,827 | 8,269 | ||||||
Class 529-B
|
- | 297 | ||||||
Class 529-C
|
- | 1,537 | ||||||
Class 529-E
|
6 | 393 | ||||||
Class 529-F-1
|
243 | 789 | ||||||
Class R-1
|
- | 384 | ||||||
Class R-2
|
- | 5,629 | ||||||
Class R-3
|
- | 8,347 | ||||||
Class R-4
|
1,787 | 7,568 | ||||||
Class R-5
|
2,345 | 6,317 | ||||||
Class R-6
|
4,367 | 7,857 | ||||||
Total
|
$ | 53,307 | $ | 282,965 |
6.
|
Fees and transactions with related parties
|
Share class
|
Currently approved limits
|
Plan limits
|
Class A
|
0.30%
|
0.30%
|
Class 529-A
|
0.30
|
0.50
|
Classes B and 529-B
|
1.00
|
1.00
|
Classes C, 529-C and R-1
|
1.00
|
1.00
|
Class R-2
|
0.75
|
1.00
|
Classes 529-E and R-3
|
0.50
|
0.75
|
Classes F-1, 529-F-1 and R-4
|
0.25
|
0.50
|
Share class
|
Distribution services
|
Transfer agent services
|
Administrative services
|
529 plan
services
|
||||||||||||
Class A
|
$ | 15,031 | $ | 15,137 | $ | 334 |
Not applicable
|
|||||||||
Class B
|
1,330 | 324 |
Not applicable
|
Not applicable
|
||||||||||||
Class C
|
3,861 | 871 | 52 |
Not applicable
|
||||||||||||
Class F-1
|
768 | 440 | 73 |
Not applicable
|
||||||||||||
Class F-2
|
Not applicable
|
154 | 70 |
Not applicable
|
||||||||||||
Class 529-A
|
617 | 495 | 111 | $ | 304 | |||||||||||
Class 529-B
|
180 | 36 | 6 | 18 | ||||||||||||
Class 529-C
|
1,019 | 184 | 37 | 102 | ||||||||||||
Class 529-E
|
85 | 21 | 7 | 17 | ||||||||||||
Class 529-F-1
|
- | 40 | 9 | 24 | ||||||||||||
Class R-1
|
184 | 26 | 11 |
Not applicable
|
||||||||||||
Class R-2
|
2,341 | 1,332 | 162 |
Not applicable
|
||||||||||||
Class R-3
|
1,607 | 626 | 173 |
Not applicable
|
||||||||||||
Class R-4
|
619 | 236 | 137 |
Not applicable
|
||||||||||||
Class R-5
|
Not applicable
|
83 | 89 |
Not applicable
|
||||||||||||
Class R-6
|
Not applicable
|
2 | 145 |
Not applicable
|
||||||||||||
Total class-specific expenses
|
$ | 27,642 | $ | 20,007 | $ | 1,416 | $ | 465 |
7.
|
Capital share transactions
|
Sales(*)
|
Reinvestments
of dividends
|
Repurchases(*)
|
Net (decrease)
increase
|
|||||||||||||||||||||||||||||
Share class
|
Amount
|
Shares
|
Amount
|
Shares
|
Amount
|
Shares
|
Amount
|
Shares
|
||||||||||||||||||||||||
Six months ended March 31, 2012
|
||||||||||||||||||||||||||||||||
Class A
|
$ | 607,537 | 17,166 | $ | 38,004 | 1,144 | $ | (1,295,215 | ) | (37,091 | ) | $ | (649,674 | ) | (18,781 | ) | ||||||||||||||||
Class B
|
3,971 | 117 | - | - | (62,522 | ) | (1,887 | ) | (58,551 | ) | (1,770 | ) | ||||||||||||||||||||
Class C
|
40,851 | 1,229 | - | - | (100,714 | ) | (3,080 | ) | (59,863 | ) | (1,851 | ) | ||||||||||||||||||||
Class F-1
|
85,465 | 2,448 | 1,888 | 57 | (143,407 | ) | (4,152 | ) | (56,054 | ) | (1,647 | ) | ||||||||||||||||||||
Class F-2
|
44,673 | 1,274 | 1,659 | 50 | (51,146 | ) | (1,442 | ) | (4,814 | ) | (118 | ) | ||||||||||||||||||||
Class 529-A
|
49,732 | 1,425 | 1,827 | 55 | (42,356 | ) | (1,219 | ) | 9,203 | 261 | ||||||||||||||||||||||
Class 529-B
|
533 | 16 | - | - | (8,450 | ) | (254 | ) | (7,917 | ) | (238 | ) | ||||||||||||||||||||
Class 529-C
|
14,922 | 445 | - | - | (17,927 | ) | (539 | ) | (3,005 | ) | (94 | ) | ||||||||||||||||||||
Class 529-E
|
2,592 | 76 | 6 | - | (3,076 | ) | (89 | ) | (478 | ) | (13 | ) | ||||||||||||||||||||
Class 529-F-1
|
5,289 | 152 | 241 | 7 | (5,768 | ) | (168 | ) | (238 | ) | (9 | ) | ||||||||||||||||||||
Class R-1
|
4,406 | 130 | - | - | (6,965 | ) | (208 | ) | (2,559 | ) | (78 | ) | ||||||||||||||||||||
Class R-2
|
85,060 | 2,515 | - | - | (117,322 | ) | (3,499 | ) | (32,262 | ) | (984 | ) | ||||||||||||||||||||
Class R-3
|
106,762 | 3,094 | - | - | (119,302 | ) | (3,477 | ) | (12,540 | ) | (383 | ) | ||||||||||||||||||||
Class R-4
|
86,281 | 2,470 | 1,787 | 54 | (78,028 | ) | (2,247 | ) | 10,040 | 277 | ||||||||||||||||||||||
Class R-5
|
40,619 | 1,143 | 2,339 | 70 | (41,510 | ) | (1,180 | ) | 1,448 | 33 | ||||||||||||||||||||||
Class R-6
|
60,907 | 1,811 | 4,365 | 132 | (29,331 | ) | (826 | ) | 35,941 | 1,117 | ||||||||||||||||||||||
Total net increase (decrease)
|
$ | 1,239,600 | 35,511 | $ | 52,116 | 1,569 | $ | (2,123,039 | ) | (61,358 | ) | $ | (831,323 | ) | (24,278 | ) | ||||||||||||||||
Year ended September 30, 2011
|
||||||||||||||||||||||||||||||||
Class A
|
$ | 1,922,326 | 50,077 | $ | 203,807 | 5,292 | $ | (3,014,552 | ) | (79,055 | ) | $ | (888,419 | ) | (23,686 | ) | ||||||||||||||||
Class B
|
24,791 | 681 | 2,622 | 72 | (127,584 | ) | (3,527 | ) | (100,171 | ) | (2,774 | ) | ||||||||||||||||||||
Class C
|
171,892 | 4,755 | 7,422 | 205 | (216,944 | ) | (6,076 | ) | (37,630 | ) | (1,116 | ) | ||||||||||||||||||||
Class F-1
|
260,253 | 6,850 | 9,871 | 259 | (254,515 | ) | (6,801 | ) | 15,609 | 308 | ||||||||||||||||||||||
Class F-2
|
137,267 | 3,565 | 3,911 | 101 | (78,246 | ) | (2,059 | ) | 62,932 | 1,607 | ||||||||||||||||||||||
Class 529-A
|
130,579 | 3,422 | 8,269 | 215 | (64,866 | ) | (1,714 | ) | 73,982 | 1,923 | ||||||||||||||||||||||
Class 529-B
|
3,244 | 88 | 297 | 8 | (14,777 | ) | (405 | ) | (11,236 | ) | (309 | ) | ||||||||||||||||||||
Class 529-C
|
44,815 | 1,217 | 1,536 | 42 | (27,072 | ) | (745 | ) | 19,279 | 514 | ||||||||||||||||||||||
Class 529-E
|
7,209 | 191 | 393 | 10 | (3,528 | ) | (95 | ) | 4,074 | 106 | ||||||||||||||||||||||
Class 529-F-1
|
13,390 | 349 | 789 | 21 | (12,312 | ) | (326 | ) | 1,867 | 44 | ||||||||||||||||||||||
Class R-1
|
14,215 | 388 | 380 | 10 | (18,364 | ) | (501 | ) | (3,769 | ) | (103 | ) | ||||||||||||||||||||
Class R-2
|
206,507 | 5,625 | 5,628 | 152 | (264,845 | ) | (7,196 | ) | (52,710 | ) | (1,419 | ) | ||||||||||||||||||||
Class R-3
|
257,737 | 6,846 | 8,344 | 221 | (263,153 | ) | (7,031 | ) | 2,928 | 36 | ||||||||||||||||||||||
Class R-4
|
185,035 | 4,848 | 7,564 | 198 | (173,952 | ) | (4,563 | ) | 18,647 | 483 | ||||||||||||||||||||||
Class R-5
|
133,964 | 3,502 | 6,301 | 163 | (127,944 | ) | (3,385 | ) | 12,321 | 280 | ||||||||||||||||||||||
Class R-6
|
185,314 | 4,927 | 7,857 | 204 | (35,048 | ) | (917 | ) | 158,123 | 4,214 | ||||||||||||||||||||||
Total net increase (decrease)
|
$ | 3,698,538 | 97,331 | $ | 274,991 | 7,173 | $ | (4,697,702 | ) | (124,396 | ) | $ | (724,173 | ) | (19,892 | ) | ||||||||||||||||
*Includes exchanges between share classes of the fund.
|
8.
|
Investment transactions
|
9.
|
Forward currency contracts
|
(amounts in thousands)
|
||||||
Contract amount
|
Unrealized
appreciation at
|
|||||
Settlement date |
Counterparty
|
Receive
|
Deliver
|
3/31/2012 | ||
Sales:
|
|
|||||
Australian dollars
|
4/30/2012
|
Barclays Bank PLC
|
$9,217
|
A$8,800
|
$ 134
|
Income (loss) from investment operations(1)
|
Dividends and distributions | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Net asset value, beginning of period
|
Net investment (loss) income
|
Net gains (losses) on securities (both realized and unrealized)
|
Total from investment operations
|
Dividends (from net investment income)
|
Distributions (from capital gains)
|
Total dividends and distributions
|
Net asset value, end of period
|
Total
return(2)(3)
|
Net assets, end of period (in millions)
|
Ratio of expenses to average net assets before reimbursements/
waivers
|
Ratio of expenses to average net assets after reimbursements/
waivers(3)
|
Ratio of net (loss) income to average net assets(3)
|
|||||||||||||||||||||||||||||||||||||||||
Class A:
|
Six months ended 3/31/2012(4)(5)
|
$ | 31.45 | $ | (.03 | ) | $ | 7.48 | $ | 7.45 | $ | (.11 | ) | $ | - | $ | (.11 | ) | $ | 38.79 | 23.73 | % | $ | 13,981 | 1.15 | %(6) | 1.15 | %(6) | (.19 | )%(6) | |||||||||||||||||||||||
Year ended 9/30/2011
|
35.82 | .09 | (3.94 | ) | (3.85 | ) | (.52 | ) | - | (.52 | ) | 31.45 | (11.01 | ) | 11,926 | 1.09 | 1.09 | .23 | |||||||||||||||||||||||||||||||||||
Year ended 9/30/2010
|
30.26 | .14 | 5.62 | 5.76 | (.20 | ) | - | (.20 | ) | 35.82 | 19.11 | 14,432 | 1.13 | 1.13 | .43 | ||||||||||||||||||||||||||||||||||||||
Year ended 9/30/2009
|
28.46 | .19 | 1.61 | 1.80 | - | - | - | 30.26 | 6.32 | 12,814 | 1.25 | 1.24 | .82 | ||||||||||||||||||||||||||||||||||||||||
Year ended 9/30/2008
|
47.43 | .31 | (14.35 | ) | (14.04 | ) | (.76 | ) | (4.17 | ) | (4.93 | ) | 28.46 | (32.77 | ) | 13,453 | 1.07 | 1.01 | .80 | ||||||||||||||||||||||||||||||||||
Year ended 9/30/2007
|
38.87 | .37 | 12.50 | 12.87 | (.70 | ) | (3.61 | ) | (4.31 | ) | 47.43 | 35.41 | 20,913 | 1.04 | .98 | .86 | |||||||||||||||||||||||||||||||||||||
Class B:
|
Six months ended 3/31/2012(4)(5)
|
29.72 | (.16 | ) | 7.07 | 6.91 | - | - | - | 36.63 | 23.25 | 263 | 1.92 | (6) | 1.92 | (6) | (.97 | )(6) | |||||||||||||||||||||||||||||||||||
Year ended 9/30/2011
|
33.87 | (.20 | ) | (3.71 | ) | (3.91 | ) | (.24 | ) | - | (.24 | ) | 29.72 | (11.68 | ) | 266 | 1.86 | 1.86 | (.55 | ) | |||||||||||||||||||||||||||||||||
Year ended 9/30/2010
|
28.66 | (.11 | ) | 5.32 | 5.21 | - | - | - | 33.87 | 18.18 | 397 | 1.89 | 1.89 | (.37 | ) | ||||||||||||||||||||||||||||||||||||||
Year ended 9/30/2009
|
27.16 | .01 | 1.49 | 1.50 | - | - | - | 28.66 | 5.52 | 428 | 2.02 | 2.00 | .06 | ||||||||||||||||||||||||||||||||||||||||
Year ended 9/30/2008
|
45.49 | .01 | (13.72 | ) | (13.71 | ) | (.45 | ) | (4.17 | ) | (4.62 | ) | 27.16 | (33.27 | ) | 495 | 1.83 | 1.77 | .03 | ||||||||||||||||||||||||||||||||||
Year ended 9/30/2007
|
37.41 | .04 | 12.02 | 12.06 | (.37 | ) | (3.61 | ) | (3.98 | ) | 45.49 | 34.40 | 815 | 1.81 | 1.74 | .10 | |||||||||||||||||||||||||||||||||||||
Class C:
|
Six months ended 3/31/2012(4)(5)
|
29.44 | (.16 | ) | 7.01 | 6.85 | - | - | - | 36.29 | 23.27 | 827 | 1.92 | (6) | 1.92 | (6) | (.96 | )(6) | |||||||||||||||||||||||||||||||||||
Year ended 9/30/2011
|
33.61 | (.19 | ) | (3.69 | ) | (3.88 | ) | (.29 | ) | - | (.29 | ) | 29.44 | (11.70 | ) | 725 | 1.86 | 1.86 | (.53 | ) | |||||||||||||||||||||||||||||||||
Year ended 9/30/2010
|
28.44 | (.10 | ) | 5.28 | 5.18 | (.01 | ) | - | (.01 | ) | 33.61 | 18.19 | 865 | 1.88 | 1.88 | (.32 | ) | ||||||||||||||||||||||||||||||||||||
Year ended 9/30/2009
|
26.93 | .03 | 1.48 | 1.51 | - | - | - | 28.44 | 5.64 | 738 | 1.94 | 1.92 | .13 | ||||||||||||||||||||||||||||||||||||||||
Year ended 9/30/2008
|
45.18 | .01 | (13.63 | ) | (13.62 | ) | (.46 | ) | (4.17 | ) | (4.63 | ) | 26.93 | (33.31 | ) | 754 | 1.86 | 1.79 | .02 | ||||||||||||||||||||||||||||||||||
Year ended 9/30/2007
|
37.21 | .02 | 11.95 | 11.97 | (.39 | ) | (3.61 | ) | (4.00 | ) | 45.18 | 34.35 | 1,107 | 1.85 | 1.79 | .04 | |||||||||||||||||||||||||||||||||||||
Class F-1:
|
Six months ended 3/31/2012(4)(5)
|
31.18 | (.02 | ) | 7.41 | 7.39 | (.11 | ) | - | (.11 | ) | 38.46 | 23.76 | 656 | 1.10 | (6) | 1.10 | (6) | (.14 | )(6) | |||||||||||||||||||||||||||||||||
Year ended 9/30/2011
|
35.53 | .10 | (3.92 | ) | (3.82 | ) | (.53 | ) | - | (.53 | ) | 31.18 | (11.02 | ) | 583 | 1.08 | 1.08 | .25 | |||||||||||||||||||||||||||||||||||
Year ended 9/30/2010
|
30.03 | .15 | 5.57 | 5.72 | (.22 | ) | - | (.22 | ) | 35.53 | 19.16 | 654 | 1.10 | 1.10 | .46 | ||||||||||||||||||||||||||||||||||||||
Year ended 9/30/2009
|
28.21 | .21 | 1.61 | 1.82 | - | - | - | 30.03 | 6.45 | 543 | 1.14 | 1.13 | .94 | ||||||||||||||||||||||||||||||||||||||||
Year ended 9/30/2008
|
47.08 | .31 | (14.23 | ) | (13.92 | ) | (.78 | ) | (4.17 | ) | (4.95 | ) | 28.21 | (32.77 | ) | 627 | 1.07 | 1.01 | .82 | ||||||||||||||||||||||||||||||||||
Year ended 9/30/2007
|
38.65 | .36 | 12.41 | 12.77 | (.73 | ) | (3.61 | ) | (4.34 | ) | 47.08 | 35.41 | 815 | 1.05 | .98 | .84 | |||||||||||||||||||||||||||||||||||||
Class F-2:
|
Six months ended 3/31/2012(4)(5)
|
31.54 | .02 | 7.49 | 7.51 | (.22 | ) | - | (.22 | ) | 38.83 | 23.94 | 323 | .83 | (6) | .83 | (6) | .13 | (6) | ||||||||||||||||||||||||||||||||||
Year ended 9/30/2011
|
35.93 | .20 | (3.96 | ) | (3.76 | ) | (.63 | ) | - | (.63 | ) | 31.54 | (10.79 | ) | 266 | .82 | .82 | .53 | |||||||||||||||||||||||||||||||||||
Year ended 9/30/2010
|
30.39 | .25 | 5.63 | 5.88 | (.34 | ) | - | (.34 | ) | 35.93 | 19.46 | 246 | .81 | .81 | .78 | ||||||||||||||||||||||||||||||||||||||
Year ended 9/30/2009
|
28.47 | .23 | 1.69 | 1.92 | - | - | - | 30.39 | 6.78 | 158 | .87 | .87 | .91 | ||||||||||||||||||||||||||||||||||||||||
Period from 8/1/2008 to 9/30/2008(4)
|
33.66 | .08 | (5.27 | ) | (5.19 | ) | - | - | - | 28.47 | (15.42 | ) | 8 | .14 | .13 | .26 | |||||||||||||||||||||||||||||||||||||
Class 529-A:
|
Six months ended 3/31/2012(4)(5)
|
31.27 | (.04 | ) | 7.44 | 7.40 | (.11 | ) | - | (.11 | ) | 38.56 | 23.71 | 677 | 1.18 | (6) | 1.18 | (6) | (.22 | )(6) | |||||||||||||||||||||||||||||||||
Year ended 9/30/2011
|
35.63 | .08 | (3.92 | ) | (3.84 | ) | (.52 | ) | - | (.52 | ) | 31.27 | (11.05 | ) | 541 | 1.14 | 1.14 | .20 | |||||||||||||||||||||||||||||||||||
Year ended 9/30/2010
|
30.13 | .13 | 5.58 | 5.71 | (.21 | ) | - | (.21 | ) | 35.63 | 19.06 | 548 | 1.16 | 1.16 | .41 | ||||||||||||||||||||||||||||||||||||||
Year ended 9/30/2009
|
28.32 | .19 | 1.62 | 1.81 | - | - | - | 30.13 | 6.39 | 421 | 1.22 | 1.21 | .84 | ||||||||||||||||||||||||||||||||||||||||
Year ended 9/30/2008
|
47.23 | .29 | (14.28 | ) | (13.99 | ) | (.75 | ) | (4.17 | ) | (4.92 | ) | 28.32 | (32.79 | ) | 371 | 1.11 | 1.05 | .78 | ||||||||||||||||||||||||||||||||||
Year ended 9/30/2007
|
38.76 | .34 | 12.44 | 12.78 | (.70 | ) | (3.61 | ) | (4.31 | ) | 47.23 | 35.33 | 479 | 1.10 | 1.04 | .79 | |||||||||||||||||||||||||||||||||||||
Class 529-B:
|
Six months ended 3/31/2012(4)(5)
|
30.03 | (.18 | ) | 7.15 | 6.97 | - | - | - | 37.00 | 23.21 | 36 | 2.01 | (6) | 2.01 | (6) | (1.06 | )(6) | |||||||||||||||||||||||||||||||||||
Year ended 9/30/2011
|
34.23 | (.23 | ) | (3.76 | ) | (3.99 | ) | (.21 | ) | - | (.21 | ) | 30.03 | (11.78 | ) | 36 | 1.95 | 1.95 | (.63 | ) | |||||||||||||||||||||||||||||||||
Year ended 9/30/2010
|
28.98 | (.13 | ) | 5.38 | 5.25 | - | - | - | 34.23 | 18.12 | 52 | 1.97 | 1.97 | (.44 | ) | ||||||||||||||||||||||||||||||||||||||
Year ended 9/30/2009
|
27.47 | .01 | 1.50 | 1.51 | - | - | - | 28.98 | 5.50 | 51 | 2.05 | 2.03 | .02 | ||||||||||||||||||||||||||||||||||||||||
Year ended 9/30/2008
|
45.96 | (.02 | ) | (13.89 | ) | (13.91 | ) | (.41 | ) | (4.17 | ) | (4.58 | ) | 27.47 | (33.35 | ) | 49 | 1.93 | 1.87 | (.05 | ) | ||||||||||||||||||||||||||||||||
Year ended 9/30/2007
|
37.77 | (.01 | ) | 12.14 | 12.13 | (.33 | ) | (3.61 | ) | (3.94 | ) | 45.96 | 34.25 | 71 | 1.92 | 1.86 | (.02 | ) | |||||||||||||||||||||||||||||||||||
Class 529-C:
|
Six months ended 3/31/2012(4)(5)
|
29.95 | (.17 | ) | 7.12 | 6.95 | - | - | - | 36.90 | 23.21 | 225 | 1.99 | (6) | 1.99 | (6) | (1.03 | )(6) | |||||||||||||||||||||||||||||||||||
Year ended 9/30/2011
|
34.19 | (.22 | ) | (3.76 | ) | (3.98 | ) | (.26 | ) | - | (.26 | ) | 29.95 | (11.77 | ) | 186 | 1.94 | 1.94 | (.61 | ) | |||||||||||||||||||||||||||||||||
Year ended 9/30/2010
|
28.94 | (.12 | ) | 5.37 | 5.25 | - | - | - | 34.19 | 18.10 | 194 | 1.97 | 1.97 | (.40 | ) | ||||||||||||||||||||||||||||||||||||||
Year ended 9/30/2009
|
27.43 | .01 | 1.50 | 1.51 | - | - | - | 28.94 | 5.54 | 155 | 2.04 | 2.03 | .02 | ||||||||||||||||||||||||||||||||||||||||
Year ended 9/30/2008
|
45.92 | (.01 | ) | (13.89 | ) | (13.90 | ) | (.42 | ) | (4.17 | ) | (4.59 | ) | 27.43 | (33.36 | ) | 140 | 1.93 | 1.86 | (.04 | ) | ||||||||||||||||||||||||||||||||
Year ended 9/30/2007
|
37.77 | (.01 | ) | 12.13 | 12.12 | (.36 | ) | (3.61 | ) | (3.97 | ) | 45.92 | 34.23 | 188 | 1.92 | 1.86 | (.02 | ) | |||||||||||||||||||||||||||||||||||
Class 529-E:
|
Six months ended 3/31/2012(4)(5)
|
$ | 30.79 | $ | (.08 | ) | $ | 7.34 | $ | 7.26 | $ | (.01 | ) | $ | - | $ | (.01 | ) | $ | 38.04 | 23.57 | % | $ | 38 | 1.45 | %(6) | 1.45 | %(6) | (.48 | )%(6) | |||||||||||||||||||||||
Year ended 9/30/2011
|
35.11 | (.03 | ) | (3.87 | ) | (3.90 | ) | (.42 | ) | - | (.42 | ) | 30.79 | (11.32 | ) | 31 | 1.43 | 1.43 | (.08 | ) | |||||||||||||||||||||||||||||||||
Year ended 9/30/2010
|
29.70 | .04 | 5.50 | 5.54 | (.13 | ) | - | (.13 | ) | 35.11 | 18.71 | 31 | 1.46 | 1.46 | .11 | ||||||||||||||||||||||||||||||||||||||
Year ended 9/30/2009
|
28.00 | .12 | 1.58 | 1.70 | - | - | - | 29.70 | 6.07 | 25 | 1.52 | 1.51 | .54 | ||||||||||||||||||||||||||||||||||||||||
Year ended 9/30/2008
|
46.76 | .18 | (14.15 | ) | (13.97 | ) | (.62 | ) | (4.17 | ) | (4.79 | ) | 28.00 | (33.01 | ) | 22 | 1.42 | 1.35 | .47 | ||||||||||||||||||||||||||||||||||
Year ended 9/30/2007
|
38.40 | .21 | 12.33 | 12.54 | (.57 | ) | (3.61 | ) | (4.18 | ) | 46.76 | 34.93 | 30 | 1.41 | 1.35 | .49 | |||||||||||||||||||||||||||||||||||||
Class 529-F-1:
|
Six months ended 3/31/2012(4)(5)
|
31.35 | - | (7) | 7.45 | 7.45 | (.18 | ) | - | (.18 | ) | 38.62 | 23.85 | 52 | .98 | (6) | .98 | (6) | (.02 | )(6) | |||||||||||||||||||||||||||||||||
Year ended 9/30/2011
|
35.72 | .15 | (3.94 | ) | (3.79 | ) | (.58 | ) | - | (.58 | ) | 31.35 | (10.90 | ) | 43 | .94 | .94 | .40 | |||||||||||||||||||||||||||||||||||
Year ended 9/30/2010
|
30.20 | .20 | 5.59 | 5.79 | (.27 | ) | - | (.27 | ) | 35.72 | 19.31 | 47 | .95 | .95 | .62 | ||||||||||||||||||||||||||||||||||||||
Year ended 9/30/2009
|
28.33 | .24 | 1.63 | 1.87 | - | - | - | 30.20 | 6.60 | 35 | 1.02 | 1.01 | 1.04 | ||||||||||||||||||||||||||||||||||||||||
Year ended 9/30/2008
|
47.24 | .37 | (14.28 | ) | (13.91 | ) | (.83 | ) | (4.17 | ) | (5.00 | ) | 28.33 | (32.66 | ) | 30 | .92 | .85 | .98 | ||||||||||||||||||||||||||||||||||
Year ended 9/30/2007
|
38.77 | .42 | 12.44 | 12.86 | (.78 | ) | (3.61 | ) | (4.39 | ) | 47.24 | 35.56 | 35 | .91 | .85 | .98 | |||||||||||||||||||||||||||||||||||||
Class R-1:
|
Six months ended 3/31/2012(4)(5)
|
30.07 | (.15 | ) | 7.15 | 7.00 | - | - | - | 37.07 | 23.28 | 40 | 1.87 | (6) | 1.87 | (6) | (.91 | )(6) | |||||||||||||||||||||||||||||||||||
Year ended 9/30/2011
|
34.32 | (.19 | ) | (3.77 | ) | (3.96 | ) | (.29 | ) | - | (.29 | ) | 30.07 | (11.68 | ) | 35 | 1.84 | 1.84 | (.52 | ) | |||||||||||||||||||||||||||||||||
Year ended 9/30/2010
|
29.05 | (.09 | ) | 5.39 | 5.30 | (.03 | ) | - | (.03 | ) | 34.32 | 18.25 | 43 | 1.87 | 1.87 | (.30 | ) | ||||||||||||||||||||||||||||||||||||
Year ended 9/30/2009
|
27.51 | .02 | 1.52 | 1.54 | - | - | - | 29.05 | 5.60 | 36 | 1.94 | 1.93 | .11 | ||||||||||||||||||||||||||||||||||||||||
Year ended 9/30/2008
|
46.04 | .02 | (13.91 | ) | (13.89 | ) | (.47 | ) | (4.17 | ) | (4.64 | ) | 27.51 | (33.29 | ) | 28 | 1.84 | 1.77 | .05 | ||||||||||||||||||||||||||||||||||
Year ended 9/30/2007
|
37.89 | .01 | 12.17 | 12.18 | (.42 | ) | (3.61 | ) | (4.03 | ) | 46.04 | 34.32 | 38 | 1.88 | 1.80 | .03 | |||||||||||||||||||||||||||||||||||||
Class R-2:
|
Six months ended 3/31/2012(4)(5)
|
30.07 | (.16 | ) | 7.16 | 7.00 | - | - | - | 37.07 | 23.28 | 680 | 1.90 | (6) | 1.90 | (6) | (.94 | )(6) | |||||||||||||||||||||||||||||||||||
Year ended 9/30/2011
|
34.30 | (.20 | ) | (3.76 | ) | (3.96 | ) | (.27 | ) | - | (.27 | ) | 30.07 | (11.72 | ) | 581 | 1.86 | 1.86 | (.54 | ) | |||||||||||||||||||||||||||||||||
Year ended 9/30/2010
|
29.03 | (.11 | ) | 5.38 | 5.27 | - | - | - | 34.30 | 18.19 | 712 | 1.93 | 1.93 | (.37 | ) | ||||||||||||||||||||||||||||||||||||||
Year ended 9/30/2009
|
27.55 | (.02 | ) | 1.50 | 1.48 | - | - | - | 29.03 | 5.37 | 603 | 2.15 | 2.14 | (.09 | ) | ||||||||||||||||||||||||||||||||||||||
Year ended 9/30/2008
|
46.13 | (.01 | ) | (13.95 | ) | (13.96 | ) | (.45 | ) | (4.17 | ) | (4.62 | ) | 27.55 | (33.36 | ) | 494 | 1.94 | 1.86 | (.04 | ) | ||||||||||||||||||||||||||||||||
Year ended 9/30/2007
|
37.93 | .03 | 12.18 | 12.21 | (.40 | ) | (3.61 | ) | (4.01 | ) | 46.13 | 34.36 | 673 | 1.93 | 1.77 | .06 | |||||||||||||||||||||||||||||||||||||
Class R-3:
|
Six months ended 3/31/2012(4)(5)
|
30.73 | (.08 | ) | 7.32 | 7.24 | - | - | - | 37.97 | 23.56 | 709 | 1.43 | (6) | 1.43 | (6) | (.47 | )(6) | |||||||||||||||||||||||||||||||||||
Year ended 9/30/2011
|
35.03 | (.03 | ) | (3.84 | ) | (3.87 | ) | (.43 | ) | - | (.43 | ) | 30.73 | (11.28 | ) | 586 | 1.41 | 1.41 | (.08 | ) | |||||||||||||||||||||||||||||||||
Year ended 9/30/2010
|
29.64 | .04 | 5.49 | 5.53 | (.14 | ) | - | (.14 | ) | 35.03 | 18.71 | 667 | 1.44 | 1.44 | .13 | ||||||||||||||||||||||||||||||||||||||
Year ended 9/30/2009
|
27.94 | .12 | 1.58 | 1.70 | - | - | - | 29.64 | 6.05 | 534 | 1.53 | 1.51 | .53 | ||||||||||||||||||||||||||||||||||||||||
Year ended 9/30/2008
|
46.68 | .18 | (14.12 | ) | (13.94 | ) | (.63 | ) | (4.17 | ) | (4.80 | ) | 27.94 | (32.99 | ) | 435 | 1.42 | 1.35 | .48 | ||||||||||||||||||||||||||||||||||
Year ended 9/30/2007
|
38.34 | .20 | 12.31 | 12.51 | (.56 | ) | (3.61 | ) | (4.17 | ) | 46.68 | 34.88 | 555 | 1.42 | 1.35 | .47 | |||||||||||||||||||||||||||||||||||||
Class R-4:
|
Six months ended 3/31/2012(4)(5)
|
31.25 | (.02 | ) | 7.43 | 7.41 | (.13 | ) | - | (.13 | ) | 38.53 | 23.77 | 555 | 1.08 | (6) | 1.08 | (6) | (.12 | )(6) | |||||||||||||||||||||||||||||||||
Year ended 9/30/2011
|
35.60 | .10 | (3.91 | ) | (3.81 | ) | (.54 | ) | - | (.54 | ) | 31.25 | (10.98 | ) | 441 | 1.07 | 1.07 | .26 | |||||||||||||||||||||||||||||||||||
Year ended 9/30/2010
|
30.12 | .15 | 5.58 | 5.73 | (.25 | ) | - | (.25 | ) | 35.60 | 19.15 | 486 | 1.09 | 1.09 | .48 | ||||||||||||||||||||||||||||||||||||||
Year ended 9/30/2009
|
28.29 | .20 | 1.63 | 1.83 | - | - | - | 30.12 | 6.47 | 378 | 1.14 | 1.13 | .88 | ||||||||||||||||||||||||||||||||||||||||
Year ended 9/30/2008
|
47.20 | .32 | (14.29 | ) | (13.97 | ) | (.77 | ) | (4.17 | ) | (4.94 | ) | 28.29 | (32.78 | ) | 236 | 1.07 | 1.01 | .84 | ||||||||||||||||||||||||||||||||||
Year ended 9/30/2007
|
38.73 | .35 | 12.45 | 12.80 | (.72 | ) | (3.61 | ) | (4.33 | ) | 47.20 | 35.41 | 259 | 1.06 | 1.00 | .82 | |||||||||||||||||||||||||||||||||||||
Class R-5:
|
Six months ended 3/31/2012(4)(5)
|
31.80 | .03 | 7.56 | 7.59 | (.24 | ) | - | (.24 | ) | 39.15 | 24.00 | 388 | .78 | (6) | .78 | (6) | .18 | (6) | ||||||||||||||||||||||||||||||||||
Year ended 9/30/2011
|
36.21 | .22 | (3.99 | ) | (3.77 | ) | (.64 | ) | - | (.64 | ) | 31.80 | (10.74 | ) | 314 | .77 | .77 | .56 | |||||||||||||||||||||||||||||||||||
Year ended 9/30/2010
|
30.60 | .26 | 5.66 | 5.92 | (.31 | ) | - | (.31 | ) | 36.21 | 19.50 | 347 | .78 | .78 | .79 | ||||||||||||||||||||||||||||||||||||||
Year ended 9/30/2009
|
28.64 | .28 | 1.68 | 1.96 | - | - | - | 30.60 | 6.84 | 260 | .82 | .80 | 1.26 | ||||||||||||||||||||||||||||||||||||||||
Year ended 9/30/2008
|
47.70 | .44 | (14.45 | ) | (14.01 | ) | (.88 | ) | (4.17 | ) | (5.05 | ) | 28.64 | (32.57 | ) | 440 | .77 | .70 | 1.17 | ||||||||||||||||||||||||||||||||||
Year ended 9/30/2007
|
39.10 | .48 | 12.56 | 13.04 | (.83 | ) | (3.61 | ) | (4.44 | ) | 47.70 | 35.77 | 403 | .77 | .71 | 1.11 | |||||||||||||||||||||||||||||||||||||
Class R-6:
|
Six months ended 3/31/2012(4)(5)
|
31.52 | .04 | 7.48 | 7.52 | (.26 | ) | - | (.26 | ) | 38.78 | 24.00 | 651 | .73 | (6) | .73 | (6) | .23 | (6) | ||||||||||||||||||||||||||||||||||
Year ended 9/30/2011
|
35.89 | .24 | (3.96 | ) | (3.72 | ) | (.65 | ) | - | (.65 | ) | 31.52 | (10.68 | ) | 494 | .72 | .72 | .64 | |||||||||||||||||||||||||||||||||||
Year ended 9/30/2010
|
30.31 | .27 | 5.62 | 5.89 | (.31 | ) | - | (.31 | ) | 35.89 | 19.57 | 411 | .73 | .73 | .84 | ||||||||||||||||||||||||||||||||||||||
Period from 5/1/2009 to 9/30/2009(4)
|
22.33 | .13 | 7.85 | 7.98 | - | - | - | 30.31 | 35.74 | 317 | .33 | .33 | .51 |
Six months ended
March 31, |
Year ended September 30
|
|||||||||||||||||||||||
2012(4)(5)
|
2011
|
2010
|
2009
|
2008
|
2007
|
|||||||||||||||||||
Portfolio turnover rate for all share classes
|
18 | % | 39 | % | 45 | % | 56 | % | 50 | % | 48 | % |
(1)Based on average shares outstanding.
|
|||||||
(2)Total returns exclude any applicable sales charges, including contingent deferred sales charges.
|
|||||||
(3)This column reflects the impact, if any, of certain reimbursements/waivers from CRMC. During some of the periods shown, CRMC reduced fees for investment advisory services. In addition, during some of the periods shown, CRMC paid a portion of the fund's transfer agent fees for certain retirement plan share classes.
|
|||||||
(4)Based on operations for the period shown and, accordingly, is not representative of a full year.
|
|||||||
(5)Unaudited.
|
|||||||
(6)Annualized.
|
|||||||
(7)Amount less than $.01.
|
|||||||
See Notes to Financial Statements
|
Beginning account value 10/1/2011
|
Ending account value 3/31/2012
|
Expenses paid during period*
|
Annualized expense ratio
|
|||||||||||||
Class A -- actual return
|
$ | 1,000.00 | $ | 1,237.32 | $ | 6.43 | 1.15 | % | ||||||||
Class A -- assumed 5% return
|
1,000.00 | 1,019.25 | 5.81 | 1.15 | ||||||||||||
Class B -- actual return
|
1,000.00 | 1,232.49 | 10.72 | 1.92 | ||||||||||||
Class B -- assumed 5% return
|
1,000.00 | 1,015.40 | 9.67 | 1.92 | ||||||||||||
Class C -- actual return
|
1,000.00 | 1,232.66 | 10.72 | 1.92 | ||||||||||||
Class C -- assumed 5% return
|
1,000.00 | 1,015.40 | 9.67 | 1.92 | ||||||||||||
Class F-1 -- actual return
|
1,000.00 | 1,237.57 | 6.15 | 1.10 | ||||||||||||
Class F-1 -- assumed 5% return
|
1,000.00 | 1,019.50 | 5.55 | 1.10 | ||||||||||||
Class F-2 -- actual return
|
1,000.00 | 1,239.38 | 4.65 | .83 | ||||||||||||
Class F-2 -- assumed 5% return
|
1,000.00 | 1,020.85 | 4.19 | .83 | ||||||||||||
Class 529-A -- actual return
|
1,000.00 | 1,237.08 | 6.60 | 1.18 | ||||||||||||
Class 529-A -- assumed 5% return
|
1,000.00 | 1,019.10 | 5.96 | 1.18 | ||||||||||||
Class 529-B -- actual return
|
1,000.00 | 1,232.10 | 11.22 | 2.01 | ||||||||||||
Class 529-B -- assumed 5% return
|
1,000.00 | 1,014.95 | 10.13 | 2.01 | ||||||||||||
Class 529-C -- actual return
|
1,000.00 | 1,232.05 | 11.10 | 1.99 | ||||||||||||
Class 529-C -- assumed 5% return
|
1,000.00 | 1,015.05 | 10.02 | 1.99 | ||||||||||||
Class 529-E -- actual return
|
1,000.00 | 1,235.69 | 8.10 | 1.45 | ||||||||||||
Class 529-E -- assumed 5% return
|
1,000.00 | 1,017.75 | 7.31 | 1.45 | ||||||||||||
Class 529-F-1 -- actual return
|
1,000.00 | 1,238.47 | 5.48 | .98 | ||||||||||||
Class 529-F-1 -- assumed 5% return
|
1,000.00 | 1,020.10 | 4.95 | .98 | ||||||||||||
Class R-1 -- actual return
|
1,000.00 | 1,232.80 | 10.44 | 1.87 | ||||||||||||
Class R-1 -- assumed 5% return
|
1,000.00 | 1,015.65 | 9.42 | 1.87 | ||||||||||||
Class R-2 -- actual return
|
1,000.00 | 1,232.80 | 10.61 | 1.90 | ||||||||||||
Class R-2 -- assumed 5% return
|
1,000.00 | 1,015.50 | 9.57 | 1.90 | ||||||||||||
Class R-3 -- actual return
|
1,000.00 | 1,235.58 | 7.99 | 1.43 | ||||||||||||
Class R-3 -- assumed 5% return
|
1,000.00 | 1,017.85 | 7.21 | 1.43 | ||||||||||||
Class R-4 -- actual return
|
1,000.00 | 1,237.70 | 6.04 | 1.08 | ||||||||||||
Class R-4 -- assumed 5% return
|
1,000.00 | 1,019.60 | 5.45 | 1.08 | ||||||||||||
Class R-5 -- actual return
|
1,000.00 | 1,239.96 | 4.37 | .78 | ||||||||||||
Class R-5 -- assumed 5% return
|
1,000.00 | 1,021.10 | 3.94 | .78 | ||||||||||||
Class R-6 -- actual return
|
1,000.00 | 1,240.03 | 4.09 | .73 | ||||||||||||
Class R-6 -- assumed 5% return
|
1,000.00 | 1,021.35 | 3.69 | .73 | ||||||||||||
*The “expenses paid during period” are equal to the “annualized expense ratio,” multiplied by the average account value over the period, multiplied by the number of days in the period, and divided by 366 (to reflect the one-half year period).
|
Average annual total returns for periods ended March 31, 2012:
|
||||||||||||
10 years/
|
||||||||||||
1 year
|
5 years
|
Life of class1
|
||||||||||
Class B shares2
|
||||||||||||
Reflecting applicable contingent deferred sales charge
|
||||||||||||
(CDSC), maximum of 5%, payable only if shares are
|
||||||||||||
sold within six years of purchase
|
–8.09 | % | 0.35 | % | 7.52 | % | ||||||
Not reflecting CDSC
|
–3.25 | 0.71 | 7.52 | |||||||||
Class C shares
|
||||||||||||
Reflecting CDSC, maximum of 1%, payable only
|
||||||||||||
if shares are sold within one year of purchase
|
–4.22 | 0.72 | 7.35 | |||||||||
Not reflecting CDSC
|
–3.25 | 0.72 | 7.35 | |||||||||
Class F-1 shares3
|
||||||||||||
Not reflecting annual asset-based fee charged
|
||||||||||||
by sponsoring firm
|
–2.46 | 1.51 | 8.19 | |||||||||
Class F-2 shares3 — first sold 8/1/08
|
||||||||||||
Not reflecting annual asset-based fee charged
|
||||||||||||
by sponsoring firm
|
–2.22 | — | 4.93 | |||||||||
Class 529-A shares4
|
||||||||||||
Reflecting 5.75% maximum sales charge
|
–8.14 | 0.26 | 7.52 | |||||||||
Not reflecting maximum sales charge
|
–2.54 | 1.45 | 8.16 | |||||||||
Class 529-B shares2,4
|
||||||||||||
Reflecting applicable CDSC, maximum of 5%, payable
|
||||||||||||
only if shares are sold within six years of purchase
|
–8.15 | 0.27 | 7.41 | |||||||||
Not reflecting CDSC
|
–3.32 | 0.63 | 7.41 | |||||||||
Class 529-C shares4
|
||||||||||||
Reflecting CDSC, maximum of 1%, payable only
|
||||||||||||
if shares are sold within one year of purchase
|
–4.29 | 0.63 | 7.25 | |||||||||
Not reflecting CDSC
|
–3.33 | 0.63 | 7.25 | |||||||||
Class 529-E shares3,4
|
–2.79 | 1.16 | 7.82 | |||||||||
Class 529-F-1 shares3,4 — first sold 9/17/02
|
||||||||||||
Not reflecting annual asset-based fee charged
|
||||||||||||
by sponsoring firm
|
–2.35 | 1.65 | 11.59 |
|
1Applicable to Class F-2 and 529-F-1 shares only. All other share classes reflect 10-year results.
|
|
2These shares are not available for purchase.
|
|
3These shares are sold without any initial or contingent deferred sales charge.
|
|
4Results shown do not reflect the $10 account setup fee and an annual $10 account maintenance fee.
|
|
|
1 As of 12/31/11.
|
|
2 Based on Class A share results for periods through 12/31/11. Periods covered are the shorter of the fund’s lifetime or since the comparable Lipper index inception date.
|
|
3 Based on management fees for the 20-year period ended 12/31/11 versus comparable Lipper categories, excluding funds of funds.
|
|
•Growth funds
|
|
Emphasis on long-term growth through stocks
|
|
AMCAP Fund®
|
|
EuroPacific Growth Fund®
|
|
The Growth Fund of America®
|
|
The New Economy Fund®
|
|
New Perspective Fund®
|
|
New World Fund®
|
|
SMALLCAP World Fund®
|
|
•Growth-and-income funds
|
|
Emphasis on long-term growth and dividends through stocks
|
|
American Mutual Fund®
|
|
Capital World Growth and Income Fund®
|
|
Fundamental InvestorsSM
|
|
International Growth and Income FundSM
|
|
The Investment Company of America®
|
|
Washington Mutual Investors FundSM
|
|
•Equity-income funds
|
|
Emphasis on above-average income and growth through stocks and/or bonds
|
|
Capital Income Builder®
|
|
The Income Fund of America®
|
|
•Balanced funds
|
|
Emphasis on long-term growth and current income through stocks and bonds
|
|
American Balanced Fund®
|
|
American Funds Global Balanced FundSM
|
|
•Bond funds
|
|
Emphasis on current income through bonds
|
|
American Funds Mortgage Fund®
|
|
American High-Income TrustSM
|
|
The Bond Fund of AmericaSM
|
|
Capital World Bond Fund®
|
|
Intermediate Bond Fund of America®
|
|
Short-Term Bond Fund of AmericaSM
|
|
U.S. Government Securities FundSM
|
|
•Tax-exempt bond funds
|
|
Emphasis on tax-exempt current income through municipal bonds
|
|
American Funds Short-Term Tax-Exempt Bond FundSM
|
|
American High-Income Municipal Bond Fund®
|
|
Limited Term Tax-Exempt Bond Fund of AmericaSM
|
|
The Tax-Exempt Bond Fund of America®
|
|
State-specific tax-exempt funds
|
|
American Funds Tax-Exempt Fund of New York®
|
|
The Tax-Exempt Fund of California®
|
|
The Tax-Exempt Fund of Maryland®
|
|
The Tax-Exempt Fund of Virginia®
|
|
•Money market fund
|
|
American Funds Money Market Fund®
|
|
•American Funds Portfolio SeriesSM
|
|
American Funds Global Growth PortfolioSM
|
|
American Funds Growth PortfolioSM
|
|
American Funds Growth and Income PortfolioSM
|
|
American Funds Balanced PortfolioSM
|
|
American Funds Income PortfolioSM
|
|
American Funds Tax-Advantaged Income PortfolioSM
|
|
American Funds Preservation PortfolioSM
|
|
American Funds Tax-Exempt Preservation PortfolioSM
|
|
•American Funds Target Date Retirement Series®
|
Common stocks — 92.48%
|
Shares
|
Value
(000)
|
||||||
CONSUMER DISCRETIONARY — 18.32%
|
||||||||
lululemon athletica inc.1
|
2,442,100 | $ | 182,376 | |||||
Mr Price Group Ltd.
|
10,577,613 | 130,086 | ||||||
Virgin Media Inc.
|
5,062,500 | 126,461 | ||||||
Chipotle Mexican Grill, Inc.1
|
298,000 | 124,564 | ||||||
Lions Gate Entertainment Corp.1,2
|
8,000,000 | 111,360 | ||||||
Delticom AG2
|
946,921 | 100,906 | ||||||
Paddy Power PLC
|
1,546,226 | 97,377 | ||||||
DSW Inc., Class A
|
1,557,000 | 85,277 | ||||||
Liberty Media Corp., Class A1
|
938,912 | 82,765 | ||||||
TOD’S SpA
|
718,225 | 80,799 | ||||||
CTC Media, Inc.
|
6,787,000 | 78,933 | ||||||
CarMax, Inc.1
|
2,257,000 | 78,205 | ||||||
Tesla Motors, Inc.1
|
1,916,355 | 71,365 | ||||||
Tiffany & Co.
|
947,000 | 65,466 | ||||||
ASOS PLC1
|
2,269,955 | 64,701 | ||||||
Statoil Fuel & Retail ASA
|
9,200,000 | 58,643 | ||||||
Minth Group Ltd.
|
48,240,000 | 55,908 | ||||||
Melco Crown Entertainment Ltd. (ADR)1
|
4,000,000 | 54,440 | ||||||
John Wiley & Sons, Inc., Class A
|
1,134,283 | 53,981 | ||||||
Jubilant FoodWorks Ltd.1
|
2,220,098 | 51,255 | ||||||
PT Ace Hardware Indonesia Tbk2
|
104,390,000 | 50,802 | ||||||
Dollarama Inc.
|
1,005,000 | 46,872 | ||||||
CTS Eventim AG
|
1,166,600 | 40,298 | ||||||
Halfords Group PLC
|
7,840,000 | 38,950 | ||||||
Mood Media Corp.1,2,3
|
6,375,000 | 24,287 | ||||||
Mood Media Corp. (CDI) (GBP denominated)1,2,3
|
3,710,000 | 14,134 | ||||||
Rightmove PLC
|
1,632,594 | 37,917 | ||||||
Domino’s Pizza Enterprises Ltd.2
|
4,002,300 | 37,727 | ||||||
Brunswick Corp.
|
1,447,535 | 37,274 | ||||||
Mekonomen AB
|
1,145,943 | 36,808 | ||||||
Stella International Holdings Ltd.
|
15,020,000 | 36,440 | ||||||
Scholastic Corp.
|
1,000,000 | 35,280 | ||||||
Cox and Kings (India) Ltd.2
|
10,592,000 | 33,900 | ||||||
Cox and Kings (India) Ltd. (GDR)2,4
|
330,000 | 1,056 | ||||||
Domino’s Pizza UK & IRL PLC
|
4,826,500 | 33,319 | ||||||
CDON Group AB1,2
|
3,842,916 | 32,819 | ||||||
Café de Coral Holdings Ltd.
|
11,698,000 | 32,538 | ||||||
Gourmet Master Co., Ltd.
|
3,920,450 | 32,477 | ||||||
New Oriental Education & Technology Group Inc. (ADR)1
|
1,180,000 | 32,403 | ||||||
HUGO BOSS AG
|
280,231 | 32,299 | ||||||
Domino’s Pizza, Inc.
|
850,000 | 30,855 | ||||||
Parkson Retail Group Ltd.
|
26,990,500 | 30,829 | ||||||
Golden Eagle Retail Group Ltd.
|
11,982,000 | 30,612 | ||||||
Tractor Supply Co.
|
337,800 | 30,591 | ||||||
Hyundai Home Shopping Co., Ltd.
|
256,200 | 30,299 | ||||||
QSR Brands Bhd
|
14,144,600 | 29,550 | ||||||
CJ CGV Co., Ltd.2
|
1,235,000 | 28,884 | ||||||
Churchill Downs Inc.
|
500,000 | 27,950 | ||||||
Jumbo SA
|
5,565,139 | 27,165 | ||||||
Boyd Gaming Corp.1
|
3,349,000 | 26,256 | ||||||
SuperGroup PLC1
|
2,640,500 | 26,017 | ||||||
Ekornes ASA
|
1,445,850 | 25,135 | ||||||
DreamWorks Animation SKG, Inc., Class A1
|
1,340,000 | 24,723 | ||||||
Jarden Corp.
|
575,000 | 23,132 | ||||||
Leggett & Platt, Inc.
|
990,000 | 22,780 | ||||||
Francesca’s Holdings Corp.1
|
720,017 | 22,760 | ||||||
TAKKT AG
|
1,456,778 | 22,538 | ||||||
Group 1 Automotive, Inc.
|
400,000 | 22,468 | ||||||
HT Media Ltd.
|
8,179,036 | 22,428 | ||||||
YOOX SpA1
|
1,387,000 | 22,032 | ||||||
Media Prima Bhd.
|
25,155,000 | 22,006 | ||||||
Wendy’s Co.
|
4,123,000 | 20,656 | ||||||
Fielmann AG
|
210,000 | 20,191 | ||||||
Schibsted ASA
|
535,000 | 19,823 | ||||||
Powerland AG, non-registered shares1,2
|
1,200,000 | 19,317 | ||||||
Signet Jewelers Ltd.
|
400,000 | 18,912 | ||||||
Sotheby’s Holdings, Inc.
|
475,000 | 18,687 | ||||||
Autoneum Holding AG1,2
|
326,606 | 18,434 | ||||||
Shopper’s Stop Ltd.
|
2,340,000 | 17,854 | ||||||
Navitas Ltd.
|
4,625,000 | 17,007 | ||||||
Lennar Corp., Class A
|
619,000 | 16,824 | ||||||
PT Indomobil Sukses Internasional Tbk1
|
10,000,000 | 16,514 | ||||||
Sportingbet PLC
|
26,600,000 | 16,061 | ||||||
Entertainment One Ltd.1
|
6,218,282 | 15,666 | ||||||
Toll Corp.1
|
634,000 | 15,210 | ||||||
Modern Times Group MTG AB, Class B
|
275,000 | 15,147 | ||||||
Parkson Holdings Bhd.
|
8,390,322 | 14,707 | ||||||
Penske Automotive Group, Inc.
|
596,054 | 14,681 | ||||||
CFAO
|
330,000 | 14,181 | ||||||
LeapFrog Enterprises, Inc., Class A1
|
1,695,599 | 14,175 | ||||||
Mando Corp.
|
94,100 | 13,828 | ||||||
Hongkong and Shanghai Hotels, Ltd.
|
10,031,959 | 13,642 | ||||||
Dixons Retail PLC1
|
45,223,542 | 13,498 | ||||||
Mandarin Oriental International Ltd.
|
8,250,000 | 13,324 | ||||||
Headlam Group PLC
|
2,809,685 | 13,303 | ||||||
POLYTEC Holding AG, non-registered shares1,2
|
1,450,500 | 13,263 | ||||||
Focus Media Holding Ltd. (ADR)
|
500,000 | 12,560 | ||||||
REXLot Holdings Ltd.
|
140,000,000 | 12,440 | ||||||
Ocado Group PLC1
|
6,533,708 | 11,966 | ||||||
Mothercare PLC2
|
4,480,000 | 11,895 | ||||||
P.F. Chang’s China Bistro, Inc.
|
300,000 | 11,856 | ||||||
Home Retail Group PLC
|
6,335,000 | 11,551 | ||||||
Winnebago Industries, Inc.1
|
1,161,516 | 11,383 | ||||||
Daily Mail and General Trust PLC, Class A, nonvoting
|
1,540,000 | 11,121 | ||||||
Hankook Tire Co., Ltd.
|
286,840 | 10,620 | ||||||
Michael Kors Holdings Ltd.1
|
225,300 | 10,497 | ||||||
Giordano International Ltd.
|
13,600,000 | 10,455 | ||||||
Intercontinental Hotels Group PLC
|
430,678 | 10,009 | ||||||
Youngone Corp.
|
517,890 | 9,873 | ||||||
Bloomsbury Publishing PLC2
|
5,405,000 | 9,423 | ||||||
ValueVision Media, Inc., Class A1,2
|
3,875,293 | 8,022 | ||||||
D.B. Corp Ltd.
|
1,841,206 | 7,940 | ||||||
SHW AG, non-registered shares1
|
230,000 | 7,884 | ||||||
OfficeMax Inc.1
|
1,360,000 | 7,779 | ||||||
China Zenix Auto International Ltd. (ADR)
|
2,152,000 | 7,704 | ||||||
CJ Home Shopping Co., Ltd.
|
33,000 | 7,572 | ||||||
National American University Holdings, Inc.
|
1,200,000 | 7,560 | ||||||
D.R. Horton, Inc.
|
490,000 | 7,433 | ||||||
zooplus AG, non-registered shares1
|
130,000 | 7,221 | ||||||
K-Swiss Inc., Class A1
|
1,750,000 | 7,175 | ||||||
U.S. Auto Parts Network, Inc.1,2
|
1,980,000 | 7,148 | ||||||
Home Inns & Hotels Management Inc. (ADR)1
|
255,000 | 6,505 | ||||||
Smith & Wesson Holding Corp.1
|
830,000 | 6,433 | ||||||
Harman International Industries, Inc.
|
137,000 | 6,413 | ||||||
Blue Nile, Inc.1
|
188,265 | 6,209 | ||||||
Bijou Brigitte modische Accessoires AG
|
52,000 | 5,153 | ||||||
Aristocrat Leisure Ltd.
|
1,550,000 | 4,849 | ||||||
Talwalkars Better Value Fitness Ltd.2
|
1,446,000 | 4,341 | ||||||
Cinema City International NV1
|
400,000 | 4,118 | ||||||
School Specialty, Inc.1,2
|
1,153,240 | 4,083 | ||||||
Cheil Worldwide Inc.
|
250,000 | 3,994 | ||||||
Balkrishna Industries Ltd.
|
759,246 | 3,850 | ||||||
T4F Entretenimento SA, ordinary nominative1
|
412,500 | 3,774 | ||||||
GVC Holdings PLC
|
1,392,400 | 3,051 | ||||||
Thomas Cook Group PLC
|
6,414,936 | 2,309 | ||||||
GEOX SpA
|
591,000 | 1,931 | ||||||
Pantaloon Retail (India) Ltd., Class B
|
128,575 | 238 | ||||||
Fourlis1
|
96,365 | 176 | ||||||
Ten Alps PLC1
|
3,439,001 | 124 | ||||||
Five Star Travel Corp.1,4,5
|
96,033 | 26 | ||||||
CEC Unet PLC1,2,4
|
35,100,775 | — | ||||||
Spot Runner, Inc.1,4,5
|
2,980,544 | — | ||||||
Fontainebleau Resorts LLC, Class A, nonvoting units1,4,5
|
1,900,000 | — | ||||||
3,683,047 | ||||||||
INDUSTRIALS — 13.43%
|
||||||||
MSC Industrial Direct Co., Inc., Class A
|
2,147,500 | 178,844 | ||||||
Intertek Group PLC
|
2,702,000 | 108,522 | ||||||
MTU Aero Engines Holding AG
|
1,138,000 | 91,657 | ||||||
Chart Industries, Inc.1
|
1,106,000 | 81,103 | ||||||
Michael Page International PLC
|
9,727,502 | 74,684 | ||||||
Beacon Roofing Supply, Inc.1,2
|
2,616,138 | 67,392 | ||||||
IDEX Corp.
|
1,535,000 | 64,670 | ||||||
Herman Miller, Inc.
|
2,800,000 | 64,288 | ||||||
BELIMO Holding AG2
|
30,900 | 59,698 | ||||||
Nabtesco Corp.
|
2,840,000 | 58,262 | ||||||
Meggitt PLC
|
8,891,695 | 57,444 | ||||||
Pipavav Defence and Offshore Engineering Co. Ltd.1,2
|
35,731,000 | 56,109 | ||||||
MITIE Group PLC
|
12,509,000 | 55,923 | ||||||
Polypore International, Inc.1
|
1,565,000 | 55,025 | ||||||
Corrections Corporation of America1
|
1,998,900 | 54,590 | ||||||
Moog Inc., Class A1
|
1,192,800 | 51,159 | ||||||
Mills Estruturas e Serviços de Engenharia SA, ordinary nominative
|
3,943,000 | 50,328 | ||||||
AirAsia Bhd.
|
44,000,000 | 49,551 | ||||||
PT Sarana Menara Nusantara Tbk1
|
34,850,000 | 47,831 | ||||||
Exponent, Inc.1,2
|
936,400 | 45,434 | ||||||
Watsco, Inc.
|
611,286 | 45,260 | ||||||
Goodpack Ltd.2
|
30,060,000 | 42,326 | ||||||
Johnson Electric Holdings Ltd.
|
63,859,500 | 39,719 | ||||||
Huntington Ingalls Industries, Inc.1
|
965,131 | 38,837 | ||||||
Northgate PLC1,2
|
10,626,805 | 35,831 | ||||||
Container Corp. of India Ltd.
|
1,840,000 | 34,487 | ||||||
Blount International, Inc.1
|
1,950,500 | 32,534 | ||||||
Dynasty Ceramic PCL
|
15,378,000 | 32,526 | ||||||
SIA Engineering Co. Ltd.
|
9,833,000 | 31,524 | ||||||
Société BIC SA
|
308,000 | 30,907 | ||||||
Landstar System, Inc.
|
509,250 | 29,394 | ||||||
Uponor Oyj
|
2,521,600 | 29,057 | ||||||
Harmonic Drive Systems Inc.
|
1,148,600 | 28,934 | ||||||
Andritz AG
|
293,600 | 28,734 | ||||||
Comfort Systems USA, Inc.2
|
2,476,000 | 27,013 | ||||||
Ennis, Inc.2
|
1,659,676 | 26,256 | ||||||
BrisConnections Unit Trusts1,2
|
27,300,000 | 25,451 | ||||||
Waste Connections, Inc.
|
754,000 | 24,528 | ||||||
TransDigm Group Inc.1
|
203,000 | 23,499 | ||||||
Houston Wire & Cable Co.2
|
1,678,900 | 23,320 | ||||||
Regus PLC
|
12,718,620 | 23,110 | ||||||
Robert Half International Inc.
|
745,000 | 22,573 | ||||||
Jain Irrigation Systems Ltd.
|
11,470,000 | 22,164 | ||||||
Globaltrans Investment PLC (GDR)
|
1,279,446 | 21,879 | ||||||
TrueBlue, Inc.1
|
1,223,000 | 21,867 | ||||||
Masco Corp.
|
1,625,000 | 21,726 | ||||||
Standard Parking Corp.1,2
|
1,048,600 | 21,496 | ||||||
Graco Inc.
|
400,000 | 21,224 | ||||||
AIA Engineering Ltd.
|
2,915,050 | 21,048 | ||||||
CoStar Group, Inc.1
|
300,000 | 20,715 | ||||||
Frigoglass SAIC2
|
3,052,380 | 20,029 | ||||||
THK Co., Ltd.
|
911,100 | 18,526 | ||||||
Danieli & C. Officine Meccaniche SpA, nonconvertible shares
|
1,171,903 | 17,411 | ||||||
Cebu Air, Inc.
|
10,800,000 | 16,879 | ||||||
Tegma Gestão Logística SA, ordinary nominative
|
981,200 | 16,389 | ||||||
SAI Global Ltd.
|
3,158,843 | 16,360 | ||||||
Steelcase Inc., Class A
|
1,690,000 | 16,224 | ||||||
Douglas Dynamics, Inc.2
|
1,175,000 | 16,156 | ||||||
AeroVironment, Inc.1
|
600,000 | 16,086 | ||||||
Geberit AG
|
74,000 | 15,485 | ||||||
KBR, Inc.
|
435,000 | 15,464 | ||||||
Austal Ltd.
|
7,888,056 | 15,320 | ||||||
Heidelberger Druckmaschinen AG, non-registered shares1
|
7,517,000 | 15,068 | ||||||
OSG Corp.
|
980,000 | 14,824 | ||||||
Mvelaserve Ltd.2
|
9,194,800 | 13,784 | ||||||
Chemring Group PLC
|
2,090,000 | 13,623 | ||||||
WABCO Holdings Inc.1
|
221,000 | 13,366 | ||||||
Mine Safety Appliances Co.
|
324,000 | 13,310 | ||||||
Boer Power Holdings Ltd.
|
31,753,000 | 12,676 | ||||||
Westport Innovations Inc.1
|
300,000 | 12,276 | ||||||
American Science and Engineering, Inc.
|
175,000 | 11,734 | ||||||
ITE Group PLC
|
3,165,000 | 11,239 | ||||||
Ritchie Bros. Auctioneers Inc.
|
450,000 | 10,692 | ||||||
Hays PLC
|
7,755,000 | 10,463 | ||||||
Zumtobel AG
|
740,000 | 10,452 | ||||||
Wienerberger AG
|
868,000 | 10,177 | ||||||
Praj Industries Ltd.
|
5,942,291 | 9,355 | ||||||
Mobile Mini, Inc.1
|
417,600 | 8,820 | ||||||
Haitian International Holdings Ltd.
|
7,580,000 | 8,502 | ||||||
United Stationers Inc.
|
272,000 | 8,440 | ||||||
Pfeiffer Vacuum Technology AG, non-registered shares
|
64,000 | 7,251 | ||||||
China Automation Group Ltd.
|
27,000,000 | 7,162 | ||||||
S1 Corp.
|
146,700 | 6,836 | ||||||
Amtek Engineering Ltd.
|
10,502,400 | 5,974 | ||||||
SATS Ltd.
|
3,000,000 | 5,942 | ||||||
MISUMI Group Inc.
|
241,500 | 5,873 | ||||||
Teleperformance SA
|
200,000 | 5,715 | ||||||
Carborundum Universal Ltd.
|
1,800,000 | 5,505 | ||||||
Ellaktor SA
|
3,102,118 | 4,923 | ||||||
Prysmian SpA
|
260,000 | 4,570 | ||||||
TD Power Systems Ltd.1
|
873,843 | 4,196 | ||||||
Meyer Burger Technology AG1
|
195,000 | 3,186 | ||||||
Amara Raja Batteries Ltd.
|
414,443 | 2,384 | ||||||
Aker Philadelphia Shipyard ASA1,4
|
346,000 | 425 | ||||||
Downer EDI Ltd.1
|
86,915 | 362 | ||||||
Imagelinx PLC1,2
|
20,685,714 | 248 | ||||||
American Shipping Co. ASA1
|
381,069 | 66 | ||||||
2,700,201 | ||||||||
HEALTH CARE — 13.16%
|
||||||||
Regeneron Pharmaceuticals, Inc.1
|
1,368,820 | 159,632 | ||||||
Pharmacyclics, Inc.1,2
|
4,299,474 | 119,353 | ||||||
Endo Pharmaceuticals Holdings Inc.1
|
2,664,100 | 103,181 | ||||||
Intuitive Surgical, Inc.1
|
155,000 | 83,971 | ||||||
AMERIGROUP Corp.1
|
1,227,029 | 82,554 | ||||||
Fleury SA, ordinary nominative
|
6,190,750 | 81,732 | ||||||
Incyte Corp.1
|
4,052,400 | 78,211 | ||||||
Cochlear Ltd.
|
1,138,910 | 73,026 | ||||||
Sysmex Corp.
|
1,764,000 | 71,182 | ||||||
Grifols, SA, Class A1
|
3,290,000 | 70,206 | ||||||
Amylin Pharmaceuticals, Inc.1
|
2,713,300 | 67,724 | ||||||
athenahealth, Inc.1
|
894,698 | 66,315 | ||||||
Emeritus Corp.1,2
|
3,540,000 | 62,516 | ||||||
Thoratec Corp.1
|
1,816,000 | 61,217 | ||||||
Alere Inc.1
|
2,332,171 | 60,660 | ||||||
VCA Antech, Inc.1
|
2,575,000 | 59,766 | ||||||
Hikma Pharmaceuticals PLC
|
5,189,153 | 56,357 | ||||||
Sirona Dental Systems, Inc.1
|
1,033,900 | 53,287 | ||||||
BioMarin Pharmaceutical Inc.1
|
1,457,500 | 49,919 | ||||||
Align Technology, Inc.1
|
1,800,000 | 49,590 | ||||||
ZOLL Medical Corp.1
|
516,424 | 47,836 | ||||||
ArthroCare Corp.1,2
|
1,604,600 | 43,084 | ||||||
Hologic, Inc.1
|
1,965,000 | 42,346 | ||||||
Orthofix International NV1,2
|
1,110,100 | 41,718 | ||||||
Myriad Genetics, Inc.1
|
1,749,000 | 41,381 | ||||||
Illumina, Inc.1
|
781,600 | 41,120 | ||||||
NuVasive, Inc.1,2
|
2,377,936 | 40,044 | ||||||
Synageva BioPharma Corp.1,2
|
1,101,873 | 39,524 | ||||||
Integra LifeSciences Holdings Corp.1
|
1,039,793 | 36,070 | ||||||
Ironwood Pharmaceuticals, Inc., Class A1
|
2,671,100 | 35,552 | ||||||
Medivation, Inc.1
|
464,000 | 34,670 | ||||||
Fisher & Paykel Healthcare Corp. Ltd.
|
18,500,000 | 33,931 | ||||||
Bangkok Dusit Medical Services PCL
|
11,395,000 | 32,043 | ||||||
GN Store Nord AS
|
2,938,199 | 31,359 | ||||||
St.Shine Optical Co. Ltd.
|
2,330,000 | 30,236 | ||||||
Wright Medical Group, Inc.1
|
1,523,485 | 29,434 | ||||||
Hill-Rom Holdings, Inc.
|
817,068 | 27,298 | ||||||
Nobel Biocare Holding AG
|
2,150,000 | 26,890 | ||||||
ABIOMED, Inc.1
|
1,166,873 | 25,893 | ||||||
Dendreon Corp.1
|
2,377,000 | 25,327 | ||||||
Volcano Corp.1
|
827,011 | 23,446 | ||||||
Virbac SA
|
145,000 | 23,052 | ||||||
Idenix Pharmaceuticals, Inc.1
|
2,300,000 | 22,517 | ||||||
Cadence Pharmaceuticals, Inc.1,2
|
5,992,279 | 22,171 | ||||||
Fluidigm Corp.1,2
|
1,350,735 | 21,247 | ||||||
CFR Pharmaceuticals SA
|
82,425,400 | 20,581 | ||||||
Sagent Pharmaceuticals, Inc.1
|
1,113,500 | 19,898 | ||||||
Apollo Hospitals Enterprise Ltd.
|
1,580,000 | 19,812 | ||||||
Ansell Ltd.
|
1,200,000 | 18,484 | ||||||
Exelixis, Inc.1
|
3,540,000 | 18,337 | ||||||
China Kanghui Holdings (ADR)1
|
939,900 | 17,867 | ||||||
Emergent BioSolutions Inc.1
|
1,105,000 | 17,680 | ||||||
Invacare Corp.
|
973,300 | 16,128 | ||||||
JSC Pharmstandard (GDR)1
|
824,610 | 14,629 | ||||||
Achillion Pharmaceuticals, Inc.1
|
1,500,000 | 14,370 | ||||||
MEDICA SA
|
765,000 | 12,534 | ||||||
HealthStream, Inc.1
|
500,000 | 11,595 | ||||||
Human Genome Sciences, Inc.1
|
1,380,000 | 11,371 | ||||||
Abaxis, Inc.1
|
389,000 | 11,332 | ||||||
Genomma Lab Internacional, SAB de CV, Series B1
|
6,020,000 | 10,973 | ||||||
BG Medicine, Inc.1,2
|
1,462,603 | 10,268 | ||||||
Savient Pharmaceuticals, Inc.1,2
|
4,694,200 | 10,233 | ||||||
Covance Inc.1
|
200,000 | 9,526 | ||||||
Tsumura & Co.
|
315,000 | 9,099 | ||||||
Ipca Laboratories Ltd.
|
1,295,000 | 8,521 | ||||||
Centene Corp.1
|
165,000 | 8,080 | ||||||
MicroPort Scientific Corp.
|
13,000,000 | 6,094 | ||||||
Krka, dd, Novo mesto
|
86,820 | 5,805 | ||||||
Amplifon SpA
|
1,075,000 | 5,549 | ||||||
Codexis, Inc.1
|
1,200,000 | 4,380 | ||||||
Merck Ltd.1
|
299,383 | 3,542 | ||||||
2,645,276 | ||||||||
INFORMATION TECHNOLOGY — 12.03%
|
||||||||
AAC Technologies Holdings Inc.
|
58,436,000 | 158,778 | ||||||
National Instruments Corp.
|
3,686,479 | 105,138 | ||||||
Compuware Corp.1
|
10,362,622 | 95,232 | ||||||
Hittite Microwave Corp.1,2
|
1,659,950 | 90,152 | ||||||
Dialog Semiconductor PLC1,2
|
3,434,421 | 83,892 | ||||||
Elster Group SE (ADR)1
|
5,141,400 | 81,285 | ||||||
Kingboard Chemical Holdings Ltd.
|
22,804,200 | 79,728 | ||||||
SINA Corp.1
|
1,135,000 | 73,775 | ||||||
Vistaprint NV1,2
|
1,860,000 | 71,889 | ||||||
FactSet Research Systems, Inc.
|
670,000 | 66,357 | ||||||
Bankrate, Inc.1
|
2,433,730 | 60,235 | ||||||
Monster Worldwide, Inc.1
|
5,827,600 | 56,819 | ||||||
MICROS Systems, Inc.1
|
1,024,000 | 56,617 | ||||||
Angie’s List, Inc.1,2,4,5
|
2,261,888 | 37,173 | ||||||
Angie’s List, Inc.1,2
|
962,450 | 18,181 | ||||||
AOL Inc.1
|
2,845,000 | 53,970 | ||||||
Kapsch TrafficCom AG
|
508,201 | 43,040 | ||||||
Fidessa group PLC
|
1,496,000 | 39,602 | ||||||
Dolby Laboratories, Inc., Class A1
|
1,035,400 | 39,407 | ||||||
AVEVA Group PLC
|
1,472,500 | 39,027 | ||||||
International Rectifier Corp.1
|
1,666,000 | 38,435 | ||||||
Quantum Corp.1,2
|
13,699,097 | 35,892 | ||||||
OBIC Co., Ltd.
|
158,330 | 32,098 | ||||||
Autodesk, Inc.1
|
705,000 | 29,836 | ||||||
Delta Electronics (Thailand) PCL
|
33,935,900 | 28,601 | ||||||
Kingdee International Software Group Co. Ltd.
|
117,250,000 | 28,235 | ||||||
Semtech Corp.1
|
960,000 | 27,322 | ||||||
Trimble Navigation Ltd.1
|
500,000 | 27,210 | ||||||
Power Integrations, Inc.
|
727,100 | 26,990 | ||||||
Global Payments Inc.4
|
561,116 | 26,636 | ||||||
Littelfuse, Inc.
|
400,000 | 25,080 | ||||||
Active Network, Inc.1
|
1,480,000 | 24,908 | ||||||
Cardtronics, Inc.1
|
942,600 | 24,743 | ||||||
Cirrus Logic, Inc.1
|
1,029,668 | 24,506 | ||||||
MercadoLibre, Inc.
|
249,400 | 24,389 | ||||||
Kingboard Laminates Holdings Ltd.
|
49,319,236 | 23,308 | ||||||
Neopost SA
|
353,891 | 22,759 | ||||||
Zebra Technologies Corp., Class A1
|
550,000 | 22,649 | ||||||
Info Edge (India) Ltd.
|
1,580,000 | 22,609 | ||||||
SPS Commerce, Inc.1,2
|
838,500 | 22,539 | ||||||
Red Hat, Inc.1
|
370,000 | 22,159 | ||||||
Hana Microelectronics PCL
|
30,925,000 | 21,953 | ||||||
Quest Software, Inc.1
|
860,000 | 20,012 | ||||||
Hamamatsu Photonics K.K.
|
525,000 | 19,821 | ||||||
Spectris PLC
|
680,000 | 19,610 | ||||||
Avid Technology, Inc.1
|
1,742,153 | 19,164 | ||||||
Rovi Corp.1
|
577,400 | 18,794 | ||||||
KLA-Tencor Corp.
|
340,650 | 18,538 | ||||||
Ultimate Software Group, Inc.1
|
250,000 | 18,320 | ||||||
SEEK Ltd.
|
2,500,000 | 18,231 | ||||||
Zillow, Inc., Class A1
|
500,000 | 17,795 | ||||||
Yaskawa Electric Corp.
|
1,690,000 | 15,885 | ||||||
SciQuest, Inc.1
|
1,015,500 | 15,476 | ||||||
NCC Group PLC
|
1,031,000 | 14,842 | ||||||
Jabil Circuit, Inc.
|
550,000 | 13,816 | ||||||
Logitech International SA1
|
1,700,000 | 13,260 | ||||||
Youku.com Inc., Class A (ADR)1
|
600,000 | 13,194 | ||||||
Liquidity Services, Inc.1
|
290,136 | 12,998 | ||||||
Infotech Enterprises Ltd.
|
4,400,000 | 12,895 | ||||||
Ellie Mae, Inc.1,2
|
1,127,966 | 12,588 | ||||||
Demand Media, Inc.1
|
1,731,660 | 12,555 | ||||||
Genpact Ltd.1
|
760,000 | 12,388 | ||||||
Immersion Corp.1,2
|
2,254,000 | 12,307 | ||||||
OpenTable, Inc.1
|
285,000 | 11,534 | ||||||
Halma PLC
|
1,865,000 | 11,354 | ||||||
Green Packet Bhd.1,2
|
52,599,216 | 9,873 | ||||||
Wintek Corp.
|
12,649,133 | 9,814 | ||||||
Maxwell Technologies, Inc.1
|
525,000 | 9,623 | ||||||
Tangoe, Inc.1
|
500,000 | 9,405 | ||||||
Playtech Ltd.
|
1,524,421 | 8,882 | ||||||
Tripod Technology Corp.
|
2,645,800 | 8,875 | ||||||
DTS, Inc.1
|
292,000 | 8,824 | ||||||
Cadence Design Systems, Inc.1
|
735,504 | 8,708 | ||||||
China High Precision Automation Group Ltd.2,4
|
67,422,000 | 8,682 | ||||||
OnMobile Global Ltd.1,2
|
7,184,110 | 8,475 | ||||||
Comverse Technology, Inc.1
|
1,190,000 | 8,175 | ||||||
RealPage, Inc.1
|
348,000 | 6,671 | ||||||
FormFactor, Inc.1
|
1,180,000 | 6,584 | ||||||
Universal Display Corp.1
|
180,000 | 6,575 | ||||||
ULVAC, Inc.1
|
575,000 | 6,315 | ||||||
Ubisoft Entertainment SA1
|
285,000 | 2,103 | ||||||
Oakton Ltd.
|
1,502,075 | 1,953 | ||||||
Remark Media, Inc.1
|
81,521 | 491 | ||||||
Remark Media, Inc.1,4,5
|
29,470 | 127 | ||||||
2,418,686 | ||||||||
FINANCIALS — 8.88%
|
||||||||
East West Bancorp, Inc.
|
4,462,771 | 103,045 | ||||||
Onex Corp.
|
2,637,700 | 97,078 | ||||||
Kotak Mahindra Bank Ltd.
|
7,170,098 | 76,754 | ||||||
Brait SE1,2
|
27,468,288 | 74,516 | ||||||
YES BANK Ltd.
|
10,065,832 | 72,868 | ||||||
Assured Guaranty Ltd.
|
4,330,000 | 71,532 | ||||||
SVB Financial Group1
|
985,900 | 63,433 | ||||||
Greenhill & Co., Inc.
|
1,299,000 | 56,688 | ||||||
National Financial Partners Corp.1,2
|
3,174,800 | 48,067 | ||||||
Cullen/Frost Bankers, Inc.
|
815,000 | 47,425 | ||||||
Financial Engines, Inc.1
|
2,075,000 | 46,397 | ||||||
Banco Cruzeiro do Sul SA, preferred nominative
|
5,458,100 | 40,305 | ||||||
First Republic Bank1
|
1,109,655 | 36,552 | ||||||
Rayonier Inc.
|
815,000 | 35,933 | ||||||
Savills PLC
|
5,942,825 | 35,883 | ||||||
Sterling Financial Corp.1,3
|
1,666,668 | 34,800 | ||||||
Sterling Financial Corp.1
|
24,500 | 512 | ||||||
Manappuram Finance Ltd.2
|
57,992,814 | 34,663 | ||||||
First American Financial Corp.
|
1,980,700 | 32,939 | ||||||
Northwest Bancshares, Inc.
|
2,502,500 | 31,782 | ||||||
PT Agung Podomoro Land Tbk1
|
813,489,000 | 31,137 | ||||||
Robinsons Land Corp.
|
76,825,550 | 29,524 | ||||||
Bolsa Mexicana de Valores, SAB de CV, Series A
|
14,240,000 | 28,750 | ||||||
Capitol Federal Financial, Inc.
|
2,375,000 | 28,167 | ||||||
Colony Financial, Inc.2
|
1,695,000 | 27,764 | ||||||
Banco ABC Brasil SA, preferred nominative
|
3,639,000 | 26,473 | ||||||
Security Bank Corp.
|
7,090,000 | 23,614 | ||||||
IndusInd Bank Ltd.
|
3,700,000 | 23,361 | ||||||
CapitalSource Inc.
|
3,300,000 | 21,780 | ||||||
Dah Sing Financial Holdings Ltd.
|
6,041,250 | 20,927 | ||||||
Starwood Property Trust, Inc.
|
980,000 | 20,600 | ||||||
BOK Financial Corp.
|
365,000 | 20,542 | ||||||
BS Financial Group Inc.
|
1,623,080 | 19,052 | ||||||
Banca Generali SpA
|
1,413,000 | 18,958 | ||||||
TISCO Financial Group PCL
|
14,000,000 | 18,833 | ||||||
DDR Corp.
|
1,225,000 | 17,885 | ||||||
Old Republic International Corp.
|
1,635,000 | 17,249 | ||||||
Paraná Banco SA, preferred nominative
|
2,318,400 | 16,612 | ||||||
IG Group Holdings PLC
|
2,210,700 | 15,912 | ||||||
Sonae Sierra Brasil SA, ordinary nominative
|
1,000,000 | 15,832 | ||||||
Redwood Trust, Inc.
|
1,410,000 | 15,792 | ||||||
Home Loan Servicing Solutions, Ltd.2
|
1,121,600 | 15,635 | ||||||
Popular, Inc.1
|
7,370,000 | 15,109 | ||||||
Bao Viet Holdings
|
4,137,486 | 14,883 | ||||||
Talmer Bancorp, Inc., Class A1,4,5
|
1,791,805 | 14,334 | ||||||
Home Federal Bancorp, Inc.2
|
1,384,249 | 14,022 | ||||||
Hospitality Properties Trust
|
515,000 | 13,632 | ||||||
Mahindra Lifespace Developers Ltd.2
|
2,157,380 | 13,505 | ||||||
First Southern Bancorp, Inc.1,2,4,5
|
1,344,915 | 12,911 | ||||||
Oslo Børs VPS Holding ASA
|
1,002,335 | 11,441 | ||||||
Primerica, Inc.
|
450,000 | 11,345 | ||||||
CenterState Banks, Inc.
|
1,375,400 | 11,223 | ||||||
Canadian Western Bank
|
375,000 | 10,970 | ||||||
VZ Holding AG
|
96,000 | 10,954 | ||||||
ICG Group, Inc.1
|
1,137,000 | 10,176 | ||||||
Noah Holdings Ltd. (ADR)
|
1,260,000 | 10,055 | ||||||
Midland Holdings Ltd.
|
18,890,000 | 9,925 | ||||||
Fibra Uno Administración, SA de CV
|
4,361,700 | 8,588 | ||||||
Siam Future Development PCL
|
31,354,087 | 7,775 | ||||||
Chongqing Rural Commercial Bank Co., Ltd., Class H1
|
15,565,000 | 7,436 | ||||||
ING Vysya Bank Ltd.
|
1,050,000 | 7,319 | ||||||
PT Summarecon Agung Tbk
|
42,142,500 | 7,236 | ||||||
GSW Immobilien AG, non-registered shares1
|
202,333 | 6,993 | ||||||
Laurentian Bank of Canada
|
120,700 | 5,615 | ||||||
Zions Bancorporation
|
235,000 | 5,043 | ||||||
Banco Daycoval SA, preferred nominative
|
900,000 | 4,797 | ||||||
Islamic Arab Insurance Co. (Salama)1,4
|
21,260,331 | 4,544 | ||||||
Oriental Financial Group Inc.
|
354,179 | 4,286 | ||||||
Hellenic Exchanges SA
|
976,082 | 3,879 | ||||||
Globe Trade Center SA1
|
1,618,000 | 3,487 | ||||||
ARA Asset Management Ltd.
|
2,224,200 | 2,707 | ||||||
Frasers Centrepoint Trust
|
1,783,000 | 2,156 | ||||||
Banco Industrial e Comercial SA, preferred nominative
|
328,800 | 1,297 | ||||||
Territorial Bancorp Inc.
|
50,000 | 1,041 | ||||||
1,784,255 | ||||||||
MATERIALS — 6.98%
|
||||||||
African Petroleum Corp. Ltd.1
|
69,088,868 | 121,661 | ||||||
AptarGroup, Inc.
|
1,893,442 | 103,704 | ||||||
Chr. Hansen Holding A/S
|
3,676,000 | 95,136 | ||||||
Kenmare Resources PLC1
|
109,972,782 | 88,215 | ||||||
African Minerals Ltd.1
|
8,638,121 | 76,544 | ||||||
James Hardie Industries SE
|
9,282,744 | 73,847 | ||||||
Schweitzer-Mauduit International, Inc.2
|
1,028,500 | 71,028 | ||||||
FUCHS PETROLUB AG, preference shares
|
580,500 | 32,498 | ||||||
FUCHS PETROLUB AG
|
358,647 | 18,894 | ||||||
Gem Diamonds Ltd.1,2
|
11,061,300 | 48,389 | ||||||
Ube Industries, Ltd.
|
16,703,000 | 45,405 | ||||||
Coal of Africa Ltd.1,2
|
42,725,000 | 42,028 | ||||||
Harry Winston Diamond Corp.1
|
2,141,900 | 31,524 | ||||||
Vicat S.A.
|
471,650 | 31,329 | ||||||
OCI Materials Co., Ltd.
|
455,000 | 27,628 | ||||||
Yingde Gases Group Co. Ltd.
|
22,694,250 | 25,776 | ||||||
PT Indocement Tunggal Prakarsa Tbk
|
10,995,000 | 22,185 | ||||||
Symrise AG
|
757,046 | 21,910 | ||||||
Aquarius Platinum Ltd.
|
8,611,111 | 19,891 | ||||||
Yip’s Chemical Holdings Ltd.
|
26,835,000 | 19,352 | ||||||
Yamana Gold Inc.
|
1,200,000 | 18,720 | ||||||
Croda International PLC
|
554,500 | 18,679 | ||||||
Arkema SA
|
191,000 | 17,798 | ||||||
Cape Lambert Resources Ltd.1
|
31,980,132 | 17,723 | ||||||
Sinofert Holdings Ltd.
|
70,222,000 | 17,091 | ||||||
Sirius Minerals PLC1
|
52,304,735 | 16,732 | ||||||
Talvivaara Mining Co. PLC1
|
4,300,000 | 16,562 | ||||||
Shree Cement Ltd.
|
250,000 | 15,798 | ||||||
Huntsman Corp.
|
1,028,400 | 14,408 | ||||||
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Ltd.
|
40,920,000 | 14,333 | ||||||
Cline Mining Corp.1
|
9,357,800 | 14,166 | ||||||
Mineral Deposits Ltd.1
|
1,039,790 | 6,764 | ||||||
Mineral Deposits Ltd. (CAD denominated)1
|
1,012,800 | 6,448 | ||||||
Siam City Cement PCL
|
1,300,000 | 12,895 | ||||||
Gran Colombia Gold SA1,2
|
30,175,000 | 12,101 | ||||||
United Phosphorus Ltd.
|
4,730,000 | 12,079 | ||||||
Sika AG, non-registered shares
|
5,530 | 11,970 | ||||||
Greatview Aseptic Packaging Co. Ltd.1
|
21,633,000 | 11,366 | ||||||
Eastern Platinum Ltd.1
|
19,121,450 | 7,669 | ||||||
Eastern Platinum Ltd.1,3
|
8,160,000 | 3,272 | ||||||
Mountain Province Diamonds Inc.1,3
|
1,904,762 | 10,045 | ||||||
Titan Cement Co. SA
|
491,500 | 9,079 | ||||||
Duluth Metals Ltd.1
|
3,850,000 | 8,762 | ||||||
J.K. Cement Ltd.
|
2,384,938 | 7,549 | ||||||
AK Steel Holding Corp.
|
905,000 | 6,842 | ||||||
Talison Lithium Ltd.1
|
1,880,000 | 6,804 | ||||||
Afferro Mining Inc.1,2
|
6,460,000 | 6,768 | ||||||
Obtala Resources Ltd.1,2
|
7,975,000 | 4,018 | ||||||
Obtala Resources Ltd.1,2,3
|
4,950,000 | 2,494 | ||||||
Frutarom Industries Ltd.
|
650,000 | 6,331 | ||||||
Allied Gold Mining PLC1
|
3,160,522 | 6,016 | ||||||
PT Indah Kiat Pulp & Paper Tbk1
|
46,614,500 | 5,913 | ||||||
TFS Corporation Ltd
|
8,906,498 | 5,074 | ||||||
China Shanshui Cement Group Ltd.
|
5,450,000 | 4,302 | ||||||
Midas Holdings Ltd.
|
13,467,000 | 4,071 | ||||||
Scotts Miracle-Gro Co., Class A
|
67,290 | 3,644 | ||||||
Hummingbird Resources PLC1
|
1,650,000 | 3,497 | ||||||
Vatukoula Gold Mines PLC1
|
3,214,081 | 3,187 | ||||||
EACOM Timber Corp.1,2,3
|
26,200,000 | 2,889 | ||||||
Engro Corp. Ltd.
|
2,591,160 | 2,838 | ||||||
Birla Corp. Ltd.
|
484,500 | 2,709 | ||||||
Mwana Africa PLC1,3
|
29,857,130 | 2,400 | ||||||
China Forestry Holdings Co., Ltd.4
|
29,142,000 | 1,781 | ||||||
Rusoro Mining Ltd.1,3
|
20,000,000 | 1,404 | ||||||
Rusoro Mining Ltd.1
|
1,437,000 | 101 | ||||||
Sino-Forest Corp.1,4
|
900,000 | 152 | ||||||
Gurit Holding AG, non-registered shares
|
264 | 151 | ||||||
1,402,339 | ||||||||
ENERGY — 6.68%
|
||||||||
Ophir Energy PLC1
|
18,733,200 | 152,067 | ||||||
InterOil Corp.1,2
|
2,626,200 | 135,013 | ||||||
Gulf Keystone Petroleum Ltd.1,3
|
25,856,814 | 108,461 | ||||||
Pacific Rubiales Energy Corp.
|
3,546,300 | 103,603 | ||||||
Concho Resources Inc.1
|
583,000 | 59,513 | ||||||
Oasis Petroleum Inc.1
|
1,848,049 | 56,975 | ||||||
Rosetta Resources Inc.1
|
1,155,000 | 56,318 | ||||||
Zhaikmunai LP (GDR)1,3
|
4,669,500 | 52,252 | ||||||
Zhaikmunai LP (GDR)1
|
353,650 | 3,957 | ||||||
Comstock Resources, Inc.1,2
|
3,078,111 | 48,727 | ||||||
Schoeller-Bleckmann Oilfield Equipment AG
|
479,000 | 44,099 | ||||||
Core Laboratories NV
|
317,100 | 41,721 | ||||||
Borders & Southern Petroleum PLC1,2
|
34,265,000 | 37,406 | ||||||
Kodiak Oil & Gas Corp.1
|
3,500,000 | 34,860 | ||||||
Cimarex Energy Co.
|
421,500 | 31,811 | ||||||
Miclyn Express Offshore Ltd.
|
13,550,000 | 31,440 | ||||||
Heritage Oil Ltd.1
|
11,618,000 | 26,035 | ||||||
Exillon Energy PLC1,2
|
9,619,660 | 26,034 | ||||||
Falkland Oil and Gas Ltd.1,2
|
24,225,000 | 24,993 | ||||||
Kværner ASA1
|
8,316,276 | 23,658 | ||||||
Laredo Petroleum Holdings, Inc.1
|
955,900 | 22,406 | ||||||
BPZ Resources, Inc.1
|
4,562,400 | 18,386 | ||||||
Banpu PCL
|
905,000 | 17,835 | ||||||
Legacy Oil + Gas Inc.1
|
1,878,600 | 17,440 | ||||||
Oceaneering International, Inc.
|
295,000 | 15,898 | ||||||
Americas Petrogas Inc.1
|
3,080,000 | 10,993 | ||||||
Americas Petrogas Inc.1,3,4
|
1,400,000 | 4,647 | ||||||
Bill Barrett Corp.1
|
550,000 | 14,305 | ||||||
Harvest Natural Resources, Inc.1
|
1,713,992 | 12,135 | ||||||
Sterling Resources Ltd.1
|
7,525,000 | 12,071 | ||||||
Gevo, Inc.1
|
1,227,444 | 11,280 | ||||||
Tethys Petroleum Ltd.1
|
12,161,000 | 10,242 | ||||||
Tethys Petroleum Ltd. (GBP denominated)1
|
1,147,487 | 1,005 | ||||||
Bonanza Creek Energy, Inc.1
|
480,000 | 10,488 | ||||||
HollyFrontier Corp.
|
325,000 | 10,449 | ||||||
Goodrich Petroleum Corp.1
|
520,000 | 9,890 | ||||||
BNK Petroleum Inc.1
|
3,763,380 | 6,188 | ||||||
BNK Petroleum Inc.1,3
|
2,000,000 | 3,288 | ||||||
Dockwise Ltd.1
|
441,372 | 9,107 | ||||||
Petrodorado Energy Ltd.1,2
|
38,400,000 | 8,855 | ||||||
Pacific Coal, SA1,2,3
|
17,000,000 | 5,965 | ||||||
Pacific Coal, SA1,2
|
1,280,000 | 449 | ||||||
Aurelian Oil & Gas PLC1
|
17,960,000 | 5,745 | ||||||
Saras SpA1
|
2,360,000 | 3,157 | ||||||
LNG Energy Ltd.1,3
|
13,000,000 | 1,368 | ||||||
Zodiac Exploration Inc.1
|
9,728,000 | 926 | ||||||
1,343,461 | ||||||||
CONSUMER STAPLES — 5.02%
|
||||||||
PT Sumber Alfaria Trijaya Tbk1,2
|
238,268,000 | 130,287 | ||||||
Raia Drogasil SA, ordinary nominative
|
8,424,812 | 81,920 | ||||||
CP ALL PCL
|
25,948,500 | 55,093 | ||||||
PZ Cussons PLC
|
11,445,000 | 54,864 | ||||||
Hypermarcas SA, ordinary nominative
|
6,156,500 | 43,338 | ||||||
Super Group Ltd.2
|
29,500,000 | 42,359 | ||||||
Wumart Stores, Inc., Class H
|
18,815,000 | 41,383 | ||||||
Lindt & Sprüngli AG, participation certificate
|
6,998 | 22,482 | ||||||
Lindt & Sprüngli AG
|
466 | 17,343 | ||||||
Emami Ltd.
|
4,940,000 | 39,199 | ||||||
Brazil Pharma SA, ordinary nominative1
|
6,345,400 | 37,194 | ||||||
Kernel Holding SA1
|
1,523,150 | 33,244 | ||||||
FANCL Corp.
|
2,267,000 | 30,511 | ||||||
Emmi AG
|
136,100 | 29,702 | ||||||
MARR SpA
|
2,499,899 | 28,207 | ||||||
Coca-Cola Icecek AS, Class C
|
2,117,785 | 27,032 | ||||||
Bizim Toptan Satis Magazalari AS
|
1,929,500 | 26,361 | ||||||
USANA Health Sciences, Inc.1
|
667,000 | 24,899 | ||||||
Eurocash SA
|
2,117,000 | 23,835 | ||||||
Davide Campari-Milano SpA
|
3,500,000 | 23,830 | ||||||
Strauss Group Ltd.1
|
1,557,278 | 18,968 | ||||||
AMOREPACIFIC Corp.
|
17,600 | 18,624 | ||||||
Origin Enterprises PLC
|
3,213,300 | 16,071 | ||||||
Viscofan, SA, non-registered shares
|
339,000 | 15,169 | ||||||
Philip Morris CR as
|
22,200 | 13,856 | ||||||
Petra Foods Ltd.
|
6,683,000 | 12,919 | ||||||
Real Nutriceutical Group Ltd.
|
39,400,000 | 12,633 | ||||||
Fresh Market, Inc.1
|
250,900 | 12,031 | ||||||
Ralcorp Holdings, Inc.1
|
157,300 | 11,654 | ||||||
Church & Dwight Co., Inc.
|
200,000 | 9,838 | ||||||
Tilaknager Industries Ltd.2
|
8,890,000 | 9,720 | ||||||
Pesquera Exalmar SA, Class A
|
6,795,305 | 8,409 | ||||||
TreeHouse Foods, Inc.1
|
130,000 | 7,735 | ||||||
HITEJINRO CO., LTD.
|
303,039 | 6,887 | ||||||
Central European Distribution Corp.1
|
1,338,000 | 6,837 | ||||||
Sundrug Co., Ltd.
|
194,900 | 6,028 | ||||||
Godrej Consumer Products Ltd.
|
605,237 | 5,704 | ||||||
Milkiland NV1
|
378,096 | 2,062 | ||||||
1,008,228 | ||||||||
UTILITIES — 1.80%
|
||||||||
ENN Energy Holdings Ltd.2
|
57,213,000 | 197,450 | ||||||
Manila Water Co., Inc.
|
81,300,900 | 43,931 | ||||||
Glow Energy PCL
|
19,930,000 | 39,731 | ||||||
Energy World Corp. Ltd.1
|
39,693,382 | 32,276 | ||||||
Greenko Group PLC1,2
|
7,677,931 | 15,474 | ||||||
Mytrah Energy Ltd.1
|
7,918,000 | 14,564 | ||||||
Equatorial Energia SA, ordinary nominative
|
1,740,000 | 13,059 | ||||||
Hyflux Ltd
|
3,903,000 | 4,642 | ||||||
361,127 | ||||||||
TELECOMMUNICATION SERVICES — 1.19%
|
||||||||
Telephone and Data Systems, Inc.
|
3,039,069 | 70,355 | ||||||
tw telecom inc.1
|
2,645,000 | 58,613 | ||||||
Leap Wireless International, Inc.1
|
3,308,000 | 28,879 | ||||||
MetroPCS Communications, Inc.1
|
2,961,670 | 26,714 | ||||||
Total Access Communication PCL
|
9,964,000 | 26,485 | ||||||
eAccess Ltd.
|
86,275 | 19,231 | ||||||
Hutchison Telecommunications Hong Kong Holdings Ltd.
|
22,200,000 | 9,405 | ||||||
239,682 | ||||||||
MISCELLANEOUS — 4.99%
|
||||||||
Other common stocks in initial period of acquisition
|
1,002,971 | |||||||
Total common stocks (cost: $14,521,207,000)
|
18,589,273 | |||||||
Preferred stocks — 0.08%
|
||||||||
FINANCIALS — 0.08%
|
||||||||
Zions Bancorporation, Series C, 9.50% noncumulative depositary shares
|
631,000 | 16,450 | ||||||
Total preferred stocks (cost: $13,738,000)
|
16,450 | |||||||
Warrants — 0.02%
|
||||||||
INDUSTRIALS — 0.02%
|
||||||||
Goodpack Ltd., warrants, expire 20121,2
|
5,272,000 | 4,446 | ||||||
ENERGY — 0.00%
|
||||||||
Pacific Coal, SA, warrants, expire 20161,2,3
|
8,500,000 | 213 | ||||||
MATERIALS — 0.00%
|
||||||||
Gran Colombia Gold SA, warrants, expire 20151,2
|
1,086,500 | 185 | ||||||
Duluth Exploration Ltd., warrants, expire 20131,4
|
43,753 | 4 | ||||||
189 | ||||||||
INFORMATION TECHNOLOGY — 0.00%
|
||||||||
Kingboard Chemical Holdings Ltd., warrants, expire 20121
|
1,946,120 | 34 | ||||||
Total warrants (cost: $2,398,000)
|
4,882 | |||||||
Shares or
|
Value
|
|||||||
Convertible securities — 0.45%
|
principal amount
|
(000 | ) | |||||
CONSUMER DISCRETIONARY — 0.23%
|
||||||||
Coupons.com Inc., Series B, convertible preferred1,2,4,5
|
8,191,724 | $ | 45,000 | |||||
Spot Runner, Inc., Series C, convertible preferred1,4,5
|
1,626,016 | — | ||||||
45,000 | ||||||||
ENERGY — 0.12%
|
||||||||
Halcón Resources Corp. 8.00% convertible preferred 20181,3,4
|
244 | 20,828 | ||||||
Harvest Natural Resources, Inc. 8.25% convertible notes 2013
|
$ | 3,000,000 | 3,945 | |||||
24,773 | ||||||||
FINANCIALS — 0.07%
|
||||||||
First Southern Bancorp, Inc., Series C, convertible preferred1,2,4,5
|
2,299 | 9,148 | ||||||
National Financial Partners Corp. 4.00% convertible notes 20172
|
$ | 4,000,000 | 5,435 | |||||
14,583 | ||||||||
INFORMATION TECHNOLOGY — 0.03%
|
||||||||
Quantum Corp. 3.50% convertible notes 20152
|
$ | 4,900,000 | 4,961 | |||||
HEALTH CARE — 0.00%
|
||||||||
Savient Pharmaceuticals, Inc. 4.75% convertible notes 20182
|
$ | 820,000 | 344 | |||||
Total convertible securities (cost: $87,979,000)
|
89,661 | |||||||
Principal amount
|
||||||||
Bonds & notes — 0.24%
|
(000 | ) | ||||||
TELECOMMUNICATION SERVICES — 0.17%
|
||||||||
Clearwire Communications and Clearwire Finance, Inc., Series B, 12.00% 20153
|
$ | 22,585 | 22,359 | |||||
Clearwire Communications and Clearwire Finance, Inc., Series A, 12.00% 20153
|
11,200 | 11,088 | ||||||
33,447 | ||||||||
FINANCIALS — 0.08%
|
||||||||
First Niagara Financial Group, Inc. 7.25% 2021
|
11,100 | 11,898 | ||||||
Synovus Financial Corp. 5.125% 2017
|
3,715 | 3,427 | ||||||
15,325 | ||||||||
Total bonds & notes (cost: $41,611,000)
|
48,772 | |||||||
Short-term securities — 6.72%
|
||||||||
Fannie Mae 0.055%–0.20% due 5/2–10/2/2012
|
310,890 | 310,766 | ||||||
U.S. Treasury Bills 0.055%–0.131% due 4/5–8/16/2012
|
280,000 | 279,937 | ||||||
Federal Home Loan Bank 0.085%–0.20% due 4/11–12/20/2012
|
170,164 | 170,109 | ||||||
Freddie Mac 0.07%–0.17% due 6/4/2012–1/9/2013
|
101,225 | 101,144 | ||||||
Hydro-Québec 0.13% due 5/22/20123
|
50,000 | 49,977 | ||||||
Québec (Province of) 0.13% due 5/30/20123
|
21,700 | 21,688 | ||||||
Jupiter Securitization Co., LLC 0.12% due 4/12/20123
|
65,000 | 64,997 | ||||||
Svenska Handelsbanken Inc. 0.28% due 5/17/20123
|
50,000 | 49,986 | ||||||
ANZ National (International) Ltd. 0.32% due 5/21/20123
|
47,000 | 46,979 | ||||||
Old Line Funding, LLC 0.24% due 6/15/20123
|
40,039 | 40,028 | ||||||
Private Export Funding Corp. 0.20% due 7/30/20123
|
35,000 | 34,944 | ||||||
Barclays U.S. Funding Corp. 0.10% due 4/2/2012
|
32,250 | 32,250 | ||||||
Regents of the University of California 0.17% due 6/18/2012
|
30,196 | 30,183 | ||||||
Province of Ontario 0.08% due 4/13/2012
|
25,000 | 24,997 | ||||||
Toyota Motor Credit Corp. 0.19% due 5/15/2012
|
25,000 | 24,994 | ||||||
Standard Chartered Bank 0.45% due 5/17/20123
|
25,000 | 24,988 | ||||||
Toronto-Dominion Holdings USA Inc. 0.17% due 5/14/20123
|
13,200 | 13,198 | ||||||
Paccar Financial Corp. 0.12% due 4/5/2012
|
11,100 | 11,100 | ||||||
NetJets Inc. 0.12% due 5/2/20123
|
10,000 | 9,999 | ||||||
BHP Billiton Finance (USA) Limited 0.15% due 4/23/20123
|
8,600 | 8,598 | ||||||
Total short-term securities (cost: $1,350,899,000)
|
1,350,862 | |||||||
Total investment securities (cost: $16,017,832,000)
|
20,099,900 | |||||||
Other assets less liabilities
|
1,203 | |||||||
Net assets
|
$ | 20,101,103 |
Acquisition
|
Cost
|
Value
|
Percent of
|
||||||||||
date(s)
|
(000 | ) | (000 | ) |
net assets
|
||||||||
|
|||||||||||||
Coupons.com Inc., Series B, convertible preferred
|
6/1/2011
|
$ | 45,000 | $ | 45,000 | .22 | % | ||||||
Angie’s List, Inc.
|
3/15/2011
|
20,000 | 37,173 | .19 | |||||||||
First Southern Bancorp, Inc.
|
12/17/2009
|
28,378 | 12,911 | .06 | |||||||||
First Southern Bancorp, Inc., Series C, convertible preferred
|
12/17/2009
|
2,299 | 9,148 | .05 | |||||||||
Talmer Bancorp, Inc.
|
4/28/2010–2/14/2012
|
11,034 | 14,334 | .07 | |||||||||
Remark Media, Inc.
|
12/17/2007
|
907 | 127 | .00 | |||||||||
Five Star Travel Corp.
|
12/17/2007
|
24 | 26 | .00 | |||||||||
Fontainebleau Resorts LLC, Class A, nonvoting units
|
10/5/2005–6/1/2007
|
21,500 | — | .00 | |||||||||
Spot Runner, Inc.
|
10/25/2006–3/20/2008
|
15,071 | — | .00 | |||||||||
Spot Runner, Inc., Series C, convertible preferred
|
10/25/2006
|
6,000 | — | .00 | |||||||||
Total restricted securities
|
$ | 150,213 | $ | 118,719 | .59 | % |
(a)
|
The Registrant’s Principal Executive Officer and Principal Financial Officer have concluded, based on their evaluation of the Registrant’s disclosure controls and procedures (as such term is defined in Rule 30a-3 under the Investment Company Act of 1940), that such controls and procedures are adequate and reasonably designed to achieve the purposes described in paragraph (c) of such rule.
|
(b)
|
There were no changes in the Registrant’s internal controls over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) that occurred during the Registrant’s second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the Registrant’s internal control over financial reporting.
|
(a)(1)
|
Not applicable for filing of semi-annual reports to shareholders.
|
(a)(2)
|
The certifications required by Rule 30a-2 of the Investment Company Act of 1940 and Sections 302 and 906 of the Sarbanes-Oxley Act of 2002 are attached as exhibits hereto.
|
SMALLCAP WORLD FUND, INC.
|
|
By /s/ Paul F. Roye
|
|
Paul F. Roye, Executive Vice President and
Principal Executive Officer
|
|
Date: May 31, 2012
|
By /s/ Paul F. Roye
|
Paul F. Roye, Executive Vice President and
Principal Executive Officer
|
Date: May 31, 2012
|
By /s/ Jeffrey P. Regal
|
Jeffrey P. Regal, Treasurer and
Principal Financial Officer
|
Date: May 31, 2012
|
SMALLCAP World Fund, Inc.
333 South Hope Street
Los Angeles, California 90071
Phone (213) 486-9200
|
1.
|
I have reviewed this report on Form N-CSR of SMALLCAP World Fund, Inc.;
|
2.
|
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
|
3.
|
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;
|
4.
|
The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in rule 30a-3(c) under the Investment Company Act of 1940) and internal controls over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:
|
a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
|
|
b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
|
|
c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and
|
|
d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
|
|
5.
|
The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's Board of Directors (or persons performing the equivalent functions):
|
a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and
|
|
b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.
|
|
SMALLCAP World Fund, Inc.
333 South Hope Street
Los Angeles, California 90071
Phone (213) 486-9200
|
1.
|
I have reviewed this report on Form N-CSR of SMALLCAP World Fund, Inc.;
|
2.
|
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
|
3.
|
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;
|
4.
|
The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in rule 30a-3(c) under the Investment Company Act of 1940) and internal controls over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:
|
a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
|
|
b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
|
|
c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and
|
|
d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
|
|
5.
|
The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's Board of Directors (or persons performing the equivalent functions):
|
a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and
|
|
b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.
|
|
SMALLCAP World Fund, Inc.
333 South Hope Street
Los Angeles, California 90071
Phone (213) 486-9200
|
1)
|
The Registrant's periodic report on Form N-CSR for the period ended March 31, 2012 (the "Form N-CSR") fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and
|
2)
|
The information contained in the Form N-CSR fairly presents, in all material respects, the financial condition and results of operations of the Registrant.
|
Principal Executive Officer
|
Principal Financial Officer
|
SMALLCAP WORLD FUND, INC.
|
SMALLCAP WORLD FUND, INC.
|
/s/ Paul F. Roye
|
/s/ Jeffrey P. Regal
|
Paul F. Roye, Executive Vice President
|
Jeffrey P. Regal, Treasurer
|
Date: May 31, 2012
|
Date: May 31, 2012
|
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