-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, WDrlZt88iXz58UUVcvXLV7ZwxSH+0d9Qg1VRFqOXanvhcSpHA8OSEIcxFv50jerl SRL+W5+x6WrLqekPrXTq5w== 0000950152-07-007231.txt : 20070829 0000950152-07-007231.hdr.sgml : 20070829 20070829151848 ACCESSION NUMBER: 0000950152-07-007231 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070630 FILED AS OF DATE: 20070829 DATE AS OF CHANGE: 20070829 EFFECTIVENESS DATE: 20070829 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STI CLASSIC FUNDS CENTRAL INDEX KEY: 0000883939 IRS NUMBER: 232678674 STATE OF INCORPORATION: OH FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-06557 FILM NUMBER: 071087407 BUSINESS ADDRESS: STREET 1: 3435 STELZER RD. CITY: COLUMBUS STATE: OH ZIP: 43219 BUSINESS PHONE: 6144708000 MAIL ADDRESS: STREET 1: 3435 STELZER RD. CITY: COLUMBUS STATE: OH ZIP: 43219 0000883939 S000004641 STI Classic Balanced Fund C000012643 A Shares STBLX C000012644 C Shares SCBFX C000012645 I Shares SBATX 0000883939 S000004658 STI Classic Large Cap Growth Stock Fund C000012678 A Shares STCIX C000012679 C Shares STCFX C000012680 I Shares STCAX 0000883939 S000004660 STI Classic Large Cap Core Equity Fund C000012686 A Shares CFVIX C000012687 C Shares CVIBX C000012688 I Shares CRVAX 0000883939 S000004661 STI Classic International Equity Fund C000012689 A Shares SCIIX C000012690 C Shares SIEFX C000012691 I Shares STITX 0000883939 S000004662 STI Classic International Equity Index Fund C000012692 A Shares SIIIX C000012693 C Shares SIIFX C000012694 I Shares SIEIX 0000883939 S000004663 STI Classic Mid-Cap Core Equity Fund C000012695 A Shares SCAIX C000012696 C Shares SCMEX C000012697 I Shares SAGTX 0000883939 S000004664 STI Classic Mid-Cap Value Equity Fund C000012698 A Shares SAMVX C000012699 C Shares SMVFX C000012700 I Shares SMVTX 0000883939 S000004665 STI Classic Small Cap Growth Stock Fund C000012701 A Shares SCGIX C000012702 C Shares SSCFX C000012703 I Shares SSCTX 0000883939 S000004666 STI Classic Small Cap Value Equity Fund C000012704 A Shares SASVX C000012705 C Shares STCEX C000012706 I Shares SCETX 0000883939 S000004667 STI Classic Large Cap Quantitative Equity Fund C000012707 A Shares SQEAX C000012708 C Shares SQELX C000012709 I Shares SQETX 0000883939 S000004668 STI Classic Select Large Cap Growth Stock Fund C000012710 A Shares SXSAX C000012711 C Shares STTFX C000012712 I Shares STTAX 0000883939 S000004669 STI Classic Large Cap Value Equity Fund C000012713 A Shares SVIIX C000012714 C Shares SVIFX C000012715 I Shares STVTX 0000883939 S000004673 STI Classic Aggressive Growth Stock Fund C000012728 A Shares SAGAX C000012729 C Shares SAGLX C000012730 I Shares SCATX 0000883939 S000004674 STI Classic Emerging Growth Stock Fund C000012731 A Shares SCEAX C000012732 C Shares SEGLX C000012733 I Shares SEGTX 0000883939 S000004675 STI Classic U.S. Government Securities Ultra-Short Bond Fund C000012734 I Shares SIGVX 0000883939 S000004676 STI Classic High Quality Bond Fund C000012735 I Shares SHQIX 0000883939 S000004677 STI Classic Ultra-Short Bond Fund C000012736 I Shares SISSX 0000883939 S000004678 STI Classic Total Return Bond Fund C000012737 I Shares STRIX 0000883939 S000004679 STI Classic High Grade Municipal Bond Fund C000012738 A Shares SFLTX C000012739 C Shares SCFEX C000012740 I Shares SCFTX 0000883939 S000004680 STI Classic Georgia Tax-Exempt Bond Fund C000012741 A Shares SGTEX C000012742 C Shares SCGTX C000012743 I Shares SGATX 0000883939 S000004681 STI Classic High Income Fund C000012744 A Shares SAHIX C000012745 C Shares STHIX C000012746 I Shares STHTX 0000883939 S000004692 STI Classic Investment Grade Bond Fund C000012757 A Shares STGIX C000012758 C Shares SCIGX C000012759 I Shares STIGX 0000883939 S000004693 STI Classic Investment Grade Tax-Exempt Bond Fund C000012760 A Shares SISIX C000012761 C Shares SCITX C000012762 I Shares STTBX 0000883939 S000004694 STI Classic Limited-Term Federal Mortgage Securities Fund C000012763 A Shares SLTMX C000012764 C Shares SCLFX C000012765 I Shares SLMTX 0000883939 S000004695 STI Classic Maryland Municipal Bond Fund C000012766 A Shares SMMAX C000012767 C Shares CMDBX C000012768 I Shares CMDTX 0000883939 S000004696 STI Classic North Carolina Tax-Exempt Bond Fund C000012769 A Shares SNCIX C000012770 C Shares SNCLX C000012771 I Shares CNCTX 0000883939 S000004697 STI Classic Short-Term Bond Fund C000012772 A Shares STSBX C000012773 C Shares SCBSX C000012774 I SHares SSBTX 0000883939 S000004698 STI Classic Short-Term U.S. Treasury Securities Fund C000012775 A Shares STSFX C000012776 C Shares SSUSX C000012777 I Shares SUSTX 0000883939 S000004699 STI Classic Strategic Income Fund C000012778 A Shares SAINX C000012779 C Shares STIFX C000012780 I Shares STICX 0000883939 S000004700 STI Classic U.S. Government Securities Fund C000012781 A Shares SCUSX C000012782 C Shares SGUSX C000012783 I Shares SUGTX 0000883939 S000004701 STI Classic Virginia Intermediate Municipal Bond Fund C000012784 A Shares CVIAX C000012785 C Shares SVILX C000012786 I Shares CRVTX 0000883939 S000004723 STI Total Return Bond Fund C000012868 A Shares CBPSX C000012869 C Shares SCBLX C000012870 I Shares SAMFX 0000883939 S000004724 STI Classic Intermediate Bond Fund C000012871 A Shares IBASX C000012872 C Shares IBLSX C000012873 I Shares SAMIX 0000883939 S000004725 STI Classic Limited Duration Fund C000012874 I Shares SAMLX 0000883939 S000004726 STI Classic Prime Quality Money Market Fund C000012875 A Shares SQIXX C000012876 C Shares SQFXX C000012877 I Shares SQTXX 0000883939 S000004727 STI Classic Tax-Exempt Money Market Fund C000012878 A Shares SEIXX C000012879 I Shares STTXX 0000883939 S000004728 STI Classic U.S. Government Securities Money Market Fund C000012880 A Shares SUIXX C000012881 I Shares STUXX 0000883939 S000004729 STI Classic U.S. Treasury Money Market Fund C000012882 A Shares SATXX C000012883 I Shares CUSXX 0000883939 S000004730 STI Classic Virginia Tax-Free Money Market Fund C000012884 A Shares CIAXX C000012885 I Shares CFMXX 0000883939 S000004731 STI Classic Institutional Cash Management Money Market Fund C000012886 Institutional Shares CICXX 0000883939 S000004732 STI Classic Institutional U.S. Government Securities Money Market Fund C000012887 Institutional Shares CRGXX 0000883939 S000004733 STI Classic Institutional U.S. Treasury Securities Money Market Fund C000012888 Corporate Trust Shares C000012889 Institutional Shares CIUXX 0000883939 S000004734 STI Classic Institutional Municipal Cash Reserve Money Market Fund C000012890 Institutional Shares CMRXX 0000883939 S000004735 STI Classic Life Vision Aggressive Growth Fund C000012891 A Shares SLAAX C000012892 B Shares SLABX C000012893 I Shares CVMGX C000012894 C Shares CLVLX 0000883939 S000004736 STI Classic Life Vision Conservative Fund C000012895 A Shares SVCAX C000012896 B Shares SCCBX C000012897 I Shares SCCTX C000012898 C Shares SCCLX 0000883939 S000004737 STI Classic Life Vision Growth and Income Fund C000012899 A Shares SGIAX C000012900 B Shares SGIBX C000012901 I Shares CLVGX C000012902 C Shares SGILX 0000883939 S000004738 STI Classic Life Vision Moderate Growth Fund C000012903 A Shares SVMAX C000012904 B Shares SVGBX C000012905 I Shares CLVBX C000012906 C Shares SVGLX 0000883939 S000004739 STI Classic Life Vision Target Date 2015 Fund C000012907 A Shares LVFAX C000012908 C Shares LVFCX C000012909 I Shares LVFIX 0000883939 S000004740 STI Classic Life Vision Target Date 2025 Fund C000012910 A Shares LVTAX C000012911 C Shares LVTCX C000012912 I Shares LVTIX 0000883939 S000004741 STI Classic Life Vision Target Date 2035 Fund C000012913 A Shares LVRAX C000012914 C Shares LVRCX C000012915 I Shares LVRIX 0000883939 S000004750 Seix High Yield Fund C000012926 A Shares HYPSX C000012927 C Shares HYLSX C000012928 I Shares SAMHX 0000883939 S000011297 Seix Floating Rate High Income Fund C000031119 A Shares SFRAX C000031120 C Shares C000031121 I Shares SAMBX 0000883939 S000011298 STI Classic Small Cap Quantitative Equity Fund C000031122 A Shares SCQAX C000031123 C Shares SCQEX C000031124 I Shares SCQIX N-Q 1 l27550anvq.htm STI CLASSIC FUNDS N-Q STI Classic Funds N-Q
 

 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number 811-06557
STI Classic Funds
(Exact name of registrant as specified in charter)
     
3435 Stelzer Rd. Columbus, Ohio   43219
 
(Address of principal executive offices)   (Zip code)
Citi Fund Services, 3435 Stelzer Road Columbus, Ohio 43219
(Name and address of agent for service)
Registrant’s telephone number, including area code: 614-470-8000
Date of fiscal year end: 03/31
Date of reporting period: 06/30/07
Item 1. Schedule of Investments.
 
 

 

 

STI CLASSIC EQUITY FUNDS
Aggressive Growth Stock Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares     Value  
Common Stocks (100.0%)
                
Consumer Discretionary (23.8%)
                
Best Buy Co., Inc.
     131,400     $ 6,132  
Blue Nile, Inc. *
     168,300       10,165  
Coach, Inc. *
     175,400       8,312  
eBay, Inc. *
     372,700       11,993  
Life Time Fitness, Inc. * (c)
     92,000       4,897  
Monster Worldwide, Inc. *
     186,900       7,682  
Nordstrom, Inc. (c)
     119,400       6,104  
Nutri/System, Inc. *
     81,400       5,685  
Starbucks Corp. *
     397,700       10,436  
Urban Outfitters, Inc. * (c)
     134,300       3,227  
VistaPrint Ltd. *
     9,100       348  
Walt Disney Co. (The)
     224,300       7,658  
 
              
 
             82,639  
 
              
 
                
Consumer Staples (1.5%)
                
Archer-Daniels-Midland Co.
     160,400       5,308  
 
              
Financials (11.6%)
                
BlackRock, Inc., Cl A
     65,300       10,225  
CB Richard Ellis Group, Inc., Cl A *
     124,500       4,544  
Euronet Worldwide, Inc. *
     224,300       6,541  
Huron Consulting Group, Inc. *
     108,200       7,900  
Legg Mason, Inc.
     46,800       4,604  
Portfolio Recovery Associates, Inc.
     106,700       6,404  
 
              
 
             40,218  
 
              
 
                
Health Care (19.1%)
                
Alcon, Inc.
     26,300       3,548  
Allscripts Healthcare Solutions, Inc. *(c)
     81,400       2,074  
Celgene Corp. * (c)
     62,900       3,606  
Covance, Inc. *
     59,600       4,086  
Edwards Lifesciences Corp. *
     37,500       1,850  
Genentech, Inc. *
     151,500       11,462  
Gilead Sciences, Inc. * (c)
     325,300       12,613  
Hologic, Inc. * (c)
     46,400       2,566  
IDEXX Laboratories, Inc. *
     43,500       4,116  
Kyphon, Inc. * (c)
     90,000       4,334  
Psychiatric Solutions, Inc. * (c)
     285,100       10,338  
Varian Medical Systems, Inc. *
     79,600       3,384  
VCA Antech, Inc. *
     55,700       2,099  
 
              
 
             66,076  
 
              
 
                
Industrials (3.2%)
                
First Solar, Inc. * (c)
     126,200       11,268  
 
              
 
                
Information Technology (33.0%)
                
Adobe Systems, Inc. *
     80,200       3,220  
Akamai Technologies, Inc. * (c)
     173,400       8,434  
Apple, Inc. *
     144,500       17,636  
aQuantive, Inc. * (c)
     49,800       3,177  
Atheros Communications *
     87,600       2,702  
Cognizant Technology Solutions Corp., Cl A *
     227,600       17,090  

 

                 
    Shares     Value  
Equinix, Inc. *
     9,600       878  
F5 Networks, Inc. * (c)
     55,900       4,506  
Google, Inc., Cl A *
     28,400       14,864  
Paychex, Inc. (c)
     182,900       7,155  
QUALCOMM, Inc.
     245,700       10,661  
Riverbed Technology, Inc. * (c)
     79,300       3,475  
SunPower Corp., Cl A * (c)
     181,500       11,444  
Yahoo!, Inc. * (c)
     334,700       9,080  
 
              
 
             114,322  
 
              
 
                
Telecommunication Services (7.8%)
                
American Tower Corp., Cl A *
     90,400       3,797  
NII Holdings, Inc. * (c)
     209,200       16,891  
Time Warner Telecom, Inc., Cl A *
     313,700       6,305  
 
              
 
             26,993  
 
              
Total Common Stocks (Cost $275,054)
             346,824  
 
              
 
                
Short-Term Investment (15.1%)
                
Credit Suisse Enhanced Liquidity Fund (b)
     52,263,840       52,264  
 
              
Total Short-Term Investment (Cost $52,264)
             52,264  
 
              
 
                
Total Investments (Cost $327,318) (a) - 115.1%
             399,088  
Liabilities in excess of other assets - (15.1)%
             (52,281 )
 
              
Net Assets – 100.0%
           $ 346,807  
 
              
 
*   Non-income producing security.
 
(a)   Cost for federal income tax purposes is $328,616 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ 78,746  
Unrealized Depreciation
     (8,274 )
 
      
Unrealized Appreciation (Depreciation)
   $ 70,472  
 
      
(b)   This security was purchased with cash collateral held from securities lending.
(c)   This security or a partial position of the security was on loan at June 30, 2007. The total value of securities on loan at June 30, 2007 in thousands was $50,473.
Cl – Class
See Notes to Schedules of Portfolio Investments.

 

STI CLASSIC EQUITY FUNDS
Emerging Growth Stock Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares     Value  
Common Stocks (99.0%)
                
Consumer Discretionary (14.3%)
                
Blue Nile, Inc. *
     60,500     $ 3,654  
Life Time Fitness, Inc. * (b)
     25,400       1,352  
Monster Worldwide, Inc. *
     67,800       2,787  
Nordstrom, Inc. (b)
     66,700       3,410  
Polo Ralph Lauren Corp.
     36,900       3,620  
Steiner Leisure Ltd. *
     24,700       1,213  
True Religion Apparel, Inc. * (b)
     36,100       734  
VistaPrint Ltd. * (b)
     53,600       2,050  
 
              
 
             18,820  
 
              
 
                
Consumer Staples (4.1%)
                
Bare Escentuals, Inc. *
     90,300       3,084  
Inter Parfums, Inc.
     50,100       1,334  
Jones Soda Co. * (b)
     66,200       928  
 
              
 
             5,346  
 
              
 
                
Financials (19.3%)
                
BlackRock, Inc., Cl A
     27,200       4,259  
CB Richard Ellis Group, Inc., Cl A *
     96,000       3,504  
eHealth, Inc. * (b)
     156,300       2,984  
Euronet Worldwide, Inc. *
     140,600       4,100  
Greenhill & Co., Inc.
     18,500       1,271  
Huron Consulting Group, Inc. *
     82,400       6,016  
Portfolio Recovery Associates, Inc.
     54,700       3,283  
 
              
 
             25,417  
 
              
 
                
Health Care (16.8%)
                
Amylin Pharmaceuticals, Inc. * (b)
     30,200       1,243  
HMS Holdings Corp. *
     121,800       2,331  
Hologic, Inc. * (b)
     42,900       2,373  
IDEXX Laboratories, Inc. *
     17,800       1,684  
Intuitive Surgical, Inc. *
     10,700       1,485  
Kyphon, Inc. * (b)
     66,800       3,216  
Medivation, Inc. * (b)
     32,300       660  
Myriad Genetics, Inc. * (b)
     32,000       1,190  
Psychiatric Solutions, Inc. * (b)
     127,800       4,634  
United Therapeutics Corp. * (b)
     9,600       612  
Varian Medical Systems, Inc. *
     48,200       2,049  
Vertex Pharmaceuticals, Inc. *
     23,200       663  
 
              
 
             22,140  
 
              
 
                
Industrials (6.9%)
                
First Solar, Inc. * (b)
     67,900       6,062  
Fuel Tech, Inc. *
     62,800       2,151  
Taleo Corp., Cl A *
     38,600       870  
 
              
 
             9,083  
 
              
 
                
Information Technology (28.0%)
                
Akamai Technologies, Inc. *
     68,300       3,322  
Atheros Communications *
     65,600       2,023  
Cognizant Technology Solutions Corp., Cl A *
     64,900       4,873  
DealerTrack Holdings, Inc. *
     35,700       1,315  
Equinix, Inc. * (b)
     21,300       1,948  

 

 

                 
    Shares     Value  
F5 Networks, Inc. *
     31,000       2,499  
LoopNet, Inc. *
     62,600       1,460  
Marchex, Inc., Cl B (b)
     90,000       1,469  
Omniture, Inc. * (b)
     68,700       1,575  
Riverbed Technology, Inc. * (b)
     63,700       2,791  
Starent Networks Corp. * (b)
     191,200       2,811  
SunPower Corp., Cl A * (b)
     74,200       4,678  
Unica Corp. * (b)
     37,500       619  
ValueClick, Inc. *
     52,500       1,547  
ViaSat, Inc. *
     81,800       2,626  
Visual Sciences, Inc. * (b)
     91,100       1,409  
 
              
 
             36,965  
 
              
 
                
Telecommunication Services (9.6%)
                
Cbeyond, Inc. * (b)
     52,700       2,029  
Crown Castle International Corp. *
     70,200       2,546  
NII Holdings, Inc. *
     64,400       5,201  
Time Warner Telecom, Inc., Cl A *
     142,200       2,858  
 
              
 
             12,634  
 
              
 
                
Total Common Stocks (Cost $105,780)
             130,405  
 
              
 
                
Short-Term Investment (18.0%)
                
Credit Suisse Enhanced Liquidity Fund (c)
     23,658,825       23,659  
 
              
 
                
Total Short-Term Investment (Cost $23,659)
             23,659  
 
              
 
                
Money Market Fund (1.7%)
                
STI Classic Institutional Cash
     2,231,832       2,232  
 
              
Management Money Market Fund (d)
                
Total Money Market Fund (Cost $2,232)
             2,232  
 
              
 
                
Total Investments (Cost $131,671) (a) — 118.7%
             156,296  
Liabilities in excess of other assets — (18.7)%
             (24,531 )
 
              
Net Assets — 100.0%
           $ 131,765  
 
              
 
*   Non-income producing security.
 
(a)   Cost for federal income tax purposes is $131,963 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ 27,057  
Unrealized Depreciation
     (2,724 )
 
      
Unrealized Appreciation (Depreciation)
   $ 24,333  
 
      
(b)   This security or a partial position of the security was on loan at June 30, 2007. The total value of securities on loan at June 30, 2007 in thousands was $ 22,921.
(c)   This security was purchased with cash collateral held from securities lending.
 
(d)   Affiliate investment.
Cl – Class
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC EQUITY FUNDS
International Equity Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares        
    or        
    Principal        
    Amount     Value  
Foreign Common Stocks (96.8%)
                
Australia (4.8%)
                
Australia & New Zealand Banking
     239,021     $ 5,873  
Group Ltd.
                
Babcock & Brown Ltd.
     300,414       8,169  
BlueScope Steel Ltd.
     467,790       4,100  
Challenger Financial Services Group Ltd.
     880,474       4,351  
Coca-Cola Amatil Ltd.
     495,585       4,007  
Downer EDI Ltd.
     524,697       3,273  
Macquarie Airports
     936,777       3,208  
Macquarie Bank Ltd. (b)
     68,357       4,925  
Macquarie Infrastructure Group
     1,342,434       4,096  
Pacific Brands Ltd.
     1,384,067       4,047  
Qantas Airways Ltd. (b)
     1,087,977       5,164  
QBE Insurance Group Ltd. (b)
     233,201       6,167  
Sims Group Ltd.
     125,899       2,828  
 
              
 
             60,208  
 
              
 
                
Belgium (0.6%)
                
Delhaize Group (b)
     82,456       8,129  
 
              
China (0.5%)
                
China Shipping Development Co. Ltd.
     2,524,406       5,837  
 
              
Finland (1.2%)
                
Nokia Corp., Cl A
     542,232       15,271  
 
              
France (10.0%)
                
Air France-KLM
     142,752       6,682  
BNP Paribas (b)
     105,398       12,604  
Bouygues SA
     62,063       5,223  
Capgemini SA
     95,833       7,051  
Compagnie de Saint-Gobain (b)
     64,107       7,233  
Credit Agricole SA
     104,525       4,271  
Esso Ste. Anonyme Francaise (b)
     7,276       2,257  
France Telecom SA
     261,715       7,225  
Lafarge SA (b)
     61,976       11,356  
Publicis Groupe. (b)
     147,357       6,511  
SCOR SE (b)
     141,102       3,846  
Societe Generale
     33,118       6,164  
SUEZ SA
     166,486       9,573  
Total SA
     190,316       15,521  
VINCI SA
     146,112       10,970  
Vivendi Universal SA
     227,124       9,808  
 
              
 
             126,295  
 
              
 
                
Germany (9.7%)
                
Allianz SE
     68,895       16,093  
BASF AG (b)
     99,894       13,093  
Continental AG (b)
     32,670       4,597  
Deutsche Bank AG
     100,399       14,565  
Deutsche Lufthansa AG (b)
     216,487       6,047  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Deutsche Telekom AG
     112,336       2,074  
E.ON AG (b)
     98,284       16,438  
Henkel KGaA (b)
     158,535       8,374  
MAN AG (b)
     96,328       13,805  
Muenchener
     52,930       9,720  
Rueckversicherungs-Gesellschaft AG (b)
                
Stada Arzneimittel AG (b)
     112,509       7,188  
ThyssenKrupp AG
     176,784       10,491  
 
              
 
             122,485  
 
              
 
                
Greece (0.2%)
                
Hellenic Petroleum SA
     178,497       2,879  
 
              
Hong Kong (2.8%)
                
Agile Property Holdings Ltd.
     2,051,182       2,686  
Cheung Kong Holdings Ltd.
     280,756       3,677  
China Coal Energy Co. *
     3,479,155       5,215  
CLP Holdings Ltd.
     354,569       2,378  
Go-Ahead Group PLC (The)
     106,404       5,597  
Guoco Group Ltd.
     165,907       2,328  
Huaneng Power International, Inc.
     1,561       2  
Industrial & Commercial Bank of China Ltd.
     1,110,215       2,360  
NWS Holdings Ltd.
     873,570       2,179  
Orient Overseas International Ltd.
     381,527       3,728  
Pacific Basin Shipping Ltd.
     4,947,085       5,568  
 
              
 
             35,718  
 
              
 
                
Ireland (2.3%)
                
Allied Irish Banks PLC
     280,836       7,681  
Anglo Irish Bank Corp. PLC
     271,466       5,584  
Bank of Ireland
     282,473       5,711  
CRH PLC
     192,905       9,563  
 
              
 
             28,539  
 
              
 
                
Italy (3.3%)
                
Enel SpA (b)
     924,857       9,982  
Eni SpA (b)
     325,153       11,836  
Intesa Sanpaolo
     300,777       2,113  
Mediaset SpA (b)
     711,288       7,369  
UniCredito Italiano SpA
     1,129,005       10,130  
 
              
 
             41,430  
 
              
 
                
Japan (19.7%)
                
ARCS Co. Ltd.
     42,037       666  
Astellas Pharma, Inc.
     52,216       2,273  
Canon, Inc.
     122,533       7,196  
Daicel Chemical Industries Ltd.
     1,213,288       7,914  
Daiichi Sankyo Co. Ltd.
     196,600       5,222  
Denki Kagaku Kogyo Kabushiki Kaisha
     816,067       3,679  
East Japan Railway Co.
     1,246       9,615  
Futaba Industrial Co. Ltd.
     99,409       2,406  
Honda Motor Co. Ltd.
     131,022       4,789  
ITOCHU Corp.
     807,531       9,367  
Joint Corp.
     78,500       2,468  
KDDI Corp.
     839       6,222  
Komatsu Ltd. (b)
     289,004       8,404  
Makino Milling Machine Co. Ltd.
     291,933       4,174  
Makita Corp. (b)
     85,110       3,789  
Matsushita Electric Industrial Co. Ltd.
     125,411       2,491  
Mitsubishi Corp.
     109,023       2,860  
Mitsubishi Estate Co. Ltd.
     65,411       1,780  
Mitsubishi UFJ Financial Group, Inc. (b)
     291       3,215  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Mitsui & Co. Ltd.
     514,701       10,264  
Mitsui Fudosan Co. Ltd.
     84,000       2,361  
Mitsui O.S.K. Lines Ltd. (b)
     237,800       3,234  
Mizuho Financial Group, Inc.
     832       5,765  
Nihon Parkerizing Co. Ltd.
     166,084       2,593  
Nintendo Co. Ltd.
     7,600       2,784  
Nippon Chemi-Con Corp.
     550,798       4,680  
Nippon Telegraph & Telephone Corp.
     1,516       6,736  
Nippon Yusen Kabushiki Kaisha
     739,043       6,790  
Nomura Holdings, Inc.
     155,331       3,028  
NSK Ltd.
     716,799       7,429  
Okinawa Electric Power Co., Inc.
     87,035       5,104  
(The)
                
ORIX Corp.
     53,679       14,148  
Resona Holdings, Inc. (b)
     487       1,167  
Ricoh Co. Ltd.
     382,282       8,850  
SAN-A Co. Ltd.
     35,600       1,053  
Sumitomo Corp.
     759,441       13,880  
Sumitomo Metal Industries Ltd.
     1,435,754       8,467  
Sumitomo Mitsui Financial Group, Inc.
     590       5,511  
Taiheiyo Cement Corp. (b)
     590,951       2,621  
Takeda Pharmaceutical Co. Ltd.
     52,648       3,404  
Toyota Motor Corp.
     393,494       24,930  
Urban Corp.
     167,100       3,047  
Yamaha Motor Co. Ltd.
     275,656       8,016  
Yamatake Corp.
     129,982       3,970  
 
              
 
             248,362  
 
              
 
                
Luxemburg (0.1%)
                
Orco Property Group (b)
     7,605       1,207  
 
              
Netherlands (4.5%)
                
ABN AMRO Holding NV
     260,055       11,982  
Aegon NV
     303,289       6,009  
Akzo Nobel NV
     36,319       3,144  
ASML Holding NV *
     86,389       2,397  
Heineken NV
     90,015       5,298  
ING Groep NV
     224,616       9,967  
Koninklijke DSM NV (b)
     67,220       3,325  
Koninklijke KPN NV
     568,203       9,474  
Vedior NV
     168,318       5,059  
 
              
 
             56,655  
 
              
 
                
New Zealand (1.0%)
                
Air New Zealand Ltd.
     1,194,500       2,430  
Fletcher Building Ltd. (b)
     1,017,304       9,683  
 
              
 
             12,113  
 
              
 
                
Norway (1.5%)
                
Orkla ASA
     652,557       12,399  
Telenor ASA
     352,990       6,932  
 
              
 
             19,331  
 
              
 
                
Portugal (0.1%)
                
Energias de Portugal SA
     280,498       1,553  
 
              
Singapore (1.1%)
                
DBS Group Holdings Ltd.
     151,557       2,258  
Singapore Airlines Ltd.
     211,000       2,592  
United Overseas Bank Ltd.
     420,806       6,049  
Wing Tai Holdings Ltd.
     1,109,307       2,885  
 
              
 
             13,784  
 
              
 
                
South Korea (0.2%)
                
POSCO
     5,328       2,559  
 
              

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Spain (3.2%)
                
Banco Bilbao Vizcaya Argentaria SA (b)
     435,151       10,718  
Banco Santander Central Hispano SA (b)
     752,503       13,940  
Endesa SA (b)
     72,985       3,972  
Repsol YPF SA (b)
     168,853       6,684  
Telefonica SA
     200,258       4,483  
 
              
 
             39,797  
 
              
 
                
Sweden (2.9%)
                
Alfa Laval AB
     106,752       6,480  
H&M Hennes & Mauritz AB
     159,785       9,501  
Sandvik AB
     380,369       7,733  
Sandvik AB, Redemption Shares * (b)
     140,000       61  
Swedish Match AB
     166,222       3,221  
Telefonaktiebolaget LM Ericsson
     2,345,213       9,419  
 
              
 
             36,415  
 
              
 
                
Switzerland (6.4%)
               
Credit Suisse Group
     192,226       13,750  
Nestle SA
     48,294       18,428  
Novartis AG
     133,361       7,535  
Roche Holding Ltd.
     82,320       14,655  
Swiss Re (b)
     84,507       7,743  
Xstrata PLC
     148,640       8,915  
Zurich Financial Services
     31,842       9,889  
 
              
 
             80,915  
 
              
 
                
United Kingdom (20.7%)
               
Allied Irish Banks PLC
     8,248       227  
Anglo American PLC
     263,565       15,585  
Anglo Irish Bank Corp. PLC
     8,087       165  
AstraZeneca PLC
     259,956       14,004  
Aviva PLC
     675,285       10,081  
Barclays PLC
     1,035,986       14,478  
BP PLC
     1,199,468       14,523  
BT Group PLC
     1,841,351       12,293  
Centrica PLC
     1,315,991       10,266  
CRH PLC
     5,593       277  
De La Rue PLC
     428,605       6,704  
GlaxoSmithKline PLC
     541,707       14,194  
HBOS PLC
     619,139       12,252  
Home Retail Group PLC
     746,782       6,883  
Imperial Tobacco Group PLC
     89,916       4,165  
International Power PLC
     513,423       4,428  
J Sainsbury PLC
     635,476       7,458  
National Express Group PLC
     293,021       6,290  
Next PLC
     144,830       5,842  
Royal & Sun Alliance Insurance Group PLC
     2,395,464       6,998  
Royal Bank of Scotland Group PLC
     1,502,718       19,100  
(The)
                
Royal Dutch Shell PLC, Cl A
     551,687       22,532  
Royal Dutch Shell PLC, Cl B
     302,157       12,638  
Scottish & Newcastle PLC
     223,163       2,870  
Tesco PLC
     352,897       2,965  
Unilever PLC
     295,688       9,589  
Vodafone Group PLC
     5,215,253       17,572  
WPP Group PLC
     436,389       6,559  
 
              
 
             260,938  
 
              
Total Foreign Common Stocks (Cost $923,462)
             1,220,420  
 
              

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Foreign Preferred Stocks (1.2%)
                
Germany (1.2%)
                
Fresenius AG, 1.510%
     92,652       7,062  
ProSiebenSat.1 Media AG, 0.840% (b)
     189,440       7,455  
 
              
 
                
Total Foreign Preferred Stocks (Cost $10,590)
             14,517  
 
              
 
                
Exchange Traded Funds (0.9%)
                
iShares MSCI EAFE Index Fund
     69,238       5,592  
iShares MSCI Emerging Markets Index Fund
     42,527       5,599  
 
              
Total Exchange Traded Funds (Cost $11,162)
             11,191  
 
              
 
                
Short-Term Investments (13.9%)
                
Brown Brothers Harriman & Co.,
   $ 3,595       3,595  
Cayman Islands Cash Sweep
                
Credit Suisse Enhanced Liquidity Fund (c)
     171,896,944       171,897  
 
              
Total Short-Term Investments (Cost $175,492)
             175,492  
 
              
 
                
Total Investments (Cost $1,120,706) (a) – 112.8%
             1,421,620  
Liabilities in excess of other assets – (12.8)%
             (161,083 )
 
              
Net Assets – 100.0%
           $ 1,260,537  
 
              
 
*   Non-income producing security.
 
(a)   Cost for federal income tax purposes is $1,126,866 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ 304,948  
Unrealized Depreciation
     (10,194 )
 
      
Unrealized Appreciation (Depreciation)
   $ 294,754  
 
      
(b)   This security or a partial position of the security was on loan at June 30, 2007. The total value of securities on loan at June 30, 2007 in thousands was $165,441.
(c)   This security was purchased with cash collateral held from securities lending.
Cl — Class
PLC – Public Limited Company
At June 30, 2007 the Fund’s foreign currency exchange contracts were as follows (amounts in thousands):
                                         
            Contract
Amount		     Contract             Unrealized
    Delivery   in Local   Value in U.S   Market   Appreciation
Currency   Date   Currency   Dollars ($)   Value ($)   (Depreciation) ($)
Short:
                                        
Australian Dollar
     7/2/07       3,471       2,900       2,942       (42 )
Euro
     7/2/07       513       690       695       (5 )
Norwegian Krone
     7/2/07       16,011       2,700       2,716       (16 )
Swedish Krona
     7/2/07       6,890       1,000       1,008       (8 )
 
                                        
Total Short Contracts
                     7,290       7,361       (71 )
 
                                        
See Notes to Schedules of Portfolio Investments.

 

 

The investment concentrations for the International Equity Fund as a percentage of net assets, by industry, as of June 30, 2007, were as follows (unaudited):
         
Consumer Discretionary
     9.2 %
Consumer Staples
     6.0  
Energy
     7.7  
Financials
     27.1  
Health Care
     6.0  
Industrials
     15.7  
Information Technology
     4.6  
Materials
     9.3  
Short — Term Investments
     14.8  
Telecommunication Services
     6.2  
Transportation & Services
     1.2  
Utilities
     5.0  

 

 

STI CLASSIC EQUITY FUNDS
International Equity Index Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares        
    or        
    Principal        
    Amount     Value  
Common Stock (0.0%)
                
United States (0.0%)
                
Ship Finance International Ltd.
     100     $ 3  
 
              
Total Common Stock (Cost $2)
             3  
 
              
 
                
Foreign Common Stocks (97.6%)
                
Australia (3.9%)
                
AGL Energy Ltd.
     26,548       341  
Alinta Ltd.
     30,228       390  
Alumina Ltd.
     69,130       456  
Amcor Ltd.
     55,183       349  
AMP Ltd.
     110,790       950  
Aristocrat Leisure Ltd. (b)
     21,480       262  
Asciano Group * (b)
     27,549       237  
Australia & New Zealand Banking Group Ltd.
     89,182       2,191  
AXA Asia Pacific Holdings Ltd.
     53,373       336  
BHP Billiton Ltd.
     183,500       5,449  
BlueScope Steel Ltd.
     44,489       390  
Boral Ltd.
     36,417       271  
Brambles Ltd. * (b)
     93,999       970  
Centro Properties Group
     51,749       373  
Coca-Cola Amatil Ltd.
     32,204       260  
Coles Myer Ltd.
     69,510       950  
Commonwealth Bank of Australia
     61,251       2,868  
Computershare Ltd.
     31,194       299  
CSL Ltd.
     11,257       840  
CSR Ltd.
     53,772       159  
Fairfax Media Ltd. (b)
     73,058       291  
Foster’s Group Ltd.
     124,196       672  
GPT Group
     125,010       494  
Insurance Australia Group Ltd.
     104,249       504  
Lend Lease Corp. Ltd.
     22,053       347  
Lion Nathan Ltd.
     17,992       141  
Macquarie Bank Ltd. (b)
     15,550       1,120  
Macquarie Goodman Group
     86,945       495  
Macquarie Infrastructure Group
     157,769       481  
Mirvac Group Ltd.
     61,701       298  
National Australia Bank Ltd.
     77,321       2,688  
Newcrest Mining Ltd.
     20,494       397  
Orica Ltd.
     19,044       481  
Origin Energy Ltd.
     53,228       448  
Perpetual Ltd. (b)
     2,270       151  
QBE Insurance Group Ltd. (b)
     39,627       1,048  
Rinker Group Ltd.
     11,986       191  
Rio Tinto Group Ltd. (b)
     14,913       1,249  
Santos Ltd. (b)
     36,644       433  
Sonic Healthcare Ltd.
     17,439       223  
Stockland Trust Group
     87,820       607  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Suncorp-Metway Ltd.
     52,406       896  
Sydney Roads Group (b)
     52,589       63  
TABCORP Holdings Ltd. (b)
     32,143       467  
Telstra Corp. Ltd. (b)
     151,770       590  
Toll Holdings Ltd. (b)
     32,923       404  
Transurban Group (b)
     61,523       418  
Wesfarmers Ltd.
     23,209       900  
Westfield Group
     98,441       1,665  
Westpac Banking Corp.
     88,946       1,935  
Woodside Petroleum Ltd.
     28,576       1,108  
Woolworths Ltd.
     61,695       1,412  
WorleyParsons Ltd.
     9,064       261  
Zinifex Ltd.
     29,815       476  
 
              
 
             41,695  
 
              
 
                
Austria (1.6%)
                
BETandWIN.com Interactive
     6,094       204  
Entertainment AG * (b)
                
BOHLER-UDDEHOLM AG (b)
     2,521       252  
Erste Bank der oesterreichischen
     32,053       2,506  
Sparkassen AG
                
Flughafen Wien AG
     2,453       243  
Immofinanz Immobilien Anlagen AG *
     104,552       1,530  
Meinl European Land Ltd. *
     70,088       2,010  
Oesterreichische Elektrizitaeswirtschafts AG
     16,456       844  
OMV AG
     33,863       2,268  
Raiffeisen International Bank-Holding AG (b)
     7,037       1,121  
RHI AG *
     6,010       329  
Telekom Austria AG
     69,825       1,748  
Voest-Alpine AG (b)
     22,505       1,904  
Wiener Staedtische Allgemeine
     7,359       526  
Versicherung AG
                
Wienerberger AG
     14,090       1,043  
 
              
 
             16,528  
 
              
 
                
Belgium (1.9%)
                
Agfa-Gevaert NV
     19,361       502  
Barco NV
     1,696       158  
Belgacom (b)
     17,982       799  
Delhaize Group (b)
     9,940       980  
Dexia Group
     53,974       1,695  
Fortis
     139,668       5,956  
Groep Colruyt
     2,498       524  
Groupe Bruxelles Lambert SA
     10,551       1,318  
InBev
     21,704       1,728  
KBC Bank & Insurance Holding Co. NV
     20,688       2,800  
Mobistar SA (b)
     4,754       407  
NV Bekaert SA (b)
     1,916       282  
NV Umicore SA
     3,712       810  
Omega Pharma NV
     2,854       248  
Solvay SA
     7,178       1,135  
UCB SA
     15,383       913  
 
              
 
             20,255  
 
              
 
                
Denmark (1.4%)
                
A.P. Moller-Maersk A/S
     142       1,718  
Bang & Olufsen A/S, Cl B (b)
     1,560       187  
Carlsberg A/S, Cl B (b)
     4,525       549  
Coloplast A/S, Cl B (b)
     3,994       325  
Danisco A/S (b)
     7,359       551  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Danske Bank A/S
     43,168       1,774  
DSV A/S
     25,250       497  
FLS Industries A/S
     8,000       632  
GN Store Nord A/S *
     30,900       365  
H. Lundbeck A/S
     8,000       204  
Jyske Bank A/S *
     8,875       642  
Novo Nordisk A/S, Cl B
     28,637       3,124  
Novozymes A/S, Cl B
     6,870       800  
Sydbank A/S
     9,450       454  
Topdanmark A/S *
     2,650       454  
Trygvesta A/S
     3,000       236  
Vestas Wind Systems A/S *
     23,738       1,572  
William Demant Holding *
     3,807       379  
 
              
 
             14,463  
 
              
 
                
Finland (1.0%)
                
Cargotec Corp., Cl B
     2,374       147  
Fortum Corp.
     27,640       867  
Kone Oyj, Cl B
     4,749       301  
Metso Corp.
     8,000       474  
Neste Oil Oyj
     7,979       315  
Nokia Corp., Cl A
     209,417       5,897  
Sampo PLC, Cl A
     26,900       778  
Stora Enso Oyj
     36,152       684  
Tietoenator Oyj
     4,612       149  
UPM-Kymmene Corp.
     32,567       807  
 
              
 
             10,419  
 
              
 
                
France (10.8%)
                
Accor (b)
     16,665       1,482  
Air France-KLM
     11,780       551  
Air Liquide SA *
     18,050       2,380  
Alcatel
     193,427       2,717  
Alstom * (b)
     8,791       1,478  
Atos Origin SA *
     7,153       449  
AXA (b)
     119,729       5,187  
BNP Paribas
     65,375       7,818  
Bouygues SA (b)
     18,808       1,583  
Business Objects SA * (b)
     10,060       398  
Capgemini SA
     13,024       958  
Carrefour SA
     49,090       3,464  
Casino Guichard-Perrachon SA (b)
     4,523       459  
CNP Assurances SA (b)
     4,207       541  
Compagnie de Saint-Gobain (b)
     27,294       3,079  
Compagnie Generale des Etablissements Michelin, Cl B
     12,716       1,787  
Credit Agricole SA (b)
     51,917       2,121  
Dassault Systemes SA (b)
     5,979       378  
Essilor International SA
     10,246       1,225  
European Aeronautic Defence & Space Co. Eads NV (b)
     30,221       986  
France Telecom SA (b)
     139,915       3,863  
Gaz de France (b)
     14,726       747  
Gecina SA (b)
     1,293       217  
Groupe Danone
     33,062       2,685  
Hermes International (b)
     7,210       819  
Imerys
     3,354       341  
Klepierre
     2,397       409  
L’Air Liquide Prime Fidelite *
     2,138       282  
L’Oreal SA (b)
     21,334       2,535  
Lafarge SA
     11,967       2,193  
Lagardere SCA
     12,596       1,099  
LVMH Moet Hennessy Louis Vuitton SA
     18,821       2,179  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
M6 Metropole Television
     6,690       218  
Neopost SA (b)
     3,346       491  
PagesJaunes SA
     12,867       271  
Pernod Ricard (b)
     7,955       1,765  
Pinault-Printemps-Redoute SA
     6,215       1,090  
PSA Peugeot Citroen SA
     15,313       1,239  
Publicis Groupe. (b)
     14,443       638  
Renault SA
     15,972       2,577  
Safran SA (b)
     17,324       445  
Sanofi-Aventis
     81,666       6,642  
Schneider Electric SA
     19,050       2,685  
Societe BIC (b)
     2,827       209  
Societe Generale
     28,209       5,250  
Societe Television Francaise 1 (b)
     12,230       425  
Sodexho Alliance SA
     9,909       713  
SUEZ SA
     84,124       4,837  
Technip SA
     10,440       866  
Thales (b)
     9,004       552  
Thomson
     25,598       489  
Total SA
     179,690       14,655  
Unibail Holding (b)
     4,790       1,233  
Valeo SA
     7,248       390  
Vallourec SA (b)
     4,508       1,453  
Veolia Environnement SA (b)
     26,381       2,072  
VINCI SA
     33,770       2,536  
Vivendi Universal SA
     96,804       4,180  
Zodiac SA (b)
     4,017       309  
 
              
 
             114,640  
 
              
 
                
Germany (14.0%)
                
Adidas AG
     32,186       2,056  
Allianz SE
     58,890       13,756  
ALTANA AG (b)
     11,268       273  
BASF AG
     62,904       8,245  
Bayer AG
     96,131       7,261  
Beiersdorf AG
     15,005       1,071  
Bilfinger Berger AG
     6,328       562  
Celesio AG
     13,686       892  
Commerzbank AG
     80,856       3,857  
Continental AG (b)
     16,952       2,385  
DaimlerChrysler AG
     121,664       11,237  
Deutsche Bank AG
     67,926       9,854  
Deutsche Boerse AG
     28,813       3,236  
Deutsche Lufthansa AG (b)
     29,471       823  
Deutsche Post AG (b)
     102,918       3,334  
Deutsche Postbank AG
     11,356       996  
Deutsche Telekom AG
     375,391       6,929  
Douglas Holding AG
     5,335       349  
E.ON AG
     81,350       13,606  
Heidelberger Druckmaschinen AG
     9,890       478  
Henkel KGaA (b)
     24,552       1,297  
Hochtief AG
     6,643       725  
Hypo Real Estate Holding AG
     20,182       1,307  
Infineon Technologies AG * (b)
     105,941       1,756  
IVG Immobilien AG
     15,998       631  
Karstadt Quelle AG *
     10,759       362  
Linde AG (b)
     15,739       1,895  
MAN AG (b)
     15,352       2,200  
Merck KGaA
     9,684       1,328  
METRO AG
     19,280       1,597  
MLP AG (b)
     9,241       178  
Muenchener
     28,290       5,195  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Rueckversicherungs-Gesellschaft AG (b)
                
Rheinmetall AG
     6,125       570  
RWE AG
     58,385       6,203  
Salzgitter AG (b)
     6,584       1,266  
SAP AG (b)
     117,761       6,034  
Siemens AG
     111,257       15,967  
Solarworld AG (b)
     14,254       658  
Suedzucker AG (b)
     10,745       239  
ThyssenKrupp AG
     50,174       2,977  
TUI AG * (b)
     35,357       976  
Volkswagen AG
     22,997       3,662  
Wincor Nixdorf AG
     5,347       492  
 
              
 
             148,715  
 
              
 
                
Greece (1.5%)
                
Alpha Bank SA
     67,906       2,141  
Coca-Cola HBC
     18,820       866  
Cosmote Mobile Telecommunications SA
     22,920       710  
EFG Eurobank Ergasias SA
     46,727       1,530  
Hellenic Petroleum SA
     22,530       363  
Hellenic Technodomiki Tev SA
     21,600       284  
Hellenic Telecommunications Organization SA
     55,500       1,720  
National Bank of Greece SA
     64,264       3,687  
OPAP SA
     43,550       1,544  
Piraeus Bank SA
     43,825       1,605  
Public Power Corp. SA
     18,380       520  
Titan Cement Co. SA
     12,960       751  
Viohalco SA
     18,180       283  
 
              
 
             16,004  
 
              
 
                
Hong Kong (0.9%)
                
Bank of East Asia Ltd.
     75,406       424  
BOC Hong Kong Holdings Ltd.
     194,000       462  
Cheung Kong Holdings Ltd. (b)
     81,000       1,061  
CLP Holdings Ltd.
     71,600       480  
Esprit Holdings Ltd.
     56,400       716  
Foxconn International Holdings Ltd. * (b)
     113,000       324  
Hang Seng Bank Ltd.
     41,300       559  
Henderson Land Development Co. Ltd.
     47,000       320  
Hong Kong & China Gas Co. Ltd. (The) (b)
     195,960       413  
Hong Kong Exchanges & Clearing Ltd. (b)
     58,000       820  
Hongkong Electric Holdings Ltd. (b)
     75,000       378  
Hutchison Whampoa Ltd.
     115,080       1,142  
Li & Fung Ltd.
     119,400       430  
Link REIT (The)
     115,500       256  
New World Development Co. Ltd.
     129,000       323  
PCCW Ltd.
     215,326       132  
Sun Hung Kai Properties Ltd.
     73,600       886  
Swire Pacific Ltd.
     45,000       500  
Wharf Holdings Ltd. (The)
     66,000       264  
 
              
 
             9,890  
 
              
 
                
Ireland (1.1%)
                
Allied Irish Banks PLC
     78,912       2,158  
Bank of Ireland
     97,601       1,973  
C&C Group PLC
     39,400       532  
CRH PLC
     50,822       2,519  
DCC PLC
     9,656       326  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
DEPFA Bank PLC
     54,497       961  
Elan Corp. PLC *
     6,047       132  
Grafton Group PLC *
     27,304       390  
Independent News & Media PLC
     156       1  
Independent News & Media PLC
     82,671       420  
Irish Life & Permanent PLC
     31,495       797  
Kerry Group PLC
     320       9  
Kerry Group PLC, Cl A
     16,342       458  
Kingspan Group PLC
     14,621       411  
Ryanair Holdings PLC *
     46,355       311  
 
              
 
             11,398  
 
              
 
                
Italy (8.9%)
                
Alleanza Assicurazioni SpA (b)
     39,131       513  
Arnoldo Mondadori Editore SpA (b)
     26,578       261  
Assicurazioni Generali SpA (b)
     171,912       6,924  
Autogrill SpA
     23,167       492  
Autostrade SpA (b)
     56,439       1,880  
Banca Intesa SpA (b)
     1,364,085       10,209  
Banca Monte dei Paschi di Siena SpA (b)
     215,380       1,462  
Banca Popolare di Milano Scarl SpA (b)
     94,487       1,447  
Banco Popolare di Verona e Novara Scrl SpA (b)
     79,054       2,283  
Bulgari SpA
     34,101       550  
Capitalia SpA (b)
     323,030       3,222  
Enel SpA (b)
     741,353       8,001  
Eni SpA (b)
     477,572       17,386  
Fiat SpA (b)
     135,229       4,039  
Finmeccanica SpA (b)
     52,771       1,630  
Fondiaria-Sai SpA (b)
     16,849       818  
Intesa Sanpaolo
     141,949       997  
Italcementi SpA
     16,129       500  
Lottomatica SpA (b)
     15,521       620  
Luxottica Group SpA
     30,783       1,199  
Mediaset SpA
     172,602       1,788  
MEDIOBANCA-Banca di Credito Finanziario SpA
     100,255       2,287  
Mediolanum SpA (b)
     58,075       486  
Pirelli & C. SpA *
     655,257       784  
Seat Pagine Gialle SpA
     933,437       562  
Snam Rete Gas SpA (b)
     200,389       1,189  
Telecom Italia RNC SpA
     1,020,098       2,268  
Telecom Italia SpA (b)
     1,870,093       5,138  
Terna SpA (b)
     273,192       946  
UniCredito Italiano SpA
     1,373,139       12,320  
Unione di Banche Italiane Scpa (b)
     122,737       3,131  
 
              
 
             95,332  
 
              
 
                
Japan (21.6%)
                
77 Bank Ltd.
     33,000       214  
Acom Co. Ltd. (b)
     5,950       214  
Advantest Corp.
     15,900       694  
AEON Co. Ltd.
     53,800       1,001  
AEON Credit Service Co. Ltd. (b)
     9,000       143  
Aiful Corp. (b)
     7,800       224  
Aisin Seiki Co. Ltd.
     18,200       670  
Ajinomoto Co., Inc. (b)
     61,000       704  
All Nippon Airways Co. Ltd.
     64,000       244  
Alps Electric Co. Ltd.
     17,800       178  
Amada Co. Ltd.
     36,000       451  
Ariake Japan Co. Ltd.
     40       1  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Asahi Breweries Ltd. (b)
     40,300       626  
Asahi Glass Co. Ltd. (b)
     77,000       1,041  
Asahi Kasei Corp.
     105,000       691  
Astellas Pharma, Inc.
     42,861       1,866  
Bank of Yokohama Ltd. (The)
     119,000       835  
Benesse Corp.
     6,900       200  
Bridgestone Corp. (b)
     51,900       1,113  
Canon, Inc.
     82,000       4,815  
Casio Computer Co. Ltd. (b)
     23,600       369  
Central Japan Railway Co.
     128       1,352  
Chiba Bank Ltd. (The)
     76,000       675  
Chubu Electric Power Co., Inc.
     51,200       1,360  
Chugai Pharmaceutical Co. Ltd. (b)
     27,900       502  
Citizen Holdings Co. Ltd. (b)
     34,100       308  
Credit Saison Co. Ltd. (b)
     16,200       422  
CSK Corp.
     5,900       208  
Dai Nippon Printing Co. Ltd.
     57,000       851  
Daiichi Sankyo Co. Ltd.
     59,025       1,568  
Daikin Industries Ltd.
     20,900       762  
Daimaru, Inc. (The)
     22,000       263  
Dainippon Ink & Chemicals, Inc.
     63,000       244  
Daito Trust Construction Co. Ltd.
     8,200       391  
Daiwa House Industry Co. Ltd.
     46,000       658  
Daiwa Securities Group, Inc.
     112,000       1,195  
Denki Kagaku Kogyo Kabushiki Kaisha
     49,000       221  
DENSO Corp.
     30,600       1,198  
Dentsu, Inc.
     194       550  
DOWA Mining Co. Ltd. (b)
     25,000       267  
East Japan Railway Co.
     268       2,068  
Eisai Co. Ltd.
     21,200       926  
Electric Power Development Co. Ltd. (b)
     14,920       594  
FANUC Ltd.
     15,700       1,622  
Fast Retailing Co. Ltd.
     5,300       378  
Fuji Electic Holdings Co. Ltd.
     56,000       285  
Fuji Photo Film Co. Ltd.
     40,100       1,795  
Fujikura Ltd.
     36,000       268  
Fujitsu Ltd.
     162,000       1,195  
Fukuoka Financial Group, Inc. *
     61,000       403  
Furukawa Electric Co. Ltd. (The)
     63,000       348  
Gunma Bank Ltd. (The) (b)
     38,000       256  
Hirose Electric Co. Ltd.
     3,200       422  
Hitachi Chemical Co. Ltd.
     9,500       215  
Hitachi Ltd. (b)
     275,000       1,955  
Hokkaido Electric Power Co., Inc.
     18,200       395  
Hokuhoku Financial Group, Inc.
     118,000       382  
Honda Motor Co. Ltd.
     118,100       4,316  
Hoya Corp.
     38,900       1,292  
Ibiden Co. Ltd.
     12,700       821  
INPEX Holdings, Inc.
     82       766  
Isetan Co. Ltd.
     19,000       313  
Ishikawajima-Harima Heavy Industries Co. Ltd.
     131,000       479  
ITOCHU Corp.
     134,000       1,554  
Japan Real Estate Investment Corp. (b)
     39       459  
Japan Retail Fund Investment Corp.
     36       313  
Japan Tobacco, Inc.
     353       1,743  
JFE Holdings, Inc.
     46,475       2,895  
JGC Corp.
     21,000       394  
Joyo Bank Ltd. (The)
     66,300       413  
JS Group Corp.
     26,512       538  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
JSR Corp.
     17,800       430  
Kajima Corp.
     89,000       373  
Kamigumi Co. Ltd.
     26,000       226  
Kaneka Corp.
     30,000       252  
Kansai Electric Power Co., Inc. (The) (b)
     51,500       1,219  
Kansai Paint Co. Ltd.
     22,000       193  
Kao Corp.
     39,000       1,011  
Kawasaki Heavy Industries Ltd.
     134,000       549  
Kawasaki Kisen Kaisha Ltd. (b)
     53,000       649  
KDDI Corp.
     186       1,379  
Keihin Electric Express Railway Co. Ltd. (b)
     42,000       278  
Keio Electric Railway Co. Ltd.
     58,000       386  
Keyence Corp.
     3,460       757  
Kintetsu Corp. (b)
     162,250       489  
Kirin Brewery Co. Ltd. (b)
     65,000       973  
Kobe Steel Ltd.
     263,000       1,000  
Kokuyo Co. Ltd. (b)
     8,300       97  
Komatsu Ltd. (b)
     72,700       2,114  
Konami Corp.
     8,900       204  
Konica Minolta Holdings, Inc.
     47,500       702  
Kubota Corp.
     105,000       853  
Kuraray Co. Ltd.
     36,000       423  
Kurita Water Industries Ltd. (b)
     11,200       352  
Kyocera Corp.
     13,800       1,473  
Kyowa Hakko Kogyo Co. Ltd.
     32,000       302  
Kyushu Electric Power Co., Inc.
     22,400       588  
Lawson, Inc.
     6,200       215  
Leopalace21 Corp.
     12,700       434  
Mabuchi Motor Co. Ltd. (b)
     2,800       172  
Makita Corp.
     11,500       512  
Marubeni Corp. (b)
     155,000       1,278  
Marui Co. Ltd.
     29,400       371  
Matsushita Electric Industrial Co. Ltd.
     150,880       2,997  
Matsushita Electric Works Ltd.
     37,000       474  
Millea Holdings, Inc.
     59,400       2,441  
Minebea Co. Ltd.
     36,000       204  
Mitsubishi Chemical Holdings Corp.
     103,500       952  
Mitsubishi Corp.
     110,000       2,886  
Mitsubishi Electric Corp. (b)
     162,000       1,503  
Mitsubishi Estate Co. Ltd.
     97,000       2,640  
Mitsubishi Gas Chemical Co., Inc.
     39,000       357  
Mitsubishi Heavy Industries Ltd.
     261,000       1,677  
Mitsubishi Logistics Corp.
     11,000       181  
Mitsubishi Materials Corp.
     89,000       487  
Mitsubishi Rayon Co. Ltd. (b)
     54,000       386  
Mitsubishi UFJ Financial Group, Inc. (b)
     620       6,849  
Mitsui & Co. Ltd.
     128,000       2,553  
Mitsui Chemicals, Inc.
     63,000       479  
Mitsui Engineering & Shipbuilding Co. Ltd. (b)
     73,000       391  
Mitsui Fudosan Co. Ltd.
     71,000       1,995  
Mitsui Mining & Smelting Co. Ltd.
     57,000       267  
Mitsui O.S.K. Lines Ltd. (b)
     100,000       1,360  
Mitsui Sumitomo Insurance Co. Ltd.
     96,340       1,238  
Mitsui Trust Holdings, Inc.
     63,000       550  
Mitsukoshi Ltd. (b)
     39,000       195  
Mizuho Financial Group, Inc.
     750       5,196  
Murata Manufacturing Co. Ltd.
     18,600       1,404  
Namco Bandai Holdings, Inc. (b)
     20,050       317  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
NEC Corp.
     193,000       1,000  
NGK Insulators Ltd.
     27,000       665  
NGK Spark Plug Co. Ltd. (b)
     17,000       296  
Nidec Corp.
     10,800       635  
Nikon Corp.
     29,000       810  
Nintendo Co. Ltd.
     8,000       2,931  
Nippon Building Fund, Inc.
     46       639  
Nippon Electric Glass Co. Ltd.
     33,500       592  
Nippon Express Co. Ltd.
     79,000       450  
Nippon Meat Packers, Inc. (b)
     18,000       218  
Nippon Mining Holdings, Inc.
     88,000       845  
Nippon Oil Corp.
     124,000       1,154  
Nippon Sheet Glass Co. Ltd.
     60,000       274  
Nippon Steel Corp.
     464,000       3,271  
Nippon Telegraph & Telephone Corp.
     384       1,706  
Nippon Unipac Holding
     88       293  
Nippon Yusen Kabushiki Kaisha
     110,000       1,011  
Nissan Chemical Industries Ltd.
     16,000       188  
Nissan Motor Co. Ltd.
     175,500       1,883  
Nisshin Seifun Group, Inc.
     18,300       181  
Nisshin Steel Co. Ltd.
     79,000       361  
Nissin Food Products Co. Ltd. (b)
     8,900       299  
Nitto Denko Corp.
     16,400       829  
NOK Corp.
     11,200       237  
Nomura Holdings, Inc.
     133,100       2,595  
Nomura Research Institute Ltd.
     11,000       324  
NSK Ltd.
     44,000       456  
NTN Corp.
     37,000       319  
NTT DATA Corp.
     126       599  
NTT DoCoMo, Inc.
     1,243       1,969  
Obayashi Corp.
     61,000       333  
Odakyu Electric Railway Co. Ltd. (b)
     61,000       377  
Oji Paper Co. Ltd.
     74,000       360  
Olympus Corp.
     21,000       820  
OMRON Corp.
     21,100       555  
Onward Kashiyama Co. Ltd.
     14,000       179  
Oriental Land Co. Ltd.
     4,800       251  
ORIX Corp.
     7,610       2,006  
Osaka Gas Co. Ltd.
     200,000       744  
Pioneer Corp. (b)
     15,200       207  
Promise Co. Ltd. (b)
     6,950       215  
Rakuten, Inc. (b)
     648       218  
Resona Holdings, Inc. (b)
     485       1,162  
Ricoh Co. Ltd.
     59,000       1,366  
ROHM Co. Ltd.
     10,100       898  
Sankyo Co. Ltd.
     5,300       223  
SANYO Electric Co. Ltd. * (b)
     158,000       259  
SBI Holdings, Inc.
     924       294  
Secom Co. Ltd.
     19,700       930  
Sega Sammy Holdings, Inc. (b)
     19,704       319  
Seiko Epson Corp.
     12,500       362  
Sekisui Chemical Co. Ltd.
     46,000       356  
Sekisui House Ltd.
     44,000       588  
Seven & I Holdings Co. Ltd.
     57,640       1,648  
Sharp Corp.
     85,000       1,616  
Shimamura Co. Ltd.
     2,200       235  
Shimano, Inc.
     6,800       234  
Shimizu Corp.
     59,000       343  
Shin-Etsu Chemical Co. Ltd.
     31,600       2,261  
Shinsei Bank Ltd.
     139,000       562  
Shionogi & Co. Ltd.
     30,000       490  
Shiseido Co. Ltd.
     34,000       726  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Shizuoka Bank Ltd. (The)
     57,000       579  
Showa Denko KK (b)
     111,000       402  
Showa Shell Sekiyu KK
     19,100       237  
SMC Corp.
     5,700       759  
Softbank Corp. (b)
     61,700       1,333  
Sompo Japan Insurance, Inc.
     69,000       846  
Sony Corp.
     79,400       4,083  
Stanley Electric Co. Ltd. (b)
     14,400       313  
Sumitomo Chemical Co. Ltd.
     143,000       962  
Sumitomo Corp.
     92,400       1,689  
Sumitomo Electric Industries Ltd.
     54,700       816  
Sumitomo Heavy Industries Ltd.
     57,000       647  
Sumitomo Metal Industries Ltd.
     345,000       2,035  
Sumitomo Metal Mining Co. Ltd.
     45,000       978  
Sumitomo Mitsui Financial Group, Inc.
     518       4,838  
Sumitomo Realty & Development Co. Ltd.
     36,000       1,176  
Sumitomo Trust & Banking Co. Ltd. (The)
     106,000       1,012  
Suruga Bank Ltd.
     20,000       252  
Suzuken Co. Ltd.
     6,400       200  
T&D Holdings, Inc.
     17,150       1,160  
Taiheiyo Cement Corp. (b)
     90,000       399  
Taisei Corp.
     95,000       322  
Taisho Pharmaceutical Co. Ltd. (b)
     14,000       278  
Taiyo Yuden Co. Ltd.
     10,000       232  
Takashimaya Co. Ltd.
     29,000       367  
Takeda Pharmaceutical Co. Ltd.
     61,300       3,964  
Takefuji Corp.
     11,000       370  
TDK Corp.
     11,900       1,152  
Teijin Ltd.
     83,000       454  
Terumo Corp. (b)
     16,800       650  
THK Co. Ltd.
     12,600       316  
Tobu Railway Co. Ltd. (b)
     78,000       353  
Toho Co. Ltd.
     11,300       205  
Tohoku Electric Power Co., Inc.
     35,900       806  
Tokyo Electric Power Co., Inc. (The) (b)
     84,400       2,715  
Tokyo Electron Ltd.
     15,600       1,151  
Tokyo Gas Co. Ltd.
     194,000       920  
Tokyu Corp.
     106,000       709  
TonenGeneral Sekiyu KK (b)
     29,000       283  
Toppan Printing Co. Ltd.
     56,000       603  
Toray Industries, Inc. (b)
     125,000       925  
Toshiba Corp. (b)
     253,000       2,209  
Tosoh Corp.
     46,000       256  
TOTO Ltd. (b)
     27,700       240  
Toyo Seikan Kaisha Ltd.
     16,200       313  
Toyobo Co. Ltd. (b)
     63,000       181  
Toyota Industries Corp.
     11,200       521  
Toyota Motor Corp.
     200,600       12,709  
Trend Micro, Inc.
     10,500       339  
Ube Industries Ltd.
     95,000       293  
Uni-Charm Corp.
     4,200       238  
UNY Co. Ltd.
     18,000       214  
Ushio, Inc.
     11,100       247  
USS Co. Ltd.
     2,430       155  
Wacoal Corp.
     9,000       111  
West Japan Railway Co. (b)
     169       788  
Yahoo Japan Corp.
     1,505       512  
Yakult Honsha Co. Ltd. (b)
     10,700       271  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Yamada Denki Co. Ltd.
     7,580       793  
Yamaha Corp.
     17,500       364  
Yamaha Motor Co. Ltd.
     18,500       538  
Yamato Transport Co. Ltd.
     39,000       552  
Yokogawa Electric Corp.
     20,400       274  
 
              
 
             231,101  
 
              
 
                
Netherlands (3.8%)
                
ABN AMRO Holding NV
     125,366       5,777  
Aegon NV
     98,301       1,948  
Akzo Nobel NV
     19,372       1,677  
ASML Holding NV *
     36,912       1,024  
Fugro NV
     5,310       338  
Hagemeyer NV
     43,224       224  
Heineken NV
     16,976       999  
ING Groep NV
     131,031       5,815  
Koninklijke DSM NV
     13,108       648  
Koninklijke KPN NV
     140,332       2,340  
Mittal Steel Co. NV
     65,491       4,127  
QIAGEN NV * (b)
     24,158       432  
Randstad Holding NV
     4,676       372  
Reed Elsevier NV
     63,657       1,218  
Rodamco Europe NV
     4,444       597  
Royal Ahold NV *
     118,079       1,491  
Royal Numico NV (b)
     13,648       712  
Royal Philips Electronics NV
     79,560       3,398  
SBM Offshore NV (b)
     12,700       486  
TPG NV
     35,261       1,595  
Unilever NV (b)
     113,382       3,538  
Vedior NV
     15,332       461  
Wolters Kluwer NV (b)
     26,254       805  
 
              
 
             40,022  
 
              
 
                
New Zealand (0.5%)
                
Auckland International Airport Ltd.
     323,091       817  
Contact Energy Ltd.
     92,886       645  
Fisher & Paykel Appliances Holdings Ltd.
     89,076       239  
Fisher & Paykel Healthcare Corp. Ltd.
     162,014       421  
Fletcher Building Ltd.
     131,913       1,256  
Kiwi Income Property Trust (b)
     236,194       300  
Sky City Entertainment Group Ltd.
     143,943       564  
Telecom Corp. of New Zealand Ltd. (b)
     435,039       1,538  
 
              
 
             5,780  
 
              
 
                
Norway (1.8%)
                
Acergy SA
     31,300       712  
Det Norske Oljeselskap ASA * (b)
     123,200       259  
DNB NOR ASA (b)
     109,940       1,421  
Frontline Ltd. (b)
     8,400       390  
Norske Skogindustrier ASA
     108,200       4,184  
Norske Skogindustrier ASA
     25,950       375  
Orkla ASA
     124,120       2,358  
Petroleum Geo-Services ASA
     27,502       687  
Schibsted ASA
     7,500       344  
SeaDrill Ltd. *
     40,000       864  
Statoil ASA (b)
     97,550       3,036  
Storebrand ASA (b)
     36,600       572  
Tandberg ASA
     18,494       417  
Telenor ASA
     110,300       2,166  
Tomra Systems ASA (b)
     25,150       221  
Yara International ASA
     29,240       883  
 
              
 
             18,889  
 
              

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Portugal (1.0%)
                
Banco BPI SA
     56,285       501  
Banco Comercial Portugues SA
     431,327       2,417  
Banco Espirito Santo SA
     55,544       1,239  
Brisa-Auto-estradas de Portugal SA
     74,059       997  
CIMPOR-Cimentos de Portugal, SGPS, SA
     49,768       471  
Energias de Portugal SA
     334,253       1,850  
Jeronimo Martins, SGPS, SA
     67,055       397  
Portugal Telecom, SGPS, SA
     143,194       1,982  
PT Multimedia-Servicos de
     27,113       437  
Telecomunicacoes e Multimedia, SGPS, SA
               
Sonae, SGPS, SA
     197,491       561  
 
              
 
             10,852  
 
              
 
                
Singapore (0.6%)
                
Capitaland Ltd.
     89,000       471  
City Developments Ltd.
     29,000       328  
DBS Group Holdings Ltd.
     66,467       990  
Keppel Corp. Ltd.
     55,000       449  
Oversea-Chinese Banking Corp. Ltd.
     146,700       877  
Singapore Airlines Ltd.
     33,000       405  
Singapore Press Holdings Ltd.
     88,750       269  
Singapore Telecommunications Ltd.
     453,660       1,008  
United Overseas Bank Ltd.
     72,000       1,035  
UOL Group Ltd.
     30,300       115  
Venture Corp. Ltd.
     14,000       144  
 
              
 
             6,091  
 
              
 
                
Spain (6.1%)
                
Abertis Infraestructuras SA (b)
     32,843       1,024  
Acciona SA
     4,112       1,126  
Acerinox SA (b)
     22,390       550  
Actividades de Construccion y Servicios SA (ACS) (b)
     26,309       1,685  
Altadis SA (b)
     32,775       2,182  
Antena 3 de Television SA * (b)
     12,810       268  
Banco Bilbao Vizcaya Argentaria SA (b)
     384,355       9,467  
Banco Popular Espanol SA (b)
     109,010       2,039  
Banco Santander Central Hispano SA(b)
     673,246       12,472  
Cintra Concesiones de Infraestructuras de Transporte SA (b)
     29,662       474  
Corporacion Mapfre (b)
     81,800       407  
Ebro Puleva SA (b)
     12,170       263  
Endesa SA (b)
     70,968       3,862  
Fomento de Construcciones y Contratas SA (b)
     6,418       581  
Gamesa Corporacion Tecnologica SA (b)
     24,491       895  
Gas Natural SDG SA (b)
     20,364       1,244  
Grupo Ferrovial SA (b)
     9,077       897  
Iberdrola SA (b)
     99,496       5,592  
Iberia Lineas Aereas de Espana SA *
     68,168       341  
Indra Sistemas SA (b)
     16,513       414  
Industria de Diseno Textil SA (b)
     28,038       1,661  
Promotora de Informaciones SA (b)
     11,013       243  
Repsol YPF SA (b)
     104,848       4,150  
Sacyr Vallehermoso Group SA (b)
     12,280       594  
Sociedad General de Aguas de Barcelona SA, Cl A (b)
     8,627       317  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Telefonica SA (b)
     492,129       11,016  
Union Fenosa SA (b)
     15,335       823  
Zeltia SA * (b)
     23,265       220  
 
              
 
             64,807  
 
              
 
                
Sweden (1.8%)
                
ASSA ABLOY AB (b)
     22,600       501  
Atlas Copco AB, Cl A
     47,600       801  
Atlas Copco AB, Cl B
     29,682       469  
Boliden AB
     20,550       429  
Electrolux AB, Ser B (b)
     17,900       427  
Getinge AB, Cl B
     12,000       260  
H&M Hennes & Mauritz AB
     23,200       1,379  
Husqvarna AB, Cl B
     20,000       285  
Nordea Bank AB
     120,000       1,887  
Sandvik AB
     62,500       1,271  
Scania AB, Cl B (b)
     25,508       627  
Securitas AB, Cl B
     21,000       335  
Securitas Direct AB, Cl B * (b)
     21,000       57  
Securitas Systems AB, Cl B
     21,000       72  
Skandinaviska Enskilda Banken AB
     31,800       1,033  
Skanska AB, Cl B
     26,700       576  
SKF AB, Cl B
     27,400       579  
SSAB Svenskt Stal AB, Ser A
     10,800       446  
Svenska Cellulosa AB, Cl. B
     13,400       225  
Svenska Handelsbanken AB, Cl A
     34,400       969  
Swedish Match AB
     19,800       384  
Tele2 AB, Cl B
     21,600       355  
Telefonaktiebolaget LM Ericsson
     862,800       3,464  
TeliaSonera AB
     128,000       945  
Volvo AB, Cl A
     29,285       604  
Volvo AB, Cl B (b)
     62,750       1,257  
 
              
 
             19,637  
 
              
 
                
Switzerland (1.9%)
                
ABB Ltd.
     48,024       1,093  
Adecco SA
     3,501       272  
Compagnie Financiere Richemont SA
     13,422       808  
Credit Suisse Group
     25,015       1,789  
Holcim Ltd.
     5,322       579  
Nestle SA (b)
     7,781       2,970  
Nobel Biocare Holding AG
     629       206  
Novartis AG
     44,241       2,500  
Roche Holding Ltd.
     14,297       2,545  
STMicroelectronics NV (b)
     63,878       1,241  
Swiss Re (b)
     7,590       695  
Swisscom AG
     602       206  
Syngenta AG
     2,815       551  
UBS AG
     45,155       2,722  
Xstrata PLC
     27,114       1,626  
Zurich Financial Services
     3,134       973  
 
              
 
             20,776  
 
              
 
                
United Kingdom (11.5%)
                
3I Group PLC
     22,825       534  
AMVESCAP PLC
     39,160       508  
Anglo American PLC
     56,820       3,360  
AstraZeneca PLC
     63,309       3,411  
Aviva PLC
     114,364       1,707  
BAE Systems PLC
     158,327       1,288  
Barclays PLC
     272,811       3,813  
Barratt Developments PLC
     14,512       289  
BG Group PLC
     168,866       2,785  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
BHP Billiton PLC
     99,279       2,771  
Biffa PLC
     17,326       94  
BP PLC
     810,087       9,807  
British American Tobacco PLC
     62,005       2,114  
British Land Co. PLC (The)
     25,812       694  
British Sky Broadcasting Group PLC
     56,421       725  
BT Group PLC
     358,533       2,394  
Bunzl PLC
     16,806       235  
Burberry Group PLC
     21,810       301  
Cadbury Schweppes PLC
     102,399       1,398  
Capita Group PLC (The)
     30,573       446  
Carnival PLC
     8,468       406  
Centrica PLC
     181,410       1,415  
Compass Group PLC
     100,105       695  
Daily Mail & General Trust PLC
     14,668       225  
Diageo PLC
     101,577       2,115  
DSG International PLC
     91,240       291  
EMAP PLC
     10,689       177  
Enterprise Inns PLC
     27,605       382  
Experian Group Ltd.
     50,618       640  
Friends Provident PLC
     92,012       331  
GKN PLC
     34,813       278  
GlaxoSmithKline PLC
     224,861       5,891  
Hammerson PLC
     14,123       407  
Hanson PLC
     35,275       764  
Hays PLC
     72,491       249  
HBOS PLC
     159,373       3,154  
Home Retail Group PLC
     43,453       400  
HSBC Holdings PLC
     440,183       8,086  
Iberdrola SA
     2,934       162  
ICAP PLC
     25,085       249  
Imperial Chemical Industries PLC
     59,068       738  
Imperial Tobacco Group PLC
     29,676       1,375  
InterContinental Hotels Group PLC
     12,158       304  
International Power PLC
     73,904       637  
ITV PLC
     192,592       442  
J Sainsbury PLC
     76,939       903  
Johnson Matthey PLC
     10,850       369  
Kelda Group PLC
     13,657       258  
Kingfisher PLC
     118,555       539  
Land Securities Group PLC
     23,291       815  
Legal & General Group PLC
     323,487       975  
Liberty International PLC
     12,575       289  
Lloyds TSB Group PLC
     247,430       2,762  
Man Group PLC
     88,581       1,083  
Marks & Spencer Group PLC
     84,120       1,061  
Mitchells & Butlers PLC
     19,983       353  
National Grid PLC
     119,231       1,767  
Next PLC
     11,244       454  
Old Mutual PLC
     258,788       878  
Pearson PLC
     39,938       676  
Persimmon PLC
     14,078       327  
Provident Financial PLC
     12,688       179  
Prudential PLC
     112,131       1,608  
Punch Taverns PLC
     12,598       311  
Reckitt Benckiser PLC
     27,687       1,520  
Reed Elsevier PLC
     62,987       818  
Rentokil Initial PLC
     89,852       290  
Reuters Group PLC
     63,216       786  
Rio Tinto PLC
     41,461       3,186  
Rolls-Royce PLC
     89,282       965  
Royal & Sun Alliance Insurance Group PLC
     151,157       442  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Royal Bank of Scotland Group PLC (The)
     380,941       4,842  
Royal Dutch Shell PLC, Cl A
     1,042       43  
Royal Dutch Shell PLC, Cl B
     121,993       5,102  
SABMiller PLC
     43,810       1,114  
Sage Group PLC (The)
     65,479       308  
Scottish & Newcastle PLC
     39,650       510  
Scottish & Southern Energy PLC
     42,682       1,242  
Severn Trent PLC
     11,544       321  
Slough Estates PLC
     23,374       293  
Smith & Nephew PLC
     46,709       581  
Smiths Group PLC
     18,935       451  
Tate & Lyle PLC
     23,905       272  
Tesco PLC
     321,733       2,704  
Tomkins PLC
     39,274       205  
Unilever PLC
     55,963       1,815  
United Business Media PLC
     12,517       200  
United Utilities PLC
     43,456       619  
Vodafone Group PLC
     2,109,201       7,105  
Whitbread PLC
     9,759       347  
Whitbread PLC *
     13,595       42  
William Hill Organization Ltd.
     17,476       216  
Wolseley PLC
     32,648       788  
WPP Group PLC
     58,299       876  
Yell Group PLC
     38,591       358  
 
              
 
             122,455  
 
              
Total Foreign Common Stocks (Cost $624,911)
             1,039,749  
 
              
 
                
Foreign Preferred Stocks (0.6%)
                
Germany (0.5%)
                
Fresenius Medical Care AG, 1.230%
     27,672       1,274  
Porsche AG, 5.000%
     1,211       2,168  
ProSiebenSat.1 Media AG, 0.840%
     13,959       549  
RWE AG, 1.750%
     3,957       394  
Volkswagen AG, 1.210%
     14,633       1,513  
 
              
 
             5,898  
 
              
 
                
Italy (0.1%)
                
Compagnia Assicuratrice Unipol SpA, 0.125% (b)
     204,807       705  
 
              
Total Foreign Preferred Stocks (Cost $2,899)
             6,603  
 
              
 
                
Rights (0.0%)
                
Australia (0.0%)
                
Westfield Group Rights (b)
     98,441       4  
 
              
Japan (0.0%)
                
Dowa Mining Rights (d) (e)
     25,000       —  
 
              
Total Rights (Cost $0)
             4  
 
              
 
                
Short-Term Investments (18.9%)
                
Brown Brothers Harriman & Co.,
   $ 12,676       12,676  
Cayman Islands Cash Sweep
                
Credit Suisse Enhanced Liquidity Fund (c)
     188,591,350       188,591  
 
              
Total Short-Term Investments (Cost $201,267)
             201,267  
 
              
 
                
Total Investments (Cost $829,079) (a) - 117.1%
             1,247,626  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Liabilities in excess of other assets - (17.1)%
             (181,784 )
 
              
Net Assets - 100.0%
           $ 1,065,842  
 
              
 
*   Non-income producing security.
 
    Amounts designated as “      ” are $0 or have been rounded to $0.
 
(a)   Cost for federal income tax purposes is $852,154 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ 402,757  
Unrealized Depreciation
     (7,285 )
 
      
Unrealized Appreciation (Depreciation)
   $ 395,472  
 
      
(b)   This security or a partial position of the security was on loan at June 30, 2007. The total value of securities on loan at June 30, 2007 in thousands was $181,317.
 
(c)   This security was purchased with cash collateral held from securities lending.
 
(d)   Market value is zero.
 
(e)   Valued at fair value using methods determined by the Board and represents 0.000% of net assets as of June 30, 2007.
Cl – Class
PLC – Public Limited Company
REIT – Real Estate Investment Trust
Ser – Series
See Notes to Schedules of Portfolio Investments.

 

 

The investment concentrations for the International Equity Index Fund as a percentage of net assets by industry, as of June 30, 2007, were as follows (unaudited):
         
Consumer Discretionary
     12.1 %
Consumer Staples
     5.8  
Energy
     6.6  
Financials
     29.2  
Health Care
     4.4  
Industrials
     12.5  
Information Technology
     5.7  
Materials
     8.9  
Metals
     0.3  
Short — Term Investments
     18.9  
Telecommunication Services
     5.8  
Transportation & Services
     0.1  
Utilities
     6.8  

 

STI CLASSIC EQUITY FUNDS
Large Cap Core Equity Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares     Value  
Common Stocks (98.0%)
                
Consumer Discretionary (7.8%)
                
Abercrombie & Fitch Co., Cl A
     175,000     $ 12,772  
CBS Corp., Cl B (b)
     600,000       19,992  
Circuit City Stores, Inc.
     850,000       12,818  
Citadel Broadcasting Corp. (b)
     38,396       248  
Darden Restaurants, Inc.
     425,000       18,696  
Lennar Corp., Cl A (b)
     400,000       14,624  
Target Corp.
     150,000       9,540  
Time Warner, Inc. (b)
     1,390,000       29,245  
Walt Disney Co. (The) (b)
     500,000       17,070  
 
              
 
             135,005  
 
              
 
                
Consumer Staples (11.7%)
                
Anheuser-Busch Cos., Inc.
     300,000       15,648  
Archer-Daniels-Midland Co.
     550,000       18,200  
Cadbury Schweppes PLC ADR (b)
     400,000       21,720  
ConAgra Foods, Inc.
     900,000       24,173  
CVS/Caremark Corp.
     650,000       23,692  
Diageo PLC ADR
     80,000       6,665  
General Mills, Inc. (b)
     350,000       20,447  
Hershey Co. (The) (b)
     390,000       19,742  
PepsiCo, Inc.
     250,000       16,213  
Procter & Gamble Co. (The)
     275,000       16,827  
Wal-Mart Stores, Inc.
     400,000       19,244  
 
              
 
             202,571  
 
              
 
                
Energy (9.4%)
                
Baker Hughes, Inc. (b)
     200,000       16,826  
Chevron Corp. (b)
     600,000       50,544  
ConocoPhillips
     550,000       43,175  
Exxon Mobil Corp.
     400,000       33,552  
Spectra Energy Corp.
     750,000       19,470  
 
              
 
             163,567  
 
              
 
                
Financials (21.0%)
                
American International Group, Inc. (b)
     425,000       29,763  
Ameriprise Financial, Inc.
     300,000       19,071  
Bank of America Corp.
     750,000       36,667  
Berkshire Hathaway, Inc., Cl B *
     5,500       19,828  
Capital One Financial Corp. (b)
     425,000       33,336  
Citigroup, Inc.
     975,000       50,007  
Genworth Financial, Inc., Cl A
     700,000       24,080  
Legg Mason, Inc.
     200,000       19,676  
Morgan Stanley
     175,000       14,679  
Principal Financial Group, Inc.
     285,000       16,613  
Progressive Corp. (The)
     900,000       21,537  
State Street Corp. (b)
     225,000       15,390  
UBS AG ADR
     350,000       21,004  
Wachovia Corp.
     450,000       23,063  
Wells Fargo & Co. (b)
     600,000       21,102  
 
              
 
             365,816  
 
              
 
                
Health Care (10.9%)
                
Abbott Laboratories
     350,000       18,743  

 

 

                 
    Shares     Value  
Amgen, Inc. * (b)
     325,000       17,969  
Boston Scientific Corp. * (b)
     1,300,000       19,942  
Bristol-Myers Squibb Co.
     700,000       22,092  
Eli Lilly & Co.
     450,000       25,146  
Johnson & Johnson
     400,000       24,648  
Medtronic, Inc.
     350,000       18,151  
Pfizer, Inc. (b)
     1,700,000       43,469  
 
              
 
             190,160  
 
              
 
                
Industrials (13.0%)
                
3M Co. (b)
     225,000       19,528  
Burlington Northern Santa Fe Corp.
     175,000       14,900  
Dover Corp.
     450,000       23,018  
Eaton Corp.
     225,000       20,925  
Emerson Electric Co.
     350,000       16,380  
Equifax, Inc.
     475,000       21,100  
General Electric Co.
     1,000,000       38,279  
Goodrich Corp.
     325,000       19,357  
R.R. Donnelley & Sons Co. (b)
     200,000       8,702  
Tyco International Ltd.
     1,300,000       43,926  
 
              
 
             226,115  
 
              
 
                
Information Technology (16.1%)
                
Accenture Ltd., Cl A
     500,000       21,445  
Applied Materials, Inc. (b)
     1,000,000       19,870  
Cadence Design Systems, Inc. * (b)
     750,000       16,470  
Cisco Systems, Inc. *
     800,000       22,280  
Dell, Inc. * (b)
     800,000       22,840  
Fiserv, Inc. * (b)
     350,000       19,880  
Hewlett-Packard Co.
     300,000       13,386  
Intel Corp.
     1,200,000       28,511  
Jabil Circuit, Inc. (b)
     1,000,000       22,070  
Microsoft Corp. (b)
     850,000       25,050  
Nokia Corp. ADR
     650,000       18,272  
Texas Instruments, Inc.
     250,000       9,408  
VeriSign, Inc. * (b)
     600,000       19,038  
Western Union Co.
     1,000,000       20,830  
 
              
 
             279,350  
 
              
 
                
Materials (3.4%)
                
E.I. du Pont de Nemours & Co. (b)
     450,000       22,878  
Huntsman Corp. (b)
     700,000       17,017  
Praxair, Inc.
     150,000       10,799  
Sonoco Products Co.
     200,000       8,562  
 
              
 
             59,256  
 
              
 
                
Telecommunication Services (2.1%)
                
AT&T, Inc.
     860,000       35,690  
 
              
Utilities (2.6%)
                
Duke Energy Corp. (b)
     1,100,000       20,130  
Edison International
     450,000       25,254  
 
              
 
             45,384  
 
              
Total Common Stocks (Cost $1,326,852)
             1,702,914  
 
              
 
                
Short-Term Investment (11.2%)
                
Credit Suisse Enhanced Liquidity Fund (c)
     194,869,250       194,869  
 
              
Total Short-Term Investment (Cost $194,869)
             194,869  
 
              
 
                
Money Market Fund (2.6%)
                
STI Classic Institutional Cash
     45,728,309       45,728  
 
              
Management Money Market Fund (d)
                

 

 

                 
    Shares     Value  
Total Money Market Fund (Cost $45,728)
             45,728  
 
              
 
                
Total Investments (Cost $1,567,449) (a) – 111.8%
             1,943,511  
Liabilities in excess of other assets – (11.8)%
             (205,751 )
 
              
Net Assets – 100.0%
           $ 1,737,760  
 
              
 
*   Non-income producing security.
 
(a)   Cost for federal income tax purposes is $1,570,158 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ 387,172  
Unrealized Depreciation
     (13,819 )
 
      
Unrealized Appreciation (Depreciation)
   $ 373,353  
 
      
(b)   This security or a partial position of the security was on loan at June 30, 2007. The total value of securities on loan at June 30, 2007 in thousands was $188,483.
 
(c)   This security was purchased with cash collateral held from securities lending.
 
(d)   Affiliate investment.
 
ADR – American Depositary Receipt
 
Cl – Class
 
PLC – Public Limited Company
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC EQUITY FUNDS
Large Cap Growth Stock Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares     Value  
Common Stocks (97.5%)
                
Consumer Discretionary (9.8%)
                
Coach, Inc. *
     352,181     $ 16,690  
Guess?, Inc. (b)
     162,450       7,804  
Johnson Controls, Inc.
     133,750       15,484  
McDonald’s Corp.
     267,300       13,568  
Starwood Hotels & Resorts Worldwide, Inc.
     205,400       13,776  
Target Corp. (b)
     261,286       16,618  
Walt Disney Co. (The) (b)
     363,330       12,404  
 
              
 
             96,344  
 
              
 
                
Consumer Staples (7.8%)
                
Anheuser-Busch Cos., Inc.
     270,784       14,124  
Avon Products, Inc.
     191,000       7,019  
Colgate-Palmolive Co.
     155,781       10,102  
Kroger Co. (The)
     354,075       9,960  
PepsiCo, Inc.
     210,769       13,668  
Procter & Gamble Co. (The)
     347,739       21,279  
 
              
 
             76,152  
 
              
 
                
Energy (8.1%)
                
Diamond Offshore Drilling, Inc.
     74,325       7,548  
Exxon Mobil Corp.
     195,290       16,381  
Halliburton Co. (b)
     410,411       14,159  
Nabors Industries Ltd. * (b)
     216,239       7,218  
Schlumberger Ltd.
     240,862       20,460  
Valero Energy Corp. (b)
     182,350       13,468  
 
              
 
             79,234  
 
              
 
                
Financials (8.2%)
                
ACE Ltd.
     167,625       10,480  
Blackstone Group LP (The) * (b)
     228,437       6,686  
Goldman Sachs Group, Inc. (The) (b)
     98,407       21,330  
JPMorgan Chase & Co.
     252,574       12,237  
Morgan Stanley
     256,245       21,494  
Wells Fargo & Co.
     220,938       7,770  
 
              
 
             79,997  
 
              
 
                
Health Care (15.2%)
                
Aetna, Inc.
     252,950       12,496  
AmerisourceBergen Corp.
     208,863       10,332  
Barr Pharmaceuticals, Inc. * (b)
     249,146       12,515  
Baxter International, Inc.
     395,868       22,303  
Express Scripts, Inc. * (b)
     265,600       13,283  
Johnson & Johnson
     304,099       18,739  
Lincare Holdings, Inc. * (b)
     373,219       14,873  
Schering-Plough Corp. (b)
     807,483       24,580  
UnitedHealth Group, Inc.
     99,000       5,063  
Universal Health Services, Inc., Cl B
     233,935       14,387  
 
              
 
             148,571  
 
              
 
                
Industrials (14.9%)
                
AGCO Corp. * (b)
     240,654       10,447  
American Standard Cos., Inc.
     210,800       12,433  
Boeing Co. (The)
     216,843       20,852  

 

 

                 
    Shares     Value  
Cooper Industries Ltd., Cl A
     198,500       11,332  
Cummins, Inc.
     112,925       11,429  
Deere & Co.
     83,825       10,121  
Emerson Electric Co.
     295,579       13,833  
General Electric Co.
     283,676       10,859  
Honeywell International, Inc. (b)
     326,271       18,363  
Manitowoc Co., Inc. (The)
     136,975       11,010  
Raytheon Co.
     283,149       15,259  
 
              
 
             145,938  
 
              
 
                
Information Technology (29.6%)
                
Accenture Ltd., Cl A
     265,925       11,406  
Adobe Systems, Inc. * (b)
     384,575       15,441  
ASML Holding NV * (b)
     599,885       16,467  
Cisco Systems, Inc. *
     1,249,218       34,792  
Corning, Inc. * (b)
     774,445       19,787  
EMC Corp. *
     826,816       14,965  
Google, Inc., Cl A *
     20,353       10,652  
Hewlett-Packard Co.
     558,156       24,905  
Intel Corp.
     630,150       14,972  
International Business Machines Corp. (b)
     154,442       16,255  
Intersil Corp., Cl A
     310,976       9,783  
Juniper Networks, Inc. * (b)
     363,725       9,155  
MEMC Electronic Materials, Inc. *
     192,475       11,764  
Microsoft Corp. (b)
     973,347       28,685  
Oracle Corp. * (b)
     700,863       13,814  
QUALCOMM, Inc.
     447,358       19,411  
STMicroelectronics NV
     552,423       10,601  
Synopsys, Inc. *
     260,625       6,888  
 
              
 
             289,743  
 
              
 
Materials (2.8%)
                
Praxair, Inc. (b)
     269,585       19,407  
Southern Copper Corp. (b)
     89,125       8,401  
 
              
 
             27,808  
 
              
 
Telecommunication Services (1.1%)
                
AT&T, Inc.
     264,202       10,964  
 
              
Total Common Stocks (Cost $795,722)
             954,751  
 
              
Short-Term Investment (17.1%)
                
Credit Suisse Enhanced Liquidity Fund (c)
     167,748,250       167,748  
 
              
Total Short-Term Investment (Cost $167,748)
             167,748  
 
              
 
                
Money Market Fund (0.3%)
                
STI Classic Institutional Cash
     3,316,350       3,316  
 
              
Management Money Market Fund (d)
                
Total Money Market Fund (Cost $3,316)
             3,316  
 
              
 
                
Total Investments (Cost $966,786) (a) – 114.9%
             1,125,815  
Liabilities in excess of other assets – (14.9)%
             (146,271 )
 
              
Net Assets – 100.0%
           $ 979,544  
 
              
 
*   Non-income producing security.
 
(a)   Cost for federal income tax purposes is $966,850 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):

 

 

         
Unrealized Appreciation
   $ 167,512  
Unrealized Depreciation
     (8,547 )
 
      
Unrealized Appreciation (Depreciation)
   $ 158,965  
 
      
(b)   This security or a partial position of the security was on loan at June 30, 2007. The total value of securities on loan at June 30, 2007 in thousands was $162,109.
 
(c)   This security was purchased with cash collateral held from securities lending.
 
(d)   Affiliate investment.
 
Cl – Class
 
LP – Limited Partnership
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC EQUITY FUNDS
Large Cap Quantitative Equity Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares     Value  
Common Stocks (98.1%)
                
Consumer Discretionary (10.8%)
                
Abercrombie & Fitch Co., Cl A
     19,344     $ 1,412  
AutoZone, Inc. *
     11,443       1,563  
Best Buy Co., Inc.
     37,595       1,755  
Citadel Broadcasting Corp.
     6,726       43  
Darden Restaurants, Inc.
     33,335       1,466  
eBay, Inc. *
     85,911       2,765  
Harley-Davidson, Inc.
     28,514       1,700  
Hasbro, Inc.
     47,112       1,480  
J.C. Penney Co., Inc.
     22,558       1,633  
Mattel, Inc.
     61,315       1,551  
McDonald’s Corp.
     54,517       2,767  
McGraw-Hill Cos., Inc. (The)
     27,804       1,893  
NIKE, Inc., Cl B
     34,413       2,006  
Nordstrom, Inc.
     30,938       1,582  
Omnicom Group, Inc.
     33,852       1,791  
Sherwin-Williams Co. (The)
     23,139       1,538  
Walt Disney Co. (The)
     87,557       2,989  
Whirlpool Corp.
     14,057       1,563  
Wyndham Worldwide Corp. *
     42,511       1,541  
YUM! Brands, Inc.
     52,622       1,722  
 
              
 
             34,760  
 
              
 
                
Consumer Staples (9.3%)
                
Estee Lauder Cos., Inc., Cl A (The)
     74,536       3,392  
General Mills, Inc.
     63,824       3,729  
H.J. Heinz Co.
     78,449       3,724  
Kellogg Co.
     69,269       3,587  
Pepsi Bottling Group, Inc. (The)
     100,735       3,393  
Procter & Gamble Co. (The)
     73,901       4,521  
Reynolds American, Inc.
     56,787       3,703  
UST, Inc.
     67,860       3,645  
 
              
 
             29,694  
 
              
 
                
Energy (10.5%)
                
BJ Services Co.
     87,270       2,482  
Chesapeake Energy Corp.
     74,512       2,578  
Chevron Corp.
     79,164       6,669  
Exxon Mobil Corp.
     161,281       13,528  
Nabors Industries Ltd. *
     73,736       2,461  
Sunoco, Inc.
     31,673       2,524  
Valero Energy Corp.
     44,315       3,273  
 
              
 
             33,515  
 
              
 
                
Financials (19.5%)
                
Allstate Corp. (The)
     45,416       2,794  
Ambac Financial Group, Inc.
     23,639       2,061  
American International Group, Inc.
     60,815       4,259  
Bank of America Corp.
     142,372       6,961  
Bear Stearns Cos., Inc. (The)
     15,537       2,175  
Chubb Corp. (The)
     44,449       2,406  
Citigroup, Inc.
     114,670       5,882  
Genworth Financial, Inc., Cl A
     62,567       2,152  
Goldman Sachs Group, Inc. (The)
     17,928       3,886  

 

                 
    Shares     Value  
Hartford Financial Services Group, Inc. (The)
     26,253       2,586  
JPMorgan Chase & Co.
     118,811       5,756  
Lehman Brothers Holdings, Inc.
     37,815       2,818  
MBIA, Inc.
     32,031       1,993  
Merrill Lynch & Co., Inc.
     41,897       3,502  
MetLife, Inc.
     46,320       2,987  
SAFECO Corp.
     32,931       2,050  
Torchmark Corp.
     29,807       1,997  
Wachovia Corp.
     80,152       4,108  
XL Capital Ltd., Cl A
     27,346       2,305  
 
              
 
             62,678  
 
              
 
                
Health Care (11.5%)
                
Abbott Laboratories
     80,316       4,300  
Aetna, Inc.
     57,994       2,865  
Baxter International, Inc.
     57,666       3,249  
Becton, Dickinson & Co.
     37,545       2,797  
Bristol-Myers Squibb Co.
     129,234       4,079  
Coventry Health Care, Inc. *
     43,487       2,507  
Humana, Inc. *
     41,906       2,552  
Johnson & Johnson
     67,781       4,177  
King Pharmaceuticals, Inc. *
     119,629       2,448  
Laboratory Corp. of America Holdings*
     33,520       2,623  
Mylan Laboratories, Inc.
     133,300       2,425  
Zimmer Holdings, Inc. *
     33,723       2,863  
 
              
 
             36,885  
 
              
 
                
Industrials (10.3%)
                
Danaher Corp.
     37,310       2,817  
Eaton Corp.
     29,043       2,701  
General Dynamics Corp.
     37,840       2,960  
Goodrich Corp.
     43,130       2,569  
Illinois Tool Works, Inc.
     53,580       2,904  
ITT Corp.
     39,066       2,667  
L-3 Communications Holdings, Inc.
     26,917       2,621  
Lockheed Martin Corp.
     31,880       3,001  
PACCAR, Inc.
     32,273       2,809  
Parker Hannifin Corp.
     26,189       2,564  
R.R. Donnelley & Sons Co.
     59,084       2,571  
Waste Management, Inc.
     70,870       2,767  
 
              
 
             32,951  
 
              
 
                
Information Technology (14.2%)
                
Applied Materials, Inc.
     131,889       2,621  
BMC Software, Inc. *
     61,868       1,875  
Cisco Systems, Inc. *
     211,833       5,900  
Compuware Corp. *
     167,001       1,981  
Convergys Corp. *
     77,295       1,874  
EMC Corp. *
     160,959       2,913  
Hewlett-Packard Co.
     103,390       4,613  
International Business Machines Corp.
     50,073       5,270  
KLA-Tencor Corp.
     39,148       2,151  
Microsoft Corp.
     201,821       5,947  
Molex, Inc.
     64,298       1,930  
Novell, Inc. *
     239,139       1,863  
Novellus Systems, Inc. *
     66,600       1,889  
Sun Microsystems, Inc. *
     454,067       2,388  
Xerox Corp. *
     118,979       2,199  
 
              
 
             45,414  
 
              
 
                
Insurance (0.8%)
                
Travelers Cos., Inc. (The)
     50,439       2,698  
 
              

 

                 
    Shares     Value  
Materials (4.0%)
                
Bemis Co., Inc.
     72,279       2,398  
Dow Chemical Co. (The)
     72,726       3,215  
Eastman Chemical Co.
     37,698       2,425  
Pactiv Corp. *
     73,458       2,343  
Sigma-Aldrich Corp.
     57,759       2,465  
 
              
 
             12,846  
 
              
 
                
Telecommunication Services (3.7%)
                
AT&T, Inc.
     158,943       6,596  
Sprint Nextel Corp.
     91,870       1,903  
Verizon Communications, Inc.
     80,377       3,309  
 
              
 
             11,808  
 
              
 
                
Utilities (3.5%)
                
Dominion Resources, Inc.
     20,632       1,781  
Edison International
     26,394       1,481  
Exelon Corp.
     30,238       2,194  
PG&E Corp.
     30,764       1,394  
Progress Energy, Inc.
     27,870       1,271  
Public Service Enterprise Group, Inc.
     18,257       1,603  
Sempra Energy
     23,544       1,395  
 
              
 
             11,119  
 
              
Total Common Stocks (Cost $305,632)
             314,368  
 
              
 
                
Money Market Fund (1.9%)
                
STI Classic Institutional Cash
     6,191,319       6,191  
 
              
Management Money Market Fund (b)
                
Total Money Market Fund (Cost $6,191)
             6,191  
 
              
 
              
Total Investments (Cost $311,823) (a) - 100.0%
             320,559  
Other assets in excess of liabilities - 0.0%
             20  
 
              
Net Assets - 100.0%
           $ 320,579  
 
              
 
*   Non-income producing security.
 
(a)   Cost for federal income tax purposes is $312,913 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ 12,532  
Unrealized Depreciation
     (4,886 )
 
      
Unrealized Appreciation (Depreciation)
   $ 7,646  
 
      
(b)   Affiliate investment.
Cl – Class
See Notes to Schedules of Portfolio Investments.

 

STI CLASSIC EQUITY FUNDS
Large Cap Value Equity Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares     Value  
Common Stocks (96.8%)
                
Consumer Discretionary (6.4%)
                
Advance Auto Parts, Inc.
     143,117     $ 5,801  
Circuit City Stores, Inc.
     610,650       9,209  
Foot Locker, Inc.
     293,600       6,400  
Leggett & Platt, Inc.
     446,150       9,838  
Macy’s, Inc.
     317,250       12,620  
OfficeMax, Inc.
     150,212       5,903  
Standard Pacific Corp. (b)
     336,450       5,898  
Thor Industries, Inc.
     144,736       6,533  
Time Warner, Inc.
     394,950       8,310  
TJX Cos., Inc. (The)
     220,500       6,064  
 
              
 
             76,576  
 
              
 
                
Consumer Staples (9.3%)
                
Avon Products, Inc.
     159,900       5,876  
Brown-Forman Corp., Cl B (b)
     179,047       13,085  
Colgate-Palmolive Co.
     269,950       17,506  
ConAgra Foods, Inc.
     482,450       12,959  
CVS/Caremark Corp.
     332,800       12,131  
Fomento Economico Mexicano S.A.B. de C.V. ADR
     314,331       12,359  
PepsiCo, Inc.
     184,900       11,991  
Procter & Gamble Co. (The)
     421,000       25,761  
 
              
 
             111,668  
 
              
 
                
Energy (12.8%)
                
Anadarko Petroleum Corp. (b)
     358,100       18,618  
Apache Corp.
     154,650       12,618  
Chevron Corp.
     319,900       26,948  
ConocoPhillips
     354,550       27,832  
Diamond Offshore Drilling, Inc. (b)
     66,000       6,703  
Exxon Mobil Corp.
     438,700       36,798  
Marathon Oil Corp. (b)
     204,700       12,274  
Spectra Energy Corp.
     472,441       12,265  
 
              
 
             154,056  
 
              
 
                
Financials (23.9%)
                
AMB Property Corp. (b)
     160,250       8,529  
Ambac Financial Group, Inc. (b)
     143,900       12,547  
American International Group, Inc.
     279,100       19,545  
Aon Corp. (b)
     158,150       6,739  
Astoria Financial Corp. (b)
     240,375       6,019  
Bank of America Corp.
     605,600       29,608  
Bear Stearns Cos., Inc. (The) (b)
     71,350       9,989  
Citigroup, Inc.
     671,029       34,418  
Colonial BancGroup, Inc. (The)
     493,450       12,321  
Genworth Financial, Inc., Cl A
     347,250       11,945  
Hartford Financial Services Group, Inc. (The)
     60,900       5,999  
HCC Insurance Holdings, Inc. (b)
     186,400       6,228  
JPMorgan Chase & Co.
     367,566       17,809  
Legg Mason, Inc.
     61,550       6,055  
Lincoln National Corp.
     87,700       6,222  

 

 

                 
    Shares     Value  
Mercury General Corp. (b)
     110,590       6,095  
Merrill Lynch & Co., Inc.
     122,000       10,197  
Morgan Stanley
     131,608       11,039  
Northern Trust Corp.
     156,000       10,021  
Protective Life Corp.
     131,300       6,277  
State Street Corp.
     139,600       9,549  
Wachovia Corp.
     343,400       17,599  
Washington Mutual, Inc. (b)
     277,700       11,841  
Zions Bancorp
     151,650       11,663  
 
              
 
             288,254  
 
              
 
                
Health Care (7.5%)
                
Bristol-Myers Squibb Co.
     204,900       6,467  
Brookdale Senior Living, Inc. (b)
     139,787       6,370  
Cooper Cos., Inc. (The) (b)
     126,750       6,758  
Johnson & Johnson
     375,750       23,154  
Omnicare, Inc. (b)
     267,400       9,642  
Pfizer, Inc.
     790,400       20,211  
Wyeth
     310,000       17,775  
 
              
 
             90,377  
 
              
 
                
Industrials (13.9%)
                
3M Co.
     147,000       12,758  
Con-way, Inc.
     105,500       5,300  
Emerson Electric Co.
     390,854       18,293  
General Electric Co.
     956,250       36,606  
Harsco Corp.
     111,942       5,821  
Illinois Tool Works, Inc. (b)
     329,950       17,880  
Rockwell Automation, Inc.
     198,000       13,749  
Southwest Airlines Co. (b)
     593,700       8,852  
Timken Co. (The)
     171,479       6,192  
United Parcel Service, Inc., Cl B
     171,650       12,530  
United Technologies Corp.
     257,400       18,257  
Waste Management, Inc.
     307,950       12,025  
 
              
 
             168,263  
 
              
 
                
Information Technology (5.2%)
                
Harris Corp.
     253,425       13,824  
Jabil Circuit, Inc.
     265,350       5,856  
Jack Henry & Associates, Inc.
     244,915       6,307  
Maxim Integrated Products, Inc.
     335,700       11,216  
Motorola, Inc.
     663,900       11,751  
Seagate Technology (b)
     278,200       6,056  
Tektronix, Inc.
     211,400       7,133  
 
              
 
             62,143  
 
              
 
                
Materials (5.7%)
                
Alcoa, Inc.
     159,500       6,465  
Ashland, Inc.
     160,750       10,279  
Dow Chemical Co. (The)
     124,100       5,488  
Louisiana-Pacific Corp. (b)
     302,672       5,727  
Newmont Mining Corp.
     235,200       9,187  
Peabody Energy Corp. (b)
     132,350       6,403  
Praxair, Inc.
     133,600       9,618  
Rohm & Haas Co.
     177,000       9,678  
Scotts Miracle-Gro Co., Cl A (The) (b)
     135,050       5,799  
 
              
 
             68,644  
 
              
 
                
Telecommunication Services (5.2%)
                
ALLTEL Corp.
     89,386       6,038  
AT&T, Inc.
     621,900       25,809  
Sprint Nextel Corp. (b)
     555,250       11,499  
Verizon Communications, Inc. (b)
     466,410       19,202  
 
              
 
             62,548  
 
              

 

 

                 
    Shares     Value  
Utilities (6.9%)
                
Aqua America, Inc. (b)
     410,611       9,235  
Dominion Resources, Inc. (b)
     107,218       9,254  
Duke Energy Corp. (b)
     492,656       9,016  
Entergy Corp. (b)
     83,350       8,948  
PPL Corp.
     215,044       10,061  
Public Service Enterprise Group, Inc.
     114,000       10,007  
Questar Corp.
     182,700       9,656  
TECO Energy, Inc.
     343,853       5,907  
Vectren Corp. (b)
     205,150       5,525  
Xcel Energy, Inc.
     292,500       5,987  
 
              
 
             83,596  
 
              
Total Common Stocks (Cost $1,011,889)
             1,166,125  
 
              
 
                
Short-Term Investment (14.6%)
                
Credit Suisse Enhanced Liquidity Fund (c)
     175,136,321       175,136  
 
              
 
                
Total Short-Term Investment (Cost $175,136)
             175,136  
 
              
 
                
Money Market Fund (6.8%)
                
STI Classic Institutional Cash
     81,679,111       81,679  
 
              
Management Money Market Fund (d)
                
Total Money Market Fund (Cost $81,679)
             81,679  
 
              
 
                
Total Investments (Cost $1,268,704) (a) - 118.2%
             1,422,940  
Liabilities in excess of other assets - (18.2)%
             (219,568 )
 
              
Net Assets - 100.0%
           $ 1,203,372  
 
              
 
(a)   Cost for federal income tax purposes is $1,269,262 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ 165,825  
Unrealized Depreciation
     (12,147 )
 
      
Unrealized Appreciation (Depreciation)
   $ 153,678  
 
      
(b)   This security or a partial position of the security was on loan at June 30, 2007. The total value of securities on loan at June 30, 2007 in thousands was $169,794.
 
(c)   This security was purchased with cash collateral held from securities lending.
 
(d)   Affiliate investment.
ADR – American Depositary Receipt
Cl – Class
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC EQUITY FUNDS
Mid-Cap Core Equity Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares     Value  
Common Stocks (98.4%)
                
Consumer Discretionary (14.9%)
                
Abercrombie & Fitch Co., Cl A
     44,520     $ 3,249  
American Eagle Outfitters, Inc. (b)
     93,316       2,394  
CBS Corp., Cl B
     79,365       2,644  
Darden Restaurants, Inc.
     48,680       2,141  
Hilton Hotels Corp. (b)
     100,517       3,364  
International Game Technology
     77,131       3,062  
J.C. Penney Co., Inc.
     45,365       3,284  
KB HOME
     54,016       2,127  
Limited Brands, Inc. (b)
     123,967       3,403  
Mattel, Inc.
     140,152       3,544  
Men’s Wearhouse, Inc. (The)
     58,914       3,009  
Mohawk Industries, Inc. * (b)
     35,193       3,548  
Newell Rubbermaid, Inc.
     117,223       3,450  
Nordstrom, Inc.
     57,493       2,939  
Omnicom Group, Inc.
     61,000       3,228  
Sotheby’s
     67,065       3,086  
Whirlpool Corp. (b)
     30,634       3,407  
 
              
 
             51,879  
 
              
 
                
Consumer Staples (7.2%)
                
Church & Dwight Co., Inc. (b)
     59,444       2,881  
ConAgra Foods, Inc.
     167,728       4,505  
General Mills, Inc.
     49,873       2,914  
Hershey Co. (The)
     51,750       2,620  
J. M. Smucker Co. (The)
     26,751       1,703  
Kroger Co. (The)
     115,264       3,242  
Pepsi Bottling Group, Inc. (The)
     108,498       3,654  
Reynolds American, Inc.
     55,003       3,586  
 
              
 
             25,105  
 
              
 
                
Energy (6.9%)
                
Cameron International Corp. * (b)
     62,746       4,484  
Chesapeake Energy Corp. (b)
     83,716       2,897  
Diamond Offshore Drilling, Inc.
     32,675       3,318  
Noble Energy, Inc.
     73,379       4,579  
Pogo Producing Co. (b)
     39,108       1,986  
Spectra Energy Corp.
     102,000       2,648  
Tesoro Corp.
     71,064       4,061  
 
              
 
             23,973  
 
              
 
                
Financials (17.9%)
                
AMB Property Corp. (b)
     49,488       2,634  
Ambac Financial Group, Inc. (b)
     38,409       3,349  
American Financial Group, Inc.
     60,191       2,056  
Ameriprise Financial, Inc.
     54,194       3,445  
Apartment Investment & Management Co., ClA
     53,176       2,681  
Arch Capital Group Ltd. *
     30,174       2,189  
Assurant, Inc.
     53,225       3,136  
BankUnited Financial Corp., Cl A (b)
     124,477       2,498  
Entertainment Properties Trust (b)
     37,333       2,008  
HCC Insurance Holdings, Inc. (b)
     92,177       3,080  

 

 

                 
    Shares     Value  
Janus Capital Group, Inc. (b)
     101,328       2,821  
Jones Lang LaSalle, Inc.
     31,686       3,596  
Legg Mason, Inc.
     37,462       3,686  
Marshall & Ilsley Corp.
     82,030       3,906  
MGIC Investment Corp. (b)
     57,208       3,253  
PMI Group, Inc. (The)
     75,580       3,376  
Principal Financial Group, Inc.
     47,780       2,785  
ProLogis (b)
     44,157       2,513  
Raymond James Financial, Inc.
     93,010       2,874  
Security Capital Assurance Ltd.
     106,579       3,290  
SL Green Realty Corp. (b)
     23,340       2,892  
 
              
 
             62,068  
 
              
 
                
Health Care (9.4%)
                
Applera Corp.- Applied Biosystems Group
     128,018       3,909  
Becton, Dickinson & Co.
     43,804       3,263  
Celgene Corp. * (b)
     46,271       2,653  
Dade Behring Holdings, Inc.
     59,530       3,162  
Henry Schein, Inc. * (b)
     52,584       2,810  
Laboratory Corp. of America Holdings * (b)
     45,569       3,566  
Millipore Corp. * (b)
     44,904       3,372  
Thermo Fisher Scientific, Inc. * (b)
     73,333       3,793  
Universal Health Services, Inc., Cl B
     51,660       3,177  
WellCare Health Plans, Inc. * (b)
     32,701       2,960  
 
              
 
             32,665  
 
              
 
                
Industrials (13.0%)
                
Copart, Inc. *
     114,387       3,499  
Covanta Holding Corp. *
     133,130       3,282  
CSX Corp. (b)
     76,899       3,467  
Curtiss-Wright Corp. (b)
     68,800       3,207  
Dover Corp.
     82,184       4,204  
Eaton Corp.
     47,120       4,382  
Equifax, Inc.
     89,022       3,954  
Goodrich Corp.
     53,713       3,199  
Ingersoll-Rand Co. Ltd., Cl A (b)
     73,109       4,008  
L-3 Communications Holdings, Inc.
     24,973       2,432  
Lennox International, Inc.
     107,195       3,669  
PACCAR, Inc. (b)
     32,951       2,868  
Toro Co., (The)
     51,827       3,052  
 
              
 
             45,223  
 
              
 
                
Information Technology (14.3%)
                
BMC Software, Inc. *
     95,729       2,901  
Cadence Design Systems, Inc. *
     200,089       4,393  
Electronic Data Systems Corp.
     80,485       2,232  
Fiserv, Inc. *
     55,658       3,161  
Jabil Circuit, Inc.
     159,312       3,516  
Juniper Networks, Inc. * (b)
     149,935       3,773  
LSI Logic Corp. * (b)
     385,455       2,895  
NCR Corp. *
     60,346       3,171  
Novellus Systems, Inc. * (b)
     93,432       2,651  
Paychex, Inc.
     63,000       2,465  
Sybase, Inc. * (b)
     108,639       2,595  
Teradyne, Inc. *
     179,608       3,158  
Total System Services, Inc. (b)
     102,604       3,028  
VeriSign, Inc. * (b)
     111,075       3,524  
Vishay Intertechnology, Inc. * (b)
     194,412       3,076  
Xerox Corp. *
     191,093       3,531  
 
              
 
             50,070  
 
              

 

 

                 
    Shares     Value  
Materials (6.3%)
                
Albemarle Corp.
     60,714       2,339  
FMC Corp.
     37,134       3,319  
Huntsman Corp.
     140,309       3,411  
Lyondell Chemical Co.
     96,544       3,584  
Sonoco Products Co.
     82,516       3,533  
Steel Dynamics, Inc.
     55,702       2,334  
United States Steel Corp.
     29,820       3,243  
 
              
 
             21,763  
 
              
 
                
Telecommunication Services (2.1%)
                
Qwest Communications International, Inc. * (b)
     374,869       3,636  
Telephone & Data Systems, Inc.
     55,870       3,496  
 
              
 
             7,132  
 
              
 
                
Utilities (6.5%)
                
American Electric Power Co., Inc. (b)
     91,983       4,143  
Edison International
     73,710       4,137  
MDU Resources Group, Inc.
     122,013       3,421  
OGE Energy Corp.
     101,951       3,737  
PG&E Corp.
     92,246       4,178  
Xcel Energy, Inc.
     145,147       2,971  
 
              
 
             22,587  
 
              
Total Common Stocks (Cost $277,217)
             342,465  
 
              
 
                
Short-Term Investment (26.9%)
                
Credit Suisse Enhanced Liquidity Fund (c)
     93,363,789       93,364  
 
              
Total Short-Term Investment (Cost $93,364)
             93,364  
 
              
 
                
Money Market Fund (1.2%)
                
STI Classic Institutional Cash
     4,072,440       4,072  
 
              
Management Money Market Fund (d)
                
Total Money Market Fund (Cost $4,072)
             4,072  
 
              
 
                
Total Investments (Cost $374,653) (a) - 126.5%
             439,901  
Liabilities in excess of other assets - (26.5)%
             (92,211 )
 
              
Net Assets - 100.0%
           $ 347,690  
 
              
 
*   Non-income producing security.
 
(a)   Cost for federal income tax purposes is $376,770 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ 66,371  
Unrealized Depreciation
     (3,240 )
 
      
Unrealized Appreciation (Depreciation)
   $ 63,131  
 
      
(b)   This security or a partial position of the security was on loan at June 30, 2007. The total value of securities on loan at June 30, 2007 in thousands was $90,215.
 
(c)   This security was purchased with cash collateral held from securities lending.
 
(d)   Affiliate investment.
Cl – Class
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC EQUITY FUNDS
Mid-Cap Value Equity Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares     Value  
Common Stocks (97.3%)
                
Consumer Discretionary (11.7%)
                
Brunswick Corp. (b)
     125,600     $ 4,098  
Circuit City Stores, Inc.
     488,200       7,362  
Foot Locker, Inc.
     114,200       2,490  
Gap, Inc. (The) (b)
     190,400       3,637  
H&R Block, Inc. (b)
     84,100       1,965  
Leggett & Platt, Inc. (b)
     211,500       4,664  
Macy’s, Inc.
     88,700       3,528  
OfficeMax, Inc.
     121,466       4,774  
Standard Pacific Corp. (b)
     335,900       5,888  
 
              
 
             38,406  
 
              
 
                
Consumer Staples (7.8%)
                
Brown-Forman Corp., Cl B
     31,200       2,280  
Clorox Co. (The)
     62,100       3,856  
ConAgra Foods, Inc.
     163,100       4,381  
Fomento Economico Mexicano S.A.B. de C.V. ADR
     89,400       3,515  
Hershey Co. (The) (b)
     85,600       4,333  
Longs Drug Stores Corp.
     27,700       1,455  
Pepsi Bottling Group, Inc. (The)
     95,500       3,216  
Sara Lee Corp.
     151,700       2,640  
 
              
 
             25,676  
 
              
 
                
Energy (11.5%)
                
Anadarko Petroleum Corp. (b)
     141,600       7,362  
BJ Services Co. (b)
     56,200       1,598  
Cameco Corp.
     27,100       1,375  
CHC Helicopter Corp., Cl A
     55,089       1,433  
Chesapeake Energy Corp.
     93,400       3,232  
Diamond Offshore Drilling, Inc.
     26,900       2,732  
Enterprise Products Partnerts LP (b)
     53,500       1,702  
Hess Corp.
     56,400       3,325  
Ship Finance International Ltd. (b)
     77,000       2,285  
Spectra Energy Corp.
     137,400       3,567  
Sunoco, Inc.
     39,100       3,115  
TransCanada Corp.
     67,600       2,326  
Williams Cos., Inc. (The)
     113,465       3,588  
 
              
 
             37,640  
 
              
 
                
Financials (20.9%)
                
Alexandria Real Estate Equities, Inc. (b)
     24,800       2,401  
AMB Property Corp.
     64,000       3,406  
Aon Corp. (b)
     57,000       2,429  
Astoria Financial Corp. (b)
     134,400       3,365  
BankUnited Financial Corp., Cl A (b)
     166,640       3,344  
Bear Stearns Cos., Inc. (The)
     27,800       3,892  
Brookfield Properties Corp.
     145,850       3,546  
Colonial BancGroup, Inc. (The)
     265,700       6,635  
Colonial Properties Trust (b)
     97,200       3,543  
First Charter Corp.
     23,067       449  
Genworth Financial, Inc., Cl A
     147,300       5,067  

 

 

                 
    Shares     Value  
Huntington Bancshares, Inc. (b)
     150,900       3,431  
Lazard Ltd., Cl A (b)
     68,826       3,099  
Legg Mason, Inc.
     37,800       3,719  
Protective Life Corp.
     33,300       1,592  
Security Capital Assurance Ltd.
     271,776       8,389  
Sterling Financial Corp.
     117,813       3,410  
Ventas, Inc. (b)
     94,584       3,429  
Zions Bancorp
     43,700       3,361  
 
              
 
             68,507  
 
              
 
                
Health Care (4.7%)
                
Brookdale Senior Living, Inc.
     84,900       3,869  
Cooper Cos., Inc. (The) (b)
     61,247       3,266  
Omnicare, Inc. (b)
     130,300       4,698  
Quest Diagnostics, Inc. (b)
     69,400       3,585  
 
              
 
             15,418  
 
              
 
                
Industrials (13.0%)
                
Aircastle Ltd.
     166,458       6,628  
Cooper Industries Ltd., Cl A
     28,500       1,627  
Forward Air Corp. (b)
     112,300       3,828  
Franklin Electric Co., Inc. (b)
     34,000       1,604  
Macquarie Infrastructure Co. LLC
     57,600       2,389  
Rockwell Automation, Inc.
     81,873       5,685  
Ryder System, Inc.
     65,200       3,508  
Southwest Airlines Co. (b)
     392,400       5,851  
UTI Worldwide, Inc.
     154,200       4,131  
Waste Management, Inc.
     119,000       4,647  
World Fuel Services Corp.
     61,400       2,582  
 
              
 
             42,480  
 
              
 
                
Information Technology (8.3%)
                
Global Payments, Inc. (b)
     63,600       2,522  
Harris Corp.
     104,100       5,679  
Intersil Corp., Cl A
     81,600       2,567  
Jabil Circuit, Inc.
     311,100       6,865  
Maxim Integrated Products, Inc.
     98,900       3,304  
Nam Tai Electronics, Inc.
     202,756       2,417  
Seagate Technology (b)
     181,100       3,943  
 
              
 
             27,297  
 
              
 
                
Materials (5.8%)
                
Air Products & Chemicals, Inc.
     30,900       2,483  
Cytec Industries, Inc.
     70,500       4,496  
FMC Corp.
     27,400       2,449  
Louisiana-Pacific Corp. (b)
     177,400       3,356  
Newmont Mining Corp.
     61,100       2,387  
Scotts Miracle-Gro Co., Cl A (The) (b)
     92,100       3,955  
 
              
 
             19,126  
 
              
 
                
Telecommunication Services (1.6%)
                
Embarq Corp. (b)
     81,200       5,146  
 
              
 
Utilities (12.0%)
                
Aqua America, Inc. (b)
     151,300       3,403  
CMS Energy Corp.
     142,100       2,444  
Edison International
     60,900       3,418  
Integrys Energy Group, Inc. (b)
     63,100       3,201  
ITC Holdings Corp. (b)
     80,700       3,279  
PG&E Corp.
     76,100       3,447  
PNM Resources, Inc. (b)
     141,400       3,930  
Public Service Enterprise Group, Inc.
     40,000       3,511  
Sempra Energy
     68,700       4,069  
TECO Energy, Inc.
     195,400       3,357  
Vectren Corp.
     71,500       1,925  

 

 

                 
    Shares     Value  
Xcel Energy, Inc.
     158,700       3,249  
 
              
 
             39,233  
 
              
Total Common Stocks (Cost $310,003)
             318,929  
 
              
 
                
Short-Term Investment (25.6%)
                
Credit Suisse Enhanced Liquidity Fund (c)
     83,909,878       83,910  
 
              
Total Short-Term Investment (Cost $83,910)
             83,910  
 
              
 
                
Money Market Fund (2.7%)
                
STI Classic Institutional Cash Management Money Market Fund (d)
     8,733,008       8,733  
 
              
 
                
Total Money Market Fund (Cost $8,733)
             8,733  
 
              
 
                
Total Investments (Cost $402,646) (a) - 125.6%
             411,572  
Liabilities in excess of other assets - (25.6)%
             (83,791 )
 
              
Net Assets - 100.0%
           $ 327,781  
 
              
 
(a)   Cost for federal income tax purposes is $403,336 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ 20,089  
Unrealized Depreciation
     (11,853 )
 
      
Unrealized Appreciation (Depreciation)
   $ 8,236  
 
      
(b)   This security or a partial position of the security was on loan at June 30, 2007. The total value of securities on loan at June 30, 2007 in thousands was $81,095.
(c)   This security was purchased with cash collateral held from securities lending.
 
(d)   Affiliate investment.
ADR – American Depositary Receipt
Cl — Class
LLC – Limited Liability Company
LP – Limited Partnership
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC EQUITY FUNDS
Select Large Cap Growth Stock Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares     Value  
Common Stocks (99.3%)
                
Consumer Discretionary (11.4%)
                
Coach, Inc. *
     48,870     $ 2,316  
Omnicom Group, Inc.
     54,440       2,881  
Staples, Inc.
     115,880       2,750  
Target Corp.
     48,520       3,085  
TJX Cos., Inc. (The)
     87,190       2,398  
 
              
 
             13,430  
 
              
 
                
Consumer Staples (9.2%)
                
Costco Wholesale Corp. (b)
     55,390       3,241  
PepsiCo, Inc.
     64,840       4,205  
Procter & Gamble Co. (The)
     56,610       3,464  
 
              
 
             10,910  
 
              
 
                
Energy (3.7%)
                
Baker Hughes, Inc.
     26,570       2,235  
Schlumberger Ltd.
     25,360       2,154  
 
              
 
             4,389  
 
              
 
                
Financials (10.1%)
                
AFLAC, Inc. (b)
     54,020       2,777  
American Express Co.
     56,070       3,430  
State Street Corp.
     36,880       2,523  
T. Rowe Price Group, Inc.
     62,690       3,253  
 
              
 
             11,983  
 
              
 
                
Health Care (17.1%)
                
Baxter International, Inc.
     64,700       3,644  
Genentech, Inc. *
     31,690       2,398  
Gilead Sciences, Inc. * (b)
     77,130       2,990  
Stryker Corp. (b)
     44,030       2,778  
Thermo Fisher Scientific, Inc. * (b)
     58,810       3,042  
UnitedHealth Group, Inc.
     45,520       2,328  
WellPoint, Inc. *
     38,040       3,037  
 
              
 
             20,217  
 
              
 
                
Industrials (15.2%)
                
Boeing Co. (The)
     39,600       3,809  
Danaher Corp. (b)
     34,040       2,570  
General Electric Co.
     91,784       3,513  
Precision Castparts Corp.
     16,910       2,052  
Raytheon Co.
     55,000       2,964  
United Technologies Corp.
     43,570       3,090  
 
              
 
             17,998  
 
              
 
                
Information Technology (28.4%)
                
Adobe Systems, Inc. *
     62,520       2,510  
Analog Devices, Inc.
     51,670       1,945  
Apple, Inc. *
     24,160       2,948  
Automatic Data Processing, Inc.
     62,990       3,053  
Cisco Systems, Inc. *
     129,600       3,609  
Google, Inc., Cl A *
     7,080       3,707  
Hewlett-Packard Co.
     88,960       3,970  
Intel Corp.
     113,696       2,701  
Microsoft Corp.
     114,696       3,380  
Oracle Corp. *
     149,618       2,949  

 

 

                 
    Shares     Value  
QUALCOMM, Inc.
     62,350       2,705  
 
              
 
             33,477  
 
              
 
                
Materials (4.2%)
                
Praxair, Inc.
     69,160       4,979  
 
              
Total Common Stocks (Cost $98,412)
             117,383  
 
              
 
                
Warrants (0.0%)
                
Information Technology (0.0%)
                
Lucent Technologies, Inc. *
     22,693       4  
 
              
Total Warrants (Cost $0)
             4  
 
              
 
                
Short-Term Investment (12.6%)
                
Credit Suisse Enhanced Liquidity Fund (c)
     14,901,600       14,902  
 
              
Total Short-Term Investment (Cost $14,902)
             14,902  
 
              
 
                
Money Market Fund (0.7%)
                
STI Classic Institutional Cash Management Money Market Fund (d)
     824,242       824  
 
              
Total Money Market Fund (Cost $824)
             824  
 
              
 
                
Total Investments (Cost $114,138) (a) - 112.6%
             133,113  
Liabilities in excess of other assets - (12.6)%
             (14,912 )
 
              
Net Assets - 100.0%
           $ 118,201  
 
              
 
*   Non-income producing security.
 
(a)   Cost for federal income tax purposes is $114,335 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ 19,401  
Unrealized Depreciation
     (623 )
 
      
Unrealized Appreciation (Depreciation)
   $ 18,778  
 
      
(b)   This security or a partial position of the security was on loan at June 30, 2007. The total value of securities on loan at in June 30, 2007 thousands was $ 14,459.
 
(c)   This security was purchased with cash collateral held from securities lending.
 
(d)   Affiliate investment.
Cl — Class
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC EQUITY FUNDS
Small Cap Growth Stock Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares     Value  
Common Stocks (97.9%)
                
Consumer Discretionary (17.8%)
                
Aeropostale, Inc. * (b)
     146,031     $ 6,087  
Ameristar Casinos, Inc. *
     130,164       4,522  
Capella Education Co. *
     9,678       445  
Charlotte Russe Holding, Inc. *
     113,929       3,061  
Chipotle Mexican Grill, Inc., Cl A * (b)
     52,311       4,461  
CKE Restaurants, Inc. (b)
     207,819       4,171  
Columbia Sportswear Co. (b)
     75,980       5,218  
Deckers Outdoor Co. * (b)
     69,497       7,013  
DeVry, Inc. (b)
     209,007       7,111  
Fossil, Inc. * (b)
     172,946       5,100  
Heelys, Inc. * (b)
     155,105       4,011  
J. Crew Group, Inc. *
     54,250       2,934  
Jarden Corp. * (b)
     107,194       4,610  
McCormick & Schmick’s Seafood Restaurants, Inc. *
     160,413       4,161  
Oakley, Inc. (b)
     33,283       945  
Pacific Sunwear of California, Inc. *
     291,314       6,409  
Payless ShoeSource, Inc. *
     166,016       5,238  
Phillips-Van Heusen Corp.
     108,095       6,548  
Priceline.com, Inc. * (b)
     119,456       8,212  
Skechers U.S.A., Inc., Cl A *
     133,432       3,896  
Smith & Wesson Holding Corp. * (b)
     291,070       4,875  
Sotheby’s (b)
     108,407       4,989  
Steiner Leisure Ltd. * (b)
     108,449       5,327  
Tractor Supply Co. * (b)
     68,219       3,551  
Tween Brands, Inc. * (b)
     131,765       5,877  
Universal Electronics, Inc. *
     83,368       3,028  
WMS Industries, Inc. * (b)
     193,737       5,591  
Zumiez, Inc. * (b)
     134,766       5,091  
 
              
 
             132,482  
 
              
 
                
Consumer Staples (1.9%)
                
Corn Products International, Inc.
     107,492       4,886  
Flowers Foods, Inc.
     159,577       5,323  
Hain Celestial Group, Inc., (The) * (b)
     152,821       4,148  
 
              
 
             14,357  
 
              
 
                
Energy (6.2%)
                
Cal Dive International, Inc. * (b)
     258,253       4,295  
Core Laboratories NV *
     52,419       5,330  
Drill-Quip, Inc. * (b)
     111,642       5,018  
Grey Wolf, Inc. * (b)
     610,885       5,034  
GulfMark Offshore, Inc. * (b)
     87,091       4,461  
Matrix Service Co. * (b)
     215,039       5,345  
NATCO Group, Inc., Cl A *
     101,394       4,668  
Oceaneering International, Inc. * (b)
     77,136       4,060  
PetroQuest Energy, Inc. * (b)
     253,059       3,679  
Superior Energy Services, Inc. *
     110,613       4,416  
 
              
 
             46,306  
 
              

 

 

                 
    Shares     Value  
Financials (7.6%)
                
Advanta Corp., Cl B (b)
     164,892       5,135  
BankUnited Financial Corp., Cl A (b)
     81,603       1,638  
Cash America International, Inc.
     48,630       1,928  
Corporate Office Properties Trust (b)
     75,591       3,100  
Digital Reality Trust, Inc. (b)
     100,996       3,806  
FelCor Lodging Trust, Inc.
     107,707       2,804  
Hanover Insurance Group, Inc., (The)
     83,712       4,084  
Navigators Group, Inc. (The) *
     77,244       4,163  
Portfolio Recovery Associates, Inc. (b)
     68,850       4,132  
PrivateBancorp, Inc. (b)
     98,772       2,845  
RLI Corp.
     67,173       3,758  
SVB Financial Group * (b)
     127,327       6,762  
Tanger Factory Outlet Centers, Inc. (b)
     60,176       2,254  
United Community Banks, Inc. (b)
     121,178       3,137  
Waddell & Reed Financial, Inc., Cl A
     114,024       2,966  
World Acceptance Corp. * (b)
     88,726       3,791  
 
              
 
             56,303  
 
              
 
                
Health Care (17.0%)
                
Advanced Magnetics, Inc. *
     32,415       1,885  
Alexion Pharmaceuticals, Inc. * (b)
     122,041       5,499  
Align Technology, Inc. * (b)
     217,026       5,243  
Alkermes, Inc. * (b)
     234,944       3,430  
Alliance Imaging, Inc. *
     86,669       814  
Allscripts Healthcare Solutions, Inc. * (b)
     210,600       5,366  
BioMarin Pharmaceutical, Inc. * (b)
     318,367       5,712  
Conceptus, Inc. * (b)
     195,045       3,778  
ev3, Inc. * (b)
     173,976       2,937  
Genomic Health, Inc. * (b)
     180,956       3,402  
GTx, Inc. * (b)
     165,337       2,677  
HealthExtras, Inc. *
     135,421       4,006  
Immucor, Inc. * (b)
     234,528       6,559  
inVentiv Health, Inc. * (b)
     160,388       5,872  
LHC Group, Inc. * (b)
     150,068       3,932  
LifeCell Corp. * (b)
     175,545       5,361  
MedCath Corp. *
     136,244       4,333  
Meridian Bioscience, Inc.
     276,023       5,979  
NuVasive, Inc. * (b)
     199,435       5,387  
Omnicell, Inc. * (b)
     294,006       6,108  
OSI Pharmaceuticals, Inc. * (b)
     53,844       1,950  
Palomar Medical Technologies, Inc. * (b)
     116,269       4,036  
Phase Forward, Inc. * (b)
     315,632       5,312  
Psychiatric Solutions, Inc. * (b)
     214,941       7,793  
Varian, Inc. *
     90,729       4,975  
Ventana Medical Systems, Inc. * (b)
     69,827       5,396  
West Pharmaceutical Services, Inc. (b)
     105,598       4,979  
XenoPort, Inc.. * (b)
     85,375       3,792  
 
              
 
             126,513  
 
              
 
                
Industrials (19.9%)
                
Acuity Brands, Inc. (b)
     109,719       6,614  
Ceradyne, Inc. *
     85,438       6,319  
Columbus McKinnon Corp. * (b)
     144,186       4,643  
COMSYS IT Partners, Inc. * (b)
     158,919       3,625  
Consolidated Graphics, Inc. *
     50,969       3,531  
Curtiss-Wright Corp.
     134,452       6,267  
EMCOR Group, Inc. * (b)
     84,877       6,188  
FormFactor, Inc. * (b)
     131,199       5,025  
Gardner Denver, Inc. *
     128,938       5,486  
General Cable Corp. * (b)
     67,486       5,112  
Genesee & Wyoming, Inc., Cl A * (b)
     145,335       4,337  

 

 

                 
    Shares     Value  
Genlyte Group, Inc., (The) * (b)
     90,810       7,132  
Heidrick & Struggles International, Inc. *
     94,047       4,819  
Hub Group, Inc., Cl A * (b)
     180,293       6,339  
Kaman Corp.,
     149,599       4,666  
Kansas City Southern, Inc. * (b)
     107,869       4,049  
Knoll, Inc.
     218,995       4,905  
Korn/Ferry International * (b)
     163,424       4,292  
Orbital Sciences Corp. *
     244,507       5,137  
Pike Electric Corp. *
     207,581       4,646  
RBC Bearings, Inc. * (b)
     114,582       4,727  
Toro Co., (The)
     84,946       5,002  
TransDigm Group, Inc. *
     127,572       5,162  
UAP Holding Corp.
     218,445       6,584  
URS Corp. *
     99,777       4,844  
Wabtec Corp. (b)
     150,465       5,496  
Woodward Governor Co.
     115,491       6,198  
Zoltek Cos., Inc. * (b)
     168,780       7,009  
 
              
 
             148,154  
 
              
 
                
Information Technology (22.8%)
                
ANADIGICS, Inc. * (b)
     323,921       4,467  
Anixter International, Inc. *
     70,299       5,287  
ANSYS, Inc. *
     157,462       4,173  
Arris Group, Inc. * (b)
     440,297       7,744  
Atheros Communications *
     222,809       6,871  
Authorize.Net Holdings, Inc. *
     178,369       3,191  
Bankrate, Inc. * (b)
     78,562       3,765  
Blackboard, Inc. * (b)
     96,192       4,052  
Blue Coat Systems, Inc. *
     92,020       4,557  
Brocade Communication Systems, Inc. *
     429,427       3,358  
CommScope, Inc. * (b)
     62,562       3,650  
Comtech Group, Inc. * (b)
     230,715       3,809  
Comtech Telecommunications Corp. *
     96,988       4,502  
Cymer, Inc. * (b)
     61,389       2,468  
Digital River, Inc. * (b)
     125,434       5,676  
Dionex Corp. * (b)
     70,992       5,040  
Double-Take Software, Inc. *
     260,940       4,282  
Electro Scientific Industries, Inc. * (b)
     116,492       2,423  
FEI Co. * (b)
     112,850       3,663  
IHS, Inc., Cl A * (b)
     159,229       7,325  
InfoCrossing, Inc. *
     324,864       6,000  
MTS Systems Corp.
     46,121       2,060  
NETGEAR, Inc. *
     146,982       5,328  
Netlogic Microsystems, Inc. * (b)
     140,490       4,473  
NICE Systems Ltd. *
     121,279       4,213  
Nuance Communications, Inc. * (b)
     408,031       6,826  
Perficient, Inc. * (b)
     219,276       4,539  
Quest Software, Inc. * (b)
     74,098       1,200  
Radiant Systems, Inc. * (b)
     209,200       2,770  
Radvision Ltd. *
     136,410       2,869  
Tessera Technologies, Inc. * (b)
     136,528       5,536  
THQ, Inc. * (b)
     198,377       6,054  
Trident Microsystems, Inc. * (b)
     211,260       3,877  
Trimble Navigation Ltd. *
     104,665       3,370  
ValueClick, Inc. * (b)
     225,372       6,639  
Varian Semiconductor Equipment Associates, Inc. * (b)
     126,678       5,075  
VASCO Data Security International, Inc. * (b)
     217,249       4,945  
ViaSat, Inc. *
     128,730       4,132  
 
              
 
             170,209  
 
              

 

 

                 
    Shares     Value  
Materials (3.9%)
                
AK Steel Holding Corp. *
     82,915       3,099  
Carpenter Technology Corp.
     38,682       5,041  
Claymont Steel Holdings, Inc. * (b)
     123,348       2,638  
H.B. Fuller Co.
     172,937       5,169  
Hercules, Inc. *
     293,934       5,776  
Silgan Holdings, Inc.
     79,483       4,394  
Terra Industries, Inc. * (b)
     114,339       2,906  
 
              
 
             29,023  
 
              
 
                
Telecommunication Services (0.8%)
                
Cbeyond, Inc. * (b)
     155,248       5,979  
 
              
Total Common Stocks (Cost $589,991)
             729,326  
 
              
 
                
Warrants (0.0%)
                
Health Care (0.0%)
                
Drugmax, Inc. * (d) (g)
     1,301,500       —  
 
              
Telecommunication Services (0.0%)
                
Sunair Services Corp. (d) (f)
     350,000       —  
 
              
Total Warrants (Cost $163)
             —  
 
              
 
                
Short-Term Investment (42.1%)
                
Credit Suisse Enhanced Liquidity Fund (c)
     313,674,923       313,675  
 
              
Total Short-Term Investment (Cost $313,675)
             313,675  
 
              
 
                
Money Market Fund (3.4%)
                
STI Classic Institutional Cash Management Money Market Fund (e)
     25,287,738       25,288  
 
              
Total Money Market Fund (Cost $25,288)
             25,288  
 
              
 
                
Total Investments (Cost $929,117) (a) - 143.4%
             1,068,289  
Liabilities in excess of other assets - (43.4)%
             (323,524 )
 
              
Net Assets - 100.0%
           $ 744,765  
 
              
 
*   Non-income producing security.
 
(a)   Cost for federal income tax purposes is $930,870 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ 152,363  
Unrealized Depreciation
     (14,944 )
 
      
Unrealized Appreciation (Depreciation)
   $ 137,419  
 
      
(b)   This security or a partial position of the security was on loan at June 30, 2007. The total value of securities on loan at June 30, 2007 in thousands was $303,750.
(c)   This security was purchased with cash collateral held from securities lending.
 
(d)   Market value is zero.
(e)   Affiliate investment.
(f)   The Fund’s adviser has deemed this security to be illiquid based upon procedures approved by the Board of Trustees. The illiquid securities held by the Fund as of June 30, 2007 are identified below (in thousands):
                                         
Issue Description   Acquisition Date   Cost ($)   Shares   Value ($)   Percent of Net Assets
Sunair Services Corp. Warrants
     12/15/05       —       350       —       —  
(g)   Valued at fair value using methods determined by the Board. Fair valued securities held by the Fund represent 0.00% of net assets as of June 30, 2007.

 

 

Cl – Class
Amounts designated as “-” are $0 or have been rounded to $0.
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC EQUITY FUNDS
Small Cap Quantitative Equity Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares     Value  
Common Stocks (97.1%)
                
Consumer Discretionary (15.8%)
                
Aeropostale, Inc. *
     1,659     $ 69  
American Axle & Manufacturing Holdings, Inc.
     2,302       68  
Applebee’s International, Inc.
     2,766       67  
Asbury Automotive Group, Inc.
     2,236       56  
Avatar Holdings, Inc. *
     720       55  
Big Lots, Inc. *
     2,755       81  
Blyth, Inc.
     2,169       58  
Bob Evans Farms, Inc.
     1,738       64  
Buckle, Inc., (The)
     1,443       57  
CSK Auto Corp. *
     3,183       59  
Drew Industries, Inc. *
     1,745       58  
Gymboree Corp., (The) *
     1,524       60  
Jack in the Box, Inc. *
     999       71  
JAKKS Pacific, Inc. *
     2,222       63  
Jo-Ann Stores, Inc. *
     1,908       54  
Journal Communications, Inc., Cl A
     4,254       55  
Lear Corp. *
     2,163       77  
Maidenform Brands, Inc. *
     2,886       57  
National CineMedia, Inc. *
     2,188       61  
Pep Boys-Manny, Moe & Jack (The)
     2,964       60  
Perry Ellis International, Inc. *
     1,789       58  
Phillips-Van Heusen Corp.
     1,375       82  
Sinclair Broadcast Group, Inc., Cl A
     3,918       56  
Sotheby’s
     1,714       79  
Steinway Musical Instruments, Inc.
     1,493       52  
Stewart Enterprises, Inc., Cl A
     7,649       60  
Tempur-Pedic International, Inc.
     2,436       63  
Triarc Cos., Inc., Cl B
     3,938       62  
Tupperware Brands Corp.
     2,379       68  
Universal Electronics, Inc. *
     1,763       64  
Vail Resorts, Inc. *
     1,151       70  
Warnaco Group, Inc., (The) *
     1,866       73  
 
              
 
             2,037  
 
              
 
                
Consumer Staples (3.0%)
                
American Oriental Bioengineering, Inc. *
     5,444       48  
Imperial Sugar Co.
     1,879       58  
Ingles Markets, Inc., Cl A
     1,504       52  
NBTY, Inc. *
     1,471       63  
Seaboard Corp.
     22       52  
Universal Corp.
     994       61  
Village Super Market, Inc., Cl A
     1,132       54  
 
              
 
             388  
 
              
 
                
Energy (5.3%)
                
Brigham Exploration Co. *
     9,732       57  
Delek US Holdings, Inc.
     2,548       68  
GulfMark Offshore, Inc. *
     1,334       68  
Mariner Energy, Inc. *
     3,055       74  
Oil States International, Inc. *
     1,959       81  
Petroleum Development Corp. *
     1,374       65  

 

 

                 
    Shares     Value  
Pioneer Drilling Co. *
     4,269       64  
Rosetta Resources, Inc. *
     2,913       63  
Trico Marine Services, Inc. *
     1,517       62  
Western Refining, Inc.
     1,379       80  
 
              
 
             682  
 
              
 
                
Financials (20.2%)
                
American Physicians Capital, Inc. *
     1,364       55  
Apollo Investment Corp.
     3,231       70  
Ares Capital Corp.
     3,543       60  
Argonaut Group, Inc.
     1,949       61  
Ashford Hospitality Trust
     5,375       63  
Baldwin & Lyons, Inc., Cl B
     2,173       56  
Capital Southwest Corp.
     346       54  
Capital Trust, Inc., Cl A
     1,305       45  
CNA Surety Corp. *
     2,770       52  
Commerce Group Corp. (The)
     2,048       71  
Crystal River Capital, Inc.
     1,945       47  
Deerfield Triarc Capital Corp.
     3,806       56  
Delphi Financial Group, Inc., Cl A
     1,654       69  
DiamondRock Hospitality Co.
     3,582       68  
Entertainment Properties Trust
     1,160       62  
Euronet Worldwide, Inc. *
     2,459       72  
FBL Financial Group, Inc., Cl A
     1,485       58  
First Industrial Realty Trust, Inc.
     1,625       63  
FPIC Insurance Group, Inc. *
     1,347       55  
Gramercy Capital Corp.
     1,861       51  
Harleysville Group, Inc.
     1,802       60  
Horace Mann Educators Corp.
     2,830       60  
Inland Real Estate Corp.
     3,590       61  
ITLA Capital Corp.
     1,056       55  
James River Group, Inc.
     1,588       53  
LTC Properties, Inc.
     2,469       56  
MCG Capital Corp.
     3,631       58  
Meadowbrook Insurance Group, Inc. *
     5,104       56  
MFA Mortgage Investments, Inc.
     8,066       59  
National Interstate Corp.
     2,300       60  
National Retail Properties, Inc.
     2,861       63  
Nationwide Health Properties, Inc.
     2,613       71  
Navigators Group, Inc. (The) *
     1,172       63  
NorthStar Realty Finance Corp.
     4,241       53  
Odyssey Re Holdings Corp.
     1,372       59  
OMEGA Healthcare Investors, Inc.
     3,791       60  
ProAssurance Corp. *
     1,253       70  
Resource Capital Corp.
     3,417       48  
RLI Corp.
     1,113       62  
Seabright Insurance Holdings *
     3,162       55  
Sterling Financial Corp.
     2,203       64  
Technology Investment Capital Corp.
     3,365       53  
United Fire & Casualty Co.
     1,630       58  
Zenith National Insurance Corp.
     1,443       68  
 
              
 
             2,613  
 
              
 
                
Health Care (11.3%)
                
Albany Molecular Research, Inc. *
     3,795       56  
Amedisys, Inc. *
     1,573       57  
AmSurg Corp. *
     2,347       57  
Analogic Corp.
     849       62  
Apria Healthcare Group, Inc. *
     2,110       61  
Bradley Pharmaceuticals, Inc. *
     2,466       54  
Capital Senior Living Corp. *
     4,880       46  
CONMED Corp. *
     1,869       55  
Datascope Corp.
     1,461       56  

 

 

                 
    Shares     Value  
Genesis HealthCare Corp. *
     900       62  
Healthspring, Inc. *
     2,359       45  
inVentiv Health, Inc. *
     1,663       61  
MedCath Corp. *
     1,581       50  
National Healthcare Corp.
     1,030       53  
Noven Pharmaceuticals, Inc. *
     2,345       55  
Option Care, Inc.
     3,409       52  
Pain Therapeutics, Inc. *
     6,322       55  
Pharmanet Development Group, Inc. *
     1,753       56  
Sciele Pharma, Inc. *
     2,233       53  
STERIS Corp.
     2,264       69  
Sunrise Senior Living, Inc. *
     1,651       66  
SuperGen, Inc. *
     8,843       49  
Trimeris, Inc. *
     7,438       51  
Varian, Inc. *
     1,166       64  
ViroPharma, Inc. *
     4,169       58  
Vital Images, Inc. *
     2,041       55  
 
              
 
             1,458  
 
              
 
                
Industrials (10.2%)
                
Allegiant Travel Co. *
     2,161       66  
AMREP Corp.
     1,284       61  
Barnes Group, Inc.
     2,526       80  
Cascade Corp.
     1,018       80  
CBIZ, Inc. *
     9,545       70  
COMSYS IT Partners, Inc. *
     3,064       70  
Cubic Corp.
     2,548       77  
Deluxe Corp.
     2,010       81  
Ennis, Inc.
     3,000       71  
Exponet, Inc. *
     3,127       70  
G & K Services, Inc., Cl A
     1,963       78  
Houston Wire & Cable Co. *
     2,483       71  
Kforce, Inc. *
     4,351       70  
Spherion Corp. *
     7,628       72  
TransDigm Group, Inc. *
     1,853       75  
Tredegar Corp.
     3,298       70  
Waste Industries USA, Inc.
     2,169       74  
Watson Wyatt Worldwide, Inc., Cl A
     1,740       87  
 
              
 
             1,323  
 
              
 
                
Information Technology (17.0%)
                
3Com Corp. *
     16,720       69  
Actel Corp. *
     4,700       65  
AMIS Holdings, Inc. *
     5,053       63  
Ansoft Corp. *
     2,045       60  
Arris Group, Inc. *
     4,803       85  
Brocade Communication Systems, Inc. *
     10,641       84  
C-COR, Inc. *
     4,546       64  
CIBER, Inc. *
     7,553       62  
Comtech Telecommunications Corp. *
     1,641       76  
Epicor Software Corp. *
     4,761       71  
iGATE Corp. *
     8,444       68  
Ikanos Communications, Inc. *
     8,188       62  
Intevac, Inc. *
     3,318       71  
Jack Henry & Associates, Inc.
     3,044       78  
LoJack Corp. *
     2,906       65  
LTX Corp. *
     11,202       62  
ManTech International Corp., Cl A *
     2,076       64  
Methode Electronics, Inc.
     4,191       66  
Micrel, Inc.
     5,522       70  
MKS Instruments, Inc. *
     2,530       70  
MPS Group, Inc. *
     5,426       73  
MTS Systems Corp.
     1,546       69  

 

 

                 
    Shares     Value  
NETGEAR, Inc. *
     1,938       70  
NetScout Systems, Inc. *
     7,658       66  
Pegasystems, Inc.
     5,740       63  
Pericom Semiconductor Corp. *
     5,696       64  
Perot Systems Corp., Cl A *
     4,243       72  
Semtech Corp. *
     4,290       74  
SPSS, Inc. *
     1,637       72  
Sybase, Inc. *
     3,350       80  
Symmetricom, Inc. *
     7,671       64  
ViaSat, Inc. *
     2,117       68  
 
              
 
             2,210  
 
              
 
                
Materials (9.9%)
                
AptarGroup, Inc.
     2,457       87  
Brush Engineered Materials, Inc. *
     1,506       63  
Buckeye Technologies, Inc. *
     5,180       80  
Chaparral Steel Co.
     1,383       99  
Greif, Inc., Cl A
     1,486       89  
H.B. Fuller Co.
     3,031       91  
Headwaters, Inc. *
     4,096       71  
Koppers Holdings, Inc.
     2,240       75  
Myers Industries, Inc.
     3,283       73  
Neenah Paper, Inc.
     1,718       71  
NN, Inc.
     5,845       69  
Rock-Tenn Co., Cl A
     2,358       75  
Ryerson, Inc.
     1,997       75  
Sensient Technologies Corp.
     2,979       76  
Spartech Corp.
     2,738       73  
Terra Industries, Inc. *
     4,249       107  
 
              
 
             1,274  
 
              
 
                
Telecommunication Services (1.1%)
                
EMS Technologies, Inc. *
     3,092       68  
Premiere Global Services, Inc. *
     5,199       68  
 
              
 
             136  
 
              
 
                
Utilities (3.3%)
                
Black Hills Corp.
     1,811       72  
El Paso Electric Co. *
     2,671       66  
New Jersey Resources Corp.
     1,350       69  
Northwest Natural Gas Co.
     1,468       68  
PNM Resources, Inc.
     2,741       75  
Westar Energy, Inc.
     3,078       75  
 
              
 
             425  
 
              
Total Common Stocks (Cost $12,352)
             12,546  
 
              
 
                
Money Market Fund (0.5%)
                
STI Classic Institutional Cash Management Money Market Fund (b)
     69,411       69  
 
              
Total Money Market Fund (Cost $69)
             69  
 
              
 
                
Total Investments (Cost $12,421) (a) - 97.6%
             12,615  
Other assets in excess of liabilities - 2.4%
             316  
 
              
Net Assets - 100.0%
           $ 12,931  
 
              
 
*   Non-income producing security.
 
(a)   Cost for federal income tax purposes is $12,475 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):

 

 

         
Unrealized Appreciation
   $ 561  
Unrealized Depreciation
     (421 )
 
      
Unrealized Appreciation (Depreciation)
   $ 140  
 
      
(b)   Affiliate investment.
Cl – Class
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC EQUITY FUNDS
Small Cap Value Equity Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares     Value  
Common Stocks (98.0%)
                
Consumer Discretionary (12.1%)
                
Aaron Rents, Inc.
     125,000     $ 3,650  
Bassett Furniture Industries, Inc.
     204,700       2,794  
bebe stores, inc. (b)
     327,400       5,242  
Brown Shoe Co., Inc. (b)
     515,800       12,543  
Christopher & Banks Corp. (b)
     339,000       5,814  
Cinemark Holdings, Inc. *
     103,500       1,852  
Cobra Electronics Corp.
     309,800       2,986  
Courier Corp. (b)
     106,400       4,256  
Group 1 Automotive, Inc. (b)
     143,500       5,789  
K-Swiss, Inc., Cl A
     221,200       6,267  
Libbey, Inc.
     65,670       1,417  
Makita Corp. ADR
     16,254       726  
Movado Group, Inc. (b)
     220,926       7,454  
Sauer-Danfoss, Inc.
     132,000       3,928  
Stage Stores, Inc.
     288,500       6,047  
Stanley Furniture Co., Inc. (b)
     58,600       1,204  
Thor Industries, Inc. (b)
     132,500       5,981  
Tuesday Morning Corp. (b)
     365,218       4,514  
World Wrestling Entertainment, Inc.
     311,600       4,982  
 
              
 
             87,446  
 
              
 
                
Consumer Staples (3.2%)
                
Church & Dwight Co., Inc. (b)
     107,150       5,192  
Flowers Foods, Inc.
     89,000       2,969  
Gruma SA ADR (b)
     136,700       1,814  
Longs Drug Stores Corp. (b)
     253,900       13,335  
 
              
 
             23,310  
 
              
 
                
Energy (6.6%)
                
CARBO Ceramics, Inc. (b)
     183,400       8,035  
CHC Helicopter Corp., Cl A
     627,700       16,326  
Foundation Coal Holdings, Inc. (b)
     273,400       11,111  
Tidewater, Inc. (b)
     104,200       7,386  
Ultrapar Participacoes SA ADR (b)
     151,900       5,043  
 
              
 
             47,901  
 
              
 
                
Financials (14.9%)
                
Bank of Hawaii Corp.
     134,100       6,925  
Banner Corp.
     89,000       3,031  
Capital Corp. of the West
     53,400       1,279  
Cash America International, Inc. (b)
     417,100       16,538  
Cathay General Bancorp (b)
     76,600       2,569  
City National Corp.
     72,300       5,501  
Desert Community Bank
     82,000       1,882  
East West Bancorp, Inc. (b)
     55,513       2,158  
Federal Agricultural Mortgage Corp., Cl A (b)
     76,189       2,607  
Glacier Bancorp, Inc. (b)
     296,098       6,026  
HCC Insurance Holdings, Inc. (b)
     225,850       7,546  
Horizon Financial Corp.
     255,032       5,557  
International Bancshares Corp.
     122,210       3,131  
MoneyGram International, Inc.
     388,100       10,847  

 

 

                 
    Shares     Value  
OneBeacon Insurance Group Ltd.
     283,400       7,179  
StanCorp Financial Group, Inc.
     186,200       9,772  
UCBH Holdings, Inc. (b)
     303,400       5,543  
Washington Federal, Inc.
     184,804       4,493  
West Coast Bancorp (b)
     170,853       5,192  
 
              
 
             107,776  
 
              
 
                
Health Care (11.7%)
                
Cooper Cos., Inc. (The) (b)
     582,200       31,043  
PerkinElmer, Inc.
     316,500       8,248  
Perrigo Co. (b)
     429,000       8,400  
PolyMedica, Corp.
     90,000       3,677  
STERIS Corp. (b)
     949,000       29,039  
Vital Signs, Inc.
     80,094       4,449  
 
              
 
             84,856  
 
              
 
                
Industrials (31.7%)
                
A.O. Smith Corp. (b)
     142,000       5,664  
Administaff, Inc.
     209,200       7,006  
American Ecology Corp. (b)
     214,300       4,590  
BlueLinx Holdings, Inc.
     223,400       2,343  
Brady Corp., Cl A (b)
     166,000       6,165  
Donaldson Co., Inc. (b)
     229,400       8,155  
Dynamic Materials Corp. (b)
     326,200       12,233  
Forward Air Corp. (b)
     357,211       12,177  
Franklin Electric Co., Inc. (b)
     115,400       5,445  
GATX Corp.
     408,500       20,119  
Gol Linhas Aereas Inteligentes SA ADR (b)
     66,092       2,180  
Graco, Inc. (b)
     442,100       17,808  
Greenbrier Cos., Inc. (The) (b)
     208,200       6,292  
Grupo Aeroportuario del Pacifico SA de CV ADR
     574,900       28,355  
Guangshen Railway Co. Ltd. ADR (b)
     15,100       611  
Heartland Express, Inc. (b)
     376,200       6,132  
Herman Miller, Inc. (b)
     262,900       8,308  
IDEX Corp. (b)
     180,900       6,972  
Lennox International, Inc.
     49,331       1,689  
LSI Industries, Inc.
     207,787       3,719  
McGrath Rentcorp (b)
     237,100       7,988  
Mueller Water Products, Inc., Cl B
     96,680       1,450  
Multi-Color Corp.
     63,600       2,500  
Portec Rail Products, Inc.
     145,427       1,758  
Quixote Corp.
     148,034       2,768  
Seaspan Corp. (b)
     287,067       9,238  
Supreme Industries, Inc., Cl A
     41,505       288  
Titan International, Inc. (b)
     35,600       1,125  
UAP Holding Corp. (b)
     75,400       2,273  
United Industrial Corp. (b)
     106,500       6,388  
UTI Worldwide, Inc. (b)
     231,600       6,205  
Wabtec Corp. (b)
     478,700       17,487  
Walter Industries, Inc.
     156,300       4,526  
 
              
 
             229,957  
 
              
 
                
Information Technology (6.4%)
                
Black Box Corp.
     139,600       5,777  
Cohu, Inc.
     334,300       7,438  
Fair Isaac Corp.
     384,000       15,407  
Ituran Location & Control Ltd.
     29,000       364  
Keithley Instruments, Inc.
     246,700       3,096  
Nam Tai Electronics, Inc.
     337,200       4,019  
Tektronix, Inc.
     293,400       9,899  
 
              
 
             46,000  
 
              

 

 

                 
    Shares     Value  
Materials (8.2%)
                
Aber Diamond Corp. (b)
     127,300       4,877  
Agnico-Eagle Mines Ltd.
     140,800       5,139  
AMCOL International Corp. (b)
     179,600       4,905  
Compass Minerals International, Inc.
     130,000       4,506  
Cytec Industries, Inc.
     122,300       7,799  
Greif, Inc., Cl A
     12,200       727  
Louisiana-Pacific Corp. (b)
     260,700       4,932  
Myers Industries, Inc. (b)
     113,396       2,507  
RPM International, Inc.
     394,400       9,115  
Scotts Miracle-Gro Co., Cl A (The) (b)
     202,700       8,704  
Valspar Corp. (The)
     210,100       5,969  
 
              
 
             59,180  
 
              
 
                
Telecommunication Services (0.8%)
                
Alaska Communications Systems Group, Inc.
     345,200       5,468  
 
              
 
                
Utilities (2.4%)
                
Companhia de Saneamento Basico do
     159,000       7,010  
Estado de Sao Paulo ADR PNM Resources, Inc. (b)
     228,800       6,358  
Portland General Electric Co.
     137,700       3,778  
 
              
 
             17,146  
 
              
Total Common Stocks (Cost $584,737)
             709,040  
 
              
 
                
Short-Term Investment (37.2%)
                
Credit Suisse Enhanced Liquidity Fund (c)
     269,091,123       269,091  
 
              
Total Short-Term Investment (Cost $269,091)
             269,091  
 
              
Money Market Fund (3.1%)
                
STI Classic Institutional Cash Management Money Market Fund (d)
     22,169,829       22,170  
 
              
Total Money Market Fund (Cost $22,170)
             22,170  
 
              
 
                
Total Investments (Cost $875,998) (a) - 138.3%
             1,000,301  
Liabilities in excess of other assets - (38.3)%
             (276,824 )
 
              
Net Assets - 100.0%
           $ 723,477  
 
              
 
*   Non-income producing security.
 
(a)   Cost for federal income tax purposes is $876,503 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ 142,301  
Unrealized Depreciation
     (18,503 )
 
      
Unrealized Appreciation (Depreciation)
   $ 123,798  
 
      
(b)   This security or a partial position of the security was on loan at June 30, 2007. The total value of securities on loan at June 30, 2007 in thousands was $260,894.
(c)   This security was purchased with cash collateral held from securities lending.
(d)   Affiliate investment.
ADR – American Depositary Receipt
Cl – Class
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC EQUITY FUNDS
Life Vision Aggressive Growth Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares     Value  
Equity Funds (97.2%)
                
STI Classic Aggressive Growth Stock Fund, I Shares * (b)
     339     $ 4,649  
STI Classic Emerging Growth Stock Fund, I Shares * (b)
     79       1,161  
STI Classic International Equity Index Fund, I Shares (b)
     584       11,629  
STI Classic Large Cap Core Equity Fund, I Shares (b)
     605       11,571  
STI Classic Large Cap Growth Stock Fund, I Shares (b)
     200       2,729  
STI Classic Large Cap Quantitative Equity Fund, I Shares (b)
     392       5,783  
STI Classic Large Cap Value Equity Fund, I Shares (b)
     611       9,860  
STI Classic Mid-Cap Core Equity Fund, I Shares (b)
     160       2,320  
STI Classic Mid-Cap Value Equity Fund, I Shares (b)
     104       1,447  
STI Classic Select Large Cap Growth Stock Fund, I Shares (b)
     95       2,729  
STI Classic Small Cap Growth Stock Fund, I Shares * (b)
     26       579  
STI Classic Small Cap Value Equity Fund, I Shares (b)
     94       1,746  
 
              
Total Equity Funds (Cost $40,895)
             56,203  
 
              
 
                
Money Market Fund (3.0%)
                
STI Classic Prime Quality Money Market Fund, I Shares (b)
     1,721,049       1,721  
 
              
Total Money Market Fund (Cost $1,721)
             1,721  
 
              
 
                
Total Investments (Cost $42,616) (a) — 100.2%
             57,924  
Liabilities in excess of other assets — (0.2)%
             (131 )
 
              
Net Assets — 100.0%
           $ 57,793  
 
              
 
*   Non-income producing security.
 
(a)   Cost for federal income tax purposes is $43,525 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ 14,402  
Unrealized Depreciation
     (3 )
 
      
Unrealized Appreciation (Depreciation)
   $ 14,399  
 
      
(b)   Affiliate investment.
See Notes to Schedules of Portfolio Investments.

 

STI CLASSIC EQUITY FUNDS
Life Vision Conservative Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares     Value  
Equity Funds (27.4%)
                
STI Classic Aggressive Growth Stock Fund, I Shares * (b)
     13,547     $ 186  
STI Classic Emerging Growth Stock Fund, I Shares * (b)
     6,369       93  
STI Classic International Equity Index Fund, I Shares (b)
     25,682       511  
STI Classic Large Cap Core Equity Fund, I Shares (b)
     31,426       600  
STI Classic Large Cap Growth Stock Fund, I Shares (b)
     9,654       131  
STI Classic Large Cap Quantitative Equity Fund, I Shares (b)
     9,391       139  
STI Classic Large Cap Value Equity Fund, I Shares (b)
     27,388       442  
STI Classic Mid-Cap Core Equity Fund, I Shares (b)
     6,395       93  
STI Classic Mid-Cap Value Equity Fund, I Shares (b)
     6,627       92  
STI Classic Select Large Cap Growth Stock Fund, I Shares (b)
     4,506       130  
STI Classic Small Cap Value Equity Fund, I Shares (b)
     5,012       93  
 
              
Total Equity Funds (Cost $1,918)
             2,510  
 
              
 
                
Fixed Income Funds (70.1%)
                
STI Classic Seix Floating Rate High Income Fund, I Shares (b)
     32,177       320  
STI Classic Seix High Yield Fund, I Shares (b)
     17,278       184  
STI Classic Total Return Bond Fund, I Shares (b)
     587,101       5,735  
STI Classic U.S. Government Securities Ultra-Short Bond Fund, I Shares (b)
     18,476       184  
 
              
Total Fixed Income Funds (Cost $6,601)
             6,423  
 
              
 
                
Money Market Fund (3.0%)
                
STI Classic Prime Quality Money Market Fund, I Shares (b)
     276,537       277  
 
              
Total Money Market Fund (Cost $277)
             277  
 
              
 
Total Investments (Cost $8,796) (a) — 100.5%
             9,210  
Liabilities in excess of other assets — (0.5)%
             (42 )
 
              
Net Assets — 100.0%
           $ 9,168  
 
              

 

 
*   Non-income producing security.
 
(a)   Cost for federal income tax purposes is $8,849 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ 544  
Unrealized Depreciation
     (183 )
 
      
Unrealized Appreciation (Depreciation)
   $ 361  
 
      
(b)   Affiliate investment.
See Notes to Schedules of Portfolio Investments.

 

STI CLASSIC EQUITY FUNDS
Life Vision Growth and Income Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares     Value  
Equity Funds (75.4%)
                
STI Classic Aggressive Growth Stock Fund, I Shares * (b)
     653,854     $ 8,971  
STI Classic Emerging Growth Stock Fund, I Shares * (b)
     146,092       2,136  
STI Classic International Equity Index Fund, I Shares (b)
     1,119,516       22,279  
STI Classic Large Cap Core Equity Fund, I Shares (b)
     1,150,010       21,977  
STI Classic Large Cap Growth Stock Fund, I Shares (b)
     376,436       5,127  
STI Classic Large Cap Quantitative Equity Fund, I Shares (b)
     743,468       10,966  
STI Classic Large Cap Value Equity Fund, I Shares (b)
     1,184,787       19,111  
STI Classic Mid-Cap Core Equity Fund, I Shares (b)
     295,053       4,272  
STI Classic Mid-Cap Value Equity Fund, I Shares (b)
     203,867       2,844  
STI Classic Select Large Cap Growth Stock Fund, I Shares (b)
     178,013       5,123  
STI Classic Small Cap Growth Stock Fund, I Shares * (b)
     62,729       1,418  
STI Classic Small Cap Value Equity Fund, I Shares (b)
     177,130       3,286  
 
              
Total Equity Funds (Cost $80,621)
             107,510  
 
              
 
                
Fixed Income Funds (20.9%)
                
STI Classic Seix Floating Rate High Income Fund, I Shares (b)
     143,137       1,426  
STI Classic Seix High Yield Fund, I Shares (b)
     134,497       1,431  
STI Classic Total Return Bond Fund, I Shares (b)
     2,602,739       25,428  
STI Classic U.S. Government Securities Ultra-Short Bond Fund, I Shares (b)
     143,713       1,429  
 
              
Total Fixed Income Funds (Cost $30,415)
             29,714  
 
              
 
                
Money Market Fund (4.0%)
                
STI Classic Prime Quality Money Market Fund, I Shares (b)
     5,715,407       5,715  
 
              
Total Money Market Fund (Cost $5,715)
             5,715  
 
              
 
                
Total Investments (Cost $116,751) (a) — 100.3%
             142,939  
Liabilities in excess of other assets — (0.3)%
             (471 )
 
              
Net Assets — 100.0%
           $ 142,468  
 
              

 

 
*   Non-income producing security.
 
(a)   Cost for federal income tax purposes is $118,035 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ 25,634  
Unrealized Depreciation
     (730 )
 
      
Unrealized Appreciation (Depreciation)
   $ 24,904  
 
      
(b)   Affiliate investment.
See Notes to Schedules of Portfolio Investments.

 

STI CLASSIC EQUITY FUNDS
Life Vision Moderate Growth Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares     Value  
Equity Funds (55.5%)
                
STI Classic Aggressive Growth Stock Fund, I Shares * (b)
     759,597     $ 10,422  
STI Classic Emerging Growth Stock Fund, I Shares * (b)
     158,731       2,321  
STI Classic International Equity Index Fund, I Shares (b)
     1,334,072       26,548  
STI Classic Large Cap Core Equity Fund, I Shares (b)
     1,382,532       26,420  
STI Classic Large Cap Growth Stock Fund, I Shares (b)
     459,556       6,259  
STI Classic Large Cap Quantitative Equity Fund, I Shares (b)
     893,788       13,183  
STI Classic Large Cap Value Equity Fund, I Shares (b)
     1,421,546       22,930  
STI Classic Mid-Cap Core Equity Fund, I Shares (b)
     367,362       5,319  
STI Classic Mid-Cap Value Equity Fund, I Shares (b)
     231,757       3,233  
STI Classic Select Large Cap Growth Stock Fund, I Shares (b)
     217,320       6,254  
STI Classic Small Cap Growth Stock Fund, I Shares * (b)
     102,068       2,308  
STI Classic Small Cap Value Equity Fund, I Shares (b)
     212,213       3,937  
 
              
Total Equity Funds (Cost $99,721)
             129,134  
 
              
 
                
Fixed Income Funds (40.4%)
                
STI Classic Seix Floating Rate High Income Fund, I Shares (b)
     464,910       4,631  
STI Classic Seix High Yield Fund, I Shares (b)
     218,426       2,324  
STI Classic Total Return Bond Fund, I Shares (b)
     8,643,651       84,448  
STI Classic U.S. Government Securities Ultra-Short Bond Fund, I Shares (b)
     233,391       2,320  
 
              
Total Fixed Income Funds (Cost $96,063)
             93,723  
 
              
 
                
Money Market Fund (4.0%)
                
STI Classic Prime Quality Money Market Fund, I Shares (b)
     9,212,175       9,212  
 
              
Total Money Market Fund (Cost $9,212)
             9,212  
 
              
 
                
Total Investments (Cost $204,996) (a) — 99.9%
             232,069  
Other assets in excess of liabilities — 0.1%
             193  
 
              
Net Assets — 100.0%
           $ 232,262  
 
              

 

 

 
*   Non-income producing security.
 
(a)   Cost for federal income tax purposes is $207,886 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ 26,589  
Unrealized Depreciation
     (2,406 )
 
      
Unrealized Appreciation (Depreciation)
   $ 24,183  
 
      
(b)   Affiliate investment.
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC EQUITY FUNDS
Life Vision Target Date 2015 Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares     Value  
Equity Funds (82.2%)
                
STI Classic Aggressive Growth Stock Fund, I Shares * (b)
     14,658     $ 201  
STI Classic Emerging Growth Stock Fund, I Shares * (b)
     2,954       43  
STI Classic International Equity Index Fund, I Shares (b)
     25,297       503  
STI Classic Large Cap Core Equity Fund, I Shares (b)
     26,894       515  
STI Classic Large Cap Growth Stock Fund, I Shares (b)
     8,460       115  
STI Classic Large Cap Quantitative Equity Fund, I Shares (b)
     17,416       257  
STI Classic Large Cap Value Equity Fund, I Shares (b)
     26,479       427  
STI Classic Mid-Cap Core Equity Fund, I Shares (b)
     6,919       100  
STI Classic Mid-Cap Value Equity Fund, I Shares (b)
     4,097       57  
STI Classic Select Large Cap Growth Stock Fund, I Shares (b)
     4,001       115  
STI Classic Small Cap Growth Stock Fund, I Shares * (b)
     1,266       29  
 
              
Total Equity Funds (Cost $2,189)
             2,362  
 
              
 
                
Fixed Income Funds (12.9%)
                
STI Classic Seix Floating Rate High Income Fund, I Shares (b)
     2,856       28  
STI Classic Seix High Yield Fund, I Shares (b)
     5,366       58  
STI Classic Total Return Bond Fund, I Shares (b)
     26,252       257  
STI Classic U.S. Government Securities Ultra-Short Bond Fund, I Shares (b)
     2,867       28  
 
              
Total Fixed Income Funds (Cost $373)
             371  
 
              
 
                
Exchange Traded Fund (2.5%)
                
iShares Russell 2000 Value Index Fund *
     866       71  
 
              
 
Total Exchange Traded Fund (Cost $69)
             71  
 
              
 
Money Market Fund (2.0%)
                
STI Classic Prime Quality Money Market Fund, I Shares (b)
     57,812       58  
 
              
Total Money Market Fund (Cost $58)
             58  
 
              

 

 

                 
    Shares     Value  
Total Investments (Cost $2,689) (a) — 99.6%
             2,862  
Other assets in excess of liabilities — 0.4%
             11  
 
              
Net Assets — 100.0%
           $ 2,873  
 
              
 
*   Non-income producing security.
 
(a)   Cost for federal income tax purposes is $2,691 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ 176  
Unrealized Depreciation
     (5 )
 
      
Unrealized Appreciation (Depreciation)
   $ 171  
 
      
(b)   Affiliate investment.
See Notes to Schedules of Portfolio Investments.

 

STI CLASSIC EQUITY FUNDS
Life Vision Target Date 2025 Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares     Value  
Equity Funds (91.8%)
                
STI Classic Aggressive Growth Stock Fund, I Shares * (b)
     32,844     $ 451  
STI Classic Emerging Growth Stock Fund, I Shares * (b)
     5,779       84  
STI Classic International Equity Index Fund, I Shares (b)
     55,160       1,098  
STI Classic Large Cap Core Equity Fund, I Shares (b)
     58,586       1,119  
STI Classic Large Cap Growth Stock Fund, I Shares (b)
     18,618       254  
STI Classic Large Cap Quantitative Equity Fund, I Shares (b)
     37,939       560  
STI Classic Large Cap Value Equity Fund, I Shares (b)
     58,825       949  
STI Classic Mid-Cap Core Equity Fund, I Shares (b)
     15,504       224  
STI Classic Mid-Cap Value Equity Fund, I Shares (b)
     8,032       112  
STI Classic Select Large Cap Growth Stock Fund, I Shares (b)
     8,812       254  
STI Classic Small Cap Growth Stock Fund, I Shares * (b)
     2,482       56  
 
              
Total Equity Funds (Cost $4,760)
             5,161  
 
              
 
Fixed Income Fund (3.0%)
                
STI Classic Total Return Bond Fund, I Shares (b)
     17,103       167  
 
              
Total Fixed Income Fund (Cost $169)
             167  
 
              
 
                
Exchange Traded Fund (3.0%)
                
iShares Russell 2000 Value Index Fund *
     2,037       168  
 
              
 
                
Total Exchange Traded Fund (Cost $162)
             168  
 
            
 
Money Market Fund (2.1%)
                
STI Classic Prime Quality Money Market Fund, I Shares (b)
     119,161       119  
 
              
Total Money Market Fund (Cost $119)
             119  
 
              
 
                
Total Investments (Cost $5,210) (a) — 99.9%
             5,615  
Other assets in excess of liabilities — 0.1%
             6  
 
              
Net Assets — 100.0%
           $ 5,621  
 
              
 
*    Non-income producing security.

 

 
(a)   Cost for federal income tax purposes is $5,213 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ 408  
Unrealized Depreciation
     (6 )
 
      
Unrealized Appreciation (Depreciation)
   $ 402  
 
      
(b)   Affiliate investment.
See Notes to Schedules of Portfolio Investments.

 

STI CLASSIC EQUITY FUNDS
Life Vision Target Date 2035 Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares     Value  
Equity Funds (93.5%)
                
STI Classic Aggressive Growth Stock Fund, I Shares * (b)
     10,552     $ 145  
STI Classic Emerging Growth Stock Fund, I Shares * (b)
     2,473       36  
STI Classic International Equity Index Fund, I Shares (b)
     18,206       363  
STI Classic Large Cap Core Equity Fund, I Shares (b)
     18,857       360  
STI Classic Large Cap Growth Stock Fund, I Shares (b)
     6,108       83  
STI Classic Large Cap Quantitative Equity Fund, I Shares (b)
     12,207       180  
STI Classic Large Cap Value Equity Fund, I Shares (b)
     19,263       311  
STI Classic Mid-Cap Core Equity Fund, I Shares (b)
     4,989       72  
STI Classic Mid-Cap Value Equity Fund, I Shares (b)
     3,231       45  
STI Classic Select Large Cap Growth Stock Fund, I Shares (b)
     2,890       83  
STI Classic Small Cap Growth Stock Fund, I Shares * (b)
     797       18  
 
              
Total Equity Funds (Cost $1,550)
             1,696  
 
              
 
                
Fixed Income Fund (1.0%)
                
STI Classic Total Return Bond Fund, I Shares (b)
     1,835       18  
 
              
Total Fixed Income Fund (Cost $18)
             18  
 
              
 
                
Exchange Traded Fund (3.0%)
                
iShares Russell 2000 Value Index Fund*
     656       54  
 
              
Total Exchange Traded Fund (Cost $51)
             54  
 
              
 
                
Money Market Fund (2.1%)
                
STI Classic Prime Quality Money Market Fund, I Shares (b)
     38,570       39  
 
              
Total Money Market Fund (Cost $39)
             39  
 
              
 
                
Total Investments (Cost $1,658) (a) - 99.6%
             1,807  
Other assets in excess of liabilities - 0.4%
             7  
 
              
Net Assets - 100.0%
           $ 1,814  
 
              
 
*   Non-income producing security.

 

 

(a)   Cost for federal income tax purposes is $1,658 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ 151  
Unrealized Depreciation
     (2 )
 
      
Unrealized Appreciation (Depreciation)
   $ 149  
 
      
 
(b)   Affiliate investment.
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC FIXED INCOME FUNDS
Georgia Tax-Exempt Bond Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares        
    or        
    Principal        
    Amount     Value  
Municipal Bonds (97.9%)
                
Georgia (93.9%)
                
Association County Commissioners of
        
Georgia Leasing Program, Georgia Public Purpose Project, COP, 5.250%, 04/01/21, Callable 04/01/14 @ 102
   $ 2,680     $ 2,858  
Athens Housing Authority, Student
            
Housing Lease Project, RB, 5.250%, 12/01/21, Callable 12/01/12 @ 100, AMBAC
     1,000       1,043  
Atlanta Airport Passenger Facility
            
Charge, Ser J, RB, 5.000%, 01/01/34, Callable 01/01/15 @ 100, FSA
     11,000       11,270  
Atlanta Airport Project, Ser A, RB,
            
AMT, 5.375%, 01/01/19, Callable 07/01/14 @ 100, FSA
     5,000       5,260  
Atlanta Development Authority, Student
            
Housing Facilities, Georgia State University, RB, 5.000%, 09/01/30, Callable 09/01/15 @ 100, XLCA
     2,600       2,681  
Augusta Water & Sewer Authority, RB,
            
5.250%, 10/01/34, Callable 10/01/14 @ 100, FSA
     2,000       2,103  
Augusta Water & Sewer Authority, RB,
            
5.250%, 10/01/39, Callable 10/01/14 @ 100, FSA
     5,000       5,245  
Barrow County, GO, 4.500%, 10/01/11,
            
FGIC
     1,255       1,283  
Brunswick Water & Sewer, Refunding &
            
Improvement Project, RB, 6.100%, 10/01/14, MBIA
     1,000       1,107  
Burke County Development Authority
            
Pollution Control, Vogtle Project, RB, 3.840%, 10/01/32 (b)
     1,402       1,402  
Burke County Development Authority,
            
Pollution Control, Vogtle Project, RB, 4.000%, 10/01/32 (b)
     4,043       4,043  
Carroll County Water Authority, Water
            
& Sewer, RB, 5.250%, 07/01/22, Callable 07/01/15 @ 100, FSA
     1,000       1,068  
Carrollton Payroll Development
            
Authority, UWG Campus Center, RB, 5.250%, 08/01/27, Callable 8/01/14 @ 100, MBIA
     1,000       1,054  
Central Valdosta Development
            
Authority, Lowndes County Judicial Project, RB, 5.250%, 06/01/21, Callable 06/01/13 @ 102
     1,885       2,000  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Cherokee County School System, GO,
            
5.000%, 08/01/13, MBIA
     1,000       1,053  
Cobb County Development Authority,
            
Kennesaw State University Project, RB, 5.000%, 07/15/29, Callable 07/15/14 @ 100, MBIA
     2,250       2,320  
Cobb County Development Authority,
            
Kennesaw State University Project, Ser A, RB, 5.000%, 07/15/29, Callable 07/15/14 @ 100, MBIA
     2,000       2,056  
Cobb County Development Authority,
            
Solid Waste Disposal, Georgia Waste Management Project, Ser A, RB, AMT, 5.000%, 04/01/33, Callable 04/01/16 @ 101
     1,000       987  
Cobb-Marietta County, Coliseum &
            
Exhibit Hall Project, RB, 5.500%, 10/01/12, MBIA
     940       987  
College Park Business & Industrial
            
Development Authority, Civic Center Project, RB, 5.750%, 09/01/20, Prerefunded 09/01/10 @ 102, AMBAC
     3,000       3,211  
Coweta County Development Authority,
            
Newnan Water, Sewer & Light Commission, RB, 5.000%, 07/01/25, Callable 07/01/15 @ 100, MBIA
     1,000       1,035  
Dalton Utilities, RB, 6.000%, 01/01/08, MBIA
     3,240       3,277  
Dekalb County Public Safety & Judicial
            
Facilities Authority, Public Safety & Judicial Facility Project, RB, 5.000%, 12/01/29, Callable 01/01/14 @ 101
     1,000       1,032  
Dekalb County, Water & Sewer, RB,
            
5.125%, 10/01/31, Prerefunded 10/01/10 @ 101
     1,200       1,254  
Douglasville-Douglas County Water &
            
Sewer Authority, RB, 5.625%, 06/01/15, Callable 12/01/15 @ 100, AMBAC
     1,390       1,473  
Douglasville-Douglas County Water &
            
Sewer Authority, RB, 5.000%, 06/01/28, Callable 12/01/15 @ 100, MBIA
     2,000       2,068  
Forsyth County Hospital Authority,
            
Baptist Health Care System Project, RB, 6.375%, 10/01/28, ETM
     1,000       1,198  
Forsyth County Water & Sewer
            
Authority, RB, 5.000%, 04/01/28, Callable 04/01/13 @ 100
     1,700       1,742  
Fulton County Development Authority,
            
Cauley Creek Water Facilities, Ser A, RB, AMT, 5.500%, 02/01/17, Callable 02/01/11 @ 100
     1,310       1,362  
Fulton County Development Authority,
            
Georgia Technology Foundation, Ser A, RB, 5.000%, 11/01/31, Callable 05/01/12 @ 100
     1,000       1,023  
Fulton County Development Authority,
            
Molecular Science Building Project, RB, 5.250%, 05/01/22, Callable 05/01/14 @ 100, MBIA
     2,370       2,512  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Fulton County Development Authority,
            
Molecular Science Building Project, RB, 5.250%, 05/01/27, Callable 05/01/14 @ 100, MBIA
     3,375       3,552  
Fulton County Development Authority,
            
Molecular Science Building Project, RB, 5.000%, 05/01/34, Callable 05/01/14 @ 100, MBIA
     1,000       1,029  
Fulton County Development Authority,
            
Spelman College, RB, 5.000%, 06/01/26, Callable 06/01/17 @ 100
     1,650       1,703  
Fulton County Water & Sewer, RB,
            
5.000%, 01/01/16, Callable 07/01/08 @ 101, FGIC
     1,630       1,664  
Fulton County Water & Sewer, RB,
            
5.000%, 01/01/24, Callable 01/01/14 @ 100, FGIC
     2,000       2,067  
Gainesville Redevelopment Authority,
            
Educational Facilities, Riverside Military Academy, RB, 5.125%, 03/01/37, Callable 03/01/17 @ 100
     2,600       2,617  
Georgia Municipal Electric Authority,
            
RB, 8.000%, 01/01/15, Callable 05/21/07 @ 100, ETM
     1,900       2,326  
Georgia State Housing & Financial
            
Authority, Single Family Mortgage, Ser A, RB, GO, AMT, 4.850%, 06/01/37, Callable 12/01/16 @ 100,
     975       942  
Georgia State Housing & Financial
            
Authority, Single Family Mortgage, Ser A, RB, GO, AMT, 4.850%, 12/01/37, Callable 12/01/16 @ 100,
     1,000       966  
Georgia State Private College &
            
Universities Facilities Authority, Mercer University Project, RB, 6.400%, 11/01/11, MBIA, ETM
     1,675       1,771  
Georgia State Road & Tollway
            
Authority, Federal Highway Grant, RAN, 5.000%, 06/01/14, MBIA
     3,000       3,174  
Georgia State Road & Tollway
            
Authority, Federal Highway Grant, RAN, 5.000%, 06/01/18, Callable 06/01/16 @ 100, MBIA
     2,650       2,810  
Georgia State, Ser A, GO, 5.000%,
            
09/01/15
     3,480       3,717  
Georgia State, Ser B, GO, 4.500%,
            
03/01/21, Callable 03/01/16 @ 100
     1,035       1,042  
Gwinnett County Development
            
Authority, Public Schools Project, COP, 5.250%, 01/01/21, Prerefunded 01/01/14 @ 100, MBIA
     2,910       3,105  
Gwinnett County Hospital Authority,
            
Gwinnett Hospital Systems Project, Ser B, RB, 5.000%, 10/01/24, Callable 10/01/14 @ 100
     1,250       1,287  
Gwinnett County, Public Schools
            
Project, COP, 5.250%, 01/01/25, Callable 01/01/14 @ 100, MBIA
     1,500       1,600  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Heard County Development Authority,
            
Pollution Control, RB, 3.800%, 09/01/29 (b)
     1,349       1,349  
Henry County Hospital Authority, Henry
            
Medical Center Project, RB, 5.500%, 07/01/08, Prerefunded 07/01/07 @ 102, AMBAC
     1,640       1,673  
Henry County Water & Sewer
            
Authority, Refunding & Improvements, Ser A, RB, 5.375%, 02/01/13, MBIA
     1,290       1,378  
Henry County Water & Sewer, RB,
            
6.150%, 02/01/20, AMBAC
     2,100       2,461  
Metropolitan Atlanta Rapid Transit
            
Authority, Sales Tax, Ser A, RB, 5.250%, 07/01/21, FGIC
     1,000       1,089  
Metropolitan Atlanta Rapid Transit
            
Authority, Ser E, RB, 7.000%, 07/01/11, ETM
     3,595       3,912  
Milledgeville-Baldwin County
            
Development Authority, Georgia College & State University Foundation, RB, 6.000%, 09/01/33, Callable 09/01/14 @ 101
     2,355       2,642  
Municipal Electric Authority of Georgia,
            
Combustion, Ser A, RB, 5.000%, 11/01/24, Callable 11/01/07 @ 100
     2,000       2,006  
Newnan Hospital Authority, Newnan
            
Hospital Project, RB, 5.500%, 01/01/16, Callable 01/01/13 @100, MBIA
     1,435       1,526  
Newnan Hospital Authority, Newnan
            
Hospital Project, RB, 5.500%, 01/01/17, Callable 01/01/13 @ 100, MBIA
     2,220       2,356  
Oconee County Industrial Development
            
Authority, OIIT Project, RB, 5.250%, 07/01/23, Callable 07/01/13 @ 100
     1,295       1,350  
Paulding County Courthouse,
            
Government Complex Project, GO, 4.750%, 02/01/28, Callable 02/01/17 @ 100, FGIC
     2,000       2,023  
Paulding County School District, GO,
            
6.000%, 02/01/10, MBIA
     1,000       1,051  
Paulding County School District, Ser A,
            
GO, 6.625%, 02/01/08
     525       534  
Upper Oconee Basin Water Authority,
            
RB, 5.000%, 07/01/26, Callable 07/01/15 @ 100, MBIA
     2,000       2,073  
Valdosta & Lowndes County Hospital
            
Authority, South Georgia Medical Center Project, RB, 5.250%, 10/01/27, Callable 10/01/12 @ 101, AMBAC     2,110       2,205  
Valdosta & Lowndes County Hospital
            
Authority, South Georgia Medical Center Project, RB, 5.000%, 10/01/33, Callable 10/01/17 @ 100
     8,000       8,035  
Vidalia Water & Sewer, RB, 6.000%,
            
07/01/07, ETM
     605       605  
Walker, Dade & Catoosa Counties,
            
Hutcheson Medical Project, Ser A, RB, 5.500%, 10/01/08, Callable 10/01/07 @ 102, FSA
     1,370       1,399  
 
              
 
             146,046  
 
              

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Puerto Rico (4.0%)
                
Puerto Rico Electric Power Authority,
            
Ser SS, RB, 5.000%, 07/01/24, Callable
07/01/15 @ 100, MBIA
     1,000       1,043  
Puerto Rico Highway & Transportation
            
Authority, Ser AA, RB, 5.500%,
07/01/19, MBIA
     2,500       2,787  
 
              
Puerto Rico Municipal Finance Agency,
                
Ser A, GO, 5.000%, 08/01/30, Callable
08/01/15 @ 100, FSA
    2,300       2,382  
 
              
 
             6,212  
 
              
Total Municipal Bonds (Cost $150,794)
             152,258  
 
              
 
                
Money Market Funds (0.3%)
                
Federated Tax-Free Obligations Fund
     163,383       163  
 
SEI Tax Exempt Trust, Institutional Tax Free Fund
     375,547       376  
 
              
Total Money Market Funds (Cost $539)
             539  
 
              
 
                
Total Investments (Cost $151,333) (a) — 98.2%
             152,797  
Other assets in excess of liabilities — 1.8%
             2,733  
 
              
Net Assets — 100.0%
           $ 155,530  
 
              
 
(a)   Cost for federal income tax purposes is $151,333 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ 2,267  
Unrealized Depreciation
     (803 )
 
      
Unrealized Appreciation (Depreciation)
   $ 1,464  
 
      
(b)   Variable rate security. Rate presented represents rate in effect at June 30, 2007. Maturity date represents actual maturity date.
AMBAC – Security insured by American Municipal Bond Assurance Corporation
AMT – Alternative Minimum Tax Paper
COP – Certificate of Participation
ETM – Escrowed to Maturity
FGIC – Security insured by Financial Guaranty Insurance Company
FSA – Security insured by Financial Security Assurance
GO – General Obligation
MBIA – Security insured by Municipal Bond Insurance Association
RAN – Revenue Anticipation Note
RB – Revenue Bond
Ser – Series
XLCA – Security insured by XL Capital Assurance, Inc.
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC FIXED INCOME FUNDS
High Grade Municipal Bond Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares        
    or        
    Principal        
    Amount     Value  
Municipal Bonds (105.4%)
                
Alabama (4.2%)
                
Homewood Educational Building
        
Authority, Samford University, Ser A, RB, 5.000%, 12/01/34, Callable 12/01/16 @ 100, MBIA
   $ 2,500     $ 2,578  
Jefferson County Sewer, Ser B-8, RB,
            
5.250%, 02/01/11, Callable 02/01/10 @ 100, FSA
     4,500       4,644  
 
              
 
             7,222  
 
              
 
                
Florida (35.8%)
                
Brevard County School Board, COP,
            
5.500%, 07/01/17, Callable 07/01/12 @100, AMBAC
     1,860       1,982  
Brevard County School Board, COP,
            
5.500%, 07/01/18, Callable 07/01/12 @ 100, AMBAC
     3,015       3,213  
Brevard County Utility Authority, RB,
            
5.250%, 03/01/13, Callable 03/01/12 @ 100, FGIC
     1,000       1,052  
Brevard County Utility Authority, RB,
            
5.250%, 03/01/14, Callable 03/01/12 @ 100, FGIC
     1,000       1,052  
Florida State Board of Education,
            
Capital Outlay, Public Education Project, GO, 9.125%, 06/01/14, ETM
     950       1,227  
Florida State Board of Education,
            
Capital Outlay, Public Education Project, Ser B, GO, 5.250%, 06/01/11, Callable 06/01/08 @ 101
     1,000       1,022  
Florida State Board of Education,
            
Capital Outlay, Public Education Project, Ser B, GO, 5.375%, 06/01/18, Callable 06/01/12 @ 101
     2,130       2,261  
Florida State Board of Education,
            
Capital Outlay, Public Education Project, Ser D, GO, 5.375%, 06/01/15, Callable 06/01/12 @ 100
     1,535       1,627  
Florida State Board of Education,
            
Capital Outlay, Public Education Project, Ser D, GO, 5.625%, 06/01/15, Callable 06/01/10 @ 101
     1,235       1,303  
Florida State Board of Education,
            
Lottery, Ser A, RB, 5.375%, 07/01/15, Callable 07/01/12 @ 101, FGIC
     3,500       3,735  
Florida State Division of Bond Finance,
            
Department of Environmental Protection & Preservation, Ser 2000-A, RB, 5.375%, 07/01/11, Callable 07/01/09 @ 101, FGIC
     2,130       2,211  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Greater Orlando Aviation Authority,
            
Airport Facilities, RB, AMT, 5.500%, 10/01/17, FGIC
     1,810       1,957  
Hillsborough County Industrial
            
Development Authority, University Community Hospital Project, RB, 6.500%, 08/15/19, MBIA
     145       170  
Jacksonville Electric Authority,
            
Electrical Systems Project, Ser 3-A, RB, 5.250%, 10/01/13, Callable 10/01/07 @ 101
     1,000       1,014  
Jacksonville Health Facilities Authority,
            
Charity Obligation Group, Ser C, RB, 5.750%, 08/15/13, Prerefunded 08/15/11 @ 101
     3,090       3,235  
Jacksonville Sales Tax, RB, 5.500%,
            
10/01/13, Callable 10/01/11 @ 100, AMBAC
     1,435       1,520  
Jacksonville Sales Tax, RB, 5.500%,
            
10/01/14, Callable 10/01/11 @ 100, AMBAC
     1,200       1,269  
Jacksonville Sales Tax, RB, 5.500%,
            
10/01/15, Callable 10/01/11 @ 100, AMBAC
     1,550       1,639  
Lee County Memorial Health Systems
            
Hospital, Ser A, RB, 5.750%, 04/01/15, Callable 04/01/12 @ 100, FSA
     1,000       1,073  
Lee County Transportation Facility
            
Authority, Ser A, RB, 5.500%, 10/01/13, Callable 10/01/11 @ 100, AMBAC
     2,000       2,118  
Manatee County Improvement Project,
            
RB, 5.000%, 10/01/23, Callable 10/01/14 @ 100, FGIC
     2,095       2,167  
Miami Parking Facilities Authority, RB,
            
5.250%, 10/01/15, MBIA
     1,000       1,070  
Miami-Dade County Aviation, Miami
            
International Airport, Ser A, RB, AMT, 5.000%, 10/01/37, Callable 10/01/15 @ 100, XLCA
     915       930  
Orange County Tourist Development
            
Tax Authority, RB, 5.500%, 10/01/11, Callable 10/1/09 @ 100, AMBAC
     3,030       3,136  
Osceola County Tourist Development
            
Tax Authority, Ser A, RB, 5.500%, 10/01/15, Callable 10/01/12 @ 100, FGIC
     1,000       1,068  
Palm Beach County School Board
            
Authority, Ser C, COP, 5.500%, 08/01/14, Callable 08/01/12 @ 100, FSA
     2,735       2,922  
Pensacola Airport Authority, Ser A, RB,
            
AMT, 6.250%, 10/01/09, AMBAC
     505       529  
Pensacola Airport Authority, Ser A, RB,
            
AMT, 6.000%, 10/01/12, Callable 10/01/08 @ 102, MBIA
     1,075       1,119  
Polk County School District Sales Tax
            
Authority, RB, 5.250%, 10/01/15, Callable 10/01/14 @ 100, FSA
     2,000       2,138  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Polk County Utility Systems Authority,
            
RB, 6.000%, 10/01/08, FGIC, ETM
     985       999  
Sarasota, GO, 5.000%, 07/01/32,
            
Callable 07/01/17 @ 100, MBIA
     3,000       3,106  
Tampa Guaranteed Entitlement
            
Authority, RB, 6.000%, 10/01/18, AMBAC
     500       554  
Tampa Sales Tax Authority, Ser A, RB,
            
5.375%, 10/01/14, Callable 10/01/11 @ 101, AMBAC
     1,640       1,743  
Tampa, University of Tampa Project,
            
RB, 5.000%, 04/01/28, Callable 04/01/16 @ 100, CIFG
    5,000       5,175  
 
              
 
             61,336  
 
              
 
                
Illinois (3.0%)
                
Chicago Housing Authority, Capital
            
Program, RB, 5.000%, 07/01/23, Callable 07/01/16 @ 100, FSA
     5,000       5,183  
 
              
Indiana (2.9%)
                
Indiana Health & Educational Facilities
            
Financing Authority, Health System, Sisters of St. Francis Project, Ser B, RB, 3.710%, 11/01/37, MBIA (b)
     5,000       5,000  
 
              
Massachusetts (3.1%)
                
Massachusetts State, Consolidation
            
Lien, Ser A, GO, 5.000%, 03/01/23, Prerefunded 03/01/15 @ 100, FSA
     5,000       5,313  
 
              
New Jersey (2.5%)
                
New Jersey State Transportation Trust
            
Fund Authority, Transportation System, Ser A, RB, 5.250%, 12/15/13, MBIA
     4,000       4,268  
 
              
New York (2.1%)
                
New York, Ser D, GO, 5.000%,
            
02/01/23, Callable 02/01/17 @ 100
     3,500       3,638  
 
              
North Carolina (8.8%)
                
Buncombe County Metropolitan
            
Sewerage District, Sewer System, RB, 3.730%, 07/01/29, XLCA (b)
     1,520       1,520  
Charlotte Governmental Facilities, Ser
            
F, COP, 3.730%, 06/01/33 (b)
     7,709       7,709  
North Carolina Public Improvement, Ser
            
D, GO, 3.720%, 05/01/21, LOC: Landesbank Hessen-Thuringen (b)
    4,742       4,742  
Wake County, Ser B, GO, 3.710%,
            
03/01/24, LOC: Bank of America N.A. (b)
     1,100       1,100  
 
              
 
             15,071  
 
              
 
                
Pennsylvania (4.9%)
                
Allegheny County Airport Authority,
            
Pittsburgh International Airport, Ser B, RB, AMT, 5.000%, 01/01/18, MBIA
    5,000       5,233  
Coatesville School District, GO,
            
5.000%, 08/01/21, Callable 08/01/17 @ 100, FSA
    3,000       3,163  
 
            
 
             8,396  
 
              

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Puerto Rico (18.7%)
           
Puerto Rico Commonwealth Highway &
            
Transportation Authority, RB, 5.250%, 07/01/15, Callable 07/01/13 @ 100, FGIC
     5,860       6,234  
Puerto Rico Commonwealth Highway &
            
Transportation Authority, Ser G, RB, 5.250%, 07/01/15, Callable 07/01/13 @ 100, FGIC
     3,000       3,192  
Puerto Rico Commonwealth Highway &
            
Transportation Authority, Ser I, RB, 5.000%, 07/01/23, Callable 07/01/14 @ 100, FGIC
     3,000       3,111  
Puerto Rico Commonwealth
            
Infrastructure Financing Authority, Special Tax, Ser C, RB, 5.500%, 07/01/17, AMBAC
     10,000       11,106  
Puerto Rico Commonwealth Municipal
            
Finance Agency, Ser A, RB, 5.250%, 08/01/14, Callable 08/01/12 @ 100, FSA
     6,965       7,362  
Puerto Rico Commonwealth Municipal
            
Finance Agency, Ser A, RB, 5.250%, 08/01/16, Callable 08/01/12 @ 100, FSA
    1,020       1,078  
 
              
 
             32,083  
 
              
Texas (17.1%)
                
El Paso Independent School District,
            
School Building, GO, 5.000%, 08/15/27, Callable 08/15/17 @ 100, PSF-GTD
     6,255       6,471  
Frenship Independent School District,
            
School Buildings, GO, 5.000%, 02/15/32, Callable 02/15/17 @ 100, PSF-GTD
     12,000       12,351  
Kermit Independent School District, GO,
            
5.250%, 02/15/37, Callable 02/15/17 @ 100
     4,000       4,210  
San Antonio, General Improvement, GO,
            
5.000%, 02/01/21, Callable 02/01/16 @ 100
     3,805       3,964  
Victoria Independent School District,
            
School Building, GO, 5.000%, 06/15/37, Callable 02/15/17 @ 100, PSF-GTD
    2,350       2,411  
 
              
 
             29,407  
 
              
Washington (2.3%)
                
Washington State, Motor Vehicle Fuel
            
Tax, Ser 2007-B, GO, 5.000%, 07/01/29, Callable 07/01/16 @ 100, FSA
     3,885       4,025  
 
              
Total Municipal Bonds (Cost $181,323)
             180,942  
 
              
 
                
Money Market Fund (9.3%)
                
Federated Tax-Free Obligations Fund
     8,003,933       8,004  
 
                
SEI Tax Exempt Trust, Institutional
            
Tax Free Fund
     7,920,977       7,921  
 
              
Total Money Market Fund (Cost $15,925)
             15,925  
 
              
 
                
Total Investments (Cost $197,248) (a) — 114.7%
             196,867  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Liabilities in excess of other assets — (14.7)%
             (25,293 )
 
              
Net Assets — 100.0%
           $ 171,574  
 
              
 
(a)   Cost for federal income tax purposes is $197,248 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ 976  
Unrealized Depreciation
     (1,357 )
 
      
Unrealized Appreciation (Depreciation)
   $ (381 )
 
      
(b)   Variable rate security. Rate presented represents rate in effect at June 30, 2007. Maturity date represents actual maturity date.
AMBAC – Security insured by American Municipal Bond Assurance Corporation
AMT – Alternative Minimum Tax Paper
CIFG – Security insured by Capitalized Interest Financial Guaranty
COP – Certificate of Participation
ETM – Escrowed to Maturity
FGIC – Security insured by Financial Guaranty Insurance Company
FSA – Security insured by Financial Security Assurance
GO – General Obligation
MBIA – Security insured by Municipal Bond Insurance Association
LOC – Letter of Credit
PSF-GTD – Permanent School Fund Guarantee Program
RB – Revenue Bond
Ser – Series
XLCA – Security insured by XL Capital Assurance, Inc.
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC FIXED INCOME FUNDS
High Income Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares        
    or        
    Principal        
    Amount     Value  
Bank Loans (3.1%)
                
Commercial Services (1.3%)
                
Merrill Corp., 13.562%, 10/01/13 (b) (d)
   $ 1,000     $ 1,005  
 
              
Healthcare — Services (0.7%)
               
Community Health Systems, 0.000%, 04/25/08 (b) (d) (f)
     550       547  
 
              
Telecommunications (1.1%)
               
Wind Acquisition Holdings, 12.609%, 12/07/11 (b) (d)
     777       797  
 
              
Total Bank Loans (Cost $2,327)
             2,349  
 
              
 
                
Corporate Bonds (91.9%)
                
Advertising (5.1%)
                
Affinion Group, Inc., 11.500%,
            
10/15/15, Callable 10/15/10 @ 105.75
     520       562  
Quebecor World Capital Corp., 8.750%,
            
03/15/16, Callable 03/15/11 @ 104.38 (d)
     110       108  
Quebecor World, Inc., 9.750%,
            
01/15/15, Callable 01/15/11 @ 104.88 (d)
     1,040       1,053  
Reader`s Digest Association, Inc.,
            
9.000%, 02/15/17, Callable 02/15/12 @ 104.50 (d)
     1,105       1,033  
Valassis Communications, Inc., 8.250%,
            
03/01/15, Callable 03/01/11 @ 104.13 (d) (e)
    1,120       1,092  
 
              
 
            3,848  
 
              
 
                
Aerospace/Defense (0.3%)
                
Hawker Beechcraft Corp., 8.500%,
            
04/01/15, Callable 04/01/11 @ 104.25 (d)
     205       212  
 
              
Apparel (5.0%)
                
Claire’s Stores, Inc., 10.500%, 06/01/17,
            
Callable 06/01/12 @ 105.25 (d) (e)
     2,140       1,952  
Hanesbrands, Inc., 8.784%, 12/15/14,
            
Callable 12/15/08 @ 102 (b)
     255       259  
Levi Strauss & Co., 8.875%, 04/01/16,
            
Callable 04/01/11 @ 104.44 (e)
     1,500       1,538  
 
              
 
             3,749  
 
              
 
                
Auto Parts & Equipment (1.4%)
                
Goodyear Tire & Rubber Co. (The),
            
9.135%, 12/01/09 (b) (d)
     1,060       1,063  
 
              

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Beverages (0.2%)
                
Cott Beverages, Inc., 8.000%, 12/15/11,
            
Callable 12/15/07 @ 102.67
     175       177  
 
              
Chemicals (3.5%)
                
Ineos Group Holdings PLC, 8.500%,
            
02/15/16, Callable 02/15/11 @ 104.25 (d) (e)
     2,080       2,034  
PQ Corp., 7.500%, 02/15/13, Callable
            
02/15/09 @ 103.75 (b)
     605     641  
 
             2,675  
 
              
 
                
Commercial Services (3.9%)
                
Atlantic Broadband, Inc., 9.375%,
            
01/15/14, Callable 01/15/09 @ 104.69
     675       682  
Cenveo Corp., 7.875%, 12/01/13,
            
Callable 12/01/08 @ 103.94 (e)
     235       230  
Deluxe Corp., 7.375%, 06/01/15,
            
Callable 06/01/11 @ 103.69 (d) (e)
     100       100  
Deluxe Corp., Ser B, 5.125%,
            
10/01/14
     225       191  
Hertz Corp., 10.500%, 01/01/16,
            
Callable 01/01/11 @ 105.25 (e)
     335       370  
Seitel Acquisition Corp., 9.750%,
            
02/15/14 (d)
     55       54  
United Rentals NA, Inc., 6.500%,
            
02/15/12, Callable 02/15/08 @ 103.25
     330       324  
United Rentals NA, Inc., 7.750%,
            
11/15/13, Callable 11/15/08 @ 103.88 (e)
     450       451  
Visant Holdings Corp., 8.750%,
            
12/01/13, Callable 12/01/08 @ 106.563 (e)
     515       536  
 
              
 
             2,938  
 
              
 
                
Diversified Financial Services (6.9%)
                
Americredit Corp., 8.500%, 07/01/15,
            
Callable 07/01/11 @ 104.25 (d)
     115       116  
Buffalo Thunder Development Authority,
            
9.375%, 12/15/14, Callable 12/15/10 @ 104.69 (d)
     145       145  
Ford Motor Credit Co., 8.625%, 11/01/10
     1,410       1,431  
Galaxy Entertainment Finance Co. Ltd.,
            
9.875%, 12/15/12, Callable 12/15/09 @ 104.94 (d)
     100       108  
GMAC LLC,
            
6.625%, 05/15/12
     300       290  
GMAC LLC,
            
6.750%, 12/01/14
     95       91  
GMAC LLC,
            
8.000%, 11/01/31
     790       808  
Hexion US Finance Corp., 9.750%,
            
11/15/14, Callable 11/15/10 @ 104.88
     440       455  
Hexion US Finance Corp., 9.860%,
            
11/15/14, Callable 11/15/08 @ 102 (b)
     80       82  
IDEARC, Inc., 8.000%, 11/15/16,
            
Callable 11/15/11 @ 104
     1,095       1,106  
Level 3 Financing, Inc., 9.150%,
            
02/15/15, Callable 02/15/09 @ 102 (b) (d)
     75       75  
NSG Holdings LLC, 7.750%, 12/15/25 (d)
     475       480  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Snoqualmie Enterprise Authority,
            
9.125%, 02/01/15, Callable 02/01/11 @ 104.56 (d)
    45       46  
 
              
 
            5,233  
 
              
Diversified Minerals (0.7%)
                
FMG Finance Property Ltd., 10.625%,
            
09/01/16 (d)
     435       518  
 
              
Diversified Operations (3.1%)
                
Activant Solutions, Inc., 9.500%,
            
05/01/16, Callable 05/01/11 @ 104.75
     990       973  
Aramark Corp., 8.500%, 02/01/15,
            
Callable 02/01/11 @ 104.25 (d)
     980       997  
Aramark Corp., 8.856%, 02/01/15,
            
Callable 02/01/09 @ 102 (b) (d)
     75       76  
Freeport-McMoRan Copper & Gold,
            
Inc., 8.564%, 04/01/15, Callable 04/01/09 @ 102 (b)
     255       267  
 
              
 
             2,313  
 
              
 
                
Electric (5.5%)
                
Aquila, Inc., 14.875%, 07/01/12 (e)
     1,420       1,811  
Mirant Americas Generation LLC,
            
8.300%, 05/01/11
     300       310  
Reliant Energy, Inc., 6.750%, 12/15/14,
            
Callable 12/15/09 @ 103.38
     1,170       1,193  
Sithe/Independence Funding, Ser A,
            
9.000%, 12/30/13
     750       814  
 
              
 
             4,128  
 
              
 
                
Entertainment (0.3%)
                
Pokagon Gaming Authority, 10.375%,
            
06/15/14, Callable 06/15/10 @ 105.19 (d)
     70       77  
Shingle Springs Tribal Gaming
            
Authority, 9.375%, 06/15/15, Callable 06/15/11 @ 104.69 (d)
    135       136  
 
              
 
             213  
 
              
Food (2.2%)
                
Pinnacle Foods Holding Corp.,
            
10.625%, 04/01/17, Callable 04/01/12 @ 105.31 (d) (e)
     1,275       1,227  
Smithfield Foods, Inc., 7.750%,
            
07/01/17
    450       450  
 
              
 
            1,677  
 
              
 
                
Forest Products & Paper (2.0%)
                
Boise Cascade LLC, 8.231%, 10/15/12,
            
Callable 08/21/12 @ 102 (b)
     600       600  
Bowater Canada Finance Corp., 7.950%,
            
11/15/11
     190       179  
Verso Paper Holdings LLC, 9.106%,
            
08/01/14, Callable 08/01/08 @ 102 (b) (d) (e)
     745       760  
 
              
 
             1,539  
 
              
 
                
Healthcare — Services (15.6%)
                
Accellent, Inc., 10.500%, 12/01/13,
            
Callable 12/01/09 @ 105.25
     560       556  
Community Health Systems, Inc.,
            
6.500%, 12/15/12, Callable 12/15/08 @ 103.25
     830       866  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Community Health Systems, Inc.,
            
8.875%, 07/15/15, Callable 07/15/11 @ 104.44 (d)
     3,440       3,486  
HCA, Inc., 9.625%, 11/15/16, Callable
            
11/15/11 @ 104.81 (d)
     1,865       2,005  
Surgical Care Affiliates, Inc., 10.000%,
            
07/15/17, Callable 07/15/12 @ 105 (d)
     1,400       1,393  
Triad Hospitals, Inc., 7.000%, 11/15/13,
            
Callable 11/15/08 @ 103.50
     1,950       2,050  
Universal Hospital Services, Inc.,
            
8.500%, 06/01/15, Callable 06/01/11 @ 104.25 (d)
     205       203  
Universal Hospital Services, Inc.,
            
8.759%, 06/01/15, Callable 06/01/09 @ 102 (b) (d)
     40       40  
US Oncology, Inc., 10.750%, 08/15/14,
            
Callable 08/15/09 @ 105.38
     1,000       1,070  
 
              
 
             11,669  
 
              
 
                
Household Products/Wares (0.8%)
                
Mobile Services Group, Inc., 9.750%,
            
08/01/14, Callable 08/01/10 @ 104.88 (d)
     600       639  
 
              
Insurance (3.2%)
                
Crum & Forster Holdings Corp.,
            
7.750%, 05/01/17, Callable 05/01/12 @ 103.88 (d)
     260       254  
Hub International Holdings, Inc.,
            
10.250%, 06/15/15, Callable 06/15/11 @ 105.13 (d)
     2,250       2,166  
 
              
 
             2,420  
 
              
 
                
Leisure Time (1.3%)
                
Sabre Holdings Corp., 8.350%,
            
03/15/16
     1,100       990  
 
              
Machinery Diversified (1.7%)
                
Chart Industries, Inc., 9.125%,
            
10/15/15, Callable 10/15/10 @ 104.56
     1,250       1,313  
 
              
 
                
Media (2.3%)
                
Kabel Deutschland GmbH, 10.625%,
            
07/01/14, Callable 07/01/09 @ 105.31
     735       805  
Mediacom Broadband LLC, 8.500%,
            
10/15/15, Callable 10/15/10 @ 104.25 (d)
     205       206  
Mediacom Broadband LLC, 8.500%,
            
10/15/15, Callable 10/15/10 @ 104.25
     555       558  
Quebecor Media, Inc., 7.750%,
            
03/15/16, Callable 03/15/11 @ 103.88
     165       167  
 
              
 
             1,736  
 
              
 
                
Miscellaneous Manufacturer (0.3%)
                
Koppers, Inc., 9.875%, 10/15/13,
            
Callable 10/15/08 @ 104.94
     239       255  
 
              
 
                
Oil & Gas (3.9%)
                
Cie Generale De Geophysique, 7.500%,
            
05/15/15, Callable 05/15/10 @ 103.75
     205       205  
Cie Generale De Geophysique, 7.750%,
            
05/15/17, Callable 05/15/12 @ 103.88
     85       86  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Forest Oil Corp., 7.250%, 06/15/19,
            
Callable 06/15/12 @ 103.63 (d)
     105       102  
Mariner Energy, Inc., 8.000%, 05/15/17,
            
Callable 05/15/12 @ 104
     145       144  
OPTI Canada, Inc., 7.875%, 12/15/14,
            
Callable 12/15/10 @ 104.13 (d)
     725       725  
United Refining Co., 10.500%,
            
08/15/12, Callable 08/15/08 @ 105.25 (d)
     90       93  
United Refining Co., 10.500%,
            
08/15/12, Callable 08/15/08 @ 105.25
     1,540       1,594  
 
              
 
             2,949  
 
              
 
                
Packaging & Containers (0.9%)
                
Graphic Packaging International,
            
9.500%, 08/15/13, Callable 08/15/08 @ 104.75 (e)
     650       675  
 
              
 
Pipelines (4.3%)
                
Dynegy Holdings, Inc., 7.500%,
            
06/01/15 (d)
     1,690       1,591  
Targa Resources, Inc., 8.500%,
            
11/01/13, Callable 11/01/09 @ 104.25 (d)
     1,405       1,426  
Williams Partners LP, 7.250%,
            
02/01/17
     250       251  
 
              
 
             3,268  
 
              
 
                
Real Estate (2.4%)
                
American Real Estate Partners LP,
            
8.125%, 06/01/12, Callable 06/01/08 @ 104.06
     75       75  
American Real Estate Partners LP,
            
7.125%, 02/15/13, Callable 02/15/09 @ 103.56 (d)
     440       425  
American Real Estate Partners LP,
            
7.125%, 02/15/13, Callable 02/15/09 @ 103.56
     25       24  
Realogy Corp., 12.375%, 04/15/15,
            
Callable 04/15/11 @ 106.19 (d) (e)
     1,400       1,278  
 
              
 
             1,802  
 
              
 
                
Retail (4.0%)
                
Brookstone Co., Inc., 12.000%,
            
10/15/12, Callable 10/15/09 @ 106 (e)
     1,300       1,333  
K2, Inc., 7.375%, 07/01/14, Callable
            
07/01/09 @ 103.69
     1,580       1,662  
 
              
 
             2,995  
 
              
 
                
Semiconductors (5.3%)
                
Amkor Technologies, Inc., 7.125%,
            
03/15/11
     160       155  
Amkor Technologies, Inc., 9.250%,
            
06/01/16, Callable 06/01/11 @ 104.63
     180       185  
Freescale Semiconductor, Inc., 10.125%,
            
12/15/16, Callable 12/15/11 @ 105.06 (d) (e)
     1,760       1,654  
NXP Funding LLC, 9.500%, 10/15/15,
            
Callable 10/15/11 @ 104.75 (e)
     1,745       1,719  
Spansion LLC, 8.485%, 06/01/13,
            
Callable 06/01/08 @ 102 (b) (d)
     265       265  
 
              
 
             3,978  
 
              

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Telecommunications (5.3%)
                
Citizens Communications Co., 7.125%,
03/15/19
     190       180  
Clear Channel Communications, Inc., 5.500%, 09/15/14 (e)
     1,300       1,111  
Nordic Telephone Co. Holdings, 8.875%, 05/01/16, Callable 05/01/11 @ 104.438 (d)
     185       196  
Panamsat Corp., 9.000%, 06/15/16, Callable 06/15/11 @ 104.50
     150       157  
Telcordia Technologies, Inc., 9.110%, 07/15/12, Callable 07/15/08 @ 102 (b) (d)
     1,300       1,281  
West Corp., 11.000%, 10/15/16,
Callable 10/15/11 @ 105.50 (e)
     1,055       1,102  
 
              
 
             4,027  
 
              
 
                
Transportation (0.5%)
                
Bristow Group, Inc., 7.500%, 09/15/17, Callable 09/15/12 @ 103.75 (d)
     375       376  
Total Corporate Bonds (Cost $69,330)
             69,375  
 
              
 
                
Short-Term Investment (20.8%)
                
Credit Suisse Enhanced Liquidity Fund (c)
     15,693,483       15,693  
 
              
 
                
Total Short-Term Investment (Cost $15,693)
             15,693  
 
              
 
                
Repurchase Agreement (9.6%)
                
Merrill Lynch & Co., Inc., 5.215%, dated 06/29/07 to be repurchased on 07/02/07, repurchase price $7,271 (collateralized by U.S. Government Agencies; 5.500%, due 05/01/37; total market value $7,417)
     7,268       7,268  
 
              
Total Repurchase Agreement (Cost $7,268)
             7,268  
 
              
 
                
Total Investments (Cost $94,618) (a) - 125.4%
             94,685  
Liabilities in excess of other assets — (25.4)%
             (19,199 )
 
              
Net Assets — 100.0%
           $ 75,486  
 
              
 
(a)   Cost for federal income tax purposes is $94,769 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ —  
Unrealized Depreciation
     (84 )
 
      
Unrealized Appreciation (Depreciation)
   $ (84 )
 
      
Amounts designated as “-” are $0 or have been rounded to $0.
(b)   Variable rate security. Rate presented represents rate in effect at June 30, 2007. Maturity date represents actual maturity date.
 
(c)   This security was purchased with cash collateral held from securities lending.
(d)   Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 47.2% of net assets as of June 30, 2007.
(e)   This security or a partial position of the security was on loan at June 30, 2007. The total value of securities on loan at June 30, 2007 in thousands was $15,057.

 

 

(f)   This security has not settled as of June 30, 2007and thus does not have a rate in effect. The security does not have a stated settlement date and will receive a rate upon settling with the custodian.
LLC – Limited Liability Corporation
LP – Limited Partnership
PLC – Public Limited Company
Ser – Series
Credit Default Swap Agreements
                                     
        Notional   Fixed   Expiration    
Underlying Instrument   Counterparty   Amount ($)   Rate (%)   Date   Value ($)
Abitibi Consolidated, Inc.
   JP Morgan     500       4.50       06/20/09       4  
Abitibi Consolidated, Inc.
   JP Morgan     500       3.45       06/20/12       (16 )
Abitibi Consolidated, Inc.
   JP Morgan     500       5.00       06/20/12       (15 )
North America High Yield Index; Series 8
   Bank of America     2,000       2.75       06/20/12       3  
Samina-Sci Corp.
   JP Morgan     450       3.48       06/20/12       (16 )
Samina-Sci Corp.
   JP Morgan     100       3.48       06/20/12       (4 )
Univision Communications, Inc.
   JP Morgan     1,000       3.80       06/20/12       (25 )
Univision Communications, Inc.
   Citigroup     750       4.10       06/20/12       (5 )
 
                                    
 
                                 (74 )
 
                                    
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC FUNDS
Intermediate Bond Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares        
    or        
    Principal        
    Amount     Value  
Asset-Backed Securities (0.7%)
                
Automobile ABS (0.6%)
                
Daimler Chrysler Auto Trust, Ser
2003-B, Cl A4, 2.860%, 03/09/09
   $ 129     $ 129  
Daimler Chrysler Auto Trust, Ser
2003-B, Cl A4, 6.500%, 11/15/13
     2,195       2,268  
Daimler Chrysler Auto Trust, Ser
2005-A, Cl A4, 3.740%, 02/08/10
     410       405  
 
              
 
             2,802  
 
              
 
                
Credit Card ABS (0.1%)
                
Citibank Credit Card Master Trust I, Ser
1998-2, Cl A, 6.050%, 01/15/10
     550       552  
 
              
Home Equity ABS (0.0%)
                
Contimortgage Home Equity Loan
Trust, Ser 1996-2, Cl A8, 7.900%, 07/15/27
     52       53  
Delta Funding Home Equity Loan Trust,
Ser 1999-3, Cl A1F, 7.462%, 09/15/29
     6       6  
Soundview Home Equity Loan Trust,
Ser 2001-1, Cl A, 6.765%, 04/15/31(b)
     9       9  
 
              
 
             68  
 
              
Total Asset-Backed Securities (Cost $3,459)
             3,422  
 
              
 
                
Collateralized Mortgage Obligations (4.0%)
                
Banc of America Commercial Mortgage,
Inc., Ser 2004-4, Cl A3, 4.128%, 07/10/42
     355       346  
Banc of America Commercial Mortgage,
Inc., Ser 2006-4, Cl A4, 5.634%, 07/10/46
     530       520  
Bear Stearns Commercial Mortgage
Securities, Inc., Ser 2006-PW13, Cl A4, 5.540%, 09/11/41
     430       420  
Bear Stearns Commercial Mortgage
Securities, Inc., Ser 2007-PW16, Cl A4, 5.713%, 06/11/40
     735       730  
Citigroup/Deutsche Bank Commercial
Mortgage Trust, Ser 2005-CD1, Cl A4, 5.225%, 07/15/44 (b)
     415       402  
Citigroup/Deutsche Bank Commercial
Mortgage Trust, Ser 2006-CD2, Cl A4, 5.362%, 01/15/46 (b)
     275       267  
Credit Suisse Mortgage Capital
Certificates, Ser 2007-C3, Cl A4, 5.723%, 06/15/39 (b)
     2,130       2,115  
GE Capital Commercial Mortgage
Corp., Ser 2006-C1, Cl A4, 5.339%, 03/10/44 (b)
     360       350  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
GMAC Commercial Mortgage
            
Securities, Inc., Ser 2003-C2, Cl A1, 4.576%, 05/10/40
     518       508  
GS Mortgage Securities Corp. II, Ser
            
2006-GG6, Cl A2, 5.506%, 04/10/38 (b)
     535       534  
GS Mortgage Securities Corp. II, Ser
           
2006-GG8, Cl A4, 5.560%, 11/10/39 (b)
     375       367  
GS Mortgage Securities Corp. II, Ser
            
2007-GG10, Cl A4, 5.993%, 08/10/45
     2,490       2,490  
JP Morgan Chase Commercial Mortgage
            
Securities Corp., Ser 2006-CB15, Cl A4, 5.814%, 06/12/43 (b)
     560       558  
JP Morgan Chase Commercial Mortgage
            
Securities Corp., Ser 2006-LDP6, Cl A4, 5.475%, 04/15/43 (b)
     385       375  
JP Morgan Chase Commercial Mortgage
            
Securities Corp., Ser 2007-LD11, Cl A4, 6.007%, 06/15/49 (b)
     3,985       3,976  
LB-UBS Commercial Mortgage Trust,
            
Ser 2006-C1, Cl A4, 5.156%, 02/15/31
     790       755  
Morgan Stanley Capital I, Ser
            
2006-HQ10, Cl A4, 5.328%, 11/12/41 (b)
     790       760  
Wachovia Bank Commercial Mortgage
            
Trust, Ser 2006-C23, Cl A4, 5.418%, 01/15/45 (b)
     455       441  
Wachovia Bank Commercial Mortgage
            
Trust, Ser 2007-C31, Cl A2, 5.736%, 06/15/49 (b)
     3,015       3,028  
 
              
Total Collateralized Mortgage Obligations (Cost $19,076)
             18,942  
 
              
 
                
Corporate Bonds (18.5%)
                
Aerospace/Defense (0.3%)
                
United Technologies Corp., 4.875%,
            
05/01/15
     1,400       1,326  
 
              
Airlines (0.4%)
                
Continental Airlines, Inc., Ser A,
            
5.983%, 04/19/22
     1,285       1,249  
Southwest Airlines Co., 5.125%,
            
03/01/17
     775       703  
 
              
 
             1,952  
 
              
 
                
Banks (0.9%)
                
Bank of America Corp., 7.400%,
            
01/15/11
     2,045       2,165  
Wachovia Corp., 5.300%, 10/15/11
     2,035       2,014  
 
              
 
             4,179  
 
              
 
                
Beverages (0.5%)
                
SABMiller PLC, 6.200%, 07/01/11 (c)
     2,152       2,188  
 
              
Building Materials (0.4%)
                
Lafarge SA, 6.150%, 07/15/11
     1,215       1,235  
Owens Corning, Inc., 6.500%, 12/01/16
     810       811  
 
              
 
             2,046  
 
              

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Commercial Services (0.4%)
                
ERAC USA Finance Co., 5.600%,
05/01/15 (c)
     1,200       1,152  
Xerox Corp., 5.500%, 05/15/12
     945       929  
 
              
 
             2,081  
 
              
 
                
Diversified Financial Services (6.8%)
                
ABX Financing Co., 5.750%, 10/15/16
(c)
     1,760       1,720  
CIT Group, Inc., 5.600%, 04/27/11
     1,365       1,354  
Citigroup, Inc., 5.125%, 05/05/14
     1,770       1,712  
Credit Suisse (USA), Inc., 6.500%,
01/15/12
     930       963  
Fund American Cos., Inc., 5.875%,
05/15/13
     2,060       2,026  
General Electric Capital Corp., 4.250%,
01/15/08
     5,400       5,370  
Goldman Sachs Group, Inc. (The),
4.750%, 07/15/13
     2,030       1,921  
Household Finance Corp., 4.125%,
12/15/08
     3,310       3,250  
International Lease Finance Corp., Ser
Q, 5.250%, 01/10/13
     895       875  
International Lease Finance Corp., Ser
R, 5.625%, 09/20/13
     475       474  
Janus Capital Group, Inc., 5.875%,
09/15/11
     845       847  
Jefferies Group, Inc., 5.875%, 06/08/14
     1,830       1,808  
JPMorgan Chase & Co., 6.625%,
03/15/12
     2,060       2,142  
Lazard Group LLC, 7.125%, 05/15/15
     2,375       2,450  
Lehman Brothers Holdings, Inc., Ser I,
5.250%, 02/06/12 (e)
     1,610       1,583  
Morgan Stanley, 5.300%, 03/01/13
     1,970       1,931  
SLM Corp., Ser A, 5.400%, 10/25/11
     1,475       1,351  
Western Union Co., 5.930%, 10/01/16
     885       863  
 
              
 
             32,640  
 
              
 
                
Electric (1.1%)
                
MidAmerican Energy Holdings Co., Ser.
D, 5.000%, 02/15/14
     2,945       2,819  
Nevada Power Co., Ser L, 5.875%,
01/15/15
     530       518  
Oncor Electric Delivery Co., 6.375%,
01/15/15
     1,360       1,379  
Union Electric Co., 5.400%, 02/01/16
     750       715  
 
              
 
             5,431  
 
              
 
                
Insurance (0.9%)
                
American International Group, Ser G,
5.600%, 10/18/16
     2,445       2,410  
MetLife, Inc., 5.000%, 06/15/15
     800       755  
Travelers Cos., Inc. (The), 5.375%,
06/15/12
     990       979  
 
              
 
             4,144  
 
              
 
                
Media (1.3%)
           
News America Holdings, Inc., 9.250%,
02/01/13
     1,510       1,747  
Time Warner Cable, Inc., 5.850%,
05/01/17 (c)
     3,725       3,623  
Time Warner, Inc., 5.500%, 11/15/11
     825       816  
 
              
 
             6,186  
 
              

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
 
              
Miscellaneous Manufacturer (0.6%)
                
General Electric Co., 5.000%,
02/01/13
     1,220       1,183  
Siemens Financierings NV, 5.750%,
10/17/16 (c)
     1,485       1,464  
 
              
 
                
 
             2,647  
 
              
Oil & Gas (1.7%)
                
Anadarko Petroleum Corp., 5.950%,
09/15/16
     1,265       1,235  
Devon Financing Corp. ULC, 6.875%,
09/30/11
     2,400       2,506  
Enterprise Products Operating LP, Ser
B, 5.600%, 10/15/14
     2,160       2,100  
Valero Energy Corp., 6.125%,
06/15/17
     1,740       1,734  
Weatherford International Ltd., 4.950%,
10/15/13
     535       505  
 
              
 
             8,080  
 
              
Pharmaceuticals (0.3%)
                
Merck & Co., Inc., 5.125%, 11/15/11
     1,150       1,134  
Teva Pharmaceutical Finance LLC,
5.550%, 02/01/16
     520       498  
 
              
 
             1,632  
 
              
Pipelines (0.7%)
                
Centerpoint Energy Resources Corp., Ser
B, 7.875%, 04/01/13
     1,560       1,703  
El Paso Natural Gas Co., 5.950%,
04/15/17 (c)
     590       571  
Southern Natural Gas Co., 5.900%,
04/01/17 (c)(e)
     495       479  
Williams Partners LP, 7.250%,
02/01/17
     590       593  
 
              
 
             3,346  
 
              
Retail (0.1%)
                
JC Penny Corp., Inc., 5.075%,
02/15/18
     295       285  
 
              
Software (0.1%)
                
Intuit, Inc., 5.750%, 03/15/17
     415       399  
 
              
Telecommunications (2.0%)
                
AT&T, Inc., 5.100%, 09/15/14
     1,870       1,784  
Cisco Systems, Inc., 5.500%,
02/22/16
     1,960       1,913  
Comcast Corp., 4.950%, 06/15/16 (e)
     1,015       931  
Qwest Communications International,
Inc., 7.250%, 02/15/11, Callable 02/15/08
@ 103.62
     595       599  
Rogers Wireless, Inc., 7.500%,
03/15/15
     925       991  
Verizon Communications, Inc., 5.550%,
02/15/16
     975       950  
Vodafone Group PLC, 5.500%,
            
06/15/11
     2,620       2,599  
 
              
 
             9,767  
 
              
Total Corporate Bonds (Cost $90,238)
             88,329  
 
              
 
                
Foreign Government Bond (1.0%)
                

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Japan (YEN) (1.0%)
                
Japan Government, Ser 22, 0.300%,
09/20/07
    582,750       4,728  
 
              
Total Foreign Government Bond (Cost $4,750)
             4,728  
 
              
 
U.S. Government Agency (1.2%)
                
Fannie Mae (1.2%)
                
4.875%, 08/27/07
     5,895       5,890  
 
              
Total U.S. Government Agency (Cost $5,891)
             5,890  
 
              
 
                
U.S. Government Agency Mortgages (14.3%)
                
Fannie Mae (5.8%)
                
5.725%, 03/01/12
     215       217  
6.260%, 05/01/12
     304       313  
5.500%, 07/15/35 (f)
     24,800       23,916  
5.500%, 06/25/36
     3,075       3,060  
 
              
 
             27,506  
 
              
 
                
Freddie Mac (7.9%)
                
6.500%, 08/01/08
     19       19  
5.500%, 07/15/27
     1,812       1,808  
5.500%, 11/15/28
     3,261       3,251  
5.500%, 05/15/29
     3,473       3,464  
5.500%, 01/15/30
     5,460       5,446  
5.500%, 07/14/35 (f)
     24,962       24,072  
 
              
 
             38,060  
 
              
 
                
Government National Mortgage Association (0.6%)
                
6.378%, 10/16/20 (b)
     175       176  
6.114%, 11/16/21
     39       39  
4.449%, 03/16/25
     324       317  
4.811%, 05/16/27
     432       426  
4.212%, 01/16/28
     395       385  
3.760%, 09/16/28
     429       415  
4.241%, 07/16/29
     198       193  
5.464%, 02/16/31 (b)
     400       390  
5.269%, 03/16/37 (b)
     400       387  
 
              
 
             2,728  
 
              
Total U.S. Government Agency Mortgages (Cost $67,952)
             68,294  
 
              
 
                
U.S. Treasury Obligations (57.9%)
                
U.S. Treasury Notes (57.9%)
                
2.750%, 08/15/07 (e)
     17,295       17,250  
3.375%, 12/15/08 (e)
     44,265       43,290  
3.500%, 08/15/09 (e)
     80,740       78,456  
4.750%, 02/15/10 (e)
     34,485       34,358  
4.500%, 05/15/10
     5,680       5,621  
4.625%, 10/31/11
     32,265       31,889  
4.375%, 08/15/12
     9,795       9,574  
5.125%, 05/15/16
     65       65  
4.625%, 11/15/16 (e)
     48,095       46,611  
4.500%, 05/15/17 (e)
     9,020       8,648  
 
              
Total U.S. Treasury Obligations (Cost $276,008)
             275,762  
 
              
 
                
Short-Term Investment (27.7%)
                
Credit Suisse Enhanced Liquidity Fund (g)
     132,401,528       132,402  
 
              
Total Short-Term Investment (Cost $132,402)
             132,402  
 
              

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Money Market Fund (16.4%)
                
STI Classic Institutional Cash
Management Money Market Fund (d)
     78,495,074       78,495  
 
              
Total Money Market Fund (Cost $78,495)
             78,495  
 
              
Total Investments (Cost $678,271) (a) - 141.7%
             676,264  
Liabilities in excess of other assets - (41.7)%
             (199,060 )
 
              
Net Assets - 100.0%
           $ 477,204  
 
              
 
(a)   Cost for federal income tax purposes is $679,600 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ —  
Unrealized Depreciation
     (3,336 )
 
      
Unrealized Appreciation (Depreciation)
   $ (3,336 )
 
      
(b)   Variable rate security. Rate presented represents rate in effect at June 30, 2007. Maturity date represents actual maturity date.
(c)   Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 2.3% of net assets as of June 30, 2007.
(d)   Affiliate investment.
(e)   This security or a partial position of the security was on loan at June 30, 2007. The total value of securities on loan at June 30, 2007 in thousands was $128,701.
(f)   This security was purchased on a when-issued basis.
(g)   This security was purchased with cash collateral held from securities lending.
Cl – Class
LLC – Limited Liability Corporation
LP – Limited Partnership
PLC – Public Limited Company
Ser – Series
Credit Default Swap Agreements
                                         
            Notional   Fixed   Expiration    
Underlying Instrument   Counterparty   Amount ($)   Rate (%)   Date   Value ($)
Dow Jones CDX Indices; Series 7
   Merrill Lynch     6,000       0.63       12/20/16       27  
Dow Jones CDS Indices; Series 7
   Credit Suisse First Boston     1,270       0.65       12/20/16       13  
Dow Jones CDX Indices; Series 7
   Merrill Lynch     575       0.59       12/20/16       1  
Dow Jones CDX Indices; Series 7
   Merrill Lynch     120       0.59       12/20/16       —  
Dow Jones CDX Indices; Series 7
   Merrill Lynch     120       0.65       12/20/16       1  
Bear Stearns, Inc.
   J.P. Morgan     (500 )     0.45       06/20/17       6  
Bear Stearns, Inc.
   J.P. Morgan     (120 )     0.53       06/20/17       —  
Brunswick Corp.
   Merrill Lynch     (500 )     1.20       03/20/17       (4 )
Brunswick Corp.
   Merrill Lynch     (120 )     1.15       03/20/17       (1 )
Campbell Soup Co.
   Citibank N.A.     (500 )     0.26       03/20/17       (2 )
Campbell Soup Co.
   Citibank N.A.     (120 )     0.33       12/20/17       —  
Canadian Pacific Railway Co.
   Merrill Lynch     (500 )     0.49       06/20/17       (1 )
Canadian Pacific Railway Co.
   Merrill Lynch     (120 )     0.55       06/20/17       (1 )
Gannett Co CDS
   Citibank N.A.     (500 )     0.83       06/20/17       (8 )
Gannett Co CDS
   Citibank N.A.     (120 )     0.81       06/20/17       (2 )
IStar Financial, Inc.
   Citibank N.A.     (500 )     0.88       03/20/17       1  
IStar Financial, Inc.
   Citibank N.A.     (120 )     0.70       03/20/17       (1 )

 

 

                                         
            Notional   Fixed   Expiration    
Underlying Instrument   Counterparty   Amount ($)   Rate (%)   Date   Value ($)
Lennar Corp.
   Credit Suisse First Boston     (635 )     1.56       09/20/17       —  
MBIA, Inc.
   Credit Suisse First Boston     (635 )     0.88       09/20/17       4  
Nucor Corp.
   Citibank N.A.     (500 )     0.30       03/20/17       (4 )
Nucor Corp.
   Citibank N.A.     (120 )     0.42       03/20/17       —  
Quest Diagnostics, Inc.
   Merrill Lynch     (500 )     1.10       03/20/17       9  
Quest Diagnostics, Inc.
   Merrill Lynch     (120 )     0.78       03/20/17       (1 )
Sprint Nextel Corp.
   Citibank N.A.     (500 )     1.05       03/20/17       (1 )
Sprint Nextel Corp.
   Citibank N.A.     (120 )     1.18       03/20/17       1  
Wells Fargo & Co.
   J.P. Morgan     (500 )     0.19       06/20/17       —  
Wells Fargo & Co.
   J.P. Morgan     (120 )     0.22       06/20/17       —  
Weyerhaeuser Co.
   Citibank N.A.     (500 )     0.98       03/20/11       —  
Weyerhaeuser Co.
   Citibank N.A.     (120 )     1.05       03/20/11       (1 )
 
                                        
 
                                     36  
 
                                        
At June 30, 2007 the Fund’s foreign currency exchange contracts were as follows:
                                         
            Contract Amount   Contract           Unrealized
    Delivery   in Local   Value   Market   Appreciation
Currency   Date   Currency   in USD ($)   Value ($)   (Depreciation) ($)
Long
                                        
Japanese Yen
     07/03/07       583,084       4,770       4,736       (34 )
 
                                        
 
                                     (34 )
 
                                        
Amounts designated as “-” are $0 or have been rounded to $0.
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC FIXED INCOME FUNDS
Investment Grade Bond Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares    
    or    
    Principal    
    Amount   Value
Asset-Backed Securities (0.9%)
                
Automobile ABS (0.7%)
                
Daimler Chrysler Auto Trust, Ser
            
 
                
2005-A, Cl A4, 3.740%, 02/08/10
   $ 2,700     $ 2,670  
Credit Card ABS (0.2%) 
                
Citibank Credit Card Issuance Trust, Ser
            
 
                
2008-A7, Cl A7, 4.150%, 07/07/17
     1,000       911  
Total Asset-Backed Securities (Cost $3,575)
             3,581  
 
                
 
                
Collateralized Mortgage Obligations (8.1%) 
                
Banc of America Commercial Mortgage,
Inc., Ser 2004-4, Cl A3, 4.128%, 07/10/42
     2,375       2,315  
Banc of America Commercial Mortgage,
Inc., Ser 2006-4, Cl A4, 5.634%, 07/10/46
     1,675       1,645  
Bear Stearns Commercial Mortgage
Securities, Inc., Ser 2006-PW13, Cl A4,
5.540%, 09/11/41
     1,385       1,354  
Bear Stearns Commercial Mortgage
Securities, Inc., Ser 2007-PW16, Cl A4,
5.713%, 06/11/40
     815       809  
Citigroup/Deutsche Bank Commercial
Mortgage Trust, Ser 2005-CD1, Cl A4,
5.225%, 07/15/44 (b)
     2,995       2,900  
Credit Suisse Mortgage Capital
Certificates, Ser 2007-C3, Cl A4, 5.723%, 06/15/39 (b)
     500       497  
GE Capital Commercial Mortgage
Corp., Ser 2006-C1, Cl A4, 5.339%, 03/10/44 (b)
     2,450       2,379  
GMAC Commercial Mortgage
Securities, Inc., Ser 2003-C2, Cl A1,
4.576%, 05/10/40
     3,081       3,023  
GS Mortgage Securities Corp. II, Ser
2006-GG6, Cl A2, 5.506%, 04/10/38(b)
     3,650       3,643  
GS Mortgage Securities Corp. II, Ser
2006-GG8, Cl A4, 5.560%, 11/10/39(b)
     1,200       1,174  
GS Mortgage Securities Corp. II, Ser
2007-GG10, Cl A4, 5.993%, 08/10/45
     485       485  
JP Morgan Chase Commercial Mortgage
Securities Corp., Ser 2006-CB15, Cl A4,
5.814%, 06/12/43 (b)
     1,865       1,859  

 

 

                 
    Shares    
    or    
    Principal    
    Amount   Value
JP Morgan Chase Commercial Mortgage
Securities Corp., Ser 2006-LDP6, Cl A4,
5.475%, 04/15/43 (b)
     1,235       1,203  
LB-UBS Commercial Mortgage Trust,
Ser 2006-C1, Cl A4, 5.156%, 02/15/31
     2,430       2,321  
Morgan Stanley Capital I, Ser
2006-HQ10, Cl A4, 5.328%, 11/12/41(b)
     2,705       2,602  
Wachovia Bank Commercial Mortgage
Trust, Ser 2006-C23, Cl A4, 5.418%, 01/15/45 (b)
     2,985       2,894  
Wachovia Bank Commercial Mortgage
     675       678  
 
                
Trust, Ser 2007-C31, Cl A2, 5.736%,
06/15/49 (b)
                
Total Collateralized Mortgage Obligations (Cost $32,454)
             31,781  
 
                
 
                
Corporate Bonds (26.3%) 
                
Aerospace/Defense (0.8%) 
                
Boeing Co. (The), 5.125%, 02/15/13
     1,650       1,624  
United Technologies Corp., 4.875%, 05/01/15
     1,430       1,355  
 
                
 
                
 
             2,979  
 
                
 
                
Airlines (0.5%) 
                
Continental Airlines, Inc., Ser A,
5.983%, 04/19/22
     1,425       1,385  
Southwest Airlines Co., 5.125%, 03/01/17
     810       735  
 
                
 
                
 
             2,120  
 
                
 
                
Auto Manufacturers (0.5%) 
                
DaimlerChrysler NA Holding Corp., 8.500%, 01/18/31
     1,475       1,864  
 
                
 
                
Banks (1.3%) 
                
Bank of America Corp., 7.400%, 01/15/11
     2,525       2,674  
Wachovia Corp., 5.300%, 10/15/11
     2,280       2,256  
          4,930  
 
              
 
              
Beverages (0.6%) 
            
SABMiller PLC, 6.200%, 07/01/11 (c)
     2,155       2,191  
 
                
 
                
Building Materials (0.8%) 
                
Lafarge SA, 6.150%, 07/15/11
     1,155       1,175  
Martin Marietta Materials, Inc., 6.250%, 05/01/37
     975       945  
Owens Corning, Inc., 6.500%, 12/01/16
     995       996  
 
                
 
                
 
             3,116  
 
                
 
                
Chemicals (0.4%) 
                
Potash Corp. of Saskatchewan, Inc.,
5.875%, 12/01/36
     1,585       1,483  
 
                
 
                
 
              
 
                
 
                
Commercial Services (0.6%) 
                
ERAC USA Finance Co., 5.600%, 05/01/15 (c)
     1,335       1,281  
Xerox Corp., 5.500%, 05/15/12
     1,055       1,037  
 
                
 
                
 
             2,318  
 
                
 
                
Computers (0.2%) 
                
Dell, Inc., 7.100%, 04/15/28
     515       542  
IBM Corp., 5.875%, 11/29/32
     395       391  
 
                
 
                
 
             933  
 
                

 

 

                 
    Shares    
    or    
    Principal    
    Amount   Value
Diversified Financial Services (7.1%) 
                
ABX Financing Co., 6.350%, 10/15/36 (c)
     1,015       976  
CIT Group, Inc., 5.600%, 04/27/11
     1,705       1,691  
Citigroup, Inc., 5.125%, 05/05/14
     715       692  
Citigroup, Inc., 5.850%, 12/11/34 (d)
     630       602  
Credit Suisse (USA), Inc., 6.500%, 01/15/12
     805       834  
Fund American Cos., Inc., 5.875%, 05/15/13
     2,610       2,567  
Goldman Sachs Group, Inc. (The), 4.750%, 07/15/13
     2,390       2,262  
HSBC Holdings PLC, 7.625%, 05/17/32
     900       1,041  
International Lease Finance Corp., Ser
Q, 5.250%, 01/10/13
     790       772  
International Lease Finance Corp., Ser
R, 5.625%, 09/20/13
     530       529  
Janus Capital Group, Inc., 5.875%, 09/15/11
     910       912  
Jefferies Group, Inc., 6.450%, 06/08/27
     1,990       1,942  
JPMorgan Chase & Co., 6.625%, 03/15/12
     2,625       2,729  
Lazard Group LLC, 7.125%, 05/15/15
     2,705       2,791  
Lehman Brothers Holdings, Inc., Ser I,
5.250%, 02/06/12 (d)
     1,280       1,258  
Merrill Lynch & Co., Inc., 5.770%, 07/25/11 (d)
     2,430       2,453  
Morgan Stanley, 5.300%, 03/01/13
     1,755       1,720  
SLM Corp., Ser A, 5.400%, 10/25/11
     1,650       1,511  
Western Union Co., 5.930%, 10/01/16
     1,000       976  
 
                
 
                
 
             28,258  
 
                
 
                
Electric (2.9%) 
                
Duke Energy Carolinas LLC, 6.100%, 06/01/37
     2,910       2,876  
MidAmerican Energy Holdings Co.,
6.125%, 04/01/36
     1,515       1,464  
Nevada Power Co., Ser L, 5.875%, 01/15/15
     530       518  
Nevada Power Co., Ser R, 6.750%, 07/01/37
     1,130       1,147  
Oncor Electric Delivery Co., 7.000%, 05/01/32
     995       1,048  
Pacific Gas & Electric Co., 6.050%, 03/01/34
     1,660       1,608  
Union Electric Co., 5.400%, 02/01/16
     830       791  
Virginia Electric & Power Co., Ser A,
                
6.000%, 05/15/37
     1,995       1,906  
 
                
 
                
 
             11,358  
 
                
 
                
Insurance (1.1%) 
                
American International Group, Ser G,
5.600%, 10/18/16 (d)
     2,840       2,798  
Metlife, Inc., 5.700%, 06/15/35
     340       314  
Travelers Cos., Inc. (The), 5.375%, 06/15/12
     1,120       1,108  
 
                
 
                
 
             4,220  
 
                
 
                
Machinery Diversified (0.1%) 
                
Caterpillar, Inc., 6.050%, 08/15/36
     295       290  
 
                

 

 

                 
    Shares    
    or    
    Principal    
    Amount   Value
Media (1.5%) 
                
News America Holdings, Inc., 6.200%, 12/15/34
     790       736  
Time Warner Cable, Inc., 5.850%, 05/01/17 (c)
     4,140       4,027  
Time Warner, Inc., 6.500%, 11/15/36
     975       926  
 
                
 
                
 
             5,689  
 
                
 
                
Miscellaneous Manufacturer (1.4%) 
                
General Electric Co., 5.000%, 02/01/13 (d)
     4,270       4,140  
Siemens Financierings NV, 6.125%, 08/17/26 (c)
     1,170       1,155  
 
                
 
                
 
             5,295  
 
                
 
                
Oil & Gas (2.0%) 
                
Anadarko Petroleum Corp., 5.950%, 09/15/16
     1,350       1,318  
Apache Corp., 6.000%, 01/15/37
     955       911  
ConocoPhillips, 5.900%, 10/15/32 (d)
     700       681  
Devon Financing Corp. ULC, 7.875%, 09/30/31
     340       394  
Enterprise Products Operating LP, Ser
B, 5.750%, 03/01/35
     1,155       1,027  
Valero Energy Corp., 6.125%, 06/15/17
     1,935       1,928  
Weatherford International, Inc., 6.500%, 08/01/36
     1,065       1,030  
Western Oil Sands, Inc., 8.375%, 05/01/12
     575       629  
 
                
 
                
 
             7,918  
 
                
 
                
Pharmaceuticals (0.5%) 
                
Merck & Co., Inc., 5.125%, 11/15/11
     1,125       1,109  
Teva Pharmaceutical Finance LLC, 6.150%, 02/01/36
     715       668  
 
                
 
                
 
             1,777  
 
                
 
                
Pipelines (0.7%) 
                
Centerpoint Energy Resources Corp., Ser
B, 7.875%, 04/01/13
     1,020       1,114  
El Paso Natural Gas Co., 5.950%, 04/15/17 (c)
     650       630  
Southern Natural Gas Co., 5.900%,
04/01/17 (c),(d)
     535       517  
Williams Partners LP, 7.250%, 02/01/17
     655       658  
 
                
 
                
 
             2,919  
 
                
 
                
Retail (0.2%) 
                
JC Penny Corp., Inc., 5.075%, 02/15/18
     330       319  
Wal-Mart Stores, Inc., 5.250%, 09/01/35
     575       502  
 
                
 
                
 
             821  
 
                
 
                
Software (0.1%) 
                
Intuit, Inc., 5.750%, 03/15/17
     430       414  
 
                
 
                
Telecommunications (3.0%) 
                
AT&T, Inc., 5.100%, 09/15/14
     1,800       1,717  
AT&T, Inc., 6.450%, 06/15/34
     1,100       1,087  
Cisco Systems, Inc., 5.500%,
02/22/16
     2,225       2,171  

 

 

                 
    Shares    
    or    
    Principal    
    Amount   Value
Comcast Corp., 6.450%, 03/15/37
     995       959  
Qwest Communications International,
Inc., 7.250%, 02/15/11, Callable 02/15/08
@ 103.62
     660       665  
Rogers Wireless, Inc., 7.500%, 03/15/15
     1,035       1,109  
Verizon Communications, Inc., 5.550%, 02/15/16
     1,555       1,515  
Vodafone Group PLC, 5.500%, 06/15/11(d)
     2,865       2,842  
 
                
 
             12,065  
 
                
Total Corporate Bonds (Cost $104,773) 
             102,958  
 
                
 
                
Foreign Government Bonds (1.0%) 
                
Japan (YEN) (1.0%) 
                
Japan Government, Ser 22, 0.300%, 09/20/07
     488,100       3,960  
 
                
Total Foreign Government Bonds (Cost $3,979)
             3,960  
 
                
 
                
U.S. Government Agencies (3.5%) 
                
Fannie Mae (1.9%) 
                
4.875%, 08/27/07 (d)
     6,250       6,244  
3.250%, 02/15/09
     1,000       970  
5.125%, 01/02/14
     500       489  
 
                
 
             7,703  
 
                
 
                
Federal Home Loan Bank (1.4%) 
                
4.739%, 03/03/08 (b)
     2,500       2,496  
5.040%, 03/24/08, Callable 09/24/07 @ 100 (b)
     2,000       1,987  
5.000%, 05/08/18, Callable 08/08/07 @ 100
     1,000       971  
 
                
 
             5,454  
 
                
 
                
Freddie Mac (0.2%) 
                
4.050%, 11/17/09
     700       682  
 
                
Total U.S. Government Agencies (Cost $13,908)
             13,839  
 
                
 
                
U.S. Government Agency Mortgages (14.8%) 
                
Fannie Mae (5.8%) 
                
5.500%, 06/25/36
     3,411       3,394  
5.500%, 07/01/37 (f)
     20,100       19,384  
 
                
 
             22,778  
 
                
 
                
Freddie Mac (8.9%) 
                
5.500%, 07/15/27
     2,018       2,013  
5.500%, 11/15/28
     3,622       3,611  
5.500%, 05/15/29
     3,839       3,829  
5.500%, 01/15/30
     6,067       6,051  
6.500%, 10/01/36 (f)
     20,119       19,402  
 
                
 
             34,906  
 
                
 
                
Government National Mortgage Association (0.1%) 
                
7.000%, 04/15/13
     182       189  
7.000%, 08/15/14
     106       109  
7.000%, 05/15/31
     56       58  
 
                
 
             356  
 
                
Total U.S. Government Agency Mortgages (Cost $57,694)
             58,040  
 
                

 

 

                 
    Shares    
    or    
    Principal    
    Amount   Value
U.S. Treasury Obligations (43.4%) 
                
U.S. Treasury Bonds (6.1%) 
                
6.125%, 11/15/27 (d)
     15,295       17,046  
4.500%, 02/15/36 (d)
     7,790       7,054  
 
                
 
             24,100  
 
                
U.S. Treasury Notes (37.3%) 
                
3.375%, 12/15/08 (d)
     1,985       1,941  
3.500%, 08/15/09 (d)
     15,090       14,663  
4.750%, 02/15/10 (d)
     31,110       30,995  
4.000%, 04/15/10
     29,900       29,211  
4.500%, 05/15/10
     755       747  
4.625%, 10/31/11
     20,215       19,980  
4.375%, 08/15/12 (d)
     19,505       19,065  
4.625%, 11/15/16 (d)
     20,065       19,446  
4.500%, 05/15/17 (d)
     10,630       10,192  
 
                
 
             146,240  
 
                
Total U.S. Treasury Obligations (Cost $171,230)
             170,340  
 
                
 
                
Short-Term Investment (31.5%) 
                
Credit Suisse Enhanced Liquidity Fund (e)
     123,305,998       123,306  
 
                
Total Short-Term Investment (Cost $123,306)
             123,306  
 
                
 
                
Money Market Fund (13.6%) 
                
STI Classic Institutional Cash
     53,146,725       53,147  
 
                
Management Money Market Fund (g)
                
Total Money Market Fund (Cost $53,147)
             53,147  
 
                
 
                
Total Investments (Cost $564,066) (a) — 143.1%
             560,952  
Liabilities in excess of other assets — (43.1)%
             (169,033 )
 
                
Net Assets — 100.0%
           $ 391,919  
 
                
 
(a)   Cost for federal income tax purposes is $565,255 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ —  
Unrealized Depreciation
     (4,303 )
 
      
Unrealized Appreciation (Depreciation)
   $ (4,303 )
 
      
 
(b)   Variable rate security. Rate presented represents rate in effect at June 30, 2007. Maturity date represents actual maturity date.
 
(c)   Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 2.7% of net assets as of June 30, 2007.
 
(d)   This security or a partial position of the security was on loan at June 30, 2007. The total value of securities on loan at June 30, 2007 in thousands was $119,672.
 
(e)   This security was purchased with cash collateral held from securities lending.
 
(f)   This security was purchased on a when-issued basis.
 
(g)   Affiliate investment.
Cl – Class
LLC – Limited Liability Corporation
LP – Limited Partnership
PLC – Public Limited Company
Ser – Series

 

 

Credit Default Swap Agreements
                                         
            Notional   Fixed   Expiration    
Underlying Instrument   Counterparty   Amount ($)   Rate (%)   Date   Value ($)
Dow Jones CDS Indices; Series 7
   Merrill Lynch     6,675,000       0.59       12/20/16       9  
Dow Jones CDS Indices; Series 7
   Credit Suisse First Boston     1,410,000       0.65       12/20/16       14  
Dow Jones CDS Indices; Series 7
   Merrill Lynch     740,000       0.65       12/20/16       4  
Dow Jones CDS Indices; Series 7
   Merrill Lynch     740,000       0.59       12/20/16       (1 )
Bear Stearns, Inc.
   J.P. Morgan     (740,000 )     0.53       06/20/17       3  
Brunswick Corp.
   Merrill Lynch     (740,000 )     1.15       03/20/17       (3 )
Campbell Soup Co.
   Citibank N.A.     (740,000 )     0.33       12/20/17       1  
Canadian Pacific Railway Co.
   Merrill Lynch     (740,000 )     0.55       06/20/17       (5 )
Gannett Co.
   Citibank N.A.     (740,000 )     0.81       06/20/17       (13 )
IStar Financial, Inc.
   Citibank N.A.     (740,000 )     0.70       03/20/17       (8 )
Lennar Corp.
   Citibank N.A.     (705,000 )     1.56       09/20/17       (1 )
MBIA, Inc.
   Credit Suisse First Boston     (705,000 )     0.88       09/20/17       4  
Nucor Corp.
   Citibank N.A.     (740,000 )     0.42       03/20/17       —  
Quest Diagnostics, Inc.
   Merrill Lynch     (740,000 )     0.78       03/20/17       (4 )
Sprint Nextel Corp.
   Citibank N.A.     (740,000 )     1.18       03/20/17       5  
Wells Fargo & Co.
   J.P. Morgan     (740,000 )     0.22       06/20/17       (1 )
Weyerhaeuser Co.
   Citibank N.A.     (740,000 )     1.05       03/20/11       (4 )
                      —
At June 30, 2007 the Fund’s foreign currency exchange contracts were as follows:
                                         
            Contract Amount   Contract           Unrealized
    Delivery   in Local   Value   Market   Appreciation
Currency   Date   Currency   in USD ($)   Value ($)   (Depreciation) ($)
Long
Japanese Yen
     07/03/07       488,380       3,996       3,967       (29 )
 
                                        
Total Long Contracts
                     3,996       3,967       (29 )
 
                                        
Amounts designated as “-” are $0 or have been rounded to $0.
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC FIXED INCOME FUNDS
Investment Grade Tax-Exempt Bond Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares        
    or        
    Principal        
    Amount     Value  
Municipal Bonds (95.6%) 
                
Alabama (4.1%) 
                
Alabama Public School & College
Authority, Capital Improvements, Ser C,
RB, 5.750%, 07/01/17, Callable 07/01/09 @ 101.50
   $ 3,950     $ 4,141  
Alabama Water Pollution Control
Authority, RB, 5.750%, 08/15/12,
Callable 08/15/09 @ 100, AMBAC
     5,205       5,398  
Auburn University, Ser A, RB, 6.000%,
06/01/16, Callable 06/01/11 @ 100, MBIA
     4,060       4,354  
Huntsville, Ser A, GO, 5.625%,
05/01/16, Callable 05/01/12 @ 102
     2,375       2,572  
Huntsville, Ser A, GO, 5.750%,
            
05/01/19, Callable 05/01/12 @ 102
     2,800       3,046  
 
              
 
             19,511  
 
              
 
                
Arizona (0.7%) 
                
Arizona Water Infrastructure Finance
            
Authority, Water Quality, Ser A, RB,
5.625%, 10/01/12, Callable 10/01/09 @ 101
     3,280       3,430  
 
              
 
                
California (6.8%) 
                
California State Department of Water
Resources Power Supply, Ser A, RB,
5.500%, 05/01/14, Callable 05/01/12 @ 101, AMBAC
     3,140       3,376  
California State Department of Water
Resources Power Supply, Ser A, RB,
5.500%, 05/01/15, Callable 05/01/12 @ 101, AMBAC
     5,800       6,237  
California State Public Works Board,
Department of Corrections &
Rehabilitation, Ser F, RB, 5.250%, 11/01/17, FGIC
     4,000       4,354  
California State, Department of Water
Resources Power Supply, Ser A, RB,
6.000%, 05/01/14, Callable 05/01/12 @ 101
     2,950       3,221  
California State, GO, 5.500%, 11/01/33,
Callable 11/01/13 @ 100
     11,000       11,731  
Fresno Unified School District, Ser A,
GO, 6.550%, 08/01/20, Callable 02/01/13 @ 103, MBIA
     1,000       1,146  
Orange County, Loma Ridge/Data
            
Center Project, COP, 6.000%, 06/01/21,
Prerefunded 06/01/19 @ 100, AMBAC
     2,075       2,342  
 
              
 
             32,407  
 
              

 

 

                 
    Shares    
    or    
    Principal    
    Amount   Value
Colorado (1.1%) 
                
Douglas County School District No.
RE1, Douglas & Ebert Counties, GO,
5.750%, 12/15/20, Callable 12/15/14 @
100, FGIC
     2,540       2,793  
Metropolitan Wastewater Reclamation
            
District, RB, 5.450%, 04/01/12, Callable 04/01/08 @ 100
     2,570       2,600  
 
              
 
             5,393  
 
              
 
                
Connecticut (2.9%) 
                
Connecticut State, Ser B, GO, 5.000%, 05/01/17
     12,940       13,824  
 
              
 
                
Florida (6.2%) 
                
Florida State Board of Education, Public
Education, Ser J, GO, 5.000%, 06/01/30,
Callable 06/01/13 @ 101
     5,405       5,551  
Florida State Board of Education, Ser A,
GO, 5.000%, 01/01/16, Callable 1/01/15
@ 101
     2,000       2,118  
Florida State Board of Education, Ser C,
GO, 5.750%, 06/01/23, Prerefunded
06/01/10 @ 101, FGIC
     5,000       5,292  
Florida State Department of
Transportation, Ser A, GO, 5.000%,
07/01/10
     4,100       4,227  
Florida State Turnpike Authority,
Department of Transportation, Ser A, RB,
5.000%, 07/01/14, MBIA
     6,910       7,294  
Tampa, University of Tampa Project,
            
RB, 5.000%, 04/01/28, Callable 04/01/16 @ 100, CIFG
     5,000       5,175  
 
              
 
            
 
             29,657  
 
              
 
                
Georgia (2.2%) 
                
Gwinnett County School District, GO,
5.000%, 02/01/12
     5,000       5,221  
Main Street Natural Gas, Inc., Georgia
            
Gas Project, Ser B, RB, 5.000%, 03/15/12
     5,000       5,172  
 
              
 
                
 
             10,393  
 
              
 
                
Illinois (5.9%) 
                
Chicago O’Hare International Airport,
General Airport Third Lien, Ser A, RB,
5.250%, 01/01/26, Callable 01/01/16 @
100, MBIA
     4,675       4,934  
Illinois State Sales Tax, Ser X, RB,
5.500%, 06/15/13, Callable 06/15/08 @
100.50
     3,390       3,428  
Illinois State Toll Highway Authority,
Ser A-1, RB, 5.000%, 01/01/20, Callable
07/01/16 @ 100, FSA
     2,500       2,618  
Illinois State Toll Highway Authority,
Ser A-1, RB, 5.000%, 01/01/26, Callable
07/01/16 @ 100, FSA
     2,500       2,590  
Illinois State, First Ser, GO, 5.375%,
12/01/15, Callable 12/01/12 @ 100,
FSA
     8,600       9,145  
Illinois State, Ser B, GO, 5.000%, 01/01/17
     5,000       5,295  
 
              
 
                
 
             28,010  
 
              

 

 

                 
    Shares    
    or    
    Principal    
    Amount   Value
Indiana (6.5%) 
                
Indiana Bond Bank, State Funding
Program, Ser B, RB, 5.000%, 02/01/18
     6,320       6,710  
Indiana Health & Educational Facilities
Financing Authority, Health System,
Sisters of St. Francis Project, Ser B, RB,
3.710%, 11/01/37, MBIA (b)
     20,000       20,000  
IPS Multi-School Building Corp., First
            
Mortgage, RB, 5.000%, 07/15/25,
Prerefunded 07/15/13 @ 100, MBIA
     4,015       4,224  
 
              
 
                
 
             30,934  
 
              
 
                
Iowa (0.4%) 
                
Des Moines Public Parking System, Ser
            
A, RB, 6.375%, 06/01/18, Callable
06/01/10 @ 100, FGIC
     2,005       2,136  
 
              
Kansas (1.1%)
              
Lenexa, Refunding & Improvements, Ser
            
A, GO, 5.000%, 09/01/09, FSA
     5,115       5,242  
 
              
Maryland (3.1%) 
                
Anne Arundel County, General
Improvement, GO, 5.000%, 03/01/14
     2,000       2,117  
Maryland State & Local Facilities,
Second Ser, GO, 5.000%, 08/01/18,
Callable 08/01/13 @ 100
     7,005       7,318  
Montgomery County, Public
            
Improvement, Ser A, GO, 5.000%, 05/01/15
     5,000       5,334  
 
              
 
                
 
             14,769  
 
              
 
                
Massachusetts (5.0%) 
                
Massachusetts State, Consolidated Lien,
Ser A, GO, 5.000%, 03/01/21,
Prerefunded 3/01/15 @ 100
     4,000       4,251  
Massachusetts State, Consolidated Lien,
Ser C, GO, 5.250%, 09/01/23,
Prerefunded 9/01/15 @ 100
     7,500       8,122  
Massachusetts State, Consolidation
Lien, Ser A, GO, 5.000%, 03/01/23,
Prerefunded 03/01/15 @ 100, FSA
     5,000       5,314  
Massachusetts State, Special Obligation,
Ser A, RB, 5.500%, 06/01/15, FGIC
     5,400       5,923  
 
              
 
                
 
             23,610  
 
              
 
                
Michigan (1.5%) 
                
Michigan Municipal Bond Authority,
Clean Water State Revolving Fund, RB,
5.375%, 10/01/17, Callable 10/01/12 @
100
     3,300       3,486  
Michigan State Trunk Line, RB,
            
5.000%, 11/01/17, FSA
     3,475       3,713  
 
              
 
                
 
             7,199  
 
              
 
                
Missouri (6.0%) 
                
Missouri State Highways &
Transportation Commission, RB,
5.000%, 02/01/15
     4,750       5,042  
Missouri State Highways &
            
Transportation Commission, RB,
5.000%, 02/01/18
     21,855       23,372  
 
              
 
                
 
             28,414  
 
              

 

 

                 
    Shares    
    or    
    Principal    
    Amount   Value
Nevada (2.0%) 
                
Clark County Airport , Sub Lien, Ser
A-1, RB, AMT, 5.000%, 07/01/14,
AMBAC
     7,295       7,605  
Clark County Airport, Sub Lien, Ser
            
A-1, RB, AMT, 5.000%, 07/01/12, AMBAC
     2,000       2,071  
 
              
 
                
 
             9,676  
 
              
 
                
New Jersey (3.1%) 
                
Garden State Preservation Trust, Open
Space & Farmland Preservation, Ser A,
RB, 5.800%, 11/01/20, Callable 11/01/15
@100, FSA
     10,000       11,175  
New Jersey State Transportation Trust
            
Fund Authority, Ser A, RB, 5.500%, 12/15/16, FSA
     3,300       3,640  
 
              
 
                
 
             14,815  
 
              
 
                
New York (7.8%) 
                
Buffalo School Improvements, Ser D,
GO, 5.500%, 12/15/14, Callable 12/15/11
@ 100, FGIC
     1,075       1,143  
New York City, Ser A, GO, 6.250%,
08/01/08, Callable 08/01/07 @ 100.75,
MBIA
     11,000       11,183  
New York City, Ser C, GO, 5.000%,
01/01/14
     3,500       3,672  
New York City, Ser C, GO, 5.000%,
01/01/17
     5,000       5,283  
Tobacco Settlement Financing Corp.,
Ser A1, RB, 5.250%, 06/01/13, Callable
06/01/08 @ 100
     10,000       10,109  
Tobacco Settlement Financing Corp.,
Ser A1, RB, 5.500%, 06/01/14, Callable
06/01/09 @ 100
     3,750       3,850  
Tobacco Settlement Financing Corp.,
            
Ser C1, RB, 5.250%, 06/01/12, Callable 06/01/08 @ 100
     1,995       1,998  
 
              
 
                
 
             37,238  
 
              
 
                
North Carolina (4.0%) 
                
Buncombe County Metropolitan
Sewerage District, Sewer System, RB,
3.730%, 07/01/29, XLCA (b)
     2,000       2,000  
Charlotte Governmental Facilities, Ser
F, COP, 3.730%, 06/01/33 (b)
     5,331       5,331  
Mecklenburg County, Ser C, GO,
3.730%, 03/01/14, LOC: Bank of America
N.A. (b)
     4,000       4,000  
North Carolina State, Ser B, GO, 5.000%, 04/01/15
     7,100       7,567  
 
              
 
                
 
             18,898  
 
              
 
                
Pennsylvania (7.3%) 
                
Coatesville School District, GO,
5.000%, 08/01/22, Callable 08/01/17 @
100, FSA
     10,935       11,510  
Easton Area School District, Ser 2006,
GO, 7.750%, 04/01/25, Callable 04/01/16
@ 100, FSA
     8,790       11,041  

 

 

                 
    Shares    
    or    
    Principal    
    Amount   Value
Pennsylvania State Projects, First Ser,
GO, 5.250%, 02/01/13, MBIA
     5,755       6,114  
Pennsylvania State, First Ser, GO,
            
5.000%, 01/01/18, Callable 01/01/13 @ 100, MBIA
     5,690       5,972  
 
              
 
                
 
             34,637  
 
              
 
                
Puerto Rico (5.0%) 
                
Puerto Rico Commonwealth Highway &
Transportation Authority, RB, 5.250%,
07/01/15, Callable 07/01/13 @ 100, FGIC
     5,000       5,320  
Puerto Rico Commonwealth Highway &
Transportation Authority, RB, 5.250%,
07/01/17, Callable 07/01/13 @ 100,
FGIC
     5,260       5,596  
Puerto Rico Commonwealth Highway &
Transportation Authority, Ser G, RB,
5.250%, 07/01/15, Callable 07/01/13 @
100, FGIC
     2,720       2,894  
Puerto Rico Commonwealth Municipal
Finance Agency, Ser A, RB, 5.250%,
08/01/14, Callable 08/01/12 @ 100,
FSA
     4,000       4,229  
Puerto Rico Public Finance Corp.,
            
Commonwealth Appropriations, Ser A,
RB, 5.375%, 06/01/17, AMBAC
     5,000       5,499  
 
                
 
             23,538  
 
              
 
                
Rhode Island (1.1%) 
                
Rhode Island State Health & Educational
            
Building Corp., Catholic School
Project, Ser A, RB, 3.730%, 04/01/36 (b)
     5,000       5,000  
 
              
Texas (9.3%) 
                
Dallas , GO, 5.000%, 02/15/18,
Callable 02/15/15 @ 100
     7,175       7,517  
Frenship Independent School District,
School Buildings, GO, 5.000%,
02/15/32, Callable 02/15/17 @ 100,
PSF-GTD
     12,755       13,129  
Houston, Public Improvements, Ser A,
GO, 5.250%, 03/01/14, MBIA
     8,675       9,255  
Irving Waterworks & Sewer, RB,
5.950%, 06/15/19, Callable 06/15/09 @
100.50
     1,460       1,524  
Lubbock County, GO, 5.500%,
02/15/16, Callable 2/15/13 @ 100,
FGIC
     4,360       4,682  
North Harris County Regional Water
Authority, RB, 5.250%, 12/15/18,
Callable 12/15/14 @ 100, MBIA
     2,690       2,859  
Victoria Independent School District,
            
School Building, GO, 5.000%, 06/15/37,
Callable 02/15/17 @ 100, PSF-GTD
     5,000       5,130  
 
              
 
                
 
             44,096  
 
              
 
                
Washington (2.5%) 
                
Pierce County School District No. 10,
Tacoma, GO, 5.000%, 12/01/16, Callable
12/01/13 @ 100, FGIC
     5,200       5,462  
Washington State, Motor Vehicle Fuel
                

 

 

                 
    Shares    
    or    
    Principal    
    Amount   Value
Tax, Ser 2007-B, GO, 5.000%, 07/01/29,
              
Callable 07/01/16 @ 100, FSA
     6,000       6,216  
 
              
 
             11,678  
 
              
 
Total Municipal Bonds (Cost $457,868)
             454,505  
 
              
 
 
                
Money Market Funds (9.2%) 
                
Federated Tax-Free Obligations Fund
     22,328,101       22,328  
 
              
 
                
SEI Tax Exempt Trust, Institutional
Tax Free Fund (b)
     21,202,630       21,203  
 
              
Total Money Market Funds (Cost $43,531)
             43,531  
 
              
 
                
Total Investments (Cost $501,399) (a) - 104.8%
             498,036  
 
                
Liabilities in excess of other assets - (4.8)%
             (22,776 )
 
              
 
                
Net Assets - 100.0%
           $ 475,260  
 
              
 
(a)   Cost for federal income tax purposes is $501,428 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ 1,377  
Unrealized Depreciation
     (4,769 )
 
      
Unrealized Appreciation (Depreciation)
   $ (3,392 )
 
      
 
(b)   Variable rate security. Rate presented represents rate in effect at June 30, 2007. Maturity date represents actual maturity date.
AMBAC – Security insured by American Municipal Bond Assurance Corporation
CIFG – Capitalized Interest Financial Guaranty
COP – Certificate of Participation
FGIC – Security insured by Financial Guaranty Insurance Company
FSA – Security insured by Financial Security Assurance
GO – General Obligation
LOC – Letter of Credit
MBIA – Security insured by Municipal Bond Insurance Association
PSF-GTD – Permanent School Fund Guarantee Program
RB – Revenue Bond
Ser – Series
XLCA – Security insured by XL Capital Assurance, Inc.
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC FUNDS
Limited Duration Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares    
    or    
    Principal    
    Amount   Value
Asset-Backed Securities (64.4%) 
                
Automobile ABS (10.0%) 
                
Capital Auto Receivables Asset Trust,
Ser 2007-SN1, CL A4, 5.420%, 02/15/11(b)
   $ 1,000     $ 1,003  
Ford Credit Auto Owner Trust, Ser
2006-C, Cl A2B, 5.340%, 12/15/09 (b)
     1,700       1,700  
Ford Credit Auto Owner Trust, Ser
2006-C, Cl A4B, 5.360%, 02/15/12 (b)
     100       100  
Honda Auto Receivables Owner Trust,
Ser 2006-3, Cl A1, 5.342%, 11/15/07
     632       632  
USAA Auto Owner Trust, Ser 2006-4,
            
Cl A1, 5.340%, 12/13/07
     231       231  
 
                
 
             3,666  
 
                
 
                
Credit Card ABS (22.9%) 
                
American Express Credit Account Master
Trust, Ser 2003-3, Cl A, 5.430%, 11/15/10 (b)
     800       801  
American Express Credit Account Master
Trust, Ser 2005-3, Cl A, 5.320%, 01/18/11 (b)
     1,140       1,139  
Citibank Credit Card Issuance Trust, Ser
2003-A9, Cl A, 5.440%, 11/22/10 (b)
     1,600       1,602  
First USA Credit Card Master Trust, Ser
1997-8, Cl A, 5.470%, 05/17/10 (b)
     1,000       1,000  
JP Morgan Chase & Co. Credit Card
Master Trust, Ser 2003-2, Cl A, 5.430%, 07/15/10 (b)
     800       801  
JP Morgan Chase & Co. Issuance Trust,
Ser 2005-A1, Cl A1, 5.330%, 12/15/10 (b)
     1,175       1,175  
MBNA Credit Card Master Trust, Ser
2002-A10, Cl A, 5.460%, 02/16/10 (b)
     500       500  
MBNA Credit Card Master Trust, Ser
            
2002-A13, Cl A, 5.450%, 05/17/10 (b)
     1,400       1,401  
 
                
 
             8,419  
 
                
 
                
Diversified Financial Services (11.8%) 
                
National Collegiate Student Loan Trust,
Ser 2004-1, Cl A1, 5.480%, 06/24/14 (b)
     909       909  
Nelnet Student Loan Trust, Ser 2005-3,
Cl A, 5.410%, 06/22/17 (b)
     2,000       2,003  
SLM Student Loan Trust, Ser 2004-8,
            
Cl A3, 5.445%, 07/27/15 (b)
     1,427       1,427  
 
                
 
             4,339  
 
                
 
                
Equipment (3.1%) 
                
CNH Equipment Trust, Ser 2006-A, Cl
            
A2, 5.180%, 11/17/08
     1,150       1,150  
 
                

 

 

                 
    Shares    
    or    
    Principal    
    Amount   Value
Home Equity ABS (16.6%) 
                
Ameriquest Mortgage Securities, Inc.,
Ser 2004-IA1, Cl A3, 5.970%, 09/25/34 (b)
     419       419  
Asset-Backed Securities Corp. Home
Equity Loan Trust, Ser 2005-HE4, Cl
A2A, 5.520%, 05/25/35 (b)
     59       59  
Countrywide Asset-Backed Certificates,
Ser 2005-13, Cl AF1, 5.450%, 04/25/36 (b)
     493       493  
Countrywide Home Equity Loan Trust,
Ser 2003-C, CL A, 5.590%, 05/15/29 (b)
     151       152  
Countrywide Home Equity Loan Trust,
Ser 2006-C, Cl 2A, 5.500%, 05/15/36 (b)
     807       807  
Countrywide Home Equity Loan Trust,
Ser 2006-E, Cl 2A, 5.460%, 11/29/31 (b)
     499       499  
First Franklin Mortgage Loan, Ser
2006-FF12, Cl A2, 5.360%, 09/25/36 (b)
     1,279       1,278  
Granite Mortgages PLC, Ser 2003-2, Cl
1A2, 5.520%, 07/20/20 (b) (d)
     1,520       1,519  
Guarantor Trust, Ser 2002-T10, Cl A1,
            
5.560%, 06/25/32 (b)
     871       871  
 
                
 
                
 
             6,097  
 
                
 
                
Total Asset-Backed Securities (Cost $23,670) 
             23,671  
 
                
 
                
U.S. Government Agencies (34.7%) 
                
Fannie Mae (10.9%)
                
5.000%, 09/14/07
     4,000       3,996  
 
                
 
                
Federal Home Loan Bank (5.7%) 
                
4.000%, 07/13/07
     2,100       2,099  
 
                
 
                
Freddie Mac (18.1%) 
                
3.500%, 09/15/07
     3,500       3,488  
5.125%, 10/24/07
     3,184       3,181  
 
                
 
                
 
             6,669  
 
                
 
                
Total U.S. Government Agencies (Cost $12,765) 
             12,764  
 
                
 
                
Money Market Fund (0.3%)
                
STI Classic Institutional Cash
     125,041       125  
 
                
Management Money Market Fund (c)
                
Total Money Market Fund (Cost $125)
             125  
 
                
 
                
Total Investments (Cost $36,560) (a) - 99.4%
             36,560  
Other assets in excess of liabilities - 0.6%
             220  
 
                
 
                
Net Assets - 100.0%
           $ 36,780  
 
                
 
(a)   Cost for federal income tax purposes is $36,564 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):

 

 

         
Unrealized Appreciation
   $ —  
Unrealized Depreciation
     (4 )
 
      
Unrealized Appreciation (Depreciation)
   $ (4 )
 
      
Amounts designated as “-” are $0 or have been rounded to $0.
(b)   Variable rate security. Rate presented represents rate in effect at June 30, 2007. Maturity date represents actual maturity date.
 
(c)   Affiliate investment.
 
(d)   Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 4.1% of net assets as of June 30, 2007.
Cl – Class
PLC – Public Limited Company
Ser – Series
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC FIXED INCOME FUNDS
Limited-Term Federal Mortgage Securities Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares        
    or        
    Principal        
    Amount     Value  
Collateralized Mortgage Obligations (5.0%) 
                
Bear Stearns ALT-A Trust, Ser 2006-6,
Cl 2A1, 5.939%, 11/25/36 (b)
   $ 3,103     $ 3,079  
Citicorp Mortgage Securities, Inc., Ser
2006-2, Cl 1A7, 5.750%, 04/25/36
     2,139       2,132  
RACC, Ser 2004-SP2, Cl A1, 6.022%,
            
01/25/17(b)
     2,901       2,921  
 
              
Total Collateralized Mortgage Obligations (Cost $8,135)
             8,132  
 
              
 
                
 
                
U.S. Government Agency (4.9%) 
                
Fannie Mae (4.9%) 
                
4.875%, 08/27/07(c) 
     8,000       7,993  
 
              
 
                
Total U.S. Government Agency (Cost $7,994)
             7,993  
 
              
 
                
U.S. Government Agency Mortgages (86.6%) 
                
Fannie Mae (68.5%) 
                
5.500%, 07/01/12
     637       635  
7.500%, 09/01/12
     2,785       2,852  
5.500%, 01/01/13
     1,039       1,036  
5.000%, 06/01/16
     6,793       6,683  
6.000%, 09/01/16
     4,585       4,626  
6.500%, 10/01/16
     835       853  
5.500%, 12/01/16
     2,489       2,462  
6.000%, 10/01/17
     940       945  
6.000%, 10/01/17
     2,773       2,790  
6.000%, 06/01/19
     1,855       1,864  
6.500%, 07/17/22 (f)
     10,000       10,178  
5.500%, 11/25/26
     10,382       10,355  
5.500%, 10/25/30
     10,296       10,208  
7.000%, 05/01/32
     3,956       4,101  
6.500%, 12/01/32
     2,722       2,770  
7.000%, 06/01/34
     2,861       2,950  
5.452%, 07/01/34 (b)
     3,850       3,906  
5.285%, 11/01/35 (b)
     7,461       7,406  
5.526%, 02/01/36 (b)
     11,811       11,704  
5.631%, 12/01/36 (b)
     6,626       6,597  
7.000%, 07/12/37 (f)
     16,000       16,411  
 
              
 
                
 
             111,332  
 
              
 
                
Freddie Mac (18.1%) 
                
4.375%, 04/15/15
     8,992       8,735  
7.000%, 11/01/16
     593       613  
6.500%, 02/01/17
     1,770       1,808  
5.500%, 05/01/17
     3,422       3,383  
5.000%, 01/01/18
     1,662       1,623  
5.005%, 12/01/32 (b)
     9,559       9,635  
6.500%, 08/14/36 (f)
     3,500       3,532  
 
              
 
             29,329  
 
              

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Total U.S. Government Agency Mortgages (Cost $141,141)
             140,661  
 
              
 
                
Short-Term Investment (5.1%) 
                
Credit Suisse Enhanced Liquidity Fund (d)
     8,280,000       8,280  
 
              
 
                
Total Short-Term Investment (Cost $8,280)
             8,280  
 
              
 
Money Market Fund (18.4%) 
                
STI Classic U.S. Government Securities
            
Money Market Fund (e)
     29,843,937       29,844  
 
              
Total Money Market Fund (Cost $29,844)
             29,844  
 
              
 
                
 
                
Total Investments (Cost $195,394) (a) - 120.0%
             194,910  
Liabilities in excess of other assets - (20.0)%
             (32,454 )
 
              
 
                
Net Assets - 100.0%
           $ 162,456  
 
              
 
(a)   Cost for federal income tax purposes is $195,022 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ 757  
Unrealized Depreciation
     (869 )
 
      
Unrealized Appreciation (Depreciation)
   $ (112 )
 
      
 
(b)   Variable rate security. Rate presented represents rate in effect at June 30, 2007. Maturity date represents actual maturity date.
 
(c)   This security or a partial position of the security was on loan at June 30, 2007. The total value of securities on loan at June 30, 2007 in thousands was $7,993.
 
(d)   This security was purchased with cash collateral held from securities lending.
 
(e)   Affiliate investment.
 
(f)   This security was purchased on a when-issued basis.
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC FIXED INCOME FUNDS
Maryland Municipal Bond Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares        
    or        
    Principal        
    Amount     Value  
Municipal Bonds (96.5%)
                
Maryland (96.5%)
                
Annapolis Public Improvement, GO,
5.000%, 04/01/08
   $ 250     $ 252  
Anne Arundel County Special
Obligation, Arundel Mills Project, RB,
5.125%, 07/01/22, Callable 07/01/14 @ 100, County Guaranteed
     1,000       1,054  
Anne Arundel County, General
Improvement, GO, 5.000%, 03/01/14
     1,000       1,058  
Baltimore Convention Center, Baltimore
Hotel Corp., Ser A, RB, 5.250%,
09/01/39, Callable 09/01/16 @ 100
     1,000       1,053  
Baltimore Public Improvement, Ser A,
GO, 4.750%, 10/15/16
     1,000       1,052  
Baltimore Sewer Improvement,
Wastewater Projects, Ser C, RB, 5.000%, 07/01/22
     1,000       1,050  
Cecil County, Public Improvement, GO,
4.000%, 09/01/17, Callable 09/01/16 @ 100, CIFG
     750       744  
Charles County, Public Improvement,
GO, 5.000%, 03/01/16
     1,000       1,066  
Frederick County Educational Facilities,
Mount St. Mary’s University, RB,
5.625%, 09/01/38, Callable 09/01/16 @ 100
     500       521  
Frederick County Educational Facilities,
Mount St. Mary’s University, Ser A, RB,
4.750%, 09/01/08
     175       176  
Frederick County, Public Facilities, GO, 5.000%, 12/01/15
     1,075       1,148  
Frederick County, Public Facilities, GO,
5.000%, 12/01/16, Callable 12/01/15 @ 100
     1,000       1,064  
Harford County, GO, 5.000%, 07/15/25,
Callable 07/15/15 @ 100
     1,000       1,040  
Howard County, Public Improvement,
GO, 5.000%, 02/15/15
     1,000       1,066  
Maryland Community Development
Administration, Department of Housing &
Community Development, Ser 2001B,
RB, AMT, 4.100%, 07/01/08, FHA/GNMA/HUD
     285       285  
Maryland Community Development
Administration, Department of Housing &
Community Development, Ser A, RB,
AMT, 4.550%, 09/01/22, Callable
09/01/16 @ 100
     500       480  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Maryland Economic Development Corp.,
Department of Transportation
Headquarters, RB, 5.375%, 06/01/19,
Callable 06/01/12 @ 100.5
     1,000       1,060  
Maryland Economic Development Corp.,
Student Housing, Towson University
Project, Ser A, RB, 5.250%, 07/01/37,
Callable 07/01/17 @ 100
     1,000       1,012  
Maryland Economic Development Corp.,
University of Maryland College Park
Project, RB, 5.750%, 06/01/18, Callable
06/01/13 @ 100
     475       519  
Maryland Economic Development Corp.,
University Village at Sheppard Pratt, RB,
5.875%, 07/01/21, Callable 07/01/11 @ 101, ACA
     250       264  
Maryland Health & Higher Educational
Facilities Authority, Calvert Health
Systems, RB, 5.500%, 07/01/36, Callable 07/01/14 @ 100
     1,000       1,054  
Maryland Health & Higher Educational
Facilities Authority, Carroll County
General Hospital, RB, 6.000%, 07/01/18,
Callable 07/01/12 @ 100
     500       532  
Maryland Health & Higher Educational
Facilities Authority, Carroll County
General Hospital, RB, 6.000%, 07/01/21,
Callable 07/01/12 @ 100
     250       266  
Maryland Health & Higher Educational
Facilities Authority, Catholic Health
Initiatives, Ser A, RB, 6.000%, 12/01/24,
Callable 06/01/10 @ 101, ETM
     250       267  
Maryland Health & Higher Educational
Facilities Authority, Doctors Community
Hospital, Ser A, RB, 4.000%, 07/01/13
     500       493  
Maryland Health & Higher Educational
Facilities Authority, Goucher College,
RB, 5.375%, 07/01/25, Callable 07/01/14 @ 100
     565       595  
Maryland Health & Higher Educational
Facilities Authority, Hebrew Home of
Greater Washington, RB, 5.700%,
01/01/21, Callable 01/01/12 @ 100
     480       500  
Maryland Health & Higher Educational
Facilities Authority, Hebrew Home of
Greater Washington, RB, 5.700%,
01/01/22, Callable 01/01/12 @ 100
     510       531  
Maryland Health & Higher Educational
Facilities Authority, Lifebridge Health,
Ser A, RB, 5.125%, 07/01/34, Callable
07/01/14 @ 100
     1,000       1,013  
Maryland Health & Higher Educational
Facilities Authority, University of
Maryland Medical System, RB, 5.750%,
07/01/21, Callable 07/01/11 @ 100
     1,225       1,273  
Maryland Health & Higher Educational
Facilities Authority, Western Maryland
Health System, Ser A, RB, 5.000%,
07/01/15, MBIA/FHA
     1,000       1,058  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Maryland National Capital Park &
Planning Commission, Prince Georges
County, PK Acquisition &
Development, Ser JJ-2, GO, 5.000%,
05/01/18, Callable 05/01/17 @ 100
     535       569  
Maryland Transportation Authority,
Baltimore/Washington International
Airport, Ser B, RB, AMT, 5.375%,
03/01/15, Callable 03/01/12 @ 101, AMBAC
     1,000       1,054  
Maryland, Capital Improvements, Ser A,
GO, 5.000%, 02/15/17, Callable
02/15/15 @ 100
     1,000       1,060  
Maryland, Capital Improvements, Ser A,
GO, 5.000%, 02/15/19, Callable 02/15/15 @ 100
     1,000       1,053  
Maryland, State & Local Facilities, Ser
2, GO, 5.000%, 08/01/16, Callable 08/01/13 @ 100
     1,000       1,052  
Montgomery County Economic
Development, Trinity Health Care Group,
RB, 5.500%, 12/01/16, Callable 12/01/11 @ 100
     1,000       1,053  
Montgomery County Housing
Opportunities Commission, Aston Woods
Apartments, Ser A, RB, 4.900%,
05/15/31, Callable 05/15/08 @ 102, FNMA
     1,150       1,177  
Montgomery County Housing
Opportunities Commission, Ser A, RB,
4.450%, 07/01/17, Callable 01/01/11 @ 100
     120       120  
Montgomery County Housing
Opportunities Commission, Ser A, RB,
6.000%, 07/01/20, Callable 07/01/10 @ 100
     1,005       1,044  
Montgomery County Revenue
Authority, Lease, College Arts Center
Project, Ser A, RB, 5.000%, 05/01/28,
Callable 05/01/15 @ 100
     1,000       1,033  
St. Mary’s County, Public Improvement,
GO, 5.500%, 07/01/11
     665       705  
Talbot County Public Facilities, GO,
5.375%, 03/15/17, Callable 03/15/12 @ 101
     1,000       1,060  
Washington Suburban Sanitation
            
District, Anticipation Notes, Ser A, GO,
3.630%, 06/01/23, LOC: Landesbank
Hessen-Thueringen (b)
     500       500  
 
              
 
                
 
             35,026  
 
              
 
                
Total Municipal Bonds (Cost $34,778)
             35,026  
 
              
 
                
Money Market Fund (2.2%)
                
Federated Maryland Municipal Cash Trust
     785,187       785  
 
              
 
                
Total Money Market Fund (Cost $785)
             785  
 
              

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Total Investments (Cost $35,563) (a) - 98.7%
             35,811  
Other assets in excess of liabilities - 1.3%
             465  
 
              
 
                
Net Assets - 100.0%
           $ 36,276  
 
              
 
(a)   Cost for federal income tax purposes is $35,561 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ 462  
Unrealized Depreciation
     (212 )
 
      
Unrealized Appreciation (Depreciation)
   $ 250  
 
      
 
(b)   Variable rate security. Rate presented represents rate in effect at June 30, 2007. Maturity date represents actual maturity date.
ACA – Security insured by American Capital Access
AMBAC – Security insured by American Municipal Bond Assurance Corporation
AMT – Alternative Minimum Tax Paper
CIFG – Security insured by Capitalized Interest Financial Guaranty
ETM – Escrowed to Maturity
FHA – Security insured by Federal Housing Administration
FNMA – Security insured by Fannie Mae
GNMA – Security insured by Government National Mortgage Association
GO – General Obligation
HUD – Security insured by Department of Housing and Urban Development
LOC – Letter of Credit
MBIA – Security insured by Municipal Bond Insurance Association
RB – Revenue Bond
Ser – Series
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC FIXED INCOME FUNDS
North Carolina Tax-Exempt Bond Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares    
    or    
    Principal    
    Amount   Value
Municipal Bonds (97.1%)
                
North Carolina (93.2%)
                
Albemarle Hospital Authority,
Healthcare Facilities, RB, 5.250%,
10/01/38, LOC: Wachovia Bank N.A.
  $ 1,000     $ 1,013  
Appalachian State University,
Procurement Services Building, RB,
5.000%, 07/15/30, Callable 07/15/15
@100, MBIA
    1,250       1,294  
Brunswick County Enterprise System,
Ser A, RB, 5.250%, 04/01/22, Callable
04/01/14 @ 100, FSA
    500       530  
Buncombe County, COP, 5.250%,
10/01/17, Callable 10/01/13 @ 100,
AMBAC
    585       616  
Charlotte Transit Projects, Ser A, COP,
5.000%, 06/01/33, Callable 06/01/13 @ 100
    1,920       1,961  
Charlotte Water & Sewer System, RB,
5.250%, 06/01/15, Prerefunded 06/01/09 @ 101
    500       518  
Charlotte, Convention Facilities Project,
COP, 5.000%, 12/01/25, Callable
12/01/15 @ 100
    1,000       1,033  
Charlotte-Mecklenberg Hospital Authority,
Carolina’s Health Care System,
Ser A, RB, 5.000%, 01/15/13, Callable
01/15/08 @ 101
    500       507  
Dare County, COP, 5.000%, 06/01/23,
Callable 12/01/12 @ 100, AMBAC
    830       853  
Greensboro, Enterprise System, Ser A,
RB, 5.000%, 06/01/25, Callable 06/01/17 @ 100
    1,605       1,675  
Iredell County Public Facilities Project,
COP, 5.250%, 10/01/20, Callable
10/01/13 @ 100, AMBAC
    500       526  
Lee County Public Facilities Project,
COP, 4.750%, 04/01/28, Callable
04/01/17 @ 100, FSA
    1,145       1,150  
North Carolina Capital Facilities
Finance Agency, Duke University Project,
Ser A, RB, 5.250%, 07/01/42, Callable 10/01/12 @ 100
    3,000       3,173  
North Carolina Capital Facilities Finance
Agency, Educational Facilities, Brevard
College Corp., RB, 5.000%, 10/01/26,
Callable 04/01/17 @ 100
    1,000       1,003  

 

 

                 
    Shares    
    or    
    Principal    
    Amount   Value
North Carolina Capital Facilities Finance
Agency, Educational Facilities, Trinity
Episcopal School Project, RB, 3.790%,
09/01/24, LOC: Wachovia Bank N.A. (b)
    400       400  
North Carolina Capital Facilities Finance
Agency, Student Housing Facilities,
Wolfpack Club Student Housing
Foundation, Ser A, RB, 3.760%,
07/01/35, LOC: Wachovia Bank N.A. (b)
    735       735  
North Carolina Capital Facilities Finance
Agency, Student Housing, NCA&T
University Foundation Project, Ser A,
RB, 5.250%, 06/01/20, Callable 06/01/14 @
100, Radian
    500       522  
North Carolina Eastern Municipal Power
Agency, Power System, Ser C, RB,
5.375%, 01/01/16, Callable 01/01/13 @ 100
    500       523  
North Carolina Educational Facilities
Finance Agency, Belmont Abbey College,
RB, 3.740%, 06/01/18, LOC: Wachovia
Bank N.A. (b)
    400       400  
North Carolina Educational Facilities
Finance Agency, Elon College, RB,
3.750%, 01/01/23, LOC: Bank of America
N.A. (b)
    900       900  
North Carolina Educational Facilities
Finance Agency, Wingate University, RB,
3.770%, 05/01/22, LOC: Bank of
America N.A. (b)
    400       400  
North Carolina Housing Finance Agency
Homeownership, Ser 24-A, RB, AMT,
4.900%, 01/01/38, Callable 01/01/16 @ 100
    1,000       978  
North Carolina Medical Care
Commission Retirement Facilities,
First Mortgage, Given Estates, RB, 5.000%,
07/01/33, Callable 07/01/17 @ 102
    1,000       989  
North Carolina Medical Care
Commission, Health Care Facilities,
Novant Health Obligations Group, Ser A,
RB, 5.000%, 11/01/17, Callable 11/01/13 @ 100
    1,290       1,327  
North Carolina Medical Care
Commission, Health Care Facilities,
Novant Health Obligations Group, Ser A,
RB, 5.000%, 11/01/18, Callable 11/01/13 @ 100
    500       514  
North Carolina Medical Care
Commission, Health Systems, Mission
Health Combined Group, RB, 5.000%,
10/01/25, Callable 10/01/17 @ 100
    2,000       2,041  
North Carolina State Education
Assistance Authority, Student Loans, Ser
A-3, RB, 3.770%, 09/01/35, AMBAC (b)
    1,500       1,500  
North Carolina State Education
Assistance Authority, Student Loans,
SubSer Q, RB, AMT, 3.950%, 07/01/36 (b)
    1,850       1,850  

 

 

                 
    Shares    
    or    
    Principal    
    Amount   Value
Onslow County Hospital Authority,
Onsolow Memorial Hospital Project, RB,
5.125%, 04/01/18, Callable 10/01/16 @
100, MBIA/FHA
    500       530  
Pitt County School Facilities Project,
Ser B, COP, 5.300%, 04/01/21, Callable
04/01/10 @ 101, FSA
    500       522  
Raleigh Durham Airport Authority,
Ser A, RB, 5.000%, 05/01/30, Callable
05/01/15 @ 100, AMBAC
    2,000       2,060  
Rockingham County, COP, 5.000%,
04/01/18, Callable 04/01/12 @ 101,
AMBAC
    500       518  
Salisbury Enterprise System, RB,
5.000%, 02/01/20, Callable 02/01/12 @
101, FSA
    500       517  
University of North Carolina at
Wilmington, COP, 5.000%, 06/01/31,
Callable 06/01/15 @ 100, FGIC
    1,295       1,330  
University of North Carolina Systems Pool,
Ser A, RB, 5.375%, 04/01/21,
Prerefunded 10/01/12 @ 100, AMBAC
    170       181  
University of North Carolina Systems
Pool, Ser A, RB, 5.375%, 04/01/22,
Prerefunded 10/01/12 @ 100, AMBAC
    215       229  
University of North Carolina Systems Pool,
Ser A, RB, 5.000%, 04/01/23,
Callable 04/01/15 @ 100, AMBAC
    1,910       1,988  
Wake County Hospital, RB, 5.125%,
10/01/13, MBIA, ETM
    350       371  
Wake County Industrial Facilities &
Pollution Control Financing Authority,
Carolina Power & Light Co. Project, RB,
5.375%, 02/01/17, Callable 02/01/12 @ 101
    1,000       1,046  
Wilmington, Ser A, COP, 5.350%,
06/01/24, Callable 06/01/09 @ 101,
MBIA
    500       518  
Wilson Combined Enterprise Systems,
RB, 5.250%, 12/01/18, Callable 12/01/12
@ 100, FSA
    500       526  
Winston-Salem, Water & Sewer
Systems, Ser C, RB, 3.750%, 06/01/28,
LOC: Dexia Credit Local (b)
    1,790       1,790  
 
               
 
            41,057  
 
               
 
                
Puerto Rico (3.9%)
                
Puerto Rico Convention Center
Authority, Hotel Occupancy Tax, Ser A,
RB, 5.000%, 07/01/31, Callable 07/01/16
@ 100, AMBAC
    1,000       1,040  
Puerto Rico Highway & Transportation
Authority, Ser AA, RB, 5.500%,
07/01/19, MBIA
    595       663  
 
               
 
            1,703  
 
               
Total Municipal Bonds (Cost $42,800)
            42,760  
 
               

 

 

                 
    Shares    
    or    
    Principal    
    Amount   Value
Money Market Funds (2.2%)
                
Federated Tax-Free Obligations Fund
    749,268       749  
 
                
SEI Tax Exempt Trust, Institutional Tax Free Fund
    201,093       201  
 
               
Total Money Market Funds (Cost $950)
            950  
 
               
 
                
Total Investments (Cost $43,750) (a) - 99.3%
            43,710  
Other assets in excess of liabilities - 0.7%
            328  
 
               
Net Assets - 100.0%
          $  44,038  
 
               
 
(a)   Cost for federal income tax purposes is $43,750 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ 216  
Unrealized Depreciation
     (256 )
 
      
Unrealized Appreciation (Depreciation)
   $ (40 )
 
      
 
(b)   Variable rate security. Rate presented represents rate in effect at June 30, 2007. Maturity date represents actual maturity date.
AMBAC — Security insured by American Municipal Bond Assurance Corporation
AMT — Alternative Minimum Tax
COP — Certificate of Participation
ETM — Escrowed to Maturity
FGIC — Security insured by Financial Guaranty Insurance Company
FHA — Security insured by Federal Housing Administration
FSA — Security insured by Financial Security Assurance
LOC — Letter of Credit
MBIA — Security insured by Municipal Bond Insurance Association
Radian — Security insured by Radian
RB — Revenue Bond
Ser — Series

See Notes to Schedules of Portfolio Investments

 

STI CLASSIC FUNDS
Seix Floating Rate High Income Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Principal    
    Amount   Value
Bank Loans (92.5%)
                
Advertising (3.1%)
                
Advanstar Communications, Inc.,
7.610%, 05/31/14 (b) (d)
  $ 2,000     $ 1,989  
Affinion Group, Inc., 7.859%, 10/01/12 (b) (d)
    3,924       3,950  
Proquest, 8.353%, 02/09/13 (b) (d)
    1,995       1,995  
Reader’s Digest Association, Inc. (The),
7.356%, 03/02/13 (b) (d)
    2,000       1,995  
TL Acquisitions, Inc., 0.000%,
07/03/14 (b) (c) (d)
    4,000       4,000  
Tribune Co., 7.820%, 05/17/09 (b) (d)
    4,667       4,662  
Valassis Communications, Inc., 1.200%,
03/02/14 (b) (d)
    427       425  
Valassis Communications, Inc., 7.110%,
03/02/14 (b) (d)
    1,503       1,497  
 
               
 
            20,513  
 
               
Aerospace/Defense (0.6%)
                
AM General Corp., 8.320%, 09/30/12 (b) (d)
    32       33  
AM General Corp., 8.341%, 09/30/12 (b) (d)
    935       943  
BE Aerospace, Inc., 7.103%, 08/14/12 (b) (d)
    500       501  
Hawker Beechcraft, Inc., 7.357%,
04/02/14 (b) (d)
    2,299       2,297  
Hawker Beechcraft, Inc., 7.360%,
04/02/14 (b) (d)
    195       195  
 
               
 
            3,969  
 
               
Apparel (0.8%)
                
Claire’s Stores, Inc., 8.110%, 05/29/14 (b) (d)
    3,000       2,972  
Hanesbrands, Inc., 7.105%, 09/05/13 (b) (d)
    926       929  
Hanesbrands, Inc., 9.105%, 03/05/14 (b) (d)
    1,000       1,022  
 
               
 
            4,923  
 
               
Auto Parts & Equipment (1.9%)
                
Baker Tanks, Inc., 7.592%, 05/08/14 (b) (d)
    3,250       3,270  
Lear Corp., 0.000%, 04/23/12 (b) (c) (d)
    9,000       8,933  
 
               
 
            12,203  
 
               
Building Materials (3.5%)
                
Brand Services, Inc., 3.019%, 02/07/13 (b) (d)
    2,434       2,420  
Building Materials Corp., 8.188%,
02/22/14 (b) (d)
    3,990       3,928  

 

 

                 
    Principal    
    Amount   Value
Contech Construction Products, Inc.,
7.333%, 01/31/13 (b) (d)
    3,954       3,974  
Landsource Communications, 8.110%,
02/26/13 (b) (d)
    3,980       3,987  
Landsource Communications, 9.860%,
02/26/13 (b) (d)
    1,000       1,008  
Ohmstede Ltd., 8.824%, 08/02/13 (b) (d)
    2,957       2,975  
Quality Home Brands, 7.824%,
12/01/12 (b) (d)
    2,972       2,971  
USG Corp., 6.125%, 08/02/11 (b) (d)
    1,429       1,418  
 
               
 
            22,681  
 
               
Chemicals (4.8%)
                
Celanese Holdings LLC, 7.099%,
04/02/14 (b) (d)
    2,500       2,502  
Columbian Chemicals Co., 7.110%,
02/11/13 (b) (d)
    3,960       3,950  
Compass Minerals International, Inc.,
6.851%, 12/22/12 (b) (d)
    2,530       2,526  
Georgia Gulf Corp., 7.801%, 08/02/13 (b) (d)
    1,864       1,876  
Hexion Specialty Chemicals, Inc.,
7.625%, 05/05/13 (b) (d)
    4,077       4,096  
Hexion Specialty Chemicals, Inc.,
7.625%, 05/15/13 (b) (d)
    883       887  
Huntsman International LLC, 7.070%,
08/16/12 (b) (d)
    2,974       2,971  
Ineos Group Holdings PLC, 7.580%,
12/14/13 (b) (d)
    990       997  
Ineos Group Holdings PLC, 8.080%,
12/14/14 (b) (d)
    990       1,000  
ISP Chemco, Inc., 7.125%,
05/31/14 (b) (d)
    2,000       2,006  
Lucite International Ltd., 0.000%,
07/03/13 (b) (c) (d)
    124       124  
Lucite International Ltd., 4.465%,
07/03/13 (b) (d)
    136       137  
Lucite International Ltd., 7.610%,
07/03/13 (b) (d)
    733       738  
Lyondell Chemical Co., 6.856%,
08/16/13 (b) (d)
    3,474       3,470  
Macdermid Holdings LLC, 7.360%,
04/11/14 (b) (d)
    3,990       3,989  
 
               
 
            31,269  
 
               
Coal (0.6%)
                
Alpha Natural Resources, Inc., 7.110%,
10/26/12 (b) (d)
    3,947       3,952  
 
               
Commercial Services (7.7%)
                
Astoria Generating Co. LLC, 7.340%,
08/13/13 (b) (d)
    1,414       1,417  
Bearingpoint, Inc., 8.880%, 05/18/12 (b) (d)
    1,496       1,493  
Bearingpoint, Inc., 9.290%, 05/18/12 (b) (d)
    2,000       1,995  
Cenveo Corp., 7.110%, 03/16/14 (b) (d)
    110       110  
Cenveo Corp., 7.110%, 03/16/14 (b) (d)
    3,302       3,302  

 

 

                 
    Principal    
    Amount   Value
H3C Holdings Ltd., 8.370%, 09/28/12 (b) (d)
    4,000       4,000  
Harlan Sprague Dawley, Inc., 7.878%,
01/11/12 (b) (d)
    2,166       2,167  
Hertz Corp., 7.102%, 12/21/12 (b) (d)
    691       693  
Live Nation, Inc., 8.070%, 06/21/13 (b) (d)
    1,990       2,005  
Live Nation, Inc., 8.095%, 06/21/13 (b) (d)
    4,937       4,950  
Merrill Corp., 9.123%, 05/15/11 (b) (d)
    4,444       4,474  
Merrill Corp., 13.562%, 10/01/13 (b) (d)
    3,000       3,015  
National Money Mart Co., 8.110%,
10/30/12 (b) (d)
    1,144       1,147  
National Money Mart Co., 8.110%,
10/30/12 (b) (d)
    841       843  
Oshkosh Truck Corp., 7.110%,
12/06/13 (b) (d)
    4,975       4,991  
Quintiles Transnational Corp., 7.361%,
03/21/13 (b) (d)
    990       989  
Quintiles Transnational Corp., 9.360%,
03/21/14 (b) (d)
    2,000       2,010  
Rent-A-Center, Inc., 7.107%, 06/30/12 (b) (d)
    2,915       2,934  
Rental Service, Corp., 11.172%,
11/21/13 (b) (d)
    3,183       3,215  
Sedgwick CMS Holdings, Inc., 7.610%,
01/31/13 (b) (d)
    1,980       1,986  
Vanguard Car Rental USA, Inc.,
8.337%, 05/26/13 (b) (d)
    2,810       2,828  
 
               
 
            50,564  
 
               
Computers (2.5%)
                
Acxiom Corp., 7.070%, 09/15/12 (b) (d)
    2,728       2,734  
Dresser, Inc., 7.860%, 05/04/14 (b) (d)
    3,000       3,006  
Kronos, Inc., 7.610%, 06/12/14 (b) (d)
    1,000       998  
Network Solutions LLC, 7.906%,
03/07/14 (b) (d)
    2,500       2,501  
Reynolds & Reynolds Co., 7.360%,
10/23/12 (b) (d)
    1,948       1,955  
Reynolds & Reynolds Co., 10.860%,
10/23/13 (b) (d)
    2,000       2,038  
Sungard Data Systems, Inc., 7.356%,
02/11/13 (b) (d)
    1,962       1,970  
TTM Technologies, Inc., 7.591%,
10/27/12 (b) (d)
    1,200       1,203  
 
               
 
            16,405  
 
               
Diversified Financial Services (4.0%)
                
IDEARC, Inc., 7.360%, 11/09/14 (b) (d)
    5,985       5,998  
Level 3 Communications, Inc., 7.605%,
03/01/14 (b) (d)
    3,000       3,003  
Nasdaq Stock Market, Inc., 7.070%,
04/18/12 (b) (d)
    969       970  
Nasdaq Stock Market, Inc., 7.070%,
04/18/12 (b) (d)
    562       562  
Peach Holdings, Inc., 9.109%, 11/21/13 (b) (d)
    5,925       5,969  

 

 

                 
    Principal    
    Amount   Value
TPF Generation Holdings LLC,
7.360%, 12/15/11 (b) (d)
    94       95  
TPF Generation Holdings LLC,
7.360%, 12/15/13 (b) (d)
    301       302  
VNU, Inc., 7.607%, 08/09/13 (b) (d)
    8,955       8,996  
 
               
 
            25,895  
 
               
Diversified Operations (1.0%)
                
Aramark Corp., 7.485%, 01/27/14 (b) (d)
    165       165  
Aramark Corp., 7.485%, 01/27/14 (b) (d)
    2,106       2,109  
Freeport-McMoRan Copper & Gold,
Inc., 7.070%, 03/19/14 (b) (d)
    4,510       4,509  
 
               
 
            6,783  
 
               
Electric (3.1%)
                
Boston Generating LLC, 7.600%,
12/21/13 (b) (d)
    345       346  
Boston Generating LLC, 7.610%,
12/21/13 (b) (d)
    1,551       1,556  
Boston Generating LLC, 7.610%,
12/21/13 (b) (d)
    97       97  
Calpine Corp., 7.610%, 03/29/09 (b) (d)
    1,995       1,999  
Generac Power Systems, Inc., 7.860%,
11/07/13 (b) (d)
    3,960       3,884  
Generac Power Systems, Inc., 11.360%,
04/07/14 (b) (d)
    1,000       952  
Mirant North America LLC, 7.070%,
01/03/13 (b) (d)
    3,194       3,193  
NRG Energy, Inc., 7.010%, 02/01/13 (b) (d)
    730       731  
NRG Energy, Inc., 7.110%, 02/01/13 (b) (d)
    1,768       1,765  
NRG Energy, Inc., 0.000%, 06/08/14 (b) (c) (d)
    6,000       5,978  
 
               
 
            20,501  
 
               
Energy (1.9%)
                
Longview Power LLC, 0.000%,
02/27/14 (b) (c) (d)
    1,167       1,167  
Longview Power LLC, 7.610%,
02/27/14 (b) (d)
    333       333  
Longview Power LLC, 7.625%,
02/27/14 (b) (d)
    1,000       1,000  
NE Energy, 9.875%, 10/19/11 (b) (d)
    1,000       1,010  
NE Energy, 7.860%, 10/19/13 (b) (d)
    894       899  
NE Energy, 7.860%, 10/19/13 (b) (d)
    106       106  
Sandridge Energy, Inc., 8.975%,
04/15/14 (b) (d)
    5,000       5,100  
Sandridge Energy, Inc., 8.625%,
04/15/15 (b) (d)
    3,000       3,060  
 
               
 
            12,675  
 
               
Entertainment (3.8%)
                
Cedar Fair LP, 7.329%, 08/30/12 (b) (d)
    3,960       3,981  
Cinemark, Inc., 7.136%, 10/04/13 (b) (d)
    1,985       1,987  
Isle of Capri Casinos, 7.090%, 02/04/11 (b) (d)
    2,940       2,940  

 

 

                 
    Principal    
    Amount   Value
Penn National Gaming, Inc., 7.110%,
10/03/12 (b) (d)
    1,980       1,984  
Regal Cinemas, Inc., 6.860%, 02/26/13 (b) (d)
    2,963       2,963  
Venetian Macao Ltd., 7.610%, 05/26/12 (b) (d)
    3,000       3,006  
Venetian Macao Ltd., 7.610%, 04/06/13 (b) (d)
    2,000       2,008  
Venetian Macao Ltd., 7.610%, 04/06/13 (b) (d)
    3,263       3,282  
Wimar Opco LLC, 7.610%, 01/03/12 (b) (d)
    2,930       2,945  
 
               
 
            25,096  
 
               
Environmental Control (0.4%)
                
Allied Waste North America, Inc.,
5.276%, 01/15/12 (b) (d)
    831       834  
Allied Waste North America, Inc.,
7.093%, 01/15/12 (b) (d)
    1,528       1,535  
 
               
 
            2,369  
 
               
 
                
Food (1.0%)
                
Dean Foods Co., 6.860%, 04/02/14 (b) (d)
    2,494       2,492  
Pinnacle Foods Group, Inc., 8.110%,
04/02/14 (b) (d)
    2,100       2,104  
SUPERVALU, Inc., 6.860%, 06/02/12 (b) (d)
    1,990       1,992  
 
               
 
            6,588  
 
               
Forest Products & Paper (0.4%)
                
Georgia-Pacific Corp., 7.109%, 01/27/11 (b) (d)
    1,850       1,850  
Verso Paper Holdings LLC, 7.125%,
08/03/13 (b) (d)
    905       908  
 
               
 
            2,758  
 
               
Healthcare — Services (9.1%)
                
Beverly Enterprises, Inc., 8.090%,
04/07/11 (b) (d)
    3,196       3,210  
Capella Healthcare, Inc., 8.360%,
11/30/12 (b) (d)
    3,938       3,957  
Carestream Health, Inc., 7.340%,
04/30/13 (b) (d)
    4,000       4,000  
Carestream Health, Inc., 10.590%,
10/30/13 (b) (d)
    1,000       1,011  
Community Health Systems, Inc.,
0.000%, 04/25/08 (b) (c) (d)
    10,000       9,950  
CRC Health Corp., 7.860%, 02/06/13 (b) (d)
    2,959       2,981  
Davita, Inc., 6.855%, 10/12/12 (b) (d)
    1,421       1,420  
HCA, Inc., 7.610%, 11/06/13 (b) (d)
    3,980       4,002  
Iasis Healthcare Corp., 0.000%,
03/15/14 (b) (c) (d)
    203       204  
Iasis Healthcare Corp., 7.356%,
03/15/14 (b) (d)
    1,392       1,394  
Iasis Healthcare Corp., 7.460%,
03/15/14 (b) (d)
    127       127  
Iasis Healthcare Corp., 9.034%,
03/15/14 (b) (d)
    273       274  
IM US Holdings, LLC, 0.000%,
06/26/14 (b) (c) (d)
    4,000       4,005  

 

 

                 
    Principal    
    Amount   Value
Matria Healthcare, Inc., 7.360%,
01/19/12 (b) (d)
    1,084       1,080  
Multiplan, Inc., 7.820%, 04/08/13 (b) (d)
    2,620       2,632  
Multiplan, Inc., 7.820%, 04/12/13 (b) (d)
    919       922  
National Mentor Holdings, Inc.,
5.287%, 06/28/13 (b) (d)
    110       110  
National Mentor Holdings, Inc.,
7.360%, 06/28/13 (b) (d)
    1,871       1,872  
Royalty Pharma, 6.820%, 04/16/13 (b) (d)
    7,980       8,000  
Sun Healthcare Group, Inc., 0.000%,
01/15/08 (b) (c) (d)
    92       92  
Sun Healthcare Group, Inc., 7.320%,
01/15/08 (b) (d)
    161       161  
Sun Healthcare Group, Inc., 7.355%,
04/12/14 (b) (d)
    1,425       1,425  
Sun Healthcare Group, Inc., 10.715%,
04/12/14 (b) (d)
    322       322  
Talecris Biotherapeutics, Inc., 8.857%,
12/06/13 (b) (d)
    2,993       3,007  
Vanguard Health Systems, Inc., 7.610%,
09/23/11 (b) (d)
    3,960       3,970  
 
               
 
            60,128  
 
               
Insurance (0.2%)
                
Hub International Holdings, Inc.,
7.860%, 06/12/14 (b) (d)
    817       815  
Hub International Holdings, Inc.,
0.000%, 06/12/15 (b) (c) (d)
    183       183  
 
               
 
            998  
 
               
Investment Companies (0.8%)
                
Thermal North America, Inc., 8.110%,
10/27/08 (b) (d)
    3,000       3,000  
USPF Holdings LLC, 7.083%, 04/11/14 (b) (d)
    2,000       2,005  
 
               
 
            5,005  
 
               
Leisure Time (1.9%)
                
Sabre Holdings Corp., 7.605%,
09/30/14 (b) (d)
    1,944       1,919  
TDS Investor Corp., 7.820%, 08/09/13 (b) (d)
    5,036       5,055  
TDS Investor Corp., 7.860%, 08/09/13 (b) (d)
    535       537  
TDS Investor Corp., 0.000%, 08/23/13 (b) (c) (d)
    1,000       996  
Worldspan LP, 8.608%, 12/07/13 (b) (d)
    1,990       1,996  
Worldspan LP, 12.350%, 12/07/14 (b) (d)
    2,000       2,006  
 
               
 
            12,509  
 
               
Lodging (4.4%)
                
Cannery Casino Resorts LLC, 0.000%,
05/18/13 (b) (c) (d)
    1,638       1,628  
Cannery Casino Resorts LLC, 7.610%,
05/18/13 (b) (d)
    2,205       2,191  
Cannery Casino Resorts LLC, 7.610%,
05/18/13 (b) (d)
    157       156  

 

 

                 
    Principal    
    Amount   Value
Fontainebleau Resorts LLC, 0.000%,
06/05/14 (b) (c) (d)
    1,333       1,332  
Fontainebleau Resorts LLC, 8.610%,
06/05/14 (b) (d)
    2,667       2,674  
Kerzner International Ltd., 0.500%,
08/31/13 (b) (d)
    750       748  
Kerzner International Ltd., 8.340%,
08/31/13 (b) (d)
    214       214  
Kerzner International Ltd., 8.360%,
08/31/13 (b) (d)
    2,286       2,280  
Kerzner International Ltd., 9.024%,
08/31/13 (b) (d)
    550       549  
Las Vegas Sands LLC, 0.000%,
05/15/13 (b) (c) (d)
    800       798  
Las Vegas Sands LLC, 7.110%,
05/15/13 (b) (d)
    3,200       3,190  
Metro-Goldwyn-Mayer, Inc., 8.610%,
03/15/12 (b) (d)
    2,980       2,982  
Metro-Goldwyn-Mayer, Inc., 8.610%,
04/08/12 (b) (d)
    3,292       3,294  
MGM Mirage, Inc., 3.620%, 11/22/09 (b) (d)
    1,537       1,495  
MotorCity Casino, 7.360%, 07/26/12 (b) (d)
    2,960       2,971  
Seminole Indian Casinos, 0.000%,
03/05/14 (b) (c) (d)
    130       129  
Seminole Indian Casinos, 4.187%,
03/05/14 (b) (d)
    130       129  
Seminole Indian Casinos, 6.875%,
03/05/14 (b) (d)
    866       865  
Seminole Indian Casinos, 6.875%,
03/05/14 (b) (d)
    874       873  
 
               
 
            28,498  
 
               
Machinery Diversified (0.5%)
                
NACCO Materials Handling Group,
Inc., 7.353%, 02/24/13 (b) (d)
    3,474       3,461  
 
               
Media (12.8%)
                
Cablevision Systems Corp., 7.070%,
03/21/12 (b) (d)
    3,470       3,466  
Citadel Broadcasting Corp., 6.945%,
06/12/14 (b) (d)
    4,000       3,977  
Entravision Communications Corp.,
6.849%, 03/29/13 (b) (d)
    1,975       1,977  
Gray Television, Inc., 6.832%, 12/31/14 (b) (d)
    2,970       2,955  
Insight Midwest Holdings LLC,
6.600%, 10/06/13 (b) (d)
    17,500       17,351  
Mediacom LLC, 7.110%, 04/15/15 (b) (d)
    4,119       4,109  
Next Media Operating, Inc., 7.320%,
11/04/12 (b) (d)
    594       594  
Next Media Operating, Inc., 7.320%,
11/04/12 (b) (d)
    1,338       1,336  
Penton Media, Inc., 10.345%, 02/01/14 (b) (d)
    1,000       1,008  
Persona Communications Corp.,
8.075%, 10/12/13 (b) (d)
    765       763  

 

 

                 
    Principal    
    Amount   Value
Persona Communications Corp.,
8.075%, 10/12/13 (b) (d)
    1,235       1,232  
Persona Communications Corp.,
11.320%, 04/12/14 (b) (d)
    2,000       2,015  
Quebecor Media, Inc., 7.356%, 01/17/13 (b) (d)
    2,963       2,972  
San Juan Cable LLC, 7.360%, 10/31/12 (b) (d)
    988       985  
Sirius Satellite Radio, Inc., 7.625%,
12/20/12 (b) (d)
    3,500       3,507  
Spanish Broadcasting System, Inc.,
7.110%, 06/08/12 (b) (d)
    2,992       2,992  
TCM Media, Inc., 8.870%, 06/30/10 (b) (d)
    1,937       1,942  
Umbrella Acquisition, 0.000%, 03/29/14 (b) (c) (d)
    5,000       4,929  
Umbrella Acquisition, 0.000%, 09/16/14 (b) (c) (d)
    785       772  
Umbrella Acquisition, 7.605%, 09/16/14 (b) (d)
    12,215       11,947  
Umbrella Acquisition, 7.820%, 09/16/14 (b) (d)
    5,000       4,968  
Wenner Media LLC, 7.120%, 09/29/13 (b) (d)
    2,858       2,872  
WideOpenWest Finance LLC, 0.000%,
06/30/14 (b) (c) (d)
    5,000       4,963  
Yell Group PLC, 7.320%, 08/07/13 (b) (d)
    1,000       1,005  
 
               
 
            84,637  
 
               
Miscellaneous Manufacturer (3.2%)
                
Activant Solutions Holdings, Inc.,
7.375%, 05/01/13 (b) (d)
    3,726       3,710  
Aearo Technologies, Inc., 7.610%,
06/01/13 (b) (d)
    2,000       2,000  
Bombardier, Inc., 7.860%, 06/28/13 (b) (d)
    6,380       6,390  
John Maneely Co., 8.525%, 12/06/13 (b) (d)
    2,899       2,886  
Samsonite Corp., 7.610%, 12/21/13 (b) (d)
    1,990       1,997  
Universal City Development, 7.360%,
06/09/11 (b) (d)
    1,851       1,860  
Zuffa, Inc., 0.000%, 06/21/15 (b) (c) (d)
    2,000       2,000  
 
               
 
            20,843  
 
               
Oil & Gas (1.9%)
                
Big West Oil LLC, 0.000%, 05/02/14 (b) (c) (d)
    1,100       1,101  
Big West Oil LLC, 7.610%, 05/02/14 (b) (d)
    900       901  
Niska Gas Storage, 7.070%, 05/01/11 (b) (d)
    363       364  
Niska Gas Storage, 7.090%, 05/01/13 (b) (d)
    1,899       1,899  
Niska Gas Storage, 7.110%, 05/01/13 (b) (d)
    210       210  
Niska Gas Storage, 7.110%, 05/01/13 (b) (d)
    309       310  

 

 

                 
    Principal    
    Amount   Value
OPTI Canada, Inc., 7.234%, 05/17/13 (b) (d)
    3,000       3,006  
Petroleum Geo-Services ASA, 0.000%,
07/02/13 (b) (c) (d)
    2,000       2,000  
TPF Generation Holdings LLC,
7.360%, 12/21/13 (b) (d)
    1,601       1,607  
Western Refining Co., 0.000%,
04/05/14 (b) (c) (d)
    196       197  
Western Refining Co., 7.070%,
04/05/14 (b) (d)
    804       804  
 
               
 
            12,399  
 
               
Packaging & Containers (0.6%)
                
Berry Plastics Holdings Corp., 7.355%,
04/03/15 (b) (d)
    3,990       3,969  
 
               
Pipelines (2.8%)
                
El Paso Corp., 7.259%, 07/24/11 (b) (d)
    2,000       2,005  
Energy Transfer Equity LP, 7.106%,
02/08/12 (b) (d)
    4,000       4,009  
Kinder Morgan Energy Partners LP,
6.860%, 05/25/19 (b) (d)
    8,000       7,985  
Regency Gas Services LLC, 7.820%, 08/01/11 (b) (d)
    167       167  
Targa Resources, Inc., 5.235%, 10/31/12 (b) (d)
    777       786  
Targa Resources, Inc., 7.357%, 10/31/12 (b) (d)
    3,179       3,203  
 
               
 
            18,155  
 
               
Real Estate (1.5%)
                
CB Richard Ellis, 6.820%, 12/20/13 (b) (d)
    2,993       2,995  
Mattamy Group, 7.625%, 04/11/13 (b) (d)
    1,980       1,973  
Realogy Corp., 8.320%, 10/09/13 (b) (d)
    1,061       1,049  
Realogy Corp., 8.350%, 10/09/13 (b) (d)
    3,939       3,912  
 
               
 
            9,929  
 
               
Retail (3.7%)
                
Capital Automotive LP, 7.070%,
12/16/10 (b) (d)
    4,519       4,541  
Gregg Appliances, Inc., 0.000%,
06/29/15 (b) (c) (d)
    1,000       1,000  
Neiman Marcus Group, Inc., 7.358%,
04/06/13 (b) (d)
    3,627       3,640  
Petco Animal Supplies, Inc., 7.858%,
10/26/13 (b) (d)
    3,980       4,003  
Quiznos Master LLC (The), 7.610%,
05/05/13 (b) (d)
    2,970       2,977  
Rite Aid Corp., 7.070%, 06/04/14 (b) (d)
    2,000       1,998  
Sally Holdings LLC, 7.860%, 11/10/13 (b) (d)
    2,985       2,997  
Sports Authority, Inc. (The), 7.610%,
04/06/13 (b) (d)
    2,970       2,966  
 
               
 
            24,122  
 
               

 

 

                 
    Principal    
    Amount   Value
Semiconductors (0.7%)
                
Advanced Micro Devices, Inc., 7.360%,
12/31/13 (b) (d)
    4,403       4,397  
 
               
Telecommunications (7.0%)
                
American Cellular Corp., 7.320%,
03/15/14 (b) (d)
    2,993       2,988  
Cequel Communications LLC, 7.530%,
10/01/13 (b) (d)
    3,990       3,969  
Cequel Communications LLC, 9.856%,
05/05/14 (b) (d)
    1,000       1,028  
Charter Communications Operating
LLC, 7.360%, 04/28/14 (b) (d)
    9,000       8,916  
Clearwire Corp., 12.070%, 08/18/09 (b) (d)
    1,990       2,010  
Hawaiian Telecom Communications,
Inc., 1.386%, 04/30/12 (b) (d)
    1,000       994  
IPC Information Systems, Inc., 7.610%,
05/31/14 (b) (d)
    1,500       1,498  
IPC Information Systems, Inc.,
10.610%, 05/31/15 (b) (d)
    2,000       1,995  
Paetec Holding Corp., 8.820%, 02/09/13 (b) (d)
    1,496       1,504  
RCN Corp., 7.794%, 04/20/14 (b) (d)
    3,000       3,010  
Sorenson Communications, Inc.,
7.860%, 08/01/13 (b) (d)
    4,961       4,955  
Sorenson Communications, Inc.,
12.360%, 02/01/14 (b) (d)
    828       838  
Time Warner Telecom Holdings, Inc.,
7.360%, 10/12/13 (b) (d)
    3,915       3,915  
US Telepacific Corp., 9.337%, 08/07/11 (b) (d)
    1,129       1,140  
West Corp., 7.751%, 10/23/13 (b) (d)
    5,474       5,484  
Wind Acquisition Holdings, 12.609%,
12/07/11 (b) (d)
    1,555       1,594  
 
               
 
            45,838  
 
               
Transportation (0.3%)
                
Volnay Acquisition (Compagnie
Generale), 7.360%, 01/12/14 (b) (d)
    1,790       1,806  
 
               
Total Bank Loans (Cost $605,393)
            605,838  
 
               
 
                
Corporate Bonds (6.9%)
                
Apparel (0.2%)
                
Claire’s Stores, Inc., 10.500%, 06/01/17,
Callable 06/01/12 @ 105.25 (d)
    1,500       1,369  
 
               
 
                
Auto Parts & Equipment (1.1%)
                
Goodyear Tire & Rubber Co. (The),
9.135%, 12/01/09 (b) (d)
    7,075       7,092  
 
               
Diversified Financial Services (1.2%)
                
IDEARC, Inc., 8.000%, 11/15/16,
Callable 11/15/11 @ 104
    4,000       4,039  
Level 3 Financing, Inc., 9.150%,
02/15/15, Callable 02/15/09 @ 102 (d)
    4,000       4,000  
 
               
 
            8,039  
 
               
Diversified Operations (0.8%)
                
Freeport-McMoRan Copper & Gold,
Inc., 8.564%, 04/01/15, Callable 04/01/09 @ 102 (b)
    3,000       3,143  

 

 

                 
    Principal    
    Amount   Value
Leucadia National Corp., 7.000%,
08/15/13
    2,000       1,960  
 
               
 
            5,103  
 
               
Electric (0.8%)
                
NRG Energy, Inc., 7.375%, 02/01/16,
Callable 02/01/11 @ 103.69
    5,000       5,013  
 
               
Healthcare — Services (0.8%)
                
Community Health Systems, Inc.,
8.875%, 07/15/15, Callable 07/15/11 @
104.44 (d)
    2,000       2,028  
HCA, Inc., 9.625%, 11/15/16, Callable
11/15/11 @ 104.81 (d)
    3,000       3,224  
 
               
 
            5,252  
 
               
Insurance (0.4%)
                
Hub International Holdings, Inc.,
10.250%, 06/15/15, Callable 06/15/11 @
105.13 (d)
    3,000       2,888  
 
               
Media (0.5%)
                
Mediacom Broadband LLC, 9.500%,
01/15/13, Callable 01/15/08 @ 101.58
    3,000       3,068  
 
               
Oil & Gas (0.5%)
                
United Refining Co., 10.500%,
08/15/12, Callable 08/15/08 @ 105.25
    3,000       3,105  
 
               
Telecommunications (0.6%)
                
Clear Channel Communications,
5.500%, 12/15/16
    1,000       824  
Qwest Communications International,
Inc., 8.860%, 02/15/09, Callable 02/15/08
@ 100 (b)
    3,328       3,361  
 
               
 
            4,185  
 
               
Total Corporate Bonds (Cost $45,122)
            45,114  
 
               
 
                
Money Market Fund (0.0%)
                
Federated Government Obligations
Money Market Fund
    42       42  
 
               
Total Money Market Fund (Cost $42)
            42  
 
               
 
                
Repurchase Agreements (9.4%)
                
ABN AMRO Bank N.V., 5.295%, dated 06/29/07, to be repurchased on 07/02/07, repurchase price $29,953 (collateralized by U.S. Government Agencies; 4.125%, due 04/18/08; total market value $30,542)
    29,940       29,940  
Lehman Brothers, Inc., 5.295%, dated 06/29/07, to be repurchased on 07/02/07, repurchase price $31,458 (collateralized by U.S. Government Agencies; 6.000%, due 09/01/36; total market value $32,072)
    31,445       31,445  
 
               
 
                
Total Repurchase Agreements (Cost $61,385)
            61,385  
 
               
 
                
Total Investments (Cost $711,942) (a) - 108.8%
            712,379  
Liabilities in excess of other assets - (8.8)%
            (57,764 )
 
               
Net Assets - 100.0%
          $ 654,615  
 
               

 

 

 
(a)   Cost for federal income tax purposes is $711,953 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ 2,554  
Unrealized Depreciation
     (2,128 )
 
      
Unrealized Appreciation (Depreciation)
   $ 426  
 
      
 
(b)   Variable rate security. Rate presented represents rate in effect at June 30, 2007. Maturity date represents actual maturity date.
 
(c)   This security has not settled as of June 30, 2007 and thus does not have a rate in effect. The security does not have a stated settlement date and will receive a rate upon settling with the custodian.
 
(d)   Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 98.6% of net assets as of June 30, 2007.
LLC — Limited Liability Corporation
LP — Limited Partnership
PLC — Public Limited Company

As of June 30, 2007, the Fund had the following unfunded loan commitments:
                 
    Unfunded   Unrealized
Borrower   Commitments ($)   Depreciation ($)
 
Brand Services, Inc.
3.019%, 02/07/13
    5,066       (29 )
Calpine Corp.,
0.521%, 03/29/09
    5,500       (110 )
MGM Mirage, Inc.,
3.620%, 11/22/09
    1,463       (40 )
Hawaiian Telecom Communications, Inc.
1.386%, 04/30/12
    7,000       (40 )
 
               
 
            (219 )
 
               
The commitments are available until the maturity date of the respective security.
Credit Default Swap Agreements
                     
        Notional   Fixed   Expiration    
Underlying Instrument   Counterparty   Amount ($)   Rate (%)   Date   Value ($)
Abitibi Consolidated, Inc.
   J.P. Morgan   2,000   2.80   06/20/12   5
Abitibi Consolidated, Inc.
   J.P. Morgan   1,500   3.45   06/20/08   13
Level 3 Communications
   J.P. Morgan   2,000   3.85   06/20/12   (45)
Sanmina — SCI Corp.
   J.P. Morgan   2,000   3.48   06/20/12   (74)
 
                    
 
                   (101)
 
                    
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC FUNDS
Seix High Yield Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares    
    or    
    Principal    
    Amount   Value
Bank Loans (3.6%)
                
Advertising (1.0%)
                
TL Acquisitions, Inc., 0.000%,
07/03/14 (b) (d) (h)
  $ 10,000     $ 9,999  
Healthcare — Services (0.9%)
                
Community Health Systems, Inc.,
0.000%, 04/25/08 (b) (d) (h)
    9,000       8,955  
Media (1.0%)
                
Tribune Co., 8.375%,
05/17/14, (b) (d)
    5,000       4,867  
Umbrella Acquisition, 0.000%, 03/29/14 (b) (d) (h)
    5,000       4,929  
 
               
 
            9,796  
 
               
Real Estate (0.3%)
                
Realogy Corp., 8.320%, 10/09/13 (b) (d)
    636       630  
Realogy Corp., 8.350%, 10/09/13 (b) (d)
    2,364       2,347  
 
               
 
 
            2,977  
 
               
Telecommunications (0.4%)
                
Sorenson Communications, Inc.,
7.860%, 08/01/13 (b) (d)
    1,981       1,978  
Wind Acquisition Holdings, 12.609%,
12/07/11 (b) (d)
    1,500       1,538  
 
               
 
            3,516  
 
               
Total Bank Loans (Cost $39,992)
            35,243  
 
               
 
                
Corporate Bonds (95.2%)
                
Advertising (3.9%)
                
Quebecor World Capital Corp., 8.750%,
03/15/16, Callable 03/15/11 @ 104.38 (d)
    7,215       7,107  
Quebecor World, Inc., 9.750%,
01/15/15, Callable 01/15/11 @ 104.88 (d)
    460       466  
R.H. Donnelley Corp., 6.875%,
01/15/13
    450       426  
R.H. Donnelley Corp., 6.875%,
01/15/13, Callable 01/15/09 @ 103.438
    2,475       2,345  
R.H. Donnelley Corp., 8.875%,
01/15/16, Callable 01/15/11 @ 104.438
    19,390       20,166  
Valassis Communications, Inc., 8.250%,
               
03/01/15, Callable 03/01/11 @ 104.13 (d) (e)
    7,950       7,751  
 
               
 
            38,261  
 
               

 

 

                 
    Shares    
    or    
    Principal    
    Amount   Value
Aerospace/Defense (0.6%)
                
Hawker Beechcraft Corp., 8.500%,
04/01/15, Callable 04/01/11 @ 104.25 (d)
    1,865       1,926  
Hawker Beechcraft Acquisition Co.
LLC, 8.875%, 04/01/15 (d)
    1,800       1,854  
Transdigm, Inc., 7.750%, 07/15/14,
Callable 07/15/09 @ 105.81
    200       202  
Transdigm, Inc., 7.750%, 07/15/14,
             
Callable 07/15/09 @ 105.813 (d)
    2,180       2,201  
 
            6,183  
 
               
Apparel (1.2%)
                
Hanesbrands, Inc., 8.784%, 12/15/14,
           
Callable 12/15/08 @ 102 (b) (e)
    4,115       4,177  
Levi Strauss & Co., 9.750%, 01/15/15,
           
Callable 01/15/10 @ 104.875
    4,375       4,681  
Levi Strauss & Co., 8.875%, 04/01/16,
           
Callable 04/01/11 @ 104.44 (e)
    2,450       2,511  
 
               
 
            11,369  
 
               
Auto Manufacturers (1.3%)
                
General Motors Corp., 8.375%,
           
07/15/33 (e)
    14,395       13,135  
 
               
Auto Parts & Equipment (0.7%)
                
Goodyear Tire & Rubber Co. (The),
           
8.625%, 12/01/11, Callable 12/01/09 @
               
104.31 (d)
    3,127       3,291  
Goodyear Tire & Rubber Co. (The),
           
9.000%, 07/01/15, Callable 07/01/10 @
               
104.5 (e)
    3,438       3,705  
 
               
 
            6,996  
 
               
Beverages (0.3%)
                
Cott Beverages, Inc., 8.000%, 12/15/11,
           
Callable 12/15/07 @ 102.67
    3,062       3,093  
 
               
Building (1.5%)
            
KB Home, 5.750%, 02/01/14
    2,065       1,817  
KB Home, 5.875%, 01/15/15
    1,615       1,405  
KB Home, 6.250%, 06/15/15 (e)
    2,240       1,971  
Meritage Homes Corp., 6.250%,
03/15/15, Callable 03/15/10 @ 103.13
    1,675       1,491  
Standard Pacific Corp., 6.250%,
04/01/14 (e)
    1,385       1,219  
Standard Pacific Corp., 7.000%,
08/15/15 (e)
    485       427  
U.S. Concrete, Inc., 8.375%, 04/01/14,
           
Callable 04/01/09 @ 104.188 (e)
    6,395       6,379  
 
               
 
            14,709  
 
               
Chemicals (5.1%)
                
ARCO Chemical Co., 10.250%,
11/01/10
    4,455       4,811  
Huntsman International LLC, 11.625%,
10/15/10, Callable 10/15/07 @ 105.81
    3,785       4,069  
Ineos Group Holdings PLC, 8.500%,
02/15/16, Callable 02/15/11 @ 104.25 (d) (e)
    15,300       14,956  
Lyondell Chemical Co., 8.000%,
09/15/14, Callable 09/15/10 @ 104
    4,970       5,107  
Lyondell Chemical Co., 8.250%,
09/15/16, Callable 09/15/11 @ 104.13 (e)
    11,555       12,075  

 

 

                 
    Shares    
    or    
    Principal    
    Amount   Value
Mosaic Co., 7.375%, 12/01/14, Callable
           
12/01/10 @ 103.69 (d)
    2,490       2,515  
Mosaic Co., 7.625%, 12/01/16, Callable
           
12/01/11 @ 103.81 (d)
    800       818  
Reichhold Industries, Inc., 9.000%,
           
08/15/14, Callable 08/15/10 @ 104.50 (d)
    5,310       5,469  
 
               
 
            49,820  
 
               
Commercial Services (3.7%)
                
Cenveo Corp., 7.875%, 12/01/13,
Callable 12/01/08 @ 103.94 (e)
    4,005       3,925  
Corrections Corp. of America, 7.500%,
05/01/11, Callable 05/01/08 @ 101.88
    5,250       5,322  
Deluxe Corp., 7.375%, 06/01/15,
Callable 06/01/11 @ 103.69 (d) (e)
    1,785       1,776  
Hertz Corp., 8.875%, 01/01/14, Callable
01/01/10 @ 104.44
    465       485  
Hertz Corp., 10.500%, 01/01/16,
Callable 01/01/11 @ 105.25 (e)
    995       1,099  
Seitel Acquisition Corp., 9.750%,
02/15/14 (d)
    4,110       4,069  
Service Corp. International, 6.750%,
04/01/15 (d)
    50       48  
United Rentals NA, Inc., 6.500%,
02/15/12, Callable 02/15/12 @ 103.25 (e)
    12,375       12,159  
United Rentals NA, Inc., 7.750%,
           
11/15/13, Callable 11/15/08 @ 103.88 (e)
    7,005       7,014  
 
               
 
            35,897  
 
               
Diversified Financial Services (11.9%)
                
Americredit Corp., 8.500%, 07/01/15,
Callable 07/01/11 @ 104.25 (d)
    1,680       1,693  
Buffalo Thunder Development Authority,
9.375%, 12/15/14, Callable 12/15/10 @
104.69 (d)
    2,600       2,600  
Ford Motor Credit Corp., 6.625%,
06/16/08
    3,000       2,998  
Ford Motor Credit Corp., 5.800%,
01/12/09
    4,760       4,659  
Ford Motor Credit Corp., 7.250%,
10/25/11
    6,090       5,861  
Ford Motor Credit Corp., 8.105%,
01/13/12 (b)
    3,730       3,721  
Ford Motor Credit Corp., 7.000%,
10/01/13 (e)
    7,145       6,620  
Ford Motor Credit Corp., 8.000%,
12/15/16
    9,325       8,932  
GMAC LLC,
6.625%, 05/15/12
    1,800       1,738  
GMAC LLC,
6.750%, 12/01/14
    1,670       1,599  
GMAC LLC,
8.000%, 11/01/31
    15,180       15,523  
Hexion US Finance Corp., 9.750%,
11/15/14, Callable 11/15/10 @ 104.88
    6,570       6,800  

 

 

                 
    Shares    
    or    
    Principal    
    Amount   Value
Hexion US Finance Corp., 9.860%,
11/15/14, Callable 11/15/08 @ 102 (b)
    1,550       1,597  
IDEARC, Inc., 8.000%, 11/15/16,
Callable 11/15/11 @ 104
    23,330       23,562  
Level 3 Financing, Inc., 12.250%,
03/15/13, Callable 03/15/10 @ 106.13
    2,480       2,846  
Level 3 Financing, Inc., 9.150%,
02/15/15, Callable 02/15/09 @ 102 (b) (d) (e)
    990       990  
Level 3 Financing, Inc., 8.750%,
02/15/17, Callable 02/15/12 @ 104.38 (d) (e)
    14,045       13,887  
NSG Holdings LLC, 7.750%,
12/15/25 (d)
    7,885       7,964  
Snoqualmie Enterprise Authority,
9.150%, 02/01/14, Callable 02/01/09 @
103 (b) (d)
    1,545       1,560  
Snoqualmie Enterprise Authority,
               
9.125%, 02/01/15, Callable 02/01/11 @
               
104.56 (d) (e)
    1,090       1,117  
 
               
 
            116,267  
 
               
Diversified Minerals (2.1%)
                
FMG Finance Property Ltd., 10.000%,
09/01/13 (d)
    12,985       14,478  
FMG Finance Property Ltd., 10.625%,
               
09/01/16 (d)
    5,145       6,123  
 
               
 
            20,601  
 
               
Diversified Operations (3.6%)
                
Aramark Corp., 8.500%, 02/01/15,
Callable 02/01/11 @ 104.25 (d) (e)
    6,915       7,036  
Aramark Corp., 8.856%, 02/01/15,
Callable 02/01/09 @ 102 (b) (d) (e)
    1,485       1,507  
Freeport-McMoRan Copper & Gold,
Inc., 8.250%, 04/01/15, Callable 04/01/11 @
104.13 (e)
    5,890       6,214  
Freeport-McMoRan Copper & Gold,
Inc., 8.375%, 04/01/17, Callable 04/01/12@
104.19
    11,545       12,325  
Leucadia National Corp., 7.000%,
08/15/13
    4,190       4,106  
Leucadia National Corp., 7.125%,
               
03/15/17, Callable 03/15/12 @ 103.56 (d)
    4,370       4,239  
 
               
 
            35,427  
 
               
Electric (7.2%)
                
AES Corp. (The), 8.750%, 05/15/13,
Callable 05/15/08 @ 104.375 (d)
    997       1,052  
Aquila, Inc., 9.950%, 02/01/11
    4,740       5,112  
Aquila, Inc., 14.875%, 07/01/12 (e)
    4,200       5,355  
Baldor Electric Co., 8.625%, 02/15/17,
Callable 02/15/12 @ 103.31 (e)
    1,470       1,555  
Elwood Energy LLC, 8.159%,
07/05/26
    4,279       4,494  
Homer City Funding LLC, 8.137%,
10/01/19
    1,781       1,887  
Inergy LP/Inergy Finance, 8.250%,
03/01/16, Callable 03/01/11 @ 104.13
    1,565       1,608  
Midwest Generation LLC, Ser A,
8.300%, 07/02/09
    2,823       2,880  

 

 

                 
    Shares    
    or    
    Principal    
    Amount   Value
Midwest Generation LLC, Ser B,
8.560%, 01/02/16
    7,073       7,542  
Mirant Americas Generation LLC,
8.300%, 05/01/11
    4,763       4,918  
Mirant Mid-Atlantic LLC, Ser B,
9.125%, 06/30/17
    5,814       6,570  
Mirant North America LLC, 7.375%,
12/31/13, Callable 12/31/09 @ 103.69
    3,275       3,349  
NRG Energy, Inc., 7.375%, 02/01/16,
Callable 02/01/11 @ 103.69
    15,585       15,624  
NRG Energy, Inc., 7.375%, 01/15/17,
Callable 11/15/11 @ 100
    1,710       1,716  
Reliant Energy, Inc., 6.750%, 12/15/14,
Callable 12/15/09 @ 103.38 (e)
    3,345       3,412  
Sithe/Independence Funding, Ser A,
               
9.000%, 12/30/13
    3,300       3,582  
 
               
 
            70,656  
 
               
Electronics (0.3%)
                
Flextronics International Ltd., 6.500%,
               
05/15/13
    3,625       3,417  
 
               
 
                
Entertainment (1.9%)
                
Isle of Capri Casinos, Inc., 9.000%,
03/15/12, Callable 03/15/08 @ 103
    2,705       2,820  
Mohegan Tribal Gaming Authority,
6.125%, 02/15/13, Callable 02/15/09 @
103.06
    2,259       2,191  
Pokagon Gaming Authority, 10.375%,
06/15/14, Callable 06/15/10 @ 105.19 (d)
    1,465       1,615  
Seneca Gaming Corp., Ser B, 7.250%,
05/01/12, Callable 05/01/08 @ 103.63
    821       832  
Shingle Springs Tribal Gaming
Authority, 9.375%, 06/15/15, Callable
06/15/11 @ 104.69 (d)
    3,705       3,737  
WMG Acquisition Corp., 7.375%,
04/15/14, Callable 04/15/09 @ 103.688
    6,572       6,113  
WMG Holdings Corp., 10.148%,
                 
12/15/14, Callable 12/15/09 @ 104.75 (c) (e) (g)
    2,063       1,568  
 
               
 
            18,876  
 
               
 
                
Environment Control (0.4%)
                
Aleris International, Inc., 9.000%,
               
12/15/14, Callable 12/15/10 @ 104.5 (d) (e)
    3,720       3,753  
 
               
 
                
Food (1.7%)
                
Del Monte Corp., 8.625%, 12/15/12,
Callable 12/15/07 @ 104.31
    5,627       5,810  
Smithfield Foods, Inc., 7.750%,
07/01/17
    6,235       6,235  
Smithfield Foods, Inc., Ser B, 8.000%,
10/15/09
    1,870       1,926  
Stater Brothers Holdings, Inc., 7.750%,
               
04/15/15, Callable 04/15/11 @ 103.88 (d)
    2,790       2,797  
 
               
 
            16,768  
 
               
Forest Products & Paper (2.7%)
                

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Abitibi-Consolidated, Inc., 6.950%,
04/01/08
     2,535       2,510  
Abitibi-Consolidated, Inc., 8.550%,
08/01/10
     3,139       2,998  
Abitibi-Consolidated, Inc., 8.375%,
04/01/15 (e)
     1,825       1,597  
Abitibi-Consolidated, Inc., 8.850%,
08/01/30
     90       76  
Boise Cascade LLC, 8.231%, 10/15/12,
Callable 08/21/12 @ 102 (b)
     4,115       4,115  
Boise Cascade LLC, 7.125%, 10/15/14,
Callable 10/15/09 @ 103.56
     2,905       2,760  
Bowater Canada Finance Corp., 7.950%,
11/15/11
     5,680       5,345  
Verso Paper Holdings LLC, 9.106%,
08/01/14, Callable 08/01/08 @ 102 (b) (d) (e)
     4,605       4,697  
Verso Paper Holdings LLC, 9.125%,
08/01/14, Callable 08/01/10 @ 104.563 (d) (e)
     2,025       2,091  
 
              
 
             26,189  
 
              
 
                
Healthcare — Services (8.5%)
                
Community Health Systems, Inc.,
8.875%, 07/15/15, Callable 07/15/11 @
104.44 (d)
     44,380       44,990  
HCA, Inc., 9.125%, 11/15/14, Callable
11/15/10 @ 104.56 (d)
     10,845       11,401  
HCA, Inc., 9.250%, 11/15/16, Callable
11/15/11 @ 104.63 (d)
     10,955       11,667  
HCA, Inc., 9.625%, 11/15/16, Callable
11/15/11 @ 104.81 (d)
     4,990       5,364  
Triad Hospitals, Inc., 7.000%, 05/15/12,
Callable 05/15/08 @ 103.50
     4,190       4,379  
Universal Hospital Services, Inc.,
8.500%, 06/01/15, Callable 06/01/11 @
104.25 (d)
     4,055       4,014  
Universal Hospital Services, Inc.,
8.759%, 06/01/15, Callable 06/01/09 @
102 (b) (d)
     780       780  
 
              
 
             82,595  
 
              
 
                
Industrials (0.5%)
                
Mueller Water Products, 7.375%, 06/01/17,
Callable 06/01/17 @ 103.69 (d)
     5,435       5,389  
 
              
 
                
Insurance (1.6%)
                
AFC Capital Trust I, Ser B, 8.207%,
02/03/27
     4,142       4,192  
Crum & Forster Holdings Corp.,
7.750%, 05/01/17, Callable 05/01/12 @
103.88 (d)
     4,425       4,325  
Fairfax Financial Holdings Ltd.,
7.750%, 04/26/12
     3,075       3,060  
Hub International Holdings, 9.000%,
12/15/14, Callable 06/15/11 @ 104.50 (d)
     4,400       4,312  
 
              
 
             15,889  
 
              
 
                
Lodging (2.3%)
                
Boyd Gaming Corp., 7.750%, 12/15/12,
Callable 12/15/07 @ 103.88 (e)
     3,560       3,649  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Mandalay Resort Group, Ser B,
10.250%, 08/01/07
     8,456       8,487  
MGM Mirage, Inc., 8.500%, 09/15/10
     905       947  
MGM Mirage, Inc., 6.625%, 07/15/15
     1,600       1,454  
San Pasqual Casino, 8.000%, 09/15/13,
Callable 09/15/09 @ 104 (d)
     2,865       2,894  
Wynn Las Vegas LLC, 6.625%,
12/01/14, Callable 12/01/09 @ 103.31
     5,650       5,445  
 
              
 
             22,876  
 
              
 
                
Machinery Diversified (0.3%)
                
Chart Industries, Inc., 9.125%,
10/15/15, Callable 10/15/10 @ 104.56
     2,700       2,835  
 
              
 
                
Media (6.7%)
                
Block Communications, Inc., 8.250%,
12/15/15, Callable 12/15/10 @ 104.13 (d)
     975       985  
Cablevision Systems Corp., Ser B,
8.000%, 04/15/12 (e)
     1,035       1,022  
Charter Communications LLC, 8.000%,
04/30/12 (d) (g)
     985       997  
Charter Communications LLC, 8.375%,
04/30/14, Callable 04/30/09 @ 104.19 (d)
     910       926  
Dex Media, Inc., 8.000%, 11/15/13,
Callable 11/15/08 @ 104
     360       365  
DirecTV Holdings LLC, 8.375%,
03/15/13, Callable 03/15/08 @ 104.19
     8,935       9,348  
EchoStar DBS Corp., 7.125%,
02/01/16
     14,270       13,949  
General Cable Corp., 7.725%, 04/01/15,
Callable 04/01/09 @ 102 (b) (d)
     3,570       3,570  
General Cable Corp., 7.125%, 04/01/17,
Callable 04/01/12 @ 103.56 (d) (e)
     795       787  
Kabel Deutschland GmbH, 10.625%,
07/01/14, Callable 07/01/09 @ 105.31
     7,085       7,758  
LIN Television Corp., 6.500%,
05/15/13, Callable 05/15/12 @ 103.25
     2,600       2,542  
LIN Television Corp., Ser B, 6.500%,
05/15/13, Callable 05/15/08 @ 103.25
     2,305       2,253  
Mediacom Broadband LLC, 9.500%,
01/15/13, Callable 01/15/08 @ 101.58
     1,000       1,023  
Mediacom Broadband LLC, 8.500%,
10/15/15, Callable 10/15/10 @ 104.25 (d)
     3,905       3,925  
Mediacom Broadband LLC, 8.500%,
10/15/15, Callable 10/15/10 @ 104.25 (e)
     6,970       7,005  
Quebecor Media, Inc., 7.750%,
03/15/16, Callable 03/15/11 @ 103.88
     7,425       7,536  
Rogers Cable, Inc., 8.750%, 05/01/32
     1,400       1,697  
 
              
 
             65,688  
 
              
 
Metal Mining (0.3%)
                
Noranda Aluminum Acquisition,
9.360%, 05/15/15, Callable 05/15/08 @ 102 (b) (d) (e)
     3,030       2,924  
 
              
Miscellaneous Manufacturer (0.5%)
                
American Railcar Industries, Inc., 7.500%,
03/01/14, Callable 03/01/11 @ 103.75
     1,755       1,746  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Bombardier, Inc., 6.300%, 05/01/14 (d)
     1,340       1,273  
Bombardier, Inc., 8.000%, 11/15/14,
Callable 11/15/10 @ 104 (d)
     1,900       1,967  
 
              
 
             4,986  
 
              
 
                
Oil & Gas (6.8%)
                
Cie Generale De Geophysique, 7.500%,
05/15/15, Callable 05/15/10 @ 103.75
     6,225       6,225  
Cie Generale De Geophysique, 7.750%,
05/15/17, Callable 05/15/12 @ 103.88
     1,510       1,529  
Cimarex Energy Co., 7.125%, 05/01/17,
Callable 05/01/12 @ 103.56
     2,035       1,984  
Compton Petroleum Finance Corp.,
7.625%, 12/01/13, Callable 12/01/09 @ 103.81
     6,415       6,335  
Mariner Energy, Inc., 8.000%, 05/15/17,
Callable 05/15/12 @ 104
     3,915       3,886  
OPTI Canada, Inc., 7.875%, 12/15/14,
Callable 12/15/10 @ 104.13 (d)
     10,170       10,170  
OPTI Canada, Inc., 8.250%, 12/15/14,
Callable 12/15/10 @ 104.13 (d) (e)
     14,085       14,296  
Petrohawk Energy Corp., 9.125%,
07/15/13, Callable 07/15/10 @ 104.56
     5,645       5,970  
Sabine Pass LNG LP, 7.250%, 11/30/13 (d) (e)
     2,895       2,873  
Sabine Pass LNG LP, 7.500%, 11/30/16 (d)
     6,540       6,507  
United Refining Co., 10.500%,
08/15/12, Callable 08/15/08 @ 105.25
     260       269  
United Refining Co., 10.500%,
08/15/12, Callable 08/15/08 @ 105.25 (d)
     1,710       1,770  
Western Oil Sands, Inc., 8.375%,
05/01/12
     4,724       5,167  
 
              
 
             66,981  
 
              
 
                
Oil & Gas Services (0.1%)
                
Hanover Compressor Co., 8.625%,
12/15/10, Callable 12/15/07 @ 104.31
     750       773  
 
              
 
                
Packaging & Containers (0.6%)
                
Graphic Packaging International,
9.500%, 08/15/13, Callable 08/15/08 @ 104.75 (e)
     3,200       3,324  
Silgan Holdings, Inc., 6.750%,
11/15/13, Callable 11/15/08 @ 103.38
     3,000       2,933  
 
              
 
             6,257  
 
              
Pipelines (1.9%)
                
Dynegy Holdings, Inc., 7.500%,
06/01/15 (d) (e)
     4,185       3,939  
Dynegy Holdings, Inc., 7.750%,
06/01/19 (d) (e)
     5,555       5,166  
Markwest Energy Partners LP, Ser B,
8.500%, 07/15/16, Callable 07/15/11 @ 104.25
     3,295       3,353  
Transcontinental Gas Pipe Line Corp.,
Ser B, 8.875%, 07/15/12
     325       364  
Williams Partners LP, 7.250%,
02/01/17
     6,035       6,065  
 
              
 
             18,887  
 
              

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Real Estate (0.7%)
                
American Real Estate Partners LP,
8.125%, 06/01/12, Callable 06/01/08 @
104.06
     1,275       1,280  
American Real Estate Partners LP,
7.125%, 02/15/13, Callable 02/15/09 @
103.56
     3,640       3,512  
American Real Estate Partners LP,
7.125%, 02/15/13, Callable 02/15/09 @
103.56 (d)
     2,095       2,022  
 
              
 
             6,814  
 
              
 
                
REIT (0.2%)
                
Omega Healthcare Investors, Inc.,
7.000%, 04/01/14, Callable 04/01/09 @
103.50
     2,268       2,257  
 
              
 
                
Retail (0.7%)
                
Asbury Automotive Group, Inc.,
7.625%, 03/15/17, Callable 03/15/12 @ 103.81 (d)
     2,595       2,557  
Gamestop Corp., 9.224%, 10/01/11,
Callable 10/01/07 @ 102 (b)
     1,075       1,101  
Gamestop Corp., 8.000%, 10/01/12,
Callable 10/01/09 @ 104
     2,025       2,116  
Rite Aid Corp., 8.125%, 05/01/10,
Callable 05/01/08 @ 102.03
     1,270       1,284  
 
              
 
             7,058  
 
              
 
                
Semiconductors (3.4%)
                
Amkor Technologies, Inc., 7.125%,
03/15/11
     1,650       1,601  
Amkor Technologies, Inc., 9.250%,
06/01/16, Callable 06/01/11 @ 104.63 (e)
     7,795       8,029  
Avago Technologies Finance Ltd.,
10.860%, 06/01/13, Callable 12/01/07 @ 102 (b)
     2,110       2,168  
Freescale Semiconductor, Inc., 10.125%,
12/15/16, Callable 12/15/11 @ 105.06 (d) (e)
     15,820       14,870  
NXP Funding LLC, 9.500%, 10/15/15,
Callable 10/15/11 @ 104.75 (e)
     6,735       6,634  
 
              
 
                
 
             33,302  
 
              
Telecommunications (9.3%)
                
Citizens Communications Co., 9.250%,
05/15/11
     4,955       5,351  
Citizens Communications Co., 9.000%,
08/15/31
     2,660       2,740  
Clear Channel Communications, Inc.,
5.500%, 09/15/14 (e)
     4,700       4,016  
GCI, Inc., 7.250%, 02/15/14, Callable
02/15/09 @ 103.62
     3,460       3,270  
Inmarsat Finance II PLC, 7.522%,
11/15/12, Callable 11/15/08 @ 105.19 (c) (g)
     4,980       4,750  
Inmarsat Group Ltd., 7.625%, 06/30/12,
Callable 03/01/08 @ 103.81
     2,679       2,769  
Intelsat Subsidiary Holding Co. Ltd.,
8.250%, 01/15/13, Callable 01/15/09 @104.13
     10,360       10,515  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Nordic Telephone Co. Holdings,
8.875%, 05/01/16, Callable 05/01/11 @
104.438 (d)
     4,120       4,367  
NTL Cable PLC, 8.750%, 04/15/14,
Callable 04/15/09 @ 104.375
     6,064       6,246  
Qwest Communications International,
Inc., 8.860%, 02/15/09, Callable 02/15/08
@ 100 (b) (e)
     2,245       2,267  
Qwest Communications International,
Inc., 7.250%, 02/15/11, Callable 02/15/08
@ 103.62
     10,575       10,654  
Qwest Corp., 8.610%, 06/15/13 (b)
     3,000       3,255  
Rogers Wireless, Inc., 9.625%,
05/01/11
     1,118       1,258  
Telcordia Technologies, Inc., 9.110%,
07/15/12, Callable 07/15/08 @ 102 (b) (d)
     18,135       17,864  
Valor Telecommunications Enterprise
LLC, 7.750%, 02/15/15, Callable
02/15/10 @ 103.88
     2,580       2,714  
Windstream Corp., 8.625%, 08/01/16,
Callable 08/01/11 @ 104.31 (e)
     8,175       8,645  
 
              
 
             90,681  
 
              
 
                
Transportation (0.7%)
                
Bristow Group, Inc., 7.500%, 09/15/17,
Callable 09/15/12 @ 103.75 (d) (e)
     3,195       3,203  
CHC Helicopter Corp., 7.375%,
05/01/14, Callable 05/01/09 @ 103.69
     3,847       3,664  
 
              
 
             6,867  
 
              
 
                
Total Corporate Bonds (Cost $942,661)
             934,476  
 
              
 
                
 
                
U.S. Treasury Obligation (0.1%)
                
U.S. Treasury Bills (0.1%)
                
4.291%, 07/19/07 (c)
     500       499  
 
              
 
                
Total U.S. Treasury Obligation (Cost $499)
             499  
 
              
 
                
Short-Term Investment (13.4%)
                
Credit Suisse Enhanced Liquidity Fund (f)
     131,757,176       131,757  
 
              
 
                
Total Short-Term Investment (Cost $131,757)
             131,757  
 
              
 
                
Repurchase Agreements (2.0%)
                
HSBC Securities, Inc., 5.285%, dated
06/29/07, to be repurchased on 07/02/07,
repurchase price $11,435 (collateralized by
U.S. Government Agencies;
5.000%-6.500%, due 11/01/36-12/01/36;
total market value $11,663)
     11,430       11,430  
Lehman Brothers, Inc., 5.295%, dated
06/29/07, to be repurchased on 07/02/07,
repurchase price $8,229 (collateralized by
U.S. Government Agencies; 5.500%, due
06/01/36; total market value $8,390)
     8,226       8,226  
 
              
Total Repurchase Agreements (Cost $19,656)
             19,656  
 
              

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Total Investments (Cost $1,129,715) (a) - 114.3%
             1,121,631  
Liabilities in excess of other assets - (14.3)%
             (140,224 )
 
              
 
                
Net Assets - 100.0%
           $ 981,407  
 
              
 
(a)   Cost for federal income tax purposes is $1,130,239 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ 6,713  
Unrealized Depreciation
     (15,321 )
 
      
Unrealized Appreciation (Depreciation)
   $ (8,608 )
 
      
 
(b)   Variable rate security. Rate presented represents rate in effect at June 30, 2007. Maturity date represents actual maturity date.
 
(c)   Rate represents the effective yield at purchase.
 
(d)   Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 38.1% of net assets as of June 30, 2007.
 
(e)   This security or a partial position of the security was on loan at June 30, 2007. The total value of securities on loan at June 30, 2007 in thousands was $126,592.
 
(f)   This security was purchased with cash collateral held from securities lending.
 
(g)   Step bond.
 
(h)   This security has not settled as of June 30, 2007 and thus does not have a rate in effect. The security does not have a stated settlement date and will receive a rate upon settling with the custodian.
LLC – Limited Liability Corporation
LP – Limited Partnership
PLC- Public Limited Company
REIT – Real Estate Investment Trust
Ser – Series
As of June 30, 2007, the Fund had the following unfunded loan commitments:
                 
    Unfunded   Unrealized
Borrower   Commitments ($)   Depreciation ($)
 
Calpine Corp. 0.521%, 03/29/09
     5,000       (100 )
 
             (100 )
 
                
The commitments are available until the maturity date of the respective security.
Credit Default Swap Agreements
                     
        Notional   Fixed   Expiration    
Underlying Instrument   Counterparty   Amount ($)   Rate (%)   Date   Value ($)
Abitibi Consolidated, Inc.
   JP Morgan   8,000   2.80   06/20/12   20
Abitibi Consolidated, Inc.
   JP Morgan   8,500   3.45   06/20/08   73
North America High Yield Index; Series 8
   Bank of America   50,000     2.75   06/20/12   123  
Samina-Sci Corp.
   JP Morgan   7,200   3.48   06/20/12   (265)  
Samina-Sci Corp.
   JP Morgan   1,810   3.48   06/20/12   (67)
Univision Communications, Inc.
   JP Morgan   5,000   4.00   06/20/12   (85)
Univision Communications, Inc.
   JP Morgan   5,000   4.00   06/20/12   (85)
Univision Communications, Inc.
   JP Morgan   10,000     4.00   06/20/12   (170)  
 
                  
 
                   (456)  
 
                  
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC FIXED INCOME FUNDS
Short-Term Bond Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares        
    or        
    Principal        
    Amount     Value  
Asset-Backed Securities (3.9%)
                
Automobile ABS (3.9%)
                
Capital Auto Receivables Asset Trust,
                
Ser 2006-1, Cl A3, 5.030%, 10/15/09
   $ 2,815     $ 2,806  
Capital One Prime Auto Receivable
                
Trust, Ser 2006-1 Cl A3, 4.990%,
09/15/10
     3,500       3,490  
Honda Auto Receivables Owner Trust,
                
Ser 2005-6, Cl A3, 4.850%, 10/19/09
     2,520       2,513  
USAA Auto Owner Trust, Ser 2006-4
              
Cl A3, 5.010%, 06/15/11
     5,000       4,981    
Total Asset-Backed Securities (Cost $13,827)
             13,790  
 
                
Collateralized Mortgage Obligations (21.3%)
                
Adjustable Rate Mortgage Trust, Ser
              
2005-1, Cl 2A22, 4.587%, 05/25/35 (b)
     1,640       1,597  
Banc of America Commercial Mortgage,
                
Inc., Ser 2004-2, Cl A2, 3.520%,
11/10/38
     1,602       1,560  
Banc of America Commercial Mortgage,
                
Inc., Ser 2004-5, Cl A3, 4.561%,
11/10/41
     2,300       2,210  
Bear Stearns Alternative-A Trust, Ser
                
2006-2, Cl 23A1, 5.961%, 03/25/36 (b)
     4,021       4,028  
Bear Stearns Commercial Mortgage
                
Securities, Ser 2005-T20, Cl A1, 4.940%,
10/12/42
     1,614       1,598  
CS First Boston Mortgage Securities
                
Corp., Ser 2004-C3, Cl A3, 4.302%,
07/15/36
     3,600       3,520  
CS First Boston Mortgage Securities
                
Corp., Ser 2005-C1, Cl A2, 4.609%,
02/15/38
     4,435       4,338  
Deutsche Mortgage Securities, Inc., Ser
                
2004-5, Cl A2, 4.980%, 07/25/34
     3,500       3,480  
First Horizon Alternative Mortgage
                
Securities, Ser 2005-AA3, Cl 2A1,
5.185%, 05/25/35 (b)
     2,582       2,571  
First Horizon Alternative Mortgage
                
Securities, Ser 2005-AA7, Cl 2A1,
5.410%, 09/25/35 (b)
     2,302       2,289  
Greenwich Capital Commercial Funding
                
Corp., Ser 2004-GG1, Cl A3, 4.344%,
06/10/36
     2,150       2,119  
Greenwich Capital Commercial Funding
                
Corp., Ser 2005-GG3, Cl A2, 4.305%,
08/10/42
     4,025       3,921  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
J.P. Morgan Chase Commercial
                
Mortgage Securities, Ser 2005-LDP1, Cl
A2, 4.625%, 03/15/46
     3,395       3,327  
LB Commercial Conduit Mortgage
                
Trust, Ser 1998-C4, Cl A1B, 6.210%,
10/15/35
     1,934       1,945  
LB-UBS Commercial Mortgage Trust,
                
Ser 2005-C1, Cl A2, 4.310%, 02/15/30
     4,500       4,375  
Morgan Stanley Capital I, Ser
                          
1998-XL2, Cl A2,
6.170%, 10/03/34
     5,340       5,382  
Morgan Stanley Capital I, Ser
                
2006-HQ8, Cl A1, 5.124%, 03/12/44
     1,124       1,118  
Residential Accredit Loans, Inc., Ser
                
2003-QS17, Cl CB3, 5.500%, 09/25/33
     3,125       3,108  
Wachovia Bank Commercial Mortgage
                
Trust, Ser 2002-C1 Cl A2, 5.681%,
04/15/34
     1,132       1,133  
Wachovia Bank Commercial Mortgage
                
Trust, Ser 2005-C16, Cl A2, 4.380%,
10/15/41
     4,135       4,036  
Washington Mutual, Ser 2005-AR4, Cl
                
A1, 3.624%, 04/25/35 (b)
     57       57  
Wells Fargo Mortgage Backed Securities
                
Trust, Ser 2004-S, Cl A5, 3.539%,
09/25/34 (b)
     3,420       3,327  
Wells Fargo Mortgage Backed Securities
                
Trust, Ser 2006-16, Cl A12, 5.000%,
11/25/36
     5,098       5,025  
Wells Fargo Mortgage Backed Securities
                
Trust, Ser 2006-AR8, Cl 2A4, 5.240%,
04/25/36 (b)
     3,939       3,905  
Wells Fargo Mortgage Backed Securities
                
Trust, Ser 2006-AR8, Cl 3A1, 5.239%,
04/25/36 (b)
     4,609       4,564  
Total Collateralized Mortgage Obligations (Cost $74,812)
             74,533  
 
                
Corporate Bonds (14.3%)
                
Auto Parts & Equipment (0.4%)
                
Johnson Controls, Inc., 5.250%,
                
01/15/11
     1,250       1,237  
Banks (2.2%)
                
JPMorgan Chase & Co., 7.000%,
                
11/15/09
     2,540       2,624  
Wachovia Corp., 6.375%, 02/01/09
     3,300       3,353  
Wells Fargo & Co., 4.125%, 03/10/08
     1,800       1,783  
 
             7,760  
Beverages (0.9%)
                
Diageo Capital PLC, 3.375%,
                
03/20/08
     3,225       3,175  
Chemicals (0.3%)
                
Equistar Chemical Funding Corp.,
                
10.125%, 09/01/08
     841       875  
Commercial Services (0.3%)
                
ERAC USA Finance Co., 7.350%,
                
06/15/08 (f)
     1,125       1,140  
Diversified Financial Services (5.3%)
                

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Boeing Capital Corp., 4.750%,
                
08/25/08
     2,437       2,420  
Caterpillar Financial Services Corp.,
                
4.150%, 01/15/10
     1,715       1,666  
Credit Suisse First Boston USA, Inc.,
                
6.500%, 06/01/08
     2,455       2,477  
Goldman Sachs Group Inc., 5.300%,
                
02/14/12 (c)
     2,125       2,091  
HSBC Finance Corp., 4.125%,
                
11/16/09
     2,720       2,642  
ING USA Global Trust, 4.500%,
                
10/01/10
     2,500       2,432  
International Lease Finance Corp.,
                
5.750%, 06/15/11
     3,250       3,265  
Merrill Lynch & Co., Inc., 4.831%,
                
10/27/08
     2,060       2,041  
 
             19,034  
Energy (0.6%)
                
MidAmerican Energy Holdings Co.,
                
3.500%, 05/15/08
     2,000       1,966  
Media (1.3%)
                
Comcast Cable Communication, Inc.,
                
6.750%, 01/30/11
     1,750       1,811  
News America, Inc., 6.625%, 01/09/08
                
(c)
     1,810       1,819  
Time Warner Entertainment Co.,
                
7.250%, 09/01/08
     810       825  
 
             4,455  
 
                
Miscellaneous Manufacturer (1.0%)
                
Honeywell International, Inc., 7.500%,
                
03/01/10
     3,165       3,326  
Oil & Gas (0.6%)
                
Anadarko Petroleum Corp., 3.250%,
                
05/01/08
     1,470       1,441  
Enterprise Products Partners LP, Ser B,
                
4.625%, 10/15/09
     740       725  
 
             2,166  
REITs (0.4%)
                
Simon Property Group LP, 6.375%,
                
11/15/07
     1,500       1,504  
Telecommunications (0.6%)
                
BellSouth Telecommunications, Inc.,
                
5.875%, 01/15/09
     1,450       1,458  
SBC Communications, Inc., 4.125%,
                
09/15/09
     790       768  
 
             2,226  
Transportation (0.4%)
                
Union Pacific Corp., 6.650%, 01/15/11
     1,215       1,253  
 
                
Total Corporate Bonds (Cost $50,428)
             50,117  
 
                
Master Notes (1.7%)
                
Banks (1.7%)
                
Bank of America Corp., 5.435% (b) (e)
     6,000       6,000  
 
                
Total Master Notes (Cost $6,000)
             6,000  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
U.S. Government Agencies (16.8%)
                
Fannie Mae (2.4%)
                
5.200%, 11/20/09, Callable 05/20/08 @
                
100
     6,000       5,982  
5.080%, 05/14/10, Callable 05/14/09 @
                
100
     2,275       2,262  
 
             8,244  
Federal Home Loan Bank (6.6%)
                
5.100%, 09/19/08 (c)
     6,350       6,337  
5.000%, 10/16/09, Callable 10/16/08 @
                
100
     7,930       7,883  
5.300%, 01/22/10, Callable 01/22/08 @
                
100
     6,525       6,512  
5.000%, 03/12/10
     2,375       2,363  
 
             23,095  
 
                
Freddie Mac (7.8%)
                
4.250%, 06/23/08 (c)
     11,745       11,630  
5.000%, 11/01/10, Callable 11/01/07 @
                
100 (c)
     6,680       6,625  
5.125%, 11/24/10, Callable 11/24/08 @
                
100
     5,375       5,336  
5.400%, 02/02/12, Callable 02/02/09 @
                
100
    3,850       3,830  
 
             27,421  
Total U.S. Government Agencies (Cost $58,917)
             58,760  
 
                
U.S. Government Agency Mortgages (26.8%)
                
Fannie Mae (16.9%)
                
7.030%, 08/01/07
     304       304  
6.826%, 11/01/07
     909       907  
6.070%, 10/01/08
     2,073       2,073  
6.595%, 07/01/09
     1,926       1,943  
6.850%, 08/01/09
     3,845       3,906  
7.630%, 02/01/10
     2,750       2,854  
6.955%, 10/01/10 (b)
     2,791       2,882  
7.010%, 11/01/10
     3,024       3,129  
5.620%, 02/01/12
     3,995       4,040  
4.617%, 08/01/13
     5,015       4,961  
4.000%, 12/01/14
     3,124       2,988  
4.500%, 07/01/15
     2,261       2,188  
4.500%, 01/25/25
     5,816       5,730  
5.000%, 11/25/26
     1,880       1,864  
7.162%, 09/01/33 (b)
     672       680  
7.158%, 10/01/33 (b)
     933       946  
4.335%, 03/01/34 (b)
     1,900       1,901  
4.670%, 05/01/35 (b)
     5,593       5,522  
4.822%, 06/01/35 (b)
     4,031       3,984  
5.357%, 06/01/36 (b)
     6,206       6,156  
 
             58,958  
Freddie Mac (8.4%)
                
4.000%, 07/01/08
     1,534       1,514  
3.750%, 12/15/11
     1,645       1,599  
5.591%, 01/25/12
     2,250       2,244  
4.000%, 07/15/14
     4,581       4,505  
5.875%, 05/15/16 (b)
     3,411       3,408  
4.500%, 08/15/19
     97       94  
5.000%, 12/15/20
     1,528       1,523  
4.500%, 10/15/28
     2,198       2,149  
4.284%, 03/01/34 (b)
     1,806       1,780  

 

 

                 
4.942%, 04/01/34 (b)
     1,329       1,339  
6.292%, 09/01/36 (b)
     3,555       3,598  
5.155%, 04/01/37 (b)
     5,519       5,460  
 
             29,213  
Government National Mortgage Association (1.5%)
                
6.001%, 02/16/24 (b)
     576       581  
3.772%, 05/16/25
     4,871       4,701  
 
             5,282  
Total U.S. Government Agency Mortgages (Cost $94,243)
             93,453  
 
                
U.S. Treasury Obligations (13.0%)
                
U.S. Treasury Notes (13.0%)
                
4.375%, 11/15/08 (c)
     12,540       12,437  
4.500%, 02/15/09 (c)
     19,205       19,071  
3.500%, 08/15/09 (c)
     5,070       4,927  
3.500%, 02/15/10 (c)
     7,795       7,529  
4.750%, 02/15/10 (c)
     1,110       1,106  
4.125%, 08/15/10
     375       367  
Total U.S. Treasury Obligations (Cost $45,444)
             45,437  
 
                
Short-Term Investment (21.0%)
                
Credit Suisse Enhanced Liquidity Fund (d)
     73,336,150       73,336  
Total Short-Term Investment (Cost $73,336)
             73,336  
 
                
Money Market Fund (1.4%)
                
STI Classic Institutional Cash
     4,764,408       4,764  
Management Money Market Fund (g)
                
Total Money Market Fund (Cost $4,764)
             4,764  
 
                
Total Investments (Cost $421,771)(a) - 120.2%
             420,190  
Liabilities in excess of other assets - (20.2)%
             (70,675 )
Net Assets - 100.0%
           $ 349,515  
 
(a)   Cost for federal income tax purposes is $422,130 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ —  
Unrealized Depreciation
     (1,940 )
 
      
Unrealized Appreciation (Depreciation)
   $ (1,940 )
 
      
Amounts designated as “-” are $0 or have been rounded to $0.
 
(b)   Variable rate security. Rate presented represents rate in effect at June 30, 2007. Maturity date represents actual maturity date.
 
(c)   This security or a partial position of the security was on loan at June 30, 2007. The total value of securities on loan at June 30, 2007 in thousands was $71,117.
 
(d)   This security was purchased with cash collateral held from securities lending.
 
(e)   Perpetual Maturity.
 
(f)   Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. This security represents 0.3% of net assets as of June 30, 2007.
 
(g)   Affiliate investment.

 

 

Cl – Class
LP – Limited Partnership
PLC – Public Limited Company
REIT – Real Estate Investment Trust
Ser – Series
Open Futures Contracts at June 30, 2007:
                         
                    Unrealized
                    Appreciation
Description   Type   Expiration   Contracts   (Depreciation) ($)
2-yr. U.S. Treasury Note
  Long   9/07     21       7  
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC FIXED INCOME FUNDS
Short-Term U.S. Treasury Securities Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares        
    or        
    Principal        
    Amount     Value  
U.S. Treasury Obligations (98.0%)
                
U.S. Treasury Notes (98.0%)
                
3.375%, 02/15/08
   $ 1,500     $ 1,485  
3.750%, 05/15/08
     5,800       5,737  
4.375%, 11/15/08 (b)
     25,500       25,290  
4.875%, 08/15/09
     24,000       23,983  
4.125%, 08/15/10
     4,000       3,911  
4.500%, 11/15/10
     2,500       2,470  
4.625%, 02/29/12 (b)
     4,000       3,949  
 
              
Total U.S. Treasury Obligations (Cost $67,119)
             66,825  
 
              
 
                
Short-Term Investment (35.8%)
                
Credit Suisse Enhanced Liquidity Fund (c)
     24,427,063       24,427  
 
              
Total Short-Term Investment (Cost $24,427)
             24,427  
 
              
 
                
Money Market Fund (0.1%)
                
Federated U.S. Treasury Cash Reserve
               
Fund
     65,767       66  
 
              
Total Money Market Fund (Cost $66)
             66  
 
              
 
                
Total Investments (Cost $91,612) (a) - 133.9%
             91,318  
Liabilities in excess of other assets - (33.9)%
             (23,110 )
 
              
Net Assets - 100.0%
           $ 68,208  
 
              
 
(a)   Cost for federal income tax purposes is $91,661 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ —  
Unrealized Depreciation
     (343 )
 
      
Unrealized Appreciation (Depreciation)
   $ (343 )
 
      
Amounts designated as “-” are $0 or have been rounded to $0.
(b)   This security or a partial position of the security was on loan at June 30, 2007. The total value of securities on loan at June 30, 2007 in thousands was $23,785.
(c)   This security was purchased with cash collateral held from securities lending.
See Notes to Schedules of Portfolio Investments.

 

STI CLASSIC FIXED INCOME FUNDS
Strategic Income Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares    
    or    
    Principal    
    Amount   Value
Bank Loans (2.0%)
                
Commercial Services (0.9%)
                
Merrill Corp., 13.562%, 10/01/13 (b)(d)
   $ 1,000     $ 1,005  
 
                
 
                
Healthcare - Services (0.4%)
                
Community Health Systems, Inc.,
                
0.000%, 04/25/08 (b) (d) (g)
     450       448  
 
                
Telecommunications (0.7%)
                
Wind Acquisition Holdings, 12.609%,
                
12/07/11 (b) (d)
     777       797  
 
                
Total Bank Loans (Cost $2,227)
             2,250  
 
                
 
                
Commercial Paper (0.7%)
                
Banks (0.4%)
                
Bank of America Corp., 5.317%,
                
08/07/07 (c)
     400       398  
 
                
Diversified Financial Services (0.3%)
                
General Electric Capital Corp., 5.286%,
                
11/21/07 (c)
     410       401  
 
                
Total Commercial Paper (Cost $799)
             799  
 
                
 
                
Corporate Bonds (46.9%)
                
Advertising (2.7%)
                
Affinion Group, Inc., 11.500%,
                
10/15/15, Callable 10/15/10 @ 105.75
     480       518  
Quebecor World Capital Corp., 8.750%,
                
03/15/16, Callable 03/15/11 @ 104.38
               
(d)
     140       138  
Quebecor World, Inc., 9.750%,
                
01/15/15, Callable 01/15/11 @ 104.88
               
(d)
     960       972  
Reader’s Digest Association, Inc.,
                
9.000%, 02/15/17, Callable 02/15/12 @
               
104.50 (d)
     895       837  
Valassis Communications, Inc., 8.250%,
                
03/01/15, Callable 03/01/11 @ 104.13
               
(d) (e)
     585       570  
 
                
 
             3,035  
 
                
Aerospace/Defense (0.1%)
                
Hawker Beechcraft Corp., 8.500%,
                
04/01/15, Callable 04/01/11 @ 104.25
               
(d)
     150       155  
 
                
Apparel (2.2%)
                
Claire’s Stores, Inc., 10.500%, 06/01/17,
                
Callable 06/01/12 @ 105.25 (d) (e)
     785       716  

 

 

                 
    Shares    
    or    
    Principal    
    Amount   Value
Hanesbrands, Inc., 8.784%, 12/15/14,
                
Callable 12/15/08 @ 102 (b)
     230       233  
Levi Strauss & Co., 8.875%, 04/01/16,
                
Callable 04/01/11 @ 104.44
     1,500       1,538  
 
                
 
             2,487  
 
                
Beverages (0.1%)
                
Cott Beverages, Inc., 8.000%, 12/15/11,
                
Callable 12/15/07 @ 102.67
     155       157  
 
                
Chemicals (1.5%)
                
Ineos Group Holdings PLC, 8.500%,
02/15/16, Callable 02/15/11 @ 104.25 (d) (e)
     895       875  
PQ Corp., 7.500%, 02/15/13, Callable
02/15/09 @ 103.75 (b)
     790       837  
 
                
 
             1,712  
 
                
 
                
Commercial Services (2.4%)
                
Atlantic Broadband, Inc., 9.375%,
01/15/14, Callable 01/15/09 @ 104.69
     625       631  
Cenveo Corp., 7.875%, 12/01/13,
Callable 12/01/08 @ 103.94
     215       211  
Deluxe Corp., 7.375%, 06/01/15,
Callable 06/01/11 @ 103.69 (d)
     80       80  
Deluxe Corp., Ser B, 5.125%,
10/01/14
     175       149  
Hertz Corp., 10.500%, 01/01/16,
Callable 01/01/11 @ 105.25 (e)
     315       348  
United Rentals NA, Inc., 6.500%,
02/15/12, Callable 02/15/08 @ 103.25
     320       314  
United Rentals NA, Inc., 7.750%,
11/15/13, Callable 11/15/08 @ 103.88
     380       380  
Visant Holdings Corp., 8.750%,
12/01/13, Callable 12/01/08 @ 106.563
     490       510  
 
                
 
             2,623  
 
                
Diversified Financial Services (5.3%)
                
Americredit Corp., 8.500%, 07/01/15,
Callable 07/01/11 @ 104.25 (d)
     80       81  
Buffalo Thunder Development Authority,
9.375%, 12/15/14, Callable 12/15/10 @
104.69 (d)
     100       100  
Diamond Finance PLC., 6.000%,
05/18/15 (d)
     2,020       1,688  
Ford Motor Credit Co., 8.625%,
11/01/10
     1,275       1,294  
GMAC LLC, 6.625%, 05/15/12
     230       222  
GMAC LLC, 6.750%, 12/01/14
     75       72  
GMAC LLC, 8.000%, 11/01/31
     610       624  
Hexion US Finance Corp., 9.750%,
11/15/14, Callable 11/15/10 @ 104.88
     400       414  
Hexion US Finance Corp., 9.860%,
11/15/14, Callable 11/15/08 @ 102 (b)
     75       77  
IDEARC, Inc., 8.000%, 11/15/16,
Callable 11/15/11 @ 104
     700       707  
Level 3 Financing, Inc., 9.150%,
02/15/15, Callable 02/15/09 @ 102 (b) (d)
     60       60  
NSG Holdings LLC, 7.750%, 12/15/25
(d)
     450       455  

 

 

                 
    Shares    
    or    
    Principal    
    Amount   Value
Snoqualmie Enterprise Authority,
9.125%, 02/01/15, Callable 02/01/11 @
104.56 (d)
     40       41  
 
                
 
             5,835  
 
                
 
                
Diversified Minerals (0.4%)
                
FMG Finance Property Ltd., 10.625%,
09/01/16 (d)
     400       476  
 
                
 
                
Diversified Operations (1.1%)
                
Activant Solutions, Inc., 9.500%,
05/01/16, Callable 05/01/11 @ 104.75
     985       968  
Freeport-McMoRan Copper & Gold,
Inc., 8.564%, 04/01/15, Callable 04/01/09
@ 102 (b)
     255       267  
 
                
 
             1,235  
 
                
 
                
Electric (2.0%)
                
Aquila, Inc., 14.875%, 07/01/12
    910       1,159  
Mirant Americas Generation LLC,
8.300%, 05/01/11
     200       207  
Reliant Energy, Inc., 6.750%, 12/15/14,
Callable 12/15/09 @ 103.38
     830       847  
 
                
 
             2,213  
 
                
Entertainment (0.2%)
                
Pokagon Gaming Authority, 10.375%,
06/15/14, Callable 06/15/10 @ 105.19 (d)
     75       83  
Shingle Springs Tribal Gaming
                
Authority, 9.375%, 06/15/15, Callable
               
06/15/11 @ 104.69 (d)
     100       101  
 
                
 
             184  
 
                
Food (1.4%)
                
Pinnacle Foods Holding Corp.,
10.625%, 04/01/17, Callable 04/01/12 @
105.31 (d) (e)
     1,265       1,218  
Smithfield Foods, Inc., 7.750%,
07/01/17
     345       345  
 
                
 
             1,563  
 
                
Forest Products & Paper (0.1%)
                
Bowater Canada Finance Corp., 7.950%,
11/15/11
    175       165  
 
                
Healthcare — Services (8.2%)
                
Accellent, Inc., 10.500%, 12/01/13,
            
Callable 12/01/09 @ 105.25
     440       437  
Community Health Systems, Inc.,
6.500%, 12/15/12, Callable 12/15/08 @
103.25
     750       783  
Community Health Systems, Inc.,
           
8.875%, 07/15/15, Callable 07/15/11 @
               
104.44 (d)
     2,565       2,599  
HCA, Inc., 9.625%, 11/15/16, Callable
           
11/15/11 @ 104.81 (d)
     1,300       1,398  
Surgical Care Affiliates, Inc., 10.000%,
           
07/15/17, Callable 07/15/12 @ 105 (d)
     1,100       1,095  
Triad Hospitals, Inc., 7.000%, 11/15/13,
           
Callable 11/15/08 @ 103.50
     1,800       1,891  
Universal Hospital Services, Inc.,
            
8.500%, 06/01/15, Callable 06/01/11 @
               
104.25 (d)
     125       124  

 

 

                 
    Shares    
    or    
    Principal    
    Amount   Value
Universal Hospital Services, Inc.,
8.759%, 06/01/15, Callable 06/01/09 @102 (b) (d)
     30       30  
US Oncology, Inc., 10.750%, 08/15/14,
Callable 08/15/09 @ 105.38
     675       722  
 
                
 
             9,079  
 
                
Household Products/Wares (0.7%)
                
Mobile Services Group, Inc., 9.750%,
08/01/14, Callable 08/01/10 @ 104.88 (d)
     690       735  
 
                
Insurance (1.2%)
                
Crum & Forster Holdings Corp.,
7.750%, 05/01/17, Callable 05/01/12 @103.88 (d)
     210       205  
Hub International Holdings, Inc.,
10.250%, 06/15/15, Callable 06/15/11 @105.13 (d)
     1,175       1,131  
 
                
 
             1,336  
 
                
Machinery Diversified (1.2%)
                
Chart Industries, Inc., 9.125%,
10/15/15, Callable 10/15/10 @ 104.56
     1,250       1,313  
 
                
Media (1.4%)
                
Kabel Deutschland GmbH, 10.625%,
07/01/14, Callable 07/01/09 @ 105.31
     580       635  
Mediacom Broadband LLC, 8.500%,
10/15/15, Callable 10/15/10 @ 104.25 (d)
     205       206  
Mediacom Broadband LLC, 8.500%,
10/15/15, Callable 10/15/10 @ 104.25
     500       503  
Quebecor Media, Inc., 7.750%,
03/15/16, Callable 03/15/11 @ 103.88
     195       198  
 
                
 
             1,542  
 
                
Miscellaneous Manufacturer (0.2%)
                
Koppers, Inc., 9.875%, 10/15/13,
Callable 10/15/08 @ 104.94
     181       193  
 
                
Oil & Gas (2.0%)
                
Cie Generale De Geophysique, 7.500%,
05/15/15, Callable 05/15/10 @ 103.75
     50       50  
Cie Generale De Geophysique, 7.750%,
05/15/17, Callable 05/15/12 @ 103.88
     75       76  
Forest Oil Corp., 7.250%, 06/15/19,
Callable 06/15/12 @ 103.63 (d)
     80       78  
Mariner Energy, Inc., 8.000%, 05/15/17,
Callable 05/15/12 @ 104
     115       114  
OPTI Canada, Inc., 7.875%, 12/15/14,
Callable 12/15/10 @ 104.13 (d)
     530       530  
United Refining Co., 10.500%,
08/15/12, Callable 08/15/08 @ 105.25
     1,220       1,263  
United Refining Co., 10.500%,
08/15/12, Callable 08/15/08 @ 105.25 (d)
     70       72  
 
                
 
             2,183  
 
                
 
                
Packaging & Containers (0.8%)
                
Graphic Packaging International,
9.500%, 08/15/13, Callable 08/15/08 @
104.75 (e)
     810       841  
 
                

 

 

                 
    Shares    
    or    
    Principal    
    Amount   Value
Pipelines (2.6%)
                
Dynegy Holdings, Inc., 7.500%,
06/01/15 (d)
     1,310       1,233  
Targa Resources, Inc., 8.500%,
11/01/13, Callable 11/01/09 @ 104.25 (d)
     1,605       1,629  
 
                
 
             2,862  
 
                
 
                
Real Estate (1.3%)
                
American Real Estate Partners LP,
8.125%, 06/01/12, Callable 06/01/08 @ 104.06
    35       35  
American Real Estate Partners LP,
7.125%, 02/15/13, Callable 02/15/09 @103.56
     25       24  
American Real Estate Partners LP,
7.125%, 02/15/13, Callable 02/15/09 @103.56 (d)
     395       381  
Realogy Corp., 12.375%, 04/15/15,
Callable 04/15/11 @ 106.19 (d) (e)
     1,100       1,004  
 
                
 
             1,444  
 
                
 
                
Retail (2.3%)
                
Brookstone Co., Inc., 12.000%,
10/15/12, Callable 10/15/09 @ 106 (e)
     1,200       1,230  
K2, Inc., 7.375%, 07/01/14, Callable
07/01/09 @ 103.69
     1,275       1,342  
 
                
 
             2,572  
 
                
 
                
Semiconductors (2.8%)
                
Amkor Technologies, Inc., 7.125%,
03/15/11
     135       131  
Amkor Technologies, Inc., 9.250%,
06/01/16, Callable 06/01/11 @ 104.63
     140       144  
Freescale Semiconductor, Inc., 10.125%,
12/15/16, Callable 12/15/11 @ 105.06 (d) (e)
     1,195       1,123  
NXP Funding LLC, 9.500%, 10/15/15,
Callable 10/15/11 @ 104.75
     1,480       1,457  
Spansion LLC, 8.485%, 06/01/13,
Callable 06/01/08 @ 102 (b) (d)
     205       205  
 
                
 
             3,060  
 
                
Telecommunications (2.4%)
                
Clear Channel Communications, Inc.,
5.500%, 09/15/14
     75       64  
Clear Channel Communications, Inc.,
5.500%, 12/15/16
     85       70  
Nordic Telephone Co. Holdings,
8.875%, 05/01/16, Callable 05/01/11 @104.438 (d)
     225       239  
Telcordia Technologies, Inc., 9.110%,
07/15/12, Callable 07/15/08 @ 102 (b) (d)
     950       936  
West Corp., 11.000%, 10/15/16,
Callable 10/15/11 @ 105.50 (e)
     1,345       1,405  
 
                
 
             2,714  
 
                
 
                
Transportation (0.3%)
                
Bristow Group, Inc., 7.500%, 09/15/17,
Callable 09/15/12 @ 103.75 (d)
     300       301  
 
                
Total Corporate Bonds (Cost $51,702)
             52,015  
 
                

 

 

                 
    Shares    
    or    
    Principal    
    Amount   Value
Foreign Government Bonds (23.2%)
                
Argentina (0.5%)
                
Republic of Argentina, 5.830%,
12/31/33 (b)
     1,260       564  
 
                
Canada (4.2%)
                
Province of Ontario, 5.450%, 04/27/16
(e)
     4,630       4,638  
 
                
Colombia (0.7%)
                
Republic of Colombia, 7.375%,
09/18/37
     745       832  
 
                
Japan (5.1%)
                
Japan Government, Ser 26, 2.400%,
03/20/37
     348,800       2,802  
Japan Government, Ser 285, 1.700%,
03/20/17
     352,850       2,824  
 
                
               
 
             5,626  
 
                
United Kingdom (12.7%)
                
United Kingdom, 2.250%, 07/08/08
(d)
     14,475       14,055  
 
                
Total Foreign Government Bonds (Cost $25,919)
             25,715  
 
                
 
 
                
U.S. Government Agency Mortgage (10.2%)
                
Freddie Mac (10.2%)
                
5.500%, 05/01/37
     11,707       11,291  
 
                
 
Total U.S. Government Agency Mortgage (Cost $11,290)
             11,291  
 
                
 
 
                
U.S. Treasury Obligations (12.2%)
                
U.S. Treasury Bond (3.4%)
                
4.500%, 02/15/36
     4,215       3,817  
 
                
U.S. Treasury Notes (8.8%)
                
4.750%, 05/31/12
     3,420       3,393  
4.500%, 05/15/17 (e)
     6,640       6,366  
 
                
 
                
 
             9,759  
 
                
Total U.S. Treasury Obligations (Cost $13,511)
             13,576  
 
                
 
 
                
Short-Term Investments (23.6%)
                
Brown Brothers Harriman & Co.,
                
Cayman Islands Cash Sweep
  $ 10,784,949       10,785  
Credit Suisse Enhanced Liquidity Fund (f)
     15,470,713       15,471  
 
                
Total Short-Term Investments (Cost $26,256)
             26,256  
 
                
 
                
Total Investments (Cost $131,704) (a) - 118.8%
             131,902  
Liabilities in excess of other assets - (18.8)%
             (20,880 )
 
                
 
                
Net Assets - 100.0%
           $ 111,022  
 
                
 
(a)   Cost for federal income tax purposes is $132,231 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ 461  
Unrealized Depreciation
     (790 )
 
      
Unrealized Appreciation (Depreciation)
   $ (329 )
 
      

 

 

 
(b)   Variable rate security. Rate presented represents rate in effect at June 30, 2007. Maturity date represents actual maturity date.
 
(c)   Rate represents the effective yield at purchase.
 
(d)   Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 36.2% of net assets as of June 30, 2007.
 
(e)   This security or a partial position of the security was on loan at June 30, 2007. The total value of securities on loan at June 30, 2007 in thousands was $14,940.
 
(f)   This security was purchased with cash collateral held from securities lending.
 
(g)   This security has not settled as of June 30, 2007 and thus does not have a rate in effect. The security does not have a stated settlement date and will receive a rate upon settling with the custodian.
LLC – Limited Liability Corporation
LP – Limited Partnership
PLC – Public Limited Company
Ser – Series
Credit Default Swap Agreements
                                         
            Notional   Fixed   Expiration    
Underlying Instrument   Counterparty   Amount ($)   Rate (%)   Date   Value ($)
Abitibi Consolidated, Inc.
   JP Morgan     500       4.50       06/20/09       4  
Abitibi Consolidated, Inc.
   JP Morgan     500       5.00       06/20/12       (16 )
Abitibi Consolidated, Inc.
   JP Morgan     500       5.00       06/20/12       (15 )
Sanmina – SCI Corp.
   JP Morgan     350       3.48       06/20/12       (13 )
Sanmina – SCI Corp.
   JP Morgan     90       3.48       06/20/12       (3 )
Univision Communications, Inc.
   JP Morgan     1,000       3.80       06/20/12       (25 )
Univision Communications, Inc.
   Citigroup     750       4.10       06/20/12       (5 )
Bolivarian Republic of Venezuela
   Citigroup     65       1.91       05/20/12       (2 )
Bolivarian Republic of Venezuela
   Citigroup     (65 )     1.68       05/20/12       (3 )
 
                                     (78 )
 
                                        
     At June 30, 2007 the Fund’s foreign currency exchange contracts were as follows:
                                         
            Contract Amount   Contract           Unrealized
    Delivery   in Local   Value   Market   Appreciation
Currency   Date   Currency   in USD ($)   Value ($)   (Depreciation) ($)
Short:
                                        
Brazilian Real
     07/16/07       792       405       410       (5 )
Brazilian Real
     07/23/07       1,042       540       539       1  
Brazilian Real
     07/25/07       787       405       407       (2 )
Brazilian Real
     07/25/07       261       135       135       —  
Brazilian Real
     07/25/07       524       270       271       (1 )
Brazilian Real
     07/30/07       2,519       1,290       1,302       (12 )
Chilean Peso
     08/20/07       36,862       70       70       —  
Columbia Peso
     07/27/07       276,500       140       140       —  
Indonesia Rupiah
     08/21/07       614,600       68       68       —  
India Rupee
     11/26/07       2,859       69       69       —  
Japanese Yen
     07/31/07       24,348       199       198       1  
Mexican Nuevo Peso
     07/10/07       442       40       41       (1 )
Mexican Nuevo Peso
     09/17/07       1,540       142       142       —  
Mexican Nuevo Peso
     07/23/07       2,172       200       201       (1 )
Mexican Nuevo Peso
     07/25/07       2,175       200       201       (1 )
Malaysian Ringgit
     08/09/07       710       207       206       1  
Peruvian New Sol
     12/05/07       441       140       140       —  
Phillipine Peso
     11/29/07       3,192       70       69       1  
Phillipine Peso
     12/19/07       6,394       139       138       1  
Phillipine Peso
     11/29/07       3,192       69       69       —  

 

 

                                         
            Contract Amount   Contract           Unrealized
    Delivery   in Local   Value   Market   Appreciation
Currency   Date   Currency   in USD ($)   Value ($)   (Depreciation) ($)
Phillipine Peso
     08/22/07       3,215       70       70       —  
Polish Zloty
     07/31/07       194       68       70       (2 )
Polish Zloty
     07/19/07       400       141       144       (3 )
 
                                        
Total Short Contracts
                     5,077       5,100       (23 )
 
                                        
 
                                        
Long:
                                        
Brazilian Real
     07/19/07       134       65       69       4  
Brazilian Real
     11/26/07       139       70       71       1  
Brazilian Real
     07/16/07       255       130       132       2  
Brazilian Real
     07/16/07       537       275       278       3  
Brazilian Real
     07/23/07       1,042       540       539       (1 )
Brazilian Real
     07/25/07       524       270       271       1  
Brazilian Real
     07/25/07       385       200       199       (1 )
Brazilian Real
     07/25/07       387       200       200       —  
Brazilian Real
     07/30/07       2,519       1,307       1,302       (5 )
Chilean Peso
     08/20/07       36,862       70       70       —  
Chilean Peso
     08/03/07       105,550       200       200       —  
Columbian Peso
     07/27/07       276,500       143       140       (3 )
Indonesia Rupiah
     08/21/07       614,600       70       68       (2 )
India Rupee
     11/26/07       2,859       70       70       —  
Japanese Yen
     07/02/07       344,945       2,806       2,802       (4 )
Japanese Yen
     07/31/07       24,348       200       198       (2 )
Mexican Nuevo Peso
     07/10/07       442       40       41       1  
Mexican Nuevo Peso
     09/17/07       772       70       71       1  
Mexican Nuevo Peso
     09/17/07       769       70       71       1  
Mexican Nuevo Peso
     07/23/07       2,172       200       201       1  
Mexican Nuevo Peso
     07/25/07       2,175       200       201       1  
Malaysian Ringgit
     08/09/07       238       70       69       (1 )
Malaysian Ringgit
     08/09/07       236       70       69       (1 )
Malaysian Ringgit
     08/09/07       236       70       68       (2 )
Peruvian New Sol
     12/05/07       441       140       140       —  
Phillipine Peso
     08/22/07       3,215       70       70       —  
Phillipine Peso
     12/19/07       6,394       140       138       (2 )
Phillipine Peso
     09/28/07       9,270       200       200       —  
Phillipine Peso
     09/28/07       30,063       650       650       —  
Polish Zloty
     07/31/07       194       68       69       1  
Polish Zloty
     07/19/07       400       140       144       4  
 
                                        
Total Long Contracts
                     8,814       8,811       (3 )
 
                                        
Amounts designated as “-” are $0 or have been rounded to $0.
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC FUNDS
Total Return Bond Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares        
    or        
    Principal        
    Amount     Value  
Asset-Backed Securities (0.3%)
                
Home Equity ABS (0.3%)
                
Delta Funding Home Equity Loan Trust,
                
Ser 1999-3, Cl A1F, 7.462%, 09/15/29
   $ 6     $ 6  
Lehman XS Trust, Ser 2007-6, Cl 3A5,
                
5.720%, 06/25/37 (b)
     1,930       1,883  
Soundview Home Equity Loan Trust,
                
Ser 2001-1, Cl A, 6.765%, 04/15/31 (b)
     4       4  
 
              
Total Asset-Backed Securities (Cost $1,940)
             1,893  
 
              
 
                
Collateralized Mortgage Obligations (10.3%)
                
Adjustable Rate Mortgage Trust, Ser
2007-2, Cl 1A21, 5.970%, 06/25/37 (b)
     4,464       4,453  
Banc of America Commercial Mortgage,
                
Inc., Ser 2004-4, Cl A3, 4.128%,
07/10/42
     2,625       2,558  
Banc of America Commercial Mortgage,
                
Inc., Ser 2006-4, Cl A4, 5.634%,
07/10/46
     2,130       2,091  
Bear Stearns Commercial Mortgage
                
Securities, Inc., Ser 2007-PW16, Cl A4,
5.713%, 06/11/40
     2,855       2,835  
Bear Stearns ALT-A Trust, Ser 2006-6,
                
Cl 2A1, 5.939%, 11/25/36 (b)
     3,805       3,775  
Bear Stearns Commercial Mortgage
                
Securities, Inc., Ser 2006-PW13, Cl A4,
5.540%, 09/11/41
     1,725       1,687  
Citigroup/Deutsche Bank Commercial
                
Mortgage Trust, Ser 2005-CD1, Cl A4,
5.225%, 07/15/44 (b)
     1,910       1,850  
Citigroup/Deutsche Bank Commercial
                
Mortgage Trust, Ser 2006-CD2, Cl A4,
5.362%, 01/15/46 (b)
     1,250       1,213  
Credit Suisse Mortgage Capital
                
Certificates, Ser 2007-C3, Cl A4, 5.723%,
06/15/39 (b)
     2,010       1,996  
GE Capital Commercial Mortgage
                
Corp., Ser 2006-C1, Cl A4, 5.339%,
03/10/44 (b)
     2,970       2,884  
GMAC Commercial Mortgage
                
Securities, Inc., Ser 2003-C2, Cl A1,
4.576%, 05/10/40
     2,663       2,613  
GS Mortgage Securities Corp. II, Ser
                
2006-GG6, Cl A2, 5.506%, 04/10/38
(b)
     2,455       2,451  
GS Mortgage Securities Corp. II, Ser
                
2006-GG8, Cl A4, 5.560%, 11/10/39 (b)
     1,500       1,467  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
GS Mortgage Securities Corp. II, Ser
                
2007-GG10, Cl A4, 5.993%, 08/10/45
     2,880       2,880  
GSR Mortgage Loan Trust, Ser
                
2005-5F, Cl 2A2, 5.500%, 06/25/35
     6,628       6,361  
JP Morgan Chase Commercial Mortgage
                
Securities Corp., Ser 2006-CB15, Cl A4,
5.814%, 06/12/43 (b)
     2,415       2,408  
JP Morgan Chase Commercial Mortgage
                
Securities Corp., Ser 2006-LDP6, Cl A4,
5.475%, 04/15/43 (b)
     1,565       1,524  
JP Morgan Chase Commercial Mortgage
                
Securities Corp., Ser 2007-LD11, Cl A4,
6.007%, 06/15/49 (b)
     4,940       4,928  
LB-UBS Commercial Mortgage Trust,
                
Ser 2006-C1, Cl A4, 5.156%, 02/15/31
     2,050       1,958  
Morgan Stanley Capital I, Ser
                
2006-HQ10, Cl A4, 5.328%, 11/12/41
(b)
     3,425       3,294  
TBW Mortgage Backed Pass Through
                
Certificates, Ser 2007-2, Cl A6A, 6.014%,
06/25/37 (b)
     1,550       1,526  
Wachovia Bank Commercial Mortgage
                
Trust, Ser 2006-C23, Cl A4, 5.418%,
01/15/45 (b)
     2,085       2,021  
Wachovia Bank Commercial Mortgage
                
Trust, Ser 2007-C31, Cl A2, 5.736%,
06/15/49 (b)
     3,455       3,470  
Washington Mutual Mortgage
                
Pass-Through Certificates, Ser 2006-AR6,
Cl 2A3, 5.973%, 08/25/36 (b)
     1,899       1,887  
 
              
Total Collateralized Mortgage Obligations (Cost $64,848)
             64,130  
 
              
 
                
Corporate Bonds (14.0%)
                
Aerospace/Defense (0.5%)
                
Boeing Co. (The), 5.125%, 02/15/13
     1,355       1,334  
United Technologies Corp., 4.875%,
                
05/01/15
     1,590       1,506  
 
              
 
             2,840  
 
              
 
                
Airlines (0.3%)
                
Continental Airlines, Inc., Ser A,
                
5.983%, 04/19/22
     1,170       1,137  
Southwest Airlines Co., 5.125%,
                
03/01/17
     785       712  
 
              
 
                
 
             1,849  
 
              
 
                
Auto Manufacturers (0.2%)
                
DaimlerChrysler NA Holding Corp.,
                
8.500%, 01/18/31
     1,215       1,535  
 
              
Banks (0.7%)
                
Bank of America Corp., 7.400%,
                
01/15/11
     2,090       2,212  
Wachovia Corp., 5.300%, 10/15/11
     1,865       1,846  
 
              
 
                
 
             4,058  
 
              
 
                
Beverages (0.3%)
                
SABMiller PLC, 6.200%, 07/01/11 (c)
     1,975       2,008  
 
              
Building Materials (0.4%)
                
Lafarge SA, 6.150%, 07/15/11
     970       986  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Martin Marietta Materials, Inc., 6.250%,
                
05/01/37
     800       776  
Owens Corning, Inc., 6.500%,
                
12/01/16
     825       826  
 
              
 
             2,588  
 
              
 
                
Chemicals (0.2%)
                
Potash Corp. of Saskatchewan, Inc.,
                
5.875%, 12/01/36
     1,310       1,225  
 
              
Commercial Services (0.3%)
                
ERAC USA Finance Co., 5.600%,
                
05/01/15 (c)
     1,080       1,037  
Xerox Corp., 5.500%, 05/15/12
     870       855  
 
              
 
                
 
             1,892  
 
              
 
                
Computers (0.1%)
                
Dell, Inc., 7.100%, 04/15/28
     425       448  
IBM Corp., 5.875%, 11/29/32
     335       331  
 
              
 
                
 
             779  
 
              
 
                
Diversified Financial Services (3.8%)
                
ABX Financing Co., 6.350%, 10/15/36 (c)
     875       842  
CIT Group, Inc., 5.600%, 04/27/11
     1,395       1,384  
Citigroup, Inc., 5.125%, 05/05/14
     500       484  
Citigroup, Inc., 5.850%, 12/11/34
     755       721  
Credit Suisse (USA), Inc., 6.500%,
                
01/15/12
     710       735  
Fund American Cos., Inc., 5.875%,
                
05/15/13
     2,090       2,055  
Goldman Sachs Group, Inc. (The),
                
4.750%, 07/15/13
     2,110       1,997  
HSBC Holdings PLC, 7.625%,
                
05/17/32
     690       798  
International Lease Finance Corp., Ser
                
Q, 5.250%, 01/10/13
     775       758  
International Lease Finance Corp., Ser
                
R, 5.625%, 09/20/13
     425       424  
Janus Capital Group, Inc., 5.875%,
                
09/15/11
     735       736  
Jefferies Group, Inc., 6.450%, 06/08/27
     1,635       1,596  
JPMorgan Chase & Co., 6.625%,
                
03/15/12
     2,035       2,116  
Lazard Group LLC, 7.125%, 05/15/15
     2,215       2,286  
Lehman Brothers Holdings, Inc., Ser I,
                
5.250%, 02/06/12
     1,075       1,057  
Merrill Lynch & Co., Inc., 5.770%,
                
07/25/11 (e)
     1,985       2,004  
Morgan Stanley, 5.300%, 03/01/13
     1,690       1,656  
SLM Corp., Ser A, 5.400%, 10/25/11
     1,365       1,250  
Western Union Co., 5.930%, 10/01/16
     810       790  
 
              
 
                
 
             23,689  
 
              
 
                
Electric (1.5%)
                
Duke Energy Carolinas LLC, 6.100%,
                
06/01/37
     2,390       2,363  
MidAmerican Energy Holdings Co.,
                
6.125%, 04/01/36
     1,300       1,256  
Nevada Power Co., Ser L, 5.875%,
                
01/15/15
     435       425  
Nevada Power Co., Ser R, 6.750%,
                
07/01/37
     930       944  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Oncor Electric Delivery Co., 7.000%,
05/01/32
     810       853  
Pacific Gas & Electric Co., 6.050%,
03/01/34
     1,500       1,453  
Union Electric Co., 5.400%, 02/01/16
     680       648  
Virginia Electric & Power Co., Ser A,
6.000%, 05/15/37
     1,640       1,567  
 
              
 
                
 
             9,509  
 
              
 
                
Insurance (0.6%)
                
American International Group, Ser G,
5.600%, 10/18/16
     2,340       2,306  
Metlife, Inc., 5.700%, 06/15/35
     430       397  
Travelers Cos., Inc. (The), 5.375%,
06/15/12
     905       895  
 
              
 
                
 
             3,598  
 
              
 
                
Machinery Diversified (0.0%)
                
Caterpillar, Inc., 6.050%, 08/15/36
     245       241  
 
              
 
                
Media (0.8%)
                
News America Holdings, Inc., 6.200%,
12/15/34
     770       718  
Time Warner Cable, Inc., 5.850%,
05/01/17 (c)
     3,425       3,331  
Time Warner, Inc., 6.500%, 11/15/36
     815       774  
 
              
 
                
 
             4,823  
 
              
 
                
Miscellaneous Manufacturer (0.7%)
                
General Electric Co., 5.000%, 02/01/13 (e)
     3,495       3,388  
Siemens Financierings NV, 6.125%,
08/17/26 (c)
     995       982  
 
              
 
                
 
             4,370  
 
              
 
                
Oil & Gas (1.0%)
                
Anadarko Petroleum Corp., 5.950%,
09/15/16
     1,115       1,089  
Apache Corp., 6.000%, 01/15/37
     780       744  
ConocoPhillips, 5.900%, 10/15/32 (e)
     580       564  
Devon Financing Corp. ULC, 7.875%,
09/30/31
     280       324  
Enterprise Products Operating LP, Ser
B, 5.750%, 03/01/35
     945       840  
Valero Energy Corp., 6.125%,
06/15/17
     1,590       1,585  
Weatherford International, Inc., 6.500%,
08/01/36
     880       851  
Western Oil Sands, Inc., 8.375%,
05/01/12
     470       514  
 
              
 
                
 
             6,511  
 
              
 
                
Pharmaceuticals (0.2%)
                
Merck & Co., Inc., 5.125%, 11/15/11
     935       922  
Teva Pharmaceutical Finance LLC,
6.150%, 02/01/36
     675       631  
 
              
 
                
 
             1,553  
 
              
 
                
Pipelines (0.5%)
                
Centerpoint Energy Resources Corp., Ser
B, 7.875%, 04/01/13
     1,225       1,337  
El Paso Natural Gas Co., 5.950%,
04/15/17 (c)
     535       518  
Southern Natural Gas Co., 5.900%,
04/01/17 (c) (e)
     445       430  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Williams Partners LP, 7.250%,
                
02/01/17
     540       543  
 
              
 
                
 
             2,828  
 
              
 
                
Retail (0.1%)
                
JC Penny Corp., Inc., 5.075%,
                
02/15/18
     270       261  
Wal-Mart Stores, Inc., 5.250%,
                
09/01/35
     480       419  
 
              
 
             680  
 
              
 
                
Software (0.1%)
                
 
                
Intuit, Inc., 5.750%, 03/15/17
     355       342  
 
              
 
                
Telecommunications (1.7%)
                
AT&T, Inc., 5.100%, 09/15/14
     1,665       1,588  
AT&T, Inc., 6.450%, 06/15/34
     830       820  
Cisco Systems, Inc., 5.500%,
                
02/22/16
     1,910       1,864  
Comcast Corp., 6.450%, 03/15/37
     825       795  
Qwest Communications International,
                
Inc., 7.250%, 02/15/11, Callable 02/15/08 @ 103.62
     545       549  
Rogers Wireless, Inc., 7.500%,
                
03/15/15
     850       911  
Verizon Communications, Inc., 5.550%,
                
02/15/16
     1,440       1,403  
Vodafone Group PLC, 5.500%, 06/15/11 (e)
     2,480       2,461  
 
              
 
                
 
             10,391  
 
              
 
                
Total Corporate Bonds (Cost $88,991)
             87,309  
 
              
 
                
 
                
Foreign Government Bond (1.0%)
                
Japan (YEN) (1.0%)
                
Japan Govt., Ser 22, 0.300%, 09/20/07
     766,300       6,218  
 
              
 
                
Total Foreign Government Bond (Cost $6,247)
             6,218  
 
              
 
                
U.S. Government Agency (0.8%)
                
Fannie Mae (0.8%)
                
4.875%, 08/27/07 (e)
     4,711       4,707  
 
              
 
                
Total U.S. Government Agency (Cost $4,708)
             4,707  
 
              
 
                
U.S. Government Agency Mortgages (45.9%)
                
Fannie Mae (29.3%)
                
5.000%, 12/01/18
     7,736       7,504  
5.000%, 01/01/19
     3,272       3,175  
5.500%, 07/01/19
     71       69  
5.500%, 08/01/19
     575       567  
5.500%, 09/01/19
     2,792       2,759  
5.000%, 10/01/19
     594       576  
5.500%, 12/01/19
     150       148  
4.500%, 12/01/20
     10,472       9,937  
5.500%, 07/01/21
     1,517       1,494  
5.000%, 06/01/22
     509       492  
6.500%, 06/01/32
     60       61  
6.500%, 07/01/32
     314       319  
5.500%, 01/01/33
     13,907       13,413  
6.500%, 03/01/33
     172       173  
5.500%, 06/01/33
     2,169       2,092  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
5.500%, 07/01/33
     379       365  
5.500%, 10/01/33
     4,240       4,089  
6.500%, 10/01/33
     74       75  
6.500%, 10/01/33
     90       91  
5.000%, 11/01/33
     3,544       3,321  
5.000%, 11/01/33
     5,296       4,962  
6.000%, 11/01/33
     129       129  
6.500%, 11/01/33
     678       684  
6.500%, 11/01/33
     96       97  
4.500%, 03/01/34
     8,251       7,502  
5.000%, 04/01/34
     6,927       6,491  
6.500%, 07/01/34
     104       105  
5.500%, 07/01/35 (g)
     29,900       28,834  
6.000%, 10/01/35
     3,283       3,248  
6.000%, 12/01/35
     671       664  
6.000%, 01/01/36
     4,383       4,344  
5.000%, 03/01/36
     3,931       3,683  
5.469%, 04/01/36
     2,447       2,464  
5.500%, 04/01/36
     6,615       6,380  
5.500%, 06/25/36
     2,869       2,855  
6.500%, 09/01/36
     9,630       9,723  
5.631%, 12/01/36 (b)
     5,873       5,847  
5.443%, 01/01/37
     4,839       4,810  
5.500%, 01/01/37
     5,532       5,336  
5.662%, 01/01/37 (b)
     4,411       4,421  
6.000%, 05/01/37
     15,064       14,902  
5.500%, 06/01/37
     539       517  
6.000%, 07/01/37 (g)
     8,000       7,912  
7.000%, 07/01/37 (g)
     5,322       5,458  
 
              
 
             182,088  
 
              
Freddie Mac (16.6%)
                
5.000%, 11/01/18
     53       52  
5.500%, 12/01/18
     98       97  
5.000%, 01/01/19
     622       604  
5.500%, 07/01/22 (g)
     3,000       2,954  
5.500%, 07/15/27
     1,659       1,655  
5.500%, 11/15/28
     2,965       2,956  
5.500%, 05/15/29
     3,168       3,160  
5.500%, 01/15/30
     4,977       4,964  
6.500%, 07/01/32
     126       128  
6.000%, 12/01/32
     739       737  
6.000%, 04/01/33
     1,173       1,162  
6.000%, 10/01/33
     25       25  
6.000%, 11/01/33
     465       461  
6.000%, 11/01/33
     630       628  
6.000%, 12/01/33
     224       223  
6.000%, 07/01/34
     914       909  
6.000%, 10/01/34
     215       214  
5.000%, 04/01/35
     6,349       5,949  
5.500%, 04/01/35
     4,246       4,104  
5.000%, 07/01/35
     5,030       4,728  
5.500%, 07/01/35 (g)
     29,991       28,922  
6.000%, 08/01/35 (g)
     3,930       3,889  
5.000%, 12/01/35
     7,220       6,785  
5.500%, 03/01/36
     6,873       6,632  
6.000%, 11/01/36
     10,120       10,011  
5.289%, 02/01/37 (b)
     8,186       8,133  
5.500%, 03/01/37
     3,473       3,350  
 
              
 
             103,432  
 
              
Total U.S. Government Agency Mortgages (Cost $289,833)
             285,520  
 
              

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
U.S. Treasury Obligations (25.9%)
                
U.S. Treasury Bonds (2.7%)
                
6.125%, 11/15/27 (e)
     10,650       11,870  
4.500%, 02/15/36 (e)
     5,725       5,184  
 
              
 
             17,054  
 
              
 
                
U.S. Treasury Notes (23.2%)
                
4.750%, 02/15/10 (e)
     51,505       51,316  
4.000%, 04/15/10
     25,405       24,819  
4.625%, 10/31/11
     21,005       20,760  
4.375%, 08/15/12 (e)
     24,000       23,458  
4.625%, 11/15/16 (e)
     10,735       10,404  
4.500%, 05/15/17 (e)
     14,185       13,600  
 
              
 
             144,357  
 
              
Total U.S. Treasury Obligations (Cost $161,967)
             161,411  
 
              
 
                
Short-Term Investment (18.9%)
                
Credit Suisse Enhanced Liquidity Fund (f)
     117,589,331       117,589  
 
              
Total Short-Term Investment (Cost $117,589)
             117,589  
 
              
 
                
Money Market Fund (16.1%)
                
STI Classic Institutional Cash
                
Management Money Market Fund (d)
     100,453,637       100,454  
 
              
Total Money Market Fund (Cost $100,454)
             100,454  
 
              
 
                
Total Investments (Cost $836,577) (a) — 133.2%
             829,231  
Liabilities in excess of other assets — (33.2)%
             (206,799 )
 
              
Net Assets — 100.0%
           $ 622,432  
 
              
 
(a)   Cost for federal income tax purposes is $838,199 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ —  
Unrealized Depreciation
     (8,968 )
 
      
Unrealized Appreciation (Depreciation)
   $ (8,968 )
 
      
Amounts designated as “-” are $0 or have been rounded to $0.
(b)   Variable rate security. Rate presented represents rate in effect at June 30, 2007. Maturity date represents actual maturity date.
 
(c)   Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 1.5% of net assets as of June 30, 2007.
 
(d)   Affiliate investment.
 
(e)   This security or a partial position of the security was on loan at June 30, 2007. The total value of securities on loan at June 30, 2007 in thousands was $114,083.
 
(f)   This security was purchased with cash collateral held from securities lending.
 
(g)   This security was purchased on a when-issued basis.
Cl – Class
LLC – Limited Liability Corporation
LP – Limited Partnership
PLC – Public Limited Company
Ser – Series
Credit Default Swap Agreements

 

 

                                         
            Notional   Fixed   Expiration    
Underlying Instrument   Counterparty   Amount ($)   Rate (%)   Date   Value ($)
Dow Jones CDS Indices; Series 7
   Merrill Lynch     5,040       0.58       12/20/16       7  
Dow Jones CDS Indices; Series 7
   Credit Suisse First Boston     1,160       0.65       12/20/16       11  
Dow Jones CDS Indices; Series 7
   Merrill Lynch     560       0.58       12/20/16       (1 )
Dow Jones CDS Indices; Series 7
   Merrill Lynch     560       0.64       12/20/16       3  
Bear Stearns Cos., Inc. (The)
   JPMorgan     (560 )     0.53       06/20/17       2  
Brunswick Corp.
   Merrill Lynch     (560 )     1.15       03/20/17       (2 )
Campbell Soup Co.
   Citigroup     (560 )     0.33       03/20/17       1  
Canadian Pacific Railway Co.
   Merrill Lynch     (560 )     0.55       06/20/17       (4 )
Gannett Co., inc.
   Citigroup     (560 )     0.81       06/20/17       (10 )
IStar Financial, Inc.
   Citigroup     (560 )     0.70       03/20/17       (6 )
Lennar Corp.
   Credit Suisse First Boston     (580 )     1.56       09/20/17       (1 )
MBIA, Inc.
   Credit Suisse First Boston     (580 )     0.88       09/20/17       4  
Nucor Corp.
   Citigroup     (560 )     0.42       03/20/17       —  
Quest Diagnostics, Inc.
   Merrill Lynch     (560 )     0.78       03/20/17       (3 )
Sprint Nextel Corp.
   Citigroup     (560 )     1.18       03/20/17       4  
Wells Fargo & Co.
   JPMorgan     (560 )     0.22       06/20/17       (1 )
Weyerhaeuser Co.
   Citigroup     (560 )     1.05       03/20/17       (3 )
 
                                        
 
                                     1  
 
                                        
At June 30, 2007 the Fund’s foreign currency exchange contracts were as follows:
                                     
        Contract Amount   Contract           Unrealized
    Delivery   in Local   Value   Market   Appreciation
Currency   Date   Currency   in USD ($)   Value ($)   (Depreciation) ($)
Long
                                    
Japanese Yen
  07/03/07     766,739       6,273       6,228       (45 )
 
                                   
 
                                (45 )
 
                                   
Amounts designated as “-” are $0 or have been rounded to $0.
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC FUNDS
Ultra-Short Bond Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares        
    or        
    Principal        
    Amount     Value  
Asset-Backed Securities (4.4%)
                
Automobile ABS (1.4%)
                
Capital One Prime Auto Receivables
                
Trust, Ser 2005-1, Cl A3, 4.320%, 08/15/09 (b)
   $ 507     $ 505            
Honda Auto Receivables Owner Trust,
                
Ser 2005-6, Cl A3, 4.850%, 10/19/09
     650       648  
 
              
 
             1,153  
 
              
 
                
Diversified Financial Services (0.6%)
                
Morgan Stanley Capital I, Ser
                
2006-NC2, Cl A2A, 5.390%, 02/25/36 (b)
     516       516  
 
              
Home Equity ABS (2.4%)
                
JP Morgan Mortgage Acquisition Corp.,
                
Ser 2006-WMC1, Cl A2, 5.390%, 03/25/36 (b)
     542       542  
Master Asset Backed Securities Trust,
                
Ser 2005-AB1, Cl A1A, 5.470%, 10/25/32 (b)
     312       312  
Residential Asset Mortgage Products,
                
Inc., Ser 2006-NC1, Cl A1, 5.400%, 01/25/36 (b)
     92       92  
Residential Funding Mortgage
                
Securities, Ser 2006-HSA1, Cl A1, 5.430%, 11/25/35 (b)
     840       840  
Soundview Home Equity Loan Trust,
                
Ser 2006-0PT2, Cl A1, 5.390%, 05/25/36 (b)
     83       83  
 
              
 
             1,869  
 
              
 
                
Total Asset-Backed Securities (Cost $3,539)
             3,538  
 
              
 
                
Collateralized Mortgage Obligations (18.3%)
                
Adjustable Rate Mortgage Trust, Ser
                
2005-7, Cl 7A21, 5.570%, 10/25/35 (b)
     429       430  
Banc of America Commercial Mortgage,
                
Inc., Ser 2004-2, Cl A2, 3.520%, 11/10/38
     577       562  
Bear Stearns Alternative-A Trust, Ser
                
2006-2, Cl 23A1, 5.961%, 03/25/36 (b)
     740       742  
Bear Stearns Commercial Mortgage
                
Securities, Ser 2005-T20, Cl A1, 4.940%, 10/12/42
     925       915  
Countywide Home Loans, Ser 2002-39,
                
Cl A16, 5.000%, 02/25/33
     209       208  
CS First Boston Mortgage Securities
                
Corp., Ser 2004-C3, Cl A3, 4.302%, 07/15/36
     500       489  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
CS First Boston Mortgage Securities
                
Corp., Ser 2005-C1, Cl A2, 4.609%, 02/15/38
     425       416  
Deutche Mortgage Securities, Inc., Ser
                
2004-5, Cl A2, 4.980%, 07/25/34
     475       472  
Fannie Mae, Ser 2003-35, Cl KA,
                
4.000%, 04/25/17
     586       564  
First Horizon Alternative Mortgage
                
Securities, Ser 2005-AA3, Cl 2A1,
5.185%, 05/25/35 (b)
     665       662  
First Horizon Alternative Mortgage
                
Securities, Ser 2005-AA7, Cl 2A1,
5.410%, 09/25/35 (b)
     576       572  
Greenwich Capital Commercial Funding
                
Corp., Ser 2004-GG1, Cl A3, 4.344%,
06/10/36
     500       493  
Greenwich Capital Commercial Funding
                
Corp., Ser 2005-GG3, Cl A2, 4.305%,
08/10/42
     500       487  
Indymac Loan Trust, Ser 2006-L1, Cl
                
A1, 5.395%, 04/25/11 (b)
     656       656  
JP Morgan Chase Commercial Mortgage
                
Securities, Ser 2005-LDP1, Cl A1,
4.116%, 03/15/46
     714       704  
LB Commercial Conduit Mortgage
                
Trust, Ser 1998-C4, Cl A1B, 6.210%,
10/15/35
     401       403  
LB-UBS Commercial Mortgage Trust,
                
Ser 2005-C1, Cl A2, 4.310%, 02/15/30
     425       413  
Morgan Stanley Capital I, Ser
                
2006-HQ8, Cl A1, 5.124%, 03/12/44
     623       620  
Opteum Mortgage Acceptance Corp., Ser
                
2005-4, Cl 1A1A, 5.490%, 11/25/35 (b)
     553       553  
Terra LNR Ltd., Ser 2006-1A, Cl A1,
                
5.450%, 06/15/17 (b) (c)
     464       464  
Wachovia Bank Commercial Mortgage
                
Trust, Ser 2005-C16, Cl A2, 4.380%,
10/15/41
     819       800  
Washington Mutual, Ser 2005-AR4, Cl
                
A1, 3.624%, 04/25/35 (b)
     33       33  
Wells Fargo Mortgage Backed Securities
                
Trust, Ser 2004-S, Cl A5, 3.539%,
09/25/34 (b)
     750       729  
Wells Fargo Mortgage Backed Securities
                
Trust, Ser 2006-16, Cl A12, 5.000%,
11/25/36
     574       565  
Wells Fargo Mortgage Backed Securities
                
Trust, Ser 2006-AR8, Cl 2A4, 5.240%,
04/25/36 (b)
     947       939  
Wells Fargo Mortgage Backed Securities
                
Trust, Ser 2006-AR8, Cl 3A1, 5.239%,
04/25/36 (b)
     833       825  
 
              
Total Collateralized Mortgage Obligations (Cost $14,719)
             14,716  
 
              
 
                
 
                
Commercial Paper (7.0%)
                
Barlcays US Funding LLC, 5.273%,
                
07/11/07 (f)
     825       821  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
HBOS Treasury Services PLC, 5.289%,
                
07/03/07 (f)
     850       847  
International Lease Finance Corp.,
                
5.285%, 07/09/07 (f)
     1,000       998  
PACCAR Financial Corp., 5.251%,
                
07/12/07 (f)
     1,000       998  
Toyota Motor Credit Corp., 5.270%,
                
07/12/07 (f)
     1,000       998  
UBS Finance Delaware LLC, 5.288%,
                
07/05/07 (f)
     1,000       997  
 
              
Total Commercial Paper (Cost $5,669)
             5,659  
 
              
 
                
 
                
Corporate Bonds (14.6%)
                
Auto Parts & Equipment (0.2%)
                
Johnson Controls, Inc., 5.250%,
                
01/15/11
     200       198  
 
              
Banks (2.1%)
                
Bank of New York Mellon Corp., Ser G,
                
5.375%, 06/29/10 (b)
     1,000       999  
JPMorgan Chase & Co., 7.000%,
                
11/15/09
     325       336  
Wells Fargo & Co., 4.125%, 03/10/08
     340       337  
 
              
 
                
 
             1,672  
 
              
 
                
Chemicals (0.2%)
                
Equistar Chemical Funding Corp.,
                
10.125%, 09/01/08
     159       165  
 
              
Commercial Services (0.5%)
                
ERAC USA Finance Co., 7.350%,
                
06/15/08 (c)
     375       380  
 
              
Diversified Financial Services (5.6%)
                
Allstate Life Global Funding Trusts,
                
5.360%, 06/30/08 (b)
     850       850  
Boeing Capital Corp., 4.750%,
                
08/25/08
     325       323  
Goldman Sachs Group, Inc. (The),
                
6.650%, 05/15/09
     200       204  
Goldman Sachs Group, Inc. (The), Ser
                
B, 5.460%, 06/28/10 (b)
     800       800  
HSBC Finance Corp., 4.125%,
                
03/11/08
     200       198  
HSBC Finance Corp., 4.125%,
                
11/16/09
     200       194  
International Lease Finance Corp., Ser
                
Q, 4.625%, 06/02/08
     500       496  
Lehman Brothers Holdings, Inc.,
                
5.445%, 10/22/08 (b)
     850       852  
Merrill Lynch & Co., Inc., Ser C,
                
5.406%, 05/08/09 (b)
    650       650  
 
              
 
             4,567  
 
              
Energy (0.6%)
                
Calenergy Co., Inc., 7.63%, 10/15/07,
                
7.630%, 10/15/07
     270       272  
MidAmerican Energy Holdings Co.,
                
3.500%, 05/15/08
     222       218  
 
              
 
             490  
 
              

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Insurance (1.2%)
                
Lincoln National Corp., 5.460%,
                
04/06/09 (b)
     1,000       1,002  
 
              
Media (0.8%)
                
Comcast Cable Communication, Inc.,
                
6.750%, 01/30/11
     160       166  
News America, Inc., 6.625%, 01/09/08 (d)
     350       351  
Time Warner Entertainment Co.,
                
7.250%, 09/01/08
     110       112  
 
              
 
             629  
 
              
 
                
Miscellaneous Manufacturer (0.3%)
                
Honeywell International, Inc., 7.500%,
                
03/01/10
     200       210  
 
              
Oil & Gas (0.7%)
                
Anadarko Petroleum Corp., 3.250%,
                
05/01/08
     375       368  
Enterprise Products Partners LP, Ser B,
                
 
                
4.625%, 10/15/09
     195       191  
 
              
 
             559  
 
              
 
                
REITs (0.5%)
                
Simon Property Group LP, 6.375%,
                
11/15/07
     375       376  
 
              
Telecommunications (1.7%)
                
BellSouth Telecommunications, Inc.,
                
5.875%, 01/15/09
     375       377  
Vodafone Group PLC, 5.450%, 12/28/07 (b)
     1,000       1,001  
 
              
 
                
 
             1,378  
 
              
 
                
Transportation (0.2%)
                
Union Pacific Corp., 6.650%, 01/15/11
     125       129  
 
              
 
                
 
                
Total Corporate Bonds (Cost $11,772)
             11,755  
 
              
 
                
 
                
Master Notes (2.1%)
                
Banks (2.1%)
                
Bank of America Corp., 5.435% (b) (g)
     1,650       1,650  
 
              
 
                
 
                
Total Master Notes (Cost $1,650)
             1,650  
 
              
 
                
 
                
U.S. Government Agencies (4.8%)
                
Fannie Mae (0.6%)
                
5.200%, 11/20/09, Callable 05/20/08 @
100
     450       449  
 
              
Federal Home Loan Bank (1.5%)
                
5.300%, 01/22/10, Callable 01/22/08 @
100
     450       449  
4.875%, 03/12/10
     535       531  
5.000%, 03/12/10
     190       189  
 
              
 
                
 
             1,169  
 
              
 
                
Freddie Mac (2.7%)
                
5.400%, 04/17/09, Callable 10/17/07 @
100
     1,175       1,173  
5.125%, 11/24/10, Callable 11/24/08 @
100
     425       422  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
5.250%, 02/24/11, Callable 02/24/09 @
100
     225       224  
5.400%, 02/02/12, Callable 02/02/09 @
100
     450       448  
 
              
 
                
 
             2,267  
 
              
 
                
Total U.S. Government Agencies (Cost $3,896)
             3,885  
 
              
 
                
 
                
U.S. Government Agency Mortgages (45.4%)
                
Fannie Mae (28.8%)
                
6.826%, 11/01/07
     394       393  
6.595%, 07/01/09
     1,357       1,369  
7.630%, 02/01/10
     600       623  
4.500%, 01/25/25
     676       666  
6.250%, 08/25/30
     409       409  
6.752%, 05/01/32 (b)
     206       209  
4.756%, 01/01/33 (b)
     1,690       1,693  
3.639%, 08/01/33 (b)
     566       560  
7.162%, 09/01/33 (b)
     460       465  
7.158%, 10/01/33 (b)
     648       657  
5.312%, 01/01/34 (b)
     456       458  
5.618%, 01/01/34 (b)
     2,707       2,755  
4.335%, 03/01/34 (b)
     699       700  
6.168%, 04/01/34 (b)
     2,344       2,398  
5.466%, 07/01/34 (b)
     964       971  
3.866%, 10/01/34 (b)
     1,206       1,206  
4.095%, 10/01/34 (b)
     1,799       1,817  
4.252%, 12/01/34 (b)
     817       817  
4.056%, 02/01/35 (b)
     1,287       1,287  
4.670%, 05/01/35 (b)
     948       936  
4.277%, 06/01/35 (b)
     563       559  
4.822%, 06/01/35 (b)
     422       417  
4.615%, 07/01/35 (b)
     982       984  
5.357%, 06/01/36 (b)
     865       858  
 
              
 
                
 
             23,207  
 
              
 
                
Freddie Mac (14.8%)
                
4.000%, 11/15/11
     401       397  
3.750%, 12/15/11
     515       501  
5.000%, 02/15/14
     236       235  
4.375%, 04/15/15
     450       437  
4.000%, 05/15/15
     1,275       1,240  
5.000%, 09/15/15
     439       436  
5.500%, 12/15/15
     5       5  
5.000%, 12/15/17
     109       109  
3.500%, 05/15/19
     119       119  
5.000%, 12/15/20
     329       327  
3.667%, 08/01/33 (b)
     572       567  
4.944%, 10/01/33 (b)
     2,834       2,878  
4.284%, 03/01/34 (b)
     867       855  
4.942%, 04/01/34 (b)
     184       186  
5.568%, 05/01/34 (b)
     2,548       2,574  
6.292%, 09/01/36 (b)
     431       436  
5.155%, 04/01/37 (b)
     622       615  
 
              
 
                
 
             11,917  
 
              
 
                
Government National Mortgage Association (1.8%)
                
6.001%, 02/16/24 (b)
     275       278  
3.772%, 05/16/25
     1,178       1,137  
 
              
 
                
 
             1,415  
 
              
 
                
Total U.S. Government Agency Mortgages (Cost $36,355)
             36,539  
 
              

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
U.S. Treasury Obligation (0.6%)
                
U.S. Treasury Notes (0.6%)
                
4.500%, 02/15/09
     500       497  
 
              
 
                
Total U.S. Treasury Obligation (Cost $496)
             497  
 
              
 
                
 
                
Short-Term Investment (0.4%)
                
Credit Suisse Enhanced Liquidity Fund (e)
     293,620       294  
 
              
 
                
Total Short-Term Investment (Cost $294)
             294  
 
              
 
                
 
                
Money Market Fund (2.1%)
                
STI Classic Institutional Cash
                
Management Money Market Fund (h)
     1,677,144       1,677  
 
              
 
                
Total Money Market Fund (Cost $1,677)
             1,677  
 
              
 
                
 
                
Total Investments (Cost $80,067)(a) - 99.7%
             80,210  
Other assets in excess of liabilities - 0.3%
             226  
 
              
 
                
Net Assets - 100.0%
           $ 80,436  
 
              
 
                
 
(a)   Cost for federal income tax purposes is $80,022 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ 398  
Unrealized Depreciation
     (210 )
 
      
Unrealized Appreciation (Depreciation)
   $ 188  
 
      
 
(b)   Variable rate security. Rate presented represents rate in effect at June 30, 2007. Maturity date represents actual maturity date.
 
(c)   Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 1.0% of net assets as of June 30, 2007.
 
(d)   This security or a partial position of the security was on loan at June 30, 2007. The total value of securities on loan at June 30, 2007 in thousands was $278.
 
(e)   This security was purchased with cash collateral held from securities lending.
 
(f)   Rate represents the effective yield at purchase.
 
(g)   Perpetual maturity.
 
(h)   Affiliate investment.
Cl — Class
LLC — Limited Liability Corporation
LP — Limited Partnership
PLC — Public Limited Company
REIT — Real Estate Investment Trust
Ser — Series
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC FIXED INCOME FUNDS
U.S. Government Securities Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares        
    or        
    Principal        
    Amount     Value  
Asset-Backed Securities (0.8%)
                
Home Equity ABS (0.8%)
                
Lehman XS Trust, Ser 2007-6, Cl 3A5,
               
5.720%, 06/25/37 (b)
   $ 4,730     $ 4,617  
 
              
Total Asset-Backed Securities (Cost $4,730)
             4,617  
 
              
 
                
Collateralized Mortgage Obligations (10.1%)
                
Countrywide Alternative Loan Trust,
                
Ser 2007-HY3, Cl 3A1, 5.620%, 03/25/47 (b)
     11,136       11,140  
Countrywide Home Loans, Ser 2007-8,
                
Cl 1A22, 6.000%, 01/25/38
     19,950       19,762    
GSR Mortgage Loan Trust,
                
Ser 2005-5F, Cl 2A2, 5.500%, 06/25/35
     6,601       6,334  
PHH Alternative Mortgage Trust, Ser
                
2007-1, Cl 22A1, 6.000%, 02/25/37 (b)
     13,048       13,068  
Washington Mutual Mortgage
                
Pass-Through Certificates, Ser 2006-AR6,
Cl 2A3, 5.973%, 08/25/36 (b)
     7,841       7,792  
 
              
Total Collateralized Mortgage Obligations (Cost $58,388)
             58,096  
 
              
 
                
 
                
U.S. Government Agency (2.8%)
                
Freddie Mac (2.8%)
                
6.750%, 03/15/31 (c)
     14,000       16,022  
 
              
 
                
Total U.S. Government Agency (Cost $16,733)
             16,022  
 
              
 
                
 
                
U.S. Government Agency Mortgages (55.8%)
                
Fannie Mae (31.9%)
                
5.000%, 10/01/14
     14,362       14,136  
6.000%, 07/01/16
     1,207       1,214  
6.000%, 07/01/16
     627       631  
5.500%, 01/01/18
     5,911       5,845  
6.290%, 08/01/18
     1,092       1,112  
4.500%, 09/01/20
     6,319       5,999  
7.000%, 06/01/32
     481       499  
6.000%, 03/01/33
     1,243       1,237  
6.000%, 10/01/33
     2,168       2,155  
6.000%, 04/01/34
     5,566       5,525  
5.000%, 05/01/34
     5,976       5,623  
5.500%, 09/01/34
     5,315       5,145  
5.500%, 02/01/35
     9,651       9,332  
6.000%, 03/01/35
     2,006       1,988  
5.220%, 07/01/35 (b)
     14,240       13,905  
5.000%, 08/01/35
     8,783       8,252  
5.153%, 01/01/36 (b)
     9,501       9,426  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
6.000%, 01/01/36
     13,159       13,026  
5.092%, 02/01/36 (b)
     8,663       8,666  
5.213%, 02/01/36 (b)
     4,258       4,225  
6.000%, 02/01/36
     5,559       5,503  
5.500%, 04/01/36
     12,581       12,165  
6.015%, 05/01/36 (b)
     20,383       20,576  
6.500%, 05/01/36
     11,359       11,469  
7.000%, 07/01/37 (f)
     15,000       15,384  
 
              
 
                
 
             183,038  
 
              
 
                
Freddie Mac (23.9%)
                
4.875%, 11/15/13
     20,000       19,482  
5.500%, 04/01/17
     1,827       1,806  
5.000%, 04/01/19
     14,267       13,840  
5.000%, 05/01/34
     3,838       3,613  
5.000%, 07/01/35 (f)
     12,000       11,246  
6.000%, 08/01/35 (f)
     15,493       15,333  
5.000%, 09/01/35
     14,219       13,398  
6.500%, 06/01/36
     15,048       15,209  
5.500%, 07/01/36
     22,850       22,050  
6.500%, 09/01/36
     10,631       10,745  
5.500%, 04/01/37
     10,914       10,526  
 
              
 
                
 
             137,248  
 
              
 
                
Total U.S. Government Agency Mortgages (Cost $323,249)
             320,286  
 
              
 
                
 
                
U.S. Treasury Obligations (27.9%)
                
U.S. Treasury Bond (1.4%)
                
4.500%, 02/15/36 (c)
     8,900       8,059  
 
              
 
                
U.S. Treasury Notes (26.5%)
                
5.000%, 02/15/11 (c)
     33,000       33,150  
4.875%, 04/30/11 (c)
     48,000       47,928  
4.625%, 02/29/12 (c)
     20,000       19,744  
4.375%, 08/15/12 (c)
     22,000       21,503  
4.250%, 08/15/13 (c)
     14,450       13,952  
4.625%, 11/15/16 (c)
     16,200       15,700  
 
              
 
                
 
             151,977  
 
              
 
                
Total U.S. Treasury Obligations (Cost $161,271)
             160,036  
 
              
 
                
 
                
Short-Term Investment (30.8%)
                
Credit Suisse Enhanced Liquidity Fund (d)
     176,440,120       176,440  
 
              
 
                
Total Short-Term Investment (Cost $176,440)
             176,440  
 
              
 
                
 
                
Money Market Fund (6.8%)
                
STI Classic Institutional U.S.
                
 
              
 
                
Government Securities Money Market Fund (e)
     38,776,217       38,776  
 
              
Total Money Market Fund (Cost $38,776)
             38,776  
 
              
 
                
 
                
Total Investments (Cost $779,587) (a) - 135.0%
             774,273  
Liabilities in excess of other assets - (35.0)%
             (200,814 )
 
              
 
                
Net Assets - 100.0%
           $ 573,459  
 
              

 

 

 
(a)   Cost for federal income tax purposes is $779,641 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ 752  
Unrealized Depreciation
     (6,120 )
 
      
Unrealized Appreciation (Depreciation)
   $ (5,368 )
 
      
 
(b)   Variable rate security. Rate presented represents rate in effect at June 30, 2007. Maturity date represents actual maturity date.
 
(c)   This security or a partial position of the security was on loan at June 30, 2007. The total value of securities on loan at June 30 2007 in thousands was $ 171,349.
 
(d)   This security was purchased with cash collateral held from securities lending.
 
(e)   Affiliate investment.
 
(f)   This security was purchased on a when-issued basis.
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC FUNDS
U.S. Government Securities Ultra-Short Bond Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares        
    or        
    Principal        
    Amount     Value  
U.S. Government Agencies (12.1%)
               
Fannie Mae (0.8%)
               
5.200%, 11/20/09, Callable 05/20/08 @ 100
   $ 275     $ 274  
 
              
 
                
Federal Home Loan Bank (5.5%)
                
5.167%, 07/18/07 (c)
     750       748  
5.000%, 10/16/09, Callable 10/16/08 @ 100
     300       298  
4.875%, 03/12/10
     425       422  
5.125%, 09/29/10
     335       334  
 
              
 
                
 
             1,802  
 
              
 
                
Freddie Mac (5.8%)
                
5.368%, 07/09/07 (c)
     1,000       999  
5.183%, 08/06/07 (c)
     500       498  
5.125%, 11/24/10, Callable 11/24/08 @ 100
     250       248  
5.250%, 02/24/11, Callable 02/24/09 @ 100
     150       149  
 
              
 
                
 
             1,894  
 
              
 
                
Total U.S. Government Agencies (Cost $3,981)
             3,970  
 
              
 
                
 
                
U.S. Government Agency Mortgages (83.9%)
                
Fannie Mae (61.1%)
                
7.030%, 08/01/07
     63       63  
4.500%, 12/25/12
     108       107  
4.500%, 01/25/25
     338       333  
6.752%, 05/01/32 (b)
     234       237  
3.250%, 11/25/32
     31       31  
4.756%, 01/01/33 (b)
     1,254       1,256  
4.283%, 03/01/33 (b)
     899       906  
4.206%, 05/01/33 (b)
     481       481  
3.600%, 07/01/33 (b)
     628       631  
3.639%, 08/01/33 (b)
     611       605  
7.162%, 09/01/33 (b)
     200       202  
7.158%, 10/01/33 (b)
     278       281  
5.312%, 01/01/34 (b)
     205       206  
5.618%, 01/01/34 (b)
     679       691  
4.335%, 03/01/34 (b)
     620       620  
6.168%, 04/01/34 (b)
     959       981  
5.466%, 07/01/34 (b)
     956       963  
5.591%, 07/01/34 (b)
     1,586       1,590  
3.866%, 10/01/34 (b)
     754       754  
4.095%, 10/01/34 (b)
     1,349       1,363  
4.011%, 12/01/34 (b)
     1,077       1,078  
4.252%, 12/01/34 (b)
     1,867       1,868  
4.651%, 12/01/34 (b)
     446       442  
4.056%, 02/01/35 (b)
     901       901  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
 
                
4.192%, 04/01/35 (b)
     828       836  
4.670%, 05/01/35 (b)
     1,138       1,123  
4.277%, 06/01/35 (b)
     128       127  
4.822%, 06/01/35 (b)
     768       759  
4.615%, 07/01/35 (b)
     581       582  
 
              
 
                
 
             20,017  
 
              
 
                
Freddie Mac (20.8%)
                
4.000%, 11/15/11
     206       204  
3.750%, 12/15/11
     219       213  
5.000%, 02/15/14
     104       104  
4.375%, 04/15/15
     171       166  
4.000%, 05/15/15
     725       705  
5.000%, 09/15/15
     146       145  
5.500%, 12/15/15
     10       10  
3.500%, 05/15/19
     100       100  
3.500%, 01/15/23
     101       100  
3.667%, 08/01/33 (b)
     572       567  
4.944%, 10/01/33 (b)
     689       700  
4.284%, 03/01/34 (b)
     479       473  
4.942%, 04/01/34 (b)
     90       91  
5.568%, 05/01/34 (b)
     849       858  
3.723%, 07/01/34 (b)
     1,027       1,033  
6.292%, 09/01/36 (b)
     732       741  
5.155%, 04/01/37 (b)
     597       590  
 
              
 
                
 
             6,800  
 
              
 
                
Government National Mortgage Association (2.0%)
                
6.001%, 02/16/24 (b)
     69       69  
3.772%, 05/16/25
     612       591  
 
              
 
                
 
             660  
 
              
 
                
Total U.S. Government Agency Mortgages (Cost $27,374)
             27,477  
 
              
 
                
 
                
U.S. Treasury Obligation (0.4%)
                
U.S. Treasury Notes (0.4%)
                
3.500%, 02/15/10
     125       121  
 
              
 
                
Total U.S. Treasury Obligation (Cost $120)
             121  
 
              
 
                
 
                
Money Market Fund (2.6%)
                
Federated Government Obligations
                
 
                
Money Market Fund
     851       851  
 
              
Total Money Market Fund (Cost $851)
             851  
 
              
 
                
 
                
Total Investments (Cost $32,326) (a) - 99.0%
             32,419  
Other assets in excess of liabilities - 1.0%
             328  
 
              
 
                
Net Assets - 100.0%
           $ 32,747  
 
              
 
(a)   Cost for federal income tax purposes is $32,282 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ 206  
Unrealized Depreciation
     (69 )
 
      
Unrealized Appreciation (Depreciation)
   $ 137  
 
      
 
(b)   Variable rate security. Rate presented represents rate in effect at June 30, 2007. Maturity date represents actual maturity date.
 
(c)   Rate represents the effective yield at purchase.
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC FIXED INCOME FUNDS
Virginia Intermediate Municipal Bond Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares        
    or        
    Principal        
    Amount     Value  
Municipal Bonds (97.3%)
                
Virginia (97.3%)
                
Amherst County Service Authority, RB,
6.000%, 12/15/20, Callable 12/15/10 @
102
   $ 500     $ 534  
Amherst County Service Authority, RB,
6.000%, 12/15/30, Callable 12/15/10 @
102
     1,750       1,863  
Arlington County Industrial
Development Authority, Hospital
Facilities, RB, 5.500%, 07/01/11
     2,000       2,088  
Arlington County Industrial
               
Development Authority, Hospital
Facilities, RB, 5.500%, 07/01/17,
Prerefunded 07/01/11 @ 101
     2,225       2,366  
Arlington County Industrial
                
Development Authority, Resource
Recovery, Alexandria/Arlington Waste,
Ser B, RB, AMT, 5.375%, 01/01/12,
Callable 07/01/08 @ 101, FSA
     2,530       2,586  
Arlington County Industrial
                
Development Authority, Resource
Recovery, Ser B, RB, AMT, 5.375%,
01/01/11, Callable 07/01/08 @ 101
     2,785       2,847  
Arlington County, Public Improvement,
                
GO, 5.000%, 03/15/15, State Aid
Withholding
     4,950       5,274  
Bedford County Economic Development
                
Authority, Public Facilities Lease, RB,
5.250%, 05/01/24, Callable 01/01/16 @
100, MBIA
     2,890       3,079  
Bristol Utility System, RB, 5.250%,
                
07/15/23, Callable 07/15/13 @ 100,
MBIA
     1,000       1,052  
Charlottesville Industrial Development
Authority, Educational Facilities,
University of Virginia Foundation
Projects, Ser A, RB, 3.720%, 12/01/37,
LOC: Wachovia Bank N.A. (b)
     1,700       1,700  
Chesapeake Water & Sewer Project, GO,
                
5.000%, 12/01/19, Callable 12/01/14 @
101
     2,465       2,591  
Chesapeake, GO, 5.400%, 12/01/08
     2,500       2,557  
Fairfax County Economic Development
                
Authority, Residential Care Facilities,
Goodwin House, Inc., RB, 4.350%,
10/01/17
     1,295       1,253  
Fairfax County Economic Development
                
Authority, Residential Care Facilities,
Goodwin House, Inc., RB, 4.450%,
10/01/19, Callable 10/01/17 @ 100
     1,000       962  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Fairfax County Economic Development
                
Authority, Residential Care Facilities,
Goodwin House, Inc., RB, 5.000%,
10/01/22, Callable 10/01/17 @ 100
     850       857  
Fairfax County Economic Development
                
Authority, Residential Care Facilities,
Goodwin House, Inc., RB, 4.700%,
10/01/24, Callable 10/01/17 @ 100
     750       718  
Fairfax County, GO, 5.000%, 01/15/26,
                
Callable 01/15/15 @ 100
     1,000       1,040  
Fairfax County, Public Improvement,
                
Ser B, GO, 5.000%, 10/01/12, State Aid
Withholding
     3,250       3,418  
Fauquier County, School Bonds, GO,
                
5.000%, 07/01/19, Callable 07/01/16
@100, MBIA
     2,100       2,226  
Front Royal & Warren County
                
Development Authority, Ser B, RB,
5.000%, 04/01/23, Callable 04/01/14 @
100
     2,485       2,568  
Greater Richmond Convention Center
                
Authority, Hotel Tax, Center Expansion
Project, RB, 6.125%, 06/15/25,
Prerefunded 06/15/10 @ 101
     1,240       1,326  
Greater Richmond Convention Center
                
Authority, Hotel Tax, RB, 5.000%,
06/15/16, Callable 06/15/15 @ 100,
MBIA
     2,855       3,023  
Greater Richmond Convention Center
                
Authority, Hotel Tax, RB, 5.000%,
06/15/25, Callable 06/15/15 @ 100,
MBIA
     1,000       1,039  
Hampton Golf Course, RB, 6.000%,
                
12/01/12
     745       757  
Hampton, Ser A, GO, 5.500%,
                
07/15/18, Callable 07/15/12 @ 101
     1,275       1,367  
Hanover County Industrial Development
                
Authority, Regional Medical Care Project,
RB, 6.375%, 08/15/18, MBIA
     6,100       6,936  
Harrisonburg Industrial Development
                
Authority, Hospital Facilities,
Rockingham Memorial Hospital, RB,
5.000%, 08/15/25, Callable 08/15/16 @
100
     1,000       1,036  
Henrico County Economic Development
                
Authority, Beth Sholom Assisted Living
Project, Ser A, RB, 5.850%, 07/20/19,
Callable 07/20/09 @ 102, GNMA
     400       419  
Henrico County Economic Development
                
Authority, Residential Care Facilities, Ser
A, RB, 5.000%, 06/01/10
     1,015       1,035  
Henrico County Economic Development
                
Authority, Residential Care Facilities, Ser
A, RB, 6.500%, 06/01/22, Callable
06/01/12 @ 100
     1,040       1,103  
Henrico County Economic Development
                
Authority, Residential Care Facilities,
Westminster Canterbury, RB, 5.000%,
10/01/21, Callable 10/01/11 @ 100
     1,375       1,383  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Henrico County Economic Development
                
Authority, Ser A, RB, 5.900%, 07/20/29,
Callable 07/20/09 @ 102, GNMA
     500       525  
Henrico County Industrial Development
                
Authority, Regency 64, RB, AMT,
3.350%, 03/01/16, Callable 08/24/07 @
100, LOC: First Union National Bank
     935       927  
Henry County Public Service Authority,
                
Water & Sewer, RB, 5.250%, 11/15/13,
FSA
     1,500       1,601  
James City County Economic
                
Development Authority, Public Facility
Project, 5.000%, 06/15/21, Callable
06/15/17 @ 100, FSA
     2,215       2,327  
Loudoun County Industrial Development
                
Authority, Howard Hughes Medical
Institution, Ser C, RB, 3.880%, 02/15/38
(b)
     1,000       1,000  
Loudoun County Industrial Development
                
Authority, Loudoun Hospital Center,
RB, 6.000%, 06/01/22, Prerefunded
06/01/12 @ 101
     1,000       1,094  
Loudoun County Industrial Development
                
Authority, Northern Virginia Criminal
Justice, RB, 5.000%, 06/01/26, Callable
06/01/16 @ 100
     2,505       2,598  
Loudoun County Industrial Development
                
Authority, Public Safety Facilities Lease,
Ser A, RB, 5.250%, 12/15/17, Callable
06/15/14 @ 100, FSA
     1,110       1,185  
Loudoun County Industrial Development
                
Authority, Residential Care Facilities,
Ser A, RB, 6.000%, 08/01/24, Callable
08/01/14 @ 100
     1,750       1,852  
Loudoun County Industrial Development
                
Authority, Residential Care Facilities,
Ser B, RB, 5.000%, 08/01/28, Callable
08/01/07 @ 101
     1,100       1,108  
Loudoun County Sanitation Authority,
                
Water & Sewage, RB, 5.000%, 01/01/25,
Callable 01/01/15 @ 100
     3,165       3,283  
Loudoun County, Public Improvement,
                
Ser B, GO, 5.000%, 06/01/14
     3,500       3,718  
Louisa Industrial Development
                
Authority, Pollution Control, Virginia
Electric & Power Co., RB, 5.250%,
12/01/08, Callable 11/08/07 @ 100.5
     910       920  
Lynchburg Industrial Development
                
Authority, Residential Care Facility,
Westminster-Canterbury, RB, 4.875%,
07/01/21, Callable 07/01/17 @ 100
     1,000       979  
Lynchburg, GO, 3.875%, 07/15/08,
                
Callable 07/15/07 @ 100
     2,985       2,985  
Metropolitan Washington DC Airports
                
Authority, Airport System, Ser A, RB,
AMT, 5.500%, 10/01/27, Callable
10/01/11 @ 101, MBIA
     1,000       1,045  
Metropolitan Washington DC Airports
                
Authority, Airport System, Ser C, RB,
5.000%, 10/01/23, Callable 10/01/16 @
100
     1,965       2,046  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Montgomery County Industrial
     1,865       1,986  
Development Authority, RB, 5.500%,
01/15/18, Callable 01/15/12 @ 101,
AMBAC
            
New Kent County Economic
     2,225       2,353  
Development Authority, School &
Governmental Projects, RB, 5.000%,
02/01/18, Callable 02/01/17 @ 100,
FSA
            
Newport News Redevelopment &
     500       510  
Housing Authority, RB, 5.850%,
12/20/30, Callable 08/20/07 @ 102,
GNMA
            
Newport News, GO, 5.250%, 07/01/15
     3,000       3,242  
Peninsula Ports Authority, Residential
     4,520       5,354  
Care Facility, Ser A, RB, 7.375%,
12/01/23, Prerefunded 12/01/13 @ 100
            
Pittsylvania County, Ser B, GO,
     1,000       1,073  
5.625%, 03/01/15, Callable 03/01/11 @
102, MBIA
            
Portsmouth, Ser A, GO, 5.000%,
     2,005       2,121  
04/01/14, MBIA
            
Portsmouth, Ser A, GO, 5.000%,
     2,285       2,431  
07/01/15, MBIA
            
Prince William County Industrial
     1,055       1,135  
Development Authority, ATCC Lease
Project, RB, 5.250%, 02/01/16
            
Richmond Industrial Development
     1,795       1,911  
Authority, Government Facilites, RB,
5.000%, 07/15/18, AMBAC
            
Richmond Industrial Development
     1,000       1,047  
Authority, Student Housing, RB,
5.450%, 01/01/21, Callable 01/01/11 @
102
            
Richmond Public Utility, RB, 5.000%,
     1,000       1,041  
01/15/23, Callable 01/15/15 @ 100,
FSA
            
Richmond, GO, 5.500%, 01/15/12,
     2,500       2,650  
Callable 01/15/11 @ 101, FSA
            
Richmond, GO, 5.500%, 01/15/15,
     1,290       1,365  
Callable 01/15/11 @ 101, FSA
            
Richmond, GO, 5.500%, 01/15/18,
     3,755       3,962  
Callable 01/15/11 @ 101, FSA
            
Roanoke Industrial Development
     2,000       2,143  
Authority, Carilion Health System, Ser A,
RB, 5.750%, 07/01/13, Callable
07/01/12 @ 100
            
Roanoke Industrial Development
     2,000       2,140  
Authority, Carilion Health System, Ser A,
RB, 5.750%, 07/01/14, Callable
07/01/12 @ 100
            
Roanoke Industrial Development
     1,000       1,055  
Authority, Carilion Health System, Ser A,
RB, 5.500%, 07/01/16, Callable
07/01/12 @ 100, MBIA
            
Roanoke Industrial Development
     2,000       2,105  
Authority, Carilion Health System, Ser A,
RB, 5.500%, 07/01/18, Callable
07/01/12 @ 100, MBIA
            

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Roanoke Industrial Development
     1,000       1,052  
Authority, Carilion Health System, Ser A,
RB, 5.500%, 07/01/21, Callable
07/01/12 @ 100, MBIA
            
Roanoke Public Improvement, Ser B,
     2,500       2,617  
GO, 5.000%, 02/01/24, Callable 02/01/15
@ 101
            
Southhampton County Industrial
     1,000       999  
Development Authority, School Project,
Ser B, RB, 4.000%, 04/01/10, Callable
04/01/09 @ 100
            
Spotsylvania County Water & Sewer,
     3,635       3,758  
RB, 5.000%, 06/01/26, FSA
            
Stafford County & Staunton Industrial
     2,165       2,325  
Development Authority, Ser C, RB,
5.250%, 02/01/20, Callable 02/01/17 @
100, XLCA
            
Suffolk Industrial Development
     725       732  
Authority, Retirement Facilities, First
Mortgage — Lake Prince Center, RB,
5.150%, 09/01/24, Callable 09/01/16 @
100
            
Suffolk Redevelopment & Housing
     800       800  
Authority, Multifamily Housing, Summer
Station Apartments LLC, RB, 3.840%,
09/01/19, LOC: SunTrust Bank (b)
            
Tobacco Settlement Financing Corp.,
     1,095       1,093  
RB, 4.000%, 06/01/13
            
Tobacco Settlement Financing Corp.,
     2,070       2,145  
RB, 5.250%, 06/01/19, Callable 06/01/15
@ 100
            
Tobacco Settlement Financing Corp.,
     3,500       3,767  
RB, 5.500%, 06/01/26, Callable 06/01/15
@ 100
            
Virginia Beach Development Authority,
     1,650       1,746  
Ser A, RB, 5.375%, 08/01/16, Callable
08/01/12 @ 100
            
Virginia Beach, Public Improvement,
     2,500       2,629  
Ser B, GO, 5.000%, 05/01/13
            
Virginia Beach, Ser C, GO, 5.000%,
     2,825       3,015  
09/15/16
            
Virginia College Building Authority
     500       479  
Educational Facilities, Roanoke College,
RB, 4.125%, 04/01/19, Callable 04/01/17
@ 100
            
Virginia College Building Authority
     500       482  
Educational Facilities, Roanoke College,
RB, 4.250%, 04/01/20, Callable 04/01/07
@ 100
            
Virginia College Building Authority,
     4,510       4,749  
Educational Facilities Project, Ser A, RB,
5.000%, 02/01/15, Callable 02/01/14 @
100
            
Virginia College Building Authority,
     3,090       3,408  
Educational Facilities Project,
Washington & Lee University, RB,
5.375%, 01/01/21, Callable 01/01/16 @
100
            

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Virginia College Building Authority,
     3,000       3,190  
Educational Facilities, Public Higher
Education Financing Program, Ser A, RB,
5.000%, 09/01/17, Callable 09/01/16 @
100, State Aid Withholding
            
Virginia Commonwealth Transportation
     3,000       3,170  
Board, North Virginia Transportation
District, Ser A, RB, 5.000%, 05/15/14
            
Virginia Commonwealth Transportation
     1,000       1,051  
Board, Ser A, RB, 5.375%, 05/15/12,
Callable 05/15/11 @ 100
            
Virginia Commonwealth Transportation
     1,000       1,063  
Board, Ser A, RB, 5.000%, 09/28/15
            
Virginia Housing Development
     2,000       2,002  
Authority, Commonwealth Mortgage,
Subser D1, RB, AMT, 4.000%,
01/01/09
            
Virginia Housing Development
     1,250       1,282  
Authority, Multifamily, Ser E, RB,
AMT, 5.350%, 11/01/11, Callable
01/01/08 @ 102
            
Virginia Housing Development
     3,500       3,564  
Authority, Multifamily, Ser H, RB,
AMT, 5.625%, 11/01/18, Callable
11/01/09 @ 100
            
Virginia Housing Development
     1,950       1,981  
Authority, Multifamily, Ser I, RB, AMT,
4.875%, 11/01/12, Callable 01/01/09 @
101
            
Virginia Polytechnic Institute & State
     2,095       2,226  
University, Ser D, RB, 5.125%,
06/01/21, Callable 06/01/14 @ 101,
AMBAC
            
Virginia Public Building Authority,
     2,000       2,113  
Public Facilities, Ser C, RB, 5.000%,
08/01/14
            
Virginia Public School Authority,
     3,000       3,120  
School Financing 1997 Resolution, Ser
A, RB, 5.000%, 08/01/11
            
Virginia Public School Authority,
     1,365       1,415  
School Financing 1997, Ser A, RB,
5.000%, 08/01/24, Callable 08/01/14 @
100
            
Virginia Public School Authority, Ser
     2,910       3,025  
B, RB, 5.000%, 08/01/13, Callable
08/01/10 @ 101
            
Virginia Resource Authority, Senior
     2,185       2,262  
Infrastructure, Ser B, RB, 5.000%,
11/01/26, Callable 11/01/14 @ 100
            
Virginia Resources Authority, Clean
     2,030       2,167  
Water State Revolving Fund, RB,
5.000%, 10/01/16
            
Virginia Resources Authority,
     1,500       1,612  
Infrastructure, Ser A, RB, 5.800%,
05/01/30, Prerefunded 05/01/11 @ 101,
MBIA
            
Virginia Small Business Financing
     2,000       2,000  
Authority, Childrens Hospital of Kings,
RB, 3.720%, 01/01/36, LOC: Wachovia
Bank N.A. (b)
            

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Western Regional Jail Authority, Jail
                
Facilities, RB, 4.750%, 06/01/23, Callable
06/01/17 @ 100, MBIA
     2,255       2,303  
Winchester, Public Improvement, GO,
                
5.000%, 11/01/18, Callable 11/01/15 @
100, FGIC
     2,580       2,731  
York County Industrial Development
                
Authority, Pollution Control Project, RB,
5.500%, 07/01/09, Callable 11/08/07 @
100.5
     740       748  
 
              
 
             208,641  
 
              
Total Municipal Bonds (Cost $206,843)
             208,641  
 
              
 
Money Market Fund (1.7%)
                
Federated Virginia Municipal Cash
                
Trust, Institutional Class
     3,664,097       3,664  
 
              
Total Money Market Fund (Cost $3,664)
             3,664  
 
              
 
Total Investments (Cost $210,507) (a) - 99.0%
             212,305  
Other assets in excess of liabilities - 1.0%
             2,166  
 
              
Net Assets - 100.0%
           $ 214,471  
 
              
 
 
(a)   Cost for federal income tax purposes is $210,492 (amount in thousands). Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):
         
Unrealized Appreciation
   $ 3,043  
Unrealized Depreciation
     (1,230 )
 
      
Unrealized Appreciation (Depreciation)
   $ 1,813  
 
      
(b)   Variable rate security. Rate presented represents rate in effect at June 30, 2007. Maturity date represents actual maturity date.
AMBAC – Security insured by American Municipal Bond Assurance Corporation
AMT – Alternative Minimum Tax Paper
FGIC – Security insured by Financial Guaranty Insurance Company
FSA – Security insured by Financial Security Assurance
GNMA – Security insured by Government National Mortgage Association
GO – General Obligation
LLC – Limited Liability Corporation
LOC – Letter of Credit
MBIA – Security insured by Municipal Bond Insurance Association
RB – Revenue Bond
Ser – Series
XLCA – Security insured by XL Capital Assurance, Inc.
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC FUNDS
Prime Quality Money Market Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares        
    or        
    Principal        
    Amount     Value  
Certificates of Deposit (7.3%)
                
Banks (7.3%)
                
ABN AMRO Bank N.V., 5.350%,
01/16/08, Callable 10/16/07 @ 100
   $ 100,000     $ 100,000  
Depfa Bank PLC NY, 5.525%, 08/08/07
     75,000       75,000  
Deutsche Bank AG, 5.410%, 02/28/08 (b)
     75,000       75,000  
Deutsche Bank AG, 5.410%, 04/10/08 (b)
     75,000       75,000  
Deutsche Bank NY, 5.335%, 04/14/08,
Callable 10/15/07 @ 100
     50,000       50,000  
Natixis, 5.400%, 03/27/08 (b)
     75,000       75,000  
Natixis, 5.410%, 04/21/08 (b)
     75,000       75,000  
Natixis NY, 5.360%, 06/17/08, Callable
08/21/07 @ 100
     50,000       50,000  
Royal Bank of Canada NY, 5.330%,
03/20/08 (b)
     25,000       25,001  
Societe Generale NY, 5.230%,
09/27/07
     50,000       50,001  
Societe Generale NY, 5.390%, 02/15/08 (b)
     75,000       75,000  
 
              
Total Certificates of Deposit (Cost $725,002)
             725,002  
 
              
 
                
Commercial Paper (35.4%)
                
Banks (2.9%)
                
Bank of Ireland, 5.541%, 08/15/07 (c) (d)
     50,000       49,676  
Depfa Bank PLC NY, 5.375%, 07/26/07 (c) (d)
     50,000       49,819  
Depfa Bank PLC NY, 5.419%, 08/02/07 (c) (d)
     50,000       49,768  
Northern Rock PLC, 5.342%, 10/09/07 (c) (d)
     40,293       39,704  
Northern Rock PLC, 5.364%, 11/28/07 (c) (d)
     98,500       96,348  
 
              
 
             285,315  
 
              
Diversified Financial Services (32.1%)
                
Anglesea Funding LLC, 5.348%,
07/02/07 (c) (d)
     50,000       49,993  
Anglesea Funding LLC, 5.384%,
07/05/07 (c) (d)
     11,850       11,843  
Anglesea Funding LLC, 5.404%,
07/10/07 (c) (d)
     75,000       74,903  
Anglesea Funding LLC, 5.357%,
07/13/07 (c) (d)
     15,000       14,973  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Anglesea Funding LLC, 5.430%,
07/16/07 (c) (d)
     55,000       54,880  
Anglesea Funding LLC, 5.420%,
07/20/07 (c) (d)
     35,000       34,903  
Anglesea Funding LLC, 5.346%,
08/15/07 (c) (d)
     48,250       47,936  
Axon Financial Funding LLC, 5.407%,
07/06/07 (c) (d)
     28,400       28,379  
Axon Financial Funding LLC, 5.397%,
07/10/07 (c) (d)
     22,750       22,720  
Axon Financial Funding LLC, 5.410%,
07/19/07 (c) (d)
     100,000       99,737  
Axon Financial Funding LLC, 5.415%,
08/17/07 (c) (d)
     33,000       32,774  
Axon Financial Funding LLC, 5.332%,
08/23/07 (c) (d)
     35,000       34,729  
Beethoven Funding Corp., 5.400%,
07/11/07 (c) (d)
     50,000       49,927  
Beethoven Funding Corp., 5.310%,
07/13/07 (c) (d)
     48,920       48,834  
Beethoven Funding Corp., 5.336%,
07/25/07 (c) (d)
     25,062       24,973  
Beethoven Funding Corp., 5.350%,
08/22/07 (c) (d)
     100,000       99,234  
Berkeley Square Finance LLC, 5.396%,
07/05/07 (c) (d)
     84,995       84,945  
Catapult-PmX Funding LLC, 5.322%,
07/05/07 (c) (d)
     95,812       95,755  
Catapult-PmX Funding LLC, 5.351%,
07/12/07 (c) (d)
     50,000       49,919  
Catapult-PmX Funding LLC, 5.332%,
07/19/07 (c) (d)
     75,000       74,801  
Catapult-PmX Funding LLC, 5.320%,
11/30/07 (b) (d)
     100,000       99,994  
Chesham Finance LLC, 5.420%,
07/09/07 (c) (d)
     25,000       24,971  
Chesham Finance LLC, 5.270%,
07/25/07 (b) (d)
     50,000       49,999  
Chesham Finance LLC, 5.399%,
07/26/07 (c) (d)
     9,645       9,610  
Chesham Finance LLC, 5.395%,
08/06/07 (c) (d)
     25,000       24,869  
Chesham Finance LLC, 5.310%,
08/07/07 (b) (d)
     75,000       74,998  
Chesham Finance LLC, 5.375%,
12/07/07 (c) (d)
     30,000       29,306  
Chesham Finance LLC, 5.392%,
02/04/08 (c) (d)
     50,000       48,453  
Chesham Finance LLC, 5.400%,
05/30/08 (c) (d)
     26,000       24,765  
East-Fleet Finance LLC, 5.327%,
07/02/07 (c) (d)
     45,000       44,993  
East-Fleet Finance LLC, 5.327%,
07/09/07 (c) (d)
     16,885       16,865  
East-Fleet Finance LLC, 5.396%,
07/11/07 (c) (d)
     100,561       100,413  
East-Fleet Finance LLC, 5.332%,
07/18/07 (c) (d)
     57,938       57,793  
Ebury Finance LLC, 5.405%,
07/09/07 (c) (d)
     75,000       74,912  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Ebury Finance LLC, 5.337%, 07/24/07 (c) (d)
     19,500       19,434  
Ebury Finance LLC, 5.400%, 07/30/07 (c) (d)
     40,000       39,835  
Ebury Finance LLC, 5.300%, 10/12/07 (b)(d)
     50,000       49,996  
Ebury Finance LLC, 5.415%, 11/02/07 (c) (d)
     45,000       44,194  
Ebury Finance LLC, 5.464%, 01/30/08 (c) (d)
     60,000       58,186  
Fairway Finance Corp., 5.314%,
07/12/07 (c) (d)
     63,011       62,909  
Falcon Asset Securitization Corp. LLC,
5.336%, 07/18/07 (c) (d)
     10,496       10,470  
Five Finance, Inc., 5.386%, 07/06/07 (c) (d)
     24,000       23,983  
Five Finance, Inc., 5.336%, 09/07/07 (c) (d)
     65,000       64,353  
Fountain Square Commercial Funding
Corp., 5.385%, 07/31/07 (c) (d)
     18,850       18,768  
Hudson-Thames LLC, 5.404%,
07/16/07 (c) (d)
     22,923       22,873  
Hudson-Thames LLC, 5.353%,
09/20/07 (c) (d)
     10,141       10,021  
Hudson-Thames LLC, 5.377%,
09/26/07 (c) (d)
     51,350       50,709  
John Deere Capital Corp., 5.339%,
08/10/07 (c) (d)
     28,350       28,183  
Mane Funding Corp., 5.340%, 09/27/07 (c) (d)
     27,370       27,017  
Mica Funding LLC, 5.312%, 07/02/07 (c) (d)
     159,320       159,296  
Mica Funding LLC, 5.401%, 07/12/07 (c) (d)
     50,000       49,920  
Mica Funding LLC, 5.433%, 08/09/07 (c) (d)
     27,300       27,146  
Mica Funding LLC, 5.330%, 03/17/08 (b) (d)
     50,000       49,993  
Morgan Stanley, 5.391%, 07/16/07 (c)
     50,000       49,892  
Morgan Stanley, 5.445%, 09/14/07 (b)
     50,000       50,000  
Nelnet Student Loan Trust, 5.360%,
08/27/07 (c) (d)
     75,900       75,262  
New Center Asset Trust, 5.375%,
07/19/07 (c)
     50,000       49,870  
New Center Asset Trust, 5.399%,
07/26/07 (c)
     50,000       49,819  
New Center Asset Trust, 5.420%,
08/02/07 (c)
     45,885       45,672  
New Center Asset Trust, 5.294%,
08/23/07 (c)
     98,000       97,253  
Park Avenue Receivables Corp.,
5.324%, 07/23/07 (c) (d)
     50,000       49,838  
Sedna Finance, Inc., 5.407%, 08/06/07 (c) (d)
     50,000       49,737  
Sedna Finance, Inc., 5.405%, 09/24/07 (c) (d)
     42,250       41,734  
Stanfield Victoria Funding LLC,
5.390%, 07/25/07 (c) (d)
     15,200       15,147  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Westpac Securities Ltd., 5.329%,
07/27/07 (c) (d)
     27,585       27,479  
Westpac Securities Ltd., 5.348%,
10/30/07 (c) (d)
     10,225       10,045  
Zela Finance, Inc., 5.386%, 08/03/07 (c) (d)
     20,000       19,904  
Zela Finance, Inc., 5.358%, 09/26/07 (c) (d)
     20,000       19,745  
 
              
 
             3,186,782  
 
              
 
                
Transportation (0.4%)
                
United Parcel Service, Inc., 5.323%,
07/31/07 (c) (d)
     15,500       15,435  
United Parcel Service, Inc., 5.421%,
08/31/07 (c) (d)
     25,000       24,785  
 
              
 
             40,220  
 
              
Total Commercial Paper (Cost $3,512,317)
             3,512,317  
 
              
 
                
Corporate Bonds (49.6%)
                
Automobile ABS (0.3%)
                
Ford Credit Auto Owner Trust, Ser
2006-C, Cl A1, 5.357%, 12/15/07 (d)
     4,293       4,293  
Nissan Auto Lease Trust, Ser 2006-A,
Cl A1, 5.347%, 12/14/07
     602       602  
USAA Auto Owner Trust, Ser 2007-1,
Cl A1, 5.337%, 07/11/08
     28,500       28,500  
 
              
 
             33,395  
 
              
Banks (11.0%)
                
Allied Irish Banks PLC, 5.300%,
07/18/08 (b) (d)
     75,000       75,000  
Bank of New York Co., Inc., 5.380%,
05/27/08 (b) (d)
     25,000       25,000  
Bank of New York Co., Inc., 5.290%,
07/11/08 (b) (d)
     50,000       50,000  
Credit Agricole SA, 5.330%, 04/15/08 (b) (d)
     50,000       50,000  
Credit Suisse FB USA, Inc., 5.470%,
06/02/08 (b)
     58,000       58,071  
Danske Bank AS, 5.290%, 07/18/08 (b) (d)
     50,000       50,000  
Fortis Bank NY, 5.341%, 07/18/08 (b) (d)
     50,000       50,000  
Lloyds TSB Group PLC, 5.320%,
06/06/08 (b) (d)
     75,000       75,000  
National Australia Bank Ltd., 5.310%,
07/07/08 (b) (d)
     75,000       75,000  
National City Bank Cleveland, 5.315%,
09/18/07 (b)
     100,000       99,997  
Northern Rock PLC, 5.340%, 07/03/08 (b) (d)
     50,000       50,000  
Royal Bank of Canada, 5.310%,
06/30/08 (b) (d)
     75,000       75,000  
Skandinaviska Enskilda Banken AB,
5.320%, 07/08/08 (b) (d)
     50,000       50,000  
Skandinaviska Enskilda Banken AB,
5.330%, 07/22/08 (b) (d)
     50,000       50,000  
Svenska Handelsbanken AB, 5.290%,
04/04/08 (b) (d)
     70,000       70,000  
UBS AG, 5.290%, 06/16/08 (b)
     75,000       75,000  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Wells Fargo & Co., 5.380%, 01/02/08 (b)
     10,000       10,000  
Wells Fargo & Co., 5.330%, 07/14/08 (b) (d)
     50,000       50,000  
Westpac Banking Corp., 5.310%, 07/15/08 (b) (d)
     60,000       60,000  
 
              
 
             1,098,068  
 
              
Computers (0.3%)
                
IBM Corp., 5.330%, 07/08/08 (b) (d)
     25,000       25,000  
 
              
Diversified Financial Services (37.6%)
                
Alliance & Leicester PLC, 5.330%,
07/08/08 (b) (d)
     30,000       30,000  
American Express Credit Corp., 5.420%,
03/05/08 (b)
     90,000       90,000  
American Honda Finance Corp.,
5.340%, 05/12/08 (b) (d)
     50,000       50,003  
Atlas Capital Funding Corp., 5.310%,
07/10/07 (b) (d)
     50,000       50,000  
Atlas Capital Funding Corp., 5.310%,
07/16/07 (b) (d)
     75,000       75,000  
Atlas Capital Funding Corp., 5.340%,
09/10/07 (b) (d)
     50,000       50,000  
Atlas Capital Funding Corp., 5.350%,
10/25/07 (b) (d)
     30,000       30,000  
Axon Financial Funding LLC, 5.325%,
05/20/08 (b) (d)
     50,000       50,000  
Axon Financial Funding LLC, 5.350%,
05/27/08 (b) (d)
     20,000       20,000  
Bear Stearns Cos., Inc., 5.380%,
06/27/08 (b)
     125,000       124,999  
Beta Finance, Inc., 5.180%, 02/06/08 (b) (d)
     75,000       74,998  
Beta Finance, Inc., 5.170%, 04/03/08 (b) (d)
     50,000       49,996  
BNP Paribas, 5.326%, 05/07/08 (b)
     50,000       50,000  
CC USA, Inc., 5.420%, 09/24/07 (d)
     50,000       50,000  
CC USA, Inc., 5.180%, 01/31/08 (b) (d)
     75,000       75,000  
Cheyne Finance LLC, 5.317%, 08/15/07 (b) (d)
     30,000       29,999  
Cheyne Finance LLC, 5.325%, 08/20/07 (b) (d)
     50,000       49,999  
Cheyne Finance LLC, 5.316%, 12/05/07 (b) (d)
     50,000       49,997  
Cheyne Finance LLC, 5.313%, 01/14/08 (b) (d)
     50,000       49,997  
Cheyne Finance LLC, 5.190%, 01/25/08 (b) (d)
     30,000       29,998  
Cheyne Finance LLC, 5.320%, 05/20/08 (b) (d)
     50,000       49,993  
Cullinan Finance Corp., 5.320%,
10/12/07 (b) (d)
     70,000       69,998  
Cullinan Finance Corp., 5.315%,
03/12/08 (b) (d)
     50,000       49,997  
Cullinan Finance Corp., 5.345%,
05/15/08 (d)
     43,000       43,000  
Dorada Finance, Inc., 5.420%, 02/22/08 (b) (d)
     25,000       25,012  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Five Finance, Inc., 5.310%, 10/30/07 (b) (d)
     50,000       49,997  
Five Finance, Inc., 5.370%, 02/15/08 (b) (d)
     21,000       21,004  
General Electric Capital Corp., 5.445%,
07/09/07 (b)
     69,000       69,000  
Goldman Sachs Group, Inc., 5.370%,
07/14/08 (b) (d)
     100,000       99,999  
Hudson-Thames LLC, 5.420%,
06/16/08 (d)
     50,000       50,000  
K2 (USA) LLC, 5.320%, 12/05/07 (b) (d)
     50,000       49,998  
K2 (USA) LLC, 5.320%, 12/10/07 (b) (d)
     50,000       49,996  
K2 (USA) LLC, 5.185%, 01/30/08 (b) (d)
     50,000       50,000  
K2 (USA) LLC, 5.165%, 03/03/08 (b) (d)
     50,000       49,997  
K2 (USA) LLC, 5.315%, 03/17/08 (b) (d)
     50,000       49,995  
Lehman Brothers Holdings, Inc.,
5.350%, 06/27/08 (b)
     100,000       99,999  
Liberty Light US Capital, 5.320%,
09/14/07 (b) (d)
     100,000       99,998  
Liberty Light US Capital, 5.320%,
11/02/07 (b) (d)
     25,000       24,998  
Liberty Light US Capital, 5.320%,
02/04/08 (b) (d)
     25,000       24,997  
Liberty Light US Capital, 5.320%,
05/02/08 (b) (d)
     60,000       60,000  
Liberty Light US Capital, 5.320%,
05/20/08 (b( (d)
     50,000       49,996  
Merrill Lynch & Co., Inc., 5.400%,
07/03/08 (b)
     30,000       30,000  
Merrill Lynch & Co., Inc., 5.300%,
07/17/08 (b)
     40,000       40,000  
Merrill Lynch & Co., Inc., 5.300%,
07/23/08 (b)
     50,000       50,000  
Morgan Stanley, 5.380%, 07/15/08 (b)
     75,000       75,000  
Morgan Stanley, 5.440%, 07/15/08 (b)
     48,500       48,500  
Orion Finance USA LLC, 5.340%,
06/04/08 (b) (d)
     40,000       40,000  
Orion Finance USA LLC, 5.350%,
06/06/08 (d)
     40,000       40,000  
Orion Finance USA LLC, 5.318%,
06/16/08 (b) (d)
     75,000       75,000  
Sedna Finance, Inc., 5.172%, 03/07/08 (b) (d)
     75,000       74,999  
Sedna Finance, Inc., 5.180%, 03/31/08 (b) (d)
     75,000       75,000  
Sigma Finance, Inc., 5.317%, 11/21/07 (b) (d)
     50,000       49,998  
Sigma Finance, Inc., 5.325%, 12/14/07 (b) (d)
     50,000       49,998  
Sigma Finance, Inc., 5.345%, 01/25/08 (b) (d)
     65,000       65,005  
Sigma Finance, Inc., 5.370%, 02/04/08 (b) (d)
     50,000       50,011  
Sigma Finance, Inc., 5.185%, 04/03/08 (b) (d)
     25,000       24,998  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Stanfield Victoria LLC, 5.330%,
08/01/07 (b) (d)
     100,000       99,998  
Stanfield Victoria LLC, 5.185%,
01/25/08 (b) (d)
     75,000       74,998  
Stanfield Victoria LLC, 5.430%,
06/09/08, Callable 12/10/07 @ 100 (b) (d)
     90,000       90,000  
Toyota Motor Credit Corp., Ser B,
5.140%, 04/14/08 (b)
     50,000       50,000  
Unilever Capital Corp., 5.310%,
07/11/08 (b) (d)
     50,000       50,000  
Whistlejacket Capital Ltd., 5.320%,
11/07/07 (b) (d)
     25,000       24,998  
Whistlejacket Capital Ltd., 5.320%,
01/14/08 (b) (d)
     100,000       99,995  
Zela Finance, Inc., 5.325%, 01/25/08 (b) (d)
     75,000       74,996  
Zela Finance, Inc., 5.180%, 03/12/08 (b) (d)
     50,000       50,000  
Zela Finance, Inc., 5.340%, 05/29/08 (d)
     50,000       50,000  
Zela Finance, Inc., 5.420%, 06/13/08 (d)
     75,000       75,000  
 
              
 
             3,746,454  
 
              
Insurance (0.4%)
                
Lincoln National Corp., 5.400%,
05/16/08 (b) (d)
     35,000       35,000  
 
              
Total Corporate Bonds (Cost $4,937,917)
             4,937,917  
 
              
 
                
Master Notes (2.9%)
                
Banks (2.9%)
                
Bank of America Corp., 5.435% (b) (e)
     284,435       284,435  
 
              
 
                
Total Master Notes (Cost $284,435)
             284,435  
 
              
 
                
U.S. Government Agency (1.0%)
                
Federal Home Loan Bank (1.0%)
                
5.375%, 04/18/08, Callable 10/18/07 @ 100
     100,000       100,000  
 
              
Total U.S. Government Agency (Cost $100,000)
             100,000  
 
              
 
                
Repurchase Agreements (0.8%)
                
Bear Stearns Cos., Inc., 5.335%, dated
06/29/07, to be repurchased on 07/02/07,
repurchase price $5,265 (collateralized by
U.S. Government Agencies; 4.500%, due
05/01/22; total market value $5,368)
     5,263       5,263  
 
                
BNP Paribas, 5.285%, dated 06/29/07,
to be repurchased on 07/02/07, repurchase
price $8,082 (collateralized by U.S.
Government Agencies; DN-7.625%, due
07/06/07-11/01/25; total market value $8,241)
     8,079       8,079  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
HSBC Securities, Inc., 5.285%, dated
06/29/07, to be repurchased on 07/02/07,
repurchase price $28,180 (collateralized by
U.S. Government Agencies; 5.500%, due
04/01/37; total market value $28,735)
     28,168       28,167  
 
                
Lehman Brothers, Inc., 5.295%, dated
06/29/07, to be repurchased on 07/02/07,
repurchase price $19,487 (collateralized by
U.S. Government Agencies; 6.000%, due
09/01/36; total market value $19,870)
     19,479       19,479  
 
                
Merrill Lynch & Co., Inc., 5.215%,
dated 06/29/07, to be repurchased on
07/02/07, repurchase price $2,942
(collateralized by U.S. Government
Agencies; 5.500%, due 05/01/37; total
market value $3,001)
     2,941       2,941  
 
                
Morgan Stanley, 5.265%, dated
06/29/07, to be repurchased on 07/02/07,
repurchase price $13,933 (collateralized by
U.S. Government Agencies;
5.000%-5.500%, due 05/01/34-08/01/35;
total market value $14,206)
     13,927       13,927  
 
                
UBS Warburg LLC, 5.315%, dated
06/29/07, to be repurchased on 07/02/07,
repurchase price $5,889 (collateralized by
U.S. Government Agencies; 6.000%, due
11/15/36; total market value $6,006)
     5,886       5,886  
 
                
Total Repurchase Agreements (Cost $83,742)
             83,742  
 
              
 
Time Deposit (2.1%)
                
Banks (2.1%)
                
BNP Paribas, 5.380% (b)
     203,676       203,676  
 
              
Total Time Deposit (Cost $203,676)
             203,676  
 
              
 
                
Total Investments (Cost $9,847,089) (a) - 99.1%
             9,847,089  
Other assets in excess of liabilities - 0.9%
             84,870  
 
              
Net Assets - 100.0%
           $ 9,931,959  
 
              
 
(a)   Aggregate cost for federal income tax and financial reporting purposes is the same.
 
(b)   Variable rate security. Rate presented represents rate in effect at June 30, 2007. Maturity date represents actual maturity date.
 
(c)   Rate represents the effective yield at purchase.
 
(d)   Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 74.9% of net assets as of June 30, 2007.
 
(e)   Perpetual Maturity
Cl – Class
DN – Discount Note
LLC – Limited Liability Company
PLC – Public Limited Company
Ser – Series
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC FUNDS
Tax-Exempt Money Market Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares        
    or        
    Principal        
    Amount     Value  
Municipal Bonds (96.5%)
                
Alabama (2.4%)
                
Cherokee Industrial Development Board,
The BOC Group Project, RB, 3.740%,
04/01/08, LOC: Wachovia Bank of
Georgia (b) (c)
   $ 3,500     $ 3,500  
Houston County Health Care Authority,
Ser PT-880, RB, 3.540%, 10/01/19,
Callable 02/12/08 @ 100, MBIA (b)
     21,380       21,380  
Marion Educational Building Authority,
Judson College Project, RB, 3.840%,
01/01/33, LOC: SouthTrust Bank N.A. (b)
     6,285       6,285  
Stevenson Industrial Development
Board, Environmental Improvement
Revenue, Mead Corp. Project, RB,
3.720%, 11/01/16, LOC: JP Morgan
Chase Bank (b)
     5,000       5,000  
University of Alabama, Hospital
Improvements, Ser B, RB, 3.730%,
09/01/31, AMBAC (b)
     10,000       10,000  
 
              
 
             46,165  
 
              
Alaska (0.1%)
                
Alaska State Housing Finance Corp.,
Housing Development, Ser D, RB,
3.730%, 06/01/37, MBIA (b)
     2,000       2,000  
 
              
Arizona (1.0%)
                
Phoenix Civic Improvement Corp.,
Water System, Ser PT-2898, RB,
3.800%, 07/01/24, Callable 07/01/15 @
100, MBIA (b)
     9,980       9,980  
Phoenix, Ser H05, GO, 3.790%,
07/01/21, Callable 07/01/17 @ 100,
LOC: Wachovia Bank N.A. (b) (c)
     10,000       10,000  
 
              
 
             19,980  
 
              
Arkansas (0.1%)
                
Pulaski County Public Facilities Board,
Multifamily Housing, Ser PT-3772, RB,
AMT, 3.860%, 02/01/43, LOC: Merrill
Lynch Capital Services, Inc. (b) (c)
     1,040       1,040  
 
              
California (1.6%)
                
California Department of Water
Resources, Power Supply, Ser 1784-B,
RB, 3.830%, 05/01/11, LOC: JP Morgan
Chase Bank (b) (c)
     8,635       8,635  
Culver City School Facilities Financing
Authority, Ser PT-3263, RB, 3.750%,
08/01/24, FSA (b) (c)
     4,980       4,980  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Los Angeles Regional Airports
Improvement Corp., Sublease L.A.
International, RB, 3.940%, 12/01/25,
LOC: Societe Generale (b)
     12,500       12,500  
Pajaro Valley Unified School District,
Ser PT-2779, GO, 3.750%, 08/01/22,
Callable 08/01/15 @ 100, FSA (b) (c)
     4,960       4,960  
San Francisco City & County, Ser
PT-3017, GO, 3.750%, 06/15/25,
Callable 06/15/12 @ 102, MBIA (b) (c)
     1,000       1,000  
 
              
 
             32,075  
 
              
Colorado (1.7%)
                
Arkansas River Power Authority, Ser
PT-3550, RB, 3.790%, 10/01/26, XLCA (b) (c)
     8,500       8,500  
Arkansas River Power Authority, Ser
PT-3575, RB, 3.790%, 10/01/21, XLCA (b) (c)
     3,000       3,000  
Colorado Housing & Finance Authority,
St. Moritz Project, Ser H, RB, 3.700%,
10/15/16, FNMA (b)
     5,215       5,215  
Colorado Water Resources & Power
Development Authority, Ser PT-3179,
RB, 3.800%, 08/01/25, Callable 08/01/15
@ 100, FSA (b)
     12,465       12,465  
Westminster, Ser PPT-2784, COP,
3.800%, 12/01/25, Callable 12/01/15 @
100, MBIA (b) (c)
     4,000       4,000  
 
              
 
             33,180  
 
              
Connecticut (0.4%)
                
Connecticut Housing Finance Authority,
Housing Mortgage Finance, SubSer B-2,
RB, AMT, 3.770%, 11/15/38, AMBAC (b)
     2,000       2,000  
Connecticut, Ser PA-720 R, GO,
3.750%, 06/15/11, Callable 06/15/10 @
100, LOC: Merrill Lynch Capital
Services, Inc. (b) (c)
     5,000       5,000  
 
              
 
             7,000  
 
              
District of Columbia (0.7%)
                
District of Columbia, Planned
Parenthood Project, RB, 3.730%,
12/01/29, LOC: Bank of America N.A. (b)
     6,140       6,140  
District of Columbia, The Phillips
Collection Issue, RB, 3.730%, 08/01/33,
LOC: Bank of America N.A. (b)
     4,700       4,700  
District of Columbia, Thurgood
Marshall Center Trust, RB, 3.770%,
11/01/27, LOC: Branch Banking & Trust Co. (b)
     3,220       3,220  
 
              
 
             14,060  
 
              
Florida (8.7%)
                
De Soto County Industrial Development,
Tremron Project, RB, 3.870%, 11/01/15,
LOC: Branch Banking & Trust Co. (b)
     3,500       3,500  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Florida Department of Environmental
Protection, Preservation, Ser PT-3335,
RB, 3.800%, 07/01/24, Callable 07/01/15
@ 101, MBIA (b) (c)
     19,930       19,930  
Florida Gulf Coast University Financing
Corp., Capital Improvement, RB,
3.680%, 12/01/33, LOC: Wachovia Bank
N.A. (b)
     2,960       2,960  
Florida Housing Finance Corp.,
Multifamily Mortgage, Stone Harbor
Apartments, Ser K, RB, AMT, 3.790%,
07/15/36, LOC: AmSouth Bank (b)
     2,100       2,100  
Hillsborough County Industrial
Development Authority, Independent Day
School Project, RB, 3.780%, 09/01/26,
LOC: Bank of America N.A. (b)
     1,800       1,800  
JEA Electric Systems, Ser 3- A, RB,
3.730%, 10/01/36, CIFG (b)
     75,000       75,000  
Lake County School Board, Ser
PA-1321, COP, 3.800%, 06/01/30,
Callable 06/01/15 @ 100, AMBAC (b) (c)
     2,000       2,000  
Manatee County, St. Stephens Upper
School Project, RB, 3.730%, 11/01/25,
LOC: Bank of America N.A. (b)
     3,100       3,100  
Miami-Dade County Industrial
Development Authority, Gulliver Schools
Project, RB, 3.750%, 09/01/29, LOC:
Bank of America N.A. (b)
     6,950       6,950  
Miami-Dade County School District, Ser
1783, GO, 3.800%, 02/15/11, MBIA (b) (c)
     8,300       8,300  
Orlando Utilities Commission, Water &
Sewer, Ser PT-2285, RB, 3.790%,
04/01/12, LOC: Dexia Credit Local (b)
     8,945       8,945  
Santa Rosa County Health Facilities
Authority, Baptist Hospital, Inc. Project,
RB, 3.730%, 10/01/21, LOC: Bank of
America N.A. (b)
     7,300       7,300  
Sarasota County Health Facility
Authority, Bay Village Project, RB,
3.750%, 12/01/23, LOC: Bank of America
N.A. (b) (c)
     4,000       4,000  
Tampa-Hillsborough County
Expressway Authority, Trust Receipts
K13, Ser D, RB, 3.770%, 07/01/23,
AMBAC (b) (c)
     2,000       2,000  
University of North Florida Foundation,
Inc., Parking Systems Project, RB,
3.730%, 05/01/28, LOC: First Union
National Bank (b)
     5,100       5,100  
Volusia County Housing Finance
Authority, Ser MT 151, RB, 3.780%,
11/15/20, AMBAC (b) (c)
     20,035       20,035  
 
              
 
             173,020  
 
              
Georgia (1.2%)
                
Bulloch County Development Authority,
Ser PT-2594, RB, 3.800%, 08/01/26,
Callable 08/01/15 @ 100, XLCA (b) (c)
     4,070       4,070  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Cobb County Development Authority,
Kennesaw State University Project, RB,
3.770%, 11/01/18, AMBAC (b)
     4,595       4,595  
Dekalb, Newton & Gwinnett Counties
Joint Development Authority, GGC Real
Estate Package I LLC, RB, 3.790%,
06/01/32, LOC: Wachovia Bank N.A. (b)
     3,500       3,500  
Dekalb, Newton & Gwinnett Counties
Joint Development Authority, GPC Real
Estate Student I, RB, 3.790%, 06/01/35,
LOC: Wachovia Bank N.A. (b)
     5,000       5,000  
Fulton County Development Authority,
Kings Ridge Christian School, RB,
3.770%, 05/01/26, LOC: Branch Banking
& Trust Co. (b)
     3,000       3,000  
Toombs County Hospital Authority,
Meadows Regional Medical Center
Project, RB, 3.770%, 12/01/17, LOC:
Branch Banking & Trust Co. (b)
     4,300       4,300  
 
              
 
             24,465  
 
              
Idaho (0.8%)
                
Idaho Health Facility Authority, St.
Lukes Regional Medical Center Project,
RB, 3.940%, 07/01/35, FSA (b)
     15,000       15,000  
 
              
Illinois (9.2%)
                
Bloomington-Normal Airport Authority,
GO, 4.250%, 01/01/12, LOC: JP Morgan
Chase Bank (b)
     500       500  
Chicago Illinois Sales Tax, Ser
PT-2866, RB, 3.800%, 01/01/26,
Callable 07/01/15 @ 100, FSA (b) (c)
     2,800       2,800  
Chicago O’Hare International Airport,
General Airport 2nd Lien, Ser B, RB,
3.690%, 01/01/15, LOC: Societe Generale (b)
     5,200       5,200  
Chicago O’Hare International Airport,
General Airport, 3rd Lien, Ser C, RB,
3.740%, 01/01/35, CIFG (b)
     22,940       22,940  
Chicago, Merlots Project, Ser WWW,
GO, 3.790%, 01/01/22, AMBAC (b) (c)
     11,000       11,000  
Illinois Educational Facilities Authority,
Chicago Children’s Museum Project, RB,
3.830%, 02/01/28, LOC: JP Morgan
Chase Bank (b)
     1,600       1,600  
Illinois Educational Facilities Authority,
Museum of Science & Industry Project,
RB, 3.830%, 11/01/15, LOC: Northern
Trust Co. (b)
     3,900       3,900  
Illinois Finance Authority, Alexian
Brothers Health Project, RB, 3.730%,
04/01/35, LOC: JP Morgan Chase Bank (b)
     31,000       31,000  
Illinois Finance Authority, Resurrection
Health, Ser C, RB, 3.800%, 05/15/35,
LOC: Lasalle Bank N.A. (b)
     31,475       31,475  
Illinois Health Facilities Authority,
Advocate Health Care Project, Ser B, RB,
3.750%, 08/15/22 (b)
     1,900       1,900  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Illinois Housing Development
Authority, Center Apartments Project,
RB, 3.690%, 01/01/08, FSA (b)
     22,100       22,100  
Illinois State, Merlots Project, Ser B04,
GO, 3.790%, 12/01/24, Callable 01/01/12
@100, FSA (b) (c)
     7,210       7,210  
Jackson-Union Counties Regional Port
District, Port Facilities, Enron
Transportation Services, RB, 3.730%,
04/01/24, LOC: Wachovia Bank N.A. (b)
     5,225       5,225  
Macon County, Millikin University
Project, RB, 3.750%, 10/01/28, AMBAC (b)
     5,050       5,050  
Naperville, Heritage YMCA Group, Inc.
Project, RB, 3.770%, 12/01/29, LOC:
Fifth Third Bank (b)
     6,500       6,500  
Regional Transportation Authority, Ser
PT-2398, RB, 3.790%, 06/01/34, FSA (b) (c)
     9,960       9,960  
Regional Transportation Authority, Ser
PT-3518, RB, 3.790%, 06/01/27, FSA (b) (c)
     12,965       12,965  
 
              
 
             181,325  
 
              
Indiana (3.5%)
                
Baugo School Building Corp., Ser
PT-3109, RB, 3.800%, 07/15/24,
Callable 07/15/15 @ 100, FSA (b) (c)
     2,000       2,000  
Evansville Vanderburgh Public Leasing
Corp., Ser PT-2694, RB, 3.800%,
01/15/24, Callable 07/15/15 @ 100,
AMBAC (b) (c)
     2,000       2,000  
Indiana Bond Bank, RB, 3.790%,
02/01/22, Callable 02/01/15 @ 100,
FGIC (b) (c)
     5,110       5,110  
Indiana Bond Bank, Ser PPT-2259, RB,
3.800%, 02/01/12 (b) (c)
     2,000       2,000  
Indiana Development Finance Authority,
Christel House Project, RB, 3.770%,
02/01/23, LOC: Fifth Third Bank (b)
     5,970       5,970  
Indiana Development Finance Authority,
Indiana Historical Society Project, RB,
3.780%, 08/01/31, LOC: JP Morgan
Chase Bank (b) (c)
     1,200       1,200  
Indiana Development Finance Authority,
Indianapolis Museum of Art, RB,
3.780%, 02/01/37, LOC: JP Morgan
Chase Bank (b)
     20,300       20,300  
Marion Economic Development,
Wesleyan University Project, RB,
3.730%, 06/01/36, LOC: Bank of America N.A. (b)
     10,000       10,000  
MSD Warren Township Vision 2005
School Building Corp., Merlots Project,
Ser A52, RB, 3.790%, 07/15/20, FGIC (b) (c)
     6,595       6,595  
Purdue University, Ser PT-3817, RB,
3.740%, 07/01/29, LOC: Dexia Credit
Local (b) (c)
     10,000       10,000  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Wayne Township- Marion County
School Building Corp., Ser PPT-2896,
RB, 3.800%, 07/15/26, Callable 07/15/15
@ 100, FGIC (b) (c)
     4,190       4,190  
 
              
 
             69,365  
 
              
Iowa (0.2%)
                
Iowa Higher Education Loan Authority,
Private College-Graceland Project, RB,
3.780%, 02/01/33, LOC: Bank of America
N.A. (b)
     3,500       3,500  
 
              
Kentucky (0.1%)
                
Campbell County Industrial Building,
Hospital Imaging Co., Inc. Project, RB,
3.790%, 04/01/20, LOC: Fifth Third
Bank (b) (c)
     2,560       2,560  
 
              
Louisiana (0.1%)
                
Louisiana State, Ser PT-3543, GO,
3.800%, 07/15/21, Callable 07/15/16 @
100, CIFG (b) (c)
     1,020       1,020  
 
              
Maryland (2.5%)
                
Maryland Health & Higher Educational
Facilities Authority, Johns Hopkins
Hospital Issue, Ser B, 3.780%, 07/10/07,
LOC: Wachovia Bank N.A.
     20,000       20,000  
Maryland State Economic Development
Corp., YMCA of Central Maryland, Inc.
Project, RB, 3.770%, 04/01/28, LOC:
Branch Banking & Trust Co. (b)
     3,400       3,400  
Maryland State Health & Higher
Educational Facilities Authority,
University of Maryland Medical System,
Ser F, RB, 3.710%, 07/01/41, FGIC (b)
     10,000       10,000  
Maryland State, Ser PA-816, GO,
3.780%, 03/01/12, LOC: Merrill Lynch
Capital Services, Inc. (b) (c)
     5,995       5,995  
Montgomery County Housing
Opportunities Commission, Multifamily
Housing Development, Ser C, RB,
3.630%, 07/01/37, LOC: Depfa Bank
PLC (b)
     1,000       1,000  
Montgomery County Housing
Opportunities Commission, Oakfield
Apartments, Issue I, RB, AMT, 3.810%,
10/15/39, FNMA (b)
     1,000       1,000  
Montgomery County Housing
Opportunities Commission, Single
Family Mortgage, Ser C, RB, 3.520%,
10/26/07, FHA
     6,705       6,705  
 
              
 
             48,100  
 
              
Massachusetts (3.9%)
                
Massachusetts Bay Transportation
Authority, Sales Tax, Ser PT-2581, RB,
3.760%, 07/01/26, LOC: Dexia Credit
Local (b) (c)
     29,840       29,840  
Massachusetts Health & Educational
Facilities Authority, Amherst College, Ser
H, RB, 3.600%, 11/01/33, Mandatory
Put 01/10/08 @ 100
     10,000       10,000  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Massachusetts State Special Obligations,
Dedicated Tax, Ser PT-3050, RB,
3.760%, 01/01/30, FGIC (b) (c)
     24,850       24,850  
Massachusetts State, Ser PT-1390, GO,
3.760%, 03/01/10, FSA (b) (c)
     9,880       9,880  
Massachusetts Water Pollution
Abatement Trust, Ser PA-1221, RB,
3.760%, 08/01/11, LOC: Merrill Lynch
Capital Services, Inc. (b)
     2,500       2,500  
 
              
 
             77,070  
 
              
Michigan (3.5%)
                
Detroit City School District, MT-34B,
GO, 3.790%, 05/01/18, Callable 05/01/15
@ 100, FSA (b) (c)
     10,000       10,000  
Detroit City School District, Ser 1311,
GO, 3.790%, 05/01/13, FSA (b) (c)
     11,625       11,625  
Michigan Hospital Finance Authority,
Ser K, RB, 3.790%, 11/15/23, Callable
11/15/09 @ 101 (b) (c)
     4,000       4,000  
Michigan Housing Development
Authority, Rental Housing, Ser A, RB,
AMT, 3.790%, 10/01/39, FGIC (b)
     2,400       2,400  
Michigan State, Ser A, GO, 4.250%,
09/28/07, LOC: Depfa Bank PLC
     15,000       15,027  
State of Michigan, School Loan, Ser
05-C, GO, 3.600%, 10/10/07, LOC:
                
Depfa Bank PLC
     25,000       25,000  
 
              
 
             68,052  
 
              
Minnesota (0.8%)
                
Minnesota State, Ser PT-400, RB,
3.780%, 11/01/09, LOC: Merrill Lynch
Capital Services, Inc. (b)
     14,810       14,826  
 
              
Mississippi (1.6%)
                
Mississippi Development Bank, Special
Obligation, Ser PT-3303, RB, 3.800%,
12/01/27, Callable 12/01/15 @ 100,
AMBAC (b) (c)
     5,000       5,000  
Mississippi Development Bank, Special
Obligation, Ser PT-3636, RB, 3.800%,
01/01/26, Callable 07/01/16 @ 100, FGIC (b) (c)
     5,000       5,000  
Mississippi Hospital Equipment &
Facilities Authority, North Mississippi
Health Services, Ser 1, RB, 3.740%,
05/15/30, LOC: Citibank N.A. (b)
     20,400       20,400  
 
              
 
             30,400  
 
              
Missouri (0.8%)
                
Howard Bend Levee District, Ser
PT-3338, 3.790%, 03/01/27, XLCA (b) (c)
     2,000       2,000  
St Louis Regional Convention & Sports
Complex Authority, Ser 1849, RB,
3.790%, 08/15/14, AMBAC (b) (c)
     13,885       13,885  
 
              
 
             15,885  
 
              
Nebraska (0.3%)
                
Omaha Public Power District, Electric,
Ser PT-3607, RB, 3.800%, 02/01/14,
LOC: Merrill Lynch Capital Services, Inc. (b)
     5,000       5,000  
 
              
Nevada (1.1%)
                

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Nevada State, Ser 344, GO, 3.790%,
05/15/28, Callable 05/15/08 @ 100,
FGIC (b) (c)
     5,495       5,495  
Washoe County, Ser PT-3452, RB,
3.790%, 12/01/35, LOC: Dexia Credit
Local (b) (c)
     16,000       16,000  
 
              
 
             21,495  
 
              
New Jersey (4.9%)
                
Essex County Improvement Authority,
Lease, Ser PA-648, RB, 3.770%,
10/01/20, FGIC (b) (c)
     2,250       2,250  
Jersey City, City Hall Finance
Department, Ser PPT-2865, GO, 3.770%,
05/15/22, Callable 05/15/15 @ 100,
AMBAC (b) (c)
     4,970       4,970  
New Jersey Economic Development
Authority, Ser PT-1532, RB, 3.770%,
12/15/14, MBIA (b) (c)
     10,535       10,535  
New Jersey Economic Development
Authority, Ser PT-2847, RB, 3.760%,
09/01/22, MBIA (b) (c)
     19,645       19,645  
New Jersey State Turnpike Authority,
Ser PT-2843, RB, 3.760%, 01/01/30,
FSA (b) (c)
     10,520       10,520  
New Jersey State, Ser PT-2742, GO,
3.770%, 07/15/19, Callable 12/01/15 @
100, AMBAC (b) (c)
     12,430       12,430  
New Jersey Transportation Trust Fund
Authority, Ser MT-072, RB, 3.760%,
12/15/23, AMBAC (b) (c)
     3,700       3,700  
New Jersey Transportation Trust Fund
Authority, Ser PA-802, RB, 3.770%,
12/15/09, FSA (b) (c)
     10,000       10,000  
New Jersey Transportation Trust Fund
Authority, Ser PT-2494, RB, 3.760%,
12/15/23, AMBAC (b) (c)
     20       20  
New Jersey Transportation Trust Fund
Authority, Ser PZ-116, RB, 3.780%,
12/15/29, AMBAC (b) (c)
     21,440       21,440  
 
              
 
             95,510  
 
              
New Mexico (0.9%)
                
Clayton, Jail Project, Ser MT-286, RB,
3.530%, 11/01/24, Callable 11/01/16 @
100, CIFG (b)
     16,860       16,860  
 
              
New York (7.9%)
                
Jay Street Development Corp., Facility
Lease, Ser A-2, RB, 3.690%, 05/01/22,
LOC: Depfa Bank PLC (b)
     5,600       5,600  
Long Island Power Authority, Electric
System, Ser PA-1150, RB, 3.760%,
09/01/33, CIFG (b) (c)
     5,000       5,000  
Metropolitan Transportation Authority,
Ser-1040, RB, 3.770%, 11/15/20,
Callable 11/15/12 @ 100, FGIC (b) (c)
     30,770       30,770  
New York City Housing Development
Corp., Ser PT-2753, RB, 3.770%,
07/01/25, Callable 07/01/15 @ 100,
FGIC (b) (c)
     2,250       2,250  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
New York City Municipal Finance
Authority, Water & Sewer Systems, Ser
1870, RB, 3.770%, 12/15/14, LOC: JP
Morgan Chase Bank (b) (c)
     25,000       25,000  
New York City Transitional Finance
Authority, Ser 3, Subser 3C, RB,
3.690%, 11/01/22, LOC: Dexia Credit
Local (b)
     1,000       1,000  
New York Convention Center
Development Corp., Ser 1247Z, RB,
3.770%, 11/15/13, AMBAC (b)
     7,000       7,000  
New York State Dormitory Authority,
Secondary Issues, Ser PA-1305, RB,
3.770%, 05/15/31, AMBAC (b)
     4,900       4,900  
New York State Dormitory Authority,
Secondary Issues, Ser PT-2645, RB,
3.770%, 03/15/17, Callable 03/15/15 @
100, AMBAC (b) (c)
     9,900       9,900  
New York State Dormitory Authority,
Secondary Issues, Ser PT-2966, RB,
3.770%, 02/15/25, AMBAC (b)
     5,480       5,480  
New York State Dormitory Authority,
Secondary Issues, Ser PT-3639, RB,
3.540%, 07/01/13, MBIA (b)
     13,080       13,080  
New York, Ser PT-2878, GO, 3.760%,
04/01/25, Callable 04/01/15 @100, CIFG (b) (c)
     3,865       3,865  
New York, Ser PT-3069, GO, 3.760%,
08/01/25, Callable 08/01/15 @ 100,
LOC: Merrill Lynch Capital Services, Inc. b) (c)
     5,000       5,000  
New York, Ser PT-3822, GO, 3.600%,
01/01/17, LOC: Dexia Credit Local (b) (c)
     21,105       21,105  
Sales Tax Asset Receivables Corp., Ser
PT-2450, RB, 3.770%, 10/15/25,
Callable 10/15/14 @ 100, MBIA (b) (c)
     14,910       14,910  
Southeast Industrial Development
Agency, Unilock New York, Inc. Project,
RB, AMT, 4.150%, 12/01/12, LOC: JP
Morgan Chase Bank (b) (c)
     1,600       1,600  
 
              
 
             156,460  
 
              
North Carolina (4.2%)
                
Charlotte Water & Sewer Systems, Ser
B, RB, 3.720%, 07/01/36, LOC: Depfa
Bank PLC (b)
     10,000       10,000  
Forsyth County, Communications
System Project, COP, 3.770%, 10/01/12,
LOC: Wachovia Bank N.A. (b)
     7,695       7,695  
Forsyth County, Ser B, GO, 3.720%,
10/01/26, LOC: Depfa Bank PLC (b)
     12,000       12,000  
Guilford County Industrial Facilities &
Pollution Control Financing, YMCA of
Greensboro, Inc. Project, RB, 3.770%,
02/01/23, LOC: Branch Banking & Trust Co. (b)
     4,300       4,300  
North Carolina Medical Care
Commission Healthcare Facilities,
University Eastern Carolina, Ser C2, RB,
3.750%, 12/01/36, AMBAC (b)
     20,900       20,900  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
North Carolina Medical Care
Commission, Health Care Facilities,
Friends Homes Project, RB, 3.750%,
09/01/33, LOC: Bank of America N.A. (b)
     6,670       6,670  
North Carolina Medical Care
Commission, Health Care Facilities,
Lutheran Services for the Aging Project,
RB, 3.760%, 03/01/28, LOC: Branch
Banking & Trust Co. (b)
     7,650       7,650  
North Carolina Medical Care
Commission, North Carolina Baptist
Hospitals Project, Ser B, RB, 3.740%,
06/01/22, LOC: Wachovia Bank of North
Carolina (b)
     1,200       1,200  
North Carolina Medical Care
Commission, Westcare Health Systems
Obligation, Ser A, RB, 3.770%,
09/01/22, LOC: Branch Banking & Trust
Co. (b)
     4,280       4,280  
Wake County, Public Improvement, Ser
C, GO, 3.720%, 04/01/19, LOC: Lloyds
TSB Bank PLC (b)
     7,585       7,585  
 
              
 
             82,280  
 
              
Ohio (0.5%)
                
Ohio State Higher Educational Facility
Commission, Pooled Financing Project,
RB, 3.830%, 09/01/18, LOC: Fifth Third
Bank (b)
     3,160       3,160  
Rickenbacker Port Authority, YMCA of
Central Ohio Project, RB, 3.830%,
05/01/22, LOC: Fifth Third Bank (b)
     6,700       6,700  
 
              
 
             9,860  
 
              
Pennsylvania (3.8%)
                
Delaware County Industrial Development
Authority, Airport Facilities, United
Parcel Service Project, RB, 3.880%,
12/01/15 (b)
     26,100       26,100  
Delaware Valley Regional Finance
Authority, Local Government, Ser
PA-1028, RB, 3.780%, 01/01/14, LOC:
Merrill Lynch Capital Services, Inc. (b) (c)
     12,000       12,000  
Delaware Valley Regional Finance
Authority, Local Government, Ser
PA-1041R, RB, 3.780%, 07/01/32, LOC:
               
Merrill Lynch Capital Services, Inc. (b) (c)
     19,990       19,990  
Philadelphia Authority for Industrial
Development, Chemical Heritage
Foundation Project, RB, 3.770%,
07/01/27, LOC: Wachovia Bank N.A. (b)
     8,610       8,610  
Philadelphia Redevelopment Authority,
Residential Mortgage Loan, Ser PA-1444,
RB, AMT, 3.800%, 12/01/28, Callable
06/01/16 @ 100, LOC: Merrill Lynch
Capital Services, Inc. (b) (c)
     1,000       1,000  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Philadelphia School District, Tax &
Revenue Anticipation Notes, Ser A, GO,
4.500%, 06/27/08, LOC: Bank of America N.A.
     7,000       7,052  
 
              
 
             74,752  
 
              
South Carolina (3.4%)
                
Beaufort — Jasper Water & Sewer
Authority, Waterworks & Sewer Systems,
Ser C-08, RB, 3.790%, 03/01/31,
Callable 03/01/17 @ 101, FSA (b) (c)
     4,000       4,000  
Berkeley County School District, Ser
PT-3094, GO, 3.800%, 02/01/17,
Callable 02/01/13 @ 102, LOC: Merrill
Lynch Capital Services, Inc. (b)
     5,000       5,000  
Columbia Waterworks & Sewer System,
Ser PT-2861, RB, 3.800%, 02/01/24,
Callable 02/01/15, FSA (b) (c)
     2,000       2,000  
Patriots Energy Group, Gas Facilities,
Ser A, RB, 3.730%, 06/01/36, CIFG (b)
     10,000       10,000  
South Carolina Educational Facilities
Authority, Charleston Southern University
Project, RB, 3.730%, 04/01/28, LOC:
Bank of America N.A. (b)
     5,345       5,345  
South Carolina Educational Facilities
Authority, Newberry College Project, RB,
3.770%, 09/01/35, LOC: Branch
Banking & Trust Co. (b)
     8,000       8,000  
South Carolina Jobs-Economic
Development Authority, USC
Development Foundation Project, RB,
3.770%, 12/01/10, LOC: Branch Banking
& Trust Co. (b)
     6,000       6,000  
South Carolina Jobs-Economic
Development Authority, YMCA of
Beaufort County Project, RB, 3.770%,
12/01/24, LOC: Branch Banking & Trust Co. (b)
     3,170       3,170  
South Carolina State Housing Finance &
Development Authority, Ser PT-1272,
RB, 3.820%, 12/15/30, LOC: Merrill
Lynch Capital Services, Inc. (b) (c)
     10,000       10,000  
South Carolina, Ser PPT-1225, GO,
3.780%, 01/01/12 (b)
     10,000       10,000  
University of South Carolina
Development Foundation, RB, 3.770%,
12/01/10, LOC: Branch Banking & Trust Co.
     4,000       4,000  
 
              
 
             67,515  
 
              
Tennessee (1.4%)
                
Memphis, Ser PT-3801, GO, 3.810%,
11/01/22, Callable 11/01/16 @ 100,
XLCA (b) (c)
     25,000       25,000  
Metropolitan Government, Nashville &
Davidson County Health & Educational
Facilities Board, Nashville Christian
School Project, RB, 3.840%, 09/01/23,
LOC: SouthTrust Bank N.A. (b)
     1,460       1,460  
 
              
 
             26,460  
 
              
Texas (4.8%)
                

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Eclipse Funding Trust, Texas
Southmost College District, Ser
2006-0061, GO, 3.790%, 02/15/26,
Callable 02/15/15 @ 100, AMBAC (b) (c)
     10,000       10,000  
Garland Electric System, Ser PT-2677,
RB, 3.800%, 03/01/25, Callable 03/01/14
@ 100, FSA (b) (c)
     3,000       3,000  
Houston Higher Education Finance
Corp., Rice University Project, Ser B,
RB, 3.770%, 11/15/29, LOC: JP Morgan
Chase Bank (b)
     18,055       18,055  
Lower Colorado River Authority,
Merlots Project, Ser ZZZ, RB, 3.790%,
01/01/28, FSA (b) (c)
     3,500       3,500  
Red River Authority, Pollution Control,
Ser 1890, RB, 3.790%, 06/01/17, MBIA (b) (c)
     10,490       10,490  
Texas Municipal Gas Acquisition &
Supply Corp. I, Gas Supply, Ser
PA-1453-R, RB, 3.810%, 12/15/17,
LOC: Merrill Lynch Capital Services, Inc. (b) (c)
     4,000       4,000  
Texas State Research Division, Veterans
Housing Assistance II, Ser A, GO, AMT,
3.800%, 12/01/36, LOC: Dexia Credit
Local (b)
     2,100       2,100  
Texas State, Ser PT-3670, GO, 3.800%,
04/01/28, Callable 04/01/17 @ 100
FGIC (b) (c)
     15,000       15,000  
Texas State, Tax & Revenue
Anticipation Notes, 4.500%, 08/31/07
     25,000       25,033  
Williamson County, Ser PT-2627, GO,
3.800%, 02/15/18, Callable 02/15/17 @
100, MBIA (b)
     2,000       2,000  
 
              
 
             93,178  
 
              
Virginia (4.2%)
                
Clarke County Industrial Development
Authority, Powhatan School District
Project, RB, 3.770%, 09/01/22, LOC:
Branch Banking & Trust Co. (b)
     1,360       1,360  
Danville-Pittsylvania Regional Industrial
Facility Authority, Institute of Advanced
Research Project, RB, 3.770%, 08/01/12,
LOC: Branch Banking & Trust Co. (b)
     1,635       1,635  
Fairfax County Economic Development
Authority, Public Broadcasting Services
Project, RB, 3.710%, 07/01/40, LOC:
Bank of America N.A. (b)
     7,500       7,500  
Loudoun County Industrial Development
Authority, Howard Hughes Medical
Institution, Ser B, RB, 3.700%, 02/15/38
(b)
     4,760       4,760  
Loudoun County Industrial Development
Authority, Howard Hughes Medical
Institution, Ser C, RB, 3.880%, 02/15/38
(b)
     6,900       6,900  
Louisa County Industrial Development
Authority, University of Virginia Health
Services Foundation Project, RB,
3.700%, 10/01/30, LOC: First Union
National Bank (b)
     3,000       3,000  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Norfolk Redevelopment & Housing
Authority, Student Housing Project, RB,
3.730%, 07/01/34, LOC: Bank of America
N.A. (b)
     7,000       7,000  
Peninsula Ports Authority Coal
Terminal, Dominion Terminal Project,
Ser C, RB, 3.940%, 07/01/16, LOC:
Citibank N.A. (b)
     1,400       1,400  
Virginia Biotechnology Research Park
Authority, United Network of Organ
Sharing Project, RB, 3.770%, 04/01/27,
LOC: Wachovia Bank N.A. (b)
     6,230       6,230  
Virginia Commonwealth University, Ser
A, RB, 3.930%, 11/01/30, AMBAC (b)
     9,945       9,945  
Virginia Housing Development
Authority, Ser PA-1310-R, RB, 3.770%,
07/01/36, Callable 07/01/11 @ 100,
MBIA (b) (c)
     19,000       19,000  
Virginia Small Business Financing
Authority, Childrens Hospital of Kings,
RB, 3.720%, 01/01/36, LOC: Wachovia
Bank N.A. (b)
     10,300       10,300  
Williamsburg Industrial Development
Authority, Colonial Williamsburg
Project, RB, 3.740%, 10/01/35, LOC:
First Union National Bank (b)
     4,220       4,220  
 
              
 
             83,250  
 
              
Washington (3.0%)
                
King County Housing Authority, Ser
PT-2185, RB, 3.780%, 09/20/42 (b) (c)
     5,420       5,420  
King County School District No. 401,
Highline Public Schools, Ser PT-1423,
GO, 3.800%, 12/01/09, FGIC (b)
     9,955       9,955  
King County Sewer, Ser PA-1071, RB,
3.800%, 01/01/10, FSA (b) (c)
     7,495       7,495  
Seattle Certificates, Ser 348, GO,
3.790%, 12/15/28, Callable 12/15/08 @
100, LOC: Morgan Stanley Dean Witter (b) (c)
     4,495       4,495  
Seattle Municipal Light & Power, RB,
3.690%, 11/01/15, LOC: JP Morgan
Chase Bank (b)
     5,000       5,000  
Seattle Municipal Light & Power, Ser
A, RB, 3.690%, 05/01/16, LOC: JP
Morgan Chase Bank (b)
     3,000       3,000  
Washington Public Power Supply
System, Nuclear Power Project No. 1, Ser
1A-1, RB, 3.700%, 07/01/17, LOC:
Bank of America N.A. (b)
     3,345       3,345  
Washington State, Merlots Project, Ser
B23, GO, 3.790%, 12/01/25, Callable
06/01/13 @ 100, MBIA (b) (c)
     9,995       9,995  
Washington State, Ser D, GO, 4.500%,
01/01/08
     10,250       10,294  
 
              
 
             58,999  
 
              
Wisconsin (2.4%)
                

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
ABN AMRO Munitops Certificates
Trust, Ser 2004-49, GO, 3.790%,
05/01/12, FSA (b) (c)
     9,400       9,400  
Wisconsin Health & Educational
Facilities Authority, Aurora Health Care,
Ser A, RB, 3.950%, 04/01/28, LOC:
Marshall & Ilsley (b)
     15,820       15,820  
Wisconsin Health & Educational
Facilities Authority, Aurora Health Care,
Ser B, RB, 3.730%, 04/01/28, LOC:
Marshall & Ilsley (b)
     20,490       20,490  
Wisconsin Housing & Economic
Development Authority, Ser D, RB,
AMT, 3.790%, 05/01/34, MBIA (b)
     1,500       1,500  
 
              
 
             47,210  
 
              
Puerto Rico (1.1%)
                
Puerto Rico Commonwealth, Public
Improvement, Ser C, GO, 5.000%,
07/01/21, Mandatory Put 07/01/08 @
100, FSA (c)
     10,015       10,142  
Puerto Rico Electric Power Authority,
Ser PA-778R, RB, 3.740%, 07/01/20,
FSA (b) (c)
     1,400       1,400  
Puerto Rico Highway & Transportation
Authority, Ser PA-1380R, RB, 3.740%,
07/01/41, CIFG (b) (c)
     10,000       10,000  
 
              
 
             21,542  
 
              
Other (7.7%)
                
Eagle Tax-Exempt Trust, Ser 20001001,
Cl A, GO, 3.800%, 07/01/15, Callable
07/01/10 @ 100, LOC: Citibank N.A. (b) (c)
     7,025       7,025  
Eagle Tax-Exempt Trust, Ser 991301,
GO, 3.800%, 06/01/25, FSA (b) (c)
     9,900       9,900  
Lehman Municipal Trust Receipts,
Boone McHenry & Dekalb Counties, Ser
06-P90, GO, 3.770%, 12/01/21, MBIA (b) (c)
     12,820       12,820  
Lehman Municipal Trust Receipts, Ser
07-K16, RB, 3.720%, 11/15/36, Callable
11/15/16 @ 100, FSA (b) (c)
     15,000       15,000  
Lehman Municipal Trust Receipts, Ser
K38, GO, 3.770%, 06/01/33, Callable
06/01/17 @ 100, FGIC (b) (c)
     30,000       30,000  
Municipal Securities Pool Trust
Receipts, Ser SG P-18, RB, 3.860%,
01/01/35, LOC: Societe Generale (b) (c)
     800       800  
Municipal Securities Pool Trust
Receipts, Ser SG-PG 17, 3.860%,
06/01/34 (b) (c)
     2,815       2,815  
Putable Floating Option, Tax-Exempt
Receipts, Ser 2001-2, Cl A, RB, AMT,
3.820%, 12/01/31, FHLMC (b) (c)
     1,110       1,110  
Putable Floating Option, Tax-Exempt
Receipts, Ser PPT-4030, 3.770%,
08/01/32, FSA (b) (c)
     20,000       20,000  
Putable Floating Rate Option,
Tax-Exempt Receipts, Ser EC-001, RB,
3.950%, 10/01/35, LOC: Merrill Lynch
Capital Services, Inc. (b) (c)
     4,080       4,080  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Putable Floating Rate Option,
Tax-Exempt Receipts, Ser PPT-1001, Cl
D, 3.830%, 03/01/40 (b) (c)
     8,405       8,405  
Putable Floating Rate Option,
Tax-Exempt Receipts, Ser PPT-1001, Cl
I, 3.830%, 03/01/40 (b) (c)
     8,500       8,500  
Putable Floating Rate Option,
                
Tax-Exempt Receipts, Ser PPT-34,
4.030%, 12/01/29 (b) (c)
    30,000       30,000  
 
              
            150,455  
 
              
Total Municipal Bonds (Cost $1,890,914)
             1,890,914  
 
              
 
Money Market Fund (0.2%)
                
Goldman Sachs Financial Square Funds
Tax Free Money Market Fund (b)
     3,245,148       3,245  
 
              
 
                
Total Money Market Fund (Cost $3,245)
             3,245  
 
              
 
Total Investments (Cost $1,894,159) (a) — 96.7%
             1,894,159  
Other assets in excess of liabilities — 3.3%
             65,519  
 
              
Net Assets — 100.0%
           $ 1,959,678  
 
              
 
(a)   Aggregate cost for federal income tax and financial reporting purposes is the same.
 
(b)   Variable rate security. Rate presented represents rate in effect at June 30, 2007. Maturity date represents actual maturity date.
 
(c)   Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 47.2% of net assets as of June 30, 2007.
AMBAC – Security insured by American Municipal Bond Assurance Corporation
AMT – Alternative Minimum Tax Paper
CIFG – Security insured by Capitalized Interest Financial Guaranty
Cl – Class
COP – Certificates of Participation
FGIC – Security insured by Financial Guaranty Insurance Company
FHA – Security insured by Federal Housing Association
FHLMC – Security insured by Freddie Mac
FNMA – Security insured by Fannie Mae
FSA – Security insured by Financial Security Assurance
GO – General Obligation
LLC – Limited Liability Company
LOC – Letter of Credit
MBIA – Security insured by Municipal Bond Insurance Association
PLC – Public Limited Company
RB – Revenue Bond
Ser – Series
XLCA – Security insured by XL Capital Assurance, Inc.
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC FUNDS
U.S. Government Securities Money Market Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Principal        
    Amount     Value  
U.S. Government Agencies (45.5%)
                
Fannie Mae (29.3%)
                
5.415%, 07/02/07 (c)
   $ 78,000     $ 77,989  
5.258%, 08/01/07 (c)
     70,000       69,697  
5.341%, 08/31/07 (c)
     10,000       9,915  
5.221%, 09/04/07 (c)
     25,000       24,768  
5.432%, 09/04/07 (c)
     21,000       20,860  
4.375%, 09/07/07
     2,425       2,421  
5.274%, 09/28/07
     7,100       7,013  
5.413%, 10/01/07 (c)
     72,469       71,522  
5.300%, 01/08/08, Callable 09/14/07 @ 100
     12,500       12,500  
 
              
 
             296,685  
 
              
 
                
Federal Home Loan Bank (7.7%)
                
5.400%, 10/26/07, Callable 09/29/07 @ 100
     9,600       9,600  
5.250%, 02/04/08, Callable 08/04/07 @ 100
     2,500       2,499  
5.030%, 02/07/08 (b)
     42,500       42,499  
5.030%, 02/07/08 (b)
     5,000       5,000  
5.375%, 02/28/08, Callable 08/02/07 @ 100
     400       400  
5.375%, 04/18/08, Callable 10/18/07 @ 100
     5,000       5,000  
5.300%, 05/29/08, Callable 11/29/07 @ 100
     12,400       12,399  
 
              
 
             77,397  
 
              
 
                
Freddie Mac (8.5%)
                
3.750%, 08/03/07
     5,000       4,993  
4.000%, 08/17/07
     2,595       2,591  
4.050%, 09/24/07
     2,900       2,892  
5.173%, 09/27/07 (b)
     31,000       30,998  
4.625%, 10/05/07
     8,700       8,687  
5.383%, 11/26/07 (c)
     3,000       2,937  
5.375%, 03/14/08, Callable 08/15/07 @ 100
     24,500       24,500  
5.170%, 03/26/08 (b)
     8,000       7,998  
 
              
 
             85,596  
 
              
Total U.S. Government Agencies (Cost $459,678)
             459,678  
 
              
 
                
Repurchase Agreements (70.6%)
                
Bear Stearns Cos., Inc., 5.335%, dated
06/29/07, to be repurchased on 07/02/07,
repurchase price $44,025 (collateralized by
U.S. Government Agencies; 4.500%, due
09/01/18-05/01/22; total market value $44,886)
     44,006       44,006  

 

 

                 
    Principal        
    Amount     Value  
BNP Paribas, 5.285%, dated 06/29/07,
to be repurchased on 07/02/07, repurchase
price $125,977 (collateralized by U.S.
Government Agencies; DN-7.625%, due
07/12/07-01/22/37; total market value $128,440)
     125,921       125,921  
HSBC Securities, Inc., 5.285%, dated
06/29/07, to be repurchased on 07/02/07,
repurchase price $195,838 (collateralized
by U.S. Government Agencies;
4.500%-7.000%, due 03/01/32-06/01/37;
total market value $199,670)
     195,751       195,751  
Lehman Brothers, Inc., 5.295%, dated
06/29/07, to be repurchased on 07/02/07,
repurchase price $47,743 (collateralized by
U.S. Government Agencies; 5.500%, due
06/01/36; total market value $48,676)
     47,722       47,722  
Merrill Lynch & Co., Inc., 5.215%,
dated 06/29/07, to be repurchased on
07/02/07, repurchase price $15,624
(collateralized by U.S. Government
Agencies; 5.500%, due 05/01/37; total
market value $15,931)
     15,618       15,618  
Morgan Stanley, 5.265%, dated
06/29/07, to be repurchased on 07/02/07,
repurchase price $86,827 (collateralized by
U.S. Government Agencies;
4.630%-6.500%, due 07/01/18-02/01/36;
total market value $88,525)
     86,788       86,788  
UBS Warburg LLC, 5.315%, dated
06/29/07, to be repurchased on 07/02/07,
repurchase price $198,001 (collateralized
by U.S. Government Agencies;
DN-7.500%, due 05/15/18-03/15/37; total
market value $201,872)
     197,912       197,912  
 
              
 
                
Total Repurchase Agreements (Cost $713,718)
             713,718  
 
              
 
                
Total Investments (Cost $1,173,396) (a) — 116.1%
             1,173,396  
Liabilities in excess of other assets — (16.1)%
             (162,429 )
 
              
Net Assets — 100.0%
           $ 1,010,967  
 
              
 
(a)   Aggregate cost for federal income tax and financial reporting purposes is the same.
 
(b)   Variable rate security. Rate presented represents rate in effect at June 30, 2007. Maturity date represents actual maturity date.
 
(c)   Rate represents the effective yield at purchase.
DN – Discount Note
LLC – Limited Liability Corporation
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC FUNDS
U.S. Treasury Money Market Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Principal        
    Amount     Value  
U.S. Treasury Obligations (1.1%)
                
U.S. Treasury Bills (1.1%)
                
5.098%, 07/26/07 (b)
   $ 11,000     $ 10,962  
 
              
Total U.S. Treasury Obligations (Cost $10,962)
             10,962  
 
              
 
                
Repurchase Agreements (98.7%)
                
ABN AMRO Bank N.V., 4.215%, dated
06/29/07, to be repurchased on 07/02/07,
repurchase price $160,555 (collateralized by
U.S. Treasury Obligations; 2.375%, due
01/15/25; total market value $163,709)
     160,498       160,498  
Bear Stearns Cos., Inc., 4.165%, dated
06/29/07, to be repurchased on 07/02/07,
repurchase price $25,729 (collateralized by
U.S. Treasury Obligations; 3.875%, due
01/15/09-04/15/29; total market value $26,239)
     25,720       25,720  
BNP Paribas, 4.215%, dated 06/29/07, to
be repurchased on 07/02/07, repurchase
price $113,573 (collateralized by U.S.
Treasury Obligations; 7.125%-8.750%,
due 05/15/17-02/15/23; total market value $115,804)
     113,534       113,534  
Deutsche Bank AG, 4.365%, dated
06/29/07, to be repurchased on 07/02/07,
repuchase price $8,697 (collateralized by
U.S. Treasury Obligations; DN-3.000%,
due 08/16/07-05/15/21; total market value
$8,868)
     8,694       8,694  
Dresdner Bank AG, 4.315%, dated
06/29/07, to be repurchased on 07/02/07,
repurchase price $86,402 (collateralized by
U.S. Treasury Obligations; DN-4.000%,
due 09/27/07-11/15/12; total market value $88,102)
     86,371       86,371  
Greenwich Capital Markets, Inc.,
4.315%, dated 06/29/07, to be repurchased
on 07/02/07, repurchase price $131,682
(collateralized by U.S. Treasury
Obligations; 4.750%-13.250%, due
05/31/12-05/15/14; total market value $134,272)
     131,635       131,635  
HSBC Securities, Inc., 4.315%, dated
06/29/07, to be repurchased on 07/02/07,
repurchase price $176,999 (collateralized by
U.S. Treasury Obligations; DN-6.750%,
due 02/15/16-02/15/29; total market value $180,475)
     176,936       176,936  

 

 

                 
    Principal        
    Amount     Value  
JPMorgan Chase & Co., 4.215%, dated
06/29/07, to be repurchased on 07/02/07,
repurchase price $25,503 (collateralized by
U.S. Treasury Obligations;
7.500%-9.000%, due 11/15/18-02/15/25;
total market value $26,008)
     25,494       25,494  
Lehman Brothers, Inc., 4.465%, dated
06/29/07, to be repurchased on 07/02/07,
repurchase price $14,014 (collateralized by
U.S. Treasury Obligations; 2.000%, due
04/15/12; total market value $14,290)
     14,009       14,009  
Merrill Lynch & Co., Inc., 3.965%,
dated 06/29/07, to be repurchased on
07/02/07, repurchase price $40,453
(collateralized by U.S. Treasury
Obligations; 4.000%-8.125%, due
02/15/15-08/15/21; total market value $41,252)
     40,440       40,440  
Morgan Stanley, 4.215%, dated
06/29/07, to be repurchased on 07/02/07,
repurchase price $41,098 (collateralized by
U.S. Treasury Obligations; 3.625%, due
01/15/08; total market value $41,905)
     41,083       41,083  
UBS Warburg LLC, 4.315%, dated
06/29/07, to be repurchased on 07/02/07,
repurchase price $174,326 (collateralized by
U.S. Treasury Obligations;
4.750%-11.750%, due 11/15/14-02/15/37;
total market value $177,749)
     174,264       174,264  
 
Total Repurchase Agreements (Cost $998,678)
             998,678  
 
              
 
                
Total Investments (Cost $1,009,640) (a) — 99.8%
             1,009,640  
Other assets in excess of liabilities — 0.2%
             1,936  
 
              
Net Assets — 100.0%
           $ 1,011,576  
 
              
 
(a)   Aggregate cost for federal income tax and financial reporting purposes is the same.
 
(b)   Rate represents the effective yield at purchase.
DN — Discount Note
LLC — Limited Liability Corporation
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC FUNDS
Virginia Tax-Free Money Market Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares        
    or        
    Principal        
    Amount     Value  
Municipal Bonds (95.2%)
                
Virginia (75.4%)
                
Albemarle County Industrial
Development Authority, University of
Virginia Health Services Project, RB,
3.770%, 10/01/22, LOC: Wachovia Bank
N.A. (b) (c)
  $ 5,795     $ 5,795  
Alexandria Industrial Development
Authority, American Red Cross Project,
RB, 3.820%, 01/01/09, LOC: First Union
National Bank (b)
    1,145       1,145  
Alexandria Industrial Development
Authority, Association for Supervision &
Currency Project, RB, 3.770%, 07/01/23,
LOC: Wachovia National Bank NA (b) (c)
    1,330       1,330  
Alexandria Industrial Development
Authority, Educational Facilities,
Alexandria County Day School Project,
RB, 3.790%, 06/01/25, LOC: First Union
National Bank (b)
    3,930       3,930  
Alexandria Industrial Development
Authority, Pooled Loan Program, Ser A,
RB, 3.730%, 07/01/26, LOC: Bank of
America N.A. (b) (c)
    1,000       1,000  
Arlington County, Ballston Public
Parking Project, RB, 3.730%, 08/01/17,
LOC: Citibank N.A. (b)
    6,150       6,150  
Ashland Industrial Development
Authority, Health & Community Services
Facilities, YMCA Greater Richmond
Project, Ser A, RB, 3.770%, 11/01/20,
LOC: Wachovia Bank N.A. (b) (c)
    8,230       8,230  
Big Stone Gap Redevelopment &
Housing Authority, Correctional Facility
Lease, RB, 5.000%, 09/01/07
    1,975       1,980  
Charlottesville Industrial Development
Authority, Educational Facilities,
University of Virginia Foundation
Projects, Ser A, RB, 3.720%, 12/01/37,
LOC: Wachovia Bank N.A. (b)
    5,000       5,000  
Charlottesville Industrial Development
Authority, Educational Facilities,
University of Virginia Foundation
Projects, Series B, RB, 3.710%,
12/01/37, LOC: Wachovia Bank N.A. (b)
    2,700       2,700  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Charlottesville Industrial Development
Authority, Seminole, Ser A, RB, 3.780%,
12/01/13, Callable 12/01/07 @ 100,
LOC: Branch Banking & Trust Co. (b)
    3,340       3,340  
Chesapeake Bay Bridge & Tunnel
Commission, District Authority, General
Resolution Project, RB, 5.000%,
07/01/07, FGIC
    1,045       1,045  
Chesapeake Bay Bridge & Tunnel
Commission, District Authority, General
Resolution Project, RB, 3.800%,
07/01/25, MBIA (b)
    6,755       6,755  
Chesapeake Bay Bridge & Tunnel
Commission, District Authority, Ser
A-39, RB, 3.790%, 07/01/25, MBIA (b) (c)
    1,490       1,490  
Clarke County Industrial Development
Authority, Hospital Facilities, Winchester
Medical Center Project, RB, 3.730%,
01/01/30, FSA (b)
    19,480       19,480  
Danville-Pittsylvania Regional Industrial
Facility Authority, Institute of Advanced
Research Project, RB, 3.770%, 08/01/12,
LOC: Branch Banking & Trust Co. (b)
    5,015       5,015  
Fairfax County Economic Development
Authority, Flint Hill School Project, RB,
3.840%, 09/01/21, LOC: First Union
National Bank (b) (c)
    4,365       4,365  
Fairfax County Economic Development
Authority, Public Broadcasting Services
Project, RB, 3.710%, 07/01/40, LOC:
Bank of America N.A. (b)
    12,000       12,000  
Fairfax County Economic Development
Authority, Smithsonian Institute, Ser A,
RB, 3.730%, 12/01/33, LOC: Bank of
America N.A. (b)
    4,000       4,000  
Fairfax County Economic Development
Authority, Smithsonian Institute, Ser B,
RB, 3.730%, 12/01/33, LOC: Bank of
America N.A. (b)
    3,700       3,700  
Fairfax County Industrial Development
Authority, Fairfax Hospital Project, Ser A,
RB, 3.630%, 10/01/25 (b)
    2,250       2,250  
Fairfax County Industrial Development
Authority, Fairfax Hospital Project, Ser B,
RB, 3.630%, 10/01/25 (b)
    4,475       4,475  
Fairfax County Industrial Development
Authority, Inova Health Systems Project,
RB, 3.630%, 01/01/30 (b)
    10,620       10,620  
Fairfax County Industrial Development
Authority, Inova Health Systems Project,
Ser C-1, 3.720%, 05/15/26 (b)
    7,700       7,700  
Fairfax County Industrial Development
Authority, Inova Services Project, Ser A,
RB, 3.630%, 01/15/22 (b)
    1,300       1,300  
Fairfax County Redevelopment &
Housing Authority, Affordable Housing,
RB, 4.000%, 02/12/08
    10,000       10,023  
Fairfax County Water Authority,
Municipal Trade Receipts Project, Ser
SGB-40A, RB, 3.770%, 04/01/30 (b)
    7,850       7,850  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Fairfax County Water Authority, Ser
A-18, RB, 3.770%, 04/01/23, LOC: IXIS
Municipal Products (b) (c)
    6,360       6,360  
Fairfax County Water Authority, Ser
PZ-205, RB, 3.770%, 04/01/28, Callable
04/01/17 @ 100, LOC: Merrill Lynch
Capital Services, Inc. (b) (c)
    7,200       7,200  
Farmville Industrial Development
Authority, Educational Facilities,
Longwood Student Housing, Ser A, RB,
3.710%, 09/01/36, LOC: Bank of America N.A. (b)
    5,340       5,340  
Farmville Industrial Development
Authority, Educational Facilities,
Longwood Student Housing, Ser B, RB,
3.710%, 09/01/36, LOC: Bank of America N.A. (b)
    2,080       2,080  
Greene County Industrial Development
Authority, Blue Ridge School Project,
RB, 3.770%, 06/01/26, LOC: Branch
Banking & Trust Co. (b)
    5,360       5,360  
Hampton Roads Jail Authority, Ser 569,
RB, 3.800%, 07/01/12, MBIA (b) (c)
    1,185       1,185  
Hanover County Industrial Development
Authority, Residential Care Facility,
Covenant Woods Project, RB, 3.770%,
07/01/29, LOC: Branch Banking & Trust
Co. (b) (c)
    16,485       16,485  
Henrico County Economic Development
Authority, Steward School Project, RB,
3.770%, 07/01/33, LOC: Branch Banking & Trust Co. (b)
    2,500       2,500  
James City & County Economic
Development Authority, Industrial
Development, Historic Jamestown Project,
RB, 3.790%, 11/01/24, LOC: Wachovia
Bank N.A. (b)
    700       700  
King George County Industrial
Development Authority, Lease, Ser
PT-2473, RB, 3.770%, 03/01/24, FSA (b)
    5,215       5,215  
Lexington Industrial Development
Authority, Educational Facilities, Virginia
Military Institute Development Board,
Inc. Project, 3.880%, 12/01/36, LOC:
Wachovia Bank N.A. (b)
    3,200       3,200  
Loudoun County Industrial Development
Authority, Howard Hughes Medical
Institute Project, Ser E, RB, 3.840%,
02/15/38 (b)
    8,000       8,000  
Loudoun County Industrial Development
Authority, Howard Hughes Medical
Institute Project, Ser D, RB, 3.730%,
02/15/38 (b)
    18,900       18,900  
Loudoun County Industrial Development
Authority, Howard Hughes Medical
Institute Project, Ser F, RB, 3.720%,
02/15/38 (b)
    4,400       4,400  
Louisa County Industrial Development
Authority, Pooled Financing Project, RB,
3.730%, 01/01/20, LOC: Bank of
America N.A. (b) (c)
    900       900  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Lynchburg Industrial Development
Authority, Educational Facilities,
Randolph Macon Project, RB, 3.790%,
09/01/23, LOC: Wachovia Bank N.A. (b)
    7,720       7,720  
Lynchburg Industrial Development
Hospital Facilities, VHA First Mortgage,
Mid Atlantic Project, Ser G, RB, 3.730%,
12/01/25, AMBAC (b)
    11,480       11,480  
Newport News Industrial Development
Authority, CNU Warwick LLC Student
Housing Project, RB, 3.730%, 11/01/28,
LOC: Bank of America N.A. (b)
    6,320       6,320  
Norfolk Redevelopment & Housing
Authority, Old Dominion University
Foundation, RB, 3.730%, 08/01/31,
CIFG (b)
    8,000       8,000  
Norfolk, Capital Improvement, Ser B,
GO, 5.000%, 07/01/07, FSA
    3,200       3,200  
Peninsula Ports Authority Coal
Terminal, Dominion Terminal Project,
Ser C, RB, 3.940%, 07/01/16, LOC:
Citibank N.A. (b)
    60       60  
Peninsula Ports Authority, Riverside
Health Systems Project, RB, 3.760%,
07/01/37 (b)
    13,300       13,300  
Peninsula Ports Authority, Virginia
Health System, Riverside Health System
Project, RB, 5.000%, 07/01/07
    1,000       1,000  
Prince William County, Public
Improvements, Ser A, GO, 5.000%,
08/01/07
    2,400       2,403  
Pulaski County Industrial Development
Authority, Pulaski Furniture Corp.
Project, RB, 3.730%, 08/01/19, LOC:
Bank of America N.A. (b) (c)
    7,425       7,425  
Putable Floating Option Tax-Exempt
Receipts, Ser PT-3932, RB,
3.780%, 08/15/33, Callable 11/15/07 @
100, LOC: Merrill Lynch Capital
Services, Inc. (b) (c)
    17,000       17,000  
Putable Floating Option Tax-Exempt
Receipts, Ser PT-4134, RB, 3.770%,
08/01/23, Callable 08/01/16 @ 100,
LOC: Merrill Lynch Capital Services, Inc. (b) (c)
    5,000       5,000  
Richmond, Ser PT-1601, 3.770%,
07/15/17, LOC: Merrill Lynch Capital
Services, Inc. (b) (c)
    12,465       12,465  
Rockingham County Industrial
Development Authority, Sunnyside
Presbyterian Project, RB, 3.770%,
12/01/33, LOC: Branch Banking & Trust Co. (b)
    9,965       9,965  
Spotsylvania County Economic
Development Authority, Public Facilities,
Ser PT-2882, RB, 3.770%, 02/01/25,
Callable 02/01/15 @ 100, FSA (b) (c)
    2,780       2,780  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Stafford County & City of Staunton
Industrial Development Authority, Ser
05-A, RB, 3.730%, 07/18/07, LOC: Bank
of America N.A.
    14,620       14,620  
Tobacco Settlement Financing Corp.,
Ser PA-1303, RB, 3.780%, 06/01/37,
Callable 06/01/15 @ 100, LOC: Merrill
Lynch Capital Services, Inc. (b) (c)
    14,700       14,700  
Tobacco Settlement Financing Corp.,
Ser PA-1341, RB, 3.790%, 06/01/37,
Callable 06/01/15 @ 100, LOC: Merrill
Lynch Capital Services, Inc. (b) (c)
    300       300  
University of Virginia, Ser A, RB,
3.700%, 06/01/34 (b)
    24,500       24,500  
Virginia Beach Development Authority,
Ocean Ranch Project, RB, 3.770%,
07/01/17, LOC: Branch Banking & Trust Co. (b) (c)
    1,685       1,685  
Virginia College Building Authority,
Educational Facilities, 21st Century
College, Ser B, RB, 3.900%, 02/01/26,
Callable 02/01/14 @ 100, LOC:
Wachovia Bank N.A. (b)
    3,000       3,000  
Virginia College Building Authority,
Educational Facilities, Public Higher
Education Financing Program, Ser A, RB,
5.000%, 09/01/07, State Aid
Withholding
    1,945       1,950  
Virginia College Building Authority,
Educational Facilities, Ser 134, RB,
3.790%, 09/01/07, FSA (b) (c)
    9,375       9,375  
Virginia Commonwealth Transportation
Board, Federal Highway Reimbursement
Notes, 5.000%, 10/01/07
    3,155       3,167  
Virginia Commonwealth Transportation
Board, ROCS RR II, Ser R 1013, RB,
3.800%, 04/01/17, Callable 04/01/12 @
100, LOC: Citigroup Global Markets (b) (c)
    6,285       6,285  
Virginia Commonwealth Transportation
Board, Ser SG 134, RB, 3.770%,
05/15/22, Callable 05/15/09 @ 101,
LOC: Societe Generale (b) (c)
    10,235       10,235  
Virginia Housing Development
Authority, Commonwealth Mortgage, Ser
D-3, RB, AMT, 3.750%, 10/01/07
    1,000       1,000  
Virginia Resources Authority, Clean
Water, Ser PA-790, RB, 3.770%,
10/01/16, Callable 10/01/10 @ 100,
LOC: Merrill Lynch Capital Services, Inc. (b) (c)
    4,600       4,600  
Virginia Small Business Financing
Authority, Virginia Museum of Fine Arts
Foundation, RB, 3.720%, 08/01/35,
LOC: Wachovia National Bank N.A. (b)
    1,000       1,000  
Virginia Small Business Financing
Authority, Virginia State University Real
Estate, RB, 3.730%, 07/01/31, CIFG (b)
    16,245       16,245  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Virginia State Public Building
Authority, Public Facilities, Ser 131, RB,
3.790%, 08/01/19, Callable 08/01/08 @
100, MBIA (b) (c)
    1,785       1,785  
Virginia State Public School Authority,
School Financing, 1997 Resolution
Program, Ser C, RB, 5.000%, 08/01/07,
State Aid Withholding
    5,660       5,667  
Virginia State Public School Authority,
School Financing, 1997 Resolution
Program, Ser D, RB, 5.000%, 02/01/08,
State Aid Withholding
    8,000       8,064  
Virginia State Public School Authority,
Ser II-R 4050, RB, 3.790%, 08/01/17,
Callable 08/01/13 @ 100 (b) (c)
    4,085       4,085  
Virginia State Public School Authority,
Ser PT-1619, RB, 3.770%, 08/01/08,
LOC: Merrill Lynch Capital Services, Inc. (b) (c)
    10,790       10,790  
Virginia State Public School Authority,
Ser PT-3269, RB, 3.770%, 08/01/20,
Callable 08/01/15 @ 100, State Aid
Withholding (b) (c)
    7,305       7,305  
Williamsburg Industrial Development
Authority, Colonial Williamsburg
Foundation, RB, 3.730%, 12/01/18,
LOC: Bank of America N.A. (b) (c)
    250       250  
Winchester Industrial Development
Authority, Residential Care Facilities,
Westminster-Cantenbury, Ser B, RB,
3.770%, 01/01/10, LOC: Branch
Banking & Trust Co. (b)
    2,000       2,000  
Winchester Industrial Development
Authority, Residential Care Facilities,
Westminster-Cantenbury, Ser B, RB,
3.770%, 01/01/35, LOC: Branch Banking & Trust Co. (b)
    2,000       2,000  
 
             
 
            493,219  
 
             
 
                
Puerto Rico (15.3%)
                
Enhanced Return Puttable Floating
Option Tax-Exempt Receipts, Ser
EC-1004, RB, 3.780%, 07/01/39,
FGIC/MBIA/AMBAC/FSA (b) (c)
    2,740       2,740  
Puerto Rico Commonwealth, Public
Improvement, Ser C, GO, 5.000%,
07/01/21, Mandatory Put 07/01/08 @
100, FSA (c)
    3,000       3,038  
Puerto Rico Commonwealth, Ser
PA-625, GO, 3.740%, 07/01/10,
AMBAC (b) (c)
    3,000       3,000  
Puerto Rico Commonwealth, Ser
PA-636, GO, 3.740%, 07/01/10, FSA (b) (c)
    3,800       3,800  
Puerto Rico Commonwealth, Ser
PA-774, GO, 3.740%, 07/01/13, MBIA (b) (c)
    7,000       7,000  
Puerto Rico Commonwealth, Ser
PA-943, GO, 3.740%, 07/01/19, MBIA (b) (c)
    5,000       5,000  

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Puerto Rico Electric Power Authority,
Ser PA-778R, RB, 3.740%, 07/01/20,
FSA (b) (c)
    980       980  
Puerto Rico Government Development
Bank, RB, 3.570%, 12/01/15, MBIA (b)
    5,600       5,600  
Puerto Rico Highway & Transportation
Authority, PT-776, RB, 3.730%,
01/01/11, FGIC (b) (c)
    1,900       1,900  
Puerto Rico Highway & Transportation
Authority, Ser PA-1380R, RB, 3.740%,
07/01/41, CIFG (b) (c)
    11,395       11,395  
Puerto Rico Highway & Transportation
Authority, Ser PA-472, RB, 3.740%,
07/01/18, FSA (b) (c)
    600       600  
Puerto Rico Highway & Transportation
Authority, Ser PT-3189, RB, 3.740%,
07/01/41, AMBAC (b) (c)
    15,800       15,800  
Puerto Rico Housing, Floater-TRS
Trust Ser 2006 FR/RI Lehman Brothers,
Inc. as Trustor Underwriter, Ser K42, RB, 3.750%, 12/01/19 (b) (c)
    7,460       7,460  
Puerto Rico Infrastructure Financing
Authority, Ser MT-172, RB, 3.740%,
07/01/26, FGIC (b) (c)
    2,485       2,485  
Puerto Rico Infrastructure Financing
Authority, Ser MT-252, RB, 3.740%,
07/01/20, FGIC (b) (c)
    11,870       11,870  
Puerto Rico Municipal Finance Agency,
Ser PT-3326, RB, 3.740%, 08/01/21,
CIFG (b) (c)
    5,415       5,415  
Puerto Rico Public Building Authority,
Ser PT-2973, RB, 3.740%, 07/01/16,
FGIC (b) (c)
    5,500       5,500  
Puerto Rico Public Finance Corp., Ser
               
PA-502, 3.740%, 06/01/19, LOC: Merrill
Lynch Capital Services, Inc. (b) (c)
    6,315       6,315  
 
             
 
             99,898  
 
             
Guam (1.7%)
                
Guam Power Authority, Ser PA-531,
RB, 3.750%, 10/01/18, LOC: Merrill
Lynch Capital Services, Inc. (b)
  $ 11,025     $ 11,025  
 
             
Other (2.8%)
                
Eagle Tax Exempt Trust Certificates, Ser
994601, RB, 3.800%, 05/15/19, Callable
05/15/09 @ 101, LOC: Citibank N.A. (b) (c)
    10,560       10,560  
Lehman Municipal Trust Receipts, Ser
07-P34W, GO, 3.720%, 10/01/40,
Callable 10/01/10 @ 100 (b) (c)
    8,000       8,000  
 
             
 
            18,560  
 
             
Total Municipal Bonds (Cost $622,702)
            622,702  
 
             
 
                
Money Market Fund (4.0%)
                
Federated Virginia Municipal Cash
               
Trust, Institutional Class
     25,925,806       25,926  
 
             
Total Money Market Fund (Cost $25,926)
            25,926  
 
             

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
Total Investments (Cost $648,628) (a) — 99.2%
            648,628  
Other assets in excess of liabilities — 0.8%
            5,092  
 
             
Net Assets — 100.0%
          $ 653,720  
 
             
 
(a)   Aggregate cost for federal income tax and financial reporting purposes is the same.
 
(b)   Variable rate security. Rate presented represents rate in effect at June 30, 2007. Maturity date represents actual maturity date.
 
(c)   Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 43.3% of net assets as of June 30, 2007.
AMBAC — Security insured by American Municipal Bond Assurance Corporation
AMT — Alternative Minimum Tax Paper
CIFG — Security insured by Capitalized Interest Financial Guaranty
FGIC — Security insured by Financial Guaranty Insurance Company
FSA — Security insured by Financial Security Assurance
GO — General Obligation
LLC — Limited Liability Corporation
LOC — Letter of Credit
MBIA — Security insured by Municipal Bond Insurance Association
RB — Revenue Bond
Ser — Series
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC FUNDS
Classic Institutional Cash Management Money Market Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Principal        
    Amount     Value  
Certificates of Deposit (3.7%)
                
Banks (3.7%)
                
Canadian Imperial Bank NY, 5.120%,
02/27/08 (b)
   $ 50,000     $ 50,000  
Canadian Imperial Bank NY, 5.410%,
06/09/08 (b)
     40,000       40,000  
HBOS Treasury Services PLC, 5.400%,
08/27/07
     50,000     50,000  
Total Certificates of Deposit (Cost $140,000)
             140,000  
 
              
 
                
Commercial Paper (46.5%)
                
Banks (5.5%)
                
ABN AMRO Finance, Inc., 5.310%,
11/19/07 (c)
     30,000       29,393  
Allied Irish Banks N.A., Inc., 5.340%,
11/08/07 (c)
     25,000       24,549  
Australia & New Zealand National Ltd,
5.432%, 06/12/08 (c) (d)
     35,000       33,263  
Australia & New Zealand National Ltd.,
5.541%, 07/11/07 (c) (d)
     12,000       11,983  
Australia & New Zealand National Ltd.,
5.272%, 09/27/07 (c) (d)
     35,000       34,577  
DEPFA Bank PLC, 5.422%, 09/18/07
(c) (d)
     50,000       49,442  
Skandinavia Enskilda Bank AB,
5.385%, 11/06/07 (c) (d)
     25,000     24,552  
 
             207,759  
 
              
 
                
Diversified Financial Services (41.0%)
                
Anglesea Funding LLC, 5.339%,
08/15/07 (c) (d)
     50,000       49,675  
Anglesea Funding LLC, 5.335%,
09/13/07 (c) (d)
     35,000       34,624  
Anglesea Funding LLC, 5.330%,
11/26/07 (c) (d)
     34,136       33,413  
Atlas Capital Funding Corp., 5.321%,
03/03/08 (b) (c) (d)
     30,000       30,000  
Axon Financial Funding LLC, 5.340%,
07/11/07 (c) (d)
     35,500       35,448  
Axon Financial Funding LLC, 5.320%,
10/19/07 (c) (d)
     30,000       29,525  
Berkeley Square Finance LLC, 5.520%,
07/02/07 (c) (d)
     40,882       40,876  
Berkeley Square Finance LLC, 5.308%,
07/16/07 (c) (d)
     50,000       49,891  
Catapult-PmX Funding LLC, 5.349%,
07/12/07 (c) (d)
     35,000       34,943  
Catapult-PmX Funding LLC, 5.320%,
11/30/07 (b) (c) (d)
     50,000       49,994  

 

 

                 
    Principal        
    Amount     Value  
Chesham Finance LLC, 5.430%,
07/09/07 (c) (d)
     35,000       34,959  
Chesham Finance LLC, 5.309%,
08/02/07 (b) (c) (d)
     35,000       34,999  
Chesham Finance LLC, 5.310%,
10/18/07 (c) (d)
     45,000       44,296  
Danske Corp., 5.291%, 10/22/07 (c)
     50,000       49,192  
Danske Corp., 5.242%, 12/03/07 (c)
     40,000       39,154  
DEPFA Bank PLC, 5.321%, 12/17/07
(c) (d)
     35,000       34,178  
Ebury Finance LLC, 5.315%, 10/12/07
(c) (d)
     35,000       34,481  
Ebury Finance LLC, 5.300%, 10/19/07
(b) (d)
     50,000       49,996  
Fountain Square Commercial Funding
Corp., 5.320%, 07/16/07 (c) (d)
     32,897       32,825  
Grampian Funding LLC, 5.360%,
07/24/07 (c) (d)
     56,000       55,808  
Greenwich Capital Holdings, 5.340%,
12/24/07 (c)
     35,000       34,113  
HBOS Treasury Services PLC, 5.329%,
12/27/07 (c)
     35,000       34,098  
Merrill Lynch & Co., Inc., 5.216%,
01/14/08 (c)
     35,000       34,039  
Merrill Lynch & Co., Inc., 5.370%,
02/28/08 (c)
     41,700       40,251  
Mica Funding LLC, 5.331%, 07/06/07
(c) (d)
     22,200       22,184  
Morgan Stanley, 5.445%, 02/15/08 (b)(c)
     40,000       40,000  
Morgan Stanley Dean Witter, 5.403%,
07/09/07 (c)
     35,000       34,960  
Natexis Banques Populaire US Finance
Co. LLC, 5.302%, 02/04/08 (c)
     30,000       29,074  
Nelnet Student Asset Funding LLC,
5.300%, 08/30/07 (c) (d)
     30,000       29,749  
Nestle Capital Corp., 5.548%, 08/01/07
(c) (d)
     55,000       54,754  
New Center Asset Trust, 5.416%,
07/11/07 (c)
     35,000       34,949  
New Center Asset Trust, 5.420%,
08/02/07 (c)
     40,000       39,815  
Old Line Funding LLC, 5.360%,
07/12/07 (c)
     75,000       74,876  
Procter & Gamble International Funding
SCA, 5.331%, 07/12/07 (c) (d)
     35,000       34,943  
Rio Tinto Ltd., 5.327%, 07/20/07 (c) (d)
     40,137       40,025  
Sigma Finance, Inc., 5.262%, 10/03/07
(c) (d)
     25,000       24,666  
Societe Generale N.A., 5.305%,
12/26/07 (c)
     35,000       34,110  
UBS Finance Delaware LLC, 5.243%,
01/14/08 (c)
     35,000       34,034  
Wal-Mart Funding Corp., 5.310%,
08/22/07 (c) (d)
     35,000       34,735  
Westpac Securities NZ Ltd., 5.329%,
              
10/26/07 (c)
     35,000     34,415  
 
             1,538,067  
 
              

 

 

                 
    Principal        
    Amount     Value  
Total Commercial Paper (Cost $1,745,826)
             1,745,826  
 
              
 
                
Corporate Bonds (38.0%)
                
Banks (0.7%)
                
National City Bank Cleveland, 5.315%,
              
09/18/07 (b)
     25,000     25,000  
Diversified Financial Services (37.3%)
                
Atlas Capital Funding Corp., 5.340%,
09/10/07 (b) (d)
     30,000       30,000  
Axon Financial Funding LLC, 5.310%,
01/25/08 (b) (d)
     50,000       50,000  
Bear Stearns Cos., Inc., 5.330%,
01/09/08 (b)
     35,000       35,000  
Beta Finance, Inc., 5.315%, 07/25/07 (b)
(d)
     35,000       35,000  
Beta Finance, Inc., 5.305%, 09/28/07 (b)
(d)
     30,000       29,999  
Beta Finance, Inc., 5.300%, 10/23/07
(d)
     30,000       30,000  
Beta Finance, Inc., 5.160%, 02/11/08 (b)
(d)
     25,000       25,000  
CC USA, Inc., 5.310%, 10/23/07 (b)
(d)
     30,000       29,999  
CC USA, Inc., 5.360%, 02/15/08 (b)
(d)
     16,000       16,003  
CC USA, Inc., 5.272%, 05/27/08
(b) (d)
     35,000       34,997  
Cheyne Finance LLC, 5.315%, 11/26/07
(b) (d)
     35,000       34,997  
Cheyne Finance LLC, 5.308%, 03/26/08
(b) (d)
     50,000       49,995  
Cullinan Finance Corp., 5.320%,
10/25/07 (b) (d)
     50,000       49,998  
Cullinan Finance Corp., 5.315%,
01/23/08 (b) (d)
     35,000       34,999  
Cullinan Finance Corp., 5.315%,
03/12/08 (b) (d)
     50,000       49,997  
Dorada Finance, Inc., 5.315%, 07/25/07
(b) (d)
     30,000       30,000  
Dorada Finance, Inc., 5.305%, 09/18/07
(b) (d)
     35,000       34,999  
Dorada Finance, Inc., 5.180%, 01/30/08
(b) (d)
     40,000       40,000  
Five Finance, Inc., 5.310%, 08/15/07 (b)
(d)
     35,000       35,000  
Five Finance, Inc., 5.310%, 10/30/07 (b)
(d)
     25,000       24,998  
Hudson-Thames LLC, 5.445%,
06/23/08 (d)
     35,000       35,000  
K2 (USA) LLC, 5.325%, 08/07/07 (b)
(d)
     30,000       30,000  
K2 (USA) LLC, 5.320%, 11/21/07 (b)
(d)
     50,000       49,998  
K2 (USA) LLC, 5.185%, 01/30/08 (b)
(d)
     40,000       40,000  
Liberty Light US Capital, 5.320%,
02/04/08 (b) (d)
     75,000       74,995  
Liberty Light US Capital, 5.320%,
05/02/08 (b) (d)
     40,000       40,000  

 

 

                 
    Principal        
    Amount     Value  
Orion Finance USA LLC, 5.335%,
06/16/08 (b) (d)
     50,000       50,000  
Sigma Finance, Inc., 5.320%, 08/06/07
(b) (d)
     25,000       25,000  
Sigma Finance, Inc., 5.315%, 01/15/08
(b) (d)
     50,000       49,999  
Sigma Finance, Inc., 5.315%, 01/15/08
(b) (d)
     35,000       34,999  
Stanfield Victoria LLC, 5.325%,
08/20/07 (b) (d)
     50,000       50,000  
Stanfield Victoria LLC, 5.320%,
01/25/08 (b) (d)
     35,000       35,000  
Stanfield Victoria LLC, 5.310%,
05/19/08 (b) (d)
     35,000       34,997  
Toyota Motor Credit Corp., 5.120%,
02/27/08 (b)
     50,000       50,000  
Toyota Motor Credit Corp., Ser B,
5.340%, 07/16/07 (b)
     50,000       50,000  
Whistlejacket Capital LLC, 5.310%,
04/24/08 (b) (d)
     50,000     49,996  
             
 
             1,400,965  
 
              
Total Corporate Bonds (Cost $1,425,965)
             1,425,965  
 
              
 
                
Master Notes (1.3%)
                
Banks (1.3%)
                
Bank of America Corp., 5.435% (b) (e)
     48,000       48,000  
 
              
Total Master Notes (Cost $48,000)
             48,000  
 
              
 
                
Municipal Bonds (1.1%)
                
Colorado (0.1%)
                
Colorado Housing & Finance Authority,
RB, 5.350%, 11/01/35, LOC: Lloyds
TSB Bank PLC (b)
     4,480     4,480  
Illinois (0.3%)
                
Wheaton College, University
              
Improvements, Ser A, RB, 5.350%,
10/01/35, LOC: JP Morgan Chase Bank (b)
     10,000     10,000  
Mississippi (0.1%)
                
Mississippi Development Bank, Special
             
Obligation, MCEDA Board Project, RB,
5.390%, 12/01/23, AMBAC, LOC:
Wachovia Bank N.A. (b)
     3,630     3,630  
Virginia (0.6%)
                
Newport News Economic Development
Authority, Ship Building Project, Ser A,
RB, 5.390%, 07/01/31, LOC: Wachovia
Bank N.A. (b)
     4,080       4,080  
Newport News Economic Development
             
Authority, Ship Building Project, Ser A,
RB, 5.440%, 07/01/31, LOC: Wachovia
Bank N.A. (b)
     20,180     20,180  
 
             24,260  
 
              
Total Municipal Bonds (Cost $42,370)
             42,370  
 
              

 

 

                 
    Principal        
    Amount     Value  
Short Term Investment (0.0%)
                
Brown Brothers Cayman Cash Sweep
     772       772  
 
              
Total Short Term Investment (Cost $772)
             772  
 
              
 
                
Time Deposits (4.5%)
                
Banks (4.5%)
                
Barclays Bank, 5.345% (b)
     131,083       131,083  
BNP Paribas, 5.380% (b)
     35,333       35,333  
Deutsche Bank AG, 5.310% (b)
     2,750       2,750  
 
              
Total Time Deposits (Cost $169,166)
             169,166  
 
              
 
                
Total Investments (Cost $3,572,099) (a) - 95.1%
             3,572,099  
Other assets in excess of liabilities - 4.9%
             183,352  
 
              
Net Assets - 100.0%
           $ 3,755,451  
 
              
 
(a)   Aggregate cost for federal income tax and financial reporting purposes is the same.
 
(b)   Variable rate security. Rate presented represents rate in effect at June 30, 2007. Maturity date represents actual maturity date.
 
(c)   Rate represents the effective yield at purchase.
 
(d)   Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 64.4% of net assets as of June 30, 2007.
 
(e)   Perpetual maturity.
AMBAC – Security insured by the American Municipal Bond Assurance Corporation
LLC – Limited Liability Corporation
LOC – Letter of Credit
PLC – Public Limited Company
RB – Revenue Bond
Ser – Series
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC FUNDS
Classic Institutional Municipal Cash Reserve Money Market Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Shares        
    or        
    Principal        
    Amount     Value  
Municipal Bonds (72.1%)
                
Arkansas (3.5%)
                
Pulaski County Public Facilities Board,
                
Multifamily Housing, Ser PT-3772, RB,
AMT, 3.860%, 02/01/43, LOC: Merrill Lynch
Capital Services, Inc. (b) (c)
   $ 1,000     $ 1,000  
 
              
Colorado (3.5%)
                
Denver City & County Airport, Ser E,
                
AMT, 5.000%, 11/15/07, XLCA
     1,000       1,005  
 
              
Connecticut (3.1%)
                
Connecticut Housing Finance Authority,
                
Mortgage Finance Program, Subser B-2,
RB, AMT, 3.770%, 11/15/38, AMBAC
(b)
     900       900  
 
              
Florida (3.1%)
                
Florida Housing Finance Corp.,
                
Multifamily Housing, Stone Harbor
Apartments, Ser K, RB, AMT, 3.790%,
07/15/36, LOC: Amsouth Bank (b)
     900       900  
Marion County Hospital District, Health
                
Systems Improvement, Munroe Regional
Health, RB, 3.760%, 10/01/30, LOC:
Amsouth Bank of Florida (b)
     10       10  
 
              
 
             910  
 
              
 
                
Illinois (12.4%)
                
Chicago O’Hare International Airport,
                
Ser 1438, RB, AMT, 3.880%, 07/01/26,
LOC: Morgan Stanley (b) (c)
     2,200       2,200  
Savanna Industrial Development,
                
Metform Corp. Project, Ser B, RB, AMT,
4.150%, 06/01/09, LOC: JP Morgan
Chase Bank (b)
     1,400       1,400  
 
              
 
             3,600  
 
              
 
                
Maryland (3.5%)
                
Montgomery County Housing
                
Opportunities Commission, Oakfield
Apartments, Issue I, RB, AMT, 3.810%,
10/15/39, FNMA (b)
     1,000       1,000  
 
              
Nebraska (6.9%)
                
Nebraska Investment Finance Authority,
                
Single Family Housing, Ser G, RB,
AMT, 3.780%, 09/01/36,
GNMA/FNMA/FHLMC (b)
     2,000       2,000  
 
              
Nevada (10.4%)
                
Clark County Industrial Development,
                
Ser 1306, RB, AMT, 3.820%, 03/01/38,
Callable 09/01/14 @ 101, FGIC (b) (c)
     3,000       3,001  
 
              

 

 

                 
    Shares        
    or        
    Principal        
    Amount     Value  
New York (0.3%)
                
New York City Housing Development
                
Corp., Multifamily, Manhattan Court
Development, Ser A, RB, AMT, 3.770%,
06/01/36, LOC: Citibank N.A. (b)
     100       100  
 
              
Other (10.4%)
                
Lehman Brothers Pooled Municipal
                
Trust Receipts, Ser L13, RB, AMT,
3.870%, 06/01/36, GNMA/FNMA (b) (c)
     2,000       2,000  
Puttable Floating Rate Option,
                
Tax-Exempt Receipts, Sunamerica Trust
2001-2, Cl A, RB, AMT, 3.820%,
12/01/31, FHLMC (b)
(c)
     1,000       1,000  
 
              
 
             3,000  
 
              
 
                
Pennsylvania (7.0%)
                
Allegheny County, Pittsburgh
                
International Airport, Ser A-1, RB, AMT,
5.750%, 01/01/08, MBIA
     1,000       1,010  
 
              
Philadelphia Redevelopment Authority,
                
Residential Mortgage Loan, Ser PA-1444,
RB, AMT, 3.800%, 12/01/28, Callable
06/01/16 @ 100, LOC: Merrill Lynch
Capital Services, Inc. (c)
     1,000       1,000  
 
              
 
             2,010  
 
              
 
                
Texas (3.1%)
                
Texas State, Vets Housing Assistance II,
                
Ser A, GO, AMT, 3.800%, 12/01/36,
LOC: Dexia Credit Local (b)
     900       900  
 
              
Wisconsin (4.9%)
                
Wisconsin Housing & Economic
                
Development Authority, Ser D, RB,
AMT, 3.790%, 05/01/34, MBIA (b)
     1,425       1,425  
 
              
Total Municipal Bonds (Cost $20,851)
             20,851  
 
              
 
                
Money Market Fund (10.9%)
                
Fidelity Tax Free Fund
     3,148,426       3,148  
 
              
Total Money Market Fund (Cost $3,148)
             3,148  
 
              
 
                
Total Investments (Cost $23,999) (a) — 83.0%
             23,999  
Other assets in excess of liabilities — 17.0%
             4,917  
 
              
Net Assets — 100.0%
           $ 28,916  
 
              
 
(a)   Aggregate cost for federal income tax and financial reporting purposes is the same.
 
(b)   Variable rate security. Rate presented represents rate in effect at June 30, 2007. Maturity date represents actual maturity date.
 
(c)   Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 35.2% of net assets as of June 30, 2007.
AMBAC — Security insured by American Municipal Bond Assurance Corporation
AMT — Alternative Minimum Tax Paper
FGIC — Security insured by Financial Guaranty Insurance Company
FHLMC — Security insured by Freddie Mac
FNMA — Security insured by Fannie Mae
GNMA — Security insured by Government National Mortgage Association

 

 

GO — General Obligation
LOC — Letter of Credit
MBIA — Security insured by Municipal Bond Insurance Association
RB — Revenue Bond
Ser — Series
XLCA- Security insured by XL Capital Assurance, Inc.
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC FUNDS
Classic Institutional U.S. Government Securities Money Market Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Principal        
    Amount     Value  
U.S. Government Agencies (38.9%)
                
Fannie Mae (20.1%)
                
5.415%, 07/02/07 (c)
   $ 38,385     $ 38,379  
5.258%, 08/01/07 (c)
     22,875       22,776  
5.221%, 09/04/07 (c)
     15,000       14,861  
5.432%, 09/04/07 (c)
     19,000       18,874  
4.375%, 09/07/07
     2,575       2,571  
5.274%, 09/28/07 (c)
     9,200       9,087  
5.413%, 10/01/07 (c)
     66,894       66,021  
5.300%, 01/08/08, Callable 09/14/07 @ 100
     14,500       14,500  
 
              
 
             187,069  
 
              
 
                
Federal Home Loan Bank (10.0%)
                
5.400%, 10/26/07, Callable 09/29/07 @ 100
     12,400       12,400  
5.250%, 02/04/08, Callable 08/04/07 @ 100 (b)
     2,500       2,499  
5.030%, 02/07/08 (b)
     37,500       37,499  
5.030%, 02/07/08 (b)
     5,000       5,000  
5.375%, 02/28/08, Callable 08/02/07 @ 100
     8,200       8,200  
5.375%, 04/18/08, Callable 10/18/07 @ 100
     13,000       13,000  
5.300%, 05/29/08, Callable 11/29/07 @ 100
     14,700       14,699  
 
              
 
             93,297  
 
              
 
                
Freddie Mac (8.8%)
                
5.521%, 07/11/07 (c)
     15,000       14,978  
4.000%, 08/17/07
     2,755       2,751  
4.050%, 09/24/07
     3,100       3,092  
5.173%, 09/27/07 (b)
     39,000       38,996  
4.625%, 10/05/07
     9,300       9,286  
5.383%, 11/26/07 (c)
     3,000       2,937  
5.375%, 03/14/08, Callable 08/15/07 @ 100
     2,000       2,000  
5.170%, 03/26/08 (b)
     7,500       7,498  
 
              
 
             81,538  
 
              
Total U.S. Government Agencies (Cost $361,904)
             361,904  
 
              
 
Repurchase Agreements (72.5%)
                
ABN AMRO Bank N.V., 5.295%, dated
                
06/29/07, to be repurchased on 07/02/07,
repurchase price $76,774 (collateralized by
U.S. Government Agencies;
4.875%-6.000%, due 04/17/09-08/10/20;
total market value $78,275)
     76,741       76,741  
BNP Paribas, 5.285%, dated 06/29/07, to
                
be repurchased on 07/02/07, repurchase
price $88,044 (collateralized by U.S.
Government Agencies; 5.875%, due
03/02/17; total market value $89,765)
     88,005       88,005  

 

 

                 
    Principal        
    Amount     Value  
HSBC Securities, Inc., 5.285%, dated
                
06/29/07, to be repurchased on 07/02/07,
repurchase price $161,320 (collateralized
by U.S Government Agencies;
5.000%-7.000%, due 04/01/32- 04/01/37;
total market value $164,476)
     161,249       161,249  
Lehman Brothers, Inc., 5.295%, dated
                
06/29/07, to be repurchased on 07/02/07,
repurchase price $76,548 (collateralized by
U.S. Government Agencies;
5.500%-6.000%, due 06/01/36-09/01/36;
total market value $78,039)
     76,514       76,514  
Merrill Lynch & Co., Inc., 5.215%,
                
dated 06/29/07, to be repurchased on
07/02/07, repurchase price $34,351
(collateralized by U.S. Government
Agencies; 5.500%, due 05/01/37; total
market value $35,027)
     34,336       34,336  
Morgan Stanley, 5.265%, dated
                
06/29/07, to be repurchased on 07/02/07,
repurchase price $76,857 (collateralized by
U.S. Government Agencies; DN, due
01/01/34-10/01/36; total market value
$79,416)
     76,824       76,824  
UBS Warburg LLC, 5.315%, dated
                
06/29/07, to be repurchased on 07/02/07,
repurchase price $162,030 (collateralized
by U.S. Government Agencies;
4.000%-6.000%, due 09/15/18-11/15/36;
total market value $165,201)
     161,958       161,958  
 
              
Total Repurchase Agreements (Cost $675,627)
             675,627  
 
              
 
                
Total Investments (Cost $1,037,531) (a) - 111.4%
             1,037,531  
Liabilities in excess of other assets - (11.4)%
             (106,404 )
 
              
Net Assets - 100.0%
           $ 931,127  
 
              
 
(a)   Aggregate cost for federal income tax and financial reporting purposes is the same.
 
(b)   Variable rate security. Rate represents rate in effect at June 30, 2007. Maturity date represents actual maturity date.
 
(c)   Rate represents the effective yield at purchase.
DN – Discount Note
LLC – Limited Liability Corporation
See Notes to Schedules of Portfolio Investments.

 

 

STI CLASSIC FUNDS
Classic Institutional U.S. Treasury Securities Money Market Fund
Schedule of Portfolio Investments
June 30, 2007
(Unaudited)
(Amounts in thousands, except shares)
                 
    Principal        
    Amount     Value  
U.S. Treasury Obligations (3.5%)
                
U.S. Treasury Bills (3.5%)
                
5.098%, 07/26/07 (b)
   $ 80,000     $ 79,724  
 
              
Total U.S. Treasury Obligations (Cost $79,724)
             79,724  
 
              
 
                
Repurchase Agreements (95.4%)
                
ABN AMRO Bank N.V., 4.215%,
                
dated 06/29/07 to be repurchased on
07/02/07, repurchase price $327,536
(collateralized by U.S. Treasury
Obligations; 1.875%-8.000%, due
07/15/13-11/15/21; total market value
$333,971)
     327,421       327,421  
Bear Stearns Cos., Inc., 4.165%, dated
                
06/29/07 to be repurchased on 07/02/07,
repurchase price $24,741 (collateralized by
U.S. Treasury Obligations; DN-5.500%,
due 12/20/07-08/15/28; total market value
$27,183)
     24,733       24,733  
BNP Paribas, 4.215%, dated 06/29/07
                
to be repurchased on 07/02/07, repurchase
price $287,824 (collateralized by U.S.
Treasury Obligations; 2.000%-8.750%,
due 04/15/12-04/15/28; total market value
$293,478)
     287,723       287,723  
Deutsche Bank AG, 4.365%, dated
                
06/29/07 to be repurchased on 07/02/07,
repurchase price $90,463 (collateralized by
U.S. Treasury Obligations;
3.250%-4.750%, due 08/15/08-02/15/15;
total market value $92,240)
     90,430       90,430  
Dresdner Bank AG, 4.315%, dated
                
06/29/07 to be repurchased on 07/02/07,
repurchase price $174,332 (collateralized
by U.S. Treasury Obligations;
2.500%-6.000%, due 05/31/08-07/15/16;
total market value $177,759)
     174,269       174,269  
Greenwich Capital Markets, Inc.,
                
4.315%, dated 06/29/07 to be repurchased
on 07/02/07, repurchase price $295,541
(collateralized by U.S. Treasury
Obligations; DN-11.250%, due
08/15/07-02/15/37; total market value
$301,346)
     295,435       295,435  
HSBC Securities, Inc., 4.315%, dated
                
06/29/07 to be repurchased on 07/02/07,
repurchase price $383,657 (collateralized
by U.S. Treasury Obligations;
DN-6.250%, due 08/15/10-02/15/29; total
market value $391,189)
     383,519       383,520  

 

 

                 
    Principal        
    Amount     Value  
JPMorgan Chase & Co., 4.215%, dated
                
06/29/07 to be repurchased on 07/02/07,
repurchase price $52,530 (collateralized by
U.S. Treasury Obligations;
4.500%-8.875%, due 02/15/19-02/15/36;
total market value $53,564)
     52,511       52,511  
Lehman Brothers, Inc., 4.465%, dated
                
06/29/07 to be repurchased on 07/02/07,
repurchase price $7,887 (collateralized by
U.S. Treasury Obligations; 1.875%, due
07/15/13; total market value $8,043)
     7,884       7,884  
Merrill Lynch & Co., Inc., 3.965%,
                
dated 06/29/07 to be repurchased on
07/02/07, repurchase price $77,164
(collateralized by U.S. Treasury
Obligations; 3.250%-11.250%, due
02/15/15-02/15/25; total market value
$78,685)
     77,138       77,138  
Morgan Stanley, 4.215%, dated
                
06/29/07 to be repurchased on 07/02/07,
repurchase price $69,364 (collateralized by
U.S. Treasury Obligations; 3.625%, due
01/15/08; total market value $70,727)
     69,340       69,340  
UBS Warburg LLC, 4.315%, dated
                
06/29/07 to be repurchased on 07/02/07,
repurchase price $379,053 (collateralized
by U.S. Treasury Obligations;
DN-11.750%, due 11/15/14-08/15/35;
total market value $386,499)
     378,917       378,917  
 
              
 
                
Total Repurchase Agreements (Cost $2,169,321)
             2,169,321  
 
              
 
                
Total Investments (Cost $2,249,045) (a) - 98.9%
             2,249,045  
Other assets in excess of liabilities - 1.1%
             24,473  
 
              
Net Assets - 100.0%
           $ 2,273,518  
 
              
 
(a)   Aggregate cost for federal income tax and financial reporting purposes is the same.
 
(b)   Rate represents the effective yield at purchase.
DN – Discount Note
LLC – Limited Liability Corporation
See Notes to Schedules of Portfolio Investments.

 

 

Notes to Schedules of Portfolio Investments
1. Organization
The STI Classic Funds (the “Trust”) was organized as a Massachusetts business trust under a Declaration of Trust dated January 15, 1992. The Trust is registered under the Investment Company Act of 1940 (the “1940 Act”), as amended, as an open-end management investment company offering the following funds as of June 30, 2007: Aggressive Growth Stock Fund, Emerging Growth Stock Fund, International Equity Fund, International Equity Index Fund, Large Cap Core Equity Fund (formerly Large Cap Relative Value Fund), Large Cap Growth Stock Fund (formerly Capital Appreciation Fund), Large Cap Quantitative Equity Fund, Large Cap Value Equity Fund, Mid-Cap Core Equity Fund (formerly Mid-Cap Equity Fund), Mid-Cap Value Equity Fund, Select Large Cap Growth Stock Fund, Small Cap Growth Stock Fund, Small Cap Quantitative Equity Fund, Small Cap Value Equity Fund, Life Vision Aggressive Growth Fund, Life Vision Conservative Fund, Life Vision Growth and Income Fund, Life Vision Moderate Growth Fund, Life Vision Target Date 2015 Fund, Life Vision Target Date 2025 Fund, Life Vision Target Date 2035 Fund, Georgia Tax-Exempt Bond Fund, High Grade Municipal Bond Fund, High Income Fund, Intermediate Bond Fund, Investment Grade Bond Fund, Investment Grade Tax-Exempt Bond Fund, Limited Duration Fund, Limited-Term Federal Mortgage Securities Fund, Maryland Municipal Bond Fund, North Carolina Tax-Exempt Bond Fund, Seix Floating Rate High Income Fund, Seix High Yield Fund, Short-Term Bond Fund, Short-Term U.S. Treasury Securities Fund, Strategic Income Fund, Total Return Bond Fund, Ultra-Short Bond Fund, U.S. Government Securities Fund, U.S. Government Securities Ultra-Short Bond Fund, Virginia Intermediate Municipal Bond Fund, Prime Quality Money Market Fund, Tax-Exempt Money Market Fund, U.S. Government Securities Money Market Fund, U.S. Treasury Money Market Fund, Virginia Tax-Free Money Market Fund, Classic Institutional Cash Management Money Market Fund, Classic Institutional Municipal Cash Reserve Money Market Fund, Classic Institutional U.S. Government Securities Money Market Fund and Classic Institutional U.S. Treasury Securities Money Market Fund (each a “Fund” and collectively the “Funds”). The Funds’ prospectuses provide a description of the Funds’ investment objectives, policies, and strategies.
Under the Trust’s organizational documents, its officers and trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust. In addition, in the normal course of business, the Trust enters into contracts with its vendors and others that provide for general indemnifications. The Trust’s maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Trust. However, based on experience, the Trust expects that risk of loss to be remote.
2. Significant Accounting Policies
The following is a summary of significant accounting policies followed by the Trust in the preparation of its Schedules of Portfolio Investments (the “Schedules”). These policies are in conformity with accounting principles generally accepted in the United States of America (“GAAP”). The preparation of the Schedules in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts at the date of the Schedules. The actual results could differ from these estimates.
Security Valuation - Securities listed on a securities exchange, market or automated quotation system for which quotations are readily available (except for securities traded on NASDAQ), including equity securities traded over the counter, are valued at the last quoted sale price on the primary exchange or market (foreign or domestic) on which they are traded on valuation date (or at approximately 4:00 p.m. Eastern Time if a security’s primary exchange is normally open at that time), or, if there is no such reported sale on the valuation date, at the most recent quoted bid price. For securities traded on NASDAQ, the NASDAQ Official Closing Price will be used. If available, debt securities are priced based upon valuations provided by independent, third-party pricing agents. Such values generally reflect the last reported sale price if the security is actively traded. The third-party pricing agents may also value debt securities at an evaluated bid price by employing methodologies that utilize actual market transactions, broker-supplied valuations, or other methodologies designed to identify the market value for such securities. Debt

 

 

obligations with remaining maturities of sixty days or less may be valued at their amortized cost, which approximates market value. The prices for foreign securities are reported in local currency and converted to U.S. dollars at the exchange rate of such currencies against the U.S. dollar, as of the close of regular trading on the New York Stock Exchange (usually 4:00 p.m. Eastern Time), as provided by an independent pricing service approved by the Funds’ Board of Trustees (the “Board”). If a security price cannot be obtained from an independent, third-party pricing agent, the Funds’ administrator shall seek to obtain a bid price from at least one independent broker. Investments in other investment companies are valued at their respective net asset values.
The Prime Quality Money Market Fund, Tax-Exempt Money Market Fund, U.S. Government Securities Money Market Fund, U.S. Treasury Money Market Fund , Virginia Tax-Free Money Market Fund, Classic Institutional Cash Management Money Market Fund, Classic Institutional Municipal Cash Reserve Money Market Fund, Classic Institutional U.S. Government Securities Money Market Fund and Classic Institutional U.S. Treasury Securities Money Market Fund (the “Money Market Funds”) state investment securities at amortized cost, which approximates market value. Under the amortized cost method, premium or discount, if any, is amortized or accreted, respectively, on a constant basis to the maturity of the security.
Securities for which market prices are not “readily available” are valued in accordance with Pricing and Valuation Procedures established by the Board. The Funds’ Pricing and Valuation Procedures are performed and monitored by a Valuation Committee (the “Committee”) designated by the Board. Some of the more common reasons that may necessitate that a security be valued using Pricing and Valuation Procedures include, but are not limited to: the security’s trading has been halted or suspended; the security has been de-listed from a national exchange; the security’s primary trading market is temporarily closed at a time when under normal conditions it would be open; or the security’s primary pricing source is not able or willing to provide a price. When a security is valued in accordance with the Pricing and Valuation Procedures, the Committee determines the value after taking into consideration relevant information reasonably available to the Committee.
For securities that principally trade on a foreign market or exchange, a significant gap in time can exist between the time of a particular security’s last trade and the time at which a Fund calculates its net asset value. The closing prices of such securities may no longer reflect their market value at the time the Fund calculates net asset value if an event that could materially affect the value of those securities (a “Significant Event”) has occurred between the time of the security’s last close and the time that the Fund calculates net asset value. A Significant Event may relate to a single issuer or to an entire market sector. If the adviser of a Fund becomes aware of a Significant Event that has occurred with respect to a security or group of securities after the closing of the exchange or market on which the security or securities principally trade, but before the time at which the Fund calculates net asset value, it shall immediately notify the Funds’ accounting agent and may preauthorize the Funds’ accounting agent to utilize a pricing service authorized by the Board (a “Fair Value Pricing Service”) that has been designed to determine a fair value. On a day when a Fair Value Pricing Service is so utilized pursuant to a preauthorization, the Committee need not meet. If the adviser does not pre-authorize the Funds’ accounting agent to utilize a Fair Value Pricing Service, the adviser will request that a Committee Meeting be called. In addition, the Funds’ accounting agent monitors price movements among certain selected indices, securities and/or groups of securities that may be an indicator that the closing prices received earlier in the day from foreign exchanges or markets may not reflect market value at the time the Fund calculates net asset value. If price movements in a monitored index or security exceed levels established by the Funds (“Trigger Points”), the Funds may use a systematic valuation model provided by a Fair Value Pricing Service to fair value their international equity securities.
The assets of the Life Vision Aggressive Growth Fund, the Life Vision Conservative Fund, the Life Vision Growth and Income Fund, the Life Vision Moderate Growth Fund, the Life Vision Target Date 2015 Fund, the Life Vision Target Date 2025 Fund and the Life Vision Target Date 2035 Fund (the “Life Vision Funds”) consist of investments in underlying investment companies (some of which are affiliated), which are valued at their respective daily net asset values.

 

 

Security Transactions– During the period, security transactions are accounted for no later than one business day following the trade date. For financial reporting purposes, however, securities transactions are accounted for on trade date on the last business day of the reporting period
Foreign Currency Translation - The books and records of the Funds are maintained in U.S. dollars on the following basis: (i) market value of investment securities, other assets and liabilities at the current rate of exchange; and (ii) purchases and sales of investment securities, income and expenses at the relevant rates of exchange prevailing on the respective dates of such transactions. The Funds do not isolate the portion of operations resulting from changes in foreign exchange rates on investments from fluctuations arising from changes in market prices of securities held. Such fluctuations are included with the net realized and unrealized gain or loss from investments and foreign currencies.
Forward Foreign Currency Contracts — The International Equity, International Equity Index, Intermediate Bond, Investment Grade Bond, Strategic Income and Total Return Bond Funds may enter into forward foreign currency contracts as hedges against either specific transactions, fund positions or anticipated fund positions. All commitments are “marked-to-market” daily at the applicable foreign exchange rate, and any resulting unrealized gains or losses are recorded currently. The Funds realize gains and losses at the time forward contracts are extinguished. Unrealized gains or losses on outstanding positions in forward foreign currency contracts held at the close of the year are recognized as ordinary income or loss for Federal income tax purposes. As of June 30, 2007, the Funds did not hold any forward foreign currency contracts.
Securities Lending – Each Fund (except the Small Cap Quantitative Equity, Life Vision and Money Market Funds) may lend portfolio securities to brokers, dealers and other financial organizations that meet capital and other credit requirements or other criteria established by the Trust’s Board. These loans may not exceed either (i) 50% of the sum of the market value of all securities of the Fund and the market value of the securities purchased with cash collateral or (ii) 33.33% of the total market value of all securities of the Fund. No Fund will lend portfolio securities to its investment adviser, sub-adviser or its affiliates unless it has applied for and received specific authority to do so from the Securities and Exchange Commission. Loans of portfolio securities will be fully collateralized by cash, letters of credit or U.S. government securities. The initial value of the collateral must be at least 102% of the market value of the securities loaned if the securities loaned are U.S. securities (105% for non-U.S. securities); and maintained in an amount equal to at least 102% (103% for non-U.S. securities) thereafter for each equity Fund or an amount equal to at least 100% (103% for non-U.S. securities) thereafter for any other Fund. However, due to market fluctuations during the day, the value of securities loaned on a particular day may, during the course of the day, exceed the value of collateral. On each business day, the amount of collateral is adjusted based on the prior day’s market fluctuations and the current day’s lending activity. Income from lending activity is determined by the amount of interest earned on collateral, less any amounts payable to the borrowers of the securities and the lending agent. Lending securities involves certain risks, including the risk that the Fund may be delayed or prevented from recovering the collateral if the borrower fails to return the securities.
A fee will be obtained from the borrower if letters of credit or U.S. government securities are used as collateral. Cash collateral received in connection with securities lending is invested in the Credit Suisse Enhanced Liquidity Fund (the “Portfolio”). This investment may consist of money market mutual funds registered under the 1940 Act and money market instruments including commercial paper, repurchase agreements, U.S. Treasury Bills and U.S. Agency Obligations. At June 30, 2007, the Portfolio was invested in repurchase agreements and asset backed securities (with interest rates ranging from 5.306% to 5.585% and maturity dates ranging from 07/02/07 to 04/25/22).
Repurchase Agreements - The Funds may purchase instruments from financial institutions, such as banks and broker-dealers, subject to the seller’s agreement to repurchase them at an agreed upon time and price (“repurchase agreement”). A third party custodian bank takes possession of the underlying securities (“collateral”) of a repurchase agreement, the value of which exceeds the principal amount of the repurchase transaction, including accrued interest. In the event of default on the obligation to repurchase, each Fund has the right to liquidate the collateral and apply the proceeds in satisfaction of the obligation. In the event

 

 

of default or bankruptcy by the counterparty to the repurchase agreement, realization and/or retention of the collateral or proceeds may be subject to legal proceedings.
Securities Purchased on a When-Issued Basis - Delivery and payment for securities that have been purchased by a Fund on a forward commitment or when-issued basis can take place up to a month or more after the transaction date. During this period, such securities are subject to market fluctuations. The purchase of securities on a when-issued or forward commitment basis may increase the volatility of a Fund’s net asset value if the Fund makes such investments while remaining substantially fully invested.
TBA Purchase Commitments - The Funds may enter into “TBA” (To Be Announced) purchase commitments to purchase securities for a fixed price at a future date beyond customary settlement time. TBA purchase commitments may be considered securities in themselves, and involve a risk of loss if the value of the security to be purchased declines prior to settlement date. Unsettled TBA purchase commitments are valued at the current market value of the underlying securities, generally according to the procedures described under “Security Valuation.”
Mortgage Dollar Rolls - The Funds may enter into mortgage dollar rolls (principally using TBA’s) in which a Fund sells mortgage securities for delivery in the current month and simultaneously contracts to repurchase substantially similar securities at an agreed-upon price on a fixed future date. The Funds account for such dollar rolls under the purchases and sales method and receive compensation as consideration for entering into the commitment to repurchase. The Funds must maintain liquid securities having a value not less than the repurchase price (including accrued interest) for such dollar rolls. The market value of the securities that the Funds are required to purchase may decline below the agreed upon repurchase price of those securities.
The counterparty receives all principal and interest payments, including pre-payments, made in respect of a security subject to such a contract while it is with the holder. Mortgage dollar rolls may be renewed with a new purchase and repurchase price and a cash settlement made on settlement date without physical delivery of the securities subject to the contract. The Funds engage in dollar rolls for the purpose of enhancing yield, principally by earning a negotiated fee. As of June 30, 2007, there were no open mortgage dollar rolls.
Bank Loans – The High Income, Seix Floating Rate High Income, Seix High Yield, and Strategic Income Funds invest in first and second lien floating rate loans (“bank loans”). These loans are loans made by banks and other large financial institutions to various companies and are senior in the borrowing companies’ capital structure. Coupon rates are floating, not fixed and are tied to a benchmark lending rate. A Fund records an investment when the borrower withdraws money and records the interest as earned. Some types of senior loans in which these Funds may invest require that an open loan for a specific amount be continually offered to the borrower. These types of senior loans, commonly referred to as revolvers, contractually obligate the lender (and therefore those with an interest in the loan) to fund the loan at the borrower’s discretion. Therefore, a Fund must have funds sufficient to cover its contractual obligation. A Fund will maintain, on a daily basis, high quality, liquid assets in an amount at least equal in value to its contractual obligation to fulfill the revolving senior loan. These unfunded loan commitments, which are marked to market daily, are presented with the Schedule of Portfolio Investments. At June 30, 2007, only the Seix Floating Rate High Income Fund and the Seix High Yield Fund had unfunded loan commitments.
Swap Agreements — The High Income, Intermediate Bond, Investment Grade Bond, Investment Grade Tax-Exempt Bond, Strategic Income and Total Return Bond Funds may enter into swap agreements, which are two-party contracts entered into primarily by institutional investors for periods ranging from a day to more than one-year. In a standard “swap” transaction, two parties agree to exchange the returns (or differentials in rates of return) earned or realized on particular predetermined investments or instruments. The gross returns to be exchanged or “swapped” between the parties are calculated with respect to a “notional amount,” i.e., the return on or increase in value of a particular dollar amount invested in a “basket” of securities representing a particular index. The primary risks associated with the use of swap agreements are imperfect correlation between movements in the notional amount and the price of the underlying instruments and the inability of counterparties to perform. The Fund bears the risk of loss of the amount expected to be received under a swap agreement in the event of the default or bankruptcy of a swap agreement counterparty.

 

 

Swap agreements typically are settled on a net basis, which means that the two payment streams are netted out, with the Fund receiving or paying, as the case may be, only the net amount of the two payments. Payments may be made at the conclusion of a swap agreement or periodically during its term. Until a swap agreement is settled in cash, the gain or loss on the notional amount plus income on the instruments, less the interest paid by the Fund on the notional amount, is recorded as “unrealized appreciation or depreciation on swap agreements” and, when cash is exchanged, the gain or loss realized is recorded as “realized gains or losses on swap agreements”. The Fund’s current obligations under swap agreements (offset against any amounts owing to the Fund) will be accrued daily and any accrued but unpaid net amounts owed to a swap counterparty will be covered by segregating cash or other assets deemed to be liquid with the Fund’s custodian. Swap agreements do not involve the delivery of securities or other underlying assets. Accordingly, the risk of loss with respect to swap agreements is limited to the net amount of payments that a Fund is contractually obligated to make. If the other party to a swap agreement defaults, the Fund’s risk of loss consists of the net amount of payments that such Fund is contractually entitled to receive, if any.
Credit default swap (“CDS”) agreements are a specific kind of counterparty agreement designed to transfer the third party credit risk between parties. One party in the CDS is a lender and faces credit risk from a third party, while the counterparty in the CDS agrees to insure this risk in exchange for regular periodic payments (essentially an insurance premium). If the third party defaults, the party providing insurance will have to purchase from the insured party the defaulted asset.
Interest rate swaps involve the exchange of commitments to pay and receive interest based on a notional principal amount.
Restricted Securities — Certain of the Funds’ investments are restricted as to resale. As of June 30, 2007, all of these restricted securities have been deemed liquid by the Funds’ advisers based upon procedures approved by the Board unless stated otherwise on each Fund’s Schedule of Portfolio Investments.
Future Contracts – Each of the Funds’ may enter into contracts for the future delivery of specific securities, classes of securities, and financial indices; may purchase or sell exchange-listed or OTC options on any such futures contracts; and may engage in related closing transactions. A financial futures contract is an agreement to purchase or sell an agreed amount of securities or currency at a set price for delivery in the future. A futures contract on a securities index is an agreement obligating either party to pay, and entitling the other party to receive, while the contract is outstanding, cash payments based on the level of a specified securities index. The acquisition of put and call options on futures contracts will, respectively, give the Fund the right (but not the obligation), for a specified price, to sell or to purchase the underlying futures contract, upon exercise of the option, at any time during the option period.
New Accounting Pronouncements - In September 2006, the Financial Accounting Standards Board (FASB) issued Statement on Financial Accounting Standards (SFAS) No. 157, “Fair Value Measurements.” This standard establishes a single authoritative definition of fair value, sets out a framework for measuring fair value and requires additional disclosures about fair value measurements. SFAS No. 157 applies to fair value measurements already required or permitted by existing standards. SFAS No. 157 is effective for financial statements issued for fiscal years beginning after November 15, 2007 and interim periods within those fiscal years. The changes to GAAP from the application of this Statement relate to the definition of fair value, the methods used to measure fair value, and the expanded disclosures about fair value measurements. As of June 30, 2007, the Funds do not believe the adoption of SFAS No. 157 will impact the financial statement amounts; however, additional disclosures may be required about the inputs used to develop the measurements and the effect of certain of the measurements on changes in net assets for the period.
3. Risks
The International Equity, International Equity Index, Intermediate Bond, Investment Grade Bond, Strategic Income and Total Return Bond Funds invest in securities of foreign issuers in various countries. Investments in securities of foreign issuers carry certain risks not ordinarily associated with investments in

 

 

securities of U.S. issuers. These risks include future political and economic developments, and the possible imposition of exchange controls or other foreign governmental laws and restrictions. In addition, with respect to certain countries, there is a possibility of expropriation of assets, confiscatory taxation, political or social instability or diplomatic developments, which could adversely affect investments in those countries. Emerging market countries are countries that the World Bank or the United Nations considers to be emerging or developing. Emerging markets may be more likely to experience political turmoil or rapid changes in market or economic conditions than more developed countries. In addition, the financial stability of issuers, including governments, in emerging market countries may be more precarious than in other countries. As a result, there will tend to be an increased risk of interest rate fluctuation and price volatility associated with the Fund’s investments in emerging market countries, which may be magnified by currency fluctuations relative to the U.S. dollar.
The prices of the Funds’ fixed income securities respond to economic developments, particularly interest rate changes, as well as to perceptions about the creditworthiness of individual issuers, including governments. Generally, the Funds’ fixed income securities will decrease in value if interest rates rise and vice versa, and the volatility of lower-rated securities is even greater than that of higher-rated securities. Also, longer-term securities are generally more volatile, so the average maturity or duration of these securities affects risk.
The High Income, Seix High Yield and Strategic Income Funds invest in high yield corporate, government, and other debt instruments of U.S. and non-U.S. issuers. High yield securities involve greater risk of default or downgrade and are more volatile than investment grade securities.
The High Income Fund, Seix Floating Rate High Income Fund, Seix High Yield Fund and Strategic Income Fund invest in first and second lien senior floating rate loans. The risks associated with floating rate loans are similar to the risks of below investment grade securities. In addition, the value of the collateral securing the loan may decline, causing a loan to be substantially unsecured. Difficulty in selling a floating rate loan may result in a loss. Borrowers may pay back principal before the scheduled due date when interest rates decline, which may require the Fund to replace a particular loan with a lower-yielding security. There may be less extensive public information available with respect to loans than for rated, registered or exchange listed securities. The Fund may assume the credit risk of the primary lender in addition to the borrower, and investments in loan assignments may involve the risks of being a lender.
The Georgia Tax-Exempt Bond, Maryland Municipal Bond, North Carolina Tax-Exempt Bond, Virginia Intermediate Municipal Bond and Virginia Tax-Free Money Market Funds’ concentrations of investment in securities of issuers located in a specific region subjects each Fund to the economic and government policies of that region.
The Intermediate Bond, Investment Grade Bond, Limited Duration, Limited-Term Federal Mortgage Securities, Short-Term Bond, Total Return Bond, Ultra-Short Bond, U.S. Government Securities and U.S. Government Securities Ultra-Short Bond Funds invest in securities whose value is derived from an underlying pool of mortgages or consumer loans. Prepayment of these loans shortens the stated maturity of these respective obligations and may result in a loss of premium, if any has been paid. Estimates of such prepayments are used to calculate expected maturity dates and a Fund’s average duration.
The Money Market Funds invest primarily in money market instruments maturing in 397 days or less whose ratings are within one of the two highest ratings categories assigned by a nationally recognized statistical rating organization, or, if not rated, are believed to be of comparable quality. The ability of the issuers of the securities held by the Funds to meet their obligations may be affected by economic developments in a specific industry, state or region.
Certain securities are backed by letters of credit from various financial institutions and financial guaranty assurance agencies. These letters of credit enhance the credit quality of the individual securities; however, if any of the financial institutions or financial guaranty assurance agencies’ credit quality should deteriorate, it could cause the individual security’s credit quality to change. Additionally, if any of the

 

 

Funds concentrate their letters of credit in any one financial institution, the risk of credit quality deterioration increases.
Certain Funds hold certain securities the issuer of which operates under a congressional charter. These securities (Federal Home Loan Mortgage Corporation, Federal Home Loan Bank and Federal National Mortgage Association) are neither issued nor guaranteed by the U.S. Government. If needed, access to additional funding from the U.S. Treasury (beyond the issuer’s line of credit), would require congressional action.

 

 

Item 2. Controls and Procedures.
(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 conducted within 90 days of the filing date of this report, that these disclosure controls and procedures are adequately designed and are operating effectively to ensure that information required to be disclosed by the registrant on Form N-Q is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms.
(b) There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Act (17 CFR 270.30a-3(d)) that occurred during the registrant’s most recent fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.
Item 3. Exhibits.
Certifications pursuant to Rule 30a-2(a) are attached hereto.
SIGNATURES
     Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant) STI Classic Funds
         
     
  By (Signature and Title)*     /s/ Martin R. Dean 
      Martin R. Dean, Treasurer, STI Classic Funds 
     
 
Date August 28, 2007
     Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
         
     
  By (Signature and Title)*     /s/ Julia Short 
      Julia Short, President, STI Classic Funds 
     
 
Date August 28, 2007
         
     
  By (Signature and Title)*     /s/ Martin R. Dean  
      Martin R. Dean, Treasurer, STI Classic Funds 
     
 
Date August 28, 2007
 
*   Print the name and title of each signing officer under his or her signature.

 

EX-99.CERT 2 l27550aexv99wcert.htm EX-99.CERT EX-99.CERT
 

Exhibit 99.CERT
CERTIFICATIONS
I, Julia Short, certify that:
1.   I have reviewed this report on Form N-Q of STI Classic Funds (the “registrant”);
 
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 schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;
 
4.   The registrant’s other certifying officer(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 control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:
  a)   Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
 
  b)   Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting 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 most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5.   The registrant’s other certifying officer(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.
         
     
August 28, 2007  /s/ Julia Short    
        Date   Julia Short
President 		  
     
 

 

 

CERTIFICATIONS
I, Martin R. Dean, certify that:
1.   I have reviewed this report on Form N-Q of STI Classic Funds (the “registrant”);
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 schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;
4.   The registrant’s other certifying officer(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 control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:
  a)   Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
 
  b)   Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting 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 most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5.   The registrant’s other certifying officer(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.
         
     
August 28, 2007  /s/ Martin R. Dean    
        Date   Martin R. Dean
Treasurer 		  
     
 

 

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