0001398344-11-001703.txt : 20110803 0001398344-11-001703.hdr.sgml : 20110803 20110803145751 ACCESSION NUMBER: 0001398344-11-001703 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110630 FILED AS OF DATE: 20110803 DATE AS OF CHANGE: 20110803 EFFECTIVENESS DATE: 20110803 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NEWGATE CAPITAL MANAGEMENT LLC CENTRAL INDEX KEY: 0000939761 IRS NUMBER: 042941344 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-03871 FILM NUMBER: 111006719 BUSINESS ADDRESS: STREET 1: 80 FIELD POINT RD STREET 2: 12TH FL CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 2036610700 MAIL ADDRESS: STREET 1: 80 FIELD POINT RD CITY: GREENWICH STATE: CT ZIP: 06830 FORMER COMPANY: FORMER CONFORMED NAME: NEWGATE LLP /CT DATE OF NAME CHANGE: 19980123 FORMER COMPANY: FORMER CONFORMED NAME: NEWGATE MANAGEMENT ASSOCIATES /NY DATE OF NAME CHANGE: 19970725 13F-HR 1 fp0003254_13fhr.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 2011 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Newgate Capital Management LLC Address: One Sound Shore Drive Greenwich, CT 06830 Form 13F File Number: 28-4822 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Sonia Rosenbaum Title: Managing Director Phone: 203-661-0700 Signature, Place, and Date of Signing: /s/ Sonia Rosenbaum Greenwich, CT August 3, 2011 ------------------- ------------- -------------- [Signature] [City, State] [Date] Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: [If there are no entries in this list, omit this section.] Form 13F File Number Name Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 ----------- Form 13F Information Table Entry Total: 193 ----------- Form 13F Information Table Value Total: $ 2,060,688 ----------- (thousands) List of Other Included Managers: Provide a numbered list of the names(s) and Form 13F file numbers(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] NONE
ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8: ------------------------------- ---------- --------- ----------- ---------- ---------- --------- ----------------------- NAME OF ISSUER TITLE OF CUSIP FAIR SHARES OR INVESTMENT OTHER VOTING AUTHORITY CLASS NUMBER MARKET PRINCIPAL DISCRETION MANAGERS -------- ------ ------- VALUE AMOUNT (A) (B) (C) SOLE SHARED NONE ------------------------------- ---------- --------- ----------- ---------- ---------- --------- ----------------------- ABB LTD-SPON ADR SP ADR 000375204 13,131 506 SOLE N/A 506 0 ABERDEEN ASIA-PAC INCOME FD COM 003009107 9,202 1,261 SOLE N/A 1,261 0 AGIC EQUITY & CONVERTIBLE IN COM 00119P102 6,859,775 372,207 SOLE N/A 371,231 976 AGRIUM INC COM 008916108 16,204,834 184,649 SOLE N/A 182,827 1,822 ALBEMARLE CORP COM 012653101 16,167,196 233,630 SOLE N/A 231,321 2,309 ALLIANCEBERNSTEIN INC FUND COM 01881E101 181,470 23,117 SOLE N/A 22,540 577 AMERICA MOVIL-ADR SERIES L SP ADR 02364W105 25,177,484 940,167 SOLE N/A 929,466 10,701 AMERICAN SELECT PORTFOLIO COM 029570108 6,542,417 615,016 SOLE N/A 613,081 1,935 AMERICAN STRATEGIC INC III COM 03009T101 6,310,610 811,268 SOLE N/A 808,766 2,502 AMERICAN STRATEGIC INCOME II COM 030099105 7,084,303 782,770 SOLE N/A 779,966 2,804 ANDERSONS INC/THE COM 034164103 18,853,260 446,231 SOLE N/A 441,478 4,753 ANTOFAGASTA PLC -SPON ADR SP ADR 037189107 8,437,064 188,960 SOLE N/A 188,771 189 APACHE CORP COM 037411105 13,103,741 106,325 SOLE N/A 105,242 1,083 APPLE INC COM 037833100 559,562 1,667 SOLE N/A 1,667 0 ASHLAND INC COM 044209104 15,291,677 236,640 SOLE N/A 234,306 2,334 BAIDU INC - SPON ADR ADR 056752108 22,017,366 157,121 SOLE N/A 154,684 2,437 BANCO BRADESCO-ADR SP ADR 059460303 27,208,970 1,329,212 SOLE N/A 1,308,798 20,414 BANCO SANTANDER SA-SPON ADR ADR 05964H105 15,592 1,374 SOLE N/A 1,374 0 BANCOLOMBIA S.A.-SPONS ADR SP ADR PREF 05968L102 5,205 78 SOLE N/A 78 0 BANK OF AMERICA CORP COM 060505104 255,806 23,340 SOLE N/A 23,340 0 BARCLAYS PLC-SPONS ADR ADR 06738E204 14,541 885 SOLE N/A 885 0 BASF SE-SPON ADR SP ADR 055262505 32,066 327 SOLE N/A 327 0 BLACKROCK CREDIT ALLOC III COM 09249V103 10,595,947 982,325 SOLE N/A 978,836 3,489 BLACKROCK CREDIT ALLOCAT II COM 09255H105 8,946,097 885,989 SOLE N/A 882,253 3,736 BLACKROCK DEBT STRATEGIES FD COM 09255R103 12,391 2,934 SOLE N/A 2,934 0 BLACKROCK ENHANCED GOVT FUND COM 09255K108 8,567,927 554,896 SOLE N/A 552,779 2,117 BLACKROCK MUNIASSETS FUND COM 09254J102 8,010,355 685,319 SOLE N/A 685,319 0 BMW-UNSPONSORED ADR ADR 072743206 16,492 499 SOLE N/A 499 0 BNP PARIBAS-ADR ADR 05565A202 11,982 310 SOLE N/A 310 0 BRASIL TELECOM SA-ADR SP ADR 10553M101 3,428,395 119,623 SOLE N/A 119,623 0 BRASIL TELECOM SA-ADR SP ADR 10553M200 601,988 55,843 SOLE N/A 55,843 0 CAMERON INTERNATIONAL CORP COM 13342B105 10,079,021 200,418 SOLE N/A 198,423 1,995 CATERPILLAR INC COM 149123101 14,616,432 137,875 SOLE N/A 136,512 1,363 CELANESE CORP-SERIES A COM SER A 150870103 17,094,880 321,027 SOLE N/A 317,835 3,192 CEMIG SA -SPONS ADR SP ADR 204409601 214,780 10,406 SOLE N/A 10,406 0 CF INDUSTRIES HOLDINGS INC COM 125269100 9,018,044 63,655 SOLE N/A 63,005 650 CHINA CONSTRUCT-UNSPON ADR ADR 168919108 36,280,017 2,178,980 SOLE N/A 2,176,803 2,177 CHINA LIFE INSURANCE CO-ADR SP ADR 16939P106 28,278,824 545,502 SOLE N/A 535,443 10,059 CHINA PETROLEUM & CHEM-ADR SP ADR 16941R108 12,071 119 SOLE N/A 119 0 CHINA SHENHUA-UNSPON ADR ADR 16942A302 10,859,681 225,773 SOLE N/A 225,493 280 CHUNGHWA TELECOM LTD-ADR SP ADR 17133Q502 242,514 7,315 SOLE N/A 7,315 0 CIA SIDERURGICA NACL-SP ADR SP ADR 20440W105 3,227 259 SOLE N/A 53 206 CIE GEN GEOPHYSIQUE-SP ADR COM 204386106 16,351 447 SOLE N/A 447 0 CITIGROUP INC COM 172967424 247,810 5,953 SOLE N/A 5,953 0 CLIFFS NATURAL RESOURCES INC COM 18683K101 24,614,817 266,250 SOLE N/A 263,609 2,641 CNOOC LTD-ADR SP ADR 126132109 39,640,015 168,016 SOLE N/A 164,944 3,072 COMPANHIA DE BEBIDAS-PRF ADR SP ADR 20441W203 3,878,822 115,821 SOLE N/A 115,821 0 CONSOL ENERGY INC COM 20854P109 10,906,255 224,964 SOLE N/A 222,607 2,357 COSAN LTD-CLASS A SHARES COM G25343107 39,911,873 3,247,508 SOLE N/A 3,199,264 48,244 CREDICORP LTD COM G2519Y108 21,755,318 252,675 SOLE N/A 248,534 4,141 CREDIT SUISSE GROUP-SPON ADR SP ADR 225401108 8,428 216 SOLE N/A 216 0 CTRIP.COM INTERNATIONAL-ADR ADR 22943F100 55,664,788 1,292,126 SOLE N/A 1,275,518 16,608 DAIMLER AG-REGISTERED SHARES COM D1668R123 13,489 179 SOLE N/A 179 0 DEUTSCHE BANK AG-REGISTERED COM D18190898 12,796 216 SOLE N/A 216 0 DOW CHEMICAL CO/THE COM 260543103 13,813,560 383,710 SOLE N/A 379,945 3,765 DRYSHIPS INC SHS Y2109Q101 13,063,963 3,117,891 SOLE N/A 3,086,740 31,151 DU PONT (E.I.) DE NEMOURS COM 263534109 13,274,356 245,594 SOLE N/A 243,178 2,416 DUFF & PHELPS UTIL & CORP BD COM 26432K108 12,527,112 1,112,384 SOLE N/A 1,108,356 4,028 EATON VANCE MUNICIPAL BOND F COM 27827X101 2,505 205 SOLE N/A 205 0 EATON VANCE MUNICIPAL INCOME SH BEN INT 27826U108 1,527 127 SOLE N/A 127 0 EATON VANCE TAX-MANAGED DIVE COM 27828N102 11,823,368 1,082,726 SOLE N/A 1,078,964 3,762 ENERGY SELECT SECTOR SPDR SBI INT-ENERG 81369Y506 5,048 67 SOLE N/A 67 0 EXXON MOBIL CORP COM 30231G102 164,795 2,025 SOLE N/A 2,025 0 FANUC CORP-UNSP ADR ADR 307305102 8,512 304 SOLE N/A 304 0 FMC TECHNOLOGIES INC COM 30249U101 9,402,182 209,917 SOLE N/A 207,842 2,075 FOMENTO ECONOMICO MEX-SP ADR SP ADR 344419106 9,209,596 138,511 SOLE N/A 138,511 0 FOSTER WHEELER AG COM H27178104 11,404,743 375,403 SOLE N/A 371,697 3,706 FREEPORT-MCMORAN COPPER COM 35671D857 14,411,563 273,695 SOLE N/A 270,978 2,717 GAFISA SA-ADR SP ADR 362607301 32,433,705 3,428,510 SOLE N/A 3,366,416 62,094 GAZPROM OAO-SPON ADR SP ADR 368287207 20,631,827 1,417,995 SOLE N/A 1,416,583 1,412 GENERAL MARITIME CORP SHS Y2693R101 4,984,320 3,692,089 SOLE N/A 3,655,668 36,421 GERDAU SA -SPON ADR SP ADR 373737105 25,871,342 2,459,253 SOLE N/A 2,416,677 42,576 GOLDMAN SACHS GROUP INC COM 38141G104 207,887 1,562 SOLE N/A 1,562 0 GREAT BASIN GOLD LTD COM 390124105 17,797,056 8,515,338 SOLE N/A 8,428,321 87,017 HDFC BANK LTD-ADR ADR 40415F101 7,232,378 205,011 SOLE N/A 201,859 3,152 HELIOS STRATEGIC INCOME FUND COM 42328A203 2,313,002 409,714 SOLE N/A 407,944 1,770 HELIOS TOTAL RETURN FUND INC COM 42327V109 6,063 995 SOLE N/A 995 0 HENKEL AG & CO- SPONS ADR SP ADR 42550U109 14,056 245 SOLE N/A 245 0 HESS CORP COM 42809H107 12,385,340 165,668 SOLE N/A 164,015 1,653 HONDA MOTOR CO LTD-SPONS ADR AMER SHS 438128308 13,629 353 SOLE N/A 353 0 HSBC HOLDINGS PLC-SPONS ADR SP ADR 404280406 16,523 333 SOLE N/A 333 0 ICICI BANK LTD-SPON ADR ADR 45104G104 38,093,272 772,683 SOLE N/A 761,508 11,175 INFOSYS LTD-SP ADR SP ADR 456788108 43,465,684 666,345 SOLE N/A 656,068 10,277 ING PRIME RATE TRUST SH BEN INT 44977W106 7,540 1,235 SOLE N/A 1,235 0 INVESCO MUNICIPAL INC OPP II COM 46133A100 1,224,279 174,364 SOLE N/A 174,364 0 INVESCO QUALITY MUNI INV TR COM 46133H105 11,663 907 SOLE N/A 907 0 IPATH MSCI INDIA INDEX ETN IPMS INDIA E 06739F291 7,981,429 113,874 SOLE N/A 113,874 0 ISHARES FTSE CHINA 25 INDEX FTSE CHINA25 464287184 58,541 1,363 SOLE N/A 1,093 270 ISHARES FTSE NAREIT MORTGAGE MRTG PLS CAP 464288539 12,337,985 837,615 SOLE N/A 834,538 3,077 ISHARES MSCI BRAZIL MSCI BRAZIL 464286400 27,433 374 SOLE N/A 199 175 ISHARES MSCI EMERGING MKT IN MSCI EMRG MKT 464287234 89,155 1,873 SOLE N/A 1,873 0 ISHARES MSCI ISRAEL CPD INVS MSCI ISRAEL FD464286632 9,092 166 SOLE N/A 166 0 ISHARES MSCI SOUTH AFRICA IN MSCI S AFRCA 464286780 51,881 730 SOLE N/A 711 19 ISHARES MSCI SOUTH KOREA IND MSCI S KOREA 464286772 16,835 259 SOLE N/A 259 0 ISHARES S&P NA NAT RES S I F S&P NA NAT R 464287374 191,580 4,388 SOLE N/A 4,388 0 ITAU UNIBANCO HLDNG-PREF ADR SP ADR 465562106 75,404,178 3,204,080 SOLE N/A 3,147,097 56,983 ITAU UNIBANCO-PRF-ADS 144A SP ADR 465562114 576,578 24,500 SOLE N/A 24,500 0 JAMES RIVER COAL CO COM NEW 470355207 2,860,606 137,397 SOLE N/A 135,860 1,537 JOY GLOBAL INC COM 481165108 12,950,735 135,980 SOLE N/A 134,637 1,343 K+S AG-SPONSORED ADR ADR 48265W108 6,331 163 SOLE N/A 163 0 KB FINANCIAL GROUP INC-ADR SP ADR 48241A105 45,392,266 949,629 SOLE N/A 932,637 16,992 KEPPEL CORP LTD-SPONS ADR SP ADR 492051305 8,714,749 492,186 SOLE N/A 491,570 616 KOMATSU LTD -SPONS ADR SP ADR 500458401 26,502 844 SOLE N/A 844 0 KUBOTA CORP-SPONS ADR ADR 501173207 16,695 375 SOLE N/A 375 0 LAS VEGAS SANDS CORP COM 517834107 35,894,498 850,379 SOLE N/A 835,044 15,335 LINDE AG-SPONSORED ADR SP ADR 535223200 13,391 763 SOLE N/A 763 0 LLOYDS BANKING GROUP PLC-ADR SP ADR 539439109 4,496 1,441 SOLE N/A 1,441 0 LUKOIL OAO-SPON ADR SP ADR 677862104 43,280,003 678,902 SOLE N/A 678,295 607 LYONDELLBASELL INDU-CL A COM N53745100 12,276,671 318,709 SOLE N/A 315,601 3,108 MAN SE-UNSPONSORED ADR ADR 561641101 14,366 1,081 SOLE N/A 1,081 0 MARKET VECTORS RUSSIA ETF RUSSIA ETF 57060U506 28,481 739 SOLE N/A 208 531 MCDERMOTT INTL INC COM 580037109 14,657,776 739,918 SOLE N/A 732,551 7,367 MECHEL-SPONSORED ADR SP ADR 583840103 30,397,493 1,272,394 SOLE N/A 1,256,761 15,633 MELCO CROWN ENTERTAINME-ADR ADR 585464100 11,998,909 939,617 SOLE N/A 922,693 16,924 METHANEX CORP COM 59151K108 19,581 624 SOLE N/A 624 0 MFS GOVT MARKETS INC TRUST SH BEN INT 552939100 5,823,274 861,737 SOLE N/A 858,677 3,060 MFS MULTIMARKET INC TRUST SH BEN 552737108 2,632,619 387,920 SOLE N/A 386,053 1,867 MIZUHO FINANCIAL GROUP-ADR SP ADR 60687Y109 6,222 1,897 SOLE N/A 1,897 0 MOBILE TELESYSTEMS-SP ADR SP ADR 607409109 51,345,099 2,699,532 SOLE N/A 2,662,022 37,510 MORGAN STANLEY EMRG MKT DEBT COM 61744H105 1,450,989 136,628 SOLE N/A 136,628 0 MOSAIC CO/THE COM 61945C103 9,918,481 146,544 SOLE N/A 146,507 37 MTN GROUP LTD-SPONS ADR ADR 62474M108 18,300,189 855,149 SOLE N/A 854,287 862 NASPERS LTD-N SHS SPON ADR SP ADR 631512100 16,885,704 298,334 SOLE N/A 298,037 297 NATIONAL BANK OF GREECE-ADR ADR 633643408 105,677 73,900 SOLE N/A 73,900 0 NATIONAL OILWELL VARCO INC COM 637071101 13,536,039 173,073 SOLE N/A 171,338 1,735 NAVIOS MARITIME HOLDINGS INC COM Y62196103 7,951,043 1,543,892 SOLE N/A 1,528,631 15,261 NEUBERGER BERMAN REAL ESTATE COM 64190A103 8,881,211 2,074,807 SOLE N/A 2,067,442 7,365 NIDEC CORPORATION-ADR ADR 654090109 21,211 908 SOLE N/A 908 0 NOBLE CORP COM H5833N103 14,797,627 375,479 SOLE N/A 371,717 3,762 NOMURA HOLDINGS INC-ADR SP ADR 65535H208 9,623 1,952 SOLE N/A 1,952 0 NUVEEN CAL MUNI VALUE FUND COM 67062C107 4,776,448 543,235 SOLE N/A 543,235 0 NUVEEN CALIF QUALITY INC MUN COM 670985100 1,491 106 SOLE N/A 106 0 NUVEEN INSD DVD ADV MUNI FD COM 67071L106 834,466 60,548 SOLE N/A 60,548 0 NUVEEN INSD PREM INC MUNI II COM 6706D8104 2,873,075 235,904 SOLE N/A 235,904 0 NUVEEN MORTGAGE OPPORTUNITY COM 670735109 4,122 170 SOLE N/A 170 0 NUVEEN MULTI-ST INC & GTH 2 COM 67073D102 2,860,345 312,948 SOLE N/A 311,836 1,112 NUVEEN MUNI ADVANTAGE FUND COM 67062H106 2,579 185 SOLE N/A 185 0 NUVEEN MUNICIPAL VALUE FUND COM 670928100 472,441 51,232 SOLE N/A 51,232 0 NUVEEN NEW YORK PERF+ MUNI COM 67062R104 950,913 65,865 SOLE N/A 65,865 0 NUVEEN NY INV QUAL MUNI FD COM 67062X101 1,808,676 128,891 SOLE N/A 128,891 0 NUVEEN NY QUALITY INC MUNI COM 670986108 328,628 23,209 SOLE N/A 23,209 0 NUVEEN PREMIER MUNI INC FD COM 670988104 700,441 52,605 SOLE N/A 52,605 0 NUVEEN PREMIUM INC MUNI FD 2 COM 67063W102 2,082,888 154,360 SOLE N/A 154,360 0 NUVEEN QUALITY PREFERRED II COM 67072C105 8,719 1,046 SOLE N/A 1,046 0 OCCIDENTAL PETROLEUM CORP COM 674599105 11,289,136 108,508 SOLE N/A 107,401 1,107 PACIFIC RUBIALES ENERGY CORP COM 69480U206 4,108,096 153,230 SOLE N/A 153,063 167 PATRIOT COAL CORP COM 70336T104 13,330,935 598,874 SOLE N/A 592,730 6,144 PETROLEO BRASILEIRO S.A.-ADR SP ADR 71654V408 47,122,691 1,391,692 SOLE N/A 1,374,025 17,667 PETROLEO BRASILEIRO-SPON ADR SP ADR N VTG 71654V101 42,844,497 1,396,496 SOLE N/A 1,374,197 22,299 PIMCO MUNICIPAL INCOME FD II COM 72200W106 7,514 718 SOLE N/A 718 0 PIMCO STRATEGIC GLBL GOVT COM 72200X104 4,605 405 SOLE N/A 405 0 PING AN INSURANCE-ADR ADR 72341E304 17,252,145 834,243 SOLE N/A 833,402 841 POSCO-ADR SP ADR 693483109 52,353,211 481,985 SOLE N/A 473,353 8,632 POTASH CORP OF SASKATCHEWAN COM 73755L107 15,208,493 267,188 SOLE N/A 264,527 2,661 POWERSHARES IN NATL MUN B PT INSUR NATL M 73936T474 2,448 106 SOLE N/A 106 0 QUADRA FNX MINING LTD COM 74733X106 5,819,758 392,167 SOLE N/A 392,062 105 SANDVIK AB-SPONSORED ADR SP ADR 800212201 12,155 693 SOLE N/A 693 0 SASOL LTD-SPONSORED ADR SP ADR 803866300 36,283 686 SOLE N/A 686 0 SCHLUMBERGER LTD COM 806857108 33,958,915 393,043 SOLE N/A 389,138 3,905 SHINHAN FINANCIAL GROUP-ADR SP ADR 824596100 52,551,911 547,701 SOLE N/A 537,865 9,836 SIEMENS AG-SPONS ADR SP ADR 826197501 30,807 224 SOLE N/A 224 0 SILVER STANDARD RESOURCES COM 82823L106 12,830,123 480,709 SOLE N/A 471,993 8,716 SILVER WHEATON CORP COM 828336107 5,750,316 174,252 SOLE N/A 172,557 1,695 SINOPEC SHANGHAI-SPONS ADR SP ADR 82935M109 15,798,816 359,064 SOLE N/A 352,580 6,484 SK TELECOM CO LTD-ADR SP ADR 78440P108 156,594 8,374 SOLE N/A 8,374 0 SOUTHWESTERN ENERGY CO COM 845467109 11,813,569 275,503 SOLE N/A 272,735 2,768 SPDR BARCLAYS CAPITAL HIGH ETF 78464A417 14,100 355 SOLE N/A 355 0 SPDR NUVEEN BARCLAYS CAPITAL NUVN BRCLY M 78464A458 2,521 112 SOLE N/A 112 0 SPDR S&P METALS & MINING ETF S&P MTALS MNG 78464A755 5,619 81 SOLE N/A 81 0 STRAITS ASIA RES LTD-UNS ADR ADR 86258X105 6,448,253 131,597 SOLE N/A 131,432 165 SUMITOMO CHEMICAL CO-UNS ADR ADR 865612105 7,843 316 SOLE N/A 316 0 SUMITOMO MITSUI-SPONS ADR SP ADR 86562M209 1,611 262 SOLE N/A 262 0 TAIWAN SEMICONDUCTOR-SP ADR SP ADR 874039100 33,414,079 2,649,808 SOLE N/A 2,601,813 47,995 TECHNIP SA-ADR SP ADR 878546209 18,285 681 SOLE N/A 681 0 TECK RESOURCES LTD-CLS B COM 878742204 18,247,981 359,637 SOLE N/A 356,121 3,516 TELECOMUNICACOES DE S.P.-ADR SP ADR 87929A102 5,531,833 186,257 SOLE N/A 186,257 0 TENARIS SA-ADR SP ADR 88031M109 13,555,790 296,431 SOLE N/A 291,059 5,372 TENCENT HOLDINGS LTD-UNS ADR ADR 88032Q109 13,111,859 478,535 SOLE N/A 477,933 602 TEVA PHARMACEUTICAL-SP ADR SP ADR 881624209 17,439,969 361,675 SOLE N/A 355,003 6,672 TOTAL SA-SPON ADR SP ADR 89151E109 13,147,726 227,312 SOLE N/A 225,053 2,259 TOYOTA MOTOR CORP -SPON ADR SP ADR 892331307 31,567 383 SOLE N/A 383 0 TURKIYE GARANTI BANKASI-ADR ADR 900148701 8,513,813 1,850,829 SOLE N/A 1,848,959 1,870 ULTRA PETROLEUM CORP COM 903914109 11,211,932 244,802 SOLE N/A 242,343 2,459 UNITED STATES STEEL CORP COM 912909108 70,487 1,531 SOLE N/A 1,531 0 UNITED TRACTORS-UNSPON ADR ADR 69367T108 10,602,654 180,686 SOLE N/A 180,461 225 VALE SA-SP ADR SP ADR 91912E105 118,634,216 3,713,121 SOLE N/A 3,653,631 59,490 WALTER ENERGY INC COM 93317Q105 11,216,851 96,864 SOLE N/A 95,893 971 WELLS FARGO ADVANTAGE MULTI COM 94987D101 2,945,912 192,537 SOLE N/A 192,406 131 WESTERN ASSET MUNICIPAL HIGH COM 95766N103 748,166 101,613 SOLE N/A 101,613 0 WESTLAKE CHEMICAL CORP COM 960413102 6,129,131 118,095 SOLE N/A 116,936 1,159 WOORI FINANCE HOLDINGS-ADR ADR 981063100 14,453,619 364,071 SOLE N/A 357,213 6,858 XSTRATA PLC-UNSPONS ADR ADR 98418K105 6,754,880 1,535,200 SOLE N/A 1,534,756 444 YANZHOU COAL MINING-SP ADR SP ADR 984846105 51,746,495 1,344,414 SOLE N/A 1,322,598 21,816