TY 2011 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation

Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.

OMB No. 1545-0052

2011

For calendar year 2011, or tax year beginning 01-01-2011 , and ending 12-31-2011

Check all that apply:Initial returnInitial return of a former public charityFinal return

Amended returnAddress changeName change

Name of foundation
HELEN M LUKENS CHARITABLE TRST

Number and street (or P.O. box number if mail is not delivered to street address)1525 W WT HARRIS BLVD D1114-044 Room/suite

City or town, state, and ZIP code
CHARLOTTE, NC28288

A Employer identification number

23-6925608

B Telephone number (see page 10 of the instructions)

(336) 747-8186

C If exemption application is pending, check here bullet

D 1. Foreign organizations, check here . bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation 2. Foreign organizations meeting the 85% test,
check here and attach computation bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$1,287,100J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

E If private foundation status was terminated
under section 507(b)(1)(A), check here bullet

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here bullet

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check
3	Interest on savings and temporary cash investments	45		45
4	Dividends and interest from securities......	33,323		32,861
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		24,041
b	Gross sales price for all assets on line 6a 1,261,211
7	Capital gain net income (from Part IV, line 2)...			24,041
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	57,409		56,947
13	Compensation of officers, directors, trustees, etc.	16,686		12,514		4,171
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......		6,000	0	0	6,000
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see page 14 of the instructions)		1,455	796		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......		156	156
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	24,297		13,466	0	10,171
25	Contributions, gifts, grants paid........	49,291				49,291
26	Total expenses and disbursements. Add lines 24 and 25	73,588		13,466	0	59,462
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-16,179
b	Net investment income (if negative, enter -0-)			43,481
c	Adjusted net income (if negative, enter -0-)...				0

For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.

Cat. No. 11289X Form 990-PF (2011)

Form 990-PF (2011)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............
	2	Savings and temporary cash investments..........	86,125	69,102	69,102
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see page 15 of the
		instructions)....................
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)	342,817	340,245	350,601
	b	Investments—corporate stock (attach schedule)........	821,704	507,110	545,224
	c	Investments—corporate bonds (attach schedule)........
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	1,408	316,424	322,173
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	1,252,054	1,232,881	1,287,100
	17	Accounts payable and accrued expenses..........
	18	Grants payable...................
	19	Deferred revenue..................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22)..........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........	1,252,054	1,232,881
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................	1,252,054	1,232,881
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	1,252,054	1,232,881

Part III	Analysis of Changes in Net Assets or Fund Balances
1	Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
	with end-of-year figure reported on prior year’s return)...............	1	1,252,054
2	Enter amount from Part I, line 27a.....................	2	-16,179
3	Other increases not included in line 2 (itemize)	3	700
4	Add lines 1, 2, and 3..........................	4	1,236,575
5	Decreases not included in line 2 (itemize)	5	3,694
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	1,232,881

Form 990-PF (2011)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	1. AOL INC		2010-10-21	2011-08-11
b	141. AOL INC		2010-07-22	2011-08-11
c	13. AETNA INC-NEW COM		2010-04-08	2011-03-11
d	10. AETNA INC-NEW COM		2010-04-08	2011-06-22
e	6. AGILENT TECHNOLOGIES INC COM		2011-05-27	2011-12-29
	23. AIR PRODS & CHEMICALS INC COM W/ RTS TO PURCHASE PFD SHS EXP		2010-04-08	2011-03-01
	8. ALBEMARLE CORP COM		2010-04-06	2011-07-07
	12. ALBEMARLE CORP COM		2011-03-29	2011-07-07
	4. ALBEMARLE CORP COM		2010-04-06	2011-08-11
	8. ALBEMARLE CORP COM		2011-10-11	2011-12-29
	10. ALEXANDER & BALDWIN INC COM		2010-11-29	2011-12-29
	3. ALEXANDRIA REAL ESTATE EQUITIES INC COM W/RIGHTS ATTACHED EXP 2/10/		2010-04-22	2011-08-04
	3. ALEXANDRIA REAL ESTATE EQUITIES INC COM W/RIGHTS ATTACHED EXP 2/10/		2010-04-22	2011-08-10
	1. ALEXANDRIA REAL ESTATE EQUITIES INC COM W/RIGHTS ATTACHED EXP 2/10/		2010-04-22	2011-08-11
	.14 ALLEGHANY CORP DEL COM		2010-04-06	2011-05-04
	3. ALLIANCE DATA SYSTEMS CORP COM		2011-11-07	2011-12-29
	6. AMERICAN CAMPUS CMNTYS INC		2010-09-07	2011-02-14
	5. AMERICAN CAMPUS CMNTYS INC		2010-09-07	2011-02-15
	4. AMERICAN CAMPUS CMNTYS INC		2010-04-22	2011-02-17
	1. AMERICAN CAMPUS CMNTYS INC		2010-09-07	2011-02-17
	7. AMERICAN CAMPUS CMNTYS INC		2010-04-22	2011-02-23
	6. AMERICAN CAMPUS CMNTYS INC		2010-04-22	2011-02-25
	9. AMERICAN CAMPUS CMNTYS INC		2010-04-22	2011-03-01
	7. AMERICAN CAMPUS CMNTYS INC		2010-04-22	2011-03-09
	5. AMERICAN CAMPUS CMNTYS INC		2010-04-22	2011-04-29
	11. AMERIPRISE FINANCIAL INC		2010-02-09	2011-05-23
	5. AMERIPRISE FINANCIAL INC		2010-02-09	2011-12-29
	4. AMGEN INC COM W/RTS ATTACHED EXP 03/21/2007		2009-12-30	2011-12-29
	9. ANNALY MTG MGMT INC COM		2010-09-20	2011-02-14
	33. ANNALY MTG MGMT INC COM		2010-11-05	2011-02-28
	9. APARTMENT INVT & MGMT CO CL A		2011-04-29	2011-12-19
	3. APARTMENT INVT & MGMT CO CL A		2011-07-27	2011-12-19
	6. APARTMENT INVT & MGMT CO CL A		2011-07-27	2011-12-21
	5. APARTMENT INVT & MGMT CO CL A		2011-04-27	2011-12-21
	8. APPLE COMPUTER INC COM		2010-07-12	2011-09-15
	1. APPLE COMPUTER INC COM		2010-07-12	2011-12-29
	138. ASAHI KASEI CORP ADR		2010-04-06	2011-10-11
	75. ASTRAZENECA PLC SPONSORED ADR		2010-04-06	2011-03-16
	500. ATMEL CORP COM		2011-05-27	2011-11-07
	19. ATWOOD OCEANICS INC COM		2010-04-06	2011-12-29
	67. AXA SPONSORED ADR		2010-10-07	2011-09-13
	145. AXA SPONSORED ADR		2010-04-06	2011-09-13
	42. BAE SYS PLC SPONSORED ADR		2010-04-06	2011-03-16
	133. BAE SYS PLC SPONSORED ADR		2010-04-06	2011-03-17
	25. BASF AG COM		2010-04-06	2011-03-16
	11. BG GROUP PLC- SPON ADR ISIN US0554342032		2010-06-21	2011-03-31
	29. BG GROUP PLC- SPON ADR ISIN US0554342032		2010-08-11	2011-10-19
	11. BAKER HUGHES INC COM		2010-04-08	2011-01-07
	7. BAKER HUGHES INC COM		2010-04-08	2011-01-31
	22. BAKER HUGHES INC COM		2010-04-08	2011-03-01
	189. BANCO BILBAO VIZCAYA ARGENTARIA S A SPONSORED ADR		2010-09-17	2011-09-14
	.8307 BANCO SANTANDER CENT HISPANO SA ADR		2010-11-10	2011-02-17
	375. BANCO SANTANDER CENT HISPANO SA ADR		2010-04-06	2011-09-07
	9. BANCO SANTANDER CENT HISPANO SA ADR		2011-02-10	2011-09-07
	13. BANK NEW YORK MELLON CORP COM		2011-08-25	2011-12-29
	122. BANK OF CHINA - UNSPN ADR		2010-10-25	2011-11-23
	126. BANK OF CHINA - UNSPN ADR		2011-05-05	2011-11-23
	31. BEST BUY INC COM		2011-01-10	2011-11-01
	25. BIOGEN IDEC INC		2010-04-14	2011-03-24
	5. BIOGEN IDEC INC		2010-05-07	2011-04-21
	5. BIOGEN IDEC INC		2010-04-14	2011-04-21
	3. BIOGEN IDEC INC		2010-05-07	2011-07-29
	15. BIOGEN IDEC INC		2010-06-04	2011-10-20
	4. BOSTON PPTYS INC COM		2010-04-22	2011-08-09
	5. BOSTON PPTYS INC COM		2010-04-22	2011-08-10
	10. BRISTOL-MYERS SQUIBB CO COM		2009-12-30	2011-12-29
	31. CBS CORP CL B COM		2011-04-20	2011-05-23
	12. CBS CORP CL B COM		2011-04-20	2011-12-29
	13. CBRE GROUP INC		2011-08-09	2011-10-31
	10. CBRE GROUP INC		2010-10-26	2011-10-31
	9. CVS CORP COM		2010-08-26	2011-12-29
	18. CABELAS INC		2010-10-21	2011-12-29
	1. CAMERON INT'L CORP COM		2010-06-04	2011-01-10
	18. CAMERON INT'L CORP COM		2010-07-30	2011-01-10
	6. CAMERON INT'L CORP COM		2010-06-04	2011-03-11
	12. CAPELLA EDUCATION CO		2010-12-27	2011-08-30
	38. CAPELLA EDUCATION CO		2010-12-21	2011-10-11
	18. CARDINAL HLTH INC COM		2010-03-18	2011-05-23
	7. CARDINAL HLTH INC COM		2010-03-18	2011-12-29
	46. CARMAX INC		2010-04-06	2011-05-05
	31. CARMAX INC		2010-09-16	2011-05-05
	16. CARTER HOLDINGS		2010-09-20	2011-08-01
	50. CARTER HOLDINGS		2010-09-20	2011-08-25
	4. CELGENE CORP COM		2011-11-07	2011-12-29
	204. CENTRAL JAPAN RAI-UNSPON ADR		2010-04-06	2011-05-06
	19. CHEVRONTEXACO CORP COM		2009-12-30	2011-05-23
	3. CHEVRONTEXACO CORP COM		2009-12-30	2011-12-29
	87. CIMAREX ENERGY CO		2010-07-12	2011-05-27
	12. CISCO SYS INC COM W/RIGHTS ATTACHED EXPIRING 6/10/2008		2009-12-30	2011-12-29
	1616. CITIGROUP INC COM		2010-05-04	2011-02-11
	13. COMCAST CORP NEW CL A		2011-02-11	2011-12-29
	100. COMPANHIA PARANAENSE DE ENERGIA COPEL SPONSORED ADR REPSTG PFD SH		2010-04-06	2011-08-30
	4. CONOCOPHILLIPS COM		2009-12-30	2011-12-29
	146. CONSTELLATION BRANDS INC CL A		2010-05-11	2011-08-30
	196. CONSTELLATION ENERGY GRP INC COM		2010-05-04	2011-02-11
	156. CORNING INC COM W/RTS EXP 07/15/2006		2010-07-12	2011-07-13
	208. CORNING INC COM W/RTS EXP 07/15/2006		2010-07-13	2011-07-13
	10. CORRECTIONS CORP OF AMERICA COM		2010-09-13	2011-05-17
	13. CORRECTIONS CORP OF AMERICA COM		2010-09-16	2011-05-18
	8. CORRECTIONS CORP OF AMERICA COM		2010-11-29	2011-12-29
	39. DBS GRP HLDGS SPONSORED ADR		2010-04-06	2011-05-05
	6. DANAHER CORP COM		2010-01-04	2011-12-29
	31. LUFTHANSA-UNSPONSORED ADR SPONSORED ADR		2010-04-06	2011-03-16
	26. LUFTHANSA-UNSPONSORED ADR SPONSORED ADR		2010-04-06	2011-03-17
	8. DRESSER-RAND GROUP INC		2010-11-24	2011-03-14
	14. DUKE ENERGY HOLDING CORP. COM		2011-09-15	2011-12-29
	7. DUN & BRADSTREET CORP COM		2010-04-08	2011-02-01
	18. DUN & BRADSTREET CORP COM		2010-04-08	2011-03-02
	12. E M C CORP MASS COM		2011-09-15	2011-12-29
	75. ENI S P A ADR		2010-04-06	2011-02-02
	6. EATON VANCE CORP COM NON VTG		2010-04-06	2011-12-29
	42. EDISON INTL COM		2010-06-04	2011-10-13
	59. EDUCATION RLTY TR INC		2010-04-22	2011-05-27
	4. ENERGIZER HLDGS INC COM		2010-04-06	2011-12-29
	2. EQUITY LIFESTYLE PPTYS INC		2010-04-22	2011-05-27
	5. EQUITY LIFESTYLE PPTYS INC		2010-11-09	2011-05-27
	4. EQUITY RESIDENTIAL PPTYS TR SH BEN INT		2011-03-28	2011-09-27
	4. EQUITY RESIDENTIAL PPTYS TR SH BEN INT		2011-03-25	2011-09-27
	7. EQUITY RESIDENTIAL PPTYS TR SH BEN INT		2011-03-28	2011-09-28
	4. ESSEX PPTY TR INC COM W/RTS ATTACHED 11/11/2008		2010-04-22	2011-01-13
	3. ESSEX PPTY TR INC COM W/RTS ATTACHED 11/11/2008		2010-04-22	2011-01-14
	3. ESSEX PPTY TR INC COM W/RTS ATTACHED 11/11/2008		2010-04-22	2011-01-18
	2. ESSEX PPTY TR INC COM W/RTS ATTACHED 11/11/2008		2010-04-22	2011-01-19
	3. ESSEX PPTY TR INC COM W/RTS ATTACHED 11/11/2008		2010-04-22	2011-02-18
	4. ESSEX PPTY TR INC COM W/RTS ATTACHED 11/11/2008		2010-04-22	2011-02-23
	3. EXXON MOBIL CORP COM		2009-12-30	2011-12-29
	360. FHLMC POOL #G02596 6.000% 1/01/37		2011-05-09	2011-06-15
	494.64 FHLMC POOL #G02596 6.000% 1/01/37		2011-05-09	2011-07-15
	152.39 FHLMC POOL #G02596 6.000% 1/01/37		2011-05-09	2011-08-15
	334.24 FHLMC POOL #G02596 6.000% 1/01/37		2011-05-09	2011-09-15
	415.66 FHLMC POOL #G02596 6.000% 1/01/37		2011-05-09	2011-10-15
	285.6 FHLMC POOL #G02596 6.000% 1/01/37		2011-05-09	2011-11-15
	386.01 FHLMC POOL #G02596 6.000% 1/01/37		2011-05-09	2011-12-15
	370.21 FHLMC POOL #G03776 6.000% 1/01/38		2010-10-20	2011-02-15
	321.62 FHLMC POOL #G03776 6.000% 1/01/38		2010-10-20	2011-03-15
	383.9 FHLMC POOL #G03776 6.000% 1/01/38		2010-10-20	2011-04-15
	10735.48 FHLMC POOL #G03776 6.000% 1/01/38		2010-10-20	2011-04-19
	961.91 FHLMC POOL #G03819 6.000% 1/01/38		2010-12-07	2011-02-15
	2028.73 FHLMC POOL #G03819 6.000% 1/01/38		2010-12-07	2011-03-15
	1582.93 FHLMC POOL #G03819 6.000% 1/01/38		2010-12-07	2011-04-15
	13216.48 FHLMC POOL #G03819 6.000% 1/01/38		2010-12-07	2011-05-06
	15529.36 FHLMC POOL #G03819 6.000% 1/01/38		2010-12-07	2011-05-09
	1160.23 FHLMC POOL #G03819 6.000% 1/01/38		2010-12-07	2011-05-15
	153.45 FHLMC POOL #G03941 6.000% 2/01/38		2010-10-13	2011-02-15
	173.24 FHLMC POOL #G03941 6.000% 2/01/38		2010-10-13	2011-03-15
	226.66 FHLMC POOL #G03941 6.000% 2/01/38		2010-10-13	2011-04-15
	615.22 FHLMC POOL #G03941 6.000% 2/01/38		2011-03-14	2011-04-15
	144.86 FHLMC POOL #G03941 6.000% 2/01/38		2010-10-13	2011-05-15
	393.19 FHLMC POOL #G03941 6.000% 2/01/38		2011-03-14	2011-05-15
	97.26 FHLMC POOL #G03941 6.000% 2/01/38		2010-10-13	2011-06-15
	264. FHLMC POOL #G03941 6.000% 2/01/38		2011-03-14	2011-06-15
	318.48 FHLMC POOL #G03941 6.000% 2/01/38		2011-03-14	2011-07-15
	117.34 FHLMC POOL #G03941 6.000% 2/01/38		2010-10-13	2011-07-15
	285.57 FHLMC POOL #G03941 6.000% 2/01/38		2011-03-14	2011-08-15
	105.21 FHLMC POOL #G03941 6.000% 2/01/38		2010-10-13	2011-08-15
	394.69 FHLMC POOL #G03941 6.000% 2/01/38		2011-03-14	2011-09-15
	102.88 FHLMC POOL #G03941 6.000% 2/01/38		2010-10-13	2011-10-15
	279.24 FHLMC POOL #G03941 6.000% 2/01/38		2011-03-14	2011-10-15
	142.63 FHLMC POOL #G03941 6.000% 2/01/38		2010-10-13	2011-11-15
	387.15 FHLMC POOL #G03941 6.000% 2/01/38		2011-03-14	2011-11-15
	386.22 FHLMC POOL #G03941 6.000% 2/01/38		2011-03-14	2011-12-15
	142.29 FHLMC POOL #G03941 6.000% 2/01/38		2010-10-13	2011-12-15
	353.52 FHLMC POOL #G06085 6.500% 9/01/38		2010-12-28	2011-02-15
	296.63 FHLMC POOL #G06085 6.500% 9/01/38		2010-12-28	2011-03-15
	298.27 FHLMC POOL #G06085 6.500% 9/01/38		2010-12-28	2011-04-15
	231.75 FHLMC POOL #G06085 6.500% 9/01/38		2010-12-28	2011-05-15
	144.2 FHLMC POOL #G06085 6.500% 9/01/38		2010-12-28	2011-06-15
	263.01 FHLMC POOL #G06085 6.500% 9/01/38		2010-12-28	2011-07-15
	132.3 FHLMC POOL #G06085 6.500% 9/01/38		2010-12-28	2011-08-15
	237.19 FHLMC POOL #G06085 6.500% 9/01/38		2010-12-28	2011-09-15
	136.28 FHLMC POOL #G06085 6.500% 9/01/38		2010-12-28	2011-10-15
	294.14 FHLMC POOL #G06085 6.500% 9/01/38		2010-12-28	2011-11-15
	126.57 FHLMC POOL #G06085 6.500% 9/01/38		2010-12-28	2011-12-15
	75.42 FHLMC POOL #G08147 6.500% 8/01/36		2010-02-08	2011-02-15
	51.8 FHLMC POOL #G08147 6.500% 8/01/36		2010-02-08	2011-03-15
	82.06 FHLMC POOL #G08147 6.500% 8/01/36		2010-02-08	2011-04-15
	45.35 FHLMC POOL #G08147 6.500% 8/01/36		2010-02-08	2011-05-15
	49.71 FHLMC POOL #G08147 6.500% 8/01/36		2010-02-08	2011-06-15
	51.82 FHLMC POOL #G08147 6.500% 8/01/36		2010-02-08	2011-07-15
	41.27 FHLMC POOL #G08147 6.500% 8/01/36		2010-02-08	2011-08-15
	47.26 FHLMC POOL #G08147 6.500% 8/01/36		2010-02-08	2011-09-15
	30.08 FHLMC POOL #G08147 6.500% 8/01/36		2010-02-08	2011-10-15
	69.31 FHLMC POOL #G08147 6.500% 8/01/36		2010-02-08	2011-11-15
	34.9 FHLMC POOL #G08147 6.500% 8/01/36		2010-02-08	2011-12-15
	142.49 FHLMC POOL #A93093 4.500% 7/01/40		2010-07-12	2011-02-15
	118.34 FHLMC POOL #A93093 4.500% 7/01/40		2010-07-12	2011-03-15
	115.36 FHLMC POOL #A93093 4.500% 7/01/40		2010-07-12	2011-04-15
	121.87 FHLMC POOL #A93093 4.500% 7/01/40		2010-07-12	2011-05-15
	21816.05 FHLMC POOL #A93093 4.500% 7/01/40		2010-07-12	2011-05-23
	94.94 FHLMC POOL #A95147 4.000% 11/01/40		2011-03-29	2011-04-15
	120.86 FHLMC POOL #A95147 4.000% 11/01/40		2011-03-29	2011-05-15
	224.7 FHLMC POOL #A95147 4.000% 11/01/40		2011-03-29	2011-06-15
	37034.44 FHLMC POOL #A95147 4.000% 11/01/40		2011-03-29	2011-07-13
	301.37 FHLMC POOL #A95147 4.000% 11/01/40		2011-03-29	2011-07-15
	6822.13 FHLMC POOL #A95147 4.000% 11/01/40		2011-03-29	2011-07-19
	3. FEDERAL RLTY INVT TR SH BEN INT NEW W/RIGHTS ATTACHED EXP		2010-04-22	2011-02-22
	9. FEDERAL RLTY INVT TR SH BEN INT NEW W/RIGHTS ATTACHED EXP		2010-04-22	2011-04-28
	12. FEDERAL RLTY INVT TR SH BEN INT NEW W/RIGHTS ATTACHED EXP		2010-04-22	2011-04-29
	5. FEDERAL RLTY INVT TR SH BEN INT NEW W/RIGHTS ATTACHED EXP		2010-04-22	2011-05-05
	2. FEDERAL RLTY INVT TR SH BEN INT NEW W/RIGHTS ATTACHED EXP		2010-07-22	2011-05-09
	3. FEDERAL RLTY INVT TR SH BEN INT NEW W/RIGHTS ATTACHED EXP		2010-04-22	2011-05-09
	97.37 FNMA POOL #AH5575 4.000% 2/01/41		2011-07-26	2011-08-25
	130.87 FNMA POOL #AH5575 4.000% 2/01/41		2011-07-26	2011-09-25
	166.62 FNMA POOL #AH5575 4.000% 2/01/41		2011-07-26	2011-10-25
	298.83 FNMA POOL #AH5575 4.000% 2/01/41		2011-07-26	2011-11-25
	331.67 FNMA POOL #AH5575 4.000% 2/01/41		2011-07-26	2011-12-25
	63.06 FNMA POOL #AH6582 4.000% 3/01/41		2011-04-26	2011-05-25
	134.15 FNMA POOL #AH6582 4.000% 3/01/41		2011-04-26	2011-06-25
	36375.1 FNMA POOL #AH6582 4.000% 3/01/41		2011-04-26	2011-07-19
	243.23 FNMA POOL #AH6582 4.000% 3/01/41		2011-04-26	2011-07-25
	177.68 FNMA POOL #AI6111 4.000% 6/01/26		2011-08-09	2011-09-25
	508.02 FNMA POOL #AI6111 4.000% 6/01/26		2011-08-09	2011-10-25
	15300.85 FNMA POOL #AI6111 4.000% 6/01/26		2011-08-09	2011-11-08
	853.23 FNMA POOL #AI6111 4.000% 6/01/26		2011-08-09	2011-11-25
	25.72 FNMA POOL #AI7919 4.000% 8/01/41		2011-08-29	2011-09-25
	118.17 FNMA POOL #AI7919 4.000% 8/01/41		2011-08-29	2011-10-25
	724.14 FNMA POOL #AI7919 4.000% 8/01/41		2011-08-29	2011-11-25
	15299.51 FNMA POOL #AI7919 4.000% 8/01/41		2011-08-29	2011-12-08
	781.65 FNMA POOL #AI7919 4.000% 8/01/41		2011-08-29	2011-12-25
	20.4 FNMA POOL #AI8505 3.500% 8/01/26		2011-08-11	2011-09-25
	19.7 FNMA POOL #AI8505 3.500% 8/01/26		2011-08-11	2011-10-25
	19.37 FNMA POOL #AI8505 3.500% 8/01/26		2011-08-11	2011-11-25
	19.21 FNMA POOL #AI8505 3.500% 8/01/26		2011-08-11	2011-12-25
	167.59 FNMA POOL #AJ1759 3.500% 9/01/26		2011-09-27	2011-10-25
	217.79 FNMA POOL #AJ1759 3.500% 9/01/26		2011-09-27	2011-11-25
	227.72 FNMA POOL #AJ1759 3.500% 9/01/26		2011-09-27	2011-12-25
	994.97 FNMA POOL #AL0095 6.000% 7/01/38		2011-03-17	2011-04-25
	1040. FNMA POOL #AL0095 6.000% 7/01/38		2011-03-17	2011-05-25
	871.17 FNMA POOL #AL0095 6.000% 7/01/38		2011-03-17	2011-06-25
	605.31 FNMA POOL #AL0095 6.000% 7/01/38		2011-03-17	2011-07-25
	796.99 FNMA POOL #AL0095 6.000% 7/01/38		2011-03-17	2011-08-25
	15719.06 FNMA POOL #AL0095 6.000% 7/01/38		2011-03-17	2011-08-29
	365.57 FNMA POOL #AL0095 6.000% 7/01/38		2011-03-17	2011-09-25
	380.58 FNMA POOL #AL0095 6.000% 7/01/38		2011-03-17	2011-10-25
	314.03 FNMA POOL #AL0095 6.000% 7/01/38		2011-03-17	2011-11-25
	279.52 FNMA POOL #AL0095 6.000% 7/01/38		2011-03-17	2011-12-25
	220.9 FNMA POOL #735439 6.000% 9/01/19		2011-08-23	2011-09-25
	199.69 FNMA POOL #735439 6.000% 9/01/19		2011-08-23	2011-10-25
	195.82 FNMA POOL #735439 6.000% 9/01/19		2011-08-23	2011-11-25
	198.37 FNMA POOL #735439 6.000% 9/01/19		2011-08-23	2011-12-25
	334.99 FNMA POOL #735930 5.500% 12/01/18		2011-08-23	2011-09-25
	323.13 FNMA POOL #735930 5.500% 12/01/18		2011-08-23	2011-10-25
	325.73 FNMA POOL #735930 5.500% 12/01/18		2011-08-23	2011-11-25
	290.96 FNMA POOL #735930 5.500% 12/01/18		2011-08-23	2011-12-25
	206.93 FNMA POOL #745238 6.000% 12/01/20		2011-08-22	2011-09-25
	213.48 FNMA POOL #745238 6.000% 12/01/20		2011-08-22	2011-10-25
	191.2 FNMA POOL #745238 6.000% 12/01/20		2011-08-22	2011-11-25
	218.79 FNMA POOL #745238 6.000% 12/01/20		2011-08-22	2011-12-25
	80.84 FNMA POOL #745932 6.500% 11/01/36		2011-05-10	2011-06-25
	61.52 FNMA POOL #745932 6.500% 11/01/36		2011-05-10	2011-07-25
	64.16 FNMA POOL #745932 6.500% 11/01/36		2011-05-10	2011-08-25
	68.09 FNMA POOL #745932 6.500% 11/01/36		2011-05-10	2011-09-25
	55.6 FNMA POOL #745932 6.500% 11/01/36		2011-05-10	2011-10-25
	64.53 FNMA POOL #745932 6.500% 11/01/36		2011-05-10	2011-11-25
	56.82 FNMA POOL #745932 6.500% 11/01/36		2011-05-10	2011-12-25
	88.41 FNMA POOL #888745 6.500% 10/01/37		2011-03-09	2011-04-25
	2653.11 FNMA POOL #888745 6.500% 10/01/37		2011-03-09	2011-05-10
	74.64 FNMA POOL #888745 6.500% 10/01/37		2011-03-09	2011-05-25
	190.72 FNMA POOL #889409 6.000% 5/01/38		2010-11-12	2011-02-25
	125.73 FNMA POOL #889409 6.000% 5/01/38		2010-11-12	2011-03-25
	6278.47 FNMA POOL #889409 6.000% 5/01/38		2010-11-12	2011-03-29
	803.03 FNMA POOL #890277 6.000% 9/01/39		1950-01-01	2011-04-25
	561.49927 FNMA POOL #890277 6.000% 9/01/39		1950-01-01	2011-05-25
	744.22073 FNMA POOL #890277 6.000% 9/01/39		1950-01-01	2011-05-25
	1304.24 FNMA POOL #890277 6.000% 9/01/39		2011-05-06	2011-06-25
	1422.86 FNMA POOL #890277 6.000% 9/01/39		2011-05-06	2011-07-25
	12353.59 FNMA POOL #890277 6.000% 9/01/39		2011-03-29	2011-08-22
	11471.19 FNMA POOL #890277 6.000% 9/01/39		2011-03-29	2011-08-23
	1603.09 FNMA POOL #890277 6.000% 9/01/39		2011-05-06	2011-08-25
	15883.18 FNMA POOL #890277 6.000% 9/01/39		2011-05-06	2011-08-25
	18965.5 FNMA POOL #890277 6.000% 9/01/39		2011-03-29	2011-09-22
	467.61 FNMA POOL #890277 6.000% 9/01/39		2011-03-29	2011-09-25
	23.87 FNMA POOL #890277 6.000% 9/01/39		2011-03-29	2011-10-25
	23.04 FNMA POOL #890277 6.000% 9/01/39		2011-03-29	2011-11-25
	20.3 FNMA POOL #890277 6.000% 9/01/39		2011-03-29	2011-12-25
	710.31 FNMA POOL #890326 5.500% 1/01/40		2011-07-13	2011-08-25
	778.06 FNMA POOL #890326 5.500% 1/01/40		2011-07-13	2011-09-25
	17234.55 FNMA POOL #890326 5.500% 1/01/40		2011-07-13	2011-09-27
	412.15 FNMA POOL #890326 5.500% 1/01/40		2011-07-13	2011-10-25
	370.05 FNMA POOL #890326 5.500% 1/01/40		2011-07-13	2011-11-25
	465.46 FNMA POOL #890326 5.500% 1/01/40		2011-07-13	2011-12-25
	539.07 FNMA POOL #929018 6.000% 12/01/37		2010-11-05	2011-02-25
	14751.28 FNMA POOL #929018 6.000% 12/01/37		2010-11-05	2011-03-17
	184.43 FNMA POOL #929018 6.000% 12/01/37		2010-11-05	2011-03-25
	482.18 FNMA POOL #946624 6.000% 9/01/37		2010-10-08	2011-02-25
	12921.92 FNMA POOL #946624 6.000% 9/01/37		2010-10-08	2011-03-17
	256.61 FNMA POOL #946624 6.000% 9/01/37		2010-10-08	2011-03-25
	444.04 FNMA POOL #946811 6.000% 9/01/37		2010-10-07	2011-02-25
	664.31 FNMA POOL #946811 6.000% 9/01/37		2010-10-07	2011-03-25
	13460.71 FNMA POOL #946811 6.000% 9/01/37		2010-10-07	2011-03-29
	165.26 FNMA POOL #947052 6.000% 10/01/37		2010-10-07	2011-02-25
	6101.15 FNMA POOL #947052 6.000% 10/01/37		2010-10-07	2011-03-17
	156.07 FNMA POOL #947052 6.000% 10/01/37		2010-10-07	2011-03-25
	60.38 FNMA POOL #AB1796 3.500% 11/01/40		2011-08-25	2011-09-25
	53.79 FNMA POOL #AB1796 3.500% 11/01/40		2011-08-25	2011-10-25
	16194.91 FNMA POOL #AB1796 3.500% 11/01/40		2011-08-25	2011-11-21
	182.28 FNMA POOL #AB1796 3.500% 11/01/40		2011-08-25	2011-11-25
	14709.49 FNMA POOL #AB1806 4.000% 11/01/40		2011-03-14	2011-03-29
	57.2 FNMA POOL #AB2075 3.500% 1/01/41		2011-09-22	2011-10-25
	49.2 FNMA POOL #AB2075 3.500% 1/01/41		2011-09-22	2011-11-25
	8629.2 FNMA POOL #AB2075 3.500% 1/01/41		2011-09-22	2011-12-08
	90.81 FNMA POOL #AB2075 3.500% 1/01/41		2011-09-22	2011-12-25
	16412.86 FNMA POOL #AB3010 4.000% 5/01/26		2011-07-26	2011-08-09
	263.37 FNMA POOL #AB3010 4.000% 5/01/26		2011-07-26	2011-08-25
	60.97 FNMA POOL #AB3026 4.000% 5/01/41		2011-05-23	2011-06-25
	24858.96 FNMA POOL #AB3026 4.000% 5/01/41		2011-05-23	2011-07-19
	44.33 FNMA POOL #AB3026 4.000% 5/01/41		2011-05-23	2011-07-25
	77.5 FNMA POOL #AB3900 3.000% 11/01/26		2011-11-08	2011-12-25
	507.85 FNMA POOL #AE0083 6.000% 1/01/40		2011-01-25	2011-02-25
	450.8 FNMA POOL #AE0083 6.000% 1/01/40		2011-01-25	2011-03-25
	15387.44 FNMA POOL #AE0083 6.000% 1/01/40		2011-01-25	2011-04-19
	498.01 FNMA POOL #AE0083 6.000% 1/01/40		2011-01-25	2011-04-25
	59.56 FNMA POOL #AE0493 6.500% 10/01/40		2010-11-19	2011-02-25
	51.24 FNMA POOL #AE0493 6.500% 10/01/40		2010-11-19	2011-03-25
	57.48 FNMA POOL #AE0493 6.500% 10/01/40		2010-11-19	2011-04-25
	35.41 FNMA POOL #AE0493 6.500% 10/01/40		2010-11-19	2011-05-25
	31.09 FNMA POOL #AE0493 6.500% 10/01/40		2010-11-19	2011-06-25
	48.35 FNMA POOL #AE0493 6.500% 10/01/40		2010-11-19	2011-07-25
	60.16 FNMA POOL #AE0493 6.500% 10/01/40		2010-11-19	2011-08-25
	1426.68 FNMA POOL #AE0493 6.500% 10/01/40		2010-11-19	2011-09-09
	36.07 FNMA POOL #AE0493 6.500% 10/01/40		2010-11-19	2011-09-25
	60.45 FNMA POOL #AE0937 3.500% 2/01/41		2010-09-22	2011-08-25
	1939.86 FNMA POOL #AE0937 3.500% 2/01/41		2011-09-22	2011-11-21
	87.16 FNMA POOL #AE0937 3.500% 2/01/41		2011-09-22	2011-11-25
	88.69 FNMA POOL #AE0937 3.500% 2/01/41		2011-09-22	2011-12-25
	67.29 FNMA POOL #AE8070 4.000% 12/01/40		2010-12-07	2011-02-25
	99.49 FNMA POOL #AE8070 4.000% 12/01/40		2010-12-07	2011-03-25
	28689.35 FNMA POOL #AE8070 4.000% 12/01/40		2010-12-07	2011-03-29
	10.7 FNMA POOL #AE9719 4.500% 12/01/40		2010-12-07	2011-02-25
	12.68 FNMA POOL #AE9719 4.500% 12/01/40		2010-12-07	2011-03-25
	29.78 FNMA POOL #AE9719 4.500% 12/01/40		2010-12-07	2011-04-25
	5888.76 FNMA POOL #AE9719 4.500% 12/01/40		2010-12-07	2011-05-23
	27.19 FNMA POOL #AE9719 4.500% 12/01/40		2010-12-07	2011-05-25
	113.9 FNMA POOL #AE9758 4.000% 12/01/40		2010-12-16	2011-02-25
	117.86 FNMA POOL #AE9758 4.000% 12/01/40		2010-12-16	2011-03-25
	110.99 FNMA POOL #AE9758 4.000% 12/01/40		2010-12-16	2011-04-25
	32542.21 FNMA POOL #AE9758 4.000% 12/01/40		2010-12-16	2011-04-26
	23. FIFTH THIRD BANCORP COM		2011-11-07	2011-12-29
	32. FOMENTO ECONOMICO MEXICANO SP ADR COM		2010-04-06	2011-08-25
	12. FOMENTO ECONOMICO MEXICANO SP ADR COM		2010-04-06	2011-12-20
	12. FOOT LOCKER INC COM		2011-09-15	2011-12-29
	46. FORCE PROTECTION INC		2010-04-06	2011-02-08
	128. FORCE PROTECTION INC		2010-04-06	2011-03-03
	394. FORCE PROTECTION INC		2010-04-06	2011-03-29
	461. FORD MTR CO DEL COM		2010-07-12	2011-09-15
	205. FOREST LABS CL A		2010-11-04	2011-09-15
	40. FUJI HEAVY INDS LTD ADR		2011-03-16	2011-09-15
	375. GAP INC COM		2009-12-30	2011-11-07
	17. GENERAL ELEC CO COM		2010-05-25	2011-12-29
	.7187 GENERAL GROWTH PROPERTIE-W/I		2011-01-27	2011-01-31
	16. GENERAL GROWTH PROPERTIE-W/I		2010-11-18	2011-02-03
	16. GENERAL GROWTH PROPERTIE-W/I		2010-11-18	2011-03-24
	20. GENERAL GROWTH PROPERTIE-W/I		2011-07-28	2011-11-18
	41. GENERAL GROWTH PROPERTIE-W/I		2011-07-28	2011-12-13
	35. GENUINE PARTS CO COM W/RIGHTS ATTACHED EXP 11/15/2009		2010-04-08	2011-06-24
	33. GENZYME CORP COM -GEN DIV			2011-04-14
	33. GENZYME CORP COM -GEN DIV			2011-04-14
	53. HALLIBURTON CO COM W/RIGHTS EXP 12/15/2005		2010-11-04	2011-05-23
	7. HALLIBURTON CO COM W/RIGHTS EXP 12/15/2005		2010-11-04	2011-12-29
	22. HASBRO INC COM		2010-04-06	2011-08-11
	4. HEALTH CARE REIT INC COM		2010-04-22	2011-03-18
	11. HEALTH CARE REIT INC COM		2010-04-22	2011-03-24
	16. HEALTH CARE REIT INC COM		2010-04-22	2011-03-28
	138. HEWLETT-PACKARD CO COM		2009-12-30	2011-09-15
	63. HOLOGIC INC		2010-04-13	2011-02-09
	38. HOLOGIC INC		2010-04-08	2011-03-14
	31.0024 HOLOGIC INC		2010-04-08	2011-08-09
	27.9976 HOLOGIC INC		2010-04-08	2011-08-09
	351. HOLOGIC INC		2011-07-13	2011-11-07
	9. HOME DEPOT INC COM		2009-12-30	2011-12-29
	3. HOME PPTYS NY INC COM		2010-04-22	2011-03-24
	5. HOME PPTYS NY INC COM		2010-04-22	2011-04-27
	5. HOME PPTYS NY INC COM		2010-04-22	2011-04-29
	3. HOME PPTYS NY INC COM		2010-04-22	2011-05-09
	5. HOME PPTYS NY INC COM		2010-04-22	2011-08-23
	38. HUTCHISON WHAMPOA LTD ADR		2010-04-06	2011-01-21
	45. HUTCHISON WHAMPOA LTD ADR		2010-04-06	2011-02-24
	34. IAC/INTERACTIVECORP		2010-08-26	2011-05-23
	52. IAC/INTERACTIVECORP		2010-08-26	2011-09-15
	7. IAC/INTERACTIVECORP		2010-08-26	2011-12-29
	7.99954 ITT INDS INC COM		2010-04-15	2011-08-09
	7.00046 ITT INDS INC COM		2010-04-15	2011-08-09
	13. INTEL CORP COM		2009-12-30	2011-12-29
	7. INTL BUSINESS MACHINES CORP COM		2009-12-30	2011-05-23
	2. INTL BUSINESS MACHINES CORP COM		2009-12-30	2011-12-29
	8. INTL FLAVORS & FRAGRANCES INC COM		2010-04-08	2011-01-10
	146. INTL FLAVORS & FRAGRANCES INC COM		2010-04-16	2011-04-20
	30. INTL FLAVORS & FRAGRANCES INC COM		2010-04-08	2011-09-26
	7. JP MORGAN CHASE & CO COM		2009-12-30	2011-12-29
	4. JOHNSON & JOHNSON COM		2009-12-30	2011-12-29
	6. KAMAN CORP CL A		2011-07-07	2011-12-29
	70. KDDI CORP-UNSPONSORED ADR		2010-04-06	2011-05-06
	.0262 KINDER MORGAN MANAGEMENT LLC COM		2010-04-06	2011-02-15
	.0261 KINDER MORGAN MANAGEMENT LLC COM		2010-04-06	2011-05-16
	.0916 KINDER MORGAN MANAGEMENT LLC COM		2010-04-06	2011-08-15
	.0899 KINDER MORGAN MANAGEMENT LLC COM		2010-04-06	2011-11-15
	6. KINDER MORGAN MANAGEMENT LLC COM		2010-04-06	2011-12-29
	45. KROGER CO COM		2010-04-08	2011-03-15
	17. KROGER CO COM		2010-04-08	2011-07-29
	8. KROGER CO COM		2010-04-08	2011-10-12
	60. KROGER CO COM		2010-06-04	2011-11-08
	8. LABORATORY CORP AMER HLDGS COM NEW		2010-04-08	2011-05-06
	18. LABORATORY CORP AMER HLDGS COM NEW		2010-04-08	2011-09-23
	92. LAFARGE - ADR		2010-04-06	2011-08-01
	39. LAFARGE - ADR		2010-08-11	2011-08-02
	53. LAFARGE - ADR		2010-04-06	2011-08-02
	50. LEGG MASON INC COM		2010-04-08	2011-07-29
	10. MBIA INC COM		2010-09-16	2011-12-29
	14. MARSH & MCLENNAN COS INC COM		2010-04-08	2011-01-10
	13. MARSH & MCLENNAN COS INC COM		2010-04-08	2011-10-12
	49. MARSH & MCLENNAN COS INC COM		2010-04-08	2011-11-01
	15. MARRIOTT INTL INC NEW CL A		2010-04-22	2011-08-04
	11. MARRIOTT INTL INC NEW CL A		2011-03-17	2011-08-04
	19. MCKESSON HBOC INC COM		2009-12-30	2011-05-23
	8. MCKESSON HBOC INC COM		2009-12-30	2011-11-07
	3. MCKESSON HBOC INC COM		2009-12-30	2011-12-29
	114. MEDCO HEALTH SOLUTIONS INC		2010-07-12	2011-07-13
	90. MEDIASET S P A ADR		2010-04-06	2011-02-02
	70. MEDIASET S P A ADR		2010-04-06	2011-02-03
	7. METLIFE INC COM		2011-05-27	2011-12-29
	11. MICROSOFT CORP COM		2009-12-30	2011-12-29
	4. MID-AMER APT CMNTYS INC COM		2010-04-22	2011-04-28
	3. MID-AMER APT CMNTYS INC COM		2010-04-22	2011-04-29
	3. MID-AMER APT CMNTYS INC COM		2010-04-22	2011-05-05
	5. MID-AMER APT CMNTYS INC COM		2010-04-22	2011-11-18
	3. MID-AMER APT CMNTYS INC COM		2010-04-22	2011-11-23
	.4285 MOTOROLA SOLUTIONS, INC.		2010-04-08	2011-01-11
	13. MOTOROLA SOLUTIONS, INC.		2010-04-08	2011-03-15
	21. MOTOROLA SOLUTIONS, INC.		2010-04-08	2011-05-13
	7. MOTOROLA SOLUTIONS, INC.		2010-04-08	2011-06-22
	37. MOTOROLA SOLUTIONS, INC.		2010-04-08	2011-08-09
	.625 MOTOROLA MOBILITY HOLDINGS INC		2010-04-08	2011-01-07
	68. MOTOROLA MOBILITY HOLDINGS INC		2010-04-08	2011-08-15
	64. MOTOROLA MOBILITY HOLDINGS INC		2011-07-29	2011-08-15
	36. MOTOROLA MOBILITY HOLDINGS INC		2011-08-02	2011-08-19
	10. NATIONAL AUSTRALIA BK SPONSORED ADR		2010-04-06	2011-06-28
	4. NATIONAL OILWELL INC COM		2011-03-08	2011-12-29
	100. NETEASE COM INC SPONSORED ADR		2010-04-14	2011-07-26
	7. NEWMARKET CORP		2010-09-16	2011-12-29
	85. NIKE INC CL B COM		2009-12-30	2011-02-11
	5. NOVARTIS AG SPONSORED ADR		2010-04-06	2011-06-28
	3. OCCIDENTAL PETE CORP COM		2009-12-30	2011-12-29
	18. ONEOK INC NEW COM		2011-02-11	2011-05-23
	110. ONEOK INC NEW COM		2011-02-11	2011-05-27
	10. ORACLE CORP COM		2010-07-12	2011-12-29
	31. OWENS & MINOR INC NEW COM		2010-04-06	2011-08-30
	144. PNC FINL SVCS GROUP INC COM W/RIGHTS ATTACHED EXP 5/25/2010		2010-04-16	2011-03-08
	7. PARKER HANNIFIN CORP COM W/RTS ATTACHED EXP 01/31/2007		2010-04-08	2011-03-01
	21. PARKER HANNIFIN CORP COM W/RTS ATTACHED EXP 01/31/2007		2010-04-08	2011-05-20
	55. PEOPLE'S UNITED FINANCIAL INC		2010-04-14	2011-10-12
	29. PEOPLE'S UNITED FINANCIAL INC		2010-04-08	2011-12-16
	61. PHARMACEUTICAL PROD DEV INC COM		2010-04-08	2011-02-23
	18. PITNEY-BOWES INC COM W/RTS ATTACHED EXP 02/20/2006		2010-04-08	2011-04-27
	64. PITNEY-BOWES INC COM W/RTS ATTACHED EXP 02/20/2006		2010-04-08	2011-05-09
	120. POSTNL. N.V. SPONSORED ADR		2010-04-06	2011-06-03
	13. PRECISION CASTPARTS CORP COM W/RIGHTS ATTACHED EXPIRING		2010-04-08	2011-03-21
	112. T ROWE PRICE GRP INC COM		2011-02-11	2011-08-25
	24. PRICESMART INC COM		2010-04-06	2011-10-11
	23. PRICESMART INC COM		2010-04-06	2011-12-29
	125. PROCTER & GAMBLE CO COM		2009-12-30	2011-04-20
	.952 PROLOGIS INC		2011-01-28	2011-06-09
	8. PROLOGIS INC		2011-01-28	2011-08-23
	8.011 PROLOGIS INC		2011-01-28	2011-08-29
	9.989 PROLOGIS INC		2011-03-28	2011-08-29
	2.064 PROLOGIS INC		2011-03-28	2011-08-30
	7.936 PROLOGIS INC		2011-02-15	2011-08-30
	9. PROLOGIS INC		2010-11-04	2011-11-18
	22. PROLOGIS INC		2010-11-10	2011-11-21
	7.082 PROLOGIS INC		2010-12-06	2011-11-23
	3.918 PROLOGIS INC		2010-11-02	2011-11-23
	15.94 PROLOGIS INC		2010-11-03	2011-11-29
	.06 PROLOGIS INC		2010-12-06	2011-11-29
	19. PROLOGIS INC		2010-10-28	2011-12-01
	4. PUBLIC STORAGE INC COM		2011-05-18	2011-08-09
	116. QLT INC COM		2010-12-21	2011-06-24
	64. QLT INC COM		2010-12-21	2011-06-28
	14. QUEST DIAGNOSTICS INC COM		2010-04-08	2011-06-22
	10. QUEST DIAGNOSTICS INC COM		2010-04-08	2011-11-01
	8. RAYMOND JAMES FINL INC COM		2011-03-08	2011-12-29
	24. REPUBLIC SVCS INC COM		2010-04-08	2011-10-13
	18. ROCKWELL COLLINS-WI COM		2011-05-20	2011-11-01
	7. ROCKWOOD HLDGS INC		2011-04-20	2011-12-29
	20. ROLLS-ROYCE PLC SPONSORED ADR		2010-04-06	2011-12-21
	22. ROSS STORES INC COM		2009-12-30	2011-05-23
	12. ROSS STORES INC COM		2009-12-30	2011-09-15
	7. ROSS STORES INC COM		2009-12-30	2011-12-29
	16. SAFEWAY INC COM NEW		2010-04-08	2011-11-01
	31. SAFEWAY INC COM NEW		2010-04-08	2011-12-16
	89. SANOFI-AVENTIS SPONSORED ADR		2011-09-08	2011-12-21
	33. SANOFI CONTINGENT VALUE RTS 12/31/20		2011-04-01	2011-04-20
	18. SCOTTS CO CL A		2011-06-24	2011-11-02
	288. SEALED AIR CORP NEW COM		2009-12-30	2011-01-18
	27. SEALED AIR CORP NEW COM		2010-04-15	2011-02-02
	57. SEALED AIR CORP NEW COM		2010-04-15	2011-05-20
	280. SECOM LTD ADR		2010-04-06	2011-06-01
	13. SIEMENS A G SPONSORED ADR		2011-06-01	2011-12-15
	6. SIGMA ALDRICH CORP COM		2010-04-08	2011-06-22
	6. SIMON PPTY GRP INC NEW COM		2010-04-22	2011-07-08
	10. SIMON PPTY GRP INC NEW COM		2010-04-22	2011-08-09
	6. SIMON PPTY GRP INC NEW COM		2010-04-22	2011-08-10
	290. SOCIETE GENERALE FRANCE SPONSORED ADR		2010-10-22	2011-09-12
	37. STAPLES INC COM W/INVISIBLE RTS TO PUR SHS UNDER CERTAIN		2011-05-19	2011-11-01
	60. STAPLES INC COM W/INVISIBLE RTS TO PUR SHS UNDER CERTAIN		2011-05-19	2011-12-16
	47. STAPLES INC COM W/INVISIBLE RTS TO PUR SHS UNDER CERTAIN		2011-07-29	2011-12-16
	125. STATOIL ASA SPONSORED ADR		2010-04-06	2011-03-30
	17. STURM RUGER & CO INC COM		2010-04-06	2011-02-08
	57. STURM RUGER & CO INC COM		2010-04-06	2011-12-29
	42. SYMANTEC CORP COM W/RTS EXP 8/12/2008		2010-04-08	2011-03-01
	48. SYMANTEC CORP COM W/RTS EXP 8/12/2008		2010-04-08	2011-04-11
	77. SYMANTEC CORP COM W/RTS EXP 8/12/2008		2010-04-08	2011-05-13
	34. SYMANTEC CORP COM W/RTS EXP 8/12/2008		2010-04-08	2011-07-29
	15. SYMANTEC CORP COM W/RTS EXP 8/12/2008		2011-05-27	2011-12-29
	67. TNT EXPRESS NV-ADR		2011-06-01	2011-07-05
	53. TNT EXPRESS NV-ADR		2011-06-01	2011-07-06
	240. TALISMAN ENERGY INC-COM		2010-04-06	2011-01-21
	5. TANGER FACTORY OUTLET CTRS INC COM W/RIGHTS ATTACHED EXP		2010-09-07	2011-02-15
	7. TANGER FACTORY OUTLET CTRS INC COM W/RIGHTS ATTACHED EXP		2010-09-07	2011-02-16
	1. TANGER FACTORY OUTLET CTRS INC COM W/RIGHTS ATTACHED EXP		2010-04-22	2011-02-16
	7. TANGER FACTORY OUTLET CTRS INC COM W/RIGHTS ATTACHED EXP		2010-04-22	2011-02-22
	11. TANGER FACTORY OUTLET CTRS INC COM W/RIGHTS ATTACHED EXP		2010-04-22	2011-03-01
	8. TANGER FACTORY OUTLET CTRS INC COM W/RIGHTS ATTACHED EXP		2010-04-22	2011-03-24
	18. TANGER FACTORY OUTLET CTRS INC COM W/RIGHTS ATTACHED EXP		2010-04-22	2011-05-09
	7. TANGER FACTORY OUTLET CTRS INC COM W/RIGHTS ATTACHED EXP		2010-04-22	2011-05-11
	6. TANGER FACTORY OUTLET CTRS INC COM W/RIGHTS ATTACHED EXP		2010-04-22	2011-06-07
	9. TANGER FACTORY OUTLET CTRS INC COM W/RIGHTS ATTACHED EXP		2010-04-22	2011-06-22
	3. TANGER FACTORY OUTLET CTRS INC COM W/RIGHTS ATTACHED EXP		2010-04-22	2011-06-23
	10. TECHNE CORP COM		2010-04-08	2011-03-21
	29. TECHNE CORP COM		2010-04-08	2011-05-24
	38. TELEFONICA S A SPONSORED ADR		2010-04-06	2011-03-04
	52. TELEFONICA S A SPONSORED ADR		2010-04-06	2011-03-09
	41. TEVA PHARMACEUTICAL INDS LTD ADR		2010-04-14	2011-10-13
	38. TEXAS INSTRS INC COM		2009-12-30	2011-05-23
	223. TEXAS INSTRS INC COM		2009-12-30	2011-09-15
	4. 3M CO COM		2009-12-30	2011-12-29
	21. TREDEGAR CORPORATION COM W/RIGHTS ATTACHED EXP 6/30/2009		2010-04-06	2011-12-29
	369. TYSON FOODS INC COM CL A		2010-07-12	2011-09-15
	13. UDR INC REITS		2010-04-06	2011-12-29
	14. UGI CORP NEW COM W/RTS ATTACHED EXP 04/29/2006		2010-04-08	2011-01-10
	3. UNION PAC CORP COM		2010-11-10	2011-12-29
	3000. UNITED STATES TREAS BDS DTD 11/17/86 7.5% 11/15/2016		2010-11-10	2011-02-09
	3000. UNITED STATES TREAS BDS DTD 11/17/86 7.5% 11/15/2016		2010-11-10	2011-03-29
	4000. UNITED STATES TREAS BDS DTD 11/17/86 7.5% 11/15/2016		2010-11-10	2011-04-26
	3000. UNITED STATES TREAS BDS DTD 8/15/93 6.25% 08/15/2023		2010-09-09	2011-01-25
	6000. UNITED STATES TREAS BDS DTD 8/15/93 6.25% 08/15/2023		2010-09-09	2011-05-06
	4000. UNITED STATES TREAS BDS DTD 8/15/93 6.25% 08/15/2023		2011-06-03	2011-08-19
	7000. UNITED STATES TREAS BDS DTD 8/15/93 6.25% 08/15/2023		2010-09-09	2011-08-19
	3000. UNITED STATES TREAS BDS DTD 8/15/93 6.25% 08/15/2023		2010-12-16	2011-08-29
	1999.61002 UNITED STATES TREAS BD DTD 11/16/98 5.25% 11/15/2028		2011-06-01	2011-06-14
	3000.38998 UNITED STATES TREAS BD DTD 11/16/98 5.25% 11/15/2028		2011-06-01	2011-06-14
	6000. UNITED STATES TREAS BD DTD 11/16/98 5.25% 11/15/2028		2011-08-10	2011-09-26
	5000. UNITED STATES TREAS BD DTD 11/16/98 5.25% 11/15/2028		2011-06-01	2011-12-15
	3000. US TREASURY BOND 4.375% 5/15/40		2010-12-02	2011-05-06
	8000. US TREASURY BOND 4.375% 5/15/40		2010-12-02	2011-06-03
	3000. US TREASURY BOND 4.375% 5/15/40		2011-08-19	2011-08-25
	2000. US TREASURY BOND 4.375% 5/15/40		2011-08-19	2011-10-07
	1000. US TREASURY BOND 4.375% 5/15/40		2011-08-19	2011-12-13
	2000. US TREASURY BOND 4.375% 5/15/40		2011-11-30	2011-12-13
	16001.04932 US TREASURY NOTE 2.750% 2/15/19		2011-07-19	2011-07-26
	17998.95068 US TREASURY NOTE 2.750% 2/15/19		2011-07-19	2011-07-26
	11000. US TREASURY NOTE 2.750% 2/15/19		2011-07-19	2011-08-10
	4000. US TREASURY NOTE 2.750% 2/15/19		2011-07-19	2011-08-11
	7000. US TREASURY NOTE 2.750% 2/15/19		2011-07-19	2011-09-15
	7000. US TREASURY NOTE 2.750% 2/15/19		2011-11-03	2011-11-08
	3000.62241 US TREASURY NOTE 2.750% 2/15/19		2011-11-21	2011-12-06
	5999.37759 US TREASURY NOTE 2.750% 2/15/19		2011-11-21	2011-12-06
	21000. US TREASURY NOTE 2.625% 2/29/16		2010-09-08	2011-01-07
	4000. US TREASURY NOTE 2.625% 2/29/16		2010-07-29	2011-02-04
	4000. US TREASURY NOTE 2.625% 2/29/16		2010-07-29	2011-02-09
	7000. US TREASURY NOTE 2.625% 2/29/16		2011-02-23	2011-03-09
	8000. US TREASURY NOTE 2.625% 2/29/16		2010-07-29	2011-03-09
	7000. US TREASURY NOTE 2.625% 2/29/16		2011-02-23	2011-03-14
	9000. US TREASURY NOTE 1.500% 7/15/12		2011-12-15	2011-12-19
	21000. US TREASURY NOTE 1.375% 9/15/12		2010-12-30	2011-03-29
	14000. US TREASURY NOTE 1.000% 8/31/11		2011-04-28	2011-05-05
	16000. US TREASURY NOTE 0.875% 2/29/12		2011-10-31	2011-12-15
	2000. US TREASURY NOTE 1.375% 3/15/13		2011-01-28	2011-02-24
	12000. US TREASURY NOTE 1.375% 3/15/13		2011-01-28	2011-03-14
	11000. US TREASURY NOTE 2.250% 3/31/16		2011-05-06	2011-06-01
	8000. US TREASURY NOTE 3.125% 5/15/21		2011-09-19	2011-10-07
	10000. US TREASURY NOTE 3.125% 5/15/21		2011-08-31	2011-10-27
	21. UNITED TECHNOLOGIES CORP COM		2009-12-30	2011-05-23
	4. UNITED TECHNOLOGIES CORP COM		2009-12-30	2011-12-29
	6. UNITEDHEALTH GRP INC COM		2011-07-13	2011-12-29
	305. UNUMPROVIDENT CORP COM		2009-12-30	2011-05-27
	50. USINAS SIDERURGICAS DE MINAS GER ADR		2010-04-06	2011-10-24
	80. VCA ANTECH INC COM		2010-11-24	2011-05-18
	4. VCA ANTECH INC COM		2010-11-24	2011-05-19
	23. VALERO ENERGY CORP NEW COM		2010-11-03	2011-01-31
	18. VALERO ENERGY CORP NEW COM		2010-11-03	2011-03-01
	9. VERIZON COMMUNICATIONS COM		2010-11-09	2011-12-29
	13. VOLKSWAGEN A G SPONSORED ADR		2011-01-21	2011-11-22
	15. VOLKSWAGEN A G SPONSORED ADR		2011-01-21	2011-11-30
	11. WABCO HOLDINGS INC		2011-01-18	2011-05-23
	5. WABCO HOLDINGS INC		2011-01-18	2011-12-29
	5. WAL MART STORES INC COM		2010-06-23	2011-12-29
	8. WATERS CORP COM		2010-04-08	2011-03-01
	7. WATERS CORP COM		2010-04-08	2011-05-06
	16. WATERS CORP COM		2010-04-08	2011-05-23
	4. WESCO FINL CORP COM		2010-04-06	2011-05-05
	20. WILLIAMS COS INC COM W/RTS ATTACHED		2010-04-08	2011-03-01
	9. WILLIAMS COS INC COM W/RTS ATTACHED		2010-04-08	2011-04-07
	13. WILLIAMS COS INC COM W/RTS ATTACHED		2010-04-08	2011-05-09
	56. WILLIAMS COS INC COM W/RTS ATTACHED		2010-04-08	2011-05-20
	10. WISCONSIN ENERGY CORP COM		2010-04-08	2011-01-07
	12. WISCONSIN ENERGY CORP COM		2010-04-08	2011-05-06
	46. WISCONSIN ENERGY CORP COM		2010-04-08	2011-10-13
	11. ZIMMER HLDGS INC COM		2010-04-08	2011-03-03
	11. ZIMMER HLDGS INC COM		2010-04-08	2011-04-07
	19. ZIMMER HLDGS INC COM		2010-11-08	2011-05-20
	8. ZIMMER HLDGS INC COM		2010-04-08	2011-05-20
	5. COVIDIEN PLC		2011-09-15	2011-12-29
	5. HERBALIFE LTD		2011-09-15	2011-12-29
	94. PARTNERRE LTD COM		2010-01-15	2011-05-27
	28. ACE LIMITED		2009-12-30	2011-11-07
	4. ACE LIMITED		2009-12-30	2011-12-29
	10. TYCO INTERNATIONAL LTD NEW		2010-04-08	2011-02-01
	31. TYCO INTERNATIONAL LTD NEW		2009-12-30	2011-05-23
	34. TYCO INTERNATIONAL LTD NEW		2010-04-08	2011-10-13
	6. TYCO INTERNATIONAL LTD NEW		2009-12-30	2011-12-29
	212. TYCO ELECTRONICS LTD F		2010-02-09	2011-03-08
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	11	26	-15
b	1,618	2,914	-1,296
c	474	437	37
d	448	336	112
e	208	296	-88
	2,083	1,698	385
	567	347	220
	850	704	146
	221	173	48
	410	369	41
	410	358	52
	222	210	12
	202	210	-8
	69	70	-1
	47	41	6
	313	309	4
	194	185	9
	162	154	8
	131	116	15
	33	31	2
	225	202	23
	195	173	22
	295	260	35
	226	202	24
	173	145	28
	676	416	260
	253	189	64
	257	230	27
	161	162	-1
	586	586
	196	246	-50
	65	82	-17
	135	163	-28
	112	134	-22
	3,145	2,087	1,058
	404	261	143
	1,734	1,495	239
	3,415	3,333	82
	5,179	7,448	-2,269
	753	681	72
	792	1,239	-447
	1,715	3,231	-1,516
	828	945	-117
	2,619	2,991	-372
	1,897	1,572	325
	1,366	936	430
	3,149	2,437	712
	623	564	59
	480	359	121
	1,533	1,127	406
	1,439	2,499	-1,060
	10	11	-1
	3,106	5,115	-2,009
	75	111	-36
	258	264	-6
	926	1,792	-866
	956	1,719	-763
	811	1,101	-290
	1,783	1,369	414
	500	252	248
	500	274	226
	307	151	156
	1,510	738	772
	366	310	56
	477	388	89
	350	256	94
	815	764	51
	326	296	30
	234	287	-53
	180	185	-5
	368	253	115
	459	329	130
	48	34	14
	865	709	156
	354	202	152
	395	782	-387
	1,085	2,455	-1,370
	791	640	151
	284	249	35
	1,594	1,175	419
	1,074	728	346
	524	395	129
	1,434	1,235	199
	269	256	13
	1,595	1,605	-10
	1,923	1,469	454
	320	232	88
	7,981	6,470	1,511
	218	290	-72
	7,806	7,034	772
	308	312	-4
	2,142	2,109	33
	290	203	87
	2,890	2,601	289
	6,173	7,054	-881
	2,665	2,702	-37
	3,554	3,665	-111
	241	230	11
	310	294	16
	165	196	-31
	1,856	1,649	207
	284	273	11
	593	534	59
	497	448	49
	402	311	91
	308	271	37
	601	518	83
	1,429	1,333	96
	258	271	-13
	3,726	3,541	185
	141	204	-63
	1,595	1,356	239
	494	398	96
	310	248	62
	116	112	4
	291	294	-3
	215	218	-3
	215	219	-4
	373	379	-6
	455	405	50
	340	303	37
	342	303	39
	226	202	24
	352	303	49
	470	405	65
	254	206	48
	360	395	-35
	495	543	-48
	152	167	-15
	334	367	-33
	416	456	-40
	286	314	-28
	386	424	-38
	370	402	-32
	322	349	-27
	384	417	-33
	11,718	11,651	67
	962	1,127	-165
	2,029	2,203	-174
	1,583	1,719	-136
	14,456	14,352	104
	17,024	16,864	160
	1,160	1,260	-100
	153	166	-13
	173	188	-15
	227	246	-19
	615	673	-58
	145	157	-12
	393	430	-37
	97	105	-8
	264	289	-25
	318	348	-30
	117	127	-10
	286	312	-26
	105	114	-9
	395	431	-36
	103	111	-8
	279	305	-26
	143	155	-12
	387	423	-36
	386	422	-36
	142	154	-12
	354	428	-74
	297	329	-32
	298	331	-33
	232	257	-25
	144	160	-16
	263	292	-29
	132	147	-15
	237	263	-26
	136	151	-15
	294	327	-33
	127	141	-14
	75	82	-7
	52	56	-4
	82	89	-7
	45	49	-4
	50	54	-4
	52	56	-4
	41	45	-4
	47	51	-4
	30	33	-3
	69	75	-6
	35	38	-3
	142	149	-7
	118	123	-5
	115	120	-5
	122	127	-5
	22,621	22,736	-115
	95	93	2
	121	119	2
	225	221	4
	37,353	36,366	987
	301	296	5
	6,883	6,699	184
	245	229	16
	787	687	100
	1,046	916	130
	434	382	52
	174	150	24
	262	229	33
	97	98	-1
	131	132	-1
	167	168	-1
	299	301	-2
	332	334	-2
	63	63
	134	133	1
	36,700	36,085	615
	243	241	2
	178	187	-9
	508	535	-27
	16,081	16,107	-26
	853	898	-45
	26	27	-1
	118	123	-5
	724	751	-27
	16,036	15,865	171
	782	811	-29
	20	21	-1
	20	21	-1
	19	20	-1
	19	20	-1
	168	176	-8
	218	228	-10
	228	239	-11
	995	1,086	-91
	1,040	1,136	-96
	871	951	-80
	605	661	-56
	797	870	-73
	17,318	17,163	155
	366	399	-33
	381	416	-35
	314	343	-29
	280	305	-25
	221	242	-21
	200	219	-19
	196	215	-19
	198	218	-20
	335	366	-31
	323	353	-30
	326	355	-29
	291	317	-26
	207	227	-20
	213	234	-21
	191	210	-19
	219	240	-21
	81	91	-10
	62	69	-7
	64	72	-8
	68	77	-9
	56	63	-7
	65	73	-8
	57	64	-7
	88	99	-11
	2,991	2,976	15
	75	84	-9
	191	208	-17
	126	137	-11
	6,818	6,845	-27
	803	873	-70
	561	612	-51
	744	812	-68
	1,304	1,424	-120
	1,423	1,554	-131
	13,693	13,475	218
	12,686	12,513	173
	1,603	1,752	-149
	17,425	17,393	32
	20,868	20,687	181
	468	510	-42
	24	26	-2
	23	25	-2
	20	22	-2
	710	772	-62
	778	845	-67
	18,678	18,722	-44
	412	448	-36
	370	402	-32
	465	506	-41
	539	589	-50
	16,102	16,120	-18
	184	202	-18
	482	522	-40
	14,105	14,002	103
	257	278	-21
	444	480	-36
	664	719	-55
	14,617	14,561	56
	165	179	-14
	6,660	6,596	64
	156	169	-13
	60	61	-1
	54	54
	16,521	16,325	196
	182	184	-2
	14,447	14,506	-59
	57	59	-2
	49	51	-2
	8,829	8,950	-121
	91	94	-3
	17,244	17,205	39
	263	276	-13
	61	61
	25,081	24,958	123
	44	45	-1
	78	80	-2
	508	555	-47
	451	492	-41
	16,818	16,810	8
	498	544	-46
	60	66	-6
	51	57	-6
	57	64	-7
	35	39	-4
	31	35	-4
	48	54	-6
	60	67	-7
	1,587	1,585	2
	36	40	-4
	60	63	-3
	1,979	2,012	-33
	87	90	-3
	89	92	-3
	67	68	-1
	99	100	-1
	28,178	28,940	-762
	11	11
	13	13
	30	31	-1
	6,111	6,099	12
	27	28	-1
	114	112	2
	118	116	2
	111	109	2
	32,278	32,028	250
	293	281	12
	2,122	1,551	571
	805	582	223
	286	260	26
	252	280	-28
	633	780	-147
	1,943	2,399	-456
	4,858	5,082	-224
	6,761	6,969	-208
	2,293	2,797	-504
	7,446	7,954	-508
	307	263	44
	11	10	1
	236	236
	243	236	7
	272	339	-67
	583	695	-112
	1,825	1,497	328
		51	-51
		784	-784
	2,441	1,740	701
	236	230	6
	800	848	-48
	206	178	28
	553	488	65
	824	710	114
	3,198	7,280	-4,082
	1,236	1,110	126
	800	665	135
	481	542	-61
	434	490	-56
	5,666	7,185	-1,519
	375	262	113
	167	146	21
	309	243	66
	313	243	70
	185	146	39
	312	225	87
	2,256	1,418	838
	2,556	1,679	877
	1,205	841	364
	2,161	1,286	875
	297	173	124
	379	451	-72
	331	392	-61
	319	266	53
	1,177	924	253
	371	264	107
	447	390	57
	9,164	7,408	1,756
	1,712	1,461	251
	234	291	-57
	263	260	3
	164	224	-60
	4,757	3,606	1,151
	2	1	1
	2	1	1
	5	5
	6	5	1
	470	316	154
	1,069	1,002	67
	426	379	47
	181	178	3
	1,393	1,275	118
	780	611	169
	1,418	1,374	44
	1,178	1,675	-497
	480	490	-10
	652	965	-313
	1,479	1,545	-66
	115	113	2
	375	340	35
	359	316	43
	1,473	1,190	283
	450	548	-98
	330	423	-93
	1,586	1,203	383
	650	507	143
	233	190	43
	6,272	6,496	-224
	1,769	2,345	-576
	1,359	1,824	-465
	220	307	-87
	285	342	-57
	269	212	57
	199	159	40
	199	159	40
	289	260	29
	167	156	11
	17	13	4
	522	384	138
	979	621	358
	323	207	116
	1,478	1,093	385
	21	15	6
	2,594	1,680	914
	2,441	1,495	946
	1,363	789	574
	263	259	4
	271	318	-47
	5,108	3,639	1,469
	1,387	755	632
	7,345	5,615	1,730
	300	262	38
	279	246	33
	1,259	1,085	174
	7,707	6,628	1,079
	258	233	25
	900	981	-81
	9,069	9,014	55
	612	471	141
	1,827	1,412	415
	672	912	-240
	364	476	-112
	1,669	1,423	246
	469	442	27
	1,575	1,571	4
	1,177	3,517	-2,340
	1,860	1,622	238
	5,617	7,721	-2,104
	1,740	573	1,167
	1,620	549	1,071
	7,971	7,703	268
	31	33	-2
	207	279	-72
	210	280	-70
	262	346	-84
	54	71	-17
	207	271	-64
	247	281	-34
	578	679	-101
	177	214	-37
	98	120	-22
	416	480	-64
	2	2
	521	568	-47
	426	459	-33
	818	809	9
	455	446	9
	852	813	39
	545	581	-36
	250	311	-61
	680	712	-32
	973	1,112	-139
	269	342	-73
	1,116	935	181
	1,774	952	822
	945	519	426
	339	151	188
	306	407	-101
	643	788	-145
	3,146	3,040	106
	84	73	11
	843	928	-85
	7,715	6,343	1,372
	742	609	133
	1,467	1,285	182
	3,224	3,105	119
	1,207	1,733	-526
	415	328	87
	723	522	201
	1,031	871	160
	647	522	125
	1,218	3,535	-2,317
	527	615	-88
	852	997	-145
	667	740	-73
	3,422	2,990	432
	263	215	48
	1,935	721	1,214
	739	703	36
	884	803	81
	1,545	1,288	257
	651	569	82
	235	291	-56
	679	925	-246
	535	731	-196
	5,297	4,327	970
	134	119	15
	188	163	25
	27	21	6
	187	148	39
	291	233	58
	201	169	32
	502	381	121
	195	148	47
	161	127	34
	246	180	66
	80	60	20
	713	629	84
	2,329	1,825	504
	960	900	60
	1,314	1,232	82
	1,596	2,527	-931
	1,309	978	331
	6,152	5,738	414
	328	337	-9
	475	364	111
	6,414	6,493	-79
	328	244	84
	449	370	79
	315	273	42
	3,791	4,028	-237
	3,799	4,028	-229
	5,105	5,370	-265
	3,737	4,001	-264
	7,609	8,002	-393
	5,605	5,164	441
	9,809	9,474	335
	4,128	3,706	422
	2,335	2,376	-41
	3,504	3,565	-61
	8,199	7,455	744
	6,856	5,843	1,013
	3,022	3,068	-46
	8,180	8,181	-1
	3,424	3,551	-127
	2,545	2,396	149
	1,253	1,198	55
	2,506	2,524	-18
	16,419	16,472	-53
	18,469	18,529	-60
	11,895	11,336	559
	4,295	4,118	177
	7,578	7,191	387
	7,609	7,234	375
	3,247	3,263	-16
	6,493	6,525	-32
	21,616	21,881	-265
	4,059	4,144	-85
	4,053	4,144	-91
	7,145	7,147	-2
	8,166	8,343	-177
	7,221	7,147	74
	9,072	9,074	-2
	21,252	21,323	-71
	14,043	14,046	-3
	16,028	16,044	-16
	2,025	2,033	-8
	12,184	12,195	-11
	11,361	11,198	163
	8,749	8,838	-89
	10,671	10,566	105
	1,803	1,478	325
	294	281	13
	308	314	-6
	7,974	6,066	1,908
	327	893	-566
	2,018	1,783	235
	101	89	12
	584	415	169
	489	313	176
	360	311	49
	374	398	-24
	452	459	-7
	736	676	60
	215	307	-92
	298	255	43
	662	538	124
	678	471	207
	1,559	1,077	482
	1,552	1,561	-9
	604	476	128
	279	214	65
	403	309	94
	1,716	1,332	384
	583	500	83
	374	300	74
	1,446	1,150	296
	695	650	45
	673	650	23
	1,289	1,005	284
	543	473	70
	225	239	-14
	261	286	-25
	7,002	6,902	100
	2,016	1,413	603
	281	202	79
	452	395	57
	1,503	1,107	396
	1,497	1,341	156
	281	214	67
	7,706	5,302	2,404
			221

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			-15
b			-1,296
c			37
d			112
e			-88
			385
			220
			146
			48
			41
			52
			12
			-8
			-1
			6
			4
			9
			8
			15
			2
			23
			22
			35
			24
			28
			260
			64
			27
			-1

			-50
			-17
			-28
			-22
			1,058
			143
			239
			82
			-2,269
			72
			-447
			-1,516
			-117
			-372
			325
			430
			712
			59
			121
			406
			-1,060
			-1
			-2,009
			-36
			-6
			-866
			-763
			-290
			414
			248
			226
			156
			772
			56
			89
			94
			51
			30
			-53
			-5
			115
			130
			14
			156
			152
			-387
			-1,370
			151
			35
			419
			346
			129
			199
			13
			-10
			454
			88
			1,511
			-72
			772
			-4
			33
			87
			289
			-881
			-37
			-111
			11
			16
			-31
			207
			11
			59
			49
			91
			37
			83
			96
			-13
			185
			-63
			239
			96
			62
			4
			-3
			-3
			-4
			-6
			50
			37
			39
			24
			49
			65
			48
			-35
			-48
			-15
			-33
			-40
			-28
			-38
			-32
			-27
			-33
			67
			-165
			-174
			-136
			104
			160
			-100
			-13
			-15
			-19
			-58
			-12
			-37
			-8
			-25
			-30
			-10
			-26
			-9
			-36
			-8
			-26
			-12
			-36
			-36
			-12
			-74
			-32
			-33
			-25
			-16
			-29
			-15
			-26
			-15
			-33
			-14
			-7
			-4
			-7
			-4
			-4
			-4
			-4
			-4
			-3
			-6
			-3
			-7
			-5
			-5
			-5
			-115
			2
			2
			4
			987
			5
			184
			16
			100
			130
			52
			24
			33
			-1
			-1
			-1
			-2
			-2

			1
			615
			2
			-9
			-27
			-26
			-45
			-1
			-5
			-27
			171
			-29
			-1
			-1
			-1
			-1
			-8
			-10
			-11
			-91
			-96
			-80
			-56
			-73
			155
			-33
			-35
			-29
			-25
			-21
			-19
			-19
			-20
			-31
			-30
			-29
			-26
			-20
			-21
			-19
			-21
			-10
			-7
			-8
			-9
			-7
			-8
			-7
			-11
			15
			-9
			-17
			-11
			-27
			-70
			-51
			-68
			-120
			-131
			218
			173
			-149
			32
			181
			-42
			-2
			-2
			-2
			-62
			-67
			-44
			-36
			-32
			-41
			-50
			-18
			-18
			-40
			103
			-21
			-36
			-55
			56
			-14
			64
			-13
			-1

			196
			-2
			-59
			-2
			-2
			-121
			-3
			39
			-13

			123
			-1
			-2
			-47
			-41
			8
			-46
			-6
			-6
			-7
			-4
			-4
			-6
			-7
			2
			-4
			-3
			-33
			-3
			-3
			-1
			-1
			-762


			-1
			12
			-1
			2
			2
			2
			250
			12
			571
			223
			26
			-28
			-147
			-456
			-224
			-208
			-504
			-508
			44
			1

			7
			-67
			-112
			328
			-51
			-784
			701
			6
			-48
			28
			65
			114
			-4,082
			126
			135
			-61
			-56
			-1,519
			113
			21
			66
			70
			39
			87
			838
			877
			364
			875
			124
			-72
			-61
			53
			253
			107
			57
			1,756
			251
			-57
			3
			-60
			1,151
			1
			1

			1
			154
			67
			47
			3
			118
			169
			44
			-497
			-10
			-313
			-66
			2
			35
			43
			283
			-98
			-93
			383
			143
			43
			-224
			-576
			-465
			-87
			-57
			57
			40
			40
			29
			11
			4
			138
			358
			116
			385
			6
			914
			946
			574
			4
			-47
			1,469
			632
			1,730
			38
			33
			174
			1,079
			25
			-81
			55
			141
			415
			-240
			-112
			246
			27
			4
			-2,340
			238
			-2,104
			1,167
			1,071
			268
			-2
			-72
			-70
			-84
			-17
			-64
			-34
			-101
			-37
			-22
			-64

			-47
			-33
			9
			9
			39
			-36
			-61
			-32
			-139
			-73
			181
			822
			426
			188
			-101
			-145
			106
			11
			-85
			1,372
			133
			182
			119
			-526
			87
			201
			160
			125
			-2,317
			-88
			-145
			-73
			432
			48
			1,214
			36
			81
			257
			82
			-56
			-246
			-196
			970
			15
			25
			6
			39
			58
			32
			121
			47
			34
			66
			20
			84
			504
			60
			82
			-931
			331
			414
			-9
			111
			-79
			84
			79
			42
			-237
			-229
			-265
			-264
			-393
			441
			335
			422
			-41
			-61
			744
			1,013
			-46
			-1
			-127
			149
			55
			-18
			-53
			-60
			559
			177
			387
			375
			-16
			-32
			-265
			-85
			-91
			-2
			-177
			74
			-2
			-71
			-3
			-16
			-8
			-11
			163
			-89
			105
			325
			13
			-6
			1,908
			-566
			235
			12
			169
			176
			49
			-24
			-7
			60
			-92
			43
			124
			207
			482
			-9
			128
			65
			94
			384
			83
			74
			296
			45
			23
			284
			70
			-14
			-25
			100
			603
			79
			57
			396
			156
			67
			2,404

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	24,041
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . .		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2010	79,411	394,295	0.2014
2009	54,053	1,109,278	0.048728
2008	90,119	1,409,337	0.063944
2007	57,609	1,677,158	0.034349
2006	76,225	1,542,964	0.049402

2	Total of line 1, column (d) ......................	2	0.397823
3	Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by the number of years the foundation has been in existence if less than 5 years. . .	3	0.079565
4	Enter the net value of noncharitable-use assets for 2011 from Part X, line 5.....	4	1,316,529
5	Multiply line 4 by line 3.......................	5	104,750
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	435
7	Add lines 5 and 6.........................	7	105,185
8	Enter qualifying distributions from Part XII, line 4..............	8	59,462
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions on page 18.

Form 990-PF (2011)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A” on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	870
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2............................	3	870
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-).	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	870
6	Credits/Payments:

a	2011 estimated tax payments and 2010 overpayment credited to 2011	6a	432
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)	6c	0
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	432
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	438
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2012 estimated tax	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of

the instructions for definition)?............................

If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If “Yes,” attach a detailed description of the activities.

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If “Yes,” has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If “Yes,” attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.

Yes

Enter the states to which the foundation reports or with which it is registered (see page 19 of the

instructions) bullet

If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011 (see instructions for Part XIV on

page 27)? If “Yes,” complete Part XIV..........................

Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......

Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

The books are in care of bullet

WELLS FARGO BANK NA Telephone no. bullet

(336) 747-8186

Located at bullet

1 W 4TH STWINSTON SALEMNC ZIP+4 bullet

271014047

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

At any time during calendar year 2011, did the foundation have an interest in or a signature or other authority over

a bank, securities, or other financial account in a foreign country? .................

See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet

Form 990-PF (2011)

Page 5

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?.........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?.................YesNo

(6) Agree to pay money or property to a government official? (Exception. Check “No”

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).........YesNo

If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...

Organizations relying on a current notice regarding disaster assistance check here......... bullet

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2011?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2011, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2011?...............YesNo

If “Yes,” list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business

enterprise at any time during the year?.....................YesNo

If “Yes,” did it have excess business holdings in 2011 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2011.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2011?

During the year did the foundation pay or incur any amount to:

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?

Organizations relying on a current notice regarding disaster assistance check here......... bullet

If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?............YesNo

If “Yes,” attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay

premiums on a personal benefit contract?....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If “Yes” to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

Form 990-PF (2011)

Page 6

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
WELLS FARGO BANK NA	TRUSTEE 40	16,686
1525 WEST WT HARRIS BLVD D1114-044 CHARLOTTE,NC282881161	TRUSTEE 40	16,686

2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions). If none, enter “NONE.”
(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.		Expenses
1


2


3


4

Form 990-PF (2011)

Page 7

Part IX-B

Summary of Program-Related Investments (see page 23 of the instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.		Amount
1


2


All other program-related investments. See page 24 of the instructions.
3

Total. Add lines 1 through 3.......................... bullet

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
see page 24 of the instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

1,256,497

Average of monthly cash balances.......................

80,081

Fair market value of all other assets (see page 24 of the instructions)............

Total (add lines 1a, b, and c).........................

1,336,578

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

1,336,578

Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25

of the instructions) ...........................

20,049

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

1,316,529

Minimum investment return. Enter 5% of line 5..................

65,826

Part XI

Distributable Amount (see page 25 of the instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

65,826

Tax on investment income for 2011 from Part VI, line 5......

870

Income tax for 2011. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

870

Distributable amount before adjustments. Subtract line 2c from line 1............

64,956

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

64,956

Deduction from distributable amount (see page 25 of the instructions)...........

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,

line 1................................

64,956

Part XII

Qualifying Distributions (see page 25 of the instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

59,462

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

59,462

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............

Adjusted qualifying distributions. Subtract line 5 from line 4..............

59,462

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2011)

Page 8

Part XIII

Undistributed Income (see page 26 of the instructions)

		(a) Corpus	(b) Years prior to 2010	(c) 2010	(d) 2011
1 Distributable amount for 2011 from Part XI, line 7					64,956
2 Undistributed income, if any, as of the end of 2011:
a Enter amount for 2010 only.......				0
b Total for prior years:2009, 20, 20			0
3 Excess distributions carryover, if any, to 2011:
a From 2006.......	0
b From 2007.......	0
c From 2008.......	3,387
d From 2009.......	0
e From 2010.......	60,558
fTotal of lines 3a through e.........		63,945
4Qualifying distributions for 2011 from Part
XII, line 4: $ 59,462
a Applied to 2010, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see page 26 of the instructions)			0
c Treated as distributions out of corpus (Election required—see page 26 of the instructions)...		0
d Applied to 2011 distributable amount.....					59,462
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2011.		5,494			5,494
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		58,451
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount—see page 27 of the instructions ...			0
e Undistributed income for 2010. Subtract line 4a from line 2a. Taxable amount—see page 27 of the instructions ...........				0
f Undistributed income for 2011. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2011 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (see page 27 of the instructions) ...........		0
8Excess distributions carryover from 2006 not applied on line 5 or line 7 (see page 27 of the instructions) .............		0
9Excess distributions carryover to 2012. Subtract lines 7 and 8 from line 6a ......		58,451
10 Analysis of line 9:
a Excess from 2007....	0
b Excess from 2008....	0
c Excess from 2009....	0
d Excess from 2010....	58,451
e Excess from 2011....

Form 990-PF (2011)

Page 9

Part XIV

Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2011, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2011	(b) 2010	(c) 2009	(d) 2008	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ....
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets” alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment” alternative test— enter 2⁄3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support” alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the organization had $5,000 or more in
assets at any time during the year—see page 27 of the instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see page 28 of the instructions) to individuals or organizations
under other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2011)

Page 10

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
INGLIS FOUNDATION ATTN CATHERINE H FARRELL PHILADELPHIA,PA191312799	NONE	PUBLIC CHARITY	GENERAL SUPPORT	16,429
TRUSTEES OF THE UNIVERSITY OF PA ATTNJBINSTEAD OFFICE OF TREAS PHILADELPHIA,PA191046205	NONE	PUBLIC CHARITY	GENERAL SUPPORT	16,429
ASSOCIATED SVCS FOR THE BLIND C/O PATRICIA C JOHNSON 919 WALNUT ST 5TH FLOOR PHILADELPHIA,PA19107	NONE	PUBLIC CHARITY	GENERAL SUPPORT	10,952
EDITH RUDOLPHY RES FOR THE BLIND HOME FOR BLIND WMN FJLINGHAM PHILADELPHIA,PA19148	NONE	PUBLIC CHARITY	GENERAL SUPPORT	5,481
Total ................................. 3a				49,291

bApproved for future payment

Total ................................. 3b

Form 990-PF (2011)

Page 11

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3Interest on savings and temporary cash investments			14	45
4 Dividends and interest from securities....			14	33,323
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6Net rental income or (loss) from personal property
7 Other investment income.....
8Gain or (loss) from sales of assets other than inventory			18	24,041
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				57,409

13Total. Add line 12, columns (b), (d), and (e)..................

1357,409

(See worksheet in line 13 instructions on page 28 to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See page 28 of the instructions.)

Form 990-PF (2011)

Page 12

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section

Yes

501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........YesNo

If “Yes,” complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.

	Signature of officer or trustee	Date	Title

Preparer's Signature	Date	Check if self- employed	PTIN
Firm's name Firm's address		Firm's EIN
		Phone no.

Form 990-PF (2011)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
26613Q106 DUPONT FABROS TECHN	AT COST	1,706	1,744
024013104 AMERICAN ASSETS TRUS	AT COST	790	800
24835100 AMERICAN CAMPUS CMNTY	AT COST	187	336
035710409 ANNALY CAPITAL MGMT	AT COST	1,804	1,660
03748R101 APARTMENT INVT&MGMT	AT COST	2,855	2,795
044103109 ASHFORD HOSPITALITY	AT COST	104	104
053484101 AVALONBAY CMNTY INC	AT COST	4,362	5,485
101121101 BOSTON PROPERTIES IN	AT COST	5,548	7,072
05564E106 BRE PPTYS INC	AT COST	1,560	1,615
133131102 CAMDEN PPTY TR SH	AT COST	896	871
195872106 COLONIA PPTY TR	AT COST	1,478	1,898
253868103 DIGITAL RLTY TR INC	AT COST	4,489	5,134
25960P109 DOUGLAS EMMETT INC	AT COST	1,105	1,222
28140H104 EDUCATION RLTY TR IN	AT COST	337	379
29380T105 ENTERTAINMENT PPTYS	AT COST	2,026	2,011
29472R108 EQUITY LIFESTYLE PPT	AT COST	1,728	2,067
294752100 EQUITY ONE INC	AT COST	962	951
29476L107 EQUITY RESIDENTIAL P	AT COST	5,631	7,243
297178105 ESSEX PPTY TR COM	AT COST	1,782	2,108
30225T102 EXTRA SPACE STORAGE	AT COST	1,337	1,405
31374206 FEDERAL RLTY INVT TR	AT COST	2,141	2,450
370023103 GENERAL GROWTH PROPE	AT COST	2,155	2,508
370023103 GENERAL GROWTH PROPE	AT COST	29	30
379302102 GLIMCHER RLTY TR	AT COST	1,394	1,518
40414L109 HCP INC	AT COST	3,866	4,806
42217K106 HEALTH CARE REIT INC	AT COST	1,588	2,072
427825104 HERSHA HOSPITALITY	AT COST	780	683
431284108 HIGHWOODS PPTYS INC	AT COST	559	534
44107P104 HOST HOTELS & RESORT	AT COST	5,192	4,874
49446R109 KIMCO RLTY CORP	AT COST	1,196	1,348
517942108 LASALLE HOTEL PROPER	AT COST	1,718	1,670
554382101 MACERICH CO	AT COST	577	708
74340W103 PROLOGIS INC	AT COST	3,131	3,173
69360J107 PS BUSINESS PARKS	AT COST	767	721
74460D109 PUBLIC STORAGE INC	AT COST	5,821	7,933
751452202 RAMCOGERHENSON PPTY	AT COST	784	718
828806109 SIMON PROPERTY GROUP	AT COST	10,611	15,473
78440X101 SL GREEN REALTY GROU	AT COST	3,456	3,665
876664103 TAUBMAN CTRS INC	AT COST	1,357	1,739
92276F100 VENTAS INC	AT COST	3,609	4,300
929042109 VORNADO REALTY TRUST	AT COST	5,632	5,380
018805101 ALLIANZ SE	AT COST	4,424	3,409
02364W105 AMERICA MOVIL SAB DE	AT COST	1,608	1,446
043400100 ASAHI KASEI CORP	AT COST	2,296	2,555
05946K101 BANCO BILBAO VIZCAY	AT COST	1,980	1,345
055262505 BASF AKTIENGESELLSCH	AT COST	2,200	2,441
072730302 BAYER AG-ADR	AT COST	3,532	4,019
088606108 BHP BILLITON LIMITED	AT COST	4,647	3,955
05565A202 BNP PARIBAS-ADR	AT COST	3,776	1,906
225401108 CREDIT SUISSE GROUP	AT COST	4,973	3,874
233825108 DAIMLER AG-SPN	AT COST	3,319	3,092
25030W100 DESARROLLADORA HOMEX	AT COST	1,677	1,012
251561304 DEUTSCHE LUFTHANSA	AT COST	3,628	2,486
344419106 FOMENTO ECONOMICO	AT COST	1,067	1,534
359590304 FUJITSU LIMITED ADR	AT COST	4,489	3,671
36160B105 GDF SUIZ SPONSORED	AT COST	3,187	2,989
37733W105 GLAXOSMITHKLINE PLC	AT COST	2,876	3,422
410693105 HANNOVER REINS CORP	AT COST	3,588	3,549
453142101 IMPERIAL TOBACCO	AT COST	3,818	4,671
500458401 KOMATSU LIMITED ADR	AT COST	2,164	2,244
50048B104 KONICA MINOLTA HOLDI	AT COST	3,770	2,997
500467402 KONINKLIJKE AHOLD NV	AT COST	3,352	3,363
50127R103 KURARAY CO LTD	AT COST	2,946	2,822
606769305 MITSUBISHI CORP	AT COST	3,953	3,005
62474M108 MTN GROUP LTD	AT COST	2,324	2,513
632525408 NATIONAL AUSTRALIA	AT COST	4,785	4,427
65334H102 NEXEN INC	AT COST	5,113	3,452
654624105 NIPPON TELEGRAPH AND	AT COST	2,655	2,888
66987V109 NAVARTIS AG-ADR	AT COST	3,937	4,231
71654V108 PETROLEO BRASILEIRO	AT COST	4,569	2,957
74435K204 PRUDENTIAL PLC-ADR	AT COST	3,764	4,244
758204200 REED ELSEVIER NV ADR	AT COST	2,680	2,553
761655406 REXAM PLC-ADR	AT COST	2,701	3,216
767204100 RIO TINTO PLC-ADR	AT COST	3,129	3,082
771195104 ROCHE HOLDINGS LTD-	AT COST	4,462	4,978
775781206 ROLLS ROYCE HOLDINGS	AT COST	2,806	3,464
780259107 ROYAL DUTCH SHELL PL	AT COST	4,379	6,461
78404D109 SBM OFFSHORE NV	AT COST	4,047	3,118
G7945E105 SEADRILL LIMITED	AT COST	3,546	3,351
826197501 SIEMEN AG-ADR	AT COST	2,133	1,530
82929R304 SINGAPORE TELECOMMUN	AT COST	3,705	3,703
83175M205 SMITH & NEPHEW PLC-	AT COST	3,604	3,563
86562X106 SUMITOMO MITSUI TR	AT COST	2,763	2,261
869587402 SVENSKA CELLULOSA	AT COST	3,476	3,628
87944W105 TELENOR ASA-ADR	AT COST	3,444	3,804
881624209 TEVA PHARMACEUTICAL	AT COST	3,902	3,875
928662303 VOLKSWAGEN AG-ADR	AT COST	2,725	2,375
98418K105 XSTRATA PLC	AT COST	3,634	2,913
98982M107 ZURICH FINANCIAL SVC	AT COST	3,770	3,515
G62185106 MONTPELIER RE HOLDIN	AT COST	3,402	3,621
G9618E107 WHITE MOUNTAINS INSU	AT COST	2,520	3,174
32054K103 FIRST INDL RLTY TR	AT COST	1,739	2,087
41902R103 HATTERAS FINANCIAL	AT COST	2,184	2,268
902653104 UDR INC	AT COST	2,403	3,213
008474108 AGNICO EGALE MINES	AT COST	1,801	1,271
12626K203 CRH PLC-ADR	AT COST	2,199	2,141
H27178104 FOSTER WHEELER AG	AT COST	3,072	1,971
H2906T109 GARMIN LTD	AT COST	1,421	1,791
G47791101 INGERSOLL-RAND PLC	AT COST	1,345	1,402
83172R108 SMART TECHNOLOGIES	AT COST	3,161	1,314
H8817H100 TRANSOCEAN LTD	AT COST	1,322	1,267
H27013103 WEATHERFORD INTERNAT	AT COST	5,285	4,055
760975102 RESEARCH IN MOTION	AT COST	2,923	1,639
H0023R105 ACE LIMITED	AT COST	4,743	6,591
G2554F113 COVIDIEN PLC	AT COST	6,366	5,986
G4412G101 HERBALIFE LTD	AT COST	6,524	5,890
H89128104 TYCO INTERNATIONAL	AT COST	5,641	7,380

Description	Amount
MUTUAL FUND TAX EFFECTIVE DATE AFTER TYE	232
ROC BASIS ADJUSTMENT	1,209
ACCRUED INTEREST POSTING IN 2011	882
WASH SALES DISALLOWED	1,371

Description	Amount
MUTUAL FUND TAX EFFECTIVE DATE BEFORE TYE	275
ROUNDING	4
ACCRUED INTEREST POSTING IN 2010	421

Name of Stock	End of Year Book Value	End of Year Fair Market Value
571903202 MARRIOTT INTERN. INC
85590A401 STARWOOD HOTELS & RE
12497T101 CB RICHARD ELLIS GRO
48020Q107 JONES LANG LASALLE	1,094	796
22025Y407 CORRECTIONS CORP OF	511	489
015271109 ALEXANDRIA RE
00163T109 AMP PPTY CORP
024835100 AMERICAN CAMPUS CMNT
035710409 ANNALY CAPITAL MANAG
03748R101 APARTMENT INVT & MGM
053484101 AVALONBAY CMNTYS
101121101 BOSTON PROPERTIES IN
195872106 COLONIAL PPTYS TR
253868103 DIGITAL RLTY TR
25960P1009 DOUGLAS EMMETT INC
28140H104 EDUCATION RLTY TR
29380T105 ENTERTAINMENT PPTYS
29472R108 EQUITY LIFESTYLE PPT
294752100 EQUITY ONE INC
29476L107 EQUITY RESIDENTIAL
297178105 ESSEX PPTY TR COM
313747206 FEDERAL RLTY INVT TR
370023103 GENERAL GROWTH PROPE
379302102 GLIMCHER RLTY TR
40414L109 HCP INC
42217K106 HEALTH CARE REIT INC
427825104 HERSHA HOSPITALITY T
431284108 HIGHWOODS PPTYS INC
437306103 HOME PROPERTIES
44107P104 HOST HOTELS & RESORT
49446R109 KIMCO RLTY CORP
517942108 LASALLE HOTEL PROPER
554382101 MACERICH CO COM
59522J103 MID AMERICA APARTMEN
743410102 PROLOGIS SHS OF BENE
69360J107 PS BUSINESS PARKS IN
74460D109 PUBLIC STORAGE INC C
751452202 RAMCO-GERSHENSON PPT
828806109 SIMON PROPERTY GROUP
78440X101 SL GREEN REALTY CORP
875465106 TANGER FACTORY OUTLE
876664103 TAUBMAN CTRS INC
92276F100 VENTAS INC COM
929042109 VORNADO REALTY TRUST
00184X105 AOL INC
126804301 CABELAS INC	4,336	6,152
139594105 CAPELLA EDUCATION CO
1430102 CARMAX INC
345203202 FORCE PROTECTION INC
418056107 HASBRO INC	1,233	1,020
817565104 SERVICE CORP INTL	3,925	4,377
864159108 STURM RUGER & CO INC	1,784	4,718
21036P108 CONSTELLATION BRANDS
29266R108 ENERGIZER HOLDINGS I	2,417	3,022
741511109 PRICESMART INC	2,767	8,072
050095108 ATWOOD OCEANICS INC	5,308	6,088
017175100 ALLEGHANY CORP DEL	2,041	1,997
278265103 EATON VANCE CORP	6,999	5,839
55262C100 MBIA INC	3,066	4,578
879080109 TEJON RANCH CO
950817106 WESCO FINL CORP
690732102 OWENS & MINOR INC	1,328	1,167
88033G100 TENET HEALTHCARE	3,640	3,386
014482103 ALEXANDER & BALDWIN	4,344	5,307
22025Y407 CORRECTIONS CORP OF	3,767	3,850
498904200 KNOLL INC	928	1,203
679580100 OLD DOMINION FREIGHT	2,871	5,026
894650100 TREDEGAR CORPORATION	3,808	4,888
007974108 ADVENT SOFTWARE INC	2,308	2,485
92046N102 VALUECLICK INC	3,075	4,398
012653101 ALBEMARLE CORP	5,672	6,542
573284106 MARTIN MARIETTA MATL	2,571	2,187
651587107 NEWMARKET CORP	4,297	7,924
G62185106 MONTPELIER RE HOLDIN
746927102 QLT INC
G9618E107 WHITE MOUNTAINS INS.
49455U100 KINDER MORGAN MGMT	3,315	4,947
32054K103 FIRST INDL RLTY TR
41902R103 HATTERAS FINANCIAL C
902653104 UDR INC
594793101 MICREL INC COM	3,834	3,427
345370860 FORD MOTOR COMPANY
364760108 GAP INC
437076102 HOME DEPOT INC	6,494	9,375
654106103 NIKE INC CL
778296103 ROSS STORES INC	3,679	8,080
126650100 CVS/CAREMARK	6,147	8,931
742718109 PROCTER & GAMBLE CO
902494103 TYSON FOODS INC
931142103 WALMART STORES	6,669	7,829
166764100 CHEVRON CORP	5,877	8,086
171798101 CIMAREX ENERGY CO
20825C104 CONOCOPHILLIPS	5,282	7,578
30231G102 EXXON MOBIL CORP	5,009	6,187
406216101 HALLIBURTON CO	5,418	5,694
674599105 OCCIDENTAL PETE CORP	6,391	7,309
03076C106 AMERIPRISE FINL	4,732	6,205
172967101 CITIGROUP INC
46625H100 JPMORGAN CHASE & CO	7,322	5,852
693475105 PNC FINANCIAL SERVIC
91529Y106 UNUM GROUP
031162100 AMGEN INC	5,408	6,036
110122108 BRISTOL MYERS SQUIBB	6,274	8,634
14149Y108 CARDINAL HEALTH INC	6,190	7,066
345838106 FOREST LABS INC
47816104 JOHNSON & JOHNSON	6,228	6,296
58155Q103 MCKESSON CORP	5,320	6,544
58405U102 MEDCO HEALTH SOLUTIO
235851102 DANAHER CORP	7,079	7,432
369604103 GENERAL ELECTRIC CO	6,507	7,522
907818108 UNION PACIFIC CORP	7,065	8,263
913017109 UNITED TECHNOLOGIES	6,404	6,651
88579Y101 3M CO	7,320	7,111
037833100 APPLE INC	4,174	6,480
17275R102 CISCO SYSTEMS	7,320	5,478
219350105 CORNING INC
428236103 HEWLETT PACKARD CO
44919P508 IAC/INTERACTIVECORP	4,080	7,029
458140100 INTEL CORP	6,564	7,784
459200101 IBM CORP	6,071	8,458
594918104 MICROSOFT CORP	8,174	6,827
68389X105 ORACLE CORPORATIN	5,484	6,028
882508104 TEXAS INSTRUMENTS IN
459506101 INTERNATIONAL FLAVOR
81211K100 SEALED AIR CORP COM
92343V104 VERIZON COMMUNICATIO	7,026	8,425
210371100 CONSTELLATION ENERGY
H0023R105 ACE LIMITED
G6852T105 PARTNERRE LTD COM
H8912P106 TYCO ELECTRONICS LTD
H89128104 TYCO INTERNATIONAL
146229109 CARTER HOLDINGS
26483E100 DUN & BRADSTREET COR
372460105 GENUINE PARTS CO
501044101 KROGER CO
786514208 SAFEWAY INC NEW
057224107 BAKER HUGHES INC COM
13342B105 CAMERON INTL CORP	2,818	3,394
261608103 DRESSER_RAND GROUP I	1,554	1,996
651290108 NEWFIELD EXPL CO COM	1,544	1,056
723787107 PIONEER NAT RES CO C	1,492	2,237
91913Y100 VALERO ENERGY CORP	1,451	1,768
969457100 WILLIAMS COS INC
524901105 LEGG MASON INC	2,906	2,261
571748102 MARSH & MCLENNAN COS
665859104 NORTHERN TRUST CORP	5,147	4,204
712704105 PEOPLE'S UNITED FINA	5,047	4,382
693366205 PICO HOLDINGS INC	1,959	1,502
743315103 PROGRESSIVE CORP	2,253	2,302
00817108 AETNA INC-NEW
09062X103 BIOGEN IDEC INC
101137107 BOSTON SCIENTIFIC CO	5,410	4,245
372917104 GENZYME CORP
436440101 HOLOGIC INC COM	2,238	2,451
50540R409 LABORATORY CRP
717124101 PHARMACEUTICAL PROD
74834L100 QUEST DIAGNOSTICS IN	1,586	1,800
878377100 TECHONE CORP
918194101 VCA ANTECH INC	1,363	1,580
941848103 WATERS CORP
98956P102 ZIMMER HOLDINGS
018804104 ALLIANT TECHSYSTEMS	5,533	4,401
302130109 EXPEDITORS INTL WASH	1,355	1,475
450911102 ITT CORPORATION	757	735
701094104 PARKER HANNIFIN CORP
724479100 PITNEY BOWES INC
740189105 PRECISION CASTPARTS
760759100 REPUBLIC SERVICES IN	1,691	1,570
346375108 FORMFACTOR INC	2,783	1,543
535678106 LINEAR TECHNOLOGY	1,958	2,072
620076109 MOTOROLA INC
871503108 SYMANTEC CORP	1,366	1,596
959802109 WESTERN UNION CO/THE
009158106 AIR PRODS & CHEMS IN
459506101 INTERN. FLAVORS & FR
81211K100 SEALED AIR CORP
826552101 SIGMA ALDRICH CORP	1,367	1,562
281020107 EDISON INTL COM
902681105 UGI CORP NEW COM	1,400	1,558
876657106 WISCONSIN ENERGY COR
881624209 TEVA PHARMACEUTICAL
H89128104 TYCO INTERNATIONAL L
018805101 ALLIANZ SE
043400100 ASAHI KASEI
046353108 ASTRAZENECA PLC
054536107 AXA ADR
05523R107 BAE SYSTEMS PLC
05946K101 BANCO BILBAO
05964H105 BANCO SANTANDER CEN
05964H105BANCO SANTANDER CEN
06426M104 BANK OF CHINA
055262505 BASF AKTIENGESELLS
055434203 BG GROUP PLC
088606108 BHP BILLITON LIMITED
05565A202 BNP PARIBAS ADR
153766100 CENTRAL JAPAN RAI
20441B407 COMP PARANAENSE
225401108 CREIDIT SUISE GROUP
23304Y100 DBS GROUP HOLDINGS
25030W100 DESARROLLADORA HOMEX
251561304 DEUTSCHE LUFTHANSA
26874R108 ENI SPA ADR
344419106 FOMENTO ECONOMICO
359590304 FUJUTSU LIMITED ADR
37733W105 GLAXOSMITHKLINE PLC
410693105 HANNOVER REINS CORP
448415208 HUTCHINSON WHAMPOA
48667L106 KDDI CORPORATION
500467402 KONINKLIJKE AHOLD NV
505861401 LAFARGE ADR
584469407 MEDIASET SPA
606769305 MITSUBISHI CORP
62474M108 MTN GROUP LTD
632525408 NATIONAL AUSTRALIA
64110W102 NETEASE.COM
66987V109 NOVARTIS AG
74435K204 PRUDENTIAL PLC
758204200 REED ELSEVIER
761655406 REXAM PLC
771195104 ROCHE HOLDINGS LTD
775781206 ROLLS ROYCE
780259107 ROYAL DUTCH SHELL
813113206 SECOM LTD
83175M205 SMITH & NEPHEW PLC
83364L109 SOCITE GENERALE ADR
87425E103 TALISMAN ENERGY INC
879382208 TELEFONICA SA
87944W105 TELENOR ASA
87260W101 TNT NV
917302200 USINAS SIDERURGICAS
98418K105 XSTRATA PLC
98982M107 ZURICH FINANCIAL
85771P102 STATOIL ASA
85590A401 STARWOOD HOTELS & RE	2,206	2,015
12504L109 CBRE GROUP INC	491	441
02553E106 AMERICAN EAGLE OUTFI	1,246	1,758
67018T105 NU SKIN ENTERPRISES	4,462	6,071
879080109 TEJON RANCH CO	3,036	2,619
483548103 KAMAN CORP COMMON	3,867	3,087
086516101 BEST BUY INC	1,942	1,426
17306X102 CITI TRENDS INC	1,457	1,080
36467W109 GAMESTOP CORP	2,810	2,920
401617105 GUESS INC	3,036	2,445
418056107 HASBRO INC	1,926	1,722
054303102 AVON PRODS INC	2,849	1,869
60871R209 MOLSON COORS BREWING	3,840	3,744
786514208 SAFEWAY INC	4,752	4,292
12802T101 CAL DIVE INTERNATION	3,310	1,370
845467109 SOUTHWESTERN ENERGY	3,105	2,587
808513105 SCHWAB CHARLES CORP	2,907	2,860
00817Y108 AETNA INC	1,379	1,730
205944101 CON-WAY INC	1,528	1,341
30162A108 EXELIS INC	918	688
774341101 ROCKWELL COLLINS	1,720	1,716
784635104 SPX CORP	1,353	1,567
880779103 TEREX CORP	1,907	2,270
98419M100 XYLEM INC/NY	2,277	1,952
032095101 AMPHENOL CORP	1,358	1,452
12673P105 CA INC	4,706	4,144
25659T107 DOLBY LABORATORIES	2,708	2,685
879664100 TELLABS OPERATIONS	1,438	1,491
959802109 WESTERN UNION CO/THE	2,791	3,013
810186106 THE SCOTTS MIRACLE-	1,629	1,541
591708102 METROPCS COMMUNICATI	1,932	1,901
124857202 CBS CORP	7,122	7,843
20030N101 COMCAST CORP	7,669	7,587
344849104 FOOT LOCKER	6,509	7,152
92927K102 WABCO HOLDINGS INC	6,819	4,817
637071101 NATIONAL OILWELL VAR	7,549	6,459
064058100 BANK NEW YORK MELLON	6,298	6,172
316773100 FIFTH THIRD BANCORP	6,853	7,136
59156R108 METLIFE INC	7,312	5,207
754730109 RAYMOND JAMES FINL	7,807	6,223
151020104 CELGENE CORP	6,776	7,166
91324P102 UNITEDHEALTH GROUP	7,222	6,994
00846U101 AGILENT TECHNOLOGIES	7,307	5,170
018581108 ALLIANCE DATA SYS CO	6,795	6,853
268648102 EMC CORP MASS	6,573	6,268
871503108 SYMANTEC CORP	7,301	5,884
774415103 ROCKWOOD HLDGS INC	7,872	6,339
26441C105 DUKE ENERGY HOLDINGS	6,515	7,392

Category	Amount	Net Investment Income
FOREIGN TAXES	796	796
FEDERAL TAX PAYMENT - PRIOR YE	227	0
FEDERAL ESTIMATES - PRINCIPAL	432	0