|
|
|
|
|
|
|
|
|
|
|
Shares
|
|
|
Value
|
|
Common Stocks
|
|
|
|
|
|
|
|
|
Building Products 1.5%
|
|
|
|
|
|
|
|
|
AO Smith Corp.
|
|
|
52,550
|
|
|
$
|
2,179,250
|
|
Masco Corp.(a)
|
|
|
240,500
|
|
|
|
2,537,275
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4,716,525
|
|
|
|
|
|
|
|
|
|
|
Capital Markets 2.2%
|
|
|
|
|
|
|
|
|
Eaton Vance Corp.(a)
|
|
|
165,500
|
|
|
|
4,438,710
|
|
Federated Investors, Inc., Class B(a)
|
|
|
107,046
|
|
|
|
2,287,573
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6,726,283
|
|
|
|
|
|
|
|
|
|
|
Chemicals 1.7%
|
|
|
|
|
|
|
|
|
RPM International, Inc.(a)
|
|
|
151,400
|
|
|
|
3,191,512
|
|
Stepan Co.
|
|
|
23,950
|
|
|
|
1,899,235
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5,090,747
|
|
|
|
|
|
|
|
|
|
|
Commercial Banks 8.0%
|
|
|
|
|
|
|
|
|
BancFirst Corp.
|
|
|
28,600
|
|
|
|
1,090,804
|
|
BancorpSouth, Inc.(a)
|
|
|
120,500
|
|
|
|
1,631,570
|
|
Bank of Hawaii Corp.
|
|
|
99,600
|
|
|
|
4,463,076
|
|
Bank of the Ozarks, Inc.
|
|
|
43,500
|
|
|
|
2,259,825
|
|
Chemical Financial Corp.
|
|
|
56,145
|
|
|
|
1,065,071
|
|
Community Bank System, Inc.(a)
|
|
|
67,600
|
|
|
|
1,700,816
|
|
Community Trust Bancorp, Inc.
|
|
|
40,515
|
|
|
|
1,098,767
|
|
Cullen/Frost Bankers, Inc.(a)
|
|
|
94,500
|
|
|
|
5,091,660
|
|
Iberiabank Corp.(a)
|
|
|
23,800
|
|
|
|
1,213,086
|
|
S&T Bancorp, Inc.
|
|
|
31,200
|
|
|
|
593,424
|
|
Trustmark Corp.
|
|
|
60,200
|
|
|
|
1,311,758
|
|
Valley National Bancorp(a)
|
|
|
134,015
|
|
|
|
1,762,297
|
|
WesBanco, Inc.
|
|
|
59,400
|
|
|
|
1,220,670
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
24,502,824
|
|
|
|
|
|
|
|
|
|
|
Commercial Services & Supplies 4.3%
|
|
|
|
|
|
|
|
|
ABM Industries, Inc.
|
|
|
132,800
|
|
|
|
2,988,000
|
|
Avery Dennison Corp.(a)
|
|
|
76,941
|
|
|
|
2,427,489
|
|
McGrath Rentcorp
|
|
|
51,661
|
|
|
|
1,344,736
|
|
Mine Safety Appliances Co.
|
|
|
57,700
|
|
|
|
1,968,724
|
|
Pitney Bowes, Inc.(a)
|
|
|
207,800
|
|
|
|
4,478,090
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
13,207,039
|
|
|
|
|
|
|
|
|
|
|
Computers & Peripherals 0.8%
|
|
|
|
|
|
|
|
|
Diebold, Inc.
|
|
|
86,400
|
|
|
|
2,612,736
|
|
|
|
|
|
|
|
|
|
|
Containers & Packaging 2.4%
|
|
|
|
|
|
|
|
|
Bemis Co., Inc.(a)
|
|
|
95,300
|
|
|
|
3,011,480
|
|
Myers Industries, Inc.
|
|
|
108,748
|
|
|
|
1,294,101
|
|
Sonoco Products Co.(a)
|
|
|
100,800
|
|
|
|
3,230,640
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
7,536,221
|
|
|
|
|
|
|
|
|
|
|
Construction Materials 2.0%
|
|
|
|
|
|
|
|
|
Martin Marietta Materials, Inc.(a)
|
|
|
43,400
|
|
|
|
3,281,908
|
|
Vulcan Materials Co.(a)
|
|
|
81,100
|
|
|
|
2,780,919
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6,062,827
|
|
|
|
|
|
|
|
|
|
|
Distributors 0.6%
|
|
|
|
|
|
|
|
|
Genuine Parts Co.(a)
|
|
|
33,200
|
|
|
|
1,764,912
|
|
|
|
|
|
|
|
|
|
|
Diversified Consumer Services 1.5%
|
|
|
|
|
|
|
|
|
H&R Block, Inc.(a)
|
|
|
316,421
|
|
|
|
4,733,658
|
|
|
|
|
|
|
|
|
|
|
Diversified Telecommunication Services 1.0%
|
|
|
|
|
|
|
|
|
CenturyLink, Inc.
|
|
|
79,100
|
|
|
|
2,935,401
|
|
|
|
|
|
|
|
|
|
|
Electric Utilities 2.7%
|
|
|
|
|
|
|
|
|
MGE Energy, Inc.
|
|
|
40,371
|
|
|
|
1,658,441
|
|
Northeast Utilities
|
|
|
163,000
|
|
|
|
5,542,000
|
|
Otter Tail Corp.
|
|
|
56,461
|
|
|
|
1,173,260
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
8,373,701
|
|
|
|
|
|
|
|
|
|
|
Electrical Equipment 2.9%
|
|
|
|
|
|
|
|
|
Brady Corp., Class A
|
|
|
109,300
|
|
|
|
3,235,280
|
|
Roper Industries, Inc.
|
|
|
69,400
|
|
|
|
5,665,122
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
8,900,402
|
|
|
|
|
|
|
|
|
|
|
Energy Equipment & Services 1.4%
|
|
|
|
|
|
|
|
|
Helmerich & Payne, Inc.
|
|
|
64,600
|
|
|
|
4,460,630
|
|
|
|
|
|
|
|
|
|
|
Food & Staples Retailing 1.5%
|
|
|
|
|
|
|
|
|
Caseys General Stores, Inc.(a)
|
|
|
37,700
|
|
|
|
1,696,500
|
|
SUPERVALU, Inc.(a)
|
|
|
323,100
|
|
|
|
2,778,660
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4,475,160
|
|
|
|
|
|
|
|
|
|
|
Food Products 5.7%
|
|
|
|
|
|
|
|
|
Hormel Foods Corp.
|
|
|
280,500
|
|
|
|
8,126,085
|
|
The J.M. Smucker Co.(a)
|
|
|
37,805
|
|
|
|
2,945,766
|
|
Lancaster Colony Corp.(a)
|
|
|
47,200
|
|
|
|
2,838,136
|
|
McCormick & Co., Inc.(a)
|
|
|
74,300
|
|
|
|
3,614,695
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
17,524,682
|
|
|
|
|
|
|
|
|
|
|
Gas Utilities 10.9%
|
|
|
|
|
|
|
|
|
Atmos Energy Corp.(a)
|
|
|
92,000
|
|
|
|
3,075,560
|
|
Energen Corp.(a)
|
|
|
61,700
|
|
|
|
3,628,577
|
|
National Fuel Gas Co.(a)
|
|
|
64,700
|
|
|
|
4,682,986
|
|
New Jersey Resources Corp.
|
|
|
122,700
|
|
|
|
5,350,947
|
|
Northwest Natural Gas Co.(a)
|
|
|
80,400
|
|
|
|
3,586,644
|
|
Piedmont Natural Gas Co., Inc.(a)
|
|
|
99,400
|
|
|
|
2,899,498
|
|
South Jersey Industries, Inc.(a)
|
|
|
79,500
|
|
|
|
4,014,750
|
|
UGI Corp.(a)
|
|
|
105,000
|
|
|
|
3,181,500
|
|
WGL Holdings, Inc.
|
|
|
80,100
|
|
|
|
3,108,681
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
33,529,143
|
|
|
|
|
|
|
|
|
|
|
Health Care Equipment & Supplies 1.5%
|
|
|
|
|
|
|
|
|
Meridian Bioscience, Inc.
|
|
|
63,500
|
|
|
|
1,371,600
|
|
Teleflex, Inc.
|
|
|
51,600
|
|
|
|
3,107,868
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4,479,468
|
|
|
|
|
|
|
|
|
|
|
Household Durables 3.9%
|
|
|
|
|
|
|
|
|
Fortune Brands, Inc.(a)
|
|
|
29,000
|
|
|
|
1,746,090
|
|
Leggett & Platt, Inc.(a)
|
|
|
142,033
|
|
|
|
3,082,116
|
|
Stanley Black & Decker, Inc.(a)
|
|
|
107,400
|
|
|
|
7,063,698
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
11,891,904
|
|
|
|
|
|
|
|
|
|
|
Industrial Conglomerates 0.7%
|
|
|
|
|
|
|
|
|
Raven Industries, Inc.
|
|
|
41,300
|
|
|
|
2,181,879
|
|
|
|
|
|
|
|
|
|
|
Insurance 6.2%
|
|
|
|
|
|
|
|
|
Arthur J. Gallagher & Co.
|
|
|
107,500
|
|
|
|
3,022,900
|
|
Cincinnati Financial Corp.
|
|
|
186,642
|
|
|
|
5,100,926
|
|
Erie Indemnity Co., Class A
|
|
|
65,000
|
|
|
|
4,790,500
|
|
Harleysville Group, Inc.
|
|
|
47,200
|
|
|
|
1,426,384
|
|
Mercury General Corp.
|
|
|
57,300
|
|
|
|
2,128,122
|
|
Old Republic International Corp.
|
|
|
233,100
|
|
|
|
2,433,564
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
18,902,396
|
|
|
|
|
|
|
|
|
|
|
Leisure Equipment & Products 2.3%
|
|
|
|
|
|
|
|
|
Polaris Industries, Inc.(a)
|
|
|
60,500
|
|
|
|
7,172,275
|
|
|
|
|
|
|
|
|
|
|
Machinery 5.8%
|
|
|
|
|
|
|
|
|
Badger Meter, Inc.
|
|
|
59,000
|
|
|
|
2,152,910
|
|
Dover Corp.(a)
|
|
|
55,500
|
|
|
|
3,356,085
|
|
Graco, Inc.
|
|
|
41,400
|
|
|
|
1,818,702
|
|
NACCO Industries, Inc., Class A
|
|
|
26,200
|
|
|
|
2,381,056
|
|
Pentair, Inc.(a)
|
|
|
146,800
|
|
|
|
5,403,708
|
|
Tennant Co.
|
|
|
61,502
|
|
|
|
2,632,901
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
17,745,362
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares
|
|
|
Value
|
|
Common Stocks
|
|
|
|
|
|
|
|
|
Media 0.4%
|
|
|
|
|
|
|
|
|
Meredith Corp.
|
|
|
43,300
|
|
|
$
|
1,292,505
|
|
|
|
|
|
|
|
|
|
|
Multiline Retail 0.9%
|
|
|
|
|
|
|
|
|
Family Dollar Stores, Inc.(a)
|
|
|
52,400
|
|
|
|
2,782,964
|
|
|
|
|
|
|
|
|
|
|
Multi-Utilities 6.1%
|
|
|
|
|
|
|
|
|
Black Hills Corp.(a)
|
|
|
57,800
|
|
|
|
1,727,064
|
|
Integrys Energy Group, Inc.(a)
|
|
|
77,300
|
|
|
|
3,881,233
|
|
MDU Resources Group, Inc.
|
|
|
187,100
|
|
|
|
4,033,876
|
|
NSTAR(a)
|
|
|
137,800
|
|
|
|
6,108,674
|
|
Vectren Corp.
|
|
|
108,650
|
|
|
|
2,869,448
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
18,620,295
|
|
|
|
|
|
|
|
|
|
|
Real Estate Investment Trusts (REITs) 9.7%
|
|
|
|
|
|
|
|
|
Federal Realty Investment Trust
|
|
|
37,600
|
|
|
|
3,283,984
|
|
Getty Realty Corp.
|
|
|
90,800
|
|
|
|
2,106,560
|
|
Home Properties, Inc.
|
|
|
69,800
|
|
|
|
4,573,296
|
|
Liberty Property Trust
|
|
|
62,400
|
|
|
|
2,119,104
|
|
National Retail Properties, Inc.
|
|
|
89,700
|
|
|
|
2,250,573
|
|
Realty Income Corp.
|
|
|
70,318
|
|
|
|
2,282,522
|
|
Sovran Self Storage, Inc.(a)
|
|
|
37,880
|
|
|
|
1,536,034
|
|
Tanger Factory Outlet Centers
|
|
|
66,100
|
|
|
|
1,814,445
|
|
UDR, Inc.
|
|
|
145,100
|
|
|
|
3,817,581
|
|
Universal Health Realty Income Trust
|
|
|
34,125
|
|
|
|
1,406,291
|
|
Washington REIT
|
|
|
63,300
|
|
|
|
2,026,866
|
|
Weingarten Realty Investors
|
|
|
94,600
|
|
|
|
2,433,112
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
29,650,368
|
|
|
|
|
|
|
|
|
|
|
Semiconductors & Semiconductor Equipment 1.4%
|
|
|
|
|
|
|
|
|
Linear Technology Corp.(a)
|
|
|
149,900
|
|
|
|
4,392,070
|
|
|
|
|
|
|
|
|
|
|
Tobacco 1.9%
|
|
|
|
|
|
|
|
|
Universal Corp.(a)
|
|
|
71,500
|
|
|
|
2,625,480
|
|
Vector Group Ltd.
|
|
|
190,545
|
|
|
|
3,336,443
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5,961,923
|
|
|
|
|
|
|
|
|
|
|
Trading Companies & Distributors 0.9%
|
|
|
|
|
|
|
|
|
Fastenal Co.(a)
|
|
|
80,100
|
|
|
|
2,695,365
|
|
|
|
|
|
|
|
|
|
|
Water Utilities 3.1%
|
|
|
|
|
|
|
|
|
American States Water Co.
|
|
|
31,925
|
|
|
|
1,091,516
|
|
Aqua America, Inc.(a)
|
|
|
239,900
|
|
|
|
5,073,885
|
|
California Water Service Group
|
|
|
65,118
|
|
|
|
1,192,311
|
|
Middlesex Water Co.
|
|
|
66,600
|
|
|
|
1,218,114
|
|
SJW Corp.
|
|
|
44,100
|
|
|
|
1,037,227
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
9,613,053
|
|
|
|
|
|
|
|
|
|
|
Total Long-Term Investments
(Cost $290,004,221) 95.9%
|
|
|
|
|
|
|
294,534,718
|
|
|
|
|
|
|
|
|
|
|
Short-Term Securities
|
|
|
|
|
|
|
|
|
BlackRock Liquidity Funds, TempFund, Institutional Class,
|
|
|
|
|
|
|
|
|
0.06%(b)(c)
|
|
|
12,205,379
|
|
|
|
12,205,379
|
|
|
|
|
|
|
|
|
|
|
Total Short-Term Securities
(Cost $12,205,379) 4.0%
|
|
|
|
|
|
|
12,205,379
|
|
|
|
|
|
|
|
|
|
|
Total Investments Before Outstanding Options Written
(Cost $302,209,600*) 99.9%
|
|
|
|
|
|
|
306,740,097
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Contracts
|
|
|
|
|
Options Written
|
|
|
|
|
|
|
|
|
Exchange-Traded Call Options Written (0.1)%
|
|
|
|
|
|
|
|
|
Aqua America, Inc., Strike Price USD 22.50, Expires 8/22/11
|
|
|
165
|
|
|
|
(1,650
|
)
|
Atmos Energy Corp., Strike Price USD 35, Expires 9/19/11
|
|
|
184
|
|
|
|
(20,240
|
)
|
Avery Dennison Corp., Strike Price USD 32.50, Expires 9/23/11
|
|
|
154
|
|
|
|
(12,012
|
)
|
Bancorpsouth, Inc., Strike Price USD 13, Expires 8/22/11
|
|
|
240
|
|
|
|
(18,609
|
)
|
Bemis Co., Inc., Strike Price USD 32.90, Expires 8/01/11
|
|
|
140
|
|
|
|
|
|
Black Hills Corp., Strike Price USD 31, Expires 8/09/11
|
|
|
115
|
|
|
|
(1,439
|
)
|
Caseys General Stores, Inc., Strike Price USD 45, Expires 8/22/11
|
|
|
75
|
|
|
|
(7,313
|
)
|
Community Bank System, Inc., Strike Price USD 25, Expires 9/19/11
|
|
|
135
|
|
|
|
(12,825
|
)
|
Cullen/Frost Bankers, Inc., Strike Price USD 57, Expires 8/05/11
|
|
|
190
|
|
|
|
(285
|
)
|
Dover Corp., Strike Price USD 66, Expires 8/31/11
|
|
|
110
|
|
|
|
(4,410
|
)
|
Eaton Vance Corp., Strike Price USD 30, Expires 8/22/11
|
|
|
331
|
|
|
|
(4,965
|
)
|
Energen Corp., Strike Price USD 60, Expires 8/22/11
|
|
|
123
|
|
|
|
(13,530
|
)
|
Family Dollar Stores, Inc., Strike Price USD 53.50, Expires 8/22/11
|
|
|
105
|
|
|
|
(7,543
|
)
|
Fastnel Co., Strike Price USD 34.50, Expires 9/23/11
|
|
|
160
|
|
|
|
(13,649
|
)
|
Federated Investors, Inc., Class B, Strike Price USD 22.50, Expires 9/19/11
|
|
|
215
|
|
|
|
(6,988
|
)
|
Fortune Brands, Inc., Strike Price USD 65, Expires 9/19/11
|
|
|
58
|
|
|
|
(2,900
|
)
|
Genuine Parts Co., Strike Price USD 57, Expires 9/12/11
|
|
|
65
|
|
|
|
(2,718
|
)
|
H&R Block, Inc., Strike Price USD 16, Expires 9/19/11
|
|
|
630
|
|
|
|
(18,900
|
)
|
Iberiabank Corp., Strike Price USD 55, Expires 8/22/11
|
|
|
47
|
|
|
|
(11,045
|
)
|
Integrys Energy Group, Inc., Strike Price USD 53.75, Expires 8/22/11
|
|
|
155
|
|
|
|
(2,037
|
)
|
The J.M. Smucker Co., Strike Price USD 80, Expires 8/22/11
|
|
|
75
|
|
|
|
(6,563
|
)
|
Lancaster Colony Corp., Strike Price USD 61.25, Expires 8/22/11
|
|
|
95
|
|
|
|
(6,026
|
)
|
Leggett & Platt, Inc., Strike Price USD 25, Expires 9/19/11
|
|
|
280
|
|
|
|
(2,100
|
)
|
Linear Technology Corp., Strike Price USD 33, Expires 8/22/11
|
|
|
300
|
|
|
|
(3,000
|
)
|
Martin Marietta Materials, Inc., Strike Price USD 80, Expires 9/19/11
|
|
|
87
|
|
|
|
(11,310
|
)
|
Masco Corp.:
|
|
|
|
|
|
|
|
|
Strike Price USD 13, Expires 8/22/11
|
|
|
240
|
|
|
|
(1,200
|
)
|
Strike Price USD 12, Expires 9/19/11
|
|
|
240
|
|
|
|
(3,000
|
)
|
McCormick & Co., Inc., Strike Price USD 50.50, Expires 8/22/11
|
|
|
150
|
|
|
|
(3,226
|
)
|
National Fuel Gas Co., Strike Price USD 75, Expires 8/22/11
|
|
|
130
|
|
|
|
(14,950
|
)
|
Northwest Natural Gas Co., Strike Price USD 45, Expires 8/22/11
|
|
|
159
|
|
|
|
(8,745
|
)
|
|
|
|
|
|
|
|
|
|
|
|
Contracts
|
|
|
Value
|
|
Options Written
|
|
|
|
|
|
|
|
|
Exchange-Traded Call Options Written (concluded)
|
|
|
|
|
|
|
|
|
NSTAR, Strike Price USD 45, Expires 8/22/11
|
|
|
106
|
|
|
$
|
(5,565
|
)
|
Pentair, Inc., Strike Price USD 40, Expires 9/19/11
|
|
|
290
|
|
|
|
(12,325
|
)
|
Piedmont Natural Gas Co., Inc., Strike Price USD 30, Expires 8/22/11
|
|
|
200
|
|
|
|
(17,000
|
)
|
Pitney Bowes, Inc., Strike Price USD 23, Expires 8/22/11
|
|
|
415
|
|
|
|
(3,113
|
)
|
Polaris Industries, Inc., Strike Price USD 120, Expires 9/19/11
|
|
|
120
|
|
|
|
(69,600
|
)
|
RPM International, Inc., Strike Price USD 23, Expires 9/19/11
|
|
|
150
|
|
|
|
(1,946
|
)
|
Sonoco Products Co., Strike Price USD 35, Expires 8/22/11
|
|
|
200
|
|
|
|
(3,000
|
)
|
South Jersey Industries, Inc., Strike Price USD 52, Expires 8/22/11
|
|
|
160
|
|
|
|
(7,087
|
)
|
Sovran Self Storage, Inc., Strike Price USD 40.50, Expires 8/22/11
|
|
|
75
|
|
|
|
(5,645
|
)
|
Stanley Black & Decker, Inc.:
|
|
|
|
|
|
|
|
|
Strike Price USD 72.50, Expires 8/22/11
|
|
|
115
|
|
|
|
(2,588
|
)
|
Strike Price USD 75, Expires 8/22/11
|
|
|
100
|
|
|
|
(1,500
|
)
|
SUPERVALU, Inc.:
|
|
|
|
|
|
|
|
|
Strike Price USD 9.50, Expires 8/02/11
|
|
|
325
|
|
|
|
(113
|
)
|
Strike Price USD 9.50, Expires 9/08/11
|
|
|
325
|
|
|
|
(5,681
|
)
|
UGI Corp., Strike Price USD 31, Expires 8/10/11
|
|
|
210
|
|
|
|
(3,630
|
)
|
Universal Corp.:
|
|
|
|
|
|
|
|
|
Strike Price USD 37.90, Expires 8/12/11
|
|
|
70
|
|
|
|
(2,031
|
)
|
Strike Price USD 40, Expires 8/22/11
|
|
|
75
|
|
|
|
(1,125
|
)
|
Valley National Bancorp, Strike Price USD 14, Expires 8/22/11
|
|
|
268
|
|
|
|
(2,680
|
)
|
Vulcan Materials, Strike Price USD 36, Expires 9/19/11
|
|
|
160
|
|
|
|
(17,200
|
)
|
|
|
|
|
|
|
|
|
|
Total Exchange-Traded Call Options Written
|
|
|
|
|
|
|
(385,007
|
)
|
|
|
|
|
|
|
|
|
|
Over-the-Counter Call Options Written (0.3)%
|
|
|
|
|
|
|
|
|
ABM Industries, Inc., Strike Price USD 22.73, Expires 8/05/11, Broker Citigroup Global Markets, Inc.
|
|
|
26,500
|
|
|
|
(3,627
|
)
|
American States Water Co., Strike Price USD 34.44, Expires 8/12/11, Broker Morgan Stanley & Co., Inc.
|
|
|
6,500
|
|
|
|
(1,712
|
)
|
AO Smith Corp., Strike Price USD 43.50, Expires 8/29/11, Broker Deutsche Bank Securities Corp.
|
|
|
10,500
|
|
|
|
(5,706
|
)
|
Aqua America, Inc.:
|
|
|
|
|
|
|
|
|
Strike Price USD 21.71, Expires 8/05/11, Broker Deutsche Bank Securities Corp.
|
|
|
16,500
|
|
|
|
(1,306
|
)
|
Strike Price USD 22.49, Expires 8/31/11, Broker Morgan Stanley & Co., Inc.
|
|
|
16,000
|
|
|
|
(2,360
|
)
|
Arthur J. Gallagher & Co., Strike Price USD 27.87, Expires 8/31/11, Broker Credit Suisse First Boston
|
|
|
21,500
|
|
|
|
(20,747
|
)
|
Badger Meter, Inc., Strike Price USD 37.20, Expires 9/24/11, Broker Citigroup Global Markets, Inc.
|
|
|
11,800
|
|
|
|
(19,696
|
)
|
Bancfirst Corp., Strike Price USD 39.58, Expires 9/23/11, Broker Citigroup Global Markets, Inc.
|
|
|
6,000
|
|
|
|
(5,212
|
)
|
Bank of Hawaii Corp., Strike Price USD 47.29, Expires 8/31/11, Broker Morgan Stanley & Co., Inc.
|
|
|
20,000
|
|
|
|
(4,891
|
)
|
Bank of the Ozarks, Inc., Strike Price USD 51.91, Expires 8/12/11, Broker Deutsche Bank Securities Corp.
|
|
|
8,700
|
|
|
|
(8,961
|
)
|
Bemis Co., Inc., Strike Price USD 34.10, Expires 9/23/11, Broker Morgan Stanley & Co., Inc.
|
|
|
5,000
|
|
|
|
(696
|
)
|
Brady Corp., Strike Price USD 32.40, Expires 9/14/11, Broker Deutsche Bank Securities Corp.
|
|
|
21,900
|
|
|
|
(5,973
|
)
|
California Water Service Group:
|
|
|
|
|
|
|
|
|
Strike Price USD 18.17, Expires 8/09/11, Broker Deutsche Bank Securities Corp.
|
|
|
6,000
|
|
|
|
(1,588
|
)
|
Strike Price USD 18.53, Expires 8/30/11, Broker Citigroup Global Markets, Inc.
|
|
|
7,000
|
|
|
|
(1,722
|
)
|
CenturyLink, Inc., Strike Price USD 39.62, Expires 9/08/11, Broker UBS Securities LLC
|
|
|
16,000
|
|
|
|
(3,728
|
)
|
Chemical Financial Corp., Strike Price USD 19.29, Expires 8/31/11, Broker Credit Suisse First Boston
|
|
|
11,200
|
|
|
|
(3,639
|
)
|
Cincinnati Financial Corp., Strike Price USD 28.78, Expires 9/08/11, Broker Societe General Securities Corp.
|
|
|
37,500
|
|
|
|
(10,829
|
)
|
Community Trust Bancorp, Inc., Strike Price USD 27.80, Expires 8/26/11, Broker Citigroup Global Markets, Inc.
|
|
|
8,100
|
|
|
|
(2,668
|
)
|
Diebold, Inc., Strike Price USD 31.96, Expires 8/01/11, Broker JPMorgan Chase Securities
|
|
|
17,300
|
|
|
|
(38
|
)
|
Erie Indemnity Co., Class A, Strike Price USD 70, Expires 8/03/11, Broker Morgan Stanley & Co., Inc.
|
|
|
13,000
|
|
|
|
(48,100
|
)
|
Federal Realty Investment Trust, Strike Price USD 87.60, Expires 8/08/11, Broker UBS Securities LLC
|
|
|
7,500
|
|
|
|
(9,086
|
)
|
Getty Realty Corp., Strike Price USD 26.82, Expires 8/19/11, Broker Morgan Stanley & Co., Inc.
|
|
|
18,200
|
|
|
|
(16
|
)
|
Graco, Inc., Strike Price USD 51.23, Expires 9/23/11, Broker Citigroup Global Markets, Inc.
|
|
|
8,000
|
|
|
|
(804
|
)
|
Harleysville Group, Inc., Strike Price USD 31.26, Expires 8/12/11, Broker Morgan Stanley & Co., Inc.
|
|
|
9,500
|
|
|
|
(668
|
)
|
Helmerich & Payne, Inc., Strike Price USD 61.21, Expires 8/02/11, Broker Morgan Stanley & Co.,
Inc.
|
|
|
13,000
|
|
|
|
(101,920
|
)
|
Hormel Foods Corp., Strike Price USD 28.81, Expires 8/24/11, Broker Morgan Stanley & Co., Inc.
|
|
|
56,000
|
|
|
|
(44,066
|
)
|
Liberty Property Trust, Strike Price USD 32.32, Expires 8/10/11, Broker Morgan Stanley & Co., Inc.
|
|
|
12,500
|
|
|
|
(22,948
|
)
|
McGrath Rentcorp, Strike Price USD 26.84, Expires 8/25/11, Broker Citigroup Global Markets, Inc.
|
|
|
10,500
|
|
|
|
(3,959
|
)
|
MDU Resources Group, Inc., Strike Price USD 22.13, Expires 9/13/11, Broker Deutsche Bank Securities Corp.
|
|
|
37,500
|
|
|
|
(23,009
|
)
|
Mercury General Corp., Strike Price USD 38.79, Expires 9/14/11, Broker Credit Suisse First Boston
|
|
|
11,500
|
|
|
|
(4,599
|
)
|
|
|
|
|
|
|
|
|
|
|
|
Contracts
|
|
|
Value
|
|
Options Written
|
|
|
|
|
|
|
|
|
Over-the-Counter Call Options Written (continued)
|
|
|
|
|
|
|
|
|
Meredith Corp., Strike Price USD 31.08, Expires 8/01/11, Broker Morgan Stanley & Co., Inc.
|
|
|
8,700
|
|
|
$
|
(295
|
)
|
Meridian Bioscience, Inc., Strike Price USD 26.49, Expires 8/31/11, Broker Morgan Stanley & Co., Inc.
|
|
|
12,700
|
|
|
|
(797
|
)
|
MGE Energy, Inc., Strike Price USD 41.15, Expires 8/02/11, Broker UBS Securities LLC
|
|
|
8,000
|
|
|
|
(1,535
|
)
|
Middlesex Water Co., Strike Price USD 18.59, Expires 8/26/11, Broker UBS Securities LLC
|
|
|
13,300
|
|
|
|
(4,123
|
)
|
Mine Safety Appliances Co., Strike Price USD 36.26, Expires 8/26/11, Broker Morgan Stanley & Co., Inc.
|
|
|
11,500
|
|
|
|
(2,413
|
)
|
Myers Industries, Inc., Strike Price USD 10.50, Expires 8/09/11, Broker Morgan Stanley & Co., Inc.
|
|
|
22,000
|
|
|
|
(30,800
|
)
|
NACCO Industries, Inc., Class A, Strike Price USD 101.41, Expires 9/12/11, Broker Deutsche Bank Securities
Corp.
|
|
|
5,200
|
|
|
|
(6,988
|
)
|
National Retail Properties, Inc., Strike Price USD 24.57, Expires 8/26/11, Broker UBS Securities LLC
|
|
|
18,000
|
|
|
|
(10,359
|
)
|
New Jersey Resources Corp.:
|
|
|
|
|
|
|
|
|
Strike Price USD 44.40, Expires 8/15/11, Broker Morgan Stanley & Co., Inc.
|
|
|
10,000
|
|
|
|
(2,910
|
)
|
Strike Price USD 44.59, Expires 8/24/11, Broker Morgan Stanley & Co., Inc.
|
|
|
14,500
|
|
|
|
(5,133
|
)
|
Northeast Utilities, Strike Price USD 34.90, Expires 9/13/11, Broker Deutsche Bank Securities Corp.
|
|
|
32,600
|
|
|
|
(12,002
|
)
|
NSTAR, Strike Price USD 46.90, Expires 9/06/11, Broker Deutsche Bank Securities Corp.
|
|
|
14,100
|
|
|
|
(1,415
|
)
|
Old Republic International Corp., Strike Price USD 12.26, Expires 8/12/11, Broker Morgan Stanley & Co.,
Inc.
|
|
|
46,500
|
|
|
|
|
|
Otter Tail Corp., Strike Price USD 22.22, Expires 9/14/11, Broker Morgan Stanley & Co., Inc.
|
|
|
11,500
|
|
|
|
(3,916
|
)
|
Raven Industries, Inc., Strike Price USD 51.19, Expires 8/12/11, Broker Citigroup Global Markets, Inc.
|
|
|
8,300
|
|
|
|
(20,436
|
)
|
Realty Income Corp., Strike Price USD 33.97, Expires 9/13/11, Broker Credit Suisse First Boston
|
|
|
14,000
|
|
|
|
(1,726
|
)
|
Roper Industries, Inc., Strike Price USD 81.68, Expires 8/02/11, Broker Goldman Sachs & Co.
|
|
|
14,000
|
|
|
|
(8,312
|
)
|
RPM International, Inc., Strike Price USD 23.25, Expires 8/26/11, Broker Credit Suisse First Boston
|
|
|
15,000
|
|
|
|
(3,096
|
)
|
S&T Bancorp, Inc., Strike Price USD 19.01, Expires 8/31/11, Broker Morgan Stanley & Co., Inc.
|
|
|
6,200
|
|
|
|
(2,607
|
)
|
SJW Corp., Strike Price USD 24.25, Expires 9/12/11, Broker Morgan Stanley & Co., Inc.
|
|
|
8,800
|
|
|
|
(3,328
|
)
|
Stepan Co., Strike Price USD 65.49, Expires 8/15/11, Broker Citigroup Global Markets, Inc.
|
|
|
4,800
|
|
|
|
(66,278
|
)
|
Tanger Factory Outlet Centers, Strike Price USD 27.54, Expires 8/19/11, Broker Credit Suisse First Boston
|
|
|
13,500
|
|
|
|
(13,537
|
)
|
Teleflex, Inc., Strike Price USD 62.54, Expires 9/09/11, Broker Morgan Stanley & Co., Inc.
|
|
|
10,500
|
|
|
|
(13,535
|
)
|
Tennant Co., Strike Price USD 40.62, Expires 8/26/11, Broker UBS Securities LLC
|
|
|
12,300
|
|
|
|
(38,338
|
)
|
Trustmark Corp., Strike Price USD 23.38, Expires 8/02/11, Broker Morgan Stanley & Co., Inc.
|
|
|
12,000
|
|
|
|
|
|
UDR, Inc., Strike Price USD 25.39, Expires 8/26/11, Broker Citigroup Global Markets, Inc.
|
|
|
29,000
|
|
|
|
(28,751
|
)
|
Universal Health Realty Income Trust, Strike Price USD 39.79, Expires 8/12/11, Broker Morgan Stanley & Co.,
Inc.
|
|
|
6,800
|
|
|
|
(10,304
|
)
|
Vector Group Ltd., Strike Price USD 18.33, Expires 9/09/11, Broker Deutsche Bank Securities Corp.
|
|
|
38,200
|
|
|
|
(9,176
|
)
|
Vectren Corp.:
|
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Strike Price USD 28.18, Expires 8/12/11, Broker Morgan Stanley & Co., Inc.
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9,000
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(1,830
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)
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Strike Price USD 28.25, Expires 8/15/11, Broker Barclays Capital, Inc.
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13,000
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(961
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)
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Washington REIT, Strike Price USD 31.46, Expires 8/10/11, Broker Deutsche Bank Securities Corp.
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12,600
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(9,992
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)
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Weingarten Realty Investors, Strike Price USD 25.70, Expires 8/05/11, Broker Citigroup Global Markets, Inc.
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19,000
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(5,388
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)
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WesBanco, Inc., Strike Price USD 19.83, Expires 8/02/11, Broker Morgan Stanley & Co., Inc.
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12,000
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(8,735
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)
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WGL Holdings, Inc., Strike Price USD 37.65, Expires 8/08/11, Broker Morgan Stanley & Co., Inc.
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16,000
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(19,326
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)
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Total Over-the-Counter Call Options Written
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(712,616
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)
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Total Options Written (Premiums Received $1,494,269) (0.4)%
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(1,097,623
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)
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Total Investments Net of Outstanding Options Written 99.5%
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305,642,474
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Other Assets Less Liabilities 0.5%
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1,474,506
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Net Assets 100.0%
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$
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307,116,980
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