| Security | CUSIP | Shares | Traded Market Value | % of Holding ↓ |
| BANC OF AMER VRN 12/31/49 | 992008FT4 | 285,600,000 | $285,600,000.00 | 3.50% |
| FEDERATED PRIME CASH | 990060GE9 | 250,000,000 | $250,000,000.00 | 3.06% |
| FEDERATED PRIME OBLIG. | 990060GF6 | 250,000,000 | $250,000,000.00 | 3.06% |
| DREYFUS CASH MGMT | 26188J206 | 248,458,334 | $248,458,334.00 | 3.04% |
| FHLMC DN 01/12/09 | 313397AM3 | 150,000,000 | $149,370,000.00 | 1.83% |
| BMW US CAPTL CP 11/03/08 | 0556C2L35 | 118,440,000 | $118,438,354.99 | 1.45% |
| NEW YORK LIF VRN 05/13/09 | 64952WAN3 | 100,000,000 | $100,000,000.00 | 1.22% |
| ROYAL BANK 2.84 11/17/08 | 78010GGR3 | 100,000,000 | $99,968,794.36 | 1.22% |
| FHLB DISOUNT NT 01/05/09 | 313385AE6 | 100,000,000 | $99,584,722.22 | 1.22% |
| US BANK 2.64 11/21/08 | 90331JHU6 | 97,900,000 | $97,900,000.00 | 1.20% |
| BNP PARIBAS TIME DEPOSIT | 9926549F2 | 90,267,325 | $90,267,325.61 | 1.10% |
| SCOIETE GENERALE TIME DEP | 9926539F4 | 90,201,784 | $90,201,784.15 | 1.10% |
| PNC BANK NA VRN 12/29/08 | 69347KHY1 | 90,000,000 | $89,958,848.23 | 1.10% |
| TOYOTA MTR VRN 02/12/09 | 89233PR73 | 85,000,000 | $85,000,000.00 | 1.04% |
| CBA DE FIN CP 11/04/08 | 12478JL46 | 85,000,000 | $84,982,291.66 | 1.04% |
| CATERPILLAR CP 11/13/08 | 14912DLD9 | 85,000,000 | $84,950,416.68 | 1.04% |
| GEN ELECTRIC CP 11/19/08 | 36960LLK9 | 80,000,000 | $79,942,000.00 | 0.98% |
| JOHN DEERE CA CP 11/24/08 | 24422LLQ4 | 80,000,000 | $79,913,111.11 | 0.98% |
| SANTAND CENT CP 11/20/08 | 80281JLL2 | 80,000,000 | $79,861,088.89 | 0.97% |
| SANTAND CEN CP 11/28/08 | 80281JLU2 | 80,000,000 | $79,850,000.00 | 0.97% |
| BRANCH BKG 2.835 01/30/09 | 10513H2Q3 | 75,000,000 | $75,000,000.00 | 0.91% |
| RABOBANK NED VRN 01/15/09 | 74977RAP9 | 75,000,000 | $74,995,395.91 | 0.91% |
| ALABAMA POWER CP 11/25/08 | 01039LLR5 | 75,000,000 | $74,917,500.00 | 0.91% |
| BNP PARIBAS CP 12/15/08 | 0556N0MF9 | 75,000,000 | $74,741,500.00 | 0.91% |
| TOYOTA MOTO VRN 06/02/09 | 89233PW51 | 71,700,000 | $71,700,000.00 | 0.87% |
| COMMOM W BK VRN 06/04/09 | 2027A0CF4 | 71,000,000 | $71,000,000.00 | 0.87% |
| WELLS FARGO VRN 08/19/09 | 94974Q6K8 | 70,000,000 | $70,000,000.00 | 0.85% |
| EKSPORTFINA VRN 08/13/09 | 28264QK29 | 70,000,000 | $70,000,000.00 | 0.85% |
| SUNTRUST NOTE VR 09/30/09 | SNA000LB2 | 70,000,000 | $70,000,000.00 | 0.85% |
| EURO INVEST CP 11 19 08 | 29878RLK2 | 70,000,000 | $69,921,775.00 | 0.85% |
| STI MORTGAGE REPO (DEUT) | STIREPOMD | 67,418,640 | $67,418,640.55 | 0.82% |
| TORONTO DOM CP 11/03/08 | 89116EL35 | 65,000,000 | $64,996,280.56 | 0.79% |
| GEN ELEC CAP CP 11/04/08 | 36959RL45 | 65,000,000 | $64,986,458.33 | 0.79% |
| JOHN DEERE CP 11/21/08 | 24422LLM3 | 65,000,000 | $64,925,972.22 | 0.79% |
| FNM DISCOUNT NT 01/14/09 | 313589AP8 | 65,000,000 | $64,714,072.23 | 0.79% |
| CME GROUP INC CP 11 05 08 | 12572JL58 | 60,000,000 | $59,985,000.00 | 0.73% |
| NEW YORK VRN 09/04/09 | 64952WAQ6 | 58,500,000 | $58,500,000.00 | 0.71% |
| BP AMI LEAS VRN 06/26/09 | 05569AAA7 | 57,000,000 | $57,001,856.19 | 0.69% |
| STI TREAS REPO (HSBC) | STIREPOMH | 56,439,932 | $56,439,932.74 | 0.69% |
| JOHN DEERE CA CP 11/07/08 | 24422LL76 | 55,000,000 | $54,980,625.00 | 0.67% |
| CONOCOPHILLPS CP 11/17/08 | 2082M2LH8 | 55,000,000 | $54,951,111.10 | 0.67% |
| STI PARIBAS MORTGAGE REPO | STIREPOMP | 53,932,226 | $53,932,226.99 | 0.66% |
| ASTRAZENECA CP 03/13/09 | 04635PQD4 | 54,000,000 | $53,505,000.00 | 0.65% |
| TORONTO 2.83 11/20/08 | 8911A3NB4 | 52,800,000 | $52,800,275.33 | 0.64% |
| CITIBANK CD 2.75 11/26/08 | 1730D1TQ7 | 51,500,000 | $51,500,000.00 | 0.63% |
| GEN ELECT 3.125 04/01/09 | 36962GH49 | 50,000,000 | $50,081,338.41 | 0.61% |
| WESPAC BAN 3.455 06/18/09 | 9612C4AE1 | 50,000,000 | $50,003,074.64 | 0.61% |
| TORONTO DOM 2.93 02/06/09 | 8911A3QU9 | 50,000,000 | $50,001,327.41 | 0.61% |
| NORDEA BK 2.96 01/08/09 | 65556E6J4 | 50,000,000 | $50,000,930.42 | 0.61% |
| ROYAL BK 2.96 11/03/08 | 78010GET1 | 50,000,000 | $50,000,482.31 | 0.61% |
| ROYAL BANK 2.69 11/14/08 | 78009JJT3 | 50,000,000 | $50,000,179.29 | 0.61% |
| RABOBANK VRN 08/04/09 | 74977RBJ2 | 50,000,000 | $50,000,000.00 | 0.61% |
| PROC & GAMB VRN 02/19/09 | 742732AA8 | 50,000,000 | $50,000,000.00 | 0.61% |
| LLOYDS TSB 2.90 01/20/09 | 53943YHR8 | 50,000,000 | $50,000,000.00 | 0.61% |
| SAN PAOLO 3.08 01/09/09 | 46522EUQ2 | 50,000,000 | $50,000,000.00 | 0.61% |
| FED HOME LN VRN 11/04/08 | 3133XMS93 | 50,000,000 | $50,000,000.00 | 0.61% |
| SOC GEN 2.92 12/01/08 | 8336P2J58 | 50,000,000 | $50,000,000.00 | 0.61% |
| TOYOTA MTR VRN 09/11/09 | 89233P2G0 | 50,000,000 | $50,000,000.00 | 0.61% |
| CREDIT SUIS 3.10 01/27/09 | 22550CKV2 | 50,000,000 | $50,000,000.00 | 0.61% |
| AMERICAN HD VRN 04/02/09 | 02666QB51 | 50,000,000 | $50,000,000.00 | 0.61% |
| ASB FIN VRN CD 07/13/09 | 0020P5AC3 | 50,000,000 | $50,000,000.00 | 0.61% |
| BK NOVA SCO 2.88 02/25/09 | 06416MTA4 | 50,000,000 | $50,000,000.00 | 0.61% |
| CME GROUP CP 11/03/08 | 12572JL33 | 50,000,000 | $49,998,611.11 | 0.61% |
| HSBC BK CD 3.12 12/15/08 | PPEC0AK52 | 50,000,000 | $49,996,324.72 | 0.61% |
| DNB NOR BANK CP 11/03/08 | 2332K0L34 | 50,000,000 | $49,992,333.33 | 0.61% |
| JOHNSON&JOHNS CP 11/17/08 | 47816FLH2 | 50,000,000 | $49,988,888.88 | 0.61% |
| SAN PAOLO IMI CP 11 05 08 | 79917JL51 | 50,000,000 | $49,984,877.78 | 0.61% |
| NOVARTIS FIN CP 11/14/08 | 6698M4LE0 | 50,000,000 | $49,969,305.56 | 0.61% |
| ING US FDG CP 11/10/08 | 4497W0LA4 | 50,000,000 | $49,967,687.50 | 0.61% |
| WESTPAC BANK CP 11/10/08 | 9612C0LA5 | 50,000,000 | $49,965,875.00 | 0.61% |
| CALYON NA INC CP 11/12/08 | 13170RLC9 | 50,000,000 | $49,959,513.89 | 0.61% |
| NOVARTIS FIN CP 11 18 08 | 6698M4LJ9 | 50,000,000 | $49,946,875.00 | 0.61% |
| SWISS RE TREA CP 11/17/08 | 8708EMLH7 | 50,000,000 | $49,938,888.89 | 0.61% |
| CME GROUP INC CP 11/19/08 | 12572JLK5 | 50,000,000 | $49,935,000.00 | 0.61% |
| BARLAYS FDG CP 11/28/08 | 06737HLU1 | 50,000,000 | $49,889,750.00 | 0.61% |
| ING FUNDING CP 12/02/08 | 4497W0M21 | 50,000,000 | $49,879,659.72 | 0.61% |
| BNP PARIBAS CP 12/12/08 | 0556N0MC6 | 50,000,000 | $49,843,402.78 | 0.61% |
| UNILEVER CAP CP 12/19/08 | 90477DMK9 | 50,000,000 | $49,813,333.33 | 0.61% |
| CONOCOPHILLI CP 11/03/08 | 2082M2L39 | 49,806,000 | $49,805,363.59 | 0.61% |
| SAN PAOLO IMI CP 12/17/08 | 79917JMH4 | 50,000,000 | $49,800,027.75 | 0.61% |
| CAN IMP BK 2.83 11/26/08 | 13606XAA6 | 45,300,000 | $45,300,312.36 | 0.55% |
| HSBC BANK 3.04 02/27/09 | 40428AXJ1 | 45,000,000 | $45,002,905.16 | 0.55% |
| DEXIA CRE 2.68 11/18/08 | 25213E7A1 | 45,000,000 | $45,000,105.72 | 0.55% |
| SOCIETE GE VRCD 03/02/09 | 8336P22T4 | 45,000,000 | $45,000,000.00 | 0.55% |
| US BANK NA 2.95 02/06/09 | 90331JJK6 | 45,000,000 | $45,000,000.00 | 0.55% |
| US BANK NA 2.89 01/20/09 | 90331JJL4 | 45,000,000 | $45,000,000.00 | 0.55% |
| NORDIA BK 2.63 12/05/08 | 65556E5K2 | 45,000,000 | $45,000,000.00 | 0.55% |
| LLOYDS TSB 2.62 11/07/08 | 53943YLN2 | 45,000,000 | $45,000,000.00 | 0.55% |
| CATERP FIN CP 11/04/08 | 14912DL49 | 45,000,000 | $44,993,250.00 | 0.55% |
| PROC&GAMB INT CP 11/06/08 | 74273LL63 | 45,000,000 | $44,991,562.50 | 0.55% |
| CONOCOPHILLPS CP 11/06/08 | 2082M2L62 | 45,000,000 | $44,988,125.00 | 0.55% |
| NOKIA CORP CP 11 07 08 | 65528XL76 | 45,000,000 | $44,976,000.00 | 0.55% |
| JP MORGAN CP 11/10/08 | 4662J0LA8 | 45,000,000 | $44,972,775.00 | 0.55% |
| PROCTR & GAMB CP 11 12 08 | 74271TLC5 | 45,000,000 | $44,970,437.50 | 0.55% |
| AMER HONDA CP 11/18/08 | 02665JLJ7 | 45,000,000 | $44,954,312.50 | 0.55% |
| ROYAL BK OF C CP 11/26/08 | 78009ALS1 | 45,000,000 | $44,931,718.75 | 0.55% |
| BANK NOVA SCOTIA 11 25 08 | 06416JLR2 | 45,000,000 | $44,919,900.00 | 0.55% |
| NOKIA CORP CP 12/03/08 | 65528XM34 | 45,000,000 | $44,902,800.00 | 0.55% |
| DANSKE CORP CP 12 03 08 | 2363F6M31 | 45,000,000 | $44,891,200.00 | 0.55% |
| ROYAL BK CAN CP 12 09 08 | 78009AM92 | 45,000,000 | $44,875,075.00 | 0.55% |
| ING FUNDING CP 01 05 09 | 4497W0N53 | 45,000,000 | $44,767,625.00 | 0.54% |
| DNB NOR BNK CP 01/14/09 | 2332K0NE8 | 45,000,000 | $44,735,450.00 | 0.54% |
| GEN ELECTRIC CP 02/09/09 | 36959HP92 | 45,000,000 | $44,661,250.00 | 0.54% |
| SWISS RE TREA US 02 20 09 | 8708EMPL4 | 45,000,000 | $44,575,425.00 | 0.54% |
| HSBC USA INC CP 03/10/09 | 40427RQA2 | 45,000,000 | $44,524,312.50 | 0.54% |
| DNB NORBANK CP 03/13/09 | 2332K0QD7 | 45,000,000 | $44,511,600.00 | 0.54% |
| PNC BANK NA CP 03 05 09 | 69349JQ55 | 44,300,000 | $43,845,285.11 | 0.53% |
| HSBC USA INC CP 11/12/08 | 40427RLC3 | 42,925,000 | $42,891,291.95 | 0.52% |
| LLOYDS TSB CP 11/24/08 | 53943RLQ0 | 40,525,000 | $40,446,032.53 | 0.49% |
| IBM CAPITAL CP 11/25/08 | 4492H2LR1 | 40,267,000 | $40,226,733.00 | 0.49% |
| CATRPILLR INC CP 11 07 08 | 14912PL75 | 40,073,000 | $40,058,974.45 | 0.49% |
| TORONTO DO 1.51 12/01/08 | 8911A3VL3 | 40,000,000 | $40,000,332.89 | 0.49% |
| NORDEA N AMERICA 11 05 08 | 6555P0L56 | 40,000,000 | $39,988,177.78 | 0.49% |
| SANTAND CENT CP 11/12/08 | 80281JLC2 | 40,000,000 | $39,975,555.56 | 0.49% |
| SIEMENS CAP CP 11/26/08 | 82619TLS4 | 40,000,000 | $39,966,388.89 | 0.49% |
| SIEMENS CAPTL CP 11/21/08 | 82619TLM7 | 40,000,000 | $39,961,777.78 | 0.49% |
| HSBC USA CP 11/20/08 | 40427RLL3 | 40,000,000 | $39,945,111.11 | 0.48% |
| GREENWICH CAP CP 01 15 09 | 3967X0NF3 | 40,000,000 | $39,747,500.00 | 0.48% |
| WESTPAC BNKG VRN 05/26/09 | 96121FFC7 | 38,000,000 | $37,994,682.07 | 0.46% |
| LLOYDS TSB BK CP 11/03/08 | 53943RL31 | 35,000,000 | $34,999,047.22 | 0.42% |
| COLGATE PALM CP 11/24/08 | 19416ELQ8 | 35,000,000 | $34,979,875.00 | 0.42% |
| SWISS RE TRES CP 02/02/09 | 8708EMP26 | 35,000,000 | $34,727,845.83 | 0.42% |
| EXPORT DEV CP 03/05/09 | 30215GQ54 | 35,000,000 | $34,680,527.77 | 0.42% |
| NOVARTIS FIN CP 11/03/08 | 6698M4L34 | 33,600,000 | $33,596,826.67 | 0.41% |
| ROYAL BK VRCD 03/05/09 | 78010GQV3 | 31,500,000 | $31,500,000.00 | 0.38% |
| WACHOVIA 3.625 02/17/09 | 929903AD4 | 30,000,000 | $30,008,571.43 | 0.36% |
| TORONTO DOM 2.95 01/21/09 | 8911A3SF0 | 30,000,000 | $30,000,666.67 | 0.36% |
| ING FDG CP 03/06/09 | 4497W0Q68 | 30,000,000 | $29,689,583.34 | 0.36% |
| NOKIA CORP CP 11/17/08 | 65528XLH4 | 27,000,000 | $26,979,600.00 | 0.33% |
| STI MORTGAGE REPO-WARBURG | STIREPOMW | 26,499,170 | $26,499,170.98 | 0.32% |
| WACHOVIA BNK CD 01/12/09 | 92976EMB9 | 25,000,000 | $25,000,000.00 | 0.30% |
| BMW US CAPITA CP 11/12/08 | 0556C2LC5 | 25,000,000 | $24,987,548.61 | 0.30% |
| FHLB 2.65 06/04/09 | 3133XRGC8 | 25,000,000 | $24,979,843.75 | 0.30% |
| BASF SE CP 11/04/08 | 05526LL47 | 20,000,000 | $19,996,583.33 | 0.24% |
| PACCAR FINANCIAL - CP | 69372ALD2 | 20,000,000 | $19,985,666.67 | 0.24% |
| AMER HONDA CP 11/14/08 | 02665JLE8 | 20,000,000 | $19,984,472.22 | 0.24% |
| EMERSON ELEC CP 11/17/08 | 29101ALH5 | 18,751,000 | $18,737,249.27 | 0.22% |
| SHEFFIELD REC CP 11/03/08 | 82124LL34 | 18,354,000 | $18,353,745.09 | 0.22% |
| NARO 2008 2.7858 06/15/09 | 65475XAA4 | 17,801,207 | $17,801,207.21 | 0.21% |
| CONCENTRATE CP 11 07 08 | 20601SL72 | 15,000,000 | $14,994,875.00 | 0.18% |
| FORD CREDIT VRN, 05/15/09 | 34528YAA5 | 10,174,753 | $10,174,753.97 | 0.12% |
| WORLD OMNI 2.922 03/16/09 | 98156TAA0 | 3,012,808 | $3,012,808.46 | 0.03% |
| Total Fund Assets | | | $8,154,088,198.96 | 100.00% |
