UNIVERSITY OF CALIFORNIA RETIREMENT PLAN

PRIVATE EQUITY
December 31, 2004
ISSUER

SHARES

ACCEL VIII
99,541
AIG ASIAN INFRASTRUCTURE
501,235
AIG ASIAN INFRASTRUCTURE II
547,528
AIG GE CAP LATIN AMER
728,078
AIG INDIAN SEC. EQUITY
89,698
ALTA S D III
74,000
ARCH VENTURE FUND VI
13,688
ARSENAL CAPITAL PARTNERS QPF
100,722
BAIN CAPITAL FUND VIII
153,300
BAIN CAPITAL FUND VIII COINVESTM
13,505
BLACKSTONE CAPITAL PARTNERS IV
177,795
CHINA VEST IV
146,000
CLEARSTONE VENTURE PARTNERS IIIA
14,000
DARWIN VENTURE CAPITAL FUND
2,359
DE NOVO VENTURES II LP
34,509
DOLL CAPITAL MANAGEMENT
7,300
DOMAIN PARTNERS VI, LP
10,353
FORTRESS INVESTMENT FUND III LP
7,826
FREMONT PARTNERS III LP
60,555
GENSTAR CAPITAL PARTNERS IV, L.P
5,125
GLENCOE CAPITAL INSTITUTIONAL PA
7,097
GLENCOE CAPITAL PARTNERS III LP
30,003
GLOBESPAN CAPITAL PARTNERS IV
31,224
GOLDER THOMA CRESSEY III
127,275
GOLDER THOMA CRESSEY IV
179,848
GOLDER THOMA CRESSEY V
280,218
GRANITE GLOBAL VENTURES II, L.P.
17,500
HUMMER WINBLAD III
70,155
INSTITUTIONAL VENTURE IV
106,440
INSTITUTIONAL VENTURE V
97,137
INSTITUTIONAL VENTURE VI
82,900
INSTITUTIONAL VENTURE VII
125,790
INSTITUTIONAL VENTURE VIII
211,058
INTERSOUTH PARTNERS V
131,400
INTERSOUTH PARTNERS VI, L.P.
24,420
INTERWEST PARTNERS IV
85,600
INTERWEST PARTNERS V
124,680
INTERWEST PARTNERS VI
106,004
INTERWEST PARTNERS VII
106,554
INTERWEST PARTNERS VIII
315,000
INVERNESS PARTNERS II L.P.
31,993
INVESTMENT CO OF CHINA
940,000
KELSO INVESTMENT ASSOCIATES VII
6,087
KODIAK VENTURE PARTNERS III
10,507
KPCBUCRS
675,025
LAKE CAPITAL PARTNERS LP
28,766
LATIN AMER CAP PART II
374,983
LIGHTHOUSE CAPITAL PARTNERS V LP
37,000
LINDSAY GOLDBERG & BESSEMER L.P.
48,535
MADISON DEARBORN CAPITAL IV, LP
213,552
MAYFIELD VIII
83,000
MPAE V
81,033
NOVAK BIDDLE VENTURE PARTNERS IV
2,190
OLYMPUS GROWTH FUND IV, L.P.
67,738
OXFORD BIOSCIENCE III
165,750
Source: University of California, Office of the Treasurer of the Regents

MARKET VALUE
5,341,280
2,400,414
24,428,500
41,732,728
4,722,241
1,798,792
1,041,578
6,693,464
3,503,978
1,350,500
19,038,000
1,374,882
1,400,000
235,864
2,846,054
730,000
912,111
782,614
3,317,788
512,548
701,505
3,016,676
2,516,460
153,366
189,200
19,309,847
1,750,000
1,148,016
1,880,050
55,368
1,002,676
6,314,155
4,146,858
8,444,158
1,311,354
153,566
2,130,657
2,093,261
4,502,876
22,209,705
2,993,137
977,600
381,451
921,774
51,928,323
2,715,411
16,951,284
3,513,742
3,713,303
21,421,596
1,896,384
1,783
219,000
6,492,939
8,864,310

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
PRIVATE EQUITY
December 31, 2004
ISSUER

SHARES

OXFORD BIOSCIENCE PARTNERS IV
PALOMAR VENTURES III, L.P.
PERSEUS 2000 EXPANSION
PERSEUS-SOROS BIOPHARMACEUTICAL
POLARIS VENTURE PARTNERS III
POLARIS VENTURE PARTNERS IV
REDPOINT VENTURES I
REDPOINT VENTURES II
RIPPLEWOOD PARTNERS II, L.P.
SEQUOIA UCRP
SKM EQUITY FUND II
SPC PARTNERS III, L.P.
TECHNOLOGY VENTURE IV
VENTURE STRATEGY PARTNERS II
VENTURE STRATEGY PARTNERS III
VERSANT VENTURES I
VERSANT VENTURES II
WARBURG PINCUS PRIVATE EQTY VIII
WCAS CAPITAL PARTNERS II
WCAS VI
WCAS VII
WELSH CARSON CP III
TOTAL

143,438
7,350
20,963
44,177
149,696
46,250
183,750
144,451
37,694
850,623
373,218
36,366
100,080
110,700
105,000
133,000
114,750
357,351
155,400
364,600
698,947
1,260,000

PRIVATE EQUITY

Source: University of California, Office of the Treasurer of the Regents

MARKET VALUE
10,726,256
735,000
2,273,890
3,949,966
9,053,315
3,921,584
4,945,999
9,742,897
3,039,284
94,773,864
15,522,875
3,637,552
848,578
5,061,425
1,050,000
13,936,804
10,135,523
30,178,544
4,004,869
7,302,209
15,929,701
66,510,688
647,465,950

University of California Retirement Plan
Fixed Income Portfolio
December 31, 2002
DESCRIPTION
ABBOTT LABORATORIES
ALCOA INC
ALLSTATE CORP
ALLSTATE CORP.
AMERICAN GENERAL CAP II
AMERICAN GENERAL INST CAP A
ANADARKO FINANCE
AOL TIME WARNER INC
AOL TIME WARNER INC
AOL TIME WARNER INC
ATHABASCA OIL SANDS
AXA
BECTON DICKINSON
BELLSOUTH CORP
BELLSOUTH CORP
BOMBARDIER
BRITISH TEL PLC
BRITISH TEL PLC
BURLINGTON RESOURCES
CANADIAN NATL RAILROAD
CANADIAN NATL RAILROAD
CARNIVAL CORP
CCCIT 2001-A6 A6
CELULOSA ARAUCO
CEMEX S A
CHAMT 2001-4 A
CHILE REP
CITIGROUP INC
CITIGROUP INC
CLEAR CHANNEL COMMUNICATIONS
CODELCO INC
DCAT 2001-B A4
EATON CORP
EMERSON ELECTRIC
FEDERAL HOME LOAN BANK
FGCI POOL #E01084
FGCI POOL #E01098
FGCI POOL #E01251
FGCI POOL #G11212
FHLG POOL #C62885
FHLG POOL #G01317
FHLG POOL #G01323
FHLG POOL #G01324
FHLG POOL #G01391

NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
PT09
NC
NC
NC
NC
NC
NC
NC

Source: University of California, Office of the Treasurer

PAR VALUE
10,000,000
14,000,000
24,000,000
13,000,000
29,000,000
37,500,000
27,500,000
26,000,000
45,000,000
20,000,000
20,000,000
31,000,000
37,000,000
5,000,000
29,000,000
18,200,000
12,000,000
38,000,000
24,300,000
22,000,000
38,525,000
23,500,000
6,000,000
41,632,000
50,000,000
6,000,000
11,000,000
16,500,000
35,000,000
34,750,000
21,000,000
4,000,000
10,650,000
16,000,000
186,000,000
20,997,729
48,842,773
28,794,189
14,390,648
33,404,488
23,814,120
32,936,677
18,815,900
100,594,758

RATE
5.625
5.375
7.200
6.900
8.500
7.570
7.500
6.875
7.625
7.700
8.200
8.600
7.000
5.000
6.875
7.350
8.375
8.875
9.875
6.800
6.900
7.200
5.650
7.750
9.625
5.500
7.125
5.500
6.000
7.650
6.375
5.320
8.100
7.125
5.375
5.500
6.000
5.500
6.500
6.500
7.000
7.000
7.000
7.000

MATURITY
7/1/06
1/15/13
12/1/09
5/15/2038
7/1/2030
12/1/2045
5/1/2031
5/1/12
4/15/2031
5/1/2032
4/1/27
12/15/2030
8/1/27
10/15/06
10/15/2031
12/22/26
12/15/10
12/15/2030
6/15/10
7/15/18
7/15/28
10/1/23
6/15/06
9/13/11
10/1/09
11/15/08
1/11/12
8/9/06
2/21/12
9/15/10
11/30/12
6/1/04
8/15/22
8/15/10
2/15/07
1/1/17
2/1/17
11/1/17
11/1/16
1/1/2032
10/1/2031
9/1/2031
10/1/2031
4/1/2032

MARKET VALUE
10,885,300
14,835,520
27,831,600
14,314,430
37,789,900
44,584,125
32,693,650
27,462,240
46,070,100
20,881,000
23,514,878
35,400,140
41,766,710
5,347,800
32,491,600
8,651,920
14,414,280
48,427,200
31,376,552
24,252,140
43,621,858
23,552,736
6,552,840
45,986,291
55,125,000
6,530,760
12,403,490
17,815,545
38,467,450
39,324,490
22,101,870
4,233,360
12,240,012
18,596,640
203,978,760
21,770,968
51,015,948
29,866,263
15,138,687
34,816,448
24,977,804
34,499,063
19,708,452
105,510,352

University of California Retirement Plan
Fixed Income Portfolio
December 31, 2002
DESCRIPTION
FHR 2422 DM
FHR 2484 PA
FHR 2484 VA
FHR 2494 CD
FHR 2501 MA
FHR 2509 TA
FIRSTENERGY CORP
FIRSTENERGY CORP
FIRSTENERGY CORP
FNCI 5 1/2 TBA
FNCI POOL #254308
FNCI POOL #254373
FNCI POOL #545125
FNCI POOL #545296
FNCI POOL #581853
FNCI POOL #598444
FNCI POOL #609541
FNCI POOL #612304
FNCI POOL #639018
FNCI POOL #650503
FNCI POOL #651388
FNCI POOL #673022
FNMA POOL #555139
FNMA POOL #254146
FNMA POOL #254548
FNMA POOL #516493
FNMA POOL #535811
FNMA POOL #535911
FNMA POOL #545506
FNMA POOL #581706
FNMA POOL #581861
FNMA POOL #581975
FNMA POOL #585628
FNMA POOL #591189
FNMA POOL #591497
FNMA POOL #592020
FNMA POOL #597249
FNMA POOL #597384
FNMA POOL #597545
FNMA POOL #597699
FNMA POOL #610324
FNMA POOL #614359
FNMA POOL #620451
FNMA POOL #633857

NC
NC
NC

Source: University of California, Office of the Treasurer

PAR VALUE
45,000,000
51,227,643
9,696,984
13,750,000
17,000,000
11,000,000
24,000,000
30,000,000
26,500,000
60,000,000
5,097,908
13,928,734
29,673,250
32,533,757
62,829,957
5,473,933
11,152,776
59,916,559
5,529,155
16,026,900
5,499,887
61,839,544
78,685,000
40,396,775
42,928,457
2,438,765
7,503,625
22,444,849
31,024,702
21,143,778
26,016,855
21,883,104
60,090,095
11,759,218
16,468,896
27,670,313
39,186,081
42,866,271
10,829,016
42,003,608
78,208,954
26,832,636
17,305,161
10,783,688

RATE
6.500
6.000
6.000
5.500
5.500
5.500
5.500
6.450
7.375
5.500
6.500
6.500
6.000
6.000
6.000
6.500
6.500
6.000
6.500
6.500
6.500
5.500
6.500
6.000
5.500
6.000
6.500
6.500
7.000
6.500
6.500
6.500
6.500
6.500
6.500
6.500
6.500
6.500
6.500
6.500
6.500
6.500
6.500
7.000

MATURITY
4/15/28
4/15/22
9/15/12
8/15/14
3/15/12
10/15/09
11/15/06
11/15/11
11/15/2031
1/5/18
5/1/17
7/1/17
8/1/16
11/1/16
7/1/16
6/1/17
10/1/16
10/1/16
4/1/17
6/1/17
8/1/17
12/1/17
10/1/2032
1/1/2032
12/1/2032
6/1/29
4/1/2031
5/1/2031
2/1/2032
7/1/2031
7/1/2031
8/1/2031
6/1/2031
8/31/2031
9/1/2031
6/1/2031
9/1/2031
6/1/2031
9/1/2031
9/1/2031
10/1/2031
12/1/2031
1/1/2032
3/1/2032

MARKET VALUE
47,165,184
53,647,698
10,293,352
14,624,999
17,767,288
11,421,500
24,135,120
29,848,800
25,679,030
61,396,872
5,376,453
14,689,790
31,001,067
33,989,576
65,641,468
5,773,024
11,748,262
62,597,702
5,831,264
16,902,597
5,800,397
64,129,222
81,979,934
41,770,303
43,818,912
2,520,983
7,804,488
23,328,538
32,610,111
21,991,552
27,060,018
22,760,522
62,499,447
12,230,711
17,129,228
28,779,773
40,757,273
44,585,023
11,263,213
43,687,770
81,344,794
27,908,508
17,999,023
11,334,751

University of California Retirement Plan
Fixed Income Portfolio
December 31, 2002
DESCRIPTION
FNMA POOL #635030
FNMA POOL #640008
FNMA POOL #672415
FNMA POOL #673572
FNMA POOL #676633
FNMA POOL #676739
FNMA POOL #676740
FNMA POOL #676868
FNMA-BENCHMARK
FNMA-BENCHMARK
FNMA-BENCHMARK
FNMA-BENCHMARK
FNMA-DUS POOL #382064
FNMA-DUS POOL #383233
FNMA-DUS POOL #383428
FNMA-POOL #627118
FNMA-POOL #627131
FNR 02-09 PB
FNR 02-18 VA
FNR 02-29 VA
FNR 02-33 VA
G2SF POOL#TBA
GENERAL ELECTRIC
GENERAL ELECTRIC
GENERAL ELECTRIC CAPITAL
GENERAL ELECTRIC CAPITAL
GEORGIA POWER
GNMA-I POOL #523006
GNMA-I POOL #546959
GNMA-I POOL #550274
GNMA-I POOL #551683
GNMA-I POOL #552383
GNMA-I POOL #569552
GNMA-I POOL #569569
GNMA-I POOL #569703
GNMA-I POOL #570142
GNMA-I POOL #572861
GNMA-I POOL #586579
GNMA-I POOL #780933
GNMA-I POOL #781029
GNMA-I POOL #781130
GNMA-II POOL #2824
GNMA-II POOL #2957
GNMA-II POOL #2958

NC
NC
NC
NC
NC

Source: University of California, Office of the Treasurer

PAR VALUE
43,838,332
24,708,008
11,672,306
29,000,000
94,999,548
15,089,273
19,114,643
10,329,704
65,000,000
68,000,000
83,000,000
85,000,000
7,645,739
7,967,764
6,868,763
74,278,170
75,749,864
36,000,000
14,258,642
14,347,542
9,558,614
39,000,000
20,000,000
40,000,000
52,000,000
57,000,000
15,000,000
10,283,047
3,089,014
9,003,998
8,798,156
17,398,654
24,216,371
24,860,397
35,571,562
38,952,030
10,170,653
3,587,665
32,042,945
34,136,704
35,995,818
7,766,516
19,687,914
8,322,931

RATE
6.500
7.000
6.500
6.000
6.000
6.000
6.000
6.000
4.000
5.000
5.250
5.500
7.030
6.275
6.080
7.000
7.000
6.000
6.500
6.500
6.500
6.000
4.625
6.000
6.125
6.750
5.125
6.500
7.000
7.000
7.000
6.000
6.000
6.000
6.500
6.000
6.500
6.500
7.000
6.500
7.000
7.000
7.500
8.000

MATURITY
5/1/2032
4/1/2032
9/1/2032
11/1/2032
12/1/2032
1/1/2033
1/1/2033
1/1/2033
11/17/06
1/15/07
1/15/09
3/15/11
11/1/09
3/1/2031
5/1/11
3/1/2032
3/1/2032
11/25/14
2/25/13
2/15/13
6/25/13
1/3/28
9/15/09
6/15/12
2/22/11
3/15/2032
11/15/12
2/15/2032
9/15/2031
8/15/2031
10/15/2031
2/15/2032
1/15/2032
1/15/2032
2/15/2032
12/15/2031
2/15/2032
5/15/2032
12/15/28
5/15/29
1/15/2030
10/20/29
8/20/2030
8/20/2030

MARKET VALUE
45,658,658
25,970,625
12,156,982
30,012,753
98,339,371
15,619,755
19,786,641
10,690,443
66,101,750
73,712,680
90,724,810
93,249,250
8,854,225
8,953,536
7,607,155
78,073,897
79,620,796
37,879,812
15,095,739
15,178,058
10,045,646
40,566,092
20,550,200
43,122,800
56,209,920
63,177,660
15,468,900
10,802,248
3,267,912
9,525,458
9,307,695
18,135,926
25,230,902
25,913,862
37,367,604
40,583,904
10,672,270
3,768,809
34,106,962
35,984,886
38,269,461
8,181,470
20,856,094
8,889,729

University of California Retirement Plan
Fixed Income Portfolio
December 31, 2002
DESCRIPTION
GNMA-II POOL #2973
GNMA-II POOL #2999
GNMA-II POOL #3011
GNR 02-29 VC
GNR 02-32 QC
GNR 02-40 VC
GNR 02-45 QB
GNR 02-45 VA
GNR 02-46 PD
GRAND MET INVT CORP
GRAND MET INVT CORP
GRUPO TELEVISA SA
GRUPO TELEVISA SA
HALLMARK INC.
HAROT 2002-1 A4
HAROT 2002-3 A3
HYDRO QUEBEC
HYDRO QUEBEC
IBM CORP
IBM CORP
INTL BK R&D(INTPT)STRIPS
INTL BK R&D(PRNPT)STRIPS
KFW INTL FINANCE
KIMBERLY CLARK DE MEX
LOBLAW
LOBLAW
LOBLAW CO. LTD
LOBLAW CO. LTD RESIDS
LOCKHEED MARTIN CORP
LORAL
M & I CAPITAL SEC.
MARSH & MCLENNAN COS INC
MARSH & MCLENNAN COS INC
MASCO
MASCO
MELLON A CAPITAL SEC.
MERCK
MEXICO VALUE RECOVERY RIGHTS
NAROT 2002-C A4
NORFOLK SOUTHERN
NORWEST
ONTARIO PROV CDA
PEMEX MASTER TRUST
PEMEX PROJECT

NC
NC
NC
NC
NC

NC
NC
NC
NC

NC
NC
NC
NC
NC
NC
NC
NC
NC06
NC
NC
NC
NC
NC06
NC
NC
NC
NC
NC
NC
NC

Source: University of California, Office of the Treasurer

PAR VALUE
10,577,442
21,624,163
11,262,282
29,027,848
23,327,000
47,126,688
32,299,000
17,976,261
27,040,000
7,750,000
36,600,000
40,000,000
16,000,000
17,000,000
18,600,000
2,000,000
29,440,000
29,200,000
20,000,000
43,000,000
60,000,000
32,000,000
17,000,000
30,000,000
22,000,000
25,000,000
28,000,000
80,000,000
31,000,000
35,875,000
24,500,000
30,000,000
46,000,000
8,000,000
20,000,000
42,000,000
43,000,000
377,550,000
12,000,000
19,055,000
30,000,000
15,000,000
10,000,000
25,000,000

RATE
8.000
7.500
7.500
6.500
6.000
6.500
6.500
6.000
6.000
8.000
9.000
8.000
8.500
8.920
4.220
3.000
8.250
8.250
4.750
6.500
0.000
0.000
5.250
8.875
6.450
6.650
6.500
0.000
8.500
7.000
7.650
5.375
7.125
6.750
7.125
7.720
6.400
0.000
3.330
9.000
6.750
3.500
7.875
7.375

MATURITY
9/20/2030
11/20/2030
12/20/2030
2/16/13
11/20/27
10/20/14
4/20/28
4/20/13
7/20/07
9/15/22
8/15/11
9/13/11
3/11/2032
7/23/12
4/16/07
5/18/06
4/15/26
1/15/27
11/29/12
1/15/28
2/15/16
2/15/15
6/28/06
8/1/09
2/9/28
11/8/27
1/22/29
5/23/2031
12/1/29
9/15/23
12/1/26
3/15/07
6/15/09
3/15/06
8/15/13
12/1/26
3/1/28
1/15/08
3/1/21
12/15/27
9/17/07
2/1/09
12/15/14

MARKET VALUE
11,297,774
22,907,230
11,930,528
30,679,576
24,238,386
49,361,497
33,937,305
19,091,866
28,663,392
9,691,375
47,712,492
41,600,000
15,200,000
21,080,000
19,429,746
2,036,620
39,226,739
39,012,368
20,070,800
46,108,470
30,225,600
17,140,160
18,493,280
34,935,000
14,034,263
16,339,059
17,965,474
8,519,624
41,428,710
39,906,030
26,970,294
32,131,800
53,384,840
8,718,960
23,153,200
46,580,035
47,662,060
1,249,691
12,223,128
24,838,764
33,134,100
15,276,600
10,700,000
25,625,000

University of California Retirement Plan
Fixed Income Portfolio
December 31, 2002
DESCRIPTION
PEMEX PROJECT
RESOLUTION TRUST FUNDING
SBC COMMUNICATIONS
SEARIVER MARITIME INC.
SPIEKER PROP. REIT
STARWOOD HOTELS
STATE STREET INSTL CAP A
STATE STREET INSTL CAP B
TELEFONOS MEXICO
TIME WARNER ENTERTAINMENT
TIME WARNER INC.
TOYOTA MTR CRED
TRANSCANADA PIPELINE
TRANSCANADA PIPELINE
TRANSCANADA PIPELINE
TRANSCANADA PIPELINE
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
U.S.BANCORP CAP A SEC.
UNITED MEXICAN STATES
UNITED MEXICAN STATES
UNITED MEXICAN STATES
UNIVISION COMM INC
US BANK NA
US TREASURY BOND
US TREASURY BOND
US TREASURY BOND
US TREASURY BOND
US TREASURY BOND

NC
NC
NC
NC
NC
NC06
NC07
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC06
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC

Source: University of California, Office of the Treasurer

PAR VALUE
6,000,000
38,700,000
35,000,000
198,815,000
30,250,000
17,000,000
25,500,000
39,000,000
55,000,000
14,500,000
20,500,000
4,000,000
41,320,000
13,396,000
21,500,000
17,500,000
157,188,000
111,000,000
154,672,000
58,202,000
47,086,000
7,950,000
107,145,000
159,555,000
56,750,000
8,600,000
152,652,000
152,479,000
45,000,000
178,818,000
23,050,000
107,662,000
5,600,000
33,000,000
51,000,000
66,500,000
4,013,000
27,000,000
51,000,000
521,442,000
40,000,000
341,000,000
409,900,000
114,250,000

RATE
8.000
8.625
5.875
0.000
7.250
7.875
7.940
8.035
8.250
8.875
9.150
5.650
8.290
8.625
9.450
9.875
3.000
3.375
3.375
3.375
3.375
3.500
3.500
3.625
3.625
3.625
3.625
3.875
3.875
3.875
3.875
4.250
4.250
8.270
8.125
8.300
8.375
7.850
6.375
5.250
5.500
6.000
6.250
7.875

MATURITY
11/15/11
1/15/21
8/15/12
9/1/12
5/1/09
5/1/12
12/30/26
3/15/27
1/26/06
10/1/12
2/1/23
1/15/07
2/5/26
5/15/12
3/20/18
1/1/21
7/15/12
1/15/07
1/15/07
1/15/12
4/15/2032
1/15/11
1/15/11
1/15/08
1/15/08
4/15/28
4/15/28
1/15/09
1/15/09
4/15/29
4/15/29
1/15/10
1/15/10
12/15/26
12/30/19
8/15/2031
1/14/11
7/15/11
8/1/11
11/15/28
8/15/28
2/15/26
8/15/23
2/15/21

MARKET VALUE
6,450,000
54,777,141
37,939,650
130,225,447
33,168,520
16,787,500
29,438,985
44,461,950
60,225,000
17,272,835
23,188,575
4,330,440
29,220,299
16,903,609
17,011,504
24,078,775
168,446,308
137,569,604
191,695,187
64,956,854
55,485,323
9,090,939
122,521,850
196,447,291
69,871,729
11,281,207
200,244,039
187,885,996
55,449,405
241,134,857
31,082,768
132,324,037
6,882,787
38,081,670
53,868,750
70,240,625
4,544,723
30,250,370
57,180,180
544,458,450
43,200,800
390,745,080
481,739,074
156,808,125

University of California Retirement Plan
Fixed Income Portfolio
December 31, 2002
DESCRIPTION
US TREASURY BOND
US TREASURY BOND
US TREASURY NOTE
US TREASURY NOTE
US TREASURY NOTE
US TREASURY NOTE
US TREASURY NOTE
US TREASURY(INTPT)STRIPS
US TREASURY(INTPT)STRIPS
US TREASURY(INTPT)STRIPS
US TREASURY(INTPT)STRIPS
US TREASURY(INTPT)STRIPS
US TREASURY(INTPT)STRIPS
US TREASURY(INTPT)STRIPS
US TREASURY(INTPT)STRIPS
VERIZON MARYLAND INC
VERIZON NY INC.
VESSEL MGMT SVC TITLE XI
VODAFONE GROUP
WACHOVIA CAPITAL SEC.
WAL-MART STORES
WELLS FARGO & CO
WESTERN ATLAS
WISCONSIN ENERGY CORP
WYETH
WYETH
ZENECA

NC
NC
NC
NC
NC
NC
NC

NC
NC
NC
NC07
NC
NC
NC
NC
NC
NC
NC

PAR VALUE
102,000,000
44,462,000
16,600,000
178,000,000
175,000,000
31,800,000
258,250,000
184,000,000
55,500,000
46,000,000
197,000,000
185,000,000
175,000,000
50,000,000
200,000,000
25,000,000
50,370,000
14,937,500
49,000,000
39,000,000
41,000,000
10,000,000
16,000,000
29,000,000
17,000,000
49,327,000
6,000,000

Total Fixed Income Portfolio
Cash and equivalents
Total University of California Fixed Income Portfolio

Source: University of California, Office of the Treasurer

RATE
8.125
8.750
4.000
4.875
5.750
6.000
6.500
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.000
6.125
7.375
6.080
7.750
7.965
6.875
6.450
8.550
5.500
6.250
6.700
7.000

MATURITY
8/15/21
5/15/17
11/15/12
2/15/12
8/15/10
8/15/09
2/15/10
2/15/11
8/15/11
11/15/12
2/15/13
5/15/13
2/15/14
5/15/14
11/15/14
3/1/12
4/1/2032
5/20/24
2/15/10
6/1/27
8/10/09
2/1/11
6/15/24
12/1/08
3/15/06
3/15/11
11/15/23

MARKET VALUE
143,582,340
64,298,721
16,836,052
193,308,000
201,264,000
36,971,316
308,768,865
133,808,480
39,386,685
30,331,480
127,393,990
117,920,850
106,214,500
29,871,500
115,838,000
27,035,500
57,845,412
16,290,240
57,731,310
40,660,803
48,162,700
11,203,400
20,224,040
31,125,410
18,407,430
54,642,971
7,032,600
11,667,781,747
207,378,000
11,875,159,747

University of California Retirement Plan
U.S. Equity
December 31, 2002
ISSUER
ISHARES RUSS3000
RUSSELL 3000 INDEX FUND
RUSSELL 3000 INDEX TRANS FUNDS
PRIVATE EQUITY DISTRIBUTIONS

SHARES

MARKET VALUE

1,627,000
87,162,923
191,550,262
78,532

79,657,920
5,597,428,580
12,300,974,701
556,227

Total U.S. Equity
% of Portfolio

Source: University of California: Office of the Treasurer

17,978,617,428
86.75%

University of California Retirement Plan
Non-U.S. Equity
December 31, 2002
ISSUER

SHARES

CGI EMERGING MARKETS GF
EAFE INDEX FUND
GENESIS EMERGING MARKETS
TEMPLETON EMERGING MKTS

4,680,717
28,068,394
543,487
4,511,938

Total Non-U.S. Equity
% of Portfolio

Source: University of California: Office of the Treasurer

MARKET VALUE
192,798,746
1,781,802,051
76,553,441
36,546,699
2,087,700,937
10.07%

University of California Retirement Plan
Private Equity
December 31, 2002
ISSUER
ACCEL VIII
AIG ASIAN INFRASTRUCTURE
AIG ASIAN INFRASTRUCTURE II
AIG GE CAP LATIN AMER
AIG INDIAN SEC. EQUITY
ALTA S D II
ALTA S D III
CHINA VEST IV
GOLDER THOMA CRESSEY III
GOLDER THOMA CRESSEY IV
GOLDER THOMA CRESSEY V
HUMMER WINBLAD III
INSTITUTIONAL VENTURE IV
INSTITUTIONAL VENTURE V
INSTITUTIONAL VENTURE VI
INSTITUTIONAL VENTURE VII
INSTITUTIONAL VENTURE VIII
INTERSOUTH PARTNERS V
INTERWEST PARTNERS IV
INTERWEST PARTNERS V
INTERWEST PARTNERS VI
INTERWEST PARTNERS VII
INTERWEST PARTNERS VIII
INVERNESS PARTNERS II L.P.
INVESTMENT CO OF CHINA
KPCB II
KPCB II ANNEX FUND
KPCB IV
KPCB IX-A
KPCB VI
KPCB VII
KPCB VIII
KPCB X-A
LAKE CAPITAL PARTNERS LP
LATIN AMER CAP PART II
LINDSAY GOLDBERG & BESSEMER L.P.
MAYFIELD VI
MAYFIELD VII
MAYFIELD VIII
MPAE V
OXFORD BIOSCIENCE III
OXFORD BIOSCIENCE PARTNERS IV
PERSEUS-SOROS BIOPHARMACEUTICAL
POLARIS VENTURE PARTNERS III
POLARIS VENTURE PARTNERS IV
REDPOINT VENTURES I
REDPOINT VENTURES II
RIPPLEWOOD PARTNERS II, L.P.
SEQUOIA CAPITAL FRANCHISE
SEQUOIA CAPITAL GROWTH
SEQUOIA CAPITAL III
SEQUOIA CAPITAL IX
SEQUOIA CAPITAL V
SEQUOIA CAPITAL VI
SEQUOIA CAPITAL VII
Source: University of California: Office of the Treasurer

SHARES
72,630
495,656
484,202
673,124
86,155
62,090
74,000
146,000
127,275
179,848
280,218
70,155
106,440
97,137
82,900
125,790
211,058
90,900
85,600
124,680
106,004
94,833
157,500
8,683
940,000
65,150
13,275
87,800
119,000
117,350
105,000
140,000
85,500
5,602
376,069
7,591
131,100
110,450
83,000
81,033
144,500
53,125
25,992
112,200
5,550
157,500
84,376
14,856
113,178
79,876
35,920
108,108
50,784
61,680
90,815

MARKET VALUE
4,313,496
14,122,229
28,595,017
43,014,617
7,132,030
3,545
2,394,270
7,167,724
3,960,925
1,266,310
20,534,962
1,337,014
1,961,476
196,217
1,498,749
9,263,176
12,308,451
6,969,030
648,848
2,467,791
8,876,669
4,695,259
10,672,200
868,300
2,190,200
720,689
36,214
455,682
5,346,075
676,053
2,285,745
6,167,140
5,898,902
560,235
19,618,407
736,028
796,433
1,468,322
4,188,512
290,179
12,291,893
4,622,034
2,611,594
7,475,437
543,939
6,841,643
5,538,408
1,429,925
4,501,644
398,741
26,509
2,983,348
394,084
991,129
8,445,523

University of California Retirement Plan
Private Equity
December 31, 2002
ISSUER

SHARES

SEQUOIA CAPITAL VIII
SEQUOIA CAPITAL X
SKM EQUITY FUND II
TECHNOLOGY VENTURE III
TECHNOLOGY VENTURE IV
VENTURE STRATEGY PARTNERS II
VERSANT VENTURES I
VERSANT VENTURES II
WARBURG PINCUS PRIVATE EQTY VIII
WCAS CAPITAL PARTNERS II
WCAS CAPITAL PARTNERS III
WCAS VI
WCAS VII
Total Private Equity
% of Portfolio

Source: University of California: Office of the Treasurer

115,372
151,200
373,218
71,920
100,080
70,875
112,000
27,000
141,751
155,400
1,120,000
364,600
698,947

MARKET VALUE
5,273,769
9,550,699
30,819,207
89,828
1,357,185
5,514,217
10,811,920
2,304,720
11,444,414
5,321,984
121,792,160
13,768,390
41,058,244
563,905,709
2.72%

University of California Retirement Plan
Total Equity
December 31, 2002
ISSUER

SHARES

Total Equities
Cash and equivalents
% of Portfolio
Total University of California Retirement Plan Equity Portfolio

Source: University of California: Office of the Treasurer

MARKET VALUE

20,630,224,074
94,446,000
0.46%
20,724,670,074

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
Fixed Income Portfolio
December 31, 2003
DESCRIPTION
ALCAN INC
ALCAN INC
ALCOA INC
ALLSTATE CORP
AMERICAN ELECTRIC POWER
AMERICAN GENERAL CAP II
AMERICAN INTERNATIONAL GROUP
ANADARKO FINANCE
AOL TIME WARNER INC
AOL TIME WARNER INC
AOL TIME WARNER INC
ARCEL FINANCE LIMITED
AT&T WIRELESS
ATHABASCA OIL SANDS
BECTON DICKINSON
BECTON DICKINSON
BELLSOUTH CORP
BP CAP MKTS AMER
BRITISH SKY BROADCASTING
BRITISH SKY BROADCASTING GRO
BRITISH TEL PLC
BURLINGTON RESOURCES
CANADIAN NATL RAILROAD
CANADIAN NATL RAILROAD
CELULOSA ARAUCO
CEMEX S A
CENTEX
CENTEX
CIA BRASIL DE BEBIDAS
CINCINNATI GAS & ELEC
CITIGROUP
CITIGROUP INC
CITIGROUP INC
CITIGROUP INC
CLEAR CHANNEL COMMUNICATIONS
CODELCO INC
CODELCO INC
COMCAST CORP
COMCAST CORP
COMCAST CORP
COMCAST CORP
COMCAST CORP
CONS EDISON CO OF NY
COSOLIDATED NATURAL GAS

NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
PT09
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC

Source: University of California, Office of the Treasurer

PAR VALUE
6,000,000
11,500,000
5,000,000
24,000,000
7,000,000
15,000,000
42,000,000
23,500,000
15,000,000
26,000,000
10,000,000
7,000,000
11,500,000
20,000,000
7,000,000
34,000,000
21,000,000
15,000,000
2,000,000
5,000,000
24,500,000
24,300,000
22,000,000
21,025,000
40,632,000
50,000,000
14,000,000
3,500,000
24,200,000
14,000,000
40,000,000
6,000,000
35,000,000
8,500,000
24,750,000
12,000,000
15,000,000
22,500,000
10,000,000
19,200,000
20,000,000
4,500,000
5,000,000
12,000,000

RATE
5.200
6.125
5.375
7.200
5.250
8.500
4.250
7.500
6.875
7.625
7.700
7.048
8.125
8.200
4.900
7.000
6.875
4.200
8.200
6.875
8.875
9.875
6.800
6.900
7.750
9.625
5.125
5.800
8.750
5.375
6.000
3.500
6.000
6.625
7.650
5.500
6.375
5.300
5.850
6.500
7.050
7.050
5.875
5.000

MATURITY
1/15/2014
12/15/2033
1/15/2013
12/1/2009
6/1/2015
7/1/2030
5/15/2013
5/1/2031
5/1/2012
4/15/2031
5/1/2032
9/1/2011
5/1/2012
4/1/2027
4/15/2018
8/1/2027
10/15/2031
6/15/2018
7/15/2009
2/23/2009
12/15/2030
6/15/2010
7/15/2018
7/15/2028
9/13/2011
10/1/2009
10/1/2013
9/15/2009
9/15/2013
6/15/2033
10/31/2033
2/1/2008
2/21/2012
6/15/2032
9/15/2010
10/15/2013
11/30/2012
1/15/2014
1/15/2010
1/15/2015
3/15/2033
3/15/2033
4/1/2033
3/1/2014

MARKET VALUE
6,064,860
11,563,940
5,186,400
27,669,840
6,789,650
19,522,200
39,727,379
27,481,605
16,861,501
29,842,800
11,639,100
7,210,000
13,417,395
23,490,340
6,748,910
38,614,140
23,151,029
13,599,578
2,381,280
5,628,550
31,837,749
31,496,647
24,694,780
23,369,078
46,957,590
60,500,000
13,783,560
3,754,415
25,652,000
12,473,020
40,029,999
6,018,120
38,190,250
9,227,770
28,898,595
12,177,480
16,231,826
22,396,275
10,687,300
20,871,168
21,695,000
4,881,375
5,034,639
11,953,440

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
Fixed Income Portfolio
December 31, 2003
DESCRIPTION
CRH AMERICA
CRH AMERICA
DOMINION RESOURCES
DOMINION RESOURCES
EATON CORP
ENBRIDGE ENERGY PARTNERS L P
ENCANA CORP
ENERSIS
ENTERPRISE PRODUCTS
FEDERAL HOME LOAN BANK
FGCI POOL #B10827
FGCI POOL #E01084
FGCI POOL #E01098
FGCI POOL #E01251
FGCI POOL #E01311
FGCI POOL #E01388
FGCI POOL #E01537
FGCI POOL #E96582
FGLMC POOL # C79601
FGLMC POOL #A12330
FGLMC POOL #A12886
FGLMC POOL #A13124
FGLMC POOL #A14235
FGLMC POOL #A14282
FGLMC POOL #A15676
FGLMC POOL #A15677
FGLMC POOL #A17021
FGLMC POOL #C01404
FGLMC POOL #C01673
FGLMC POOL #C76289
FGLMC POOL #C76361
FGLMC POOL #C77031
FGLMC POOL #C79009
FGLMC POOL 78907
FHLG POOL #C62885
FHLMC GOLD TBA 15YR
FHR 2484 VA
FHR 2494 CD
FHR 2567 MC
FHR 2601 TA
FHR 2673 MA
FHR 2694 NS
FIFTH THIRD BANK
FIRSTENERGY CORP

NC
NC
NC
NC
NC
NC
NC
NC
NC

NC
NC

Source: University of California, Office of the Treasurer

PAR VALUE
10,000,000
18,000,000
15,500,000
6,500,000
8,750,000
8,500,000
10,000,000
23,500,000
8,300,000
186,000,000
49,812,907
10,523,740
20,915,531
16,123,682
13,643,712
11,471,887
25,000,000
10,526,765
9,662,092
24,831,074
43,537,439
19,911,876
35,626,380
12,354,400
33,615,021
59,951,532
39,000,000
32,621,342
49,853,317
13,106,799
12,393,922
35,204,181
5,733,242
7,761,100
12,485,500
25,000,000
8,938,162
13,750,000
11,328,148
15,737,789
21,407,027
21,597,010
25,000,000
2,000,000

RATE
5.300
6.400
5.000
6.300
8.100
4.750
4.750
7.375
6.875
5.375
4.500
5.500
6.000
5.500
5.500
4.000
4.500
4.500
5.000
5.000
5.000
5.000
5.000
5.000
6.500
6.500
5.500
6.500
5.000
6.000
6.000
6.000
5.500
5.000
6.500
4.500
6.000
5.500
4.000
4.000
5.500
5.500
3.375
6.450

MATURITY
10/15/2013
10/15/2033
3/15/2013
3/15/2033
8/15/2022
6/1/2013
10/15/2013
1/15/2014
3/1/2033
2/15/2007
11/1/2018
1/1/2017
2/1/2017
11/1/2017
2/1/2018
5/1/2018
12/1/2018
6/1/2018
5/1/2033
8/1/2033
8/1/2033
8/1/2033
10/1/2033
10/1/2033
11/1/2033
11/1/2033
1/1/2034
10/1/2032
11/1/2033
1/1/2033
2/1/2033
3/1/2033
5/1/2033
5/1/2033
1/1/2032
1/1/2034
9/15/2012
8/15/2014
12/15/2032
10/15/2022
10/15/2033
3/15/2019
8/15/2008
11/15/2011

MARKET VALUE
10,090,300
18,498,599
15,465,435
6,591,910
10,507,955
8,181,505
9,838,200
24,274,539
8,248,457
200,351,760
49,922,939
10,918,670
21,934,579
16,731,662
14,164,476
11,223,523
25,055,223
10,550,018
9,561,018
24,555,946
43,082,001
19,703,581
35,231,639
12,225,162
35,225,784
62,824,287
39,533,204
34,150,698
49,300,942
13,568,236
12,830,261
36,443,576
5,817,485
7,679,912
13,070,846
25,003,905
9,372,473
14,246,257
11,499,970
15,586,227
22,426,378
22,646,065
24,794,251
2,068,240

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
Fixed Income Portfolio
December 31, 2003
DESCRIPTION
FIRSTENERGY CORP
FLORIDA POWER
FNARM POOL #758810
FNCI POOL #254308
FNCI POOL #254373
FNCI POOL #254719
FNCI POOL #254804
FNCI POOL #545125
FNCI POOL #545296
FNCI POOL #555813
FNCI POOL #581853
FNCI POOL #598444
FNCI POOL #639018
FNCI POOL #645562
FNCI POOL #650503
FNCI POOL #651388
FNCI POOL #652610
FNCI POOL #681357
FNCI POOL #681405
FNCI POOL #687579
FNCI POOL #689076
FNCI POOL #689080
FNCI POOL #689584
FNCI POOL #689613
FNCI POOL #689619
FNCI POOL #689620
FNCI POOL #689621
FNCI POOL #694431
FNCI POOL #695916
FNCI POOL #702895
FNCI POOL #704939
FNCI POOL #709844
FNCI POOL #730016
FNCI POOL #737040
FNCI POOL #737043
FNCI POOL #738691
FNCI POOL #747799
FNCI POOL #748727
FNCI POOL #755497
FNCL POO1 #748794
FNCL POOL #545759
FNCL POOL #555329
FNCL POOL #555590
FNCL POOL #656563

NC
NC

Source: University of California, Office of the Treasurer

PAR VALUE
9,500,000
10,000,000
8,000,000
2,575,074
7,636,948
35,349,204
13,991,936
12,133,029
13,177,789
24,600,169
25,500,029
2,341,502
3,108,267
5,481,601
8,809,986
3,731,973
21,811,973
21,919,427
20,070,794
1,876,790
3,829,777
21,865,374
7,732,074
5,689,268
2,766,355
7,498,436
9,653,019
33,199,690
32,400,552
56,368,262
5,535,175
14,366,547
19,461,809
3,966,209
4,114,230
3,327,178
32,429,412
7,897,174
9,952,968
14,987,370
28,437,780
36,177,414
18,924,150
27,234,898

RATE
7.375
5.100
4.929
6.500
6.500
4.500
5.500
6.000
6.000
4.000
6.000
6.500
6.500
6.500
6.500
6.500
5.000
5.000
5.000
6.500
5.000
5.000
5.500
4.500
4.500
5.000
4.500
5.000
5.000
5.000
5.500
5.000
4.000
4.500
4.500
6.000
5.500
5.500
5.500
6.500
6.500
5.000
5.500
5.500

MATURITY
11/15/2031
12/1/2015
11/1/2033
5/1/2017
7/1/2017
4/1/2018
7/1/2018
8/1/2016
11/1/2016
10/1/2018
7/1/2016
6/1/2017
4/1/2017
6/1/2032
6/1/2017
8/1/2017
4/1/2018
3/1/2018
3/1/2018
4/1/2033
6/1/2018
6/1/2018
2/1/2018
5/1/2018
6/1/2018
6/1/2018
6/1/2018
3/1/2018
5/1/2018
4/1/2018
4/1/2018
5/1/2018
4/1/2018
10/1/2018
10/1/2018
10/1/2033
12/1/2018
10/1/2018
11/1/2018
11/1/2033
7/1/2032
4/1/2033
3/1/2033
3/1/2033

MARKET VALUE
9,681,545
9,937,900
8,123,672
2,728,258
8,091,248
35,460,120
14,524,827
12,729,835
13,825,984
24,013,696
26,754,336
2,480,792
3,293,169
5,733,232
9,334,067
3,953,977
22,296,197
22,406,036
20,516,364
1,964,714
3,914,798
22,350,784
8,026,555
5,707,120
2,775,035
7,664,901
9,683,307
33,936,720
33,119,842
57,619,633
5,745,986
14,685,483
18,997,836
3,978,654
4,127,140
3,443,945
33,664,507
8,197,943
10,332,033
15,689,499
29,735,112
35,866,400
19,210,847
27,647,500

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
Fixed Income Portfolio
December 31, 2003
DESCRIPTION
FNCL POOL #662707
FNCL POOL #662950
FNCL POOL #669991
FNCL POOL #676904
FNCL POOL #676919
FNCL POOL #676956
FNCL POOL #677508
FNCL POOL #677685
FNCL POOL #682059
FNCL POOL #683160
FNCL POOL #684687
FNCL POOL #684745
FNCL POOL #688178
FNCL POOL #689062
FNCL POOL #689100
FNCL POOL #689103
FNCL POOL #689108
FNCL POOL #694517
FNCL POOL #694517
FNCL POOL #694758
FNCL POOL #695526
FNCL POOL #695539
FNCL POOL #702449
FNCL POOL #703337
FNCL POOL #704520
FNCL POOL #705209
FNCL POOL #707281
FNCL POOL #709519
FNCL POOL #710141
FNCL POOL #711213
FNCL POOL #720111
FNCL POOL #721211
FNCL POOL #726054
FNCL POOL #733578
FNCL POOL #743832
FNCL POOL #744234
FNCL POOL #747817
FNCL POOL #748737
FNCL POOL #748767
FNCL POOL #748768
FNCL POOL #748793
FNCL POOL #748795
FNCL POOL #749770
FNCL POOL #752574

Source: University of California, Office of the Treasurer

PAR VALUE
4,975,636
10,489,726
1,702,701
3,293,861
3,022,465
18,335,930
4,865,663
13,157,040
8,967,510
4,567,160
41,501,931
32,567,367
15,162,196
10,376,642
52,089,390
30,099,321
35,806,848
37,791,051
3,197,670
14,348,277
49,076,784
15,050,454
18,487,911
11,716,419
22,213,246
18,769,467
26,415,183
31,159,931
10,422,079
8,552,652
39,593,548
17,655,479
18,544,193
19,894,884
19,895,651
27,573,217
39,760,702
31,885,874
22,065,253
6,785,466
47,080,443
8,090,778
15,141,469
19,815,180

RATE
6.500
6.500
5.500
6.000
6.000
5.000
6.000
5.000
5.500
6.000
6.000
6.500
5.500
5.500
5.500
5.500
5.500
5.500
5.500
5.500
6.000
5.500
6.000
5.500
5.500
5.500
6.000
5.500
5.500
5.500
4.500
5.000
5.500
5.000
5.500
5.500
4.500
6.000
6.500
7.000
6.000
7.000
6.000
5.500

MATURITY
10/1/2032
2/1/2033
2/1/2033
1/1/2033
1/1/2033
1/1/2033
1/1/2033
2/1/2033
4/1/2033
2/1/2033
2/1/2033
4/1/2033
3/1/2033
6/1/2033
2/1/2033
2/1/2033
2/1/2033
4/1/2033
10/1/2033
4/1/2033
4/1/2033
4/1/2033
6/1/2033
4/1/2033
6/1/2033
5/1/2033
5/1/2033
6/1/2033
5/1/2033
6/1/2033
7/1/2033
6/1/2033
6/1/2033
8/1/2033
11/1/2033
10/1/2033
11/1/2018
10/1/2033
11/1/2033
11/1/2033
11/1/2033
11/1/2033
11/1/2033
11/1/2033

MARKET VALUE
5,204,041
10,971,253
1,728,497
3,407,886
3,127,095
18,179,060
5,036,423
13,043,930
9,103,365
4,727,444
42,958,438
34,093,086
15,391,900
10,533,846
52,878,531
30,555,318
36,349,313
38,363,576
3,246,114
14,565,650
50,799,130
15,278,465
19,136,743
11,893,920
22,549,771
19,053,820
27,342,222
31,631,996
10,579,971
8,682,223
37,944,461
17,503,697
18,825,133
19,723,849
20,197,065
27,990,944
39,885,460
33,004,907
23,098,968
7,183,883
48,732,728
8,565,838
15,672,858
20,115,375

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
Fixed Income Portfolio
December 31, 2003
DESCRIPTION
FNCL POOL #753412
FNCL POOL #753466
FNCL POOL 696940
FNMA PL #516493
FNMA POOL #254146
FNMA POOL #254147
FNMA POOL #545506
FNMA POOL #545872
FNMA POOL #555139
FNMA POOL #555273
FNMA POOL #581706
FNMA POOL #597545
FNMA POOL #597699
FNMA POOL #610324
FNMA POOL #614359
FNMA POOL #633857
FNMA POOL #635030
FNMA POOL #640008
FNMA POOL #672415
FNMA POOL #673596
FNMA POOL #676633
FNMA POOL #676739
FNMA POOL #676740
FNMA POOL #676868
FNMA POOL #753077
FNMA TBA
FNMA-BENCHMARK
FNMA-BENCHMARK
FNMA-BENCHMARK
FNMA-BENCHMARK
FNMA-POOL #627118
FNR 02-18 VA
FNR 02-29 VA
FNR 02-33 VA
FNR 03-18 PA
FNR 03-19 ME
FNR 03-42 CA
FNR 03-58 MC
FNR 03-63 GU
FNR 03-63 TJ
FNR 2003-20
FORD MOTOR CREDIT
FORD MOTOR CREDIT
FORD MOTOR CREDIT

C 7/06
C 2/06
NC
NC

NC
NC
NC

Source: University of California, Office of the Treasurer

PAR VALUE
15,565,124
9,329,827
14,438,549
1,112,816
19,461,257
2,302,978
12,397,301
39,061,349
31,018,426
2,298,069
7,190,153
4,125,946
13,045,577
30,189,303
10,991,995
6,526,518
19,180,993
10,219,531
8,383,553
17,860,697
64,038,350
13,194,972
16,326,829
8,906,170
4,904,046
25,000,000
47,000,000
44,400,000
68,000,000
83,000,000
32,337,566
13,212,398
13,298,598
8,762,016
12,379,377
9,426,844
5,284,484
12,106,568
15,000,000
56,269,671
4,967,944
28,400,000
22,000,000
3,000,000

RATE
5.500
5.500
5.500
6.000
6.000
6.500
7.000
6.500
6.500
6.500
6.500
6.500
6.500
6.500
6.500
7.000
6.500
7.000
6.500
6.000
6.000
6.000
6.000
6.000
6.500
4.000
4.375
4.750
5.000
5.250
7.000
6.500
6.500
6.500
4.000
4.000
4.000
3.750
4.000
3.000
4.500
6.625
7.000
7.375

MATURITY
11/1/2033
11/1/2033
4/1/2033
6/1/2029
1/1/2032
1/1/2032
2/1/2032
7/1/2032
10/1/2032
12/1/2032
7/1/2031
9/1/2031
9/1/2031
10/1/2031
12/1/2031
3/1/2032
5/1/2032
4/1/2032
9/1/2032
1/1/2033
12/1/2032
1/1/2033
1/1/2033
1/1/2033
12/1/2033
1/1/2034
7/17/2013
2/21/2013
1/15/2007
1/15/2009
3/1/2032
2/25/2013
2/15/2013
6/25/2013
7/25/2032
3/25/2031
5/25/2033
7/25/2033
7/25/2033
8/25/2032
3/25/2031
10/1/2028
10/1/2013
2/1/2011

MARKET VALUE
15,800,932
9,471,171
14,657,290
1,151,732
20,129,982
2,408,022
13,110,975
40,854,445
32,442,316
2,402,889
7,518,113
4,314,141
13,640,617
31,566,311
11,493,366
6,902,230
20,061,489
10,807,837
8,768,396
18,478,988
66,255,191
13,651,747
16,892,022
9,214,478
5,133,791
24,355,470
44,943,750
43,689,157
72,584,558
89,277,293
34,199,138
13,607,097
13,690,096
9,126,921
12,270,983
9,557,593
5,239,480
10,711,281
15,117,663
53,487,693
5,052,590
25,932,607
23,088,999
3,256,260

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
Fixed Income Portfolio
December 31, 2003
DESCRIPTION
FORD MOTOR CREDIT
FREDDIE MAC
FREDDIE MAC
FREDDIE MAC
GENERAL ELECTRIC CAPITAL
GENERAL ELECTRIC COMPANY
GEORGIA POWER
GEORGIA POWER
GMAC
GMC
GMC
GNMA-I POOL #603419
GNMA-I POOL #781130
GNMA-II POOL #2824
GNMA-II POOL #2999
GNMA-II POOL #3011
GNMA-II POOL #3334
GNR 02-45 VA
GNR 02-46 PD
GNSF POOL #598267
GNSF POOL #612376
GNSF POOL #781324
GOLDMAN SACHS
GOLDMAN SACHS
GRAND MET INVT CORP
GRUMA SA DE CV
GRUPO TELEVISA SA
GRUPO TELEVISA SA
HAROT 2002-3 A3
HERTZ CORP
HILTON HOTELS
IBM
IBM CORP
IBM CORP
ILLINOIS STATE TAXABLE PENSION
INTL BK R&D(INTPT)STRIPS
INTL BK R&D(PRNPT)STRIPS
JOHNSON & JOHNSON
KFW INTL FINANCE
KIMBERLY CLARK DE MEX
L-3 COMMUNICATIONS CORP
LOBLAW
LOBLAW
LOBLAW CO. LTD

NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC

NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
SNK

NC
NC
NC
NC
NC
NC
NC

Source: University of California, Office of the Treasurer

PAR VALUE
25,300,000
41,000,000
88,750,000
85,550,000
57,000,000
106,000,000
15,000,000
5,000,000
23,500,000
8,000,000
23,000,000
15,334,879
14,072,819
3,009,272
7,428,188
4,007,723
28,797,222
16,673,457
27,040,000
3,813,286
39,954,640
12,065,211
30,500,000
25,000,000
27,000,000
13,055,000
29,000,000
26,800,000
2,000,000
16,500,000
3,000,000
17,000,000
20,000,000
17,000,000
41,635,000
60,000,000
32,000,000
18,000,000
17,000,000
30,000,000
11,000,000
22,000,000
25,000,000
28,000,000

RATE
7.450
4.000
4.875
5.875
6.750
5.000
5.125
5.750
8.000
8.250
8.375
5.500
7.000
7.000
7.500
7.500
6.000
6.000
6.000
6.000
5.500
7.000
4.750
6.125
9.000
7.625
8.000
8.500
3.000
4.700
7.625
6.500
4.750
5.875
5.100
0.000
0.000
4.950
5.250
8.875
6.125
6.450
6.650
6.500

MATURITY
7/16/2031
6/12/2013
11/15/2013
3/21/2011
3/15/2032
2/1/2013
11/15/2012
4/15/2023
11/1/2031
7/15/2023
7/15/2033
2/15/2033
1/15/2030
10/20/2029
11/20/2030
12/20/2030
1/20/2033
4/20/2013
7/20/2007
6/15/2033
11/15/2033
7/15/2031
7/15/2013
2/15/2033
8/15/2011
10/15/2007
9/13/2011
3/11/2032
5/18/2006
10/2/2006
12/1/2012
1/15/2028
11/29/2012
11/29/2032
6/1/2033
2/15/2016
2/15/2015
5/15/2033
6/28/2006
8/1/2009
1/15/2014
2/9/2028
11/8/2027
1/22/2029

MARKET VALUE
25,524,917
38,290,719
89,642,822
92,618,997
63,325,290
107,076,959
15,228,900
4,956,802
26,283,575
9,033,440
26,686,440
15,638,304
14,995,433
3,200,193
7,931,359
4,279,198
29,960,286
17,506,421
27,810,251
3,972,581
40,745,207
12,838,066
29,658,199
25,205,999
34,432,830
14,034,125
32,335,000
28,140,000
2,020,312
16,711,200
3,360,000
18,546,320
20,028,400
17,096,050
38,282,133
31,336,800
17,881,600
16,361,099
18,191,019
36,000,000
11,000,000
17,631,663
20,512,632
22,588,927

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
Fixed Income Portfolio
December 31, 2003
DESCRIPTION
LOBLAW CO. LTD RESIDS
LOCKHEED MARTIN CORP
LORAL
M & I CAPITAL SEC.
MASCO
MELLON A CAPITAL SEC.
MERCK
MERCK
MORGAN STANLEY
NAROT 2002-C A4
NISOURCE FINANCE
NORFOLK SOUTHERN
NORWEST
OHIO POWER COMPANY
PCCW-HKTC CAP
PEMEX PRJT FDG MASTER TR 144A
PEMEX PROJECT
PEMEX PROJECT
PEMEX PROJECT
PFIZER INC
PROGRESS ENERGY
PSI ENERGY INC
REPUBLIC OF BRAZIL
REPUBLIC OF BRAZIL
RFCO STRIPS
ROYAL BK SCOTLAND
ROYAL BK SCOTLAND
RYLAND GROUP
SBC COMMUNICATIONS
SEARIVER MARITIME INC.
SOUTHERN POWER
SPIEKER PROP. REIT
SPRINT
SPRINT CAP CORP
SPRINT CAP CORP
STARWOOD HOTELS
STARWOOD HOTELS
STATE STREET BANK
STATE STREET INSTL CAP B
STATE STREET REPO
SUNCOR ENERGY
SUNCOR ENERGY
TELECOM ITALIA CAPITAL
TELEFONOS MEXICO

NC
NC
NC
NC06
NC
C
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC07
NC
NC
NC
NC

Source: University of California, Office of the Treasurer

PAR VALUE
40,000,000
9,500,000
26,300,000
12,200,000
13,000,000
16,500,000
5,000,000
11,000,000
38,000,000
12,000,000
16,500,000
13,161,000
30,000,000
4,445,000
19,000,000
13,000,000
4,000,000
13,000,000
17,000,000
5,000,000
9,000,000
13,000,000
19,000,000
26,400,000
100,000,000
24,500,000
8,000,000
8,000,000
18,500,000
103,815,000
20,000,000
30,250,000
33,000,000
3,500,000
6,000,000
2,000,000
9,500,000
11,000,000
9,000,000
1,113,500
3,000,000
18,000,000
37,000,000
15,000,000

RATE
0.000
8.500
7.000
7.650
7.125
7.720
5.950
6.400
5.300
3.330
5.400
9.000
6.750
6.600
6.000
8.625
6.125
7.375
8.000
4.650
7.000
5.000
9.250
10.000
0.000
4.700
6.400
5.375
5.875
0.000
4.875
7.250
6.875
6.375
6.900
7.375
7.875
5.250
8.035
0.700
5.950
5.950
6.375
4.500

MATURITY
5/23/2031
12/1/2029
9/15/2023
12/1/2026
8/15/2013
12/1/2026
12/1/2028
3/1/2028
3/1/2013
1/15/2008
7/15/2014
3/1/2021
12/15/2027
2/15/2033
7/15/2013
2/1/2022
8/15/2008
12/15/2014
11/15/2011
3/1/2018
10/30/2031
9/15/2013
10/22/2010
8/7/2011
1/15/2013
7/3/2018
4/1/2009
6/1/2008
8/15/2012
9/1/2012
7/15/2015
5/1/2009
11/15/2028
5/1/2009
5/1/2019
5/1/2007
5/1/2012
10/15/2018
3/15/2027
1/2/2004
12/1/2034
12/1/2034
11/15/2033
11/19/2008

MARKET VALUE
5,421,854
12,412,510
28,912,379
13,433,664
14,968,850
18,301,800
5,196,250
12,073,050
38,799,518
12,260,400
16,711,695
17,060,605
32,741,400
4,781,353
19,495,581
14,332,500
4,200,000
13,812,500
18,997,500
4,770,150
9,605,970
12,842,440
20,425,000
29,436,000
65,878,700
22,652,700
8,811,200
8,120,000
19,567,449
69,625,053
19,058,600
34,670,734
31,933,769
3,740,975
6,110,820
2,160,000
10,616,250
11,021,450
10,286,401
1,113,500
2,985,570
17,913,420
37,147,631
15,019,050

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
Fixed Income Portfolio
December 31, 2003
DESCRIPTION
TELEFONOS MEXICO
TIME WARNER ENTERTAINMENT
TIME WARNER ENTERTAINMENT
TIME WARNER INC.
TOYOTA MTR CRED
TRANSCANADA PIPELINE
U.S.BANCORP CAP A SEC.
UNITED MEXICAN STATES
UNITED MEXICAN STATES
UNITED MEXICAN STATES
UNIVISION COMM INC
UNIVISION COMM INC
US BANK NA
US BANK NA
US TREASURY BOND
US TREASURY BOND
US TREASURY BOND
US TREASURY BOND
US TREASURY BOND
US TREASURY BOND
US TREASURY NOTE
US TREASURY NOTE
US TREASURY NOTE
US TREASURY NOTE
US TREASURY NOTE
US TREASURY NOTES
US TREASURY STRIPS
US TREASURY(INTPT)STRIPS
US TREASURY(INTPT)STRIPS
VALE OVERSEAS LIMITED
VERIZON GLOBAL
VERIZON MARYLAND IN
VERIZON NY INC.
VERIZON NY INC.
VESSEL MGMT SVC TITLE XI
VIRGINIA EL&PWR
VODAFONE GROUP
VODAFONE GROUP
VODAFONE GROUP
WACHOVIA CAPITAL SEC.
WAL-MART STORES
WELLS FARGO & CO
WESTERN ATLAS
WYETH
WYETH

NC
NC
NC
NC
NC
NC
NC06
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC07
NC
NC
NC
NC
NC

Total Bond Portfolio

Source: University of California, Office of the Treasurer

PAR VALUE
32,720,000
25,000,000
10,500,000
4,800,000
4,000,000
21,320,000
19,000,000
12,000,000
24,500,000
23,300,000
7,500,000
12,000,000
19,000,000
8,000,000
521,442,000
429,000,000
409,900,000
233,750,000
102,000,000
44,462,000
16,600,000
58,025,000
103,900,000
31,800,000
311,250,000
206,000,000
50,000,000
75,000,000
100,000,000
24,000,000
25,500,000
17,500,000
25,000,000
26,870,000
14,243,500
26,500,000
4,500,000
12,500,000
11,750,000
21,000,000
16,000,000
12,500,000
16,000,000
24,900,000
10,000,000

RATE
8.250
8.375
8.875
6.875
5.650
8.290
8.270
6.375
7.500
8.125
3.875
7.850
4.800
6.375
5.250
6.000
6.250
7.875
8.125
8.750
4.000
4.875
5.750
6.000
6.500
1.625
0.000
0.000
0.000
9.000
7.750
5.125
4.750
7.375
6.080
4.750
5.000
5.375
7.750
7.965
4.550
4.950
8.550
5.500
6.450

MATURITY
1/26/2006
7/15/2033
10/1/2012
6/15/2018
1/15/2007
2/5/2026
12/15/2026
1/16/2013
4/8/2033
12/30/2019
10/15/2008
7/15/2011
4/15/2015
8/1/2011
11/15/2028
2/15/2026
8/15/2023
2/15/2021
8/15/2021
5/15/2017
11/15/2012
2/15/2012
8/15/2010
8/15/2009
2/15/2010
9/30/2005
2/15/2013
5/15/2013
5/15/2014
8/15/2013
12/1/2030
6/15/2033
10/1/2013
4/1/2032
5/20/2024
3/1/2013
12/16/2013
1/30/2015
2/15/2010
6/1/2027
5/1/2013
10/16/2013
6/15/2024
3/15/2013
2/1/2024

MARKET VALUE
36,025,701
31,577,250
13,307,700
5,285,136
4,340,760
20,455,718
22,235,510
12,510,000
25,357,500
25,921,250
7,452,975
14,073,840
18,499,160
8,904,320
525,905,559
475,512,193
467,335,192
311,333,948
139,226,940
62,342,392
16,438,482
61,456,599
116,567,489
36,007,459
361,467,084
205,948,496
33,425,499
49,358,248
61,855,000
26,160,000
29,874,525
15,022,525
24,185,000
29,539,534
15,344,238
26,189,421
4,481,415
12,608,875
13,890,615
23,823,150
15,737,120
12,442,000
20,954,586
25,821,299
10,255,200
9,828,330,754

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
TIPS Portfolio
December 31, 2003
DESCRIPTION
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX

NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC

Total TIPS Portfolio

Source: University of California, Office of the Treasurer

PAR VALUE
188,845,000
207,205,000
155,880,000
58,401,000
46,757,000
107,265,000
160,797,000
153,387,000
147,772,000
179,612,000
104,829,000

RATE
1.875
3.000
3.375
3.375
3.375
3.500
3.625
3.625
3.875
3.875
4.250

MATURITY
7/15/2013
7/15/2012
1/15/2007
1/15/2012
4/15/2032
1/15/2011
1/15/2008
4/15/2028
1/15/2009
4/15/2029
1/15/2010

MARKET VALUE
188,888,172
232,460,260
197,152,356
68,093,219
60,262,952
128,112,349
203,616,441
217,642,595
188,214,432
262,013,591
133,985,332
1,880,441,699

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
Fixed Income Portfolio
December 31, 2003
Total Fixed Income Portfolio
Cash and Equivalents

11,708,772,453
230,452,000

TOTAL UCRP FIXED INCOME PORTFOLIO

11,939,224,453

Source: University of California, Office of the Treasurer

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
Public Equities
December 31, 2003
ISSUER
PRIVATE EQUITY DISTRIBUTIONS
CGI EMERGING MARKETS GF
EAFE INDEX FUND
TEMPLETON EMERGING MKTS
GENESIS EMERGING MARKETS
GMO EMERGING MARKETS FUND
RUSSELL 3000 INDEX FUND
RUSSELL 3000 INDEX TRANS FUNDS

SHARES

MARKET VALUE

1,075,970
4,543,262
32,182,106
4,511,938
543,487
652,378
131,477,096
43,825,699

8,982,741
277,547,895
2,834,350,824
54,910,287
114,522,611
9,629,093
17,209,680,654
5,736,560,246

Total Public Equities
% of Portfolio

Source: University of California, Office of the Treasurer

26,246,184,351
97.9%

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
Private Equity
December 31, 2003
ISSUER
ACCEL VIII
AIG ASIAN INFRASTRUCTURE
AIG ASIAN INFRASTRUCTURE II
AIG GE CAP LATIN AMER
AIG INDIAN SEC. EQUITY
ALTA S D III
ARSENAL CAPITAL PARTNERS QPF
BLACKSTONE CAPITAL PARTNERS IV
CHINA VEST IV
DE NOVO VENTURES II LP
DELPHI MANAGEMENT PARTNERS, L.P.
DOMAIN PARTNERS VI, L.P.
FREMONT PARTNERS III LP
GLOBESTPAN CAPITAL PARTNERS IV
GOLDER THOMA CRESSEY III
GOLDER THOMA CRESSEY IV
GOLDER THOMA CRESSEY V
HUMMER WINBLAD III
INSTITUTIONAL VENTURE IV
INSTITUTIONAL VENTURE V
INSTITUTIONAL VENTURE VI
INSTITUTIONAL VENTURE VII
INSTITUTIONAL VENTURE VIII
INTERSOUTH PARTNERS V
INTERSOUTH PARTNERS VI, L.P.
INTERWEST PARTNERS IV
INTERWEST PARTNERS V
INTERWEST PARTNERS VI
INTERWEST PARTNERS VII
INTERWEST PARTNERS VIII
INVERNESS PARTNERS II L.P.
INVESTMENT CO OF CHINA
KPCB II
KPCB II ANNEX FUND
KPCB IX-A
KPCB VI
KPCB VII
KPCB VIII
KPCB X-A
LAKE CAPITAL PARTNERS LP
LATIN AMER CAP PART II
LIGHTHOUSE CAPITAL PARTNERS V LP
LINDSAY GOLDBERG & BESSEMER L.P.
MADISON DEARBORN CAPITAL IV, LP
MAYFIELD VII
MAYFIELD VIII
MPAE V
OLYMPUS GROWTH FUND IV, L.P.
OXFORD BIOSCIENCE III
OXFORD BIOSCIENCE PARTNERS IV
PERSEUS-SOROS BIOPHARMACEUTICAL
POLARIS VENTURE PARTNERS III
POLARIS VENTURE PARTNERS IV
REDPOINT VENTURES I
REDPOINT VENTURES II
Source: University of California, Office of the Treasurer

SHARES
81,819
499,854
547,528
708,951
89,698
74,000
63,233
76,928
146,000
17,254
6
5,176
60,555
10,228
127,275
179,848
280,218
70,155
106,440
97,137
82,900
125,790
211,058
112,050
13,043
85,600
124,680
106,004
100,161
225,000
8,683
940,000
65,150
13,275
122,500
117,350
105,000
140,000
95,625
14,173
374,983
14,800
17,817
81,290
110,450
83,000
81,033
9,284
165,750
100,938
34,174
134,396
18,500
173,250
110,701

MARKET VALUE
4,251,161
3,458,493
23,062,965
42,701,537
6,282,179
2,235,540
4,227,963
7,683,174
2,523,902
1,725,425
6
517,628
6,055,463
1,022,832
3,967,798
213,300
16,025,128
1,373,004
1,889,097
49,151
1,911,757
8,861,025
11,170,007
7,397,877
929,943
136,789
2,248,230
7,253,960
3,886,333
13,905,450
805,913
1,671,320
625,375
36,413
4,951,695
532,417
3,776,115
8,612,800
5,368,770
720,246
15,038,306
1,480,000
1,514,506
3,354,125
87,476
2,822,913
141,727
1,017,093
10,326,225
9,014,022
2,858,125
7,914,849
1,465,293
5,279,447
6,720,295

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
Private Equity
December 31, 2003
ISSUER

SHARES

RIPPLEWOOD PARTNERS II, L.P.
SEQUOIA CAPITAL FRANCHISE
SEQUOIA CAPITAL GROWTH
SEQUOIA CAPITAL III
SEQUOIA CAPITAL IX
SEQUOIA CAPITAL VI
SEQUOIA CAPITAL VII
SEQUOIA CAPITAL VIII
SEQUOIA CAPITAL X
SKM EQUITY FUND II
TECHNOLOGY VENTURE IV
VENTURE STRATEGY PARTNERS II
VERSANT VENTURES I
VERSANT VENTURES II
WARBURG PINCUS PRIVATE EQTY VIII
WCAS CAPITAL PARTNERS II
WCAS VI
WCAS VII
WELSH CARSON CP III
Total Private Equity
% of Portfolio

Source: University of California, Office of the Treasurer

21,120
122,354
79,876
35,920
116,550
61,680
90,815
115,372
178,920
373,218
100,080
91,125
126,000
67,500
200,551
155,400
364,600
698,947
1,260,000

MARKET VALUE
1,291,112
5,082,356
272,297
30,532
3,639,157
922,171
4,127,814
4,992,493
9,229,946
18,079,044
880,304
3,583,582
11,397,582
5,617,418
15,998,561
4,210,874
11,589,905
29,628,363
113,150,520
526,826,614
2.0%

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
Total Equity
December 31, 2003
Total Equities
Cash and Equivalents
% of Portfolio
TOTAL UCRP EQUITY PORTFOLIO

Source: University of California, Office of the Treasurer

26,773,010,965
27,628,000
0.1%
26,800,638,965

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
BOND PORTFOLIO
December 31, 2004
DESCRIPTION
ALCAN INC
ALCAN INC
ALLSTATE CORP
ALLSTATE CORP
AMERICA MOVIL
AMERICA MOVIL SA
AMERICAN ELEC PWR INC
AMERICAN ELECTRIC POWER
AMERICAN GENERAL CAP II
AMERICAN GENERAL FINANCE
AMERICAN INTERNATIONAL GROUP
ANADARKO FINANCE
AOL TIME WARNER INC
ARCEL FINANCE LIMITED
AT&T WIRELESS
ATHABASCA OIL SANDS
BAFC 2004-1
BECTON DICKINSON
BECTON DICKINSON & CO
BELLSOUTH CORP
BELLSOUTH CORP
BELLSOUTH CORP
BELLSOUTH CORP
BOAA 2004
BOAA 2004-2 3A1
BOAMS 2004-1 2A1
BOAMS 2004-7 4A1
BP CAP MKTS AMER
BRITISH SKY BROADCASTING
BRITISH SKY BROADCASTING GRP
BRITISH TEL PLC
BURLINGTON RESOURCES
BURLINGTON RESOURCES
CANADIAN NATL RAILROAD
CANADIAN NATL RAILROAD
CELULOSA ARAUCO
CELULOSA ARAUCO
CENTEX
CINCINNATI GAS & ELEC
CINCINNATI GAS & ELEC CO
CITIGROUP
CITIGROUP INC
CITIGROUP INC
CITIGROUP INC

NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC

NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC

PAR VALUE
6,000,000
8,000,000
10,800,000
10,500,000
23,900,000
18,700,000
4,500,000
9,000,000
13,000,000
13,500,000
26,000,000
23,500,000
16,500,000
11,000,000
14,000,000
20,000,000
40,623,738
21,500,000
3,500,000
13,000,000
11,250,000
10,000,000
14,790,000
14,127,080
18,191,872
19,564,761
12,706,060
15,000,000
9,545,000
5,000,000
24,500,000
11,000,000
24,300,000
22,210,000
16,025,000
4,500,000
33,132,000
2,500,000
14,000,000
12,400,000
45,000,000
20,000,000
6,500,000
8,500,000

Source: University of California, Office of the Treasurer of The Regents

RATE
5.200
6.125
5.000
7.200
5.500
5.750
5.375
5.250
8.500
4.000
4.250
7.500
7.625
7.048
8.125
8.200
6.000
7.000
4.550
4.750
5.200
5.200
6.550
6.000
6.000
5.500
5.000
4.200
8.200
6.875
8.875
7.200
9.875
6.800
6.900
5.125
7.750
5.800
5.375
5.400
6.000
5.125
5.000
5.850

MATURITY
1/15/2014
12/15/2033
8/15/2014
12/1/2009
3/1/2014
1/15/2015
3/15/2010
6/1/2015
7/1/2030
3/15/2011
5/15/2013
5/1/2031
4/15/2031
9/1/2011
5/1/2012
4/1/2027
2/25/2034
8/1/2027
4/15/2013
11/15/2012
9/15/2014
12/15/2016
6/15/2034
2/25/2034
3/25/2034
2/25/2034
8/25/2019
6/15/2018
7/15/2009
2/23/2009
12/15/2030
8/15/2031
6/15/2010
7/15/2018
7/15/2028
7/9/2013
9/13/2011
9/15/2009
6/15/2033
6/15/2033
10/31/2033
5/5/2014
9/15/2014
12/11/2034

MARKET VALUE
6,157,274
8,508,343
10,850,001
11,897,015
23,765,442
18,739,083
4,692,085
9,022,327
17,374,674
13,066,729
25,112,385
28,948,431
19,958,662
11,241,560
16,916,739
24,281,576
41,623,537
25,134,986
3,464,397
13,096,879
11,474,014
10,054,628
16,113,507
14,487,167
18,656,367
19,659,073
12,807,769
13,782,671
11,032,030
5,484,181
32,724,480
13,150,703
30,789,373
26,176,784
18,510,539
4,453,096
38,285,655
2,646,447
13,328,047
11,842,496
46,472,381
20,486,218
6,525,213
8,762,228

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
BOND PORTFOLIO
December 31, 2004
DESCRIPTION
CITIGROUP INC
CLEAR CHANNEL COMMUNICATION
CLEAR CHANNEL COMMUNICATIONS
CLEAR CHANNEL COMMUNICATIONS
CMSI 2004-5 23A5
CODELCO INC
CODELCO INC
COMCAST CABLE COMMUNICATIONS
COMCAST CORP
COMCAST CORP
COMCAST CORP
COMCAST CORP
COSOLIDATED NATURAL GAS
COUNTRYWIDE FINANCIAL
COX COMMUNICATIONS INC NEW
COX COMMUNICATIONS INC.
CRH AMERICA
CRH AMERICA
CWHL 2003-50 A1
D.R. HORTON INC.
DAIMLERCHRYS NA
DANA CORPORATION
DELHAIZE AMER INC
DEV BANK SINGAPORE
DEVELOPERS DIVERS REALTY
DIAGEO FINANCE
DIAMLERCHRYSLER NA HLDG
DR HORTON INC
DR HORTON INC.
EATON CORP
EMPRESA NACIONAL DE ELCTRCID
ENBRIDGE ENERGY PARTNERS L P
ENCANA CORP
ENERSIS SA
ENTERPRISE PRODUCTS
ENTERPRISE PRODUCTS
ENTERPRISE PRODUCTS OPER
EOP OPERATING LP
ERAC USA FINANCE
FANNIE MAE
FANNIE MAE
FANNIE MAE
FANNIE MAE
FEDERAL HOME LOAN BANK

NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC

PAR VALUE
15,000,000
7,000,000
4,000,000
9,500,000
19,434,195
13,500,000
15,000,000
18,200,000
6,750,000
6,800,000
29,200,000
19,500,000
12,000,000
7,800,000
14,400,000
9,800,000
10,700,000
25,000,000
16,128,941
17,500,000
8,650,000
7,400,000
12,850,000
22,500,000
12,550,000
32,000,000
4,500,000
2,900,000
8,600,000
8,750,000
4,500,000
19,100,000
19,000,000
27,000,000
7,500,000
15,250,000
4,000,000
17,500,000
28,000,000
308,000,000
148,960,000
185,300,000
34,700,000
55,500,000

Source: University of California, Office of the Treasurer of The Regents

RATE
6.000
5.500
4.250
4.400
4.500
4.750
6.375
8.875
5.500
5.850
6.500
7.050
5.000
4.000
5.500
4.625
5.300
6.400
5.000
5.625
8.500
5.850
9.000
5.000
5.250
3.875
6.500
5.000
5.625
8.100
8.500
4.750
6.500
7.375
6.650
6.875
4.625
4.650
6.700
3.875
4.000
5.125
5.250
5.375

MATURITY
2/21/2012
9/15/2014
5/15/2009
5/15/2011
8/25/2034
10/15/2014
11/30/2012
5/1/2017
3/15/2011
1/15/2010
1/15/2015
3/15/2033
3/1/2014
3/22/2011
10/1/2015
1/15/2010
10/15/2013
10/15/2033
11/25/2018
1/15/2016
1/18/2031
1/15/2015
4/15/2031
11/15/2019
4/15/2011
4/1/2011
11/15/2013
1/15/2009
9/15/2014
8/15/2022
4/1/2009
6/1/2013
8/15/2034
1/15/2014
10/15/2034
3/1/2033
10/15/2009
10/1/2010
6/1/2034
11/17/2008
12/15/2008
1/2/2014
8/1/2012
2/15/2007

MARKET VALUE
16,419,008
7,016,004
3,954,707
9,207,725
19,197,341
13,243,420
16,540,523
23,802,203
7,123,329
7,251,932
32,408,554
22,280,010
12,088,505
7,561,300
14,319,953
9,798,300
10,949,479
27,065,491
16,274,714
17,215,625
10,737,508
7,326,000
16,625,330
22,331,025
12,771,916
31,226,731
4,865,296
2,921,750
8,578,500
11,301,246
5,118,721
18,646,589
20,883,412
29,426,490
7,728,275
16,176,624
3,983,020
17,569,402
30,140,507
306,520,522
148,775,170
189,274,907
36,036,450
57,726,765

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
BOND PORTFOLIO
December 31, 2004
DESCRIPTION
FEDERAL NATL MTG ASSN
FEDERAL NATL MTG ASSN
FGCI PL B14157
FGCI POOL #B10827
FGCI POOL #B11815
FGCI POOL #B13457
FGCI POOL #E01084
FGCI POOL #E01098
FGCI POOL #E01251
FGCI POOL #E01311
FGCI POOL #E01537
FGLMC POOL # C79601
FGLMC POOL #A12330
FGLMC POOL #A12886
FGLMC POOL #A14235
FGLMC POOL #A14282
FGLMC POOL #C01404
FGLMC POOL #C76289
FGLMC POOL #C77031
FGLMC POOL #G01674
FGLMC POOL 78907
FGLMC POOL C01676
FGTW POOL C90847
FGTW POOL C90865
FHARM POOL #781285
FHLG POOL #C62885
FHR 2567 MC
FHR 2601 TA
FIFTH THIRD BANK
FIRSTENERGY CORP
FIRSTENERGY CORP
FIRSTENERGY CORP
FLORIDA POWER
FNARM POOL #555893
FNARM POOL #746038
FNARM POOL #748088
FNARM POOL #759753
FNARM POOL #767500
FNARM POOL #770305
FNARM POOL #770306
FNCI POOL #254308
FNCI POOL #254373
FNCI POOL #254719
FNCI POOL #254804

NC
NC

NC
NC
NC
NC
NC

PAR VALUE
200,000,000
90,600,000
11,945,977
43,210,195
22,514,111
20,201,050
8,284,300
13,818,746
12,581,047
10,601,546
2,421,776
8,481,200
21,669,641
39,863,669
32,249,782
11,363,855
20,427,173
9,777,951
24,243,882
17,851,934
7,097,867
56,552,719
19,071,705
16,285,370
17,842,082
7,752,066
6,148,550
12,238,336
25,000,000
4,200,000
2,360,000
26,500,000
18,000,000
20,969,003
9,000,095
4,252,254
7,582,954
5,272,618
5,087,492
8,285,016
1,651,357
1,174,516
29,715,764
9,673,455

Source: University of California, Office of the Treasurer of The Regents

RATE
3.750
4.625
4.000
4.500
4.500
4.500
5.500
6.000
5.500
5.500
4.500
5.000
5.000
5.000
5.000
5.000
6.500
6.000
6.000
5.500
5.000
6.000
6.000
6.000
4.780
6.500
4.000
4.000
3.375
5.500
6.450
7.375
5.100
3.917
4.725
4.095
5.036
4.485
4.422
4.432
6.500
6.500
4.500
5.500

MATURITY
9/15/2008
5/1/2013
5/1/2019
11/1/2018
1/1/2019
1/1/2019
1/1/2017
2/1/2017
11/1/2017
2/1/2018
12/1/2018
5/1/2033
8/1/2033
8/1/2033
10/1/2033
10/1/2033
10/1/2032
1/1/2033
3/1/2033
4/1/2034
5/1/2033
11/1/2033
8/1/2024
11/1/2024
2/1/2034
1/1/2032
12/15/2032
10/15/2022
8/15/2008
11/15/2006
11/15/2011
11/15/2031
12/1/2015
10/1/2033
1/1/2034
9/1/2033
1/1/2034
3/1/2034
4/1/2034
3/1/2034
5/1/2017
7/1/2017
4/1/2018
7/1/2018

MARKET VALUE
198,908,400
89,787,898
11,686,690
43,208,069
22,513,003
20,156,416
8,561,789
14,488,061
12,999,949
10,955,716
2,421,657
8,453,738
21,599,474
39,734,590
32,145,356
11,327,058
21,411,579
10,099,828
25,041,957
18,157,727
7,074,884
58,414,356
19,806,680
16,912,967
18,012,438
8,125,646
6,152,627
12,099,134
24,636,807
4,325,442
2,558,711
30,153,224
18,076,672
20,777,681
9,106,782
4,227,693
7,722,223
5,294,088
5,092,977
8,295,596
1,749,255
1,244,145
29,716,264
10,003,442

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
BOND PORTFOLIO
December 31, 2004
DESCRIPTION
FNCI POOL #545125
FNCI POOL #545296
FNCI POOL #555813
FNCI POOL #639018
FNCI POOL #645562
FNCI POOL #651388
FNCI POOL #652610
FNCI POOL #681357
FNCI POOL #681405
FNCI POOL #687579
FNCI POOL #689076
FNCI POOL #689080
FNCI POOL #689584
FNCI POOL #689613
FNCI POOL #689619
FNCI POOL #689620
FNCI POOL #689621
FNCI POOL #694431
FNCI POOL #695916
FNCI POOL #702895
FNCI POOL #704939
FNCI POOL #709844
FNCI POOL #730016
FNCI POOL #737040
FNCI POOL #737043
FNCI POOL #738691
FNCI POOL #747799
FNCI POOL #748727
FNCI POOL #755497
FNCL PL 255458
FNCL PL 763681
FNCL POO1 #748794
FNCL POOL #545759
FNCL POOL #555329
FNCL POOL #662707
FNCL POOL #662950
FNCL POOL #669991
FNCL POOL #676919
FNCL POOL #676956
FNCL POOL #677508
FNCL POOL #677685
FNCL POOL #682059
FNCL POOL #683160
FNCL POOL #684745

PAR VALUE
4,015,121
8,149,202
22,303,514
3,195,188
3,621,542
2,228,505
18,380,368
18,561,118
16,922,773
1,215,804
3,219,298
18,769,903
5,776,522
5,077,188
2,455,353
6,368,791
8,432,890
27,255,943
26,222,876
46,095,154
4,597,163
11,385,195
16,940,832
3,529,869
3,704,550
2,658,279
28,540,673
5,675,529
8,516,814
29,591,192
8,615,014
8,640,474
16,149,680
31,412,463
3,050,588
4,602,429
1,306,109
2,370,959
14,538,252
3,660,289
11,758,032
7,270,835
3,597,748
19,141,304

Source: University of California, Office of the Treasurer of The Regents

RATE
6.000
6.000
4.000
6.500
6.500
6.500
5.000
5.000
5.000
6.500
5.000
5.000
5.500
4.500
4.500
5.000
4.500
5.000
5.000
5.000
5.500
5.000
4.000
4.500
4.500
6.000
5.500
5.500
5.500
5.500
5.500
6.500
6.500
5.000
6.500
6.500
5.500
6.000
5.000
6.000
5.000
5.500
6.000
6.500

MATURITY
8/1/2016
11/1/2016
10/1/2018
4/1/2017
6/1/2032
8/1/2017
4/1/2018
3/1/2018
3/1/2018
4/1/2033
6/1/2018
6/1/2018
2/1/2018
5/1/2018
6/1/2018
6/1/2018
6/1/2018
3/1/2018
5/1/2018
4/1/2018
4/1/2018
5/1/2018
4/1/2018
10/1/2018
10/1/2018
10/1/2033
12/1/2018
10/1/2018
11/1/2018
11/1/2034
1/1/2034
11/1/2033
7/1/2032
4/1/2033
10/1/2032
2/1/2033
2/1/2033
1/1/2033
1/1/2033
1/1/2033
2/1/2033
4/1/2033
2/1/2033
4/1/2033

MARKET VALUE
4,207,201
8,539,051
21,795,688
3,384,609
3,793,725
2,360,619
18,698,037
18,881,911
17,215,250
1,272,945
3,274,937
19,094,304
5,973,575
5,077,273
2,455,395
6,478,863
8,433,033
27,727,008
26,676,087
46,891,818
4,753,985
11,581,965
16,555,109
3,529,928
3,704,612
2,747,215
29,514,271
5,869,136
8,807,344
30,060,823
8,755,920
9,046,561
16,917,501
31,271,745
3,195,626
4,821,247
1,327,472
2,450,442
14,495,585
3,782,749
11,705,360
7,389,755
3,718,115
20,040,911

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
BOND PORTFOLIO
December 31, 2004
DESCRIPTION
FNCL POOL #689108
FNCL POOL #694517
FNCL POOL #702449
FNCL POOL #705209
FNCL POOL #709519
FNCL POOL #710141
FNCL POOL #721211
FNCL POOL #726054
FNCL POOL #747817
FNCL POOL #748767
FNCL POOL #748768
FNCL POOL #748795
FNCL POOL #749770
FNCL POOL #753035
FNCL POOL #753093
FNCL POOL #753412
FNCL POOL #753466
FNCL POOL #753595
FNCL POOL #757113
FNCL POOL #766748
FNCL POOL #790927
FNCL POOL #793349
FNCL POOL #794921
FNCL POOL #794967
FNCL POOL #794978
FNCL POOL 793999
FNCL POOL 794256
FNCLTBA
FNCT POOL #255417
FNCT POOL #255511
FNCT POOL #747580
FNGT 2004-T1
FNGT 2004-T3
FNMA POOL #254147
FNMA POOL #545506
FNMA POOL #545872
FNMA POOL #555139
FNMA POOL #555273
FNMA POOL #555969
FNMA POOL #581706
FNMA POOL #597545
FNMA POOL #633857
FNMA POOL #633865
FNMA POOL #635030

PAR VALUE
30,170,864
31,846,785
14,693,015
16,491,979
27,452,431
9,311,959
16,218,578
16,971,349
35,665,538
14,220,536
4,875,148
3,798,494
12,316,665
175,258
12,745,049
13,820,706
8,403,233
16,037,991
3,432,867
23,863,184
12,910,111
55,947,382
132,193,329
11,640,876
23,839,468
26,591,953
46,587,919
578,803
23,045,868
10,558,730
6,828,327
18,573,474
26,861,482
1,340,757
5,774,637
29,274,445
18,748,282
1,309,627
22,766,572
3,992,563
2,442,548
4,531,052
1,323,776
9,454,299

Source: University of California, Office of the Treasurer of The Regents

RATE
5.500
5.500
6.000
5.500
5.500
5.500
5.000
5.500
4.500
6.500
7.000
7.000
6.000
6.500
6.500
5.500
5.500
6.000
6.000
5.500
6.000
6.000
5.500
5.500
5.500
5.500
5.500
6.500
6.000
6.000
6.000
6.500
7.000
6.500
7.000
6.500
6.500
6.500
4.000
6.500
6.500
7.000
7.000
6.500

MATURITY
2/1/2033
4/1/2033
6/1/2033
5/1/2033
6/1/2033
5/1/2033
6/1/2033
6/1/2033
11/1/2018
11/1/2033
11/1/2033
11/1/2033
11/1/2033
12/1/2033
12/1/2033
11/1/2033
11/1/2033
11/1/2033
12/1/2033
3/1/2034
9/1/2034
8/1/2034
10/1/2034
10/1/2034
10/1/2034
9/1/2034
9/1/2034
5/1/2034
9/1/2024
11/1/2024
11/1/2023
1/25/2044
2/25/2044
1/1/2032
2/1/2032
7/1/2032
10/1/2032
12/1/2032
12/1/2018
7/1/2031
9/1/2031
3/1/2032
3/1/2032
5/1/2032

MARKET VALUE
30,664,334
32,367,665
15,184,587
16,761,719
27,901,438
9,464,263
16,145,924
17,248,929
35,666,139
14,888,876
5,151,498
4,013,813
12,728,734
183,494
13,344,044
14,046,755
8,540,674
16,574,561
3,547,718
24,241,908
13,346,936
57,840,410
134,291,321
11,825,624
24,217,816
27,013,985
47,327,299
606,321
23,932,986
10,965,174
7,088,677
19,552,209
28,464,710
1,404,394
6,109,056
30,666,271
19,639,651
1,371,787
22,248,203
4,182,066
2,558,481
4,793,453
1,400,438
9,903,794

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
BOND PORTFOLIO
December 31, 2004
DESCRIPTION
FNMA POOL #640008
FNMA POOL #672415
FNMA POOL #676868
FNMA POOL #753077
FNMA-POOL #627118
FNR 03-18 PA
FNR 03-19 ME
FNR 03-42 CA
FNR 03-58 MC
FNR 03-63 GU
FNR 03-63 TJ
FNR 2003-20
FORD MOTOR CREDIT
FORD MOTOR CREDIT
FORD MOTOR CREDIT
FORD MOTOR CREDIT CO
FREDDIE MAC
FREDDIE MAC
FREDDIE MAC
GENERAL ELECTRIC CAPITAL
GENERAL ELECTRIC COMPANY
GENERAL MOTORS
GENERAL MOTORS
GEORGIA POWER
GEORGIA POWER
GMAC
GMAC
GMAC
GNMA-I POOL #603419
GNMA-I POOL #781130
GNMA-II POOL #2824
GNMA-II POOL #2999
GNMA-II POOL #3011
GNSF POOL #598267
GNSF POOL #612376
GNSF POOL #621888
GNSF POOL #627135
GNSF POOL #781324
GOLDMAN SACHS
GOLDMAN SACHS
GOLDMAN SACHS
GRAND MET INVT CORP
GRUPO TELEVISA SA
GRUPO TELEVISA SA

NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC

NC
NC
NC
NC
NC
NC

PAR VALUE
4,808,742
6,400,339
7,227,402
4,243,354
14,296,910
6,952,238
5,023,331
2,993,068
7,757,610
13,976,508
48,494,584
2,218,908
15,000,000
3,000,000
11,500,000
11,000,000
450,000,000
303,000,000
50,000,000
92,000,000
79,750,000
30,700,000
4,500,000
15,000,000
5,000,000
6,800,000
30,410,000
5,500,000
12,684,033
7,535,151
1,594,969
3,638,392
1,937,742
3,373,199
36,639,363
5,538,074
5,553,490
5,893,025
30,500,000
30,000,000
7,000,000
13,000,000
5,000,000
28,963,000

Source: University of California, Office of the Treasurer of The Regents

RATE
7.000
6.500
6.000
6.500
7.000
4.000
4.000
4.000
3.750
4.000
3.000
4.500
6.625
7.375
7.450
5.700
4.250
5.000
6.250
6.750
5.000
8.250
8.375
5.125
5.750
6.750
6.875
8.000
5.500
7.000
7.000
7.500
7.500
6.000
5.500
6.000
5.000
7.000
4.750
5.150
6.125
9.000
8.000
8.500

MATURITY
4/1/2032
9/1/2032
1/1/2033
12/1/2033
3/1/2032
7/25/2032
3/25/2031
5/25/2033
7/25/2033
7/25/2033
8/25/2032
3/25/2031
10/1/2028
2/1/2011
7/16/2031
1/15/2010
5/4/2009
1/30/2014
3/5/2012
3/15/2032
2/1/2013
7/15/2023
7/15/2033
11/15/2012
4/15/2023
12/1/2014
8/28/2012
11/1/2031
2/15/2033
1/15/2030
10/20/2029
11/20/2030
12/20/2030
6/15/2033
11/15/2033
1/15/2034
3/15/2034
7/15/2031
7/15/2013
1/15/2014
2/15/2033
8/15/2011
9/13/2011
3/11/2032

MARKET VALUE
5,087,224
6,704,637
7,469,690
4,442,784
15,124,868
6,796,111
5,020,164
2,926,870
7,481,038
14,014,576
45,770,599
2,230,033
13,855,202
3,231,430
11,452,996
11,090,726
450,961,110
303,779,195
52,235,015
107,464,721
81,835,498
31,943,555
4,628,908
15,345,737
5,061,566
6,771,002
30,742,361
5,606,255
12,966,665
7,998,728
1,690,521
3,891,662
2,072,629
3,495,574
37,455,779
5,738,989
5,563,989
6,253,133
30,186,939
30,414,347
7,219,027
16,390,043
5,800,000
33,452,265

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
BOND PORTFOLIO
December 31, 2004
DESCRIPTION
GSR 2004-2F 14A1
HARRAHS OPERATING CO
HERTZ CORP
HILTON HOTELS
HUTCH WHAM INTL LTD
HUTCHISON WHAMP INTL LTD.
IBM CORP
IBM CORP
ILLINOIS STATE TAXABLE PENSION
INTL BK R&D(INTPT)STRIPS
INTL BK R&D(PRNPT)STRIPS
JERSEY CENT PWR & LT CO
KFW INTL FINANCE
KIMBERLY CLARK DE MEX
L 3 COMMUNICATIONS CORP
L-3 COMMS CORP
LOBLAW
LOBLAW CO. LTD
LOBLAW CO. LTD RESIDS
LOCKHEED MARTIN CORP
LORAL
LUBRIZOL CORP
LUBRIZOL CORP
M & I CAPITAL SEC.
MASCO
MASTR 2003-10 1A1
MASTR 2003-7 1A2
MELLON A CAPITAL SEC.
MGM GRAND
MGM MIRAGE
MORGAN STANLEY
MSM 2004-3
MSSTR 2004-2
NEW BRUNSWICK PROV CDA
NEWS AMER INC
NEWS AMER INC.
NEWS AMERICA HOLDINGS
NEXTEL COMMUNICATIONS
NISOURCE FINANCE
NORFOLK SOUTHERN
OHIO POWER
PACIFIC GAS & ELECTRIC
PACIFIC GAS & ELECTRIC
PEARSON PLC (U.K.) RULE 144A.

NC
NC
NC
NC
NC
NC
NC
SNK 24
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC06
NC

NC06
NC
NC
NC

NC
NC
NC
NC
3/09@
NC
NC
NC
NC
NC
NC

PAR VALUE
11,491,231
15,750,000
16,500,000
3,000,000
9,450,000
8,300,000
20,000,000
21,200,000
16,635,000
60,000,000
32,000,000
5,000,000
17,000,000
30,000,000
8,700,000
13,300,000
25,000,000
28,000,000
40,000,000
9,500,000
26,300,000
14,250,000
2,500,000
12,200,000
6,000,000
56,979,893
12,731,636
16,500,000
11,000,000
14,175,000
50,750,000
23,384,454
100,000,000
5,000,000
8,000,000
9,000,000
21,700,000
4,500,000
6,500,000
13,161,000
9,745,000
8,000,000
12,000,000
10,000,000

Source: University of California, Office of the Treasurer of The Regents

RATE
5.500
5.500
4.700
7.625
6.250
7.450
4.750
6.220
5.100
0.000
0.000
5.625
5.250
8.875
6.125
5.875
6.650
6.500
0.000
8.500
7.000
4.625
6.500
7.650
7.125
5.500
5.500
7.720
6.000
6.750
4.750
6.000
6.500
3.500
6.550
6.200
7.700
5.950
5.400
9.000
6.600
4.200
4.800
4.700

MATURITY
9/25/2019
7/1/2010
10/2/2006
12/1/2012
1/24/2014
11/24/2033
11/29/2012
8/1/2027
6/1/2033
2/15/2016
2/15/2015
5/1/2016
6/28/2006
8/1/2009
1/15/2014
1/15/2015
11/8/2027
1/22/2029
5/23/2031
12/1/2029
9/15/2023
10/1/2009
10/1/2034
12/1/2026
8/15/2013
11/25/2033
9/25/2033
12/1/2026
10/1/2009
9/1/2012
4/1/2014
4/25/2034
12/1/2034
10/23/2007
3/15/2033
12/15/2034
10/30/2025
3/15/2014
7/15/2014
3/1/2021
2/15/2033
3/1/2011
3/1/2014
6/1/2009

MARKET VALUE
11,778,062
16,348,845
16,667,730
3,505,573
9,929,111
9,157,031
20,398,039
23,201,979
15,979,082
33,564,708
19,297,885
5,215,469
17,500,310
35,362,998
8,961,000
13,266,750
22,692,420
24,960,984
6,533,788
12,975,448
30,030,718
14,228,645
2,522,663
13,122,710
6,935,107
57,336,274
12,810,339
17,907,366
11,275,000
14,919,188
49,455,660
23,985,542
103,171,875
5,006,068
8,519,947
9,165,780
25,803,605
4,657,500
6,661,366
17,698,555
10,928,739
7,905,770
11,939,257
10,163,892

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
BOND PORTFOLIO
December 31, 2004
DESCRIPTION
PEMEX PRJ FDG MASTER TR 144A
PEMEX PROJECT
PEMEX PROJECT
PEMEX PROJECT
PETROBRAS INTL FINANCE
PETRO-CANADA
PFIZER INC
PROGRESS ENERGY
PSI ENERGY INC
RALI 2004-QS6 A
RBS CAPITAL TRUST III
REPUBLIC OF BRAZIL
REPUBLIC OF BRAZIL
REPUBLIC OF BRAZIL
RFCO STRIPS
RFCO STRIPS
RFMSI 2003-28 A1
RFMSI 2004-S9
ROYAL BK SCOTLAND
ROYAL CARIBBEAN CRUISES
ROYAL CARIBBEAN CRUISES
RYLAND GROUP
S A S C 2003-20 1A1
SASC 2003-30 1A1
SEARIVER MARITIME INC.
SHAW
SHAW COMMUNICATIONS INC
SIMON PROPERTY GROUP
SOUTHERN POWER
SPRINT
SPRINT CAP CORP
STATE STREET BANK
STATE STREET INSTL CAP B
STRIP PRINCIPAL
STRIPS
SUNCOR ENERGY
SUNCOR ENERGY
TELECOM ITALIA CAPITAL
TELECOM ITALIA CAPITAL
TELEFONOS MEXICO
TENGIZCHEVROIL LLP
TIME WARNER ENTERTAINMENT
TIME WARNER ENTERTAINMENT
TIME WARNER INC.

NC
NC
NC
NC
NC
NC
NC
NC
NC
9/14@
NC
NC
NC
NC
NC

NC
NC
NC
NC

NC
NC
NC
NC
NC
NC
NC
NC
NC07
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC

PAR VALUE
29,700,000
8,250,000
4,000,000
14,500,000
5,500,000
11,500,000
5,000,000
16,000,000
13,000,000
37,067,438
28,900,000
4,500,000
3,000,000
7,050,000
111,500,000
105,000,000
9,910,615
16,000,000
8,000,000
7,250,000
3,525,000
12,750,000
33,235,278
39,606,844
43,815,000
18,000,000
8,555,000
8,390,000
20,000,000
43,000,000
19,650,000
3,500,000
9,000,000
922,500,000
198,500,000
3,000,000
18,000,000
3,800,000
52,000,000
11,900,000
13,300,000
43,375,000
30,750,000
8,500,000

Source: University of California, Office of the Treasurer of The Regents

RATE
8.625
6.125
7.375
8.000
7.750
5.000
4.650
7.000
5.000
5.000
5.512
8.875
9.250
10.000
0.000
0.000
5.000
5.500
6.400
6.875
7.500
5.375
5.500
5.500
0.000
7.500
7.200
4.875
4.875
6.875
6.900
5.250
8.035
0.000
0.000
5.950
5.950
4.000
6.375
4.500
6.124
8.375
8.375
6.875

MATURITY
2/1/2022
8/15/2008
12/15/2014
11/15/2011
9/15/2014
11/15/2014
3/1/2018
10/30/2031
9/15/2013
5/25/2019
9/29/2049
10/14/2019
10/22/2010
8/7/2011
4/15/2016
10/15/2017
5/25/2018
12/1/2034
4/1/2009
12/1/2013
10/15/2027
6/1/2008
7/25/2033
10/25/2033
9/1/2012
11/20/2013
12/15/2011
8/15/2010
7/15/2015
11/15/2028
5/1/2019
10/15/2018
3/15/2027
8/15/2017
8/15/2017
12/1/2034
12/1/2034
1/15/2010
11/15/2033
11/19/2008
11/15/2014
3/15/2023
7/15/2033
6/15/2018

MARKET VALUE
34,526,250
8,745,000
4,440,000
16,675,000
5,788,750
11,474,295
4,805,185
17,605,008
12,982,467
37,409,248
29,561,837
4,740,750
3,352,500
8,170,950
64,923,651
55,711,194
9,998,933
16,102,500
8,727,535
7,830,000
3,846,656
13,260,000
33,440,865
39,856,794
31,290,803
16,140,304
9,442,581
8,551,759
19,686,986
47,069,978
21,939,871
3,510,544
10,451,596
510,714,450
109,423,125
3,140,097
18,840,585
3,724,022
53,600,986
12,005,791
13,333,250
54,376,452
39,771,659
9,593,550

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
BOND PORTFOLIO
December 31, 2004
DESCRIPTION
TOYOTA MTR CRED
NC
TRANS - CANADA PL
NC
TRANSCANADA PIPELINE
NC
U S TREAS BD STRIPPED PRIN
NC
U S TREAS BD STRIPPED PRIN
NC
U S TREAS BD STRIPPED PRIN
NC
U S TREAS SEC STRIPPED INT PRIN
NC
U S TREASURY BILL
U.S.BANCORP CAP A SEC.
NC06
UNION ELECTRIC
NC
UNITED MEXICAN STATES
NC
UNITED MEXICAN STS MTN BE
NC
UNITED STATES MEXICAN
NC
UNIVISION COMM INC
NC
US BANK NA
NC
US TREASURY BONDS
NC
US TREASURY BONDS
NC
US TREASURY NOTES
NC
US TREASURY NOTES
NC
US TREASURY STRIP
NC
US TREASURY STRIPS
NC
US TREASURY(INPUT)STRIPS
NC
US TREASURY(INTPT)STRIPS
NC
VALE OVERSEAS LIMITED
NC
VERIZON GLOBAL
NC
VERIZON NEW ENGLAND INC.
NC
VERIZON NY INC.
NC
VESSEL MGMT SVC TITLE XI
NC
VIRGINIA EL&PWR
NC
VODAFONE GROUP
NC
VODAFONE GROUP
NC
WACHOVIA CAPITAL SEC.
NC07
WELLS FARGO & CO
NC
WELLS FARGO COMPANY
NC
WFMBS 2003-6 1A1
WFMBS 2004-7 1A1
WFMBS 2004-7 2A1
WORLD SAV BK FSB
NC
XTO ENERGY INC
NC
TOTAL BOND PORTFOLIO
Cash and Equivalents
TOTAL UCRP BOND PORTFOLIO

PAR VALUE
4,000,000
7,000,000
21,320,000
350,000,000
700,000,000
300,000,000
300,000,000
7,617,000
19,000,000
12,000,000
7,200,000
22,810,000
14,200,000
7,500,000
12,500,000
7,750,000
26,900,000
63,700,000
258,650,000
150,000,000
112,000,000
160,000,000
200,000,000
23,300,000
27,100,000
16,400,000
12,930,000
13,548,500
26,500,000
12,500,000
5,000,000
21,000,000
12,500,000
17,500,000
9,019,304
9,828,698
19,171,522
13,000,000
14,500,000

Source: University of California, Office of the Treasurer of The Regents

RATE
5.650
4.875
8.290
0.000
0.000
0.000
0.000
0.000
8.270
5.100
8.125
4.625
6.750
3.875
4.800
7.875
8.875
5.750
6.500
0.000
0.000
0.000
0.000
8.250
7.750
4.750
7.375
6.080
4.750
5.375
7.750
7.965
4.950
5.125
5.000
4.500
4.500
4.125
5.000

MATURITY
1/15/2007
1/15/2015
2/5/2026
11/15/2016
11/15/2024
2/15/2025
11/15/2024
2/24/2005
12/15/2026
10/1/2019
12/30/2019
10/8/2008
9/27/2034
10/15/2008
4/15/2015
2/15/2021
2/15/2019
8/15/2010
2/15/2010
2/15/2013
2/15/2018
5/15/2017
2/15/2017
1/17/2034
12/1/2030
10/1/2013
4/1/2032
5/20/2024
3/1/2013
1/30/2015
2/15/2010
6/1/2027
10/16/2013
9/15/2016
6/25/2018
7/25/2019
7/25/2019
12/15/2009
1/31/2015

MARKET VALUE
4,202,436
6,976,243
22,665,901
202,779,514
256,235,000
108,231,000
109,161,003
7,594,149
21,033,465
11,915,056
8,478,000
23,117,935
14,022,500
7,457,279
12,400,793
10,473,583
38,724,971
70,136,251
292,846,119
106,663,502
59,969,279
89,849,597
113,520,004
24,523,250
33,648,333
15,977,082
14,885,808
14,765,291
26,289,239
12,948,995
5,810,753
24,216,788
12,678,676
17,554,853
9,108,793
9,741,712
19,001,851
13,032,961
14,399,853
9,933,633,515
797,523,750
10,731,157,265

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
TIPS PORTFOLIO
December 31, 2004
DESCRIPTION
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX

NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC

PAR VALUE
114,200,000
192,017,000
200,865,000
180,845,000
104,660,000
212,075,000
158,524,000
60,184,000
48,200,000
110,629,000
165,870,000
158,033,000
151,682,000
184,758,000
108,144,000

TOTAL TIPS PORTFOLIO
Cash and Equivalents
TOTAL UCRP TIPS PORTFOLIO

Source: University of California, Office of the Treasurer of The Regents

RATE
0.875
1.875
2.000
2.000
2.375
3.000
3.375
3.375
3.375
3.500
3.625
3.625
3.875
3.875
4.250

MATURITY
4/15/2010
7/15/2013
1/15/2014
7/15/2014
1/15/2025
7/15/2012
1/15/2007
1/15/2012
4/15/2032
1/15/2011
1/15/2008
4/15/2028
1/15/2009
4/15/2029
1/15/2010

MARKET VALUE
113,925,475
205,221,054
214,807,683
188,957,897
113,212,707
251,231,948
202,311,981
73,669,137
68,540,952
137,795,555
213,541,594
244,606,297
197,975,412
294,062,992
142,314,649
2,662,175,333
272,000
2,662,447,333

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
BOND PORTFOLIO
December 31, 2004
DESCRIPTION
TOTAL UCRP BOND PORTFOLIO
TOTAL UCRP TIPS PORTFOLIO
GRAND TOTAL UCRP BOND PORTFOLIO

Portfolio market values do not include accruals.

Source: University of California, Office of the Treasurer of The Regents

MARKET VALUE
10,731,157,265
2,662,447,333
13,393,604,598

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
PUBLIC EQUITY
December 31, 2004
ISSUER
AMERICAN CENTURY SC CORE R2000
AMEX/KENWOOD SC VALUE R2000V
ARK LC GROWTH
AXA ROSENBERG SMC CORE R2500
BURGUNDY SMC VALUE R2500V
CGI EMERGING MARKETS GF
CGT LC CORE
CORTINA SC GROWTH R2000G
DELAWARE SC GROWTH II R2000G
EAFE INDEX FUND
FRANKLIN PORTFOLIO LC CORE
FREEMAN LC CORE
GENESIS EMERGING MARKETS
GMO EMERGING MARKETS FUND
GSAM CONCENTRATED LC GROWTH
HARRIS LC VALUE
HOTCHKIS&WILEY LC DIVS. VALUE
INTECH LC BROAD GROWTH
IRONBRIDGE SC CORE R2000
LSV LC VALUE
MAZAMA SMC GROWTH R2500G
NWQ LC VALUE
PZENA LC VALUE
RUSSELL 1000 INDEX FUND
RUSSELL 3000 INDEX FUND
S & P 500 FUTURES 3/05
STATE STREET RM SC GROWTH R2000G
TEMPLETON EMERGING MKTS
THORNBURG LC VALUE
TRANSAMERICA LC GROWTH
UBS SC CORE R2000
VICTORY LC DIVERSIFIED
WELLINGTON LC GROWTH
WELLINGTON SC VALUE R2000V

SHARES

MARKET VALUE

90,611,833
114,652,462
3,383,266
94,891,713
88,764,529
2,596,301
3,389,953
45,506,705
72,415,918
31,176,202
4,367,408
2,415,826
543,487
3,597,504
3,863,850
3,390,407
3,888,139
3,911,310
113,855,061
2,428,160
99,740,883
2,425,196
3,368,609
33,426,424
119,941,211
336
175,117
4,511,938
3,384,753
2,922,445
103,632,382
2,429,751
2,898,856
103,607,306

107,529,878
132,134,669
375,589,388
107,157,037
102,107,436
188,543,402
372,248,110
49,001,529
77,898,889
3,311,421,597
478,266,933
265,720,488
162,308,837
61,733,172
427,300,258
370,724,356
435,460,299
430,022,336
129,709,948
266,250,644
102,645,537
263,208,191
371,572,174
5,542,268
17,567,940,702
100,099,490
1,641
68,085,147
372,699,330
325,944,682
116,651,615
262,006,342
319,278,717
120,257,726

TOTAL PUBLIC EQUITY

27,847,062,768
% of Portfolio

Source: University of California, Office of the Treasurer of The Regents

97.50%

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
PRIVATE EQUITY
December 31, 2004
ISSUER

MARKET VALUE

PRIVATE EQUITY DISTRIBUTIONS
BUYOUT FUNDS
INTERNATIONAL PRIVATE EQUITY
VENTURE CAPITAL PARTNERSHIPS
REAL ESTATE
TOTAL PRIVATE EQUITY
% of Portfolio

Source: University of California, Office of the Treasurer of The Regents

6,059,939
198,399,329
92,587,649
356,478,972
36,000,000
689,525,889
2.41%

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
TOTAL EQUITY
December 31, 2004
ISSUER

SHARES

TOTAL EQUITIES
Cash and Equivalents
% of Portfolio

TOTAL UCRP EQUITY PORTFOLIO

Portfolio market values do not include accruals.
Source: University of California, Office of the Treasurer of The Regents

MARKET VALUE

28,536,588,657
25,521,250
0.09%

28,562,109,907

UCRP
Holdings as of December 31, 2005
EQUITY INVESTMENTS
EXTERNALLY MANAGED FUNDS
(SC = Small Cap LC + Large Cap)
Security Name
Security Description
AMERICAN CENTURY SC
AMEX/KENWOOD SC
AQR NON-US
ARK ASSET MANAGEMENT CO INC LC
AXA ROSENBERG SC
BRANDYWINE NON- US
BURGUNDY SC
CAPITAL GUARDIAN TRUST COMPANY LC
CAUSEWAY NON-US
CGI EMERGING MARKETS GF
CORTINA ASSET MGT SC
DELAWARE GROWTH LC
DELAWARE INV ADV SC
EAFE + CANADA TF INTL INDEX FD
FRANKLIN PORTFOLIO ASSOCIATES LC
FREEMAN ASSOCIATES INVESTMENT LC
GENESIS EMERGING MKT FD
GMO NON US
GMO TR EMERGING MARKETS
GOLDMAN SACHS ASSET MGMT L P LC
HANSBERGER NON-US
HARRIS ASSOCIATES LP LC
HOTCHKIS + WILEY CAP MGMT LC
INTECH LC
IRONBRIDGE SC
JP MORGAN FLEMING NON-US
LSV ASSET MANAGEMENT LC
MAZAMA SC
MFS NON-US
MONDRIAN NON US
NEW STAR NON US
NWQ INVESTMENT MGT CP LLC LC
PANAGORA NON-US
PZENA INVESTMENT MGMT LC
RUSSELL 3000 TF INDEX FUND
SANDERSON NON US
TEMPLETON INSTL FDS EMERGING MRKT
THORNBURG MTG INC LC
UBS SC
VICTORY CAPITAL MGT INC LC
WELLINGTON MANAGEMENT CO LLP LC
WELLINGTON SC

Shares/Par Value

TOTAL EQUITY

Market Value
115,958,862.36
138,887,010.93
134,939,328.26
637,834,104.29
119,731,612.22
133,599,430.37
99,925,337.51
489,306,570.70
264,541,934.46
130,959,204.58
51,265,350.75
601,600,830.36
80,164,493.79
1,013,267,642.97
508,352,776.03
297,403,730.93
223,289,652.69
187,638,618.62
90,293,299.98
444,933,502.46
144,992,109.61
494,764,243.53
533,957,412.26
465,367,504.37
134,412,958.93
187,598,956.88
294,191,903.70
113,047,413.95
260,585,091.34
128,660,229.54
151,838,632.99
290,505,952.69
134,126,914.87
503,572,617.46
15,981,521,856.47
129,148,104.11
85,410,988.99
608,926,062.66
121,510,315.51
612,164,050.44
482,820,571.75
133,076,643.50

27,756,093,829.81

FIXED INCOME
FIXED INCOME - SECURITIES
ALCAN ALUM LTD
ALCAN INC
ALL STATE CORP
ALLSTATE CORP
AMEREN UN ELEC
AMEREN UN ELEC
AMERENENERGY GENERATING CO
AMERICA MOVIL S A DE C V

Source: State Street

5.75% 01 Jun 2035
5% 01 Jun 2015
7.2% 01 Dec 2009
5.55% 09 May 2035
5.1% 01 Oct 2019
5.3% 01 Aug 2037
7.95% 01 Jun 2032
5.5% 01 Mar 2014

13,000,000
6,250,000
8,500,000
23,600,000
17,000,000
19,000,000
7,000,000
37,350,000

12,688,535.34
6,071,895.63
9,159,906.26
23,120,905.84
16,445,237.98
18,044,406.02
8,916,512.78
36,819,257.25

Security Name
AMERICA MOVIL S A DE C V
AMERICAN ELEC PWR INC
AMERICAN ELEC PWR INC
AMERICAN GEN CORP
AMERICAN GEN FIN CORP MTN
AMERICAN GEN FIN CORP MTN
AMERICAN INTL GROUP INC
AMERICAN INTL GROUP INC
ANADARKO FIN CO
ARCEL FINANCE
AT+T WIRELESS
AT+T WIRELESS SVCS INC
ATHABASCA OIL SANDS INVTS INC
BAE SYS HLDGS INC
BANC AMER ALT LN TR
BANC AMER ALTERNATIVE LN TR
BANC AMER ALTERNATIVE LN TR
BANC AMER ALTERNATIVE LN TR
BANC AMER ALTERNATIVE LN TR
BANC AMER FDG CORP
BANC AMER FDG CORP
BANC AMER MTG SECS INC
BANC AMER MTG SECS INC
BANC AMER MTG SECS INC
BANK AMER CORP
BECTON DICKINSON + CO
BECTON DICKINSON + CO
BELLSOUTH CORP
BELLSOUTH CORP
BELLSOUTH CORP
BELLSOUTH TELECOMM INC
BHP BILLITON FIN USA LTD
BHP FINANCE USA
BP CAP MKTS AMER INC
BRAZIL FEDERATIVE REP
BRAZIL FEDERATIVE REP
BRAZIL FEDERATIVE REP
BRAZIL FEDERATIVE REP
BRITISH SKY BROADCASTING GROUP
BRITISH SKY BROADCASTING GROUP
BURLINGTON RES FIN CO
BURLINGTON RES INC
CANADIAN NATL RY CO
CANADIAN NATL RY CO
CARNIVAL CORP
CELULOSA ARAUCO Y CONSTITUCION
CELULOSA ARAUCO Y CONSTITUCION
CENTEX CORP
CHASE MORTGAGE FINANCE CORP
CHRYSLER CORP
CINCINNATI GAS + ELEC CO
CINCINNATI GAS + ELEC CO
CITICORP MTG SECS INC
CITIGROUP INC
CITIGROUP INC
CITIGROUP INC
COMCAST CABLE COMMUNICATIONS
COMCAST CORP NEW
COMCAST CORP NEW
COMCAST CORP NEW
COMCAST CORP NEW
CONSOLIDATED NAT GAS CO
CORPORACION NACIONAL COBRE CL
CORPORACION NACIONAL DEL COBRE
CORPORACION NACIONAL DEL COBRE
CORPORACION NACIONAL DEL COBRE
COX COMMUNICATIONS INC
COX COMMUNICATIONS INC NEW
COX COMMUNICATIONS INC NEW

Source: State Street

Security Description
5.75% 15 Jan 2015
5.375% 15 Mar 2010
5.25% 01 Jun 2015
8.5% 01 Jul 2030
4% 15 Mar 2011
4.875% 15 Jul 2012
4.25% 15 May 2013
5.05% 01 Oct 2015
7.5% 01 May 2031
7.048% 01 Sep 2011
8.125% 01 May 2012
8.75% 01 Mar 2031
8.2% 01 Apr 2027
4.75% 15 Aug 2010
6% 25 Mar 2034
6% 25 Feb 2034
5.5% 25 Dec 2019
6% 25 Aug 2035
5.5% 25 Sep 2033
6% 25 Feb 2034
6% 25 Feb 2034
5% 25 Aug 2019
5.75% 25 Jan 2035
5.18587% 25 Sep 2035
4.75% 01 Aug 2015
7% 01 Aug 2027
4.55% 15 Apr 2013
6% 15 Nov 2034
4.75% 15 Nov 2012
5.2% 15 Dec 2016
6.375% 01 Jun 2028
5.25% 15 Dec 2015
6.42% 01 Mar 2026
4.2% 15 Jun 2018
10% 07 Aug 2011
8.25% 20 Jan 2034
8.75% 04 Feb 2025
7.875% 07 Mar 2015
8.2% 15 Jul 2009
6.875% 23 Feb 2009
7.2% 15 Aug 2031
9.875% 15 Jun 2010
6.9% 15 Jul 2028
6.8% 15 Jul 2018
3.75% 15 Nov 2007
7.75% 13 Sep 2011
5.625% 20 Apr 2015
5.8% 15 Sep 2009
1% 25 Dec 2035
7.45% 01 Mar 2027
5.375% 15 Jun 2033
5.4% 15 Jun 2033
4.5% 25 Aug 2034
6% 31 Oct 2033
5.85% 11 Dec 2034
5% 15 Sep 2014
8.875% 01 May 2017
5.5% 15 Mar 2011
5.65% 15 Jun 2035
4.95% 15 Jun 2016
5.45% 15 Nov 2010
5% 01 Mar 2014
5.625% 21 Sep 2035
7.375% 01 May 2009
6.375% 30 Nov 2012
4.75% 15 Oct 2014
7.125% 01 Oct 2012
6.8% 01 Aug 2028
4.625% 15 Jan 2010

Shares/Par Value
11,053,000
4,500,000
10,000,000
5,700,000
13,500,000
13,000,000
9,600,000
12,000,000
23,500,000
8,507,700
15,000,000
24,150,000
27,000,000
19,500,000
13,081,177
9,627,578
6,441,897
23,846,033
15,736,689
29,734,380
4,664,342
10,769,510
26,948,748
19,582,422
23,500,000
21,500,000
4,000,000
19,400,000
13,000,000
10,000,000
19,350,000
9,500,000
11,500,000
20,000,000
5,300,000
12,500,000
1,500,000
4,500,000
9,845,000
2,475,000
11,000,000
20,500,000
17,775,000
24,210,000
13,400,000
5,322,000
15,300,000
2,500,000
20,943,319
8,365,000
16,000,000
17,465,000
17,227,139
40,200,000
27,350,000
35,000,000
20,000,000
6,750,000
14,000,000
23,400,000
6,000,000
8,600,000
14,500,000
6,000,000
10,800,000
17,050,000
17,750,000
7,200,000
7,640,000

Market Value
11,061,069.35
4,537,235.43
9,970,729.80
7,614,302.76
12,779,289.00
12,720,213.22
9,081,121.54
11,782,492.68
28,830,016.91
8,540,029.26
17,332,136.55
32,008,846.87
34,228,059.30
19,150,813.50
13,169,517.25
9,675,861.62
6,453,188.21
23,994,109.49
15,476,057.83
29,948,143.14
4,657,691.62
10,570,490.52
26,674,911.30
19,342,996.04
22,796,274.64
25,522,529.60
3,908,016.00
19,338,831.80
12,657,452.73
9,796,143.30
20,012,156.42
9,566,140.90
12,789,636.80
18,195,588.00
6,174,500.00
13,250,000.00
1,657,500.00
4,781,250.00
10,754,498.23
2,593,511.74
13,583,000.09
24,473,781.50
20,883,666.73
27,694,964.13
13,100,826.91
5,903,447.77
15,141,395.76
2,532,242.50
20,787,626.53
9,075,590.35
14,776,177.60
16,226,242.48
16,647,742.21
41,969,806.61
28,554,339.47
34,441,917.65
24,696,702.60
6,791,272.88
12,800,422.18
22,050,151.11
6,037,413.00
8,445,680.74
14,463,750.00
6,431,196.00
11,614,244.40
16,518,142.30
18,975,394.86
7,436,052.00
7,386,853.87

Security Name
CRH AMER INC
CRH AMER INC
CWMBS INC
D R HORTON INC
D R HORTON INC
DAIMLER CHRYSLER HLDGS
DAIMLERCHRYSLER NORTH AMER
DAIMLERCHRYSLER NORTH AMER HLD
DBS BK LTD SINGAPORE
DELHAIZE AMER INC
DELHAIZE AMER INC
DEVELOPERS DIVERSIFIED RLTY
DEVELOPERS DIVERSIFIED RLTY CO
DIAGEO CAP PLC
DIAGEO FIN BV
DIAGEO FIN BV
DIAMOND OFFSHORE DRILLING INC
EATON CORP
EMPRESA NACIONAL DE
EMPRESA NACIONAL DE ELECTRIC
ENBRIDGE ENERGY PARTNERS L P
ENCANA CORP
ENCANA CORP
ENERSIS S A
ENERSIS SA
ENTERPRISE PRODS OPER L P
ENTERPRISE PRODS OPER L P
ENTERPRISE PRODUCTS OPER
EQUITY RESIDENTIAL
ERAC USA FIN CO
FED HM LN PC POOL 1B3816
FED HM LN PC POOL A14282
FED HM LN PC POOL A33799
FED HM LN PC POOL B10827
FED HM LN PC POOL B11064
FED HM LN PC POOL B11815
FED HM LN PC POOL B13457
FED HM LN PC POOL B14157
FED HM LN PC POOL C01676
FED HM LN PC POOL C76289
FED HM LN PC POOL C78907
FED HM LN PC POOL C90847
FED HM LN PC POOL C90852
FED HM LN PC POOL C90865
FED HM LN PC POOL C90932
FED HM LN PC POOL C90939
FED HM LN PC POOL E01084
FED HM LN PC POOL E01098
FED HM LN PC POOL E01251
FED HM LN PC POOL E01311
FED HM LN PC POOL E01537
FED HM LN PC POOL G01674
FEDERAL HOME LN BKS
FEDERAL HOME LN BKS
FEDERAL HOME LN MTG CORP
FEDERAL HOME LN MTG CORP
FEDERAL HOME LN MTG CORP
FEDERAL HOME LN MTG CORP
FEDERAL HOME LN MTG CORP
FEDERAL HOME LN MTG CORP
FEDERAL HOME LN MTG CORP
FEDERAL HOME LN MTG CORP
FEDERAL HOME LN MTG CORP
FEDERAL HOME LOAN MTG CORP
FEDERAL HOME LOAN MTG CORP
FEDERAL NATL MTG ASSN
FEDERAL NATL MTG ASSN
FEDERAL NATL MTG ASSN
FEDERAL NATL MTG ASSN

Source: State Street

Security Description
5.3% 15 Oct 2013
6.4% 15 Oct 2033
5% 25 Nov 2018
6.875% 01 May 2013
5.625% 15 Sep 2014
8.5% 18 Jan 2031
4.875% 15 Jun 2010
6.5% 15 Nov 2013
1% 15 Nov 2019
9% 15 Apr 2031
8.125% 15 Apr 2011
5.25% 15 Apr 2011
5.5% 01 May 2015
4.375% 03 May 2010
3.875% 01 Apr 2011
5.3% 28 Oct 2015
4.875% 01 Jul 2015
8.1% 15 Aug 2022
8.5% 01 Apr 2009
8.35% 01 Aug 2013
4.75% 01 Jun 2013
4.75% 15 Oct 2013
6.5% 15 Aug 2034
7.4% 01 Dec 2016
7.375% 15 Jan 2014
6.875% 01 Mar 2033
5% 01 Mar 2015
4.95% 01 Jun 2010
5.125% 15 Mar 2016
6.7% 01 Jun 2034
4.918% 01 May 2035
5% 01 Oct 2033
6.5% 01 Mar 2035
4.5% 01 Nov 2018
5.5% 01 Nov 2018
4.5% 01 Jan 2019
4.5% 01 Apr 2019
4% 01 May 2019
6% 01 Nov 2033
6% 01 Jan 2033
5% 01 May 2033
6% 01 Aug 2024
6% 01 Jul 2024
6% 01 Nov 2024
5.5% 01 Nov 2025
5.5% 01 Dec 2025
5.5% 01 Jan 2017
6% 01 Feb 2017
5.5% 01 Nov 2017
5.5% 01 Feb 2018
4.5% 01 Dec 2018
5.5% 01 Apr 2034
5.375% 15 Feb 2007
3.25% 21 Jul 2006
4% 15 Oct 2022
4.875% 15 Nov 2013
4% 15 Dec 2032
4.125% 24 Feb 2011
3% 29 Sep 2006
3.75% 15 Apr 2007
6.5% 15 Jul 2031
3.75% 15 Nov 2006
4.5% 15 Aug 2022
5.875% 21 Mar 2011
3.625% 15 Feb 2007
6.25% 01 Feb 2011
6.5% 25 Jul 2042
4% 25 May 2033
4% 25 Jul 2032

Shares/Par Value
9,005,000
27,000,000
21,300,026
4,000,000
26,100,000
16,850,000
13,000,000
5,480,000
22,500,000
8,000,000
3,000,000
12,550,000
8,000,000
5,400,000
32,000,000
5,400,000
16,750,000
8,750,000
11,330,000
6,492,000
4,700,000
10,500,000
21,750,000
9,000,000
20,500,000
21,000,000
19,350,000
7,431,000
19,900,000
30,000,000
3,787,097
9,865,103
2,128,100
36,232,427
2,466,922
19,376,084
18,024,723
10,392,740
40,925,628
6,581,897
6,101,066
15,948,310
3,630,323
17,149,229
57,994,204
5,000,000
6,657,084
10,247,883
9,894,946
9,129,873
5,909,196
14,438,993
55,500,000
100,000,000
11,211,508
120,000,000
4,789,680
185,000,000
100,000,000
102,000,000
10,745,946
160,000,000
2,702,067
200,000,000
125,000,000
200,000,000
33,056,724
1,988,586
5,108,589

Market Value
9,038,886.27
29,447,223.03
20,954,177.78
4,174,188.00
25,140,981.60
20,406,686.71
12,681,697.73
5,730,056.35
21,892,860.00
9,404,960.00
3,270,201.00
12,445,212.39
7,962,648.80
5,279,476.81
30,379,421.44
5,436,909.11
16,285,791.67
11,294,031.00
12,356,928.54
7,393,849.16
4,475,062.70
10,298,972.15
24,414,680.37
9,782,073.00
22,050,333.00
22,482,356.40
18,445,908.02
7,286,132.58
19,337,649.48
32,170,431.00
3,730,046.51
9,587,785.99
2,179,032.25
35,348,463.03
2,481,366.99
18,903,364.42
17,567,864.58
9,896,855.58
41,319,279.16
6,645,206.09
5,929,559.43
16,179,676.44
3,682,989.18
17,398,016.82
57,798,829.26
4,983,155.70
6,702,059.58
10,450,363.43
9,958,873.32
9,183,330.96
5,765,028.91
14,321,684.38
55,875,818.25
99,235,590.00
10,759,615.14
120,681,444.00
4,456,165.74
179,324,866.00
98,741,410.00
100,838,362.80
11,246,569.27
158,651,984.00
2,642,195.97
208,173,560.00
123,496,587.50
211,134,980.00
33,961,938.92
1,843,105.15
4,894,637.78

Security Name
FEDERAL NATL MTG ASSN
FEDERAL NATL MTG ASSN
FEDERAL NATL MTG ASSN
FEDERAL NATL MTG ASSN
FEDERAL NATL MTG ASSN
FEDERAL NATL MTG ASSN GTD
FEDERAL NATL MTG ASSN GTD REMI
FHLMC TBA JAN 30 GOLD SINGLE
FHLMC TBA JAN 30 GOLD SINGLE
FIRST ENERGY CORP
FIRSTENERGY CORP
FLORIDA PWR CORP
FNMA TBA JAN 30 SINGLE FAM
FNMA GRANTOR TRUST
FNMA POOL 254147
FNMA POOL 254308
FNMA POOL 254342
FNMA POOL 254373
FNMA POOL 254443
FNMA POOL 254719
FNMA POOL 254804
FNMA POOL 255282
FNMA POOL 255342
FNMA POOL 255362
FNMA POOL 255417
FNMA POOL 255466
FNMA POOL 255511
FNMA POOL 255561
FNMA POOL 357970
FNMA POOL 412286
FNMA POOL 545125
FNMA POOL 545296
FNMA POOL 545506
FNMA POOL 555273
FNMA POOL 555329
FNMA POOL 555813
FNMA POOL 555967
FNMA POOL 555969
FNMA POOL 572805
FNMA POOL 580052
FNMA POOL 580848
FNMA POOL 581706
FNMA POOL 597545
FNMA POOL 598919
FNMA POOL 627118
FNMA POOL 633857
FNMA POOL 633865
FNMA POOL 635030
FNMA POOL 639018
FNMA POOL 640008
FNMA POOL 645562
FNMA POOL 651388
FNMA POOL 652610
FNMA POOL 662707
FNMA POOL 669991
FNMA POOL 671580
FNMA POOL 672415
FNMA POOL 676868
FNMA POOL 676919
FNMA POOL 676956
FNMA POOL 681357
FNMA POOL 681405
FNMA POOL 687517
FNMA POOL 687579
FNMA POOL 689076
FNMA POOL 689080
FNMA POOL 689108
FNMA POOL 689584
FNMA POOL 689613

Source: State Street

Security Description
4% 25 Mar 2031
5.125% 02 Jan 2014
3.125% 15 Jul 2006
6.5% 25 Jul 2044
3.875% 15 May 2007
3% 25 Aug 2032
3.75% 25 Jul 2033
5.5% 01 Dec 2099
6% 01 Dec 2099
7.375% 15 Nov 2031
6.45% 15 Nov 2011
5.1% 01 Dec 2015
5.5% 01 Dec 2099
6.5% 25 Jan 2044
6.5% 01 Jan 2032
6.5% 01 May 2017
6% 01 Jun 2017
6.5% 01 Jul 2017
6% 01 Sep 2017
4.5% 01 Apr 2018
5.5% 01 Jul 2018
6% 01 Jun 2024
6% 01 Jul 2024
6% 01 Aug 2024
6% 01 Sep 2024
6% 01 Oct 2024
6% 01 Nov 2024
6% 01 Dec 2024
5% 01 Aug 2035
6% 01 Jan 2013
6% 01 Aug 2016
6% 01 Nov 2016
7% 01 Feb 2032
6.5% 01 Dec 2032
5% 01 Mar 2033
4% 01 Oct 2018
5.5% 01 Nov 2033
4% 01 Dec 2018
6% 01 Mar 2016
6% 01 Jul 2016
6% 01 May 2016
6.5% 01 Jul 2031
6.5% 01 Sep 2031
6% 01 Nov 2016
7% 01 Mar 2032
7% 01 Mar 2032
7% 01 Mar 2032
6.5% 01 May 2032
6.5% 01 Apr 2017
7% 01 Apr 2032
6.5% 01 Jun 2032
6.5% 01 Aug 2017
5% 01 Apr 2018
6.5% 01 Oct 2032
5.5% 01 Feb 2033
6.5% 01 Nov 2032
6.5% 01 Sep 2032
6% 01 Jan 2033
6% 01 Jan 2033
5% 01 Jan 2033
5% 01 Mar 2018
5% 01 Mar 2018
6% 01 Sep 2018
6.5% 01 Apr 2033
5% 01 Jun 2018
5% 01 Jun 2018
5.5% 01 Feb 2033
5.5% 01 Feb 2018
4.5% 01 May 2018

Shares/Par Value
3,192,442
185,300,000
190,000,000
31,452,758
65,000,000
34,676,506
5,336,238
70,000,000
20,000,000
41,500,000
15,690,000
10,000,000
463,000,000
12,875,909
909,645
1,162,928
221,103
843,260
1,496,594
24,474,406
7,483,135
6,226,775
12,447,915
30,781,320
18,371,207
14,876,046
10,906,029
2,337,602
49,684,263
318,097
2,891,666
5,916,091
2,903,495
820,552
26,850,944
19,371,173
222,173,366
19,813,372
181,404
204,564
29,122
2,680,733
1,874,163
320,390
6,504,615
3,206,601
874,399
5,646,745
2,158,688
2,458,288
2,970,508
1,648,377
15,653,707
2,152,170
885,492
523,462
3,754,869
5,736,224
1,419,112
12,106,996
15,788,272
15,548,446
344,750
1,123,783
2,662,394
15,946,325
25,407,000
4,356,547
4,194,277

Market Value
2,959,239.80
186,094,066.09
188,470,291.00
31,925,200.80
64,316,148.00
31,668,274.15
4,955,838.43
69,343,750.00
20,192,188.00
48,685,444.05
16,583,512.55
9,870,132.40
458,442,320.60
13,208,369.04
935,134.63
1,194,718.01
225,798.26
866,311.66
1,528,372.35
23,871,083.50
7,528,397.33
6,316,587.36
12,627,458.54
31,225,296.06
18,636,184.82
15,090,611.48
11,063,332.48
2,371,318.19
48,128,419.69
325,216.93
2,953,000.17
6,041,575.13
3,024,665.49
843,544.46
26,114,697.29
18,494,351.63
220,433,650.44
18,916,534.60
185,251.28
208,902.90
29,739.52
2,755,850.56
1,926,678.93
327,185.22
6,776,069.98
3,340,421.38
910,890.09
5,801,619.35
2,217,698.43
2,560,878.64
3,051,980.98
1,693,437.55
15,513,616.23
2,211,197.50
878,558.19
537,818.95
3,857,853.83
5,794,357.03
1,433,494.28
11,782,719.82
15,646,977.07
15,409,296.59
352,051.69
1,151,576.59
2,638,566.87
15,803,615.56
25,208,051.63
4,382,897.60
4,090,883.05

Security Name
FNMA POOL 689619
FNMA POOL 689620
FNMA POOL 689621
FNMA POOL 694431
FNMA POOL 695916
FNMA POOL 702449
FNMA POOL 702895
FNMA POOL 704939
FNMA POOL 709844
FNMA POOL 721211
FNMA POOL 725162
FNMA POOL 725773
FNMA POOL 725801
FNMA POOL 726054
FNMA POOL 726233
FNMA POOL 729777
FNMA POOL 730016
FNMA POOL 733484
FNMA POOL 737040
FNMA POOL 737043
FNMA POOL 743272
FNMA POOL 747580
FNMA POOL 747799
FNMA POOL 747817
FNMA POOL 748088
FNMA POOL 748727
FNMA POOL 748767
FNMA POOL 748768
FNMA POOL 748794
FNMA POOL 748795
FNMA POOL 751221
FNMA POOL 753035
FNMA POOL 753077
FNMA POOL 753093
FNMA POOL 753412
FNMA POOL 753466
FNMA POOL 755497
FNMA POOL 759753
FNMA POOL 761499
FNMA POOL 763681
FNMA POOL 764105
FNMA POOL 766244
FNMA POOL 767500
FNMA POOL 786427
FNMA POOL 790927
FNMA POOL 791868
FNMA POOL 793349
FNMA POOL 804082
FNMA POOL 808156
FNMA POOL 808168
FNMA POOL 813103
FNMA POOL 822814
FNMA POOL 826743
FNMA POOL 826797
FNMA POOL 829196
FNMA POOL 829270
FNMA POOL 832443
FNMA POOL 836183
FNMA POOL 841471
FNMA POOL 842232
FNMA POOL 848358
FORD MTR CR CO
FREDDIE MAC
GENERAL ELEC CAP CORP MTN
GENERAL ELEC CAP CORP MTN
GENERAL ELEC CO
GENETECH INC
GEORGIA PWR CO
GEORGIA PWR CO

Source: State Street

Security Description
4.5% 01 Jun 2018
5% 01 Jun 2018
4.5% 01 Jun 2018
5% 01 Mar 2018
5% 01 May 2018
6% 01 Jun 2033
5% 01 Apr 2018
5.5% 01 Apr 2018
5% 01 May 2018
5% 01 Jun 2033
6% 01 Feb 2034
5.5% 01 Sep 2034
4.677% 01 Aug 2034
5.5% 01 Jun 2033
1% 01 Jul 2033
5% 01 Jul 2018
4% 01 Jul 2018
5% 01 Aug 2018
4.5% 01 Oct 2018
4.5% 01 Oct 2018
6% 01 Oct 2033
6% 01 Nov 2023
5.5% 01 Dec 2018
4.5% 01 Nov 2018
4.095% 01 Sep 2033
5.5% 01 Oct 2018
6.5% 01 Nov 2033
7% 01 Nov 2033
6.5% 01 Nov 2033
7% 01 Nov 2033
5.5% 01 Dec 2018
6.5% 01 Dec 2033
6.5% 01 Dec 2033
6.5% 01 Dec 2033
5.5% 01 Nov 2033
5.5% 01 Nov 2033
5.5% 01 Nov 2018
5.036% 01 Jan 2034
6% 01 Jan 2019
5.5% 01 Jan 2034
1% 01 Mar 2034
4.85% 01 Feb 2034
4.485% 01 Mar 2034
5.084% 01 Jul 2034
6% 01 Sep 2034
5.055% 01 Aug 2034
6% 01 Aug 2034
5.384% 01 Aug 2034
4.5% 01 Feb 2035
4.5% 01 Mar 2035
4.5% 01 Apr 2035
5.5% 01 Apr 2035
4.59% 01 Aug 2035
4.21% 01 Jul 2035
5% 01 Jul 2035
5% 01 Sep 2035
5% 01 Sep 2035
5% 01 Oct 2035
5% 01 Oct 2035
6.5% 01 Sep 2035
5.5% 01 Dec 2035
5.7% 15 Jan 2010
4.5% 15 Jan 2014
6.75% 15 Mar 2032
3.75% 15 Dec 2009
1200% 01 Feb 2013
4.75% 15 Jul 2015
5.125% 15 Nov 2012
5.75% 15 Apr 2023

Shares/Par Value
2,065,669
5,284,134
7,145,160
22,549,254
20,640,457
10,874,390
43,338,002
3,861,603
9,616,258
15,812,655
76,381,550
44,945,263
15,435,917
13,243,932
1,450,884
6,221,145
14,369,296
3,392,599
2,953,407
3,207,836
8,008,222
5,622,337
23,788,058
30,763,042
6,530,429
3,689,042
7,559,421
3,585,034
3,733,998
2,502,407
1,943,741
146,377
3,280,137
9,585,130
10,912,750
7,000,499
6,816,733
5,431,537
324,662
7,457,162
4,023,151
4,764,638
3,625,943
8,677,776
10,468,165
7,976,343
44,242,544
1,397,650
16,453,747
14,985,769
7,524,074
5,399,262
18,885,897
35,377,128
120,512,598
64,653,058
44,508,276
39,679,528
29,668,756
9,541,979
25,000,001
7,400,000
300,000,000
93,000,000
2,000,000
81,750,000
21,000,000
12,500,000
5,000,000

Market Value
2,014,748.11
5,236,844.11
6,969,023.36
22,347,452.16
20,455,737.89
10,970,912.42
42,950,153.63
3,884,959.74
9,530,198.45
15,379,075.44
77,059,518.80
44,551,656.86
15,165,379.06
13,140,226.51
1,433,977.45
6,165,469.46
13,718,881.12
3,362,237.45
2,880,602.18
3,128,758.76
8,079,304.02
5,703,587.01
23,931,942.44
30,004,697.72
6,357,252.21
3,711,355.30
7,746,385.15
3,733,087.99
3,826,349.94
2,605,751.25
1,955,497.72
149,996.82
3,361,263.30
9,822,195.03
10,827,298.01
6,945,682.32
6,857,964.15
5,416,538.21
331,538.57
7,398,768.74
3,877,452.40
4,723,364.21
3,558,817.27
8,630,477.93
10,561,155.56
7,924,548.83
44,635,556.00
1,401,449.27
15,495,715.48
14,113,212.06
7,085,978.95
5,347,519.32
18,451,473.80
34,155,467.33
116,738,794.26
62,628,473.22
43,114,517.12
38,441,094.22
28,739,690.68
9,779,405.32
24,756,810.18
6,290,000.00
294,511,350.00
108,989,739.24
1,920,147.40
81,605,594.35
20,373,902.85
12,591,912.50
5,152,985.50

Security Name
GNMA II POOL 002999
GNMA II POOL 003011
GNMA POOL 598267
GNMA POOL 603419
GNMA POOL 612376
GNMA POOL 781130
GNMA POOL 781324
GOLDMAN SACHS CAP I
GOLDMAN SACHS GROUP INC
GOLDMAN SACHS GROUP INC
GOLDMAN SACHS GROUP INC
GRUPO TELEVISA SA
GRUPO TELEVISA SA DE CV
GS MTG SECS CORP
GSR MTG LN TR
HARRAHS OPER INC
HARRAHS OPER INC
HSBC BK USA
HSBC FIN CAP TR IX
HSBC FIN CORP
HUTCHISON WHAMPOA INTL
HUTCHISON WHAMPOA INTL LTD
ILLINOIS ST
INGERSOLL RAND CO
INTERNATIONAL BUSINESS MACHS
JPMORGAN CHASE + CO
JPMORGAN CHASE CAP XV
KIMBERLY CLARK DE MEXICO SA
L 3 COMMUNICATIONS CORP
L 3 COMMUNICATIONS CORP
LEHMAN BROTHERS HLDGS INC
LEHMAN BROTHERS HLDGS INC
LOBLAW COMPANIES LTD
LOBLAW COS LIMITED
LOBLAWS COS LTD CPN RCPTS CDS
LORAL CORP
LOWES COMPANIES INC
LUBRIZOL CORP
LUBRIZOL CORP
M + I CAPITAL TR A
M + I MARSHALL + ILSLEY BK
MARRIOTT INTL INC NEW
MARSH + MCLENNAN COS INC
MASCO CORP
MASTR ASSET SECURITIZATION TR
MASTR ASSET SECURITIZATION TR
MASTR SEASONED SECURITIZAT TR
MEDTRONIC INC
METLIFE INC
METLIFE INC
MEXICO UNITED MEXICAN STS
MGM MIRAGE
MGM MIRAGE
MORGAN STANLEY
MORGAN STANLEY
NATIONWIDE BLDG SOC
NEW YORK LIFE INS CO
NEWS AMER HLDGS INC
NEWS AMER HLDGS INC
NEWS AMER INC
NEXTEL COMMUNICATIONS INC
NISOURCE FIN CORP
NISOURCE FIN CORP
NISOURCE FIN CORP
NORFOLK SOUTHN CORP
NORFOLK SOUTHN CORP
NORFOLK SOUTHN CORP
OHIO PWR CO
PACIFIC GAS + ELEC CO

Source: State Street

Security Description
7.5% 20 Nov 2030
7.5% 20 Dec 2030
6% 15 Jun 2033
5.5% 15 Feb 2033
5.5% 15 Nov 2033
7% 15 Jan 2030
7% 15 Jul 2031
6.345% 15 Feb 2034
6.125% 15 Feb 2033
4.75% 15 Jul 2013
5.15% 15 Jan 2014
6.625% 18 Mar 2025
8.5% 11 Mar 2032
6.5% 25 Feb 2035
5.5% 25 Sep 2019
5.5% 01 Jul 2010
5.625% 01 Jun 2015
5.875% 01 Nov 2034
5.911% 30 Nov 2035
5% 30 Jun 2015
6.25% 24 Jan 2014
7.45% 24 Nov 2033
5.1% 01 Jun 2033
4.75% 15 May 2015
6.22% 01 Aug 2027
5.15% 01 Oct 2015
5.875% 15 Mar 2035
8.875% 01 Aug 2009
6.125% 15 Jan 2014
5.875% 15 Jan 2015
4.25% 27 Jan 2010
5% 14 Jan 2011
6.5% 22 Jan 2029
6.65% 08 Nov 2027
0% 23 May 2031
7% 15 Sep 2023
5.5% 15 Oct 2035
4.625% 01 Oct 2009
5.5% 01 Oct 2014
7.65% 01 Dec 2026
4.4% 15 Mar 2010
4.625% 15 Jun 2012
5.75% 15 Sep 2015
4.8% 15 Jun 2015
5.5% 25 Nov 2033
5.5% 25 Oct 2019
6.5% 25 Aug 2032
4.75% 15 Sep 2015
6.375% 15 Jun 2034
5.7% 15 Jun 2035
8.125% 30 Dec 2019
6% 01 Oct 2009
6.75% 01 Sep 2012
4.75% 01 Apr 2014
5.375% 15 Oct 2015
4.25% 01 Feb 2010
5.875% 15 May 2033
7.7% 30 Oct 2025
7.75% 01 Dec 2045
6.4% 15 Dec 2035
5.9% 15 Mar 2014
7.875% 15 Nov 2010
5.4% 15 Jul 2014
5.45% 15 Sep 2020
7.05% 01 May 2037
6.75% 15 Feb 2011
5.59% 17 May 2025
6.6% 15 Feb 2033
4.2% 01 Mar 2011

Shares/Par Value
2,124,960
1,226,658
2,173,991
10,431,629
28,112,296
4,667,508
3,593,567
24,750,000
7,000,000
30,500,000
25,000,000
30,250,000
14,858,000
14,528,055
8,627,014
19,750,000
8,900,000
24,885,000
9,000,000
21,500,000
10,420,000
29,300,000
6,635,000
9,000,000
31,700,000
42,550,000
20,000,000
3,000,000
3,940,000
18,450,000
5,465,000
9,000,000
14,000,000
25,000,000
40,000,000
26,300,000
18,000,000
13,250,000
10,500,000
12,200,000
10,300,000
14,000,000
34,000,000
8,200,000
48,712,568
42,359,219
62,565,815
20,000,000
4,500,000
36,425,000
7,200,000
16,200,000
13,625,000
13,400,000
29,885,000
7,000,000
40,000,000
25,020,000
5,000,000
19,000,000
10,800,000
7,750,000
11,000,000
11,000,000
16,620,000
6,900,000
13,161,000
22,745,000
7,300,000

Market Value
2,227,808.67
1,286,028.38
2,224,459.01
10,501,979.07
28,301,884.32
4,903,954.03
3,775,049.70
26,066,127.78
7,325,658.20
29,579,794.57
24,806,116.00
30,782,705.22
17,898,988.35
14,661,890.57
8,595,336.77
19,733,331.79
8,731,368.41
25,168,641.47
9,101,526.03
20,899,798.69
10,904,623.78
33,842,613.40
6,553,522.20
8,735,001.57
34,635,241.85
41,940,814.20
19,894,084.20
3,356,250.00
3,900,600.00
17,896,500.00
5,315,202.44
8,983,052.91
13,635,696.21
24,676,872.94
8,292,293.84
30,122,491.97
18,149,636.52
12,999,715.45
10,542,999.92
12,837,837.96
10,086,056.85
13,508,813.36
34,224,847.44
7,615,441.60
47,933,800.56
42,448,762.07
63,522,821.54
19,424,353.00
4,923,348.53
36,410,668.58
8,895,599.64
16,098,750.00
13,812,343.75
12,843,097.21
29,895,834.81
6,821,052.00
41,750,680.00
28,359,066.37
5,771,772.40
19,120,125.60
10,862,029.58
8,595,859.96
10,970,556.30
10,632,904.26
19,843,121.25
7,422,646.37
13,156,132.14
25,073,313.53
7,003,838.49

Security Name
PACIFIC GAS + ELEC CO
PANAMERICAN BEVERAGES INC
PC FINL PARTNERSHIP
PEMEX PROJ FDG MASTER TR
PEMEX PROJ FDG MASTER TR
PEMEX PROJ FDG MASTER TR
PEMEX PROJECT FUNDING MASTER T
PENNEY J C INC
PENNEY J C INC
PETRO CDA
PETROBRAS INTL FIN CO
PFIZER INC
PRINCIPAL LIFE INCOME FUNDINGS
PROLOGIS
PSI ENERGY INC
PSI ENERGY INC
QUEST DIAGNOSTICS INC
QUEST DIAGNOSTICS INC
RBS CAP TR III
RESIDENTIAL ACCREDIT LNS INC
RESIDENTIAL ACCREDIT LNS INC
RESIDENTIAL ASSET MTG PRODS
RESIDENTIAL CAP CORP
RESIDENTIAL FDG MTG SECS I INC
RESIDENTIAL FDG MTG SECS I INC
ROYAL BK SCOTLAND GROUP PLC
ROYAL CARIBBEAN CRUISES LTD
ROYAL CARIBBEAN CRUISES LTD
SEARIVER MARITIME FINL HLDGS
SIMON PPTY GROUP L P
SIMON PPTY GROUP L P
SOUTHERN PWR CO
SPRINT CAP CORP
SPRINT CAP CORP
STATE STR INSTL CAP B
STRUCTURED ASSET SECS CORP
STRUCTURED ASSET SECS CORP
STRUCTURED ASSET SECS CORP
SUNCOR ENERGY INC
SYSCO CORP 4 2
TELECOM ITALIA CAP
TELEFONOS DE MEXICO S A
TELOFONOS DE MEXICO SA
TEMASEK FINL LTD
TENGIZCHEVROIL FIN CO S AR L
THOMSON CORP
TIME WARNER ENTMT CO L P
TIME WARNER ENTMT CO L P
TIME WARNER INC
TOYOTA MTR CR CORP
TRANSCANADA PIPELINES LTD
TRANSCANADA PIPELINES LTD
TRANSOCEAN SEDCO FOREX INC
UNITED MEXICAN STS
UNITED STATES TREAS BD STRIP
UNITED STATES TREAS BD STRPPED
UNITED STATES TREAS BDS
UNITED STATES TREAS BDS
UNITED STATES TREAS BDS
UNITED STATES TREAS BDS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS

Source: State Street

Security Description
6.05% 01 Mar 2034
7.25% 01 Jul 2009
5% 15 Nov 2014
8.625% 01 Feb 2022
5.75% 15 Dec 2015
6.625% 15 Jun 2035
9.375% 02 Dec 2008
7.125% 15 Nov 2023
7.4% 01 Apr 2037
5.95% 15 May 2035
7.75% 15 Sep 2014
4.65% 01 Mar 2018
5.1% 15 Apr 2014
5.25% 15 Nov 2010
5% 15 Sep 2013
6.12% 15 Oct 2035
5.45% 01 Nov 2015
5.125% 01 Nov 2010
5.512% 29 Sep 2049
5% 25 May 2019
6% 25 Aug 2035
6% 25 Jul 2032
1200.375% 30 Jun 2010
5% 25 May 2018
5.5% 25 Dec 2034
6.4% 01 Apr 2009
7.5% 15 Oct 2027
6.875% 01 Dec 2013
0.01% 01 Sep 2012
4.875% 15 Aug 2010
5.625% 15 Aug 2014
4.875% 15 Jul 2015
6.875% 15 Nov 2028
6.9% 01 May 2019
8.035% 15 Mar 2027
5.5% 25 Jul 2033
5.5% 25 Oct 2033
6% 25 Aug 2035
5.95% 01 Dec 2034
5.375% 21 Sep 2035
4.95% 30 Sep 2014
4.5% 19 Nov 2008
5.5% 27 Jan 2015
4.5% 21 Sep 2015
6.124% 15 Nov 2014
5.5% 15 Aug 2035
8.375% 15 Jul 2033
8.375% 15 Mar 2023
6.875% 15 Jun 2018
4.25% 15 Mar 2010
8.29% 05 Feb 2026
4.875% 15 Jan 2015
7.5% 15 Apr 2031
4.625% 08 Oct 2008
0% 15 Feb 2026
0.01% 15 Feb 2025
3.625% 15 Apr 2028
3.875% 15 Apr 2029
3.375% 15 Apr 2032
2.375% 15 Jan 2025
6.5% 15 Feb 2010
4.25% 15 Jan 2010
3.875% 15 Jan 2009
3.625% 15 Jan 2008
3.375% 15 Jan 2007
3.5% 15 Jan 2011
3.375% 15 Jan 2012
3% 15 Jul 2012
1.875% 15 Jul 2013

Shares/Par Value
38,950,000
3,000,000
11,500,000
16,100,000
29,550,000
25,975,000
5,495,000
12,350,000
2,750,000
25,300,000
19,050,000
6,250,000
9,400,000
14,850,000
14,000,000
5,000,000
7,000,000
9,500,000
31,900,000
30,954,684
23,379,365
5,029,368
14,900,000
8,038,201
13,721,768
6,250,000
15,881,000
11,025,000
43,815,000
21,240,000
16,500,000
26,260,000
41,000,000
21,650,000
9,000,000
29,062,794
31,526,509
37,679,093
20,000,000
14,000,000
20,000,000
12,173,000
36,000,000
16,000,000
14,575,000
13,500,000
25,950,000
15,475,000
8,500,000
4,000,000
21,320,000
7,000,000
11,550,000
9,000,000
380,000,000
250,000,000
134,947,363
156,861,421
41,188,495
200,867,890
100,000,000
91,768,416
128,171,302
141,793,032
135,874,228
93,446,303
51,117,937
176,655,680
164,464,204

Market Value
40,165,654.04
3,208,200.30
11,274,136.90
19,899,598.55
29,308,280.70
26,015,520.48
6,085,712.50
13,748,835.10
3,072,338.50
25,570,663.70
20,574,000.00
6,002,855.75
9,387,182.16
14,816,066.56
13,832,412.72
5,108,634.95
7,031,567.62
9,512,809.23
31,771,941.92
30,375,453.95
23,520,403.65
5,043,515.26
15,145,802.47
7,888,185.76
13,562,363.53
6,512,409.19
17,012,521.25
11,677,018.50
31,751,774.89
20,931,459.90
16,696,292.42
25,357,406.77
44,873,441.38
23,818,343.19
9,605,673.90
28,502,125.96
30,842,793.95
37,761,535.06
21,468,963.60
13,819,619.94
19,123,223.80
11,940,373.60
35,514,000.00
15,394,144.00
14,822,775.00
13,128,912.68
30,630,152.82
17,935,225.40
9,000,658.42
3,903,280.64
25,068,896.95
6,862,500.96
14,566,943.16
8,905,500.00
150,596,918.40
103,353,605.00
174,441,058.01
212,056,248.73
53,696,204.92
211,535,984.14
107,902,000.00
99,497,151.81
134,779,814.57
145,648,384.29
136,935,405.69
99,909,049.80
54,975,807.86
186,882,276.94
162,293,276.93

Security Name
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TRES BD STRP PRN
UNITED STATES TRES BD STRP PRN
UNITED STATES TRES BD STRP PRN
UNITED STATES TRES BD STRP PRN
UNITED STATES TRES SC STRP INT
UNITED STATES TRES SC STRP INT
UNITED STATES TRES SC STRP INT
UNITED STATES TRES SC STRP INT
UNITED STATES TRES SC STRP INT
UNITED STATES TRES SC STRP INT
UNITED STATES TRES SC STRP INT
UNITED TECHNOLOGIES CORP
UNITED TECHNOLOGIES CORP
US BK NATL ASSN MINNEAPOLIS MN
VALE OVERSEAS LTD
VALERO ENERGY CORP NEW
VESSEL MGMT SVCS INC
VIRGINIA ELEC + PWR CO
WACHOVIA CAP TR V
WACHOVIA CORP
WACHOVIA CORP NEW
WAL MART STORES INC
WAMU MTG PASS THROUGH CTFS
WAMU MTG PASS THROUGH CTFS
WELLS FARGO + CO NEW
WELLS FARGO + CO NEW
WELLS FARGO MTG BACKED SECS
WELLS FARGO MTG BACKED SECS
WELLS FARGO MTG BACKED SECS
WELLS FARGO MTG BACKED SECS
WELLS FARGO MTG BACKED SECS TR
WESTAR ENERGY INC
WESTAR ENERGY INC
WESTAR ENERGY INC
WORLD SVGS BK FSB OAKLAND CALI
WRIGLEY WM JR CO
WYETH
WYETH
XTO ENERGY INC
XTO ENERGY INC
TOTAL FIXED INCOME

Security Description
2% 15 Jan 2014
0% 15 Jul 2014
0.875% 15 Apr 2010
1.625% 15 Jan 2015
1.875% 15 Jul 2015
0% 15 Nov 2018
0% 15 May 2018
0% 15 Feb 2019
0% 15 Nov 2016
0% 15 Feb 2018
0% 15 Feb 2013
0% 15 Feb 2017
0% 15 May 2017
0% 15 May 2018
0% 15 Aug 2017
0% 15 Nov 2024
4.875% 01 May 2015
5.4% 01 May 2035
4.8% 15 Apr 2015
8.25% 17 Jan 2034
7.5% 15 Apr 2032
6.08% 20 May 2024
4.75% 01 Mar 2013
7.965% 01 Jun 2027
4.375% 01 Jun 2010
5.5% 01 Aug 2035
5.25% 01 Sep 2035
5% 25 Nov 2018
5.5% 25 Aug 2035
4.95% 16 Oct 2013
5.125% 15 Sep 2016
5% 25 Jun 2018
4.5% 25 Jul 2019
5% 25 Jan 2020
5.143476% 25 May 2035
5.395% 25 Aug 2035
5.15% 01 Jan 2017
5.95% 01 Jan 2035
5.1% 15 Jul 2020
4.125% 15 Dec 2009
4.65% 15 Jul 2015
5.5% 01 Feb 2014
6.45% 01 Feb 2024
5% 31 Jan 2015
5.3% 30 Jun 2015

Shares/Par Value
169,668,576
154,451,904
223,141,815
152,468,266
133,909,898
1,000,000,000
270,000,000
630,000,000
350,000,000
112,000,000
150,000,000
200,000,000
160,000,000
450,000,000
198,500,000
300,000,000
7,000,000
5,000,000
7,500,000
22,450,000
14,000,000
12,854,500
12,700,000
21,000,000
4,775,000
9,000,000
25,500,000
12,830,329
29,773,361
12,500,000
17,500,000
7,243,090
8,297,671
23,943,031
42,346,496
75,890,543
14,850,000
5,000,000
3,000,000
8,615,000
19,150,000
24,750,000
5,000,000
15,000,000
9,000,000

Market Value
168,833,806.62
153,727,524.30
212,192,246.31
147,000,753.59
131,775,374.47
556,996,570.00
154,033,423.20
346,463,472.60
215,560,313.50
64,465,060.80
109,773,856.50
121,139,824.00
95,515,929.60
256,102,258.50
117,151,664.94
125,107,497.00
6,914,771.85
4,983,138.30
7,307,985.30
25,845,562.50
16,966,024.60
13,882,602.91
12,368,817.66
22,487,721.90
4,668,669.97
8,752,950.45
24,706,323.47
12,590,607.39
29,502,426.78
12,412,043.63
17,350,519.90
7,114,075.98
8,005,391.02
23,492,190.46
41,647,613.30
75,192,410.49
14,442,159.60
4,968,928.50
2,855,138.85
8,361,885.10
18,746,565.99
25,072,075.46
5,394,385.90
14,668,557.30
9,007,154.19
14,290,668,251.09

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AIG INDIAN SECTORAL EQUITY
ALTA SUB DEB III
ARCH VENTURE FUND VI, LP
ARSENAL CAP PTNERS
BAIN CAPITAL FUND VIII
BAIN CAPITAL VIII COINVETMENT
BLACKSTONE CAP PARTN IV LP
BLUERUN VENTURES III
CANAAN EQUITY PARTNERS VII
CENTURY PARK CAPITAL PTNS II
CHARLESBANK EQUITY FUND VI
CHINAVEST IV LTD PTNRS

Source: State Street

6,280,121.59
15,874,473.07
1,973,361.71
38,003,290.20
3,010,713.44
1,092,684.00
2,448,712.00
9,758,721.26
7,231,434.02
2,257,926.50
36,820,439.43
2,535,757.20
1,123,500.56
686,569.33
1,168,694.10
976,594.00

Security Name
CLAREMONT CREEK VENTURES LP
CLEARSTONE VENTURE PARTNERS
DARWIN VENTURE CAPITAL FUNDS
DCM IV
DE NOVO VENTURES II LP
DOMAIN PARTNERS VI LP
EOS CAPITAL PARTNERS III
EQUITY DISTRIBUTION SECURITIES
FORTRESS INVESTMENT FUND III
FREMONT PARTNERS III
GENSTAR CAPITAL PARTNERS IV
GLENCOE CAP INSTL PARTNERS III
GLENCOE CAPITAL PARTNERS III
GLOBESPAN CAPITAL PARTNERS IV
GOLDER THOMA CRESSEY RAUNER
GOLDER THOMA CRESSEY RAUNER V
GRAHAM PARTNERS II
GRANITE GLOBAL VENTURES II LP
HUMMER WINVLAD VENTURE PTR III
INSIGHT VENTURE PARTNERS V
INSIGHT VENURE PARTNERS V
INSTITUTE VENTURES PTNS VI
INSTITUTIONAL VENTURE PARTNS
INSTITUTIONAL VENTURE PTR VIII
INTERSOUTH PARTNERS V LP
INTERSOUTH PARTNERS VI
INTERWEST PARTNERS IV
INTERWEST PARTNERS IX
INTERWEST PARTNERS V LP
INTERWEST PARTNERS VI LP
INTERWEST PARTNERS VII LP
INTERWEST PARTNERS VIII
INVERNESS PARTNERS II LP
IVP VII
JLL PARTNERS FUND V, LP
KELSO INVESTMENT ASSOC VII
KODIAK VENTURES III
KPCB AGG INVESTMENT UCRP
KRG CAPITAL III LP
LAKE CAPITAL PARTNERS LP
LATIN AMERICAN CAPITAL II LP
LIGHTHOUSE CAPITAL PARTNERS V
LINDSAY GOLDBERG + BESSEMER LP
MADISON DEARBORN CAP PART IV
MAYFIELD VIII
NOVAK BIDDLE VENTURE PARTNERS
OLYMPUS GROWTH FUND IV LP
OXFORD BIOSCIENCE IV
OXFORD BIOSCIENCE PARTNERS III
PALOMAR VENTURES III
PERSEUS 2000 EXPANSION
PERSEUS SOROS BIO PHARM LP
POLARIS VENTURE PARTNERS III
POLARIS VENTURE PARTNERS IV
REDPOINT VENTURE I LP
REDPOINT VENTURES II LP
RIPPLEWOOD PARTNERS II LP
SEQUOIA AGG INVESTMENT UCRP
SKM EQUITY FUND II
SPC PARTNERS III LP
SUN CAPITAL IV LP
TECHNOLOGY PARTNERS WEST FD IV
UPDATA PARTNERS III
VENTURE STRATEGY PARTN II L P
VENTURE STRATEGY PARTNERS III
VERSANT VENTURE CAPITAL II LP
VERSANT VENTURES I LP
WARBURG PINCUS
WARBURG PINCUS IX

Source: State Street

Security Description

Shares/Par Value

Market Value
136,000.00
2,488,298.40
355,169.18
1,799,262.03
5,544,243.49
4,246,467.12
4,795,422.30
3,203,203.78
2,534,413.94
4,307,394.47
4,000,752.70
1,329,112.03
5,094,207.16
5,221,018.31
131,289.04
9,054,135.43
3,450,113.97
8,225,102.40
708,846.12
2,471,017.27
378,344.90
811,259.40
1,880,156.16
4,679,144.78
9,938,291.40
3,174,967.69
4,964.80
2,800,000.00
926,372.40
1,117,282.16
5,463,782.28
23,646,600.00
4,591,062.25
5,267,204.67
2,169,447.97
10,166,570.95
2,609,088.21
25,294,740.90
1,629,960.58
7,533,971.24
16,378,119.69
9,908,070.16
10,080,874.09
34,527,910.96
1,339,039.00
886,349.94
10,635,258.92
14,171,404.00
8,215,590.00
2,749,887.00
8,448,664.33
5,871,076.26
9,014,598.67
8,241,794.40
3,979,017.00
13,550,158.14
3,624,064.30
32,325,480.58
14,603,266.86
8,357,575.69
1,662,570.00
904,523.04
4,006,871.80
5,780,268.00
17,115.00
15,194,250.00
11,214,028.00
38,384,439.90
13,875,000.00

Security Name
WARBURG PINCUS PRT EQT VIII
WCAS CAPITAL PARTNERS II
WCAS III
WCAS VI
WELSH CARSON ANDERSON + STOWE
WICKS COMM + MEDIA PRTNS III

Security Description

Shares/Par Value

Market Value
3,920,000.00
3,141,411.00
69,433,560.00
3,836,685.80
18,121,598.87
1,338,764.37

REAL ESTATE
AMB INSTITUTIONAL ALLIANCE
PRISA II PRUDENTIAL REAL EST.
REALTY ASSOCIATES FUND VII
TOTAL ALTERNATIVE ASSETS

TOTAL SECURITIES

29,998,868.55
76,882,910.22
10,000,000.00
839,042,738.83

42,885,804,819.73

CASH & CASH EQUIVALENTS

235,574,070.05

ACCOUNTS RECEIVABLE & ACCRUED INCOME

138,275,324.98

ACCOUNTS PAYABLE
TOTAL NET ASSETS

Source: State Street

(792,431.10)
43,258,861,783.66

UCRP
Holdings as of December 31, 2006
EQUITY INVESTMENTS
EXTERNALLY MANAGED FUNDS
(SC = Small Cap LC = Large Cap)

Security Name

Interest RateMaturity Date Shares/Par Value

ADAGE CAPITAL LC
ALLIANCE CAPITAL EMERGING MARKETS
AMERICAN CENTURY SC
AMEX/KENWOOD SC
AQR NON-US
ARK ASSET MANAGEMENT CO INC LC
AXA ROSENBERG SC
BRANDYWINE NON- US
BURGUNDY SC
CAPITAL GUARDIAN TRUST COMPANY LC
CAUSEWAY NON-US
CGI EMERGING MARKETS GF
CORTINA ASSET MGT SC
DELAWARE GROWTH LC
DELAWARE INV ADV SC
DFA INVT DIMENSIONS GRP EMERGING MRKT
EAFE + CANADA TF INTL INDEX FD
FRANKLIN PORTFOLIO ASSOCIATES LC
FREEMAN ASSOCIATES INVESTMENT LC
GENESIS EMERGING MKT FD
GMO NON US
GMO TR EMERGING MARKETS
GOLDMAN SACHS ASSET MGMT L P LC
HANSBERGER NON-US
HARRIS ASSOCIATES LP LC
HOTCHKIS + WILEY CAP MGMT LC
INTECH LC
IRONBRIDGE SC
JP MORGAN FLEMING NON-US
LAZARD EMERGING MKTS
LSV ASSET MANAGEMENT LC
MAZAMA SC
MFS NON-US
MONDRIAN NON US
NEW STAR NON US
NWQ INVESTMENT MGT CP LLC LC
PANAGORA NON-US
PZENA INVESTMENT MGMT LC
RUSSELL 3000 TF INDEX FUND
SANDERSON NON US
T ROWE PRICE EMERGING MKTS
TEMPLETON INSTL FDS EMERGING MRKT
THORNBURG MTG INC LC
UBS SC

Source: State Street

Base Market Value
291,423,317.24
175,994,281.05
123,289,540.88
166,637,951.33
404,865,254.42
645,402,583.03
136,153,002.81
405,436,376.59
123,328,016.92
540,727,529.20
335,001,320.23
207,471,354.40
106,653,528.25
619,182,910.11
88,252,772.51
226,014,914.58
5,746,415,322.04
841,018,277.71
587,302,760.52
346,311,510.20
589,844,266.81
114,332,712.56
489,997,668.96
180,597,468.47
580,427,213.10
617,277,613.84
499,074,178.00
105,731,173.69
230,970,000.22
114,615,102.00
355,129,681.19
95,749,600.51
335,704,269.09
168,563,803.01
184,778,976.49
343,872,638.18
177,123,472.67
591,981,193.65
12,610,202,905.43
166,369,728.24
208,469,914.12
107,686,236.76
746,407,992.89
98,573,671.36

1

Security Name
VICTORY CAPITAL MGT INC LC
WELLINGTON MANAGEMENT CO LLP LC
WELLINGTON SC

Interest RateMaturity Date Shares/Par Value

TOTAL EQUITY

Base Market Value
698,647,394.38
504,381,455.13
127,944,993.68

33,161,337,848.45

FIXED INCOME
FIXED INCOME - SECURITIES
ALBERTSONS INC
ALLSTATE CORP
AMEREN UN ELEC
AMEREN UN ELEC
AMEREN UN ELEC
AMERENENERGY GENERATING CO
AMERICA MOVIL S A DE C V
AMERICA MOVIL S A DE C V
AMERICA MOVIL S A DE C V
AMERICA MOVIL S A DE C V
AMERICA MOVIL S A DE C V
AMERICAN ELEC PWR INC
AMERICAN GEN CORP
AMERICAN GEN FIN CORP MTN
AMERICAN INTL GROUP INC
AMERICAN INTL GROUP INC
ANADARKO PETE CORP
ANADARKO PETE CORP
AT+T WIRELESS
AT+T WIRELESS SVCS INC
BAC CAP TR VI
BAC CAP TR XI
BAE SYS HLDGS INC
BAE SYS HLDGS INC
BANC AMER ALTERNATIVE LN TR
BANC AMER ALTERNATIVE LN TR
BANC AMER FDG CORP
BANC AMER MTG SECS INC
BANC AMER MTG SECS INC
BANK AMER CORP
BANK AMER CORP
BCP CRYSTAL U S HLDGS CORP
BEAR STEARNS ARM TR
BEAR STEARNS ARM TRUST
BECTON DICKINSON + CO
BHP BILLITON FIN USA LTD
BOYD GAMING CORP
BRAZIL FEDERATIVE REP
BRAZIL FEDERATIVE REP
BRAZIL FEDERATIVE REP
BRAZIL FEDERATIVE REP
BRAZIL FEDERATIVE REP
BRAZIL FEDERATIVE REP
BRAZIL FEDERATIVE REP
BRAZIL FEDERATIVE REP

Source: State Street

7.25
5.55
5.1
5.3
5.3
7.95
5.5
5.5
5.75
6.375
6.375
5.25
8.5
4
5.05
5.05
5.95
6.45
8.125
8.75
5.625
6.625
4.75
5.2
5.5
5.5
6
5.75
5.181129
5.625
5.42
9.625
4.625
4.756902
7
5.25
7.125
9.25
10
7.875
7.875
6
8
8.75
10.125

5/1/2013
5/9/2035
10/1/2019
8/1/2037
8/1/2037
6/1/2032
3/1/2014
3/1/2014
1/15/2015
3/1/2035
3/1/2035
6/1/2015
7/1/2030
3/15/2011
10/1/2015
10/1/2015
9/15/2016
9/15/2036
5/1/2012
3/1/2031
3/8/2035
5/23/2036
8/15/2010
8/15/2015
12/25/2019
9/25/2033
2/25/2034
1/25/2035
9/25/2035
10/14/2016
3/15/2017
6/15/2014
2/25/2036
12/25/2035
8/1/2027
12/15/2015
2/1/2016
10/22/2010
8/7/2011
3/7/2015
3/7/2015
1/17/2017
1/15/2018
2/4/2025
5/15/2027

2

4,700,000
9,000,000
8,931,000
9,000,000
10,000,000
7,000,000
10,000,000
8,000,000
8,053,000
8,000,000
19,500,000
14,000,000
5,700,000
13,500,000
17,500,000
5,500,000
9,000,000
11,000,000
10,000,000
8,000,000
1,600,000
14,500,000
10,000,000
12,000,000
5,113,223
15,358,990
6,023,369
26,662,031
4,601,814
10,000,000
9,900,000
13,000,000
63,997,207
52,629,198
9,000,000
8,500,000
13,800,000
25,500,000
17,000,000
28,000,000
5,000,000
8,500,000
37,000,000
42,300,000
15,000,000

4,780,558.00
8,676,484.20
8,255,274.91
8,018,958.69
8,909,954.10
8,293,604.48
9,775,220.00
7,820,176.00
7,959,102.02
7,805,144.00
19,025,038.50
13,578,875.24
7,431,182.80
12,829,688.42
17,070,831.23
5,365,118.39
9,016,061.31
11,130,888.56
11,245,018.00
10,367,495.12
1,516,761.60
15,659,961.29
9,731,140.00
11,430,480.00
5,097,946.72
15,080,608.60
6,007,700.16
26,353,319.73
4,527,393.62
10,173,065.90
9,823,324.50
14,365,000.00
62,878,394.94
52,063,886.90
10,209,674.70
8,378,051.18
13,731,000.00
28,815,000.00
20,060,000.00
31,192,000.00
5,570,000.00
8,372,500.00
41,144,000.00
52,240,500.00
21,075,000.00

Security Name
BRAZIL FEDERATIVE REP
BRAZIL FEDERATIVE REP
BRAZIL FERERATIVE REP
BURLINGTON RES INC
C10 CAP SPV LTD
CANADIAN NATL RY CO
CANADIAN NATL RY CO
CASE NEW HOLLAND INC
CCSA FIN LTD
CCSA FIN LTD
CELULOSA ARAUCO Y CONSTITUCION
CELULOSA ARAUCO Y CONSTITUCION
CENTEX CORP
CHESAPEAKE ENERGY CORP
CHESAPEAKE ENERGY CORP
CHRYSLER CORP
CISCO SYS INC
CITIGROUP INC
CITIGROUP INC
CITIGROUP INC
COLOMBIA REP
COLOMBIA REP
COLUMBIA REP
COLUMBIA REP
COMCAST CABLE COMMUNICATIONS
COMCAST CORP NEW
COMCAST CORP NEW
COMCAST CORP NEW
COMCAST CORP NEW
COMPANHIA BRASILEIRA BEBIDAS
COMPANHIA BRASILEIRA BEBIDAS
COMPANHIA BRASILEIRA DE BEBIDA
CONSOLIDATED NAT GAS CO
CONSTELLATION BRANDS INC
CORPORACION NACIONAL DEL COBRE
CORPORACION NACIONAL DEL COBRE
COSTA RICA REP
COSTA RICA REP
COSTA RICA REP
COX COMMUNICATIONS INC MTN
COX COMMUNICATIONS INC NEW
CRH AMER INC
CRH AMER INC
CRH AMER INC
D R HORTON INC
D R HORTON INC
DAIMLERCHRYSLER NORTH AMER HLD
DAIMLERCHRYSLER NTH AMER HLDG
DBS BK LTD SINGAPORE
DBS BK LTD SINGAPORE
DELHAIZE AMER INC
DENBURY RES INC DEL
DEVELOPERS DIVERSIFIED RLTY
DEVELOPERS DIVERSIFIED RLTY
DEVELOPERS DIVERSIFIED RLTY CO
DIAMOND OFFSHORE DRILLING INC

Source: State Street

Interest RateMaturity Date Shares/Par Value
8.25
1/20/2034
12,500,000
7.125
1/20/2037
15,000,000
11
8/17/2040
5,000,000
9.875
6/15/2010
15,500,000
6.722
12/1/2049
8,450,000
6.8
7/15/2018
9,210,000
6.9
7/15/2028
19,275,000
7.125
3/1/2014
15,000,000
7.875
5/17/2016
6,250,000
7.875
5/17/2016
13,350,000
7.75
9/13/2011
2,932,000
5.625
4/20/2015
4,000,000
5.25
6/15/2015
12,550,000
6.375
6/15/2015
19,000,000
6.375
6/15/2015
4,750,000
7.45
3/1/2027
29,215,000
5.5
2/22/2016
17,000,000
5.85
8/2/2016
10,000,000
6
10/31/2033
25,200,000
6
10/31/2033
5,000,000
8.25
12/22/2014
12,000,000
8.125
5/21/2024
12,000,000
9.75
4/23/2009
12,500,000
7.375
9/18/2037
4,500,000
8.875
5/1/2017
10,000,000
5.45
11/15/2010
3,000,000
5.9
3/15/2016
5,000,000
5.875
2/15/2018
10,300,000
6.5
11/15/2035
14,000,000
8.75
9/15/2013
2,000,000
8.75
9/15/2013
15,500,000
10.5
12/15/2011
14,974,000
5
3/1/2014
4,300,000
7.25
9/1/2016
7,500,000
6.375
11/30/2012
10,800,000
4.75
10/15/2014
5,000,000
8.11
2/1/2012
5,000,000
8.11
2/1/2012
3,000,000
6.548
3/20/2014
2,000,000
6.95
1/15/2028
9,250,000
5.875
12/1/2016
9,500,000
6
9/30/2016
9,600,000
6.4
10/15/2033
10,000,000
6.4
10/15/2033
15,000,000
6.125
1/15/2014
4,000,000
5.625
9/15/2014
9,500,000
6.5
11/15/2013
1,480,000
5.75
9/8/2011
3,000,000
5
11/15/2019
10,000,000
5
11/15/2019
12,500,000
8.125
4/15/2011
7,000,000
7.5
4/1/2013
11,000,000
5.25
4/15/2011
2,550,000
5.25
4/15/2011
5,000,000
5.5
5/1/2015
8,000,000
4.875
7/1/2015
10,000,000

3

Base Market Value
15,156,250.00
16,117,500.00
6,625,000.00
17,714,419.90
8,487,180.00
10,256,577.43
21,915,859.65
15,225,000.00
6,703,125.00
14,317,875.00
3,163,305.48
3,929,760.12
11,889,287.55
18,810,000.00
4,702,500.00
31,246,736.72
17,054,156.05
10,329,562.40
25,846,082.64
5,128,191.00
13,620,000.00
13,860,000.00
13,625,000.00
4,830,750.00
12,099,099.00
3,011,010.36
5,012,069.30
10,168,802.93
14,072,370.20
2,330,000.00
18,057,500.00
18,118,540.00
4,138,081.78
7,706,250.00
11,273,450.40
4,762,500.00
5,462,500.00
3,277,500.00
2,037,000.00
9,529,692.25
9,432,616.50
9,680,151.17
9,986,660.00
14,979,990.00
3,971,688.00
9,194,167.26
1,521,526.09
2,995,838.70
9,691,100.00
12,113,875.00
7,551,292.00
11,165,000.00
2,514,078.76
4,929,566.20
7,819,471.20
9,415,431.20

Security Name
DIAMOND OFFSHORE DRILLING INC
DIRECTV HLDGS LLC
DOMINION RES INC VA NEW
DPL INC
EMBARQ CORP
EMPRESA NACIONAL DE
EMPRESA NACIONAL DE ELECTRIC
ENCANA CORP
ENCANA CORP
ENCANA CORP
ENCANA CORP
ENERSIS S A
ENERSIS SA
ENERSIS SA
ENTERPRISE PRODS OPER L P
ENTERPRISE PRODS OPER L P
ENTERPRISE PRODS OPER L P
ENTERPRISE PRODUCTS OPER
EQUISTAR CHEMICALS PL FDG CORP
EQUISTAR CHEMICALS PL FDG CORP
EQUITY RESIDENTIAL
ERAC USA FIN CO
FED HM LN PC POOL B14157
FEDERAL HOME LN BKS
FEDERAL HOME LN MTG CORP
FEDERAL HOME LN MTG CORP
FEDERAL HOME LN MTG CORP
FEDERAL HOME LN MTG CORP
FEDERAL HOME LN MTG CORP
FEDERAL HOME LN MTG CORP
FEDERAL NATL MTG ASSN
FEDERAL NATL MTG ASSN
FEDERAL NATL MTG ASSN
FEDERAL NATL MTG ASSN
FEDERAL NATL MTG ASSN GTD
FEDERAL NATL MTG ASSN GTD REMI
FLORIDA PWR + LT CO
FNMA TBA JAN 15 SINGLE FAM
FNMA TBA JAN 15 SINGLE FAM
FNMA TBA JAN 15 SINGLE FAM
FNMA TBA JAN 15 SINGLE FAM
FNMA TBA JAN 30 SINGLE FAM
FNMA TBA JAN 30 SINGLE FAM
FNMA TBA JAN 30 SINGLE FAM
FNMA TBA JAN 30 SINGLE FAM
FNMA POOL 555813
FNMA POOL 730016
FNMA POOL 745443
FNMA POOL 791868
FNMA POOL 826797
FNMA TBA JAN 30 SINGLE FAM
FORD MTR CO DEL
FORD MTR CR CO
FORD MTR CR CO
FORD MTR CR CO
FORD MTR CR CO

Source: State Street

Interest RateMaturity Date Shares/Par Value
4.875
7/1/2015
6,750,000
6.375
6/15/2015
2,700,000
6.3
9/30/2066
5,000,000
6.875
9/1/2011
16,800,000
7.082
6/1/2016
11,000,000
8.5
4/1/2009
13,330,000
8.35
8/1/2013
6,492,000
4.75
10/15/2013
5,000,000
4.75
10/15/2013
4,000,000
6.5
8/15/2034
10,000,000
6.5
8/15/2034
5,350,000
7.4
12/1/2016
4,600,000
7.375
1/15/2014
3,500,000
7.375
1/15/2014
4,000,000
6.875
3/1/2033
10,750,000
8.375
8/1/2066
11,500,000
8.375
8/1/2066
4,250,000
4.95
6/1/2010
7,431,000
8.75
2/15/2009
10,500,000
8.75
2/15/2009
2,000,000
5.125
3/15/2016
16,500,000
6.7
6/1/2034
20,000,000
4
5/1/2019
4,690,198
4.85
2/4/2011
97,000,000
3.75
4/15/2007
20,055,000
5.625
3/15/2011
200,000,000
5.5
7/18/2016
15,000,000
4.5
8/15/2022
2,278,626
4
10/15/2022
9,496,138
6.5
7/15/2031
8,624,192
5.125
4/15/2011
212,000,000
5.125
1/2/2014
185,300,000
6
8/22/2016
200,000,000
4
7/25/2032
4,091,366
3
8/25/2032
28,807,867
3.75
7/25/2033
4,385,128
5.65
2/1/2037
19,000,000
5.5
12/1/2099
455,500,000
5
12/1/2099
49,000,000
4.5
12/1/2099
158,000,000
5
12/1/2099
182,000,000
5
12/1/2099
172,500,000
6.5
12/1/2099
125,000,000
5
12/1/2099
6,000,000
5.5
12/1/2099
60,000,000
4
10/1/2018
17,054,935
4
7/1/2018
12,589,327
5.549
3/1/2036
73,599,179
5.061
8/1/2034
7,205,487
4.201
7/1/2035
33,414,059
6
12/1/2099
20,000,000
7.45
7/16/2031
8,000,000
6.625
6/16/2008
5,000,000
5.8
1/12/2009
5,000,000
5.7
1/15/2010
7,400,000
7.25
10/25/2011
1,000,000

4

Base Market Value
6,355,416.06
2,588,625.00
5,023,373.80
17,630,882.98
11,201,364.79
14,193,784.40
7,308,823.50
4,742,211.15
3,793,768.92
10,273,229.20
5,496,177.62
5,054,420.20
3,761,485.04
4,298,840.04
11,239,332.05
12,456,869.00
4,603,625.50
7,293,189.28
10,998,750.00
2,095,000.00
15,878,551.10
20,516,220.00
4,416,528.61
96,363,243.50
19,967,909.16
205,092,820.00
15,584,407.50
2,213,935.97
9,060,007.05
8,852,415.20
213,406,217.20
185,010,783.76
201,343,900.00
3,894,728.46
26,324,873.98
4,064,558.41
18,676,454.13
455,357,656.25
48,165,471.20
152,383,589.80
178,900,321.60
166,516,406.25
127,333,987.50
5,791,875.00
59,301,564.00
16,080,105.31
11,869,743.54
73,951,322.84
7,146,132.10
32,240,339.83
20,134,376.00
6,280,000.00
4,996,600.00
4,909,200.00
7,058,003.82
979,270.00

Security Name
FORD MTR CR CO
FPL GROUP CAP INC
FREDDIE MAC
GAZ CAP SA LUXEMBOURG
GAZ CAPITAL
GAZPROM INTL S A
GAZPROM INTL S A
GENERAL ELEC CAP CORP MTN
GENERAL ELEC CO
GENERAL MTRS ACCEP CORP
GENERAL MTRS ACCEP CORP
GENERAL MTRS ACCEP CORP
GENERAL MTRS ACCEP CORP
GENERAL MTRS CORP
GENETECH INC
GMAC LLC
GOLDMAN SACHS CAP I
GOLDMAN SACHS GROUP INC
GOLDMAN SACHS GROUP INC
GOLDMAN SACHS GROUP INC
GRUPO TELEVISA SA
GRUPO TELEVISA SA
GS MTG SECS CORP
HARRAHS OPER INC
HARRAHS OPER INC
HARRAHS OPER INC
HARRAHS OPER INC
HCA INC
HERTZ CORP
HOST HOTELS + RESORTS L P
HOST MARRIOTT L P
HOVNANIAN K ENTERPRISES INC
HOVNANIAN K ENTERPRISES INC
HOVNANIAN K ENTERPRISES INC
HOVNANIAN K ENTERPRISES INC
HSBC BK USA
HSBC FIN CAP TR IX
HSBC FIN CORP
HUTCHISON WHAMPOA INTL
HUTCHISON WHAMPOA INTL
HUTCHISON WHAMPOA INTL LTD
HUTCHISON WHAMPOA INTL LTD
IDEARC INC
ILLINOIS ST
INTERNATIONAL BUSINESS MACHS
INTERNATIONAL FIN FAC
ITC HLDGS CORP
JPMORGAN CHASE + CO
JPMORGAN CHASE CAP XV
KERR MCGEE CORP
L 3 COMMUNICATIONS CORP
L 3 COMMUNICATIONS CORP
L 3 COMMUNICATIONS CORP
L 3 COMMUNICATIONS CORP
LEHMAN BROS HLDGS INC
LOBLAW COMPANIES LTD

Source: State Street

Interest RateMaturity Date Shares/Par Value
8
12/15/2016
3,800,000
6.35
10/1/2066
11,500,000
4.5
1/15/2014
13,800,000
6.212
11/22/2016
16,500,000
8.625
4/28/2034
5,000,000
7.201
2/1/2020
22,000,000
7.201
2/1/2020
8,000,000
6.75
3/15/2032
30,000,000
5
2/1/2013
21,750,000
5.125
5/9/2008
7,000,000
5.85
1/14/2009
7,000,000
5.625
5/15/2009
3,500,000
6.875
9/15/2011
4,800,000
8.375
7/15/2033
7,500,000
4.75
7/15/2015
22,000,000
6.125
1/22/2008
5,000,000
6.345
2/15/2034
17,750,000
4.75
7/15/2013
5,000,000
5.35
1/15/2016
15,000,000
6.45
5/1/2036
22,000,000
6.625
3/18/2025
17,000,000
6.625
3/18/2025
12,100,000
6.5
2/25/2035
16,634,579
5.5
7/1/2010
4,000,000
5.5
7/1/2010
2,000,000
5.5
7/1/2010
7,450,000
5.625
6/1/2015
8,900,000
9.125
11/15/2014
3,400,000
8.875
1/1/2014
17,000,000
6.875
11/1/2014
3,340,000
6.375
3/15/2015
2,000,000
6.25
1/15/2015
7,500,000
6.25
1/15/2015
2,800,000
7.5
5/15/2016
2,000,000
7.5
5/15/2016
3,000,000
5.875
11/1/2034
17,985,000
5.911
11/30/2035
15,400,000
5
6/30/2015
8,600,000
6.25
1/24/2014
5,000,000
6.25
1/24/2014
5,420,000
7.45
11/24/2033
10,930,000
7.45
11/24/2033
18,370,000
8
11/15/2016
7,800,000
5.1
6/1/2033
6,635,000
6.22
8/1/2027
29,800,000
5
11/14/2011
20,250,000
5.875
9/30/2016
8,100,000
5.15
10/1/2015
27,700,000
5.875
3/15/2035
24,500,000
6.95
7/1/2024
8,000,000
6.125
1/15/2014
5,000,000
6.125
1/15/2014
3,940,000
5.875
1/15/2015
12,450,000
5.875
1/15/2015
10,000,000
5.75
1/3/2017
24,500,000
6.5
1/22/2029
14,000,000

5

Base Market Value
3,754,970.00
11,653,080.99
13,417,105.20
16,615,500.00
6,425,000.00
23,265,000.00
8,460,000.00
34,405,407.60
21,486,511.58
6,925,170.00
6,973,470.00
3,464,863.50
4,946,104.80
6,937,500.00
21,054,372.02
4,989,050.00
17,922,038.50
4,821,697.25
14,805,130.05
22,921,402.68
17,656,948.00
12,567,592.40
16,746,761.18
3,920,604.00
1,960,302.00
7,158,077.71
7,633,067.20
3,633,750.00
17,807,500.00
3,381,750.00
1,972,500.00
7,125,000.00
2,660,000.00
2,010,000.00
3,015,000.00
17,947,777.70
15,565,612.99
8,359,907.69
5,191,800.00
5,627,911.20
12,602,617.90
21,181,161.10
7,917,000.00
6,358,984.00
31,440,329.97
20,069,430.75
8,038,213.20
27,192,850.67
23,889,873.81
8,538,256.80
4,887,500.00
3,851,350.00
12,014,250.00
9,650,000.00
24,826,906.44
13,283,902.52

Security Name
LOBLAW COS LIMITED
LOBLAWS COS LTD CPN RCPTS CDS
LOBLAWS COS LTD CPN RCPTS CDS
LORAL CORP
LUBRIZOL CORP
LUBRIZOL CORP
LUBRIZOL CORP
LYONDELL CHEMICAL CO
MEDTRONIC INC
MEDTRONIC INC
METLIFE INC
METLIFE INC
METLIFE INC
MEXICO UNITED MEXICAN STS
MGM MIRAGE
MGM MIRAGE
MGM MIRAGE FORMLY MGM GRAND
MGM MIRAGE FORMLY MGM GRAND
MIDAMERICAN ENERGY CO
MIDAMERICAN ENERGY HLDGS CO N
MILLER BREWING CO
NATIONAL GAS CO TRINIDAD + TOB
NATIONAL GAS CO TRINIDAD + TOB
NEIMAN MARCUS GROUP INC
NEVADA PWR CO
NEW YORK LIFE INS CO
NEWS AMER HLDGS INC
NEWS AMER INC
NEXTEL COMMUNICATIONS INC
NORFOLK SOUTHN CORP
NORFOLK SOUTHN CORP
NORFOLK SOUTHN CORP
OHIO PWR CO
OHIO PWR CO
OWENS BROCKWAY GLASS CONTAINER
OWENS BROCKWAY GLASS CONTAINER
PACIFIC GAS + ELEC CO
PANAMA REP
PANAMA REP
PANAMA REP
PANAMERICAN BEVERAGES INC
PEMEX PROJ FDG MASTER TR
PEMEX PROJ FDG MASTER TR
PEMEX PROJ FDG MASTER TR
PEMEX PROJ FDG MASTER TR
PEMEX PROJ FDG MASTER TR
PEMEX PROJ FDG MASTER TR
PEMEX PROJ FDG MASTER TR
PEMEX PROJ FDG MASTER TR
PEMEX PROJECT FD MAST TRUST
PENNEY J C INC
PENNEY J C INC
PERU REP
PERU REP
PERU REP
PETROBRAS INTL FIN CO

Source: State Street

Interest RateMaturity Date Shares/Par Value
6.65
11/8/2027
25,000,000
0
5/23/2031
40,000,000
0
11/23/2033
25,000,000
7
9/15/2023
26,300,000
4.625
10/1/2009
7,000,000
5.5
10/1/2014
3,750,000
5.5
10/1/2014
5,500,000
8
9/15/2014
6,000,000
4.75
9/15/2015
10,000,000
4.75
9/15/2015
9,000,000
6.375
6/15/2034
3,200,000
5.7
6/15/2035
19,000,000
6.4
12/15/2036
8,000,000
8.125
12/30/2019
7,200,000
6
10/1/2009
16,200,000
6.75
9/1/2012
10,625,000
6.75
4/1/2013
2,000,000
6.75
4/1/2013
5,700,000
5.8
10/15/2036
5,000,000
6.125
4/1/2036
32,000,000
5.5
8/15/2013
24,700,000
6.05
1/15/2036
5,000,000
6.05
1/15/2036
6,000,000
10.375
10/15/2015
8,700,000
6.5
5/15/2018
16,800,000
5.875
5/15/2033
10,500,000
7.7
10/30/2025
8,755,000
6.4
12/15/2035
19,000,000
5.95
3/15/2014
10,800,000
6.75
2/15/2011
3,900,000
5.59
5/17/2025
16,161,000
7.05
5/1/2037
5,620,000
4.85
1/15/2014
9,700,000
6.6
2/15/2033
24,745,000
7.75
5/15/2011
5,000,000
6.75
12/1/2014
8,000,000
6.05
3/1/2034
10,000,000
7.25
3/15/2015
11,000,000
7.25
3/15/2015
3,000,000
7.125
1/29/2026
11,000,000
7.25
7/1/2009
3,000,000
9.375
12/2/2008
5,495,000
5.75
12/15/2015
10,000,000
5.75
12/15/2015
11,000,000
5.75
12/15/2015
8,550,000
8.625
2/1/2022
10,000,000
6.625
6/15/2035
10,000,000
6.625
6/15/2035
20,000,000
6.625
6/15/2035
5,975,000
7.875
2/1/2009
2,000,000
7.125
11/15/2023
9,800,000
7.4
4/1/2037
2,750,000
9.125
2/21/2012
5,000,000
8.375
5/3/2016
13,000,000
7.35
7/21/2025
10,000,000
7.75
9/15/2014
10,000,000

6

Base Market Value
24,145,357.82
8,038,098.51
4,384,760.60
29,714,789.37
6,843,268.60
3,656,433.98
5,362,769.83
6,225,000.00
9,483,064.30
8,534,757.87
3,423,737.79
18,582,113.62
8,067,999.60
8,748,000.00
16,159,500.00
10,465,625.00
1,955,000.00
5,571,750.00
4,937,471.75
32,325,776.32
24,304,883.98
4,876,485.00
5,851,782.00
9,678,750.00
17,415,888.00
10,644,922.05
9,875,687.01
19,000,427.69
10,570,500.00
4,088,740.50
15,638,345.66
6,474,518.53
9,304,754.10
26,316,843.23
5,137,500.00
7,760,000.00
10,093,097.70
11,907,500.00
3,247,500.00
11,880,000.00
3,120,000.00
5,879,650.00
9,930,000.00
10,923,000.00
8,490,150.00
12,360,000.00
10,230,000.00
20,460,000.00
6,112,425.00
2,096,000.00
10,783,166.38
2,997,736.50
5,775,000.00
15,437,500.00
11,300,000.00
11,125,000.00

Security Name
PETROBRAS INTL FIN CO
PETROBRAS INTL FIN CO
PETROBRAS INTL FIN CO
PETROBRAS INTL FIN CO
PHILIPPINE LONG DIST TEL CO ME
PHILIPPINE LONG DIST TEL CO ME
PHILIPPINES REP
PHILIPPINES REP
PHILIPPINES REP
PHILIPPINES REP
PHILIPPINES REP
PHILIPPINES REP
PHILIPPINES REP
PHILIPPINES REP
PREMCOR REFNG GROUP INC
PRINCIPAL FINL GROUP INC
PRINCIPAL LIFE INCOME FUNDINGS
PROLOGIS
QUEST DIAGNOSTICS INC
QUEST DIAGNOSTICS INC
R H DONNELLEY CORP
RAS LAFFAN LIQUEFIED NAT GAS
RAS LAFFAN LIQUEFIED NAT GAS
RAS LAFFAN LNG
RBS CAP TR III
RESIDENTIAL ASSET MTG PRODS
RESIDENTIAL CAP CORP
RESIDENTIAL CAP CORP
RESIDENTIAL FDG MTG SECS I INC
ROGERS CABLE INC
ROYAL CARIBBEAN CRUISES LTD
ROYAL CARIBBEAN CRUISES LTD
ROYAL CARIBBEAN CRUISES LTD
RUSSIAN FEDERATION
RUSSIAN FEDN
RUSSIAN FEDN
SBC COMMUNICATIONS INC
SEARIVER MARITIME FINL HLDGS
SIEMENS FINANCIERINGSMAATSCHAP
SIMON PPTY GROUP L P
SIMON PPTY GROUP L P
SIMON PPTY GROUP L P
SIMON PPTY GROUP L P
SIMON PPTY GROUP LP
SOCIEDAD QUIMICA Y MINERA DE
SOUTHERN POWERCO
SOUTHERN PWR CO
SOUTHERN PWR CO
SOUTHERN PWR CO
SOUTHERN PWR CO
SPRINT CAP CORP
SPRINT CAP CORP
SUNCOR ENERGY INC
SUNGARD DATA SYS INC
SUNGARD DATA SYSTEMS
TECO ENERGY INC

Source: State Street

Interest RateMaturity Date Shares/Par Value
7.75
9/15/2014
7,450,000
6.125
10/6/2016
2,000,000
8.375
12/10/2018
1,000,000
8.375
12/10/2018
6,000,000
8.35
3/6/2017
5,895,000
8.35
3/6/2017
7,800,000
8.375
3/12/2009
5,000,000
8.375
2/15/2011
10,750,000
8.25
1/15/2014
17,000,000
8.25
1/15/2014
3,000,000
8.875
3/17/2015
3,000,000
8
1/15/2016
13,150,000
9.375
1/18/2017
8,800,000
7.75
1/14/2031
6,500,000
6.75
5/1/2014
6,250,000
6.05
10/15/2036
6,000,000
5.1
4/15/2014
9,400,000
5.625
11/15/2016
7,500,000
5.125
11/1/2010
5,000,000
5.45
11/1/2015
13,000,000
6.875
1/15/2013
15,500,000
6.332
9/30/2027
3,000,000
6.332
9/30/2027
13,300,000
5.832
9/30/2016
7,500,000
5.512
9/29/2049
11,000,000
6
7/25/2032
4,306,583
6.375
6/30/2010
10,000,000
6.5
4/17/2013
15,000,000
5.5
12/25/2034
14,207,233
5.5
3/15/2014
15,000,000
6.875
12/1/2013
11,025,000
7.5
10/15/2027
12,881,000
7.5
10/15/2027
3,000,000
10
6/26/2007
11,000,000
8.25
3/31/2010
24,889,282
5
3/31/2030
48,000,000
6.15
9/15/2034
20,500,000
0
9/1/2012
43,815,000
6.125
8/17/2026
20,000,000
4.875
8/15/2010
3,840,000
4.875
8/15/2010
7,850,000
5.625
8/15/2014
11,200,000
5.625
8/15/2014
7,000,000
5.875
3/1/2017
4,000,000
6.125
4/15/2016
11,400,000
6.375
11/15/2036
4,500,000
6.25
7/15/2012
5,000,000
6.25
7/15/2012
12,050,000
4.875
7/15/2015
19,910,000
4.875
7/15/2015
5,250,000
6.9
5/1/2019
17,750,000
6.875
11/15/2028
2,000,000
5.95
12/1/2034
15,000,000
9.9725
8/15/2013
2,600,000
10.25
8/15/2015
2,500,000
7
5/1/2012
10,000,000

7

Base Market Value
8,288,125.00
2,020,000.00
1,192,500.00
7,155,000.00
6,690,825.00
8,853,000.00
5,312,500.00
11,771,250.00
19,188,750.00
3,386,250.00
3,551,250.00
14,958,125.00
10,846,000.00
7,377,500.00
6,550,428.13
6,159,514.14
9,234,348.97
7,416,077.03
4,935,284.05
12,510,441.97
14,860,625.00
3,038,670.00
13,471,437.00
7,533,792.00
10,881,542.21
4,307,930.83
10,125,537.90
15,226,504.95
14,056,874.95
14,342,850.00
11,175,447.15
12,620,314.32
2,939,286.00
11,231,000.00
26,009,299.44
54,300,000.00
20,124,671.24
32,752,290.86
20,435,380.00
3,774,012.02
7,715,102.70
11,213,467.66
7,008,417.29
4,061,022.64
11,452,326.00
4,405,513.50
5,156,579.60
12,427,356.84
18,831,425.13
4,965,594.27
18,276,671.43
2,003,261.56
15,143,253.75
2,700,750.00
2,668,750.00
10,525,000.00

Security Name
TECO ENERGY INC
TECO ENERGY INC
TELEFONOS DE MEXICO S A
TELOFONOS DE MEXICO SA
TELOFONOS DE MEXICO SA
TEMASEK FINL LTD
TENGIZCHEVROIL FIN CO S AR L
TENGIZCHEVROIL FIN CO S AR L
TEVA PHARMACEUTICAL FIN CO LLC
TIME WARNER ENTMT CO L P
TIME WARNER INC
TRANSCANADA PIPELINES LTD
TRANSCANADA PIPELINES LTD
TRANSOCEAN SEDCO FOREX INC
TURKEY REP
TURKEY REP
TURKEY REP
TURKEY REP
TURKEY REP
TURKEY REP
UNITED MEXICAN STS MTN
UNITED MEXICAN STS MTN
UNITED STATES TREAS BD
UNITED STATES TREAS BDS
UNITED STATES TREAS BDS
UNITED STATES TREAS BDS
UNITED STATES TREAS BDS
UNITED STATES TREAS BDS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TRES BD STRP PRN
UNITED STATES TRES BD STRP PRN
UNITED STATES TRES BD STRP PRN
UNITED STATES TRES BD STRP PRN
UNITED STATES TRES BD STRP PRN
UNITED STATES TRES BD STRP PRN
UNITED STATES TRES BD STRP PRN
UNITED STATES TRES SC STRP INT
UNITED STATES TRES SC STRP INT
UNITED STATES TRES SC STRP INT
URBI DESARROLLOS URBANOS S A

Source: State Street

Interest RateMaturity Date Shares/Par Value
7
5/1/2012
1,000,000
6.75
5/1/2015
7,000,000
4.5
11/19/2008
5,000,000
5.5
1/27/2015
15,000,000
5.5
1/27/2015
13,500,000
4.5
9/21/2015
10,000,000
6.124
11/15/2014
12,000,000
6.124
11/15/2014
7,575,000
6.15
2/1/2036
21,500,000
8.375
3/15/2023
19,475,000
6.875
6/15/2018
8,500,000
4.875
1/15/2015
6,000,000
8.29
2/5/2026
21,320,000
7.5
4/15/2031
11,550,000
10.5
1/13/2008
20,000,000
9.875
3/19/2008
10,000,000
11.75
6/15/2010
10,000,000
7.25
3/15/2015
19,000,000
7.375
2/5/2025
4,500,000
6.875
3/17/2036
12,000,000
5.625
1/15/2017
22,000,000
5.625
1/15/2017
20,000,000
0
11/15/2027
450,000,000
2.375
1/15/2025
193,847,178
2
1/15/2026
125,991,303
3.625
4/15/2028
129,564,465
3.875
4/15/2029
149,032,875
3.375
4/15/2032
39,330,015
3.625
1/15/2008
124,933,000
3.625
1/15/2008
136,125,747
3.875
1/15/2009
123,046,617
4.25
1/15/2010
88,014,722
6.5
2/15/2010
38,000,000
0.875
4/15/2010
201,742,013
3.5
1/15/2011
88,385,409
2.375
4/15/2011
133,381,821
3.375
1/15/2012
48,998,159
3
7/15/2012
168,785,876
1.875
7/15/2013
157,902,293
2
1/15/2014
161,896,804
2
7/15/2014
148,288,482
1.625
1/15/2015
146,384,914
1.875
7/15/2015
127,175,610
2
1/15/2016
116,839,023
2.5
7/15/2016
123,825,140
0
2/15/2015
80,000,000
0
8/15/2015
137,000,000
0
11/15/2016
5,050,000
0
5/15/2018
720,000,000
0
11/15/2018
275,000,000
0
11/15/2018
105,900,000
0
2/15/2019
160,400,000
0
2/15/2017
54,000,000
0
2/15/2018
77,500,000
0
2/15/2019
300,000,000
8.5
4/19/2016
7,000,000

8

Base Market Value
1,052,500.00
7,315,000.00
4,909,815.00
14,601,960.00
13,141,764.00
9,488,360.00
11,970,000.00
7,556,062.50
20,932,662.52
22,753,256.55
9,026,753.33
5,708,592.24
24,805,401.06
13,088,897.05
21,000,000.00
10,530,000.00
11,800,000.00
19,641,250.00
4,612,500.00
11,460,000.00
22,022,000.00
20,020,000.00
163,552,500.00
193,102,804.97
118,453,243.71
156,611,047.54
187,768,009.98
47,537,008.99
126,241,048.51
137,550,984.06
126,458,699.37
92,649,576.78
39,928,118.86
191,307,916.28
92,003,907.35
132,881,639.20
51,163,877.77
173,756,620.55
152,648,883.56
157,345,884.60
144,001,461.64
137,853,600.84
121,929,615.69
112,875,843.74
124,820,693.86
54,760,800.00
91,616,010.00
3,170,945.50
417,679,200.00
155,501,500.00
59,882,214.00
89,384,504.00
33,433,560.00
45,471,575.00
166,605,000.00
7,567,000.00

Security Name
URBI DESARROLLOS URBANOS S A
VALE OVERSEAS LTD
VALE OVERSEAS LTD
VALE OVERSEAS LTD
VALE OVERSEAS LTD
VALE OVERSEAS LTD
VALERO ENERGY CORP NEW
VESSEL MGMT SVCS INC
VOTO VOTORANTIM OVERSEAS
VOTO VOTORANTIM OVERSEAS TRAD
WAL MART STORES INC
WAMU MTG PASS THROUGH CTFS
WELLS FARGO BK NATL ASSN
WELLS FARGO BK NATL ASSN
WELLS FARGO BK NATL ASSN
WELLS FARGO CAP X
WELLS FARGO MTG BACKED SECS
WESTAR ENERGY INC
WESTAR ENERGY INC
WESTAR ENERGY INC
WESTAR ENERGY INC
WESTERN RES INC
WINDSTREAM CORP
WYETH
WYETH
WYETH
WYETH
XTO ENERGY INC
XTO ENERGY INC

Interest RateMaturity Date Shares/Par Value
8.5
4/19/2016
14,025,000
6.25
1/11/2016
10,500,000
6.25
1/11/2016
8,000,000
8.25
1/17/2034
5,000,000
8.25
1/17/2034
6,050,000
6.875
11/21/2036
4,400,000
7.5
4/15/2032
14,000,000
6.08
5/20/2024
12,159,500
7.875
1/23/2014
9,000,000
7.75
6/24/2020
9,700,000
5.25
9/1/2035
13,500,000
5.5
8/25/2035
31,943,936
5.75
5/16/2016
12,500,000
5.95
8/26/2036
10,000,000
5.95
8/26/2036
4,000,000
5.95
12/15/2086
9,000,000
5.136486
5/25/2035
39,246,063
5.15
1/1/2017
7,900,000
5.15
1/1/2017
4,850,000
5.1
7/15/2020
3,000,000
5.95
1/1/2035
5,000,000
7.125
8/1/2009
6,000,000
8.625
8/1/2016
12,500,000
5.5
2/1/2014
10,000,000
5.5
2/1/2014
6,000,000
5.5
2/15/2016
3,500,000
6.45
2/1/2024
10,000,000
5
1/31/2015
12,000,000
6.1
4/1/2036
11,000,000

Base Market Value
15,161,025.00
10,602,049.50
8,077,752.00
5,922,710.00
7,166,479.10
4,498,692.00
15,993,201.28
12,814,532.27
9,990,000.00
10,961,000.00
12,432,852.00
31,302,846.66
12,823,001.88
10,311,893.50
4,124,757.40
9,006,523.11
38,445,812.01
7,566,520.46
4,645,268.89
2,790,376.98
4,713,861.00
6,201,678.00
13,687,500.00
10,066,930.40
6,040,158.24
3,506,169.98
10,732,445.50
11,406,177.12
10,764,589.99

FIXED INCOME - EXTERNALLY MANAGED FUNDS
GOLDMAN SACHS HIGH YIELD
NCRAM HIGH YIELD TOTAL RETURN
WGBI EX US INDEX FUND

230,670,139.25
325,482,818.64
1,394,196,895.34

TOTAL FIXED INCOME

12,328,755,755.97

ALTERNATIVE ASSETS
PRIVATE EQUITY
ACCEL VIII LP
AIG ASIAN INFRASTRUCTURE FNDII
AIG ASIAN INFRASTRUCTURE FUND
AIG GE CAPITAL LATIN AMERICA
AIG INDIAN SECTORAL EQUITY
AISLING CAPITAL 11
ALTA SUB DEB III
APOLLO INVESTMENT FUND VI LP
ARCH VENTURE FUND VI, LP
ARES CORP OPPORTUNITY FUND II
ARSENAL CAP PTNERS

Source: State Street

8,019,270.15
9,298,664.37
259,590.10
26,799,456.06
2,327,663.15
790,611.33
926,184.00
4,239,583.51
4,343,889.68
3,641,327.42
9,280,697.67

9

Security Name
ARSENAL CAPITAL PARTNERS II LP
BAIN CAPITAL FUND IX LP
BAIN CAPITAL FUND VIII
BAIN CAPITAL IX COINVESTMENT F
BAIN CAPITAL VIII COINVETMENT
BLACKSTONE CAP PARTN IV LP
BLACKSTONE CAPITAL PARTNERS V
BLUERUN VENTURES LP
CALERA CAPITAL
CANAAN EQUITY PARTNERS VII
CENTURY PARK CAPITAL PTNS II
CHARLESBANK EQUITY FUND VI
CLAREMONT CREEK VENTURES LP
CLEARSTONE VENTURE PARTNERS
DARWIN VENTURE CAPITAL FUNDS
DCM IV
DE NOVO VENTURES II LP
DE NOVO VENTURES III
DOMAIN PARTNERS VI LP
DOMAIN PARTNERS VII
EOS CAPITAL PARTNERS III
EQUITY DISTRIBUTION SECURITIES
FIRST RESERVE FUND XI LP
FORTRESS INVESTMENT FUND III
FORTRESS INVESTMENT FUND IV
FOX PAINE CAPITAL FUND III LP
GENSTAR CAPITAL PARTNERS IV
GLENCOE CAP INSTL PARTNERS III
GLENCOE CAPITAL PARTNERS III
GLOBESPAN CAPITAL PARTNERS IV
GLOBESPAN CAPITAL PARTNERS V
GOLDER THOMA CRESSEY RAUNER
GOLDER THOMA CRESSEY RAUNER V
GRAHAM PARTNERS II
GRANITE CLOBAL VENTURES III
GRANITE GLOBAL VENTURES II LP
GRANITE VENTURES II
HUMMER WINBLAD VENTURE PTR III
INSIGHT VENTURE PARTNERS V
INSIGHT VENTURE PARTNERS V
INSTITUTIONAL VENTURE PARTNS
INSTITUTIONAL VENTURE PTR VIII
INTERSOUTH PARTNERS V LP
INTERSOUTH PARTNERS VI
INTERSOUTH PARTNERS VII
INTERWEST PARTNERS IX
INTERWEST PARTNERS V LP
INTERWEST PARTNERS VI LP
INTERWEST PARTNERS VII LP
INTERWEST PARTNERS VIII
INVERNESS PARTNERS II LP
ITU VENTURES III
IVP VI
IVP VII
J C FLOWERS II LP
JLL PARTNERS FUND V, LP

Source: State Street

Interest RateMaturity Date Shares/Par Value

10

Base Market Value
3,500,354.40
16,615,129.05
11,831,769.92
5,602,957.65
3,796,566.48
32,358,602.48
15,521,863.18
7,059,962.13
6,719,073.07
2,884,593.53
5,415,256.12
1,541,666.44
827,923.20
5,565,280.00
1,204,106.28
4,999,293.68
9,829,332.22
1,455,000.00
5,862,066.45
1,863,974.28
10,927,729.51
3,788,295.20
854,145.60
8,252,673.89
2,955,624.00
338,699.58
6,488,752.92
977,291.35
3,488,779.00
6,575,286.18
4,957,936.98
1,798.48
7,445,121.61
6,886,970.80
2,036,406.20
12,199,859.11
1,473,656.25
221,970.42
1,605,189.48
5,962,411.78
3,783,622.68
5,415,946.51
10,005,315.75
5,108,682.04
1,358,000.00
6,375,040.00
662,300.16
862,766.56
5,916,637.84
25,375,815.00
5,624,564.07
1,062,909.99
697,769.30
5,449,097.01
11,777,793.10
5,767,421.63

Security Name
KELSO INVESTMENT ASSOC VII
KODIAK VENTURES III
KPCB AGG INVESTMENT UCRP
KRG CAPITAL III LP
LAKE CAPITAL PARTNERS LP
LATIN AMERICAN CAPITAL II LP
LIGHTHOUSE CAPITAL PARTNERS V
LIGHTSPEED VENTURE PTNERS VII
LINDSAY GOLDBERG + BESSEMER II
LINDSAY GOLDBERG + BESSEMER LP
MADISON DEARBORN CAP PART IV
MADISON DEARBORN V
MAYFIELD VIII
NOVAK BIDDLE VENTURE PARTNERS
OLYMPUS GROWTH FUND IV LP
OXFORD BIOSCIENCE IV
OXFORD BIOSCIENCE PARTNERS III
PALOMAR VENTURES III
PERSEUS 2000 EXPANSION
PERSEUS PARTNERS VII LP
PERSEUS SOROS BIO PHARM LP
POLARIS VENTURE PARTNERS III
POLARIS VENTURE PARTNERS IV
POLARIS VENTURE PRTNRS V LP
QUAD C PARTNERS VII LP
REDPOINT VENTURE I LP
REDPOINT VENTURES II LP
RIPPLEWOOD PARTNERS II LP
SEQUOIA AGG INVESTMENT UCRP
SHAMROCK CAPITAL GROWTH FD II
SKM EQUITY FUND II
SPC PARTNERS III LP
SUN CAPITAL IV LP
TECHNOLOGY PARTNERS WEST FD IV
TRINITY VENTURES IX P
UPDATA PARTNERS III
VENTURE STRATEGY PARTN II L P
VERSANT VENTURE CAPITAL II LP
VERSANT VENTURES I LP
VESTAR CAPITAL PARTNERS V LP
WARBURG IX BUYOUT
WARBURG IX VENTURE
WARBURG PINCUS VIII
WATER STREET CAPITAL PARTNERS
WCAS CAPITAL PARTNERS II
WCAS III
WCAS VI
WELLSPRING CAPITAL PARTNERS IV
WELSH CARSON ANDERSON + STOWE
WICKS COMM + MEDIA PRTNS III
WIND POINT PARTNERS VI

Interest RateMaturity Date Shares/Par Value

Base Market Value
11,098,702.41
4,674,820.24
26,697,450.83
4,341,187.59
11,082,833.95
7,556,651.51
13,069,317.60
1,795,956.45
1,653,868.44
12,754,713.48
44,635,688.60
3,246,354.90
1,058,914.00
3,675,680.67
15,164,780.21
15,518,798.50
6,871,570.00
4,491,286.80
6,534,464.75
5,316,215.29
4,237,126.06
8,956,582.93
13,921,956.70
1,026,000.00
1,970,554.45
4,726,953.00
20,964,322.12
9,763,997.09
27,522,889.25
3,115,980.67
14,752,180.77
10,977,147.63
2,377,869.00
200,160.00
2,037,006.60
7,048,349.95
5,998,653.45
19,516,450.50
14,048,580.00
6,479,404.21
13,803,699.00
20,705,548.50
49,845,845.15
3,047,275.61
3,227,813.40
75,605,180.00
5,957,199.40
2,874,530.70
11,875,808.48
2,864,772.96
2,128,575.58

REAL ESTATE
AMB INSTITUTIONAL ALLIANCE
BEACON CAPITAL STRATEGIC

Source: State Street

63,981,221.18
9,646,011.50

11

Security Name
BLACKSTONE REAL ESTATE PRTN V
CALIFORNIA SMART GROWTH FD IV
CIM URBAN REIT LLC
KSL CAPITAL PARTNERS II
LEGACY PARTNERS REALTY FUND II
MORGAN STANLEY RE FUND V
PRISA II PRUDENTIAL REAL EST.
PRUDENTIAL SNR HSING PTNRS III
REALTY ASSOCIATES FUND VII
REEF GLOBAL OPPORTUNITIES FD
RREEF AMERICA REIT III
WALTON STREET REAL ESTATE V

Interest RateMaturity Date Shares/Par Value

TOTAL ALTERNATIVE ASSETS

Base Market Value
21,852,262.48
8,274,621.36
16,151,704.79
1,760,350.30
15,780,068.60
6,339,127.44
109,042,295.41
15,602,758.39
24,359,583.49
14,086,773.59
33,471,850.99
21,633,348.02
1,331,863,634.90

TOTAL SECURITIES

46,821,957,239.32

CASH & CASH EQUIVALENTS

413,788,838.28

ACCOUNTS RECEIVABLE & ACCRUED INCOME

152,274,053.09

ACCOUNTS PAYABLE

(246,215,928.83)

TOTAL NET ASSETS

Source: State Street

47,141,804,201.86

12

UCRP
Holdings as of December 31, 2007
EQUITY INVESTMENTS
EXTERNALLY MANAGED FUNDS
(SC = Small Cap LC = Large Cap)
Security Name
ADAGE CAPITAL LC
ALLIANCE CAPITAL
AMERICAN CENTURY SC
AMEX/KENWOOD SC
AQR NON-US
ARK ASSET MANAGEMENT CO INC LC
AXA ROSENBERG SC
BRANDYWINE NON-US
BURGUNDY SC
CAPITAL GUARDIAN TRUST COMPANY LC
CAUSEWAY NON-US
CGI EMERGING MARKETS GF
CORTINA ASSET MGT SC
CORTINA OPPTNTY SC
DELAWARE LC
DELAWARE INV ADV SC
DFA INVT DIMENSIONS GRP INC
EAFE STATE ST INTL INDEX
FRANKLIN PORTFOLIO ASSOCIATES LC
FREEMAN ASSOCIATES LC
GENESIS EMERGING MKT LP
GMO NON-US
GMO TR EMERGING MARKETS
GOLDMAN SACHS ASSET MGMT L P LC
HANSBERGER NON-US
HARRIS ASSOCIATES LP LC
HOTCHKIS + WILEY CAP MGMT LC
INTECH LC
IRONBRIDGE SC
JP MORGAN FLEMING NON-US
LAZARD EMERGING MKTS
LSV ASSET MANAGEMENT LC
MAZAMA SC
MFS NON-US
MONDRIAN NON US
NEW STAR NON-US
NWQ INVESTMENT MGT CP LLC LC
PANAGORA NON-US
PZENA INVESTMENT MGMT LC
RUSSEL 2000 TF INDEX FUND
RUSSELL 1000 GROWTH SL CTF
RUSSELL 1000 TF INDEX FUND
SANDERSON NON-US
T ROWE PRICE EMERGING MKTS
TEMPLETON INSTL FDS INC
THORNBURG MTG INC LC
UBS SC

Source: State Street

Interest Rate

Maturity Date

1

Shares/Par Value

Base Market Value
325,488,620
244,267,291
54,042,180
84,366,320
438,942,466
466,613,893
140,758,982
438,164,852
125,707,486
161,403,401
362,504,010
278,697,467
72,638
114,460,883
590,642,754
90,319,079
329,162,297
5,381,853,540
237,061,346
232,815,767
295,465,393
635,174,263
179,219,513
667,547,244
215,863,248
441,170,287
498,404,095
364,002,413
176,765,182
256,573,249
154,709,976
585,003,990
47,556,962
369,369,729
188,720,765
213,354,748
341,225,585
195,149,509
571,668,568
471,068,075
353,951,608
11,251,837,008
174,234,615
298,675,625
135,494,444
759,880,663
451,510

Security Name
VICTORY CAPITAL MGT INC LC
WELLINGTON MANAGEMENT CO LLP LC
WELLINGTON SC

Interest Rate

Maturity Date

Shares/Par Value

Base Market Value
728,283,653
539,988,533
124,073,071
31,332,228,796

TOTAL EQUITY

FIXED INCOME
FIXED INCOME - SECURITIES
AT+T INC
AT+T INC
AT+T WIRELESS SVCS INC
ADVANCED MED OPTICS INC
ALBERTSONS INC
ALLIED WASTE NORTH AMER INC
FNMA TBA JAN 30 SINGLE FAM
ALLSTATE CORP
ALLSTATE CORP
ALTERNATIVE LN TR
AMERICA MOVIL S A DE C V
AMERICA MOVIL S A DE C V
AMERICA MOVIL S A DE C V
AMERICA MOVIL SAB DE CV
AMERICAN ELEC PWR INC
AMERICAN GEN FIN CORP MTN
AMERICAN GEN FIN CORP
AMERICAN INTL GROUP INC
AMERICAN INTL GROUP INC
FHLMC TBA JAN 30 GOLD SINGLE
ANHEUSER BUSCH COS INC
APACHE CORP
APACHE CORP
APPALACHIAN PWR CO
ARGENTINA (REP)
ATLAS COPCO AB
BAC CAP TR VI
BAE SYS HLDGS INC
BMW VEH LEASE TR
BW GROUP LTD
BANC AMER FDG CORP
BANC AMER ALTERNATIVE LN TR
BANC AMER MTG SECS INC
BANC AMER MTG SECS INC
BANC AMER COML MTG TR
BANC OF AMERICA FNDG CORP
BANCO MERCANTILE DEL NORTE SA
BANCO MERCANTILE DEL NORTE SA
BANK AMER NA CHARLOTTE NC
BANK OF AMERICA
BAXTER INTL INC
BEAR STEARNS ARM TR
BEAR STEARNS ARM TR
BEAR STEARNS COMMERCIAL MORT
BECTON DICKINSON + CO
BOYD GAMING CORP
BOMBARDIER INC

Source: State Street

6.5
6.3
8.75
7.5
7.25
6.875
5
5.55
6.125
6
5.5
5.75
6.375
5.625
5.25
5.75
6.9
6.25
5.45
5.5
5.5
6
5.625
5.65
8.28
5.6
5.625
5.2
4.59
6.625
6
5.5
5.75
5.176909
5.688454
5.76037
6.862
6.135
6
5.3
6.25
4.902872
5.348134
5.471
7
7.125
6.3

9/1/2037
1/15/2038
3/1/2031
5/1/2017
5/1/2013
6/1/2017
12/1/2099
5/9/2035
5/15/2037
4/25/2037
3/1/2014
1/15/2015
3/1/2035
11/15/2017
6/1/2015
9/15/2016
12/15/2017
3/15/2087
5/18/2017
12/1/2099
1/15/2018
1/15/2037
1/15/2017
8/15/2012
12/31/2033
5/22/2017
3/8/2035
8/15/2015
8/15/2013
6/28/2017
2/25/2034
12/25/2019
1/25/2035
9/25/2035
4/10/2049
5/20/2047
10/13/2021
10/13/2016
10/15/2036
3/15/2017
12/1/2037
7/25/2034
2/25/2036
1/12/2045
8/1/2027
2/1/2016
5/1/2014

2

9,000,000.00
40,500,000.00
8,000,000.00
2,625,000.00
6,400,000.00
9,500,000.00
170,500,000.00
9,000,000.00
3,800,000.00
20,000,000.00
6,350,000.00
5,053,000.00
32,500,000.00
9,500,000.00
4,500,000.00
3,500,000.00
7,000,000.00
19,750,000.00
17,000,000.00
440,500,000.00
4,700,000.00
6,000,000.00
3,000,000.00
3,000,000.00
29,604,416.25
9,700,000.00
17,600,000.00
12,000,000.00
19,000,000.00
15,000,000.00
5,278,454.90
4,527,535.76
24,741,561.79
4,288,528.03
18,000,000.00
16,175,000.00
11,000,000.00
7,750,000.00
15,500,000.00
24,700,000.00
8,500,000.00
24,900,282.65
4,338,879.26
12,000,000.00
9,000,000.00
6,950,000.00
3,100,000.00

9,436,085
41,307,772
10,297,574
2,415,000
6,544,877
9,262,500
166,330,746
7,951,722
3,666,308
19,200,000
6,308,966
5,063,662
32,136,650
9,282,403
4,330,579
3,294,802
6,998,344
17,663,992
16,647,165
439,433,153
4,759,708
5,949,067
3,040,669
3,048,540
28,420,240
9,703,541
14,931,643
11,652,300
19,022,811
16,127,433
5,278,455
4,491,984
24,494,146
4,170,594
18,438,750
15,386,469
11,660,242
7,663,975
14,800,390
24,027,215
8,695,049
24,068,613
4,333,456
12,063,600
10,084,410
6,567,750
3,030,250

Security Name
BRAZIL FEDERATIVE REP
BRAZIL FERERATIVE REP
BRAZIL FEDERATIVE REP
BRAZIL FEDERATIVE REP
BRAZIL FEDERATIVE REP
BRAZIL FEDERATIVE REP
BRAZIL FEDERATIVE REP
BRAZIL FEDERATIVE REP
BRAZIL FEDERATIVE REP
CCSA FIN LTD
C8 CAP SPV LTD
CHS CMNTY HEALTH SYS INC
CRH AMER INC
C10 CAP SPV LTD
CVS CAREMARK CORP
CVS CAREMARK CORP
CWMBS INC
CANADIAN NATL RY CO
CARGILL INC
CARGILL INC
CARGILL INC
CASE NEW HOLLAND INC
CELULOSA ARAUCO Y CONSTITUCION
CELULOSA ARAUCO Y CONSTITUCION
CENTEX CORP
CHASE MTG FIN TR
CHASE MTG FIN TR
CHESAPEAKE ENERGY CORP
CISCO SYS INC
CITIGROUP INC
CITIGROUP INC
CITIGROUP MTG LN TR
CITIGROUP CAP
CITIGROUP MORTGAGE LOAN TR
CITIGROUP MTG LOAN TRUST INC
CITIGROUP COML MTG TR
CITIGROUP MTG LN TR
COCA COLA CO
COLOMBIA REP
COLOMBIA REP
COLOMBIA REP
COLUMBIA REP
COMCAST CABLE COMMUNICATIONS
COMCAST CORP NEW
COMCAST CORP NEW
COMCAST CORP NEW
COMCAST CORP NEW
COMPANHIA BRASILEIRA DE BEBIDA
COMPANHIA BRASILEIRA BEBIDAS
CONSOLIDATED NAT GAS CO
COOPER U S INC
CORPORACION NACIONAL DEL COBRE
CORPORACION NACIONAL DEL COBRE
COSAN FINANCE LTD
COSTA RICA REP
COSTA RICA REP
COX COMMUNICATIONS INC MTN

Source: State Street

Interest Rate
Maturity Date
Shares/Par Value
10.125
5/15/2027
15,000,000.00
11
8/17/2040
5,000,000.00
10
8/7/2011
17,000,000.00
8.25
1/20/2034
12,500,000.00
8.75
2/4/2025
42,800,000.00
7.875
3/7/2015
25,500,000.00
8
1/15/2018
37,000,000.00
7.125
1/20/2037
15,000,000.00
6
1/17/2017
8,500,000.00
7.875
5/17/2016
19,600,000.00
6.64
12/31/2049
6,000,000.00
8.875
7/15/2015
6,750,000.00
6
9/30/2016
14,600,000.00
6.722
12/31/2049
6,000,000.00
6.25
6/1/2027
20,300,000.00
6.302
6/1/2037
4,000,000.00
5.5
8/25/2033
20,216,344.72
6.9
7/15/2028
19,275,000.00
5.6
9/15/2012
2,000,000.00
6.625
9/15/2037
8,500,000.00
6
11/27/2017
9,800,000.00
7.125
3/1/2014
15,000,000.00
7.75
9/13/2011
2,932,000.00
5.625
4/20/2015
4,000,000.00
5.25
6/15/2015
7,400,000.00
6.25
10/25/2036
20,500,000.00
6
10/25/2036
12,000,000.00
6.375
6/15/2015
19,150,000.00
5.5
2/22/2016
22,000,000.00
5.875
5/29/2037
15,700,000.00
6.125
11/21/2017
8,000,000.00
4.903672
3/25/2035
14,792,949.37
8.3
12/21/2057
12,000,000.00
6.060166
8/25/2036
23,278,214.94
5.61183
4/25/2037
34,939,415.99
5.700263
12/10/2049
44,000,000.00
5.976388
3/25/2037
31,645,777.56
5.35
11/15/2017
10,000,000.00
8.125
5/21/2024
13,000,000.00
8.25
12/22/2014
12,000,000.00
7.375
1/27/2017
9,500,000.00
7.375
9/18/2037
12,300,000.00
8.875
5/1/2017
10,000,000.00
6.5
11/15/2035
14,000,000.00
5.9
3/15/2016
5,000,000.00
5.875
2/15/2018
5,000,000.00
6.95
8/15/2037
6,000,000.00
10.5
12/15/2011
10,974,000.00
8.75
9/15/2013
17,500,000.00
5
3/1/2014
4,300,000.00
6.1
7/1/2017
7,500,000.00
6.375
11/30/2012
10,800,000.00
4.75
10/15/2014
5,000,000.00
7
2/1/2017
13,800,000.00
8.11
2/1/2012
5,000,000.00
6.548
3/20/2014
2,000,000.00
6.95
1/15/2028
4,175,000.00

3

Base Market Value
21,637,500
6,680,000
19,932,500
15,812,500
54,249,000
28,789,500
41,403,000
16,950,000
8,636,000
19,894,000
5,685,840
6,876,563
14,371,755
5,522,160
20,158,325
3,844,718
20,112,146
20,684,006
2,032,780
8,460,535
9,777,617
14,962,500
3,157,404
3,908,993
6,266,401
20,090,000
11,550,000
18,527,625
22,384,052
14,589,037
8,217,552
14,792,949
12,673,356
23,532,948
34,852,067
45,170,400
31,368,877
10,204,875
15,502,500
13,680,000
10,426,250
13,683,750
11,964,867
14,248,851
5,024,378
4,996,653
6,450,201
12,771,541
19,906,250
4,184,516
7,867,532
11,559,866
4,809,738
12,937,500
5,437,500
2,055,000
4,307,719

Security Name
DBS BK LTD SINGAPORE
DPL INC
DR HORTON INC
D R HORTON INC
D R HORTON INC
D R HORTON INC
DAIMLERCHRYSLER NORTH AMER HLD
DANAHER CORP
DELHAIZE GROUP SA
DENBURY RES INC DEL
DEVELOPERS DIVERSIFIED RLTY CO
DIAMOND OFFSHORE DRILLING INC
DIRECTV HLDGS LLC
DISNEY WALT CO NEW MTN BOOK
DOMINION RES INC VA NEW
DUKE RLTY LTD PARTNERSHIP
ERAC USA FIN CO
ERAC USA FIN CO
ECHOSTAR DBS
ECHOSTAR DBS CORP
ECUADOR REP
EMBARQ CORP
EMPRESA NACIONAL DE ELECTRIC
ENCANA CORP
ENERSIS S A
ENERSIS SA
ENTERPRISE PRODS OPER L P
ENTERPRISE PRODUCTS OPER
ENTERPRISE PRODS OPER L P
ENTERPRISE PRODS OPER L P
ENTERPRISE PRODS OPER LLC
EQUITY RESIDENTIAL
FPL GROUP CAP INC
FPL GROUP CAP INC
FED HM LN PC POOL 1B3462
FED HM LN PC POOL 1G1708
FED HM LN PC POOL 1G1642
FED HM LN PC POOL 1G2614
FED HM LN PC POOL 1G1968
FED HM LN PC POOL B14157
FEDERAL HOME LN MTG CORP
FEDERAL HOME LN BKS
FEDERAL HOME LOAN BANK
FEDERAL HOME LN MTG (Preferred Stock)
FED HM LN PC POOL 783164
FEDERAL HOME LN MTG CORP
FREDDIE MAC
FEDERAL HOME LN MTG CORP
FEDERAL NATL MTG ASSN (Prefered Stock)
FEDERAL NATL MTG ASSN
FEDERAL NATL MTG ASSN
FEDERAL HOME LN MTG CORP
FNMA POOL 555813
FEDERAL NATL MTG ASSN
FEDERAL NATL MTG ASSN GTD REMI
FEDERAL NATL MTG ASSN GTD
FEDERAL HOME LN MTG CORP

Source: State Street

Interest Rate
5
6.875
8
7.875
6.125
5.625
6.5
5.625
6.5
7.5
5.5
4.875
6.375
6
6.3
6.5
6.7
6.375
6.375
7
10
7.082
8.35
6.625
7.4
7.375
6.875
4.95
8.375
8.375
6.3
5.125
6.35
7.3
6.127
6.163
5.59
6.246
5.952
4
6.5
4.85
4.875
5.786
5.625
4.5
5
5.125
6
5.5
4
4
3.75
3
4

Maturity Date
Shares/Par Value
11/15/2019
20,000,000.00
9/1/2011
3,800,000.00
2/1/2009
4,364,000.00
8/15/2011
2,450,000.00
1/15/2014
6,100,000.00
9/15/2014
5,100,000.00
11/15/2013
5,480,000.00
1/15/2018
17,500,000.00
6/15/2017
15,300,000.00
4/1/2013
12,700,000.00
5/1/2015
8,000,000.00
7/1/2015
10,000,000.00
6/15/2015
2,700,000.00
7/17/2017
8,500,000.00
9/30/2066
11,200,000.00
1/15/2018
5,000,000.00
6/1/2034
20,000,000.00
10/15/2017
4,800,000.00
10/1/2011
6,250,000.00
10/1/2013
5,000,000.00
8/15/2030
11,500,000.00
6/1/2016
16,000,000.00
8/1/2013
2,692,000.00
8/15/2037
4,800,000.00
12/1/2016
4,600,000.00
1/15/2014
7,500,000.00
3/1/2033
7,750,000.00
6/1/2010
3,000,000.00
8/1/2066
11,500,000.00
8/1/2066
9,250,000.00
9/15/2017
4,500,000.00
3/15/2016
16,500,000.00
10/1/2066
16,500,000.00
9/1/2067
3,500,000.00
7/1/2037
3,887,069.48
4/1/2037
16,797,637.98
4/1/2037
46,687,073.48
3/1/2037
18,564,360.29
6/1/2037
16,282,023.53
5/1/2019
4,220,806.84
7/15/2031
7,086,129.82
2/4/2011
105,900,000.00
11/27/2013
186,000,000.00
280,000.00
1/1/2037
111,566,461.03
3/15/2011
200,000,000.00
1/15/2014
8,422,000.00
12/14/2018
50,000,000.00
665,000.00
4/15/2011
212,000,000.00
8/22/2016
140,700,000.00
7/18/2016
15,000,000.00
10/1/2018
14,761,830.68
7/25/2032
3,419,697.63
7/25/2033
3,792,008.47
8/25/2032
24,298,388.08
10/15/2022
8,078,778.18

4

Base Market Value
18,860,960
4,049,407
4,233,080
2,376,500
5,338,988
4,283,587
5,728,260
17,460,904
15,652,313
12,827,000
7,901,187
9,541,591
2,592,000
8,984,770
10,856,459
5,042,879
17,818,740
4,637,342
6,175,000
5,050,000
11,126,250
16,486,096
3,049,848
5,019,496
4,984,923
8,029,260
7,901,252
3,004,861
11,774,172
9,470,529
4,603,330
15,288,018
15,363,145
3,576,286
3,956,259
17,112,594
46,745,432
18,935,648
16,449,110
4,065,267
7,292,362
109,056,000
192,939,176
7,322,000
112,347,426
211,426,480
8,607,167
50,261,600
17,123,750
221,025,688
142,007,638
16,130,766
14,297,035
3,313,322
3,517,578
22,341,785
7,858,787

Security Name
FEDERAL HOME LN MTG CORP
FEDERAL NATL MTG ASSN
FNMA POOL 730016
FNMA POOL 745443
FNMA POOL 791868
FNMA POOL 826797
FISERV INC
FLORIDA PWR + LT CO
FORD MTR CO DEL
FORD MTR CR CO
FORD MTR CR CO
FORD MTR CR CO
FORD MTR CR CO
FORD MTR CR CO
FORD MTR CR CO
FREEPORT MCMORAN COPPER + GOLD
FREEPORT MCMORAN COPPER + GOLD
FRESENIUS MED CARE CAP TR IV
GTL TRADE FIN INC
GMAC LLC
GMAC LLC
GS MTG SECS CORP
GS MTG SECS CORP
GS MTG SECS TR 2007 GG10
GSC HLDGS CORP / GAMESTOP INC
GAZ CAPITAL
GAZ CAP SA LUXEMBOURG
GAZ CAP SA LUXEMBOURG
GAZ CAP SA LUXEMBOURG
GAZ CAP SA LUXEMBOURG
GAZPROM INTL S A
GENETECH INC
GENERAL ELEC CO
GENERAL ELEC CAP CORP MTN
GENERAL ELEC CAP CORP MTN
GENERAL ELEC CAP CORP MTN
GENERAL ELEC CAP CORP MTN
GENERAL MTRS ACCEP CORP
GENERAL MTRS ACCEP CORP
GENERAL MTRS ACCEP CORP
GENERAL MTRS CORP
GENERAL MTRS CORP
GENERAL MTRS CORP
GOLDMAN SACHS GROUP INC 1
GOLDMAN SACHS GROUP INC
GOLDMAN SACHS GROUP INC
GOLDMAN SACHS CAPITAL II
GOLDMAN SACHS CAP I
GRUPO TELEVISA SA
HCA INC FORMERLY HCA HEALTHCAR
HSBC BK USA
HSBC FIN CAP TR IX
HARRAHS OPER INC
HARRAHS OPER INC
HARRAHS OPER INC
HASBRO INC
HERTZ CORP

Source: State Street

Interest Rate
4.5
4.875
4
5.525
5.012
4.195
6.125
5.65
7.45
7.375
7.875
7.25
5.7
8
7.8
8.25
8.375
7.875
7.25
6.625
6.625
4.4962
5
5.799235
8
8.625
6.212
6.51
7.288
7.288
7.201
4.75
5.25
6.15
5.625
6.375
6.75
5.85
6.875
5.625
6.375
7.2
8.375
5.95
5.625
6.75
5.793
6.345
6.625
9.125
5.875
5.911
5.375
5.5
5.625
6.3
8.875

Maturity Date
Shares/Par Value
8/15/2022
1,934,084.35
5/18/2012
130,000,000.00
7/1/2018
11,030,264.60
3/1/2036
61,212,142.40
8/1/2034
6,294,759.24
7/1/2035
29,419,156.61
11/20/2012
5,000,000.00
2/1/2037
4,800,000.00
7/16/2031
5,300,000.00
10/28/2009
4,000,000.00
6/15/2010
5,000,000.00
10/25/2011
1,000,000.00
1/15/2010
7,400,000.00
12/15/2016
3,800,000.00
6/1/2012
4,000,000.00
4/1/2015
2,500,000.00
4/1/2017
2,500,000.00
6/15/2011
3,000,000.00
10/20/2017
18,300,000.00
5/15/2012
14,633,000.00
5/15/2012
6,150,000.00
10/25/2033
23,415,156.80
9/25/2034
27,637,022.83
8/10/2045
17,000,000.00
10/1/2012
9,620,000.00
4/28/2034
1,600,000.00
11/22/2016
16,500,000.00
3/7/2022
16,250,000.00
8/16/2037
3,000,000.00
8/16/2037
8,500,000.00
2/1/2020
22,660,099.34
7/15/2015
22,000,000.00
12/6/2017
12,000,000.00
8/7/2037
4,500,000.00
9/15/2017
2,000,000.00
11/15/2067
5,000,000.00
3/15/2032
30,000,000.00
1/14/2009
6,000,000.00
9/15/2011
8,250,000.00
5/15/2009
3,500,000.00
5/1/2008
1,500,000.00
1/15/2011
3,000,000.00
7/15/2033
5,300,000.00
1/15/2027
5,000,000.00
1/15/2017
5,000,000.00
10/1/2037
8,500,000.00
12/29/2049
8,700,000.00
2/15/2034
15,750,000.00
3/18/2025
24,350,000.00
11/15/2014
6,950,000.00
11/1/2034
17,985,000.00
11/30/2035
15,400,000.00
12/15/2013
2,000,000.00
7/1/2010
14,450,000.00
6/1/2015
13,775,000.00
9/15/2017
8,400,000.00
1/1/2014
14,000,000.00

5

Base Market Value
1,914,372
134,917,588
10,682,962
61,900,779
6,343,229
28,877,844
5,047,820
4,625,915
3,935,250
3,764,984
4,613,335
866,159
6,667,237
3,227,762
3,506,648
2,650,000
2,681,250
3,105,000
18,573,658
12,164,662
5,112,600
22,803,483
26,669,727
17,567,800
10,016,825
1,977,600
15,830,100
15,448,875
3,027,900
8,579,050
22,971,676
21,344,762
11,996,916
4,780,931
2,046,723
5,162,410
33,838,870
5,738,016
7,057,826
3,287,472
1,492,500
2,760,000
4,266,500
4,519,092
4,859,361
8,273,520
7,745,828
14,067,670
24,755,476
7,228,000
16,327,804
14,188,383
1,520,000
13,438,500
10,055,750
8,594,754
14,192,500

Security Name
HOSPIRA INC
HOST HOTELS + RESORTS L P
HOST MARRIOTT L P
HUSKY ENERGY INC
HUTCHISON WHAMPOA INTL LTD
IDEARC INC
INTERNATIONAL BUSINESS MACHS
INTERNATIONAL BUSINESS MACHS
INTERNATIONAL FIN FAC
ITC HLDGS CORP
JP MPORGAN MTG TR
JPMORGAN CHASE + CO
JP MORGAN CHASE CAP XXV
JERSEY CENT PWR + LT CO
JP MORGAN CHASE BANK
JPMORGAN CHASE CAP XX
JPM CHASE CAPITAL XXII
KERR MCGEE CORP
L 3 COMMUNICATIONS CORP
L 3 COMMUNICATIONS CORP
LEHMAN BROS HLDGS INC
LEHMAN BROS HLDGS INC
LEHMAN BROS HLDGS INC
LEHMAN BROTHERS HLDGS INC
LEHMAN MTG TR
LOBLAW COMPANIES LTD
LOBLAWS COS LTD CPN RCPTS CDS
LOBLAWS COS LTD CPN RCPTS CDS
LORAL CORP
LUBRIZOL CORP
MGM MIRAGE
MGM MIRAGE
MGM MIRAGE FORMLY MGM GRAND
MASTR ADJ RATE MTGS TR
MASTR ALTERNATIVE LN TR
MCKESSON CORP NEW
MCKESSON CORP
MEDTRONIC INC
MERRILL LYNCH + CO INC
MERRILL LYNCH CO INC
METLIFE INC
MIDAMERICAN ENERGY HLDGS CO N
MILLER BREWING CO
NATIONAL GAS CO TRINIDAD + TOB
NEIMAN MARCUS GROUP INC
NEVADA PWR CO
NEVADA PWR CO
NEW YORK LIFE INS CO
NEWS AMER HLDGS INC
NEWS AMER INC
NEWS AMER INC
NEXTEL COMMUNICATIONS INC
NORFOLK SOUTHN CORP
ODEBRECHT FIN LTD
OHIO PWR CO
OHIO PWR CO
OPTI CDA INC

Source: State Street

Interest Rate
Maturity Date
Shares/Par Value
6.05
3/30/2017
15,923,000.00
6.875
11/1/2014
3,340,000.00
6.375
3/15/2015
3,550,000.00
6.8
9/15/2037
22,500,000.00
7.45
11/24/2033
25,620,000.00
8
11/15/2016
7,800,000.00
6.22
8/1/2027
34,800,000.00
5.7
9/14/2017
6,000,000.00
5
11/14/2011
20,250,000.00
5.875
9/30/2016
13,100,000.00
4.948085
11/25/2035
11,004,820.07
5.15
10/1/2015
9,150,000.00
6.8
10/1/2037
3,000,000.00
6.15
6/1/2037
16,000,000.00
6
10/1/2017
12,000,000.00
6.55
9/29/2036
17,150,000.00
6.45
1/15/2087
19,050,000.00
6.95
7/1/2024
4,500,000.00
6.125
1/15/2014
8,940,000.00
5.875
1/15/2015
20,950,000.00
6.75
12/28/2017
7,000,000.00
6.875
7/17/2037
4,800,000.00
5.75
1/3/2017
7,000,000.00
6
7/19/2012
17,700,000.00
6
7/25/2037
7,831,000.00
6.5
1/22/2029
14,000,000.00
0
5/23/2031
40,000,000.00
0
11/23/2033
25,000,000.00
7
9/15/2023
26,300,000.00
4.625
10/1/2009
7,000,000.00
6
10/1/2009
13,200,000.00
6.75
9/1/2012
6,875,000.00
6.75
4/1/2013
3,000,000.00
5.064933
7/25/2035
22,008,671.45
6
3/25/2036
12,358,000.00
5.25
3/1/2013
7,000,000.00
5.7
3/1/2017
3,700,000.00
4.75
9/15/2015
14,700,000.00
6.4
8/28/2017
8,400,000.00
6.11
1/29/2037
10,500,000.00
6.4
12/15/2036
11,350,000.00
6.125
4/1/2036
24,375,000.00
5.5
8/15/2013
24,700,000.00
6.05
1/15/2036
11,000,000.00
10.375
10/15/2015
11,300,000.00
6.5
5/15/2018
19,800,000.00
6.75
7/1/2037
4,500,000.00
5.875
5/15/2033
10,500,000.00
7.7
10/30/2025
13,530,000.00
6.4
12/15/2035
19,000,000.00
6.65
11/15/2037
7,000,000.00
5.95
3/15/2014
10,800,000.00
5.59
5/17/2025
16,161,000.00
7.5
10/18/2017
6,000,000.00
6.6
2/15/2033
24,745,000.00
4.85
1/15/2014
8,000,000.00
7.875
12/15/2014
6,750,000.00

6

Base Market Value
15,996,356
3,323,300
3,461,250
23,494,996
29,218,765
7,156,500
36,112,700
6,202,572
20,901,159
13,134,990
10,894,772
8,819,212
2,831,410
15,244,496
12,235,476
15,398,662
16,873,091
4,791,591
8,761,200
20,216,750
7,187,399
4,700,524
6,700,074
18,022,742
7,635,225
13,180,242
7,720,756
3,951,568
29,224,973
7,034,447
13,134,000
6,694,531
2,910,000
21,898,628
12,172,630
7,095,801
3,678,097
13,984,806
8,534,047
9,271,640
10,298,986
24,413,737
24,924,973
10,457,172
11,766,125
20,271,616
4,651,623
10,315,767
15,132,112
19,216,871
7,220,332
10,368,000
14,858,653
6,030,000
24,856,778
7,663,192
6,598,125

Security Name
OWENS BROCKWAY GLASS CONTAINER
PACIFICORP
PANAMA REP
PANAMA REP
PANAMA REP
PANAMERICAN BEVERAGES INC
PEMEX PROJECT FD MAST TRUST
PEMEX PROJ FDG MASTER TR
PEMEX PROJ FDG MASTER TR
JC PENNEY CORPORATION INC
PENNEY J C INC
PERU REP
PERU REP
REPUBLIC OF PERU
PETROBRAS INTL FIN CO
PETROBRAS INTL FIN CO
PETROBRAS INTL FIN CO
PETROBRAS INTL FIN CO
PETROPLUS FIN LTD
PHILIPPINE LONG DIST TEL CO ME
PHILIPPINES REP
PHILIPPINES REP
PHILIPPINES REP
PHILIPPINES REP
PHILIPPINES REP
PHILIPPINES REP
PHILLIPINES (REP)
REPUBLIC OF THE PHILIPPINES
PLAINS EXPL PRODTN CO
PREMCOR REFNG GROUP INC
PRINCIPAL FINL GROUP INC
PRINCIPAL LIFE INCOME FUNDINGS
PROCTER + GAMBLE CO
PROLOGIS
PRUDENTIAL FINL INC MED TERM
PRUDENTIAL FINL INC
PSYCHIATRIC SOLUTIONS INC
RBS CAP TR III
R H DONNELLEY CORP
R H DONNELLEY CORP
RAS LAFFAN LNG
RAS LAFFAN LIQUEFIED NAT GAS
RESIDENTIAL ASSET MTG PRODS
RESIDENTIAL ASSET SECURIZATION
RESIDENTIAL CAP CORP
RESIDENTIAL ASSET SECURITIZATI
ROGERS CABLE INC
ROYAL CARIBBEAN CRUISES LTD
RUSSIAN FEDN
RUSSIAN FEDN
SBC COMMUNICATIONS INC
SCHERING PLOUGH CORP
SIEMENS FINANCIERINGSMAATSCHAP
SIMON PPTY GROUP L P
SIMON PPTY GROUP L P
SOCIEDAD QUIMICA Y MINERA DE
SOUTHERN PWR CO

Source: State Street

Interest Rate
Maturity Date
Shares/Par Value
6.75
12/1/2014
8,000,000.00
6.25
10/15/2037
8,500,000.00
7.25
3/15/2015
14,000,000.00
7.125
1/29/2026
16,000,000.00
6.7
1/26/2036
8,000,000.00
7.25
7/1/2009
3,000,000.00
7.875
2/1/2009
2,000,000.00
9.375
12/2/2008
2,773,000.00
6.625
6/15/2035
5,000,000.00
6.375
10/15/2036
10,300,000.00
7.125
11/15/2023
12,800,000.00
8.375
5/3/2016
11,371,000.00
7.35
7/21/2025
16,000,000.00
6.55
3/14/2037
1,000,000.00
8.375
12/10/2018
1,000,000.00
7.75
9/15/2014
13,450,000.00
6.125
10/6/2016
3,000,000.00
5.875
3/1/2018
8,000,000.00
6.75
5/1/2014
8,500,000.00
8.35
3/6/2017
16,570,000.00
9.375
1/18/2017
6,100,000.00
8.25
1/15/2014
29,000,000.00
8.375
2/15/2011
15,750,000.00
8.875
3/17/2015
3,000,000.00
8
1/15/2016
9,300,000.00
7.75
1/14/2031
3,000,000.00
7.5
9/25/2024
3,850,000.00
6.375
1/15/2032
9,050,000.00
7.75
6/15/2015
7,750,000.00
6.75
5/1/2014
6,250,000.00
6.05
10/15/2036
7,000,000.00
5.1
4/15/2014
9,400,000.00
5.55
3/5/2037
5,000,000.00
5.625
11/15/2016
12,500,000.00
6
12/1/2017
9,000,000.00
6.625
12/1/2037
4,000,000.00
7.75
7/15/2015
5,200,000.00
5.512
9/29/2049
3,000,000.00
6.875
1/15/2013
11,600,000.00
8.875
10/15/2017
2,750,000.00
5.832
9/30/2016
7,000,000.00
6.332
9/30/2027
3,000,000.00
6
7/25/2032
3,419,052.92
6
6/25/2036
70,215,902.87
7.875
6/30/2010
7,000,000.00
6.25
12/25/2036
72,294,776.45
5.5
3/15/2014
12,000,000.00
7.5
10/15/2027
12,881,000.00
8.25
3/31/2010
3,889,017.81
7.5
3/31/2030
39,847,500.00
5.625
6/15/2016
11,000,000.00
6.55
9/15/2037
11,500,000.00
6.125
8/17/2026
12,500,000.00
4.875
8/15/2010
3,840,000.00
5.625
8/15/2014
8,850,000.00
6.125
4/15/2016
11,400,000.00
4.875
7/15/2015
16,155,000.00

7

Base Market Value
7,960,000
8,777,295
15,435,000
17,600,000
8,440,000
3,058,353
2,055,848
2,873,660
5,270,170
9,145,351
12,813,861
13,332,498
18,240,000
1,045,000
1,190,000
15,010,200
3,060,000
7,956,000
7,915,625
18,392,700
7,548,750
32,480,000
16,931,250
3,532,500
10,555,500
3,461,250
4,331,250
9,004,750
7,750,000
6,711,362
6,756,968
9,161,253
5,026,798
11,864,744
8,962,884
4,033,604
5,187,000
2,765,414
10,382,000
2,598,750
7,122,511
2,848,091
3,419,053
68,811,585
4,480,000
73,606,059
11,823,480
11,744,187
4,034,856
45,326,531
11,089,558
12,103,010
12,379,913
3,802,495
8,584,331
11,246,955
15,221,516

Security Name
SOUTHERN POWERCO
SPRINT CAP CORP
STRUCTURED ASSET SECS CORP
SUNCOR ENERGY INC
SUNGUARD DATA SYS INC
SUNGARD DATA SYSTEMS
TARGET CORP
TECO FIN INC
TECO FIN INC
TECO FIN INC
TELEFONICA EMISIONES S A U
TELEFONICA EMISIONES S AU
TELEFONOS DE MEXICO S A
TELOFONOS DE MEXICO SA
TEMASEK FINL LTD
TENGIZCHEVROIL FIN CO S AR L
TESCO PLC
TESCO PLC
TEVA PHARMACEUTICAL FIN CO LLC
THOMSON CORP
TIME WARNER ENTMT CO L P
TIME WARNER ENTMT CO L P
TRANSCAPITALINVEST LTD
TRANSOCEAN SEDCO FOREX INC
TRANSOCEAN INC
TRINIDAD + TOBAGO REP
TURKEY REP
TURKEY REP
TURKEY REP
TURKEY REP
TURKEY REP
TURKEY REP
TURKEY REP
TURKEY REP
TURKEY REP
US CONCRETE INC
UNITED MEXICAN STS MTN
UNITED STATES TRES BD STRP PRN
UNITED STATES TRES BD STRP PRN
UNITED STATES TRES BD STRP PRN
UNITED STATES TREAS BD STRIP
UNITED STATES TREAS BDS
UNITED STATES TREAS BDS
UNITED STATES TREAS BDS
UNITED STATES TREAS BDS
UNITED STATES TREAS BDS
UNITED STATES TREAS BDS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
US TREASURY NTS
UNITED STATES TREAS NTS
US TREASURY NTS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS

Source: State Street

Interest Rate
Maturity Date
Shares/Par Value
6.375
11/15/2036
4,500,000.00
6.9
5/1/2019
17,750,000.00
4.6664
7/25/2034
6,623,000.00
5.95
12/1/2034
15,000,000.00
9.125
8/15/2013
2,600,000.00
10.25
8/15/2015
14,300,000.00
5.375
5/1/2017
6,250,000.00
7
5/1/2012
6,495,000.00
6.75
5/1/2015
7,000,000.00
6.572
11/1/2017
4,505,000.00
7.045
6/20/2036
9,500,000.00
6.221
7/3/2017
12,600,000.00
4.5
11/19/2008
5,000,000.00
5.5
1/27/2015
25,700,000.00
4.5
9/21/2015
10,000,000.00
6.124
11/15/2014
16,475,000.00
5.5
11/15/2017
5,000,000.00
6.15
11/15/2037
12,000,000.00
6.15
2/1/2036
21,500,000.00
5.7
10/1/2014
8,950,000.00
8.375
3/15/2023
20,375,000.00
8.375
7/15/2033
7,500,000.00
5.67
3/5/2014
25,750,000.00
7.5
4/15/2031
17,600,000.00
6
3/15/2018
22,800,000.00
5.875
5/17/2027
9,500,000.00
9.875
3/19/2008
10,000,000.00
10.5
1/13/2008
20,000,000.00
7.25
3/15/2015
21,500,000.00
7.375
2/5/2025
9,750,000.00
7
6/5/2020
8,500,000.00
6.875
3/17/2036
12,000,000.00
7
9/26/2016
5,250,000.00
6.75
4/3/2018
5,500,000.00
11.75
6/15/2010
10,000,000.00
8.375
4/1/2014
6,901,000.00
5.625
1/15/2017
36,300,000.00
0
5/15/2018
448,000,000.00
0
11/15/2018
303,427,000.00
0
2/15/2019
297,886,000.00
0
11/15/2027
445,000,000.00
3.625
4/15/2028
118,675,856.28
3.875
4/15/2029
136,428,091.86
3.375
4/15/2032
36,021,520.09
2.375
1/15/2025
177,560,380.36
2
1/15/2026
115,405,046.32
2.375
1/15/2027
93,536,429.13
3.875
1/15/2009
111,287,503.68
4.25
1/15/2010
80,615,708.42
6.5
2/15/2010
14,790,000.00
3.5
1/15/2011
80,962,704.33
3.375
1/15/2012
44,881,407.00
3
7/15/2012
154,610,566.22
1.875
7/15/2013
144,637,943.04
2
1/15/2014
148,294,516.26
2
7/15/2014
135,828,409.62
0.875
4/15/2010
190,174,070.47

8

Base Market Value
4,391,195
17,702,463
6,470,137
14,525,890
2,645,500
14,621,750
6,067,600
6,495,000
7,000,000
4,505,000
10,660,415
13,091,299
4,975,500
25,236,783
9,729,920
15,527,688
4,996,240
11,723,268
21,265,456
8,963,689
24,153,578
9,034,408
24,672,697
19,218,971
22,969,523
9,367,950
10,100,000
20,025,000
23,005,000
10,237,500
8,818,750
11,790,000
5,551,875
5,644,375
11,562,500
6,038,375
36,790,050
286,218,240
188,646,634
182,321,126
178,498,400
150,679,174
180,760,400
46,221,374
186,688,760
115,094,607
99,053,208
114,629,467
86,047,595
15,817,166
87,086,723
48,980,875
167,536,010
149,152,093
153,271,280
140,337,913
189,595,941

Security Name
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
UNITED STATES TREAS NTS
US TREASURY NTS
UNITED STATES TREAS NTS
US TREASURY SECURITY
UNITED STATES TRES SC STRP INT
UNITED STATES TRES SC STRP INT
UNITED STATES TRES SC STRP INT
URBI DESARROLLOS URBANOS S A
VALE OVERSEAS LTD
VALE OVERSEAS LTD
VALE OVERSEAS LTD
VALERO ENERGY CORP
VESSEL MGMT SVCS INC
VIRGINIA ELEC + PWR CO
VIRGINIA ELEC + PWR CO
VODAFONE AIRTOUCH PLC
VODAFONE GROUP PLC NEW
VODAFONE GROUP
VOTO VOTORANTIM OVERSEAS
VOTO VOTORANTIM OVERSEAS TRAD
WAMU MTG PASS THROUGH CTFS
WAMU MTG PASS THRU CTFS
WACHOVIA BK NATL ASSN MEDIUM
WAMU MTG PASS THRU CTFS
WAMU MTG
WAMU MTG PASS THRU CTFS
WELLS FARGO + CO NEW
WELLS FARGO CAP X
WELLS FARGO BK NATL ASSN
WELLS FARGO MTG BKD SECS 2005
WELLS FARGO MTG BACKED SECS
WELLS FARGO MTG BKD SECS 2006
WELLS FARGO MTG BACKED SECS
WESTAR ENERGY INC
WESTAR ENERGY INC
WESTERN RES INC
WINDSTREAM CORP
WYETH
WYETH
WYETH

Interest Rate
Maturity Date
Shares/Par Value
1.625
1/15/2015
134,083,574.58
1.875
7/15/2015
116,320,724.72
2
1/15/2016
113,880,852.55
2.375
4/15/2011
117,421,551.49
4.875
4/30/2008
56,000,000.00
2.5
7/15/2016
113,014,010.44
2.375
1/15/2017
100,213,384.68
2
4/15/2012
92,955,757.02
2.625
7/15/2017
91,016,036.73
0
2/15/2019
100,000,000.00
0
5/15/2019
187,000,000.00
0
11/15/2021
265,000,000.00
8.5
4/19/2016
16,025,000.00
6.25
1/11/2016
18,500,000.00
6.875
11/21/2036
5,800,000.00
6.875
11/21/2036
13,450,000.00
6.625
6/15/2037
18,000,000.00
6.08
5/20/2024
11,464,500.00
5.95
9/15/2017
6,500,000.00
6.35
11/30/2037
3,000,000.00
7.875
2/15/2030
5,500,000.00
5.625
2/27/2017
14,000,000.00
6.15
2/27/2037
4,000,000.00
7.875
1/23/2014
9,000,000.00
7.75
6/24/2020
13,950,000.00
5.5
8/25/2035
27,801,690.72
5.71517
2/25/2037
43,968,790.65
6.6
1/15/2038
16,500,000.00
5.85835
3/25/2037
11,020,728.62
5.34716
1/25/2037
79,415,003.90
6.15
9/25/2036
54,574,656.43
5.625
12/11/2017
17,000,000.00
5.95
12/15/2036
9,000,000.00
5.75
5/16/2016
12,500,000.00
5.386571
8/25/2035
6,652,615.65
5.133999
5/25/2035
36,061,373.70
5.75
3/25/2036
8,636,919.94
5.5
4/25/2037
86,096,529.67
5.15
1/1/2017
7,900,000.00
5.1
7/15/2020
3,000,000.00
7.125
8/1/2009
6,000,000.00
8.625
8/1/2016
17,000,000.00
5.5
2/1/2014
4,622,000.00
6.45
2/1/2024
18,700,000.00
5.95
4/1/2037
10,500,000.00

Base Market Value
134,645,385
118,595,958
116,938,553
122,424,884
56,280,000
120,605,162
105,857,403
96,380,247
98,290,038
61,171,000
113,052,720
139,821,950
16,425,625
18,529,674
5,867,344
13,606,168
18,028,805
12,733,391
6,627,489
3,055,695
6,479,923
13,991,073
3,966,245
9,585,000
14,821,875
26,967,640
43,826,305
16,582,830
10,828,329
79,219,103
54,642,875
17,117,918
8,344,107
12,679,092
6,602,825
35,091,323
8,550,551
86,661,538
7,579,315
2,806,303
6,162,948
17,850,000
4,697,433
19,833,379
10,481,140

FIXED INCOME - EXTERNALLY MANAGED FUNDS
EATON VANCE HIGH YIELD FD
GOLDMAN SACHS HIGH YIELD
NCRAM HIGH YIELD TOTAL RETURN
STONE HARBOR HIGH YIELD FD
WGBI EX US INDEX FUND

1,525,783.62
304,105,176.81
323,817,649.87
1,366,465.00
13,501,147.04

TOTAL FIXED INCOME

Source: State Street

140,511,472
294,490,588
327,005,635
131,782,698
1,475,397,126
13,104,704,217

9

Security Name

Interest Rate

Maturity Date

Shares/Par Value

Base Market Value

ALTERNATIVE ASSETS
PRIVATE EQUITY
ACCEL VIII LP
AIG ASIAN INFRASTRUCTURE FNDII
AIG ASIAN INFRASTRUCTURE FUND
AIG GE CAPITAL LATIN AMERICA
AIG INDIAN SECTORAL EQUITY
AISLING CAPITAL 11
ALTA SUB DEB III
APOLLO INVESTMENT FUND VI LP
ARCH VENTURE FUND VI, LP
ARCH VENTURE FUND VII LP
ARES CORP OPPORTUNITY FUND II
ARSENAL CAP PTNERS
ARSENAL CAPITAL PARTNERS II LP
BAIN CAPITAL FUND IX LP
BAIN CAPITAL FUND VIII
BAIN CAPITAL IX COINVESTMENT F
BAIN CAPITAL VIII COINVETMENT
BLACKSTONE CAP PARTN IV LP
BLACKSTONE CAPITAL PARTNERS V
BLUERUN VENTURES LP
CADUCEUS PRIVATE INV III LP
CALERA CAPITAL
CANAAN EQUITY PARTNERS VII
CANAAN VII LP
CENTURY PARK CAPITAL PTNS II
CERBERUS SERIES FOUR HOLDINGS
CHARLESBANK EQUITY FUND VI
CLAREMONT CREEK VENTURES LP
CLEARSTONE VENTURE PARTNERS
DARWIN VENTURE CAPITAL FUNDS
DCM IV
DCM V
DE NOVO VENTURES II LP
DE NOVO VENTURES III
DOMAIN PARTNERS VI LP
DOMAIN PARTNERS VII
EOS CAPITAL PARTNERS III
EOS CAPITAL PARTNERSHIP IV
EQUITY DISTRIBUTION SECURITIES
FIRST RESERVE FUND XI LP
FORTRESS INVESTMENT FUND III
FORTRESS INVESTMENT FUND IV
FORTRESS INVESTMENT FUND V
FOX PAINE CAPITAL FUND III LP
GENSTAR CAPITAL PARTNERS IV
GENSTAR CAPITAL PARTNERS V
GLENCOE CAP INSTL PARTNERS III
GLENCOE CAPITAL PARTNERS III
GLOBESPAN CAPITAL PARTNERS IV
GLOBESPAN CAPITAL PARTNERS V
GOLDER THOMA CRESSEY RAUNER
GOLDER THOMA CRESSEY RAUNER V
GRAHAM PARTNERS II

Source: State Street

4,113,949
11,276,335
34,713
25,114,755
511,099
3,506,743
62,012
10,738,162
8,836,619
826,926
18,125,926
7,426,132
3,592,411
31,245,402
12,320,449
10,321,214
3,713,101
32,141,214
32,103,335
12,930,391
4,469,855
9,708,457
6,108,380
450,539
6,886,075
14,417,929
3,580,447
2,242,264
7,948,319
2,767,619
5,451,808
4,669,651
13,319,979
6,490,755
8,041,944
5,289,494
13,579,358
1,033,597
12,845,568
8,249,026
9,634,106
15,754,457
11,782,808
8,182,723
12,883,792
20,981,265
718,980
2,896,561
8,080,773
9,602,974
25,179
3,106,221
11,414,767

10

Security Name
GRANITE CLOBAL VENTURES III
GRANITE GLOBAL VENTURES II LP
GRANITE VENTURES II
HUMMER WINBLAD VENTURE PTR III
INSIGHT VENTURE PARTNERS V
INSIGHT VENTURE PARTNERS V
INSIGHT VENTURE PARTNERS VI LP
INSTITUTIONAL VENTURE PARTNS
INSTITUTIONAL VENTURE PTR VIII
INTERSOUTH PARTNERS V LP
INTERSOUTH PARTNERS VI
INTERSOUTH PARTNERS VII
INTERWEST PARTNERS IX
INTERWEST PARTNERS V LP
INTERWEST PARTNERS VI LP
INTERWEST PARTNERS VII LP
INTERWEST PARTNERS VIII
INVERNESS PARTNERS II LP
ITU VENTURES III
IVP VI
IVP VII
J C FLOWERS II LP
JLL PARTNERS FUND V, LP
KELSO INVESTMENT ASSOC VII
KELSO INVESTMENT ASSOCIATES
KODIAK VENTURES III
KPCB AGG INVESTMENT UCRP
KRG CAPITAL III LP
LAKE CAPITAL PARTNERS LP
LATIN AMERICAN CAPITAL II LP
LIGHTHOUSE CAPITAL PARTNERS V
LIGHTSPEED VENTURE PTNERS VII
LINDSAY GOLDBERG + BESSEMER II
LINDSAY GOLDBERG + BESSEMER LP
MADISON DEARBORN CAP PART IV
MADISON DEARBORN V
MAYFIELD VIII
NOVAK BIDDLE VENTURE PARTNERS
NOVAK BIDDLE VENTURE PTNR V
OLYMPUS GROWTH FUND IV LP
OXFORD BIOSCIENCE IV
OXFORD BIOSCIENCE PARTNERS III
PALOMAR VENTURES III
PERSEUS 2000 EXPANSION
PERSEUS PARTNERS VII LP
PERSEUS SOROS BIO PHARM LP
POLARIS VENTURE PARTNERS III
POLARIS VENTURE PARTNERS IV
POLARIS VENTURE PRTNRS V LP
QUAD C PARTNERS VII LP
REDPOINT VENTURE I LP
REDPOINT VENTURES II LP
RIPPLEWOOD PARTNERS II LP
SEQUOIA AGG INVESTMENT UCRP
SHAMROCK CAPITAL GROWTH FD II
SKM EQUITY FUND II
SPC PARTNERS III LP

Source: State Street

Interest Rate

Maturity Date

11

Shares/Par Value

Base Market Value
7,584,088
15,446,921
2,401,425
145,642
10,392,713
3,684,415
4,539,091
3,784,261
2,202,174
9,644,632
7,186,889
3,409,022
9,589,664
651,952
776,479
6,299,487
29,823,390
9,133,435
953,334
378,936
4,570,831
9,189,921
17,043,144
32,701,766
1,420,635
7,546,855
28,838,274
10,073,593
13,413,507
8,689,099
13,195,684
5,238,779
13,776,193
10,947,819
47,383,844
73,508,910
1,117,180
4,775,111
832,431
17,302,129
15,551,768
8,168,500
5,820,595
11,762,428
10,022,549
3,668,682
8,944,433
16,718,399
6,392,209
3,035,908
5,412,036
22,275,727
11,609,218
30,695,753
7,736,805
14,843,619
8,693,351

Security Name
SUN CAPITAL IV LP
SUN CAPITAL PARTNERS V
TECHNOLOGY PARTNERS WEST FD IV
TERRA FIRMA CAP PARTNER III
THE COLUMN GROUP LP
TRINITY VENTURES IX P
UPDATA PARTNERS III
UPDATA PARTNERS IV
VECTOR CAPITAL IV L.P
VENTURE STRATEGY PARTN II L P
VERSANT VENTURE CAPITAL II LP
VERSANT VENTURES I LP
VESTAR CAPITAL PARTNERS V LP
W CAPITAL PARTNERS II LP
WARBURG IX BUYOUT
WARBURG IX VENTURE
WARBURG PINCUS PRVT EQUITY X
WARBURG PINCUS VIII
WATER STREET CAPITAL PARTNERS
WCAS CAPITAL PARTNERS II
WCAS III
WCAS VI
WELLSPRING CAPITAL PARTNERS IV
WELSH CARSON ANDERSON + STOWE
WICKS COMM + MEDIA PRTNS III
WIND POINT PARTNERS VI
WLR RECOVERY FUND IV

Interest Rate

Maturity Date

Shares/Par Value

Base Market Value
4,490,157
3,610,782
274,519
15,514,972
417,478
3,692,116
12,611,545
1,157,307
843,184
6,165,183
25,685,100
13,032,880
11,481,310
5,943,171
28,736,542
43,104,812
18,021,570
58,871,498
9,261,127
3,135,817
35,284,200
2,379,744
3,484,426
7,532,552
7,094,050
7,979,634
11,261,668

REAL ESTATE
AMB INSTITUTIONAL ALLIANCE
BEACON CAP STRTGIC PARTN V
BEACON CAPITAL STRATEGIC
BLACKSTONE REAL EST PARTNER VI
BLACKSTONE REAL ESTATE PRTN V
BUCHANAN FUND V, LLC
CALIFORNIA SMART GROWTH FD IV
CIM FUND III LP
CIM URBAN REIT LLC
COLONY CAPITAL VIII LP
CORNERSTONE APMNT VENT III LLC
CORNERSTONE SEPARATE ACCOUNT
FORUM ASIAN REALTY INCOME II
HEITMAN AMERICA REAL ESTATE TR
KSL CAPITAL PARTNERS II
LBA REALTY FUND III
LEGACY PARTNERS REALTY FUND II
LIONSTONE URBAN INV TWO
MACFARLANE URBAN REAL ESTATE
MORGAN STANLEY RE FUND V
PRISA II PRUDENTIAL REAL EST.
PRUDENTIAL SNR HSING PTNRS III
REALTY ASSOCIATES FUND VII
REALTY ASSOCIATES FUND VIII
REDWOOD GROVE INTERNATIONAL LP
REEF GLOBAL OPPORTUNITIES FD
ROCKPOINT REAL ESTATE FUND III

Source: State Street

91,245,202
21,503,124
16,744,153
46,652,073
52,621,107
14,064,107
17,064,199
1,159,082
29,893,758
10,402,076
7,064,112
114,166,240
18,818,120
46,387,379
674,681
19,524,491
33,465,660
2,829,624
891,526
33,664,812
159,966,501
31,659,227
26,806,397
41,719,240
7,983,000
54,698,681
212,183

12

Security Name
RREEF AMERICA REIT III
SQUARE MILE PARTNERS II LP
URBANAMERICA, LP. II
WALTON STREET REAL ESTATE V
WESTBROOK REAL ESTATE FUND VII

Interest Rate

Maturity Date

Shares/Par Value

Base Market Value
39,182,176
19,365,036
7,025,894
67,711,010
4,363,637

ABSOLUTE RETURN
BERNSTEIN GLOBAL DIV HEDGE F
ANCHORAGE CAPITAL PARTNERS
TIGER ASIA OVERSEASFUND LTD
CVI SPECIALIZED VENTURES FD A
CANYON VALUE REALIZATION FD
CHILTON GLOBAL NATURAL RESOURC
DAVIDSON KEMPNER DIS OPP INTL
DAVIDSON KEMPNER INST PRTNR
FONTANA CAPITAL LLC
GEM REALITY SECURITIES LTD
GIOVONE INVESTMENT PARTNERS
H.I.G BRIGHTPOINT CAP PARTNERS
HIGHLINE SELECT LTD
HIGHLINE CAPITAL INTL
IVY RISING STARS OFFSHORE FD
MAVERICK FUND LTD
OCONNOR GLOBAL FUNDAMENTAL
VIKING GLOBAL EQUITIES III LTD
AVENUE SPECIAL SITUATIONS III
OZ ASIA MASTER FUND LTD.
OZ OVERSEAS FUND LTD
SATELLITE CREDIT OPPORTUNITIES
SATELLITE OVERSEAS LTD PRTNSHP
SILVER POINT CAP OFFSHORE FD
SIRIOS FUND
STERLING STAMOS CONCENTRATED
TIGER CONSUMER PARTNERS LP
TREE LINE ASIA FD LTD
YORK EUROPEAN OPPORTUNITIES

9,517,994
15,936,948
18,296,862
10,888,162
9,173,799
15,156,776
7,438,299
17,466,386
6,917,494
9,862,466
17,896,875
6,903,726
4,956,844
13,898,516
8,565,435
13,198,043
18,992,271
15,779,945
134,785
6,928,443
10,772,763
8,922,058
23,876,090
16,319,691
7,339,511
14,457,617
9,714,539
9,472,239
11,824,378

TOTAL ALTERNATIVE ASSETS

2,843,706,996

TOTAL SECURITIES

47,280,640,009

CASH & CASH EQUIVALENTS

290,672,932

ACCOUNTS RECEIVABLE & ACCRUED INCOME

279,754,504

ACCOUNTS PAYABLE

(1,183,778)

TOTAL NET ASSETS

Source: State Street

$

13

47,849,883,667

UCRP
Holdings as of December 31, 2008
EQUITY INVESTMENTS
EXTERNALLY MANAGED FUNDS
(SC = Small Cap MC = Mid Cap LC = Large Cap)
Security Name

Interest Rate

Maturity Date

Shares/Par Value

ACADIAN EMERGING MARKETS
ADAGE CAPITAL LC
ALLIANCE CAPITAL EMERGING MRKT
AQR NON-US
AXA ROSENBERG SC/MC
GLOBAL CURRENTS NON-US
BURGUNDY SC
CAUSEWAY NON-US
CGI EMERGING MARKETS GF
CORTINA OPPORTUNITY SC
DE SHAW ENHANCED LC
DELAWARE LC
DFA EMERGING MRKT
EAFE + CANADA STATE ST INTL INDEX
GENESIS EMERGING MKT
GMO NON-US
GMO EMERGING MARKETS
GOLDMAN SACHS ASSET MANAGEMENT LC
HANSBERGER NON-US
IRONBRIDGE SC
JP MORGAN NON-US
LAZARD EMERGING MKTS
LSV ASSET MANAGEMENT LC
MFS NON-US
MONDRIAN NON-US
MSCI ACWI FUND
NEW STAR NON-US
NWQ LC
PANAGORA NON-US
RENAISSANCE INSTITUTIONAL EQUITIES FUND LC
RUSSELL 3000 INDEX FUND
SANDERSON NON-US
T ROWE PRICE EMERGING MKTS
TEMPLETON INSTL EMERGING MRKT
TIMESSQUARE MC
VICTORY LC
WELLINGTON SC

Market Value
76,995,673
265,071,249
109,347,586
246,015,192
60,845,115
253,223,802
59,181,019
193,605,644
136,224,288
64,731,139
227,502,351
277,781,635
151,611,750
4,228,843,015
149,992,670
369,760,453
79,032,224
340,012,927
106,665,102
142,752,385
139,406,639
78,028,800
314,771,389
236,529,581
117,736,347
538,292,976
108,150,031
181,194,210
107,215,133
44,913,696
6,712,111,059
118,436,888
117,171,361
58,999,759
146,090,788
350,108,493
85,671,152

TOTAL EQUITY

16,994,023,521

FIXED INCOME
FIXED INCOME - SECURITIES
ALBERTSONS INC
ALLIED WASTE NORTH AMER INC
ALLSTATE CORP
ALLSTATE CORP
ALTERNATIVE LN TR
AMERICA MOVIL S A DE C V
AMERICA MOVIL S A DE C V
AMERICA MOVIL S A DE C V
AMERICA MOVIL S A DE C V
AMERICA MOVIL S A DE C V
AMERICAN HONDA FIN CORP
AMGEN INC
ARAMARK CORP
ARGENTINA(REP)
AT+T INC
Source: State Street

7.25
6.875
5.55
6.125
6
5.5
5.625
5.625
6.375
6.375
7.625
6.15
8.5
8.28
5.5
1

5/1/2013
6/1/2017
5/9/2035
5/15/2037
4/25/2037
3/1/2014
11/15/2017
11/15/2017
3/1/2035
3/1/2035
10/1/2018
6/1/2018
2/1/2015
12/31/2033
2/1/2018

6,090,000
9,065,000
9,000,000
3,450,000
20,000,000
4,350,000
3,000,000
6,500,000
11,000,000
21,500,000
5,000,000
6,500,000
3,900,000
4,703,041
9,000,000

5,146,050
8,430,450
7,498,365
2,173,500
18,000,000
4,002,000
2,667,087
5,744,375
9,432,500
18,436,250
5,631,687
6,880,129
3,529,500
1,516,731
9,031,087

Security Name
AT+T INC
AT+T INC
AT+T WIRELESS SVCS INC
ATLAS COPCO AB
BAC CAP TR VI
BAE SYS HLDGS INC
BANC AMER ALTERNATIVE LN TR
BANC AMER FDG CORP
BANC AMER MTG SECS INC
BANC AMER MTG SECS INC
BANC OF AMERICA FNDG CORP
BANCO MERCANTILE DEL NORTE SA
BANCO MERCANTILE DEL NORTE SA
BANCO MERCANTILE DEL NORTE SA
BANCO NACIONAL DE DESENVOLVIME
BANK AMER NA CHARLOTTE NC
BANK OF AMERICA
BANK OF AMERICA CORP
BANK OF AMERICA CORP
BAXTER INTL INC
BAXTER INTL INC
BEAR STEARNS ARM TR
BEAR STEARNS ARM TR
BEAR STEARNS COMMERCIAL MORT
BECTON DICKINSON + CO
BERKSHIRE HATHAWAY FIN CORP
BERKSHIRE HATHAWAY FIN CORP
BHP BILLITON FIN USA LTD
BMC SOFTWARE INC
BMC SOFTWARE INC
BMW VEH LEASE TR
BOLIVARIAN REPUBLIC VENEZUELA
BOMBARDIER INC
BOYD GAMING CORP
BRASKEM FIN LTD
BRASKEM FIN LTD
BRAZIL FEDERATIVE REP
BRAZIL FEDERATIVE REP
BRAZIL FEDERATIVE REP
BRAZIL FEDERATIVE REP
BRAZIL FEDERATIVE REP
BRAZIL FEDERATIVE REP
BRAZIL FEDERATIVE REP
BRAZIL FEDERATIVE REP
BRAZIL FEDERATIVE REP
BRAZIL FEDERATIVE REP
BRAZIL FERERATIVE REP
BW GROUP LTD
C10 CAP SPV LTD
C8 CAP SPV LTD
CAMERON INTL CORP
CANADIAN NATL RY CO
CARGILL INC
CARGILL INC
CASE NEW HOLLAND INC
CCSA FIN LTD
CCSA FIN LTD
CENTEX CORP
CENTEX CORP
CENTEX CORP
CHASE MTG FIN TR
CHASE MTG FIN TR
CHESAPEAKE ENERGY CORP
CHESAPEAKE ENERGY CORP
CHS CMNTY HEALTH SYS INC
CISCO SYS INC
CITIGROUP CAP
CITIGROUP INC
CITIGROUP MTG LN TR
CITIGROUP MTG LN TR
CITIGROUP MTG LN TR
Source: State Street

Interest Rate
6.5
6.3
8.75
5.6
5.625
5.2
5.5
6
5.75
5.172667
5.757736
6.135
6.862
6.862
6.369
6
5.3
8
8
5.375
6.25
4.899173
5.346249
5.471
7
5
5.4
5.4
7.25
7.25
4.59
9
6.3
7.125
7.25
7.25
10
7.875
6
8
8
8.75
8.75
10.125
8.25
7.125
11
6.625
6.722
6.64
6.375
6.9
6
6.625
7.125
7.875
7.875
4.55
5.25
5.25
6.25
6
6.375
6.375
8.875
5.5
8.3
5.5
5.707511
6.05948
5.967377
2

Maturity Date
Shares/Par Value
9/1/2037
9,000,000
1/15/2038
19,000,000
3/1/2031
7,550,000
5/22/2017
9,275,000
3/8/2035
17,600,000
8/15/2015
11,500,000
12/25/2019
3,924,467
2/25/2034
4,908,558
1/25/2035
22,903,735
9/25/2035
3,971,922
5/20/2036
16,175,000
10/13/2016
7,750,000
10/13/2021
6,000,000
10/13/2021
5,000,000
6/16/2018
13,000,000
10/15/2036
6,762,000
3/15/2017
25,050,000
12/29/2049
6,500,000
12/29/2049
17,350,000
6/1/2018
8,500,000
12/1/2037
8,100,000
7/25/2034
23,146,223
2/25/2036
3,971,557
1/12/2045
3,000,000
8/1/2027
8,575,000
8/15/2013
4,000,000
5/15/2018
8,000,000
3/29/2017
3,000,000
6/1/2018
5,000,000
6/1/2018
4,000,000
8/15/2013
19,000,000
5/7/2023
15,500,000
5/1/2014
7,775,000
2/1/2016
6,700,000
6/5/2018
3,000,000
6/5/2018
1,400,000
8/7/2011
15,000,000
3/7/2015
24,200,000
1/17/2017
8,500,000
1/15/2018
26,500,000
1/15/2018
2,000,000
2/4/2025
34,300,000
2/4/2025
2,500,000
5/15/2027
15,000,000
1/20/2034
10,500,000
1/20/2037
15,000,000
8/17/2040
5,000,000
6/28/2017
15,000,000
12/31/2049
6,000,000
12/31/2049
2,000,000
7/15/2018
4,500,000
7/15/2028
18,375,000
11/27/2017
14,800,000
9/15/2037
8,500,000
3/1/2014
4,600,000
5/17/2016
8,000,000
5/17/2016
8,600,000
11/1/2010
2,500,000
6/15/2015
2,425,000
6/15/2015
7,400,000
10/25/2036
20,500,000
10/25/2036
12,000,000
6/15/2015
11,855,000
6/15/2015
6,750,000
7/15/2015
6,450,000
2/22/2016
11,050,000
12/21/2057
12,000,000
4/11/2013
7,100,000
4/25/2035
9,606,636
8/25/2036
20,211,135
3/25/2037
27,728,987

Market Value
9,693,632
19,949,946
9,336,535
9,381,198
14,028,866
10,646,216
4,002,956
4,982,186
23,361,810
4,051,360
16,660,250
4,964,573
3,600,000
3,000,000
12,350,000
6,865,647
23,690,668
4,675,372
12,318,500
8,768,550
9,249,298
23,840,610
4,070,846
2,141,042
7,976,794
4,068,964
8,223,624
2,676,732
4,223,975
3,379,180
18,375,898
6,200,000
6,394,938
3,953,000
2,130,000
994,000
17,250,000
27,467,000
8,776,250
29,587,250
2,233,000
41,846,000
3,050,000
20,700,000
12,836,250
17,025,000
6,525,000
13,963,578
2,854,980
1,014,000
4,173,458
20,180,441
13,645,448
7,639,217
3,266,000
7,200,000
7,740,000
2,050,000
1,503,500
4,440,000
20,500,000
12,000,000
9,365,450
5,332,500
5,934,000
11,682,920
8,820,000
6,873,150
9,414,504
21,019,581
28,560,856

Security Name
CITIGROUP MTG LN TR
CME GROUP INC
COLOMBIA REP
COLOMBIA REP
COLOMBIA REP
COLUMBIA REP
COMCAST CABLE COMMUNICATIONS
COMCAST CORP
COMCAST CORP
COMCAST CORP
COMPANHIA BRASILEIRA DE BEBIDA
COMPANHIA DE BEBIDAS DAS
COMPANHIA DE BEBIDAS DAS
CONSOLIDATED NAT GAS CO
CONSTELLATION BRANDS INC
COOPER U S INC
CORPORACION NACIONAL DEL COBRE
COSTA RICA REP
COSTA RICA REP
COX COMMUNICATIONS INC NEW
CRH AMER INC
CRH AMER INC
CVS CAREMARK CORP
CVS CAREMARK CORP
CWMBS INC
D R HORTON INC
D R HORTON INC
D R HORTON INC
DAIMLER CHRYSLER NORTL HLDG CO
DANAHER CORP
DBS BK LTD SINGAPORE
DELHAIZE GROUP SA
DENBURY RES INC DEL
DEVELOPERS DIVERSIFIED RLTY CO
DIAGEO CAP PLC
DIAMOND OFFSHORE DRILLING INC
DIRECTV HLDGS LLC
DISNEY WALT CO NEW MTN BOOK
DOMINION RES INC
DOMINION RES INC
DOMINION RES INC
DPL INC
DR HORTON INC
DU PONT E I DE NEMOURS + CO
E ON INTL FIN B V
E ON UNTL FIN B V
ECHOSTAR DBS
ECHOSTAR DBS CORP
ECHOSTAR DBS CORP
EL SALVADOR REP
EMBARQ CORP
EMBARQ CORP
ENBRIDGE ENERGY PARTNERS L P
ENERGY TRANSFER PARTNERS L P
ENTERPRISE PRODS OPER L P
ENTERPRISE PRODS OPER L P
ENTERPRISE PRODS OPER L P
ENTERPRISE PRODS OPER L P
ENTERPRISE PRODS OPER LLC
EQUITY RESIDENTIAL
ERAC USA FIN CO
ERAC USA FIN CO
EVRAZ GROUP S A
FANNIE MAE
FANNIE MAE
FANNIE MAE
FANNIE MAE
FANNIE MAE
FANNIE MAE
FANNIE MAE
FANNIE MAE
Source: State Street

Interest Rate
5.607182
5.4
8.25
7.375
8.125
7.375
8.875
5.875
6.5
6.4
10.5
8.75
8.75
5
7.25
6.1
6.375
8.11
6.548
6.25
6
8.125
6.25
6.302
5.5
7.875
6.125
5.625
7.2
5.625
5
6.5
7.5
5.5
7.375
4.875
6.375
6
7
8.875
6.3
6.875
8
6
5.8
6.65
6.375
7
7.75
8.25
7.082
7.082
9.875
9.7
8.375
8.375
7.034
7.034
6.3
5.125
6.375
6.7
8.875
5.125
6.25
5.125
5.25
4.75
4
3
3.75
3

Maturity Date
Shares/Par Value
4/25/2037
31,107,633
8/1/2013
6,000,000
12/22/2014
12,000,000
1/27/2017
12,000,000
5/21/2024
8,000,000
9/18/2037
9,700,000
5/1/2017
10,000,000
2/15/2018
5,000,000
11/15/2035
14,700,000
5/15/2038
6,200,000
12/15/2011
10,974,000
9/15/2013
2,000,000
9/15/2013
6,750,000
3/1/2014
3,650,000
9/1/2016
5,000,000
7/1/2017
7,150,000
11/30/2012
1,750,000
2/1/2012
5,000,000
3/20/2014
2,000,000
6/1/2018
12,000,000
9/30/2016
13,950,000
7/15/2018
4,500,000
6/1/2027
15,300,000
6/1/2037
3,000,000
8/25/2033
19,070,425
8/15/2011
2,450,000
1/15/2014
3,600,000
9/15/2014
2,425,000
9/1/2009
1,500,000
1/15/2018
16,675,000
11/15/2019
20,000,000
6/15/2017
14,600,000
4/1/2013
10,475,000
5/1/2015
12,925,000
1/15/2014
6,750,000
7/1/2015
10,100,000
6/15/2015
2,575,000
7/17/2017
8,075,000
6/15/2038
12,900,000
1/15/2019
3,000,000
9/30/2066
9,650,000
9/1/2011
3,800,000
2/1/2009
4,364,000
7/15/2018
16,700,000
4/30/2018
7,000,000
4/30/2038
10,000,000
10/1/2011
5,750,000
10/1/2013
5,000,000
5/31/2015
5,000,000
4/10/2032
1,800,000
6/1/2016
4,115,000
6/1/2016
15,350,000
3/1/2019
4,000,000
3/15/2019
4,000,000
8/1/2066
6,475,000
8/1/2066
6,000,000
1/15/2068
4,500,000
1/15/2068
3,250,000
9/15/2017
3,800,000
3/15/2016
6,850,000
10/15/2017
4,800,000
6/1/2034
20,000,000
4/24/2013
1,750,000
7/13/2009
6,000,000
2/1/2011
50,000,000
4/15/2011
50,900,000
8/1/2012
144,600,000
1/2/2013
85,000,000
7/25/2032
2,882,827
8/25/2032
21,036,772
7/25/2033
3,368,852

Market Value
31,418,709
5,960,880
12,930,000
12,480,000
8,560,000
9,506,000
10,774,409
4,704,950
14,539,293
6,089,488
12,043,965
2,100,000
7,087,499
3,351,633
4,725,000
7,079,845
1,780,625
5,030,544
1,882,937
10,448,211
8,858,250
3,262,500
14,291,134
1,200,000
19,451,834
1,911,000
2,340,000
1,673,250
1,455,350
17,011,140
18,060,700
13,065,175
7,961,000
3,867,064
7,171,671
9,367,121
2,375,438
8,572,738
12,304,021
3,231,281
4,149,500
3,715,200
4,334,363
17,312,270
6,636,772
9,581,330
5,347,500
4,337,500
4,250,000
1,170,000
3,086,250
11,512,500
4,080,000
4,140,000
3,561,250
3,000,000
2,115,000
1,527,500
3,292,250
4,876,024
3,133,138
9,109,958
892,500
6,146,316
53,210,075
54,995,297
151,508,063
85,000,000
2,893,440
20,591,187
3,272,345

Security Name
FANNIE MAE (Preferred Stock)
FANNIE MAE
FANNIE MAE
FANNIE MAE
FANNIE MAE
FEDERAL HOME LOAN
FEDERAL HOME LOAN
FEDERAL HOME LOAN
FEDERAL HOME LOAN
FEDERAL HOME LOAN
FEDERAL HOME LOAN
FEDERAL HOME LOAN
FEDERAL HOME LOAN (Preferred Stock)
FEDERAL HOME LOAN
FEDERAL HOME LOAN
FEDERAL HOME LOAN
FEDERAL HOME LOAN
FIFTH THIRD BANCORP
FIFTH THIRD BANCORP
FIFTH THIRD BANCORP
FISERV INC
FLORIDA PWR + LT CO
FORD MTR CR CO
FORD MTR CR CO
FPL GROUP CAP INC
FPL GROUP CAP INC
FREEPORT MCMORAN COPPER + GOLD
FREEPORT MCMORAN COPPER + GOLD
FRESENIUS MED CARE CAP TR IV
GAZ CAP SA LUXEMBOURG
GAZ CAP SA LUXEMBOURG
GAZ CAP SA LUXEMBOURG
GAZPROM INTL S A
GAZPROM INTL S A
GENERAL ELEC CAP CORP
GENERAL ELEC CAP CORP
GENERAL ELEC CAP CORP
GENERAL ELEC CAP CORP
GENERAL ELEC CAP CORP
GENETECH INC
GOLDMAN SACHS CAP I
GOLDMAN SACHS CAPITAL II
GOLDMAN SACHS GROUP
GOLDMAN SACHS GROUP
GOLDMAN SACHS GROUP INC
GRUPO TELEVISA SA
GRUPO TELEVISA SA
GRUPO TELEVISA SA
GS MTG SECS CORP
GS MTG SECS CORP
GSC HLDGS CORP / GAMESTOP INC
GTL TRADE FIN INC
HARRAHS OPER INC
HARRAHS OPER INC
HCA INC FORMERLY HCA HEALTHCAR
HERTZ CORP
HEWLETT PACKARD CO
HEWLETT PACKARD CO
HOSPIRA INC
HOST HOTELS + RESORTS L P
HOST MARRIOTT L P
HSBC BK USA
HSBC FIN CAP TR IX
HSBC HLDGS PLC
HUSKY ENERGY INC
HUTCHISON WHAMPOA INTL LTD
HUTCHISON WHAMPOA INTL LTD
INDONESIA REP
INDONESIA REP
INTERNATIONAL BUSINESS MACHS
INTERNATIONAL BUSINESS MACHS
Source: State Street

Interest Rate

4

Maturity Date

5.052
4.166
5
6
6.009
5.59
6.149
5.942
5.676
6.23
5.773

8/1/2034
7/1/2035
6/1/2038
12/1/2099
7/1/2037
4/1/2037
4/1/2037
6/1/2037
10/1/2036
3/1/2037
1/1/2037

5
4.5
4
6.5
8.25
4.75
4.75
6.125
5.65
7.375
5.7
6.35
7.3
8.25
8.375
7.875
6.212
7.288
7.288
7.201
7.201
5.625
5.25
6.75
5.875
6.375
4.75
6.345
5.793
5.3
5.95
6.15
6
6.625
6.625
4.4918
5
8
7.25
5.5
5.5
9.125
8.875
6.125
5.5
6.05
6.875
6.375
5.875
5.911
6.8
6.8
7.45
7.45
6.75
6.875
6.22
8

12/14/2018
8/15/2022
10/15/2022
7/15/2031
3/1/2038
2/1/2015
2/1/2015
11/20/2012
2/1/2037
10/28/2009
1/15/2010
10/1/2066
9/1/2067
4/1/2015
4/1/2017
6/15/2011
11/22/2016
8/16/2037
8/16/2037
2/1/2020
2/1/2020
9/15/2017
12/6/2017
3/15/2032
1/14/2038
11/15/2067
7/15/2015
2/15/2034
12/29/2049
2/14/2012
1/18/2018
4/1/2018
5/15/2018
3/18/2025
3/18/2025
10/25/2033
9/25/2034
10/1/2012
10/20/2017
7/1/2010
7/1/2010
11/15/2014
1/1/2014
3/1/2014
3/1/2018
3/30/2017
11/1/2014
3/15/2015
11/1/2034
11/30/2035
6/1/2038
9/15/2037
11/24/2033
11/24/2033
3/10/2014
1/17/2018
8/1/2027
10/15/2038

Shares/Par Value
915,000
5,342,322
27,164,311
20,566,315
521,000,000
3,050,583
41,594,709
15,065,067
15,700,060
15,360,461
15,750,849
86,199,522
288,000
27,750,000
1,590,545
6,709,096
6,113,925
16,100,000
2,150,000
3,500,000
5,000,000
3,900,000
4,000,000
3,000,000
16,500,000
3,500,000
2,500,000
2,280,000
2,865,000
3,200,000
3,000,000
8,500,000
6,440,066
13,685,140
1,200,000
12,000,000
18,500,000
17,300,000
5,000,000
17,300,000
8,000,000
7,250,000
5,000,000
5,000,000
4,000,000
8,000,000
17,000,000
7,025,000
21,185,459
25,552,030
9,170,000
2,500,000
2,000,000
4,250,000
7,140,000
13,375,000
10,000,000
9,000,000
15,273,000
3,340,000
3,250,000
7,335,000
15,400,000
10,000,000
21,600,000
6,930,000
16,740,000
2,500,000
18,600,000
23,400,000
15,000,000

Market Value
759,450
5,436,459
27,213,614
21,052,349
536,304,375
3,121,595
42,394,747
15,448,706
16,038,288
15,632,139
16,211,104
87,932,249
112,320
28,763,291
1,617,840
6,671,531
6,414,623
13,202,000
1,768,676
2,849,976
4,415,389
4,106,011
3,512,884
2,549,490
7,920,000
1,855,000
2,125,000
1,858,200
2,721,750
2,112,000
1,770,000
5,015,000
4,701,248
9,990,152
1,197,800
11,872,820
19,654,584
16,689,705
3,125,000
17,155,415
5,480,000
2,573,750
4,755,395
4,652,065
3,796,695
6,640,000
14,637,901
6,006,375
21,185,459
25,679,790
8,528,100
2,097,150
1,240,000
2,698,750
6,622,350
8,225,625
10,688,982
9,293,211
13,926,460
2,571,800
2,421,250
7,041,466
7,700,000
10,544,830
17,313,704
6,189,322
15,396,447
2,225,000
15,438,000
25,526,370
19,668,569

Security Name
INTERNATIONAL BUSINESS MACHS
INTERNATIONAL FIN FAC
ITC HLDGS CORP
ITC HLDGS CORP
JP MORGAN CHASE CAP XXV
JP MPORGAN MTG TR
JPM CHASE CAPITAL XXII
JPMORGAN CHASE + CO
JPMORGAN CHASE + CO
JPMORGAN CHASE CAP XX
KERR MCGEE CORP
KROGER CO
L 3 COMMUNICATIONS CORP
L 3 COMMUNICATIONS CORP
L 3 COMMUNICATIONS CORP
L 3 COMMUNICATIONS CORP
LEHMAN BROS HLDGS INC
LEHMAN MTG TR
LOBLAWS COS LTD CPN RCPTS CDS
LORAL CORP
LUBRIZOL CORP
MASTR ADJ RATE MTGS TR
MASTR ALTERNATIVE LN TR
MCKESSON CORP
MCKESSON CORP NEW
MERRILL LYNCH + CO INC
MERRILL LYNCH + CO INC
MERRILL LYNCH MTG INVS TR
METLIFE INC
METLIFE INC
MGM MIRAGE
MGM MIRAGE
MGM MIRAGE
MIDAMERICAN ENERGY HLDGS CO N
MILLER BREWING CO
MOOG INC
MORGAN STANLEY GROUP INC
MORGAN STANLEY GROUP INC
MORGAN STANLEY GROUP INC
NATIONAL GAS CO TRINIDAD + TOB
NATIONAL GAS CO TRINIDAD + TOB
NEIMAN MARCUS GROUP INC
NEIMAN MARCUS GROUP INC
NEVADA PWR CO
NEVADA PWR CO
NEVADA PWR CO
NEW YORK LIFE INS CO
NEWS AMER HLDGS INC
NEWS AMER INC
NEXTEL COMMUNICATIONS INC
NORFOLK SOUTHN CORP
NORFOLK SOUTHN CORP
NORTHERN TRUST CO BANK MTN
ODEBRECHT FIN LTD
ODEBRECHT FIN LTD
OHIO PWR CO
OHIO PWR CO
OPTI CDA INC
OWENS BROCKWAY GLASS CONTAINER
PACIFICORP
PANAMA REP
PANAMA REP
PANAMA REP
PANAMA REP
PARKER HANNIFIN CORP MEDIUM
PEMEX PROJ FDG MASTER TR
PEMEX PROJ FDG MASTER TR
PEMEX PROJ FDG MASTER TR
PEMEX PROJ FDG MASTER TR
PEMEX PROJ FDG MASTER TR
PENNEY J C INC
Source: State Street

Interest Rate
7.625
5
5.875
6.05
6.8
4.946402
6.45
5.15
7.9
6.55
6.95
7.5
6.125
6.125
5.875
5.875
5.625
6
0
7
5.5
4.489314
6
5.7
5.25
6.15
6.875
5.789129
6.817
6.4
6
6
6.75
6.125
5.5
7.25
5.3
6.25
6.625
6.05
6.05
10.375
10.375
6.5
6.5
6.75
5.875
7.7
6.4
5.95
5.75
5.59
6.5
7.5
7.5
5.75
6.6
7.875
6.75
6.25
7.25
7.25
7.125
6.7
5.5
7.875
5.75
5.75
6.625
6.625
7.125
5

Maturity Date
Shares/Par Value
10/15/2018
1,500,000
11/14/2011
20,250,000
9/30/2016
12,525,000
1/31/2018
5,000,000
10/1/2037
2,350,000
11/25/2035
8,876,983
2/2/2037
6,250,000
10/1/2015
9,150,000
4/29/2049
12,700,000
9/29/2036
17,150,000
7/1/2024
4,300,000
1/15/2014
3,800,000
1/15/2014
5,000,000
1/15/2014
3,940,000
1/15/2015
9,275,000
1/15/2015
11,000,000
1/24/2013
7,600,000
7/25/2037
7,831,000
5/23/2031
40,000,000
9/15/2023
21,100,000
10/1/2014
1,000,000
7/25/2035
18,372,693
3/25/2036
12,358,000
3/1/2017
4,700,000
3/1/2013
5,550,000
4/25/2013
6,000,000
4/25/2018
15,000,000
5/25/2036
16,937,220
8/15/2018
4,000,000
12/15/2036
7,500,000
10/1/2009
2,750,000
10/1/2009
11,200,000
9/1/2012
6,575,000
4/1/2036
12,875,000
8/15/2013
5,700,000
6/15/2018
5,300,000
3/1/2013
4,000,000
8/28/2017
5,000,000
4/1/2018
13,000,000
1/15/2036
5,000,000
1/15/2036
6,000,000
10/15/2015
9,165,000
10/15/2015
1,700,000
5/15/2018
13,700,000
8/1/2018
5,000,000
7/1/2037
4,500,000
5/15/2033
10,075,000
10/30/2025
13,530,000
12/15/2035
17,500,000
3/15/2014
4,200,000
4/1/2018
4,000,000
5/17/2025
15,511,000
8/15/2018
7,000,000
10/18/2017
1,000,000
10/18/2017
7,200,000
9/1/2013
2,000,000
2/15/2033
23,645,000
12/15/2014
6,450,000
12/1/2014
7,635,000
10/15/2037
8,500,000
3/15/2015
10,000,000
3/15/2015
3,000,000
1/29/2026
16,000,000
1/26/2036
8,000,000
5/15/2018
8,500,000
2/1/2009
2,000,000
3/1/2018
2,000,000
3/1/2018
5,000,000
6/15/2035
4,000,000
6/15/2038
5,000,000
11/15/2023
4,150,000

Market Value
1,769,735
21,412,937
11,870,243
4,764,727
2,002,565
9,054,523
4,922,240
8,722,342
12,577,747
13,623,701
3,606,443
4,051,261
4,537,500
3,575,550
8,347,500
9,900,000
988,000
7,439,450
4,076,468
19,908,288
905,142
16,994,741
11,987,260
4,393,377
5,144,661
5,963,100
15,598,455
17,614,708
3,800,000
4,350,000
2,626,250
10,883,660
4,602,500
11,972,283
5,304,135
4,240,000
3,640,000
4,350,000
11,635,000
3,579,210
4,361,350
3,940,950
731,000
13,007,818
4,743,557
4,015,618
8,824,833
13,866,987
16,462,219
1,764,000
3,943,139
13,903,355
7,516,746
800,000
5,760,000
1,927,677
22,064,141
3,289,500
7,024,200
8,864,604
10,200,000
3,052,500
15,080,000
7,200,000
8,051,925
2,001,906
1,765,000
4,403,850
3,386,000
4,076,876
2,946,500

Security Name
PERU REP
PERU REP
PETROBRAS INTL FIN CO
PETROBRAS INTL FIN CO
PETROBRAS INTL FIN CO
PETROPLUS FIN LTD
PHILIPPINE LONG DIST TEL CO ME
PHILIPPINE LONG DIST TEL CO ME
PHILIPPINES REP
PHILIPPINES REP
PHILIPPINES REP
PHILIPPINES REP
PHILIPPINES REP
PHILIPPINES REP
PHILIPPINES REP
PLAINS EXPL + PRODTN CO
PLAINS EXPL + PRODTN CO
PPG INDS INC
PREMCOR REFNG GROUP INC
PRINCIPAL FINL GROUP INC
PROLOGIS
PRUDENTIAL FINL INC
PRUDENTIAL FINL INC
PSYCHIATRIC SOLUTIONS INC
R H DONNELLEY CORP
R H DONNELLEY CORP
RAS LAFFAN LIQUEFIED NAT GAS
RAS LAFFAN LIQUEFIED NAT GAS
REPUBLIC OF PERU
REPUBLIC OF THE PHILIPPINES
REPUBLIC OF TURKEY
RESIDENTIAL ASSET MTG PRODS
RESIDENTIAL ASSET SECURIZATION
RESIDENTIAL ASSET SECURIZATION
RESOLUTION FDG CORP PRINC STRP
RFMSI SER 2006 S7 TR
RIO TINTO FIN USA LTD
RIO TINTO FIN USA LTD
RIO TINTO FIN USA LTD
RIO TINTO FIN USA LTD
ROGERS CABLE INC
ROGERS COMMUNICATIONS INC
ROYAL CARIBBEAN CRUISES LTD
ROYAL CARIBBEAN CRUISES LTD
RUSSIAN FEDN
RUSSIAN FEDN
SABMILLER PLC
SABMILLER PLC
SCHERING PLOUGH CORP
SIEMENS FINANCIERINGSMAATSCHAP
SIMON PPTY GROUP L P
SLM CORP
SOCIEDAD QUIMICA Y MINERA DE
SOUTH AFRICA REP
SOUTHERN PWR CO
SOUTHERN PWR CO
SPRINT CAP CORP
STRUCTURED ASSET SECS CORP
SUNCOR ENERGY INC
SUNCOR ENERGY INC
SUNGARD DATA SYSTEMS
SUNGARD DATA SYSTEMS
SUNGARD DATA SYSTEMS
TBW MORTGAGE BACKED TR
TECO FINANCE INC
TECO FINANCE INC
TECO FINANCE INC
TECO FINANCE INC
TELEFONICA EMISIONES S A U
TELEFONICA EMISIONES S A U
TEMASEK FINL LTD
Source: State Street

Interest Rate
8.375
7.35
7.75
7.75
5.875
6.75
8.35
8.35
8.375
8.25
8.875
8
9.375
7.5
7.75
7.75
7.625
6.65
6.75
6.05
5.625
6.625
6
7.75
11.75
8.875
5.832
6.332
6.55
6.375
7
6
6
6.25
0
6.25
5.875
6.5
6.5
7.125
5.5
6.8
7.5
7.5
8.25
7.5
6.5
6.5
6.55
6.125
5.625
4.5
6.125
7.375
4.875
6.375
6.875
4.6579
5.95
6.85
9.125
10.25
10.25
6
7
6.75
6.572
6.572
6.221
7.045
4.5
6

Maturity Date
Shares/Par Value
5/3/2016
10,171,000
7/21/2025
16,000,000
9/15/2014
10,000,000
9/15/2014
3,450,000
3/1/2018
12,800,000
5/1/2014
8,125,000
3/6/2017
7,800,000
3/6/2017
8,770,000
2/15/2011
15,750,000
1/15/2014
26,700,000
3/17/2015
3,000,000
1/15/2016
9,300,000
1/18/2017
6,100,000
9/25/2024
3,850,000
1/14/2031
2,000,000
6/15/2015
7,400,000
6/1/2018
2,000,000
3/15/2018
11,000,000
5/1/2014
6,250,000
10/15/2036
12,000,000
11/15/2016
12,000,000
12/1/2037
7,400,000
12/1/2017
6,700,000
7/15/2015
4,975,000
5/15/2015
4,740,000
10/15/2017
74,000
9/30/2016
7,000,000
9/30/2027
3,000,000
3/14/2037
1,000,000
1/15/2032
5,800,000
3/11/2019
8,200,000
7/25/2032
2,445,859
6/25/2036
64,607,623
12/25/2036
66,647,364
10/15/2019
392,500,000
8/25/2036
22,404,023
7/15/2013
5,000,000
7/15/2018
8,000,000
7/15/2018
2,000,000
7/15/2028
10,000,000
3/15/2014
11,470,000
8/15/2018
5,000,000
10/15/2027
9,456,000
10/15/2027
3,000,000
3/31/2010
2,000,184
3/31/2030
47,873,000
7/1/2016
10,000,000
7/15/2018
4,500,000
9/15/2037
11,000,000
8/17/2026
11,975,000
8/15/2014
8,850,000
7/26/2010
3,500,000
4/15/2016
11,400,000
4/25/2012
4,300,000
7/15/2015
11,155,000
11/15/2036
3,600,000
11/15/2028
6,175,000
7/25/2034
6,623,000
12/1/2034
14,350,000
6/1/2039
7,000,000
8/15/2013
2,100,000
8/15/2015
8,400,000
8/15/2015
5,900,000
7/25/2036
16,468,814
5/1/2012
5,469,000
5/1/2015
7,500,000
11/1/2017
4,096,000
11/1/2017
2,457,000
7/3/2017
7,600,000
6/20/2036
4,650,000
9/21/2015
9,550,000

Market Value
10,959,253
15,920,000
10,700,000
3,669,938
11,488,000
5,159,375
7,332,000
8,243,800
16,380,000
27,768,000
3,180,000
9,579,000
6,588,000
3,696,000
2,020,000
5,587,000
1,370,000
10,923,601
6,063,145
8,238,585
4,440,000
5,133,557
5,234,998
3,656,625
1,161,300
11,100
5,671,574
2,015,670
892,500
5,510,000
7,913,000
2,482,547
45,225,336
36,656,050
264,235,318
22,628,063
3,775,000
5,865,368
1,430,000
7,050,000
10,581,706
4,930,025
4,255,200
1,440,521
2,070,191
41,769,193
9,298,689
4,083,014
11,233,884
11,832,335
5,977,520
3,037,535
11,051,399
4,246,250
10,201,145
2,937,974
3,674,125
6,821,690
10,327,102
5,630,776
1,816,500
5,544,000
3,894,000
16,715,847
5,033,137
6,965,979
3,096,073
1,857,191
7,462,803
5,108,429
9,534,624

Security Name
TENGIZCHEVROIL FIN CO S AR L
TENGIZCHEVROIL FIN CO S AR L
TESCO PLC
TEVA PHARMACEUTICAL FIN CO LLC
THORNBURG MTG SECS TR
TICKETMASTER
TIME WARNER CABLE INC
TIME WARNER CABLE INC
TIME WARNER ENTMT CO L P
TIME WARNER ENTMT CO L P
TRANSCANADA PIPELINES LTD
TRANSCAPITALINVEST LTD
TRANSOCEAN INC
TRANSOCEAN SEDCO FOREX INC
TRINIDAD + TOBAGO REP
TURKEY REP
TURKEY REP
TURKEY REP
TURKEY REP
TURKEY REP
TURKEY REP
TURKEY REP
UNION PAC CORP
UNITED MEXICAN STS
UNITED MEXICAN STS
UNITED MEXICAN STS
UNITED MEXICAN STS
UNITED MEXICAN STS
UNITED MEXICAN STS
UNITED STATES TREAS BD STRP PRN
UNITED STATES TREAS BD STRP PRN
UNITED STATES TREAS BD STRP PRN
UNITED STATES TREAS BD STRP PRN
UNITED STATES TREAS INFLATION INDEXED BDS
UNITED STATES TREAS INFLATION INDEXED BDS
UNITED STATES TREAS INFLATION INDEXED BDS
UNITED STATES TREAS INFLATION INDEXED BDS
UNITED STATES TREAS INFLATION INDEXED BDS
UNITED STATES TREAS INFLATION INDEXED BDS
UNITED STATES TREAS INFLATION INDEXED BDS
UNITED STATES TREAS INFLATION INDEXED NTS
UNITED STATES TREAS INFLATION INDEXED NTS
UNITED STATES TREAS INFLATION INDEXED NTS
UNITED STATES TREAS INFLATION INDEXED NTS
UNITED STATES TREAS INFLATION INDEXED NTS
UNITED STATES TREAS INFLATION INDEXED NTS
UNITED STATES TREAS INFLATION INDEXED NTS
UNITED STATES TREAS INFLATION INDEXED NTS
UNITED STATES TREAS INFLATION INDEXED NTS
UNITED STATES TREAS INFLATION INDEXED NTS
UNITED STATES TREAS INFLATION INDEXED NTS
UNITED STATES TREAS INFLATION INDEXED NTS
UNITED STATES TREAS INFLATION INDEXED NTS
UNITED STATES TREAS INFLATION INDEXED NTS
UNITED STATES TREAS INFLATION INDEXED NTS
UNITED STATES TREAS INFLATION INDEXED NTS
UNITED STATES TREAS INFLATION INDEXED NTS
UNITED STATES TREAS INFLATION INDEXED NTS
UNITED STATES TREAS INFLATION INDEXED NTS
UNITED STATES TREAS INFLATION INDEXED NTS
UNITED STATES TREAS INFLATION INDEXED NTS
UNITED STATES TREAS INFLATION INDEXED NTS
UNITED STATES TREAS SC STRP INT
UNITED STATES TREAS SC STRP INT
UNITED STATES TREAS SC STRP INT
UNITED TECHNOLOGIES CORP
URBI DESARROLLOS URBANOS S A
URBI DESARROLLOS URBANOS S A
USAA AUTO OWNER TR 2008 2
USIMINAS COML LTD
USIMINAS COML LTD
Source: State Street

Interest Rate
6.124
6.124
6.15
6.15
6.11969
10.75
6.75
8.75
8.375
8.375
6.5
5.67
6
7.5
5.875
11.75
7.25
7
6.75
7
7.375
6.875
7.875
5.625
5.95
5.95
6.75
6.05
6.05
0
0
0
0
2.375
2
2.375
1.75
3.625
3.875
3.375
4.25
0.875
3.5
3.5
2.375
3.375
2
3
0.625
1.875
2
2
1.625
1.875
2
2.5
2.375
2.375
2.625
2.625
1.625
1.375
0
0
0
6.125
8.5
8.5
4.64
7.25
7.25
7

Maturity Date
Shares/Par Value
11/15/2014
8,487,000
11/15/2014
5,636,568
11/15/2037
7,425,000
2/1/2036
20,600,000
4/25/2045
11,480,739
8/1/2016
2,700,000
7/1/2018
20,500,000
2/14/2019
2,800,000
3/15/2023
20,375,000
7/15/2033
6,200,000
8/15/2018
5,000,000
3/5/2014
17,150,000
3/15/2018
21,300,000
4/15/2031
17,600,000
5/17/2027
9,500,000
6/15/2010
5,000,000
3/15/2015
19,500,000
9/26/2016
5,250,000
4/3/2018
6,500,000
6/5/2020
8,500,000
2/5/2025
13,550,000
3/17/2036
11,500,000
1/15/2019
6,000,000
1/15/2017
7,000,000
3/19/2019
5,000,000
3/19/2019
3,000,000
9/27/2034
4,250,000
1/11/2040
18,250,000
1/11/2040
10,550,000
11/15/2018
303,427,000
2/15/2019
225,486,000
8/15/2019
77,000,000
11/15/2027
276,000,000
1/15/2025
143,589,245
1/15/2026
93,324,723
1/15/2027
75,637,906
1/15/2028
72,811,355
4/15/2028
95,973,648
4/15/2029
110,326,929
4/15/2032
29,137,713
1/15/2010
65,193,444
4/15/2010
153,788,437
1/15/2011
62,238,000
1/15/2011
65,473,131
4/15/2011
94,951,120
1/15/2012
36,287,917
4/15/2012
75,169,693
7/15/2012
125,023,704
4/15/2013
72,163,013
7/15/2013
116,966,161
1/15/2014
119,924,772
7/15/2014
109,838,020
1/15/2015
108,427,093
7/15/2015
94,067,093
1/15/2016
92,093,478
7/15/2016
91,387,572
1/15/2017
6,445,680
1/15/2017
83,185,798
7/15/2017
101,558,212
7/15/2017
73,592,256
1/15/2018
72,842,379
7/15/2018
70,748,157
2/15/2019
100,000,000
5/15/2019
160,000,000
11/15/2019
115,000,000
2/1/2019
7,000,000
4/19/2016
5,250,000
4/19/2016
8,500,000
10/15/2012
4,000,000
1/18/2018
4,750,000
1/18/2018
11,000,000

Market Value
6,450,120
4,110,102
6,615,816
20,367,041
11,538,143
1,458,000
19,534,497
3,024,550
20,268,099
6,160,358
4,877,424
11,107,026
19,134,000
16,538,397
7,695,000
5,350,000
19,402,500
5,118,750
6,175,000
8,223,750
12,737,000
9,545,000
6,577,952
7,017,500
5,000,000
3,015,000
4,483,750
17,748,125
10,259,875
227,081,723
166,683,754
55,332,970
151,747,557
137,666,189
85,669,296
74,585,783
65,882,627
112,229,665
134,013,018
35,875,809
63,471,686
143,360,043
60,799,057
63,959,392
92,414,026
35,754,847
72,726,678
121,585,552
68,419,196
109,437,049
112,842,015
103,076,392
99,752,926
87,864,309
87,430,785
89,702,386
6,333,912
81,743,356
102,970,887
74,615,924
68,494,417
65,773,854
73,704,002
116,462,402
81,011,750
7,445,323
3,885,000
6,290,000
3,870,236
4,192,841
9,709,737

Security Name
VALE OVERSEAS LTD
VALE OVERSEAS LTD
VALERO ENERGY CORP
VENEZUELA REPUBLIC
VENEZUELA REPUBLIC
VENEZUELA REPUBLIC
VENEZUELA REPUBLIC
VERIZON COMMUNICATIONS INC
VERIZON COMMUNICATIONS INC
VERIZON WIRELESS CAP LLC
VERIZON WIRELESS CAP LLC
VESSEL MGMT SVCS INC
VIRGINIA ELEC + PWR CO
VODAFONE AIRTOUCH PLC
VODAFONE GROUP
VODAFONE GROUP PLC NEW
VOTO VOTORANTIM OVERSEAS
VOTO VOTORANTIM OVERSEAS TRAD
WACHOVIA BK NATL ASSN MEDIUM
WAL MART STORES INC
WAMU MTG
WAMU MTG PASS THRU CTFS
WAMU MTG PASS THRU CTFS
WAMU MTG PASS THRU CTFS
WAMU MTG PASS THRU CTFS
WEA FIN LLC
WELLS FARGO + CO
WELLS FARGO BK NATL ASSN
WELLS FARGO CAP XV
WELLS FARGO MTG BACKED SECS
WELLS FARGO MTG BACKED SECS
WELLS FARGO MTG BACKED SECS
WELLS FARGO MTG BKD SECS 2005
WELLS FARGO MTG BKD SECS 2006
WESTAR ENERGY INC
WESTAR ENERGY INC
WINDSTREAM CORP
WINDSTREAM CORP
WYETH
WYETH
WYETH

Interest Rate
6.25
6.875
6.625
8.5
5.75
7.65
9.25
6.9
8.95
7.375
8.5
6.08
8.875
7.875
6.15
5.625
7.875
7.75
6.6
5.8
5.34197
5.5
6.15
5.71162
5.83833
7.125
5.625
5.75
9.75
5.134463
5.5
6.05834
5.386966
5.75
5.15
5.1
8.625
8.625
5.5
6.45
5.95

Maturity Date
Shares/Par Value
1/11/2016
6,000,000
11/21/2036
6,500,000
6/15/2037
16,900,000
10/8/2014
5,900,000
2/26/2016
22,200,000
4/21/2025
25,800,000
9/15/2027
8,600,000
4/15/2038
5,000,000
3/1/2039
8,500,000
11/15/2013
7,000,000
11/15/2018
10,000,000
5/20/2024
10,769,500
11/15/2038
3,000,000
2/15/2030
5,500,000
2/27/2037
4,000,000
2/27/2017
15,900,000
1/23/2014
9,000,000
6/24/2020
13,950,000
1/15/2038
7,650,000
2/15/2018
13,350,000
1/25/2037
70,062,433
8/25/2035
25,665,046
9/25/2036
47,869,835
2/25/2037
39,720,024
3/25/2037
10,125,659
4/15/2018
9,000,000
12/11/2017
5,000,000
5/16/2016
11,200,000
12/29/2049
3,400,000
5/25/2035
33,803,646
4/25/2037
68,807,318
4/25/2037
12,551,102
8/25/2035
5,546,976
3/25/2036
7,934,609
1/1/2017
7,900,000
7/15/2020
3,000,000
8/1/2016
6,885,000
8/1/2016
5,500,000
2/1/2014
4,622,000
2/1/2024
17,200,000
4/1/2037
3,400,000

Market Value
5,691,000
5,996,250
12,421,350
3,068,000
9,435,000
9,726,084
4,601,000
5,515,520
10,914,522
7,427,567
11,597,739
12,386,540
3,702,971
6,067,198
3,927,935
14,884,602
9,090,000
12,066,750
7,813,152
14,583,204
70,062,433
25,408,396
49,305,930
39,918,624
10,429,429
6,480,010
5,132,100
11,366,698
3,332,000
34,817,755
69,495,391
12,802,124
5,713,386
8,013,955
6,996,906
2,460,369
6,093,225
4,867,500
4,693,208
18,884,334
3,676,102

FIXED INCOME - EXTERNALLY MANAGED FUNDS
EATON VANCE HIGH YIELD FD
GOLDMAN SACHS HIGH YIELD
NCRAM HIGH YIELD TOTAL RETURN
STONE HARBOR HIGH YIELD FD
WGBI EX US INDEX FUND

100,395,079
208,316,852
229,511,835
104,084,238
848,602,194

TOTAL FIXED INCOME

9,986,748,105

ALTERNATIVE ASSETS
PRIVATE EQUITY
ACCEL VIII LP
AIG ASIAN INFRASTRUCTURE FNDII
AIG ASIAN INFRASTRUCTURE FUND
AIG GE CAPITAL LATIN AMERICA
AIG INDIAN SECTORAL EQUITY
AISLING CAPITAL 11
ALTA SUB DEB III
APOLLO INVESTMENT FUND VI LP
APOLLO INVESTMENT FUND VII LP
ARCH VENTURE FUND VI, LP
ARCH VENTURE FUND VII LP
ARES CORP OPPORTUNITY FUND II
ARES CORP OPPS FUND III
ARSENAL CAP PTNERS
Source: State Street

4,013,902
1,443,849
32,700
15,253,794
239,494
4,827,289
2,812
18,461,910
4,372,190
12,683,614
2,812,333
29,276,198
8,560,636
5,718,978
8

Security Name
ARSENAL CAPITAL PARTNERS II LP
BAIN CAPITAL EUROPE FUND III
BAIN CAPITAL FUND IX LP
BAIN CAPITAL FUND VIII
BAIN CAPITAL FUND X
BAIN CAPITAL IX COINVESTMENT F
BAIN CAPITAL VIII COINVETMENT
BAIN CAPITAL X COINVESTMENT
BLACKSTONE CAP PARTN IV LP
BLACKSTONE CAPITAL PARTNERS V
BLUERUN VENTURES IV LP
BLUERUN VENTURES LP
CADUCEUS PRIVATE INV III LP
CALERA CAPITAL
CANAAN EQUITY PARTNERS VII
CANAAN VIII LP
CENTURY PARK CAPITAL PTNS II
CERBERUS SERIES FOUR HOLDINGS
CHARLESBANK EQUITY FUND VI
CLAREMONT CREEK VENTURES II
CLAREMONT CREEK VENTURES LP
CLEARSTONE VENTURE PARTNERS
DARWIN VENTURE CAPITAL FUNDS
DARWIN VENTURE CPTAL FND II LP
DCM IV
DCM V
DE NOVO VENTURES II LP
DE NOVO VENTURES III
DOMAIN PARTNERS VI LP
DOMAIN PARTNERS VII
ENERGY SPE SITUATIONS FUND II
EOS CAPITAL PARTNERS III
EOS CAPITAL PARTNERSHIP IV
EQUITY DISTRIBUTION SECURITIES
FIRST RESERVE FUND XI LP
FORTRESS INVESTMENT FUND III
FORTRESS INVESTMENT FUND IV
FORTRESS INVESTMENT FUND V
FOUNTAIN VEST CHINA GROWTH PTN
GENSTAR CAPITAL PARTNERS IV
GENSTAR CAPITAL PARTNERS V
GLENCOE CAP INSTL PARTNERS III
GLENCOE CAPITAL PARTNERS III
GLOBESPAN CAPITAL PARTNERS IV
GLOBESPAN CAPITAL PARTNERS V
GOLDER THOMA CRESSEY RAUNER
GOLDER THOMA CRESSEY RAUNER V
GRAHAM PARTNERS II
GRANITE CLOBAL VENTURES III
GRANITE GLOBAL VENTURES II LP
GRANITE VENTURES II
H.I.G BAYSIDE II
HUMMER WINBLAD VENTURE PTR III
INSIGHT VENTURE PARTNERS V
INSIGHT VENTURE PARTNERS V
INSIGHT VENTURE PARTNERS VI LP
INSTITUTIONAL VENTURE PARTNS
INSTITUTIONAL VENTURE PTR VIII
INTERSOUTH PARTNERS V LP
INTERSOUTH PARTNERS VI
INTERSOUTH PARTNERS VII
INTERWEST PARTNERS IX
INTERWEST PARTNERS V LP
INTERWEST PARTNERS VI LP
INTERWEST PARTNERS VII LP
INTERWEST PARTNERS VIII
INVERNESS PARTNERS II LP
IVP VI
IVP VII
J C FLOWERS II LP
JLL PARTNERS FUND V, LP
Source: State Street

Interest Rate

9

Maturity Date

Shares/Par Value

Market Value
13,703,737
691,745
29,665,205
13,183,298
15,831,618
9,832,423
4,371,363
1,384,402
26,432,462
40,985,128
3,435,510
21,487,691
7,752,549
10,493,397
8,113,274
4,297,256
10,163,339
18,537,796
4,069,396
521,772
3,659,834
10,535,294
3,747,288
2,310,129
7,293,123
9,311,069
13,991,962
9,187,481
6,347,182
9,707,378
1,000,947
12,007,997
3,703,294
2,000,479
33,582,003
4,521,773
16,065,292
11,685,627
812,268
16,891,889
42,425,324
709,776
6,660,258
9,093,590
17,344,756
25,179
1,880,265
15,220,952
10,445,630
14,510,578
3,668,500
2,380,538
196,153
4,428,378
10,715,757
11,096,858
4,179,473
333,471
10,364,580
7,415,481
6,229,146
12,989,760
93,635
934,637
5,010,287
28,122,390
13,573,528
541,669
3,387,902
20,210,725
17,140,660

Security Name
JLL PARTNERS VI LP
KELSO INVESTMENT ASSOC VII
KELSO INVESTMENT ASSOCIATES
KODIAK VENTURES III
KPCB AGG INVESTMENT UCRP
KRG CAPITAL FUND IV LP
KRG CAPITAL III LP
LAKE CAPITAL PARTNERS LP
LATIN AMERICAN CAPITAL II LP
LIGHTHOUSE CAPITAL PARTNERS V
LIGHTSPEED VENTURE PRTNRS VIII
LIGHTSPEED VENTURE PTNERS VII
LIME ROCK PARTNERS V L P
LINDSAY GOLDBERG + BESSEMER II
LINDSAY GOLDBERG + BESSEMER LP
LINDSAY GOLDBERG III LP
MADISON DEARBORN CAP PART IV
MADISON DEARBORN CAP PTNRS VI
MADISON DEARBORN V
MAYFIELD VIII
NOVAK BIDDLE VENTURE PARTNERS
NOVAK BIDDLE VENTURE PTNR V
OLYMPUS GROWTH FUND IV LP
OLYMPUS GROWTH FUND V
OXFORD BIOSCIENCE IV
OXFORD BIOSCIENCE PARTNERS III
PAINE + PARTNERS CAPITAL FUND
PALOMAR VENTURES III
PERSEUS 2000 EXPANSION
PERSEUS PARTNERS VII LP
PERSEUS SOROS BIO PHARM LP
PINE BROOK CAPITAL PARTNERS
POLARIS VENTURE PARTNERS III
POLARIS VENTURE PARTNERS IV
POLARIS VENTURE PRTNRS V LP
QUAD C PARTNERS VII LP
REDPOINT VENTURE I LP
REDPOINT VENTURES II LP
RIPPLEWOOD PARTNERS II LP
ROCKPORT CAPITAL III LP
SANKATY CREDIT OPPORTUNITY IV
SEGULAH IV LP
SEQUOIA AGG INVESTMENT UCRP
SHAMROCK CAPITAL GROWTH FD II
SKM EQUITY FUND II
SPC PARTNERS III LP
SUN CAPITAL IV LP
SUN CAPITAL PARTNERS V
TECHNOLOGY PARTNERS WEST FD IV
TERRA FIRMA CAP PARTNER III
THE COLUMN GROUP LP
TRINITY VENTURES IX P
UPDATA PARTNERS III
UPDATA PARTNERS IV
VECTOR CAPITAL IV L.P
VENTURE STRATEGY PARTN II L P
VERSANT VENTURE CAPITAL II LP
VERSANT VENTURES I LP
VESTAR CAPITAL PARTNERS V LP
W CAPITAL PARTNERS II LP
WARBURG IX BUYOUT
WARBURG IX VENTURE
WARBURG PINCUS PRVT EQUITY X
WARBURG PINCUS VIII
WATER STREET CAPITAL PARTNERS
WATER STREET PARTNERS II
WCAS CAPITAL PARTNERS II
WCAS III
WCAS VI
WELLSPRING CAPITAL PARTNERS IV
WELSH CARSON ANDERSON + STOWE
Source: State Street

Interest Rate

10

Maturity Date

Shares/Par Value

Market Value
2,944,670
31,349,573
2,776,006
7,768,994
28,858,470
882,867
13,287,876
9,357,341
5,426,000
11,983,076
2,546,128
8,497,291
1,771,453
25,767,979
9,775,289
336,150
48,402,580
9,191,954
68,780,263
586,561
4,843,516
2,488,391
22,322,543
7,621,968
11,461,519
7,490,880
20,275,332
8,245,616
10,060,679
31,524,048
2,283,724
6,124,155
7,824,043
18,994,202
14,753,059
5,751,041
7,147,228
23,509,040
14,851,608
2,947,934
45,091,232
1,798,963
26,682,235
9,189,642
14,721,204
21,787,865
8,826,942
13,627,727
149,019
15,927,498
1,759,850
6,292,070
14,421,169
4,688,990
2,323,676
5,717,304
22,298,180
11,485,880
18,131,675
17,066,348
29,313,065
43,969,597
39,334,329
46,196,686
14,321,556
5,680,401
3,325,249
33,968,200
2,109,211
8,819,486
2,797,186

Security Name
WICKS COMM + MEDIA PRTNS III
WIND POINT PARTNERS VI
WLR RECOVERY FUND IV

Interest Rate

Maturity Date

Shares/Par Value

Market Value
10,601,464
10,162,467
30,730,130

REAL ESTATE
AMB INSTITUTIONAL ALLIANCE III
BEACON CAP STRTGIC PARTN V
BEACON CAPITAL STRATEGIC PARTN IV
BLACKSTONE REAL EST PARTNER VI
BLACKSTONE REAL ESTATE PRTN V
BUCHANAN FUND V, LLC
CALIFORNIA SMART GROWTH FD IV
CAPRI URBAN INVESTORS LLC
CIM FUND III LP
CIM URBAN REIT LLC
COLONY CAPITAL VIII LP
CORNERSTONE
CORNERSTONE APMNT VENT III LLC
CPI GLOBAL REAL ESTATE SECURITIES
FAIRFIELD STRAT APT FUND III
FORUM ASIAN REALTY INCOME II
GENESIS WORKFORCE HOUS FUND II
HEITMAN AMERICA REAL ESTATE TRUST
ING CLARION PTNRS
JPMORGAN INV MGMT
KSL CAPITAL PARTNERS II
LBA REALTY FUND III
LEGACY PARTNERS REALTY FND III
LEGACY PARTNERS REALTY FUND II
LIONSTONE URBAN INV TWO
MACFARLANE URBAN REAL ESTATE II
METRO WORKFORCE HOUSING FUND
MORGAN STANLEY RE FUND V US
PRISA II PRUDENTIAL REAL EST.
PRUDENTIAL SNR HSING PTNRS III
REALTY ASSOCIATES FUND VII
REALTY ASSOCIATES FUND VIII
REDWOOD GROVE INTERNATIONAL LP
REEF GLOBAL OPPORTUNITIES FD II
ROCKPOINT REAL ESTATE FUND III
RREEF AMERICA REIT III
SQUARE MILE PARTNERS II LP
URBANAMERICA, LP. II
URDANG VALUE ADDED FUND II
WALTON STREET REAL ESTATE V
WESTBROOK REAL ESTATE FUND VII

75,751,959
22,866,319
20,106,183
39,032,355
50,317,931
21,399,974
18,584,925
17,083,723
1,518,643
49,917,909
15,085,301
102,363,748
13,515,157
54,654,539
2,714,773
21,838,550
982,727
54,635,579
7,642,032
33,529,362
6,364,469
22,036,836
11,059,120
47,231,071
4,729,440
29,754,780
1,772,532
27,734,526
118,948,441
40,731,242
29,304,801
58,647,886
13,773,707
50,232,455
414,250
33,265,923
21,974,399
26,313,016
7,579,473
74,305,670
5,453,793

ABSOLUTE RETURN
ALPHAGEN RHOCAS FUND
ANCHORAGE CAPITAL PARTNERS
ANCHORAGE SHORT CRDT OFFSHORE
AVENUE SPECIAL SITUATIONS III
CALICO PARTNERS
CARL MARKS STRATEGIC OPP
CHILTON GLOBAL NATURAL RESOURC
CVI SPECIALIZED VENTURES
DAVIDSON KEMPNER DIS OPP INTL
DAVIDSON KEMPNER INST PRTNR
FONTANA CAPITAL OFFSHORE
GEM REALITY SECURITIES
GIOVONE INVESTMENT PARTNERS
H.I.G BRIGHTPOINT CAP PARTNERS
HIGHLINE CAPITAL INTL
HIGHLINE SELECT
HORIZON PORTFOLIO I LIMITED
IVY RISING STARS OFFSHORE
KINGSTREET CAPITAL
MAVERICK FUND
O CONNOR GLOBAL FUNDAMENTAL
Source: State Street

18,923,332
45,369,990
52,055,929
211,737
5,225,669
7,327,522
49,692,121
11,990,845
19,287,031
41,893,852
15,736,287
51,618,955
52,865,375
21,640,247
57,784,417
14,677,555
10,522,228
16,650,827
34,076,953
44,269,432
69,024,659
11

Security Name
OZ ASIA MASTER FUND
OZ OVERSEAS FUND
REAL ASSETS STRATEGIES USA
SATELLITE CREDIT OPPORTUNITIES
SATELLITE OVERSEAS LTD PRTNSHP
SILVER POINT CAP OFFSHORE
STERLING STAMOS CONCENTRATED
TIGER ASIA OVERSEAS FUND
TIGER CONSUMER PARTNERS
TRADING SELECT (USA)
TREE LINE ASIA FD
VIKING GLOBAL EQUITIES III
YORK TOTAL RETURN

Interest Rate

TOTAL ALTERNATIVE ASSETS

Maturity Date

Shares/Par Value

Market Value
30,465,119
5,392,501
34,000,000
14,649,332
36,832,383
29,551,332
48,996,625
54,948,661
23,235,178
118,565,937
23,794,337
92,362,894
81,052,975
4,366,334,502

TOTAL SECURITIES

31,347,106,128

CASH & CASH EQUIVALENTS

298,947,313

ACCOUNTS RECEIVABLE & ACCRUED INCOME

100,693,201

ACCOUNTS PAYABLE

-

TOTAL NET ASSETS

Source: State Street

31,746,746,642

12

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
Fixed Income Portfolio
December 31, 2003
DESCRIPTION
ALCAN INC
ALCAN INC
ALCOA INC
ALLSTATE CORP
AMERICAN ELECTRIC POWER
AMERICAN GENERAL CAP II
AMERICAN INTERNATIONAL GROUP
ANADARKO FINANCE
AOL TIME WARNER INC
AOL TIME WARNER INC
AOL TIME WARNER INC
ARCEL FINANCE LIMITED
AT&T WIRELESS
ATHABASCA OIL SANDS
BECTON DICKINSON
BECTON DICKINSON
BELLSOUTH CORP
BP CAP MKTS AMER
BRITISH SKY BROADCASTING
BRITISH SKY BROADCASTING GRO
BRITISH TEL PLC
BURLINGTON RESOURCES
CANADIAN NATL RAILROAD
CANADIAN NATL RAILROAD
CELULOSA ARAUCO
CEMEX S A
CENTEX
CENTEX
CIA BRASIL DE BEBIDAS
CINCINNATI GAS & ELEC
CITIGROUP
CITIGROUP INC
CITIGROUP INC
CITIGROUP INC
CLEAR CHANNEL COMMUNICATIONS
CODELCO INC
CODELCO INC
COMCAST CORP
COMCAST CORP
COMCAST CORP
COMCAST CORP
COMCAST CORP
CONS EDISON CO OF NY
COSOLIDATED NATURAL GAS

NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
PT09
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC

Source: University of California, Office of the Treasurer

PAR VALUE
6,000,000
11,500,000
5,000,000
24,000,000
7,000,000
15,000,000
42,000,000
23,500,000
15,000,000
26,000,000
10,000,000
7,000,000
11,500,000
20,000,000
7,000,000
34,000,000
21,000,000
15,000,000
2,000,000
5,000,000
24,500,000
24,300,000
22,000,000
21,025,000
40,632,000
50,000,000
14,000,000
3,500,000
24,200,000
14,000,000
40,000,000
6,000,000
35,000,000
8,500,000
24,750,000
12,000,000
15,000,000
22,500,000
10,000,000
19,200,000
20,000,000
4,500,000
5,000,000
12,000,000

RATE
5.200
6.125
5.375
7.200
5.250
8.500
4.250
7.500
6.875
7.625
7.700
7.048
8.125
8.200
4.900
7.000
6.875
4.200
8.200
6.875
8.875
9.875
6.800
6.900
7.750
9.625
5.125
5.800
8.750
5.375
6.000
3.500
6.000
6.625
7.650
5.500
6.375
5.300
5.850
6.500
7.050
7.050
5.875
5.000

MATURITY
1/15/2014
12/15/2033
1/15/2013
12/1/2009
6/1/2015
7/1/2030
5/15/2013
5/1/2031
5/1/2012
4/15/2031
5/1/2032
9/1/2011
5/1/2012
4/1/2027
4/15/2018
8/1/2027
10/15/2031
6/15/2018
7/15/2009
2/23/2009
12/15/2030
6/15/2010
7/15/2018
7/15/2028
9/13/2011
10/1/2009
10/1/2013
9/15/2009
9/15/2013
6/15/2033
10/31/2033
2/1/2008
2/21/2012
6/15/2032
9/15/2010
10/15/2013
11/30/2012
1/15/2014
1/15/2010
1/15/2015
3/15/2033
3/15/2033
4/1/2033
3/1/2014

MARKET VALUE
6,064,860
11,563,940
5,186,400
27,669,840
6,789,650
19,522,200
39,727,379
27,481,605
16,861,501
29,842,800
11,639,100
7,210,000
13,417,395
23,490,340
6,748,910
38,614,140
23,151,029
13,599,578
2,381,280
5,628,550
31,837,749
31,496,647
24,694,780
23,369,078
46,957,590
60,500,000
13,783,560
3,754,415
25,652,000
12,473,020
40,029,999
6,018,120
38,190,250
9,227,770
28,898,595
12,177,480
16,231,826
22,396,275
10,687,300
20,871,168
21,695,000
4,881,375
5,034,639
11,953,440

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
Fixed Income Portfolio
December 31, 2003
DESCRIPTION
CRH AMERICA
CRH AMERICA
DOMINION RESOURCES
DOMINION RESOURCES
EATON CORP
ENBRIDGE ENERGY PARTNERS L P
ENCANA CORP
ENERSIS
ENTERPRISE PRODUCTS
FEDERAL HOME LOAN BANK
FGCI POOL #B10827
FGCI POOL #E01084
FGCI POOL #E01098
FGCI POOL #E01251
FGCI POOL #E01311
FGCI POOL #E01388
FGCI POOL #E01537
FGCI POOL #E96582
FGLMC POOL # C79601
FGLMC POOL #A12330
FGLMC POOL #A12886
FGLMC POOL #A13124
FGLMC POOL #A14235
FGLMC POOL #A14282
FGLMC POOL #A15676
FGLMC POOL #A15677
FGLMC POOL #A17021
FGLMC POOL #C01404
FGLMC POOL #C01673
FGLMC POOL #C76289
FGLMC POOL #C76361
FGLMC POOL #C77031
FGLMC POOL #C79009
FGLMC POOL 78907
FHLG POOL #C62885
FHLMC GOLD TBA 15YR
FHR 2484 VA
FHR 2494 CD
FHR 2567 MC
FHR 2601 TA
FHR 2673 MA
FHR 2694 NS
FIFTH THIRD BANK
FIRSTENERGY CORP

NC
NC
NC
NC
NC
NC
NC
NC
NC

NC
NC

Source: University of California, Office of the Treasurer

PAR VALUE
10,000,000
18,000,000
15,500,000
6,500,000
8,750,000
8,500,000
10,000,000
23,500,000
8,300,000
186,000,000
49,812,907
10,523,740
20,915,531
16,123,682
13,643,712
11,471,887
25,000,000
10,526,765
9,662,092
24,831,074
43,537,439
19,911,876
35,626,380
12,354,400
33,615,021
59,951,532
39,000,000
32,621,342
49,853,317
13,106,799
12,393,922
35,204,181
5,733,242
7,761,100
12,485,500
25,000,000
8,938,162
13,750,000
11,328,148
15,737,789
21,407,027
21,597,010
25,000,000
2,000,000

RATE
5.300
6.400
5.000
6.300
8.100
4.750
4.750
7.375
6.875
5.375
4.500
5.500
6.000
5.500
5.500
4.000
4.500
4.500
5.000
5.000
5.000
5.000
5.000
5.000
6.500
6.500
5.500
6.500
5.000
6.000
6.000
6.000
5.500
5.000
6.500
4.500
6.000
5.500
4.000
4.000
5.500
5.500
3.375
6.450

MATURITY
10/15/2013
10/15/2033
3/15/2013
3/15/2033
8/15/2022
6/1/2013
10/15/2013
1/15/2014
3/1/2033
2/15/2007
11/1/2018
1/1/2017
2/1/2017
11/1/2017
2/1/2018
5/1/2018
12/1/2018
6/1/2018
5/1/2033
8/1/2033
8/1/2033
8/1/2033
10/1/2033
10/1/2033
11/1/2033
11/1/2033
1/1/2034
10/1/2032
11/1/2033
1/1/2033
2/1/2033
3/1/2033
5/1/2033
5/1/2033
1/1/2032
1/1/2034
9/15/2012
8/15/2014
12/15/2032
10/15/2022
10/15/2033
3/15/2019
8/15/2008
11/15/2011

MARKET VALUE
10,090,300
18,498,599
15,465,435
6,591,910
10,507,955
8,181,505
9,838,200
24,274,539
8,248,457
200,351,760
49,922,939
10,918,670
21,934,579
16,731,662
14,164,476
11,223,523
25,055,223
10,550,018
9,561,018
24,555,946
43,082,001
19,703,581
35,231,639
12,225,162
35,225,784
62,824,287
39,533,204
34,150,698
49,300,942
13,568,236
12,830,261
36,443,576
5,817,485
7,679,912
13,070,846
25,003,905
9,372,473
14,246,257
11,499,970
15,586,227
22,426,378
22,646,065
24,794,251
2,068,240

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
Fixed Income Portfolio
December 31, 2003
DESCRIPTION
FIRSTENERGY CORP
FLORIDA POWER
FNARM POOL #758810
FNCI POOL #254308
FNCI POOL #254373
FNCI POOL #254719
FNCI POOL #254804
FNCI POOL #545125
FNCI POOL #545296
FNCI POOL #555813
FNCI POOL #581853
FNCI POOL #598444
FNCI POOL #639018
FNCI POOL #645562
FNCI POOL #650503
FNCI POOL #651388
FNCI POOL #652610
FNCI POOL #681357
FNCI POOL #681405
FNCI POOL #687579
FNCI POOL #689076
FNCI POOL #689080
FNCI POOL #689584
FNCI POOL #689613
FNCI POOL #689619
FNCI POOL #689620
FNCI POOL #689621
FNCI POOL #694431
FNCI POOL #695916
FNCI POOL #702895
FNCI POOL #704939
FNCI POOL #709844
FNCI POOL #730016
FNCI POOL #737040
FNCI POOL #737043
FNCI POOL #738691
FNCI POOL #747799
FNCI POOL #748727
FNCI POOL #755497
FNCL POO1 #748794
FNCL POOL #545759
FNCL POOL #555329
FNCL POOL #555590
FNCL POOL #656563

NC
NC

Source: University of California, Office of the Treasurer

PAR VALUE
9,500,000
10,000,000
8,000,000
2,575,074
7,636,948
35,349,204
13,991,936
12,133,029
13,177,789
24,600,169
25,500,029
2,341,502
3,108,267
5,481,601
8,809,986
3,731,973
21,811,973
21,919,427
20,070,794
1,876,790
3,829,777
21,865,374
7,732,074
5,689,268
2,766,355
7,498,436
9,653,019
33,199,690
32,400,552
56,368,262
5,535,175
14,366,547
19,461,809
3,966,209
4,114,230
3,327,178
32,429,412
7,897,174
9,952,968
14,987,370
28,437,780
36,177,414
18,924,150
27,234,898

RATE
7.375
5.100
4.929
6.500
6.500
4.500
5.500
6.000
6.000
4.000
6.000
6.500
6.500
6.500
6.500
6.500
5.000
5.000
5.000
6.500
5.000
5.000
5.500
4.500
4.500
5.000
4.500
5.000
5.000
5.000
5.500
5.000
4.000
4.500
4.500
6.000
5.500
5.500
5.500
6.500
6.500
5.000
5.500
5.500

MATURITY
11/15/2031
12/1/2015
11/1/2033
5/1/2017
7/1/2017
4/1/2018
7/1/2018
8/1/2016
11/1/2016
10/1/2018
7/1/2016
6/1/2017
4/1/2017
6/1/2032
6/1/2017
8/1/2017
4/1/2018
3/1/2018
3/1/2018
4/1/2033
6/1/2018
6/1/2018
2/1/2018
5/1/2018
6/1/2018
6/1/2018
6/1/2018
3/1/2018
5/1/2018
4/1/2018
4/1/2018
5/1/2018
4/1/2018
10/1/2018
10/1/2018
10/1/2033
12/1/2018
10/1/2018
11/1/2018
11/1/2033
7/1/2032
4/1/2033
3/1/2033
3/1/2033

MARKET VALUE
9,681,545
9,937,900
8,123,672
2,728,258
8,091,248
35,460,120
14,524,827
12,729,835
13,825,984
24,013,696
26,754,336
2,480,792
3,293,169
5,733,232
9,334,067
3,953,977
22,296,197
22,406,036
20,516,364
1,964,714
3,914,798
22,350,784
8,026,555
5,707,120
2,775,035
7,664,901
9,683,307
33,936,720
33,119,842
57,619,633
5,745,986
14,685,483
18,997,836
3,978,654
4,127,140
3,443,945
33,664,507
8,197,943
10,332,033
15,689,499
29,735,112
35,866,400
19,210,847
27,647,500

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
Fixed Income Portfolio
December 31, 2003
DESCRIPTION
FNCL POOL #662707
FNCL POOL #662950
FNCL POOL #669991
FNCL POOL #676904
FNCL POOL #676919
FNCL POOL #676956
FNCL POOL #677508
FNCL POOL #677685
FNCL POOL #682059
FNCL POOL #683160
FNCL POOL #684687
FNCL POOL #684745
FNCL POOL #688178
FNCL POOL #689062
FNCL POOL #689100
FNCL POOL #689103
FNCL POOL #689108
FNCL POOL #694517
FNCL POOL #694517
FNCL POOL #694758
FNCL POOL #695526
FNCL POOL #695539
FNCL POOL #702449
FNCL POOL #703337
FNCL POOL #704520
FNCL POOL #705209
FNCL POOL #707281
FNCL POOL #709519
FNCL POOL #710141
FNCL POOL #711213
FNCL POOL #720111
FNCL POOL #721211
FNCL POOL #726054
FNCL POOL #733578
FNCL POOL #743832
FNCL POOL #744234
FNCL POOL #747817
FNCL POOL #748737
FNCL POOL #748767
FNCL POOL #748768
FNCL POOL #748793
FNCL POOL #748795
FNCL POOL #749770
FNCL POOL #752574

Source: University of California, Office of the Treasurer

PAR VALUE
4,975,636
10,489,726
1,702,701
3,293,861
3,022,465
18,335,930
4,865,663
13,157,040
8,967,510
4,567,160
41,501,931
32,567,367
15,162,196
10,376,642
52,089,390
30,099,321
35,806,848
37,791,051
3,197,670
14,348,277
49,076,784
15,050,454
18,487,911
11,716,419
22,213,246
18,769,467
26,415,183
31,159,931
10,422,079
8,552,652
39,593,548
17,655,479
18,544,193
19,894,884
19,895,651
27,573,217
39,760,702
31,885,874
22,065,253
6,785,466
47,080,443
8,090,778
15,141,469
19,815,180

RATE
6.500
6.500
5.500
6.000
6.000
5.000
6.000
5.000
5.500
6.000
6.000
6.500
5.500
5.500
5.500
5.500
5.500
5.500
5.500
5.500
6.000
5.500
6.000
5.500
5.500
5.500
6.000
5.500
5.500
5.500
4.500
5.000
5.500
5.000
5.500
5.500
4.500
6.000
6.500
7.000
6.000
7.000
6.000
5.500

MATURITY
10/1/2032
2/1/2033
2/1/2033
1/1/2033
1/1/2033
1/1/2033
1/1/2033
2/1/2033
4/1/2033
2/1/2033
2/1/2033
4/1/2033
3/1/2033
6/1/2033
2/1/2033
2/1/2033
2/1/2033
4/1/2033
10/1/2033
4/1/2033
4/1/2033
4/1/2033
6/1/2033
4/1/2033
6/1/2033
5/1/2033
5/1/2033
6/1/2033
5/1/2033
6/1/2033
7/1/2033
6/1/2033
6/1/2033
8/1/2033
11/1/2033
10/1/2033
11/1/2018
10/1/2033
11/1/2033
11/1/2033
11/1/2033
11/1/2033
11/1/2033
11/1/2033

MARKET VALUE
5,204,041
10,971,253
1,728,497
3,407,886
3,127,095
18,179,060
5,036,423
13,043,930
9,103,365
4,727,444
42,958,438
34,093,086
15,391,900
10,533,846
52,878,531
30,555,318
36,349,313
38,363,576
3,246,114
14,565,650
50,799,130
15,278,465
19,136,743
11,893,920
22,549,771
19,053,820
27,342,222
31,631,996
10,579,971
8,682,223
37,944,461
17,503,697
18,825,133
19,723,849
20,197,065
27,990,944
39,885,460
33,004,907
23,098,968
7,183,883
48,732,728
8,565,838
15,672,858
20,115,375

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
Fixed Income Portfolio
December 31, 2003
DESCRIPTION
FNCL POOL #753412
FNCL POOL #753466
FNCL POOL 696940
FNMA PL #516493
FNMA POOL #254146
FNMA POOL #254147
FNMA POOL #545506
FNMA POOL #545872
FNMA POOL #555139
FNMA POOL #555273
FNMA POOL #581706
FNMA POOL #597545
FNMA POOL #597699
FNMA POOL #610324
FNMA POOL #614359
FNMA POOL #633857
FNMA POOL #635030
FNMA POOL #640008
FNMA POOL #672415
FNMA POOL #673596
FNMA POOL #676633
FNMA POOL #676739
FNMA POOL #676740
FNMA POOL #676868
FNMA POOL #753077
FNMA TBA
FNMA-BENCHMARK
FNMA-BENCHMARK
FNMA-BENCHMARK
FNMA-BENCHMARK
FNMA-POOL #627118
FNR 02-18 VA
FNR 02-29 VA
FNR 02-33 VA
FNR 03-18 PA
FNR 03-19 ME
FNR 03-42 CA
FNR 03-58 MC
FNR 03-63 GU
FNR 03-63 TJ
FNR 2003-20
FORD MOTOR CREDIT
FORD MOTOR CREDIT
FORD MOTOR CREDIT

C 7/06
C 2/06
NC
NC

NC
NC
NC

Source: University of California, Office of the Treasurer

PAR VALUE
15,565,124
9,329,827
14,438,549
1,112,816
19,461,257
2,302,978
12,397,301
39,061,349
31,018,426
2,298,069
7,190,153
4,125,946
13,045,577
30,189,303
10,991,995
6,526,518
19,180,993
10,219,531
8,383,553
17,860,697
64,038,350
13,194,972
16,326,829
8,906,170
4,904,046
25,000,000
47,000,000
44,400,000
68,000,000
83,000,000
32,337,566
13,212,398
13,298,598
8,762,016
12,379,377
9,426,844
5,284,484
12,106,568
15,000,000
56,269,671
4,967,944
28,400,000
22,000,000
3,000,000

RATE
5.500
5.500
5.500
6.000
6.000
6.500
7.000
6.500
6.500
6.500
6.500
6.500
6.500
6.500
6.500
7.000
6.500
7.000
6.500
6.000
6.000
6.000
6.000
6.000
6.500
4.000
4.375
4.750
5.000
5.250
7.000
6.500
6.500
6.500
4.000
4.000
4.000
3.750
4.000
3.000
4.500
6.625
7.000
7.375

MATURITY
11/1/2033
11/1/2033
4/1/2033
6/1/2029
1/1/2032
1/1/2032
2/1/2032
7/1/2032
10/1/2032
12/1/2032
7/1/2031
9/1/2031
9/1/2031
10/1/2031
12/1/2031
3/1/2032
5/1/2032
4/1/2032
9/1/2032
1/1/2033
12/1/2032
1/1/2033
1/1/2033
1/1/2033
12/1/2033
1/1/2034
7/17/2013
2/21/2013
1/15/2007
1/15/2009
3/1/2032
2/25/2013
2/15/2013
6/25/2013
7/25/2032
3/25/2031
5/25/2033
7/25/2033
7/25/2033
8/25/2032
3/25/2031
10/1/2028
10/1/2013
2/1/2011

MARKET VALUE
15,800,932
9,471,171
14,657,290
1,151,732
20,129,982
2,408,022
13,110,975
40,854,445
32,442,316
2,402,889
7,518,113
4,314,141
13,640,617
31,566,311
11,493,366
6,902,230
20,061,489
10,807,837
8,768,396
18,478,988
66,255,191
13,651,747
16,892,022
9,214,478
5,133,791
24,355,470
44,943,750
43,689,157
72,584,558
89,277,293
34,199,138
13,607,097
13,690,096
9,126,921
12,270,983
9,557,593
5,239,480
10,711,281
15,117,663
53,487,693
5,052,590
25,932,607
23,088,999
3,256,260

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
Fixed Income Portfolio
December 31, 2003
DESCRIPTION
FORD MOTOR CREDIT
FREDDIE MAC
FREDDIE MAC
FREDDIE MAC
GENERAL ELECTRIC CAPITAL
GENERAL ELECTRIC COMPANY
GEORGIA POWER
GEORGIA POWER
GMAC
GMC
GMC
GNMA-I POOL #603419
GNMA-I POOL #781130
GNMA-II POOL #2824
GNMA-II POOL #2999
GNMA-II POOL #3011
GNMA-II POOL #3334
GNR 02-45 VA
GNR 02-46 PD
GNSF POOL #598267
GNSF POOL #612376
GNSF POOL #781324
GOLDMAN SACHS
GOLDMAN SACHS
GRAND MET INVT CORP
GRUMA SA DE CV
GRUPO TELEVISA SA
GRUPO TELEVISA SA
HAROT 2002-3 A3
HERTZ CORP
HILTON HOTELS
IBM
IBM CORP
IBM CORP
ILLINOIS STATE TAXABLE PENSION
INTL BK R&D(INTPT)STRIPS
INTL BK R&D(PRNPT)STRIPS
JOHNSON & JOHNSON
KFW INTL FINANCE
KIMBERLY CLARK DE MEX
L-3 COMMUNICATIONS CORP
LOBLAW
LOBLAW
LOBLAW CO. LTD

NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC

NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
SNK

NC
NC
NC
NC
NC
NC
NC

Source: University of California, Office of the Treasurer

PAR VALUE
25,300,000
41,000,000
88,750,000
85,550,000
57,000,000
106,000,000
15,000,000
5,000,000
23,500,000
8,000,000
23,000,000
15,334,879
14,072,819
3,009,272
7,428,188
4,007,723
28,797,222
16,673,457
27,040,000
3,813,286
39,954,640
12,065,211
30,500,000
25,000,000
27,000,000
13,055,000
29,000,000
26,800,000
2,000,000
16,500,000
3,000,000
17,000,000
20,000,000
17,000,000
41,635,000
60,000,000
32,000,000
18,000,000
17,000,000
30,000,000
11,000,000
22,000,000
25,000,000
28,000,000

RATE
7.450
4.000
4.875
5.875
6.750
5.000
5.125
5.750
8.000
8.250
8.375
5.500
7.000
7.000
7.500
7.500
6.000
6.000
6.000
6.000
5.500
7.000
4.750
6.125
9.000
7.625
8.000
8.500
3.000
4.700
7.625
6.500
4.750
5.875
5.100
0.000
0.000
4.950
5.250
8.875
6.125
6.450
6.650
6.500

MATURITY
7/16/2031
6/12/2013
11/15/2013
3/21/2011
3/15/2032
2/1/2013
11/15/2012
4/15/2023
11/1/2031
7/15/2023
7/15/2033
2/15/2033
1/15/2030
10/20/2029
11/20/2030
12/20/2030
1/20/2033
4/20/2013
7/20/2007
6/15/2033
11/15/2033
7/15/2031
7/15/2013
2/15/2033
8/15/2011
10/15/2007
9/13/2011
3/11/2032
5/18/2006
10/2/2006
12/1/2012
1/15/2028
11/29/2012
11/29/2032
6/1/2033
2/15/2016
2/15/2015
5/15/2033
6/28/2006
8/1/2009
1/15/2014
2/9/2028
11/8/2027
1/22/2029

MARKET VALUE
25,524,917
38,290,719
89,642,822
92,618,997
63,325,290
107,076,959
15,228,900
4,956,802
26,283,575
9,033,440
26,686,440
15,638,304
14,995,433
3,200,193
7,931,359
4,279,198
29,960,286
17,506,421
27,810,251
3,972,581
40,745,207
12,838,066
29,658,199
25,205,999
34,432,830
14,034,125
32,335,000
28,140,000
2,020,312
16,711,200
3,360,000
18,546,320
20,028,400
17,096,050
38,282,133
31,336,800
17,881,600
16,361,099
18,191,019
36,000,000
11,000,000
17,631,663
20,512,632
22,588,927

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
Fixed Income Portfolio
December 31, 2003
DESCRIPTION
LOBLAW CO. LTD RESIDS
LOCKHEED MARTIN CORP
LORAL
M & I CAPITAL SEC.
MASCO
MELLON A CAPITAL SEC.
MERCK
MERCK
MORGAN STANLEY
NAROT 2002-C A4
NISOURCE FINANCE
NORFOLK SOUTHERN
NORWEST
OHIO POWER COMPANY
PCCW-HKTC CAP
PEMEX PRJT FDG MASTER TR 144A
PEMEX PROJECT
PEMEX PROJECT
PEMEX PROJECT
PFIZER INC
PROGRESS ENERGY
PSI ENERGY INC
REPUBLIC OF BRAZIL
REPUBLIC OF BRAZIL
RFCO STRIPS
ROYAL BK SCOTLAND
ROYAL BK SCOTLAND
RYLAND GROUP
SBC COMMUNICATIONS
SEARIVER MARITIME INC.
SOUTHERN POWER
SPIEKER PROP. REIT
SPRINT
SPRINT CAP CORP
SPRINT CAP CORP
STARWOOD HOTELS
STARWOOD HOTELS
STATE STREET BANK
STATE STREET INSTL CAP B
STATE STREET REPO
SUNCOR ENERGY
SUNCOR ENERGY
TELECOM ITALIA CAPITAL
TELEFONOS MEXICO

NC
NC
NC
NC06
NC
C
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC07
NC
NC
NC
NC

Source: University of California, Office of the Treasurer

PAR VALUE
40,000,000
9,500,000
26,300,000
12,200,000
13,000,000
16,500,000
5,000,000
11,000,000
38,000,000
12,000,000
16,500,000
13,161,000
30,000,000
4,445,000
19,000,000
13,000,000
4,000,000
13,000,000
17,000,000
5,000,000
9,000,000
13,000,000
19,000,000
26,400,000
100,000,000
24,500,000
8,000,000
8,000,000
18,500,000
103,815,000
20,000,000
30,250,000
33,000,000
3,500,000
6,000,000
2,000,000
9,500,000
11,000,000
9,000,000
1,113,500
3,000,000
18,000,000
37,000,000
15,000,000

RATE
0.000
8.500
7.000
7.650
7.125
7.720
5.950
6.400
5.300
3.330
5.400
9.000
6.750
6.600
6.000
8.625
6.125
7.375
8.000
4.650
7.000
5.000
9.250
10.000
0.000
4.700
6.400
5.375
5.875
0.000
4.875
7.250
6.875
6.375
6.900
7.375
7.875
5.250
8.035
0.700
5.950
5.950
6.375
4.500

MATURITY
5/23/2031
12/1/2029
9/15/2023
12/1/2026
8/15/2013
12/1/2026
12/1/2028
3/1/2028
3/1/2013
1/15/2008
7/15/2014
3/1/2021
12/15/2027
2/15/2033
7/15/2013
2/1/2022
8/15/2008
12/15/2014
11/15/2011
3/1/2018
10/30/2031
9/15/2013
10/22/2010
8/7/2011
1/15/2013
7/3/2018
4/1/2009
6/1/2008
8/15/2012
9/1/2012
7/15/2015
5/1/2009
11/15/2028
5/1/2009
5/1/2019
5/1/2007
5/1/2012
10/15/2018
3/15/2027
1/2/2004
12/1/2034
12/1/2034
11/15/2033
11/19/2008

MARKET VALUE
5,421,854
12,412,510
28,912,379
13,433,664
14,968,850
18,301,800
5,196,250
12,073,050
38,799,518
12,260,400
16,711,695
17,060,605
32,741,400
4,781,353
19,495,581
14,332,500
4,200,000
13,812,500
18,997,500
4,770,150
9,605,970
12,842,440
20,425,000
29,436,000
65,878,700
22,652,700
8,811,200
8,120,000
19,567,449
69,625,053
19,058,600
34,670,734
31,933,769
3,740,975
6,110,820
2,160,000
10,616,250
11,021,450
10,286,401
1,113,500
2,985,570
17,913,420
37,147,631
15,019,050

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
Fixed Income Portfolio
December 31, 2003
DESCRIPTION
TELEFONOS MEXICO
TIME WARNER ENTERTAINMENT
TIME WARNER ENTERTAINMENT
TIME WARNER INC.
TOYOTA MTR CRED
TRANSCANADA PIPELINE
U.S.BANCORP CAP A SEC.
UNITED MEXICAN STATES
UNITED MEXICAN STATES
UNITED MEXICAN STATES
UNIVISION COMM INC
UNIVISION COMM INC
US BANK NA
US BANK NA
US TREASURY BOND
US TREASURY BOND
US TREASURY BOND
US TREASURY BOND
US TREASURY BOND
US TREASURY BOND
US TREASURY NOTE
US TREASURY NOTE
US TREASURY NOTE
US TREASURY NOTE
US TREASURY NOTE
US TREASURY NOTES
US TREASURY STRIPS
US TREASURY(INTPT)STRIPS
US TREASURY(INTPT)STRIPS
VALE OVERSEAS LIMITED
VERIZON GLOBAL
VERIZON MARYLAND IN
VERIZON NY INC.
VERIZON NY INC.
VESSEL MGMT SVC TITLE XI
VIRGINIA EL&PWR
VODAFONE GROUP
VODAFONE GROUP
VODAFONE GROUP
WACHOVIA CAPITAL SEC.
WAL-MART STORES
WELLS FARGO & CO
WESTERN ATLAS
WYETH
WYETH

NC
NC
NC
NC
NC
NC
NC06
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC07
NC
NC
NC
NC
NC

Total Bond Portfolio

Source: University of California, Office of the Treasurer

PAR VALUE
32,720,000
25,000,000
10,500,000
4,800,000
4,000,000
21,320,000
19,000,000
12,000,000
24,500,000
23,300,000
7,500,000
12,000,000
19,000,000
8,000,000
521,442,000
429,000,000
409,900,000
233,750,000
102,000,000
44,462,000
16,600,000
58,025,000
103,900,000
31,800,000
311,250,000
206,000,000
50,000,000
75,000,000
100,000,000
24,000,000
25,500,000
17,500,000
25,000,000
26,870,000
14,243,500
26,500,000
4,500,000
12,500,000
11,750,000
21,000,000
16,000,000
12,500,000
16,000,000
24,900,000
10,000,000

RATE
8.250
8.375
8.875
6.875
5.650
8.290
8.270
6.375
7.500
8.125
3.875
7.850
4.800
6.375
5.250
6.000
6.250
7.875
8.125
8.750
4.000
4.875
5.750
6.000
6.500
1.625
0.000
0.000
0.000
9.000
7.750
5.125
4.750
7.375
6.080
4.750
5.000
5.375
7.750
7.965
4.550
4.950
8.550
5.500
6.450

MATURITY
1/26/2006
7/15/2033
10/1/2012
6/15/2018
1/15/2007
2/5/2026
12/15/2026
1/16/2013
4/8/2033
12/30/2019
10/15/2008
7/15/2011
4/15/2015
8/1/2011
11/15/2028
2/15/2026
8/15/2023
2/15/2021
8/15/2021
5/15/2017
11/15/2012
2/15/2012
8/15/2010
8/15/2009
2/15/2010
9/30/2005
2/15/2013
5/15/2013
5/15/2014
8/15/2013
12/1/2030
6/15/2033
10/1/2013
4/1/2032
5/20/2024
3/1/2013
12/16/2013
1/30/2015
2/15/2010
6/1/2027
5/1/2013
10/16/2013
6/15/2024
3/15/2013
2/1/2024

MARKET VALUE
36,025,701
31,577,250
13,307,700
5,285,136
4,340,760
20,455,718
22,235,510
12,510,000
25,357,500
25,921,250
7,452,975
14,073,840
18,499,160
8,904,320
525,905,559
475,512,193
467,335,192
311,333,948
139,226,940
62,342,392
16,438,482
61,456,599
116,567,489
36,007,459
361,467,084
205,948,496
33,425,499
49,358,248
61,855,000
26,160,000
29,874,525
15,022,525
24,185,000
29,539,534
15,344,238
26,189,421
4,481,415
12,608,875
13,890,615
23,823,150
15,737,120
12,442,000
20,954,586
25,821,299
10,255,200
9,828,330,754

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
TIPS Portfolio
December 31, 2003
DESCRIPTION
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX

NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC

Total TIPS Portfolio

Source: University of California, Office of the Treasurer

PAR VALUE
188,845,000
207,205,000
155,880,000
58,401,000
46,757,000
107,265,000
160,797,000
153,387,000
147,772,000
179,612,000
104,829,000

RATE
1.875
3.000
3.375
3.375
3.375
3.500
3.625
3.625
3.875
3.875
4.250

MATURITY
7/15/2013
7/15/2012
1/15/2007
1/15/2012
4/15/2032
1/15/2011
1/15/2008
4/15/2028
1/15/2009
4/15/2029
1/15/2010

MARKET VALUE
188,888,172
232,460,260
197,152,356
68,093,219
60,262,952
128,112,349
203,616,441
217,642,595
188,214,432
262,013,591
133,985,332
1,880,441,699

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
Fixed Income Portfolio
December 31, 2003
Total Fixed Income Portfolio
Cash and Equivalents

11,708,772,453
230,452,000

TOTAL UCRP FIXED INCOME PORTFOLIO

11,939,224,453

Source: University of California, Office of the Treasurer

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
BOND PORTFOLIO
December 31, 2004
DESCRIPTION
ALCAN INC
ALCAN INC
ALLSTATE CORP
ALLSTATE CORP
AMERICA MOVIL
AMERICA MOVIL SA
AMERICAN ELEC PWR INC
AMERICAN ELECTRIC POWER
AMERICAN GENERAL CAP II
AMERICAN GENERAL FINANCE
AMERICAN INTERNATIONAL GROUP
ANADARKO FINANCE
AOL TIME WARNER INC
ARCEL FINANCE LIMITED
AT&T WIRELESS
ATHABASCA OIL SANDS
BAFC 2004-1
BECTON DICKINSON
BECTON DICKINSON & CO
BELLSOUTH CORP
BELLSOUTH CORP
BELLSOUTH CORP
BELLSOUTH CORP
BOAA 2004
BOAA 2004-2 3A1
BOAMS 2004-1 2A1
BOAMS 2004-7 4A1
BP CAP MKTS AMER
BRITISH SKY BROADCASTING
BRITISH SKY BROADCASTING GRP
BRITISH TEL PLC
BURLINGTON RESOURCES
BURLINGTON RESOURCES
CANADIAN NATL RAILROAD
CANADIAN NATL RAILROAD
CELULOSA ARAUCO
CELULOSA ARAUCO
CENTEX
CINCINNATI GAS & ELEC
CINCINNATI GAS & ELEC CO
CITIGROUP
CITIGROUP INC
CITIGROUP INC
CITIGROUP INC

NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC

NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC

PAR VALUE
6,000,000
8,000,000
10,800,000
10,500,000
23,900,000
18,700,000
4,500,000
9,000,000
13,000,000
13,500,000
26,000,000
23,500,000
16,500,000
11,000,000
14,000,000
20,000,000
40,623,738
21,500,000
3,500,000
13,000,000
11,250,000
10,000,000
14,790,000
14,127,080
18,191,872
19,564,761
12,706,060
15,000,000
9,545,000
5,000,000
24,500,000
11,000,000
24,300,000
22,210,000
16,025,000
4,500,000
33,132,000
2,500,000
14,000,000
12,400,000
45,000,000
20,000,000
6,500,000
8,500,000

Source: University of California, Office of the Treasurer of The Regents

RATE
5.200
6.125
5.000
7.200
5.500
5.750
5.375
5.250
8.500
4.000
4.250
7.500
7.625
7.048
8.125
8.200
6.000
7.000
4.550
4.750
5.200
5.200
6.550
6.000
6.000
5.500
5.000
4.200
8.200
6.875
8.875
7.200
9.875
6.800
6.900
5.125
7.750
5.800
5.375
5.400
6.000
5.125
5.000
5.850

MATURITY
1/15/2014
12/15/2033
8/15/2014
12/1/2009
3/1/2014
1/15/2015
3/15/2010
6/1/2015
7/1/2030
3/15/2011
5/15/2013
5/1/2031
4/15/2031
9/1/2011
5/1/2012
4/1/2027
2/25/2034
8/1/2027
4/15/2013
11/15/2012
9/15/2014
12/15/2016
6/15/2034
2/25/2034
3/25/2034
2/25/2034
8/25/2019
6/15/2018
7/15/2009
2/23/2009
12/15/2030
8/15/2031
6/15/2010
7/15/2018
7/15/2028
7/9/2013
9/13/2011
9/15/2009
6/15/2033
6/15/2033
10/31/2033
5/5/2014
9/15/2014
12/11/2034

MARKET VALUE
6,157,274
8,508,343
10,850,001
11,897,015
23,765,442
18,739,083
4,692,085
9,022,327
17,374,674
13,066,729
25,112,385
28,948,431
19,958,662
11,241,560
16,916,739
24,281,576
41,623,537
25,134,986
3,464,397
13,096,879
11,474,014
10,054,628
16,113,507
14,487,167
18,656,367
19,659,073
12,807,769
13,782,671
11,032,030
5,484,181
32,724,480
13,150,703
30,789,373
26,176,784
18,510,539
4,453,096
38,285,655
2,646,447
13,328,047
11,842,496
46,472,381
20,486,218
6,525,213
8,762,228

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
BOND PORTFOLIO
December 31, 2004
DESCRIPTION
CITIGROUP INC
CLEAR CHANNEL COMMUNICATION
CLEAR CHANNEL COMMUNICATIONS
CLEAR CHANNEL COMMUNICATIONS
CMSI 2004-5 23A5
CODELCO INC
CODELCO INC
COMCAST CABLE COMMUNICATIONS
COMCAST CORP
COMCAST CORP
COMCAST CORP
COMCAST CORP
COSOLIDATED NATURAL GAS
COUNTRYWIDE FINANCIAL
COX COMMUNICATIONS INC NEW
COX COMMUNICATIONS INC.
CRH AMERICA
CRH AMERICA
CWHL 2003-50 A1
D.R. HORTON INC.
DAIMLERCHRYS NA
DANA CORPORATION
DELHAIZE AMER INC
DEV BANK SINGAPORE
DEVELOPERS DIVERS REALTY
DIAGEO FINANCE
DIAMLERCHRYSLER NA HLDG
DR HORTON INC
DR HORTON INC.
EATON CORP
EMPRESA NACIONAL DE ELCTRCID
ENBRIDGE ENERGY PARTNERS L P
ENCANA CORP
ENERSIS SA
ENTERPRISE PRODUCTS
ENTERPRISE PRODUCTS
ENTERPRISE PRODUCTS OPER
EOP OPERATING LP
ERAC USA FINANCE
FANNIE MAE
FANNIE MAE
FANNIE MAE
FANNIE MAE
FEDERAL HOME LOAN BANK

NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC

PAR VALUE
15,000,000
7,000,000
4,000,000
9,500,000
19,434,195
13,500,000
15,000,000
18,200,000
6,750,000
6,800,000
29,200,000
19,500,000
12,000,000
7,800,000
14,400,000
9,800,000
10,700,000
25,000,000
16,128,941
17,500,000
8,650,000
7,400,000
12,850,000
22,500,000
12,550,000
32,000,000
4,500,000
2,900,000
8,600,000
8,750,000
4,500,000
19,100,000
19,000,000
27,000,000
7,500,000
15,250,000
4,000,000
17,500,000
28,000,000
308,000,000
148,960,000
185,300,000
34,700,000
55,500,000

Source: University of California, Office of the Treasurer of The Regents

RATE
6.000
5.500
4.250
4.400
4.500
4.750
6.375
8.875
5.500
5.850
6.500
7.050
5.000
4.000
5.500
4.625
5.300
6.400
5.000
5.625
8.500
5.850
9.000
5.000
5.250
3.875
6.500
5.000
5.625
8.100
8.500
4.750
6.500
7.375
6.650
6.875
4.625
4.650
6.700
3.875
4.000
5.125
5.250
5.375

MATURITY
2/21/2012
9/15/2014
5/15/2009
5/15/2011
8/25/2034
10/15/2014
11/30/2012
5/1/2017
3/15/2011
1/15/2010
1/15/2015
3/15/2033
3/1/2014
3/22/2011
10/1/2015
1/15/2010
10/15/2013
10/15/2033
11/25/2018
1/15/2016
1/18/2031
1/15/2015
4/15/2031
11/15/2019
4/15/2011
4/1/2011
11/15/2013
1/15/2009
9/15/2014
8/15/2022
4/1/2009
6/1/2013
8/15/2034
1/15/2014
10/15/2034
3/1/2033
10/15/2009
10/1/2010
6/1/2034
11/17/2008
12/15/2008
1/2/2014
8/1/2012
2/15/2007

MARKET VALUE
16,419,008
7,016,004
3,954,707
9,207,725
19,197,341
13,243,420
16,540,523
23,802,203
7,123,329
7,251,932
32,408,554
22,280,010
12,088,505
7,561,300
14,319,953
9,798,300
10,949,479
27,065,491
16,274,714
17,215,625
10,737,508
7,326,000
16,625,330
22,331,025
12,771,916
31,226,731
4,865,296
2,921,750
8,578,500
11,301,246
5,118,721
18,646,589
20,883,412
29,426,490
7,728,275
16,176,624
3,983,020
17,569,402
30,140,507
306,520,522
148,775,170
189,274,907
36,036,450
57,726,765

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
BOND PORTFOLIO
December 31, 2004
DESCRIPTION
FEDERAL NATL MTG ASSN
FEDERAL NATL MTG ASSN
FGCI PL B14157
FGCI POOL #B10827
FGCI POOL #B11815
FGCI POOL #B13457
FGCI POOL #E01084
FGCI POOL #E01098
FGCI POOL #E01251
FGCI POOL #E01311
FGCI POOL #E01537
FGLMC POOL # C79601
FGLMC POOL #A12330
FGLMC POOL #A12886
FGLMC POOL #A14235
FGLMC POOL #A14282
FGLMC POOL #C01404
FGLMC POOL #C76289
FGLMC POOL #C77031
FGLMC POOL #G01674
FGLMC POOL 78907
FGLMC POOL C01676
FGTW POOL C90847
FGTW POOL C90865
FHARM POOL #781285
FHLG POOL #C62885
FHR 2567 MC
FHR 2601 TA
FIFTH THIRD BANK
FIRSTENERGY CORP
FIRSTENERGY CORP
FIRSTENERGY CORP
FLORIDA POWER
FNARM POOL #555893
FNARM POOL #746038
FNARM POOL #748088
FNARM POOL #759753
FNARM POOL #767500
FNARM POOL #770305
FNARM POOL #770306
FNCI POOL #254308
FNCI POOL #254373
FNCI POOL #254719
FNCI POOL #254804

NC
NC

NC
NC
NC
NC
NC

PAR VALUE
200,000,000
90,600,000
11,945,977
43,210,195
22,514,111
20,201,050
8,284,300
13,818,746
12,581,047
10,601,546
2,421,776
8,481,200
21,669,641
39,863,669
32,249,782
11,363,855
20,427,173
9,777,951
24,243,882
17,851,934
7,097,867
56,552,719
19,071,705
16,285,370
17,842,082
7,752,066
6,148,550
12,238,336
25,000,000
4,200,000
2,360,000
26,500,000
18,000,000
20,969,003
9,000,095
4,252,254
7,582,954
5,272,618
5,087,492
8,285,016
1,651,357
1,174,516
29,715,764
9,673,455

Source: University of California, Office of the Treasurer of The Regents

RATE
3.750
4.625
4.000
4.500
4.500
4.500
5.500
6.000
5.500
5.500
4.500
5.000
5.000
5.000
5.000
5.000
6.500
6.000
6.000
5.500
5.000
6.000
6.000
6.000
4.780
6.500
4.000
4.000
3.375
5.500
6.450
7.375
5.100
3.917
4.725
4.095
5.036
4.485
4.422
4.432
6.500
6.500
4.500
5.500

MATURITY
9/15/2008
5/1/2013
5/1/2019
11/1/2018
1/1/2019
1/1/2019
1/1/2017
2/1/2017
11/1/2017
2/1/2018
12/1/2018
5/1/2033
8/1/2033
8/1/2033
10/1/2033
10/1/2033
10/1/2032
1/1/2033
3/1/2033
4/1/2034
5/1/2033
11/1/2033
8/1/2024
11/1/2024
2/1/2034
1/1/2032
12/15/2032
10/15/2022
8/15/2008
11/15/2006
11/15/2011
11/15/2031
12/1/2015
10/1/2033
1/1/2034
9/1/2033
1/1/2034
3/1/2034
4/1/2034
3/1/2034
5/1/2017
7/1/2017
4/1/2018
7/1/2018

MARKET VALUE
198,908,400
89,787,898
11,686,690
43,208,069
22,513,003
20,156,416
8,561,789
14,488,061
12,999,949
10,955,716
2,421,657
8,453,738
21,599,474
39,734,590
32,145,356
11,327,058
21,411,579
10,099,828
25,041,957
18,157,727
7,074,884
58,414,356
19,806,680
16,912,967
18,012,438
8,125,646
6,152,627
12,099,134
24,636,807
4,325,442
2,558,711
30,153,224
18,076,672
20,777,681
9,106,782
4,227,693
7,722,223
5,294,088
5,092,977
8,295,596
1,749,255
1,244,145
29,716,264
10,003,442

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
BOND PORTFOLIO
December 31, 2004
DESCRIPTION
FNCI POOL #545125
FNCI POOL #545296
FNCI POOL #555813
FNCI POOL #639018
FNCI POOL #645562
FNCI POOL #651388
FNCI POOL #652610
FNCI POOL #681357
FNCI POOL #681405
FNCI POOL #687579
FNCI POOL #689076
FNCI POOL #689080
FNCI POOL #689584
FNCI POOL #689613
FNCI POOL #689619
FNCI POOL #689620
FNCI POOL #689621
FNCI POOL #694431
FNCI POOL #695916
FNCI POOL #702895
FNCI POOL #704939
FNCI POOL #709844
FNCI POOL #730016
FNCI POOL #737040
FNCI POOL #737043
FNCI POOL #738691
FNCI POOL #747799
FNCI POOL #748727
FNCI POOL #755497
FNCL PL 255458
FNCL PL 763681
FNCL POO1 #748794
FNCL POOL #545759
FNCL POOL #555329
FNCL POOL #662707
FNCL POOL #662950
FNCL POOL #669991
FNCL POOL #676919
FNCL POOL #676956
FNCL POOL #677508
FNCL POOL #677685
FNCL POOL #682059
FNCL POOL #683160
FNCL POOL #684745

PAR VALUE
4,015,121
8,149,202
22,303,514
3,195,188
3,621,542
2,228,505
18,380,368
18,561,118
16,922,773
1,215,804
3,219,298
18,769,903
5,776,522
5,077,188
2,455,353
6,368,791
8,432,890
27,255,943
26,222,876
46,095,154
4,597,163
11,385,195
16,940,832
3,529,869
3,704,550
2,658,279
28,540,673
5,675,529
8,516,814
29,591,192
8,615,014
8,640,474
16,149,680
31,412,463
3,050,588
4,602,429
1,306,109
2,370,959
14,538,252
3,660,289
11,758,032
7,270,835
3,597,748
19,141,304

Source: University of California, Office of the Treasurer of The Regents

RATE
6.000
6.000
4.000
6.500
6.500
6.500
5.000
5.000
5.000
6.500
5.000
5.000
5.500
4.500
4.500
5.000
4.500
5.000
5.000
5.000
5.500
5.000
4.000
4.500
4.500
6.000
5.500
5.500
5.500
5.500
5.500
6.500
6.500
5.000
6.500
6.500
5.500
6.000
5.000
6.000
5.000
5.500
6.000
6.500

MATURITY
8/1/2016
11/1/2016
10/1/2018
4/1/2017
6/1/2032
8/1/2017
4/1/2018
3/1/2018
3/1/2018
4/1/2033
6/1/2018
6/1/2018
2/1/2018
5/1/2018
6/1/2018
6/1/2018
6/1/2018
3/1/2018
5/1/2018
4/1/2018
4/1/2018
5/1/2018
4/1/2018
10/1/2018
10/1/2018
10/1/2033
12/1/2018
10/1/2018
11/1/2018
11/1/2034
1/1/2034
11/1/2033
7/1/2032
4/1/2033
10/1/2032
2/1/2033
2/1/2033
1/1/2033
1/1/2033
1/1/2033
2/1/2033
4/1/2033
2/1/2033
4/1/2033

MARKET VALUE
4,207,201
8,539,051
21,795,688
3,384,609
3,793,725
2,360,619
18,698,037
18,881,911
17,215,250
1,272,945
3,274,937
19,094,304
5,973,575
5,077,273
2,455,395
6,478,863
8,433,033
27,727,008
26,676,087
46,891,818
4,753,985
11,581,965
16,555,109
3,529,928
3,704,612
2,747,215
29,514,271
5,869,136
8,807,344
30,060,823
8,755,920
9,046,561
16,917,501
31,271,745
3,195,626
4,821,247
1,327,472
2,450,442
14,495,585
3,782,749
11,705,360
7,389,755
3,718,115
20,040,911

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
BOND PORTFOLIO
December 31, 2004
DESCRIPTION
FNCL POOL #689108
FNCL POOL #694517
FNCL POOL #702449
FNCL POOL #705209
FNCL POOL #709519
FNCL POOL #710141
FNCL POOL #721211
FNCL POOL #726054
FNCL POOL #747817
FNCL POOL #748767
FNCL POOL #748768
FNCL POOL #748795
FNCL POOL #749770
FNCL POOL #753035
FNCL POOL #753093
FNCL POOL #753412
FNCL POOL #753466
FNCL POOL #753595
FNCL POOL #757113
FNCL POOL #766748
FNCL POOL #790927
FNCL POOL #793349
FNCL POOL #794921
FNCL POOL #794967
FNCL POOL #794978
FNCL POOL 793999
FNCL POOL 794256
FNCLTBA
FNCT POOL #255417
FNCT POOL #255511
FNCT POOL #747580
FNGT 2004-T1
FNGT 2004-T3
FNMA POOL #254147
FNMA POOL #545506
FNMA POOL #545872
FNMA POOL #555139
FNMA POOL #555273
FNMA POOL #555969
FNMA POOL #581706
FNMA POOL #597545
FNMA POOL #633857
FNMA POOL #633865
FNMA POOL #635030

PAR VALUE
30,170,864
31,846,785
14,693,015
16,491,979
27,452,431
9,311,959
16,218,578
16,971,349
35,665,538
14,220,536
4,875,148
3,798,494
12,316,665
175,258
12,745,049
13,820,706
8,403,233
16,037,991
3,432,867
23,863,184
12,910,111
55,947,382
132,193,329
11,640,876
23,839,468
26,591,953
46,587,919
578,803
23,045,868
10,558,730
6,828,327
18,573,474
26,861,482
1,340,757
5,774,637
29,274,445
18,748,282
1,309,627
22,766,572
3,992,563
2,442,548
4,531,052
1,323,776
9,454,299

Source: University of California, Office of the Treasurer of The Regents

RATE
5.500
5.500
6.000
5.500
5.500
5.500
5.000
5.500
4.500
6.500
7.000
7.000
6.000
6.500
6.500
5.500
5.500
6.000
6.000
5.500
6.000
6.000
5.500
5.500
5.500
5.500
5.500
6.500
6.000
6.000
6.000
6.500
7.000
6.500
7.000
6.500
6.500
6.500
4.000
6.500
6.500
7.000
7.000
6.500

MATURITY
2/1/2033
4/1/2033
6/1/2033
5/1/2033
6/1/2033
5/1/2033
6/1/2033
6/1/2033
11/1/2018
11/1/2033
11/1/2033
11/1/2033
11/1/2033
12/1/2033
12/1/2033
11/1/2033
11/1/2033
11/1/2033
12/1/2033
3/1/2034
9/1/2034
8/1/2034
10/1/2034
10/1/2034
10/1/2034
9/1/2034
9/1/2034
5/1/2034
9/1/2024
11/1/2024
11/1/2023
1/25/2044
2/25/2044
1/1/2032
2/1/2032
7/1/2032
10/1/2032
12/1/2032
12/1/2018
7/1/2031
9/1/2031
3/1/2032
3/1/2032
5/1/2032

MARKET VALUE
30,664,334
32,367,665
15,184,587
16,761,719
27,901,438
9,464,263
16,145,924
17,248,929
35,666,139
14,888,876
5,151,498
4,013,813
12,728,734
183,494
13,344,044
14,046,755
8,540,674
16,574,561
3,547,718
24,241,908
13,346,936
57,840,410
134,291,321
11,825,624
24,217,816
27,013,985
47,327,299
606,321
23,932,986
10,965,174
7,088,677
19,552,209
28,464,710
1,404,394
6,109,056
30,666,271
19,639,651
1,371,787
22,248,203
4,182,066
2,558,481
4,793,453
1,400,438
9,903,794

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
BOND PORTFOLIO
December 31, 2004
DESCRIPTION
FNMA POOL #640008
FNMA POOL #672415
FNMA POOL #676868
FNMA POOL #753077
FNMA-POOL #627118
FNR 03-18 PA
FNR 03-19 ME
FNR 03-42 CA
FNR 03-58 MC
FNR 03-63 GU
FNR 03-63 TJ
FNR 2003-20
FORD MOTOR CREDIT
FORD MOTOR CREDIT
FORD MOTOR CREDIT
FORD MOTOR CREDIT CO
FREDDIE MAC
FREDDIE MAC
FREDDIE MAC
GENERAL ELECTRIC CAPITAL
GENERAL ELECTRIC COMPANY
GENERAL MOTORS
GENERAL MOTORS
GEORGIA POWER
GEORGIA POWER
GMAC
GMAC
GMAC
GNMA-I POOL #603419
GNMA-I POOL #781130
GNMA-II POOL #2824
GNMA-II POOL #2999
GNMA-II POOL #3011
GNSF POOL #598267
GNSF POOL #612376
GNSF POOL #621888
GNSF POOL #627135
GNSF POOL #781324
GOLDMAN SACHS
GOLDMAN SACHS
GOLDMAN SACHS
GRAND MET INVT CORP
GRUPO TELEVISA SA
GRUPO TELEVISA SA

NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC

NC
NC
NC
NC
NC
NC

PAR VALUE
4,808,742
6,400,339
7,227,402
4,243,354
14,296,910
6,952,238
5,023,331
2,993,068
7,757,610
13,976,508
48,494,584
2,218,908
15,000,000
3,000,000
11,500,000
11,000,000
450,000,000
303,000,000
50,000,000
92,000,000
79,750,000
30,700,000
4,500,000
15,000,000
5,000,000
6,800,000
30,410,000
5,500,000
12,684,033
7,535,151
1,594,969
3,638,392
1,937,742
3,373,199
36,639,363
5,538,074
5,553,490
5,893,025
30,500,000
30,000,000
7,000,000
13,000,000
5,000,000
28,963,000

Source: University of California, Office of the Treasurer of The Regents

RATE
7.000
6.500
6.000
6.500
7.000
4.000
4.000
4.000
3.750
4.000
3.000
4.500
6.625
7.375
7.450
5.700
4.250
5.000
6.250
6.750
5.000
8.250
8.375
5.125
5.750
6.750
6.875
8.000
5.500
7.000
7.000
7.500
7.500
6.000
5.500
6.000
5.000
7.000
4.750
5.150
6.125
9.000
8.000
8.500

MATURITY
4/1/2032
9/1/2032
1/1/2033
12/1/2033
3/1/2032
7/25/2032
3/25/2031
5/25/2033
7/25/2033
7/25/2033
8/25/2032
3/25/2031
10/1/2028
2/1/2011
7/16/2031
1/15/2010
5/4/2009
1/30/2014
3/5/2012
3/15/2032
2/1/2013
7/15/2023
7/15/2033
11/15/2012
4/15/2023
12/1/2014
8/28/2012
11/1/2031
2/15/2033
1/15/2030
10/20/2029
11/20/2030
12/20/2030
6/15/2033
11/15/2033
1/15/2034
3/15/2034
7/15/2031
7/15/2013
1/15/2014
2/15/2033
8/15/2011
9/13/2011
3/11/2032

MARKET VALUE
5,087,224
6,704,637
7,469,690
4,442,784
15,124,868
6,796,111
5,020,164
2,926,870
7,481,038
14,014,576
45,770,599
2,230,033
13,855,202
3,231,430
11,452,996
11,090,726
450,961,110
303,779,195
52,235,015
107,464,721
81,835,498
31,943,555
4,628,908
15,345,737
5,061,566
6,771,002
30,742,361
5,606,255
12,966,665
7,998,728
1,690,521
3,891,662
2,072,629
3,495,574
37,455,779
5,738,989
5,563,989
6,253,133
30,186,939
30,414,347
7,219,027
16,390,043
5,800,000
33,452,265

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
BOND PORTFOLIO
December 31, 2004
DESCRIPTION
GSR 2004-2F 14A1
HARRAHS OPERATING CO
HERTZ CORP
HILTON HOTELS
HUTCH WHAM INTL LTD
HUTCHISON WHAMP INTL LTD.
IBM CORP
IBM CORP
ILLINOIS STATE TAXABLE PENSION
INTL BK R&D(INTPT)STRIPS
INTL BK R&D(PRNPT)STRIPS
JERSEY CENT PWR & LT CO
KFW INTL FINANCE
KIMBERLY CLARK DE MEX
L 3 COMMUNICATIONS CORP
L-3 COMMS CORP
LOBLAW
LOBLAW CO. LTD
LOBLAW CO. LTD RESIDS
LOCKHEED MARTIN CORP
LORAL
LUBRIZOL CORP
LUBRIZOL CORP
M & I CAPITAL SEC.
MASCO
MASTR 2003-10 1A1
MASTR 2003-7 1A2
MELLON A CAPITAL SEC.
MGM GRAND
MGM MIRAGE
MORGAN STANLEY
MSM 2004-3
MSSTR 2004-2
NEW BRUNSWICK PROV CDA
NEWS AMER INC
NEWS AMER INC.
NEWS AMERICA HOLDINGS
NEXTEL COMMUNICATIONS
NISOURCE FINANCE
NORFOLK SOUTHERN
OHIO POWER
PACIFIC GAS & ELECTRIC
PACIFIC GAS & ELECTRIC
PEARSON PLC (U.K.) RULE 144A.

NC
NC
NC
NC
NC
NC
NC
SNK 24
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC06
NC

NC06
NC
NC
NC

NC
NC
NC
NC
3/09@
NC
NC
NC
NC
NC
NC

PAR VALUE
11,491,231
15,750,000
16,500,000
3,000,000
9,450,000
8,300,000
20,000,000
21,200,000
16,635,000
60,000,000
32,000,000
5,000,000
17,000,000
30,000,000
8,700,000
13,300,000
25,000,000
28,000,000
40,000,000
9,500,000
26,300,000
14,250,000
2,500,000
12,200,000
6,000,000
56,979,893
12,731,636
16,500,000
11,000,000
14,175,000
50,750,000
23,384,454
100,000,000
5,000,000
8,000,000
9,000,000
21,700,000
4,500,000
6,500,000
13,161,000
9,745,000
8,000,000
12,000,000
10,000,000

Source: University of California, Office of the Treasurer of The Regents

RATE
5.500
5.500
4.700
7.625
6.250
7.450
4.750
6.220
5.100
0.000
0.000
5.625
5.250
8.875
6.125
5.875
6.650
6.500
0.000
8.500
7.000
4.625
6.500
7.650
7.125
5.500
5.500
7.720
6.000
6.750
4.750
6.000
6.500
3.500
6.550
6.200
7.700
5.950
5.400
9.000
6.600
4.200
4.800
4.700

MATURITY
9/25/2019
7/1/2010
10/2/2006
12/1/2012
1/24/2014
11/24/2033
11/29/2012
8/1/2027
6/1/2033
2/15/2016
2/15/2015
5/1/2016
6/28/2006
8/1/2009
1/15/2014
1/15/2015
11/8/2027
1/22/2029
5/23/2031
12/1/2029
9/15/2023
10/1/2009
10/1/2034
12/1/2026
8/15/2013
11/25/2033
9/25/2033
12/1/2026
10/1/2009
9/1/2012
4/1/2014
4/25/2034
12/1/2034
10/23/2007
3/15/2033
12/15/2034
10/30/2025
3/15/2014
7/15/2014
3/1/2021
2/15/2033
3/1/2011
3/1/2014
6/1/2009

MARKET VALUE
11,778,062
16,348,845
16,667,730
3,505,573
9,929,111
9,157,031
20,398,039
23,201,979
15,979,082
33,564,708
19,297,885
5,215,469
17,500,310
35,362,998
8,961,000
13,266,750
22,692,420
24,960,984
6,533,788
12,975,448
30,030,718
14,228,645
2,522,663
13,122,710
6,935,107
57,336,274
12,810,339
17,907,366
11,275,000
14,919,188
49,455,660
23,985,542
103,171,875
5,006,068
8,519,947
9,165,780
25,803,605
4,657,500
6,661,366
17,698,555
10,928,739
7,905,770
11,939,257
10,163,892

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
BOND PORTFOLIO
December 31, 2004
DESCRIPTION
PEMEX PRJ FDG MASTER TR 144A
PEMEX PROJECT
PEMEX PROJECT
PEMEX PROJECT
PETROBRAS INTL FINANCE
PETRO-CANADA
PFIZER INC
PROGRESS ENERGY
PSI ENERGY INC
RALI 2004-QS6 A
RBS CAPITAL TRUST III
REPUBLIC OF BRAZIL
REPUBLIC OF BRAZIL
REPUBLIC OF BRAZIL
RFCO STRIPS
RFCO STRIPS
RFMSI 2003-28 A1
RFMSI 2004-S9
ROYAL BK SCOTLAND
ROYAL CARIBBEAN CRUISES
ROYAL CARIBBEAN CRUISES
RYLAND GROUP
S A S C 2003-20 1A1
SASC 2003-30 1A1
SEARIVER MARITIME INC.
SHAW
SHAW COMMUNICATIONS INC
SIMON PROPERTY GROUP
SOUTHERN POWER
SPRINT
SPRINT CAP CORP
STATE STREET BANK
STATE STREET INSTL CAP B
STRIP PRINCIPAL
STRIPS
SUNCOR ENERGY
SUNCOR ENERGY
TELECOM ITALIA CAPITAL
TELECOM ITALIA CAPITAL
TELEFONOS MEXICO
TENGIZCHEVROIL LLP
TIME WARNER ENTERTAINMENT
TIME WARNER ENTERTAINMENT
TIME WARNER INC.

NC
NC
NC
NC
NC
NC
NC
NC
NC
9/14@
NC
NC
NC
NC
NC

NC
NC
NC
NC

NC
NC
NC
NC
NC
NC
NC
NC
NC07
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC

PAR VALUE
29,700,000
8,250,000
4,000,000
14,500,000
5,500,000
11,500,000
5,000,000
16,000,000
13,000,000
37,067,438
28,900,000
4,500,000
3,000,000
7,050,000
111,500,000
105,000,000
9,910,615
16,000,000
8,000,000
7,250,000
3,525,000
12,750,000
33,235,278
39,606,844
43,815,000
18,000,000
8,555,000
8,390,000
20,000,000
43,000,000
19,650,000
3,500,000
9,000,000
922,500,000
198,500,000
3,000,000
18,000,000
3,800,000
52,000,000
11,900,000
13,300,000
43,375,000
30,750,000
8,500,000

Source: University of California, Office of the Treasurer of The Regents

RATE
8.625
6.125
7.375
8.000
7.750
5.000
4.650
7.000
5.000
5.000
5.512
8.875
9.250
10.000
0.000
0.000
5.000
5.500
6.400
6.875
7.500
5.375
5.500
5.500
0.000
7.500
7.200
4.875
4.875
6.875
6.900
5.250
8.035
0.000
0.000
5.950
5.950
4.000
6.375
4.500
6.124
8.375
8.375
6.875

MATURITY
2/1/2022
8/15/2008
12/15/2014
11/15/2011
9/15/2014
11/15/2014
3/1/2018
10/30/2031
9/15/2013
5/25/2019
9/29/2049
10/14/2019
10/22/2010
8/7/2011
4/15/2016
10/15/2017
5/25/2018
12/1/2034
4/1/2009
12/1/2013
10/15/2027
6/1/2008
7/25/2033
10/25/2033
9/1/2012
11/20/2013
12/15/2011
8/15/2010
7/15/2015
11/15/2028
5/1/2019
10/15/2018
3/15/2027
8/15/2017
8/15/2017
12/1/2034
12/1/2034
1/15/2010
11/15/2033
11/19/2008
11/15/2014
3/15/2023
7/15/2033
6/15/2018

MARKET VALUE
34,526,250
8,745,000
4,440,000
16,675,000
5,788,750
11,474,295
4,805,185
17,605,008
12,982,467
37,409,248
29,561,837
4,740,750
3,352,500
8,170,950
64,923,651
55,711,194
9,998,933
16,102,500
8,727,535
7,830,000
3,846,656
13,260,000
33,440,865
39,856,794
31,290,803
16,140,304
9,442,581
8,551,759
19,686,986
47,069,978
21,939,871
3,510,544
10,451,596
510,714,450
109,423,125
3,140,097
18,840,585
3,724,022
53,600,986
12,005,791
13,333,250
54,376,452
39,771,659
9,593,550

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
BOND PORTFOLIO
December 31, 2004
DESCRIPTION
TOYOTA MTR CRED
NC
TRANS - CANADA PL
NC
TRANSCANADA PIPELINE
NC
U S TREAS BD STRIPPED PRIN
NC
U S TREAS BD STRIPPED PRIN
NC
U S TREAS BD STRIPPED PRIN
NC
U S TREAS SEC STRIPPED INT PRIN
NC
U S TREASURY BILL
U.S.BANCORP CAP A SEC.
NC06
UNION ELECTRIC
NC
UNITED MEXICAN STATES
NC
UNITED MEXICAN STS MTN BE
NC
UNITED STATES MEXICAN
NC
UNIVISION COMM INC
NC
US BANK NA
NC
US TREASURY BONDS
NC
US TREASURY BONDS
NC
US TREASURY NOTES
NC
US TREASURY NOTES
NC
US TREASURY STRIP
NC
US TREASURY STRIPS
NC
US TREASURY(INPUT)STRIPS
NC
US TREASURY(INTPT)STRIPS
NC
VALE OVERSEAS LIMITED
NC
VERIZON GLOBAL
NC
VERIZON NEW ENGLAND INC.
NC
VERIZON NY INC.
NC
VESSEL MGMT SVC TITLE XI
NC
VIRGINIA EL&PWR
NC
VODAFONE GROUP
NC
VODAFONE GROUP
NC
WACHOVIA CAPITAL SEC.
NC07
WELLS FARGO & CO
NC
WELLS FARGO COMPANY
NC
WFMBS 2003-6 1A1
WFMBS 2004-7 1A1
WFMBS 2004-7 2A1
WORLD SAV BK FSB
NC
XTO ENERGY INC
NC
TOTAL BOND PORTFOLIO
Cash and Equivalents
TOTAL UCRP BOND PORTFOLIO

PAR VALUE
4,000,000
7,000,000
21,320,000
350,000,000
700,000,000
300,000,000
300,000,000
7,617,000
19,000,000
12,000,000
7,200,000
22,810,000
14,200,000
7,500,000
12,500,000
7,750,000
26,900,000
63,700,000
258,650,000
150,000,000
112,000,000
160,000,000
200,000,000
23,300,000
27,100,000
16,400,000
12,930,000
13,548,500
26,500,000
12,500,000
5,000,000
21,000,000
12,500,000
17,500,000
9,019,304
9,828,698
19,171,522
13,000,000
14,500,000

Source: University of California, Office of the Treasurer of The Regents

RATE
5.650
4.875
8.290
0.000
0.000
0.000
0.000
0.000
8.270
5.100
8.125
4.625
6.750
3.875
4.800
7.875
8.875
5.750
6.500
0.000
0.000
0.000
0.000
8.250
7.750
4.750
7.375
6.080
4.750
5.375
7.750
7.965
4.950
5.125
5.000
4.500
4.500
4.125
5.000

MATURITY
1/15/2007
1/15/2015
2/5/2026
11/15/2016
11/15/2024
2/15/2025
11/15/2024
2/24/2005
12/15/2026
10/1/2019
12/30/2019
10/8/2008
9/27/2034
10/15/2008
4/15/2015
2/15/2021
2/15/2019
8/15/2010
2/15/2010
2/15/2013
2/15/2018
5/15/2017
2/15/2017
1/17/2034
12/1/2030
10/1/2013
4/1/2032
5/20/2024
3/1/2013
1/30/2015
2/15/2010
6/1/2027
10/16/2013
9/15/2016
6/25/2018
7/25/2019
7/25/2019
12/15/2009
1/31/2015

MARKET VALUE
4,202,436
6,976,243
22,665,901
202,779,514
256,235,000
108,231,000
109,161,003
7,594,149
21,033,465
11,915,056
8,478,000
23,117,935
14,022,500
7,457,279
12,400,793
10,473,583
38,724,971
70,136,251
292,846,119
106,663,502
59,969,279
89,849,597
113,520,004
24,523,250
33,648,333
15,977,082
14,885,808
14,765,291
26,289,239
12,948,995
5,810,753
24,216,788
12,678,676
17,554,853
9,108,793
9,741,712
19,001,851
13,032,961
14,399,853
9,933,633,515
797,523,750
10,731,157,265

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
TIPS PORTFOLIO
December 31, 2004
DESCRIPTION
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX
TREASURY INFLATION INDEX

NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC

PAR VALUE
114,200,000
192,017,000
200,865,000
180,845,000
104,660,000
212,075,000
158,524,000
60,184,000
48,200,000
110,629,000
165,870,000
158,033,000
151,682,000
184,758,000
108,144,000

TOTAL TIPS PORTFOLIO
Cash and Equivalents
TOTAL UCRP TIPS PORTFOLIO

Source: University of California, Office of the Treasurer of The Regents

RATE
0.875
1.875
2.000
2.000
2.375
3.000
3.375
3.375
3.375
3.500
3.625
3.625
3.875
3.875
4.250

MATURITY
4/15/2010
7/15/2013
1/15/2014
7/15/2014
1/15/2025
7/15/2012
1/15/2007
1/15/2012
4/15/2032
1/15/2011
1/15/2008
4/15/2028
1/15/2009
4/15/2029
1/15/2010

MARKET VALUE
113,925,475
205,221,054
214,807,683
188,957,897
113,212,707
251,231,948
202,311,981
73,669,137
68,540,952
137,795,555
213,541,594
244,606,297
197,975,412
294,062,992
142,314,649
2,662,175,333
272,000
2,662,447,333

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
BOND PORTFOLIO
December 31, 2004
DESCRIPTION
TOTAL UCRP BOND PORTFOLIO
TOTAL UCRP TIPS PORTFOLIO
Cash and Equivalents
TOTAL UCRP BOND PORTFOLIO

Portfolio market values do not include accruals.
Source: University of California, Office of the Treasurer of The Regents

MARKET VALUE
10,731,157,265
2,662,447,333
798,195,750
14,191,800,348

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
Public Equities
December 31, 2003
ISSUER
PRIVATE EQUITY DISTRIBUTIONS
CGI EMERGING MARKETS GF
EAFE INDEX FUND
TEMPLETON EMERGING MKTS
GENESIS EMERGING MARKETS
GMO EMERGING MARKETS FUND
RUSSELL 3000 INDEX FUND
RUSSELL 3000 INDEX TRANS FUNDS

SHARES

MARKET VALUE

1,075,970
4,543,262
32,182,106
4,511,938
543,487
652,378
131,477,096
43,825,699

8,982,741
277,547,895
2,834,350,824
54,910,287
114,522,611
9,629,093
17,209,680,654
5,736,560,246

Total Public Equities
% of Portfolio

Source: University of California, Office of the Treasurer

26,246,184,351
97.9%

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
Private Equity
December 31, 2003
ISSUER
ACCEL VIII
AIG ASIAN INFRASTRUCTURE
AIG ASIAN INFRASTRUCTURE II
AIG GE CAP LATIN AMER
AIG INDIAN SEC. EQUITY
ALTA S D III
ARSENAL CAPITAL PARTNERS QPF
BLACKSTONE CAPITAL PARTNERS IV
CHINA VEST IV
DE NOVO VENTURES II LP
DELPHI MANAGEMENT PARTNERS, L.P.
DOMAIN PARTNERS VI, L.P.
FREMONT PARTNERS III LP
GLOBESTPAN CAPITAL PARTNERS IV
GOLDER THOMA CRESSEY III
GOLDER THOMA CRESSEY IV
GOLDER THOMA CRESSEY V
HUMMER WINBLAD III
INSTITUTIONAL VENTURE IV
INSTITUTIONAL VENTURE V
INSTITUTIONAL VENTURE VI
INSTITUTIONAL VENTURE VII
INSTITUTIONAL VENTURE VIII
INTERSOUTH PARTNERS V
INTERSOUTH PARTNERS VI, L.P.
INTERWEST PARTNERS IV
INTERWEST PARTNERS V
INTERWEST PARTNERS VI
INTERWEST PARTNERS VII
INTERWEST PARTNERS VIII
INVERNESS PARTNERS II L.P.
INVESTMENT CO OF CHINA
KPCB II
KPCB II ANNEX FUND
KPCB IX-A
KPCB VI
KPCB VII
KPCB VIII
KPCB X-A
LAKE CAPITAL PARTNERS LP
LATIN AMER CAP PART II
LIGHTHOUSE CAPITAL PARTNERS V LP
LINDSAY GOLDBERG & BESSEMER L.P.
MADISON DEARBORN CAPITAL IV, LP
MAYFIELD VII
MAYFIELD VIII
MPAE V
OLYMPUS GROWTH FUND IV, L.P.
OXFORD BIOSCIENCE III
OXFORD BIOSCIENCE PARTNERS IV
PERSEUS-SOROS BIOPHARMACEUTICAL
POLARIS VENTURE PARTNERS III
POLARIS VENTURE PARTNERS IV
REDPOINT VENTURES I
REDPOINT VENTURES II
Source: University of California, Office of the Treasurer

SHARES
81,819
499,854
547,528
708,951
89,698
74,000
63,233
76,928
146,000
17,254
6
5,176
60,555
10,228
127,275
179,848
280,218
70,155
106,440
97,137
82,900
125,790
211,058
112,050
13,043
85,600
124,680
106,004
100,161
225,000
8,683
940,000
65,150
13,275
122,500
117,350
105,000
140,000
95,625
14,173
374,983
14,800
17,817
81,290
110,450
83,000
81,033
9,284
165,750
100,938
34,174
134,396
18,500
173,250
110,701

MARKET VALUE
4,251,161
3,458,493
23,062,965
42,701,537
6,282,179
2,235,540
4,227,963
7,683,174
2,523,902
1,725,425
6
517,628
6,055,463
1,022,832
3,967,798
213,300
16,025,128
1,373,004
1,889,097
49,151
1,911,757
8,861,025
11,170,007
7,397,877
929,943
136,789
2,248,230
7,253,960
3,886,333
13,905,450
805,913
1,671,320
625,375
36,413
4,951,695
532,417
3,776,115
8,612,800
5,368,770
720,246
15,038,306
1,480,000
1,514,506
3,354,125
87,476
2,822,913
141,727
1,017,093
10,326,225
9,014,022
2,858,125
7,914,849
1,465,293
5,279,447
6,720,295

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
Private Equity
December 31, 2003
ISSUER

SHARES

RIPPLEWOOD PARTNERS II, L.P.
SEQUOIA CAPITAL FRANCHISE
SEQUOIA CAPITAL GROWTH
SEQUOIA CAPITAL III
SEQUOIA CAPITAL IX
SEQUOIA CAPITAL VI
SEQUOIA CAPITAL VII
SEQUOIA CAPITAL VIII
SEQUOIA CAPITAL X
SKM EQUITY FUND II
TECHNOLOGY VENTURE IV
VENTURE STRATEGY PARTNERS II
VERSANT VENTURES I
VERSANT VENTURES II
WARBURG PINCUS PRIVATE EQTY VIII
WCAS CAPITAL PARTNERS II
WCAS VI
WCAS VII
WELSH CARSON CP III
Total Private Equity
% of Portfolio

Source: University of California, Office of the Treasurer

21,120
122,354
79,876
35,920
116,550
61,680
90,815
115,372
178,920
373,218
100,080
91,125
126,000
67,500
200,551
155,400
364,600
698,947
1,260,000

MARKET VALUE
1,291,112
5,082,356
272,297
30,532
3,639,157
922,171
4,127,814
4,992,493
9,229,946
18,079,044
880,304
3,583,582
11,397,582
5,617,418
15,998,561
4,210,874
11,589,905
29,628,363
113,150,520
526,826,614
2.0%

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
Total Equity
December 31, 2003
Total Equities
Cash and Equivalents
% of Portfolio
TOTAL UCRP EQUITY PORTFOLIO

Source: University of California, Office of the Treasurer

26,773,010,965
27,628,000
0.1%
26,800,638,965

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
PUBLIC EQUITY
December 31, 2004
ISSUER
ARK LC GROWTH
CGT LC CORE
FRANKLIN PORTFOLIO LC CORE
FREEMAN LC CORE
GSAM CONCENTRATED LC GROWTH
HARRIS LC VALUE
HOTCHKIS&WILEY LC DIVS. VALUE
INTECH LC BROAD GROWTH
LSV LC VALUE
NWQ LC VALUE
PZENA LC VALUE
THORNBURG LC VALUE
TRANSAMERICA LC GROWTH
VICTORY LC DIVERSIFIED
WELLINGTON LC GROWTH
S & P 500 FUTURES 3/05
CGI EMERGING MARKETS GF
EAFE INDEX FUND
GENESIS EMERGING MARKETS
GMO EMERGING MARKETS FUND
RUSSELL 1000 INDEX FUND
RUSSELL 3000 INDEX FUND
TEMPLETON EMERGING MKTS

SHARES

MARKET VALUE

3,383,266
3,389,953
4,367,408
2,415,826
3,863,850
3,390,407
3,888,139
3,911,310
2,428,160
2,425,196
3,368,609
3,384,753
2,922,445
2,429,751
2,898,856
336
2,596,301
31,176,202
543,487
3,597,504
33,426,424
119,941,211
4,511,938

375,589,388
372,248,110
478,266,933
265,720,488
427,300,258
370,724,356
435,460,299
430,022,336
266,250,644
263,208,191
371,572,174
372,699,330
325,944,682
262,006,342
319,278,717
100,099,490
188,543,402
3,311,421,597
162,308,837
61,733,172
5,542,268
17,567,940,702
68,085,147

TOTAL PUBLIC EQUITY
% of Portfolio

Source: University of California, Office of the Treasurer of The Regents

26,801,966,865
97.40%

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
PRIVATE EQUITY
December 31, 2004
ISSUER

MARKET VALUE

PRIVATE EQUITY DISTRIBUTIONS
BUYOUT FUNDS
INTERNATIONAL PRIVATE EQUITY
VENTURE CAPITAL PARTNERSHIPS
REAL ESTATE
TOTAL PRIVATE EQUITY
% of Portfolio

Source: University of California, Office of the Treasurer of The Regents

6,059,939
198,399,329
92,587,649
356,478,972
36,000,000
689,525,889
2.51%

UNIVERSITY OF CALIFORNIA RETIREMENT PLAN
TOTAL EQUITY
December 31, 2004
ISSUER

SHARES

TOTAL EQUITIES
Cash and Equivalents
% of Portfolio

TOTAL UCRP EQUITY PORTFOLIO

Portfolio market values do not include accruals.
Source: University of California, Office of the Treasurer of The Regents

MARKET VALUE

27,491,492,754
25,521,250
0.09%

27,517,014,004