2013 U.S. Plan 11-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 11-K
(Mark One)
 
ý
ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 2013
OR
 
 
¨
TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Commission file number 000-12477
AMGEN RETIREMENT AND SAVINGS PLAN
(Full title of the plan)
AMGEN INC.
(Name of issuer of the securities held)
 
 
 
 
One Amgen Center Drive,
 
91320-1799
Thousand Oaks, California
 
(Zip Code)
(Address of principal executive offices)
 
 





Amgen Retirement and Savings Plan
Audited Financial Statements
and Supplemental Schedules

Years Ended December 31, 2013 and 2012

Contents
 
 
 
 
 
Audited Financial Statements:
 
 
 
 
 
Supplemental Schedules:
 
 
 


Report of Independent Registered Public Accounting Firm
Amgen Inc., as Named Fiduciary, and the Plan Participants of the
Amgen Retirement and Savings Plan
We have audited the accompanying statements of net assets available for benefits of the Amgen Retirement and Savings Plan (the Plan) as of December 31, 2013 and 2012, and the related statements of changes in net assets available for benefits for the years then ended. These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. We were not engaged to perform an audit of the Plan’s internal control over financial reporting. Our audits included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Plan’s internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Plan at December 31, 2013 and 2012, and the changes in its net assets available for benefits for the years then ended, in conformity with U.S. generally accepted accounting principles.
Our audits were conducted for the purpose of forming an opinion on the financial statements taken as a whole. The accompanying supplemental schedules of assets (held at end of year) and loans or fixed income obligations in default or classified as uncollectible as of December 31, 2013, and assets (acquired and disposed of within year) for the year then ended, are presented for purposes of additional analysis and are not a required part of the financial statements but are supplementary information required by the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. Such information has been subjected to the auditing procedures applied in our audits of the financial statements and, in our opinion, is fairly stated in all material respects in relation to the financial statements taken as a whole.
/s/ ERNST & YOUNG LLP
Los Angeles, California
June 11, 2014


1

Amgen Retirement and Savings Plan
Statements of Net Assets Available for Benefits
 

 
 
December 31
 
 
2013
 
2012
Assets
 
 
 
 
Investments at fair value
 
$
3,884,239,811

 
$
3,093,390,877

Notes receivable from participants
 
43,082,571

 
42,523,718

Other, including due from broker
 
6,416,714

 
1,071,309

Total assets
 
3,933,739,096

 
3,136,985,904

Liabilities
 
 
 
 
Other, including due to broker
 
5,217,083

 
2,490,209

Total liabilities
 
5,217,083

 
2,490,209

Net assets reflecting investments at fair value
 
3,928,522,013

 
3,134,495,695

Adjustment from fair value to contract value for interests in fully benefit-responsive investment contracts
 
(1,891,753
)
 
(9,277,446
)
Net assets available for benefits
 
$
3,926,630,260

 
$
3,125,218,249

See accompanying notes.


2

Amgen Retirement and Savings Plan
Statements of Changes in Net Assets Available for Benefits


 
 
Year Ended December 31
 
 
2013
 
2012
Additions to (deductions from) net assets:
 
 
 
 
Employer contributions
 
$
159,024,379

 
$
155,218,207

Participant contributions
 
138,170,411

 
131,980,807

Rollover contributions
 
14,298,798

 
11,686,616

Interest and dividend income
 
40,042,545

 
40,671,569

Net realized/unrealized gains
 
680,294,916

 
381,079,241

Interest income on notes receivable from participants
 
1,780,035

 
1,830,249

Benefits paid
 
(223,992,574
)
 
(200,062,951
)
Investment and administrative fees
 
(8,206,499
)
 
(6,501,149
)
Net increase
 
801,412,011

 
515,902,589

Net assets available for benefits at beginning of year
 
3,125,218,249

 
2,609,315,660

Net assets available for benefits at end of year
 
$
3,926,630,260

 
$
3,125,218,249

See accompanying notes.


3

Amgen Retirement and Savings Plan
Notes to Financial Statements
December 31, 2013
1. Description of the Plan
The following description of the Amgen Retirement and Savings Plan (the Plan) provides only general information. Participants should refer to the Plan document for a more complete description of the Plan’s provisions.
General
The Plan was established effective April 1, 1985 and was most recently amended and restated effective January 1, 2012 and subsequently amended, with the most recent amendment adopted on October 18, 2013. The Plan is a defined contribution plan covering substantially all domestic employees of Amgen Inc. (the Company or Amgen) and participating subsidiaries. The Plan, as amended, is intended to qualify under sections 401(a) and 401(k) of the Internal Revenue Code of 1986 (the Code) (see Note 5, Income Tax Status) and section 407(d)(3)(A) of the Employee Retirement Income Security Act of 1974 (ERISA).
Contributions
Subject to certain limitations (as defined in the Plan), participants may elect to contribute up to 30% of their eligible compensation in pre-tax contributions, Roth contributions (in accordance with the Code), after-tax contributions or a combination of these types of contributions. A participant’s combined pre-tax contributions and Roth contributions (exclusive of catch-up contributions discussed below) are subject to Internal Revenue Service (IRS) and Plan limits and could not exceed a maximum of $17,500 in 2013 and $17,000 in 2012. Participant after-tax contributions are subject to IRS and Plan limitations and could not exceed a maximum of $8,000 in 2013 and 2012. Unless an employee has voluntarily enrolled in the Plan or has declined to participate in the Plan within the first 30 days of employment, all newly eligible participants are automatically enrolled in the Plan and contributions equal to 5% of their eligible compensation are withheld and contributed to the Plan as pre-tax contributions; such contributions are automatically increased by 1% per year until their contributions reach 10% of their eligible compensation. Participants may elect to adjust, cease or resume their contributions at any time.
Participants who are at least age 50 by the close of the Plan year may also elect to make certain additional contributions, referred to as catch-up contributions, that are subject to IRS and Plan limitations and could not exceed $5,500 in 2013 and 2012. Catch-up contributions may be made as pre-tax contributions, Roth contributions or a combination of these types of contributions. Participants may also contribute pre-tax, Roth and after-tax amounts representing distributions from certain other retirement plans qualified in the United States or certain individual retirement accounts (IRAs), referred to as rollover contributions (as defined in the Plan).

4

Amgen Retirement and Savings Plan
Notes to Financial Statements (continued)

1. Description of the Plan (continued)
Contributions (continued)
Each pay period, the Company makes a non-elective contribution for all eligible participants, whether or not they have elected to make contributions to the Plan, equal to 5% of each participant’s eligible compensation (Core Contributions). In addition, the Company makes a contribution equal to amounts contributed by the participant as pre-tax contributions or Roth contributions, including such contributions designated as catch-up contributions, of up to 5% of eligible compensation (Matching Contributions).
Also, the Company can, in its discretion, make a special non-elective contribution on behalf of a participant who is in his or her initial year of employment with the Company and who could not make the maximum participant contribution permitted under the Plan because in the same Plan year he or she previously made pre-tax salary deferrals under a prior unrelated employer’s qualified plan.
Participants select the investments in which their contributions, including their Core Contributions and Matching Contributions (collectively, Company Contributions), are to be invested, electing among various alternatives, including Amgen Inc. common stock (Amgen stock). Participants may direct a maximum of 20% of contributions to be invested in Amgen stock. In addition, participants may transfer amounts among the investment options at any time, subject to certain limitations. Notwithstanding the foregoing, if 20% or more of the value of a participant’s Plan account is invested in Amgen stock, no transfers from other investment options can be made to invest in Amgen stock.
The accounts of participants who had never made an investment election are allocated to investments under a qualified default investment alternative which is intended to be compliant with ERISA regulations. At any time participants may elect to alter the investments in their accounts made under a qualified default investment alternative.
Vesting
Participants are immediately vested with respect to their contributions, Company Contributions, and earnings and losses (hereafter referred to as “earnings”) thereon.
Participant Accounts
Each participant’s account is credited with: (a) the participant’s contributions, (b) an allocation of Company Contributions and (c) earnings. The benefit to which a participant is entitled is the benefit that can be provided from the participant’s account.

5

Amgen Retirement and Savings Plan
Notes to Financial Statements (continued)

1. Description of the Plan (continued)
Plan Investments
Participants can invest in any of 16 different asset classes (14 asset classes prior to July 1, 2013) as well as Amgen stock or may actively manage their account under a self-directed brokerage arrangement in which a wider array of investment options are available. The value of an investment in an asset class is determined by its underlying investment vehicles which may include one or more of the following: mutual funds, collective trust funds and portfolios which are separately managed exclusively for the benefit of Plan participants and their beneficiaries (separately managed portfolios). The separately managed portfolios invest in various types of assets, including publicly traded common and preferred stocks, fixed income securities, collective trust funds and investment contracts. The asset classes are designed to provide participants with choices among a variety of investment objectives.
Payments of Benefits
Subject to Plan limitations, upon termination of employment, including termination due to disability (as defined in the Plan) or retirement, participants may elect to receive an amount equal to the value of their account balance in (a) a single payment in cash, (b) a single distribution in full shares of Amgen stock (with any fractional shares paid in cash), (c) a single distribution paid in a combination of cash and full shares of Amgen stock, (d) cash installments, or (e) a rollover distribution to an eligible retirement plan. If a participant dies before receiving the value of his or her account balance, the participant’s beneficiary may elect to receive the distribution of remaining funds from among the alternatives described above, subject to certain Plan limitations.
 
Subsequent to termination of employment, participants may also elect to maintain their vested account balance in the Plan, provided that their account balance is greater than $1,000.
Certain restrictions apply to withdrawals from the Plan while a participant continues to be employed by the Company.
Amgen Stock Dividends
Participants that invest in Amgen stock may elect to receive distributions of cash with respect to dividends the Company pays on Amgen stock or reinvest such dividends to acquire additional shares of Amgen stock.

6

Amgen Retirement and Savings Plan
Notes to Financial Statements (continued)

1. Description of the Plan (continued)
Notes Receivable from Participants
Subject to certain restrictions, a participant can have up to two loans outstanding at any one time from his or her Plan account with a combined maximum loan amount which may not exceed the lesser of (a) 50% of the participant’s account balance (exclusive of amounts related to Roth contributions and earnings thereon) or (b) $50,000 less certain adjustments, as applicable (as defined in the Plan). A participant’s loan is secured by his or her Plan account balance. Loans made prior to July 1, 2003 bear interest at fixed rates based on the average borrowing rates of certain major banks. Loans made on or after July 1, 2003 bear interest at fixed rates which, until changed by the Company, are based on the prime rate plus one percentage point as published in The Wall Street Journal determined as of the last day of the calendar quarter preceding origination or such other rate as may be required by law. Loans are generally payable in installments over periods of up to five years, unless the loan is used to acquire a principal residence for which the term of the loan may be up to 20 years. Principal and interest payments are allocated to the participant’s account.
Plan Termination
Although it has not expressed any intent to do so, the Company has the right under the Plan to terminate the Plan subject to the provisions of ERISA. Upon termination, participants would receive distributions of their account balances.
Trustees
Bank of America, N.A. and The Northern Trust Company are the Plan’s co-trustees.

2. Summary of Significant Accounting Policies
Basis of Accounting
The accompanying financial statements are prepared on the accrual basis of accounting.
Fair Value Measurement
The investments of the Plan are reported at fair value. Fair value is generally defined as the price that would be received to sell an asset or paid to transfer a liability (the exit price) in an orderly transaction between market participants at the measurement date (see Note 3, Fair Value Measurements).

7

Amgen Retirement and Savings Plan
Notes to Financial Statements (continued)


2. Summary of Significant Accounting Policies (continued)
Investment Income and Losses
Dividend income is recognized on the ex-dividend date and interest income is recorded on an accrual basis. Unrealized gains and losses on investments are measured by the change in the difference between the fair value and cost of the securities held at the beginning of the year (or date purchased if acquired during the Plan year) and the end of the year. Realized gains and losses from security transactions are recorded based on the weighted-average cost of securities sold.
Fully Benefit-Responsive Investment Contracts
The Plan holds units of collective trust funds that have investments in fully benefit-responsive investment contracts. In addition, the Plan directly invests in such contracts in the form of security-backed contracts, discussed below. Such contracts held directly or indirectly by a defined contribution plan are required to be reported at fair value. However, contract value is the relevant measurement attribute for that portion of the net assets available for benefits of a defined contribution plan attributable to fully benefit-responsive investment contracts because contract value is the amount participants would receive if they were to initiate qualified transactions related to these investments. The Statements of Net Assets Available for Benefits present these contracts at fair value with an adjustment to contract value. The Statements of Changes in Net Assets Available for Benefits are prepared on a contract value basis.
As of December 31, 2013 and 2012, the Plan had three security-backed contracts which are fully benefit-responsive investment contracts, including wrapper contracts and an insurance separate account contract. These contracts are backed by the Plan’s ownership interests in collective trust funds that invest in fixed income securities and the separate accounts of the insurance company that issued the contract which are comprised of fixed income securities. As of December 31, 2013, the issuers of the security-backed contracts all had minimum credit ratings of A- or equivalent by Standard & Poor’s, Moody’s Investor Services, Inc. and A.M. Best Company. The issuers of the Plan’s security-backed contracts credit the Plan with stated rates of interest, and the issuers guarantee that all qualified participant withdrawals related to the contracts will be at contract value, except as discussed below. The crediting rates provide for realized and unrealized gains and losses on the underlying assets to be amortized over the expected duration of the underlying investments through adjustments to the future interest crediting rates rather than being reflected immediately in the net assets of the Plan. The interest crediting rates of the security-backed contracts are primarily based on the current yield to maturity of the underlying investments plus or minus amortization of the difference between the contract value and fair value of the underlying investments over the duration of such investments. Accordingly, future crediting rates are impacted by changes in the yield to maturity of underlying investments, the duration of the assets underlying the contract and the difference between the contract value and fair value of the underlying investments. The crediting rates are reset quarterly and are reduced by fees paid to the contract issuers. In no event are the crediting rates less than 0%.


8

Amgen Retirement and Savings Plan
Notes to Financial Statements (continued)


2. Summary of Significant Accounting Policies (continued)
Fully Benefit-Responsive Investment Contracts (continued)
To the extent that the underlying investments of security-backed contracts have unrealized and/or realized losses, a positive adjustment is made to the adjustment from fair value to contract value in the Statements of Net Assets Available for Benefits. As a result, the future crediting rate may be lower over time than the then-current market rates. Conversely, if the underlying investments generate unrealized and/or realized gains, a negative adjustment is made to the adjustment from fair value to contract value, and the future crediting rate may be higher over time than the then-current market rates.
The security-backed contracts provide for withdrawals at other than contract value associated with certain events which are not in the ordinary course of Plan operations. These withdrawals are made at contract value modified by a market value adjustment as defined in the contract. Circumstances which may trigger a market value adjustment are generally defined as any event which, in the reasonable determination of the issuer, has or will have a material adverse effect on the issuer’s interest under the contract. Such events may include, but are not limited to: (i) material amendments to the Plan’s structure or administration; (ii) changes in or the creation of competing investment options; (iii) complete or partial termination of the Plan; (iv) removal of a specifically identifiable group of employees from coverage under the Plan; (v) a change in law, regulation, ruling, administrative position, or accounting standard applicable to the Plan; or (vi) communication to Plan participants designed to influence a participant not to invest in the asset class that contains these contracts. The Company does not believe that the occurrence of any such event, which would limit the Plan’s ability to transact at contract value with participants, is probable.
These security-backed contracts are evergreen contracts with no maturity dates but do contain termination provisions. The issuer is obligated to pay the excess contract value when the fair value of the underlying investments equals zero. In addition, if the Plan defaults in its obligations under the security-backed contract and such default is not corrected within the time permitted by the contract, then the contract may be terminated by the issuer and the Plan will receive the fair value of the underlying investments as of the date of termination.
The yields earned by the Plan as of December 31, 2013 and 2012 were 1.5% and 1.0%, respectively, which represents the annualized earnings of all security-backed contracts divided by the fair value of all security-backed contracts in the Plan as of December 31, 2013 and 2012, respectively. The yields earned by the Plan with an adjustment to reflect the actual interest rates credited to participants were 1.5% and 2.4% as of December 31, 2013 and 2012, respectively, which represents the annualized earnings credited to participants divided by the fair value of all security-backed contracts as of December 31, 2013 and 2012, respectively.

9

Amgen Retirement and Savings Plan
Notes to Financial Statements (continued)

2. Summary of Significant Accounting Policies (continued)
Notes Receivable from Participants
Notes receivable from participants are carried at their unpaid balance plus accrued but unpaid interest, as applicable.
Due from/to Brokers
Purchases and sales of investments are recorded on a trade-date basis. Amounts due from brokers and due to brokers arise from unsettled sale and purchase transactions as of December 31, 2013 and 2012.
Use of Estimates
The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.


10

Amgen Retirement and Savings Plan
Notes to Financial Statements (continued)

3. Fair Value Measurements
The Plan uses various valuation approaches in determining the fair value of investments within a hierarchy that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that observable inputs be used when available. Observable inputs are inputs that market participants would use in pricing the investment based on market data obtained from independent sources. Unobservable inputs are inputs that reflect assumptions about the inputs that market participants would use in pricing the investment and are developed based on the best information available in the circumstances. The fair value hierarchy is divided into three levels based on the source of inputs as follows:
Level 1 – Valuations based on unadjusted quoted prices in active markets for identical investments that the Plan has the ability to access;
Level 2 – Valuations for which all significant inputs are observable, either directly or indirectly, other than level 1 inputs;
Level 3 – Valuations based on inputs that are unobservable and significant to the overall fair value measurement.
The availability of observable inputs can vary among the various types of investments. To the extent that the valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. In certain cases, the inputs used for measuring fair value may fall into different levels of the fair value hierarchy. In such cases, for financial statement disclosure purposes, the level in the fair value hierarchy within which the fair value measurement is categorized is based on the lowest level of input used that is significant to the overall fair value measurement.

11

Amgen Retirement and Savings Plan
Notes to Financial Statements (continued)
3. Fair Value Measurements (continued)
The following fair value hierarchy table presents information about each major class/category of the Plan’s investments measured at fair value:
 
 
Fair value measurements at December 31, 2013 using
 
 
Quoted prices in active markets for identical assets
(Level 1)
 
Significant
other observable
inputs
(Level 2)
 
Significant
unobservable
inputs
(Level 3)
 
Total
Amgen stock
 
$
235,164,976

 
$
—

 
$
—

 
$
235,164,976

Cash and cash equivalents
 
35,752,823

 
—

 
—

 
35,752,823

Common and preferred stocks:
 
 
 
 
 
 
 
 
Large cap growth
 
365,454,861

 
—

 
—

 
365,454,861

Large cap value
 
183,804,249

 
—

 
—

 
183,804,249

Small-mid cap growth
 
64,832,135

 
—

 
—

 
64,832,135

Small-mid cap value
 
331,561,439

 
—

 
—

 
331,561,439

Other
 
198,175,723

 
—

 
—

 
198,175,723

Debt securities:
 
 
 
 
 
 
 
 
U.S. Treasury securities
 
22,441,702

 
—

 
—

 
22,441,702

U.S. government agency securities
 
—

 
39,432,230

 
—

 
39,432,230

Corporate debt securities
 
—

 
56,742,593

 
—

 
56,742,593

Mortgage and asset backed securities
 
—

 
21,959,027

 
—

 
21,959,027

Mutual funds:
 
 
 
 
 
 
 
 
Emerging markets equity
 
29,590,116

 
—

 
—

 
29,590,116

Fixed income
 
—

 
100,711,349

 
—

 
100,711,349

High yield debt
 
40,069,890

 
—

 
—

 
40,069,890

International growth
 
83,050,138

 
—

 
—

 
83,050,138

International value
 
135,879,636

 
—

 
—

 
135,879,636

Real estate investment trust index
 
83,398,699

 
—

 
—

 
83,398,699

Other
 
38,516,522

 
—

 
—

 
38,516,522

Collective trust funds:
 
 
 
 
 
 
 
 
Capital preservation
 
—

 
258,521,672

 
—

 
258,521,672

Emerging markets equity
 
—

 
66,232,369

 
—

 
66,232,369

Fixed income
 
—

 
16,644,981

 
—

 
16,644,981

Fixed income index
 
—

 
78,879,233

 
—

 
78,879,233

Inflation indexed debt
 
—

 
52,264,331

 
—

 
52,264,331

International growth
 
—

 
96,415,410

 
—

 
96,415,410

International index
 
—

 
32,206,905

 
—

 
32,206,905

International value
 
—

 
102,702,666

 
—

 
102,702,666

Large cap growth
 
—

 
28,976,044

 
—

 
28,976,044

Large cap index
 
—

 
661,941,029

 
—

 
661,941,029

Large cap value
 
—

 
10,217,037

 
—

 
10,217,037

Short term investments
 
—

 
65,789,976

 
—

 
65,789,976

Small-mid cap growth
 
—

 
6,067,659

 
—

 
6,067,659

Small-mid cap index
 
—

 
264,853,839

 
—

 
264,853,839

Small-mid cap value
 
—

 
20,664,470

 
—

 
20,664,470

Insurance separate account investment contract
 
—

 
55,077,818

 
—

 
55,077,818

Other
 
28,060

 
218,204

 
—

 
246,264

 
 
$
1,847,720,969

 
$
2,036,518,842

 
$
—

 
$
3,884,239,811

 

12

Amgen Retirement and Savings Plan
Notes to Financial Statements (continued)

3. Fair Value Measurements (continued)
 
 
Fair value measurements at December 31, 2012 using
 
 
Quoted prices in active markets for identical assets
(Level 1)
 
Significant
other observable
inputs
(Level 2)
 
Significant
unobservable
inputs
(Level 3)
 
Total
Amgen stock
 
$
184,496,548

 
$
—

 
$
—

 
$
184,496,548

Cash and cash equivalents
 
30,739,498

 
—

 
—

 
30,739,498

Common and preferred stocks:
 
 
 
 
 
 
 
 
Large cap growth
 
284,581,646

 
—

 
—

 
284,581,646

Large cap value
 
107,810,209

 
—

 
—

 
107,810,209

Small-mid cap growth
 
47,123,024

 
—

 
—

 
47,123,024

Small-mid cap value
 
263,613,306

 
156,304

 
—

 
263,769,610

Other
 
139,643,360

 
—

 
—

 
139,643,360

Debt securities:
 
 
 
 
 
 
 
 
U.S. Treasury securities
 
53,860,263

 
—

 
—

 
53,860,263

U.S. government agency securities
 
—

 
85,174,932

 
—

 
85,174,932

Corporate debt securities
 
—

 
37,162,921

 
—

 
37,162,921

Mortgage and asset backed securities
 
—

 
26,697,958

 
—

 
26,697,958

Mutual funds:
 
 
 
 
 
 
 
 
High yield debt
 
68,442,311

 
—

 
—

 
68,442,311

Inflation indexed debt
 
49,117,121

 
—

 
—

 
49,117,121

International growth
 
117,588,989

 
—

 
—

 
117,588,989

International value
 
199,377,358

 
—

 
—

 
199,377,358

Real estate investment trust index
 
75,805,226

 
—

 
—

 
75,805,226

Other
 
32,577,082

 
—

 
—

 
32,577,082

Collective trust funds:
 
 
 
 
 
 
 
 
Capital preservation
 
—

 
249,101,804

 
—

 
249,101,804

Emerging markets equity
 
—

 
106,801,562

 
—

 
106,801,562

Fixed income
 
—

 
22,579,485

 
—

 
22,579,485

Inflation indexed debt
 
—

 
2,747,985

 
—

 
2,747,985

International growth
 
—

 
52,241,069

 
—

 
52,241,069

International value
 
—

 
7,235,472

 
—

 
7,235,472

Large cap growth
 
—

 
18,058,984

 
—

 
18,058,984

Large cap index
 
—

 
530,046,061

 
—

 
530,046,061

Large cap value
 
—

 
5,909,161

 
—

 
5,909,161

Short term investments
 
—

 
53,674,169

 
—

 
53,674,169

Small-mid cap growth
 
—

 
3,261,024

 
—

 
3,261,024

Small-mid cap index
 
—

 
164,916,882

 
—

 
164,916,882

Small-mid cap value
 
—

 
16,895,408

 
—

 
16,895,408

Insurance separate account investment contract
 
—

 
55,532,074

 
—

 
55,532,074

Other
 
13,466

 
408,215

 
—

 
421,681

 
 
$
1,654,789,407

 
$
1,438,601,470

 
$
—

 
$
3,093,390,877


13

Amgen Retirement and Savings Plan
Notes to Financial Statements (continued)

3. Fair Value Measurements (continued)
The fair value of common stocks (including Amgen stock), preferred stocks, publicly traded mutual funds and U.S. treasury securities are valued using quoted market prices in active markets with no valuation adjustment.
Debt securities other than U.S. treasury securities are valued taking into consideration valuations obtained from third-party pricing services. The pricing services utilize industry standard valuation models, including both income and market based approaches, for which all significant inputs are observable, either directly or indirectly, to estimate fair value. These inputs include reported trades of and broker/dealer quotes on the same or similar securities, issuer credit spreads, benchmark securities and, when applicable, prepayment/default projections based on historical data and other observable inputs.
The fair values of mutual funds that are not publicly traded are determined by reference to the net asset value per unit provided by the fund managers based on the fair values of the funds' underlying assets, which are invested in fixed income securities.
Collective trust funds represent interests in pooled investment vehicles designed typically for collective investment of employee benefit trusts. The fair values of these investments are determined by reference to the net asset value per unit provided by the fund managers. The unit values are based on the fair values of the trusts’ underlying assets, which are principally equity and fixed income securities and short-term investments. The investment strategies of the Plan’s collective trust funds vary generally based on the investment objectives of the asset class of which they are a part. Such investment strategies include investments in fixed income securities and investments in equity securities in domestic and international markets for growth and value objectives as well as to replicate market indexes and to invest in emerging markets. The only redemption restriction with respect to these investments is on the Wells Fargo Stable Return Fund G (fair value of $89,220,661 at December 31, 2013) which requires a one-year notice to be given in the event of complete liquidation.
The fair value of the insurance separate account investment contract was determined by reference to the fair values of securities in the separate accounts underlying the contract.


14

Amgen Retirement and Savings Plan
Notes to Financial Statements (continued)

4. Investments
The fair values of individual investments that represent 5% or more of the Plan’s net assets as of December 31, 2013 and 2012 are as follows:
 
 
 
December 31
 
 
2013
 
2012
Northern Trust Collective S&P 500 Index Fund – Non Lending - Collective trust fund
 
$
661,941,029

 
*

Northern Trust Collective Extended Equity Market Index Fund - Non Lending - Collective trust fund
 
264,853,839

 
*

Amgen stock
 
235,164,976

 
184,496,548

Blackrock Equity Index Fund F – Collective trust fund
 
*

 
497,201,610

Dodge & Cox International Fund – Mutual fund
 
*

 
199,377,358

Blackrock Extended Equity Market Fund F – Collective trust fund
 
*

 
157,513,979

 
* Investment balance was less than 5% of the Plan’s net assets.
During the years ended December 31, 2013 and 2012, net realized and unrealized gains/(losses) on the Plan’s investments were as follows:
 
 
 
Year Ended December 31
 
 
2013
 
2012
Amgen stock
 
$
59,102,899

 
$
49,564,698

Common and preferred stocks
 
300,185,251

 
125,069,426

Debt securities
 
(10,693,199
)
 
1,926,382

Mutual funds
 
45,547,605

 
64,631,385

Collective trust funds
 
285,585,545

 
139,990,203

Other
 
566,815

 
(102,853
)
 
 
$
680,294,916

 
$
381,079,241


5. Income Tax Status
The Plan received a determination letter from the IRS dated September 18, 2013, stating that the Plan is qualified, in form, under Section 401(a) of the Code and, therefore, the related trust is exempt from taxation. Subsequent to this determination by the IRS, the Plan was amended. Once qualified, the Plan is required to operate in conformity with the Code to maintain its qualification. The Company believes the Plan is currently being operated in compliance with the applicable requirements of the Code and, therefore, believes that the Plan is qualified and the related trust is tax exempt.

15

Amgen Retirement and Savings Plan
Notes to Financial Statements (continued)

5. Income Tax Status (continued)
Accounting principles generally accepted in the United States require the Company to evaluate uncertain tax positions taken by the Plan. The financial statement effects of a tax position are recognized when the position is more likely than not, based on the technical merits, to be sustained upon examination. As of December 31, 2013, no uncertain tax positions have been taken or are expected to be taken, and no amounts related to uncertain tax positions have been recorded in the Plan’s financial statements. The Plan is subject to audits by the IRS, however there are currently no audits for any periods in progress. The Company believes the Plan is no longer subject to IRS examinations with respect to annual reports for years prior to 2010.
 
6. Services Provided by the Company
During 2013 and 2012, the Company paid trustee fees and certain other administrative costs on behalf of the Plan.

7. Reconciliation of Financial Statements to Form 5500
The reconciliation of net assets available for benefits per the financial statements to Form 5500 as of December 31, 2013 and 2012 consisted of the following:
 
 
 
December 31
 
 
2013
 
2012
Net assets available for benefits per the financial statements
 
$
3,926,630,260

 
$
3,125,218,249

Adjustment from fair value to contract value for fully benefit-responsive investment contracts
 
1,891,753

 
9,277,446

Amounts allocated to withdrawing participants
 
(250,785
)
 
(1,179,116
)
Deemed loans
 
(466,682
)
 
(394,362
)
Net assets per the Form 5500
 
$
3,927,804,546

 
$
3,132,922,217

For the year ended December 31, 2013, the following is a reconciliation of the net investment income per the financial statements to the Form 5500:
 
 
 
Year Ended
December 31
2013
Interest and dividend income
 
$
40,042,545

Net realized/unrealized gains
 
680,294,916

Total net investment income per the financial statements
 
720,337,461

Adjustment from fair value to contract value for fully benefit-responsive investment contracts:
 
 
Less prior year adjustment
 
(9,277,446
)
Add current year adjustment
 
1,891,753

Total net investment income per the Form 5500
 
$
712,951,768


16

Amgen Retirement and Savings Plan
Notes to Financial Statements (continued)

7. Reconciliation of Financial Statements to Form 5500 (continued)
For the year ended December 31, 2013, the following is a reconciliation of distributions per the financial statements to the Form 5500:
 
 
 
Year Ended
December 31
2013
Benefits paid
 
$
(223,992,574
)
Investment and administrative fees
 
(8,206,499
)
Total distributions per the financial statements
 
(232,199,073
)
Add prior year amounts allocated to withdrawing participants
 
1,179,116

Less current year amounts allocated to withdrawing participants
 
(250,785
)
Add prior year deemed loan balance
 
394,362

Less current year deemed loan balance
 
(466,682
)
Total distributions per the Form 5500
 
$
(231,343,062
)

17

Supplemental Schedule
Amgen Retirement and Savings Plan
EIN: 95-3540776 Plan: #001
December 31, 2013

Schedule H, line 4i – Schedule of Assets (Held at End of Year)
 
Identity of Issue
 
Description of Investment
 
Current Value
 
 
 
 
 
 
 
Amgen stock*

Employer Securities 2,061,404 shares


$
235,164,976









Capital Preservation Asset Class:






 
Wells Fargo Fixed Income Fund D*
 
Collective trust fund 7,431,718 units
 
$
93,169,960

 
 
Wells Fargo Stable Return Fund G*
 
Collective trust fund 1,739,187 units
 
89,220,661

 
 
Wells Fargo Fixed Income Fund B*
 
Collective trust fund 3,402,054 units
 
71,141,704

 
 
Metropolitan Life Insurance Company*
 
Insurance separate account investment contract 542,893 units
 
55,077,818

 
 
NT Collective Short Term Investment Fund*
 
Collective trust fund 21,274,361 units
 
21,274,361

 
 
Wells Fargo Fixed Income Fund F*
 
Collective trust fund 375,102 units
 
4,989,347

 
 
Monumental Life Insurance Company*
 
Wrapper Contract
 
117,559

 
 
American General Life Insurance Company*

Wrapper Contract

—

 
Total Capital Preservation Asset Class





334,991,410









Emerging Markets Equity Asset Class:







JP Morgan Emerging Markets Equity Focus Fund*

 Collective trust fund 1,875,013 units

32,362,733



Artisan Emerging Markets/Ins

 Mutual Fund 2,352,156 shares

29,590,116


 
Blackrock FTSE RAFI Emerging Index Non Lendable Fund F*
 
 Collective trust fund 2,702,721 units
 
28,855,603

 
 
NT Collective Emerging Markets Fund - Non Lending*
 
 Collective trust fund 32,842 units
 
5,014,033

 
Total Emerging Markets Equity Asset Class





95,822,485









Fixed Income Asset Class:







Pimco PAPS Mortgage Portfolio

Mutual Fund 2,662,355 shares

27,954,726



NT Collective Aggregate Bond Index Fund - Non Lending*

Collective trust fund 134,201 units

16,644,981



Pimco PAPS U.S. Government Sector Portfolio

Mutual Fund 1,812,364 shares

15,785,691



Pimco PAPS Investment Grade Corporate Portfolio

Mutual Fund 1,463,083 shares

15,347,741



Pimco PAPS Real Return Portfolio #488

Mutual Fund 1,495,221 shares

13,217,758



Pimco PAPS Short-Term Floating NAV Portfolio

Mutual Fund 889,726 shares

8,906,153



Pimco PAPS International Portfolio

Mutual Fund 1,858,952 shares

8,458,233



United States Treasury SEC Stripped Interest Payments Due 02/15/2021

Government Bond 6,895,000 units

5,731,840



Pimco PAPS Emerging Markets Portfolio

Mutual Fund 323,589 shares

3,216,472



United States Treasury SEC Stripped Interest Payment Due 05/15/2018

Government Bond 3,125,000 units

2,920,712



Pimco PAPS Asset-Backed Securities Portfolio #460

Mutual Fund 203,510 shares

2,438,045



Pimco PAPS Short-Term Portfolio

Mutual Fund 230,267 shares

2,194,445



Pimco PAPS High Yield Portfolio

Mutual Fund 277,499 shares

2,128,417



NT Collective Short Term Investment Fund*

Collective trust fund 1,485,979 units

1,485,979



United States Treasury SEC Stripped Interest Payment 0% Due 08/15/2021

Government Bond 1,505,000 units

1,222,327



United States Treasury SEC Stripped Interest Payment Due 11/15/2021

Government Bond 1,475,000 units

1,184,816



United States Treasury Notes 2.25% Due 01/31/2015

Government Bond 1,080,000 units

1,104,046



United States Treasury SEC Stripped Interest Payment Due 08/15/2020

Government Bond 1,250,000 units

1,066,242



Pimco PAPS Municipal Sector Portfolio

Mutual Fund 136,019 shares

1,063,667



United States Treasury Notes 3% Due 02/28/17

Government Bond 990,000 units

1,054,968



Fannie Mae Pool #466430 3.37% Due 11/01/2020

Government Mortgage Backed Security 1,000,000 units

1,033,101



United States Treasury SEC Stripped Interest Payment 00517 Due 02/15/2029

Government Bond 1,820,000 units

1,019,712



Fannie Mae Pool #MA0214 5% Due 10/01/2029

Government Mortgage Backed Security 805,809 units

893,570



United States Treasury SEC Stripped Interest Payments Due 05/15/2021

Government Bond 1,000,000 units

822,139



Fannie Mae Pool #AT5915 4% Due 06/01/2043

Government Mortgage Backed Security 746,737 units

761,786



Structured Asset Mortgage Investments II Inc. Series 2004-AR1 Class A1 Floating Rate Due 03/19/2034

Collateralized Mortgage Obligation 769,782 units

755,456



United States Treasury Notes 1.375% Due 12/31/2018

Government Bond 750,000 units

737,519



18
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)

Identity of Issue
 
Description of Investment
 
Current Value

Ginnie Mae 5.5% Due 06/20/2035

Government Mortgage Backed Security 650,000 units

718,517



Federal Home Loan Morgtage Corporation Gold Pool U9-0291 4% Due 10/01/2042

Government Mortgage Backed Security 699,845 units

713,345



United States Treasury SEC Stripped Interest Payments Due 11/15/2028

Government Bond 1,250,000 units

708,753



Fannie Mae Pool #AM2501 1.77% Due 02/01/2020

Government Mortgage Backed Security 718,281 units

700,850



Fannie Mae Pool #AM2674 2.61% Due 03/01/2023

Government Mortgage Backed Security 745,000 units

691,714



Federal Home Loan Mortgage Corporation Multiclass Series 3677 4.5% Due 05/15/2040

Government Mortgage Backed Security 645,000 units

682,071



Fannie Mae Pool #MA1462 3.5% Due 06/01/2043

Government Mortgage Backed Security 689,381 units

679,186



United States Treasury SEC Stripped Interest Payment Due 02/15/2026

Government Bond 1,000,000 units

648,818



Fannie Mae Pool #AQ1534 3.5% Due 10/01/2032

Government Mortgage Backed Security 626,149 units

628,187



United States Treasury SEC Stripped Interest Payment Due 02/15/2027

Government Bond 1,000,000 units

617,496



United States Treasury SEC Stripped Interest Payment Due 11/15/2027

Government Bond 1,000,000 units

594,373



Fannie Mae Pool #Am1762 2.39% Due 12/01/2022

Government Mortgage Backed Security 630,000 units

591,414



Federal Home Loan Morgtage Corporation Gold Pool U89009 3.5% Due 09/01/2032

Government Mortgage Backed Security 586,092 units

589,032



Ginnie Mae 2007-035 6% Due 06/20/2037

Government Mortgage Backed Security 500,000 units

558,463



Federal Home Loan Mortgage Corporation Pool #Al2293 4.374% Due 06/01/2021

Government Mortgage Backed Security 507,259 units

550,673



Ginnie Mae 6% Due 11/16/2032

Government Mortgage Backed Security 489,142 units

545,448



United States Treasury Notes 2.625% Due 12/31/2014

Government Bond 526,000 units

538,780



Fannie Mae Pool #AQ1607 3.5% Due 11/01/2032

Government Mortgage Backed Security 535,965 units

537,709



Federal Home Loan Mortgage Corporation Series 2899 4% Due 12/15/2019

Government Mortgage Backed Security 500,000 units

537,208



United States Treasury 0% Due 02/15/2030

Government Bond 1,000,000 units

534,002



United States Treasury SEC Stripped Interest Payments 6.5% Due 11/15/26

Government Bond 850,000 units

531,433



Ginnie Mae 5.25% Due 03/20/2038

Government Mortgage Backed Security 482,000 units

523,614



Federal National Mortgage Association Pool #Al0561 3.738% Due 06/01/2018

Government Mortgage Backed Security 480,819 units

520,758



Fannie Mae Series 2002-86 6% Due 09/25/2032

Government Mortgage Backed Security 465,000 units

520,421



Fannie Mae Pool #AR7961 3.5% Due 03/01/2033

Government Mortgage Backed Security 517,669 units

519,360



Federal Home Loan Mortgage Corporation Pool #S0/6297 3.5% Due 09/15/2042

Government Mortgage Backed Security 518,022 units

518,562



Fannie Mae Pool #AM2711 2.57% Due 03/01/2023

Government Mortgage Backed Security 545,000 units

515,772



Fannie Mae Pool #AM1990 2.33% Due 01/01/2023

Government Mortgage Backed Security 550,000 units

513,551



Fannie Mae Pool #468559 4.01% Due 08/01/2021

Government Mortgage Backed Security 483,305 units

510,949



Fannie Mae Series 2009-W1 6% Due 12/25/2049

Government Mortgage Backed Security 447,683 units

509,869



Ginnie Mae 5% Due 03/16/2034

Government Mortgage Backed Security 460,000 units

502,819



Federal National Mortgage Association Pool #Al2965 2.667% Due 12/01/2022

Government Mortgage Backed Security 521,332 units

499,561



Federal Home Loan Morgtage Corporation Multiclass Series 4168 Class JA 3.5% Due 02/15/2043

Government Mortgage Backed Security 479,475 units

496,985



Fannie Mae Preassign 00015 5.9% Due 07/25/2042

Government Mortgage Backed Security 442,195 units

487,764



Fannie Mae Pool #AM3307 2.85% Due 05/01/2023

Government Mortgage Backed Security 490,529 units

471,834



Ginnie Mae Pool 2013-H05 Remic Passthrough Class FB Floating Rate 02/20/2062

Government Mortgage Backed Security 470,863 units

467,979



Federal Home Loan Mortgage Corporation Multiclass Series 3895 4.5% Due 07/15/2041

Government Mortgage Backed Security 450,000 units

458,093



Fannie Mae Pool #471834 1.4% Due 07/01/2017

Government Mortgage Backed Security 455,000 units

456,988



Federal Home Loan Mortgage Corporation Multiclass Series 3662 5% Due 04/15/2040

Government Mortgage Backed Security 420,000 units

444,732



National Credit Union Association Guaranteed Trust 2010-R3 Due 12/06/2020

Government Mortgage Backed Security 436,928 units

439,550



Fannie Mae Pool #467025 3.38% Due 01/01/2018

Government Mortgage Backed Security 410,000 units

435,602



Fannie Mae 3.726% Due 06/25/2021

Government Mortgage Backed Security 410,000 units

427,653



Federal Home Loan Mortgage Corporation Series 2595 5% Due 04/15/2023

Government Mortgage Backed Security 390,000 units

423,760



Fannie Mae Pool #AM3301 2.35% Due 05/01/2023

Government Mortgage Backed Security 455,021 units

422,724



Macmo Master Asset Securitization Trust 5.5% Due 12/25/2033

Collateralized Mortgage Obligation 401,957 units

420,199



Fannie Mae Pool #465973 3.59% Due 10/01/2020

Government Mortgage Backed Security 399,011 units

417,701



Fannie Mae Remic Trust 2001-81 6.5% Due 01/25/2032

Government Mortgage Backed Security 376,973 units

417,583



Fannie Mae 1.80057001114% Due 12/25/2019

Government Mortgage Backed Security 425,000 units

417,017



United States Treasury Bonds 8.125% Due 02/15/2021

Government Bond 300,000 units

415,289



Fannie Mae Series 2012-M8 1.52042% Due 04/25/2018

Government Mortgage Backed Security 414,141 units

412,773



Federal Home Loan Mortgage Corporation Multiclass Series 2901 4.5% Due 12/15/2019

Government Mortgage Backed Security 380,000 units

410,875



Fannie Mae Series 2013-M7 Class A2 2.28% Due 12/25/2022

Government Mortgage Backed Security 441,000 units

402,548



Fannie Mae Remic Trust 2004-W12 6.5% Due 07/25/2044

Government Mortgage Backed Security 358,349 units

401,910



Federal Home Loan Mortgage Corporation Series 3507 5% Due 03/15/2036

Government Mortgage Backed Security 375,067 units

401,598



19
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)

Identity of Issue
 
Description of Investment
 
Current Value

Fannie Mae Pool #467059 3.81% Due 01/01/2019

Government Mortgage Backed Security 368,823 units

389,436



Fannie Mae Remic Series 2004-T1 6% Due 01/25/2044

Government Mortgage Backed Security 366,018 units

380,702



Fannie Mae Preassign 00653 5.5% Due 03/25/2023

Government Mortgage Backed Security 345,000 units

378,271



Fannie Mae Remic Series 2008-75 4.5% Due 09/25/2023

Government Mortgage Backed Security 353,214 units

374,866



Fannie Mae Remic Series 2013-6 Class GI 09/25/2032

Government Mortgage Backed Security 2,335,096 units

374,538



Fannie Mae 2011-M2 3.645% Due 07/25/2021

Government Mortgage Backed Security 355,000 units

372,171



Fannie Mae Pool #468564 4.06% Due 07/01/2021

Government Mortgage Backed Security 340,000 units

360,758



Fannie Mae 2006-114 5.5% Due 10/25/2035

Government Mortgage Backed Security 341,558 units

355,390



Fannie Mae 3.5% Due 09/25/2038

Government Agency Bond 345,707 units

351,423



Ginnie Mae 2004-30 5.5% Due 02/20/2034

Government Mortgage Backed Security 321,708 units

350,912



JP Morgan Chase Commercial Mortgage Securities Trust 2006-A4 Due 05/12/2045*

Commercial Mortgage Backed Security 321,104 units

348,793



Federal Home Loan Mortgage Corporation Multiclass Series 2072 6.5% Due 07/15/2028

Government Mortgage Backed Security 304,899 units

342,001



Fannie Mae Preassign 00166 6.5% Due 08/25/2036

Government Mortgage Backed Security 303,229 units

339,806



Fannie Mae Pool #AM4764 3.44% Due 11/01/2023

Government Mortgage Backed Security 340,000 units

338,100



Federal Home Loan Mortgage Corporation Multiclass Series 2980 6% Due 05/15/2035

Government Mortgage Backed Security 295,559 units

331,257



Banc America Commercial Mortgage Inc. 2006-3 Due 07/10/2044*

Commercial Mortgage Backed Security 298,327 units

324,537



Federal Home Loan Mortgage Corporation Multiclass Series 3087 5.5% Due 12/15/2025

Government Mortgage Backed Security 290,721 units

321,865



A10 Securitization 2013-1 LLC

Commercial Mortgage Backed Security 316,000 units

314,943



Federal Home Loan Mortgage Corporation Multiclass Series 3005 5% Due 07/15/2025

Government Mortgage Backed Security 279,761 units

307,925



Springcastle SPV LLC 3.75% Due 04/05/2021

Asset Backed Security 307,305 units

307,882



Ally Auto 0.85% Due 08/15/2016

Asset Backed Security 305,000 units

305,827



Federal Home Loan Mortgage Corporation Multiclass Series 3211 6% Due 12/15/2035

Government Mortgage Backed Security 285,242 units

302,740



Merrill Lynch Mortgage Investors Inc. Series 2003-5 Class-A1 Due 10/25/2028*

Collateralized Mortgage Obligation 303,573 units

300,114



Wachovia Bank National Association 6% Due 11/15/2017

Corporate Bond 260,000 units

300,014



Fannie Mae Series 417 Class C11 2.5% Due 02/25/2028

Government Mortgage Backed Security 2,492,793 units

294,419



World Omni Auto Receivables Trust Series 2012-A 1.0% Due 02/15/2017

Asset Backed Security 293,000 units

293,580



Ginnie Mae Pool 2012-84 Class LI I-O 4% Due 05/16/2042

Government Mortgage Backed Security 1,589,181 units

290,167



NorthStar LLC Serice 2013-1 Class A Floating Rate Due 08/25/2029

Commercial Mortgage Backed Security 289,000 units

288,983



Flagship Credit Corporation

Asset Backed Security 288,275 units

287,803



CPS Auto Receivables Trust 2013-C Class A 1.64% Due 04/16/2018

Asset Backed Security 285,340 units

285,536



Fannie Mae Remic Trust 2010-9 4.5% Due 10/25/2039

Government Mortgage Backed Security 276,922 units

284,729



Fannie Mae Pool #466049 2.49% Due 10/01/2017

Government Mortgage Backed Security 272,785 units

282,750



Carnow Auto Receivables Trust 2013-1 Class A 1.16% Due 10/16/2017

Asset Backed Security 275,948 units

275,814



VNDO Mortgage Trust 2012-6Ave 2.9950% Due 11/15/2030

Commercial Mortgage Backed Security 295,237 units

275,297



Federal Home Loan Mortage Corporation Series 3542 Class N 0% Due 07/15/2036

Government Mortgage Backed Security 300,527 units

273,043



Fannie Mae Pool #890231 5% Due 07/01/2025

Government Mortgage Backed Security 249,227 units

272,330



JP Morgan Chase Commercial Mortgage-Backed Securities Corporation Series 2006-Ldp6 Variable Rate Due 04/15/2043*

Commercial Mortgage Backed Security 250,000 units

270,896



Fannie Mae Pool 00743 3.5% Due 10/25/2037

Government Mortgage Backed Security 262,816 units

270,754



UBS AG Stamford Branch 3.875% Due 01/15/2015

Corporate Bond 260,000 units

268,802



Residential Accredited Loans Inc. Pass-Through Series 2004-QS7 5.5% Due 05/25/2034

Collateralized Mortgage Obligation 253,783 units

258,825



Morgan Stanley Trust Service 2012-IO Remic Pass-Through 1% Due 03/27/2051

Collateralized Mortgage Obligation 258,625 units

258,610



Wachovia Bank Commercial Mortgage Pass-Through Due 07/15/45

Commercial Mortgage Backed Security 240,522 units

258,317



Toyota Motor Credit Corporation 2% Due 09/15/2016

Corporate Bond 250,000 units

257,152



Ginnie Mae 0% Due 12/20/2040

Government Mortgage Backed Security 319,785 units

254,578



National Bank of Canada 1.65% Due 01/30/2014

Corporate Bond 250,000 units

250,258



JP Morgan Mortgage Trust Series 2004-A3 Due 07/25/2034*

Collateralized Mortgage Obligation 248,850 units

246,459



Citigroup/Deutsche Bank Commercial 2005-CD1 Variable Rate Due 07/15/2044

Commercial Mortgage Backed Security 230,000 units

246,142



Fannie Mae 1.43% Due 03/25/2037

Government Mortgage Backed Security 1,667,626 units

245,511



Federal Home Loan Mortgage Corporation Series 3852 Floating Rate Due 05/15/2041

Government Mortgage Backed Security 231,467 units

243,025



Wachovia Corporation 5.75% Due 02/01/2018

Corporate Bond 210,000 units

242,146



Stadshypotek AB (publ) 1.875% Due 10/02/2019

Corporate Bond 250,000 units

240,950



Merrill Lynch Mortgage Investors Inc. 2004-B Class 1 Due 05/25/2029*

Collateralized Mortgage Obligation 247,709 units

240,179



20
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)

Identity of Issue
 
Description of Investment
 
Current Value

UBS Commercial Mortgage 2007 C7 Variable Rate Mortgage Pass Thru Class A/3 09/15/2045

Commercial Mortgage Backed Security 216,110 units

239,679



Fannie Mae Remic Trust 2005-87 5% Due 12/25/2033

Government Mortgage Backed Security 231,518 units

237,347



Exeter Automobile Receivables Trust 2013-1 Class A 0% Due 10/16/2017

Asset Backed Security 233,760 units

234,199



Fannie Mae Pool #Ap0645 3.5% Due 07/01/2032

Government Mortgage Backed Security 232,275 units

233,036



Federal Home Loan Mortgage Corporation Income Only Multiclass Series 4030 3.50% Due 04/15/2027

Government Mortgage Backed Security 1,817,345 units

232,397



Chase Mortgage Financial Trust Series 2007-A1 Pass-Through 2.753% Due 02/25/2037

Collateralized Mortgage Obligation 232,083 units

232,293



Banc America Commercial Mortgage Inc. 2005-3 Pass-Through 4.727% Due 07/10/2043*

Commercial Mortgage Backed Security 220,000 units

228,571



First Horizon Mortgage Pass-Through Trust Series 2004-AR6 4.75% Due 12/25/34

Collateralized Mortgage Obligation 229,648 units

225,871



General Electric Capital Corporation 2.25% Due 11/19/2015

Corporate Bond 219,000 units

225,704



Sequoia Mortgage Trust Floating Rate Due 11/20/2034

Collateralized Mortgage Obligation 228,842 units

225,152



Springleaf Mortgage Loan Trust 2013-1A Class A 1.27% Due 06/25/2058

Collateralized Mortgage Obligation 225,694 units

225,128



United States Treasury Bonds 4.24% Due 05/15/2039

Government Bond 210,000 units

223,945



Homestar Mortgage Acceptance Corporation Series 2004-4 Class A3 Floating Rate Due 09/25/2034

Collateralized Mortgage Obligation 224,456 units

223,383



United States Treasury Bonds 4.5% Due 02/15/2036

Government Bond 200,000 units

222,531



Oracle Corporation 3.625% Due 07/15/2023

Corporate Bond 224,000 units

222,201



Nordea Bank 1.625% Due 05/15/2018

Corporate Bond 225,000 units

219,846



HSBC Bank PLC 4.75% Due 01/19/2021

Corporate Bond 200,000 units

217,086



Flagship Credit Auto Trust 2013-2 Class A 1.94% Due 01/15/19

Asset Backed Security 213,422 units

213,404



Anadarko Petroleum Corporation 6.45% Due 09/15/2036

Corporate Bond 190,000 units

213,358



Goldman Sachs Group Inc. 5.375% Due 03/15/2020

Corporate Bond 190,000 units

211,305



Fannie Mae Pool #735070 6.5% Due 10/01/2024

Government Mortgage Backed Security 190,059 units

211,224



Fannie Mae Pool #254762 5% Due 05/01/2023

Government Mortgage Backed Security 192,791 units

209,234



Master Adjustable Rate Mortgages Trust 2004-8 Due 08/25/2034

Collateralized Mortgage Obligation 208,571 units

207,979



AT&T Inc. 3.875% Due 08/15/2021

Corporate Bond 205,000 units

207,686



Ford Credit Auto Owner .82% Due 12/15/2017

Asset Backed Security 201,000 units

201,730



UBS-Bank of America Merrill Lynch Trust Series 2012-Wrm 3.663% Due 06/10/2030*

Commercial Mortgage Backed Security 211,000 units

200,462



UBS Commercial Mortgage Income Only Trust 2012-C1 2.561868% Due 05/10/2045

Commercial Mortgage Backed Security 1,542,491 units

200,095



United States Treasury Notes 4% Due 08/15/2018

Government Bond 180,000 units

199,645



Fannie Mae Remic Series 2013-13 Class IK 03/25/2028

Government Mortgage Backed Security 1,700,874 units

198,691



UBS-Barclays Commercial Mortgage 2012-C2 3.52500009537% Due 05/10/2063

Commercial Mortgage Backed Security 197,600 units

195,320



CWMBS Inc. 5.25% Due 05/25/2034

Collateralized Mortgage Obligation 185,047 units

190,073



Structured Asset Securities Corporation 2003-26A Pass-Through Due 09/25/2033

Collateralized Mortgage Obligation 190,570 units

186,736



Wells Fargo Resecure Trust 2012-IO Class A 1.75% Due 08/22/2017*

Commercial Mortgage Backed Security 187,763 units

186,636



HLSS Servicer Advance Receivables Series 2013-T1 Class A2T1 1.4953% Due 01/16/2046

Asset Backed Security 186,000 units

185,312



Fannie Mae Pool #256601 6% Due 02/01/2027

Government Mortgage Backed Security 165,401 units

184,177



Cobalt CMBS Commercial Mortgage Trust 2006-C1 Pass-Through 5.186% Due 08/01/48

Commercial Mortgage Backed Security 170,000 units

183,429



Springleaf Mortgage Loan Trust Series 2012-2 Variable Rate Due 10/25/2057

Collateralized Mortgage Obligation 179,423 units

182,783



Fannie Mae Pool #576557 6.5% Due 06/01/2019

Government Mortgage Backed Security 162,653 units

180,879


 
American Credit Acceptance Receivables Series 2013-2 Class A 1.32% Due 02/15/2017
 
Asset Backed Security 180,695 units
 
180,738

 

Springleaf Mortgage Loan Trust 2013-2 Class M-/1 Variable Rate Due 12/25/2065

Collateralized Mortgage Obligation 181,000 units

177,996



Northstar Mortgage Trust Series 2012-1 Floating Rate Due 04/25/2015

Commercial Mortgage Backed Security 177,449 units

177,515



Bayview Commercial Asset Trust Variable Rate Due 11/25/2035

Commercial Mortgage Backed Security 206,746 units

177,140



Morgan Stanley Dean Witter Capital I Trust 2003-HYB1 Variable Rate Due 02/25/2033

Collateralized Mortgage Obligation 175,035 units

173,185



Springleaf Mortgage Loan Trust 2013-2 Class M-2 Variable Rate 12/25/65

Collateralized Mortgage Obligation 175,000 units

172,343



Morgan Stanley 5.75% Due 01/25/2021

Corporate Bond 150,000 units

169,690



Federal Home Loan Mortgage Corporation Multiclass Series 3852 Floating Rate Due 05/15/2041

Government Mortgage Backed Security 161,169 units

167,975



HLSS Servicer Advance Receivables Trust Series 2013-T4 Class AT4 1.183% Due 08/15/2044

Asset Backed Security 168,000 units

167,798



HSBC Holdings PLC 4% Due 03/30/2022

Corporate Bond 163,000 units

167,539



Banc of America Funding Corporation Series 2005-E Class 4-A-1 Due 03/20/2035*

Collateralized Mortgage Obligation 166,546 units

167,323



21
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)

Identity of Issue
 
Description of Investment
 
Current Value

Fannie Mae Stripped Mortgage-Backed Securities Trust 410 Class 29 4% Due 05/25/2027

Government Mortgage Backed Security 1,311,303 units

165,683



AmeriCredit Automobile Receivables Trust 2013-3

Asset Backed Security 164,000 units

163,711



Telefonica 6.221% Due 07/03/2017

Corporate Bond 145,000 units

163,462



Trafigura Securitisation Finance PLC Due 10/15/2015

Asset Backed Security 160,000 units

161,945



Residential Accredited Loans Inc. Pass-Through Series 2003QS7 4.75% Due 04/25/2033

Collateralized Mortgage Obligation 158,668 units

161,564



Royal Bank of Canada 1.2% Due 09/19/2017

Corporate Bond 163,000 units

161,506



Structured Asset Securities Corporation Series 2004-6XS Due 03/25/2034

Asset Backed Security 162,563 units

161,231



United States Treasury Notes 3.25% Due 12/31/2016

Government Bond 150,000 units

160,887



General Electric Capital Corporation 5.5% Due 01/08/2020

Corporate Bond 140,000 units

160,323



Conoco Inc. 6.95% Due 04/15/2029

Corporate Bond 125,000 units

158,172



VFC 2013-1 LLC & Subsidiaries 144A 3.13% Due 03/20/2026

Asset Backed Security 157,102 units

158,032



Wells Fargo & Company 4.48% Due 01/16/2024*

Corporate Bond 158,000 units

157,280



Hess Corporation LLC 5.29% Due 03/25/2016

Asset Backed Security 150,000 units

156,856



Fannie Mae Pool #256556 6% Due 01/01/2027

Government Mortgage Backed Security 141,010 units

156,781



CitiFinancial Mortgage 5.348% Due 08/25/2033

Asset Backed Security 160,999 units

156,428



Thornburg Mortgage Securities Trust 2004-3 Pass-Through Floating Rate Due 11/30/2044

Collateralized Mortgage Obligation 162,861 units

155,871



Santander Drive Auto Receivables Trust 0.82999998331% Due 12/15/2016

Asset Backed Security 155,000 units

155,032



Spectra Energy Capital 5.65% Due 03/01/2020

Corporate Bond 141,000 units

153,539



Banc America Mortgage Securities Inc. Series 2003-3 5.5% Due 05/25/2033*

Collateralized Mortgage Obligation 148,030 units

152,242



Fannie Mae Pool #889213 5.5% Due 10/01/2020

Government Mortgage Backed Security 139,271 units

150,479



Wells Fargo Mortgage Backed Securities Due 09/25/2034*

Collateralized Mortgage Obligation 148,421 units

149,827



Morgan Stanley Capital I Trust 2011-C3 4.054% Due 07/15/2049

Commercial Mortgage Backed Security 141,000 units

149,398



Citigroup Mortgage Loan Trust Series 2010-8 4.5% Due 12/25/2036

Collateralized Mortgage Obligation 144,472 units

148,597



Merrill Lynch & Company Inc. 6.875% Due 04/25/2018*

Corporate Bond 125,000 units

147,796



Washington Mutual Mortgage Pass-Through 2.67% Due 08/25/2033

Collateralized Mortgage Obligation 145,582 units

146,019



Wells Fargo Mortgage Backed Securities 2004-EE Trust Variable Rate Due 12/25/2034*

Collateralized Mortgage Obligation 144,365 units

146,013



PRICOA Global Funding 1.6% Due 05/29/2018

Corporate Bond 150,000 units

145,402



Carfinance Cap Auto Trust 2013-1 Class A 1.65% Due 07/17/2017

Asset Backed Security 144,880 units

144,560



Barrick North America Finance LLC 4.4% Due 05/30/2021

Corporate Bond 150,000 units

144,427



Nordea Bank 7% Due 11/13/2014

Corporate Bond 140,000 units

143,891



CWMBS Inc. Pass-Through 5.25% Due 05/25/2034

Collateralized Mortgage Obligation 141,197 units

142,719



Santander Drive Auto Receivables Trust 1.08% Due 04/15/2016

Asset Backed Security 142,319 units

142,584



Verizon Communications Inc. 5.5% Due 02/15/2018

Corporate Bond 125,000 units

141,220



PHH Mortgage Trust Series 6% Due 07/25/2038

Collateralized Mortgage Obligation 136,513 units

141,066



Citigroup, Inc. 8.5% Due 05/22/2019

Corporate Bond 110,000 units

140,975



Sequoia Mortgage Trust Variable Rate Due 09/20/2034

Collateralized Mortgage Obligation 149,135 units

140,898



JP Morgan Mortgage Trust 2006-A2 3.75% Due 04/25/2036*

Collateralized Mortgage Obligation 138,718 units

139,609



Time Warner Inc. 4.75% Due 03/29/2021

Corporate Bond 130,000 units

138,628



Fannie Mae Series 343 Class 29 5% Due 10/01/2018

Government Mortgage Backed Security 1,789,920 units

138,286



Master Alternative Loan Trust 5.5% Pass-Through

Collateralized Mortgage Obligation 131,677 units

137,830



Comcast Corporation 6.5% Due 01/15/2017

Corporate Bond 120,000 units

137,472



DBUBS Mortgage Trust Pass Through Income Only Series 2011-Lc2 Class X-A 144A Due 07/10/2044

Commercial Mortgage Backed Security 2,414,784 units

137,350



Keycorp 5.1% Due 03/24/2021

Corporate Bond 125,000 units

136,614



JP Morgan Mortgage Trust Series 2004-S1 5.5% Due 09/25/2034*

Collateralized Mortgage Obligation 130,369 units

135,287



Trans Canada Pipelines Limited 3.8% Due 10/01/2020

Corporate Bond 130,000 units

134,567



Barclays Bank 5.2% Due 07/10/2014

Corporate Bond 130,000 units

133,246



Huntington Auto Trusts Series 2012-1 0.81% Due 09/15/2016

Asset Backed Security 132,328 units

132,654



Master Alternative Loan Trust 2004-3 6.25% Due 04/25/2034

Collateralized Mortgage Obligation 127,659 units

132,043



Centex Home Equity 4.68% Due 06/25/2032

Asset Backed Security 126,023 units

130,656



Illinois State Taxable Pension 5.1% Due 06/01/2033

Municipal/Provincial Bond 140,000 units

130,452



Fannie Mae Remic Trust 2010-49 Variable Rate Due 03/25/2040

Government Mortgage Backed Security 111,200 units

130,330



Nabors Industries Limited 4.625% Due 09/15/2021

Corporate Bond 130,000 units

130,152



MetLife Global 2.5% Due 09/29/2015

Corporate Bond 125,000 units

128,741



Bank of America Funding Corporation 7.375% Due 05/15/2014*

Corporate Bond 125,000 units

128,111



International Business Machines Corporation 7.625% Due 10/15/2018

Corporate Bond 100,000 units

125,086



22
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)

Identity of Issue
 
Description of Investment
 
Current Value

Credit Agricole SA 8.375% Floating Rate Due 08/15/2029

Corporate Bond 110,000 units

124,850



Washington Mutual Mortgage 5.5% Due 04/25/2033

Collateralized Mortgage Obligation 122,629 units

124,413



Citigroup Mortgage Loan Trust 2008-AR4 Remic Pass-Through Due 11/25/2038

Collateralized Mortgage Obligation 123,395 units

124,370



American Express Credit 5.125% Due 08/25/2014

Corporate Bond 120,000 units

123,654



Bank of Montreal 2.55% Due 11/06/2022

Corporate Bond 135,000 units

123,420



Kraft Foods Group Inc. 5.375% Due 02/10/2020

Corporate Bond 109,000 units

122,974



Goldman Sachs Group Inc. 7.5% Due 02/15/2019

Corporate Bond 100,000 units

121,797



Morgan Stanley 7.3% Due 05/13/2019

Corporate Bond 100,000 units

121,441



Ginnie Mae 2007-024 Remic Pass-Through Floating Rate Due 05/20/2037

Government Mortgage Backed Security 924,873 units

120,611



General Electric Capital Corporation 5.625% Due 05/01/2018

Corporate Bond 105,000 units

120,579



Citigroup Commercial Mortgage Trust Series 2005-C3 Due 05/15/2043

Commercial Mortgage Backed Security 115,000 units

119,731



United States Treasury Bonds 6.375% Due 08/15/27

Government Bond 90,000 units

119,503



Mercedes-Benz Auto Series 2013-1 Class A 3.78% Due 08/15/2017

Asset Backed Security 119,000 units

119,228



Ontario Province Canada 4% Due 10/07/2019

Municipal/Provincial Bond 110,000 units

119,079



Credit Suisse First Boston Securities Corporation Series 2006-C1 Floating Rate Due 02/15/2039

Commercial Mortgage Backed Security 110,000 units

118,514



Ryder System Inc. Trust 00208 3.5% Due 06/01/2017

Corporate Bond 113,000 units

118,233



Hydro-Quebec Series 8.4% Due 01/15/2022

Municipal/Provincial Bond 90,000 units

117,613



General Electric Capital Corporation 6% Due 08/07/2019

Corporate Bond 100,000 units

117,331



Morgan Stanley 6.625% Due 04/01/2018

Corporate Bond 100,000 units

117,009



Jefferies Group 8.5% Due 07/15/2019

Corporate Bond 95,000 units

115,900



Comcast Corporation 5.7% Due 07/01/2019

Corporate Bond 100,000 units

115,577



Laboratory Corporation of America Holdings 2.2% Due 08/23/2017

Corporate Bond 115,000 units

115,375



Morgan Stanley Mortgage Loan Trust 2004-2AR Due 09/25/2034

Collateralized Mortgage Obligation 117,464 units

115,199



Ameriprise Financial Inc. 4% Due 10/15/2023

Corporate Bond 115,000 units

114,659



First Investors Auto Owner Trust 2013-1 Class A-2 2 .9% Due 10/15/2018

Asset Backed Security 114,604 units

114,656



General Electric Capital Corporation 5.625% Due 09/15/2017

Corporate Bond 100,000 units

113,760



Apple Inc. 2.4% Due 05/03/2023

Corporate Bond 126,000 units

113,301



EOG Resources Inc. 2.625% Due 03/15/2023

Corporate Bond 124,000 units

112,811



British Telecommunications PLC Stepup 12/15/2030

Corporate Bond 75,000 units

111,918



Intuit Inc. 5.75% Due 03/15/2017

Corporate Bond 100,000 units

111,809



Fannie Mae 0% Due 12/01/2024

Government Mortgage Backed Security 115,498 units

111,713



Rio Tinto Financial USA 9% Due 05/01/2019

Corporate Bond 85,000 units

110,978



Praxair Inc. 1.25% Due 11/07/2018

Corporate Bond 115,000 units

109,922



Amerada Hess Corporation 7.3% Due 08/15/2031

Corporate Bond 90,000 units

109,914



Lincoln National Corporation 6.25% Due 02/15/2020

Corporate Bond 95,000 units

109,519



Wells Fargo Mortgage Backed Securities 2004-K Due 07/25/2034*

Collateralized Mortgage Obligation 109,432 units

109,419



Nordea Bank 4.875% Due 01/27/2020

Corporate Bond 100,000 units

109,293



Principal Life Global 2.25% Due 10/15/2018

Corporate Bond 110,000 units

109,127



Toronto Dominion Bank 2.2% Due 07/29/2015

Corporate Bond 105,000 units

107,783



Roche Holdings Inc. 6% Due 03/1/2019

Corporate Bond 92,000 units

107,662



Dow Chemical Company 8.55% Due 05/15/2019

Corporate Bond 83,000 units

107,169



Credit Suisse First Boston 5.125% Due 08/15/2015

Corporate Bond 100,000 units

107,161



Fannie Mae Pool #735439 6% Due 09/01/2019

Government Mortgage Backed Security 100,291 units

106,957



Banc America Commercial Mortgage Inc. 2005-6 5.195% Due 09/10/2047*

Commercial Mortgage Backed Security 100,000 units

106,454



Rabobank Nederland Variable Rate Due 12/29/2049

Corporate Bond 80,000 units

105,900



HSBC Finance Corporation 5% Due 06/30/2015

Corporate Bond 100,000 units

105,672



GMAC Commercial Mortgage Securities 5.238% Due 11/10/2045

Commercial Mortgage Backed Security 100,000 units

105,068



GS Mortgage Securities Corporation 2004-6F 5.5% Due 05/25/3034

Collateralized Mortgage Obligation 99,991 units

104,773



Massmutual Global Funding 3.125% Due 04/14/2016

Corporate Bond 100,000 units

104,676



National Australia Bank Limited 3% Due 07/27/2016

Corporate Bond 100,000 units

104,668



Peco Energy Company 2.375% Due 09/15/2022

Corporate Bond 115,000 units

104,508



Simon Property Group Inc. 6.125% Due 05/30/2018

Corporate Bond 90,000 units

104,203



Morgan Stanley 3.45% Due 02/11/2015

Corporate Bond 100,000 units

104,091



Citigroup, Inc. 6.125% Due 11/21/2017

Corporate Bond 90,000 units

103,744



Ginnie Mae Remic Series 2008-40 Floating Rate Due 05/16/2038

Government Mortgage Backed Security 599,074 units

103,639



HRPT Properties Trust 6.65% Due 01/15/2018

Corporate Bond 95,000 units

103,589



Ginnie Mae 2009-016 Remic Pass-Through Floating Rate Due 05/20/2037

Government Mortgage Backed Security 559,961 units

103,299



Ontario Province Canada 2.7% Due 06/16/2015

Municipal/Provincial Bond 100,000 units

103,289



23
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)

Identity of Issue
 
Description of Investment
 
Current Value

Total Capital 2.3% Due 03/15/2016

Corporate Bond 100,000 units

103,031



Macquarie Bank Limited 5% Due 02/22/2017

Corporate Bond 95,000 units

103,022



Daimler Financial North America LLC 2.25% Due 07/31/2019

Corporate Bond 105,000 units

102,910



EMC Corporation 2.65% Due 06/01/2020

Corporate Bond 105,000 units

102,835



Bayview Commercial Asset Trust Variable Rate Due 01/25/2036

Commercial Mortgage Backed Security 120,455 units

102,807



International Business 1.95% Due 07/22/2016

Corporate Bond 100,000 units

102,735



Commonwealth Bank of Australia 3.75% Due 10/15/2014

Corporate Bond 100,000 units

102,549



Norfolk Southern Corporation 2.903% Due 02/15/2023

Corporate Bond 111,000 units

102,528



Bank of America Corporation 5.65% Due 05/01/2018*

Corporate Bond 90,000 units

102,444



Barclays Bank 2.75% Due 02/23/2015

Corporate Bond 100,000 units

102,259



Banc of America Alternative Loan Trust 2003-5 5% Due 07/25/2018*

Collateralized Mortgage Obligation 99,244 units

102,199



MetLife Global 5.125% Due 06/10/2014

Corporate Bond 100,000 units

102,073



Bank of Nova Scotia 1.65% Due 10/29/2015

Corporate Bond 100,000 units

101,960



Freeport-McMoran 2.15% Due 03/01/2017

Corporate Bond 101,000 units

101,658


 
Residential Accredited Loans Inc. Pass-Through 5% Due 03/25/2019
 
Collateralized Mortgage Obligation 98,059 units
 
101,242

 

Michigan Indiana Power Company 7% Due 03/15/2019

Corporate Bond 85,000 units

101,089



Pfizer Inc. 6.2% Due 03/15/2019

Corporate Bond 85,000 units

100,762



Morgan Stanley 5.5% Due 07/28/2021

Corporate Bond 90,000 units

100,571



Master Asset Security Trust 2003-6 5% Due 07/25/2023

Collateralized Mortgage Obligation 95,229 units

100,459



Schlumberger Oilfield UK PLC 4.2% Due 01/15/2021

Corporate Bond 95,000 units

100,414



National Semiconductor 6.6% Due 06/15/2017

Corporate Bond 85,000 units

99,336



Sempra Energy 9.8% Due 02/15/2019

Corporate Bond 75,000 units

99,078



Banc America Mortgage Securities Inc. 2004-C 3.73055% Due 04/25/2034*

Collateralized Mortgage Obligation 98,999 units

98,980



American Honda Finance Corporation Bond 1.6% Due 02/16/2018

Corporate Bond 100,000 units

98,479



Devon Energy Corporation 7.95% Due 04/15/2032

Corporate Bond 75,000 units

97,610



Kroger Company 3.4% Due 04/15/2022

Corporate Bond 100,000 units

96,998



Banc America Mortgage Securities Inc. 2004-3 Pass-Through 5.5% Due 04/25/2034*

Collateralized Mortgage Obligation 94,520 units

95,920



CVS Caremark Corporation 4% Due 12/05/2023

Corporate Bond 96,000 units

95,797



MetLife Global 3.875% Due 04/11/2022

Corporate Bond 95,000 units

95,795



American Express Company 7% Due 03/19/2018

Corporate Bond 80,000 units

95,587



Federal Home Loan Mortgage Corporation Pool 5.891% Due 08/01/2037

Government Mortgage Backed Security 89,842 units

94,855



CPS Auto 1.59% Due 03/16/2020

Asset Backed Security 95,847 units

94,832



Boeing Company 6% Due 03/15/2019

Corporate Bond 80,000 units

94,228



Diageo Capital PLC 4.828% Due 07/15/2020

Corporate Bond 85,000 units

94,125



Bank of America Corporation 3.3% Due 01/11/2023*

Corporate Bond 99,000 units

93,680



Master Asset Security Trust 5.25% Due 07/25/2019

Collateralized Mortgage Obligation 91,087 units

93,373



General Electric Capital Corporation 2.1% Due 12/11/2019

Corporate Bond 96,000 units

93,342



Deutsche Telekom International 5.75% Due 03/23/2016

Corporate Bond 85,000 units

93,327



Shell International Finance 4.375% Due 03/25/2020

Corporate Bond 85,000 units

93,181



Aflac Inc. 3.625% Due 06/15/2023

Corporate Bond 96,000 units

92,926



Wyeth 5.95% Due 04/01/2037

Corporate Bond 80,000 units

92,736



Port Authority NY & NJ 5.647% Due 11/01/2040

Municipal/Provincial Bond 85,000 units

92,670



FirstEnergy Corporation 7.375% Due 11/15/2031

Corporate Bond 85,000 units

92,360



GS Mortgage Securities Corporation 2005-RP2 Variable Rate Due 03/25/2035

Collateralized Mortgage Obligation 108,522 units

91,993



Banc America Alternative Loan Trust 2004-6 5% Due 07/25/2019*

Collateralized Mortgage Obligation 90,268 units

91,909



HSBC Holdings PLC 4.875% Due 01/14/2022

Corporate Bond 85,000 units

91,725



AIG Sun America Global Financing X 6.9% Due 03/15/2032

Corporate Bond 75,000 units

90,929



Apache Corporation 6% Due 01/15/2037

Corporate Bond 80,000 units

90,692



Ontario Province Canada 0.95% Due 05/26/2015

Municipal/Provincial Bond 90,000 units

90,692



Massmutual Global Funding 2.5% Due 10/17/2022

Corporate Bond 100,000 units

90,320



Canadian Pacific Railway Limited 7.125% Due 10/15/2031

Corporate Bond 75,000 units

90,193



PNC FDG Corporation 6.7% Due 06/10/2019

Corporate Bond 75,000 units

90,088



Verizon Maryland Inc. 5.125% Due 06/15/2033

Corporate Bond 95,000 units

90,070



Morgan Stanley Mortgage Loan Trust 2004-2AR 5% Due 09/25/2034

Collateralized Mortgage Obligation 88,516 units

90,062



Ginnie Mae Remic Series 2008-073 Floating Rate Due 08/20/2038

Government Mortgage Backed Security 505,550 units

89,836



Time Warner Cable Inc. 6.75% Due 07/01/2018

Corporate Bond 80,000 units

89,715



United Technologies Corporation 6.125% Due 02/01/2019

Corporate Bond 75,000 units

88,530



Teva 3.65% Due 11/10/2021

Corporate Bond 90,000 units

88,274



24
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)

Identity of Issue
 
Description of Investment
 
Current Value

Oncor Electric Delivery Company 6.8% Due 09/01/2018

Corporate Bond 75,000 units

88,142



CenterPoint Energy 6.5% Due 05/01/2018

Corporate Bond 75,000 units

87,511



Blackrock Inc. 6.25% Due 09/15/2017*

Corporate Bond 75,000 units

87,021



Ohio State University General Receipts Bond 4.8% Due 06/01/2111

Municipal/Provincial Bond 100,000 units

87,017



Ginnie Mae 2007-058 Remic Pass-Through Floating Rate Due 10/20/2037

Government Mortgage Backed Security 518,480 units
 
86,877

 

Berkshire Hathaway Inc. 3.4% Due 01/31/2022

Corporate Bond 87,000 units

86,538



PPL Energy Supply LLC 4.6% Due 12/15/2021

Corporate Bond 90,000 units

86,485



BB&T Corporation 5.2% Due 12/23/2012

Corporate Bond 80,000 units

86,441



GlaxoSmithKline 5.65% Due 05/15/2018

Corporate Bond 75,000 units

86,336



Baker Hughes Inc. 7.5% Due 11/15/2018

Corporate Bond 70,000 units

86,244



Fannie Mae Remic Trust Pass-Through Variable Rate Due 01/25/2040

Government Mortgage Backed Security 654,543 units

86,067



SNAAC Auto 1.14% Due 07/16/2018

Asset Backed Security 86,132 units

86,063



Pacific Gas & Electric Company 6.05% Due 03/01/2034

Corporate Bond 75,000 units

85,912



MidAmerican Energy 5.3% Due 03/15/2018

Corporate Bond 75,000 units

84,998



Residential FDG Mortgage Securities I Inc. 2003-S4 5.75% Due 03/25/2033

Collateralized Mortgage Obligation 83,488 units

84,438



Banc America Mortgage Securities Inc. 5% Due 06/25/2019*

Collateralized Mortgage Obligation 81,561 units

84,071



Wells Fargo Mortgage Backed Securities 2004-EE Trust Variable Rate Due 12/25/2034*

Collateralized Mortgage Obligation 83,698 units

84,008



Fannie Mae Remic Trust 2005-103 Variable Rate Due 07/25/2035

Government Mortgage Backed Security 71,391 units

83,852



Time Warner Cable Inc. 8.75% Due 02/14/2019

Corporate Bond 70,000 units

83,499



Petro-Canada 7.875% Due 06/15/2026

Corporate Bond 65,000 units

83,484



Halliburton Company 3.5% Due 08/01/2023

Corporate Bond 86,000 units

83,366



Anheuser-Busch 5.375% Due 11/15/2014

Corporate Bond 80,000 units

83,322



WEA Finance LLC 6.75% Due 09/02/2019

Corporate Bond 70,000 units

83,230



Nelnet Student Loan Trust Floating Rate Due 04/25/2024

Asset Backed Security 80,000 units

83,074



Comcast Corporation 5.9% Due 03/15/2016

Corporate Bond 75,000 units

82,829



Berkshire Hathaway Inc. 3.2% Due 02/11/2015

Corporate Bond 80,000 units

82,456



Citigroup, Inc. 4.5% Due 01/14/2022

Corporate Bond 77,000 units

81,598



Ginnie Mae 2010-001 Remic Pass-Through Floating Rate Due 08/16/2039

Government Mortgage Backed Security 677,249 units

81,109



GTP Acquisition Partners I, LLC 4.347% Due 06/15/2016

Corporate Bond 77,000 units

81,040



Royal Bank of Scotland 6.4% Due 10/21/2019

Corporate Bond 70,000 units

80,663



Ginnie Mae 2009-106 Floating Rate Due 06/20/2037

Government Mortgage Backed Security 468,647 units

80,278



Capital One Financial Corporation 4.75% Due 07/15/2021

Corporate Bond 75,000 units

79,751



Anheuser-Busch 6.875% Due 11/15/2019

Corporate Bond 65,000 units

79,685



Goldman Sachs Group Inc. 3.3% Due 05/03/2015

Corporate Bond 77,000 units

79,335



PNC Financial Services Group Inc. Senior Note Due 11/09/2022

Corporate Bond 85,000 units

78,940



Republic Services Inc. 5.5% Due 09/15/2019

Corporate Bond 70,000 units

78,767



Ginnie Mae Floating 2004-86 Remic Pass-Through Due 09/20/2034

Government Mortgage Backed Security 516,064 units

78,214



United States Treasury Bonds Inflation Index 2% Due 01/15/2026

Index Linked Government Bond 60,000 units

78,165



Medco Health 4.125% Due 09/15/2020

Corporate Bond 75,000 units

77,658



Virginia Electric & Power Company 2.95% Due 01/15/2022

Corporate Bond 80,000 units

77,291



Ginnie Mae 2006-26 Remic 0% Due 06/20/2036

Government Mortgage Backed Security 89,339 units

77,225



Ginnie Mae Remic Series 2007-16 Floating Rate Due 04/20/2037

Government Mortgage Backed Security 444,832 units

76,987



General Electric Capital Corporation 5.9% Due 05/13/2014

Corporate Bond 75,000 units

76,517



Macys Retail Holdings 7.45% Due 07/15/2017

Corporate Bond 65,000 units

76,017



Statoil ASA 2.65% Due 01/15/2024

Corporate Bond 84,000 units

75,768



Kaupthing Bank 7.625% Due 12/31/2040

Corporate Bond 310,000 units

75,175



Fannie Mae Remic Series 2004-36 Due 05/25/2034

Government Mortgage Backed Security 54,405 units

75,108



Federal Home Loan Mortgage Corporation Multiclass Preassign 00121 0% Due 07/15/2036

Government Mortgage Backed Security 80,867 units

74,270



Burlington Northern and Santa Fe Railway Company 3.45% Due 09/15/2021

Corporate Bond 75,000 units

74,069



Fannie Mae Remic Trust 1997-89 7% Due 12/20/2027

Government Mortgage Backed Security 336,961 units

73,742



Ginnie Mae 2008-087 Remic Pass-Through 6.5% Due 10/20/2038

Government Mortgage Backed Security 338,740 units

73,169



Ginnie Mae 2009-072 Remic Pass-Through Floating Rate Due 08/16/2039

Government Mortgage Backed Security 463,641 units

73,113



Verizon Communications Inc. 6.4% Due 02/15/2038

Corporate Bond 65,000 units

72,993



Springleaf Mortgage Loan Trust 1.57% Due 12/25/2059

Collateralized Mortgage Obligation 72,511 units

72,225



NextEra Energy Capital Holdings Inc. 3.625% Due 06/15/2023

Corporate Bond 75,000 units

70,346



Federal Home Loan Mortgage Corporation Series 3201 Floating Rate Due 08/15/2036

Government Mortgage Backed Security 506,594 units

70,303



25
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)

Identity of Issue
 
Description of Investment
 
Current Value

HSBC Home Equity Loan Trust Series 2006-1 Due 01/20/2036

Asset Backed Security 72,037 units

70,182



Diamond Offshore Drilling Inc. 3.45% Due 11/01/2023

Corporate Bond 72,000 units

69,512



GMAC Mortgage Loan Trust 2003-J10 4.75% Due 01/25/2019

Collateralized Mortgage Obligation 69,404 units

69,003



Fannie Mae Remic Trust 2001-38 Principal Only Due 08/25/2031

Government Mortgage Backed Security 71,929 units

68,127



Citigroup, Inc. 6.01% Due 01/15/2015

Corporate Bond 64,000 units

67,395



Federal Home Loan Mortgage Corporation Series 2934 Principal Only Due 02/15/2020

Government Mortgage Backed Security 68,934 units

66,763



Citigroup Mortgage Loan Trust 2003-1 5.25% Due 09/25/2033

Collateralized Mortgage Obligation 65,119 units

66,711



Morgan Stanley Capital I Trust Due 02/12/2044

Commercial Mortgage Backed Security 12,901,047 units

66,182



Federal Home Loan Mortgage Corporation Multiclass 0% Due 11/15/2037

Government Mortgage Backed Security 71,459 units

65,978



Washington Mutual Variable Rate Pass-Through Due 09/25/2033

Collateralized Mortgage Obligation 64,815 units

65,399



Time Warner Cable Inc. 7.3% Due 07/01/2038

Corporate Bond 65,000 units

64,817



Merrill Lynch Mortgage Trust Series 2005-LC1 Due 01/12/2044*

Commercial Mortgage Backed Security 60,000 units

64,301



Hewlett-Packard Company 6% Due 09/15/2041

Corporate Bond 64,000 units

64,123



Fannie Mae Remic Trust 2008-91 Floating Rate Due 03/25/2038

Government Mortgage Backed Security 563,565 units

62,909



Wells Fargo Mortgage Backed Securities 2003-F Variable Rate Due 06/25/2033*

Collateralized Mortgage Obligation 63,101 units

62,777



The Home Depot Inc. 3.75% Due 02/15/2024

Corporate Bond 63,000 units

62,706



Ally Auto 1.55% Due 10/15/2014

Asset Backed Security 62,055 units

62,221



Federal Home Loan Mortgage Corporation Series 2684 0% Due 01/15/2033

Government Mortgage Backed Security 62,155 units

62,032



Ginnie Mae 2008-091 Remic Pass-Through 6.5% Due 11/20/2038

Government Mortgage Backed Security 304,287 units

61,688



HCP Inc. 4.25% Due 11/15/2023

Corporate Bond 63,000 units

61,626



Federal Home Loan Mortgage Corporation Series 3784 Floating Rate Due 07/15/2023

Government Mortgage Backed Security 435,979 units

60,680



Federal Home Loan Mortgage Corporation Series 3253 Principal Only Due 12/15/2021

Government Mortgage Backed Security 60,710 units

60,571



Microsoft Corporation 3.625% Due 12/15/2023

Corporate Bond 60,000 units

60,094



JP Morgan Remic Series 2010-4 Variable Rate Due 08/26/2035*

Collateralized Mortgage Obligation 58,673 units

58,576



Bear Stearns Commercial Mortgage Securities Inc. Series 2005-PWR9 4.871% Due 09/15/2015

Commercial Mortgage Backed Security 55,000 units

57,696



MidAmerican Energy Holdings Company 3.75% Due 11/15/2023

Corporate Bond 59,000 units

57,542



Fannie Mae Remic Pass-Through Trust 2009-112 Floating Rate Due 01/25/2040

Government Mortgage Backed Security 430,465 units

56,603



Fannie Mae Series 390 Variable Rate Due 06/25/2038

Government Mortgage Backed Security 306,993 units

56,115



The Mosaic Company 5.45% Due 11/15/2033

Corporate Bond 55,000 units

56,037



Federal Home Loan Mortgage Corporation Series 3747 4.5% Due 07/15/2037

Government Mortgage Backed Security 479,976 units

55,997



Ginnie Mae 2007-059 Remic Pass-Through Due 04/20/2037

Government Mortgage Backed Security 399,461 units

55,523



AGL Capital Corporation 5.875% Due 03/15/2041

Corporate Bond 50,000 units

54,842



Duke Energy Corporation 4.3% Due 06/15/2020

Corporate Bond 50,000 units

53,616



Ginnie Mae 2002-41 Remic Trust Floating Rate Due 06/16/2032

Government Mortgage Backed Security 273,539 units

53,431



Federal Home Loan Mortgage Corporation Floating Rate Due 10/15/2040

Government Mortgage Backed Security 310,981 units

53,049



Verizon Communications Inc. 6.4% Due 09/15/2033

Corporate Bond 46,000 units

52,906



Sempra Energy Company 4.05% Due 12/01/2023

Corporate Bond 53,000 units

52,334



Potash Corporation of Saskatchewan Inc. 3.25% Due 12/01/2017

Corporate Bond 50,000 units

52,174



NiSource Finance Corporation 5.65% Due 02/01/2045

Corporate Bond 50,000 units

51,217



CWMBS Inc. 4% Due 08/25/2033

Collateralized Mortgage Obligation 50,957 units

51,143



Hewlett-Packard Company 4.65% Due 12/09/2021

Corporate Bond 49,000 units

50,454



Fannie Mae Pool #550389 6.45% Due 09/01/2030

Government Mortgage Backed Security 43,092 units

49,665



Ginnie Mae Remic Series 2006-26 Due 06/20/2036

Government Mortgage Backed Security 318,695 units

48,625



Citigroup, Inc. 6.875% Due 03/05/2038

Corporate Bond 39,000 units

47,958



Fannie Mae Series 331 Variable Rate Due 02/01/2033

Government Mortgage Backed Security 180,012 units

47,523



Fannie Mae Remic Trust 2006-20 Variable Rate Due 04/25/2036

Government Mortgage Backed Security 289,234 units

46,830



Federal Home Loan Mortgage Corporation Adjustable Rate Due 05/01/2037

Government Mortgage Backed Security 43,852 units

46,626



Federal Home Loan Mortgage Corporation Series 3218 Floating Rate Due 09/15/2026

Government Mortgage Backed Security 285,616 units

46,158



Ginnie Mae 2010-014 Remic Pass-Through Principal Only Due 12/20/2032

Government Mortgage Backed Security 48,745 units

45,634



Federal Home Loan Mortgage Corporation Preassign 00890 Due 04/15/2036

Government Mortgage Backed Security 48,851 units

44,786



Ginnie Mae 2010-014 0% Due 03/20/2036

Government Mortgage Backed Security 45,100 units

44,703



Ginnie Mae Remic Series 2008-79 Floating Rate Due 09/20/2038

Government Mortgage Backed Security 268,138 units

44,693



Indymac Mortgage Backed Securities Inc. 4.75% Due 02/25/2019

Asset Backed Security 42,039 units

43,052



Ginnie Mae 2006-023 Remic Floating Rate Due 01/20/2036

Government Mortgage Backed Security 406,040 units

42,794



26
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)

Identity of Issue
 
Description of Investment
 
Current Value

Federal Home Loan Mortgage Corporation Series 3117 Principal Only Due 02/15/2036

Government Mortgage Backed Security 46,073 units

42,142



Federal Home Loan Mortgage Corporation Preassign 00603 5% Due 02/15/2020

Government Mortgage Backed Security 427,393 units

41,776



Verizon Communications Inc. 4.5% Due 09/15/2020

Corporate Bond 39,000 units

41,752



Federal Home Loan Mortgage Corporation Pool #M30285 5% Due 02/01/2018

Government Mortgage Backed Security 39,419 units

41,028



Equity One ABS Inc. 5.05% Due 09/25/2033

Asset Backed Security 40,660 units

40,996



Federal Home Loan Mortgage Corporation Principal Only Due 12/15/2032

Government Mortgage Backed Security 41,151 units

39,976



Sequoia Mortgage Trust 2011-1 Pass-Through Floating Rate Due 02-25-2041

Collateralized Mortgage Obligation 39,824 units

39,807



Prime Mortgage Trust 2004-2 Pass-Through 4.75% Due 11/25/2019

Collateralized Mortgage Obligation 37,680 units

39,053



Ginnie Mae 2008-060 Remic Pass-Through 5.5% Due 07/20/2038

Government Mortgage Backed Security 35,000 units

38,748



Chase FDG Mortgage Loan 4.499% Due 08/25/2030

Asset Backed Security 38,332 units

38,461



Federal Home Loan Mortgage Corporation Pool #G02809 3.5% Due 05/01/2036

Government Mortgage Backed Security 33,932 units

38,168



Fannie Mae Remic 390 6% Due 07/25/2023

Government Mortgage Backed Security 343,316 units

36,168



Ginnie Mae 6% Due 06/20/2032

Government Mortgage Backed Security 33,389 units

35,772



Federal Home Loan Mortgage Corporation Series 3117 Due 02/15/2036

Government Mortgage Backed Security 39,602 units

35,294



Fannie Mae Pool #550387 6.45% Due 08/01/2030

Government Mortgage Backed Security 30,505 units

35,147



SunTrust Banks Inc. 2.35% Due 11/01/2018

Corporate Bond 35,000 units

34,815



Fannie Mae Preassign 00506 6% Due 04/25/2017

Government Mortgage Backed Security 32,571 units

34,319



Federal Home Loan Mortgage Corporation Pool #G13390 6% Due 01/01/2024

Government Mortgage Backed Security 31,279 units

34,125



Freddie Mac Series 2643 Floating Rate Due 03/15/2032

Government Mortgage Backed Security 16,070 units

34,115



Federal Home Loan Mortgage Corporation Series 10 Due 07/15/2019

Government Mortgage Backed Security 30,700 units

34,059



Fannie Mae Remic Trust 2010-35 Variable Rate Due 04/25/2040

Government Mortgage Backed Security 232,759 units

33,611



Federal Home Loan Mortgage Corporation Series 2650 Principal Only Due 12/15/2032

Government Mortgage Backed Security 34,309 units

33,598



Berkshire Hathaway Inc. 2.9% Due 10/15/2020

Corporate Bond 33,000 units

32,726



Health Care REIT Inc. 4.5% Due 01/15/2024

Corporate Bond 33,000 units

32,582



Rogers Cable Inc. 8.75% Due 05/01/2032

Corporate Bond 25,000 units

32,411



IntercontinentalExchange Group Inc. 4% Due 10/15/2023

Corporate Bond 32,000 units

32,190



Federal Home Loan Mortgage Corporation Series 3593 Floating Rate Due 11/15/2024

Government Mortgage Backed Security 271,144 units

31,921



Banc America Mortgage Securities Inc. 2004-11 5.75% Due 12/25/2024*

Collateralized Mortgage Obligation 30,767 units

31,643



Federal Home Loan Mortgage Corporation Pool 5.5% Due 11/1/2035

Government Mortgage Backed Security 27,988 units

30,574



Federal Home Loan Mortgage Corporation Series 3171 Principal Only Due 06/15/2036

Government Mortgage Backed Security 32,948 units

30,039



Glitnir Banki HF Medium Term In Default 6.375% Due 09/25/2012

Corporate Bond 100,000 units

29,250



Ginnie Mae 2003-018 Floating Rate Due 09/20/2032

Government Mortgage Backed Security 24,911 units

28,613



AGL Capital Corporation 5.25% Due 08/15/2019

Corporate Bond 25,000 units

27,974



Fannie Mae Preassign 00869 Variable Rate Due 12/25/2032

Government Mortgage Backed Security 21,849 units

27,713



Magellan Midstream Partners LP 5.15% Due 10/15/2043

Corporate Bond 28,000 units

27,599



Federal Home Loan Mortgage Corporation Pool 5.697% Due 04/01/2037

Government Mortgage Backed Security 25,150 units

27,024



The Charles Schwab Corporation 4.45% Due 07/22/2020

Corporate Bond 25,000 units

27,024



Alabama Power Company 3.55% Due 12/01/2023

Corporate Bond 27,000 units

26,499



Federal Home Loan Mortgage Corporation Multiclass Series 2611 Floating Rate Due 05/15/2033

Government Mortgage Backed Security 26,140 units

26,485



Nordstrom, Inc. 4% Due 10/15/2021

Corporate Bond 25,000 units

25,929



Ecolab Inc. 4.35% Due 12/08/2021

Corporate Bond 25,000 units

25,923



Thermo Fisher Scientific Inc. 4.15% Due 02/01/2024

Corporate Bond 25,000 units

24,762



Fannie Mae Pool 5.5% Due 06/1/2036

Government Mortgage Backed Security 22,017 units

24,239



Fannie Mae Pool #745948 6.5% Due 10/01/2036

Government Mortgage Backed Security 21,289 units

23,641



Fannie Mae Pool 5.5% Due 02/1/2036

Government Mortgage Backed Security 21,414 units

23,559



Ginnie Mae 2009-010 Remic Pass-Through Floating Rate Due 03/16/2034

Government Mortgage Backed Security 223,925 units

23,338



Fannie Mae Remic Trust 1993-G17 Variable Rate Due 04/25/2023

Government Mortgage Backed Security 114,217 units

21,824



Fannie Mae Remic Trust 2009-15 Variable Rate Due 03/25/2024

Government Mortgage Backed Security 185,854 units

21,720



Public Service Company of New Hampshire 3.5% Due 11/01/2023

Corporate Bond 22,000 units

21,541



Nucor Corporation 4% Due 08/01/2023

Corporate Bond 22,000 units

21,476



Ensco PLC 4.7% Due 03/15/2021

Corporate Bond 20,000 units

21,155



Bank of America Corporation 4.1% Due 07/24/2023*

Corporate Bond 21,000 units

21,089



Aon Corporation 3.5% Due 09/30/2015

Corporate Bond 20,000 units

20,874



Fannie Mae Preassign 00464 Due 01/25/2036

Government Mortgage Backed Security 20,805 units

20,272



Fannie Mae Floating Rate 2007-88 Due 09/25/2037

Government Mortgage Backed Security 141,905 units

19,733



27
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)

Identity of Issue
 
Description of Investment
 
Current Value

United States Treasury Bonds Inflation Index 3.875% Due 04/15/2029

Index Linked Government Bond 10,000 units

19,471



Federal Home Loan Mortgage Corporation Pool #M30277 5% Due 11/01/2017

Government Mortgage Backed Security 18,276 units

19,021



Cameron International Corporation 4% Due 12/15/2023

Corporate Bond 19,000 units

18,776



Fannie Mae Remic Trust 1997-30 8% Due 05/18/2027

Government Mortgage Backed Security 90,639 units

18,301



Ginnie Mae 2003-112 Floating Rate Due 10/20/2032

Government Mortgage Backed Security 209,611 units

17,948



Fannie Mae Remic Trust 2012-132 Variable Rate Due 12/25/2042

Government Mortgage Backed Security 17,505 units

17,884



Federal Home Loan Mortgage Corporation Series 3306 Floating Rate Due 04/15/2037

Government Mortgage Backed Security 17,771 units

17,138



Mercedes-Benz Auto Receivables Trust 2011-1CI .85% Due 03/15/2015

Asset Backed Security 16,572 units

16,583



Shell International Finance BV 3.4% Due 08/12/2023

Corporate Bond 17,000 units

16,569



First Horizon Pass-Through Series 2003-7 4.5% Due 09/25/2018

Collateralized Mortgage Obligation 15,973 units

16,381



Fannie Mae Remic Trust 2010-43 4.5% Due 02/25/2025

Government Mortgage Backed Security 168,866 units

14,833



Federal Home Loan Mortgage Corporation Multiclass Floating Rate Due 04/15/2037

Government Mortgage Backed Security 15,369 units

14,558



PSEG Power LLC 4.3% Due 11/15/2023

Corporate Bond 14,000 units

13,937



Shell International Finance 4.55% Due 08/12/2043

Corporate Bond 13,000 units

12,679



Fannie Mae Preassign 00470 7% Due 06/25/2033

Government Mortgage Backed Security 51,117 units

12,266



DTAuto Owner Trust Series 2012-2 0.91% Due 11/16/2015

Asset Backed Security 12,041 units

12,041



Chubb Corporation 5.75% Due 05/15/2018

Corporate Bond 10,000 units

11,494



Statoil ASA 2.9% Due 11/08/2020

Corporate Bond 11,000 units

10,928



Duke Realty Corporation 3.875% Due 02/15/2021

Corporate Bond 11,000 units

10,853



Federal Home Loan Mortgage Corporation Pool #M30262 5% Due 03/01/2017

Government Mortgage Backed Security 10,150 units

10,121



First Franklin Mortgage Loan Trust Series 2005-FF9 Floating Rate Due 10/25/2035

Asset Backed Security 9,895 units

9,893



Fannie Mae 5% Due 03/25/2023

Government Mortgage Backed Security 127,529 units

9,889



Ginnie Mae 2008-071 Remic Pass-Through Floating Rate Due 08/20/2038

Government Mortgage Backed Security 65,834 units

9,715



Fannie Mae Remic Series 2008-80 5.60825% Due 09/25/2038

Government Mortgage Backed Security 74,650 units

9,355



Fannie Mae 2009-18 5% Due 03/25/2024

Government Mortgage Backed Security 105,928 units

9,181



AT&T Inc. 4.35% Due 06/15/2045

Corporate Bond 10,000 units

8,466



Fannie Mae Preassign 00033 5% Due 03/25/2032

Government Mortgage Backed Security 8,205 units

8,259



Santander Drive Auto Receivables Trust 2010-A3 1.83% Due 11/17/2014

Asset Backed Security 6,987 units

6,992



Federal Home Loan Mortgage Corporation Series 3219 6% Due 04/15/2036

Government Mortgage Backed Security 37,289 units

6,639



Fannie Mae Remic Trust 2008-53 Variable Rate Due 07/25/2038

Government Mortgage Backed Security 38,056 units

6,231



Fannie Mae Remic Series 2009-9 5% Due 02/25/2024

Government Mortgage Backed Security 56,841 units

5,610



Ginnie Mae 2001-53 Remic Trust Due 10/20/2031

Government Mortgage Backed Security 69,395 units

5,096



Wells Fargo Mortgage Backed Securities 2004-BB Trust Due 01/25/2035*

Collateralized Mortgage Obligation 5,005 units

5,004



Bear Stearns Asset Backed Security Trust Adjustable Rate Due 12/25/2033

Asset Backed Security 4,595 units

4,508



Federal Home Loan Mortgage Corporation Preassign 00482 6.5% Due 03/15/2033

Government Mortgage Backed Security 19,461 units

4,053



Residential Asset Mortgage Products Inc. Floating Rate Due 03/25/2033

Asset Backed Security 1,837 units

1,607



Ginnie Mae 2010-014 Remic Pass-Through Principal Only Due 06/16/2033

Government Mortgage Backed Security 761 units

761



John Deere Owner Trust 1.28999996185% Due 01/15/2016

Asset Backed Security 689 units

690



NT Collective Short Term Investment Fund*

Collective trust fund 515 units

515



Ginnie Mae 2003-076 Remic Pass-Through Variable Rate Due 09/20/2031

Government Mortgage Backed Security 12,308 units

136


Total Fixed Income Asset Class





222,621,882









Fixed Income Index Asset Class:
 
 
 
 
 

NT Collective Aggregate Bond Index Fund - Non Lending*
 
Collective trust fund 635,969 units
 
78,879,233

 
Total Fixed Income Index Asset Class
 
 
 
 
78,879,233

 
 
 
 
 
 
 
High Yield Asset Class:







Blackrock High Yield Bond Fund

Mutual Fund 4,874,683 shares

40,069,890



NT Collective Short Term Investment Fund*

Collective trust fund 8,897,039 units

8,897,039


 
Schaeffler Holding Finance BV 6.875% Due 08/15/18

Corporate Bond 640,000 units

678,399


 
Texas Industries Inc. 9.25% Due 08/15/2020

Corporate Bond 460,000 units

512,324


 
Virgin Media Finance PLC 5.25% Due 01/15/2021

Corporate Bond 435,000 units

443,807


 
Lions Gate Entertainment Corporation Lions Gate7/13 2Nd Lien Term Ln 07/17/2020

Bank Loans 400,000 units

401,999


 
Chassix Inc. 9.25% Due 08/01/2018

Corporate Bond 365,000 units

388,724


 
TMX Finance LLC 8.5% Due 09/15/2018

Corporate Bond 360,000 units

383,399



28
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)

Identity of Issue
 
Description of Investment
 
Current Value
 
Crown Castle International Corporation 5.25% Due 01/15/2023

Corporate Bond 375,000 units

367,499


 
Carlson Wagonlit Travel BV 6.875% Due 06/15/2019

Corporate Bond 345,000 units

357,937


 
DineEquity Inc. 9.5% Due 10/30/2018

Corporate Bond 320,000 units

355,199


 
Sprint Capital Corporation 6.875% Due 11/15/2028

Corporate Bond 365,000 units

344,012


 
Phibro Animal Health 9.25% Due 07/01/2018

Corporate Bond 315,000 units

335,474


 
Cogent Comunications Group Inc. 8.375% Due 02/15/2018

Corporate Bond 300,000 units

325,499


 
RRI Energy Inc. 7.875% Due 06/15/2017

Corporate Bond 290,000 units

318,999


 
Alliance Data System Corporation 6.375% Due 04/01/2020

Corporate Bond 300,000 units

314,249


 
Smurfit KAPPA Funding PLC 7.5% Due 11/20/2025

Corporate Bond 270,000 units

295,312


 
Nationstar Mortgage LLC 8.375% Due 08/01/2018

Corporate Bond 280,000 units

291,199


 
PHH Corporation 9.25% Due 03/01/2016

Corporate Bond 255,000 units

290,062


 
Seagate HDD Cayman 4.75% Due 06/01/2023

Corporate Bond 300,000 units

280,499


 
PetroQuest Energy Inc. 10% Due 09/01/2017

Corporate Bond 265,000 units

274,937


 
Satelites 9.5% Due 05/15/2017

Corporate Bond 255,000 units

274,124


 
Brunswick Corporation 4.625% Due 05/15/2021

Corporate Bond 285,000 units

272,174


 
Rex Energy Corporation 8.875% Due 12/01/2020

Corporate Bond 240,000 units

262,799


 
Florida East Coast Railway Company 8.125% Due 02/01/2017

Corporate Bond 250,000 units

260,937


 
Boise Cascade Company 6.375% Due 11/01/2020

Corporate Bond 245,000 units

257,862


 
Nova Chemicals Corporation 5.25% Due 08/01/2023

Corporate Bond 250,000 units

257,500


 
Telecable Videotron Ltee 5% Due 07/15/2022

Corporate Bond 250,000 units

244,375


 
NCR Corporation 5% Due 07/15/2022

Corporate Bond 255,000 units

242,569


 
Jeld-Wen Escrow Corporation, Inc. 12.25% Due 10/15/2017

Corporate Bond 205,000 units

232,675


 
Hecla Mining Company 6.875% Due 05/01/2021

Corporate Bond 240,000 units

230,400


 
TW Telecom Holdings Inc. 5.375% Due 10/01/2022

Corporate Bond 230,000 units

225,975


 
General Motors Financial Company Inc. 3.25% Due 05/15/2018

Corporate Bond 225,000 units

225,000


 
D R Horton Inc. 5.75% Due 08/15/2023

Corporate Bond 220,000 units

223,850


 
William Carter Company 5.25% Due 08/15/2021

Corporate Bond 220,000 units

223,300


 
NAI Entertainment Holding LLC 5% Due 08/01/2018

Corporate Bond 215,000 units

221,988


 
Kaiser Aluminum Corporation 8.25% Due 06/01/2020

Corporate Bond 195,000 units

220,350


 
Allegy 5.875% Due 08/15/2023

Corporate Bond 215,000 units

217,136


 
PDC Energy Inc. 7.75% Due 10/15/2022

Corporate Bond 200,000 units

216,000


 
Equinix Inc. 5.375% Due 04/01/2023

Corporate Bond 220,000 units

215,050


 
SBA Communications Corporation 8.25% Due 08/15/2019

Corporate Bond 200,000 units

214,500


 
American Tire Distributors Inc. 9.75% Due 06/01/2017

Corporate Bond 200,000 units

212,000


 
CONSOL Energy Inc. 8% Due 04/01/2017

Corporate Bond 200,000 units

210,750


 
MetroPCS Communications, Inc. 6.625% Due 04/01/2023

Corporate Bond 200,000 units

206,500


 
Calmulet Specialty Products Partners LP 9.375% Due 05/01/2019

Corporate Bond 185,000 units

205,350


 
Algeco Scotsman 10.75% Due 10/15/2019

Corporate Bond 185,000 units

195,175


 
Linn Energy LLC 6.5% Due 05/15/2019

Corporate Bond 190,000 units

193,800


 
Exide Technologies 8.625% Due 02/01/2018

Corporate Bond 270,000 units

193,050


 
Concho Resources Inc. 5.5% Due 10/01/2022

Corporate Bond 185,000 units

191,013


 
Arch Coal Inc. 7% Due 06/15/2019

Corporate Bond 240,000 units

190,800


 
Algeco Scotsman Global Finance PLC 8.5% Due 10/15/2018

Corporate Bond 175,000 units

189,438


 
Fidelity & Guaranty Life Holdings Inc. 6.375% Due 04/01/2021

Corporate Bond 180,000 units

189,000


 
Alphabet Holding Company Inc. 7.75% Due 11/01/2017

Corporate Bond 183,000 units

188,719


 
American Equity Investment Life Holding Co. 6.625% Due 07/15/2021

Corporate Bond 180,000 units

188,100


 
CBRE Services Inc. 5% Due 03/15/2023

Corporate Bond 195,000 units

187,444


 
AAR Corp 7.25% Due 01/15/2022

Corporate Bond 175,000 units

187,250


 
Affinity Gaming Finance Corp 9% Due 05/15/2018

Corporate Bond 175,000 units

187,250


 
Valeant Pharmaceuticals International, Inc. 6.875% Due 12/01/2018

Corporate Bond 175,000 units

187,250


 
CCO Holdings LLC 5.25% Due 09/30/2022

Corporate Bond 200,000 units

186,750


 
NuStar Logistics LP 6.75% Due 02/01/2021

Corporate Bond 180,000 units

185,745


 
Vulcan Materials Company 6.5% Due 12/01/2016

Corporate Bond 165,000 units

184,800


 
Hughes Satellite 7.625% Due 06/15/2021

Corporate Bond 165,000 units

183,975


 
Briggs & Stratton Corporation 6.875% Due 12/15/2020

Corporate Bond 167,000 units

183,491


 
Headwaters Inc. 7.625% Due 04/01/2019

Corporate Bond 170,000 units

183,175


 
Scotts Miracle-Gro Company 6.625% Due 12/15/2020

Corporate Bond 170,000 units

183,175


 
Oasis Petroleum Inc. 7.25% Due 02/01/2019

Corporate Bond 170,000 units

182,750



29
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)

Identity of Issue
 
Description of Investment
 
Current Value
 
FGI Operating Company LLC 7.875% Due 05/01/2020

Corporate Bond 170,000 units

181,900


 
Cooper-Standard Holdings Inc. 7.375% Due 04/01/2018

Corporate Bond 180,000 units

180,900


 
Mueller Water Products Inc. 8.75 Due 09/01/2020

Corporate Bond 160,000 units

179,200


 
Quebecor Media Inc. 5.75% Due 01/15/2023

Corporate Bond 185,000 units

178,988


 
Expro Finance Luxembourg S.C.A 8.5% Due 12/15/2016

Corporate Bond 170,000 units

177,225


 
Belden Inc. 5.5% Due 09/01/2022

Corporate Bond 180,000 units

176,400


 
Nationstar Mortgage LLC 7.875% Due 10/01/2020

Corporate Bond 170,000 units

176,375


 
Brookfield Resdential Propertys Inc. 6.5% Due 12/15/2020

Corporate Bond 170,000 units

176,375


 
MultiPlan Inc. 9.875% Due 09/01/2018

Corporate Bond 160,000 units

176,000


 
Provident Funding Associates LP 6.75% Due 06/15/2021

Corporate Bond 175,000 units

174,125


 
Amsted Industries Inc. 8.125% Due 03/15/2018

Corporate Bond 165,000 units

173,869


 
Stone Energy Corporation 7.5 Due 11/15/2022

Corporate Bond 160,000 units

167,200


 
Nationstar Mortgage LLC 6.5% Due 08/01/2018

Corporate Bond 160,000 units

162,800


 
Commercial Metals Company 4.875% Due 05/15/2023

Corporate Bond 175,000 units

162,750


 
T-Mobile US Inc. 6.731% Due 04/28/2022

Corporate Bond 155,000 units

161,588


 
Calpine Corporation 7.5% Due 02/15/2021

Corporate Bond 147,000 units

160,414


 
Land O'Lakes Inc. 6% Due 11/15/2022

Corporate Bond 155,000 units

159,650


 
Playa Resorts Holding BV 8% Due 08/15/2020

Corporate Bond 150,000 units

159,188


 
Community Choice Financial Inc. 10.75% Due 05/01/2019

Corporate Bond 190,000 units

159,125


 
KeHE Distrbutors LLC 7.625% Due 08/15/2021

Corporate Bond 150,000 units

159,000


 
PVR Partners, LP 8.25% Due 04/15/2018

Corporate Bond 150,000 units

159,000


 
Inc Resh LLC 11.5% Due 07/15/2019

Corporate Bond 140,000 units

155,750


 
Hanger Inc. 7.125% Due 11/15/2018

Corporate Bond 145,000 units

155,150


 
LSB Industries Inc. 7.75% Due 08/01/2019

Corporate Bond 145,000 units

152,250


 
B&G Foods, Inc. 4.625% Due 06/01/2021

Corporate Bond 155,000 units

148,800


 
Chesapeake Oilfield Operating LLC 6.625% Due 11/15/2019

Corporate Bond 140,000 units

146,650


 
Allison Transmission Holdings Inc. 7.125% Due 05/15/2019

Corporate Bond 135,000 units

145,463


 
WPX Energy Inc. 6% Due 01/15/2022

Corporate Bond 145,000 units

145,000


 
GenCorp Inc. 7.125% Due 03/15/2021

Corporate Bond 135,000 units

144,450


 
WCI Communities Inc. 6.875% Due 08/15/2021

Corporate Bond 145,000 units

144,275


 
Anixter International Inc. 5.625% Due 05/01/2019

Corporate Bond 135,000 units

141,919


 
DigitalGlobe Inc. 5.25% Due 2/01/2021

Corporate Bond 145,000 units

141,375


 
C&S Group Enterprises LLC 8.375% Due 05/01/2017

Corporate Bond 133,000 units

140,980


 
Avis Budget Car Rent LLC 5.5% Due 04/01/2023

Corporate Bond 145,000 units

140,469


 
Koppers Holdings Inc. 7.875% Due 12/01/2019

Corporate Bond 130,000 units

140,400


 
New Gold Inc. Canada 6.25% Due 11/15/2022

Corporate Bond 145,000 units

140,288


 
Ally Financial Inc. 7.5% Due 09/15/2020

Corporate Bond 120,000 units

139,800


 
ProQuest LLC 9% Due 10/15/2018

Corporate Bond 135,000 units

139,725


 
UTD Rentals Inc. 7.625% Due 04/15/2022

Corporate Bond 125,000 units

138,906


 
Cooper-Standard Automotive Inc. 8.5% Due 5/1/2018

Corporate Bond 130,000 units

137,800


 
General Cable Corporation 5.75% Due 10/01/2022

Corporate Bond 140,000 units

137,200


 
MTR Gaming Group 11.5% Due 08/01/2019

Corporate Bond 120,000 units

133,350


 
Spectrum Brands Escrow Corporation 6.375% Due 11/15/2020

Corporate Bond 120,000 units

128,100


 
Flexi-Van Leasing Inc. 7.875% Due 08/15/2018

Corporate Bond 120,000 units

127,200


 
TransDigm Group Inc. 5.5% Due 10/15/2020

Corporate Bond 130,000 units

127,075


 
Actuant Corporation 5.625% Due 06/15/2022

Corporate Bond 125,000 units

126,563


 
Radio System Corporation 8.375% Due 11/01/2019

Corporate Bond 115,000 units

126,213


 
Atlas Pipeline Partners, L.P. 6.625% Due 10/01/2020

Corporate Bond 120,000 units

125,400


 
Tempur Sealy International Inc. formerly Tempur-Pedic International Inc. 6.875% Due 12/15/2020

Corporate Bond 115,000 units

125,350


 
Interface Inc. Series B 7.625% Due 12/01/2018

Corporate Bond 116,000 units

124,700


 
Building Materials Corporation of America 6.75% Due 05/01/2021

Corporate Bond 115,000 units

124,488


 
Spectrum Brands Escrow Corporation 6.625% Due 11/15/2022

Corporate Bond 115,000 units

122,331


 
L Brands Inc. 5.625% Due 10/15/2023

Corporate Bond 120,000 units

121,800


 
Allied Specialty 8.5% Due 11/01/2019

Corporate Bond 115,000 units

117,588


 
New Enterprise 13% Due 03/15/2018

Corporate Bond 104,000 units

117,520


 
Sprint Corporation 7.125% Due 06/15/2024

Corporate Bond 115,000 units

116,725


 
Freedom Group, Inc.

Bank Loans 115,000 units

116,006


 
BlueScope Steel Limited 7.125% Due 05/01/2018

Corporate Bond 110,000 units

115,225



30
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)

Identity of Issue
 
Description of Investment
 
Current Value
 
ACI Worldwide Inc. 6.375% Due 08/15/2020

Corporate Bond 110,000 units

114,950


 
TRAC Intermodal 11% Due 08/15/2019

Corporate Bond 100,000 units

114,250


 
Plastipak Hldgs Inc. 6.5% Due 10/01/2021

Corporate Bond 110,000 units

113,850


 
KEMET Corporation 10.5% Due 05/01/2018

Corporate Bond 115,000 units

113,563


 
Ashton Woods USA LLC 6.875% Due 2/15/21

Corporate Bond 115,000 units

113,563


 
GenOn Escrow Corporation 9.5% Due 10/15/2018

Corporate Bond 100,000 units

113,250


 
Hertz Global Holdings Inc. 4.25 Due 04/01/2018

Corporate Bond 110,000 units

112,750


 
Lamar Media Corporation 5.875% Due 02/01/2022

Corporate Bond 110,000 units

112,750


 
Smithfield Foods Inc. 7.75% Due 07/01/2017

Corporate Bond 95,000 units

111,388


 
T-Mobile US Inc. 6.5% Due 01/15/2024

Corporate Bond 110,000 units

111,375


 
SM Energy Company 6.5% Due 11/15/2021

Corporate Bond 105,000 units

111,300


 
American Rock Salt Company LLC 8.25% Due 05/01/2018

Corporate Bond 110,000 units

110,825


 
Intelsat Jackson 7.5% Due 04/01/2021

Corporate Bond 100,000 units

110,250


 
Rivers Pittsburg Borrower LP 9.5% Due 06/15/2019

Corporate Bond 100,000 units

109,750


 
Great Lakes Dredge & Dock Corporation 7.375% Due 02/01/2019

Corporate Bond 105,000 units

109,725


 
Ally Financial Inc. 5.5% Due 02/15/2017

Corporate Bond 100,000 units

108,250

 
 
Libbey Glass Inc. 6.875% Due 05/15/2020

Corporate Bond 100,000 units

108,000

 
 
New Gold Inc. Canada 7% Due 04/15/2020

Corporate Bond 105,000 units

107,888

 
 
Valeant Pharmaceuticals International, Inc. 7% 10/01/2020

Corporate Bond 100,000 units

107,750

 
 
PolyOne Corporation 5.25% Due 03/15/2023

Corporate Bond 110,000 units

107,250

 
 
Wolverine World Wide Inc. 6.125% Due 10/15/2020

Corporate Bond 100,000 units

107,000

 
 
Nielsen Finance LLC 4.5% Due 10/01/2020

Corporate Bond 110,000 units

106,975

 
 
Nesco LLC/Nesco Holdings Corporation 11.75% Due 04/15/2017

Corporate Bond 95,000 units

106,875

 
 
Catalent Pharma Solutions, Inc. 7.875% Due 10/15/2018

Corporate Bond 105,000 units

106,838

 
 
ConvaTec Healthcare E SA 10.5% Due 12/15/2018

Corporate Bond 95,000 units

106,756

 
 
Comstock Resources Inc. 7.75% Due 04/01/2019

Corporate Bond 100,000 units

106,250

 
 
Vail Resorts Inc. 6.5% Due 05/01/2019

Corporate Bond 100,000 units

106,000

 
 
The Geo Group Inc. 6.625% Due 2/15/2021

Corporate Bond 100,000 units

105,750

 
 
W&T Offshore Inc. 8.5% Due 06/15/2019

Corporate Bond 100,000 units

105,750

 
 
Novelis Inc. 8.75% Due 12/15/2020

Corporate Bond 95,000 units

105,688

 
 
Credit Accepance Corporation 9.125% Due 02/01/2017

Corporate Bond 100,000 units

105,000

 
 
Telecable Videotron Ltee 9.125% Due 04/15/2018

Corporate Bond 100,000 units

104,750

 
 
Hilton Worldwide Holdings Inc. 5.625% Due 10/15/2021

Corporate Bond 100,000 units

103,750

 
 
AEP Industries Inc. 8.25% Due 04/15/2019

Corporate Bond 95,000 units

102,125

 
 
Mirant Americas Energy Marketing LP 9.125% Due 05/01/2031

Corporate Bond 100,000 units

101,750

 
 
General Motors Acceptance Corporation 8% Due 11/01/2031

Corporate Bond 85,000 units

101,150

 
 
Dish DBS Corporation 5.125% Due 05/01/2020

Corporate Bond 100,000 units

100,250

 
 
Rosetta Resources Inc. 5.625% Due 05/01/2021

Corporate Bond 100,000 units

99,750

 
 
Mattamy Group Corporation 6.5% Due 11/15/2020

Corporate Bond 100,000 units

99,000

 
 
Churchill Downs Inc. 5.375% Due 12/15/2021

Corporate Bond 95,000 units

96,663

 
 
Arch Coal Inc. 8% Due 01/15/2019

Corporate Bond 95,000 units

94,763

 
 
American Capital, Ltd. 6.5% Due 09/15/2018

Corporate Bond 90,000 units

93,825

 
 
Titan International Inc. III 6.875% Due10/01/2020

Corporate Bond 90,000 units

93,825

 
 
Sothebys Formerly Sothebys Holdings Inc. 5.25% Due 10/01/2022

Corporate Bond 100,000 units

93,750

 
 
The Howard Hughes Corporation 6.875% Due 10/01/2021

Corporate Bond 90,000 units

93,600

 
 
Constellation Energy Resources LLC 4.25% Due 05/01/2023

Corporate Bond 100,000 units

93,250

 
 
SquareTwo Financial 11.625% Due 04/01/2017

Corporate Bond 90,000 units

93,038

 
 
Building Materials Holding Corporation 9% Due 09/15/2018

Corporate Bond 85,000 units

91,588

 
 
Amerigas Partners, L.P. 6.25% Due 08/20/2019

Corporate Bond 85,000 units

91,375

 
 
MarkWest Energy 6.5% Due 08/15/2021

Corporate Bond 85,000 units

91,375

 
 
Chesapeake Midstream Partners, LP 6.125% Due 07/15/2022

Corporate Bond 85,000 units

90,950

 
 
Eldorado Resorts LLC 8.625% Due 06/15/19

Corporate Bond 85,000 units

90,738

 
 
Murphy Oil Corporation 6% Due 08/15/2023

Corporate Bond 90,000 units

90,450

 
 
Woodside Homes Company 6.75% Due 12/15/2021

Corporate Bond 90,000 units

90,225

 
 
CFG Holdings Limited 11.5% Due 11/15/2019

Corporate Bond 85,000 units

90,100

 
 
Cantor Commercial Real Estate Company, LP 7.75% Due 2/15/18

Corporate Bond 85,000 units

89,888

 
 
Universal Hospital Services Inc. 7.625% Due 08/15/2020

Corporate Bond 85,000 units

89,675

 
 
Comstock Resources Inc. 9.5% Due 06/15/2020

Corporate Bond 80,000 units

89,600

 

31
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)

Identity of Issue
 
Description of Investment
 
Current Value
 
National Financial Partners Corporation 9% Due 07/15/2021

Corporate Bond 85,000 units

89,250

 
 
Dish DBS Corporation 4.625% Due 07/15/2017

Corporate Bond 85,000 units

89,038

 
 
CTP Transportation Products LLC 8.25% Due 12/15/2019

Corporate Bond 85,000 units

88,613

 
 
Newfield Exploration Company 7.125% Due 05/15/2018

Corporate Bond 85,000 units

88,273

 
 
Concho Resources Inc. 7% Due 01/15/2021

Corporate Bond 80,000 units

88,000

 
 
Range Resources Corporation 5% Due 03/15/2023

Corporate Bond 90,000 units

87,975

 
 
HCA Inc. 6.5% Due 02/15/2020

Corporate Bond 80,000 units

87,900

 
 
HCA Inc. 7.25% Due 09/15/2020

Corporate Bond 80,000 units

87,200

 
 
Compass Investors Inc. 7.75% Due 01/15/2021

Corporate Bond 85,000 units

86,913

 
 
MarkWest Energy 6.75% Due 11/01/2020

Corporate Bond 80,000 units

86,800

 
 
Cash America International Inc. 5.75% Due 05/15/2018

Corporate Bond 90,000 units

85,500

 
 
Grifols Inc. 8.25% Due 02/01/2018

Corporate Bond 80,000 units

85,300

 
 
Centene Corporation Del 5.75% Due 06/01/2017

Corporate Bond 80,000 units

85,000

 
 
HCA Inc. 8.5% Due 04/15/2019

Corporate Bond 80,000 units

84,800

 
 
Speedy Cash International 10.75% Due 05/15/2018

Corporate Bond 80,000 units

84,200

 
 
Teleflex Inc. 6.875% Due 06/01/2019

Corporate Bond 80,000 units

84,000

 
 
Ingles Markets Inc. 5.75% Due 06/15/2023

Corporate Bond 85,000 units

83,300

 
 
Gibraltar Industries Inc. 6.25% Due 02/01/2021

Corporate Bond 80,000 units

82,200

 
 
Wise Metals Group LLC 8.75% Due 12/15/18

Corporate Bond 75,000 units

78,938

 
 
Forum Energy Technologies Inc. 6.25% Due 10/01/2021

Corporate Bond 75,000 units

78,750

 
 
ResCare Inc. 10.75% Due 01/15/2019

Corporate Bond 70,000 units

78,400

 
 
Allegion US Holding Company Inc. 5.75% Due 10/01/2021

Corporate Bond 75,000 units

78,000

 
 
Continental Resources Inc. 5% Due 09/15/2022

Corporate Bond 75,000 units

77,906

 
 
Alphabet Holding Company Inc. 7.75% Due 11/01/2017

Corporate Bond 75,000 units

77,344

 
 
Valassis Communications Inc. 6.625% Due 02/01/2021

Corporate Bond 75,000 units

77,344

 
 
Seagate HDD Cayman 7% Due 11/01/2021

Corporate Bond 70,000 units

77,263

 
 
Headwaters Inc. 7.25% Due 01/15/2019

Corporate Bond 75,000 units

77,063

 
 
Approach Resources Inc. 7% Due 06/15/2021

Corporate Bond 75,000 units

76,875

 
 
Salix Pharmaceuticals Limited 6% Due 01/15/2021

Corporate Bond 75,000 units

76,875

 
 
BE Aerospace Inc. 6.87%5 Due 10/01/2020

Corporate Bond 70,000 units

76,825

 
 
NCR Escrow Corporation 6.375% Due 12/15/2023

Corporate Bond 75,000 units

76,594

 
 
Peabody Energy Corporation 7.875% Due 11/01/2026

Corporate Bond 75,000 units

76,125

 
 
Stoneridge Inc. 9.5% Due10/15/2017

Corporate Bond 70,000 units

75,950

 
 
Antero Resources Corporation 5.375% Due 11/01/2021

Corporate Bond 75,000 units

75,750

 
 
Rialto Holdings LLC 7% Due 12/01/2018

Corporate Bond 75,000 units

75,750

 
 
Forest Laboratories Inc. 5% Due 12/15/2021

Corporate Bond 75,000 units

75,281

 
 
WESCO Distribution Inc. 5.375% Due 12/15/2021

Corporate Bond 75,000 units

75,000

 
 
MetroPCS Communications, Inc. 6.625% Due 11/15/2020

Corporate Bond 70,000 units

74,200

 
 
Frontier 7.125% Due 01/15/2023

Corporate Bond 75,000 units

74,063

 
 
RHP Hotel Properties LP 5% Due 04/15/2021

Corporate Bond 75,000 units

74,063

 
 
St Barbara Mines Limited Formerly St Barbara 8.875% Due 4/15/2018

Corporate Bond 90,000 units

74,025

 
 
Tekni-Plex Inc. 9.75% Due 06/01/2019

Corporate Bond 65,000 units

73,775

 
 
Taylor Morrison Communities Inc. / Monarch Communities Inc. 5.25% Due 04/15/2021

Corporate Bond 75,000 units

72,938

 
 
Chesapeake Energy Corporation 6.625% Due 08/15/2020

Corporate Bond 65,000 units

72,638

 
 
PolyOne Corporation 7.375% Due 09/15/2020

Corporate Bond 65,000 units

71,825

 
 
B/E Aerospace Inc. 5.25% Due 04/01/2022

Corporate Bond 70,000 units

71,050

 
 
Sprint Capital Corporation 6.9% Due 05/01/2019

Corporate Bond 65,000 units

71,013

 
 
Markwest Energy Partners LP 5.5% Due 02/15/2023

Corporate Bond 70,000 units

70,525

 
 
Prospect Holding Company 10.25% Due 10/01/2018

Corporate Bond 75,000 units

70,500

 
 
Nielsen Finance LLC 7.75% 10/15/2018

Corporate Bond 65,000 units

70,200

 
 
Cenveo Inc. 8.875% Due 02/01/2018

Corporate Bond 70,000 units

70,000

 
 
Newfield Exploration Company 5.625% Due 07/01/2024

Corporate Bond 70,000 units

69,650

 
 
Silgan Holdings Inc. 5% Due 04/01/2020

Corporate Bond 70,000 units

69,125

 
 
CNG Holdings Inc. 9.375% Due 05/15/2020

Corporate Bond 75,000 units

69,000

 
 
Range Resources Corporation 5% Due 08/15/2022

Corporate Bond 70,000 units

68,775

 
 
Eagle Spinco Inc. 4.625% Due 02/15/2021

Corporate Bond 70,000 units

68,600

 
 
Hologic Inc. 6.25% Due 08/01/2020

Corporate Bond 65,000 units

68,575

 
 
Sabra Health Care REIT Inc. 5.375% Due 06/01/2023

Corporate Bond 70,000 units

68,075

 

32
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)

Identity of Issue
 
Description of Investment
 
Current Value
 
Nationstar Mortgage LLC 9.625% Due 05/01/2019

Corporate Bond 60,000 units

67,500

 
 
Calmulet Specialty Products Partners LP 9.375% Due 05/01/2019

Corporate Bond 60,000 units

66,600

 
 
Lennar Corporation 4.75% Due 11/15/2022

Corporate Bond 70,000 units

64,925

 
 
Mueller Water Products Inc. 7.375% Due 06/01/2017

Corporate Bond 62,000 units

63,550

 
 
Isle Capri Casinos Inc. 5.875% Due 03/15/2021

Corporate Bond 60,000 units

58,950

 
 
Chesapeake Midstream Partners, LP 5.875% Due 04/15/2021

Corporate Bond 55,000 units

58,575

 
 
Oshkosh Corporation 8.5% Due 03/01/2020

Corporate Bond 50,000 units

55,250

 
 
IAC/InterActiveCorp 4.875% Due 11/30/2018

Corporate Bond 50,000 units

51,125

 
 
Peabody Energy Corporation 6.25% Due 11/15/2021

Corporate Bond 50,000 units

50,500

 
 
Sprint Corporation 7.875 Due 09/15/2023

Corporate Bond 45,000 units

48,375

 
 
Activision Blizzard Inc. 5.625% Due 09/15/2021

Corporate Bond 45,000 units

46,575

 
 
Stearns Holdings Inc. 9.375% Due 08/15/2020

Corporate Bond 45,000 units

45,900

 
 
T-Mobile US Inc. 6.125% Due 01/15/2022

Corporate Bond 45,000 units

45,788

 
 
Equinix Inc. 7% Due 07/15/2021

Corporate Bond 41,000 units

44,793

 
 
TransDigm Group Inc. 7.75% Due 12/15/2018

Corporate Bond 40,000 units

42,900

 
 
Amerigas Finance Corp 7% Due 5/20/22

Corporate Bond 38,000 units

41,230

 
 
Jaguar Land Rover Automotive PLC 4.125% Due 12/15/2018

Corporate Bond 40,000 units

40,250

 
 
MarkWest Energy 4.5% Due 07/15/2023

Corporate Bond 40,000 units

37,500

 
 
Peabody Energy Corporation 6.5% Due 09/15/2020

Corporate Bond 35,000 units

36,838

 
 
Sally Holdings LLC/Sally Capital Inc. 5.75% Due 06/01/2022

Corporate Bond 35,000 units

36,400

 
 
ROC Finance LLC 12.125% Due 09/01/2018

Corporate Bond 35,000 units

35,963

 
 
GLP Capital LP 4.375% Due 11/01/2018

Corporate Bond 30,000 units

30,675

 
 
Oasis Petroleum Inc. 6.875% Due 03/15/2022

Corporate Bond 25,000 units

26,500

 
 
Activision 6.125% Due 09/15/2023

Corporate Bond 25,000 units

26,062

 
 
Valeant Pharmaceuticals International, Inc. Canada 5.625% Due 12/01/2021

Corporate Bond 10,000 units

10,050

 
 
T-Mobile US Inc. 6.464% Due 04/28/2019

Corporate Bond 5,000 units

5,313

 
Total High Yield Asset Class





85,575,887










Inflation Protection Asset Class:








NT Collective Treasury Inflation-Protected Securities Index Fund - Non Lending*

Collective trust fund 407,043 units

52,264,331



Total Inflation Protection Asset Class





52,264,331










International Growth Asset Class:








Artisan International Fund*
 
 Collective trust fund 4,156,885 units
 
86,338,505




MFS Institutional International Equity Fund
 
 Mutual Fund 3,702,637 shares
 
83,050,138




NT Collective EAFE Index Fund - Non Lending*
 
 Collective trust fund 37,276 units
 
10,076,906




Thai Baht
 
 Cash and cash equivalent 7,607 units
 
7,607



 
Brazilian Real
 
 Cash and cash equivalent 2,975 units
 
2,975

 
 
NT Collective Short Term Investment Fund*

 Collective trust fund 96 units

96

 
 
Singapore Dollar

 Cash and cash equivalent 2 units

2

 
Total International Growth Asset Class





179,476,229










Total International Index Asset Class:








NT Collective All Country World Index (ACWI) Ex-US Fund - Non Lending*

Collective trust fund 245,854 units

32,206,905



Total International Index Asset Class





32,206,905

 
 
 
 
 
 
 
Total International Value Asset Class:
 
 
 
 
 

Dodge & Cox International Fund
 
Mutual Fund 3,157,055 shares

135,879,636

 

Altrinsic International Equty Value Fund*
 
Collective trust fund 7,391,821 units

84,289,674

 

NT Collective EAFE Index Fund - Non Lending*

Collective trust fund 68,113 units

18,412,992



Total International Value Asset Class
 
 
 
 
238,582,302

 
 
 
 
 
 
 
Large Cap Growth Asset Class:







NT Collective Russell 1000 Growth Index Fund - Non Lending*

Collective trust fund 117,017 units

28,976,044



Google Inc. Class A

Common and preferred stock 16,495 shares

18,486,104



Visa Inc. Class A

Common and preferred stock 71,420 shares

15,903,806



Amazon.com Inc.

Common and preferred stock 32,370 shares

12,908,832



Facebook Inc.

Common and preferred stock 186,460 shares

10,191,904



33
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)

Identity of Issue
 
Description of Investment
 
Current Value

priceline.com Inc.

Common and preferred stock 8,533 shares

9,918,759



Salesforce.com Inc.

Common and preferred stock 166,860 shares

9,209,003



Las Vegas Sands Corporation

Common and preferred stock 89,860 shares

7,087,258



Baidu, Inc.

Common and preferred stock 36,900 shares

6,563,772



Biogen Idec Inc.

Common and preferred stock 22,790 shares

6,375,503



NT Collective Short Term Investment Fund*

Collective trust fund 6,094,709 units

6,094,709



Apple Inc.

Common and preferred stock 9,650 shares

5,414,712



Linkedin Corporation Class A

Common and preferred stock 24,790 shares

5,375,216



Regeneron Pharmaceuticals, Inc.

Common and preferred stock 18,200 shares

5,009,368



Chipotle Mexican Grill Inc.

Common and preferred stock 9,300 shares

4,954,854



Walt Disney Company

Common and preferred stock 63,036 shares

4,815,950



ASML Holding N. V.

Common and preferred stock 48,100 shares

4,506,970



Mastercard, Inc. Class A

Common and preferred stock 5,380 shares

4,494,775



National Oilwell Varco, Inc.

Common and preferred stock 55,950 shares

4,449,704



International Business Machines Corporation

Common and preferred stock 23,374 shares

4,384,261



Microsoft Corporation

Common and preferred stock 116,587 shares

4,363,851



Schlumberger Limited

Common and preferred stock 47,500 shares

4,280,225



Gilead Sciences Inc.

Common and preferred stock 56,750 shares

4,264,763



ARM Holdings PLC

Common and preferred stock 76,200 shares

4,171,188



Nike Inc. Class B

Common and preferred stock 51,600 shares

4,057,824



Starbucks Corporation

Common and preferred stock 51,724 shares

4,054,644



Splunk Inc.

Common and preferred stock 57,800 shares

3,969,126



Alexion Pharmaceuticals Inc.

Common and preferred stock 29,100 shares

3,872,046



Intuitive Surgical, Inc.

Common and preferred stock 9,790 shares

3,760,143



Costco Wholesale Corporation

Common and preferred stock 29,920 shares

3,560,779



Honeywell International Inc.

Common and preferred stock 38,710 shares

3,536,933



Biomarin Pharmaceutical Inc.

Common and preferred stock 48,280 shares

3,392,636



Coca-Cola Company

Common and preferred stock 81,747 shares

3,376,969



Southwestern Energy

Common and preferred stock 85,700 shares

3,370,581



Monsanto Company

Common and preferred stock 28,900 shares

3,368,295



Yahoo! Inc.

Common and preferred stock 78,870 shares

3,189,503



Cerner Corporation

Common and preferred stock 55,400 shares

3,087,996



Oracle Corporation

Common and preferred stock 79,790 shares

3,052,765



Liberty Global PLC

Common and preferred stock 33,980 shares

3,023,880



The Charles Schwab Corporation

Common and preferred stock 114,600 shares

2,979,600



Philip Morris International Inc.

Common and preferred stock 33,490 shares

2,917,984



Precision Castparts Corporation

Common and preferred stock 10,690 shares

2,878,817



Qualcomm Inc.

Common and preferred stock 38,608 shares

2,866,644



Morgan Stanley

Common and preferred stock 90,330 shares

2,832,749



Expedia Inc.

Common and preferred stock 40,610 shares

2,828,893



Ulta Salon Cosmetics & Fragrance Inc.

Common and preferred stock 29,300 shares

2,828,036



FMC Technologies Inc.

Common and preferred stock 54,100 shares

2,824,561



Sherwin-Williams Company

Common and preferred stock 14,520 shares

2,664,420



EOG Resources Inc.

Common and preferred stock 14,900 shares

2,500,816



Eaton Corporation PLC

Common and preferred stock 32,620 shares

2,483,034



IntercontinentalExchange Group Inc.

Common and preferred stock 10,990 shares

2,471,871



B/E Aerospace Inc.

Common and preferred stock 27,630 shares

2,404,639



Discover Financial Services

Common and preferred stock 42,470 shares

2,376,197



Monster Beverage Corporation

Common and preferred stock 33,670 shares

2,281,816



Affiliated Managers Group Inc.

Common and preferred stock 10,460 shares

2,268,565



Anadarko Petroleum Corporation

Common and preferred stock 27,560 shares

2,186,059



Sirius XM Holdings Inc.

Common and preferred stock 625,370 shares

2,182,541



Allergan Inc.

Common and preferred stock 19,500 shares

2,166,060



Actavis PLC

Common and preferred stock 12,830 shares

2,155,440



Catamaran Corporation

Common and preferred stock 45,120 shares

2,142,298



CVS Caremark Corporation

Common and preferred stock 29,010 shares

2,076,246



United Parcel Service Inc. Class B

Common and preferred stock 19,670 shares

2,066,924



JP Morgan Chase & Company*

Common and preferred stock 34,850 shares

2,038,028



34
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)

Identity of Issue
 
Description of Investment
 
Current Value

Northern Trust Corporation*

Common and preferred stock 32,430 shares

2,007,093



Estee Lauder Companies Inc. Class A

Common and preferred stock 26,390 shares

1,987,695



Accenture PLC

Common and preferred stock 23,810 shares

1,957,658



Express Scripts Holding Company

Common and preferred stock 27,500 shares

1,931,600



Halliburton Company

Common and preferred stock 37,430 shares

1,899,573



The Goldman Sachs Group Inc.

Common and preferred stock 10,570 shares

1,873,638



Discovery Communications Inc.

Common and preferred stock 20,640 shares

1,866,269



Fortune Brands Home & Securities Inc.

Common and preferred stock 40,120 shares

1,833,484



Ralph Lauren Corporation Class A

Common and preferred stock 10,340 shares

1,825,734



Celgene Corporation

Common and preferred stock 10,780 shares

1,821,389



American Tower Corporation

Common and preferred stock 22,480 shares

1,794,354



Wells Fargo & Company*

Common and preferred stock 39,020 shares

1,771,508



Nordstrom, Inc.

Common and preferred stock 28,250 shares

1,745,850



Johnson & Johnson

Common and preferred stock 18,970 shares

1,737,462



Athenahealth Inc.

Common and preferred stock 12,700 shares

1,708,150



Yandex NV Class A

Common and preferred stock 39,430 shares

1,701,405



Under Armor Inc. Class A

Common and preferred stock 19,160 shares

1,672,668



Kansas City Southern

Common and preferred stock 13,330 shares

1,650,654



Abbott Laboratories

Common and preferred stock 42,870 shares

1,643,207



Mondelez International Inc.

Common and preferred stock 46,190 shares

1,630,507



Omnicom Group Inc.

Common and preferred stock 21,887 shares

1,627,736



ServiceNow Inc.

Common and preferred stock 28,930 shares

1,620,369



Stryker Corporation

Common and preferred stock 21,310 shares

1,601,233



Red Hat Inc.

Common and preferred stock 28,330 shares

1,587,613



The Gap Inc.

Common and preferred stock 40,270 shares

1,573,752



T Rowe Price Group Inc.

Common and preferred stock 18,371 shares

1,538,939



FleetCor Technologies Inc.

Common and preferred stock 13,070 shares

1,531,412



Medtronic Inc.

Common and preferred stock 26,500 shares

1,520,835



eBay Inc.

Common and preferred stock 26,770 shares

1,469,405



Jarden Corporation

Common and preferred stock 23,950 shares

1,469,333



Equinix Inc.

Common and preferred stock 8,020 shares

1,423,149



Parker-Hannifin Corporation

Common and preferred stock 10,840 shares

1,394,458



Intuit Inc.

Common and preferred stock 18,220 shares

1,390,550



Scripps Networks Interactive Inc. Class A

Common and preferred stock 16,000 shares

1,382,560



Bed Bath & Beyond Inc.

Common and preferred stock 17,124 shares

1,375,057



VeriSign Inc.

Common and preferred stock 22,740 shares

1,359,397



Starwood Hotels & Resorts Worldwide Inc.

Common and preferred stock 17,010 shares

1,351,445



Verisk Analytics Inc. Class A

Common and preferred stock 20,110 shares

1,321,629



Chicago Bridge & Iron Company

Common and preferred stock 15,550 shares

1,292,827



TJX Companies Inc.

Common and preferred stock 20,010 shares

1,275,237



Rockwell Automation Inc.

Common and preferred stock 10,730 shares

1,267,857



Intel Corporation

Common and preferred stock 48,830 shares

1,267,627



EMC Corporation

Common and preferred stock 50,000 shares

1,257,500



Marsh & McLennan Companies Inc.

Common and preferred stock 25,220 shares

1,219,639



Paccar Inc.

Common and preferred stock 20,550 shares

1,215,944



F5 Networks Inc.

Common and preferred stock 13,210 shares

1,200,261



Becton, Dickinson and Company

Common and preferred stock 10,740 shares

1,186,663



Cardinal Health Inc.

Common and preferred stock 17,210 shares

1,149,800



Church & Dwight Inc.

Common and preferred stock 16,970 shares

1,124,772



Yelp Inc. Class A

Common and preferred stock 16,150 shares

1,113,543



VMware Inc.

Common and preferred stock 12,160 shares

1,090,874



Occidental Petroleum Corporation

Common and preferred stock 11,430 shares

1,086,993



Ingersoll-Rand PLC

Common and preferred stock 17,440 shares

1,074,304



Adobe Systems Inc.

Common and preferred stock 17,490 shares

1,047,301



Joy Global Inc.

Common and preferred stock 17,570 shares

1,027,669



Covidien PLC

Common and preferred stock 15,040 shares

1,024,224



PulteGroup Inc.

Common and preferred stock 49,110 shares

1,000,371



Alaska Air Group Inc.

Common and preferred stock 13,490 shares

989,761



35
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)

Identity of Issue
 
Description of Investment
 
Current Value

Mattel Inc.

Common and preferred stock 20,770 shares

988,237



Chevron Corporation

Common and preferred stock 7,720 shares

964,305



Harley-Davidson Motor Company

Common and preferred stock 13,900 shares

962,436



Coach Inc.

Common and preferred stock 16,830 shares

944,668


 
Agilent Technologies Inc.

Common and preferred stock 16,396 shares

937,687



Petsmart Inc.

Common and preferred stock 12,840 shares

934,110


 
SM Energy Company

Common and preferred stock 11,210 shares

931,663



CF Industries Holdings, Inc.

Common and preferred stock 3,840 shares

894,874



L Brands Inc.

Common and preferred stock 13,664 shares

845,118


 
Teradata Corporation

Common and preferred stock 17,580 shares

799,714



Citrix Systems, Inc.

Common and preferred stock 12,150 shares

768,488


 
Ecolab, Inc.

Common and preferred stock 7,140 shares

744,488


Total Large Cap Growth Asset Class
 
 
 
 
400,525,614

 
 
 
 
 
 
 
Large Cap Index Asset Class:








NT Collective S&P 500 Index Fund – Non Lending*

Collective trust fund 113,622 units

661,941,029



Total Large Cap Index Asset Class





661,941,029

 
 
 
 
 
 
 
Large Cap Value Asset Class:





 

NT Collective Russell 1000 Value Index Fund - Non Lending*

Collective trust fund 41,246 units

10,217,037

 

Wells Fargo & Company*

Common and preferred stock 123,909 shares

5,625,468

 

Comcast Corporation Class A

Common and preferred stock 91,955 shares

4,778,442

 

Microsoft Corporation

Common and preferred stock 125,726 shares

4,705,924

 

Merck & Company Inc.

Common and preferred stock 91,595 shares

4,584,330

 

General Electric Company

Common and preferred stock 154,075 shares

4,318,722

 

Pfizer Inc.

Common and preferred stock 137,141 shares

4,200,629

 

NT Collective Short Term Investment Fund*

Collective trust fund 4,050,163 units

4,050,163

 

Sanofi-Aventis

Common and preferred stock 75,354 shares

4,041,235

 

Schlumberger Limited

Common and preferred stock 43,822 shares

3,948,800

 

Capital One Financial Corporation

Common and preferred stock 50,000 shares

3,830,500

 

Chevron Corporation

Common and preferred stock 29,232 shares

3,651,369

 

Hewlett-Packard Company

Common and preferred stock 127,500 shares

3,567,450

 

Bank of America Corporation*

Common and preferred stock 224,661 shares

3,497,972

 

JP Morgan Chase & Company*

Common and preferred stock 54,901 shares

3,210,610

 

Time Warner Inc.

Common and preferred stock 39,500 shares

2,753,940

 

Novartis AG

Common and preferred stock 33,000 shares

2,652,540

 

The Charles Schwab Corporation

Common and preferred stock 97,500 shares

2,535,000

 

MetLife Inc.*

Common and preferred stock 43,943 shares

2,369,407

 

Glaxosmithkline PLC

Common and preferred stock 44,000 shares

2,349,160

 

UnitedHealth Group Inc.

Common and preferred stock 30,671 shares

2,309,526

 

Time Warner Cable Inc.

Common and preferred stock 17,000 shares

2,303,500

 

FedEx Corporation

Common and preferred stock 16,000 shares

2,300,320

 

Liberty Interactive Corporation

Common and preferred stock 73,918 shares

2,169,493

 

Bank of New York Mellon Corporation

Common and preferred stock 61,000 shares

2,131,340

 

The Goldman Sachs Group Inc.

Common and preferred stock 12,000 shares

2,127,120

 

Forest Laboratories Inc.

Common and preferred stock 34,574 shares

2,075,477

 

Roche Holdings Limited

Common and preferred stock 29,500 shares

2,070,900

 

Vodafone Group PLC

Common and preferred stock 48,399 shares

1,902,565

 

Twenty-First Century Fox Inc. Class A

Common and preferred stock 51,000 shares

1,794,180

 

Symantec Corporation

Common and preferred stock 75,000 shares

1,768,500

 

State Street Corporation

Common and preferred stock 23,165 shares

1,700,079

 

Exxon Mobil Corporation

Common and preferred stock 16,791 shares

1,699,249

 

Ameriprise Financial Inc.

Common and preferred stock 14,720 shares

1,693,536

 

Vulcan Materials Company

Common and preferred stock 25,522 shares

1,516,517

 

Wal-Mart Stores Inc.

Common and preferred stock 18,700 shares

1,471,503

 

Illinois Tool Works Inc.

Common and preferred stock 17,258 shares

1,451,053



Unum Group

Common and preferred stock 40,643 shares

1,425,756

 

Citigroup, Inc.

Common and preferred stock 27,046 shares

1,409,367

 

36
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)

Identity of Issue
 
Description of Investment
 
Current Value

Google Inc. Class A

Common and preferred stock 1,250 shares

1,400,888

 

Northrop Grumman Corporation

Common and preferred stock 12,200 shares

1,398,242

 

Motorola Solutions Inc.

Common and preferred stock 20,660 shares

1,394,550

 

Baker Hughes Inc.

Common and preferred stock 25,000 shares

1,381,500

 

TE Connectivity Limited

Common and preferred stock 25,000 shares

1,377,750

 

Nokia Corporation

Common and preferred stock 165,000 shares

1,338,150

 

Sealed Air Corporation

Common and preferred stock 39,278 shares

1,337,416

 

Marathon Oil Corporation

Common and preferred stock 37,654 shares

1,329,186

 

PNC Financial Services Group

Common and preferred stock 17,122 shares

1,328,325

 

Lowes Companies Inc.

Common and preferred stock 26,746 shares

1,325,264

 

Eli Lilly & Company

Common and preferred stock 25,827 shares

1,317,177

 

Omnicom Group Inc.

Common and preferred stock 17,699 shares

1,316,275

 

Discover Financial Services

Common and preferred stock 23,340 shares

1,305,873

 

American International Group Inc.

Common and preferred stock 25,407 shares

1,297,027

 

Eaton Corporation PLC

Common and preferred stock 17,011 shares

1,294,877

 

Norfolk Southern Corporation

Common and preferred stock 13,920 shares

1,292,194

 

Noble Energy Inc.

Common and preferred stock 18,762 shares

1,277,880

 

E. I. du Pont de Nemours & Company

Common and preferred stock 19,540 shares

1,269,514

 

AOL Inc.

Common and preferred stock 26,766 shares

1,247,831

 

Texas Instruments Inc.

Common and preferred stock 28,397 shares

1,246,912

 

Hess Corporation LLC

Common and preferred stock 15,010 shares

1,245,830

 

Viacom Inc. Class B

Common and preferred stock 14,226 shares

1,242,499

 

General Motors Company

Common and preferred stock 30,260 shares

1,236,726

 

Weyerhaeuser Company

Common and preferred stock 38,887 shares

1,227,663

 

Covidien PLC

Common and preferred stock 18,002 shares

1,225,936

 

Philip Morris International Inc.

Common and preferred stock 14,059 shares

1,224,961

 

CVS Caremark Corporation

Common and preferred stock 16,964 shares

1,214,113

 

Apache Corporation

Common and preferred stock 14,000 shares

1,203,160

 

Travelers Companies Inc.

Common and preferred stock 13,216 shares

1,196,577

 

Family Dollar Stores Inc.

Common and preferred stock 17,631 shares

1,145,486

 

Mondelez International Inc.

Common and preferred stock 32,382 shares

1,143,085

 

EMC Corporation

Common and preferred stock 45,330 shares

1,140,050

 

NextEra Energy Inc.

Common and preferred stock 12,994 shares

1,112,546

 

Verizon Communications Inc.

Common and preferred stock 22,613 shares

1,111,203

 

Valero Energy Corporation

Common and preferred stock 21,396 shares

1,078,358

 

Bristol-Myers Squibb Company

Common and preferred stock 20,198 shares

1,073,524

 

Corning Inc.

Common and preferred stock 60,000 shares

1,069,200

 

Honeywell International Inc.

Common and preferred stock 11,596 shares

1,059,527

 

NetApp Inc.

Common and preferred stock 25,500 shares

1,049,070

 

PepsiCo Inc.

Common and preferred stock 12,591 shares

1,044,298

 

Apple Inc.

Common and preferred stock 1,854 shares

1,040,298

 

Fifth Third Bancorp

Common and preferred stock 49,138 shares

1,033,372

 

Aegon N.V.

Common and preferred stock 107,500 shares

1,019,100

 

Cisco Systems Inc.

Common and preferred stock 44,457 shares

998,060

 

Legg Mason Inc.

Common and preferred stock 22,674 shares

985,866

 

Dish Network Corporation Class A

Common and preferred stock 16,100 shares

932,512

 

eBay Inc.

Common and preferred stock 16,800 shares

922,152

 

Celanese Corporation

Common and preferred stock 16,500 shares

912,615

 

HCA Holdings, Inc.

Common and preferred stock 18,670 shares

890,746

 

Liberty Global PLC

Common and preferred stock 9,988 shares

888,832

 

Coach Inc.

Common and preferred stock 15,500 shares

870,015

 

US Bancorp

Common and preferred stock 21,263 shares

859,025

 

Terex Corporation

Common and preferred stock 20,318 shares

853,153

 

Calpine Corporation

Common and preferred stock 42,640 shares

831,906

 

The ADT Corporation

Common and preferred stock 20,500 shares

829,635

 

Deere & Company

Common and preferred stock 8,899 shares

812,746

 

Synopsys Inc.

Common and preferred stock 20,000 shares

811,400

 

DIRECTV

Common and preferred stock 11,568 shares

799,233

 

37
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)

Identity of Issue
 
Description of Investment
 
Current Value

The Dow Chemical Company

Common and preferred stock 18,000 shares

799,200

 

Sprint Corporation

Common and preferred stock 68,192 shares

733,064

 

BB&T Corporation

Common and preferred stock 19,500 shares

727,740

 

Tyco International Limited

Common and preferred stock 17,500 shares

718,200

 

Weatherford International Limited

Common and preferred stock 45,600 shares

706,344

 

Dover Corporation

Common and preferred stock 7,236 shares

698,563

 

Consol Energy Inc.

Common and preferred stock 18,232 shares

693,545

 

Adobe Systems Inc.

Common and preferred stock 11,500 shares

688,620

 

Sun Trust Banks Inc.

Common and preferred stock 18,500 shares

680,985

 

Firstenergy Corporation

Common and preferred stock 19,879 shares

655,609

 

Koninklijke Philips NV

Common and preferred stock 17,000 shares

628,490

 

Computer Sciences Corporation

Common and preferred stock 11,000 shares

614,680

 

AutoNation Inc.

Common and preferred stock 12,366 shares

614,467

 

Medtronic Inc.

Common and preferred stock 10,500 shares

602,595

 

Boston Scientific Corporation

Common and preferred stock 50,000 shares

601,000

 

Procter & Gamble Company

Common and preferred stock 7,251 shares

590,304

 

HSBC Holdings PLC

Common and preferred stock 10,500 shares

578,865

 

Xerox Corporation

Common and preferred stock 47,500 shares

578,075

 

Cigna Corporation

Common and preferred stock 6,500 shares

568,620

 

Unilever PLC

Common and preferred stock 12,500 shares

515,000

 

Oracle Corporation

Common and preferred stock 12,974 shares

496,385

 

Panasonic Corporation

Common and preferred stock 40,000 shares

466,400

 

Maxim Integrated Products Inc.

Common and preferred stock 15,000 shares

418,650

 

CarMax Inc.

Common and preferred stock 7,500 shares

352,650

 

McGraw Hill Financial Inc.

Common and preferred stock 4,000 shares

312,800

 

Cadence Design Systems, Inc.

Common and preferred stock 19,500 shares

273,390

 

Express Scripts Holding Company

Common and preferred stock 3,800 shares

266,912

 

NVR Inc.

Common and preferred stock 200 shares

205,202

 

News Corporation Class A

Common and preferred stock 10,000 shares

180,200

 

Domtar Corporation

Common and preferred stock 900 shares

84,906

 
Total Large Cap Value Asset Class
 
 
 
 
198,071,449









Participant Self-Directed Accounts

Various investments



272,501,890









Real Estate Investment Trust (REIT) Asset Class:







Vanguard Specialized Portfolios REIT Index Fund Institutional Class

Mutual Fund 5,881,432 shares

83,398,699



NT Collective Short Term Investment Fund*

Collective trust fund 8,180,718 units

8,180,718


Total Real Estate Investment Trust (REIT) Asset Class





91,579,417









Small-Mid Cap Growth Asset Class:







NT Collective Russell 2000 Growth Index Fund - Non Lending*

Collective trust fund 25,079 units

6,067,659



NT Collective Short Term Investment Fund*

Collective trust fund 2,154,806 units

2,154,806



Ultimate Software Group Inc.

Common and preferred stock 12,343 shares

1,891,193



Copart Inc.

Common and preferred stock 36,103 shares

1,323,175



MSC Industial Direct Company Inc. Class A

Common and preferred stock 15,191 shares

1,228,496



Knight Transportation Inc.

Common and preferred stock 59,746 shares

1,095,742



MWI Veterinary Supply, Inc.

Common and preferred stock 6,184 shares

1,054,929



B/E Aerospace Inc.

Common and preferred stock 11,341 shares

987,007



IPC The Hospitalist Company, Inc.

Common and preferred stock 14,225 shares

844,823



Wesco Aircraft Holdings Inc.

Common and preferred stock 37,297 shares

817,550



Syntel Inc.

Common and preferred stock 8,200 shares

745,790



Dril-Quip Inc.

Common and preferred stock 6,780 shares

745,325



Life Time Fitness Inc.

Common and preferred stock 15,805 shares

742,835



Manhattan Associates, Inc.

Common and preferred stock 6,244 shares

733,545



Power Integrations Inc.

Common and preferred stock 13,081 shares

730,181



Costar Group Inc.

Common and preferred stock 3,889 shares

717,832



HDFC Bank Limited

Common and preferred stock 20,490 shares

705,676



Signature Bank of New York

Common and preferred stock 6,494 shares

697,585



38
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)

Identity of Issue
 
Description of Investment
 
Current Value

Affiliated Managers Group Inc.

Common and preferred stock 3,215 shares

697,269



Seattle Genetics Inc.

Common and preferred stock 17,320 shares

690,895



IPG Photonics Corporation

Common and preferred stock 8,888 shares

689,798



HEICO Corporation Class A

Common and preferred stock 15,901 shares

669,750



Polaris Industries Inc.

Common and preferred stock 4,554 shares

663,245



Cooper Companies Inc.

Common and preferred stock 5,108 shares

632,575



Fluidigm Corporation

Common and preferred stock 16,486 shares

631,744



Blue Nile Inc.

Common and preferred stock 12,764 shares

601,057



Waste Connections Inc.

Common and preferred stock 13,688 shares

597,207



Jack Henry & Associates Inc.

Common and preferred stock 10,038 shares

594,350



United Rentals, Inc.

Common and preferred stock 7,623 shares

594,213



West Pharmaceutical Services Inc.

Common and preferred stock 11,496 shares

563,994



Hibbett Sports Inc.

Common and preferred stock 8,381 shares

563,287



Brunswick Corporation

Common and preferred stock 12,123 shares

558,385



Allegiant Travel Company

Common and preferred stock 5,181 shares

546,285



Old Dominion Freight Line, Inc.

Common and preferred stock 10,265 shares

544,250



ICON Public Limited Company

Common and preferred stock 13,366 shares

540,120



Dealertrack Technologies Inc.

Common and preferred stock 11,080 shares

532,726



VistaPrint NV

Common and preferred stock 9,352 shares

531,661



SciQuest Inc.

Common and preferred stock 18,425 shares

524,744



Chico's Fas Inc.

Common and preferred stock 27,159 shares

511,676



Cognizant Technology Solutions Corporation Class A

Common and preferred stock 5,035 shares

508,434



Middleby Corporation

Common and preferred stock 2,113 shares

507,057



RealPage Inc.

Common and preferred stock 21,232 shares

496,404



Graco Inc.

Common and preferred stock 6,227 shares

486,453



Monro Muffler Brake Inc.

Common and preferred stock 8,587 shares

483,963



MEDNAX, Inc.

Common and preferred stock 9,014 shares

481,167



Jarden Corporation

Common and preferred stock 7,835 shares

480,677



Cardtronics Inc.

Common and preferred stock 11,002 shares

478,037



Prestige Brands Holdings Inc.

Common and preferred stock 13,335 shares

477,393



Align Technology Inc.

Common and preferred stock 8,254 shares

471,716



Tetra Tech Inc.

Common and preferred stock 16,393 shares

458,676



LKQ Corporation

Common and preferred stock 13,883 shares

456,751



Hub Group Inc. Class A

Common and preferred stock 11,399 shares

454,592



Geospace Technologies Corporation

Common and preferred stock 4,783 shares

453,572



Stantec Inc.

Common and preferred stock 7,283 shares

451,546



O'Reilly Automotive Inc.

Common and preferred stock 3,485 shares

448,554



Cyberonics Inc.

Common and preferred stock 6,764 shares

443,110



Lincoln Electric Holdings Inc.

Common and preferred stock 6,169 shares

440,096



PrivateBancorp, Inc.

Common and preferred stock 15,131 shares

437,740



WisdomTree Investments Inc.

Common and preferred stock 24,549 shares

434,763



Zumiez Inc.

Common and preferred stock 16,677 shares

433,602



Air Methods Corporation

Common and preferred stock 7,285 shares

424,934



Westlake Chemical Corporation

Common and preferred stock 3,473 shares

423,949



Fortune Brands Home & Securities Inc.

Common and preferred stock 9,209 shares

420,851



Covance Inc.

Common and preferred stock 4,756 shares

418,813



Polypore International Inc.

Common and preferred stock 10,574 shares

411,329



GNC Holdings Inc.

Common and preferred stock 7,016 shares

410,085



Oceaneering International, Inc.

Common and preferred stock 5,138 shares

405,285



Under Armor Inc. Class A

Common and preferred stock 4,626 shares

403,850



Buffalo Wild Wings Inc.

Common and preferred stock 2,731 shares

402,003



Tangoe Inc.

Common and preferred stock 22,271 shares

401,101



Euronet Worldwide Inc.

Common and preferred stock 8,312 shares

397,729



Manpower Inc.

Common and preferred stock 4,617 shares

396,416



Generac Holdings Inc.

Common and preferred stock 6,959 shares

394,158



FEI Company

Common and preferred stock 4,375 shares

390,950



MakeMyTrip Limited

Common and preferred stock 20,291 shares

390,805



Hanesbrands Inc.

Common and preferred stock 5,557 shares

390,490



39
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)

Identity of Issue
 
Description of Investment
 
Current Value

Sonic Corporation

Common and preferred stock 19,296 shares

389,586



OpenTable Inc.

Common and preferred stock 4,883 shares

387,564



Cogent Comunications Group Inc.

Common and preferred stock 9,528 shares

385,026



Balchem Corporation

Common and preferred stock 6,477 shares

380,200



Proto Labs Inc.

Common and preferred stock 5,295 shares

376,898



Concur Technologies Inc.

Common and preferred stock 3,605 shares

371,964



FMC Corporation

Common and preferred stock 4,904 shares

370,056



Portfolio Recovery Associates Inc.

Common and preferred stock 6,907 shares

364,966



A. O. Smith Corporation

Common and preferred stock 6,751 shares

364,149



Hexcel Corporation

Common and preferred stock 7,993 shares

357,207



ACI Worldwide Inc.

Common and preferred stock 5,460 shares

354,900



ITT Corporation

Common and preferred stock 8,148 shares

353,786



Interval Leisure Group Inc.

Common and preferred stock 11,304 shares

349,294



Transdigm Group Inc.

Common and preferred stock 2,169 shares

349,252



Gartner Inc.

Common and preferred stock 4,908 shares

348,713



Iconix Brand Group Inc.

Common and preferred stock 8,656 shares

343,643



The Chefs' Warehouse Holdings Inc.

Common and preferred stock 11,774 shares

343,330



Hittite Microwave Corporation

Common and preferred stock 5,388 shares

332,601



TrueBlue Inc.

Common and preferred stock 12,699 shares

327,380



Abaxis Inc.

Common and preferred stock 8,059 shares

322,521



Examworks Group Inc.

Common and preferred stock 10,727 shares

320,415



Core Laboratories N.V.

Common and preferred stock 1,648 shares

314,686



Ulta Salon Cosmetics & Fragrance Inc.

Common and preferred stock 3,244 shares

313,111



Sangamo Biosciences Inc.

Common and preferred stock 22,541 shares

313,094



Steven Madden Limited

Common and preferred stock 8,496 shares

310,869



The WhiteWave Foods Company Class A

Common and preferred stock 13,396 shares

307,304



Team Health Holdings, Inc.

Common and preferred stock 6,742 shares

307,098



On Assignment Inc.

Common and preferred stock 8,744 shares

305,340



Employers Holdings Inc.

Common and preferred stock 9,510 shares

300,992



The Hain Celestial Group Inc.

Common and preferred stock 3,305 shares

300,028



Synchronoss Technologies Inc.

Common and preferred stock 9,344 shares

290,318



Encore Capial Group Inc.

Common and preferred stock 5,734 shares

288,191



NetSuite Inc.

Common and preferred stock 2,790 shares

287,426



Oasis Petroleum Inc.

Common and preferred stock 5,951 shares

279,518



Boulder Brands, Inc.

Common and preferred stock 17,331 shares

274,870



TriMas Corporation

Common and preferred stock 6,870 shares

274,044



ServiceNow Inc.

Common and preferred stock 4,865 shares

272,489



Pros Holdings Inc.

Common and preferred stock 6,829 shares

272,477



IDEX Corporation

Common and preferred stock 3,653 shares

269,774



Exact Sciences Corporation

Common and preferred stock 23,058 shares

269,548



Exlservice Holdings Inc.

Common and preferred stock 9,669 shares

267,058



Marketaxess Holdings, Inc.

Common and preferred stock 3,991 shares

266,878



WebMD Health Corporation

Common and preferred stock 6,751 shares

266,665



VCA Antech Inc.

Common and preferred stock 8,462 shares

265,368



Cempra Inc.

Common and preferred stock 21,317 shares

264,118



Wex Inc.

Common and preferred stock 2,627 shares

260,152

 

Shutterfly Inc.

Common and preferred stock 4,901 shares

249,608

 

Angie's List Inc.

Common and preferred stock 16,460 shares

249,369

 

Gran Tierra Energy Inc.

Common and preferred stock 33,438 shares

244,432

 

Penske Automotive Group Inc.

Common and preferred stock 5,049 shares

238,111

 

Red Robin Gourmet Burgers Inc.

Common and preferred stock 3,226 shares

237,240

 

Tenneco Inc.

Common and preferred stock 4,168 shares

235,784

 

Silicon Laboratories Inc.

Common and preferred stock 5,403 shares

234,004

 

HFF Inc.

Common and preferred stock 8,709 shares

233,837

 

Fleetmatics Group PLC

Common and preferred stock 5,395 shares

233,334

 

Kate Spade & Company

Common and preferred stock 7,149 shares

229,268

 

Dexcom Inc.

Common and preferred stock 6,250 shares

221,313

 

Mattress Firm Holding Corporation

Common and preferred stock 4,989 shares

214,727

 

40
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)

Identity of Issue
 
Description of Investment
 
Current Value

Toro Company

Common and preferred stock 3,358 shares

213,569

 

ServiceSource International Inc.

Common and preferred stock 23,858 shares

199,930

 

Petsmart Inc.

Common and preferred stock 2,722 shares

198,026

 

Gulfport Energy Corporation

Common and preferred stock 3,097 shares

195,576

 

Trulia Inc.

Common and preferred stock 5,524 shares

194,831

 

Northern Oil & Gas Inc.

Common and preferred stock 12,559 shares

189,264

 

Tandem Diabetes Care Inc.

Common and preferred stock 7,224 shares

186,162

 

The Advisory Board Company

Common and preferred stock 2,922 shares

186,044

 

Factset Research Systems Inc.

Common and preferred stock 1,638 shares

177,854

 

Ultra Petroleum Corporation

Common and preferred stock 7,768 shares

168,177

 

Commvault Systems Inc.

Common and preferred stock 2,225 shares

166,608

 

Higher One Holdings Inc.

Common and preferred stock 16,922 shares

165,159

 

Asbury Automotive Group Inc.

Common and preferred stock 2,977 shares

159,984

 

Cellular Dynamics International Inc.

Common and preferred stock 9,554 shares

157,737

 

Synaptics Inc.

Common and preferred stock 3,029 shares

156,932

 

Fusion-io Inc.

Common and preferred stock 17,301 shares

154,152

 

Salix Pharmaceuticals Limited

Common and preferred stock 1,589 shares

142,915

 

Medivation Inc.

Common and preferred stock 2,150 shares

137,213

 

Chemocentryx Inc.

Common and preferred stock 16,704 shares

96,716

 

Envestnet Inc.

Common and preferred stock 2,305 shares

92,892

 

Zulily Inc. Class A

Common and preferred stock 1,925 shares

79,753

 

Esperion Therapeutics Inc.

Common and preferred stock 5,682 shares

78,071

 

iShares Russell Mid-Cap Growth ETF

Common and preferred stock 838 shares

70,710

 
Total Small-Mid Cap Growth Asset Class
 
 
 
 
73,054,600

 
 
 
 
 
 
 
Small-Mid Cap Index Asset Class:
 
 
 
 
 
 
NT Collective Extended Equity Market Index Fund - Non Lending*
 
Collective trust fund 1,970,345 units
 
264,853,839

 
Total Small-Mid Cap Index Asset Class
 
 
 
 
264,853,839

 
 
 
 
 
 
 
Small-Mid Cap Value Asset Class:







NT Collective Russell 2000 Value Index Fund - Non Lending*

Collective trust fund 91,329 units

20,664,470



NT Collective Short Term Investment Fund*

Collective trust fund 13,460,692 units

13,460,692


 
Willis Group Holdings
 
Common and preferred stock 140,455 shares
 
6,293,785

 

Microsemi Corporation

Common and preferred stock 195,395 shares

4,875,105



Elizabeth Arden Inc.

Common and preferred stock 132,210 shares

4,686,845



Reinsurance Group of America Inc.

Common and preferred stock 58,275 shares

4,511,068



Clearwater Paper Corporation

Common and preferred stock 85,600 shares

4,494,000



Arris Group Inc.

Common and preferred stock 183,200 shares

4,463,668



NRG Energy Inc.

Common and preferred stock 152,000 shares

4,365,440



Coherent Inc.

Common and preferred stock 57,340 shares

4,265,523



Forestar Group Inc.

Common and preferred stock 195,835 shares

4,165,410



Teradyne Inc.

Common and preferred stock 231,500 shares

4,079,030



Sun Trust Banks Inc.

Common and preferred stock 110,300 shares

4,060,143


 
Great Plains Energy Inc.
 
Common and preferred stock 167,200 shares
 
4,052,928

 

Orkla A/S

Common and preferred stock 503,175 shares

3,970,051



Cobalt International Energy Inc.

Common and preferred stock 236,900 shares

3,897,005



International Rectifier Corporation

Common and preferred stock 146,905 shares

3,829,813



Orbital Sciences Corporation

Common and preferred stock 160,205 shares

3,732,777



Goodyear Tire & Rubber Company

Common and preferred stock 153,600 shares

3,663,360



ON Semiconductor Corporation

Common and preferred stock 422,000 shares

3,477,280



LSI Corporation

Common and preferred stock 314,885 shares

3,470,033



Axis Capital Holdings Limited

Common and preferred stock 70,505 shares

3,353,923



Kosmos Energy Limited

Common and preferred stock 290,000 shares

3,242,200



Texas Capital Bancshares Inc.

Common and preferred stock 52,100 shares

3,240,620



CNO Financial Group Inc.

Common and preferred stock 181,700 shares

3,214,273



White Mountains Insurance Group Limited

Common and preferred stock 5,300 shares

3,196,324



Public Service Enterprise Group Inc.

Common and preferred stock 99,500 shares

3,187,980



Treehouse Foods Inc.

Common and preferred stock 45,950 shares

3,166,874



41
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)

Identity of Issue
 
Description of Investment
 
Current Value

Molson Coors Brewing Company Class B

Common and preferred stock 56,100 shares

3,150,015



Valassis Communications Inc.

Common and preferred stock 91,800 shares

3,144,150



Griffon Corporation

Common and preferred stock 235,690 shares

3,113,465



Regions Financial Corporation

Common and preferred stock 308,200 shares

3,048,098



Kohl's Corporation

Common and preferred stock 53,400 shares

3,030,450



Con-Way Inc.

Common and preferred stock 76,100 shares

3,021,931



Bruker Corporation

Common and preferred stock 151,725 shares

2,999,603



Humana Inc.

Common and preferred stock 28,800 shares

2,972,736



PPL Corporation

Common and preferred stock 96,000 shares

2,888,640



Western Alliance Bancorporation

Common and preferred stock 118,020 shares

2,815,957



PHH Corporation

Common and preferred stock 109,500 shares

2,666,325



BancorpSouth Inc.

Common and preferred stock 102,500 shares

2,605,550



Accuray Inc.

Common and preferred stock 287,700 shares

2,505,867



TriMas Corporation

Common and preferred stock 62,275 shares

2,484,150



Unum Group

Common and preferred stock 69,800 shares

2,448,584



Woodward Inc.

Common and preferred stock 53,260 shares

2,429,189



Bio-Rad Laboratories, Inc. Class A

Common and preferred stock 19,300 shares

2,385,673



Harman International Industries, Inc.

Common and preferred stock 29,095 shares

2,381,426



Rent-A-Center Inc.

Common and preferred stock 71,300 shares

2,377,142



Jazz Pharmaceuticals PLC

Common and preferred stock 18,755 shares

2,373,633



Central Pacific Financial Corporation

Common and preferred stock 116,175 shares

2,332,794



Euronet Worldwide Inc.

Common and preferred stock 48,130 shares

2,303,021



JetBlue Airways Corporation

Common and preferred stock 267,700 shares

2,288,835



Approach Resources Inc.

Common and preferred stock 116,600 shares

2,249,214



Carrizo Oil & Gas Inc.

Common and preferred stock 49,525 shares

2,217,234



Inter Parfums Inc.

Common and preferred stock 60,080 shares

2,151,465



Scorpio Tankers Inc.

Common and preferred stock 180,900 shares

2,132,811



PH Glatfelter Company

Common and preferred stock 76,220 shares

2,106,721



McDermott International Inc.

Common and preferred stock 229,125 shares

2,098,785



First Horizon National Corporation

Common and preferred stock 171,701 shares

2,000,317



Kennedy-Wilson Holdings Inc.

Common and preferred stock 89,500 shares

1,991,375



Interpublic Group Companies Inc.

Common and preferred stock 112,400 shares

1,989,480



Libbey Inc.

Common and preferred stock 93,600 shares

1,965,600



Deltic Timber Corporation

Common and preferred stock 28,430 shares

1,931,534



Zions Bancorp

Common and preferred stock 64,400 shares

1,929,424



PartnerRe Limited

Common and preferred stock 17,880 shares

1,885,088



Bob Evans Farms Inc.

Common and preferred stock 37,010 shares

1,872,336



Ingram Micro Inc. Class A

Common and preferred stock 79,400 shares

1,862,724



Geo Group Inc.

Common and preferred stock 57,200 shares

1,842,984



Meadowbrook Insurance Group Inc.

Common and preferred stock 263,300 shares

1,832,568



Wesco International Inc.

Common and preferred stock 19,960 shares

1,817,757



Albany International Corporation Class A

Common and preferred stock 50,515 shares

1,815,004



American Equity Investment Life Holding Company

Common and preferred stock 68,300 shares

1,801,754



Great Lakes Dredge & Dock Corporation

Common and preferred stock 189,000 shares

1,738,800



MDC Partners Inc. Class A

Common and preferred stock 67,800 shares

1,729,578



LSB Industries Inc.

Common and preferred stock 42,000 shares

1,722,840



Avnet Inc.

Common and preferred stock 38,500 shares

1,698,235


 
MKS Instruments
 
Common and preferred stock 56,045 shares
 
1,677,987

 

Inverness Medical Innovations Inc.

Common and preferred stock 46,300 shares

1,676,060



CDW Corporation

Common and preferred stock 71,400 shares

1,667,904



WSFS Financial Corporation

Common and preferred stock 21,500 shares

1,666,895



Ultratech Inc.

Common and preferred stock 56,700 shares

1,644,300



Stanley Black & Decker Inc.

Common and preferred stock 20,100 shares

1,621,869



Quest Diagnostics Inc.

Common and preferred stock 30,200 shares

1,616,908



Schawk, Inc. Class A

Common and preferred stock 105,748 shares

1,572,473



Titan Machinery Inc.

Common and preferred stock 87,800 shares

1,564,596



Lear Corporation

Common and preferred stock 19,200 shares

1,554,624



Maiden Holdings Limited

Common and preferred stock 138,000 shares

1,508,340



42
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)

Identity of Issue
 
Description of Investment
 
Current Value

Nuverra Environmental Solutions Inc.

Common and preferred stock 85,100 shares

1,428,829



FBR & Co. formerly FBR Capital Markets Corporation

Common and preferred stock 53,386 shares

1,408,323



Ocwen Financial Corporation

Common and preferred stock 25,200 shares

1,397,340



Saba Software, Inc.

Common and preferred stock 114,000 shares

1,396,500



Keycorp

Common and preferred stock 103,000 shares

1,382,260



Chiquita Brands International Inc.

Common and preferred stock 115,400 shares

1,350,180



Nelnet Inc. Class A

Common and preferred stock 31,900 shares

1,344,266



Computer Task Group Inc.

Common and preferred stock 69,900 shares

1,321,110



Louisiana-Pacific Corporation

Common and preferred stock 70,775 shares

1,310,045



Astronics Corporation

Common and preferred stock 25,451 shares

1,298,001



Employers Holdings Inc.

Common and preferred stock 40,997 shares

1,297,555



Ciber Inc.

Common and preferred stock 311,700 shares

1,290,438



K12 Inc.

Common and preferred stock 58,900 shares

1,281,075



Exar Corporation

Common and preferred stock 108,200 shares

1,275,678



Northfield Bancorp Inc.

Common and preferred stock 93,817 shares

1,238,384



Walter Investment Managment Corporation

Common and preferred stock 34,900 shares

1,234,064



Felcor Lodging Trust Inc.

Common and preferred stock 149,900 shares

1,223,184



PrivateBancorp, Inc.

Common and preferred stock 42,240 shares

1,222,003



EnerSys Inc

Common and preferred stock 17,175 shares

1,203,796



Viewpoint Financial Group Inc.

Common and preferred stock 43,500 shares

1,194,075



Scorpio Bulkers Inc.

Common and preferred stock 117,700 shares

1,182,885



United Community Bank Blairsville Georgia

Common and preferred stock 66,504 shares

1,180,446



Northern Trust Corporation*

Common and preferred stock 18,900 shares

1,169,721



Avery Dennison Corporation

Common and preferred stock 23,100 shares

1,159,389



Texas Roadhouse Inc.

Common and preferred stock 41,500 shares

1,153,700



Digi International Inc.

Common and preferred stock 93,700 shares

1,135,644



Embraer SA

Common and preferred stock 34,900 shares

1,123,082



Bunge Limited

Common and preferred stock 13,500 shares

1,108,485



Universal Corporation

Common and preferred stock 20,300 shares

1,108,380



Tutor Perini Corporation

Common and preferred stock 42,000 shares

1,104,600



The Western Union Company

Common and preferred stock 63,600 shares

1,097,100



CA Inc.

Common and preferred stock 32,400 shares

1,090,260



Marvell Technology Group Limited

Common and preferred stock 74,000 shares

1,064,120



MYR Group Inc.

Common and preferred stock 42,400 shares

1,063,392



PRGX Global Inc.

Common and preferred stock 156,300 shares

1,050,336



UIL Corporation

Common and preferred stock 27,000 shares

1,046,250



Plantronics Inc.

Common and preferred stock 22,500 shares

1,045,125



PMC-Sierra, Inc.

Common and preferred stock 158,935 shares

1,021,952



Home Loan Servicing Solutions

Common and preferred stock 44,100 shares

1,012,977



Fidelity and Guaranty Life

Common and preferred stock 51,400 shares

973,516



Starwood Property Trust Inc.

Common and preferred stock 35,100 shares

972,270



Navigator Holdings Limited

Common and preferred stock 35,600 shares

959,064



Avis Budget Group Inc.

Common and preferred stock 23,600 shares

953,912



Lexington Realty Trust

Common and preferred stock 93,400 shares

953,614



Mack-Cali Realty Corporation REIT

Common and preferred stock 44,100 shares

947,268



Denbury Resources Inc.

Common and preferred stock 57,430 shares

943,575



Global Power Equipment Group Inc.

Common and preferred stock 47,800 shares

935,446



Piedmont Natural Gas Inc.

Common and preferred stock 27,800 shares

921,848



Stealthgas Inc.

Common and preferred stock 88,400 shares

900,796



Aegion Corporation

Common and preferred stock 41,100 shares

899,679



Air Transport Services Group Inc.

Common and preferred stock 110,500 shares

893,945



Symmetry Medical, Inc.

Common and preferred stock 88,510 shares

892,181



Symantec Corporation

Common and preferred stock 37,800 shares

891,324



First Midwest Bancorp Inc.

Common and preferred stock 50,700 shares

888,771



Fresh Del Monte Produce Inc.

Common and preferred stock 30,400 shares

860,320



Graftech International Limited

Common and preferred stock 75,200 shares

844,496



Winthrop Realty Trust Common Shares of Beneficial Interest

Common and preferred stock 76,100 shares

840,905



Alleghany Corporation

Common and preferred stock 2,100 shares

839,916



43
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)

Identity of Issue
 
Description of Investment
 
Current Value

ACCO Brands Corporation

Common and preferred stock 124,000 shares

833,280



Aegean Marine Petroleum Network Inc.

Common and preferred stock 73,500 shares

824,670



Matthews International Corporation Class A

Common and preferred stock 19,000 shares

809,590



H & R Block Inc.

Common and preferred stock 27,800 shares

807,312



Validus Holding Limited

Common and preferred stock 20,000 shares

805,800



Brinks Company

Common and preferred stock 23,500 shares

802,290



FTI Consulting Inc.

Common and preferred stock 19,500 shares

802,230



JetBlue Airways Corporation

Common and preferred stock 92,500 shares

790,875



WellCare Health Plans Inc.

Common and preferred stock 11,200 shares

788,704



Crocs Inc.

Common and preferred stock 48,500 shares

772,120



Orion Marine Group, Inc.

Common and preferred stock 63,500 shares

763,905



EPL Oil & Gas, Inc.

Common and preferred stock 26,600 shares

758,100

 

CYS Investments Inc.

Common and preferred stock 97,000 shares

718,770



The Hanover Insurance Group Inc.

Common and preferred stock 12,000 shares

716,520



Cadiz, Inc.

Common and preferred stock 102,600 shares

714,096



Diodes Inc.

Common and preferred stock 29,800 shares

702,088



Big Lots Inc.

Common and preferred stock 21,600 shares

697,464



Great Plains Energy Inc.

Common and preferred stock 28,200 shares

683,568



ICF International, Inc.

Common and preferred stock 19,600 shares

680,316



Hormel Foods Corporation

Common and preferred stock 14,710 shares

664,451



KAR Auction Services Inc.

Common and preferred stock 22,150 shares

654,533



MRC Global Inc.

Common and preferred stock 19,700 shares

635,522



McDermott International Inc.

Common and preferred stock 68,900 shares

631,124



Empire District Electronic Company

Common and preferred stock 27,800 shares

630,782



American Capital Mortgage Investment Corporation

Common and preferred stock 35,800 shares

625,068



Portland General Electric Company

Common and preferred stock 20,300 shares

613,060



Comerica Inc.

Common and preferred stock 12,800 shares

608,512



Precision Drilling Corporation

Common and preferred stock 64,600 shares

605,302



THL Credit Inc.

Common and preferred stock 36,200 shares

596,938



Natus Medical Inc.

Common and preferred stock 26,500 shares

596,250



Western Refining Inc.

Common and preferred stock 14,000 shares

593,740



Reliance Steel & Aluminum Company

Common and preferred stock 7,825 shares

593,448



News Corporation Class A

Common and preferred stock 32,900 shares

592,858



Aspen Insurance Holdings Limited

Common and preferred stock 14,300 shares

590,733



Huntington Ingalls Industries, Inc.

Common and preferred stock 6,400 shares

576,064



Destination XL Group Inc.

Common and preferred stock 87,100 shares

572,247



Cairn Energy PLC

Common and preferred stock 62,100 shares

561,384



Campus Crest Communities Inc.

Common and preferred stock 58,500 shares

550,485



W&T Offshore Inc.

Common and preferred stock 34,400 shares

550,400



Navistar International Corporation

Common and preferred stock 14,300 shares

546,117



Staples Inc.

Common and preferred stock 34,300 shares

545,027



Amdocs Limited

Common and preferred stock 13,200 shares

544,368



Northwestern Corporation

Common and preferred stock 11,800 shares

511,176



Two Harbors Investment Corporation

Common and preferred stock 54,900 shares

509,472


 
Cloud Peak Energy Inc.
 
Common and preferred stock 27,400 shares
 
493,200

 
 
Government Properties Income Trust
 
Common and preferred stock 19,400 shares
 
482,090

 
 
Flow International Corporation
 
Common and preferred stock 119,100 shares
 
481,164

 
 
Customers Bancorp Inc.
 
Common and preferred stock 22,200 shares
 
454,212

 
 
Middleby Corporation
 
Common and preferred stock 1,740 shares
 
417,548

 
 
Medical Action Industries Inc.
 
Common and preferred stock 47,500 shares
 
406,600

 
 
Omniamerican Bancorp, Inc.
 
Common and preferred stock 19,000 shares
 
406,220

 
 
Cross Country Healthcare Inc.
 
Common and preferred stock 39,400 shares
 
393,212

 
 
Bravo Brio Restaurant Group Inc.
 
Common and preferred stock 22,600 shares
 
367,702

 
 
Highwoods Properties Inc.
 
Common and preferred stock 10,100 shares
 
365,317

 
 
Wabash National Corporation
 
Common and preferred stock 28,600 shares
 
353,210

 
 
Ritchie Bros. Auctioneers Inc.
 
Common and preferred stock 14,700 shares
 
337,071

 
 
CST Brands Inc.
 
Common and preferred stock 8,775 shares
 
322,218

 
 
LGI Homes Inc.
 
Common and preferred stock 17,700 shares
 
314,883

 

44
Schedule H, line 4i – Schedule of Assets (Held at End of Year) (continued)

Identity of Issue
 
Description of Investment
 
Current Value
 
Landec Corporation
 
Common and preferred stock 25,500 shares
 
309,060

 
 
NovaGold Resources Inc.
 
Common and preferred stock 121,400 shares
 
308,356

 

Rand Logistics Inc.

Common and preferred stock 53,070 shares

306,214



Aeropostale, Inc.

Common and preferred stock 33,100 shares

300,879



Evolution Petroleum Corporation

Common and preferred stock 24,100 shares

297,394



Kulicke and Soffa Industries Inc.

Common and preferred stock 21,900 shares

291,270



Triangle Petroleum Corporation

Common and preferred stock 34,100 shares

283,712



Comverse Inc.

Common and preferred stock 7,160 shares

277,808



XL Group PLC

Common and preferred stock 8,600 shares

273,824



The Jones Group, Inc.

Common and preferred stock 17,300 shares

258,808



GSE Holding Inc.

Common and preferred stock 118,300 shares

244,881



Ignite Restaurant Group Inc.

Common and preferred stock 14,600 shares

182,500



FreightCar America Inc.

Common and preferred stock 6,500 shares

173,030



Gramercy Property Trust Inc.

Common and preferred stock 14,300 shares

82,225


Total Small-Mid Cap Value Asset Class





365,686,601









Notes Receivable from Participants*
 
Interest Rate 4.25% - 10.74%
 
 
43,082,571

 
 
 
 
 
 
 
Other:







BIF Money Fund*

Cash and cash equivalent 248,835 units

248,835



NT Collective Short Term Investment Fund*

Collective trust fund 190,897 units

190,897


Total Other





439,732








$
3,927,322,382

 
 
 
 
 
 
 
 
 
 
 
 
* Indicates party-in-interest
 
 
 
 


45

Supplemental Schedule
Amgen Retirement and Savings Plan
EIN: 95-3540776 Plan: #001
Year Ended December 31, 2013

Schedule H, line 4i – Schedule of Assets (Acquired and Disposed of Within Year)
 
 
 
 
Identity of Issue
Description of Investment
Proceeds of
Dispositions
 
 
 
Arrow Electronics Inc. 7.5% Due 01/15/2027
Corporate Bond 35,000 units
$
127,119

ADT Corporation 4.875% Due 07/15/2043
Corporate Bond 50,000 units
51,463

BioScrip Inc. Loan B Floating Rate Due 06/05/2020
Corporate Bond 15,625 units
50,969

Weatherford International 4.5% Due 04/15/2022
Corporate Bond 70,000 units
50,966

Total Capital Canada Limited 2.75% Due 07/15/2023
Corporate Bond 21,000 units
50,962

Time Warner Cable 4% Due 09/01/2021
Corporate Bond 20,000 units
50,961

Time Warner Cable 4.125% Due 02/15/2021
Corporate Bond 40,000 units
50,960

Thomson Reuters Corporation 3.95% Due 09/30/2021
Corporate Bond 75,000 units
50,959

Talisman Energy Inc. 6.25% Due 02/01/2038
Corporate Bond 30,000 units
50,958

Talisman Energy Inc. 5.85% Due 02/01/2037
Corporate Bond 55,000 units
50,957

Syncreon Global 9.5% Due 05/01/2018
Corporate Bond 45,000 units
50,956

Suntrust Banks Inc. 3.5% Due 01/20/2017
Corporate Bond 25,000 units
50,955

State Street Corporation 3.1% Due 05/15/2023
Corporate Bond 57,000 units
50,954

Standard Pacific 6.25% Due 12/15/2021
Corporate Bond 22,000 units
50,953

Sprint Nextel Corporation 6% Due 11/15/2022
Corporate Bond 35,000 units
50,952

Private Expt Funding Corporation 2.05% Due 11/15/2022
Corporate Bond 47,500 units
50,950

Pfizer Inc. 3% Due 06/15/2023
Corporate Bond 55,000 units
50,949

National Money Mart Company 10.375% Due 12/15/2016
Corporate Bond 80,000 units
50,948

Merck & Co Inc. 2.8% Due 05/18/2023
Corporate Bond 72,000 units
50,947

Lockheed Martin 3.35% Due 09/15/2021
Corporate Bond 65,000 units
50,946

Lantheus Medical Imaging, Inc. 9.75% Due 5/15/2017
Corporate Bond 10,000 units
50,944

Indiana Michigan Power 3.2% Due 03/15/2023
Corporate Bond 65,000 units
50,942

Hess Corporation 8.125% Due 02/15/2019 Reg
Corporate Bond 60,000 units
50,941

HCA Holdings Inc. 7.75% Due 05/15/2021
Corporate Bond 80,000 units
50,940

Entergy Arkansas, Inc. 3.05% Due 06/01/2023
Corporate Bond 45,000 units
50,939

Energy Future Intermediate Holding Company LLC 10% Due 12/01/2020
Corporate Bond 95,000 units
50,938

eBay Inc. 4% Due 07/15/2042
Corporate Bond 95,000 units
50,937

DISH DBS Corporation 4.25% Due 04/01/2018
Corporate Bond 11,000 units
50,936

Directv Holdings LLC 1.75% Due 01/15/2018
Corporate Bond 50,000 units
50,935

Citigroup Inc. 3.375% Due 03/01/2023
Corporate Bond 73,000 units
50,934

Chevron Corporation 2.427% Due 06/24/2020
Corporate Bond 32,000 units
50,933

Celgene Corporation 3.25% Due 08/15/2022
Corporate Bond 60,000 units
50,932

CVS Caremark Corporation 2.75% Due 12/01/2022
Corporate Bond 75,000 units
50,931

CCO Holdings LLC 5.125% Due 02/15/2023
Corporate Bond 80,000 units
50,930

Berkshire Hathaway 4.3% Due 05/15/2043
Corporate Bond 48,000 units
50,929

BP Capital Markets plc 2.75% Due 05/10/2023
Corporate Bond 85,000 units
50,928

ADT Corporation 4.875% Due 07/15/2042
Corporate Bond 50,000 units
49,981

Allstate Corporation 3.15% Due 06/15/2023
Corporate Bond 67,000 units
18,240



46

Supplemental Schedule
Amgen Retirement and Savings Plan
EIN: 95-3540776 Plan Number: #001
December 31, 2013

Schedule G, Part 1 – Schedule of Loans or Fixed Income Obligations in Default
or Classified as Uncollectible

Identity of obligor
 
Original
amount  of
loan
(cost of
security)
 
Unpaid balance
at end of year
(fair value of
security)
 
Detailed description of loan including dates of making and maturity, interest rate, the type and value of collateral, any renegotiation of the loan and the terms of the renegotiation and other
material items (description of fixed income obligation)
 
Amount of
principal
overdue
 
Amount of
interest
overdue
Kaupthing Bank
 
$
259,613

 
$
75,175

 
Corporate bonds 310,000 units 7.625% due 12/31/2040
 
$
—

 
$
118,188

Glitnir Banki HF
 
99,776

 
29,250

 
Corporate bonds 100,000 units 6.375% due 9/25/2012
 
100,000

 
31,875

Exide Technologies
 
160,650

 
193,050

 
Corporate Bonds 270,000 units 8.625% due 2/1/2018
 
—

 
11,643



47

SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the employee benefit plan) have duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
 
 
 Amgen Retirement and Savings Plan
 (Name of Plan)
 
 
 
 
 
 
 
Date:
June 11, 2014
 
 
By:
 
/s/ MICHAEL A. KELLY
 
 
 
 
 
 
Michael A. Kelly
 
 
 
 
 
 
Acting Chief Financial Officer
 
 
 
 
 
 
Amgen Inc.

48

AMGEN RETIREMENT AND SAVINGS PLAN
INDEX TO EXHIBIT
 
Consent of Independent Registered Public Accounting Firm
  
Exhibit 23.1

49