| Stock | 99.86% |
| Cash | 0.02% |
| Other* | 0.11% |
*May include dividends booked but not yet received.
Holdings Detail as of 5/16/2013 (Holdings subject to change)
| Symbol | Name |
% Net Assets |
Market Value ($) |
ISIN | Market | Sector |
Exchange Rate |
|---|---|---|---|---|---|---|---|
| ENI | ENI SPA | 20.62 | $146,321,794 | IT0003132476 | MTAA | Energy | 0.77 |
| ENEL | ENEL SPA | 6.86 | $48,665,422 | IT0003128367 | MTAA | Utilities | 0.77 |
| UCG | UNICREDIT SPA | 5.83 | $41,351,292 | IT0004781412 | MTAA | Financials | 0.77 |
| G | ASSICURAZIONI GENERALI | 5.38 | $38,172,215 | IT0000062072 | MTAA | Financials | 0.77 |
| LUX | LUXOTTICA GROUP SPA | 5.15 | $36,557,887 | IT0001479374 | MTAA | Consumer Discretionary | 0.77 |
| F | FIAT SPA | 4.59 | $32,585,528 | IT0001976403 | MTAA | Consumer Discretionary | 0.77 |
| TEN | TENARIS SA | 4.51 | $31,990,540 | LU0156801721 | MTAA | Energy | 0.77 |
| TRN | TERNA SPA | 4.18 | $29,692,975 | IT0003242622 | MTAA | Utilities | 0.77 |
| ISP | INTESA SANPAOLO | 4.10 | $29,087,769 | IT0000072618 | MTAA | Financials | 0.77 |
| ATL | ATLANTIA SPA | 4.09 | $29,010,657 | IT0003506190 | MTAA | Industrials | 0.77 |
| FI | FIAT INDUSTRIAL | 3.98 | $28,220,008 | IT0004644743 | MTAA | Industrials | 0.77 |
| UBI | UBI BANCA SCPA | 3.45 | $24,501,997 | IT0003487029 | MTAA | Financials | 0.77 |
| PRY | PRYSMIAN SPA | 3.36 | $23,814,985 | IT0004176001 | MTAA | Industrials | 0.77 |
| MB | MEDIOBANCA SPA | 3.35 | $23,778,986 | IT0000062957 | MTAA | Financials | 0.77 |
| TIT | TELECOM ITALIA SPA | 3.01 | $21,358,244 | IT0003497168 | MTAA | Telecom Services | 0.77 |
| FNC | FINMECCANICA SPA | 2.96 | $21,013,069 | IT0003856405 | MTAA | Industrials | 0.77 |
| PC | PIRELLI & C. | 2.80 | $19,903,098 | IT0004623051 | MTAA | Consumer Discretionary | 0.77 |
| EXO | EXOR SPA | 2.72 | $19,303,064 | IT0001353140 | MTAA | Financials | 0.77 |
| BP | BANCO POPOLARE SCARL | 2.61 | $18,508,665 | IT0004231566 | MTAA | Financials | 0.77 |
| BMPS | BANCA MONTE DEI PASCHI SIENA | 2.47 | $17,504,624 | IT0001334587 | MTAA | Financials | 0.77 |
| TITR | TELECOM ITALIA-RSP | 1.51 | $10,691,708 | IT0003497176 | MTAA | Telecom Services | 0.77 |
| EGPW | ENEL GREEN POWER SPA | 0.63 | $4,447,223 | IT0004618465 | MTAA | Utilities | 0.77 |
| ISPR | INTESA SANPAOLO-RSP | 0.59 | $4,170,963 | IT0000072626 | MTAA | Financials | 0.77 |
| SPM | SAIPEM SPA | 0.58 | $4,139,382 | IT0000068525 | MTAA | Energy | 0.77 |
| SRG | SNAM SPA | 0.56 | $3,981,382 | IT0003153415 | MTAA | Utilities | 0.77 |
| -- | BLACKROCK FDS III | 0.02 | $171,576 | -- | S-T Securities | 1.00 | |
| -- | EXOR SPA EUR1 RIGHTS | 0.00 | $132 | IT0004919822 | MTAA | Financials | 0.77 |
| -- | EXOR SPA EUR1(PRIV) RIGHTS | 0.00 | $7 | IT0004919814 | MTAA | Financials | 0.77 |
