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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-Q
Quarterly Schedule of Portfolio Holdings of Registered
Management Investment Company
Investment Company Act file number: 811-21786
ING Global Advantage and Premium
Opportunity Fund
(Exact name of registrant as specified in charter)
|
7337 East Doubletree Ranch Rd., Scottsdale, AZ 85258 |
|
(Address of principal executive offices) (Zip code) |
Huey P. Falgout, Jr., 7337 East Doubletree Ranch Road, Scottsdale, AZ 85258
(Name and address of agent for service)
Registrant’s telephone number, including area code: 1-800-992-0180
|
Date of fiscal year end: |
February 28 |
|
|
|
|
Date of reporting period: |
November 30, 2010 |
Item 1. Schedule of Investments
|
The schedules of investments as of the close of the reporting period are set forth below for: |
|
|
|
|
|
The schedules are not audited. |
|
|
|
PORTFOLIO OF INVESTMENTS |
|
|
as of November 30, 2010 (Unaudited) |
|
Shares |
|
|
|
|
|
Value | |
|
COMMON STOCK: 94.3% |
|
| |||||
|
|
|
|
|
Australia: 3.2% |
|
| |
|
27,083 |
|
|
|
Amcor Ltd. |
|
$ |
167,219 |
|
4,970 |
|
|
|
AMP Ltd. |
|
24,050 | |
|
24,652 |
|
|
|
Australia & New Zealand Banking Group Ltd. |
|
534,366 | |
|
14,033 |
|
|
|
Bendigo Bank Ltd. |
|
132,707 | |
|
30,613 |
|
|
|
BHP Billiton Ltd. |
|
1,258,588 | |
|
72,384 |
|
|
|
Brambles Ltd. |
|
471,419 | |
|
7,748 |
|
|
|
Caltex Australia Ltd. |
|
97,398 | |
|
811 |
|
|
|
Cochlear Ltd. |
|
60,759 | |
|
16,304 |
|
|
|
Commonwealth Bank of Australia |
|
752,838 | |
|
8,005 |
|
|
|
Computershare Ltd. |
|
75,625 | |
|
6,156 |
|
|
|
CSL Ltd. |
|
205,678 | |
|
7,680 |
|
@ |
|
Fortescue Metals Group Ltd. |
|
47,004 | |
|
65,424 |
|
|
|
Incitec Pivot Ltd. |
|
233,846 | |
|
12,941 |
|
|
|
MacArthur Coal Ltd. |
|
147,836 | |
|
4,131 |
|
|
|
Macquarie Group Ltd. |
|
140,094 | |
|
77,708 |
|
|
|
Metcash Ltd. |
|
310,457 | |
|
16,873 |
|
|
|
National Australia Bank Ltd. |
|
378,373 | |
|
2,546 |
|
|
|
Newcrest Mining Ltd. |
|
96,377 | |
|
21,392 |
|
|
|
OneSteel Ltd. |
|
51,139 | |
|
3,529 |
|
|
|
Origin Energy Ltd. |
|
53,191 | |
|
15,444 |
|
|
|
QBE Insurance Group Ltd. |
|
249,003 | |
|
6,481 |
|
|
|
Rio Tinto Ltd. |
|
508,858 | |
|
3,721 |
|
|
|
Suncorp-Metway Ltd. |
|
32,152 | |
|
3,447 |
|
|
|
Wesfarmers Ltd. |
|
103,688 | |
|
24,312 |
|
|
|
Westpac Banking Corp. |
|
497,079 | |
|
9,890 |
|
|
|
Woodside Petroleum Ltd. |
|
396,790 | |
|
22,665 |
|
|
|
Woolworths Ltd. |
|
582,033 | |
|
|
|
|
|
|
|
7,608,567 | |
|
|
|
|
|
Austria: 0.2% |
|
| |
|
12,270 |
|
|
|
OMV AG |
|
411,763 | |
|
|
|
|
|
|
|
411,763 | |
|
|
|
|
|
Barbados: 0.0% |
|
| |
|
4,300 |
|
@ |
|
Nabors Industries Ltd. |
|
94,987 | |
|
|
|
|
|
|
|
94,987 | |
|
|
|
|
|
Belgium: 0.6% |
|
| |
|
13,984 |
|
|
|
Anheuser-Busch InBev NV |
|
764,499 | |
|
23,361 |
|
@ |
|
Anheuser-Busch InBev NV |
|
121 | |
|
5,128 |
|
|
|
Delhaize Group |
|
350,643 | |
|
12,364 |
|
|
|
Fortis |
|
27,975 | |
|
1,704 |
|
|
|
Groupe Bruxelles Lambert S.A. |
|
133,500 | |
|
807 |
|
@ |
|
KBC Groep NV |
|
28,243 | |
|
|
|
|
|
|
|
1,304,981 | |
|
|
|
|
|
Bermuda: 0.1% |
|
| |
|
2,800 |
|
|
|
Tyco International Ltd. |
|
106,092 | |
|
1,900 |
|
|
|
XL Group Plc |
|
37,354 | |
|
|
|
|
|
|
|
143,446 | |
|
|
|
|
|
Denmark: 0.6% |
|
| |
|
5,075 |
|
|
|
Carlsberg A/S |
|
478,992 | |
|
1,700 |
|
|
|
Coloplast A/S |
|
226,254 | |
|
1,249 |
|
@ |
|
Danske Bank A/S |
|
30,980 | |
|
5,981 |
|
|
|
Novo-Nordisk A/S |
|
593,512 | |
|
|
|
|
|
|
|
1,329,738 | |
|
|
|
|
|
Finland: 1.0% |
|
| |
|
8,828 |
|
|
|
Kone OYJ |
|
461,936 | |
|
757 |
|
|
|
Metso OYJ |
|
38,861 | |
|
27,235 |
|
|
|
Nokia OYJ |
|
251,858 | |
|
9,141 |
|
|
|
Orion OYJ |
|
185,411 | |
|
8,244 |
|
|
|
Pohjola Bank PLC |
|
93,510 | |
|
1,230 |
|
|
|
Sampo OYJ |
|
30,074 | |
|
50,704 |
|
|
|
Stora Enso OYJ (Euro Denominated Security) |
|
436,645 | |
|
30,799 |
|
|
|
UPM-Kymmene OYJ |
|
457,200 | |
|
6,352 |
|
|
|
Wartsila OYJ |
|
440,027 | |
|
|
|
|
|
|
|
2,395,522 | |
|
|
|
|
|
France: 2.5% |
|
| |
|
21,865 |
|
|
|
AXA S.A. |
|
313,115 | |
|
10,582 |
|
|
|
BNP Paribas |
|
625,918 | |
|
226 |
|
|
|
Christian Dior S.A. |
|
31,229 | |
|
6,445 |
|
|
|
CNP Assurances |
|
103,226 | |
|
5,526 |
|
|
|
Compagnie Generale des Etablissements Michelin |
|
372,540 | |
|
16,373 |
|
|
|
Credit Agricole S.A. |
|
200,063 | |
|
9,030 |
|
|
|
France Telecom S.A. |
|
183,126 | |
|
1,922 |
|
|
|
Gaz de France |
|
63,527 | |
|
2,178 |
|
|
|
Hermes International |
|
411,965 | |
|
406 |
|
|
|
LVMH Moet Hennessy Louis Vuitton S.A. |
|
61,904 | |
|
2,134 |
|
|
|
PPR |
|
338,976 | |
|
12,002 |
|
|
|
Sanofi-Aventis |
|
727,545 | |
|
3,314 |
|
|
|
Schneider Electric S.A. |
|
464,486 | |
|
5,807 |
|
|
|
Scor S.A. |
|
135,481 | |
|
1,593 |
|
|
|
Societe BIC S.A. |
|
129,309 | |
|
7,529 |
|
|
|
Societe Generale |
|
348,124 | |
|
472 |
|
|
|
Sodexho Alliance S.A. |
|
29,755 | |
|
15,597 |
|
|
|
Total S.A. |
|
757,083 | |
|
27,314 |
|
|
|
Vivendi |
|
665,063 | |
|
|
|
|
|
|
|
5,962,435 | |
|
|
|
PORTFOLIO OF INVESTMENTS |
|
ING Global Advantage and Premium Opportunity Fund |
|
as of November 30, 2010 (Unaudited) (continued) |
|
Shares |
|
|
|
|
|
Value | |
|
|
|
|
|
Germany: 3.0% |
|
| |
|
5,137 |
|
|
|
Allianz AG |
|
$ |
562,480 |
|
12,144 |
|
|
|
BASF AG |
|
904,017 | |
|
5,450 |
|
|
|
Bayer AG |
|
394,811 | |
|
2,435 |
|
|
|
Bayerische Motoren Werke AG |
|
182,759 | |
|
2,856 |
|
@ |
|
DaimlerChrysler AG |
|
184,438 | |
|
10,694 |
|
|
|
Deutsche Bank AG |
|
506,380 | |
|
648 |
|
|
|
Deutsche Boerse AG |
|
39,147 | |
|
41,402 |
|
|
|
Deutsche Telekom AG |
|
529,588 | |
|
28,217 |
|
|
|
E.ON AG |
|
807,763 | |
|
2,219 |
|
|
|
Hannover Rueckversicheru - Reg |
|
103,372 | |
|
1,252 |
|
|
|
Henkel KGaA |
|
63,355 | |
|
6,198 |
|
|
|
Infineon Technologies AG |
|
55,131 | |
|
2,116 |
|
|
|
Linde AG |
|
295,106 | |
|
2,371 |
|
|
|
Muenchener Rueckversicherungs AG |
|
328,875 | |
|
7,574 |
|
|
|
RWE AG |
|
470,507 | |
|
12,372 |
|
|
|
SAP AG |
|
576,258 | |
|
10,376 |
|
|
|
Siemens AG |
|
1,130,942 | |
|
7,113 |
|
@ |
|
TUI AG |
|
74,660 | |
|
2,108 |
|
|
|
United Internet AG |
|
29,711 | |
|
|
|
|
|
|
|
7,239,300 | |
|
|
|
|
|
Greece: 0.2% |
|
| |
|
2,606 |
|
@ |
|
National Bank of Greece S.A. |
|
21,689 | |
|
25,038 |
|
|
|
Public Power Corp. |
|
347,671 | |
|
|
|
|
|
|
|
369,360 | |
|
|
|
|
|
Guernsey: 0.0% |
|
| |
|
12,323 |
|
|
|
Resolution Ltd |
|
41,281 | |
|
|
|
|
|
|
|
41,281 | |
|
|
|
|
|
Hong Kong: 1.3% |
|
| |
|
44,170 |
|
@ |
|
AIA Group Ltd. |
|
127,435 | |
|
61,500 |
|
|
|
BOC Hong Kong Holdings Ltd. |
|
210,989 | |
|
87,000 |
|
|
|
Cathay Pacific Airways Ltd. |
|
253,246 | |
|
8,000 |
|
|
|
Cheung Kong Holdings Ltd. |
|
117,842 | |
|
24,500 |
|
|
|
CLP Holdings Ltd. |
|
201,561 | |
|
45,000 |
|
|
|
Hang Lung Properties Ltd. |
|
208,932 | |
|
3,200 |
|
|
|
Hang Seng Bank Ltd. |
|
52,580 | |
|
6,800 |
|
|
|
Hong Kong Exchanges and Clearing Ltd. |
|
155,220 | |
|
38,500 |
|
|
|
HongKong Electric Holdings |
|
247,656 | |
|
5,000 |
|
|
|
Hutchison Whampoa Ltd. |
|
49,905 | |
|
22,000 |
|
|
|
Hysan Development Co., Ltd. |
|
91,111 | |
|
42,000 |
|
|
|
Li & Fung Ltd. |
|
261,612 | |
|
37,000 |
|
|
|
Orient Overseas International Ltd. |
|
357,875 | |
|
346,000 |
|
|
|
PCCW Ltd. |
|
136,461 | |
|
18,000 |
|
|
|
Sun Hung Kai Properties Ltd. |
|
296,357 | |
|
14,000 |
|
|
|
Swire Pacific Ltd. |
|
214,934 | |
|
27,000 |
|
|
|
Wharf Holdings Ltd. |
|
180,842 | |
|
|
|
|
|
|
|
3,164,558 | |
|
|
|
|
|
Ireland: 0.0% |
|
| |
|
700 |
|
|
|
Ingersoll-Rand PLC |
|
28,700 | |
|
|
|
|
|
|
|
28,700 | |
|
|
|
|
|
Israel: 0.3% |
|
| |
|
25,551 |
|
|
|
Bank Leumi Le-Israel BM |
|
120,319 | |
|
27,827 |
|
|
|
Bezeq Israeli Telecommunication Corp. Ltd. |
|
74,470 | |
|
156 |
|
|
|
Delek Group Ltd. |
|
40,794 | |
|
2,043 |
|
|
|
Israel Chemicals Ltd. |
|
29,474 | |
|
48 |
|
@ |
|
Israel Corp. Ltd. |
|
51,007 | |
|
1,039 |
|
@ |
|
NICE Systems Ltd. |
|
31,770 | |
|
8,924 |
|
|
|
Teva Phaemaceutical Industries Ltd. |
|
449,360 | |
|
|
|
|
|
|
|
797,194 | |
|
|
|
|
|
Italy: 1.3% |
|
| |
|
7,084 |
|
|
|
Assicurazioni Generali S.p.A. |
|
124,119 | |
|
6,196 |
|
|
|
Banco Popolare Scarl |
|
25,615 | |
|
134,763 |
|
|
|
Enel S.p.A. |
|
633,123 | |
|
37,897 |
|
|
|
ENI S.p.A. |
|
762,549 | |
|
110,090 |
|
|
|
Intesa Sanpaolo S.p.A. |
|
286,352 | |
|
52,624 |
|
|
|
Intesa Sanpaolo S.p.A. - RNC |
|
112,566 | |
|
50,453 |
|
|
|
Pirelli & C S.p.A. |
|
383,527 | |
|
241,992 |
|
|
|
Telecom Italia S.p.A. |
|
297,783 | |
|
224,738 |
|
|
|
Telecom Italia S.p.A. RNC |
|
234,890 | |
|
161,926 |
|
|
|
UniCredito Italiano S.p.A. |
|
312,990 | |
|
|
|
|
|
|
|
3,173,514 | |
|
|
|
|
|
Japan: 9.0% |
|
| |
|
7,900 |
|
|
|
Aisin Seiki Co., Ltd. |
|
255,524 | |
|
7,600 |
|
|
|
Alfresa Holdings Corp. |
|
314,805 | |
|
24,050 |
|
|
|
Asahi Glass Co., Ltd. |
|
267,415 | |
|
17,000 |
|
|
|
Bridgestone Corp. |
|
312,641 | |
|
15,000 |
|
|
|
Brother Industries Ltd. |
|
214,910 | |
|
14,800 |
|
|
|
Canon, Inc. |
|
696,344 | |
|
67 |
|
|
|
Central Japan Railway Co. |
|
516,618 | |
|
10,100 |
|
|
|
Chubu Electric Power Co., Inc. |
|
241,449 | |
|
42,000 |
|
|
|
Cosmo Oil Co., Ltd. |
|
118,949 | |
|
7,900 |
|
|
|
Credit Saison Co., Ltd. |
|
126,117 | |
|
22 |
|
|
|
Dai-ichi Life Insurance Co. Ltd. |
|
31,620 | |
|
30,600 |
|
|
|
Dainippon Sumitomo Pharma Co., Ltd. |
|
265,058 | |
|
800 |
|
|
|
Daito Trust Construction Co., Ltd. |
|
49,425 | |
|
9,881 |
|
|
|
East Japan Railway Co. |
|
589,939 | |
|
11,100 |
|
|
|
Electric Power Development Co. |
|
338,520 | |
|
|
|
PORTFOLIO OF INVESTMENTS |
|
ING Global Advantage and Premium Opportunity Fund |
|
as of November 30, 2010 (Unaudited) (continued) |
|
Shares |
|
|
|
|
|
Value | |
|
|
|
|
|
Japan (continued) |
|
| |
|
26,600 |
|
@ |
|
Elpida Memory, Inc. |
|
$ |
315,865 |
|
33,000 |
|
|
|
Fuji Heavy Industries Ltd. |
|
243,365 | |
|
33,000 |
|
|
|
Fukuoka Financial Group, Inc. |
|
126,752 | |
|
21,000 |
|
|
|
Gunma Bank Ltd. |
|
104,882 | |
|
22,000 |
|
|
|
Hachijuni Bank Ltd. |
|
113,816 | |
|
11,100 |
|
|
|
Honda Motor Co., Ltd. |
|
401,497 | |
|
2,200 |
|
|
|
Idemitsu Kosan Co., Ltd. |
|
204,423 | |
|
55,800 |
|
|
|
Itochu Corp. |
|
516,760 | |
|
65 |
|
|
|
Japan Tobacco, Inc. |
|
221,000 | |
|
16,500 |
|
|
|
JFE Holdings, Inc. |
|
523,215 | |
|
13,800 |
|
|
|
Kansai Electric Power Co., Inc. |
|
332,037 | |
|
10,100 |
|
|
|
Kao Corp. |
|
252,898 | |
|
600 |
|
|
|
Keyence Corp. |
|
151,032 | |
|
33,000 |
|
|
|
Konica Minolta Holdings, Inc. |
|
339,418 | |
|
79,000 |
|
|
|
Marubeni Corp. |
|
511,339 | |
|
36,000 |
|
|
|
Mazda Motor Corp. |
|
99,746 | |
|
7,500 |
|
|
|
McDonald’s Holdings Co. Japan Ltd. |
|
186,498 | |
|
3,100 |
|
|
|
Mediceo Paltac Holdings Co., Ltd. |
|
33,778 | |
|
29,000 |
|
|
|
Mitsubishi Corp. |
|
732,131 | |
|
6,000 |
|
|
|
Mitsubishi Estate Co., Ltd. |
|
101,130 | |
|
139,800 |
|
|
|
Mitsubishi UFJ Financial Group, Inc. |
|
662,866 | |
|
2,820 |
|
|
|
Mitsubishi UFJ Lease & Finance Co. Ltd |
|
102,956 | |
|
41,000 |
|
|
|
Mitsui & Co., Ltd. |
|
639,349 | |
|
3,497 |
|
|
|
Mitsui Fudosan Co., Ltd. |
|
61,806 | |
|
9,300 |
|
|
|
Mitsui Sumitomo Insurance Group Holdings, Inc. |
|
212,694 | |
|
146,303 |
|
|
|
Mizuho Financial Group, Inc. |
|
231,091 | |
|
45,000 |
|
|
|
Mizuho Securities Co. Ltd |
|
105,279 | |
|
6,800 |
|
|
|
Murata Manufacturing Co., Ltd. |
|
414,418 | |
|
18,000 |
|
|
|
Nippon Express Co., Ltd. |
|
71,717 | |
|
17,800 |
|
|
|
Nippon Paper Group, Inc. |
|
422,149 | |
|
115,000 |
|
|
|
Nippon Steel Corp. |
|
379,958 | |
|
9,200 |
|
|
|
Nippon Telegraph & Telephone Corp. |
|
417,070 | |
|
41,163 |
|
|
|
Nishi-Nippon City Bank Ltd. |
|
113,818 | |
|
29,700 |
|
|
|
Nissan Motor Co., Ltd. |
|
277,781 | |
|
13,500 |
|
|
|
Nisshin Seifun Group, Inc. |
|
163,187 | |
|
18,000 |
|
|
|
Nisshinbo Industries, Inc. |
|
184,972 | |
|
8,579 |
|
@ |
|
NKSJ Holdings, Inc. |
|
57,325 | |
|
19,000 |
|
|
|
Nomura Holdings, Inc. |
|
109,572 | |
|
21 |
|
|
|
NTT Data Corp. |
|
69,014 | |
|
29 |
|
|
|
NTT DoCoMo, Inc. |
|
47,059 | |
|
292 |
|
|
|
Obic Co., Ltd. |
|
52,687 | |
|
1,800 |
|
|
|
ORIX Corp. |
|
153,528 | |
|
27,000 |
|
|
|
Ricoh Co., Ltd. |
|
379,217 | |
|
25,800 |
|
|
|
Sega Sammy Holdings, Inc. |
|
434,021 | |
|
62,000 |
|
|
|
Sekisui Chemical Co., Ltd. |
|
424,913 | |
|
20,800 |
|
|
|
Seven & I Holdings Co., Ltd. |
|
508,172 | |
|
88,000 |
|
|
|
Shinsei Bank Ltd. |
|
76,581 | |
|
12,700 |
|
|
|
Softbank Corp. |
|
439,722 | |
|
15,800 |
|
|
|
Sojitz Corp. |
|
31,210 | |
|
40,000 |
|
|
|
Sumitomo Corp. |
|
520,695 | |
|
2,000 |
|
|
|
Sumitomo Metal Mining Co., Ltd. |
|
31,381 | |
|
10,200 |
|
|
|
Sumitomo Mitsui Financial Group, Inc. |
|
313,229 | |
|
13,532 |
|
|
|
Takeda Pharmaceutical Co., Ltd. |
|
628,301 | |
|
3,700 |
|
|
|
TDK Corp. |
|
237,595 | |
|
10,589 |
|
|
|
Tokio Marine Holdings, Inc. |
|
299,726 | |
|
13,800 |
|
|
|
Tokyo Electric Power Co., Inc. |
|
321,593 | |
|
14,000 |
|
|
|
Toshiba Corp. |
|
72,730 | |
|
18,300 |
|
|
|
Toyo Seikan Kaisha Ltd. |
|
328,519 | |
|
2,500 |
|
|
|
Toyoda Gosei Co., Ltd. |
|
56,894 | |
|
26,600 |
|
|
|
Toyota Motor Corp. |
|
1,031,092 | |
|
5,610 |
|
|
|
USS Co., Ltd. |
|
406,308 | |
|
4,000 |
|
|
|
Yamaguchi Financial Group, Inc. |
|
35,690 | |
|
|
|
|
|
|
|
21,378,801 | |
|
|
|
|
|
Kazakhstan: 0.1% |
|
| |
|
21,433 |
|
|
|
Eurasian Natural Resources Corp. |
|
292,879 | |
|
|
|
|
|
|
|
292,879 | |
|
|
|
|
|
Malaysia: 0.0% |
|
| |
|
20,000 |
|
@ |
|
Genting International PLC |
|
30,445 | |
|
|
|
|
|
|
|
30,445 | |
|
|
|
|
|
Netherlands: 2.2% |
|
| |
|
7,668 |
|
|
|
ASML Holding NV |
|
249,560 | |
|
5,066 |
|
|
|
Delta Lloyd NV |
|
90,621 | |
|
16,347 |
|
@ |
|
European Aeronautic Defence and Space Co. NV |
|
366,658 | |
|
9,345 |
|
|
|
Heineken NV |
|
432,329 | |
|
9,011 |
|
|
|
Koninklijke DSM NV |
|
439,565 | |
|
27,603 |
|
|
|
Koninklijke KPN NV |
|
393,561 | |
|
23,330 |
|
|
|
Koninklijke Philips Electronics NV |
|
630,799 | |
|
1,282 |
|
|
|
Koninklijke Vopak NV |
|
58,835 | |
|
21,798 |
|
|
|
Royal Dutch Shell PLC - Class A |
|
656,952 | |
|
26,139 |
|
|
|
Royal Dutch Shell PLC - Class B |
|
776,935 | |
|
16,909 |
|
|
|
TNT NV |
|
403,271 | |
|
28,836 |
|
|
|
Unilever NV |
|
812,838 | |
|
|
|
|
|
|
|
5,311,924 | |
|
|
|
|
|
New Zealand: 0.1% |
|
| |
|
136,771 |
|
|
|
Telecom Corp. of New Zealand Ltd. |
|
219,581 | |
|
|
|
|
|
|
|
219,581 | |
|
|
|
|
|
Norway: 0.0% |
|
| |
|
2,236 |
|
|
|
DnB NOR ASA |
|
27,363 | |
|
|
|
|
|
|
|
27,363 | |
|
|
|
PORTFOLIO OF INVESTMENTS |
|
ING Global Advantage and Premium Opportunity Fund |
|
as of November 30, 2010 (Unaudited) (continued) |
|
Shares |
|
|
|
|
|
Value | |
|
|
|
|
|
Portugal: 0.2% |
|
| |
|
29,959 |
|
|
|
Banco Espirito Santo S.A. |
|
$ |
108,193 |
|
9,779 |
|
|
|
Cimpor Cimentos de Portugal SG |
|
55,306 | |
|
2,299 |
|
|
|
Jeronimo Martins |
|
32,449 | |
|
17,129 |
|
|
|
Portugal Telecom SGPS S.A. |
|
217,113 | |
|
|
|
|
|
|
|
413,061 | |
|
|
|
|
|
Singapore: 0.5% |
|
| |
|
24,000 |
|
|
|
DBS Group Holdings Ltd. |
|
254,316 | |
|
15,000 |
|
|
|
Jardine Cycle & Carriage Ltd. |
|
420,509 | |
|
37,000 |
|
|
|
Oversea-Chinese Banking Corp. |
|
278,196 | |
|
18,000 |
|
|
|
United Overseas Bank Ltd. |
|
252,253 | |
|
28,000 |
|
|
|
United Overseas Land Ltd. |
|
95,824 | |
|
|
|
|
|
|
|
1,301,098 | |
|
|
|
|
|
Spain: 1.3% |
|
| |
|
51,295 |
|
|
|
Banco Bilbao Vizcaya Argentaria S.A. |
|
471,209 | |
|
30,580 |
|
|
|
Banco De Sabadell S.A. |
|
118,575 | |
|
5,102 |
|
|
|
Banco Popular Espanol S.A. |
|
25,939 | |
|
86,887 |
|
|
|
Banco Santander Central Hispano S.A. |
|
828,278 | |
|
39,442 |
|
|
|
Corp. Mapfre S.A. |
|
99,912 | |
|
24,728 |
|
|
|
Criteria Caixacorp S.A. |
|
121,267 | |
|
1,129 |
|
|
|
Inditex S.A. |
|
85,154 | |
|
8,807 |
|
|
|
Indra Sistemas S.A. |
|
140,751 | |
|
22,403 |
|
|
|
Repsol YPF S.A. |
|
540,023 | |
|
32,654 |
|
@ |
|
Telefonica S.A. |
|
693,490 | |
|
|
|
|
|
|
|
3,124,598 | |
|
|
|
|
|
Sweden: 1.7% |
|
| |
|
7,627 |
|
|
|
Alfa Laval AB |
|
133,990 | |
|
6,714 |
|
|
|
Atlas Copco AB - Class A |
|
148,260 | |
|
23,951 |
|
|
|
Atlas Copco AB - Class B |
|
471,127 | |
|
25,242 |
|
|
|
Boliden AB |
|
434,091 | |
|
7,420 |
|
|
|
Getinge AB |
|
155,842 | |
|
9,168 |
|
|
|
Investor AB |
|
177,757 | |
|
6,003 |
|
|
|
Kinnevik Investment AB |
|
118,576 | |
|
5,814 |
|
|
|
Modern Times Group AB |
|
424,395 | |
|
24,264 |
|
|
|
Nordea Bank AB |
|
242,138 | |
|
3,266 |
|
|
|
Ratos AB |
|
109,132 | |
|
22,143 |
|
|
|
Scania AB - B Shares |
|
452,620 | |
|
16,653 |
|
|
|
Skanska AB |
|
296,261 | |
|
32,643 |
|
|
|
Svenska Cellulosa AB - B Shares |
|
476,402 | |
|
1,996 |
|
|
|
Svenska Handelsbanken AB |
|
59,642 | |
|
7,116 |
|
|
|
Tele2 AB - B Shares |
|
142,288 | |
|
26,745 |
|
|
|
Telefonaktiebolaget LM Ericsson |
|
276,045 | |
|
|
|
|
|
|
|
4,118,566 | |
|
|
|
|
|
Switzerland: 2.9% |
|
| |
|
4,003 |
|
@ |
|
ABB Ltd. |
|
77,494 | |
|
11,700 |
|
|
|
ACE Ltd. |
|
684,684 | |
|
12,246 |
|
|
|
Compagnie Financiere Richemont S.A. |
|
660,516 | |
|
13,359 |
|
|
|
Credit Suisse Group |
|
493,938 | |
|
26,353 |
|
|
|
Nestle S.A. |
|
1,431,745 | |
|
23,994 |
|
|
|
Novartis AG |
|
1,277,840 | |
|
459 |
|
|
|
Pargesa Holding S.A. |
|
34,490 | |
|
6,781 |
|
|
|
Roche Holding AG - Genusschein |
|
929,907 | |
|
1,681 |
|
|
|
Swiss Reinsurance |
|
77,631 | |
|
38,223 |
|
@ |
|
UBS AG - Reg |
|
575,742 | |
|
7,973 |
|
|
|
Xstrata PLC |
|
160,070 | |
|
1,820 |
|
|
|
Zurich Financial Services AG |
|
404,945 | |
|
|
|
|
|
|
|
6,809,002 | |
|
|
|
|
|
United Kingdom: 8.0% |
|
| |
|
6,637 |
|
|
|
3i Group PLC |
|
30,832 | |
|
16,502 |
|
|
|
Aggreko PLC |
|
376,275 | |
|
2,163 |
|
|
|
Amec PLC |
|
36,402 | |
|
11,638 |
|
|
|
Anglo American PLC |
|
510,407 | |
|
13,279 |
|
|
|
AstraZeneca PLC |
|
620,723 | |
|
8,332 |
|
@ |
|
Autonomy Corp. PLC |
|
172,867 | |
|
44,527 |
|
|
|
Aviva PLC |
|
245,637 | |
|
134,169 |
|
|
|
Barclays PLC |
|
539,056 | |
|
17,840 |
|
|
|
BG Group PLC |
|
322,536 | |
|
32,296 |
|
|
|
BHP Billiton PLC |
|
1,147,597 | |
|
201,804 |
|
|
|
BP PLC |
|
1,347,042 | |
|
29,827 |
|
|
|
British American Tobacco PLC |
|
1,082,841 | |
|
148,808 |
|
|
|
BT Group PLC |
|
393,680 | |
|
10,670 |
|
|
|
Burberry Group PLC |
|
165,433 | |
|
49,339 |
|
|
|
Cable & Wireless Worldwide PLC |
|
47,313 | |
|
63,279 |
|
@ |
|
Cairn Energy PLC |
|
380,904 | |
|
3,581 |
|
|
|
Capita Group PLC |
|
36,352 | |
|
5,685 |
|
|
|
Centrica PLC |
|
27,167 | |
|
64,076 |
|
|
|
Compass Group PLC |
|
554,132 | |
|
45,484 |
|
|
|
Diageo PLC |
|
812,079 | |
|
40,907 |
|
|
|
GlaxoSmithKline PLC |
|
774,819 | |
|
159,477 |
|
|
|
HSBC Holdings PLC |
|
1,613,831 | |
|
17,757 |
|
|
|
ICAP PLC |
|
131,336 | |
|
6,027 |
|
|
|
Imperial Tobacco Group PLC |
|
176,973 | |
|
121,026 |
|
|
|
Legal & General Group PLC |
|
172,164 | |
|
490,535 |
|
@ |
|
Lloyds TSB Group PLC |
|
463,291 | |
|
77,289 |
|
|
|
National Grid PLC |
|
682,624 | |
|
79,003 |
|
|
|
Old Mutual PLC |
|
145,590 | |
|
25,661 |
|
|
|
Pearson PLC |
|
370,116 | |
|
19,516 |
|
|
|
Petrofac Ltd. |
|
422,674 | |
|
14,806 |
|
|
|
Prudential PLC |
|
131,012 | |
|
|
|
PORTFOLIO OF INVESTMENTS |
|
ING Global Advantage and Premium Opportunity Fund |
|
as of November 30, 2010 (Unaudited) (continued) |
|
Shares |
|
|
|
|
|
Value | |
|
|
|
|
|
United Kingdom (continued) |
|
| |
|
4,553 |
|
|
|
Reckitt Benckiser PLC |
|
$ |
241,334 |
|
12,740 |
|
|
|
Rio Tinto PLC |
|
812,218 | |
|
57,531 |
|
|
|
Rolls-Royce Group PLC |
|
545,076 | |
|
3,709,696 |
|
@ |
|
Rolls-Royce Group PLC |
|
5,770 | |
|
59,996 |
|
@ |
|
Royal Bank of Scotland Group PLC |
|
35,175 | |
|
10,787 |
|
|
|
Scottish & Southern Energy PLC |
|
188,031 | |
|
9,442 |
|
|
|
Shire PLC |
|
221,241 | |
|
20,916 |
|
|
|
Smith & Nephew PLC |
|
189,990 | |
|
4,268 |
|
|
|
Smiths Group PLC |
|
75,654 | |
|
25,915 |
|
|
|
Standard Chartered PLC |
|
698,098 | |
|
76,972 |
|
|
|
Tesco PLC |
|
496,641 | |
|
9,829 |
|
|
|
Unilever PLC |
|
275,279 | |
|
4,345 |
|
|
|
Vedanta Resources PLC |
|
134,170 | |
|
436,503 |
|
|
|
Vodafone Group PLC |
|
1,089,035 | |
|
3,692 |
|
|
|
Whitbread PLC |
|
97,115 | |
|
1,137 |
|
@ |
|
Wolseley PLC |
|
30,478 | |
|
|
|
|
|
|
|
19,069,010 | |
|
|
|
|
|
United States: 54.0% |
|
| |
|
20,400 |
|
|
|
3M Co. |
|
1,713,192 | |
|
29,201 |
|
|
|
Abbott Laboratories |
|
1,358,139 | |
|
2,800 |
|
@ |
|
Adobe Systems, Inc. |
|
77,644 | |
|
3,700 |
|
@ |
|
Advanced Micro Devices, Inc. |
|
26,973 | |
|
9,200 |
|
@ |
|
AES Corp. |
|
99,452 | |
|
4,100 |
|
|
|
Aetna, Inc. |
|
121,442 | |
|
3,078 |
|
|
|
Aflac, Inc. |
|
158,517 | |
|
16,600 |
|
@ |
|
Agilent Technologies, Inc. |
|
581,332 | |
|
1,100 |
|
|
|
Air Products & Chemicals, Inc. |
|
94,842 | |
|
4,400 |
|
|
|
Airgas, Inc. |
|
268,840 | |
|
4,900 |
|
|
|
AK Steel Holding Corp. |
|
65,072 | |
|
11,700 |
|
@ |
|
Akamai Technologies, Inc. |
|
610,623 | |
|
9,500 |
|
|
|
Alcoa, Inc. |
|
124,640 | |
|
1,200 |
|
|
|
Allegheny Energy, Inc. |
|
27,384 | |
|
3,100 |
|
|
|
Allergan, Inc. |
|
205,437 | |
|
2,900 |
|
|
|
Allstate Corp. |
|
84,419 | |
|
21,600 |
|
|
|
Altera Corp. |
|
757,944 | |
|
66,900 |
|
|
|
Altria Group, Inc. |
|
1,605,600 | |
|
2,100 |
|
@ |
|
Amazon.com, Inc. |
|
368,340 | |
|
1,300 |
|
|
|
Ameren Corp. |
|
37,336 | |
|
3,400 |
|
|
|
American Electric Power Co., Inc. |
|
121,040 | |
|
25,800 |
|
|
|
American Express Co. |
|
1,115,076 | |
|
700 |
|
@ |
|
American International Group, Inc. |
|
28,903 | |
|
10,300 |
|
@ |
|
American Tower Corp. |
|
520,871 | |
|
9,100 |
|
|
|
Ameriprise Financial, Inc. |
|
471,744 | |
|
14,952 |
|
|
|
AmerisourceBergen Corp. |
|
461,269 | |
|
5,669 |
|
@ |
|
Amgen, Inc. |
|
298,700 | |
|
11,400 |
|
|
|
Amphenol Corp. |
|
570,342 | |
|
2,700 |
|
|
|
Anadarko Petroleum Corp. |
|
173,232 | |
|
1,600 |
|
|
|
Analog Devices, Inc. |
|
56,896 | |
|
3,900 |
|
|
|
AON Corp. |
|
156,468 | |
|
2,400 |
|
|
|
Apache Corp. |
|
258,336 | |
|
2,600 |
|
@ |
|
Apollo Group, Inc. - Class A |
|
88,400 | |
|
12,303 |
|
@ |
|
Apple, Inc. |
|
3,828,078 | |
|
15,000 |
|
|
|
Applied Materials, Inc. |
|
186,450 | |
|
10,666 |
|
|
|
Archer-Daniels-Midland Co. |
|
309,207 | |
|
13,200 |
|
|
|
Assurant, Inc. |
|
465,564 | |
|
49,300 |
|
|
|
AT&T, Inc. |
|
1,370,047 | |
|
1,200 |
|
@ |
|
Autodesk, Inc. |
|
42,348 | |
|
2,700 |
|
|
|
Automatic Data Processing, Inc. |
|
120,339 | |
|
2,300 |
|
@ |
|
Autozone, Inc. |
|
596,643 | |
|
2,400 |
|
|
|
Avery Dennison Corp. |
|
90,096 | |
|
17,000 |
|
|
|
Avon Products, Inc. |
|
485,520 | |
|
8,000 |
|
|
|
Baker Hughes, Inc. |
|
417,280 | |
|
67,640 |
|
|
|
Bank of America Corp. |
|
740,658 | |
|
6,600 |
|
|
|
Bank of New York Mellon Corp. |
|
178,134 | |
|
4,700 |
|
|
|
Baxter International, Inc. |
|
228,185 | |
|
3,700 |
|
|
|
BB&T Corp. |
|
85,840 | |
|
1,700 |
|
|
|
Becton Dickinson & Co. |
|
132,481 | |
|
1,400 |
|
@ |
|
Bed Bath & Beyond, Inc. |
|
61,236 | |
|
13,700 |
|
@ |
|
Berkshire Hathaway, Inc. |
|
1,091,616 | |
|
1,900 |
|
|
|
Best Buy Co., Inc. |
|
81,168 | |
|
2,400 |
|
@ |
|
Big Lots, Inc. |
|
73,560 | |
|
8,200 |
|
@ |
|
Biogen Idec, Inc. |
|
524,554 | |
|
2,500 |
|
@ |
|
BMC Software, Inc. |
|
111,000 | |
|
11,900 |
|
|
|
Boeing Co. |
|
758,863 | |
|
22,600 |
|
@ |
|
Boston Scientific Corp. |
|
145,092 | |
|
49,600 |
|
|
|
Bristol-Myers Squibb Co. |
|
1,251,904 | |
|
3,000 |
|
|
|
Broadcom Corp. |
|
133,470 | |
|
1,969 |
|
|
|
Brown-Forman Corp. |
|
128,812 | |
|
16,992 |
|
|
|
CA, Inc. |
|
388,947 | |
|
2,800 |
|
|
|
Cabot Oil & Gas Corp. |
|
97,916 | |
|
12,000 |
|
@ |
|
Cameron International Corp. |
|
577,320 | |
|
1,764 |
|
|
|
Campbell Soup Co. |
|
59,800 | |
|
2,500 |
|
|
|
Capital One Financial Corp. |
|
93,075 | |
|
20,500 |
|
|
|
Cardinal Health, Inc. |
|
729,390 | |
|
5,300 |
|
@ |
|
CareFusion Corp. |
|
121,211 | |
|
3,200 |
|
@ |
|
Carmax, Inc. |
|
105,280 | |
|
3,000 |
|
|
|
Carnival Corp. |
|
123,930 | |
|
3,400 |
|
|
|
Caterpillar, Inc. |
|
287,640 | |
|
4,900 |
|
@ |
|
CB Richard Ellis Group, Inc. |
|
94,031 | |
|
|
|
PORTFOLIO OF INVESTMENTS |
|
ING Global Advantage and Premium Opportunity Fund |
|
as of November 30, 2010 (Unaudited) (continued) |
|
Shares |
|
|
|
|
|
Value | |
|
|
|
|
|
United States (continued) |
|
| |
|
3,700 |
|
|
|
CBS Corp. - Class B |
|
$ |
62,308 |
|
2,500 |
|
@ |
|
Celgene Corp. |
|
148,450 | |
|
19,300 |
|
|
|
CenterPoint Energy, Inc. |
|
301,659 | |
|
11,900 |
|
|
|
CenturyTel, Inc. |
|
511,581 | |
|
1,400 |
|
@ |
|
Cephalon, Inc. |
|
88,886 | |
|
400 |
|
@ |
|
Cerner Corp. |
|
35,144 | |
|
500 |
|
|
|
CH Robinson Worldwide, Inc. |
|
36,855 | |
|
5,300 |
|
|
|
Charles Schwab Corp. |
|
79,659 | |
|
3,500 |
|
|
|
Chesapeake Energy Corp. |
|
73,920 | |
|
38,542 |
|
|
|
Chevron Corp. |
|
3,120,746 | |
|
1,800 |
|
|
|
Chubb Corp. |
|
102,618 | |
|
1,500 |
|
|
|
Cigna Corp. |
|
55,215 | |
|
900 |
|
|
|
Cincinnati Financial Corp. |
|
27,131 | |
|
50,292 |
|
@ |
|
Cisco Systems, Inc. |
|
963,595 | |
|
192,000 |
|
@ |
|
Citigroup, Inc. |
|
806,400 | |
|
6,400 |
|
@ |
|
Citrix Systems, Inc. |
|
425,088 | |
|
700 |
|
|
|
Cliffs Natural Resources, Inc. |
|
47,838 | |
|
800 |
|
|
|
Clorox Co. |
|
49,448 | |
|
393 |
|
|
|
CME Group, Inc. |
|
113,208 | |
|
20,000 |
|
|
|
CMS Energy Corp. |
|
359,400 | |
|
3,000 |
|
|
|
Coach, Inc. |
|
169,620 | |
|
18,072 |
|
|
|
Coca-Cola Co. |
|
1,141,608 | |
|
18,500 |
|
|
|
Coca-Cola Enterprises, Inc. |
|
446,775 | |
|
17,700 |
|
@ |
|
Cognizant Technology Solutions Corp. |
|
1,150,146 | |
|
2,200 |
|
|
|
Colgate-Palmolive Co. |
|
168,410 | |
|
14,755 |
|
|
|
Comcast Corp. — Class A |
|
295,100 | |
|
700 |
|
|
|
Comerica, Inc. |
|
25,543 | |
|
800 |
|
|
|
Computer Sciences Corp. |
|
35,704 | |
|
7,000 |
|
@ |
|
Compuware Corp. |
|
72,100 | |
|
30,800 |
|
|
|
ConocoPhillips |
|
1,853,236 | |
|
1,200 |
|
|
|
Consol Energy, Inc. |
|
50,352 | |
|
13,200 |
|
|
|
Consolidated Edison, Inc. |
|
638,484 | |
|
17,600 |
|
@ |
|
Constellation Brands, Inc. |
|
362,736 | |
|
3,200 |
|
|
|
Constellation Energy Group, Inc. |
|
90,752 | |
|
8,500 |
|
|
|
Corning, Inc. |
|
150,110 | |
|
2,000 |
|
|
|
Costco Wholesale Corp. |
|
135,220 | |
|
3,800 |
|
@ |
|
Coventry Health Care, Inc. |
|
96,216 | |
|
500 |
|
|
|
CR Bard, Inc. |
|
42,425 | |
|
4,000 |
|
|
|
CSX Corp. |
|
243,240 | |
|
1,800 |
|
|
|
Cummins, Inc. |
|
174,816 | |
|
6,500 |
|
|
|
CVS Caremark Corp. |
|
201,500 | |
|
8,200 |
|
|
|
D.R. Horton, Inc. |
|
82,328 | |
|
2,800 |
|
|
|
Danaher Corp. |
|
121,100 | |
|
800 |
|
|
|
Darden Restaurants, Inc. |
|
39,160 | |
|
1,600 |
|
@ |
|
DaVita, Inc. |
|
116,320 | |
|
8,600 |
|
@ |
|
Dean Foods Co. |
|
62,522 | |
|
11,500 |
|
|
|
Deere & Co. |
|
859,050 | |
|
9,300 |
|
@ |
|
Dell, Inc. |
|
122,946 | |
|
5,800 |
|
@ |
|
Denbury Resources, Inc. |
|
105,444 | |
|
900 |
|
|
|
Densply International, Inc. |
|
27,828 | |
|
2,400 |
|
|
|
Devon Energy Corp. |
|
169,368 | |
|
9,500 |
|
|
|
Diamond Offshore Drilling |
|
615,220 | |
|
30,200 |
|
@ |
|
DIRECTV |
|
1,254,206 | |
|
6,700 |
|
|
|
Discover Financial Services |
|
122,476 | |
|
9,400 |
|
@ |
|
Discovery Communications, Inc. - Class A |
|
383,332 | |
|
3,200 |
|
|
|
Dominion Resources, Inc. |
|
132,896 | |
|
2,250 |
|
|
|
Dover Corp. |
|
123,323 | |
|
4,800 |
|
|
|
Dow Chemical Co. |
|
149,664 | |
|
3,831 |
|
|
|
Dr Pepper Snapple Group, Inc. |
|
140,330 | |
|
2,292 |
|
|
|
DTE Energy Co. |
|
102,109 | |
|
10,400 |
|
|
|
Duke Energy Corp. |
|
182,520 | |
|
1,300 |
|
|
|
Dun & Bradstreet Corp. |
|
97,942 | |
|
4,500 |
|
@ |
|
E*Trade Financial Corp. |
|
66,375 | |
|
14,800 |
|
@ |
|
Eastman Kodak Co. |
|
69,708 | |
|
4,000 |
|
|
|
Eaton Corp. |
|
385,600 | |
|
6,116 |
|
@ |
|
eBay, Inc. |
|
178,159 | |
|
2,400 |
|
|
|
Ecolab, Inc. |
|
114,744 | |
|
1,800 |
|
|
|
Edison International |
|
66,492 | |
|
21,300 |
|
|
|
EI Du Pont de Nemours & Co. |
|
1,000,887 | |
|
43,900 |
|
|
|
El Paso Corp. |
|
592,211 | |
|
37,300 |
|
@ |
|
Electronic Arts, Inc. |
|
556,143 | |
|
14,000 |
|
|
|
Eli Lilly & Co. |
|
471,240 | |
|
65,050 |
|
@ |
|
EMC Corp. |
|
1,397,925 | |
|
14,048 |
|
|
|
Emerson Electric Co. |
|
773,623 | |
|
1,000 |
|
|
|
Entergy Corp. |
|
71,240 | |
|
1,500 |
|
|
|
EOG Resources, Inc. |
|
133,425 | |
|
2,500 |
|
|
|
EQT Corp. |
|
101,175 | |
|
2,800 |
|
|
|
Equifax, Inc. |
|
96,908 | |
|
7,600 |
|
|
|
Estee Lauder Cos., Inc. |
|
569,392 | |
|
5,200 |
|
|
|
Exelon Corp. |
|
204,724 | |
|
3,500 |
|
|
|
Expedia, Inc. |
|
92,155 | |
|
2,200 |
|
|
|
Expeditors International Washington, Inc. |
|
116,380 | |
|
3,900 |
|
@ |
|
Express Scripts, Inc. |
|
203,151 | |
|
38,369 |
|
|
|
ExxonMobil Corp. |
|
2,668,947 | |
|
2,000 |
|
|
|
Family Dollar Stores, Inc. |
|
100,400 | |
|
700 |
|
|
|
Fastenal Co. |
|
37,464 | |
|
2,900 |
|
|
|
Federated Investors, Inc. |
|
68,759 | |
|
1,300 |
|
|
|
FedEx Corp. |
|
118,456 | |
|
1,400 |
|
|
|
Fidelity National Information Services, Inc. |
|
37,660 | |
|
|
|
PORTFOLIO OF INVESTMENTS |
|
ING Global Advantage and Premium Opportunity Fund |
|
as of November 30, 2010 (Unaudited) (continued) |
|
Shares |
|
|
|
|
|
Value | |
|
|
|
|
|
United States (continued) |
|
| |
|
9,526 |
|
|
|
Fifth Third Bancorp. |
|
$ |
113,836 |
|
300 |
|
@ |
|
First Solar, Inc. |
|
36,855 | |
|
1,600 |
|
|
|
FirstEnergy Corp. |
|
56,176 | |
|
872 |
|
@ |
|
Fiserv, Inc. |
|
48,222 | |
|
900 |
|
|
|
Flowserve Corp. |
|
94,914 | |
|
1,000 |
|
|
|
Fluor Corp. |
|
57,830 | |
|
1,100 |
|
|
|
FMC Corp. |
|
85,602 | |
|
6,200 |
|
@ |
|
FMC Technologies, Inc. |
|
522,288 | |
|
15,300 |
|
@ |
|
Ford Motor Co. |
|
243,882 | |
|
15,200 |
|
@ |
|
Forest Laboratories, Inc. |
|
484,728 | |
|
800 |
|
|
|
Fortune Brands, Inc. |
|
47,272 | |
|
800 |
|
|
|
Franklin Resources, Inc. |
|
91,272 | |
|
2,000 |
|
|
|
Freeport-McMoRan Copper & Gold, Inc. |
|
202,640 | |
|
16,000 |
|
|
|
Frontier Communications Corp. |
|
145,600 | |
|
5,770 |
|
|
|
Gap, Inc. |
|
123,247 | |
|
1,700 |
|
|
|
General Dynamics Corp. |
|
112,353 | |
|
92,416 |
|
|
|
General Electric Co. |
|
1,462,945 | |
|
2,800 |
|
|
|
General Mills, Inc. |
|
98,924 | |
|
2,300 |
|
|
|
Genuine Parts Co. |
|
110,722 | |
|
2,600 |
|
@ |
|
Genworth Financial, Inc. |
|
30,316 | |
|
1,400 |
|
@ |
|
Genzyme Corp. |
|
99,708 | |
|
4,800 |
|
@ |
|
Gilead Sciences, Inc. |
|
175,200 | |
|
3,405 |
|
|
|
Goldman Sachs Group, Inc. |
|
531,657 | |
|
4,200 |
|
|
|
Goodrich Corp. |
|
360,234 | |
|
6,900 |
|
@ |
|
Goodyear Tire & Rubber Co. |
|
65,964 | |
|
1,669 |
|
@ |
|
Google, Inc. - Class A |
|
927,480 | |
|
2,200 |
|
|
|
H&R Block, Inc. |
|
27,698 | |
|
4,100 |
|
|
|
Halliburton Co. |
|
155,144 | |
|
1,700 |
|
@ |
|
Harman International Industries, Inc. |
|
74,103 | |
|
2,243 |
|
|
|
Harris Corp. |
|
99,230 | |
|
2,400 |
|
|
|
Hartford Financial Services Group, Inc. |
|
53,424 | |
|
10,400 |
|
|
|
Hasbro, Inc. |
|
495,664 | |
|
1,900 |
|
|
|
Helmerich & Payne, Inc. |
|
86,184 | |
|
2,000 |
|
|
|
Hershey Co. |
|
93,600 | |
|
1,600 |
|
|
|
Hess Corp. |
|
112,080 | |
|
14,309 |
|
|
|
Hewlett-Packard Co. |
|
599,976 | |
|
10,800 |
|
|
|
HJ Heinz Co. |
|
521,316 | |
|
9,100 |
|
|
|
Home Depot, Inc. |
|
274,911 | |
|
3,500 |
|
|
|
Honeywell International, Inc. |
|
173,985 | |
|
9,200 |
|
|
|
Hormel Foods Corp. |
|
451,536 | |
|
9,400 |
|
@ |
|
Hospira, Inc. |
|
528,844 | |
|
8,581 |
|
|
|
Hudson City Bancorp., Inc. |
|
97,394 | |
|
833 |
|
@ |
|
Humana, Inc. |
|
46,681 | |
|
14,500 |
|
|
|
Huntington Bancshares, Inc. |
|
84,608 | |
|
2,100 |
|
|
|
Illinois Tool Works, Inc. |
|
100,023 | |
|
91 |
|
|
|
Integrys Energy Group, Inc. |
|
4,432 | |
|
51,502 |
|
|
|
Intel Corp. |
|
1,087,722 | |
|
400 |
|
@ |
|
IntercontinentalExchange, Inc. |
|
45,080 | |
|
8,289 |
|
|
|
International Business Machines Corp. |
|
1,172,562 | |
|
6,000 |
|
|
|
International Flavors & Fragrances, Inc. |
|
315,120 | |
|
1,700 |
|
|
|
International Game Technology |
|
26,316 | |
|
2,368 |
|
|
|
International Paper Co. |
|
59,129 | |
|
8,400 |
|
@ |
|
Interpublic Group of Cos., Inc. |
|
89,460 | |
|
20,000 |
|
@ |
|
Intuit, Inc. |
|
897,800 | |
|
600 |
|
@ |
|
Intuitive Surgical, Inc. |
|
156,174 | |
|
5,600 |
|
@ |
|
Invesco Ltd. |
|
121,744 | |
|
4,100 |
|
|
|
Iron Mountain, Inc. |
|
91,061 | |
|
2,286 |
|
|
|
ITT Corp. |
|
105,156 | |
|
4,600 |
|
|
|
Jabil Circuit, Inc. |
|
69,506 | |
|
5,900 |
|
|
|
Janus Capital Group, Inc. |
|
61,596 | |
|
1,300 |
|
|
|
JC Penney Co., Inc. |
|
43,251 | |
|
6,000 |
|
@ |
|
JDS Uniphase Corp. |
|
71,220 | |
|
18,575 |
|
|
|
Johnson & Johnson |
|
1,143,291 | |
|
2,800 |
|
|
|
Johnson Controls, Inc. |
|
102,032 | |
|
26,457 |
|
|
|
JP Morgan Chase & Co. |
|
988,963 | |
|
3,600 |
|
@ |
|
Juniper Networks, Inc. |
|
122,472 | |
|
800 |
|
|
|
Kellogg Co. |
|
39,384 | |
|
13,000 |
|
|
|
Keycorp |
|
97,890 | |
|
1,845 |
|
|
|
Kimberly-Clark Corp. |
|
114,187 | |
|
7,000 |
|
@ |
|
King Pharmaceuticals, Inc. |
|
99,050 | |
|
900 |
|
|
|
KLA-Tencor Corp. |
|
33,003 | |
|
1,700 |
|
@ |
|
Kohl’s Corp. |
|
95,914 | |
|
16,800 |
|
|
|
Kraft Foods, Inc. |
|
508,200 | |
|
6,100 |
|
|
|
Kroger Co. |
|
143,655 | |
|
600 |
|
|
|
L-3 Communications Holdings, Inc. |
|
42,198 | |
|
1,800 |
|
@ |
|
Laboratory Corp. of America Holdings |
|
147,654 | |
|
2,500 |
|
@ |
|
Lexmark International, Inc. |
|
90,600 | |
|
2,900 |
|
@ |
|
Life Technologies Corp. |
|
144,435 | |
|
19,500 |
|
|
|
Limited Brands, Inc. |
|
656,565 | |
|
1,600 |
|
|
|
Lincoln National Corp. |
|
38,208 | |
|
24,400 |
|
|
|
Linear Technology Corp. |
|
795,440 | |
|
1,140 |
|
|
|
Lockheed Martin Corp. |
|
77,566 | |
|
4,400 |
|
|
|
Loews Corp. |
|
164,604 | |
|
800 |
|
|
|
Lorillard, Inc. |
|
63,664 | |
|
7,700 |
|
|
|
Lowe’s Cos., Inc. |
|
174,790 | |
|
17,600 |
|
@ |
|
LSI Logic Corp. |
|
101,024 | |
|
300 |
|
|
|
M&T Bank Corp. |
|
23,088 | |
|
5,100 |
|
|
|
Macy’s, Inc. |
|
130,968 | |
|
4,600 |
|
|
|
Marathon Oil Corp. |
|
153,962 | |
|
|
|
PORTFOLIO OF INVESTMENTS |
|
ING Global Advantage and Premium Opportunity Fund |
|
as of November 30, 2010 (Unaudited) (continued) |
|
Shares |
|
|
|
|
|
Value | |
|
|
|
|
|
United States (continued) |
|
| |
|
1,400 |
|
|
|
Marriott International, Inc. |
|
$ |
54,894 |
|
6,800 |
|
|
|
Marsh & McLennan Cos., Inc. |
|
170,544 | |
|
17,400 |
|
|
|
Marshall & Ilsley Corp. |
|
83,346 | |
|
6,000 |
|
|
|
Masco Corp. |
|
65,460 | |
|
600 |
|
|
|
Massey Energy Co. |
|
29,466 | |
|
500 |
|
|
|
Mastercard, Inc. |
|
118,515 | |
|
3,400 |
|
@ |
|
Mattel, Inc. |
|
87,856 | |
|
800 |
|
@ |
|
McAfee, Inc. |
|
37,480 | |
|
7,200 |
|
|
|
McCormick & Co., Inc. |
|
316,872 | |
|
24,400 |
|
|
|
McDonald’s Corp. |
|
1,910,520 | |
|
1,700 |
|
|
|
McGraw-Hill Cos., Inc. |
|
58,633 | |
|
1,489 |
|
|
|
McKesson Corp. |
|
95,147 | |
|
13,200 |
|
|
|
Mead Johnson Nutrition Co. |
|
786,324 | |
|
3,100 |
|
|
|
MeadWestvaco Corp. |
|
77,004 | |
|
3,200 |
|
@ |
|
Medco Health Solutions, Inc. |
|
196,224 | |
|
8,900 |
|
|
|
Medtronic, Inc. |
|
298,417 | |
|
7,700 |
|
@ |
|
MEMC Electronic Materials, Inc. |
|
89,089 | |
|
52,227 |
|
|
|
Merck & Co., Inc. |
|
1,800,265 | |
|
1,900 |
|
|
|
Meredith Corp. |
|
63,878 | |
|
6,100 |
|
|
|
Metlife, Inc. |
|
232,715 | |
|
8,100 |
|
@ |
|
MetroPCS Communications, Inc. |
|
98,415 | |
|
13,700 |
|
|
|
Microchip Technology, Inc. |
|
460,457 | |
|
17,100 |
|
@ |
|
Micron Technology, Inc. |
|
124,146 | |
|
50,362 |
|
|
|
Microsoft Corp. |
|
1,269,626 | |
|
3,300 |
|
|
|
Molex, Inc. |
|
68,640 | |
|
2,300 |
|
|
|
Molson Coors Brewing Co. |
|
109,595 | |
|
2,200 |
|
|
|
Monsanto Co. |
|
131,824 | |
|
3,600 |
|
@ |
|
Monster Worldwide, Inc. |
|
81,288 | |
|
8,700 |
|
|
|
Morgan Stanley |
|
212,802 | |
|
24,600 |
|
@ |
|
Motorola, Inc. |
|
188,436 | |
|
1,000 |
|
|
|
Murphy Oil Corp. |
|
67,520 | |
|
1,700 |
|
@ |
|
Mylan Laboratories |
|
33,261 | |
|
22,400 |
|
@ |
|
Nasdaq Stock Market, Inc. |
|
480,704 | |
|
2,240 |
|
|
|
National Oilwell Varco, Inc. |
|
137,290 | |
|
3,610 |
|
@ |
|
NetApp, Inc. |
|
183,857 | |
|
7,900 |
|
@ |
|
New York Times Co. |
|
71,021 | |
|
1,600 |
|
|
|
Newell Rubbermaid, Inc. |
|
26,832 | |
|
13,200 |
|
|
|
Newmont Mining Corp. |
|
776,556 | |
|
17,100 |
|
|
|
News Corp. - Class A |
|
233,244 | |
|
3,300 |
|
|
|
NextEra Energy, Inc. |
|
167,046 | |
|
1,500 |
|
|
|
Nicor, Inc. |
|
64,875 | |
|
10,400 |
|
|
|
Nike, Inc. |
|
895,752 | |
|
2,100 |
|
|
|
Noble Energy, Inc. |
|
170,625 | |
|
900 |
|
|
|
Nordstrom, Inc. |
|
38,520 | |
|
3,900 |
|
|
|
Norfolk Southern Corp. |
|
234,663 | |
|
12,500 |
|
|
|
Northeast Utilities |
|
388,750 | |
|
2,700 |
|
|
|
Northern Trust Corp. |
|
135,810 | |
|
1,200 |
|
|
|
Northrop Grumman Corp. |
|
74,016 | |
|
12,700 |
|
@ |
|
Novell, Inc. |
|
75,692 | |
|
12,800 |
|
@ |
|
Novellus Systems, Inc. |
|
385,920 | |
|
4,500 |
|
@ |
|
NRG Energy, Inc. |
|
87,210 | |
|
1,000 |
|
|
|
Nucor Corp. |
|
37,740 | |
|
3,100 |
|
@ |
|
Nvidia Corp. |
|
42,160 | |
|
1,400 |
|
|
|
NYSE Euronext |
|
38,248 | |
|
5,600 |
|
|
|
Occidental Petroleum Corp. |
|
493,752 | |
|
14,300 |
|
@ |
|
Office Depot, Inc. |
|
62,205 | |
|
1,700 |
|
|
|
Omnicom Group |
|
77,248 | |
|
24,875 |
|
|
|
Oracle Corp. |
|
672,620 | |
|
700 |
|
@ |
|
O’Reilly Automotive, Inc. |
|
42,126 | |
|
2,500 |
|
|
|
Paccar, Inc. |
|
134,650 | |
|
2,000 |
|
|
|
Pacific Gas & Electric Co. |
|
93,860 | |
|
2,100 |
|
|
|
Pall Corp. |
|
95,067 | |
|
3,700 |
|
|
|
Parker Hannifin Corp. |
|
296,851 | |
|
1,700 |
|
|
|
Paychex, Inc. |
|
48,518 | |
|
1,500 |
|
|
|
Peabody Energy Corp. |
|
88,215 | |
|
5,300 |
|
|
|
People’s United Financial, Inc. |
|
65,667 | |
|
1,500 |
|
|
|
Pepco Holdings, Inc. |
|
27,525 | |
|
12,200 |
|
|
|
PepsiCo, Inc. |
|
788,486 | |
|
4,100 |
|
|
|
PerkinElmer, Inc. |
|
95,530 | |
|
80,455 |
|
|
|
Pfizer, Inc. |
|
1,310,612 | |
|
19,204 |
|
|
|
Philip Morris International, Inc. |
|
1,092,516 | |
|
9,000 |
|
|
|
Pinnacle West Capital Corp. |
|
363,780 | |
|
1,500 |
|
|
|
Pioneer Natural Resources Co. |
|
120,165 | |
|
1,200 |
|
|
|
Pitney Bowes, Inc. |
|
26,328 | |
|
23,700 |
|
|
|
PNC Financial Services Group, Inc. |
|
1,276,245 | |
|
700 |
|
|
|
Polo Ralph Lauren Corp. |
|
76,468 | |
|
500 |
|
|
|
PPG Industries, Inc. |
|
38,980 | |
|
3,600 |
|
|
|
PPL Corp. |
|
91,476 | |
|
1,300 |
|
|
|
Praxair, Inc. |
|
119,665 | |
|
1,200 |
|
|
|
Precision Castparts Corp. |
|
165,684 | |
|
200 |
|
@ |
|
Priceline.com, Inc. |
|
78,810 | |
|
4,100 |
|
|
|
Principal Financial Group, Inc. |
|
111,684 | |
|
15,150 |
|
|
|
Procter & Gamble Co. |
|
925,211 | |
|
1,600 |
|
|
|
Progress Energy, Inc. |
|
69,904 | |
|
3,600 |
|
|
|
Progressive Corp. |
|
73,224 | |
|
15,400 |
|
|
|
Prudential Financial, Inc. |
|
780,472 | |
|
2,700 |
|
|
|
Public Service Enterprise Group, Inc. |
|
83,241 | |
|
3,000 |
|
|
|
QEP Resources, Inc. |
|
105,390 | |
|
3,700 |
|
@ |
|
QLogic Corp. |
|
66,193 | |
|
|
|
PORTFOLIO OF INVESTMENTS |
|
ING Global Advantage and Premium Opportunity Fund |
|
as of November 30, 2010 (Unaudited) (continued) |
|
Shares |
|
|
|
|
|
Value | |
|
|
|
|
|
United States (continued) |
|
| |
|
13,405 |
|
|
|
Qualcomm, Inc. |
|
$ |
626,550 |
|
3,100 |
|
@ |
|
Quanta Services, Inc. |
|
54,591 | |
|
2,700 |
|
|
|
Quest Diagnostics |
|
133,164 | |
|
119,800 |
|
|
|
Qwest Communications International, Inc. |
|
838,600 | |
|
3,400 |
|
|
|
RadioShack Corp. |
|
62,730 | |
|
2,000 |
|
|
|
Range Resources Corp. |
|
83,980 | |
|
1,500 |
|
|
|
Raytheon Co. |
|
69,375 | |
|
15,100 |
|
@ |
|
Red Hat, Inc. |
|
656,850 | |
|
17,300 |
|
|
|
Regions Financial Corp. |
|
93,074 | |
|
4,200 |
|
|
|
Republic Services, Inc. |
|
118,188 | |
|
28,600 |
|
|
|
Reynolds American, Inc. |
|
884,884 | |
|
2,400 |
|
|
|
Robert Half International, Inc. |
|
66,528 | |
|
5,500 |
|
|
|
Rockwell Automation, Inc. |
|
363,660 | |
|
1,900 |
|
|
|
Rockwell Collins, Inc. |
|
106,514 | |
|
3,600 |
|
|
|
Roper Industries, Inc. |
|
260,676 | |
|
1,400 |
|
|
|
Ross Stores, Inc. |
|
90,832 | |
|
2,200 |
|
@ |
|
Rowan Cos., Inc. |
|
66,330 | |
|
2,200 |
|
|
|
Ryder System, Inc. |
|
94,842 | |
|
4,600 |
|
|
|
Safeway, Inc. |
|
105,754 | |
|
5,100 |
|
@ |
|
Salesforce.com, Inc. |
|
710,022 | |
|
1,200 |
|
@ |
|
Sandisk Corp. |
|
53,520 | |
|
7,200 |
|
|
|
Sara Lee Corp. |
|
108,000 | |
|
1,600 |
|
|
|
SCANA Corp. |
|
64,992 | |
|
7,405 |
|
|
|
Schlumberger Ltd. |
|
572,703 | |
|
1,200 |
|
|
|
Scripps Networks Interactive - Class A |
|
61,140 | |
|
3,100 |
|
|
|
Sealed Air Corp. |
|
72,075 | |
|
1,300 |
|
|
|
Sempra Energy |
|
65,117 | |
|
6,500 |
|
|
|
Southern Co. |
|
245,180 | |
|
8,100 |
|
|
|
Southwest Airlines Co. |
|
107,892 | |
|
4,500 |
|
@ |
|
Southwestern Energy Co. |
|
162,900 | |
|
27,700 |
|
|
|
Spectra Energy Corp. |
|
658,429 | |
|
41,100 |
|
@ |
|
Sprint Nextel Corp. |
|
155,358 | |
|
4,300 |
|
@ |
|
St. Jude Medical, Inc. |
|
166,367 | |
|
5,500 |
|
|
|
Stanley Black & Decker, Inc. |
|
327,415 | |
|
4,000 |
|
|
|
Staples, Inc. |
|
88,040 | |
|
5,800 |
|
|
|
Starbucks Corp. |
|
177,480 | |
|
1,000 |
|
|
|
Starwood Hotels & Resorts Worldwide, Inc. |
|
56,840 | |
|
2,723 |
|
|
|
State Street Corp. |
|
117,634 | |
|
5,100 |
|
@ |
|
Stericycle, Inc. |
|
376,890 | |
|
2,400 |
|
|
|
Stryker Corp. |
|
120,216 | |
|
6,200 |
|
|
|
Sunoco, Inc. |
|
248,868 | |
|
2,700 |
|
|
|
SunTrust Bank |
|
63,072 | |
|
6,500 |
|
|
|
Supervalu, Inc. |
|
58,760 | |
|
4,300 |
|
@ |
|
Symantec Corp. |
|
72,240 | |
|
11,800 |
|
|
|
Sysco Corp. |
|
342,436 | |
|
1,400 |
|
|
|
T. Rowe Price Group, Inc. |
|
81,662 | |
|
4,008 |
|
|
|
Target Corp. |
|
228,216 | |
|
14,400 |
|
|
|
Tellabs, Inc. |
|
90,864 | |
|
15,300 |
|
@ |
|
Tenet Healthcare Corp. |
|
62,424 | |
|
1,993 |
|
@ |
|
Teradata Corp. |
|
81,892 | |
|
6,100 |
|
@ |
|
Teradyne, Inc. |
|
72,346 | |
|
8,700 |
|
|
|
Texas Instruments, Inc. |
|
276,660 | |
|
4,000 |
|
|
|
Textron, Inc. |
|
89,440 | |
|
2,686 |
|
@ |
|
Thermo Fisher Scientific, Inc. |
|
136,610 | |
|
7,300 |
|
|
|
Tiffany & Co. |
|
453,330 | |
|
13,400 |
|
|
|
Time Warner Cable, Inc. |
|
824,636 | |
|
5,300 |
|
|
|
Time Warner, Inc. |
|
156,297 | |
|
3,600 |
|
@ |
|
Titanium Metals Corp. |
|
62,172 | |
|
3,800 |
|
|
|
TJX Cos., Inc. |
|
173,318 | |
|
5,400 |
|
|
|
Torchmark Corp. |
|
310,338 | |
|
4,400 |
|
|
|
Total System Services, Inc. |
|
66,396 | |
|
3,071 |
|
|
|
Travelers Cos., Inc. |
|
165,803 | |
|
3,800 |
|
|
|
Tyson Foods, Inc. |
|
60,154 | |
|
5,400 |
|
|
|
Union Pacific Corp. |
|
486,594 | |
|
13,100 |
|
|
|
United Parcel Service, Inc. - Class B |
|
918,703 | |
|
15,033 |
|
|
|
United Technologies Corp. |
|
1,131,534 | |
|
8,495 |
|
|
|
UnitedHealth Group, Inc. |
|
310,237 | |
|
1,798 |
|
|
|
UnumProvident Corp. |
|
38,639 | |
|
2,900 |
|
@ |
|
Urban Outfitters, Inc. |
|
109,591 | |
|
10,420 |
|
|
|
US Bancorp. |
|
247,788 | |
|
3,100 |
|
|
|
Valero Energy Corp. |
|
60,388 | |
|
5,600 |
|
@ |
|
Varian Medical Systems, Inc. |
|
368,648 | |
|
16,500 |
|
@ |
|
VeriSign, Inc. |
|
566,115 | |
|
29,955 |
|
|
|
Verizon Communications, Inc. |
|
958,860 | |
|
1,600 |
|
|
|
VF Corp. |
|
132,608 | |
|
3,300 |
|
|
|
Viacom - Class B |
|
124,839 | |
|
2,800 |
|
|
|
Visa, Inc. |
|
206,780 | |
|
12,900 |
|
|
|
Walgreen Co. |
|
449,565 | |
|
10,267 |
|
|
|
Wal-Mart Stores, Inc. |
|
555,342 | |
|
10,200 |
|
|
|
Walt Disney Co. |
|
372,402 | |
|
2,600 |
|
|
|
Waste Management, Inc. |
|
89,050 | |
|
1,767 |
|
@ |
|
Waters Corp. |
|
135,829 | |
|
500 |
|
@ |
|
Watson Pharmaceuticals, Inc. |
|
24,370 | |
|
2,900 |
|
@ |
|
WellPoint, Inc. |
|
161,646 | |
|
34,071 |
|
|
|
Wells Fargo & Co. |
|
927,072 | |
|
1,200 |
|
@ |
|
Western Digital Corp. |
|
40,200 | |
|
3,600 |
|
|
|
Western Union Co. |
|
63,504 | |
|
1,100 |
|
|
|
Weyerhaeuser Co. |
|
18,359 | |
|
400 |
|
|
|
Whirlpool Corp. |
|
29,200 | |
|
|
|
PORTFOLIO OF INVESTMENTS |
|
ING Global Advantage and Premium Opportunity Fund |
|
as of November 30, 2010 (Unaudited) (continued) |
|
Shares |
|
|
|
|
|
Value | |
|
|
|
|
|
United States (continued) |
|
| |
|
22,200 |
|
|
|
Williams Cos., Inc. |
|
$ |
506,382 |
|
7,900 |
|
|
|
Windstream Corp. |
|
103,016 | |
|
1,700 |
|
|
|
Wisconsin Energy Corp. |
|
102,374 | |
|
2,200 |
|
|
|
WW Grainger, Inc. |
|
274,846 | |
|
1,000 |
|
|
|
Wyndham Worldwide Corp. |
|
28,750 | |
|
400 |
|
|
|
Wynn Resorts Ltd. |
|
40,440 | |
|
5,300 |
|
|
|
Xcel Energy, Inc. |
|
124,550 | |
|
7,500 |
|
|
|
Xerox Corp. |
|
85,950 | |
|
1,000 |
|
|
|
Xilinx, Inc. |
|
27,120 | |
|
6,400 |
|
@ |
|
Yahoo!, Inc. |
|
100,928 | |
|
19,100 |
|
|
|
Yum! Brands, Inc. |
|
956,528 | |
|
1,100 |
|
@ |
|
Zimmer Holdings, Inc. |
|
54,186 | |
|
|
|
|
|
|
|
128,977,960 | |
|
|
|
|
|
Total Common Stock |
|
| |
|
|
|
|
|
(Cost $215,654,236) |
|
225,139,634 | |
|
REAL ESTATE INVESTMENT TRUSTS: 3.3% |
|
| |||||
|
|
|
|
|
Australia: 0.3% |
|
| |
|
77,476 |
|
|
|
CFS Retail Property Trust |
|
132,930 | |
|
50,783 |
|
|
|
Stockland |
|
178,431 | |
|
26,781 |
|
|
|
Westfield Group |
|
311,383 | |
|
|
|
|
|
|
|
622,744 | |
|
|
|
|
|
France: 0.0% |
|
| |
|
518 |
|
|
|
Unibail |
|
89,948 | |
|
|
|
|
|
|
|
89,948 | |
|
|
|
|
|
Hong Kong: 0.1% |
|
| |
|
49,500 |
|
|
|
Link Real Estate Investment Trust |
|
154,943 | |
|
|
|
|
|
|
|
154,943 | |
|
|
|
|
|
Japan: 0.2% |
|
| |
|
45 |
|
|
|
Japan Prime Realty Investment Corp. |
|
113,956 | |
|
13 |
|
|
|
Japan Real Estate Investment Corp. |
|
125,354 | |
|
69 |
|
|
|
Japan Retail Fund Investment Corp. |
|
110,887 | |
|
12 |
|
|
|
Nippon Building Fund, Inc. |
|
117,091 | |
|
9 |
|
|
|
Nomura Real Estate Office Fund, Inc. |
|
57,121 | |
|
|
|
|
|
|
|
524,409 | |
|
|
|
|
|
Singapore: 0.1% |
|
| |
|
76,550 |
|
|
|
Ascendas Real Estate Investment Trust |
|
120,538 | |
|
62,000 |
|
|
|
CapitaMall Trust |
|
86,345 | |
|
|
|
|
|
|
|
206,883 | |
|
|
|
|
|
United Kingdom: 0.1% |
|
| |
|
18,901 |
|
|
|
British Land Co. PLC |
|
141,485 | |
|
7,086 |
|
|
|
Land Securities Group PLC |
|
69,377 | |
|
|
|
|
|
|
|
210,862 | |
|
|
|
|
|
United States: 2.5% |
|
| |
|
2,700 |
|
|
|
Apartment Investment & Management Co. |
|
65,124 | |
|
4,800 |
|
|
|
AvalonBay Communities, Inc. |
|
529,584 | |
|
5,100 |
|
|
|
Boston Properties, Inc. |
|
427,380 | |
|
18,500 |
|
|
|
Equity Residential |
|
924,630 | |
|
4,100 |
|
|
|
HCP, Inc. |
|
135,013 | |
|
9,600 |
|
|
|
Health Care Real Estate Investment Trust, Inc. |
|
444,288 | |
|
7,900 |
|
|
|
Host Hotels & Resorts, Inc. |
|
130,192 | |
|
6,100 |
|
|
|
Kimco Realty Corp. |
|
101,626 | |
|
7,900 |
|
|
|
Prologis |
|
102,779 | |
|
9,500 |
|
|
|
Public Storage, Inc. |
|
917,700 | |
|
11,269 |
|
|
|
Simon Property Group, Inc. |
|
1,109,997 | |
|
9,900 |
|
|
|
Ventas, Inc. |
|
507,573 | |
|
7,800 |
|
|
|
Vornado Realty Trust |
|
636,324 | |
|
|
|
|
|
|
|
6,032,210 | |
|
|
|
|
|
Total Real Estate Investment Trusts |
|
| |
|
|
|
|
|
(Cost $7,508,205) |
|
7,841,999 | |
|
EXCHANGE-TRADED FUNDS: 1.2% |
|
| |||||
|
|
|
|
|
Developed Markets: 1.2% |
|
| |
|
52,000 |
|
|
|
iShares MSCI EAFE Index Fund |
|
2,821,000 | |
|
|
|
|
|
Total Exchange-Traded Funds |
|
| |
|
|
|
|
|
(Cost $2,889,629) |
|
2,821,000 | |
|
PREFERRED STOCK: 0.5% |
|
| |||||
|
|
|
|
|
Germany: 0.5% |
|
| |
|
980 |
|
|
|
Bayerische Motoren Werke AG |
|
47,468 | |
|
8,068 |
|
|
|
Henkel KGaA - Vorzug |
|
494,777 | |
|
2,747 |
|
|
|
RWE AG |
|
159,272 | |
|
3,101 |
|
|
|
Volkswagen AG |
|
501,542 | |
|
|
|
|
|
Total Preferred Stock |
|
| |
|
|
|
|
|
(Cost $1,139,964) |
|
1,203,059 | |
|
|
|
|
|
Total Long-Term Investments |
|
| |
|
|
|
|
|
(Cost $227,192,034) |
|
237,005,692 | |
|
|
|
PORTFOLIO OF INVESTMENTS |
|
ING Global Advantage and Premium Opportunity Fund |
|
as of November 30, 2010 (Unaudited) (continued) |
|
Shares |
|
|
|
|
|
Value | ||
|
SHORT-TERM INVESTMENTS: 1.3% |
|
| ||||||
|
|
|
|
|
Affiliated Mutual Fund: 1.3% |
|
| ||
|
3,193,000 |
|
|
|
ING Institutional Prime Money Market Fund - Class I |
|
$ |
3,193,000 | |
|
|
|
|
|
Total Short-Term Investments |
|
| ||
|
|
|
|
|
(Cost $3,193,000) |
|
3,193,000 | ||
|
|
|
|
|
Total Investments in Securities |
|
| ||
|
|
|
|
|
(Cost $230,385,034)* |
100.6% |
|
$ |
240,198,692 |
|
|
|
|
|
Other Assets and Liabilities - Net |
(0.6) |
|
(1,466,848) | |
|
|
|
|
|
Net Assets |
100.0% |
|
$ |
238,731,844 |
|
|
|
|
|
|
|
| ||
|
|
|
@ |
|
Non-income producing security |
|
| ||
|
|
|
* |
|
Cost for federal income tax purposes is $233,300,935. |
|
| ||
|
|
|
|
|
Net unrealized appreciation consists of: |
|
| ||
|
|
|
|
|
Gross Unrealized Appreciation |
|
$ |
18,106,795 | |
|
|
|
|
|
Gross Unrealized Depreciation |
|
(11,209,038) | ||
|
|
|
|
|
Net Unrealized Appreciation |
|
$ |
6,897,757 | |
|
|
|
PORTFOLIO OF INVESTMENTS |
|
ING Global Advantage and Premium Opportunity Fund |
|
as of November 30, 2010 (Unaudited) (continued) |
|
|
|
Percentage of |
|
Industry |
|
Net Assets |
|
Consumer Discretionary |
|
10.8% |
|
Consumer Staples |
|
10.3 |
|
Energy |
|
9.6 |
|
Financials |
|
18.7 |
|
Health Care |
|
10.1 |
|
Industrials |
|
11.3 |
|
Information Technology |
|
12.8 |
|
Materials |
|
6.1 |
|
Telecommunication Services |
|
4.3 |
|
Utilities |
|
4.1 |
|
Other Long-Term Investments |
|
1.2 |
|
Short-Term Investments |
|
1.3 |
|
Other Assets and Liabilities - Net |
|
(0.6) |
|
Net Assets |
|
100.0% |
|
|
|
PORTFOLIO OF INVESTMENTS |
|
ING Global Advantage and Premium Opportunity Fund |
|
as of November 30, 2010 (Unaudited) (continued) |
Fair Value Measurements
The following is a summary of the fair valuations according to the inputs used as of November 30, 2010 in valuing the Fund’s assets and liabilities:
|
|
|
Quoted Prices |
|
Other |
|
Significant |
|
| ||||
|
|
|
in Active Markets |
|
Observable |
|
Unobservable |
|
Fair Value | ||||
|
|
|
for Identical Investments |
|
Inputs# |
|
Inputs |
|
at | ||||
|
|
|
(Level 1) |
|
(Level 2) |
|
(Level 3) |
|
11/30/2010 | ||||
|
Asset Table |
|
|
|
|
|
|
|
| ||||
|
Investments, at value |
|
|
|
|
|
|
|
| ||||
|
Common Stock |
|
|
|
|
|
|
|
| ||||
|
Australia |
|
$ |
— |
|
$ |
7,608,567 |
|
$ |
— |
|
$ |
7,608,567 |
|
Austria |
|
— |
|
411,763 |
|
— |
|
411,763 | ||||
|
Barbados |
|
94,987 |
|
— |
|
— |
|
94,987 | ||||
|
Belgium |
|
121 |
|
1,304,860 |
|
— |
|
1,304,981 | ||||
|
Bermuda |
|
143,446 |
|
— |
|
— |
|
143,446 | ||||
|
Denmark |
|
— |
|
1,329,738 |
|
— |
|
1,329,738 | ||||
|
Finland |
|
— |
|
2,395,522 |
|
— |
|
2,395,522 | ||||
|
France |
|
— |
|
5,962,435 |
|
— |
|
5,962,435 | ||||
|
Germany |
|
— |
|
7,239,300 |
|
— |
|
7,239,300 | ||||
|
Greece |
|
— |
|
369,360 |
|
— |
|
369,360 | ||||
|
Guernsey |
|
— |
|
41,281 |
|
— |
|
41,281 | ||||
|
Hong Kong |
|
247,656 |
|
2,916,902 |
|
— |
|
3,164,558 | ||||
|
Ireland |
|
28,700 |
|
— |
|
— |
|
28,700 | ||||
|
Israel |
|
— |
|
797,194 |
|
— |
|
797,194 | ||||
|
Italy |
|
— |
|
3,173,514 |
|
— |
|
3,173,514 | ||||
|
Japan |
|
— |
|
21,378,801 |
|
— |
|
21,378,801 | ||||
|
Kazakhstan |
|
— |
|
292,879 |
|
— |
|
292,879 | ||||
|
Malaysia |
|
— |
|
30,445 |
|
— |
|
30,445 | ||||
|
Netherlands |
|
— |
|
5,311,924 |
|
— |
|
5,311,924 | ||||
|
New Zealand |
|
— |
|
219,581 |
|
— |
|
219,581 | ||||
|
Norway |
|
— |
|
27,363 |
|
— |
|
27,363 | ||||
|
Portugal |
|
— |
|
413,061 |
|
— |
|
413,061 | ||||
|
Singapore |
|
— |
|
1,301,098 |
|
— |
|
1,301,098 | ||||
|
Spain |
|
471,209 |
|
2,653,389 |
|
— |
|
3,124,598 | ||||
|
Sweden |
|
— |
|
4,118,566 |
|
— |
|
4,118,566 | ||||
|
Switzerland |
|
684,684 |
|
6,124,318 |
|
— |
|
6,809,002 | ||||
|
United Kingdom |
|
47,313 |
|
19,021,697 |
|
— |
|
19,069,010 | ||||
|
United States |
|
128,977,960 |
|
— |
|
— |
|
128,977,960 | ||||
|
Total Common Stock |
|
130,696,076 |
|
94,443,558 |
|
— |
|
225,139,634 | ||||
|
Real Estate Investment Trusts |
|
6,032,210 |
|
1,809,789 |
|
— |
|
7,841,999 | ||||
|
Exchange-Traded Funds |
|
2,821,000 |
|
— |
|
— |
|
2,821,000 | ||||
|
Preferred Stock |
|
— |
|
1,203,059 |
|
— |
|
1,203,059 | ||||
|
Short-Term Investments |
|
3,193,000 |
|
— |
|
— |
|
3,193,000 | ||||
|
Total Investments, at value |
|
$ |
142,742,286 |
|
$ |
97,456,406 |
|
$ |
— |
|
$ |
240,198,692 |
|
|
|
|
|
|
|
|
|
| ||||
|
Liabilities Table |
|
|
|
|
|
|
|
| ||||
|
Other Financial Instruments+: |
|
|
|
|
|
|
|
| ||||
|
Forward foreign currency contracts |
|
$ |
— |
|
$ |
(776,728) |
|
$ |
— |
|
$ |
(776,728) |
|
Futures |
|
(13,682) |
|
— |
|
— |
|
(13,682) | ||||
|
Written options |
|
— |
|
(1,468,865) |
|
— |
|
(1,468,865) | ||||
|
Total Liabilities |
|
$ |
(13,682) |
|
$ |
(2,245,593) |
|
$ |
— |
|
$ |
(2,259,275) |
‘+ Other Financial Instruments are derivatives not reflected in the Summary Portfolio of Investments and may include open forward foreign currency contracts, futures, swaps, and written options. Forward foreign currency contracts and futures are reported at their unrealized gain/loss at measurement date which represents the amount due to/from the Fund. Swaps and written options are reported at their market value at measurement date.
# The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Portfolio may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a significant portion of the Portfolio’s investments are categorized as Level 2 investments.
|
|
|
PORTFOLIO OF INVESTMENTS |
|
ING Global Advantage and Premium Opportunity Fund |
|
as of November 30, 2010 (Unaudited) (continued) |
At November 30, 2010 the following forward foreign currency contracts were outstanding for the ING Global Advantage and Premium Opportunity Fund:
|
Counterparty |
|
Currency |
|
Buy/Sell |
|
Settlement |
|
|
|
In |
|
Value |
|
Unrealized | |||
|
|
|
|
|
|
|
|
|
USD |
|
|
|
|
|
| |||
|
COUTTS & CO. |
|
EU Euro |
|
|
|
|
|
|
|
|
|
|
|
| |||
|
|
|
EUR 27,400,000 |
|
SELL |
|
12/15/10 |
|
|
|
$ |
35,287,309 |
|
$ |
35,564,786 |
|
$ |
(277,477) |
|
COUTTS & CO. |
|
Australian Dollar |
|
|
|
|
|
|
|
|
|
|
|
| |||
|
|
|
AUD 8,850,000 |
|
SELL |
|
12/15/10 |
|
|
|
8,191,852 |
|
8,465,492 |
|
(273,640) | |||
|
COUTTS & CO. |
|
British Pound |
|
|
|
|
|
|
|
|
|
|
|
| |||
|
|
|
GBP 13,600,000 |
|
SELL |
|
12/15/10 |
|
|
|
20,967,120 |
|
21,151,842 |
|
(184,722) | |||
|
COUTTS & CO. |
|
Swiss Franc |
|
|
|
|
|
|
|
|
|
|
|
| |||
|
|
|
CHF 7,000,000 |
|
SELL |
|
12/15/10 |
|
|
|
6,949,512 |
|
6,976,420 |
|
(26,908) | |||
|
COUTTS & CO. |
|
Japanese Yen |
|
|
|
|
|
|
|
|
|
|
|
| |||
|
|
|
JPY 1,810,000,000 |
|
SELL |
|
12/15/10 |
|
|
|
21,618,755 |
|
21,632,736 |
|
(13,981) | |||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
(776,728) | ||
|
|
|
PORTFOLIO OF INVESTMENTS |
|
ING Global Advantage and Premium Opportunity Fund |
|
as of November 30, 2010 (Unaudited) (continued) |
ING Global Advantage and Premium Opportunity Fund Open Futures Contracts on November 30, 2010:
|
|
|
Number of |
|
|
|
Notional |
|
Unrealized | ||
|
Contract Description |
|
Contracts |
|
Expiration Date |
|
Value |
|
Depreciation | ||
|
Long Contracts |
|
|
|
|
|
|
|
| ||
|
S&P 500 E-Mini |
|
49 |
|
12/17/10 |
|
$ |
2,890,020 |
|
$ |
(11,736) |
|
S&P 500 E-Mini |
|
11 |
|
03/18/11 |
|
646,030 |
|
(1,946) | ||
|
|
|
|
|
|
|
$ |
3,536,050 |
|
$ |
(13,682) |
|
|
|
PORTFOLIO OF INVESTMENTS |
|
ING Global Advantage and Premium Opportunity Fund |
|
as of November 30, 2010 (Unaudited) (continued) |
Written OTC Call Options
|
# of |
|
|
|
|
|
Expiration |
|
Strike |
|
|
|
Premiums |
|
Fair | ||
|
Contracts |
|
Counterparty |
|
Description |
|
Date |
|
Price/Rate |
|
|
|
Received |
|
Value | ||
|
2,530 |
|
Goldman Sachs & Co. |
|
Dow Jones Euro Stoxx 50 |
|
12/09/10 |
|
2,829.800 |
|
EUR |
|
$ |
216,218 |
|
$ |
(10,443) |
|
2,660 |
|
Goldman Sachs & Co. |
|
Dow Jones Euro Stoxx 50 |
|
12/16/10 |
|
2,762.150 |
|
EUR |
|
215,130 |
|
(75,463) | ||
|
1,290 |
|
Goldman Sachs & Co. |
|
FTSE 100 Index |
|
12/09/10 |
|
5,809.410 |
|
GBP |
|
216,365 |
|
(12,080) | ||
|
1,310 |
|
Morgan Stanley |
|
FTSE 100 Index |
|
12/16/10 |
|
5,662.760 |
|
GBP |
|
208,092 |
|
(107,238) | ||
|
94,000 |
|
Barclays Bank PLC |
|
Nikkei 225 Index |
|
12/09/10 |
|
9,876.252 |
|
JPY |
|
246,085 |
|
(200,319) | ||
|
95,300 |
|
JPMorgan Chase & Co. |
|
Nikkei 225 Index |
|
12/16/10 |
|
10,040.100 |
|
JPY |
|
222,990 |
|
(152,265) | ||
|
43,981 |
|
JPMorgan Chase & Co. |
|
S&P 500® Index |
|
12/09/10 |
|
1,218.710 |
|
USD |
|
938,115 |
|
(69,892) | ||
|
38,366 |
|
JPMorgan Chase & Co. |
|
S&P 500® Index |
|
12/21/10 |
|
1,180.730 |
|
USD |
|
860,550 |
|
(841,165) | ||
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
3,123,545 |
|
$ |
(1,468,865) |
|
|
|
PORTFOLIO OF INVESTMENTS |
|
ING Global Advantage and Premium Opportunity Fund |
|
as of November 30, 2010 (Unaudited) (continued) |
On March 19, 2008, the FASB issued Statement of Financial Accounting Standards No. 161 (“SFAS No. 161”), “Disclosure about Derivative Instruments and Hedging Activities.” This new accounting statement requires enhanced disclosures about an entity’s derivative and hedging activities. Entities are required to provide enhanced disclosures about (a) how and why an entity invests in derivatives, (b) how derivatives are accounted for under SFAS No. 133, and ( c ) how derivatives affect an entity’s financial position, financial performance, and cash flows. SFAS No. 161 also requires enhanced disclosures regarding credit-risk related contingent features of derivative instruments.
The following is a summary of the fair valuations of the Fund’s derivative instruments categorized by risk exposure as of November 30, 2010:
|
|
|
Derivatives Fair Value* | |
|
Equity contracts |
|
$ |
(1,482,547) |
|
Foreign exchange contracts |
|
(776,728) | |
|
Total |
|
$ |
(2,259,275) |
* Forward foreign currency contracts and futures are reported at their unrealized gain/loss at measurement date which represents the amount due to/from the Fund. Swaps, purchased options and written options are reported at their market value at measurement date.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
|
(Registrant): ING Global Advantage and Premium Opportunity Fund | ||
|
|
|
|
|
By |
/s/ Shaun P. Mathews |
|
|
|
Shaun P. Mathews |
|
|
|
President and Chief Executive Officer |
|
|
|
|
|
|
Date: |
January 18, 2011 |
|
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
|
By |
/s/ Shaun P. Mathews |
|
|
|
Shaun P. Mathews |
|
|
|
President and Chief Executive Officer |
|
|
|
|
|
|
Date: |
January 18, 2011 |
|
|
|
|
|
|
By |
/s/ Todd Modic |
|
|
|
Todd Modic |
|
|
|
Senior Vice President and Chief Financial Officer |
|
|
|
|
|
|
Date: |
January 18, 2011 |
|