UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

**FORM N-Q**

**QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED**

**MANAGEMENT INVESTMENT COMPANY**

**_______________________________**

Investment Company Act file number  811-07507

DWS Investments VIT Funds

(Exact name of registrant as specified in charter)

 

345 Park Avenue

New York, NY  10154

(Address of principal executive offices)             (Zip code)

 

Paul Schubert

345 Park Avenue

New York, NY  10154-0004

(Name and address of agent for service)

Registrant's telephone number, including area code:  (212) 454-7190

Date of fiscal year end:  12/31

Date of reporting period: 09/30/08

 

ITEM 1.  SCHEDULE OF INVESTMENTS

 

| Investment Portfolio | **as of September 30, 2008  (Unaudited)** |
|----------------------|-------------------------------------------|

 

 

**DWS Equity 500 Index VIP**

 

 

|   | **Shares**              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | **Value ($)** |
|--------|-------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------|
|        |
|   | **Common Stocks 99.6%** |  
**Consumer Discretionary 8.5%**

 
**Auto Components 0.2%**

 
Goodyear Tire & Rubber Co.*  

 

20,194 

 

309,170 

Johnson Controls, Inc.  

 

49,838 

 

1,511,587 

 

**1,820,757**

**Automobiles 0.2%**

 
Ford Motor Co.* (a) 

 

189,262 

 

984,162 

General Motors Corp. (a) 

 

47,366 

 

447,609 

Harley-Davidson, Inc.  

 

19,686 

 

734,288 

 

**2,166,059**

 

 

 

**Distributors 0.1%**

 
Genuine Parts Co.  

 

13,509 

 

**543,197**

**Diversified Consumer Services 0.1%**

 
Apollo Group, Inc. "A"*  

 

9,444 

 

560,029 

H&R Block, Inc.  

 

27,296 

 

620,984 

 

**1,181,013**

**Hotels Restaurants & Leisure 1.3%**

 
Carnival Corp. (Unit) (a) 

 

36,546 

 

1,291,901 

Darden Restaurants, Inc.  

 

11,754 

 

336,517 

International Game Technology  

 

25,956 

 

445,924 

Marriott International, Inc. "A"  

 

24,840 

 

648,076 

McDonald's Corp.  

 

94,091 

 

5,805,415 

Starbucks Corp.*  

 

61,128 

 

908,973 

Starwood Hotels & Resorts Worldwide, Inc.  

 

15,625 

 

439,687 

Wendy's/Arby's Group, Inc. "A"  

 

31,496 

 

165,669 

Wyndham Worldwide Corp.  

 

14,837 

 

233,089 

Yum! Brands, Inc.  

 

39,616 

 

1,291,878 

 

**11,567,129**

**Household Durables 0.5%**

 
Black & Decker Corp.  

 

5,022 

 

305,086 

Centex Corp.  

 

10,635 

 

172,287 

D.R. Horton, Inc.  

 

23,500 

 

305,970 

Fortune Brands, Inc.  

 

12,855 

 

737,363 

Harman International Industries, Inc.  

 

4,900 

 

166,943 

KB HOME (a) 

 

7,292 

 

143,507 

Leggett & Platt, Inc.  

 

13,464 

 

293,381 

Lennar Corp. "A"  

 

12,000 

 

182,280 

Newell Rubbermaid, Inc.  

 

23,197 

 

400,380 

Pulte Homes, Inc.  

 

19,782 

 

276,355 

Snap-on, Inc.  

 

4,793 

 

252,399 

The Stanley Works  

 

6,556 

 

273,647 

Whirlpool Corp. (a) 

 

6,288 

 

498,576 

 

**4,008,174**

**Internet & Catalog Retail 0.3%**

 
Amazon.com, Inc.*  

 

26,228 

 

1,908,349 

Expedia, Inc.*  

 

17,753 

 

268,248 

 

**2,176,597**

**Leisure Equipment & Products 0.2%**

 
Eastman Kodak Co.  

 

24,207 

 

372,303 

Hasbro, Inc.  

 

11,586 

 

402,266 

Mattel, Inc.  

 

30,198 

 

544,772 

 

**1,319,341**

**Media 2.6%**

 
CBS Corp. "B"  

 

56,887 

 

829,412 

Comcast Corp. "A"  

 

244,087 

 

4,791,428 

Gannett Co., Inc. (a) 

 

19,142 

 

323,691 

Interpublic Group of Companies, Inc.*  

 

39,697 

 

307,652 

McGraw-Hill Companies, Inc.  

 

26,564 

 

839,688 

Meredith Corp. (a) 

 

3,024 

 

84,793 

New York Times Co. "A" (a) 

 

9,710 

 

138,756 

News Corp. "A"  

 

192,054 

 

2,302,728 

Omnicom Group, Inc.  

 

26,732 

 

1,030,786 

Scripps Networks Interactive "A"  

 

7,500 

 

272,325 

The DIRECTV Group, Inc.*  

 

48,300 

 

1,264,011 

Time Warner, Inc.  

 

299,730 

 

3,929,460 

 

 

 

Viacom, Inc. "B"*  

 

52,887 

 

1,313,713 

Walt Disney Co.  

 

156,980 

 

4,817,716 

Washington Post Co. "B"  

 

518 

 

288,402 

 

**22,534,561**

**Multiline Retail 0.8%**

 
Big Lots, Inc.* (a) 

 

6,892 

 

191,804 

Dillard's, Inc. "A" (a) 

 

4,851 

 

57,242 

Family Dollar Stores, Inc.  

 

11,670 

 

276,579 

J.C. Penney Co., Inc.  

 

18,622 

 

620,857 

Kohl's Corp.*  

 

25,478 

 

1,174,026 

Macy's, Inc.  

 

35,208 

 

633,040 

Nordstrom, Inc. (a) 

 

13,348 

 

384,689 

Sears Holdings Corp.* (a) 

 

4,743 

 

443,471 

Target Corp.  

 

63,110 

 

3,095,546 

 

**6,877,254**

**Specialty Retail 1.7%**

 
Abercrombie & Fitch Co. "A"  

 

7,300 

 

287,985 

AutoNation, Inc.* (a) 

 

11,151 

 

125,337 

AutoZone, Inc.*  

 

3,591 

 

442,914 

Bed Bath & Beyond, Inc.*  

 

21,816 

 

685,241 

Best Buy Co., Inc. (a) 

 

28,236 

 

1,058,850 

GameStop Corp. "A"*  

 

13,600 

 

465,256 

Home Depot, Inc.  

 

142,085 

 

3,678,581 

Limited Brands, Inc.  

 

23,870 

 

413,428 

Lowe's Companies, Inc. (a) 

 

122,600 

 

2,904,394 

Office Depot, Inc.*  

 

23,203 

 

135,041 

RadioShack Corp.  

 

10,945 

 

189,130 

Staples, Inc.  

 

58,989 

 

1,327,253 

The Gap, Inc.  

 

37,732 

 

670,875 

The Sherwin-Williams Co.  

 

8,289 

 

473,799 

Tiffany & Co.  

 

10,400 

 

369,408 

TJX Companies, Inc.  

 

35,658 

 

1,088,282 

 

**14,315,774**

**Textiles, Apparel & Luxury Goods 0.5%**

 
Coach, Inc.*  

 

28,700 

 

718,648 

Jones Apparel Group, Inc.  

 

7,294 

 

135,012 

Liz Claiborne, Inc.  

 

7,924 

 

130,191 

NIKE, Inc. "B"  

 

31,850 

 

2,130,765 

Polo Ralph Lauren Corp.  

 

4,900 

 

326,536 

VF Corp.  

 

7,387 

 

571,089 

 

**4,012,241**

**Consumer Staples 12.2%**

 
**Beverages 2.8%**

 
Anheuser-Busch Companies, Inc.  

 

59,909 

 

3,886,896 

Brown-Forman Corp. "B"  

 

7,080 

 

508,415 

Coca-Cola Co.  

 

166,314 

 

8,794,684 

Coca-Cola Enterprises, Inc.  

 

24,150 

 

404,996 

Constellation Brands, Inc. "A"*  

 

16,600 

 

356,236 

Molson Coors Brewing Co. "B"  

 

11,784 

 

550,902 

Pepsi Bottling Group, Inc.  

 

11,411 

 

332,859 

PepsiCo, Inc.  

 

130,946 

 

9,332,521 

 

**24,167,509**

 

 

 

**Food & Staples Retailing 2.9%**

 
Costco Wholesale Corp.  

 

36,345 

 

2,359,881 

CVS Caremark Corp.  

 

120,090 

 

4,042,229 

Kroger Co.  

 

54,763 

 

1,504,887 

Safeway, Inc.  

 

36,527 

 

866,421 

SUPERVALU, Inc.  

 

17,948 

 

389,472 

Sysco Corp.  

 

50,357 

 

1,552,506 

Wal-Mart Stores, Inc.  

 

187,627 

 

11,236,981 

Walgreen Co. (a) 

 

82,796 

 

2,563,364 

Whole Foods Market, Inc. (a) 

 

11,700 

 

234,351 

 

**24,750,092**

**Food Products 1.8%**

 
Archer-Daniels-Midland Co.  

 

53,907 

 

1,181,102 

Campbell Soup Co.  

 

18,085 

 

698,081 

ConAgra Foods, Inc.  

 

37,905 

 

737,631 

Dean Foods Co.*  

 

11,500 

 

268,640 

General Mills, Inc.  

 

28,128 

 

1,932,956 

H.J. Heinz Co.  

 

26,179 

 

1,308,165 

Kellogg Co.  

 

20,932 

 

1,174,285 

Kraft Foods, Inc. "A"  

 

126,982 

 

4,158,661 

McCormick & Co., Inc.  

 

10,814 

 

415,798 

Sara Lee Corp.  

 

59,339 

 

749,452 

The Hershey Co.  

 

14,046 

 

555,379 

Tyson Foods, Inc. "A"  

 

22,800 

 

272,232 

Wm. Wrigley Jr. Co.  

 

18,033 

 

1,431,820 

 

**14,884,202**

**Household Products 2.8%**

 
Clorox Co.  

 

11,530 

 

722,816 

Colgate-Palmolive Co.  

 

42,321 

 

3,188,887 

Kimberly-Clark Corp.  

 

34,747 

 

2,252,996 

Procter & Gamble Co.

 

253,855 

 

17,691,155 

 

**23,855,854**

**Personal Products 0.2%**

 
Avon Products, Inc.  

 

35,870 

 

1,491,116 

Estee Lauder Companies, Inc. "A"  

 

9,600 

 

479,136 

 

**1,970,252**

**Tobacco 1.7%**

 
Altria Group, Inc.  

 

172,370 

 

3,419,821 

Lorillard, Inc.  

 

14,502 

 

1,031,817 

Philip Morris International, Inc.  

 

172,470 

 

8,295,807 

Reynolds American, Inc.  

 

14,428 

 

701,489 

UST, Inc.  

 

12,335 

 

820,771 

 

**14,269,705**

**Energy 13.3%**

 
**Energy Equipment & Services 2.6%**

 
Baker Hughes, Inc.  

 

25,771 

 

1,560,176 

BJ Services Co.  

 

24,586 

 

470,330 

Cameron International Corp.*  

 

18,200 

 

701,428 

ENSCO International, Inc.  

 

12,000 

 

691,560 

Halliburton Co.  

 

73,373 

 

2,376,552 

Nabors Industries Ltd.*  

 

23,396 

 

583,028 

National-Oilwell Varco, Inc.*  

 

34,900 

 

1,753,027 

Noble Corp.  

 

22,490 

 

987,311 

Rowan Companies, Inc.  

 

9,482 

 

289,675 

 

 

 

Schlumberger Ltd.  

 

100,218 

 

7,826,024 

Smith International, Inc.  

 

18,100 

 

1,061,384 

Transocean, Inc.*  

 

26,699 

 

2,932,618 

Weatherford International Ltd.*  

 

56,888 

 

1,430,164 

 

**22,663,277**

**Oil, Gas & Consumable Fuels 10.7%**

 
Anadarko Petroleum Corp.  

 

39,214 

 

1,902,271 

Apache Corp.  

 

27,953 

 

2,914,939 

Cabot Oil & Gas Corp.  

 

8,400 

 

303,576 

Chesapeake Energy Corp.  

 

43,300 

 

1,552,738 

Chevron Corp.  

 

171,882 

 

14,176,827 

ConocoPhillips (a) 

 

127,142 

 

9,313,151 

CONSOL Energy, Inc.  

 

15,300 

 

702,117 

Devon Energy Corp.  

 

36,992 

 

3,373,670 

El Paso Corp.  

 

58,754 

 

749,701 

EOG Resources, Inc.  

 

20,757 

 

1,856,921 

ExxonMobil Corp. (a) 

 

434,504 

 

33,743,581 

Hess Corp.  

 

23,550 

 

1,932,984 

Marathon Oil Corp.  

 

59,342 

 

2,365,966 

Massey Energy Co.  

 

6,600 

 

235,422 

Murphy Oil Corp.  

 

16,000 

 

1,026,240 

Noble Energy, Inc.  

 

14,400 

 

800,496 

Occidental Petroleum Corp.  

 

68,388 

 

4,817,935 

Peabody Energy Corp.  

 

22,800 

 

1,026,000 

Pioneer Natural Resources Co.  

 

10,000 

 

522,800 

Range Resources Corp.  

 

12,368 

 

530,216 

Southwestern Energy Co.*  

 

29,600 

 

903,984 

Spectra Energy Corp.  

 

53,191 

 

1,265,946 

Sunoco, Inc.  

 

9,716 

 

345,695 

Tesoro Corp. (a) 

 

11,600 

 

191,284 

Valero Energy Corp.  

 

44,472 

 

1,347,502 

Williams Companies, Inc.  

 

48,187 

 

1,139,623 

XTO Energy, Inc.  

 

45,085 

 

2,097,354 

 

**91,138,939**

**Financials 15.8%**

 
**Capital Markets 2.8%**

 
American Capital Ltd. (a) 

 

16,100 

 

410,711 

Ameriprise Financial, Inc.  

 

18,105 

 

691,611 

Bank of New York Mellon Corp.  

 

97,048 

 

3,161,824 

Charles Schwab Corp.  

 

79,963 

 

2,079,038 

E*TRADE Financial Corp.* (a) 

 

39,900 

 

111,720 

Federated Investors, Inc. "B"  

 

7,200 

 

207,720 

Franklin Resources, Inc.  

 

13,052 

 

1,150,273 

Invesco Ltd.  

 

32,800 

 

688,144 

Janus Capital Group, Inc.  

 

12,271 

 

297,940 

Legg Mason, Inc.  

 

11,500 

 

437,690 

Merrill Lynch & Co., Inc.  

 

128,072 

 

3,240,221 

Morgan Stanley  

 

92,740 

 

2,133,020 

Northern Trust Corp.  

 

18,549 

 

1,339,238 

State Street Corp.  

 

35,865 

 

2,040,001 

T. Rowe Price Group, Inc.  

 

21,820 

 

1,171,952 

The Goldman Sachs Group, Inc.  

 

36,333 

 

4,650,624 

 

**23,811,727**

 

 

 

**Commercial Banks 3.0%**

 
BB&T Corp. (a) 

 

45,934 

 

1,736,305 

Comerica, Inc. (a) 

 

12,637 

 

414,367 

Fifth Third Bancorp. (a) 

 

46,406 

 

552,231 

First Horizon National Corp. (a) 

 

13,526 

 

126,599 

Huntington Bancshares, Inc. (a) 

 

31,660 

 

252,963 

KeyCorp.  

 

41,429 

 

494,662 

M&T Bank Corp.  

 

6,450 

 

575,663 

Marshall & Ilsley Corp. (a) 

 

21,852 

 

440,318 

National City Corp. (a) 

 

56,976 

 

99,708 

PNC Financial Services Group, Inc.  

 

29,026 

 

2,168,242 

Regions Financial Corp. (a) 

 

58,661 

 

563,146 

SunTrust Banks, Inc.  

 

29,571 

 

1,330,399 

US Bancorp.  

 

145,754 

 

5,250,059 

Wachovia Corp.  

 

184,699 

 

646,447 

Wells Fargo & Co.  

 

276,848 

 

10,390,105 

Zions Bancorp. (a) 

 

9,011 

 

348,726 

 

**25,389,940**

**Consumer Finance 0.7%**

 
American Express Co.  

 

97,025 

 

3,437,596 

Capital One Financial Corp. (a) 

 

31,402 

 

1,601,502 

Discover Financial Services (a) 

 

40,070 

 

553,767 

SLM Corp.*  

 

39,078 

 

482,223 

 

**6,075,088**

**Diversified Financial Services 4.9%**

 
Bank of America Corp. (a) 

 

381,450 

 

13,350,750 

CIT Group, Inc.  

 

23,824 

 

165,815 

Citigroup, Inc.  

 

455,531 

 

9,342,941 

CME Group, Inc.  

 

5,600 

 

2,080,456 

IntercontinentalExchange, Inc.*  

 

6,500 

 

524,420 

JPMorgan Chase & Co.  

 

308,191 

 

14,392,520 

Leucadia National Corp.  

 

14,500 

 

658,880 

Moody's Corp. (a) 

 

16,552 

 

562,768 

NYSE Euronext  

 

22,300 

 

873,714 

 

**41,952,264**

**Insurance 3.0%**

 
Aflac, Inc.  

 

39,837 

 

2,340,424 

Allstate Corp.  

 

45,356 

 

2,091,819 

American International Group, Inc.  

 

224,981 

 

749,187 

Aon Corp.  

 

23,183 

 

1,042,308 

Assurant, Inc.  

 

8,600 

 

473,000 

Chubb Corp.  

 

30,370 

 

1,667,313 

Cincinnati Financial Corp.  

 

13,709 

 

389,884 

Genworth Financial, Inc. "A"  

 

36,200 

 

311,682 

Hartford Financial Services Group, Inc.  

 

25,234 

 

1,034,342 

Lincoln National Corp.  

 

21,469 

 

919,088 

Loews Corp.  

 

30,282 

 

1,195,836 

Marsh & McLennan Companies, Inc.  

 

42,913 

 

1,362,917 

MBIA, Inc. (a) 

 

16,664 

 

198,302 

MetLife, Inc.  

 

57,432 

 

3,216,192 

Principal Financial Group, Inc.  

 

21,711 

 

944,211 

Progressive Corp.  

 

56,956 

 

991,034 

Prudential Financial, Inc.  

 

35,663 

 

2,567,736 

The Travelers Companies, Inc.  

 

50,771 

 

2,294,849 

Torchmark Corp.  

 

7,310 

 

437,138 

 

 

 

Unum Group  

 

28,865 

 

724,511 

XL Capital Ltd. "A"  

 

25,577 

 

458,851 

 

**25,410,624**

**Real Estate Investment Trusts 1.3%**

 
Apartment Investment & Management Co. "A" (REIT)  

 

7,846 

 

274,767 

AvalonBay Communities, Inc. (REIT)  

 

6,500 

 

639,730 

Boston Properties, Inc. (REIT)  

 

10,000 

 

936,600 

Developers Diversified Realty Corp. (REIT)  

 

10,100 

 

320,069 

Equity Residential (REIT)  

 

22,730 

 

1,009,439 

General Growth Properties, Inc. (REIT)  

 

19,100 

 

288,410 

HCP, Inc. (REIT)  

 

19,385 

 

777,920 

Host Hotels & Resorts, Inc. (REIT)  

 

43,900 

 

583,431 

Kimco Realty Corp. (REIT) (a) 

 

21,000 

 

775,740 

Plum Creek Timber Co., Inc. (REIT)  

 

14,400 

 

717,984 

ProLogis (REIT)  

 

21,900 

 

903,813 

Public Storage (REIT)  

 

10,346 

 

1,024,358 

Simon Property Group, Inc. (REIT)  

 

18,841 

 

1,827,577 

Vornado Realty Trust (REIT)  

 

11,400 

 

1,036,830 

 

**11,116,668**

**Real Estate Management & Development 0.0%**

 
CB Richard Ellis Group, Inc. "A"*  

 

14,600 

 

**195,202**

**Thrifts & Mortgage Finance 0.1%**

 
Hudson City Bancorp., Inc.  

 

46,800 

 

863,460 

MGIC Investment Corp.  

 

7,942 

 

55,832 

Sovereign Bancorp., Inc.  

 

41,798 

 

165,102 

 

**1,084,394**

**Health Care 13.0%**

 
**Biotechnology 1.7%**

 
Amgen, Inc.*  

 

88,516 

 

5,246,343 

Biogen Idec, Inc.*  

 

24,260 

 

1,220,035 

Celgene Corp.* (a) 

 

37,700 

 

2,385,656 

Genzyme Corp.*  

 

22,403 

 

1,812,179 

Gilead Sciences, Inc.*  

 

77,472 

 

3,531,174 

 

**14,195,387**

**Health Care Equipment & Supplies 2.3%**

 
Baxter International, Inc.  

 

52,503 

 

3,445,772 

Becton, Dickinson & Co.  

 

20,378 

 

1,635,538 

Boston Scientific Corp.*  

 

121,865 

 

1,495,284 

C.R. Bard, Inc.  

 

8,398 

 

796,718 

Covidien Ltd.  

 

41,988 

 

2,257,275 

Hospira, Inc.*  

 

13,420 

 

512,644 

Intuitive Surgical, Inc.*  

 

3,300 

 

795,234 

Medtronic, Inc.  

 

94,425 

 

4,730,692 

St. Jude Medical, Inc.*  

 

28,488 

 

1,238,943 

Stryker Corp. (a) 

 

20,082 

 

1,251,109 

Varian Medical Systems, Inc.*  

 

10,500 

 

599,865 

Zimmer Holdings, Inc.*  

 

18,784 

 

1,212,695 

 

**19,971,769**

**Health Care Providers & Services 2.0%**

 
Aetna, Inc.  

 

39,472 

 

1,425,334 

AmerisourceBergen Corp.  

 

13,582 

 

511,362 

Cardinal Health, Inc.  

 

30,000 

 

1,478,400 

CIGNA Corp.  

 

23,005 

 

781,710 

 

 

 

Coventry Health Care, Inc.*  

 

12,395 

 

403,457 

DaVita, Inc.*  

 

8,800 

 

501,688 

Express Scripts, Inc.*  

 

20,668 

 

1,525,712 

Humana, Inc.*  

 

14,175 

 

584,010 

Laboratory Corp. of America Holdings*  

 

9,291 

 

645,725 

McKesson Corp.  

 

23,115 

 

1,243,818 

Medco Health Solutions, Inc.*  

 

42,328 

 

1,904,760 

Patterson Companies, Inc.*  

 

7,700 

 

234,157 

Quest Diagnostics, Inc.  

 

13,216 

 

682,871 

Tenet Healthcare Corp.*  

 

40,300 

 

223,665 

UnitedHealth Group, Inc.  

 

101,908 

 

2,587,444 

WellPoint, Inc.*  

 

42,788 

 

2,001,195 

 

**16,735,308**

**Health Care Technology 0.0%**

 
IMS Health, Inc.  

 

15,430 

 

**291,781**

**Life Sciences Tools & Services 0.4%**

 
Applied Biosystems, Inc.  

 

14,229 

 

487,343 

Millipore Corp.*  

 

4,615 

 

317,512 

PerkinElmer, Inc.  

 

10,036 

 

250,599 

Thermo Fisher Scientific, Inc.*  

 

35,121 

 

1,931,655 

Waters Corp.*  

 

8,400 

 

488,712 

 

**3,475,821**

**Pharmaceuticals 6.6%**

 
Abbott Laboratories  

 

128,982 

 

7,426,784 

Allergan, Inc.  

 

25,824 

 

1,329,936 

Barr Pharmaceuticals, Inc.*  

 

9,100 

 

594,230 

Bristol-Myers Squibb Co.  

 

165,662 

 

3,454,053 

Eli Lilly & Co.  

 

83,137 

 

3,660,522 

Forest Laboratories, Inc.*  

 

25,595 

 

723,827 

Johnson & Johnson  

 

233,734 

 

16,193,092 

King Pharmaceuticals, Inc.*  

 

20,786 

 

199,130 

Merck & Co., Inc.  

 

179,259 

 

5,657,414 

Mylan, Inc. (a) 

 

25,536 

 

291,621 

Pfizer, Inc.  

 

563,989 

 

10,399,957 

Schering-Plough Corp.  

 

135,950 

 

2,510,996 

Watson Pharmaceuticals, Inc.*  

 

8,755 

 

249,517 

Wyeth  

 

111,576 

 

4,121,617 

 

**56,812,696**

**Industrials 11.0%**

 
**Aerospace & Defense 2.7%**

 
Boeing Co.  

 

61,908 

 

3,550,424 

General Dynamics Corp.  

 

33,234 

 

2,446,687 

Goodrich Corp.  

 

10,461 

 

435,177 

Honeywell International, Inc.  

 

62,247 

 

2,586,363 

L-3 Communications Holdings, Inc.  

 

10,200 

 

1,002,864 

Lockheed Martin Corp.  

 

27,893 

 

3,059,025 

Northrop Grumman Corp.  

 

28,231 

 

1,709,105 

Precision Castparts Corp.  

 

11,600 

 

913,848 

Raytheon Co.  

 

34,896 

 

1,867,285 

Rockwell Collins, Inc.  

 

13,331 

 

641,088 

United Technologies Corp.  

 

80,700 

 

4,846,842 

 

**23,058,708**

 

 

 

**Air Freight & Logistics 1.0%**

 
C.H. Robinson Worldwide, Inc.  

 

14,400 

 

733,824 

Expeditors International of Washington, Inc.  

 

18,000 

 

627,120 

FedEx Corp.  

 

26,065 

 

2,060,177 

United Parcel Service, Inc. "B" (a) 

 

84,358 

 

5,305,275 

 

**8,726,396**

**Airlines 0.1%**

 
Southwest Airlines Co.  

 

61,395 

 

**890,841**

**Building Products 0.1%**

 
Masco Corp.  

 

30,365 

 

**544,748**

**Commercial Services & Supplies 0.4%**

 
Allied Waste Industries, Inc.*  

 

25,075 

 

278,583 

Avery Dennison Corp.  

 

8,886 

 

395,249 

Cintas Corp.  

 

11,542 

 

331,371 

Pitney Bowes, Inc.  

 

17,346 

 

576,928 

R.R. Donnelley & Sons Co.  

 

17,629 

 

432,439 

Waste Management, Inc.  

 

40,969 

 

1,290,114 

 

**3,304,684**

**Construction & Engineering 0.1%**

 
Fluor Corp.  

 

14,950 

 

832,715 

Jacobs Engineering Group, Inc.*  

 

10,200 

 

553,962 

 

**1,386,677**

**Electrical Equipment 0.4%**

 
Cooper Industries Ltd. "A"  

 

14,528 

 

580,394 

Emerson Electric Co.  

 

64,904 

 

2,647,434 

Rockwell Automation, Inc.  

 

12,347 

 

461,037 

 

**3,688,865**

**Industrial Conglomerates 3.2%**

 
3M Co.  

 

58,436 

 

3,991,763 

General Electric Co.  

 

832,232 

 

21,221,916 

Textron, Inc.  

 

20,782 

 

608,497 

Tyco International Ltd.  

 

39,688 

 

1,389,874 

 

**27,212,050**

**Machinery 1.7%**

 
Caterpillar, Inc.  

 

50,936 

 

3,035,786 

Cummins, Inc.  

 

17,012 

 

743,765 

Danaher Corp.  

 

21,365 

 

1,482,731 

Deere & Co.  

 

35,724 

 

1,768,338 

Dover Corp.  

 

15,702 

 

636,716 

Eaton Corp.  

 

13,805 

 

775,565 

Illinois Tool Works, Inc.  

 

33,394 

 

1,484,363 

Ingersoll-Rand Co., Ltd. "A"  

 

26,640 

 

830,369 

ITT Corp.  

 

15,194 

 

844,938 

Manitowoc Co., Inc.  

 

10,900 

 

169,495 

PACCAR, Inc.  

 

30,701 

 

1,172,471 

Pall Corp.  

 

10,053 

 

345,723 

Parker Hannifin Corp.  

 

14,068 

 

745,604 

Terex Corp.*  

 

8,400 

 

256,368 

 

**14,292,232**

**Professional Services 0.1%**

 
Equifax, Inc.  

 

10,791 

 

371,750 

Monster Worldwide, Inc.*  

 

10,385 

 

154,840 

Robert Half International, Inc.  

 

13,600 

 

336,600 

 

**863,190**

 

 

 

**Road & Rail 1.1%**

 
Burlington Northern Santa Fe Corp.  

 

23,638 

 

2,184,860 

CSX Corp.  

 

34,048 

 

1,858,000 

Norfolk Southern Corp.  

 

31,386 

 

2,078,067 

Ryder System, Inc.  

 

4,852 

 

300,824 

Union Pacific Corp.  

 

42,662 

 

3,035,828 

 

**9,457,579**

**Trading Companies & Distributors 0.1%**

 
Fastenal Co.  

 

10,900 

 

538,351 

W.W. Grainger, Inc.  

 

5,409 

 

470,421 

 

**1,008,772**

**Information Technology 15.9%**

 
**Communications Equipment 2.6%**

 
Ciena Corp.* (a) 

 

7,565 

 

76,255 

Cisco Systems, Inc.*  

 

494,195 

 

11,149,039 

Corning, Inc.  

 

132,022 

 

2,064,824 

Harris Corp.  

 

10,300 

 

475,860 

JDS Uniphase Corp.* (a) 

 

18,978 

 

160,554 

Juniper Networks, Inc.*  

 

44,100 

 

929,187 

Motorola, Inc.  

 

189,480 

 

1,352,887 

QUALCOMM, Inc.  

 

136,120 

 

5,849,077 

Tellabs, Inc.*  

 

33,416 

 

135,669 

 

**22,193,352**

**Computers & Peripherals 4.4%**

 
Apple, Inc.* (a) 

 

74,062 

 

8,417,887 

Dell, Inc.*  

 

145,809 

 

2,402,932 

EMC Corp.*  

 

173,167 

 

2,071,077 

Hewlett-Packard Co.  

 

204,927 

 

9,475,825 

International Business Machines Corp. (a) 

 

113,302 

 

13,251,802 

Lexmark International, Inc. "A"*  

 

7,368 

 

239,976 

NetApp, Inc.*  

 

28,884 

 

526,555 

QLogic Corp.*  

 

11,018 

 

169,236 

SanDisk Corp.*  

 

18,800 

 

367,540 

Sun Microsystems, Inc.* (a) 

 

63,045 

 

479,144 

Teradata Corp.*  

 

14,951 

 

291,545 

 

**37,693,519**

**Electronic Equipment, Instruments & Components 0.4%**

 
Agilent Technologies, Inc.*  

 

30,297 

 

898,609 

Amphenol Corp. "A"  

 

14,800 

 

594,072 

Jabil Circuit, Inc.  

 

16,647 

 

158,812 

Molex, Inc.  

 

11,917 

 

267,537 

Tyco Electronics Ltd.  

 

40,188 

 

1,111,600 

 

**3,030,630**

**Internet Software & Services 1.5%**

 
Akamai Technologies, Inc.*  

 

14,200 

 

247,648 

eBay, Inc.* (a) 

 

91,368 

 

2,044,816 

Google, Inc. "A"* (a) 

 

20,053 

 

8,031,628 

VeriSign, Inc.*  

 

16,500 

 

430,320 

Yahoo!, Inc.*  

 

115,188 

 

1,992,752 

 

**12,747,164**

**IT Services 1.0%**

 
Affiliated Computer Services, Inc. "A"*  

 

8,073 

 

408,736 

Automatic Data Processing, Inc.  

 

42,508 

 

1,817,217 

 

 

 

Cognizant Technology Solutions Corp. "A"*  

 

24,300 

 

554,769 

Computer Sciences Corp.*  

 

12,644 

 

508,162 

Convergys Corp.*  

 

10,172 

 

150,342 

Fidelity National Information Services, Inc.  

 

14,400 

 

265,824 

Fiserv, Inc.*  

 

13,742 

 

650,272 

MasterCard, Inc. "A" (a) 

 

6,100 

 

1,081,713 

Paychex, Inc.  

 

26,811 

 

885,567 

Total System Services, Inc.  

 

15,461 

 

253,561 

Unisys Corp.*  

 

27,480 

 

75,570 

Western Union Co.  

 

61,112 

 

1,507,633 

 

**8,159,366**

**Office Electronics 0.1%**

 
Xerox Corp.  

 

76,188 

 

**878,447**

**Semiconductors & Semiconductor Equipment 2.2%**

 
Advanced Micro Devices, Inc.*  

 

50,960 

 

267,540 

Altera Corp.  

 

25,186 

 

520,847 

Analog Devices, Inc.  

 

24,335 

 

641,227 

Applied Materials, Inc.  

 

112,230 

 

1,698,040 

Broadcom Corp. "A"*  

 

37,621 

 

700,879 

Intel Corp. (a) 

 

470,345 

 

8,809,562 

KLA-Tencor Corp.  

 

14,345 

 

454,019 

Linear Technology Corp.  

 

18,514 

 

567,639 

LSI Corp.* (a) 

 

53,613 

 

287,366 

MEMC Electronic Materials, Inc.*  

 

19,100 

 

539,766 

Microchip Technology, Inc. (a) 

 

15,600 

 

459,108 

Micron Technology, Inc.* (a) 

 

64,520 

 

261,306 

National Semiconductor Corp.  

 

16,326 

 

280,970 

Novellus Systems, Inc.* (a) 

 

8,314 

 

163,287 

NVIDIA Corp.*  

 

46,621 

 

499,311 

Teradyne, Inc.*  

 

14,404 

 

112,495 

Texas Instruments, Inc.  

 

109,679 

 

2,358,099 

Xilinx, Inc.  

 

23,146 

 

542,774 

 

**19,164,235**

**Software 3.7%**

 
Adobe Systems, Inc.* (a) 

 

44,410 

 

1,752,863 

Autodesk, Inc.*  

 

18,848 

 

632,350 

BMC Software, Inc.*  

 

15,906 

 

455,389 

CA, Inc.  

 

32,859 

 

655,866 

Citrix Systems, Inc.*  

 

15,198 

 

383,901 

Compuware Corp.*  

 

21,346 

 

206,843 

Electronic Arts, Inc.*  

 

26,658 

 

986,079 

Intuit, Inc.*  

 

26,870 

 

849,361 

Microsoft Corp.  

 

656,871 

 

17,531,887 

Novell, Inc.*  

 

28,936 

 

148,731 

Oracle Corp.*  

 

327,878 

 

6,659,202 

Salesforce.com, Inc.*  

 

8,700 

 

421,080 

Symantec Corp.*  

 

70,152 

 

1,373,576 

 

**32,057,128**

**Materials 3.4%**

 
**Chemicals 2.0%**

 
Air Products & Chemicals, Inc.  

 

17,739 

 

1,214,944 

Ashland, Inc.  

 

4,808 

 

140,586 

CF Industries Holdings, Inc.  

 

4,700 

 

429,862 

Dow Chemical Co.  

 

77,361 

 

2,458,532 

 

 

 

E.I. du Pont de Nemours & Co.  

 

75,412 

 

3,039,104 

Eastman Chemical Co.  

 

6,430 

 

354,036 

Ecolab, Inc.  

 

14,666 

 

711,594 

Hercules, Inc.  

 

9,407 

 

186,164 

International Flavors & Fragrances, Inc.  

 

6,543 

 

258,187 

Monsanto Co.  

 

46,016 

 

4,554,664 

PPG Industries, Inc.  

 

13,750 

 

801,900 

Praxair, Inc.  

 

26,285 

 

1,885,686 

Rohm & Haas Co. (a) 

 

10,394 

 

727,580 

Sigma-Aldrich Corp.  

 

10,540 

 

552,507 

 

**17,315,346**

**Construction Materials 0.1%**

 
Vulcan Materials Co. (a) 

 

8,825 

 

**657,462**

**Containers & Packaging 0.1%**

 
Ball Corp.  

 

8,136 

 

321,291 

Bemis Co., Inc.  

 

7,872 

 

206,325 

Pactiv Corp.*  

 

11,019 

 

273,602 

Sealed Air Corp.  

 

13,796 

 

303,374 

 

**1,104,592**

**Metals & Mining 0.9%**

 
AK Steel Holding Corp.  

 

9,400 

 

243,648 

Alcoa, Inc.  

 

68,081 

 

1,537,269 

Allegheny Technologies, Inc.  

 

8,417 

 

248,723 

Freeport-McMoRan Copper & Gold, Inc. (a) 

 

32,099 

 

1,824,828 

Newmont Mining Corp. (a) 

 

38,132 

 

1,477,996 

Nucor Corp.  

 

26,330 

 

1,040,035 

Titanium Metals Corp. (a) 

 

7,100 

 

80,514 

United States Steel Corp.  

 

9,859 

 

765,157 

 

**7,218,170**

**Paper & Forest Products 0.3%**

 
International Paper Co. (a) 

 

35,772 

 

936,511 

MeadWestvaco Corp.  

 

14,559 

 

339,370 

Weyerhaeuser Co.  

 

17,698 

 

1,072,145 

 

**2,348,026**

**Telecommunication Services 3.0%**

 
**Diversified Telecommunication Services 2.7%**

 
AT&T, Inc.  

 

493,036 

 

13,765,565 

CenturyTel, Inc.  

 

8,919 

 

326,881 

Embarq Corp.  

 

11,898 

 

482,464 

Frontier Communications Corp. (a) 

 

27,190 

 

312,685 

Qwest Communications International, Inc. (a) 

 

124,240 

 

401,295 

Verizon Communications, Inc.  

 

238,229 

 

7,644,769 

Windstream Corp. (a) 

 

37,559 

 

410,896 

 

**23,344,555**

**Wireless Telecommunication Services 0.3%**

 
American Tower Corp. "A"*  

 

32,900 

 

1,183,413 

Sprint Nextel Corp.  

 

238,768 

 

1,456,485 

 

**2,639,898**

**Utilities 3.5%**

 
**Electric Utilities 2.1%**

 
Allegheny Energy, Inc.  

 

14,110 

 

518,825 

American Electric Power Co., Inc.  

 

33,616 

 

1,244,800 

 

 

 

Duke Energy Corp.  

 

105,783 

 

1,843,798 

Edison International  

 

27,367 

 

1,091,943 

Entergy Corp.  

 

16,056 

 

1,429,145 

Exelon Corp.  

 

55,042 

 

3,446,730 

FirstEnergy Corp.  

 

25,654 

 

1,718,561 

FPL Group, Inc.  

 

34,184 

 

1,719,455 

Pepco Holdings, Inc.  

 

16,900 

 

387,179 

Pinnacle West Capital Corp.  

 

7,608 

 

261,791 

PPL Corp.  

 

31,328 

 

1,159,763 

Progress Energy, Inc.  

 

21,831 

 

941,571 

Southern Co. (a) 

 

64,404 

 

2,427,387 

 

**18,190,948**

**Gas Utilities 0.1%**

 
Nicor, Inc. (a) 

 

3,784 

 

167,820 

Questar Corp.  

 

14,500 

 

593,340 

 

**761,160**

**Independent Power Producers & Energy Traders 0.1%**

 
AES Corp.*  

 

56,448 

 

659,877 

Constellation Energy Group, Inc.  

 

14,910 

 

362,313 

Dynegy, Inc. "A"*  

 

39,872 

 

142,742 

 

**1,164,932**

**Multi-Utilities 1.2%**

 
Ameren Corp.  

 

17,369 

 

677,912 

CenterPoint Energy, Inc.  

 

26,021 

 

379,126 

CMS Energy Corp.  

 

22,772 

 

283,967 

Consolidated Edison, Inc.  

 

22,822 

 

980,433 

Dominion Resources, Inc.  

 

48,458 

 

2,073,033 

DTE Energy Co.  

 

14,657 

 

588,039 

Integrys Energy Group, Inc.  

 

6,400 

 

319,616 

NiSource, Inc.  

 

23,508 

 

346,978 

PG&E Corp.  

 

30,049 

 

1,125,335 

Public Service Enterprise Group, Inc.  

 

42,750 

 

1,401,773 

Sempra Energy  

 

20,587 

 

1,039,026 

TECO Energy, Inc.  

 

17,800 

 

279,994 

Xcel Energy, Inc.  

 

34,057 

 

680,799 

 

**10,176,031**

**Total Common Stocks** (Cost $823,573,600)

 

**852,020,299**

 

**Principal****Amount ($)**

 

**Value ($)**

 

**Government & Agency Obligation 0.1%**

 
US Treasury Bill, 2.173% **, 12/4/2008 (b)  (Cost $876,641)

 

880,000 

 

**878,882**

 

**Shares**

 

**Value ($)**

 

**Securities Lending Collateral 9.6%**

 
Daily Assets Fund Institutional, 2.79% (c) (d)(Cost $81,920,615)

 

 

81,920,615

 

**81,920,615**

 

**Cash Equivalents 0.5%**

 
Cash Management QP Trust, 2.38% (c)(Cost $4,437,878)

 

 

4,437,878

 

**4,437,878**

 

 

 

 

**% of****Net Assets**

 

**Value ($)**

**Total Investment Portfolio** (Cost $910,808,734) †

109.8

 

**939,257,674**

**Other Assets and Liabilities, Net**

(9.8)

 

**(83,482,438)**

**Net Assets**

100.0

 

**855,775,236**

*For information on the Fund's policies regarding the valuation of investments and other significant accounting policies, please refer to the Fund's most recent semi-annual or annual financial statements.*

***

*Non-income producing security.*

****

*Annualized yield at time of purchase; not a coupon rate.*

*†*

*The cost for federal income tax purposes was $931,078,567.  At September 30, 2008, net unrealized appreciation for all securities based on tax cost was $8,179,107.  This consisted of aggregate gross unrealized appreciation for all securities in which there was an excess of value over tax cost of $167,438,472 and aggregate gross unrealized depreciation for all securities in which there was an excess of tax cost over value of $159,259,365.*

*(a)*

*All or a portion of these securities were on loan amounting to $85,373,611.  In addition, included in other assets and liabilities, net is a pending sale, amounting to $3,332 that is also on loan.  The value of all securities loaned at September 30, 2008 amounted to $85,376,943 which is 10.0% of net assets.*

*(b)*

*At September 30, 2008, this security has been pledged, in whole or in part, to cover initial margin requirements for open futures contracts.*

*(c)*

*Affiliated fund managed by Deutsche Investment Management Americas Inc.  The rate shown is the annualized seven-day yield at period end.*

*(d)*

*Represents collateral held in connection with securities lending.  Income earned by the Fund is net of borrower rebates.*

*REIT: Real Estate Investment Trust*

*At September 30, 2008, open futures contracts purchased were as follows:*

**Futures**

 

**Expiration****Date**

 

**Contracts**

 

**Aggregated****Face****Value ($)**

 

**Value ($)**

 

**Unrealized****Depreciation ($)**

 

S&P 500 Index 

 

12/18/2008 

 

21 

 

6,538,914 

 

6,137,250 

 

**(401,664)**

 
 

***Fair Value Measurements***

 

*The following is a summary of the inputs used as of September 30, 2008 in valuing the Fund's investments. Please see below for information on the Fund’s policy regarding valuation inputs, and their aggregate levels used in the table below:*

 

**Valuation Inputs**

**Investments in  Securities**

**Other Financial Instruments***††*

Level 1 

$              938,378,792   

$                (401,664)   

Level 2 

878,882   

-   

Level 3 

-   

-   

**Total**

**$              939,257,674**

**$                (401,664)**

 

*†† Other financial instruments are derivative instruments not reflected in the Investment Portfolio, such as future contracts, which are valued at the unrealized appreciation (depreciation) on the instrument.*

 

*The Fund adopted Financial Accounting Standards Board Statement of Financial Accounting Standards No. 157, Fair Value Measurements ("FAS* *157"), effective at the beginning of the Fund’s fiscal year. FAS* *157 establishes a three-tier hierarchy to maximize the use of observable market data and minimize the use of unobservable inputs and requires additional disclosure about the classification of fair value measurements.*

*Various inputs are used in determining the value of the Fund's investments. These inputs are summarized in three broad levels.  Level 1 includes quoted prices in active markets for identical securities.  Level 2 includes other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).  Level 3 includes significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments).  The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.*

 

 

 

**ITEM 2.**

**CONTROLS AND PROCEDURES**

 

 

 

(a)          The Chief Executive and Financial Officers concluded that the Registrant’s Disclosure Controls and Procedures are effective based on the evaluation of the Disclosure Controls and Procedures as of a date within 90 days of the filing date of this report.

 

 

 

(b)          There have been no changes in the registrant’s internal control over financial reporting that occurred during the registrant’s last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal controls over financial reporting.

 

 

**ITEM 3.**

**EXHIBITS**

 

 

 

Certification pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2(a)) is filed and attached hereto as Exhibit 99.CERT.

 

 

**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.

 

DWS Global Commodities Stock Fund, Inc.

Daily Assets Fund Institutional, a series of DWS Institutional Funds

DWS Commodity Securities Fund, a series of DWS Institutional Funds

The European Equity Fund, Inc.

The New Germany Fund, Inc.

Cash Management Portfolio

Prime Series, a series of Cash Reserve Fund, Inc.

DWS RREEF Global Real Estate Securities Fund, a series of DWS Advisor Funds

DWS RREEF Real Estate Securities Fund, a series of DWS Advisor Funds

NY Tax Free Money Fund, a series of DWS Advisor Funds

Tax Free Money Fund Investment, a series of DWS Advisor Funds

DWS Communications Fund, Inc.

DWS Equity 500 Index Portfolio

DWS RREEF Global Infrastructure Fund, a series of DWS Global/International Fund, Inc.

Cash Management Fund Institutional, a series of DWS Institutional Funds

Cash Reserves Fund Institutional, a series of DWS Institutional Funds

DWS EAFE Equity Index Fund, a series of DWS Institutional Funds

DWS Equity 500 Index Fund, a series of DWS Institutional Funds

DWS U.S. Bond Index Fund, a series of DWS Institutional Funds

DWS S&P 500 Index Fund, a series of DWS Investment Trust

DWS Equity 500 Index VIP, a series of DWS Investments VIT Funds

DWS Small Cap Index VIP, a series of DWS Investments VIT Funds

DWS Money Market Series, a series of DWS Money Market Trust

DWS RREEF Real Estate Fund II, Inc.

DWS RREEF Real Estate Fund, Inc.

DWS RREEF World Real Estate & Tactical Strategies Fund, Inc.

DWS Variable Series I

DWS Variable Series II

 

By:

/s/Michael G. Clark

 

Michael G. Clark

President

 

Date:

November 14, 2008

 

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/Michael G. Clark

 

Michael G. Clark

President

 

Date:

November 14, 2008

 

By:

/s/Paul Schubert

 

Paul Schubert

Chief Financial Officer and Treasurer

 

Date:

November 14, 2008

  |