```

                                                             OMB APPROVAL
                                                     OMB Number:       3235-0578
                                                     Expires:  January 31, 2016
                                                     Estimated average burden
                                                     hours per response.....
                                                     10.5

                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM N-Q

                   QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS
    OF REGISTERED MANAGEMENT INVESTMENT COMPANY

  Investment Company Act file number 811-21460

                         Pioneer Pioneer Series Trust II
               (Exact name of registrant as specified in charter)

                       60 State Street, Boston, MA 02109
              (Address of principal executive offices) (ZIP code)

            Terrence J. Cullen, Pioneer Investment Management, Inc.,
                       60 State Street, Boston, MA 02109
                    (Name and address of agent for service)

Registrant's telephone number, including area code:  (617) 742-7825

Date of fiscal year end:  November 30

Date of reporting period:  February 28, 2014

Form N-Q is to be used by management investment companies, other than small
business investment companies registered on Form N-5 (239.24 and 274.5 of this
chapter), to file reports with the Commission, not later than 60 days after
close of the first and third fiscal quarters, pursuant to Rule 30b1-5 under
the Investment Company Act of 1940 (17 CFR 270.30b1-5).  The Commission may
use the information provided on Form N-Q in its regulatory, disclosure review,
inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-Q,
and the Commission will make this information public. A registrant is not
required to respond to the collection of information contained in Form N-Q
unless the Form displays a currently valid Office of Management and Budget
("OMB") control number. Please direct comments concerning the accuracy of the
information collection burden estimate and any suggestions for reducing the
burden to Secretary, Securities and Exchange Commission, 450 Fifth Street, NW,
Washington, DC 20549-0609.  The OMB has reviewed this collection of information
under the clearance requirements of 44 U.S.C. ss. 3507.

<PAGE>
ITEM 1. Schedule of Investments.

File the schedules as of the close of the reporting period as set forth in
ss. 210.12-12  12-14 of Regulation S-X [17 CFR 210.12-12  12-14]. The
schedules need not be audited.
```

```

```

|                                                                                                                                                       |                 |                              |   | Pioneer Select Mid Cap Growth Fund                                                                                                                                                                                                                                                                                                    |   |          |
|------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------|-----------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------|
|                                                                                                                                                       |                 |                              |   | Schedule of Investments 2/28/14                                                                                                                                                                                                                                                                                                       |   |          |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  |   |          |
|                                                                                                                                                       | Shares               |                              |   |                                                                                                                                                                                                                                                                                                                                  |   | Value         |
|                                                                                                                                                       |                 |                              |   | COMMON STOCKS - 99.6%                                                                                                                                                                                                                                                                                                                 |   |          |
|                                                                                                                                                       |                 |                              |   | Energy - 7.6%                                                                                                                                                                                                                                                                                                                         |   |          |
|                                                                                                                                                       |                 |                              |   | Oil & Gas Equipment & Services - 0.4%                                                                                                                                                                                                                                                                                         |   |          |
|                                                                                                                                                       | 218,193              |                              |   | Basic Energy Services, Inc. *                                                                                                                                                                                                                                                                                                         | $      | 5,203,903     |
|                                                                                                                                                       |                 |                              |   | Oil & Gas Exploration & Production - 5.4%                                                                                                                                                                                                                                                                                     |   |          |
|                                                                                                                                                       | 669,407              |                              |   | Cabot Oil & Gas Corp.                                                                                                                                                                                                                                                                                                             | $      | 23,429,245    |
|                                                                                                                                                       | 51,008               |                              |   | Cimarex Energy Co.                                                                                                                                                                                                                                                                                                                    |   | 5,902,136     |
|                                                                                                                                                       | 24,647               |                              |   | EQT Corp.                                                                                                                                                                                                                                                                                                                             |   | 2,521,142     |
|                                                                                                                                                       | 278,367              |                              |   | Goodrich Petroleum Corp. *                                                                                                                                                                                                                                                                                                            |   | 3,791,359     |
|                                                                                                                                                       | 217,030              |                              |   | Gulfport Energy Corp. *                                                                                                                                                                                                                                                                                                               |   | 14,345,683    |
|                                                                                                                                                       | 111,730              |                              |   | Laredo Petroleum, Inc. *                                                                                                                                                                                                                                                                                                              |   | 2,915,036     |
|                                                                                                                                                       | 582,110              |                              |   | Penn Virginia Corp. *                                                                                                                                                                                                                                                                                                                 |   | 8,818,966     |
|                                                                                                                                                       | 195,419              |                              |   | Rice Energy, Inc.                                                                                                                                                                                                                                                                                                                     |   | 4,690,056     |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 66,413,623    |
|                                                                                                                                                       |                 |                              |   | Oil & Gas Refining & Marketing - 1.3%                                                                                                                                                                                                                                                                                         |   |          |
|                                                                                                                                                       | 142,620              |                              |   | Delek US Holdings, Inc.                                                                                                                                                                                                                                                                                                               | $      | 3,959,131     |
|                                                                                                                                                       | 135,575              |                              |   | Marathon Petroleum Corp. *                                                                                                                                                                                                                                                                                                            |   | 11,388,300    |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 15,347,431    |
|                                                                                                                                                       |                 |                              |   | Oil & Gas Storage & Transportation - 0.5%                                                                                                                                                                                                                                                                                     |   |          |
|                                                                                                                                                       | 87,042               |                              |   | SemGroup Corp.                                                                                                                                                                                                                                                                                                                        | $      | 5,859,667     |
|                                                                                                                                                       |                 |                              |   | Total Energy                                                                                                                                                                                                                                                                                                                          | $      | 92,824,624    |
|                                                                                                                                                       |                 |                              |   | Materials - 5.9%                                                                                                                                                                                                                                                                                                                      |   |          |
|                                                                                                                                                       |                 |                              |   | Commodity Chemicals - 1.2%                                                                                                                                                                                                                                                                                                            |   |          |
|                                                                                                                                                       | 99,593               |                              |   | Methanex Corp.                                                                                                                                                                                                                                                                                                                        | $      | 7,004,376     |
|                                                                                                                                                       | 58,763               |                              |   | Westlake Chemical Corp.                                                                                                                                                                                                                                                                                                               |   | 7,834,871     |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 14,839,247    |
|                                                                                                                                                       |                 |                              |   | Industrial Gases - 0.3%                                                                                                                                                                                                                                                                                                               |   |          |
|                                                                                                                                                       | 36,814               |                              |   | Airgas, Inc.                                                                                                                                                                                                                                                                                                                          | $      | 3,968,549     |
|                                                                                                                                                       |                 |                              |   | Specialty Chemicals - 1.6%                                                                                                                                                                                                                                                                                                            |   |          |
|                                                                                                                                                       | 305,228              |                              |   | Flotek Industries, Inc. *                                                                                                                                                                                                                                                                                                             | $      | 7,768,053     |
|                                                                                                                                                       | 109,786              |                              |   | WR Grace & Co. *                                                                                                                                                                                                                                                                                                                  |   | 11,125,713    |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 18,893,766    |
|                                                                                                                                                       |                 |                              |   | Construction Materials - 1.0%                                                                                                                                                                                                                                                                                                         |   |          |
|                                                                                                                                                       | 105,091              |                              |   | Eagle Materials, Inc.                                                                                                                                                                                                                                                                                                                 | $      | 9,290,044     |
|                                                                                                                                                       | 27,162               |                              |   | Martin Marietta Materials, Inc.                                                                                                                                                                                                                                                                                                       |   | 3,313,221     |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 12,603,265    |
|                                                                                                                                                       |                 |                              |   | Paper Packaging - 0.6%                                                                                                                                                                                                                                                                                                                |   |          |
|                                                                                                                                                       | 63,472               |                              |   | Rock-Tenn Co.                                                                                                                                                                                                                                                                                                                         | $      | 7,084,745     |
|                                                                                                                                                       |                 |                              |   | Paper Products - 1.2%                                                                                                                                                                                                                                                                                                                 |   |          |
|                                                                                                                                                       | 72,009               |                              |   | Domtar Corp.                                                                                                                                                                                                                                                                                                                          | $      | 7,977,157     |
|                                                                                                                                                       | 211,047              |                              |   | KapStone Paper and Packaging Corp.                                                                                                                                                                                                                                                                                                    |   | 6,709,184     |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 14,686,341    |
|                                                                                                                                                       |                 |                              |   | Total Materials                                                                                                                                                                                                                                                                                                                       | $      | 72,075,913    |
|                                                                                                                                                       |                 |                              |   | Capital Goods - 5.6%                                                                                                                                                                                                                                                                                                                  |   |          |
|                                                                                                                                                       |                 |                              |   | Aerospace & Defense - 0.5%                                                                                                                                                                                                                                                                                                        |   |          |
|                                                                                                                                                       | 65,836               |                              |   | B/E Aerospace, Inc. *                                                                                                                                                                                                                                                                                                                 | $      | 5,546,683     |
|                                                                                                                                                       |                 |                              |   | Building Products - 0.3%                                                                                                                                                                                                                                                                                                              |   |          |
|                                                                                                                                                       | 88,181               |                              |   | Fortune Brands Home & Security, Inc.                                                                                                                                                                                                                                                                                              | $      | 4,121,580     |
|                                                                                                                                                       |                 |                              |   | Construction & Engineering - 1.0%                                                                                                                                                                                                                                                                                                 |   |          |
|                                                                                                                                                       | 45,104               |                              |   | Chicago Bridge & Iron Co. NV                                                                                                                                                                                                                                                                                                      | $      | 3,797,306     |
|                                                                                                                                                       | 293,186              |                              |   | Furmanite Corp. *                                                                                                                                                                                                                                                                                                                     |   | 3,471,322     |
|                                                                                                                                                       | 122,128              |                              |   | Quanta Services, Inc. *                                                                                                                                                                                                                                                                                                               |   | 4,300,127     |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 11,568,755    |
|                                                                                                                                                       |                 |                              |   | Electrical Components & Equipment - 0.4%                                                                                                                                                                                                                                                                                          |   |          |
|                                                                                                                                                       | 38,019               |                              |   | Roper Industries, Inc.                                                                                                                                                                                                                                                                                                                | $      | 5,156,137     |
|                                                                                                                                                       |                 |                              |   | Construction & Farm Machinery & Heavy Trucks - 1.2%                                                                                                                                                                                                                                                                           |   |          |
|                                                                                                                                                       | 149,834              |                              |   | Terex Corp. *                                                                                                                                                                                                                                                                                                                         | $      | 6,672,108     |
|                                                                                                                                                       | 272,476              |                              |   | The Manitowoc Co., Inc.                                                                                                                                                                                                                                                                                                               |   | 8,430,407     |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 15,102,515    |
|                                                                                                                                                       |                 |                              |   | Industrial Machinery - 1.7%                                                                                                                                                                                                                                                                                                           |   |          |
|                                                                                                                                                       | 54,506               |                              |   | Chart Industries, Inc. *                                                                                                                                                                                                                                                                                                              | $      | 4,554,521     |
|                                                                                                                                                       | 132,499              |                              |   | Ingersoll-Rand Plc                                                                                                                                                                                                                                                                                                                    |   | 8,100,989     |
|                                                                                                                                                       | 105,042              |                              |   | Lincoln Electric Holdings, Inc.                                                                                                                                                                                                                                                                                                       |   | 7,874,999     |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 20,530,509    |
|                                                                                                                                                       |                 |                              |   | Trading Companies & Distributors - 0.5%                                                                                                                                                                                                                                                                                           |   |          |
|                                                                                                                                                       | 22,311               |                              |   | WW Grainger, Inc.                                                                                                                                                                                                                                                                                                                     | $      | 5,689,751     |
|                                                                                                                                                       |                 |                              |   | Total Capital Goods                                                                                                                                                                                                                                                                                                                   | $      | 67,715,930    |
|                                                                                                                                                       |                 |                              |   | Commercial Services & Supplies - 4.9%                                                                                                                                                                                                                                                                                             |   |          |
|                                                                                                                                                       |                 |                              |   | Environmental & Facilities Services - 0.5%                                                                                                                                                                                                                                                                                        |   |          |
|                                                                                                                                                       | 51,112               |                              |   | Stericycle, Inc. *                                                                                                                                                                                                                                                                                                                    | $      | 5,826,768     |
|                                                                                                                                                       |                 |                              |   | Diversified Support Services - 1.6%                                                                                                                                                                                                                                                                                                   |   |          |
|                                                                                                                                                       | 113,727              |                              |   | Healthcare Services Group, Inc.                                                                                                                                                                                                                                                                                                       | $      | 3,062,668     |
|                                                                                                                                                       | 133,287              |                              |   | Mobile Mini, Inc. *                                                                                                                                                                                                                                                                                                                   |   | 5,999,248     |
|                                                                                                                                                       | 111,578              |                              |   | United Rentals, Inc. *                                                                                                                                                                                                                                                                                                                |   | 9,856,801     |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 18,918,717    |
|                                                                                                                                                       |                 |                              |   | Human Resource & Employment Services - 1.9%                                                                                                                                                                                                                                                                                       |   |          |
|                                                                                                                                                       | 136,892              |                              |   | Towers Watson & Co.                                                                                                                                                                                                                                                                                                               | $      | 14,934,917    |
|                                                                                                                                                       | 138,935              |                              |   | WageWorks, Inc. *                                                                                                                                                                                                                                                                                                                     |   | 8,218,005     |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 23,152,922    |
|                                                                                                                                                       |                 |                              |   | Research & Consulting Services - 0.9%                                                                                                                                                                                                                                                                                             |   |          |
|                                                                                                                                                       | 144,633              |                              |   | Mistras Group, Inc. *                                                                                                                                                                                                                                                                                                                 | $      | 3,187,711     |
|                                                                                                                                                       | 69,393               |                              |   | The Advisory Board Co. *                                                                                                                                                                                                                                                                                                              |   | 4,446,703     |
|                                                                                                                                                       | 59,667               |                              |   | Verisk Analytics, Inc. *                                                                                                                                                                                                                                                                                                              |   | 3,801,683     |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 11,436,097    |
|                                                                                                                                                       |                 |                              |   | Total Commercial Services & Supplies                                                                                                                                                                                                                                                                                              | $      | 59,334,504    |
|                                                                                                                                                       |                 |                              |   | Transportation - 5.4%                                                                                                                                                                                                                                                                                                                 |   |          |
|                                                                                                                                                       |                 |                              |   | Airlines - 4.0%                                                                                                                                                                                                                                                                                                                       |   |          |
|                                                                                                                                                       | 519,959              |                              |   | American Airlines Group, Inc.                                                                                                                                                                                                                                                                                                         | $      | 19,202,086    |
|                                                                                                                                                       | 65,719               |                              |   | Copa Holdings SA                                                                                                                                                                                                                                                                                                                      |   | 8,902,296     |
|                                                                                                                                                       | 376,807              |                              |   | Delta Air Lines, Inc.                                                                                                                                                                                                                                                                                                                 |   | 12,513,760    |
|                                                                                                                                                       | 166,369              |                              |   | United Continental Holdings, Inc. *                                                                                                                                                                                                                                                                                                   |   | 7,479,950     |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 48,098,092    |
|                                                                                                                                                       |                 |                              |   | Marine - 1.0%                                                                                                                                                                                                                                                                                                                         |   |          |
|                                                                                                                                                       | 789,838              |                              |   | Diana Shipping, Inc. *                                                                                                                                                                                                                                                                                                                | $      | 10,283,691    |
|                                                                                                                                                       | 238,363              |                              |   | Safe Bulkers, Inc.                                                                                                                                                                                                                                                                                                                    |   | 2,440,837     |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 12,724,528    |
|                                                                                                                                                       |                 |                              |   | Railroads - 0.4%                                                                                                                                                                                                                                                                                                                      |   |          |
|                                                                                                                                                       | 48,589               |                              |   | Kansas City Southern                                                                                                                                                                                                                                                                                                                  | $      | 4,563,479     |
|                                                                                                                                                       |                 |                              |   | Total Transportation                                                                                                                                                                                                                                                                                                                  | $      | 65,386,099    |
|                                                                                                                                                       |                 |                              |   | Automobiles & Components - 2.4%                                                                                                                                                                                                                                                                                                   |   |          |
|                                                                                                                                                       |                 |                              |   | Auto Parts & Equipment - 1.6%                                                                                                                                                                                                                                                                                                     |   |          |
|                                                                                                                                                       | 237,367              |                              |   | Lear Corp.                                                                                                                                                                                                                                                                                                                            | $      | 19,274,200    |
|                                                                                                                                                       |                 |                              |   | Automobile Manufacturers - 0.1%                                                                                                                                                                                                                                                                                                       |   |          |
|                                                                                                                                                       | 4,851                |                              |   | Tesla Motors, Inc. *                                                                                                                                                                                                                                                                                                                  | $      | 1,187,573     |
|                                                                                                                                                       |                 |                              |   | Motorcycle Manufacturers - 0.7%                                                                                                                                                                                                                                                                                                       |   |          |
|                                                                                                                                                       | 136,316              |                              |   | Harley-Davidson, Inc.                                                                                                                                                                                                                                                                                                                 | $      | 9,005,035     |
|                                                                                                                                                       |                 |                              |   | Total Automobiles & Components                                                                                                                                                                                                                                                                                                    | $      | 29,466,808    |
|                                                                                                                                                       |                 |                              |   | Consumer Durables & Apparel - 4.7%                                                                                                                                                                                                                                                                                                |   |          |
|                                                                                                                                                       |                 |                              |   | Home Furnishings - 0.6%                                                                                                                                                                                                                                                                                                               |   |          |
|                                                                                                                                                       | 52,429               |                              |   | Mohawk Industries, Inc. *                                                                                                                                                                                                                                                                                                             | $      | 7,420,276     |
|                                                                                                                                                       |                 |                              |   | Homebuilding - 0.4%                                                                                                                                                                                                                                                                                                                   |   |          |
|                                                                                                                                                       | 114,352              |                              |   | Lennar Corp.                                                                                                                                                                                                                                                                                                                          | $      | 5,017,766     |
|                                                                                                                                                       |                 |                              |   | Household Appliances - 0.4%                                                                                                                                                                                                                                                                                                           |   |          |
|                                                                                                                                                       | 35,729               |                              |   | Whirlpool Corp.                                                                                                                                                                                                                                                                                                                       | $      | 5,167,485     |
|                                                                                                                                                       |                 |                              |   | Apparel, Accessories & Luxury Goods - 3.3%                                                                                                                                                                                                                                                                                        |   |          |
|                                                                                                                                                       | 53,636               |                              |   | Carter's, Inc.                                                                                                                                                                                                                                                                                                                        | $      | 4,040,400     |
|                                                                                                                                                       | 110,905              |                              |   | G-III Apparel Group, Ltd. *                                                                                                                                                                                                                                                                                                           |   | 7,706,788     |
|                                                                                                                                                       | 159,700              |                              |   | Hanesbrands, Inc.                                                                                                                                                                                                                                                                                                                     |   | 11,702,816    |
|                                                                                                                                                       | 161,853              |                              |   | Kate Spade & Co.                                                                                                                                                                                                                                                                                                                  |   | 5,538,610     |
|                                                                                                                                                       | 65,261               |                              |   | Michael Kors Holdings, Ltd. *                                                                                                                                                                                                                                                                                                         |   | 6,397,536     |
|                                                                                                                                                       | 33,843               |                              |   | PVH Corp.                                                                                                                                                                                                                                                                                                                             |   | 4,278,770     |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 39,664,920    |
|                                                                                                                                                       |                 |                              |   | Total Consumer Durables & Apparel                                                                                                                                                                                                                                                                                                 | $      | 57,270,447    |
|                                                                                                                                                       |                 |                              |   | Consumer Services - 4.9%                                                                                                                                                                                                                                                                                                              |   |          |
|                                                                                                                                                       |                 |                              |   | Casinos & Gaming - 1.8%                                                                                                                                                                                                                                                                                                           |   |          |
|                                                                                                                                                       | 155,482              |                              |   | Las Vegas Sands Corp.                                                                                                                                                                                                                                                                                                                 | $      | 13,254,840    |
|                                                                                                                                                       | 190,606              |                              |   | Melco Crown Entertainment, Ltd. (A.D.R.) *                                                                                                                                                                                                                                                                                            |   | 8,180,810     |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 21,435,650    |
|                                                                                                                                                       |                 |                              |   | Hotels, Resorts & Cruise Lines - 0.8%                                                                                                                                                                                                                                                                                             |   |          |
|                                                                                                                                                       | 300,926              |                              |   | Norwegian Cruise Line Holdings, Ltd. *                                                                                                                                                                                                                                                                                                | $      | 10,312,734    |
|                                                                                                                                                       |                 |                              |   | Restaurants - 1.1%                                                                                                                                                                                                                                                                                                                    |   |          |
|                                                                                                                                                       | 17,189               |                              |   | Chipotle Mexican Grill, Inc. *                                                                                                                                                                                                                                                                                                        | $      | 9,715,395     |
|                                                                                                                                                       | 71,266               |                              |   | Dunkin' Brands Group, Inc. *                                                                                                                                                                                                                                                                                                          |   | 3,682,314     |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 13,397,709    |
|                                                                                                                                                       |                 |                              |   | Specialized Consumer Services - 1.2%                                                                                                                                                                                                                                                                                                  |   |          |
|                                                                                                                                                       | 302,512              |                              |   | H&R Block, Inc.                                                                                                                                                                                                                                                                                                                   | $      | 9,571,480     |
|                                                                                                                                                       | 249,924              |                              |   | LifeLock, Inc. *                                                                                                                                                                                                                                                                                                                      |   | 4,975,987     |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 14,547,467    |
|                                                                                                                                                       |                 |                              |   | Total Consumer Services                                                                                                                                                                                                                                                                                                               | $      | 59,693,560    |
|                                                                                                                                                       |                 |                              |   | Media - 1.4%                                                                                                                                                                                                                                                                                                                          |   |          |
|                                                                                                                                                       |                 |                              |   | Broadcasting - 0.6%                                                                                                                                                                                                                                                                                                                   |   |          |
|                                                                                                                                                       | 90,340               |                              |   | Discovery Communications, Inc. *                                                                                                                                                                                                                                                                                                      | $      | 7,527,129     |
|                                                                                                                                                       |                 |                              |   | Cable & Satellite - 0.8%                                                                                                                                                                                                                                                                                                          |   |          |
|                                                                                                                                                       | 103,391              |                              |   | Liberty Global Plc *                                                                                                                                                                                                                                                                                                                  | $      | 8,948,491     |
|                                                                                                                                                       |                 |                              |   | Total Media                                                                                                                                                                                                                                                                                                                           | $      | 16,475,620    |
|                                                                                                                                                       |                 |                              |   | Retailing - 8.8%                                                                                                                                                                                                                                                                                                                      |   |          |
|                                                                                                                                                       |                 |                              |   | Distributors - 0.4%                                                                                                                                                                                                                                                                                                                   |   |          |
|                                                                                                                                                       | 187,715              |                              |   | LKQ Corp. *                                                                                                                                                                                                                                                                                                                           | $      | 5,235,371     |
|                                                                                                                                                       |                 |                              |   | Internet Retail - 2.4%                                                                                                                                                                                                                                                                                                                |   |          |
|                                                                                                                                                       | 246,442              |                              |   | HomeAway, Inc. *                                                                                                                                                                                                                                                                                                                      | $      | 11,304,295    |
|                                                                                                                                                       | 15,839               |                              |   | Netflix, Inc. *                                                                                                                                                                                                                                                                                                                       |   | 7,058,334     |
|                                                                                                                                                       | 8,470                |                              |   | priceline.com, Inc. *                                                                                                                                                                                                                                                                                                                 |   | 11,424,675    |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 29,787,304    |
|                                                                                                                                                       |                 |                              |   | General Merchandise Stores - 1.4%                                                                                                                                                                                                                                                                                                     |   |          |
|                                                                                                                                                       | 97,527               |                              |   | Dollar General Corp. *                                                                                                                                                                                                                                                                                                                | $      | 5,841,867     |
|                                                                                                                                                       | 199,551              |                              |   | Dollar Tree, Inc. *                                                                                                                                                                                                                                                                                                                   |   | 10,929,408    |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 16,771,275    |
|                                                                                                                                                       |                 |                              |   | Apparel Retail - 1.5%                                                                                                                                                                                                                                                                                                                 |   |          |
|                                                                                                                                                       | 136,664              |                              |   | Ross Stores, Inc.                                                                                                                                                                                                                                                                                                                     | $      | 9,949,139     |
|                                                                                                                                                       | 134,367              |                              |   | The TJX Companies, Inc.                                                                                                                                                                                                                                                                                                               |   | 8,258,196     |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 18,207,335    |
|                                                                                                                                                       |                 |                              |   | Home Improvement Retail - 0.7%                                                                                                                                                                                                                                                                                                        |   |          |
|                                                                                                                                                       | 163,657              |                              |   | Lowe's Companies, Inc.                                                                                                                                                                                                                                                                                                                | $      | 8,187,760     |
|                                                                                                                                                       |                 |                              |   | Specialty Stores - 1.3%                                                                                                                                                                                                                                                                                                               |   |          |
|                                                                                                                                                       | 101,663              |                              |   | Dick's Sporting Goods, Inc. *                                                                                                                                                                                                                                                                                                         | $      | 5,456,253     |
|                                                                                                                                                       | 147,358              |                              |   | Tractor Supply Co. *                                                                                                                                                                                                                                                                                                                  |   | 10,397,580    |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 15,853,833    |
|                                                                                                                                                       |                 |                              |   | Automotive Retail - 1.1%                                                                                                                                                                                                                                                                                                              |   |          |
|                                                                                                                                                       | 7,894                |                              |   | AutoZone, Inc. *                                                                                                                                                                                                                                                                                                                      | $      | 4,250,445     |
|                                                                                                                                                       | 193,492              |                              |   | CarMax, Inc. *                                                                                                                                                                                                                                                                                                                        |   | 9,370,818     |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 13,621,263    |
|                                                                                                                                                       |                 |                              |   | Total Retailing                                                                                                                                                                                                                                                                                                                       | $      | 107,664,141   |
|                                                                                                                                                       |                 |                              |   | Food & Staples Retailing - 0.9%                                                                                                                                                                                                                                                                                                   |   |          |
|                                                                                                                                                       |                 |                              |   | Food Retail - 0.9%                                                                                                                                                                                                                                                                                                                    |   |          |
|                                                                                                                                                       | 84,443               |                              |   | Natural Grocers by Vitamin Cottage, Inc. *                                                                                                                                                                                                                                                                                            | $      | 3,440,208     |
|                                                                                                                                                       | 133,348              |                              |   | Whole Foods Market, Inc.                                                                                                                                                                                                                                                                                                              |   | 7,207,459     |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 10,647,667    |
|                                                                                                                                                       |                 |                              |   | Total Food & Staples Retailing                                                                                                                                                                                                                                                                                                    | $      | 10,647,667    |
|                                                                                                                                                       |                 |                              |   | Food, Beverage & Tobacco - 3.4%                                                                                                                                                                                                                                                                                                   |   |          |
|                                                                                                                                                       |                 |                              |   | Distillers & Vintners - 0.8%                                                                                                                                                                                                                                                                                                      |   |          |
|                                                                                                                                                       | 120,849              |                              |   | Constellation Brands, Inc. *                                                                                                                                                                                                                                                                                                          | $      | 9,792,394     |
|                                                                                                                                                       |                 |                              |   | Soft Drinks - 0.9%                                                                                                                                                                                                                                                                                                                    |   |          |
|                                                                                                                                                       | 152,115              |                              |   | Monster Beverage Corp. *                                                                                                                                                                                                                                                                                                              | $      | 11,256,510    |
|                                                                                                                                                       |                 |                              |   | Packaged Foods & Meats - 1.7%                                                                                                                                                                                                                                                                                                     |   |          |
|                                                                                                                                                       | 181,853              |                              |   | Green Mountain Coffee Roasters, Inc. *                                                                                                                                                                                                                                                                                                | $      | 19,963,822    |
|                                                                                                                                                       |                 |                              |   | Total Food, Beverage & Tobacco                                                                                                                                                                                                                                                                                                    | $      | 41,012,726    |
|                                                                                                                                                       |                 |                              |   | Household & Personal Products - 0.3%                                                                                                                                                                                                                                                                                              |   |          |
|                                                                                                                                                       |                 |                              |   | Personal Products - 0.3%                                                                                                                                                                                                                                                                                                              |   |          |
|                                                                                                                                                       | 43,479               |                              |   | Nu Skin Enterprises, Inc.                                                                                                                                                                                                                                                                                                             | $      | 3,631,366     |
|                                                                                                                                                       |                 |                              |   | Total Household & Personal Products                                                                                                                                                                                                                                                                                               | $      | 3,631,366     |
|                                                                                                                                                       |                 |                              |   | Health Care Equipment & Services - 5.4%                                                                                                                                                                                                                                                                                           |   |          |
|                                                                                                                                                       |                 |                              |   | Health Care Equipment - 1.8%                                                                                                                                                                                                                                                                                                          |   |          |
|                                                                                                                                                       | 210,892              |                              |   | Edwards Lifesciences Corp. *                                                                                                                                                                                                                                                                                                          | $      | 14,711,826    |
|                                                                                                                                                       | 310,692              |                              |   | Masimo Corp.                                                                                                                                                                                                                                                                                                                          |   | 7,938,181     |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 22,650,007    |
|                                                                                                                                                       |                 |                              |   | Health Care Supplies - 1.2%                                                                                                                                                                                                                                                                                                           |   |          |
|                                                                                                                                                       | 169,057              |                              |   | Align Technology, Inc. *                                                                                                                                                                                                                                                                                                              | $      | 8,846,753     |
|                                                                                                                                                       | 401,419              |                              |   | Endologix, Inc. *                                                                                                                                                                                                                                                                                                                     |   | 5,419,156     |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 14,265,909    |
|                                                                                                                                                       |                 |                              |   | Health Care Services - 1.3%                                                                                                                                                                                                                                                                                                           |   |          |
|                                                                                                                                                       | 351,655              |                              |   | Catamaran Corp. *                                                                                                                                                                                                                                                                                                                     | $      | 15,852,607    |
|                                                                                                                                                       |                 |                              |   | Health Care Facilities - 0.5%                                                                                                                                                                                                                                                                                                         |   |          |
|                                                                                                                                                       | 182,865              |                              |   | Brookdale Senior Living, Inc. *                                                                                                                                                                                                                                                                                                       | $      | 6,133,292     |
|                                                                                                                                                       |                 |                              |   | Managed Health Care - 0.6%                                                                                                                                                                                                                                                                                                            |   |          |
|                                                                                                                                                       | 110,293              |                              |   | WellCare Health Plans, Inc. *                                                                                                                                                                                                                                                                                                         | $      | 6,818,313     |
|                                                                                                                                                       |                 |                              |   | Total Health Care Equipment & Services                                                                                                                                                                                                                                                                                            | $      | 65,720,128    |
|                                                                                                                                                       |                 |                              |   | Pharmaceuticals, Biotechnology & Life Sciences - 9.8%                                                                                                                                                                                                                                                                             |   |          |
|                                                                                                                                                       |                 |                              |   | Biotechnology - 3.3%                                                                                                                                                                                                                                                                                                                  |   |          |
|                                                                                                                                                       | 151,704              |                              |   | Alkermes Plc *                                                                                                                                                                                                                                                                                                                        | $      | 7,383,434     |
|                                                                                                                                                       | 116,267              |                              |   | Cubist Pharmaceuticals, Inc. *                                                                                                                                                                                                                                                                                                        |   | 9,245,552     |
|                                                                                                                                                       | 391,536              |                              |   | Neurocrine Biosciences, Inc. *                                                                                                                                                                                                                                                                                                        |   | 6,902,780     |
|                                                                                                                                                       | 251,939              |                              |   | NPS Pharmaceuticals, Inc. *                                                                                                                                                                                                                                                                                                           |   | 8,812,826     |
|                                                                                                                                                       | 104,723              |                              |   | Vertex Pharmaceuticals, Inc. *                                                                                                                                                                                                                                                                                                        |   | 8,467,902     |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 40,812,494    |
|                                                                                                                                                       |                 |                              |   | Pharmaceuticals - 4.8%                                                                                                                                                                                                                                                                                                                |   |          |
|                                                                                                                                                       | 92,456               |                              |   | Actavis plc *                                                                                                                                                                                                                                                                                                                         | $      | 20,416,134    |
|                                                                                                                                                       | 78,908               |                              |   | Jazz Pharmaceuticals Plc *                                                                                                                                                                                                                                                                                                            |   | 11,989,676    |
|                                                                                                                                                       | 126,768              |                              |   | Salix Pharmaceuticals, Ltd. *                                                                                                                                                                                                                                                                                                         |   | 13,680,803    |
|                                                                                                                                                       | 71,486               |                              |   | Shire Plc (A.D.R.)                                                                                                                                                                                                                                                                                                                    |   | 11,805,913    |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 57,892,526    |
|                                                                                                                                                       |                 |                              |   | Life Sciences Tools & Services - 1.7%                                                                                                                                                                                                                                                                                             |   |          |
|                                                                                                                                                       | 272,536              |                              |   | Bruker Corp. *                                                                                                                                                                                                                                                                                                                        | $      | 6,197,469     |
|                                                                                                                                                       | 128,899              |                              |   | Charles River Laboratories International, Inc. *                                                                                                                                                                                                                                                                                      |   | 7,657,890     |
|                                                                                                                                                       | 42,952               |                              |   | Illumina, Inc. *                                                                                                                                                                                                                                                                                                                      |   | 7,365,838     |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 21,221,197    |
|                                                                                                                                                       |                 |                              |   | Total Pharmaceuticals, Biotechnology & Life Sciences                                                                                                                                                                                                                                                                              | $      | 119,926,217   |
|                                                                                                                                                       |                 |                              |   | Banks - 1.2%                                                                                                                                                                                                                                                                                                                          |   |          |
|                                                                                                                                                       |                 |                              |   | Regional Banks - 1.2%                                                                                                                                                                                                                                                                                                                 |   |          |
|                                                                                                                                                       | 173,490              |                              |   | BankUnited, Inc. *                                                                                                                                                                                                                                                                                                                    | $      | 5,808,445     |
|                                                                                                                                                       | 70,913               |                              |   | Signature Bank *                                                                                                                                                                                                                                                                                                                      |   | 9,284,639     |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 15,093,084    |
|                                                                                                                                                       |                 |                              |   | Total Banks                                                                                                                                                                                                                                                                                                                           | $      | 15,093,084    |
|                                                                                                                                                       |                 |                              |   | Diversified Financials - 4.1%                                                                                                                                                                                                                                                                                                         |   |          |
|                                                                                                                                                       |                 |                              |   | Specialized Finance - 1.0%                                                                                                                                                                                                                                                                                                            |   |          |
|                                                                                                                                                       | 325,703              |                              |   | The NASDAQ OMX Group, Inc.                                                                                                                                                                                                                                                                                                            | $      | 12,503,738    |
|                                                                                                                                                       |                 |                              |   | Consumer Finance - 0.7%                                                                                                                                                                                                                                                                                                               |   |          |
|                                                                                                                                                       | 146,381              |                              |   | Discover Financial Services, Inc.                                                                                                                                                                                                                                                                                                     | $      | 8,399,342     |
|                                                                                                                                                       |                 |                              |   | Asset Management & Custody Banks - 1.9%                                                                                                                                                                                                                                                                                           |   |          |
|                                                                                                                                                       | 49,902               |                              |   | Affiliated Managers Group, Inc. *                                                                                                                                                                                                                                                                                                     | $      | 9,384,071     |
|                                                                                                                                                       | 266,649              |                              |   | Blackstone Group LP                                                                                                                                                                                                                                                                                                                   |   | 8,892,744     |
|                                                                                                                                                       | 94,800               |                              |   | Financial Engines, Inc.                                                                                                                                                                                                                                                                                                               |   | 5,357,148     |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 23,633,963    |
|                                                                                                                                                       |                 |                              |   | Investment Banking & Brokerage - 0.5%                                                                                                                                                                                                                                                                                             |   |          |
|                                                                                                                                                       | 194,947              |                              |   | Morgan Stanley Co.                                                                                                                                                                                                                                                                                                                    | $      | 6,004,368     |
|                                                                                                                                                       |                 |                              |   | Total Diversified Financials                                                                                                                                                                                                                                                                                                          | $      | 50,541,411    |
|                                                                                                                                                       |                 |                              |   | Insurance - 0.5%                                                                                                                                                                                                                                                                                                                      |   |          |
|                                                                                                                                                       |                 |                              |   | Insurance Brokers - 0.5%                                                                                                                                                                                                                                                                                                              |   |          |
|                                                                                                                                                       | 71,727               |                              |   | Aon Plc *                                                                                                                                                                                                                                                                                                                             | $      | 6,139,831     |
|                                                                                                                                                       |                 |                              |   | Total Insurance                                                                                                                                                                                                                                                                                                                       | $      | 6,139,831     |
|                                                                                                                                                       |                 |                              |   | Real Estate - 0.9%                                                                                                                                                                                                                                                                                                                    |   |          |
|                                                                                                                                                       |                 |                              |   | Specialized REIT - 0.9%                                                                                                                                                                                                                                                                                                               |   |          |
|                                                                                                                                                       | 356,630              |                              |   | Weyerhaeuser Co.                                                                                                                                                                                                                                                                                                                      | $      | 10,524,151    |
|                                                                                                                                                       |                 |                              |   | Total Real Estate                                                                                                                                                                                                                                                                                                                     | $      | 10,524,151    |
|                                                                                                                                                       |                 |                              |   | Software & Services - 13.8%                                                                                                                                                                                                                                                                                                       |   |          |
|                                                                                                                                                       |                 |                              |   | Internet Software & Services - 6.0%                                                                                                                                                                                                                                                                                               |   |          |
|                                                                                                                                                       | 297,247              |                              |   | Akamai Technologies, Inc. *                                                                                                                                                                                                                                                                                                           | $      | 18,170,709    |
|                                                                                                                                                       | 66,539               |                              |   | CoStar Group, Inc. *                                                                                                                                                                                                                                                                                                                  |   | 13,377,001    |
|                                                                                                                                                       | 128,614              |                              |   | eBay, Inc. *                                                                                                                                                                                                                                                                                                                          |   | 7,558,645     |
|                                                                                                                                                       | 123,170              |                              |   | Facebook, Inc. *                                                                                                                                                                                                                                                                                                                      |   | 8,432,218     |
|                                                                                                                                                       | 10,207               |                              |   | Google, Inc. *                                                                                                                                                                                                                                                                                                                        |   | 12,408,140    |
|                                                                                                                                                       | 40,432               |                              |   | LinkedIn Corp. *                                                                                                                                                                                                                                                                                                                      |   | 8,249,745     |
|                                                                                                                                                       | 133,454              |                              |   | Pandora Media, Inc. *                                                                                                                                                                                                                                                                                                                 |   | 4,993,849     |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 73,190,307    |
|                                                                                                                                                       |                 |                              |   | IT Consulting & Other Services - 0.4%                                                                                                                                                                                                                                                                                             |   |          |
|                                                                                                                                                       | 73,966               |                              |   | Gartner, Inc. *                                                                                                                                                                                                                                                                                                                       | $      | 5,145,075     |
|                                                                                                                                                       |                 |                              |   | Data Processing & Outsourced Services - 2.5%                                                                                                                                                                                                                                                                                      |   |          |
|                                                                                                                                                       | 28,767               |                              |   | Alliance Data Systems Corp. *                                                                                                                                                                                                                                                                                                         | $      | 8,201,759     |
|                                                                                                                                                       | 84,463               |                              |   | MasterCard, Inc.                                                                                                                                                                                                                                                                                                                      |   | 6,564,464     |
|                                                                                                                                                       | 233,473              |                              |   | Vantiv, Inc. *                                                                                                                                                                                                                                                                                                                        |   | 7,431,446     |
|                                                                                                                                                       | 86,040               |                              |   | WEX, Inc. *                                                                                                                                                                                                                                                                                                                           |   | 8,330,393     |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 30,528,062    |
|                                                                                                                                                       |                 |                              |   | Application Software - 3.6%                                                                                                                                                                                                                                                                                                           |   |          |
|                                                                                                                                                       | 125,214              |                              |   | Aspen Technology, Inc. *                                                                                                                                                                                                                                                                                                              | $      | 5,878,797     |
|                                                                                                                                                       | 494,566              |                              |   | Cadence Design Systems, Inc. *                                                                                                                                                                                                                                                                                                        |   | 7,581,697     |
|                                                                                                                                                       | 132,604              |                              |   | Guidewire Software, Inc. *                                                                                                                                                                                                                                                                                                            |   | 7,108,900     |
|                                                                                                                                                       | 122,624              |                              |   | Qlik Technologies, Inc. *                                                                                                                                                                                                                                                                                                             |   | 3,740,032     |
|                                                                                                                                                       | 131,402              |                              |   | Salesforce.com, Inc. *                                                                                                                                                                                                                                                                                                                |   | 8,195,543     |
|                                                                                                                                                       | 75,876               |                              |   | Splunk, Inc. *                                                                                                                                                                                                                                                                                                                        |   | 7,037,499     |
|                                                                                                                                                       | 102,469              |                              |   | SS&C Technologies Holdings, Inc. *                                                                                                                                                                                                                                                                                                |   | 3,963,501     |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 43,505,969    |
|                                                                                                                                                       |                 |                              |   | Systems Software - 1.3%                                                                                                                                                                                                                                                                                                               |   |          |
|                                                                                                                                                       | 114,237              |                              |   | ServiceNow, Inc. *                                                                                                                                                                                                                                                                                                                    | $      | 7,774,970     |
|                                                                                                                                                       | 79,479               |                              |   | VMware, Inc. *                                                                                                                                                                                                                                                                                                                        |   | 7,633,958     |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 15,408,928    |
|                                                                                                                                                       |                 |                              |   | Total Software & Services                                                                                                                                                                                                                                                                                                         | $      | 167,778,341   |
|                                                                                                                                                       |                 |                              |   | Technology Hardware & Equipment - 2.2%                                                                                                                                                                                                                                                                                            |   |          |
|                                                                                                                                                       |                 |                              |   | Communications Equipment - 1.5%                                                                                                                                                                                                                                                                                                       |   |          |
|                                                                                                                                                       | 131,324              |                              |   | F5 Networks, Inc. *                                                                                                                                                                                                                                                                                                                   | $      | 14,752,938    |
|                                                                                                                                                       | 162,074              |                              |   | Finisar Corp. *                                                                                                                                                                                                                                                                                                                       |   | 3,841,154     |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 18,594,092    |
|                                                                                                                                                       |                 |                              |   | Computer Hardware - 0.7%                                                                                                                                                                                                                                                                                                              |   |          |
|                                                                                                                                                       | 64,447               |                              |   | Stratasys, Ltd. *                                                                                                                                                                                                                                                                                                                     | $      | 8,193,147     |
|                                                                                                                                                       |                 |                              |   | Total Technology Hardware & Equipment                                                                                                                                                                                                                                                                                             | $      | 26,787,239    |
|                                                                                                                                                       |                 |                              |   | Semiconductors & Semiconductor Equipment - 3.6%                                                                                                                                                                                                                                                                                   |   |          |
|                                                                                                                                                       |                 |                              |   | Semiconductors - 3.6%                                                                                                                                                                                                                                                                                                                 |   |          |
|                                                                                                                                                       | 165,333              |                              |   | Avago Technologies, Ltd.                                                                                                                                                                                                                                                                                                              | $      | 10,201,046    |
|                                                                                                                                                       | 89,469               |                              |   | Cree, Inc. *                                                                                                                                                                                                                                                                                                                          |   | 5,496,081     |
|                                                                                                                                                       | 255,752              |                              |   | Skyworks Solutions, Inc. *                                                                                                                                                                                                                                                                                                            |   | 9,068,966     |
|                                                                                                                                                       | 143,588              |                              |   | Synaptics, Inc. *                                                                                                                                                                                                                                                                                                                     |   | 9,338,964     |
|                                                                                                                                                       | 187,149              |                              |   | Xilinx, Inc.                                                                                                                                                                                                                                                                                                                          |   | 9,769,178     |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 43,874,235    |
|                                                                                                                                                       |                 |                              |   | Total Semiconductors & Semiconductor Equipment                                                                                                                                                                                                                                                                                    | $      | 43,874,235    |
|                                                                                                                                                       |                 |                              |   | Telecommunication Services - 1.5%                                                                                                                                                                                                                                                                                                     |   |          |
|                                                                                                                                                       |                 |                              |   | Wireless Telecommunication Services - 1.5%                                                                                                                                                                                                                                                                                            |   |          |
|                                                                                                                                                       | 127,147              |                              |   | Crown Castle International Corp. *                                                                                                                                                                                                                                                                                                    | $      | 9,650,457     |
|                                                                                                                                                       | 94,971               |                              |   | SBA Communications Corp. *                                                                                                                                                                                                                                                                                                            |   | 9,038,390     |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  | $      | 18,688,847    |
|                                                                                                                                                       |                 |                              |   | Total Telecommunication Services                                                                                                                                                                                                                                                                                                      | $      | 18,688,847    |
|                                                                                                                                                       |                 |                              |   | Utilities - 0.4%                                                                                                                                                                                                                                                                                                                      |   |          |
|                                                                                                                                                       |                 |                              |   | Gas Utilities - 0.2%                                                                                                                                                                                                                                                                                                                  |   |          |
|                                                                                                                                                       | 39,489               |                              |   | National Fuel Gas Co.                                                                                                                                                                                                                                                                                                                 | $      | 2,966,414     |
|                                                                                                                                                       |                 |                              |   | Multi-Utilities - 0.2%                                                                                                                                                                                                                                                                                                                |   |          |
|                                                                                                                                                       | 34,589               |                              |   | Dominion Resources, Inc./VA                                                                                                                                                                                                                                                                                                           | $      | 2,400,477     |
|                                                                                                                                                       |                 |                              |   | Total Utilities                                                                                                                                                                                                                                                                                                                       | $      | 5,366,891     |
|                                                                                                                                                       |                 |                              |   | TOTAL COMMON STOCKS                                                                                                                                                                                                                                                                                                                   |   |          |
|                                                                                                                                                       |                 |                              |   | (Cost $871,677,962)                                                                                                                                                                                                                                                                                                                   | $      | 1,213,639,780 |
|                                                                                                                                                       | Principal Amount ($) | S&P/Moody'sRatings(unaudited) |   |                                                                                                                                                                                                                                                                                                                                  |
|                                                                                                                                                       |                 |                              |   | CORPORATE BONDS - 0.2%                                                                                                                                                                                                                                                                                                                |   |          |
|                                                                                                                                                       |                 |                              |   | Diversified Financials - 0.2%                                                                                                                                                                                                                                                                                                         |   |          |
|                                                                                                                                                       |                 |                              |   | Other Diversified Financial Services - 0.2%                                                                                                                                                                                                                                                                                           |   |          |
|                                                                                                                                                       | 2,365,000            |                              | NR/NR  | American Energy - Utica LLC, 3.5%, 3/1/21 (144A)                                                                                                                                                                                                                                                                                      | $      | 2,338,039     |
|                                                                                                                                                       |                 |                              |   | Total Diversified Financials                                                                                                                                                                                                                                                                                                          | $      | 2,338,039     |
|                                                                                                                                                       |                 |                              |   | TOTAL CORPORATE BONDS                                                                                                                                                                                                                                                                                                                 |   |          |
|                                                                                                                                                       |                 |                              |   | (Cost $2,365,000)                                                                                                                                                                                                                                                                                                                     | $      | 2,338,039     |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  |   |          |
|                                                                                                                                                       |                 |                              |   | TOTAL INVESTMENT IN SECURITIES - 99.8%                                                                                                                                                                                                                                                                                                |   |          |
|                                                                                                                                                       |                 |                              |   | (Cost $874,042,962) (a)                                                                                                                                                                                                                                                                                                               | $      | 1,215,977,819 |
|                                                                                                                                                       |                 |                              |   | OTHER ASSETS & LIABILITIES - 0.2%                                                                                                                                                                                                                                                                                                 | $      | 1,915,086     |
|                                                                                                                                                       |                 |                              |   | TOTAL NET ASSETS - 100.0%                                                                                                                                                                                                                                                                                                             | $      | 1,217,892,905 |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  |   |          |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  |   |          |
|                                                                                                                                                       | *                    |                              |   | Non-income producing security.                                                                                                                                                                                                                                                                                                        |   |          |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  |   |          |
|                                                                                                                                                       | NR                   |                              |   | Not rated by either S&P or Moody's.                                                                                                                                                                                                                                                                                               |   |          |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  |   |          |
|                                                                                                                                                       | (A.D.R.)             |                              |   | American Depositary Receipts.                                                                                                                                                                                                                                                                                                         |   |          |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  |   |          |
|                                                                                                                                                       | (144A)               |                              |   | Security is exempt from registration under Rule 144A of the Securities Act of 1933.  Such securities may be resold normally to qualified institutional buyers in a transaction exempt from registration.  At February 28, 2014, the value of these securities amounted to $2,338,039 or 0.2% of total net assets. |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  |   |          |
|                                                                                                                                                       | REIT                 |                              |   | Real Estate Investment Trust.                                                                                                                                                                                                                                                                                                         |   |          |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  |   |          |
|                                                                                                                                                       | (a)                  |                              |   | At February 28, 2014, the net unrealized appreciation on investments based on                                                                                                                                                                                                                                                         |   |          |
|                                                                                                                                                       |                 |                              |   | cost for federal income tax purposes of $875,595,990 was as follows:                                                                                                                                                                                                                                                                  |   |          |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  |   |          |
|                                                                                                                                                       |                 |                              |   | Aggregate gross unrealized appreciation for all investments in which                                                                                                                                                                                                                                                                  |   |          |
|                                                                                                                                                       |                 |                              |   | there is an excess of value over tax cost                                                                                                                                                                                                                                                                                             | $      | 348,362,962   |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  |   |          |
|                                                                                                                                                       |                 |                              |   | Aggregate gross unrealized depreciation for all investments in which                                                                                                                                                                                                                                                                  |   |          |
|                                                                                                                                                       |                 |                              |   | there is an excess of tax cost over value                                                                                                                                                                                                                                                                                             |   | (7,981,133)   |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  |   |          |
|                                                                                                                                                       |                 |                              |   | Net unrealized appreciation                                                                                                                                                                                                                                                                                                           | $      | 340,381,829   |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  |   |          |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  |   |          |
| Various inputs are used in determining the value of the Fund's investments.  These inputs are summarized in the three broad levels listed below. |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  |   |          |
| Level 1 – quoted prices in active markets for identical securities                                                                                   |                 |                              |
| Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.) |
| Level 3 – significant unobservable inputs (including the Fund's own assumptions in determining fair value of investments)                            |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  |   |          |
| Generally, equity securities are categorized as Level 1, fixed income securities and senior loans as Level 2 and securities valued                         |
| using fair value methods (other than prices supplied by independent pricing services) as Level 3.                                                          |                 |                              |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  |   |          |
| The following is a summary of the inputs used as of February 28, 2014, in valuing the Funds's investments:                                                 |                 |
|                                                                                                                                                       |                 |                              |   |                                                                                                                                                                                                                                                                                                                                  |   |          |

|                                                                                         |   | Level 1 |          |   | Level 2 |   |      | Level 3 |   |   | Total  |   |
|----------------------------------------------------------------------------------------------|--------|---------|---------------|--------|---------|--------|-----------|---------|--------|--------|--------|--------|
| Common Stocks                                                                                |   | $       | 1,213,639,780 |   |    | $      | -         |    |   | $      | -      |   |   | $ | 1,213,639,780 |   |
| Corporate Bonds                                                                              |   |    | -             |   |    |   | 2,338,039 |    |   |   | -      |   |   |   | 2,338,039 |   |
| Total                                                                                        |   | $       | 1,213,639,780 |   |    | $      | 2,338,039 |    |   | $      | -      |   |   | $ | 1,215,977,819 |   |
|                                                                                         |   |    |          |   |    |   |      |    |   |   |   |   |   |   |   |   |
| During the period endedFebruary 28, 2014, there were no transfers between Levels 1, 2 and 3. |   |    |          |   |    |   |      |    |   |   |   |   |   |