-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GOx2jN9r9NrVLHnsn2Rb4PVu8ODWOXPMmY9TZwOD6jYQg8iSJIS5r0poG9rALSwZ u9uo4KNvwVUUMl0HGFc/JQ== 0000765443-02-000009.txt : 20020522 0000765443-02-000009.hdr.sgml : 20020522 20020522100802 ACCESSION NUMBER: 0000765443-02-000009 CONFORMED SUBMISSION TYPE: 13F-HR/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20020331 FILED AS OF DATE: 20020522 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DUFF & PHELPS INVESTMENT MANAGEMENT CO CENTRAL INDEX KEY: 0000765443 IRS NUMBER: 363027981 STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR/A SEC ACT: 1934 Act SEC FILE NUMBER: 028-01420 FILM NUMBER: 02659383 BUSINESS ADDRESS: STREET 1: 55 EAST MONROE STREET 2: SUITE 3600 CITY: CHICAGO STATE: IL ZIP: 60603 BUSINESS PHONE: 3122632610 MAIL ADDRESS: STREET 1: 55 EAST MONROE STREET 2: SUITE 3600 CITY: CHICAGO STATE: IL ZIP: 60603 13F-HR/A 1 r20020331.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 13F FORM 13F COVER PAGE Report for the Calender Year of Quarter Ended: March 31, 2002 Check here if Amendment[x]; Amendment Number: 1 This Amendment (Check only one): [x] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Duff & Phelps Investment Management Co. Address: 55 East Monroe Street, Suite 3600 Chicago, IL 60603 13F File Number: 28-1420 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name Steve Tobin Title AVP - Operations Phone (312) 630-4666 Signature, Place, and Date of Signing: __________________________ in Chicago, IL on 4/30/02 Report Type (Check only one.): [X ] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 284 Form 13F Information Table Value Total: 2439239 List of Other Included Managers: No. 13F File Number: Name: 01 28-1420 Boyd Watterson Asset Mgt. FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP NO (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ----------- -------- -------- -------- A T & T Corp Common Stock 001957109 289 18385 SH SOLE 18385 ABBOTT LABORATORIES Common Stock 002824100 1453 27599 SH SOLE 27599 ACCENTURE LTD CL A Common Stock G1150G111 49 1865 SH SOLE 1865 Ace Ltd Common Stock G0070K103 96 2300 SH SOLE 2300 AES Corp Common Stock 00130H105 26 2860 SH SOLE 2860 AGERE SYSTEMS INC CL A Common Stock 00845V100 700 179890 SH SOLE 179890 AGILENT TECHNOLOGIES INC Common Stock 00846U101 1038 29670 SH SOLE 29670 AGL Resources Inc Common Stock 001204106 21761 926000 SH SOLE 926000 Alcoa Inc Common Stock 013817101 174 4620 SH SOLE 4620 Alexandria Real Estate W/Rts Common Stock 015271109 2098 47000 SH DEFINED 01 37000 10000 Allegheny Energy Inc Common Stock 017361106 53755 1300000 SH SOLE 1300000 Allegheny Technologies Inc Common Stock 01741R102 9 590 SH SOLE 590 Allete Inc Common Stock 018522102 29090 1000000 SH SOLE 1000000 ALLTEL CORP Common Stock 020039103 56309 1013635 SH SOLE 1013635 Ameren Corp Convertible Pfd 023608201 13111 483800 SH SOLE 483800 American Elect Power Inc Common Stock 025537101 80 1725 SH SOLE 1725 American Express Co Common Stock 025816109 5852 142890 SH SOLE 142890 American Intl Group Inc Common Stock 026874107 6446 89359 SH SOLE 89359 AMERICAN STANDARD COMPANIES Common Stock 029712106 1224 17320 SH SOLE 17320 Amgen Inc Common Stock 031162100 332 5560 SH SOLE 5560 Amkor Technology Inc Common Stock 031652100 59 2640 SH SOLE 2640 ANADARKO PETROLEUM CORP Common Stock 032511107 1132 20015 SH SOLE 20015 ANALOG DEVICES Common Stock 032654105 611 13560 SH SOLE 13560 Anheuser Busch Cos Inc Common Stock 035229103 241 4620 SH SOLE 4620 AOL Time Warner Inc Common Stock 00184A105 3417 144580 SH SOLE 144580 APACHE CORP Common Stock 037411105 1192 20943 SH SOLE 20943 Apartment Investment & Mgt Common Stock 03748R101 14818 306360 SH DEFINED 01 293850 12510 APPLIED MATERIAL INC Common Stock 038222105 582 10725 SH SOLE 10725 Aquila Inc Convertible Pfd 03840P201 12264 450900 SH SOLE 450900 Aquila Inc Common Stock 03840P102 60237 2425000 SH SOLE 2425000 Archstone-Smith Trust Common Stock 039583109 7675 286505 SH DEFINED 01 271449 15057 Autodesk Inc Common Stock 052769106 76 1630 SH SOLE 1630 Avalonbay Communities Inc Common Stock 053484101 6414 128830 SH DEFINED 01 122800 6030 Avnet Inc Common Stock 053807103 49 1810 SH SOLE 1810 Avon Products Inc Common Stock 054303102 8463 155800 SH SOLE 155800 B J Services Co Common Stock 055482103 70 2035 SH SOLE 2035 Baker Hughes Inc Common Stock 057224107 69 1795 SH SOLE 1795 BANK OF AMERICA CORP Common Stock 060505104 6708 98640 SH SOLE 98640 Bank One Corp Common Stock 06423A103 260 6221 SH SOLE 6221 BAXTER INTERNATIONAL INC Common Stock 071813109 1042 17472 SH SOLE 17472 BCE Inc Foreign Common 05534B109 17620 1000000 SH SOLE 1000000 Bear Stearns Cos Inc Common Stock 073902108 73 1170 SH SOLE 1170 Beckman Coutler Inc Common Stock 075811109 111 2175 SH SOLE 2175 BECTON DICKINSON & CO Common Stock 075887109 957 25357 SH SOLE 25357 Bell South Corp W/Rts Common Stock 079860102 63768 1730000 SH SOLE 1730000 BEST BUY COMPANY INC Common Stock 086516101 8417 106284 SH SOLE 106284 Black & Decker Corp Common Stock 091797100 23 500 SH SOLE 500 BOEING COMPANY Common Stock 097023105 1612 33375 SH SOLE 33375 Boise Cascade Corp Common Stock 097383103 12 330 SH SOLE 330 Boston Properties Common Stock 101121101 19400 491760 SH DEFINED 01 470960 20800 BP PLC ADR Common Stock 055622104 179 3370 SH SOLE 3370 Bristol-Myers Squibb Co Common Stock 110122108 419 10350 SH SOLE 10350 Burlington Northern Santa Fe Common Stock 12189T104 70 2315 SH SOLE 2315 Camden Property Trust Common Stock 133131102 13678 349620 SH DEFINED 01 335800 13820 Campbell Soup Co Common Stock 134429109 60 2260 SH SOLE 2260 CBL & Associates Common Stock 124830100 20155 570148 SH DEFINED 01 541048 29100 Centerpoint Properties Corp Common Stock 151895109 19314 357351 SH DEFINED 01 339776 17575 Centurytel Inc Common Stock 156700106 114 3345 SH SOLE 3345 Chelsea Property Group Inc Common Stock 163421100 22042 407868 SH DEFINED 01 390718 17150 Cigna Corp Common Stock 125509109 80 795 SH SOLE 795 Cinergy Convertible Pfd 172474207 36069 626200 SH SOLE 626200 CISCO SYSTEMS INC Common Stock 17275R102 4529 267503 SH SOLE 267503 CITIGROUP INC Common Stock 172967101 8324 168102 SH SOLE 168102 Clear Channel Commun Inc Common Stock 184502102 162 3135 SH SOLE 3135 CNF Transportation Inc Common Stock 12612W104 94 2850 SH SOLE 2850 Coach Inc Common Stock 189754104 80 1570 SH SOLE 1570 Coca-Cola Co Common Stock 191216100 689 13175 SH SOLE 13175 Colgate-Palmolive Co Common Stock 194162103 173 3015 SH SOLE 3015 Colonial Properties Trust Common Stock 195872106 51 1500 SH DEFINED 01 1500 COMCAST CORP CLASS A Common Stock 200300101 73 2200 SH SOLE 2200 Community Health Systems Common Stock 203668108 62 2790 SH SOLE 2790 Computer Sciences Corp Common Stock 205363104 5101 100505 SH SOLE 100505 CONOCO INC Common Stock 208251504 4790 164144 SH SOLE 164144 CONSTELLATION ENERGY GROUP Common Stock 210371100 781 25360 SH SOLE 25360 Corporate Office Properties Common Stock 22002T108 982 75000 SH DEFINED 01 71349 3651 COX COMMUNICATIONS Common Stock 224044107 71 1895 SH SOLE 1895 Cox Communications Inc Convertible Pfd 224044305 25225 500000 SH SOLE 500000 Danaher Corp Common Stock 235851102 89 1260 SH SOLE 1260 DELL COMPUTER CORP Common Stock 247025109 1489 57017 SH SOLE 57017 Delta Air Lines Inc Common Stock 247361108 21 640 SH SOLE 640 Deluxe Corp Common Stock 248019101 91 1960 SH SOLE 1960 Dentsply Intl Inc Common Stock 249030107 111 2985 SH SOLE 2985 Developers Div Rty W/PPRTS Common Stock 251591103 9229 439529 SH DEFINED 01 417481 22048 DISNEY WALT CO (HOLDING CO) Common Stock 254687106 591 25685 SH SOLE 25685 Dominion Resources Inc Common Stock 25746U109 51867 796000 SH SOLE 796000 Dominion Resources Inc Convertible Pfd 25746U208 27644 450000 SH SOLE 450000 Doral Financial Corp Common Stock 25811P100 82 2420 SH SOLE 2420 Dow Chemical Co Common Stock 260543103 156 4780 SH SOLE 4780 DTE Energy Co Common Stock 233331107 64474 1417000 SH SOLE 1417000 Duke Capital Fin Trust III Preferred Stock 26439F201 18536 700000 SH SOLE 700000 Duke Energy Corp Common Stock 264399106 49140 1300000 SH SOLE 1300000 Duke Energy Corp Convertible Pfd 264399585 30852 1200000 SH SOLE 1200000 Duke Realty Corp Common Stock 264411505 10412 400450 SH DEFINED 01 382000 18450 DuPont E I deNemours Common Stock 263534109 2510 53257 SH SOLE 53257 Eastman Kodak Co Common Stock 277461109 51 1640 SH SOLE 1640 EIX Trust II Preferred Stock 26853P206 5143 223500 SH SOLE 223500 El Paso Corp Common Stock 28336L109 119 2710 SH SOLE 2710 ELECTRONIC DATA SYS CORP (NEW) Common Stock 285661104 4559 78585 SH SOLE 78585 EMC Corp Common Stock 268648102 139 11730 SH SOLE 11730 Emerson Electric Co Common Stock 291011104 4954 86300 SH SOLE 86300 Endesa ADRs 29258N107 23758 1593400 SH SOLE 1593400 Engelhard Corp Common Stock 292845104 93 3000 SH SOLE 3000 Entergy Corp Common Stock 29364G103 43681 1006250 SH SOLE 1006250 Equity Office Properties Common Stock 294741103 13247 441701 SH DEFINED 01 420501 21200 Equity Residential Prop Tr Common Stock 29476L107 12576 437600 SH DEFINED 01 417400 20200 Essex Properties Common Stock 297178105 6698 128370 SH DEFINED 01 122500 5870 Exelon Corp Common Stock 30161N101 53060 1001702 SH SOLE 1001702 EXXON MOBIL CORP (NEW) Common Stock 30231G102 10511 239836 SH SOLE 239836 Fairchild Semicon Intl Common Stock 303726103 35 1225 SH SOLE 1225 FANNIE MAE Common Stock 313586109 8647 108245 SH SOLE 108245 Fedex Corp Common Stock 31428X106 96 1650 SH SOLE 1650 First Data Corp Common Stock 319963104 5601 64200 SH SOLE 64200 First Industrial Realty Tr Common Stock 32054K103 9374 273700 SH DEFINED 01 259300 14400 Ford Motor Co Common Stock 345370860 2552 154710 SH SOLE 154710 FPL Group Inc Convertible Pfd 302571203 28050 500000 SH SOLE 500000 FPL Group Inc Common Stock 302571104 53595 900000 SH SOLE 900000 General Dynamics Corp Common Stock 369550108 99 1060 SH SOLE 1060 GENERAL ELECTRIC CO Common Stock 369604103 8392 224107 SH SOLE 224107 General Growth Properties Common Stock 370021107 16538 374175 SH DEFINED 01 357675 16500 General Motors Corp Common Stock 370442105 178 2935 SH SOLE 2935 GENZYME CORP Common Stock 372917104 530 12115 SH SOLE 12115 Georgia-Pacific Corp Common Stock 373298108 2186 73000 SH SOLE 73000 Gillette Co Common Stock 375766102 192 5630 SH SOLE 5630 GTech Holdings Corp Common Stock 400518106 95 1950 SH SOLE 1950 GUIDANT CORP Common Stock 401698105 613 14120 SH SOLE 14120 HALLIBURTON CO (HOLDING CO) Common Stock 406216101 1580 92580 SH SOLE 92580 Harrah's Casinos Common Stock 413619107 27 600 SH SOLE 600 Hartford Financial Svcs Gp Common Stock 416515104 86 1270 SH SOLE 1270 HCA Inc Common Stock 404119109 127 2895 SH SOLE 2895 Health Care PPTYS Invest Inc Common Stock 421915109 8253 203500 SH DEFINED 01 194060 9440 Healthcare Realty Trust Inc Common Stock 421946104 8154 268605 SH DEFINED 01 256140 12465 Heinz H J Co Common Stock 423074103 78 1870 SH SOLE 1870 Hewlett-Packard Co Common Stock 428236103 186 10370 SH SOLE 10370 HOME DEPOT INC Common Stock 437076102 1433 29500 SH SOLE 29500 HONEYWELL INTERNATIONAL INC Common Stock 438516106 1009 26332 SH SOLE 26332 Hospitality Properties Trust Common Stock 44106M102 4416 128595 SH DEFINED 01 122200 6395 IDEC Pharmaceuticals Corp Common Stock 449370105 73 1135 SH SOLE 1135 Illinois Tool Works Inc Common Stock 452308109 4211 58205 SH SOLE 58205 INGERSOLL RAND COMPANY LTD NEW Common Stock G4776G101 1576 31490 SH SOLE 31490 Integrated Circuit Systems Common Stock 45811K208 50 2455 SH SOLE 2455 INTEL CORP Common Stock 458140100 5991 197025 SH SOLE 197025 INTERNATIONAL BUSINESS MACHINE Common Stock 459200101 6417 61727 SH SOLE 61727 International Paper Co Common Stock 460146103 112 2607 SH SOLE 2607 Interstate Hotels Corp Common Stock 46088R108 1 414 SH DEFINED 01 414 Intl Rectifier Corp Common Stock 460254105 67 1485 SH SOLE 1485 IStar Financial Inc Common Stock 45031U101 5780 200000 SH DEFINED 01 190500 9500 ITT INDUSTRIES INC Common Stock 450911102 1185 18800 SH SOLE 18800 J P Morgan Chase & Co Common Stock 46625H100 7723 216660 SH SOLE 216660 Jacobs Engineering Group Common Stock 469814107 50 700 SH SOLE 700 Jefferson-Pilot Corp Common Stock 475070108 50 990 SH SOLE 990 Johnson & Johnson Co Common Stock 478160104 5994 92280 SH SOLE 92280 Keyspan Corp Common Stock 49337W100 36450 1001640 SH SOLE 1001640 Kimberly-Clark Corp Common Stock 494368103 3607 55800 SH SOLE 55800 Kimco Realty Corp Common Stock 49446R109 2561 78304 SH DEFINED 01 73679 4625 KLA-Tencor Corp Common Stock 482480100 65 975 SH SOLE 975 KNIGHT RIDDER INC Common Stock 499040103 447 6513 SH SOLE 6513 KPMG Consulting Common Stock 48265R109 62 3050 SH SOLE 3050 LEHMAN BROTHERS HOLDING INC Common Stock 524908100 603 9343 SH SOLE 9343 Lexmark Intl Inc Common Stock 529771107 117 2045 SH SOLE 2045 Lilly (Eli) & Co Common Stock 532457108 5030 66005 SH SOLE 66005 Limited Inc Common Stock 532716107 43 2340 SH SOLE 2340 LINCOLN NATIONAL CORP INDIANA Common Stock 534187109 61 1205 SH SOLE 1205 LOWE'S COMPANIES Common Stock 548661107 1089 25000 SH SOLE 25000 LSI Logic Corp Common Stock 502161102 38 2220 SH SOLE 2220 LUCENT TECHNOLOGIES Common Stock 549463107 120 25255 SH SOLE 25255 Macerich Co Common Stock 554382101 4665 154750 SH DEFINED 01 145950 8800 Mack-Cali Realty Corp W/Rts Common Stock 554489104 859 24800 SH DEFINED 01 23900 900 Manufactured Home Communities Common Stock 564682102 53 1598 SH SOLE 1598 Masco Corp Common Stock 574599106 3994 145500 SH SOLE 145500 MATTEL INC Common Stock 577081102 1245 59745 SH SOLE 59745 May Department Stores Co Common Stock 577778103 60 1725 SH SOLE 1725 McDonald's Corp Common Stock 580135101 3189 114890 SH SOLE 114890 MediaOne/Vodafone PIES Convertible Pfd 58440J500 11220 550000 SH SOLE 550000 MedImmune Corp Common Stock 584699102 46 1160 SH SOLE 1160 MEDTRONIC INC Common Stock 585055106 4110 90914 SH SOLE 90914 Merck & Co Inc Common Stock 589331107 3242 56285 SH SOLE 56285 MERRILL LYNCH & CO Common Stock 590188108 1545 27905 SH SOLE 27905 MGIC INVESTMENT CORP Common Stock 552848103 8712 127318 SH SOLE 127318 MICROCHIP TECHNOLOGY INC. Common Stock 595017104 845 20173 SH SOLE 20173 MICRON TECHNOLOGY INC Common Stock 595112103 61 1860 SH SOLE 1860 MICROSOFT CORP Common Stock 594918104 9882 163848 SH SOLE 163848 Minnesota Mining & Mfg Co Common Stock 604059105 242 2110 SH SOLE 2110 Morgan Stanley Dean Witter Common Stock 617446448 341 5945 SH SOLE 5945 NASDAQ-100 SHARES Common Stock 631100104 4 100 SH SOLE 100 National City Corp Common Stock 635405103 3149 102400 SH SOLE 102400 National Fuel Gas Co Common Stock 636180101 19480 800000 SH SOLE 800000 National Grid Group Foreign Common 0242824$8 5083 770000 SH SOLE 770000 National Grid Group ADRs 636274102 7030 215000 SH SOLE 215000 National Semiconductor Corp Common Stock 637640103 35 1050 SH SOLE 1050 Nationwide Finl Services Common Stock 638612101 101 2350 SH SOLE 2350 NEWELL RUBBERMAID INC Common Stock 651229106 1383 43225 SH SOLE 43225 Nextel Communications Inc Common Stock 65332V103 22 4110 SH SOLE 4110 Nicor Inc Common Stock 654086107 27330 600000 SH SOLE 600000 Nisource Inc Common Stock 65473P105 51789 2256600 SH SOLE 2256600 Nisource Inc Convertible Pfd 65473P303 22405 500000 SH SOLE 500000 NOBLE DRILLING CORP Common Stock 655042109 200 4845 SH SOLE 4845 Norfolk Southern Corp Common Stock 655844108 50 2125 SH SOLE 2125 Nortel Networks Corp Common Stock 656568102 76 16940 SH SOLE 16940 NStar Common Stock 67019E107 59785 1318600 SH SOLE 1318600 Nvidia Corp Common Stock 67066G104 38 855 SH SOLE 855 Omnicom Group Inc Common Stock 681919106 6193 65600 SH SOLE 65600 Oracle Corp Common Stock 68389X105 381 29750 SH SOLE 29750 Pactiv Corp Common Stock 695257105 48 2410 SH SOLE 2410 Pan Pacific Retail Property Common Stock 69806L104 12881 421400 SH DEFINED 01 400050 21350 PartnerRe Ltd Common Stock G6852T105 66 1215 SH SOLE 1215 Peoples Energy Corp Common Stock 711030106 23628 600000 SH SOLE 600000 PEOPLESOFT INC Common Stock 712713106 614 16815 SH SOLE 16815 PEPSI BOTTLING COMPANY Common Stock 713409100 1349 52215 SH SOLE 52215 PEPSICO INC Common Stock 713448108 4615 89595 SH SOLE 89595 PFIZER INC Common Stock 717081103 9745 245237 SH SOLE 245237 Pharmacia Corp Common Stock 71713U102 311 6930 SH SOLE 6930 PHILIP MORRIS COMPANIES INC Common Stock 718154107 1164 22080 SH SOLE 22080 Pinnacle West Capital Corp Common Stock 723484101 50792 1120000 SH SOLE 1120000 Pitney Bowes Inc Common Stock 724479100 2556 59700 SH SOLE 59700 PP&L Capital Trust II Preferred Stock 693498206 5225 209000 SH SOLE 209000 PPG INDUSTRIES INC Common Stock 693506107 847 15405 SH SOLE 15405 Procter & Gamble Co Common Stock 742718109 619 6880 SH SOLE 6880 Progress Energy Inc Common Stock 743263105 68805 1375000 SH SOLE 1375000 Prologis Trust Common Stock 743410102 12819 548900 SH DEFINED 01 515600 33300 Protein Design Labs Inc Common Stock 74369L103 24 1430 SH SOLE 1430 Public Serv Enterprises Grp Common Stock 744573106 45800 1000000 SH SOLE 1000000 Public Storage Inc Common Stock 74460D109 13356 360915 SH DEFINED 01 345700 15215 RadioShack Corp Common Stock 750438103 28 940 SH SOLE 940 Raytheon Co Common Stock 755111507 77 1900 SH SOLE 1900 Realty Income Corp Common Stock 756109104 4278 128800 SH DEFINED 01 121100 7700 Reckson Assoc Realty Common Stock 75621K304 5153 200045 SH DEFINED 01 190045 10000 Reckson Assoc Realty Common Stock 75621K106 2561 103900 SH DEFINED 01 99200 4700 Rockwell Intl Corp Common Stock 773903109 18 890 SH SOLE 890 S L Green Realty Co Common Stock 78440X101 13951 415200 SH DEFINED 01 398050 17150 Sara Lee Corp Common Stock 803111103 89 4220 SH SOLE 4220 SBC Communications Inc Common Stock 78387G103 65746 1756053 SH SOLE 1756053 Schlumberger Ltd Common Stock 806857108 178 3030 SH SOLE 3030 Scottish & Southern Energy ADRs 81012K309 19352 200000 SH SOLE 200000 Scottish & Southern Energy Foreign Common 0790873$6 8231 850000 SH SOLE 850000 Sears Roebuck & Co Common Stock 812387108 92 1760 SH SOLE 1760 Shurgard Storage Centers Common Stock 82567D104 4764 140550 SH DEFINED 01 130240 10310 SIEBEL SYSTEMS INC Common Stock 826170102 519 15900 SH SOLE 15900 Simon Property Group Inc Common Stock 828806109 18052 553240 SH DEFINED 01 530600 22640 Smurfit-Stone Container Corp Common Stock 832727101 89 5200 SH SOLE 5200 Southern Co Common Stock 842587107 70224 2650950 SH SOLE 2650950 SPX Corp Common Stock 784635104 93 655 SH SOLE 655 St Jude Medical Inc Common Stock 790849103 84 1090 SH SOLE 1090 Swisscom AG ADRs 871013108 20930 700000 SH SOLE 700000 Taubman Centers Inc Common Stock 876664103 407 27000 SH SOLE 27000 TECO Energy Inc Common Stock 872375100 28630 1000000 SH SOLE 1000000 Telecom New Zealand ADRs 879278208 14496 856250 SH SOLE 856250 Telstra ADRs 87969N204 15225 1068400 SH SOLE 1068400 Teradyne Inc Common Stock 880770102 94 2395 SH SOLE 2395 TEXAS INSTRUMENTS INC. Common Stock 882508104 376 11375 SH SOLE 11375 TJX COMPANIES INC Common Stock 872540109 1101 27530 SH SOLE 27530 TMP Worldwide Inc Common Stock 872941109 81 2350 SH SOLE 2350 Toys R Us Inc Common Stock 892335100 21 1180 SH SOLE 1180 TXU Corp Common Stock 873168108 22935 420748 SH SOLE 420748 TXU Corp Convertible Pfd 873168504 22720 400000 SH SOLE 400000 TXU Corp Convertible Pfd 873168207 22631 789100 SH SOLE 789100 TYCO International Ltd Common Stock 902124106 330 10204 SH SOLE 10204 U.S. BANCORP Common Stock 902973304 305 13483 SH SOLE 13483 UNION PACIFIC CORPORATION Common Stock 907818108 1220 19631 SH SOLE 19631 Unisys Corp Common Stock 909214108 20 1540 SH SOLE 1540 United Defense Industries Inc Common Stock 91018B104 53 1970 SH SOLE 1970 United Dominion Realty Common Stock 910197102 3362 212300 SH DEFINED 01 191300 21000 UNITED TECHNOLOGIES CORP Common Stock 913017109 1229 16580 SH SOLE 16580 Valero Energy Corp Common Stock 91913Y100 49 985 SH SOLE 985 Vectren Corp Common Stock 92240G101 38535 1500000 SH SOLE 1500000 VERIZON COMMUNICATIONS Common Stock 92343V104 74560 1633258 SH SOLE 1633258 VIACOM INC CL B Common Stock 925524308 1607 33198 SH SOLE 33198 Vishay Intertechnology Inc Common Stock 928298108 36 1775 SH SOLE 1775 Vornado Operating Co Common Stock 92904N103 7 8260 SH DEFINED 01 7695 565 Vornado Realty Trust Common Stock 929042109 28939 655310 SH DEFINED 01 628060 27250 WAL MART STORES INC Common Stock 931142103 7396 120689 SH SOLE 120689 WALGREEN CO Common Stock 931422109 8177 208665 SH SOLE 208665 WEATHERFORD INTERNATIONAL Common Stock 947074100 1708 35860 SH SOLE 35860 Weingarten Realty Invest Common Stock 948741103 11812 229835 SH DEFINED 01 218700 11135 WELLPOINT HEALTH NETWORKS Common Stock 94973H108 4928 77400 SH SOLE 77400 WELLS FARGO & CO (NEW) Common Stock 949746101 1305 26464 SH SOLE 26464 Wendy's Intl Inc Common Stock 950590109 147 4200 SH SOLE 4200 WEYERHAEUSER COMPANY Common Stock 962166104 145 2310 SH SOLE 2310 WGL Holdings Inc Common Stock 92924F106 26860 1000000 SH SOLE 1000000 WHIRLPOOL CORP. Common Stock 963320106 1115 14770 SH SOLE 14770 Williams Cos Inc Convertible Pfd 969457886 15250 595000 SH SOLE 595000 WILLIAMS COS INC Common Stock 969457100 38190 1620973 SH SOLE 1620973 WORLDCOM INC-WORLDCOM GROUP Common Stock 98157D106 2235 331588 SH SOLE 331588 Xerox Corp Common Stock 984121103 42 3890 SH SOLE 3890 Zions Bancorp Common Stock 989701107 133 2240 SH SOLE 2240
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