The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABB Ltd-Spon ADR COM 000375204 810 34,350 SH   SOLE   34,350 0 0
Abbott Labs. COM 002824100 4,653 140,200 SH   SOLE   140,200 0 0
Abbvie Inc COM 00287y109 7,380 165,000 SH   SOLE   165,000 0 0
Adobe Systems COM 00724f101 5,816 111,969 SH   SOLE   111,969 0 0
Aecom Technology Corp COM 00766T100 2,962 94,725 SH   SOLE   94,725 0 0
Aegon NV ADR COM 007924103 83 11,200 SH   SOLE   11,200 0 0
Air Products & Chemicals, Inc. COM 009158106 2,808 26,350 SH   SOLE   26,350 0 0
Akamai Technologies Inc. COM 00971t101 5,426 104,950 SH   SOLE   104,950 0 0
Alcatel-Lucent ADR COM 013904305 70 19,900 SH   SOLE   19,900 0 0
Alcoa Inc. COM 013817101 2,042 251,500 SH   SOLE   251,500 0 0
Allegheny Technologies Inc. COM 01741r102 2,754 90,250 SH   SOLE   90,250 0 0
Allergan, Inc. COM 018490102 4,466 49,370 SH   SOLE   49,370 0 0
AllianceBernstein Holding LP COM 01881G106 232 11,700 SH   SOLE   11,700 0 0
Altria Group, Inc. COM 02209s103 11,496 334,675 SH   SOLE   334,675 0 0
Amdocs Ltd COM G02602103 2,983 81,425 SH   SOLE   81,425 0 0
Amedisys Inc. COM 023436108 964 55,985 SH   SOLE   55,985 0 0
America Movil SA de CV ADR COM 02364w105 590 29,800 SH   SOLE   29,800 0 0
American Express COM 025816109 10,144 134,325 SH   SOLE   134,325 0 0
American States Water Co COM 029899101 909 33,000 SH   SOLE   33,000 0 0
Anadarko Petroleum Corp. COM 032511107 8,748 94,075 SH   SOLE   94,075 0 0
Anheuser-Busch COM 03524a108 8,075 81,400 SH   SOLE   81,400 0 0
Apple Inc COM 037833100 30,047 63,025 SH   SOLE   63,025 0 0
Applied Materials Inc. COM 038222105 329 18,775 SH   SOLE   18,775 0 0
Ares Capital Corp COM 04010L103 1,059 61,275 SH   SOLE   61,275 0 0
Arthur J. Gallagher & Co. COM 363576109 5,910 135,400 SH   SOLE   135,400 0 0
AstraZeneca Group PLC ADR COM 046353108 684 13,175 SH   SOLE   13,175 0 0
AT&T Inc. COM 00206R102 14,594 431,528 SH   SOLE   431,528 0 0
Atmos Energy Corp. COM 049560105 2,123 49,850 SH   SOLE   49,850 0 0
AXA SA COM 054536107 610 26,300 SH   SOLE   26,300 0 0
Baker Hughes COM 057224107 4,839 98,550 SH   SOLE   98,550 0 0
Banco Bilbao Vizcaya Argentari COM 05946K101 1,194 106,836 SH   SOLE   106,836 0 0
Banco Santander Central Hispan COM 05964h105 525 64,300 SH   SOLE   64,300 0 0
Bank of New York Mellon Corp. COM 064058100 7,584 251,207 SH   SOLE   251,207 0 0
Barclays PLC ADR COM 06738e204 648 38,000 SH   SOLE   38,000 0 0
BASF SE ADR COM 055262505 1,387 14,450 SH   SOLE   14,450 0 0
Baxter International, Inc. COM 071813109 2,805 42,700 SH   SOLE   42,700 0 0
BB&T Corporation COM 054937107 3,223 95,500 SH   SOLE   95,500 0 0
Bed Bath & Beyond Inc. COM 075896100 7,399 95,650 SH   SOLE   95,650 0 0
BG Group Plc ADR COM 055434203 1,529 80,000 SH   SOLE   80,000 0 0
BHP Billiton Ltd. ADR COM 088606108 1,495 22,475 SH   SOLE   22,475 0 0
Blackstone Group LP COM 09253u108 4,541 182,450 SH   SOLE   182,450 0 0
Block H&R COM 093671105 6,762 253,625 SH   SOLE   253,625 0 0
Boardwalk Pipeline Partners L. COM 096627104 2,317 76,300 SH   SOLE   76,300 0 0
Boeing Company COM 097023105 15,487 131,800 SH   SOLE   131,800 0 0
Boston Properties Inc COM 101121101 1,293 12,100 SH   SOLE   12,100 0 0
Boston Scientific COM 101137107 155 13,200 SH   SOLE   13,200 0 0
BP plc ADR COM 055622104 3,495 83,150 SH   SOLE   83,150 0 0
BRE Properties COM 05564E106 3,432 67,615 SH   SOLE   67,615 0 0
British American Tob SP ADR COM 110448107 1,285 12,225 SH   SOLE   12,225 0 0
Broadcom Corp COM 111320107 2,919 112,200 SH   SOLE   112,200 0 0
BT Group PLC ADR COM 05577e101 1,023 18,500 SH   SOLE   18,500 0 0
California Water Service Group COM 130788102 553 27,200 SH   SOLE   27,200 0 0
Calpine Corp COM 131347304 3,087 158,875 SH   SOLE   158,875 0 0
Cameron International Corp COM 13342B105 4,541 77,800 SH   SOLE   77,800 0 0
Canon Inc. ADR COM 138006309 790 24,675 SH   SOLE   24,675 0 0
Capital One Financial COM 14040H105 5,752 83,675 SH   SOLE   83,675 0 0
Carefusion Corp. COM 14170T101 3,383 91,675 SH   SOLE   91,675 0 0
Caterpillar Inc. COM 149123101 3,916 46,950 SH   SOLE   46,950 0 0
CBS Corp. COM 124857202 6,250 113,300 SH   SOLE   113,300 0 0
Celgene Corp. COM 151020104 17,010 110,355 SH   SOLE   110,355 0 0
Cemex SAB de CV ADR COM 151290889 186 16,596 SH   SOLE   16,596 0 0
CenturyLink Inc. COM 156700106 1,294 41,223 SH   SOLE   41,223 0 0
Charles Schwab Corp. COM 808513105 6,025 285,000 SH   SOLE   285,000 0 0
Chesapeake Energy Corp COM 165167107 3,239 125,150 SH   SOLE   125,150 0 0
Cheung Kong Limited ADR COM 166744201 624 41,000 SH   SOLE   41,000 0 0
Chevron Corp. COM 166764100 25,118 206,736 SH   SOLE   206,736 0 0
Church & Dwight Co. COM 171340102 5,801 96,600 SH   SOLE   96,600 0 0
Cincinnati Financial COM 172062101 684 14,500 SH   SOLE   14,500 0 0
Cinemark Holdings Inc. COM 17243v102 2,619 82,500 SH   SOLE   82,500 0 0
Cisco Systems COM 17275R102 12,903 550,700 SH   SOLE   550,700 0 0
CIT Group COM 125581801 1,746 35,800 SH   SOLE   35,800 0 0
Cliffs Natural Resources Inc COM 18683k101 1,667 81,325 SH   SOLE   81,325 0 0
CMS Energy Corp. COM 125896100 3,779 143,575 SH   SOLE   143,575 0 0
Coach Inc COM 189754104 2,766 50,725 SH   SOLE   50,725 0 0
Coca-Cola COM 191216100 920 24,300 SH   SOLE   24,300 0 0
Cognizant Tech Solutions Corp. COM 192446102 3,209 39,075 SH   SOLE   39,075 0 0
Columbia Sportswear Co COM 198516106 2,424 40,250 SH   SOLE   40,250 0 0
Comerica, Inc. COM 200340107 826 21,000 SH   SOLE   21,000 0 0
Companhia De Bebidas-Prf ADR COM 20441W203 892 23,250 SH   SOLE   23,250 0 0
Companhia Vale do Rio Doce ADR COM 91912e105 221 14,150 SH   SOLE   14,150 0 0
Consolidated Edison COM 209115104 1,252 22,713 SH   SOLE   22,713 0 0
Constellation Brands COM 21036p108 4,045 70,475 SH   SOLE   70,475 0 0
Continental Resources Inc COM 212015101 4,754 44,325 SH   SOLE   44,325 0 0
Cooper Tire & Rubber Co. COM 216831107 770 25,000 SH   SOLE   25,000 0 0
Corning Inc. COM 219350105 3,955 271,075 SH   SOLE   271,075 0 0
Costco Co. COM 22160k105 4,892 42,475 SH   SOLE   42,475 0 0
Covidien PLC COM G2554f113 4,901 80,425 SH   SOLE   80,425 0 0
Cummins Inc COM 231021106 5,152 38,775 SH   SOLE   38,775 0 0
CVS Caremark Corp. COM 126650100 8,944 157,604 SH   SOLE   157,604 0 0
Daimler AG ADR COM D1668R123 1,266 16,200 SH   SOLE   16,200 0 0
Danaher Corp. COM 235851102 11,358 163,850 SH   SOLE   163,850 0 0
Danone ADR COM 23636t100 557 37,000 SH   SOLE   37,000 0 0
Darden Restaurants Inc. COM 237194105 6,488 140,150 SH   SOLE   140,150 0 0
Davita Healthcare Partners Inc COM 23918K108 5,403 94,950 SH   SOLE   94,950 0 0
DCP Midstream Partners LP COM 23311p100 1,827 36,800 SH   SOLE   36,800 0 0
DDR Corp COM 23317h102 271 17,221 SH   SOLE   17,221 0 0
Deutsche Bank ADR COM D18190898 445 9,700 SH   SOLE   9,700 0 0
Deutsche Telekom AG ADR COM 251566105 978 67,400 SH   SOLE   67,400 0 0
Diageo PLC ADR COM 25243q205 1,439 11,325 SH   SOLE   11,325 0 0
Diamond Offshore Drilling COM 25271c102 1,597 25,625 SH   SOLE   25,625 0 0
Diebold Inc COM 253651103 1,124 38,300 SH   SOLE   38,300 0 0
Digital Realty COM 253868103 1,285 24,200 SH   SOLE   24,200 0 0
DirectTV COM 25490a309 5,492 91,875 SH   SOLE   91,875 0 0
Dollar General COM 256677105 4,117 72,925 SH   SOLE   72,925 0 0
Dominion Resources COM 25746u109 3,485 55,775 SH   SOLE   55,775 0 0
Donnelley (R.R.) & Sons COM 257867101 424 26,900 SH   SOLE   26,900 0 0
Dr. Pepper Snapple Group, Inc COM 26138e109 247 5,520 SH   SOLE   5,520 0 0
Du Pont (E.I.) De Nemours & Co COM 263534109 11,366 194,096 SH   SOLE   194,096 0 0
Duke Energy Corp. COM 26441C204 6,354 95,146 SH   SOLE   95,146 0 0
Duke Realty Corp. COM 264411505 1,217 78,800 SH   SOLE   78,800 0 0
Embraer SA COM 29082a107 208 6,400 SH   SOLE   6,400 0 0
EMC Corp. COM 268648102 7,140 279,350 SH   SOLE   279,350 0 0
Enbridge Energy Partners LP COM 29250r106 3,042 99,900 SH   SOLE   99,900 0 0
Endo Health Solutions Inc COM 29264F205 5,205 114,550 SH   SOLE   114,550 0 0
Energizer Holdings Inc COM 29266R108 5,945 65,225 SH   SOLE   65,225 0 0
ENI SPA ADR COM 26874r108 1,106 24,025 SH   SOLE   24,025 0 0
Enterprise Products Partners L COM 293792107 2,545 41,700 SH   SOLE   41,700 0 0
EOG Resources COM 26875p101 7,410 43,775 SH   SOLE   43,775 0 0
Equity Residential Properties COM 29476l107 2,748 51,300 SH   SOLE   51,300 0 0
Ericsson COM 294821608 1,378 103,200 SH   SOLE   103,200 0 0
Ethan Allen Interiors Inc. COM 297602104 276 9,900 SH   SOLE   9,900 0 0
Exelon Corp. COM 30161n101 1,057 35,675 SH   SOLE   35,675 0 0
Express COM 30219e103 3,004 127,325 SH   SOLE   127,325 0 0
Express Scripts Holding Compan COM 30219g108 4,898 79,250 SH   SOLE   79,250 0 0
Exxon Mobil Corp. COM 30231g102 32,007 372,000 SH   SOLE   372,000 0 0
F5 Networks Inc. COM 315616102 2,960 34,500 SH   SOLE   34,500 0 0
Fedex Corp. COM 31428x106 3,683 32,275 SH   SOLE   32,275 0 0
Fifth Street Finance Corp COM 31678a103 1,062 103,250 SH   SOLE   103,250 0 0
Fifth Third Bancorp COM 316773100 3,256 180,400 SH   SOLE   180,400 0 0
Finisar Corp COM 31787a507 3,277 144,800 SH   SOLE   144,800 0 0
Flowserve Corp. COM 34354P105 7,702 123,450 SH   SOLE   123,450 0 0
FMC Technologies Inc COM 30249U101 5,259 94,900 SH   SOLE   94,900 0 0
Fomento Economico Mexicana-SP COM 344419106 694 7,150 SH   SOLE   7,150 0 0
Freeport-McMoRan Copper & Gold COM 35671d857 5,198 157,125 SH   SOLE   157,125 0 0
Frontier Communications Corp COM 35906a108 583 139,428 SH   SOLE   139,428 0 0
General Electric Co. COM 369604103 23,995 1,004,400 SH   SOLE   1,004,400 0 0
General Growth Properties COM 370023103 354 18,331 SH   SOLE   18,331 0 0
Genuine Parts Co. COM 372460105 2,548 31,500 SH   SOLE   31,500 0 0
Gilead Science Inc COM 375558103 16,694 265,525 SH   SOLE   265,525 0 0
GlaxoSmithKline plc ADR COM 37733W105 1,831 36,500 SH   SOLE   36,500 0 0
Goldman Sachs Group COM 38141g104 9,342 59,050 SH   SOLE   59,050 0 0
Goodyear Tire & Rubber Company COM 382550101 5,089 226,675 SH   SOLE   226,675 0 0
Google Inc. Cl A COM 38259P508 22,314 25,475 SH   SOLE   25,475 0 0
Grupo Televisa SA ADR COM 40049j206 305 10,925 SH   SOLE   10,925 0 0
Halliburton Co. COM 406216101 7,337 152,375 SH   SOLE   152,375 0 0
Harman International Industrie COM 413086109 742 11,200 SH   SOLE   11,200 0 0
HCP Inc COM 40414L109 2,590 63,250 SH   SOLE   63,250 0 0
Health Care REIT, Inc. COM 42217k106 1,831 29,350 SH   SOLE   29,350 0 0
Hellenic Telecom Organization COM 423325307 229 44,000 SH   SOLE   44,000 0 0
Hess Corporation COM 42809h107 4,248 54,925 SH   SOLE   54,925 0 0
Hitachi Ltd. ADR COM 433578507 626 9,500 SH   SOLE   9,500 0 0
Hologic Inc COM 436440101 3,710 179,650 SH   SOLE   179,650 0 0
Home Depot, Inc. COM 437076102 14,404 189,900 SH   SOLE   189,900 0 0
Home Properties Inc COM 437306103 1,038 17,975 SH   SOLE   17,975 0 0
Honda Motor Co Ltd. ADR COM 438128308 1,987 52,100 SH   SOLE   52,100 0 0
Honeywell International, Inc. COM 438516106 9,753 117,450 SH   SOLE   117,450 0 0
HSBC Holdings ADR COM 404280406 776 14,300 SH   SOLE   14,300 0 0
Hunt (J.B.) Transport COM 445658107 1,116 15,300 SH   SOLE   15,300 0 0
Hutchison Whampoa Limited ADR COM 448415208 940 39,250 SH   SOLE   39,250 0 0
Icon PLC ADR COM G4705A100 303 7,400 SH   SOLE   7,400 0 0
Infosys Ltd COM 456788108 1,871 38,900 SH   SOLE   38,900 0 0
Ing Groep NV ADR COM 456837103 161 14,200 SH   SOLE   14,200 0 0
Intel Corp. COM 458140100 14,312 624,400 SH   SOLE   624,400 0 0
International Business Machine COM 459200101 11,000 59,400 SH   SOLE   59,400 0 0
International Game Technology COM 459902102 386 20,400 SH   SOLE   20,400 0 0
Intesa Sanpaolo ADR COM 46115h107 149 12,041 SH   SOLE   12,041 0 0
Invesco Ltd COM g491bt108 6,155 192,950 SH   SOLE   192,950 0 0
Itau Unibanco Holding SA ADR COM 465562106 387 27,387 SH   SOLE   27,387 0 0
Itron, Inc. COM 465741106 1,865 43,550 SH   SOLE   43,550 0 0
Johnson & Johnson COM 478160104 19,672 226,925 SH   SOLE   226,925 0 0
Johnson Controls, Inc. COM 478366107 6,059 146,000 SH   SOLE   146,000 0 0
Jones Group Inc The COM 48020t101 290 19,300 SH   SOLE   19,300 0 0
Joy Global Inc. COM 481165108 1,965 38,500 SH   SOLE   38,500 0 0
JPMorgan Chase & Co. COM 46625h100 17,673 341,907 SH   SOLE   341,907 0 0
KB Financial Group Inc ADR COM 48241a105 258 7,375 SH   SOLE   7,375 0 0
Kellogg Co. COM 487836108 2,161 36,800 SH   SOLE   36,800 0 0
Kennametal Inc. COM 489170100 816 17,900 SH   SOLE   17,900 0 0
Kimco Realty Corp. COM 49446r109 1,719 85,175 SH   SOLE   85,175 0 0
Kinder Morgan Inc. COM 49456b101 4,978 139,937 SH   SOLE   139,937 0 0
Kirin Holdings Co ADR COM 497350306 441 30,300 SH   SOLE   30,300 0 0
Koninklijke KPN NV ADR COM 780641205 53 16,600 SH   SOLE   16,600 0 0
Koninklijke Philips NV COM 500472303 303 9,400 SH   SOLE   9,400 0 0
Kraft Foods Group Inc. COM 50076q106 588 11,211 SH   SOLE   11,211 0 0
Kubota Corp-Spon ADR COM 501173207 352 4,875 SH   SOLE   4,875 0 0
L Brands Inc COM 501797104 6,843 112,000 SH   SOLE   112,000 0 0
Leggett & Platt COM 524660107 1,025 34,000 SH   SOLE   34,000 0 0
Lexington Realty Trust COM 529043101 694 61,755 SH   SOLE   61,755 0 0
Liberty Property Trust COM 531172104 2,175 61,100 SH   SOLE   61,100 0 0
Lilly (Eli) & Co. COM 532457108 8,999 178,800 SH   SOLE   178,800 0 0
Linear Technology Corp. COM 535678106 1,676 42,250 SH   SOLE   42,250 0 0
Logitech International SA COM H50430232 372 42,020 SH   SOLE   42,020 0 0
Lorillard Inc. COM 544147101 2,629 58,700 SH   SOLE   58,700 0 0
Lowe's Co. COM 548661107 11,479 241,100 SH   SOLE   241,100 0 0
Luxottica Group SPA ADR COM 55068r202 379 7,200 SH   SOLE   7,200 0 0
Macerich Co. COM 554382101 1,226 21,719 SH   SOLE   21,719 0 0
Mack-Cali Realty Corp. COM 554489104 658 30,000 SH   SOLE   30,000 0 0
Mallinckrodt PLC COM g5785g107 443 10,050 SH   SOLE   10,050 0 0
Marsh & McLennan Companies, In COM 571748102 10,966 251,800 SH   SOLE   251,800 0 0
Mattel Inc. COM 577081102 7,672 183,200 SH   SOLE   183,200 0 0
Maxim Integrated Products, Inc COM 57772k101 4,642 155,675 SH   SOLE   155,675 0 0
McCormick & Co. COM 579780206 5,698 88,075 SH   SOLE   88,075 0 0
McDonald's Corp. COM 580135101 8,512 88,475 SH   SOLE   88,475 0 0
Mercadolibre Inc COM 58733r102 779 5,775 SH   SOLE   5,775 0 0
Merck & Co., Inc. COM 58933y105 12,321 258,800 SH   SOLE   258,800 0 0
Metlife Inc COM 59156R108 7,243 154,275 SH   SOLE   154,275 0 0
Microsoft Corp COM 594918104 22,765 684,048 SH   SOLE   684,048 0 0
Mitsubishi UFJ Financial Group COM 606822104 1,753 273,550 SH   SOLE   273,550 0 0
Mitsui & Co Ltd-Spons ADR COM 606827202 414 1,425 SH   SOLE   1,425 0 0
Molson Coors Brewing Company COM 60871r209 4,757 94,900 SH   SOLE   94,900 0 0
Mondelez International Inc COM 609207105 1,057 33,636 SH   SOLE   33,636 0 0
Monsanto Co. COM 61166w101 4,890 46,850 SH   SOLE   46,850 0 0
Morgan Stanley, Dean Witter, D COM 617446448 5,792 214,900 SH   SOLE   214,900 0 0
Mylan Inc. COM 628530107 8,081 211,700 SH   SOLE   211,700 0 0
National Fuel Gas Co. COM 636180101 619 9,000 SH   SOLE   9,000 0 0
National Oilwell Varco Inc COM 637071101 5,724 73,275 SH   SOLE   73,275 0 0
New York Community Bancorp COM 649445103 2,024 133,925 SH   SOLE   133,925 0 0
NextEra Energy Inc COM 65339f101 3,352 41,816 SH   SOLE   41,816 0 0
Nippon Telegraph & Telephone C COM 654624105 1,638 62,850 SH   SOLE   62,850 0 0
Nisource Inc. COM 65473P105 5,383 174,250 SH   SOLE   174,250 0 0
Norsk Hydro ASA ADR COM 656531605 83 20,000 SH   SOLE   20,000 0 0
Northrop Grumman Corp. COM 666807102 4,770 50,075 SH   SOLE   50,075 0 0
Novartis ADR COM 66987v109 2,577 33,600 SH   SOLE   33,600 0 0
Novo Nordisk ADR COM 670100205 2,098 12,400 SH   SOLE   12,400 0 0
Nuance Communications Inc COM 67020y100 3,491 186,875 SH   SOLE   186,875 0 0
Occidental Petroleum COM 674599105 7,338 78,450 SH   SOLE   78,450 0 0
Oracle Corp. COM 68389x105 14,605 440,300 SH   SOLE   440,300 0 0
Orange SA Adr COM 684060106 457 36,500 SH   SOLE   36,500 0 0
Panasonic Corp ADR COM 69832a205 665 68,800 SH   SOLE   68,800 0 0
Park National COM 700658107 253 3,200 SH   SOLE   3,200 0 0
Parker Hannifin COM 701094104 913 8,400 SH   SOLE   8,400 0 0
Pepco Holdings, Inc. COM 713291102 1,590 86,109 SH   SOLE   86,109 0 0
PepsiCo, Inc. COM 713448108 10,108 127,150 SH   SOLE   127,150 0 0
Petroleo Brasileiro SA ADR COM 71654v408 282 18,200 SH   SOLE   18,200 0 0
Petsmart Inc. COM 716768106 1,258 16,500 SH   SOLE   16,500 0 0
Pfizer, Inc. COM 717081103 15,932 554,624 SH   SOLE   554,624 0 0
Philip Morris International In COM 718172109 3,308 38,200 SH   SOLE   38,200 0 0
Pinnacle West Capital COM 723484101 706 12,900 SH   SOLE   12,900 0 0
Pitney Bowes Inc. COM 724479100 364 20,000 SH   SOLE   20,000 0 0
Plains All American Pipeline L COM 726503105 3,002 57,000 SH   SOLE   57,000 0 0
PNC Financial Services Group COM 693475105 12,017 165,862 SH   SOLE   165,862 0 0
Polaris Industries COM 731068102 2,067 16,000 SH   SOLE   16,000 0 0
Portugal Telecom SGPS SA ADR COM 737273102 48 10,800 SH   SOLE   10,800 0 0
Potash Corp of Saskatchewan In COM 73755L107 860 27,500 SH   SOLE   27,500 0 0
PPG Industries, Inc. COM 693506107 806 4,825 SH   SOLE   4,825 0 0
PPL Corp. COM 69351t106 2,212 72,800 SH   SOLE   72,800 0 0
Praxair, Inc. COM 74005P104 4,370 36,350 SH   SOLE   36,350 0 0
Principal Financial Group COM 74251V102 8,817 205,900 SH   SOLE   205,900 0 0
Procter & Gamble, Inc. COM 742718109 21,022 278,100 SH   SOLE   278,100 0 0
Prospect Capital Corp COM 74348t102 1,048 93,825 SH   SOLE   93,825 0 0
Prudential Financial, Inc. COM 744320102 13,960 179,025 SH   SOLE   179,025 0 0
Public Service Enterprise Grou COM 744573106 1,271 38,600 SH   SOLE   38,600 0 0
Qualcomm Inc. COM 747525103 13,582 201,750 SH   SOLE   201,750 0 0
Quest Diagnostics Inc COM 74834L100 674 10,900 SH   SOLE   10,900 0 0
Regal Entertainment Group - A COM 758766109 3,404 179,325 SH   SOLE   179,325 0 0
Regions Financial Corp. COM 7591EP100 172 18,610 SH   SOLE   18,610 0 0
Repsol SA COM 76026T205 290 11,700 SH   SOLE   11,700 0 0
Reynolds American Inc. COM 761713106 1,619 33,200 SH   SOLE   33,200 0 0
Rio Tinto Plc ADR COM 767204100 712 14,600 SH   SOLE   14,600 0 0
Roche Holdings Ltd-Spons ADR COM 771195104 988 14,650 SH   SOLE   14,650 0 0
Rockwell Collins Inc. COM 774341101 6,365 93,800 SH   SOLE   93,800 0 0
Royal Dutch Shell PLC COM 780259206 2,624 39,950 SH   SOLE   39,950 0 0
Ryder Systems, Inc. COM 783549108 501 8,400 SH   SOLE   8,400 0 0
Sandisk Corp. COM 80004c101 428 7,200 SH   SOLE   7,200 0 0
Sanofi COM 80105n105 1,995 39,400 SH   SOLE   39,400 0 0
Santos Limited ADR COM 803021708 632 44,800 SH   SOLE   44,800 0 0
SAP ADR COM 803054204 1,538 20,800 SH   SOLE   20,800 0 0
Scana Corp COM 80589M102 1,040 22,596 SH   SOLE   22,596 0 0
Schlumberger Ltd. COM 806857108 11,694 132,350 SH   SOLE   132,350 0 0
Seadrill Ltd COM G7945e105 3,065 68,000 SH   SOLE   68,000 0 0
Sealed Air Corp. COM 81211k100 2,217 81,550 SH   SOLE   81,550 0 0
Sensata Technologies Holding COM N7902X106 474 12,375 SH   SOLE   12,375 0 0
Shinhan Financial Grp ADR COM 824596100 381 9,400 SH   SOLE   9,400 0 0
Ship Finance Intl Ltd COM g81075106 1,064 69,700 SH   SOLE   69,700 0 0
Simon Property Group, Inc. COM 828806109 1,968 13,277 SH   SOLE   13,277 0 0
Singapore Telecom-SP ADR COM 82929R304 1,000 33,630 SH   SOLE   33,630 0 0
Sony Corp. ADR COM 835699307 603 28,000 SH   SOLE   28,000 0 0
Southern Co. COM 842587107 4,209 102,211 SH   SOLE   102,211 0 0
Spectra Energy Corp COM 847560109 2,709 79,150 SH   SOLE   79,150 0 0
Starwood Hotels & Resorts Inc. COM 85590A401 6,486 97,600 SH   SOLE   97,600 0 0
State Street Corp. COM 857477103 7,205 109,575 SH   SOLE   109,575 0 0
Statoil ASA ADR COM 85771P102 391 17,242 SH   SOLE   17,242 0 0
Subsea 7 Sa COM 864323100 573 27,550 SH   SOLE   27,550 0 0
Swisscom AG ADR COM 871013108 365 7,600 SH   SOLE   7,600 0 0
Symantec Corp. COM 871503108 2,996 121,063 SH   SOLE   121,063 0 0
Syngenta AG ADR COM 87160a100 703 8,650 SH   SOLE   8,650 0 0
Synopsys Inc. COM 871607107 750 19,900 SH   SOLE   19,900 0 0
Syntel, Inc. COM 87162H103 575 7,175 SH   SOLE   7,175 0 0
Taiwan Semiconductor Manufactu COM 874039100 990 58,386 SH   SOLE   58,386 0 0
Target Corp. COM 87612e106 10,593 165,575 SH   SOLE   165,575 0 0
Telecom Italia ADR COM 87927y102 172 21,140 SH   SOLE   21,140 0 0
Telefonica SA ADR COM 879382208 757 48,883 SH   SOLE   48,883 0 0
Telenor ASA COM 87944W105 617 9,000 SH   SOLE   9,000 0 0
Tenaris SA-ADR COM 88031M109 276 5,900 SH   SOLE   5,900 0 0
Teradata Corp COM 88076w103 2,531 45,650 SH   SOLE   45,650 0 0
Tessera Technologies Inc. COM 88164L100 2,845 147,100 SH   SOLE   147,100 0 0
Teva Pharmaceutical Industries COM 881624209 617 16,325 SH   SOLE   16,325 0 0
Texas Instruments COM 882508104 7,780 193,100 SH   SOLE   193,100 0 0
The Mosaic Co COM 61945c103 1,649 38,325 SH   SOLE   38,325 0 0
The Travelers Companies, Inc. COM 89417E109 13,627 160,751 SH   SOLE   160,751 0 0
Thermo Fisher Scientific Inc COM 883556102 6,077 65,950 SH   SOLE   65,950 0 0
Tibco Software COM 88632Q103 558 21,800 SH   SOLE   21,800 0 0
Tiffany & Co. COM 886547108 3,400 44,375 SH   SOLE   44,375 0 0
Timken Co COM 887389104 1,033 17,100 SH   SOLE   17,100 0 0
Tokio Marine Holdings Inc ADR COM 889094108 792 24,250 SH   SOLE   24,250 0 0
Tornier NV COM n87237108 399 20,650 SH   SOLE   20,650 0 0
Total SA ADR COM 89151e109 1,992 34,400 SH   SOLE   34,400 0 0
Toyota Motor Corp. ADR COM 892331307 4,583 35,800 SH   SOLE   35,800 0 0
Transcanada Pipelines Ltd COM 89353d107 1,698 38,650 SH   SOLE   38,650 0 0
Transocean Ltd COM H8817H100 1,657 37,238 SH   SOLE   37,238 0 0
Tupperware Brands Corp COM 899896104 2,816 32,600 SH   SOLE   32,600 0 0
U.S. Bancorp COM 902973304 10,097 276,017 SH   SOLE   276,017 0 0
UBS AG COM H89231338 613 29,850 SH   SOLE   29,850 0 0
Unilever PLC ADR COM 904767704 1,414 36,640 SH   SOLE   36,640 0 0
Union Pacific COM 907818108 4,513 29,050 SH   SOLE   29,050 0 0
United Health Group Inc. COM 91324P102 8,484 118,475 SH   SOLE   118,475 0 0
United Parcel Services Cl B COM 911312106 9,416 103,050 SH   SOLE   103,050 0 0
United Technologies COM 913017109 10,987 101,900 SH   SOLE   101,900 0 0
Varian Medical Systems Inc COM 92220P105 4,801 64,250 SH   SOLE   64,250 0 0
Verifone Holdings Inc COM 92342Y109 2,879 125,950 SH   SOLE   125,950 0 0
Verizon Communications Inc. COM 92343v104 13,496 289,150 SH   SOLE   289,150 0 0
Vodafone Group PLC ADR COM 92857w209 2,025 57,574 SH   SOLE   57,574 0 0
Volvo AB ADR COM 928856400 328 21,875 SH   SOLE   21,875 0 0
Vulcan Materials COM 929160109 1,394 26,900 SH   SOLE   26,900 0 0
Waddell & Reed Financial, Inc. COM 930059100 1,066 20,700 SH   SOLE   20,700 0 0
Wal-Mart COM 931142103 12,011 162,400 SH   SOLE   162,400 0 0
Walgreen Co. COM 931422109 6,968 129,525 SH   SOLE   129,525 0 0
Walt Disney Co. COM 254687106 17,470 270,900 SH   SOLE   270,900 0 0
Weingarten Realty Investors COM 948741103 2,247 76,625 SH   SOLE   76,625 0 0
WellPoint, Inc. COM 94973V107 5,777 69,100 SH   SOLE   69,100 0 0
Wells Fargo Co. COM 949746101 14,850 359,393 SH   SOLE   359,393 0 0
Western Gas Partners COM 958254104 598 9,950 SH   SOLE   9,950 0 0
Westpac Banking Corp. Ltd ADR COM 961214301 4,662 152,000 SH   SOLE   152,000 0 0
Williams Cos. COM 969457100 2,425 66,700 SH   SOLE   66,700 0 0
Windstream Holdings Inc COM 97382a101 3,481 435,663 SH   SOLE   435,663 0 0
Wisconsin Energy Corp. COM 976657106 3,648 90,350 SH   SOLE   90,350 0 0
WPP PLC ADR COM 92937a102 576 5,600 SH   SOLE   5,600 0 0
Xerox Corp. COM 984121103 3,332 323,850 SH   SOLE   323,850 0 0
Zoetis COM 98978v103 2,679 86,075 SH   SOLE   86,075 0 0
Kinder Morgan Inc Del Warrant COM 49456b119 501 100,903 SH   SOLE   100,903 0 0
Wisdomtree Emerging Markets Eq COM 97717w315 8,155 157,775 SH   SOLE   157,775 0 0