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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-Q
Quarterly Schedule of Portfolio Holdings of Registered
Management Investment Company
Investment Company Act file number: 811-21786
ING Global Advantage and Premium Opportunity Fund
(Exact name of registrant as specified in charter)
|
7337 East Doubletree Ranch Rd., Scottsdale, AZ 85258 |
|
(Address of principal executive offices) (Zip code) |
Huey P. Falgout, Jr., 7337 East Doubletree Ranch Road, Scottsdale, AZ 85258
(Name and address of agent for service)
Registrant’s telephone number, including area code: 1-800-992-0180
|
Date of fiscal year end: |
February 28 |
|
|
|
|
Date of reporting period: |
November 30, 2006 |
Item 1. Schedule of Investments
The schedules of investments as of the close of the reporting period are set forth below for:
ING Global Advantage and Premium Opportunity Fund
The schedules are not audited.
|
PORTFOLIO OF INVESTMENTS |
|
|
ING Global Advantage and Premium Opportunity Fund |
as of November 30, 2006 (Unaudited) |
|
Shares |
|
|
|
|
|
Value |
|
|
|
COMMON STOCK: 100.5% |
|
|
|
|
|
|||
|
|
|
|
|
Australia: 2.3% |
|
|
|
|
|
8,679 |
|
|
|
BHP Billiton Ltd. |
|
$ |
179,643 |
|
|
173,048 |
|
|
|
BlueScope Steel Ltd. |
|
1,088,661 |
|
|
|
8,910 |
|
|
|
Boral Ltd. |
|
52,049 |
|
|
|
17,431 |
|
|
|
Brambles Industries Ltd. |
|
177,403 |
|
|
|
11,033 |
|
|
|
Centro Properties Group |
|
74,811 |
|
|
|
31,886 |
|
|
|
CFS Retail Property Trust |
|
53,332 |
|
|
|
11,290 |
|
|
|
Coca-Cola Amatil Ltd. |
|
66,559 |
|
|
|
26,846 |
|
|
|
Coles Myer Ltd. |
|
280,552 |
|
|
|
3,053 |
|
|
|
CSL Ltd. |
|
142,365 |
|
|
|
78,195 |
|
|
|
CSR Ltd. |
|
197,162 |
|
|
|
52,097 |
|
|
|
Foster’s Group Ltd. |
|
274,703 |
|
|
|
107,720 |
|
|
|
GPT Group |
|
438,203 |
|
|
|
69,865 |
|
|
|
Insurance Australia Group Ltd. |
|
318,034 |
|
|
|
31,730 |
|
|
|
John Fairfax Holdings Ltd. |
|
129,972 |
|
|
|
20,843 |
|
|
|
Macquarie Airports Management Ltd. |
|
58,301 |
|
|
|
42,085 |
|
|
|
Macquarie Office Trust |
|
51,489 |
|
|
|
21,609 |
|
|
|
National Australia Bank Ltd. |
|
666,106 |
|
|
|
29,549 |
|
|
|
OneSteel Ltd. |
|
102,450 |
|
|
|
34,523 |
|
|
|
Pacific Brands Ltd. |
|
72,407 |
|
|
|
93,855 |
|
|
|
Qantas Airways Ltd. |
|
365,640 |
|
|
|
9,935 |
|
|
|
Rio Tinto Ltd. |
|
579,326 |
|
|
|
48,524 |
|
|
|
Santos Ltd. |
|
391,939 |
|
|
|
70,621 |
|
|
|
Stockland |
|
438,867 |
|
|
|
108,766 |
|
|
|
Suncorp-Metway Ltd. |
|
1,752,822 |
|
|
|
55,647 |
|
|
|
Symbion Health Ltd. |
|
154,540 |
|
|
|
39,290 |
|
|
|
TABCORP Holdings Ltd. |
|
505,232 |
|
|
|
33,577 |
|
|
|
Telstra Corp., Ltd. |
|
99,609 |
|
|
|
1,830 |
|
|
|
Wesfarmers Ltd. |
|
50,476 |
|
|
|
|
|
|
|
|
|
8,762,653 |
|
|
|
|
|
|
|
Austria: 0.2% |
|
|
|
|
|
1,104 |
|
|
|
Boehler-Uddeholm AG |
|
70,312 |
|
|
|
2,409 |
|
|
|
bwin Interactive Entertainment |
|
53,416 |
|
|
|
31,577 |
|
|
|
IMMOFINANZ Immobilien Anlagen AG |
|
415,494 |
|
|
|
2,366 |
|
|
|
OMV AG |
|
127,286 |
|
|
|
1,876 |
|
|
|
Voestalpine AG |
|
93,385 |
|
|
|
|
|
|
|
|
|
759,893 |
|
|
|
|
|
|
|
Belgium: 0.8% |
|
|
|
|
|
611 |
|
|
|
Delhaize Group |
|
48,723 |
|
|
|
316 |
|
|
|
D’ieteren SA |
|
106,059 |
|
|
|
52,451 |
|
|
|
Fortis |
|
2,141,162 |
|
|
|
4,251 |
|
|
|
KBC Groep NV |
|
479,410 |
|
|
|
698 |
|
|
|
Omega Pharma SA |
|
48,268 |
|
|
|
341 |
|
|
|
Solvay SA |
|
48,580 |
|
|
|
|
|
|
|
|
|
2,872,202 |
|
|
|
|
|
|
|
Bermuda: 0.3% |
|
|
|
|
|
4,350 |
|
|
|
Frontline Ltd. |
|
155,440 |
|
|
|
34,252 |
|
|
|
Tyco International Ltd. |
|
1,037,493 |
|
|
|
|
|
|
|
|
|
1,192,933 |
|
|
|
|
|
|
|
China: 0.0% |
|
|
|
|
|
56,000 |
|
@ |
|
Foxconn International Holdings Ltd. |
|
168,560 |
|
|
|
|
|
|
|
|
|
168,560 |
|
|
|
|
|
|
|
Denmark: 0.4% |
|
|
|
|
|
71 |
|
|
|
AP Moller - Maersk A/S |
|
665,879 |
|
|
|
550 |
|
|
|
Coloplast Group |
|
48,382 |
|
|
|
2,325 |
|
|
|
East Asiatic Co., Ltd. A/S |
|
136,354 |
|
|
|
9,150 |
|
|
|
Novo-Nordisk A/S |
|
707,370 |
|
|
|
600 |
|
|
|
William Demant Holding |
|
47,781 |
|
|
|
|
|
|
|
|
|
1,605,766 |
|
|
|
|
|
|
|
Developed Markets: 0.6% |
|
|
|
|
|
32,400 |
|
|
|
iShares MSCI EAFE Index Fund |
|
2,347,380 |
|
|
|
|
|
|
|
|
|
2,347,380 |
|
|
|
PORTFOLIO OF INVESTMENTS |
|
|
ING Global Advantage and Premium Opportunity Fund |
as of November 30, 2006 (Unaudited) (continued) |
|
Shares |
|
|
|
|
|
Value |
|
|
|
|
|
|
|
Finland: 0.2% |
|
|
|
|
|
1,300 |
|
|
|
Kesko OYJ |
|
$ |
66,579 |
|
|
13,524 |
|
|
|
Nokia OYJ |
|
273,543 |
|
|
|
4,800 |
|
@ |
|
Orion Oyj |
|
99,945 |
|
|
|
12,412 |
|
|
|
Rautaruukki Oyj |
|
454,078 |
|
|
|
|
|
|
|
|
|
894,145 |
|
|
|
|
|
|
|
France: 4.6% |
|
|
|
|
|
660 |
|
|
|
Accor SA |
|
48,059 |
|
|
|
1,462 |
|
|
|
Air France-KLM |
|
58,478 |
|
|
|
126,473 |
|
|
|
Alcatel SA |
|
1,690,006 |
|
|
|
2,688 |
|
|
|
Atos Origin |
|
151,667 |
|
|
|
23,797 |
|
|
|
AXA SA |
|
904,111 |
|
|
|
4,005 |
|
|
|
BNP Paribas |
|
432,669 |
|
|
|
814 |
|
|
|
Bouygues |
|
48,474 |
|
|
|
1,278 |
|
@ |
|
Business Objects SA |
|
49,301 |
|
|
|
2,029 |
|
|
|
Capgemini SA |
|
123,965 |
|
|
|
11,295 |
|
|
|
Cie de Saint-Gobain |
|
904,243 |
|
|
|
3,313 |
|
|
|
Compagnie Generale des Etablissements Michelin |
|
288,386 |
|
|
|
45,775 |
|
|
|
Credit Agricole SA |
|
1,942,420 |
|
|
|
36,579 |
|
|
|
France Telecom SA |
|
952,292 |
|
|
|
5,035 |
|
|
|
Gaz de France |
|
217,949 |
|
|
|
13,407 |
|
|
|
Groupe Danone |
|
2,066,989 |
|
|
|
1,682 |
|
|
|
Lafarge SA |
|
245,106 |
|
|
|
458 |
|
|
|
LVMH Moet Hennessy Louis Vuitton SA |
|
47,643 |
|
|
|
4,090 |
|
|
|
Sanofi-Aventis |
|
360,302 |
|
|
|
14,220 |
|
|
|
Societe Generale |
|
2,389,868 |
|
|
|
11,830 |
|
|
|
Suez SA |
|
568,555 |
|
|
|
9,560 |
|
|
|
Technip SA |
|
672,212 |
|
|
|
18,444 |
|
|
|
Total SA |
|
1,314,526 |
|
|
|
206 |
|
|
|
Unibail |
|
48,658 |
|
|
|
8,534 |
|
|
|
Veolia Environnement |
|
566,262 |
|
|
|
40,952 |
|
|
|
Vivendi |
|
1,579,432 |
|
|
|
|
|
|
|
|
|
17,671,573 |
|
|
|
|
|
|
|
Germany: 4.4% |
|
|
|
|
|
4,460 |
|
|
|
Adidas AG |
|
219,438 |
|
|
|
8,711 |
|
|
|
Allianz AG |
|
1,696,191 |
|
|
|
5,966 |
|
|
|
BASF AG |
|
550,710 |
|
|
|
927 |
|
|
|
Celesio AG |
|
47,476 |
|
|
|
11,301 |
|
|
|
Deutsche Bank AG |
|
1,461,638 |
|
|
|
52,125 |
|
|
|
Deutsche Lufthansa AG |
|
1,309,789 |
|
|
|
4,623 |
|
|
|
Deutsche Post AG |
|
137,774 |
|
|
|
35,004 |
|
|
|
Deutsche Telekom AG |
|
622,157 |
|
|
|
1,938 |
|
|
|
EON AG |
|
249,369 |
|
|
|
12,597 |
|
|
|
Fresenius Medical Care AG & Co. KGaA |
|
1,694,125 |
|
|
|
19,321 |
|
|
|
Hochtief AG |
|
1,297,831 |
|
|
|
2,541 |
|
|
|
KarstadtQuelle AG |
|
70,737 |
|
|
|
7,939 |
|
|
|
Merck KGaA |
|
868,322 |
|
|
|
9,532 |
|
|
|
Muenchener Rueckversicherungs AG |
|
1,557,057 |
|
|
|
430 |
|
|
|
RWE AG |
|
48,767 |
|
|
|
12,425 |
|
|
|
Salzgitter AG |
|
1,498,750 |
|
|
|
3,037 |
|
|
|
Siemens AG |
|
289,886 |
|
|
|
47,139 |
|
|
|
ThyssenKrupp AG |
|
1,822,325 |
|
|
|
2,297 |
|
|
|
TUI AG |
|
48,504 |
|
|
|
9,180 |
|
|
|
Volkswagen AG |
|
1,002,824 |
|
|
|
351 |
|
|
|
Wincor Nixdorf AG |
|
50,508 |
|
|
|
|
|
|
|
|
|
16,544,178 |
|
|
|
|
|
|
|
Greece: 0.2% |
|
|
|
|
|
11,915 |
|
|
|
Coca-Cola Hellenic Bottling Co. SA |
|
435,913 |
|
|
|
7,165 |
|
|
|
Hellenic Petroleum SA |
|
94,877 |
|
|
|
1,064 |
|
|
|
National Bank of Greece SA |
|
48,824 |
|
|
|
|
|
|
|
|
|
579,614 |
|
|
|
|
|
|
|
Hong Kong: 0.8% |
|
|
|
|
|
63,000 |
|
|
|
Cathay Pacific Airways Ltd. |
|
149,865 |
|
|
|
13,500 |
|
|
|
CLP Holdings Ltd. |
|
89,639 |
|
|
|
84,000 |
|
|
|
HongKong Electric Holdings |
|
396,062 |
|
|
|
26,500 |
|
|
|
Kingboard Chemicals Holdings |
|
106,820 |
|
|
|
75,000 |
|
|
|
New World Development Ltd. |
|
136,732 |
|
|
|
73,000 |
|
|
|
Noble Group Ltd. |
|
51,229 |
|
|
|
PORTFOLIO OF INVESTMENTS |
|
|
ING Global Advantage and Premium Opportunity Fund |
as of November 30, 2006 (Unaudited) (continued) |
|
Shares |
|
|
|
|
|
Value |
|
|
|
|
|
|
|
Hong Kong (continued) |
|
|
|
|
|
12,000 |
|
|
|
Orient Overseas International Ltd. |
|
$ |
76,010 |
|
|
118,074 |
|
|
|
PCCW Ltd. |
|
76,654 |
|
|
|
54,000 |
|
|
|
Sino Land Co. |
|
101,194 |
|
|
|
165,000 |
|
|
|
Swire Pacific Ltd. |
|
1,742,525 |
|
|
|
74,000 |
|
|
|
Wharf Holdings Ltd. |
|
258,709 |
|
|
|
|
|
|
|
|
|
3,185,439 |
|
|
|
|
|
|
|
Ireland: 0.2% |
|
|
|
|
|
1,806 |
|
|
|
Allied Irish Banks PLC |
|
50,202 |
|
|
|
3,214 |
|
|
|
Bank of Ireland |
|
69,067 |
|
|
|
40,988 |
|
|
|
Depfa Bank PLC |
|
743,163 |
|
|
|
6,557 |
|
@ |
|
Elan Corp. PLC |
|
93,964 |
|
|
|
|
|
|
|
|
|
956,396 |
|
|
|
|
|
|
|
Italy: 2.1% |
|
|
|
|
|
54,972 |
|
|
|
Autogrill S.p.A. |
|
962,971 |
|
|
|
112,757 |
|
|
|
Banca Intesa S.p.A. |
|
798,175 |
|
|
|
3,562 |
|
|
|
Banche Popolari Unite Scpa |
|
94,406 |
|
|
|
162,799 |
|
|
|
Capitalia S.p.A. |
|
1,501,505 |
|
|
|
12,449 |
|
|
|
Enel S.p.A. |
|
127,141 |
|
|
|
33,967 |
|
|
|
ENI S.p.A. |
|
1,116,370 |
|
|
|
42,350 |
|
@ |
|
Fiat S.p.A. |
|
788,689 |
|
|
|
1,055 |
|
|
|
Fondiaria-Sai S.p.A. |
|
48,594 |
|
|
|
3,842 |
|
|
|
Italcementi S.p.A. |
|
104,443 |
|
|
|
1,341 |
|
|
|
Lottomatica S.p.A. |
|
52,803 |
|
|
|
128,750 |
|
|
|
Pirelli & C S.p.A. |
|
124,577 |
|
|
|
220,411 |
|
|
|
Telecom Italia S.p.A. |
|
670,551 |
|
|
|
573,998 |
|
|
|
Telecom Italia S.p.A. |
|
1,526,447 |
|
|
|
11,669 |
|
|
|
UniCredito Italiano S.p.A. |
|
101,023 |
|
|
|
|
|
|
|
|
|
8,017,695 |
|
|
|
|
|
|
|
Japan: 9.9% |
|
|
|
|
|
2,100 |
|
|
|
Aeon Co., Ltd. |
|
49,238 |
|
|
|
3,800 |
|
|
|
Alfresa Holdings Corp. |
|
242,824 |
|
|
|
5,000 |
|
|
|
Alps Electric Co., Ltd. |
|
48,452 |
|
|
|
5,000 |
|
|
|
Amada Co., Ltd. |
|
50,462 |
|
|
|
1,600 |
|
|
|
Aoyama Trading Co., Ltd. |
|
44,872 |
|
|
|
30,300 |
|
|
|
Arrk Corp. |
|
444,890 |
|
|
|
22,700 |
|
|
|
Asahi Breweries Ltd. |
|
327,065 |
|
|
|
1,400 |
|
|
|
Autobacs Seven Co., Ltd. |
|
50,631 |
|
|
|
6,000 |
|
|
|
Bank of Yokohama Ltd. |
|
45,665 |
|
|
|
14,300 |
|
|
|
Canon, Inc. |
|
752,115 |
|
|
|
3,000 |
|
|
|
Chiyoda Corp. |
|
56,361 |
|
|
|
2,600 |
|
|
|
Circle K Sunkus Co., Ltd. |
|
44,595 |
|
|
|
4,000 |
|
|
|
COMSYS Holdings Corp. |
|
39,718 |
|
|
|
21,000 |
|
|
|
Dai Nippon Printing Co., Ltd. |
|
314,276 |
|
|
|
3,200 |
|
|
|
Daiichi Sankyo Co., Ltd. |
|
98,316 |
|
|
|
24 |
|
|
|
East Japan Railway Co. |
|
167,878 |
|
|
|
3,400 |
|
|
|
Edion Corp. |
|
49,306 |
|
|
|
9,000 |
|
|
|
Eisai Co., Ltd. |
|
478,925 |
|
|
|
1,800 |
|
|
|
FamilyMart Co., Ltd. |
|
49,164 |
|
|
|
224,000 |
|
|
|
Fujitsu Ltd. |
|
1,822,319 |
|
|
|
7,000 |
|
|
|
Gunma Bank Ltd. |
|
45,047 |
|
|
|
1,000 |
|
|
|
Hakuhodo DY Holdings, Inc. |
|
63,180 |
|
|
|
102,500 |
|
|
|
Haseko Corp. |
|
351,153 |
|
|
|
18,000 |
|
|
|
Hino Motors Ltd. |
|
91,318 |
|
|
|
17,700 |
|
|
|
Honda Motor Co., Ltd. |
|
623,306 |
|
|
|
1,000 |
|
|
|
Ibiden Co., Ltd. |
|
49,774 |
|
|
|
6 |
|
|
|
Inpex Holdings, Inc. |
|
51,464 |
|
|
|
224,000 |
|
|
|
Itochu Corp. |
|
1,797,505 |
|
|
|
19,800 |
|
|
|
JFE Holdings, Inc. |
|
909,408 |
|
|
|
38,200 |
|
|
|
Kansai Electric Power Co., Inc. |
|
952,160 |
|
|
|
36,000 |
|
|
|
Kawasaki Kisen Kaisha Ltd. |
|
256,405 |
|
|
|
8 |
|
|
|
KDDI Corp. |
|
53,265 |
|
|
|
2,100 |
|
|
|
Keyence Corp. |
|
480,590 |
|
|
|
93,000 |
|
|
|
Kobe Steel Ltd. |
|
285,003 |
|
|
|
3,000 |
|
|
|
Komatsu Ltd. |
|
54,131 |
|
|
|
3,000 |
|
|
|
Komori Corp. |
|
56,833 |
|
|
|
3,500 |
|
|
|
Konica Minolta Holdings, Inc. |
|
50,581 |
|
|
|
6,000 |
|
|
|
Kyowa Hakko Kogyo Co., Ltd. |
|
47,143 |
|
|
|
1,400 |
|
|
|
Lawson, Inc. |
|
48,873 |
|
|
|
PORTFOLIO OF INVESTMENTS |
|
|
ING Global Advantage and Premium Opportunity Fund |
as of November 30, 2006 (Unaudited) (continued) |
|
Shares |
|
|
|
|
|
Value |
|
|
|
|
|
|
|
Japan (continued) |
|
|
|
|
|
1,600 |
|
|
|
Makita Corp. |
|
$ |
45,960 |
|
|
104,000 |
|
|
|
Matsushita Electric Industrial Co., Ltd. |
|
2,018,105 |
|
|
|
2,600 |
|
|
|
Mitsubishi Corp. |
|
48,176 |
|
|
|
22,000 |
|
|
|
Mitsubishi Materials Corp. |
|
84,341 |
|
|
|
52 |
|
|
|
Mitsubishi UFJ Financial Group, Inc. |
|
661,521 |
|
|
|
10,000 |
|
|
|
Mitsui Mining & Smelting Co., Ltd. |
|
47,156 |
|
|
|
40,000 |
|
|
|
Mitsui OSK Lines Ltd. |
|
364,926 |
|
|
|
128,000 |
|
|
|
Mitsui Trust Holdings, Inc. |
|
1,351,191 |
|
|
|
39 |
|
|
|
Mizuho Financial Group, Inc. |
|
285,694 |
|
|
|
4,000 |
|
|
|
NGK Spark Plug Co., Ltd. |
|
72,635 |
|
|
|
2,000 |
|
|
|
Nippon Electric Glass Co., Ltd. |
|
43,226 |
|
|
|
6,500 |
|
|
|
Nippon Mining Holdings, Inc. |
|
47,347 |
|
|
|
37,000 |
|
|
|
Nippon Oil Corp. |
|
262,490 |
|
|
|
11,000 |
|
|
|
Nippon Sheet Glass Co., Ltd. |
|
48,649 |
|
|
|
124,000 |
|
|
|
Nippon Steel Corp. |
|
554,371 |
|
|
|
220 |
|
|
|
Nippon Telegraph & Telephone Corp. |
|
1,110,884 |
|
|
|
8,000 |
|
|
|
Nippon Yusen KK |
|
55,825 |
|
|
|
4,000 |
|
|
|
Nissan Motor Co., Ltd. |
|
48,511 |
|
|
|
92,000 |
|
|
|
Nisshin Steel Co., Ltd. |
|
305,857 |
|
|
|
1,900 |
|
|
|
NOK Corp. |
|
35,015 |
|
|
|
7,000 |
|
|
|
Obayashi Corp. |
|
43,979 |
|
|
|
2,000 |
|
|
|
Olympus Corp. |
|
62,441 |
|
|
|
5,040 |
|
|
|
ORIX Corp. |
|
1,368,646 |
|
|
|
3,400 |
|
|
|
Park24 Co.,Ltd. |
|
46,034 |
|
|
|
5,500 |
|
|
|
Q.P. Corp. |
|
49,098 |
|
|
|
586 |
|
|
|
Resona Holdings, Inc. |
|
1,725,050 |
|
|
|
13,700 |
|
|
|
Sega Sammy Holdings, Inc. |
|
342,890 |
|
|
|
26,400 |
|
|
|
Seven & I Holdings Co., Ltd. |
|
838,150 |
|
|
|
3,600 |
|
|
|
Shinko Electric Industries |
|
91,486 |
|
|
|
133 |
|
|
|
Softbank Investment Corp. |
|
46,297 |
|
|
|
141,100 |
|
@ |
|
Sojitz Corp. |
|
434,843 |
|
|
|
35,900 |
|
|
|
Stanley Electric Co., Ltd. |
|
742,366 |
|
|
|
3,800 |
|
|
|
Sumco Corp. |
|
283,642 |
|
|
|
7,000 |
|
|
|
Sumitomo Chemical Co., Ltd. |
|
46,827 |
|
|
|
7,400 |
|
|
|
Sumitomo Electric Industries Ltd. |
|
117,077 |
|
|
|
200,000 |
|
|
|
Sumitomo Metal Industries Ltd. |
|
762,982 |
|
|
|
4,000 |
|
|
|
Sumitomo Metal Mining Co., Ltd. |
|
51,982 |
|
|
|
228 |
|
|
|
Sumitomo Mitsui Financial Group, Inc. |
|
2,392,648 |
|
|
|
8,600 |
|
|
|
Suzuken Co., Ltd. |
|
304,084 |
|
|
|
433,000 |
|
|
|
Taisei Corp. |
|
1,356,148 |
|
|
|
11,000 |
|
|
|
Taiyo Yuden Co., Ltd. |
|
184,431 |
|
|
|
15,500 |
|
|
|
Takeda Pharmaceutical Co., Ltd. |
|
1,010,224 |
|
|
|
2,700 |
|
|
|
Tohoku Electric Power Co., Inc. |
|
62,905 |
|
|
|
22,500 |
|
|
|
Tokyo Electric Power Co., Inc. |
|
699,887 |
|
|
|
700 |
|
|
|
Tokyo Electron Ltd. |
|
53,848 |
|
|
|
7,000 |
|
|
|
Tokyu Corp. |
|
45,906 |
|
|
|
15,000 |
|
|
|
Toppan Printing Co., Ltd. |
|
160,817 |
|
|
|
87,000 |
|
|
|
Toshiba Corp. |
|
554,208 |
|
|
|
108,000 |
|
|
|
Tosoh Corp. |
|
471,879 |
|
|
|
147,000 |
|
|
|
Toyobo Co., Ltd. |
|
407,415 |
|
|
|
2,200 |
|
|
|
Toyoda Gosei Co., Ltd. |
|
49,766 |
|
|
|
25,100 |
|
|
|
Toyota Motor Corp. |
|
1,507,243 |
|
|
|
40,000 |
|
|
|
UNY Co., Ltd. |
|
480,943 |
|
|
|
38 |
|
|
|
West Japan Railway Co. |
|
173,246 |
|
|
|
46,500 |
|
|
|
Yamaha Motor Co., Ltd. |
|
1,268,667 |
|
|
|
32,000 |
|
|
|
Yaskawa Electric Corp. |
|
349,703 |
|
|
|
|
|
|
|
|
|
37,523,849 |
|
|
|
|
|
|
|
Netherlands: 2.1% |
|
|
|
|
|
31,846 |
|
|
|
Aegon NV |
|
578,716 |
|
|
|
846 |
|
|
|
Akzo Nobel NV |
|
48,517 |
|
|
|
1,939 |
|
@ |
|
ASML Holding NV |
|
48,231 |
|
|
|
27,010 |
|
|
|
European Aeronautic Defence and Space Co. NV |
|
797,266 |
|
|
|
32,616 |
|
|
|
Koninklijke Ahold NV |
|
327,375 |
|
|
|
1,070 |
|
|
|
Koninklijke DSM NV |
|
51,129 |
|
|
|
426 |
|
|
|
Rodamco Europe NV |
|
51,532 |
|
|
|
57,347 |
|
|
|
Royal Dutch Shell PLC |
|
2,053,333 |
|
|
|
68,991 |
|
|
|
Royal Dutch Shell PLC - Class A |
|
2,447,929 |
|
|
|
5,357 |
|
|
|
SBM Offshore NV |
|
174,543 |
|
|
|
PORTFOLIO OF INVESTMENTS |
|
|
ING Global Advantage and Premium Opportunity Fund |
as of November 30, 2006 (Unaudited) (continued) |
|
Shares |
|
|
|
|
|
Value |
|
|
|
|
|
|
|
Netherlands (continued) |
|
|
|
|
|
1,149 |
|
|
|
TNT NV |
|
$ |
48,347 |
|
|
50,789 |
|
|
|
Unilever NV |
|
1,343,566 |
|
|
|
|
|
|
|
|
|
7,970,484 |
|
|
|
|
|
|
|
New Zealand: 0.1% |
|
|
|
|
|
9,750 |
|
|
|
Contact Energy Ltd. |
|
51,865 |
|
|
|
18,753 |
|
|
|
Fisher & Paykel Appliances Holdings Ltd. |
|
52,449 |
|
|
|
15,695 |
|
|
|
Fletcher Building Ltd. |
|
108,763 |
|
|
|
20,066 |
|
|
|
Telecom Corp. of New Zealand Ltd. |
|
62,497 |
|
|
|
|
|
|
|
|
|
275,574 |
|
|
|
|
|
|
|
Norway: 0.2% |
|
|
|
|
|
980 |
|
|
|
Aker Kvaerner ASA |
|
112,565 |
|
|
|
10,400 |
|
|
|
DNB NOR ASA |
|
141,567 |
|
|
|
2,200 |
|
|
|
Norsk Hydro ASA |
|
54,706 |
|
|
|
62,000 |
|
@ |
|
PAN Fish ASA |
|
54,635 |
|
|
|
3,350 |
|
|
|
Statoil ASA |
|
93,445 |
|
|
|
3,600 |
|
|
|
Tandberg ASA |
|
49,692 |
|
|
|
22,400 |
|
|
|
Telenor ASA |
|
385,007 |
|
|
|
2,400 |
|
|
|
Yara International ASA |
|
50,034 |
|
|
|
|
|
|
|
|
|
941,651 |
|
|
|
|
|
|
|
Portugal: 0.1% |
|
|
|
|
|
14,338 |
|
|
|
Banco Comercial Portugues SA |
|
48,653 |
|
|
|
3,687 |
|
|
|
Banco Espirito Santo SA |
|
63,014 |
|
|
|
27,874 |
|
|
|
Electricidade de Portugal SA |
|
132,198 |
|
|
|
29,425 |
|
|
|
Sonae SGPS SA |
|
58,512 |
|
|
|
|
|
|
|
|
|
302,377 |
|
|
|
|
|
|
|
Singapore: 0.4% |
|
|
|
|
|
58,000 |
|
|
|
CapitaLand Ltd. |
|
235,652 |
|
|
|
95,000 |
|
|
|
ComfortDelgro Corp., Ltd. |
|
97,035 |
|
|
|
80,000 |
|
|
|
Fraser and Neave Ltd. |
|
223,540 |
|
|
|
86,000 |
|
|
|
Neptune Orient Lines Ltd. |
|
118,642 |
|
|
|
7,000 |
|
|
|
Singapore Airlines Ltd. |
|
71,341 |
|
|
|
22,000 |
|
|
|
Singapore Press Holdings Ltd. |
|
62,346 |
|
|
|
95,000 |
|
|
|
Singapore Telecommunications Ltd. |
|
177,812 |
|
|
|
22,000 |
|
|
|
United Overseas Bank Ltd. |
|
265,615 |
|
|
|
27,000 |
|
|
|
Want Want Holdings Ltd. |
|
41,533 |
|
|
|
37,000 |
|
|
|
Wing Tai Holdings Ltd. |
|
49,678 |
|
|
|
|
|
|
|
|
|
1,343,194 |
|
|
|
|
|
|
|
Spain: 1.1% |
|
|
|
|
|
961 |
|
|
|
Altadis SA |
|
48,185 |
|
|
|
10,755 |
|
|
|
Banco Bilbao Vizcaya Argentaria SA |
|
259,828 |
|
|
|
72,982 |
|
|
|
Banco Santander Central Hispano SA |
|
1,330,155 |
|
|
|
33,193 |
|
|
|
Endesa SA |
|
1,549,145 |
|
|
|
942 |
|
|
|
Inditex SA |
|
47,828 |
|
|
|
12,643 |
|
|
|
Repsol YPF SA |
|
455,098 |
|
|
|
20,307 |
|
|
|
Telefonica SA |
|
412,314 |
|
|
|
923 |
|
|
|
Union Fenosa SA |
|
48,176 |
|
|
|
|
|
|
|
|
|
4,150,729 |
|
|
|
|
|
|
|
Sweden: 1.0% |
|
|
|
|
|
7,600 |
|
|
|
Atlas Copco AB |
|
218,390 |
|
|
|
5,000 |
|
|
|
Getinge AB |
|
94,443 |
|
|
|
3,500 |
|
|
|
Kungsleden AB |
|
48,904 |
|
|
|
8,850 |
|
|
|
Nobia AB |
|
313,399 |
|
|
|
5,000 |
|
|
|
Scania AB |
|
341,689 |
|
|
|
4,600 |
|
|
|
Securitas AB |
|
63,481 |
|
|
|
3,600 |
|
|
|
SKF AB |
|
59,270 |
|
|
|
3,400 |
|
|
|
Ssab Svenskt Stal AB |
|
71,755 |
|
|
|
2,400 |
|
|
|
Ssab Svenskt Stal AB |
|
47,496 |
|
|
|
1,000 |
|
|
|
Svenska Cellulosa AB |
|
49,096 |
|
|
|
28,300 |
|
|
|
Svenska Handelsbanken AB |
|
764,523 |
|
|
|
188,000 |
|
|
|
Telefonaktiebolaget LM Ericsson |
|
729,948 |
|
|
|
4,600 |
|
|
|
Trelleborg AB |
|
99,666 |
|
|
|
11,000 |
|
|
|
Volvo AB |
|
715,815 |
|
|
|
|
|
|
|
|
|
3,617,875 |
|
|
|
|
|
|
|
Switzerland: 2.0% |
|
|
|
|
|
3,191 |
|
|
|
Credit Suisse Group |
|
211,628 |
|
|
|
3,051 |
|
|
|
Nestle SA |
|
1,078,743 |
|
|
|
16,612 |
|
|
|
Novartis AG |
|
970,963 |
|
|
|
649 |
|
|
|
Phonak Holding AG |
|
48,675 |
|
|
|
PORTFOLIO OF INVESTMENTS |
|
|
ING Global Advantage and Premium Opportunity Fund |
as of November 30, 2006 (Unaudited) (continued) |
|
Shares |
|
|
|
|
|
Value |
|
|
|
|
|
|
|
Switzerland (continued) |
|
|
|
|
|
4,807 |
|
|
|
Roche Holding AG |
|
$ |
870,292 |
|
|
8,991 |
|
|
|
Schindler Holding AG |
|
537,825 |
|
|
|
9,485 |
|
|
|
Swatch Group AG |
|
405,105 |
|
|
|
32,451 |
|
|
|
UBS AG |
|
1,958,607 |
|
|
|
1,333 |
|
|
|
Unaxis Holding AG |
|
567,652 |
|
|
|
3,229 |
|
|
|
Zurich Financial Services AG |
|
841,478 |
|
|
|
|
|
|
|
|
|
7,490,968 |
|
|
|
|
|
|
|
United Kingdom: 9.2% |
|
|
|
|
|
28,036 |
|
|
|
3i Group PLC |
|
538,285 |
|
|
|
9,800 |
|
@ |
|
Acergy SA |
|
193,306 |
|
|
|
74,649 |
|
|
|
Amvescap PLC |
|
809,974 |
|
|
|
1,703 |
|
|
|
Anglo American PLC |
|
79,485 |
|
|
|
34,589 |
|
|
|
AstraZeneca PLC |
|
2,006,386 |
|
|
|
3,941 |
|
|
|
Aviva PLC |
|
61,129 |
|
|
|
79,817 |
|
|
|
Barclays PLC |
|
1,069,977 |
|
|
|
2,779 |
|
|
|
Barratt Developments PLC |
|
60,505 |
|
|
|
1,791 |
|
@ |
|
Berkeley Group Holdings PLC |
|
57,309 |
|
|
|
65,350 |
|
|
|
BHP Billiton PLC |
|
1,243,735 |
|
|
|
22,846 |
|
@ |
|
Boots Group PLC |
|
356,721 |
|
|
|
188,692 |
|
|
|
BP PLC |
|
2,140,198 |
|
|
|
37,049 |
|
|
|
Brambles Industries PLC |
|
376,528 |
|
|
|
29,312 |
|
|
|
British Airways PLC |
|
284,622 |
|
|
|
10,129 |
|
|
|
British American Tobacco PLC |
|
287,257 |
|
|
|
265,628 |
|
|
|
BT Group PLC |
|
1,483,288 |
|
|
|
24,729 |
|
|
|
Cable & Wireless PLC |
|
75,889 |
|
|
|
38,124 |
|
|
|
Cadbury Schweppes PLC |
|
393,763 |
|
|
|
5,019 |
|
|
|
Carnival PLC |
|
245,333 |
|
|
|
9,147 |
|
|
|
Collins Stewart Tullett PLC |
|
154,102 |
|
|
|
41,033 |
|
|
|
Corus Group PLC |
|
405,959 |
|
|
|
29,450 |
|
|
|
Davis Service Group PLC |
|
295,256 |
|
|
|
43,989 |
|
|
|
First Choice Holidays PLC |
|
222,101 |
|
|
|
25,925 |
|
|
|
Firstgroup PLC |
|
281,352 |
|
|
|
25,979 |
|
|
|
FKI PLC |
|
51,213 |
|
|
|
49,554 |
|
|
|
GlaxoSmithKline PLC |
|
1,317,199 |
|
|
|
31,873 |
|
|
|
HBOS PLC |
|
652,713 |
|
|
|
6,109 |
|
|
|
Home Retail Group |
|
49,258 |
|
|
|
113,223 |
|
|
|
HSBC Holdings PLC |
|
2,092,182 |
|
|
|
7,499 |
|
|
|
Imperial Tobacco Group PLC |
|
276,976 |
|
|
|
16,088 |
|
|
|
Intercontinental Hotels Group PLC |
|
322,800 |
|
|
|
7,818 |
|
|
|
International Power PLC |
|
52,269 |
|
|
|
16,505 |
|
|
|
Ladbrokes PLC |
|
131,096 |
|
|
|
300,335 |
|
|
|
Legal & General Group PLC |
|
898,291 |
|
|
|
109,908 |
|
|
|
Lloyds TSB Group PLC |
|
1,171,632 |
|
|
|
44,466 |
|
|
|
LogicaCMG PLC |
|
154,424 |
|
|
|
68,663 |
|
|
|
Marks & Spencer Group PLC |
|
923,693 |
|
|
|
24,126 |
|
|
|
Misys PLC |
|
102,242 |
|
|
|
129,231 |
|
|
|
National Grid PLC |
|
1,755,422 |
|
|
|
1,504 |
|
|
|
Next PLC |
|
52,787 |
|
|
|
114,411 |
|
|
|
Old Mutual PLC |
|
374,825 |
|
|
|
13,749 |
|
|
|
Premier Farnell PLC |
|
51,470 |
|
|
|
1,123 |
|
|
|
Reckitt Benckiser PLC |
|
50,030 |
|
|
|
11,354 |
|
|
|
Resolution PLC |
|
142,129 |
|
|
|
120,703 |
|
|
|
Rexam PLC |
|
1,278,729 |
|
|
|
1,652 |
|
|
|
Rio Tinto PLC |
|
88,597 |
|
|
|
16,778 |
|
|
|
Royal & Sun Alliance Group |
|
48,742 |
|
|
|
72,456 |
|
|
|
Royal Bank of Scotland Group PLC |
|
2,629,232 |
|
|
|
154,348 |
|
|
|
Scottish & Newcastle PLC |
|
1,641,478 |
|
|
|
3,283 |
|
|
|
Scottish Power PLC |
|
48,985 |
|
|
|
45,478 |
|
|
|
Stagecoach Group PLC |
|
127,303 |
|
|
|
41,001 |
|
|
|
Taylor Woodrow PLC |
|
315,424 |
|
|
|
229,972 |
|
|
|
Tomkins PLC |
|
1,081,412 |
|
|
|
1,857 |
|
|
|
Travis Perkins PLC |
|
63,508 |
|
|
|
48,905 |
|
|
|
Unilever PLC |
|
1,311,718 |
|
|
|
100,226 |
|
|
|
United Business Media PLC |
|
1,382,471 |
|
|
|
381,706 |
|
|
|
Vodafone Group PLC |
|
1,011,944 |
|
|
|
2,101 |
|
|
|
Wolseley PLC |
|
49,410 |
|
|
|
|
|
|
|
|
|
34,824,064 |
|
|
|
PORTFOLIO OF INVESTMENTS |
|
|
ING Global Advantage and Premium Opportunity Fund |
as of November 30, 2006 (Unaudited) (continued) |
|
Shares |
|
|
|
|
|
Value |
|
|
|
|
|
|
|
United States: 57.3% |
|
|
|
|
|
12,900 |
|
|
|
3M Co. |
|
$ |
1,050,834 |
|
|
26,000 |
|
|
|
Abbott Laboratories |
|
1,213,160 |
|
|
|
40,500 |
|
|
|
Advanced Micro Devices, Inc. |
|
873,585 |
|
|
|
85,400 |
|
|
|
AES Corp. |
|
1,995,798 |
|
|
|
34,700 |
|
|
|
Aetna, Inc. |
|
1,433,457 |
|
|
|
29,300 |
|
|
|
Allstate Corp. |
|
1,859,964 |
|
|
|
30,100 |
|
@ |
|
Altera Corp. |
|
598,689 |
|
|
|
33,900 |
|
|
|
Altria Group, Inc. |
|
2,854,719 |
|
|
|
8,900 |
|
|
|
AMBAC Financial Group, Inc. |
|
762,196 |
|
|
|
19,300 |
|
|
|
American Express Co. |
|
1,133,296 |
|
|
|
42,300 |
|
|
|
American International Group, Inc. |
|
2,974,536 |
|
|
|
17,400 |
|
|
|
AmerisourceBergen Corp. |
|
800,226 |
|
|
|
18,800 |
|
|
|
Amgen, Inc. |
|
1,334,800 |
|
|
|
25,300 |
|
|
|
Anadarko Petroleum Corp. |
|
1,248,808 |
|
|
|
38,700 |
|
|
|
Anheuser-Busch Cos., Inc. |
|
1,838,637 |
|
|
|
11,500 |
|
@ |
|
Apollo Group, Inc. |
|
446,085 |
|
|
|
67,300 |
|
|
|
AT&T, Inc. |
|
2,282,143 |
|
|
|
34,600 |
|
@ |
|
Avaya, Inc. |
|
442,188 |
|
|
|
111,000 |
|
|
|
Bank of America Corp. |
|
5,977,350 |
|
|
|
31,500 |
|
|
|
BellSouth Corp. |
|
1,404,585 |
|
|
|
8,500 |
|
|
|
Big Lots, Inc. |
|
189,635 |
|
|
|
17,000 |
|
@ |
|
BMC Software, Inc. |
|
553,520 |
|
|
|
13,400 |
|
|
|
Boeing Co. |
|
1,186,302 |
|
|
|
19,400 |
|
|
|
Campbell Soup Co. |
|
738,558 |
|
|
|
10,800 |
|
|
|
Caterpillar, Inc. |
|
669,924 |
|
|
|
42,500 |
|
|
|
CBS Corp. |
|
1,264,375 |
|
|
|
55,100 |
|
|
|
Chevron Corp. |
|
3,984,832 |
|
|
|
25,800 |
|
|
|
Chubb Corp. |
|
1,335,408 |
|
|
|
8,900 |
|
|
|
Cigna Corp. |
|
1,121,845 |
|
|
|
155,900 |
|
@ |
|
Cisco Systems, Inc. |
|
4,190,594 |
|
|
|
16,800 |
|
|
|
CIT Group, Inc. |
|
873,768 |
|
|
|
122,700 |
|
|
|
Citigroup, Inc. |
|
6,084,693 |
|
|
|
26,300 |
|
@ |
|
Coach, Inc. |
|
1,136,423 |
|
|
|
32,400 |
|
|
|
Coca-Cola Co. |
|
1,517,292 |
|
|
|
31,900 |
|
|
|
Comcast Corp. |
|
1,290,674 |
|
|
|
13,300 |
|
|
|
Comerica, Inc. |
|
774,725 |
|
|
|
30,300 |
|
@ |
|
Compuware Corp. |
|
254,217 |
|
|
|
23,200 |
|
|
|
ConocoPhillips |
|
1,561,360 |
|
|
|
11,600 |
|
@ |
|
Convergys Corp. |
|
279,792 |
|
|
|
13,500 |
|
@ |
|
Coventry Health Care, Inc. |
|
649,755 |
|
|
|
4,400 |
|
|
|
Cummins, Inc. |
|
527,648 |
|
|
|
82,700 |
|
@ |
|
Dell, Inc. |
|
2,252,748 |
|
|
|
15,700 |
|
|
|
Dow Chemical Co. |
|
628,157 |
|
|
|
20,600 |
|
|
|
Eastman Kodak Co. |
|
536,012 |
|
|
|
12,300 |
|
|
|
Eaton Corp. |
|
948,084 |
|
|
|
15,500 |
|
|
|
EI DuPont de Nemours & Co. |
|
727,415 |
|
|
|
6,370 |
|
|
|
Equity Office Properties Trust |
|
307,034 |
|
|
|
10,900 |
|
|
|
Estee Lauder Cos., Inc. |
|
450,061 |
|
|
|
12,700 |
|
|
|
Exelon Corp. |
|
771,271 |
|
|
|
130,800 |
|
|
|
ExxonMobil Corp. |
|
10,046,748 |
|
|
|
12,600 |
|
|
|
Family Dollar Stores, Inc. |
|
351,414 |
|
|
|
15,800 |
|
|
|
Fannie Mae |
|
901,074 |
|
|
|
31,100 |
|
|
|
Federated Department Stores, Inc. |
|
1,308,999 |
|
|
|
46,300 |
|
|
|
First Data Corp. |
|
1,169,075 |
|
|
|
124,400 |
|
|
|
Ford Motor Co. |
|
1,011,372 |
|
|
|
23,800 |
|
@ |
|
Forest Laboratories, Inc. |
|
1,159,060 |
|
|
|
7,000 |
|
@ |
|
Freescale Semiconductor, Inc. |
|
279,510 |
|
|
|
38,700 |
|
|
|
Gap, Inc. |
|
724,464 |
|
|
|
23,700 |
|
|
|
General Dynamics Corp. |
|
1,773,708 |
|
|
|
169,322 |
|
|
|
General Electric Co. |
|
5,973,680 |
|
|
|
23,100 |
|
|
|
General Mills, Inc. |
|
1,292,445 |
|
|
|
34,300 |
|
|
|
Genworth Financial, Inc. |
|
1,125,040 |
|
|
|
15,100 |
|
|
|
Goldman Sachs Group, Inc. |
|
2,941,480 |
|
|
|
3,100 |
|
@ |
|
Google, Inc. |
|
1,503,252 |
|
|
|
46,300 |
|
|
|
Halliburton Co. |
|
1,562,162 |
|
|
|
5,300 |
|
|
|
Harman International Industries, Inc. |
|
550,352 |
|
|
|
17,706 |
|
|
|
Hartford Financial Services Group, Inc. |
|
1,518,467 |
|
|
|
PORTFOLIO OF INVESTMENTS |
|
|
ING Global Advantage and Premium Opportunity Fund |
as of November 30, 2006 (Unaudited) (continued) |
|
Shares |
|
|
|
|
|
Value |
|
|
|
|
|
|
|
United States (continued) |
|
|
|
|
|
14,000 |
|
|
|
Hasbro, Inc. |
|
$ |
374,500 |
|
|
78,700 |
|
|
|
Hewlett-Packard Co. |
|
3,105,502 |
|
|
|
31,700 |
|
|
|
Home Depot, Inc. |
|
1,203,649 |
|
|
|
13,700 |
|
|
|
Humana, Inc. |
|
741,170 |
|
|
|
84,000 |
|
|
|
Intel Corp. |
|
1,793,400 |
|
|
|
40,600 |
|
|
|
International Business Machines Corp. |
|
3,731,952 |
|
|
|
46,700 |
|
|
|
Johnson & Johnson |
|
3,077,997 |
|
|
|
9,000 |
|
|
|
Jones Apparel Group, Inc. |
|
302,400 |
|
|
|
96,100 |
|
|
|
JPMorgan Chase & Co. |
|
4,447,508 |
|
|
|
3,000 |
|
|
|
KeySpan Corp. |
|
123,090 |
|
|
|
18,900 |
|
@ |
|
King Pharmaceuticals, Inc. |
|
312,417 |
|
|
|
17,700 |
|
@ |
|
Kohl’s Corp. |
|
1,231,920 |
|
|
|
10,500 |
|
@ |
|
Laboratory Corp. of America Holdings |
|
743,400 |
|
|
|
7,300 |
|
@ |
|
Lexmark International, Inc. |
|
503,554 |
|
|
|
20,200 |
|
|
|
Lockheed Martin Corp. |
|
1,827,090 |
|
|
|
33,000 |
|
|
|
Loews Corp. |
|
1,317,360 |
|
|
|
22,000 |
|
|
|
Lowe’s Cos., Inc. |
|
663,520 |
|
|
|
32,800 |
|
@ |
|
LSI Logic Corp. |
|
349,648 |
|
|
|
16,300 |
|
|
|
Marathon Oil Corp. |
|
1,538,394 |
|
|
|
46,400 |
|
|
|
McDonald’s Corp. |
|
1,947,408 |
|
|
|
20,000 |
|
|
|
McGraw-Hill Cos., Inc. |
|
1,333,000 |
|
|
|
21,800 |
|
|
|
McKesson Corp. |
|
1,076,920 |
|
|
|
18,400 |
|
|
|
Medtronic, Inc. |
|
959,192 |
|
|
|
72,400 |
|
|
|
Merck & Co., Inc. |
|
3,222,524 |
|
|
|
14,100 |
|
|
|
Merrill Lynch & Co., Inc. |
|
1,232,763 |
|
|
|
33,700 |
|
|
|
Metlife, Inc. |
|
1,979,201 |
|
|
|
53,100 |
|
|
|
Micron Technology, Inc. |
|
775,260 |
|
|
|
147,400 |
|
|
|
Microsoft Corp. |
|
4,323,242 |
|
|
|
2,100 |
|
|
|
Monsanto Co. |
|
100,947 |
|
|
|
17,000 |
|
|
|
Moody’s Corp. |
|
1,181,160 |
|
|
|
37,100 |
|
|
|
Morgan Stanley |
|
2,825,536 |
|
|
|
93,300 |
|
|
|
Motorola, Inc. |
|
2,068,461 |
|
|
|
17,700 |
|
|
|
Mylan Laboratories |
|
359,133 |
|
|
|
38,400 |
|
|
|
National City Corp. |
|
1,386,240 |
|
|
|
5,200 |
|
|
|
Navistar International Corp. |
|
166,348 |
|
|
|
34,800 |
|
|
|
News Corp., Inc. |
|
716,880 |
|
|
|
17,500 |
|
|
|
Nordstrom, Inc. |
|
857,850 |
|
|
|
8,100 |
|
|
|
North Fork Bancorp., Inc. |
|
227,367 |
|
|
|
22,700 |
|
|
|
Northrop Grumman Corp. |
|
1,519,311 |
|
|
|
21,200 |
|
|
|
Nucor Corp. |
|
1,268,820 |
|
|
|
34,900 |
|
|
|
Occidental Petroleum Corp. |
|
1,756,866 |
|
|
|
22,000 |
|
@ |
|
Office Depot, Inc. |
|
832,920 |
|
|
|
5,800 |
|
|
|
OfficeMax, Inc. |
|
273,006 |
|
|
|
11,000 |
|
|
|
Omnicom Group |
|
1,123,760 |
|
|
|
62,500 |
|
@ |
|
Oracle Corp. |
|
1,189,375 |
|
|
|
11,200 |
|
@ |
|
Pactiv Corp. |
|
385,840 |
|
|
|
10,100 |
|
|
|
Parker Hannifin Corp. |
|
843,148 |
|
|
|
11,500 |
|
|
|
Pepsi Bottling Group, Inc. |
|
360,180 |
|
|
|
26,200 |
|
|
|
PepsiCo, Inc. |
|
1,623,614 |
|
|
|
4,080 |
|
@ |
|
Petroleum Geo-Services ASA |
|
275,567 |
|
|
|
116,500 |
|
|
|
Pfizer, Inc. |
|
3,202,585 |
|
|
|
44,400 |
|
|
|
PG&E Corp. |
|
2,039,292 |
|
|
|
4,420 |
|
|
|
Phelps Dodge Corp. |
|
543,660 |
|
|
|
13,300 |
|
|
|
PPG Industries, Inc. |
|
855,190 |
|
|
|
19,600 |
|
|
|
Principal Financial Group |
|
1,131,900 |
|
|
|
51,500 |
|
|
|
Procter & Gamble Co. |
|
3,233,685 |
|
|
|
53,000 |
|
|
|
Progressive Corp. |
|
1,195,150 |
|
|
|
22,900 |
|
|
|
Prudential Financial, Inc. |
|
1,865,892 |
|
|
|
24,000 |
|
|
|
Qualcomm, Inc. |
|
878,160 |
|
|
|
29,900 |
|
|
|
Raytheon Co. |
|
1,526,096 |
|
|
|
40,400 |
|
|
|
Regions Financial Corp. |
|
1,480,660 |
|
|
|
11,100 |
|
|
|
Sabre Holdings Corp. |
|
304,473 |
|
|
|
9,700 |
|
|
|
Safeco Corp. |
|
587,529 |
|
|
|
16,700 |
|
|
|
Schlumberger Ltd. |
|
1,143,616 |
|
|
|
8,300 |
|
|
|
Sherwin-Williams Co. |
|
519,165 |
|
|
|
4,300 |
|
|
|
Snap-On, Inc. |
|
204,250 |
|
|
|
51,800 |
|
|
|
Sprint Nextel Corp. |
|
1,010,618 |
|
|
|
11,300 |
|
@ |
|
Starbucks Corp. |
|
398,777 |
|
|
|
PORTFOLIO OF INVESTMENTS |
|
|
ING Global Advantage and Premium Opportunity Fund |
as of November 30, 2006 (Unaudited) (continued) |
|
Shares |
|
|
|
|
|
Value |
|
|||||
|
|
|
|
|
United States (continued) |
|
|
|
|||||
|
13,100 |
|
|
|
Target Corp. |
|
$ |
760,979 |
|
||||
|
9,100 |
|
|
|
Temple-Inland, Inc. |
|
355,810 |
|
|||||
|
14,300 |
|
@ |
|
Teradyne, Inc. |
|
213,070 |
|
|||||
|
32,200 |
|
|
|
TJX Cos., Inc. |
|
882,924 |
|
|||||
|
12,900 |
|
|
|
TXU Corp. |
|
740,331 |
|
|||||
|
10,200 |
|
|
|
United States Steel Corp. |
|
762,858 |
|
|||||
|
16,300 |
|
|
|
United Technologies Corp. |
|
1,051,839 |
|
|||||
|
51,000 |
|
|
|
UnitedHealth Group, Inc. |
|
2,503,080 |
|
|||||
|
30,000 |
|
|
|
US Bancorp. |
|
1,009,200 |
|
|||||
|
27,700 |
|
|
|
Valero Energy Corp. |
|
1,525,439 |
|
|||||
|
17,900 |
|
@ |
|
VeriSign, Inc. |
|
467,369 |
|
|||||
|
39,900 |
|
|
|
Verizon Communications, Inc. |
|
1,394,106 |
|
|||||
|
30,400 |
|
|
|
Wachovia Corp. |
|
1,647,376 |
|
|||||
|
40,588 |
|
|
|
Wal-Mart Stores, Inc. |
|
1,871,107 |
|
|||||
|
73,300 |
|
|
|
Walt Disney Co. |
|
2,422,565 |
|
|||||
|
37,200 |
|
|
|
Waste Management, Inc. |
|
1,361,892 |
|
|||||
|
8,700 |
|
@ |
|
Waters Corp. |
|
435,348 |
|
|||||
|
26,800 |
|
@ |
|
WellPoint, Inc. |
|
2,027,956 |
|
|||||
|
52,500 |
|
|
|
Wells Fargo & Co. |
|
1,850,100 |
|
|||||
|
22,500 |
|
|
|
Wyeth |
|
1,086,300 |
|
|||||
|
63,600 |
|
|
|
Xerox Corp. |
|
1,049,400 |
|
|||||
|
|
|
|
|
|
|
217,643,537 |
|
|||||
|
|
|
|
|
Total Common Stock |
|
|
|
|||||
|
|
|
|
|
(Cost $344,674,275) |
|
381,642,729 |
|
|||||
|
|
|
|
|
|
|
|
|
|||||
|
PREFERRED STOCK: 0.6% |
|
|
|
|
|
|||||||
|
|
|
|
|
Taiwan: 0.6% |
|
|
|
|||||
|
16,641 |
|
|
|
RWE AG |
|
1,587,820 |
|
|||||
|
12,747 |
|
|
|
Volkswagen AG |
|
880,692 |
|
|||||
|
|
|
|
|
|
|
|
|
|||||
|
|
|
|
|
Total Preferred Stock |
|
|
|
|||||
|
|
|
|
|
(Cost $1,660,606) |
|
2,468,512 |
|
|||||
|
|
|
|
|
|
|
|
|
|||||
|
RIGHTS: |
|
|
|
|
|
|
|
|||||
|
|
|
|
|
Hong Kong: 0.0% |
|
|
|
|||||
|
1,166 |
|
|
|
Kingboard Chemical Rights |
|
— |
|
|||||
|
|
|
|
|
|
|
|
|
|||||
|
|
|
|
|
Total Rights |
|
|
|
|||||
|
|
|
|
|
(Cost $—) |
|
— |
|
|||||
|
|
|
|
|
|
|
|
|
|||||
|
|
|
|
|
Total Long-Term Investments |
|
|
|
|||||
|
|
|
|
|
(Cost $346,334,881) |
|
384,111,241 |
|
|||||
|
|
|
|
|
|
|
|
|
|||||
|
Principal Amount |
|
|
|
|
|
Value |
|
|||||
|
SHORT-TERM INVESTMENTS: 0.1% |
|
|
|
|||||||||
|
|
|
|
|
Repurchase Agreement: 0.1% |
|
|
|
|||||
|
$ |
280,000 |
|
|
|
Goldman Sachs Repurchase Agreement dated 11/30/06, 5.280%, due 12/01/06, $280,041 to be received upon repurchase (Collateralized by $278,000 Federal National Mortgage Association, 5.250%, Market Value plus accrued interest $286,255, due 06/15/08) |
|
$ |
280,000 |
|
|||
|
|
|
|
|
|
|
|
|
|||||
|
|
|
|
|
Total Short-Term Investments |
|
|
|
|||||
|
|
|
|
|
(Cost $280,000) |
|
280,000 |
|
|||||
|
|
|
|
|
|
|
|
|
|||||
|
|
|
|
|
Total Investments in Securities |
|
|
|
|
|
|
||
|
|
|
|
|
(Cost $346,614,881)* |
101.2% |
|
|
|
$ |
384,391,241 |
|
|
|
|
|
|
|
Other Assets and Liabilities — Net |
(1.2) |
|
|
|
(4,544,551) |
|
||
|
|
|
|
|
Net Assets |
100.0% |
|
|
|
$ |
379,846,690 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
@ |
|
Non-income producing security |
|
|
|
|
|
|
||
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
* |
|
Cost for federal income tax purposes is $346,975,214. |
|
|
|
|
|
|||
|
|
|
|
|
Net unrealized appreciation consists of: |
|
|
|
|
|
|||
|
|
|
|
|
Gross Unrealized Appreciation |
|
|
|
$ |
43,895,004 |
|
||
|
|
|
|
|
Gross Unrealized Depreciation |
|
|
|
(6,478,977) |
|
|||
|
|
|
|
|
Net Unrealized Appreciation |
|
|
|
$ |
37,416,027 |
|
||
|
PORTFOLIO OF INVESTMENTS |
|
|
ING Global Advantage and Premium Opportunity Fund |
as of November 30, 2006 (Unaudited) (continued) |
|
|
|
Percentage of |
|
|
Industry |
|
Net Assets |
|
|
Advertising |
|
0.3% |
|
|
Aerospace/Defense |
|
2.5 |
|
|
Agriculture |
|
0.9 |
|
|
Airlines |
|
0.6 |
|
|
Apparel |
|
0.4 |
|
|
Auto Manufacturers |
|
1.7 |
|
|
Auto Parts & Equipment |
|
0.1 |
|
|
Banks |
|
12.1 |
|
|
Beverages |
|
2.2 |
|
|
Biotechnology |
|
0.4 |
|
|
Building Materials |
|
0.5 |
|
|
Chemicals |
|
1.1 |
|
|
Commercial Services |
|
1.2 |
|
|
Computers |
|
3.1 |
|
|
Cosmetics/Personal Care |
|
1.0 |
|
|
Distribution/Wholesale |
|
0.6 |
|
|
Diversified Financial Services |
|
6.6 |
|
|
Electric |
|
3.7 |
|
|
Electrical Components & Equipment |
|
0.4 |
|
|
Electronics |
|
0.4 |
|
|
Engineering & Construction |
|
0.8 |
|
|
Entertainment |
|
0.2 |
|
|
Environmental Control |
|
0.4 |
|
|
Food |
|
2.4 |
|
|
Forest Products & Paper |
|
0.1 |
|
|
Gas |
|
0.1 |
|
|
Hand/Machine Tools |
|
0.2 |
|
|
Healthcare - Products |
|
1.1 |
|
|
Healthcare - Services |
|
2.6 |
|
|
Holding Companies - Diversified |
|
0.8 |
|
|
Home Builders |
|
0.2 |
|
|
Home Furnishings |
|
0.8 |
|
|
Household Products/Wares |
|
0.0 |
|
|
Insurance |
|
6.9 |
|
|
Internet |
|
0.5 |
|
|
Investment Companies |
|
0.6 |
|
|
Iron/Steel |
|
2.8 |
|
|
Leisure Time |
|
0.6 |
|
|
Lodging |
|
0.1 |
|
|
Machinery - Construction & Mining |
|
0.2 |
|
|
Machinery - Diversified |
|
0.4 |
|
|
Media |
|
2.7 |
|
|
Metal Fabricate/Hardware |
|
0.0 |
|
|
Mining |
|
0.8 |
|
|
Miscellaneous Manufacturing |
|
3.0 |
|
|
Office/Business Equipment |
|
0.5 |
|
|
Oil & Gas |
|
8.6 |
|
|
Oil & Gas Services |
|
1.0 |
|
|
Packaging & Containers |
|
0.4 |
|
|
Pharmaceuticals |
|
5.6 |
|
|
Real Estate |
|
0.5 |
|
|
Real Estate Investment Trusts |
|
0.1 |
|
|
Retail |
|
4.9 |
|
|
Semiconductors |
|
1.6 |
|
|
Software |
|
2.0 |
|
|
Telecommunications |
|
6.7 |
|
|
Textiles |
|
0.1 |
|
|
Toys/Games/Hobbies |
|
0.1 |
|
|
Transportation |
|
0.7 |
|
|
Venture Capital |
|
0.1 |
|
|
Water |
|
0.1 |
|
|
Repurchase Agreement |
|
0.1 |
|
|
Other Assets and Liabilities - Net |
|
(1.2) |
|
|
Net Assets |
|
100.0% |
|
|
PORTFOLIO OF INVESTMENTS |
|
|
ING Global Advantage and Premium Opportunity Fund |
as of November 30, 2006 (Unaudited) (continued) |
At November 30, 2006 the following forward currency contracts were outstanding for the ING Global Advantage and Premium Opportunity Fund:
|
Currency |
|
Buy/Sell |
|
Settlement |
|
In Exchange |
|
Value |
|
Unrealized |
|
||||
|
Australia Dollars |
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
AUD |
|
10,699,000 |
|
Sell |
|
12/07/06 |
|
8,152,638 |
|
$ |
8,439,422 |
|
$ |
(286,784) |
|
|
Switzerland Francs |
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
CHF |
|
13,225,000 |
|
Sell |
|
12/07/06 |
|
10,810,038 |
|
11,043,155 |
|
(233,117) |
|
||
|
EURO |
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
EUR |
|
44,840,000 |
|
Sell |
|
12/07/06 |
|
57,641,820 |
|
59,404,417 |
|
(1,762,597) |
|
||
|
EURO |
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
EUR |
|
5,350,000 |
|
Sell |
|
12/07/06 |
|
6,787,545 |
|
7,087,726 |
|
(300,181) |
|
||
|
British Pound Sterling |
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
GBP |
|
19,552,000 |
|
Sell |
|
12/07/06 |
|
36,998,250 |
|
38,436,058 |
|
(1,437,809) |
|
||
|
Japanese Yen |
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
JPY |
|
4,275,000,000 |
|
Sell |
|
12/07/06 |
|
37,232,190 |
|
36,968,007 |
|
264,183 |
|
||
|
|
|
|
|
|
|
|
|
|
|
$ |
161,378,785 |
|
$ |
(3,756,305) |
|
Item 2. Controls and Procedures.
|
(a) |
|
Based on our evaluation conducted within 90 days of the filing date, hereof, the design and operation of the registrant’s disclosure controls and procedures are effective to ensure that material information relating to the registrant is made known to the certifying officers by others within the appropriate entities, particularly during the period in which Forms N-Q are being prepared, and the registrant’s disclosure controls and procedures allow timely preparation and review of the information for the registrant’s Form N-Q and the officer certifications of such Form N-Q. |
|
|
|
|
|
(b) |
|
There were no significant changes in the registrant’s internal controls over financial reporting that occurred during the registrant’s last fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting. |
Item 3. Exhibits.
A separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2 under the Act (17 CFR 270.30a-2) is attached hereto as EX-99.CERT.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
|
(Registrant): ING Global Advantage and Premium Opportunity Fund |
||
|
|
|
|
|
By |
/s/ Shaun P. Mathews |
|
|
|
Shaun P. Mathews |
|
|
|
President and Chief Executive Officer |
|
|
|
|
|
|
Date: |
January 29, 2007 |
|
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
|
By |
/s/ Shaun P. Mathews |
|
|
|
Shaun P. Mathews |
|
|
|
President and Chief Executive Officer |
|
|
|
|
|
|
Date: |
January 29, 2007 |
|
|
|
|
|
|
By |
/s/ Todd Modic |
|
|
|
Todd Modic |
|
|
|
Senior Vice President and Chief Financial |
|
|
|
|
|
|
Date: |
January 29, 2007 |
|