N-Q
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number 811-02090
Van Kampen Bond Fund
 
(Exact name of registrant as specified in charter)
522 Fifth Avenue, New York, New York 10036
 
(Address of principal executive offices)     (Zip code)
Edward C. Wood III
522 Fifth Avenue, New York, New York 10036
 
(Name and address of agent for service)
Registrant’s telephone number, including area code: 212-762-4000
Date of fiscal year end: 6/30
Date of reporting period: 3/31/09
 
 

 

 

Item 1. Schedule of Investments.
The Fund’s schedule of investments as of the close of the reporting period prepared pursuant to Rule 12-12 of Regulation S-X is as follows:
Van Kampen Bond Fund
Portfolio of Investments § March 31, 2009 (Unaudited)
                                 
Par                        
Amount                        
(000)     Description   Coupon     Maturity     Value  
 
       
Corporate Bonds 90.1%
                        
       
Aerospace & Defense 0.3%
                        
$ 615    
Boeing Co.
     6.000 %     03/15/19     $ 632,836  
       
 
                      
       
 
                        
       
Automotive 0.8%
                        
  1,280    
DaimlerChrysler NA Holding LLC
    8.500       01/18/31       1,147,244  
  535    
Harley-Davidson Funding Corp., Ser C (a)
    6.800       06/15/18       347,643  
       
 
                      
       
 
                     1,494,887  
       
 
                      
       
Banking 13.9%
                        
  880    
Bank of America Corp.
     4.875       09/15/12       794,838  
  1,665    
Bank of America Corp., Ser L
    5.650       05/01/18       1,391,402  
  870    
Bank of America Corp.
     5.750       12/01/17       731,800  
  740    
Bank of New York Mellon Corp.
     4.500       04/01/13       733,996  
  510    
Bank of New York Mellon Corp.
     5.125       08/27/13       522,500  
  335    
Barclays Bank PLC (United Kingdom) (a)
    6.050       12/04/17       263,862  
  1,075    
Citigroup, Inc.
     5.250       02/27/12       958,571  
  1,095    
Citigroup, Inc.
     5.875       05/29/37       843,372  
  1,450    
Citigroup, Inc.
     6.125       05/15/18       1,253,637  
  430    
Credit Suisse First Boston USA, Inc.
     5.125       08/15/15       399,546  
  4,075    
Goldman Sachs Group, Inc.
     6.150       04/01/18       3,728,401  
  1,735    
Goldman Sachs Group, Inc.
     6.750       10/01/37       1,176,300  
  1,080    
HBOS PLC (United Kingdom)(a)
    6.750       05/21/18       834,430  
  1,155    
JPMorgan Chase & Co.
     4.750       05/01/13       1,120,584  
  1,945    
JPMorgan Chase & Co.
     6.000       01/15/18       1,967,939  
  700    
JPMorgan Chase & Co.
     6.750       02/01/11       713,879  

1

 

Van Kampen Bond Fund
Portfolio of Investments § March 31, 2009 (Unaudited) continued
                                 
Par                        
Amount                        
(000)     Description   Coupon     Maturity     Value  
 
       
Banking (continued)
                        
$ 930    
Nationwide Building Society (United Kingdom) (a)
    4.250 %     02/01/10     $ 921,480  
  335    
Northern Trust Co.
     6.500       08/15/18       352,600  
  465    
PNC Bank NA
    6.000       12/07/17       427,845  
  1,075    
Sovereign Bancorp, Inc. (b)
    1.457       03/23/10       982,268  
  985    
UBS AG Stamford Branch (Switzerland)
    5.875       12/20/17       848,572  
  1,230    
Wachovia Capital Trust III (c)
    5.800       03/15/42       442,949  
  4,670    
Wells Fargo & Co.
     5.625       12/11/17       4,268,072  
       
 
                      
       
 
                     25,678,843  
       
 
                      
       
Brokerage 3.0%
                        
  1,030    
Bear Stearns Co., Inc.
     5.550       01/22/17       867,337  
  315    
Bear Stearns Co., Inc.
     6.400       10/02/17       307,066  
  680    
Bear Stearns Co., Inc.
     7.250       02/01/18       703,387  
  580    
Credit Suisse New York (Switzerland)
     5.000       05/15/13       560,956  
  490    
Credit Suisse New York (Switzerland)
    6.000       02/15/18       428,083  
  825    
Merrill Lynch & Co., Inc.
     5.450       02/05/13       676,858  
  2,415    
Merrill Lynch & Co., Inc.
     6.875       04/25/18       1,891,698  
       
 
                      
       
 
                     5,435,385  
       
 
                      
       
Building Materials 0.4%
                        
  720    
CRH America, Inc.
     6.000       09/30/16       508,371  
  315    
CRH America, Inc.
     8.125       07/15/18       245,978  
       
 
                      
       
 
                     754,349  
       
 
                      
       
Chemicals 0.5%
                        
  585    
E.I. Du Pont de Nemours & Co.
     6.000       07/15/18       588,450  
  310    
Monsanto Co.
     5.125       04/15/18       313,570  
       
 
                      
       
 
                     902,020  
       
 
                      
       
Construction Machinery 0.4%
                        
  350    
Caterpillar Financial Services Corp.
     4.900       08/15/13       333,457  
  520    
John Deere Capital Corp.
     5.750       09/10/18       494,676  
       
 
                      
       
 
                     828,133  
       
 
                      

2

 

Van Kampen Bond Fund
Portfolio of Investments § March 31, 2009 (Unaudited) continued
                                 
Par                        
Amount                        
(000)     Description   Coupon     Maturity     Value  
 
       
Consumer Products 0.6%
                        
$ 800    
Philips Electronics NV (Netherlands)
    5.750 %     03/11/18     $ 787,854  
  325    
Procter & Gamble Co.
     4.700       02/15/19       328,462  
       
 
                      
       
 
                     1,116,316  
       
 
                      
       
Distributors 0.3%
                        
  635    
Equitable Resources, Inc.
     6.500       04/01/18       561,312  
       
 
                      
       
 
                        
       
Diversified Manufacturing 3.6%
                        
  655    
Brascan Corp. (Canada)
    7.125       06/15/12       544,018  
  685    
Brookfield Asset Management, Inc. (Canada)
    5.800       04/25/17       463,046  
  1,095    
Cooper Industries, Inc.
     5.250       11/15/12       1,127,610  
  610    
Emerson Electric Co.
     4.875       10/15/19       618,031  
  3,755    
General Electric Co.
     5.250       12/06/17       3,478,561  
  495    
Honeywell International, Inc.
     5.300       03/01/18       506,801  
       
 
                      
       
 
                     6,738,067  
       
 
                      
       
Electric 8.9%
                        
  1,055    
AES Corp. (a)
    8.000       06/01/20       859,825  
  385    
Carolina Power & Light Co.
     5.150       04/01/15       391,726  
  150    
CMS Energy Corp.
     6.300       02/01/12       142,699  
  480    
Consumers Energy Co.
     5.800       09/15/35       393,993  
  900    
Electricite de France SA (France) (a)
    6.950       01/26/39       894,830  
  1,025    
Enel Finance International SA (Luxembourg) (a)
    6.250       09/15/17       930,255  
  960    
E.ON International Finance BV (Netherlands) (a)
    5.800       04/30/18       945,937  
  1,030    
Exelon Corp.
     6.750       05/01/11       1,044,153  
  215    
Florida Power Corp.
     5.800       09/15/17       226,563  
  815    
FPL Group Capital, Inc.
     6.000       03/01/19       835,690  
  725    
Georgia Power Co.
     5.950       02/01/39       715,462  

3

 

Van Kampen Bond Fund
Portfolio of Investments § March 31, 2009 (Unaudited) continued
                                 
Par                        
Amount                        
(000)     Description   Coupon     Maturity     Value  
 
       
Electric (continued)
                        
$ 255    
Indianapolis Power & Light Co. (a)
    6.300 %     07/01/13     $ 261,604  
  635    
NiSource Finance Corp.
     6.800       01/15/19       511,148  
  820    
NiSource Finance Corp.
     7.875       11/15/10       806,071  
  1,080    
Ohio Edison Co.
     6.400       07/15/16       1,030,891  
  1,215    
Ohio Power Co., Ser K
    6.000       06/01/16       1,169,715  
  685    
Pacific Gas & Electric Co.
     5.625       11/30/17       694,972  
  175    
Pacific Gas & Electric Co.
     6.250       03/01/39       173,933  
  660    
PPL Energy Supply LLC
    6.500       05/01/18       580,969  
  250    
Progress Energy Carolina
    5.300       01/15/19       253,582  
  340    
Progress Energy, Inc.
     7.050       03/15/19       347,016  
  205    
Public Service Co. of Colorado, Ser 17
    6.250       09/01/37       213,513  
  300    
Public Service Co. of Colorado
    6.500       08/01/38       322,950  
  570    
Public Service Electric & Gas Co., Ser B
    5.125       09/01/12       582,880  
  570    
Union Electric Co.
     6.400       06/15/17       548,481  
  300    
Virginia Electric and Power Co., Ser B
    5.950       09/15/17       312,906  
  1,030    
Virginia Electric and Power Co.
     8.875       11/15/38       1,262,986  
       
 
                      
       
 
                     16,454,750  
       
 
                      
       
Food/Beverage 3.5%
                        
  290    
Anheuser-Busch Cos, Inc.
     5.500       01/15/18       265,071  
  305    
Anheuser-Busch InBev Worldwide, Inc. (a)
    7.200       01/15/14       319,918  
  495    
Bacardi Ltd. (Bermuda) (a)
    8.200       04/01/19       496,297  
  730    
ConAgra Foods, Inc.
     7.000       10/01/28       707,778  
  500    
ConAgra Foods, Inc.
     8.250       09/15/30       536,033  
  925    
Diageo Capital PLC (United Kingdom)
    7.375       01/15/14       1,017,338  
  635    
Dr. Pepper Snapple Group, Inc.
     6.820       05/01/18       600,309  
  535    
General Mills, Inc.
     5.250       08/15/13       553,181  

4

 

Van Kampen Bond Fund
Portfolio of Investments § March 31, 2009 (Unaudited) continued
                                 
Par                        
Amount                        
(000)     Description   Coupon     Maturity     Value  
 
       
Food/Beverage (continued)
                        
$ 420    
General Mills, Inc.
     5.650 %     02/15/19     $ 428,387  
  315    
Kraft Foods, Inc.
     6.125       02/01/18       316,245  
  315    
Kraft Foods, Inc.
     6.125       08/23/18       316,313  
  70    
Kraft Foods, Inc.
     6.750       02/19/14       75,758  
  850    
Kraft Foods, Inc.
     6.875       01/26/39       837,179  
       
 
                      
       
 
                     6,469,807  
       
 
                      
       
Gaming 0.1%
                        
  260    
MGM Mirage, Inc.
     6.000       10/01/09       141,700  
       
 
                      
       
 
                        
       
Health Care 1.8%
                        
  295    
Baxter International, Inc.
     5.375       06/01/18       303,795  
  630    
Fisher Scientific International, Inc.
     6.125       07/01/15       626,515  
  940    
Medco Health Solutions, Inc.
     7.125       03/15/18       934,439  
  300    
Tenet Healthcare Corp.
     7.375       02/01/13       240,000  
  1,260    
UnitedHealth Group, Inc.
     6.000       02/15/18       1,212,599  
       
 
                      
       
 
                     3,317,348  
       
 
                      
       
Health Insurance 0.2%
                        
  150    
Aetna, Inc.
     6.500       09/15/18       147,788  
  200    
WellPoint, Inc.
     7.000       02/15/19       200,461  
       
 
                      
       
 
                     348,249  
       
 
                      
       
Home Construction 0.1%
                        
  175    
Pulte Homes, Inc.
     6.375       05/15/33       107,625  
       
 
                      
       
 
                        
       
Independent Energy 2.6%
                        
  300    
Apache Corp.
     6.900       09/15/18       327,730  
  780    
Devon Financing Corp., ULC (Canada)
    7.875       09/30/31       799,116  
  945    
EnCana Corp. (Canada)
    6.500       02/01/38       814,759  
  265    
Gaz Capital SA (Luxembourg) (a)
    6.510       03/07/22       172,250  
  290    
Newfield Exploration Co.
     7.125       05/15/18       258,100  

5

 

Van Kampen Bond Fund
Portfolio of Investments § March 31, 2009 (Unaudited) continued
                                 
Par                        
Amount                        
(000)     Description   Coupon     Maturity     Value  
 
       
Independent Energy (continued)
                        
$ 320    
Plains Exploration & Production Co.
     7.625 %     06/01/18     $ 260,800  
  1,005    
Questar Market Resources, Inc.
     6.800       04/01/18       901,045  
  835    
XTO Energy, Inc.
     5.500       06/15/18       776,947  
  555    
XTO Energy, Inc.
     6.500       12/15/18       552,372  
       
 
                      
       
 
                     4,863,119  
       
 
                      
       
Integrated Energy 2.6%
                        
  515    
Chesapeake Energy Corp.
     7.625       07/15/13       476,375  
  510    
Chevron Corp.
     4.950       03/03/19       522,229  
  2,435    
ConocoPhillips
    6.500       02/01/39       2,382,974  
  270    
Hess Corp.
     7.125       03/15/33       232,376  
  630    
Marathon Oil Corp.
     5.900       03/15/18       576,156  
  225    
Marathon Oil Corp.
     6.000       10/01/17       208,867  
  660    
Petro-Canada (Canada)
    6.800       05/15/38       496,880  
       
 
                      
       
 
                     4,895,857  
       
 
                      
       
Life Insurance 1.2%
                        
  105    
MetLife, Inc.
     6.125       12/01/11       104,141  
  510    
MetLife, Inc., Ser A
    6.817       08/15/18       438,578  
  585    
Nationwide Financial Services, Inc.
     6.250       11/15/11       550,401  
  390    
Prudential Financial, Inc.
     6.625       12/01/37       211,501  
  1,005    
Xlliac Global Funding (a)
    4.800       08/10/10       849,300  
       
 
                      
       
 
                     2,153,921  
       
 
                      
       
Media-Cable 3.6%
                        
  90    
Comcast Cable Communications, Inc.
     7.125       06/15/13       93,756  
  1,945    
Comcast Corp.
     5.700       05/15/18       1,827,483  
  485    
Comcast Corp.
     6.450       03/15/37       424,985  
  655    
Comcast Corp.
     6.500       01/15/15       652,087  
  425    
COX Communications, Inc. (a)
    8.375       03/01/39       399,800  
  175    
DirecTV Holdings LLC
    6.375       06/15/15       165,812  

6

 

Van Kampen Bond Fund
Portfolio of Investments § March 31, 2009 (Unaudited) continued
                                 
Par                        
Amount                        
(000)     Description   Coupon     Maturity     Value  
 
       
Media-Cable (continued)
                        
$ 805    
DirecTV Holdings LLC
    7.625 %     05/15/16     $ 792,925  
  1,570    
Time Warner Cable, Inc.
     6.750       07/01/18       1,476,232  
  295    
Time Warner Cable, Inc.
     8.250       04/01/19       303,662  
  455    
Time Warner Cable, Inc.
     8.750       02/14/19       483,935  
       
 
                      
       
 
                     6,620,677  
       
 
                      
       
Media-Noncable 2.0%
                        
  565    
Grupo Televisa SA (Mexico)
    6.000       05/15/18       514,738  
  300    
News America, Inc.
     6.400       12/15/35       222,846  
  620    
News America, Inc.
     6.650       11/15/37       465,825  
  200    
Thomson Reuters Corp. (Canada)
     6.500       07/15/18       186,627  
  1,390    
Time Warner, Inc.
     5.875       11/15/16       1,317,496  
  675    
Time Warner, Inc.
     6.500       11/15/36       556,785  
  605    
Viacom, Inc.
     6.875       04/30/36       442,519  
       
 
                      
       
 
                     3,706,836  
       
 
                      
       
Metals 0.8%
                        
  335    
Alcoa, Inc.
     6.750       07/15/18       225,726  
  1,010    
ArcelorMittal (Luxembourg)
    6.125       06/01/18       731,852  
  705    
Rio Tinto Finance USA Ltd. (Australia)
    6.500       07/15/18       618,017  
       
 
                      
       
 
                     1,575,595  
       
 
                      
       
Noncaptive-Consumer Finance 5.5%
                        
  485    
American Express Credit Corp., Ser C
    7.300       08/20/13       450,612  
  230    
American General Finance Corp.
     4.625       05/15/09       215,276  
  1,650    
American General Finance Corp.
     4.625       09/01/10       760,657  
  665    
CIT Group, Inc.
     5.650       02/13/17       385,649  
  4,780    
General Electric Capital Corp.
     5.625       05/01/18       4,163,399  
  855    
HSBC Finance Corp.
     5.500       01/19/16       642,067  
  2,560    
HSBC Finance Corp.
     6.750       05/15/11       2,282,844  
  770    
SLM Corp. (b)
    1.319       07/26/10       546,785  

7

 

Van Kampen Bond Fund
Portfolio of Investments § March 31, 2009 (Unaudited) continued
                                 
Par                        
Amount                        
(000)     Description   Coupon     Maturity     Value  
 
       
Noncaptive-Consumer Finance (continued)
                        
$ 690    
Western Union Co.
     6.500 %     02/26/14     $ 704,253  
       
 
                      
       
 
                     10,151,542  
       
 
                      
       
Noncaptive-Diversified Finance 0.4%
                        
  525    
Capital One Financial Corp.
     6.750       09/15/17       438,687  
  320    
General Electric Capital Corp.
     6.875       01/10/39       261,711  
       
 
                      
       
 
                     700,398  
       
 
                      
       
Oil Field Services 0.7%
                        
  785    
Transocean, Inc. (Cayman Islands)
    6.000       03/15/18       740,815  
  650    
Weatherford International, Inc.
     6.350       06/15/17       557,729  
       
 
                      
       
 
                     1,298,544  
       
 
                      
       
Other Utilities 0.3%
                        
  375    
CenterPoint Energy Resources Corp.
     6.250       02/01/37       248,701  
  225    
CenterPoint Energy Resources Corp.
     7.875       04/01/13       230,557  
       
 
                      
       
 
                     479,258  
       
 
                      
       
Pharmaceuticals 6.1%
                        
  685    
Amgen, Inc.
     5.700       02/01/19       697,028  
  1,135    
Amgen, Inc.
     5.850       06/01/17       1,164,116  
  470    
AstraZeneca PLC (United Kingdom)
    5.900       09/15/17       498,483  
  415    
AstraZeneca PLC (United Kingdom)
    6.450       09/15/37       431,899  
  620    
Biogen Idec, Inc.
     6.875       03/01/18       590,647  
  550    
Bristol-Myers Squibb Co.
     6.125       05/01/38       550,710  
  740    
GlaxoSmithKline Capital, Inc.
     5.650       05/15/18       760,371  
  195    
GlaxoSmithKline Capital, Inc.
     6.375       05/15/38       197,576  
  1,765    
Hospira, Inc. (b)
    1.712       03/30/10       1,646,607  
  2,465    
Pfizer, Inc.
     6.200       03/15/19       2,631,900  
  1,280    
Roche Holdings, Inc. (a)
    6.000       03/01/19       1,319,909  

8

 

Van Kampen Bond Fund
Portfolio of Investments § March 31, 2009 (Unaudited) continued
                                 
Par                        
Amount                        
(000)     Description   Coupon     Maturity     Value  
 
       
Pharmaceuticals (continued)
                        
$ 425    
Schering-Plough Corp.
     6.000 %     09/15/17     $ 438,874  
  130    
Wyeth
    5.450       04/01/17       130,292  
  190    
Wyeth
    5.500       02/15/16       193,520  
       
 
                      
       
 
                     11,251,932  
       
 
                      
       
Pipelines 3.0%
                        
  276    
Colorado Interstate Gas Co.
     6.800       11/15/15       260,101  
  390    
DCP Midstream LLC (a)
    6.750       09/15/37       263,399  
  240    
Enterprise Products Operating LLC
    6.500       01/31/19       220,910  
  720    
Enterprise Products Operating, LP, Ser B
    5.600       10/15/14       666,534  
  560    
Kinder Morgan Energy Partners LP
    5.850       09/15/12       553,447  
  559    
Kinder Morgan, Inc.
     6.500       09/01/12       524,063  
  1,295    
Plains All American Pipeline LP
    6.700       05/15/36       939,625  
  755    
Texas Eastern Transmission LP
    7.000       07/15/32       690,854  
  985    
TransCanada Pipelines Ltd. (Canada)
    6.200       10/15/37       836,639  
  45    
Transcontinental Gas Pipe Line Corp.
     6.050       06/15/18       42,243  
  525    
Transcontinental Gas Pipe Line Corp.
     8.875       07/15/12       535,013  
       
 
                      
       
 
                     5,532,828  
       
 
                      
       
Property & Casualty Insurance 2.6%
                        
  755    
Ace INA Holdings, Inc.
     5.600       05/15/15       704,762  
  1,445    
AIG SunAmerica Global Financing VI (a)
    6.300       05/10/11       1,102,025  
  1,095    
Berkshire Hathaway Finance Corp.
     5.400       05/15/18       1,089,586  
  190    
Chubb Corp.
     5.750       05/15/18       187,938  
  500    
Farmers Exchange Capital (a)
    7.050       07/15/28       304,003  

9

 

Van Kampen Bond Fund
Portfolio of Investments § March 31, 2009 (Unaudited) continued
                                 
Par                        
Amount                        
(000)     Description   Coupon     Maturity     Value  
 
       
Property & Casualty Insurance (continued)
                        
$ 1,230    
Farmers Insurance Exchange Surplus (a)
    8.625 %     05/01/24     $ 778,479  
  620    
Travelers Cos., Inc.
     5.800       05/15/18       602,615  
  1,035    
Two-Rock Pass Through Trust (Bermuda) (a)(b)
    2.168       02/11/49       1,501  
       
 
                      
       
 
                     4,770,909  
       
 
                      
       
Railroads 1.8%
                        
  455    
Canadian National Railway Co. (Canada)
    5.550       03/01/19       468,575  
  1,000    
CSX Corp.
     6.750       03/15/11       1,006,842  
  455    
Norfolk Southern Corp. (a)
    5.750       01/15/16       457,798  
  745    
Union Pacific Corp.
     5.450       01/31/13       747,256  
  575    
Union Pacific Corp.
     6.125       02/15/20       560,773  
       
 
                      
       
 
                     3,241,244  
       
 
                      
       
Restaurants 0.9%
                        
  235    
McDonald’s Corp.
     5.000       02/01/19       244,892  
  430    
McDonald’s Corp.
     5.700       02/01/39       418,231  
  170    
Yum! Brands, Inc.
     6.250       03/15/18       158,781  
  630    
Yum! Brands, Inc.
     6.875       11/15/37       523,778  
  210    
Yum! Brands, Inc.
     8.875       04/15/11       224,151  
       
 
                      
       
 
                     1,569,833  
       
 
                      
       
Retailers 2.5%
                        
  90    
CVS Caremark Corp.
     5.750       06/01/17       87,905  
  1,260    
Home Depot, Inc.
     5.400       03/01/16       1,134,198  
  195    
Target Corp.
     6.500       10/15/37       173,316  
  545    
Walgreen Co.
     5.250       01/15/19       547,644  
  400    
Wal-Mart Stores, Inc.
     5.250       09/01/35       360,714  
  1,235    
Wal-Mart Stores, Inc.
     5.800       02/15/18       1,352,519  
  340    
Wal-Mart Stores, Inc.
     6.200       04/15/38       344,823  
  535    
Wal-Mart Stores, Inc.
     6.500       08/15/37       558,090  
       
 
                      
       
 
                     4,559,209  
       
 
                      

10

 

Van Kampen Bond Fund
Portfolio of Investments § March 31, 2009 (Unaudited) continued
                                 
Par                        
Amount                        
(000)     Description   Coupon     Maturity     Value  
 
       
Supermarkets 0.7%
                        
$ 574    
Delhaize America, Inc.
     9.000 %     04/15/31     $ 611,583  
  70    
Delhaize Group (Belgium)
    5.875       02/01/14       70,052  
  390    
Kroger Co.
     5.000       04/15/13       391,758  
  280    
Kroger Co.
     6.400       08/15/17       287,906  
       
 
                      
       
 
                     1,361,299  
       
 
                      
       
Technology 3.4%
                        
  675    
Cisco Systems, Inc.
     4.950       02/15/19       665,390  
  515    
Cisco Systems, Inc.
     5.900       02/15/39       474,771  
  190    
Corning, Inc.
     7.250       08/15/36       143,496  
  565    
Fiserv, Inc.
     6.800       11/20/17       529,413  
  650    
Hewlett-Packard Co.
     4.750       06/02/14       657,849  
  425    
Hewlett-Packard Co.
     5.500       03/01/18       436,572  
  900    
IBM Corp.
     7.625       10/15/18       1,034,268  
  200    
IBM Corp.
     8.000       10/15/38       238,416  
  770    
KLA Instruments Corp.
     6.900       05/01/18       609,606  
  1,105    
Oracle Corp.
     5.750       04/15/18       1,155,230  
  555    
Xerox Corp.
     6.350       05/15/18       414,131  
       
 
                      
       
 
                     6,359,142  
       
 
                      
       
Tobacco 1.4%
                        
  110    
Altria Group, Inc.
     9.250       08/06/19       117,809  
  340    
Altria Group, Inc.
     9.700       11/10/18       370,677  
  410    
Altria Group, Inc.
     10.200       02/06/39       419,823  
  350    
BAT International Finance PLC (United Kingdom) (a)
    9.500       11/15/18       398,308  
  1,245    
Philip Morris International, Inc.
     5.650       05/16/18       1,239,219  
  115    
Philip Morris International, Inc.
     6.375       05/16/38       111,733  
       
 
                      
       
 
                     2,657,569  
       
 
                      
       
Wireless 1.6%
                        
  400    
Rogers Communications, Inc. (Canada)
    6.800       08/15/18       400,476  
  1,375    
Verizon Wireless Capital LLC (a)
    5.550       02/01/14       1,377,590  

11

 

Van Kampen Bond Fund
Portfolio of Investments § March 31, 2009 (Unaudited) continued
                                 
Par                        
Amount                        
(000)     Description   Coupon     Maturity     Value  
 
       
Wireless (continued)
                        
$ 1,110    
Vodafone Group PLC (United Kingdom)
    5.625 %     02/27/17     $ 1,101,843  
       
 
                      
       
 
                     2,879,909  
       
 
                      
       
Wireline 8.0%
                        
  3,075    
AT&T Corp.
     8.000       11/15/31       3,349,099  
  495    
AT&T, Inc.
     6.300       01/15/38       436,001  
  155    
AT&T, Inc.
     6.550       02/15/39       141,016  
  560    
CenturyTel, Inc.
     6.000       04/01/17       468,305  
  590    
Citizens Communications Co.
     7.125       03/15/19       466,100  
  225    
Deutsche Telekom International Finance BV (Netherlands)
    6.750       08/20/18       226,358  
  440    
Deutsche Telekom International Finance BV (Netherlands)
    8.750       06/15/30       471,224  
  735    
France Telecom SA (France)
    8.500       03/01/31       929,275  
  365    
Qwest Corp.
     6.500       06/01/17       304,775  
  1,030    
SBC Communications, Inc.
     6.150       09/15/34       905,107  
  640    
Sprint Capital Corp.
     8.750       03/15/32       432,000  
  1,850    
Telecom Italia Capital SA (Luxembourg)
    6.999       06/04/18       1,679,550  
  1,670    
Telefonica Europe BV (Netherlands)
    8.250       09/15/30       1,841,499  
  1,255    
Verizon Communications, Inc.
     5.500       02/15/18       1,197,224  
  130    
Verizon Communications, Inc.
     6.350       04/01/19       128,667  
  490    
Verizon Communications, Inc.
     6.900       04/15/38       475,368  
  1,155    
Verizon Communications, Inc.
     8.950       03/01/39       1,331,113  
       
 
                      
       
 
                     14,782,681  
       
 
                      
       
Total Corporate Bonds 90.1%
                    166,393,929  
       
 
                      
       
United States Treasury Obligations 4.7%
                        
  3,995    
United States Treasury (STRIPS)
    *       11/15/19       2,803,276  
  5,050    
United States Treasury (STRIPS)
    *       11/15/20       3,341,888  

12

 

Van Kampen Bond Fund
Portfolio of Investments § March 31, 2009 (Unaudited) continued
                                 
Par                        
Amount                        
(000)     Description   Coupon     Maturity     Value  
 
       
United States Treasury Obligations (continued)
                        
$ 3,835    
United States Treasury (STRIPS)
    *       05/15/21     $ 2,483,097  
       
 
                      
       
Total United States Treasury Obligations 4.7%
                 8,628,261  
       
 
                      
       
 
                        
       
Asset Backed Securities 0.6%
                        
  455    
America West Airlines, Inc.
     7.100 %     04/02/21       288,971  
  1,156    
CVS Lease Pass-Through Trust (a)
    6.036       12/10/28       870,860  
       
 
                      
       
Total Asset Backed Securities 0.6%
                     1,159,831  
       
 
                      
       
 
                        
       
Foreign Government Obligations 0.6%
                        
  1,100    
Mexico Government International Bond (Mexico)
    5.625       01/15/17       1,081,300  
       
 
                      
       
 
                        
Total Long-Term Investments 96.0%
 (Cost $190,978,127)
                     177,263,321  
       
 
                      
       
 
                        
Short-Term Investments 3.9%        
Repurchase Agreements 1.9%        
Banc of America Securities ($179,933 par collateralized by U.S. Government obligations in a pooled cash account, interest rate of 0.10%, dated 03/31/09, to be sold on 04/01/09 at $179,933)
     179,933  
Citigroup Global Markets, Inc. ($1,799,327 par collateralized by U.S. Government obligations in a pooled cash account, interest rate of 0.13%, dated 03/31/09, to be sold on 04/01/09 at $1,799,334)
     1,799,327  
Citigroup Global Markets, Inc. ($863,677 par collateralized by U.S. Government obligations in a pooled cash account, interest rate of 0.14%, dated 03/31/09, to be sold on 04/01/09 at $863,680)
     863,677  
JPMorgan Chase & Co. ($539,798 par collateralized by U.S. Government obligations in a pooled cash account, interest rate of 0.14%, dated 03/31/09, to be sold on 04/01/09 at $539,800
     539,798  

13

 

Van Kampen Bond Fund
Portfolio of Investments § March 31, 2009 (Unaudited) continued
         
Description   Value  
 
Repurchase Agreements (continued)
        
State Street Bank & Trust Co. ($9,265 par collateralized by U.S. Government obligations in a pooled cash account, interest rate of 0.01%, dated 03/31/09, to be sold on 04/01/09 at $9,265)
   $ 9,265  
 
      
Total Repurchase Agreements 1.9%
    3,392,000  
 
      
 
        
United States Government Agency Obligations 2.0%
        
United States Treasury Bill ($3,755,000 par, yielding 0.114%, 05/15/09 maturity) (d)
     3,754,482  
 
      
 
        
Total Short-Term Investments 3.9%
(Cost $7,146,482)
    7,146,482  
 
      
 
        
Total Investments 99.9%
(Cost $198,124,609)
    184,409,803  
 
        
Other Assets in Excess of Liabilities 0.1%
    263,707  
 
      
 
        
Net Assets 100.0%
  $ 184,673,510  
 
      
Percentages are calculated as a percentage of net assets.
 
*   Zero coupon bond
 
(a)   144A-Private Placement security which is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. This security may only be resold in transactions exempt from registration which are normally those transactions with qualified institutional buyers.
 
(b)   Floating Rate Coupon
 
(c)   Variable Rate Coupon
 
(d)   All or a portion of this security has been physically segregated in connection with open futures contracts and swap contracts.
 
 
STRIPS – Separate Trading of Registered Interest and Principal of Securities

14

 

Van Kampen Bond Fund
Portfolio of Investments § March 31, 2009 (Unaudited) continued
Futures contracts outstanding as of March 31, 2009:
                 
            Unrealized  
            Appreciation/  
    Contracts     Depreciation  
Long Contracts:
                
U.S. Treasury Notes 5-Year Futures, June 2009 (Current Notional Value of $118,766 per contract)
    110     $ 236,369  
 
            
Short Contracts:
                
U.S. Treasury Bond 30-Year Futures, June 2009 (Current Notional Value of $129,703 per contract)
    34       (88,121 )
U.S. Treasury Notes 10-Year Futures, June 2009 (Current Notional Value of $124,078 per contract)
    188       (366,956 )
 
            
Total Short Contracts
     222       (455,077 )
 
            
Total Futures Contracts
     332     $ (218,708 )
 
            
Swap agreements outstanding as of March 31, 2009:
Credit Default Swaps
                                                                 
                    Pay/                                     Credit  
                    Receive             Notional                     Rating of  
            Buy/Sell     Fixed     Expiration     Amount     Upfront             Reference  
Counterparty   Reference Entity     Protection     Rate     Date     (000)     Payments     Value     Entity*  
Bank of America, N.A.
   Carnival Corp.   Buy     1.570 %     03/20/18     $ 855     $ 0     $ 48,954     BBB
Bank of America, N.A.
   CenturyTel, Inc   Buy     0.880       09/20/17       530       0       4,890     BBB
Bank of America, N.A.
   Toll Brothers, Inc   Buy     2.900       03/20/13       1,065       0       (39,606 )   BBB
Goldman Sachs
International
   Sealed Air Corp.   Buy     1.080       03/20/18       370       0       34,808     BB
 
                                                          
 
                                     2,820       0       49,046          
 
                                                          
Goldman Sachs
International
   CDX.NA.IG.10   Sell     1.550       06/20/13       5,973       34,087       (237,325 )   NR
Goldman Sachs
International
   CDX.NA.IG.HVOL.9   Sell     1.400       12/20/12       2,035       (115,263 )     (285,135 )   NR
Goldman Sachs
International
   CDX.NA.IG.HVOL.9   Sell     1.400       12/20/12       2,127       (117,911 )     (298,003 )   NR
Goldman Sachs
International
   CDX.NA.IG.HVOL.9   Sell     1.400       12/20/12       4,563       (269,421 )     (639,353 )   NR
 
                                                          
 
                                     14,698       (468,508 )     (1,459,816 )        
 
                                                          
Total Credit Default Swaps
                               $ 17,518     $ (468,508 )   $ (1,410,770 )        
 
                                                          
 
NR-Not Rated
 
*   Credit rating as issued by Standard and Poor’s.
Interest Rate Swaps
                                         
        Pay/                            
        Receive                   Notional        
        Floating   Fixed   Expiration   Amount        
Counterparty   Floating Rate Index   Rate   Rate   Date     (000)     Value  
JPMorgan Chase Bank, N.A.
   USD-LIBOR BBA   Pay     * *     11/15/21       2,667     $ 22,353  
 
                                      
 
                                     22,353  
 
                                      
Barclays Bank PLC
   USD-LIBOR BBA   Receive     * *     11/15/19       2,446       (428,839 )
JPMorgan Chase Bank, N.A.
   USD-LIBOR BBA   Receive     * *     11/15/20       2,915       (580,171 )
JPMorgan Chase Bank, N.A.
   USD-LIBOR BBA   Receive     * *     05/15/21       2,156     (448,292 )

15

 

Van Kampen Bond Fund
Portfolio of Investments § March 31, 2009 (Unaudited) continued
                                         
        Pay/                            
        Receive                   Notional        
        Floating   Fixed   Expiration     Amount        
Counterparty   Floating Rate Index   Rate   Rate   Date     (000)     Value  
JPMorgan Chase Bank, N.A.
   USD-LIBOR BBA   Receive     * *     11/15/21       2,225     $ (433,722 )
 
                                      
 
                                     (1,891,024 )
 
                                      
Total Interest Rate Swaps
                                     (1,868,671 )
 
                                      
Total Swap Agreements
                                   $ (3,279,441 )
 
                                      
 
**   Zero coupon swap. The Fund and/or counterparty will make a net payment on the expiration date.
The Fund adopted Financial Accounting Standards Board Statement of Financial Accounting Standards No. 157, Fair Value Measurements (FAS 157), effective July 1, 2008. In accordance with FAS 157, fair value is defined as the price that the Fund would receive to sell an investment or pay to transfer a liability in an orderly transaction with an independent buyer in the principal market, or in the absence of a principal market the most advantageous market for the investment or liability. FAS 157 establishes a three-tier hierarchy to distinguish between (1) inputs that reflect the assumptions market participants would use in pricing an asset or liability developed based on market data obtained from sources independent of the reporting entity (observable inputs) and (2) inputs that reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing an asset or liability developed based on the best information available in the circumstances (unobservable inputs) and to establish classification of fair value measurements for disclosure purposes. Various inputs are used in determining the value of the Fund’s investments. The inputs are summarized in the three broad levels listed below.
Level 1 — quoted prices in active markets for identical investments
Level 2 — other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)
Level 3 — significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)
The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
The following is a summary of the inputs used as of March 31, 2009 in valuing the Fund’s investments carried at value:
                 
    Investments in   Other Financial
Valuation Inputs   Securities   Instruments*
Level 1 - Quoted Prices
   $ -0-     $ (218,708 )
Level 2 - Other Significant Observable Inputs
     184,409,803       (3,279,441 )
Level 3 - Significant Unobservable Inputs
     -0-       -0-  
     
Total
   $ 184,409,803     $ (3,498,149 )
     
 
*   Other financial instruments include futures and swap contracts.
Following is a reconciliation of investments in which significant unobservable inputs (Level 3) were used in determining value:
         
    Investments in  
    Securities  
Balance as of 6/30/08
   $ 91,255  
Accrued Discounts/Premiums
     -0-  
Realized Gain/Loss
     (1,291,481 )
Change in Unrealized Appreciation/Depreciation
     1,243,586  
Net Purchases/Sales
     (43,360 )
Net Transfers in and/or out of Level 3
     -0-  
 
      
Balance as of 3/31/09
   $ -0-  
Net Change in Unrealized Appreciation/Depreciation from Investments still held as of 3/31/09
     1,243,586  
Fixed income investments are stated at value using market quotations or indications of value obtained from an independent pricing service. Investments in securities listed on a securities exchange are valued at their last sale price as of the close of such securities exchange. Listed and unlisted securities for which the last sale price is not available are valued at the mean of the last reported bid and asked prices. For those securities where quotations or prices are not readily available as noted above, valuations are determined in accordance with procedures established in good faith by the Board of Trustees. Factors considered in making this determination may include, but are not limited to, information obtained by contacting the issuer, analysts, or the appropriate stock exchange (for exchange-traded securities), analysis of issuer’s financial statements or other available documents and, if necessary, available information concerning other securities in similar circumstances. Futures contracts are valued at the settlement price established each day on the exchange on which they are traded. Credit default and interest rate swaps are valued using market quotations from brokers. Short-term securities with remaining maturities of 60 days or less are valued at amortized cost, which approximates market value.

16

 

Item 2. Controls and Procedures.
(a) The Fund’s principal executive officer and principal financial officer have concluded that the Fund’s disclosure controls and procedures are sufficient to ensure that information required to be disclosed by the Fund in this Form N-Q was recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms, based upon such officers’ evaluation of these controls and procedures as of a date within 90 days of the filing date of the report.
(b) There were no changes in the Fund’s internal control over financial reporting that occurred during the registrant’s fiscal quarter that has materially affected, or is reasonably likely to materially affect, the Fund’s internal control over financial reporting.
Item 3. Exhibits.
(a) A certification for the Principal Executive Officer of the registrant is attached hereto as part of EX-99.cert.
(b) A certification for the Principal Financial Officer of the registrant is attached hereto as part of 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) Van Kampen Bond Fund
         
By:
  /s/ Edward C. Wood III
 
    
Name:
  Edward C. Wood III    
Title:
  Principal Executive Officer    
Date:
  May 19, 2009    
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
         
By:
  /s/ Edward C. Wood III
 
    
Name:
  Edward C. Wood III    
Title:
  Principal Executive Officer    
Date:
  May 19, 2009    
         
By:
  /s/ Stuart N. Schuldt
 
    
Name:
  Stuart N. Schuldt    
Title:
  Principal Financial Officer    
Date:
  May 19, 2009