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)
1221 Avenue of the Americas, New York, New York 10020
(Address of principal executive offices) (Zip code)
Ronald Robison
1221 Avenue of the Americas, New York, New York 10020
(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: 3/31/06
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, 2006 (UNAUDITED)
PAR
AMOUNT
(000) DESCRIPTION COUPON MATURITY VALUE
CORPORATE BONDS 69.6%
AEROSPACE & DEFENSE 0.2%
$ 407 Raytheon Co. 4.500 % 11/15/07 $ 401,694
--------------
1,280 AUTOMOTIVE 3.2%
1,785 DaimlerChrysler NA Holding Corp. 8.500 01/18/31 1,501,673
4,075 General Motors Acceptance Corp. 6.875 09/15/11 1,665,596
720 General Motors Corp. 8.375 07/15/33 3,005,312
Lear Corp., Ser B 8.110 05/15/09 670,045
-------------
6,842,626
-------------
2,230 BANKING 13.5%
2,250 Bank of America Corp. 3.375 02/17/09 2,120,242
2,860 HBOS Treasury Services, 144A-Private Placement
(United Kingdom) (a) 3.500 11/30/07 2,190,782
2,255 JPMorgan Chase & Co. 6.750 02/01/11 3,009,561
1,635 M & I Marshall & Ilsley Bank 3.800 02/08/08 2,198,321
2,315 MBNA Corp. (Variable Rate Coupon) 5.140 05/05/08 1,647,923
2,195 National City Bank 3.375 10/15/07 2,251,733
2,250 SunTrust Banks, Inc. 5.050 07/01/07 2,180,974
1,090 U.S. Bancorp. 3.950 08/23/07 2,210,474
3,735 USB Capital IX (Variable Rate Coupon) 6.189 03/29/49 1,081,540
1,350 Wachovia Capital Trust III (Variable Rate Coupon) 5.800 08/29/49 3,673,443
885 Wachovia Corp. 3.625 02/17/09 1,290,697
925 Wachovia Corp. 4.950 11/01/06 883,355
900 Washington Mutual Bank FA 5.500 01/15/13 915,502
2,190 Washington Mutual, Inc. 8.250 04/01/10 980,349
Wells Fargo & Co. 5.125 02/15/07 2,189,293
-------------
28,824,189
-------------
BROKERAGE 1.6%
185 Goldman Sachs Group, Inc. 5.250 10/15/13 180,382
2,000 Lehman Brothers Holdings, Inc. 8.500 05/01/07 2,062,610
841 World Financial Prop., 144A-Private Placement (a) 6.910 09/01/13 881,762
382 World Financial Prop., 144A-Private Placement (a) 6.950 09/01/13 401,509
-------------
3,526,263
-------------
CHEMICALS 1.1%
640 ICI Wilmington, Inc. 4.375 12/01/08 617,427
1,785 Sealed Air Corp., 144A-Private Placement (a) 5.625 07/15/13 1,737,405
-------------
2,354,832
-------------
CONSTRUCTION MACHINERY 0.9%
2,045 Caterpillar Financial Services Corp., Ser F 3.625 11/15/07 1,994,591
----------------
CONSUMER PRODUCTS 0.7%
1,495 Clorox Co. (Variable Rate Coupon) 5.025 12/14/07 1,498,832
---------------
DIVERSIFIED MANUFACTURING 2.6%
1,245 Brascan Corp. (Canada) 7.125 06/15/12 1,324,554
1,275 Cooper Industries, Inc. 5.250 07/01/07 1,269,931
1,155 Cooper Industries, Inc., 144A-Private Placement (a) 5.250 11/15/12 1,134,632
1,845 United Technologies Corp. 4.375 05/01/10 1,781,519
---------------
5,510,636
---------------
ELECTRIC 7.9%
1,350 Ameren Corp. 4.263 05/15/07 1,332,511
1,340 Arizona Public Service Co. 5.800 06/30/14 1,322,041
795 Arizona Public Service Co. 6.750 11/15/06 800,682
805 Carolina Power & Light Co. 6.800 08/15/07 819,306
1,460 CC Funding Trust I 6.900 02/16/07 1,476,212
860 Cincinnati Gas & Electric Co. 5.700 09/15/12 857,815
865 Detroit Edison Co. 6.125 10/01/10 885,172
960 Duquesne Light Co., Ser O 6.700 04/15/12 1,013,024
655 Entergy Gulf States, Inc. 3.600 06/01/08 626,760
1,600 Entergy Gulf States, Inc. (Variable Rate Coupon) 5.220 12/01/09 1,583,102
425 Entergy Gulf States, Inc., 144A-Private Placement
(Variable Rate Coupon) (a) 5.610 12/08/08 425,501
1,290 FPL Group Capital, Inc. 3.250 04/11/06 1,289,581
255 Indianapolis Power & Light Co., 144A-Private Placement (a) 6.300 07/01/13 260,654
655 Monongahela Power Co. 5.000 10/01/06 653,211
900 NiSource Finance Corp. (Variable Rate Coupon) 5.344 11/23/09 903,787
1,270 Pacific Gas & Electric Co. 6.050 03/01/34 1,246,924
650 PSE&G Energy Holdings, LLC 8.625 02/15/08 680,875
255 TXU Corp., Ser J 6.375 06/15/06 256,739
560 Wisconsin Electric Power 3.500 12/01/07 543,584
----------------
16,977,481
----------------
ENVIRONMENTAL & FACILITIES SERVICES 1.0%
1,500 Waste Management, Inc. 7.000 10/15/06 1,513,258
550 Waste Management, Inc. 7.375 08/01/10 587,283
----------------
2,100,541
----------------
FOOD/BEVERAGE 0.6%
570 ConAgra Foods, Inc. 7.000 10/01/28 591,407
520 ConAgra Foods, Inc. 8.250 09/15/30 610,965
160 Pilgrim's Pride Corp. 9.625 09/15/11 167,600
----------------
1,369,972
----------------
GAMING 0.7%
1,675 Harrah's Operating Co., Inc. 5.625 06/01/15 1,607,759
-------------
HEALTHCARE 2.4%
600 AmerisourceBergen Corp., 144A - Private Placement (a) 5.625 09/15/12 593,101
1,885 Health Net, Inc. (Variable Rate Coupon) 9.875 04/15/11 2,147,482
1,130 UnitedHealth Group, Inc. 5.200 01/17/07 1,129,884
650 Wellpoint, Inc. 3.750 12/14/07 633,242
590 Wellpoint, Inc. 4.250 12/15/09 567,031
-------------
5,070,740
-------------
INDEPENDENT ENERGY 0.4%
285 Kerr-McGee Corp. 5.875 09/15/06 286,784
470 Kerr-McGee Corp. 6.625 10/15/07 478,532
-------------
765,316
-------------
INTEGRATED ENERGY 0.6%
790 Consumers Energy Co., Ser F 4.000 05/15/10 742,981
455 Consumers Energy Co., Ser H 4.800 02/17/09 446,041
-------------
1,189,022
-------------
LIFE INSURANCE 3.2%
635 AXA Financial, Inc. 6.500 04/01/08 648,889
475 John Hancock Financial Services, Inc. 5.625 12/01/08 479,405
2,365 Marsh & McLennan Cos., Inc. 5.875 08/01/33 2,150,402
105 MetLife, Inc. 6.125 12/01/11 108,438
1,030 Monumental Global Funding II, 144A-Private Placement (a) 3.850 03/03/08 1,002,308
585 Nationwide Financial Services, Inc. 6.250 11/15/11 602,477
1,895 Xlliac Global Funding, 144A-Private Placement (a) 4.800 08/10/10 1,838,662
-------------
6,830,581
-------------
LODGING 0.7%
1,325 Hyatt Equities, LLC, 144A-Private Placement (a) 6.875 06/15/07 1,343,729
185 Starwood Hotels & Resorts Worldwide, Inc.
(Variable Rate Coupon) 7.375 05/01/07 189,162
-------------
1,532,891
-------------
MEDIA-CABLE 1.7%
1,835 Comcast Cable Communications, Inc. 6.750 01/30/11 1,909,450
90 Comcast Cable Communications, Inc. 7.125 06/15/13 95,420
490 Comcast Cable Communications, Inc. 8.375 05/01/07 505,210
935 Echostar DBS Corp. 6.375 10/01/11 918,637
180 Echostar DBS Corp. 6.625 10/01/14 174,825
-------------
3,603,542
-------------
MEDIA-NONCABLE 1.0%
950 Interpublic Group of Cos., Inc. 5.400 11/15/09 881,125
970 News America Holdings, Inc. 8.875 04/26/23 1,157,936
115 News America, Inc., 144A-Private Placement (a) 6.400 12/15/35 110,310
-------------
2,149,371
-------------
NATURAL GAS DISTRIBUTORS 0.4%
890 Sempra Energy 4.621 05/17/07 882,318
------------
NATURAL GAS PIPELINES 1.2%
765 Consolidated Natural Gas Co., Ser A 5.000 12/01/14 718,446
1,065 Consolidated Natural Gas Co., Ser C 6.250 11/01/11 1,089,465
755 Texas Eastern Transmission Corp. 7.000 07/15/32 840,662
------------
2,648,573
------------
NONCAPTIVE-CONSUMER FINANCE 5.6%
1,000 American Express Co. 4.750 06/17/09 986,260
230 American General Finance Corp. 4.625 05/15/09 225,465
2,000 American General Finance Corp. 4.625 09/01/10 1,928,302
2,245 Countrywide Home Loans, Inc. 3.250 05/21/08 2,149,372
1,555 HSBC Finance Corp. 6.750 05/15/11 1,638,828
1,000 HSBC Finance Corp. 7.875 03/01/07 1,022,084
150 HSBC Finance Corp. 8.000 07/15/10 163,821
2,595 Residential Capital Corp. 6.375 06/30/10 2,616,655
1,330 SLM Corp. 5.000 10/01/13 1,276,179
------------
12,006,966
------------
NONCAPTIVE-DIVERSIFIED FINANCE 2.6%
415 CIT Group, Inc. 3.650 11/23/07 404,458
415 CIT Group, Inc. 7.375 04/02/07 423,076
2,100 General Electric Capital Corp., Ser A 4.750 09/15/14 2,001,470
90 General Electric Capital Corp., Ser A 5.875 02/15/12 92,058
415 General Electric Capital Corp., Ser A 6.750 03/15/32 463,626
2,240 Nationwide Building Society, 144A-Private Placement
(United Kingdom) (a) 4.250 02/01/10 2,150,563
------------
5,535,251
------------
OIL FIELD SERVICES 0.2%
380 Panhandle Eastern Pipe Line Co., Ser B 2.750 03/15/07 370,600
------------
PROPERTY & CASUALTY 4.0%
1,195 AIG SunAmerica Global Financing VI, 144A-Private Placement (a) 6.300 05/10/11 1,241,425
1,545 Farmers Exchange Capital, 144A-Private Placement (a) 7.050 07/15/28 1,571,478
1,230 Farmers Insurance Exchange Surplus, 144A-Private Placement (a) 8.625 05/01/24 1,440,507
125 Hartford Financial Services Group, Inc. 2.375 06/01/06 124,480
1,800 Mantis Reef Ltd., 144A-Private Placement (Australia) (a) 4.692 11/14/08 1,751,792
1,415 St. Paul Travelers Cos., Inc. 5.010 08/16/07 1,402,849
1,035 Two-Rock Pass Through Trust, 144A-Private Placement
(Variable Rate Coupon) (Bermuda) (a) 5.680 02/11/49 1,029,784
------------
8,562,315
------------
RAILROADS 2.5%
590 Burlington Northern Santa Fe Corp. 6.125 03/15/09 603,006
615 Burlington Northern Santa Fe Railway Co. 4.575 01/15/21 579,852
1,000 CSX Corp. 6.750 03/15/11 1,051,448
520 Norfolk Southern Corp. 7.350 05/15/07 532,055
2,600 Union Pacific Corp. 6.625 02/01/08 2,655,065
------------
5,421,426
------------
REAL ESTATE INVESTMENT TRUSTS 0.6%
250 EOP Operating LP 4.750 03/15/14 230,603
175 EOP Operating LP 7.875 07/15/31 198,344
850 Reckson Operating Partnership LP 5.150 01/15/11 824,754
------------
1,253,701
------------
REFINING 0.1%
250 Vintage Petroleum, Inc. 7.875 05/15/11 260,030
------------
RETAIL 2.1%
270 CVS Corp. 3.875 11/01/07 264,049
500 Federated Department Stores, Inc. 6.300 04/01/09 511,360
1,500 Federated Department Stores, Inc. 6.625 09/01/08 1,541,895
920 Limited Brands, Inc. 6.950 03/01/33 900,754
1,275 May Department Stores Co. 5.950 11/01/08 1,291,112
------------
4,509,170
------------
SUPERMARKETS 1.1%
1,390 Albertson's, Inc. 8.000 05/01/31 1,297,231
1,035 Kroger Co. 7.450 03/01/08 1,070,083
------------
2,367,314
------------
TEXTILE 0.8%
580 Mohawk Industries, Inc. 6.125 01/15/16 575,317
995 Mohawk Industries, Inc., Ser D 7.200 04/15/12 1,042,077
------------
1,617,394
------------
TRANSPORTATION SERVICES 0.5%
1,000 FedEx Corp. 2.650 04/01/07 972,337
------------
WIRELINE COMMUNICATIONS 3.9%
1,785 AT&T Corp. (Variable Rate Coupon) 9.750 11/15/31 2,137,796
1,400 Deutsche Telekom International Finance BV
(Variable Rate Coupon) (Netherlands) 8.250 06/15/30 1,679,551
1,335 France Telecom SA (France) 8.500 03/01/31 1,672,448
1,125 SBC Communications, Inc. 6.150 09/15/34 1,071,814
1,010 Sprint Capital Corp. 8.750 03/15/32 1,266,447
590 Verizon New England, Inc. 6.500 09/15/11 599,649
------------
8,427,705
------------
TOTAL CORPORATE BONDS 69.6% 148,985,979
------------
UNITED STATES GOVERNMENT AGENCY OBLIGATIONS 20.1%
6,155 United States Treasury Bonds (STRIPS) * 02/15/25 2,375,688
3,255 United States Treasury Bonds (STRIPS) * 02/15/27 1,142,713
7,180 United States Treasury Bonds 6.125 08/15/29 8,234,003
6,000 United States Treasury Bonds 6.375 08/15/27 7,017,192
21,250 United States Treasury Notes 4.250 08/15/13 20,444,838
4,000 United States Treasury Notes 4.250 11/15/13 3,843,128
------------
TOTAL UNITED STATES GOVERNMENT AGENCY OBLIGATIONS 43,057,562
------------
TOTAL LONG-TERM INVESTMENTS 89.7%
(Cost $194,525,232) 192,043,541
------------
SHORT-TERM INVESTMENTS 9.4%
REPURCHASE AGREEMENT 9.3%
State Street Bank & Trust Co. ($19,839,000 par collateralized by U.S. Government
obligations in a pooled cash account, interest rate of 4.72%, dated 03/31/06,
to be sold on 04/03/06 at $19,846,803) 19,839,000
UNITED STATES GOVERNMENT AGENCY OBLIGATIONS 0.1%
United States Treasury Bills ($300,000 par, yielding 4.312%, 07/13/06 maturity) (b) 296,344
------------
TOTAL SHORT-TERM INVESTMENTS
(Cost $20,135,344) 20,135,344
------------
TOTAL INVESTMENTS 99.1%
(Cost $214,660,576) 212,178,885
OTHER ASSETS IN EXCESS OF LIABILITIES 0.9% 1,922,563
------------
NET ASSETS 100.0% $214,101,448
============
Percentages are calculated as a percentage of net assets.
* Zero coupon bond
(a) 144A securities are those which are exempt from registration under
Rule 144A of the Securities Act of 1933, as amended. These securities
may only be resold in transactions exempt from registration which are
normally those transactions with qualified institutional buyers.
(b) All or a portion of this security has been physically segregated in
connection with open futures contracts.
STRIPS - Separate Trading of Registered Interest & Principal of Securities.
FUTURE CONTRACTS OUTSTANDING AS OF MARCH 31, 2006:
UNREALIZED
APPRECIATION/
CONTRACTS DEPRECIATION
---------- -------------
Long Contracts:
U.S. Treasury Notes 10-Year Futures, June 2006 (Current Notional Value of
$106,391 per contract) 283 ($435,192)
U.S. Treasury Bonds Futures, June 2006 (Current Notional Value of $109,156
per contract) 4 (14,261)
Short Contracts:
U.S. Treasury Notes 5-Year Futures, June 2006 (Current Notional Value of
$104,438 per contract) 91 81,578
U.S. Treasury Notes 2-Year Futures, June 2006 (Current Notional Value of
$203,859 per contract) 102 56,344
--- ---------
480 ($311,531)
--- ---------
SWAP AGREEMENTS OUTSTANDING AS OF MARCH 31, 2006:
CREDIT DEFAULT SWAPS
PAY/
RECEIVE NOTIONAL UNREALIZED
REFERENCE BUY/SELL FIXED EXPIRATION AMOUNT APPRECIATION/
COUNTERPARTY ENTITY PROTECTION RATE DATE (000) DEPRECIATION
---------------------------------------------------------------------------------------------------------------------
Goldman Sachs Jones Apparel
Capital Markets Group, Inc. Buy 1.64% 6/20/11 $ 1,300 $ 87
------- ----
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/ Ronald E. Robison
---------------------------------
Name: Ronald E. Robison
Title: Principal Executive Officer
Date: May 18, 2006
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/ Ronald E. Robison
---------------------------------
Name: Ronald E. Robison
Title: Principal Executive Officer
Date: May 18, 2006
By: /s/ Phillip G. Goff
---------------------------------
Name: Phillip G. Goff
Title: Principal Financial Officer
Date: May 18, 2006