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: 3/31/05
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, 2005 (Unaudited)
PAR
AMOUNT
(000) DESCRIPTION COUPON MATURITY VALUE
--------------------------------------------------------------------------------------------------------------------
Corporate Bonds 81.8%
AEROSPACE & DEFENSE 0.7%
$ 407 Raytheon Co. 4.500 % 11/15/07 $ 412,879
875 Raytheon Co. 8.300 03/01/10 1,005,668
-------------------
1,418,547
-------------------
AIRLINES 0.4%
220 Continental Airlines, Inc. 6.648 09/15/17 208,589
568 Continental Airlines, Inc. 6.900 01/02/18 557,441
-------------------
766,030
-------------------
AUTOMOTIVE 5.8%
430 AutoNation, Inc. 9.000 08/01/08 475,150
120 DaimlerChrysler North America Holding Corp. 7.300 01/15/12 131,018
1,280 DaimlerChrysler North America Holding Corp. 8.500 01/18/31 1,549,012
2,730 Ford Motor Credit Co. 7.250 10/25/11 2,697,494
640 General Motors Acceptance Corp. 4.500 07/15/06 624,498
4,125 General Motors Acceptance Corp. 6.875 09/15/11 3,737,159
1,885 General Motors Acceptance Corp. 8.000 11/01/31 1,645,654
2,240 General Motors Corp. 8.375 07/15/33 1,921,476
-------------------
12,781,461
-------------------
BANKING 14.0%
2,230 Bank of America Corp. 3.375 02/17/09 2,140,642
2,250 Bank of Scotland, 144A-Private Placement
(United Kingdom) (a) 3.500 11/30/07 2,205,070
545 Citigroup, Inc. 6.000 02/21/12 580,966
2,110 Citigroup, Inc. 5.625 08/27/12 2,189,311
3,340 JPMorgan Chase & Co. 6.750 02/01/11 3,661,128
2,250 KeyCorp. 6.750 03/15/06 2,304,283
2,255 M & I Marshall & Ilsley Bank 3.800 02/08/08 2,219,885
400 MBNA America Bank NA 7.125 11/15/12 446,220
1,625 MBNA Corp. 6.125 03/01/13 1,716,905
2,315 National City Bank 3.375 10/15/07 2,271,596
2,195 SunTrust Banks, Inc. 5.050 07/01/07 2,232,447
2,250 U.S. Bancorp. 3.950 08/23/07 2,241,094
885 Wachovia Corp. 4.950 11/01/06 896,367
1,350 Wachovia Corp. 3.625 02/17/09 1,307,710
925 Washington Mutual Bank FA 5.500 01/15/13 945,449
900 Washington Mutual, Inc. 8.250 04/01/10 1,021,997
2,190 Wells Fargo & Co. 5.125 02/15/07 2,229,884
-------------------
30,610,954
-------------------
BROKERAGE 2.6%
1,670 Goldman Sachs Group, Inc. 6.875 01/15/11 1,823,729
185 Goldman Sachs Group, Inc. 5.250 10/15/13 184,092
2,000 Lehman Brothers Holdings, Inc. 8.500 05/01/07 2,170,806
923 World Financial Prop., 144A-Private Placement (a) 6.910 09/01/13 991,032
420 World Financial Prop., 144A-Private Placement (a) 6.950 09/01/13 450,592
-------------------
5,620,251
-------------------
CHEMICALS 0.9%
60 FMC Corp. 10.250 11/01/09 67,200
640 ICI Wilmington, Inc. 4.375 12/01/08 632,633
1,285 Sealed Air Corp., 144A-Private Placement (a) 5.625 07/15/13 1,301,837
-------------------
2,001,670
-------------------
CONSTRUCTION MACHINERY 0.9%
2,045 Caterpillar Financial Services Corp., Ser F 3.625 11/15/07 2,012,423
-------------------
CONSUMER PRODUCTS 1.4%
1,495 Clorox Co., 144A-Private Placement (Variable
Rate Coupon) (a) 2.544 12/14/07 1,497,713
1,305 Xerox Corp. 7.125 06/15/10 1,355,569
325 Xerox Corp. 6.875 08/15/11 332,719
-------------------
3,186,001
-------------------
DIVERSIFIED MANUFACTURING 1.4%
1,275 Cooper Industries, Inc. 5.250 07/01/07 1,298,593
705 Hutchison Whampoa International Ltd., 144A-
Private Placement (Cayman Islands) (a) 5.450 11/24/10 715,323
890 Hutchison Whampoa International Ltd., 144A-
Private Placement (Cayman Islands) (a) 6.500 02/13/13 941,077
-------------------
2,954,993
-------------------
ELECTRIC 10.3%
795 Arizona Public Service Co. 6.750 11/15/06 824,983
1,250 Arizona Public Service Co. 5.800 06/30/14 1,311,729
805 Carolina Power & Light Co. 6.800 08/15/07 847,858
220 CC Funding Trust I 6.900 02/16/07 229,914
370 CenterPoint Energy 7.750 02/15/11 420,085
625 Cincinnati Gas & Electric Co. 5.700 09/15/12 649,103
865 Detroit Edison Co. 6.125 10/01/10 920,970
400 Detroit Edison Co., Ser A, 144A-Private Placement
(a) 4.800 02/15/15 388,624
960 Duquesne Light Co. 6.700 04/15/12 1,057,425
655 Entergy Gulf States, Inc. 3.600 06/01/08 636,103
1,600 Entergy Gulf States, Inc. (Variable Rate Coupon) 2.800 12/01/09 1,607,512
1,660 Exelon Corp. 6.750 05/01/11 1,808,543
1,290 FPL Group Capital, Inc. 3.250 04/11/06 1,282,247
255 Indianapolis Power & Light Co., 144A-Private
Placement (a) 6.300 07/01/13 268,844
545 Monongahela Power Co. 5.000 10/01/06 550,988
390 Nevada Power Co. 9.000 08/15/13 439,725
1,323 Niagara Mohawk Power Corp., Ser F 7.625 10/01/05 1,349,166
875 NiSource Finance Corp. 7.625 11/15/05 895,235
900 NiSource Finance Corp. (Variable Rate Coupon) 2.915 11/23/09 906,142
1,660 Ohio Edison Co. 5.450 05/01/15 1,663,624
1,215 Pacific Gas & Electric Co. 6.050 03/01/34 1,251,887
80 PSEG Energy Holdings, Inc. 7.750 04/16/07 82,600
650 PSEG Energy Holdings, Inc. 8.625 02/15/08 689,000
455 Reliant Energy, Inc. 6.750 12/15/14 426,562
195 Southern CA Edison Co. 5.000 01/15/14 193,605
365 Texas-New Mexico Power Co. 6.250 01/15/09 380,505
255 TXU Corp., Ser J 6.375 06/15/06 260,963
665 TXU Energy Co. 7.000 03/15/13 728,880
560 Wisconsin Electric Power 3.500 12/01/07 548,875
-------------------
22,621,697
-------------------
ENTERTAINMENT 1.3%
590 AOL Time Warner, Inc. 7.700 05/01/32 702,635
180 Park Place Entertainment Corp. 7.500 09/01/09 194,400
930 Time Warner, Inc. 6.875 05/01/12 1,017,071
135 Time Warner, Inc. 6.625 05/15/29 142,276
660 Time Warner, Inc. 7.625 04/15/31 777,735
-------------------
2,834,117
-------------------
ENVIRONMENTAL SERVICES 1.0%
1,500 Waste Management, Inc. 7.000 10/15/06 1,561,312
550 Waste Management, Inc. 7.375 08/01/10 613,627
-------------------
2,174,939
-------------------
FOOD/BEVERAGE 1.3%
1,155 Kraft Foods, Inc. 5.625 11/01/11 1,200,077
1,420 Smithfield Foods, Inc. 8.000 10/15/09 1,512,300
105 Smithfield Foods, Inc. 7.750 05/15/13 111,825
-------------------
2,824,202
-------------------
GAMING 0.8%
1,175 MGM Mirage, Inc. 8.500 09/15/10 1,292,500
455 MGM Mirage, Inc. 6.750 09/01/12 460,687
-------------------
1,753,187
-------------------
HEALTHCARE 5.0%
3,205 Aetna, Inc. 7.375 03/01/06 3,299,057
260 AmerisourceBergen Corp. 8.125 09/01/08 280,150
435 Fisher Scientific International, Inc., 144A -
Private Placement (a) 6.750 08/15/14 443,700
205 HCA, Inc. 7.875 02/01/11 222,815
800 HCA, Inc. 6.300 10/01/12 803,237
285 HCA, Inc. 7.190 11/15/15 296,969
1,835 Health Net, Inc. 9.875 04/15/11 2,187,309
505 Tenet Healthcare Corp. 6.875 11/15/31 406,525
620 Tenet Healthcare Corp. 7.375 02/01/13 587,450
1,130 UnitedHealth Group, Inc. 5.200 01/17/07 1,150,108
650 WellPoint, Inc., 144A-Private Placement (a) 3.750 12/14/07 638,329
590 WellPoint, Inc., 144A-Private Placement (a) 4.250 12/15/09 576,586
-------------------
10,892,235
-------------------
INDEPENDENT ENERGY 0.4%
285 Kerr-McGee Corp. 5.875 09/15/06 289,759
470 Kerr-McGee Corp. 6.625 10/15/07 487,164
-------------------
776,923
-------------------
INTEGRATED ENERGY 1.4%
1,625 Amerada Hess Corp. 7.875 10/01/29 1,948,070
230 Consumers Energy Co., Ser B 5.375 04/15/13 231,994
790 Consumers Energy Co., Ser F 4.000 05/15/10 756,404
190 Consumers Energy Co., Ser H 4.800 02/17/09 190,315
-------------------
3,126,783
-------------------
LIFE INSURANCE 2.2%
315 AXA Financial, Inc. 6.500 04/01/08 333,462
475 John Hancock Financial Services, Inc. 5.625 12/01/08 492,609
2,365 Marsh & McLennan Cos., Inc. 5.875 08/01/33 2,161,714
105 Metlife, Inc. 6.125 12/01/11 112,041
1,030 Monumental Global Funding II, 144A-Private Placement
(a) 3.850 03/03/08 1,018,544
585 Nationwide Financial Services, Inc. 6.250 11/15/11 630,038
100 Prudential Holdings, LLC, 144A- Private Placement (a) 7.245 12/18/23 117,645
-------------------
4,866,053
-------------------
LODGING 1.9%
1,325 Hyatt Equities, LLC, 144A-Private Placement (a) 6.875 06/15/07 1,369,161
610 Marriott International, Inc., Ser D 8.125 04/01/05 610,000
375 Marriott International, Inc., Ser E 7.000 01/15/08 398,508
185 Starwood Hotels & Resorts Worldwide, Inc. 7.375 05/01/07 191,938
1,375 Starwood Hotels & Resorts Worldwide, Inc. 7.875 05/01/12 1,509,063
-------------------
4,078,670
-------------------
MEDIA-CABLE 2.0%
490 Comcast Cable Communications, Inc. 8.375 05/01/07 528,069
1,785 Comcast Cable Communications, Inc. 6.750 01/30/11 1,930,502
90 Comcast Cable Communications, Inc. 7.125 06/15/13 100,281
1,095 Cox Communications, Inc.,144A-Private Placement (a) 4.625 01/15/10 1,065,143
845 Echostar DBS Corp. 6.375 10/01/11 832,325
-------------------
4,456,320
-------------------
MEDIA-NONCABLE 3.3%
2,500 Clear Channel Communications, Inc. 7.250 10/15/27 2,646,300
950 Interpublic Group of Cos, Inc. 5.400 11/15/09 914,375
2,800 News America Holdings, Inc. 8.875 04/26/23 3,588,231
-------------------
7,148,906
-------------------
NATURAL GAS DISTRIBUTORS 0.1%
260 Sempra Energy 4.621 05/17/07 261,162
-------------------
NATURAL GAS PIPELINES 1.9%
285 Consolidated Natural Gas Co. 5.000 03/01/14 280,148
765 Consolidated Natural Gas Co., Ser A 5.000 12/01/14 749,415
1,065 Consolidated Natural Gas Co., Ser C 6.250 11/01/11 1,142,377
210 Northwest Pipeline Corp. 8.125 03/01/10 225,750
945 Ras Laffan Liquefied Natural Gas Co., Ltd., 144A-
Private Placement (Qatar) (a) 8.294 03/15/14 1,090,279
675 Texas Eastern Transmission Corp. 7.000 07/15/32 777,534
-------------------
4,265,503
-------------------
NONCAPTIVE-CONSUMER FINANCE 3.9%
230 American General Finance Corp. 4.625 05/15/09 229,642
2,000 American General Finance Corp. 4.625 09/01/10 1,979,850
2,245 Countrywide Home Loans, Inc. 3.250 05/21/08 2,150,506
1,000 HSBC Finance Corp. 7.875 03/01/07 1,065,687
150 HSBC Finance Corp. 8.000 07/15/10 171,783
1,555 HSBC Finance Corp. 6.750 05/15/11 1,704,456
1,330 SLM Corp. 5.000 10/01/13 1,315,048
-------------------
8,616,972
-------------------
NONCAPTIVE-DIVERSIFIED FINANCE 2.2%
415 CIT Group, Inc. 7.375 04/02/07 439,060
415 CIT Group, Inc. 3.650 11/23/07 406,465
90 General Electric Capital Corp., Ser A 5.875 02/15/12 95,147
2,100 General Electric Capital Corp., Ser A 4.750 09/15/14 2,053,265
415 General Electric Capital Corp., Ser A 6.750 03/15/32 480,641
1,290 Nationwide Building Society, 144A-Private Placement
(United Kingdom) (a) 4.250 02/01/10 1,263,782
-------------------
4,738,360
-------------------
OIL FIELD SERVICES 0.2%
280 Panhandle Eastern Pipe Line Co., Ser B 2.750 03/15/07 271,233
145 Plains Exploration & Production Co. 7.125 06/15/14 152,250
-------------------
423,483
-------------------
PAPER 0.2%
455 Weyerhaeuser Co. 6.000 08/01/06 466,512
-------------------
PROPERTY & CASUALTY 3.2%
1,195 AIG Sunamerica Global Financial, 144A-Private
Placement (a) 6.300 05/10/11 1,285,458
1,545 Farmers Exchange Capital, 144A-Private Placement
(a) 7.050 07/15/28 1,617,992
1,230 Farmers Insurance Exchange Surplus, 144A-Private
Placement (a) 8.625 05/01/24 1,491,654
125 Hartford Financial Services Group, Inc. 2.375 06/01/06 122,200
1,800 Mantis Reef Ltd., 144A-Private Placement
(Australia) (a) 4.692 11/14/08 1,780,587
790 Two-Rock Pass Through Trust, 144A-Private Placement
(Floating Rate) (a) 3.714 02/11/49 788,388
-------------------
7,086,279
-------------------
RAILROADS 3.5%
745 Burlington Northern Santa Fe Railway Co. 4.575 01/15/21 725,215
1,000 CSX Corp. 6.750 03/15/11 1,092,658
330 CSX Corp. 9.000 08/15/06 350,385
5,289 Union Pacific Corp. 8.350 05/01/25 5,535,483
-------------------
7,703,741
-------------------
REAL ESTATE INVESTMENT TRUSTS 0.8%
250 EOP Operating LP 4.750 03/15/14 234,855
850 Reckson Operating Partnership LP 5.150 01/15/11 848,230
570 Rouse Co. 3.625 03/15/09 533,766
245 Rouse Co. 5.375 11/26/13 234,851
-------------------
1,851,702
-------------------
REFINING 0.3%
430 Ashland, Inc. 7.830 08/15/05 436,447
250 Vintage Petroleum, Inc. 7.875 05/15/11 266,250
-------------------
702,697
-------------------
RETAIL 1.8%
250 CVS Corp. 5.625 03/15/06 253,763
270 CVS Corp. 3.875 11/01/07 266,268
1,500 Federated Department Stores, Inc. 6.625 09/01/08 1,580,898
500 Federated Department Stores, Inc. 6.300 04/01/09 523,148
1,275 May Department Stores Co. 5.950 11/01/08 1,317,607
-------------------
3,941,684
-------------------
SERVICES 0.4%
562 Iron Mountain, Inc. 7.750 01/15/15 557,785
295 Iron Mountain, Inc. 6.625 01/01/16 270,663
-------------------
828,448
-------------------
TEXTILE 0.4%
810 Mohawk Industries, Inc. 7.200 04/15/12 903,220
-------------------
TOBACCO 0.9%
850 Altria Group, Inc. 7.000 11/04/13 913,559
890 Altria Group, Inc. 7.750 01/15/27 1,018,654
-------------------
1,932,213
-------------------
TRANSPORTATION SERVICES 0.4%
1,000 FedEx Corp. 2.650 04/01/07 969,507
-------------------
WIRELESS TELECOMMUNICATION SERVICES 0.4%
745 AT&T Wireless Services, Inc. 7.875 03/01/11 848,374
-------------------
WIRELINE COMMUNICATIONS 2.2%
840 AT&T Corp. 9.750 11/15/31 1,029,000
1,330 Deutsche Telekom International Finance BV
(Netherlands) 8.750 06/15/30 1,744,590
1,105 Sprint Capital Corp. 8.750 03/15/32 1,437,917
590 Verizon New England, Inc. 6.500 09/15/11 632,489
-------------------
4,843,996
-------------------
TOTAL CORPORATE BONDS 81.8% 179,290,215
-------------------
UNITED STATES GOVERNMENT AGENCY OBLIGATIONS 14.6%
9,250 United States Treasury Bonds 6.125 08/15/29 10,898,026
12,005 United States Treasury Bonds (STRIP PRINCIPAL) * 02/15/25 4,481,923
3,255 United States Treasury Bonds (STRIP PRINCIPAL) * 02/15/27 1,105,203
15,700 United States Treasury Notes 4.250 08/15/13 15,487,202
-------------------
TOTAL UNITED STATES GOVERNMENT AGENCY OBLIGATIONS 31,972,354
-------------------
TOTAL LONG-TERM INVESTMENTS 96.4%
(Cost $207,510,466) 211,262,569
-------------------
SHORT-TERM INVESTMENTS 1.0%
REPURCHASE AGREEMENT 0.9%
Bank of America Securities LLC ($1,876,000 par collateralized
by U.S. Government obligations in a pooled cash account, interest
rate of 2.75%, dated 03/31/05, to be sold on 04/01/05 at $1,876,143) 1,876,000
-------------------
U.S. Government Agency Obligations 0.1%
United States Treasury Bills ($300,000 par, yielding 2.756%, 07/14/05
maturity) (b) 297,630
-------------------
TOTAL SHORT-TERM INVESTMENTS
(Cost $2,173,557) 2,173,630
-------------------
TOTAL INVESTMENTS 97.4%
(Cost $209,684,023) 213,436,199
OTHER ASSETS IN EXCESS OF LIABILITIES 2.6% 5,659,108
-------------------
NET ASSETS 100.0% $219,095,307
===================
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) Asset segregated as collateral for open futures transactions
Future contracts outstanding as of March 31, 2005:
UNREALIZED
APPRECIATION/
CONTRACTS DEPRECIATION
--------- ------------
Long Contracts:
U.S. Treasury Notes 10-Year Futures June
2005 (Current Notional Value $109,266 per
contract) 52 ($44,779)
Short Contracts:
U.S. Treasury Notes 5-Year Futures June
2005 (Current Notional Value of $107,094 per
contract) 140 108,697
U.S. Treasury Notes 2-Year Futures June
2005 (Current Notional Value of $206,891 per
contract) 190 189,861
-------------------------------------
382 $253,779
====================================
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 19, 2005
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 19, 2005
By: /s/ James W. Garrett
----------------------
Name: James W. Garrett
Title: Principal Financial Officer
Date: May 19, 2005
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.