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
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(Exact name of registrant as specified in charter)
1221 Avenue of the Americas, New York, New York 10020
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(Address of principal executive offices) (Zip code)
Ronald Robison
1221 Avenue of the Americas, New York, New York 10020
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(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: 3/31/07
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, 2007 (UNAUDITED)
PAR
AMOUNT
(000) DESCRIPTION COUPON MATURITY VALUE
----------------------------------------------------------------------------------------------------------------
CORPORATE BONDS 70.3%
AEROSPACE & DEFENSE 0.6%
$ 1,307 Raytheon Co. ..................................... 4.500% 11/15/07 $ 1,300,279
------------
AIRLINES 0.2%
497 America West Airlines, Inc.,
Class G ....................................... 7.100 04/02/21 528,523
------------
AUTOMOTIVE 2.9%
605 Arvinmeritor, Inc. ............................... 8.750 03/01/12 627,687
1,280 DaimlerChrysler NA Holding
Corp .......................................... 8.500 01/18/31 1,603,182
1,655 Ford Motor Credit Co. ............................ 7.250 10/25/11 1,610,029
2,550 General Motors Acceptance
Corp .......................................... 6.875 09/15/11 2,554,883
------------
6,395,781
------------
BANKING 14.6%
2,230 Bank of America Corp. ............................ 3.375 02/17/09 2,165,546
2,250 HBOS Treasury Services PLC
(United Kingdom) (a) .......................... 3.500 11/30/07 2,225,279
2,860 JPMorgan Chase & Co. ............................. 6.750 02/01/11 3,010,121
2,255 Marshall & Ilsley Bank ........................... 3.800 02/08/08 2,228,614
1,635 MBNA Corp. (b) ................................... 5.790 05/05/08 1,643,262
2,315 National City Bank ............................... 3.375 10/15/07 2,290,366
1,430 Popular North America, Inc. ...................... 4.250 04/01/08 1,409,696
805 Popular North America, Inc. ...................... 5.650 04/15/09 810,263
2,620 Sovereign Bancorp, Inc. (b) ...................... 5.580 03/23/10 2,620,825
2,195 SunTrust Banks, Inc. ............................. 5.050 07/01/07 2,193,253
2,700 Unicredito Luxembourg Finance
(Luxembourg) (a)(b) ........................... 5.410 10/24/08 2,701,634
2,250 U.S. Bancorp ..................................... 3.950 08/23/07 2,238,005
2,865 Wachovia Capital Trust III (c) ................... 5.800 08/29/49 2,901,701
1,350 Wachovia Corp. ................................... 3.625 02/17/09 1,315,472
925 Washington Mutual Bank FA ........................ 5.500 01/15/13 924,236
900 Washington Mutual, Inc. .......................... 8.250 04/01/10 972,948
------------
31,651,221
------------
BROKERAGE 1.5%
2,000 Lehman Brothers Holdings, Inc. ................... 8.500 05/01/07 2,004,516
752 World Financial Properties (a) ................... 6.910 09/01/13 790,167
342 World Financial Properties (a) ................... 6.950 09/01/13 359,819
------------
3,154,502
------------
CHEMICALS 0.3%
640 ICI Wilmington, Inc. ............................. 4.375 12/01/08 630,790
------------
CONSTRUCTION MACHINERY 0.9%
2,045 Caterpillar Financial Services
Corp., Ser F .................................. 3.625 11/15/07 2,023,891
------------
CONSUMER PRODUCTS 0.8%
1,725 Clorox Co. (b) ................................... 5.480 12/14/07 1,726,439
------------
DISTRIBUTORS 0.7%
585 KeySpan Corp. .................................... 4.900 05/16/08 583,140
890 Sempra Energy .................................... 4.621 05/17/07 889,044
------------
1,472,184
------------
DIVERSIFIED MANUFACTURING 1.9%
1,345 Brascan Corp. (Canada) ........................... 7.125 06/15/12 1,441,611
1,275 Cooper Industries, Inc. .......................... 5.250 07/01/07 1,273,046
1,325 Cooper Industries, Inc. .......................... 5.250 11/15/12 1,323,965
------------
4,038,622
------------
ELECTRIC 5.4%
1,350 Ameren Corp. ..................................... 4.263 05/15/07 1,347,151
805 Carolina Power & Light Co. ....................... 6.800 08/15/07 808,899
65 Detroit Edison Co. ............................... 5.200 10/15/12 65,110
865 Detroit Edison Co. ............................... 6.125 10/01/10 892,081
960 Duquesne Light Co., Ser O ........................ 6.700 04/15/12 1,024,575
70 Duquesne Light Co., Ser Q ........................ 5.700 05/15/14 71,201
655 Entergy Gulf States, Inc. ........................ 3.600 06/01/08 642,153
1,600 Entergy Gulf States, Inc. (b) .................... 5.760 12/01/09 1,599,138
425 Entergy Gulf States, Inc. (a)(b) ................. 6.090 12/08/08 426,257
255 Indianapolis Power & Light
Co. (a) ....................................... 6.300 07/01/13 266,243
900 NiSource Finance Corp. (b) ....................... 5.930 11/23/09 901,554
1,270 Ohio Power Co., Ser K ............................ 6.000 06/01/16 1,319,265
265 PSE & G Energy Holdings, LLC ..................... 8.625 02/15/08 271,294
570 Public Service Electric & Gas,
Series B .................................... 5.125 09/01/12 568,138
855 TXU Energy Co. ................................... 7.000 03/15/13 889,626
560 Wisconsin Electric Power Co. ..................... 3.500 12/01/07 553,559
------------
11,646,244
------------
ELECTRIC UTILITIES 0.8%
1,740 Arizona Public Service Co. ....................... 5.800 06/30/14 1,757,729
------------
ENVIRONMENTAL & FACILITIES SERVICES 0.3%
550 Waste Management, Inc. ........................... 7.375 08/01/10 585,539
------------
FOOD/BEVERAGE 1.9%
660 ConAgra Foods, Inc. .............................. 7.000 10/01/28 704,688
520 ConAgra Foods, Inc. .............................. 8.250 09/15/30 634,871
475 Pilgrim's Pride Corp. ............................ 7.625 05/01/15 476,188
160 Pilgrim's Pride Corp. ............................ 9.625 09/15/11 167,200
1,435 Sara Lee Corp. ................................... 6.125 11/01/32 1,330,463
745 YUM! Brands, Inc. ................................ 8.875 04/15/11 837,202
------------
4,150,612
------------
HEALTH CARE 0.6%
650 Wellpoint, Inc. .................................. 3.750 12/14/07 642,856
590 Wellpoint, Inc. .................................. 4.250 12/15/09 578,310
------------
1,221,166
------------
INDEPENDENT ENERGY 0.2%
470 Kerr-McGee Corp. ................................. 6.625 10/15/07 473,219
------------
INTEGRATED ENERGY 1.2%
790 Consumers Energy Co. Ser F ....................... 4.000 05/15/10 762,834
455 Consumers Energy Co., Ser H ...................... 4.800 02/17/09 451,029
1,300 Kinder Morgan, Inc. .............................. 6.500 09/01/12 1,327,451
------------
2,541,314
------------
INTEGRATED TELECOMMUNICATION SERVICES 1.6%
1,835 AT&T Corp. ....................................... 8.000 11/15/31 2,274,484
1,010 Sprint Capital Corp. ............................. 8.750 03/15/32 1,194,634
------------
3,469,118
------------
LIFE INSURANCE 2.2%
635 AXA Financial, Inc. .............................. 6.500 04/01/08 642,022
475 John Hancock Financial
Services, Inc. ................................ 5.625 12/01/08 478,085
105 Metlife, Inc. .................................... 6.125 12/01/11 109,655
1,030 Monumental Global Funding II (a) ................. 3.850 03/03/08 1,016,429
585 Nationwide Financial Services,
Inc ........................................... 6.250 11/15/11 608,678
1,895 Xlliac Global Funding (a) ........................ 4.800 08/10/10 1,870,109
------------
4,724,978
------------
LODGING 0.7%
1,325 Hyatt Equities LLC (a) ........................... 6.875 06/15/07 1,327,332
185 Starwood Hotels & Resorts
Worldwide, Inc. ............................... 7.375 05/01/07 185,146
------------
1,512,478
------------
MEDIA-CABLE 3.0%
1,835 Comcast Cable Communications,
Inc ........................................... 6.750 01/30/11 1,933,958
90 Comcast Cable Communications,
Inc ........................................... 7.125 06/15/13 97,657
600 Comcast Cable Communications,
Inc ........................................... 8.375 05/01/07 601,367
935 Echostar DBS Corp. ............................... 6.375 10/01/11 943,181
180 Echostar DBS Corp. ............................... 6.625 10/01/14 181,575
2,645 Time Warner, Inc. (b) ............................ 5.590 11/13/09 2,651,033
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6,408,771
------------
MEDIA-NONCABLE 0.7%
225 Interpublic Group of Cos., Inc. .................. 6.250 11/15/14 212,625
1,310 Viacom, Inc. ..................................... 6.875 04/30/36 1,324,620
------------
1,537,245
------------
NONCAPTIVE-CONSUMER FINANCE 5.9%
1,000 American Express Co. ............................. 4.750 06/17/09 995,684
230 American General Finance Corp. ................... 4.625 05/15/09 227,217
2,000 American General Finance Corp. ................... 4.625 09/01/10 1,963,830
2,245 Countrywide Home Loans, Inc. ..................... 3.250 05/21/08 2,194,562
150 Household Finance Corp. .......................... 8.000 07/15/10 162,714
2,560 HSBC Finance Corp. ............................... 6.750 05/15/11 2,699,251
2,595 Residential Capital LLC .......................... 6.375 06/30/10 2,596,175
1,600 SLM Corp. (b) .................................... 5.520 07/26/10 1,599,840
400 Washington Mutual Prerefunded
Funding II (a) ................................ 6.665 12/31/49 393,256
------------
12,832,529
------------
NONCAPTIVE-DIVERSIFIED FINANCE 2.5%
415 CIT Group, Inc. .................................. 3.650 11/23/07 410,587
290 CIT Group, Inc. .................................. 4.750 08/15/08 288,208
415 CIT Group, Inc. .................................. 7.375 04/02/07 415,000
2,100 General Electric Capital Corp. ................... 4.750 09/15/14 2,031,720
90 General Electric Capital Corp,
Ser A .......................................... 5.875 02/15/12 93,017
2,240 Nationwide Building Society
(United Kingdom) (a) .......................... 4.250 02/01/10 2,187,631
------------
5,426,163
------------
OTHER UTILITIES 0.8%
375 Center Point Energy Resources
Corp .......................................... 6.250 02/01/37 373,651
1,295 Plains All American Pipeline ..................... 6.700 05/15/36 1,329,394
------------
1,703,045
------------
PHARMACEUTICALS 0.8%
1,765 Hospira, Inc. (b) ................................ 5.830 03/30/10 1,770,295
------------
PIPELINES 0.7%
590 Consolidated Natural Gas Co.,
Ser C ......................................... 6.250 11/01/11 613,837
755 Texas Eastern Transmission
Corp .......................................... 7.000 07/15/32 844,540
------------
1,458,377
------------
PROPERTY & CASUALTY INSURANCE 4.0%
1,445 AIG SunAmerica Global
Financing VI (a) .............................. 6.300 05/10/11 1,509,800
1,545 Farmers Exchange Capital (a) ..................... 7.050 07/15/28 1,588,408
1,230 Farmers Insurance Exchange
Surplus (a) ................................... 8.625 05/01/24 1,466,336
1,800 Mantis Reef, Ltd. (Australia) (a) ................ 4.692 11/14/08 1,783,406
1,415 St. Paul Travelers Cos., Inc. .................... 5.010 08/16/07 1,412,606
1,035 Two-Rock Pass Through Trust
(Bermuda) (a)(b) .............................. 6.300 02/11/49 1,019,578
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8,780,134
------------
RAILROADS 2.4%
1,060 Burlington Northern Santa Fe
Corp .......................................... 6.125 03/15/09 1,075,593
1,000 CSX Corp. ........................................ 6.750 03/15/11 1,045,422
520 Norfolk Southern Corp. ........................... 7.350 05/15/07 521,096
2,600 Union Pacific Corp. .............................. 6.625 02/01/08 2,627,144
------------
5,269,255
------------
REFINING 0.3%
675 Valero Energy Corp. .............................. 3.500 04/01/09 654,965
------------
REGIONAL BANKS 0.5%
1,090 USB Capital IX (c) ............................... 6.189 04/15/42 1,118,616
------------
REITS 0.9%
1,970 iStar Financial, Inc. (b) ........................ 5.690 03/09/10 1,972,403
------------
RETAILERS 3.9%
270 CVS Corp. ........................................ 3.875 11/01/07 267,671
650 CVS Corp. ........................................ 5.750 08/15/11 662,609
2,169 CVS Lease Pass Through
Trust (a) ..................................... 6.036 12/10/28 2,200,332
500 Federated Department Stores,
Inc ........................................... 6.300 04/01/09 510,329
1,500 Federated Department Stores,
Inc ........................................... 6.625 09/01/08 1,523,694
665 Home Depot, Inc. (b) ............................. 5.475 12/16/09 666,235
1,275 May Department Stores Co. ........................ 5.950 11/01/08 1,288,355
1,320 May Department Stores Co. ........................ 6.700 07/15/34 1,305,960
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8,425,185
------------
SERVICES 1.0%
1,000 FedEx Corp. ...................................... 2.650 04/01/07 1,000,000
1,105 FedEx Corp. ...................................... 5.500 08/15/09 1,114,048
------------
2,114,048
------------
SUPERMARKETS 0.9%
545 Delhaize America, Inc. ........................... 9.000 04/15/31 657,554
1,270 Fred Meyer, Inc. ................................. 7.450 03/01/08 1,294,453
------------
1,952,007
------------
TECHNOLOGY 0.6%
1,300 Hewlett-Packard Co. (b) .......................... 5.485 05/22/09 1,301,871
------------
TEXTILE 0.5%
995 Mohawk Industries, Inc., Ser D ................... 7.200 04/15/12 1,055,225
------------
WIRELINE 1.6%
1,385 France Telecom SA (France) ....................... 8.500 03/01/31 1,805,320
1,125 SBC Communications, Inc. ......................... 6.150 09/15/34 1,110,855
590 Verizon New England, Inc. ........................ 6.500 09/15/11 615,711
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3,531,886
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TOTAL CORPORATE BONDS 70.3% ............................................................... 152,316,649
------------
UNITED STATES GOVERNMENT AGENCY OBLIGATIONS 27.4%
9,580 United States Treasury Bonds ..................... 6.125 08/15/29 11,144,989
7,260 United States Treasury Bonds ..................... 6.375 08/15/27 8,600,835
2,000 United States Treasury Notes (d) ................. 4.000 02/15/14 1,930,002
21,250 United States Treasury Notes (d) ................. 4.250 08/15/13 20,893,914
7,350 United States Treasury Notes ..................... 4.250 11/15/13 7,214,201
3,000 United States Treasury Notes ..................... 4.500 02/28/11 2,996,838
4,200 United States Treasury Notes ..................... 4.625 10/31/11 4,215,095
2,500 United States Treasury Notes 4.750 01/31/12 2,522,560
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TOTAL UNITED STATES GOVERNMENT AGENCY OBLIGATIONS .......................................... 59,518,434
------------
TOTAL LONG-TERM INVESTMENTS 97.7%
(Cost $210,988,151) ...................................................................... 211,835,083
------------
SHORT-TERM INVESTMENTS 11.2%
REPURCHASE AGREEMENTS 11.0%
Citigroup Global Markets, Inc. ($6,276,606 par collateralized by U.S.
Government obligations in a pooled cash account, interest rate of
5.30%, dated 03/30/07, to be sold on 04/02/07 at $6,279,378).............................. 6,276,606
State Street Bank & Trust Co. ($17,559,394 par collateralized by U.S.
Government obligations in a pooled cash account, interest rate of
5.13%, dated 03/30/07, to be sold on 04/02/07 at $17,566,901)............................. 17,559,394
------------
TOTAL REPURCHASE AGREEMENTS 11.0% ......................................................... 23,836,000
------------
UNITED STATES GOVERNMENT AGENCY OBLIGATION 0.2%
United States Treasury Bill ($300,000 par, yielding 5.110%, 07/12/07
maturity) (e) ........................................................................... 295,822
------------
TOTAL SHORT-TERM INVESTMENTS 11.2%
(Cost $24,131,822) ....................................................................... 24,131,822
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TOTAL INVESTMENTS 108.9%
(Cost $236,340,758) ...................................................................... 235,966,905
LIABILITIES IN EXCESS OF OTHER ASSETS (8.9%) .............................................. (19,215,885
------------
NET ASSETS 100.0% .......................................................................... $216,751,020
============
Percentages are calculated as a percentage of net assets.
(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) Security purchased on a when-issued or delayed delivery basis.
(e) All or a portion of this security has been physically segregated in
connection with open futures contracts.
SWAP AGREEMENTS OUTSTANDING AS OF MARCH 31, 2007:
CREDIT DEFAULT SWAPS
PAY/
RECEIVE NOTIONAL UNREALIZED
BUY/SELL FIXED EXPIRATION AMOUNT APPRECIATION/
COUNTERPARTY REFERENCE ENTITY PROTECTION RATE DATE (000) DEPRECIATION
---------------------------------------------------------------------------------------------------------------
Bank of The Gap, Inc. .......
America,
N.A. Buy 1.19% 03/20/12 $ 1,300 $ (10,733)
Goldman Countrywide
Sachs Home Loans,
Capital Inc. ............
Markets, L.P. Sell 0.60 03/20/12 1,100 (4,471)
Goldman Country Wide Home
Sachs Loans, Inc.
Capital
Markets, L.P. Sell 0.66 03/20/12 1,100 (1,595)
Goldman Dell, Inc. ..........
Sachs
Capital
Markets, L.P. Buy 0.22 03/20/12 1,095 264
Goldman Dow Jones CDX
Sachs NA IG HVOL ......
Capital
Markets, L.P. Buy 0.75 06/20/11 8,700 11,034
Goldman Dow Jones CDX .......
Sachs NA IG HVOL
Capital
Markets, L.P. Buy 0.75 12/20/11 4,300 17,217
Goldman Motorola, Inc. ......
Sachs
Capital
Markets, L.P. Buy 0.15 12/20/11 720 8,111
Goldman Motorola, Inc. ......
Sachs
Capital
Markets, L.P. Buy 0.16 12/20/11 1,500 16,457
Goldman Residential Capital,
Sachs LLC ...............
Capital
Markets, L.P. Sell 2.00 03/20/17 2,200 (35,282)
Goldman Southwest Airlines
Sachs Co. .................
Capital
Markets, L.P. Buy 0.22 12/20/11 2,200 7,736
Goldman The Chubb
Sachs Corporation .......
Capital
Markets, L.P. Buy 0.10 03/20/12 2,200 2,264
Goldman The Hartford
Sachs Financial
Capital Services Group,
Markets, L.P. Inc. Buy 0.12 12/20/11 2,200 54
JP Morgan Union Pacific
Chase Bank, Corporation .......
N.A. Buy 0.19 12/20/11 1,100 15,409
--------
$ 26,465
========
FUTURES CONTRACTS OUTSTANDING AS OF MARCH 31, 2007:
UNREALIZED
APPRECIATION/
CONTRACTS DEPRECIATION
LONG CONTRACTS:
U.S. Treasury Bond Futures June 2007 (Current
Notional Value of $111,250 per contract) .................. 185 $ (94,736)
U.S. Treasury Notes 2-Year Futures June 2007
(Current Notional Value of $204,891 per contract).......... 94 (33,934)
U.S. Treasury Notes 10-Year Futures June 2007
(Current Notional Value of $108,125 per contract).......... 60 9,016
SHORT CONTRACTS:
U.S. Treasury Notes 5-Year Futures June 2007
(Current Notional Value of $105,797 per contract).......... 72 29,844
----- ---------
411 $ (89,810)
===== =========
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 22, 2007
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 22, 2007
By: /s/ James W. Garrett
---------------------
Name: James W. Garrett
Title: Principal Financial Officer
Date: May 22, 2007