Merrill Lynch International Investment Funds Audited Annual Report ...

US Dollar Core Bond Fund continued
Portfolio of Investments 31 December 2006
Transferable Securities Admitted to an Official Stock Exchange
Listing or Dealt in on Another Regulated Market
Holding Description Value (US$) %
US$415,076 Fannie Mae Pool '847086' 6%
1/9/2035 418,758 0.19
US$38,406 Fannie Mae Pool '847841' 5%
1/2/2021 37,778 0.02
US$105,278 Fannie Mae Pool '847926' 4.5%
1/12/2020 101,641 0.05
US$37,989 Fannie Mae Pool '851709' 5%
1/1/2021 37,368 0.02
US$718,717 Fannie Mae Pool '851886' 4%
1/10/2020 677,166 0.30
US$832,970 Fannie Mae Pool '852814' 5%
1/2/2021 819,304 0.36
US$128,044 Fannie Mae Pool '867391' 4.5%
1/4/2021 123,589 0.05
US$127,224 Fannie Mae Pool '870663' 4%
1/11/2021 119,816 0.05
US$40,252 Fannie Mae Pool '879128' 5%
1/5/2021 39,593 0.02
US$293,754 Fannie Mae Pool '879715' 4.5%
1/2/2021 283,606 0.13
US$653,478 Fannie Mae Pool '884334' 5%
1/4/2021 642,872 0.29
US$498,041 Fannie Mae Pool '885069' 5%
1/5/2021 489,896 0.22
US$192,159 Fannie Mae Pool '886392' 5%
1/8/2021 189,016 0.08
US$131,031 Fannie Mae Pool '891281' 6%
1/9/2036 131,970 0.06
US$639,793 Fannie Mae Pool '891428' 4.5%
1/3/2021 617,690 0.27
US$900,473 Fannie Mae Pool '891429' 5%
1/3/2021 885,700 0.39
US$279,203 Fannie Mae Pool '892975' 6.5%
1/9/2036 284,395 0.13
US$40,072 Fannie Mae Pool '894658' 5%
1/11/2021 39,417 0.02
US$41,284 Fannie Mae Pool '896905' 5%
1/7/2021 40,609 0.02
US$6,929,180 Fannie Mae Pool '897936' 5.5%
1/8/2021 6,932,789 3.08
US$36,219 Fannie Mae Pool '900114' 6%
1/8/2036 36,479 0.02
US$1,500,896 Fannie Mae Pool '900980' 6%
1/9/2036 1,511,652 0.67
US$1,407,412 Fannie Mae Pool '901426' 6%
1/10/2036 1,417,498 0.63
US$6,949,034 Fannie Mae Pool '901930' 5.5%
1/10/2021 6,952,653 3.09
US$173,979 Fannie Mae Pool '902174' 6%
1/11/2036 175,225 0.08
US$191,855 Fannie Mae Pool '902553' 5%
1/11/2021 188,718 0.08
US$40,562 Fannie Mae Pool '903522' 5%
1/10/2021 39,904 0.02
US$35,975 Fannie Mae Pool '905079' 6%
1/11/2036 36,232 0.02
US$1,500,000 Fannie Mae Pool '906718' 6%
1/12/2036 1,510,750 0.67
US$1,214,489 Fannie Mae Pool '908187' 6%
1/12/2036 1,223,193 0.54
US$2,709,245 Fannie Mae REMICS '2005-69 LE'
5.5% 25/11/2033 2,713,851 1.21
US$1,331,685 Fannie Mae REMICS '2006-53 BA'
6% 25/2/2027 1,343,184 0.60
Transferable Securities Admitted to an Official Stock Exchange
Listing or Dealt in on Another Regulated Market
Holding Description Value (US$) %
US$950,000 Fannie Mae REMICS '2006-53 PA'
5.5% 25/12/2026 952,676 0.42
US$240,162 First Franklin Mortgage Loan Asset
Backed Certificates '2004-FF10 A2'
FRN 25/12/2032 240,729 0.11
US$1,136,854 First Franklin Mortgage Loan Asset
Backed Certificates '2005-FF10 A6M'
FRN 25/11/2035 1,138,543 0.51
US$1,312,305 First Union National Bank – Bank of
America Commercial Mortgage Trust
'2001-C1 A2' 6.136% 15/3/2033 1,347,893 0.60
US$2,525,000 Ford Credit Auto Owner Trust
'2005-C A3' 4.3% 15/8/2009 2,504,399 1.11
US$1,300,000 Ford Credit Auto Owner Trust
'2006-B A4' 5.25% 15/9/2011 1,303,795 0.58
US$463 Freddie Mac Gold Pool 'A20431' 6%
1/1/2034 467 0.00
US$131,179 Freddie Mac Gold Pool 'A26501' 5.5%
1/9/2034 129,958 0.06
US$1,632,729 Freddie Mac Gold Pool 'A30721' 5.5%
1/12/2034 1,617,536 0.72
US$919,729 Freddie Mac Gold Pool 'A35615' 6%
1/6/2035 927,102 0.41
US$3,043,931 Freddie Mac Gold Pool 'A40879' 5%
1/12/2035 2,940,722 1.31
US$39,892 Freddie Mac Gold Pool 'C62770' 7%
1/1/2032 41,057 0.02
US$238,895 Freddie Mac Gold Pool 'G02180' 5%
1/4/2036 230,818 0.10
US$782,899 Freddie Mac Gold Pool 'G08154' 5%
1/7/2036 756,101 0.34
US$1,566,565 Freddie Mac Non Gold Pool '1G1288'
FRN 1/11/2036 1,583,194 0.70
US$1,650,000 Freddie Mac Non Gold Pool '1G1381'
FRN 1/12/2036 1,665,211 0.74
US$1,725,000 Freddie Mac Non Gold Pool '1G1386'
FRN 1/12/2036 1,736,185 0.77
US$2,297,575 Freddie Mac REMICS '3020 MA' 5.5%
15/4/2027 2,308,643 1.03
US$730,896 Freddie Mac REMICS '3068 VA' 5.5%
15/10/2016 732,695 0.33
US$2,121,036 Freddie Mac REMICS '3087 VA' 5.5%
15/3/2015 2,127,331 0.94
US$1,270,392 Freddie Mac REMICS '3137 XP' 6%
15/4/2036 1,295,665 0.58
US$180,000 Freescale Semiconductor '144A'
9.125% 15/12/2014 179,100 0.08
US$75,000 Freescale Semiconductor '144A'
FRN 15/12/2014 74,625 0.03
US$1,600,000 Fremont Home Loan Trust
'2005-E 2A2' FRN 25/1/2036 1,601,534 0.71
US$1,700,000 Ge Capital Commercial Mortgage
'2005-C1 A2' 4.353% 10/6/2048 1,659,660 0.74
US$97,558 Ginnie Mae I Pool '542852' 6.5%
15/6/2031 100,263 0.04
US$1,625,971 GMAC Commercial Mortgage
Securities '1998-C2 A2' 6.42%
15/5/2035 1,646,735 0.73
US$1,560,000 GMAC Commercial Mortgage
Securities '2000-C3 A2' 6.957%
15/9/2035 1,648,701 0.73
US$1,290,000 GMAC Commercial Mortgage
Securities '2001-C1 B' 6.67%
15/4/2034 1,358,797 0.60
172 Merrill Lynch International Investment Funds