MORGAN GRENFELL INVESTMENT TRUST
NSAR-B/A, 1995-12-29
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<PAGE>      PAGE  1
000 B000000 10/31/95
000 C000000 0000912035
000 D000000 N
000 E000000 F
000 F000000 Y
000 G000000 Y
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 MORGAN GRENFELL INVESTMENT TRUST
001 B000000 811-8006
001 C000000 2122302600
002 A000000 885 THIRD AVENUE
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10022
002 D020000 1658
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000 17
SIGNATURE   MARK G. ARTHUS                               
TITLE       COMPLIANCE OFFICER  
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000912035
<NAME> MORGAN GRENFELL INVESTMENT TRUST
<SERIES>
   <NUMBER> 7
   <NAME> EUROPEAN SMALL CAP EQUITY
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          OCT-31-1995
<PERIOD-START>                             NOV-01-1994
<PERIOD-END>                               OCT-31-1995
<INVESTMENTS-AT-COST>                             7866
<INVESTMENTS-AT-VALUE>                            8945
<RECEIVABLES>                                       17
<ASSETS-OTHER>                                     624
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                    9687
<PAYABLE-FOR-SECURITIES>                           208
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           42
<TOTAL-LIABILITIES>                                250
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                          8131
<SHARES-COMMON-STOCK>                              809
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                          117
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                             30
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          1058
<NET-ASSETS>                                      9336
<DIVIDEND-INCOME>                                  161
<INTEREST-INCOME>                                   37
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    (99)
<NET-INVESTMENT-INCOME>                             99
<REALIZED-GAINS-CURRENT>                            58
<APPREC-INCREASE-CURRENT>                         1058
<NET-CHANGE-FROM-OPS>                             1215
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         (10)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            808
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  1
<NET-CHANGE-IN-ASSETS>                            9335
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                               79
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    177
<AVERAGE-NET-ASSETS>                              7948
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                    .12
<PER-SHARE-GAIN-APPREC>                           1.44
<PER-SHARE-DIVIDEND>                             (.01)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.55
<EXPENSE-RATIO>                                   1.25
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000912035
<NAME> MORGAN GRENFELL INVESTMENT TRUST
<SERIES>
   <NUMBER> 8
   <NAME> EMERGING MARKETS EQUITY
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          OCT-31-1995
<PERIOD-START>                             NOV-01-1994
<PERIOD-END>                               OCT-31-1995
<INVESTMENTS-AT-COST>                            91104
<INVESTMENTS-AT-VALUE>                           88274
<RECEIVABLES>                                       80
<ASSETS-OTHER>                                    8499
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   96853
<PAYABLE-FOR-SECURITIES>                          3136
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          429
<TOTAL-LIABILITIES>                               3565
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         95072
<SHARES-COMMON-STOCK>                            11499
<SHARES-COMMON-PRIOR>                             5174
<ACCUMULATED-NII-CURRENT>                          135
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            926
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        (2845)
<NET-ASSETS>                                     93288
<DIVIDEND-INCOME>                                 1057
<INTEREST-INCOME>                                   57
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (822)
<NET-INVESTMENT-INCOME>                            292
<REALIZED-GAINS-CURRENT>                           888
<APPREC-INCREASE-CURRENT>                      (14305)
<NET-CHANGE-FROM-OPS>                          (13125)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        (119)
<DISTRIBUTIONS-OF-GAINS>                        (3167)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          61891
<NUMBER-OF-SHARES-REDEEMED>                    (12370)
<SHARES-REINVESTED>                               3286
<NET-CHANGE-IN-ASSETS>                           36396
<ACCUMULATED-NII-PRIOR>                           (38)
<ACCUMULATED-GAINS-PRIOR>                         3205
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              658
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   1022
<AVERAGE-NET-ASSETS>                             65766
<PER-SHARE-NAV-BEGIN>                            11.00
<PER-SHARE-NII>                                    .04
<PER-SHARE-GAIN-APPREC>                         (2.29)
<PER-SHARE-DIVIDEND>                             (.02)
<PER-SHARE-DISTRIBUTIONS>                        (.62)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               8.11
<EXPENSE-RATIO>                                   1.25
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000912035
<NAME> MORGAN GRENFELL INVESTMENT TRUST
<SERIES>
   <NUMBER> 9
   <NAME> GLOBAL FIXED INCOME
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          OCT-31-1995
<PERIOD-START>                             NOV-01-1994
<PERIOD-END>                               OCT-31-1995
<INVESTMENTS-AT-COST>                           118022
<INVESTMENTS-AT-VALUE>                          122634
<RECEIVABLES>                                     3245
<ASSETS-OTHER>                                   15343
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  141222
<PAYABLE-FOR-SECURITIES>                          1276
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          609
<TOTAL-LIABILITIES>                               1885
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        130056
<SHARES-COMMON-STOCK>                            12675
<SHARES-COMMON-PRIOR>                             5471
<ACCUMULATED-NII-CURRENT>                         4323
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            808
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          4150
<NET-ASSETS>                                    139337
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 5569
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (681)
<NET-INVESTMENT-INCOME>                           4888
<REALIZED-GAINS-CURRENT>                          1268
<APPREC-INCREASE-CURRENT>                         4116
<NET-CHANGE-FROM-OPS>                            10272
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       (1222)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           7804
<NUMBER-OF-SHARES-REDEEMED>                      (694)
<SHARES-REINVESTED>                                 94
<NET-CHANGE-IN-ASSETS>                           85422
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              463
<INTEREST-EXPENSE>                                5569
<GROSS-EXPENSE>                                    759
<AVERAGE-NET-ASSETS>                             87351
<PER-SHARE-NAV-BEGIN>                             9.85
<PER-SHARE-NII>                                    .35
<PER-SHARE-GAIN-APPREC>                            .99
<PER-SHARE-DIVIDEND>                             (.20)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.99
<EXPENSE-RATIO>                                    .78
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000912035
<NAME> MORGAN GRENFELL INVESTMENT TRUST
<SERIES>
   <NUMBER> 10
   <NAME> INTERNATIONAL FIXED INCOME
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          OCT-31-1995
<PERIOD-START>                             NOV-01-1994
<PERIOD-END>                               OCT-31-1995
<INVESTMENTS-AT-COST>                            24511
<INVESTMENTS-AT-VALUE>                           25738
<RECEIVABLES>                                      803
<ASSETS-OTHER>                                    1093
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   27634
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           31
<TOTAL-LIABILITIES>                                 31
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         24778
<SHARES-COMMON-STOCK>                             2434
<SHARES-COMMON-PRIOR>                             1523
<ACCUMULATED-NII-CURRENT>                         1586
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           (40)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          1279
<NET-ASSETS>                                     27603
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 1396
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (174)
<NET-INVESTMENT-INCOME>                           1222
<REALIZED-GAINS-CURRENT>                           434
<APPREC-INCREASE-CURRENT>                          360
<NET-CHANGE-FROM-OPS>                             2877
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         (76)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          10597
<NUMBER-OF-SHARES-REDEEMED>                     (1093)
<SHARES-REINVESTED>                                 60
<NET-CHANGE-IN-ASSETS>                           12365
<ACCUMULATED-NII-PRIOR>                            440
<ACCUMULATED-GAINS-PRIOR>                        (522)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              118
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    174
<AVERAGE-NET-ASSETS>                             22194
<PER-SHARE-NAV-BEGIN>                             9.94
<PER-SHARE-NII>                                    .42
<PER-SHARE-GAIN-APPREC>                           1.03
<PER-SHARE-DIVIDEND>                             (.05)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.34
<EXPENSE-RATIO>                                    .78
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000912035
<NAME> MORGAN GRENFELL INVESTMENT TRUST
<SERIES>
   <NUMBER> 13
   <NAME> FIXED INCOME
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          OCT-31-1995
<PERIOD-START>                             NOV-01-1994
<PERIOD-END>                               OCT-31-1995
<INVESTMENTS-AT-COST>                           483741
<INVESTMENTS-AT-VALUE>                          495681
<RECEIVABLES>                                    11736
<ASSETS-OTHER>                                      74
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  507491
<PAYABLE-FOR-SECURITIES>                         10218
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         3052
<TOTAL-LIABILITIES>                              13270
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        479195
<SHARES-COMMON-STOCK>                            46521
<SHARES-COMMON-PRIOR>                            24120
<ACCUMULATED-NII-CURRENT>                            1
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           3085
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         11940
<NET-ASSETS>                                    494221
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                27656
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  (2021)
<NET-INVESTMENT-INCOME>                          25635
<REALIZED-GAINS-CURRENT>                          8122
<APPREC-INCREASE-CURRENT>                        18803
<NET-CHANGE-FROM-OPS>                            52560
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      (25636)
<DISTRIBUTIONS-OF-GAINS>                          (31)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         301939
<NUMBER-OF-SHARES-REDEEMED>                    (94732)
<SHARES-REINVESTED>                              20565
<NET-CHANGE-IN-ASSETS>                          254665
<ACCUMULATED-NII-PRIOR>                              2
<ACCUMULATED-GAINS-PRIOR>                       (5006)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           (1506)
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 (2021)
<AVERAGE-NET-ASSETS>                            376410
<PER-SHARE-NAV-BEGIN>                             9.93
<PER-SHARE-NII>                                     .7
<PER-SHARE-GAIN-APPREC>                            .69
<PER-SHARE-DIVIDEND>                              (.7)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.62
<EXPENSE-RATIO>                                    .54
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000912035
<NAME> MORGAN GRENFELL INVESTMENT TRUST
<SERIES>
   <NUMBER> 14
   <NAME> SHORT-TERM MUNICIPAL BOND FUND
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          OCT-31-1995
<PERIOD-START>                             MAR-06-1995
<PERIOD-END>                               OCT-31-1995
<INVESTMENTS-AT-COST>                             3677
<INVESTMENTS-AT-VALUE>                            3702
<RECEIVABLES>                                       56
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                    3758
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           34
<TOTAL-LIABILITIES>                                 34
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                          3684
<SHARES-COMMON-STOCK>                              367
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                             15
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                            25
<NET-ASSETS>                                      3724
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                  101
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    (11)
<NET-INVESTMENT-INCOME>                             90
<REALIZED-GAINS-CURRENT>                            15
<APPREC-INCREASE-CURRENT>                           25
<NET-CHANGE-FROM-OPS>                              130
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         (90)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            526
<NUMBER-OF-SHARES-REDEEMED>                      (166)
<SHARES-REINVESTED>                                  7
<NET-CHANGE-IN-ASSETS>                            3724
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                8
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                     43
<AVERAGE-NET-ASSETS>                              1976
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                    .30
<PER-SHARE-GAIN-APPREC>                            .13
<PER-SHARE-DIVIDEND>                             (.30)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.13
<EXPENSE-RATIO>                                    .52
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000912035
<NAME> MORGAN GRENFELL INVESTMENT TRUST
<SERIES>
   <NUMBER> 15
   <NAME> SHORT-TERM FIXED
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          OCT-31-1995
<PERIOD-START>                             MAR-13-1995
<PERIOD-END>                               OCT-31-1995
<INVESTMENTS-AT-COST>                             4326
<INVESTMENTS-AT-VALUE>                            4333
<RECEIVABLES>                                       43
<ASSETS-OTHER>                                     100
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                    4476
<PAYABLE-FOR-SECURITIES>                           300
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           36
<TOTAL-LIABILITIES>                                336
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                          4133
<SHARES-COMMON-STOCK>                              413
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             7
<NET-ASSETS>                                      4140
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                   86
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     (7)
<NET-INVESTMENT-INCOME>                             79
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                            7
<NET-CHANGE-FROM-OPS>                               86
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         (79)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            421
<NUMBER-OF-SHARES-REDEEMED>                       (13)
<SHARES-REINVESTED>                                  5
<NET-CHANGE-IN-ASSETS>                            4140
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                5
<INTEREST-EXPENSE>                                  86
<GROSS-EXPENSE>                                     38
<AVERAGE-NET-ASSETS>                              1350
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                    .37
<PER-SHARE-GAIN-APPREC>                            .01
<PER-SHARE-DIVIDEND>                             (.37)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.01
<EXPENSE-RATIO>                                    .52
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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