UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
Information Statement Pursuant to Rules 13d-1 and 13d-2
Under the Securities Exchange Act of 1934
(Amendment No. __)*
Handleman Co.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
410252100
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(CUSIP Number)
April 13, 2007
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
CUSIP NO. 410252100
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Met Investors Advisory, LLC
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
Not Applicable
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Maryland
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5. Sole Voting Power:
None
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NUMBER OF 6. Shared Voting Power:
SHARES
BENEFICIALLY 2,072,359*
OWNED BY ------------------------------------------------------------------
EACH 7. Sole Dispositive Power:
REPORTING
PERSON 0
WITH ------------------------------------------------------------------
8. Shared Dispositive Power:
2,072,359*
See Note 1*
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,072,359*
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7
10.2%
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12. TYPE OF REPORTING PERSON
IA
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* Note 1: Met Investors Advisory, LLC, ("MetLife Investors") an investment
advisor registered under Section 203 of the Investment Advisors Act of 1940,
serves as investment manager of each series of Met Investors Series Trust
(the "Trust"), an investment company registered under the Investment Company
Act of 1940. In its role as investment manager of the Trust, MetLife
Investors has contracted with certain sub-advisers to make the day-to-day
investment decisions investment for the certain series of the Trust.
Accordingly, MetLife Investors generally does not have investment and/or
voting power over the shares reported in this schedule.
CUSIP NO. 410252100
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Met Investors Series Trust
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
Not Applicable
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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9. Sole Voting Power:
None
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NUMBER OF 10. Shared Voting Power:
SHARES
BENEFICIALLY 2,072,359
OWNED BY ------------------------------------------------------------------
EACH 11. Sole Dispositive Power:
REPORTING
PERSON 0
WITH ------------------------------------------------------------------
12. Shared Dispositive Power:
2,072,359
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,072,359 shares
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.2%
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12. TYPE OF REPORTING PERSON
IV
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ITEM 1 (A) Name of Issuer:
Handleman Co.
ITEM 1 (B) Address of Issuer's Principal Executive Offices:
500 Kirts Blvd
PO Box 7045
Troy, MI 48084-4142
ITEM 2 (A) Name of Person Filing:
1) Met Investors Advisory, LLC
2) Met Investors Series Trust
ITEM 2 (B) Address of Principal Business Office or, if none, Residence:
5 Park Plaza, Suite 1900
Irvine, CA 92614
ITEM 2 (C) Citizenship:
1) Maryland
2) Delaware
ITEM 2 (D) Title of Class of Securities:
Common Stock, (the "Shares")
ITEM 2 (E) CUSIP Number:
410252100
ITEM 3 The person Filing this Schedule 13G is an:
Investment Company registered under Section 8 of the
Investment Company Act of 1940.
Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940
ITEM 4 OWNERSHIP
ITEM 4 (A): Amount Beneficially Owned:
2,072,359 shares
ITEM 4 (B): Percent of Class:
10.2%
ITEM 4 (C): Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
None
(ii) shared power to vote or to direct the vote:
2,072,359
(iii) sole power to dispose or to direct the disposition of:
0
(iv) shared power to dispose or to direct the disposition of:
2,072,359
ITEM 5 Ownership of Five Percent or Less of a Class:
Not Applicable.
ITEM 6 Ownership of More than Five Percent on Behalf of Another Person:
Third Avenue Small-Cap Value Portfolio, a series of Met Investors
Series Trust, a registered investment company under the
investment Company Act of 1940, has the right to receive
dividends from and the proceeds from the sale of 2,072,359 of the
shares reported by Met Investors Advisory LLC.
ITEM 7 Identification and Classification of the Subsidiary which
Acquired the Security Being Reported on by the Parent
Holding Company:
Not Applicable.
ITEM 8 Identification and Classification of Members of the Group:
Not Applicable.
ITEM 9 Notice of Dissolution of Group:
Not Applicable.
ITEM 10 CERTIFICATION:
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired and are not held
for the purpose of or with the effect of changing or influencing the
control of the issuer of the securities and were not acquired and
are not held in connection with or as a participant in any
transaction having such purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: May 30, 2007
Met Investors Advisory, LLC
By: /s/ Jack P. Huntington
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Met Investors Series Trust
By: /s/ Jack P. Huntington
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