| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 3,350 | 0 | 3,350 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ANNALY CAP MGMT INC | 0 | 0 |
| ANWORTH MORTG ASSET CORP | 0 | 0 |
| CHINA PETROLEUM & CHEM CORP | 0 | 0 |
| RENAISSANCERE HOLDINGS LTD | 0 | 0 |
| SAFEGUARD SCIENTIFICS INC NEW | 42,494 | 68,320 |
| CHINA DIRECT INDUSTRIES | 176,596 | 181,200 |
| CHINA MEDICAL TECHNOLOGIES | 136,353 | 134,880 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MARKET VECTORS ETF TR GOLD MINERS FD | AT COST | 0 | 0 |
| CLAYMORE ETF GUGGENHEIM FRONTIER MARKETS | AT COST | 164,061 | 183,300 |
| MARKET VECTORS ETF TR RUSSIA | AT COST | 130,722 | 151,640 |
| MARKET VECTORS ETF TR GULF STATES | AT COST | 95,000 | 95,240 |
| MARKET VECTORS ETF TR JUNIOR GOLD MINES | AT COST | 94,720 | 111,692 |
| POWERSHARES ETF TR DYNAMIC ENERGY | AT COST | 146,627 | 157,122 |
| PROSHARES TR POWERSHARES ULTRASHORT RUSSELL 2000 | AT COST | 99,416 | 100,480 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ANNUAL FEE | 61 | 0 | 61 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 2009 EXCISE TAX BALANCE DUE | 2,425 | 0 | 0 | |
| 2010 ESTIMATED EXCISE TAX PAID | 2,425 | 0 | 0 |