| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| GOLDMAN SACHS 3.7% 08/01/15 | 25,555 | 25,473 |
| GE CAPITAL 4.0% 08/15/18 | 25,050 | 24,343 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| FEDERATED TOTAL RETURN BOND | AT COST | 137,200 | 148,146 |
| FEDERATED CLOVER VALUE A | AT COST | 39,163 | 43,108 |
| DWS COMMODITY SECURITIES A | AT COST | 16,273 | 19,285 |
| JANUS FORTY A | AT COST | 37,403 | 40,210 |
| ALLIANCE BERNSTEIN SMALL-MID | AT COST | 13,892 | 16,105 |
| OPPENHEIMER REAL ESTATE A | AT COST | 15,401 | 16,374 |
| FEDERATED MID CAP GROWTH | AT COST | 11,318 | 13,369 |
| FEDERATED KAUFMANN SMALL CAP | AT COST | 10,987 | 13,507 |
| FEDERATED INTERCONTINENTAL A | AT COST | 60,666 | 67,845 |
| FEDERATED INTERNATIONAL SMALL | AT COST | 9,324 | 10,971 |
| VICTORY SMALL COMPANY OPP | AT COST | 18,499 | 21,305 |
| Description | Amount |
|---|---|
| 2010 INCOME POSTED IN 2011 | 885 |
| Description | Amount |
|---|---|
| 2009 INCOME POSTED IN 2010 | 284 |
| TAX ADJUSTMENT | 202 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL TAX PAYMENT - PRIOR YE | 123 | 0 | 0 | |
| FEDERAL ESTIMATES - PRINCIPAL | 124 | 0 | 0 | |
| FOREIGN TAXES ON QUALIFIED FOR | 213 | 213 | 0 |