| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEE | 675 | 350 | 325 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| WACHOVIA PFD FNDNG 7.25% NONCUM EXCH | 12,500 | 12,495 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| NATIONWIDE HIGH YIELD FUND CL A | AT COST | 47,957 | 16,869 |
| UBS PACE STRATEGIC FIXED INC INVEST CL A | AT COST | 46,815 | 49,492 |
| GMAC 7.25% SR NOTES | AT COST | 25,000 | 25,360 |
| EATON VANCE LTD DURATION INC FD | AT COST | 0 | 0 |
| UNTS AAM INFL INC | AT COST | 6,927 | 6,445 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAXES - PRIOR YEAR LIABILITY | 100 | 100 | 0 |