| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| TELEFONICA SA SPONSORED ADR | 506,327 | 245,400 |
| VALLEY NATL BANCORP | 700,806 | 614,093 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ADVANTAGE PRIMARY LIQ FD | AT COST | 73,507 | 73,507 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| LEM REAL ESTATE INVESTMENT | 1,127,147 | 1,811,536 | 1,811,536 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 1,627 | 1,627 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| FROM LEM REAL ESTATE K1- INTEREST | 179 | 179 | 179 |
| ORDINARY GAIN FROM PASSTHROUGH ENTITY | 2,737 | 2,737 | 2,737 |
| ORDINARY GAIN FROM PASSTHROUGH ENTITY | 10,234 | 10,234 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX WITHHELD | 3,533 | 3,533 | 0 |