| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| FIXED INCOME SECURITIES | 3,701,676 | 3,751,860 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| EQUITIES | 781,089 | 1,025,970 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| LIMITED PARTNERSHIPS | FMV | 8,027 | 34,716 |
| MUTUAL FUNDS | AT COST | 2,324,580 | 2,241,705 |
| PTP LOSS C/F ENBRIDGE | AT COST | 5,509 | 0 |
| PTP LOSS C/F ENERGY TRANSFER | AT COST | 1,297 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 6,265 | 0 | 6,265 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DUE FROM BROKER | 595 | 417 | 417 |
| PREPAID INTEREST INCOME | 416 | 416 |
| Description | Amount |
|---|---|
| NON-DEDUCTIBLE EXPENSES | 116 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONSULTING FEES | 60,000 | 0 | 60,000 | |
| MISCELLANEOUS | 448 | 0 | 0 | |
| OTHER DEDUCTIONS FROM K-1 | 20 | 20 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| REGENCY ENERGY PARTNERS LP K-1 | 1 | 1 | 1 |
| BUCKEYE PARTNERS K-1 | 646 | 646 | |
| ENBRIDGE ENERGY PARTNERS K-1 | -557 | -557 | |
| ENERGY TRANSFER PARTNERS K-1 | -368 | -368 | |
| DISALLOWED LOSSES | 1,035 | 1,035 | |
| REGENCY ENERGY PARTNERS | -106 | -106 |
| Description | Amount |
|---|---|
| TAX-EXEMPT DIVIDENDS - MERRILL LYNCH | 303 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| ADVANCE | 50 | 50 |
| DUE TO BROKER | 0 | 168 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CUSTODIAN FEES | 175 | 175 | 0 | |
| ADVISORY FEES | 5,136 | 5,136 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 4,068 | 0 | 0 | |
| FOREIGN TAXES WITHHELD | 112 | 112 | 0 |