| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| TELEFONICA SA SPONSORED ADR | 513,848 | 170,675 |
| VALLEY NATL BANCORP | 700,806 | 625,118 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ADVANTAGE PRIMARY LIQ FD | AT COST | 90,888 | 90,888 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| LEM REAL ESTATE INVESTMENT | 1,811,536 | 1,333,865 | 1,333,865 |
| LEM MULTIFAMILY INVESTMENT | 660,902 | 660,902 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 756 | 756 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| FROM LEM REAL ESTATE K1- INTEREST | 76 | 76 | 76 |
| 11,865 | 11,865 | 11,865 | |
| ORDINARY GAIN FROM PASSTHROUGH ENTITY | 38,199 | 38,199 | |
| CAPITAL GAIN FROM PASSTHROUGH ENTITY | 3,584 | 3,584 | 3,584 |
| CAPITAL GAIN FROM PASSTHROUGH ENTITY | 7,178 | 7,178 | |
| INTEREST EXPENSE FROM PASSTHROUGH ENTITY | -54 | -54 | |
| PORTFOLIO DEDUCTIONS FROM PASSTHROUGH ENTITY | -4,098 | -4,098 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX WITHHELD | 1,749 | 1,749 | 0 |