| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AMERICAN CAPITAL WORLD BOND | 361,742 | 372,564 |
| BLACKROCK INFL PROT BD CL C | 230,717 | 221,322 |
| PRINCIPAL GLOBAL | 366,776 | 356,586 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INLAND AMER RE TR/INVENTRUST | AT COST | 55,853 | 33,023 |
| COLONY/NORTHSTAR R/E INC TR | AT COST | 166,024 | 125,483 |
| STEADFAST INC REIT | AT COST | 62,121 | 96,094 |
| CENTRAL PARK GROUP LIGHTHOUSE | AT COST | 7,516 | 7,516 |
| FS GLOBAL CREDIT | AT COST | 100,055 | 67,909 |
| F5 ENERGY & POWER | AT COST | 49,880 | 50,538 |
| HIGHLAND REIT | AT COST | 3,786 | 3,471 |
| N1 LIQUIDATING TRUST BENEFITS | AT COST | 14,029 | 16,425 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 300 | 300 | 0 | 0 |
| LOSS FROM PASS THROUGH | 848 | 848 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX | 85 | 85 | 0 | 0 |
| EXCISE TAX | 1,474 | 0 | 0 | 0 |