| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 8,500 | 0 | 8,500 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| WATFORD HOLDINGS LTD | 1,470,000 | 1,463,895 |
| SPECTRUM BRANDS HOLDINGS (FORMERLY HRG GROUP INC) | 1,915,352 | 1,071,744 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| GLENVIEW CAPITAL PARTNERS | AT COST | 1,588 | 250 |
| HIGHBRIDGE MEZZANINE OFFSHORE FUND I | AT COST | 261,228 | 161,361 |
| REDWOOD OPPORTUNITY DOMESTIC FUND, LP | AT COST | 871,561 | 949,229 |
| HIGHBRIDGE IRISH SPECIALTY LOAN FUND III PLC | AT COST | 384,752 | 341,175 |
| HIGHBRIDGE MEZZANINE OFFSHORE FUND II | AT COST | 1,437,184 | 1,133,170 |
| HIGHBRIDGE MEZZANINE OFFSHORE FUND III | AT COST | 783,492 | 883,808 |
| CREDIT VALUE OFFSHORE FUND 2016 | AT COST | 1,546,744 | 1,570,995 |
| ASIA L/S CREDIT OFFSHORE FUND | AT COST | 501,652 | 488,585 |
| STRATA CLO I LIMITED | AT COST | 400,000 | 380,750 |
| CREDIT VALUE OFFSHORE FUND V LP | AT COST | 143,776 | 118,602 |
| Description | Amount |
|---|---|
| BOOK TAX DIFFERENCE - REDWOOD OPPORTUNITY DOMESTIC FUND | 56,131 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| REDWOOD OPPORTUNITY DOMESTIC FUND - INVESTMENT INTEREST | 3,209 | 3,209 | 0 | |
| INVESTMENT EXPENSES | 16,973 | 16,973 | 0 | |
| REDWOOD OPPORTUNITY DOMESTIC FUND - PORTFOLIO LOSS | 2,675 | 2,675 | 0 | |
| REDWOOD OPPORTUNITY DOMESTIC FUND - NON-DEDUCTIBLE EXPENSES | 1,054 | 0 | 0 | |
| BANK CHARGES | 103 | 0 | 103 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| FEDERAL UBTI REFUND | 11,959 | 0 | 11,959 |
| STATE UBTI REFUND | 1,976 | 0 | 1,976 |
| Description | Amount |
|---|---|
| MUNI INTEREST INCOME - REDWOOD OPPORTUNITY DOMESTIC FUND | 867 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| CREDIT CARD PAYABLE | 1,000 | 300 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAX | 8,508 | 0 | 0 |