| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MORGAN STANLEY-CASH | AT COST | 57,575 | 57,575 |
| MORGAN STANLEY-CASH (CHECKING) | AT COST | 27,717 | 27,717 |
| MORGAN STANLEY-STOCKS | AT COST | 607,326 | 733,079 |
| MORGAN STANLEY-EXCHANGE-TRADED & CLOSED END FD | AT COST | 2,924,163 | 3,059,340 |
| MORGAN STANLEY-CORPORATE FIXED INCOME | AT COST | 108,344 | 116,876 |
| MORGAN STANLEY-GOVERNMENT SECURITIES | AT COST | 294,319 | 313,580 |
| MORGAN STANLEY-MUTUAL FDS | AT COST | 549,692 | 524,802 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| DAWDA, MANN, MULCAHY & SADLER,PLC | 7,700 | 3,850 | 3,850 |
| Description | Amount |
|---|---|
| ADJUSTMENT TO COST BASIS-SEE STATEMENT 8 | 339,289 |
| TIMING ADJUSTMENT | 253 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MORGAN STANLEY INVESTMENT FEES | 41,884 | 20,942 | 20,942 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAX | 0 | 0 | 0 | |
| 1ST QUARTER ESTIMATE | 6,000 | 0 | 0 |