| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 22,512 | 2,251 | 18,010 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| CALAMOS GLOBAL OPPORTUNITIES FUND, L.P. | FMV | 3,975,522 | 3,975,522 |
| MERRILL LYNCH - 105 | FMV | 5,692,779 | 5,692,779 |
| MERRILL LYNCH - 735 | FMV | 3,566,587 | 3,566,587 |
| MERRILL LYNCH - 687 | FMV | 3,121,513 | 3,121,513 |
| SJC ONSHORE DIRECT LENDING FUND II, L.P. | FMV | 6,574 | 6,574 |
| SJC ONSHORE DIRECT LENDING FUND III, L.P. | FMV | 3,104,085 | 3,104,085 |
| MERRILL LYNCH - 112 | FMV | 6,906,981 | 6,906,981 |
| MERRILL LYNCH - 678 | FMV | 5,445,682 | 5,445,682 |
| ADABELLE CAPITAL II, LTD - LONG/SHORT | FMV | 34,142,672 | 34,142,672 |
| MERRILL LYNCH - 144 | FMV | 4,337,809 | 4,337,809 |
| MERRILL LYNCH - 104 | FMV | 4,699,589 | 4,699,589 |
| MERRILL LYNCH - 677 | FMV | 4,450,427 | 4,450,427 |
| ADABELLE CAPITAL II, LTD - ABSOLUTE RETURN | FMV | 25,262,226 | 25,262,226 |
| ADABELLE CAPITAL II, LTD - REAL ASSETS | FMV | 1,332,014 | 1,332,014 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OUTSIDE SERVICES | 1,240 | 0 | 1,240 | |
| OFFICE SUPPLIES | 1,991 | 0 | 1,991 | |
| COMPUTER EXPENSE | 16,217 | 0 | 16,217 | |
| INSURANCE EXPENSE | 10,567 | 0 | 10,567 | |
| TELECOMMUNICATIONS | 6,359 | 0 | 6,359 | |
| MISCELLANEOUS | 1,855 | 0 | 1,855 | |
| INVESTMENT OPERATING EXPENSES | 24,771 | 24,771 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| FROM K-1: CALAMOS GLOBAL OPPORTUNITIES FUND LP | -8,386 | -8,386 | -8,386 |
| FROM K-1: SJC ONSHORE DIRECT LENDING FUND II, L.P. | 654 | 654 | 654 |
| FROM K-1: SJC ONSHORE DIRECT LENDING FUND III, L.P. | 215,312 | 215,312 | 215,312 |
| MISCELLANEOUS INCOME | 402 | 402 | 402 |
| STATE TAX REFUNDS | 1,757 | 1,757 |
| Description | Amount |
|---|---|
| BOOK TO TAX ADJUSTMENTS | 230,904 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MANAGEMENT & CUSTODIAL FEES | 386,096 | 386,096 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 21,089 | 21,089 | 0 | |
| PAYROLL TAXES | 18,275 | 0 | 18,275 |