| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 21,734 | 2,173 | 17,387 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| CALAMOS GLOBAL OPPORTUNITIES FUND, L.P. | FMV | 4,688,170 | 4,688,170 |
| MERRILL LYNCH - 105 | FMV | 7,323,290 | 7,323,290 |
| MERRILL LYNCH - 735 | FMV | 4,161,716 | 4,161,716 |
| MERRILL LYNCH - 687 | FMV | 3,410,002 | 3,410,002 |
| SJC ONSHORE DIRECT LENDING FUND III, L.P. | FMV | 2,231,677 | 2,231,677 |
| MERRILL LYNCH - 112 | FMV | 6,777,756 | 6,777,756 |
| MERRILL LYNCH - 678 | FMV | 5,424,600 | 5,424,600 |
| ADABELLE CAPITAL II, LTD - LONG/SHORT | FMV | 31,431,361 | 31,431,361 |
| MERRILL LYNCH - 144 | FMV | 5,442,915 | 5,442,915 |
| MERRILL LYNCH - 104 | FMV | 6,142,067 | 6,142,067 |
| MERRILL LYNCH - 677 | FMV | 5,161,149 | 5,161,149 |
| ADABELLE CAPITAL II, LTD - ABSOLUTE RETURN | FMV | 22,792,707 | 22,792,707 |
| ADABELLE CAPITAL II, LTD - REAL ASSETS | FMV | 1,617,302 | 1,617,302 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OUTSIDE SERVICES | 630 | 0 | 630 | |
| OFFICE SUPPLIES | 1,360 | 0 | 1,360 | |
| COMPUTER EXPENSE | 15,378 | 0 | 15,378 | |
| INSURANCE EXPENSE | 7,219 | 0 | 7,219 | |
| TELECOMMUNICATIONS | 5,903 | 0 | 5,903 | |
| MISCELLANEOUS | 2,709 | 0 | 2,709 | |
| INVESTMENT OPERATING EXPENSES | 57,429 | 57,429 | 0 | |
| RECRUITING | 505 | 0 | 505 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| FROM K-1: CALAMOS GLOBAL OPPORTUNITIES FUND LP | 35,510 | 35,510 | 35,510 |
| FROM K-1: SJC ONSHORE DIRECT LENDING FUND III, L.P. | 131,952 | 131,952 | 131,952 |
| MISCELLANEOUS INCOME | 411 | 411 | 411 |
| Description | Amount |
|---|---|
| BOOK TO TAX ADJUSTMENTS | 3,396,853 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MANAGEMENT & CUSTODIAL FEES | 451,162 | 451,162 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 27,164 | 27,164 | 0 | |
| PAYROLL TAXES | 25,742 | 0 | 25,742 |