| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING/TAX FEES | 2,600 | 0 | 2,600 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AG MTG INVT TR 8% PFD | 74,070 | 74,070 |
| ANNALY CAPITAL 6.5% PFD | 50,980 | 50,980 |
| ARMADA 6.75% PFD | 53,841 | 53,841 |
| CEDAR REALTY 7.25% PFD | 51,600 | 51,600 |
| CHIMERA INVESTMENT 8% PFD | 51,100 | 51,100 |
| ENERGY TRANS 7.625% PFD | 100,280 | 100,280 |
| INVESCO MORTGA 7.5% PFD | 74,040 | 74,040 |
| ISTAR INC 7.65% PFD | 89,285 | 89,285 |
| NEW YORK MORT 7.875% PFD | 49,100 | 49,100 |
| MFA FINL, INC. 7.5% PFD | 50,300 | 50,300 |
| NTNL GENERAL H 7.5% PFD | 22,988 | 22,988 |
| QWEST CORP 6.75% PFD | 102,640 | 102,640 |
| AGNC INVESTMENT 6.5% PFD | 51,340 | 51,340 |
| ARMOUR RESIDENTIAL 7% PFD | 51,420 | 51,420 |
| CHERRY HILL M 8.25% PFD | 50,620 | 50,620 |
| DCP MIDSTREAM 7.95% PFD | 25,040 | 25,040 |
| DIGITALBRIDGE 7.15% PFD | 52,220 | 52,220 |
| FRANKLIN BSP R 7.5% PFD | 75,960 | 75,960 |
| FS KKR CAPITAL CORP | 25,128 | 25,128 |
| HERCULES CAPITAL INC. | 23,226 | 23,226 |
| KKR REAL ESTATE FIN | 49,992 | 49,992 |
| NEW RESIDENT 7.125% PFD | 50,780 | 50,780 |
| NUSTAR ENERGY 7.625% PFD | 22,500 | 22,500 |
| OWL ROCK CAPITAL CORP | 48,144 | 48,144 |
| PENNYMAC MORTGAG 8% PFD | 52,800 | 52,800 |
| READY CAPITAL CORP | 51,579 | 51,579 |
| SUMMIT HOTEL 6.25% PFD | 25,350 | 23,350 |
| APOLLO COML REAL EST | 44,744 | 44,744 |
| ARBOR REALTY TR | 54,960 | 54,960 |
| BLACKSTONE MTG TR | 48,992 | 48,992 |
| LADDER CAP CORP | 26,378 | 26,378 |
| LTC PROPERTIES INC. | 27,312 | 27,312 |
| NEW RESIDENT INV. | 23,562 | 23,562 |
| SABRA HLTH CARE | 21,664 | 21,664 |
| STARWOOD PPTY TRUST | 48,600 | 48,600 |
| T P G RE FIN TRUST | 24,640 | 24,640 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| PARTNERSHIP INCOME | 5,719 | 5,887 | 5,719 |
| OTHER | 1,090 | 0 | 1,090 |
| Description | Amount |
|---|---|
| CHANGE IN UNREALIZED GAINS/LOSSES | 74,344 |
| Name | Address |
|---|---|
| DENNIS GETTER |
512 COOLEEWEE COURT FORT MILL,SC29715 |