| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 2,512 | 0 | 0 |
| Category | Amount |
|---|---|
| NONE | 0 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| SCHWAB 2665 BONDS | 2,375,058 | 3,716,221 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| SCHWAB 2665 SECURITIES | 1,593,855 | 1,776,898 |
| SCHWAB 7843 SECURITIES | 555,833 | 1,195,681 |
| SCHWAB 0181 SECURITIES | 353,043 | 398,819 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ARDENT FINANCIAL FUND II | AT COST | 8,411 | 8,411 |
| KAYNE ANDERSON RE DEBT II | AT COST | 136,444 | 136,444 |
| ARDENT FINANCIAL CREDIT OPPORTUNITY FUND | AT COST | 52,334 | 52,334 |
| RIVER CITIES CAPITAL FUND VI, L.P. | AT COST | 522,552 | 522,552 |
| 1420 3RD AVENUE PARTNERS, LLC | AT COST | 53,015 | 53,015 |
| INVERGARRY HOLDINGS, LP | AT COST | 1,287,369 | 1,287,369 |
| HARBOUR RETAIL PARTNERS REAL ESTATE FUND II | AT COST | 226,435 | 226,435 |
| SOUND POINT DISCOVERY FUND LLC | AT COST | 963,059 | 963,059 |
| LNC2 SBIC | AT COST | 227,469 | 227,469 |
| PATHWAY HEALTHCARE | AT COST | 2,000,000 | 2,000,000 |
| PEACHTREE DISTRESSED OPPORTUNITY FUND | AT COST | 264,505 | 264,505 |
| CX CYPRESS MCKINNEY FALLS LLC | AT COST | 392,989 | 392,989 |
| LYNX OPPORTUNITY FUND II LP | AT COST | 139,652 | 139,652 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ACCRUED INCOME RECEIVABLE | 17,096 | 28,274 | 28,274 |
| Description | Amount |
|---|---|
| BOOK-TAX DIFFERENCE PASSIVE ACTIVITY LOSSES | 17,853 |
| BOOK-TAX DIFFERENCE NON-DEDUCTIBLE EXPENSES | 727 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 80 | 0 | 0 | |
| INVESTMENT FEES | 57,554 | 57,554 | 0 | |
| K-1 INVESTMENT EXP | 18,322 | 18,322 | 0 | |
| K-1 INVESTMENT EXP | 135,597 | 135,597 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ARDENT FINANCIAL CREDIT OPPORTUNITY FUND | 12,554 | 12,554 | 12,554 |
| SOUND POINT DISCOVERY FUND - INV INCOME | 8,150 | 8,150 | 8,150 |
| INVEGARRY HOLDINGS LP - INV INCOME | 19,988 | 19,988 | 19,988 |
| LNC PARTNERS II - SBIC, LP - INV INCOME | 29,160 | 29,160 | 29,160 |
| PEACHTREE DISTRESSED OPP FUND - INV INCOME | 10,469 | 10,469 | 10,469 |
| MCM DETROIT INDUSTRIAL HOLDINGS, LLC | 773,931 | 773,931 | 773,931 |
| HARBOUR RETAIL PARTNERS REAL ESTATE | 5,705 | 5,705 | 5,705 |
| Description | Amount |
|---|---|
| BOOK-TAX DIFFERENCE TAX-EXEMPT INCOME | 19,081 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| MCM DETROIT INDUSTRIAL HOLDINGS, LLC - NEGATIVE BASIS | 490,663 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES | 471 | 0 | 0 | |
| FOREIGN TAXES | 368 | 368 | 0 |