| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MARCUM LLP ACCOUNTING FEES | 3,296 | 1,648 | 1,648 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MORGAN STANLEY CORPORATE BONDS #9894 | 100,937 | 100,937 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MORGAN STANLEY CORPORATE STOCKS #3389 | 1,308,934 | 1,308,934 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ADAMS DIVERSIFIED EQUITY FUND | FMV | 183,086 | 183,086 |
| GENL AMER INV | FMV | 187,520 | 187,520 |
| ROYCE MICRO CAP TR | FMV | 125,368 | 125,368 |
| GABELLI DIV & INCM | FMV | 89,784 | 89,784 |
| VANGUARD HEALTH CARE ETF | FMV | 127,857 | 127,857 |
| ISHARES US MEDICAL DEV ETF | FMV | 71,564 | 71,564 |
| SPDR S&P BIOTECH | FMV | 56,699 | 56,699 |
| TAIWAN FUND INC | FMV | 17,918 | 17,918 |
| BLACKSTONE BREIT #3889 | FMV | 473,735 | 473,735 |
| INVESCO FTSE RAFI US 1500 ETF | FMV | 53,236 | 53,236 |
| INVESCO S&P 500 EQUAL WEIGHT (RSP) | FMV | 87,263 | 87,263 |
| ISHARES CORE MSCI EAFE ETF | FMV | 87,304 | 87,304 |
| PROSHES RSL 2000 DVD ETF | FMV | 49,993 | 49,993 |
| SRH TOTAL RETURN FUND INC | FMV | 149,921 | 149,921 |
| ISHARES CORE MSCI EMERGING | FMV | 51,035 | 51,035 |
| SPDR BLACKSTONE SENIOR LOAN (SRLN) | FMV | 85,831 | 85,831 |
| INVESCO S&P 500 EQUAL WEIGHT E (RSP) | FMV | 4,418 | 4,418 |
| ISHARES BIOTECHNOLOGY ETF | FMV | 24,045 | 24,045 |
| ISHARES US MEDICAL DEV ETF (IHI) | FMV | 29,090 | 29,090 |
| ISHARES US PHARMACEUTICAL ETF (IHE) | FMV | 32,445 | 32,445 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| INVESTMENT RETURN OF CAPITAL | 203 | 0 | 203 |
| Description | Amount |
|---|---|
| UNREALIZED GAINS ON INVESTMENTS | 429,236 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MORGAN STANLEY INVESTMENT FEES | 20,872 | 20,872 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES PAID | 934 | 934 | 0 |