| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| CAPITAL INCOME BUILDER | AT COST | 24,101 | 26,505 |
| AMER BALANCED | AT COST | 18,649 | 20,256 |
| AMERICAN HIGH INCOME TRUST | AT COST | 36,996 | 36,913 |
| INCOME FUND AMER INC | AT COST | 6,842 | 7,216 |
| MUTUAL FUNDS | AT COST | 465,992 | 465,992 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DUE FROM FIVE ALPHA SIERRA | 500,000 | 500,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PORTFOLIO EXPENSES | 2,932 | 2,932 | 0 |