| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREPARATION FEE (NON-ALLOC | 900 | 900 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| WATER ISLAND CREDIT OPPORTUNIT | 61,240 | 61,100 |
| FEDERATED HERMES TOTAL RETURN | 53,800 | 53,465 |
| MILLER CONVERTIBLE BOND I | 35,203 | 35,378 |
| NEUBERGER BERMAN STRATEGIC INC | 48,420 | 44,475 |
| VANGUARD SHORT TERM CORPORATE | 88,139 | 90,653 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AUTOZONE INC | 4,230 | 13,566 |
| DISNEY WALT COMPANY | ||
| WALMART INC | 4,375 | 14,706 |
| COCA COLA CO COM | 4,341 | 6,502 |
| DOLLAR GENERAL CORPORATION | ||
| PROCTER & GAMBLE CO COM | 4,278 | 5,876 |
| CHUBB LTD | 4,386 | 9,988 |
| J P MORGAN CHASE & CO | 5,940 | 16,755 |
| TRAVELERS COMPANIES INCORPORAT | 4,323 | 9,282 |
| CUMMINS INC | 4,384 | 13,782 |
| CHECK POINT SOFTWARE TECHNOLOG | 4,400 | 6,495 |
| APPLE COMPUTER INC | 4,193 | 22,836 |
| LAM RESERACH CORP | 4,184 | 37,660 |
| TAIWAN SEMICONDUCTOR MANUFACTU | 4,365 | 31,301 |
| HARDING LOEVNER INTERNATIONAL | 17,997 | 21,179 |
| JPMORGAN EMERGING MKTS EQ INST | 24,142 | 44,986 |
| VIRTUS KAR SMALL-CAP GROWTH I | 22,150 | 10,955 |
| VIRTUS KAR SMALL-CAP VALUE I | 22,150 | 25,586 |
| SCHWAB FUNDAMENTAL U.S. LARGE | 74,235 | 247,734 |
| HOME DEPOT INC | 6,414 | 8,258 |
| TRACTOR SUPPLY CO | ||
| ALLSTATE CORPORATION COM | 4,113 | 8,118 |
| MERCK & CO INC NEW | 3,712 | 5,158 |
| CISCO SYS INC | 3,883 | 7,241 |
| COGNIZANT TECHNOLOGY SOLUTIONS | ||
| MICROSOFT CORP COM | 3,062 | 9,672 |
| VERTEX PHARMACEUTICALS INC | 4,630 | 9,974 |
| LOCKHEED MARTIN CORP COM | 4,246 | 5,804 |
| ROBERT HALF INTERNATIONAL INC | ||
| BOOZ ALLEN HAMILTON HOLDING CO | 4,002 | 4,218 |
| ELECTRONIC ARTS INC | ||
| VALE SA | ||
| SNAP ON INC | ||
| ALPHABET INC. CL A | 2,842 | 6,260 |
| APPLIED MATERIALS, INC. | 7,417 | 18,246 |
| UNITED PARCEL SVC INC | 4,828 | 2,678 |
| CLEVELAND-CLIFFS INC | ||
| VALERO ENERGY CORP NEW | 3,214 | 3,907 |
| BANK OF MONTREAL | 7,941 | 10,643 |
| WEST PHARMACEUTICALS SERVICES | ||
| CENCORA | 4,136 | 18,914 |
| MORGAN STANLEY | 4,406 | 5,681 |
| RIO TINTO PLC SPONSORED ADR | 4,375 | 5,682 |
| SANOFI-AVENTIS SPONSORED ADR | 4,433 | 4,119 |
| TOYOTA MOTOR CORP ADR | 4,289 | 4,923 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| NEUBERGER BERMAN STRATEGIC INC | |||
| MILLER CONVERTABLE BOND I | |||
| WATER ISLAND CREDIT OPPORTUNIT | |||
| VANGUARD SHORT TERM CORPORATE | |||
| FEDERATED HERMES TOTAL RETURN |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ARBITRAGE FUND CLASS I | 35,606 | 35,606 | 38,137 |
| Description | Amount |
|---|---|
| 2025 TRANSACTIONS POSTED IN 2026 | 746 |
| ROUNDING | 1 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER EXPENSE (NON-DEDUCTIBLE | 4 | 4 | 0 |
| Description | Amount |
|---|---|
| 2024 TRANSACTIONS POSTED IN 2025 | 749 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 130 | 130 | 0 | |
| FEDERAL TAX PAYMENT - PRIOR YE | 62 | 0 | 0 | |
| FEDERAL ESTIMATES - PRINCIPAL | 231 | 0 | 0 | |
| FOREIGN TAXES ON QUALIFIED FOR | 203 | 203 | 0 | |
| FOREIGN TAXES ON NONQUALIFIED | 0 | 0 |