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        <QualifyingDistributionsAmt>607035</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>0</AppliedToYear1Amt>
        <AppliedToPriorYearsAmt>0</AppliedToPriorYearsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>400142</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>206893</RemainingDistriFromCorpusAmt>
        <ExcessDistriCyovAppCYCorpusAmt>0</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>0</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>774562</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <PriorYearDeficiencyOrTaxAmt>0</PriorYearDeficiencyOrTaxAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <CorpusDistri170b1EOr4942g3Amt>0</CorpusDistri170b1EOr4942g3Amt>
        <ExcessDistriCyovFromYr5Amt>62992</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>711570</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>96897</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>243606</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>110098</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>54076</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>206893</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ARMY DISTAFF FOUNDATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>6200 OREGON AVENUE NW</AddressLine1Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20015</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>17000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>COUNT BASIE THEATER INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>99 MONMOUTH ST</AddressLine1Txt>
            <CityNm>RED BANK</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07701</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>70836</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>JAZZ HOUSE KIDS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>347 BLOOMFIELD AVE LOWER LEVEL</AddressLine1Txt>
            <CityNm>MONTCLAIR</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07042</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>LOUISIANA MUSEUM FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1000 BOURBON STREET B429</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70116</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>7000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>LOUISIANA SPCA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1700 MARDI GRAS BLVD</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70114</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MAX'S KANSAS CITY PROJECT INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 53</AddressLine1Txt>
            <CityNm>WOODSTOCK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>12498</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NEW ORLEANS ARTS AND CULTURAL HOST COMMITTEE INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1180 RAYMOND BLVD APT 23C</AddressLine1Txt>
            <CityNm>NEWARK</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07102</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NEW ORLEANS JAZZ &amp; HERITAGE FOUNDATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1205 N RAMPART ST</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70115</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>22500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NJARTSNET</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>11 SKYTOP TERRACE</AddressLine1Txt>
            <CityNm>MONTCLAIR</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07043</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>12000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NORTHSHORE COMMUNITY FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>807 N COLUMBIA STREET</AddressLine1Txt>
            <CityNm>COVINGTON</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70443</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>OCEAN COUNTY COLLEGE FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>COLLEGE DRIVE PO BOX 2001</AddressLine1Txt>
            <CityNm>TOMS RIVER</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08754</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>64740</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SAINT VINCENT ACADEMY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>228 W MARKET STREET</AddressLine1Txt>
            <CityNm>NEWARK</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07103</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SEND ME A FRIEND FOUNDATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>728 NASHVILLE AVE</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70115</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SOUTH ORANGE PERFORMING ARTS CENTER INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>20 VALLEY STREET STE 220</AddressLine1Txt>
            <CityNm>SOUTH ORANGE</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07079</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TAKE ME TO THE RIVER EDUCATION INITIATIVE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>235 MONTGOMERY ST STE 1220</AddressLine1Txt>
            <CityNm>SAN FRANCISCO</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94104</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE HORNS PROJECT INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>102 WEST 85TH STREET SUITE 10H</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10024</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>11097</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE LOUISIANA PHILHARMONIC ORCHESTRA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1010 COMMON STREET SUITE 2120</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70112</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE NOCCA INSTITUTE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2800 CHARTRES ST</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70117</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>4000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TOMS RIVER SOUTH ALUMNI ASSOCIATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>707 UNION AVENUE</AddressLine1Txt>
            <CityNm>BRIELLE</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08730</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TROMBONE SHORTY FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>650 POYDRAS STREET SUITE 2245</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70130</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>48411</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>WARREN EASTON HIGH SCHOOL FOUNDATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3019 CANAL STREET</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70119</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>WWOZ-SCHOOL GROOVE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1008 N PETERS STREET</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70116</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>398584</TotalGrantOrContriPdDurYrAmt>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ARMY DISTAFF FOUNDATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>6200 OREGON AVENUE NW</AddressLine1Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20015</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>30000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ASBURY PARK MUSIC FOUNDATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 1396</AddressLine1Txt>
            <CityNm>ASBURY PARK</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07712</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>COUNT BASIE THEATER INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>99 MONMOUTH ST</AddressLine1Txt>
            <CityNm>RED BANK</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07701</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>70000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FIRST TEE OF NEW ORLEANS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1050 S JEFFERSON DAVIS PKWY STE 237</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70125</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>JAZZ HOUSE KIDS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>347 BLOOMFIELD AVE LOWER LEVEL</AddressLine1Txt>
            <CityNm>MONTCLAIR</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07042</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>LOUISIANA PHILHARMONIC ORCHESTRA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1010 COMMON STREET</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70112</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>65000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>LOUISIANA SPCA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1700 MARDI GRAS BLVD</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70114</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MAX'S KANSAS CITY PROJECT INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 53</AddressLine1Txt>
            <CityNm>WOODSTOCK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>12498</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NEW ORLEANS ARTS AND CULTURAL HOST COMMITTEE INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1180 RAYMOND BLVD APT 23C</AddressLine1Txt>
            <CityNm>NEWARK</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07102</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NEW ORLEANS JAZZ &amp; HERITAGE FOUNDATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1205 N RAMPART ST</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70115</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NEW ORLEANS MUSICIANS ASSISTANCE FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1525 LOUISIANA AVENUE</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70115</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NJARTSNET</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>11 SKYTOP TERRACE</AddressLine1Txt>
            <CityNm>MONTCLAIR</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07043</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NORTHSHORE COMMUNITY FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>807 N COLUMBIA STREET</AddressLine1Txt>
            <CityNm>COVINGTON</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70443</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1500</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>OCEAN COUNTY FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>COLLEGE DRIVE PO BOX 2001</AddressLine1Txt>
            <CityNm>TOMS RIVER</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08754</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>200000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SAINT VINCENT ACADEMY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>228 W MARKET STREET</AddressLine1Txt>
            <CityNm>NEWARK</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07103</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1500</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SAVE OUR BRASS CULTURE FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>4100 N PETERS STREET</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70117</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE HISTORIC ITALIAN HALL FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 92465</AddressLine1Txt>
            <CityNm>PASADENA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>91109</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>65000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE HORNS PROJECT INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>102 WEST 85TH STREET SUITE 10H</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10024</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>4000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE NOCCA INSTITUTE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2800 CHARTRES ST</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70117</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>3000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE PHOENIX</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>60 STATE STREET</AddressLine1Txt>
            <CityNm>BOSTON</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>02109</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TOMS RIVER SOUTH ALUMNI ASSOCIATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>707 UNION AVENUE</AddressLine1Txt>
            <CityNm>BRIELLE</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08730</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TROMBONE SHORTY FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>650 POYDRAS STREET SUITE 2245</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70130</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>WARREN EASTON HIGH SCHOOL FOUNDATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3019 CANAL STREET</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70119</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>WWOZ-SCHOOL GROOVE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1008 N PETERS STREET</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70116</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>30000</Amt>
        </GrantOrContriApprvForFutGrp>
        <TotalGrantOrContriApprvFutAmt>650500</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>11152</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>171395</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <OtherInvestmentIncomeGrp>
          <ExclusionCd>01</ExclusionCd>
          <ExclusionAmt>819</ExclusionAmt>
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        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>5641055</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <OtherRevenueDescribedGrp>
          <Desc>ROYALTIES</Desc>
          <ExclusionCd>15</ExclusionCd>
          <ExclusionAmt>832226</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>0</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>6656647</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>0</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>6656647</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>0</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>0</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>0</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>0</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>0</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>0</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>0</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>0</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>0</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>0</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFeesDetail>
        <CategoryTxt>PKF O'CONNOR DAVIES LLP</CategoryTxt>
        <Amt>7750</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>7750</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpBondsSchedule documentId="RetDoc2044400001">
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        <BondNm>12000 SHRS. AECOM</BondNm>
        <EOYBookValueAmt>12532</EOYBookValueAmt>
        <EOYFMVAmt>11686</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>13000 SHRS. AMC NETWORKS INC</BondNm>
        <EOYBookValueAmt>12836</EOYBookValueAmt>
        <EOYFMVAmt>8193</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>25000 SHRS. AMEREN ILLINOIS CO</BondNm>
        <EOYBookValueAmt>20213</EOYBookValueAmt>
        <EOYFMVAmt>19705</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>5000 SHRS. AMERICAN TOWER CORP</BondNm>
        <EOYBookValueAmt>4974</EOYBookValueAmt>
        <EOYFMVAmt>4610</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>16000 SHRS. AMERIGAS PARTNERS LP/AMERIGAS FINANCE CORP</BondNm>
        <EOYBookValueAmt>16563</EOYBookValueAmt>
        <EOYFMVAmt>15040</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>14000 SHRS. APACHE CORP</BondNm>
        <EOYBookValueAmt>14313</EOYBookValueAmt>
        <EOYFMVAmt>12413</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>25000 SHRS. AUTOMATIC DATA PROCESSING INC</BondNm>
        <EOYBookValueAmt>20828</EOYBookValueAmt>
        <EOYFMVAmt>19554</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>15000 SHRS. B&amp;G FOODS INC</BondNm>
        <EOYBookValueAmt>15126</EOYBookValueAmt>
        <EOYFMVAmt>11581</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>35000 SHRS. BALTIMORE GAS AND ELECTRIC CO</BondNm>
        <EOYBookValueAmt>34938</EOYBookValueAmt>
        <EOYFMVAmt>28449</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>35000 SHRS. BANK OF AMERICA CORP FXD TO 042031 VAR THRAFTR 2.6870%</BondNm>
        <EOYBookValueAmt>35761</EOYBookValueAmt>
        <EOYFMVAmt>28050</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>5000 SHRS. BANK OF AMERICA CORP FXD TO 072027 VAR THRAFTR 3.5930%</BondNm>
        <EOYBookValueAmt>5056</EOYBookValueAmt>
        <EOYFMVAmt>4608</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>5000 SHRS. BANK OF AMERICA CORP FXD TO 102029 VAR THRAFTR 2.8840%</BondNm>
        <EOYBookValueAmt>5123</EOYBookValueAmt>
        <EOYFMVAmt>4207</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>5000 SHRS. BANK OF NEW YORK MELLON</BondNm>
        <EOYBookValueAmt>4998</EOYBookValueAmt>
        <EOYFMVAmt>4670</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>5000 SHRS. BANK OF NEW YORK MELLON</BondNm>
        <EOYBookValueAmt>4869</EOYBookValueAmt>
        <EOYFMVAmt>4481</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>12000 SHRS. BEAZER HOMES USA INC</BondNm>
        <EOYBookValueAmt>13216</EOYBookValueAmt>
        <EOYFMVAmt>10727</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>10000 SHRS. BERKSHIRE HATHAWAY FINANCE</BondNm>
        <EOYBookValueAmt>10065</EOYBookValueAmt>
        <EOYFMVAmt>7985</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>10000 SHRS. BOEING CO/THE</BondNm>
        <EOYBookValueAmt>9782</EOYBookValueAmt>
        <EOYFMVAmt>8988</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>18000 SHRS. BOYD GAMING CORP</BondNm>
        <EOYBookValueAmt>17140</EOYBookValueAmt>
        <EOYFMVAmt>16870</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>20000 SHRS. CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP</BondNm>
        <EOYBookValueAmt>18217</EOYBookValueAmt>
        <EOYFMVAmt>16021</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>4000 SHRS. CENTRAL GARDEN &amp; PET CO</BondNm>
        <EOYBookValueAmt>3900</EOYBookValueAmt>
        <EOYFMVAmt>3732</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>9000 SHRS. CENTRAL GARDEN &amp; PET CO</BondNm>
        <EOYBookValueAmt>9132</EOYBookValueAmt>
        <EOYFMVAmt>7445</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>5000 SHRS. CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COMMUNICATION</BondNm>
        <EOYBookValueAmt>4567</EOYBookValueAmt>
        <EOYFMVAmt>4512</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>5000 SHRS. CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COMMUNICATION</BondNm>
        <EOYBookValueAmt>4798</EOYBookValueAmt>
        <EOYFMVAmt>4595</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>18000 SHRS. CHENIERE ENERGY PARTNERS LP</BondNm>
        <EOYBookValueAmt>17744</EOYBookValueAmt>
        <EOYFMVAmt>16274</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>25000 SHRS. CHEVRON CORP</BondNm>
        <EOYBookValueAmt>26157</EOYBookValueAmt>
        <EOYFMVAmt>21437</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>30000 SHRS. CHUBB INA HOLDINGS INC</BondNm>
        <EOYBookValueAmt>28610</EOYBookValueAmt>
        <EOYFMVAmt>23342</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>15000 SHRS. CITIGROUP INC FXD TO 032030 VAR THRAFTR 4.4120%</BondNm>
        <EOYBookValueAmt>15000</EOYBookValueAmt>
        <EOYFMVAmt>13787</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>10000 SHRS. CITIGROUP INC FXD TO 052031 VAR THRAFTR 2.5610%</BondNm>
        <EOYBookValueAmt>10000</EOYBookValueAmt>
        <EOYFMVAmt>7896</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>30000 SHRS. COCA-COLA CO/THE</BondNm>
        <EOYBookValueAmt>30615</EOYBookValueAmt>
        <EOYFMVAmt>25105</EOYFMVAmt>
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      <InvestmentsCorporateBondsGrp>
        <BondNm>10000 SHRS. COCA-COLA CO/THE</BondNm>
        <EOYBookValueAmt>9996</EOYBookValueAmt>
        <EOYFMVAmt>8573</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>10000 SHRS. COMCAST CORP</BondNm>
        <EOYBookValueAmt>9965</EOYBookValueAmt>
        <EOYFMVAmt>9406</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>5000 SHRS. COMMONWEALTH EDISON CO</BondNm>
        <EOYBookValueAmt>5063</EOYBookValueAmt>
        <EOYFMVAmt>4715</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>23000 SHRS. CORECIVIC INC</BondNm>
        <EOYBookValueAmt>20562</EOYBookValueAmt>
        <EOYFMVAmt>19930</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>10000 SHRS. CROWN CASTLE INC</BondNm>
        <EOYBookValueAmt>9962</EOYBookValueAmt>
        <EOYFMVAmt>9298</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>10000 SHRS. CROWN CASTLE INC</BondNm>
        <EOYBookValueAmt>10103</EOYBookValueAmt>
        <EOYFMVAmt>8016</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>17000 SHRS. CSC HOLDINGS LLC</BondNm>
        <EOYBookValueAmt>16235</EOYBookValueAmt>
        <EOYFMVAmt>15862</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>13000 SHRS. DELTA AIR LINES INC</BondNm>
        <EOYBookValueAmt>12968</EOYBookValueAmt>
        <EOYFMVAmt>10942</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>10000 SHRS. DISCOVERY COMMUNICATIONS LLC</BondNm>
        <EOYBookValueAmt>9827</EOYBookValueAmt>
        <EOYFMVAmt>8892</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>40000 SHRS. DISCOVERY COMMUNICATIONS LLC</BondNm>
        <EOYBookValueAmt>33746</EOYBookValueAmt>
        <EOYFMVAmt>34768</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>12000 SHRS. DISH DBS CORP</BondNm>
        <EOYBookValueAmt>12678</EOYBookValueAmt>
        <EOYFMVAmt>8498</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>11000 SHRS. DPL INC</BondNm>
        <EOYBookValueAmt>11795</EOYBookValueAmt>
        <EOYFMVAmt>9914</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>15000 SHRS. DUKE ENERGY OHIO INC</BondNm>
        <EOYBookValueAmt>14953</EOYBookValueAmt>
        <EOYFMVAmt>13984</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>45000 SHRS. DUKE ENERGY OHIO INC</BondNm>
        <EOYBookValueAmt>37604</EOYBookValueAmt>
        <EOYFMVAmt>36863</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>11000 SHRS. ENCOMPASS HEALTH CORP</BondNm>
        <EOYBookValueAmt>11178</EOYBookValueAmt>
        <EOYFMVAmt>10009</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>10000 SHRS. ENTERGY LOUISIANA LLC</BondNm>
        <EOYBookValueAmt>9708</EOYBookValueAmt>
        <EOYFMVAmt>9236</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>35000 SHRS. ENTERGY TEXAS INC</BondNm>
        <EOYBookValueAmt>30401</EOYBookValueAmt>
        <EOYFMVAmt>27436</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>16000 SHRS. EQT CORP</BondNm>
        <EOYBookValueAmt>15528</EOYBookValueAmt>
        <EOYFMVAmt>15065</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>10000 SHRS. EQUINIX INC</BondNm>
        <EOYBookValueAmt>10417</EOYBookValueAmt>
        <EOYFMVAmt>8718</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>25000 SHRS. EXXON MOBIL CORP</BondNm>
        <EOYBookValueAmt>25099</EOYBookValueAmt>
        <EOYFMVAmt>21863</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>14000 SHRS. FORD MOTOR CO</BondNm>
        <EOYBookValueAmt>14703</EOYBookValueAmt>
        <EOYFMVAmt>13506</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>1000 SHRS. FORD MOTOR CO</BondNm>
        <EOYBookValueAmt>1000</EOYBookValueAmt>
        <EOYFMVAmt>1031</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>40000 SHRS. FORTUNE BRANDS INNOVATIONS INC</BondNm>
        <EOYBookValueAmt>39896</EOYBookValueAmt>
        <EOYFMVAmt>34821</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>10000 SHRS. GENERAL DYNAMICS CORP</BondNm>
        <EOYBookValueAmt>10110</EOYBookValueAmt>
        <EOYFMVAmt>9553</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>50000 SHRS. GENERAL DYNAMICS CORP</BondNm>
        <EOYBookValueAmt>47514</EOYBookValueAmt>
        <EOYFMVAmt>46670</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>19000 SHRS. GEO GROUP INC/THE</BondNm>
        <EOYBookValueAmt>19285</EOYBookValueAmt>
        <EOYFMVAmt>19348</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>13000 SHRS. GOODYEAR TIRE &amp; RUBBER CO/THE</BondNm>
        <EOYBookValueAmt>13614</EOYBookValueAmt>
        <EOYFMVAmt>10768</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>6000 SHRS. HESS CORP</BondNm>
        <EOYBookValueAmt>7238</EOYBookValueAmt>
        <EOYFMVAmt>6505</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>4000 SHRS. HESS CORP</BondNm>
        <EOYBookValueAmt>5271</EOYBookValueAmt>
        <EOYFMVAmt>4363</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>10000 SHRS. HOWMET AEROSPACE INC</BondNm>
        <EOYBookValueAmt>11932</EOYBookValueAmt>
        <EOYFMVAmt>9681</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>60000 SHRS. HUNTINGTON INGALLS INDUSTRIES INC</BondNm>
        <EOYBookValueAmt>55816</EOYBookValueAmt>
        <EOYFMVAmt>54549</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>20000 SHRS. INTEL CORP</BondNm>
        <EOYBookValueAmt>19993</EOYBookValueAmt>
        <EOYFMVAmt>15887</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>19000 SHRS. JETBLUE AIRWAYS CORPORATION</BondNm>
        <EOYBookValueAmt>15609</EOYBookValueAmt>
        <EOYFMVAmt>14555</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>10000 SHRS. JPMORGAN CHASE &amp; CO FXD TO 012028 VAR THRAFTR 3.5090%</BondNm>
        <EOYBookValueAmt>10000</EOYBookValueAmt>
        <EOYFMVAmt>9091</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>25000 SHRS. JPMORGAN CHASE &amp; CO FXD TO 022031 VAR THRAFTR 1.9530%</BondNm>
        <EOYBookValueAmt>24150</EOYBookValueAmt>
        <EOYFMVAmt>19190</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>10000 SHRS. JPMORGAN CHASE &amp; CO FXD TO 042030 VAR THRAFTR 2.5220%</BondNm>
        <EOYBookValueAmt>10564</EOYBookValueAmt>
        <EOYFMVAmt>8186</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>15000 SHRS. KB HOME</BondNm>
        <EOYBookValueAmt>13758</EOYBookValueAmt>
        <EOYFMVAmt>12106</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>4000 SHRS. KB HOME</BondNm>
        <EOYBookValueAmt>3841</EOYBookValueAmt>
        <EOYFMVAmt>3914</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>15000 SHRS. KIMBERLY CLARK CORPORATION</BondNm>
        <EOYBookValueAmt>14988</EOYBookValueAmt>
        <EOYFMVAmt>13492</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>6000 SHRS. LAMAR MEDIA CORP</BondNm>
        <EOYBookValueAmt>6240</EOYBookValueAmt>
        <EOYFMVAmt>5580</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>3000 SHRS. LEAR CORP</BondNm>
        <EOYBookValueAmt>3006</EOYBookValueAmt>
        <EOYFMVAmt>2795</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>5000 SHRS. MARTIN MARIETTA MATERIALS INC</BondNm>
        <EOYBookValueAmt>4988</EOYBookValueAmt>
        <EOYFMVAmt>4643</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>40000 SHRS. MARTIN MARIETTA MATERIALS INC</BondNm>
        <EOYBookValueAmt>39975</EOYBookValueAmt>
        <EOYFMVAmt>32035</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>5000 SHRS. MASCO CORP</BondNm>
        <EOYBookValueAmt>4937</EOYBookValueAmt>
        <EOYFMVAmt>4638</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>10000 SHRS. MASCO CORP</BondNm>
        <EOYBookValueAmt>9927</EOYBookValueAmt>
        <EOYFMVAmt>7739</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>12000 SHRS. MGM RESORTS INTERNATIONAL</BondNm>
        <EOYBookValueAmt>12591</EOYBookValueAmt>
        <EOYFMVAmt>10565</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>14000 SHRS. NRG ENERGY INC</BondNm>
        <EOYBookValueAmt>14561</EOYBookValueAmt>
        <EOYFMVAmt>13169</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>10000 SHRS. NSTAR ELECTRIC CO</BondNm>
        <EOYBookValueAmt>10004</EOYBookValueAmt>
        <EOYFMVAmt>9406</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>30000 SHRS. NSTAR ELECTRIC CO</BondNm>
        <EOYBookValueAmt>30881</EOYBookValueAmt>
        <EOYFMVAmt>28201</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>14000 SHRS. OLIN CORP</BondNm>
        <EOYBookValueAmt>14200</EOYBookValueAmt>
        <EOYFMVAmt>13285</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>5000 SHRS. ORACLE CORP</BondNm>
        <EOYBookValueAmt>4995</EOYBookValueAmt>
        <EOYFMVAmt>4271</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>10000 SHRS. ORACLE CORP</BondNm>
        <EOYBookValueAmt>10056</EOYBookValueAmt>
        <EOYFMVAmt>9192</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>16000 SHRS. PENSKE AUTOMOTIVE GROUP INC</BondNm>
        <EOYBookValueAmt>15571</EOYBookValueAmt>
        <EOYFMVAmt>13095</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>10000 SHRS. PEPSICO INC</BondNm>
        <EOYBookValueAmt>9756</EOYBookValueAmt>
        <EOYFMVAmt>9397</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>40000 SHRS. PEPSICO INC</BondNm>
        <EOYBookValueAmt>36651</EOYBookValueAmt>
        <EOYFMVAmt>37842</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>5000 SHRS. PFIZER INC</BondNm>
        <EOYBookValueAmt>5250</EOYBookValueAmt>
        <EOYFMVAmt>4715</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>30000 SHRS. PFIZER INC</BondNm>
        <EOYBookValueAmt>26778</EOYBookValueAmt>
        <EOYFMVAmt>26360</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>45000 SHRS. PIONEER NATURAL RESOURCES CO</BondNm>
        <EOYBookValueAmt>42761</EOYBookValueAmt>
        <EOYFMVAmt>35283</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>10000 SHRS. PNC BANK NA</BondNm>
        <EOYBookValueAmt>9959</EOYBookValueAmt>
        <EOYFMVAmt>9342</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>5000 SHRS. PNC FINANCIAL SERVICES GROUP INC</BondNm>
        <EOYBookValueAmt>4986</EOYBookValueAmt>
        <EOYFMVAmt>4246</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>35000 SHRS. PNC FINL SERVICES GRP INC FXD TO 012033 VAR THRAFTR 6.037%</BondNm>
        <EOYBookValueAmt>35000</EOYBookValueAmt>
        <EOYFMVAmt>36580</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>35000 SHRS. PROGRESSIVE CORP</BondNm>
        <EOYBookValueAmt>32564</EOYBookValueAmt>
        <EOYFMVAmt>30502</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>10000 SHRS. PUBLIC STORAGE</BondNm>
        <EOYBookValueAmt>9480</EOYBookValueAmt>
        <EOYFMVAmt>9344</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>35000 SHRS. PUBLIC STORAGE</BondNm>
        <EOYBookValueAmt>35464</EOYBookValueAmt>
        <EOYFMVAmt>28645</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>20000 SHRS. PUBLIC STORAGE</BondNm>
        <EOYBookValueAmt>16122</EOYBookValueAmt>
        <EOYFMVAmt>16171</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>12000 SHRS. QVC INC</BondNm>
        <EOYBookValueAmt>12129</EOYBookValueAmt>
        <EOYFMVAmt>7170</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>5000 SHRS. QVC INC</BondNm>
        <EOYBookValueAmt>5032</EOYBookValueAmt>
        <EOYFMVAmt>4115</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>14000 SHRS. ROYAL CARIBBEAN CRUISES LTD</BondNm>
        <EOYBookValueAmt>13331</EOYBookValueAmt>
        <EOYFMVAmt>10214</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>45000 SHRS. SALESFORCE.COM INC</BondNm>
        <EOYBookValueAmt>45032</EOYBookValueAmt>
        <EOYFMVAmt>36054</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>13000 SHRS. SBA COMMUNICATIONS CORP</BondNm>
        <EOYBookValueAmt>10510</EOYBookValueAmt>
        <EOYFMVAmt>10821</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>40000 SHRS. SCHLUMBERGER INVESTMENT</BondNm>
        <EOYBookValueAmt>41614</EOYBookValueAmt>
        <EOYFMVAmt>34352</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>11000 SHRS. SEAGATE HDD CAYMAN</BondNm>
        <EOYBookValueAmt>12724</EOYBookValueAmt>
        <EOYFMVAmt>9489</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>13000 SHRS. SERVICE CORP INTERNATIONAL/US</BondNm>
        <EOYBookValueAmt>13139</EOYBookValueAmt>
        <EOYFMVAmt>11077</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>10000 SHRS. SIMON PROPERTY GROUP LP</BondNm>
        <EOYBookValueAmt>9805</EOYBookValueAmt>
        <EOYFMVAmt>9272</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>5000 SHRS. SPIRIT AIRLINES PASS THROUGH TRUST 2015-1A</BondNm>
        <EOYBookValueAmt>3050</EOYBookValueAmt>
        <EOYFMVAmt>2725</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>15000 SHRS. STATE STREET CORP</BondNm>
        <EOYBookValueAmt>14820</EOYBookValueAmt>
        <EOYFMVAmt>12021</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>5000 SHRS. STEEL DYNAMICS INC</BondNm>
        <EOYBookValueAmt>5201</EOYBookValueAmt>
        <EOYFMVAmt>4406</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>12000 SHRS. SUNOCO LP / SUNOCO FINANCE</BondNm>
        <EOYBookValueAmt>12288</EOYBookValueAmt>
        <EOYFMVAmt>11420</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>15000 SHRS. TELEFLEX INC</BondNm>
        <EOYBookValueAmt>14899</EOYBookValueAmt>
        <EOYFMVAmt>14316</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>14000 SHRS. TENET HEALTHCARE CORP</BondNm>
        <EOYBookValueAmt>14590</EOYBookValueAmt>
        <EOYFMVAmt>12716</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>20000 SHRS. T-MOBILE USA INC</BondNm>
        <EOYBookValueAmt>19740</EOYBookValueAmt>
        <EOYFMVAmt>16369</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>10000 SHRS. TOLL BROTHERS FINANCE CORP</BondNm>
        <EOYBookValueAmt>10000</EOYBookValueAmt>
        <EOYFMVAmt>9118</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>2000 SHRS. TRANSDIGM INC</BondNm>
        <EOYBookValueAmt>1948</EOYBookValueAmt>
        <EOYFMVAmt>1993</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>16000 SHRS. TRANSDIGM INC</BondNm>
        <EOYBookValueAmt>15739</EOYBookValueAmt>
        <EOYFMVAmt>13967</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>50000 SHRS. UNION PACIFIC CORP</BondNm>
        <EOYBookValueAmt>43412</EOYBookValueAmt>
        <EOYFMVAmt>43127</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>10000 SHRS. UNITED AIRLINES 2014-2 CLASS APASS THROUGH TRUST</BondNm>
        <EOYBookValueAmt>6159</EOYBookValueAmt>
        <EOYFMVAmt>5578</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>5000 SHRS. UNITED RENTALS NORTH AMERICA INC</BondNm>
        <EOYBookValueAmt>5121</EOYBookValueAmt>
        <EOYFMVAmt>4228</EOYFMVAmt>
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      <InvestmentsCorporateBondsGrp>
        <BondNm>7000 SHRS. UNITED RENTALS NORTH AMERICA INC</BondNm>
        <EOYBookValueAmt>7194</EOYBookValueAmt>
        <EOYFMVAmt>6028</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>30000 SHRS. US AIRWAYS 2013-1 CLASS A PASSTHROUGH TRUST</BondNm>
        <EOYBookValueAmt>12573</EOYBookValueAmt>
        <EOYFMVAmt>12102</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>10000 SHRS. US BANCORP</BondNm>
        <EOYBookValueAmt>9862</EOYBookValueAmt>
        <EOYFMVAmt>9467</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>10000 SHRS. US BANCORP</BondNm>
        <EOYBookValueAmt>10816</EOYBookValueAmt>
        <EOYFMVAmt>8816</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>10000 SHRS. VIRGINIA ELECTRIC AND POWER CO</BondNm>
        <EOYBookValueAmt>9843</EOYBookValueAmt>
        <EOYFMVAmt>8097</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>15000 SHRS. VISA INC</BondNm>
        <EOYBookValueAmt>15032</EOYBookValueAmt>
        <EOYFMVAmt>12726</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>10000 SHRS. VULCAN MATERIALS CO</BondNm>
        <EOYBookValueAmt>11005</EOYBookValueAmt>
        <EOYFMVAmt>8844</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>10000 SHRS. WALMART INC</BondNm>
        <EOYBookValueAmt>10065</EOYBookValueAmt>
        <EOYFMVAmt>9686</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>15000 SHRS. WRKCO INC</BondNm>
        <EOYBookValueAmt>15565</EOYBookValueAmt>
        <EOYFMVAmt>13842</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>10000 SHRS. WYETH LLC</BondNm>
        <EOYBookValueAmt>10774</EOYBookValueAmt>
        <EOYFMVAmt>11335</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>17000 SHRS. YUM! BRANDS INC</BondNm>
        <EOYBookValueAmt>15945</EOYBookValueAmt>
        <EOYFMVAmt>15803</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>150000 SHRS. CHEVRON 05/16/2026 2.954% CALL 02/16/2026 100.00</BondNm>
        <EOYBookValueAmt>143496</EOYBookValueAmt>
        <EOYFMVAmt>142344</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>150000 SHRS. PEPSICO 02/18/2028 3.600% CALL 01/18/2028 100.00</BondNm>
        <EOYBookValueAmt>146000</EOYBookValueAmt>
        <EOYFMVAmt>143626</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>150000 SHRS. PFIZER 04/01/2030 2.625% CALL 01/01/2030 100.00</BondNm>
        <EOYBookValueAmt>134948</EOYBookValueAmt>
        <EOYFMVAmt>131769</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
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        <StockNm>728 SHRS. 3I GROUP PLC UNSPONS ADR</StockNm>
        <EOYBookValueAmt>5732</EOYBookValueAmt>
        <EOYFMVAmt>5871</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>85 SHRS. ABBVIE INC COM</StockNm>
        <EOYBookValueAmt>6542</EOYBookValueAmt>
        <EOYFMVAmt>13737</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>16 SHRS. ACCENTURE PLC IRELAND CL A</StockNm>
        <EOYBookValueAmt>5165</EOYBookValueAmt>
        <EOYFMVAmt>4269</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>52 SHRS. ACUSHNET HOLDINGS CORP</StockNm>
        <EOYBookValueAmt>1432</EOYBookValueAmt>
        <EOYFMVAmt>2208</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>23 SHRS. ADIDAS AG</StockNm>
        <EOYBookValueAmt>1625</EOYBookValueAmt>
        <EOYFMVAmt>1564</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>29 SHRS. ADOBE INC</StockNm>
        <EOYBookValueAmt>5833</EOYBookValueAmt>
        <EOYFMVAmt>9759</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>80 SHRS. ADVANCED MICRO DEVICES</StockNm>
        <EOYBookValueAmt>6089</EOYBookValueAmt>
        <EOYFMVAmt>5182</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>288 SHRS. ADYEN N V UNSPONSRED ADR</StockNm>
        <EOYBookValueAmt>2128</EOYBookValueAmt>
        <EOYFMVAmt>3960</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>34 SHRS. AGREE REALTY CORP</StockNm>
        <EOYBookValueAmt>2104</EOYBookValueAmt>
        <EOYFMVAmt>2412</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>205 SHRS. AIA GROUP LTD SPON ADR</StockNm>
        <EOYBookValueAmt>7421</EOYBookValueAmt>
        <EOYFMVAmt>9119</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>4 SHRS. AIRBNB INC CL A</StockNm>
        <EOYBookValueAmt>464</EOYBookValueAmt>
        <EOYFMVAmt>342</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>123 SHRS. AIRBUS SE UNSPONSORED ADR</StockNm>
        <EOYBookValueAmt>1648</EOYBookValueAmt>
        <EOYFMVAmt>3643</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>17 SHRS. ALBANY INTL A NEW</StockNm>
        <EOYBookValueAmt>920</EOYBookValueAmt>
        <EOYFMVAmt>1676</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>140 SHRS. ALCON INC</StockNm>
        <EOYBookValueAmt>7827</EOYBookValueAmt>
        <EOYFMVAmt>9597</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>25 SHRS. ALLIANT ENERGY CORP</StockNm>
        <EOYBookValueAmt>1328</EOYBookValueAmt>
        <EOYFMVAmt>1380</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>4 SHRS. ALNYLAM PHARMACEUTICALS INC</StockNm>
        <EOYBookValueAmt>803</EOYBookValueAmt>
        <EOYFMVAmt>951</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>222 SHRS. ALPHABET INC CL C</StockNm>
        <EOYBookValueAmt>17037</EOYBookValueAmt>
        <EOYFMVAmt>19698</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>93 SHRS. AMADEUS IT GROUP S.A ADR</StockNm>
        <EOYBookValueAmt>4574</EOYBookValueAmt>
        <EOYFMVAmt>4819</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>164 SHRS. AMAZON COM INC</StockNm>
        <EOYBookValueAmt>15261</EOYBookValueAmt>
        <EOYFMVAmt>13776</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>285 SHRS. AMCOR PLC</StockNm>
        <EOYBookValueAmt>3432</EOYBookValueAmt>
        <EOYFMVAmt>3394</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>28 SHRS. AMDOCS LIMITED ORD</StockNm>
        <EOYBookValueAmt>1543</EOYBookValueAmt>
        <EOYFMVAmt>2545</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>287 SHRS. AMERICA MOVIL SA DE CV ADR L</StockNm>
        <EOYBookValueAmt>3959</EOYBookValueAmt>
        <EOYFMVAmt>5223</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>32 SHRS. AMERICAN ELEC PWR CO INC</StockNm>
        <EOYBookValueAmt>2677</EOYBookValueAmt>
        <EOYFMVAmt>3038</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>19 SHRS. AMERIPRISE FINCL INC</StockNm>
        <EOYBookValueAmt>1860</EOYBookValueAmt>
        <EOYFMVAmt>5916</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>47 SHRS. AMGEN INC</StockNm>
        <EOYBookValueAmt>9063</EOYBookValueAmt>
        <EOYFMVAmt>12344</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>129 SHRS. AMPHENOL CORP NEW CL A</StockNm>
        <EOYBookValueAmt>8325</EOYBookValueAmt>
        <EOYFMVAmt>9822</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>112 SHRS. ANGLO AMERN PLC SPONSORED ADR</StockNm>
        <EOYBookValueAmt>1037</EOYBookValueAmt>
        <EOYFMVAmt>2180</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>176 SHRS. ANHUI CONCH CEMENT ADR</StockNm>
        <EOYBookValueAmt>4631</EOYBookValueAmt>
        <EOYFMVAmt>3078</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>22 SHRS. ANSYS INC</StockNm>
        <EOYBookValueAmt>3399</EOYBookValueAmt>
        <EOYFMVAmt>5315</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>211 SHRS. APPLE INC</StockNm>
        <EOYBookValueAmt>18701</EOYBookValueAmt>
        <EOYFMVAmt>27415</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1736 SHRS. ASE TECHNOLOGY HLDG CO LTD ADR</StockNm>
        <EOYBookValueAmt>7372</EOYBookValueAmt>
        <EOYFMVAmt>10885</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>13 SHRS. ASML HOLDING NV NY REG NEW</StockNm>
        <EOYBookValueAmt>2318</EOYBookValueAmt>
        <EOYFMVAmt>7103</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>134 SHRS. ASMPT LIMITED UNSPONSORD ADR</StockNm>
        <EOYBookValueAmt>3906</EOYBookValueAmt>
        <EOYFMVAmt>2866</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>33 SHRS. ASSURED GUARANTY LTD</StockNm>
        <EOYBookValueAmt>889</EOYBookValueAmt>
        <EOYFMVAmt>2055</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>353 SHRS. AT&amp;T INC</StockNm>
        <EOYBookValueAmt>7416</EOYBookValueAmt>
        <EOYFMVAmt>6499</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>483 SHRS. ATLAS COPCO AS A ADR A NEW</StockNm>
        <EOYBookValueAmt>5898</EOYBookValueAmt>
        <EOYFMVAmt>5706</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>49 SHRS. ATMOS ENERGY CP</StockNm>
        <EOYBookValueAmt>5342</EOYBookValueAmt>
        <EOYFMVAmt>5491</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>27 SHRS. AUTODESK INC DELAWARE</StockNm>
        <EOYBookValueAmt>5003</EOYBookValueAmt>
        <EOYFMVAmt>5045</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>12 SHRS. AUTOMATIC DATA PROCESSING INC</StockNm>
        <EOYBookValueAmt>2934</EOYBookValueAmt>
        <EOYFMVAmt>2866</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>3 SHRS. AUTOZONE INC</StockNm>
        <EOYBookValueAmt>5706</EOYBookValueAmt>
        <EOYFMVAmt>7399</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>10 SHRS. AVERY DENNISON CORPORATION</StockNm>
        <EOYBookValueAmt>946</EOYBookValueAmt>
        <EOYFMVAmt>1810</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>225 SHRS. BAE SYS PLC SPON ADR</StockNm>
        <EOYBookValueAmt>5669</EOYBookValueAmt>
        <EOYFMVAmt>9267</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>635 SHRS. BANCO DO BRASIL SA SPON ADR</StockNm>
        <EOYBookValueAmt>4059</EOYBookValueAmt>
        <EOYFMVAmt>4177</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>68 SHRS. BANK OZK</StockNm>
        <EOYBookValueAmt>1715</EOYBookValueAmt>
        <EOYFMVAmt>2724</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>189 SHRS. BARRICK GOLD CORP</StockNm>
        <EOYBookValueAmt>3578</EOYBookValueAmt>
        <EOYFMVAmt>3247</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>717 SHRS. BB SEGURIDADE PARTICIPACOES</StockNm>
        <EOYBookValueAmt>3440</EOYBookValueAmt>
        <EOYFMVAmt>4578</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>327 SHRS. BCE INC</StockNm>
        <EOYBookValueAmt>13441</EOYBookValueAmt>
        <EOYFMVAmt>14372</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>97 SHRS. BIDVEST GROUP LTD SPONS ADR</StockNm>
        <EOYBookValueAmt>1833</EOYBookValueAmt>
        <EOYFMVAmt>2444</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>76 SHRS. BLACKSTONE INC</StockNm>
        <EOYBookValueAmt>6515</EOYBookValueAmt>
        <EOYFMVAmt>5638</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>440 SHRS. BNP PARIBAS SP ADR REPSTG</StockNm>
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        <EOYFMVAmt>12503</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>130 SHRS. BRAMBLES LTD SPONSORED ADR</StockNm>
        <EOYBookValueAmt>2124</EOYBookValueAmt>
        <EOYFMVAmt>2128</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>431 SHRS. BRITISH AMER TOB SPON ADR</StockNm>
        <EOYBookValueAmt>14853</EOYBookValueAmt>
        <EOYFMVAmt>17231</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>196 SHRS. BRITVIC PLC SPONSORED ADR</StockNm>
        <EOYBookValueAmt>3158</EOYBookValueAmt>
        <EOYFMVAmt>3664</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>34 SHRS. BRUNSWICK CORP</StockNm>
        <EOYBookValueAmt>1948</EOYBookValueAmt>
        <EOYFMVAmt>2451</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>110 SHRS. BURBERRY GROUP PLC SPONS ADR</StockNm>
        <EOYBookValueAmt>1463</EOYBookValueAmt>
        <EOYFMVAmt>2686</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>2 SHRS. CABLE ONE INC COM</StockNm>
        <EOYBookValueAmt>2546</EOYBookValueAmt>
        <EOYFMVAmt>1424</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>12 SHRS. CAMDEN PROPERTY TRUST</StockNm>
        <EOYBookValueAmt>1459</EOYBookValueAmt>
        <EOYFMVAmt>1343</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>56 SHRS. CAPITAL ONE FINANCIAL CORP</StockNm>
        <EOYBookValueAmt>3676</EOYBookValueAmt>
        <EOYFMVAmt>5206</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>40 SHRS. CATHAY GENERAL BANCORP</StockNm>
        <EOYBookValueAmt>1080</EOYBookValueAmt>
        <EOYFMVAmt>1632</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>49 SHRS. CDN IMPL BK COMMERCE</StockNm>
        <EOYBookValueAmt>1474</EOYBookValueAmt>
        <EOYFMVAmt>1982</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>115 SHRS. CDN PACIFIC RY LTD NEW</StockNm>
        <EOYBookValueAmt>8214</EOYBookValueAmt>
        <EOYFMVAmt>8578</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>34 SHRS. CDW CORPORATION</StockNm>
        <EOYBookValueAmt>5367</EOYBookValueAmt>
        <EOYFMVAmt>6072</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>145 SHRS. CELLNEX TELECOM SA UNS ADR</StockNm>
        <EOYBookValueAmt>3536</EOYBookValueAmt>
        <EOYFMVAmt>2393</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>181 SHRS. CHARLES SCHWAB NEW</StockNm>
        <EOYBookValueAmt>11007</EOYBookValueAmt>
        <EOYFMVAmt>15070</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>10 SHRS. CHENIERE ENERGY INC</StockNm>
        <EOYBookValueAmt>1715</EOYBookValueAmt>
        <EOYFMVAmt>1500</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>533 SHRS. CHINA CONSTRUCTION BANK CORP</StockNm>
        <EOYBookValueAmt>8063</EOYBookValueAmt>
        <EOYFMVAmt>6679</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>145 SHRS. CHINA MERCHANTS BK CO LTD UNSP</StockNm>
        <EOYBookValueAmt>3329</EOYBookValueAmt>
        <EOYFMVAmt>4055</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>151 SHRS. CHINA SHENHUA ENERGY LTD ADR</StockNm>
        <EOYBookValueAmt>1301</EOYBookValueAmt>
        <EOYFMVAmt>1745</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1 SHRS. CHIPOTLE MEXICAN GRILL INC COM</StockNm>
        <EOYBookValueAmt>1286</EOYBookValueAmt>
        <EOYFMVAmt>1387</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>46 SHRS. CINCINNATI FINANCIAL OHIO</StockNm>
        <EOYBookValueAmt>3278</EOYBookValueAmt>
        <EOYFMVAmt>4710</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>79 SHRS. CISCO SYS INC</StockNm>
        <EOYBookValueAmt>3433</EOYBookValueAmt>
        <EOYFMVAmt>3764</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>33 SHRS. CLOROX CO</StockNm>
        <EOYBookValueAmt>4792</EOYBookValueAmt>
        <EOYFMVAmt>4631</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>183 SHRS. COCA COLA CO</StockNm>
        <EOYBookValueAmt>8170</EOYBookValueAmt>
        <EOYFMVAmt>11641</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>113 SHRS. COCA-COLA FEMSA, S.A.B. DE C.V</StockNm>
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        <EOYFMVAmt>3196</EOYFMVAmt>
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