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        <State>NY</State>
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        <BusinessNameLine1>The Brunckhorst Foundation</BusinessNameLine1>
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        <City>Brooklyn</City>
        <State>NY</State>
        <ZIPCode>11206</ZIPCode>
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      <Name>Barbara Brunckhorst</Name>
      <Title>Trustee</Title>
      <DateSigned>2011-04-18</DateSigned>
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      <Name>Richard Kandel</Name>
      <Phone>5164969195</Phone>
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        <EOYBookValue>209731</EOYBookValue>
        <EOYFMV>204448</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Countrywide Fin'l-6.25%,5/15/16</NameOfBond>
        <EOYBookValue>109043</EOYBookValue>
        <EOYFMV>102549</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Compass Bank-6.4%,10/1/17</NameOfBond>
        <EOYBookValue>161617</EOYBookValue>
        <EOYFMV>150909</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Comerica Bank-5.75%,11/21/16</NameOfBond>
        <EOYBookValue>311732</EOYBookValue>
        <EOYFMV>323613</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Comcast Corp-5.85%,11/15/15</NameOfBond>
        <EOYBookValue>221049</EOYBookValue>
        <EOYFMV>224816</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Citigroup Inc-6.01%,1/15/15</NameOfBond>
        <EOYBookValue>183101</EOYBookValue>
        <EOYFMV>191980</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Citigroup Inc-4.875%,5/7/15</NameOfBond>
        <EOYBookValue>475344</EOYBookValue>
        <EOYFMV>490272</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Capital One Fin'l-5.5%,6/1/15</NameOfBond>
        <EOYBookValue>106713</EOYBookValue>
        <EOYFMV>107154</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Berkley WR Corp-5.6%,5/15/15</NameOfBond>
        <EOYBookValue>104892</EOYBookValue>
        <EOYFMV>105394</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>BB &amp;T Corp-5.2%,12/23/15</NameOfBond>
        <EOYBookValue>147310</EOYBookValue>
        <EOYFMV>150546</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Barclays Bank-5%,9/22/16</NameOfBond>
        <EOYBookValue>405257</EOYBookValue>
        <EOYFMV>423280</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Bankers Trust NY-7.5%,11/15/15</NameOfBond>
        <EOYBookValue>111366</EOYBookValue>
        <EOYFMV>111684</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Bank of America-6.1%,6/15/17</NameOfBond>
        <EOYBookValue>106261</EOYBookValue>
        <EOYFMV>104473</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Bank of America-5.625%,10/14/16</NameOfBond>
        <EOYBookValue>105047</EOYBookValue>
        <EOYFMV>103680</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Bank of America-5.45%,3/15/17</NameOfBond>
        <EOYBookValue>156022</EOYBookValue>
        <EOYFMV>148643</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Bank of America-5.35%,9/15/15</NameOfBond>
        <EOYBookValue>62271</EOYBookValue>
        <EOYFMV>61612</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Bank of America-5.75%,8/15/16</NameOfBond>
        <EOYBookValue>214412</EOYBookValue>
        <EOYFMV>204288</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Bank of America-5.3%,3/15/17</NameOfBond>
        <EOYBookValue>308440</EOYBookValue>
        <EOYFMV>304029</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>American Int'l Group-5.6%,10/16/16</NameOfBond>
        <EOYBookValue>151125</EOYBookValue>
        <EOYFMV>154530</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>American Int'l Group-5.45%,5/18/17</NameOfBond>
        <EOYBookValue>101090</EOYBookValue>
        <EOYFMV>101264</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Western Union Co-6.5%, 2/26/14</NameOfBond>
        <EOYBookValue>168310</EOYBookValue>
        <EOYFMV>178656</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Wells Fargo Co-4.95%, 10/16/13</NameOfBond>
        <EOYBookValue>295301</EOYBookValue>
        <EOYFMV>321300</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Well Point Inc-6%, 2/15/14</NameOfBond>
        <EOYBookValue>728265</EOYBookValue>
        <EOYFMV>778008</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Walt Disney Co-4.5%, 12/15/13</NameOfBond>
        <EOYBookValue>174362</EOYBookValue>
        <EOYFMV>185662</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Wachovia Bank-5.25%, 8/1/14</NameOfBond>
        <EOYBookValue>201773</EOYBookValue>
        <EOYFMV>213298</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Wachovia Bank-4.8%, 11/1/14</NameOfBond>
        <EOYBookValue>483695</EOYBookValue>
        <EOYFMV>531610</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>US Bank NA Notes-4.95%, 10/30/14</NameOfBond>
        <EOYBookValue>355799</EOYBookValue>
        <EOYFMV>381437</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>United Healthcare Group-5%, 8/15/14</NameOfBond>
        <EOYBookValue>254196</EOYBookValue>
        <EOYFMV>271627</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Unilever Capital-3.65%, 2/15/14</NameOfBond>
        <EOYBookValue>101248</EOYBookValue>
        <EOYFMV>105165</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Tyco Int'l Group-6%, 11/15/13</NameOfBond>
        <EOYBookValue>207327</EOYBookValue>
        <EOYFMV>222030</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Staples Inc-9.75%, 1/15/14</NameOfBond>
        <EOYBookValue>69165</EOYBookValue>
        <EOYFMV>72711</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>SBC Communications-5.1%, 9/15/14</NameOfBond>
        <EOYBookValue>102563</EOYBookValue>
        <EOYFMV>109410</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Prudential Fin'l-5.1%, 9/20/14</NameOfBond>
        <EOYBookValue>254699</EOYBookValue>
        <EOYFMV>268543</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Procter &amp; Gamble-4.6%, 1/15/14</NameOfBond>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Potash Corp-5.25%, 5/15/14</NameOfBond>
        <EOYBookValue>149210</EOYBookValue>
        <EOYFMV>158553</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>PNC Funding Corp-5.25%, 11/15/15</NameOfBond>
        <EOYBookValue>416639</EOYBookValue>
        <EOYFMV>428076</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Philip Morris-6.875%, 3/17/14</NameOfBond>
        <EOYBookValue>107180</EOYBookValue>
        <EOYFMV>115231</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Paccar Inc-6.875%, 2/15/14</NameOfBond>
        <EOYBookValue>205572</EOYBookValue>
        <EOYFMV>229412</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>NYSE Euronext-4.8%, 6/28/13</NameOfBond>
        <EOYBookValue>70307</EOYBookValue>
        <EOYFMV>75134</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>National City Bank-4%, 2/1/11</NameOfBond>
        <EOYBookValue>188505</EOYBookValue>
        <EOYFMV>200250</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Morgan Stanley-6%, 5/13/14</NameOfBond>
        <EOYBookValue>101446</EOYBookValue>
        <EOYFMV>108048</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Morgan Stanley-4.75%, 4/1/14</NameOfBond>
        <EOYBookValue>398205</EOYBookValue>
        <EOYFMV>409612</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>MetLife-5.5%, 6/15/14</NameOfBond>
        <EOYBookValue>507880</EOYBookValue>
        <EOYFMV>545180</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Merrill Lynch Co-5.3%, 9/30/15</NameOfBond>
        <EOYBookValue>268941</EOYBookValue>
        <EOYFMV>268250</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Mellon Funding-5%, 12/1/14</NameOfBond>
        <EOYBookValue>409499</EOYBookValue>
        <EOYFMV>432384</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Medtronics Inc-1.625%, 4/15/13</NameOfBond>
        <EOYBookValue>183121</EOYBookValue>
        <EOYFMV>201250</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Marathon Oil-6.5%, 2/15/14</NameOfBond>
        <EOYBookValue>206783</EOYBookValue>
        <EOYFMV>225144</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>JP Morgan Chase-5.375%, 1/15/14</NameOfBond>
        <EOYBookValue>200665</EOYBookValue>
        <EOYFMV>217590</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>JP Morgan Chase-5.125%, 9/15/14</NameOfBond>
        <EOYBookValue>205058</EOYBookValue>
        <EOYFMV>212814</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>JP Morgan Chase-4.65%, 6/1/14</NameOfBond>
        <EOYBookValue>776337</EOYBookValue>
        <EOYFMV>827227</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>John Deere Cap Corp-4.9%, 9/9/13</NameOfBond>
        <EOYBookValue>101563</EOYBookValue>
        <EOYFMV>109035</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>International Paper-5.3%, 4/1/15</NameOfBond>
        <EOYBookValue>203614</EOYBookValue>
        <EOYFMV>215436</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>HSBC Finance Corp-6.676%, 1/15/21</NameOfBond>
        <EOYBookValue>935828</EOYBookValue>
        <EOYFMV>1008259</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Hewlett Packard-6.125%, 5/1/14</NameOfBond>
        <EOYBookValue>105624</EOYBookValue>
        <EOYFMV>113242</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Goldman Sachs Group-6%, 5/1/14</NameOfBond>
        <EOYBookValue>203765</EOYBookValue>
        <EOYFMV>220328</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Goldman Sachs Group-5.25%, 10/15/13</NameOfBond>
        <EOYBookValue>202570</EOYBookValue>
        <EOYFMV>216444</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Goldman Sachs Group-5%, 10/1/14</NameOfBond>
        <EOYBookValue>347727</EOYBookValue>
        <EOYFMV>374983</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Glaxo Smithkline Cap-4.375%, 4/15/14</NameOfBond>
        <EOYBookValue>101874</EOYBookValue>
        <EOYFMV>107821</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>GE Capital Corp-11/1/12</NameOfBond>
        <EOYBookValue>81505</EOYBookValue>
        <EOYFMV>99470</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>GE Capital Corp-5.9%, 5/13/14</NameOfBond>
        <EOYBookValue>516984</EOYBookValue>
        <EOYFMV>553380</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>GE Capital Corp-5.65%, 6/9/14</NameOfBond>
        <EOYBookValue>305750</EOYBookValue>
        <EOYFMV>329220</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Duke Energy Carolinas-5.75%, 11/15/13</NameOfBond>
        <EOYBookValue>68463</EOYBookValue>
        <EOYFMV>72814</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Du Pont EI De Nemou-5.875%, 1/15/14</NameOfBond>
        <EOYBookValue>14864</EOYBookValue>
        <EOYFMV>15606</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Deutsche Telecom-4.875%, 7/8/14</NameOfBond>
        <EOYBookValue>201470</EOYBookValue>
        <EOYFMV>214946</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Dell Inc-5.625%, 4/15/14</NameOfBond>
        <EOYBookValue>208454</EOYBookValue>
        <EOYFMV>220856</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Daimler Chrysler-6.5%, 11/15/13</NameOfBond>
        <EOYBookValue>154061</EOYBookValue>
        <EOYFMV>169810</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Credit Suisse New York-5.5%, 5/1/14</NameOfBond>
        <EOYBookValue>742614</EOYBookValue>
        <EOYFMV>791736</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Credit Suisse FB USA-5.5%, 8/15/13</NameOfBond>
        <EOYBookValue>101988</EOYBookValue>
        <EOYFMV>109455</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Credit Suisse FB USA-5.125%, 1/15/14</NameOfBond>
        <EOYBookValue>200999</EOYBookValue>
        <EOYFMV>217640</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Conoco Phillips-4.75%, 2/12/14</NameOfBond>
        <EOYBookValue>204576</EOYBookValue>
        <EOYFMV>217252</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Coca Cola HBC Fin-5.125%, 9/17/13</NameOfBond>
        <EOYBookValue>101878</EOYBookValue>
        <EOYFMV>107689</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>CME Group Inc-5.75%. 2/15/14</NameOfBond>
        <EOYBookValue>513548</EOYBookValue>
        <EOYFMV>553625</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Charles Schwab-4.95%, 6/1/14</NameOfBond>
        <EOYBookValue>200964</EOYBookValue>
        <EOYFMV>217486</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Caterpillar Fin Ser Corp-6.2%, 9/30/13</NameOfBond>
        <EOYBookValue>104173</EOYBookValue>
        <EOYFMV>112268</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Caterpillar Fin Ser Corp-6.125%, 2/17/14</NameOfBond>
        <EOYBookValue>917688</EOYBookValue>
        <EOYFMV>1011816</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Carolina Power &amp; Light-5.125%, 9/15/13</NameOfBond>
        <EOYBookValue>104241</EOYBookValue>
        <EOYFMV>109689</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>BP Capital Markets-5.25%, 11/7/13</NameOfBond>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Berkshire Hathaway Inc-4.625%, 10/15/13</NameOfBond>
        <EOYBookValue>203992</EOYBookValue>
        <EOYFMV>217186</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Bellsouth Corp-5.2%, 9/15/14</NameOfBond>
        <EOYBookValue>102502</EOYBookValue>
        <EOYFMV>109169</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Bear Stearns Co-5.7%, 11/15/14</NameOfBond>
        <EOYBookValue>406185</EOYBookValue>
        <EOYFMV>439500</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>BB&amp;T Corp-5.7%, 4/30/14</NameOfBond>
        <EOYBookValue>300832</EOYBookValue>
        <EOYFMV>330069</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Barclays Bank-5.2%, 7/10/14</NameOfBond>
        <EOYBookValue>506879</EOYBookValue>
        <EOYFMV>540040</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Bank of New York-4.95%, 11/1/12</NameOfBond>
        <EOYBookValue>203092</EOYBookValue>
        <EOYFMV>214588</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Bank of America Corp-5.125%, 11/15/14</NameOfBond>
        <EOYBookValue>411500</EOYBookValue>
        <EOYFMV>419404</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>AT&amp;T Corp-6.7%, 11/15/13</NameOfBond>
        <EOYBookValue>106275</EOYBookValue>
        <EOYFMV>113617</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>AT&amp;T Corp-4.85%, 2/15/14</NameOfBond>
        <EOYBookValue>201814</EOYBookValue>
        <EOYFMV>216282</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>American Express Co-7.25%, 5/20/14</NameOfBond>
        <EOYBookValue>416031</EOYBookValue>
        <EOYFMV>455692</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Allstate Life Global-5.375%,4/13/13</NameOfBond>
        <EOYBookValue>606745</EOYBookValue>
        <EOYFMV>653376</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Wyeth Notes-5.5%,3/15/13</NameOfBond>
        <EOYBookValue>103079</EOYBookValue>
        <EOYFMV>109338</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Wells Fargo Co-4.375%,1/13/13</NameOfBond>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>United Healthcare Group-5.25%,3/15/11</NameOfBond>
        <EOYBookValue>200522</EOYBookValue>
        <EOYFMV>201694</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Travelers Cos-5.375%,6/15/12</NameOfBond>
        <EOYBookValue>200672</EOYBookValue>
        <EOYFMV>212128</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>SBC Communications-5.875%,8/15/12</NameOfBond>
        <EOYBookValue>75897</EOYBookValue>
        <EOYFMV>80805</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>SBC Communications-5.875%,2/1/12</NameOfBond>
        <EOYBookValue>203331</EOYBookValue>
        <EOYFMV>210552</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Royal Bank of Scotland-5%,11/12/13</NameOfBond>
        <EOYBookValue>202390</EOYBookValue>
        <EOYFMV>197390</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Royal Bank of Canada-5.65%,7/20/11</NameOfBond>
        <EOYBookValue>304053</EOYBookValue>
        <EOYFMV>307572</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Morgan Stanley-5.625%,1/9/12</NameOfBond>
        <EOYBookValue>302111</EOYBookValue>
        <EOYFMV>313242</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Key Bank NA-7%,2/1/11</NameOfBond>
        <EOYBookValue>200420</EOYBookValue>
        <EOYFMV>200818</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Household Financial-6.375%,11/27/12</NameOfBond>
        <EOYBookValue>203870</EOYBookValue>
        <EOYFMV>216834</EOYFMV>
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        <NameOfBond>Hartford Life Global-5.2%,2/15/11</NameOfBond>
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        <EOYFMV>426944</EOYFMV>
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        <NameOfBond>Goldman Sachs Group-6.6%,1/15/12</NameOfBond>
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        <EOYFMV>105746</EOYFMV>
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        <NameOfBond>GE Capital Corp-5.45%,1/15/13</NameOfBond>
        <EOYBookValue>981306</EOYBookValue>
        <EOYFMV>1075400</EOYFMV>
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        <NameOfBond>Credit Suisse-5%,5/15/13</NameOfBond>
        <EOYBookValue>496445</EOYBookValue>
        <EOYFMV>537125</EOYFMV>
      </InvestmentsCorpBonds>
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        <NameOfBond>Credit Suisse FB USA-6.5%,1/15/12</NameOfBond>
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        <EOYFMV>211300</EOYFMV>
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        <NameOfBond>Credit Suisse FB USA-5.5%,8/16/11</NameOfBond>
        <EOYBookValue>150379</EOYBookValue>
        <EOYFMV>154692</EOYFMV>
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      <InvestmentsCorpBonds>
        <NameOfBond>Costco Wholesale Corp-5.3%,3/15/12</NameOfBond>
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        <EOYFMV>210408</EOYFMV>
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        <NameOfBond>Consolidated Edison-4.875%,2/1/13</NameOfBond>
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        <EOYFMV>321249</EOYFMV>
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        <NameOfBond>Citigroup-5.1%, 9/29/11</NameOfBond>
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        <NameOfBond>Citigroup Global Markets-6%,2/21/12</NameOfBond>
        <EOYBookValue>74732</EOYBookValue>
        <EOYFMV>77624</EOYFMV>
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        <NameOfBond>Bank of America-4.9%,5/1/13</NameOfBond>
        <EOYBookValue>198312</EOYBookValue>
        <EOYFMV>208522</EOYFMV>
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        <NameOfBond>Bank of America-4.875%,1/15/13</NameOfBond>
        <EOYBookValue>99030</EOYBookValue>
        <EOYFMV>104208</EOYFMV>
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        <NameOfBond>Bank of America-4.875%,9/15/12</NameOfBond>
        <EOYBookValue>249054</EOYBookValue>
        <EOYFMV>261035</EOYFMV>
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        <NameOfBond>Banc One Corp-5.25%,1/30/13</NameOfBond>
        <EOYBookValue>503218</EOYBookValue>
        <EOYFMV>534010</EOYFMV>
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        <NameOfBond>At&amp;T Corp-7.3%,11/15/11</NameOfBond>
        <EOYBookValue>205174</EOYBookValue>
        <EOYFMV>211278</EOYFMV>
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        <NameOfBond>Anheuser Busch-4.375%,1/15/13</NameOfBond>
        <EOYBookValue>195394</EOYBookValue>
        <EOYFMV>210880</EOYFMV>
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      <InvestmentsCorpBonds>
        <NameOfBond>American Int'l Group-5.375%,10/18/11</NameOfBond>
        <EOYBookValue>202392</EOYBookValue>
        <EOYFMV>205648</EOYFMV>
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        <NameOfBond>American Express-5.875%,5/2/13</NameOfBond>
        <EOYBookValue>501670</EOYBookValue>
        <EOYFMV>543770</EOYFMV>
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        <NameOfBond>American Express-5.55%.10/17/12</NameOfBond>
        <EOYBookValue>252079</EOYBookValue>
        <EOYFMV>267405</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Wal-Mart Stores-4.125%,2/15/11</NameOfBond>
        <EOYBookValue>244372</EOYBookValue>
        <EOYFMV>251060</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Target Corp Global Notes-5.875%,3/11/12</NameOfBond>
        <EOYBookValue>356768</EOYBookValue>
        <EOYFMV>368557</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Public Service Elec &amp; Gas-5.125%, 9/1/12</NameOfBond>
        <EOYBookValue>404293</EOYBookValue>
        <EOYFMV>426556</EOYFMV>
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      <InvestmentsCorpBonds>
        <NameOfBond>National Rual Utils Coop-5.7%,1/15/10</NameOfBond>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>National City Bank-4.5%,3/15/10</NameOfBond>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Merrill Lynch Co-4.79%,8/4/10</NameOfBond>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Merrill Lynch Co-4.25%,2/8/10</NameOfBond>
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      <InvestmentsCorpBonds>
        <NameOfBond>Merck &amp; Co-5.125%,11/15/11</NameOfBond>
        <EOYBookValue>271413</EOYBookValue>
        <EOYFMV>280444</EOYFMV>
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      <InvestmentsCorpBonds>
        <NameOfBond>MBNA Corp Sr Notes-5%,5/4/10</NameOfBond>
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      <InvestmentsCorpBonds>
        <NameOfBond>Marshall &amp; Ilsley-4.4%,3/15/10</NameOfBond>
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        <NameOfBond>JP Morgan Chase-4.6%,1/17/11</NameOfBond>
        <EOYBookValue>99883</EOYBookValue>
        <EOYFMV>100130</EOYFMV>
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        <NameOfBond>John Deere Cap Corp-4.125%,1/15/10</NameOfBond>
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        <NameOfBond>IBM Corp-4.75%,11/29/12</NameOfBond>
        <EOYBookValue>152049</EOYBookValue>
        <EOYFMV>161037</EOYFMV>
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        <NameOfBond>Hershey Co Notes-5.3%,9/1/11</NameOfBond>
        <EOYBookValue>250707</EOYBookValue>
        <EOYFMV>257790</EOYFMV>
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        <NameOfBond>Hartford Fin'l Services-5.25%,10/15/11</NameOfBond>
        <EOYBookValue>712895</EOYBookValue>
        <EOYFMV>728879</EOYFMV>
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        <NameOfBond>Goldman Sachs Group-5.450%,11/1/12</NameOfBond>
        <EOYBookValue>201622</EOYBookValue>
        <EOYFMV>213906</EOYFMV>
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        <NameOfBond>GE Capital Corp-4.15%,6/15/11</NameOfBond>
        <EOYBookValue>62763</EOYBookValue>
        <EOYFMV>65667</EOYFMV>
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        <NameOfBond>GE Capital Corp-4.875%,10/21/10</NameOfBond>
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      <InvestmentsCorpBonds>
        <NameOfBond>FPL Group Capital-5.625%,9/1/11</NameOfBond>
        <EOYBookValue>1008754</EOYBookValue>
        <EOYFMV>1030680</EOYFMV>
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        <NameOfBond>Deutsch Bank AG London-5.375%,10/12/12</NameOfBond>
        <EOYBookValue>1514999</EOYBookValue>
        <EOYFMV>1612095</EOYFMV>
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        <NameOfBond>Credit Suisse FB USA-4.125%,1/15/10</NameOfBond>
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      <InvestmentsCorpBonds>
        <NameOfBond>Conoco Phillips-5.5%,4/15/13</NameOfBond>
        <EOYBookValue>510711</EOYBookValue>
        <EOYFMV>548255</EOYFMV>
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        <NameOfBond>Conoco Phillips-4.75%,10/15/12</NameOfBond>
        <EOYBookValue>1209527</EOYBookValue>
        <EOYFMV>1285068</EOYFMV>
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        <NameOfBond>Citigroup Inc-5.3%,10/17/12</NameOfBond>
        <EOYBookValue>201426</EOYBookValue>
        <EOYFMV>211808</EOYFMV>
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        <NameOfBond>Citigroup Inc-4.125%,2/22/10</NameOfBond>
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        <NameOfBond>Chubb Corp-6%,11/15/11</NameOfBond>
        <EOYBookValue>303852</EOYBookValue>
        <EOYFMV>313929</EOYFMV>
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        <NameOfBond>Caterpillar Fin Serv Corp-4.15%,1/15/10</NameOfBond>
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        <NameOfBond>Berkshire Hathaway Notes-4.75%,5/15/12</NameOfBond>
        <EOYBookValue>1307750</EOYBookValue>
        <EOYFMV>1368900</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Bear Stearns Co Notes-5.35%,2/1/12</NameOfBond>
        <EOYBookValue>299189</EOYBookValue>
        <EOYFMV>313926</EOYFMV>
      </InvestmentsCorpBonds>
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        <NameOfBond>Astrazeneca PLC Global-5.4%,9/15/12</NameOfBond>
        <EOYBookValue>608917</EOYBookValue>
        <EOYFMV>647010</EOYFMV>
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      <InvestmentsCorpBonds>
        <NameOfBond>Associates Corp-7.95%,2/15/10</NameOfBond>
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      <InvestmentsCorpBonds>
        <NameOfBond>Amer Gen'l Fin'l-7.5%,8/11/10</NameOfBond>
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        <NameOfBond>American Express-5.25%,11/21/11</NameOfBond>
        <EOYBookValue>200719</EOYBookValue>
        <EOYFMV>206424</EOYFMV>
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      <InvestmentsCorpBonds>
        <NameOfBond>Allstate Life Global-4.25%,2/26/10</NameOfBond>
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      <InvestmentsCorpBonds>
        <NameOfBond>Aetna Inc Notes-5.75%,6/15/11</NameOfBond>
        <EOYBookValue>151118</EOYBookValue>
        <EOYFMV>153322</EOYFMV>
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        <NameOfBond>Abbott Labs-5.6%,5/15/11</NameOfBond>
        <EOYBookValue>200956</EOYBookValue>
        <EOYFMV>203938</EOYFMV>
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        <NameOfBond>Abbott Labs-3.75%,3/15/11</NameOfBond>
        <EOYBookValue>599083</EOYBookValue>
        <EOYFMV>604152</EOYFMV>
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      <InvestmentsCorpBonds>
        <NameOfBond>WM Wrigley Notes-4.3%, 7/15/10</NameOfBond>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Wells Fargo Global-4.875%, 1/12/11</NameOfBond>
        <EOYBookValue>299859</EOYBookValue>
        <EOYFMV>300225</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Wal-Mart Stores-4.75%, 8/15/10</NameOfBond>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>US Bancorp Notes-4.5%, 07/29/10</NameOfBond>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Toyota Motor Credit-4.25%, 3/15/10</NameOfBond>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Merrill Lynch-4.5%, 11/4/10</NameOfBond>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>HSBC Finance Corp-5.25%, 1/14/11</NameOfBond>
        <EOYBookValue>899910</EOYBookValue>
        <EOYFMV>900909</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Home Depot Global-4.625%, 8/15/10</NameOfBond>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Goldman Sachs Group-5%, 1/15/11</NameOfBond>
        <EOYBookValue>299150</EOYBookValue>
        <EOYFMV>300327</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>DNA Finance Corp-4.4%, 7/15/10</NameOfBond>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Du Pont EI De Nemou-4.125%, 4/30/10</NameOfBond>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Cisco Systems-5.25%, 2/22/11</NameOfBond>
        <EOYBookValue>500317</EOYBookValue>
        <EOYFMV>503135</EOYFMV>
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        <NameOfBond>Berkshire Hathway-4.125%, 1/15/10</NameOfBond>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>American Express Co-5%, 12/2/10</NameOfBond>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Wal Mart Stores-4%, 1/15/10</NameOfBond>
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        <NameOfBond>JP Morgan Chase-4.5%,1/15/12</NameOfBond>
        <EOYBookValue>401719</EOYBookValue>
        <EOYFMV>414740</EOYFMV>
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      <InvestmentsCorpBonds>
        <NameOfBond>JP Morgan Chase-4.5%, 11/15/10</NameOfBond>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Wells Fargo Global Notes-4.2%, 1/15/10</NameOfBond>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Morgan Stanley-4.25%, 5/15/10</NameOfBond>
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      <InvestmentsCorpBonds>
        <NameOfBond>Morgan Stanley-4%, 1/15/10</NameOfBond>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>GE Capital Corp Global-4.25%, 12/1/10</NameOfBond>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Berkshire Hathway-4.2%, 12/15/10</NameOfBond>
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      <InvestmentsCorpBonds>
        <NameOfBond>Bank of America-4.375%, 12/1/10</NameOfBond>
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      <InvestmentsCorpBonds>
        <NameOfBond>Bank of America-4.250%, 10/01/10</NameOfBond>
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        <NameOfStock>HSBC Holding PLC-6.2%-Pfd</NameOfStock>
        <EOYBookValue>590007</EOYBookValue>
        <EOYFMV>572500</EOYFMV>
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        <NameOfStock>Deutsch Bank Ctg't-6.55%-Pfd</NameOfStock>
        <EOYBookValue>121471</EOYBookValue>
        <EOYFMV>115750</EOYFMV>
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        <NameOfStock>Barclays Bank PLC-7.1%-Pfd</NameOfStock>
        <EOYBookValue>98529</EOYBookValue>
        <EOYFMV>99720</EOYFMV>
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        <NameOfStock>Barclays Bank PLC-6.625%-Pfd</NameOfStock>
        <EOYBookValue>438865</EOYBookValue>
        <EOYFMV>419940</EOYFMV>
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        <NameOfStock>Bank of America-7.25%-Pfd</NameOfStock>
        <EOYBookValue>122074</EOYBookValue>
        <EOYFMV>123600</EOYFMV>
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        <NameOfStock>Bank of America-6.625%-Pfd</NameOfStock>
        <EOYBookValue>118540</EOYBookValue>
        <EOYFMV>112700</EOYFMV>
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        <NameOfStock>Aegon NV-7.25%-Pfd</NameOfStock>
        <EOYBookValue>572188</EOYBookValue>
        <EOYFMV>598000</EOYFMV>
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        <NameOfStock>Aegon NV-6.375%-Pfd</NameOfStock>
        <EOYBookValue>236181</EOYBookValue>
        <EOYFMV>216400</EOYFMV>
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        <NameOfStock>Windstream Corp</NameOfStock>
        <EOYBookValue>180101</EOYBookValue>
        <EOYFMV>195160</EOYFMV>
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        <NameOfStock>Verizon Communications</NameOfStock>
        <EOYBookValue>194208</EOYBookValue>
        <EOYFMV>214680</EOYFMV>
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        <NameOfStock>Unilever PLC</NameOfStock>
        <EOYBookValue>181300</EOYBookValue>
        <EOYFMV>185280</EOYFMV>
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        <NameOfStock>Total Fina ELF SA</NameOfStock>
        <EOYBookValue>167523</EOYBookValue>
        <EOYFMV>160440</EOYFMV>
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        <EOYBookValue>137440</EOYBookValue>
        <EOYFMV>138840</EOYFMV>
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        <NameOfStock>Southern Copper Corp</NameOfStock>
        <EOYBookValue>158984</EOYBookValue>
        <EOYFMV>170590</EOYFMV>
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        <NameOfStock>Southern Co</NameOfStock>
        <EOYBookValue>151520</EOYBookValue>
        <EOYFMV>152920</EOYFMV>
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        <NameOfStock>Seadrill Ltd</NameOfStock>
        <EOYBookValue>162546</EOYBookValue>
        <EOYFMV>203520</EOYFMV>
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        <NameOfStock>PPL Corp</NameOfStock>
        <EOYBookValue>54988</EOYBookValue>
        <EOYFMV>52640</EOYFMV>
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        <NameOfStock>Pfizer Inc</NameOfStock>
        <EOYBookValue>187851</EOYBookValue>
        <EOYFMV>192610</EOYFMV>
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        <NameOfStock>NY Community Bancorp</NameOfStock>
        <EOYBookValue>188088</EOYBookValue>
        <EOYFMV>207350</EOYFMV>
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        <NameOfStock>Duke Energy Corp</NameOfStock>
        <EOYBookValue>162434</EOYBookValue>
        <EOYFMV>160290</EOYFMV>
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        <NameOfStock>Consolidated Edison</NameOfStock>
        <EOYBookValue>133700</EOYBookValue>
        <EOYFMV>133839</EOYFMV>
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        <NameOfStock>Bristol Myers Squibb</NameOfStock>
        <EOYBookValue>105029</EOYBookValue>
        <EOYFMV>105920</EOYFMV>
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        <NameOfStock>BCE Inc</NameOfStock>
        <EOYBookValue>167239</EOYBookValue>
        <EOYFMV>177300</EOYFMV>
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        <EOYBookValue>242071</EOYBookValue>
        <EOYFMV>230280</EOYFMV>
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        <NameOfStock>American Electric Power</NameOfStock>
        <EOYBookValue>111074</EOYBookValue>
        <EOYFMV>107940</EOYFMV>
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        <NameOfStock>Altria Group Inc</NameOfStock>
        <EOYBookValue>132140</EOYBookValue>
        <EOYFMV>135410</EOYFMV>
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        <NameOfStock>Aberdeen Chile Fd Inc</NameOfStock>
        <EOYBookValue>142683</EOYBookValue>
        <EOYFMV>136020</EOYFMV>
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        <NameOfStock>Met Life-6.5%, Ser B Pfd</NameOfStock>
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        <NameOfStock>Procter &amp; Gamble</NameOfStock>
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        <EOYFMV>133348</EOYFMV>
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        <NameOfStock>Home Depot Inc</NameOfStock>
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        <NameOfStock>DU Pont EI Nemours</NameOfStock>
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        <NameOfStock>CSX Corp</NameOfStock>
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        <NameOfStock>Citigroup Inc</NameOfStock>
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        <NameOfStock>Caterpillar Inc</NameOfStock>
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        <NameOfStock>BP PLC</NameOfStock>
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        <NameOfStock>AT&amp;T Inc</NameOfStock>
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        <NameOfStock>Apple Inc</NameOfStock>
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        <NameOfStock>Bank of America-8.625%-Pfd</NameOfStock>
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        <EOYFMV>258100</EOYFMV>
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      <InvestmentsCorpStock>
        <NameOfStock>JP Morgan Chase Cap-8%</NameOfStock>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>ING Group-8.5%-PFD</NameOfStock>
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        <EOYFMV>303480</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>ING Group-7.375%-PFD</NameOfStock>
        <EOYBookValue>480840</EOYBookValue>
        <EOYFMV>509960</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>HSBC Holdings PLC-8.125%-Pfd</NameOfStock>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>Deutsch Bank-8.05%-Pfd</NameOfStock>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>Deutsche Bank-7.6%-PFD</NameOfStock>
        <EOYBookValue>497599</EOYBookValue>
        <EOYFMV>508600</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>Credit Suisse-7.9%-PFD</NameOfStock>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>Barclays Bank PLC-8.125%-Pfd</NameOfStock>
        <EOYBookValue>200903</EOYBookValue>
        <EOYFMV>205600</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>Bank of America-8.2%-Pfd</NameOfStock>
        <EOYBookValue>123422</EOYBookValue>
        <EOYFMV>127500</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>Allianz SE-8.375%-Pfd</NameOfStock>
      </InvestmentsCorpStock>
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        <CategoryOrItem>UBS Cap XL-6.6%</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>122677</BookValue>
        <EOYFMV>125500</EOYFMV>
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      <InvestmentsOther>
        <CategoryOrItem>JP Chase Cap XL-5.875%,6/15/33</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>356589</BookValue>
        <EOYFMV>365250</EOYFMV>
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      <InvestmentsOther>
        <CategoryOrItem>Goldman Sachs-6.125%</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>150000</BookValue>
        <EOYFMV>138900</EOYFMV>
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      <InvestmentsOther>
        <CategoryOrItem>Corts GS Cap I-6%</CategoryOrItem>
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        <EOYFMV>112150</EOYFMV>
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      <InvestmentsOther>
        <CategoryOrItem>Citigroup Cap VII-7.125%</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>461028</BookValue>
        <EOYFMV>497000</EOYFMV>
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      <InvestmentsOther>
        <CategoryOrItem>Templeton Global Bond Fd</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>703331</BookValue>
        <EOYFMV>746153</EOYFMV>
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      <InvestmentsOther>
        <CategoryOrItem>Morgan Stanley Cap Tr-6.45%</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>563628</BookValue>
        <EOYFMV>586250</EOYFMV>
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      <InvestmentsOther>
        <CategoryOrItem>Columbia Marsico 21st Century</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>85000</BookValue>
        <EOYFMV>76379</EOYFMV>
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        <Description>Service Charges</Description>
        <RevenueAndExpensesPerBooks>211</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>211</NetInvestmentIncome>
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      <OtherExpenses>
        <Description>Public Notice</Description>
        <RevenueAndExpensesPerBooks>125</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>125</DisbursementsCharitablePrps>
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      <OtherExpenses>
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        <RevenueAndExpensesPerBooks>1500</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>1500</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <TaxesSchedule documentId="TaxesSchedule" softwareId="10000105" softwareVersion="2010v3.2">
      <Taxes>
        <Category>Excise Tax -'10</Category>
        <Amount>34091</Amount>
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