Consolidated Schedules of Investments

EX-99.1 6 d390523dex991.htm CONSOLIDATED SCHEDULES OF INVESTMENTS Consolidated Schedules of Investments

Exhibit 99.1

Medallion Financial Corp.

Consolidated Schedule of Investments

June 30, 2012


*(Dollars in thousands)*	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date	Maturity Date	# of Invest.		% of Net Assets			Interest Rate ⁽¹⁾			Capitalized Interest		Original Cost of 2012 Acquisitions ⁽⁵⁾		Cost ⁽⁴⁾		Fair Value
Medallion Loans
New York						451		95	%		4.43	%	$	0	$	50,866	$	201,452	$	201,570
	Lena Cab Corp ##	Term Loan	12/09/11	12/09/15		1		2	%		3.60	%	$	0			$	3,728	$	3,721
	Sean Cab Corp ##	Term Loan	12/09/11	12/08/15		1		2	%		3.60	%	$	0			$	3,728	$	3,721
	Real Cab Corp ##	Term Loan	07/20/07	07/20/17		1		1	%		6.75	%	$	0			$	2,545	$	2,545
	Real Cab Corp	Term Loan	07/20/07	07/20/17		1		*			6.75	%	$	0			$	350	$	350
	Sifnos, Van-Dim, Kitriani Incs ##	Term Loan	06/08/10	05/01/15		1		1	%		4.00	%	$	0			$	2,554	$	2,548
	Cabbo Service Corp ##	Term Loan	09/07/10	09/07/13		1		1	%		5.00	%	$	0			$	1,800	$	1,792
	Slo Cab Corp ##	Term Loan	07/20/07	07/20/17		1		1	%		6.75	%	$	0			$	1,527	$	1,527
	Slo Cab Corp	Term Loan	07/20/07	07/20/17		1		*			6.75	%	$	0			$	210	$	210
	Lety Cab Corp ##	Term Loan	10/21/10	10/20/15		1		1	%		4.00	%	$	0			$	1,626	$	1,623
	Daytona Hacking Corp ##	Term Loan	06/01/12	06/01/15		1		1	%		3.75	%	$	0	$	1,400	$	1,400	$	1,403
	Orys Trans Corp ##	Term Loan	09/26/11	09/26/14		1		1	%		4.00	%	$	0			$	1,280	$	1,282
	Cafe Service Co Inc ##	Term Loan	11/09/11	11/09/16		1		1	%		4.40	%	$	0			$	1,259	$	1,258
	Vichy Cab Corp ##	Term Loan	02/21/12	02/21/15		1		1	%		4.50	%	$	0	$	1,250	$	1,250	$	1,249
	Bunty & Jyoti Inc ##	Term Loan	11/22/11	11/22/14		1		1	%		4.25	%	$	0			$	1,248	$	1,247
	Sonu-Seema Corp ##	Term Loan	11/22/11	11/22/14		1		1	%		4.25	%	$	0			$	1,247	$	1,246
	Nancy Transit Inc ##	Term Loan	04/06/11	04/06/14		1		1	%		4.50	%	$	0			$	1,244	$	1,242
	Januko Transit Inc ##	Term Loan	12/09/11	12/09/15		1		1	%		3.60	%	$	0			$	1,243	$	1,242
	Spurt Cab Corp ##	Term Loan	04/01/11	10/01/13		1		1	%		4.75	%	$	0			$	1,240	$	1,241
	Yankl Transit Inc ##	Term Loan	03/23/11	12/08/15		1		1	%		3.60	%	$	0			$	1,240	$	1,238
	Sapphire Transit Inc ##	Term Loan	03/23/11	12/08/15		1		1	%		3.60	%	$	0			$	1,240	$	1,238
	Daf Cab Corp ##	Term Loan	03/23/11	12/08/15		1		1	%		3.60	%	$	0			$	1,240	$	1,238
	Slate Cab Corp ##	Term Loan	03/23/11	12/08/15		1		1	%		3.60	%	$	0			$	1,240	$	1,238
	Sabrinush Transit Inc ##	Term Loan	03/23/11	12/08/15		1		1	%		3.60	%	$	0			$	1,240	$	1,238
	Munkach Transit Inc ##	Term Loan	03/23/11	12/08/15		1		1	%		3.60	%	$	0			$	1,240	$	1,238
	Mamkale Transit Inc ##	Term Loan	03/23/11	12/08/15		1		1	%		3.60	%	$	0			$	1,240	$	1,238
	Fenway Cab Corp ##	Term Loan	03/23/11	12/08/15		1		1	%		3.60	%	$	0			$	1,240	$	1,238
	Brini Transit Inc ##	Term Loan	03/23/11	12/08/15		1		1	%		3.60	%	$	0			$	1,240	$	1,238
	W. Vil Trans Corp ##	Term Loan	03/23/11	12/08/15		1		1	%		3.60	%	$	0			$	1,240	$	1,238
	W Mit Trans Corp ##	Term Loan	03/22/11	12/08/15		1		1	%		3.60	%	$	0			$	1,240	$	1,238
	Ride Yellow LLC ##	Term Loan	01/14/11	02/15/16		1		1	%		4.88	%	$	0			$	1,200	$	1,199
	King Ed Taxi Inc ##	Term Loan	09/07/10	09/03/13		1		1	%		5.00	%	$	0			$	1,200	$	1,195
	Corcovado Cab Corp ##	Term Loan	09/07/10	09/03/13		1		1	%		5.00	%	$	0			$	1,200	$	1,195
	Junaid Trans Corp ##	Term Loan	03/19/12	03/19/15		1		1	%		4.25	%	$	0	$	1,200	$	1,193	$	1,195
	Dag Taxi Inc ##	Term Loan	09/01/10	09/01/13		1		1	%		5.00	%	$	0			$	1,200	$	1,195
	Merry Cab Corp ##	Term Loan	09/01/10	09/01/13		1		1	%		5.00	%	$	0			$	1,200	$	1,195
	Hoyt Cab Corp ##	Term Loan	02/18/11	01/23/15		1		1	%		3.75	%	$	0			$	1,196	$	1,194
	Flow Taxi Corp ##	Term Loan	04/18/12	04/18/15		1		1	%		3.75	%	$	0	$	1,200	$	1,195	$	1,194
	Lil Amandachaka Hacking Corp ##	Term Loan	04/18/12	04/18/15		1		1	%		3.75	%	$	0	$	1,200	$	1,194	$	1,193
	Red Army Cab Corp ##	Term Loan	04/18/12	04/18/15		1		1	%		3.75	%	$	0	$	1,200	$	1,194	$	1,193
	Perem Hacking Corp ##	Term Loan	04/18/12	04/18/15		1		1	%		3.75	%	$	0	$	1,200	$	1,194	$	1,193
	New Direction Cab Corp ##	Term Loan	11/18/11	11/18/14		1		1	%		4.00	%	$	0			$	1,184	$	1,188
	Alltaxione Cab Corp ##	Term Loan	09/26/11	09/26/14		1		1	%		4.00	%	$	0			$	1,182	$	1,181
	Alltaxitwo Cab Corp ##	Term Loan	09/26/11	09/26/14		1		1	%		4.00	%	$	0			$	1,182	$	1,181
	Goodspeed Transit Inc ##	Term Loan	11/21/11	11/21/14		1		1	%		3.75	%	$	0			$	1,174	$	1,173
	Ocean Hacking Corp ##	Term Loan	08/17/10	08/16/13		1		1	%		4.75	%	$	0			$	1,146	$	1,144
	Whats Yellow LLC ##	Term Loan	10/15/10	10/15/12		1		1	%		4.80	%	$	0			$	1,138	$	1,135
	Jump Service Co Inc ##	Term Loan	10/14/11	10/14/14		1		1	%		3.75	%	$	0			$	1,133	$	1,132
	Anniversary Taxi Corp ##	Term Loan	10/14/11	10/14/14		1		1	%		4.00	%	$	0			$	1,104	$	1,103
	Kby Taxi Inc ##	Term Loan	10/14/11	10/14/14		1		1	%		4.00	%	$	0			$	1,104	$	1,103
	Concourse Cab Corp ##	Term Loan	03/29/10	03/29/13		1		1	%		5.75	%	$	0			$	1,100	$	1,099
	King Spring Taxi Inc ##	Term Loan	08/24/10	01/05/15		1		1	%		4.00	%	$	0			$	1,089	$	1,087
	H&M Cab Corp ##	Term Loan	08/24/10	01/05/15		1		1	%		4.00	%	$	0			$	1,089	$	1,087
	Yosi Transit Inc ##	Term Loan	07/20/07	07/20/17		1		*			6.75	%	$	0			$	1,018	$	1,018
	M.Y. Taxi Inc ##	Term Loan	01/06/11	01/15/16		1		*			4.88	%	$	0			$	960	$	962

Medallion Financial Corp.

Consolidated Schedule of Investments

June 30, 2012


*(Dollars in thousands)*	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date	Maturity Date	# of Invest.		% of Net Assets		Interest Rate ⁽¹⁾			Capitalized Interest		Original Cost of 2012 Acquisitions ⁽⁵⁾		Cost ⁽⁴⁾		Fair Value
	Justin Hacking Corp ##	Term Loan	09/09/08	09/09/14		1		*		4.00	%	$	0			$	913	$	911
	Cora Hacking Corp ##	Term Loan	08/06/10	08/05/15		1		*		4.00	%	$	0			$	903	$	903
	Iddy Biddy Cab Corp ##	Term Loan	08/06/10	08/05/15		1		*		4.00	%	$	0			$	903	$	902
	Malcolm Hacking Corp ##	Term Loan	08/06/10	08/05/15		1		*		4.00	%	$	0			$	903	$	902
	Jbob Hacking Corp ##	Term Loan	08/06/10	08/05/15		1		*		4.00	%	$	0			$	903	$	902
	Granny Hacking Corp ##	Term Loan	08/06/10	08/05/15		1		*		4.00	%	$	0			$	903	$	902
	Oyaz Hacking Corp ##	Term Loan	08/06/10	08/05/15		1		*		4.00	%	$	0			$	903	$	902
	Global Agami Cab LLC ##	Term Loan	02/22/11	02/01/15		1		*		3.35	%	$	0			$	902	$	901
	Universal Agami Transit Inc ##	Term Loan	02/22/11	02/01/15		1		*		3.35	%	$	0			$	902	$	901
	Network Agami Cab Corp ##	Term Loan	02/22/11	02/01/15		1		*		3.35	%	$	0			$	902	$	901
	Planet Agami Cab LLC ##	Term Loan	02/22/11	02/01/15		1		*		3.35	%	$	0			$	902	$	901
	Nelsk Taxi Inc ##	Term Loan	04/18/12	04/18/15		1		*		4.00	%	$	0	$	900	$	896	$	895
	Rechargeable Transit LLC ##	Term Loan	10/16/06	10/16/16		1		*		3.00	%	$	0			$	890	$	890
	Proton Transit LLC ##	Term Loan	10/16/06	10/16/16		1		*		3.00	%	$	0			$	890	$	890
	Quark Transit LLC ##	Term Loan	10/16/06	10/16/16		1		*		3.00	%	$	0			$	890	$	890
	Neutron Transit LLC ##	Term Loan	10/16/06	10/16/16		1		*		3.00	%	$	0			$	890	$	890
	Kinetic Transit LLC ##	Term Loan	10/31/06	10/31/16		1		*		3.00	%	$	0			$	890	$	890
	Mixfuel Transit LLC ##	Term Loan	10/31/06	10/31/16		1		*		3.00	%	$	0			$	890	$	890
	Lowvolt Transit LLC ##	Term Loan	10/31/06	10/31/16		1		*		3.00	%	$	0			$	890	$	890
	Hybrid Transit LLC ##	Term Loan	10/23/06	10/23/16		1		*		2.67	%	$	0			$	890	$	888
	Composite Transit LLC ##	Term Loan	11/03/06	11/03/16		1		*		3.00	%	$	0			$	890	$	888
	Blend Transit LLC ##	Term Loan	11/03/06	11/03/16		1		*		3.00	%	$	0			$	890	$	888
	Isotope Transit LLC ##	Term Loan	10/31/06	10/31/16		1		*		3.00	%	$	0			$	890	$	888
	Juiced Transit LLC ##	Term Loan	10/31/06	10/31/16		1		*		3.00	%	$	0			$	890	$	888
	Abbel Cab Corp ##	Term Loan	10/15/10	10/15/12		1		*		4.80	%	$	0			$	889	$	887
	Five Kids Trans LLC ##	Term Loan	10/15/10	10/15/12		1		*		4.80	%	$	0			$	872	$	870
	Havana Affair Cab Corp ##	Term Loan	10/08/10	09/30/14		1		*		3.50	%	$	0			$	866	$	865
	Idiot Wind Cab Corp ##	Term Loan	10/08/10	09/30/14		1		*		3.50	%	$	0			$	866	$	865
	Holdem Cab Corp ##	Term Loan	10/08/10	09/30/14		1		*		3.50	%	$	0			$	866	$	865
	Go Boy Cab Corp ##	Term Loan	10/08/10	09/30/14		1		*		3.50	%	$	0			$	866	$	865
	Ming Trans Corp ##	Term Loan	07/07/11	07/06/14		1		*		4.60	%	$	0			$	813	$	813
	Gaultier Hacking Corp ##	Term Loan	07/30/10	07/30/12		1		*		4.75	%	$	0			$	789	$	787
	Sisters Trans Inc ##	Term Loan	10/15/10	10/06/12		1		*		4.80	%	$	0			$	769	$	769
	Fly By Night Trans Inc ##	Term Loan	10/15/10	10/06/12		1		*		4.80	%	$	0			$	764	$	764
	Bliss Cab Corp ##	Term Loan	10/21/10	10/20/15		1		*		4.00	%	$	0			$	764	$	763
	1212 Taxi LLC ##	Term Loan	01/06/11	01/15/16		1		*		4.88	%	$	0			$	750	$	752
	Hot Wheels Taxi LLC ##	Term Loan	01/11/11	02/15/16		1		*		4.88	%	$	0			$	743	$	743
	Sincere Cab Corp ##	Term Loan	06/21/11	06/21/16		1		*		4.50	%	$	0			$	727	$	727
	Marian Cab Corp ##	Term Loan	06/19/12	06/19/16		1		*		3.75	%	$	0	$	726	$	726	$	727
	Robell Hacking Corp ##	Term Loan	10/26/11	10/26/14		1		*		3.75	%	$	0			$	703	$	703
	Jean Pierre Trans Inc ##	Term Loan	10/21/10	10/20/15		1		*		4.00	%	$	0			$	689	$	690
	Cfn Cab Corp ##	Term Loan	10/21/10	10/20/15		1		*		4.00	%	$	0			$	689	$	688
	Miklos Hacking Corp ##	Term Loan	10/21/10	10/20/15		1		*		4.00	%	$	0			$	684	$	683
	Sandhu & Baath Inc/Note 2 Of 2 ##	Term Loan	05/10/11	05/10/14		1		*		4.75	%	$	0			$	645	$	645
	Sandhu & Baath Inc/Note 1 Of 2 ##	Term Loan	05/10/11	05/10/14		1		*		4.75	%	$	0			$	644	$	644
	Yme Transit Inc ##	Term Loan	09/09/11	09/01/14		1		*		4.00	%	$	0			$	640	$	643
	Guivarch Thimothe	Term Loan	05/09/12	05/09/15		1		*		4.50	%	$	0	$	615	$	614	$	619
	Serob Taxi Inc ##	Term Loan	07/01/10	07/01/13		1		*		5.50	%	$	0			$	606	$	605
	Oradeanul Taxi Corp	Term Loan	11/14/11	11/14/14		1		*		5.00	%	$	0			$	587	$	591
	Birk Cab Corp	Term Loan	11/04/11	11/04/14		1		*		5.00	%	$	0			$	577	$	581
	Jasvinder Chhoker + Dam Singh	Term Loan	11/10/11	11/10/14		1		*		5.25	%	$	0			$	577	$	581
	Bhai Bhai Taxi Corp	Term Loan	06/02/11	06/02/14		1		*		5.35	%	$	0			$	577	$	579
	Muhammad Saqib ##	Term Loan	10/04/11	10/04/14		1		*		5.00	%	$	0			$	570	$	573
	Jaswinder Sharma ##	Term Loan	11/02/11	11/02/14		1		*		5.00	%	$	0			$	564	$	567
	Binh Pham	Term Loan	05/30/12	05/30/15		1		*		5.25	%	$	0	$	562	$	562	$	564
	Btr Taxi Inc ##	Term Loan	07/05/11	07/05/14		1		*		4.63	%	$	0			$	564	$	564

Medallion Financial Corp.

Consolidated Schedule of Investments

June 30, 2012


*(Dollars in thousands)*	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date	Maturity Date	# of Invest.		% of Net Assets		Interest Rate ⁽¹⁾			Capitalized Interest		Original Cost of 2012 Acquisitions ⁽⁵⁾		Cost ⁽⁴⁾		Fair Value
	Carmay Latendresse	Term Loan	06/07/12	06/07/15		1		*		5.88	%	$	0	$	560	$	560	$	562
	Albro Hacking, Corp. ##	Term Loan	10/21/10	10/20/15		1		*		4.00	%	$	0			$	561	$	562
	Joseph B Luxama ##	Term Loan	06/05/12	06/05/15		1		*		5.00	%	$	0	$	555	$	555	$	557
	Tamimu Aliu ##	Term Loan	05/25/12	05/25/15		1		*		4.25	%	$	0	$	555	$	555	$	554
	Frantz Louhis & Joseph Paul ##	Term Loan	06/08/12	06/08/15		1		*		4.25	%	$	0	$	550	$	550	$	551
	Joseph L Flovel ##	Term Loan	04/16/12	04/16/15		1		*		4.50	%	$	0	$	550	$	547	$	550
	Amr Aly Shafshak ##	Term Loan	05/21/12	05/21/15		1		*		4.25	%	$	0	$	550	$	549	$	549
	Georges Salomon	Term Loan	03/23/12	03/23/15		1		*		5.25	%	$	0	$	550	$	547	$	549
	Samy Baddar ##	Term Loan	03/26/12	03/26/15		1		*		4.25	%	$	0	$	550	$	548	$	549
	Rafi Mohammad ##	Term Loan	12/07/11	12/07/14		1		*		4.25	%	$	0			$	549	$	549
	Ptah Cab Corp ##	Term Loan	05/25/11	05/01/15		1		*		3.35	%	$	0			$	547	$	547
	Lesly Jeanjoseph ##	Term Loan	12/20/11	12/20/14		1		*		4.75	%	$	0			$	544	$	546
	Corsi Cab Corp ##	Term Loan	06/21/11	06/21/16		1		*		4.50	%	$	0			$	545	$	546
	Anba Taxi Inc ##	Term Loan	06/21/11	06/21/16		1		*		4.50	%	$	0			$	545	$	546
	Eugenio & Ayodele Trans Corp	Term Loan	10/14/10	10/14/13		1		*		6.00	%	$	0			$	546	$	544
	Karamjit Panchhi ##	Term Loan	11/21/11	11/21/14		1		*		4.50	%	$	0			$	543	$	544
	Gilberto Barrera ##	Term Loan	06/15/11	06/15/14		1		*		5.00	%	$	0			$	543	$	542
	Fido Cab Corp ##	Term Loan	09/09/11	09/01/14		1		*		4.00	%	$	0			$	541	$	541
	Leo P. Roland ##	Term Loan	11/10/11	11/10/14		1		*		4.25	%	$	0			$	538	$	539
	Sushil Maggoo ##	Term Loan	09/14/11	09/14/14		1		*		5.75	%	$	0			$	536	$	538
	Amjad Abbas	Term Loan	06/02/11	06/05/14		1		*		4.25	%	$	0			$	537	$	536
	Mohammed Hossen & Abrar Hanif	Term Loan	06/25/12	06/25/16		1		*		4.00	%	$	0	$	532	$	532	$	533
	Joseph R Jean ##	Term Loan	05/29/12	05/29/15		1		*		4.50	%	$	0	$	532	$	532	$	533
	Ulrick Racine ##	Term Loan	05/09/12	05/09/15		1		*		4.25	%	$	0	$	528	$	527	$	528
	Avner Ben-Levy ##	Term Loan	05/29/12	05/29/15		1		*		4.25	%	$	0	$	525	$	525	$	527
	Jacques A Petion &	Term Loan	02/08/11	02/08/14		1		*		5.75	%	$	0			$	526	$	526
	Joseph Paul Desir	Term Loan	04/08/11	04/08/14		1		*		4.75	%	$	0			$	524	$	525
	Humberto Ontaneda ##	Term Loan	03/05/12	03/05/15		1		*		4.25	%	$	0	$	525	$	522	$	525
	Wisly Noel	Term Loan	03/17/11	03/17/14		1		*		5.00	%	$	0			$	521	$	522
	M Irshad Chaudhry & Mhd Ramzan ##	Term Loan	03/21/11	03/21/14		1		*		5.25	%	$	0			$	522	$	522
	Balwinder Singh ##	Term Loan	10/19/11	10/19/14		1		*		4.75	%	$	0			$	519	$	520
	Mukhtiar Singh ##	Term Loan	11/22/11	11/22/14		1		*		4.25	%	$	0			$	519	$	520
	Avtar Singh ##	Term Loan	11/22/11	11/22/14		1		*		4.25	%	$	0			$	519	$	520
	Marco V Guerrero &	Term Loan	12/22/11	12/22/14		1		*		4.50	%	$	0			$	517	$	519
	Ilker Altaygil ##	Term Loan	05/11/11	05/11/14		1		*		5.25	%	$	0			$	519	$	519
	Arcange J Dangervil ##	Term Loan	09/06/11	09/06/14		1		*		5.75	%	$	0			$	518	$	518
	Marc C Bastien ##	Term Loan	11/02/11	11/02/14		1		*		5.00	%	$	0			$	515	$	517
	Erwich Chery	Term Loan	06/17/11	06/17/14		1		*		5.50	%	$	0			$	515	$	517
	Shanu Miah	Term Loan	03/24/11	03/24/14		1		*		5.25	%	$	0			$	518	$	516
	Headway Transportation Inc &	Term Loan	03/22/11	03/22/14		1		*		6.25	%	$	0			$	514	$	515
	Jasvir S Dhaliwal ##	Term Loan	11/29/11	11/29/14		1		*		4.50	%	$	0			$	516	$	514
	Strivers Way Inc	Term Loan	03/21/11	03/21/14		1		*		6.25	%	$	0			$	512	$	513
	Roudy Moliere &Jean B Letang ##	Term Loan	08/18/11	08/18/14		1		*		5.75	%	$	0			$	511	$	513
	Larry Westen ##	Term Loan	09/30/11	09/30/14		1		*		5.50	%	$	0			$	512	$	512
	Malkiat S Multani	Term Loan	06/01/11	06/09/14		1		*		4.75	%	$	0			$	509	$	511
	Harminder Singh & Harjinder Si ##	Term Loan	03/22/11	03/22/14		1		*		4.00	%	$	0			$	512	$	510
	Alexander Vizueta ##	Term Loan	11/15/11	11/15/14		1		*		5.25	%	$	0			$	506	$	508
	Joseph Jean ##	Term Loan	03/14/12	03/14/15		1		*		4.50	%	$	0	$	510	$	507	$	507
	Kang & Dhillon Taxi Inc ##	Term Loan	12/03/10	12/03/13		1		*		5.35	%	$	0			$	505	$	506
	Louis A Alphonse ##	Term Loan	12/05/11	12/05/14		1		*		4.50	%	$	0			$	507	$	506
	Prem Singh & Manjeet Kaur ##	Term Loan	01/28/11	01/28/14		1		*		5.00	%	$	0			$	504	$	504
	Guy Merisier	Term Loan	06/27/12	06/27/15		1		*		4.50	%	$	0	$	500	$	500	$	501
	Avtar Singh ##	Term Loan	09/23/11	09/27/14		1		*		4.00	%	$	0			$	500	$	498
	Preslert Louis	Term Loan	03/23/12	03/23/15		1		*		5.00	%	$	0	$	498	$	495	$	497
	Mian Cab Corp ##	Term Loan	02/02/11	02/02/14		1		*		5.25	%	$	0			$	497	$	496
	Turgut Duman ##	Term Loan	12/10/10	12/10/13		1		*		5.00	%	$	0			$	495	$	496

Medallion Financial Corp.

Consolidated Schedule of Investments

June 30, 2012


*(Dollars in thousands)*	Obligor Name	Security Type (all restricted unless otherwise noted)		Acquisition Date		Maturity Date		# of Invest.		% of Net Assets		Interest Rate ⁽¹⁾			Capitalized Interest		Original Cost of 2012 Acquisitions ⁽⁵⁾		Cost ⁽⁴⁾		Fair Value
	Sing-Fai Chan		Term Loan		09/24/10		09/24/13		1		*		5.88	%	$	0			$	494	$	495
	Ronak Singh ##		Term Loan		01/11/12		01/11/15		1		*		4.00	%	$	0	$	506	$	496	$	495
	Joseph Gerard Pierre		Term Loan		04/08/11		04/08/14		1		*		4.50	%	$	0			$	493	$	494
	Zhi Li Peng &		Term Loan		03/24/11		03/24/14		1		*		5.50	%	$	0			$	491	$	492
	Pierre Goguin Joseph		Term Loan		05/20/10		05/20/13		1		*		6.00	%	$	0			$	489	$	490
	Brunel Paul & Chrislorme Paul ##		Term Loan		06/30/11		06/30/14		1		*		4.75	%	$	0			$	486	$	488
	Michael Avitan ##		Term Loan		07/19/11		07/19/14		1		*		5.00	%	$	0			$	487	$	486
	Mohammad Azhar ##		Term Loan		06/01/12		06/01/15		1		*		4.00	%	$	0	$	485	$	485	$	486
	Rousseau Ductan ##		Term Loan		12/22/11		12/22/14		1		*		4.25	%	$	0			$	486	$	484
	Parvinder Singh ##		Term Loan		02/16/11		02/16/14		1		*		5.00	%	$	0			$	484	$	484
	Gustavo E Cabrejos ##		Term Loan		04/04/11		04/04/14		1		*		4.90	%	$	0			$	480	$	480
	Amr & Rina Taxi Inc ##		Term Loan		06/17/11		06/17/14		1		*		4.75	%	$	0			$	478	$	480
	Mohammad A Parvaiz ##		Term Loan		05/26/11		05/26/16		1		*		4.00	%	$	0			$	479	$	478
	Rafael A Pena ##		Term Loan		02/28/12		02/28/15		1		*		4.50	%	$	0	$	482	$	478	$	479
	Brunet Lucas ##		Term Loan		09/29/10		09/29/13		1		*		5.75	%	$	0			$	477	$	477
	Jordan O Ohene ##		Term Loan		11/05/10		11/05/13		1		*		5.25	%	$	0			$	475	$	476
	Ahmed Elsayed ##		Term Loan		08/01/11		08/01/14		1		*		5.00	%	$	0			$	474	$	473
	Atef A Khalil &		Term Loan		04/15/11		04/15/14		1		*		5.50	%	$	0			$	472	$	473
	Harold Torres ##		Term Loan		05/23/12		05/23/15		1		*		4.00	%	$	0	$	472	$	471	$	472
	Abu H Shawkat		Term Loan		03/12/10		03/12/13		1		*		6.60	%	$	0			$	467	$	468
	Charanjeet Kaur & Manjit Singh ##		Term Loan		10/07/10		03/01/15		1		*		4.00	%	$	0			$	468	$	468
	Eustache Romain ##		Term Loan		10/25/10		10/25/13		1		*		5.25	%	$	0			$	465	$	465
	Rafael Kikirov ##		Term Loan		06/22/12		06/22/17		1		*		4.00	%	$	0	$	462	$	462	$	463
	Albert A Agyemang ##		Term Loan		08/25/11		08/25/14		1		*		4.70	%	$	0			$	462	$	463
	Eli Parada ##		Term Loan		01/20/12		01/20/15		1		*		4.75	%	$	0	$	476	$	464	$	462
	Nobert Auguste		Term Loan		04/12/10		04/12/13		1		*		6.75	%	$	0			$	461	$	462
	David Mashkabov ##		Term Loan		10/26/11		10/24/14		1		*		4.00	%	$	0			$	461	$	460
	Mohammed F Munir ##		Term Loan		02/11/11		02/14/14		1		*		4.75	%	$	0			$	455	$	456
	Jened Cab Corp ##		Term Loan		03/13/12		01/13/17		1		*		4.25	%	$	0	$	477	$	454	$	455
	Patrick Sattaur ##		Term Loan		11/18/11		11/18/14		1		*		5.00	%	$	0			$	453	$	454
	Parkash Taxi Inc ##		Term Loan		08/09/10		08/09/13		1		*		4.00	%	$	0			$	453	$	451
	Ranjit Singh ##		Term Loan		02/16/12		02/16/15		1		*		4.00	%	$	0	$	451	$	447	$	450
	Olmedo Nocua ##		Term Loan		01/21/11		01/21/14		1		*		5.00	%	$	0			$	447	$	448
	Momar Diagne ##		Term Loan		08/25/11		08/25/14		1		*		4.75	%	$	0			$	446	$	447
	Aminder Pal Singh		Term Loan		02/27/12		02/27/17		1		*		4.25	%	$	0	$	447	$	443	$	445
	Gonel Seraphin & Evelyne Serap ##		Term Loan		12/09/11		12/09/14		1		*		4.25	%	$	0			$	446	$	444
	Eduard Neyman ##		Term Loan		11/09/11		11/09/16		1		*		4.75	%	$	0			$	441	$	442
	Magloire David ##		Term Loan		04/02/12		04/02/15		1		*		4.25	%	$	0	$	440	$	439	$	441
	Spyridon Tzorzis ##		Term Loan		01/18/12		01/18/15		1		*		4.50	%	$	0	$	448	$	441	$	440
	Rossini F Celestin		Term Loan		10/09/09		10/09/12		1		*		6.50	%	$	0			$	439	$	439
	Chamkor Cab Corp ##		Term Loan		12/16/09		06/30/14		1		*		4.75	%	$	0			$	437	$	436
	Jacob Kuruvilla ##		Term Loan		11/11/09		11/15/12		1		*		5.90	%	$	0			$	435	$	434
	Daca Taxi Inc ##		Term Loan		06/02/11		06/02/14		1		*		4.38	%	$	0			$	428	$	428
	Gurmeet Singh ##		Term Loan		06/21/11		06/21/14		1		*		5.00	%	$	0			$	427	$	428
	Shubal C Ghose ##		Term Loan		09/23/10		09/23/13		1		*		5.00	%	$	0			$	427	$	427
	Saba Moshe Taxi Inc ##		Term Loan		01/06/11		01/15/16		1		*		4.88	%	$	0			$	422	$	424
	Mtr Taxi Inc ##		Term Loan		01/06/11		01/15/16		1		*		4.88	%	$	0			$	422	$	424
	Maya Taxi Inc ##		Term Loan		01/06/11		01/15/16		1		*		4.88	%	$	0			$	422	$	424
	M&J Taxi Inc ##		Term Loan		01/06/11		01/15/16		1		*		4.88	%	$	0			$	422	$	424
	Neomi & Z Taxi Inc ##		Term Loan		01/06/11		01/15/16		1		*		4.88	%	$	0			$	422	$	424
	Man Singh ##		Term Loan		01/19/12		01/19/15		1		*		4.00	%	$	0	$	421	$	416	$	417
	King “D” Taxi Inc ##		Term Loan		01/17/12		01/17/15		1		*		3.75	%	$	0	$	412	$	411	$	412
	Nautilus Service Cor ##		Term Loan		01/17/12		01/17/15		1		*		3.75	%	$	0	$	412	$	411	$	412
	Run Service Corp ##		Term Loan		01/17/12		01/17/15		1		*		3.75	%	$	0	$	412	$	411	$	412
	Crossbow Taxi Inc ##		Term Loan		01/17/12		01/17/15		1		*		3.75	%	$	0	$	412	$	411	$	412
	Petia Cab Corporation ##		Term Loan		01/17/12		01/17/15		1		*		3.75	%	$	0	$	412	$	411	$	412

Medallion Financial Corp.

Consolidated Schedule of Investments

June 30, 2012


*(Dollars in thousands)*	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date	Maturity Date	# of Invest.		% of Net Assets		Interest Rate ⁽¹⁾			Capitalized Interest		Original Cost of 2012 Acquisitions ⁽⁵⁾		Cost ⁽⁴⁾		Fair Value
	King Verin Taxi Inc ##	Term Loan	01/17/12	01/17/15		1		*		3.75	%	$	0	$	412	$	411	$	412
	Cleopatra Cab Corp ##	Term Loan	01/17/12	01/17/15		1		*		3.75	%	$	0	$	412	$	411	$	412
	Bucur Express Cab Corp ##	Term Loan	06/02/11	06/02/14		1		*		4.38	%	$	0			$	412	$	413
	Frands Fequiere ##	Term Loan	01/26/11	01/25/14		1		*		5.20	%	$	0			$	409	$	409
	Dady Hamel ##	Term Loan	04/16/09	12/22/13		1		*		3.90	%	$	0			$	409	$	408
	Manuel F Pena ##	Term Loan	04/01/11	04/01/14		1		*		4.50	%	$	0			$	407	$	407
	Pierre Chery ##	Term Loan	10/20/11	10/20/14		1		*		4.50	%	$	0			$	403	$	402
	I&I Cab Corp ##	Term Loan	10/06/11	10/05/14		1		*		4.75	%	$	0			$	399	$	402
	Y Joey Taxi Inc ##	Term Loan	01/06/11	01/15/16		1		*		4.88	%	$	0			$	400	$	402
	N & B Taxi Inc ##	Term Loan	06/24/11	06/24/14		1		*		4.50	%	$	0			$	400	$	401
	Anthony Okyere Duah ##	Term Loan	06/10/11	06/10/14		1		*		5.00	%	$	0			$	399	$	400
	Ruckman Hacking Corp ##	Term Loan	10/14/11	10/14/14		1		*		3.75	%	$	0			$	390	$	391
	Luis E Perez ##	Term Loan	04/13/11	04/13/14		1		*		4.50	%	$	0			$	390	$	390
	Ny Berts Cab Corp ##	Term Loan	09/15/10	09/15/13		1		*		6.00	%	$	0			$	383	$	383
	Pierre Jeune ##	Term Loan	07/21/11	07/21/15		1		*		5.00	%	$	0			$	377	$	377
	Tarafdar Abul & Tarafdar Luthf	Term Loan	08/13/10	08/13/13		1		*		7.00	%	$	0			$	373	$	374
	Elsayed A Hassan ##	Term Loan	11/28/11	11/28/14		1		*		4.25	%	$	0			$	372	$	373
	Fernande Paul Cab Corp	Term Loan	04/26/11	04/26/14		1		*		4.88	%	$	0			$	369	$	370
	Shah M Rahman ##	Term Loan	08/15/11	08/15/14		1		*		4.50	%	$	0			$	368	$	367
	Lelio Bresier & Jeanne Bresier ##	Term Loan	04/01/11	04/01/14		1		*		5.00	%	$	0			$	366	$	368
	Nour-Ditmars Zamalek Corp ##	Term Loan	04/01/11	04/01/14		1		*		4.90	%	$	0			$	367	$	367
	Hasina Farazi And Rafiul Faraz ##	Term Loan	08/13/09	08/13/12		1		*		6.13	%	$	0			$	366	$	365
	Rahul Amin ##	Term Loan	03/25/09	03/29/14		1		*		4.00	%	$	0			$	363	$	362
	Vosiem Hacking Corp ##	Term Loan	09/09/11	09/01/14		1		*		4.00	%	$	0			$	354	$	356
	Alexander A Malamud ##	Term Loan	04/20/11	05/01/14		1		*		4.75	%	$	0			$	351	$	352
	Carlot Dalce ##	Term Loan	11/15/10	11/15/13		1		*		5.25	%	$	0			$	344	$	344
	Pierre Cadet ##	Term Loan	03/18/10	03/18/13		1		*		5.50	%	$	0			$	343	$	343
	Gerard G Tema ##	Term Loan	12/06/10	12/06/13		1		*		5.25	%	$	0			$	337	$	338
	Georges Desrosiers ##	Term Loan	06/26/12	06/26/15		1		*		5.00	%	$	0	$	335	$	335	$	337
	Santokh Bangay ##	Term Loan	09/14/09	08/28/14		1		*		4.00	%	$	0			$	333	$	332
	Jean A. Alexandre ##	Term Loan	12/12/11	12/12/14		1		*		4.25	%	$	0			$	330	$	329
	Medora Moreira &Juan Mendoza ##	Term Loan	02/18/11	02/18/14		1		*		5.00	%	$	0			$	325	$	325
	Essa & Soliman Transit Inc ##	Term Loan	05/29/08	12/06/13		1		*		4.75	%	$	0			$	326	$	324
	Sukhdev Singh & Harpal S Bhola ##	Term Loan	04/24/12	04/24/15		1		*		3.75	%	$	0	$	325	$	323	$	324
	Abdullah Zivali ##	Term Loan	03/01/12	03/01/15		1		*		4.00	%	$	0	$	325	$	319	$	320
	Rehmet Khan ##	Term Loan	03/04/11	03/04/14		1		*		4.75	%	$	0			$	319	$	320
	Joslin Fenelus ##	Term Loan	09/16/09	09/16/12		1		*		6.00	%	$	0			$	317	$	316
	Jean B Guerrier ##	Term Loan	08/12/09	08/12/12		1		*		6.50	%	$	0			$	316	$	315
	Mohammmed H Iqbal ##	Term Loan	01/13/09	01/13/13		1		*		6.50	%	$	0			$	310	$	309
	Cody Service Co Inc ##	Term Loan	09/15/10	09/10/15		1		*		5.25	%	$	0			$	306	$	307
	Malkit Singh ##	Term Loan	04/15/11	04/15/14		1		*		5.00	%	$	0			$	302	$	304
	Emerald I Taxi Corp/Mbank	Term Loan	06/01/12	06/01/15		1		*		5.50	%	$	0	$	300	$	300	$	300
	Platform Taxi Service/Mbank	Term Loan	05/04/12	05/04/17		1		*		5.92	%	$	0	$	300	$	300	$	300
	Bj Cab Corp	Term Loan	11/14/11	11/14/14		1		*		5.00	%	$	0			$	294	$	298
	Shahdad Bhatti Cab Corp ##	Term Loan	11/05/10	11/05/13		1		*		5.38	%	$	0			$	297	$	297
	Kornos Taxi Inc ##	Term Loan	05/02/03	08/21/12		1		*		5.63	%	$	0			$	298	$	297
	Bj Cab Corp/Note 2 Of 2	Term Loan	11/14/11	11/14/14		1		*		5.00	%	$	0			$	294	$	296
	Chaim Tepper ##	Term Loan	02/10/11	02/10/14		1		*		5.25	%	$	0			$	293	$	293
	Bella Hacking Corp ##	Term Loan	06/25/04	06/25/16		1		*		6.00	%	$	0			$	288	$	287
	Double Cab Corp ##	Term Loan	07/24/09	07/16/12		1		*		5.50	%	$	0			$	277	$	276
	Serge Bonny ##	Term Loan	03/02/11	03/02/14		1		*		5.00	%	$	0			$	270	$	271
	Tarek Elsaid ##	Term Loan	05/27/11	05/27/14		1		*		4.25	%	$	0			$	268	$	269
	Yberto Santana ##	Term Loan	06/07/12	06/07/15		1		*		4.25	%	$	0	$	257	$	257	$	259
	Kesef Taxi Inc	Term Loan	12/23/10	12/15/15		1		*		4.88	%	$	0			$	251	$	253
	Joubert Toussaint ##	Term Loan	04/17/12	04/17/15		1		*		4.50	%	$	0	$	237	$	236	$	238
	Amos B Baffour-Gyau ##	Term Loan	06/06/12	06/06/15		1		*		5.00	%	$	0	$	230	$	230	$	232

Medallion Financial Corp.

Consolidated Schedule of Investments

June 30, 2012


*(Dollars in thousands)*	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date	Maturity Date	# of Invest.		% of Net Assets		Interest Rate ⁽¹⁾			Capitalized Interest		Original Cost of 2012 Acquisitions ⁽⁵⁾		Cost ⁽⁴⁾		Fair Value
	Mohammad Ashraf Ali ##	Term Loan	01/17/12	01/09/15		1		*		4.00	%	$	0	$	422	$	214	$	216
	Ali Akbar ##	Term Loan	03/04/10	10/11/14		1		*		4.50	%	$	0			$	216	$	215
	Ede Service Corp	Term Loan	07/20/07	07/20/17		1		*		6.75	%	$	0			$	210	$	210
	Abdul H Abid ##	Term Loan	06/09/09	06/09/14		1		*		6.38	%	$	0			$	210	$	210
	Hamilton Transit LLC/Mbank	Term Loan	06/01/12	06/01/15		1		*		5.50	%	$	0	$	200	$	200	$	200
	Chuhar Singh ##	Term Loan	12/02/11	12/02/16		1		*		3.75	%	$	0			$	196	$	198
	Y.A.M. Associates Corp	Term Loan	10/18/11	04/18/14		1		*		6.00	%	$	0			$	195	$	197
	David Taxi Corp	Term Loan	10/05/10	10/04/13		1		*		5.00	%	$	0			$	192	$	193
	Zante Cab Corp/Mbank	Term Loan	02/02/10	02/02/15		1		*		5.81	%	$	0			$	186	$	186
	Jackie L Chaiken & Michael Cha ##	Term Loan	03/16/11	03/16/14		1		*		5.00	%	$	0			$	183	$	184
	Nicolae Blidariu	Term Loan	02/29/08	02/28/23		1		*		6.50	%	$	0			$	183	$	184
	Zorro Taxi Inc	Term Loan	08/09/11	08/09/21		1		*		5.50	%	$	0			$	178	$	180
	Daniel Victor ##	Term Loan	05/06/11	05/06/14		1		*		4.75	%	$	0			$	179	$	180
	Gasless Transit LLC/Bnote	Term Loan	10/23/06	10/23/16		1		*		2.67	%	$	0			$	175	$	175
	Electron Transit LLC/B Note	Term Loan	10/23/06	10/23/16		1		*		2.67	%	$	0			$	175	$	175
	Fusion Transit LLC/B Note	Term Loan	10/23/06	10/23/16		1		*		2.67	%	$	0			$	175	$	175
	Atom Transit LLC/B Note	Term Loan	11/03/06	11/03/16		1		*		3.00	%	$	0			$	175	$	175
	Duracell Transit LLC/B Note	Term Loan	11/03/06	11/03/16		1		*		3.00	%	$	0			$	175	$	175
	Mode Service Corp	Term Loan	06/02/11	06/01/21		1		*		6.00	%	$	0			$	167	$	166
	Norberto Cardona ##	Term Loan	03/30/12	03/30/17		1		*		4.00	%	$	0	$	160	$	155	$	157
	Anastasios Tsiklidis	Term Loan	04/15/11	10/15/18		1		*		5.13	%	$	0			$	149	$	151
	Ede Service Corp/Mfun	Term Loan	07/24/07	07/20/17		1		*		7.50	%	$	0			$	151	$	151
	Joseph Bologna ##	Term Loan	10/06/10	10/01/13		1		*		5.50	%	$	0			$	148	$	149
	Wilfrid Barreau	Term Loan	12/29/09	12/29/16		1		*		5.75	%	$	0			$	145	$	146
	Ny Diploma Taxi Co	Term Loan	07/20/07	07/20/17		1		*		6.75	%	$	0			$	140	$	140
	Yosi Transit Inc	Term Loan	07/20/07	07/20/17		1		*		6.75	%	$	0			$	140	$	140
	Rs Hacking Corp	Term Loan	01/17/12	01/17/15		1		*		4.15	%	$	0	$	1,050	$	126	$	128
	Bitterroot Hacking Corp	Term Loan	02/01/12	02/01/15		1		*		4.25	%	$	0	$	1,400	$	124	$	126
	Jose Perez ##	Term Loan	11/03/98	10/10/12		1		*		7.00	%	$	0			$	113	$	113
	Boris Ushman ##	Term Loan	05/21/03	04/13/15		1		*		5.75	%	$	0			$	109	$	109
	Roman Fermin ##	Term Loan	04/09/09	10/27/14		1		*		4.25	%	$	0			$	108	$	108
	First Eight Grand Corp	Term Loan	10/14/11	10/14/14		1		*		6.26	%	$	0			$	105	$	105
	Ny Diploma Taxi Corp/Mfun	Term Loan	07/24/07	07/20/17		1		*		7.50	%	$	0			$	101	$	101
	King Pierre Taxi Inc	Term Loan	10/18/10	10/15/13		1		*		5.00	%	$	0			$	96	$	97
	Julella Cab Corp	Term Loan	10/21/10	12/22/16		1		*		4.35	%	$	0			$	91	$	92
	Quark Transit LLC/B Note	Term Loan	10/16/06	10/16/16		1		*		3.00	%	$	0			$	85	$	85
	Proton Transit LLC/B Note	Term Loan	10/16/06	10/16/16		1		*		3.00	%	$	0			$	85	$	85
	Neutron Transit LLC/B Note	Term Loan	10/16/06	10/16/16		1		*		3.00	%	$	0			$	85	$	85
	Rechargeable Transit LLC/Bnote	Term Loan	10/16/06	10/16/16		1		*		3.00	%	$	0			$	85	$	85
	Hybrid Transit LLC/B Note	Term Loan	10/23/06	10/23/16		1		*		2.67	%	$	0			$	85	$	85
	Kinetic Transit LLC/B Note	Term Loan	10/31/06	10/31/16		1		*		3.00	%	$	0			$	85	$	85
	Isotope Transit LLC/B Note	Term Loan	10/31/06	10/31/16		1		*		3.00	%	$	0			$	85	$	85
	Lowvolt Transit LLC	Term Loan	10/31/06	10/31/16		1		*		3.00	%	$	0			$	85	$	85
	Mixfuel Transit LLCb Note	Term Loan	10/31/06	10/31/16		1		*		3.00	%	$	0			$	85	$	85
	Juiced Transit LLC/B Note	Term Loan	10/31/06	10/31/16		1		*		3.00	%	$	0			$	85	$	85
	Ny Pisces Taxi Corp	Term Loan	10/18/10	10/15/13		1		*		5.00	%	$	0			$	84	$	85
	King Mario Taxi Inc	Term Loan	10/05/10	10/04/13		1		*		5.00	%	$	0			$	84	$	85
	Ny Cookie Taxi Corp	Term Loan	10/05/10	10/04/13		1		*		5.00	%	$	0			$	84	$	85
	Ny Kind Taxi Corp	Term Loan	10/05/10	10/04/13		1		*		5.00	%	$	0			$	84	$	85
	Bu Taxi LLC/Mbank	Term Loan	12/29/10	12/15/15		1		*		7.40	%	$	0			$	75	$	75
	Carlos Rios	Term Loan	03/11/11	03/11/14		1		*		5.50	%	$	0			$	71	$	72
	Calcium One Service Inc	Term Loan	02/23/07	02/23/17		1		*		2.36	%	$	0			$	71	$	71
	Libnoth Cab Corp/Mbank	Term Loan	09/02/10	09/01/13		1		*		5.00	%	$	0			$	76	$	70
	Heby Taxi Inc./Mbank	Term Loan	09/02/10	09/01/13		1		*		5.00	%	$	0			$	76	$	70
	Eddy Joseph ##	Term Loan	12/20/00	01/01/14		1		*		6.00	%	$	0			$	70	$	70
	Junco Taxi Inc/Mbank	Term Loan	09/02/10	09/01/13		1		*		5.00	%	$	0			$	76	$	70

Medallion Financial Corp.

Consolidated Schedule of Investments

June 30, 2012


*(Dollars in thousands)*	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date	Maturity Date	# of Invest.		% of Net Assets		Interest Rate ⁽¹⁾			Capitalized Interest		Original Cost of 2012 Acquisitions ⁽⁵⁾		Cost ⁽⁴⁾		Fair Value
	Ede Service Corp	Term Loan	07/20/07	07/20/17		1		*		6.75	%	$	0			$	69	$	69
	Ukraine Service Co	Term Loan	04/18/12	04/18/15		1		*		3.75	%	$	0	$	1,250	$	62	$	64
	Kseniya Service Co Inc	Term Loan	04/18/12	04/18/15		1		*		3.75	%	$	0	$	1,250	$	62	$	64
	Avi Taxi Corporation/Mbank	Term Loan	10/14/11	10/14/14		1		*		6.36	%	$	0			$	62	$	62
	Motors Taxi Inc	Term Loan	10/14/11	10/14/14		1		*		6.36	%	$	0			$	62	$	62
	Michael Piccolo ##	Term Loan	05/03/06	03/03/15		1		*		5.50	%	$	0			$	62	$	62
	Honeybee Taxi LLC	Term Loan	01/21/11	12/20/14		1		*		3.75	%	$	0			$	60	$	61
	North Moore Taxi Inc	Term Loan	02/18/11	12/20/14		1		*		3.75	%	$	0			$	60	$	61
	N.Y. Abar Taxi Corp	Term Loan	10/05/10	10/04/13		1		*		5.00	%	$	0			$	60	$	61
	Kesev Taxi Inc	Term Loan	10/05/10	10/04/13		1		*		5.00	%	$	0			$	60	$	61
	N.Y. Yno Taxi Corp	Term Loan	10/05/10	10/04/13		1		*		5.00	%	$	0			$	60	$	61
	Lazaros Taxi Inc	Term Loan	11/01/10	11/01/15		1		*		6.13	%	$	0			$	60	$	60
	Y Mommy Taxi Inc/Mbank	Term Loan	12/23/10	12/15/15		1		*		4.88	%	$	0			$	60	$	60
	Kappa Taxi Inc/Mbank	Term Loan	12/20/11	12/20/14		1		*		6.13	%	$	0			$	59	$	59
	Natlon Hacking Corp	Term Loan	08/17/10	08/16/13		1		*		4.75	%	$	0			$	58	$	59
	Dani Taxi Inc	Term Loan	12/23/10	12/15/15		1		*		4.88	%	$	0			$	55	$	57
	Y Daddy Taxi Inc	Term Loan	12/23/10	12/15/15		1		*		4.88	%	$	0			$	55	$	57
	Appoint Cab Corp/Mbank	Term Loan	12/06/10	12/06/13		1		*		7.96	%	$	0			$	57	$	57
	Composite Transit LLC	Term Loan	11/03/06	11/03/16		1		*		3.00	%	$	0			$	56	$	56
	Blend Transit LLC/B Note	Term Loan	11/03/06	11/03/16		1		*		3.00	%	$	0			$	56	$	56
	Benson Hacking Corp	Term Loan	05/24/12	05/23/15		1		*		3.90	%	$	0	$	1,290	$	52	$	54
	Bedford Taxi LLC	Term Loan	06/01/12	06/01/15		1		*		3.75	%	$	0	$	1,400	$	50	$	52
	Ny Kfar Taxi Corp/Mbank	Term Loan	09/07/10	09/03/13		1		*		5.00	%	$	0			$	56	$	51
	Twinkle Cab Corp/Mbank	Term Loan	09/07/10	09/03/13		1		*		5.00	%	$	0			$	56	$	51
	Mazl Taxi Inc/Mbank	Term Loan	09/07/10	09/07/13		1		*		5.00	%	$	0			$	56	$	51
	Ziva Cab Corp	Term Loan	12/13/11	12/09/15		1		*		3.60	%	$	0			$	49	$	51
	Edgar Transit Inc	Term Loan	12/13/11	12/09/15		1		*		3.60	%	$	0			$	49	$	51
	Sea Transit Inc	Term Loan	12/13/11	12/09/15		1		*		3.60	%	$	0			$	49	$	51
	Soccer Transit Inc	Term Loan	12/13/11	12/09/15		1		*		3.60	%	$	0			$	49	$	51
	Soho Cab Corp	Term Loan	12/23/11	12/22/14		1		*		3.75	%	$	0			$	49	$	51
	Big Ari Taxi Corp	Term Loan	11/21/11	11/21/14		1		*		3.75	%	$	0			$	49	$	51
	Kaderee M & G Corp	Term Loan	12/20/11	12/20/14		1		*		3.75	%	$	0			$	48	$	50
	Wildwood Hacking Corp	Term Loan	12/20/11	12/20/14		1		*		3.75	%	$	0			$	48	$	50
	Avilie Service Inc	Term Loan	03/09/12	03/09/15		1		*		3.75	%	$	0	$	1,200	$	48	$	50
	Samiullah Zaman/Mbank	Term Loan	07/26/11	07/26/14		1		*		8.32	%	$	0			$	50	$	50
	Calcium One Service Inc	Term Loan	02/23/07	02/23/17		1		*		2.36	%	$	0			$	49	$	49
	Central Hacking Corp	Term Loan	10/07/11	10/07/14		1		*		3.75	%	$	0			$	45	$	47
	Bursa Cab Corp/Note 1	Term Loan	03/23/01	09/10/23		1		*		6.00	%	$	0			$	47	$	47
	Aleka Taxi Inc	Term Loan	02/17/12	02/17/17		1		*		4.25	%	$	0	$	900	$	44	$	46
	Angus Cab Corp	Term Loan	02/17/12	02/17/17		1		*		4.25	%	$	0	$	900	$	44	$	46
	Light Cab Corp	Term Loan	02/17/12	02/17/17		1		*		4.25	%	$	0	$	900	$	44	$	46
	Ny Diploma Taxi Co	Term Loan	07/20/07	07/20/17		1		*		6.75	%	$	0			$	46	$	46
	Marg Cab Corp	Term Loan	03/23/11	12/08/15		1		*		3.60	%	$	0			$	44	$	45
	Munchkin Transit Inc	Term Loan	03/23/11	12/08/15		1		*		3.60	%	$	0			$	44	$	45
	Tate Cab Corp	Term Loan	03/23/11	12/08/15		1		*		3.60	%	$	0			$	44	$	45
	W Sar Trans Corp	Term Loan	03/23/11	12/08/15		1		*		3.60	%	$	0			$	44	$	45
	Rus Cab Corp	Term Loan	03/23/11	12/08/15		1		*		3.60	%	$	0			$	44	$	45
	Leka Transit Inc	Term Loan	03/23/11	12/08/15		1		*		3.60	%	$	0			$	44	$	45
	W Lol Trans Corp	Term Loan	03/23/11	12/08/15		1		*		3.60	%	$	0			$	44	$	45
	Specter Cab Corp	Term Loan	03/23/11	12/08/15		1		*		3.60	%	$	0			$	44	$	45
	Nili Trans Corp/Mbnk	Term Loan	03/14/11	03/28/15		1		*		7.66	%	$	0			$	42	$	42
	Sharon Express Cab C	Term Loan	03/14/11	03/28/15		1		*		7.26	%	$	0			$	42	$	42
	Niroosh Express Cab Corp/ Mbnk	Term Loan	03/14/11	03/28/15		1		*		7.66	%	$	0			$	42	$	42
	Bento Trans Corp/Mbnk	Term Loan	03/14/11	03/28/15		1		*		7.66	%	$	0			$	42	$	42
	Batch-Bootch Express Cab/ Mbnk	Term Loan	03/14/11	03/28/15		1		*		7.26	%	$	0			$	42	$	42
	Nosea Taxi LLC	Term Loan	01/06/11	01/15/16		1		*		4.88	%	$	0			$	38	$	40

Medallion Financial Corp.

Consolidated Schedule of Investments

June 30, 2012


*(Dollars in thousands)*	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date	Maturity Date	# of Invest.		% of Net Assets		Interest Rate ⁽¹⁾			Capitalized Interest		Original Cost of 2012 Acquisitions ⁽⁵⁾		Cost ⁽⁴⁾		Fair Value
	Zahav Taxi LLC	Term Loan	12/23/10	12/15/15		1		*		4.88	%	$	0			$	38	$	40
	Humidity Hacking Corp	Term Loan	10/21/10	12/22/16		1		*		4.35	%	$	0			$	38	$	39
	Ravinder Singh & M Multani/Mbk	Term Loan	06/02/11	06/02/14		1		*		10.43	%	$	0			$	38	$	38
	Elias Taxi Inc	Term Loan	02/17/12	02/17/17		1		*		4.25	%	$	0	$	900	$	36	$	38
	Gold One Cab Corp	Term Loan	02/17/12	02/17/17		1		*		4.25	%	$	0	$	900	$	36	$	38
	Copper One Cab Corp	Term Loan	02/17/12	02/17/17		1		*		4.25	%	$	0	$	900	$	36	$	38
	Asterik Cab Co Inc	Term Loan	02/17/12	02/17/17		1		*		4.25	%	$	0	$	900	$	36	$	38
	Agape-Mou Cab Corp	Term Loan	02/17/12	02/17/17		1		*		4.25	%	$	0	$	900	$	36	$	38
	Mbh Cab Corp	Term Loan	02/17/12	02/17/17		1		*		4.25	%	$	0	$	900	$	36	$	38
	Jolene Cab Corp	Term Loan	02/17/12	02/17/17		1		*		4.25	%	$	0	$	900	$	36	$	38
	Julia Rose Hacking Corp./Mbank	Term Loan	10/21/10	12/22/16		1		*		6.73	%	$	0			$	37	$	37
	Oxford Cab Corp	Term Loan	03/20/12	03/20/15		1		*		4.13	%	$	0	$	1,350	$	35	$	37
	Bursa Cab Corp/Note 2	Term Loan	03/23/01	09/10/23		1		*		6.00	%	$	0			$	37	$	37
	Travis R Bazile & Jean Exinvil	Term Loan	10/06/10	10/06/13		1		*		7.58	%	$	0			$	35	$	34
	Neer Cab Corp/Mbnk	Term Loan	10/21/10	12/22/16		1		*		6.73	%	$	0			$	33	$	33
	Amr & Rina Taxi Inc ##	Term Loan	09/27/11	09/27/16		1		*		6.00	%	$	0			$	30	$	32
	Y Michal Taxi Inc	Term Loan	01/11/11	01/15/16		1		*		4.88	%	$	0			$	30	$	32
	N&A Taxi Inc	Term Loan	01/11/11	01/15/16		1		*		4.88	%	$	0			$	30	$	32
	S&M Taxi Inc	Term Loan	01/11/11	01/15/16		1		*		4.88	%	$	0			$	30	$	32
	Y Mati Taxi Inc	Term Loan	01/11/11	01/15/16		1		*		4.88	%	$	0			$	30	$	32
	M.M.Y Taxi Inc	Term Loan	01/11/11	01/15/16		1		*		4.88	%	$	0			$	30	$	32
	Y Meir Taxi Inc	Term Loan	01/11/11	01/15/16		1		*		4.88	%	$	0			$	30	$	32
	Y Mike Taxi Inc	Term Loan	01/06/11	01/15/16		1		*		4.88	%	$	0			$	30	$	32
	Nestor R Trivino	Term Loan	02/22/12	02/22/15		1		*		10.00	%	$	0	$	32	$	28	$	30
	Sonia M Trivino	Term Loan	02/22/12	02/22/15		1		*		10.00	%	$	0	$	32	$	28	$	30
	Y.A.M. Associates Corp	Term Loan	11/14/11	05/14/14		1		*		6.00	%	$	0			$	25	$	27
	Dominique Ismael &	Term Loan	11/15/10	11/15/13		1		*		5.50	%	$	0			$	26	$	27
	Gerard G Tema	Term Loan	12/06/10	12/06/13		1		*		6.50	%	$	0			$	25	$	26
	Brandon Taxi LLC/Mbank	Term Loan	11/24/10	11/20/15		1		*		6.63	%	$	0			$	26	$	26
	Barth Taxi LLC/Mbank	Term Loan	11/24/10	11/20/15		1		*		6.63	%	$	0			$	26	$	26
	Mohammed Abdu & H Hedru/ Mbank	Term Loan	08/11/06	08/04/12		1		*		8.01	%	$	0			$	26	$	26
	Trylon Transit Inc/Mbank	Term Loan	12/08/09	12/22/16		1		*		6.72	%	$	0			$	26	$	26
	Pikada Transit Inc/Mbank	Term Loan	12/08/09	12/22/16		1		*		6.72	%	$	0			$	26	$	26
	Trojan Cab Corp/Mbank	Term Loan	12/08/09	12/22/16		1		*		6.72	%	$	0			$	26	$	26
	Jaspal Singh/Mbank	Term Loan	10/27/10	10/27/13		1		*		7.00	%	$	0			$	25	$	25
	Yegal Express Cab Co/Mbank	Term Loan	11/10/10	11/10/13		1		*		10.13	%	$	0			$	24	$	24
	Mry Taxi Inc	Term Loan	12/23/10	12/15/15		1		*		4.88	%	$	0			$	21	$	23
	Ronen Taxi Inc	Term Loan	12/23/10	12/15/15		1		*		4.88	%	$	0			$	21	$	23
	Opera Taxi Inc	Term Loan	12/23/10	12/15/15		1		*		4.88	%	$	0			$	21	$	23
	Tyme Cab Corp	Term Loan	04/04/06	04/15/14		1		*		4.50	%	$	0			$	22	$	22
	Joseph Gerard Pierre	Term Loan	02/06/12	02/06/17		1		*		8.00	%	$	0	$	20	$	19	$	21
	Guy Fouyolle ##	Term Loan	08/18/11	08/18/15		1		*		4.75	%	$	0			$	18	$	20
	Erwich Chery	Term Loan	05/03/12	05/03/16		1		*		6.00	%	$	0	$	17	$	17	$	19
	West Express Cab Corp/Nt 2/Mbk	Term Loan	03/19/10	07/28/14		1		*		6.17	%	$	0			$	19	$	18
	Redouan Laghiti/Mbnk	Term Loan	12/05/08	08/26/16		1		*		8.32	%	$	0			$	18	$	18
	2 Brothers Cab Corp	Term Loan	10/14/11	10/14/14		1		*		3.75	%	$	0			$	16	$	18
	Nobert Auguste	Term Loan	09/01/11	09/01/14		1		*		14.00	%	$	0			$	14	$	16
	Strivers Way Inc	Term Loan	09/26/11	09/26/14		1		*		7.00	%	$	0			$	13	$	15
	Doreen Express Cab Corp/Mbank	Term Loan	03/22/10	03/22/20		1		*		5.75	%	$	0			$	15	$	15
	Headway Transportation Inc	Term Loan	09/26/11	09/26/14		1		*		7.00	%	$	0			$	13	$	15
	Jean M Venord/Mbank	Term Loan	02/11/10	04/10/15		1		*		6.38	%	$	0			$	15	$	15
	Humyoun Kabir/Mbank	Term Loan	08/18/10	08/16/13		1		*		6.17	%	$	0			$	14	$	12
	Lakhbir Sing & Kuldi ##	Term Loan	08/17/98	12/01/12		1		*		6.85	%	$	0			$	11	$	11
	Jean A. Alexandre	Term Loan	05/31/12	11/30/13		1		*		4.75	%	$	0	$	5	$	5	$	7
	Alexander Vizueta	Term Loan	05/22/12	05/22/14		1		*		5.25	%	$	0	$	5	$	5	$	7
	West Express Cab Corp/Nt 1/Mbk	Term Loan	03/19/10	07/28/14		1		*		6.17	%	$	0			$	6	$	6

Medallion Financial Corp.

Consolidated Schedule of Investments

June 30, 2012


*(Dollars in thousands)*	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date	Maturity Date	# of Invest.		% of Net Assets			Interest Rate ⁽¹⁾			Capitalized Interest		Original Cost of 2012 Acquisitions ⁽⁵⁾		Cost ⁽⁴⁾		Fair Value
	Jamcie Service Co Inc/Mbank	Term Loan	06/29/09	07/28/14		1		*			6.05	%	$	0			$	5	$	5
	Jorge R Sahad/Mbank	Term Loan	04/27/10	02/03/15		1		*			8.83	%	$	0			$	5	$	5
	Two Filoi Taxi Inc	Term Loan	01/15/04	01/15/14		1		*			5.75	%	$	0			$	3	$	3
	Wagon Service Corp	Term Loan	05/14/10	05/14/13		1		*			6.50	%	$	0			$	2	$	3
	Wilfrid Barreau	Term Loan	12/29/09	12/29/12		1		*			6.50	%	$	0			$	2	$	2
Chicago						120		17	%		5.45	%	$	0	$	19,206	$	35,355	$	35,474
	Cozy Cab Et Al ##	Term Loan	12/22/11	12/22/14		1		2	%		5.50	%	$	0			$	3,406	$	3,403
	Sweetgrass Peach &Chadwick Cap ##	Term Loan	11/23/11	11/23/14		1		1	%		5.75	%	$	0			$	1,505	$	1,503
	Chicago Medallion Nine LLC ##	Term Loan	05/02/12	05/02/17		1		1	%		5.75	%	$	0	$	1,440	$	1,430	$	1,428
	Johns Cabs Corp ##	Term Loan	04/12/12	04/12/15		1		*			5.00	%	$	0	$	1,050	$	1,047	$	1,046
	Chicago Medallion Two LLC ##	Term Loan	12/02/11	12/02/16		1		*			5.75	%	$	0			$	954	$	953
	Chicago Medallion Three LLC ##	Term Loan	12/02/11	12/02/16		1		*			5.75	%	$	0			$	954	$	953
	Chicago Medallion Four LLC ##	Term Loan	12/02/11	12/02/16		1		*			5.75	%	$	0			$	954	$	953
	Chicago Medallion One LLC ##	Term Loan	12/02/11	12/02/16		1		*			5.75	%	$	0			$	954	$	953
	Deka Cab Corp (Chicago) ##	Term Loan	03/27/12	03/27/15		1		*			4.50	%	$	0	$	900	$	895	$	897
	Hudson Cab Corp ##	Term Loan	03/27/12	03/27/15		1		*			4.50	%	$	0	$	900	$	895	$	897
	Blue Eyes Cab Corp ##	Term Loan	08/02/11	08/02/14		1		*			5.75	%	$	0			$	851	$	850
	Lucky Seven Chicago One Inc ##	Term Loan	08/02/11	08/02/14		1		*			5.75	%	$	0			$	851	$	850
	Harriet C Inc ##	Term Loan	10/25/11	10/25/14		1		*			5.70	%	$	0			$	720	$	720
	Tribeca Two Cab Corp ##	Term Loan	03/27/12	03/27/15		1		*			4.50	%	$	0	$	720	$	716	$	718
	Stny Taxi Corp ##	Term Loan	03/27/12	03/27/15		1		*			4.50	%	$	0	$	720	$	716	$	718
	Santorini Six Cab Corp ##	Term Loan	03/27/12	03/27/15		1		*			4.50	%	$	0	$	720	$	716	$	718
	Santorini Five Cab Corp ##	Term Loan	03/27/12	03/27/15		1		*			4.50	%	$	0	$	720	$	716	$	718
	Santorini Four Cab Corp ##	Term Loan	03/27/12	03/27/15		1		*			4.50	%	$	0	$	720	$	716	$	718
	Santorini Two Cab Corp ##	Term Loan	03/27/12	03/27/15		1		*			4.50	%	$	0	$	720	$	716	$	718
	Tribeca Three Cab Corp ##	Term Loan	03/27/12	03/27/15		1		*			4.50	%	$	0	$	720	$	716	$	718
	Deka Three Cab Corp ##	Term Loan	03/27/12	03/27/15		1		*			4.50	%	$	0	$	720	$	716	$	718
	Chicago Medallion Seven LLC ##	Term Loan	05/02/12	05/02/17		1		*			5.75	%	$	0	$	720	$	715	$	715
	Mike Taxi Corp ##	Term Loan	02/24/11	02/24/14		1		*			5.50	%	$	0			$	524	$	525
	Natalia Taxi Corp ##	Term Loan	02/24/11	02/24/14		1		*			5.50	%	$	0			$	523	$	524
	Carol Of Illinois Enterprises ##	Term Loan	03/29/12	03/29/17		1		*			6.00	%	$	0	$	495	$	493	$	494
	M&N 5th Avenue Hacking Corp ##	Term Loan	02/24/11	02/24/14		1		*			5.50	%	$	0			$	467	$	468
	Blue Valentine Cab Corp	Term Loan	12/22/10	10/14/14		1		*			5.00	%	$	0			$	420	$	421
	Tumblin Dice Taxi Inc	Term Loan	12/22/10	10/14/14		1		*			5.00	%	$	0			$	420	$	421
	Moo Moo Cab Co ##	Term Loan	12/27/10	10/14/14		1		*			5.00	%	$	0			$	409	$	409
	Rahwa & Bros Cab Co ##	Term Loan	11/01/11	11/01/16		1		*			6.00	%	$	0			$	333	$	334
	Musanour Cab Inc ##	Term Loan	12/16/11	12/16/16		1		*			5.75	%	$	0			$	322	$	323
	Good Cab Corp/Mbank	Term Loan	03/27/12	03/27/15		1		*			4.73	%	$	0	$	296	$	295	$	295
	American Buffalo Cab Corp	Term Loan	12/22/10	10/14/14		1		*			5.00	%	$	0			$	280	$	281
	Deka Two Cab Corp	Term Loan	03/27/12	03/27/15		1		*			4.74	%	$	0	$	280	$	279	$	279
	Valasia Cab Co ##	Term Loan	01/18/12	01/18/15		1		*			5.00	%	$	0	$	280	$	277	$	278
	Lmb Taxi Iv Inc ##	Term Loan	02/24/11	02/24/14		1		*			5.50	%	$	0			$	268	$	269
	Lmb Taxi V Inc ##	Term Loan	02/24/11	02/24/14		1		*			5.50	%	$	0			$	268	$	268
	Chicago Seven Inc	Term Loan	08/03/11	08/03/14		1		*			5.75	%	$	0			$	261	$	262
	Showcase Sports Management Cor ##	Term Loan	01/22/10	01/22/13		1		*			6.00	%	$	0			$	234	$	233
	Jbl Express Ii Inc	Term Loan	11/04/11	11/04/15		1		*			5.75	%	$	0			$	178	$	180
	Taxi For Less Inc	Term Loan	05/01/12	05/01/15		1		*			5.75	%	$	0	$	175	$	175	$	177
	Michael Two Cab Corp ##	Term Loan	02/24/11	02/24/14		1		*			5.50	%	$	0			$	167	$	168
	Significant Trans Inc ##	Term Loan	04/06/12	04/06/17		1		*			6.50	%	$	0	$	165	$	164	$	165
	Semhar Corp ##	Term Loan	01/31/12	01/31/17		1		*			6.00	%	$	0	$	165	$	164	$	165
	Shere Corp ##	Term Loan	01/04/12	01/04/17		1		*			6.00	%	$	0	$	165	$	163	$	164
	Tahoora Transportation Inc. ##	Term Loan	01/04/12	01/04/17		1		*			6.00	%	$	0	$	165	$	163	$	164
	Naneffe Inc ##	Term Loan	02/27/12	02/27/17		1		*			6.00	%	$	0	$	163	$	161	$	162
	Aniba Management & Services In ##	Term Loan	12/16/11	12/16/16		1		*			5.75	%	$	0			$	161	$	162
	Zeyrefda Inc	Term Loan	03/06/12	03/06/17		1		*			6.00	%	$	0	$	161	$	159	$	161

Medallion Financial Corp.

Consolidated Schedule of Investments

June 30, 2012


*(Dollars in thousands)*	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date	Maturity Date	# of Invest.		% of Net Assets		Interest Rate ⁽¹⁾			Capitalized Interest		Original Cost of 2012 Acquisitions ⁽⁵⁾		Cost ⁽⁴⁾		Fair Value
	Alex Z Cab Corp	Term Loan	12/01/11	12/01/16		1		*		6.00	%	$	0			$	155	$	157
	Tad Taxi Co	Term Loan	12/01/11	12/01/16		1		*		6.00	%	$	0			$	155	$	157
	Harris 6741 Inc	Term Loan	03/02/11	03/02/16		1		*		6.50	%	$	0			$	152	$	153
	Jpg Cab Corp	Term Loan	04/23/12	04/23/17		1		*		6.50	%	$	0	$	151	$	150	$	152
	Tasha Ride Inc	Term Loan	03/15/11	03/15/16		1		*		6.50	%	$	0			$	148	$	149
	Asmara Cab Company ##	Term Loan	12/01/11	12/01/16		1		*		6.00	%	$	0			$	146	$	147
	Asmara Inc	Term Loan	01/03/12	01/03/17		1		*		6.00	%	$	0	$	144	$	141	$	143
	Little Wing Cab Corp	Term Loan	04/15/11	10/14/14		1		*		5.00	%	$	0			$	141	$	142
	Lemlemu Inc	Term Loan	03/11/11	03/11/16		1		*		6.50	%	$	0			$	140	$	141
	Little Wing Cab Corp	Term Loan	12/22/10	10/14/14		1		*		5.00	%	$	0			$	140	$	141
	Tedom Inc	Term Loan	02/14/11	02/14/15		1		*		6.50	%	$	0			$	134	$	135
	Ultra Investment Corp ##	Term Loan	03/22/11	03/22/16		1		*		6.50	%	$	0			$	135	$	136
	Jatt Inc	Term Loan	02/23/11	02/23/16		1		*		6.50	%	$	0			$	131	$	132
	Yenemekoya Inc	Term Loan	03/15/12	03/15/17		1		*		6.00	%	$	0	$	130	$	128	$	130
	Mekleteelsa Inc	Term Loan	01/27/11	01/27/15		1		*		6.50	%	$	0			$	129	$	130
	Alem B Cab Inc ##	Term Loan	12/09/10	12/09/15		1		*		6.00	%	$	0			$	128	$	129
	Annabelle Cab Corporation ##	Term Loan	12/29/10	12/29/14		1		*		6.50	%	$	0			$	127	$	128
	Three Kids Corp	Term Loan	10/05/11	10/05/16		1		*		6.00	%	$	0			$	126	$	128
	Kayla Hacking Corp ##	Term Loan	02/24/11	02/24/14		1		*		5.50	%	$	0			$	124	$	125
	Imc Cab Corp	Term Loan	08/27/10	04/26/15		1		*		5.00	%	$	0			$	124	$	125
	Interwoodex Inc ##	Term Loan	11/02/10	11/02/14		1		*		6.50	%	$	0			$	124	$	125
	Karbala Express Inc	Term Loan	08/02/10	08/02/15		1		*		7.00	%	$	0			$	124	$	125
	Alexandra School Cor ##	Term Loan	06/15/10	06/15/15		1		*		7.00	%	$	0			$	118	$	122
	Bedford Cab Two Corp	Term Loan	07/30/10	04/26/15		1		*		5.00	%	$	0			$	122	$	123
	M And L Taxi Corp	Term Loan	07/30/10	07/30/15		1		*		6.00	%	$	0			$	118	$	119
	Delina Cab Inc	Term Loan	12/21/10	12/21/15		1		*		6.00	%	$	0			$	117	$	119
	Adi Express Inc	Term Loan	08/03/10	08/03/15		1		*		6.75	%	$	0			$	117	$	118
	Pireas Taxi Corp ##	Term Loan	01/25/12	01/25/15		1		*		5.00	%	$	0	$	116	$	115	$	116
	Nour Enterprise Inc ##	Term Loan	03/10/10	03/10/14		1		*		7.75	%	$	0			$	112	$	113
	Kale Trans Inc ##	Term Loan	09/23/10	09/23/15		1		*		6.00	%	$	0			$	106	$	107
	Santorini Cab Corp/Mbank	Term Loan	03/27/12	03/27/15		1		*		6.79	%	$	0	$	105	$	105	$	105
	Measho Cab Corp	Term Loan	06/16/11	06/16/16		1		*		6.50	%	$	0			$	103	$	105
	Paik Cab Co	Term Loan	05/26/10	05/26/15		1		*		8.50	%	$	0			$	100	$	101
	Sny Cab Inc ##	Term Loan	12/14/11	12/14/16		1		*		6.00	%	$	0			$	94	$	95
	Mikhalia Cabs Nine Inc ##	Term Loan	02/24/11	02/24/14		1		*		5.50	%	$	0			$	94	$	95
	Tigray Cab Inc	Term Loan	12/03/10	12/03/15		1		*		6.50	%	$	0			$	90	$	92
	Nakfa Corp	Term Loan	07/30/10	07/30/13		1		*		6.50	%	$	0			$	89	$	90
	Addis Flower Taxi Cab Service	Term Loan	05/23/11	05/23/16		1		*		6.50	%	$	0			$	86	$	87
	Antar Trans Inc	Term Loan	02/23/11	02/23/16		1		*		6.50	%	$	0			$	72	$	73
	Moses J Frank ##	Term Loan	05/21/12	05/21/17		1		*		8.00	%	$	0	$	70	$	70	$	72
	Tyrone Henderson &	Term Loan	11/21/11	11/21/16		1		*		7.25	%	$	0			$	64	$	66
	Any Cab Corp	Term Loan	03/27/12	03/27/15		1		*		4.50	%	$	0	$	1,062	$	53	$	55
	Haris Taxi Corp ##	Term Loan	01/11/12	01/11/17		1		*		6.00	%	$	0	$	55	$	53	$	55
	New Flower Inc ##	Term Loan	12/13/10	12/13/15		1		*		6.50	%	$	0			$	53	$	54
	Big City Taxi Corp/Mbank	Term Loan	03/27/12	03/27/15		1		*		6.83	%	$	0	$	48	$	48	$	48
	Tribeca Cab Corp/Mbank	Term Loan	03/27/12	03/27/15		1		*		6.83	%	$	0	$	48	$	48	$	48
	N And M Valdof Hacking Corp	Term Loan	02/24/11	02/24/14		1		*		5.50	%	$	0			$	46	$	47
	Oia Cab Corp	Term Loan	03/27/12	03/27/15		1		*		4.50	%	$	0	$	890	$	45	$	47
	Natasha Transportation Inc	Term Loan	02/24/11	02/24/14		1		*		5.50	%	$	0			$	42	$	43
	Chicago Jacal Hacking Corp	Term Loan	02/24/11	02/24/14		1		*		5.50	%	$	0			$	42	$	43
	Laight Taxi Corp	Term Loan	03/27/12	03/27/15		1		*		4.50	%	$	0	$	712	$	36	$	38
	Madison Cab Corp	Term Loan	03/27/12	03/27/15		1		*		4.50	%	$	0	$	712	$	36	$	38
	Santorini Three Cab Corp/Mbank	Term Loan	03/27/12	03/27/15		1		*		6.79	%	$	0	$	30	$	30	$	30
	Greenwich Cab Corp	Term Loan	03/27/12	03/27/15		1		*		4.50	%	$	0	$	531	$	27	$	29
	Deal Cab Inc/Mbank	Term Loan	12/29/10	10/14/14		1		*		7.47	%	$	0			$	27	$	27
	Baby Blue Cab Corp/Mbank	Term Loan	12/29/10	10/14/14		1		*		7.47	%	$	0			$	27	$	27

Medallion Financial Corp.

Consolidated Schedule of Investments

June 30, 2012


*(Dollars in thousands)*	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date	Maturity Date	# of Invest.		% of Net Assets			Interest Rate ⁽¹⁾			Capitalized Interest		Original Cost of 2012 Acquisitions ⁽⁵⁾		Cost ⁽⁴⁾		Fair Value
	Chicago Jacal Hacking Ii Corp	Term Loan	02/24/11	02/24/14		1		*			5.50	%	$	0			$	23	$	24
	Mai Sheka Inc	Term Loan	06/27/11	06/27/16		1		*			6.50	%	$	0			$	22	$	24
	Mike Nat Hacking Chicago Corp	Term Loan	02/24/11	02/24/14		1		*			5.50	%	$	0			$	21	$	22
	Bks Hacking Chicago Corp	Term Loan	02/24/11	02/24/14		1		*			5.50	%	$	0			$	21	$	22
	Rahel Express Inc	Term Loan	06/29/12	06/29/16		1		*			5.75	%	$	0	$	20	$	20	$	22
	Aniba Management & Services In	Term Loan	05/21/12	05/21/14		1		*			5.75	%	$	0	$	20	$	19	$	21
	Loni’s Two Cab Corp	Term Loan	02/24/11	02/24/14		1		*			5.50	%	$	0			$	20	$	21
	Brilon One Cab Corp	Term Loan	02/24/11	02/24/14		1		*			5.50	%	$	0			$	20	$	21
	Musanour Cab Inc	Term Loan	03/15/12	03/15/15		1		*			5.75	%	$	0	$	20	$	18	$	20
	Any Cab Two Corp	Term Loan	03/27/12	03/27/15		1		*			4.50	%	$	0	$	354	$	18	$	20
	Franklin Taxi LLC	Term Loan	03/27/12	03/27/15		1		*			4.50	%	$	0	$	354	$	18	$	20
	St Petersburg Taxi LLC	Term Loan	03/27/12	03/27/15		1		*			4.50	%	$	0	$	354	$	18	$	20
	Midnight Moonlight Taxi Inc/Mb	Term Loan	12/28/10	10/14/14		1		*			7.47	%	$	0			$	14	$	14
	C&J Trans Inc &	Term Loan	03/03/10	09/03/12		1		*			7.00	%	$	0			$	5	$	5
	Mai-Nefhi Trans Inc/Mbank	Term Loan	12/16/10	12/16/15		1		*			8.75	%	$	0			$	4	$	4
Newark						99		8	%		7.11	%	$	0	$	2,423	$	16,625	$	16,703
	United Seven Trans Inc	Term Loan	06/14/12	06/14/17		1		*			5.75	%	$	0	$	290	$	290	$	292
	United Seven Trans Inc	Term Loan	06/14/12	06/14/17		1		*			5.75	%	$	0	$	260	$	260	$	262
	Levangile Milcent	Term Loan	05/17/12	05/17/15		1		*			5.75	%	$	0	$	257	$	257	$	259
	085 Force LLC &	Term Loan	02/17/11	02/17/15		1		*			7.00	%	$	0			$	255	$	257
	R And B Taxi Company	Term Loan	01/15/10	01/14/14		1		*			7.00	%	$	0			$	254	$	254
	Rachel LLC	Term Loan	04/14/11	04/14/15		1		*			7.50	%	$	0			$	252	$	254
	Lesly Jeanjoseph	Term Loan	01/09/09	01/08/13		1		*			7.50	%	$	0			$	252	$	252
	Serge Garcon ##	Term Loan	02/16/12	02/16/16		1		*			6.00	%	$	0	$	250	$	248	$	249
	Grec Taxi Corp	Term Loan	12/08/11	12/08/15		1		*			6.00	%	$	0			$	247	$	249
	Mido Taxi Inc ##	Term Loan	12/04/08	12/04/12		1		*			7.50	%	$	0			$	249	$	248
	Josh & Becka Taxi Inc &	Term Loan	01/15/10	01/15/13		1		*			7.25	%	$	0			$	244	$	244
	M.K. Taxi Inc	Term Loan	04/14/11	04/14/15		1		*			6.75	%	$	0			$	242	$	244
	Wilner Novaly	Term Loan	08/12/10	07/22/14		1		*			7.50	%	$	0			$	241	$	242
	P.C. Taxi Corp ##	Term Loan	10/07/10	10/07/14		1		*			7.50	%	$	0			$	241	$	242
	Romise Fils-Aime	Term Loan	06/10/10	06/10/14		1		*			7.50	%	$	0			$	238	$	239
	Ekny Fils-Aime ##	Term Loan	10/17/11	10/17/16		1		*			6.25	%	$	0			$	236	$	238
	Jean Milo Saintus ##	Term Loan	02/16/12	02/16/16		1		*			6.00	%	$	0	$	239	$	237	$	237
	Semsema Trans Corporation	Term Loan	05/17/12	05/17/17		1		*			6.00	%	$	0	$	232	$	231	$	233
	S.J.L.T Joujean Inc	Term Loan	03/15/12	03/15/16		1		*			6.00	%	$	0	$	232	$	231	$	233
	Lagrande Taxi Corp	Term Loan	12/11/09	12/03/13		1		*			7.50	%	$	0			$	226	$	226
	Maitre Joa LLC	Term Loan	08/04/11	08/04/15		1		*			7.50	%	$	0			$	223	$	223
	Jacob Joseph ##	Term Loan	04/02/09	04/02/13		1		*			8.50	%	$	0			$	224	$	224
	Dern #2 Taxi Inc	Term Loan	09/16/10	09/16/14		1		*			7.50	%	$	0			$	221	$	222
	Cmgv #2 Taxi Inc	Term Loan	09/16/10	09/16/14		1		*			7.50	%	$	0			$	221	$	222
	Carvin Taxi Inc	Term Loan	04/14/11	04/14/15		1		*			7.00	%	$	0			$	219	$	221
	Hg & Zg Corporation	Term Loan	09/17/09	09/17/12		1		*			7.25	%	$	0			$	219	$	219
	Joseph Duverneau ##	Term Loan	02/17/11	02/17/15		1		*			7.00	%	$	0			$	218	$	219
	One At A Time Time Transport I	Term Loan	06/10/10	06/10/13		1		*			6.00	%	$	0			$	218	$	219
	Erick Fleuridor ##	Term Loan	08/07/08	08/07/12		1		*			8.75	%	$	0			$	218	$	217
	Jean Dalcy ##	Term Loan	05/12/11	05/12/14		1		*			7.00	%	$	0			$	216	$	217
	Joseph And Jamar Inc ##	Term Loan	10/07/10	10/07/14		1		*			7.50	%	$	0			$	214	$	215
	Marcillino Corp ##	Term Loan	09/04/08	09/04/13		1		*			7.50	%	$	0			$	214	$	214
	Stany Inc	Term Loan	05/12/11	05/12/15		1		*			6.75	%	$	0			$	209	$	211
	Fils Julien ##	Term Loan	09/03/09	09/03/13		1		*			7.50	%	$	0			$	210	$	210
	Luckner Etienne ##	Term Loan	02/05/09	02/13/13		1		*			7.25	%	$	0			$	208	$	208
	Gerard Revolus	Term Loan	05/15/08	05/14/16		1		*			6.00	%	$	0			$	209	$	207
	Alix Exavier ##	Term Loan	04/02/09	04/02/13		1		*			7.50	%	$	0			$	204	$	203
	Timax 426 Inc	Term Loan	02/05/09	02/05/13		1		*			7.50	%	$	0			$	201	$	201
	Marie Augustin	Term Loan	02/04/10	02/04/14		1		*			7.50	%	$	0			$	200	$	200

Medallion Financial Corp.

Consolidated Schedule of Investments

June 30, 2012


*(Dollars in thousands)*	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date	Maturity Date	# of Invest.		% of Net Assets		Interest Rate ⁽¹⁾			Capitalized Interest		Original Cost of 2012 Acquisitions ⁽⁵⁾		Cost ⁽⁴⁾		Fair Value
	Herve Dameus & James Dameus ##	Term Loan	01/25/11	01/20/15		1		*		7.50	%	$	0			$	196	$	197
	Zoune Taxi #2 Inc ##	Term Loan	10/12/11	10/06/16		1		*		7.50	%	$	0			$	195	$	197
	Matias Paul ##	Term Loan	05/12/11	05/12/15		1		*		6.75	%	$	0			$	195	$	196
	Thomas Lahens ##	Term Loan	06/09/11	06/09/15		1		*		6.75	%	$	0			$	196	$	196
	Daniel Charles 2nd	Term Loan	12/30/09	12/30/13		1		*		8.00	%	$	0			$	195	$	195
	Mfc Taxi Corp ##	Term Loan	09/20/11	09/19/16		1		*		6.50	%	$	0			$	194	$	195
	Chell 11 Corp	Term Loan	08/12/10	08/05/14		1		*		7.00	%	$	0			$	191	$	192
	Jodieu Taxi Inc	Term Loan	09/17/09	09/17/13		1		*		8.50	%	$	0			$	190	$	190
	Micheline Luxeus ##	Term Loan	01/08/09	01/08/13		1		*		7.50	%	$	0			$	191	$	191
	Sergo Xavier Previlon ##	Term Loan	10/15/09	10/15/13		1		*		7.50	%	$	0			$	186	$	186
	Marie Jeanne Philemon	Term Loan	07/07/11	07/07/15		1		*		6.50	%	$	0			$	181	$	183
	Just 8 Taxi #2 Inc ##	Term Loan	09/20/11	09/19/15		1		*		6.00	%	$	0			$	181	$	182
	Erick Fleuridor	Term Loan	12/15/09	12/02/13		1		*		7.75	%	$	0			$	175	$	175
	Cassandra & Joseph Sejour Inc	Term Loan	04/09/10	04/09/14		1		*		7.75	%	$	0			$	174	$	175
	Bidon Taxi Inc	Term Loan	08/04/11	08/04/15		1		*		6.50	%	$	0			$	173	$	175
	Saintilia Charles ##	Term Loan	09/13/10	09/13/14		1		*		7.50	%	$	0			$	173	$	173
	Adieula Figaro ##	Term Loan	10/06/11	10/06/15		1		*		6.00	%	$	0			$	171	$	173
	Simone Francois ##	Term Loan	05/06/11	05/06/15		1		*		7.75	%	$	0			$	170	$	171
	Sonson Taxi Inc	Term Loan	04/09/10	04/09/14		1		*		7.75	%	$	0			$	166	$	167
	Jeannot Louis	Term Loan	06/11/09	06/11/13		1		*		7.00	%	$	0			$	166	$	166
	Charata Taxi Inc	Term Loan	04/09/10	04/09/14		1		*		7.75	%	$	0			$	163	$	164
	Antoines Dortin ##	Term Loan	08/12/10	08/12/14		1		*		7.50	%	$	0			$	158	$	159
	Ahmad Taxi Inc	Term Loan	06/09/11	06/09/16		1		*		6.75	%	$	0			$	156	$	158
	424 Taxi LLC	Term Loan	01/20/12	01/20/17		1		*		7.00	%	$	0	$	155	$	153	$	155
	0127 Incorporated ##	Term Loan	08/07/08	08/07/12		1		*		8.00	%	$	0			$	153	$	153
	Mebele Pierre ##	Term Loan	10/07/10	10/07/14		1		*		7.25	%	$	0			$	150	$	151
	Forward Taxi Corp	Term Loan	03/15/12	03/15/17		1		*		6.00	%	$	0	$	150	$	148	$	150
	Charles Agesilas ##	Term Loan	07/10/09	07/10/14		1		*		7.50	%	$	0			$	149	$	149
	Yves Frantz Philemon	Term Loan	01/20/11	01/20/15		1		*		7.50	%	$	0			$	139	$	141
	Renelus Dieujuste ##	Term Loan	12/03/09	12/03/13		1		*		7.50	%	$	0			$	138	$	138
	Jovin Taxi Inc ##	Term Loan	03/09/09	03/09/13		1		*		7.50	%	$	0			$	138	$	138
	Three Sons 2 Taxi Inc	Term Loan	10/15/09	10/15/15		1		*		8.00	%	$	0			$	136	$	136
	E-Z-4-U Inc	Term Loan	01/19/12	01/19/16		1		*		6.00	%	$	0	$	139	$	132	$	134
	Bettie Jean	Term Loan	10/11/07	10/11/12		1		*		8.75	%	$	0			$	134	$	134
	Alhayat Taxi Inc	Term Loan	07/07/11	07/07/15		1		*		7.25	%	$	0			$	131	$	133
	Louibert Julien	Term Loan	06/19/09	06/19/14		1		*		7.00	%	$	0			$	129	$	129
	Lucita Dorely	Term Loan	10/16/09	10/15/13		1		*		8.50	%	$	0			$	129	$	129
	Amilcar Prophete	Term Loan	04/02/09	04/02/13		1		*		7.50	%	$	0			$	127	$	127
	Olga Morales	Term Loan	03/15/12	03/15/16		1		*		6.00	%	$	0	$	126	$	125	$	127
	Don Taxi Corp ##	Term Loan	09/02/10	09/02/14		1		*		7.50	%	$	0			$	109	$	110
	Saintvill #2 Taxi Corp	Term Loan	12/14/09	12/03/13		1		*		7.50	%	$	0			$	101	$	101
	Gerald Jean-Louis ##	Term Loan	04/02/09	04/02/13		1		*		8.50	%	$	0			$	96	$	96
	Praise The Lord Taxi Inc	Term Loan	05/20/11	05/20/15		1		*		6.75	%	$	0			$	91	$	93
	Clameus Estimable	Term Loan	05/06/10	05/06/14		1		*		7.50	%	$	0			$	91	$	92
	Gethsemane Inc	Term Loan	02/27/09	02/27/14		1		*		7.68	%	$	0			$	90	$	90
	Pierre Sterling	Term Loan	01/19/12	01/19/17		1		*		6.00	%	$	0	$	93	$	86	$	88
	Pegy Taxi Corp	Term Loan	02/17/11	02/17/17		1		*		6.50	%	$	0			$	86	$	88
	Mr Clean Sdam Taxi LLC &	Term Loan	06/09/11	06/09/15		1		*		6.75	%	$	0			$	84	$	86
	Webert Joseph	Term Loan	02/17/11	02/17/17		1		*		6.50	%	$	0			$	70	$	72
	Jean Belony	Term Loan	06/09/11	06/09/16		1		*		6.50	%	$	0			$	64	$	66
	100 Taxi #2 Corp	Term Loan	07/25/08	07/25/15		1		*		8.00	%	$	0			$	59	$	59
	Abanob Trans Inc	Term Loan	06/14/07	06/14/14		1		*		8.00	%	$	0			$	45	$	45
	Saeiid LLC	Term Loan	09/06/11	09/06/16		1		*		6.25	%	$	0			$	42	$	44
	Marie T #2 Taxi Corp	Term Loan	12/07/06	12/07/13		1		*		8.00	%	$	0			$	35	$	35
	Marie C Taxi Inc	Term Loan	04/12/07	04/12/14		1		*		8.00	%	$	0			$	29	$	29
	Graciela Carbajal	Term Loan	05/10/07	05/10/14		1		*		8.00	%	$	0			$	27	$	27

Medallion Financial Corp.

Consolidated Schedule of Investments

June 30, 2012


*(Dollars in thousands)*	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date	Maturity Date	# of Invest.		% of Net Assets			Interest Rate ⁽¹⁾			Capitalized Interest		Original Cost of 2012 Acquisitions ⁽⁵⁾		Cost ⁽⁴⁾		Fair Value
	Tchacito #2 Taxi Corp	Term Loan	12/07/06	12/07/13		1		*			8.00	%	$	0			$	26	$	26
	Two Mens Taxi Inc	Term Loan	09/20/00	09/29/13		1		*			8.25	%	$	0			$	21	$	21
	Akwaaba Taxi Inc	Term Loan	09/04/08	09/04/12		1		*			7.50	%	$	0			$	19	$	19
	Michel Ulysse	Term Loan	04/06/00	11/01/12		1		*			8.50	%	$	0			$	10	$	10
Boston						49		7	%		6.14	%	$	0	$	4,614	$	14,895	$	14,926
	Chidi Trans Inc ##	Term Loan	11/17/11	11/17/14		1		*			6.00	%	$	0			$	711	$	711
	Chidi Trans Inc	Term Loan	04/20/12	04/20/15		1		*			5.50	%	$	0	$	664	$	661	$	663
	Arinze Trans Inc	Term Loan	02/05/10	02/05/13		1		*			7.25	%	$	0			$	621	$	621
	Arinze Trans Inc	Term Loan	04/20/12	04/20/15		1		*			5.50	%	$	0	$	621	$	619	$	621
	Chiso Trans Inc	Term Loan	04/20/12	04/20/15		1		*			5.50	%	$	0	$	628	$	627	$	630
	Chiso Trans Inc	Term Loan	11/30/09	11/30/13		1		*			7.25	%	$	0			$	561	$	561
	Johnson Holdings Inc ##	Term Loan	07/24/08	07/24/13		1		*			7.00	%	$	0			$	551	$	550
	Mansour Cab Co Inc ## &	Term Loan	01/14/11	01/14/14		1		*			6.25	%	$	0			$	547	$	547
	Memory Cab Company Inc ##	Term Loan	01/14/11	01/14/14		1		*			6.25	%	$	0			$	540	$	540
	Gabriel Trans Holdings Inc	Term Loan	04/20/12	04/20/15		1		*			5.50	%	$	0	$	540	$	533	$	535
	Jason Cab Inc	Term Loan	03/02/12	03/02/15		1		*			7.75	%	$	0	$	475	$	408	$	410
	P&P Dumerant Corp	Term Loan	10/28/11	10/28/14		1		*			7.00	%	$	0			$	381	$	383
	Ngozi Trans Inc. ##	Term Loan	04/20/12	04/20/15		1		*			5.50	%	$	0	$	377	$	375	$	376
	Odat Taxi, Inc.	Term Loan	01/12/11	05/01/15		1		*			5.50	%	$	0			$	368	$	367
	Jmf Cab Inc ##	Term Loan	03/27/12	03/27/15		1		*			5.70	%	$	0	$	360	$	357	$	358
	Myra Inc	Term Loan	11/10/11	11/10/14		1		*			7.50	%	$	0			$	352	$	352
	Saint Inc	Term Loan	11/10/11	11/10/14		1		*			7.50	%	$	0			$	348	$	348
	H And H Taxi Inc ##	Term Loan	11/17/11	11/17/14		1		*			6.00	%	$	0			$	347	$	348
	God Is Good Inc ##	Term Loan	02/24/12	02/24/15		1		*			5.25	%	$	0	$	346	$	344	$	345
	Jv Taxi Inc	Term Loan	11/23/10	11/23/13		1		*			6.50	%	$	0			$	331	$	332
	Shemarjamalie Cab Inc	Term Loan	02/17/12	02/17/15		1		*			6.15	%	$	0	$	335	$	329	$	331
	Andrelina & Suzie Cab Inc	Term Loan	08/17/10	08/17/13		1		*			7.13	%	$	0			$	317	$	318
	Djbell Love Inc ##	Term Loan	08/05/11	08/05/14		1		*			6.00	%	$	0			$	311	$	312
	Jesus Denis Cab Inc ##	Term Loan	09/24/10	09/24/13		1		*			6.25	%	$	0			$	308	$	308
	Jre Taxi Inc ##	Term Loan	08/26/11	08/26/14		1		*			6.00	%	$	0			$	295	$	296
	Urzal Taxi Inc ##	Term Loan	11/05/10	11/05/13		1		*			6.00	%	$	0			$	288	$	288
	Amitaf Cab Inc ##	Term Loan	09/24/10	09/24/13		1		*			6.25	%	$	0			$	288	$	288
	Louine Cab Inc &	Term Loan	02/06/09	02/06/13		1		*			7.50	%	$	0			$	282	$	282
	Ngozi Trans Inc. ##	Term Loan	04/20/12	04/20/15		1		*			5.50	%	$	0	$	268	$	267	$	269
	Phatricksey Cab Inc ##	Term Loan	07/14/11	07/14/14		1		*			5.50	%	$	0			$	267	$	268
	Ngozi Trans Inc. ##	Term Loan	10/14/11	10/14/14		1		*			6.00	%	$	0			$	266	$	267
	Chardon Taxi Inc	Term Loan	10/20/11	10/20/14		1		*			6.75	%	$	0			$	260	$	262
	Matrem, Inc. ##	Term Loan	04/11/08	04/11/13		1		*			3.50	%	$	0			$	234	$	234
	Amour Inc. ##	Term Loan	04/11/08	04/11/13		1		*			3.50	%	$	0			$	233	$	233
	Agla, Inc. ##	Term Loan	04/11/08	04/11/13		1		*			3.50	%	$	0			$	233	$	233
	Belmontagne Inc ##	Term Loan	05/02/08	05/02/13		1		*			6.50	%	$	0			$	204	$	204
	Dabola Cab Inc ##	Term Loan	11/10/11	11/10/14		1		*			5.50	%	$	0			$	182	$	183
	Stanley & Rachelle Cab Inc	Term Loan	05/23/11	05/23/14		1		*			6.00	%	$	0			$	181	$	183
	Mwinkteana Cab Inc ##	Term Loan	05/10/11	05/10/14		1		*			6.00	%	$	0			$	164	$	165
	Family Trans Inc	Term Loan	03/20/09	03/20/13		1		*			7.25	%	$	0			$	76	$	76
	Kena Cab Inc ##	Term Loan	11/02/07	11/02/12		1		*			3.25	%	$	0			$	57	$	57
	Johnson Holdings Inc	Term Loan	10/01/10	10/01/15		1		*			6.63	%	$	0			$	53	$	54
	Boband Cab Inc	Term Loan	05/14/10	05/14/13		1		*			6.25	%	$	0			$	46	$	45
	Sarhad Coach Inc	Term Loan	05/23/08	05/23/13		1		*			7.00	%	$	0			$	43	$	43
	Brattle Transpor Service/Mbank	Term Loan	12/17/09	12/17/12		1		*			8.00	%	$	0			$	39	$	38
	Sunshine Cab Inc ##	Term Loan	06/12/07	06/12/18		1		*			5.00	%	$	0			$	29	$	29
	Marthine Cab Inc	Term Loan	09/17/10	09/17/14		1		*			6.25	%	$	0			$	21	$	22
	Theo Cab Inc/Mbank	Term Loan	01/12/11	01/12/14		1		*			9.66	%	$	0			$	20	$	20
	Dadou Cab Inc/Mbank	Term Loan	01/12/11	01/12/14		1		*			9.66	%	$	0			$	20	$	20

Medallion Financial Corp.

Consolidated Schedule of Investments

June 30, 2012


*(Dollars in thousands)*	Obligor Name			Security Type (all restricted unless otherwise noted)	Acquisition Date	Maturity Date	# of Invest.		% of Net Assets			Interest Rate ⁽¹⁾			Capitalized Interest		Original Cost of 2012 Acquisitions ⁽⁵⁾		Cost ⁽⁴⁾		Fair Value
Cambridge								20		3	%		6.51	%	$	0	$	586	$	6,048	$	6,056
			Gcf Taxi Inc ##	Term Loan	10/08/10	10/08/13		1		*			6.60	%	$	0			$	694	$	693
			Gcf Taxi Inc, Et Al/B Note	Term Loan	11/18/10	11/18/20		1		*			6.25	%	$	0			$	555	$	557
			Mgf Taxi Inc	Term Loan	05/06/11	05/06/14		1		*			6.50	%	$	0			$	380	$	381
			Hope-Lynn Cabworks Inc ##	Term Loan	04/01/11	04/01/14		1		*			6.00	%	$	0			$	368	$	368
			Desdunes Cab Inc	Term Loan	08/13/10	08/13/13		1		*			6.38	%	$	0			$	334	$	335
			Patrick Cab Inc	Term Loan	12/15/09	12/15/12		1		*			6.95	%	$	0			$	334	$	334
			Drumman Trans Inc	Term Loan	03/28/08	03/28/13		1		*			7.13	%	$	0			$	333	$	333
			Andrew Cab Inc	Term Loan	12/15/09	12/15/12		1		*			6.95	%	$	0			$	332	$	332
			Delivrance Cab Inc ##	Term Loan	10/21/09	10/21/12		1		*			7.50	%	$	0			$	316	$	315
			Legend Trans Inc	Term Loan	01/29/10	07/29/13		1		*			7.40	%	$	0			$	314	$	314
			Sam Taxi Inc	Term Loan	03/19/10	03/10/13		1		*			6.50	%	$	0			$	312	$	313
			Walger Inc	Term Loan	01/26/12	01/26/15		1		*			5.50	%	$	0	$	296	$	294	$	296
			Raad Taxi Inc	Term Loan	06/26/12	06/26/15		1		*			5.50	%	$	0	$	290	$	290	$	292
			Sabine Cab Inc ##	Term Loan	11/23/11	11/23/14		1		*			5.50	%	$	0			$	283	$	284
			Jablem Cab Inc ##	Term Loan	05/17/10	05/17/13		1		*			6.25	%	$	0			$	275	$	275
			Marcia And Everton Cab Inc ## &	Term Loan	10/30/09	10/30/12		1		*			6.75	%	$	0			$	240	$	239
			Randah Cab Inc ##	Term Loan	11/15/10	11/15/13		1		*			5.75	%	$	0			$	214	$	215
			Taxi Technology Inc ##	Term Loan	01/30/09	01/30/13		1		*			7.75	%	$	0			$	116	$	116
			Viel Cab Inc/Mbank	Term Loan	02/19/10	02/19/13		1		*			9.22	%	$	0			$	47	$	47
			Gasperina Trans Inc/Mbank	Term Loan	09/19/08	03/19/15		1		*			8.48	%	$	0			$	17	$	17
Other								14		1	%		6.74	%	$	0	$	224	$	3,021	$	3,027
			Dorit Matityahu ##	Term Loan	08/04/11	08/04/14		1		1	%		6.25	%	$	0			$	2,162	$	2,158
			Tjp Inc ##	Term Loan	01/09/12	01/09/15		1		*			6.00	%	$	0	$	224	$	222	$	223
			Hantin Trans/Aventura Taxi &	Term Loan	06/16/10	06/16/17		1		*			8.25	%	$	0			$	159	$	161
			Zelalem S. Alemu	Term Loan	04/28/08	04/28/13		1		*			11.00	%	$	0			$	120	$	120
			Wiljean Marcelin	Term Loan	11/17/10	12/01/15		1		*			8.25	%	$	0			$	105	$	107
			Getrot Michel	Term Loan	03/07/08	03/23/14		1		*			7.75	%	$	0			$	87	$	87
			Elzira & Luc Cab Inc.	Term Loan	08/17/10	08/17/13		1		*			8.25	%	$	0			$	48	$	49
			Hantin Transportation Inc &	Term Loan	09/22/11	10/01/12		1		*			8.25	%	$	0			$	33	$	35
			Elysse Corporation &	Term Loan	09/10/10	03/10/18		1		*			8.25	%	$	0			$	32	$	34
			Oddy Transportation Services I	Term Loan	11/26/07	11/27/14		1		*			8.00	%	$	0			$	17	$	17
			Wiljean Marcelin/Fs	Term Loan	11/17/10	12/01/15		1		*			7.00	%	$	0			$	15	$	15
			Spsa-1 Inc; Saps-2 Inc; Psas	Term Loan	10/15/04	10/13/12		1		*			7.50	%	$	0			$	11	$	11
			Odney Cab Inc/Mbank	Term Loan	12/22/10	12/22/15		1		*			11.50	%	$	0			$	7	$	7
			Durosier Xavier/Mbank	Term Loan	08/16/10	07/01/15		1		*			7.25	%	$	0			$	3	$	3

Total medallion loans ($218,951 pledged as collateral under borrowing arrangements)								753		131	%		4.89	%	$	0	$	77,919	$	277,396	$	277,756

Commercial Loans
Secured mezzanine (17% Minnesota, 16% Florida, 15% Oklahoma, 9% North Carolina, 7% Deleware, 7% California, 7% Wisconsin, 6% New York, 6% Arizona and 10% all other states) (2)
Manufacturing (68% of the total)			Aeration & (interest rate includes PIK interest of 21%)	Term loan	12/31/10	04/30/13		1		1	%		21.00	%	$	81			$	2,416	$	2,189
			Dynamic Systems (interest rate includes PIK interest of 3.5%)	Term loan	12/23/10	12/23/17		1		1	%		15.50	%	$	0			$	1,822	$	1,822
			Imperial Plastics (interest rate includes PIK interest of 3%)	Term loan	12/15/11	12/31/16		1		1	%		15.00	%	$	47			$	2,847	$	2,865
			Motion Tech (interest rate includes PIK interest of 6%)	Term loan	12/23/10	12/23/15		1		1	%		18.00	%	$	0			$	1,286	$	1,291
			Orchard &	Term loan	03/10/99	Matured		1		1	%		13.00	%	$	0			$	1,390	$	1,390
		+	PACA Foods &	Term loan	12/31/10	12/31/15		1		1	%		12.00	%	$	0			$	1,454	$	1,454
		+	PACA Foods &	Term loan	12/31/10	12/31/15		1		*			14.00	%	$	0			$	1,307	$	705
		+	Packaging Specialists (interest rate includes PIK interest of 6%)	Term loan	04/01/08	12/31/13		1		1	%		14.00	%	$	224			$	2,214	$	2,214
			Process Fab & (interest rate includes PIK interest of 8%)	Term loan	04/17/08	12/31/15		1		1	%		8.00	%	$	0			$	4,500	$	2,813
			Quaker Bakery (interest rate includes PIK interest of 5%)	Term loan	03/28/12	03/28/17		1		1	%		17.00	%	$	34	$	2,600	$	2,634	$	2,621
			Reel Power	Term loan	12/31/09	02/04/14		1		2	%		14.00	%	$	86			$	3,586	$	3,586
		+	RespirTech	Term loan	04/25/12	04/25/17		1		1	%		12.00	%	$	0	$	1,500	$	1,500	$	1,511
		+	DMI Acquisition (interest rate includes PIK interest of 2%)	Term loan	06/22/12	06/22/15		1		*			14.00	%	$	0	$	625	$	625	$	637
		+	Door Engineering	Term loan	12/15/04	12/15/12		1		*			13.00	%	$	0			$	640	$	639

Medallion Financial Corp.

Consolidated Schedule of Investments

June 30, 2012


*(Dollars in thousands)*	Obligor Name		Security Type (all restricted unless otherwise noted)	Acquisition Date	Maturity Date	# of Invest.		% of Net Assets			Interest Rate ⁽¹⁾			Capitalized Interest		Original Cost of 2012 Acquisitions ⁽⁵⁾		Cost ⁽⁴⁾			Fair Value
	+	Waltek	Term loan	03/31/06	03/31/13		1		1	%		12.00	%	$	104			$	1,083		$	1,083
Wholesale Trade (10% of the total)		Twin-Star (interest rate includes PIK interest of 1%)	Term loan	06/01/07	04/24/14		1		2	%		13.00	%	$	0			$	4,000		$	4,000
	+	Las Olas &	Term loan	03/31/08	03/31/13		1		*			14.00	%	$	0			$	2,484		$	102
Arts, Entertainment, and Recreation (9% of the total)		RPAC Racing (interest rate includes PIK interest of 10%)	Term loan	11/19/10	11/19/15		1		2	%		10.00	%	$	520			$	3,560		$	3,560
Administrative and Support Services (6% of the total)	+	Staff One & (interest rate includes PIK interest of 13%)	Term loan	06/30/08	12/31/13		1		1	%		13.00	%	$	0			$	3,306		$	1,852
	+	Staff One & (interest rate includes PIK interest of 13%)	Term loan	04/30/12	12/31/13		1		*			13.00	%	$	0	$	985	$	515		$	515
	+	Staff One & (interest rate includes PIK interest of 13%)	Term loan	09/15/11	12/31/13		1		*			13.00	%	$	0			$	100		$	100
		Ecological Systems (ESI) & (interest rate includes PIK interest of 9%)	Term loan	01/14/05	Matured		1		*			19.00	%	$	198			$	4,971		$	-
Accommodation and Food Services (3% of the total)		Javier & David	Term loan	11/05/10	11/05/15		1		*			9.25	%	$	0			$	609		$	605
		Multiconcepts &	Term loan	06/30/00	10/01/15		1		*			10.00	%	$	285			$	1,367		$	286
		Star &	Term loan	06/30/00	10/01/15		1		*			10.00	%	$	0			$	1,316		$	350
Health Care and Social Assistance (3% of the total)	+	Will Vision &	Term loan	06/28/07	06/30/17		1		*			7.00	%	$	0			$	1,316		$	1,016
Retail Trade (1% of the total)		Retail &	Term loan	06/30/00	10/01/15		1		*			10.00	%	$	74			$	682		$	306
Professional, Scientific, and Technical Services (0% of the total)		McCaully &	Term loan	10/26/11	11/01/14		1		*			10.00	%	$	119			$	119		$	119

Total secured mezzanine (2)							28		19	%		13.54	%	$	1,772	$	5,710	$	53,649		$	39,631

Asset-based (72% New York, 17% New Jersey, and 11% all other states)
Wholesale Trade (43% of the total)		Capitalsea, LLC ##	Revolving line of credit	11/07/05	11/07/12		1		1	%		4.50	%	$	0			$	1,603		$	1,583
		Newburg Egg Corp. ##	Revolving line of credit	03/16/99	03/16/13		1		*			6.00	%	$	0			$	791		$	779
		Pride of Neptune, Inc. ##	Revolving line of credit	01/14/02	01/14/13		1		*			4.75	%	$	0			$	239		$	235
		REL International	Revolving line of credit	04/11/07	04/11/13		1		*			5.25	%	$	0			$	250		$	234
		Magic Moments	Revolving line of credit	01/23/08	01/23/13		1		*			6.75	%	$	0			$	194		$	186
		Southstream Seafoods, Inc	Revolving line of credit	06/01/12	06/01/13		1		*			6.25	%	$	0	$	93	$	93		$	89
		Banner Smoked Fish, Inc. ##	Revolving line of credit	03/27/01	03/27/13		1		*			5.25	%	$	0			$	54		$	53
		Snow Shoe Refractories, LLC	Revolving line of credit	11/30/11	11/30/12		1		*			6.00	%	$	0			$	37		$	38
		Atlantic Veal & Lamb, Inc. ##	Revolving line of credit	08/15/01	08/15/12		1		*			5.50	%	$	0			$	(11	)	$	(11	)
		Plymouth Rock Fuel Corp	Revolving line of credit	11/16/10	11/16/12		1		*			5.75	%	$	0			$	(8	)	$	(12	)
		Garden State Dental Supplies	Revolving line of credit	02/04/11	02/04/13		1		*			6.75	%	$	0			$	(57	)	$	(56	)
		Two Cousins Fish Market, Inc.	Revolving line of credit	01/23/99	01/23/13		1		*			5.25	%	$	0			$	(196	)	$	(196	)
		A. Stein Meat Products	Revolving line of credit	01/13/12	01/13/13		1		*			6.00	%	$	0	$	267	$	(1	)	$	4
Transportation and Warehousing (20% of the total)		Fleet Radio Dispatch Corp. ##	Revolving line of credit	12/31/01	12/31/12		1		*			6.00	%	$	0			$	682		$	672
		Communicar Incorporated ##	Revolving line of credit	02/06/04	02/06/13		1		*			7.25	%	$	0			$	409		$	403
		Chauffeured Services Unlimited	Revolving line of credit	05/02/06	05/02/13		1		*			8.00	%	$	0			$	208		$	205
		Big Daddy Drayage, Inc.	Revolving line of credit	10/18/06	10/18/12		1		*			5.75	%	$	0			$	61		$	57
		Luxury Worldwide	Revolving line of credit	07/20/07	07/20/12		1		*			5.75	%	$	0			$	55		$	54
Retail Trade (15% of the total)		The Dependable Food Corp. ##	Revolving line of credit	10/19/98	10/19/12		1		*			4.75	%	$	0			$	384		$	378
		CNC Associated N.Y.	Revolving line of credit	07/24/01	07/24/12		1		*			5.75	%	$	0			$	227		$	224
		Cyrus R. Fox, Inc. ##	Revolving line of credit	08/31/06	08/31/12		1		*			5.75	%	$	0			$	209		$	206
		Colt, Inc.	Revolving line of credit	10/12/04	10/12/12		1		*			6.28	%	$	0			$	109		$	106
		I & E Tire Corp. ##	Revolving line of credit	12/21/98	12/21/12		1		*			5.75	%	$	0			$	107		$	105
Finance and Insurance (10% of the total)		Merchant Advance, LLC	Revolving line of credit	10/25/05	10/25/12		1		*			6.25	%	$	0			$	250		$	245
		US Military	Revolving line of credit	07/25/07	07/25/12		1		*			4.25	%	$	0			$	159		$	156
		Special Financing Company, LLC	Revolving line of credit	02/06/02	02/06/13		1		*			8.25	%	$	0			$	100		$	98
		United First Federal Corp.	Revolving line of credit	08/04/03	08/04/12		1		*			7.75	%	$	0			$	77		$	76
		RAS Group, Inc.	Revolving line of credit	02/14/08	02/14/13		1		*			5.50	%	$	0			$	84		$	75
		North Shore Leasing & Funding	Revolving line of credit	11/10/11	11/10/12		1		*			8.25	%	$	0			$	47		$	44
Manufacturing (5% of the total)		Absecon Mills, Inc. ##	Revolving line of credit	07/07/04	07/07/12		1		*			6.25	%	$	0			$	157		$	154

Medallion Financial Corp.

Consolidated Schedule of Investments

June 30, 2012


*(Dollars in thousands)*	Obligor Name		Security Type (all restricted unless otherwise noted)	Acquisition Date	Maturity Date	# of Invest.		% of Net Assets			Interest Rate ⁽¹⁾			Capitalized Interest		Original Cost of 2012 Acquisitions ⁽⁵⁾		Cost ⁽⁴⁾			Fair Value
		Danbury Pharma, LLC	Revolving line of credit	05/06/11	05/06/13		1		*			7.00	%	$	0			$	100		$	98
		Matthew Die Division LLC	Revolving line of credit	02/18/10	02/18/13		1		*			6.25	%	$	0			$	76		$	72
		Fine Line Graphics, Inc.	Revolving line of credit	11/29/05	11/29/12		1		*			6.50	%	$	0			$	61		$	57
		JLM Couture Inc.	Revolving line of credit	06/22/10	06/22/13		1		*			5.75	%	$	0			$	32		$	29
		American Bio Medica Corp.	Revolving line of credit	04/20/12	04/20/13		1		*			7.25	%	$	0	$	27	$	(4	)	$	—
		Douglass Industries, Inc. ##	Revolving line of credit	07/07/04	07/07/12		1		*			6.25	%	$	0			$	(32	)	$	(32	)
Health Care and Social Assistance (3% of the total)		Heart to Heart Home Care ##	Revolving line of credit	10/02/07	10/02/12		1		*			5.75	%	$	0			$	241		$	232
Accommodation and Food Services (2% of the total)		Flaum Appetizing Corp.	Revolving line of credit	04/27/11	04/27/13		1		*			6.00	%	$	0			$	151		$	149
Construction (1% of the total)		Basic / Dritac	Revolving line of credit	06/29/99	06/29/13		1		*			6.00	%	$	0			$	56		$	55
		Triple A. Supplies, Inc. ##	Revolving line of credit	07/20/99	07/20/12		1		*			5.75	%	$	0			$	45		$	44
Administrative and Support Services (1% of the total)		HHCNY, Inc.	Revolving line of credit	06/22/04	06/22/13		1		*			5.75	%	$	0			$	82		$	80
		Raritan Building Service Corp	Revolving line of credit	06/30/07	06/30/13		1		*			5.50	%	$	0			$	2		$	1

Total asset-based ($4,884 pledged as collateral under borrowing arrangements)							42		3	%		5.71	%	$	0	$	387	$	7,123		$	6,969

Other secured commercial (75% New York, 23% New Jersey and 2% Illinois)
Accommodation and Food Services (49% of the total)		Dune Deck Owners Corp ##	Term loan	04/24/07	03/31/14		1		1	%		7.25	%	$	0			$	3,101		$	3,097
		El Tropico Family Rest Ii LLC &	Term loan	11/29/05	11/18/12		1		*			10.75	%	$	0			$	309		$	309
		El Tropico Family Rest Ii/B No	Term loan	12/23/08	Matured		1		*			11.00	%	$	0			$	1		$	1
		Cardenas Corp	Term loan	07/29/08	12/25/14		1		*			10.50	%	$	0			$	196		$	194
		Pc One Inc Dba The Willett Hou	Term loan	05/25/05	03/25/13		1		*			8.50	%	$	0			$	160		$	160
		Dna Restaurant Corp	Term loan	07/14/06	10/14/12		1		*			12.50	%	$	0			$	17		$	17
Retail Trade (42% of the total)		Guyonamar Food Corp	Term loan	03/17/11	03/17/16		1		*			9.25	%	$	0			$	737		$	732
		Antonio Rosado	Term loan	03/15/12	03/15/17		1		*			9.50	%	$	0	$	675	$	667		$	661
		616 Broadway LLC	Term loan	02/10/11	12/17/14		1		*			8.50	%	$	0			$	347		$	349
		F.J.P. Meat Market Inc	Term loan	02/06/12	02/06/17		1		*			9.50	%	$	0	$	360	$	341		$	339
		East Bronx Food Corp	Term loan	04/06/12	04/06/19		1		*			9.50	%	$	0	$	337	$	331		$	329
		Drr Enterprises LLC	Term loan	10/28/08	10/17/13		1		*			11.00	%	$	0			$	190		$	190
		New Era Meat Supermarket LLC	Term loan	09/13/06	09/16/12		1		*			12.00	%	$	0			$	126		$	126
		Mi Favorita Food Corp	Term loan	08/13/09	12/26/14		1		*			9.25	%	$	0			$	108		$	108
		Moderne Barn Wines&Spirits Inc	Term loan	12/07/09	08/09/16		1		*			6.00	%	$	0			$	96		$	96
		G&C Grocery Inc	Term loan	05/19/08	08/23/15		1		*			0.00	%	$	0			$	89		$	89
		39-04 Skillman LLC & G&A Auto	Term loan	08/04/11	08/04/14		1		*			6.00	%	$	0			$	82		$	84
		Julio Castillo	Term loan	08/18/08	03/01/14		1		*			10.50	%	$	0			$	64		$	64
		Salomon Deli Grocery Corp &	Term loan	05/19/08	05/19/13		1		*			10.75	%	$	0			$	46		$	46
		Red Hook Meat Corp &	Term loan	09/24/07	03/14/13		1		*			11.50	%	$	0			$	423		$	(1	)
Other Services (except Public Administration) (3% of the total)		2617 S Wabash Ave Realty LLC	Term loan	01/16/04	01/16/14		1		*			5.50	%	$	0			$	144		$	144
		Newco Laundry Systems I Inc	Term loan	05/02/09	05/02/14		1		*			6.50	%	$	0			$	106		$	106
Transportation and Warehousing (3% of the total)		Fa Management Inc	Term loan	01/20/12	12/20/12		1		*			5.65	%	$	0	$	250	$	138		$	139
		United Management Group Inc	Term loan	12/08/10	12/06/12		1		*			6.00	%	$	0			$	18		$	19
		United Management Group Inc	Term loan	08/25/10	08/18/12		1		*			6.00	%	$	0			$	18		$	19
		United Management Group Inc	Term loan	11/01/10	10/28/12		1		*			6.00	%	$	0			$	15		$	16
		Pro-Serve Auto Care Inc	Term loan	12/02/10	11/22/13		1		*			6.50	%	$	0			$	13		$	14
		United Management Group Inc	Term loan	10/07/10	10/05/12		1		*			6.00	%	$	0			$	8		$	8
		United Management Group Inc	Term loan	07/14/10	07/12/12		1		*			6.00	%	$	0			$	8		$	8
		United Management Group Inc	Term loan	07/26/10	07/22/12		1		*			6.00	%	$	0			$	6		$	6
		United Management Group Inc	Term loan	09/15/10	09/15/12		1		*			6.00	%	$	0			$	4		$	4
Real Estate and Rental and Leasing (3% of the total)		Rala Management	Term loan	04/22/99	09/01/15		1		*			4.75	%	$	0			$	132		$	132

Medallion Financial Corp.

Consolidated Schedule of Investments

June 30, 2012


*(Dollars in thousands)*	Obligor Name			Security Type (all restricted unless otherwise noted)	Acquisition Date	Maturity Date	# of Invest.		% of Net Assets			Interest Rate ⁽¹⁾			Capitalized Interest		Original Cost of 2012 Acquisitions ⁽⁵⁾		Cost ⁽⁴⁾		Fair Value
			Thursday Morning Inc	Term loan	04/01/10	04/01/15		1		*			6.00	%	$	0			$	79	$	75

Total other secured commercial loans ($3,097 pledged as collateral under borrowing arrangements)								33		4	%		8.32	%	$	0	$	1,622	$	8,120	$	7,680



Total commercial loans ($7,981 pledged as collateral under borrowing arrangements) ⁽²⁾								103		26	%		12.11	%	$	1,772	$	7,719	$	68,892	$	54,280

Commercial Banking			Medallion Bank **	100% of common stock	05/16/02	None		1		40	%		9.46	%	$	0			$	84,573	$	84,573
Real Estate			Medallion Hamptons Holding LLC	100% of membership interests	06/21/05	None		1		1	%		0.00	%	$	0			$	2,591	$	2,591
Professional Sports Team			Lax Group LLC	57% of membership interests	5/23/2012	None		1		*			0.00	%	$	0	$	900	$	797	$	797
Loan Servicing			Medallion Servicing Corp.	100% of common stock	11/05/10	None		1		*			0.00	%	$	0			$	580	$	580
Advertising			Generation Outdoor, Inc.	100% of common stock	12/20/04	None		1		*			0.00	%	$	0			$	475	$	475
Advertising			Medallion Sports Media, Inc.	100% of common stock	01/05/11	None		1		*			0.00	%	$	0			$	19	$	19

Investment in Medallion Bank and other controlled subsidiaries, net								6		42	%		8.99	%	$	0	$	900	$	89,035	$	89,035

Equity investments
Appliance Recycler #			Appliance Recycling Centers of America, Inc. **	8.86% of common stock	09/10/98	None		1		1	%		0.00	%	$	0			$	—	$	1,740
Commercial Finance			Convergent Capital, Ltd	7% of limited partnership interest	07/20/07	None		1		1	%		0.00	%	$	0			$	1,093	$	1,393
Banking			FNBNY, Inc.	*	03/30/12	None		1		*			0.00	%	$	0	$	750	$	750	$	750
NASCAR Race Team			Medallion MotorSports, LLC	75% of limited liability interest	11/24/10	None		1		*			0.00	%	$	0			$	454	$	454
Bakery			Quaker Bakery	*	03/28/12	None		1		*			0.00	%	$	0			$	359	$	359
Machinery Manufacturer		+	Reel Power International, Inc.	2% of common stock	08/04/08	None		1		*			0.00	%	$	0			$	318	$	318
Real Estate Investment			PMC Commercial Trust **	*	12/30/10	None		1		*			8.33	%	$	0			$	901	$	251
Surgical Instruments			Summit Medical, Inc.	9.25% of common stock	11/01/10	None		1		*			0.00	%	$	0			$	135	$	135

Equipment Manufacturing			Aeration Industries International, LLC	5.25% of limited liability interest	12/31/10	None		1		*			0.00	%	$	0			$	365	$	—
Radio Station Broadcasting			On Top	*	12/05/02	None		1		*			0.00	%	$	0			$	200	$	—

Equity investments, net								10		3	%		1.64	%	$	0	$	750	$	4,575	$	5,400

Investment securities

Investment securities, net								0		0	%		0.00	%	$	0	$	—	$	—	$	—



Net Investments ($226,932 pledged as collateral under borrowing arrangements) ⁽³⁾								872		201	%		6.81	%	$	1,772	$	87,288	$	439,898	$	426,471

(1)	Represents the actual or weighted average interest or dividend rate of the respective security or portfolio as of the date indicated. Investments without an interest rate or with a rate of 0.00% are considered non-income producing.

(2)	Included in secured mezzanine commercial loans was $1,772 of interest income capitalized into the outstanding investment balances, in accordance with the terms of the investment contract.

(3)	The ratio of restricted securities fair value to net assets is 201%.

(4)	Gross unrealized appreciation, gross unrealized depreciation, and net appreciation for federal income tax purposes totalled $38,405, $21,830 and $16,575, respectively . The tax cost of investments was $409,896.

(5)	For revolving lines of credit the amount shown is the cost at June 30, 2012.

*	Less than 1.0%

**	Not an eligible portfolio company as such term is defined in Section 2(a)(46) of the 1940 Act. The percentage value of all non-eligible portfolio companies to totalled assets of Medallion Financial on an unconsolidated basis was up to 27% and up to 26% on a consolidated basis.

&	Loan is on nonaccrual status, or past due on contractual payments, and is therefore considered non-income producing.

#	Publicly traded but sales subject to applicable Rule 144 limitations.

##	Pledged as collateral under borrowing arrangements.

+	Includes various warrants, all of which have a cost and fair value of zero at June 30, 2012.

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2011


*(Dollars in thousands)*	Obligor Name	Security Type (all restricted unless otherwise noted)				Acquisition Date	Maturity Date	# of Invest.		% of Net Assets			Interest Rate ⁽¹⁾			Capitalized Interest		Original Cost of 2011 Acquisitions⁽⁵⁾		Cost ⁽⁴⁾		Fair Value
Medallion Loans
New York									502		133	%		4.66	%	$	0	$	154,686	$	227,426	$	227,480
	Lena Cab Corp		#	#	Term loan	12/09/11	12/09/15		1		2	%		3.60	%	$	0	$	3,774	$	3,775	$	3,770
	Sean Cab Corp		#	#	Term loan	12/09/11	12/08/15		1		2	%		3.60	%	$	0	$	3,774	$	3,775	$	3,770
	Sifnos, Van-Dim, Kitriani Incs		#	#	Term loan	06/08/10	06/07/15		1		2	%		5.25	%	$	0			$	2,611	$	2,607
	Real Cab Corp		#	#	Term loan	07/20/07	07/20/17		1		1	%		6.75	%	$	0			$	2,546	$	2,541
	Cabbo Service Corp		#	#	Term loan	09/07/10	09/07/13		1		1	%		5.00	%	$	0			$	1,801	$	1,792
	Lety Cab Corp		#	#	Term loan	10/21/10	10/20/15		1		1	%		4.00	%	$	0			$	1,647	$	1,645
	Slo Cab Corp		#	#	Term loan	07/20/07	07/20/17		1		1	%		6.75	%	$	0			$	1,528	$	1,524
	Sandhu & Baath Inc		#	#	Term loan	05/10/11	05/10/14		1		1	%		4.75	%	$	0	$	1,320	$	1,303	$	1,304
	Orys Trans Corp		#	#	Term loan	09/26/11	09/26/14		1		1	%		4.00	%	$	0	$	1,300	$	1,296	$	1,296
	Cafe Service Co Inc		#	#	Term loan	11/09/11	11/09/16		1		1	%		4.40	%	$	0	$	1,275	$	1,274	$	1,274
	Bunty & Jyoti Inc		#	#	Term loan	11/22/11	11/22/14		1		1	%		4.25	%	$	0	$	1,264	$	1,263	$	1,263
	Sonu-Seema Corp		#	#	Term loan	11/22/11	11/22/14		1		1	%		4.25	%	$	0	$	1,264	$	1,263	$	1,263
	Spurt Cab Corp		#	#	Term loan	04/01/11	10/01/13		1		1	%		4.75	%	$	0	$	1,275	$	1,258	$	1,261
	Januko Transit Inc		#	#	Term loan	12/09/11	12/09/15		1		1	%		3.60	%	$	0	$	1,258	$	1,258	$	1,258
	Nancy Transit Inc		#	#	Term loan	04/06/11	04/06/14		1		1	%		4.50	%	$	0	$	1,275	$	1,258	$	1,257
	Brini Transit Inc		#	#	Term loan	03/23/11	12/08/15		1		1	%		3.60	%	$	0	$	1,275	$	1,256	$	1,255
	Daf Cab Corp		#	#	Term loan	03/23/11	12/08/15		1		1	%		3.60	%	$	0	$	1,275	$	1,256	$	1,255
	Fenway Cab Corp		#	#	Term loan	03/23/11	12/08/15		1		1	%		3.60	%	$	0	$	1,275	$	1,256	$	1,255
	Mamkale Transit Inc		#	#	Term loan	03/23/11	12/08/15		1		1	%		3.60	%	$	0	$	1,275	$	1,256	$	1,255
	Munkach Transit Inc		#	#	Term loan	03/23/11	12/08/15		1		1	%		3.60	%	$	0	$	1,275	$	1,256	$	1,255
	Sabrinush Transit Inc		#	#	Term loan	03/23/11	12/08/15		1		1	%		3.60	%	$	0	$	1,275	$	1,256	$	1,255
	Sapphire Transit Inc		#	#	Term loan	03/23/11	12/08/15		1		1	%		3.60	%	$	0	$	1,275	$	1,256	$	1,255
	Slate Cab Corp		#	#	Term loan	03/23/11	12/08/15		1		1	%		3.60	%	$	0	$	1,275	$	1,256	$	1,255
	W. Vil Trans Corp		#	#	Term loan	03/23/11	12/08/15		1		1	%		3.60	%	$	0	$	1,275	$	1,256	$	1,255
	Yankl Transit Inc		#	#	Term loan	03/23/11	12/08/15		1		1	%		3.60	%	$	0	$	1,275	$	1,256	$	1,255
	W Mit Trans Corp		#	#	Term loan	03/22/11	12/08/15		1		1	%		3.60	%	$	0	$	1,275	$	1,256	$	1,255
	New Direction Cab Corp		#	#	Term loan	11/18/11	11/18/14		1		1	%		4.00	%	$	0	$	1,200	$	1,195	$	1,200
	Ride Yellow Llc		#	#	Term loan	01/14/11	02/15/16		1		1	%		4.88	%	$	0	$	1,200	$	1,200	$	1,200
	Hoyt Cab Corp		#	#	Term loan	02/18/11	02/18/14		1		1	%		4.50	%	$	0	$	1,200	$	1,200	$	1,200
	Alltaxione Cab Corp		#	#	Term loan	09/26/11	09/26/14		1		1	%		4.00	%	$	0	$	1,200	$	1,196	$	1,196
	Alltaxitwo Cab Corp		#	#	Term loan	09/26/11	09/26/14		1		1	%		4.00	%	$	0	$	1,200	$	1,196	$	1,196
	Corcovado Cab Corp		#	#	Term loan	09/07/10	09/03/13		1		1	%		5.00	%	$	0			$	1,200	$	1,195
	King Ed Taxi Inc		#	#	Term loan	09/07/10	09/03/13		1		1	%		5.00	%	$	0			$	1,200	$	1,195
	Dag Taxi Inc		#	#	Term loan	09/01/10	09/01/13		1		1	%		5.00	%	$	0			$	1,200	$	1,195
	Katom Taxi Inc		#	#	Term loan	09/01/10	09/01/13		1		1	%		5.00	%	$	0			$	1,200	$	1,195
	Merry Cab Corp		#	#	Term loan	09/01/10	09/01/13		1		1	%		5.00	%	$	0			$	1,200	$	1,195
	Goodspeed Transit Inc		#	#	Term loan	11/21/11	11/21/14		1		1	%		3.75	%	$	0	$	1,190	$	1,188	$	1,188
	Lofos Inc		#	#	Term loan	05/12/10	05/12/15		1		1	%		4.40	%	$	0			$	1,162	$	1,162
	Kharkov Taxi Inc		#	#	Term loan	05/12/10	05/12/15		1		1	%		4.40	%	$	0			$	1,162	$	1,162
	Rapid Taxi Corp		#	#	Term loan	05/12/10	05/12/15		1		1	%		4.40	%	$	0			$	1,162	$	1,162
	Trataki Inc		#	#	Term loan	05/12/10	05/12/15		1		1	%		4.40	%	$	0			$	1,162	$	1,162
	Varres Inc		#	#	Term loan	05/12/10	05/12/15		1		1	%		4.40	%	$	0			$	1,162	$	1,162
	Xara Inc		#	#	Term loan	05/12/10	05/12/15		1		1	%		4.40	%	$	0			$	1,162	$	1,162
	Ocean Hacking Corp		#	#	Term loan	08/17/10	08/16/13		1		1	%		4.75	%	$	0			$	1,163	$	1,162
	Lil Amandachaka Hacking Corp		#	#	Term loan	10/28/11	10/27/14		1		1	%		3.75	%	$	0	$	1,161	$	1,154	$	1,153
	Flow Taxi Corp		#	#	Term loan	10/28/11	10/27/14		1		1	%		3.75	%	$	0	$	1,161	$	1,154	$	1,153
	Ukraine Service Co		#	#	Term loan	10/28/11	10/27/14		1		1	%		3.75	%	$	0	$	1,161	$	1,153	$	1,153
	Whats Yellow Llc		#	#	Term loan	10/15/10	10/15/12		1		1	%		4.80	%	$	0			$	1,153	$	1,152
	Jump Service Co Inc		#	#	Term loan	10/14/11	10/14/14		1		1	%		3.75	%	$	0	$	1,151	$	1,147	$	1,147
	Gold One Cab Corp		#	#	Term loan	07/01/10	07/01/12		1		1	%		4.80	%	$	0			$	1,108	$	1,106
	Daytona Hacking Corp		#	#	Term loan	10/07/11	10/07/14		1		1	%		3.75	%	$	0	$	1,110	$	1,106	$	1,106
	Anniversary Taxi Corp		#	#	Term loan	10/14/11	10/14/14		1		1	%		4.00	%	$	0	$	1,105	$	1,105	$	1,105
	Kby Taxi Inc		#	#	Term loan	10/14/11	10/14/14		1		1	%		4.00	%	$	0	$	1,105	$	1,105	$	1,105
	Mbh Cab Corp		#	#	Term loan	07/01/10	07/01/12		1		1	%		4.80	%	$	0			$	1,107	$	1,105
	Concourse Cab Corp		#	#	Term loan	03/29/10	03/29/13		1		1	%		5.75	%	$	0			$	1,100	$	1,101
	H&M Cab Corp		#	#	Term loan	08/24/10	08/24/13		1		1	%		5.00	%	$	0			$	1,100	$	1,099
	King Spring Taxi Inc		#	#	Term loan	08/24/10	08/24/13		1		1	%		5.00	%	$	0			$	1,100	$	1,099
	Vichy Cab Corp		#	#	Term loan	06/02/10	06/02/13		1		1	%		5.20	%	$	0			$	1,100	$	1,099

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2011


*(Dollars in thousands)*	Obligor Name	Security Type (all restricted unless otherwise noted)				Acquisition Date	Maturity Date	# of Invest.		% of Net Assets			Interest Rate ⁽¹⁾			Capitalized Interest		Original Cost of 2011 Acquisitions⁽⁵⁾		Cost ⁽⁴⁾		Fair Value
	Asterik Cab Co Inc		#	#	Term loan	07/01/10	07/01/12		1		1	%		4.80	%	$	0			$	1,100	$	1,098
	Yosi Transit Inc		#	#	Term loan	07/20/07	07/20/17		1		1	%		6.75	%	$	0			$	1,018	$	1,016
	Perem Hacking Corp		#	#	Term loan	10/28/11	10/27/14		1		1	%		3.75	%	$	0	$	1,000	$	995	$	995
	M.Y. Taxi Inc		#	#	Term loan	01/06/11	01/15/16		1		1	%		4.88	%	$	0	$	960	$	960	$	960
	Justin Hacking Corp		#	#	Term loan	09/09/08	09/09/14		1		1	%		4.00	%	$	0			$	924	$	922
	Ornos Service Inc		#	#	Term loan	02/23/07	02/23/17		1		1	%		6.40	%	$	0			$	920	$	918
	Cora Hacking Corp		#	#	Term loan	08/06/10	08/05/15		1		1	%		4.00	%	$	0			$	914	$	916
	Granny Hacking Corp		#	#	Term loan	08/06/10	08/05/15		1		1	%		4.00	%	$	0			$	914	$	914
	Iddy Biddy Cab Corp		#	#	Term loan	08/06/10	08/05/15		1		1	%		4.00	%	$	0			$	914	$	914
	Jbob Hacking Corp		#	#	Term loan	08/06/10	08/05/15		1		1	%		4.00	%	$	0			$	914	$	914
	Malcolm Hacking Corp		#	#	Term loan	08/06/10	08/05/15		1		1	%		4.00	%	$	0			$	914	$	914
	Oyaz Hacking Corp		#	#	Term loan	08/06/10	08/05/15		1		1	%		4.00	%	$	0			$	914	$	914
	Global Agami Cab Llc		#	#	Term loan	02/22/11	02/22/14		1		1	%		4.13	%	$	0	$	915	$	908	$	908
	Network Agami Cab Corp		#	#	Term loan	02/22/11	02/22/14		1		1	%		4.13	%	$	0	$	915	$	908	$	908
	Planet Agami Cab Llc		#	#	Term loan	02/22/11	02/22/14		1		1	%		4.13	%	$	0	$	915	$	908	$	908
	Universal Agami Transit Inc		#	#	Term loan	02/22/11	02/22/14		1		1	%		4.13	%	$	0	$	915	$	908	$	908
	Abbel Cab Corp		#	#	Term loan	10/15/10	10/15/12		1		1	%		4.80	%	$	0			$	901	$	900
	Blend Transit Llc		#	#	Term loan	11/03/06	11/03/16		1		1	%		3.00	%	$	0			$	890	$	888
	Composite Transit Llc		#	#	Term loan	11/03/06	11/03/16		1		1	%		3.00	%	$	0			$	890	$	888
	Isotope Transit Llc		#	#	Term loan	10/31/06	10/31/16		1		1	%		3.00	%	$	0			$	890	$	888
	Juiced Transit Llc		#	#	Term loan	10/31/06	10/31/16		1		1	%		3.00	%	$	0			$	890	$	888
	Kinetic Transit Llc		#	#	Term loan	10/31/06	10/31/16		1		1	%		3.00	%	$	0			$	890	$	888
	Lowvolt Transit Llc		#	#	Term loan	10/31/06	10/31/16		1		1	%		3.00	%	$	0			$	890	$	888
	Mixfuel Transit Llc		#	#	Term loan	10/31/06	10/31/16		1		1	%		3.00	%	$	0			$	890	$	888
	Hybrid Transit Llc		#	#	Term loan	10/23/06	10/23/16		1		1	%		2.67	%	$	0			$	890	$	888
	Neutron Transit Llc		#	#	Term loan	10/16/06	10/16/16		1		1	%		3.00	%	$	0			$	890	$	888
	Proton Transit Llc		#	#	Term loan	10/16/06	10/16/16		1		1	%		3.00	%	$	0			$	890	$	888
	Quark Transit Llc		#	#	Term loan	10/16/06	10/16/16		1		1	%		3.00	%	$	0			$	890	$	888
	Rechargeable Transit Llc		#	#	Term loan	10/16/06	10/16/16		1		1	%		3.00	%	$	0			$	890	$	888
	Five Kids Trans Llc		#	#	Term loan	10/15/10	10/15/12		1		1	%		4.80	%	$	0			$	884	$	883
	Go Boy Cab Corp		#	#	Term loan	10/08/10	09/30/14		1		1	%		3.50	%	$	0			$	876	$	876
	Havana Affair Cab Corp		#	#	Term loan	10/08/10	09/30/14		1		1	%		3.50	%	$	0			$	876	$	876
	Holdem Cab Corp		#	#	Term loan	10/08/10	09/30/14		1		1	%		3.50	%	$	0			$	876	$	876
	Idiot Wind Cab Corp		#	#	Term loan	10/08/10	09/30/14		1		1	%		3.50	%	$	0			$	876	$	876
	Ming Trans Corp		#	#	Term loan	07/07/11	07/06/14		1		*			4.60	%	$	0	$	835	$	825	$	825
	Magic Cab Corp		#	#	Term loan	04/21/10	04/21/13		1		*			4.80	%	$	0			$	818	$	817
	Gaultier Hacking Corp		#	#	Term loan	07/30/10	07/30/12		1		*			4.75	%	$	0			$	796	$	796
	Sisters Trans Inc		#	#	Term loan	10/15/10	10/06/12		1		*			4.80	%	$	0			$	779	$	778
	Fly By Night Trans Inc		#	#	Term loan	10/15/10	10/06/12		1		*			4.80	%	$	0			$	774	$	774
	Bliss Cab Corp		#	#	Term loan	10/21/10	10/20/15		1		*			4.00	%	$	0			$	773	$	773
	Sincere Cab Corp		#	#	Term loan	06/21/11	06/21/16		1		*			4.50	%	$	0	$	800	$	764	$	765
	1212 Taxi Llc		#	#	Term loan	01/06/11	01/15/16		1		*			4.88	%	$	0	$	750	$	750	$	751
	Hot Wheels Taxi Llc		#	#	Term loan	01/11/11	02/15/16		1		*			4.88	%	$	0	$	745	$	743	$	744
	Marian Cab Corp		#	#	Term loan	09/01/10	09/01/15		1		*			5.25	%	$	0			$	730	$	730
	Robell Hacking Corp		#	#	Term loan	10/26/11	10/26/14		1		*			3.75	%	$	0	$	713	$	712	$	713
	Aleka Taxi Inc		#	#	Term loan	07/01/10	07/01/12		1		*			4.80	%	$	0			$	706	$	705
	Jean Pierre Trans Inc		#	#	Term loan	10/21/10	10/20/15		1		*			4.00	%	$	0			$	698	$	700
	Agape-Mou Cab Corp		#	#	Term loan	07/01/10	07/01/12		1		*			4.80	%	$	0			$	700	$	699
	Cfn Cab Corp		#	#	Term loan	10/21/10	10/20/15		1		*			4.00	%	$	0			$	698	$	698
	Miklos Hacking Corp		#	#	Term loan	10/21/10	10/20/15		1		*			4.00	%	$	0			$	693	$	693
	Junaid Trans Corp		#	#	Term loan	03/04/09	03/04/12		1		*			6.00	%	$	0			$	665	$	664
	Yme Transit Inc		#	#	Term loan	09/09/11	09/01/14		1		*			4.00	%	$	0	$	650	$	648	$	650
	Serob Taxi Inc		#	#	Term loan	07/01/10	07/01/13		1		*			5.50	%	$	0			$	616	$	616
	Oradeanul Taxi Corp				Term loan	11/14/11	11/14/14		1		*			5.00	%	$	0	$	595	$	594	$	598
	Birk Cab Corp				Term loan	11/04/11	11/04/14		1		*			5.00	%	$	0	$	595	$	593	$	596
	Jassvinder Chhoker & Dam Singh				Term loan	11/10/11	11/10/14		1		*			5.25	%	$	0	$	587	$	585	$	589
	Bhai Bhai Taxi Corp				Term loan	06/02/11	06/02/14		1		*			5.35	%	$	0	$	603	$	585	$	586
	Nelsk Taxi Inc		#	#	Term loan	08/10/10	08/10/13		1		*			5.30	%	$	0			$	585	$	584
	Muhammad Saqib		#	#	Term loan	10/04/11	10/04/14		1		*			5.00	%	$	0	$	578	$	576	$	580
	Jaswinder Sharma		#	#	Term loan	11/02/11	11/02/14		1		*			5.00	%	$	0	$	574	$	572	$	575

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2011

(Dollars in thousands)

Obligor Name

Security Type
(all restricted unless
otherwise
noted)

Acquisition
Date

Maturity
Date

# of
Invest.

% of
Net
Assets

Interest
Rate ⁽¹⁾

Capitalized
Interest

Original
Cost of
2011
Acquisitions⁽⁵⁾

Cost ⁽⁴⁾

Fair
Value

Corsi Cab Corp

Term loan

06/21/11

06/21/16

4.50

600

573

574

Anba Taxi Inc

Term loan

06/21/11

06/21/16

4.50

600

573

574

Btr Taxi Inc

Term loan

07/05/11

07/05/14

4.63

575

570

571

Albro Hacking, Corp.

Term loan

10/21/10

10/20/15

4.00

568

570

Rafi Mohammad

Term loan

12/07/11

12/07/14

4.25

555

Angelita Transit Inc/Note 2

Term loan

04/22/10

03/16/14

4.75

554

Mongerry Hacking Cor

Term loan

10/14/11

10/14/14

3.75

553

554

Lesly Jeanjoseph

Term loan

12/20/11

12/20/14

4.75

550

551

Eugenio & Ayodele Trans Corp &

Term loan

10/14/10

10/14/13

6.00

554

550

Karamjit Panchhi

Term loan

11/21/11

11/21/14

4.50

550

549

550

Ptah Cab Corp

Term loan

05/25/11

06/01/14

4.00

550

549

Fido Cab Corp

Term loan

09/09/11

09/01/14

4.00

550

548

549

Gilberto Barrera

Term loan

06/15/11

06/15/14

5.00

555

549

548

Amjad Abbas

Term loan

06/02/11

06/02/14

5.13

550

545

546

Leo P. Roland

Term loan

11/10/11

11/10/14

4.25

545

544

545

Sushil Maggoo

Term loan

09/14/11

09/14/14

5.75

555

541

544

Edgard A Donado

Term loan

02/17/11

02/17/14

4.75

550

544

543

Mohammed Hossen & Abrar Hanif

Term loan

08/11/11

08/11/14

5.50

540

535

538

My Sarah Cab Corp

Term loan

10/14/11

10/14/14

3.75

534

535

Abdelhakim A. Ibrahim

Term loan

12/28/10

12/28/13

5.25

529

530

Joseph Paul Desir

Term loan

04/08/11

04/08/14

4.75

533

529

Balwinder Singh

Term loan

10/19/11

10/19/14

4.75

530

528

529

M Irshad Chaudhry & Mhd Ramzan

Term loan

03/21/11

03/21/14

5.25

535

528

529

Wisly Noel

Term loan

03/17/11

03/17/14

5.00

532

528

Jacques A Petion &

Term loan

02/08/11

02/08/14

5.75

532

529

528

Marcnance Morency

Term loan

09/09/11

09/09/14

5.25

532

530

527

Amr Aly Shafshak

Term loan

06/22/11

06/22/14

4.90

532

527

Avtar Singh

Term loan

11/22/11

11/22/14

4.25

525

524

526

Mukhtiar Singh

Term loan

11/22/11

11/22/14

4.25

525

524

526

Rafael Kikirov

Term loan

10/13/11

10/13/14

5.00

530

524

525

Ilker Altaygil

Term loan

05/11/11

05/11/14

5.25

530

524

525

Jasvir S Dhaliwal

Term loan

11/29/11

11/29/14

4.50

526

525

Joseph R Jean

Term loan

10/17/11

10/17/14

4.50

525

523

524

Arcange J Dangervil

Term loan

09/06/11

09/06/14

5.75

525

523

Ulrick Racine

Term loan

04/22/11

04/22/14

5.13

524

522

523

Harminder Singh & Harjinder Si

Term loan

03/22/11

03/22/14

4.75

530

521

522

Marc C Bastien

Term loan

11/02/11

11/02/14

5.00

520

521

Marco V Guerrero

Term loan

12/22/11

12/22/14

4.50

520

521

Erwich Chery

Term loan

06/17/11

06/17/14

5.50

525

520

521

Roudy Moliere &Jean B Letang

Term loan

08/18/11

08/18/14

5.75

524

520

521

Shanu Miah

Term loan

03/24/11

03/24/14

5.25

530

523

520

Frantz Louhis & Joseph Paul

Term loan

02/17/11

02/17/14

5.13

525

517

519

Malkiat S Multani

Term loan

06/01/11

06/09/14

4.75

551

518

519

Faubert Couamin

Term loan

12/17/10

12/17/13

5.50

516

519

Strivers Way Inc &

Term loan

03/21/11

03/21/14

6.25

520

517

518

Headway Transportation Inc &

Term loan

03/22/11

03/22/14

6.25

520

517

518

Arnous L. Dangervil

Term loan

07/07/11

07/07/14

5.50

520

517

518

Pat Bonna

Term loan

01/07/11

01/07/14

5.30

524

516

Mohammad F Iqbal

Term loan

02/08/11

02/08/14

6.00

515

511

513

Larry Westen

Term loan

09/30/11

09/30/14

5.50

512

513

Alexander Vizueta

Term loan

11/15/11

11/15/14

5.25

512

511

512

Kang & Dhillon Taxi Inc

Term loan

12/03/10

12/03/13

5.35

510

512

Prem Singh & Manjeet Kaur

Term loan

01/28/11

01/28/14

5.00

525

511

512

Louis A Alphonse

Term loan

12/05/11

12/05/14

4.50

510

509

Pushker Sharma & Sandeep Vinay

Term loan

04/08/10

04/08/13

6.10

510

508

Avtar Singh

Term loan

09/23/11

09/23/14

5.00

509

507

508

Said Zedan &

Term loan

11/19/10

11/19/13

5.75

506

Ronak Singh

Term loan

05/03/11

05/03/14

4.80

519

505

506

Joseph B Luxama

Term loan

06/16/11

06/16/14

5.50

514

508

506

Mohammad A Parvaiz

Term loan

05/26/11

05/26/16

4.95

526

502

506

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2011

(Dollars in thousands)

Obligor Name

Security Type
(all restricted unless
otherwise
noted)

Acquisition
Date

Maturity
Date

# of
Invest.

% of
Net
Assets

Interest
Rate ⁽¹⁾

Capitalized
Interest

Original
Cost of
2011
Acquisitions⁽⁵⁾

Cost ⁽⁴⁾

Fair
Value

Sing-Fai Chan

Term loan

09/24/10

09/24/13

5.88

505

Binh Pham

Term loan

09/09/10

09/09/13

6.00

504

503

Mian Cab Corp

Term loan

02/02/11

02/02/14

5.25

510

503

502

Turgut Duman

Term loan

12/10/10

12/10/13

5.00

500

502

Samy Baddar

Term loan

12/20/11

12/20/14

4.00

500

502

Odvil Fequiere

Term loan

02/22/11

02/22/14

5.13

500

494

497

Brunel Paul & Chrislorme Paul

Term loan

06/30/11

06/30/14

4.75

500

493

496

Zhi Li Peng

Term loan

03/24/11

03/24/14

5.50

497

495

496

Copper One Cab Corp

Term loan

07/01/10

07/01/12

4.80

495

494

Miguel Fernandez

Term loan

03/14/11

03/14/14

5.00

500

491

494

Joseph Gerard Pierre

Term loan

04/08/11

04/08/14

4.50

498

494

493

Parvinder Singh

Term loan

02/16/11

02/16/14

5.00

505

492

493

Michael Avitan

Term loan

07/19/11

07/19/14

5.00

500

495

492

Rousseau Ductan

Term loan

12/22/11

12/22/14

4.25

492

490

Pierre Goguin Joseph

Term loan

05/20/10

05/20/13

6.00

489

Jened Cab Corp

Term loan

04/14/08

04/14/13

5.25

489

488

Gustavo E Cabrejos

Term loan

04/04/11

04/04/14

4.90

493

486

487

Amr & Rina Taxi Inc

Term loan

06/17/11

06/17/14

4.75

488

483

484

Georges Salomon

Term loan

08/12/10

08/12/13

5.25

486

483

Ahmed Elsayed

Term loan

08/01/11

08/01/14

5.00

487

483

Jordan O Ohene

Term loan

11/05/10

11/05/13

5.25

481

483

Brunet Lucas

Term loan

09/29/10

09/29/13

5.75

478

Charanjeet Kaur & Manjit Singh

Term loan

10/07/10

10/07/13

5.00

474

All Wood Llc

Term loan

08/17/11

08/17/14

5.00

475

473

474

Carmay Latendresse &

Term loan

02/01/10

02/01/13

6.88

474

Atef A Khalil

Term loan

04/15/11

04/15/14

5.50

475

472

473

Abu H Shawkat

Term loan

03/12/10

03/12/13

6.60

471

472

Eustache Romain

Term loan

10/25/10

10/25/13

5.25

471

Albert A Agyemang

Term loan

08/25/11

08/25/14

4.70

470

467

468

Roland Eusebe & Naomi Charles

Term loan

03/17/11

03/17/13

5.00

470

469

468

David Mashkabov

Term loan

10/26/11

10/24/14

4.00

470

468

467

Nelson R Moreira

Term loan

12/22/10

12/22/13

6.25

467

Harold Torres

Term loan

07/29/10

07/29/13

5.50

466

467

Mohammed F Munir

Term loan

02/11/11

02/14/14

4.75

475

462

465

Nobert Auguste

Term loan

04/12/10

04/12/13

6.75

465

Tamimu Aliu

Term loan

06/07/10

06/07/13

6.00

463

Parkash Taxi Inc

Term loan

08/09/10

08/09/13

4.00

463

461

Patrick Sattaur

Term loan

11/18/11

11/18/14

5.00

455

454

455

Olmedo Nocua

Term loan

01/21/11

01/21/14

5.00

459

451

453

Momar Diagne

Term loan

08/25/11

08/25/14

4.75

453

450

451

Ranjit Singh

Term loan

10/05/09

10/05/12

4.75

452

451

Eduard Neyman

Term loan

11/09/11

11/09/16

4.75

450

449

450

Gonel Seraphin & Evelyne Serap

Term loan

12/09/11

12/09/14

4.25

451

450

Mark Ansley Clarke

Term loan

01/28/09

01/28/12

6.63

448

447

Spyridon Tzorzis

Term loan

09/22/11

09/22/14

5.25

448

444

445

Aminder Pal Singh

Term loan

01/28/11

01/28/14

5.50

500

443

445

Rauf Meer

Term loan

02/17/09

02/17/12

6.50

446

445

Rossini F Celestin

Term loan

10/09/09

10/09/12

6.50

444

443

Guy Merisier

Term loan

06/30/11

06/30/14

5.75

444

442

443

Chamkor Cab Corp

Term loan

12/16/09

06/30/14

4.75

443

442

Jacob Kuruvilla

Term loan

11/11/09

11/15/12

5.90

439

Mario Nisthauz

Term loan

03/24/10

03/24/13

5.75

438

437

Daca Taxi Inc

Term loan

06/02/11

06/02/14

4.38

438

432

433

Preslert Louis

Term loan

03/09/09

03/09/12

6.50

434

433

Gurmeet Singh

Term loan

06/21/11

06/21/14

5.00

435

431

432

Shubal C Ghose

Term loan

09/23/10

09/23/13

5.00

431

432

Julio Farfan

Term loan

08/03/11

08/03/14

5.00

430

426

429

Mtr Taxi Inc

Term loan

01/06/11

01/15/16

4.88

422

423

Saba Moshe Taxi Inc

Term loan

01/06/11

01/15/16

4.88

422

423

Maya Taxi Inc

Term loan

01/06/11

01/15/16

4.88

422

423

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2011

(Dollars in thousands)

Obligor Name

Security Type
(all restricted unless
otherwise
noted)

Acquisition
Date

Maturity
Date

# of
Invest.

% of
Net
Assets

Interest
Rate ⁽¹⁾

Capitalized
Interest

Original
Cost of
2011
Acquisitions⁽⁵⁾

Cost ⁽⁴⁾

Fair
Value

M&J Taxi Inc

Term loan

01/06/11

01/15/16

4.88

422

423

Neomi & Z Taxi Inc

Term loan

01/06/11

01/15/16

4.88

422

423

Bucur Express Cab Corp

Term loan

06/02/11

06/02/14

4.38

421

416

417

Dady Hamel

Term loan

04/16/09

12/22/13

3.90

415

414

Manuel F Pena

Term loan

04/01/11

04/01/14

4.50

420

413

414

Frands Fequiere

Term loan

01/26/11

01/25/14

5.20

420

412

413

Humberto Ontaneda

Term loan

01/06/10

01/06/13

5.75

408

Pierre Chery

Term loan

10/20/11

10/20/14

4.50

412

409

408

Anthony Okyere Duah

Term loan

06/10/11

06/10/14

5.00

407

403

404

I&I Cab Corp

Term loan

10/06/11

10/05/14

4.75

400

403

N & B Taxi Inc

Term loan

06/24/11

06/24/14

4.50

400

401

Y Joey Taxi Inc

Term loan

01/06/11

01/15/16

4.88

400

401

Ricale Taxi Inc

Term loan

04/10/03

02/01/12

6.25

400

399

Luis E Perez

Term loan

04/13/11

04/13/14

4.50

400

394

395

Ny Berts Cab Corp

Term loan

09/15/10

09/15/13

6.00

392

393

Man Singh

Term loan

11/23/11

11/23/14

4.00

391

390

391

Ruckman Hacking Corp

Term loan

10/14/11

10/14/14

3.75

390

391

Geraldine Hacking Co

Term loan

10/14/11

10/14/14

3.75

389

390

Pierre Jeune

Term loan

07/21/11

07/21/15

5.00

387

383

Avner Ben-Levy

Term loan

12/05/11

12/05/14

4.25

380

382

Elsayed A Hassan

Term loan

11/28/11

11/28/14

4.25

381

380

381

Joseph L Flovel

Term loan

04/09/09

04/09/12

6.00

380

379

Magloire David

Term loan

01/06/10

01/06/13

6.50

378

Tarafdar Abul & Tarafdar Luthf

Term loan

08/13/10

08/13/13

7.00

375

Nour-Ditmars Zamalek Corp &

Term loan

04/01/11

04/01/14

4.90

380

374

375

Lelio Bresier & Jeanne Bresier

Term loan

04/01/11

04/01/14

5.00

375

370

373

Shah M Rahman

Term loan

08/15/11

08/15/14

4.50

375

373

372

Fernande Paul Cab Corp

Term loan

04/26/11

04/26/14

4.88

375

372

Hasina Farazi And Rafiul Faraz

Term loan

08/13/09

08/13/12

6.13

370

369

Jacques Desrosiers

Term loan

09/05/07

04/24/12

6.75

370

369

Rahul Amin

Term loan

03/25/09

03/25/12

5.90

368

367

Vosiem Hacking Corp

Term loan

09/09/11

09/01/14

4.00

360

359

360

Alexander A Malamud

Term loan

04/20/11

05/01/14

4.75

359

355

356

Ilias Karanikolas

Term loan

11/08/11

11/08/14

4.75

356

355

356

Cleopatra Cab Corp

Term loan

07/02/09

07/02/14

4.80

354

Real Cab Corp

Term loan

07/20/07

07/20/17

6.75

351

350

Carlot Dalce

Term loan

11/15/10

11/15/13

5.25

349

Pierre Cadet

Term loan

03/18/10

03/18/13

5.50

347

Gerard G Tema

Term loan

12/06/10

12/06/13

5.25

341

343

Santokh Bangay

Term loan

09/14/09

09/14/12

5.75

340

339

Crossbow Taxi Inc

Term loan

07/02/09

07/02/14

4.80

336

335

King D Taxi Inc

Term loan

07/02/09

07/02/14

4.80

336

335

King Verin Taxi Inc

Term loan

07/02/09

07/02/14

4.80

336

335

Nautilus Service Cor

Term loan

07/02/09

07/02/14

4.80

336

335

Petia Cab Corp

Term loan

07/02/09

07/02/14

4.80

336

335

Run Service Corp

Term loan

07/02/09

07/02/14

4.80

336

335

Jean A. Alexandre

Term loan

12/12/11

12/12/14

4.25

335

Essa & Soliman Transit Inc

Term loan

05/29/08

12/06/13

4.75

336

333

Rafael A Pena &

Term loan

10/01/10

10/01/13

5.75

332

333

Rehmet Khan

Term loan

03/04/11

03/04/14

4.75

350

332

333

Medora Moreira &Juan Mendoza

Term loan

02/18/11

02/18/14

5.00

335

329

330

Joseph Jean

Term loan

09/04/09

09/04/12

6.35

328

327

Joslin Fenelus

Term loan

09/16/09

09/16/12

6.00

321

320

Jean B Guerrier

Term loan

08/12/09

08/12/12

6.50

319

Bella Hacking Corp

Term loan

06/25/04

06/25/16

6.00

319

318

Mohammmed H Iqbal

Term loan

01/13/09

01/13/13

6.50

316

315

Cody Service Co Inc

Term loan

09/15/10

09/10/15

5.25

312

313

Malkit Singh

Term loan

04/15/11

04/15/14

5.00

315

308

311

Light Cab Corp

Term loan

07/01/10

07/01/12

4.80

308

Elias Taxi Inc

Term loan

07/01/10

07/01/12

4.80

304

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2011


*(Dollars in thousands)*	Obligor Name	Security Type (all restricted unless otherwise noted)				Acquisition Date	Maturity Date	# of Invest.		% of Net Assets		Interest Rate ⁽¹⁾			Capitalized Interest		Original Cost of 2011 Acquisitions⁽⁵⁾		Cost ⁽⁴⁾		Fair Value
	Fany Cab Corp		#	#	Term loan	07/01/10	07/01/12		1		*		4.80	%	$	0			$	303	$	303
	Georges Desrosiers		#	#	Term loan	05/27/11	05/27/14		1		*		6.50	%	$	0	$	307	$	301	$	303
	Angus Cab Corp		#	#	Term loan	07/01/10	07/01/12		1		*		4.80	%	$	0			$	302	$	302
	Platform Taxi Service		#	#	Term loan	03/29/06	09/06/12		1		*		4.80	%	$	0			$	303	$	302
	Kornos Taxi Inc		#	#	Term loan	05/02/03	08/21/12		1		*		5.63	%	$	0			$	303	$	302
	Bj Cab Corp				Term loan	11/14/11	11/14/14		1		*		5.00	%	$	0	$	298	$	297	$	302
	Jolene Cab Corp		#	#	Term loan	07/01/10	07/01/12		1		*		4.80	%	$	0			$	302	$	302
	Shahdad Bhatti Cab Corp		#	#	Term loan	11/05/10	11/05/13		1		*		5.38	%	$	0			$	301	$	301
	Bj Cab Corp/Note 2 Of 2				Term loan	11/14/11	11/14/14		1		*		5.00	%	$	0	$	298	$	297	$	299
	Chaim Tepper		#	#	Term loan	02/10/11	02/10/14		1		*		5.25	%	$	0	$	302	$	296	$	297
	Mohammad Ashraf Ali		#	#	Term loan	06/10/10	06/10/13		1		*		5.50	%	$	0			$	290	$	291
	Double Cab Corp		#	#	Term loan	07/24/09	07/16/12		1		*		5.50	%	$	0			$	285	$	284
	Abdullah Zivali		#	#	Term loan	07/08/11	11/10/14		1		*		3.75	%	$	0	$	287	$	277	$	278
	Serge Bonny		#	#	Term loan	03/02/11	03/02/14		1		*		5.00	%	$	0	$	277	$	273	$	274
	Tarek Elsaid		#	#	Term loan	05/27/11	05/27/14		1		*		4.25	%	$	0	$	280	$	271	$	273
	Barbara Przezdziecka		#	#	Term loan	05/10/07	05/09/12		1		*		7.25	%	$	0			$	265	$	264
	Y.A.M. Associates Corp				Term loan	10/18/11	04/18/14		1		*		6.00	%	$	0	$	273	$	246	$	248
	Mohammad Azhar		#	#	Term loan	07/11/11	07/11/14		1		*		4.80	%	$	0	$	240	$	235	$	236
	Joubert Toussaint		#	#	Term loan	12/15/11	12/15/14		1		*		4.50	%	$	0	$	230	$	230	$	232
	Amos B Baffour-Gyau		#	#	Term loan	10/04/10	10/04/13		1		*		5.50	%	$	0			$	229	$	230
	Abdul H Abid		#	#	Term loan	06/09/09	06/09/14		1		*		6.38	%	$	0			$	222	$	222
	Ali Akbar		#	#	Term loan	03/04/10	10/11/14		1		*		4.50	%	$	0			$	222	$	222
	Chuhar Singh		#	#	Term loan	12/02/11	12/02/16		1		*		3.75	%	$	0	$	215	$	215	$	216
	Ede Service Corp				Term loan	07/20/07	07/20/17		1		*		6.75	%	$	0			$	210	$	210
	Slo Cab Corp				Term loan	07/20/07	07/20/17		1		*		6.75	%	$	0			$	210	$	210
	Yberto Santana		#	#	Term loan	06/09/11	06/09/14		1		*		5.25	%	$	0	$	204	$	200	$	201
	David Taxi Corp				Term loan	10/05/10	10/04/13		1		*		5.00	%	$	0			$	192	$	193
	Nicolae Blidariu				Term loan	02/29/08	02/28/23		1		*		6.50	%	$	0			$	192	$	192
	Zorro Taxi Inc				Term loan	08/09/11	08/09/21		1		*		5.50	%	$	0	$	190	$	186	$	188
	Zante Cab Corp/Mbank				Term loan	02/02/10	02/02/15		1		*		6.01	%	$	0			$	188	$	187
	Jackie L Chaiken & Michael Cha		#	#	Term loan	03/16/11	03/16/14		1		*		5.00	%	$	0	$	183	$	183	$	185
	Daniel Victor		#	#	Term loan	05/06/11	05/06/14		1		*		4.75	%	$	0	$	185	$	182	$	183
	Orr Cab Corp		#	#	Term loan	04/06/06	03/28/12		1		*		5.75	%	$	0			$	177	$	177
	Folio Taxi Corp		#	#	Term loan	04/06/06	03/28/12		1		*		5.75	%	$	0			$	177	$	177
	Atom Transit Llc/B Note				Term loan	11/03/06	11/03/16		1		*		3.00	%	$	0			$	175	$	175
	Duracell Transit Llc/B Note				Term loan	11/03/06	11/03/16		1		*		3.00	%	$	0			$	175	$	175
	Electron Transit Llc/B Note				Term loan	10/23/06	10/23/16		1		*		2.67	%	$	0			$	175	$	175
	Fusion Transit Llc/B Note				Term loan	10/23/06	10/23/16		1		*		2.67	%	$	0			$	175	$	175
	Gasless Transit Llc/Bnote				Term loan	10/23/06	10/23/16		1		*		2.67	%	$	0			$	175	$	175
	Ilias Karanikolas		#	#	Term loan	11/08/11	11/08/14		1		*		4.75	%	$	0	$	173	$	173	$	175
	Mode Service Corp				Term loan	06/02/11	06/01/21		1		*		6.00	%	$	0	$	185	$	176	$	175
	Kesef Taxi Inc				Term loan	12/23/10	12/15/15		1		*		4.88	%	$	0			$	168	$	170
	Anastasios Tsiklidis				Term loan	04/15/11	10/15/18		1		*		5.13	%	$	0	$	172	$	159	$	161
	Wilfrid Barreau				Term loan	12/29/09	12/29/16		1		*		5.75	%	$	0			$	159	$	159
	Angelita Transit Inc/Note 1		#	#	Term loan	04/22/10	03/16/14		1		*		4.75	%	$	0			$	154	$	155
	Ede Service Corp/Mfun				Term loan	07/24/07	07/20/17		1		*		7.50	%	$	0			$	151	$	151
	Joseph Bologna		#	#	Term loan	10/06/10	10/01/13		1		*		5.50	%	$	0			$	150	$	151
	Ny Diploma Taxi Co				Term loan	07/20/07	07/20/17		1		*		6.75	%	$	0			$	140	$	140
	Yosi Transit Inc				Term loan	07/20/07	07/20/17		1		*		6.75	%	$	0			$	140	$	140
	Roman Fermin		#	#	Term loan	04/09/09	10/27/14		1		*		4.25	%	$	0			$	120	$	119
	Boris Ushman		#	#	Term loan	05/21/03	05/05/12		1		*		6.88	%	$	0			$	115	$	115
	Jose Perez		#	#	Term loan	11/03/98	10/10/12		1		*		7.00	%	$	0			$	115	$	115
	Norberto Cardona		#	#	Term loan	05/18/09	05/18/14		1		*		6.25	%	$	0			$	108	$	108
	Ken Service Corp/Mbank				Term loan	09/02/10	09/01/13		1		*		5.00	%	$	0			$	115	$	105
	First Eight Grand Corp				Term loan	10/14/11	10/14/14		1		*		6.26	%	$	0	$	105	$	105	$	105
	Ny Diploma Taxi Corp/Mfun				Term loan	07/24/07	07/20/17		1		*		7.50	%	$	0			$	101	$	101
	King Pierre Taxi Inc				Term loan	10/18/10	10/15/13		1		*		5.00	%	$	0			$	96	$	97
	N.Y. Indigo Taxi Corp				Term loan	10/05/10	10/04/13		1		*		5.00	%	$	0			$	96	$	97
	Julella Cab Corp				Term loan	10/21/10	12/22/16		1		*		4.35	%	$	0			$	90	$	91
	Emerald I Taxi Corp/Mbank				Term loan	12/20/11	12/20/14		1		*		6.13	%	$	0	$	90	$	90	$	90

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2011


*(Dollars in thousands)*	Obligor Name	Security Type (all restricted unless otherwise noted)				Acquisition Date	Maturity Date	# of Invest.		% of Net Assets		Interest Rate ⁽¹⁾			Capitalized Interest		Original Cost of 2011 Acquisitions⁽⁵⁾		Cost ⁽⁴⁾		Fair Value
	Ny Pisces Taxi Corp				Term loan	10/18/10	10/15/13		1		*		5.00	%	$	0			$	84	$	85
	Ny Cookie Taxi Corp				Term loan	10/05/10	10/04/13		1		*		5.00	%	$	0			$	84	$	85
	Ny Kind Taxi Corp				Term loan	10/05/10	10/04/13		1		*		5.00	%	$	0			$	84	$	85
	King Mario Taxi Inc				Term loan	10/05/10	10/04/13		1		*		5.00	%	$	0			$	84	$	85
	Isotope Transit Llc/B Note				Term loan	10/31/06	10/31/16		1		*		3.00	%	$	0			$	85	$	85
	Juiced Transit Llc/B Note				Term loan	10/31/06	10/31/16		1		*		3.00	%	$	0			$	85	$	85
	Kinetic Transit Llc/B Note				Term loan	10/31/06	10/31/16		1		*		3.00	%	$	0			$	85	$	85
	Lowvolt Transit Llc				Term loan	10/31/06	10/31/16		1		*		3.00	%	$	0			$	85	$	85
	Mixfuel Transit Llcb Note				Term loan	10/31/06	10/31/16		1		*		3.00	%	$	0			$	85	$	85
	Neutron Transit Llc/B Note				Term loan	10/16/06	10/16/16		1		*		3.00	%	$	0			$	85	$	85
	Proton Transit Llc/B Note				Term loan	10/16/06	10/16/16		1		*		3.00	%	$	0			$	85	$	85
	Quark Transit Llc/B Note				Term loan	10/16/06	10/16/16		1		*		3.00	%	$	0			$	85	$	85
	Rechargeable Transit Llc/Bnote				Term loan	10/16/06	10/16/16		1		*		3.00	%	$	0			$	85	$	85
	Hybrid Transit Llc/B Note				Term loan	10/23/06	10/23/16		1		*		2.67	%	$	0			$	85	$	85
	Eddy Joseph		#	#	Term loan	12/20/00	01/01/14		1		*		6.00	%	$	0			$	79	$	79
	Bu Taxi Llc/Mbank				Term loan	12/29/10	12/15/15		1		*		7.40	%	$	0			$	75	$	75
	Carlos Rios				Term loan	03/11/11	03/11/14		1		*		5.50	%	$	0	$	75	$	73	$	74
	Ornos Service Inc				Term loan	02/23/07	02/23/17		1		*		6.40	%	$	0			$	72	$	72
	Calcium One Service Inc				Term loan	02/23/07	02/23/17		1		*		6.40	%	$	0			$	72	$	72
	Michael Piccolo		#	#	Term loan	05/03/06	03/03/15		1		*		5.50	%	$	0			$	70	$	70
	Ede Service Corp				Term loan	07/20/07	07/20/17		1		*		6.75	%	$	0			$	69	$	69
	Heby Taxi Inc./Mbank				Term loan	09/02/10	09/01/13		1		*		5.00	%	$	0			$	76	$	68
	Libnoth Cab Corp/Mbank				Term loan	09/02/10	09/01/13		1		*		5.00	%	$	0			$	76	$	68
	Junco Taxi Inc/Mbank				Term loan	09/02/10	09/01/13		1		*		5.00	%	$	0			$	76	$	68
	Tulya Kogan Associates Inc				Term loan	01/09/09	05/20/14		1		*		5.00	%	$	0			$	65	$	63
	Robola Inc/Mbank				Term loan	12/07/04	07/17/12		1		*		5.85	%	$	0			$	63	$	63
	Natlon Hacking Corp				Term loan	08/17/10	08/16/13		1		*		4.75	%	$	0			$	61	$	63
	Jacal Hacking Corp				Term loan	08/17/10	08/16/13		1		*		4.75	%	$	0			$	61	$	63
	Avi Taxi Corporation/Mbank				Term loan	10/14/11	10/14/14		1		*		6.36	%	$	0	$	62	$	62	$	62
	Motors Taxi Inc				Term loan	10/14/11	10/14/14		1		*		6.36	%	$	0	$	62	$	62	$	62
	North Moore Taxi Inc				Term loan	02/18/11	12/20/14		1		*		3.75	%	$	0	$	1,200	$	60	$	62
	Honeybee Taxi Llc				Term loan	01/21/11	12/20/14		1		*		3.75	%	$	0	$	1,200	$	60	$	62
	N.Y. Abar Taxi Corp				Term loan	10/05/10	10/04/13		1		*		5.00	%	$	0			$	60	$	61
	Kesev Taxi Inc				Term loan	10/05/10	10/04/13		1		*		5.00	%	$	0			$	60	$	61
	N.Y. Yno Taxi Corp				Term loan	10/05/10	10/04/13		1		*		5.00	%	$	0			$	60	$	61
	Lazaros Taxi Inc				Term loan	11/01/10	11/01/15		1		*		4.80	%	$	0			$	61	$	61
	Kappa Taxi Inc/Mbank				Term loan	12/20/11	12/20/14		1		*		6.13	%	$	0	$	60	$	60	$	60
	Y Mommy Taxi Inc/Mbank				Term loan	12/23/10	12/15/15		1		*		4.88	%	$	0			$	60	$	60
	Hamilton Transit Llc/Mbank				Term loan	12/20/11	12/20/14		1		*		6.13	%	$	0	$	58	$	58	$	57
	Dani Taxi Inc				Term loan	12/23/10	12/15/15		1		*		4.88	%	$	0			$	55	$	57
	Y Daddy Taxi Inc				Term loan	12/23/10	12/15/15		1		*		4.88	%	$	0			$	55	$	57
	Ricale Taxi Inc/B Note		#	#	Term loan	02/10/04	02/01/12		1		*		5.63	%	$	0			$	57	$	57
	Appoint Cab Corp/Mbank				Term loan	12/06/10	12/06/13		1		*		7.96	%	$	0			$	57	$	56
	Blend Transit Llc/B Note				Term loan	11/03/06	11/03/16		1		*		3.00	%	$	0			$	56	$	56
	Composite Transit Llc				Term loan	11/03/06	11/03/16		1		*		3.00	%	$	0			$	56	$	56
	Ricale Taxi Inc				Term loan	07/24/03	02/01/12		1		*		5.63	%	$	0			$	56	$	56
	Edgar Transit Inc				Term loan	12/13/11	12/09/15		1		*		3.60	%	$	0	$	1,350	$	49	$	51
	Sea Transit Inc				Term loan	12/13/11	12/09/15		1		*		3.60	%	$	0	$	1,350	$	49	$	51
	Soccer Transit Inc				Term loan	12/13/11	12/09/15		1		*		3.60	%	$	0	$	1,350	$	49	$	51
	Ziva Cab Corp				Term loan	12/13/11	12/09/15		1		*		3.60	%	$	0	$	1,350	$	49	$	51
	Samiullah Zaman/Mbank				Term loan	07/26/11	07/26/14		1		*		8.32	%	$	0	$	52	$	51	$	51
	Soho Cab Corp				Term loan	12/23/11	12/22/14		1		*		3.75	%	$	0	$	1,200	$	48	$	50
	Kaderee M & G Corp				Term loan	12/20/11	12/20/14		1		*		3.75	%	$	0	$	1,200	$	48	$	50
	Wildwood Hacking Corp				Term loan	12/20/11	12/20/14		1		*		3.75	%	$	0	$	1,200	$	48	$	50
	Big Ari Taxi Corp				Term loan	11/21/11	11/21/14		1		*		3.75	%	$	0	$	1,190	$	48	$	50
	Ny Kfar Taxi Corp/Mbank				Term loan	09/07/10	09/03/13		1		*		5.00	%	$	0			$	56	$	49
	Mazl Taxi Inc/Mbank				Term loan	09/07/10	09/07/13		1		*		5.00	%	$	0			$	56	$	49
	Twinkle Cab Corp/Mbank				Term loan	09/07/10	09/03/13		1		*		5.00	%	$	0			$	56	$	49
	Bedford Taxi Llc				Term loan	10/07/11	10/07/14		1		*		3.75	%	$	0	$	1,178	$	47	$	49
	Bursa Cab Corp/Note 1				Term loan	03/23/01	09/10/23		1		*		6.00	%	$	0			$	49	$	49

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2011


*(Dollars in thousands)*	Obligor Name	Security Type (all restricted unless otherwise noted)				Acquisition Date	Maturity Date	# of Invest.		% of Net Assets		Interest Rate ⁽¹⁾			Capitalized Interest		Original Cost of 2011 Acquisitions⁽⁵⁾		Cost ⁽⁴⁾		Fair Value
	Chornomor Service Co				Term loan	10/28/11	10/27/14		1		*		3.75	%	$	0	$	1,200	$	45	$	47
	Trial Taxi Inc				Term loan	10/28/11	10/27/14		1		*		3.75	%	$	0	$	1,200	$	45	$	47
	Central Hacking Corp				Term loan	10/07/11	10/07/14		1		*		3.75	%	$	0	$	1,110	$	45	$	47
	Leka Transit Inc				Term loan	03/23/11	12/08/15		1		*		3.60	%	$	0	$	1,275	$	45	$	46
	Marg Cab Corp				Term loan	03/23/11	12/08/15		1		*		3.60	%	$	0	$	1,275	$	45	$	46
	Munchkin Transit Inc				Term loan	03/23/11	12/08/15		1		*		3.60	%	$	0	$	1,275	$	45	$	46
	Rus Cab Corp				Term loan	03/23/11	12/08/15		1		*		3.60	%	$	0	$	1,275	$	45	$	46
	Specter Cab Corp				Term loan	03/23/11	12/08/15		1		*		3.60	%	$	0	$	1,275	$	45	$	46
	Tate Cab Corp				Term loan	03/23/11	12/08/15		1		*		3.60	%	$	0	$	1,275	$	45	$	46
	W Sar Trans Corp				Term loan	03/23/11	12/08/15		1		*		3.60	%	$	0	$	1,275	$	45	$	46
	W Lol Trans Corp				Term loan	03/23/11	12/08/15		1		*		3.60	%	$	0	$	1,275	$	45	$	46
	Calcium One Service Inc				Term loan	02/23/07	02/23/17		1		*		6.40	%	$	0			$	46	$	46
	Ny Diploma Taxi Co				Term loan	07/20/07	07/20/17		1		*		6.75	%	$	0			$	46	$	46
	Batch-Bootch Express Cab/Mbnk				Term loan	03/14/11	03/28/15		1		*		7.26	%	$	0	$	43	$	43	$	42
	Bento Trans Corp/Mbnk				Term loan	03/14/11	03/28/15		1		*		7.66	%	$	0	$	43	$	43	$	42
	Nili Trans Corp/Mbnk				Term loan	03/14/11	03/28/15		1		*		7.66	%	$	0	$	43	$	43	$	42
	Niroosh Express Cab Corp/Mbnk				Term loan	03/14/11	03/28/15		1		*		7.66	%	$	0	$	43	$	43	$	42
	Sharon Express Cab C				Term loan	03/14/11	03/28/15		1		*		7.26	%	$	0	$	43	$	43	$	42
	Nosea Taxi Llc				Term loan	01/06/11	01/15/16		1		*		4.88	%	$	0	$	750	$	38	$	39
	Zahav Taxi Llc				Term loan	12/23/10	12/15/15		1		*		4.88	%	$	0			$	38	$	39
	Ravinder Singh & M Multani /Mbk				Term loan	06/02/11	06/02/14		1		*		10.43	%	$	0	$	40	$	39	$	39
	Humidity Hacking Corp				Term loan	10/21/10	12/22/16		1		*		4.35	%	$	0			$	37	$	39
	Binh Pham		#	#	Term loan	05/18/11	05/18/14		1		*		10.00	%	$	0	$	37	$	36	$	38
	Bursa Cab Corp/Note 2				Term loan	03/23/01	09/10/23		1		*		6.00	%	$	0			$	38	$	38
	Julia Rose Hacking Corp./Mbank				Term loan	10/21/10	12/22/16		1		*		6.73	%	$	0			$	38	$	38
	Mercedes Hacking Corp				Term loan	05/04/10	10/14/14		1		*		6.07	%	$	0			$	41	$	37
	Amr & Rina Taxi Inc		#	#	Term loan	09/27/11	09/27/16		1		*		6.00	%	$	0	$	35	$	34	$	36
	Claude Michael Lessage				Term loan	06/10/11	06/10/14		1		*		8.71	%	$	0	$	35	$	35	$	34
	Travis R Bazile & Jean Exinvil				Term loan	10/06/10	10/06/13		1		*		7.58	%	$	0			$	35	$	34
	Y.A.M. Associates Corp				Term loan	11/14/11	05/14/14		1		*		6.00	%	$	0	$	34	$	32	$	34
	Neer Cab Corp/Mbnk				Term loan	10/21/10	12/22/16		1		*		6.73	%	$	0			$	33	$	33
	M.M.Y Taxi Inc				Term loan	01/11/11	01/15/16		1		*		4.88	%	$	0	$	600	$	30	$	32
	N&A Taxi Inc				Term loan	01/11/11	01/15/16		1		*		4.88	%	$	0	$	600	$	30	$	32
	S&M Taxi Inc				Term loan	01/11/11	01/15/16		1		*		4.88	%	$	0	$	600	$	30	$	32
	Y Mati Taxi Inc				Term loan	01/11/11	01/15/16		1		*		4.88	%	$	0	$	600	$	30	$	32
	Y Michal Taxi Inc				Term loan	01/11/11	01/15/16		1		*		4.88	%	$	0	$	600	$	30	$	32
	Gerard G Tema				Term loan	12/06/10	12/06/13		1		*		6.50	%	$	0			$	30	$	32
	Y Mike Taxi Inc				Term loan	01/06/11	01/15/16		1		*		4.88	%	$	0	$	600	$	30	$	32
	Y Meir Taxi Inc				Term loan	01/11/11	01/15/16		1		*		4.88	%	$	0	$	600	$	30	$	32
	Elias Cab Corp		#	#	Term loan	04/14/08	04/14/12		1		*		5.25	%	$	0			$	32	$	32
	Atlas Agami Cab Corp				Term loan	05/25/11	06/01/14		1		*		4.00	%	$	0	$	550	$	27	$	29
	Columbia Agami Cab Corp				Term loan	05/25/11	06/01/14		1		*		4.00	%	$	0	$	550	$	27	$	29
	Mohammed Abdu & H Hedru/Mbank				Term loan	08/11/06	08/04/12		1		*		8.01	%	$	0			$	27	$	27
	Dominique Ismael &				Term loan	11/15/10	11/15/13		1		*		5.50	%	$	0			$	26	$	27
	Barth Taxi Llc/Mbank				Term loan	11/24/10	11/24/15		1		*		7.50	%	$	0			$	26	$	26
	Brandon Taxi Llc/Mbank				Term loan	11/24/10	11/24/15		1		*		7.50	%	$	0			$	26	$	26
	Jaspal Singh/Mbank				Term loan	10/27/10	10/27/13		1		*		7.00	%	$	0			$	25	$	25
	Pikada Transit Inc/Mbank				Term loan	12/08/09	12/22/16		1		*		6.72	%	$	0			$	26	$	25
	Trojan Cab Corp/Mbank				Term loan	12/08/09	12/22/16		1		*		6.72	%	$	0			$	26	$	25
	Trylon Transit Inc/Mbank				Term loan	12/08/09	12/22/16		1		*		6.72	%	$	0			$	26	$	25
	Yegal Express Cab Co/Mbank				Term loan	11/10/10	11/10/13		1		*		10.13	%	$	0			$	24	$	24
	Rigoberto Farciert/Mbank				Term loan	04/08/10	04/08/13		1		*		5.25	%	$	0			$	24	$	24
	Guy Fouyolle		#	#	Term loan	08/18/11	08/18/15		1		*		4.75	%	$	0	$	23	$	21	$	23
	Mry Taxi Inc				Term loan	12/23/10	12/15/15		1		*		4.88	%	$	0			$	21	$	23
	Ronen Taxi Inc				Term loan	12/23/10	12/15/15		1		*		4.88	%	$	0			$	21	$	23
	Opera Taxi Inc				Term loan	12/23/10	12/15/15		1		*		4.88	%	$	0			$	21	$	23
	Lakhbir Sing & Kuldi		#	#	Term loan	08/17/98	12/01/12		1		*		6.85	%	$	0			$	22	$	22
	Tyme Cab Corp				Term loan	04/04/06	04/15/14		1		*		4.50	%	$	0			$	22	$	22
	Nobert Auguste &				Term loan	09/01/11	09/01/14		1		*		14.00	%	$	0	$	18	$	17	$	19
	Harpal S Bhola & Sukhdev Singh				Term loan	07/24/09	07/23/12		1		*		6.00	%	$	0			$	19	$	19

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2011


*(Dollars in thousands)*	Obligor Name	Security Type (all restricted unless otherwise noted)				Acquisition Date	Maturity Date	# of Invest.		% of Net Assets			Interest Rate ⁽¹⁾			Capitalized Interest		Original Cost of 2011 Acquisitions⁽⁵⁾		Cost ⁽⁴⁾		Fair Value
	Redouan Laghiti/Mbnk				Term loan	12/05/08	08/26/16		1		*			8.32	%	$	0			$	19	$	19
	Edward Weber				Term loan	02/24/11	02/24/14		1		*			4.75	%	$	0	$	329	$	17	$	19
	Seide Venord/Mbank				Term loan	04/23/10	04/23/13		1		*			6.00	%	$	0			$	19	$	19
	2 Brothers Cab Corp				Term loan	10/14/11	10/14/14		1		*			3.75	%	$	0	$	405	$	16	$	18
	Abi Cab Corp				Term loan	10/14/11	10/14/14		1		*			3.75	%	$	0	$	405	$	16	$	18
	West Express Cab Corp/Nt 2/Mbk				Term loan	03/19/10	07/28/14		1		*			6.93	%	$	0			$	20	$	18
	Headway Transportation Inc				Term loan	09/26/11	09/26/14		1		*			7.00	%	$	0	$	17	$	16	$	18
	Strivers Way Inc				Term loan	09/26/11	09/26/14		1		*			7.00	%	$	0	$	17	$	16	$	18
	Brent Cab Corp				Term loan	07/02/09	07/02/14		1		*			4.80	%	$	0			$	17	$	17
	Ricky Cab Corp				Term loan	07/02/09	07/02/14		1		*			4.80	%	$	0			$	17	$	17
	Caddie Service Co I				Term loan	07/02/09	07/02/14		1		*			4.80	%	$	0			$	17	$	17
	King Ralph Taxi Corp				Term loan	07/02/09	07/02/14		1		*			4.80	%	$	0			$	17	$	17
	Doreen Express Cab Corp/Mbank				Term loan	03/22/10	03/22/20		1		*			5.75	%	$	0			$	16	$	15
	Jean M Venord/Mbank				Term loan	02/11/10	02/10/13		1		*			6.13	%	$	0			$	15	$	15
	Gurnam Singh/Mbank				Term loan	08/23/10	08/23/13		1		*			8.87	%	$	0			$	14	$	14
	Erwich Chery				Term loan	11/14/11	11/14/13		1		*			6.00	%	$	0	$	12	$	11	$	14
	Adam Vlahakis/Mbank				Term loan	10/23/09	10/23/12		1		*			7.78	%	$	0			$	12	$	12
	Humyoun Kabir/Mbank				Term loan	08/18/10	08/16/13		1		*			6.17	%	$	0			$	14	$	12
	Wagon Service Corp				Term loan	05/14/10	05/14/13		1		*			6.50	%	$	0			$	6	$	7
	West Express Cab Corp/Nt 1/Mbk				Term loan	03/19/10	07/28/14		1		*			6.87	%	$	0			$	6	$	6
	Jamcie Service Co Inc/Mbank				Term loan	06/29/09	07/28/14		1		*			6.80	%	$	0			$	5	$	5
	Wilfrid Barreau				Term loan	12/29/09	12/29/12		1		*			6.50	%	$	0			$	5	$	5
	Jorge R Sahad/Mbank				Term loan	04/27/10	04/27/13		1		*			8.34	%	$	0			$	5	$	4
	Two Filoi Taxi Inc				Term loan	01/15/04	01/15/14		1		*			5.75	%	$	0			$	3	$	3
Chicago									136		20	%		5.79	%	$	0	$	35,709	$	34,200	$	34,352
	Cozy Cab Et Al		#	#	Term loan	12/22/11	12/22/14		1		2	%		5.50	%	$	0	$	3,031	$	3,031	$	2,999
	Sweetgrass Peach &Chadwick Cap		#	#	Term loan	11/23/11	11/23/14		1		1	%		5.75	%	$	0	$	1,530	$	1,525	$	1,527
	Chicago Medallion Four Llc		#	#	Term loan	12/02/11	12/02/16		1		1	%		5.75	%	$	0	$	975	$	975	$	977
	Chicago Medallion One Llc		#	#	Term loan	12/02/11	12/02/16		1		1	%		5.75	%	$	0	$	975	$	975	$	977
	Chicago Medallion Three Llc		#	#	Term loan	12/02/11	12/02/16		1		1	%		5.75	%	$	0	$	975	$	975	$	977
	Chicago Medallion Two Llc		#	#	Term loan	12/02/11	12/02/16		1		1	%		5.75	%	$	0	$	975	$	975	$	977
	Blue Eyes Cab Corp		#	#	Term loan	08/02/11	08/02/14		1		1	%		5.75	%	$	0	$	870	$	863	$	864
	Lucky Seven Chicago One Inc		#	#	Term loan	08/02/11	08/02/14		1		1	%		5.75	%	$	0	$	870	$	863	$	864
	Chicago Medallion Nine Llc		#	#	Term loan	05/19/10	05/19/14		1		*			7.00	%	$	0			$	747	$	748
	Hudson Cab Corp		#	#	Term loan	08/16/11	08/16/14		1		*			5.00	%	$	0	$	750	$	746	$	748
	Harriet C Inc		#	#	Term loan	10/25/11	10/25/14		1		*			5.70	%	$	0	$	729	$	727	$	729
	Santorini Five Cab Corp		#	#	Term loan	10/11/11	08/16/14		1		*			5.00	%	$	0	$	601	$	599	$	601
	Santorini Four Cab Corp		#	#	Term loan	10/11/11	08/16/14		1		*			5.00	%	$	0	$	601	$	599	$	601
	Tribeca Two Cab Corp		#	#	Term loan	10/11/11	08/16/14		1		*			5.00	%	$	0	$	601	$	599	$	601
	Deka Cab Corp (Chicago)		#	#	Term loan	10/11/11	08/16/14		1		*			5.00	%	$	0	$	601	$	599	$	601
	Santorini Six Cab Corp		#	#	Term loan	08/16/11	08/16/14		1		*			5.00	%	$	0	$	600	$	597	$	599
	Deka Three Cab Corp		#	#	Term loan	08/16/11	08/16/14		1		*			5.00	%	$	0	$	600	$	597	$	598
	Santorini Two Cab Corp		#	#	Term loan	08/16/11	08/16/14		1		*			5.00	%	$	0	$	600	$	597	$	598
	Tribeca Three Cab Corp		#	#	Term loan	08/16/11	08/16/14		1		*			5.00	%	$	0	$	600	$	597	$	598
	Stny Taxi Corp		#	#	Term loan	08/16/11	08/16/14		1		*			5.00	%	$	0	$	600	$	597	$	598
	Mike Taxi Corp		#	#	Term loan	02/24/11	02/24/14		1		*			5.50	%	$	0	$	538	$	530	$	531
	Natalia Taxi Corp		#	#	Term loan	02/24/11	02/24/14		1		*			5.50	%	$	0	$	536	$	529	$	530
	M&N 5th Avenue Hacking Corp		#	#	Term loan	02/24/11	02/24/14		1		*			5.50	%	$	0	$	480	$	473	$	474
	Blue Valentine Cab Corp				Term loan	12/22/10	10/14/14		1		*			5.00	%	$	0			$	424	$	426
	Tumblin Dice Taxi Inc				Term loan	12/22/10	10/14/14		1		*			5.00	%	$	0			$	424	$	426
	Moo Moo Cab Co		#	#	Term loan	12/27/10	10/14/14		1		*			5.00	%	$	0			$	413	$	414
	6920 Cab Co		#	#	Term loan	12/02/09	12/02/13		1		*			6.90	%	$	0			$	357	$	357
	Rahwa & Bros Cab Co		#	#	Term loan	11/01/11	11/01/16		1		*			6.00	%	$	0	$	342	$	341	$	343
	Musanour Cab Inc		#	#	Term loan	12/16/11	12/16/16		1		*			5.75	%	$	0	$	330	$	330	$	332
	Good Cab Corp		#	#	Term loan	05/23/11	05/23/14		1		*			5.00	%	$	0	$	300	$	297	$	299
	American Buffalo Cab Corp				Term loan	12/22/10	10/14/14		1		*			5.00	%	$	0			$	283	$	284
	Deka Two Cab Corp		#	#	Term loan	11/29/10	11/29/13		1		*			5.00	%	$	0			$	281	$	282
	Chicago Medallion Seven Llc		#	#	Term loan	04/29/05	05/05/13		1		*			7.00	%	$	0			$	277	$	277
	Glendale Taxi Llc		#	#	Term loan	12/02/10	12/02/13		1		*			6.50	%	$	0			$	272	$	273

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2011


*(Dollars in thousands)*	Obligor Name	Security Type (all restricted unless otherwise noted)				Acquisition Date	Maturity Date	# of Invest.		% of Net Assets		Interest Rate ⁽¹⁾			Capitalized Interest		Original Cost of 2011 Acquisitions⁽⁵⁾		Cost ⁽⁴⁾		Fair Value
	Newcastle Taxi Llc		#	#	Term loan	12/01/10	12/01/13		1		*		6.50	%	$	0			$	272	$	273
	Marbella Taxi Llc		#	#	Term loan	11/04/10	11/04/13		1		*		6.50	%	$	0			$	271	$	273
	Manchester Taxi Llc		#	#	Term loan	12/13/10	12/13/13		1		*		6.50	%	$	0			$	271	$	272
	Lmb Taxi V Inc		#	#	Term loan	02/24/11	02/24/14		1		*		5.50	%	$	0	$	275	$	271	$	272
	Lmb Taxi Iv Inc		#	#	Term loan	02/24/11	02/24/14		1		*		5.50	%	$	0	$	275	$	271	$	272
	Illinois Taxi Llc		#	#	Term loan	11/09/10	11/09/13		1		*		6.50	%	$	0			$	271	$	272
	Leeds Taxi Llc		#	#	Term loan	10/01/10	10/01/13		1		*		6.50	%	$	0			$	271	$	272
	Liverpool Taxi Llc		#	#	Term loan	10/22/10	10/22/13		1		*		6.50	%	$	0			$	270	$	272
	Chicago Seven Inc				Term loan	08/03/11	08/03/14		1		*		5.75	%	$	0	$	3,625	$	258	$	259
	Eemahn Cab Co & Ashkahn Inc		#	#	Term loan	09/20/10	09/20/15		1		*		6.75	%	$	0			$	242	$	244
	Showcase Sports Management Cor		#	#	Term loan	01/22/10	01/22/13		1		*		6.00	%	$	0			$	238	$	238
	Achakus Inc/Mbank				Term loan	01/28/11	01/28/16		1		*		8.00	%	$	0	$	214	$	210	$	210
	Jbl Express Ii Inc				Term loan	11/04/11	11/04/15		1		*		5.75	%	$	0	$	195	$	192	$	194
	Carol Of Illinois Enterprises				Term loan	03/11/11	03/11/16		1		*		6.00	%	$	0	$	189	$	183	$	185
	Malaga Taxi Llc		#	#	Term loan	04/15/11	04/15/14		1		*		5.75	%	$	0	$	175	$	172	$	174
	Michael Two Cab Corp		#	#	Term loan	02/24/11	02/24/14		1		*		5.50	%	$	0	$	172	$	169	$	171
	Aniba Management & Services In		#	#	Term loan	12/16/11	12/16/16		1		*		5.75	%	$	0	$	165	$	165	$	167
	Alex Z Cab Corp				Term loan	12/01/11	12/01/16		1		*		6.00	%	$	0	$	159	$	158	$	160
	Tad Taxi Co				Term loan	12/01/11	12/01/16		1		*		6.00	%	$	0	$	159	$	158	$	160
	Harris 6741 Inc				Term loan	03/02/11	03/02/16		1		*		6.50	%	$	0	$	158	$	155	$	156
	Asmara Cab Company		#	#	Term loan	12/01/11	12/01/16		1		*		6.00	%	$	0	$	150	$	150	$	152
	Tasha Ride Inc				Term loan	03/15/11	03/15/16		1		*		6.50	%	$	0	$	153	$	150	$	152
	Semhar Corp		#	#	Term loan	10/20/11	10/20/16		1		*		6.00	%	$	0	$	150	$	149	$	151
	Deka Cab Corp (Chicago)		#	#	Term loan	08/16/11	08/16/14		1		*		5.00	%	$	0	$	150	$	149	$	151
	Shere Corp		#	#	Term loan	06/14/11	06/14/16		1		*		6.50	%	$	0	$	150	$	148	$	150
	Tahoora Transportation Inc.		#	#	Term loan	06/14/11	06/14/16		1		*		6.50	%	$	0	$	150	$	148	$	150
	Little Wing Cab Corp				Term loan	04/15/11	10/14/14		1		*		5.00	%	$	0	$	144	$	143	$	144
	Lemlemu Inc				Term loan	03/11/11	03/11/16		1		*		6.50	%	$	0	$	145	$	142	$	143
	Zeyrefda Inc				Term loan	11/15/10	11/15/15		1		*		6.50	%	$	0			$	141	$	143
	Little Wing Cab Corp				Term loan	12/22/10	10/14/14		1		*		5.00	%	$	0			$	142	$	143
	Osa Corp Of Chicago Inc		#	#	Term loan	04/28/11	04/28/16		1		*		6.50	%	$	0	$	150	$	141	$	143
	Carol Of Illinois Enterprises		#	#	Term loan	08/12/11	08/12/16		1		*		6.00	%	$	0	$	140	$	139	$	141
	Ultra Investment Corp		#	#	Term loan	03/22/11	03/22/16		1		*		6.50	%	$	0	$	140	$	137	$	138
	Tedom Inc				Term loan	02/14/11	02/14/15		1		*		6.50	%	$	0	$	140	$	137	$	138
	Malaga Taxi Llc		#	#	Term loan	11/02/10	11/02/13		1		*		6.50	%	$	0			$	135	$	136
	Significant Trans Inc				Term loan	03/15/11	03/15/16		1		*		6.75	%	$	0	$	137	$	134	$	136
	Jatt Inc				Term loan	02/23/11	02/23/16		1		*		6.50	%	$	0	$	136	$	133	$	134
	Annabelle Cab Corporation		#	#	Term loan	12/29/10	12/29/14		1		*		6.50	%	$	0			$	131	$	132
	Mekleteelsa Inc				Term loan	01/27/11	01/27/15		1		*		6.50	%	$	0	$	135	$	130	$	132
	Alem B Cab Inc		#	#	Term loan	12/09/10	12/09/15		1		*		6.00	%	$	0			$	130	$	132
	Three Kids Corp				Term loan	10/05/11	10/05/16		1		*		6.00	%	$	0	$	130	$	129	$	131
	Bedford Cab Two Corp				Term loan	07/30/10	08/01/13		1		*		5.75	%	$	0			$	127	$	128
	Imc Cab Corp				Term loan	08/27/10	09/01/13		1		*		5.75	%	$	0			$	126	$	127
	Interwoodex Inc		#	#	Term loan	11/02/10	11/02/14		1		*		6.50	%	$	0			$	126	$	127
	Kayla Hacking Corp		#	#	Term loan	02/24/11	02/24/14		1		*		5.50	%	$	0	$	128	$	126	$	127
	Karbala Express Inc				Term loan	08/02/10	08/02/15		1		*		8.50	%	$	0			$	125	$	126
	Alexandra School Cor		#	#	Term loan	06/15/10	06/15/15		1		*		7.00	%	$	0			$	121	$	126
	Taxi For Less Inc				Term loan	07/21/10	07/21/14		1		*		6.90	%	$	0			$	125	$	126
	M And L Taxi Corp				Term loan	07/30/10	07/30/15		1		*		6.75	%	$	0			$	122	$	123
	Jpg Cab Corp				Term loan	08/02/10	08/02/15		1		*		8.25	%	$	0			$	121	$	122
	Adi Express Inc				Term loan	08/03/10	08/03/15		1		*		6.75	%	$	0			$	119	$	121
	Delina Cab Inc				Term loan	12/21/10	12/21/15		1		*		6.00	%	$	0			$	119	$	121
	Yenemekoya Inc				Term loan	12/21/10	12/21/15		1		*		6.50	%	$	0			$	119	$	121
	Asmara Inc				Term loan	07/21/10	07/21/14		1		*		6.88	%	$	0			$	117	$	118
	Kale Trans Inc		#	#	Term loan	09/23/10	09/23/15		1		*		6.00	%	$	0			$	114	$	116
	Nour Enterprise Inc		#	#	Term loan	03/10/10	03/10/14		1		*		7.75	%	$	0			$	114	$	115
	Measho Cab Corp				Term loan	06/16/11	06/16/16		1		*		6.50	%	$	0	$	113	$	111	$	113
	Alireza Ajideh		#	#	Term loan	11/25/09	11/20/13		1		*		7.90	%	$	0			$	113	$	113
	Pireas Taxi Corp		#	#	Term loan	07/20/09	07/20/12		1		*		6.63	%	$	0			$	105	$	106
	Paik Cab Co				Term loan	05/26/10	05/26/15		1		*		8.50	%	$	0			$	102	$	103

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2011


*(Dollars in thousands)*	Obligor Name	Security Type (all restricted unless otherwise noted)				Acquisition Date	Maturity Date	# of Invest.		% of Net Assets			Interest Rate ⁽¹⁾			Capitalized Interest		Original Cost of 2011 Acquisitions⁽⁵⁾		Cost ⁽⁴⁾		Fair Value
	Sny Cab Inc		#	#	Term loan	12/14/11	12/14/16		1		*			6.00	%	$	0	$	100	$	100	$	102
	Mikhalia Cabs Nine Inc		#	#	Term loan	02/24/11	02/24/14		1		*			5.50	%	$	0	$	96	$	95	$	96
	Valasia Cab Co				Term loan	04/08/09	03/10/12		1		*			6.63	%	$	0			$	94	$	94
	Tigray Cab Inc				Term loan	12/03/10	12/03/15		1		*			6.50	%	$	0			$	92	$	94
	Nakfa Corp				Term loan	07/30/10	07/30/13		1		*			6.50	%	$	0			$	92	$	93
	Addis Flower Taxi Cab Service				Term loan	05/23/11	05/23/16		1		*			6.50	%	$	0	$	90	$	88	$	90
	Che Ju Cab Co Ii		#	#	Term loan	12/22/08	12/18/13		1		*			8.00	%	$	0			$	78	$	78
	Antar Trans Inc				Term loan	02/23/11	02/23/16		1		*			6.50	%	$	0	$	75	$	73	$	75
	Tyrone Henderson				Term loan	11/21/11	11/21/16		1		*			7.25	%	$	0	$	64	$	64	$	66
	New Flower Inc		#	#	Term loan	12/13/10	12/13/15		1		*			6.50	%	$	0			$	57	$	59
	Any Cab Corp				Term loan	10/11/11	08/16/14		1		*			5.00	%	$	0	$	902	$	46	$	48
	N And M Valdof Hacking Corp				Term loan	02/24/11	02/24/14		1		*			5.50	%	$	0	$	596	$	46	$	47
	Natasha Transportation Inc				Term loan	02/24/11	02/24/14		1		*			5.50	%	$	0	$	538	$	42	$	43
	Chicago Jacal Hacking Corp				Term loan	02/24/11	02/24/14		1		*			5.50	%	$	0	$	535	$	42	$	43
	Oia Cab Corp				Term loan	08/16/11	08/16/14		1		*			5.00	%	$	0	$	750	$	40	$	41
	Saleem Inc & Jeff Cab Co		#	#	Term loan	10/17/08	10/15/13		1		*			8.50	%	$	0			$	34	$	34
	Laight Taxi Corp				Term loan	08/16/11	08/16/14		1		*			5.00	%	$	0	$	600	$	32	$	33
	Madison Cab Corp				Term loan	08/16/11	08/16/14		1		*			5.00	%	$	0	$	600	$	32	$	33
	Baby Blue Cab Corp/Mbank				Term loan	12/29/10	10/14/14		1		*			7.47	%	$	0			$	28	$	28
	Deal Cab Inc/Mbank				Term loan	12/29/10	10/14/14		1		*			7.47	%	$	0			$	28	$	28
	Mai Sheka Inc				Term loan	06/27/11	06/27/16		1		*			6.50	%	$	0	$	25	$	24	$	25
	Greenwich Cab Corp				Term loan	10/11/11	05/23/14		1		*			5.00	%	$	0	$	449	$	23	$	25
	Chicago Jacal Hacking Ii Corp				Term loan	02/24/11	02/24/14		1		*			5.50	%	$	0	$	304	$	24	$	25
	Mike Nat Hacking Chicago Corp				Term loan	02/24/11	02/24/14		1		*			5.50	%	$	0	$	270	$	21	$	22
	Bks Hacking Chicago Corp				Term loan	02/24/11	02/24/14		1		*			5.50	%	$	0	$	269	$	21	$	22
	Loni’s Two Cab Corp				Term loan	02/24/11	02/24/14		1		*			5.50	%	$	0	$	249	$	19	$	21
	Brilon One Cab Corp				Term loan	02/24/11	02/24/14		1		*			5.50	%	$	0	$	249	$	19	$	21
	Franklin Taxi Llc				Term loan	10/11/11	06/15/14		1		*			5.00	%	$	0	$	350	$	18	$	20
	St Petersburg Taxi Llc				Term loan	10/11/11	06/15/14		1		*			5.00	%	$	0	$	350	$	18	$	20
	Any Cab Two Corp				Term loan	10/11/11	08/16/14		1		*			5.00	%	$	0	$	301	$	15	$	18
	Eemahn Cab Co & Ashkahn Inc				Term loan	09/20/10	09/20/15		1		*			6.75	%	$	0			$	16	$	17
	Piraeus Taxi Llc				Term loan	06/15/11	06/15/14		1		*			8.75	%	$	0	$	14	$	14	$	14
	Spetses Taxi Llc/Mbank				Term loan	06/15/11	06/15/14		1		*			8.75	%	$	0	$	14	$	14	$	14
	Midnight Moonlight Taxi Inc/Mb				Term loan	12/28/10	10/14/14		1		*			7.47	%	$	0			$	14	$	14
	Mongolia Taxi Llc/Mbank				Term loan	12/23/10	12/23/13		1		*			9.00	%	$	0			$	14	$	14
	Eri Trans Inc/Mbank				Term loan	12/01/10	12/01/15		1		*			10.30	%	$	0			$	12	$	12
	C&J Trans Inc				Term loan	03/03/10	09/03/12		1		*			7.00	%	$	0			$	9	$	10
	Moses J Frank		#	#	Term loan	08/19/08	08/15/12		1		*			8.00	%	$	0			$	8	$	8
	Good Cab Corp/Mbank				Term loan	12/10/10	12/10/13		1		*			7.95	%	$	0			$	7	$	7
	Sweetgrass Capital Corp/Mbank				Term loan	01/13/11	01/13/16		1		*			9.00	%	$	0	$	7	$	6	$	6
	Saimon Trans Inc/Mbank				Term loan	12/01/10	12/01/15		1		*			10.30	%	$	0			$	6	$	6
	Mai-Nefhi Trans Inc/Mbank				Term loan	12/16/10	12/16/15		1		*			8.75	%	$	0			$	5	$	5
Newark									109		10	%		7.38	%	$	0	$	6,009	$	17,693	$	17,790
	Rachel Llc				Term loan	04/14/11	04/14/15		1		*			7.50	%	$	0	$	259	$	256	$	257
	085 Force Llc &				Term loan	02/17/11	02/17/15		1		*			7.00	%	$	0	$	260	$	255	$	257
	R And B Taxi Company				Term loan	01/15/10	01/14/14		1		*			7.00	%	$	0			$	257	$	257
	Lesly Jeanjoseph				Term loan	01/09/09	01/08/13		1		*			7.50	%	$	0			$	256	$	256
	Grec Taxi Corp				Term loan	12/08/11	12/08/15		1		*			6.00	%	$	0	$	250	$	250	$	252
	Mido Taxi Inc		#	#	Term loan	12/04/08	12/04/12		1		*			7.50	%	$	0			$	251	$	252
	Wilner Novaly &				Term loan	08/12/10	07/22/14		1		*			7.50	%	$	0			$	246	$	248
	Abraham Taxi #1 Corp				Term loan	12/08/11	12/08/21		1		*			6.00	%	$	0	$	245	$	245	$	247
	M.K. Taxi Inc				Term loan	04/14/11	04/14/15		1		*			6.75	%	$	0	$	250	$	245	$	247
	Josh & Becka Taxi Inc				Term loan	01/15/10	01/15/13		1		*			7.25	%	$	0			$	245	$	246
	P.C. Taxi Corp		#	#	Term loan	10/07/10	10/07/14		1		*			7.50	%	$	0			$	244	$	245
	Romise Fils-Aime				Term loan	06/10/10	06/10/14		1		*			7.50	%	$	0			$	241	$	242
	Ekny Fils-Aime		#	#	Term loan	10/17/11	10/17/16		1		*			6.25	%	$	0	$	240	$	239	$	241
	Manny Fresh Top Corp				Term loan	05/29/09	05/29/13		1		*			8.00	%	$	0			$	237	$	237
	Semsema Trans Corporation				Term loan	06/11/09	06/09/12		1		*			7.25	%	$	0			$	235	$	235
	Lagrande Taxi Corp				Term loan	12/11/09	12/03/13		1		*			7.50	%	$	0			$	229	$	230

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2011


*(Dollars in thousands)*	Obligor Name	Security Type (all restricted unless otherwise noted)				Acquisition Date	Maturity Date	# of Invest.		% of Net Assets		Interest Rate ⁽¹⁾			Capitalized Interest		Original Cost of 2011 Acquisitions⁽⁵⁾		Cost ⁽⁴⁾		Fair Value
	Jacob Joseph		#	#	Term loan	04/02/09	04/02/13		1		*		8.50	%	$	0			$	227	$	227
	One At A Time Time Transport I				Term loan	06/10/10	06/10/13		1		*		6.00	%	$	0			$	225	$	226
	Maitre Joa Llc				Term loan	08/04/11	08/04/15		1		*		7.50	%	$	0	$	227	$	225	$	226
	Cmgv #2 Taxi Inc				Term loan	09/16/10	09/16/14		1		*		7.50	%	$	0			$	224	$	226
	Dern #2 Taxi Inc				Term loan	09/16/10	09/16/14		1		*		7.50	%	$	0			$	224	$	226
	Hg & Zg Corporation				Term loan	09/17/09	09/17/12		1		*		7.25	%	$	0			$	225	$	225
	Levangile Milcent				Term loan	05/04/11	05/04/15		1		*		6.50	%	$	0	$	225	$	222	$	224
	Carvin Taxi Inc				Term loan	04/14/11	04/14/15		1		*		7.00	%	$	0	$	225	$	222	$	224
	Jehova Nissi Taxi Inc		#	#	Term loan	02/07/08	02/08/12		1		*		8.25	%	$	0			$	224	$	224
	Joseph Duverneau		#	#	Term loan	02/17/11	02/17/15		1		*		7.00	%	$	0	$	225	$	220	$	222
	Erick Fleuridor		#	#	Term loan	08/07/08	08/07/12		1		*		8.75	%	$	0			$	220	$	220
	Jean Dalcy		#	#	Term loan	05/12/11	05/12/14		1		*		7.00	%	$	0	$	220	$	217	$	219
	Joseph And Jamar Inc		#	#	Term loan	10/07/10	10/07/14		1		*		7.50	%	$	0			$	217	$	218
	Marcillino Corp		#	#	Term loan	09/04/08	09/04/13		1		*		7.50	%	$	0			$	218	$	218
	Menes Lormejuste &				Term loan	09/03/09	09/03/13		1		*		8.00	%	$	0			$	215	$	215
	Fils Julien		#	#	Term loan	09/03/09	09/03/13		1		*		7.50	%	$	0			$	213	$	214
	Stany Inc				Term loan	05/12/11	05/12/15		1		*		6.75	%	$	0	$	214	$	211	$	213
	Gerard Revolus				Term loan	05/15/08	04/30/12		1		*		7.75	%	$	0			$	212	$	212
	Luckner Etienne		#	#	Term loan	02/05/09	02/13/13		1		*		7.25	%	$	0			$	211	$	211
	S.J.L.T Joujean Inc				Term loan	04/03/08	04/03/12		1		*		8.00	%	$	0			$	207	$	207
	Alix Exavier		#	#	Term loan	04/02/09	04/02/13		1		*		7.50	%	$	0			$	207	$	207
	Timax 426 Inc				Term loan	02/05/09	02/05/13		1		*		7.50	%	$	0			$	203	$	203
	Marie Augustin				Term loan	02/04/10	02/04/14		1		*		7.50	%	$	0			$	203	$	203
	Herve Dameus & James Dameus		#	#	Term loan	01/25/11	01/20/15		1		*		7.50	%	$	0	$	203	$	199	$	201
	Matias Paul		#	#	Term loan	05/12/11	05/12/15		1		*		6.75	%	$	0	$	200	$	197	$	200
	Thomas Lahens		#	#	Term loan	06/09/11	06/09/15		1		*		6.75	%	$	0	$	201	$	199	$	199
	Zoune Taxi #2 Inc		#	#	Term loan	10/12/11	10/06/16		1		*		7.50	%	$	0	$	197	$	196	$	199
	Daniel Charles 2nd				Term loan	12/30/09	12/30/13		1		*		8.00	%	$	0			$	197	$	196
	Jodieu Taxi Inc &				Term loan	09/17/09	09/17/13		1		*		8.50	%	$	0			$	195	$	196
	Mfc Taxi Corp		#	#	Term loan	09/20/11	09/19/16		1		*		6.50	%	$	0	$	196	$	195	$	195
	Chell 11 Corp				Term loan	08/12/10	08/05/14		1		*		7.00	%	$	0			$	194	$	195
	Micheline Luxeus		#	#	Term loan	01/08/09	01/08/13		1		*		7.50	%	$	0			$	193	$	194
	Robert Pierre-Louis		#	#	Term loan	04/09/10	04/09/14		1		*		8.00	%	$	0			$	187	$	189
	Robert Pierre-Louis		#	#	Term loan	04/09/10	04/09/14		1		*		8.00	%	$	0			$	187	$	189
	Sergo Xavier Previlon		#	#	Term loan	10/15/09	10/15/13		1		*		7.50	%	$	0			$	188	$	188
	Jonas Jerome				Term loan	02/04/10	02/04/14		1		*		7.75	%	$	0			$	187	$	188
	Just 8 Taxi #2 Inc		#	#	Term loan	09/20/11	09/19/15		1		*		6.00	%	$	0	$	186	$	184	$	186
	Marie Jeanne Philemon				Term loan	07/07/11	07/07/15		1		*		6.50	%	$	0	$	184	$	183	$	185
	Erick Fleuridor				Term loan	12/15/09	12/02/13		1		*		7.75	%	$	0			$	178	$	178
	Cassandra & Joseph Sejour Inc				Term loan	04/09/10	04/09/14		1		*		7.75	%	$	0			$	176	$	178
	Bidon Taxi Inc				Term loan	08/04/11	08/04/15		1		*		6.50	%	$	0	$	177	$	175	$	178
	Adieula Figaro		#	#	Term loan	10/06/11	10/06/15		1		*		6.00	%	$	0	$	176	$	175	$	177
	Simone Francois		#	#	Term loan	05/06/11	05/06/15		1		*		7.75	%	$	0	$	175	$	174	$	176
	Saintilia Charles		#	#	Term loan	09/13/10	09/13/14		1		*		7.50	%	$	0			$	176	$	176
	Jean Milo Saintus				Term loan	04/14/11	04/14/15		1		*		6.75	%	$	0	$	174	$	171	$	173
	Jeannot Louis				Term loan	06/11/09	06/11/13		1		*		7.00	%	$	0			$	170	$	171
	Sonson Taxi Inc				Term loan	04/09/10	04/09/14		1		*		7.75	%	$	0			$	168	$	169
	Charata Taxi Inc				Term loan	04/09/10	04/09/14		1		*		7.75	%	$	0			$	165	$	167
	Antoines Dortin		#	#	Term loan	08/12/10	08/12/14		1		*		7.50	%	$	0			$	161	$	162
	Ahmad Taxi Inc				Term loan	06/09/11	06/09/16		1		*		6.75	%	$	0	$	163	$	159	$	161
	0127 Incorporated		#	#	Term loan	08/07/08	08/07/12		1		*		8.00	%	$	0			$	159	$	159
	Mebele Pierre		#	#	Term loan	10/07/10	10/07/14		1		*		7.25	%	$	0			$	155	$	156
	Charles Agesilas		#	#	Term loan	07/10/09	07/10/14		1		*		7.50	%	$	0			$	153	$	154
	Joseph Francilus				Term loan	03/22/11	03/21/16		1		*		7.00	%	$	0	$	155	$	151	$	152
	Forward Taxi Corp				Term loan	04/12/07	04/12/12		1		*		8.75	%	$	0			$	144	$	144
	Yves Frantz Philemon				Term loan	01/20/11	01/20/15		1		*		7.50	%	$	0	$	146	$	141	$	143
	Renelus Dieujuste		#	#	Term loan	12/03/09	12/03/13		1		*		7.50	%	$	0			$	141	$	141
	Three Sons 2 Taxi Inc				Term loan	10/15/09	10/15/15		1		*		8.00	%	$	0			$	141	$	141
	Alhayat Taxi Inc				Term loan	07/07/11	07/07/15		1		*		7.25	%	$	0	$	143	$	138	$	140
	Jovin Taxi Inc		#	#	Term loan	03/09/09	03/09/13		1		*		7.50	%	$	0			$	140	$	140

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2011


*(Dollars in thousands)*	Obligor Name	Security Type (all restricted unless otherwise noted)				Acquisition Date	Maturity Date	# of Invest.		% of Net Assets			Interest Rate ⁽¹⁾			Capitalized Interest		Original Cost of 2011 Acquisitions⁽⁵⁾		Cost ⁽⁴⁾		Fair Value
	Bettie Jean				Term loan	10/11/07	10/11/12		1		*			8.75	%	$	0			$	138	$	138
	Louibert Julien				Term loan	06/19/09	06/19/14		1		*			7.00	%	$	0			$	136	$	137
	Lucita Dorely				Term loan	10/16/09	10/15/13		1		*			8.50	%	$	0			$	135	$	135
	E Z 4 U Inc				Term loan	01/17/08	01/17/12		1		*			9.00	%	$	0			$	131	$	131
	Amilcar Prophete				Term loan	04/02/09	04/02/13		1		*			7.50	%	$	0			$	128	$	128
	Olga Morales		#	#	Term loan	04/03/08	04/03/12		1		*			8.00	%	$	0			$	122	$	122
	Don Taxi Corp		#	#	Term loan	09/02/10	09/02/14		1		*			7.50	%	$	0			$	110	$	112
	Saintvill #2 Taxi Corp				Term loan	12/14/09	12/03/13		1		*			7.50	%	$	0			$	106	$	106
	Ruthe Edouard		#	#	Term loan	02/07/08	02/07/12		1		*			8.00	%	$	0			$	101	$	101
	Gerald Jean-Louis		#	#	Term loan	04/02/09	04/02/13		1		*			8.50	%	$	0			$	98	$	98
	Pegy Taxi Corp				Term loan	02/17/11	02/17/17		1		*			6.50	%	$	0	$	106	$	95	$	97
	Praise The Lord Taxi Inc				Term loan	05/20/11	05/20/15		1		*			6.75	%	$	0	$	95	$	92	$	94
	Clameus Estimable				Term loan	05/06/10	05/06/14		1		*			7.50	%	$	0			$	92	$	93
	Gethsemane Inc				Term loan	02/27/09	02/27/14		1		*			7.68	%	$	0			$	91	$	91
	Pierre Sterling				Term loan	01/11/07	01/11/12		1		*			8.75	%	$	0			$	90	$	90
	Mr Clean Sdam Taxi Llc				Term loan	06/09/11	06/09/15		1		*			6.75	%	$	0	$	85	$	84	$	86
	Webert Joseph				Term loan	02/17/11	02/17/17		1		*			6.50	%	$	0	$	87	$	77	$	79
	Jean Belony				Term loan	06/09/11	06/09/16		1		*			6.50	%	$	0	$	77	$	70	$	73
	100 Taxi #2 Corp				Term loan	07/25/08	07/25/15		1		*			8.00	%	$	0			$	68	$	68
	Abanob Trans Inc				Term loan	06/14/07	06/14/14		1		*			8.00	%	$	0			$	55	$	55
	Marie T0 #2 Taxi Corp				Term loan	12/07/06	12/07/13		1		*			8.00	%	$	0			$	46	$	46
	Saeiid Llc				Term loan	09/06/11	09/06/16		1		*			6.25	%	$	0	$	45	$	44	$	46
	Marie C Taxi Inc				Term loan	04/12/07	04/12/14		1		*			8.00	%	$	0			$	36	$	36
	Tchacito #2 Taxi Corp				Term loan	12/07/06	12/07/13		1		*			8.00	%	$	0			$	35	$	35
	Graciela Carbajal				Term loan	05/10/07	05/10/14		1		*			8.00	%	$	0			$	33	$	33
	Two Mens Taxi Inc				Term loan	09/20/00	09/29/13		1		*			8.25	%	$	0			$	29	$	29
	El-Aman Express Llc				Term loan	01/17/08	01/28/12		1		*			7.25	%	$	0			$	24	$	24
	El-Aman Express Llc				Term loan	02/07/08	02/11/12		1		*			7.25	%	$	0			$	23	$	23
	Michel Ulysse				Term loan	04/06/00	11/01/12		1		*			8.50	%	$	0			$	21	$	21
	Serge Garcon				Term loan	01/17/08	01/17/12		1		*			8.50	%	$	0			$	20	$	20
	Akwaaba Taxi Inc				Term loan	09/04/08	09/04/12		1		*			7.50	%	$	0			$	19	$	19
	El-Aman Express Llc				Term loan	01/17/08	01/28/12		1		*			7.25	%	$	0			$	18	$	18
	Michaelange Corp				Term loan	11/22/04	11/23/14		1		*			8.25	%	$	0			$	10	$	10
Boston									59		10	%		6.56	%	$	0	$	7,118	$	16,955	$	17,012
	Piff & Hector Cab Inc				Term loan	01/04/08	01/04/13		1		*			7.13	%	$	0			$	731	$	731
	Chidi Trans Inc		#	#	Term loan	11/17/11	11/17/14		1		*			6.00	%	$	0	$	720	$	719	$	721
	Odat Taxi, Inc.				Term loan	01/12/11	01/12/14		1		*			6.75	%	$	0	$	697	$	687	$	689
	Arinze Trans Inc				Term loan	02/05/10	02/05/13		1		*			7.25	%	$	0			$	629	$	629
	Dp Taxi Inc		#	#	Term loan	12/17/10	12/17/13		1		*			6.00	%	$	0			$	623	$	624
	Chiso Trans Inc				Term loan	11/30/09	11/30/13		1		*			7.25	%	$	0			$	568	$	568
	Chiso Trans Inc				Term loan	07/24/08	07/24/13		1		*			7.00	%	$	0			$	562	$	562
	Chidi Trans Inc		#	#	Term loan	07/24/08	07/24/13		1		*			7.00	%	$	0			$	561	$	561
	Arinze Trans Inc		#	#	Term loan	07/24/08	07/24/13		1		*			7.00	%	$	0			$	561	$	561
	Johnson Holdings Inc		#	#	Term loan	07/24/08	07/24/13		1		*			7.00	%	$	0			$	559	$	559
	Memory Cab Company Inc		#	#	Term loan	01/14/11	01/14/14		1		*			6.25	%	$	0	$	560	$	548	$	549
	Mansour Cab Co Inc		#	#	Term loan	01/14/11	01/14/14		1		*			6.25	%	$	0	$	560	$	547	$	549
	Gabriel Trans Holdings Inc				Term loan	11/30/09	11/30/13		1		*			7.25	%	$	0			$	474	$	474
	P&P Dumerant Corp				Term loan	10/28/11	10/28/14		1		*			7.00	%	$	0	$	385	$	385	$	387
	Myra Inc				Term loan	11/10/11	11/10/14		1		*			7.50	%	$	0	$	356	$	356	$	356
	H And H Taxi Inc		#	#	Term loan	11/17/11	11/17/14		1		*			6.00	%	$	0	$	353	$	352	$	354
	Saint Inc				Term loan	11/10/11	11/10/14		1		*			7.50	%	$	0	$	352	$	352	$	352
	Jv Taxi Inc				Term loan	11/23/10	11/23/13		1		*			6.50	%	$	0			$	337	$	339
	Ngozi Trans Inc.		#	#	Term loan	04/22/11	04/22/14		1		*			6.25	%	$	0	$	341	$	333	$	335
	Bel-Vu Cab Inc		#	#	Term loan	04/08/11	04/08/14		1		*			6.25	%	$	0	$	335	$	330	$	332
	Jmf Cab Inc		#	#	Term loan	01/26/11	01/26/14		1		*			6.63	%	$	0	$	335	$	328	$	330
	Andrelina & Suzie Cab Inc				Term loan	08/17/10	08/17/13		1		*			7.13	%	$	0			$	321	$	322
	Djbell Love Inc		#	#	Term loan	08/05/11	08/05/14		1		*			6.00	%	$	0	$	318	$	315	$	317
	Jesus Denis Cab Inc		#	#	Term loan	09/24/10	09/24/13		1		*			6.25	%	$	0			$	312	$	313
	Shemarjamalie Cab Inc				Term loan	11/25/09	11/25/12		1		*			7.50	%	$	0			$	306	$	306

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2011


*(Dollars in thousands)*	Obligor Name	Security Type (all restricted unless otherwise noted)				Acquisition Date	Maturity Date	# of Invest.		% of Net Assets			Interest Rate ⁽¹⁾			Capitalized Interest		Original Cost of 2011 Acquisitions⁽⁵⁾		Cost ⁽⁴⁾		Fair Value
	Sasun Cab Inc				Term loan	02/26/10	08/26/13		1		*			7.25	%	$	0			$	301	$	302
	Jre Taxi Inc		#	#	Term loan	08/26/11	08/26/14		1		*			6.00	%	$	0	$	300	$	298	$	301
	Urzal Taxi Inc		#	#	Term loan	11/05/10	11/05/13		1		*			6.00	%	$	0			$	292	$	293
	Amitaf Cab Inc		#	#	Term loan	09/24/10	09/24/13		1		*			6.25	%	$	0			$	291	$	292
	God Is Good Inc		#	#	Term loan	11/25/09	11/25/12		1		*			7.00	%	$	0			$	286	$	286
	Louine Cab Inc				Term loan	02/06/09	02/06/13		1		*			7.50	%	$	0			$	282	$	282
	Phatricksey Cab Inc		#	#	Term loan	07/14/11	07/14/14		1		*			5.50	%	$	0	$	272	$	270	$	272
	Ngozi Trans Inc.		#	#	Term loan	10/14/11	10/14/14		1		*			6.00	%	$	0	$	270	$	266	$	269
	Chardon Taxi Inc				Term loan	10/20/11	10/20/14		1		*			6.75	%	$	0	$	263	$	262	$	264
	Matrem, Inc.		#	#	Term loan	04/11/08	04/11/13		1		*			3.50	%	$	0			$	234	$	234
	Amour Inc.		#	#	Term loan	04/11/08	04/11/13		1		*			3.50	%	$	0			$	234	$	234
	Agla, Inc.		#	#	Term loan	04/11/08	04/11/13		1		*			3.50	%	$	0			$	234	$	234
	Kirry Cab Inc				Term loan	01/04/08	01/04/13		1		*			7.13	%	$	0			$	225	$	225
	Belmontagne Inc		#	#	Term loan	05/02/08	05/02/13		1		*			6.50	%	$	0			$	208	$	208
	Ngozi Trans Inc.		#	#	Term loan	06/20/08	06/20/13		1		*			7.00	%	$	0			$	205	$	205
	Dabola Cab Inc		#	#	Term loan	11/10/11	11/10/14		1		*			5.50	%	$	0	$	185	$	185	$	187
	Stanley & Rachelle Cab Inc				Term loan	05/23/11	05/23/14		1		*			6.00	%	$	0	$	187	$	184	$	186
	Mwinkteana Cab Inc		#	#	Term loan	05/10/11	05/10/14		1		*			6.00	%	$	0	$	169	$	166	$	168
	Chiso Trans Inc Et Al				Term loan	12/23/10	12/23/13		1		*			7.25	%	$	0			$	117	$	119
	Gabriel Trans Holdings Et Al				Term loan	07/11/11	07/11/16		1		*			6.50	%	$	0	$	90	$	84	$	86
	Family Trans Inc				Term loan	03/20/09	03/20/13		1		*			7.25	%	$	0			$	80	$	80
	Piff & Hector Cab Inc &				Term loan	10/29/08	10/29/12		1		*			8.25	%	$	0			$	65	$	65
	Johnson Holdings Inc				Term loan	10/01/10	10/01/15		1		*			6.63	%	$	0			$	60	$	61
	Kena Cab Inc		#	#	Term loan	11/02/07	11/02/12		1		*			3.25	%	$	0			$	57	$	57
	Boband Cab Inc				Term loan	05/14/10	05/14/13		1		*			6.25	%	$	0			$	46	$	46
	Sarhad Coach Inc				Term loan	05/23/08	05/23/13		1		*			7.00	%	$	0			$	44	$	44
	Brattle Transpor Service/Mbank				Term loan	12/17/09	12/17/12		1		*			8.00	%	$	0			$	40	$	39
	Sunshine Cab Inc		#	#	Term loan	06/12/07	06/12/12		1		*			8.50	%	$	0			$	30	$	30
	Sasun Cab Inc				Term loan	04/01/11	04/01/16		1		*			6.63	%	$	0	$	30	$	27	$	29
	Marthine Cab Inc				Term loan	09/17/10	09/17/14		1		*			6.25	%	$	0			$	25	$	27
	Theo Cab Inc/Mbank				Term loan	01/12/11	01/12/14		1		*			9.66	%	$	0	$	21	$	20	$	20
	Dadou Cab Inc/Mbank				Term loan	01/12/11	01/12/14		1		*			9.66	%	$	0	$	21	$	20	$	20
	O.M. Taxi Inc/Mbank				Term loan	05/14/10	05/14/13		1		*			8.00	%	$	0			$	18	$	17
	Shemarjamalie Cab Inc				Term loan	02/17/10	02/17/15		1		*			8.00	%	$	0			$	7	$	8
Cambridge					Term loan				21		4	%		6.62	%	$	0	$	1,405	$	6,179	$	6,198
	Gcf Taxi Inc		#	#	Term loan	10/08/10	10/08/13		1		*			6.60	%	$	0			$	703	$	705
	Gcf Taxi Inc, Et Al/B Note				Term loan	11/18/10	11/18/20		1		*			6.25	%	$	0			$	563	$	565
	Mgf Taxi Inc				Term loan	05/06/11	05/06/14		1		*			6.50	%	$	0	$	390	$	385	$	387
	Hope-Lynn Cabworks Inc		#	#	Term loan	04/01/11	04/01/14		1		*			6.00	%	$	0	$	379	$	373	$	375
	Keep It Cool Inc		#	#	Term loan	03/31/11	03/31/14		1		*			6.00	%	$	0	$	350	$	346	$	347
	Desdunes Cab Inc				Term loan	08/13/10	08/13/13		1		*			6.38	%	$	0			$	338	$	340
	Drumman Trans Inc				Term loan	03/28/08	03/28/13		1		*			7.13	%	$	0			$	338	$	339
	Patrick Cab Inc				Term loan	12/15/09	12/15/12		1		*			6.95	%	$	0			$	338	$	338
	Andrew Cab Inc				Term loan	12/15/09	12/15/12		1		*			6.95	%	$	0			$	335	$	336
	Delivrance Cab Inc		#	#	Term loan	10/21/09	10/21/12		1		*			7.50	%	$	0			$	320	$	320
	Legend Trans Inc				Term loan	01/29/10	07/29/13		1		*			7.40	%	$	0			$	318	$	318
	Sam Taxi Inc				Term loan	03/19/10	03/10/13		1		*			6.50	%	$	0			$	316	$	317
	Sabine Cab Inc		#	#	Term loan	11/23/11	11/23/14		1		*			5.50	%	$	0	$	286	$	286	$	288
	Jablem Cab Inc		#	#	Term loan	05/17/10	05/17/13		1		*			6.25	%	$	0			$	279	$	280
	Raad Taxi Inc				Term loan	06/04/08	06/04/12		1		*			7.25	%	$	0			$	273	$	273
	Marcia And Everton Cab Inc		#	#	Term loan	10/30/09	10/30/12		1		*			6.75	%	$	0			$	242	$	243
	Randah Cab Inc		#	#	Term loan	11/15/10	11/15/13		1		*			5.75	%	$	0			$	221	$	223
	Taxi Technology Inc		#	#	Term loan	01/30/09	01/30/13		1		*			7.75	%	$	0			$	117	$	118
	Viel Cab Inc/Mbank				Term loan	02/19/10	02/19/13		1		*			9.22	%	$	0			$	47	$	48
	B & V Cab Inc				Term loan	05/07/10	05/07/13		1		*			8.00	%	$	0			$	21	$	21
	Gasperina Trans Inc/Mbank				Term loan	09/19/08	03/19/12		1		*			7.36	%	$	0			$	18	$	18
Other									21		3	%		6.54	%	$	0	$	2,930	$	4,318	$	4,336
	Dorit Matityahu		#	#	Term loan	08/04/11	08/04/14		1		1	%		6.25	%	$	0	$	2,209	$	2,187	$	2,189

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2011


*(Dollars in thousands)*	Obligor Name		Security Type (all restricted unless otherwise noted)		Acquisition Date	Maturity Date	# of Invest.		% of Net Assets			Interest Rate ⁽¹⁾			Capitalized Interest		Original Cost of 2011 Acquisitions⁽⁵⁾		Cost ⁽⁴⁾		Fair Value
		Sephardic Taxi Llc	##	Term loan	01/20/11	01/20/14		1		*			5.43	%	$	0	$	480	$	470	$	472
		Brasil Taxi Llc	##	Term loan	10/20/10	10/19/13		1		*			5.43	%	$	0			$	437	$	438
		Tjp Inc	##	Term loan	07/07/10	07/07/13		1		*			7.00	%	$	0			$	198	$	199
		Hantin Trans/Aventura Taxi		Term loan	06/16/10	06/16/17		1		*			8.25	%	$	0			$	167	$	169
		Cristal Cab Co		Term loan	05/23/11	05/23/15		1		*			6.50	%	$	0	$	145	$	143	$	145
		Zelalem S. Alemu		Term loan	04/28/08	04/28/13		1		*			11.00	%	$	0			$	128	$	128
		Wiljean Marcelin		Term loan	11/17/10	12/01/15		1		*			8.25	%	$	0			$	107	$	109
		Ogechi Inc	##	Term loan	02/15/08	02/15/12		1		*			7.25	%	$	0			$	108	$	108
		Getrot Michel		Term loan	03/07/08	03/23/14		1		*			7.75	%	$	0			$	95	$	96
		Elzira & Luc Cab Inc.		Term loan	08/17/10	08/17/13		1		*			8.25	%	$	0			$	52	$	53
		Hantin Transportation Inc		Term loan	09/22/11	10/01/12		1		*			8.25	%	$	0	$	50	$	50	$	52
		Elysse Corporation &		Term loan	09/10/10	03/10/18		1		*			8.25	%	$	0			$	35	$	37
		Spsa-1 Inc; Saps-2 Inc; Psas		Term loan	10/15/04	10/13/12		1		*			7.50	%	$	0			$	26	$	26
		Morocco Taxi Llc/Mbank		Term loan	12/21/10	12/20/13		1		*			6.38	%	$	0			$	24	$	24
		Congo Taxi Llc/Mbank		Term loan	02/10/11	02/10/14		1		*			6.38	%	$	0	$	23	$	23	$	23
		Kenya Taxi Llc/Mbank		Term loan	02/10/11	02/10/14		1		*			6.38	%	$	0	$	23	$	22	$	22
		Oddy Transportation Services I		Term loan	11/26/07	11/27/14		1		*			8.00	%	$	0			$	20	$	20
		Wiljean Marcelin/Fs		Term loan	11/17/10	12/01/15		1		*			7.00	%	$	0			$	15	$	15
		Odney Cab Inc/Mbank		Term loan	12/22/10	12/22/15		1		*			11.50	%	$	0			$	7	$	7
		Durosier Xavier/Mbank		Term loan	08/16/10	07/01/15		1		*			7.25	%	$	0			$	3	$	3

Total medallion loans ($243,057 pledged as collateral under borrowing arrangements)								848		179	%		5.11	%	$	0	$	207,858	$	306,771	$	307,167

Commercial Loans
Secured mezzanine (18% Florida, 14% Minnesota, 14% Oklahoma, 10% Indiana, 9% California, 7% Texas and 28% all other states) ⁽²⁾
Accommodation and Food Services (4% of the total)		Javier & David		Term loan	11/05/10	11/05/15		1		*			9.25	%	$	0			$	639	$	634
		Star & (interest rate includes PIK interest of 3.5%)		Term loan	09/23/97	10/01/15		1		*			10.00	%	$	0			$	1,432	$	466
		Multiconcepts & (interest rate includes PIK interest of 3.5%)		Term loan	12/22/94	10/01/15		1		*			10.00	%	$	386			$	1,468	$	388
Administrative and Support Services (5% of the total)		Staff One &		Term loan	06/30/08	12/31/13		1		1	%		13.00	%	$	0			$	3,306	$	1,850
		Staff One &		Term loan	09/15/11	12/31/13		1		*			13.00	%	$	0	$	100	$	100	$	100
		Ecological Systems (Esi) & (interest rate includes PIK interest of 9%)		Term loan	01/14/05	01/14/10		1		*			19.00	%	$	275			$	5,070	$	0
Arts, Entertainment, and Recreation (9% of the total)		Rpac Racing (interest rate includes PIK interest of 10%)		Term loan	11/19/10	11/19/15		1		2	%		10.00	%	$	340			$	3,379	$	3,379
Health Care and Social Assistance (3% of the total)	+	Will Vision &		Term loan	12/31/98	06/30/17		1		1	%		7.00	%	$	0			$	1,386	$	986
Manufacturing (67% of the total)	+	Reel Power (interest rate includes PIK interest of 2%)		Term loan	08/04/08	02/04/14		1		2	%		14.00	%	$	86			$	3,586	$	3,586
		Process Fab & (interest rate includes PIK interest of 3%)		Term loan	04/17/08	04/17/15		1		2	%		14.00	%	$	384			$	4,884	$	3,358
		Motion Tech (interest rate includes PIK interest of 6%)		Term loan	12/23/10	12/23/15		1		2	%		18.00	%	$	189			$	3,189	$	3,195
		Imperial (interest rate includes PIK interest of 3%)		Term loan	12/15/11	12/31/16		1		2	%		15.00	%	$	4	$	2,800	$	2,804	$	2,823
	+	Packaging Specialists (interest rate includes PIK interest of 6%)		Term loan	04/01/08	04/01/13		1		1	%		14.00	%	$	191			$	2,191	$	2,191
		Aeration & (interest rate includes PIK interest of 6%)		Term loan	12/30/10	06/30/16		1		1	%		18.00	%	$	81			$	2,416	$	2,190
		Dynamic Systems (interest rate includes PIK interest of 3.5%)		Term loan	12/23/10	12/23/17		1		1	%		15.50	%	$	74			$	2,074	$	2,074
	+	Paca Foods		Term loan	12/31/10	12/31/15		1		1	%		14.00	%	$	0			$	1,500	$	1,499
	+	Paca Foods		Term loan	12/31/10	12/31/15		1		1	%		12.00	%	$	0			$	1,500	$	1,499
		Orchard &		Term loan	03/10/99	03/31/10		1		1	%		13.00	%	$	0			$	1,420	$	1,220
	+	Waltek & (interest rate includes PIK interest of 12%)		Term loan	03/31/06	03/31/13		1		1	%		12.00	%	$	92			$	1,071	$	1,071
	+	Door Engineering		Term loan	12/15/04	12/15/12		1		*			13.00	%	$	0			$	640	$	635
	+	Quaker Bakery		Term loan	10/02/06	03/01/12		1		*			12.00	%	$	0			$	185	$	185
Professional, Scientific, and Technical Services (0% of the total)		Mccaully &		Term loan	10/26/11	11/01/14		1		*			10.00	%	$	0	$	150	$	145	$	45
Retail Trade (1% of the total)		Retail & (interest rate includes PIK interest of 3.5%)		Term loan	09/23/97	10/01/15		1		*			10.00	%	$	143			$	752	$	376
Wholesale Trade (11% of the total)		(interest rate includes PIK interest of 5%)		Term loan	06/01/07	04/24/14		1		2	%		13.00	%	$	0			$	4,000	$	4,000
	+	Las Olas &		Term loan	03/31/08	03/31/13		1		*			16.00	%	$	0			$	2,484	$	101

Total secured mezzanine ⁽²⁾								25		22	%		14.04	%	$	2,246	$	3,050	$	51,622	$	37,851

Medallion Financial Corp.

Consolidated Schedule of Investments

December 31, 2011


*(Dollars in thousands)*	Obligor Name		Security Type (all restricted unless otherwise noted)	Acquisition Date	Maturity Date	# of Invest.		% of Net Assets			Interest Rate ⁽¹⁾			Capitalized Interest		Original Cost of 2011 Acquisitions⁽⁵⁾		Cost ⁽⁴⁾			Fair Value
Asset-based (82% New York, 13% New Jersey and 5% all other states)
Accommodation and Food Services (5% of the total)	Flaum Appetizing Corp.		Revolving line of credit	04/27/11	04/27/12		1		*			6.00	%	$	0	$	51	$	57		$	60
Administrative and Support Services (4% of the total)	Raritan Building Service Corp		Revolving line of credit	06/30/07	06/30/12		1		*			5.50	%	$	0			$	242		$	236
	Hhcny, Inc.		Revolving line of credit	06/22/04	06/22/12		1		*			5.75	%	$	0			$	145		$	137
Construction (7% of the total)	Triple A. Supplies, Inc.	##	Revolving line of credit	07/20/99	07/20/12		1		*			5.75	%	$	0			$	626		$	617
	Basic / Dritac		Revolving line of credit	06/29/99	06/29/12		1		*			6.00	%	$	0			$	40		$	40
Finance and Insurance (7% of the total)	Merchant Advance, Llc		Revolving line of credit	10/25/05	10/25/12		1		*			6.25	%	$	0			$	250		$	243
	Us Military		Revolving line of credit	07/25/07	07/25/12		1		*			4.25	%	$	0			$	153		$	144
	Special Financing Company, Llc		Revolving line of credit	02/06/02	02/06/12		1		*			8.25	%	$	0			$	92		$	91
	United First Federal Corp.		Revolving line of credit	08/04/03	08/04/12		1		*			7.75	%	$	0			$	92		$	90
	Ras Group, Inc.		Revolving line of credit	02/14/08	02/14/12		1		*			5.50	%	$	0			$	93		$	89
	North Shore Leasing & Funding		Revolving line of credit	11/10/11	11/10/12		1		*			8.25	%	$	0	$	38	$	38		$	29
Health Care and Social Assistance (3% of the total)	Heart To Heart Home Care	##	Revolving line of credit	10/02/07	10/02/12		1		*			5.75	%	$	0			$	201		$	185
	Tri-Borough Home Care, Ltd		Revolving line of credit	12/01/10	12/01/12		1		*			6.00	%	$	0			$	89		$	91
Manufacturing (3% of the total)	Fine Line Graphics, Inc.		Revolving line of credit	11/29/05	11/29/12		1		*			6.50	%	$	0			$	179		$	169
	Absecon Mills, Inc.	##	Revolving line of credit	07/07/04	07/07/12		1		*			6.25	%	$	0			$	87		$	80
	Douglass Industries, Inc.	##	Revolving line of credit	07/07/04	07/07/12		1		*			6.25	%	$	0			$	52		$	50
	Danbury Pharma, Llc		Revolving line of credit	05/06/11	05/06/12		1		*			7.00	%	$	0	$	34	$	42		$	47
	Jlm Couture Inc.		Revolving line of credit	06/22/10	06/22/12		1		*			5.75	%	$	0			$	21		$	21
	Matthew Die Division Llc		Revolving line of credit	02/18/10	02/18/12		1		*			6.25	%	$	0			$	20		$	20
	Summit Steel & Manufacturing		Revolving line of credit	08/01/08	08/01/12		1		*			5.50	%	$	0			($	53	)	($	59	)
Retail Trade (6% of the total)	Cnc Associated N.Y.		Revolving line of credit	07/24/01	07/24/12		1		*			5.75	%	$	0			$	217		$	214
	The Dependable Food Corp.	##	Revolving line of credit	10/19/98	10/19/12		1		*			4.75	%	$	0			$	213		$	210
	I & E Tire Corp.	##	Revolving line of credit	12/21/98	12/21/12		1		*			5.75	%	$	0			$	175		$	173
	Colt, Inc.		Revolving line of credit	10/12/04	10/12/12		1		*			6.11	%	$	0			$	54		$	50
	Cyrus R. Fox, Inc.	##	Revolving line of credit	08/31/06	08/31/12		1		*			5.75	%	$	0			($	10	)	($	16	)
Transportation and Warehousing (20% of the total)	Fleet Radio Dispatch Corp.	##	Revolving line of credit	12/31/01	12/31/12		1		*			6.00	%	$	0			$	824		$	812
	Communicar Incorporated	##	Revolving line of credit	02/06/04	02/06/12		1		*			7.25	%	$	0			$	517		$	509
	Big Daddy Drayage, Inc.		Revolving line of credit	10/18/06	10/18/12		1		*			5.75	%	$	0			$	247		$	236
	Chauffeured Services Unlimited		Revolving line of credit	05/02/06	05/02/12		1		*			8.00	%	$	0			$	200		$	197
	Luxury Worldwide		Revolving line of credit	07/20/07	07/20/12		1		*			5.75	%	$	0			$	97		$	93
Wholesale Trade (40% of the total	Newburg Egg Corp.	##	Revolving line of credit	03/16/99	03/16/12		1		1	%		6.00	%	$	0			$	1,446		$	1,425
	Capitalsea, Llc	##	Revolving line of credit	11/07/05	11/07/12		1		1	%		4.50	%	$	0			$	1,349		$	1,321
	Atlantic Veal & Lamb, Inc.	##	Revolving line of credit	08/15/01	08/15/12		1		1	%		5.50	%	$	0			$	970		$	957
	Rel International		Revolving line of credit	04/11/07	04/11/12		1		*			5.25	%	$	0			$	238		$	232
	Pride Of Neptune, Inc.	##	Revolving line of credit	01/14/02	01/14/12		1		*			4.75	%	$	0			$	217		$	214
	Magic Moments		Revolving line of credit	01/23/08	01/23/12		1		*			6.75	%	$	0			$	88		$	86
	Plymouth Rock Fuel Corp		Revolving line of credit	11/16/10	11/16/12		1		*			5.75	%	$	0			$	69		$	60
	Banner Smoked Fish, Inc.	##	Revolving line of credit	03/27/01	03/27/12		1		*			5.25	%	$	0			$	54		$	54
	Garden State Dental Supplies		Revolving line of credit	02/04/11	02/04/12		1		*			6.75	%	$	0	$	44	$	46		$	49
	Snow Shoe Refractories, Llc		Revolving line of credit	11/30/11	11/30/12		1		*			6.00	%	$	0	$	40	$	48		$	47
	Medicom Llc		Revolving line of credit	07/28/10	07/28/12		1		*			5.75	%	$	0			$	21		$	20
	Two Cousins Fish Market, Inc.		Revolving line of credit	01/23/99	01/23/12		1		*			5.25	%	$	0			($	158	)	($	158	)

Total asset-based ($6,506 pledged as collateral under borrowing arrangements)							42		5	%		5.77	%	$	0	$	207	$	9,388		$	9,165

Other secured commercial (83% New York, 15% New Jersey and 2% Illinois)
Accommodation and Food Services (54% of the total)	Dune Deck Owners Corp	##	Term loan	04/24/07	03/31/14		1		2	%		7.25	%	$	0	$	0	$	3,097		$	3,097
	El Tropico Family Rest Ii Llc		Term loan	11/29/05	11/18/12		1		*			10.75	%	$	0	$	0	$	309		$	309

Medallion Financial Corp.

Consolidated Schedules of Investments

December 31, 2011


*(Dollars in* *thousands)*	Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date		Maturity Date	# of Invest.		% of Net Assets			Interest Rate ⁽¹⁾			Capitalized Interest		Original Cost of 2011 Acquisitions⁽⁵⁾		Cost ⁽⁴⁾		Fair Value
	Cardenas Corp	Term loan		07/29/08	07/29/14		1		*			10.50	%	$	0			$	213	$	211
	Pc One Inc Dba The Willett Hou	Term loan		05/25/05	03/25/13		1		*			8.50	%	$	0			$	181	$	181
	Dna Restaurant Corp	Term loan		07/14/06	10/14/12		1		*			12.50	%	$	0			$	34	$	34
	El Tropico Family Rest Ii/B No	Term loan		12/23/08	06/25/12		1		*			11.00	%	$	0			$	3	$	3
Arts, Entertainment, and Recreation (4% of the total)	Prompt Appraisals Inc &	Term loan		01/24/07	05/28/15		1		*			6.50	%	$	0			$	390	$	265
Other Services (except Public Administration) (4% of the total)	2617 S Wabash Ave Realty Llc	Term loan		01/16/04	01/16/14		1		*			5.50	%	$	0			$	151	$	151
	Newco Laundry Systems I Inc	Term loan		05/02/09	05/02/14		1		*			6.50	%	$	0			$	131	$	132
Real Estate and Rental and Leasing (3% of the total)	Rala Management	Term loan		04/22/99	09/01/15		1		*			5.50	%	$	0			$	137	$	137
	Thursday Morning Inc	Term loan		04/01/10	04/01/15		1		*			6.00	%	$	0			$	80	$	73
Retail Trade (31% of the total)	Guyonamar Food Corp	Term loan		03/17/11	03/17/16		1		*			9.25	%	$	0	$	800	$	763	$	758
	616 Broadway Llc	Term loan		02/10/11	12/17/14		1		*			8.50	%	$	0	$	370	$	355	$	357
	Drr Enterprises Llc	Term loan		10/28/08	10/17/13		1		*			11.00	%	$	0			$	200	$	200
	Red Hook Meat Corp &	Term loan		09/24/07	03/14/13		1		*			11.50	%	$	0			$	437	$	167
	New Era Meat Supermarket Llc	Term loan		09/13/06	01/13/12		1		*			12.00	%	$	0			$	137	$	137
	Mi Favorita Food Corp	Term loan		08/13/09	12/26/14		1		*			9.25	%	$	0			$	127	$	127
	Moderne Barn Wines&Spirits Inc	Term loan		12/07/09	08/09/16		1		*			6.00	%	$	0			$	105	$	105
	G&C Grocery Inc &	Term loan		05/19/08	08/23/15		1		*			0.00	%	$	0			$	104	$	104
	39-04 Skillman Llc & G&A Auto	Term loan		08/04/11	08/04/14		1		*			6.00	%	$	0	$	875	$	94	$	96
	East Bronx Food Corp	Term loan		04/23/08	04/23/13		1		*			11.00	%	$	0			$	86	$	85
	Julio Castillo	Term loan		08/18/08	08/18/13		1		*			10.50	%	$	0			$	66	$	66
	Salomon Deli Grocery Corp	Term loan		05/19/08	05/19/13		1		*			10.75	%	$	0			$	61	$	61
Transportation and Warehousing (4% of the total)	United Management Group Inc	Term loan		08/25/10	08/18/12		1		*			6.00	%	$	0			$	54	$	55
	United Management Group Inc	Term loan		12/08/10	12/06/12		1		*			6.00	%	$	0			$	36	$	37
	United Management Group Inc	Term loan		11/01/10	10/28/12		1		*			6.00	%	$	0			$	33	$	34
	United Management Group Inc	Term loan		07/14/10	07/12/12		1		*			6.00	%	$	0			$	32	$	33
	United Management Group Inc	Term loan		07/26/10	07/22/12		1		*			6.00	%	$	0			$	24	$	25
	United Management Group Inc	Term loan		06/11/10	06/08/12		1		*			6.00	%	$	0			$	24	$	24
	United Management Group Inc	Term loan		10/07/10	10/05/12		1		*			6.00	%	$	0			$	20	$	21
	Pro-Serve Auto Care Inc	Term loan		12/02/10	11/22/13		1		*			6.50	%	$	0			$	19	$	20
	United Management Group Inc	Term loan		06/21/10	06/14/12		1		*			6.00	%	$	0			$	14	$	15
	United Management Group Inc	Term loan		09/15/10	09/15/12		1		*			6.00	%	$	0			$	10	$	11
	Mcguinness Management Corp	Term loan		09/01/10	09/01/12		1		*			6.50	%	$	0			$	5	$	6
	Pro-Serve Auto Care Inc	Term loan		07/07/09	06/19/12		1		*			6.50	%	$	0			$	2	$	2
	United Management Group Inc	Term loan		01/15/10	01/12/12		1		*			6.25	%	$	0			$	2	$	2
	Pro-Serve Auto Care Inc	Term loan		06/08/09	05/26/12		1		*			6.50	%	$	0			$	1	$	1
	Pro-Serve Auto Care Inc	Term loan		06/08/09	05/26/12		1		*			6.50	%	$	0			$	0	$	0

Total other secured commercial loans ($3,097 pledged as collateral under borrowing arrangements)							38		4	%		8.06	%	$	0	$	2,045	$	7,539	$	7,143

Total commercial loans ($9,603 pledged as collateral under borrowing arrangements)⁽²⁾							105		32	%		12.25	%	$	2,246	$	5,303	$	68,549	$	54,159

Commercial Banking	Medallion Bank **	100% of common stock		05/16/02	None		1		48	%		6.58	%	$	0			$	82,852	$	82,852
Real Estate	Medallion Hamptons Holding LLC	100% of membership interests		06/21/05	None		1		1	%		0.00	%	$	0			$	2,436	$	2,436
Loan Servicing	Medallion Servicing Corp.	100% of common stock		11/05/10	None		1		*			0.00	%	$	0			$	577	$	577
Advertising	Generation Outdoor, Inc.	100% of common stock		12/20/04	None		1		*			0.00	%	$	0			$	65	$	65
Advertising	Medallion Sports Media, Inc.	100% of common stock		01/05/11	None		1		*			0.00	%	$	0			$	2	$	2

Investment in Medallion Bank and other controlled subsidiaries, net							5		50	%		6.40	%	$	0	$	0	$	85,932	$	85,932

Equity investments

Medallion Financial Corp.

Consolidated Schedules of Investments

December 31, 2011


*(Dollars in thousands)*		Obligor Name	Security Type (all restricted unless otherwise noted)	Acquisition Date	Maturity Date	# of Invest.		% of Net Assets			Interest Rate ⁽¹⁾			Capitalized Interest		Original Cost of 2011 Acquisitions⁽⁵⁾		Cost ⁽⁴⁾		Fair Value
Appliance Recycler #		Appliance Recycling Centers of America, Inc.**	8% of common stock	09/10/98	None		1		1	%		0.00	%	$	0			$	0	$	2,225
									*
Commercial Finance		Convergent Capital, Ltd	7% of limited partnership interest	07/20/07	None		1		1	%		0.00	%	$	0			$	1,094	$	1,214
									*
NASCAR Race Team		Medallion Motorsports, LLC	75% of limited liability interest	11/24/10	None		1		*			0.00	%	$	0			$	454	$	454
									*
Machinery Manufacturer	+	Reel Power International, Inc.	2% of common stock	08/04/08	None		1		*			0.00	%	$	0			$	318	$	318
									*
Real Estate Investment Trust		PMC Commercial Trust**	*	12/30/10	None		1		*			9.14	%	$	0			$	901	$	229
									*
Surgical Instruments		Summit Medical, Inc.	9.25% of common stock	11/01/10	None		1		*			0.00	%	$	0			$	135	$	135
									*
Insurance		Metlife, Inc.	*	12/30/10	None		1		*			2.37	%	$	0			$	5	$	2
									*
Equipment Manufacturing		Aeration Industries International, LLC	5.25% of limited liability interest	12/31/10	None		1		*			0.00	%	$	0			$	365	$	0
									*
Radio Station Broadcasting		On Top	*	12/05/02	None		1		*			0.00	%	$	0			$	200	$	0

Equity investments, net							9		3	%		2.26	%	$	0	$	0	$	3,472	$	4,577

Investment securities
Investment securities, net							0		0	%		0.00	%	$	0	$	0	$	0	$	0

Net Investments ($252,660 pledged as collateral under borrowing arrangements)⁽³⁾							967		263	%		6.38	%	$	2,246	$	213,159	$	464,724	$	451,835

(1)	Represents the actual or weighted average interest or dividend rate of the respective security or portfolio as of the date indicated. Investments without an interest rate or with a rate of 0.00% are considered non-income producing.

(2)	Included in secured mezzanine commercial loans was $2,246 of interest income capitalized into the outstanding investment balances, in accordance with the terms of the investment contract.

(3)	The ratio of restricted securities fair value to net assets is 262%.

(4)	Gross unrealized appreciation, gross unrealized depreciation, and net depreciation for federal income tax purposes totaled $2,345, $15,538, and $13,193, respectively. The tax cost of investments was $436,120.

(5)	For revolving lines of credit the amount shown is the cost at December 31, 2011.

*	Less than 1.0%

**	Not an eligible portfolio company as such term is defined in Section 2(a)(46) of the 1940 Act. The percentage value of all non-eligible portfolio companies to total assets of Medallion Financial on an unconsolidated basis was up to 27% and up to 16% on a consolidated basis.

&	Loan is on nonaccrual status, or past due on contractual payments, and is therefore considered non-income producing.

#	Publicly traded but sales subject to applicable Rule 144 limitations.

##	Pledged as collateral under borrowing arrangements.

+	Includes various warrants, all of which have a cost and fair value of zero at December 31, 2011